1940-10-10 — Page 10

Adams Express

380

Alleghany Steel Ca.

Allis Chalmers

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND

EXCHANGE

.

CLOSING QUOTATIONS

CCTOBER, 9, 1940

Ou London:-

Telegraphle

Transfer. 1/9 7/*

Bank Bills, on demand 1/3 7/8 Credits 4 months' sight 1,3 1/2°

On Shangha

On demand

On Singapore:—

PAYNE & CO.

COMMODITY BROKERS STOCK EXCHANGE BUILDING

· HONGKONG-

COMMODITY MARKET REVIEW

(FROM PAYNE & CO.)

NEW YORK STOCK EXCHANGE

STOCKS

QUOTATION

(RÄUTER'S SERVICE) CCTOBER, 9, 1940

THURSDAY, OCTOBER 10, 1940.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

INDIA, AUSTRALJA AND CHINA-

Issued & Fully Paid-Up $90,000,000 Incorporated by Royal Charter, 1839

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

Paid-Up Capital. £6,500,000 Reserve Fund...

LES,000,000-

£9,000,000

prietors

„£3,000,000.

HEAD OFFICE: LONDON:

$90,000,000

BANKING CORPORATION

Authoriad Capital $50,000,000.

Reserve Funds:

Sterling....................

Last Sale

STOCKS

*Last Sale

Reserve Liability of

Oct. 8.

Get. 8

Proprietors......

51

Loaw's Inc.

254

21

Loft Incorperated

201

337

Mack Truck Inc.

25

On demand

52 3/4

Aluminium Ltd.

02

Martin, Glen L

31

H. V. Wilkinson, Esq.,

On Japan:-

NEW YORK, October 8, 1940. --

Amer. Can.*********

98..

McKesson & Robbins, pis. 201

On demand

106

Previous October 8

American" Cyanamid B.

37

Montgomery Ward

402:

On India:-

SINGAPORE RUBBER

Close Opening Closing Change

Amer. & Foreign Power ...

11

M'tain City Copper Co.

31

Telegraphie Transfer.

82 1/2

Buyers Buyers

Amer Foreign $7 pi

*16*

National Aviation

104

J. K."Bousfield, Esq.

and demand

SPOT

37-5/837-1/2

37-1/2

off 1/8

Amer. Locomotive

15

| Nat.. Dairy Products

13

A. H. Compton, Esq.,

On New York:-

JAN.-MAR.

35-5/8 35-1/2

35-1/2

of 1978

Amer. Metals Co.

*** 16

National Distillers

214

Hon. Mr. S. H. Dodwell,

Bank Bills, on demand 23 7/8 Credits, 80 days' 'aight 23 3/4

APR.-JUNE

34-1/8 34 cts. 34 cts.

off 1/8

Amer. Radiator

National Lead

181

G. Miskin, Esq...

:

Amer Rolling Mill

121

On Batavia:--

On demand

42 3/4

The market was quiet.

LONDON RUBBER

Nat, Fower & Light

71

K. S. Morrison, Esq.,

Amer. 9'ting and Ring Co.

401

Previous close Today's close

National Supply Corp.

51

Hon. Mr. T. E. Pearce,

Amer, Sugar Refining

133

New York Centi al ......

141

On Paris:-

buyers

buyers

Change.

Amer. Tel, & Tel.....

1021

| Niagara Hudson Fower

4

Bank Bills, on demand +085 Credits 4 months' sight (160

SPOT

11-7/8

11-7/8

unch.

Amer. Tobacco "B"

77

N. American Aviation ......

167

10. C. Roberts, Esq.,

Hon. Mr. A. L Shield, Sir Vandeleur M. Grayburn,

NOVEMBER

11-7/8

11-7/8

unch.

Amer. Waterworks

81

North American Co.

183

On Balgon:-

DECEMBER

11-7/8

11-7/8

unch

On demand

.90 1/2

JAN,-MAR.

11-7/8

On Manila:~

|APRIL-JUNE

11-13/16

11-13/18 11-11/16

off 1/16

Anaconda Copper

22

Northern Pacific

61

off 1/8

45 3/4

7

TALS

Chicago Corn, Dec.

On demand

On Bangkok:----

On demand

On Sterling Notes:-

Bank Buying Rate

Bar Silver per ca

Nom.

...... 23/18

Market Report

FROM ROZA BROS.

Wednesday, Oct. 8. Silver prices were unchanged yesterday, the quotations remain- ing at 23.7/16 for Ready, and 23. 3/8 for Forward, Bilver advices re- ported the markot sa being steady but quiet. American Bilver quoted at 343/4 for Spot,

The market was quiet. NEW YORK COTTON: There was some small but constant Trade covering for December, but the coming elections and the political situation in the Far East were restraining factors: The Govern- ment estimates the crop at 12,741,000 bales,

NEW YORK RUBBER: The market was firm on the political un-

easiness in the Far East.

CHICAGO WHEAT: The market remains steady on the continued

strength of the cash markets,

NEW YORK STOCKS: Previous close, 133.51; Today's close, 131.31;

Change, off 2,40.

NEW YORK COMMODITY MARKET

New York Cotton. Dec. The London/New York cros4 | New York Rubber, Dec. rate was quoted at 402.1/2. New Chicago ·Wheat, Dec. York/London was 'bucited, at 404

Atchison, T, &.8. Ft. Aviation Corp. Baldwin Lecometiva Baltimore & Ohlo Barber Asphalt Co.

.16

Owens-Illinois Glass Co.'

581

"44

Pacific Gas & Elec

20

Amoy

16.

Packard Motors

31

Bangkok

Branches: Johore Kobe

:

ין

Rangoon Saigon.

4

Pan-American Airways

157

Batavia

Κουτρου

SAD

107

Paramount Pictures

BI

Bombay

Kuala

Calcatta

Barnsdall Ou

8

Pennsylvania FR

221

Lumpur

Bendix Aviation

301

Philadelphia Read, Coal

Canton London

Chefoo Lyons

Bethlehem Steel .....

781

Phillips Petroleum

354

Colombu Malacca

Bliss & Co.

141

Public Service of NJ,

331

Dairea Manila

Boeing Airplane Co.

151

Pullman Inc......

231

Focobow Muar

Borg-Warner

18)

Pure Off

7.

Briggs, Mig.

211

Radio Corpn. of Ami:

41

Bankow

Budd M'facturing Corp...

41.

Reading Company,

Com

141

Harlin

Canadian Pacific R'way

38

Remington Arms Co., Inc.

Toile

Case, J.L

544

Ipoh

Republic Aviation Corp. ...

$51

Celanese

284

Republic Steel

174

Chesapeake & Ohiş

401

Revere Corp.

103

(REUTER'S SERVICE)

Chrysler Corpa.

773

Reynold. Tobac. "8"

353

174.

MARKKT

Steady.

STERLING

New York Eldes, Dec.

Prev. Today's 0.60 9.56 9,61 9.59 19.90 19.70 10.70 19,86

823

81-k 321 82 581 58 581 584a 10.75 10.47 10.70 10.88

Columbia Cias & Elec.

51

Safeway Stores

42

.02 off

Commercial Credit Co.

301

Schenley Distillers

10.

.16 up

Com, Southern (Ord.)"..." "T

Sears Roebuck

797

rendies of quoted on application.

Consolidated Edison...

261

4 off

Shell Unton Oil

81

*anch,

Consolidated O.......

51

Sotony-Vacunum Of

8

he obt

Continental:Can

Boxes in various sizes To LET: Hong Kour, 28th February, 1940.

40

Southern Pachie

Continental ol

171

Southern Rly $5 pfd.

21:

Head Office:-HONG KONG

Board of Directors:

Chairman. Hon. Mr. J. J. Paterson,

Deputy Chairman,

38, Bishopsgata E.Q.a

Sub-Agencies In London: 117/122, Leadenhall Street, E.C.S West End Branch: 14/16, Cockapur Street, S.Wi Manchester Branch: 52, Monley Street, Manchester, S. AGENCIES AND BRANCHES:

HARDINAL PRRANG HONG 2050 2400

ALOE STAR AMRITSART

|BANGKOK ILOILO

BATAVIA

BOMBAY

GALOUTTE

BALDON

IPON

SEREMBAN

KARAOK KLANG

BHANGRAT

AINGAPORM

"AGENCIES: 2082

OLATE STRAIT

Chief Manager. Farix Pac

CANTON - CAWNPOES Kanke

TALA

EZ

BOLOMBO DELHI HAIPHONG

Francisco EAMBO30

Shanghai Singapore Sourabaya Sungei

Patani- Swałow

Lisiphong____ (Johore). Tientsin........

Makdon Tokyo New York Tsingtao Peiping Yokohama Penang

HANKOW

LUMICE KUCSING MADRÁN MANTLA MIDAN NEW YORK PRIPING

(Peking)

SITIAWANAN BUURABAŤA. TAIPING TIENTS IM TONGIAM

! (Bhukos)

THINSTAC TOKUHANA

FOXLON EXCHANGE and General Banking Business transacted. "Why" CURAINT ABOUT opened and FIXED DEPOSITS received for One Year or shorter periods in Local or Other CaFrebuiné, at' räte "which will be quoted on application.

SAVINGS ACCOtara alad opened in Local Currency and Sterling with CURRENT ACCOUNTS opened in interest allowed at rates, obtainabla s LOCAL CURRENCY and FIXED DEPOSITS on application, received for one year or shorter The Bank's Head Office in London periods in Local and other Our undertakes, Executor and Trustee terms which will be business, and claim recovery of British Income Tar overpaid, os

ALSO up to date Bar DEPOSIT terma which may be ascertained as "

any of the Agencies and Branabes.

R. A. CAMIDGE,

Manager.

NEW YORK COTTON

Close

Opening

Closing

Change

Copperweld steel

191

| Spicft "Manufacturing Do. 32

March

May

U. 9. DÖLLARS

*

July

Spot

January

near March with

May

October

March

There were sellers at 1/2.31/32 January f up to December, buyers at 1/3 for any delivery.

Quiet. Opened with sellers at 23.3/18, buyers bidding 23.5/18.5

Later & small business was arrang- NEW_YORK RUBBER ed at 23.5/16 for October delivery. December Towards the close business was

also reported at 23.3/8 for delivery. The market closed possible sellers at 23.1/4 for fear. buyers at 23.3/8 for Cash,

SHANGHAI DOLLARS“ Opened at 300. Subsequently the rate rose to 397 at which rate. business was done followed by transactions at 396. Later busl- ness was done at 391. Towards December the close business was done at May

388. The market closed with sell-WINNIPEG WHEAT ers at 385.

SHANGHAI MARKET Steady but erratic. Opened with sellers of Sterling at 3.3/4 for at Spot and closed with sellers

827/32 for Spot. U. S. Dollars

10.60b/70a 10.56b/70a Total sales for the day:-122 contracts.

opened with sellers at 57/8 and NY-Offictul Silver closed with sellers at 5.31/32 for NY-London Cross Rate 4.04 Spot:

Shanghai Exchange

Official T.T, Rates"

Shanghai, Oct."9 (Reuter).

0

Oct. (New contract) December (

9.63/63

9.63/63

9.62/62

.01 off

Curtiss Wright (C.)

TH

Standard Brands

}

9.81/61

9.80/59

9.59/59

.02 off

Curtiss Wright “A”

"27

Stand Gas ElecÑO

14

9.60 N

9.58a

9.56n

.04 off

Deere & Co,

191

Standard Oil of California

17

9.60/60

9.57/87

9.55/55

05 of

Distillers Corpn. Seagrams

163,

Standard Oil, of NJ,

33

*0.50/50

9.48740

9.47/47

:03 A

Douglas Aircraft

77..

Stone & Webster

}

9.31/91-

9.28/29

9.72 N

9.21/27 9.7in

.04 of

Du Pont de Nemours

174

Studebaker Com

77

.01 of

Eagle Picher Lead

81

Swift International i. 178

Total sales. Monday:---93,200 bales

Eaton Mfg. Co.

33

Technicolor

Elec, Autolite.

35A

Texas Corpn.

337

Eleć Bond & Share

47

Texes Gulf Sulphur-

33

-19.70/70-19.70/71

19.63b

19.45b

19.335

-19.88/80 unquoted 19.77b 19.51/51 19.60b/62a 19.44/44 1948)

16 up

Elec Bond & Share $5 pf. ·62*

Timken-Axis

28

.16 up:

Elec, Bond & Share $6 pf. 7

Trans-America Co.

44

.15 up.

15 up

Elec. Power & Ligtit #7 pf. - 351 Flintkote

20th Cent, Fox.

57

171

Union Bag & Paper Corp.

111

Total sales:-1,090 tons.. CHICAGO WHEAT. December ........ May

Gen--American Trans.

49

Union Carbide & Carbon

721

Gen, Electric

944

Union Pacific

83

Gen. Motors

481

United Aircraft

384

824/823

921/82

31/811 81/811

821/82 818/813

off

Gen. Rallway Signal

15

United Airlines Trans .....

10%

off

Gen. Tire & Rubber

112

Monday's Sales:-10,399,000 bushels. CHICAGO CORN

United Corpn.

Glidden Co.

141

United Corpn. $3 cum pf. 35

Goodrich (BF.)

113

United Gas Corpn.

1.

581/581 581/58 591/691 591/59)

584a 593/591

unch.

Goodrich $5 pf.

563

United Gas Improvement

11

off

Goodyear Tire & Ga

157

U.S., Industrual Alcohol.

221

Great Northern Iron Ore -

15

U.S. Rubber

19

Great Northern Rly, pid.

27

US. Rubber $6 pfd,

74

704/70

700 701

701b

¿ off

Great Western Sugar

20-

Interest Rates oa "Application.

U.S. Smelting

811

NEW YORK HIDES December

Greyhound Corpn..

113

U.S. Steel

57)

SAFE DEPOSIT BOXES.......

Hercules Powder Co.

80*

Vanadium

31!

10.70/70 10.86/00

10.86/68 10.55

.04 off 11 off

Homestake Mining

401

Vultee Aircraft

g".

HONGKONG SAVINGS

BANK

The Business of the shore 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.

THE CHASE BANK

1, QUEEN'S ROAD, CENTRAI

HEAD OFFICE:

*BANK OF EAST ASIA,

LIMITED.

Authorised Capital....$10,000,000.00 Paid-Up Capital Reserve and Undivided.

Profits......

5,598,600.00

-2,963,281.50

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

Board of Directors: SIE SAOUSON CHOW, Chairman Li Koon Chan, Est Lisa Sang, Eng. P. K. Kwok, Esq. Wong Chu Son, Big, Wong Tan Tong, Esq. Ken Ying Po, Rag Chan Using Shok, Esq. Fung Ping Wah Esq KAN TONG Po, Esa, Chief Manager

THE FOXO, Esq, Manager

18; PINE STREET,

NEW YORK An American Bank offering comL plete Foreign Banking Servies in the principal Marketa of the world

Batavia

"Branches and Agencies:

-Koxloon~PREtang · Alagaporn

Haroon Bourabay Balgon Mallonen San Fran....... Bydney - -

London Manife

Amoy

Barthay

Calentia

Haiphong

doo Tiootiku

Hinton

·New York. Baaztia

Hemolatu

Kobe

Pelping

*Int Nickel .....

287

Walworth Co.

44

14

PI

Warner Bros. Pict

21

34-3/4

24*

Westinghouse Elec.

1034

291

Woodward. Iron Cor.

281

LONDON STOCK

EXCHANGE

4. Glass 434 271

Chase National Bank National City Bank

291*

London

New York

Japan

India Hongkong

Calcutta Exchange

Opening

0/3-9/16

5-1/2

23-3/8

19-3,4 23-5/8

Calcutta. Oct. 8 (Reuter). TT. on Japan, 81-1/4.

India Rupee Paper

Bombay, Oct. 8 (Reuter). Govt, 31% Rupee, 91-01-0.

SILVER MARKET LONDON SILVER

(REUTER'S SERVICE)

London, Oct. 8. 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.

£

War Loan, 31% (Red,

after 1952).................... 101-13/16 Janton-Kloon Rly. 5% 6 Chinese 41% Gold Loan

1898 (Brit. Issue)

34-3/4 4.04-1/4

LONDON METALS

EXCHANGE

London, Oct. 8 (Reuter). Tin, Standard, Cash, Middle Price, £257-3/4

Tin, Standard, 3 months, Middle. Price, £200,

Market quiet..

Tientsin-Pukow Rly. 5%%

(Ger.Btpd. Bupl. Loans B Jap. 6% Ster. Loan, 1923 20 Ger, 7% Intl. Loan, 1924 54 Chartered Bank

HK. & B'hai Bank (Ldn

Reg.j

Inter. Paper & PowerTM Int, Tel."& Tel"

Kenmecritt Copper Lakey Foundry & Mac. Libbey-Owens-Ford Locknred Aircraft

64.07 48 47 11 Commodity Index

#

DOW JONES.. AVERAGE

1940

32.67 22.15 20.

26.45 18.03.20

90.3183.08 40

High Low Dow Jones Averages (Oct. 7,

Industrials .....159.80 111.84 20

Rails Utilities Bonds

133.51

2.91.

31 92

00.35

53,87

Oct. 9.-1840. Bigh Low Close Change 13347 121.30 13231–2,90 of

121,80. 21.64 21.55 27 off 80.0% 23. oft 53.65.0% off Business Done"-500,000 shares »

This Bank is entirely owned, by

TH CHASE NATIONAL BANT New York, with Resources of ove U.8.$2,900,000,000..

D. M. BIGGAR,

Second Fipe Pre

A Job

WANT ADS

INDO-CHINA

STEAM NAVIGATION COMPANY LTD

Operating Services for Cargo and Passengers

BWATOW, SHANGHAI, TSINGTAU, CHEVOO.

and TIENTSIN

SINGAPORE, PENANG and CALCUTTA

KOBE and OSAKA

.30

HK, & Shai Bank (Col.

Reg)

| Chinese 5% Gold Bonds. 1925-47201819

Chinese Eng & Mining

35

(bearer)

| Chin. 41% Anglo-French

Loan, 1908 wiring Chinese 5 Crisp Loan.

Chosen Corporation

44

Pekin Syndicate

2.

S'hai Elec. Constr. Co.

10.

#1912 Chinese 5% Reorg, Loan."

1913 (Lan. Is.),

12

B'hal Waterworks “A” ... 13

TQ

Union Insurance...

20

Gula Kalumpang Rabber 13/9

B-A, Tob. (bearer)

85

1925 (Vickers)

Mercantile. "Bank

108

Chin, Imperial Rly. 5%

Load my

Dunlop Rubber

30/3

41.

Bristol Aeroplane

9/0

Hónan Rly, 5%

20

Imperial Chemical Ind. 27/9.

Hukuang Rly 5%, 1811 "KLP, N/Y Issue):

United Steel

18/71

12

Woolworths

58/6

Sukuang Rly. 5%, 1911 --

Marsman Investments

8/0

10

Western Holdings

10.

and cargo are lauded.

Bub-Nigel

160,"

Chell

Trans

For further particulara

peater)

36/3

plonso apply to y

SANDAKAN

HAIPHONG

All stonmoes borth alongside

the Roosevelt Terminal in

the French Conbeadón

Shanghal, where "passengers

na Bemarang

Shangha

Evers description of Banking sad Exchange business transacted. Loans granted on approved securities.

Current Accounts opened in Local Currency and Fixed Deposits re ceived for one year or shorter: periots in Local and Foreign Cur rencies on · terms · which will be quoted on application.

BAFE DEPOSIT BOXES TO LET

KAN TONG PO

Chief Manager.

BANK OF CHINA

Specially Chartered by THE NATIONAL GOVERNMENT

OF CHINA AS ANG INTERNATIONAL EXCHANGE

_____ BANK A

PAID-UP CAPITAL $40,000,000,00

BRANCHES ALL OKER CHINA) Owing to our numerous Branches in Chins 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:SHANGHAI Hong Kong Branch: QUEEN'S BOAD, C South China Oflens:

DANTON

SWATOW

KONGMOOM TOISHAN

SHIUCHOW KINGOHOW

We also handle the insta of Bonds and other Public Funds of Chinese Government both at Find Abroad

SHOU

London, Oct. 8 (Reuter). Suer-Market quiet but steady."

Business very small. In the after-Chinese 8% Ster. "Noter,

noon, the market was quiet with '

no business.

Spot, 23-7/184.

Forward, 23-1/24.

KOMBAT SILVER

Bombay, Oct. 8 (Reuter).

Market ulet. Offtake 50 bars.

Indian Mint Silver

Ready

02:11

Oct. 23 Settlement

262-12

82-13

Nov 28 Settlement

LONDON GOLD

London, Oct. 8 (Reuter) Bat Gold, Fine per oz., 188/-

German Zasue).........

Lung Taing & . Hal

Bly, 5% 1913 S'hal-N'King RF 5% Tientsin-Pukow Rly, $9

(Brit. Stpd) Tientsin-Pukow Rly. 6%

German Stpd) Tientsin-PukON RU, 1% (Brit. 8tpd. Supl., Loan)

*

២១. ម

Nat Defence Bonds, 3% 1011 London-Midlands-Boot-

Great Western Rail-

way 3% Nat, Bank of India, 3%

124

241

RDINE MATHESON&Co.,Ln LEPHONE COXIL GENERAL MANAGERS