Adams Express
Alleghany Steel Co.
Allis Chalmers
390
Aluminium Ltd,
D2 3/4
NEW YORK, August 28, 1940.
Amer. Can
On demand..........
On India:-
94 1/2
SINGAPORE RUBBER
Telegraphic Transfer Ig 19 SPOT
-arid demand .....
On. New York:-
Bank Bilis, on demand 22 1/4 Credits. 60 days' night 22 3/8
On Batavia-
OCT.-DEC.
JAN. -MAR.
August 28 Previous
Opening Closing Close Buyers
Buyers 37-3/4 37-3/4 37-1/2
37 36-3/4 36-3/4 35
35
35
American Cyanamid B.
Change
Amer. & Foreign Power,
off 1/4
Amer & Foreign $7 pt. Amer. Locomotive
up 1/4
Amer. Metals Corne
Amer. Radiator
unch..
Amer. Rolling Mili
The market was quiet. LONDON. RUBBER
Amer. Sting and Ring Co.
Previous close Today's close
Amer Sugar Refining
On demand
On Paris:-
On Salgón:~~~
On demand
On Manila:-
p........ 41. 5/2
· buyers #
... buyers
Change
Amer. Tel, & Tel·
SPOT
12-7/16
12-1/4-
off 3/16
Amer. Tobacco "B"
Bank Bilis, on demand 1985
Credits 4 months' sight 150
SEPTEMBER
12-7/16
12-1/4
off 3/18
Amer. Waterworks
OCT. DEC.
JAN.-MAR.
12-1/2 12
T2-1/
all 1/4"
Anaconda Copper
11-78
DE 178
Atchison, T. & S. Fe.
06 3/4
APRIL-JUNE.
11-11/16
11-5/8
off 1/16
Aviation Corp.
PAGE 10-HONGKONG" DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
AUGUST 29, 1040.
On London:---
Telegraphic Transfer. 179 7/5 Bank Bills, on demand 1/2 7/9 Credits" 4 months' sight 1/3 1/5
On Shanghat:-
On, demand
On Singapore:-
On demand
On Japan:-
PAYNE & CO.
· COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
NEW YORK STOCK EXCHANGÉ
STOCKS
QUOTATION
(REUTER'S SERVICE)
AUGUST 29, 1948.
FRIDAY, AUGUST 30, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Cspital... $50,000,000
INDIA, AUSTRALIA
AND CHINA
Esued & Fully Paid-Up $90,000,000 Incorporated by Royal Charter, 18k
Reserve Funds;
Chairman. Hon. Mr. J. J. Paterson,
Deputy Chairman. J. K. Bousfield, Esq., A. H. Compton, Esq.,
Sie Vandeleur M. Grayburn,
Chief Manager.
HEAD OFFICE; LONDON:
23, Bishopsgate E.C.a
Sub-Arenales In London: 117/122, Leaderhall Street, "E.C.3 West End Branch:
14/16, Cockspur Street, W
Manchester Branch: 62, Mosley Street, Manchester, 2
AGENCIES AND BRANCHES
ALOR STAR AMRITSAR BANGKOK
BATAVIA BOMBAY OLICUTTA
HARDIN FONA TONG ILOILO
IPOR
KABACA! KLANO
AGENCIES: KOBE
CLATE STAKEZ AKUALA FAIBLIA FLAUN CANTON
`CAWNPORN," KUCHING-
COLOMBO
PENANG
LANGuan
- SITIAWAN.
SOURABAYA "TALPINO -TIENTSIN- --PONGKAB
(Bhuket)
Sterling
£8,500,000
List Sale
STOCKS
-Last Bale
Reserve Liability of
Proprietors
H.K. Currency Reserve $10,000,000
Paid-Up Capital Resarve Fund Heserve Liability of Pro-
£3,000,000
£5,000,000
$20,000,000
pristors
£3,000,000
Aug. 28
Aug. 28
51..
Lockneed Aircraft
252.
Head Office: HONG KONG
211
Loew's Inc.
25
323
Loft Incorperated .....
214
80
Mack Truck Inc.
212
Board of Directors: E. V. Wilkinson, Esq.,
081
Martin, Glen L
30
331
McKesson & Robbins, pid. 218
11
Montgomery Ward
401
15
M'tain City Copper Co.
31
131
National Aviation
151
Nat, Dairy Products
131
Hon. Mr. S. E. Dodwell,
71
National Distillers
201
G. Miskin, Esq.,
10)
National Lead
K. S. Morrison, Esq.,
163
› BAIGON
38
T. E. Pearce, Esq.,
+
Nat. Power Light
74
***
13
0.0. Roberts, Esq.,
National Supply Corp.
54
KIRUMBAN SHANGHAL
1614
Hon. Mr. A L Shield
New York Cential
111
SINGAPORN
741
Niagara Hudson Power.
4
82.
N. American Aviation_i
161
-21]
EUXFUE
North American Ca
191
Branches:
151
Northern Pacific
6
4
Owens-Illinois Glass Co....
49*
Amoy
The market was dull.
Baldwin Lecometive
15
Pacific Gas & Elec
29
Bangkok
"Batavis
On demand
"On Bangkok:----
On demand
44 1/2
NEW YORK COTTON: prices were easily
149 1,2
On Sterling Notes:-
Bank Buying Rate
Bar Silver per oz
23 3/6
YORK
{
::(
U.S. DOLLARS
May July
A small business was reported Spot.....
Market Report
FROM ROZA BROS.
fluenced. The strength at the close was timed with, the firmness of the securities.
NEW YORK RUBBER: There was some switching from Septem- ber to distant months.
CHICAGO WHEAT: It is reported that 75 per cent of the North-West receipts is entering storage on the loan. The cash mar- kets are firm.
NEW
NEW YORK COMMODITY MARKET
Sliver prices dropped 1/16 yes 126.87; Change, up 1.54, terday for both deliveries, the quotations being 23.3/8 fot Ready and 22.15/16 for Forward Silver advices reported the market 2.9 being quiet and featureless." Ameri- ! can Silver was quoted at 34.3/4] for Spot.
New York Cotton, Oct. The London-New York cross-New York Rubber, Sept. rate was quoted at 402.1/2, New Chicago, Wheat, Sept. York/London was quoted at 403.
Quiet
MARKET.
STERLING
Chicago Com, Sept. New York Hildes, Sept. NEW YORK. COTTON Oct. (New contract).
No business was reported. There December were sellers at 1/22.31/32 for near January and forward, buyers at 1/3 for March any delivery.
Hedging was comparatively light and
Baltimore & Ohio
3+
Johore Rangoon Koba
Saigon Kowloon San
CHESTE
MADRAS
MANILA
DELFI
MEDAN
Packard Motors
31
Barber-Asphalt Co.-
-10-
Bombay
Kuala
Francisco.
Pan-American Airways ***.
13N
Calcutta
Barnsdall Ou
8
Lumpur Shanghai
Paramount Pictures,
કર્યું
Canton
Bendix Aviation
London Singapore
301
Pennsylvania FR.
201
Chefoo
Lyons Sourabaya
Bethlehem Steel
·781
Philadelphia Read, Chal
4*
Colombo
Malacca Sungei
Bliss Co.
133
Phillips Petroleum
31
Dairen
Manila
Boeing Airplane Co.
131
Public Service of NJ.
347
Foochow
Muar
Eorg-Warner.
"-167
Pullman Inc...
191
Haiphong
Briggs Mig.
201
Rankow
Pure: Ou
71
STOCKS:
Previous close, 125.33; Today's close,
Budd M'facturing Corp.
37
Harbin
Radio Corpn. of. Am.
New York
42
Canadian Pacific R'way
3+
Reading Company,
Case, FI
47
Remington Arma Co., Inc.
Com... 13
43*
Iloilo 1pob
PeipingTM
Tokyo Tsingtao Yokohama.
Penang
Celanese
29
Republic Aviation Corp. 41
Chesapeake & Ohlo
391
Republic Steel
17
(REUTER'S SERVICE),
Chrysler Corpn.
733
Revere Corp.
91
Columbia Gas & Elec.
5+
Prey. Today's High Low Close 9.22 9.17 .9.17 19.35 19.25
Reynold Tebac. "B"
35
617 61
Close Change 9.21 .04 up 19.40 19:25 .15 off --711 718 unch. unch.
Commercial Credit Co..
301
Safeway Stores
431
Com, & Bouthern (Ord.)
11
Schenley Distillera
93*
Consolidated Edison
28
Sears Roebuck
79
Consolidated 08
B1
Shell Union Oll
Continental Can
38
Sucony-Vacunam Ol
Continental Oll
181
8,75
895b 20 up
Southern Pacific
୫
Copperweld Steel
18
Southern Riy $5 pfd. ... 181
Close
Opening
Closing
Change
Curtiss Wright (C.)
7+
... 9.17/17
Spicer Manufacturing Co. 281
9.17/17
9.21/22
04 up
Curtiss Wright "A"
251
Standard · Brands ............
6
)
9.13/13
9.34/14
9.18/18
.05 up
Deere & Co. ....
157
Stand Gas & Elec.
14*
9.04 N
9.02/02
9.08n
04 up
Distillers Corpn. Seagram's
174
|Standard Oil of California
18.
}
9.00/00
9,01/01
9.02/02
.02 up
Douglas Aircraft
714-
Standard O of NJ.
341
}
B.83/83
8.82/82
8.86/88
03. up
Du Pont de Nemours ... 1664
Stone & Webster
7#
}
8.82 N
8.63/83
8.64p
.02 up
Eagle Picher Lead
77*
Studebaker Com
7+
.9.65 N
9.69n
1,04 up
Eaton Mfg. Co.
301
at 22.5/8 for the second half of
Total sales Tuesday:-43,100 bales:
September. The market closed at CHICAGO CORN
i p.m. with sellers at 22.9/18 for September
forward and probably Cash, buvers December
Swift International
161
· Elec.· Autolite
34
Technicolor
10
Elec. Bond & Share
53
Texas Corpa...
354
19.40/40
19:35b7401
19.25/25
15 off
Elec, Bond & Share $5 pt.
634
Texes Gulf Sulphur
311
19.21/21
at 22.5/8 for Cash
January
19.05 N
44
SHANGHAI DOLLARS
March
Opened with sellers
at
4.11.
May July
Closed at lunch time, with sellers
19.00 B 18.90 N unquated..
19,16b/30a 19.10b unquoted unquoted
.11 oft
Elec. Bond & Share $6 pf.
707
Timken-Axle ......
241
19.08b 19.05/05 18.93b unqucted
.03 Up
Elec. Power & Light $7 pf.
37.
Trans-America: Co.
41
05 up
Flintkote
14
20th Cent, Fox
51*
03 up
Gen. American Trans.
46
Union Bag & Paper Corp., -12
Gen. Electric
333
May
for Spot,
at 414.1/2.
SHANGHAI MARKET" Steady. Opened with sellers at 3.5/8 and closed easier at 3.19/32
for Spot. US. Dollars opened
Tuesday's sales:-17,580,000 bushels.
with sellers at 5.1/2 for Spot and NEW YORK HIDES closed easier with sellers a 5.13/32 September
Total sales:-1,880 tons. WINNIPEG WHEAT September December
Gen. Motors
471
Union Carbide & Carbon 724
Union Pacific
052-
Gen. Railway Signal
113
United Aircraft
37
718/713
711/714
-741/741
741/74
718/714 741/74
Gen. 'Tire & Rubber
11
unch."
United Airlines. Trans
161
Glidden Co.
131-
United. Corpn.
11
751/756
.754/751
off
Goodrich (DF.)
111
Goodrich $5 pf.
501
United Corpn. $3 cum pf. 351 United Gas Corpn.
11
Goodyear Tire & Co.
15
December
611/612 613/611 561/561 581/504
612/611 * 57/571
unch.
Great Northern Iron Ore
131
United Gas Improvement 12)
US., Industrual Alcohol ...
18"
+. up
Great Northern Ris, pid.
24
U.S. Rubber
181
AFTERNOON MARKET
CHICAGO WHEAT
Great Western Sugar ...
19
Interest Bates ca Application.
U.S. Rubber $8 pfd.
82*
Quiet."
October
731a
7318.
7313
unch
Greyhound Corpn.
101
US. "Steel
-521
SAFE, DEPOSIT BOXES
Patani Swatow (Johore) Tiantain Makdan
NEW YORK PRIPING
(Peking)
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCourts opened and FIXED DEPOSITS received for Ons Year or shorter perioda in Local or Other Currencies at rates - which will be quoted on application...
SAVINGS ACCOUNT lad opened in Local Currency and Sterling with CCRBENT ACCOUNTS opened in interest allowed at rates obtainable... LOCAL CURRENCY and Fixed Deposita on application. received for one year or shorter The Bank's Head Office in London perioda in Local and other Car- undertakes "Executor and Trustee rencies on terms which will be business, and claims recovery of quoted on application.
British Income Tax overpaid, on terms which may be ascertained at ............. any of the Agencies and Branches.
R. A. CAMIDGE,
"Manager.
Also up to date Sara DarOSIT Boxes in various sites To L Hong Kong. 28th February, 1840.
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the HONGKONG + SHANGHAI BANKING COR- PORATION. Bules may be obtain- ed on application. ་ ་
For the HoxaxUNG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong 25th Feb., 1839.
THE CHASE BANK
18. 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
BANK OF EAST ASIA, LIMITED
Authorized Capital.. $10,000,000.40 Paid-Up Capital 5.498,000.00 Reserve and Undivided.
Profita
2,53,901.50
Head Office:-HONG KONG. No. 10 Des Voeux Road, Central,
Board of Directors:
SIR SHOPBON CHow, Chairman Li Koen Chan, Eng. Li Lan Sang, Esq. P. K. Kwok. Esq. Wong Chu Son, Esq. Wong Tan Tong, Esq. Kan Ying Po, eq. Chan Ching Shok, Esq. Fang Ping Wah Enq KAN TONG Po, Esq., Chief Manager Li Tas Fono, Esq., Manager
Branches and Agencies:
Amoy
!
Bloom" Penang Blagspord Loudon Bangoon Bowabnya
Baigon
webow
Melbourne San Fran. Sydney Nagaraka
HAIPHONG HAMBURG HANKOW
TRINGTAO
·YOKOHAMA
STERLING
December
7412
74fa
Hercules Powder, Co..
• 82+
Vanadium
311
Closed with sellers at 1/2.31/32 NEW YORK RUBBER for near and forward," buyers at september
International Harvester ...
401
Vultee Aircraft
8
8.75/75
Int Nickel
274
Bataria Bombay
Maylis
Haiphong
Hadkow
Xew York Seattle
ciso antiin.
CORTES
Honolaia Kaba
Paris
.
Palpinu
8.85/93
8.95b
20 up
Walworth Co.
4.
1/3 for any delivery.
U.S. DOLLARS
December March
8.95/98
9.05/8.95 9,13713
.18 up
Inter. Paper & Power
15
9.15/15
9.21b/253 9.32/32
17
Int. Tel & Tel.
Warner Bros, Pict.
28
20
up
Westinghouse Elec.
094
Kentecott Copper:
-281
Woodward Iron Cor.
251
34-3/4 4.03
Lakey. Foundry & Mac. Libbey-Owens-Ford"
31*
Chase National Bank
Glass 39
National City Bank.
281* 24*
• "bid.
t-ex, div,
The market closed with sellers Total sales, for the day;426 contracts. at 22.1/2 for Cash and 229/16 New York Official.... 34-3/4 Novembtr, buyers at 22.5/8 for NY-London Cross Rate 4.03 Cash,
SHANGHAI DOLLARS Business was done this afte: boon at 414.3/4, 415, 415.1/2 and also 418 was reported. At the close there were sellers at 415.1/2.
SHANGHAI MARKET Closed easy with sellers at Sterling at 9.37/64 for Spot and US Dollars at 5.3/8 for Spot.
Shanghai Exchange
Shanghai, Aug. 29 (Reuter).
Official T.T, Rates
London
New York
Japan
Paris Hongkong
Spot
.Aug.
Spet.
Spot
Aug.
Sept.
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Aug. 27.
Tientsin-Pukow Rly. 5%
(Brit. Stpd. Supl. Loan) 8
The following quotations are the middle prices at the close of the Tientsin-Pukow Rly 5% market in London: All quotations
(Ger. Stpd. Supl. Loan)
are subject to confirmation and no Jap. 6% Ster. Loan, 1824 32 responsibility is assumed for errors Ger, 7%. Inti Loan, 1924 54 in transmission.
Loan, 31% (Red after 1852) Panton-K'loon Rly. 5% "..
War
Opening 0/3-5/8
22-3/4
"5-378","
201
.......... 24 Sterling
Sellers
Opening Closing
0/3-19/320/3-37/64
0/3-19/32 0/3-37/64 0/3-37/64 0/3-9/18 B.S. Dollars
$5-13/32 $5-3/8' 5-13/32 5-3/8 5-3/8 5-11/32
Market.-Easy.
India Rupee Paper
Bombay Aug. 28 (Reuter): Govt 31% Rupee. 89-12-0,
Calcutta Exchange
Calcutta, Aug. 28 (Reuter). T.T. on Japan, 81-1/2.
Chinese 41% Gold Loan
1898 (Brit. Issue)
Chinese 5% Gold Bonds,
1926-47............
[Chin 44% Anglo-French,
Loam, 1908
Chinese 5% Crisp Loan:
.1912
Chinese 5% Reorg. Loan,
. 141% (Lên đa).
Chinese 8% Ster. Notes.
1925 (Vickers) Chin. Imperial Rly, 5%
Loan ...... |Honar Rly, 5%
Hukuang Rly, 5%, 1911. (LP. N/Y Issue); Hukuang Fly 5%, 1811
German Issue) Lung, Taing & Rly." 5% -1913 Shal-N'King Rly. 5%: Tientsin-Pukow Bly. 5%
(Brit. Stpd.) Tientsin-Pukow Rly 5%.
| *(German" Stya)
Hai
-1939/40
DOW JONES AVERAGE
High Law Dow Jones Averages 155.92 111 84 30 Industrials
35.90 99.18 20 Rails
27.70 18 03 20 Utilities 39.22 82 00 40 Bonda..
Aug. 20, 1840 Aug. 97, High Low Close
127.37 125.81 120.87 27.29 26.98 ·27.21
Change
125.30
1.64 up
26.85
.36 ap
23.00
22 25 22.08 | 22.22
.83 up
"
89,24
88.46 22 up 30.48 .17 ap
65.67 45 59 11 Commodity Index 50.31
יי
Business Done--380,000 shares
This Bank is entirely owned by
THE CEASE NATIONAL BANT New Yoas, with Besources of ang U..$2,000,000,000, *
D. M. BIGGAR, “ soond Fios Pr
A job?
WANT ADS
INDO-CHINA
STEAM NAVIGATION COMPANY LTD
Operating Services for Cargo and Passengers
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
Chartered Bank
H.K. & S'hal Bank (Lan."
Reg.).....
62
101
HK. & B'hal Bank (Col.
· Reg?"
62
Chinese Eng & Min
(bearer)...
16.
Chosen Corporation
Pekin Syndicate
B'hai Mec. Constr. Co.
TO-
Bhal Waterworks "A"
131
Union Insurance,
20
Gula Kalumpong Rubber
13/9
B.-A. Tob. (bearer)
77/67
Mercantile Bank
11
Dunlop Rubber
23/6
9
Bristol Aeroplane
9/3
Imperial Chemical Ind. 25/6
United Steel
17/14
Woolworths ......
58/6
Marsman Investments....
8/9
Western Holdings........
Sub-Nigel
165
Shell Trans, & Trad..
(bearer)
32/6
་ས་ཆ
་ས་ ་་
Nat Defence Bonde, 3% 1007 London-Midlanda-Scot-
-tish, 3%
Great Western Rail
way, 3%
Nat Bank of India, 3%
Bad TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN.
HAIPHONG
All steamers berth alongside the Roosevelt Terminal Ia the French Concession: at
Shanghai, where passengers and cargo are lauded..
For further particulars
plesso apply to
JARDINE MATHESON&Co.,LTD. TELEPHONECROSI GENERAL MANAGERS
SALLADE Shangha
Every description of Banking 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- rencies on terms, which will be quoted on application.
SAPE LEPOSIT Boxes To Lar.
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by." THE NATIONAL GOVERNMENT OF CHINA ASAN INTERNATIONAL EXCHANGE
BANK BAID-UP CAPITAL 340,000,000.00 (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:
4, QUEEN'S ROAD, C. South China Offices
CANTON
SWATOW SHIUCHOW
KONGMOON
TOISHANT KINGCHOW
We also handle the issue of Bonda and other Public Funds of the Chinese Government hoth at Home And Abroad.
SHOU CHEN,
No comments yet.
Private notes are available after approval.