STOCKS
-Last Sale
STOCKS
Last Sale
July 13
July 13
Adams Express
54*
Kennecott Copper
241
Alleghany Steel Co.
214
3.
Allied Stores
57
Libbey-Owens-Ford
Glass
361
Allis Chalmers
291
Lockheed Aircraft
251
.370
Aluminium Ltd.
59.
Loew's Inc.
241
On demand
52 3/4
Amer. Can
941
Left Incorperated
237
American CyanamidTM B.
31
Mack Truck Inc.
19*
On Japan:-
On demand
93
Amer. Foreign Power
13
Martin, Glen L...
28+
On India:
Amer & Foreign $7 pt.
16
McKesson & Robbins,"pf4.
21.
NEW YORK, July 13, 1940.
American Gas Elec.
33*.
Monsanto Chemical
90*
182 1/2
Amer. Locomotive
124
Montgomery Ward
331
SINGAPORE RUBBER
"
Amer. Metals » Co.
· 134*
National Aviation
Amer. Radiator
53
Nat, Dairy Products
138
'S POT
Amer. Rolling 14
11
Nat, Distillers
194*.
OCT./DEC.
On Batavia:-
Amer. Sting and Ring Co. .35
National Gypsum
મ
JAN./MAR.
***** 42 1/4
Amer, Sugar Refining
13.
National Lead ...
151
Amer. Tel, & Tel.
160
Nat, Power & Light
Amer. Tobacéo "B"
77}
National Steel Corp.
57"
LONDON RUBBER
6
National Supply Corp.
191
New York Central
113
SPOT
108
Atchison, T. & 8. Ft.
154*
Niagara Hudson Power ...
42"
AUGUST
On Manila:-
48 1/4
Aviation Corp. .... Bacock & Wilcox ..... Baldwin Lecometive
5
N. American Aviation
18
SEPTEMBER
231"
North American Co...
201
OCT.-DEC.
141
Northern Pacific
6.
JAN.-MARCH
140 1/2 Baltimore & Ohio
31
Owens-Illinois Glass Co. ...
401
On Sterling Notes:-
Barber Asphalt Co.
Pacific Gas & Elec
'28)*:
15
Bank Buying Rate 16
Barnsdall Of
72.
Pacific Lighting
417*
Bar Silver pêr ûs, ..........
Shanghai Exchange
Shanghai, July 15 (Reuter)
Sterling
Bellers
Bell Aircraft Corp.
151
Packard Motors
4
Bendix Aviation
271
|Pan-American Airwayş
131
Bethlehem Steel
75)
Faramount Pictures
41.
Bliss Co.
14*
Pennsylvania" R.R.
20
Boeing Airplane Co..................
14)
Phelps-Dodge
26
Borg-Warner
15
Philadelphia Read, Coal-
Opening Closing
Bridgeport Brass Corp.
32*
Phillips Petroleum
318
NEW YORK STOCKS: 121.48; Change, of 15.
8pct
..... 0/3-7/8
0/3-29/32
Briggs Mfg. ......
17+
Pittsburg Coke & Iron
#
July
0/3-7/8 0/3-29/32
Brooklyn-M'hattan Trans.
231
Public Service of NJ,
.37*
Atix.
apot...
July ****** Aug.
0/3-27/32 9/9-7/8
$5-31/32
Market:-Uncertain.
Officlat TT. Rates
Brooklyne-Man. "Pfd.
105*
Pullman Inc.
191
U.S. DollarS
Budd Mfacturing Corp.
31
Pure Of ......
72
$0
Canadian Pacifc. R'way
21
Radio Corpn. of Am.
41
5-81/32
5-7/8
Case, JI.
471*
Reading Company,
Com
12
529/32
Celanese
27}
Remington Arms Co., Inc.
41*
Chesapeake & Ohio
.302
Republic Aviation Corp.....
41*
Chrysler Corpn.
.63
Republic Steel
167
Opening
Climax-Molybdenum Co.
27*
Revere Cop. & Brass Inc...
81*
New York Colton, Oct.
London
0/3-3/4
Coits Patent Fire-Arms
75
Reynold Tobac. "B"
353*
New York Rubber, Sept.
New York
5-11/16
Columbia Gas & Elec.....
51
Richfeld O
71
Chicago Wheat, Sept.
Japan i
24-1/8
Columbia 6% "A" pf.
84*
Safeway Stores
41"
Chicago Corn, Sept.)
Paris
Hongkong
✰
901
*20-3/4N 24-7/8
LONDON STOCK Continentas Can
EXCHANGE
-(REUTER'S SERVICE)
London, July 12. The following quotations are the middle prices at the close of the market in London. All quotations gre subject to confirmation and no responsibility is assumed for errors ja transalssion.
"
War Loan, 3%. (Red
after 1052)
Continental On Copperweld Steel Corn Products
Curtiss Wright (C) Curtiss Wright "A" Deere & Co. ................. Distillers Corpn. Sesgrams Douglas Aircraft Du Pont de Nemours Eagle Ficher Lead
Commercial Credit Co.
281*
Schenley Distillers
81*
New York Hides; Sept.
Comi. & Southern (Ord.)
14
Sears Roebuck
721-
Consolidated Edison ... Consolidated Oil
* 271
Shell Union OH ................
B
NEW YORK COTTON Close
Socony-Vacunum Of
July
391
Southern Pacific
67
July (New.contract)
181
Southern Rly $5, pfd.
181
October
18
361
Sperry
December
431*
Spice Manufacturing Co.
25*
January
7
Standard Brands
March
241
11
Stand Gas Elec.
May
151*
Standard Oll of California
181
Spot
141*
Standard Ol of N.J.
344
68"
Stone & Webster
81
1571
Studebaker Com,
8*
Swift International
173
NEW YORK RUBBER
Eaton Mig. Co.
29}
Technicolor
10
July......
Elec, Autolite ..
32
Texas Corpn.
381
September
Elec. Bond & Share
BL
Texes Gulf Sulphur
303
Elec. Bond & Share $5 pf.
63
Timken-Axle
2:24
January
March
Canton-K'loon Rly. 5%
$
Elec Bond & Share $8 pt.
691
Trans-America Co.
42°
.May
Chinese 41% Gold Loan
Elec. Power & Light $7 pf.
32)
20th Cent. Fox.
61
1898 (Br Issue)
43
Fisk Rubber
101
20th Cent. Fox, $14 pf. ....
148.
CHICAGO WHEAT
Chinese 5% Gold Bonds,
1925-47
Fiatkote
131
Union Bag & Paper Corp.
10
43
Gen. American Trans.
45
Union Carbide & Carbon
888
July
Chin. 41% Anglo-French,
Gen. Electric
30%
Union Pacific
811
September
Loan, 1908
44
Chen. Motors
431
December
United Aircraft
33"
Chinese..5% Crisp Loan,
Gen. Railway Signal
101*
United Airlines Trans ....
164
1912
17
Geh. Tire & Rubber
141
Chinese 5% Reorg, Laan,"
United Corpo,.
21
Glidden Oo.
12
1913 (Ldn. Is.)
24
United Corpn. $3 cum pt.
35*
CHICAGO CORN
Goodrich B.F.)
121
United Gas Corpn.
....
11
Chinese 8 Ster. Moter.
Goodrich $5 pf.
517'
United Gas Improvement
131
July
1925 (Vickers)
Chin. Imperial. Rly. 5%
Goodyear Tire & Co. ..................
14:
US.. Industrual Alcohol.
་་ན་
September
Great Northern Iron Ore ..
14
December
LORN
56
US. Rubber
19
Henan Rly, 59%
12
Great Northern Rly, pfd,
227
US. Rubber $8 pfd.
75-
Hükuang Rly, 5%, 1911.
Groat Western Sugar
21
WINNIPEG WHEAT
D.S... Steel
519
Greyhound Corpn.
-11
(LP, N/Y Iɛste)
Vanadium
30
July
fiercules Powder Co.
80
Hukuang Rly 5%, 1911
Valtee Atrcraft
51*
October
Homestake Mining
43
Walworth Co.
31
German Issue)
December
International Harvester ....
391*
Lang Ting &. Hal
Warner Bros. Pict
21
Riy. 5% 1913
11
Int Nickel
237
Westinghouse Elec.
911"
NEW YORK HIDES
S'hal-N'King Bly. 5%
15
Inter. Paper & Power
121
Woodward Iron Cor.
244"
entsin-Pukow Rly. 5%
Brit. Stpd.)
int, Tel. & Tel
21.
Johns-Manville
561*
8
Chase National Bank National City Bank
September
December
J; & Laughlin Steel 7 pid. 73f
New York Official
1-ex. div.
...... 34-3/4 NY-London Cross Rate 3.71-1/2
lentsin-Pukow Ely. 5% · (German Stpd.)... Tientsin-Pukow Rly. 5%
(Brit.Etpd. Supl. Loan B Tientsin-Pukow Rig. 5%%
Ger. Stpd, Supl Loan) 8
Jap. 8 Ster. Loan, 1924" 261 Ger. 7% Intl. Loan, 1924 4 Chartered Bank
Pekin Syndicate........ S'hai Elec. Constr. Co.
1999/40
DOW JONES AVERAGE
July 14, 1940
High Low Dow Jones Averages July. 12, High Low Close Change
155.99 111.84 30 Industrials
36.90 22 16 20 Rails
87.70 18 03 20 Utilities
29.22
83 06 40 Bonds
121.63 121.60 121 37 121.48 16 off $5,90 26.06 26.01 28.05 07 up $2.69 22.55 22.49 22.5306 off 88.41 .02 up 68.39
65 67 4659 11 Cartãodity Index $1.07
Business Done -120,000 sharesi
RAW SILK OF SZECHWAN
Continued from Page 9)
Manchung has two sericulture de-Besides Ezechwab, other silk partments, of the Central Advan- centres will also be established in ced Technical School and of Free China by the Government. the Nanchang Girls". Vocational The Ministry of Economic Affairs
has planted 15,000,000 mulberry. School.
H.K. & 8'hal Bank (Lan.
Re
63
B.K. & Shat Bank (Col.
Item
65
Chinese Eng & Mining
(beater)
15/6
Chosen Corporation
8/6
2.
.5
Bhat Waterworks "A" ...
131
Union Insurance
20
Gula Kalumpong Rubber 15
B.-A, Tob. (bearer)
85
Mercantile Bank
Dunlop Rubber ...........
Woolworths. ...eriodunviderei Merzman Investments - 8/14 Western Holding...... Sub-Nigel.
..... 114.
25/11 Bristol Aeroplane
7/8 Imperial Chemical Ind. 23/7). United steel
15/4) 48/0
37/$
T40
tish, 3%
11
Shell Trans · & Trad
(bearer)
33/11 Hat Defence Bonds, 3% 901
Great Western · Rail- Nat Bank of India, 3% 28
way 3%
241
Kiating has the Klagra Pro tree seedlings in Sikang and pre- vincial Servicultural School as pared for a large-scale silkworm well as the 'Kiangsu Provincial raising programme by sending ex- "Girls' Sericultural School Pishan perts and giving, a subsidy of in eastern Szechwan has the sixth $200,000.*. institution, the Sericulture De- partment of the Chengtsal Girls Middle School
London-Midlands-Scot-
Yunnan is also getting encour agement from the Central Gov ernment. The province has grown 3,300,000 mulberry tree seedlinge and plans to raise 1,000,000 sheets of improved silkworm eggs this year to give the province's silk- worm growers better and heal- their silkworms.
NEW YORK COTTON: Unwanted rains are forecast. The scar-, city of contracts is likely further to strengthen the market.
NEW YORK RUBBER: Market closed.
CHICAGO WHEAT: Contioned, dry weather forecast in the North-West induced shorts to cover on a thin market.
Prev. Today's High Low Close Close Change 9.44 9.39 9.45 9.43n..02 of
closed 731 † up 57. off closed
.04 up .Đà
Dairen
Patani
Manila Foochow
Muar.
Swatow Haiphong (Johore) Tientsin Backow Makdon Tokyo
New York Tsingtao Peiping Yokohama Fenang
* CURRENT Accounts opened in LOCAL CUBBINGY and FIXED DEPOSIT received for one year or shorter periods in Local and other Our- rencies on terms which will be quoted on application.
Also up to date Sara DEPOSIT Borks in various sizes To LE Hong Kong, 28th February, 1940:
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the HONGKONG SHANGHAI BANKING COB- PORATION. Rules may be obtain- ed on application.
For the Hongkong & ShapGRAI BANKING CORPORATION.
VM: GRAYBURN,-· Chief Manager. Hong Kong, 25th Feb., 1939.
THE CHASE BANK
18, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PIN STELET,
NEW YORK. An American BankTM offering com
plete Foreign Banking Servior in the principal Markets of the world.
Interest Rates ou Application.
́SAFE DEPOSIT, BOXES
HANKOW
TOKOHAMA
PRIPING,
(Peking).
FOBLON EXChange and General Banking Business transacted...
CURRENT Accovers opened and Flexd: Deposits received for One Year or shorter periods in Local or Other Currencies - at rates which will be quoted on application.
SAVINGS ACCOUris also opened in Local Currency and Sterling” with interest allowed at rates obtainable on application.
41
The Bank's Head Office in London undertakes Executor and Trusted business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.
BA. CAMIDGE,
Manager,
BANK OF EAST. ASIA, LIMITED
6,588,000.00
Authorised Capital......$10,000,000.00 Paid-Up Capital | Reserve and Undivided,
Profits
2,963,281.50
Head Office:--HONG KONG No. 10 Des Voeux Road, Central,
Board of Directora: SIR. SHOURON Onow, Chairman
Li Koox Chan, Eng Li Lan Sang, Eng. P. K. Kwok, Eaq Wong Chu Sa, Esq. Wing Fun Tong, Esq. Kar King Po, Rag. Chan Chúng Bhok, Kacy Fung Ping Wah Esq. KAN TONG Po, Esq., Chief Manager LI TA FONG, Esq., Manager
Amay
This Bank is entirely owned by obe
TEL CHALL NATIONAL BANK, NEW YORK, with Hasources · of ́orm -1.9.$2,000,000,000,
D. M. BIGGAR,
Second Pipe Pre
Ajob?
WANT ADS
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Passengers
TO
SWATOW, SHANGHAI, TSINGTAU, CHEF
and TIENTSIN.
KOBE and OSAKA
SINGAPORE, PENANG and CALCU
SANDAKAN
HAIPHONG
All steamers berth alpagaide the Roosevelt Terminal in. the Franch Concession at Shanghai, where passengers and cargo are landed.
For further particulara
please apply to
MATHESON: CO. LT
TELEPHANTHOXIDGENERAL MANAGERS:
Branches and Agencies:-
Ko'rloom London Muells
Malbouras
Pelytit
Blogapor Bangoon- Soczabaya
olano Tintễn.
Heattle
• Stanghal
Daved
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
Current Accounts spened in Local Currency and Fixed Deposits re- ceived for One'
year or shorter periods in Local and Foreign Car 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 ÎNTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL: $40,000,000,00
(BRANCHES ALL OVER
CHINA)
Owing to our numerous Branabes. in China and connessioni 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, QUEEN'S BOAD, C. South China Offices:
CANTON
BWATOW
SHIUCHOW
KONGMOON TOISHAN WKINGCHOW
We also handle the ide of Bonds and"other":"Publis: Funds of the Chinese Government both at Home and Alroad.
SHOUJ. CHEN,
Manager
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS,
JULY 15, 1940. “..
On London :--
Telegraphic
Transfer. 1/9 1ŝa Bank Bills, on demand 1/2 1/8. Credits 4 months” sight 1/3 3/8
On Shanghai:-~~-
On "demand
On Singapore:-..
NEW YORK STOCK EXCHANGE
Telegraphic Transfer:
and demand
On New York:-
Bank Bills, on demand 226/8 Credits, 50 days' sight 23 ax
On demand
On Paris:
Bank Bills, on demand 1986 Credits 4 months* right (180
On Balgon:-
On demand
On demand
On Bangkok:-
On demand....
Amer. Waterworks Anaconda Copper
QUOTATION
(REUTER'S SERVICE)
JULY 14, 1940.
Lakey Foundry & Mac.
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE
BUILDING
TUESDAY, JULY 16, 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:
Paid-Up Capita] £6,500,000 Reserve Fund
£3,000,000
Sterling.....
Reserva Liability of
Proprietors....
..$20,000,000
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro-
priscons
£3,000,000
£2,000,000
HEAD OFFICE: LONDON:
Head Dinite: HONG KONG
Board of Directors: H. V. Wilkinson, Esq...
Chairman. Hon. Mr. J. J. Paterson,
Deputy Chairman. J. E. Bousfield, Esq... A. H. Compton, Esq., Hon. Mr. 8. H. Dodwill,·
38, Bishopsgate E.C.3. Sub-Agencies In London:
I
117/12%, Leadenhall Street, E. Ca West End Branch: 14/16, Cockspur Street, S.W L Manchester Branch: 52. Mosley Street, Manchester, 2.
AGENCIES AND BRANCHES:
HARDIT PENANG HONG KONG KANGOON
ALOR NPAR AMRITSAR
HONGKONG
COMMODITY
MARKET (FROM PAYNE & ÇÒ.)
REVIEW
.il
Previous July 13
Close Opening Closing Change Buyers Buyers
36-3/4:
34-1/2
38-3/4 37 cts: 34-1/2
up 1/4
34-5/8
G. Minkin, Esq.,
up 1/8
E. S. Morrison, Esq.,
34 cts.
32 cts.
32-1/4
up 1/4
T. E. Pearce, Esq..
The market was quiet but steady.
Previous close Today's close
buyers
buyers
Change
12-3/8
12-1/8
11-7/8
CLOSED
Amay
....... 11-5/8
11-3/8.
Bangkok Kobe
Batavia
Kowloon
Johore Rangoon
Saigon San
C. C. Roberta, Esq.,
Hon. Mr. A. L. Shield»,
Sir Vandeleur M. Grayburn,
Chief 'Manager.
Branches:
11
LANG AGENOLES: XOB CLATE SE
FAIRLIN PLACE CANTON
KUALI
A LUMPUR
KUCHING
MADRAR
BOURABAYA TAIPING
TIKSTEIN TONGRAN
(Bhuket)
SANGKOK BATAVIA BOMBAY KALOUTES
ILOILO IPOR
BAIGON
BEREMBAN
КАВАСНІ
SHANGHAI
BINGAPOE
SITIAWAN
CAWAPOND
CEBU
COLOMBO
MANILA
DILHI..
МЕГАЯ
TSINGTAO
Bombay
Kuala
Francisco HAIPHONG
NEW YORK
Calcutta
Lumpur Bhanghai
HAMBURG
Canton
London
Singapore
Chefoo "Lyons
Sourabaya
Colombo Malacca
Sungei
Previous close, 121.63; Today's close,
Harbip
Iloilo Ipoh
NEW YORK COMMODITY. MARKET
(REUTER'S SERVICE)"
7+
58
19.25 -734 731 571 573 9.84
...... 9.70/70
9.95 N
Opening
9:74/75 9.39b
Closing
Change.
9.740
10.041
9.45/45
9.44/44.. 9.43n
02 off
·) 9.31 N
9.21 N
9.30/30 9.20a
9.30/30 9.20m
.01
9.09/09
- 9.08/09
***... 8.01/91
8.92/93
10.50 N
9.09n 8.01/01 10.48n
off .01 of unch.
02 off
Total sales Friday: 4,300 bales.
20.60b/70a
19.25/25
18.35 N 18.20 N
CLOSED
|
18.15 N
721/721
731/731
751/75
*737/741 751/75-
11
73/731 731/74 751/751
up
up
up
Friday's sales:-12,779,000 bushels-
AJAT
Batavia Bombay
Saigon
Kai Fran- Bykony
Balpbong
Magsaks
Bankow
Now York
Hoocial
Pas
61/81)
577/571 544/548
58/581 541/541 54+/54
60%b
57/571
off
***
.71 2
7318
7312
....... 7412
7112 73ła 7412
unch.
9.84/84 10.01/01
CLOSED
unquoted 3.71