HONGKONG DAILY PRESS

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

INDIA, AUSTRALIA

AND CHINA Authorised Capital... $50,000,000 Issued & Fully Paid-Up 380,000,000 Incorporated by Ruyal ('harter, 1858. Reserve Funds

Paid-Up Capital .......£3,000,000 Sterling

£8,500,000 Reserve Fund

....$3,000,000 H.K. Currency Reserve $10,000,000 Reserve Liability of Pro- Reserve Liability of

.......£3,000,000 prietors ..... Proprietors

.$10,000,000

HEAD OFFICE: LONDON: 38, Bishopsgate E.C.2. Sun-Agencies In London: 117/129,- Leadenhall Street, E.C.3. West End Branch:

Head Office: HONG KONG

Hoard of Directors:

A. L. Shielda, Esq.,

W. H. Lock, Esq...

Chairman.

Deputy Chairman.

Hon. Mr. J. K. Bousfeld,

A. H. Compton, Esq.,

Hon. Mr. S. H. Dodwell,.

D. F. Landale, Esq.,

G. Miskin, Esq.,

K. 8. Morrison, Esq.

Hon. Mr. T. E. Pearce;

HI, V. Wilkinson, Esq.

Sir Vandeleur M. Grayburn,

Batavia

Chief Manager:

Joho're Rangoon

Francisco

Latoy

Branches: Ipoh

... Penang

Bangkok

Kobe

Saigon

Bombay

Kowloon

San

Calcutta

Kuala

Canton

Lumpur

Shanghai

Obefoo

London

Singapore

Colombu Lyons

Sourabaya

Dairen

Foochov.

Malacca Sungei Manila

Haiphong Muar

Patani Swatow

Bamburg (Johore)

Tientsin

Bankow

Mukden

Tokyo

Harbin New York Hongkew Feiping Toilo..

Tsingtao Yokohamı

14/16, Cockapur Street, 8.W.i. Manchester Branch?

32, Mosley Street, Manchester, 2.

AGENCIES AND BRANCHES:

PENANG

HABBIR HONG KONG BANGOON

ALOR STAR AMRITSAR

BANGKOK

MATAVIA

ILOILO IPOK

SALOON

SEREMBAN

BOMBAY

KARACHI ILANG

SHANGHAI

DALOUTTA

AGENCIES: KORE

CLIFE START

KUALA

LUMPUR

KUCHING

MADEAS

SINGAPORK SITIAWAN BOURABAYA TAIPING TIENTSIN

(Bhuket)

YARAN PLACK

CANTON

CAWNPORK

TONGKAH

MANILA

COLOMBI

DELMI

MEÐAN

RAIPHONG HAMBURG KANTOT..

NEW YORK PEIPING

(Peking)

TBINGTAO TOTOHANA

FORZION EXCHANGE and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or shorter periods in Local.or Other Currencies at rater · which will be quoted on application.

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

CURRENT AccorNTE opened in LOCAL CURRENor and FixID DEPOSITE The Bank's Head Office in London received for one year or shorter undertakes, Executor and Trustee periods in Local and other Car-business, and claims recovery of rencies on term which will be British Income Tax overpaid, on quoted na application.

terms which may be ascertained, at Atao up to date SAFE DEPOSIT any of the Agencies and Branches. Boxes in various sizes To LET

R. A. CAMIDGE, Hong Kong, 5th June, 1999,

HONGKONG SAVINGS

BANK

Manager.

THE CHASE 'BANK

The Business of the above Bank 18. QUEEN'S ROAD, CENTRAL

is conducted by the HONGKONG

& SHANGHAI BANKING COR-

PORATION. Eules may be obtain-

ed on application.

For the HONGKONG & SHANGHAI AD

BANTING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong, 25th Feb., 1939.

BANK OF EAST ASIA, LIMITED

Authorised Capital......$10,000,000.00

Paid-Up Capital

"Beserve and Undivided

Profita

5,598,800.00

9,883,932.01

Head Office: HONG KONG

No. 10 Des Voeux Road, Central.

Board of Directors:

Bir Bhomson Chow, Chairman

Li Koon Cham, Eate

P. K. Krok. Eaq, Wong Tom Tong Eng. ChanObing Sher, Leq.

Li Lan Bang, Esq.

Wong Chu Bon, Esq. Kan Ying To, Bag. Fang Ping Wah Linq.

Kan Tong Po, Esq., Chief Manager. Li The Fong, Esq., Massque.

Amay

Batavia Bombay

Calestia Haiphong

Haskow Honol

Zobe

Branches and ▲ poncine -:--

Kowloon Pansor slagsporu London Banroos Boulaya

Belpos Melbourne Man Finn Sydney

cisco-Pentin

Mazlla

New York Beattle Purit

Palping

Bemarang Shanghai

Suster

Encouver

HEAD OFFICE:

18, PINE STREET,

"NEW YORK. American Bank offering com- plete Foreign Banking Service a the principal Markets of the world. Interest Rates on Application.

SAFE DEPOSIT BOXES

This Bank is entirely owned by TH CHAST NATIONAL BANI, NEW YORK, with Resources of over U.8.33,900,000,000.

D. M. BIGGAR,

FINANCE

PAYNE & CO.

COMMODITY BROKERS STOCK EXCHANGE BUILDING

HONGKONG

COMMODITY MARKET REVIEW (FROM PAYNE & CO.)

SINGAPORE RUBBER

SPOT

OCT.-DEC.

JAN.-MARCH

Sept. 12 buyers sellers

39-1/2 38-1./2/ 37

New York, September 13.

Sept, 13 buyers sellers

The market was slightly easier to-day.

FRIDAY,

SEPTEMBER 15, 1939. —PAGE !!

LAMMERTS AUCTIONS

PUBLIC AUCTION.

LLOYD TRIESTINO

THE S.S. "GIULIO CESARE"

Will sail for

Genoa, Naples (London-Overland) via Manila, Singapore, Colombo, Bombay and Portsald

38-1/2

37-1/4

change off 1 ch off 1-1/4

16th

35-1/2

off 1-1/2

LONDON RUBBER

SP O T

OCT.-DEC.

JAN.-MARCH

Previous close buyers sellers

10

10-1/4 10

10-1/4 10-1/4 10-3/8 10-1/4 10-3/8 10-3/8 10-5/8

10-1/2 10-5/8

To-day's close

buyers sellers

change

unch unch.

DIT .1/8

Market quiet but steady. COTTON; Prices to-day declined" on liquidation and increased selling pressure, stimulated by Southern hedge and foreign selling. Evidence that the Administration is not contemplating any steps to halt a rise in price is seen in the President's remark that "cotton is still too low."

4

RUBBER: Unencouraging cables from abroad caused a lower opening and prices declined on profit-taking and speculative qulda- tion.

Arm Winnipeg WHEAT: Prices advanced on covering and on advices as well as the news of Presidential approval of higher grain prices. The President has stated that wheat could go at least to 1.16 without hurting consumers.

NEW YORK STOCKS: Previous close, 155.92; To-day's close. 154.10; Change, off 1.82

NEW YORK COMMODITY MARKET (By Courtesy of Messrs, Swan, Culbertson & Fritz and S, E. Levy & Company)

New York Cotton, Oct. New York Rubber, Sept. Chicago Wheat, Sept. Chicago Corn, Sept, Winnipeg Wheat, Oct. New York Hides. Sept. NEW YORK COTTON

October

December

отт

September, 6 p.m.

LLOYD TRIESTINO

Queen's Bldg., Ground Fl.,. Tel. 32982

Tel. Add. "LLOYDIANO" P.Q.B. 143.

Agents, Canton-Messrs. Dodwell & Co., Ltd., Shameen

THE

[HE Undersigned have receive

instructions

to sell by

PUBLIC AUCTION.

TUESDAY, the 19th SEPTEMBER. 1939

Commencing at 10:30 am.

*

At No. 377, The Peak.

A QUANTITY OF VALUABLE HOUSHOLD FURNITURE

Comprising:

Chesterfield Couches and Chairs,

PUBLIC AUCTION, PUBLIC AUCTION. Teak Dining Table, Sideboard,

THE Undersigned have received Undersigned have received

instructiona

to sell by

PUBLIC AUCTION

WEDNESDAY. the 20th SEPTEM-

BER, 1938.

Commencing at 5.15 p.m. «

At their Salea Room, No. 2. Connaught Road, Central, (Room No. 205, 2nd Floor).

A VALUABLE COLLECTION OF POSTAGE STAMP'S

721

Prev: To-day's High Low Close Close Change

0.15 9.29 9.15 9.29

14 of 21.25 20.82 21.50 20.90 60 of 821 .861 621

834 31 up STI 55 55+ 571

721 78+ 14.62 14.28

21 up

751

#up

14.73 14.73

30 off

Close

Opening

Cicsing

Change

9.28/29

9.25/23

9.15/15

.14 off

8.22/22

9.18/16

9.04/06

18 OT

9.17 N

9.12/12

9.01 N

.16 0

9:08/08

9.02/02

8.83/93

May July

8.95,'95

8.89/89

8.76/71

.18 off

+

8.82/84

8.77/77

8.68/66

.18 off

Spot

9.58 N

9.45 N

.13 off

NEW YORK RUBBER September December

23.20/20

March.................................

May

21.50/50 21.00/00 20.14b/201 19.80b/70a 20.08/15 19.85/60

60 off 19.488)503. 70. 01 19.35b/40a

22.00b/45.75 of 20.90/90

Terms: Cash on Delivery,"

.75 off

January March

Total sales for the day:-2,130 tons. CHICAGO WHEAT September December May

15 off

58€

On VIEW from TUESDAY, the 19th SEPTEMBER, 1939.

instructions

to sell by

PUBLIC AUCTION

ON

WEDNESDAY, the 20th SEPTEM- BER. 1939.

Commencing at 10.30 am."

י"

At No. 28. Condult Road.

A QUANTITY OF VALUABLE HOUSEHOLD FURNITURE

and

One "Blue Spot Radio

On VIEW from TUESDAY, the 19th, SEPTEMBER, 1939...

Dining Chairs. Teak Book cases,

Ornaments, Outly Silverware;

Glass Ware, Crockery, Porcelain Ware. Table Lamps. Electric Fit- tings and Linen.

Brass, Iron and Teak Bedsteads, Teak Wardrobes, Chest of Drawers, Card Tables, Desk, Sewing Ma- chine. Electric Heater, Books, Cooking' Stove and Kitchen

Utensils.

also

1 Cine Projector, Volt Meter and

3 Cine Screens

1.G. E. Refrigerator

and

Phillips Radio (new)

5 Tientsin "Carpets

On VIEW from SUNDAY, the 17th SEPTEMBER, 1939.

LAMMERT BROS.

AUCTIONEERS.

Catalogues will be issued.

Terms: Cash on Delivery.

LAMMERT BROS. AUCTIONEERS.

Terms: Cash on Delivery,

"LAMMERT BROS.

AUCTIONEERAUS

811/814

85+/851

821/821

821/89

851/851

83+/831"

841/831

881/861

Tuesday's sales:-21.431.000 bushels.

Second Vice Pru.¡ CHICAGO® CORN

September

December

May

56/58 551/561 551/55 581/58 581/58

578/573 11 571/572 601/602

up

21 up

Write for

2+

up

WINNIPEG WHEAT

October

723/72/

743/741

74b

781/781

MONEY AND

EXCHANGE December

May

NEW YORK COPPER FUTURES

CLOSING QUOTATIONS December

SEPTEMBER 14, 1939

On London:-

Telegraphic Transfer. 1/12/18 Bank Bills, on demand1/9 13/16 Credits 4 months sight 1/3 3/8 On Shanghai:

On demand

Every description of Banking sad on, Singapore:-- Exchange business transacted. Loans granted on approved securities.

On demand On Japan:

Current Accounts opened in Local Currency and Fixed Deposits. re- ceived for one year or shorter On periods in Local and Foreign Cur rencies on terms which will be quoted on application.

SAFE DEPOSIT Boxes To Lat.

KAN TONG PO,

Chief Manager.

BANK OF CHINA

Specially Chartered by THE NATIONAL GOVERNMENT

OP CHINA AS AN INTERNATIONAL EXCHANGE

BANK

PAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER" CHINA)

On demand India — Telegraphic Transfer. and demand

Un New York:-

3:0

2 1/2

1: 5 1/9

83 28

Bank Bills, on demand 24 5/8 Credits, 60 days' sight 96 Un" Batavia :--

On demand

On Parts:

45 1/2

Bank Bills, on demand 1580 Credits 4 months' sight 114′′

|On Saigon)-r

On demand

Un Manila:

July

ווי

11.49/50 11.57b/60a 36 NY Sliver, Official NY-London Cross Rate 4,03 NEW YORK HIDES

14.63/73 December

15.00/09 March NEW YORK STRAITS TIN

December

721/722. 751/751 21 up

999 99985

774/7781) 3 up

812/811

"31

11.30/34 11.50/50

18 '0

11.30b/34a 11:41b/42a .18 off 36-3/8

4,00-1/8

14.40/43 » 14.55/53

14.95/99 14.80/83

30 off 26 of

*56.00b/504 51.25b/81.00a unreceived,

Sterling

done at A small business was 1/2.31/32 for November delivery, The market closed at lunch time with sellers at 1/3 September. 1/2.31/32 October and 1/2.15/16 November/December, buyers at 1/3.1/32 Cazh, 1/3 October and 1/231/32 November.

US. Dollars Quiet Sellern at 25 September, Infyers at 25.1/8 Cash and probably 25.1/18 September.

106 3/4

Shanghai Dollars.

On demand

49 1/4

Nominal;

On Bangkok:-

Shanghai Market,

On demand Sterling Notes:-

-150 1/4

4d.. possible business

Bank Buying Rate

3 1/4

21 8/16

Owing to our numerous 'Branches Bar Bilver per os.....

in China and connections in the

principal Commercial Centres of

די

the World, we are able to extend Market Report 40 our Clients special facilities for Domestic and Foreign Banking and Exchange...

Head Office:--SHANGHAI Hong Kong Branch:

4, QUEEN'S ROAD, C. South China Offices:

FROM ROZA BROS.

Silver prices rose yesterday to the extent of,11/18 for Ready and 5/8 for Forward," the quotations being 21.9/16 and 21.1/2 respec- tively. Bliver advices reported some bear covering. The market was uncertain: American Silver was quoted at 38.3/8 for Spot, We also handle the issue of Bonds The London/New York cross-rate and other Public Funds of the was quoted at 402 New York China Government both at Home London was quoted at 400.1/8. and Abroad.

CANTON SWATOW SHIUCHOW

KONGMOON TOISHIAN

KINGCHOWD

Market SHOU, JACHEN, #51.

Wonder. Steady but quiet

Afternoon Market The market was quiet in the afternoon, finishing with sellers of Sterling at 1/3 September, 12 31/32 October and 1/2,15/18 November/December, buyers 1/8.1/92 Cash, 1/3 October and 1/2.31/32 November.

at

U.S. Dollars Seilers at 25, buyers at 25.1/8 for cash,

Shanghai Dollars Nominal 369%

4d

Shangha; Market

LONDON GOLD

London, Sept 13 (Reuter) Bar Gold Fine per oz 1889

Shanghai Exchange.

Omdial TT. Bates Shanghai, Sept. 14 (Reuter).

London New York Japan...... India *** Paris......

Opening ....... 0/3-1/2

Hongkong

Sterling

5-7/8

14. ... 24-7/8-

19-3/3 2.53 23-1/4

Sellers Opening Closing 0/4.

0/4 0/4

·0/3-20/32 0/3-59/64 U.S. DollarS

Spot

Sept.

0/4

Oct.

Spot

Sept: Oct.

$8-21/32 36-21/32

8-5/8 6-5/8

·6-7/16.

6-3/8

Market:Quiet

Merchant Rate

Sterling, 0/3-15/16, US Dollar, $6-9/16.

Silver Duty Bate

The Central Bank of China's rate on London ́at 10 am, to-day was 1/2-1/2d."

The Equalization rate was 13-1/2 per cent.

New York Exchange

New York, Sept. 13 (Reuter).. TT. on London (Opening Rate),

descriptive leaflets of the

THORNYCROFT

3-TON

'NIPPY' CHASSIS

Aptly named the Nippy, for its quick get-away and high road_performance, this new Thornycroft is available with 10′ 11′′ and 12 6 wheelbase in both normal and forward control types, has extremely economical 60 b.h.p. engine, 7" frame, Lockheed-operated Girling brakes, and space for bodies up to 15′ 10′′ long, amongst its other line features.

THORNYCROFT

Stands for Satisfaction

·FOR FURTHER PARTICULARS

APPLY TO OUR

HONG KONK OFFICE TEL, 32308.

81. George's Bldg., Izi Plost,

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