1940-09-07 — Page 10

£

War Loan, 34% (Red

after 1952)

Alleghany Steel Co. Allis Chalmers .....

1014

Aluminium Ltd

Janton-K'loon Rly. 5%

7.

NEW YORK Sept. 5, 1910.

Amer. Can

リ

Previous

Chinese 41% Gold Loan

Sept. 5

American Cyanamid B.

1898 (Brit. Issued

30

SINGAPORE RUBBER

Chinese 5% Gold Bonds,

1925-47

35

SPOT

Chin. 44% Anglo-French

OCT.-DEC.

Loan, 1908

44

JAN -MAR,

Close Opening Closing Buyers Buyers 27-1/2 37-5/8 37-5/8 36-5/8 38-3/4 36-3/4 35-178 35-1/4 35-1/4

Change

Amer. Foreign Power ...

Amer& Foreign $7 pf. ***

up 1/8

Amer. Locomotive

Amer, Metals Co.

Amer. Radiator

Chinese 5% Crisp Loan.

1912

12

The market was steady but quiet. LONDON RUBBER

Amer, Rolling Mil

Previous close Today's close

Amer. Sting and Ring Co.

Chinese 5% Reorg, Loan,

buyers

buyers

Change.

Amer. Sugar Reining-

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

LONDON STOCK

EXCHANGE

(REUTER'S SERVICE)

London, Sept. 5.

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 in transmission.

PAYNE & CO.

COMMODITY BROKERS

STOCK EXCHANGE

BUILDING

HONGKONG

COMMODITY MARKET REVIEW

(FROM PAYNE & CO.)

NEW YORK STOCK EXCHANGE

STOCKS

Adams Express .................

QUOTATION

(REUTER'S SERVICE)

SEPTEMBER 6, 1940.

Last Sale

STOCKS

51 Lockneed Aircraft

SATURDAY, SEPTEMBER 7, 1940

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital 850,000,000

INDIA, AUSTRALIA AND CHINA

Issued & Fully Paid-Up 890,000,000 incorporated by Royal Charter, 1859

Reserve Funds:

£8,500,000 Reserve Fund

Paid-Up Capital

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

$20,000,000

Head Omes:-HONG KONG

Chairman.

prietors.....

.....£3,000,000 .£3,000,000

...£3,000,000 HEAD OFFICE: LONDON: 38, Bishopsgate E.0.9. Sub-Agencies In London: 117/129, Leadenhall Street, E.03 West End Branch:

14/16, Cockspur Street, B.WL Manchester Branch:

62, Mosley Street, Manchester,

AGENCIES AND BRANCHES

HARBIN PINANG HONG KONG RANGOO형. ILOILO

Прод KARADEI

ALOB STAR AMBITHAR

Sterling ....

Reserve Liability of

Last Sale

Proprietor

Sept. 5

Sept. 5

301

264

Loew's Inc.

27

341

Loft Incorperated

23

92

Mack Truck 'Inc.

23+

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

98

Martin, Glen L.

33+

347

McKesson & Robbins, ptd. 22

Hon. Mr. J. J. Paterson,

14

Montgomery Ward

43

Deputy Chairman.

161

M'tain City Copper Co.

34

147

National Aviation

J. E. Bousfield, Esq., A. H. Compton, Esq;

17

Mat. Dairy Products

131

Fion. Mr. 8. H. Dodwell,

714

National Distillers

214

6. Miskin, Esq.,

12+

National Lead ......

18

K. S. Morrison, Esq.,

JANGKOK

414

TE. Pearce, Esq.,

SAIGON

Nat, Fower & Light

R

BATAY LA

142

National Supply Corp.

C. C. Roberts, Esq.,

BEREMBAN

BOMBAY

B

SHANGHAI

1913 (Ldn. Is.)

18

S P. OT

12-1/18

12-1/8

Up 1/16

Amer. Tel, & Tel.

"187

New York Central

Hon Mr. A. L. Shielda,

15

Chinese 8% Ster. Notes.

SEPTEMBER

12-1/16

12-1/8

up 1/16

Amer. Tobacco "B"

78

Niagara Hudson Power

4

Sir Vandeleur M. Grayburn,

1925.(Vickers)

9

12.1416.

12-118.

un 1/16

Amer, Waterworks

Ꭶ

N. American Aviation

13

Chief Manager. I PAG

-OCT-DEC.

can, Imperial Rly. 5%

JAN.-MAR

Loan

38

·APRIL-JUNE

11-13/16 11-9/10

11-7/8 11-5/8

up, 1/16

up 1/16

Honan Rly. 5%

9

Hukuang Riy, 5%, 1911...

(L.P. N/Y Issue)

12

-Hukuang--Rly-5%--1911-

(German Issue)

11

Lung Tsing & D. Hal

Rly. 5% 1913

8

S'hal-N'King Riy. 5%

12

Tientsin-Pukow Rly. 5%

61

(Brit. Stpd.) Tientsin-Pukow Aly. 5%

(German Stpd.)........ Tientsin-Pukow Rly. 5%

(Brit. Stpd. Supl. Loan) 8 Tientsin-Pukow Ely, 5%

(Ger. Stpd, Supl, Loan) B Jap: 6% Ster. Loan, 1924 32% Ger, 7% Intl. Loan, 1924 51 Chartered Bank

The market was steady with small business,

NEW YORK COTTON: The market reflects the activity of the stuck market Textile sales are large at the "advancing price ten- dency.

NEW YORK RUBBER: activity above normal:

CHICAGO WHEAT: The market was firm. A feature was the strength of the September position while the strength of cash wheat was a continued substaining influence. Selling pressure" was not great.

NEW YORK STOCKS: Previous close, 132.18 Today's close,

| 134.10; Chänge, up 1.94.

NEW YORK COMMODITY MARKET

(REUTER'S SERVICE)`

Anaconda Copper Atchison, T. & 8 Te. Aviation Corp.

23

CALOUETA • KLANG

AGENCIES: CLAVE START

CANTON

SINGAPOR

XOM KUALA

BITTA WAN

ROULIRANZA

LUMPUR

TAIPIND

North American Co.

201

☆

Northera Preins

41

Owens-Illinois Glass Co....

55

Amoy

Branches: Johore

CAWNPOBI

'Baldwin Lecometive

161

Bangkok

Kobe

Pacific Gas & Mec

293

Batavia

Kowloon

Baltimore & Ohio

43

Packard Motors

31

Bombay

Kuala

Rangoon Saigon San

-Frundisco

CASU COLOMBO

KUCHING MADEAB MANILA

་་

Barber Asphalt Co.

11

Pan-American Airways

154

Calcutta

Lumpar Shanghai

Barnsdal! Ou

81

Paramount Pictures

B

Canton

London

Singapore

"The New York Times" shows business

Bendix Aviation

321

Pennsylvania B.R.

224

Chefoo

Lyons

Scurabaya

Bethlehem Steel

811

Philadelphia Read, Coal

#

Colombo

Malacca

Sungei

Bliss & Co.

15%

Phillips Petroleum

363

Boeing Airplane Co,

161

Public Service of NJ,

364.

Dairen Foochow

Manila

Patani

Huär

Swatow

Borg-Warner

19

Pullman Inc...

21...

Bankow

Mukden

Briggs Mig.

221

Pure Oil

Tokyo

77

Harbin

New York

Budd M'facturing Corp.

Tsingtao

.41

Radio Corpn. of Am,

5+

(loilo

Canadian Pacific R'way...

41

Reading Company, Com

15

Ipoh

Penang

Case, JI

431

Remington Arms Co., Inc.

41"

Celanese

301

Republic Aviation Corp. ...

41

Chesapeake & Ohta

4111

Republic Steel

181

Chrysler Corpn.

BOL

Revere Corp.

104

Columbia, Gas & Elec,

Reynold Tobac. "B"

361

Prev. Today's

Commercial Credit Co.

35

Safeway Stores

454

BK. & S'hal Bank (Ldn.

Reg.;

651

HK. & S'hat Bank (Col.

Reg)

71

New York Cotton, Oct. New York Rubber, Sept. Chicago Wheat, Sept. ....

771

Chinese Eng. & Mining

Chicago Corn, Sept.

571

High Low Close Close Change 9.40 9.34 9.35 9,37 .02 up 19.34 19.30 781 77 * 578 582

Com, & Southern (@rd.)

quoted on application.

| Schenley Distiller

104

Consolidated Edison....

281

Sears Roebuck

80%

10.25b 19.30

78

.05 up

Consolidated Of

Shell Unton Ol

91

7 up

Continental Can

391

571..

1 up

Continental Off

19

Socony-Vacunum Oll

Southern Paciic

to

97

(bearer)

15

New York Hides, Sept.

10.20 9.93 10.00

9.93

.07 Off

Copperweld Steel

19+

Chosen Corporation

4

NEW YORK COTTON

Close

Opening

Closing

Change

Curtiss Wright (C.)

4..

Bouthern Rly $5 pfd.

21

Spicer Manufacturing Co. 32

Pekin Syndicate

2

Curtiss Wright "A"..

281.

Standard Brands

64

S'hat Elec. Constr. Co....

15

Oct. (New contract)

9.41/41

9.46/45

9.44/44

Shai Waterworks "A"

13

December

9.35/35

9.38/37

9.37/38

.03 up

02 up

Deere & Co.

18

Stand Gas & Elec.

11*

Distillers Corpn. Seagrams 164

Union Insurance

20

January C

9.25 N

unquoted

9.27 N

.02 up

Standard Ol of California

18

Douglas_Aircraft.

788-

Gula Kalumpong Rubber, 13/0

March

9.19719

9.21721

9.19/19

unca.

Standard Ofl ̈ of ̃NJ...

361

Du Pont de Nemours

175

B-A Tob, (bearer)

77/6

May

( )

9.02 N"

9.03/03

9.01/01

01 off

Eagle Pleher Lead

84

Stone & Webster. 84

Mercantile Bank

111

July

()

8.82/82

8.82/82

Dunlop Rubber

29

Spot

9.79 N

2.81/81 9.781

.01 OF

Studebaker Com,

&

Eaton Mfg. Co.

33

,01 of

Swift International

19

Elec, Autolite

372

BANKING CORPORATION.

Technicolor

10

Bristol Aeroplane

9/3

Imperial Chemical Ind. 26/74

Total sales Wednesday-83,400 baies. NEW YORK RUBBER

Elec. Bond & Share

64

Texas Corpn...........

3621

Elec. Bond & Share $5 pf.

651

Texes Gulf Sulphur

324

United Steel

17/0

Elec. Bond & Share $6 pt.

724

Woolworths

50/3

December

Marsman Investments

8/9

January

Western Holdinga

March

9/3

Sub-Nigel

157/6

May.

19.25b 19.23b 19.19/19 19,10n

、19.30/30

19.30/30 unquoted 19.26b 18.10b/25a 19.20b unquoted

Timken-Axle.

28

105 up

Elee, Power & Light $7 pr.

378.

.03 up

Trans-America Co.

47

Findlate

15

.01 up

20th Cent. Fox

6

Gen. American Trans.

48"

19.105

unch.

Union Bag & Paper Corp.

134

Gen, Electric ...

35

Union Carbide & Carbon

763

Shell Trans

& Trad.

Total sales:-$30 tons.

Gen. Motors ...

491

(Union Pacifc

88

thearer

36/3

CHICAGO WHEAT,

Gen. Railway Signal

131

United Aircraft

421

Nat Defence Bonds, 3%

2011

London-Midlands-Scot-

December

771/771

77/775

78/784

Gen. Tire & Rubber

13

1. up

United Airlines Trans

17

Glidden Co."

141

May

78/782

781/78)

782/787

up

United Corpn.

2

tish, 3%

113

Wednesday's sales-14,632,000 bushels.

Goodrich (B.F.)

13

Great Western - Rail-

Goodrieb $5 pt.

54

United Corpn. $3 cum pf. 364 United Gas Corpn.

1

"way. 3%

281

CHICAGO CORN

Goodyear Tire & Ob.

174

United Gas Improvement

12

Nat. Bank of India. 9%

241

September

631/631

Great Northern Iron Ore .. 15

U.S., Industrual Alcohol. ..

21

December

LONDON STOCK

May

.571/57% 578/571

58/584

57/571

- up

Great Northern Rly, pld.

271

U.S. Rubber

223

58/58

581/501

1 up

Great Western Sugar

22

Interest Rates on Application.

U.S. Rubber $8′′ pfd.

87

WINNIPEG WHEAT

Greyhound Corph, m

114

li at

Hercules Powder Co,

-October

73 a

73ja

73ja

unch.

International Harvester

Int Nickel

greatly rein-March

10,00/00 10,20/20

10:20/04 10.21/20

-0.93-93- 10.17/17

07 of

Inter Paper & Power. Int. Tel. & Tel.

.03 off

B

34-3/4 4.03-1/2

Kenmecott Copper Lakey Foundry & Mac. Libbey-Owens-Ford

BROKERS

Week-ended

EXCHANGE

LONDON, Sept, & (Reuter)

Today's strength in the Stock Ex-NEY YORK, HIDES change is ascribed to public con-December. fidence which is

forced by the continued success

of the British Air Force.

All sections improved with shortage of stock to face & grow ing demand reported in gold-min- ing together with some indus- trial groups.

Wall Street was strong.

SILVER MARKET

Silver:

LONDON SILVER London, Sept. 5 (Reuter),

Market very quiet but steady. Business smail. In the afternoon, the market was steady.

Spot, 23-7/16d Forward, 23-1/4

Total sales for the day:-214 lots. New York Official 34-3/4" NY-London Cross Rate 4.03-1/2

LONDON METALS.

EXCHANGE

i.

LOANS

New York, Sept. 5 (Reuter), Loan on securities to brokers in Middle New York:-

London, Sept. 5 (Reuter). Tin, Standard, Cash, Price, 255-1/2

Tin, Standard, 3 months, Middle Week-ended Price, £257.

WEEKLY RETURNS

LONDON GOLD

London, Sept. 5 (Reuter). Bar Gold, Fine per oz, 168/-

AND REPORTS

BANK OF ENGLAND

LONDON, Sept. 5 (Reuter).

Public Deposits Other_Deposi{@?==

Bankers

Other Accounts STOLRI

GOTrities:-

Week-ended 31/8/39 29/8/40

5/9/40 $487,000,000 $259,000,000 $231,000,000

1930/40

DOW JONES AVERAGE

High Low Dow Jones Averages. 155.92 111.84 30 Industriala

35.90 22.18 20 Raila

27.70 18.03 20 Utilities 92.22 -83.06.40 Bonds 65.67

INDO-CHINA

STEAM NAVIGATION COMPANY LTD,

Operating Services for Cargo and Passengers

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

Aug. 29

8,830

Sept. 6

10,850

TO-

... 118,660

116,260,

51,800

48.450

170.460

164,730

Securities he

147.970

146,000

3.880

8,870

24,820

22,010

28,500

28,780

20,880

20.800

930

Notes in circulation

010,040

8.80 410.000

Ratio of Reserve to Liabilities

11.84%

Price of Gold st which holdings are valued

... 100/-

Other

Discounts and Advances Securities

Total

Notes and Coins

Total Bullon

FEDERAL RESERVE SYSTEM

NEW YORK, Sept. 5 (Router),

Bills Bought

UB. Becarities held

Federal Reserve Ratio.

Federal Reserve Oredit Outstan

Monetary Gold Stock Vlastrial “Adranos.

11.89%

-168/-

Aug. 81 (1930) .......Aug. 29, Slept. 6

1000% omitted)

1,000

2420,000

2,442,000- 85,04% 89.41% 2,448,800 -2,480,000) 16,678,000 20,871,000

2,484,000

11.857,000 8,553,000

88.41% 2,490,000 20,044,000

8,645,000

and TIENTSIN

KOBE and OSAKA

·SINGAPORE, PENANG and CALCUTTA

SANDAKAN

HAIPHONG

All steamers berth alongairle the Roosevelt Terminal in the French Concession at Shanghai, where passenger and cargo are landed.

For farther particulars

please apply to

JARDINE MATHESON&Co., LTD. TELEPHONE SOSI. GENERAL MANAGERS •

BANKERS:

The Bank of England and Midland

Bank Ltd. BRANCHES:

Kunle Trenggena Madras

Bangkok Bombay

Ipoli

Jstion

Calcutta

Kantin

Kew York

Colabo

Kandy

Penang'

Dathi

Karmshi

Bazoo

Kota Bharu

Shanghai

Kasia Liple Simil

Galle

Hongkong Howrah

„Kuşla Tumper Blackpare HONG KONG BRANCH: Every description of Banking And Exchange TRUSTEE AND EXECUTORSHIP

KULINDERTAKEN

basic transacted.

J

CURRENT ADCOUNTR opened in Local Our reRoy and FIXED DEPOSľka, zooplrad in Local Curreses& STERLING, nu came that may be Kacartalied on spy Motion.

D. BENSON.

What do

1

you want?

IT

there is anything you want to buy or Bell, try

smail advertise ment in the Hong- kong Dally Press.

25 words $1.50 prepaid

for 3 insertions.

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 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 Chind Offices:

CANTON

SWATOW SHLUCHOWA

KONGMOON TUISHAN KINGCHOW

We also handle the issue of Bonds and other Publre Funds of the Chinese Government both at Home and Abroad.

BHOU JCHEN

Manager.

US. Steel...

581

SAFE DEPOSIT BOXES

85

Vanadium

*332

45

Vultee Aircraft

30

Walworth Co.

5

164

Warner Bros. Pict

2

24

Westinghouse Elec.

104

292

Woodward Iron Cor.

27

3+

Glasa.. 43

Chase National Bank National City Bank

291

---bid.

t-ex, div.

Sept.. 4

Sept. 6. 1940. High Low Close

132.10

28.5"

134.54 132.31 134.10

Change 1.94 up

251*

Haiphong (Johore) Tientsin

Peiping Yokohama

NEW YORK

(Peking)

FOREIGN EXCHANGE and General Banking Busines transacted.

CURRENT ACCOUNT 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 ACCOUNTs also opened in Local Currency and Sterling with

CURRENT Accouxta opened in interest allowed at rates obtainable LOCAL CURRENCY and FIXED DEPOSITS on application. received for one year or shorter perioda in Local and other Cur-undertakes Executor and Trustee

非

Also up to date SATE DEPOSIT

rencies ор terms which will be usiness, and claims recovery of British Income Tax "overpaid, on terms which may be ascertained ai any of the Agencies and Branches.

R. A. CAMIDGE,

Manager.

Boxza in various sizes To LET Hong Kong.. 28th February, 1940.

HONGKONG SAVINGS

BANK

The Business of the above Bank is conducted by the HONGKONG SHANGHAI BANKING COR- PORATION. Rules may be obtain

d on application,

For the HoxoTONG & SHANGHAI

V. M. GRAYBURN,

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

THE CHASE BANK

16, QUEEN'S ROAD, CENTRÄL

HEAD OFFICE:

-BANK-OF-EAST ASIA, LIMITED

Authorised Copital.. Paid-Up Capital Reserve and Undivided

Profits

$10,000,000.00 5,598,800,00

.....1,983, 201.50

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

Board of Directors: BIR SHOPSON CHow, Chairman Li Koon Chun, Esqe Li Lan Sang, Eade P. K. Kwok, Esq. Wong Chn Son, Esq. Wong Tan Tong, Eng. Kan Ying Po, Bag. Chan Uhing Shok, Bad, Fung Ping Wah Esq. KAN TONG PO, Esq., Chief Manager

TER FONG, Esq., Manager

18, PINE STREEK,

NEW YORK An American Bank offering comL

..plete Foreign Banking Bervice in the principal Markets of the world.

This Bank is entirely owned by

THE CHASE NATIONAL BANK New York with Basources of dry 13.8.$2,900,000,000.

D. M. BIGGAR,

Second Fios Fr

THE MERCANTILE BANK OF INDIA, LIMITED

Head Offco-15, Gracechurch Street, London, EC.3 Authorized Capital

Branches and Agencies:--

Horloon Fening Singapore Loudon

Bourabaya Bangoen

Swatow Melbourne, San Fran, Bydney. Narazaka

disco-Lieutia

Bezug Shangtal

Every description of Banking and Exchange business transacted. Loans granted on approved securities;

Current Accounts opened in Local Currency and. Fixed Deposite re- ceived for one year or shorter periods in Local and Foreign Cur rencies on terms which will be quoted 'on application.

SAFE EPOSIT Boxes To LET.

KAN TONG PO,

Chist Manager.

DELHI HAIPHONG

MIDAN

TIENTSIN

TONGKAH

(Bhuket)

TSINGTAO

TOKOHAMA

BAMBURG HANKOW

PRIPING

The Bank's Head Office in London

سامة

Amay

Batavis

Bombay

Calcutta

kialphong

||Funków "a

New York Evettia

Honsialn

Farle

Pelping

Yanila

Conver

Sabeer bed Caplis

29.40 28.74 98.29

*.44 up

Paid-up Capitai..

22.60

-21.87" 29.62 22.91

Reserve Fund and Best,

31, up

£3,000,000

21,800,000

21,050,000

21,254,537

45.58 11 Commodity Index

89.08 6.63

89.54 48 up $1,85 .32 up Business Done:-1,150,000 shares