Adams Express
Alleghany Steel Co.
Allis Chalmers
335
aluminium Ltd,
59 3/4
9% 1/2
NEW YORK, August 12, 1840.
SINGAPORE KÜBBER
Amer. Can
Previous August 12
American Cyanamid B
Buyers
Close 'Opening Closing Buyers
Change
Anier, & Foreign Power
Amer
Foreign $7 'pt.
SPOT
***** 36-3/4
36-3/4
38-7/8
up 1/8
Amer, Locomotive
+82 1/2
OCT/DEC.
JAN./MAR.
35-3/8 33
35-3/8 33
35-1/2
up-1/8
Amer. Metals Co...
33
unch.
Amer. Radiator
Amer. Rolling Mill
Amer. Sting and Ring Co.
Amer, Sugar Refining
buyers
Change
Amer. Tel, Tel.
13-1/16
up 1/18
Amer. Tobacco “B”
13 12-7/8 12-5716 11-15/18.
up 1/16
Amer, Waterworks
up 3/15
Anaconda Copper,
up 3/16
up 1/18
Atchison, T. & B, Fe.
Aviation Corp. .....
Baldwin Lecomëtive
Baltimore-de Ohio
Barber Asphalt Co. Barnsdall Ol
Bethlehem Steel
Boeing Airplane Co.
Borg-Warner
Briggs Mig.
Budd Mfacturing Corp.
Canadian Faclic 'way
Opening
16
Case, J.L
London
0/3-5/8
Celanese
New York
5-3/8
Chesapeake & Ohio
(REUTER'S SEKVICE)
Japan
22-3/4
Chrysler Corpa,
Paris
Hongkong.c
20N 24"
Sterling
Sellers
Opening
Spot
Aug.
Closing 0/3-23/32. 0/3-45/64 0/3-23/32 6/3-45/84
New York Catton, Oct.
New York Rubber, Sept."
...... 19.40
Prev. Today's
Close High Low
9.39 9.30 9.30 19:37% 19.32
Columbia Gas & Elec.......
Chicago Wheat, Sept.
749
731
Close Change
8.34 19.37 731 741
Commercial Credit Co. ...
.04 up.
Com, & Southern. (Ord.)
:05 up
Consolidated Edison
up
Consolidated Oil
Chicago Corn, Sept.
61)
601
81
60%
off
New York Hides, Sept.
Continental Can
8.98...
8.80
Bept.
0/3-45/64 C/3-11/16
U.S. Dollars
NEW YORK COTTON Close Oct (New contract) ... 9.30/30
Opening
8.83N 8.85 Closing
.02 up
Continental OU
Change
Copperweld Steel
Curtiss Wright (C.)
9.32/32
9.34/34
..04 up
Spot
$5-1/2
December (. $5-15/32
}
9.27/27
9.29/29
-9.34/34
Curtiss Wright "A"
.07 up
Aug.
Sept.
5-15/32 5-15/32 5-7/10
January
9.17 N
9.200
9.24n
.07 up
Deere & Co..........
March
( 5-13/32
Market-Inclined to be Easy.
May
4 (...)
9.13/13
9.15/15
9.23/23
,10 up
Distillers Corpn. Seagrams 164
8.94 N
8.06b
9.03/03
09 up
Douglas Aircraft.....
July
(
+
8.77/77
8.80/80
3.65/85
Du Pont de Nemours
..08 "up
India Rupee Paper
Bombay, Aug. 12 (Router),
Govt. 31% Rupee, 89-12-0.
Calcutta Exchange
Calcutta, Aug. 12 (Reuter). T.T. on Japan, 82-1/8.
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
London, Angust 12.
The following quotations are the
middle prices at the close of the
market in London. All quotations
are subject to confirmation and no WINNIPEG WHEAT responsibility is assumed for errors | October In transmission.
Spot
9.87 N
9.89 "n
.02 up
Eagle Picher Lead
Baton Mfg. Co.
NEW YORK RUBBER
Total sales Eaturday:-unquoted,
September
Elec. Autolite
Elec. Bond & Share
December
January
19.32/33 18.99/99 18.92 N
57
March
May
July.
18.79 N 18.59 N unquoted
19.40/40 19.00b/10a unquoted 18.00b/90a
19.37/37 10.01/01 18.93%
18.78m "18.58
unquoted
.05 up
Elec. Bond & Share $5 pf.
.02 up.
Elec. Bond & Share $6 pt.
01 "up
up
Elec. Power & Light $7 pf. Flinkote
01 off
Gen. American Trans.
Gen Electric
Total sales:-230 toris.
Gen. MotorS...
Gen. Railway Signal Z.....
CHICAGO WHEAT
September
December
CHICAGO COEN September
December
Gen. Tire & Rubber
731/74 747/75
74/74 74/75
744/741 75+/75+
up
up
55
Glidden Co.
Goodrich (BF.) ;...D
Saturday's sales:-6;336,000 bushels.
Goodrich $5 pf.
Goodyear Tire & Co.
Great Northern Iron Ore.
61/61 561/58
61/61 561/56
600/601 56/58
"of unch.
Great Northern Rly, pfd.
Great Westem Sugar
Greyhound - Corpn.
Hercules. Powder Go, A
7318.
December
74ła
731a/731 33. 711a
anch.
International Harvester
unch.
Int Nickel
£
War" Loạn 34% (Eed
99-9/16 after 1952) Janten-K'loon Rly, 5% 7 Chinese 41% Gold Loan
NEW YORK HIDES
September December
,02 up
Inter. Paper & Power Int, Tel.
Tel
.04 up
Kerecott Copper
Lakey Foundry & Mac, Libbey-Owema-Ford Glass 301
1891 (Brit. Issue) ...... Chinese 5% Gold Bonds,
30
34-3/4 3.98
1925-47
35
Chin. 41% Anglo-French
Loan, 1908
44
Chinese 5% Crisp Load.
1939/40
1912
12
1813 (Lan. Is.)
18
2*
High
35,00 22.18 20." Bails
1925 (VickersB)
a ma
Chinese 5% Reorg, Loan,
Chinese 8% Ster, Notes,
Chia. Imperial Rly. 5%
Loan
Honan Ray, 5%
Hukning Rly..6%,.1911...
38
(LP, N/Y Issue) ............. 12 Bukuang Rly. 5%, 1911
(German Issue)
Rby 5% 1913
11
Lung Tsing,, U. Hal
41
8
B'hai-N'King Rly. 6%
12
Tientsin-Fukow My. 5%
(Bitt. Stpd.)
Tientela-Pakow Rly, 5%
(German Stpd.) ...... Tientsin-Pukow Rly, 5%.
(Brit. Stpd. Bupl. Loan) Tientsin-Pukow Rly. 5%
(Ger, Stpd. Supl, Lean) 8
8.83 N 8.80/80 8.85m 9.01/01 8.98b/9.08 9.05/05
Total sales for the day:-26 contracts. New York Official unquoted NY-London Cross Rate 3.97-1/2
LONDON STOCK EXCHANGE
LONDON, Aug. 13 (Reuter)-The.
Stock Exchange was steady though
LONDON METALS
EXCHANGE
London, Aug, 12 (Reuter).
Tin, Standard, · Cash, Middle
trading was quiet. Egyptian Bonds Price, £264-1/8,
are notably Arm despite interna- Tin, Standard, 3 months, Middle tional uncertainties.
Gilt-Edged failed to fully main- tain initial gains while Industrials moved narrowly.
Kamis hardened late
in the
session on favourable reaction to
the record gold output in July.
Wall Street was quietly steady..
LONDON GOLD
London, Aug. 12 (Reuter),
Bar, Gold. Fine per z, 138/-
Price, £284-3/4.
27:70 ·13.08 -20 Utilities
..32.22 83.06: 40 Bonds
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Boryicos for Cargo and Passengers
TO-
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 at Shanghai, where passengers and cargo are landed. :
B.-A. Tob. (bearer)
Mercantile Bank
73/0 111
Dunlop Rubber.
28
Jap. 6% Bter, Loan, 1924
25.
Bristol Aeroplane
Ger, 1% Intl. Loan, 1924
44
Chartered Bank
161
Emperial Chemical Ind. 25/3. United Steel...
9/71
HK & S'hai Bank (Ldn.
Woolworths
5419
Reg
61
Maraman Investments.
8/0
HK & Shal Bank (Col
Eleg) e
મંગ
Western. Holdings 7/6, Sub-Nigel
180
Chinese Eng & Mining
Shell Trans.ds Trad
bearery
32/6
Chosen Corporation
For further particulars
please apply to
London-Midlands-Boot-
tish, 3%
11
Great Western Rail-
Nat Bank of India, 5%
way, 3%
懷
【bearer)
Fekin Byndica
Bhat Bec Const
Union Insurance
Gala Kalumpong Rubber 19/0
Bhai Watery
Nat Defence Bonds, 3% 100
TELEPHONESOJEDGENERA
NAGERS
BANKERS:
The Bank of England and Midland
Bank, Ltd, BRANCHES:
Bangkok ambay
Jpoh
Alcatta dalombo Dalbi
Kuantan
Kandy
Karachi
Koth Bharu
Kania Lipis
dade
Hongkong Eowrat
Kuala Treorgan Madr New York
BAGOON
Pesang
Ghughal
Skril
Kuala Lumpur "dugapore HONG KONG BRANCH: Every description of Banking and Exchange bazinone 'tanzusaated.
TRUSTEE AND EXECUTORSHIP
UNDERTAKEND
UURBEST LOCUST spesed in Local Chur- rency, and PIERD DEFOSTEA rewired in Lock Ouray & STERLING os terms, that may be ameriained on a lotion
D; : BENSONRY
What do
you want?
If there you want sell try Classified ment in kong Dally
vords $1.50. for-3
anything buy or
(Tong:
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) in China and connections in the
Owing to our numerous Branches.
principal Commercial Centres of the World, we are able to extend yo our Clients special facilities for Domestic and Foreign Banking and Exchange..
Head Office-SHANGHAI Hong Kong Branch
4, QUEEN'S ROAD, 0. South China Offices!
| CANTON | SWATOW
SHIUCHOW
KONGMOON TUISHAN KINGCHOW
We also handle the isade of Bonds and other Public Funds of the Chinens Government both at Home and Abroad"
SHOUT CHEN,
Low Dow Jones Averages 155.92 11184-30 Industriais
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND
EXCHANGE
CLOSING QUOTATIONS
AUGUST 13, 1940. --
On London:-
Telegraphie Transfer. 19713 Bank Bills, on demand 1/2 7/8 Credits 4 months' sight 1,31/9
On Shanghai:-
On demand
On Singapore:-
On demand
On Japan:-
On demand
On India:-
Telegraphie Transer
and demand.
On New York:----.
Bank Bills, on demand 21 3/4 Credits, 60 days' sight 23 7/8 On Batavia:→
9 9 9 9 9 9 9 9.99 9
On demand... 40 3/4 On Paris:-
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
The market was steady but quiet. LONDON RUBBER
SPOT
Bank Bills, on demand 1086 Credits 4 months' sight 1100 On Saigon:-
SEPTEMBER
OCT-DEC.
JAN./MARCH
On demand".......
04 3/4
APRIL-JUNE,
43 1/2
On demand ...
149
Bank Buying Rate
1/5
Previous close Today's close
buyers 13 12-15/16
ร่
12-11/16
12-1/8
......... 11-7/8
NEW YORK STOCK EXCHANGE
STOCKS
On Manila:..........
On demand
On Bangkok:-
On Sterling Notes:-
The market was quietly steady..・・
NEW YORK COTTON: May position is about 60 points below the loan level and we believe that purchases of May contracts will even- 1/8tually prove profitable.
Bar Silver per 08... 23 1/3
Shanghai Exchange
Shanghai, Aug. 13 (Reuter).
Omolal TT. Rates
NEW YORK RUBBER Modest trade buying of physicals was. In evidence,
CHICAGO WHEAT: The increase in visible supplies was, offset by the substaining infuence of the Ioan.
NEW YORK STOCKS: Previous close, 128.99; Today's close,
|| 127.26; Change, up 27...
NEW YORK COMMODITY MARKET
Bendix Aviation
Bliss Co.
QUOTATION (REUTER'S SKRVICE)
AUGUST 13, 1940.
+9
WEDNESDAY, AUGUST 14, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
ין
INDIA, AUSTRALIA
AND CHINA !
Laaned & Fully Paid-Up 320,000,000 Incorporated by Royal Charter, 1853
Paid-Up Capital £6,500,000 Reserve Fund
38, Bishopsgate E. C.2. Sub-Agencies In London: 117/129, Leadenhall Street, E.Ca West End Branch: 14/18, Cockapur Street, 8.WL Manchester Branch:
52, Mosley Street, Manchester, 2
AGENCIES AND BRANCHES: ALOR STAB AMRITSAR
BANGKOK BATAVIA
BOMBAY
HARBIN
PENANG
•FONG KONG TAF100A ILOILO
IPOH
CALOUTTA
BAIGON
BEREMBAN
KARAOBI KLANG
SHANGHAI
SINGAPORI
BITIAWAN
AGENCIES: ROBE CLIVE STAIST KUALA
Chief Manager. FAIBLE FLAG
Haiphong (Johore) Tientsin
Mukden Tokyo
New York Tsingtao
Yokobama
CANTON
DAWNYORI
LUXFOR
XUCKING
MADRAS MANILA
MEDAN
NEW YORK 'PEIPING..
(Peking).
TSINGTAO YOKOHAMA
FOREIGN EXCHANGE and General Banking Business transacted.
CURRINT Accounts opened and FIXED DEPOSIT received for One Year or shorter periods in Local or Other Currencies, at... rates which will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with
The Bank's Head Office in London
CURRENT ACCOUNTS opened In interest allowed at rates obtainabla LOCAL CURRENCY and FIXED DEPOSIT on application. received for one year or shorter periods in Local and other Cur-jundertakes Executor and Trustse rencies on terms which will be business, and claims recovery of British Income Tax overpaid, on
• quoted on application.
Atao up to date Sars DEPOSIT terms which may be ascertained at
any of the Agencies and Branches.
F. A. CAMIDGE,
Manager.
| BOXES in various sites To Let
Hong Kong, 28th February, 1940.
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. GRAYBURN,
Chief Manager. Hong Kong 25th Feb. 1939.
THE CHASE BANK
16, QUEEN'S ROAD, CENTRAI
HEAD. OFFICE:
18, PINE STREET!
NEW YORK An American Bank offering com
plete Foreign Banking Servi in the principal Markets of the world.
Interest Rates on Application.
This Bank is entirely owned by
ΤΗΝ "CHANE NATIONAL BAnt New York, with Resources of "avuj U.8.$3,900,000,000.
D. M. BIGGAR,
Second Vice Pre
THE MERCANTILE BANK OF INDIA, LIMITED
Head Office-15, Gracechurch Street," London, ECJ. Authorised Capital
BANK OF EAST ASIA, LIMITED
Authorized Capital.....$10,000,000.00 Paid-Up Capital Beserve" and Undivided
Profita
6,598,600.00
..2,883,201.50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central.
Board of Directors: » SIE SHOTBOX CHOW, Chairman Li Koon Chan, Esq. Lau Bang, Fage P. K. Kwok, Esq. Wong Chu Son, Esq. Wong Tan Tong, Esq. Kan Ting Po, Beg... Chan Ching Shok, Baq. Yang Ping Wab Bag KAN Toxo Po, Esa, Chief Manager LA Tax Foxo, Esa, Manager
Away |BASAYIR..
Branches and Agencies:-
Korloos Penand Blagapore London Baron Sonradays Bombay Manila Balgo
Bentow Ohlensta Melbourne San Fran. Bydney Haiphos
class Troutin New York Braktis Parts
Bemarang Shanghal Priping
COUVER
Every description of Banking and Exchange business transacted. Loans granted on approved becurities.
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.
BANKING CORPORATION.
Authorised Capital....... $30,000,000
Reserve Funda:
£3,000,000
Sterling
Reserve Liability of
Last Sale
STOCKS
Last Sale
..
Proprietors
.$90,000,000
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro
prietors
£3,000,000
.£3,000,000
Aug. 12
"Aug 12
HEAD OFFICE: LONDON:
53"
Lockheed Aircraft
251
Head Ofce:-HONG KONG
211
Leew's Inc.
344
.323
Loft Incorperated ........
21+
70
Mack Truck Inc.
22*
Board of Directors: H. V. Wilkinson, Esq.,
"
95
Martin, Glen L
301
1]
Chairmun.
334
McKesson & Robbins, pid.
21
Hon. Mr. J. J. Paterson,
Montgomery. Ward
42
Deputy Chairman,
144
Main City Copper Co.
མ
"131..
National Aviation
91
J. E. Bousfeld, Esq., A. H. Compton, Esq.,.
141
Mat. Dairy Products
131
Hon. Mr. H. Dodwell,
National Distillers
211
G. Miskin, Esq.,
103
K. S. Morrison, Esq.,
National Lead
17
36
T. E. Pearce, Esq.,
Nat, Power & Light
C. C. Roberts,” Esq.,
132*
National Supply Corp.
51
Hon. Mr. A. L. Shields,
1623
New York Cential
12
753
Niagara Hudson Power
4
Sir Vandeleur M. Grayburn,
9
נן
IN. American Aviation
16
BOU KARATA
TAIPING
20
North American Co..
194
Branche":
TIENTAIN
16
Northern Pacific
81
量
| Owens-Illinois Glass Co. ...
53
Amoy
Johore Rangoon
151
Faciic Gas & Elec.
291
Bangkok Kobe
Saigon
CAU COLOMBO DELHI
TONGEAH
(BLuket)
Batavia
3+*
Packard Motors
37
Kowloon San
HAIPHONG
Bombay Kuala
Francisse
Pan-American Airways
14
Calcutta Lumpur Shanghai
81
HAMBURG HANKOW
Paramount Pictures
#54
Canton
London
Singapore
301
Pennsylvania R.R.
191
Chefoo
Lyons Sourabaya
.781
Philadelphia Read, Coaj
"
Colombo
Malacca
Sungei
131
Phillips Petroleum
331
Dairen
Manila
14
Foochow
Muar
Public Service of N.J.......
38
Patani Swatow
L
167
Pullman Inc..../..................
197
16
20
Bankow
Pure Of
78
Harbin
4
| Radio Corpn, of Am. ·
.47
Iloilo
3
Reading Company, Com
12-
Ipoh
Peiping
Penang
524
Remington Arms Co., Inc.
47*
294
Republic Aviation Corp.
5
372
Republic Steel
171
742
Revere Corp.
82"
51
-Reynold' Tobne, “B”.
334
314"
Safeway Stores
-441
1}
Schenley Distillers
101
284.
Sears Roebuck
79
61
Shell Union Oll
31
382
Bocony-Vacunum Oil
8)
18.
Southern Pacific
181
Bouthern Rly $5 pid.
183
74
Spicer Manufacturing " Co.
27*
251
Bandard Brands
61
15
Stand Gas & Elec.
11
Standard Oll of Califòrnis
184
702
Standard Ol of NJ.
341
1667
Stone & Webster......
74
77
Studebaker Com
72
31
Swift International
174
35+
Technicolor
91*
57
Texas Corpa,
361
83
Texes Gulf Bulphur
318
71
Timken-Axle
24
331
Trans-America Co.
41
134
20th Cent. Fox
54
481
Union Bag & Paper Corp.
121.
34+
Union Carbide & Carbat
481
Union Pacific
70 847.
11
United Aircraft
36
11+
United Airlines Trans
184
12+
United Corpn
114
United Corpn. $3 cum pf. 37
497*
United Gas Corp.
151
144
United Gas Improvement
117
US, Industrual Alcohol.
18
*237
U.8. Rubber
182
201
US. Rubber #8 ptd.
834,
114
US. Steeler
541
SAFE DEPOSIT BOXES
BO*
Vanadium
31
40+
Hankow
Howolni
Kobe
Vultce Aircraft
.71"
237
Walworth Co.
4
15
Warner Bros. Pict.
21
21*
Westinghouse Elec.
101
271
Woodward Iron Cor. Chase National Bank National City. Bank
25
291" 234*
-bid.
1-ex. div.
DOW JONES AVERAGE.
Ang, 18, 1940 Aug. 10, High Low Close* 128.99 127.56 128 60 127.28 20.66 27.35 27.20 2729 .9%.60 22.60 22.47 -22,55
88.12
Change
27 up.
Babacribed Capital..
.43 up
Paid-up Capital
Eserve Fund and Bast,“
65.67 46.59 11 Commodity Index
..05 off 88.08 .04 off 60.53 Business Done :-290,000 shares
£3,000,000
£2,500,000 41060.000 ...£1,264,639