PAGE 10-HONGKONG DAILY PRESS.
FINANCE
FOREIGN MARKETS & QUOTATIONS
NEW
STOCKS
Adams Expresswa
YORK STOCK EXCHANGE
QUOTATION
FROT
MONEY AND
EXCHANGE
CLOSING QUOTATIONS
OCTOBER 11, 1939
On. London:-
Telegraphic Transfer.: 1/4 13/16 Bank Bills, on demand/ 13/10 Credits 4 months' sight 1,3 3/5 On Ahanghai-
Telegraphic Transier. 189 1/4
Bank Bills, oh demand 94 7/8 Credits, 60 days' sight 95 3/4
FROM ROZA BROS.
Silver prices were unchanged over the holiday, the quotations remaining at 22.1/2 for Ready and 221/4 for Forward. Silver advices There reported a small business. Was a little general" selling. The market was quiet. American, Sil- ver was quoted at 35.178 for Spot.
The London/New York cross-rate was quoted at 402, New York/ London was quoted at 403.5/B.
Markęs
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING HONGKONG
The market was steady."
COTTON: After a rather quiet and dull session the market closed frmer on buying by the Trade, better mill demand, specula- tive buying and firmness on Wall Street, following" receipt of news from Europe indicating rejection by the Allies of the German peace feelers.
RUBBER: The rally was due to combined Commission House buying, and short-covering. The outside market was strong for the first time for two weeks. The London market closed steady. A moderate amount of factory buying was in evidence.
V
WHEAT: While trading interest is dull, prices firmed up signi- ficantly, refecting better advices from the Argentine, and reports of "" firmness on the Winnipeg market. The prospect of prolonged hostili- ties is also a factor to intensify the demand and raise prices appre 'clably.""
NEW YORK STOCKS: Previous close, 149.89; To-day's close. 150.86; "Change, up 77.
NEW YORK COMMODITY MARKET
(By Courtesy of Messrs, Swan, Culbertson & Fritz and S. E. Levy & Company)
11
THURSDAY, OCTOBER 12, 1939.
BANKS
ایه
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
"Authorised Capital. $50,000,000
INDIA, AUSTRALIA,^«'
"AND CHINA
loaued & Pully Paid-Up $20,000,000 Incorporated by Royal Charter, 1853
Paid-Up Capital £6,500,000 Reserve Fund
£3,000,000 ..£3,000,000
Reserve. Fanda
Sterling H.K. Currency Reserve $10,000,000 Reserve Liability of Pro- Reserve Liability of
prietors
...£3,000,000 Proprietors
HEAD OFFICE: LONDON:
Board of Directora:
Chairman.
Deputy Chairman.
J. K. Botafield, Esq., AH, Compton, Esq., Hon. Mr. S. H. Dodwell, D: F. Landaleo, Esq., G. Miskin, Esq.,
K. 8. Morrison, Esq.,
Hon. Mr. T. E. Pearce, H. V. Wilkinson, Esq. Sir Vandeleur M. Grayburn,
Chief Manager.
Branches: 1poh
Penang Rangoon Saigon
Bombay Kowloon San
Anicy.
Bangkok Johore
Batavia Kobe
Caloutta. Kusla
"Canton
Chefoo
Colombo
Dairen
38, Bishopsgata E.0.2 Sun-Agencies In London: 117/192, Leadenhall Street, E.0.3 "West End Branch: 14/18, Cockspur Street, S.W.1. Manchester Branch: 52, Mosley Street, Manchester, 2.
AGENCIES' AND BRANCHES :
ALOR STAR HARBIN
PERTANG AMRITBAR HONG KONG BANGDON BANGKOK ILOILO BATAVIA IPOR BOMBAY
KAKAOHY KLANG
CALCUTTA
KUALA
LUMPER
AGENCIES: XOR CLAVE BLEEK FAIRLIN PLACE CANTON CAWNPORE
KURTU Y
COLOMBO
DELEN
HAIPHONG HAMBURG
Francisco HANKOW
Lumpur Shanghai London Singapore Lyons Sourabaya Malacca Sungei
Foochow Manila
A
Patani Swator
Haiphong Muar Hamburg (Johore) Tientsin Rankow Mukden. Tokyo Harbin New York Tsingtao Hongke Peiping Yokohama Iloilo
ሮ
KUCHING
MADRAS
MANILA
MEZIAN
NAIGON
KREEMBAN
SHANGHAI
SINGAPORE
** SITIAWAN
BOURJAYA
TAIPING
TIENTIN TONGKAR
(Bhuket)
TRINUTAO
NEW YORK TOKOHAMA ΜΕΤΡΙΚΟ
(Peking):
FOREIGN EXCHANGI and General.
Banking Business transacted.
CURRENT ACCOUNTS, opened and FIXED DEPOSITS received for One Year or shorter periods in Local or Other Currencien at raten which will be quoted on application.
SAVINGS "ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates obtainable on application."
CURRENT ACCOUNT opened in LOCAL CURRENCY and FIXED Deponita 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 an terms which will be British Income Tax overpaid, on terms which may be ascertained at quoted on application.
any of the Agencies and Branches.
R: A. CAMIDGE,
"Manager:
Atso up to date. Sarz DEPOSIT Boxes in various sizes To Lat Hong Kong, 25th September, 1939.
HONGKONG SAVINGS
Last Sale
OCT. 11, 1939
Oct. 10
STOCKS
93
Last Sale
Oct. 10
Alleghany Steal Co.
34
4.66 Laughlin Steel $7 pfd. 76
Allied Stores
Kennycott Copper
301
$20,000,000
Alls Chalmers
43
Lakay Foundry & Mad.........
1.
Head Office:-HONG KONG
Aluminium Ltd
96
14
Libbey-Owens-Ford
GlassTM
501
*
Alterada. Corps.
Lockheed Aircraft
Amer. Can
113
Loew's Inc.
347
On demand
.315
COMMODITY MARKET
REVIEW
American Cyanamid B
33
Manhattan Shirt Colo
Amer. & Foreign Power
21
Martin, Glen L
35
n Singapore:-
Un demand
.39 1/8
(FROM PAYNE & CO.)
Ameri & Foreign $7 pf....
26
McKesson, Robbins
154*
Hon. Mr. A. L. Shields,'
W. H. Lock, Esq.,
On Japan:-
American Gas & Elec
341
Monsanto Chemical
On demand.
+ 5 1/9
Amer. Locomotive
26
Montgomery Ward
541
On India:-
Amer. Metals Co.
20
Est. Dairy Products
14
...
Amer. Radiator
101
Nat Distillers
231
and demand
Amer. Rolling Mil
201
National Gypsum
101
Jn New York:-
Amer. B'ting and R'ing Co.
542
National Load
22
SINGAPORE RUBBER
SPOT JAN-MARCH 1......... APRIL-JUNE
October 9 buyers sellers
33-1/4
31-3/4
31-1/4
Amer. Sugar R*mg
241
Nat. Power & Ligh
New York, October 10.
October 10 buyers sellers
-33-1/4 31-3/4 31-3/4
change unch.
81
Amer. Tel. & Tel
162
National Steel Corp.
Un Batavia :-
Amer. Tobacco “3"
791
Nat. Supply Corpa.
11)
On demand
46 1/2
Aber. Waterworks ......
131
New York Central
21
On Paris:--`
Anaconda Copper
331
Niagara Hudson Power
71
Atchison, T. & 8. Fr.
311
N. American Aviation
201
Bank Billa, on demand (985 Credits 4 months" sight 1145
Auburn Motors ...
3
North American Co.
221
Un Balgon
Baltimore & Ohio
Northern Pacine
11
On demand
107. 2
Barber Asphalt Co
171
Owens-Illinois Glass Co.
63-1
Un Manila:—
Barnsdall Ol
161
Pacino Gas
Elec.
291
On demand
49 3/4"
Bendix Aviation
281
| Pacific Lighting
45
Un Bangkok
!
Bethlehem Steel
881
Packard Motors
4
On demand
150 L/4
Bliss & Co.
161
Paramount Pictures
01
| Sterling Notes:--
Boeing Airplane Co.
28
Pennsylvania R.R..
25
Bank Buying Rate
1/4
Borg-Wamer
271
Phelps-Dodge
431
Bar Stiver per of
22:1/2
Biggs Mfacturing
241
Phillips Petroleum
45%
Brooklyn-M'hattan Trans.
111
Pittsburg Coke & Iron
10*
B'klyn-M'hattan $8 cum pl.
411.
Public Service of NJ.
382
Market Repon
Canadian Pacific R'way....
51
Pullman Inc.
371
Case, J.I.
82
Pure Ol
10
Celanese
251
Radio Corpn. of Am. ........
51
Chesapeake & Ohio
43
Reading Company, Com:
2021
"Chrysler Corpo
911
Reading Company, 1st pid
28}
Colts Patent Fire-Arms
36
Remington Arms Co., Inc.
5+*
Columbia Gas & El
" 71
Republic Steel
261
Columbia 8% “A” pf.
83
Reynold-Tobac. ""
.. 361
40
Richfield OL
8
Commercial
Commonwealth & 8. (ord.)
11
Safeway Stores
43
Cwealth & 86% cum pt.
87!
Schenley Dilter
12)
Consolidated Edison
30
Schenley, 51% pid
Cansolidated O
મ
Sears Roebuck
781
Continental Can
481
Severity Aircraft
5
Continental Oil
235
Shell Union 011
141
Corn Producta ...
32
Secony-Vacuura Ò
131
Curtiss Wright "(C.)
61
Southern Pactic....
176
Curtiss-Wright "A"
201
Bouthern Rly $5 pfd.
312
24
471
Deere & Co.
Sperry
Distillers Corpn. Beagrams
14
Spicer Manufacturing Co.
Douglas Aircraft
751
Standard Branda"
6+
Du Pont de Nemours
179
Stand Gas & Elec.
3
Eagle Picher Lead
12
Standard Oil of Californis
937
Eaton, Mfg. Co
26
Standard Oil of NJ.
47
Blec. Autolite..
38
Stone & Webster
124
Elec. Bond & Share
#1
Swift International
311
Elec. Bond & Share 35 pl.
.117
Technicolor
Elec. Bond & Share 38 pt.
06)
461
Texas Corpn. ..................
Elec. Power & Light $7 pf.
33.
357
Texes Gulf Sulphar
€Tintkote
174
Trans-America, 0.
01
Food Machinery Corp.
32+
141
20th Cent. Fox.
Gen. American Tranı, ...
604
24
20th Cent. Fox. $11⁄2 pf.
Gen. Electrie
401
Union Carbide & Carbon
891
Gen Motors ....
541
1001
Union Pacife
Gen. Rallway Signal
231
United Aircraft
434
T!
May July
General Tire & Rubber Co 22
United Airlines Trans.
114
Glidden Co.
181
United Corpni.
27
Goodrich (B.F.)
221
United Corpn. $3 cum. pf.. 364
Opened with sellers at 49/16"for Spot. Towards the close there· were sellers at 45/8 for Apot.
Goodrich $5. pl.
64
finited Gas Corpo.
27
CHICAGO WHEAT
Goodyear Tire & Co.
271
United Gas Improvement 137
Great Northern Iron Ore.....
18
US, Industrial Alcohol
24
Shanghai Exchange
December
Great Northern Rly, pfd.
30-
US. Rubber
412
Great Western Sugar ....
31
U.S. Rubber, $8 pfd.
1004
Shanghai, Oct. 11 (Reuter
Official T.T. Ratei
May
July
Greyhound Corpn.
161
US. Steek
747
Hercules Powder Co.
90
Vanadium
354
London
Bomestake Mining
55
Warner Bros. Pict..
44.
New York
Opening 0/4 -4-11/16
CHICAGO CORN
Industrial Rayon
271
Westinghouse Misc.
1181
Japan
28-1/2
International Harvester
63,
Woodward Iron Cor.
29
India
December
22-1/4
491/491
397
Chase National Bank
fnt. Tel. & Tel
51
National City Bank
353* 29
Parl
2.93
May
521/621
497/407 $24/52}
501/502 531/531
it up it up
Bombay
London Rangoon KAELA - Salgón
#
Hongkong
28-5/8
July
Calenda
53/53+
up
Sellers
771
WINNIPEG WHEAT
1-ex dit.
Spot Oct.
0/4-9/16
October
681/081
0/4-9/16
0/4-41/64-
December
704/702
"Nov.
0/4-1/2
014-37/64 May
741/75
701 B *752/754
70/701 12/12 761/761
∙1 up 11 up
1) up
B.S. Dollars
*1939
High Low Dow Jones Averages, 155.98 181.44 30 Industrial.
35 90 24:14 90 Baile
17.07 2071 20 Ubilim
03 21 88.5! 40 -Bonda
6053 45.59 11 Jommodity Index 64.13
Oct. 9, High Low Close
77 AP 149.80 15102 149.22.150.68 33 61 34.25 2389 33.80
.19 up Nov, 94.95 25.55 25.00 26.36 41 up 89.70.30 ap 89.40
55.15 1.02 up Business Done: 950,000 shares
Changs
Spot Oct.
$7-11/18
$1-13/16
7-21/32-
1-25/32
NEW YORK HIDES
7-5/8
December
14.22/
quiet,
with March
14.49/50
June
NY Sliver, Official NY-London Cross Rate 4.04.
1477. N 36-1/4
14.37/37 14.40/40 14.70/70 14.85/60 1485b/90a 15.02 N
28-1/4
18 up. 20 up 25 up
4.03-5/8
Mt. Nietel
Johns Manville
*-bid...
∙DOW JONES. AVERAGE
Oct. 11, 1939.
Quietly steady.
Sterling
A small transaction was reported at 1/3 for January. There were sellers at 1/3 October/January and 1/231/32 February/March, buyers at 1/3.1/32 Cash and 1/3 February. U.S, Dollars Opened with sellers at 25.3/16 October, Subsequently there` were sellers at 25.1/4 October resulting in some business at 25.1/4 Novem- ber. The market closed with sell- ers at 25.1/4 Cash, 25.3/16 Novemn- ber and 25.1/8 December, buyers at 25,5/16 Cash, 25.1/4 November and 25.3/18 December.
X Shanghai Dollar
There were sellers at the opening
New York Cotton, Oct. New York Rubber, Dec. Chicago Wheat, Dec. Chicago Cory Dec, Winnipeg Wheat, Oct. New York Hides, Dec.
401
11 up
14.22 14.40 18 up.
Prev. To-day's
High
Low
Close Close Change
•
8.88
8.75 19.25 19.00 18.77
8.77 8.83 .06 up
19.13
.36 up
83 502
81 BOJ.
83
21 üp
497
501
closed 701
14.70 14.37
NEW YORK COTTON
October December
Close
Opening
Closing
Change
"0.04. N
9.04/03
9.12/12
.08 up
8.77/77
8.77/76
8.82/83
8.64 N
8.62 B
8.65/65
.01 up
8.56/58
8.57/57
May July
8.38/39
8,39/39
8.47/47
.08
8.38/39
8.20/20
8.27/27
Spot
9.09 N.....
9.14 N
.08 up .05
up
NEW YORK RUBBER
December
18.74/77
19.15/15
17.85/85
17.73 N
17.69 N
19.12/13 17.05b/18.10 18.03/04. 17.80b/18,088 1790.-2 17.90 N
36 up
.19 up
.17 up
21
up
January March
at 322. The market closed with March sellers at 319 för pot.
Shanghai Market
وه وه
Opening Closing
0/4-21/32
Total sales for the day:-1,020 tons
801/801 811/811 801/801 81/81
821/83
781/79
824/820 "BOT/80%
Monday's Bales:-18,087,000 bushels.
מנו
up
ន ន ន.
BANK
The Business of the above Bank is conducted by the HONGKONG & SHANGHAI BANKING COR- PORATION. Bales may be obtain- ed on application.
For the HoxGIONG & SHANGHAI BANKING 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
Reserve and Undivided
Profts
5,598,800.00
*8,883,832 01
Head Office:-HONG KONG No. 10 Des Voeux Road, Central.
Board of Directora:
Bir Shenson Chow, Chairman
Li Koon Cinn, Esq. Li Lan Sang, Esq. F. K. Kwok, Esq. Wong Cha Son, Bug, Wong TanTơng, Haq. Yai Ying Po, Esq. Chan Ching Blick, Eeq, Fung Pling Wah Est
Tan Trong Pa, Tông, Phúc Kinh Li Tse Fong, Efq, Manager.
Адия
Enterin
Branches, and Agencies :---
Haiphong Hankow Kassiału Kobe
Lexicon
PRABLE
Melbourne Kit Fran- Bydney
› Hew York
Battle
Parla
macany
Pulping
Shanghai
Every description of Banking and
THE CHASE BANK
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PINE STREIT,
NEW YORK. An American Bank, offering com- plets Foreign Banking Service in the principal Markets of the world. Interest Rates on Application,
SAFE DEPOSIT BOXES '
This Bank is entirely owned by Так CHARE NATIONAL BANE, New York, with Basonresa of over 17.8.82,000,000,000.
D. M. BIGGAR,
Second Vice Priz
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 extand to our Clients special facilities for Domestic and Foreign Banking and Exchange,
Head Office: SHANGHAI Hong Kong Branch:
QUEEN'S ROAD, C South China Offices:
SWATOW
KONGMOON· TOISHAN
KINGCHOW
Exchange business transacted. Losas granted on approved securities. CANTON
Current Accounts opened in Local Currency and Fixed Depositare SHTUCHOW ceived for one year or shorter
We also handle the issue of Bonds periods in Local and Foreign Car and other Public Funds of the rencies on terms which will be Chinese Government both at Homy quoted on application..
and Abriad.
SATE DEPOSIT BOXES TO LET.
KAN TONG PO,
UHOV I. CHEN,
Chief Manager
Mando
LLOYD TRIESTINO
Regular Fortnightly Service
OUTWARD:
for Shanghai.
HOMEWARD: for Genoa, Naples (London Overland), via Manila, Singapore, Colombo, Bombay and » Portsald
For further particulars apply to:
LLOYD TRIESTINO Queen's Bldg., Ground Fl, Tel. 82982
Tel. Add. “LLOYDIANO" P.0.3.
B. 143
Agents, Canton-Messrs. Dodwell & Co., Lid, Shameen.
7-1/2 The market was
business smail....
Merchant Bats Sterling, 0/4-9/18, -
US. Dollars, $7-11/18.
Silver Duty Raté
The Central Bank of China's rate on London at 10 am, to-day! was 1/2-1/24,
The Equalisation rate was 19 per cent..
New York Exchange
New York, Oct. 10 (Réuter), TT. da London (Opening Rate), | 4.03-1/2.
India Rupee Paper
Bombay, Oct. 30 (Reuter). Govt. 31% Rupee, 8-0-0.
Calcutta Exchange
Calcutta, Oct. 10 (Reuter)
on Japan, 78-3/4,
LONDON METALS EXCHANGE ·
London, Oct 10 (Renter).
'buyers 'sellers
STIN
andard, Cash 230 Standard
months 230
SILVER MARKET
LONDON SILVER
London, Oct 10 (Reuter).
INDO-CHINA
Silver. Little general selling STEAM NAVIGATION COMPANY LTD
Business very small Market quiet.
In the afternoon, the market, was dull, but buyers were satisfied
spot, 22-1/24.. Forward, 22-1/4d.
•
NEW YORK SİLVER New York, Oct. 10 (Reuter), Official, Price, 36-1/4,
BOMBAY SILVER
Bombay, Oct 10 (Reuter). Market-Quiet.
Oftake 50 bars.
Ready
"Indian Mint Silver
Nov. 4 Battlement
Dec. 5 Bettlement:
58-08
69-11 59-00
LONDON GOLD
London, Oct 10 (Reuter)," Bar Gold, Fine per oz, 168,
Operating Services for Cargo and Passengers
TO
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE PENANG and CALCUTTA
SANDAKAN
HAIPHONG
For further particulars
please apply to
MATHE
TELEPLIONTZORILGENERA
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