Last Sale
STOCKS
Last Sale
June 11
June 11
5
Alleghany Steel Co.
201
Kennecott Copper Lakey Foundry & Mac.
17
J+
51
Libbey-Owens-Ford
Glass
32+
Allis Chalmers
254
Lockheed Airtrait
23..
355
Aluminium Ltd,
60
Loew's Inc.
24
On Singapore:-
Amer. Can
91
On demand
12 3/4
Loft Incorperated
181
On Japan:
American. Cyanamid B
3114
Mack Truck Inc.
214
NEW YORK, June 11, 1940.
On demand
$6
On India:-
Amer. & Foreign Power Amer
Martin, Glen L
324-
American Gas
& Foreign $7 pt.
Elec.
12*
McKesson & Robbins, pfd.
18
261
Monsanto Chemical
87
Telegraphie Transfer.
SINGAPORE RUBBER
89 1/2
12}
Montgomery Ward
85+
141
National Aviation
101
On New York:-
SPOT
Amer. Radiator
St
Nat, Dairy Products
121
JULY-SEPT.
Amer. Rolling Mill
111
Nat, Distillers
173
OCT.-DEC.
Amer. Sting and Ring Co.
36
National Gypsum
51
***** 1/2
Amer, Sugar Redning
13
National Lead
16
On Paris:-
Amer. Tel: Tel.
152
Nat, Power & Light
51
LONDON RUBBER
Bank Bills, on demand 1000
Amer. Tobacco "B"
737
|National Steel Corp. ....
583
Credits 4 months' sight 1150
Amer. Waterworks
31
National Supply Corp. ............÷
54
S. POT
On Saigon:-
Anaconda Croper
211
New York Central
10
JULY
On demand
108 3/4
Atchison, T. & S, Fa
142
Niagara Hudson Power ...
३३.
AUGUST
On Manila:
Aviation Corp. „.
51
N. American Aviation
273
OCT-DEC
46 1/2
Bacock & Wilcox
231
North American Co.
16)
JAN.-MARCH
Baldwin Lecometive
15
Northern Partic
54
On demand
149 1/2
Baltimore & Ohio
31
Owens-linols Glass Co.
424
PAGE 10—HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
JUNE 13. 1940
On London:
Telegraphic Transfer, 1/9 7/8 Bank Bills, on demand 1/2 7/8 Credits 4 months' sight 1/3 3/1
On Shanghai:--
On demand
and demand ...............................
Bank Bills, on demand 21 3/4 Credits, 60 days' night 24 1/8
On Batavia:
On demand
On demand
"On Bangkok:-
ני
NEW YORK STOCK EXCHANGE
STOCKS
Adams Express -
Allied Stores
Amer. Locomotive Amer. Metals Co.
QUOTATION
(BBUTËR'S SERVICE
JUNE 12, 1940
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE, BUILDING" HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
Previous
June 11
Closing Opening Closing Change
After ruling firm on trade covering demand, the market closed firm,
THURSDAY, JUNE 13, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Ospital....... $50,000,000
Reserve Funda: Sterling
INDIA, AUSTRALIA
AND CHINA'
Issued & Fully Paid-Up #90,000,000 Incorporated by Royal Charter, 1858 |Paid-Up Capital £3,000,000 £8,500,000 Reserve Fund H.E. Currency Reserve $10,000,000 Reserve Liability of Pro Reserve Liability of
prietors........
Proprietors. 20,000,000
Head Office:-HONG KONG
Board of Directors: H. V. Wilkinson, Esq.,
Hon, Mr. J. J. Paterson,
Deputy Chairman,
Chairman.
J. K. Bousfeld, Esq., A. H. Compton, Esq., Hon. Mr. S. H. Dodwell, G. Miskia, Esq.,
E. 8. Morrison, Esq.,
T. E. Pearce, Esq.,
C. O. Roberts, Esq.,
Hon. Mr. A. L Shield,
Sir Vandeleur M. Graybarn,
Chief Manager.
11
Rangoon Saigon San
£3,000,000
£3,000,000
HEAD OFFICE: LONDON:
38, Bishopsgate E.0.2.
Sub-Agencies In London:
117/189, Leadenhall Strest, E.Q.a...
West End Branch:
12
14/16, Cockspar Street, S.WL Manchester Branch: 52. Mosley Street, Manchester, 2.
AGENCIES AND BRANCHES:
PENANG
ALOR STAR AMRITSAR
LANGTOK
BATAVIA
BOMBAY
GALOUTTA
AGENCIES Cara Br
FADMIN PLACH
SANTOR DAWNPORN
скво
COLOMBO
DELHI
וי
HARBIN HONG KONG BANGJUM
· ILOILO IPON
BAIGON
́SEREMBAN
TABACH'S
SHAKURA).
SINGAPOR
SITIAWAN
BOURAMAYA
FLANG
KOSE. KUALA
*LUMPUR KUCHING
MADRAS
MANILA
MIDAN
TALPING
TIESTAIN
Buyers Buyers
37-7/8
37 cts.
35-1/2
38-3/4 38-1/8 37-1/4 37-3/4 35-3/4" 95-7/8
up 778 up 3/4 up 3/8
The market was steady but' quiet,
"
Previous close Today's close
buyers 12-5/8"
buyers
13-1/8
Change up 1/2.
12-5/8
13-1/16
up 7/18
12-1/2
13
up 1/2
Branches:
11-7/8 11-1/2
12-1/4
up 3/8
11-5/8
up 1/8 ..
On Sterling Notes:-
Barber Asphalt Co.
97
Pacific Gas & Elec
28+
Bank Buying Rate
1/4
Barnsdall Ou
81
Pacific Lighting
*36*
Bar Silver per 03.
Bell Aircraft Corp."
17/
Packard Motors
31
Bendix Aviation
271
Pan-American Airways
131.
Market Report
Bethlehem Steel
71
Paramount Pictures
51
NEW YORK COTTON: Price closed at around the day's best levels. Buying was more general. The supply of contracts quiet and limited. The Presidential assurance of material aids" to the "Allies encourages the hopes of the removal of a certain, quantity of farm surpluses. Weather conditions are clear.
was
Bliss Co.
151
Pennsylvania R.R.
17
FROM ROZA, BROS.
Boeing Airplane Co.
--142
Rhelps-Dodge
281
The price for Ready
at 23 but was unchanged Forward rate dropped. 11/16
Silver
Borg-Warner
15!
Philadelphia Read, Coa
1
the Bridgeport Brass Corp.
9
Phillips Petroleum
"301
NEW YORK RUBBER: The home defensive programme. pos- sible interruption in shipping and higher freights were all stimulat- ing. factors.
}}
to Briggs Mig.
16
Pittsburg Coke & Iron
81
21.3/8.
sulver advices
reported Brooklyn-M'hattan Trans.
181
Public Service of N.J.
324
done. The market Was American Silver
was
quoted
35.
India as having sold for forward Brooklyn-Manhattan $8.... delivery. A small business was Budd M'facturing Corp.
quiet, Canadian Pacific R'way
90".
Pullman Inc.
191
31
Pure Oll
73
23
Radio Corpn. of Am,
44
at Case, JI...
42*
Reading Company, Com
11
NEW YORK .STOCKS: 115.97: Change, up 4.13:
Celanese
24+
Remington Arms Co., Inc.
47"
The London/New York cross-rat was quoted at 402.1/3. New York London was quoted at 380.
Quiet."
MARKET
STERLING
No business was reported. There were sellers at 1/2.31/32
buyers September.
Chesapeake & Ohio Chrysler Corpn.
331
Republic Aviation Corp. ...
47
571
Repubilc Strel
157
up
at 1/3
Climax-Molybdenum Co. .. Colts Patent Fire-Arms .. 772 Columbia Cas & Elec......" 45. Columbia 6% “A” 'pt.": Commercial Credit Co. Com, & Bouthern (Ørd.). to Consolidated Edison tor Consolidated Ofl
201
Revere Cop, & Brass Inc. Reynold Tabac. "B"
9
NEW YORK
331
Richfield 011
7
70
Safeway Stores
37+
281
Schenley Distillers
8
13/16
Sears Roebuck
64
241
Shell Union 01
71
New York Cotton, July New York Rubber, July
61
Socony-Vacunum Oll
81
Chicago Wheat, Sept.
any delivery.
Continental Can
351
Southern Pacific
72
Chicago Corn, Sept.
Continental of
18
U. S. DOLLARS
Southern Rly $5 pfd.
154
Copperweld Steel
New York Hides, Sept.
Prev. TodayʻA High Low Close Close Change 9.78 9.49 9.54 9.77 .23 up 23.00 22.50 21.906 23,00 1.10 up
82 841
94 811
27 up 62 811 BI 822 # up 10.12 9.83 9.69 -10.02 33 up
81
eased
eff Curtiss Wright, "A".
and towards the close
businessDeere & Co.
Business was done early in the Cord Products moming at 23.1/4 for June. Sub-Curtiss Wright (C.) sequently the market
was done at 23.1/8 for Cash. The tillers Corph. Beagrams market closed with sellers at 23. Douglas Aircraft
Sperry
392
........
45
Spicer Manufacturing Co. 244
NEW YORK COTTON
Close
Opening
Clesing
Change
71
Standard Brands
54
July
9.54/54
9.50/50
9.77/78
254
Stand Gas & Elec.
1
23 up
15
Standard Oil of California
19
July (New contract)
0.83 N
9.74/74
10.12/12
29 up
13
October {
)
8.68/06
8.58/60
Standard O of N.J.
351..
8.35/85-
19 up
75
December {
>
8.57/57
8:52/53
Stone & Webster
51
8.78/78
31 up
1/18 for Cash, buyers at
23.1/8
Du Pont de Nemours
1497
Studebaker Com.
61
January
}
...... 8.43 N
8.42b/45a
8.69/69,
21. up
for Cash.
Eagle Picher Lead
81
March
Swift International
17
}
8.34/34
SHANGHAI DOLLARS
Eqben_Mig. Co
261
May
#
8.19/19
Technicolor
91
8.28/28 2.12/12
8.56/56
.22 up
8.41/41
22 up
Elec. Autolite
29.
Spot
10.42 N
10.65
Busincas was done at 373
and
Texas Corp. -
361
.23 up
Elec. Bond & Share
44
374, At the
close there
were
Texes Gulf Sulphur
271
Total sales Monday:-22,300 bales.
Elec. Band & Share $5 pf.
481
sellers at 374
Timken-Axle ********
227
Elec Bond & Share $6 p.
551
then.rose to 41/32.
it was
SHANGHAI MARKET
Opened with sellers at 4d and Fisk Rubber
At the close Flintkate
caster at 3.31/32
Trans-America Co.
41
NEW YORK RUBBER
Elec. Power & Light $7 pt.
22k
20th Cent. Fox.
51
July
103*
20th Cent. Fox, $1§ pf. .....
15-
September
11
Union Bag & Paper Corp.
101
December
Us. Gen. American Trans.
4132
Union Carbide & Carbon
02+
January...
21.90b/22.00 22.20b/75a
20.10/10 20.36/34. 19.05/05 -19.38/35 18.80 N
19.00/00
23.00/00
21.05/05
19.70/70
19.45 N
1.10 up -.95 up .65 up .65 up
Dollars opened
8.1/4. The highest rate report ed was 6.5/16. At the close was easier at 6.1/8.
with sellers at Gen Electric
Gen. Motors"..
30
Union Pacific
73
March
19.20 N
417
United Aircraft
431
it Gen. Railway Signal
Gen, Tire & Rubber
113
United Airlines Trans
141
Total sales:-1,970 tons.
102
United Corpn.
1}
CHICAGO WHEAT
Glidden Co.
114
United Corpo. $3 cum pt. 273
"Shanghai Exchange
Goodrich (BF)
103
United Gas Corpa.
July
Goodrich $5 pt.
451*
United Gas Improvement
101
September
Shanghal, June 12 (Reuter).
Goodyear Tire & Co.
13)
UB, Industrual Alcohol.
17
December
Great Northern Iron Ore
133"
Official T.T. Rates
US. Rubber
17
81/81 311/817 82/821- 83/823 -831/831
Monday's sales:-24,814,000 bushels.
80%/81
83/831
80/84
851/85+
***
$$$
Opening
Great Northern Bly, pfd... 187.
UB. Rubber '$8 pfd,
72
London
0/3-3/4
Great Western Sugar
.21
US. Steel
84
CHICAGO CORN
New York
.5-7/8
Greyhound Corpn.
101
Vanadium
301
July
Japan
22-3/4
Hercules Powder Co,
821
Vultee Aircraft
73*
September
India
20-3/4
Homestake Mining
42
Walworth Ca
31
December
63/83 611/611 591/591
63/63 62/614 597/591
633/634
621/62)
Paris
2,75
International Harvester
37
601/601
999
up
Warner Bros. Pict.
2
..
Hongkong
25
Int Nickel
223
Westinghouse Elec."
85+
WINNIPEG WHEAT
Inter. Paper & Power
12
Woodward Iron Cor.
231
Sterling
Int. Tel. & Tel
21
Chase National Bank
July
Sellers
Johns Manville
45
National City Bank
October
731b 76/76
741/755
751/7514 77fa
11 up
11 up
Opening Closing
J. Laughlin Steel $7 pid. 55
NEW YORK HIDES
Spot Juhe
... 014.
0/4
0/3-31/32 0/3-31/32
id
1-ex, div.
June
9.53 N
July
0/3-29/32 0/3-7/8
DOW JONES AVERAGE
September.unirii
9.69/70
0.05/00
1.8. Dollars
December
9.93/93
10.10/10
deleted 10.02/02 10:23b
up
30. ·up
Spot
$8-1/4 $6-1/8
June July
8-1/4
6-1/8
6-3/32 5-15/10
155.93 111.84 30 Industrials
1939/40
High Low Dow Jones Averages. June. 10,
35.90 2216 20 Rails
111.84
27.70 18 03 20 Utilities
22.79 18 03
June 12, 1940, High Low Close Change 118.38-113246 115.79 23.84 23.40 23 73 1871 18.09
New York Official"
34-3/4
2.95 up
NY-London Cross Rate 3.53-1/2 ..
35 3.80
CHICAGO WHEAT: There is a technical advance. Sentiment was aided by the Presidential assurance of material supplies to the Allies. Continued good mill buying and large flour sales were re- ported. The market looks higher.
Previous close, 111.84; Today's close.
COMMODITY MARKET
(REUTER'S SERVICE)
Dairen
Foochow Haiphong Bankow
Singapore HANKOW
Patani Swatow
(Jobore) Tientsin Mukdeo Tokyo New York Tsingtao Peiping Yokohama Penang
►
NEW YORK
PRIPING
(Peking)
TONGKAR
(Bhuket)
TSINGTAO
YOKOHAMA
FORLON EXCHANGA and General Banking Business transacted,
·CUBRENT Accouærs opened and FIXED DEPOSITS received for Que Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.
on application.
SAVINGS ACCOUNTs alm opened in Local Currency and Sterling with CURRENT ACCOUNTS opened in interest allowed at rates obtainable LOCAL CUERENOY and 'Fix DroLin received for one year or shorter
The Bank's Hard Offas in London periods ig Local and other Our- rencies on'
terms which will be undertakes Executor and Trustes
business, and claims" recovery of - quoted on application.
ALBO up to date Sara Drosir British Income Tax overpaid, on Roxes in various sizes To Lat.
terms which may be ascertained at Hong Kong. 28th February. 1940, any of the Agencies and Branchen.
R. A. CAMIDGE,
Afamage.
HONGKONG SAVINGS
BANK
THE CHASE BANK
The Business of the above Bank 15, QUEEN'S ROAD, CENTRAL“ is conducted by the HONGKONG
& SHANGHAI BANKING COR- PORATION: Rules may be obtain- ed on application.
For the HONGKONG & SHANGHAI BANKING CORPORATION.
VT, M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1989.
BANK OF EAST ASIA, LIMITED
રાં
Authorised Capital......$10,000,000.00 Paid-Up Capital 6,598,000.00 Reserve and Undivided
2,983,261.50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central,
Board of Directors:
SIE SHORON CROW, Chairman
Li Koon Chun. Esq. Li Lan Sang, Eag P. K. Kwok. Bag. Wong Chu Son, Esq. Wong Tan Tong, Esq. Kan Ting Po, aq,
Chan Ching Shel, Esq. Fang Fing Wah Esq KAN TONG PO, Esq., Chief Manager LI THE FONO, Esa., Manager
Branches and Agencies; -
Karloos Уедвое Singapors Laidon Запрос Bourabaya
Saigos Bwstow
Malbourne en Fran- Bydney Karanks.
ciano Bentin
V ouver
Shanghal Potpiar
Every description of Banking a Exchange business transacted. Loma.. granted on approved securities.
HEAD OFFICE:
18, PINE STREET,
NEW YORK. AD. 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 TEX CEASE NATIONAL Bank, New York, with Basostremoč avail 13.8. $2,900,000,000.,
*
D. M. BIGGAB,
Second Vice "Pria.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN - INTERNATIONAL EXCHANGE
BANK
נו
PAID-UP CAPITAL $40,000,000.88. (BRANCHES ALL Over Chika) 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 sad Foreign Banking sno Exchange.
Head Ofca:—SHANGHAI Hong Kong Branch;
4, QUEEN'S ROAD, C. South China Officer:
Currency and Fixed Deposits re- SWATOW ceived for one year or shorter SHIUOHOW
..
KONGMOON TOISHAN
KINGCHOW
periods in Local and Foreign Cur We also handle the issue of Bonds rencies on terms which will be and other Public Funds of the quoted on application..
Chinese "Government both at Eome. and Abroad:
SAFE EXPOSIT BOXES TO LET.
Amoy
Johors
Bangkok
Kobe
Batavia
Kowloon
Bombay
Kuala
Francisco BAIPHONG
Calcutta
Lumpur Shanghai KAMBURO
Canton
London..
Chelco
Lyons Sourabaya
Colombo
Malacca Sungei
Manila
Muar
Harbin
Iloilo
Ipoh
Profits
P
Amoy Batavia
Bombay
Maella
Chioutia
Haiphong
Bankow
Monolulu
Now York Baxtla Paris
Bemssag
Kabe
Current Accounts opened in Local
CANTON
.94 up
KAN. TONG PO,"
Chief Manager.
BHOU J. CHEN,
Manager
18.02
.59 up
99 22 8306 40 Bonds"
83.48
83.74
.25 up
85.67 45 59 11 Commodity Index 6283
63.85 1.07 ap
Market:-Uncertain.
The
Silver Duty Rate Central Bank of China's rate on London at 10 a.m. today was 1/2-1/2d.
The Equalisation rate was 21-3/4: per cent.
India Rupee Paper
Bombay, June 11 (Reuter), Govt. 34%, Rupse; 91-02-0,
Calcutta Exchange
Calcutta, June 11 (Reuter). TT. on Japan, 97-1/2.
LONDON METALS
EXCHANGE
London, June 11 Reuter):
Tin, Standard, Cash, Middle
Price, £285.
SILVER MARKET
Business Done -780,000 shares
LONDON STOCK EXCHANGE
LONDON SILVER.. London. June 11 (Reuter). LONDON, June is (Reuter) Silver: Cash price was maintain-The Stock Exchange was com ed in the absence of offerings. Lit-mendably firm. Italy's entry into tle Indian Inquiry. Indian selling the war was previously discounted forward and speculators covered by the market. Git-edged securi- at the decline. Business very ties were occasionally fractionally small. Market quiet? In the after-higher. noon, the market Was quietly Industrial, oil and gold-mining
| steady.
г
Spot, 23d.
Forward, 21-3/84.
BOMBAY SILVER
Bombay, June 11 (Reuter).
Tin, Standard, 3 months. Middle Market-Steady. Offtake 300 bars. Price, "£284-5/8.
LONDON GOLD
Indian Mint Silver
Ready
84-00
London, June 11 Reuter).
July 2 Bettlement
July 30 Bettlement
04-00
44-00
Bar Gold. Fine per oz. 188.
shares moved narrowly, mostly lower.
Indian Government bonds' frre- gular gains and losses were about equal
Wall Street was fra.
WASHINGTON, June 12.(Reuter) The House of Representatives passen for consideration of the Sénate, "the 31,000,000,000:Tax Bill.
INDO-CHINA
STEAM NAVIGATION. COMPANY LTD.
Operating Services for Cargo and Passengers
TO
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers borth alongside
the Roosevelt Terminal in
the French Concession, st
· Shanghai, where passengers and cargo are landed.
For further particulars
please apply to-
JARDINE MATHESON& Co.LTD. TELEPHONE ZOŠILOIGENERAL MANAGERS «
THE KWANGTUNG PROVINCIAL
BANK
(Incorporated In China)
General Banking Froiliilor and Financial Agentato a
The Provinssi Government of Kwangiang. Best Office-Shlokwan, Kwangtang Province Hongkong Branch -Queen's Bldg., 8 Chater, Nd, Cable Addresses--**PROVINCIAL” 2059, 948. Telephones:
28112, 20113, 20143, 20181, 31681. BRANCHES THROUGHOUT
SOUTH CHINA M Correspondents in New York and Londen Paid Up Capital .............. N$10,000,000. Reserve Capital -...- N§14,500,000,
AUYANG MANLỲ,
Hongkong Kinagar,
Ajob?
WANT ADS