PAGE 10-HONGKONG DAILY PRESS
FOREIGN MARKETS AND QUOTATIONS
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY MARKET REVIEW
(FROM" PAYNE & CO.)
MONEY AND
EXCHANGE
CLOSING QUOTATIONS
JUNE 5, 1943,
Ja Londan:
Telegraphic Transfer. 1/2 7/3 Bank Bills, en demand 1/9 7/8 Credits 4 months' sight 1/3 3/1 On Shanghai;—
On demand 370 On Singapore:- On demand
FINANCE
NEW YORK STOCK EXCHANGE
Allis Chalmers
QUOTATION
-(REUTER'S SERVICH
יו
MAY 18, 1940. STOCKS
Last Sale
JUNE 3, 1940, " STOCKS
June 4
Adams Express
#
Kennecott" Copper
Last Sale June 4 27
BANKING CORPORATION
Alleghany Steel Oo.
101
Laxey Foundry & Mac.......
Authorised Capital.............. $50,000,000
3
Allied Stores
5
Libbey-Owens-Ford Glass
33
243
Lockheed Aircraft ga 291
Reserve Funds:
Sterling
Aluminium Ltd.
541
Loew's Inc.
224
Amper. Can
92
Loft Incorperated
173
Reserve Liability of
American Üysnamid B.
301
Mack Truck The.
194
Proprietors
$90,000,000
..... 62 3/4
Amer. & Föreign Power Amer
1*
Martin, Glen
33
THURSDAY, JUNE 6, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
·
INDIA, AUSTRALIA
AND CHINA
Issued & Fully Paid-Up $90,000,000 Incorporated by Royal Charter, 1853
| Paid Up Capital £8,500,000 Reserve Fund
H.E. Currency Reserve $10,000,000 Reserve Liability of Pro-
£3,000,000
£3,000,000
prietors
„£3,000,000
HEAD OFFICE: LONDON:
& Foreign"$7-pf. 'tre American Gas &"Elec.
14
McKesson & Robbins, pid. 181
261
Morisante Chemical
Оп барад:-
New York, June 4, 1940.
SINGAPORE RUBBER
SPOT
JULY-SEPT.
OCT.-DEC.
On demand
89 1/2
Previous
June 4
Closing Opening Closing
Buyers Buyers
37-3/4 37-1/2 37-7/8 up 1/8 +38-3/4 38-1/2: 36-5/8 off 1/8
35-1/2
35-1/4 35-3/8 off 1/8
Change
On India:
Amer, Locomotive Amer. Metals Co.
113
Montgomery Ward
133*
National Aviation
Telegraphic Transfer. and demand
Amer. Radiator
5
Nat, Dairy Products
R2"1/2
Amer. Rolling Mill
101
Nat, Distillers
On New York:-
The market was quiet but steady.
Bank Bills, on demand 19 6/8 Credits, 60 days' sight 20 5/8 On Batavia:—
Amer. B'ung and Ring Co. Amer, Sugar Refining "Amer. Tel, & Tel, ..................
36
National Gypsum
135
National Lead
1501
Nat, Power & Light
LONDON RUBBER
SPOT
Previous close
Today's close
On demand
38 4/8
buyers
buyera
12-1/16
12-3/16
JULY
12
12-1/8
Change up 1/8 up 1/8
On Paris:-
Amer. Tobacco "B" Amer. Waterworks Anaconda Copper
73
National Steel Corp.
National Supply Corp.
201
New York Central
Bank Bills, on demand 1090 Credits 4 months* sight 1150
«Atchison, T. & 3. F
141
| Niagara Hudson Power
-Aviation Corp.
51
N. American Aviation ......
AUGUST
OCT.-DEC.
JAN-MARCH
11-15/16
12
up 1/16 0 Saigon:-
Bacock & Wilcox
221*
North American Co.
11-7/16- 11-3/16
-11-1/2
up 116
"On demand
108 3/4
Baldwin Lecometive
137.
Northern Pacific
11-1/4
up 1/18
On Manila:-
Baltimore & Ohio
31
Owens-Illinois Glass Co.
Total sales. Monday:-9,800 bales.
Total sales:-850, tons,
CHICAGO WHEAT
Monday's sales:-7,293,000 bushels.
21.10/10...
21.20/10
21.16/16
.06
19.23b/26a
19.20/15
19.42/43
18.68/88
18.68/68
18.55. N
unquoted
18.94/94 18.80 N "
26. up
25 Ep
July.......
821/82
September
821/821
December
83/821
821/82 811/011 821/821 811/813 83/821
7 off
off
821/82)
off
CHICAGO CORN -
July
821/621 621/621-
621/621
September
December
62/617 593/597
,
811/613
611/814
60/60
592/591
unch.
WINNIPEG WHEAT
July
7514
.. 741A
751/751
October
Tia
........
773/771
NEW YORK HIDES
June
9.33/40
September
9.68/58
December
9.80/BL
New York Official
unreceived
NY-London Cross Rate 3.20-1/8
(REUTER'S SERVICE)
High Low
13
Prev. Today's
New York Cotton, July New York Rubber, July Chicago Wheat, Sept. Chicago Corn, Sept.
9.35 9.25
21.20 21.05
821
62
303
821 811
9.29 9.30 .01 Up 21.10 21.16 .06 up
3
614
811 61
of off
New York Hldes, June
NEW YORK COTTON
9.33 9.57n 24 up
Close
Opening
Closing
Change
July
9.29/29
9.27/27
9.30/30
01 up
July (New contract)
9.50/60
9.47/47
9.52 N
0% p
October
8.58/59
8.57/57
8.58/56
.02 off
December K
"}
8.50/50
8.48/49
8.47/47
January
(
)
...... 8.44 N
8.41b/44a
8.40 N
March
1
8.32/32
8:29,30
8.30/30
.02 off
May
8.17/17
8.15/15
Spot
10.12.
8.15/15 10.13
NEW YORK RUBBER
July
September,
December
January
The market, was very steady,
NEW YORK COTTON; A. feature was the switching from near the close, with the to distant positions. The Trade bought near South selling.
NEW YORK RUBBER: -Scattered liquidation was well absorbed Bar Silver per ofx. by the Trade.
CHICAGO WHEAT: An average of private estimates shows a Winter crop of 489,000,000 bushels and, a Spring crop of 234,000,000 bushels. This is higher than expected. Exports continue to be
poor.
Market Report
FROM ROZA, BROS.
Wednesday, June 5. Silver prices dropped yesterday
NEW YORK STOCKS: Previous close, 114.73; Today's close, to the extent of 1/2 for Ready 115.79; Change, up 1.00.
NEW YORK COMMODITY MARKET
Close Close Change
and 3/8 for Forward, the quota- tions being 3 and 22 respective- ly. Sliver advices reported specu- Staall lafors as having sold to extent. Support was poor. The market was quiet and idle. Ameri- can Silver was quoted at 34.3/4 for Spot.
The London-New York cross-rate was quoted at 4021/2. New York- London was quoted at 391.3/4.
MARKET
Steady but quiet
STERLING
There were sellers at 1/2.31/32 03 off June/August, probably September, -.04 off buyerg at 1/3 for any delivery.
U. S. DOLLARS
.02 of -.01 up
Business was done during the course of the morning at 20 for Cash and 19.15/16 for July. The market closed with sellers at 20 up for Cash, 19.15/18 June and 19.7/8 19 up July, buyers at 20.1/18 for Cash
and 20 July.
SHANGHAI DOLLARS
Opened with sellers at 382 and closed at 376.
SHANGHAI MARKET " Sterling opened with sellers at 3.27/32 and closed steady with sellers at 3.81/64. US... Dollars off opened with sellers at 6.3/32 and "off closed at 5.9/32
Shanghai Exchange
Brooklyn-M'hattan. Trans. 10. Brooklyn-Manhattan $6.... .90* Budd Mfacturing Corp. 31 Canadian Pacific R'way ..." ·2·· Case, JI
On demand-
39 IN
Barber Asphalt Co.
*
Pacific Gas & Elec
On Bangkok,
Barnsdall Of
8
Pacific Lighting
On demand
149 1/2
Bell Arcraft Corp.
18
Packard Motors
On Sterling Notes:-
Bendix Aviation
271
Pan-American Airways
Bank Buying Rate... 1/4
Bethlehem Steel
70
Paramount Pictures
Bliss & Co.
151
Pennsylvarila RR ..
Boeing "Airplane Co.
16
Phelps-Dodge
Borg-Warner
151
Philadelphia Read, Coal
Bridgeport Brass Corp. ... Briggs Mfg......***
0
Phillips Petroleum
15
Pittsburg Coke & Iron
Public Service of NJ,
ویدی
Fullman Inc.
Pure Oll
Radio Corpn, of Am..........
44
Reading Company.
Celanese
231
Remington (Arms Co., Inc.
a
Chesapeake & Ohio Chrysler Corpın.
321
Republic Aviation Corp...
577
Republic Steel
Climax-Molybdenum Co
234
Revers Cop & Brass Inc.
Colts Patent Fire-Arms ...
70*
Reynold Tobac. "B"
Columbia Gas & Elec. **** Columbia 8% "A". PL...... Commercial Credit Co... Com, & Southern (Ord.)... Consolidated Edison, Consolidated. Oll
41
Richfield On
701-
Safeway Stores
291
Schenley Distillers
i
Seats Hoebuck
241
Shell Union Oil
B
Bocarty-Vacunum on
Continental Can
35+
Southern Pacific...
Continental ou
171
Southern Rlý $5 pfď.
Copperweld Steel
17+
Sperry
Corn Products'
45)
Spicer Manufacturing Co. 25
Curtiss-Wright (C)
g
Standard Branda
Curtiss, Wright “A”
241
Stand Gas & Elec..
Deere & Co. .....
154
Standard OH of Calförtila
Distillers Corpn. Seagrams
131
Standard ON Ħ NJ.
Douglas Aircraft
261
Stone & Webster
Du Pont de Nemours
1542
Studebaker Com..
Eagle Picher Lead
811
Swift International
Eaton Mfg. Co.
21
Technicolor
Elec. Autolite ........................
271
Texas Corp
Elec. Bond & Share
44
Texes Gulf Sulphur
Elec. Band & Share $5 pf.
601
Timken-Are
Elec. Bond & Share $6 pf.
59
Trans-America Co.
Elec. Power & Light 37 pt. Fisk Rubber
231
20th Cent. Fox
10*
20th Cent. Fox, $11 pf.
Flintkola
11
Union Bag & Paper Corp.
Gen. American Trans.
3B+
Union Carbide
Cen. Electric
201
Union Pacine
Gen. Motors
401
United Aircraft
Gen. Railway Signal
101
United Airlines Trans
Gen. Tire & Rubber
111
United Corpu
Glidden Co.
12
United Corpn. $3 cum pf.
Goodrich (BF)
101
United Gas Corpn. .........................
1 off
Shanghai, June 5 Reuter
Omelal T.T. Rates
ול
9.30b 0.70/58 9.76b/90a
9.57 N 9.73/TE 10.00b
34-3/4
24 up
Goodrich $5 pl... Goodyear Tire & Go...................... Great Northern Iron Ore Great Northern Rly, pfd,
481
United Gas Improvement
14
U.S.. Industrual Alcohol.
131
Us, Rubber .....
18
Opening
U.S. Rubber $8 pfd.
Great Western Bugar
201
.15 up
London
Q/3-1/2
V.6. Steel
Greyhound Corpn.
10+
..20 up
New York
4-5/8
Vanadium
Hercules Powder Co.
80
Vultea Aircraft
Гараг
19-1/2
Homestake Mining
40+
Walworth Co.
3.19-3/4.
india
19-3/8
International Harvester ...
38#
Paris Hongkong
2.57
Warner Bros. Pict.
Int Nickel
201
23-1/4
Westinghouse Elec,
Inter. Paper & Power
124
Woodward Iron Cor.
Sterling
LONDON STOCK EXCHANGE ·
int, Tel. & Tel
21
Chase National Bank
(REUTER'S SERVICE)
Spot
Landon, Jung 4. Ger, 7% Intl. Loan. 1924 54
The following quotations are the Chartered Bank middle prices at the close of the HK. Shai Bank (Lan, market in London. All quotations
June
July
Sellers "Opening Closing
0/3-13/16 0/3-81/64 0/3-25/32 0/3-15/16 0/3-5/8 0/3-13/16
Johns-Manville
431
National City Bank
J& Laughlin Steel 37 pfd.
51
•—bid.
I dir DOW JONES AVERAGE
Rég
1.8. Dollars
1039/40
June 3, 1940.
are subject to confirmation and no | H.K. & S'hai Bank (Col.. responsibility is assutied for etrors -Règ
Spol
62
in transmission.
Chinese Eng. Mining
June July
5
M
£
(Bearer) .....
17/6
4-25/32 Market: Steady.
35-1/16 $5-9/32
5-1/4 5-1/32
High Low Dow Jones Averages. June. 3, High Low Close
155.92 11394 30 Industrial
114.73
35.90 22 1520 Baila
23.15
17.70 19.28 20 Utilities
1862
28 22 83 06.10 Bonds
63.48
War Loan, 31%
(Red
·
Chosen Corporation
8/6
65.67 45.89 11 Commodity Inder 62.22
115.25 114.75 115.79 23.45 23.10 2436 18,75 18.56 18.88 83.77 52.03
after 1952) Canton-K'ioon Rly. 5% 8
991
Pekin Syndicate ......
2
S'hal Elec. Constr. Co.
15
Silver Duty Rate
The Central Bank of China's
Chinese 41% Gold Lear
B'hal Waterworks “A” ...
15
1898 (Brit. Tegue) ..........
43
Union Insurance ....... 28
rate on London at 10 am, today wás 1/2-1/24.
Chinese 5% Gold Bonds.
1925-47
43
Gula Kalumpong Rubber 16/3
Allied Ironfoundera
" 11/0
Chin. 41% Anglo-French
Loan, 1908
44
Asso. & Elec. Industries 3579 Austin Motora, ord.
10/7/
Chinese 5% Crisp Loan.
1912
17
Cable & Wireless, New
Form, ord.
41
Chinese 5% Reorg. Loan,
-A. Tob. (bearer)
81/3
Bombay, June 4 (Reuter). Govt. 34% Rupee, 89-02-0.
1913 (Lan. 15.)
24
Mercantile Bank
121
Chinese 8% Ster, Notes,
Cammell Laird, ord
5
Calcutta Exchange
TO
¦. 1923 (Vickers):
Mexican Eagle
3/1
Chin. Imperial Rly. 5%
Courtaulda
26
Calcutta, June 4 (Reuter). T.T. on Japan, 99-5/8.
Loan
Honan Rly 5%
13
Hukuang Rly. 5%, 1911... 14
562
50
Distillers
53
Dunlop Rubber
29/41
Hukuang Rly. 5%, 1911.
Gen. Electric (England) 71/3 Guinness (A) ̈8ọn & Co.
60
Getman Issue)
11
Lung Tsing & U. Ea
Hawker Siddeley, Airc......9. Bristol. Aeroplane
18
9/8
Rly. 5% 1913
11
shai-N'King Rly. 5%
15
Imperial Chemical Ind. 26 Imperial Tobacco
86/3
Tientsin-Pukow Rly. 5%
Marks & Sp'cer "A" ord.
34/3
(Erit. Stpd.)
Rolls Royce
71/3
Marsman Investments Randfontein Estates .....
10
་་
33/11
Tlentin-Pukow Ely 5%
Leyland Motors
60
Western Holdings ...
8/3
Cerman Stpd.) .................. Tientsin-Pukow Rly 5%
(Brit. Stpd. Supl. Loan) 9 Tientsin-Pukow Rly. 5% (der Stpd. Bupl Loan) Jap. 5% Bter, Loan, 1807 38 Jap. 6% Ster. Loan. 1924, 41
Tate Lyis ***
Turner & Newall.........
49/8 58/10
Sub-Nigel ........
*175
Tanami Gold Mining
United Steel".....
18/71
Anglo-Iranian
36. 38/11
Smethwick Drop Forg..... 12/8 Armstrong Stevens, cord. ~5/8 Pressed Steel, coní, Vickers. ord.
Burman ..............
53/9
Shell Trana, & Trad.
12/9
́(bearer)
58/11
12/3
-Nominal
The Equalisation rate was 21-3/4 per cent.
India Rupee Paper
Woolworths.....48
Anglo-Dutch
Rub, Plant, Invest, Trürt 24/3 Burma Corporation 7/3 Commonwealth Mining
2, Bishopsgata E.C.a Sub-Agencies In London;
**** 117/122, Leadenhall Street, EⱭa
-West End Branch: 14/16, Cockapur Street, 8:W.1; Manchester Branch:
Sir Vandeleur M. Graybura,
Chief Manager.
Branches:
Johore. Rangoon Bangkok Koba
Saigon San
52. Mosley Street, Manchester,
AGENCIES AND BRANCHES:
ALOR STAR MAREIN
PENANG AMRITSAR HONG KONG BANGGUN 'BANGKOK ILOILO
IPOH
KARACHI
BALOUTTA ILANG
komens: O
Chars B
DELEI Francisco HAIPHONG
HANXOW Singapors
Patani Swatow
Mukden Tokya New York Tsingtao
Haiphong (Jphore) Tientsin
Yokohama
KUALA
BAIGON
SEREMBAN
11
SHANGHAT
BINGAPOR
SITIAWAN
KOURABAYA
LUMPUR
TAIPING
KUCHING
TIENTSIX
MADRAS
TONGKAR
MANILA
(Bhuket)
MXDAN
TSINGTAO
-TOKOHAMA
NEW YORK PIPING
(Peking)
FORON EXCHANGi and Generki Banking Business transactad.. «
CURRENT ACCOUNTS opened and FIXED DEPONIts received for Que 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 interent allowed at rate obtainable LOCAL CURRENCY and FIXED DEPITE on application.
received for one year or shorter The Bank's Head Office in London periods in Local and other Cur
ALSO up to date SAT DIPoair
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.
E. A CAMIDGE,
Manager.
Boxes in various sizes To. LET Hong Kong, 28th February, 1540.
"HONGKONG SAVINGS
BANK
THE CHASE BANK
The Business of the above Bank) 15, QUEEN'S "ROAD, CENTRAL
ed on application.
For the HoyaKONG & SHANGHAI (An
BANKING CORPORATION,
V. M. GRAYBURN,
Chief Manager.
Li Koon Chan, Esq. Li Lan Swag, Eag P. K. Kwok, Esq. Wong Chu Son, Wang Ym Tong, Esq. Kan Ting Po, Esq. Chan Ching Shok, 664. Fung Fing Wah Esg KAN TONG PO, Eba, Chief Manager Li Taz FONG, Esq., Manager
Branches and Agencies;--
Реп Kelcom Louds
Bingapors Entreon Bauchbaya Muatin .. Halgon
walow Malbouysa Baŭ Frans Bylany
aleco Vista
DIVER
New York Susitta
Polping
Every description of Banking ind Exchange business transacted. Lowas granted on approved securities.
HEAD OFFICE:
18, PINE STREET,
NEW YORK. American Bank offering com- plete Foreign Banking Service in the principal Markets of the world.
Interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by Taz CHASE NATIONAL BANK, New York, with Bmonrow of avi U..$2,900,000,000.
D. M. BIGGAR,
Sound Vice Pres
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT
OF CHINA AS AN......... INTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL $40,000,000.06. (BRANCHES ALL OVFE. CHINA) Owing to our numerous Branches' in China and connections in the principal Commercial Centres bi 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, 0. South China Offices:
Current Accounts opened in Local DANTON Currency and Fixed Deposits te SWATOW Change
ceived for one year or shorter SHIUCHOW 1.06 up
periods in Local and Foreign Cur- .20 up
rencier on terms which will be .04 up
quoted an application. .19 up
SAFE LEPOSIT BOXES TO LET. .19 cu Business Dons:-$10,000 shares
KAN TONG PO,
Chief Manager.
INDO-CHINA
STEAM NAVIGATION COMPANY LTD
Operating Bervices for Cargo and Passengers
BWATOW, SHANGHAL TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside the. Hoosevelt Terminal ia the French Concessiona Shanghai, where passangers and cargo are landed.
For further particulars
please apply to
JARDINE MATHESON&Co.,LTD. TELFENONE SOBIE GENERAL MANAGERS -
KONGMOON TOISHAN KINGCHOW
We also handle the inne of Bonda and other. Publie Funds of the Chines Government both at Home and Abroad,
SHOU J. CHEN,
Manager.
THE KWANGFUNG PROVINCIAL
BANK
(Incorporated in (thina?
General Banking Facilities and Financial Agouts te The Provincial Government of Xwangtang Head Cure Shinkwan, Kwangteng Province Bangkong Branch-Queen's Bldg., 5 Chater Behr Cable Address—PLOVINCIAL" 2009, MIN. Telephones: 20117, 20113, 20143, 20181, 21881. BRANCHES THROUGHOUT SOUTH CHINA Correspondents in Maw Tork' and Londoz Paid Up Capital
N$10,000,000. Bërive Capitai
................ N$10,500,000. AUYÁNG MANLY,
Hongkong Hanagat.
A Job?
WANT ADS
Head Office:-HONG KONG
88
34
Board of Directors:
H. V. Wilkinson, Esq
10
Chairman.
121
Hou. Mr. J. J. Paterson,
18
די
Deputy Chairman.
51
151
3. E. Bousfeld, Esq.,
-6.
A. H. Compton, Esq.,
Hon. Mr. S. H. Dodwell,
534*
. Miskin, Esq.,
5+
K. S. Morrison, Esq.,
10
T. E. Pearce, Esq.,
31*
C. G. Roberts, Esq.
+
BATAVIA BOMBAY
171
Hon. Mr. A. L Shield,
181
51
FATLI FLAON
484
201
CANTON
CAWNPOSS
371
Amoy
As
bOLOMBO
Batavia
Kowloon
Bombay.
Kuala
Calcutta
Lumpur Shanghai HAMBURG
Canton
London
Chofoo
Colombo
Malacca Sungei
Lybus Sourabaya
Dairen
Manila
Foochow
Muar
181
Bankow
Harbin
Iloilo
41
Ipoh
Com
101
Peiping
Penang
: -
41
151
9
321
64
381
8
641
72
71
74
151
381
..58
is conducted by the HONG KONG
11
& SHANGHAI BANKING COB- PORATION. Rules may be obtain-
187
318
子
*171
91
Hong Kong, 25th Feb., 1930.
342
28
227
BANK OF EAST ASIA, LIMITED
*50*
103
Carbon 621
Authorised Capital......810,000,000.00 Paid-Up Capital......... 6,598,600,00 Reserve and Undivided
Profita
.
..2,983,281.50
431
14
Head Office:-HONG KONG No. 10 Des Voeux Road, Central.
18
293
Board of Directors:
14
SIB BHOUBON Сnow, Chatrizan
151
• Esq.
181
75*
481
30
23*
པ་
25
Batavia
85
Вокому
Calentía
22+
Halphong
273* 23*
Hankow Hassledu
Parli
Kobe
Semarang
Shan-bai