PAGE 10-HONGKONG DAILY PRESS.
FINANCE
FOREIGN MARKETS & QUOTATIONS
"MONEY AND EXCHANGE
CLOSING QUOTATIONS
JUNE 19, 1940.
On London:-
Telegraphic Transfer. 1/8 7/8 Bank Bills, on demand 1/23 7/A Credits 4 months' sight 1.3 1/2 On Shanghai;---
On demand
On Singapore:-
On Balgon
On demand
"
NEW YORK STOCK EXCHANGE
Shanghai Exchange
Shanghai, June 19 (Reuter). “
Official T/T. Baton
Bila & Co.
London
New York
Гарка
India
Paris
Hongkong
Celanese
QUOTATION
(REUTER'S SERVICE)
JUNE 19, 1940.
Northern Pacifo
-Owens-filinois Glass Co.
PAYNE & CO.
:
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY MARKET REVIEW
(FROM FAYNE & "CO.)
After ruling easier on outside liquidation, the market. closed quietly steady at the lower levels.
NEW YORK COTTON: The tightness of Spots is likely further to strengthen the market.
NEW YORK RUBBER: Reports of heavy arrivals caused some speculative liquidation. The Trade is aloof,
CHICAGO WHEAT: The rally is believed to be only technical, The future still depends upon the changes of war news. The wER- ther is favourable.
- NEW YORK STOCKS: Previous close, 122.80; Today's close. 123.21; Change, up 41.
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE) |
THURSDAY
JUNE 20, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital....... $50,000,000
INDIA, AUSTRALIA
AND CHINA
Issued & Fully Paid-Up $80,000,000 Incorporated by Royal Charter, 1958
Reserva Funda:
£6,500,000 Reserve Fund
Paid-Up Capital
Starling
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro Reserve Liability of
Proprietors
...$20,000,000
Head Office:-HONG KONG
11
Board of Directora: H.. V. Wilkinson, Esq,
Chairman Hon. Mr. J. J. Paterson,
Deputy Chairman. J. K. Bousfield, Esq. A. H. Compton, Esq., Hen. Mr. 8. E. Dodwell, G. Miskin, Esq., K. S. Morrison, E.,
T. E. Pearce, Esq.,
C. C. Roberta, Esq.,
Hon. Mr. A L Shields,
Bir Fandeleur M. Grayburn,,
Chief Manager.
Chefoo
Focobow
Branches:
Saigon
Kowloon San
£3,000,000
prietora
HEAD OFFICK: LONDON:
...£3,000,000
$8, Bishopsgate EC2
Sub-Agencies In London:
117/19, Leadenhall Street, E.C.x West End Branch:
14/18 Cockspur Street, S.W
Manchester Bennohis
52. Mosley Street, Manchester,· 3.'"
AGENCIES AND BRANCHES:
HARDIN
ALOR STAR
CALCUTTA
PENANG
HONG KONG KANGOON
AMRITSAR
MANGKUK
FLOILA
MAIGON
BATAVIA
IPOM
TOREMBAN
BOMBAY
KARACHI KLANG
SHANGHAL
BINGAPOR
AGENCIES: KOBE
BITIAWAN
VAILIS PLACE KUALA
BOUBABAYA
LUMPER
TAIPING
OWNPORN
KUCKING
TIENTSIN
TONGEAR
MAN LEA
(Bhuket)
MORELAN
TRINOTAÐ
CAT STRE
CANTON
COLOMBO
DELMI **
Francisco HAIPHONG
Lampur Shanghai BAMRUTEGI
Singapore HANKOF Sourabaya
Patani
Haiphong (Johore) Tientsin Bankow Mukden Tokyo
Hachin
Toile Ipoh
New York Tsingtao Peiping Yokohama Редак
MADRAS
NEW TORE PRIPING
(Peking)
TOKOHAMA
FOREIGN EXCHANGE and General Banking Business transacted
CURRENT Açoouare opened and FIXER DORIT received for One Year or shorter periods in Local os Other Currencies, at, rates, which will be quoted on application.
„ŠAVISOS ACCOUNT also opened in El Currency and Sterling it interest allowed at raten obtainabla on application.
The Bank's Head Offer In London
CORBEST
ACCOUNTS opened to LOCAL CURENNOX and FIXED DEPOSIT received for one year or shòrtar periods in Loes! and other - Our- rencies on terms which will be undertakes. Execntor and Trusies quoted on application
business, and olaims recovery of British Income Tax overpaio, on terms which may be ascertained at any of the Agencies and Branches.
R & GAMIDGE,
Manager,
Also up to date. Sara Dugosir Boxes in various sizes To Lar Hong Kong. 28th February, 1940,
STOCKS
Last Sale
STOCKS
Last Bale
"June" 18
Adams Express......
51
Kennecott Copper
June 18 281
Alleghany Steel Co.
223
Lakey Foundry
Mac.......
31
Allied Stores
57
Libbey-Owens-Ford Glass
33
Allis Chalmers
273
Lockheed Aircraft
201
385
Aluminium Ltd,
81
Loew's Inc.
231
Amer. Can ........
977
Loft Incorperated
25
On demand
52 3/4
American Cyanaald B.
33
Mack Truck Inc.
201
On Japan:-
Amer. & Foreign Power ...
11
Martin, Glen L
201
NEW YORK, June 18, 1940.
On demand
03
Amer & Forela $7 pl.
15
McKesson & Robbins, pfd. · 221
On India:--
American Gas & Elec.
311
Monsanto Chemical
924
Telegraphic Transfer.
SINGAPORE RUBBER
182 1/
Amer. Locomotive
133
| Montgomery Ward
39
and demand
Amer. Metals Co.........
142"
National Aviation
10
8 POT
On New York:-
Arier. Radiator ......
51
Bank Bills, on demand 12
Nat. Dairy Products
13
JULY-SEPT.
Credits, 60 days' night 23 3/8
Amer. Rolling Miri
11
Nat Distillers
19
OCT.-DEC.
Previous June 18
Close Opening Closing Change Buyers Buyers 38-1/4 37-1/4 38-5/8 of 1-5/8 37-3/836-1/4 35-3/8 of 3 cts,
34 cts. 35-1/8
33-1/8 off 2 ets..
Amer, Sting and.Ring Co.
38
National Gypsum..
On Batavia:--
On demand
41 1/4
Amer, Sugar Refining
14
National Lead .....
18
Amer. Tel. & Tel.
150+
Nat Power & Light
The market was easier. LONDON RUBBER
Previous close" Today's close
On Paris:—
Bank Bulls, an demand 1083 Credits 4 months' sight 1100.
Amer. Tobacco "B"
75%
National Steel Corp.
587
buyers
+ buyers
Amer. Waterworks
8
National Supply Corp.
SPOT
14-1/4
"13-1/2
Change of 1
Anaconda Copper ....
211
108 3/4 Atchison, T. & 8. Fo.
151
On Manila:--
On demand
44
Aviation Corp: .... Bacock & Wilcox..... Baldwin Lecometive
51
231
New York Central Niagara Hudson Power ¡N. American “Aviation”
North American Co......
JULY
-14-1/4
*13-1/4
off 1
AUGUST
..............
... 14-1/4.
13
of 1
OCT.-DEC..
JAN.-MARCH
12-3/4 12
11-3/4 11-1/4
off 1
off
Amor
Jobore Rangoon
Bangkok Hobe
15)
On Bangkok:-
Batavia
On demand......
................. 149 1/2
Baltimore & Ohlo
31
Bombay
Kuala
On Sterling Notes:-
Bank Buying Rate Bar Silver per os.
Barber Asphalt Co.
10
Pacific Gas & Bec
Calcutta
1/4
Barnsdall Ol
8
Pacific Lighting
Canton
Loudon
23 1/4
Bell Aircraft Corp.
15
Packard Motors
Lyons
Bendix Aviation
29}
Pan-American Airways
Cólamba Malacca
Bethlehem Steel
777-
Paramount Pictures
Dairen. Manila
Sungei
Muar
151
Swatów
Pennsylvania RIR
Boeing Airplane Co.
*131
Phelps-Dodge
Borg-Warner......
18
Philadelphia Read, Coal
Bridgeport Brass Corp....
91
Opening
Phillips Petroleum
+321
0/3-3/4
Briggs Mfg.....
161"
Pittsburg "Coke & Iron
Brooklyn-M'haftan
Tran.
18
5-3/4
Public Service of NJ,
Brooklyn-Manhattan $8....
Pullman Inc,
23-3/8
Budd M'facturing Corp.
37
Pure Oil
20-3/4
2.75 25
?
Canadian Pacide Rway
3
Radio Corpo, of Am.
#
Case, JI......
501
Reading Company,
Com
12
244
Remington Arms Co. Inc.
41*
Chesapeake & Ohlo
357
Republic Aviation Corp.
41
New York Cotton, July
Chrysler Corpn.
841
Republic Steel.
173
New York Rubber, July
.21.89
Cllmax-Molybdenum Co.
301
Revere Cop, de Brass Inc...
101
Chicago Wheat, Sept. no
781
772
773
Colts Patent Fire-Arms
81+
Reynold Tobsc.. “B”
381
Chicago Corn, Sept.
59%
591
Prev. Today's High Low Close Close Change: 10.28 10.02 10.06.10.2014 up 21.69. 21.80 21.500 .30 aff up up
784
591 597
Columbia Gas & Elea .....
52
Richfield Ou
T
New York. Hides, Sept.
10.37 10.10
10.19. 10.15 04 of
75*
| Safeway Stores
4011
NEW YORK COTTON
Close
Opening
Closing
Change
287
Schenley Distillery:
July
10.06707
10.03/02
10.20/20
.14 up
1
Bears Rostu Rk
704
261
|Shell Union: 012
81
Socony-Vacunum of
8+
*
July (New contract)... 10.31 N October i December*: (
10.27/27
10.44 N
13 up
>
9,17/18
9.34/36
:12; Up!
>...... 9.09/09 **
9.05/05
9.22/23
41.
Southern Pacific
January
38.97 N
8.33b/97a
·9.11 N
14 vi
171
Southern Rly $5 pid.......
181
March
(..)...... 8.83/83
8.80/30
8:94/94
11 Up
19
Sperry
391
May
A) 8.89/69
8.66/86
9.79/T9
10 up
491
spicer Manufacturing. Co. 26 y
Spot
Curtiss Wright (C)
ཀྭ་
11.03 N
.14 up
Standard Branda
51
Curtiss Wright “A”
Stand Gas & Elec...
14*
NEW YORK RUBBER
Deere & Co, ...
15+
Standard Of of California.
18)
July
21.05b/80a
Distillers Corpn. Seagrams
144
Standard Olof NJ.
951
September
Douglas Aircraft
734
Stone & Webster
7
December
21.50b/68a 19.12/15 17.89/90
30. of
Du Pont de Nemours.
161
Studebaker Com,
71
January
82
Swift International
187
March
29
Technicolor
101
May
311
Texis Corp......
381
***** 17.78 N
17.74 n 17.54
·17.47 n
.39 off 31 off 31 off
31
5
Texes Gulf Sulphur
.30%
CHICAGO WHEAT
Elec, Bond & Share $5. pl.
50*
Elec Bond & Share $0, D1.
Timken-Axle-course despre
23
July
60+
Trans-America Co.
September
Elec. Power & Light $7 p
201
20th Cent. Fox.
7
December
Fisk Rubber
10*
20th Cent. Fox, $13 pt. .....
151*
78/78... TIZATIE 781/781-
80/79 ...... 787/780 Monday's sales:-19,167.000 bushels.
778/774
773/772
ፃነ
781/781 784/79
Pintrote
127
Union Bag & Paper Corp. 11+
CHICAGO. CORN
Gen. American Trans.
451
Union Carbide & Carbon " #8
July
middle prices at the close of the
Gen. - Electric
31
Union Pacific
77+
September
442
United': Alreraft
404
December
601/601 611/611 614/611 591/591 507/591 591/591 281/561 5/72/511 57/57
up
up
PAID-UP CAPITAL $40,000,000, 08 |
114
up
United Airlines Trans
161
123
United Corpn.
17
WINNIPEG WHEAT July.....
71/71
in transmission:
12
United Corpn. $3 cum pf.
314 -
October....
74jb
£
Goodrich (BF.)
131
United Gas Corpn........
'2'
NEW YORK HIDES
War Loan 34% (Red
after 1952)
Goodrich $5 pr.
49*
United Gas Improvement
11
September
$5+
Goodyear Tire & Co.
16
V.B." Industrual, Alcohol,
174
*December
10.19/19 10.38/38
711b 1440
10.18/10 10:15/15 10,30/36 10.34/34
unch.
up
04 off
.04 of
Onton-Koon "Rly. 5% 8
Great Northern Iron Ore
14
US: Rubber
21
New York Official 34-3/4
Chinese 41% Gold Loan
Great Northern Rly, pfd.
211.
US. Rubber $8 pfd.
171
NY-London Cross Rate 3.65
34-3/4 3.62
Great Westem Sugar
21+
US. Steel
531
Greyhound Corpn,
-11
Vanadium
33
43
Hercules Powder Co,
"88
Vuitee Aircraft
73*
Homesteke Mining
46
Spot. 23-1/41.
Walworth Co.
31
International Harvester
392
Warner Bros. Pict
21
Int Nickel
237
Westinghouse Mec,
DO
Inter. Paper & Power
12
Woodward Eren Car,
247
Int. Tel & Tel
34
Chise National Bapk
1913 (Ldn I4.). ...............
Johns-Manville
51
National City Bank
Chinese 8% Ster. Notes,
1925 (Vickers)
J. & Laughlin Steel ST pfá.
B
"unin. Imperial Rly, 5%
Loan
#bid
1-ex, div.
56
Homan. Fig. 59
1039/40
: June 19, 1940.
Spot
Juge
July
Spot
July
July
Sterling
Sellers
Opening Closing 0/3-15/16. 0/3-20/32
· 073-15/16 ̧0/3-29/32
0/3-7/8 0/3-27/32 U.S. Dollars
$5-29/32 $5-13/16 3-29/32 5-13/16
5-3/4 : 5-91/32
Market: Quiet.
Calcutta Exchange
Calcutta, June 18" (Reuter),
TT Japan, 93-374.
India Rupee Paper
Bombay, June 18 (Reuter). Government 34% Rupee, 88-04-0.
nominal
Columbia 6% "A" pl. Commercial Credit. Co. Com, & Southern (Ord) Consolidated Edison Consolidated Of
· Continental, Can
Continental Of
Copperwald Steel Corn Products
Eagle. Picher: Leed
Eaton Mig Co.
Elec. Autolite
LONDON STOCK Elec. Band & Share
EXCHANGE
(REUTER'S SERVICE)
́ ́London, June 18.
The following quotations are the
market in London. All quotations Gen. Motors
"are" subject to confirmation and no Gen. Railway Signal responsibility is assumed for errors | Chen. Tire & Rubber
Glidden Co.
1898 (Brit. Isae)
Chinese 5% Gold Bonds.
1925-4T,,:,,5545ཎརམ
Chin, 41% Anglo-French
Loap, 1908
Chinese 5% Crisp Loan,
Chinese 5% Reorg, Loan,
9.32/23
Total sales Monday:-33,800 bales,
21,80/86
19.51/55 18.20b/25a 18.05 N 17,85 B
19.10/18.90 17.50/50, *unquoted.
Total sales:-1,030 tons,
SILVER MARKET
LONDON SILVER
London, June 18 (Reuter). Silver-Bear covering for cash and speculative selling for for- ward. Business mail. Market quiet. In the afternoon, the mar- ket was quietly steady.
Forward, 21-1/20
BOMBAT SILVER
13, up
599
Bombay, June 18 (Reuter). Market Bteady. Offtake 200 bars Indian Mint Silver Ready 20 July 2 Settlement July 30 Settletrient
61-07 $1-06 61-06
HONGKONG SAVINGS
BANK
The Business of the sbora. Bank in conducted by the HONGKONG & SHANGHAI BANKING COR PORATION. Rules may be obtain- ed on application.
For the HONGKONG & SHANGHAI BANKING CORPORATION.
V. M. QRAYBURN,
Chief Manager. Hong Kong, 28th Feb., 19039;
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMEN
OR CHINA 18 AN INTERNATIONAL EXCHANGE
BANK
(BRANCHES ALL OVER CHINA)......
THE "CHASE BANK
15 QUEEN'S ROAD, CENTRAL
YHRAD OFFICE: {
An
1& BINE BEZEN D
NEW YORK.
American Bank offering com plete Foreign Banking, Service in the principal Markets of the world. Interest Bates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by
THE CHASE NATIONAL BAKE NEW YORK, with Resource of ove U.8.$2,900,000,000.
D. M. BIGGAR,
Second Fios Pres
BANK OF EAST ASIA,
·LAMINUERD
Owing to our numerous Branches Authorised Capital 10,000,000:00:
*****............6,598,800.00
in China and, connections, in the Paid-Up Capital principal Commercial Centres of Reserve and Undivided the World, we are able to extend Profts
to our Clienta special facilities for
Domestic and Foreign Banking and Exchange.
Head Office:-SHANGHAI
Hong Kong Branch:
4. QUEEN'S BOAD, Q. South China Offices:
CANTON
SWATOW
SHLUCHOW
KONGMOON TOISHAN
KINGCHOW
We also handle the imus of Bonda and other Eublic Funds of the Chinese Government both at Home and Abroad,
SHOUJ CHEN
Manager
--------- 2,053, 231.50
**Head Office:--HONG KONG No. 10 Des Voeux Road, Central. Board of Directori
812 SHOPSON Cnow, Chairman Li Koon Chun, Begi Li Lan Bang, Eig P.K. Kyok. Bet
Wong Tan Tong Lagu Kas Ying Boy Bag Chan Ching Sheik, Bog, Fang Ping Wall Eas KAN TONG Po, Esg, Chief Hanger LT TE FONG, Esa, Manager
Branches and Agencies:
Singapore
Hukuang 'Rly, 5%, 1911...
(LP, N/Y Issue) Bukuang Rly. 5%, 1911:
(German Issuḥ),
Lang Tsing & U Hai:
Rly. 5%, 1913
thai-King RZ BA ... 13 Tientsin-Pukow Rly. 5%
(Bzil. Stpd.) Tientsin-Pukow Rly. 6%.
(German 8tpd.) Tientsin-Pukow Ris, 5%
(Brij. Sipd. Supl, Loan) - 9 Tientain-Pukow, Rly, 5%
DOW JONES: AVERAGE
High., Low Dow Jones Averages June. 17, High Low Close Change
186.92 11484 30 Industrials
35.90 12:16 20 ́ Raili
27,70 19:03 20 Utilities.
12-83 06:40 Bonda
129.80
$15.04. 20.60 £1.25
66 67 45.59 11 Commodity Index 69.33
196.31 193.35 -122.33.4) 28.16 25.14 25 63 59
·91.08 90.85) » 20,79)
85.03.
09
Business Dones-720,000 shares.
INDO-CHINA
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Local
STEAM NAVIGATION COMPANY IT Carrancy and Fixed Deponita re-
Operating Services for Cargo and Passengers
KOHE and OBAKA
SINGAPORE PENANG and CALCUTTA
BANDAKAN
HALPHONG
Gala Kalumpong Rubber 15 Allied Ironfounders
10 Azzo. & Fles, Industries 31/3 "Austin Motors, ord
Tate & Lyle
Turner & Newall.
United Steel wegman
40 51/103 /15/6
TO
SWATOW, SHANGHAL TSINGTAU, CHEBOO
10.
Smethwick Drop #pr. 12/6.
and TIENTSIN
Gable & Wireless, New
Forp, ord.00
Armstrong Stevens, ord. 5/6
344
Pressed Steel, com......
11/3
• (Ger; Stpd. Bupi Loan)
9
B.-A. Tob, (bearer)......
71/3
Vickers, orde....................
11/6
Jap. 5% Bter. Loan; 1907
Mercantile Bank .....
121
Woolworths
45:..
Jap. 0% Ster. Loun, 1924
34
Cammell Laird, ord.
4/0
Anglo-Dutch
17/8
Ger, 1% Intl. Loan, 1924 Chartered Bank
Mexican Eagle
2/9..
Enb. Plant. Invest, Trúst
23/3-
All steamers berth alongside
HK ghat Bank (Lán.
*Reg.]**
པ་་་3ཀྭན
#K & 8hal Bank....(Ool.:
Reg)
Chinese Eng. «de- Mining - (a) (bearer);
Chosen Corporation. (2/8/8° Pekin Byndicate
-What Fisc. Constr. Co........ 157
Bhat Waterworks Union Insurance
-Dunlop Rubber..............
Gen Electric (England) Guinness (A) Bon & Co. 58/6⠀ Hawker Siddeley Alrc.... 9/8 Bristol Aeroplane/4 Imperial Chemical Ind. -24/1 Imperial Tobsted
-81/3 Marks & Sp'car "A" ord, 32/91 Rolla Royce
57/8 Leyland Motors
40%
Ang bearer).
Courtaulds ... 22/3 Distillers
Burma Corporation
the Roosevelt Terminal in
6/9
the French Cononasionat
51/3
Commonwealth.” Mhilig
Bhaoghal, where pas
21/9.
Maraman Investments
and cargo are intidad.
81/3
Bandfontein Estates
30
Western Holdings
......
For fort
Sub-Nigel
157/0
Tanami Gold. Lining:
Anglo-Iranian
Burman
Shell Trans
ceived fator.can year or shorter periods in: Focal; and Foreign Car- Torgies.bg terms, which will be quoted on application
AFE LEPOSIT BOTH TO L
KANTONG PO,
Chiet Manager.
THE KWANGTO
PROVINCIAL