STOCKS
Last Sale |
STOCKS
Last Sale
"July 13
July 13
Adams Express
5
Alleghany Steel Co.
211
Kennecott Copper Lakey Foundry & Mac:
244
3"
+1
Allied Stores
51
370
Libbey-Owens-Ford
Glass
36.
On Singapore:---
Allis Chalmers
294
Lockheed Aircraft.
251
On demand
59 3/4
Aluminium Ltd,
.591
Loew's Inc.
241
On Japan:-
Amer. Can
941
Loft Incorporated
231
On demand
06 3/4
American Cyanamid B. ...
313
Mack Truck Inc.
19*
NEW YORK, July 13, 1940-
On India:-
Amer. & Foreign Fower ...
1+
| Martin, Glen L
28+
Amer& Foreign $7 pf....
16
McKesson & Robbins, pfd. 21.
SINGAPORE RUBBER
33*
Mansanta Chemical
90*
124
Montgomery Ward
387
SPOT
131
National Aviation
OCT./DEC.
Amer. Radiator ....
51
Nat. Dairy Products
131
JAN./MAR.
Amer. Rolling M
11
Nat Distillers .....
194
42 1/4.
Amer. Sting and Ring Co.
35
National Gypsum......
67
On. Paris:
Amer, Sugar Refining.....
13*
National Lead .............................
1་
Bank Bills, on demand Jöss Credits 4 months' right 1100
Amer." Tel, & Tel:
180
Nat, Power & Light .........
71
Amer. Tobacco “B”
77%
National Steel Corp,
SPOT
57*
On Balgon:-
Amer. Waterworks
0
AUGUST
National Supply Corp.
On demand
SEPTEMBER
108
Anaconda Copper
194
New York Central
114
On Manila:-
Atchison, T. & S. Fa.......
OCT-DEC
154*
Niagara Budson Power
41*
45 1/4
JAN.-MARCH
Aviation Corp.
5
N. American Aviation
10
Bacock & Wilcox....
234*
North American Co.
201
144
Northern Pacific
On Sterling Notes:---
Bar Bilver per os."
Baltimore & Ohio
37.
Owens-Illinois Glass Co.
491
1/5
-21 3/4
Barber Asphalt Co. Barnsdall Of
મ
Pacific Gas & Elec
284*
Pacific Lighting
414-
wwwww
Shanghai Exchange
-Shanghai, July 13 (Reuter).
V Official T.T. Rates
Bell Aircraft Coup."
154
Packard Motors
4
"Bendix Aviation
27
Pan-American Airways
131
Bethlehem Steel
75+
Paramount Pictures
41
NEW YORK STOCKS: 121.48: Change, off .15.
Bitss & Co.
147
Pennsylvania R.R.
20
Opening
Boeing Airplane Co.
14
Phelps-Dodge
26
London
New York
Japan
Parts
0/3-3/4
Borg-Wamer ....
151
Philadelphia Read, Coal
5-11/10
Bridgeport Brass Corp.
B**
Phillips Petroleum
31
24:1/8
Briggs Mfg......
171
Pittsburg Coke & Iron
61
20-3/4N
· Brooklyn-M'hattan Trans., 231
Public Service of NJ, ...
37
Hongkong
24-7/8
Brooklyne-Man. Pid.
168*
Pullman Inc. .....
197
Budd M'facturing Corp.
31
Pure Of ......
71
Sterling
Canadian Pacifc R'way
21
Sellers
Radio Corpn. of Am...
Case, FL ..........
47
Opening
Spot
0/3-7/8
Closing 0/3-57/84
Reading Company,
Com
12"
New York Cotton. Oct. New York Rubber, Sept. Chicago Wheat, Bept."
Celanese
272
Remington Arms Co., Ing.
41"
Chicago Corn, Sept.
Chesapeake & Ohio
381
July
0/3-7/8
0/3-57/84:"
Republic Aviation Corp. ...
41*
New York Hides, Sept.
Chrysler Corpn.
63
Aus.
0/3-21/32.0/3-55/64
Republic Steel
161
NEW YORK COTTON
Climax-Molybdenum Co.
27*
Revers Cop, & Brass Inc,
81*
July
U.S. DollarS
Colts Patent Fire-Arms
75
Reynold Tabac, "B"
351*
Spot
35-31/32
$8
Columbia Gas & Elec
ST
Richfield Ou
July (New contract) October
July
5-31/32
( )
5-31/32
Columbia 8% "A" DI.......
84*
Bateway Stores
411
December (
Aug.
Calcutta, July 13 Reuter).
5-7/8
Market:-Very quiet.
Silver Duty Rate
The Central Bank of China's Consolidated. Of rate on London at 10 am. today Continental Can was 1/2-1/2d.
The Equalisation rate was 143 Copperweld Steel per. cent.
Calcutta Exchange
TT on Japan, 87-3/4.
LONDON STOCK Eagle Picher Lead
EXCHANGE
Eaton Mfg. Co.
Mec, Autolite
(REUTER'S SERVICE)
London, July 12. The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and no den. American Tranż, responsibility la assumed for errors Gen. Electric in transmission.
5-29/32
#
Commercial Credit Co.
281*
Com, & Southerî (Ørd.) Consolidated Edison
11.7
Schenley Distillers
81*
January
Scars. Roebuck
723*
March
277
Shell Union Oil
8$
May
Socony-Vacunum Oll
81
Spot
391
Southern Pacific
Bi
Continental Ol
18+
Southern Rly $5 pfd..
„18+
13
Sperry
361
NEW YORK RUBBER
Corn Products .........
481*
Spicer Manufacturing Co.. 25*
..July
Gurtiss Wright (C.).
7
Standard Brands
62
September
Curtiss Wright "A"
24
Stand Gas & Elec.
11*
January
Deere & Co.
151*
Standard Oll of California 10}
March
Distillers Corpn. Seagrams
141-
Standard Ol of NJ.
34)
May
Douglas Aircraft .....
68€
Stone & Webster
Du Pont de Nemours .....
1573
CHICAGO WHEAT
Studebaker Com.
8*..
Swift International
174
July .....
29+
Technicolor
10
September
32
Texas Corpn.
381
December
Elec. Bond & Share Elec. Bond & Share $5 pf. Eléc, Bond & Share $6 pf. Elec. Power & Light $7 p. Fisk Rubber Flintkote
19
Texes Gulf Sulphur
301
03
Timken-Axle ....................
227
CHICAGO CORN
69%
Trans-America Co.
47*
321
20th Cent. Fox
64
July
101
20th Cent. Fox. $1 pi. ...
141
September
13
Union Bag & Paper Corp.
102
December
45
Union Carbide & Carbon 682
WINNIPEG WHEAT
30Z
Union Pacific
811
Gen. MotorB
43+
July.....
United Airazalt
332
October
£
Sen. Railway 'Bignal
103
United Airlines Trans
164
War Loan, 91% (Red
after 1952)
Gen. Tire & Rubber
141"
December
United Corpn
21
994
Glidden Co.
12
United Comm. $3 cum pf. ́35"
NEW YORK HIDES
Canton-Kloon Rly. 5%
B
Goodrich (BF)
121
United Gas Corpn......
September
Chinese 44% Gold Lorn
Goodrich $5 pr.
517*
United Gas Improvement · 12) -
1898 (Brit. Issue ...... Chinese 5% Gold Bonda,
43
Goodyear Tire & Co.
141
U.S., Industrual Alephol. .... 171*
Great Northern Iron Ore ..
14.
U.S. Rubber
19
1025-47
43
Great Northern Rly, pfd,
224
|UB. Rubber 38 pfd,
75
Chin. 41% Anglo-French
Great Western Sugar
211
US. Steel
510
Loan, 1908
44
Greyhound Corpa,
11.
Vanadium
...... 30
Chinese 5% Crisp 'Loan,
Hercules Powder Co,
80
Vultee Aircraft
*
1912.
17
Homestake "Mining
43
Chinese 5% Reorg, Loan,
1913 (Lda. Is.)
International Harvester
·391*·
Walworth, Co.
31*
Warner Bros. Pict
2}
24
Int Nickel
237
Westinghouse Elec,
914*
Chinese 8% Eter. Notes.
Inter. Paper & Power
12...
Woodward Iron Cor
245*
1975 (Vickers)
Int, Tel. & Tel
21*
Chase National Bank .......
Chin, Imperial Rly. 5%
Loan
| Johna-Manville
-561
National City Bank
J. & Laughlin Steel $7 pid. 734°
tex div
Honan Rly-5% Hukuang Rly. 5%, 1911...
(LP, N/Y Issue) Bukuang Rly. 5%, 1911
Clerman Issue). Lung Tsing & U. Hai
Ely. 5% 1913..... enai-NKing Riy, 5% Tientsin-Pukow Rly. 5%
(Brit. Stpd.)) Tientsin-Pukow Kly. 5% (German Stpd.) .................... Tientsin-Pakow Rly. 5% (Brit. Stpd. Supl. Loan), Tientsin-Puków Rly. 5%
(Ger.Stpd. Bupl. Loan) - 8 Jap. 6% Ster, Loan, 1824 261 Ger. 1% Intl. Loan, 1924- Chartered Bank
ui
HK.Bhat Bank dn.
Beg...
EK. & Shai Bank (Col.)
DOW JONES AVERAGE
1059/40
High
$155.99 111:8430 Industrials
35.90 29.15,20 Rails
27.70 18.08 20 Utilities
July 14. 1840 Low"Dow Jones Averages July, 12, High Low Close Change 121.63 121.60 125:37 121.4815 öff
28.06. 23.01 - 28.05
07.up.
£88.41.02.02 up
01.22 830640 Bonds
26.08 22.59 83.20
60.67 40.69 11 Commodity Index 61.07
Dunlop Rubber
Mercantile Bank
..114
Woolworths
15/41 48/0 Maraman Investments 8/1
25/14 Bristol Aeropiane.
7/8 Imperial Chemical Ind. 23/7} United Steel
Reg)
Western Holdings
Chinese Eng" "&"Mining
Sub-Nigel.
7/0 -140
(bearer).....
15/0
Shell Trans
Trad.
Chosen Corporation 2.7. 6/6
(bearery
33/11
Pekin Syndicate ....
Shai Mec. Constr. Co.15
Nat Defence Bonda, 3% 191 London-Midlands-Boot-
Shai Waterworks":"A"
134
Man, 3
Union Insurance
201
| Great ⠀⠀ Westerni “Ralli.
Cala Kalumpang Rubber 15
Nat Bank of India, 3%
B-A Tob, (bearer)...
241
December
Previous close, 121.63; Today's close,
(REUTER'S SEKVICE)
New York Oficial 34-3/4 NY-London: Cross Rate 3.71-1/2
The 1940 maple sugar and syrup, crop in the United States is esti- mated about 22,500,000 lb, in terms of sugar. The quality is reported "as the best, and the carryover from 1939 is small. The 1940 crop
in quantity approximates the ten year average (1930-39).
Prev. Today's High Low Close Close Change 9.44 9.39 9.45 9.43 .02 on
19.25 closed T 744 734 732
731 581 571 574 57)
9.84 Closed,
+ up off
.01 off
unch.
02 of
SILVER MARKET
off
BOMBAX SILVER Market Steady. Offtake 150 bars,
Bombay, July 13 (Renter),
Indian Mint Silver, any 62-01
Ready
July 30 Bettlement
Dairen Foochow Haiphong (Johore) Tientsin
Mukden Tokyo New York Taingtao Peiping Yokohama Penang
CURRENT ACCOUNTS opened in LOCAL CURRENCY and FIXED DEPORITH received for one year or shorter periods in Local and other Our- rencies on terns which will be quoted on application,
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 COB- PORATION. Bules may be obtain- ed on application.
For the HONGKONG & SHANGHAY BANKING CORPOBATION,
V. M. GRAYBURN,
Chief Manager. Hong Kong, 85th Feb,, 1930.
THE CHASE BANK
18, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PINE STENT,
NEW YORK: An American Bank offering com plete Foreign Banking Service in the principal Markets of the world. Interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by
THE CHARN NATIONAL BANK NEW YORK, with Resources of oras U.8.42,900,000,000,
D. M. BIGGAR,
Second Vice Prea
Job?
AJ
WANT ADS
INDO-CHINA
PIPING
(Peking)
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT Accoumis opened and FIXED DEPOSIT received for Cas Year or shorter pazioda in Local or Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates obtainable on application,
The Bank's Head Office in Londen undertakes. Executor and Trustee business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branchen.
B. A. CAMIDGE,
Manager.
BANK OF EAST ASIA, LIMITED.
Authorised Capital.. $10,000,000.00 Paid-up Capital Reserve and Undivided
Profits
5,538,000.00
3,983,261.50
Head Office:HONG KONG No. 10 Des Voeux Road, Central. Board of Directors: SIE SHOUBON Cнow, Chairman Li Koon Chun, Esq Li Lan Sang, Esq, P. K. Kwok, Esq, Wong Chu Son, Laq. Wong Tun Tong, Esq. Kan Ying Po, eg, Chan Chlog Shok, Boi, Fang Ping Wab haq KAN Tosa Po, Esq., Chief Manager Li Ta Fona, Esa, Manager'
obe
Branches and Agencies:--
Advoca ang “
Manila
Engapore Ragoon Bournčaja Hatgon Bwstone Melbourne San Fraas- 'Bydney
clog Termin Benacing Shangha
New York Banitia Paris
Pripik
Every doseription of Banking and Exchange business transacted. Loane granted on approved securities.
Current Accounts epaned in Loosi Currency and Fixed Deposits ro ceived for one year or shorter periods in Local and Foreign Cur rencies on terms which will be quoted on application
SAIR DEPOSIT-BOIRE TO LET,
KAN TONG PO
Chief Manager.
BANK OF CHINA
Specially Chartered by
THE NATIONAL GOVERNMENT
OF CHINA AS AN A INTERNATIONAL, EXCHANGE BANKonta
32.56 39.49 22.63 06 of TEAM NAVIGATION COMPANY LTD PAID-UP CAPITAL $40,000,000,00
Business Done-120,000 shares
Operating Services for Cargo and Passengers
TO
Canadian factories have-deliver- ed up to May, 20,400,000 blankets, 125,000 pairs of boots, 270,000 shirts 775,000 pairs of socks, 155,000 uni- form, blouses and jackets, and 190, 000 uniform trousers, according to Hon, C.D. Howe, Minister of Muni- tions and Supply. Orders placed by the Department will keep the Canadian textiles and finishkag Industries busy to capacity for months to come Weekly, rate of production for articles is about as follows: blankets, 20,000; boots, 20,000 pairs, battle dress miforma, 6,000 suite: socks 10,000 pairs, un- derwear, 30,000-sults:
SWATOW, SHANGHAI TSINGTAU, CHEFOO
and TIENTSIN" 7
KOBE and OSAKA
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
ploase apply to
(BRANCE ALE ÖVER CHINA) Owing to our numerous Branches in Uhins 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,
Bead Office:--SHANGHAI Hong Kong Branch: QUEEN'S ROAD, C. South China Offices:
KONGMOON TOISHAN
CANTON SWATOWAR SHLUCHOW
We also handle the and other Publis Chinees Government and Abroad
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
JULY 13, 1940.
On London:-
Telegraphic Transfer. 1/8 7/4 Bank Bills, en demand 1/2'7/3 Credits 4 months' sight 1 3'3/8
On Shanghai:
On demand
On New York:-
NEW YORK STOCK EXCHANGE
Telegraphic Transfer 89 1/9 American Gas & Blec.
..and demand
Bank Bills, on demand 23 5/8 Credits, 60 days' aight 23 3/4
On Batavia:—
On demand
| Amer. Locomotive
Amer. Metals 00.
On demand
On Bangkok:~
On demand
Bank Buying Rate
149 1/2 Baldwin Lecometive
QUOTATION
(REUTER'S SERVICE)
W
JULY 14, 1940.
יו
19
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
Previous
July 13
MONDAY, JULY 15, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING COEPÒRATION
Authorised Capital....... $50,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up $20,000,000 Incorporated by Boyal Charter, 1859
Reserve Funds:
£6,500,00 Paid-Up Capital
Reserve Fund
pristors
B.K. Currency Reserve $10,000,000 Reserve Liability of Pro
Sterling
Reserve Liability of
Proprietors.........................$90,000,000.
Head Office:-HONG KONG
Board of Directors:
H. V. Wilkinson, Esq.,
Chairman. Hoa, Mr. J. J. Paterson,
Deputy Chairman.
J. K. Bomfield, Esq., A. H. Compton, Esq.,
Hoa. Mr. B. H. Dodwell,
T. E. Pearce, Esq.,
Q. C. Roberts, Esq..
Hon. Mr. A. L Shield,
Sir Vandeleur M. Grayburn,
Ohiof Manager.
£3,000,000
£3,000,000
..£3,000,000
HEAD OFFICE: LONDON:
38, Biabopagato E.C.L.
Sub-Agencies In London:
117/199, Leadenhall Street, E.Ü.. West End Branch:
14/16, Cockapur Street, B.W1 Manchester Branch:
62, Mosley Street, Manchester, 1.
AGENCIES AND BRANCHES:
ALOE STAR AMEITHAR BANGKOK NATAFIA DONEAT.
SALOUTTA
HARBIN"
"PINANG
KOOENTE ONDE OKOH
ILOILO
IPOM
KARACET ∙KLANO
AGENCIES: KON CUTE SIMMET. FOALA. Fandia Plat
CANTON..!
CAWAPUES
COLOMBO DELHI
LUMPUR
KUCHING
MADHAR
BAIGON
SEREMBAN SHANGHAI
SINGAPORA
-SITIAWAN
BOURINAKA TAIPING
*TX MESTIS IM TONGKAH
(Bhuket)
TSINGTAO YOKOHAMA
Close Opening Closing Change Buyers Buyers
36-3/4 38-3/4
37 cta.
up.1/4
34-1/2
94-1/2
34-5/8
up 1/8
G. Miskin, Esq., "
34. cta.
32 cts.
32-1/4
up 1/4
K. S. Morrison, Esq.,
The market was quiet but steady. LONDON RUBBER
Previous close Today's dloss-
buyers 12-3/8.
buyers
Change
sadie sämre 19**** saare 12-1/8
11-7/8
CLOSED
11-5/8 11-3/8
Amoy
Branches: Johore
Bangkok Kobe
NEW YORK COTTON: Unwanted rains are forecast. The scar- elty of contracts is likely further to strengthen the market.
NEW YORK BUBBER: Market closed.. CHICAGO WHEAT: Continued dry weather forecast in the North-West induced shorts to cover on a thin market.
Batavia
Kowloon
Rangoon Saigon San
сла
MANILA
MERDAN
Bombay
Kuala
Calcutta
Lampur Shanghai
Canton
London'
Singapore
Francisco BALPHONG
HAMBURG". HANKOW
NEW YORK
Chefoo
Lyons Sourabaya
Colombo
Malacca
Sangel
Manila Muar
Patani Swatow
NEW YORK COMMODITY MARKET
Bankow
Harbin
Eloilo Ipoh
Close
9.70/70
9.95 N.
9.45/45
Opening 9.74/75 9.89b 9.44/44
Closing Change
་་
9.740
.04 up
10.040
.09 up
9.43
.02 OLI
1
9.31 N
9.30/30
9.30/30
01 of
..)... 9.21 N ()...... 9.09/09
9.30a
'9.201
9.08/08:
8.91/91
8.92/93
10.50 N°
9.091 8.91/91 10.48m
H
Total sales Friday:-4,300 bales.
20.60b/70a
19.25/25
18.35 N
CLOSED
18.20 N
18.15 N
727/721
737/737
-751/752
73/731"
up
733/741
731/74
751/754
75+/75"
6.99
Friday's sales-12,779,000 bushels.
811/611
B010
571/571
58/581
541/541
544/5+1
972/572 541/54
898
London
71ja
.71ja
unch.
Bombay
Haiphong
Elgoodal
73||a
75ja
7312
74 a
7418
9.84/84
CLOSED
.10.01/01
unquoted 3.71
·01-13
Aug. 28 Settlement
and per