£
War Loan, 34% (Red
after 1952)
Alleghany Steel Co. Allis Chalmers .....
1014
Aluminium Ltd
Janton-K'loon Rly. 5%
7.
NEW YORK Sept. 5, 1910.
Amer. Can
リ
Previous
Chinese 41% Gold Loan
Sept. 5
American Cyanamid B.
1898 (Brit. Issued
30
SINGAPORE RUBBER
Chinese 5% Gold Bonds,
1925-47
35
SPOT
Chin. 44% Anglo-French
OCT.-DEC.
Loan, 1908
44
JAN -MAR,
Close Opening Closing Buyers Buyers 27-1/2 37-5/8 37-5/8 36-5/8 38-3/4 36-3/4 35-178 35-1/4 35-1/4
Change
Amer. Foreign Power ...
Amer& Foreign $7 pf. ***
up 1/8
Amer. Locomotive
Amer, Metals Co.
Amer. Radiator
Chinese 5% Crisp Loan.
1912
12
The market was steady but quiet. LONDON RUBBER
Amer, Rolling Mil
Previous close Today's close
Amer. Sting and Ring Co.
Chinese 5% Reorg, Loan,
buyers
buyers
Change.
Amer. Sugar Reining-
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
London, Sept. 5.
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 for errors in transmission.
PAYNE & CO.
COMMODITY BROKERS
STOCK EXCHANGE
BUILDING
HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
NEW YORK STOCK EXCHANGE
STOCKS
Adams Express .................
QUOTATION
(REUTER'S SERVICE)
SEPTEMBER 6, 1940.
Last Sale
STOCKS
51 Lockneed Aircraft
SATURDAY, SEPTEMBER 7, 1940
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital 850,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up 890,000,000 incorporated by Royal Charter, 1859
Reserve Funds:
£8,500,000 Reserve Fund
Paid-Up Capital
H.K. Currency Reserva $10,000,000 Reserve Lisbility of Pro-
$20,000,000
Head Omes:-HONG KONG
Chairman.
prietors.....
.....£3,000,000 .£3,000,000
...£3,000,000 HEAD OFFICE: LONDON: 38, Bishopsgate E.0.9. Sub-Agencies In London: 117/129, Leadenhall Street, E.03 West End Branch:
14/16, Cockspur Street, B.WL Manchester Branch:
62, Mosley Street, Manchester,
AGENCIES AND BRANCHES
HARBIN PINANG HONG KONG RANGOO형. ILOILO
Прод KARADEI
ALOB STAR AMBITHAR
Sterling ....
Reserve Liability of
Last Sale
Proprietor
Sept. 5
Sept. 5
301
264
Loew's Inc.
27
341
Loft Incorperated
23
92
Mack Truck 'Inc.
23+
Board of Directors: H. V. Wilkinson, Esq.,
98
Martin, Glen L.
33+
347
McKesson & Robbins, ptd. 22
Hon. Mr. J. J. Paterson,
14
Montgomery Ward
43
Deputy Chairman.
161
M'tain City Copper Co.
34
147
National Aviation
J. E. Bousfield, Esq., A. H. Compton, Esq;
17
Mat. Dairy Products
131
Fion. Mr. 8. H. Dodwell,
714
National Distillers
214
6. Miskin, Esq.,
12+
National Lead ......
18
K. S. Morrison, Esq.,
JANGKOK
414
TE. Pearce, Esq.,
SAIGON
Nat, Fower & Light
R
BATAY LA
142
National Supply Corp.
C. C. Roberts, Esq.,
BEREMBAN
BOMBAY
B
SHANGHAI
1913 (Ldn. Is.)
18
S P. OT
12-1/18
12-1/8
Up 1/16
Amer. Tel, & Tel.
"187
New York Central
Hon Mr. A. L. Shielda,
15
Chinese 8% Ster. Notes.
SEPTEMBER
12-1/16
12-1/8
up 1/16
Amer. Tobacco "B"
78
Niagara Hudson Power
4
Sir Vandeleur M. Grayburn,
1925.(Vickers)
9
12.1416.
12-118.
un 1/16
Amer, Waterworks
Ꭶ
N. American Aviation
13
Chief Manager. I PAG
-OCT-DEC.
can, Imperial Rly. 5%
JAN.-MAR
Loan
38
·APRIL-JUNE
11-13/16 11-9/10
11-7/8 11-5/8
up, 1/16
up 1/16
Honan Rly. 5%
9
Hukuang Riy, 5%, 1911...
(L.P. N/Y Issue)
12
-Hukuang--Rly-5%--1911-
(German Issue)
11
Lung Tsing & D. Hal
Rly. 5% 1913
8
S'hal-N'King Riy. 5%
12
Tientsin-Pukow Rly. 5%
61
(Brit. Stpd.) Tientsin-Pukow Aly. 5%
(German Stpd.)........ Tientsin-Pukow Rly. 5%
(Brit. Stpd. Supl. Loan) 8 Tientsin-Pukow Ely, 5%
(Ger. Stpd, Supl, Loan) B Jap: 6% Ster. Loan, 1924 32% Ger, 7% Intl. Loan, 1924 51 Chartered Bank
The market was steady with small business,
NEW YORK COTTON: The market reflects the activity of the stuck market Textile sales are large at the "advancing price ten- dency.
NEW YORK RUBBER: activity above normal:
CHICAGO WHEAT: The market was firm. A feature was the strength of the September position while the strength of cash wheat was a continued substaining influence. Selling pressure" was not great.
NEW YORK STOCKS: Previous close, 132.18 Today's close,
| 134.10; Chänge, up 1.94.
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE)`
Anaconda Copper Atchison, T. & 8 Te. Aviation Corp.
23
CALOUETA • KLANG
AGENCIES: CLAVE START
CANTON
SINGAPOR
XOM KUALA
BITTA WAN
ROULIRANZA
LUMPUR
TAIPIND
North American Co.
201
☆
Northera Preins
41
Owens-Illinois Glass Co....
55
Amoy
Branches: Johore
CAWNPOBI
'Baldwin Lecometive
161
Bangkok
Kobe
Pacific Gas & Mec
293
Batavia
Kowloon
Baltimore & Ohio
43
Packard Motors
31
Bombay
Kuala
Rangoon Saigon San
-Frundisco
CASU COLOMBO
KUCHING MADEAB MANILA
་་
Barber Asphalt Co.
11
Pan-American Airways
154
Calcutta
Lumpar Shanghai
Barnsdal! Ou
81
Paramount Pictures
B
Canton
London
Singapore
"The New York Times" shows business
Bendix Aviation
321
Pennsylvania B.R.
224
Chefoo
Lyons
Scurabaya
Bethlehem Steel
811
Philadelphia Read, Coal
#
Colombo
Malacca
Sungei
Bliss & Co.
15%
Phillips Petroleum
363
Boeing Airplane Co,
161
Public Service of NJ,
364.
Dairen Foochow
Manila
Patani
Huär
Swatow
Borg-Warner
19
Pullman Inc...
21...
Bankow
Mukden
Briggs Mig.
221
Pure Oil
Tokyo
77
Harbin
New York
Budd M'facturing Corp.
Tsingtao
.41
Radio Corpn. of Am,
5+
(loilo
Canadian Pacific R'way...
41
Reading Company, Com
15
Ipoh
Penang
Case, JI
431
Remington Arms Co., Inc.
41"
Celanese
301
Republic Aviation Corp. ...
41
Chesapeake & Ohta
4111
Republic Steel
181
Chrysler Corpn.
BOL
Revere Corp.
104
Columbia, Gas & Elec,
Reynold Tobac. "B"
361
Prev. Today's
Commercial Credit Co.
35
Safeway Stores
454
BK. & S'hal Bank (Ldn.
Reg.;
651
HK. & S'hat Bank (Col.
Reg)
71
New York Cotton, Oct. New York Rubber, Sept. Chicago Wheat, Sept. ....
771
Chinese Eng. & Mining
Chicago Corn, Sept.
571
High Low Close Close Change 9.40 9.34 9.35 9,37 .02 up 19.34 19.30 781 77 * 578 582
Com, & Southern (@rd.)
quoted on application.
| Schenley Distiller
104
Consolidated Edison....
281
Sears Roebuck
80%
10.25b 19.30
78
.05 up
Consolidated Of
Shell Unton Ol
91
7 up
Continental Can
391
571..
1 up
Continental Off
19
Socony-Vacunum Oll
Southern Paciic
to
97
(bearer)
15
New York Hides, Sept.
10.20 9.93 10.00
9.93
.07 Off
Copperweld Steel
19+
Chosen Corporation
4
NEW YORK COTTON
Close
Opening
Closing
Change
Curtiss Wright (C.)
4..
Bouthern Rly $5 pfd.
21
Spicer Manufacturing Co. 32
Pekin Syndicate
2
Curtiss Wright "A"..
281.
Standard Brands
64
S'hat Elec. Constr. Co....
15
Oct. (New contract)
9.41/41
9.46/45
9.44/44
Shai Waterworks "A"
13
December
9.35/35
9.38/37
9.37/38
.03 up
02 up
Deere & Co.
18
Stand Gas & Elec.
11*
Distillers Corpn. Seagrams 164
Union Insurance
20
January C
9.25 N
unquoted
9.27 N
.02 up
Standard Ol of California
18
Douglas_Aircraft.
788-
Gula Kalumpong Rubber, 13/0
March
9.19719
9.21721
9.19/19
unca.
Standard Ofl ̈ of ̃NJ...
361
Du Pont de Nemours
175
B-A Tob, (bearer)
77/6
May
( )
9.02 N"
9.03/03
9.01/01
01 off
Eagle Pleher Lead
84
Stone & Webster. 84
Mercantile Bank
111
July
()
8.82/82
8.82/82
Dunlop Rubber
29
Spot
9.79 N
2.81/81 9.781
.01 OF
Studebaker Com,
&
Eaton Mfg. Co.
33
,01 of
Swift International
19
Elec, Autolite
372
BANKING CORPORATION.
Technicolor
10
Bristol Aeroplane
9/3
Imperial Chemical Ind. 26/74
Total sales Wednesday-83,400 baies. NEW YORK RUBBER
Elec. Bond & Share
64
Texas Corpn...........
3621
Elec. Bond & Share $5 pf.
651
Texes Gulf Sulphur
324
United Steel
17/0
Elec. Bond & Share $6 pt.
724
Woolworths
50/3
December
Marsman Investments
8/9
January
Western Holdinga
March
9/3
Sub-Nigel
157/6
May.
19.25b 19.23b 19.19/19 19,10n
、19.30/30
19.30/30 unquoted 19.26b 18.10b/25a 19.20b unquoted
Timken-Axle.
28
105 up
Elee, Power & Light $7 pr.
378.
.03 up
Trans-America Co.
47
Findlate
15
.01 up
20th Cent. Fox
6
Gen. American Trans.
48"
19.105
unch.
Union Bag & Paper Corp.
134
Gen, Electric ...
35
Union Carbide & Carbon
763
Shell Trans
& Trad.
Total sales:-$30 tons.
Gen. Motors ...
491
(Union Pacifc
88
thearer
36/3
CHICAGO WHEAT,
Gen. Railway Signal
131
United Aircraft
421
Nat Defence Bonds, 3%
2011
London-Midlands-Scot-
December
771/771
77/775
78/784
Gen. Tire & Rubber
13
1. up
United Airlines Trans
17
Glidden Co."
141
May
78/782
781/78)
782/787
up
United Corpn.
2
tish, 3%
113
Wednesday's sales-14,632,000 bushels.
Goodrich (B.F.)
13
Great Western - Rail-
Goodrieb $5 pt.
54
United Corpn. $3 cum pf. 364 United Gas Corpn.
1
"way. 3%
281
CHICAGO CORN
Goodyear Tire & Ob.
174
United Gas Improvement
12
Nat. Bank of India. 9%
241
September
631/631
Great Northern Iron Ore .. 15
U.S., Industrual Alcohol. ..
21
December
LONDON STOCK
May
.571/57% 578/571
58/584
57/571
- up
Great Northern Rly, pld.
271
U.S. Rubber
223
58/58
581/501
1 up
Great Western Sugar
22
Interest Rates on Application.
U.S. Rubber $8′′ pfd.
87
WINNIPEG WHEAT
Greyhound Corph, m
114
li at
Hercules Powder Co,
-October
73 a
73ja
73ja
unch.
International Harvester
Int Nickel
greatly rein-March
10,00/00 10,20/20
10:20/04 10.21/20
-0.93-93- 10.17/17
07 of
Inter Paper & Power. Int. Tel. & Tel.
.03 off
B
34-3/4 4.03-1/2
Kenmecott Copper Lakey Foundry & Mac. Libbey-Owens-Ford
BROKERS
Week-ended
EXCHANGE
LONDON, Sept, & (Reuter)
Today's strength in the Stock Ex-NEY YORK, HIDES change is ascribed to public con-December. fidence which is
forced by the continued success
of the British Air Force.
All sections improved with shortage of stock to face & grow ing demand reported in gold-min- ing together with some indus- trial groups.
Wall Street was strong.
SILVER MARKET
Silver:
LONDON SILVER London, Sept. 5 (Reuter),
Market very quiet but steady. Business smail. In the afternoon, the market was steady.
Spot, 23-7/16d Forward, 23-1/4
Total sales for the day:-214 lots. New York Official 34-3/4" NY-London Cross Rate 4.03-1/2
LONDON METALS.
EXCHANGE
i.
LOANS
New York, Sept. 5 (Reuter), Loan on securities to brokers in Middle New York:-
London, Sept. 5 (Reuter). Tin, Standard, Cash, Price, 255-1/2
Tin, Standard, 3 months, Middle Week-ended Price, £257.
WEEKLY RETURNS
LONDON GOLD
London, Sept. 5 (Reuter). Bar Gold, Fine per oz, 168/-
AND REPORTS
BANK OF ENGLAND
LONDON, Sept. 5 (Reuter).
Public Deposits Other_Deposi{@?==
Bankers
Other Accounts STOLRI
GOTrities:-
Week-ended 31/8/39 29/8/40
5/9/40 $487,000,000 $259,000,000 $231,000,000
1930/40
DOW JONES AVERAGE
High Low Dow Jones Averages. 155.92 111.84 30 Industriala
35.90 22.18 20 Raila
27.70 18.03 20 Utilities 92.22 -83.06.40 Bonds 65.67
INDO-CHINA
STEAM NAVIGATION COMPANY LTD,
Operating Services for Cargo and Passengers
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
Aug. 29
8,830
Sept. 6
10,850
TO-
... 118,660
116,260,
51,800
48.450
170.460
164,730
Securities he
147.970
146,000
3.880
8,870
24,820
22,010
28,500
28,780
20,880
20.800
930
Notes in circulation
010,040
8.80 410.000
Ratio of Reserve to Liabilities
11.84%
Price of Gold st which holdings are valued
... 100/-
Other
Discounts and Advances Securities
Total
Notes and Coins
Total Bullon
FEDERAL RESERVE SYSTEM
NEW YORK, Sept. 5 (Router),
Bills Bought
UB. Becarities held
Federal Reserve Ratio.
Federal Reserve Oredit Outstan
Monetary Gold Stock Vlastrial “Adranos.
11.89%
-168/-
Aug. 81 (1930) .......Aug. 29, Slept. 6
1000% omitted)
1,000
2420,000
2,442,000- 85,04% 89.41% 2,448,800 -2,480,000) 16,678,000 20,871,000
2,484,000
11.857,000 8,553,000
88.41% 2,490,000 20,044,000
8,645,000
and TIENTSIN
KOBE and OSAKA
·SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongairle the Roosevelt Terminal in the French Concession at Shanghai, where passenger and cargo are landed.
For farther particulars
please apply to
JARDINE MATHESON&Co., LTD. TELEPHONE SOSI. GENERAL MANAGERS •
BANKERS:
The Bank of England and Midland
Bank Ltd. BRANCHES:
Kunle Trenggena Madras
Bangkok Bombay
Ipoli
Jstion
Calcutta
Kantin
Kew York
Colabo
Kandy
Penang'
Dathi
Karmshi
Bazoo
Kota Bharu
Shanghai
Kasia Liple Simil
Galle
Hongkong Howrah
„Kuşla Tumper Blackpare HONG KONG BRANCH: Every description of Banking And Exchange TRUSTEE AND EXECUTORSHIP
KULINDERTAKEN
basic transacted.
J
CURRENT ADCOUNTR opened in Local Our reRoy and FIXED DEPOSľka, zooplrad in Local Curreses& STERLING, nu came that may be Kacartalied on spy Motion.
D. BENSON.
What do
1
you want?
IT
there is anything you want to buy or Bell, try
smail advertise ment in the Hong- kong Dally Press.
25 words $1.50 prepaid
for 3 insertions.
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 o our Clients special facilities for Domestic and Foreign Banking and Exchange.
Head Office:-SHANGHAI
Hong Kong Branch
4. QUEEN'S ROAD, C.
•South Chind Offices:
CANTON
SWATOW SHLUCHOWA
KONGMOON TUISHAN KINGCHOW
We also handle the issue of Bonds and other Publre Funds of the Chinese Government both at Home and Abroad.
BHOU JCHEN
Manager.
US. Steel...
581
SAFE DEPOSIT BOXES
85
Vanadium
*332
45
Vultee Aircraft
30
Walworth Co.
5
164
Warner Bros. Pict
2
24
Westinghouse Elec.
104
292
Woodward Iron Cor.
27
3+
Glasa.. 43
Chase National Bank National City Bank
291
---bid.
t-ex, div.
Sept.. 4
Sept. 6. 1940. High Low Close
132.10
28.5"
134.54 132.31 134.10
Change 1.94 up
251*
Haiphong (Johore) Tientsin
Peiping Yokohama
NEW YORK
(Peking)
FOREIGN EXCHANGE and General Banking Busines transacted.
CURRENT ACCOUNT opened and FIXED DEPOSIT received for One Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNTs also opened in Local Currency and Sterling with
CURRENT Accouxta opened in interest allowed at rates obtainable LOCAL CURRENCY and FIXED DEPOSITS on application. received for one year or shorter perioda in Local and other Cur-undertakes Executor and Trustee
非
Also up to date SATE DEPOSIT
rencies ор terms which will be usiness, and claims recovery of British Income Tax "overpaid, on terms which may be ascertained ai any of the Agencies and Branches.
R. A. CAMIDGE,
Manager.
Boxza in various sizes To LET Hong Kong.. 28th February, 1940.
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the HONGKONG SHANGHAI BANKING COR- PORATION. Rules may be obtain
d on application,
For the HoxoTONG & SHANGHAI
V. M. GRAYBURN,
Chief Manager. Hong Kong, 28th Feb., 1939,
THE CHASE BANK
16, QUEEN'S ROAD, CENTRÄL
HEAD OFFICE:
-BANK-OF-EAST ASIA, LIMITED
Authorised Copital.. Paid-Up Capital Reserve and Undivided
Profits
$10,000,000.00 5,598,800,00
.....1,983, 201.50
Head Office-HONG KONG No. 10 Des Voeux Road, Central,
Board of Directors: BIR SHOPSON CHow, Chairman Li Koon Chun, Esqe Li Lan Sang, Eade P. K. Kwok, Esq. Wong Chn Son, Esq. Wong Tan Tong, Eng. Kan Ying Po, Bag. Chan Uhing Shok, Bad, Fung Ping Wah Esq. KAN TONG PO, Esq., Chief Manager
TER FONG, Esq., Manager
18, PINE STREEK,
NEW YORK An American Bank offering comL
..plete Foreign Banking Bervice in the principal Markets of the world.
This Bank is entirely owned by
THE CHASE NATIONAL BANK New York with Basources of dry 13.8.$2,900,000,000.
D. M. BIGGAR,
Second Fios Fr
THE MERCANTILE BANK OF INDIA, LIMITED
Head Offco-15, Gracechurch Street, London, EC.3 Authorized Capital
Branches and Agencies:--
Horloon Fening Singapore Loudon
Bourabaya Bangoen
Swatow Melbourne, San Fran, Bydney. Narazaka
disco-Lieutia
Bezug Shangtal
Every description of Banking and Exchange business transacted. Loans granted on approved securities;
Current Accounts opened in Local Currency and. Fixed Deposite re- ceived for one year or shorter periods in Local and Foreign Cur rencies on terms which will be quoted 'on application.
SAFE EPOSIT Boxes To LET.
KAN TONG PO,
Chist Manager.
DELHI HAIPHONG
MIDAN
TIENTSIN
TONGKAH
(Bhuket)
TSINGTAO
TOKOHAMA
BAMBURG HANKOW
PRIPING
The Bank's Head Office in London
سامة
Amay
Batavis
Bombay
Calcutta
kialphong
||Funków "a
New York Evettia
Honsialn
Farle
Pelping
Yanila
Conver
Sabeer bed Caplis
29.40 28.74 98.29
*.44 up
Paid-up Capitai..
22.60
-21.87" 29.62 22.91
Reserve Fund and Best,
31, up
£3,000,000
21,800,000
21,050,000
21,254,537
45.58 11 Commodity Index
89.08 6.63
89.54 48 up $1,85 .32 up Business Done:-1,150,000 shares