1940-10-14 — Page 10

Daily Press 孖剌西報 All

Adams Express-

Alleghany Steel Co.

Allis Chalmers

Aluminium Ltd....L

Amer. Can

NEW YORK October 10, 1940.

100

Amerisan Gyanamid: B.

Previous

October 10

Amer. & Foreign Power

SINGAPORE RUBBER

82 1/2

SPOT

JAN.-MAR:

Close Opening Closing 'Change Buyers

Buyers 37-3/8 37-1/2 · 35-5/8 35-1/2 35-5/8 35-5/8 33-3/4 33-7/8 34 cts.

Amer & Foreign $7 pt.

Amer. Locomotive

up 1/4

Amer." Metals · Co.:

up 1/8

Amer. Radiator

up 1/4

Amer. Rolling Mill

Amer. Sting and Ring Co.

Previous close Today's close

Amer, Sugar Refining

buyers

buyers

Change

Amer. Tel, & Te

11-7/8

11-13/16

11-7/8

11-7/8

off 1/16 unch.

Amer, Tobacco "B"

Amer, Waterworks

11-13/16

11-13/16

Anaconda "Copper

11-13/16

11-13/10

Atchison, T. & 8 Fe

11-11/18

11-11/16

T

"Aviation Corp.

Baldwin Lecomėtive

Baltimore & Ohio

Barber Asphalt Co.

Barnsdall Ol

Bendix Aviation

Bethlehem Steel-

Bliss & Co.

Boeing Airplane Co.-

Borg-Warner

Briggs Mfg.

Budd M'acturing Corp.

Canadian Pacific Riway

Case. JI

Chesapeake & Onio

Chrysler Corpa.

Columbia Cias & Flec,

20.00 19.49 20.00 20,00

Commercial Credit Co.

wich.

Close

9.60/60

Opening

831 82% 821 829 59 581 58% 562

10.00 Closing

Com,"& Southern (Ord) ...

up

Consolidated Edison

10.70

up .10 up

Consolidated (0

Continental Can

Change

(Continental Cl

9.55/68

9.58/58 9.54/54

9.50/52

$10 off

Copperwald Steel

January { T.. }

9.51 N

March

{ ) ...... 9.52/52

9.47b/49a 9.50/50...

9.49/49 9.43n

Curtis Wright (C)

.08 off

Curtiss Wright “A”

9.44/44

.08 of

Deere & Co. ....

May July

(...)

9.43/43

9.23/23

9.40/40 9.19/19

9.31/32

2.12

off

Distillers Corpn. Seagrams

9.11/11

12. of

· Douglas Aircraft

Spot

9.67 N

9.59n

108" off

Dy Pont de Nemours

Eagle Picher Lead

Eaton Mfg. Co.

Opened with sellers at 22.7/8. Later the market steadied slightly, finishing with sellers 2215/16 for near, buyers at 23.1/16. SHANGHAI DOLLARS

up

at

December January.. March May

20.00/00 19.90b 19,75b

19.63b

19.97b 20,00/00 unquoted. 19.90b 19.70b/85a 19.726 19.87/68

⚫ 19.59b

Elec, Autolite

unch.

Elec. Bond & Share

.03 off

Elec. Bond & Share $5 pt.

Elec Bond & Share $0 ̊pf.

04 off

Elec. Power & Light $7 pf.

Total sales-450 tona...

Fintkote

Gen. American Trans.

811/811

813/81 Wednesday's sales:-6,636,000 bushels.

821/827 811 81

+ up

Gen. Electric

up

Gen. Motors

Gen. Railway Signal

‚‹ Gen. Tire & Rabber

GHdden Co.

581/581 581/581 5817581 -501/591- 5917591 594/59

up

Goodrich (B)

up

Goodrich $5 pt.

Goodyear Tire & Co.

7010

701/701 70b

1 off

Great Northern Iron Ore -

Great Northern Riy, píd.

Great Western Bugar

10 up 10 up

Greyhound Corpn.

Hercules Powder Co

Homestake Mining

Int Nickel'

Inter. Paper & Power

Int. Tel & Tel.

London "

New York

Japan

India

Opening

0/3-9716

5-1/2

23-3/8

19-3/4

23-5/8

Kerepott Copper..

Lakey Foundry & Mac. ......... 34. Libbey-Owens-Ford Glass 424 Lockheed Aircraft

Business was done early in the | CHICAGO WHEAT

morning at 394 followed by tran- December .............. 821/821828/827 sactions at 393 and 390.1/2. The May market closed with sellers at 391.

SHANGHAI MARKET Opened with sellers of Sterling at 3.25/32 and closed at 3.53764. US Dollars opened with sellers at 5.7/8 and then receded to 5.27/32. At the close there were sellers at 5.7/8 for Spot.

Shanghai Exchange

Omcial T.T. Bates Shanghal, Oct. 12 (Reuter).

Hongkong

Sterling

Spot

Oct,

Nov.

Spot

Oct.

Nov

Sellers

Opening Closing 0/3-25/32 073-53/64 0/3-25/32 0/3-53/54 0/3-49/64 073-137T6 U.S. Dollars

$5-27/32 $5-27/32

5-27/32 5-27/32 5-13/16 5-13/16 Market:-Inclined to be easy.

Silver Duty Rate

The Central Bank of China's rate on London at 10a.m. today vas 1/2-1/2d.

The Equalisation rate was 24-1/4 per cent.

Calcutta Exchange

Calcutta, Oct. 12 (Reuter). TT. on Japan, 81-1/4.

India Rupee Paper

Bombay, Oct. 12 (Reuter), "Govt. 31% Rupee, 91-02-0.

LONDON METALS

EXCHANGE

London, Oct. 11(Reuter) Tin, Standard, Cash, Middle Price, £259-3/4/20/

Tin, Standard, 3 months, Middie Price, £201 1/8

-Market opened - firm, on fair United States overnight purchases at good prices, but reacted on eus tomary hedge sales.

CHICAGO CORN December May~

WINNIPEG WHEAT October

NEW YORK HIDES December March

10.50/80 10.60b/702 10.70/70 10.52b55a 10.55/55" 10.62/62 Total sales for the day:44 contracts. NY-Oicial Silver 34-3/4 NY-London Cross Rate 03-1/2

LONDON STOCK EXCHANGE

...‚(REUTER'S SERVICE)

London, Oct. 11. 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 transson.

War Loan, 34% (Red,

after 1952) Janton-Kloon Rly. 5% 6 Chinese 41% Gold Loan

1898 (Brit. Issue) 30

inese 5% Gold Bands, 1925-47

chin. 44% Anglo-French

Loan, 1908

Chinese 5% Orip Loan.

1912

Chinese 5% Reorg. Loan,

1913 (Ldn. I) Chinese 8% Ster, Notes,

1925 (Vickers)

Chin. Imperial Rly. 5%

Loan

34-3/4 4.03-1/2

SILVER MARKET

BOMBAY SILVER

Bombay, Oct. 12 (Reuter). Market-Quiet but steady. Off- take 50 bars.

Indian Mint Sliver Ready.

Chosen, Corporation Pekin Byndicate

High Low Close

Change

131.22 130.09 130,39 .15 off 28.44 28.56 28.60 .04 up 31.67 21.48 21.46 .00 up 89.32.01 of 63.93 .03 up

D. M. BIGGAR

Second Fies

Job

WANT ADS

INDO-CHINA

STEAM NAVIGATION COMPANY LTD.

Operating Services for Cargo and Passengers

SWATOW, SHANGHAI, TSINGTAU, CHEFŐO

LED TIENTSIN..........

KOKE and OSAKA

SINGAPORE PENANG and CALCUTTA

SANDAKAN

HAIPHONG

All steamera berth alongside.

the Roosevelt Terminal in the French Concession at

Shanghai, where passengers and cargo are landed.

"Reipling

Bangkal

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

Current Accounts opened in Local Currency and Fixed Deposits ceived for one year or aborter periods in Local and Foreign Cur tencies, on terms which will he quoted on application.

SAFE CEFOBIT BOXES TO LED

KAN TONG PO,

Chief Manager.

ول

BANK OF CHINA

Specially Chartered by: THE NATIONAL GOVERNMENT

OF CHINA AS AN A INTERNATIONAL EXCHANGE

BANK EN

PAID-UP CAPITAL $49,000,000,00 (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 to our Clients special facilities for Domestic and Foreign Banking and Exchange,

Head Office-SHANGHAT Hong Kong Branch QUEEN'S ROAD, C. South China Offices, CANTON

KONGMOON SWATOWE TOISHAN SHIUCHOWKING HOW

We also handle the issue of Bonds and other Publio Funds of the Chines Government both at Home end Abrond Shannon

SHOUACHEN.

DOW JONES AVERAGE

1940

Oct. 11, 1940.

62-12

Oct. 23 Settlement Nov, 26 Settlement

62-13

High Low Dow Jones Averages 15280 111,84 30 Industrials

32.67 92.15 20... · Bailu

Oct. 9,

130.54

22.56

02-14

26.42 18.03 20 Utilities

21.40

90.81 83.06 40 Bonds

69.93

$

102

(der. Stpd. Supi, Löan) · 8 Jap. 5% Ster. Loan, 1924, 17.... Ger, 7% Intl Loan, 1924 51 Chartered Bank

64.07 48.47 11 Commodity Index

· 53,00

Business Done:-380,000 sha

7

HK. & 8'hai Bank (Lân.

Reg.)

EK & Bhat Bank (Col.

Reg)

25

Chinese Eng. & Mining

(bearer

14/-

4/-

21-

S'hai Elec, Courts. Co. B'hai Waterworks "A" Union Insurance Gula Kalumpong Rubber B.-A. Tob. (bearer) Mercantile Bank ...

15/-

TO

· 13. 20

13/6/ 82/6

101

| Dunlop · Rubber. ...

30/-

Bristol Atroplane

9/7/

Imperial Chemical Ind. 27/6:

12

United Steel ...................................18/9/ Woolworths A 256/7

10

| Marsman Investmenta

Western Holdings

7/8

B/9

Sub-Nigel

157/6

Shell Trans & Trad

4bearer)

38/3

For further particulara

Nat Defence Bonds, 3% 101 London Midlands-Scot-

121

JARDINE MATHES

Honan Rly 5% Hukuang Rly 5%, 1911.

(LP. N/Y Issue). Hakuang Rly..5%. 1911

"German" Issue) '.... Lung Tying D. Hal

Rly.5% 1813 S'hai-N'King Bly. 5% 12

fiental-Pukow Fly, 5%

(Brit Btpd.) A Tientsin-Pukow Bly."

5% (German Stpd.). ...................... Tientsin-Pukow Rly 6% (Brit. Btpd.Supl, Loan) Tientain-Pukow Bly. 6%

tish 8% |Great Western: Rail-,

way 3% Nat Bank of Indis 397%

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

OCTOBER 13, 1940

On London:----

Telegraphic Transfer, 1/4 7/A Bank Bills, on-demand 1/3 7/9 Credits 4 months' sight 1/3 1/3

On Shanghai:-

On demand

380

On demand............... 59 3/4

On Singapore:

On Japan:-

On demand

On India:-

On New York:-

On Batavia:--

On demand

On Paris:--

1

PAYNE & & CO.

COMMODITY BROKERS STOCK EXCHANGE BUILDING

HONGKONG

COMMODITY MARKET REVIEW

(FROM PAYNE & CO.)

Telegraphic Transfer.

and demand.........

Bank Bills, on demand si 3/4 Credits, 60 days' sight 23 3/4

Bank Bills, on demand 1088 Credits 4 months' sight 1450

APR.-JUNE

The market was steady but quiet, LONDON RUBBER

SPOT

42 1/2

NOVEMBER

On Saigon:-

DECEMBER

On demand.......

99

JAN.-MAR.

On Manila:-

APRIL-JUNE

On demand

45 1/2

The market was idle.

On Bangkok:-

7

Bank Buying Rate

..

On demand

On Sterling Notes:-

Bar Silver per os

Market Report

FROM ROZÁ BROS.

Nom. 237718

Saturday, Oct.12---

The price for Ready Silver rose 1/18 yesterday to 23.7/16, but the Forward rate was unchanged at 23, 5/10. Silver advices reported the market as being quiet and feature fess, American Silver was quoted at 34.3/1 for Spot.

The London/New York croa rate was quoted at 2021/2. New York/London was quoted at 403,

1/2.

MARKET

NEW YORK COTTON: Limited buying by the Trade furnish de- mand which was offset by Southern selling, hedging and realíz- ing.

CHICAGO WHEAT: The strength of cash wheat is responsible for. the bullish factor today. The Government estimates the Spring crop at 236,000,000 bushels,

.."

NEW YORK STOČKS: Previous close, 130.54; Today's close, 130.39;

Change, off .15.

NEW YORK COMMODITY MARKET

(REUTER'S SERVICE)

New York Cotton, Dec. New York Rubber, Dec. Chicago Whest, Dec. Chicago Corn, Dec. New York Hides, Dec. NEW YORK -COTTON Oct. (New contract) December ( >

Prev. Today's

9.54 9.49 0.55 9.49 .06 of

Quiet.

STERLING

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

U. S. DOLLARS

10.70 10.80

Total sales Wednesday:-59,400 bales -NEW- --YORK-RUBBER

.06 aff

NEW YORK STOCK EXCHANGE

Celanese

STOCKS

QUOTATIONTM

(REUTER'S SERVICE)

OCTOBER 11, 1940.

16

MONDAY, OCTOBER 14,

BANKS

-1940.

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

-Authorised~ Capital $30,000,000-

INDIA, AUSTRALIA AND CHINA

Issued & Fally Paid-Up #90,000,000 Incorporated by Royal Charter,

Reserve Funds: Sterling

£6,500,000 Reserve Fund.....

Paid-Up Capital ............£3,000,000 H.K. Currency Reserve $10,000,000 Reserve Liability of Pro-

prietors......

Rangoon

£3,000,000

..£9,000,000

HEAD OFFICE: LONDON:

38, Bishopsgate E.0.2. Sup-Agencies In London: 117/19, Leadenhall Street, E.C.S West End Branch: 14/16, Cookspur Street, S.Wi Manchester Branch: 52, Mosley Street, Manchester,

AGENCIES AND BRANCHES"

PENANG

HARDIN HONG KONG MANGOO%.. ILOILO ПРОД

MARACHI

GALOUTTA KEANG

AGENCIES: KO

CLARK STARET KUALA FATELIN PLACE

CAWNPORI

COLOMBO DELEI

HAIPHONG

Francisco HAMBURG

Haiphong (Johore) Trentain

Paiping Yokohama

Penang

HANKOW

BALGOR

BERKURAN

SHANGHAI

SINGAPORN

BITLAWAN

SOURABAYA

LUMPUR

TAIPING

KUCHING

TIENTBAN

JONGEAE

(Bauket)

MADBAN MANILA

МЕГАЯ NEW YOR

PRIPING

(Peking)

·THINOTAO

TOKOHAMA

FORE.ON EXCHANGE and General Banking Business tranazotod.

CURRENT ACŒours opened 'sad' 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 Local Currency and Sterling with

CURRENT ACCOUNT" opened in interest sllowed at rates obtainabla LOCAL CURRENO and FIXED DEPOSITS | on", application! received for one year or shorter The Bank's Head Office in London periods in Local and other Cur-undertakes Executor and Trustes rencies, on term which will be business, and claims recovery of quoted on application

British Income Tax overpaid, og

Also up to date Sara DOSIT tarms which may be ascertained na Boxes in various sizes To Lar

any of the Agencies and Branches. Hong Kong 28th February, 1940,

R. A. CAMIDGE,

Manager.

HONGKONG 'SAVINGS

BANK

The Business of the above Bank 18 conducted by the HONGKONG A SHANGHAI BANKING OOR- PORATION. Rules may be obtain- ad on application.

For the HONGXONG & SHANGHAI

"BANKING" CORPORATION:*****

V. M. GRAYBURN,

Chief Manager. Hong Kong 25th Feb., 1939.

THE CHASE BANK

15. QUEEN'S ROAD, CENTRAL

HEAD OFFICE:

18, PINE STREET,

NEW YORK.

An American Bank offering com plete Foreign Banking Service

in the principal Markets of the world. Interest Rates sa Application.

|

BANK OF EAST ASIA, LIMITED

Anthorised Capital $10,000,000.00 Paid-Up Capital 5,508,600.00 Roserve" and Undivided

Profits

2,483,251.84

Head Office:-HONG KONG No. 10 Des Voeux Road, Central. Board of Directors:

SIR SHOPSON CEO, Chairman Li Koon Chan, Esz, « Li Lan Santy, Esq. P. K. Kwok, Esq., Wong Can Sos, Esq. Wang Tan Tong, Esq. Kan flor Fo. Baga Chai Peter Shoe Ba, May Phar wah Ba KAN TONG Po, Esq., Chief Manager Li Te Foss, Esa, Manager

Branches and Agencies:-

String

Karloos Poung

Loudes Manila

Bbgapore

1. Banguon Bombay's Balgan Bwa.bow Malboros Fran. Bydney

glaon Cachča

CONTEN

Last Sale

STOCKS

Last Sale

Oct, 10

51

Loew's Inc.

Oct. 10 25+

Reserve Liability of

Proprietors ..

$30,000,000

21"

Loft Incorperated.......... 201

33

Mack Truck Inc.

240

*82*

Martin, Glen L

311

99

McKesson & Robbins, pfd. 273

351

Montgomery Ward

401

11

M'tain City Copper Co.

3.

Head Office:-HONG KONG

Board of Directors: H. V. Wilkinion, Esq.,"

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

Deputy Chairman,

14"

National Aviation .....

104

147

Nat. Dairy Products

13

J. K. Bousfeld, Esq., A. H. Compton, Esq., ".

153"

National Distillers

211

Hou. Mr. S. H. Dodwell,

ALOR STÁR

National Lead

174

G. Miskin, Esq.,

AMEITAAR

114

Nat Power & Light

K. S. Morrison, Esq.,

BANGIOK 2

404

National Supply Corp.

51

Hon. Mr. T. E. Pearce,

134

New York Centaal

144

C. C. Roberts, Esq.,

»

BATAVIA BOMBAY

1621

Niagara Hudson Power

4

Hon. M. A L Shield

765

N. American Aviation “.....

16.

B+

North American Co.

181

Sir Vandeleur M. Grayburn,

Chief Manager.

22

Northern Partic

61.

CANTON

161 -

Owens-Illinois Glass Co.

581*

Branche:

4

Pacine, Gas & Elec

281

Amoy

Johore

101

Packard Motors

34

Bangkok

Kobe ►

Baigon

I

Pan-American Airways'

151

Batavia

Kowloon San

101

Paramount Pictures

71

Bombay

Kuala

8

Pennsylvanila RR.

221

Calcutta

Lumpur Shangbai

Canton

London

91

Philadelphia Read, Coal

**

Singapore

Chafoo

791.

Phillips Petroleum

351

Lyons Bourabaya

Colombo

Malacca

Sungei

142

Public Service of NJ,

93

Dairen

Manila

15)

Pullian Inc....

241

Foochow

Muar

Patani Swatow

18

Pure Oil

7"

201

Radio Corp, of Am.

47

Bankow

Mukden

41

Reading Company,

Com

141

Harbin

Tokyo New York Tsingtao

31

Remington Arms Ču, Me

****

Iloilo

531

Republic Aviation Corp.

51

-Ipoh---

281+

Republic Steel

174

401

Revere Corp. .......

104

771

Reynold Tobac, “B”

35

5+

Safeway Stores

421

301

Schenley Distillers

10

Sears Roetick

784

251

Shell Union Oll"

81

54

Socany-Vacunum Oll"

381

Southern Pacific

8

17+

Southern Rly $5 pfd.

21

191

spiger Manufacturing Co. 321

*73

Standard Brands

61

27

Stand Gas & Elec,

1**

191-

Standard Oil of California

16)

18

Standard Oil of NJ.

311

77)

Stone & Webster

8

170

Studebaker Com

81

Swift International ....?

177

32+

Technicolor

35-

Texas Corph.

-331

5

Texes Gulf Sulphur

"33.

841-

Timken-Axle .....

281

71}.

Trans-America. Co.

4

38j

20th Cent. Fox:

54.

157*

Union Bag & Paper Corp. 111

494

Union Carbide & Carbon 727

331

Union Pacific.

82

481

United Aircraft

384

141*

United Airlines Trans

177

114"

United Corpn

14

14-

United Corpn. $3 cum pr. 334

11.

United Gas Corpu

**

-561*

United Gas Improvement 114

15

147

U.B., Industrual Alcohol UB. Rubber

221

201

27

US. Rubber $8 pid,

74

Bateria

191

US. Smelting

811

101

U.B. Steel

584

SAFE DEPOSIT BOXES

Bombay Clokentin Halphong

77#

Vanadium

314

How Toric Seattle

Homokata

Parts

46

Vultee Aircraft

264

Walworth Co.

49

33

Warner Bros. Pict

21

21*

Westinghouse Elec, ..................

104.

This Bank is entirely owned by TRI CHASE NATIONAL Bark. Naw, York, with Basoxrom of ovej U.S.$2,000,000,000.

Kabw

291"

Woodward Iron Cor.

291

Chase National Bank National City Bank

292*

243*

212

NA

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