"STOCKS
Last Bale"
STOCKS
June 24
Adams. Express
51
Kennecott Copper
Alleghany Steel Oo.
2
Lakey Foundry & Mac, ....
Si
Allied Stores .....
57
Libbey-Owens-Ford
Glass
337
Allis Chalmers
277
Lockheed Aircraft
287
£
Aluminium Ltd.
58
Loew's Inc.......
241
War Loan, 31% (Red
Amer. Can..........
981
Loft Incorperated
242
after 1953)
973
American Cyanamid B.
322
Mack Truck Inc.
201
Canton-K'loon Rig. 5% 8
NEW YORK, June 24, 1940.
Amer. & Foreign Power
11
Martin, Glen L
291
Chinese "41% Gold Loan
Amer & Foreign $7 pf.
10.
McKesson & Robbins, pfd. 21*
1898 (Brit. Issues
SINGAPORE RUBBER
American Gas & Elec.
33
Monsanto Chemical
913**
Chinese 5% Gold Bonds,
Amer. Locomotive
13
Montgomery Ward"
391
1925-47 .......................
43
Amer. Metals 00.
14"
National Aviation
108
Chin. 4% Anglo-French
SPOT...
JULY-SEPT.
Amer. Radiator......
51
Nat, Dairy Products
134
Loan, 1908
44
OCT.-DEC.
Amer., Rolling Mili
117
Nat, Distillers
191..
Chinese 5% Crisp Loan.
Amer. B'ting and Ring Co. 37)
National Gypsum .......
61
1912
Amer. Sugar Refining
14"
National Lead
17
Chinese 5% Reorg. Loin.
The market was quiet, LONDON RUBBER
Amer. Tel, & Tel:
1574
Nat. Power & Light
8
1913 (Ldn. Is.)
Amer. Tobacco "B"
77
Chinese 8% Ster. Notes
National, Steel Corp.
581
SPOT
Amer. Waterworks
ទវ .
Anaconda. Copper
201
National Supply Corp. New York Central...
6
1925 (Vickers)
JULY
112
Chin. Imperial Rly. 5%.
AUGUST
Atchison, T. &.8, Fa
151
Niagara Hudson Power
.. Loan
5
Aviation Corp. "..
51
(N. American Aviation
171
Honan Rly, 5%
Bacock & Wilcox
24
North American Co.
201
Baldwin Lecometive
15%
Hukuang Rly, 5%, 1911...
(LP. N/Y. Issue)
14
Northern Parlic
Baltimore & Ohio
34
Owens-Illinois Glass Co....
47
11
ཏྲཱས ཝཱ སྦེ
OCT.-DEC.
12
JAN.-MARCH
Barber Asphalt Co.
91*
Pacific Gas & Exec
30
Barnsdall Ou
7}
Pacific Lighting
38.
Bell Aircraft Corp.
151*
Packard Motors
31
Bendix Aviation
281
Pan-American Airways
14+
Bethlehem Steel
761
Paramount Pictures ...
51
Bliss Co.
151
Pennsylvania R.R.
181
Boeing Airplane Co.
143
Phelps-Dodge
291
Borg-Warner
18..
Philadelphia Read, Coal
+
: Bridgeport Brass Corp.
91
Phillips Petroleum
311
Tientsin-Pukow Rly, 5%
(German Stpd.) Tientsin-Pukow Rly. 5% (Brit. Stpd. SupL Loan)
9
Briggs Mfg.
17
Pittsburg. Coke & Iron
Tientsin-Pukow Rly. 5%
Brooklyn-M'hattan Trans.
20
Public Service of NJ......
36
(Ger. Stpd. Supl, Loan)
Budd M'facturing Corp.
31
Pullman Inc.:'.
21
Canadian Pacido R'way "..
3
Pure OU
71
Jap. 5% Ster. Loan, 1907
Case, JI
401
Jap. 5 Ster. Loan, 1924 32
Radio Corpn. of Am.
41
Celanese
25%
Ger. 7% Intl Loan, 1924
5
Reading Company. Com
11
Chartered Bank
61
Chesapeake & Ohio
-371
Remington Arms Co., Inc.
HK. & Shal Bank (Ldn.
Chrysler Corpn.
631
Republic Aviation Corp. ...
42
Climax-Molybdenum Co.
281
Reg.)
55
Republic Steel
171
F.K. & Shai Bank (Col.
Colts Patent Fire-Arms,
80
Revere Cop. & Brass Inc. -
9+
Reg)
88
Columbla Gas & Elec.
63
Reynold Tobac. "B"
367
Chinese Eng." & "Mining....
Columbia 6%. “A” DÍ.
74*
Richfield On ....
7+
(bearer) ....
17/8
New York Cotton, July' New York Rubber, July
Commercial Credit Co,
201
Safeway Stores
414
Chosen Corporation
6/0
Chicago Wheat, Sept.
Com; & Southern (Ord.)
14
Schenley Distillers
87.
Pekin Syndicate ......
Conselldated Edison
281
Sears Roebuck
721
Shai, Elec, Constr."Co. ...
15
Chicago Corn, Sept. New York Hides, Sept.
Consolidated 0!!
63
Shell Union Oil
81
S'hal Waterworks "A"
13)
NEW YORK COTTON Close
Continental Can
411
Socony-Vacunum Ou
8
Union Insurance..
2:0
July.
Continental Oll
18
Southern Pacific
B
Gula 'Kalumpong Rubber
15
Jaly (New contract)
Copperweld Steel
187
Southern Rly $5 pfd,
183
Allied Ironfounders......
7/61
Corn Products .....
491
Sperry.
38
Asso. & Elec, Industries 28/9
October December („
{
Curtiss Wright (C)
71
Spicer Manufacturing Co.
261
· Austin Motors, ord,
8/5
January
Curtiss Wright: "A"
26
Standard Brands
57
Cable & Wireless, New
March
Deere & Co.
"151
Stand. Gas & Elec....... 12
Form, ord.
30
May
(..)
Distillers Corpo, Sengrams
141
Standard Oil of California'
18)
B-A Tob. (bearer)
60
Spot
Douglas Aircraft
73
Standard Oil of N.J.......
337
Mercantile Bank
114
Du Pont de Nemours"
1611
Stone & Webster
81
Eagle Picher Lead
Cammell Laird, ord.
4
9
NEW YORK RUBBER
Studebaker Com.
67
Mexican Eagle
2/6
Eaton Mfg. Co.
292
July
Swift International
181
Courtaulda
20/9"
Elec. Autolite
31
September
Technicolor
91
Distillers
47
December
Elec. Bond & Share
62
Texas Corpn.
37
Dunlop Rubber
20/6
Elec. Bond & Share $5 pf.
563
January
Texes Gulf Sulphur
31
Gen Mectric (England)
57/0
Elec. Bond & Share $0: pf,
March
65
Timken-Axle.
234
Guinness (A). Sơŋ & Co.
48/9
Elec. Power & Light #7"pf.
30
May
Trans-America Co.
41
Hawker Siddeley Airc....
8/3
Fisk Rubber
103*
20th Cent. FOX
Bristol Aeroplane..........
6/9
Flintkote
124
20th Cent. Fox, $11 pf.
16.
Imperial Chemical Ind
18/14
CHICAGO WHEAT
Gen. American Trans.
444
Union Bag & Paper Corp.
11t
Imperial Tobacco
68/0
July
Gen, Electric
328
Union Carbide & Carbon
711
Marks & Sp’cer "A" crd. 28/1
September
Gen. Motors
44
Union Pacific
777
Rolls Royce
.4379
December
Gen. Railway Signal
111
United. Alreraft
384
Leyland Motors
30
་་
Gen, Tire & Rubber
12*
United Airlines Trans
171
Tate Lyle'....
37/6
CHICAGO CORN
Glidden Co.
12.
United Corpn.
21
Turner & Newall
44/44
July
Goodrich (B.F.)
13
United Corpn. $3 cum pl. 343
United steel.
14
September
Goodrich $5 pt.
50A
United Gas Corpn.
11
Smethwick Drop Forg.
11/3
December
Goodyear Tire & Co.
158
United Gas Improvement
12
Armstrong Stevens, ord. 5/6
WINNIPEG WHEAT
Great Northern Iron Ore
141*
U.S., Industrual Alcohol.
174"
Pressed Steel, com. *..** 8/9
July
Great Northern Rly, pfd,
221
U.B. Rubber
201
Vickers, ord.
-10
October
Great Western Bugar
21*
US. Rubber 38 pfd,
81.
Woolworths
42/3
December
Greyhound Corpn.
11
U.6. Steel
531
Anglo-Dutch
15/6
Hercules Powder Co,
86*
Vanadium
321
Rub, Plant, Invest. Trust
22
"NEW YORK HIDES
Homestake Mining
45
Vultee Aircraft
71*
Buria Corporation.
September
6/9
International Harvester
38
Walworth Co.
31
December
Commonwealth
Mining
Int Nickel
217
Warner Bros. Pict
Maraman Investmenta
8/10
New York, Official
Inter. Paper & Power"..
13
Westinghouse Elec.
95
Randfontein "Extates.......
20/41
NY-London Cross Rate 3.73-1/2
Int, Tel. & Tel
3
Johns-Manville
634
Woodward Iron Cor. Chase National Bank National City Bank
231*
Western Holdings
-6/6
Sub-Nigel
157/6
Shell Trans⠀ "&" Trid.
Tanami. Gold. Mining
3d
Anglo-Iranian
28
(bearer]
*---Nominal
+bid
t-ex div.
Burmah
38/9
ex-dividend
J. & Laughlin Steel 3 pfd. 014
1959/40.
DOW JONES AVERAGE
High Low Dow Jones Averages June, st,
155.92 111.84 30 Industrials
129.83
35,00 82 15 20 Rails
17.70 1603.20 Utilities
32 22.83.06 40 Bonds
25.682 21.50 80.63
65 67 45 59-11 Commodity Ladez
SILVER MARKET
LONDON, SILVER
Loridon, June 24 (Reuter).
June 26, 1940, High Low Close 124.05 128.80 123,78 95.80 25.53 #85 71 29.64 91.78 22.80
Uhange .93 up ..18 up 1.10 up -86.84.21 up 62.75%
Business Done-470,000 shares
·STOCK MARKET
EASIER
LONDON, June 25 (Reuter)-The { Silver-General selling, particu- Stock Exchange is quietly easier, larly for cash. Very poor support. owing to the disappointment at Business moderate. Market quiet the Petain Government's accep- In the afternoon, the market was tance of the German armistice dull and idle.
Spot, 21-1/64.
Forward, 211.
BOMBAY SILVER
Bombay, June 24 (Reater) Market Steady. Offtake 250 bars.
Indian Mint Silver
Ready
·61-07
July 2 Settlement:
61-08
July 30 Bettlement,
61-07
terma. Prices mostly eased but gilt- edged securities abowed signs" of rallying near the close. A
"Gold-minings encountered small local sales. Wall Street was steady.
LONDON METALS
EXCHANGE
London, June 24 (Reuter), Tin Standard Cash, Middle Price, 284-1/4
Tin, Standard, 3 montha, Middis Price, 269-3/8-
NEW YORK STOCKS: Previous close, 122.83; Today's close, 123.76 Change, up .93.
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE)
+off
10.56 .09 ok Change 02 up .01 off
LONDON GOLD
London, June 24 (Reuter). Bar Gold, Fine, per oz. 188/8.
INDO-CHINA
STEAM NAVIGATION COMPANY LTD
Operating Services for Cargo and Passengers
TO
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOER and 0BAKA
SINGAPORE PENANG and CALCUTTA SANDAKAN
HAIPHONG
All steamers berth alongside The Roosevelt Terminal in the French Concession at Shanghai, where," passengers. ́and cargo are landed.:
For further particulars.
plesso apply to
ARDINE LEPHONE. ZOJIE.
Saigon
COLOMBO
DELHI
Francisco HAIPHONG
Singapore HANKOW
Patani Swatow
(Johore) Tientsin Mukden Tokyo
Penang
MANILA
MEDAN
NEW YORK
PEIPINO
(Peking)
SOURARAYA
TAIPING TIENTS IN. TONGKAN
(Bhukot)
TRIKOTAS
TOYOKAMA
FORLON EXCHANGE and General Banking Business transacted..
CURRENT ACCOUNTS opened and FIXED DEPOSITs - received for One Year or shorter periods in Leoal or Other Currencies straten. which will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with CURRENT ACCOUNTS opened in interest allowed at rates obtainabla LOCAL CURRENOx and Fixed Dreusita on application. received for one year or shorter
periods in Local sad other Cur-) The Bank's Head Office in London rencies on terms which will be undertakes Executor and Trustee quoted on application.
business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained st any of the Agencies and Branches.
B. A. CAMIDGE,
Manager.
Also up to date SAFE DEPOSIT Boxes in various sizes To LET Hong Kong, 28th February, 1940.
HONGKONG SAVINGS
BANK
The Businosa of the above Bank is conducted by the HONGKONG SHANGHAI BANKING "COR- PORATION Rules may be obtain sd on application.
For the HoRGEONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1938.
BANK OF CHINA
Specially Chartered by. THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE.
*
BANK. PAID-UP CAPITAL 840,000,000.
(BRANCHES ALL OVER CHINA) 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 and Foreign Banking and Exchange.
Head Office:~SHANGHAI .
Hong Kong Branch;
4. QUEEN'S ROAD, C. South China Offices:
CANTON SWATOW.
KONGMOON TOISHAN
THE CHASE BANK
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PIN STRENT,
NEW YORK. An American Bank offering com
plete Foreign Banking Service in the principal Markits of the world. Interest Rates on Application."
SAFE DEPOSIT BOXES
This Bank is entirely owned by Ta CHASE NATIONAL BANE, New Your, with Resources of ant 17,8.$2,000,000,000.
D. H. BIGGAE,
Second Vice Pr
BANK OF EAST ASIA,
FLIMITED!
Authorised Capitel $10,000,000,00 Paid-Up Capital. 5,598,800.00 Reserve and Undivided
ProBts.....
2,983,281.50
Head Once-EONG KONG No. 10 Des Voeux Road, Central.
Board of Directors: SIE SHOUSOS CHOW, Chairman Li Koon Chun, Esq. Li Lan Sung, Eng. P. K. Kwak. Faq Wong Chn Ban, Eq. Wong Tan Tong, Esq. Kan Ying Fo. Reg. Chan Ching Skok, Eich Fung Fine Wah Eng KAN TONG Po, Esa, Chief Manager Lt Tas Foro, Esq, Manayer
Branches and Agencies:--
SHIUCHOW *KINGCHOW
We also handle the issue of Bonds and other Public Funds of the Amy Chinese Government both at Home and Abroad.
SHOU. CHEN,
Haiphong Manager" Honotala
THE MERCANTILE BANK OF INDIA. LIMETED
Kerricon
London!
Mingapore
wakow
How Tork' Seattle.
Shanghai
DEVER
Every description of Banking and Exchange business transacted.Loans Current Accounts opened in Local- granted on approved securities/Tr Currency and Fixed Deposite re ceived for one year or shorter Head Office-15, Gracechurch Street, periods in Local and Foreign Out rencies on terms which will be quoted on application,
London, EC
Authorised Capital in cont
Ontantbed Capital oko Paid-up Capital mana
Beatra. Fuad and Bash
The Bank of England and Midland
·Bank, Ltd, ZABRANCHES AGEN
SAJE LEPOSIT Boris To I KAN TONG
Chief Manager.
Kanin Trengganu THE KWANGTUNG PROVINCIAL
Bangkok
Bombs
Calendá
Madria New York
Colomba
Kindy:
Penang
Dalhi
Karacala:140
Gelle
Kota Bhar
Hokikons
Howrah
BANK
Bangion "Khanghal-
·Karla Laspar Blagapani
HONG KONG BRANCHC Brary downrigidom of Banking – And Exchange burinam transated:23
TRUSTEE AND EXECUTORSHIP
UNDERTAKEN
KURRENT ACCO
DEPOSITS Teeśl
General Banking Facilitigő and Financial Agentai t Go The Preriacial Hävarainent of Kwangtung Li Head Offenkaka kugiang ProvinGE NA Hongkong Branch--Queen's Bladgy 5 Chater Ed. Oohly Address":"PROYINULA
20112
BR
Capi
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
JUNE 25, 1940.
Last Sale
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, June 24. The following quotations are the "middle prices at the close of the June 24 | market in London. "All quotations. 272 are subject to confirmation and no. responsibility is assumed for errors in transmission.
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
יי
Previous June 24
Close Opening Closing Change 'Buyers Buyers
WEDNESDAY, JUNE 26, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital......
$50,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up 890,000,000 corporated by Royal Charter, 1858
Reserve Funds:
Paid-up Capital £6,500,000 Reserve Fund.
HK. Currency Reserve $10,000,000 Reserve Liability of Pro-
Starling
Roserve Liability of
Proprietors
$90,000,000
Head Office:-HONG KONG
Board of Directors: HV. Wilkinson, Esq.
Chairman. Hon. Mr. J. J. Paterson,
Deputy Chairman.
J. K. Bousfeld, Esq., A. H. Compton, Esq., Hoa. Mr. S. H. Dodwell, G. Miskin, Esq.,
£3,000,000
£3,000,000
prietors.
,000,000,
HEAD OFFICE, LONDON:
38, Bishopsgato E.0.2.
Sub-Arenales In London: 117/123, Leadenhall Street, EQ2 West End Branch: 14/16, Cockapur Street, SW 1 Manchester Branch: 52, Mosley Street, Manchester, 2
ALOR STAR ANZITOAR
PINANG
MANGOON
AGENCIES AND BRANCHES:
EARNIN HONG KONG LLOHA под KARACHI
BANGKOK BATAVIA
BOMBAY
CALCUTTA
AGENCIES: Quva Sant
KLASO KOB XUALA
LUMPUR KUCHING
BAIGON
SEREMBAN
SHANGHAI
SINGAPORE
BITIAWAN
.
37 cts,
36-5/B
34-1/4
37.cts. 36-7/8 of 1/8 38-5/8
36-1/2 off 1/8 34-1/4 33-3/4 off 1/2
K. S. Morrison, Esq.,
T. E. Pearce, Esq..
Previous close Today's close
O. C. Roberta, Esq.,
buyers
buyers
13-3/8
13-3/8
Change unch.
Hon. Mr. A. L Shield, Sir-Vandeleur M. Grayburn,
13-1/4
13-1/4.
Chief Manager. Six Flaca
* 13
13
Branches:"··
∙11-3/
.... 11-1/4
11-3/4 11-1/4
Amoy
Johore Rangoon
DANTOX CAWMPORI CELU
KADRIS
Bangkok
Kobe
Huluang Rly 5%. 1911
German, Issue). Lung Tsing & U Hal
Rly.. 5% 1913
S'hai-N'King Rly. 5%
Tientsin-Pukow RIF. 5%
(Brit Stpd.)
The market was dull and featureless.
NEW YORK COTTON: A feature was the steadiness of July .position under liquidation. The market was otherwise quiet with the tone slightly easier on moderate Southern selling and realizing. Continued large goods sales are expected to stimulate increasing Trade buying.
NEW YORK RUBBER:
The market is reflecting liberal offer- ings from the East. The Trade is cautious on the opinion that un- less actual warfare reaches the Netherlands East Indies and British Malaya, our imports are not likelyto be interrupted.
Batavia
Kawiont
Saa
Bombay Kusla
Calcutta
Lampur Shanghai HAMBURG
Canton
London
Chefoo
Lyons
Sourabaya
Colombo
Malacca
Sangel
M..
Dairen
Manila
Foochow
Muar
Haiphong
Hankow
Harbin
Iloilo
New York Tsingtao Peiping Yokohama
CHICAGO WHEAT: Prices rallied might enter the Spring areas,
on fears that black-rust
Ipoh
80+ 79% 801 60
·10.76 10.50
797
Prev. Today's High Low. Close Close Change 10.35 10.23 10.25 10.27
.02 up 22.75 22.25 22.50 22.45.35 go
Unch
791
607
109.
10,65
Opening
Closing
.......................... 10.25/25
10.25/25
-10.27/28
10.50/50
10.45/46
10.49 N
9.41/43
9.37/37
9.37/97
*9.24/24
9.22/22
9.21/21
.04 off 403 off
9.13 N
9,11/11
9.09 N
.04 off
8.97 N
8.95/95
8.92 N
.05. off
9.81/81
8.79b/80a
8.76/76
11.02 N
11.04
.05% off .02 up
Total sales Saturday:-28,100 bales,
22.82/80
22.00b/23.00a 22.45/45
20.14/14
18.81/81
20.15/15 18.80/80
19.62b/68a 18.40/40
Of .52 of
.41 off
18.66 .N
18.65a
18.15 N
51 off
18.48 N ..... 18.39 N Total sales:-810 tons.
"וי
17.80b/900 17.73 N
.80 off 166 off
791/791
79+/791
801/793 BOL/791
....... 801/801 800/801
* Saturday's sales: 8,710,000 bushels."
708/798 791/80 804/809
unch. unch
627/027 621/824
- 813/813
1 ca
801/800
601/601
109/109
581/58+ 581/581
$81/581
955
off
DIT
716
7112
71ja
unch.
73 b
7310
unch
75ła
75/75
of
10.65/65 10.50b70a 10.56/58. 10.85b/90s 10.82/82 10,77b/85% unquoted
34-3/4 3,70
09. off .08. off