(KEUTER'S SERVICE)
MAY 10, 1940. STOCKS
Last Sale:
MAY 16, 1948. STOCKS
May 15
Last Sale May15
Adams Express
... 51.
Alleghany Steel Co.
201
J.'& Laughlin Steel #7 píd. Ketinepott Copper ........
481
321
Allied Stores
6
Laxey Foundry & Mac. ....
23
Allis Chairpers.
281
| Libbey-Owens-Ford Glasa
371
Aluminium Ltd.
****
Lockheed Aircraft
£
331
Amer. Can
1031
Loew's Inc. ....
26
American Cyanamid B.
31
Loft Incorperated
237
War Loan, $$% (Red
after 1952)
98
Amer. & Foreign Power
1
Mack Truck Inc.
194
Canton-K"loon Rly. 5%
12
Amer & Foreign $7 pl.
Martin, Glen L..
38
Chinese 4% Gold Loan
New York, May 15, 1940.
SİNGAPORE KUBBER
American Gas & Elec, f...
104
McKesson & Robbins, pia.
221.
1998 (Brit. Issue)......
50
Amer. Locomotive
13
Monsanto Chemical......
100)
Chinese 5% Gold Bonds,
SPOT
Amer. Metals Co......
17
Montgomery Ward
30%
1925-47.....
ག 1 ད ག ཉེསཔའ
48
JULY-SEPT.
Amer. Radiator
日
National Aviation
113
Chin. 41% Anglo-French
OCT.-DEC.
Amer. Rolling Mill
101
Nat, Dairy Products
14
Loan, 1908
49
Amer. 6'ting and Ring Co. 401
Nat Distillers
211
Chinese 5% Crisp Loan,
Aher, Sugar Reining
151
National Gypsum
7
1912.
20
Amer: Tel, & Tel
135!
National Lend
184
Chinese 5% Reorg Loan.
SPOT
After, Tobacco "B"
79
Nat, Power & Light
07
1913 Lan. Is.)......
30
JUNE
Amere Waterwerks
7.
National Steel Corp.
561
Chinese 8% Ster. Notes.
JULY-SEPT.
Abacorida Copper
241
National Supply Corp.
81
1925 (Vickers)
OCT.-DEC.
Atchison, T. & 8 Fe
173
New York Central
113
Chin. Imperial Rly. 5%%%
JAN.-MARCH
Loan'
60
Auburn Motors
Niagara Hudson. Power
#1
Aviation Corp...
51
N. American Aviation ....
174
Honan Riy. 5%
12
Bacock & Wilcox
Baldwin Lecometive
221
North American Co.
18
Hukuang Rly. 6%, 1911...
16
161
Northern Pacific
54
Bukuang Rly. 5% 1911
German Issue)
13
Baltimore & Ohio
31.
Owens-linols (Haas Co.
534
Barber Asphalt Co.
10%
Pacific Gas & Diec
281
Lung Tsing. Hal
Rly. 5% 1913
11
Barnsdal Oil
4
Pacific Lighting
39:1
| S'hai-N'King - Rly: 6%
17
Bell Aircraft Corp.
203.
Packard Motors
21
*
Tentain-Pukow Rly. 5%
Bendix Aviation
291
Pan-American Airways
17
(Brit. Stpd.)
11
Bethlehem Steel
80
Paramount Pictures
5
Tientsin-Pukow Rly. 50%
Bliss & Co...
171
Pennsylvania RR
177
(German Stpd.)
11
Boeing Airplane Co.
193
Phelps-Dodge
345
Tientsin-Pukow Rly. 5%
Borg-Warner
103
Philadelphia Read. Coal
+
"Bridgeport Brass Corp.
#1
Phillips Petroleum
· 331"
· (Brit. Stpd. Bupl. Loun); · 11 Tientsin-Pukow Rly. 5%
PACE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
NEW YORK STOCK EXCHANGE
QUOTATION
ג
LONDON STOCK · EXCHANGE
(REUTER'S SERVICE)
* London, May 15.
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.
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO)
i
GM FRIDAY, MAY 17, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION-
Authorised Capital..... $60,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up 880,000,000 Incorporated by Royal Charter, 1859
Reserve Funds:
Paid-up Capital £6,500,000 Reserve Fund
Sterling?
.............£3,000,000 £3,000,000 H.K. Currency Reserve $10,000,000 Reserve Liability of Pro-"
Reserve Liability of
Proprietors
$10,000,000
Head Office:-HONG KONG
Board of Direétőre: « K. V. Wilkinson, Esq.
· Clairman. Hoa. Mr. J. J. Paterson,
Deputy Chairman,
J. K. Bousfeld, Esq., A. H. Compton, Es, Hon. Mr. S. H. Dodwell, G. Miskin, Esq.,
K. S. Morrisos, Esq.,
T. E. Pearce, Esq.,
C. C. Boberta, Esq.
Hon. Mr. A. L Shield, Bir Vandeleur M. Grayburn,
prietors
£3,000,000 -
HEAD OFFICE: LONDON:
38, Bishopsgate E.C.S.
Sub-Agencles In London;
117/192, Leadenhall Street, E.0.2. West End Branch: 14/16, Cookspur Street, S.W.1 Manchester Branch: 52, Mosley Street, Manchester, 2
"
AGENCIES AND BRANCHES:
PENANG
HONG KONG BANGODS IZOZLA IPOR
| ALOE STAND HAKNIN
AMRITHAB BANGKOK MATAVIA, BOMBAY
CALOUTTA..
INGIKS: KOBI
Chief Manager. DATE STAT
SAIGON
SEREMBAN
KARAGEI ELANG
SHANGHAI
SINGAPOR
SITIAWAN
FAMIN PLACE KUALA
NOURABAYA
CANTON
LUMPUR
TAIPING
Branches: Jobors Kobe Kowloon
CAWKPORD
KDORING
TIENTSIN
Rangoon Saigon Ban.
chau
COLOMBO
DELI
MADHAR MANILA
TONGEAN
(Bhuket)
MEDAN
TSINGTAO
Francisco HAIPHÒNG
NEW YORK
JOKOHAMA
Lumpur
Shanghai
HAMBURG
Canton London Chafoo Lyons
Colombo
Malacca, Bungef
Dairen Manila
Foochow
Muar
Swatow
Bankow
Harbin
·Iloilo Ipoh
Previous May 15 Closing Opening Closing Change
Bayers Buyers
38-5/8 38-7/8 38-7/8 up 1/4 37-1/8 37-1/2 .37-1/2 up 3/8 38 cts. 36-1/4 36-1/4 up 1/4
The market was slightly easier after ruling steady.
LONDON RUBBER
Previous close Today's close
buyers
buyers
Change
11-15/16
11-7/8
off 1/18:
11-15/18
11-7/8
of 1/16
12-1/16
11-15/16
off 1/8
11-15/16
11-13/16
off 1/8
11-3/4
11-11/16
of 1/16
"
Briggs Mig.
17
Pittsburg Coke & Iron
84
Brooklyn-M'hattan Trans.
201
Public Service of N.J.
354
Brooklyn-Manhattan $8....
107*
(Ger. Stpd. Supl. Loan). 11 Jap. 5% 8ter. Loan, 1907 36
ཌ་ཨྰཿ
Pullman Inc.
194
Jap. 6% Ster. Loan, 1924
43}
Budd M'facturing, Corp.
31
Pure Oil
B1
Canadian Paolfic R'way
$..
| Radio Corpn. of Am,
5
Case, J.I.
31
Reading Company, Com
117
Ger, 7% Intl. Loan, 1924 € Chartered Bank..... H,K. & Shal Bank (Ldn.
OF
Celanese
481
Remington Arias Co., Inc.
44
Reg.)
M
Chesapeake & Ohlo
341
| Republic Aviation Corp. ...
4
H.K. & Shai Bank (Col.
Chrysler Corpn.
681
Republic Steel
181
Reg)
281
Climax-Molybdenum Co. -
304
Revere Cop.-de Brass Inc.
Chinese Eng. & Mining
Colts Patent Fire-Arma
80
Reynold Tubac. "B"
39,
(bearer)
19
Columibla Gas & Elec,
41
Richfeld Ou
61
Chosen Corporation.....
6/8
Columbia 6%, "A" DI.
·832
Safeway Stores
391
1
Pekin Syndicate
2
Commercial Credit Co...
351
Schenley Distillers.
10
S'hal Elec. Constr. Co. :..
15
New York Cotton, July New York Rubber, July Chicago Wheat, Sept. Chicago, Cor, Sept
Com, & Bouthern (@rd.)«.
11.
Bears Roebuck
701
Consolidated Extson
201
Shell Union of
量
S'hai Waterworks "A" 15 Union Insurance
23
Consolidated Oll
· 61 ·
Socony-Vacunum. Oll
New York Hides, June
NEW YORK COTTON
Qula Kalumpong Rubber 17/6
Continental Can
M71
Southern Pacific
81
Allied Ironfounders .......
13/9
May
Continental Ot
201
Southern Rly $5 pfd.
181
Asso. Elec. Indústries
39
July
Opperveld Steel
191
8perty
392
Austin Matori, ord.
15
July (New contract)
Corn Products
45
Spicer Manufacturing Co.
28
Cable & Wireless, New
October π
Curtiss Wright (C)
Standard Brands
5.་་
Form, ord:
51
December { }
Curtiss Wright "A"
25+
Stand. Cás & Elec,
B-A, Tob; (bearer)
95
January {
الا...
18
Déért & Co.
Standard Qll of California
201
Mercantile Bank
12
March
Distillers Corpn. Seagrams
15+
Standard Ol' of N.J.
374
Cammell Laird, ord.
6/44
Spot
Douglas Aircraft
83
Stone & Webster
71
Mexican Eagle
5/3
Du Pont de Nemours
107
Studebaker Com
Courtaulda .......
35
Eagle Picher Lead
83
Swift International
234
Distillers ....
62/9
Eaton Mfg. Co.
213
Technicolor
114
Dunlop Rubber
32/9
Elec. Autolite
324
Texas Corpn.
401
NEW YORK RUBBER
Gen. Mectric (England) "79-
Elec. Bond & Share
43
Texes Gulf Sulphur
来
Guinness (A) Són & Co.
16
May
Elec. Bond & Share $5 pf.
523.
Timken-Axle
217
Hawker Siddeley Aire. ...
11/74
July
Elec Bond & Share $8 pt.
63
Trans-America Co.
5.
Bristol Aeroplane
13/8
September
Elec, Power & Light 57 pt.
251
20th Cent. Fox,
.31
triperial Chemical Ind.
30/8
December
12
Fisk Rubber
20th Cent. Fox. $1Į pr.
18
Imperial Tobacco
105
January
Fitntkote
144
Union Bag & Paper Corp.
134
Marks & Sp'cer "A" ord. 37/6
Gen. American Trans.
451
Union Carbide & Carbon
73@
Rolls Royce
83/14
Gen. Electric
321
Union Pacific
BA
Leyland Motors,
69/41
Total sales:-4,310 tons. CHICAGO WHEAT --
Gan. Motors
4371
United Aircraft
·407
Tate & Lyle
50/7)
Cen. Railway Signal
101
United Airlines Transando
17
Turner & Newall
64/6
May
Gen. Tire & Rubber
13)
July
United Corpn.
United Steel
22/11
Glidden Co.
13
United Corpn. $3 cum pf. 324
Smethwick Drop Forg....
13/9
September
Goodrich (B.F.)
121
United Gas Corpn.
11
Armstrong Stevens, ord:
1
Goodrich $5 pf.
52
United Gas Improvement
11
Pressed Steel, com.
....
19
Goodyear Tire & Co......
18
U.S.. Industrual Alcohol.
211
Vickers, ord.
16/3
Great Northern Iron Ore
12+
U.S. Rubber
222
Woolworths
56
May.
Great Northern Rly, pfd.
221
US., Rubber $a pfd.
87
Anglo-Dutch
20/3
July
Great Western Bugar
23
UB. Steel
63
Rub, Plant. Invest. Trust 26/9
September
Greyhound Corpn.
114
Vanadium
354
Burma Corporation
8/8.
Hercules Powder Co.
.871
Vultee Aircraft
71
Commonwealth
Mining
WINNIPEG WHEAT
Homestake Mining
501
Walworth Co
31
Marsman Investmenta
International Harvester
481
Warner Bros. Pict.
21
Randfontein Estates.....
Int -Nickel
241
Westinghouse Elec
973
Western Holdings un
13/8 40 10/14-
May July
October
Inter. Paper & Power
- 151
Woodward: Iron Cor.
23+
Sub-Nigel......
Int, Tel. & Tel
21
Chase Natiorial Bank
304*
Tanami Gold Mining
195 4ld
Johns Manville
54
National City Bank
254*
Anglo-Iranian
48/11\
Burmalı
65
NEW YORK HIDES
"June
September
---bid.
"ex, div.
Ebell Trana, Z Trid.
December
81/3
1039/40
150.9 21.41 30 Industrials
DOW JONES AVERAGE
High Low Dow Jones Averages. May. 14, High Low Close
New York Onželal .............. 34-3/4 NY-London Cross Rate 3.20-1/4
May 16, 1940.
Change
19×27
25.90 24.14 20 Raila
97.70 2070 to Utilities--
32 298461 40 Bonds
65.87 45.50 11 Commodity Index
28.33 9090 80.90 88.76
131.17 125.78 129.00 26.63 28.23 25 89 21.2.20.30.20.6603..off 85.55 .44 off 55.97 2.81 off Business-Done-3,770,000 shares
sz up
TIN
RESERVE BANK OF INDIA STATEMENT
Calcutta, May 15 (Reuter).
May 1 May 8
Notes in circulation (including Notes
SILVER MARKET
LONDON SILVER
(bearer) --Nominal
LONDON METALS
EXCHANGE --
London, May 15 (Router)."
buyers sellers
£ Standard, Cash 261-1/4 261-1/2 Standard,
3 months 258-1/4 258-3/4 Standard.
Set/ment Price 261-1/4
'London, May 15 (Renter): Bliver Small general demand found very restricted offerings.. business slightly larger, Market Straits. steady, In. the afternoon, the
buyers at the rate bist nothing was
Ing Department)... 25,178 25,370 market was steady, with small
held in the Bank-
Rupee Coin and Bul
Gold Coin and Byl-
tion to India 5,250 5,133 offered,
4.154
lion in India Securities (Indian
Government) Becurities British
Government)
4.15-1
3.836 3,845
Spot, 23-1/16d. Forward, 22-15/16d.
BOMBAY SILVER
Bombay, May 15 KReuter), 11,850 11,850 Market-Firm. "Offtake 200 bars.
LONDON GOLD
.London, May 15 (Reuter), Bar Gold, Fine per ox, 168.
Indian Mint Silver
63-13
64-00
Ready June. 3 Settlement......63-13 Judy 2 Bettlement
281-1/2 to 286-1/2)
MORE BRITISH IMPORTS
JI
LONDON, May 18 (Reuter) Eritain's overseas trade imports for April amount, to £109,988, 119, the highest since October 1929.
Exports amount to £48,299,823, the highest since July 1930.
Re-exports amounted to 2443,-
'After ruling firm, the market eased on outside liquidation and lower United States closing.
NEW YORK COTTON:' Continued heavy foreign and specula- tive liquidation was steadily absorbed by the Trade. Liquidation is believed to have run its course and the market has improved technically...
NEW YORK RUBBER: Reports of a possible understanding" between the NEL and the US. Government with regard "to ship- ping facilities discouraged long holders and curtailed support,
CHICAGO' WHEAT: Recent selling and liquidation materially de- Improved the market technically. Selling is expected to be minishing as present prices are near to the loan levels. The har- ket is easly Infuenced by any buying orders.
NEW YORK STOCKS: 129.09: Change, up .82.
Previous close, 128.27; Today's close,
NEW YORK COMMODITY MARKET (REUTER'S SERVICE)
High Low Close Close Change
Frey. Today's.
9,54 9.30 .24 off 22.40 22.28
96a 36
62% 591
Bangkok Batavia Bombay Kuala Calcutta
Singapore HANKOW Sourabaya
Patani
Haiphong (Johor) Tientsin
Mukden Tokyo New York Tsingtao Peiping Yokohama Penang
PRIPINO
(Peking)
FOREIGN EXCHANGE and General Banking Business transacted,
CoinksT Acc0væis opened" and FIXED DEPORita 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 interest allowed at rates obtainable. on application.
The Bank's Head Office in London
CURRENT ACCOUNTS opened in LOCAL CURRENCY and Fix DroSITS received for one year or shorter periods in Local and other Cur- rencies on terms which will be undertakes Executor and Trustee business, and claims recovery of quoted on application.
British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.
B. A. CAMIDGE,
Manager.
A180 up to date SATE DEPOSIT
Roxts in various sizes To Ea Hong Kong. 28th February, 1940.
-HONGKONG – SAVINGS
BANK
THE CHASE BANK
HEAD OFFICE:
The Business of the above Bank 15, QUEEN'S ROAD, CENTRAL is conducted by the HONGKONG SHANGHAI BANKING OOR- PORATION. Bules may be obtain- ed on application.
For the HONGKONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1939.
BANK OF EAST ASIA, LIMITED
Authorized Capital......$10,000,000.00 Paid-Up Capital ......... 6,598,000,00 Reserve and Undivided
Profita
4,983,281.50
Head Office:-BONG KONG No. 10 Des Voeux Road, Central.. Board of Directors:
SIR SHOUSON Onow, Chairman Li Koon Chan, Esq. Li Lan Sang, Esq, P. E. Kwok, Esq. Wong Cha Son, Esq. Wong Tan Tony, Esq. Kan Ying Po, Eng. Chan Ching Shok, Eaq, Feng Ping Wab Esq KAN TONG PO, Esq., Chief Manager LI THE FONG, Esq., Manager
Amoy
Sabevis
Branches and Agencies:--
Bombay Calestia Haiphong Bakow
κόπλαστ
Loadou
ProMag Singapore
·Hangeón · Boarübera
BLOW Salgon Käbonrao Ban Fras. Sydney
erino Tiantain
Hazilia
New York Seattle Y QUYS? Banking
Palping
Shangha
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Local | Currency and Fixed Depozite: re: "Ceived" for one year or shorter periods in Local and Foreign Cur- rencies on terms' which will be. quoted on application.
SAPE EXPOSIT BOXES TO. LET.
f KAN, TONG PO,
Chief Manager.
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Bervices for Cargo and Passengers
TO
SWATOW SHANGHAL, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal in the French · Concession St Bhanghai, where passengers, and cargo are, landed.
For further particulars
please apply to
KJARDINE MATHESO
324 the Ighest since the War ONI KOJIE GENERAL T
began,
Co., Lrn.
18, PINE STREMN,
NEW YORK. An American Bank, offering com- plete Foreign Banking Service in the principal Markets of the world.
Interest Rates on Application. •
SAFE DEPOSET BOXES
This Bank is entirely owned by THE CHASE NATIONAL BANK, New York, with Besources of avui. U.8.$3,500,000,000.
D. M. BIGGAR,
Second Tips Pri
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AB AN- INTERNATIONAL EXCHANGE “
BANK
PAID-UP CAPITAL $40,000,000.80 (BRANCHES ALL OVER CHINA) Owing to our numeroas Brüneber 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:--SHANGHAI Hong Kong Branch:
4, QUEEN'S ROAD, C. South China Offices:
CANTON SWATOW |SHIUCHOW
KONGMOON TOISHAN
KINGCHOW - We also handle the ise of Bonds and other Public Funds of the Chines Government both at Home and Abroad.
BROU J. CHEN,
Manager.
THE KWANGTUNG PROVINCIAL
BANK
Kooorgombed in Obias)
General Banking Fadline and Pinatalak Agrabs t The Provincial Government of Kwadigung Send Offen-Balukwin, Kwangtong Province Hongkong Krutih-Quam's Bifg., 4 Chater Bd. Calle addressen "PROVINCIAL"* 2639, 2648, Telephones:
20112, 20113, 20143, 20181, #1681. BRANCHES THROUGHOUT
SOUTH CHINA. \": Carrepondents in New York and Landin Paid Up Capital ................ N$10,000,000. | Reserve Capital ... N$10,500,000.
AUYANG MANLY, ;)
Hongkong Manigue,
AJob?
WANT
NAGERS & ADS
Amoy
9.58 · 9.17 22.45 22.02
94+ 88 63 581 13.45 13.09
12 off
10 off
31 off
13.40 13.11 .29 off
Close
Opening
Closing
Change
9.88/85
9.68/68
9.82/63
20 on
9.54/55
9.36/27
0.30/30
,24 off
9.70/70
9.37/38
947/47
23. off
>
9.24/26
8.90/91
8.99/0.00
.24 off
9.11/13
8.75/76
8.87/87
.24 011
9.06 N
8.75/74
8.81/81
25 off
}
8.95/95
8.03/64
8:71771
.24 off
9.98
9,75
23 off
The last notice day for May cotton:-22-5-40
Total sale, Tuesday:93,900 bales.
23.45 N
22.40/45
21.25/25
20.50/59
20.44 N
22:40/15 21.10/06 20.35/25, 20.15/15
23.00b/25a 22,23/39 20.80/82 20.05/10
45 off .12 off 45 off
45 off
19.97 N
off
"
952a
'9518
96 a
*904/87 90/88
852/86 854/831 86/26
.10 of 10 off 10 off
Tuesday's sales:-82,576.000 bushels.
CHICAGO COEN
612/612
691/59
off
611/821 60/81
591/591
621/821
591/591
31 off
Kabe
847/847
7418
851/86 881b
85/81
7812
10 of 10 off 10 off
I'
13.40/48 13.15/25 13.11/13 13,71/79 13.51/59 13.41/45 14,01/01 13.83/86 13.67/73
29. off .30 of 34 of
34-3/4 3.23-3/4
. ' וו'.