STOCKS
STOCKS
Last Sale
i
June 23
June 22
Adams Express Alleghany Steel Allied Stores
51
Kennecott Copper"
28
22
Lakey Foundry de Mac,
31
51
Libbey-Owens-Ford
Glass
334
274
Lockheed Aircraft
261
360
Aluminium Ltd,
58,*
Loew's Inc.'................
231
On Singapore!----
Amer. Can m
98*
Loft Encorperated
45
On demand
***** 58 3/4
American Cyanamid B.
327
Mack Truck Inc.
20"
On Japan:----
Amer, & Foreign Power ...
1.
Martin, Glen L
29
NEW YORK, June 22, 1840:
૩૧
AmerForeign 37 pi
153.
McKesson & Robbins, pfd.
201
American Gas & Elec..
314
Monsanto Chemical
913.
SINGAPORE RUBBER
Transfer.gg 1/2
Amer, Locomotive
134
Montgomery Ward
39
Amer. Metals 00. in ven
134-
National Aviation
10°
SPOT......
Amer. Radiator" .......
Nat, Dairy Products
134
JULY-SEPT
Amer. Rolling Mul
111
Nat, Distillers
20*
OCT.-DEC.
Amer, S'ting and Ring Co.
37
National Gypsum .....
Amer. Sugar Redning
15
National Lead
"16‡*
Amer. Tel, & Tel.....
156
Nat, Power & Light
74
Amer. Tobacco "B"
753
National Steel Corp.
58
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
JUNE 22, 1940
On London:-
Telegraphic Transfer. 1/9 7/8 Bank Bills, on demand 1/2 7/A Credits 4 months' sight 1/3 1/9
On Shanghali-
On demand.....
On demand.......
On India:-
Telegraphic
and demand aydina)
On New York:-
.4
Bank Bills, on demand 21.3/4 Credits, 80 days' night 23 1/8
On Batavia:—
On demand
On Parks:-
**** 40 5/8
NEW YORK STOCK EXCHANGE
Allis Chalmers
QUOTATION
(REUTER'S SERVICE)
JUNE 23, 1940.
Last Enle
PAYNE & CO.
COMMODITY BROKERS - STOCK EXCHANGE BUILDING·
HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
MONDAY, JUNE 24, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital... $50,000,000
INDIA, AUSTRALIA
AND CHINA
Issued & Fully Paid-Up $90,000,000 Incorporated by Royal Charter, 1858
Reserve Funda:
Paid-Up Capital £6,500,000 Reserve Fund
Sterling
Reserve Liability of Proprietors.......
I.
£3,000,00€ .....£3,000,000
£3,000,000
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro
prietors
HEAD OFFICE; LONDON:
...$90,000,000
Head Offlos:—BONG KONG
Board of Directors: H. V. Wilkinson, Esq.,
Chairman. Hon. Mr. J. J. Paterson,"
* Deputy Chairman. J. K. Bousfeld, Esq., A. H. Compton, Esq., Hon. Mr. S. H. Dodwell, G. Miskin, Esq.,
38, Bishopsgate E.0.8. Sub-Agencies In London: 117/193, Leadenhall Street, E.0.x West End Branch; 14/18, Cockapur Street, 8.W.1. Manchester Branch:
52, Mosley Street, Manchester &
PENAMO
AGENCIES AND BRANCHES:.......
KABRIN TONG TONG: 2300GN
SAIGON
ALOS STAR" AMRITUAR
June: 22
Previous
Close Opening Closing Change.. Buyers Buyers
36-3/4 36-3/4 37 *cts. 36-1/4 38-1/4 38-5/8 33-5/8 ·33-3/8 34-1/4
up 1/4...
up 3/8
up 5/8
K. S. Morrison, Esq.;
-The market was quiet but steady. LONDON RUBBER "
T. E. Pearce, Esq.,
BANGKOK. ILOIL
Previous close Today's close
-buyers buyers
O. C. Roberts, Exq
BATAVIA
IPOE
SERMMDAN
Hon. Mr. A. L. Shields,
BOMBAY
KARACHI
SHANGRAI
Change
QALAUTTA. - KLANG
SINGAPORT
Bank Bills, on demand 1085 Credits 4 months* sight 1150
Amer. Waterworks .......
9
National Supply Corp.
54"
B PO T
e poi um 13-3/8
Sir Vandelenr H. Grayburn,
AGENCIES: 50
SITIAWAN
Anaconda Capper
21"
JULY
New York Central
117
On Balgon:--
On demand
"
108 3/4
A:chisch, T. & S. Ta
104
Niagara Hudson Power
AUGUST
47
Aviation Corp.
5+
IN. American Aviation
OCT.-DEC.
171
......
On Manila-
On demand
43 1/2"
Bacock & Wilcox
241..
North American Co.
19t
JAN.-MARCH
13-1/4 13 11-3/4 11-1/4
Chief Manager, SS KUALA
SOURABAYA
Fazki PLATE
MARKET CLOSED
GANTON
LUMPUR
·TAIPING
Amey
Branches: Johore v
CAWMPOKE
KUCHING
TLINTRIN
Bangkok
Kobe
On Bangkok:
Baldwin Lecometive
151
Northern Pachic
On demand
149 1/2
Baltimore & Ohio
31.
Owens-linols Glass Co.
46*
On Sterling Notes:-
Barber Asphalt Co.
10+
Pacific Gas & Elec
28)
NEW YORK COTTON: The strength of the Spot position and liberal price-fixing for nears are likely to result in July further widening over new crop months.
Batavis
Rangoon Saigon Kowloon San
CEBU COLOMBO DILUI
MADBAN
TONGKAH
MANILA
(Bhuket)
MRDAN
TSINGTAO
Barik Buying Rata -...
1/0 1/4
Barnsdall Of
.71"
Pacific Lighting
381
Bar Silver per oz.
22 7/18
Bell Aircraft Corp.
Packard Motors
31
NEW YORK RUBBER: Traders are concerned over Far Eastern developments.
1:
Bendix Aviation
28
Pan-American Airways
141
Shanghai Exchange
Shanghal, June 22 (Reuter),
Oficial T.T. Rates
Bethlehem Steel
761
Paramount Pictures
CHICAGO WHEAT: Local professional traders and commission houses are buying on North-West weather and crop news,
Bliss Co."
151
Pennsylvania RR.
181
Boeing Airplane Co.
141
Phelps-Dodge
28+
NEW YORK STOCKS:
Previous close," 122.81; Today's close,
Borg-Warner
151
Philadelphia Read, Goal
5/16*
122.83; Change, up 23.
Opening
Bridgeport Brass Corp.
9:
London
New York
Japan
India
Paris
0/3-3/4
Phillips Petroleum
211
5-1/2
Briggs Mig.
171
Pittsburg Coke & Iron
62°
Brooklyn-M'hattan Trans.,
202
Public Service of NJ, ..............
35
NEW YORK COMMODITY MARKET
21-3/0
Budd M'facturing Corp.
31*
Pullman Inc. .....
201
20-3/4
(REUTER'S - SERVICE)
Canadian Pacific R'way
31
Pure Oil
72
Hongkong
Sterling
2.65 24-7/B
Case, JI
401..
Radio Corpu, of Am.
#
יו
Celanese
251
Reading Company,
Com
111
Elga
Sellers
Chesapeake & Ohio.
367
Remington Armas Co., Inc,.
New York Cotton, July
10.26
New York Rubber July
22.80
Opening
.. Closing.
Chrysler Corpn.
631
Republic Aviation Corp. ........
4
Spot
June
0/4 0/4
0/3-31/32
Cilmax-Molybdenum Co.
"231
Republic Steel
177
Chicago Wheat, Sept.
0/3-31/32
Colts Patent Fire-Arms ...
79"
Revere Cap. & Brass Inc. ..
Chicago Com, Sept.
9
July
0/3-59/64 0/3-29/32
Columbla Gies & Meë. ........
Reynold Tobac. "B"
New York Hides, Sept.
Prev: Today's Low Close. Close Change 10.18 10.16 10.25 09 up 22.80 2270 33.80.10 ub 801 78+ 781 79% -602 601 40 60 10.69 10.67 10.56 10.85
סם 1
361
NEW YORK COTTON
Close
Columbia 8% “A” pt. "...........
74.
Richdeld On
Spot
0.8. Dollars
કર્યું.
July
10.16/17
Commercial Credit. Co...
28
Safeway Stores
41
Opening 10.23/22 10.25/25
Closing
up .09 up Change
.09 up
June
July
5-31/32" 5-27/32
$5-31732 5-31/32 5-27/32
July (New contract)
10.40/40
Com, & Bouthern (Ord.) ...
14
Schenley Distillers
10.45b/48a 10.50/50.
87
סט 10.
October
9.38/40
9,40/41
Consolidated Edison
271
Sears Rooback"
721
9.41/43
.03 up
December ( }
9.25/25
Consolidated Oll .....
81
Shell Union Of
9
9.25/26
9.24/24
.01 of
"
Market:-Uncertain.
Silver Duty Eats
The Central Bank of China's
rate on London at 10 am, today was 1/2-1/2d.
The Equalisation rate was 181
per cent.
Calcutta Exchange
Calcatta, June 22. (Reuter)."
T.T. on Japán, 94-1/2.
Continental Can Continental Ol Copperwald Steel
Corn Products
Elec. Autolite
LONDON STOCK Elec. Bond & Share .......
EXCHANGE
(REUTER'S SERVICE)
London, June 21.
Elec. Band & Share 35 pt. 55
Elec, Power & Light 37 pi. Fisk Rabber...... Fitntkote
Gen, American Trans. Gen. Electric
The following quotations are the middle prices at the close of the market in London. All quotations Gen. Motors are subject to confirmation and no responsibility is assumed for errors in" transmission.
Gen. Hallway Bignal
Gen. Tire & Rubber
January
9.13 N
9.13b/159
9.130
unch.
401*." | Bočony-Vacunum“ Of
81.
March
8.93/94
Southern Paciac..............
H
81
8,97/96
8.971.
181*
Southern Rly $5 pfd...
'18]
*May
8.78 N
8.81481
8.81/81
.03 up
494
Sperry...
38
Spot
10.03 N
11.020
.09 up
Curtiss Wright (C.)
Spicer Manufacturing Co. 26!
Total sales Friday:-55,800 balea,
NEW YORK RUBBER
Curtiss Wright- "A"
243
Standard Brands
54
July
Deere & Co,.....
158
Stand Gas & Elec,
IN
Distillers Corpn. Seagrams
141
Standard Oll of California
181
September
December
2210/75- 20.10/10
18.75b/80a
22.85b/95a22.80/80
.10 up
Douglas Aircraft
72
Standard Olof NJ.
337
20.20b/30a 20.14/14 18.95/95
.04 up
18,81/81
.06. up
Du Pont de Nemours
160)
Stone & Webster
January
18.60 N
unquoted
18.66 N
.06 up
March
18.40 N
Eagle Picher Lead"
BA*
Studebaker Com
May
„Paton Mfg. Co.
203
Swift International
181
18.33 N
18.46n: 18.39
.06 up
.06.
up
Total sales:-330 tons.
31.
Technicolor
91"
CHICAGO WHEAT
6
Texas Corpn.
302*
July
784/781
Texes Gulf Sulphur
301
782/83
7917191
September
Bee. Bond & Share $6 II. · 541.
Timken-Axie
231*
781/787"
781/78#
801/07
莊慈
up
כט
December
791/79
29
791/791
Trans-America Co
41
80%/80%
Hup
10*
20th Cent. Fox
121
20th Cent. Fox, $1) pf.
Friday's sales:-8.131.000 bushels. CHICAGO CORN
161
441*
Union Bag & Paper Corp.
July
111
621/621 621/621
621/621
* up
32
Union Carbide & "Carbon
70
September
60/60
601/601
601/601
up
December
437
Union Pacific
771
572/573
581/581
501/581
סט 3
€
.114
United Alrecraft
WINNIPEG WHEAT-
382
12%
United Airlines Träns
July...
711a
71fa
Tib
unch
1627
October
731b
Glidden Co,..
12
United Corpn
21
7310
NEW YORK HIDES
Goodrich (3.2.)
121
United Corpn. 39 cum pf. - 331
War Loan, 31% (Red
after 1952) Danton-Kloon Rig. 5% 3
September
10,50/60
Goodrich $5′′pf.
•49*
United Gas Corp.
11
1985
December
Goodyear Tire & Co.
159
United Gas Improvement
11
10.76/80
10:60759 10.65/65 10.70b/86a 10.85b/la
New York Omcial"-
34-3/4
Chinese 41% Gold Loan
Great Northern Iron Ore ..
14
US, Industrual Alcohol
17.
NY-London Cross Rate 3.59-3/4
1898 (Brit. Issue) ..... Chinese 5% Gold Bonds.
1925-47
Chin. 41% 'Anglo-French
бад, 1908
Chinese 5% 'Crisp Loan,
1912
Chinese 5% Récits," "Loan.
1913 (Ldn. Ix)
Chinese-8% 8ter. Noten,
1925 (Vickers)
Great Northern Rly, pid,,
211
US. Rubber
201
unquoted. 3.73-1/2
Great Western Sugar...
21
US. Rubber $8 pid.
Greyhound Corpn.
114
UB. Steel
Hercules Powder Co
$6.
Vanadium
32
SILVER
**
Homestake Mining
451
Vultee Aircraft
International Harvester
37+
Walworth Co.
31
Int Nickel
214
Warner Bros. Pict.
24
Inter. Paper & Power
13.
Westinghouse" Elec,
921
int, Tel, Tel
Woodward Iron Cor.
Johns-Manville
52*
J, & Laughlin Steel 17 pid. "B9%
Chase National Bank · National “City Bank'
Ready
July 2 Settlement
July 30 Settlement
81-01
6106
31-01
Chin. Imperial Fly, 3%
MARKET
BOMBAY SILVER
“Bombay, June 22.(Reuter).
Market Quiet, Offtake" 76 bars.
Indian Mat Silver
04 ap
.09 up :09 ap
LONDON METALS
EXCHANGE
London - June 21 (Reuter). Tin, Standard, Cash, Middle ¿Price, 274-1/4-
Tin, Standard, 3 months, Middle Price, 278-1/8.
Dairen ---- Manila. Foochow Haiphong (Johore) Tientsin
Mukden.
New York Tringtan Pelping Yokobams
Penang
HANKOW
FEIFING
(Peking)
FORLON EXCxaxax" and' General Banking Business transacted.
OUBBENT - ACCOnana opened and Fixxo Duroutra received @lor: One Year or shorter periods in Local or [Other "Currencies ni radna éwhich
will be quoted on application.
SAVINGS ACCOUNTs also opened in Local Currency and Sterling with CURRENT ACCOUNT opened in interest allowed at raten obtainabia LOCAL CURRINGY and Fix Dearms on application.
received for one year or shorter periods in Local and other Our
The Bank's Head Office in London
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, a any of the Agencies and Brancher.
B. A. CAMIDGE,
Manager.
Atao up to date Bar Darosir Borm in various sizes To Lat. [Hong Kong. 28th February, 1940,
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the HONGKONG & SHANGĦAT BANKING COR- PORATION. Bules may be obtain- ed on application.
For the HONGKŌNG & SHANGHAI BAWLING CORPORATION,
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1939.
BANK OF CHINA
--Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK:
PAID-UP CAPITAL $40,000,000.0
(BRANCHES ALL ÜYEB ÜHINA) Owing to our numerous Branche in China and connections in the principal Commercial Centres of the World, we are able towertone to our Clients special facilities for Domestic and Foreign Banking and Exchange.
Head Office:→→SHANGRAY-
Hong Kong Branch
4. QUEEN'S HOAD, O. South China Offices:
CANTON
SWATOW
SHIUCHOW
KONGMOON TOISHAN KINGCHOW.
We also handle the issue of Bond and other Public Funds of the Chinese Government both st Hone! and Abroad.".
SHOU J, CHEN,
THE ORASE "BANK
|
18, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, Para Errest,
NEW YORK. An American Bank offering com
plete Foreign Banking Bervice in the principal Markete of the world. Interest Rates on Applications.
SAFE DEPOSIT BOXES
This Bank is entirely owned by THE CHASE NATIONAL BANE, Now - Yonk, "with" Basottrons Of OTIL 13:8.$9,900,000,000.
D. M. BIGGAR
Band Fine Presi
„BANK OF EAST ASIA, *LIMITED
5,599,600.00
Authorized 'Capital......$10,000,000.00 Paid-Up Capital Reserve and Undivided
*-*-* Profits
9,983,231,50
Read Office--HONG KONG “ No. 10 Des Voeux Road, Central.
Board of Directors: SIE SHQUBON Chow, Chairman Li Koon Ubten, Esq. Li Lan Sang, Leg... F.K. Kwok, Esq. Wong Chu Son, Esq. Wong Tun Tong, Esq., Ean Ying Fo, Mag Chau Ching Chalk, Kay, Ving Ping Wah Ray- KAY TONG PO, Esq., Chief Manager L: Ten Foud, Esa, Manager
Branches and Agencies--
Bombay
Kuala
Francisco HAIPHONG
NEW YORK
TOTOHAMA
Calcutta
Lumpur Shanghai
HAMBURG
Canton
London
Singapore
Chefoo
Lyoar
Scurabaya
Colomba Malacca
Sungei
Muar
Patani Swatow
Bankow
Takyo
Harbin
Iloilo
Ipoh
Looden
Manager young
56
Loan ...... Honda Rig 5% Huktang Rly. 5%, 11911...'
CLP. N/Y Lsue) Hukuang Riy. 5%, 1911. (German Issue) ...... Lua Tsing & U. Hải
Rly. 6%% 1913 S'hai-King Rly, 5% Tiedtain-Pukow Rly. 5% (Brit. Stpd.) MMA Tientain-Pukow "Rig. 5%
(German-Bipd.) Tientsin-Pukow Rly. 5% (Brit. Stpd. SuDL Loan) Tientsin-Pukow Rly. 5%
(Gier. Btpd, Supl. Loan) 9: Jap 5% Ster. Loan, 1907- Jap 8% Ster. Loan, 1924 Ger,7% Intl. Loan, 1924 6
Onaftered Bank dia HK. & S'hal Bank (Lds.
Reg.)...
1930/40
1-x-dir.
DOW JONES AVERAGË::
June 23, 1940.
High. How Dow Jones Averages June, 31, High Low Close Change,
166.92 711.84 30. Industrials-
122.61 133.08 192.53, 122.63 - 25.63 95.63. 25,48 25 66. 91,10 “MBI 21:18, 21:50 186.59
88.63
Bannons Dotis 1--900,000 “sliaaNG
35.90 29.15 90. Baile
27.70 18.03 20 Utilities
32 2983 09:40 Bonds
37 459 11 Commodity Inter 2.80
16
Gala Kalumpong Rubber 15 Allied Tronfounders .............. Asso. Elec. Industries 31/3 Austin Motors, ord. (Cable & Wireless, New
Tate & Lyle
8/9
For order
32
B.-A. Tob, (bearer)
33
Marcantile Bank Cammell Laird, ard....... Mexican Eagle
Courtaulda
67/6 12 4/41 2/9 22/6
Turner, & Newall “.. United steel Smethwick Drop Forg..... 12/4 Armstrong Stevens, ord. 57/8 Pressed Steel, com, 10/3} Vickers, ordan
48197 13/9
11/6
Woolworths
4516)
Anglo-Dutch.......
15/9
31/6
Rub, Plant. Invest. Trust" 22 Burma Corporation - Commonwealth “idining
[6/0
*2176
"Maraman Investmenta ́... 8/101
Randfontein Estates 30 Western Holding J
160
·FK. & S'halTM Bank - (Got
Chinese Eng, "& Mining
(bearer)
17/0
Chosen Corporation
6/8
Pekin Syndicate
B'hal Elec. Constr. Co.
15
Shal WaterworKE ""A" 'Union Staurance Gran
Distillers Dunlop Rubber
Gen. Electric (England), 60ƒB Guinness (A) Bob & Co, 55, Hawker Siddeley Airc. 1. - 8/6. Bristol Aeroplane ............... 7/8 Imperial Chemical Ind 24/71 Imperial Tobacco ... 77/8 Marks & Sp'cer "A" ord. 30/3 Rolls Royce
50 Leyland Motors
· 32/6
Sub-Nigel SESTDIETLINENORIOU |Tanami Goli, Mining/2) #Sa
Anglo-Iranian simi 30/6 Burman estiverkt
40 Shell Trans, & Trad.
(bearer)
Nominat
33/13
INDO-CHINA
Banker
Labe
Mew York
Shanghai
Every description of Banking and Exchange business transacted. Loans granted on approved securities,mai Current Accounts opened in Local Currency and Fixed Deposit re-
STEAM NAVIGATION COMPANY LTDceived for one your or hortar
Operating Services for Cargo and Passengers
TO
SWATOW, SHANGHAI, TSINGTAL, CHEFOO
and TIENTSIN
·ROBE ɔand / OSAKA
SINGAPORE, PENANG and CAILUETA
SANDAKAN
HAIPHONG
All steamers berth alongsider the Roosevelt Terminal in the French Concessional. Shanghai, where: passengers and cargo ars landed.
For further piket.
please apply
TELEPHONE ZOJILG
periods in Local and Foreign Cur KOS PERO TAB which will “bo quoted on ARTICALE
Bars EXPORT BOT
KINOIAL":
| Oħaber:B4