STOCKS
Last Sale
STOCKS
Last Sale
July 20
July 20
Adams ExD TEAS
31*
Kennecott Copper
241
Alleghany Steel Co........
213
Lakey Foundry & Mac.....
3'
Allied Stores
6
Libbey-Owens-Ford Glaan "384"
Allis Chalmers ...........
291
Lockheed Aircraft
241
386
Aluminium Ltd.
40"
Loew's Inc. .........
231*
Amer. Cari
951
On demand
62 3/4
Loft Incorperated
221
American Gyanamid B.
321
Mack Truck Inc.
101*
On Japan:-
Amer.
Foreign Power
Martin, Glen L.
271
On demand
02 1/2
On India:-
Amer & Foreign $7 pt. American Gas & Elec.
141*
McKesson & Robbins, pt4. 211”
NEW YORK, July 20, 1940..
33*
Monsanto Chemical
891
Telegraphic Transfer. and demand j................. On New York:-
88 1/2 Amer. Locomotive Amer. Metals Co.
121
Montgomery - Ward
391
14"
National Aviation
10
SINGAPORE RUBBER
Amer. Radiator
51
Nat, Dairy Products
141
Bank Bills, on demand 23 1/2 Credits, 60 days' sight sa
Amer, Rolling, Man
101
Nat. Distillers
201
8 POT
Amer. Sting and R'ing Co.
*351"
National Gypstizn
51
OCT./DED.
On Batavia:—
Amer. Sugar Renning
14
National Lead
181
JAN./MAR.
On demand
44
Amer. Tel, & Tel
160
Nat, Fower & Light
7.
On Paris:-
Bant Bills, on demand 1086 Credits 4 months' sight 1180
Amer, Tobacco "B"
National Steel Corp.
58
Amer, Waterworks
87
National Supply Corp.
51
19
Anaconda Copper....
New York Central
117
On Balgon
On demand
108
Atchison, T. & 8. Te.
151
Niagara Hudson Power
42
SPOT
Awation Corp.
42
N. American Aviation
151
AUGUST
Bacock & Wücox
237*
North American Co.
191
SEPTEMBER
47
Baldwin Lecometive
141
Northern Pacific
睡
OCT.-DEC........
Baltimore & Ohio
.37
Owens-linois Glass Co.
52.
JAN.-MARCH
149 1/2
Barber Asphalt Co.
101.."
Pacific Gas & Elec
20%
Barnsdail O!!
8
Pacific Lighting
414
1/S
Bell Aircraft Corp.
15*
Packard Motors
34
Bar Silver per ox
23 6/8
Bendix Aviation
271*
Pan-American Airways
14
•
Bethlehem Steel
744
Paramount Pictures
Shanghai Exchange
Bilsa&Co.
131
Pennsylvania R.R.
191
Shanghai, July 22 (Reuter).
Boeing Airplane Co..
137
Phelps-Dodge
26
Official T.T. Rates
Borg-Warner
151
Philadelphia Read, Coal
+
Opening
Bridgeport Brass Corp.
Phillips Petroleum
321
London
0/3-3/4
Briggs Mfg.
171
Pittsburg Coke & Iron
New York
5-7/8
Brooklyn M'hattan Trans.
221
Public Service of N.......
381
Japan
24-1/4
Brooklyne-Man. Pid.
108*
Pullman Inc, 14.
181
Budd M'facturing Corp.
32
Paris
20-3/4
Pure Of
72
Canadian Pacifc R'way
Radio Corpn. of Am.
5
Hongkong
24-7/8
Case, J.I
47*
Reading "Company,
Com
124*
NEW
Sterling
Celanese
271
Remington Arms Co., Inc.
41"
Seliers
Chesapeake & Ohio"
38
Republic Aviation Corp. ...
41
Opening Closing
Chrysler CorpŇ.
63+
Spot
0/3-7/8 .0/3-7/8
Republic Steel
168
Climax-Molybdenum Co.
ག7*
Revere Cop. & Brass Inc...
81
July
0/3-7/8 0/3-7/8
Colts Patent Fire-Arms
73*
Reynold Tobac. "B"
387
Aug.
0/3-55/64 013-55/64-
Columbla Gas &"Elec.
51
Richfield 00
73
U.S. Dollars
Columbia 6% “A” på. zo.
821
||
Safeway Stores
43*
Spot
$8-1/8
$8-1/8
Commercial Credit Co.
281
Schenley Distillers
July
6-1/8
6-1/8
Com, & Southern (Ord.)}
11
Sears Roebuck
721
Consolidated Edison
28
New York Cotton. Oct. New York Rubber, Sept. Chicago Wheat, Sept. Chicago Corn, Sept. 2. New York Hides. Sept
Aug.
.8-1/16
6-1/16
Shell Union OH
Consolidated O
日本
Market: Quiet..
Socony-Vacunum · Of
Continental Can
'307
NEW YORK COTTON
Southern Pacific
Continental O
LONDON STOCK Copperweld Steel
EXCHANGE
(REUTER'S SERVICE)
London, July 19.
The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and no, responsibilty is assumed for errors In transmission.
Corn Products
Du Pont de Nemours Eagle Picher Lead Eator Mig. Com Elec Autolite
183"
Southern Rly $5 pid.
181
173*
Sperry...
354
50+
Spicer Manufacturing Co. 251
Oct. (New contract) 9.33/33 December ( } January (
Ourtiss Wright (C)
7
Curtiss Wright "A"
231*
Standard Brands
March
()
Stand Gas & Elec,
May
Deere & Co.
151
Standard Oll of California 184
Spot
Distillers Corpn. Seagrams Douglas Aircraft
16
Standard Oll of N.J.
"674
Stone & Webster
8*
1572
Studebaker Com.
71
Total sales Friday:-28,010' bales.
61 NEW YORK RUBBER
13
Swift International
174
291
Technicolor
10.
July
32
Texas Corp.,
381
September
Elec Bond & Share Elec. Band & Share $5 pf.
5%
Texes Gulf Sulphur
31
December
621
Timken-Axle
£
23}
January
Elec Bond & Share 58 pf.
70
War Loan, 31% (Red
after 1952) Canton-K'loen Rly. 5% 6
Trans-America Co.
5
*March
Elec. Power & Light $7 pf.
33"
984
20th Cent. FOX.
6
May
Fisk Rubber ......
104*
20th Cent. Fox, $1į pf.
14.
Fintrote
13
Chinese 41% Gold Lean.
Gen, American Trans.
44
Union Bag & Paper Corp.
101*
CHICAGO - WHEAT
Union Carbide & Carbon
67%
1898 (Brit Issues ...
Chinese 5% Gold Bonds.
1925-47.
Chin. 44% Anglo-French
Loan, 1908.
Chinese 5% Crisp Loan.
1912
35
Gen. Electric
312
July
Union Pacific,
81
J
Gen: Motors
431
September
United Aircraft
33
Gen. Rallway Signal
11
December
United Airlines Trans
161
Gen. Tire & Rubber
12
£
United Corpn/**
17
Glidden Co.“
Goodrich (B.F.)
12*
United Corpn. $3 cum pf.
323*
12
15
United Gas Corp...... 14.
CHICAGO CORN
Goodrich $5 pt.
524⚫
Chinese 5% Reorg. Loan,
Goodyear Tire & Co.
15
1913 (Ldn. 15.) ...........
3
United UB.. Industrual Alcohol.
Gas Improvement
12.
July
175
September
Great Northern Iron Ore ..
141
Chinese 8% Ster. Notes,
1925 (Vickers).
US. Rubber......
181
December
Great "Northern Rly, pfd.
22)
US. Rubber $8 pfd,
75*
Great Western Sugar
20**
Chin. Imperial Ely. 5%
U.S. Steel .....
501
WINNIPEG WHEAT
Greyhound. Corpn.
112
Vanadium
294
Loan
56
Hercules Powder Co.
80
Vultee Aircraft
61
July
Honan Fly, 5%
13
Homestake Mining
43
Hukuang Rly. 5%. 1911...
Walworth Co.
31
October
International Harvester
39%
(LP. N/Y Issue)
14
Warner Bros. Pict.
21.
December
Int Nickel
23
Bükuang Mly. 5%. 2011
Westinghouse Met,
921
Inter. Paper & Power ...
121
German Issue)
11
Woodward Iron Cor
25
NEW YORK HIDES
int. Tel. Tel....
21
Lung Tang & U. Hal
Johns-Manville
54*
Rly. 5% 1913
B
Chase National Bank National City Bank
September
J. & Laughlin Steel 37 pfd.
12
December
15
New York Official
"--bid.
i-ex. dlv.
A
1933/40
''
July 21, 1940
NY-London Cross Hate 3.91
High
6'hai-N'King Rly, 5% ... Tientsin-Pakow Rly. 5%
(Brit. Stpd.) ..... Tientsin-Pukow Bly, 5%
(Derman Stpd.). " Tientsin-Pukow Rly, 5%
(Brit. Sipd. Supt. Loan) 8 Tientsin-Pukow' Rlz 5%
DOW JONES AVERAGE .......
Low Dow Jones Averages July, 19, High Low Close Change
15592 11184 30 Industrials
35.90 22:15 20 Rails
122.18 121 80 121.87
28.34 20.24 26 20
YORK COMMODITY MARKET
Penang
Scurabaya Sungei
CORRENT ACCOUNTS opened in LOCAL CUBIRNOY and FIXED DEPT received for one year or shorter periods in Local and other Cur- -rencies on terms which will be
quoted on application.
Also up to date SAFE 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 COR- PORATION. Bulea may be obtain- ed on application.
For the HONORONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong 28th Feb., 1930,
THE CHASE BANK
18, QUEEN'S ROAD, CENTRA¡
HEAD OFFICE:
18, PINE STRAN
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
Oxabe NatIONAL BANK
NEW YORK, with Besources „ĐỀ over
..$2,900,000,000.
D. M. BIGGAR, --
Second Fios Fru
A Job?
WANT ADS
ETINDO-CHIN
INDO-CHINA
97.70 1803 20 Utilities
23 22 33 06 40 Bonda
65.67 45.59 11 Commodity Index 50.94
1
27 35 92.28 22.30
Business Done --110,000 shares
CHINA BUYS FROM Attempt To
AUSTRALIA
SYDNEY, July 22 (Reuter)— China has bought two, cargoes of flour from Australia and 'is inquir- ing for mara: Australian' crop prospect are deteriorating,
(Ger. Stpd. Supl Loan)
8
Jan 6% Bter. Loan. 1924
30
Ger, 2% Intl Loan, 1929 Chartered Bank
54
01
AK & Shai Bank (Ldn.
Reg.)
HK."& Bhai Bank (Col.
Reg)
68
Chinese Eng & Mining
(peater)
16/6
Chosen Corporation
4
Pékin Byndicate. ........
་
8'hal Elec. Constr. Co.
15
8'hal Waterworks "A" ...
131
Union Insurance im
20
Gala Kalumpong Rubber
13/9
B.-A. Tob, (bearer)
82/8
Mercantile Bank
11.
Dunlop Rubber
24/6
Bristol Aeroplane
8/41
Imperial Chemical Ind. 22/10
United Steel
- 15/13 -
@bell Trans & Trad
(bearer)
32/6 Nat Defence Bonds, 3%, 90 London-Midlands-Scot
Woolworths Doom: 40/41 Marsman Investmenta BIG
tish, 3%
Great Western Rall
Western Holdings: 4/3 Sub-Migal ..
Nat, Bank of India. 3%
way, 3%....
27
231
A London message states that it is reported that the United States Government has bought 8,000 tons of antimony and an undisclosed quantity of wolfram from the Chinese Government.
Rebuild France
LONDON, July 22 (Reuter) According to a radio from Tou- Louse the boards of private firms. banks, stock exchange, frms and insurance companies are invited to return to Paris. It state; that steps are already taken for the restoration of "economic lie in France, including the cessation of moratorium.
The Finance Minister, M. Bau- dola, is going to Paris tomorrow and he is empowered by decree to make advances to business frme to enable them to resume opera- tions.
PIPING
(Peking!
FORE ON EXCHANGE and General Banking Business transacted.
CURRENT ACCovers opened and FIXED DEPOBIT received for Oas 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 Sterling with interest allowed at rates obtainable on application."
The Bank's Head Office in London undertakes Executor and Trustee business, and claims recovery ot British Income Tax overpaid, sa terms which may be ascertained ar any of the Agencies and Branches.
R. A. CAMIDGE,
Manager.
BANK OF EAST ASIA, LIMITED
Authorized Capital......$10,000,000.00 Paid-Up Capital Reserve and Undivided
Proits
5,598,800.00
..............2,983,281.50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central:
Board of Directors: SIR SHOWSON CHow, Chairman Li Koon Chan, Esq. Li Lan Sang, Esq." P. K. Krok, Esq. Wong Chu Son, Eng." Wong In Tang, Esq. Kan King Fo, kag. Chan Ching Shok, Esq. Fang Ping Wah Lag KAN TONG Po, Esq., Chief Manager Li Ts FONG, Esq., Manager
Branches and Agencica:~~
Kelcom Louden
Manila
Реп
Singapore Kangoo Bombays
Baron Bwatow
Malbouse San Fran. Bydney cisco Tiental
New York Sanitis
Bemang
Pelping Shangba
"
Every description of Banking and Exchange business transacted. La granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposita re- ceived for one year or shorter periods in Local and Foreign Cur Francies on terms which will be
quoted on application. .
SAVE LIPOSIT Boxes To LET.
KAN TONG PO,
Thiel Manager:
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
STEAM NAVIGATION COMPANY LT PAID-UP CAPITAL $40,000,000.0
Operating Services for Cargo and Passengers
TO-
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA SINGAPORE, PENANG SANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal in the French Concession at Shanghai, where passengers -and cargo are landed.
For further particulars
"plosao spply tow
CALCUTTA
ATHES
BIOTEOMIEGTIES MANAGERS
(BRANCHES ALL ÖVER. CHINA) Owing to our numeroi Bransbes 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 Exahango.
Head Office: SHANGHAT
Hong Kong Branch:
QUEEN'S ROAD, OM
South China Oficer:
CANTON
SWATOW SHIUONOW
KONGMOON TOISHAN="
KINGOHOW
We also handle the issue of Bonds and other Public Funds of the Chino Gorerament both at Home and Abroad.
BROU JOHEN,
Mandos
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
JULY 22, 1540.
Ün Landon:
Telegraphic Transfer. 1/3 1/8 Bank Bills, en demand 1/1⁄2 1/8 Credits 4 months' sight 1/3 VA On Shanghai:-- On demand
On Singapore:—
8. 8 8 8 8 8 8 8 8 8 8
On Manlia:--
On demand
On Bangkok:-
On demand
On Sterling Notes:----
Bank Buying Rate
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
JULY 21, 1940. "
PAYNE & CO.
COMMODITY BROKERS STOCK - EXCHANGE BUILDING
HONGKONG
COMMODITY MARKET REVIEW
(FROM, PAYNE & CO.)
TUESDAY, JULY 23, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANE
BANKING CORPORATION
1
Authorised Capital... $60,000,000 †
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up 190,000,000 Incorporated by Royal Charter, 1358
Reserve Funds: Sterling
£8,500,000 Reserve Fund
Paid-Up Capital
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro-
Reserve Liability of
Proprietor
$20,000,000
Head Ofice: HONG KONG
Board of Directors: H. V. Wilkinson, Esq.,
Chairman. Hon. Mr. J. J. Paterson,"
Députy Chairman,
J. K. Bousfeld, Esq., A. H: Compton, Esq., Hon. Mr. S. H. Dodwell, G. Miskin, Esq.,.
Hon. Mr. A. L Shield,
Sir Vandeleur M. Grayburn,
Chief Manager.
prietors
£3,000,000
25,000,000
£3,000,000
HEAD OFFICE: LONDON:
39, Bishopsgate E.0.2.
Sub-Agencies In Landon:
117/192, Leadenhall Street, E.Qa West End Branch: 14/18, Cockspur Street, S.WL
Manchester Branch: "
52, Mosley Street, Manchester, 2.
AGENCIES AND BRANCHES:
ALOR STAR AMRITSAR
14X-KOK MATAVIA BOMBAY
GAKODITA
AGENCIES:
Curs T
JAIRLIN PLACE CANTON CAWAPORK
HARBIN
PERANG
20.0 Tôi lai coàn
ILOTLA
IPOH
KAZACHI KLANG
KOB EVALA
LUMPUR KUCHINO MADRAS
MANILA
→ BAIGON
JEREMIAT
„SHANGILAI
BINGAPORN
Previous
July 20 Close Opening Closing Change Buyers Buyers
36-1/2 36-5/8 06-5/8 34-1/4 34-3/8 34-3/8 31-3/4 31-7/8 31-7/8
up 1/8
K. S. Morrison. Esq.,
up 1/8
T. E. Pearce, Esq.,
up 1/8
C. O. Roberts Eaq..
The market was quiet but steady. LONDON RUBBER
buyers
Previous close Today's close
buyers
SITIAWAN
Change
SQUBADATA
TAIPING
*****
12-1/8
...... 12-1/16
***** 11-15/16
CLOSED
Amoy
Branches: Johore
.
TIENTRUS
Bangkok Kobe
Rangoon Saigon
11-5/8
Eatavia
Kowlma San
CIBC COLOMBO DELHI
TONGELE
(Bhuket)
MEDAN
TSINGTAO
.......... 11-5/16
Bombay
Kuala
Francisco
HAIPHONG
NEW YORK
YOKOHAMA
NEW YORK RUBBER: Market closed.
NEW YORK STOCKS:
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.
CHICAGO WHEAT: Further moisture is forecast in the dry areas in North-West. This has disturbed holders and has checked the advance.
121.87; Change, off 31.
Calcutta
Lumpur Shanghai
Canton
Loadoa Singapore
HAMBURG HANKOW
Chefoo
Lyons
Colombo
Malacca
Daireu
Mauila
Patani
Foochow
Muar
Swatow
Haiphong
Bankow
Previous close, 122.18) Today's close,
Harbin Coilo Ipah
(Johore) Tientsin Mukden Tokyo New York Taingtao Peiping Yokohama
(REUTER'S SERVICE)
High
9.31
9.28
Prev. Today's Low Close Close Changc
9.33
9.30 (03" oft
closed
19.40
closed.
741
731
744
.74 A off
80+ 592
601
50% + off
closed
8.95
closed
".
Close
Opening
Closing ."" Change
...... 9.20/20
9.31/31 9.19/18
0.09 N
9.07b/09a
9.30/30 9.16/17 9.00m
.03 of
04 "off
.03 off
8.99 N
8.96/96
2.94/05
.05 off
יד
}
8.82 N
8.80/80
10.29 N
8.77n 10,260
.05 off .03. off
22.25/25
19.40/43
18.70/70
CLOSED
18.04 N
18.45 N
18.45 N
741/74
Cort
747/742
70/751
731/731
742/741
76/757
741/74 751/75+
off 4 off
Interest Rates og Application.
i off
Friday's sales:-13,428,000 bushels,
Barts By
Daloptia
Halphoox - Magamis
Kenkow
Ecelul
Κούν
N
63/63
109/109
801/601
622/021 60/597
561/564
588/581
551/853
off
off
영병형.
71ja
71ja
unch.
731a
732
740
731a 74||a
8.95/95
CLOSEO
9.15/15
34-3/4
unquoted 3.90