PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
AUGUST 15, 1948.
On London:---
Telegraphic Transfer, 1/2 7/* Bank Billa, on demand 1/2 7/9 Credits 4 months' sight 1.3 1/8 On Shanghai..
On demand
On Bingapore:--
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY MARKET REVIEW
Telegraphie Transfer,į,
and demand)
Bank Bills, on demand 31 3/4 Credits, 60 days' sight 22 7/8
On Batavia:-
On demand .......... 40 3/4
On Paris:--
"Bank Bills, on demand 1083
Credits 4 months' sight 1180
SPOT
On Balgon:-
On demand...
On Manila:-
On demand
On Bangkok:-
On Sterling. Notes:-
Bank Buying Rate
1/5
Bar Silver per os.
93 7/16
On demand
(FROM PAYNE & CO.}
Shanghai Exchange
The market was steady.
NEW YORK COTTON: Limit buying by, the trade furnished 149 1/2-demand which was offset by Bombay selling and Southern hedging. Reports of storms in parts of the cotton belt but are losing force as a factor,
Shanghai, Aug. 15 (Reuter).
NEW YORK RUBBER: The tightness of the shipment position is a dominating factor. Demand for actuals has improved.
· CHICAGO WHEAT; Overnight news was 'colourless and the market lacked any distinctive feature. The market ruled dull with a narrow range. Moderate hedging and liquidation caused a decline. NEW YORK STOCKS: Previous close, 122.98 Today's close, 122.25; Change, off .73.
NEW YORK COMMODITY "MARKET
(REUTER'S SERVICE)
NEW YORK STOCK EXCHANGE
STOCKS
QUOTATION (REUTER'S "SERVICE)
AUGUST 15, 1940.
STOCKS
FRIDAY, AUGUST 16. 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
INDIA, AUSTRALIA AND CHINA
Issued & Fully Faid-Up 890,000,000 Incorporated by Royal Charter, 1853
Paid-Up Capital ....... £ 6,800,000 Reserve Fund
H.K. Currency Reserve $10,000,000 Reserva Liability of Pro-
Board of Directors: H, V. Wilkinson, Esq.,
Hon. Mr. A. L Shield,
Kobe
Tokyo Tsingtao Peiping Yokohama "Penang
prietors
READ OFFICE: LONDON:
39, Bishopsgate E.0.2 Sub-Agencies In London: 117/19, Leadenhall Street, E.0.1 West End Branch:
14/16, Cockapur Street, 8.W 1. Manchester Branch:
52, Mosley Street, Manchester, S.,
AGENCIES AND » BRANCHES:
BARBIN PENANO
ALOR STAR AMBITSAR
MANGKOK
BATAVIA.. BOMBAY
DALOUTTA
KONO KUNG BANGČUN
11011
ПРОН KARACHI KLANG
..SAIGON
JEREMBAN
SHANGHAI
SINGAPORE
"SITIAWAN"
AGENCIES: KOBE
PAINLE PLACH CANTON
CAWNPORE.
KUALA
SCUBABAYA
LUMPUR TAIPING
KUCHINO
WADBAS MANILA."
MIDÄN NEW YORK PEIFING
(Peking!
TIENTSIN
TONGKAR
(Bhuket),
TAINOTAQ TOXUNAMA
FORMGN EXCHANOR and General Banking Business transacted.
CURRENT ACCOUærs opened and FIXED DEPOSITS 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 OCRBENT ACCOUNTS opened in interest allowed at rate obtainable LOCAL CURRENCY and Fixm Duostra on application. received for one year or shorter The Bank's Head Offee 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.
BANKING CORPORATION
Authorised Capital... $50,000,000
Reserve Funds: Sterling
....£3,000,000
£3,000,000
Last Sale
Last Sale
itaserve Liability of
Proprietor
..$90,000,000
...£3,000,000,
Aug. 14
Aug. 14
Adams Expreks
ནས
Lockheed Aircraft
231
Bead Offee-HONG KONG
Alleghany Steel Co.
20
Loer's Inc.
23
390
Allis Chalmers
291
Loft Incorperated
201
Aluminium Ltd.
Mack Truck. Inc.
214
On demand
52 3/4
NEW YORK, August 14, 1940.
Amer. Can
94
Martin, Glen
ár
281
On Japan
On demand
99 1/2
SINGAPORE RUBBER
On India:
$82 1/2
SPOT OCT./DEC.
A p
On New York:-
JAN./MAR.
Previous August 14
Close
Opening Closing Change Buyers Buyers
37-1/4 37-1/4 37-1/4 35-3/4 35-3/4 35-7/6 33-1/2 33-1/2 33-1/2
American Cyinamid B. ...'
32.
McKesson & Robbins, pt.
20
Amer. & Foreign Power
1.
Montgomery Ward
39
Amer & Foreign $7 pf. ...
14*
M'tain City Copper Co.
24*
unch.
Amer. Locomotive.......
121
National Aviation.
91*
Chairman. Hon. Mr. J. J. Paterson,
Deputy Chairman. J. E. Bousfeld, Esq., A. H. Compton, Esq.,
up 1/8 unch.
Amer. Metals Co.
14
Nat, Dairy Products
13
Hon, Mr. S. H. Dodwell,
Amer. Radiator
B
National Distillers...
201
G. Miskin, Esq.,
Amer. Rolling Mil
10t
The market was steady. LONDON RUBBER
National Lead
K. S. Morrison, Esq.,
162
Amer, S'ting and Ring Co.
34)
T. E. Pearce, Esq.,"
Nat Fower & Light
71
Previous close Today's close
Amer, Sugar Redning
121.
buyers
buyer
12-1/8
13-1/8
Change unch.
National Supply Corp......
C. O. Roberta, Esq.,
51.
Amer, Tel, & Tel. :......
159+
New York Central
107
Amer. Tobacco ""B"
741
SEPTEMBER
13-1/8
13-3/16
up 1/18
Niagara Budson Powers 44
Amer. Waterworks
81
OCT.-DEC.
13
".13-1/8
up 1/8
N. American Aviation. 154
Sir Vandeleur M. Graybarn,
Chief Manager.
Anaconda Copper
194
North American Co.
187
JAN./MARCH
94 3/4
APRIL-JUNE
·12-3/8- 12
12-1/2
Atchison, T. & S. Fe.
147
12-1/8
Northern Pacific
8.
Aylation Corp.......
44
Owens-Illäols Glass Dr.
493
Amoy
Branches: Johore
Baldwin Lecometive
141
Pacific Gas & Elec
29-
Bangkok
Batavia
43 1/2
Baltimore & Ohio
34.
Kowloon
Packard Motors
31"
Bombay Kuals
Rangoon " Saigon San
Francisco
Barber Asphalt Co. Barnsdall 00.... Bendix Aviation Bethlehem. Steel Bliss Co;
Pan-American Airways
13
Calcutta.
Lumpur Shanghai.
TZ
CU COLOMBO DELHI HAIPHONG HAMBURG' BANKOW
Paramount Pictures
5+
Canton London
"Singapore
281
| Pennsylvania B.R..
19)
ChefooLyons
Sourabaya
74
Philadelphia Read Coal
Colombo Malacca.
Sungai
12+
Phillips Petroleum
324
Dairen Manila
Patani
Boeing Airplane Co.
131
Foochow Muar
Public Service of NJ,
341
Swatow
Borg-Warner
15
Haiphong (Johore) Tiențein
Pullman Inc.........
18
Briggs Mig.
181
Bankow
Mukden
Pure Ofl
71
Harbin
Budd M'facturing. Corp.
32
New York
Radio Corpn. of Am, ......
44
floilo
Official T.T. Rates
Canadian Pacific R'way
27
Reading Company,
Com
121
Ipoh
Opening
Case, L
50
Remington Arms Co., Inc.
41"
London
0/3-5/8
Celanese
271
Republic Aviation Corp....
#
New York
5-3/8
Chesapeake & Ohio
352
Republic Steel
161
Japan
22-3/4
-Chrysler: Corpn.........
694
Revere Corp. .....
*8*
Paris
Hongkong
20N 24.
Columbia Gas & Mec, ......
51
Retnold Tobac. "B"
353
Commercial Credit Co.
301
Sterling
Sellers
Opening
Closing
Spot
0/3-23/320/3-45/84
New York Cotton. Oct. New York Rubber, Sept.
10.65
Aug.
0/3-23/32 0/3-45/84
Chicago Wheat, Sept.
73+
Sept.
0/3-45/640/3-11/18
U.S... Dollars
Spot
$5-1/2
$5-15/32
Aug.
5-15/32
Sept........
5-7/18
5-15/32 6-13/32
Chicago Com, Sept. New York Hides, Sept. NEW YORK COTTON Oct. (New contract) ... December ( }
601 601
Frey. Today's High Low Close Close Change.
0.31
9.27 *9.29 9.27 .02 off 19.43 19.40b 19.65
25 up 723 731 723
60% BO
Com, & Southern (@rd.)
11
Safeway Stores
411
Schenley Distillera
91
272
'Bears Roebuck
754:
8
Shell Union Off
8*
Continental Can
37
Socony-Vacunum Ol
84
i off
Continental Of
171
Southern Pacific
72
100
Copperweld 8teel
17}
Southern Rly $5 pfd.
17
8.43
8.35 8.41 8.41
unch:
Curtiss Wright (C.)
02
Spleer Manufacturing Co.
268**
L
**
Close
9.29/30 9.27/27
Opening
Curtiss Wright “A”
24
Closing
Change
Standard Brands
6
Deere & Co.
151
9.31/31
9.27/29.
".02 off
Stand Gas & Elec.
14"
Distillers Corpn. Seagrams“ 167
9.28/28
1.25/26
20 off
Standard Oll of California
172‡
Douglas Aircraft
681
January
9.17 N
9.15b
9.15
02 DK
Standard Off of NJ;
33+
Du Pont de Nemours
1601
India Rupee Paper
March
9.15/15
9.17/17
9.12/13..
103 off
Stone & Webster
Eagle Picher Lead...
འད་
May
8.96/96
5.96/96
8.95/95
,01 off
Studebaker Com,
Enton Mig., Co.
287
Bombay, Aug. 14 (Reuter). Govt, 31% Rupce, ́88-12-0.
July
8.79/79
8.77b/79a
Spot
9.84 N
6.77/78 0.791.
.02 off
Swift International ·
17
Elec, Autolite ;....
32
.05 of
Technicolor
Elec. Bond & Share
51
Texas Coron,
35
Elec, Bond & Share $5 pL
00
| Texes Gulf Sulphur
31
Elet Bond & Share 38 pf.
601
19.40b/42a 19.43/43 19.06/06 19.08/05 18.97 N unquoted
Elec. Power & Light 57 pf.
311
Timken-Axle
19.05/65
Trans-America Co
42
Flintkote
13.
19.15/15
.09 up
20th Cent. For
54.
Gen, American Trans.
46
19.07n
.10 up
Union Bag & Paper Corp.
11
Gen.. Electric
32+
18.80 B 18.80 N unquoted
18.77/77
18.951
.15 up
Union Carbide & Carbon
081
.Gen..Motors
447
18.750 unquoted
,15 up
Union Pacific
82.
Gen. Railway Signal
.11.
United Aircraft
341
Gen Tire & Rubber
101"
United Airlines "Trans
147
Glidden Co.
12
United Corpn
17.
Goodrich (BF)-;...
11
731/731 741/743 741/741 751/751
731/73
www.cada
121/727 74/741 747775
Goodrich $5 pi....
*48*
United Corpni. $3 cum pf.
354
Of
United Gas Corpn.
1+
1 of 1 off
Goodyear Tire & Co...... Great Northern Iron Ore ..
141*-
United Gas Improvement
113
131
U.S. Industrual Alcohol. '...
174*
Great Northern Aly, pid, -- 221 Great Western Sugar:
UA. Rubber .....
181
10
US. Rubber $8 pfd.
801,
Greyhound Corpn.
101
01/80%
561/661.
602/607 58/56
604/600 663/557
# off
Hercules Powder Co
782"
UB Steel
51+
Vanadium
281
off
Internatinal Harvester
391
Int Nickel
221
Vultee Aircraft
7+*
War Loan, 31% (Red
after 1962)...... Janton-K'loon - Rly. 5% 7
WINNIPEG WHEAT
Inter, Paper & Power
.141
Walworth Co.
31*
100+
October
73ja
73 a
731a
unch.
Int. Tel. & Tel
27-***
Wamer Bros. Pict
24
Westinghouse Dec,
98
December
.74jn
7492
unch.
Kenmscott Copper
251
Woodward Iron Cor.
25*
Chinese 41% Gold Loan
NEW YORK, HIDES
Lakey Foundry & Mac, Libbey-Owens-Ford
34
Class 37
September
£41/41
December
8.55/66
6.39/39 8.55/55
8.41/43
unch.
Chase National Bank National City Bank
281* 22**
8.60/61..
MarketInclined to be Easy.
Calcutta, Aug. 14 (Reuter),
Total sales Tuesday:-47.100 bales. NEW YORK RUBBER
September
Calcutta Exchange
TT on Japan, 81-1/2.
December January March
LONDON STOCK May
EXCHANGE
(REUTER'S SERVICE)
LONDON, August' 14. The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and no responsibility in assumed for errors In transmission.
€
July
Total sales-870 tons. CHICAGO WHEAT
September December May.
Tuesday's sales-18,951,000 bushels. CHICAGO CORN September December
1898 (Bzit. Issue) Chinese 5% Gold Bonds,
1925-47....
35
Total sales for the day:-100 contracts. New York Official
34-3/4 4.02-1/4
34-3/4
NY-London Cross Rate 4.00-132
Chin: 41% Anglo-French
Loan 1908
Chinese 5%.Crisp Loan,
1913-****
12
Chinese 5% Reorg. Loan,
1913 (do. Is.)
18
Chinese 8% Ster. Notes,
--<1925, (Vickers)
Chin. Imperial Rly. 5%
Loan
gue
38
Homan Fly, 5%
Hukuang Rly. 5%, 1911...
Notes in circulation
(LP. N/Y. Issue)
12
Hukuang Rly 5%, 1911
German Issue).
Lang Tsing: & U. Hal
Rig. 5% 1913 S'hai-N'King Rly, 5% Tientsin-Pukow Rly. 5%
(Brit. Stpd.) Tientsin-Pukow Rir. "5%
'(German Btpd.) ....
12
Tientsin-Pukow Rly. ēk
(Brit. Stpd. Supl. Loan). 8. Tientsin-Pakow Rly. 5%
(Ger.Stpdd. Gup Loạn) & Jap. 0% Ster. Loan, 1924 26
RESERVE BANK OF, INDIA STATEMENT
Calcutta, Aug. 14 (Reuter).
Aug. 2 Aug,.91
(including Notes held in the Bank-
דיי
Ing Department). 26,287 28,180
Rupee Coin and Bul-
קט 25.
כט 05.
LONDON METALS
EXCHANGE
London, Aug. 14 (Reuter),
Standard, Cash, Middle Price, £283-1/4
Tin,
Tin, Standard, 3 months, Middle Price, £283-7/8.
Consolidated Edison
Consolidated Of
ambid.
1939/40
DOW JONES AVERAGE
High Low Dow Jones Averages Aug. 13 High Low Close
73 of
Aug. 15, 1840
Change
155.99 11184 30 Industrials
192.98
13.17 123.00 113.25
25.90 22.18 20 Rails
20.45
26.55 26.38 36 32.
.13 off
87.70 18.03 20 Utilities
21.85
21.80 1.70 91,78
17 of
67.58
55.67 46.4811 Commodity Index 30.05
87,48 .10 off 48.86.19 of Business Done: 270,000 shares
92 21 83.06"40 Bonds
British Income Tax overpaid, on
Atso up to date Bar DEPOSIT terms which may be ascertained st Borra in various sizes To Lar
any of the Agencies, and Branches. Hong Kong, 28th February, 1940.
R. A. CAHIDGE,
Manager.
HONGKONG : SAVINGS BANK
The Business of the above Bank is conducted by the HONGKONG SHANGHAI BANKING COS- PORATION. Rules may be obtain- ed on application.
For the HONGKONG & SHANGRAI Banking CorpORATION.
7. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 183.
THE · CHASE. BANK-
15. QUEEN'S ROAD, CENTRÄI
HEAD OFFICE:
18, PINE STAKET,
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
This Bank is entirely owned b THI CHAT NATIONAL BANK New York, with Besource of ovej 17.8.63,900,000,000. --
D. M. BIGGAR,
Bacond Vice Pre
A Job?
WANT ADS
INDO-CHINA
lion in India. 3,735 3,608 SILVER MARKET STEAM NAVIGATION COMPANY LTD.
Gold Coin and Bul-
Ilon in India 4,441 4,441
Securities (adian
Government) Securities I(British
Government)
Mercantile Bank Dunlop Rubber
4.960 4,960
- LONDON SILVER
London, Aug. 14. (Reuter); Silver Speculators bought and sold. Business very small, market 13,150 13,150 quiet. In the afternoon, the mar
ket was quietly steady,
Spot, 23-7/16d. |
Forward, 22-11/16d.
BOMBAY SILVER
Bombay, Aug. 14 (Reuter). Market-Quiet but steady. Off take 50 bars.
Operating Services for Cargo, and Passengers
"TO
SWATOW, SHANGHAI, TSINGTAU, CHEFOO:
and TIENTSIN
KOBE and OSAKA
SINGAPORE PENANG and CALCUTTA SANDAKAN
HAIPHONG
All steamers berth alonguide the Roosevelt Terminal in the French Concession, at Shanghai, where passengers and cargo are landed.
111
28/6
Ger. 7-Intl. Loan, 1924 Chartered Bank
5
Bristol Aeroplane
9/9
61..
Imperial Chemical Ind. 25/0
HK. & 8'hal Bank (Lda.
Reg.
United Steel
17/11
Woolworths
5776-
AK; & Shal Bank (Col.
Reg)
Marxman Investments -8/9.
Western Holdings
Indian Mint 9iver
7/9
Chinese Eng. & Mining
Sub-Ngel®
152/6
Ready
03-07
Shell Trans, &Trad.ph
bearers
32/6
Aug. 28 Settlement Sept. 25 Settlement
03-07
63-07
For further
Nat Defence Bonds, 3% 100 London Midlands-Scot
tish, 3%
please
124
Great Western Rail
Nat Bank of India. 2%
284
LONDON GOLD
London Aug 14 (enter)) Bar Gold, Fine per oz. 1387,
((bearer) Wire
Chosen Gorporation Pekin, Syndicate mai Bhai Mec. Constr. Co. BhaWaterworks Union Insuran Chuda Kalumpons Eu B-A Tob
ARDINI
TELEENONTE CONTENERA
NAGERS
BANK OF EAST ASIA, LIMITED
Authorized Capital $10,000,000.00. Paid-Up Capital 6,598,800.00 Reserve and Undivided
Prafte
2,43,261.50
Head Office:-HONG KONG No. 10. Des Voeux Road, Central.
Board of Directores. BIR SHOTION Caow, Chairman- Li Koon Chu, Sag Li Lan Sany, Esq. P. K. Krok, Ex Wong Cha Sam, Baq. Wong Tun Tong, Baq. Kan ng Pay Bag, Chan Ching Shuk, oq, Fung Flag Wah Eng HAN TONG PO, Esq., Chief Manager LITER FONO, Esa, Manager
Branches and Agencies:--
Bateria Bombe Chlazen Haiphong
Spripom
Loodan
Minila
Penang Blog porn Hangoon Bourabaya
Balgun Below
Melbourne Ben Fran- Sydogy Naginska,
HALLOW
New York Beattle
Monsists Lobe
Peris
Shangbai
Paping
SORTOL
Every description of Banking and Exchangë business transacted. Loads granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposita re ceived for bor year or shorter. periods in Local and Foreign Cur- rencies on terms which will be quoted on application.
SATE CEPOSIT Boxes To L.
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially, Chartered by THE NATIONAL GOVERNMENT
OF CHINA AS ANA INTERNATIONAL EXCHANGE
FAID-UP CAPITAL $50,000.000.00 (BRANOS AT OYEZ ORIKI) Owing to our numerous Branches in Chins and connections in tha principal Commercial Centres of the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and Exchange.
Head Office: SHANGHAI
Hong Kong Branch:
4. QUEEN'S ROAD O
South China Off
CANTON
KONGMOOR
SWATOWTOISHAN NG
SHIUCHOW
KINGOHOW
We also handle the issue of Bonds and other Publro Funds of the Chinesu Government both at Home and abroad
BROU
CHEN
?