38-1/238-1/4
JULY-SEPT.
36-3/4 36-1/2 35-1/4 35
On Manila:--
On Batavia:-
On Paris:-
On Saigon:-
On demand
On demand
On Bangkok:-
On demand
On Sterling Note:-
Bank Buying Rate...
1/4
Bar Sliver per oz."
20.15/16
..... 44-3/4
Previous close Today's close
I
SPOT
APRIL
1:8 1/4
MAY
JUNE
48
JULY-SEPT,
OCT,-DEC,
Buyers 12-7/16 12-1/4 12
Buyers
12-1/4
12-3/16 11-7/8
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
MARCH 6, 1940
On London:---
Telegraphic Transfer. 1/2 13 18 Bank Bills, en demand 1/2 13 16: Credits 4 months' sight i, 3 1/8 On Shanghai:-
On demand
On Singapore:-
& CO.
PAYNE &
COMMODITY BROKERS
STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY MARKËT REVIEW
(FROM PAYNE & CO.)
360
On demand
52 1/2
On Japan:-
On demand
03
SINGAPORE 'KUBBER
On India:-
On New York:-
182 1/8
S.P OT
APRIL-JUNE.
NEW YORK, MARCH 5, 1940.
March 5 Previous Closing Opening Closing Change Buyers Buyers
Telegraphic Transfer.
and demand
Bank Bills, on demand 24
Credits, 80 days' sight 21 5/8
On demand
Bank Bills, on demand :081 Credits 4 months' sight 1140
After ruling easier, the market became quiet, LONDON RUBBER "
NEW YORK STOCK EXCHANGE
STOCKS
Adams Express ke
QUOTATION
(RKUTER'S SERVÍČK)
Lakey Foundry & Mac, Libbey-Owens-Ford
Last Sale
Mar. 6
MARCH 6, 1940 STOCKS
Last Sale Mar, 5
73*
**
Sterling
Alleghany Steel Co.
22}
Glass
501
Allied. Stores
81
Lockheed Aircraft
30%
Reserve Liability of
Proprietors...
.$90,000,000
Allis Chalmers
3TZ
Loew's Int) Acer
347
Aluminium Ltd,
108
Loft Incorperated
28#
Head Office:-HONG KONG
Amer. Can
115
Mack Truck Inc.
253
American Cyanamid B. ...
331
Martin, Glen L.
43+
Amer. & Foreign Power, Amer & Foreign 7 DI. American Gas & Elec. Amer. Locomotive
McKesson & Robbins, pid. 241*
H. V. Wilkinson, Esq.,
24
Monsanto Chemical
106
34
Montgomery Ward
53+
201
National Aviation.
131
Amer. Metals Co.
231
Nat Dairy Products
102.
38-3/8 38-3/4 35-1/8
off 1/8
Amer. Radiator
9+
Nat Distillers .....
241
inch.
Amer. Rolling Mil
15
National Gypsum
11t
"Hon. Mr. 8. H. Dodwell,
aff, 1/8-
Amer. Sting and Ring Co.
491
National Lead›
21
G. Miskin, Esq., *..
K. 8. Morrison, Esq.,
Amer, Sugar Refining
21
1
Nat, Power & Light
71
T. E. Pearce, Esq.,
"Amer. Fek, de Tel.
1732
National Steel Corp.
861°
Amer. Tobacco ""B"
C. C. Roberts, Esq.,
National Supply Corp.
Hon. Mr. A. L Shields,
THURSDAY, MARCH 7, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital....... 850,000,000-
...
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up #90,000,000 Incorporated by Royal Charter; 1871s
Reserve Funds:
Paid-Up Capital
£3,000,000 £8,500,000 Reserve Fund
.......£3,000,000 H.K. Currency Reserve $10,000,000 Reserve Liability of Pro-
prietors
£3,000,000 HEAD OFFICE: LONDON:
Board of Directori:
Chairman. Hon. Mr. J. J. Paterson,
Deputy Chairman. J. K. Bousfeld, Esq., A. H. Compton, Esq.,
38, Bishopsgate E.0.2 Sub-Agencles In London: 117/199, Leadenhall Street, EQa
West End Branch:" 14/18, Cockapor Street, 8.W.1. Manchester Branch:
89, Mosley Street, Manchester, 1.
AGENCIES AND BRANCHES:
ALOE STAR AMBITHAR
BANGKOK
BATAVIA
HARBIN PENANG HONG KONG SAN GOOS ILOILO
IPOK
BAIGON
BEREMBAN
KARACHI
SHANGHAI
SINGAPORE
BOMBAY
Change
Amer, Waterworks
16.
New York Central
16
off 3/18
Anaconda Copper
291
Niagara Hudson Power
5
Sir Vandeleur M. Grayburn,
off 1/16
"Atchison, T. & 6. Fe.
231
N. American Aviation
247
CALOUTTA
"ELANG
AGENCIES: MOM.
Chief Manager. FAILS PLACE
CLAYS STREET KUALA
04 1/8
Auburn Motors
11
North American Co.
201
11-9/16
1-1/2
of 1/18
Baltimore & Ohio
51
Northern Pacifc
81:
ข
11-3/8
11-1/16
11-3/8
11-1/18
unch
Barber Asphalt Co.
141
Owens-linols Glass Co
614
Amoy
Branches: Ipoh
CANTON CAWNPORE
LUMPUR
KUCHING
KERT
MADRAS
Barnsdall Qu
11:
Pacific Gas & Elec
334
Bangkok Johore
Penang RADGOOD
COLOMBO DELHI
MANILA
.BITIAWAN
BOURABAYA
- TAIPING
TIENTHIN TONGKAH
(Bhuket)
MENAN
THINGTAO
Batavia Kobe
Saigon
Bendix Aviation
33+
the for
May July
July (New contract)
October ( December ( ( January
}
Market Report
FROM ROZA BROS, Silver prices dropped 5/16 yes- terday for both deliverles, quotations being. 20.15/18 Ready and 29.13/16 for Forward Silver advices reported Specula tors as having sold and India as having bought. The market was qulet and closed with sellers at the quoted rate. American Silver was quoted at 34.3/4 for Spot
The London-New York cross-rate. was quoted at 4021/2. New York- London was quoted at 3903/8
Market
Quiet
Sterling
There were sellers at 1/27/8 March-May, possibly Junc. buyers at 1/2.29/32 Cash
U.S. Dollars
Sellers at 24.1/8. March, 24.1/16 April and 23.15/16 May. buyers at 241/4" Cash, 24.3/16 March, 24.1/8 April and probably 24 May.
Shanghai Dollars Bellers 358, buyers 359.
Shanghai Market
4.1/8 and 8.11/16 seders for Spot at the opening and towards the close sellers for Spot were quoted at 4.9/64 and 6.23/32
Shanghai Exchange
ofcial T/T, Ratex
The market was quiet, with small business,
NEW YORK COTTON: Continued Trade buying, together with the lightness "of hedging steadied a very narrow market Worth Street did very little business because of unwillingness of mills to. reduce prices in accordance with buyers views.
NEW YORK RUBBER: The market today reflected the better feeling on other markets. Scattered dealer offerings were taken,
CHICAGO WHEAT: There has been some export demand which is believed to be at the expense of our Pacific exports. Adverse European crop news and buying by cash interests substained the market today.
NEW YORK STOCES: 146.89; Change up .46.
NEW YORK COMMODITY
New York Cotton, May New York Rubber,"May
| Chicago Wheat, May Chicago Corn, May New York Hldes, June
NEW YORK COTTON March
Spot
Prev Today's High Low Close Close Change
10.75 10,86. 10.74
10.84 .09 up 18.43 18.20 18.26 18.39 .13 up
1001 100% 1037
1031 21 up 561 57
5o1 502 I up 14.10 14.05 14.28 .23 up
Total ales Monday:-33,400 bales.
Last notice day for.March cotton:-15/3/40.
NEW YORK RUBBER
Bliss Co.
Pacific Lighting
47 *
Bethlehem Steel
Boeing Airplane Co.
Borg-Warner
Bridgeport Brass Corp...
Briggs Mig..
well
Brooklyn-M'hattan Trans.
Brooklyn-Manhattan $6.
Canadian Pacific R'way
Case, JI
Celanese
Chesapeake & Ohio Chrysler Corpn.
Previous close, 146.43: Today's close,
Climax-Molybdenum Co...
Colts Patent Fire-Arms Columbia Gas & Elec.
Columbia 8% "A" pí......
MARKET
(REUTER'S SERVICE)
Commercial Credit Co. Com, & Southern (Ord.)
Consolidated Edison
Consolidated Oil
Continental Can
Continental ön
Copperweld Steel
Corn Products
Curtiss Wright (C)
નર્મ
Curtiss Wright""A"
14.33
Deere & Co.
Close
Opening
Closing
Change
Distillers Corpn. Seagrains
10.98/98
11.00/00
11.06/08.
.08 "up
Douglas Aircraft
10.75/75
10.78/77
10.84/85
.09 up
Du Pont de Nemours
10.41/41
10.42/42
10.50/50
.09 'up
Eagle Picher Lead
... 10.55 N
1054b
10.64 N
.09 up
Eaton Mfg. Co.
Rec. Autolite.....
9.73/73
0.74/75
0.85/86
.12 up
0.59/59
9.61/61
"9.72/72
קט 13.
Elec. Bond & Share
9.55 N
9.58/58
9.69/69
.14 up
Elec. Bond & Share $5 pf.
Elec. Bond & Share $6 pf.
11.08 N
11.12 N
.04 up
Elec. Power & Light $7 pf... 281.
Fisk Rubber
Pintkote
Gen. American Trana,
Gen. Electric
Shanghai. Mar. 6 (Reuter).
London
0/4
March
New York
6-9/16
May
18.38b/39a 18.28/28
18.50b/55a
12 up
Gen. Motors
18.20/20
18,39/39
.13 up
Gen, Raliway Signal
Japan
27-7/8
July
18.10b/18a
18.09/09
18.20/20
10 up
Gen. Tire & Rubber
India
22-1/8
Septimber.
17.95/18.003 17.93/93 ..
18.08/10
..13 up
Glidden Co.
Paris
2.94
December
17.80b/85a
17.90b/95a
.10 up
Goodrich (B.F.)-
Goodrich $5 pf.
Hongkong.
28-3/4
Total sales:—640 tons,
Goodyear Tire, & Co.
Sellers
Last trading day:-27/3/40.
Opening Closing
Spot
0/4-1/8 0/4-9/64
CHICAGO WHEAT
Mar..
Apr,
"
0/4-7/64 0/4-1/8
0/4-1/16 0/4-1/18
Great Northern Iron Ore .. Great Northern Rly, pid, Great Western Bugar
May......
100/100
100/1001
July
981/981
981/981
1031/1034 1002/100
27 up
כט 21
Greyhound Corpni, migran Hercules Powder. Co,
U.S. Dollar"
Spot
Mar.
$9-11/16 $6-23/32
0-21/32
September
971/971
100/1001
21 up
Homestake Mining
International Harvester...
Apr.......
6-11/16 6-9/16
CHICAGO CORN
int Nickel
May
581/561
501/561
567/587
i up
Int. Tel. Tel.
July
581/56
571/578
#up
Johns-Manville
September
-57/57}
58/58
4 up
J. & Laughlin Steel 7 pid.
WINNIPEG WHEAT
Kennecott Copper
May .....
October
881/881 894B 90TA.....
8813
891/891 901B
ཙ;
up
up
911/911
NEW YORK BIDES June
14.05/06 14.10/10 14.30/31
14.28/30
14.38/38
14.51/51
.21
98
34-3/4
34-3/4 3.90-3/8
6-9/16
Market:Quiet.
Merchant Rates
Sterling, 0/4-1/8.
UB, Dollars, $8-11/16
India Rupee Paper
Bombay, Mar, à (Reuter). Govt. 31% Rupee, 93-06-0.
Calcutta Exchange
Calcutta, Mar, 5 (Reuter).
TT. on Japan, 80-7/8,
New York Exchange
New York, Mar. 5 (Redter),
TT on London (Opening Rate). 3,89-3/8.
SILVER
MARKET
London, Mar. 5 (Reuter). Buver: Speculators sold: India bought on the 'fa, Moderate business... Market gulet. In the afternoon, the market was dull, with small sellers at the rate, but buyers holding off.
Spot, 20-15/16d.
Forward, 20-13/16d.
NEW YORK SILVER
New York, Mar. 6 Reuter).
Silver, Oficial, 34-3/4
BOMBAY SILVER
Bumbay, Mar, 5 (Reuter).
Market Quiet. Oftake 50 bars.
Indian Mint Silver" Ready .......
58-09
Apr. 3 Settlement ... 58-12 May 1 Settlement 69=00
LONDON GOLD
London, Mar. 6 (Renter). Bar Gold, Fine per cz, 168.
*July
September
New York, Official
NY-London Cross Rate 3.91-1/4
LLOYD TRIESTINO
Regular Fortnightly Service
OUTWARD:
for Shanghai-NEXT SAILING: FIRST WEEK IN MAROEL HOMEWARD for Trieste, Venice, Brindisi, (London Overland), via Manila, Singapore, Colombo, Bombay & Portsald-NEXT SAILING: ABOUT MIDDLE OF MARCH
For further particulars apply to:
LLOYD TRIESTINO Queen's Bldg., Ground FL, Tel. 32982 Tel Add
Agents, Canton (ZSGADIANO" P.O.B, 149
Dodwell & Co Ltd. Shameen.
147.14, 146.41 14689
88.77
30.71 30.47 30.68) (21 ap 24.29 24.09 24.15 14 ok ...14 up 69,58 74 ap Business Dobe?-570,000 shares
Francisco HANKOW
Sourabaya Sungai
(Peking)
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUms opened and FIXED DEPOSITS received for One Year or shorter periode in Loanl or Other Currencies at rates · which will be quoted on application.
SAVINGS ACCOUNrs also opened in Local Currency and Sterling with
ACCOUNTS opened in interest allowed at rates obtainable LOCAL CURRENCY and FIXED DIvars on application.
The Bank's Head Office in London received for ans "year or shorter periods in Local and other Cur-undertakes Executor and Trustee rencias on terms which will be business, and claims recovery of " quoted on application.
British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.
R. A. CAMIDGE,
Manager.
A180 up to date SAT DEPOSIT Boxes in various sizes To LIT Hong Kong, 28th February, 1940.
HONGKONG SAVINGS
BANK
THE CHASE BANK
The Business of the above Bank 15, QUEEN'S ROAD, CENTRAL
For the HONGKONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1999.
Board of Directors:
Bir Shopson. Chow, Chairmas
Li Koon Chan. Eng. Li Lan Sang::Eng,
Wong Chu Sanj Enq.. WODg
P. B. Tang, Eng. Kan Ting Po, kaq,
Chan Ching Shok, Esq. Fung Ping Wah Baq
Kan Tong Po, Esq., Chief Manager. Li Tre Fong, Raq., Managar.
Branches and Agencies :—–
Koʻrioon PRISER Shopspore
Berbaya London Barevn Melbourne Ben. Fran- Sydney
New York Faris
Pradžia Vancouvár
Bemarang
Puping Shanghai
Every description of Banking and Exchange business transacted. Lomas granted on approved securities.
"HEAD 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."
BAFE DEPOSIT BOXES
This Bank is entirely owned by Tos CHASE NATIONAL BANK, New York, with Besource of arm U.S.$2,900,000,000.
D. M. BIGGAR,
Second Vion Fro
BANK OF CHINA
Specially Chartered by
THE NATIONAL GOVERNMENT OF CHINA AS AN- INTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL $40,000,000,08 (BRANCHES ALL Oykë Caixa) Owing to our numerous Branchen in China and connections in the principal Commercial Centres of the World, we are able to extend to our Clients special facilities for Domestie and Foreign Banking and ". Exchange. Dis
A
"Head Office: SHANGHAI
Hong Kong Branch..
4, QUEEN'S ROAD, C. South China Offices:
CANTON
Current Accounts opened in Local Currency and Fixed Deposita e SWATOWA p ceived for one year or shorter SHIUCHOW period in Local and Foreign Cur rencies on terms which will be quoted on application.
SAFE DEPOSIT BOXES To Lat.
AARON KAN TONG PO,
Chief Manager.
Cand valobi.
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Passengers
TO-
SWATOW; SHANGHAI, TSINGTAU, CHEFO0.
and TIENTSIN
KOBE and OSAKA
SINGAPORE PENANG and CALCUTTA SANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Tarmina in. the French Concession at Shanghai, where passengers and cargo are landed.
For further particul
please apply to
ARDINE
THESON&
TELEPHONE KOZIK GENERAL MANAGI
KONGMOON TOISHAN KINGCHOW
We also handle the issue of Bonda
and other Public Funds of the Chinese Government both at Home and Abroad.
SHOU J. CHEN,
Manager.
THE KWANGTENG PROVINCIAL
BANK
(Enompoented in China).
General Banking Facilities and Pinaudisi Agects te The Provincial Government of Kwangtang Head Öfos-Shinkwan, Kwangtang Province
·Hoogkong Branch--Queen's side, 1 Chater Rd,, Calls Addrmar*====*PROVINCIAL" 2039, 2443. Telephones:
20112, 20113, 20143; 29181, 31681.....
BRANCHES THROUGHOUT SOUTH CHINA. Corrodenta in New York and Loodan Paid Up Capital N$10,000,000. N$)9,500,000.
Reserve Capital
UYANG "MANLY.
Hongkong Manager.
A Jobz
WANT ADS
Bombay
Kowloon San
HAIPHONG BAMBUNG
NEW YORK PRIPING.
TOXOHAMA
771
Packard Motors
3
Calcutta
Kuala
13
Pan-American Airways
171
Canton
Lumpur Shangbai“
231
Paramount Pictures
7
Chófoo
London Singapore
223
Pennsylvania R.R.
227
Colombo
Lyons
101
Phelps-Dodge
382
Dairen ... Malacca
201
Phillips Petroleum
362
Foochow
Manila
Fatani
ཊྛཱ་
Pittsburg Coke & Iron
71
Haiphong MuST
Swatow
Hamburg (Johare)
Tientsin
911
Public Service of NJ.
*407
Bankow Mukden Tokyo
.64
Pullman Inc.
261
Harbin New York
581*
Pure Ol
81
Iloilo
Peiping
Tsingtao Yokohama
281
Radio Corpn. of Am.
57
391
Reading Company,
Cam
13*
CURRENT
85
Reading Company. 1st pfd
25
-381 ·
Remington Arms Co., Inc.
51
80
Republic Aviation Corp......
6
54
Republic Steel
21
88
Revere Cop. & Brass Inc.
124
401
Reynold Tobac. "B"
: 41
1
Richfield O
71
307
Safeway Stores
491
73
Schenley Distillers
117
457
Bears Roebuck
83+
Shell Union Oil
11.
15%
Socony-Vacúnum Oil
114
*612
Southern Pacific
12%
101
Southern Rly $5 pfd,
283
is conducted by the HONGKONG
· 29:4
Sperry.........................
441
211
"
Spicer Manufacturing Co. 334
182
Standard Brands
7
& SHANGHAI BANKING COB FORATION. Bules may be obtain ed on application.
"
*831
Stand Gas & Elec,
11
1847
Standard Oil of California
14
11
Standard Ou of N.J.
431
311
Stone & Webster
91
982
Studebaker Com
114
ני
6
Swift International
32
581
Technicolor
151
831
Texas Corpn.
441
BANK OF EAST ASIA,
Texes Gulf Sulphur
34
LIMITED
151
Timken-Axle
23
10.
Trans-America Co.
51
Authorised Capital.....$10,000,000.00
52
20th Cent. Fox
118
Paid-Up Capital
5,598,000.00
Ecserve and Undivided
381
20th Cent. Fox, $14 pf.
23
Profits
£,883,232.01
531
Union Carbide & Carbon
841
171
Union Pacific
93年
"201
United Aircraft
477
Head Office:--HONG KONG No. 10 Des Voeux Road, Central
171
United Airlines Trans
151
191
United Corpo,
2
69
United Corpn. $3 cum pf, 374
231.
United Gas Corpn.,
11
131.
United Gas Improvement
121
24
US., Industrual Alcohol,
21
27.
U.&. Rubber
357
161
UB. Rubber $8 píd.
114
89
U.S. Steel
581
"
531
Vanadium
341
$4
Walworth Co.
51
361
Warner Bros. Fict
31
Westinghouse Elec.
113+
693*
Bombay Valoutta Haiphocy
Woodward Irun Cor.
25
59*
37}
Chase National Bank National City Bank
36 *
Bosslaju Lobe
-1939/40
1 div.
DOW JONES AVERAGE
....... Hlah... · Low Dow Jones. Averagin
158.92 131.41 50 Industriais
38.00 94.14 10 Ralls
$7.70 90.70., 20 Use
bid
:
Một là 1940,
Mar. 4, 146.43
High Low Close
30 48- 2429
32.33 84.517:40 Bonda
65.67 46.49 11 Commodity Index 59.84
Change .46 up