STOCKS
Last Sale
- STOCKS
June 20
Last Sale June 20
Adams Express
31
Kennecott Copper .....
27+
Alleghany Steel Co.
211
Lakey Foundry & Mac. .
3*
Allied Stores ....
в
Libbey-Owens-Ford
Glass
33...
Allis Chalmers
28
Lockheed Aircraft
251
"Aluminium Lid,
582
Loew's Inc.
231
Amer. Can
98**
Loft Incorperated
25
War Loan, 3% (Red - after 1952)
987
American Cyanamid B.
33
Mack Truck Inc.
201
Amer. & Foreign Power
1
Martin, Glen L
281
Canton-K'locn Ris. 5%, 8 Chinese 4% Gold Loan
NEW YORK, June 20, 1940.
Amer Foreign $7 pf.
15
McKesson & Robbins, pt4. 20
American Gas & Elec.......
311
Monsanto Chemical
023
1898. (Brit. Issue)...... Chinese 5% Gold Bonds,
43
SINGAPORE RUBBER
Amer. Locomotive
13
Montgomery Ward
391
1925-47 ..
43
SPOT
Amer. Metals Co.
14
National Aviation
10
Chin., 41% Anglo-French
JULY-SEPT.
Amer... Radiator
...
53
Nat, Dairy Products
137
Loan, 1908
44
OCT.-DEC.
Amer. Rolling Mi
11}
Nat, Distillers .....
!བྷཎྜཱ "
Chinese 5% Crisp Loan,
Amer. Bring and Ring Co.
371
National Gypsum
1912
17
The market was quiet, LONDON RUBBER
Amer, Sugar: Refining,
*141*
National Lead
174
Chinese 5% Reorg.. Loan.
Amer. Tel, & Tel........
157
Nat, Power & Light
7
1913 (Ldn. Is.)
24.
SPOT
Amer. Tobacco "B"
151
National Steel Corp.
5811
Chinese 8% Ster. Nates.
JULY
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
JUNE 21, 1940.
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, June 20. 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.
E
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG®
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
Previous June 20
Close Opening Closing: Change Buyers
36-1/8 36-1/436-1/8
RONGKONG"
SATURDAY, JUNE 22, 1940.
BANKS
SHANGHAI THE CHARTERED BANK OP
BANKING CORPORATION.
Authorised Capital, 850,000,000
INDIA, AUSTRALIA:
AND CHINA
Issued & Fully Paid-Up $90,000,000 Incorporated by Royal Charter, 1854.
Reserve Funds:
Paid-Up Capital-. .....£3,000,000 Sterling
£6,500,000 Reserve Fund H.K. Currency Reserve $10,000,000 Reservs Liability of "Pro- Reserve Liability of
priators
Proprietors
000,000
Head Office:HONG KONG
Board of Directora:
H. V. Wilkinson," Esq.,"
Chairman. Hon. Mr. J. J. Paterson,...
Depisty Chairman,
J. K. Bousfield, Esq., A. H. Compton, Esq., Hon. Mr. 8. H. Dodwell,
G. Miskin, Esq.,
K. 8. Morrison, Esq.,
T. E. Pearce, Esq.,"
C. C. Roberts, Esq.,.
Hon lì A I Shieldo
£5,000,000
£3,000,000
HEAD OFFICE: LONDON:
38, Bishopsgate E.0.2
Sub-Agemoles In London:
* 117/122," Leadenhall Street, E.Q.S. West End Branch:
14/18, Cockapur Street, B.W 1. Manchester Branch:
53, Mosley Street, Manchester,
AGENCIES AND BRANCHES:
HARBIN
PENANG HONG KONG BANDOON
| ALOR STAR AMRITSAR
Chief Manager O KUALA
Buyers
unch.
35-1/2 35-5/8 35-5/8 32-7/8 33.cts.. 32-7/8
up 1/8
unch,
Previous close Today's close
BANGKOK BATAVIA
ILOILA
SAIGON
IPOH
KEREMBAN
buyers
buyers
Change
BOMBAY
KARACHI
BHANGHAI
13-1/2
13-1/4
13-1/4N
13-1/4
off 1/4 wich.
CALOUTTA KLANGL
SINGAPONS
Bir Vandeleur M. Grayburn,
AGENCIES: KON
SITIAWAN
Amer, Waterworks
81
National Supply Corp.
*57
1925 (Vickersj
AUGUST
13
13
FATALIN PLAN
BOURABAYA
CANTON
LUKEUS
TALPING
Anaconda Copper
211
New York Central
111
Chin. Imperial Rly. 5%
OCT.-DEC.
......
******
11-3/4
11-3/4
Branches:
GA WAPORS
KUCHING ANTIESTAIN
Atchison, T. & S. Fa.
151
Niagara Hudson Power
41.
Loan
56
JAN-MARCH
11-1/4N11-1/4"
Amoy
Aviation Corp.
#
N. American Aviation
*17
Honan Rly, 5%
12
Bacock & Wilcox
Baldwin Lecpmotive
23
North. American Co.
18
Hukuang Rly. 5%, 1911...
152
Northern Pacific
54
(LP. N/Y Lasue)
14
Baltimore & Ohio
34 *
Owens-linols Glass Co.
47.
Rukuang Rly, 5%. 1911
Barbey Asphalt Co.
10
Pacific Gas & Elec
201
(German Issue)
11
Barnsdall OLI
B
Pacific Lighting
39
Lung Toing & U. Hai
Bell Aircraft Corp.
16
Packard Motors
3+
Rly. 5% 1913
11
Bendix Aviation
281
Pan-American Airways
141
8hal-N'King Rly. 5%
15
Bethlehem Steel
75%
Paramount Pictures
51.
Tientsin-Pakow Rly, 5%
Bliss Co.
15
Pennsylvania R.R.
18+
(Brit. Stpd.)
9
Boeing Airplane Co.
14
Phelps-Dodge
29
Tientsin-Pakow Rly. 5%
Borg-Warner
16
Philadelphia Read, Coal
(German Styd.)
Bridgeport Brass Corp....
$1
Phillips Petroleum
..321
Tientsin-Pukow Rly, 5%
Bringa Mig.
17
Pittsburg Coke & Iron ...
(Brit. Stpd. Supl. Loan)
.9
Brooklyn-M'hattan Trans.
18)
Public Service of NJ.
344
Tientsin-Pakow Rly. 3%
Budd M'facturing Corp.
31
Pullman Inc.
20+
(Ger. Stpd. Supi. Loan)
9
Canadian Pacific R'way
3
Pure Oil
72
Jap. 5% Ster. Loan, 1907
Oase, *71.
30
Radio Corpn. of Am, ................
41
Jap. 6% Ster, Loan, 1924
Celanese
26
Reading Company,
Com
12
Ger. 7% Intl Loan, 1924 5
Chesapeake & Ohla
361
Remington Arms Co., Inc.
41
Chartered Bank
Chrysler Corpn.
$21
Republic Aviation Corp. in
44
HK. & 8'hat Bank (Ldn.
Cumax-Molybdenum Co.
201
Republic Steel
17
Reg.)
68
Golts Patent Fire-Arms
79*
Revere Cop. & Brass Inc.
91*
HK. & 8hai. Bank (Col.
Columbia, Gas & Elec.
51
Reynold Tobac. "B"
36
Reg ཀོ*1༦༤!
73
Columbia 8% “A” DÍ. .....
75*
Richfeld ON......
71..
Chinese Eng. & Mining
Commercial Credit Co.
284
Safeway Stores
41
(bearer)"
17/6
Com, & Southern (Ord.)
14
Schenley Distillers
81
Chosen Corporation
6/8
Consolidated. Edison ..............
26
Sears Roebuck.
717
Pekin Syndicate
2
New York Cotton, July New York Rubber, July Chicago Wheat, Sept. Chicago Corn, Sept. New York Hides, Sept. NEW YORK. COTTON July
Consolidated Oll
-61
Shell Union 01-
Bt
Shal Elec. Constr. Co.
15
July (New contract) October
Continental Can
.41A
Socony-Vacunum. Oil
87
6hat Waterworks “A” ..
14
Continental Di
17#
Southern Pacific
BL
Union Insurance
.........
23
December {
Copperweld Steel
--19
Bouthern Rly $5 pid
181
Gula Kalampong Rubber
15
January
Corn Products
50
Sperry
....
381
Curtiss Wright (C.)
Spicer Manufacturing Co. 27
Curtis Wright "A"
247
Standard Brandı
5米
Allied Ironfounders ..... Asso. & Elec. Industries Austin Motors, ord.......
9
March
30/8
May
8/9
Spot
Deere & Co. .....
15
Stand Gas & Elec,
11
Cable & Wireless, New
Distillers-Corpn. Seagrams : 14
Standard Oll of California, 181
Form, ord. todiangina
32
NEW YORK RUBBER
Douglas Aircraft
70
Standard Ol of N.J.
33
B-A Tob, (bearer)
68/9
July
Du Pont de Nemours.
1611
Stone & Webster
Mercantile Bank
12
September
Eagle Ficher Lead
81
Studebaker Com
7
Cammell Laird, ard.
4/71
December
Baton Mig, Co., Gimmu
287
Swift International
19
Mexican Eagle”
2/9
January
Elec, Antolite
30
Technicolor
97
Courtaulds.....
22/3
March
ec. Bond & Share
51
Texas Corpn.
37
Distillersanı
52/6
May
Elec. Bond & Share 15 pt.
53
Texes Gulf Sulphur
30
Dunlop Rubber.
21/8
* Total sales:-1,110 tons.
Elec Bond & there $8 pf.
631
Timken-Axle ......
231
Gen. Electric (England)
60/8
CHICAGO WHEAT
Elec, Power & Light $7 pf.
281
Trans-America Co.
41
Guinness (A) Son & Co..
58/8
July
Fisk Rubber .....
103.
20th Cent. Fox.
B2
Hawker Siddeley Airc. ..
8/6
September
Funtkote
13+
20th Cent. Fox, $1) pl.
184:
Bristol Aeroplane
8/12
December
Gen, American Trana.
451
Union Bag & Paper Corp.
113
Imperial Chemical Ind. 23/3
Gen. Electric
311
Union Carbide & Carbon
681
Imperial Tobacco
78/9
Gen. Motors
437
Union Pacific
79
Marks & Sp'cer "A" ord. 32/3
July".
Gen. Raliway Signal
113
United Aircraft
38
Rolls Royce
49/9
September*
Gen. Tire & Rubber
121
United Airlines Trans
161
Leyland Motors
35/8
December
Glidden Co.
12.
whited Corpn...
2.
Tate Lyle
40/6
WINNIPEG WHEAT
Goodrich (BF)
121
United Corpn. $3 cum pt. 32
Turner & Newall
50/8
July
Goodrich $5 pf.
·484* ·
United Gas Corpn...
17
United Steel
15/3
October
"Goodyear, Tire &C.
151
United Gas Improvement
111
Smethwick Drop Forg. .......... 12/8
NEW YORK HIDES
Great Northern Iron Ore
14
U.B., Industrual Alcohol
17ł
Armstrong Stevens, ord. 5j8...
September
Great Northern Rly, pfd,
211
US. Rubber
· 20
Pressed Steel, zba,
10/71
December
Great Western Sugar
21*
US. Rubber $8`pfd.
774
Vickers, ord.
11/8
New York Official
Greyhound Corpn.
1111
US. Steel
521
Woolworths
40/8
Hercules Powder Co...
871
Vanadium
314
Anglo-Dutch
18/6
Homestate Mining
451
Vultee Aircraft
71*
Rub. Plant. Invest. Trust 22/9
International Harvester
38.
Walworth Co. “.....
31.
Burma Corporation
6/9
Int: Nickel
23+
Warner Bros. Pict
24
Commonwealth ---Mining-
Inter. Paper & Power ...n
124
Westinghouse Elec
921
Maruman Investments ...
.9/44
Int, Tel. & Tel
3.
Woodward Iron Cor.
24"
Randfontein Extates...
31/3
Johns-Manville
62+
J. & Laughlin 8teel $7 pfd. 601
Chase National Bank National City Bank.
272.
231*
Western Holdings ...... Sub-Nigel
竹
Burmah
160
Tanami Gold Mining. Anglo-Iranian
వేడి.....
30/8
Shel Trans & Trad.
((bearer)
-Nominal
t-ex. div.
DOW JONES AVERAGE
-June-21, 1940.
High Low Dow Jones Averages Jane. 18, High Low Close Change
1039/40
155.99 111 84 30. Industrials
113.86
35.90 29.15 20 Raila
17.70 18 03 20 Utilities
25.73 21.02
2829 8306 40 Bonds
80.14
85.87 45.59 11 Commodity Index - 52.75.
LONDON STOCK.
EXCHANGE
LONDON, June 21, (Router) On the Block Exchange yesterday, gilt edged holdings were active and rose on continued demand,
Industrials were narrowly irre-
Foreign holdings were more ac Live on the removal of the ban on dealings in certain securities. Olle were easy. Shell and trans port holdings declined following the announcement that there will be no further dividend for 1939.
Wall Street was narrowly irre- gular
-192.79 121.95 12236 1.81 Ddf 26.91 25.38851. .22 off
21.47 20.99 21.3008 offi
* 88.40
38 up
After ruling irregular, the market closed quiet.
NEW YORK COTTON: The early advance attracted more: ac- tive July liquidation and heavy Southern selling. The poor ex- port outlook and the uncertainty of war news are disturbing fact- tora. According to a survey made by the NY. Cotton Exchange ser- vice, a decline of more than 5,000,000 bales in the annual rate of. world consumption is threatened by the recent war area.
NEW YORK RUBBER: Trade shorts were buying on a thin mar- ket. The Trade is watching Far Eastern developments closely.
CHICAGO WHEAT: Weather and crop news are moderately bullish, but outside interest is disappointing. Good rains are need- ed over a wide area in the South-West to allay apprehension.
Previous close, 123.86: Today's close. NEW YORK" STOCKS: 122.35% Change, of 1.51.
NY-London Cross. Rate 3.58-1/4
LONDON GOLD "London; June 20 (Reuter). Bar. Gold, Fine per oz, 158.
.19 off
19. þm. 2.07 off
.05 of
05 off
LONDON METALS
EXCHANGE
London, June 20 (Reuter), Tin. Standard, Cash, Middle Price, 272-1/4-
Tin, Standard, 3 months, Middle Price, 275-1/4
INDO-CHINA
69.8319 off TEAM NAVIGATION COMPANY LTD.
Business Done 500,000 shares
SILVER MARKET LONDON SILVER
2. London, June 20 (Reuter), Silver Little general selling. Poor support, business very small. Market quist In the afternoon the market was Idle.
Spot, 22-13/101 Forward, 1-3/4"
·BOMBAY SILVER
Bombay, June 20 (Reuter).: Market Quiet, Ontake 100 bars.
Ladian: Mins Silver
Ready July 2 Bettlement
aly 30 Settlement:
62-01-
... 82-00
62-01
Operating Services for Cargo and Passengern
TO-
SWATOW, SHANGHAL, TSINGTAU, CHEYOO
and TIENTSIN
KOBR and
OBAKA.
SINGAPORE, PINANG and CALCUTTA -
SANDAKAN
HAIPHONG
All steamers berth alongside
the Roosevelt Terminal "în the French Concession at Shanghai, where passengers
and cargo are landed.
For further particulars
plssss apply
ARDINE I TELEPHONE.
Dairen Foochow Haiphong Bankow Harbin
London a Singapore HANKOW (Peking)
Penang
FORON Exogange and General Banking Business transacted.
CURRENT Accoustes, opened, and FIXED DEPOSITE received for us Year or shorter perioda in Local or Other Currencies at rates which will be quoted on application. ""
SAVINGS Accounts also opened in Local Currency and Sterling with CURRENT ACCOUNTS opened in interest: allowed at rates obtainable Local CURREsox and Fixed Doston application.***** ressived for one year or shorter
The Bank's Head Office in London periods in Local and other Cur
terms which will be undertaken Executor and Trustes rencies on
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.
RACAMIDGE,
Also up to date Sara Deposit Boxes in various sizes To Lar Hong Kong, 28th February, 1940.
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the HONGKONG SHANGHAI BANKING COBA PORATION. Rules may be obtain ed on application.”
For the HONGLONG & SHANGHA
Banking CospOBATION. <--
V. M. GRAYBURN
Chief Manager. Hong Kong, 25th Feb., 1930.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AB AN INTERNATIONAL EXCHANGE
BANK PAID-UP CAPITAL $40,000,000.00 (BRANORES ALL OVER CHINA) Owing to our numerous Branaber 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 anë Exchange.
Head Office:-SHANGHAI
"Hong Kong Branch:
4, QUEEN'S ROAD, C. South China Offices:"
CANTON
KONGMOON TOISHAN
KINGOHOW.
Manager,
THE CHASE. BANK
25, QUEEN'S ROAD, CENTRAL
HEAD OFFICE;
An
18, PINE STEET,
S POKRENEW YORK
American Bank offering com plete Foreign Banking Service in the principal Markets of the world. But
Interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by Dan CHASE NATIONAL BANK, *New York, with Resources of avst
U.B.$1,900,000,000.
D. M. BIGGAR,
Escond” Fips" "Praš
BANK OF EAST ASIA, LIMITED
Authorised Capital..............$10,000,000.00 Paid-Up Capital .........: 6,508,600.00 Reserve, and Undivided
¿Proßts „.............................2,983,261,50
Head Office: HONG KONG No. 10 Des Voeux Road," Central.
Board of Directors: Sin SHOUSON Crow, Chairman Lá Koan Utna, Bag. Li Lan Sang, Egur P. K. Kwok, Faqja "Wone Cha Sam" Buq. Wang Tun Tong, Bag, Kan. Ying Folge Chan Ching Shel, Bog, Fung Flag Wah Leg KAN TONG Po, Esa Chief Manager Li Ta FONG, Esq, Manager
Branches and Agencies:
We also handle the issue of Bonds and other Publis Funds of the Amoy
B Chinese Government both at Home Tomba and Abroad,
SHOU J. CHEN,
Manager
THE MERCANTILE BANK OF INDIA LIMITED
Head Office-15, Gracechurch Streets CONTRA London, ECA Authorised Capital or artist and
£5,000,000 Achscibed Ospitale
BANKARSİ
The Bank of England and, Midland
Bangkok
Borbay
· Delhubo
@Randy V
Haiphong Hankow
· Evory description of Banking and | Exchange business transacted. Loans
granted on approved securities
Current Accounts opened; in Local Currency and Fixed Deposite- re- ceived for one year by shorter periods in Local and Foreign Cur reuzes on terms which will be quoted en application
SAPE LEPOSIT Bozze To L'T
KAN TONG PO
Omet Manager.
Konda "Trang guru THE KWANGTUNG PROVINCIAL New York
Howrah Kuala Lumpur: (Alagapóra- HONG KONG BRANCH: "Every danezīstiet (of: Banking" and Kasházgy
TRUSTEE AND EXECU
SOPRALLUNDRETAKEN
CURRENT. ZOOQUETE. opened in TOOTJANA TEZXED DEPOSITH Thonly úd: in Länsi
demeral Banking Facilities said Financial Agents be
The Provincial Government of Kwangling fr
* Mead Offen-Blisseyan; 2 wangbang Provinios
Gallo AdderinG=FPROVINCIA)
Bangkok
Johore Koba
Rangoon Baigon
COLOMBO
·MADHAN
MANILA
TONGKAN
(Bhuket)
Batavia
Kowloon
San
DELHI
MEDAK
TRINGTAO
Bombay
Kuala
Francisco HAIPHONG
Calcutta
Lumpur Shanghai HAMEDEO
“...NEW YOKI
PRIPING
TOKOHAMA
Canton Chefoo
Lyons
Sourabays
Colombo
Malacca
Sungei
Manila
Patani
Muar
Swatow
(Johore) Mukden New York
Tisntain
Tokyo
Taingtao
'Iloilo
Ipoh
ין
Paiping Yokohama
"
NEW YORK COMMODITY MARKET (REUTER'S SERVICE)
Close 10.34/34 ."10.58 N 9.49/49
Prev. Today's
Close High Low
Close Change 10.40 10.15 10.34 1015 19 of 22,83 22.40 22.10 22.60b50 up 79+ 788-781 * 784 à off 60+ 541 B01 50% off .10.75 10.37 10.45 10.40 .05 of
Opening 10.36/36
Closing
Change
10.15/16
9.33/33
unquoted 9.48/48 9.35/35
10.30 N "8.42/44 9.28/28
(n) 9.19/19
9.206
29.04/04
9.04/04
8.44n 8.08/98
.06 off
8.89/89
8.89b/906 / 8,830
08. off
11.14 N
10,87n
27 off
Total sales Wednesday:-32,900 bales.
22.10/10
12.25b/50a 22.60b/65a
סט 50.
19,70/70
19.90/20.00 20.00/00
.30 up
18:40b/45a
18.82/82
18.80/80
40 up
18.25 N.
18.40b/858
18.65 N
40 up
18.05. IN
18.45 ..N
.40 up
·17.98 N
18.38, N
40 up
781/78/ 78/781
181/781 781/781
..... 791/791
79/791
78/781 781/781 791/79
off
885
Off
off
Wednesday's sales:-15,240,000 CHICAGO COEN
bushela.
02/82
G2/62
611/62
60/60/
$97/593
of off
579/571
574/571
571/571
tinch,
7148
713/714.
743
10.45/45
10.68/68 $4-3/4
71ja 741/741
10.41b/488. 10.40/42 10.70/70
off
10.85785 34-3/4 3.54
.03 off
SWATOW
SHIUCHOW
41/3
37/8