Last Sale
July 9
July 9
51.
25
Alleghany Steel Oo.
211
Mac,
3
Allied Stares.....
8
Libbey-Owens-Ford
Glass 37
Allis Chalmers
29
Lockheed Aircraft.
241
188
Aluminium Ltd,
58+
Loew's Inc.
24
Amer. Can.
941
Loft Incorperated .....
On demand
52 3/4
On, Japan:-
American Cyanamid B. Amer. Foreign Power
314
Mack Truck mc.
*****---4
12
Martin, Glen L
NEW YORK, July 9, 1940.
On demand
$8
Ammer Foreign $7 pf.
15)
McKesson & Robbins, p14.
On India:-9
and demand
82 1/2
American Gas & Mec, Amer. Locomotive
33+ 121
SINGAPORE RUBBER
Montgomery Ward
zy
Amer. Metals Coo
14
National Ariation
A
SPOT
| Amer. Radiator ·......
51
137
OCT./DEC.
Nat, Distillers
201
JAN./MAR.
National Gypsum
87
*13‡"·
National Lead
18
The market was quiet.
Amer. Tel, & Tel
1801
Nat Power & Light.
71
LONDON .... RUBBER
Amer, Tobacco “R”
771
National Steel Corp.
67
Amer. Waterworks
A2
National Supply Corp.
54
SFOT
Anaconda Copper
19:
New York Central
"117
AUGUST
Atchison, T. & 8, Fe. .......
151
|Niagara Hudson Power
42
SEPTEMBER
On Manila:--
Aviation Corp.
4
N. American Aviation ....
151
OCT-DEC.
On demand
46 1/4
Bacock & Wilcox
North American Co...
20
JAN.-MARCH
On Bangkok:--
Baldwin Lecometive
.144
Northern Pacific
Bl
On demand
148 1/2
Baltimore & Ohio
The market was steady.
31
Owens-Dlinois Clam Co.
50
On Sterling Notea:---
Barber Asphalt Co.
91*
Pacific Gas & Eléc
29
Bank Buying Rate ... 1/5
Barnsdal! OL
$1
Bar Silver per ox.
81 11/16
Bell Aircraft Corp.
Pacifc Lighting ....
404
14
Packard Motors
3+
Bendix Aviation
271
Pan-American Airways
14
Shanghai Exchange
Shanghal, July 10 (Reuter).
Bethlehem "Steel·
751
Paramount Pictures......
51
Bliss & Co.
13
Pennsylvania FR
191
Boeing Airplane Co.
137
Phelps-Dodge
271.
- Official TT. Rates
Borg-Warner
154
Philadelphia Read, Cos
+
Opening
Bridgeport Brass Corp.
87**
Phillips Petroleum
314
London
0/3-3/4
Briggs Mfg.
19 -
Pittsburg Coke & Iron
63
-New York
Japan
5-7/8 25
Brooklyn-M'hattan Trans.
222
Public Service of N.J,
364
Pudd Macturing Corp."
32
121.60; Change, off, 03.
Pullman Inc.
214
Paris
20-3/4N
Canadian Pacific R'way
-27
Pure Ou
7.
Hongkong
24-7/8
Case, JI
471"
Sterling
Celanese
201
Radio Carpn, of Am. .....
Reading Company,
短
Com 111*
Sellers
Chesapeake & Ohio
371
Remington Arms Co., Inc.
44.
Spot
July
Opening Closing 0/3-15/16 0/3-15/16
0/3-15/16 0/3-15/18°
Chrysler Corpn.
64
Republic Aviation Corp....
41
Climax-Molybdenum Co.
27
Republic Steel
181
Colts Patent Fire-Arms
773.
Revere Cop. & Brass Inc.
81*
Aus.
0/3-29/32 .0/3-29/32
Columbia Gas & Mec.
57
Reynold Tobac, "B"
36
New York Cotton. Oct.
U.S. Dollars
Columbia 6% "A" DI.......
84*
Richfield Of
71 "
New York Rubber, Sept.
Spot
-$6-3/16
$6-5/32-
Commercial Credit Co.
284
Safeway Stores
411
Chicago Wheat, Sept. gena
July
6-3/16
Aug.
6-3/32"
6-5/32 6-1/16
Com, & Southern (Ord,)) ...
14:
Schenley Distillers
84
Chicago Corn, "Sept.
Brooklyne-Man. Pfd.
110..
Sears Roeback
1:72
Calcutta, July 9 (Reuter),
Market:-Quiet.
Calcutta Exchange
T.T. on Japan,.88-5/8.
India Rupee Paper
Bombay, July 0 (Reuter).
Govt. 31% Rupee, 86-08-0,
LONDON STOCK Eagle Picher Lead
EXCHANGE
(RKUTER'S SERVICE)
London, July 9. 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 för errors In transmission.
Eaton Mig. 00.
Elec. Autolite
Gen. American Trans. Gen. Electric
Consolidated Edison
281
Shell Union Oil
8
NEW YORK COTTON
Consolidated On 15
61
Socony-Vacunum Oll
8
Continental Can
397
Southern Pacific
84
Juls"
Continental Oil
174.
Southern Rly $5 pfd.
182
July (New contract)
Copperweld Steel
18*
Sperry
364
October ·(...)
Corn Products
"49
Spicer Manufacturing Co.
25
December (
Ourtis Wright (C.)
81
Standard Brands
6
January
*) (4)
Curtiss Wright "A*
234
Stand Gas & Elec.
14
March
Deere & Co.......
151
|Standard Oll of California
181
May
'")
fi
Distillers Corpn. Seagrams 15
Standard„Oll of NJ.
33
Spot
Douglas Aircraft ...
072
Stone & Webster
.71
Du Pont de Nemours
1571
Studebaker Com
02
81*
Swift International
171
NEW YORK RUBBER
281
Technicolor
94
July
32
Texas Corpn.
38€
September
Elec. Bond & Share
B
Texes Gulf Sulphur
301
December
Elec Bond & Share $5 pl. Elec Bond & Share $6 pf. Elec. Power & Light $7. DL. Fisk Rubber Mintote.
631
Timken-Axle
23
January
721
Trans-America Co..
5
March
312.
20th Cent. FOX
May
101*
20th Cent. Fox, $it pf.
15)
13
Union Bag & Paper Corp.
107*
Total sales:-560 tona.
44"
Union Carbide & Carbon
877
CHICAGO WHEAT
31+
Union Pacific
804
£
Gen. MotorS
43.
United Aircraft
321
July
War Loan, 34% (Red
after 1952) Canton-Kloon Rly. 5% 6
Gen. Railway Bignal
101
United Airlines Trans
162
September
"
001
Gen. Tire & Rubber
121
United Corpn.
2
December
Glidden Co.
121
United Corpn. #3 cum pf. 347
Chinese 41% Gold Loan
| Goodrich (BF.)
12)
United Gas Corpn..... 1*
1898 (Brit. Issue) Chinese 5% Gold Bonds,
43
Goodrich $5 pf.......
52.
CHICAGO CORN
United Gas Emprovement ́ 121
Goodyear Tire & Co.
141
July
US., Industrual Alcohol.
178
1925-47.....
43
Great Northern Iron Ore
14
September
U.S. Rubber
19
Chin 41% Anglo-French.
Great Northern Rly, pid,
221
-December
US. Rubber $8 pfd.
77°
Loan, 1908
44
Great Western Sugaz
211
V.B. Steel
514
WINNIPEG WHEAT
Chinese 5% Crisp ́Loan.
Greyhound Corpn,
111
Vanadium
301
1912, *****
17
Hércules Powder Co.
80*
July
Vultee Aircraft
B1*
Chinese 5% Reorg, Loan,
Homestake Mining
52
October
Walworth Co.
31
1913 (Ldn. 14.)
24
International Harvester
331.
December
Warner Bros. Pict.
21*
Chinese 8% Ster. Notes.
Int Nickel ..........
231
Westinghouse Elec,"
007
NEW YORK HIDES
1926 (Vickers)
Inter. Paper & Power
12)
Woodward Iron Cor.
241
Chin. Imperial Rly, 5%
int. Tel & Tel
21
Loan
56
Johns-Manville.
57
Chase National Bank National City Bank
September
December
Honah Rly, 5%.......
12
J. & Laughlin Steel $7 pfd. .71
Hukuang Rly, 5%. 1911...
New York Offcial 34-3/4. NY-London Cross Rate 3.76-1/2
(LAP, N/Y Issue):
14-
Hukuang Rly..., 5%. 1911
(German Essue}
11"
1939/40
03-09 82-04
Lang Teing & U. Hal
Fly 5% 1913 S'hai-N'King, Rly. 5% Tientsin-Pukow Rly 5%
(Brit...Stpd.). *Tientsin-Pukow Rly, 5% .....
(German Stpd.) Tientsin-Pukow Rly, 5%
(Brit Stpd. Supl. Loun) 8 Tientsin-Pukow Rig. 5% Ger: Stpd. Bupl. Loan)
Jap. 5% Ster. Loan, 1907 Jap. 6% Ster, Loan, 1924 27 Ger, 1% Intl Loan: 1924 5 Chartered Bank.....
HK & Bħal Bank (Ldn.
·Reg.)
tex, dir.
DOW JONES AVERAGE
High Low Dow Jones Averages 155.92 111.84 30 · Industrials'
25.90, 99 15 20 Rails
27.70 18.03.20 Utilities. 22.22 93 0660 Bonds:
July 10, 1940 July., High Low Close Change 191,63 27 18233 121.36 151.60,03 off 28.02 36.43 - 28.17.-26.19 -17 up 39.45
1263 12.37 22.45 .18 off 88.09
*£8.06
51.40% off Business Done -300,000 shares. -
65.67 45.59 11" Commodity Index 51.79.
LONDON GOLD.
SILVER MARKET
LONDON SILVER
London, July 9 (Reuter). Silver: Little forward specula- tive selling. Business very small. Market quiet. In the afternoon, the market was quiet and idle
Spot, 21-11/16d.
Forward, 21-9/16d. *
—
London, July 9 (Reuter), Bar Gold, Fine per oz, 138/-
Dunlop Rubber
Bristol Aeroplane
BLR & S'hal Bank (Col
•Reg). Chinese Eng & Mining"
(bearer)
Woolworths crime
65
24/8 8/102 Imperial Chemical Ind. 23/9 United steel
16/3 49/3 Marinan Investments 8/9
Western Holdinga
Sub-Nigel
7/69 147/8
Stell Trans
Trad
S
Nat, Defence Bonds, 3% 991 London-Midlands Scot-
Great Western Rail-
way, 3%
Ready
July 30%
Nak Bank of India 3%
Aug. 28
Chosen Corporation. 6/6 Pekin Syndicate
Bhai Kec. Constr. Co... - 15. 6'hal Waterworks "4" **;* Union Insurance
t
Gula Kalimpong Rubber 15 B-A Tob (bearer)65 Mercantile Bank
BOMBAY SILVER
Bombay, July 9 (Reuter); Market ulet. Oftake 150 bars.
NEW YORK COTTON: active: The South sold and the trade bought. There was some evidence of price-fixing towards the close. Weather conditions favourable in the Eastern belt.
NEW YORK RUBBER: The tightness of the shipment, market is discouraging selling. The market la very quiet.
CHICAGO WHEAT: Prices steadied at the decline on less pres- sure of hedge-selling and on reports of unfavourable weather con- ditions in parts of the North-West.
of
unch :00 up
.03 of
Lyons "Bourabaya
Palani Swatow Haiphong (Johore) Tientsin
Mukden
Tokyo New York Tsingtao Peiping Yokohama Penang
Iloilo Ipoh
(Peking)
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCousas opened and FIXED DEPOSITE received for One: Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNT also opened in Local Currency and Starling with interest allowed at rates obtainabia on application.
The Bank's Head Office in London
CURRENT ACCOUNTS opened in LOCAL CURBENOT and Fix Drors rooived for one year or shorter' periods in Local and other Our- rencies on terms which will be undertakes Executor and - Trustse quoted on application.
business, and claims recovery of Also up to date Sim Drosir British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.
R. A CAMIDGE
Manager,
Boxes in various sizes To Lay ∙Hong Kong, 28th 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 HONGKONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 5th Feb., 1930.
THE CHASE BANK
15, QUEEN'S BOAD, CENTRA).
HEAD OFFICE:
18, PINE STREET,
NEW YORK An American Bank offering com
plete Foreign Banking Servi in the principal Markets of thi world.
Interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by THE CHASE NATIONAL BATY, New York, with Resource. of on I.B.42,900,000,000,
D. M. BIGGAE,
Second Fige Pre
A Job?
WANT ADS
INDO-CHINA
STEAM NAVIGATION COMPANY LTD
Operating Services for Cargo and Passengers
TO-
SWATOW, SHANGHAL TSINGTAU, CHEFOO:
and TIENTSIN
KOBE and OSAKA"
BINGAPORE, PENANG and CALCU SANDAKAN
HAIPHONG
All steamers berth alongside the Boosevelt Terminal in the French Concession at Bhanghai, whore passengers and cargo are landed
For further particulara
plesso spply to
BANK OF EAST ASIA, LIMITED
Authorised, Capital......$10,000,000,00 Paid-Up Capital.
***** 8,588,000,00 Reservs and Undivided
Profits
3,983,261.50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central.
Board of Directors:
SIR SHOUSON Unow, Chairman Li Koos Chan, Esqe. LI Las Sang, Esq. P. K. Kwok, 549. Wang Chu Sony Esq. Wang Tun Tong, Eng. Han Ting Fo, Reg. Chan Chlag Bhok, Baq, Fung Ping Wal Eng KAR Tona Po, Esq., Chief Manager Li Tax Foxo, Esq, Manager
Branches and Agencies:-
Kevin
Penang Singapore Bangoon Bourabaya
Bustow,
Malboum den Fran- Hydney
Shanghai
Every description of Banking ind Exchange business transacted. Loszus granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposits re- ceived for one year or shortar periods in Local and Foreign Cur rencies on terms which will be quoted on application.
SAFE LEPOSIT BOXES TO LET
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL: $40,000,000. BE (BRANCHES ALL OVER CHIWAY Owing to our numerque Brioches in China and connections in the principalCommercial Centres of the World, we are able to extend o our Clienta special facilities for Domestic and Foreign Banking and Exchange.
Bead Office: BHANGHAI
Hong Kong Branch: QUEEN'S ROAD O South China Ofees.
CANTON
SWATOWY
SHI OW
KONGMOON TOISHAN
QEY KINGCHÓW We also handle the fade of Bonds Pablis Fund of the vernment both at Home!
HOT
PAGE 10 HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING » QUOTATIONS
JULY 10, 1940.
On London:-
Telegraphic Transfer. 1/2 7/3 Bank Bills, en demand 1/2 7/8 Credits 4 months' sight 1:33/8 On Shanghai:--
On demand
On Bingapore:-
NEW YORK STOCK EXCHANGE
STOCKS
Adams Express
QUOTATION
(REUTER'S SERVICE)
JULY 10, 1940.
Last Sale!
Telegraphic Transter.
On New York:--
Bank Bills, on demand 23'1/8 Credits, 50 days' night 24 1/2 -
On Batavia:-
On demand ............... 43 1/8
On Paris:
Bank Bills, on demand 1086 Credits 4 months' sight 1160
On "Baigon:
On demand ......
****** 108
Amer. Rolling M... 11 Amer. 8'ting and Ring Co.. 351 Amer, Sugar Refining
221*
STOCKS
Kennecott Copper Latey Foundry
Monsanto Chemical
Nat, Dairy Producta
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
THURSDAY, JULY 11, 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 Incorporated by Royal Charter, 1858
Reserve Funds Sterling
£6,500,000 Faid-Up_Capital” ........... £3,000,000 H.K. Currency Reserve $10,000,000 Reserva. Liability of Pro- Reserve Liability of
Proprietors
..$90,000,000
Head Office:-EONG KONG
Board of Directors: E. V. Wilkinson, Esq.,
Chairman Hon. Mr. J. J. Paterson,
Deputy Chairman.
J. K. Bousfield, Esq., A. H. Compton, Esq. Hon. Mr. S. H. Dodwell, G. Miskin, Esq.," K. S. Morrison, Esq., T. E. Pearce, Esq., C. C. Roberta, Esq... Hon. Mr. A. L Shield
Sir Vandeleur M. Grayburn,
Chief Manager.
Reserve Fund
prietors
***, £3,000,000
£3,000,000
. HEAD OFFICE: LONDON: 38, Bishopsgate 2.0.9.
Sub-Agenales In London:
117/189, Leadenhall Street, E.CLA West End Branch:
ii
14/16, Cockspur Street, B.WL Manchester Branch:
52, Mosley Street, Manchester, &
AGENCIES AND BRANCHES:
ALOM STAR AMRITSAR ΜΑΧΑΙΟΣ
BATAVIA
·BOMBAY
CALCUTTA
HARBIN
HONG KONG MANGGON
AGENCIES: KOBE OLITE HIREET KUALA FAIRLAR PLAUR CANTON
DAWNFORM
CEBU COLOMBO DELHI
Francisco HAIPHONG
LUMTUR
ILOILO
SAIGON
IPOR
HERMEAT
XABACHI KLANG
SHANGHAI
BINGAPOR
SITIAWAN
BOULAMAYA
TAIPING
KUCHING
TIESTULE
KADĪBAS
JONGKAN
MANILA
(Bhuket)
KIDAN
THINOTAÐ
NEW YORK
PELPING
TOKOHAMA
Previous Close Buyers
*July 9 Opening Closing
Buyers
Change
37 cts.
38-7/8
34-3/4
34-5/8 34-1/4 32-1/2 32-3/8 32-1/8
38-3/4 of 1/4 off. 1/2 off 3/8
Previous close Today's close-
buyers
buyers
Change
m. 12-1/2
13-1/2
unch
12
12-1/8
up 1/8
11-3/4
11-7/8
up 1/8
11-1/2
11-5/8
up 1/8
11-1/4
11-3/8
Amoy
Branches: Johore
up 1/8
Bangkok Kobe
Batavia
Kowloo
Rangoon Saigon San
Liquidation of July options was fairly.
Bombay
Kuala
Calcutta
Lumpur Shanghai
Canton London
Singapore
HAMBURO HANKOW
are
Chefoo
Colombo
Malacca Sungat
Dairen
Manila
Foochow
Muar
Bankow Harbin
NEW YORK STOCKS:
Previous close, 121.63; Today's close,
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE);
19.30 19.10
77 751
581
New York Hides, Sept........... 10.42
574 10.29
Prev. Today's High Low Close
Close Change 9.409.33 9.40 9.33 .07 off 19.11b 19.2009 "up 781 751 off 58
58ja
i up 10.34b 1031 03 of
Close
Opening
Closing
9.85/87-
10:10 N.
9.40/40
8.28/28
8.85/75 unquoted 9:87/36 9.22/22
9.82/63
Change
23
9.10 N
9.11/11
9.01/01
8.98/97-
...... 8.84/84
8.81/81
10.60 .N
9.300 9.33/34
· 0.18/18 9.03n 8.94/94 8.77/77 10.48n
08 off
30 of
.07 Of
*.08 off
.07 of
07 off .12 off
Total sales Monday:-8,400 bales.
20.70/70
20.70/70
18,30 N
18.20 N
28.05/05
19.11b/20.. 19.00b/15a 18.25b/400 unquoted 17.95b:
18.20/20
18.256/30a
17.98. N
18.170 18.05n
18.00n
.05 .of ,03 off unch. .02 up
754/751
راية
747/74
781/781 761/761
757/751
771/774 771/77}
761/761
off off off
Monday's sales:-24,977,000 bushela.
Aar Betaria Bombay'
Loudon
Mari
Haiphong Hankow
New York
Bestie
Homedaln
Labe
Pupung
81/611
581/581
58/571
551/537
542/547
81/01 58ja 551/551
únch.
# up
71ja
Tija
unch.
73ja
73ja
734a
74ja
74ja
10.34b/35a 10.42/43
10.53b/54a10.63/63
10.31/31 10.50b/55a. 34-3/4"
.03 off
3.77-3/4