STOCKS
Last Sale
Sept 28
SEPT. 29, 433 STOCKS
Last Sala
Adams Express
10
Sept 2
Alleghany Steel Co.'
24
J. & Laughlin Steel ST pid."
80-
Allied. Stores
91
Kennecott Copper
411
Allis Chalmers
441
Lakey Foundry & Mac
Aluminum Ltd alkali.
87
Libbey-Owens-Ford. Glass
471
Amerada Corpe. ***
Lockheed Aircraft
28
After. Can
1124-
Loew's Inc.
ย
American Cyanamid B
331
On demand
Manhattan Shirt Co........
On Singapore:--
Amer. & Foreign Power
21
Martin, Glen L
365
On' demand
Ameri & Foreign $7 pt....
234
McKesson, Robbins
.16**
n Japan
American Gas & Elec
37
Monsanto Chemical
1081
On demand
105 1/2
SINGAPORE ROBBER ·
Amer. Locomotive
271
Montgomery Ward
531
On India
SPOT
Amer. Metals Co.
26
Wat. Dairy Products
151
Telegraphle Transfer.
OCT.-DEC..
Amer. Radiator
101
Nat, Distillers
231
JAN.-MARCH
Amer. Roling Mil
201
National Gypsum
101
On New York:-
Amer. S'ting and R'ing Co.
551
17
National Load
24
Amok Buur Pha
271
Nat Power & Light
Bi
Credits, 60 days' sight 25 3/8
LONDON RUBBER
Art. Tel. & Tel .....
161
National Steel Corp.
791
on Batavia:-
SPOT
Amer. Tobacco "B"
765
Nat Supply Corpn.
124
On 'demand
40
OCT.-DEC.
Amer. Waterworks
231
New York Central
211
Jn Paris:-
JAN.-MARCH
anaconda Copper
331
Niagara Hudson Power
.73.
Atchison, T. & S. Pe.
321
N. American Aviation
201
Credits 4 months' sight 1145
Auburn Motors
31
North American Co.
221
Un Saigon.
- Baltimore &.Oblo
8
Northern Pacific
112
On demand
Barber Asphalt Ca
-157
Owens-Hillmols Glass Co.
63
Un Manila:-
Barnsdall Ol
163
Pacific Gas & Nec.
311
On demand
29
Begudix Aviation
Pacific Lighting
451
On Bangkok:-"
Bethlehem Steel
891
Fackard Motors
On demand
197 1/4
.49 1/2
150 1/4
Bilss & Oo.
18
Paramount Pictures
74.
Sterling Notes:-"
Boging Airplane Co
26!
4
Pennsylvania R.R.
26+
Bank Buying Rate
Börg-Warner
273
Phelps-Dodge
441
Jar Silver per da
1/3 1/2 93
Biggs Mfacturing
242
Phillips Petroleum
45
131
Brooklyn-M'hattan
Trana.
Pittsburg Coke & Iron
117
Market Report
41
8'klyd-M'battan $6 çumi ».
Public Service of NJ.
387
5
Canadian Pacific R'way.
Pullman Inc.
387
67
Case, J.I.....
Pare Ou
10
36
Celanese
Radio Corpn. of Am.
5
Chesapeake & Ohio
H.
Reading Company, Com
21
Chrysler Corpn.
881 Reading Company, 1st pfa
271
93
Colts Patent Fire-Arns
Remington Arms Co., Inc.
61*
71
Columbia Gas & EL
tepublic Steel
261
821*
Columbia 6% "A" pf.
Reynald Tobac. "B"
36
453
Commercial...
Richfeld Ol!!
81
Commonwealth & 8. (ord.)
Sairway Stores
411
65
Cwealth & S. 6. com pf."
Schenley Distillers
13+
30%
Consolidated Edison
Schenley, 54% píd.
81
Consolidated. Oll
Sears Roebuck
78
The London/New York cross-rate was quoted at 402 New York/ London was quoted at 402.3/8.
Continental Can
471
Market
29
Seversky Aircraft.
Continental Oti
63+
Shell Unica Oll
141
Corn Products
71
Socony-Vacuum Oil
131
Sterling
Curtiss Wright (C)
171
Curtiss Wright "A"
2811
Southem Pacifc
23
Southern Rly 35 pfd.
314
Deere & Co.
48
Distillers Corpn. Seagrams
147
Sperry
311
Douglas Alteraft: .....
783
Spicer Manufacturing Co.
61
March
182
Standard Brands
Da Pont de Nemours
13
Stand Gas & Elec.
31..
301
Sellers
271
Standard Oll of California
Eaton Mfg Co.
49
U.S. Dollars at' 25.3/18 for cash, buyers at 25.1/4 for cash.
May
July
Spot
37
Standard Ou of N.J.
C
mes, Autolite
123
Shanghai Dollars
92
Store & Webster
NEW YORK RUBBER
Elec. Bond & Share..
Elec. Bond & Share $5 pf
571
Swift International
321
338.
September
Shanghai Market
Elec. Bond & Share 58 pf.
667
Technicolor
December
473
Elec. Power & Light 57 pt.
intkote
33
Texas Corpn.
March
361
Spot at 4.11/32 and closed
with
177
rexes Gulf Sulphur
sellers at 4.25/64 for Spot.
36*
Trans-America Co.
May July
Food Machinery Corp.
131
Afternoon Market
Gen. American Trans,
501
20th Cent. Fox.
23
The market was
quiet in the
101
20th Cent. Fox. $13 pt.
Gen. Electric.
902
afternoon.
53
Union Carbide & Carbon
Gen. Motors ....
1021
Sterling
December
Gan, Railway Signal
24
[Union Pacific
42
General Tire & Rubber Co
22$
United Arcraft
May July
11
Glidden Co...
181
United Airlines Trans.
31
Goodrich (B.F
23
United Corpn.
2
Goodrich, $5 p
651
United Corpn. $3 cum pf.
351
CHICAGO CORN
Goodyear Tire & Co.
291
United Gas Corpn.
23
December
Great Northern Iron Ore
201
United Gas Improvement
13
May
Great Northern Rly, pfd.
31
US, Industrual Alcohol.
26
July
433
WINNIPEG WHEAT
Great Western Sugar
321
U.S. Rubber.
M.
Greyhound Corpn.
161
US. Rubber $8 pld.
105.
Hercules Powder Co.
911
U.S. Steel
758
Shanghai Dollars
October December
36
334.
Vanadiun
May
Homestake Mining
485
4
Shanghal Market
industrial Rayon.
271
Warner Bros. Plet.
International Harvester
681
Westinghouse Elec.
1171
Steady. 47/18 sellers for Spot.
NEW YORK COFPER FUTURES December
Woodward Iron Cor.
29}
tat. Nickel ......
374
Chase National Bank
371*
Shanghai Exchange
July
NY Silver, Official
"Gt. Tel & Tel.
52
Jobs Manville
77
National City Bank
307*
Shanghai, Sept, 29 (Reuter).
Official T.T. Rates
NY-London Cross Rate 4.02-1/4
NEW YORK HIDES
Opening
*--bid.
¡-ex, div, DOW JONES AVERAGE
December
London
0/3-3/4
March
New York
8-1/8
July
-1839 High Low Dow Jones Averages, 158.92 121.44 30. Industriala
35.90 24.14 90 Balli 87.07 20.71 20. Utilities
91.22 86.51 40 Bonda
Sept. 37, Hi
163 48 35 90 21.28 89.89
Sept. 29, 1939.
Low Close 153.13 150.41 151 12 35.69 34.66 35.01 26.36. 24.93 25.00
Japan
28-1/2
Cnxe
India
1.96 off
Paris
88 of
50.53 45.69 11 Commodity Index 57.50
.10 off 89.48 21 off 56.55 ,05 off
Hongkong
-20~7/8
2.73 24-7/8
NEW YORK STRAITS TIN December
Sellers
Opening
Business Done-1,570,000 shares
Spot
Sept
0/4-5/18 0/4-5/16
Closing 0/4-7/18
Oct.
Spot
Sept.
Oct.
7
7-1/8
→
Calcutta, Sept. 23 (Reuter), T.T. on Japan, 79,
Calcutta Exchange
H. K. STOCK EXCHANGE
The market is both fickle and disappointing. · A-certain amount of
HONGKONG
SHAREBROKERS
ASSOCIATION
Volume Of Business Transacted. on Friday, Sept. 29, 1939,
'50 $30.00
·50 16:30 100
18.00
LONDON GOLD
flirtation has been going on during HK. Lands the week between potential buyers HK Trams. and holders, and although the ap HK, Docks proaches of the former have not been entirely repulsed, prices after- ed have been on such a level only a few takers have been found. The transactions during the week do Hot total an impressive number. nor will they until ideas on both sides become somewhat more re- conciled. The undertone might, perhaps, be described as uncertain with an incline to sveadv.
BUSINESS DONK DURING THE WEMA
Union Ins!, $365 Wharves, $100.
Docks, $17,30
·Hotels, $41,- Lands,-$30.
Watsons $780. · #cort, 4% Loan par.
BUYERS
(HR. Landa, #301. "EK, Tramways. $15:40.
IX. Flectrics, “#49 Cements, $13), Watsons, S
London, Sept. 28 (Reuter). Bar Gold, Fine per oz., 158.
HK. Gort, 4% Loan, 18. HK. Ropes, $3.80.
BALES
H.K. Tramways, $15.40. H.K. Electrics, $50. Cements, $131.
Watsons, $7.30.
PHILIPPINE GOLD MINING QUOTATIONS
Atoks 14, Antamoks 14), Bagulo Gold 14, Batong Bubay 009, Ben- guet Consol. 9.20, Big Wedge 181. Coco Grove 12, Consol. Mines 0035. Demonstrations. 07, IXL 34, Ipo Gold 10, Itogons Mining 16, Mas- bates Consol, 06, Mine Operations 084, North Camarines 15, Paracale Gumaus 131, Ban Mauricio 66, Bayoe Consol, 10), United Paracales 24. Mindanao Motherlode 061
0/4-7/32 0/4-9/32
U.S. Dollars
$1-7/32 $1-7/16
1-7/32
- Market Quiet.
Merchant Rate
Sterling, 0/4-11/32. U.S. Dollars, $7-1/4.
Silver Duty Batë
The Central Bank of China's.
rate on Landon at 10 am, to-day was 1/2-1/2d, unchanged from yes- terday.
The Equalisation rate was 21-3/4
per cent.
SILVER MARKET
LONDON SILVER.
London, Sept. 28 (Reuter), Sliver, Speculative re-sales. Small bear covering, Market quiet. In the afternoon, the market was very quiet, with no business re- ported.
Spot, 23d.
Forward, 22-15/16d.
NEW YORK SILVER New York, Sept. 28 (Reuter), Official Price 35-1/4,
BOMBAY SILVER Bombay, Sept. 28 (Reuter). Market. Quiet but steady on- take 50 bars.
Indian Mint Silver
Ready Oct. 1. Bettlement Nov. 4 Settlemenit
61-06
61-08
New York Exchange
New York Sept. 28 (Reuter); TT. on, London (Opening Rate).. 4.02-1/4.
46.25b/47.50a unch.
LONDON METALS
EXCHANGE London, Sept. 28 (Reuter). sellers
Standard, Cash 229-1/2 230 Standard,
228-1/4
3 months"228
Head Office:-HONG KONG No. 10 Des Voeux Road, Central. Board of Directors:
Bir Bhooson Chow, Chairmass
LI Koon Chim, Esq. Li Lan Bang, Esq. P. K. KOL. Esq. Wong Chu Son, E14. Wong Tan Tong, Esq. Kan Ying Po, Bag. than Ching Shuk, Esq. Fong Ping Wah Esq. Kan Tong Po, Esq., Chief Masage,
Li Tse Fang, Esq., Manager,
Branches and Agencies:-
Kowloon London
Panc Singapor Zangyne Bermys Maula Salyon Swałow Calcutta Kalbourne San Fran- Hydney Haiphong
elson Tian Linckaw
Eobe
Nagraks New York Bestia
Parle Palpla
Bemarang Shanghai
k
BANK OF CHINA
Specially Chartered by
THE NATIONAL GOVERNMENT OF CHINA AS AN. INTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHINA) - Owing to our numerous. Branches in China and connections in the principal, Commercial Centres of the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and Exchange.
Head Office:-SHANGHAI Hong Kong Branch;
Every description of Banking and Exchange business transacted. Loses granted on approved securities
Current Accounts opened in Locs! Currency and Fixed Deposita re ceived for one year or shorter periods in Local and Foreign Car CANTON rencies on terms which will be SWATOW quoted on application.
SHIUCHOW BATE DEPOSIT Boxes To LET
KAN TONG PO,
Chief Manager
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Passengers
TO-...
SWATOW, SHANGHAI, TRINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN HAIPHONG
For further particulars
please apply to
JARDINE MATHESON&Co.,L TELEPHONE SOJIL GENERAL MANAGERS
A
4, QUEEN'S ROAD," C. South China Offices:
KONG MOON TOISHAN KINGCHOW
We also handle the issue of Bondi and cther Public Funds of the Chiness Government both at Home and Abroad:
SHOU I CHEN,
Manager.
THE MERCANTILE BANK "OF INDIA, LIMITED
Head Ofcer-15, Gracechurch Street, London, ECJ
Authorised Cayita!
Submerfbed Capital
Paid.ng Capital
Reserve Fund and Best,
BANKERS:
1,000,000
800,000 £1,060,000
The Bank of England and Midland
Bank, Ltd. · BRANCHES: +
Bangkok Spok ∙Boriter
Colombo..
JANAS
Kuantan
Kandy
Kanchi
Kota Bharu
Hongkong
Koala Lópe
Bownab
Siz TreeRLAN
New York
Fenway
Shanghai
Simla
Kala Lumpur Sagapoce
_ HONG KONG BRANCH: Eyory, desorption, of Banking And · Kzébsa knafem trasacied,
Trevallara | Chegg at lumaed,
TRUSTEE AND EXECUTORSHIP
14: NNDERTAKEN ON
TRAENT 2000USTS Sped. To cal Of riner an::IXED DEPOSITS received in Lo Currency, ERLING » V, 3, IN)LAL-AB25 our terms that may be stained on applistan, T
·D. BENSÖNZAN
PAGE 10-HONGKONG DAILY PRESS
NEW YORK STOCK EXCHANGE
Eagle Picher Lead
QUOTATION
#
MONEY AND
EXCHANGE
CLOSING QUOTATIONS
SEPTEMBER 20, 199
On London
Telegraphic Transfer. 1/2 13/16) Bank Bills, on demand/ 13/18 Credits 4 months' sight 1/3 3/3 On Shanghai:-*
"
350
..59 1/2
and demand......
Bank Bills, on demand 24 3/4
Bank Bills, on demand 1085
FROM ROZA BROS.
Silver prices dropped yesterday to the extent of 1/2 for Ready and 9/16 for Forward, the quota- tions being 23. and 22.15/16, res pectively. Silver advices" reported some Bear covering. Speculators re-sold. The market was quiet. American Silver was quoted at 35. 1/4 for Spot,
Quietly steady.
There were sellers at 1/3 Sep- tember-October and
1/2.31732 January, buyers at 1/31/32 Cash and a small buyer at 1/3 Novem- ber.
Sterling opened with sellers for
No business was reported.
The market closed with sellers at 1/3 September/October, and, 1/231/32 November/January. buyers at 1/3. 1/32 Cash, 1/3 November and 1/2. 31/32 February.
U.S. Dollars
Nothing doing. Sellers at 25. 3/16, buyers at 25.1/4
FINANCE
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
New York, September 28..
8pt. 28
SATURDAY, SEPTEMBER 30, 1939.
BANKS
HONGKONG & SHANGHAI THE CHARTERED ·BANK
BANKING CORPORATION
Authorised Ospital $50,000,000
INDIA, AUSTRALIA "AND" CHINA.
Issued & Fully Paid-Up $20,000,000 Incorporated by Royal Charter, 1858. Keserve Funds:
Paid-Up Capital ........ $3,000,000 £6,500,000 Reserve Fund
Sterling HK. Currancy Reserve $10,000,000 Reserve Liability of Fre Reserve Liability of
Proprietors
prietors
.$90,000,000-
buyers sellers.
change
Head Office:HONG KONG..
33-9/4
up: 1/2
33-3/8
up
31-7/8
1/2 up 3/8
Board of Directors: Hoa. Mr. A. L. Shields,
Previous close
buyers sellers
9-3/8
9-1/2
To-day's close buyers 9-5/8 9-3/8 9-5/8 9-5/8 9-3/4 8-7/8
sellers
change unch.
9-1/2 9-5/8 9-3/4
9-7/8
The market was steady but quiet,
Market quiet
COTTON: After early easiness, prices railled an, good buying and better support following on reports that there would soon be an announcement in connection with the proposed Government loan. Good volume trading, however, falled to eventuate and the appear- ance of the market at the close was somewhat irregular,
RUBBER: After a quiet opening, prices tardily advanced in a dull market on some small factory demand and continued good re- ports from the auto trade.
WHEAT: After a lower opening on weak cables from the for- eign markets, prices went sharply downward on selling and liquida- tion due to peace rumours from Europe and reports of rain in the dry sections: Support, throughout, was poor,
NEW YORK STOCKS: Previous close, 153.08; To-day's close. 151.12 Change of, 196,
NEW YORK COMMODITY
MARKET
(By Courtesy of Messrs. Swan, Culbertson & Fritz and S. E. Levy & Company)
New York Cotton, Oct. New York Rubber, Dec. Chicago Wheat, Dec. Chicago Corn, Dec, .... Winnipeg Wheat. Oct New York Hides, Dec, NEW YORK COTTON October
December
January
Prev. To-day's High Low Close Close Change 9.24 9:15 9.12 9.16 .03 off 1267 19.40 19.53 19.67 .12 up
841 824 85+ 831
50 534 502 21 off 691
71b 691 18 off 14.88
15.15 14.00 .25 of
Total sales for the day:-1,520, tons. CHICAGO WHEAT
קיר 01
.02 p
.09 up
W. H. Lock,, Esq..
Chairman.
Deputy Chairman,
J. K. Bousfield, Esq., A. E. Compton, Esq., Hon. Mr. S. H. Dodwell, D. F. Landale, Esq.,
G. Miskia, Esq.,
K. S. Morrison, Esq...
Hon. Mr. T. E. Pearce, E. V. Wilkinson, Esq.
Sir Vandeleur M. Graybura,
Chief Manager,
Amoy
Branches: Ipoh
Bangkok Batavia Bombay
Jchore
Penang Rangoon
Kobe
Saigon
Kowloon
San
Calcutta Kuala
Francisco
Canton
Chefoo
Colomb
London Lyous
"
... £3,000,000
£3,000,000 HEAD OFFICE: LONDON;
38, Bishopsgate E.C.2 Sub-Agencies In. London: 117/122, Leadenball Street, E.C.3. West End Branch: 14/18, Cockspur Street, S.W.. Manchester Branch: 52, Mosley Street, Manchester, R.
AGENCIES AND BRANCHES:
ALOB STAR. AMRITSAR BANGKOK BATAVIA
BOMBAY
CALCUTTA
HARBLN TONG TON9 ILOILO ІРОН KARACHI KLANG
AGENCIES: KORN.
CLITZ STRET
FAIBLIK PLACE
CANTON
JA WNPORE CEBU COLOMBO DELITY HAIPHONG HAMBURG
HANXOW Lumpur Shaughai
Singapore Sourabaya
Haiphong Muar.
Hamburg
Dairen Malacca Sungei Foochow Manila" Patani
Swatow (Johore). Tientsin Bankow Mukden Tokyo Harbin New York Tsingtao Hongkew Peiping Yokohama Iloilo
CURRENT
ZUALA
LUMPUR.. IUCHING MADRAS MAX ZLA MEDAN NEW YORK PRIPING
(Peking)
PENANG BANGOON
BAIGON
SEREMBAN
SHANDMAI"
SINGAPORK
SITIAWAN
BOURABAYA
TAIPING
TIENTSIK TONDKAS
(Bhuket)
TSINUTAO
YOKOHAMA
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITH received for One Year or shorter periods in Local or Other Ourrencies at rater which will be quoted on application.
SAVINGS ACCOUNT also opened in Local Currency, and "Starling with interest allowed at rates obtainable on application.
ACCOUNTS opened in LOCAL CURRENCY and FIXED- Deposits The Bank's Head Office in London received for one year or shorter undertakes Executor and Trustee perioda in Local and other Our business, and claims recovery of rencies on terms which will be British Income Tax overpaid, on' quoted on ar¬lication.
terms which may be ascertained at Arso up to date SAFE DEPOSIT any of the Agencies and Bramhes. Roxas in various sizes To LET
R. A. CAMIDGE, Hong Kong, 25th September, 1939.
Manager.
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted, by the HONGKONG & SHANGHAI BANKING COB-1 PORATION. Rules may be obtain- ed on application.
For the HONGKONG & SHANGHAI RANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1939.
851/851 843/841 854/851 851/85 85/85
831/831 831/831" 89/83.
off
BANK OF EAST ASIA, LIMITED
Wednesday's sales:-14.217,000 bushels.
Authorised Capital: $10,000,000.00 Paid-Up Capital
6,598,800,00
|
THE CHASE BANK
18, QUEEN'S BOAD, CENTRAL
HEAD OFFICE:
18, PINE STREIT, An American Bank offering com- NEW YORK: plete Foreign Banking Bervice in the principal Markets of the world.
+
Interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by THE CHASE NATIONAL BANK, NEW YORK, with Resources of over U.S.$1,900,000,000.
D. M. BIGGAR
Sacond Pice "Prea
Sep; *
buyers sellers
33-1/4
32-7/8
31-1/2
52
711
15.15
Close 9.19/19
Opening
Closing
Change
9.16/15
· 9,16/18
.03 off
8.83/83
8.80/81
8.87/88
05 up
8,68 N
8.66/66
8.69 N
01 up
&.59/59
8.57/57
8,59/60
8.38/38
8.35/36
8.37/40
8.19/19
8.17/17
8.18/18
.01 off
9.18 N
"
9.27 N
19.97/97
deleted
deleted
19.55/55
19.30/60
18.75/60
18.90/87
19.66/87 18.82b/88a
12 op ".03 up
18.85/65
18.82b/65a
18.65b/13a
18.85 N 18.50b/65a
18.65 N
.08. up
urch.
531/531 52/501 56/56
1/531
581/587
7146 731/731 777/777
711/71 73 b
11.16b/18a 11.286/29a 37-1/4
11,09b/15a 11.25b/31a
501/501 531/534 541/54/ 21
691/891 17 714/711 14 off 761/781 14
11.27/27 11.38b/43a
21 of 21 off
of
Reserve and Undivided
Profits
2,883,03201
ཝཙྪཐཱ ཝུཏྟཾ
off
..
off
.09 up
.14 up
35-1/4 4.02-3/8
15.15/15
15.47/48
15.76 N
14.99/15.00 14.88/90 15.35/34 15.20/23 15.65/65 15.53/53
25
of 25 off 22 of
Amos
Sacavia
47,00b/50x
41.00b
:
buyers £ TIN
Page 10Page 11