Adams Express
COMMODITY
Alleghany Steel Co.
Allis Chalmers.
(FROM PAYNE & CO.)
Aluminium Ltd.
Amer. Can
...On demand
59 3/4
NEW YORK, Sept. 7, 1940.
Da Japan:—
On demand
95 1,2
SINGAPORE RUBBER
Previous September 7 Close Opening Closing
American Cyanamid B.
Change
Amer. & Foreign Power
On India
Buyers Buyers
Amer. & Foreign $7 pt.
Telegraphic
Transfer.
SPOT
99 1/9
OCT.-DEC.
On New York:-
JAN.-MAR.
... 42 1/8
On Paris
SFOT
| October
| NOVEMBER
| JAN,-MAR.
On demand
"45
23 7/10
403. | December ( }
January { >
March
{
MARKET
May
July
Spot
December
May
"וי
WINNIPEG WHEAT
73@a NY-London Cross Rate 4.04
and demand -......................
Bank Bills, on demand 22 1/2 Credits, 80 days' sight 23 3/8
On Batavia:-
On demand
Bank Bilis, on demand 1085
Credits 4 months' sight:1160
On Balgon-
On Manila:—
On demand
On Bangkok:-
On demand
On Sterling Notes:-
97.34 APRIL-JUNE
149 1/2
Bank Buying Rate ... 1/5 1/2.
Bar Silver per 02.
Market Report
FROM ROZA - BROS.
Monday, Sept. B.
unchanged
Silver prices were
NEW YORK COTTON: Scale-down buying by the trade was the only support today and a narrow sagging tendency is probable pend- ing a smaller crop movement Cotton cloth sales were encouraging. CHICAGO WHEAT: There was renewed local buying, follow- ing baying in the Kansas City market, in anticipation of a further tightness in the cash position,
YORK STOCKS: NEW 132.78: Change, off 34.
Previous close; 133.12: Today's, close,
NEW YORK COMMODITY MARKET (REUTER'S SERVICE)
over the week-end the quotations New York Cotton, Dec. remaining at 23.7/18 for Ready and Chicago Wheat, Dec. 23.1/4 for Forward. American Chicago Corn, Dec.
Silver was unquoted
The London-New York cross-NEW YORK COTTON rate was quoted at 402.1/2. New Oct. (New contarcti York/London was quoted at 1/2.
Steady but quiet."
STERLING
No business was reported. There
- were sellers at 1/2.31/32 Septem- ber/November, buyers at 1/3 for any delivery.
ILS. DOLLARS "
Total salés Friday:-71,200 bales. CHICAGO WHEAT
Friday's sales--unavailable.
Some business was done during CHICAGO CORN the course of the matting at 22. September 15/18 for forward and also for December Cash. The market closed at May p.m, with sellers
at 227/8
for Cash and 22.15/16 November, buy- era probably at 22.15/16 for October
Cash.
OLLARS SHANGHAI DOLLABS".
Business was done during the course of the morning at 429.1/4 and 429.1/2. The market closed at 1 pm, with sellers at 429, buy- ers at 429.1/2.
ናኒ
SHANGHAI MARKET Steady. There were sellers of Sterling for Spot at 3.15/32 and US Dollars at 5.5/16.
AFTERNOON MARKET
Prev. Today's
LONDON STOCK EXCHANGE
(REUTER'S SERVICE}
London, Sept. 6. Union Insurance
The following quotations are the Gula Kalumpong Rubber · 13/9 middle prices at the close of the B-A. Tob, (bearer) market in London. All quotations Mercantile Bank are subject to confirmation and no Dunlop Rubber responsibility is assumed for errors Bristol Aeroplanë in transmission.
37-3/4 37-5/8 37-3/4 36-1/8 36-9/4 .36-7/8 95-3/8 35-1/4 35-3/8
unch
Amer. Locomotive
Amer. Metals Co.
amer, Radiator
The market was quiet but steady. LONDON RUBBER.
Amer. Rolling Mill
PAGE 10-HONGKONG DA
PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
SEPTEMBER 9, 1940
On London:
Telegraphic Transfer. 172 7/8 Bank Bills, on demand (j3-7/8 Credits 4 months' sight 1:3 1/2 On Shanghai:--
On demand
On Singapore:-
ལ་
420
PAYNE & CO.
COMMODITY « BROKERS
·STOCK » EXCHANGE - BUILDING
HONGKONG
MARKET REVIEW.......
NEW YORK STOCK EXCHANGE
STOCKS
QUOTATION (REUTER'S SERVICE) SEPTEMBER 3, 1940.
TUESDAY, SEPTEMBER 10,
BANKS
1940
HONGKONG & SHANGHAI THE CHARTERED BANK” OF
BANKING CORPORATION
Authorised Capital... 850,000,000
INDIA, AUSTRALIA
AND CHINA
Issued & Fully Faid-Up $20,000,000 Incorporated by Royal Charter, 1868
Reserve, Funds:
.....£8,500,000 Reserve Fund
Paid-Up Capital
H.K. Currency Reserve $10,000,000 Reserve Lisbility of Pro-
£3,000,000
..£3,000,000
priators
..£3,000,000
HEAD OFFICE; LONDON:
Deputy Chairman.
39, Bishopsgate E.0.a.
Sub-Agencies In London:
117/122, Leadenhall Street, E.C.X West End Branch: 14/18, Cockspur Street, S.W L Manchester Branch:
59, Mosley Street, Manchester, 2
AGENCIES AND BRANCHES
HARHIN
PENANG BONG KONG KANGOOS ILOILO
ALOE STAR AMRITSAR
Sterling
Last Sale
STOCKS
Reserve Liability of
Last Sale
Proprietors
..$20,000,000
Sept. 7
Sept. 7
5
Lockneed Aircraft
29
Head Ofce:-HONG KONG
221
Loew's Inc.
281
342
Loft Incorperated
221
87*
Mack Truck Inc.
231
Board of Directors: H. Y. Wilkinson, Esq.,
Martin, Glen L
32
341
McKesson & Robbins, ptd.
22
Chairman. Hon. Mr. J. J. Paterson,
11
| Montgomery Ward
421
16*
M'tain City Copper Co.
3+
141
National Aviation
307.
J. K. Boushold, Esq., A. H. Compton, Esq.,
174
Nat, Dairy Products
140.
Hon. Mr. J. H. Dodwell,
74
National Distillers
214
0. Miskin, Esq...
12
K. S. Morrison, Esq.,
National Lead
171
Amer. Sting and Ring Cc.
T. E. Pearce, Esq.,
404.
Nat, Fower & Light
Previous close Today's close
buyers 12-3/18 - 12-3/18
Amer, Sugar Refining
C. O. Roberts, Esq..
141*
National Supply Corp.
B
buyers
Change
Hon. Mr. A. "L Shields,
Amer. Tel, & Tel.
167
New York Central
148
"
Amer. Tobacco “B” “......
1-78
Niagara Hudson Power....
41
Sir Vandeleur M. Graybars,
Amer. Waterworks
If
N. American Aviation ......
12-174 12 11-3/4
Market closed »
Anaconda Copper
231
BOMBAY
JALOUNTA KLANG AGENCIES: KOBE CLATE BERET KILALA
Chief Manager-Pas-Porc
CANTON
SITIAWAN
___HOUPARAVA-
LUMPUR TAIPING
MANGKOK
BAIGON
BATAVIA
IPOH
BERWACHAN
KARACAI
SHANGHAI
SINGAPORA
North American Co.
201
་་
Branches:
CAWNPORE
KUCHING
Atchison, T. & 8, T
178
Northern Pacific,
7།
Aviation Corp.
4
Owens-Illinois Glass Co....
54
Amoy
Johore
Baldwin Lecometive
15%
Pactic Gas & Flee
291
Bangkok
Kobe
Rangoon Saigon
מצום
MADRAS
COLOMBO
Batavia
Kowloon
DELHI
MANILA
MEDAN
TIENTSIN
TONGKAH
(Bhukat)
TSINGTAO
San
Baltimore & Ohio
41
Packard Motors
37
Bombay
Kuala
Francisco
Barber Asphalt Co. Barnsdall Ou
11
Pan-American Airways
154
Calcutta
Lumpar Shanghai
81
Raramount Pictures
B
Canton
London
Bendix Aviation
317
Pennsylvania R
213
Chefoo Lyons
Singapore Sourabaya
Bethlehem Steel
791
Philadelphis Read, Coal
Colombo Malacca Sungei
Bliss Co.
15*
Phillips Petroleum
381
Dairen
-Manila
Boeing Airplane Co.
17
Public Service of NJ.......
*363*
Foochow
Muar
Patani Swatow
Borg-Warner
18+
Pullinan Inc...........
21
Haiphong
Bankow
Mukden
Briggs Mfg.
21
Pure Oll...
72
Harbin
Budd M'facturing "Corp.
42
Radio Corp, of Am.
5ł
Canadian Pacific R'way
宝
Reading Company, Com
141
Hoilo Ipoh
Peiping
Case, JL
53*
Remington Arms Co., Inc..
31
Celanese
291
Republic Aviation Corp.
43
High Low Close Close Change
9.32 9.21 9.33 9.21 77 701 761 761 571. 56) 587 571
Chesapeake & Ohiɔ̃
404
Republic Steel
171
.12 of
Chrysler Corpn.
79
Revere Corp.
101
unch.
Columbia Gas & Elec .....
6.
Reynold Tobac. "B" .....
364
i up
Commercial Credit Co....
35
Safeway Stores
45
com, & Southern (@rd.)"
"I
Schenley Distillers
10
Close
Opening
"Closing
Change
Consolidated Edison
281.
Sears Roebuck
801
9.38/38
9.33/33
9.33/34
+
9.30/30
9.23/24 9.21/21
15 off .12 off
Consolidated Ol
84
Shell Unton Ol·
9
Continental Can
394
Socony-Vacunum Oll
91
9.23 N
9.19b/21a 9.110
.12 off
Continental Oil
19
Southern, Pacific
}
9.14/14
9.10/10
9.02/02
12. of
Copperweld, Steel
19
Southern Rly $5.pid.
201
}
8.94/94
8.91/91
8.82/82
12. off
Curtiss Wright (C)
83
Spicer Manufacturing Co.
31.
8774142.
8.70/70
9.72 N
8.82.162 9.57n
12 of
Curtiss Wright "“A”
28
Standard -Brands
01
.15 off
Deere & Co.
178
Stand Gas & Elec.
11
Distillers Corpn. Seagrams" 17
Standard Ofl of California
184
-Douglas-Aircraft---
-77~
Standard Oil öt NJ.
35
Du Font de Nemours”.
175
Stone & Webster
B
77/767 161/764 771/771 771/778
787/77
unch.
Eagle Picher Lead
9
Studebaker Com.
"70
773/772
•1 up
Eaton Mfg. Co.
*32*
Swift International
18+
Elec. Autolite
37
¡Technicolor
104°
Elec. Bond & Share
..........
6
Texas CorpTL
37
Elec, Bond & Share $5 pf.
65)
Texen Gülf Sulphur
33
631/83
63/621
off
Elec, Bond & Share $6 pí.
74
Timken-Axle
281
567/57 578/57
563/564 574/571.
574/571 581/158
# up
Elec. Power & Light $7 pf.
371
Trans-America Co.
5
up
Mintrote
151
20th Cent. Fox.
Gen. American Trans.
• 48
Union Bag & Paper Corp.
12}
Gen. Electric
35
73ja
7303
03-1/2
Union Carbide & Carbon
751
unch.
Gen. Motors
481"
Union Pacifc
89
·Gen. Railway Signal
128
United Aircraft
411
Gen. Tire & Rubber........
131
United Airlines Trans
171
Glidden Co.
141*
United Corpn.
11
Goodrich (BF.)
134
United Corpn. $3 cum pt. 377
15, QUEEN'S ROAD, CENTRAI
HEAD OFFICE;
18, PINE STREET,
NEW YORK
Goodrich $5 pt.
542
Goodyear Tire & Co.
171
Great Northern Iron Ore
15
20.
Great Northern Ry, pid
201
United Gas Corpn.......... United Gas. Improvement 11 U.S., Industrual Alcohol ..... 203*. U.S. Rubber ·
1
231
78/11
Great Western Sugar...... Greyhound Corpn..
217*
Interest Rates on Application.
(Johore) Tientsin
Tokyo
New York Tsingtao
Penang
Yokohama
NEW YORK PHIPING
(Peking)
FOREIGN EXCHAxes and General Banking Business transacted."
CURRENT ACCOUNTS opened and FIXED DEPOSIT received for One Year or shorter periods in Losal or Other Currencies at rates which.. will be quoted on application.
SAVINGS ACCOUNTe also opened in Local Currency and Sterling with interest allowed at rates obtainable on application.
CURRENT ACCOUNTS opened in LOCAL CURRENCY and FIXED DEPOSIT received for one year or shorter The Bank's Head Office in London perioda in Local and other Our undertakes Executor and Trustee rencies on terms which will be business, and claims recovery of quoted on application.
ALBO up to date SA DEPOSIT Boxes in various sizes To LIT 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 ed on application.
For the HONGKONG & SHANGHAI BANKING CORPORATION,
V. M. GRAYBURN,
Chief Manager, Hong Kong. 25th Feb.. 1839.
THE CHASE BANK
British Income Tax overpaid, on terms which may be ascertained st any of the Agencies and Branches.
R. A. CAMIDGE,
Manager.
BANK OF EAST ASIA, LIMITED
Authorized Capital......$10,000,000.00 Paid-Up Capital
*****,538,800.00- Reserve and Undivided
Profits
1..3,vd3,201.50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central Board of Directors:
SIR SHOPBON CHow, Chairman Li Koon Uban, Esge Li Lan Sang, Esq. P. K. Kwok, Esq. Wong Chu Son, Esq. Wang Tan Tong, Esq. Kas Ying Fo, Baq. Chan Ching Shek, Esq. Fang Ping Whi Elaq KAR TONG Po, Esq., Chief Manager
TEE Foxa, Esq., Manager
Brancher and Agencies:-*
An American Bank offering comLI plete Foreign Banking: Bervice in the principal Markets of the world.
Amoy
Pinan
HAIPHONG EAMBURG EANKOW
TOKOHAMA
Kowloos
Bingaporo
Baarla
US. Rubber $8 pfd,
881
Bombay
Loudon Bangouts Baranya Maqua Balgon Bww.com
118*
U.S. Steel
57+
SAFE DEPÓSIT. BOXES
Maloutia
11 29/101. 9
Hercules Powder Co.
Haiphong
84}
Vanadium
32
Hantow
International Harvester
Int Nickel
..id
Quiet.
£
Imperial Chemical Ind. 28/101 United Steel
17/71
Inter. Paper & Power Int. Tel & Tel
Woolworths
58/0
STERLING
at
War Loan, 31% (Red
after 1952) The market closed with sellers
1/2.31/32 September/Novem-anton-Kloon Rig. 5% ber, buyers at 1/3 for any delivery,hinese 41% Gold Loan
1011
Marsman Investments.. 8/9 Western Holdings.
9/3
Kennecott Copper Lakey Foundry & Mac, Libbey-Owens-Ford Glass 424
7
Sub-Nigeiendenzean
157/6
Shell Trans. Trad.
TLS. DOLLARS
done át 23 for
1838 Brit, Issue) Chinese 5% Gold Bonds,
1025-47.
30
(nearer}
38/104
35
Nat Defence, Bonds, 3% 1018 Londen-Midlands-Ecot-
tish, 3%
12
44
Great Western Ralf-
way, 3%
20
38.90 22.15 20
1012
12
Nat. Bank of India, 3% 241
$7.70 18.03.20
sellers
Chinese 5% Reorg. Loan,
1913 (Ldn. Is.) Chinese 8% Ster. Notes
92.92 €3.00 40%
18
65.67 46,59 11
1930/40 High Low Dow Jones Averages 153.92 111.64 30 Industrials
Rails Utilities Bonda Commodity Index
1925 (Vickers)
YEN SMUGGLING
Chin. Imperial Fly, 5%
of
Loan Honan Riy. 5%
38
9
RING INVOLVING MANILA BARED.
12
11
Business was November and also for Cash The Chin 4% Anglo-French
Loan, 1938. market closed with selfers at 22. 15/16 for near and forward, buyinese 3% Criep: Loan, cra at for Cash,
SHANGHAI DOLLARS The market closed with at 428.1/4, buyers at 428.1/2.
SHANGHAI MARKET Closed steady with sellers Sterling at 3.31/63 and U.S. Dollars at 5.5/18 for Spol.
Shanghai Exchange
Shanghai, Sept. 0 (Reuter).
Official T.T. Bates
London
New York
Japan
Indio
Hongkong
Opening
4
Hukuang Rly. 3%, 1811...
(LP. N/Y Issue) Aukuang Rly." 5%, 1911":
German Issue) Lung - Tsing & U. Hai
Rly, 5% 1913 S'hai-N'King Rly. 5% Tientsin-Pukow Fly, 5%
(Brit. Stpd.) Tientsin-Pukow Rly. 5% (German Stpd.)......... Tientsin-Pukow Rly. 5%
(Brit. Stpd. Supi. Loan) 8 Tientsin-Pukow Rly. 5%
0/3-3/8
21-1/4
18-5/8 22-3/8
Sellers
Ger. Stpd. Bupl, Loan) 8 Jap. 6% Ster, Loan, 1924 32 Ger, 7% Intl. Loan, 1924 5} Chartered Bank ........... 6-7/10 HK. & 8'hai Bank (Lán.
Reg. HK & Shaï Bank (Col.
Reg)
85)
71
Chinese Eng & Mining
(bearer)
Spot
$3-9/32 $5-6/16
Chosen Corporation
Sept.
5-9/32
5-5/16
Pekin' Syndicate
Och
5-1/4
5-9/32
'hal Elec. Constr. Co
Market: Quiet.
Bhai Waterworks" "A"
Sterling
Opening Closing Spor 0-3-29/64, 0/3-31/64 Sept... 0/3-29/04 0/3-32/64 Oct. 0/3-7/16" 0/3-15/32
US Dollars
NAGABAKI, Aug 30-A far- fung" Thng of money sinugglers ex-; tending from Manila
Shizuoka and with centers at
.34. off
NEW YORK, with Bescurces of
Ú.8.$2,900,000,000
D. M. BIGGAB,
Sacor Fica "Prin
A Job?
WANT ADS
INDO-CHIN
Feipfing Shangh
Every description of Banking and Exchange business transacted. Loans granted on approved sectirities -
Current Accounts opened in Local Currency and Fixed Deposits. re- ceived for one year
or shorter periods in Local and Foreign Cur rencies Da terdik which will be quoted on applicatioň. jan
SAFE EXPOSIT Boxes To Ltr,
KAN TONG: PO,
Chief Manager,
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT
OF CHINA AB AN INTERNATIONAL ES CHANGE
STEAM NAVIGATION COMPANY LTD PAID-UP CAPITAL 840,000,000.00
Shanghai and Nagasaki was un-Operating Services for Cargo and Passengers
earthed by the police today follow- ing the arrest in Nagasaki of Fukudburo Fujita, operator of a dry goods store in Manila, accord- ing to a Domel news report,
The ring allegedly smuggled 2,500,000 yen. The smugglers were arrested on suspicion of conspiracy to evade the provisions of the cur- | rency control xét, Tatsue Hama- naka, a Japanese woman now in Manila, was alleged to have smug- gled 500,000 yen in one trip.
According to Domel in Manila, Fujita is the owner of a grocery store. with residence at 203 Calle Regidor. He 18 on a trip home with his wife and son, Domel had no Information on the identity or
TO-
SWATOW, SHANGHAL, THINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE PENANG and CALCUTTA
SANDAKAN:
HAIPHONG.
All steamers berth alongside the Roosevelt Terminal “in the French Concession at Shanghai, where passengers and cargo ace landed.
For further particulara
please apply to--
JARDINE
THESON&Co. La
whereabouts of Tatsue Hamanaka TELEPHONE SOBI, GENERAL MANAGERS.
reported to be in Manila,
(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 Cliente special facilities for Domestic and Foreign Banking and Exchange.
Head Office:-BHANGHAI-
Hong Kong Branchron
4, QUEEN'S ROAD, C. "
South China Offices:
CANTON
SWATOW
KONGMOON
TUISHANA
SHIUCHOW KINGCHOW:
We also handle the issue of Bonds and other Public Funds of the Chino Government both at Home
nd Abroad
SHOU CHEN
Manager,
401
Vultee Aircraft
281
Walworth Co.
44
This Bank is entirely owned by
Tax CRASH NATIONAL
dennisin
Aar Tork Beattle PATIK
Melbourne. Ban Fran- ·Bydnay
disco. Lantas
COATST
mul
BANI
159
Warner Bros. Pict,
21
21
Westinghouse" biec,
1014
293
32*
Woodward Iron Cor. Chase National Bank National City Bank
26*
284*
241*
--bid.
1-ex, div. DOW JONES, AVERAGE
Sept. B. 1940: Sept.. 4 High Low Close
Change
133.12.
29.24
133.26 132.84 132.78- 29.31 20.10 29.21
.03 off
23.05
93.08 23.03. 23.05
89.53 81.49
89.51
31 up 0% of
Business Dono:-20,000 shares
No comments yet.
Private notes are available after approval.