Patani
Haiphong (Johore) Tientsin
(Peking)
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT Accours eponed and FIXED DEPOSITS received for Ons Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.
Adam's Express
415
Alleghany Steel Co.
Allis Chalmers
52-3/4
Aluminium, Ltd,
2
NEW YORK, Sept. 28, 1940.
Amer, Can
||
On demand
105
Previous Sept. 28
American Cyanamid B.
On India:-
"Telegraphic
Transfer.
SINGAPORE RUBBER
Close
Opening Closing Change
AmerForeign $7 pf.
and demand
182, 1/2
Buyers
Buyers
Amer, Locomotive
SPOT
37-3/8
37-1/237-1/2
"up 1/8
On New York:-
OCT.-DEC.
37 cts.
JAN.-MAR.
35 cts.
37-1/8 37-1/4 35-1/8
up 1/4
Amer. Metals Co........
Amer. Radiator
35 cts.
unch.
Amer. Rolling Mi
On Batavia:
On demand
42 3,9 *
The market was quiet but steady. LONDON RUBBER
Amer. Sting and Ring Co.
On Paris:-
buyers
Previous close Today's close
buyers
Amer Sugar Refining.
Change
Amer. Tel. & Tel.
Bank Ellis, on demand 085
SPOT
11-9/16
aner. Tobacco "E"
"OCTOBER
11-9/18
Amer. Waterworks-
On Saigon:-
NOVEMBER"
11-11/16
Market closed
Anaconda Copper
On demand
99 1/4
JAN-MAR.
On Manila:
On demand
43' 1/4
On Bangkok...
On demand
149 1/2
On Sterling Notes:--
Bank Buying Rate
Bar Silver per oz.
23 7/16
Official T.T. Bates
Opening
London
3-7/16
New York
5-1/4
Japan
22-1/4
India
19 N
Shanghai Exchange
Shanghai, Sept. 28 (Reuter).
APRIL-JUNE
NEW YORK COTTON: There have been substantial sales of cat-
ton goods at hardening prices. The movement-of-new-crop-is- slow due to unfavourable weather conditions and this makes the scarcity of "free" supplies doubly felt
CHICAGO WHEAT: The carrying charges on any volume of new crop entering into the Government Loan will mean that over 85 cents will be needed to releasesuch Loans. This should result in a further hardening trend.
NEW YORK STOCKS: Previous close, 131.78; Today's close. 132.32;
Change, up 56.
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE)
Barber Asphalt. Do, Barrisdall Ou
Bliss Co.
11-9/16 11-3/8
Atchison, T. & S. Fe.
Aviation Corp.
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
SEPTEMBER, 28. 1946,
On London:-
Telegraphic Transfer, 12.7/3. Bank Bills, on demand 1/3 7/8 Credits 4 months' sight' 1:3 1/
On Shanghai:----
On demand
On Singapore:—
On demand
On Japan:-
Bank Bills, on demand 24 5/4 - Credits, 60 days" sight 23 1/2
Credits * pronths right 1160-
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
2
NEW YORK STOCK EXCHANGE
STOCKS
QUOTATION
(REUTER'S SERVICE)
SEPTEMBER 29, 1940.
Amer. & Foreign Power ...
for
MONDAY, SEPTEMBER 30, 1940.
BANKS
HONGKONG »& SHANGHAI PHE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital....... 850,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up $90,000,000 incorporated by Royal Charter, 1858.
Reserve Funds:
Sterling
Paid-Up Capital .............. £3,000,000 £6,500,000 Reserva Fund
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro ...£3,000,000
Reserve Liability of
Proprietors
$20,000,000
Head Ofce:-HONG KONG
Deputy Chairman.
Hon. Mr. A. L. Shields, Sir Vandeleur M. Graybura,
Chief Manager.
prietors
.....£3,000,000 HEAD OFFICE: LONDON: 38, Bishopagate E.0.3. Sub-Agencies In London: 117/129, Leadenhall Street, E.0.3 West End Branch: 14/16, Cockspur Street, S.W1 Manchester Branch:
32, Mosley Street, Manchester, % AGENCIES AND BRANCHES
ALOR STAR
AKRITBAR
MANGTOK
CALOUTTA
HARBIN
BAIGON
BEREMBAN
PENANG HONG KONG KANGOON ILOILO 1POR KARACHI KLANG
AGENCIES: KORE
OLITE STARET But PLA
SANTON
KUALA
LUKFUR
KUCHING MADRAN MANILA
SHANGHAI
SINGAPOR
BITZA WAN
BOURABAYA
TAIPING
Last Sale;
STOCKS
Last 'Sale
Sept. 281
Sept. 28
5
Loew's Inc.
.241
224
Loft Incorperated ..
211
33
Mack Truck Inc. .....
23
80
A
| Martin, Glen L
311
Board of Directori H. V. Wilkinson, Esq.,
100
McKesson & Robbins, pt4. 25
Chairman,
36
Montgomery Ward
Hon. Mr. J. J. Paterson,!
..1 {"
M'tain City Copper Co.
32
15
National Aviation
101
1st
Nat Dalry Products
13!
J. K. Bousfield, Esq., A. H. Compton,, Esq.,
164
National Distillers
217
Hon. Mr. S. H. Dodwell,
7
National Lead
184
G. Miskin, Esq.,
11
Nat. Eower & Light
71
5. S. Morrison, Esq.,
41
National Supply Corp.
5མ་
Hon. Mr. T. E. Pearce,
BATAYIA
13
New York Central
141
C. C. Roberts, Esq.,
BOMBAY
162)
Niagara Hudson 'Power
771
N. American Aviation
171
-81
North American Co.
181
321.
Northern Pacific
01
161
Owens-Minols Glass Co...
53
4A
Pacific Gas & Elec
"29
Amoy
"Branchen; Johore
CAWNPORE
THENTHIN
Baldwin Lecometive
151
Packard Motors
31,
Bangkok Kobe
Baltimore & Onto
"44
Pan-American – Airways
„14).
Batavia
Kowican
108
Bombay
Киага
Rangoon Saigon San
Francisco
CEBU COLUMBO
TONGKAR
(Bhuket)
Paramount Pictures
61.
Calcutta
8
Lumpur
Shanghai
Pennsylvania RR.
211
DELE HAIPHONG HAMBURG HANKOW
MKDAN
TSINGTAO
NEW YORK
«YOKOHAMA
PRIPING
Canton
London
Bendix Aviation ...
311
Philadelphia Read, Coal
Chefoo
Lyons
Singapore Sourabaya
Bethlehem Steel
.........
791
Philips Petroleum
35
Colombo
Malacca
Sungei
143'
Public Service of N.J. .......
344*
Dairen
Manila
Boeing Airplane Co.
16
Pullman Inc...........
201
Foochow Munr
Swatow
Borg-Warner
184
Pure Ol
71
Briggs Mfg.
211
Radio Corpn. of Am.
41
Bankow
Budd M'facturing, Corp.
Harbin
Reading Company!
Com
14*
Iloilo
Canadian Pacific R'way
*34*
Remington Arms Co., Inc.
53
Case, J.I.
52*
Ipoh
Republic Aviation Corp.
51
Celanese
287
Republic Steel
178
Chesapeake & Ohlo.
40
Revere Corp. ...........
11
Chrysler Corpn,
79
Reynold Tobac. ("B"
354
Hongkong
22-3/4
Sterling
Sellers
Spot
Sept.
"Oct.
Opening Closing 013-31/64 0/3-31/64 0/3-31/64 0/3-15/32 0/3-15/32
New York Hides, Dec.
New York Cotton, Dec. New York Rubber, Dec. Chicago Wheat, Dec. Chicago Corn, Dec.
Prev. Today's 9.53 9.57 9.63 v. 9,50
.04 19.64 19.50 19.50b 19.43b .07 off 821 801 791 821 21 up 572 571 571 571 unch. 10.42 10.27 10.21b 10,36b .15 up
Columbia Gas & Elec.
51
Safeway Stores
42*
up
Commercial Credit Co.
30%
Schenley Distillers
**
Com, & Southern (Ord.)
14
Sears Roebuck
B2
Conselldated Edison
267
Shell Union Of
B
Consolidated Off
Secony-Vacunum Qu
81
Continental Can
39
Scuthern Pacific
St
Continental Oil
171
U.S. Dollars
NEW YORK COTTON Oct. (New contract)
Close
Opening
9.52/52
Closing 9.54/51 & 9.58/58
Change
Southern Rly $5 pid.
211
Copperweld Steel
191
Spicer Manufacturing Co.
331
.06 up
Gurtiss Wright (C)
73
Spot
$5-3/8
$5-13732
Standard Brands
61
December (
}
9.53/54
9.51/52
9.57/59
.04 up
Sept.
Oct.
5-11/32 ·
5-13/32 5-3/8
Curtiss Wright "A"
27
Btand Gas & Elec,
January
9,43 N
9.40/40
9.50
.07 up
Deere & Co.
211
March
}
9.43 N
9.42/42
9.51/51
.08 up
Standard Ol of Californila
173
Distillers Corpn. Seagrams
17*
Market: Quiet.
India Rupee Paper
Bombay, Sept. 28 (Reuter). Govt. 3% Rupee, 90-14-0.
Calenta Exchange
Calcutta Sept. 28 Reuter). TT, on Japan, 81-1/4.
SILVER MARKET
BOMBAY SILVER Bombay, Sept. 28 (Reuter).
Offtake 50 bars.
Market-Quiet.
Total sales Friday-130,000 bales. NEW YORK RUBBER
May July Spot
9.26/27
Standard Oll of "N.J.
334
-9:25/26-
9.35/35
09 up
Douglas Aircraft.
}
9.04/05
9.04/04
9.71 N
9.14/14 9.77n
.10 up
Stone & Webster
Du Pont de Nemours
173
.06 up
Studebaker Com,
73
Eagle Picker Lend
Swift International
173
Eaton Mfg. Co.
327
Technicolor
Elec, Autolite
351
Texas Corph
351
December
19.50b
January
19.41b
19.64/64 19.50/50
March..
19.25b
May
19.15b
19.40b/45a 19.40a
19.49b 19.43b 19.92/32 19.20/20
Elec. Bond & Share
sta 5
01 off
Texes Gulf Sulphur
33+
Elec.. Bond & Share $5 pf.
62*
Timken-Axle
273
,02 22
.07 up
Elec Bond & Share 38 pl. 713 Elec. Power & Light $7 pf.
Trans-America Co.
378.
.05 up
20th Cent. Fox.
51
161
Union Bag & Paper Corp. 12
Total sales:-300 tons,
Gen. American Trans.
50
Union Carbide & Carbon 731*
THE CHASE BANK
CHICAGO WHEAT
Gen. Electric
35+
Union Pacific
031
December
797/80
May
798/791
80+/803 821/824 792/79
812/811
to to
Gen. Mctors
49+
21 up
United Aircraft
40
1B, QUEEN'S ROAD, CENTRA
Gen. Railway Signal
14
up
United Airlines Trans
16
Gen. Tire & Rubber
(12)
Friday's sales:-10,243,000 bushels.
United Corpn
18
HEAD OFFICE:
Gudden Co,
14
Indian Mint Silver
United Corp. $3 cum pf... 35
CHICAGO CORN
Gondrich (BF.)
12
Ready
United Gas Corpn.
11
62-14
December
Ost. 2 Settlement
02-15
May
63-00
573/571 #571/571 582/581 59/58
571/571
Goodrich $5 pf.
'54"
unch.
United Gas Improvement
119
581/581
unch.
Goodyear Tiro & Co.
151
US. Industrual Alcohol.
22}
Great Northern Tron Ore
141
WINNIPEG WHEAT
October
U.8. Rubber
201
Great Northern Rly, pfd.
18, PINE STEKET,
NEW YORK An American Bank offering comLi plete Foreigo Banking Servic in the principal Marketa of the world.
27+
US. Rubber $8 píd.
Singapore
75
7016
701b
714b
1 up
Interest Rates on Application.
Great Western Sugar
19*
US Smelting
62*
חרת
NEW YORK HIDES December March
Greyhound Corpn. ...........
11
:
U.6. Steel
573
SAFE DEPOSIT BOXES
Eercules Powder Co.
81.
10.21b/24a 10.27/32 10.38/36 10.30/30
10.36b 10.40b
Vanadium
311
15 up
Homestake. 'Mining
451
10 up
Vuitee Aircraft
Haiphong
Monoiala
cb.
Parli
Int Nickel
261
Walworth Co.
43:
Inter. Paper & Power
141
Warner Bros. Pict.
21
unquoted, 4.03-1/2
Int, Tel.& Tel
21*
Westinghouse Elec,
1001*
Kenrecott Copper
304
Woodward Iron Cor.
27
10.85b
10.5$b/57a 10.84b
01 off
Lakey Foundry & Mač. Libbey-Owens-Ford Lockheed Aircraft
41 Glass 421
Chase National Bank National City Bank
291*
231*
23
1940
DE
High Low Close
Change
131.76
132.38 131.83 132.32
58 up
26.97
28.42 29.28 .28.40 *
.13 up
21.75
21:09 21.59° 21.65
.10 off
90.81 83.06 40 Bonds
89.87
04.07 4874 IT Commodity Index - 62.75
89,92 63.23 .48.up
.0b up
Business Done:-200,000 ̈sharos
Nov. 26 Settlement
LONDON METALS
EXCHANGE
London, Sept. 26 (Reuter).
Standard, Cash, Middle
Price, mutilated
Tin, Standard, 3 months. Middle Price, £282-3/4.
Market firm, Good overnight caused United States, business covering here, walle sellers were reserved in anticipation of higher prices.
Anglo-Turco Trade Agreement
ANKARA, Sept. 29 (Reuter)-It. was announced in Ankara-yeater- day that Britain and Turkey ar negotiating a new trade agrae- ment which will include India and the Dominions
H.K. STOCK EXCHANGE
Saturday, Sept. 28. The market was featureless.
BUYERS
Entertainments, $8.60.
SELLERS
Trams, $16. Telephones (Old), 324.50. Dairy Farms, $18.25.
BALES
HK. Gort. 34% Loan, $95. Dairy Farma, $18. China Lights (New), $4,10.
HONGKONG
SHAREBROKERS'
ASSOCIATION
Total sales for the day:-~54 contracts.
34-3/4
NY official Silver
NY-London Cross Rate 4.03-1/2
NEW YORK COPPER FUTURES December
LONDON STOCK EXCHANGE ·
(REUTER'S SERVICE}
Tientsin-Pukow Rly. 6%
(Brit. Stpd. Supi. Loan a Tientsin-Pukow Rly. 0%
(Ger. Stpd. Supl. Loan &
· London, Sept. 27. The following quotations are the middle prices at the close of the market in London. All quotations fare subject to confirmation and no Jap. 6% Ster, Loan, 1924 301 responsibility is assumed for errors Ger, 7% Inti. Loan, 1929 51 In transmission.."
1912 Chinese 5% Reorg. Loan; ́1913 (Ldn. La.) vaatim Chinese 8% Bter. Noter.
1925 (Vickers)
Chin Imperial Rly. 5%
Loan
Honan Riy, 5% Hukuang Rly 5%, 1911... LPN/ Issue). Sukuang Rly. 5%, 1911
German Issue) on Saturday, Sept. 28, 1940 Lung Taing &... D. Hai AB, Watsons 2
£100 $3,00 Ely. 5%.1913 ...
6.60 3'hal-N'King Rly. 5% China Ligs. (N) C. Call 1000
6.60 Tientsin-Puków Rig. 5%
(Brit. Stpd.) Tientsin-Pukoy Elỳ. 5%
(German Spd.)
300
1400
The total value is $9,460.00
Chartered Bank.........
EK. & Chai Bánh (Lên
Reg.)
Nat Delence Bonds, 3% Londen-Midlands-Scol-
Great Western Rail-
way, Nat. Bent of India: 3%
ទី៦ ន
DOW JONES AVERAGE
Bigh Low Dow Jones Averages Sept. 27 152.80 111,84 30. Industrials
32.67 22.10 20 Rails 28.45 18 03 20 Utilities
Sept. 29, 1940.
Mukden Tokyo New York Tsingtao Peiping Yokohama
Penang
CURRENT ACCOUNTA opened in LOCAL CURRENCY and FIXED DEPOSIT received for one year or shorter periods in Local and other Cur rencies on terms which will be quoted on application.
Azso up to date Sa Deposir Boxes in various sites To Ler. 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., 1939.
This Bank is entirely owned by THE CHASE NATIONAL BANK. New York, with Besources of grat U.S.$2,900,000,000.
D. M. BIGGAR..
Second Figs Pre
Ajob?
WANT ADS
INDO-CHINA
STEAM NAVIGATION COMPANY LTD
and TIENTSIN
2
War Loan. 34% (Red,
after 1952) Janton-Eloon Rly. 5% 6 Chinese 41% Gold Loan 1898 (Brit. Issue)... ........... Chinese 5% Gold Bonds...
1925-47
1017
.30
EK. & Bhai Bang (Col.
Reg) Chinese, Eng, "& Mining
(bearer)
14
Chosen Corporation
35
Chin. 41% Anglo-French
Loan, 1903
44
Chinese 5% Grisp Loan. ·
Pekin Byndicate...... B'hai Mec. Constr. Co. Bhai Waterworks “A”- 131 Union Insurance de 20 Gula Kalumpong Rubber
2
-15
Operating Services for Cargo and Passengera
TO-
13/8
|B.-A. Tob, (bearer)
78/9
Mercantile Bank
11
Dunlop Rubber
28
Bristol Aeroplane
9/11.
Imperial Chemical Ind. 26/6
+ 41 $10
United Steel
17/71
Woolworths ;*****
55/9
Maranan Investments 6/0
12
Western Holdings
8/9
Sub-Nigel
180
་
Shell Trans, & Tra
bearer)...
35/7 1014
111
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
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 are landed.
For further particularé
please apply to
JARDINE M
THESON&
TELEPHONE ZOJII. GENERAL MAN
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates obtainable on application.
The Bank's Head Office in London undertakes Executor. and Trustee business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.
B. A, CAMIDGE," Manager,
BANK OF EAST_ASIA,
.. LIMITED
Authorized Capital... 10,000,000.00 Paid-up Capital
5,598,600.00 Beserve and Undivided
Profits....
...3,83,261.58
"Head Office:-HONG KONG No. 10 Des Voeux Road, Central.
Board of Directors: "SIR SHOPSON CHоw, Chairman Li Koon Uhan, Esq. Li Lan Sang, Eag P. K. Kwak. Esq. Wong Chu Son, Esq. Wong Tun Tong, Esq. Kan Ying Po, Esq. Chan Ching Shck, Eaj. Fung Ping Was Esq KAN TONG Po, Esq., Chief Manager
Tax Foxa, Esa, Manager
Amoy
Batavia Bumbay
Branches and Agencies:--
Ko-loca Prosle
Loudon
Manila
Bangoon Bodenbaya Baigon
Malbourne. Bin Trum iring
New York Bustile
Folping
in Tiantain
Semarang Bhungthul
CONTE
Every description of Banking and Exchange business transacted. Lozor granted on approved securities
Current Accounts opened in Loos! 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.
SATE DEPOSIT BOXES TO LET.
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AB AN INTERNATIONAL EXCHANGE
BANK PAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHINA); Owing to our numerous Branches lin 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: BHANGHAI: Hong Kong Branch- QUEEN'S ROAD, C. South China Oploss:
CANTON
SWATOW BHIUCHOW
KONGMOON TOISHAN
KINGCHOW. We also handle the issue of Bonds and other Public Funds of the Chines Government both at Homr and Abroad,
SHOU J, CHEN,
Manag
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