Adams Express-
Alleghany Steel Co.
Allis Chalmers
Aluminium Ltd....L
Amer. Can
NEW YORK October 10, 1940.
100
Amerisan Gyanamid: B.
Previous
October 10
Amer. & Foreign Power
SINGAPORE RUBBER
82 1/2
SPOT
JAN.-MAR:
Close Opening Closing 'Change Buyers
Buyers 37-3/8 37-1/2 · 35-5/8 35-1/2 35-5/8 35-5/8 33-3/4 33-7/8 34 cts.
Amer & Foreign $7 pt.
Amer. Locomotive
up 1/4
Amer." Metals · Co.:
up 1/8
Amer. Radiator
up 1/4
Amer. Rolling Mill
Amer. Sting and Ring Co.
Previous close Today's close
Amer, Sugar Refining
buyers
buyers
Change
Amer. Tel, & Te
11-7/8
11-13/16
11-7/8
11-7/8
off 1/16 unch.
Amer, Tobacco "B"
Amer, Waterworks
11-13/16
11-13/16
Anaconda "Copper
11-13/16
11-13/10
Atchison, T. & 8 Fe
11-11/18
11-11/16
T
"Aviation Corp.
Baldwin Lecomėtive
Baltimore & Ohio
Barber Asphalt Co.
Barnsdall Ol
Bendix Aviation
Bethlehem Steel-
Bliss & Co.
Boeing Airplane Co.-
Borg-Warner
Briggs Mfg.
Budd M'acturing Corp.
Canadian Pacific Riway
Case. JI
Chesapeake & Onio
Chrysler Corpa.
Columbia Cias & Flec,
20.00 19.49 20.00 20,00
Commercial Credit Co.
wich.
Close
9.60/60
Opening
831 82% 821 829 59 581 58% 562
10.00 Closing
Com,"& Southern (Ord) ...
up
Consolidated Edison
10.70
up .10 up
Consolidated (0
Continental Can
Change
(Continental Cl
9.55/68
9.58/58 9.54/54
9.50/52
$10 off
Copperwald Steel
January { T.. }
9.51 N
March
{ ) ...... 9.52/52
9.47b/49a 9.50/50...
9.49/49 9.43n
Curtis Wright (C)
.08 off
Curtiss Wright “A”
9.44/44
.08 of
Deere & Co. ....
May July
(...)
9.43/43
9.23/23
9.40/40 9.19/19
9.31/32
2.12
off
Distillers Corpn. Seagrams
9.11/11
12. of
· Douglas Aircraft
Spot
9.67 N
9.59n
108" off
Dy Pont de Nemours
Eagle Picher Lead
Eaton Mfg. Co.
Opened with sellers at 22.7/8. Later the market steadied slightly, finishing with sellers 2215/16 for near, buyers at 23.1/16. SHANGHAI DOLLARS
up
at
December January.. March May
20.00/00 19.90b 19,75b
19.63b
19.97b 20,00/00 unquoted. 19.90b 19.70b/85a 19.726 19.87/68
⚫ 19.59b
Elec, Autolite
unch.
Elec. Bond & Share
.03 off
Elec. Bond & Share $5 pt.
Elec Bond & Share $0 ̊pf.
04 off
Elec. Power & Light $7 pf.
Total sales-450 tona...
Fintkote
Gen. American Trans.
811/811
813/81 Wednesday's sales:-6,636,000 bushels.
821/827 811 81
+ up
Gen. Electric
up
Gen. Motors
Gen. Railway Signal
‚‹ Gen. Tire & Rabber
GHdden Co.
581/581 581/581 5817581 -501/591- 5917591 594/59
up
Goodrich (B)
up
Goodrich $5 pt.
Goodyear Tire & Co.
7010
701/701 70b
1 off
Great Northern Iron Ore -
Great Northern Riy, píd.
Great Western Bugar
10 up 10 up
Greyhound Corpn.
Hercules Powder Co
Homestake Mining
Int Nickel'
Inter. Paper & Power
Int. Tel & Tel.
London "
New York
Japan
India
Opening
0/3-9716
5-1/2
23-3/8
19-3/4
23-5/8
Kerepott Copper..
Lakey Foundry & Mac. ......... 34. Libbey-Owens-Ford Glass 424 Lockheed Aircraft
Business was done early in the | CHICAGO WHEAT
morning at 394 followed by tran- December .............. 821/821828/827 sactions at 393 and 390.1/2. The May market closed with sellers at 391.
SHANGHAI MARKET Opened with sellers of Sterling at 3.25/32 and closed at 3.53764. US Dollars opened with sellers at 5.7/8 and then receded to 5.27/32. At the close there were sellers at 5.7/8 for Spot.
Shanghai Exchange
Omcial T.T. Bates Shanghal, Oct. 12 (Reuter).
Hongkong
Sterling
Spot
Oct,
Nov.
Spot
Oct.
Nov
Sellers
Opening Closing 0/3-25/32 073-53/64 0/3-25/32 0/3-53/54 0/3-49/64 073-137T6 U.S. Dollars
$5-27/32 $5-27/32
5-27/32 5-27/32 5-13/16 5-13/16 Market:-Inclined to be easy.
Silver Duty Rate
The Central Bank of China's rate on London at 10a.m. today vas 1/2-1/2d.
The Equalisation rate was 24-1/4 per cent.
Calcutta Exchange
Calcutta, Oct. 12 (Reuter). TT. on Japan, 81-1/4.
India Rupee Paper
Bombay, Oct. 12 (Reuter), "Govt. 31% Rupee, 91-02-0.
LONDON METALS
EXCHANGE
London, Oct. 11(Reuter) Tin, Standard, Cash, Middle Price, £259-3/4/20/
Tin, Standard, 3 months, Middie Price, £201 1/8
-Market opened - firm, on fair United States overnight purchases at good prices, but reacted on eus tomary hedge sales.
CHICAGO CORN December May~
WINNIPEG WHEAT October
NEW YORK HIDES December March
10.50/80 10.60b/702 10.70/70 10.52b55a 10.55/55" 10.62/62 Total sales for the day:44 contracts. NY-Oicial Silver 34-3/4 NY-London Cross Rate 03-1/2
LONDON STOCK EXCHANGE
...‚(REUTER'S SERVICE)
London, Oct. 11. 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 transson.
War Loan, 34% (Red,
after 1952) Janton-Kloon Rly. 5% 6 Chinese 41% Gold Loan
1898 (Brit. Issue) 30
inese 5% Gold Bands, 1925-47
chin. 44% Anglo-French
Loan, 1908
Chinese 5% Orip Loan.
1912
Chinese 5% Reorg. Loan,
1913 (Ldn. I) Chinese 8% Ster, Notes,
1925 (Vickers)
Chin. Imperial Rly. 5%
Loan
34-3/4 4.03-1/2
SILVER MARKET
BOMBAY SILVER
Bombay, Oct. 12 (Reuter). Market-Quiet but steady. Off- take 50 bars.
Indian Mint Sliver Ready.
Chosen, Corporation Pekin Byndicate
High Low Close
Change
131.22 130.09 130,39 .15 off 28.44 28.56 28.60 .04 up 31.67 21.48 21.46 .00 up 89.32.01 of 63.93 .03 up
D. M. BIGGAR
Second Fies
Job
WANT ADS
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Passengers
SWATOW, SHANGHAI, TSINGTAU, CHEFŐO
LED TIENTSIN..........
KOKE and OSAKA
SINGAPORE PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamera berth alongside.
the Roosevelt Terminal in the French Concession at
Shanghai, where passengers and cargo are landed.
"Reipling
Bangkal
Every description of Banking and Exchange business transacted. Loans granted on approved securities
Current Accounts opened in Local Currency and Fixed Deposits ceived for one year or aborter periods in Local and Foreign Cur tencies, on terms which will he quoted on application.
SAFE CEFOBIT BOXES TO LED
KAN TONG PO,
Chief Manager.
ول
BANK OF CHINA
Specially Chartered by: THE NATIONAL GOVERNMENT
OF CHINA AS AN A INTERNATIONAL EXCHANGE
BANK EN
PAID-UP CAPITAL $49,000,000,00 (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 to our Clients special facilities for Domestic and Foreign Banking and Exchange,
Head Office-SHANGHAT Hong Kong Branch QUEEN'S ROAD, C. South China Offices, CANTON
KONGMOON SWATOWE TOISHAN SHIUCHOWKING HOW
We also handle the issue of Bonds and other Publio Funds of the Chines Government both at Home end Abrond Shannon
SHOUACHEN.
DOW JONES AVERAGE
1940
Oct. 11, 1940.
62-12
Oct. 23 Settlement Nov, 26 Settlement
62-13
High Low Dow Jones Averages 15280 111,84 30 Industrials
32.67 92.15 20... · Bailu
Oct. 9,
130.54
22.56
02-14
26.42 18.03 20 Utilities
21.40
90.81 83.06 40 Bonds
69.93
$
102
(der. Stpd. Supi, Löan) · 8 Jap. 5% Ster. Loan, 1924, 17.... Ger, 7% Intl Loan, 1924 51 Chartered Bank
64.07 48.47 11 Commodity Index
· 53,00
Business Done:-380,000 sha
7
HK. & 8'hai Bank (Lân.
Reg.)
EK & Bhat Bank (Col.
Reg)
25
Chinese Eng. & Mining
(bearer
14/-
4/-
21-
S'hai Elec, Courts. Co. B'hai Waterworks "A" Union Insurance Gula Kalumpong Rubber B.-A. Tob. (bearer) Mercantile Bank ...
15/-
TO
· 13. 20
13/6/ 82/6
101
| Dunlop · Rubber. ...
30/-
Bristol Atroplane
9/7/
Imperial Chemical Ind. 27/6:
12
United Steel ...................................18/9/ Woolworths A 256/7
10
| Marsman Investmenta
Western Holdings
7/8
B/9
Sub-Nigel
157/6
Shell Trans & Trad
4bearer)
38/3
For further particulara
Nat Defence Bonds, 3% 101 London Midlands-Scot-
121
JARDINE MATHES
Honan Rly 5% Hukuang Rly 5%, 1911.
(LP. N/Y Issue). Hakuang Rly..5%. 1911
"German" Issue) '.... Lung Tying D. Hal
Rly.5% 1813 S'hai-N'King Bly. 5% 12
fiental-Pukow Fly, 5%
(Brit Btpd.) A Tientsin-Pukow Bly."
5% (German Stpd.). ...................... Tientsin-Pukow Rly 6% (Brit. Btpd.Supl, Loan) Tientain-Pukow Bly. 6%
tish 8% |Great Western: Rail-,
way 3% Nat Bank of Indis 397%
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
OCTOBER 13, 1940
On London:----
Telegraphic Transfer, 1/4 7/A Bank Bills, on-demand 1/3 7/9 Credits 4 months' sight 1/3 1/3
On Shanghai:-
On demand
380
On demand............... 59 3/4
On Singapore:
On Japan:-
On demand
On India:-
On New York:-
On Batavia:--
On demand
On Paris:--
1
PAYNE & & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
Telegraphic Transfer.
and demand.........
Bank Bills, on demand si 3/4 Credits, 60 days' sight 23 3/4
Bank Bills, on demand 1088 Credits 4 months' sight 1450
APR.-JUNE
The market was steady but quiet, LONDON RUBBER
SPOT
42 1/2
NOVEMBER
On Saigon:-
DECEMBER
On demand.......
99
JAN.-MAR.
On Manila:-
APRIL-JUNE
On demand
45 1/2
The market was idle.
On Bangkok:-
7
Bank Buying Rate
..
On demand
On Sterling Notes:-
Bar Silver per os
Market Report
FROM ROZÁ BROS.
Nom. 237718
Saturday, Oct.12---
The price for Ready Silver rose 1/18 yesterday to 23.7/16, but the Forward rate was unchanged at 23, 5/10. Silver advices reported the market as being quiet and feature fess, American Silver was quoted at 34.3/1 for Spot.
The London/New York croa rate was quoted at 2021/2. New York/London was quoted at 403,
1/2.
MARKET
NEW YORK COTTON: Limited buying by the Trade furnish de- mand which was offset by Southern selling, hedging and realíz- ing.
CHICAGO WHEAT: The strength of cash wheat is responsible for. the bullish factor today. The Government estimates the Spring crop at 236,000,000 bushels,
.."
NEW YORK STOČKS: Previous close, 130.54; Today's close, 130.39;
Change, off .15.
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE)
New York Cotton, Dec. New York Rubber, Dec. Chicago Whest, Dec. Chicago Corn, Dec. New York Hides, Dec. NEW YORK -COTTON Oct. (New contract) December ( >
Prev. Today's
9.54 9.49 0.55 9.49 .06 of
Quiet.
STERLING
There were sellers at 1/2.31/32 up to December, buyers at 1/3 for any delivery.
U. S. DOLLARS
10.70 10.80
Total sales Wednesday:-59,400 bales -NEW- --YORK-RUBBER
.06 aff
NEW YORK STOCK EXCHANGE
Celanese
STOCKS
QUOTATIONTM
(REUTER'S SERVICE)
OCTOBER 11, 1940.
16
MONDAY, OCTOBER 14,
BANKS
-1940.
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
-Authorised~ Capital $30,000,000-
INDIA, AUSTRALIA AND CHINA
Issued & Fally Paid-Up #90,000,000 Incorporated by Royal Charter,
Reserve Funds: Sterling
£6,500,000 Reserve Fund.....
Paid-Up Capital ............£3,000,000 H.K. Currency Reserve $10,000,000 Reserve Liability of Pro-
prietors......
Rangoon
£3,000,000
..£9,000,000
HEAD OFFICE: LONDON:
38, Bishopsgate E.0.2. Sup-Agencies In London: 117/19, Leadenhall Street, E.C.S West End Branch: 14/16, Cookspur Street, S.Wi Manchester Branch: 52, Mosley Street, Manchester,
AGENCIES AND BRANCHES"
PENANG
HARDIN HONG KONG MANGOO%.. ILOILO ПРОД
MARACHI
GALOUTTA KEANG
AGENCIES: KO
CLARK STARET KUALA FATELIN PLACE
CAWNPORI
COLOMBO DELEI
HAIPHONG
Francisco HAMBURG
Haiphong (Johore) Trentain
Paiping Yokohama
Penang
HANKOW
BALGOR
BERKURAN
SHANGHAI
SINGAPORN
BITLAWAN
SOURABAYA
LUMPUR
TAIPING
KUCHING
TIENTBAN
JONGEAE
(Bauket)
MADBAN MANILA
МЕГАЯ NEW YOR
PRIPING
(Peking)
·THINOTAO
TOKOHAMA
FORE.ON EXCHANGE and General Banking Business tranazotod.
CURRENT ACŒours opened 'sad' 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 Local Currency and Sterling with
CURRENT ACCOUNT" opened in interest sllowed at rates obtainabla LOCAL CURRENO and FIXED DEPOSITS | on", application! received for one year or shorter The Bank's Head Office in London periods in Local and other Cur-undertakes Executor and Trustes rencies, on term which will be business, and claims recovery of quoted on application
British Income Tax overpaid, og
Also up to date Sara DOSIT tarms which may be ascertained na Boxes in various sizes To Lar
any of the Agencies and Branches. Hong Kong 28th February, 1940,
R. A. CAMIDGE,
Manager.
HONGKONG 'SAVINGS
BANK
The Business of the above Bank 18 conducted by the HONGKONG A SHANGHAI BANKING OOR- PORATION. Rules may be obtain- ad on application.
For the HONGXONG & SHANGHAI
"BANKING" CORPORATION:*****
V. M. GRAYBURN,
Chief Manager. Hong Kong 25th Feb., 1939.
THE CHASE BANK
15. QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PINE STREET,
NEW YORK.
An American Bank offering com plete Foreign Banking Service
in the principal Markets of the world. Interest Rates sa Application.
|
BANK OF EAST ASIA, LIMITED
Anthorised Capital $10,000,000.00 Paid-Up Capital 5,508,600.00 Roserve" and Undivided
Profits
2,483,251.84
Head Office:-HONG KONG No. 10 Des Voeux Road, Central. Board of Directors:
SIR SHOPSON CEO, Chairman Li Koon Chan, Esz, « Li Lan Santy, Esq. P. K. Kwok, Esq., Wong Can Sos, Esq. Wang Tan Tong, Esq. Kan flor Fo. Baga Chai Peter Shoe Ba, May Phar wah Ba KAN TONG Po, Esq., Chief Manager Li Te Foss, Esa, Manager
Branches and Agencies:-
String
Karloos Poung
Loudes Manila
Bbgapore
1. Banguon Bombay's Balgan Bwa.bow Malboros Fran. Bydney
glaon Cachča
CONTEN
Last Sale
STOCKS
Last Sale
Oct, 10
51
Loew's Inc.
Oct. 10 25+
Reserve Liability of
Proprietors ..
$30,000,000
21"
Loft Incorperated.......... 201
33
Mack Truck Inc.
240
*82*
Martin, Glen L
311
99
McKesson & Robbins, pfd. 273
351
Montgomery Ward
401
11
M'tain City Copper Co.
3.
Head Office:-HONG KONG
Board of Directors: H. V. Wilkinion, Esq.,"
Chairman. Hon. Mr. J. J. Paterson,
Deputy Chairman,
14"
National Aviation .....
104
147
Nat. Dairy Products
13
J. K. Bousfeld, Esq., A. H. Compton, Esq., ".
153"
National Distillers
211
Hou. Mr. S. H. Dodwell,
ALOR STÁR
National Lead
174
G. Miskin, Esq.,
AMEITAAR
114
Nat Power & Light
K. S. Morrison, Esq.,
BANGIOK 2
404
National Supply Corp.
51
Hon. Mr. T. E. Pearce,
134
New York Centaal
144
C. C. Roberts, Esq.,
»
BATAVIA BOMBAY
1621
Niagara Hudson Power
4
Hon. M. A L Shield
765
N. American Aviation “.....
16.
B+
North American Co.
181
Sir Vandeleur M. Grayburn,
Chief Manager.
22
Northern Partic
61.
CANTON
161 -
Owens-Illinois Glass Co.
581*
Branche:
4
Pacine, Gas & Elec
281
Amoy
Johore
101
Packard Motors
34
Bangkok
Kobe ►
Baigon
I
Pan-American Airways'
151
Batavia
Kowloon San
101
Paramount Pictures
71
Bombay
Kuala
8
Pennsylvanila RR.
221
Calcutta
Lumpur Shangbai
Canton
London
91
Philadelphia Read, Coal
**
Singapore
Chafoo
791.
Phillips Petroleum
351
Lyons Bourabaya
Colombo
Malacca
Sungei
142
Public Service of NJ,
93
Dairen
Manila
15)
Pullian Inc....
241
Foochow
Muar
Patani Swatow
18
Pure Oil
7"
201
Radio Corp, of Am.
47
Bankow
Mukden
41
Reading Company,
Com
141
Harbin
Tokyo New York Tsingtao
31
Remington Arms Ču, Me
****
Iloilo
531
Republic Aviation Corp.
51
-Ipoh---
281+
Republic Steel
174
401
Revere Corp. .......
104
771
Reynold Tobac, “B”
35
5+
Safeway Stores
421
301
Schenley Distillers
10
Sears Roetick
784
251
Shell Union Oll"
81
54
Socany-Vacunum Oll"
381
Southern Pacific
8
17+
Southern Rly $5 pfd.
21
191
spiger Manufacturing Co. 321
*73
Standard Brands
61
27
Stand Gas & Elec,
1**
191-
Standard Oil of California
16)
18
Standard Oil of NJ.
311
77)
Stone & Webster
8
170
Studebaker Com
81
Swift International ....?
177
32+
Technicolor
35-
Texas Corph.
-331
5
Texes Gulf Sulphur
"33.
841-
Timken-Axle .....
281
71}.
Trans-America. Co.
4
38j
20th Cent. Fox:
54.
157*
Union Bag & Paper Corp. 111
494
Union Carbide & Carbon 727
331
Union Pacific.
82
481
United Aircraft
384
141*
United Airlines Trans
177
114"
United Corpn
14
14-
United Corpn. $3 cum pr. 334
11.
United Gas Corpu
**
-561*
United Gas Improvement 114
15
147
U.B., Industrual Alcohol UB. Rubber
221
201
27
US. Rubber $8 pid,
74
Bateria
191
US. Smelting
811
101
U.B. Steel
584
SAFE DEPOSIT BOXES
Bombay Clokentin Halphong
77#
Vanadium
314
How Toric Seattle
Homokata
Parts
46
Vultee Aircraft
264
Walworth Co.
49
33
Warner Bros. Pict
21
21*
Westinghouse Elec, ..................
104.
This Bank is entirely owned by TRI CHASE NATIONAL Bark. Naw, York, with Basoxrom of ovej U.S.$2,000,000,000.
Kabw
291"
Woodward Iron Cor.
291
Chase National Bank National City Bank
292*
243*
212
NA