Alleghany Steel Co. Allied Storas
Allis Chalmers.
Aluminium Ltd.
Amer. Ou
American Crapamid B.
די
53 1/2
103 1/4
SINGAPORE RÜBBER
་་!, -་'
On India:
Telegraphic
Transfer.
and demand..............
89 1/R
On New York:-
SPOT APRIL-JUNE
JULY-SEPT
On Batavia:HAN
On demand
On Paris:
NEW YORK FEBRUARY 19, 1940. Previous February 19 Closing Opening Closing Buyers Buyers
Amer. & Foreign Power
Amer & Foteza #
Change
American Gas & Elec
Amer, Locomotive
38-1/2
38-5/8 38-3/4
up 1/4
Amer. Metals Co.
36-3/8
36-1/2 36-3/8
'Amer, Radiator
45 3/9
r.
Bank Bills, on demand 24 3/8
Credits, 60 days' sight 95
The market was quiet but steady. LONDON RUBBER
Previous close Today's close
34-7/8 95
Amex. Rolling Mill
Amer. 8ting and 2 Thy Co.
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
FEBRUARY 20, 1940
On London:-
Telegraphic Transfer: 13/18 Bank Bills, on demand 1/2 13/16- Credits 4 months' sight 1/3'1/8
On Shanghal
On demand
On Singapore:-
On demand
On Japan:-
Da demand
343
PAYNE & CQ.
COMMODITY · BROKERS STOCK EXCHANGE BUILDING HONGKONG
COMMODITY MARKET REVIEW
T
(FROM PAYNE & CO.)
NEW YORK STOCK EXCHANGE
STOCKS
Adams · Express
QUOTATION (REUTER'S SERVICE)
记
WEDNESDAY, FEBRUARY 21, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro
Head Office:~HONG KONG
Board of Directors: Hon. Mr. A. L Shields,
Chairman.
H. V. Wilkinson, Esq.,
Deputy Chairman.
38, Bishopsgate E...
Sau Agencles In London: 117/139, Leadenhall Street, Eda West End Branch: 14/16, Cockapur Street, 8.W.1. Manchester Branch: Mosley Street, Manchester;' 2.. AGENCIES AND BEANCHES: ALOR STAR AMBITUAR
HARBIN
HONG KONG - MANGOOS ILOILO ITOR
BANKING CORPORATION.
INDIA, AUSTRALIA
AND CHINA
Authorised Capital....... $80,000,000 Isaited & Fully Paid-Up 820,000,000 £400rpor
Incorporated by Royal Charter, 1808
FEB. 20, 1940
Last Sale
Feb. 19
Last Sale Feb 19
Reserve Funds
Sterling
Paid-Up Capital £6,500,000 Reserve Fund
3,000,000" £3,000,000
*71
Kennecott Copper Lakey Foundry & Mac. .....
JB..
Reserve Liability of
Proprietors
prietors .....
...$20,000,000:
..£3,000,00
HEAD OFFICE; LONDON:
87
Libbey-Owens-Ford
Glass 502
371
Lockheed Aircraft
-30
95*
Loew's Inc.
301
23}
Mack Trick Inc.
25
Martin, Glen L
41
It
McKesson & Robbins, pfd.
www
251
Monsanto Chémleri"
1001
341
Montgomery Ward
54
J.. K. Bousfield, Esq...
191
National Aviation.
121
A. H. Compton, Esq,
241*
Na Dairy Products
187
Hon. Mr. 8. H. Dodwell,
PINANG
Nat, Distillers
241
D. F. Landals, Esq..
15
National Gypsum
11
G. Miskin, Esq.,
501
National Lead........
201
K. B. Morrison, Esq.,
Hon. Mr. T. E. Pearce,
BANGKOK BATAVIA POMBAY
Amer, Sugar Reading
214
Nat Power & Light
71
Amer. Tel & Tel
1711
National Steel Corp.
682
C. C. Roberts, Esq.,
CAZAUSTA
Bufert
Buyers'
Change
Amer. Tobacco "B".
BOL
National Supply Corp.
87
13 on
Bank Bills, on demand 1085-
Credits 4 months' sight 1140
On Saigon:--
SPOT
13-1/4*.
up 1/4
Amer. Waterworks
'93
New York Central
18
On demand
On Manila:-
On demand
On Bangkok:-
On demand
On Sterling Notes:-
Bar Silver per os.
APRIL
MAT
-****ན་ཕན
108 1/4
'JULY-SEPT.
OCT,-DEC.
48 3/4
..... 150 1/4
1241/2...
12-11/16
up 3/16
Anaconda Copper
291
Niagara Hudson Power
51
Branches:
11-15/16
11-1/4 11
12-3/18 11-5/18 11-1/18
up 1/4
Atchison, T. & 8. TC.
231
N. American Aviation
242
up 1/18
Auburn' Motors
14
North American Co......
22
Amoy Ipoh
Penang
up 1/18
Baltimore & Ohio
Bangkok
Johore
31
Northern Pacific
Rangoon
Batavia Kobe
Safgoh
"Bir Vandeleur M. Graybura,
Chief Magaper.
Clara'BrisaT
PASI PACK KUALA
JANITOR
DAWNFORM
LUMPUR KUCHING
MADHAB MANILA
MEDAN
TIENTSIN TONGKA
(Bhuket)
MINGTAO
YOKOHAMA
BAIGON
SUREMBAN
KARADE? ILANG
SHANGHAI
SINGAPORE
JODE: KORI
SITIAWAN
SODRAMATA TAIPING
COLOMBO
[DELHT"
"
U.S. Dollars Sellers at 24.1/2 February and 247/18 March, buyers at 24.9/18 Cash and a possible buyers at 24" 1/2 March.
Close 11.03/03
Bank Buying Rate
Market Report
1/31/16 90 3/4
FROM BOZA BRON. Sliver prices were unchanged yesterday, "the quotations remain- ing at 20.374 for Ready and 20. 11/16 for Forward, Silver advices reported the market asbelne steady but qulet, American Silver was quoted "at 34.3/4 for Spot.
The London/New York cross- rate was quoted at 402.1/2. "New York/London was quoted at 395.
Quiet.
Market
Sterling There were sellers at 1/27/8. Feb.-June, buyers at 1/2.29/32
Cash
After ruling steady, the market became firm for near positions on trade demand and scarcity of trade demand and scarcity of sel- lers. The market "closed" quiet. *****
NEW YORK COTTON; Spot house selling and scattered March quidation was largely absorbed by rade demand. Outside Inter- est was lacking. The recent phenomenally cold weather conditions in the South is expected to remove any menace from the boli weeyil.
NEW YORK RUBBER: Business today largely consisted dealer hedging against shipment purchases and the market is ap parently awaiting for the decision of the LR.R.C. meeting which is be held today.
+
CHICAGO WHEAT: Lower foreign cable and further snow in the South-West were responsible for the early easiness, which met with good class buying. Exports today were quiet
NEW YORK STOCKS: Previous close, 148.72; Today's close, 14848: Change of 28.
NEW YORK COMMODITY MARKET (REUTER'S SERVICE)
New York Cotton, Mar. New York Rubber, Mar. Chicago Wheat, May Chicago Cotn, May New York Hides, Mar, NEW YORK COTTON March
Prev. Today's
High Low Close Close Change 11.04 10.96 11.03 11.09 unch 19.12 19.00 19.09 19.00 .09 off
103 1011 1021 1021
57+ 561 50+ 56 up 14.28 14.95 14.07 14.20N 13 up
Bendit” Aviation
Bethlehem "steel. Bllas & Co Boeing Airplane Co
Borg-Warner
Bridgeport Brass Corp. Briggs Mfg.
Сале, У.І.
Continental Can
Barber Asphalt Co. Barnsdal On
EUPHONG
NEW YORK
of
Brooklyn-M'hattan Trans.
Brooklyn-Manhattan $8....
Canadian Pacific 'way
Celanese
Chesapeake & Ohio Chrysler Corpa... .............
Climax-Molybdenum 'Co. Colts Patent Fires
Columbia Gas & Elec. ......
Columbia 8% “A” pf.
Commercial Credit Co.
Com; & Southern (Ord.)
Consolidated. Edison
Consolidated Of
Continental Oil
Copperweld Steel
Com' Products Curtiss Wright (C.)
Curtiss Wight "A"
Opening
Closing
Deere & Co.
11.00/00
11.03/03
Change unch.
Distillers Corpn. SeagramS
May
10.78/78
10.75/75
10.77/77 .01 of
Douglas Airdraft
July
10.38/38
10.35/33
10.36/36
,02 of
Du Pont de Nemours ......
(
"
July (New contract)... 10.53 N October December ( January Spot
10.49/49
10.50 N
03 on
Eagle Ficher Lead
9.74/74
9.71/70
9.73/73
.0% off
Faton Mig Co
}
9.64/64
9.58b/60a.
9.02/02
02 of
es Autolite
March
May July
September
Saturday's sales:~34,506,000 bushels.
Shanghai Dollars
At the opening there were sel- lers at 348. Subsequently the rate rose to 352 and at the close there were sellers at 350. buyers bidding 351.
Shanghai Market
Sellers for Sterling were quoted at 47/32 for Spot at the opening. Later the rate rose to 4.1/4 and as the close sellers were quoted again at 47/32 "for Spot US. Dollars opened with sellers at 6.15/16 for Spot. Bubsequently the rate rose to 7 and at the close there were sellers at 8.15/16 - för Spot;
Total sales Saturday's 28,000 bales.
First Notice Day for March Cotton-27/2-Last Notice Day-15/3 Flak Rubber NEW YORK RUBBER
May July September December
Total sales: 840 tons.
First Notice Day for March Rubber-28/2-Last Trading Day-27/3 Goodrich $5 pf." CHICAGO WHEAT
Mec. Bond & Share
9.62/62
9,54b/58a
9.58 N
11.18 N
א' 11.18
.04. off unch.
Elec, Bond & Share $5 pf.
Bec, Bond & Share 8 pt.
Elec. Fower & Light $7 pt.
Fatkote
19.09/09 18.56b/59a 18.256/30
19.12/12 19.00/00. 18.60b/63a 18.55/55
09 of
Gen. American Trana."
01 off
Gen. Mlectric
18.02 N 17.85 B
18.35798"~ 18.17/17
18.30/31 18,05 N
05 up
Gen. Motors
Gen. Railway Signal
03. up
17.90 N
5 up
den. Tire & Rubber
clidden Co.
Goodrich (BF.)
Goodyear Tire & Co.
1027/103 1004/1003
100/100
1021/102 1097/100
1024/1021 1001/1001 100+/1004
off
Great. Northern Iron Ore ..
i up + up
Great Northern, Rly, pić,
Great Westeri Bugar
Greyhound Corpn.
Hercules Powder Co.
CHICAGO CORN
Homestake Mining
May
Shanghai Exchange
Shanghal, Feb. 20 (Reuter).
July
September
581/581 571 A 574/578
581/561
56256/2 57/57 571/572
+ up
International Harvester
of
་་
WINNIPEG WHEAT
Official T.T. Rates
May
881/881
*871/871
July
891/891
London
014
October
901 B
88 B 89/801 901/901.
off.
off
New York
6-9/16
Japan
27-7/8
NEW YORK HIDES“
India
22-1/8
March
14.07/08
Paris
2.99"
June
14.37/37
Hongkonk
Sellers
Spot
Opening 0/4-7/32 0/4-3/16
Closing
25/3/40.
Feb.
0/4-13/04 0/4-11/84
New York Oficial
Mar.
23-3/4
September............... 14.65/65
14.10/05. 14.20 N 14.50/43 14.50/50 14.74/72 14.80 'N
3 up
1939
13 up Is up
15602 181.1 20. Inciuäorials
First notice day for March hides:-26/2/40 last trading day-
NY-London Cross Rate 3.95-7/8
38.00 211490 Halls
$7.70 30.70, 40 Utilit
93.23 84.51 40 Bonds
unquoted
34-3/4 3.05-1/4
0/4-5/32 0/4-1/8
IL.E. Dollars
$8-15/16 $6-7/8
Spot Feb. 6-29/32 Mar. 6-13/18
Market:-Quiet.
Merchant Rates
Sterling. 0/4-5/32. US Dollars, $6-13/16
-8-3/4
Silver Duty Rate
LONDON METALS
EXCHANGE London, Feb, 18 (Reuter). buyers
INDO-CHINA
STEAM
NAVIGATION COMPANY TI
Operating Bervices for Cargo and Passengers
TIN
Standard, Cash 242 ·· Standard.
2 242-174
242-1/4
TÓ
months 242
Betment Price 242-1/4
The Central Bank of China's Standard, DL?
rate on London at 10 autostay
was 1/2-1/2d.
The Equalisation rate was "g" per cent.
New York Exchange
New York, Feb 19 (Reuter). T.T. on London (Opening Rate),
LUNDON GOLD
London, Feb. 19 (Router) Bar Gold, Fine per or, 168.
Straits
-287-1/4
SILVER MARKET
LONDON SILYER ....... London, Feb, 19 (Reuter).
·Saver. Very small general bust- ness Market, quietly steady. In the afternoon, the market was idle.
Spot, 20-3/4d. Forward," 20-11/16d..
NEW YORK BILVER
New York Feb 10 (Renter).
Silver. Oficial. 34-3/4
SWATOW SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN 95
KOBE and OSAKA
SINGAPORE, PENANG sad CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal in the French Concession at. Shanghai, where passengers and cargo are landed:
For further particulars" please apply to all ag
ARDINE TALEITOTTAKOZIE
Foochow Manila.. Patani
Haiphong Muar
Hamburg (Johore) Tientsin Bankow Mukdeu Harbin New York Tsingtao
PIPING
(Peking)
FORSIGN BIChange and General Banking Business" transacted. **
CURRENT ACCOUNTS' opened and FIXED DEPOSITs received for One Year or shorter periods is Local or Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNTs also opened in Local Currency and Sterling with QUEBENT ACCOURT opened in interest allowed at rates obtainable LOCAL CURRENCY and Fixed Barbaron application. received for one year or hotter The Bank's Head Office in London periods in Local and other Car undertakes Executor and Trustee rencies on terms which will be business, and claims recovery of quoted on application.
|British Income Tar overpaid, on
Atso up to date Sars DEPOSIT terms which may be ascertained "at Boxs in various sizes To Lar any of the Agencies and Branches. Hong Kong 11th January, 1940
R. A. CAMIDGE,
Manager,
HÔNGKONG SAVINGS
BANK
The Business of the shove Bank'
is conducted by the HONGKUNG, & SHANGHAI BANKING COR PORATION. Rules may be obtain-1 ed on application.
For the HonarONG & SHANGHAI
BANKING CORPORATION.****
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb.. 1988.
BANK OF EAST ASIA, LIMITED
Authorised Capital......$10,000,000.00 Paid-Up Capital 5,698,800.00 Beberge and Undivided
Profita
2,683,939.01
Head Office:HONG KONG No. 10 Des Voeux Road, Central,
Board of Directors:
Bir Shopson Chow, “Chairman Li Koon Chan, Esq. Li Lan Sang, Esq. F. K. Kwok, Big,” Wong Chu Son, Req
Wong Tum Tang, Esq. Kan Ying Po, Mag. Chan Uking Bank, Köq. Fang Fang Wal ̈Eaq,
Kan Tong Pp, Mag, Chief Manager.
Branches and Agencies :—
Bingapore Вокинути
Jalostia Malbouch "ha Fran- Bydney
Haiphong
Hankom
Kobe ***
Every description of Banking and. Exchange business transseted. Lowas granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposits ru ceived for one year or shorter periods in Local and Foreign Cur- rencies on terms which will be quoted on application. *
Sale Derouit Boxes To Lar."
KAN TONG PO,
Chal Manager
THE KWANGTUNG PROVINCIAL
(Inoneporrfilă în (bion)
General Banking falised (keit/Winancial Agente te
? - The Erovincial Dorkrument of Ewazyt
Hand Offon Baghwani Kwangiang Provinos - Hong Kong Branch-Unam's Bldg, 3 Chater 20,
Telephones:
20112, 20113, 20143, 20181, 81881.
THROUGHOUT
SOUTH CHINA ondentă la "Koy Tolk and London
Paid Up Capital 2001. N$10,000,000. Reserve Capital ...> N$10,599,050,
THE CHASE BANK
QUEEN'S ROAD, CENTRAL
·HEAD OFFICE:
18, PINE STREET,
'NEW YORK. 'An American Bank offering com- plete Foreign Banking Bervice in the principal Markets of the world.
Interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank is entire)~ owned by CHASE NATKAL BARK, NEW YORK, with Besoures of orm U.8.$3,800,000,000,
"D. M. BIGGAR,
seand Fios Pra
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
PAID-UP CAPITAL 840,000,000.00 (BRANCHES ALL OVER ÜHINA)
Owing to our humerous Branches (in) Uhina" and connectalis“, in"""the principal" Commerylal Egutres of the World, we are able to extend to pur Clients special facilities LAT Domestic and Foreign Banking sup Kichango.
Head Office:-BHANGHAI
Hong Kong Branch:
4, QUEEN'S ROAD, 0. -South China Offices.
ANTON" SWATOW SHIUCHOW
KONGMOON
KINGCHOW
We also handle the imite of Bon and other Public Funds of Chimes Government both at Home and Abroad TEKENT
BHOU I. CHEN,"
THE MERCANTILE BANK OP INDIA, LIMITED
Head Office:-B. dri
Londo
Rubenribed. Capital
Paid-up Capital”
Baterie, Fund and
The Bank of England shal-Mat
AUTANG MANLY, MEN
Hongkong “Manager.
Bombay
Kanday
Dalhi
Hongkong
TONG LON
TRUSTEE AND E
WANT
Currency, 82EE
ENERA
JAGERS
Owens-Plinois Glass Co.
Bombay
Kowloon
San
111
Pacific Gas & Elec
Calcutta.
Kuala
Francisco
HAMBURG AKÓW
31
Facific Lighting
Canton Lompur Shanghai,
78
Packard Motors
Chefoo
London
131
Paramount Pictures
Colombo
Lyons
231
Pennsylvania RR
Dairen Malacoa
Slogapore Sourabaya. Sungel
23
Phelps-Dodge
Swatow
111
Phillips Petroleum
201
Pittsburg Cake
Iron...
191
Public Service of NJ.
41+
B1+
Pullman Inc,
273
Peiping
Tokyo
Yokohama
5
Pure Oil
#81*
Radio Corpn. of Am.
291
Reading Company,
Com"-16
404
Reading Company. 1st pfd 2017
851
Remington Arms Co., Inc.
.38)
Republic, Aviation Corp. ...
ग
"TO"
[Republic Steel
201
Revere Cop. & Brass Inc. ..
134
88
Reynold Tobac. "B"
40%
461
Richfeld Ol
7
11
Safeway Stores
191
32
Schenley Distillers
Bears Roebuck
837
47
Shell Union Ou
· 114
241
Soceny-Vacunun. Oll
151
Southern Pacific
131
641
Southern Rly $5 pfd.
103
Spérrý“ “..........Ä..
451
291
Spicer Manufacturing Co. 31
21#
Standard Brands
71.
10
Stand Gas & Elec.
2
821
Standard "ol of California
241.
1847
Standard Oil of NJ, A
444
107
Stone & Webster.
FOX
31
Studebaker Com
111
321
Swift International
31年
27t
|Technicolor
152
511
Texas Corpn.
44
651*
Texes Gulf Sulphur
344
291*
Timken-Axle
22
151
Trans-America Co.
81
197
20th Cent. Fox
124
55)
20th Cent. Fox. $1ị Df. ........
231*
381
Union Carbide & Carbon
844
63
Union Pacide
934
164*
United Aircraft
471"
211**
United Airlines Trans
161
177
United Corpo.
22
183
United Corn: $3 cum pf. 41
641*
United Gas Corpn. 24United Gas. Improvement
14
141
137
US., Industrual Alcohol
211
231
US. Rubber
374
27*
US. Rubber $8 pfd.
1124
161
is steel.
ba
891
Vanadium
.331
601
600)
Walworth Co.
54
Bat
London Rangoon
551.
Int Nickel ...... tup Int. Tel, & Tel
Johzis-Manville
off J. & Laughlin Steel $7 pid. 601*
Chase National Bank National City Bank
Warner Bros. Pict.
M
#
371
Westinghouse Tec.
1131
4
Woodward Iron Co
241
Howolało
717
kibid.
DOW JONES AVERAGE
Feb 20, 1940
High Low Dow Jones Averages Feb. 17,
148.79 30 94 $94.00 89.31
YUSB FATEN TAKITA
05.67 45.59 11 Commodity Index 59,58
High Low Close Chango 26 of 31.03 30.85 30.20 95.08 1434 9456563 68 89.17 15 off Brine Dope 30,000 shares