1940-09-17 — Page 10

Adama Express

Alleghany Steel Co.

Allis Chalmers

Aluminium Ltd,

Amer. Can

American Cyanamid B.

September 14

Amer. & Foreign Power ...

On demand

On India:-

Telegraphie

Buyers

Close Opening Closing

Bufers

37-1/2 37-1/237-1/2

Change

Amer & Foreign $? pi.

Anter, Locomotive ....

Amer. Metals Co.

unch.

Amer. Radiator

OCT, DEC.

JAN.-JUNE

36-1/2 35-1/8

36-1/2 36-1/2 35-1/8 35-1/8

Amer. Rolling Mil Amer. Sting and Ring

The market was dull.

Amer, Sugar Refining

LONDON RUBBER

Previous close Today's close

Amer. Tel, & Tel.

Amer. Tobacco "B"

די

buyers

buyers

Change

Amer. Waterworks

S POT

12-1/8

OCTOBER

12-3/18

Anaconda Copper

NOVEMBER

12-37180

Market dosed.

Atchison, T-8. Pem

JAN.-MAR

9 1/4

APRIL-JUNE

12-1/18 11-13/18

Aviation Corp.

Baldwin Lecometive

· On Manila:-

Baltimore & Ohio

43 3/4

NEW YORK RUBBER: August consumption of rubber, in the United States amounted to 50,000 tons.

Barber Asphalt Co.

Barnsdall Ou

On demand

149 1/2

On Sterling Notes:-

CHICAGO WHEAT: The cash situation remains the strong and principal 'factor.

Bendix Aviation

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND

EXCHANGE

CLOSING QUOTATIONS

SEPTEMBER 16, 1940.

On London:---

Telegraphic

Transfer. 1/7/5

Bank Bills, on demand 1/2 7/6

Credits 4 months' sight 1-3 1/9

On Shanghai:--

On demand

On Singapore:-

On demand

On Japan:-

PAYNE & CO.

COMMODITY BROKERS STOCK EXCHANGE BUILDING "HONGKONG

COMMODITY MARKET REVIEW

(FROM PAYNE & CO.)

い

405

62 3/4

NEW YORK, September 14, 1940.

Previous

105

and demand

On New York:-

Transfer.1

pred

SINGAPORE RUBBER

82 1/2 S POT

Bark Bills, on demand 21 7/8 Credits, 60 days' sight 22 3/4

On Eatavia:-

4.

On demand 40 7/8

On Paris:-

Bank Bills, on demand 1085 Credits 4 months' aight 1160"

On Saigon:-

On demand

On demand

On Bangkok:-

13

NEW YORK STOCK EXCHANGE

STOCKS

QUOTATION

(REUTER'S SERVICE)

SEPTEMBER 15, 1940.

TUESDAY, SEPTEMBER 17, 1940.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

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

INDIA, AUSTRALIA AND CHINA

Issued & Fully Paid-Up 890,000,000 Incorporated, by Royal Charter, 1858

Reserve Funds: Sterling

....... £5,500,000 Reserve Fund

Paid-Up Capital

Chairman.

Deputy Chairman,

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

HEAD OFFICE: LONDON: 38, Bishopsgate E.0.3. Sub-Agencies In London: 117/199, Leadenhall Street, E.C.S West End Branch: 14/16, Cockspur Street, S.W.1 Manchester Branch: Mosley Street, Manchester, AGENCIES AND BRANCHES -

HARBI

PENANG HONG KONG BANGUOU ILOILO ІРОН KARACHI

ALOR STAR AMRITSAR MANGKOK BATAVIA

BOMBAY

..£9,000,000

Last Sale

STOCKS

Sept 14

Last Sale Sept. 14

Proprietors

$90,000,000

H.K. Currency Reserve $10,000,000 Reserve Liability of Fro Reserve Liability of

prietors......

£3,000,000

„£3,000,000

Loew's Inc.

25

20

Loft Incorperated

204

Head Office:-HONG KONG D

32.

Mack Truck Inc.

22

78

Martin, Glen L

301

964

McKesson & Robbins, pid. 201*

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

342

Montgomery Ward

39

{*!

M'tain City Copper Co.

31*

Hon. Mr. J. J. Paterson,

15

National Aviation

101

134

Nat, Dairy Products

134

***

16

National Distillers

208.

71

National Lead.......

163

Hon. Mr. S. H. Dodwell,

114

Nat, Power & Light

G. Miskin, Esq.,

Co., 38

National Supply Corp.

51*

K. S. Morrison, Esq.,

13*

T. E. Pearce, Esq.,

BAIGON

New York Central

14

1623 TO

C. C. Robarts, Esq.,

BEREMBAN

Niagara Hudson Power

41

Hon. Mr. A. L Shields,

SHANGHAI

N. American Aviation

162

North American Co.

184

Sir Vandeleur M. Graybarn,

-211

Northern Parite

7

Chief Manager. FAILIE PLACE

CALOUTTA KLANG AGENCIES: KORE CLAVE STRET

KUALA

SINGAPORE RITIAWAN

JOURABAYA

157

LOANTON~~~utin-LUKTUR~~~TAIPING

Owens-Hitnuty Glass Co.

41

Pacific Gas & Elec

291

14

Packard Motors

31

Amoy

Branches: Jobore

4

Bangkok

Kobe

Pan-American Airways

144

Batavia

Kowloon

Bethlehem Steel

Bank Buying Rate

1/5 1/2

Bar Silver per oz:

23 7/16

NEW YORK STOCKS: 128.38; Change, up 64.

Previous close, 127.74; Today's close.

Bliss Co.

Boeing Airplane Co.

Borg Warner

January ( March

(

Market Report

FROM ROZA BROS.

Monday, Sept. 18.

unchanged

Silver prices were

NEW YORK COMMODITY MARKET

over the week-end, the quotations New York Cotton, Dec. remaining at 23.7/16 for Ready New York Rubber, Dec. and 23.1/4 for Forward, American Chicago. Wheat, Dec. Silver was unquoted.

Chicago Corn, Dec.

The London-New York cross- New York Hides, Dec. rate was quoted at 402.1/2. New

NEW YORK COTTON York-London was quoted at 403.-| 3/4.

Quiet.

MARKET

STERLING

Oct. (New contract) 9.32/32 December ( ).... 9.26/27′′

Briggs Mfg.

Budd Mfacturing Corp.

Canadian Pacific Riway

Case, J

(REUTER'S SERVICE)

Celanese

19.00 19.00

761" 76 781 57) 561 9.50 9.36

Prev. Today's High Low Close.. Close Change 9.27 9.25 9.26 9.25 01. off

18.95b 18.95b

761 564 5646

Chesapeake & Ohio

Chrysler Corpn.

Columbia Gas & Eléc.

unch.

Commercial Credit Co.

up

Com, & Southern (Ord.)

up

Consolidated Edison

9.48b 9.50b

04, up

Consolidated" Of

Close

Opening

Closing

Change

Continental Can

9.32/32

Continental Oil

J.

9.31/31

,01 off

9.28/26

9.16 N

9.14b

"

..)

8.11/11

9.09/09

9.25/20 9.15n .9.11/11

".01 of

Copperweld Steel

.01 off

Curtiss Wright (C)

unch

Curtiss Wright."A"

There were sellers at 1/2.31/32 up to December, buyers at 1/3 for for near and probably for forward delivery.

May

(

........

8.91 N

8.92/92

8.92/92

01 up.

Deere & Co.

July

<

> ...... 8.72/72

.8.72/12 -

8.72/72

unch.

Distillers Corpn. Seagram's

Spot

9.62 N

9.6in

01. of

Douglas Aircraft

Du Pont de Nemours.

Total sales Friday:-37,300 bales..

Eagle Picher DeadTM

U.S. DOLLARS

A small business was done dur the course of the morning at 22 5/18 for Cash, The market closed at lunch time with sellers at 22. 1/4 for near and probably 22.5/16 November, buyers at 225/16 for Cash and 22.3/8 Noyember.

SHANGHAI DOLLARS Sellers at 417, buyers at 417.1/27

SHANGHAI MARKET

The Shanghai Exchange market was closed today.

NEW YORK RUBBER December January March

Eaton Mfg. Co.,

18.35b

18.93b/98a 18.95b

unch.

Elec. Autolite

18.89b

unquoted 18.85b

Elec Bond & Share

18.78b

18.79b

18.78b

Mec. Bond & Share $5 pt.

May

18.72b

unquoted 18.72b

Elec Bond & Share Se pf. 71.

Total sales:-110 tons. CHICAGO WHEAT December May

Elec. Power & Light $7 pf... 351 Fathom

Gen, American Trans.

76/781

761/761:

763/76 7847764

781/781 +76/781

up

Gen: Electric

unch.

Gen. Motors

Friday's sales:-7,318,000 bushels. CHICAGO CORN

Gen: Rallway Signal

Gen. Tire & Rubber

Glidden Co.

September

831/633

637a

up

Goodrich (B.F.).....

December

"AFTERNOON MARKET

Dull,

STERLING

May

564/562 561/564 58/58

5670

up

58/58

573b

off

98

Goodrich $5 pr.:

Goodyear Tire & Co.

WINNIPEG WHEAT" October

Great Northern Iron Ore

73 a

7328

Great Northern Rly, pfd.

739a

unch.

Great Western Bugar.

Greyhound Corpn.

9.46b/48a 9.68b

9.43b/57a 9.57b/70a

9.50b 9.68/68

.04 up unch.

Hercules Powder Co

International Harvester

Int Nickel

Inter. Paper & Power

9.996

unquoted 4.03-3/4

9.95b/10.04a 9.99/99.

Int. Tel. & Tek

Kentrecott Copper.....

Lakey Foundry & Mac. .........

unch.

Libbey-Owens-Ford· · Glass

Lockneed Aircraft

The market closed with sellers NEX YORK HIDES

at 1/2.31/32 up to December, buy-December

ers at 1/3, for near and probably March for forward delivery.

U.S. DOLLARS

The market closed with sellers at 22.1/4 for near and probably 22.5/18 November, buyers at 22.5/ 16 for Cash and 22.378 November, SHANGHAI DOLLARS Some business was done at 417. 1/2. The market closed with sellers at 417.

Total sales for the day:-37 contracts. NY oficial Silver 34-3/4 NY-London Cross Rate 403-3/4 NEW YORK COPPER FUTURES December

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

Tientsin-Pukow. Rly. 5%

(Brit. 8tpd: Sup: Loan)-8

London, Sept. 13. The following quotations are the More than 45,000 acres of cert!-middle prices at the close of the Tientsin-Pukow Rly. S fied seed potatoes have been enter-market in London. All quotations ed for inspection during 1940.

(Ger Stpd., Bupl Loan) # are subject to confirmation and no Jap. 6% Ster, Loan, 1924 33 This is an increase of 5,000 acres responsibility is assumed for errors Ger. T% Intl. Loan, 1924 5 over the entries for 1939. Entries in transmission

B

1939/40

-bid.

1-ex, 'div.

DOW JONES AVERAGE

High Low Dow Jones Averages 152.80 111.84 30

32 67 22.15 20 Rails

Industrials

29.45 18.03 20

Utilities

90.61 83.00:40 Bonds

84.07 49.74 11 Commodity Index

Sept. 15, 1840.

High Low Close

128.50 127.81 128.38

Sept. 13

Change 127.74

64 up 27.70 27.87697.74 27,84 14 mp $1.65 21.78 91,8421.73 .07 up 88.87,

88,91.04 up- $1.16 05 up Business Done:-170,000 shares

61.11:

BAIERONG Francisco

- PRIPING

HAMBURG Lumpur Shanghai

BANIOW Singapore

Soursbaya

Patani Swatow:" (Johore) Tientsin

Tokyo New York Tsingtao

Peiping Yukodismis

(Peking)

FOREIGN EXCHANGE and Generat Banking Business transacted

CURRENT A000s opened and FIXED DEPOSITS 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 Looal Currency and Sterling with

CURRENT ACCOUNTS opened in interest allowed at rates "obtainabin LOCAL CURRENCY, and Fixed Deposits on application. received for ene

year or shorter) The Bank's Head Office in London perioda in Local and other Cur undertakes Executor and Trustee rencies on terms which will be business, and claims recovery of British Income Tax overpaid, on

quoted on application.

ALSO up to date SAFE DEPOSIT terms which may be ascertained at

any of the Agencies and Branches.

B. A. CAMIDGE,

Manager.

BOXES in various sizes To Lar 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 Hanager, Hong Kong, 25th Feb., 1830.

THE CHASE BANK

"16, QUEEN'S ROAD, CENTRA

HEAD OFFICE:

18, PINE STREET,

NEW YORK An American Bank offering com

plete Foreign Banking Servic in the principal Markets of the

BANK OF EAST ASIA,

→ LIMITED

5,698,600.00

Authorized Capital...$10,000,000.00 Paid-Up Capital Beserve and Undivided.

Profits....

2, C3,261.58

Head Office:-HONG KONG No. 10 Des Voeux Road, Central. Board of Directors: 818 SKOTON. Cnow, Chairman Li Koon Chan, Esq. Li Lan Sang, Esq. P. K. Kwok, Esq. Wong Chu Son, Esq. Wong Tan Tong, Esq. Kan Ying P, Bag Ckan Ching Bhuk, Key, Fang Ping Wah Bag KAN TONG PO, EBQ., Chief Manager L Tax Fono, Esa., Manager

Penang

Branches and Agencies:··

Karloos Loudon Hangoon Bourabaya Manile afgron SWLLOW Melbourne Bus Fran- Bydary Bagama'ka dlage. Clastin

This Bank is entirely owned by Hola!a.

THE CHASE NATIONAL BANT NEW YORK, with Rescurces of ovrij U.8.$7,900,000,000

D. M. BIGGAR

Bacond Fice" Proj

A Job

WANT ADS

Paylag

Bemaran Shangha

Every description of Banking and Exchange business transacted. Loans grasted 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 CEPOSIT BOXES TO LET

"KAN TONG PO,

Chief Manager

Rangoon Saigon San

CAWNFORA CXBU COLOMBO

KOCHING

TIENTSIN

MADRAS

TONGRAH

MANILA

DELHI

MEDAN

10*

Paramount Pictures

53

81

Bombay Kuala

NEW YORK

(Bhuket)

TSINGTAO YOKOHAMA

Pennsylvania RR -

21...

Calcutta

294

Philadelphia Read, Coal

Canton London

761

Phillips Petroleum

35+

Chefoo Lyons

137

Public Service of NJ,

347*

Colombo

Malacca Sungei

151

Pullman Inc........

199

Dairen

Manila

11

174

Foochow

Pure Of

71

Muar

211

Radio Corpa, of Am.

#

Haiphong

4?

Baakow Mukden

Reading Company,

Com 134'

Harbia

31

Remington Arms Co., Ino,

41-

Haile

481

Republic Aviation Corp. ....

5

Ipob

Penang

28

Republic Steel

17

391

Revere Corp.

83*

751

Reynold Tobac. "B"

35+

51

Safeway Stores,

421*

31+

Schenley Distillers

91

11

Sears Roebuck

81.

27

Shell Unton Oil .......

B1*

Socony-Vacunum Of

B

331*

Southern Pacific

8+

173*

Southern Rly $5 pfd.

191

18

Spicer Manufacturing Co. 31

71

Standard Brands...........

By

251

Stand Gas & Mec.

14

161

Standard Oil of California

180*

161

Standard Oil of N.J.

344

741

Store & Webster ...

167

Studebaker. Com, ".

71

Swut International

18

304

Technicolor

10*

343*

Texas Corpn.

354

51.

Texes, Gulf Sulphur

31*

623*

Timken-Axte

25@

Itans-America Co.

41*

20th Cent. Fox

6

141*

Union Bag & Paper Corp.

113

471

Union Carbide & Carbon

713

33

Union Pacific

831

47

United Aircraft

391

United Airlines Trans

158

111%

United Corpn.

14

13

United Corpn. $3 eum pf. 364

121

United Gas Corpn.

11

52*

United Gas Improvement 111

157

US, `Industrial Alcohol.

181*

·14

US... Rubber

22.

251

VE, Rubber $8 pfd......

·84

world.

201

US. Steel

57*

107*

Interest Rates on Application.

Ampy

Vanadium,

543

Batarin

Singaporn

203*

Valtee. Aircraft

30

SAFE DEPOSIT BOXES

Bombay Calentin

46

Walworth Co

81*

Haiphong

Bankow

283

New York. Seattle

Warner Bros. Pict

4R

Parts

141

Kobe

Westinghouse, Elec,

21.

*24*

Woodward Iron Cor

1031

27}

Chase National Bank'

201

34

National City Bank..

· 291*

401

US Smelting

274

INDO-CHINA

BANK OF CHINA

Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE

BANK

STEAM NAVIGATION COMPANY LTD, PATD-UP CAPITAL $40,000,000.0

Chartered Bank.

from Prince Edward Island in-

£.

creased from 20,000 to 23,000

k7% & 5Thái Bark (Lon.

Reg.,

acres, and New Brunswick from Var Loan, 31% (Red 14,000 to 16,000. The principal

H.K. & 8'hal Bank' (Col.

after 1952)

1007

Reg)

entries were Green Mountain, 21,-| Janton-Kloon Rly, 5% 7 000 acres: Irish Cobbler, 14,000 | Chinese 41%, Gold, Loan" "RCIER," "AND"Katahdin, 0,000;

Chinese Eng & Mining.

(beårer)

~~1898 (Brit." "IISUS)"

Chosen Corporation

Chinese 5% Gold-Bonds,

1925-47....

Pekin Syndicate ...........

35

S'hal Elec. Constr. Co...

15

Operating Services for Cargo and Passengers

Chin. 41% Anglo-French

Shai Waterworks "A"

13

TO-

Loan, 1908 Chinese 5% Crisp Loan.

Union Insurance

20

Gula Kalumpang Rubber 13/0

SWATOW, SHANGHAL, TSINGTAU, CHEFOO

1912. Chinese 5% Reorg. Loan,

1913 (Lda. Is,)

12

B.-A. Tob. (bearer)

78/3

Mercantile Bank

Dunlop Rubber

Bristol Aeroplane

11-1/18 28 8.

Imperial Chemical Ind. 25/71"

United Steel-·······

17/

Woolworths

55/9

Marsman Investments ..i

Western Holdings

8/9 g

Sub-Nigel

157/0

11

Shell Trans & Trad

Dearer)

DONT FORGET

THAT WHEN You are at Home you can get the HONG KONG DAILY PRESS at SELFRIDGES.

Chinese &% Ster. Noter."

1925 (Vickers)

Chin Imperial Rly.

Loan

Honan Rly, 5%

Hukuang Rly. 5%, 1911

(LPN/ Issue) Fukuang Rly; 5%, 1911

German Issue) Lung Tsing & U. Hai

Riy, 5% 1913,

Web

S'hai-N'King Rly. 5% 12 Tientsin-Pukow Rly. 6%

(Brit, Stpd.) Tientsin-Pukow Rly." 5%

(German Stpd)

·36/101 Nat Defence Bonds; 3% 1013 London-Midlands-

tish. 1%

Great Western Bau

way. 3%

Nat. Bank of India. 3%

t-ex-dividena

11

ཟ་སླ་བ་

and TIENTSIN

KOBE and OSAKA

SINGAPORE, PENANG and CALCUTTA

SANDAKAN

HAIPHONG

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

For further particulars

please apply to-

TELEPHONE ZOSIL GENERAL MANAGERS

IESON& Co., LTD.

(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 China Offrost

CANTON

SWATOW

SHIUCHOW

KONGMOON TUISHAN

KINGCHOW

We also handle the is

issue of Bonds? and other Publis Funds of the Chinese Government both at Home and Abroad.

SHOU J. CHEN,

Manager.