£
08-11/18
Canton-Kloon" Rly. 5%
15
Chinese 41% Gold Loan
1898 (Brit. Issue)
58
SINGAPORE RUBBER
Chinese 5% Gold Bonds,
1925-47
514
Buyers
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
LONDON STOCK - EXCHANGE
(REUTER'S SERVICE;
London, March 21.
The following quotations are the middle prices at the close of the market in London. All quotations! aro.subject to confirmation and no responsibility is assumed for errors in transmission.
War
将
Loan. 31% (Red after 1952)
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
NEW YORK, MARCH 23. Previous March 23
Closing Opening Closing Change
Buyers
NEW YORK STOCK EXCHANGE
STOCKS
Adams Express
Allis Chalmers
QUOTATION (REUTER'A SERVICM)
Last Sale
MARCH 24, 1940. STOCKS
Mar. 23
Last Sale Mar. 23
74* Libbey-Owens-Ford
Glass 50
Sterling"
Alleghany Steel. Co.
214*
Lockheed Aircraft
31
Allied Stores
72
Loew's Inc.
94
Reserve Liability of
Proprietors
$20,000,000
381
Loft Incorperated
33
MONDAY, MARCH 25, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital..... $50,000,000
11
INDIA, AUSTRALIA
· AND CHINA
Issued & Fully Paid-Up $20,000,000 Incorporated by Royal Charter, 1883
Reserve Funds:
Paid-Up Capital ..........£3,000,000 £6,500,000 Reserve Fund
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro-
prietora
...£3,000,000
...£3,000,000 HEAD OFFICE: LONDON:
Aluminium. Ltd,
104*
Mack Truck Inc.. ......
1 25*
Head Office:-HONG KONG
Amer. Can
1144
Martin. Olen L
43
American Cyanamid B.
381
McKesson & Robbins, pfi.
27*
Board of Directors:
Amer. & Foreign Power
11*
Monsanto Chemical
111
H. V. Wilkinson, Esq.,
Amer & Foreign $7 pf.
Montgomery Ward
534
American Gas & Elec,
34%
National Aviation
141
Amer. Locomotive
20*
Nat. Dairy Products
171
Hon. Mr. J. J. Paterson,
Deputy Chairman.
Amer, Metals Co.
243
Nat. Distillers .........
251
Amer, Radiator
81
National Gypsum
103
J. K. Bousfeld, Esq., A. H. Compton, Esq.,
1
Chin, 41
Anglo-French
SPOT
37-1/8
1.
Loan, 1908
50
APRIL-JUNE
Chinese 5% Crisp Loan,
JULY-SEPT.
36-3/8 35-1/8
Market closed
Amer. Rolling Mi
14
National Lead
211
Hon. Mr. S. H. Dodwell,
Amer, Sting and Ring Co.
491
Nat, Power & Light
7ཎྷཱ།
G. Miskin, Esq...
AMRITSAR
Amer, Sugar Refining
19
| National Steel Corp.
K. 8. Morrison, Esq.,
BANGKOK
Chairman.
38, Bishopsgate E.C.2
Sup-Agencies In London: 117/192, Leadenhail Street, E.0.3. West End Branch: 14/18, Cockapur Street, S.W.1. Manchester Branch:
59, Mosley Street, Manchester, 2
AGENCIES AND BRANCHES:
ALOE STAR
'HARDIN
HONG KONG
PENANG
LANGOON
BAIGON
85**
1913 (Ldn. Is.)
29
The market was quiet but steady.
Amer. Tel. & Tel.
Chinese 5%, Reorg. Loan.
39
LONDON RUBBER
Previous close Today's close"
Amer. Tobacco "B"
171 891-
T. E. Pearce, Esq.,
National Supply Corp.
81
C. C. Roberts, Esq.,
BATAVIA BOMBAY
ILOILO IPOH
SEDEMBAN
New York Central
151
1912
Buyers
Buyers
Change
Hen. Mr. A. L. Shields,
CALOUTTA
KARACHI KLANG
·SHANGHAI
SINGAPORE
Amer. Waterworks
97
Niagara Hudson Power
5
AGENCIES: KOBE
BITIAWAN
Chinese 8% Ster. Notes.
1925 (Vickers)
S POT
APRIL
11-1/4
Anacorida Copper
281
N. American Aviation
24+
Sir Vandeleur, M. Grayburn,
11-1/4
Atchison, T. & 8, Fe.
217
North American Co.
21
Chief Manager. FAILI FLICK
CLITE STAKET
KUALA
SOURABAYA
Chin. Imperial Rly 5%
MAY
11-5/16
Market closed
Auburn Motors
1}
Northern Pariña
74
Branches;
57
Loan
JUNE
11-1/4
Baltimore & Ohlo
43
Owens-linols Glass Co.
821
Honan Rly, 5%
15
JULY-SEPT.
11-3/16
Barber Asphalt Co.
14*
Pacific Gas & Elec
33
Amoy
Johore Rangoon"
Hukuang Rly, 5% 1911...
19
OCT.-DEC.
11-1/8
Barnsdall Ou
10%
Pacifle Lighting
471
Bangkok Kobe.
Bukuang Rly. 5%, 1911
Batavia Kowloon
Saigon
·San "
CANTON CAWNFORE CEBU COLOMBO
DELAI HAIPHONG
LUMPUR
TAIPINO
KUCHING
TIENTSIN
MADRAS
TOKOKAH
·MANILA
(Bhuket)
MIDAN
TAINGTAO
NEW YORK
YOTOKAMA
German Issue)
17
Lung Tsing & D. Hat
Riy. 5% 1913
13
shai-N'King Rly. 5%...
20
Tientsin-Pukow Rly. 5%
(Brit. Stpd.)
131
Tientsin-Pukow Rly. 5%
(German Stpd.) Tientsin-Pukow. Rly, 5% (Brit. Stpd. Supì, Loan) Tientsin-Pukow Rly. 5% (Ger. Stpd. Supt. Loan) Jap. 5% Ster. Loan, 1907 Jap. 6% Ster. Loan, 1924 Ger, 7% Intl. Loan, 1924 Chartered Bank
13
13
NEW 146.73; Change, unchanged.
NEW YORK COTTON: Market closed.
NEW YORK. JBBER: Domestic consumption during the first quarter is estimated at 155,000 tons, only slightly below the record of 158,500 tons in the final 1938 quarter.
CHICAGO, WHEAT: The market is easier on its own weight and there is no prenounced pressure or liquidation. A leading ex- still inadequate pert stresses that moisture in the South-West despite forecast of continued light rains over this week-end.-
YORK STOCKS:
Bendix Aviation
34
Packard Motors
31
Bombay
Kuala
Bethlehem Steel
Bliss Co.
Boeing Airplane Co.
Borg-Warner
Bridgeport Brass Corp...
Briggs Mig.
1s
Brooklyn-Mhattan Trans.
Brooklyn-Manhattan $6..
Previous close, 148.73: Today's close.
Canadian Pacific R'way
Case, JI
Celanese
13
50
Chesapeake & Ohlo
541
NEW
YORK COMMODITY, MARKET
Chrysler Corpn.
Climax-Molybdenum Co. „
8
(REUTER'S SERVICE)
H.K: & Shal Bank (Ļdn.
Reg.)
93
High Low
H.K. & S'hai Bank (Col.
Reg).
921
Chinese Eng. & Mining
New York Cotton, May New York Rubber, May Chicago Wheat, May
18.45 18.45
1051
105
1054
(bearet).
"-19
Chosen Corporation
6/0
Chicago Corn, May
56
561
561
* 501
Prev. Today's
Change Close Close
closed 10.59 18,41b 18.45 ,04 up off 105
off
Colts Patent Fire-Arms Columbia Gas & Elec. Columbia 6% "A" pf. Commercial Credit Co. Com, & Bouthern (Ord.) Consolidated Edison Consolidated Oll Continental Can
New York Hides, June
13.85
13.75
13.77
13.78b .01 off
Continental Oll
Pekin Syndicate
1/6
S'hal Elec. Constr. Co.
15
NEW YORK COTTON
Close
Opening
Closing
Change
Copperweld Steel
Shal Waterworks "A"
15:
May
10.59/59
Corn Products
Union Insurance
28.
Gula Kalumpong Rubber
Allled Ironfounders
20/7} 14
July July (New contract) October
10.37/37
Curtiss Wright (C.)
10.51 N
Curtiss Wright "A"
>
9.90/90
CLOSED
Deere & Co. ......
Asso. & Elec. Industries 41/10)
December
9.73/77
Distillers Corpn. Seagrams,
17
Austin Motors, ord......
...17
January
}
9.72 N
Douglas Aircraft
Cable & Wireless, New
Du Pont de Nemours
Spot.....
18.84 N
Form, ord.
61
First notice day for cotton:-1/5/40 and last day 22/5/40.
Eagle Picher Lead
Eaton Mfg. Co.
B.-A. Tob. (bearer)
102/6
NEW YORK RUBBER
Elec.. Autolite....
Mexican Eagle
12-5/8
March
Cammell Laird, ord.
7/41
May
Mexican Eagle
6/3
July
Courtaulds
36/11
September
Distillers
68/3
December
18.44b/50a
18.42b/50x 18.41b/43a 18.15/16' 18.12b/22a 18.00b/05a 18.025/12a 17.86 B
18.45b/50a 18.45/45 18.17/17 18.06b/10a 17.90 B
01 up
Mec, Bond & Share
.04 22
Eles. Bond & Share $5 pt.
.02 up
Plec. Bond & Share $6 pf.
.06 up
Elcc. Power & Light $7 pi.
.04 up
Fisk Rubber
Dunlop Rubber
33/3
Gen. Electric (England)
20/11
Total, sales:-60 tons
Last trading day:-27/3/40.
Filtrate
Guinness (A) Son & Co.
Gen. American Trans. ......
78/3
Hawker Siddeley Airc.
13/3
CHICAGO WHEAT
Gen. Electric
Bristol Acroplane
15/3
May....
Imperial Chemical Ind.
31/6
July
Imperial Tobacco
120
September
1053/105 ...1037/1031 1021/1023
105/105+ 1031/1031
1051/1051 1038/1031 1023/102.
1 off
Gen. MotorS
i off unch.
Gen. Rallway Signal
Gen. Tire & Rubber
Marics & Spicer "A" ord.
51/10)
Thursday's sales:-31,704.000 bushels
C
Glidden Co.
Goodrich (B.F.)
Rolls Royce
91/10
CHICAGO CORN
Leyland Motors
75/3
May
581/563
564/561
Tate & Lyle
$5
July
571/57
Turner & Newall
September
581:581
581/561 571/571 58/53
off
Goodrich 35 pi.
t off
Goodyear Tire & Co......
1 off
Great Northern Iron Ore ..
United Steel
Great Northern Rly, pfd,
WINNIPEG WHEAT
Smethwick Drop Forg
15
May
891/891
891/90
89 b
Armstrong Stevens, ord.
6
July
907B
Pressed Steel, com.
17
October
92 B
901/901 921A
1 off off
Great Western. Sugar
Greyhound Corpn.
Hercules Powder Co.
-unch.
Vickers, ord.
18/41
Homestake Mining
NEW YORK HIDES
Woolworths
65741
International Harvester
Anglo-Dutch
24/13
June
13.77/77
Rub, Plant. Invest. Trust 33/3
September
14,03/03
13.75/75 14.006/048
Buzma Corporation
9/3
New York, Official
34-3/4.
NY-London Cross Rate 3.72
13.76b/78a 14.02/02 Closed 3,71
,01" oft
Int Nickel
.01 off
Int. Tel. & Tel
Johns-Manville
Commonwealth
J. Laughlin Steel ST pfd.
Mining
Marsman Investments
14/6
Kennecott Copper
Randfontein Estates....
38/9
Lakey Foundry & Mac.......
Western Holdings
15/3
Sub-Nigel
186/3
Tanami Gold Mining....
6d,
WEEKLY RETURNS AND REPORTS
BANK OF ENGLAND
Anglo-Iranian
52/6
Burmah
71/108"
Shell Trans, & Trad.
(bearer)
78/9
Nominal
1--ex-dividend
PLENTY OF CREDIT ON MONEY MARKETĮ.
LONDON, Mar. 24 (Retter)—On the Money Market, despite pre- payments for war loan subscrip- tion, together with good holiday. currency enquiry, overnight credit continued to be plentiful.
This week's offer of £50,000,000 Treasury bills was fully allotted, the average rate being 20s., 4.924., which was a shade under last Week
As the billa constitute populär, maturity, Keen competition result- ed, the market's quota falling" to
38 per cent against 43 last week
Wall Street closed steady
LONDON METALS
EXCHANGE London, Mar, 21 (Reuter),
Davers TING
sellera
Standard, Cash 250-1/4 250-1/2 Standard.
3 months 248-1/2 248-3/4 Standard.
Betment Price: 2501 )
Straits
275-1/2
Public Deposita Other Deposits:—
Bankers
Other Accounta
Total Securities
.15 of
Business Done -390,000 shares'
London, March 21 (Reuter),
Mar. 14
£
Mar. 21
£.
155.98 121.41 30 Industrials
.146.73
24,930.
49,480
35 90. 24.14 20 Rails
27.70 20:30 40 Utilities
20.10 14.29,
114,040
* 98.120
32.99 84.51 40 Bonds
89.78
Obance .48 up 147.00 146.49 148.73.
.09 off 30.16 30.03 30.10. 24.31 24.18 24.24 .05 of
88,63
42,650 156,600
41.760
65.67 45.59 11 Commodity Index 69,55
139,880
136,350
133,640
Discount & Advances Securities Total Notes and Coins Tatal Bullion
3,220
7.320
23,770
28,000
28,990
33,220
40,440
40,880
1,340
1320
534,900"
540,640
24.23% 168/
21.48% 168/.
Govelties:--
Other
Nates in circulation
Ratio of Reserve to Liabilities Price of Gold at which holdings are valued
FEDERAL RESERVE SYSTEM
Bulls Bought
8. Becurities held
Federal Reserve Ratio,
Federal Reserve Credit Outstandin Monetary Gold Stock Industrial Advance
BROKERS' LOANS
New York, Mar, 21" (Reuter)." Loan on securities to brokers in New York:
Week-ended
New York, March 21 (Reuter). Mar. 16 (1939) Mar. 14 Mar. 21
(000's omitted)
1,000
$
2,564,000
2,477,000
2.475,000 84.35% #87.72% 87,83% 2,595,000 2,524,000 2,520,000 14,983,000 18,283,000 18,360,000 14,059,000 10,423,000 10.488,000
Shanghai Exchange
Silver Duty Rate
Shanghai, Mar 23 (Reuter). The Central Bank of China's rate on London at 10 am. today Week-ended was 1/2-1/20
Week-ended/
Mar. 18 (1939) Mar. 14 Mar,21 The Equalisation rate was 82, $715,000,000 $504,000,000 $185,000,000 per cent.
Muar Swatow
(Johore) Tientsin Makden Tokyo New York Tsingtao Peiping
Yokohama
HANKOW
(Peking)
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSIT received for One Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNT also opened in Local Currency and Sterling with interest allowed at rates obtainable on application.
CURRENT ACCOUNTS opened in LOCAL CURBENCY and FIX DEPOSIT
The Bank's Head Office in London received for one year or shorter periods in Local and other Cur-undertakes Executor and Trustee which will be business, and claims recovery of British Income Tax overpaid, on
ALeo up to date SAT DEPOSIT terma which may be ascertained at Boxes in various sizes To Len. any of the Agencies and Branches.
R. A. CAMIDGE, Hong Kong, 28th February, 1940.
Manager.
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., 1939.
P. K. Kwok, Eaq.
Li Lan Sang, Bag
Wong Che Son, Esq. Wong Yun Tong, Esq. Kas Ying Fo, Bag. Chan Ching Shok, Bad, Fang Ping Wab Eag Kan Tong Po, Esq., Chief Manager. 'Li Tae Fong, Esq., Manager.
Branches and Agencias :--
Perang
Bingapore Bourabaya Saigon Bwsbow
Melbourne. Bau Fran- Bydowy
clace anla
Vangogyer
Kalpong Nagka
New York Bentle Paris
Papink Shanghai
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
THE CHASE BANK
15, QUEEN'S HOAD, CENTRAL
HEAD OFFICE:
18, FINE STREET,
"NEW YORK.
An American Bank offering core- plete Foreign Banking Service in the principal Markets of the world. Interest Rates on "Application."
N
SAFE DEPOSIT BOXES
This Bank is entirely owned by THE CHASE NATIONAL BANI, NEW YORK, with soarom of ever
· U.S.$2,900,000,000.
D. M. BIGGAR,
Second Pion Pron.
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 CHINA) Owing to our numerous Branober 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:
+, QUEEN'S ROAD, C.. South Ching Officer:
Current Accounts eponed in Local CANTON Currency and Fixed Deposits re SWATOW ceived for one year or shorter SHIUCHOW periods in Local and Foreign Cur rencies on terms which will be quoted on application.
BATE DEPOSIT BOXES TO LET,
KAN TONG "PO,
Chief Manager.
KONGMOON TUISHAN KINGCHOW
We also handle the imue of Bonda and other Public Fands of the Chinese Government both at Home and Abroad..
SHOU J. CHEN, '..
Kandger
|THE KWANGTUNG PROVINCIAL
BANK (Inourpointed in Cblus)
INDO-CHINA-_—_—___—_—_
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Passengers
TO-
SWATOW, SHANGHAL, TSINGTAU, CHEFOO
and TIENTSIN.
KOBE and OSAKA
SINGAPORE PENANG. and CALCUTTA
BANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal in the French Concession at Shanghai, where passongers and cargo are landed.
For further particulars
please apply to
JARDINE MATHESON&Co. LTB TELEPHONE ZOŽIL • GENERALI
ANAGERS
General Banking Facilitim and Financial Agenta ta The Provincial Government of Kwangtang
Head Of Shlakwan, Kwangtang Province Hongkong Branch ---Queen's Bldg., & Chutor Ed. Cable Address:-"TROVINCIAL," 2029, 0443. Telephones:
20112, 20113, 20143, 20181, 3168i. BRANCHES THROUGHOUT -BOUTH CHINA Compunderts in New York and Lorden Paid Up Capital N$10,000,000. Reserva Capital .............. N$10,500,000.
AUYANG MANLY,
Hongkong Manager.
A Job?
WANT ADS
743
Pan-American Airways
212
Francisco BAMBURG
PRIPING
Calcutta Lumpur Shanghai
14+
Paramount. Pictures
Canton
London
Singapore
23"
Pennsylvania RR.
217
Chefoo
Lyoni
Phelps-Dodge
387
Colombe
Malacca
101
Phillips Petroleum
381
Dairen- "
Manila
Sourabaya Sungei
Patani
201
Pittsburg Coke & Iron
71*
Foochow
2+2
Public Service of NJ.
42
Haiphong Bankow
904*
Pullman Inc.
252
Harbir
51
Pure Qu
81
Iloilo
671*
Radio Corpn. of Am.
Ipoh
Penang
30
Reading Company,
Com
151
391
Reading Company, 1st pfd
25°
851
Remington Arms Co., Inc.
311
+39.
764
Republic Aviation Corp. ... Republic Steel
54
20
JI
51 Revere Cop. & Brass Inc. ..
12;
851*
Reynold Tobac. "B"
on terme rencies quoted on application.
411
451
Richfeld Ou
7
1
Safeway Stores
502
30ł
Schenley Distillers
13;
71
Sears Roebuck
86
477
Shell Union Oil
104
22
Socony-Vacunum Oll
13
167
Southern Pacific
121
591
Southern Rly $9 pfd.
254
· 10
Sperry
421
29
Spicer Manufacturing Co.
341
214
Standard Brands
19
19
Stand Gas & Elec
11
821
Standard Oil of California
227
1861
Standard Of of NJ.
*431
114
Stone & Webster
91
327*
Studebaker Com.
11
381
Swift International
253
57
Technicolor
15が
592
Texas Corp.
452
687
Texes Gulf Sulphur
339
28*
Timken-Axle
23
BANK OF EAST ASIA, LIMITED
1
15
Trans-America Co.
B
191
20th Cent. Fox
118
521
20th Cent. Fox, $1 pf.
Authorised Capital......$10,000,000.00 Paid-Up Capital .........
$,598,800.00
381
Union Carbide & Carbon
83
Beserve and Undivided
54
Union Pacific
951
Profits
2,883,932.01
184*
United Aircraft
471
20
United Airlines Trans
20
'251*
United. Corpn.
2
Head Office:-HONG KONG No. 10 Des Voeux Road, Central,
181
United Corpn. #3 cum pí.
39
841*
Board of Directors:
United Gas Corpn..
:1}
22
United
Gas Improvement"
Sir Showson Chow, Chairman
131
13
U.S., Industrual Alcohol. ...
LiKoen Chun, Esq.
211
24
US. Rubber
33+
277*
US. Rubber $8 pfd,
..1147*
16k
TS. Steel
55+
$5
Vanadium
33*
58
Tultee Aircraft
54
Walworth Co.
54
35
Warner Bros. Pict.
37
Amoy
Kowloon
Pataria
Loudon
Bangoon
4.
Westinghouse Elec.
111)
Bombay
Maclis
Qu
69**
Woodward Iron Cor.
247
57*
Chase 'National Bank
332*
fladkow
351
National City Bank
281*
nozolain Kobe
4.
*-bid
1939/40
t--ex. div. DOW JONES AVERAGE
High Low Dow Jones Averages Mar. 21, High Low Clos
Mar.: 24, 1940,
No comments yet.
Private notes are available after approval.