Last Sale
Oct. 5
OCT, 6, 1939 STOCKS
Last Sale Oct. 5
241 91
J. & Laughlin Steel $7 pfd. 77 - - Kennecott Copper
40
Allis Chalmer
431
Lakey Foundry & Mac.
31*
Aluminium Ltd
91
Libbey-Owens-Ford Glass
491
...... 315
Amerada Corps.
Lockheed Aircraft
28
Amer. Can
1137
Loew's Inc
341
52 1/9
American Cyanamid B
331
Manhattan Shirt Co...
191
On demand
105 1/9 Amer. & Foreign Power ...
.. 23
Martin, Glen. L.
361
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
"MONEY AND
EXCHANGE
CLOSING QUOTATIONS
OCTOBER 6.
On London:-
1939
ww
Telegraphic Transfer. 141-16 Bank Bills. on demand 1/3 13/16 Credits 4 months' sight 1,3.3/8
On Shanghai:-
On demand
On Singapore:---
On demand
On Japan:-
NEW YORK STOCK EXCHANGE
STOCKS
Adams Express..... Alleghany Steel Co. Allied Stores
QUOTATION
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
SATURDAY, OCTOBER 7, 1939.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION:
Authorised 'Capital. $50,000,000
INDIA, AUSTRALIA
AND CHINA
(wurd & Fully Paid-Up $20,000,000 Incorporated by Royal Charter, 1883 Reserve Funda:
Paid-Up Capital £4,500,000 Reserve Fand
£3,000,000
Sterling
Proprietors
$90,000,000
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro Reserve Liability of
prietorsh
£3,000,000
£3,000,000
HEAD OFFICE; LONDON:
Head Offer:-HONG KONG
New York, October 5, 1939. October 4. October 5
Ameri & Foreign #7 pl....
281
McKesson. Robbins
-15%
On Indianse
Telegraphite Transfer.
American Gas & Elec
267
Monsanto Chemical
1081
SINGAPORE RUBBER
.. buyers sellers... buyers sellera
"
and demand
On New York:--
Amer. Locomotive
27
Montgomery Ward
537
SPOT
33-3/4
33
change of 3/4
Amer. Metals Co.
253
Sat: Dairy Products
18
JAN.-MARCH
32-1/4
5 5 5 5
Bank Bills on demand 24 7/8 Credits, 60 days' sight 23 3/4 Un Batavia;—
Amer. Radiator
101
Nat. Distillers
221
APRIL-JUNE
31-3/4
31-1/2 31
off 3/4
of 3/4
Amer. Rolling Mil
21
National Gypsumm
101
The market was quiet.
Amer. S'ting and Ring Co.
541
National Load
22
On demand"
On Paris:-
45 1/2 Amer. Bugar Ring .
Amer. Tei. & Tel
241
Nat Power & Light
81
1611
National Steel Corp.
TU
Bank Bills, on demand 1085 Credits 4` months" sight [145
Amer. Tobacco "B***** Arder. Waterworks ......
78
Nat. Supply Corpn.
12
13)
New York Central
201
On Salzonen
Anaconda Copper
331
Niagara Hudson Power
71
On demand
Un Manila:--
107 1/2
Atchison, T. & S. Fe.
314
N. American Aviation ......
201
Auburn Motors
North American Co.
221
On demand
49 3/4"
Baltimore & Ohio
71
Northern Pacific
114
On Bangkok -
Barber Asphalt C
161
Owens-Illinois Glass Co.
631
On demand 150 1/4
Sarnsdall On
16
Pacific Gas & Eléc,
291
Bank Buying Rate
1/4
unchanged
Sterling Notes:-
Bar Silver per, oz, a..................., 21 1/4
Market Report
FROM" ROZA BROS,
Were
80ver prices yesterday, the quotations remain- ing at 21.1/4 for Ready and 21 for Forward. Silver advices reported spéculators
as having operated both ways. The market was quiet but steady. American Silver was quoted at 35 for Spot,
The London New York crom-rate was quoted at 402. New York London was quoted at 404.1/B.
Market
Case. J.I Celanese
Chesapeake & Ohio Chrysler Corpn.
Colts Patent Fire-Arms Columbia Gas &
Bendly. Aviation
231
Pacife Lighting
441
Bethlehem Steel
881
Packard Mótors
4
Bliss & Co.
17)
Paramount Pictures
Boeing Airplane. Co.
23"
Pennsylvania R.R
Borg-Warner
271
¡Phelps-Dodge
431
Biggs M'facturing
Phillips Petroleum
Brooklyn-M'hattan Trans. B'klyn-M'hattan 56 cum pt. Canadian Pacific R'way.
12+
Pittsburg Coke & Iron
11"
42
Public Service of NJ
383
51
Pullman Inc
381
83
Pure Oil,.....
25-1
Radio Corpn. of Am.
433
Reading Company, Com
20
NEW
922
Reading Company. 1st píd
281
87
Remington Arms Co., Inc.
51
74
Republic Steel
261
Columbia 6% “A” pí. Commercial
821
Reynold Tobac. "B" ·
36
45A
Richfield Ou
Commonwealth & 8. (ord.)
12
Safeway Stores
New York Cotton, Oct.
C'wealth & S. 6. cum pí.
65
Schenley Distillers
121
New York Rubber. Dec.
Quiet.
Consolidated Edison
30
Schenley, 51% prä.
Chicago Wheat, Dec.
Sterling
Consolidated Oli
81
Sears Roebuck
777
Chicago Corn, Dec.
Continental Can.
471
Seversky Aircraft
42
Winnipeg Wheat, Oct.
29
Shell Union Oil
148
New York Hides, Dec
62
Socony-Vacuum Oli
137
T
Southern Pacific
172
NEW YORK COTTON
Curtiss Wright "A"
Deere & Co.
26
| Southern Rly $5 pfd,
32
October
244
Bperry
461
December
U.S. Dollars
141
Spicer Manufacturing Co.
231
January
Douglas Aircraft
75
Standard Brands
6
March
1781
Stand Gas & Elec.
3
May
121
Standard Oil of California
291
July
27
Standard Où of NJ.
48
Spot
387
Stone & Webster .....
13
Elec. Bond & Share
91
Swift International
32
NEW YORK RUBBER
Elec. Bond & Share 5 pr. Elec, Bond & Share $8 pt. mec. Power & Light $7 pf. Flintkote
577
12
Technicolor
December
632
| Texas Corpn. '
471
March
Texes Gulf Sulphur
301
May
174
Trans-America Co.
July
331
20th Cent. Fox.
14"
50)
20th Cent...Fox. $13 pt.
24
407
Union Carbide & Carbon
891
CHICAGO WHEAT
544
Union Paciic
100)
December
Gen. Railway Signal
234
United Aircraft
431
May......
1
General Tire"& Rubber Co 22} Glidden Co.
United Airlines Trans.
10%
July
18.
United Corpn.
21
in the Goodrich (BF.)
224
United Corpn. 33 cum pt. 36
CHICAGO CORN
afternoon.
-Goodrich" $5 pfe
United Gas Corpo
2
December
Sterling
Goodyear Tire & Co.
281
United Gas Improvement
14
May
Great Northern Iron Ore
19.
U.S., Industrial Alcohol.
241
July
304
US. Rubber
423
301.
US. Rubber £8 pfd.
101
WINNIPEG WHEAT
10:
US. Steel
747
October
Hercules Powder Co.
90
Vanadium
361
December
U.S. Dollars
Homestake Mining ..
*54"
Warner Bros. Pict.'
42
May
271
Westinghouse
Tec.
117
NEW YORK HIPES!
65
Woodward Iron Cor.
291
391
51
Chase National Bank National City Bank
351*
December
March
742
June
اله
NY Silver, Ometal .... 35 NY-London Cross Rate 4,05-5/8
JJ
...There were sellers at 1/3 Octo. ber/December and 1/2.31/32 Janu.
Continental 011
ary/February. buyers at 1/3.1/82 Corn Products Cash, 1/3 January and 17231/32 (Curtiss Wright (C) possibly March.
There were sellers at 25.5 16 Distillers. Corpn. Seagrams Cash, 25.1/4. October, 25.1/8 No-
vember and 25 December. buyera Du Pont de Nemours at 25.3/8 Cash. probably 255/18 Eagle Picher Lead ...... October, 25.1/4 November and 25.Eaton Mfg. "Co. 3/18 December.
Shanghai Dollars
Opened with sellers at 328 and at the close there were sellers at
331.
Shanghai Market
Elec. Autolite
Food Machinery Corp: Qulët. There were sellers at Gen. American Trans. 4.1/2 for Spot. Towards the close Gen. Electric sellers were reported at 4.15/32 for Gen. Motors Spot.
#
Afternoon Market
dull
The market, was
The market closed with sellers
at 1/3 October/December and 1/2. Great Northern Rly, ptd. 31/32 January/February, buyers, at Great Western, Sugar 1/31/32 Cash, 1/3 January and Greyhound Corpa. 1/2.31/32 probably March.
The market closed with sellers Industrial Rayon at 25.1/4 October, 25.1/8 Novem International Harvester ber, and 25 December, buyers at Int. Nickel 23.5/16 October, probably cash. Int. Tel & Tel 25.1/4 November and 25.3716 De- Johns Manville
cember.
331.
Shanghai Dollars
Shanghai Market
4.15/32.
Shanghai Exchange.
Shanghal, Oct. 6 (Reuter)
Official T.T. Rates
1938
I-ex. diy.
DOW JONES' AVERAGE.
Higb Low Dow Jones Average, 355,92 131,44, 30 Industriale
38.00 - 24.14' 30 Baile 97.07 30.71 20 Usilikam $2.29 86.51 40 Bonds
150.25
Change
23 up
04 up Calcutta Exchange
Oct. 8, 1933, Oct. 4, High Low Close
161.68 149.72 150.48 33 89 34.83-33.79 (-33.02 $95,60 25.07. - 25.39 :25,16 89.34
89.39 56.99 Business Done :-910,000 shares.
.18,up
80.53 45.59 11 Commodity Index 54.73
Calcutta, Oct, 5, (Reuter). .05 up .58 up TIT, on Japan, 78-3/4.
Opening 0/4 .6-11/10
28-1/2
22-1/4 2.93 26-5/8
Sellers Opening Closing
WEEKLY RETURNS AND REPORTS
"London"..
New York
Japan
India
Parts
Hongkong
Spot Oct.
Nov.
0/4-1/2 0/4-15/32 0/4-1/2 0/4-15/32 0/4-13/32 0/4-3/8
U.S. Dollars
Spot
$7-9/18 $7-17/32
Oct.
7-9/16
7-17/32
Governme
Other
7-11/32
Nov.
TERIAL
7-3/8
Market:Quiet.
Merchant Rate
Sterling. 0/4-7/18.
US. Dollars, T7-1/2.
Silver 'Duty Rate
The Central Bank of China's rate on London at 10 am to-day was 1/2-1/2d, unchanged from yesterday,
The Equalisation rate was 13 per i cent.
New York, Exchange
Oct. 5 (Beuter); New York
TT. on London (Opening Rate); 4.04-5/B.
INDO-CHINA
STEAM NAVIGATION COMPANY LTD
BANK OF ENGLAND -
London, October & Bouter).
Sept. 28
Oct. 5
19,840
15,350
106,080
TO-
40,870
146,900
113,620
Public Deposită. Other Deporte:--
Bankers Other Accounts Total
Becurities
Discount & Advance
Securities
Total
Notes and Coins
Total 'Bullion
Notes in circulation
Radio of Reserve to Liabilities
Price of Gold at which holding are valued
FEDERAL RESERVE SYSTEM
24,720 43,130
9:00
538,750 23.07%
168/
New York, October 8 (Reuter),
Bept. 23
Oct. B c000's omitted)
Bills Bought
V.B.TM Securities held
Federal Reserve Ratio
Federal Reserve Credit Outstanding
Monetary Gold Stock
1,000 2,804,000 85.13% 2.846,000 18,925,000.
1,000
2,785,000
485.28%
2,837,000
Industrial Advance
11,844,000
16,958.000 11,841,000
Operating Services for Cargo and Passengers
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA.
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
For further particulars
please apply to
- JARDINE MATHESO TELEPHONE ZOZILO GENERAI
GERS
THE MERCANTILE BANK "OF INDIA, LIMITED
Heed Office:~15, Gracechurch Street, London, E.GA Authorised Capital
bscribed Capital Paldey Capital ski
Raterra Fund and Best,
BANKERS:
The Bank of England and Midland
Back, Ltd, BRANCHES
Bangkok
Ipoh
Socibay
Cleats
Kuantan
Daleinbe
Kandy
Karnehl
Galle
Kope Hime
Kuala Trengganu
Madrag.
New York
-Peng
Tangoon
Shanghal
Hangbag Han's Lips N Stat
Firs
Kuala Lumpur Hingspor
HONG KONG BRANCH: Every description of Banking und krehkage, borinass transacted.
Travellers, Choquna lanted, jant TRUSTEE AND EXECUTORSHIP. WEWSALARIE UNDERTAKEN U VOORRENT ROOQUITA opened" in Lati Dur Pinoy and RECHO DEPOSITE rubelsad La., Kameni Catremay, STERLING & U. B. DOLLARA ca teras: that may be Lacertained on appligation.
G. DANBENSON.
14:50 13:90
Close
Opening
Closing
9.10/10
9.14/14
9.11/11
8.80/82
8.84/84
8.81/81
.01 off
8.68-N
8.89b/70a 8.61/64
.02 off
8.52/63
8.54/54.
8.54/54
.01 up
8.36/37
8.37/37
8.34/34
8.15/15
8.17/17
8.13/13
..03 off .02 oft
9.20 N
19.00/00
17.75/75
17.50b/60a
17.50. N
18.95b/19.05a 19.15/15 17.85b/90a 17,95/95 17.50b/702 17.75b/80a 17.40b "17.75 N
.15 "up
20 BD .20 up 23 up
Total sales for the day:-730 tons
813/81
81+/817
811/82
817/010
81+/811
82/821
801/801
803/801
999
up
up
+403/498
101/167
50/491
521/521
521/62
522/521
531/631
531/591
1999
up
up
יון
891 b
697/691
up.
.718 b
713/71E
718/711
up
701 b..
76/761
763/761
up
14.45/45.
14.50/50
14.77/80
15.08 N
14.40/40 14.67/68 14,74/74 14.92b/15,00a 15.02b/10
05 off .06. of ,04 'up
35 4.04-1/8
COTTON: Trade demand was somewhat broader at the opening." but tapered off. Hedge-selling was moderate With the favourable weather for gathering, we expect full ginnings. The Dry Goods" market was quiet. Interest is centered on to-day's Herr Hitler's Reichstag address in which a peace offer is expected, to be made.
RUBBER: The market was quiet, but steady. Commission Houses bought, but dealers stood.by. Sentiment was mixed. Factory buy- ing is expected on any further decline,
WHEAT: Business was comparatively light and prices were easily influenced. The late strength was attributed to better milling de- mand and a good measure of buying and covering. Absence of rains in the drought sections is a substaining factor.
HIDES: Tanners and Commission Houses
are reported to be buyers at the decline. The technical position is healthier,
"NEW YORK STOCKS: Previous close, 150.25; To-day's close. 150.48: Change up, 23.
YORK COMMODITY MARKET
(By Courtesy of Messrs, Swan. Culbertson & Fritz and S. E. Levy & Company)
Prev. To-day's
High Low Close Close Change
8.84 8.79 *8.82 8,81 .01 OIT 19.25 19.05
19.00 19.15 .15 up 821 81 811 *2
1. up 501 491 497 50
69 b 697 14.45 14.40
India Rupee Paper
up
up
.05 off
Change
.01 up
Bombay, Oct. 5 (Reuter). Govt, 34% Rupee, 33-08-0,
Board of Directors: Hon. Mr. A. L. Shields,
W. H. Lock, Esq..
Chairman.
Deputy Chairman, »
J. K. Bousfeld, Esq., A. H. Compton, Esq., Hon. Mr. 9. E. Dodwell, D. F. Landalo, Esq., G. Miskin, Esq.,.
K. S. Morrison, Esq.,
Hon. Mr. T. E. Pearce,
H. V. Wilkinson, Esq.
Sir Vandeleur M. Grayburn,
Chief Manager.
Hamburg (Johore) Tientsid
"Mukden Tokyo
Tsingtao Yokohama
*38, Bishopsgate E.0.2
Sun-Agenėlės In Londen: 117/199, Leadenhall Street, EC3 West End Branch:
14/16, Cockspur Street, B.W.1. Manchester Branch;
12, Mosley Strest, Manchester,` 2.
AGENCIES AND BRANCHES:
ALOR STAR HARBIN
PENANG AMBITHAIL HÙNG TONG HANGOON BANGKOK
ILOILO. BATAVIA
IPOH BOMBAY
KARACHI CALCUTTA
HANG"
AGENCIES: CLIVE START PAILIN ACK CANTON
CAWNFORE
300
COLOMBO
DEMN BAIPHONG HAMBURG HANKOW
I
КОВА TOALA
LUMFOR
KUCHING
MADRAS
KANILA
MIDAN
.4
SALOON
BIEZMIAN
SHANGHAI
SINGAPORE
SITIAWAN
HOT KABAYA TAIPING
TIENTSIN
TUNOKAR. "
(Bhuket)
TSINGTAO
NEW YORK. TOTOHAMA PRIPING
(Paking)
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT AUNTS opened and | FIXED · DEPOSIm. received for One Year or shorter periods in Local or Other Currencies at rates, which will be quoted.cn application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates obtainable
CURRENT ACCOUNTS opened in on application. Total LOCAL CURRENCY and FIXED DEPOSITS. The Bank's Head Office in London. received for one year or shorter undertakes Executor and "Trustee periods in Local and other Cur-business, and claims recovery" of rencies on terms which will be British Income Tax overpaid, on quoted on application.
terms which may be ascertained at any of the Agencies and Branches.
B. A. CAMIDGE,
Manager.
Atao up to date. Ear DEPOSIT
Boxes in various sizes To Let Hong Kong, 25th September, 1939.
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.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1938.
BANK OF EAST ASIA.
LIMITED
2
5,598,000.00
Authorised Capital.....$10,000,000,00 Paid-Up Capital ........ Reserve and Undivided
Profita
2,883,032.01
Head Office:--HONG KONG No. 10 Des Voeur Road, Central.
Board of Directors:
Bir Showson Chow, Chiirman
ti Koon Chan, Bay, Li Lau Sang, Esq. ↑ F.K. Kwok, Esq. Wong Cha Son, Eng. Wong Yun Tong, Esq. Kan Ting Poy Bag. Chan Ching Shok, Esq. Fangs Ping Wah Bag Kan Tong Po, Esq., Chief Manager. Li Tsa Fong, Esq., Manager.
Branches and Agencies -- pre
Birapor Razgoon Boneasa ya
Kowloon London
Magumka
Palping
Bemarang Shanghai
THE CHASE" BANK
16," QUEEN'S ROAD, CENTRAL
-
HEAD OFFICE;
18, P STRENT,
NEW YORK. An 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
CHABE NATIONAL BANK, NEW YORK, with Bosonross of over 1.5.$9,900,000,000.
D. M. BIGGIAB,
Second Vice Prst
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN' INTERNATIONAL EXCHANGE
- BANK - PAID-UP CAPITAL $40,000,000.00
(BRANCHES ALL OVER CHIKA) Owing 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 Domestic and Foreign Banking and Exchange.
Head Office:-SHANGHAI Hong Kong Branch:
4, QUEEN'S ROAD, C. South China Offices:"
Every description of Basking and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposits re- ceived for one year or shorter periods in Local and Foreign Car- CANTON rencies on terms which will be SWATOW quoted on application.
SHTUCHOW BAPE DEPOSIT Boxes To Let.
KAN TONG PO,
Chief Hanager,
KONGMOON TOISHAN
KINGCHOW
We also handle the issue of Bonds and other Public Funds of the Chinese Government both at Home and Abroad.
BHOU J. CHEN,
Manager.
Branche:
Amoy
Ipoh
Penang
Bangkok
Johore
Rangoon
Batavia
Kobe
Saigon
Bombay
Kowloon San
..Calcutta
Kuala
Francisco
Canton
Lumpur Shanghai
Chefoo
London
Colombo Lyons
Singapore Soursbay &
Dairen
Foochow "Manila
Haiphong Muar
Patani Swatow
Esakos
Harbin
New York
Hongke Iloilo
Peiping
Malacca 'Sungei
Berabe
Hankow flonskala Robe
New York Beattie
Paris
Page 10Page 11
No comments yet.
Private notes are available after approval.