1939-10-03 — Page 10

Daily Press 孖剌西報 All

Last Sale!

OCTOBER 1, 1939

Sept. 30

STOCKS

101

Last sule

Sept, 30

253

01

J. & Laughlin Steel $7 pfd. 80 Kennecott Copper

for

| Allis Chalmers

ས་བབ་ཅ་་

Lakey Foundry & Mac.

37*

Aluminium Ltd

89

Libbey-Owena-Ford

Glass

49

£

*

Amerada Corpe. «............

Lockheed Aircraft

23}

War Loan, 38%

Red

Amer. Can

114

Loew's Inc.

311

after 19521

J8-)

American Cyanamid" B.

331

Manhattan Shirt Co.

Amer. & Foreign Power ....

·2)

Martin, Glen L.

381

Chinese 41% Gold Loan,

Ameri & Foreign #7 pf....

231

McKesson, Robbins

153*

SINGAPORE RUBBER

Chinese 5

1898 (Brit. Issue)......

Cold Bonds.

American Gas & Elec

371

| Monsanto. Chemical

108)

SPOT

Amer. Locomotive

281

Montgomery Ward

541

OCT-DEC.

1925-47

38

Chin. 41% Anglo-French

Amer. Metals Co.

28

Wat. Dairy Products

15%

JAN.-MARCH

Amer. Radiator

101

Nat. Distillers ...

23}

Loan, 1908

Chinese 5 Crisp Loen,

Amer. Rolling Mill

21+

National Gypsum

101

: 1912

21

Amer. S'ting and Rʻing Co.

561

National Load

232

Chinese 5% Reorg. Loan.

Amer. Bugar Rinx

20

Nat Power & Light ...........

19

LONDON RUBBER

PAGE 10-HONGKONG » DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

London, Sept. 29. 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 errors in transmission.

Canton-K'loor Rly. 5%

40

NEW

·YORK STOCK EXCHANGE

STOCKS

Adams Express ........... Alleghany Steel Co. Allied Stores

QUOTATION

451

491

PAYNE & CO.

COMMODITY

BROKERS

STOCK EXCHANGE BUILDING

HONGKONG

COMMODITY MARKET REVIEW

(FROM PAYNE & CO.)

"

TUESDAY, OCTOBER 3, 1939.

BANKS

HONGKONG & SHANGHAI| THE CHARTERED BANK OF

·BANKING CORPORATION

Authorised Capital .............. 850,000,000 |

INDIA, AUSTRALIATM

AND CHINA

Lasued Fully Paid-Up $20,000,000 corporated by Royal Charter, 1353

Paid-Up Capital .....£8,500,000 Reserve Fund

Reserve Funda:

Sterling

...£3,000,000

...£3,000,000

£3,000,000

HEAD OFFICE: LONDON:

H.K. Currency Reserve $10,000,000 Reserve Liability of Pro- Reserve Liability of

prietors...

Proprietors.............$20,000,000 |

Head Office:-HONG KONG,

Board of Directors: Hon. Mr. A. L Shields,

WH Lock, Esq.;

Chairman.

Deputy Chairman.

J. K. Bousfield, Esq., A. H. Compton, Esq.. Hon, Mr. S. H. Dodwall, D. F. Landals, Esq., G. Miskin, Esq.,

38, Bishopsgate E.0.2. Sup-Agencies In London: 117/128, Leadenhall Street, E.C.3. West End Branch;

14/16, Cockapur Street, S.W.{. Manchester Branch: 62, Mosley Street, Manchester, 1.

AGENCIES AND BRANCHES:

HARNIN

ALOR STAR AMRITBAN MANGKOK BATAVIA BOMBAY

PENANG FONGTONd KANGOON ILOILO IPOR KARACHI XLAND

Sept. 29 buyers sellers

New York, September 30.

Sept. 30 buyers sellers

33-7/9

34

33-3/4

32-1/4

33-5/8 32-1/8

change 'up 1/8 off 1/8 off 1/8*

The market was irregular. “

BAIGON'

K. S. Morrison, Esq

SEREMBAN

Previous close

buyers

sellers

To-day's close buyers

Hon. Mr. T. E. Pearce,

SHANGHAL

sellers

change

1913 Lda. Is.)

32

Chinese 8% Ster. Notes,

1925 (Vickers:

Chin. Imperial Rly. 5%

LOBD

Honan Rly. 5

Hukuang Rly. 5%, 1911...

Hakuang Rly. 5%, 1911

German Issue)

Lung Tsing &z. U. Hai Rly.

5% 1013

9 1991

Amer. Tel & Tel.

1817

National Steel Corp.

79

SPOT

9-3/8

9-5/8

H. V. Wilkinson, Esq. Sir Vandeleur M. Grayburn,

CALLIONTA

SINGAPORE

AGENCIES: OB

SITIAWAN

CLIVE STREET

Amer. Tobaccġ “B”

75)

Nat. Supply Corpn.

124

OCT-.DEC.

Amer.. Waterworks

14

New York Central

9-1/2 9-3/4

Closed

Chief Manager. PATRIN PLACE

XUAL

MOURABAYA

22

JAN.-MARCH

9-3/4 -10

341

Anaconda Copper

Niagara Hudson Power

Branches:

71

CANTON CAWNPORE

CEBU

EUXPUB

TAIPING

KUCHING

TIENTSIN

MADHAB

ТОМСКАЯ

Atchison, T. & S. Fe.

33

N. American Aviation ......

211

Market closed.

Amoy

Ipoh

Auburn Motors ...

North American Co........

·221

Baltimore & Ohio

**

Northern Pacific

121

16

Barber Asphalt Co

Owens-Diinois Glass Co.

83+

171

Barnsdail Of

Paciic Gas & Imec.

30

Beridix Aviation

291

Pacific Lighting

451

S'hal-N'king Rly. 5%........

Tientsin-Pukow Rly, 5%

HR

11

Bethlehem Steel

931

Packard Motors

4.

1

12

Bliss & Co.

184

Paramount Pictures

*

Boeing Airplane Co.

zaj

Perinsylvania R.R.

27

(Brit. Stpd.)

11

Borg-Warner

281

Phelps-Dodge

14

Tientsin-Pukow Rly. 5%

Biggs M'factoring

251

Phillips Petroleum

451

(German Stpd.)

11

Tientsin-Pukow Ply. 5ue the

11

11

84

H.K. & S'hai Bank (Lán.

Rex.)

- ; ཏུཤྩ ྋ ས་

Brooklyn-M'hattan

Trans.

121

Pittsburg Coke & Iron

11}*'

Public Service of NJ,

381

B'klyn-M'hattan 36 cum pl.

(Brit. Stpd. Supl. Loan) Tientsin-Pukow Rly. 5% (Cer. Stpd. Supl. Loan) Jap. 5% Ste. Loan, 1907 231 Jap. 5% Ster. Loan, 1924 35

Ger. 7% Intl, Loan, 1924 5

Chartered Bank

Celanese

Chesapeake & Oblo

Chrysler Corpn.

Colts Patent Fire-Arma

51

Pullman Ine.

40

Canadian Pactile R*way,

Pure Oll

104

Case, JI

28.

Radio Corpn. of Am.

+9

451.

Reading Company, Com

211

911

Reading Company, 1st-pfd281

91

Remington Arms Co., Inc.

B

Columbia Gas & E

Republic Steel

27

83

Columbia 6% "A" pt:

Reynold Tobac. "B"

361

|

46

72

Richfield Oil

"

Commercial

H.K. & Shal Bank (Cul.

Commonwealth & 8. (orc)

Safeway Stores

427

Frev. To-day's

Reg.)

TO

64

C'wealth &·8. 6% cum pf.

Schenley Distillers

131

Chinese Eng. & Mining

301

Consolidated Edison

Schenley, 51% pid

65

New York Cotton, Oct.

(bearer)

9

Consolidated Oll

Sears, Roebuck

771

New York Rubber, Dec.

Chosen. Corporation

Continental Can

43

Seversky Aircraft '..

4$

Chicago Wheat, Dec.

Pekin Syndicate

Continental Q!l

Shell Union Oil

143

Chicago Corn, Dec.....

High Low Close Close Change

9.36 9.24 9.24 9.28 19.05 19.40 19.38 19.05 27 up

847

321 837

B41 3 up 511 50 491 51

כט 04,

S'hal Elec. Constr Co..

Corn Products

62

Socony-Vacuum Oil

134

Winnipeg Wheat, Oct.

S'hai Waterworks “A”..

10

7

18

New York Hides, Dẹc.

713 15.20

391 14.75 14.55 15.20

691b 71lb

Curtiss Wright (C.)

Southern Paciac

Union Insurance

19

2511

Curtiss Wright "A"

Southern Rly $5 pfd.

93

NEW YORK COTTON

Close

Opening

Closing

Gula Kalumpong Rubber 15/9

23

481

Deere & Co.

·Sperry

Allled Ironfounders

15/0

Distillers Corpn. Beagrams

141

Asso. & Elec, Industries 31/9

*7t

Spicer Manufacturing Co.

314*

October

9.24/24

9.24/24.

9/23/28

12 up 2. up. 65 up

Change

.40 up

December

8.89/90

8.90/91

8.99/9.01

11 up

Douglas Aircraft

Standard Brands

Austin Motors, "ord.

17/8

Du Pont de Nemours

1831

31

January

8.74 N

8.74/14

8,32 N

.08 up

Stand Gas & Elec...

Cable & Wireless, New

Eagle Picher Lead

121

Standard Oil of California

30

March

8.62/62

8.61/61

8.69/73*

..08" up

Form, ord.

44

Eaton Mfg. Co.

271

431

May

8.41/41

8.40/40

8.48/49

08 up

Standard Oil of N.J.

B.-A. Tob. (bearer)

80

Elec, Autolite

391

13

July

8.19/19

8.21/21

B.28/28

,09

up

Mercantile Bank

103

91

Btone & Webster

32

Spot

9,29 N

9.39 N

.10

up

Elec. Bond & Share

Swift International

Cammell Laird, ord,

6/7

Elec. Bond & Share $5 pt.

11

Technicolor

NEW YORK RUBBER

Mexican Eagle

4/6

Elec. Bond & Share $6 pf.

66*

473

Texas Corpn.

Courtaulds

25/9

Elec. Power & Light $7 pf.

34

December

19.36/38

36

19.21b/80a

19.$5/85

.27. up

Texes Gulf Sulphur

March

Distillers

86

18

18.50/50

18,50b/65a 18.60/66

.16 up

Flintkote

Dunlop Rubber

24

35..

Trans-America Co.

Food Machinery Corp.

131

May

18.250/35a

18.30b/50a

18.50/50

.15 up

20th Cent, Fox.

July

18.25 N

18:25 b

18:50 N

Gen. Electric (England)

61/9

Gen. American Trans.

62

25 up

20th Cent. Fox. $13 pf.

Guinness (A) Son & Co., 78/9

413

91

Total sales for the day:-720 tons.

Cen. Electric

Union Carbide & Carbon

Hawker Siddeley Alrc....

12

Gen. "Motors

55)

Union Pacific

105

CHICAGO WHEAT

Bristol Aeroplane

15

Gen. Railway Signa?

244

444

United Aircraft

Imperial Chemical Ind.

27/6

General Tire & Rubber Co 231

United Airlines Trans.

107

December ..................................... 821/82) -

83/831

84+/84)

Imperial Tobacco

105

Glidden Co.

191

3

May

823/820

831/83]

85/84%

up

Marks & Sp'eer "A" ord.

45

23

United Corpn.

Goodrich (B.F.)

United Corpn. #3: cum pf.

351

July

817/812

837/831

21 up

Rolls Royce

83

Goodrich. $5 pl.

United Gas Carpa.

21

Friday's sales:--27,043,000 bushels,

Leyland, Motors

77/8

Goodyear Tire & Co.

291

United Gas Improvement

137

Tate & Lyle

55

Great Northern Iron Ore ...

197

US., Industruni Alcohol-

251

CHICAGO CORN............

Turner & Newall

67/8

Great Northern Riy, pld,

311.

431

December

US. Rubber

494/497

50/50

507/51

up

United Steel

21/-

327

Great Western Bugar ...

US. Rubber $8 pfd.

105]

May

52}/62}

52+/53

537/54

up

Smethwick Drop Forg....

14/6

Greyhound Córpa. "...

171

781

July

U.S. Steel

53+/53+

544/541

Armstrong Stevens, ord.

5/3

Hercules Powder Co.

891

371

Vanadium

WINNIPEG WHEAT

Pressed Steel, com,

13/9

Homestake Mining

511

Warner Bros. Pict.

4

Vickers, ord.

15/6

Industrial Rayon

273

Westinghouse Hec.

1193

October

89 b

69+/691

71 B

2

Woolworths

55

International Harvester

69+

Woodward Iron Cor.

314

December

Anglo-Dutch

23/9

Int. Nickel

384

Chase National Bank

371*

May

711. b 751/751

71771}

73 B

TIŁ/TIŁ

99.9

Rub. Flant, Invest. Trust

26/7)

fnt. Tel & Tel.

53

National City Bank

303*

Burma Corporation........

8/9

Johns Manville

Commonwealth 'Mining...."

NEW YORK COFPER FUTURES December

Marsman Investments... 10/-

July

'-bid.

-ex. div.

Randfontein Estates

32/6

YN Silver. Official

11.22b/27a 11.35b/40a 35

11.25/26 11,40 A

Western Holdings

7/6

NY-London Cross Rate 4.01-3/4

Bub-Nigel con

175

1939

Tanami Gold. Mining..

4ld

High Low Dow Jones Averages,

Anglo-Iranian

57/6

155.92 121.44 30 Industrials

150,18

Burmah

60

35,90 24.14 20 Bil

Shell Trans & Trad

27.07 20.71 20 Utilities 99.22 88.51 40 Bondis

3431 24.83 8P.21

(bearer)......

81/3

60,53 45.59 11 Commodity Index 65.94

•-Nominal

NEW YORK HIDES

December .. March

14.88/90 June

15.20 N

NEW YORK STRAITS TIN

December

14.55/55

14.75/85 15.19/20 15.09/15 15.50/55 15.48/48 15.82/82

65 up

65 up

.62 up

COTTON; After a rather quiet and dull session, the market closed firmer on buying by the Trade, belter mill demand, specula- tive buying and firmness on Wall Street, following "receipt of news from Europe indicating probable rejection" by the Allies of the Russo-German peace feelers.

RUBBER: Prices overnight moved higher on good buying orders, a renewal of speculative interest and better factory demand.

WHEAT: - Absence of rain in the drought sections brought about a good measure of buying and covering and prices advanced on this factor together with better milling demand and the strength of the stock market.

NEW YORK STOCKS: Previous close. 150.18: To-day's close. 152.54; Change up, 2.38.

NEW YORK COMMODITY · MARKET

(By Courtesy of Messrs. Swan, Culbertson & Fritz and S. E. Levy & Company)

11.34b/382 11.4b/51a unquoted 1.02

.11 up .11 up

Chafoo"

Colombo Lyoas

Dairen Malacca

Foochow Manila Haiphong Muar

Hamburg (Johore) Tientsin Bankow Mukden Tokyo Harbin New York Tsingtao Honghew

Yokohama

PEIPING

(Peking)

FOREIGN EXCHANGE and General Banking Business transacted.

CURRENT Accounts' opened and FIXED DEPOSITS received for One Year or shorter periods in Lossl or Other Currencies at rates which will be quoted on application.

SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates obtainable

CURRENT ACCOUNTS opened in application. LOCAL CURRENcy and Fizzò Deposi The Bank's Head Ofon in Loudon received.. for one year or shorter undertakes Executor and Trustee. periods in Local and other Cur-business, and claima" recovery of rencies on terms which will be British Income Tax overpaid, on quoted on application.

terms which may be ascertained at

ALSO up to date Surz DEPOSIT any of the Agencies and Branches. 'Boxes in various sizes To Lar

R. A. CAMIDGE, Hong Kong. 25th September, 1939.

Manager.

HONGKONG SAVINGS

BANK

THE CHASE BANK

,14,` QUEEN'S ROAD, CENTRAL

HEAD OFFICE:

The Business of the above Bank- is conducted by the HONGKONG & SHANGHAI BANKING COR- PORATION. Rules may be "obtain- An ed on application.

For the HONGKONG & SHANGHAI

BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong, 9th Feb., 1830.

LIMITED

Authorized Capital...........$10,000,000,00

Esserve and Undivided

Head Office:-HONG KONG No. 10 Des Voeux Road, Central,

· Board of Directors:"""

Bir Shonson Chow, Chairma

Li Koon Chan, Esq.

F. K. Kwok, Baque

Li Lan Bang, Eag.. What Chu Hóa, Big Wong Tan Tong, Ex. Kan Ting Po, Esq. Chan Ching Shok, Esq. Fang Ping Web Esq. Kan Tong Po, Esq., Chief Managar. Li The Fong, Esq., Manager.

Bronches and Agencies 20 Kowloon Penang

Wingapara London Bangoon - Bouzabayn

Bakron awsto Mamma, Ban. Iza-' Bydowy

also antal.

Felping ...... Shanghak

Every description of Banking and

Exchange business transacted. Lowas

18, Pine STREST,

NEW YORK. American Bank offering com- plete Foreign Banking Service in the principal Markets of the world.

Interest Rates on Application.

. "SAFE DEPOSIT BOXES

This Bank is entirely owned by THE CHARE NATIONAL BANK, NEW YORK, with Resources of over U.8.$2,900,000,000.

D. M. BIGGAR,

Second Vice Pres

BANK OF CHINA

Specially Chartered by THE NATIONAL GOVERNMENT

......... OF CHINA AS AN

INTERNATIONAL EXCHANGE

PARABANK”

PAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHITNĄ). 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: SHANGHAI

Hong Kong Branch:

4; QUEEN'S ROAD, C. South China Offices:

granted on approved securities. CANTON Current Accounts opened in Local SWATOW

Currency and Fixed Deposita re |SHTUCHOW

KONGMOON TOISHAN

KINGOHOW

ceived for one year or shorter We also handle the issue of Bonds periods in Local and Foreign Cur

rencies on terms which will be and other Public Funds of the quoted on application.

SAFE DEPOSIT BOXES TO LIT.

KAN TONG PO,

Chinese Government both jat. Hone and Abroad. K

Bangkok

Johore

Batavia

Kobi

Penang Rangoon Saigon

COLOMBO DELHI

MANILA

(Bhuket)

MEDAN

TSINGTAO

HAIPHONG

NEW YORK

TOKOHAMA

Bombay

Kowloon

San

HAMBURG

Calcatta

Kuala

Francisco RANKOW

Canton

Lumpur

Shanghai

London

Singapore

Sourabaya

Sungei

Patani

Swatow

Peiping

Dailo

BANK OF EAST ASIA,

Paid-Up. Capital

. Profits

6,598,600,00

2,883,932.01

Aney

Bataria

Bumbay

up

Euphong

up

Kiskow

New York Beattie

Soniaba Kake

Pan

Kemerangi

48.00b/25a

45.00b/47.50a 46.25 B

unch.

Chief Manager.

SHOU. J. CHEN,

Manager.

MONEY AND

" DOW JONES AVERAGE

EXCHANGE

CLOSING QUOTATIONS (¤n Bangkok:--

OCTOBER 2 1839

On London:--

Telegraphic Transfer. 1/2.13/16 Bank Bills, on demand!/2 13/18 Credits 4 months' sight 1/3 3/8

On Shanghai:---

On demand

320

On Singapore:--

Un demand

...: 52,1/2

On Japan:-

On demand

105 1/2

7.

On India

Telegraphic Transter 82 5/8.

and demand

On New York:-

Bank Bills, on demand 24 3/4 Credits, 60 days' sight 25 5/8

Un Batavia-

45

On demand Sterling Notes:

Bank Buying Rate ... 141/18 Bar Sliver per. oz.

Market Repor

FROM ROZA BROS.

Bliver prices

Oct. 1, 1939.

Sept. 23, High Low Close Changes 182.84 150.82 152.54 2.39 up 35.75 34.6 35.81 1.30 ap 25.17 24.91 26.13 30 up 89.49.29 up 58.77 83.up Bariness Dono:—340,000 shares.

13/16 November, buyers at 263/16 Cash and probably 25 November.

Shanghal Dollars

Shanghai Exchange

Shanghai, Oct, 2 (Reuter)."

Official T.T. Rates

+50_1/4

335,

Shanghal Market

22 1/2

Sellers for Spot at 413/33 and closed with sellers at 4.27/64 for Spot.

London

New York

Japan

#India

Paris Hongkong

'Afternoon Market

were unchanged The market was dull in the

over the week-end for both dell-afternoon. veries, the quotations being 22.1/2 and 22.7/16 respectively.

There

Sterling

The market closed with sellers

were no Sliver advices. American at 1/3 October and 1/2.31/32 |Silver was quoted at 35. -

| November/January, buyers at 1/3 The London/New York crom-rate 1/32 Cash, probably 1/3 November was quoted at 403. New York/ and 1/2.31/32 February. London was quoted at 102.

#

Market

U.B. Dollars

The market closed with sellers

Dull,

at 25,1/8, buyers probably at 25, Sterling There were sellers at 1/3 Octo-3/16 for cash.

and/2.31/32 November/

On demand

On Paris:-

Bank Bills, on demand (085 Credits 4 months”, sight 1:45

ber Januar buyers at 1/31/32 Cash and 1/8 November.

Shanghai Dollars':

330 Nominale

Shanghel Market an

107-1/4

UB, Dollars

Nothing doing.

There

49 1/2

Un Baizon

On demand

On demand

Un Manila:-

Spot

150.

Spot

Oct:

0/8-3/4"

6-1/4

· 26-1/2- 20-7/8 2,75 24-7/8

Bollera Opening Cloning 0/4-13/32 0/4-33/84 0/4-5/160/4-15/12 -U.S... Dollars

$1-3/8 $7-1/18

7/3/18 7-15/32 Market:-Qulet but steady.

Merchant Rate Sterling, 0/4-11/32,

U.S. Dollars, 7-1/4.

Silver Duty Bate

The Central Bank of China's rate on London at 10 am, to-day

Firm Bellers of Sterling at was 1/2-1/21

INDO-CHINA

STEAM NAVIGATION COMPANY LTD

Operating Bervices for Cargo and Passengers

TO

"SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

SINGAPORE PENANG and CALCUTTA

SANDAKAN

HAIPHONG

For further.

please apply to

JARDIN

were 41/2 for Spot and US Dollars The Equilisation rate was 21-3/4ILERTONES Okin

sellers at 25.1/8 October and 24. sellers at 7.9/18 for Bpot FIE

| per centig

ESON: CO ERAL

Page 10Page 11

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