STOCKS
Last Sale
STOCKS
July 20
Last Sale
July 20
Adams Express
51*
Kerinecott Copper
251
Alleghany Steel Co
211
3.
#
Libbey-Owens-Ford
Glase
381*
Allis Chalmers
201
Lockheed Aircraft
241
365
Aluminium Ltd.
60*
Loew's Inc.
233*
On Singapore:-
Amer. Can.b...
051
Loft Incorperated
22}
On demand
52 3/4
American Cyanaraid B. :.
324
Mack Truck Inc.
191*
On Japan:-
Amer. & Foreign Power
11*
Martin, Glen L
274
On demand
.30° 1/2
Amer & Foreign $7 pf.
142*
McKesson & Robbins, pid.
213
On India:
NEW YORK, July 20, 1940,
American Gas & Elec........
33*
Monsanto Chemical ....
894
and demand 82 1/2
Amer. Locomotive
121
Montgomery Ward
391
Amer. Metals Co.
14.
National Aviation
10
SINGAPORE RUBBER
Amer. Radiator
SA
Nat, Dairy Products
148
Amer. Rolling M
101
Nat. Distillers
201
SPOT
Amer. Sting and Ring Co.
35%*
National Gypsum
82
OCT./DEC.
Amer. Sugar Refining
14
National Lead
On demand..... 44
162
JAN./MAR.
Amer. Tel, & Tel.
100
Nat, Power & Light
7*
Bank Bills, on demand 1086
Amer. Tobacco "B"
77
National Steel Corp. .....
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
JULY 20, 1940..
On London:-----
Telegraphic Transfer. 1/2 1/8 Bank Bills, en demand 1/2 1/ Credits 4 months" sight 1/3 1/2
On Shanghai:-
On demand
Telegraphic Transfer.1
On New York:-
な
Bank Bills, on demand 23 1/2
Credits, 80 days' sight 25
On Batavia :--
On Parks:-
NEW YORK STOCK EXCHANGE
Alled Stores
QUOTATION
(REUTER'S SERVICE)
JULY 21, 1940.
Lakey Foundry & Mac.
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG .
COMMODITY MARKET REVIEW
MONDAY, JULY 22, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
INDIA, AUSTRALIA .
AND CHINA
Authorised Capital... 880,000,000
J
Issued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, 1858
Reserve Funda: Sterling
£6,500,000
H.K. Currency Reserve $10,000,000 Reserve Liability of
Proprietor...
..$90,000,000
Head Ofce:-HONG KONG
Chairman.
Board of Directors: H. V. Wilkinson, Esq.,
Hon. Mr. J. J, Paterson,
Deputy Chairmas.
J. K. Bousfield, Esq., A. H. Compton, Esq., Hon. Mr. S. H. Dodwell, G. Miskin, Esq.,
Paid-Up Capital...........£3,000,000 Reserve Fund
...................... £3,000,000 Reserve. Liability of Pro-
prietors
- 3,000,000 HEAD OFFICE: LONDON:
38, Bishopsgate E.03. Sub-Agencles In London: 117/18 Leadenhall Street, E.Ɑx West End Branch: 14/10, Cockapur Street, 6.W'L Manchester Branch:
52. Mosley Street, Manchester, 2
AGENCIES AND BRANCHES:
ALOR STAB AMRITHAR
RANGOON BAIGON
(FROM
PAYNE & "CO.)
Previous
July 20
Close Opening Closing Change Buyers Buyers
......
36-1/2 36-5/8 34-1/4
36-5/8 34-3/8.. 34-3/8 -31-3/4 31-7/8 31-7/8
up 1/8 up 1/8
R. S. Morrison, Esq.,
T. E. Pearce," Esq.,
up 1/8
C. O. Roberts, Esq.,
58
On demand
On Bangkok:-
On demand
On Sterling Notes:-
Bank Buying Rate
Bar Sliver per oz. .............. 22/8
Shanghai Exchange
Shanghai, July 20 (Reuter).
Official TT. Rates
Credits 4 months' sight 1160
On Saigon:-
"On demand... 103.
On Manila ---
47
Avation Corp. Bacock & Wilcox Baldwin Lecometive
149 1/2 Baltimore & Ohio
Amer. Waterworks
81
| National Supply Corp: .....
The market was quiet but steady. LONDON RUBBER
Previous close Today's close
51
Anaconda Copper
19
New York Central
...
117
buyers
buyer.
Change
Hon. Mr. A. L. Shields,.
Sir Vandeleur M. Grayburn,
Chief Manager.
BANGKOK BATAVIA BOMBAY
HARBIN HONG KONG ILOILO IPOH
KABAORI
PENANG
SEREMBAN SHANGHAI
CALOUTTA
Atchison, T. & S. Fe.
151*
Niagara Hudson Power
41
SPOT
12-1/8
42
N. American Aviation
15
AUGUST
12-1/16
231*
North American Co.
19
SEPTEMBER
................. 11-15/16
Amoy
Branches: Johore
CLOSED
14)
Bangkok Kobe
Rangoon Saigon
Northern Pacific
61
OCT.-DEC.
31
Owens-Illinois Glass On.
52
JAN,-MARCH
11-5/8 11-5/16
Batavia
Kowloon San
AGENCIES:
FAILIK PLACE
CANTON
CAWNYCHE
CEHO
COLOMBO
DELAI...
KLANG
SINGAPOR
CVT STREET KUALA
LUMPUR
KUCHING
MADHAN
MANILA
VEDAN
Bombay
Kuala
Erancisco ALPHONG
NEW YORK
BITIAWAN
SOURARATA TAIPINO TIENTS IN
TONGIAR
(Bhuket)
TEINOTAÐ
YOKOHAMA
Barber Asphalt Co.
101
Pacific Gas & Elec
29*
Barnsdall of
8
... 1/3
Pacific Lighting
41
-Bell-Aircraft Com
15*
Packard Motors
Bendix Aviation .............
*27**
NEW YORK COTTON: Washington indicates that the Govern- ment loan, on Cotton the coming season will be above nine cents and-there-has-been-talk of -ten-cent basis.
| Pan-American Airways
14"
Bethlehem, Steel
743
Paramount Pictures
NEW YORK RUBBER: Market closed.
41
.
Bliss & Co.
131
Pennsylvania RR
191
Boeing Airplane Co.
13.
Phelps-Dodge
26
Borg-Warner
151
Philadelphia Read, Coal
**
CHICAGO WHEAT: Further moisture is forecast in the dry areas in North-West. This has disturbed holders and has checked the advance.
Opening
Bridgeport Brass Corp.
Phillips Petroleum
321
- NEW
YORK STOCKS:
London
New York
Japan
0/3-3/4
Briggs Mig.
172
Pittsburg Coke & Iron
Brooklyn-M'hattan Trans.
༡༡༠ ་
121.87: Change, off 31"
.5-7/8
Public Service of N.J.
364
24-1/4-
Brooklyne-Man, Pfd.
108-
Pullman Inc.
181
Budd M'facturing Corp.
32
Paris
Hongkong
20-3/4
Pure Of
71
Canadian Pacific R'way ...
3
24-7/8
Radio Corpn. of Am.
5
Case, JI
47*
Reading Company,
Com
121
Sterling
Celanese
278
Spot
July
1
Sellers
Opening Closing
0/3-27/32 0/3-55/64
0/3-27/32 0/3-55/64
Remington Arms Co., Inc.
44*
Chesapeake & Ohio
38
Republie Aviation Corp.
44
Chrysler Corpn.
631
Republic Steel
181
Climax-Molybdenum Co...
27*
Revere Cop. & Brass Inc.
B1*
Celts Patent Fire-Armis
73*
Aug.
0/3-53/84 0/3-27/32
Reynold Tobac. "B"
361
New York Cotton, Oct.
Columbia Gas de Elec; ....
U.S. Dollars
Richfeld Of
........
72
Columbla 8% “A” pf.
821
New York Rubbery Bept.
closed
Spot
$6-7/32 $8-5/32
Commercial Credit Co.
28+
Safeway Stores
43*
Chicago Wheat, Sept.
747
July
0-7/32
8-5/32
Schenley Distillers
Com, & Southern (Ord.)
14
Aug.
...... 8-6/32
8-3/32
Bears Roebuck
727
Consolidated Edson
28
Chicago Com, Sept. New York Hider, Sept.
€01 closed
Market:Uncertain.
Silver Duty Rate
The Central Bank of China's
rate on London at 10 am, today
was 1/2-1/2d.
The Equalisation rate was 20 per cent.
India Rupee Paper
Bombay, July 19 (Reuter). Govt. 31% Rupee, 88-12-0.
Calcutta Exchange
Continental Can
Continental O
Copperweld Steel
Corn Products
Shell Union O
8*
Consolidated Oll
61
Socony-Vacunum Oll
81
381
NEW YORK COTTON
Close
Southern Pacific
81
181°
172*
Southern Rly $5 pfd.
181
Oct. (New contract?
. 9.33/33
Sperry
35
December (
***... 9.20/20
501
ནཐ*E,4
Spicer Manufacturing Co. 251
January
Curtiss Wright (C.)
ๆ
Standard Brands
6
March
9.09 N ()...... 8.99 N
Curtiss Wright ("A"
231
Stand Gas & Elec.......
11
May
Deere & Co. ........
151*
Standard Oil of California
181
Spot
2.32 N 10.29 N
Distillers Corpn. Seagrams
16
Btandard Oll of N.J.
337
Total sales Friday:-28,010 bales.
Douglas Aircraft
672..
Stone & Webster
3*
Du Pont de Nemours
157
Studebaker Com,
81
NEW YORK RUBBER
"I
Eagle Picher Lead
71
Swift International
171
Eaton Mfg. Co. ......
291
Technicolor
10.
July
22.23/25
Elec. Autolite.....
32
Calcutta, July 19 (Reuter). T.T. on Japan, "85-5/8.
Elec. Bond &"Share
Texas Corpn.
51
.38%
September
19.40/43
Texes Gulf Sulphur
31.
December
1870/70
Plec. Bond & Share $5 pt.
621
Timken-Axle '...
231
January
18.64 N
Elec. Bond & Share 16 pf.
70
Trans-America Co.
5
March '
18.45 N
Elec. Power & Light 37 pt.
33.
བྷཏྠཾ་
LONDON STOCK Fisk Rubber
EXCHANGE
(REUTER'S SERVICE)
London, July 19.
The following quotations are the
middle prices at the close of the
Gen. Tire & Rubber Glidden Co.
market in Londen. All quotations Goodrich .(BF.)". are subject to confirmation and no Goodrich $5 pr.. responsibility is assumed for errors Goodyear Tire & Co. in transmission.
20th Cent, Fox
6
May
18.45 N
103"
20th Cent. Fox. $1† pí, ........
140*
Flintkote
13
Gen. American Trazs:
44
Union Bag & Paper Corp.
101
CHICAGO WHEAT
Gen. Electric
311
Union Carbide & Carbon
871
July
741/744
Union Pactac
81
Gen. "Motors
431
September
United Aircraft
33
Gen. Rallway Signal
11.
December
741/742 78/75
United Airlines Trans
164
12
United Corpo
17
Friday's sales:-13,428,000 bushels.
"12"
United Corpn.' $3 cum pi.
322*
--12
CHICAGO CORN
521
United Gas Corpn.
131
United
15
Gas Improvement
12
July
63/83
U.S.. Industrual Alcohol ---
174**
September
Great Northern Iron Ore
14}*
601/601 601/601
U.S. Rubber
187
December
*561/56)
E
Great Northern Ely, pfd.
221
US. Rubber $8 pid,
75*
War Loan, 31% (Red
after 1952)
Great Western Bugar ......
201*
US. Steel"
501
WINNIPEG WHEAT
981
Greyhound Corpn.
112
Vanadium
291
Canton-K'loon Rly, 5%
0.
Hercules Powder Co
.80
Chinese 41% Gold Loan
Vultee Aircraft
-61
July
Tija
Hom.estake Mining
43
October
Walworth Co.
31
73ja
73ła
1898 (Brit. Issue)
35
International Harvester
397
Warner Bros. Pict.
21.
December
741a
Chinese 5% Gold Bonds,
1925-47
IntTM Nickel
*23
43
Inter. Paper & Power
124
Westinghouse Elec,
921
Woodward Iron Cor,
25)
NEW YORK HIDES
Chin. 41% Anglo-French
Int. Tel, & Tel
21
Loan, 1908
44
| Johns-Manville
54*
Chinese 5% Crisp Loan.
J. & Laughlin Steel, 17 pfd. 72
Chase National Bank National City Bank
September
8.95/95
December
9.15/15
∙1912
15
New York Official
34-3/4
Chinese 5% Reorg. Loan,
NY-London Cross Rate 3.91
...bid.
1-ex, dir.
1913 (Ldn. Is.)
20
Chinese 8% Ster. Notes.
1039/40
July 21, 1940.
1925 (Vickers)
Righ
Chin, Imperial Rly, -5%
156.02 111 94 30 Industrial
122.18 122.10 121 80 191,87
31 off
Loan
53
35.90 22 15-20 Raila
26.40
Honan Rly, 5%
12
97.70 1803 20 Utilities
22.44
Hukuang Rly, 5%, 1911...
22 13 -8306 40. Bonds
80.44
(LP. N/Y Issue)
14
06 07 - 45.59 11 Commodity Index 30.94.
Hukuang Rly.5%, 1911
(German Issue)
11.
Lung Tsing. Hai Bly. 57% 1913......... 6'hal-N'King Rly. 6%... Tientaln-Pukow Rly. 5%
(Brit. Stpd.) Tientsin-Pukow Fly. 6%
(German atd.) Tientsin-Pukow Rly. 6%
(Brit. Stpd. Supl. Loan) # Tientsin-Pakow Rly 5% (Ger.Stpd, Supl Loan)
S'hat Mec. Constr. Co. 15
S'hai Waterworks "1"
TO
15
Union Insurance Gula Kalimpong Rubber 13/0
13 20
B.-A. Tob. (bearer) ......*** Mercantile Bank
62/6 111
Dunlop Rubber...... 24/6
short. Business small steady. In the
afternoon,
Bristol Aeroplane
B/4
market was idle.
Imperial Chemical Ind. 22/10) United Steel
15/11
8
Woolworths
Jap. 6% Ster, Loan, 1924
30
Marsman Investments ...........
Ger, 7%. Intl. Loan, 1934 Chartered Bank
51
Western Holdings
8/6 7/3
*Market. Quiet,
Sub-Nigel...na
142/6
HK. S'hal Bank (Lin.
Reg.)
Shell Trans.
Trad.
Ready.
68
(bearer)
.....
32/6
July 30, Bettlement
KK & Shai Bank (Col.
Nat Defence Bonds, 3% 901
Next...... Chinese Eng. & Mining: <!(beater)
London-Midlands-Ecot-
| tish, 3%
12
15/6
Great Western Rail-
Chosen Corporation. Pekin Syndicate
Nat. Bank of India. 3%
27
way, 3%
231
DOW JONES AVERAGE
Low Dow Jones Averages July, 19, High Low Close Change
26.34 26.24 28 28
.14 "off 22.25 29.26 22:30 .14 of 88.78 .08.off
Business Done:—110,000 shkres
SILVER MARKET
LONDON SILVER London, July 19 Reuter). Silver: Bears' covered. Eupplies Market the
Spot, 22-5/Bd.
Forward, 22-1/180.
BOMBAY SILVER Bombay, July 19 (Reuter).
Offtake 50 bars.
Indian Mint Silver
Aug. 28 Settlement
02-04 +382-00 ..82-00
LONDON GOLD
London, July 19 (Reuter). Bar Gold. Fine per oz., 1887-
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE)
-unquoted.
3,90
- Manila
Singapore Sourabaya
Patani Swatow Johore). Tiontain Mukden Tokyo New York
Tsingtao Yokohama
27
CCRRENT ACCOUNTS opened in LOCAL CURRENCY and FIXED DEPOSIT received for one year of shorter periods in Local and other Our- rencies on terms which will be quoted on application.
Also up to date BA DEPOSIT Bosts in various sizes To Lar Hong Kong, 28th. February, 1940,
HONGKONG SAVINGS
BANK.
The Business of the sbora Bank is conducted by the HONGKONG & SHANGHAI BANKING CO. PORATION. Bules may be obtain- ed on application.
For the Hongkong & ShanGĦAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1939.
THE CHASE BANK
13, QUEEN'S ROAD, CENTRAL.
HEAD OFFICE:
18, PINE STREET,
NEW YORK An American Bank offering com plete Foreign Banking Bervic in the principal Markets of th world.
SAFE DEPOSIT BOXES
This Bank is entirely owned by THOR CHASE. NATIONAL BANK. Naw Youx, with. Essourcesof, over 17.8.$2,300,000,000.
D. M. BIGGAR,
Second Fies Pras
Ajob?
WANT ADS
INDO-CHINA
HANKOW
PEIFING
(Peking)
FORE ON EXCHANGE and General Banking Business transacted.
CCRRENT AccouTM opened and FIXED DEPOSIT received for One Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.
SAYINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates obtainable " on application.
The Bank's Head Office in London 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 Branches
R. A. CAMIDGE,
Manager.
BANK OF EAST ASIA, LIMITED
Authorised Capital......$10,000,000,00 Paid-Up Capital 5,508,800.00 Reserve and Undivided
Profits
.2,883,291.50
"Head Office:-HONG KONG No. 10 Des Voeux Road, Central,
Board of Directors:
8IR SHOPBON Cnow, Chairma 18 La Koen Chan, Bag, Li Lan Sang, Eng. P. K. Kwok, Ext.
Wong Chu Bau, Esq. Wong Ym Tong, Esq. Kan Ting Fo, Lag. Chan Ching Shok, Eas. Fong Ping Was Eag KAN TONG Po, Esq., Chief Manager » LI TE FONG, Esq., Manager
Amoy Bataria Bombay
Branches and Agencies:---
Haiphong Bankow
Loboiul
KO'Too
Pinang Singapore Landen Rangodz Beursby's
Kazila
Baigon
Kalbos Ban Fran- Bydney Nagsaska also entan New York Aveitis Paris
Bemarang Pelping Stanghal
PATS/
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposits, re- ceived for one year or shorter periods in Local and Foreign Cor- rencies on terms which will be quoted on application.
SATE CEPOSIT BOXES TO LET
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL - EXCHANGE
A BANK.....
STEAM NAVIGATION COMPANY I PAID-UP CAPITAL $45,000,000.0
Operating Services for Cargo and Passengers.
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal in the French Concession "ac Shanghai, where passengers and cargo are landed.
For further particulars
please apply to
JARDINE MATHESON& Co., LTD. TELEPHONECZORIES GENERAL MANAGERS
(BRANORES ALL OVгE ÜHIKA) Owing to our numerous Branebes in Chins and connectious la 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 Branche
4 QUEEN'S ROAD, 0. South China Offices:
S KONG ICON SWATOW
MATOISHAN SHIUCHOW KINGCHOW
CANTON
We also handle the issue of Bonds and other Public Funds of the Chinese Government both at Home and 'Abroad.
SHOUJ CHEN,
Mandger
Calcutta
Lumpur Shanghai YAMBURG
Canton
London
Chefoo
Lyons
Colombo
Malacca Sungei
Dairen
Foochow
Мидг
Haiphong
Bankow
Harbin
Previous close, 122.18; Today's close,
Iloilo
Ipoh
Peiping Penang
9.31 9.28 9.33
ti
19.40
Prev." Today's High Low Close Close Change
9.30 .03 of
closed
731
741 591 60 601
8.95 closed
74 #off off
Opening
Closing
Change
9.31/31 0.19/18
9.07b/08a
9.30/30 9.10/17 9.050
..03 off
104 off
.03. off.
*8.06/96
3.04/95
:05 off
י
8.80/80
8.772
10.261
.05 off .03, off
CLOSED
747/748 78/753
731/731 741/74 750/754
1 off 3 01 i off
Interest Rates na Application..
022/622
* of
60/59%
off
561/50+
551/551
0%
71(a 73 a 7414
unch.
CLOSED