1940-11-29 — Page 10

Adama Express

Alleghany Steel Co.

Allis Chalmers

Aluminium Ltd, ...............

Amer, Can

American Cyanamid B.....

On Paris:-

On Saigon:-

On demand

On Manila:-

On demand

On Bangkok:--

'On demand.....

On Sterling Notes:-

1

SPOT

DECEMBER

JANUARY

FEBRUARY

100 1/2

APRIL-JUNE

48 1/4

1491/2

Telegraphic Transfer-les 1/8 JAN-JUNE

and demand

On New York:-

Bank Bills, on demand 23 1/8 Crediis, 60 daya' sight 24

On Batavia:-

On demand ... 43 1/4

Bark Bills, on demand Nom. Credits 4 months sight Nom.

APRIL-JUNE

The market was very dull..

LONDON RUBBER

Previous close. Today's close

Previous." Nov. 27

Close Opening Closing buyers buyers 38-1/2 38-3/8 33-1/2 37-3/8 37-1/4 37-1/4 36 cts, 35-7/8 35-7/8

Amer. & Foreign Power ....

Change

Amer & Föreign $7 pf.

Amer. Locomotive ......

unch. of 1/8

Amer, Metals Co.

Amer. Radiatur

14

Amer. Rolling Mill

Amer. E'ting and Ring Co.

Amer, Sugar Refining

Amer. Tel, & Tel.

buyers

11-3/4

buyers 11-11/16

Change

Amer. Tobacco "B"

of 1/16

Amer, Waterworks

11-13/16 12 12-1/18 12-1/18

11-13/16

unch.

Anaconda Copper

11-15/16

OM. 1/16

Atchison, T. & S. Fe.......

12-1/16

unch

Aviation Corp.

12-1/18

unch.

Baldwin Lecometive

Bank Buying Rate. Nom.

Bar Silver per oz mü

93

Shanghai Exchange

The marwet was idle.

NEW YORK STOCKS: Previous close, 131.94: Today's close, 129.78;

Change, off 2.16.

NEW YORK COMMODITY MARKET

Bendix Aviation

Baltimore & Ohio...

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

NOVEMBER 28, 1940

On London:-

Telegraphic Transfer, 1/1 7/8 Bank Hills, on demand 1/8 7/8, Credits 4 months' sight

On demand 390

On Shanghai:----

On Singapore:-

On.. demand

On Japan:-

On demand

On India

PAYNE & CO.

COMMODITY BROKERS STOCK EXCHANGE · BUILDING HONGKONG

MARKET REVIEW

(FROM PAYNE & ́(10.)

COMMODITY

52'3/4

104

NEW YORK, Nov. 21, 1940,

SINGAPORE RUBBER'

SPOT

NEW YORK STOCK EXCHANGE-

STOCKS

QUOTATION (REUTER'S SERVICE) NOVEMBER 28, 1940.

FRIDAY, NOVEMBER 29,1

BANKS

1940.

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital... 850.000,000

'INDIA, AUSTRALIA AND CHINA

Issued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, 1838-

Reserve Funds C Sterling

H.K. Currency Reserve $10,000,000 Reserve Liability of Pro

Paid-Up Capital £8,300,000 Reserve Fund

£3,000,000

£3,000,00

prietors...

£3,000,000

HEAD OFFICE! LONDON:

$20,000,000

Head Office-HONG KONG

Board of Directors: H. V. Wilkinson, Esq.,

· Chairman. Hon. Mr. J. J, Paterson,

Deputy Chairman. J. K. Bousfeld, Esq., 4. H. Compton, Esq. Hon. Mr. S. H. Dodwell, G. Miskin, Esq.;

Hon. Mr. T. E. Pearce,

38, Bishopagato E,Ca Sub-Agencies in London': 117/122, Leadenhall Street, E.C.3- West End Branch: 14/18, "Cookspur Street, S.Wi Manchestar Branch: Mosley Street, Manshostar,

AGENCIES AND BRANCHES

HARBIS.

PENANG HONG KONG BANGOOS

ALOR STAB AMRITSAR

BANGKOK

BATAVIA

BOMBAT

TLOTLA

CMDQUISTAN KLANOM

AGENCIES: — KOER CELTA STRUKT

Chief Manager. FAIRLIE PLACE KUALA

LUMTUR

KANTON GAWIYORE KUCHING QU COLOMBO DILEI HAIPHONG

-- MANILA"

SQUBADATA

TALVIA THENTAIN

TONGKAMA

(Bhukot)

Last Sale

STOCKS

Last Sale

Nov. 27

Nov. 27

Reserve Liability of

Proprietors

51

Loew's Ins

281

211

Loft Incorperated,

201

341

Mack Truck Inc.

78*

Martin, Glen Li

311

861

McKesson & Robbins, pt4. 251

343

| Montgomery Ward

37

1

Mtain City Copper Co.

33

15

National Aviation

111

151

}'Nat, Dairy Products

13

18

National Distillers .....

22

71

National Leed

18..

151

Nak Power & Light

7

K. S. Morrison, Esq.,"

434

National Supply Corp...

$$

14"

New York Central .............

14.

C. C. Roberts, Esq., '

1652

Niagara Hudson Power

34

#70

N. American Aviation Aner

171

-01

North American Co.

Hoa li ti I Shield Sir Vandeleur M. Grayburn,

MAIGON

OH

BERTIBAN

ERBACK:**

SHANGMAT

SINGAPURA

SETIAWAM

183.

261

Northern Pacifie

.:01

18

Owens-Illinois Glass Co.

46

Branches:

42.

MADRAS

Pacific Gas & Elec

261

Amoy

Johore

10)

Packard Motors

.3.

Bangkok

Kobe

Rangoon Saigon

-4

Pan-American. Airways ...

15

Batavia

Kowloon San

Barber Asphalt Co.

91

Paramount Pictures

Bombay

Kuala

Barnsdall Ou

9)

Pennsylvania ER

... 213.

Calcutta

Lumpur Shanghai

321

Philadelphia Read Coal

Canton

London Singapore

Francisco RAMBURG BANTOW

Bethlehem Steel

85

Phillips Petraleum

Chefoo

38

Lyons. Sourabaya

Bias Co.

13+

Colombu

Malacca

|Public Service of NJ,

30

Sungei

Dairen'

Manila

Patani

Boelag Airplane Co. -

sr

17.

Pullman InC..........................................

25*

Foochow

Maar

Swatow

(REUTER'S SEKVICE)

Borg-Warner ........

201

Pure Oil

8

Haiphong (Johore) Tientsin

Briggs Mig.

231

Radia Corpa, of Am. "................

47

-Bankow

Shanghai.. Nov. 28 (Reuter).

Official T.T. Kales

Opening

London

0/3-11/16

New York

Japan

-5-3/4

24-3/8

New York Cotton, Dec." New York Rubber. Dec. Chicago Wheat. Déc. Chicago Corn, Dec. New York Hides, Dec.

NEW YORK COTTON

Prev. Today's High Low Close Close Change 10:17 10.10 10.14 10.10 04 on 20.50 20.40 20.47 20.406 07 of

281 884 881

811

1.of €37 83 623 631 * up 12.52.12.23 12.52 12 23 29 o

Mukden Tokyo

Budd M'facturing Corp.

5

Reading Company,

Cam

131

darbin

Canadian Pacife R'way

33

Remington Arms Co., Inc.

iloilo

New York Peiping

Case, FI

60

Republic Aviation Corp.

41

[poh

Celanese

277

Republic Stee!

214

Chesapeake & Ohio

411

Revere Corp. ....

117

Chrysler Corpn.

751

Reynold Tobac. "B"

32

Columbia Gas & Elec

47

Safeway Stores

422

Close

Opening

Closing

India

20-3/8 N

Hongkong

:. 24-1/2

Dec. New contract) ...10.14/14

10.17/17

Sterling

January

>

Sellers

March

{

}

Opening Closing

May

Spot

0/3-3/4

0/3-23/32

Nov.

0/3-3/4

0/3-23/32

Dec.

0/3-47/64 0/3-45/64"

July October Spot

{"

>

U.S. Dollars

Spot

$5-7/8

35-13/16

Nov.

5-7/8

5-13/16-

Dec.

5-7/8

5-25/32

Silver Doty Rate

Bank of China's

Market:-Ea37.

The Central

rate on London at 10 a.m. today

was, 1/2-1/2d:

The Equalisation rate was 217 CHICAGO WHEAT

March May

20.47/47 Januarying cap 20.45b

20.20/20 20.20a

10.07/07 10.10/18 10,08/08 ()...... 9.89/00 941/41

10.14 N Total aules Tuesday:--102,000 bales.”“

NEW YORK RUBBER

December

10.08b/108 $10.19/20

10.10/10 10.04n 10 14/14

Change

..04 off

Commercial Credit Co.

31.

Schenley Distillers

10%

Com, & Southern (Ord.)

Sears Roebuck

742

Consolidated Edison

*221

Shell Union Oil

10

103 off

Consolidated Ofl

51

Sociny-Vacunum Oil

ક

.02 off

Con sentai gắn

361

Southern Pacide

81

Boxes in various, sizes To Lar Hong Kong. 28th February, 1940.

: 10.10/10

9.53/92 9.42/42"

10.02/03

04 of

Continental Of

20

Southern Rly $5 pfd. ...............

204

Penang

Tsingtao Yokohama "

TSINGTAO

XEW YORK · TOKORAM,

CHIPING

(Peking)

and

FOREIGN EXCHANGE and General Banking Business transacted.

CURRENT "A0000Ts opened FIXED DEPOSITE " TECOÏved for Ope | Year or shorter periods in Local or Other Currencies at rates (which will be quoted on application.

SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates obtainabia on application.

CORRENT. ACCOUNT opebed in LOCAL CURRENCY and Fixed Deposit

The Bank's Head Office In London received" for one year or aborter periods in Local and other Cur-undertakes Executor. and Trost rencies on terms which will be business, and claims recovery of quoted on application.

British Income Tax overpaid, on

Also up to date Saru Dirosir terms which may be ascertained s**

any of the Agencies and Branches BA. CAMIDGE, .

Manager.

MUDAN

.

9.85/85

,04 off

Copperweld Steel

181

Spicer Manufacturing Co.

331

9.27/27

:14 of

Curtiss Wright (0.1

9

Standard Brands

61

10.10n

.04 off

Curtiss Wright. "A"

271

Stand Gas & Fec,

11

Deere & Co.

201

+

Standard Of of California

18

Distillers Corpn. Seagrams

181

Standard Oll of NJ.

342

Douglas Aircraft

78

Stone & Webster

B1.

20.50 '50

20.40b/45a 107 off

Da Pont de Nemours

155

unquoted -21.18/18 19.06/96

20.32b 20.12/12 19.00b

Is off

Eagle Ficher Lead

103

.08 ott

Eston Mfg. Co.-

324

.30 off

Elec. Antolite

347-

Studebaker-Com.

swinternacional

Technicolor

Texas Corpn.

72

171

ཎྜ་;

38)

Elec Bond & Share A...

41

Total sales:-1,470 tons,

Teres Gulf Sulphur

301

Elec: Bond & Share $5 pt.

553

| Timken-Arie

271

Elec Band & Share $6 pf.

Trans-America Co.

5

per cent.

India Rupee Paper

December

831/881

Elec. Power & Light 3 pr.

311

871/871

88/87]

off

20th Cent. Fox.

-54

May July

87/262-

Flatkote

154

881/88)

861/86)

A off

| Unión Bag & Paper Corp.

12

831/83

82$/82)

824/821

off

Gen. American Trans

531

Union Carbide & Carbon

70

Tuesday's sales:—14,578,000 bushels. · CHICAGO COBN December

Gen. Electric'.....

324

Union Pacific

801'

Den Motors

ו.

Gen. Ballway Signal

May

July

623/623 621/621/ 631/631 823/621 621/621 621/622 62/62 821/831 62+/821

1 up

Gen, Tire & Rubber

off

alidden Co.......

2011

Goodrich (BF.)

Goodrich-$5 pt.

་

Goodyear Tire & Co.

12,529 12.24/24

12.52/50 12.23b 12.19/16 11.926/97a contracts,

29 off

Great Northern Iron Ore --

32 off

Great Northern Rly, pfd

Great Western Segar

34-8/4 unreceived.

Greyhound Corpn.

Hercules Powder Co

Homestake Mining

Int Nickel

Inter. Paper & Power Int. Tel. Tel

Kentecott Copper

Lakey Foundry & Mac. Libbey-Owens-Ford CHILE Lockheed Aircraft

Bombay, Nov. 27 (Reuter). Govt. 31 Rupee, 92-0440.

Calcuna Exchanze »

Calcutta, Nov. 27 (Reuter). T.1. on Japan. 81-1/4 SILVER MARKET

LONDON SILVER · London, Nov. 27 (Reuter). Silver-Little general selling. There was no demand and business was very small. Market quiet. In the afternoon, the market was very quiet.

Spot, 234.

Forward, 23d.

BOMBAY SILVER

Bombay, Nov. 27 (Reuter)

Market Steady Oftake 50 bars.

Indian Mint Silver..

Ready...

Dec. 27 Settlement

Jan. 22 Bettlement

81-11 61-11 81-11

RESERVE BANK OF

NEW YORK HIDES December March

Total sales for the day:-197 N.Y, Official Bilver 34-3/4 NY-London Cross Rate 4.04

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

London, Nov. 27 The following quotations are the middle prices at the close of the market in London. All quotations are subject to conflemation and no responsibility is amumed for errors In transmission.

INDIA-STATEMENT War Loan. 3% (Red,

Calcutta, Nov. 27 (Reuter).

Nov. 15 Nov. 22

לי

Notes in circulation

including Notes held in the Bank-

ing Department)... 25.571 Rupee Coin and Bul-

lion in India.. Gold Coin and Bul-

#

after 1952), et Janton-Koon Rly. 5% Chinese 41% Gold Loan. 1898 (Brit. Issue) * Chinese 5% Gold Bonds,

1925-47

25,595 Chin 44% Anglo-French

4,441 Chinese 5% Reprz, LoRD #1913 (Ldn. TË) Chinese 8% Bter. Noter, 1925 (Vickers) gaming Chin Imperi R. 6%

lion in India. Securities (Indian

Government)....... 4,982 4,901 Securities (British

Government) 13,150 13,150) (Figures in Lakhs of Rupees).

LONDON STOCK EXCHANGE

LONDON METALS

Tin,

EXCHANGE

London, Nov. 27 (Reuter).

Standard, Cash, Middle Price, 8257-7/8.

Tin. Standard, 3 months, Middle

Price, £259-7/8, Market dull

LONDON "GOLD.

London, Nov. 27 (Reuter). Bar Gold, Fine per oz, 188/-

1040

DOW JONES AVERAGE

Nov. 28, 1940.

Bigh Low Dow Jones Averages Nor. 28, High Low Close 162.80 11.64 30 Industrials

131.94

131.46 199.28 129.78.2.18 off 29,33*** 29.10 26.43 28.70

MED

29.67 P215 20 Rails

$6.40 18.03 2) Utilities

80.80 83.06 40. Bonda

€4.07 48.47 11 Commodity Inder

Change

63.off

.45 of

90.13

.21 off

.30

Business Done:--850,000 shares

WANT ADS

20 23 20.17 19.80 19.88 90,33

56.54

170

INDO-CHINA

BANK OF CHINA

fpecially Chartered by. THE NATIONAL GOVERNMENT. OF CHINA AB AN INTERNATIONAL EXCHANGE

PAID UP CAPITAL 640000,000.0

STEAM NAVIGATION COMPANY LTD KESANCHES AZ OVER CHINA)

2

1017

Chartered Bank

71

371

35

EK; & S'hai Bank (Ldn.

Reg.) H.K.Bhai Bank (Col

67

-Fes).

73

Lean, 1908

44

Chinese Eng., Mining

3,017

3,042 Chinese 5% Crisp Loan.

(bearer) va paikass

18/3

4,441

1913

14

Chosen Corporation

51-

Pekin: Byndicate me 2/-

B'bai Elec. Contr. Co.,15/-

Operating Services for Cargo and Passengers

6hal Waterworks "A" L

131

Union Insurance

TO-

Gala Kalumpang Rubber

18/7

SWATOW, SHANGHAI, TSINGTAU, CHEFOO:

45

8-A, Tob. (bearer)

BO/3

and TIENTSIN

121

Mercantile sank

201

Dunlop Rubber

31/10

SINGAPORE, PENANG CALCUTTA

13

Bristol Aeroplane

19,101

timperial Chemical Ind. 28/7!

United steel

21/3

Woolworths .....

57/3

All steamers berth alongside

Marxmaz Investments 7/6

Western Holdingi

8/9

Sub-Nigel

162/6

10

Shell Trand,

Trad.

(enter)^****

35/7/

Nat Defence Boada, 3% 1017. Londen-Midlands-Scat-

[*tish, 3%^**M

141

Great Western Rail-

way. 3%

331

LONDON, Nov 28 (Reuter) - Main Interest in the Stock Ex- change yesterday was in glit-edged securities in which good business was effected at tractionally higher levels.

+

Loan

Honan Rly, 5% Hukusng Ely 0%, 1911..

(LF. "N/Y'Issue) Hukuang · Rly. 5%, 1011 German Is810) '......... Lung Teing & U Hal

Rly. 5% 1913 'bai-N'King Rly. 5%... Tientsin-Pukow Rly. 50%

Brit, Stpd.) Tientsin-Pukow Rly 1%

German Stpd.)

Trading in industrials was coti aned to new leaders,

Among foreign holdings, Bouth Tentan-Pukow Ely, 1% American. bonds and Egyptian -7

per cent, improved while Eastern Blanks were also supported. Rails and oils were dull, Wall Street was steady.

(Brit. Btpd. Supl Lean) 10 Tientsin-Pukow Rly. 8%

(Ger. Btpd, Supl, Lean).

AVAGE

Fan 8% Eter Loan. 1924. 27

|Ger^7% Intl. Loan, 1924"

Nat Bank of India. 3% 284

KOBE and OSAKA"

SANDAKAN

HAIPHONG

pleses apply-to

the Roosevelt Terminal in

the French Concession

Shanghai, where passengers and cargo are landed.

For further partículars

JARDINE MATHESON&Co.,LTD. TELEPHONE SOJIL • GENERAL MANAGERS

Owing to our numerous, Branches in China" and coonestions in the |principal Commerpikl" Castem of

the World, we pra able to extang! to our Clients special facilition for Domestic and Foreign Banking BAZ Kachange.

*

Head Office:—MIANGRAT Hong Kong Branch,

4, QUEEN'S BOAD, C. South China Lifeer:

CANTON

|SWATOW

BHI CHOW

KONGMOON TOISHAN KINGEHUW

We also handle the issue of Bonds and other Public Fonds of the Chinem Government hoth a Home snd Abroad:

CHEN

401

United Airpraft

15+

United Airlines Trans (a......

45 157

134

| United Corp.

11

142

147

United Corp. $3 cum pf. 27 United Gas Corp.

63

United Gas Improvement 101

17/

¡US., Industrual Alcohol

211

177

S. Rubber Zä

231

26

1.3. Rubber $8 pfd.

901

21

Interest Rates on Application.

US, Smelting

63

114

HONGKONG SAVINGS

BANK

The Business of the above Bank in conducted by the BONGKONG SHANGHAI BANKING COR- PORATION, Hules may be obtain- id on application.

For the HONGKONG & BEARORA! BANKING CORFORATION.

7, M. GRAYBURN,"

Chef Manager. Hong Kong. 25th Feb., 1830.

THE CHASE BANK

16, QUEEN'S BOAD, CENTRAI

HEAD OFFICE:

18, Pire Bragg,

NEW YORK An American Bank offering com plete Foreign Banking Servic in the principal Markets of the world

BANK OF EAST ASIA, LIMITED

Authorised Capital.$10,000,000. 20 Paid-Up Capital 5,598,000.0 Boserve and Undivided'

Forts......

3,989,281.50

Head Office:-HONG KONG No. 10 Des Voeux Road, Centraj.

Board of Directors:

SIE SHOPSON Crow, Chairman

Li Koon Chun, Esq. Li Lam-Song, Beq. P. K., Kwok, T Wong Chun Son, Baq Wong You Tong, Esq. Fung Ping Wah EM Chan Ching Shak, Esq.

KAN TONG Po, Esq.; Chief Manager, La Tea Fona, Esq., Manager

Broaches and dpeneica: -

Koricom Ро

TALKING

Manila

Walbourne A2+

Magaporn

Amay

Batavie

Boobay

DB. Steel

661

.

SAFE DEPOSIT BOXES ·

Haiphong

173

Haskow

Hair Tork Denksta K

Vanadium

341

Hongjala

50

Valtee Aircraft

87

This Bank is” entirely owned b

251

| Walworth Co.

54

16

Warner Bros. Pict

3

2

35

**

481

Westinghouse Mec. Woodward Iron Cor. Chase National Bank National. City Bank

1031

314

324*

-204⚫

293

THR CHARE NATIONAL BANK. NEW YORK, with Besoures of prai U.S:$2,000,000,000.

D. M. BIGGAR,

Escons Vies Prat

Job?

Every description of Banking näd Exchange business transacted. Lonza granted on approved securities.

Current Accounts opened in Loos) Currency and Fixed Deposita pes cálved for one year or shorter periods in Local and Foreign" Cur- rencies on terms which will le quoted on application.

SAFE DEPOSIT Božis To Lar

KAN TONG PO,

Chief Manager

Shangh