PAGE 10-HONGKONG DAILY PRESS

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital. $50,000,000

INDIA, AUSTRALIA,

AND CHINA

ܐ܂

Jasued & Fully Paid-Up $20,000,000 corporated by Royal Charter, 1851

Kesarve Funds:

Sterling

Paid-Up Capital

£3,000,000 £6,500,000 Reserva Fund............ *

... £3,000,000 H.E. Currency Reserve $10,000,000 Reserve Lisbility of Fro- Reserve Liability of

prictors

...£3,000,000 HEAD OFFICE; LONDON: 38, Bishopsgate. E.0.2. Sun-Agencies" In London;

Proprietors

$90,000,000

Head Office:-HONG KONG

117/192, Leadenhall Street, E. 0.3 West End Branch: 14/18, Cockspur Street, S.W.1. Manchester Branch: 59, Mosley Street, Manchester, 2.

AGENCIES AND BRANCHES:

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND

EXCHANGE

CLOSING QUOTATIONS

OCTOBER 4, 1939

On London:--

NEW YORK STOCK EXCHANGE

QUOTATION

Last Sale

Oct. 3.

91.

Telegraphic Transfer. 1/1⁄2 1346 Bank Bilis, on demand 1/2-13/18 Alleghany Steal Co....... 941 Credits 4 months' sight 1/3 3,8

On Shanghai:-

Un New York:-

Bank Bills, on demand 24 13/18 Credits, 60 days' sight 25 11/te

Board of Directors: Hon. Mr. A. L. Shields,"

Chairman. W. H. Lock, Esq..

Deputy Chairman,

1K

J. K. Bousfield, Esq.,

A. H. Compton, Esq.,

Hon. Mr. S. B. Dodwell,

ALOR STAR AMRITSAR

BANGKOK

BATAVIA

BOMBAY

HAHBIN PENANG HONG KONG BANGOON ILOILO 1PON KARACHI

:

BAIGON

CALOUTTA KLANG AGENCIES: KOM. JUALA

SEREMBAN SHANGHAI SINGAPORE SITIAWAN

COURABAYA TAIPING TIENTSIN TONGKAR

On Parks:

D. F. Landale, Esq.."

G. Miskin, Esq..

K. 9. Morrison. Esq..

Hon. Mr. T. E. Pearce,

EI. V. Wilkinson, Esy-

Si Vandeleur M. Grayburn,

Chief Manager. FAIRLIN PLACE

CANTON

CAWSPORE

CRBC COLOMBO DELFI HAIPHONG

- Branches:

Amoy Ipah

Bangkok Johore

l'enang Rangoon

Batavia

Kobe" "Saigon

Bombay

Kowloon

San

Calcutta Kuala

Francisco

HAMBURG HANKOW

Canton

Lumpur Shanghai

Chefno

Londo

Singapore.

Colombo Lyan Sourabaya Dairen Malace. Sungei

Foochow Manila

Haiphone Muar

Patani Swatow

Hamburg (Johor)

Tientsin

Tsingtao Yokohams

Bankow Mukilen Takyo Hachin New York Hongkew. Peiping Iloilo

LUMPUR

IUCHING MADRAS ... MANILA

MEDAN

NEW YORK

PRIPING

(Peking)

(Bhuket)

TRINGTAO YOKOHAMA

FOREIGN EXCHANGE and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITH received for Que Year or shorter periods in Local or Other Currencies at rates which will be quated on application.

SAVINGS ACCOUNTS also opened in Local Currency and Starling with interest allowed at rates obtainable CURRENT ACCOUNT opened in on application. LOCAL CURRENCY and. Fixen DEPOSITS The Bank's Head Office in London received for one year or shorter undertakes Executor and Trustee periods in Local and other Cur-business, and claims recovery of rencies on terms which will be British Income Tax overpaid, on quoted on application.

terms which may be ascertained at Atso up to date Sure DerOSIT any of the Agencies and Branches Boxes in various sizes To Ler

R. A. CAMIDGE, Hong Kong, 25th September, 1939.

Manager.

HONGKONG SAVINGS

BANK

The Basin ss of the above "Bank is conducted by the HONGKONG & BHANGHAI BANKING COR- PORATION. Rules may be obtain ed on application:

For the HONGKONG & SHANGHAI BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong, 95th Feb., 1939.

BANK OF EAST ASIA. LIMITED

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

Paid-Up Capital

Reserve and Undivided

Profits

Jn Batavia :----

On demand

*

Bank Billa, on demand 1083. Credits 4 months' sight 1145

Un Saigon ----

On demand

Un Manila:—

On demand On Bangkok:- On demand Sterling Notes:-

Bank Buying Rate Bar Silver per oz.

Market Repor

Amer, Metals Co. Amer. "Radiator .... Amer. Rolling Mili

FROM ROZA BROS. Silver prices rose yesterday to Canadian Pacific Rway. the extent of 3/8 for Ready and Case. JI. 7/16 for Forward, the quotations Celanese being 21.5/8 and 217/18 respec- Chesapeake & Ohio tively.

Silver advices reported Chrysler Corpn. India

as having bought and Colts Patent Fire-Arms

The Columbia Gas & El. Speculators as having sold.

quiet but steady. Columbia. 6% "A" pt. American Silver was quoted at Commercial "..

Commonwealth & 8. (ord.) 35.1/8 for Spot,

C'wealth & S. 6% cum pt. Consolidated Edison Consolidated Oli

market

Was

The London/New York cross-rate was quoted at 402. New York 'London was quoted at 403.1/8.

114

82

THURSDAY, OCTOBER 5, 1939.

OCT. 4, 1939 STOCKS

OUTWARD:

Last Sale Oct. 3

J. & Laughlin steel $7 pfd. 79 Kenhecott Cupper

114*

STOCKS

Adams ExpreNG

Allied Stores

D

403

Allis naimata.

44

Laky Foradry bị biến.

37

Aluminium Ltd

88

| Libbey-Owens-Ford Glass 474

M

On demand

300

Amerada, Corpe

Lockheed Aircraft

20

On Singapore:---

On demand

51 1/1.

Amer. Can

Loew's Inc. ...

321

American Cyanamid B

.33

Manhattan Shirt Co.

On Japan:-

On demand

11.5 1/2

Amer. & Foreign Power

21

Martin. Glen L

38

On India:

Ameri & Foreign #7 pf.... American Gas & Elec

23:

McKesson, Robbins

37

Telegraphic Transter. and demand

Monsanto Chemical

108

88 3 Amer. Locomotive ..........

27

Montgomery Ward

532

261

Hat, Dairy Products

15%

10

Nat. Distillers

234

201

National Gypsum

101

40 18

Amer. S'ting and R'ing Co. | Amer. Sugar Ring

55

National Load

251

Nat. Power & Light

84

Amer. Tel. & Tel. Amer. Tobacco “B” Amer. Waterworks Anaconda Copper

1801

National Steel Corp.

77

761

Nat Supply Corpn...

118

13

New York Central

21+

93

Niagara Hudson Power

107 1 Atchison, T. & 8. Fe.

Auburn Motors...

311

«N. American Aviation

201

North American Co, mater

224

49 5/8

Baltimore & Ohio Barber Asphalt Ci 150 1/4 Barnsdall Ol

76

Northern Pacific

114

15

Owens-Illinois Glass Co.

634

161

Pacific Gas & Elec

30.

·Bendix - Aviation?

281

Pacific Lighting

+452

... 1/4 1/8 21 5/8

Bethlehem Steel

881

Packard Motors

+

Bliss & Co.

174

Paramount Pictures

Boeing Airplane Co.

201

Pennsylvania R.R.

Borg-Warner

Phelps-Dodge

Biggs M'facturing

Phillips Petroleum

454

Brooklyn-M'hattan Trans.

Pittsburg Cokë & Dron

B'klyn-M'hattan 58 cum pi.

Public Service of N..

384

62

Fullman Inc.

182-

85

Pure Of

92

261

Radio Corpo. of Aor"

43

Reading Company, Com

201

89

'Reading Company, lat pfd.

27

Remington Arms Co., Inc.

Th

Republic Steel

831*

Reynold Tobae. "8""

355

45

Richfield ON

8

1

Safeway Stores

414

631

Schenley Distillers.

13

30

Schenley, 51% pid.

Sears Roebuck

481

Continental Car

Seversky Aircraft

29

14

Continental Oil

Shell Unton Ou

621

14

Corn Products

T

Socony-Vacuum Ou

17

Curtiss Weight (C.), Curtiss Wright "A"

Southern Pacific....

264

311

24

Southern Rly $5 pid.

478

Sperry

BILL VARYA

294+

751

Spicer Manufacturing · Co.

1804

Standard Brands

3

Stand Gas & Elec,

12

201

Standard Of of California

U.S. Dollar

431

Business was done at 25.1/4 for Elec, Autolita October delivery. There were sell-Elec. Bond & Share

301

Standard Oil of NJ.

121

Stone & Webster

311

"y"

Shanghai' Dollars

ers at 25.1/4 for Cash and 25.3/18 Bec. Bond & Share $5 pt. October, buyers at 25.5/16 for Elec. Bond & Share $$ pt. Cash.

Mec. Power & Light $7 pt. |Fintkote N TUYẾT

53

Swift International

67

Technicolor. ...........................

40

32

Texas Corpo.

352

173

Fexes Gulf Sulphur

4

337

Trans-America Co.

Food Machinery Corp.

13

60

20th Cent. FOR......

23

sot

20th Cent: Fox, $1j pt.

D. M. BIGGAB,

Second Fice Frex

were Gen. Electric..

893

537

Union Carbide & Carbon

Gen. Motors

23

Union Pacita

1031

Shanghai Market

Gen. Railway Simal ... Opened at 411/18. Towards the General Tire & Rubber Co close the market eased off to 43/8 Gudden Co. for 'Spot.

223

United Aircraft

42*

181

United Airlines Trans, .....

101

United Corpn.

21

Goodrich (BF) Goodrich $5 pí........

221

04

United Corpn.: 33 cum pí,

35

'261

United Gas Corpn.

Goodyear Tire & Co.

Great Northern Iron Ore.

19

United Gas Improvement 13#

Great Northern Rly. pfd.

31

U.S., Industrual Alcohol,

317

UB. Rubber ...........

Great Western Bugar

∙161

US. Rubber $8 pid.

105+

Greyhound Corpn.

US, Sleet

751

Hercules Powder Co. Homestake Mining

Vanadium......

36

52

Warner Bros. Pict:

4

Opening Industrial Rayon

Westinghouse Kec.

117

London

International Harvester

661

Woodward Iron Cor.

30

New York

8-11/16 Int. Nickel

88

of

Japan

20-1/2

India

22-1/4

Trt. Tel. & Tel Johns Manville

51

Chase National Bank National City Bank

381*.

30**

761

Paris Hongkong

2.93

28-5/8

"t-ex, div.

Sellers

Opening Closing

Spot Oct

04-11/16 0/4-1/2

High

Nov.

Spot

Oct.

Nov.

THE CHASE BANK

15, QUEEN'S ROAD, CENTRAL

SHEAD OFFICE:

18, PINE STREET,

NEW YORK. An 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 THI CHABE NATIONAL BANK, NEW YORK, with Resources of or U.S.$2,900,000,000.

5,598,800,00

2.833.932.01

BANK OF CHINA

Head Office:-HONG KONG

No. 10 Des Voeux Road, Central.

Board of Directoṛa:

Sir Shouson Chow, Chairmae

Li Koon Chun, Esq.

P. E. Kwok. Eaq.

Wong Tun Tong, Esq. Chan Ching Shot, E.

Li Lan Sang, Era

i

Wong Chu Son, Esq. Kan Ying Po, Esq. Fang Ping Wah Esq

Kan Tong Po, Esq., Chial Manager. Li Tse Fong, Esq., Mabiger.

Branches and £gancut-

Kowloon Penan

London

3630/20

Bangood

Singapor

douradayı Bestow

Sadgna Malbaarhe Bag Fra Sydney Nagrandes

clad loat How York Sestris Vancou Parle

Kobanen Peping

SE:BATAR Shanghai

Every description of Banking and Exchange business transacted. Loans granted on approved securities.

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 Chins and connections in the principal Commercial Centres

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

Head Office:SHANGHAI Hong Kong Branch:

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

CANTON

Current Accounts opened in Local SWATOW" Currency and Fixed Deposits, SHIUCHOW ceived for one year or

aborter

KONGMOON TOISHAN

KINGCHOW

periods in Local and Foreign Cur

We also handle the issue of Bonda rencies on terms which will be and other Public Funds of the

quoted on application.

SAFE DEPOSIT BOXES TO LIT.

KAN TONG PO,

Chief Manager.

Chinese Government both at Home and Abroad.

SHOU J. CHEN,

Quiet.

Market

Sterling

There were sellers at 1/3 Octo-Deere & Co.

.

ber/November and 1/2.31/32 De-Distillers Corpn. Seagrams 144 cember/January, buyers at 1/3.1/31 Douglas Aircraft, ......................... Cash and 1/3 December.

Du Pont de Nemours.......

Eagle Picher Brad

Eaton Mfg. Co.

Opened at 312 this morning. Gen. American Trans. Towards the close sellers quoted at 135.

Shanghai Exchange

Shanghai, Oct. (Reuter),

Official T.T. Rates

0/4

34 85 25.05

LLOYD TRIESTINO

Regular Fortnightly Service

for Shanghai.

HOMEWARD: for Genoa, Naples (London Overland), viá Manila,

Singapore, Colombo, Bombay and Portsald

For further particulars apply to:

LLOYD

TRIESTINO

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

31

Tel. Add. "LLOYDIANO" P.O.B. 143. Agents, Canton-Messrs. Dodwell & Co., Ltd., Shameen.

MAERSK

LINE

Fortnightly Express Sailings

KEELUNG. SHANGHAI and JAPAN

LOS ANGELES, PANAMA. NEW YORK, BOSTON, PHILADELPHIA, BALTIMORE,

NORFOLK & SAVANNAH

Through Ba/L are issued to Central and South America, Gulf and Caribbean Sea Forts and West African Ports.

EXUELLENT ACCOMMODATION FOR PASSENGERA AT MODERATE RATES.

For Freight and fassage please apply

JEBSEN & CO.

Canton Shameen, B.C. Agents

Tel: 10918.

Hong Kong, Podder Building.

Tel. 31205-6."

CHINA

THE PERFECT HOLIDAY

A PARADISE' CRUISE

TO BALI & JAVA, Roundtrip in 30 days SPECIAL EXCURSIÓN FARES

ON APPLICATION

SAILINGS

To BALL & JAVA YIA MANILA:-

Every Three Weeks

TO BATAVIA DIRECT

Every Three Weeks

AMOY & SHANGHAI Weekly & Fortnightly Alternate

For particulars apply:--- "JAVE-CHINA-JAPAN LIEN · N.V HONGKONG--AMOY—SWATOW--CANTON

· Macão Ágent

H. NOLASCO DA SILVA.

0/4-11/16 0/4-1/2 0/4-19/32 0/4-13/32"

U.S. Dollar":

$7-7/8 $7-17/32 7-27/32 7-17/32 7-21/32 7-11/32

Market:-Erratic.

Merchant Rate

Sterling, "0/4-1/2.

Manager.

US Dollars, 37-1/3,

• Siver Duty Rate

POULTRY, FULL

SILVER MARKET

AND RICE FOR

HONGKONG

LONDON SILVER London, Oct, 3 (Retter), Sliver India bought. Specula-

KWANGCHOUWAN, Oct. 4 (Intl) tors sold. Offerings small, Market -Poultry, fuel and rice

The Central Bank of China's

1939

DOW JONES AVERAGE -..

Low Dow Jose Averages, 155.92 121.44 · 10 · Industrial

35.90 24.14 90 Baïla ((27.07), 20.71 '90 Utilines

92 22 88.51 40 Bonds

Oot. 41939.

Oct. 3, High Low Close Uha:149 151.41-152.20:149.39 150.23 1.18 of 36200 34.06 34.35 60 off.

189.44

80.53 45.59 11. Commodity Index 56.18

Anglo-Latvian Trade

~25.35 2482 26.00 .05 off

*** 89.28 10 off

54.97 1.15 off.

MODERN

Business Done:-1,000,000 shares LIJN EXPRESS SERVICE

INDO-CHINA

rate on London at 10 am, to-day LONDON, Och 4 (Beuter) STEAM NAVIGATION COMPANY LTD

was 1/2-1/2d, unchanged yesterday.

cent.

from

Mr. Oliver Stanley, President

of the Board of Trade," "an÷ The Equalisation rate was 14 per nounced in the House of Com- mons yesterday that his de- partment... was making H- rangements for certain pur- chases in this country by Ru- mania and for British pur- chases of Humanian wheat. also in touch with the Latvian Mr. Stanley said, that they were

Government on the subject of Anglo-Latvian trade, which, "at" present, was interrupted in the Baltic..

New York, Oct. 1 (Reuter), TT. on London (Opening Rate) 4.01-3/4.

were quietly steady. In the afternoon, New York Exchange shipped from here In large the market was quietly steady with quantities by steamers to Hong buyers satisfied. kong in view of the good demand and high prices there. Exporters declare that their prices have not risen despite the increase at the other end owing to profiteering.

Heavy shipments at rice passed through here from Indo-China and Bangkok for Hongkong, where "prices are wild to be still high.

LONDON GOLD

London, Oct. 3 (Reuter). Ear Gold, Fine per oz., 188.

Spot, 31-5/8d.

Forward, 21-7/16d.

NEW YORK SILVER New York, Oct. 3. (Reuter). Official Price, 35-1/8.

BOMBAY SILVER Bombay, Oct. 3 (Reuter)..

| Market— Quiet. Offtake 100 DATE

Indian Mint Suver

Ready

Nov. 4 Settlement

Calcutta Exchange

Calcutta, Oct. 2 (Reuter), TT on Japan, 79,

India Rupee Paper

58-04 58-08

Bombay, Oct. 1 (Reuter), Govt. 344 Rupee, 83-0-0,

He said that there would be some delay in the issue of export licences owing to the immense work which his department was |subjected.

He could not promise any im. mediate issue of licences as cET= tain goods might be wanted in this country.

Operating Services for Cargo and Passengers

TO-

SWATOW, SHANGHAL, TSINGTAU, CHEFOO

and" TIENTSIN

KOBE and OSAKA

SINGAPORE PENANG and CALCUTTA SANDAKAN HAIPHONG

For farther particul

please apply to

ARDINE

TELEPHONESTORILZGENERAL. NAGERS

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