PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
NEW YORK STOCK EXCHANGE
Barber Asphalt Co.
QUOTATION
(REUTER'S SERVICE}
JULY 26, 1940.
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE?
London, July 25, The following quotations are thé middle prices at the close of the markét In London. All quotations are subject to confirmation`and'no responsibility is assumed for errors in transmission.
40
& CO.
PAYNE &
COMMODITY BROKERS
STOCK EXCHANGE BUILDING
HONGKONG
"COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
-UNRECEIVED
11-11/16
The market was light and improved on
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE)
Prev. Today's High Low Close Close Change
9.48 9.40 9.43 9.48 .05 up 19.55 19.50 19.44.. 19.51 .07 up
741. 731 741 744
off 624 ... 61 62 611 t off 9.07 8.80 8.809.05 25 up
Opening Closing 0.42/42/ 0.48/48
SATURDAY, JULY 27, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital..... $80,000,000
INDIA, AUSTRALIA AND CHINA
Imed & Fully Paid-Up #90,000,000 Incorpumted by Royal Charter, 1853
Beserve Funds:
Paid-Up Capital ....... Sterling
£3,000,000 £6,500,000 Reserve Fund ............ £3,000,000
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro-
Reserve Liability of
Proprietors
$20,000,000
Head Office:-HONG KONG ›
Board of Directors: E. V. Wilkinson, Esq.,
Hon. Mr. J. J. Paterson,
Chairman.
Deputy Chairman,
J. K. Bousfield, Esq., A. H. Compton, Esq., Hon. Mr. S. H. Dodwell, G. Miskia, Esq., E...S. Morrison, Esq., TE. Pearce, Esq., C. C. Roberta, Esq., Hon. Mr. A. L Shields, Bir Vandeleur M. Grayburn,
prietors...
£3,000,000
HEAD OFFICE; LONDON;
38, Bishopsgate E.0.2. Sub-Agencies In London: 117/192, Leadenhall Street, E.0.3. West End Branch: 14/16, Cockapur Street, B.W 1. Manchester Branch:
32, Mosley Street, Manchester, 2.
AGENCIES AND BRANCHES:
KARBIN
PENANG
FONG TONG TAN0001 ILOILO
ALOR STAR AMRITSAR
BANGICI
SAIGON
BATAVIA
SEREMBAN
BOMBAY
CALCUTTA
KARACHI KLANO
SHANGHAI
BINGAPORA
AGENCIES: KON
SITIAWAN
BOUKAMAYA
LUMPUR KUCHING"
MADŽAR MANILA
"TALPING
TIENTSIN
От Банкт
Chief Hanager. A PLACE
CANTON CAWEPORN.. CEBU COLOMBO
DELHI
Francisco HAIPHONG »
HAMBURG
Singapore HANKOW
Malacca Bungei
Patani Swatow
Haiphong (Johore) Tientsin
Bankow
Earbin
Mukden Tokyo
"
New York Taingtao Iloilo Peiping Yokohama Ipob Penang
CURRENT ACCounta opened in LOCAL CURRENGT 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 Darosi Boxes in various sizes. To Lat Hong Kong 28th February, 1940.
STOCKS.
Last Sale
STOCKB
July 25
Last Sale July 25
Adams Express
51
Lockheed Afrcraft
241
Alleghany Steel Co.
201
Loew's Inc.
241
Allis Chalmers
291
| Loft Incorperated
22}
Aluminium Ltd,
591
Mack Truck ‚Inc.
197
£
Amer. Can
931
Martin, Glen L
291
American Oyanamid B.....
318
McKesson & Robbins, pt4. 201
War Loan, 3%" (Red '
after 1952)
991
Amer, & Foreign Power
13
Montgomery Ward
391
Canton-K'loon Rly. 5%
6"
Amer & Foreign $7 p....
14j.
M'tain City Copper Co.
21
Chinese 41% Gold Loan
New York, July 26 (Reuter).
Amer. Locomotive
121-
National Aviation ........
Amer. Metala Co,
132.
Nat. Dairy Products
14
Amer. Radiator
51
National Lead
163
1898 (Brit. Issue)...... Chinese 5% Gold Bonds,
1925-47
30
1120
SINGAPORE RUBBER
Amer. Rolling Mill
101
Nat, Power & Light
.71
Chim: 44% Anglo-French
SPÖT
Amer. Sting and Ring Co.
35
National Steel Corp.
Loan. 1908 .....................
#4
Amer, Sugar Refining
134
National Supply Corp.
}
Chinese 5 Crisp Loan,
OUT./DEC.
JAN./MAR.
Amer. Tel, & Tel."
150)
New York Cential
11t
1912
Previous July 25.
Close Opening Closing Change Buyers Buyers
38-1/2 36-5/8 ***** 38-3/4
off 1/8 34-3/4 34-1/2 34-5/8 off 1/8 ***** 32-1/2 32-1/8 32-3/8
off 1/8
Amer. Tobacco "B"
76
Niagara Hudson Power ...
4}
Chinese 5% Réorg, Loan,
Amer, Waterworks
81
N. American Artation
15A
1913 (Ldn: Is:)...
18
The market, was quiet but steady.
LONDON RUBBER
Anaconda Copper
182
North American Co.
189
Chinese B- Ster. Notes.
Previous close Today's close
buyers
buyers
Change
Atchison, T. & G. F.
15)
Northern Pacine
5%
1925 (VickzoN)
Aviation Corp. “An
Owens-linois Glass Co.
53
Chin Imperial Rly, 5%
SP OT
söluna person incunt 12-5/16
Baldwin Lecoretive
-14}
Pacific Gas & Elec
29
Loen ......
40
AUGUST
Baltiracre & Ohio
34.
Packard Motors
31
Honan Rly, 5%......
ૐ
Di
Pan-American Airways
14
Hukuang Rly. 5%, 1911...
SEPTEMBER OCT.-DEC
.......... 12-5/16 12-3/16
..................... 11-15/18
Amoy
Branches; Johore Bangkok Kobe
JAN:-MARCH
Barnsdall 011
8
Paramount Pictures
5.
(LP. N/Y Issue)
14
......
Batavia
Kowloon
Rangoon Saigon San
Bendix Aviation
27
Pennsylvania R.R.
19
Hukuang Rly. 5% 1911
Bethlehem Steel
76
Philadelphia Read, Coal
(German Issue)......
11
NEW YORK COTTON: modest trade demand.
Bombay
Kuzla
Calcutta
Lumpur Shanghai
Bliss Co.
191
Phillips Petroleum
321
Lung Tsing & U. Hal
Canton
London
Bosing Airplane Co.
13...
Public Service of NJ;
357
Ry. 5% 1913.....
8
Borg-Warner
157
Pure Ou
74
S'hai-N'King Rly. 5%
13.
Briggs Mig.
172
Radio Corpn. of Am.
4
Tientsin-Pukow Rly."5%
Budd" M'facturing Corp.
31
Reading Company,
Com
121
Canadian Pacific R'way :
3
Remington Arms Co., Inc.
Case, FX.
48
Republic Aviation Corp.
意
(Brit. Stpd.) ....... Tientsin-Pukow Rly. 5%
(German Etpd)........
8
NEW YORK RUBBER: July shorts were the chief buyers. The tightness of the shipment market is a strengthening factor"
CHICAGO WHEAT: The market is easier on its own weight and there is no pronounced pressure or liquidation,
NEW YORK STOCKS:
Chefoo"
Lyons Sourabaya
Colombo
Dairen
Manila
Foochow
· Muar
Previous close, 121.64; Today's close,
121.93; 'Change,-up .29.
Celanese
281
Republic Steel
161
Tientsin-Pukow Rly. 5%
Chesapeake & Ohio
372
Reynold Tobac. "B"
35
Chrysler Corpm.
651
Safeway Stores
421
(Brit. Stpd. Supl. Loan) 8 Tientsin-Pukow Rly 5%
Columbia Cras &'Mec.
5+
Schenley Distillers
'91
Commercial Credit Co.
283
Sears Roebuck
724
Com, & Southern (Ord.)
11.
Shell Union C
Bi
Consolidated Edison
271
Socony-Vacunum ol
81 »
(Ger. Stpd. Supi Loan) Jap. 6% Ster. Loan, 1924- Ger, 7% Intl. Loan, 1924 Chartered Bank
a
Consolidated Olf
.... 61
Southern Pacifc
કર
HK. & Shai Bank (Ldn.
Continental Can.381
Southern Bly $5 pfd.......
174
Reg.)
60
Continental Off-
181
Spicer Manufacturing Co.
243*
H.K. & Shai Bank (Col.
Copperweld Steel
172
Standard Brands......
.8
Reg>
68
Ourtiss Wright (0.)
61
Stand Gas & Elec.'
1
Chinese Eng & Mining
Curtiss Wright “A”
24
Standard Oil of California,
18
(bearer)
Distillers Corpn. Seagrams
157
Standard On of NJ.
331
Chosen Corporation.
Douglas Aircraft
781
Stone & Webster རྫེས 1*ཝཾ ཝེ, a*
Pekin Syndicate
Du Pont de Nemours
157
Studebaker Com
61
S'hat Mec. Constr. Co....
13
New York Catton, Oct. New York Rubber; Sept. Chicago Wheat, Sept. Chicago Com, Sept. New York Hides, Sept.
NEW YORK COTTON Oct (New contract) December (
.............
Close 9.43/43
.05 up
9.29/29
9.28/28
Eagle Picher Lead
Swift International
174
S'hal Waterworks “A”
131
January
}
9.19 N
9.18b/188
·Eaton ·Mig:-Co..
301
Technicolor
91*
Union Insurance".
20
March
(
}
9.09 N
9.08/08
Elec. Autolite
321
Texas Corpn.
381
Gula Kalumpang Rubber
13/9
May
Elec. Bond & Share
51
Taxes Gulf Sulphur
31.
B.-A, Tob. (bearer)
70
July
(,,) {
8.90/90
5.89/89
")
8.71/71-
8.71/71
9.33/35 9.23n 9.11 8.93n 8.72/72
.04
.03 up .01 up
Elec. Bond & Share $5 pt.
61
Timken-Axle
221
Mercantile Bank
111
Spot
10.33. N
10.280
.05 of
Elec, Bond & Share $8 pf.
681
Trans-America Co.
43"
Dunlop Rubber
27
Elec. Power & Light 37 pl.
314
20th -Cent, Fox:
.8)
Bristol Aeroplane
8/9
NEW YORK RUBBER
Flintkote
13
Union Bag & Paper Corp.
101
Imperial Chemical Ind. 24/3
July....
21.78/78
Gen. American Trans.
431*
Union Carbide & "Carbon
084
United Steel
18/3
September
19:44/44
Gen. Electric.....
32
Union Pacific
81
Woolworths
153
December
18.63/65
Chen. Motors
431
United Aircraft
331
Marsman Investments-
22.38/38 19.35b/50a 19.51/51 18,57/57 ..18.73/74
.60
up .07 up
.10 up
8/11
January
18.59 N
Gen. Railway Signal
11
United Airlines Trans
16
Western Holdings .........
8
Gen. Tire & Rubber
113
United Corpn.
Sub-Nigel
March...mär
18.44 N
unquoted 18.87n.. 18.40b/45a
.08 up
155
May
18.34 N
18.52/52 18.42n
12.
United Corp. $3 cum pt.
723
Shell Trans
Trad
.08 up .08 up
Goodrich (B.F.)
111
United Gas Corph
...
!}
(bearer)
53/9
Goodrich $5 pt.
*531*
"United Gas Improvement 121
Nat Defence Bonds, 3%
99%
CHICAGO WHEAT
Goodyear Tire & Co...
14
US., Industrual Alcohol....
172*
London-Midlands-Scot-
September
Great Northern Iron Ore
137
US. Rubber
18
tish, 3%
131
December
747/741. 761/76
741/747 781/76
-741/744 751/751
off off
Great Northern Rly, ptá.
21
US. Rubber $8 pfd.
76*
Great Western
Rail-
Great Western Bugar...
201
UB. Steel
50%
Nat. Bank of India. 3%
32
CHICAGO CORN
Greyhound Corpn.
11
Vanadium
20
way, 3% o štapnine sensa
25
September
62/621 021/811
611/011
7. off
Hercules Powder Co.
793
Vultee Aircraft
32*
December
589/581
59/58#
571/58
2. off
International Harvester ...
"40%"
Walworth Co.
31"
WINNIPEG WHEAT
Int Nickel
224
Warner Bros. Pict
21
July
711a
Inter. Paper & Power
7118
unch
14
Westinghouse Elec.
9
October
7388
731a
Int. Tel, & Fel
21.
73ja
Woodward Iron Cor
251
Kennecct Copper
281
Chase National Bank
December, .*****
7418
741a
Lakey Foundry & Mac.
21
National City Bank
NEW YORK HIDES
Glass 371
September
8.80/80 8.80/85
9.05/05
25 ip
December
9.02/03
9.08/12.
9.23/23
21 up
*--bid. 1- dir.
Spot, 22-3/184. Forward. 224.
Total sales for the day:-207 contracta.
New York Official 34-3/4 NY-London Cross Rate 3.86-1/2
34-3/4-
3.85-1/2:
1930/40
Change
155.92 111.84 30 Industrials
121.84
28.90 29 15. 20 Rails
17.70 18.03 Utilities
20.24 21.93
99.9% 8308 40 Bonda
88.02
65.67 45.59 11 Commodity Index 8103
122.09 121.19 121.93 29 up 28.39 26.12 28.35 Il up 21.95 21.85 21.92 .01 of 87.04 .08 off 50.97 .06..off Business Done:—210,000 sharos
Ready July 30 Settlement
Bombay, July 25 (Reuter). Market-Steady. Offtake 100 bara.
Indian Mine Silver
82-09 82-08 62-07
FEDERAL RESERVE SYSTEM
NEW YORK, "July 28 (Reuter). July 20 (1939) July 18 July 25
3000's omitted)
-
Bills Bought
1,000
Gudden Co.
"Libbey-Owens-Ford
July 28, 1940.
DOW JONES AVERAGE -
High Low Dow Jones Averages" July. 24, High Low Close
リン
LONDON. STOCK
EXCHANGE
LONDON, July 28 (Reuter?
EXCHANGE NOTES CONCLUDED
LONDON, July 26 (Reuter)-It is The Stock Exchange, in all sections, officially announced in London Improved on the larger volume of that exchange notes-were-signed- buying Kaftirs and the leadhg on July 21 between the Portuguese, industrials were particularly fea- Spanish and British Governments tured while glit-edged rallied after regarding the acquisition by Spain
SILVER MARKET
LONDON SILVER *** London, July 25 (Reuter). Sliver: Little" Indian Beilng.. Support poor. Market, qulet. In the afternoon, the market was. quietly steady.
BOMBAY SILVER
Aug. 28 Settlement
#
LONDON GOLD
London, July 25 (Reuter). Bar Gold, Fine per cz, 168]=
Total sales Wednesday:-42,500 bales
Total sales-330 tons.
Wednesday's sales:-15,320,000 bushels.
US." Securities held
Federal Reserve. Ratio- Pederal Reserve Credit Outstanding, „Monetary Gold Black...
Industrial Advance,
Change
up.
...04 up .02 up
2518.000 2,450,000 2,450,000 80.07% '89.29% 2,501,000 2,491,000 9,118,000 9,109,000
85.93% 2,537,000 12,657,000
16,191,000 23,258,000 20,367,000
염형
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. GRAYBUEN,
Chief Manager. Hong Kong, 28th Feb., 1939,
THE CHASE BANK 15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE;
18, PINS STAT
NEW YORK. An American Bank offering com plete Foreign Banking Servic in the principal Markets of the world.
Interest Rates on Application.
SAFE DEPOSIT, BOXES -
F
KUALA
MRAN
NEW YORK PRIPING
(Peking)
TONGIAN
(Bhuket)
* TSINGTAO
YOKOHAMA
d
FÖRLON EXCHANGE and General Banking Business transacted. CURRENT ACCOUNTS opened FIXED DEPOSITS received for One Year or shorter periods in Local or Other Oartenaica st rates which will be quoted on application.
SAVINGS ACCOUNTS also opened ig Local Currency and Sterling with interest allowed at räten obtainable on application.
The Bank's Head Offee in London
undertakes Executor and Trustee business, and claims recovery af British Income Tax overpaid, on tarms which may be ascertained at any of the Agencies and Branches.”
B. A. CAMIDGE,
Manager.
BANK OF EAST ASIA, LIMITED
Authorised Capital......$10,000,000.00 Paid-Up Capital Reserve and Undivided
Profits
6,588,800.00
..2,983, 281.50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central.
Board of Directors:
SIR SHOPSON. Caow, Chairman Li Koon Chan, Esq. Li Lan Sang, Esq. P. E. Kok. Esq. Wong Chn Son, Buck«. Wong Tan Tong, Eaq. Kan Ying Po, Rag, Chan Ching Shok, EsqP Feng Fing Wah Eag KAN TONG PO, Esa, Chief Manager LITER FONG, Esq., Manager
Amoy.
Branches and Agencies:--
Horloos Ping Blogapore Lundm・・ Bangoon Borisbaya
Saigon
wato Kalbourne Ben Fran› Hydray“ Yagsaka
Bombay Manila
Haiphong
Haitow 7
New York Joakim
Sonalak
Kobe
| This Bank is entirely owned by
TEN
CHARI: NATIonal · · Bank NEW YORK, with Resources of o* 11.8.$7,900,000,000.
D. M. BIGGAR, **
Second Vice Pres
THE MERCANTILE BANK OF INDIA, LIMITED
Head Officos, Gracechurch Street. London, ECJ
Authorised Capital
Enbribed Capital ... ....
Reserve Fund and East;
Paid-up Capitāl
At WY BANKERA:
£2,000,000
£1,100,000
€1,050,000
21,284,530
The Bank of England and Midland
Bank, Ltd. BRANCHES
Kuala Trenggone Hadesa
19.81
Bombay
21707" Oslostia
Ipol Jaffa Kuantan
New Work
Oalamba Deltal
Karack
KADAY****
Pitagoon
| Gullest.
Kote Baard
Blurghat
INDO-CHINA
an early hesitance. The strength of wheat for her own use and of AM NAVIGATION COMPANY LTD, to the "market's approval of the To facilitate payments for the Operating Bervices for Cargo and Passengers
of the industrials was attributed Portuguese products, --
Budget provisions. Wall Street was dull..
BROKERS
LOANS
New York, July 25, 1940, *a
*Loan "on securities to brokers in, New York;
Week-ended
Week-ended
Week-ended
20/7/39 18/7/4025/7/40 $472,000,000 $287,000,000 $288.000.000
FRENCH OIL MEN ARRESTED BUCHAREST, July 28 (Reuter).
latter, Britain has agreed that pur
chuses to the value of £800,000 can be paid through
a British Spanish-clearing.
INDIAN TRADE COMMISSIONERS LONDON, July 20 Reuter)- According to the All-India radio, the Indian Government is consi dering a proposal to appoint Trade. Commissionere In Australia and Bouth Africa. Efforts are also be- ing made to expand trade with North and East Africa,
tine French managers and techni- mentioned in the recent Nazi
chan employed in the Runcadan White. Bỏók alleging “afi ̈'Allled'
TO-
SWATOW, SHANGHAI, TRINGTAU, CHEFOO
bon and TIENTSIN ...
KOBE and OSAKA"
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alonguide the Roosevelt Terminalia the French Concession at Shanghai where passengers and cargo are landed.
For further par
please apply
به هم
BARDINE MAT
BLA
off industry were arrested by the plot to sabotage the Rumanian ollEPHONE JOSII. GENERAL MANAGERS.
Rumanian police today. Ali = were | industry.
"Hongkong
Eunla Jáple” * Simila
Parls
Semarang Priping Shanghai
ADOVIT
Every description af Banking and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposita te ceived for one year or shorter periods in Local and Foreign Cur rencie ontering which will be quoted on application.
SAFE CEPOSIT BOXES TO LET.
KAN TONG PO,'
Chief Manager.
1 gal.
BANK OF CHINA
Specially Chartered by" THE NATIONAL GOVERNMENT
DIE OF CHINA AS AN
Howrah Enis Lumpur Singapore | INTERNATIONAL EXCHANGE" [DEONG-KONG BRANCH:
BANK AGUU N
Every description of Bankingőspd; Tage | PAID-UP CAPITAL $40,000,000.00. kasian transacted,
DEBRANCHES. ALL OVER: CHINA) *** TRUSTEE AND EXECUTORSHIP
Owing to our numerous Branches UNDERTAKEN
in China, and "connections in the principal Commercial Centres of the World, we are able to extend fo, our, Clienta special facilities for DIT BENSONITO Domestic and Foreign Banking and
Exchange
GUERENT LOCUSTS opered in Local Our ZDY WUZA" SANDYDOBris rebredosi CUTEDOT & STERLING on terms, that may be sacertalor-d on spy leatios.
What do
anle
BE!
!!!
you want
there
Manager,
Amali advertise the Hong kong Daily Press. words $1.50 prepaid
for 3 insertions,
Head Office: SHANGHAI
Hong Kong Branch DEMA, QUEENIS BOAD, O... 4 21.4South China Office: 5 CANTONG KONGMOON SWATOW BY STOISHAN*** SHLUCHOWY KINGOROWAN 12 We also habüile the line of Bonds and other Public Funds of The Chinna Government both at House and Abroad mot
SHOUJQEEN"
Manager,
'i