1940-09-04 — Page 10

Alleghany Steel Co.

Allis Chalmers

410

Aluminium Ltd.

.... 59 3/4'

NEW YORK, August 31, 1940.

Amer. Can.

August 31

....... 93 1/2

SINGAPORE RUBBER

onster.

Leg 1/2

SPOT

OCT.-DEC.

JAN.-MAR.

Previous

Close Opening Closing. Change Buyers Buyers 37-1/237-5/8 37-1/2 36-5/8 36-3/4 36-3/4 35 eta. 35-1/8 35-1/8

American Cyanamid B.

Amer, & Foreign Power ... Amer & Foreign $7 pf.

unch. up 1/8

Amer. Locomotive

Amer. Metals Co.

up 1/8

Amer. Radiator

Bank Bills, on demand 22 Credits, 60 days' sight 22 7/8

The market was quiet but steady. LONDON - RUBBER--

Amer. Rolling M

buyers

-Previous close Today's close........

buyers

- Artier:-8′ting and Ring Co. --39:

Change

Amer. Sugar Refining

«On Batavia:

On demand

41 1/8

SPOT

12-3/16

Amer. Tel & Tel.

On Paris:...

SEPTEMBER

12-3/16

Amer, Tobacco “B′′*

Bank Bills, on demand 1085

OCT.-DEC.

12-3/16 Market closed

Amer, Waterworks ......

JAN.-MAR.

APRIL-JUNE

11-7/8 11-5/8

Anaconda Copper

Atchison, T. & S. Fe,

Baldwin Lécometive

"Baltimore Ohio

Barber Asphalt Co.

Barnsdall ol....

Bendix Aviation

וי

Previous close, 128.88; Today's close,

Bethlehem Steel

Bilss & Co.

Boeing Airplane.Co. .....................

Market Report

FROM ROZA BROS

Silver prices rose 1/16 over the holidays for both deliveries, the quotations being 23.7/18 for Ready and 23.3/15 for Forward, Silver advices reported the mar-

New York Cotton, Oct. Chicago Wheat, Sept. Chicago Corn, Sept. NEW YORK COTTON

Borg-Warner

Briggs Mig:

(REUTER'S SERVICE)

Prev. Today's

Budd M'facturing Corp.

Canadian Pacific R'way

Case

I

unch

. Celanese

731 724

73

731

i up

Chesapeake & Ohio

813 614

618 61)

1 of

Chrysler Corpn.

Close

ket as being steady but quiet...Oct. (New contract) ... American Silver was unquoted. December ( i)

9.29/29

9.23/23

Opening .9.27/27

9.22/23

· Closing 9.29/30 9.25/25

Change

Columbla Gas & Elec.

unch.

Commercial Credit Co.

.02 up

Com. & Southern (Ord.)

The London-New York cross- January rate was quoted at 402.1/2 New York-London was quoted at 403.-

{

F

}

9.13 N

9.12b

9.15n

,02-up

Consolidated Edison

March

€

9.09/09

ས

9.08/07

9.06/07

.03

off

Consolidated 0

May

{

}

»

8.91/91

8.90/90

8.90/90

.01 off

Continental Cản

1/4.

July

»

8.69/69

8.70/70

MARKET

Spot

*......... 9.73. N

8.58/68 9.7in

..01, off

Continental O

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

SEPTEMBER 3, 1946,

On London:

Telegraphic Transfer. 1/2 7/5 Bank Bills, on demand 1/2 7/3 Credits 4 months' sight 1,3 1/2

On Shanghai:-

On demand

On Singapore:- On demand..

On Japan:-

On demand

Ca India:

8 8 8 8 8 8 8

Telegraphic

and demand

Ou New York:---

Credits 4 months' sight 1180

On Saigon:-

On demand

On Manila:-

On demand

On Bangkok:--

On demand

95 3/4.

44

149 1/2

On Sterling Note

Bank Buying Rate

Bar Silver per oz.

23 7/16

PAYNE & CO.

COMMODITY BROKERS

STOCK EXCHANGE BUILDING

HONGKONG

COMMODITY MARKET REVIEW,

(FROM PAYNE & CO.)

.

NEW YORK STOCK EXCHANGE

STOCKS

Adems Express

NEW YORK COTTON; The trade estimates exports in this sea- son to be not exceeding 2,500,000 bales as against something over 6,250,000 during last season.

NEW YORK RUBBER: Market closed. CHICAGO WHEAT:...Mill buying and price-fixing on the wheat market was offset by hedge-selling.

NEW YORK STOCKS: 129.42; Change, up 54.

NEW YORK COMMODITY MARKET.

High Low Close Close Change

9.32 9.27 9.29 9.29

Aviation Corp.

QUOTATION

(REUTER'S SERVICE).

SEPTEMBER 1, 1943.

Last Sale Aug. 31

STOCKS

5+ Lockneed Aircraft

National Lead...

WEDNESDAY, SEPTEMBER 4. 1940.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital..... $50,000,000.||

INDIA, AUSTRALIA AND CHINA

Imued & Fully Paid-Up $20,000,000 Incorporated by Royal Charter, 1858

Reserve Funds:

£6,500,000 Reserve Fund

Paid-Up Capital

prietors

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

Chairman.

Hon. Mr. J. J. Paterson,

Deputy Chairman.

J. K. Bousfield, Eng.. A. H. Compton, Esq.,

Sir Vandeleur M. Graybarn..

Chief Manager.

.£3,000,000

£3,000,000

..£3,000,000

* HEAD, OFFICE: LONDON:.. 38, Bishopsgate E.0.2. Sub-Ageneles In London: 117/19, Leadenhall Street, E.0.3- West End Branch: 14/16, Cockspur Street, S.WL Manchester Branch:

62, Mosley Street, Manchester,

AGENCIES AND BRANCHES ALOE STAR

PENANG AMBITHAR

DANGTOK

BATAVIA BOMBAY

CALAUTER

AGENCIES:

Fus PLACE

CANTON CAWMPORE

**B COLOMBO

HONA KONG BANGOOS ILOILO BALGON

--IPON -------- BEREMBANT

KARACHI KLANG

KOB

KUALA

SILANOHA

BINGAPORK

SITIAWAN SOURADATA

LUMPUR TAIPING

KUCHING

MAD BAS

MANILA

TIENTSIN

TONGKAN

(Bhuket)

THINGTAO

Saigon

Francisco HAIPHONG

Patani Swatow (Johore) Tientain Mukden Tokyo New York Tsingtao

Peiping Yokohama

HAMBURG BANKOW

MIDAN

NEW YORK

PRIPISA

(Peking)

YOKOHAMA

FORLON EXCHANGE and General Banking Business transactad,

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for Ons 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 ACCOUNTS opened in interest allowed at rates obtainable LOCAL CURRENCY and FIXED DEPOSITE on application. received for one year or shorter The Bank's Head Office in London periods in Local and other Car- undertakes Executor and Trustse rencies an terms which will business, and claims recovery of quoted on application.

British Income Tax overpaid, on

Also up to date. Sarz DeroBIT terms which may be ascertained at

any of the Agencies and Branches. - \

B. A CAMIDGE,

Manager.

Sterling

deserve Liability of

Last Sale

Proprietors

$20,000,000

Aug. 31

271

Head Office:-HONG KONG

22

Loew's Inc.

28

331

Loft Incorperated

214

85

Mack Truck Inc.

· 221*

Board of Directors: H. V. Wilkinson, Esq.,

Martin, Glen L

321

331

McKesson & Robbins, pf4.21

1.

[Montgomery Ward

42

16

M'tain, City Copper Co.

31

137

National Aviation

11

NAMA

- 162

Nat, Daly Products

131

Hon. Mr. S. H. Dodwell,

71

National Distillers

21+

0. Miskin, Esq.,

114

17+

K. S. Morrison, Esq.,

T. E. Pearce, Esq.,

Nat, Power & Light*

13

C. O. Roberts, Esq.,

National Supply Corp.

6

182

New York Central

134

Hon. Mr. A. L. Shield,

·75)

Niagara Hudson Power

81

¡N. American Aviation

171

214

North American Co.

201

Branches:

*1

161

Northern Pacific.

7

43

Owens-linols Glass Co.

511

Amoy

157

Pacific Gas & Elec

291

Bangkok

Johore.. Rangoon Kobe

Batavia

Kowlson San

DELAI

Packard Motors

31

Bombay

Kuala

10

Pan-American Airways

141

Dalcutta

Lumpur Shanghai

8

Paramount Pictures

5}

Canton

London

31:

Pennsylvania B.R..

21

Chafoo

Lyons

...Singapore Sourabaya

801

| Philadelphia Read, Coal

#

Colombo

Malacca Sungei

144

Phillips Petroleum

34*

Dairen.

Mabila

154

Public Service of "N.J.

35+

Foochow Muar

171

Pullman Inc...................

201

Haiphong

204

Bankow

Pure Oil...............

7}

Harbin

4

Radio Corpu,, of Am,

5

Iloilo

4

Reading Company,

Com

133

Ipoh

Perang

49*

Remington Arms Co., Inc.

44*

291

Repubile Aviation Corp.

44

401

Republic Steel

134

753

Revere Corp.....

91

51

Reynold Tobaċ. "B"

36

321

Safeway Stores

441

13

Schenley Distillers

10

28

Sears Roebuck

801

*

Shell Union Oil

B

Boxes in various sizes To Let Hong Kong, 28th February, 1940.

394

Socony-Vacunum Oll'

81

18

Southern Pacific

81

.D2 pH

Copperweld Steel

Quiet.

| September December

May

October. December

opened

11

Chin. 41 Anglo-French

Loan, 1808

Chinese 5% Crisp Loan.

1912

Chinese 5% Reorg, Loan.

1913 (Ldn. Is.)

Chinese 8% Ster. Noter

1925 (Vicker8)

Chin. Imperial Rly, 5%

Loan.....

راد

Honan Fly 5%

STERLING

Ne business was reported. There were sellers at 1/2.31/32 sup to November, buyers at 1/3 for any delivery.

US, DOLLARS

Total sales Friday: 45,200 bales. CHICAGO WHEAT

Friday's sales:-22,748,000 bushels. CHICAGO CORN September

"A small business was done dur ing the course of the morning! December

at 22.3/8 for Cash. The market WINNIPEG" 'WHEAT closed at 1 p.m. with sellers at 22.3/8 for forward and probably for Cash, buyers at 22.7/15 for any delivery

SHANGHAI DOLLARS Opened at 422 and closed at 4.24.1/2,

SHANGHAI MARKET Sterling opened with sellers at 3.17/32 and closed with sellers at 3.33/64. U.S. Dollars with seller at 5.1/4 and closed with sellers at 5.7/32 for Spot.

· AFTERNOON MARKET - tu.

STERLING

The market-closed with sellers at 1/2.31/32 up to November, buy- ers at 1/3 for any delivery.

" US. DOLLARS

A shade, steadier. The market closed with sellers at 22.5/16 for Cash and 22.3/8 October, buyers at 22.3/8 October, buyers at 22. 7/18 for cash and forward. * SHANGHAI DOLLABS Closed with sellera at 424.

SHANGHAI MARKET

The market closed with sellers of Sterling at 3.33/64 for Spot and US Dollars at 5.1/4 for Spot

Shanghai Exchange

Shanghai, Sept. 3 (Reuter).

Official LT. Rates

NY-London, Cross Rate 4.03-1/4

NOTICE: All American markets will be closed on Monday, Sep- tember 2, "Labour Day."

LONDON STOCK

EXCHANGE

(REUTER'S SERVICE)

London, Sept. 2 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

transmission.

War

Loan, 31%, (Red after 1952) anton-Kloon Fly, 5% Chinese 41% Gold Loan

1898 (Brit. Isrue} Chinese 5% Gold Bonds,

1925-47

SILVER MARKET

LONDON SILVER

London, Sept. 2 (Reuter).. Silver: Market quietly steady. Business small. In the afternoon," the market was quietly steady.

Spot, 23-7/1Gd. Forward, 23-3/16d

Curtiss-Wright (C.)

Curtiss Wright.""A"

73/73)

723/721

731/734

1 up

Deere & Co.

754/75"

75+/75+

750/757

tup

Distillers Corpo, Seagrams · 175

771/771

763/77

4 off

Douglas Aircraft .........

Du Pont de Nemours

Eagle Picher Lead

610/817 614/61

571/571

571/578

614/611 572/572-

ofT

Eaton Mfg. Co....

up

Elec. Autolite

Elec. Bond & Share

73ja

73Ja

74@a

73ja. 741a 4.03-1/4

unch.

Elec. Bond & Share $5 pf.

Elec. Bond & Share $8 pf.

Elec. Power & Light $7 pf. Flintkote

Gen. American Trans.

Gen. Electrič --

Gen. Motors

Gen. Railway Signal

Gen. Tire & Rubber

Glidden Co.

Goodrich (B.F))

Goodrich $5 pf.

Goodyear Tire & Co. «...............

Great Northern Iron Ore

Great Northern Riy, pfd. Great Western Bugar

Greyhound Corpn...

Hercules Powder Co.

2

Mercantile Bank Dunlop Rubber

International Harvester

101-5/10

Bristol Aeroplane

114 28/71 9

Int Nickel

Inter. Paper & Power

7

Imperial Chemical Ind. 25/41

Int. Tel. & Tel

United Steel

Kentecott Copper

17/11

30

Woolworths

58/6.

Lakey Foundry & Mac.

Marsman Investments

Libbey-Owens-Ford

/8/9

35

Western Holdings ...............

9/3

Sub-Nigel

157/6

44

Shell Trans,

& Trad.

(bearer)

33/11

12

Nat Defence Bonds/3% 101

1938/40

London-Midlands-Scot-

18

tish. 3%

113

Great Western Rail-

High Low Dow Jones Avarages 185.82 111.84 30 Industrials

35.90 22.15 20. Rais

$

way. 3%

27+

-27.70 18 03 20 Utilities

32 R 83.06.10 Bonds

38

Nat. Bank of India, 3%

1-ex-dividena

241

9

Opening

London

New York

0/3-1/2

Sukuang Rly, 5%, 1911...

(LP. N/Y Isave)

12

Japan Amandinavia India Hongkong

5-3/16 22.

•19-3/UN 23-1/4

Bukang Rly 6% 1011

Spot

Sept

Oct.

Spot

Sterling

Bellers

Opening Closing

·0/3-33/64 0/3-33/94 0/3-33/84 0/3-33/64 0/3-1/2 0/3-1/2- U.B. Dollars A 5-7/32 $5-1/4 Sept. #5-7/32 5-1/4

5-7/93 Oct. 6-3/16 Market: Quiet

Calcutta Exchange

Calcutta, Sept. 2 (Reuter). TT. on Japan, 81-1/2.

India Rupee Paper.

Bombay, Sept. 2 (Reuter).

Closed.

LONDON GOLD

*... London, Sept. 2. (Reuter), Bar Gold, Fing per 06, 168)/

(German Issue). ... Lung Tung o Ha Hai

Rly 5% 1913

B'haf-N'King Rly 5%... Tientsin-Pukow Rly 5%

(Brit. 8tpd.), Tien tain-Pukow Ely 5%

(German Stpd.). Tientsin-Pakow Ry: 0%

(Brit..Stpd. Supt. Loan) 8 Tientaln-Pukow Fly, 5% (Ger. Stpd, Supl Loan), Jap. 6% Ster, Loan, 1924 32 Ger,7% Intl. Loän, 1924 Chartered BankTM

[HK; & @bai Bank (Ldnju.

Reg.)

HE. * S'haf Bank (Col

Reg)

Chinese Eng & Mining

(bearer)

Chosen Corporation Pekla Byndicate Bhat Bec. Constr. Co. 8'hal Waterworks "A"

Dalon Insurance Bir Gula Kalimpong Rubber - 13/9 B-A, Tob, (bearer)

131 20

78/31

Sept. 1, 1940. Aug. 30, High Low Close Change 128.88 129.56 128.94 129.43.64.up 27.91 · 27,89 27,90 .19 up 22.49 92.39 22.4507 up. 88.91 14.up

85.67 48.89-11 Commodity Indar 20.89.

Business Bone:-380,000 shares

INDO-CHINA

STEAM NAVIGATION COMPANY LTD.

Operating Services for Cargo and Fossengers

TO

SWATOW, SHANGHAI THINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA"

SINGAPORE, PENANG and CALCUTTA

BANDAKAN

HAIPHONG

All atsamera berth alongside the Roosevelt Terminal in the French Concession at Shanghai, where passengers and cargo are landed.

For further particulars

please apply to

JARDINE MA TELEPHONTE CORINGETERMI

HONGKONG_SAVINGS

BANK

The Business of the above Bank is conducted, by the HONGKONG & SHANGHAI BANKING COB- PORATION. Rules may be obtain- ad on application.

For the HONGKONG & SHANGHAI BANKING CORPORATION.

7. M. GRAYBURN,

Chief Manager. Hong Kong. 28th Feb., 1939.

THE CHASE BANK

(8, PINE STREET,

NEW YORK An American Bank offering com plate Foreign Banking Service in the principal Markets of the world.. Interest Rates on Application.

D. M. BIGGAR,

Bacond. Vice Pre

THE MERCANTILE BANK OF INDIA, LIMITED

Head Ofcos-15, Gracechurch Street, London, EC3

Authorised Capital

Reserve Pud aud' „Rent,

BANKERS:

The Bank of England and Midland. Bank, Ltd. BRANCHES:

Dolgento

Delal

Bowrah

Karachi

30% Kesla Trengganu

Madres

New: Yock

Radgoo

Kota Bharu - disighall

Emtia Lampur. Alnespore

HONG KONG BRANCH: Every demuription of Banking and Recharge

· busineón - townsscped.

TRUSTEE AND EXECUTORSHIP AVERUNDERTAKEN

ODBLENT ACCOUNTS opered in local das FADUT #75 FIXED DEPOSIT” masived in Local Cages & STERLINE sa terim that may be ascertained on spy Mention

"DA BENSON,

What do

you want ?.

If there is anything you want to buy or well try

smail Classifed advertise- ment in the Hong-

prepaid

nsertions.

BANK OF EAST ASIA, LIMITED

Authorised Capital $10,000,000.00 Paid-Up Capital $,598,800.0F

Reserve and Undivided

Profits ...

2,23,281.50

"Head Office:-HONG KONG.

No. 10 Des Voeux Road, Central.

Board of Directors:

SIE SHOPSON CHOW, Chairman Li Koon Chan, Esq. Li Lan Sang, Eac P. K. Kwok, Esq. Wong Chu Son, Ex4. Wong Tun Tong, Esq. Kan Ting Fo, ag Chan Ching Sav, Esq. Fung Ping Wah Esq KAN TONG Po, Esa, Chief Manager La Ter Foxa, Esq., Manager.

Amos

Hingapore

Branches and Agencies:-

Korlook Loudon Rango Bourabaya Maalia Salgon STALOW Melbourne San Fran. Sydney

etc. Tintin Bagnasks New York Beattie Parla

Bemarang Shangha

melle

n. Pelping

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 Cur rencies on terms which will be quoted on application.

SAFE DEPOSIT BOXES TO LET

KAN TONG PO

Chief Manager.

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 Branches in Chins and connections in the principal Commercial Centres of the World, we are able to extend So 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 CANTONG KONGMOON SWATOW

TOISHAN SHIUCHOW KINGCHOW

We also handle the issue of Bonds and other Public Funds of the Chinees Government, hoth at Home and Abroad.

SHOU JCHEN

184

Southern Rly $5 pfd.”

197

81

Spicer Manufacturing Co.

302

271

Standard Brands

61

161

Stand Gas & Elec.

14

Standard Oll of California

181.

73.

Standard Oil of N.J.

342

1671

Stone Webster...

8

1.

Studebaker Com

77

6wift International :....

171

351

Technicolor

10.

57

Texas Corpn.

351

64

Texes Gulf Sulphur

311

71*

37

Timken-Axle.........

252

Trans-America Co.

47

147

20th Cent. Fox.

51*

487

Union Bag & Paper Corp.

121

"

34

Union Carbide & Carbon

741

481

..

Union Pacific

88

121

United Aircraft

401

111

11

United Airlines Trans

16!

15. QUEEN'S ROAD, CENTRAL

HEAD OFFICE:

14

United Corpn.

2

12

United Corpn. $3 cum pt. 351".

511

United Gas Corpn.

14*

153

United Gas Improvement -114

144

US. Industrual Alcohol

18+*

254

U.S. Rubber

192

201*

114

US. Rubber $8 pid........ 824

Batavia

U.S. Steel...

541

SAFE DEPOSIT BOXES.

Bombay Calestia

824

Haiphong

Vanadium

.22

Backor

404

Vultec Aircraft,

8

272

Walworth Co.

42

15)

Warner Bros. Pict

21

21*

Westinghouse Elec.

102

This Bank is entirely owned by

THE CHASE NATIONAL BANK Naw You, with Resources, Of OTAÍ U.B.$2,909,000,000. -

Kobe

281

Woodward Tron Cor.

25*

31

Chase National Bank

29*

Glass 2}

National City."Bank

241.

-bid.

1 div.

DOW JONES AVERAGE

27.71 92:38 -89.77-4

Habcribed Capital Pald-op Capital

£9,000,000

1,200,000

21,050,000 £1214 GED

Bangkok Ipoù

Bombay ∙Cutoutta

James

Kindr

Fanang