Last Sale!
OCTOBER 1, 1939
Sept. 30
STOCKS
101
Last sule
Sept, 30
253
01
J. & Laughlin Steel $7 pfd. 80 Kennecott Copper
for
| Allis Chalmers
ས་བབ་ཅ་་
Lakey Foundry & Mac.
37*
Aluminium Ltd
89
Libbey-Owena-Ford
Glass
49
£
*
Amerada Corpe. «............
Lockheed Aircraft
23}
War Loan, 38%
Red
Amer. Can
114
Loew's Inc.
311
after 19521
J8-)
American Cyanamid" B.
331
Manhattan Shirt Co.
Amer. & Foreign Power ....
·2)
Martin, Glen L.
381
Chinese 41% Gold Loan,
Ameri & Foreign #7 pf....
231
McKesson, Robbins
153*
SINGAPORE RUBBER
Chinese 5
1898 (Brit. Issue)......
Cold Bonds.
American Gas & Elec
371
| Monsanto. Chemical
108)
SPOT
Amer. Locomotive
281
Montgomery Ward
541
OCT-DEC.
1925-47
38
Chin. 41% Anglo-French
Amer. Metals Co.
28
Wat. Dairy Products
15%
JAN.-MARCH
Amer. Radiator
101
Nat. Distillers ...
23}
Loan, 1908
Chinese 5 Crisp Loen,
Amer. Rolling Mill
21+
National Gypsum
101
: 1912
21
Amer. S'ting and Rʻing Co.
561
National Load
232
Chinese 5% Reorg. Loan.
Amer. Bugar Rinx
20
Nat Power & Light ...........
19
LONDON RUBBER
PAGE 10-HONGKONG » DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Sept. 29. The following quotations are the middle prices at the close of the market in London. All quotations
are subject to confirmation and no responsibility is assumed errors in transmission.
Canton-K'loor Rly. 5%
40
NEW
·YORK STOCK EXCHANGE
STOCKS
Adams Express ........... Alleghany Steel Co. Allied Stores
QUOTATION
451
491
PAYNE & CO.
COMMODITY
BROKERS
STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
"
TUESDAY, OCTOBER 3, 1939.
BANKS
HONGKONG & SHANGHAI| THE CHARTERED BANK OF
·BANKING CORPORATION
Authorised Capital .............. 850,000,000 |
INDIA, AUSTRALIATM
AND CHINA
Lasued Fully Paid-Up $20,000,000 corporated by Royal Charter, 1353
Paid-Up Capital .....£8,500,000 Reserve Fund
Reserve Funda:
Sterling
...£3,000,000
...£3,000,000
£3,000,000
HEAD OFFICE: LONDON:
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro- Reserve Liability of
prietors...
Proprietors.............$20,000,000 |
Head Office:-HONG KONG,
Board of Directors: Hon. Mr. A. L Shields,
WH Lock, Esq.;
Chairman.
Deputy Chairman.
J. K. Bousfield, Esq., A. H. Compton, Esq.. Hon, Mr. S. H. Dodwall, D. F. Landals, Esq., G. Miskin, Esq.,
38, Bishopsgate E.0.2. Sup-Agencies In London: 117/128, Leadenhall Street, E.C.3. West End Branch;
14/16, Cockapur Street, S.W.{. Manchester Branch: 62, Mosley Street, Manchester, 1.
AGENCIES AND BRANCHES:
HARNIN
ALOR STAR AMRITBAN MANGKOK BATAVIA BOMBAY
PENANG FONGTONd KANGOON ILOILO IPOR KARACHI XLAND
Sept. 29 buyers sellers
New York, September 30.
Sept. 30 buyers sellers
33-7/9
34
33-3/4
32-1/4
33-5/8 32-1/8
change 'up 1/8 off 1/8 off 1/8*
The market was irregular. “
BAIGON'
K. S. Morrison, Esq
SEREMBAN
Previous close
buyers
sellers
To-day's close buyers
Hon. Mr. T. E. Pearce,
SHANGHAL
sellers
change
1913 Lda. Is.)
32
Chinese 8% Ster. Notes,
1925 (Vickers:
Chin. Imperial Rly. 5%
LOBD
Honan Rly. 5
Hukuang Rly. 5%, 1911...
Hakuang Rly. 5%, 1911
German Issue)
Lung Tsing &z. U. Hai Rly.
5% 1013
9 1991
Amer. Tel & Tel.
1817
National Steel Corp.
79
SPOT
9-3/8
9-5/8
H. V. Wilkinson, Esq. Sir Vandeleur M. Grayburn,
CALLIONTA
SINGAPORE
AGENCIES: OB
SITIAWAN
CLIVE STREET
Amer. Tobaccġ “B”
75)
Nat. Supply Corpn.
124
OCT-.DEC.
Amer.. Waterworks
14
New York Central
9-1/2 9-3/4
Closed
Chief Manager. PATRIN PLACE
XUAL
MOURABAYA
22
JAN.-MARCH
9-3/4 -10
341
Anaconda Copper
Niagara Hudson Power
Branches:
71
CANTON CAWNPORE
CEBU
EUXPUB
TAIPING
KUCHING
TIENTSIN
MADHAB
ТОМСКАЯ
Atchison, T. & S. Fe.
33
N. American Aviation ......
211
Market closed.
Amoy
Ipoh
Auburn Motors ...
North American Co........
·221
Baltimore & Ohio
**
Northern Pacific
121
16
Barber Asphalt Co
Owens-Diinois Glass Co.
83+
171
Barnsdail Of
Paciic Gas & Imec.
30
Beridix Aviation
291
Pacific Lighting
451
S'hal-N'king Rly. 5%........
Tientsin-Pukow Rly, 5%
HR
11
Bethlehem Steel
931
Packard Motors
4.
1
12
Bliss & Co.
184
Paramount Pictures
*
Boeing Airplane Co.
zaj
Perinsylvania R.R.
27
(Brit. Stpd.)
11
Borg-Warner
281
Phelps-Dodge
14
Tientsin-Pukow Rly. 5%
Biggs M'factoring
251
Phillips Petroleum
451
(German Stpd.)
11
Tientsin-Pukow Ply. 5ue the
11
11
84
H.K. & S'hai Bank (Lán.
Rex.)
- ; ཏུཤྩ ྋ ས་
Brooklyn-M'hattan
Trans.
121
Pittsburg Coke & Iron
11}*'
Public Service of NJ,
381
B'klyn-M'hattan 36 cum pl.
(Brit. Stpd. Supl. Loan) Tientsin-Pukow Rly. 5% (Cer. Stpd. Supl. Loan) Jap. 5% Ste. Loan, 1907 231 Jap. 5% Ster. Loan, 1924 35
Ger. 7% Intl, Loan, 1924 5
Chartered Bank
Celanese
Chesapeake & Oblo
Chrysler Corpn.
Colts Patent Fire-Arma
51
Pullman Ine.
40
Canadian Pactile R*way,
Pure Oll
104
Case, JI
28.
Radio Corpn. of Am.
+9
451.
Reading Company, Com
211
911
Reading Company, 1st-pfd281
91
Remington Arms Co., Inc.
B
Columbia Gas & E
Republic Steel
27
83
Columbia 6% "A" pt:
Reynold Tobac. "B"
361
|
46
72
Richfield Oil
મ
"
Commercial
H.K. & Shal Bank (Cul.
Commonwealth & 8. (orc)
Safeway Stores
427
Frev. To-day's
Reg.)
TO
64
C'wealth &·8. 6% cum pf.
Schenley Distillers
131
Chinese Eng. & Mining
301
Consolidated Edison
Schenley, 51% pid
65
New York Cotton, Oct.
(bearer)
9
Consolidated Oll
Sears, Roebuck
771
New York Rubber, Dec.
Chosen. Corporation
Continental Can
43
Seversky Aircraft '..
4$
Chicago Wheat, Dec.
Pekin Syndicate
Continental Q!l
Shell Union Oil
143
Chicago Corn, Dec.....
High Low Close Close Change
9.36 9.24 9.24 9.28 19.05 19.40 19.38 19.05 27 up
847
321 837
B41 3 up 511 50 491 51
כט 04,
S'hal Elec. Constr Co..
Corn Products
62
Socony-Vacuum Oil
134
Winnipeg Wheat, Oct.
S'hai Waterworks “A”..
10
7
18
New York Hides, Dẹc.
713 15.20
391 14.75 14.55 15.20
691b 71lb
Curtiss Wright (C.)
Southern Paciac
Union Insurance
19
2511
Curtiss Wright "A"
Southern Rly $5 pfd.
93
NEW YORK COTTON
Close
Opening
Closing
Gula Kalumpong Rubber 15/9
23
481
Deere & Co.
·Sperry
Allled Ironfounders
15/0
Distillers Corpn. Beagrams
141
Asso. & Elec, Industries 31/9
*7t
Spicer Manufacturing Co.
314*
October
9.24/24
9.24/24.
9/23/28
12 up 2. up. 65 up
Change
.40 up
€
December
8.89/90
8.90/91
8.99/9.01
11 up
Douglas Aircraft
Standard Brands
Austin Motors, "ord.
17/8
Du Pont de Nemours
1831
31
January
8.74 N
8.74/14
8,32 N
.08 up
Stand Gas & Elec...
Cable & Wireless, New
Eagle Picher Lead
121
Standard Oil of California
30
March
8.62/62
8.61/61
8.69/73*
..08" up
Form, ord.
44
Eaton Mfg. Co.
271
431
May
8.41/41
8.40/40
8.48/49
08 up
Standard Oil of N.J.
B.-A. Tob. (bearer)
80
Elec, Autolite
391
13
July
8.19/19
8.21/21
B.28/28
,09
up
Mercantile Bank
103
91
Btone & Webster
32
Spot
9,29 N
9.39 N
.10
up
Elec. Bond & Share
Swift International
Cammell Laird, ord,
6/7
Elec. Bond & Share $5 pt.
11
Technicolor
NEW YORK RUBBER
Mexican Eagle
4/6
Elec. Bond & Share $6 pf.
66*
473
Texas Corpn.
Courtaulds
25/9
Elec. Power & Light $7 pf.
34
December
19.36/38
36
19.21b/80a
19.$5/85
.27. up
Texes Gulf Sulphur
March
Distillers
86
18
18.50/50
18,50b/65a 18.60/66
.16 up
Flintkote
Dunlop Rubber
24
35..
Trans-America Co.
Food Machinery Corp.
131
May
18.250/35a
18.30b/50a
18.50/50
.15 up
20th Cent, Fox.
July
18.25 N
18:25 b
18:50 N
Gen. Electric (England)
61/9
Gen. American Trans.
62
25 up
20th Cent. Fox. $13 pf.
Guinness (A) Son & Co., 78/9
413
91
Total sales for the day:-720 tons.
Cen. Electric
Union Carbide & Carbon
Hawker Siddeley Alrc....
12
Gen. "Motors
55)
Union Pacific
105
CHICAGO WHEAT
Bristol Aeroplane
15
Gen. Railway Signa?
244
444
United Aircraft
Imperial Chemical Ind.
27/6
General Tire & Rubber Co 231
United Airlines Trans.
107
December ..................................... 821/82) -
83/831
84+/84)
Imperial Tobacco
105
Glidden Co.
191
3
May
823/820
831/83]
85/84%
up
Marks & Sp'eer "A" ord.
45
23
United Corpn.
Goodrich (B.F.)
United Corpn. #3: cum pf.
351
July
817/812
837/831
21 up
Rolls Royce
83
Goodrich. $5 pl.
United Gas Carpa.
21
Friday's sales:--27,043,000 bushels,
Leyland, Motors
77/8
Goodyear Tire & Co.
291
United Gas Improvement
137
Tate & Lyle
55
Great Northern Iron Ore ...
197
US., Industruni Alcohol-
251
CHICAGO CORN............
Turner & Newall
67/8
Great Northern Riy, pld,
311.
431
December
US. Rubber
494/497
50/50
507/51
up
United Steel
21/-
327
Great Western Bugar ...
US. Rubber $8 pfd.
105]
May
52}/62}
52+/53
537/54
up
Smethwick Drop Forg....
14/6
Greyhound Córpa. "...
171
781
July
U.S. Steel
53+/53+
544/541
Armstrong Stevens, ord.
5/3
Hercules Powder Co.
891
371
Vanadium
WINNIPEG WHEAT
Pressed Steel, com,
13/9
Homestake Mining
511
Warner Bros. Pict.
4
Vickers, ord.
15/6
Industrial Rayon
273
Westinghouse Hec.
1193
October
89 b
69+/691
71 B
2
Woolworths
55
International Harvester
69+
Woodward Iron Cor.
314
December
Anglo-Dutch
23/9
Int. Nickel
384
Chase National Bank
371*
May
711. b 751/751
71771}
73 B
TIŁ/TIŁ
99.9
Rub. Flant, Invest. Trust
26/7)
fnt. Tel & Tel.
53
National City Bank
303*
Burma Corporation........
8/9
Johns Manville
Commonwealth 'Mining...."
NEW YORK COFPER FUTURES December
Marsman Investments... 10/-
July
'-bid.
-ex. div.
Randfontein Estates
32/6
YN Silver. Official
11.22b/27a 11.35b/40a 35
11.25/26 11,40 A
Western Holdings
7/6
NY-London Cross Rate 4.01-3/4
Bub-Nigel con
175
1939
Tanami Gold. Mining..
4ld
High Low Dow Jones Averages,
Anglo-Iranian
57/6
155.92 121.44 30 Industrials
150,18
Burmah
60
35,90 24.14 20 Bil
Shell Trans & Trad
27.07 20.71 20 Utilities 99.22 88.51 40 Bondis
3431 24.83 8P.21
(bearer)......
81/3
60,53 45.59 11 Commodity Index 65.94
•-Nominal
NEW YORK HIDES
December .. March
14.88/90 June
15.20 N
NEW YORK STRAITS TIN
December
14.55/55
14.75/85 15.19/20 15.09/15 15.50/55 15.48/48 15.82/82
65 up
65 up
.62 up
COTTON; After a rather quiet and dull session, the market closed firmer on buying by the Trade, belter mill demand, specula- tive buying and firmness on Wall Street, following "receipt of news from Europe indicating probable rejection" by the Allies of the Russo-German peace feelers.
RUBBER: Prices overnight moved higher on good buying orders, a renewal of speculative interest and better factory demand.
WHEAT: - Absence of rain in the drought sections brought about a good measure of buying and covering and prices advanced on this factor together with better milling demand and the strength of the stock market.
NEW YORK STOCKS: Previous close. 150.18: To-day's close. 152.54; Change up, 2.38.
NEW YORK COMMODITY · MARKET
(By Courtesy of Messrs. Swan, Culbertson & Fritz and S. E. Levy & Company)
11.34b/382 11.4b/51a unquoted 1.02
.11 up .11 up
Chafoo"
Colombo Lyoas
Dairen Malacca
Foochow Manila Haiphong Muar
Hamburg (Johore) Tientsin Bankow Mukden Tokyo Harbin New York Tsingtao Honghew
Yokohama
PEIPING
(Peking)
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT Accounts' opened and FIXED DEPOSITS received for One Year or shorter periods in Lossl 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 obtainable
CURRENT ACCOUNTS opened in application. LOCAL CURRENcy and Fizzò Deposi The Bank's Head Ofon in Loudon received.. for one year or shorter undertakes Executor and Trustee. periods in Local and other Cur-business, and claima" recovery of rencies on terms which will be British Income Tax overpaid, on quoted on application.
terms which may be ascertained at
ALSO up to date Surz DEPOSIT any of the Agencies and Branches. 'Boxes in various sizes To Lar
R. A. CAMIDGE, Hong Kong. 25th September, 1939.
Manager.
HONGKONG SAVINGS
BANK
THE CHASE BANK
,14,` QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
The Business of the above Bank- is conducted by the HONGKONG & SHANGHAI BANKING COR- PORATION. Rules may be "obtain- An ed on application.
For the HONGKONG & SHANGHAI
BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 9th Feb., 1830.
LIMITED
Authorized Capital...........$10,000,000,00
Esserve and Undivided
Head Office:-HONG KONG No. 10 Des Voeux Road, Central,
· Board of Directors:"""
Bir Shonson Chow, Chairma
Li Koon Chan, Esq.
F. K. Kwok, Baque
Li Lan Bang, Eag.. What Chu Hóa, Big Wong Tan Tong, Ex. Kan Ting Po, Esq. Chan Ching Shok, Esq. Fang Ping Web Esq. Kan Tong Po, Esq., Chief Managar. Li The Fong, Esq., Manager.
Bronches and Agencies 20 Kowloon Penang
Wingapara London Bangoon - Bouzabayn
Bakron awsto Mamma, Ban. Iza-' Bydowy
also antal.
Felping ...... Shanghak
Every description of Banking and
Exchange business transacted. Lowas
18, Pine STREST,
NEW YORK. American Bank offering com- plete Foreign Banking Service in the principal Markets of the world.
Interest Rates on Application.
. "SAFE DEPOSIT BOXES
This Bank is entirely owned by THE CHARE NATIONAL BANK, NEW YORK, with Resources of over U.8.$2,900,000,000.
D. M. BIGGAR,
Second Vice Pres
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT
......... OF CHINA AS AN
INTERNATIONAL EXCHANGE
PARABANK”
PAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHITNĄ). 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:
4; QUEEN'S ROAD, C. South China Offices:
granted on approved securities. CANTON Current Accounts opened in Local SWATOW
Currency and Fixed Deposita re |SHTUCHOW
KONGMOON TOISHAN
KINGOHOW
ceived for one year or shorter We also handle the issue of Bonds periods in Local and Foreign Cur
rencies on terms which will be and other Public Funds of the quoted on application.
SAFE DEPOSIT BOXES TO LIT.
KAN TONG PO,
Chinese Government both jat. Hone and Abroad. K
Bangkok
Johore
Batavia
Kobi
Penang Rangoon Saigon
COLOMBO DELHI
MANILA
(Bhuket)
MEDAN
TSINGTAO
HAIPHONG
NEW YORK
TOKOHAMA
Bombay
Kowloon
San
HAMBURG
Calcatta
Kuala
Francisco RANKOW
Canton
Lumpur
Shanghai
London
Singapore
Sourabaya
Sungei
Patani
Swatow
Peiping
Dailo
BANK OF EAST ASIA,
Paid-Up. Capital
. Profits
6,598,600,00
2,883,932.01
Aney
Bataria
Bumbay
up
Euphong
up
Kiskow
New York Beattie
Soniaba Kake
Pan
Kemerangi
48.00b/25a
45.00b/47.50a 46.25 B
unch.
Chief Manager.
SHOU. J. CHEN,
Manager.
MONEY AND
" DOW JONES AVERAGE
EXCHANGE
CLOSING QUOTATIONS (¤n Bangkok:--
OCTOBER 2 1839
On London:--
Telegraphic Transfer. 1/2.13/16 Bank Bills, on demand!/2 13/18 Credits 4 months' sight 1/3 3/8
On Shanghai:---
On demand
320
On Singapore:--
Un demand
...: 52,1/2
On Japan:-
On demand
105 1/2
7.
On India
Telegraphic Transter 82 5/8.
and demand
On New York:-
Bank Bills, on demand 24 3/4 Credits, 60 days' sight 25 5/8
Un Batavia-
45
On demand Sterling Notes:
Bank Buying Rate ... 141/18 Bar Sliver per. oz.
Market Repor
FROM ROZA BROS.
Bliver prices
Oct. 1, 1939.
Sept. 23, High Low Close Changes 182.84 150.82 152.54 2.39 up 35.75 34.6 35.81 1.30 ap 25.17 24.91 26.13 30 up 89.49.29 up 58.77 83.up Bariness Dono:—340,000 shares.
13/16 November, buyers at 263/16 Cash and probably 25 November.
Shanghal Dollars
Shanghai Exchange
Shanghai, Oct, 2 (Reuter)."
Official T.T. Rates
+50_1/4
335,
Shanghal Market
22 1/2
Sellers for Spot at 413/33 and closed with sellers at 4.27/64 for Spot.
London
New York
Japan
#India
Paris Hongkong
'Afternoon Market
were unchanged The market was dull in the
over the week-end for both dell-afternoon. veries, the quotations being 22.1/2 and 22.7/16 respectively.
There
Sterling
The market closed with sellers
were no Sliver advices. American at 1/3 October and 1/2.31/32 |Silver was quoted at 35. -
| November/January, buyers at 1/3 The London/New York crom-rate 1/32 Cash, probably 1/3 November was quoted at 403. New York/ and 1/2.31/32 February. London was quoted at 102.
#
Market
U.B. Dollars
The market closed with sellers
Dull,
at 25,1/8, buyers probably at 25, Sterling There were sellers at 1/3 Octo-3/16 for cash.
and/2.31/32 November/
On demand
On Paris:-
Bank Bills, on demand (085 Credits 4 months”, sight 1:45
ber Januar buyers at 1/31/32 Cash and 1/8 November.
Shanghai Dollars':
330 Nominale
Shanghel Market an
107-1/4
UB, Dollars
Nothing doing.
There
49 1/2
Un Baizon
On demand
On demand
Un Manila:-
Spot
150.
Spot
Oct:
0/8-3/4"
6-1/4
· 26-1/2- 20-7/8 2,75 24-7/8
Bollera Opening Cloning 0/4-13/32 0/4-33/84 0/4-5/160/4-15/12 -U.S... Dollars
$1-3/8 $7-1/18
7/3/18 7-15/32 Market:-Qulet but steady.
Merchant Rate Sterling, 0/4-11/32,
U.S. Dollars, 7-1/4.
Silver Duty Bate
The Central Bank of China's rate on London at 10 am, to-day
Firm Bellers of Sterling at was 1/2-1/21
INDO-CHINA
STEAM NAVIGATION COMPANY LTD
Operating Bervices for Cargo and Passengers
TO
"SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE PENANG and CALCUTTA
SANDAKAN
HAIPHONG
For further.
please apply to
JARDIN
were 41/2 for Spot and US Dollars The Equilisation rate was 21-3/4ILERTONES Okin
sellers at 25.1/8 October and 24. sellers at 7.9/18 for Bpot FIE
| per centig
ESON: CO ERAL
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