Last Sale
STOCKS
Last Sale
June 22
June 22
51
Kennecott Copper
23
221
Lakey Foundry & Mac.
37
51
Libbey-Owens-Ford Glass
333
27」 ”
Lockheed Aircraft
58*
Loew's Inc.
23
98*
Loft Incorperated
25
JAZ
Mack Truck Dag.
20
NEW YORK, June 22, 1940.
11
Martin, Glen L
29
151
McKesson & Robbins, pf4. 201
SINGAPORE RUBBER
182 1/2
American Gas & Elec. Amer. Locomotive ...... Amer. Metals Co.
31
Monsante Chemical
131
Montgomery Ward....
39
SPOT
131*.
National Aviation
102
JULY-SEPT.
Amer. Radiator
6
Nat, Dairy Products
134
OCT.-DEC.
Amer. Rolling Mill
111
Nat Distillers
20*
Amer. Sting and Ring Co..ST
National Gypsum
81
Arner. Sugar Refining
15
National Lead
104
On Paris:
Amer. Tel, & Tel. ̈
156
Nat, Fower & Light
7+
Amer. Tobacco. “9”
75+
National Steel Corp.
58
Amer. Waterworks
9"
|National Supply Corp.
51
JULY
Anaconda Copper
21
New York Central
117
AUGUST
Atchison, T. & 8,
16.
Niagara Hadson Power
OCT.-DEC.
45
Aviation Corp. ....
5+
N. American Aviation A
17+
On Bangkok:-
Bacock & Wilcox
.........
241
North American Co. wers
191"
149 1/8
Baldwin Lecametive ......
151
Northern Pacing
51
Baltimore & Oblo
31
Owens-linols Glass Co.
· 48°
Bank Buying Bate...1/5 1/4
Barber Asphalt Co.
10*
Pacific Gas & Mec
28
| Barnsdali Oil
.72***
Pacific Lighting
38+*
Bell Aircraft Corp.
Packard Motors
31
Bendix Aviation
281
Pan-American Airways
14
Bethlehem "Steel
7B1
Paramount Pictures
5+
Bilss Co
15
Pennsylvania R.R
181
Opening
Boeing Airplane Co. A.
- 141
Phelps-Dodge
28+
· PAGE: 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
JUNE 24, 1940.
On London:---
Telegraphic Transfer. 1/9 7/6 Bank Bilis, en demand 1/2 7/8. Credits 4 months' sight 1/3 1/2
On Shanghai:-
On demand
On Singapore:-*/
360
On demand 52 3/4"
On Japan:-
On demand
On India:-
Telegraphic Transfer
and demand)
On New York:--
Bank Bills, on demand 29 1/2* Credita, 60 days' sight 23 7/8.
On Batavia:—.
On demand .............. .....$2
Bank Bills, on demand 1086 Credits 4 month dighi 1160
On Saigon --
On demand ............. 108 3'4
On Manila-
On demand
On demand
On Sterling Notes:-
Bar Silver per Oz...22 7/16
Shanghai Exchange
Shanghai, June 24 (Reuter).
Official TT. Rates.
NEW YORK STOCK EXCHANGE
STOCKS
Adams. Express
Alleghany Steel Co.
Allied Stores
Allis Chalmers
Aluminium Ltd.
Amer. Can “........+
QUOTATION"
(REUTER'S SERVICE)
American Cyanamid B.... Amer. & Foreign. Power ... Amer& Foreign 57 pf.
JUNE 23, 1949. "
PAYNE & CO.
COMMODITY BROKERS
BUILDINGTM
HONGKONG
"
TUESDAY, JUNE 25, 1940.
BANKS
HONGKONG & SHANGHAI TEŻ CHARTERED BANE OP
BANKING CORPORATION
Authorised Capital................ 850,000,000
INDIA, AUSTRALIA AND CHINA
Tssued & Fully Paid-Up $80,000,000 Incorporated by Royal Charter, 1833
Reserve Funds:
£3,000,000 Paid-Up Capital £8,500,000 Reserve Fund.
Sterling ...
Proprietors.
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro- Reserve Liability of
prietora
0,000,000
Head Office: HONG KONG
Board of Directore: H. V. Wilkinson, Esq.,
Chairman. Hon. Mr. J. J. Paterson,
Deputy Chairman.
J. E. Bousfeld, Esq., A. H. Compton, Esq., Hon. Mr. S. H. Dodwell, G. Miskin, Esqu
T. E. Pearce, Esq., C. C. Roberta, Esq.,
Hon. Mr. A. I... Shialda,
3,000,600
HEAD OFFICE: LONDON
33, Bishopsgate E.C.S Su -Agencies In London: 117/199, Leadenhall Street, ECLA West End Branch: 14/16, Cockspur Street, SW1
Manchester Branch:\/ 62, Mosley Street, Manchester, &
AGENCIES AND BRANCHES:
ALOR. ETAR ANE KTBAL BANGTOR.
BATAVIA
MARRIMARIA PRILANO. KONG KONG ZUMANGOON HOILA
KARACHI
BOMBAY
CALCUTTA K... "KLANG
BAIGON
SEZILIAN
SHANGHAI
STOCK EXCHANGE
COMMODITY MARKET
REVIEW
(FROM PAYNE & CO.)
-
Previous June 22
Close Opening Closing Change Buyers Buyers
30-3/4 30-3/4 37 cts. 38-1/4-36-1/4 · 36-5/8
up 1/4
up-3/8
" 33-5/8 33-5/8 34-1/4:
up 5/8
K. 8. Norrison, Esq.,
The market was quiet but steady.
LONDON RUBBER
Previous close Today's close buyers buyers
SINGAPOR\"
Change
SPOT mong mag van 13-3/8
Sir Vandeleur M. Graybura,
**** 13-1/4 13
MARKET CLOSED
*་***ཝ,
******
........... 11-3/4
Amoy
London
0/3-3/4
Borg-Warner
15
Philadelphia Read, Coal
5/16*
New York
5-1/2
Bridgeport Brass Corp.
9"
Phillips Petroleum
311
Japan
21-1/8
Briggs Mfg.
171
Pittsburg Coke & Iron
63"
India
20-3/4
Brooklyn-M'hattan Trans.
201
Public Service of NJ,
35
NEW
Paris
2.65
Budd M'facturing Corp.
37**
Pullman Inc.
20+
"
Hongkong
14-7/8
Canadian Pacific R'way
(REUTER'S SERVICE)
31
Pure Oil
*
Case, JI
491*
Radio Corpn
c
4+
Sterling
Celanese
251
Reading Company, Com
11
Sellers
Chesapeake & Ohio.........
361
Remington Arms Co. Inc..
47°
New York Cotton, July
High Low 10.25. 10.18
Opening
Closing
Chrysler Corpn.
831
Republic Aviation Corp. ...
44
New York Rubber, July
22.80
22.80
Spot
0/3-61/84. 0/3-61/84
Cilmar-Molybdenum Co.
281
Republic Steel
17*
Chicago Wheat, Sept.
80+
781
::
June
July
0/3-61/64 0/3-81/64
0/3-57/84 0/3-57/64
Colts Patent Fire-Arms
79°
Revere Cop & Brass Inc.
Chicago Corn, Bept.
601
60+
.60
Prev. Today's '
Close Close Change 10.16 10.25 09 up 22.70 23.80 10 up
78
14 up 797 604. 4 up.
Columbla Gas & Bloc, .........ra
8
Reynold Tobac. "B".
રૂમ
New York Hides, Sept...........
10.69
10.57
10.58
10.85 .09 up
:
::
U.S. Dollars
Columbia 6% "A" pf.
74*
Richfeld on
7+
Spot
$6-3/32 $6-3/32
Commercial - Credit Co.
284
Safeway Stores
41
NEW YORK COTTON
Слове
Opening
Closing
Change
Com; & Southern (Ørd.)
14
Schenley. Distillers ......
July
Juné
July
6-3/32. 5-31/32
6-3/32 5-31/32
10,16/17
**10.22/22
Consolidated Edison
27++
Sears Roebuck
721
Market:-Uncertain,
Consolidated Ou
Shell Union 011
July (New contract) - October
10.40/40
10.45b/48a
10.25/25 10.50/50
.09 up
.10 up"
.}
9.38/40 #
Continental Can ...
404*
Socony-Vacunum On
te
December (3)
9.25/25
Continental (11
177
Souther Pacific
Jandary ( )
9.13 N
Copperweld Steel
181*
Southern Rly $5 pfd.
18+
March
£
LONDON STOCK Corn Products
EXCHANGE
(REUTER'S SERVICE),
London, June 21
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.
Douglas Aircraft - 20. Du Pont de Nemours Eagle Picher Lead Eaton Mig. 00. Elec, Autolite
Elec, Bond & Share .......... Elec. Band & Share $5 pf. Elec. Bond & Share $6 pf.
...... 8.93/94
9.40/41 9.25/20 9.13b/15a 8.97/98
9.41/43
1+
9.24/24
0.13n
urich.
8.971
.04 up
491
Sperry
38
May
(..)
8.78 N
8.81/81
8.81/81
.03 up
Curtiss Wright (C)
12
Spicer, Manufacturing Co. 261
Spot
10.93 N
11.020
.09 up
Curtiss Weight "A"
241
Standard Brands
54
Deere & Co.
15
Stand Gas & Elec.
12
Total sales Friday: 55,800 bales.
Distillers Corpn. Seagrams
141
Standard Oll of California
18
NEW YORK RUBBER
.72
Standard Oll of N.J.
334
-1603
Stone & Webster
July
22.70/75
22.85b/95ä -22,80/80
10. up.
82"
Studebaker Com,
.....
September
20.10/10.
20.20b/30% 20.14/14
,04 'up
291
Swift International
187
31
Technicolor
91"
December
January
.8
Texas Corpi com
3611
March
18.75b/808 18:60. N 18.40 'N
18.95/95 unquoted
18.81/81
.06 up
18.68 N
.06 up
18.40
55
Texes Gulf Bulphur
301
May
18.33 N
18.3911
06. up .06. up
641 :
Timken-Axle
23+
Total sales:-330, tons..
War Loan, 3% (Red-
after 1952)
Elec. Power & Light $7 pt.
29
Trans-America" Co.
41
Fisk Rubber
10%
98
20th Cent. Fox.
B
CHICAGO WHEAT
Flintkote
12+
20th Cent. Fox. $13 pl. .....
161
Canton-K'loon Rly. 5% 8
Chinese 4)% Gold Loan
1898 (Brit. Issue) ......
Chinese 5% Gold Bonds,
1925-47
Chin. 44% Anglo-French
Loan, 1908
Chinese 5% Crisp Leen,
1912
Chinese 5% Reorg. Loan,
1913 Lda. Is.)
Chinese 8% Ster. Noter
1925 (Vickers)
Chin. Imperial Rly. 5%
Loan
Honi Rly: 5%
Hukuang Rly, 5%, 1811...
Gen. American Trans.
44)*
Union Bag & Paper Corp.
117
July
781/781
(LP. N/Y IEstie)
14
གྲུབ་འ་མ་ མ་ ྤ བས་
Gen, Electric
32
Union Carbide & Carbon
70
September
Gen. Motors
437
Union Pacific...
77
December
781/781- 791/70
781/783 781/78+ 79/791
- 790/799.
801/791 801/801
up
קט
Gen. Railway Signál ;
111
United' Aircraft
387
Friday's sales:-6,131,000 bushels.
Gen. Tire & Rubber
Goodrich (B.F.)
124
United Airlines Trans sie
161
Glidden Co. hig
12.
United. Corpa
21
CHICAGO CORN
123
United Corpn. 33.com pf. 333.
July
Goodrich $5 mL..
49*
United Gas Corpa.
Goodyear Tire & Co.
154
United Gas Improvement."114
September December
24
Great Northern Iron Ore
14
U.S., Industrial Alcohol.
17-
571/513-
601/601 581/581
621/621 621/621 '621/627 60/80
604/601
584/581
999
Great Northern Rly, pfd.
211.
UA. Rubber
201
Great Western "Sugar"
.21-
US. Rubber $8 pia.
83
WINNIPEG WHEAT
Greyhound Corpo. .......
11}
US Steel..
$3
July
Hercules Powder Co, ............
86
Vanadium wish
32
October
7ija 7346
12
Homestake Mining
451
Voltee Aircraft
75*
International Harvester
371
Walworth Co.:
31
NEW YORK HIDES
Int Nickel
-214"
Warner Bros. Pict
21:
Hukuang Rly, 5%. 1911
(German' Issue).
11
Lung Taing & U. Hal
Inter. Paper & Power 43 int, Tel & Tel.................ġel Johns-Manville
Westinghouse Exco.....
924
September
10.56/60
Woodward Iron Cor.
237
December.
10.76/80
520
Chase National Bank
New York Omelal
84-3/4
Riy. 5% 1913
11
J. & Laughlin Steel $7 pfd.. 59:
National City Bank
NY-Landon Cross Rate 3.59-3/4
10.80/59 10.05/65 10.70b/88a 10.865/908 unquoted.. 8.73-1/2
up...
S'hal-N'King Rly. 5% ...
15
Tientsin-Pukow Rly. 5%
(Brit. Stpd.). Tientain-Pukow. Rły. 5%
(German Stpd.) ...... Tientain-Pukow Rly. 5%. (Brit. Etpd. Supl. Loan); Tientsin-Pukow Rly. 5% (Ger. Stpd. Supl, Loan> Jap: 6% Ster, Loan, 1907, "Jap.. 6% Ster, Loan, 1924
„DOW JONES
1039/10
High Low Dow Jones Averages.
156.92 111.84 30 Industrials”
taler, diy.
AVERAGE
Juns, 21, 3Hi
199.61/*19703 13
35.90, 22.15 20 Rails
25.63
95.63 254 251
37.70 1803 20 Utilities
21.1
32 2283 0840 Bond
60.580
66.87. 46.69 11 - Cominodity IndexTM 69,50 --
33
Businées Done
Ger, 7% Intl. Loan, 1924 5
Chartered Bank ......
HE. 6hai Bank (dn.
Reg.)
HE S'hat Bank. (Col.
Reg)
Uhinese Eng. & Mining
(bearer)
Pekin Syndicate
17/0
Chosen Corporation-
6/6
S'hal Elec Constr..Co.
-15
Bhai WaterwOYKE “A”. -14
Union Insurance
Oula Kalionpong Rubber 15
"Allied Ironfounders
Cammell Laird, ord." Mexican Eagle Courtaulds
2/9 d. 22/6 Distillers...cong - 51/6 Dunlop Rubber ..........21/6 'Gen, Electric: (England) · 60/8′′ Quinness (A) Bon & Co. 55 Hawker Siddeley Airo...?! B/6 Bristol Aeroplane
7/6
Woolworths ********
Anglo-Dutch.
| Rub, Plant, Invest. Trust 22
Burma Corporation 06/9...
| Commonwealth Mining -
Marsman Investmenta
| Randfontein Estates
Western Holdingi
SWATOW SHANGHAI TSINGTAU,
KOBE And
SINGAPORE,
SANDAKAN HAIPHONGAME
"All steamers berth Alongside
the Boosevelt Terminal
the French Concession Bhanghai, whers passenger and cargo are landed.
Imperial Chemical - Ind.--20/74 Imperial Tobacco
77/6-
Assa, & Elec, Industri
31/3
Marks & Bp'cer “A” ord. 30/3 Rolls Royce
Sub-Nigel
180
For fart
plas
60
Tinami Gold Minin
8/9
| Ceyland - Motorgar
3916
Anglo-Iranian
Tale & Lyle maana s
39/44
|Burmah
32
Turner & Newall
Shell Trana,
67/0
United Steel
13/9
(bearer)
Smethwick Drop Forg. 12/6
Austin Motors, ord. Cable & Wireless
Form, ord
B-A Tob, (bearer) Mercantile Bank
Nominat
33/11:
TELEPHONE
Armstrong Stevens, ped. 6/6 Pressed Steel, com Vickers, ord.
· 10771
11/8
16/8
8/10
JAN.-MARCH
****** ** ** 11-1/4
NEW YORK COTTON? The strength of the Spot position and liberal price-Axing for nears are likely to result in July further widening over new crop months.
** NEW YORK RUBBER: Traders are concerned over Far Eastern developments..
CHICAGO WHEAT: Local professional traders and commission houses are buying on North-West weather and crop newa.".
NEW YORK STOCKS: Previous close, 122.61; Today's close, 122.83; Change, up 22
YORK COMMODITY MARKET
.03 up .01 off
up
Dairen Manila Foochow Muar Haiphong(Johore) Tientsin Bankow Mukden Tokyo
New York Tsingtao Paiping Yokohama "Penang.
HANKOW
(Peking)
· Fornion - Exchang"" and: General- Banking Business transacted.
CURRENT A¤00Urs opened and FIXED DEPOSITS received for Ons Year or shorter periods in Local or Other Currencies at rates, which will be quoted on application.
SAVINGS ACCOUMYs also opened in Local Currency and Starling with Accounts opened in interest allowed at rates obtainable LOCAL COBRENOY and FIXED DEPOSITS on application.
received for ens year, or `aborter:
periods in Local, and other Cur
The Bank's Head Office in London
rencies on terms which will be undertakes Executor and Trustée business, and claims recovery of quoted on application.
Also up to date SA DEPOSIT Boxes in various sites To"LET. Hong Kong, 38th February, 1940.
HONGKONG · SAVINGS BANK
The Business of the above Bank is conducted by the HONGKONG & SHANGHAI BANKING : COR- PORATION. Rules may be obtain- ed on application.
For the HoxGKONG & “SHANGHAI
·BANKING CORPORATION......
VM. GRAYBURN,
Chief Manager. Hong Kong, 8th Feb., 1338..
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT
OF CHINA AS ̃AN- \"MA INTERNATIONAL EXCHANGE"
ANADA BANK
PAID UP CAPITAL $40,000,000,00 (BRANCHES ALL OVER ÜHINA) Owing to our numerous Brandbee in Chins 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 and Exchange.
Head Office:SHANGHAI
Hong Kong Branch:
4, QUEEN'S ROAD, 'C. South China Offices:
SHIUCHOW
KONGMOOM
TOISHANA
KINGOHOW
We also handle the issue of Bonds, and other Publis Finds of " the Chinese Government both at Home and Abroad,
ki bo SHOU 1, CHEN,
INDO CHINA
STEAM NAVIGATION COMPANIITT
British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Brandbes.
BA. OAMIDGE,
Manager.
THE CHASE BANK
15, QUEEN'S ROAD, CENTRAL NA
HEAD OFFICE;
18, PINN STIERT,
· NEW YORK: An American Bank offering com- plete Foreign Banking Service In the principal Marketą of the world. Interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by
TEL
CHASE NATIONAL BATE. NEW YORK, with Basotross of tợng U.S.$1,900,000,000.
D. M. BIGGAR,
Second Vice Pr
BANK OF EAST ASIA, LIMITED
...
Paid-Up Capital Authorised Capital $16,000,000.00 Reserve and Undivided
***** 5,598,000.00
Profits
2,082, 281.50
Head Office: HONG KONG No. 10 Des Voeux Road, Central.
Board of Directors: SIR SHOUKON CHOW, Chairman Li Koon Cham, Esq. Li Lan Bang, Esq. P. K. Kwak. Eng." Wong Chu Bon, Lag.. Wong Tum Tong, Esq. Kan Fing Fo, eg, Chan Ching Shots Mag. Fung Ping, Wah Eag KAK TOND PO, ESQ., Chief Manager LI TA FONG, Esd, Manager
Branches and agencie
Kolom
fer Hatake Londo
Bombe
Haiphong:
| Backow Do Haw Ybric Svačila
Honelabi (NO PATERIA
Every description of Banking and Exchange business transacted. Losne granted on spproved securities,"ena
Current. Accounts opened in Local Curreday and Fixed Deposite re ceived for one year or shorter, | periods in Epasl and Foreign. Cur- |'rencish" on terms", which will bo
quoted on application.cl/w
HAN DEPOSIT BOXES 10 Lar
KANTONG PO
Chlet Manager.
TUNG - PROVINCIAL
BANK:
and Pleanela) Agarta fơ. #Provincial Government of Kwangkang.
„Kvalgtang Prévisos Son a Bid 45 Chater Pa
28181, $1581.
Bangkok Kobe
Batavia
Kowloon
Branches: Johore Rangoon
Saigon San
CERT:
OGLOMBO
AGENCIES: KOSN.
Chief Manager. Our Grat
FARLIN PLACE CANTON
CAWNPORN
KUALA N
. SIZZAWAN S
„BOURABAYA
LUKFUK-TALPING KUCHING * TIENTSIN.
MADHAS
MANILA
TONGXAR
(Bhuket)
DELKI
MRAN
TEINOTAD
Bombay
Kusla
Francisco HAIPHONG
'NEW YORK
TOKOHAMA
Qaloutta Lumpur
Shanghai
HAMBURG
PRIPING
Canton
London.
Singapore
Chefoo
Lyons
Sourabaya
Colombo, Malacca
Sangel
Patani Swatow
Harbin
Iloilo
Ipch
CURRENT
unch
CANTON
SWATOW
S
THE KW