Adams Express
Alleghany Steel Co.
Allis Chalmers
3:5
Aluminium Ltd. .....
*
Amer. Onn
09 3/4
American Cyanamid B. ...
NEW YORK, July 30, 1940.
Amer, & Foreign Power
ST
Amer & Foreign $7. pf"
82 1/2
Close Opening Closing Change Buyers Buyers
Amer. Locomotive
Amer, Metals Co.
Amer. Radiator
9 POT
36-7/8 37 cts.
37 cts.
up 1/8
OCT/DEC.
35-1/8
35-1/4
35-3/8
| JAN./MAR.
32-3/4
32-7/8
32-3/4
-up 1/4 unch,
Amer. Rolling Mill
Amer. S'ting and Ring Co.
Amer, Sugar Refining
LONDON
The market was steady.
RUBBER
Amer, Tel, & Tel. .....
Previous close Today's close
Amer, Tobacco "B""
buyers'
buyer!
Amer. Waterworks
SFOT
12-7/19
12-5/8
up 3/16
Anaconda Copper
"
AUGUST
12-7/18
12-5/8
up 3/16
Atchison, T. 8, Fe.
108
SEPTEMBER
12-5/18
12-1/2
"up 3/16
Aviation Corp.
45 3/4
OCT-DEC.
12-1/8
12,318
up 1/4
Baldwin Lecometive
JAN./MARCH
11-7/8
12
up 1/8
Baltimore & Ohla
APRIL-JUNE
11-5/8
11-3/4
up 1/8
Barber Asphalt Co.
Barnsdall On
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
JULY 31, 1940.
On London:-
Telegraphic Transfer. 1/2 7/8 Bank Bills, on demand 1/2 7/8 Credits 4 months' sight 1,31A
On Shanghai:--
On demand.........
On Singapore:-
Or." demand
On Japan:-
On demand
On India:-
On New York:-
On Batavia
On Paris:-
Telegraphic Transfer.
and demand
Bank Bills, on demand 29 7/8 Credits, 60 days' right si 1/4
On demand...............................
***** 42 3/4
Bank Bills, on demand 1985
Credits 4 months' sight 1180
On demand
On demand
On Bangkok:--
"On demand
On Saigon
On Manila:-
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY · MARKET REVIEW
יד
rl
(FROM ̧[] PAYNE & CO.)
SINGAPORE RUBBER
"
Previous July 30
Change
NEW YORK STOCK EXCHANGE
STOCKS
QUOTATION
(REUTER'S SERVICE)
JULY 31 1940.
130
Lockheed Aircraft Loew's Inc.
THURSDAY, AUGUST 1, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital... $50,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up $20,000,000 facorporated by Royal Charter, 1853
Reserve Funds:
Paid-Up "Capital .... £6,500,000 Reserve Fund.....
............£3,000,000
H.E. Currency Reserve $10,000,000 Reserve Liability of Pro-
Chairman.
Deputy Chairman.
Sir Vaadeleur M. Grayburn,
Chief Manager.
........£3,000,000
..£3,000,000 HEAD, OFFICE: LONDON;
Frieturs......
38, Bishopsgate E.03. Sub-Agencies In London:
117/199 Leadenhall Street, E:C.3. West End Branch: 14/18, Gockspur Street, 8.W 1. Manchester Branch;
68, Mosley Street, Manchester, 2. AGENCIES AND BRANCHES:
HAREIN
PENANG FONE YONG BAKG00%
ALOR STAR AMBITBAR
BANGIOK HATAVIA BOMBAY
DALOUTTA
SAIGON
IPCH
SEREMBAN
KARAOH!
SHANGHAI
KLANG
BINGAPOR
SITIAWAN
SOURABAYA
TAIPING
TIESTIN
AGENCIES: KOBB CLATE 9 KALA VIL PLACE
DANTUN
LUMTUR KUCHING MADRIS
Sterling
Last Sale 1
STOCKS
Last Sale
JULY 30
JULY 30
Heserve Liability of
54
262
Proprietors.**.**
...$90,000,000
22+
25.
327
Loft Incorperated
231
Head Office:-HONG KONG
Mack Truck.. Ent. "
201
95
Martin, Glen L.
31
Board of Directora:
344
H. V. Wilkinson, Esq.,
McKesson & Robbins, pía. 213
14
Montgomery Ward
47
Hen. Mr. J. J. Paterson,
141
M'tain City Copper Co.
21
132
National Aviation
104
151
Nat, Dairy Products
0142
J. K. Bousfeld, Esq. A. H. Compton, Esq.,
51
National Distillers
201
Hon. Mr. S. H. Dodwell,
114
National Lead
187
G. Miskiu, Esq.,
382
Nat Fower & Light
72
E. S. Morrison, Esq.,
13
National Supply Corp.......
в
T. E. Pearce, Esq.,
181+
New York Gential ..
121
C. C. Roberts, Esq.,
764
Niagara Hudson Power
+3
Hon Mr. A L Shield,
97
N. American Aviation
187
201
North American Co.
201
201
Northern Pacie
Branches:
CAWNFORD
Owens-Illinois Glass Co.
55
15A
Pacific Gas & Elec
301
Amoj
34
Packard Motors
3
Bangkok
Kobe
10+
Batavia
Kowinga
Pan-American Airways
149
Johore Rangoon Baigon. Sab
8
Bombay
Kuala
Francisco
On Sterling Notes:
Bank Buying Rate
"
for
י་
"
9.13 N
8.83 N
***... 8.64/61
Spot
September
December
January
March
21:25/26
.... 10.51/51 -18.78/78
May
Total sales:-940 tons.
Bar Silver per oz."
... 1/5,178.
22 9/10
The market was quiet but steady.
NEW YORK COTTON;" The market is steady on trade, an Far Enstern buying. There is some talk of the possibility that Japan *mat increase her purchases of cotton and other raw materials as protection against any possible American embargo, Textiles are ac- tive and steady.
MARKET REPORT
FROM BOZA. BRÖS. Silver prices were unchanged yesterday, the quotations remain- ing at 22.9/6 for Ready and 22. 1/8 for Forward. American Silver was quoted at 34.3/4 for Spot,
The London/New York' cross- rate was quoted at 402.1/2 New Fork/London was quoted at 382.
..1/2
Quiet
MARKET
..STERLING
There were sellers at 1/231/12 Cash/August, buyers at 1/3 for Cash
U.S. DOLLARS --- Quiet. Small sellers at 23.3/16
23.1/4 for Cash; buyers at... Cash.
No business was reported.. SHANGHAI DOLLARS
Opened with sellers at 386.1/2
with business done at 337. Later transactions were niso reported at 386 and 386.1/2. At the close there
were sellers at
buyers' at 387.
NEW YORK RUBBER: Futures were in better demand, stimulat- ed by the prospective heavy Government purchases through its pre- pared campaign.
CHICAGO WHEAT: The market was firm on reports of the Ar- Bentine prohibition of exports, while unfavourable foreign crop ad- vices and the Increasing premiums in Kansas City were additional stimulating influences.
YORK STOCKS: Previous close, 123,15: Today's close,
NEW 125.97: Change, up 2:82.
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE)
New York Cotton. Oct. New York Rubber, Sept. Chicago Wheat, Sept. Chicago Corn, Sept. New York Hides, Sept. NEW YORK COTTON
Close
Oct. (New contract)... 9.36/36
December 1 } January ( }
March 388.1/2 May
AFTERNOON MARKET Sterling opened with sellers at at 3.27/32 and closed with sellers
at 3,55/04, U.S. Dollars at 5.157 16
Shanghai Exchange.
Shanghai, July 30 (Reuter).
Official T.T. Rates
July
9.23/23
Total sales Monday::-22,400 bales. NEW YORK RUBBER July
18.71 N., 18.55b/57a
.deleted
10.55b/70& 19.51/51
18.76/30 unquoted
Bendix Aviation
Paramount Pictures
J
Calcutta
Lumpur Shanghai
301
Pennsylvania R.R.
207
Canton
London
Bethlehem Steel
801
Philadelphia Read, Coal
0
Chefoo
Lyons Sourabaya
Singapore
Buss Co.
13
Phillips Petroleum
331
Colombo
Malacca
Sungei
Boeing Airplane Co.
141
Public Service of N.J.
361
Dairen
Manila
Borg-Warmer
161
Foochow
Pure Ou
7
Muar
Swatow
Briggs Mig.
191
Radio Corpn. of Am.
47
Haiphong
(Johore) Tientsin
Bankow
Mukden
Budd M'facturing Corp.
31*
Tokyo
Reading Company,
Comi
13
Harbin
New York
Canadian Pacific R'way...
Tsingtao,
31
Remington Arms Co., Inc.
#*
Iloilo
Peiping
Case, JI...
50$
Republic Aviation Corp....
41
Ipoh
Penang
Celanese
301
Republic Steel
181
Chesapeake & Ohio
39
Reynold Tobac. "B"
*34*
Chrysler Corpn.
744
Safeway Stores
441
Columbia Gas & Bec.
6
Schenley Distillers
10
Commercial Credit Co. Com, & Southern (@rd.)
30..
Pullman Inc....
201
11
Revere Corp.
Consolidated Edison
281
Sears, Roebuck"
77
Consolidated Otl
6
Shell Union 01
81
Continental--Cam
391
Socony-Vacunum Oll
81
Continental. Öll
Copperweld Steel
19
Southern Pacific
81
181
Southern Rly $5 pfd. ...
101
Prev. 'Today's High Low Close
9.42 9.38 9.36 10.85 19,50 19.51 19.51. 781 75 742 76+ 62 61
614 621 9.05" 8.83
Curtiss Wright (C.)
71
Spicer Manufacturing Co. 281
Close Change
Curtiss Wright "A"
25
Standard Brands ......
મ
9.40 .04 up
Distillers Corpn. Seagram's
161
Stand Gas & Elec.
1
unch.
Douglas Aircraft
723
Standard Oll of California.
181
11 up
Du Pont de Nemours
163
Standard Oll of NJ.
332
14 up
Eagle Picher Lead
B
Stone & Webster...
8
8,81 9.03
,22 up
Eaton Mfg: Co.
317
Stüdebaker Com.
7.
Opening
Closing
"Deere & Co ..
151
Change
Swift International :
171
9.38/38
Elec. Autolite .....
341
9:40/41
.04. up
Technicolor
10
9.24/24
9.28/28
.05 up
Mec. Bond & Share
BL
Texas Corpn.
391
9.02/02
10.16 N
9.12b/15a 9.17n 9.02b/033 9.06n 8.84/84 8.871 8.63b/05a 8.89/69
10.20n
Elec. Bond & Share $5 pt.
€2
1
.04 up
Texes Gulf Sulphur
321
1 .04 up
Elec Bond & Share $8 pt.
69
Timken-Axle
244
Hong Kong, 28th Feb., 1929,
.04 up
Elec." Power & Light $7 pf.
34)
Trans-America Co.
44
.05 up
Fitntkote
14
20th Cent. Fox.
.04 up
Gen. American Trans.
45
Union Bag & Paper Corp., 114
Gen. Electric
34"
Union Carbide & Carbon
701
Gen. Motors
43
Union Pacific
821
Gen: Railway Signal
deleted
United Aircraf}
361
Gen, Tire & Rubber
111*
unch,
United Airlines Trans
17
Glidden Co.
127
18.45 N
78.97/97 18.88 18.50b/65a 18.730 18.58n
.19 up
United Corph,
2
Goodrich (BF)
11
.17 up
United' Corpn. $3 cum př. 331
Goodrich $5 pt.
511
18 up
United Gas Corpo.
1
Goodyear Tire & Co.
147
.13 up
United Gas Improvement
12
Great Northern Iron Ore
142
US. Industrual Alcohol. ...
171*
Opening
Great Northern Rly, píd..
241
London
New York
Japan
Paris
0/3-3/4
CHICAGO WHEAT
U.S. Rubber
201
Interest Rates on Application.
Great Western Bugår
201
Patoni
HAIPHONG
MEDAN
NEW YORK PRIPING
(Peking)
TONGKAH
(Bhuket)
TE INGTAO YOKOHAMA
FOREIGN EXCHANGE, and Generai Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITS received "foz One- Year or shorter periods in Local or Other, Currencies at rates which will be quoted on application.
SAVINGS ACCOUNTS also opened in LocalCurrency and Sterling with. CURRENT ACCOUNTS opened in interest allowed at rates obtainable LOCAL CURRENCY and Fixa Deo on application.
Yokohama
received for one year or shorter The Bank's Head Office in London periods in Local and other Cur-undertakes Executor and Trustee rencies on terms which will be business, and claims recovery of quoted on application.
British Income Tax overpaid, on
Box in various sizes To LET
ALSO up to date SAFE DEPOSIT terms which may be ascertained as
any of the Agencies and Branches.
R. A. CAMIDGE,
Manager.
Hong Kong, 28th February, 1940,
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the HONGKONG & SHANGHAI BANKING COK-|- PORATION. Bulea may be obtain- ed on application.
For the HONGKONG & SHANGHAI BANKING CORPORATION,
7. M. GRAYBURN,
Chief Manager.
THE CHASE BÄNK
10, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PINE STREET,
NEW YORK
An American Bank offering com plete Foreign Banking Berrio in the principal Markets of the world.
BANK OF EAST ASIA, LIMITED
5,888,600.00
Authorized Capital.....$10,000,000:00 Paid-Up Capital .......... Beserve and Undivided
Profits
.......2,083,201.50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central,
· Board of Directors: SIR SHOTSON CHOW, Chairman' Li Koon Chan, Esq. Li Lan Sang, Esq... P. K. Krok. Eng. Wong Chu Son; aq. Wong Yun Tong, Esq. Kan Ying Fo, Bag. Chan Ching Shak, Esq. Fang Ping Wah Esq EAN TONG PO, Esq., Chief Manager LI Tax Fond, Esc., Manager
Branches and Agencies:--
Kotkom
London
Роля
Hason
Hadron
Singapore Bourabays
CEBU
COLOMBO DELHI
MANILA
HAMBURG HANKOW
US. Rubber $8 pfd."
79
5-3/4
September a
24-1/4
December
742/747 757/752"
75/751
751/76
761/761 767/77
12 up
Greyhound Corpn.
121
08. Steel
551
SAFE DEPOSIT BOXES
קטן 14
Hercules Powder Co.
·80 ·
20-3/4N
Monday's sales:-8,560,000 bushels.
International Harvester.
Hongkong
24-1/8
CHICAGO CORN
Int Nickel
Sterling
September
614/614 .613/812
621/621
11 up
Inter. Paper & Power.....
Sellers
December
572/571 577/581
59)/501
11 up
Int. Tel, . TeL
Opening Closing
Kennecott Copper...
WINNIPEG WHEAT
Spot :..
Lakey Foundry & Mac.
July
7110
71ja
unch.
Libbey-Owens-Ford
October
738a
7313
731a
December
743a
743日
Aug.
35-15/16 $5-15/18
5-7/8
5-29/32
NEW YORK HIDES
September ........... 8.81n
December
9.00/02
8.98/9.00 9.12/15
0.09/03 .22 up 0.20/20
.20 BP
NY/London Cross Rate.. 3.85-1/2
.34-3/4
3.82-1/2"
Aug.
Spot ......
0/3-27/32 0/3-55/04
0/3-53/64 013-27/32
U.S. Dollars
Market: Quiet.
The
Silver Duty Rate Central Bank of China's
Tale on London at 10 am. today was 1/2-1/2d.
The Equalisation rate was 18 per cent.
Calcutta Exchange
Calcutta July 30 (Reuter?.
T.T. on Japan, 84-5/8"-
Total sales for the day:-192 contracts." New York Official 34-3/4
Chinese 8% Ster. Notes.
1025 (Vickers)
Chin. Imperial Rly, 5%
Loan
Yonan Rly, 5%
Sukuang Rly. 5%, 1911...
(LP. N/T Issue)
LONDON STOCK Hukuang Bly, 5%. 1913
EXCHANGE
(REUTER'S SERVICE)
London, July 20, The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and do responsibility is assumed for errors La transmission:
(German Issue) Lung Teing & U. Hai...
Rly, 5% 1913
11
'hal-N'King Rly. 5% 12 Tientsin-Pukow Rly. 5%.
(Brit. Stpd.)
.8 Tientsin-Pukow Rly. 6%
(German Btpd.).... Tientsin-Pukow Rły, 5%
(Brit. Stpd, Supl Loan) 3. Tientsin-Pukow Rly 6%.. (Ger. Etpd. Supt. Loan), 8 Jap. 6% Ster. Loan, 1924. 27 Ger. 7% Intl. Loan, 1924 · 54 Chartered Bank........... 6-13/16 HK. & Bhat Hank (Lần
Reg.)
LONDON METALS
EXCHANGE
London, July 30 (Reuter).
Tin, Standard, Cash, Middle Price, £268-5/8
#
Tin, Standard, 3 months. Middle Price, £208-1/8.
Bristol Aeroplane
1930/40
DOW JONES · AVERAGE
July 21, 1940,
High Low Dow Jones Averages July 29, High Low Close Change
158,99 111.84 30 Industrials
35,90 22.15 20 Rails
37.70. 19.03 20. Utilities
32 22 | 83.06 | 40° Bonds
86.67 46.69 11 Commodity
193.15
. 12618 123s8 18.972.82 ino 28.58:
*97.10 26.64 *27 09:・,81 up 32.37. - 22.80 22.48. 2276) .38 up- 88.19
68.41 29 up 60.77
51.26 40 up Business Done: 870,000 shares
This Bank a entirely owand by
THE CHASE NATIONAL ВАНЕ NEW YORK, with Resources of oyst U.S.$3,900,000,000.
D. M. BIGGAR,
Second Vios Free
A job?
WANT ADS
INDO-CHINA
STEAM NAVIGATION COMPANY IN
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 Boosevelt Terminal in the French Concession at
Umon Insurance
20
TO
Mercantile Bank .......................... Dunlop Rubber
Gula Kalumppng Rubber 15 B.-A. Tob. (Bearer) 72/6
111 26/101 0
Imperial Chemical Ind, 24/7)
United Steel
17/-
War Loan, 31% (Red
after 1952) Denton-Eloon Rly, 5% Chinese 44% Gold Loan 1898 (Brit. Issue) ... Chinese 5% Gold Bonds.
Woolworths
· 14/7).
991
Marsman Investments
8/11
Western Holdings,
ne
1/9
Sub-Nigel
150/-
30
35
| HK, & S'hai Bank (Col.
·Reg)
· 68+.
701
Shell Trans & Trad.
bearer).
31/3
Nat Defence Bonds, 3% 100
For further particulara
Chin.'41% Anglo-French
Loan, 1908
Chinese Eng. & Mining
London-Midlands-Scot-
please apply to
(bearer)!!!
tish.
12-1/4
Chinese 5% Crisy Loan,
1912
Chosen Corporation....
13
Pekin Syndicate
Great Western Rail- Nat Bank of India, 3%
28-1/2
Chinese 5 Reorg, Loan,
S'hal Elec. Constr. Co.:
1913 (Ldn. I
18%
Bhal Waterworks A
13
t-ex-dividend
Shanghai, where passengers and cargo are landed.
JARDINE
ESON-C
TELEEKONTUTHIENENERALMANAGERS
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 Cur rencies on terms which will be quoted on application
SAFE EXPOSIT 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
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 DI the World, we are able to extend to our Clients: special facilities for Domastia and Foreign Banking ind Exchange.
Head Office:SHANGHAI Hong Kong Branch
4, QUEEN'S BOAD, C. -South China Ofices: CANTON
SWATOW
KONGMOON TOISHAN SHIUCHOW KINGCHOW
We also handle the issue of Bonda and otber Public Funds of the Chinese Government both at Home and Abroad
SHOU J, CHEN
Vanadium
32
Amay Babaria
Bombay
Manila
Caloutta
Haiphong
Bankow
Honolain Robe
Hey York. Banitia Parle Falping
Semarang
Shanghai
Melbourne San Fran. Sydney ·
couver
-407
Vultec Aircraft
81*
24
131
Walworth Co
Warner Bros. Pict
27.
Westinghouse Elec.
281
Woodward Iron Cor.
3
Glass
39
Chase National Bank National City Bank
bid.
i-x div.