Adams Express
Alleghany Steel Co.
400
Allis Chalmers
82 3/4
Luminium Ltd,
Amer. Can
PAGE 10-HONGKONG DAILY PRESS
il
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
OCTOBER 1, 1940.
On London:-
Telegraphic Transfer. 1/2 7/8 Bank Bills, on demand 1/8 7/9 Credits 4 monthư sight 1.31/2 On Shanghai:-
On demand
On Singapore:-
On demand
On Japank-**
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO)
NEW YORK STOCK EXCHANGE
STOCKS
·QUOTATION
(REUTER'S SERVICE)
OCTOBER ́6-1940
TUESDAY, OCTOBER 8, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
E.K. Currency Reserve $10,000,000 Reserve Liability of Pro- Reserve Liability of
BANKING CORPORATION
INDIA, AUSTRALIA 'AND' CHINA
Authorised Capital................. $50,000,000
Issued Fully Paid-Up: $90,000,000 Incorporated by Royal Charter, 1830
Reserve Funds:
Sterling
Paid-Up Capital £6,500,000 Reserve Fund
£3,000,000
£3,000,000
A
Last Sale
* STOCKS
Last Sale
prietors.
£3,000,000
Proprietors.
$90,000,000 ·
Oct. 5
Oct. 5
HEAD OFFICE: LONDON:
“་
Loew's Inc.
264
Head Ofco:-HONG KONG.
22.
Loft Incorperated
201
35
Mack Truck Inɛ.
251
Board of Directora:
**25*.
Martin, Glen L
32
H. V. Wilkinson,, Esq.,
091*
McKesson & Robbins, pí4. 201
On demand
On India:-
Telegraphic
On New York:-
108..
NEW YORK, Oct-5-1940.
American Cyanamid B....
30
Montgomery Ward
421
Transfer,
SINGAPORE RUBBER
and demand.........
Bank Bills, on demand 22 7/8
Credits, 80 days' sight 23 3/4
82 1/2
S P Q T
[JAN.-MAR.
APR.-JUNE
Previous October 5.
Close Opening Closing Buyers Buyers .37-1/4 37-1/4
-37-3/8 35-1/4 35-1/4 35-3/8 33-7/8 33-1/4 33-3/4
Amer. & Foreign Power
M'ian City Copper Co.
-3F
Chairman. Hon. Mr. J. J. Paterson,
-Deputy Chairman.
Change
up 1/8
Amer Amer, Locomotive
& Foreign 37 pi.
16
National-Aviation
11.
16
Nat Dairy Products
131
Amer. Metals Co. ....
162*
National Distillers
221
Amer. Radiator
78
National Lead
181
Amer Rolling Mili
121...
Nat, Fower & Light
73*
On Batavia:-
On demand
42 3/4
ני
The market was Arm. LONDON RUBBER
Amer. Sting and Ring Co.
431
National Supply Corp.
61
Frevious close Today's close
Amer. Sugar Reining
137
New York Cential
15
On Paris:-"
buyers
buyers
Bank Bills, o deinand 1085
Credits 4 months' sight 1160-
SPOT
11-13/16
Change Market closed.
Amer. Tel. Tel.
1831
Niagara Hudson Power
Anter. Tobacco "B" Amer, Waterworks
48
N. American Aviation
174
8
North American (Co.
19
NOVEMBER
11-7/8
On Saigon:--
Anaconda Copper.
221
Northern Fastfic
71
On demand
'99 1/2
DECEMBER
11-7/8
*
JAN.-MAR.
11-13/16
On Manila:-
On demand
45 3/4
APRIL-JUNE
11-13/18
Market closed.
Atchison, T. & 8. e. Aviation Corp. Baldwin Lecometive
17
Owens-flmets Glass Co.
36"
n
41
Paelfte Gas & Elec ́.
:331
Amor
Branches: Johore
167
Packard Motors
3+
Bangkok Kobe
Rangoon Saigon
On Bangkok:-
On demand
7
On Sterling Notes:--
Bank Buying Rate
Now.
Bar Sliver per oz.
237:16
NEW YORK COTTON: The market is reflecting the continuous
trade buying and the scarcity of offerings. NEW YORK RUBBER: There was some short covering and
buying on apprehension over the possibility of shipping plications
Baltimore & Onio
41
Pan-American Airways
181
Batavia
Kowloon
San
الي
Barber Asphalt Co.
109
Paramount Pictures ...un
71
Bombay
Κεσίς
Francisco
trade
Barnsdall ON
8
Pennsylvania R.R.
227
com-
Canton
Bendix Aviation
317.
Philadelphia Read, Coal
02*
Chefoo
Bethlehem Steel
614
Philips Petroleum
38
Colombu
Malacca
Sungei
Change, up 11
Market Report
FROM ROZA BROS.
CHICAGO WHEAT: The strength of cash markets and of near by Chicago futures reflects Increased diversion into the loan. A leading grath expert favours trading December option between 87 and 80 cents,
Monday, Oct. 7 NEW YORK STOCK: Previous close. 133.79 Today's close, 133.90;
Silver prices were unchanged over the week-end, the gusta- tions emaining at 23.7/18 for "Ready and 23.5/16 for Forward. American Silver was unaoted."
The London/New York cross- rate was quoted at 4021/9. 'New York/London was quoted at 493. 3/4
Quiet.
MARKET
STERLING
NEW YORK COMMODITY MARKET
New York Cotton, Dec. New York Rubber, Deco M Chicago Wheat, Dec...) Chicago Corn, Dec. New York Hides, Dec.
No business was reported. There were sellers at 1/2.31/32 up to NEW YORK COTTON
Bitss Co.
148
Public Service of N.J. ..............
331
Dairen
Manila
Jueing Airplane Co.
16
Pullman C
241
Foochow Muar
Borg-Wattter
134
Pure Cl
Haiphong
Briggs Mig.
*2
Redlo Dorph đi em mặc
Bankow
Budd Mfacturing Corp.
41
Reading Company,
Com
15.
Harbia
Canadian Pacific R'way
34
Remington Arms Co., Inc.
Iloilo
59.
Peiping
Case, JI.
561*..
Republic Aviation Corp.
5
Ipoh "Penang
Celanese....
29
Republic SteelTM
18
Chesapeake & Ohio
"41..
Revere Corp
Li
Chrysler Corph.
794
Reynold Tobac. "B"
354
Cofumbla "Gas & Fee
51
Safeway Stores
41*
(REUTER'S SERVICE)
Commercial Credit Co.
31-
Schenley Distillers
10.
9.64 9.58 19.73 19.70
821
584
-10.80
Close
Openinz
Closing
Frey. Today's
9.62 .03 up -9.50 19.58b 19.65b 07 up 81811821 14 up
681 577 571
+ up 10.72 10.79 10:67
·07 ··up
Change
Com, & Southern (Ord.)
11
Sears Roebuck. -
812
Consolidated Edison Consolidated Off Continental "Can
201
Shell Union on
.BE*.
*
Socony-Vacunum Ol
B
rencies.da quoted on application.
Also up to date SAI_DEPOSIT Boxes in various sizes To LET. Hong Kong. 28th February, 1940.
"
397*
Southern Pacific
Continental Dil
174
Bouthern Rly $5 ptd.
22+
J. K. Bousfield, Esq., A. H. Compton, Esq.,
Hon. Mr. S. H. Dodwell,
G. Miskin, Esq.,
5. S. lorrison, Esq., Hon. Mr. T. E. Pearce, C. C. Roberta, Esq
Hon. Mr. A. I Shields, Sir Vandeleur M. Grayburn,
Chief Manager.
Calcutta Lumpor Shanghai
Loudou Singapore Lyons Sourabaya
Patani Swatow (Johore) Tientsin Mukden Tokyo New York
Tsingtao Yokohama
35, Bishopsgate R:0.3. Sub-Ageneles In London: 117/192; Leadenhall Strees, E.G.# West End Branch: 14/16, Cookapur Street, S.WI; Manchester Branch:
8. Monley Street, Manchester,
AGENCIES AND BRANCHES
ALOM. STAR
| AMBATSAR BANGKOK
[BATAVIA BOMBAY GALOUTTA
HABRIN
HEARTG -HONG KONG BANQUO
ILOILO
IPOR
AGENCIES: Rom CLAVE S KUALA
21K PLACE
CANTON
CAWNFORM
LUMPUR KUCHING"
MADRAS
NEW YORK FRIPING
(Peking)
„SINGAPURA
BIPIAWAN SOURABAYA TALPING TIENTS IN TONGKAR
(Bhuket) MINOTAR
TUKOHAMA
FORK ON EXCHANOR, and "Genera) Banking Business transacted.
CURRENT ACCOoms opened and FIXED DEPOSITS received for One Year or shorter periods in Local or Other Currencies at rates which will be quoted on application. V
Savings Accotars also opened in Local Currency and Sterling with
CURRENT ACCOures opened in interest allowed at rates obtainable LOCAL CUBRENGT and FIX DIOSITS on application. received for one year or shorter periods in Local and other Car- undertakes Executor and Trustee termm which will be business, and claim recovery of British Income Tax overpaid, on terms which may be ascertained as any of the Agencies and Branches. ·
R. A. CAMIDGE,
Manager.
BAIGON
SEREMBAN
KARACHI
ILANO
SHANGHAI
COLOMBO DELI HAIPHONG
MANILA
MIDAN
HAMBUNG. HANKOW
The Bank's Head Office in London
Copperweld Steel
Curtis Wright (C)
Curtiss Wright “A”
December, buyers at 1/3 for
any
Oct. (New contract) ...
9.61/61
9.60/60
9.84/61
.03 up
Deere & Co."
delivery..
U.S. DOLLARS
December ( January
It
}
9.59/60
0.59/59
9.82/83
03 tip
Distillers Corpn. Beagrams
(
9.80/60
9.58€
9.811
01 up
Douglas Aircraft) ....
The market opened with sellers March
958 N
9.58/56
9.61/01
03 up
Du Pont de Nemours.......
at 23.1/8 but later. It firmed
up May
{
9:44/44
9.43/43
9.49/49
05 up
Eagle Picher Lead
and business was reported at 23. July
3/8 for the end of October. The Spot
י,
א 9.74*
9.23/24
9*22/22
9.28/28 9.75n
.05
*P
Eaton Mfg. Co.
01 up
Elec, Autolite
Elec Bond & Share
Elec. Band & Share $5 pr.
-Elec. Band & Share $8 pt.,
23 3/8 for Cash,
SHANGHAI DOLLARS
December
•19.680
Jamrary
-19.50b
19.026/712 amquoted
but March
19.35b/38a
19.40b/54a
May
19:25b
Total sales: 50 tons.
CHICAGO WHEAT
December
19.20b/40a
19.65b 19.60b 19.50a 19.38/38
,07 up
Elec. Power & Light, $7. p.
10 up
Fintkote
.14 up
Gen. American Trans
..13 up
Gen, Electric
Oen. Motors
Gen. Railway Signal
Gen. Tire & Rubber
811/814 280/80%
811/814 821/821 802/804
Gudden Co.
14 up
Goodrich (B.F.)
819/817
1 up
Goodrich $5 pt.
"Goodyear Tire & Co.
Great Northern Iron Ore..
May
WINNIPEG WHEAT October
578/577 1573/577 581/584 59ja
591/591
701b.
701/701
Great Northern Rly, pid.
up
"Great Western Sugar
597/607
703/703
-4 up
Greyhound Corpn.
Hercules Powder Co.
up
Homestake Mining
1:
Quiet,
'NEW YORK, HIDES
December March
Int Nickel
10.72/72 10.55b
10,55b/70a 10.79/79 10.53/53 10.78/78
,07 up
Inter. Paper & Power ......
Int. Tel. & Tel
Kennecott Copper
Lakes Foundry & Mac.
Libbey-Owens-Ford. Glasя· ·433 Lockheed Aircraft
market closed. at 1 pm. with pos- Total sales Friday: 88.700 bales. gible sellers at 23.6/16 for pear
and 23.3/8 December, buyers at NEW YORK RUBBER
Opened with sellers at 413 subsequently the rate dropped to 404. The market closed at 1 pm. with probable sellera at 405.
Friday's sales: 7,588,000 bushels.
SHANGHAI MARKET Erratic. Opened with sellers of Sterling at 3.37/64 and closed firm at 3.21/32 for Spot US. Dollars opened with sellers, at 5. CHICAGO CORN. 5/8 and closed with sellers at 5. December 21/32 for Spot.
AFTERNOON MARKET The Shanghai Dollar date was put down at 2.30 pm. to 390.
MARKET
STERLING
No business was reported, The market closed with sellers at 1/2
Total sales for the day:-62 contracts.
NY-Official Silver ... 34-3/4
31/32 up to December, buyers at NY-London Cross Rate 404 1/3 for any delivery.
US. DOLLARS
Nothing doing. The market clos-
ea with probable sellers at 23.1/4)
for near, buyers at 23.3/8 for
Cash,
SHANGHAI DOLLARS
unquoted, 4:03-3/4
LONDON STOCK EXCHANGE
· (REUTER'S SERVICE)
London, Oct. 4.
Opened with sellers at 401 but The following quotations are the business was scon arranged at middle prices at the close of the 404.1/2 followed by transactions market in Londen. All quotations
Tientsin-Pukow Rly, 15%
(Brit. Stpd. Supl Loan) B Tientsin-Pukow Riy. "5%
(Ger. Btpd. Bupl. Loan) 8
23 up"
at 404 and 403. The market closed are subject to confirmation and no Jap. 6% Ster, Loan, 1924 - 21
with possible sellers at 403, buy-responsibility is assumed for errors Ger, 7% Intl. Loan. 1924 51 ers at 403.1/3.
SHANGHAI MARKET
Fin-transmission.
after 1952)
1012
Opened with sellers at 43784 War Loan. 34% (Red and then eased alightly to 3.21/33, The market closed. with sellers at Canton-K'loon Rig. 5% 6 3.43/64 for Spot, US, Dollars openChinese 41% Gold Loan ed with sellers at 511/16 and closed at 5.23, 32 fod Spot.
Shanghai Exchange
Official T.T, Rates
Shanghai, Oct. 7 (Reuter),
London
New York
Japan
India Hongkong
Chinese 5% Redry, Loan,
1913 (Ldn.-18.)
ལ
Chartered Bank
H.K. & S'hal Bank, (Ldn.
Reg.)
HK & Shai Bank (Col.
Reg)
Chinese Eng. & Mining
(bearer,
63
22
84
High
1940
DOW JONES AVERAGE
Dow Dow Jones Averages Oct. 4,
Oct. 6. 1840. High Low Close 133.98 133.61 133,90
Change
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the HONGKONG & SHANGHAI BANKING COB PORATION. Rules may be obtain- ed on application,
For the HONGKONG & SHANGHAI
BANKING CORPORATION..
#
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb. 1939.
BANK OF EAST ASIA) LIMITED
5,698,800.00
Authorised Capital.....$10,000,000.00 Paid-Up Capital 'Reserve" and Undivided.
Profits
Head Office:-HONG KONG No. 10 Des Voeux Road, Central.
Board of Directors: SIA SHOPBON CHow, Chairman Li Koon Chan, Bequ Li Lan Bang, Eng.
Wong Chu son, Exq, Wong Yan Tong, Esq. Kan Ying Fo, Bag. Chan Ching Shik, Eag, Fung Ping Wab Baq
P. K. Kwok, Eng.
THE CHASE BANK
18, QUEEN'S ROAD, CENTRA¡
HEAD OFFICE:
18, PINE STRENT,
NEW TORKAN TONO Po, Esq, Chief Manager
Li Tar Foxo, Esq., Manager
An American Bank offering com plete Foreign Banking Bezvie in the principal Markets of the world.
Interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by BANY Ter
CHAIR NATIONAL
NEW YORK, with Besources of ove
1.8.$2,900,000,000. ".,
D. M. BIGGAR,
|
Amby
Branches and Agencies:-
Korrico" Penang Alagapore Rangoon ¡London
Bourabaya,
Melbourne Bad Penn- „Bydney
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Loes!
Second Fice Prs Currency and Fixed Deposits re
Ajob?
NEDS
159.80 111.84 30 Industrials
-32.67-22.45-10 26.45 -18,03 20
Rails Utilities
90.81 83.06 40 Bonds
84.07 48 47 11 'Commodity Index
133.78
29.17
21 93
90.58
63.18
11 ap
29.91 20.15 20:20: 103 up 22.01 219 21.99 :00 up
90.48 18 ap L3.7963 up
Business Done:-200,000 shares
WANT ADS
INDO-CHINA
ceived for one year or shorter periods in Local and Foreign Cur roncie
an terms which will be quoted or application. .........
SAFE CEPOSIT BOXES TO LEC.
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT
BOF CHINA AS AN INTERNATIONAL EXCHANGE -
BANK
STEAM NAVIGATION COMPANY LTD PAID-UP CAPITAL $40,000,000.00
Operating Services for Cargo and Passengers
SWATOW, SHANGHAI, TSINGTAU, CHEFCO.
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
"All steamers berth alongside
1898 (Brit. Issue) Chinese 5% Gold Bonds,
1925-47...................... 35 Chin. 41% Kriglo-Frehth
Loan, 1908 Chinese 5% cflip "Loan
30
Chosen "Corporation
44
Pekin Syndicate chai tiệc. Constr. Có B'hai Waterworks "A"
Udtan Insurance
2
15 -13} 20
Томни
1812
Gula Kalumpong Rubber
13/9
|B.-A." Tob, (bearer)
81/3
Opening
Mercantile Bank
104
0/3-7/18
"5-1/4
Chinese 8% Ster. Notes.
Dunlop Rubber.
20/3
+22-174
1925 (Vickers)
Bristol Aeroplane
-10-N
Chin Imperial Rly. 5%
Imperial Chemical Ind
"Loan
United Steel ...........
9/3 "27/3- 17/3
22-3/4
Honan Rly, 5%.
10
Woolworthis
68
Sterling
Jukuang Rly 6%, 1911.
Marsman Investments
8/9
Aellers
Western Holdinga
10:
and cargo are landed,
Bub-Nige
180
Abell Trans, & Trad
(heatery
For further particular
please appl
Nat Defence Bonds, 3% 101 London-Midlarida-col-
tish, 3%....********
111
Great Western Rall-
way, 3%
281
Nat Bank of India. 3%
$241
Opening Closing
LP NY Issue)
Sukuang Fly 5% 1911
0/3-43/64 0/3-11/18German Issue
0/3-21/32 0/3-11/18
35-11/16 $5-23/32 5-11/18 5423/32
6-21/3215-11748
Market:Uncertain
Lung Taing "Ufaf
Rly 5% 1913
shal King Rly 5%% Tientsin-Pukow Rly 5%
(Brit, Stpd.) Tientsin Pukow Rly:"5%
German Stud.j
Spot
Oct
Nov.
40/3-41/64 0/3-38/64
Spot,
Oct.
13.00
the Roosevelt Terminalia,
the French Concession at
Bhangbai, where passengers.
MATHESO
I&Co..Lr
(BRANCHES ALL OVER CRINA) Oying 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 fumestic and Foreign Banking and Exchange,
Head Once-SHANGHAI Hong Kong Branch:
QUEEN'S ROAD, C. South China Ofices; ANTON KONGMOON SWATOW
TOISHAN
SHIUCHOWKINGCHOW
We also handle the issue of Bonds and other Eublin Funds of the Chinese Government hoth at Home and Abroad R
SHOU CHEN
HRADDIT
20
Spleer Manufacturing Co. 333
74
Standard Brands
to
271*
Stand Gas & Elec.
14
174
Standard Of of California - 174
181
Standard Oil of N.J.
331
7781
Stone & Webster
81
177+
g"
334
Studebaker Com
Technicolor.
8.
Swift International
173"
9**
361
Texas Corpn.
35
St
Texes Gulf Sulphar
334*
05
Timken-Axte
281
731
Trans-America Co.
44
38
20th Cent. Fox.
174
Union Bag & Paper Corp.
40+
Union Carbide & Carbon
35+
Union Pactile
49*
United Aircraft
154
United Airlines Trans
18-
114*
United Corpn,
13
142
United Corn. $3 cum pf. 361
12}
United Gas Corpn.........
564*
United Gas Improvement 11
151
US.. Industrual Alcohol.
22"
15)
US. Rubber
204
281
US. Rubber $8 pid,
764.
191
US. Smelting
62*
113
UB. Steel
*591
81*
Vanadium
324
401
Voitee Aircraft
Bateris
Bombay Manila
Calostia
Małphong
visos Tintain
· Bankow
New York Besitte
СОЦУЕТ
Honolulu
Paris
Semarang
Robe
Psiplug
Shanghaf
277
Walworth Co.
47
141
Warner Bros. Pict.
.24 20.
Westinghouse Elec
108)
30"
Woodward Iron Cor.
303
.4*
Chase National Bank National City Bank
293*
243*
291
TELEPHONE EXOJIL PENERAL MANAGERS