Adama Express
Alleghany Steel Co.
Allis Chalmers
Aluminium Ltd,
Amer. Can
American Cyanamid B.
September 14
Amer. & Foreign Power ...
On demand
On India:-
Telegraphie
Buyers
Close Opening Closing
Bufers
37-1/2 37-1/237-1/2
Change
Amer & Foreign $? pi.
Anter, Locomotive ....
Amer. Metals Co.
unch.
Amer. Radiator
OCT, DEC.
JAN.-JUNE
36-1/2 35-1/8
36-1/2 36-1/2 35-1/8 35-1/8
Amer. Rolling Mil Amer. Sting and Ring
The market was dull.
Amer, Sugar Refining
LONDON RUBBER
Previous close Today's close
Amer. Tel, & Tel.
Amer. Tobacco "B"
די
buyers
buyers
Change
Amer. Waterworks
S POT
12-1/8
OCTOBER
12-3/18
Anaconda Copper
NOVEMBER
12-37180
Market dosed.
Atchison, T-8. Pem
JAN.-MAR
9 1/4
APRIL-JUNE
12-1/18 11-13/18
Aviation Corp.
Baldwin Lecometive
· On Manila:-
Baltimore & Ohio
43 3/4
NEW YORK RUBBER: August consumption of rubber, in the United States amounted to 50,000 tons.
Barber Asphalt Co.
Barnsdall Ou
On demand
149 1/2
On Sterling Notes:-
CHICAGO WHEAT: The cash situation remains the strong and principal 'factor.
Bendix Aviation
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND
EXCHANGE
CLOSING QUOTATIONS
SEPTEMBER 16, 1940.
On London:---
Telegraphic
Transfer. 1/7/5
Bank Bills, on demand 1/2 7/6
Credits 4 months' sight 1-3 1/9
On Shanghai:--
On demand
On Singapore:-
On demand
On Japan:-
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING "HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
い
405
62 3/4
NEW YORK, September 14, 1940.
Previous
105
and demand
On New York:-
Transfer.1
pred
SINGAPORE RUBBER
82 1/2 S POT
Bark Bills, on demand 21 7/8 Credits, 60 days' sight 22 3/4
On Eatavia:-
4.
On demand 40 7/8
On Paris:-
Bank Bills, on demand 1085 Credits 4 months' aight 1160"
On Saigon:-
On demand
On demand
On Bangkok:-
13
NEW YORK STOCK EXCHANGE
STOCKS
QUOTATION
(REUTER'S SERVICE)
SEPTEMBER 15, 1940.
TUESDAY, SEPTEMBER 17, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital..... $50,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up 890,000,000 Incorporated, by Royal Charter, 1858
Reserve Funds: Sterling
....... £5,500,000 Reserve Fund
Paid-Up Capital
Chairman.
Deputy Chairman,
J. K. Bousfield, Esq., A. H. Compton, Esq.,
HEAD OFFICE: LONDON: 38, Bishopsgate E.0.3. Sub-Agencies In London: 117/199, Leadenhall Street, E.C.S West End Branch: 14/16, Cockspur Street, S.W.1 Manchester Branch: Mosley Street, Manchester, AGENCIES AND BRANCHES -
HARBI
PENANG HONG KONG BANGUOU ILOILO ІРОН KARACHI
ALOR STAR AMRITSAR MANGKOK BATAVIA
BOMBAY
..£9,000,000
Last Sale
STOCKS
Sept 14
Last Sale Sept. 14
Proprietors
$90,000,000
H.K. Currency Reserve $10,000,000 Reserve Liability of Fro Reserve Liability of
prietors......
£3,000,000
„£3,000,000
Loew's Inc.
25
20
Loft Incorperated
204
Head Office:-HONG KONG D
32.
Mack Truck Inc.
22
78
Martin, Glen L
301
964
McKesson & Robbins, pid. 201*
- Board of Directors: H. V. Wilkinson, Esq.,
342
Montgomery Ward
39
{*!
M'tain City Copper Co.
31*
Hon. Mr. J. J. Paterson,
15
National Aviation
101
134
Nat, Dairy Products
134
***
16
National Distillers
208.
71
National Lead.......
163
Hon. Mr. S. H. Dodwell,
114
Nat, Power & Light
G. Miskin, Esq.,
Co., 38
National Supply Corp.
51*
K. S. Morrison, Esq.,
13*
T. E. Pearce, Esq.,
BAIGON
New York Central
14
1623 TO
C. C. Robarts, Esq.,
BEREMBAN
Niagara Hudson Power
41
Hon. Mr. A. L Shields,
SHANGHAI
N. American Aviation
162
North American Co.
184
Sir Vandeleur M. Graybarn,
-211
Northern Parite
7
Chief Manager. FAILIE PLACE
CALOUTTA KLANG AGENCIES: KORE CLAVE STRET
KUALA
SINGAPORE RITIAWAN
JOURABAYA
157
LOANTON~~~utin-LUKTUR~~~TAIPING
Owens-Hitnuty Glass Co.
41
Pacific Gas & Elec
291
14
Packard Motors
31
Amoy
Branches: Jobore
4
Bangkok
Kobe
Pan-American Airways
144
Batavia
Kowloon
Bethlehem Steel
Bank Buying Rate
1/5 1/2
Bar Silver per oz:
23 7/16
NEW YORK STOCKS: 128.38; Change, up 64.
Previous close, 127.74; Today's close.
Bliss Co.
Boeing Airplane Co.
Borg Warner
January ( March
(
Market Report
FROM ROZA BROS.
Monday, Sept. 18.
unchanged
Silver prices were
NEW YORK COMMODITY MARKET
over the week-end, the quotations New York Cotton, Dec. remaining at 23.7/16 for Ready New York Rubber, Dec. and 23.1/4 for Forward, American Chicago. Wheat, Dec. Silver was unquoted.
Chicago Corn, Dec.
The London-New York cross- New York Hides, Dec. rate was quoted at 402.1/2. New
NEW YORK COTTON York-London was quoted at 403.-| 3/4.
Quiet.
MARKET
STERLING
Oct. (New contract) 9.32/32 December ( ).... 9.26/27′′
Briggs Mfg.
Budd Mfacturing Corp.
Canadian Pacific Riway
Case, J
(REUTER'S SERVICE)
Celanese
19.00 19.00
761" 76 781 57) 561 9.50 9.36
Prev. Today's High Low Close.. Close Change 9.27 9.25 9.26 9.25 01. off
18.95b 18.95b
761 564 5646
Chesapeake & Ohio
Chrysler Corpn.
Columbia Gas & Eléc.
unch.
Commercial Credit Co.
up
Com, & Southern (Ord.)
up
Consolidated Edison
9.48b 9.50b
04, up
Consolidated" Of
Close
Opening
Closing
Change
Continental Can
9.32/32
Continental Oil
J.
9.31/31
,01 off
9.28/26
9.16 N
9.14b
"
..)
8.11/11
9.09/09
9.25/20 9.15n .9.11/11
".01 of
Copperweld Steel
.01 off
Curtiss Wright (C)
unch
Curtiss Wright."A"
There were sellers at 1/2.31/32 up to December, buyers at 1/3 for for near and probably for forward delivery.
May
(
........
8.91 N
8.92/92
8.92/92
01 up.
Deere & Co.
July
<
> ...... 8.72/72
.8.72/12 -
8.72/72
unch.
Distillers Corpn. Seagram's
Spot
9.62 N
9.6in
01. of
Douglas Aircraft
Du Pont de Nemours.
Total sales Friday:-37,300 bales..
Eagle Picher DeadTM
U.S. DOLLARS
A small business was done dur the course of the morning at 22 5/18 for Cash, The market closed at lunch time with sellers at 22. 1/4 for near and probably 22.5/16 November, buyers at 225/16 for Cash and 22.3/8 Noyember.
SHANGHAI DOLLARS Sellers at 417, buyers at 417.1/27
SHANGHAI MARKET
The Shanghai Exchange market was closed today.
NEW YORK RUBBER December January March
Eaton Mfg. Co.,
18.35b
18.93b/98a 18.95b
unch.
Elec. Autolite
18.89b
unquoted 18.85b
Elec Bond & Share
18.78b
18.79b
18.78b
Mec. Bond & Share $5 pt.
May
18.72b
unquoted 18.72b
Elec Bond & Share Se pf. 71.
Total sales:-110 tons. CHICAGO WHEAT December May
Elec. Power & Light $7 pf... 351 Fathom
Gen, American Trans.
76/781
761/761:
763/76 7847764
781/781 +76/781
up
Gen: Electric
unch.
Gen. Motors
Friday's sales:-7,318,000 bushels. CHICAGO CORN
Gen: Rallway Signal
Gen. Tire & Rubber
Glidden Co.
September
831/633
637a
up
Goodrich (B.F.).....
December
"AFTERNOON MARKET
Dull,
STERLING
May
564/562 561/564 58/58
5670
up
58/58
573b
off
98
Goodrich $5 pr.:
Goodyear Tire & Co.
WINNIPEG WHEAT" October
Great Northern Iron Ore
73 a
7328
Great Northern Rly, pfd.
739a
unch.
Great Western Bugar.
Greyhound Corpn.
9.46b/48a 9.68b
9.43b/57a 9.57b/70a
9.50b 9.68/68
.04 up unch.
Hercules Powder Co
International Harvester
Int Nickel
Inter. Paper & Power
9.996
unquoted 4.03-3/4
9.95b/10.04a 9.99/99.
Int. Tel. & Tek
Kentrecott Copper.....
Lakey Foundry & Mac. .........
unch.
Libbey-Owens-Ford· · Glass
Lockneed Aircraft
The market closed with sellers NEX YORK HIDES
at 1/2.31/32 up to December, buy-December
ers at 1/3, for near and probably March for forward delivery.
U.S. DOLLARS
The market closed with sellers at 22.1/4 for near and probably 22.5/18 November, buyers at 22.5/ 16 for Cash and 22.378 November, SHANGHAI DOLLARS Some business was done at 417. 1/2. The market closed with sellers at 417.
Total sales for the day:-37 contracts. NY oficial Silver 34-3/4 NY-London Cross Rate 403-3/4 NEW YORK COPPER FUTURES December
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
Tientsin-Pukow. Rly. 5%
(Brit. 8tpd: Sup: Loan)-8
London, Sept. 13. The following quotations are the More than 45,000 acres of cert!-middle prices at the close of the Tientsin-Pukow Rly. S fied seed potatoes have been enter-market in London. All quotations ed for inspection during 1940.
(Ger Stpd., Bupl Loan) # are subject to confirmation and no Jap. 6% Ster, Loan, 1924 33 This is an increase of 5,000 acres responsibility is assumed for errors Ger. T% Intl. Loan, 1924 5 over the entries for 1939. Entries in transmission
B
1939/40
-bid.
1-ex, 'div.
DOW JONES AVERAGE
High Low Dow Jones Averages 152.80 111.84 30
32 67 22.15 20 Rails
Industrials
29.45 18.03 20
Utilities
90.61 83.00:40 Bonds
84.07 49.74 11 Commodity Index
Sept. 15, 1840.
High Low Close
128.50 127.81 128.38
Sept. 13
Change 127.74
64 up 27.70 27.87697.74 27,84 14 mp $1.65 21.78 91,8421.73 .07 up 88.87,
88,91.04 up- $1.16 05 up Business Done:-170,000 shares
61.11:
BAIERONG Francisco
- PRIPING
HAMBURG Lumpur Shanghai
BANIOW Singapore
Soursbaya
Patani Swatow:" (Johore) Tientsin
Tokyo New York Tsingtao
Peiping Yukodismis
(Peking)
FOREIGN EXCHANGE and Generat Banking Business transacted
CURRENT A000s opened and FIXED DEPOSITS 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 Looal Currency and Sterling with
CURRENT ACCOUNTS opened in interest allowed at rates "obtainabin LOCAL CURRENCY, and Fixed Deposits on application. received for ene
year or shorter) The Bank's Head Office in London perioda in Local and other Cur undertakes Executor and Trustee rencies on terms which will be business, and claims recovery of British Income Tax overpaid, on
quoted on application.
ALSO up to date SAFE DEPOSIT terms which may be ascertained at
any of the Agencies and Branches.
B. A. CAMIDGE,
Manager.
BOXES in various sizes To Lar 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 ed on application.
For the HONGKONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Hanager, Hong Kong, 25th Feb., 1830.
THE CHASE BANK
"16, QUEEN'S ROAD, CENTRA
HEAD OFFICE:
18, PINE STREET,
NEW YORK An American Bank offering com
plete Foreign Banking Servic in the principal Markets of the
BANK OF EAST ASIA,
→ LIMITED
5,698,600.00
Authorized Capital...$10,000,000.00 Paid-Up Capital Beserve and Undivided.
Profits....
2, C3,261.58
Head Office:-HONG KONG No. 10 Des Voeux Road, Central. Board of Directors: 818 SKOTON. Cnow, Chairman Li Koon Chan, Esq. Li Lan Sang, Esq. P. K. Kwok, Esq. Wong Chu Son, Esq. Wong Tan Tong, Esq. Kan Ying P, Bag Ckan Ching Bhuk, Key, Fang Ping Wah Bag KAN TONG PO, EBQ., Chief Manager L Tax Fono, Esa., Manager
Penang
Branches and Agencies:··
Karloos Loudon Hangoon Bourabaya Manile afgron SWLLOW Melbourne Bus Fran- Bydary Bagama'ka dlage. Clastin
This Bank is entirely owned by Hola!a.
THE CHASE NATIONAL BANT NEW YORK, with Rescurces of ovrij U.8.$7,900,000,000
D. M. BIGGAR
Bacond Fice" Proj
A Job
WANT ADS
Paylag
Bemaran Shangha
Every description of Banking and Exchange business transacted. Loans grasted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposits re ceived for one year or shorter periods in Local and Foreign, Cur- rencies on terms which will be quoted on application.
SAFE CEPOSIT BOXES TO LET
"KAN TONG PO,
Chief Manager
Rangoon Saigon San
CAWNFORA CXBU COLOMBO
KOCHING
TIENTSIN
MADRAS
TONGRAH
MANILA
DELHI
MEDAN
10*
Paramount Pictures
53
81
Bombay Kuala
NEW YORK
(Bhuket)
TSINGTAO YOKOHAMA
Pennsylvania RR -
21...
Calcutta
294
Philadelphia Read, Coal
Canton London
761
Phillips Petroleum
35+
Chefoo Lyons
137
Public Service of NJ,
347*
Colombo
Malacca Sungei
151
Pullman Inc........
199
Dairen
Manila
11
174
Foochow
Pure Of
71
Muar
211
Radio Corpa, of Am.
#
Haiphong
4?
Baakow Mukden
Reading Company,
Com 134'
Harbia
31
Remington Arms Co., Ino,
41-
Haile
481
Republic Aviation Corp. ....
5
Ipob
Penang
28
Republic Steel
17
391
Revere Corp.
83*
751
Reynold Tobac. "B"
35+
51
Safeway Stores,
421*
31+
Schenley Distillers
91
11
Sears Roebuck
81.
27
Shell Unton Oil .......
B1*
Socony-Vacunum Of
B
331*
Southern Pacific
8+
173*
Southern Rly $5 pfd.
191
18
Spicer Manufacturing Co. 31
71
Standard Brands...........
By
251
Stand Gas & Mec.
14
161
Standard Oil of California
180*
161
Standard Oil of N.J.
344
741
Store & Webster ...
167
Studebaker. Com, ".
71
Swut International
18
304
Technicolor
10*
343*
Texas Corpn.
354
51.
Texes, Gulf Sulphur
31*
623*
Timken-Axte
25@
Itans-America Co.
41*
20th Cent. Fox
6
141*
Union Bag & Paper Corp.
113
471
Union Carbide & Carbon
713
33
Union Pacific
831
47
United Aircraft
391
United Airlines Trans
158
111%
United Corpn.
14
13
United Corpn. $3 eum pf. 364
121
United Gas Corpn.
11
52*
United Gas Improvement 111
157
US, `Industrial Alcohol.
181*
·14
US... Rubber
22.
251
VE, Rubber $8 pfd......
·84
world.
201
US. Steel
57*
107*
Interest Rates on Application.
Ampy
Vanadium,
543
Batarin
Singaporn
203*
Valtee. Aircraft
30
SAFE DEPOSIT BOXES
Bombay Calentin
46
Walworth Co
81*
Haiphong
Bankow
283
New York. Seattle
Warner Bros. Pict
4R
Parts
141
Kobe
Westinghouse, Elec,
21.
*24*
Woodward Iron Cor
1031
27}
Chase National Bank'
201
34
National City Bank..
· 291*
401
US Smelting
274
INDO-CHINA
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
STEAM NAVIGATION COMPANY LTD, PATD-UP CAPITAL $40,000,000.0
Chartered Bank.
from Prince Edward Island in-
£.
creased from 20,000 to 23,000
k7% & 5Thái Bark (Lon.
Reg.,
acres, and New Brunswick from Var Loan, 31% (Red 14,000 to 16,000. The principal
H.K. & 8'hal Bank' (Col.
after 1952)
1007
Reg)
entries were Green Mountain, 21,-| Janton-Kloon Rly, 5% 7 000 acres: Irish Cobbler, 14,000 | Chinese 41%, Gold, Loan" "RCIER," "AND"Katahdin, 0,000;
Chinese Eng & Mining.
(beårer)
~~1898 (Brit." "IISUS)"
Chosen Corporation
Chinese 5% Gold-Bonds,
1925-47....
Pekin Syndicate ...........
35
S'hal Elec. Constr. Co...
15
Operating Services for Cargo and Passengers
Chin. 41% Anglo-French
Shai Waterworks "A"
13
TO-
Loan, 1908 Chinese 5% Crisp Loan.
Union Insurance
20
Gula Kalumpang Rubber 13/0
SWATOW, SHANGHAL, TSINGTAU, CHEFOO
1912. Chinese 5% Reorg. Loan,
1913 (Lda. Is,)
12
B.-A. Tob. (bearer)
78/3
Mercantile Bank
Dunlop Rubber
Bristol Aeroplane
11-1/18 28 8.
Imperial Chemical Ind. 25/71"
United Steel-·······
17/
Woolworths
55/9
Marsman Investments ..i
Western Holdings
8/9 g
Sub-Nigel
157/0
11
Shell Trans & Trad
Dearer)
DONT FORGET
THAT WHEN You are at Home you can get the HONG KONG DAILY PRESS at SELFRIDGES.
Chinese &% Ster. Noter."
1925 (Vickers)
Chin Imperial Rly.
Loan
Honan Rly, 5%
Hukuang Rly. 5%, 1911
(LPN/ Issue) Fukuang Rly; 5%, 1911
German Issue) Lung Tsing & U. Hai
Riy, 5% 1913,
Web
S'hai-N'King Rly. 5% 12 Tientsin-Pukow Rly. 6%
(Brit, Stpd.) Tientsin-Pukow Rly." 5%
(German Stpd)
·36/101 Nat Defence Bonds; 3% 1013 London-Midlands-
tish. 1%
Great Western Bau
way. 3%
Nat. Bank of India. 3%
t-ex-dividena
11
ཟ་སླ་བ་
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamera berth alongside the Roosvelt Terminal, in the French Concession at Shanghai, where passengers and cargo are landed.
For further particulars
please apply to-
TELEPHONE ZOSIL GENERAL MANAGERS
IESON& Co., LTD.
(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 China Offrost
CANTON
SWATOW
SHIUCHOW
KONGMOON TUISHAN
KINGCHOW
We also handle the is
issue of Bonds? and other Publis Funds of the Chinese Government both at Home and Abroad.
SHOU J. CHEN,
Manager.