Adams Express
380
Alleghany Steel Ca.
Allis Chalmers
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND
EXCHANGE
.
CLOSING QUOTATIONS
CCTOBER, 9, 1940
Ou London:-
Telegraphle
Transfer. 1/9 7/*
Bank Bills, on demand 1/3 7/8 Credits 4 months' sight 1,3 1/2°
On Shangha
On demand
On Singapore:—
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
· HONGKONG-
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
NEW YORK STOCK EXCHANGE
STOCKS
QUOTATION
(RÄUTER'S SERVICE) CCTOBER, 9, 1940
THURSDAY, OCTOBER 10, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
INDIA, AUSTRALJA AND CHINA-
Issued & Fully Paid-Up $90,000,000 Incorporated by Royal Charter, 1839
H.K. Currency Resarvs $10,000,000 Reserve Liability of Pro
Paid-Up Capital. £6,500,000 Reserve Fund...
LES,000,000-
£9,000,000
prietors
„£3,000,000.
HEAD OFFICE: LONDON:
$90,000,000
BANKING CORPORATION
Authoriad Capital $50,000,000.
Reserve Funds:
Sterling....................
Last Sale
STOCKS
*Last Sale
Reserve Liability of
Oct. 8.
Get. 8
Proprietors......
51
Loaw's Inc.
254
21
Loft Incorperated
201
337
Mack Truck Inc.
25
On demand
52 3/4
Aluminium Ltd.
02
Martin, Glen L
31
H. V. Wilkinson, Esq.,
On Japan:-
NEW YORK, October 8, 1940. --
Amer. Can.*********
98..
McKesson & Robbins, pis. 201
On demand
106
Previous October 8
American" Cyanamid B.
37
Montgomery Ward
402:
On India:-
SINGAPORE RUBBER
Close Opening Closing Change
Amer. & Foreign Power ...
11
M'tain City Copper Co.
31
Telegraphie Transfer.
82 1/2
Buyers Buyers
Amer Foreign $7 pi
*16*
National Aviation
104
J. K."Bousfield, Esq.
and demand
SPOT
37-5/837-1/2
37-1/2
off 1/8
Amer. Locomotive
15
| Nat.. Dairy Products
13
A. H. Compton, Esq.,
On New York:-
JAN.-MAR.
35-5/8 35-1/2
35-1/2
of 1978
Amer. Metals Co.
*** 16
National Distillers
214
Hon. Mr. S. H. Dodwell,
Bank Bills, on demand 23 7/8 Credits, 80 days' 'aight 23 3/4
APR.-JUNE
34-1/8 34 cts. 34 cts.
off 1/8
Amer. Radiator
National Lead
181
G. Miskin, Esq...
:
Amer Rolling Mill
121
On Batavia:--
On demand
42 3/4
The market was quiet.
LONDON RUBBER
Nat, Fower & Light
71
K. S. Morrison, Esq.,
Amer. 9'ting and Ring Co.
401
Previous close Today's close
National Supply Corp.
51
Hon. Mr. T. E. Pearce,
Amer, Sugar Refining
133
New York Centi al ......
141
On Paris:-
buyers
buyers
Change.
Amer. Tel, & Tel.....
1021
| Niagara Hudson Fower
4
Bank Bills, on demand +085 Credits 4 months' sight (160
SPOT
11-7/8
11-7/8
unch.
Amer. Tobacco "B"
77
N. American Aviation ......
167
10. C. Roberts, Esq.,
Hon. Mr. A. L Shield, Sir Vandeleur M. Grayburn,
NOVEMBER
11-7/8
11-7/8
unch.
Amer. Waterworks
81
North American Co.
183
On Balgon:-
DECEMBER
11-7/8
11-7/8
unch
On demand
.90 1/2
JAN,-MAR.
11-7/8
On Manila:~
|APRIL-JUNE
11-13/16
11-13/18 11-11/16
off 1/16
Anaconda Copper
22
Northern Pacific
61
off 1/8
45 3/4
7
TALS
Chicago Corn, Dec.
On demand
On Bangkok:----
On demand
On Sterling Notes:-
Bank Buying Rate
Bar Silver per ca
Nom.
...... 23/18
Market Report
FROM ROZA BROS.
Wednesday, Oct. 8. Silver prices were unchanged yesterday, the quotations remain- ing at 23.7/16 for Ready, and 23. 3/8 for Forward, Bilver advices re- ported the markot sa being steady but quiet. American Bilver quoted at 343/4 for Spot,
The market was quiet. NEW YORK COTTON: There was some small but constant Trade covering for December, but the coming elections and the political situation in the Far East were restraining factors: The Govern- ment estimates the crop at 12,741,000 bales,
NEW YORK RUBBER: The market was firm on the political un-
easiness in the Far East.
CHICAGO WHEAT: The market remains steady on the continued
strength of the cash markets,
NEW YORK STOCKS: Previous close, 133.51; Today's close, 131.31;
Change, off 2,40.
NEW YORK COMMODITY MARKET
New York Cotton. Dec. The London/New York cros4 | New York Rubber, Dec. rate was quoted at 402.1/2. New Chicago ·Wheat, Dec. York/London was 'bucited, at 404
Atchison, T, &.8. Ft. Aviation Corp. Baldwin Lecometiva Baltimore & Ohlo Barber Asphalt Co.
.16
Owens-Illinois Glass Co.'
581
"44
Pacific Gas & Elec
20
Amoy
16.
Packard Motors
31
Bangkok
Branches: Johore Kobe
:
ין
Rangoon Saigon.
4
Pan-American Airways
157
Batavia
Κουτρου
SAD
107
Paramount Pictures
BI
Bombay
Kuala
Calcatta
Barnsdall Ou
8
Pennsylvania FR
221
Lumpur
Bendix Aviation
301
Philadelphia Read, Coal
Canton London
Chefoo Lyons
Bethlehem Steel .....
781
Phillips Petroleum
354
Colombu Malacca
Bliss & Co.
141
Public Service of NJ,
331
Dairea Manila
Boeing Airplane Co.
151
Pullman Inc......
231
Focobow Muar
Borg-Warner
18)
Pure Off
7.
Briggs, Mig.
211
Radio Corpn. of Ami:
41
Bankow
Budd M'facturing Corp...
41.
Reading Company,
Com
141
Harlin
Canadian Pacific R'way
38
Remington Arms Co., Inc.
Toile
Case, J.L
544
Ipoh
Republic Aviation Corp. ...
$51
Celanese
284
Republic Steel
174
Chesapeake & Ohiş
401
Revere Corp.
103
(REUTER'S SERVICE)
Chrysler Corpa.
773
Reynold. Tobac. "8"
353
174.
MARKKT
Steady.
STERLING
New York Eldes, Dec.
Prev. Today's 0.60 9.56 9,61 9.59 19.90 19.70 10.70 19,86
823
81-k 321 82 581 58 581 584a 10.75 10.47 10.70 10.88
Columbia Cias & Elec.
51
Safeway Stores
42
.02 off
Commercial Credit Co.
301
Schenley Distillers
10.
.16 up
Com, Southern (Ord.)"..." "T
Sears Roebuck
797
rendies of quoted on application.
Consolidated Edison...
261
4 off
Shell Unton Oil
81
*anch,
Consolidated O.......
51
Sotony-Vacunum Of
8
he obt
Continental:Can
Boxes in various sizes To LET: Hong Kour, 28th February, 1940.
40
Southern Pachie
Continental ol
171
Southern Rly $5 pfd.
21:
Head Office:-HONG KONG
Board of Directors:
Chairman. Hon. Mr. J. J. Paterson,
Deputy Chairman,
38, Bishopsgata E.Q.a
Sub-Agencies In London: 117/122, Leadenhall Street, E.C.S West End Branch: 14/16, Cockapur Street, S.Wi Manchester Branch: 52, Monley Street, Manchester, S. AGENCIES AND BRANCHES:
HARDINAL PRRANG HONG 2050 2400
ALOE STAR AMRITSART
|BANGKOK ILOILO
BATAVIA
BOMBAY
GALOUTTE
BALDON
IPON
SEREMBAN
KARAOK KLANG
BHANGRAT
AINGAPORM
"AGENCIES: 2082
OLATE STRAIT
Chief Manager. Farix Pac
CANTON - CAWNPOES Kanke
TALA
EZ
BOLOMBO DELHI HAIPHONG
Francisco EAMBO30
Shanghai Singapore Sourabaya Sungei
Patani- Swałow
Lisiphong____ (Johore). Tientsin........
Makdon Tokyo New York Tsingtao Peiping Yokohama Penang
HANKOW
LUMICE KUCSING MADRÁN MANTLA MIDAN NEW YORK PRIPING
(Peking)
SITIAWANAN BUURABAŤA. TAIPING TIENTS IM TONGIAM
! (Bhukos)
THINSTAC TOKUHANA
FOXLON EXCHANGE and General Banking Business transacted. "Why" CURAINT ABOUT opened and FIXED DEPOSITS received for One Year or shorter periods in Local or Other CaFrebuiné, at' räte "which will be quoted on application.
SAVINGS ACCOtara alad opened in Local Currency and Sterling with CURRENT ACCOUNTS opened in interest allowed at rates, obtainabla s LOCAL CURRENCY and FIXED DEPOSITS on application, received for one year or shorter The Bank's Head Office in London periods in Local and other Our undertakes, Executor and Trustee terms which will be business, and claim recovery of British Income Tar overpaid, os
ALSO up to date Bar DEPOSIT terma which may be ascertained as "
any of the Agencies and Branabes.
R. A. CAMIDGE,
Manager.
NEW YORK COTTON
Close
Opening
Closing
Change
Copperweld steel
191
| Spicft "Manufacturing Do. 32
March
May
U. 9. DÖLLARS
*
July
Spot
January
near March with
May
October
March
There were sellers at 1/2.31/32 January f up to December, buyers at 1/3 for any delivery.
Quiet. Opened with sellers at 23.3/18, buyers bidding 23.5/18.5
Later & small business was arrang- NEW_YORK RUBBER ed at 23.5/16 for October delivery. December Towards the close business was
also reported at 23.3/8 for delivery. The market closed possible sellers at 23.1/4 for fear. buyers at 23.3/8 for Cash,
SHANGHAI DOLLARS“ Opened at 300. Subsequently the rate rose to 397 at which rate. business was done followed by transactions at 396. Later busl- ness was done at 391. Towards December the close business was done at May
388. The market closed with sell-WINNIPEG WHEAT ers at 385.
SHANGHAI MARKET Steady but erratic. Opened with sellers of Sterling at 3.3/4 for at Spot and closed with sellers
827/32 for Spot. U. S. Dollars
10.60b/70a 10.56b/70a Total sales for the day:-122 contracts.
opened with sellers at 57/8 and NY-Offictul Silver closed with sellers at 5.31/32 for NY-London Cross Rate 4.04 Spot:
Shanghai Exchange
Official T.T, Rates"
Shanghai, Oct."9 (Reuter).
0
Oct. (New contract) December (
9.63/63
9.63/63
9.62/62
.01 off
Curtiss Wright (C.)
TH
Standard Brands
}
9.81/61
9.80/59
9.59/59
.02 off
Curtiss Wright “A”
"27
Stand Gas ElecÑO
14
9.60 N
9.58a
9.56n
.04 off
Deere & Co,
191
Standard Oil of California
17
9.60/60
9.57/87
9.55/55
05 of
Distillers Corpn. Seagrams
163,
Standard Oil, of NJ,
33
*0.50/50
9.48740
9.47/47
:03 A
Douglas Aircraft
77..
Stone & Webster
}
9.31/91-
9.28/29
9.72 N
9.21/27 9.7in
.04 of
Du Pont de Nemours
174
Studebaker Com
77
.01 of
Eagle Picher Lead
81
Swift International i. 178
Total sales. Monday:---93,200 bales
Eaton Mfg. Co.
33
Technicolor
Elec, Autolite.
35A
Texas Corpn.
337
Eleć Bond & Share
47
Texes Gulf Sulphur-
33
-19.70/70-19.70/71
19.63b
19.45b
19.335
-19.88/80 unquoted 19.77b 19.51/51 19.60b/62a 19.44/44 1948)
16 up
Elec Bond & Share $5 pf. ·62*
Timken-Axis
28
.16 up:
Elec, Bond & Share $6 pf. 7
Trans-America Co.
44
.15 up.
15 up
Elec. Power & Ligtit #7 pf. - 351 Flintkote
20th Cent, Fox.
57
171
Union Bag & Paper Corp.
111
Total sales:-1,090 tons.. CHICAGO WHEAT. December ........ May
Gen--American Trans.
49
Union Carbide & Carbon
721
Gen, Electric
944
Union Pacific
83
Gen. Motors
481
United Aircraft
384
824/823
921/82
31/811 81/811
821/82 818/813
off
Gen. Rallway Signal
15
United Airlines Trans .....
10%
off
Gen. Tire & Rubber
112
Monday's Sales:-10,399,000 bushels. CHICAGO CORN
United Corpn.
Glidden Co.
141
United Corpn. $3 cum pf. 35
Goodrich (BF.)
113
United Gas Corpn.
1.
581/581 581/58 591/691 591/59)
584a 593/591
unch.
Goodrich $5 pf.
563
United Gas Improvement
11
off
Goodyear Tire & Ga
157
U.S., Industrual Alcohol.
221
Great Northern Iron Ore -
15
U.S. Rubber
19
Great Northern Rly, pid.
27
US. Rubber $6 pfd,
74
704/70
700 701
701b
¿ off
Great Western Sugar
20-
Interest Rates oa "Application.
U.S. Smelting
811
NEW YORK HIDES December
Greyhound Corpn..
113
U.S. Steel
57)
SAFE DEPOSIT BOXES.......
Hercules Powder Co.
80*
Vanadium
31!
10.70/70 10.86/00
10.86/68 10.55
.04 off 11 off
Homestake Mining
401
Vultee Aircraft
g".
HONGKONG SAVINGS
BANK
The Business of the shore 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 Manager. Hong Kong 25th Feb., 1939.
THE CHASE BANK
1, QUEEN'S ROAD, CENTRAI
HEAD OFFICE:
*BANK OF EAST ASIA,
LIMITED.
Authorised Capital....$10,000,000.00 Paid-Up Capital Reserve and Undivided.
Profits......
5,598,600.00
-2,963,281.50
Head Office:HONG KONG No. 10 Des Voeux Road, Central,
Board of Directors: SIE SAOUSON CHOW, Chairman Li Koon Chan, Est Lisa Sang, Eng. P. K. Kwok, Esq. Wong Chu Son, Big, Wong Tan Tong, Esq. Ken Ying Po, Rag Chan Using Shok, Esq. Fung Ping Wah Esq KAN TONG Po, Esa, Chief Manager
THE FOXO, Esq, Manager
18; PINE STREET,
NEW YORK An American Bank offering comL plete Foreign Banking Servies in the principal Marketa of the world
Batavia
"Branches and Agencies:
-Koxloon~PREtang · Alagaporn
Haroon Bourabay Balgon Mallonen San Fran....... Bydney - -
London Manife
Amoy
Barthay
Calentia
Haiphong
doo Tiootiku
Hinton
·New York. Baaztia
Hemolatu
Kobe
Pelping
*Int Nickel .....
287
Walworth Co.
44
14
PI
Warner Bros. Pict
21
34-3/4
24*
Westinghouse Elec.
1034
291
Woodward. Iron Cor.
281
LONDON STOCK
EXCHANGE
4. Glass 434 271
Chase National Bank National City Bank
291*
London
New York
Japan
India Hongkong
Calcutta Exchange
Opening
0/3-9/16
5-1/2
23-3/8
19-3,4 23-5/8
Calcutta. Oct. 8 (Reuter). TT. on Japan, 81-1/4.
India Rupee Paper
Bombay, Oct. 8 (Reuter). Govt, 31% Rupee, 91-01-0.
SILVER MARKET LONDON SILVER
(REUTER'S SERVICE)
London, Oct. 8. 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.
£
War Loan, 31% (Red,
after 1952).................... 101-13/16 Janton-Kloon Rly. 5% 6 Chinese 41% Gold Loan
1898 (Brit. Issue)
34-3/4 4.04-1/4
LONDON METALS
EXCHANGE
London, Oct. 8 (Reuter). Tin, Standard, Cash, Middle Price, £257-3/4
Tin, Standard, 3 months, Middle. Price, £200,
Market quiet..
Tientsin-Pukow Rly. 5%%
(Ger.Btpd. Bupl. Loans B Jap. 6% Ster. Loan, 1923 20 Ger, 7% Intl. Loan, 1924 54 Chartered Bank
HK. & B'hai Bank (Ldn
Reg.j
Inter. Paper & PowerTM Int, Tel."& Tel"
Kenmecritt Copper Lakey Foundry & Mac. Libbey-Owens-Ford Locknred Aircraft
64.07 48 47 11 Commodity Index
#
DOW JONES.. AVERAGE
1940
32.67 22.15 20.
26.45 18.03.20
90.3183.08 40
High Low Dow Jones Averages (Oct. 7,
Industrials .....159.80 111.84 20
Rails Utilities Bonds
133.51
2.91.
31 92
00.35
53,87
Oct. 9.-1840. Bigh Low Close Change 13347 121.30 13231–2,90 of
121,80. 21.64 21.55 27 off 80.0% 23. oft 53.65.0% off Business Done"-500,000 shares »
This Bank is entirely owned, by
TH CHASE NATIONAL BANT New York, with Resources of ove U.8.$2,900,000,000..
D. M. BIGGAR,
Second Fipe Pre
A Job
WANT ADS
INDO-CHINA
STEAM NAVIGATION COMPANY LTD
Operating Services for Cargo and Passengers
BWATOW, SHANGHAI, TSINGTAU, CHEVOO.
and TIENTSIN
SINGAPORE, PENANG and CALCUTTA
KOBE and OSAKA
.30
HK, & Shai Bank (Col.
Reg)
| Chinese 5% Gold Bonds. 1925-47201819
Chinese Eng & Mining
35
(bearer)
| Chin. 41% Anglo-French
Loan, 1908 wiring Chinese 5 Crisp Loan.
Chosen Corporation
44
Pekin Syndicate
2.
S'hai Elec. Constr. Co.
10.
#1912 Chinese 5% Reorg, Loan."
1913 (Lan. Is.),
12
B'hal Waterworks “A” ... 13
TQ
Union Insurance...
20
Gula Kalumpang Rabber 13/9
B-A, Tob. (bearer)
85
1925 (Vickers)
Mercantile. "Bank
108
Chin, Imperial Rly. 5%
Load my
Dunlop Rubber
30/3
41.
Bristol Aeroplane
9/0
Hónan Rly, 5%
20
Imperial Chemical Ind. 27/9.
Hukuang Rly 5%, 1811 "KLP, N/Y Issue):
United Steel
18/71
12
Woolworths
58/6
Sukuang Rly. 5%, 1911 --
Marsman Investments
8/0
10
Western Holdings
10.
and cargo are lauded.
Bub-Nigel
160,"
Chell
Trans
For further particulara
peater)
36/3
plonso apply to y
SANDAKAN
HAIPHONG
All stonmoes borth alongside
the Roosevelt Terminal in
the French Conbeadón
Shanghal, where "passengers
na Bemarang
Shangha
Evers description of Banking sad Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposits re ceived for one year or shorter: periots in Local and Foreign Cur rencies on · terms · which will be quoted on application.
BAFE DEPOSIT BOXES TO LET
KAN TONG PO
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT
OF CHINA AS ANG INTERNATIONAL EXCHANGE
_____ BANK A
PAID-UP CAPITAL $40,000,000,00
BRANCHES ALL OKER CHINA) Owing to our numerous Branches in Chins and connections in the principal Commercial Centres of the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and Exchange.
Head Office:SHANGHAI Hong Kong Branch: QUEEN'S BOAD, C South China Oflens:
DANTON
SWATOW
KONGMOOM TOISHAN
SHIUCHOW KINGOHOW
We also handle the insta of Bonds and other Public Funds of Chinese Government both at Find Abroad
SHOU
London, Oct. 8 (Reuter). Suer-Market quiet but steady."
Business very small. In the after-Chinese 8% Ster. "Noter,
noon, the market was quiet with '
no business.
Spot, 23-7/184.
Forward, 23-1/24.
KOMBAT SILVER
Bombay, Oct. 8 (Reuter).
Market ulet. Offtake 50 bars.
Indian Mint Silver
Ready
02:11
Oct. 23 Settlement
262-12
82-13
Nov 28 Settlement
LONDON GOLD
London, Oct. 8 (Reuter) Bat Gold, Fine per oz., 188/-
German Zasue).........
Lung Taing & . Hal
Bly, 5% 1913 S'hal-N'King RF 5% Tientsin-Pukow Rly, $9
(Brit. Stpd) Tientsin-Pukow Rly. 6%
German Stpd) Tientsin-PukON RU, 1% (Brit. 8tpd. Supl., Loan)
*
២១. ម
Nat Defence Bonds, 3% 1011 London-Midlands-Boot-
Great Western Rail-
way 3% Nat, Bank of India, 3%
124
241
RDINE MATHESON&Co.,Ln LEPHONE COXIL GENERAL MANAGERS