£
#
War Loan, 3% (Red.
after 1952) Change Canton-Kloon Rly. 5% Chinese 41% Gold Loan
American Cyanamid B.
1011 6
Amer. & Foreign Power
-Amer & Foreign $7 pf.
Amer. Locomotive
37-1/8 37-1/8
35
33-5/8
35 33-5/8 33-5/8.
37-1/8 35
unch
"1898 (Brit. Issue)...... Chinese 5% Gold Bonds,
1925-47...
30
Amer. Metals Co.
Amer. Radiator
Amet, Rolling Mili
Chin, 41% Anglo-French
Loan, 1908
Amer. S'ting and, Frig Co..
Amer. Sugar Refining
Change unch.
Chinese 5% Orisp Loan.
1912
Amer. Tel & Tel
12
Amer, Tobacco "B"
"
Chinese 5 Reorg. Loan.
1918 (Ldn. Is.)
Amer. Waterworks
18
Anaconda Copper
"J
The
NEW
-New-York-Cotton-Dec.-...
9.58
New York Rubber, Dec.
Chicago. Wheat, Dec.
828
Chicago Corn, Dec. New York Hides, Dec.
APRIL-JUNE
The market was quiet.
NEW YORK COTTON: The market looks higher:
strength of October option, indicates an eazer demand and a scarcity of contracts.
CHICAGO WHEAT: The market remains fundamentally unchanged.
• NEW YORK STOCKS: Previous close. 134.97; Today's close, 135.00:
Change, up 12.
YORK COMMODITY. MARKET
(REUTER'S SERVICE)
(German Issue) Lung Tang & U. Hal
Rly. 5% 1913 Shal-N’Elg Ply. An Tentsin-Pukow Rly. 5%
(Brit. Stpd:)
(German Stpd) ..................... entsin-Pukow Rly. 5% Prev. Today's
(Brit. Stpd, Supl.- Loan) (8 9.55 9.6S
9.57 .02 upTientsin-Pukow- Rly:- 5%-
unch. 19.52b 19.52b
(Ger. Stpd. Supl: Loan) 8 unch. 817 817
Jap. 5% Ster. Loan, 1924 22 571 571 583 57+ of Ger. 7% Intl. Loan, 1924 5 10.80 10.74.06 off Chartered Bank 10,88 -10.74
Chrysler Corpn..
Chinese 85% Ster. Noter,
1925 (Vickers)
Atchison, T. & S. Fe.
unch.
Aviation Corp.
Chin. Imperial Rix. 5%
Loan
Baldwin Lecometivë.
41
Baltimore & Ohlo
PAGE 10--HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
PAYNE & CO.
·COMMODITY · BROKERS STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY
MÅRKET REVIEW (FROM PAYNE & CO.) ·
NEW YORK, Oct. 9, 1940.
SINGAPORE RUBBER
8. POT JAN.-MAR
J
APR-JUNE
Previous
October 3 Close Opening Closing Buyers Buyers
The market was quiet.
LONDON RUBBER
Previous close Today's close
SPOT
NOVEMBER
DECEMBER
JAN.-MAR
buyers-
buyers
11-13/16
11-13/16
11-7/8
11-7/8
11-7/8
11-7/8
11-13/16
11-13/18
11-11 16
11-11/18
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Oct. 3.
The following quotations are the middle prices at" the close of the market in London. All quotations. | are subject to gonfirmation and no
responsibility is assumed for errors, In transmission.
*
=
NEW YORK STOCK EXCHANGE
STOCKS
Adams Expres Alleghany Steel Co... Allis Chalmers... Aluminium Ltd. .......... Amer. Can ***
QUOTATIONTM
(REUTER'S SERVICE)
OCTOBER 4, 1948,
SATURDAY, OCTOBER 5, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital........ #60,000,000
INDIA, AUSTRALIA
AND CHINA
Issued & Fully Paid-Up #30,000,000 Incorporated by Royal Charter, 1888
Reserva Funds: Sterling
Paid-Up Capital $8,500,000 Reserve Fund...
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro-
Hon. Mr. T. E. Pearce,
Hoa. Mr. A. L Shields, Sir Fandeleur M. Grayburn,
Chief Manager.
Johore Rangoon
Saigon
prietors
£3,000,000
£9,000,000
......................£3,000,000 HEAD OFFICE: LONDON: 38, Bishopsgate. E.C.2-- Sub-Agencies In London: 117/129, Leadenhall Street, E.C.
West End Branch:
14/16, Cookapar Street, S.WI Manchester Branch: 68, Mosley Street, Manchester, 2.
AGENCIES AND BRANCHES.
HARBIN PENANG HONG KONG RANDOOR
ALOR STAR AMRITHAR
MAXGXOX
BATAVIA
LOLLI IPON
BOMBAY
CALCUTTA
AGENCIES: CLAVE STEKET Faix Pa CAHTON
CAWNPORI
1
KARAOH'I
KLANG TORE KDALA-
BAIGON
BEIMBAN
SHANGHAI
SINGAPORS
SITIAWAN
* SOURABAYA
LUMPUR
KUCHING
MADRAS
MANILA
TAIPING THENYBUN TONGEA
(Bhuket)
KINOTAM YOKOHAMA
Laat Sale
STOCKS
Last Sale
Reserve Liability of
· Oct. 3
Oct. 3
Proprietors.
$20,000,000
51
Loew's Inc.
251
Head Omeo:--HONG KONG
*3
Loft Incorporated
191
25
Mack Truck Inc.
26
85
Martin, Glen La pen.
324
Board of Directors: H. V. Wilkinson, Esq.;
"
101}
McKesson & Robaina, píd 273
Chairman.
371
Montgomery Ward
424
11
M'talh City Copper Co.
31
Hon. Mr. J. J. Paterson,
·Deputy Chairman,
· 164
". [National Aviation
101
161
Nat, Dairy Products
131
J. E. Bousfeld, Esq., A. H. Compton, Esq.,
161
National Distillers
221
Hon. Mr. S. H. Dodwell,"
7.
National Lead
189
G. Miskin, Esq
123
Nat, Fower & Light
K. S. Morrison, Esq.,
42Y
National Supply Corp.
New York Cential...
151
C. C. Roberts, Esq.,
164
Niagara Hudson Power
41
781
N. American Aviation
171
9
North American Co.
173
223
Northern Pacific
Th
171
Owens-Illinois Glasa Co..
57:
"Branches:
CEBU
#
Pacific Gas de Elec
291
Amoy
171
Packard Motora
31
Bangkok
Kobe
COLOMBO DELHI
42.
Pan-American Always
15)
"Batavia
Kowloon San
relative
Honan Rly, 5%
10
Barber. Asphalt Co.
11
Paramount Pictures
71
Bombay
Kuala
Francisco
Huruang Rly 5%, 1911...
(LP, N/Y Issue)
Barnsdall N
8
Calcutta
Pennsylvania R.R
Lumpar Shanghai
Canton
12
Loadou
Bendix Aviation
32
Rukuang Aly. 5%, 1913
Philadelphia Read, Coal
Singapore
Chefoo:
Lyons
Bethlehem Steel
812
Phillips Petroleum
Sourabaya
Colombo
Malacca
10
Bliss & Co.
15
Public Service of NJ.
33
Sungol
Dairen
!
Manila
Boeing Airplane Co.
161
Pullman Ing
244
Focehow Muár
Patani Statow
R
Borg-Warner,
191
Pure Oil".
7
1:2
Briggs Mfg. .......
221
Radio Corpn. of Äṁ.
Budd M'facturing Corp.
42
Reading Company,
Com, 154
Harbin
New York
Hoile
Canadian Pacific R'way
37
Remington Arms Co., Inc.
དྷ་
Peiping..
Tsingtao Yokohama
Tientsin-Pukow Rly." 5%
Case, JI
574
Republic Aviation "Corp.
51
Ipob
**
Celanese ***
29
Republic Steel-
187
Chesapeake & Ohio
...... 401
Revere Corp.
114
8C
Reynold Tobac. "B",
35
Columbia Gas & Elec
51
Safeway Stores
421
Commercial Credit Co. Com, & Southern (Ord.)
31
Schenley Distillers
101
1
Sears, Roebuck
831
Consolidated. Edison
26
Shell Union Oll
87
81
Consolidated Oll
57
Socony-Vacunum Ofl
81
NEW YORK COTTON
Close
Opening
Closing
Change
HK. & 8'hal Bank (Ldn.
Continental Can
404
Southern Pacific
91
Reg.)
64
Continental ou
171
Bouthern Rly $5 pfd.
22
Oct. (New contract)
9.56/58
9.56/56
9.58/58
.02 up
K.K. & S'hai. Bank (Col.
Copperweld steel
204
Spicer Manufacturing Co. 36
December (
9.55/55
9.56/56
9.57/68
.02 up
Reg)
71
Curtiss Wright. (C.)
7}
Standard Brands
61
January {
>
9.50 N
9.49b/51a
9.52m
March
{
9.49/49
9.50/50
0.51/51
.02 .02 up
קט
Chinese Eng. & Mining
(bearer)
Curtiss Wright "A"
272
Stand Gas & Elec.......
1#
14
Deere & Co.
201
Standard Ofl of California
177
May
(
9.34/34
9.34/34
9.36736
.02 up Chosen Corporation
4.
Distillers Corpn. Seagrams
17
Standard Oll of NJ,
331
July
9.13/13
9.13/13
Spot
9.71 N
0.14/14 9.71n
.01 up Pekin Syndicate ..
unch.
2
Douglas Aircraft
794
Stone & Webster
83
P
Total sales Wednesday:-56,600 bales."
NEW YORK RUBBER
S'hal Elec, Constr. Cò. S'hal Waterworks “A” Union Insurarice:
153
Du Pont de Nemours
1792
Studebaker Com
13
Eagle Picher Lead
Swift International
174.
20
Eaton Mfg. Co.
341
Technicolor
"
December
January
March
May
19.52b
19.47b
19.37b
19.30/30
19.65b/66a 19.52b 19.46/46... 19.46/48 19.37b/403 19.40/40 10.25b/35a 19.30/30
unch.
Gula Kalumpang Rubber B.-A. Tob. (bearer)....
13/9
Elec. Autolite
37+
Texas Corps.
35$
,80
Elec Bond & Share........
51
Texas Gulf Sulphur
341
01 off
Mercantile Bank ......
10平
Elec, Bond & Share $5 pt.
66
Timken-Axte
287
,03 up
Dunlop Rubber ..
28/9
Elec. Bond & Share $8 pf.
744
Trans-America Co.
47
unch.
Bristol Aeroplane
9,14
Elec. Power & Light $7 pf.
38
20th Cent. Fox
51
Imperial Chemical Ind.
Pintkote
18
Total sales:--280 tons.
CHICAGO WHEAT
Union Bag & Paper Corp.
12)
United Steel...
17/14
Gen. American Trana.
50
Union Carbide & Carbon
751
Woolworths
57/3
Gen. Electric
354
Union Pacific
...
85
Maramal Investments
8/9
Gen. Motors
50
United Aircraft
December"
May
811/82 81/813
82+/82) 813/82 812/811 811/81
unch
Western Holdings
10
Gen. Railway Signal
161
United Airlines Trans ......
401 17*
unch.
Sub-Nigel
160
Gen. Tire & Rubber
121
United Corpn.
12
Wednesday's sales::-10,911,000 bushels
CHICAGO CORN
Rhell Trans.
39
Trad.
Glidden Co.
15
United Corpn. $3 cum pt. 351
(bearer)
35
Goodrich (B.F.)
124
United Gas Corpn.
Nat Defence Bonds, 3%
1011
Goodrich $5 pt.
56**
United Gas Improvement 118
December
May
58a
572/571 59+/59+ 591/591
London-Midlands-Scot-
574/571 581/581
off
Goodyear Tire & Co.
16
U.S., Industrual Alcohol,
237
off
tish. 3%
114.
Great Northern Iron Ore
154
U.8. Rubber
.20
Great Western Rail-
Great Northern Rly, pfd.
281
US. Rubber så pid.
77+
WINNIPEG
WHEAT
way. 3%
271
Great Western Sugar
104
US, Smelting
*831+
Nat Bank of India. 3%
241
October
70%/701
*.702/704
701/70
off
Greyhound Corpn.
118
US. Steel
601
.F
Hercules Powder Co.
81
Vanadium «"Si.
327
*
NEW YORK HIDES
Homestake Mining
454
Vulter Aircraft .....
DI
Int Nickel
277
December
March
10.80b/81a 10.80/86 10,70/70 10.73/77
Walworth Co.
5
10.74/74 10.65/65
.06 off 05 oft
Inter. Paper & Power
142
Warner Bros. Pict.
21
Int. Tel. & Tely
21*
Westinghouse Elec.
1081
NY-Official Bilver
Total sales for the day:-73 contracts,
NY-London Cross Rate 4.03-1/2
Kenrecott Copper
311
Woodward Iron Cor.
291
34-3/4
34-3/4
4.03-1/2
Lakey Foundry & Mac..... Libbey-Owens-Ford Glass Lockheed "Aircraft
4.
Chase National Bank
30*
443
National City Bank
243*
292
Haiphong (Johore) Tientsin Bankow Mukden Tokyo.
Penang
(Peking)
FORGE EXCEANGS and Generas Banking Business transacted.
CURRENT ACousin opened and FIXED DIPOrra received for One Year or shorter periods in Local or Other Currencies at ratas which will be quoted an application.
SAVINGS ACCOUrmi also opened in Locat Currency and Sterling with CURRENT ACCOUNTS opened In interest allowed at rates obtainabla LOCAL CUBRENCY and FIXED Duarte on" application. received for one year or sharter The Bank's Head Office in Londra periods in Local and other Cur-andertakes Executor and Trudea terms which will be business, and claims recovery of British Income Taz overpaid, on
rencies on quoted on application.
Atao up to date BATE DEPOSIT terms which may be ascertained Boxes in various sizes To Lar
any of the Agencies and Branches. Hong Kong. 28th February, 1940.
R. A. CAMIDGE,
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.
Y. M. GRAYBURN,
Chief Manager. «Hong Kong, 28th Feb., 1939,
THE CHASE BANK
18, QUEEN'S ROAD, CENTRAL
·HEAD OFFICE:
18, PINE BRENT,
NEW YORK. An American Bank offering com plete Foreign Banking Service in the principal Markets of thr. world. Interest Rates on Application..
SAFE DEPOSIT BOXÉS"
This Bank is entirely owned by
THE CHASE NATIONAL BANK New York, with Essources of arek U.S.$2,900,000,000.
D. M. BIGGAR,
Second Fips Pras
THE MERCANTILE BANK OF INDIA, LIMITED
Hoad Office:-1, Gracechurch Street: London, EC3
Manager
BANK OF EAST ASIA, LIMITED
5,698,800.00
Authorized Capital.....$10,000,000.00 Paid-Up Capital Reserve and Undivided tha
Profits
....2,433,261,6@
Head Office:HONG KONG No. 10 Des Voeux Road, Central
Board of Directort: NIE SKOTEON Crow, Chairman i Koon Chan Bay. Li Lad Băng, Esq. P. K. Kwok. Eaq. Wang Cha Son, Esq. Wong Yun Tang, Eng Kan Ting Poy g Chan Ching Abok, Kez, Fung Phng Wah Eq. KAN TONG PO, Esq., Chief Manager LI THE FONG, EB, Manager
Bombay
Branches and Agencies:
Pasig
(London: Banzón
Badron
Migagora
BOUGAOSYS
Malheurne Ban STAD- Sydney
Colson Masti
New York Baxtie
Shangtial
Conver
Every description of Banking and Exchange business transacted. Loans granted on approved securities
Current Accounts opened la Löckl Currency and Fixed Deposita re ceived for one year or shorter periods in Local and Foreign Onr- rencies on terms, which will 16 quoted on application.
SAVE EkrobiT BUTES TO LAT.
KAN TONG PO,
Chief Manager.
HAIPHONG HAMBURO HANKOW
MEDAB NEW YORK PRIPING
Amay
Batavia
Horloge
Calcutta Malposing Fankow
Loo
Peipiag
DOW JONES AVERAGE
Oct. 2,
134.07
29.37
• Oct. 4. 1940.. High Low Close 13580-13458 135,09 29.66 28.26 29.37
Change
,12 up
Authorised Capt
Sabacc bed Capital
.39 up
Priday Capita
22 02
22.18 21.81 22.00
,0% off
Reserve Fund and Kest,
90.45
Commodity Index
53,25
90.59 4 úp 53.25.10 sà Business Done:-760,000 shares
LONDON, STOCK
EXCHANGE
LONDON, Oct. 4
(Reuter)
In the Stock Exchange yesterday. Industrials sharply advanced on continued good demand while Kaffira improved after the com-
WEEKLY RETURNS AND REPORTS pletion of an early bout of profit
Public DepoɛİDE
Other Deposita:--
Bankel ...........
Accounta
Beonrities
taking.
Gilt-edged
were initially dull but there were indications of firmer tone in the late session. Rhodesian Coppers benefitted by buying
Wall Street was firm.
BANK OF ENGLAND
LONDON, Oct. 3 (Reuter).
Sept. 26.
Oct. 3 £
13,530
11.270
-115,080
1011270
51,900
$3,360
187,880
154,620
G
Other Beau
Securities
Total
Notes and Coins
147,810
142,560
Discounts and Advances
✓ 3,540
2,800
£1,980
23,020
25,620
25,820
26,280
25.640
Total Bullion
1,040
000
Notes in circulation
504,760
606:260
Ratio of Réserve to Liabilities
14.48%
14.57%
Price of Gold at which holdings are valued
168/-"
168/-
TO
1940.. High Low Dow Jones Averages 152.80 111.84 30 Industrials
32.67 22.10.20 Bails 26.45 18.03. 20 90.81 83.06 40 "Bonds 64.07 48 47
Utilities
FEDERAL RESERVE SYSTÉM
NEW YORK Oct: 3 (Reuter).
Bills Bought
US. Securities held
Federal Reserve Ratio
Federal Reserve Gredit Outstanding Monetary Gold Stock Industrial AdvRZIDES
LONDON METALS
EXCHANGE
· · London, Ost. 3 (Reuter),
Tin, Standard, Cash, Middle
Price £225-5/8
Tim, Standard, 3 months, Middle Price £259-7/8
Market steady.
Bept. 28 (1930) Bept, 28 Get, a
1000's Ommitted)
$
1,000 2,804,000 2,43,000 2,424,003
8316% -89:63% 30,63%. 2,846,000 2,472,000 2,482,000 16,025,000 21,160,000 21,271,000 11,644,000 8,684,000 8,375,000
BROKERS
LOANS
New York, Oct. 3 (Reiter).. Loan on securities to brokers in New York:
Week-ended to
Week-ended
Week-ended
28/9/39/5/26/9/40 ***=3/10/40”.
| $408,000,000 $301,000,000 $324,000,000
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Passengers
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
"KOBE and OSAKA
SINGAPORE, PENANG. and CALCUTTA
BANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal in the French Concession at Shanghai, where passengers and cargo are landed:
For further particulars
please apply Lamm,
BANKERS:
£1,050,000
The Bank of England and Midland
Bank, Ltd. BRANCHES:
Bangkok [pok
Bombar
Oslastik
Sandy
Kulul
Gaße Hongkong
Kuantan
Karobl
Kota Bharu Kuala Lépla
Kuala TrenggAUR Madri
New York
Fening
Bangood
Shanghai
Bowrab Kuala Lumpur Bhgapore
* HONG KONG BRANCH Every description of Banking and xolange business transautui,
TRUSTEE AND EXECUTORSHIP
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
JAM BANKMALA PAID-UP CAPITAL $40,000,000,00 (BRANCHES ALL OVER CHINA);
T
in China and connections in the Owing to our numerous Branchm
principal Commercial Centres of the World, we are able to extend
· UNDERTAKEN CURRENT LOCOUNT pad Locator Petey and FIXED DEPOSITS 200sived in Local Cordless STERLING on terms, that may be to our Clients special facilities for ascertainedion spj Hestion.
Domestic and Foreign Banking and Екорали о
יי;
D. SENSON
Олапарот
What do
you want ?
If there is anything you want to buy or sell,try
small Classified advertise- ment in the Elong kong Dally Press
JARDINE MATHESON&Co.,LTD. 25 words $1.50 prepaid
TELEPHONE SOJILLÄGENERAL MANAGERS:
for 3 insertions
Hera Omce: SHANGRAI Hong Kong Branch.
4 QUEEN'S ROAD, 0. South China Offices:
CANTON |BWATOW |SHIUOHOW.
KONGMOON TOISHAN KINGCHOW
We also handle the image of Bonds
Chinese Government both at Home.
ad Abroad.
SHOU CHEN,
Manager