STOCKS
Adams Express
Alleghany Steel Ɖo..
(FROM PAYNE & CO.)
Allis Chalmers
370
Aluminium Ltd.
On Singapore
NEW YORK July 27, 1940.
Amer, Can
On demand
On Japan:——
On demand. .......
... 528/4
98 1/9
SINGAPORE RUBBER
On India:-
Telegraphic Trans
and demand ...............................j
On New York:-
Bank Bills, on demand 3 1/4 Credits, 80 days' sight 24 5/8
Transfer.
82 1/2 SPOT
OCT./DEC. JAN/MAR.
****** 36-7/8 35 32-1/2
Previous July 27
Close Opening Closing Buyers Buyers
36-3/4 34-7/8 32-3/8
American Cyanamid 'B.
Change
Amer. & Foreign Power Amer
Foreign $T pf....
*36-7/8
35 32-1/2
unch.
amer. Locomotive '
Amer. Mobala Co. ...
Amer. Radiator
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
JULY 29, 1940.
On London:-
Telegraphic Transfer, 1 1/8 Bank Bills, en demand 1/8 1/8 Credits 4 months' sight 1/3 1/2
On Shanghai:---
On demand
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG ·
COMMODITY MARKET REVIEW.
NEW YORK STOCK EXCHANGE
11
BANKING CORPORATION
Authorised Capital........ #50,000,000
· QUOTATION
'(REUTER'S SERVICE)
JULY 28, 1940.
51*
TUESDAY, JULY 30, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
INDIA, AUSTRALIA ›
AND CHINA
Issued & Fully Paid-Up $90,000,000 Incorporated by Royal Charter, 1858
Reserva Funda:
Paid-Up Capital £3,000,000 £6,500,000 Reserva Fund
Sterling
.............£3,000,000
£3,000,000.
*
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro- Reserve Liability of
prietors.... Proprietors
HEAD OFFICE: London:
$90,000,000
Head Office:-HONG KONG
Board of Directors: H. Y. Wilkinson, Esq.,
Chairman. Hon. Mr. J. J. Paterson,
"Deputy Chairman.
38, Bishopsgate E.Q.2” Sub-Arenolen In London:
117/199, Leadenhall Street,. E.0,8” West End Branch; 14/18, Cockapar "Street, S.W L Manchester Branch: 59, Mosley Street, Manchester, 2.
AGENCIES AND BRANCHES:
HARBIN 12 PINANG Ford Lara nig00
AMRITBAR
LANGIGI
Last Sale
-STOCKS
Last Sale
July 27
July
Lockheed Aircraft
25*
201
Loew's Inc. ........
24*
30
Loft Incorperated
60*
Mack Truck Inc.
191*
991
Martin, Glen L
30
32+
McKesson & Robbins, pfd. 211
1}*..
Montgomery Ward
397
J. E. Bourfeld, Baj.,
14.
M'tain City Copper Co.
2
A. H. Compton, Esq., ".
121*
National Aviation
Hon. Mr. S. H. Dodwell,
91
ALOR STAB
G. Miskiu, Esq.,
134*
Nat, Dairy Products
14
K. S. Morrison, Exq
51
National Lead ........
ILOILO
184
T. E. Pearce, Esq.,
Amer. Rolling Mill
10
Nat, Power & Light ..............
71
On Batavia:
The market was quiet. LONDON RUBBER
0. C. Roberts, Esq.,
Amer. Sting and Ring Co. 38
| National Supply Corp.
51"
Hon. Mr. A. L. Shield,
Previous close Today's close
Amer, Sugar Refining
131*
New York Central
111
On demand
• 43 3/8
buyers
buyers".
Change
Amer. Tel. & Tel
160
Niagara Hudson Power
41
On Paris:-
SPOT
12-3/8
Amer. Tobacco “B”
751
N. American Aviation
151
Bank Bufis, on 'demand 1085.
Credits 4 months' sight 1460
AUGUST
*.... .....
12-5/18
Amer, Waterworks.
,B+
North American Co.
19
"SEPTEMBER
12-3/16
Market closed
Anaconda Copper '...
187
Northern Pacific
6
Amoy
Branches: Johore
Sir Vandeleur M. Grayburn,
Chief Manager.
BOMBAY 41
IPOE
CALOUTTA KLANG
AGENCIES: KOSE
CLIVE STERNY
FAIRLIN Pla CAMPON
CAWNPORN
XUALA
BATAVIA
On Saigon:-
On demand”
OCT.-DEC.
11-15/16
Atchison, T. & 8. F6.
151
Owens-Illinois Glass Co.
55
Bangkok Kobe *Saigon
**** TOR
JAN. MARCH
11-11/18
Aviation Corp.
41
Pacific Gas & Elec
291
Batavia
Kowlong
Rangoon
Søn
CKET COLOMBO DELHI
MADRAS
MANTCA
MIAN
BAIGON
SERSHBAN
KARACHI
SHANOBAI
SINGAPORA.
SITIAWAN
BOURARAYA
LUMPUR KUCHING
TAIPING
FIENTSIK
TONGKAR
(Bhuket)
TSINGTAO
46 1/2
On demand
Chicago Cern, Sept. New York Hides, Sept, NEW YORK COTTON
On Manila-
On demand
On Bangkok:-
On Sterling Notes:-
Bank Buying Rate
APRIL-JUNE
NEW YORK COTTON: The market was relecting the indeci-"
149 1/2 slon In Washington with regard to the loan. There were fair rains throughout the belt with the exception of Central Texas."
Bar Silver per o... 23 3/8
MARKET REPORT
FROM ROZA, BROS.
unchanged
Silver prices were.. over the week-end, the quota- tions remaining at 22.3/8 for
Ready and 22.1/16 for Forward American Blver was unquoted."
CHICAGO WHEAT: Steady on forecast of only light, and scat- tered showers. The market would be vulnerable to weather changes. Previous cloše, 122.05; Today's close, STOCKS: "NEW YORK 122.45: Change, up 04.
NEW YORK COMMODITY MARKET
New York Cotton, Oct. The London/New York cross- New York Rubber, Sept. rate was quoted at 402.1/2 New York/London was quoted at 385.
MARKET
Chicago Wheat, Sept.
"Barber Asphalt Co.
Barnsdall Qu
11-7/16
Baldwin Lecometive
141
Packard Motors
3
Bombay
Kuala
Francisco
Baltimore & Ohlo
pages 38
Pan-American Airways
14
Calcutta
Lumpur
Shanghai
91
Paramount Pictures ....
5
Canton
Loudon
Bingapore
81
Pennsylvania R.R
194
Chefoo
Lyons
Sourabaya
Bendix Aviation
22
Philadelphia Rend, Goal
Colombo
Malacca
Sungei
Dairen
Manila
Bethlehem Steel-
773
Phillips Petroleum
Focobow
Muär
Patani Swatow
Bliss & Co.
13*
Public Service of NJ. ......
361*
Haiphong
(Johore) Tientsin
Boeing Airplane Co.
131
Pure all......
71
Bankow
Mukden
Borg-Warner ......
151
Radio Corpn. of Am. ...........
44
Harbin
Briggs Mig.
17F
Reading Company, Com
121*
Budd M'acturing Corp.
34
Remington Arms Co., Inc... 41
Iloilo Ipob
Tokyo New York Tsingtas Peiping Yokohama Penang
Canadian Pacific R'way
21"
Republic Aviation Corp. ..*.
Case, JI.
473*
Republic Steel
(REUTER'S SERVICE)
Celanese
28
Reynold Tobac, "B"
Prev, Today's
Chesapeake & Ohio
33
Safeway Stores
434
High Low
Close Close Change
Chrysler Corpn.
67
Schenley Distillers
Columbin Gas & Elec
51
National Distillers
201
9.44 9,39
9.43
9.39
.04 of
Commercial Credit Co.
29
Sears Roebuck
731
19.49
closed
Com, & Southern '(@rd.)
11
Shell Union O
81
747
733
7套
741 unch
Consolidated Edison
271
Secony-Vacunum Oll
61
601
812
603
of
Consolidated Out
Southern Pacific
87
8.75
closed
Continental Can
1.
38*
Scuthern Rly $5 pfd.
18*
Close
Opening
Cicsina
Change.
Continental Oil.
19
Spicer Manufacturing Co. 25*
Quiet
Oct. (New contract)
9.43/43
9.42/42
9.39/39
.04 of
Copperweld Steel
172
Standard Brands
传薦
STERLING
for July
No business was reported. There were sellers at 1/2.31/32 July March August, buyers at 1/3 for Cash.
US. DOLLARS
A small business was done dur ing the early part of the morning; at 23.7/16 for Cash, The market closed with sellers at 23.3/8 near, buyers at 23.1/2.
SHANGHAI DOLLARS
Total sales Friday:-25,200 bales. NEW YORK RUBBER
December ( January
"
8.30/30
0.27/28
9.26/26
.04 off
Curtiss Wright (C.)
81
Stand Gas & Elec.....
14
(
}
9.20 N
9.15/15
9:160
.04 off
Curtis Wright "A"
244
Standard Oll of California 18
}
9.08 N
J
9.07/07 - ..
May
¿
8.90 N
8,87/87
9.03/03 8.860
..05 off
Distillers Corpn. Seagrams 157
Standard Of of NJ.
33
.04 off
Douglas Aircraft
·69**
Stone & Webster
July Spot
.8.70/70
8.68/68
10.23. N
8 67/87 *10/19n
.04 off
Du Pont de Nemours
157
Studebaker Com
.04 off
Eagle Picher Fead
72.
Swift International
171
Eaton Mfg. Co.......
31
Technicolor
***
Elec. Autolite
321
Texas Corpn.
394
Elec. Bond & Share ...................
57
Texes Gulf Sulphur
31
22.25/25
Elec. Bond & Share $5 pt.
601
Timken-Axle .........
231*
September December
19.49/49
Elec. Bond & Share $6 pt.
671
Trans-America Co.
4
18.65b/702
CLOSED
The highest rate done was 384. Later business was done at 383 The market closed with sellers at 383, buyers at 384.
January
18.60 N
Elec. Power & Light $7 pf. Flintkote
33
20th Cent. For
124*
Union Bag & Paper Corp.
March May
18.40/40
Ger. American Trans. .....
431
Union Carbide & Carbon
101" 68
18.35 N
Gen Electric
329
Union Pacine
807*
Geri. Motors
.44}
United Aircraft
331*
THE CHASE BANK -*
15. QUEEN'S ROAD, CENTRAI
CHICAGO WHEAT
Gen Railway Signal
103*
United Airlines Trans
16*
September December
-741/741 751/751
74/74 75/75
741/741 * 751/751
unch
Gen...Tire & Rubber
i or
Glidden Co.
"
Friday's sales:-7,916.000 bushels.
Goodrich (B.F) ...
Goodrich $5 pl.....
Goodyear Tire & Co.
814/611 584/581
601/601 81/601 372/571 5737571
i off
Great Northern Iron Ore
14 ott
Great Northern Rly, pfd,
WINNIPEG WHEAT
Great Western Sugar ......
Greyhound Corpn.
AFTERNOON MARKET
July October
118
71ja
unch.
Hercules Powder Co.
73 a
731A
73ja
International Harvester
7413
748a
Int Nickel
.:
STERLING
NEW YORK HÏDES September
Inter. Paper & Power
8.75/75 8.90/90
CLOSED
unquoted 3.85
Int, Tel, & Tel
Kennecott Copper
Lakey Foundry & Mac.
Libbey-Owens-Ford Glass 281
SHANGHAI MARKET Opened with sellers at 3.57/
4 and then eased off to 3.7/8 but
towards the close sellers were CHICAGO CORN
again reported at 3.57/64 for Spot. September
U. 8. Dollars opened with sellers December
at 6.3/32 and then receded to
6.1/16 for Spot. ..
The market was quiet in the December
afternoon.
The market closed with sellers December at 172.31/32 July/August, buyers
at 1/3 far Cash...
U. S. DOLLARS
The market closed with sellers
at 23.3/8 for near, buyers at 23.
1/1
*388.
SHANGHAI DOLLARS
SHANGHAI MARKET
Sterling at 3.57/64 for Spot and U8. Dollars at 0.1/18 Spat.
Shanghai Exchange
New York Official 34-3/4
NY-London Cross Rate 3,87
4
LONDON STOCK EXCHANGE
(REUTKE'S SERVICE)
London, July 26. | Tlestain-Puków Als, 5%
(Brit. Stpd. Supi. Loan) 8 Tientsin-Pukow Rly, 5%
The following quotations are the middle prices at the close of the
market in London. All quotations
(Ger.Stpd. Supi, oan) 8 are subject to confirmation and no Jap. 8% Ster. Loan, 1924 25 responsibilty is assumed fer errors Ger. 7% Intl. Loan, 1924 54
2
1930/40
• bid.
1x diy,
DOW JONES AVERAGE
July 28, 1940
High Low Dow Jones Averages July. 96, High Low Close Uhange
153,03 111.84-30 Industrials
28,90 22.15 20 Raila
$7.70 19 03 20 Utilition
92 11 8306 40 Bonda
122.05 26.26
19.49 122.17 159.45 40 up
26.36 ་ 28.38
$216 ... 22 24 29.17 223106 up · 88.00
68.09
65.67 45.59 11 Commodity Index 50.84.
Business Done :---80j000 shares
D. M. BIGGAE).
Second Vice Pre
A job?
WANT ADS
INDO-CHINA
STEAM NAVIGATION COMPANY LTD,
Operating Services for Cargo and Passengers
for
in transmission.
Shanghai, July 30 (Reuter),
Ondal T.T. Rates
War Loan, 36% (Red
after 1952) Cantor-Kloon Rly. 5% Chinese 41% Gold Loan
Chartered Bank ZK. &.8'hal Bank (Lda..
Reg.)
Of
68
994
HK. & Shal Bank (Col.
Reg)
70
Opening
1898 (Brit. Issued
30
Chinese Eng. & Mining
(bearer)
16
London
-9/3-3/4
Chinese 5% Gold Bonds.
Chosen Corporation
New York
5-7/8
1925-47
Pekin Syndicate
Japan-
24-1/4
Chin: 41% Anglo-Traficti
8'hai Elec. Constr. Co.
15
Paris
20-3/4
Loan, 1908
44
6'hal Waterworks. “A”
TO-
131
24-7/8-
Chinese 3% Oring. Lean:
Union Insurance
20
Sterling
Chala Kalumpang Rubber
13/9
B-A, Tob, (bearer).
73/9
Boilers
| Mercantile Bank
111
Dunlop Rubber .........................
27/3
Bristol Aeroplano
8/9
Imperial Chemical Ind. 25/3
United Steel ......
18/9
All ateamers berth alongside
the Roosevelt Terminal in
54/9
the French Concesion at
8/11
Shanghai, where passengers
8
sed cargo are lauded.
.152/6
Hongkong
$8-3/32
US Dollars
Spot Jdly
$6-1/10
8-1/18
Aug.
図
13
Opening Closing
Spot... 0/3-57340/3-57/64
July
0/3-57/64 0/3-57/04
Aug. ·0/3-7/80/3-7/8"
6-1/32 6
Market:-Quiet.
Silver Duty Rate,
ར་མ་བྱས་
Chinese 5% Reorg. Loan.
1913: (Edn. 197
Chinese 34% Ster. Notes.
1925 (Vickers)
Chin. Imperial Fly, 5% 1. Lean
Honan Bly 5%
Hakuang Rly. 8%, 1011
(LPN/Ysque)
Sukuang RJ 5% 1911
.German Is5120)
| Lung Tsing & U Hat
Rly. 5% 1013
The Central Bank of China's shal N'King Rly. 5% rate on London at 10 am, today Tientsin-Pakow Bly. 5% was 1/2-1/21 AU
The Equalisation rate was 181 Tientsin-Pukow Bly, 5%
Der cent.
Brit. 8tpd.) A.
(German Study
Woolworths......
| Marsman Investments
Shell Trans & Trad.
Nat Defence, Bonds, 3% +100%
| Londen-Midlands-Ecot="
tish, 3% 134/5 Great Western
Hall.
32
Nat. Bank of India. 3%
was, J%
6-3/22
Western Holdings.
Sub-Nigel
(bearer)
SWATOW, SHANGHAI, TSINGTAU, CHEFOO"
and TIENTSIN
KOBE and ‘OSAKA:
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
farther particulars
JARDINE THESON&Co.LTD.
TELEPHONE ZOJILL GENERAL MANAGERS
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposite re- ceived for one year or shorter periode in Local and Foreign" Cur- rencies où terms which will be quoted on application.
BATE LIPOSIT BOXES TO LET
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL $40,000,000,00
(BRANCHES ALL OVER CHINA)** Owing to our numerous Branches 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 Exchange
alte
Head Office—SHANGHAI
Hong Kong Branch:,
4. QUEEN'S ROAD, C. South China Offices: CANTON BWATOW
KONGMOON TOISHAN
SHIUCHOWKINGOHOWS
We also handle the issue of Bondda and other Pablie Funds of the Chinese Government, both at Homs and Abrönd.
SHOUJ, CHEN
HEAD OFFICE: ..
11**
United Corpn
2..
121*
11
United Corpn. $3 cum pr. 331 United Gas Corpn. .....ses 14
514
United Gas Improverhent
12
141
US., Industrual AlcohoL
171*
141
U.S. Rubber
181
22
US. Rubber $8 pid;
76*
Interest Bates on Application.
201*
U.S. Steel
513
112
Vanadium
292
SAFE DEPOSIT BOXES
NEW YORK PRIPING
(Peking)
YOKOHAMA
FORE.GN EXCHANGE and General Banking Business transacted.
CURRENT Accounts opened and Fixed · Deposits received for One Year or aborter 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.
CURRENT ACCOUNTS opened in LOCAL CURRENCT and FIXED DEPOSIT received for one year or shorter The Bant's Head Office in London periods in Local and other Our undertakes Executor and Trustee rencies on terms which will be business, and claims recovery of quoted on application.
British Income Tax overpaid, an
Atso up to date SAFE DEFOBIT terms which may be ascertained at Borza in various sizes. To LET Hong Kong 28th February, 1940. any of the Agenoies and Branches.
R. A. CAMIDOE,
Manager.
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the HONGKONG SHANGHAI BANKING COR- PORATION. Rules may be obtain- ad on application.
For the HONGKONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong 25th Feb., 1939.
19, PINE. STREET,
NEW YORK
An American Bank offering com
plete Foreign Banking Service in the principal Markets of the "world.
BANK OF EAST ASIA, LIMITED
Authorised Capital.......10,000,000.00 Paid-Up Capital Reserve and Undivided
Profite
5,598,500.00
..2,083,281.50
Head Office: HONG KONG No. 10 Des Voeux Bond, Central,
Board of Directors: BIR SHOPSON CHow," Chairman Lt Koon Chan, Angy Li Lan Sang, Baq. P.-K. Kwok. Eac Wong Cha Boz, 294. Wong Tan Tong, Esq. Kan fing Po, Kag. Chan Ching Shak, Esq, Fung Ping Wah Esq KAN Toxa Po, Esq., Chief Manager L1 Tax Foxo, Esq., Manager
Amoy Balkriz
Branches and Agencies:--
Karloc Pant Blartpore Toda Rangoo Boursbay
Maboutna
Bukow San Fran. Opdra
соцтек
HAIPHONG
BAMBURG HANKOW
Baby Galantis Haiphong
M
Magsska
Hankow
How York
Beačile
78*
Komalais
Parte
Бетагмы
Vultee Aircraft
64*
387
Walworth Co.
231
Warner Bros, Pict.
121
*2***
Westinghouse Eler.
93*
This Bank is entirely owned by
TH, CHAR NATIONAL BANE NIW TOKE, with Ramonrows of over 1.8.$1,900,000,000.
Kobe
Pelping
Shanghal
254. 3*
Woodward Iron Cor. Chase National Bank National City Bank
261