Amer. Can. Ai
American Cyanamid B.
Amer. & Foreign Power
Amer & Foreign $ pi.
Amer. Locomotive .......
JAN./MAR.
37-5/8 37-5/8 37-3/4 up 1/8 36-1/8 38-1/8 36-378
up 144 33-374 33-3/4 34 cts. up 1/4
Amer, Metals Co.
Amer. Radiator
Amer, Rolling Mill
The market was steady but dull. LONDON RUBBER ·
Amer. Sting and, Ring Có.
On demand
41 1/8
buyers
SPOT
Previous close Today's close
buyers 13
Amer, Sugar Refining
Amer. Tel, & Tel.
Change
Amer. Tobacco "B"..........
-unch-
Amer. Waterworks
Bank Bills, on demand 1085 Credits 4 months' sight 1160
SEPTEMBER
13
13
tinch.
OCT,-DEC.
13
13
unch.
Ahaconda Copper
On Saigon:
JAN./MARCH
12-3/8
On demand
95 3/4
APRIL-JUNE
... 12
12-3/8 12
unch.
Atchison, T. & 3. Fc.
unch.
Aviation Corp.
Baldwin Lecometive
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
AUGUST 20, 1949.
On London:-
Telegraphie Transfer. 1/2 7/ "Bank Bills, on demand 1/2 7/9 Credits 4 months' sight 1/3 1/2
On Shanghai:-
On demand
***300
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDINGTM HONGKONG
COMMODITY MARKET
REVIEW
52.3/4
On Japan?-
On demand
93 1/2
NEW YORK. August 19, 1940.
SINGAPORE RUBBER
On Singapore:-
On demand
On India:-
⚫ Telegraphic Transfer.gg/SPOT
and demand
On New York:-
Bank Bills, on demand 22 Credita, 80 days' aight 23 1/9
On Batavia:-- ·
OCT./DEC.
"On"Paris:——
(FROM PAYNE & CO.)
Previous August 19
Close Opening Closing Change Buyers
Buyers
NEW YORK STOCK EXCHANGE
STOCKS
Adams Express
Alleghany Steel Co. Allis Chalmers Aluminium Ltd.
QUOTATION
(REUTER'S SERVICE)
AUGUST 20, 1940.
WEDNESDAY, AUGUST 21, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
INDIA, AUSTRALIA
AND. CHINA
Issued & Fully Paid-Up 490,000,000 Incorporated by Royal Charter, 1863
£8,000,000 Reserve Fund
Paid-Up Capital ...... £3,000,000
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro
..$90,000,000
Head Office:-HONG KONG
Chairman Hon. Mr. J. J. Paterson,
Deputy Chairman,
Sir Vandeleur M. Grayburs,
"Umej Manager.
prietors
£3,000,000
..£3,000,000
· HEAD OFFICE: LONDON: 38, Bishopsgate ‘E.C.L· Sub-Agencies In London:
117/199, Leadenhall Street, E.QS West End Branch: 14/16, Cookspur Street, 8.W1. Manchester Branch:
59, Mosley Street, Manchester, 2
AGENCIES AND BRANCHES:
ALÓK STAR AMRITSAR BANGKOK
BATAVIA BOMBAY
CALCUENTA
HABEİN
PENANG.
HONG KONG KANGOON ILOILO "SAIGON
IPOK
AGENCIES: KOBE
CAL SCR KUALA Faizik PrAOR CANTON
CAWNPOEN CRBU
SEREMBAN
KARACHI KLANG
SHANGHAI
SINGAPOR
SITIAWAN
BUURMAYA
TALPING
TIENTSIN
TONGKIR
MANILA
MEDAN
(Bhuket)
TBINGTAO
LUMPUR
KUCHING
MADXAN
-BANKING CORPORATION
Authorised Capital 850,000,000
Reserve Funds:
Sterling ....
Last Bala
STOCKS
Last Sale
Beserve Liability of
Proprietors
Aug. 15.
Aug. 19.
5
Lockheed Aircraft
234
20
Loew's Inc.
231*
201
Loft Incorperated .....
19
· 70"
Mack Truck Inc.
201
Board of Directora: H. V. Wilkinson, Esq.,
93*
Martin, Glen L.............
281
321..
McKesson & Robbins, pfd., 201*.
11
Montgomery Ward
594
14
M'tain City Copper. Co.
21
12
National Aviation
J. K. Bousfeld, Esq.," A. H. Compton, Esq.,
133
Mat Dairy Products
134
Hoa. Mr. B. H. Dodwell,
6
National Distillers
201
G. Miskin, Esq...
101
National Lead
K. 8. Morrison, Esq.,
161*
34
Nat, Power & Light
71*
T. E. Pearce, Esq.,
122
National Supply Corp.
C. C. Roberts, Esq.,
54
1581
Hon. Mr. A. L. Shields,
New York Central·
111
734
B
191
Niagara Hudson Power |N. American Aviation North American Co.
41
152
... 181
Branches:
147
Northern Pacific
4
Owens-Illinois Glass Co
471
Amoy
Johore
137
Pacific Gas & Elec.
28
Bangkok
Kobe
Rangoon Saigon
O Manila:
The market was featureless ------
Baltimore & Ohlo
-31-
Batavia
Packard Motors
31
44
Bank Buying Rate
28 7/16
MARKET
..
NEW YORK COTTON Oct. (New contract) December ( > ... January ( March
f
"
{
May
July Spot
(...)
January
March
July
Total sales: 390 tons. CHICAGO WHEAT
September December May
December
WINNIPEG WHEAT
On demand
On Bangkok:-
'On demand
On Sterling Notes:
Bar Silver per cz.
Market Report
NEW YORK COTTON: Scattered selling is meeting with a good 149 1/2 demand. The tone is steady.
FROM ROZA BROS. Silver prices dropped 1/16 yes- terday for both deliverles, the quotations being 23.7/16 for Ready Silver and. 22.7/B for Forward,
advices reported the market as being quiet and featureless. Ame
CHICAGO WHEAT: Large. receipts and poor exports were de- pressing. Outside interest was lacking.
NEW YORK STOCKS: Previous close, 121.98: Today's close, 122.06; Change, up .08.
NEW-YORK "COMMODITY MARKET
(REUTER'S SERVICE)
rican Silver was quoted at 34.3/4 New York Cotton, Oct. for Spot,
New York Rubber, Sept. The London/New York cross Chicago Wheat, Sept. rate was quoted at 402.1/2 Newchicago. Corn, Sept. York/London was quoted at 401.New York Hides, Sept. 1/2.
Quiet
STERLING There were sellers at 1/2.31/32 Up to November, buyers at 1/3 for any delivery. ⠀
U.S. DOLLARS Business was done during the course of the morning at 223/8 for Cash. The "market closed at
Total sales Saturday:-36,300 bales. NEW YORK RUBBER 1 p.m. with sellers at 22.3/B for
September near and forward. buyers at 22. December 7/18 for Cash,
SHANGHAI DOLLARS
A small business was done at May
402.3/4 for Cash.
SHANGHAI MARKET Quieti Bellers of Sterling at 3.45 64 for Spot U. 8. Dollars opened with sellers at 5.1/2 and then steadied up to 5.9/10. The market closed at lunch time with sellers 35.17/32 for Spot.
AFTERNOON MARKET
The market was dull in the September
afternoon...
STERLING
Barber Asphalt Co.
·94"
Bombay
Kuala
Pan-American Airways'...
12}
Barnsdall ou
.8.
Calcutta Lumpur Shanghai
Paramount Pictures
51
Canton
London
NEW YORK RUBBER: The market today dealers exchanging futures for actuals.
Was
featured
by
Bendix Aviation
23
Pennsylvania R.R.
191
iCheloo
Lyons
Bethlehem Steel
741
Philadelphia Read, Coal.
Colomba
Bliss & Co.
141*
Phillips Petroleum
32
Daireu
Manila
Boeing Airplane Co.
134
Fublic Service of NJ,
35
Foochow
Muar
Borg-Warner
151
Pullman Inc........
181
Briggs Mig
184
Pure Of
71
"Budd Miscturing Corp.
31
Radio Corpn. of Am. .....
41
Canadian Pacific. R'way...
2}.
Reading Company,
Com
121\
Case, Ian.
48
Ipoh
Remington Arms Co., Inc.
481
Celanese
th
Republic Aviation Corp.
41
Chesapeake & Ohio
361
Republic Steel
161
Chrysler Corpn.
69
Revere Corp. ....
для
Prev. Today's High. Low Close Close Change 9.24 9.16 9.19 9.22 .03 up 19.56 19.55 1954b 19.52b .02 off
691 88 691 683
Columbia Gas & Elec.
51.
Commercial Credit ›Cp.
301*
| Reynold-Tobac. “B”
Safeway Stores
417*
Com, & Bouthern (Ord) ...
1+
Schenley Distillers
9*
Consolidated Edison
...
271
Bears Roebuck
75**
off
Consolidated "Oll
6
Shell Union- Ofl
B*
601591
601
Close
"
7.95
7.6% Opening
601 unch. 8.05 7:70 35 off.
Continental Can
363
Socony-Vacunum Oil
82
Continental Oil
171*
Southern Pacific
78
Copperweld Steel
174
Southern Rly $5 ptd.......
9:19/20
9.15/15
9.05 N
9.16/18 .9.13/13
0.07€
Closing 9.220
Change
Ourting Wright (C.)
**
apicer Manufacturing Co. 258*
.03 up
Curtiss Wright "A"
24*
Standard Brands
6
9.19/19
:04 up
Deere & Co.
∙147
Stand Gas & Elec.
9.10n
.05 up
Distillers Corpn. Beagrams. 16*
Standard Oil of California
17}
}
9.03/04
9.02b/03a
9.08/08
.05, up
Douglas Aircraft
684
Standard Oil of NJ.
331
>
8.85/85
8.85/85
8.90/90
.05 up
Du Pont de Nemours
1611
Stone & Webster
7*
8.65/85
8.65/65
8.66/67
.01. up
Eagle Picher Lead
.7* !!
Studebaker. Com
74
9.71 N..
9.740
.03 up.
Eaton Mfg. Co.
284
Swift International
16.
"Elec. Autolite
314
Technicolor
Elec. Bond & Share
5)
Texas Corpn.
341
Elec. Bond & Share $5 pt.
62
Texes Gulf Sulphur
304
Elec, Bond & Share $8 pf.
69
19.54b/55a 19.20/20
19.55b/60a 19.52b
.02 off
Timken-Axle
22+
Elec. Power & Light $7 pf. - 32
19,22/22 19:15/15
.05 off
| Trans-America Co.
44
Flintkote
131
19.15 N
unquoted -19.05m
10 off
20th Cent. Fox.
51
'Gen. American Trans: ....
44*
19.03 N
18.85b/19.05 18.85
.18 off
Union Bag & Paper Corp.
11
18.86 N unquoted
Gen. Electric
321
18.6821 unquoted
.18 off
Union Carbide & Carbon
674
Gen. Motors
447
Union Pacific
81*
Gen. Railway Signal
.107.
Wnited Aircraft
.341
Gen. Tire & Rubber....
102*
United Airlines Trans ......
15.
#
Glidden Co
12
United Corpn.
13
Goodrich (B.F.) -
107
United Corpn. $3 cum pt.
351
091/691 71/71
691/387
683/681
off
710/707
701/701
off
...... 71/72
711/713
888
Goodrich $5 pf.
40*
United Gas Corpn...........
11
Goodyear Tire & Co,
1411
United Gas Improvement
11
off Great Northern Iron Ore
134
US. Industrual Alcohol
17
Saturday's sales:-13.537,000 bushels.. CHICAGO CORN
Great Northern Rly, pid, Great Western' Sugar
211
U.S. Rubber
*****
173
'193*
U.S. Rubber 38 pfd.-
~76*
Interest Rates on Application.
Greyhound Corpn.
102
JUS. Steel
50+
601/001
50/501
601/601
unch,
Hercules-Powder Co.
801
Vanadium
29"
548/548
543/543,
541/511
§ off
International Harvester
39
Vultee ́Aircraft
7.
Int Nickel .....
221
Walworth Co.
34
The market closed with sellers at.1/2.31/32 up to buyers at 1/3..for any delivery.
U.S. DOLLARS
Inter. Paper & Power
144
Warner Bros. Pict.
21
November,
October December
7380
73ja
741a.
73ła 74ła
unch
Int, Tel, & Tel
21*
Westinghouse Elec.
951
unch.
Kenzecott Copper
251*
Woodward Iron Cor.
25*
NEW YORK HIDES
Lakey Foundry & Mac Libbey-Owens-Ford
· 37*. Glass 37
Chase National Bank
281*
8.05/05
7.90/90
........ 8.22/23. 8.13/13
7.70/74. 7.88/90
.35 off ..34 off
Total sales for the day:269 contracts. New York Official
... unquoted
The market closed with sellers September ......... at 22.3/8 for near, buyers at 22. December 7/18 for Cash,
SHANGHAI DOLLARS.
Closed with sellers at 402.1/2 for NY-London Cross "Rate 4.00 Spot.
SHANGHAI MARKET
Closed with sellers of Sterling
at 3.45/64-for Spot U. S. Dollars
closed with sellers at 5.17/32, for Spot.
די
LONDON STOCK EXCHANGE
LONDON, August 20 (Reuter)— In the Stock Exchange, goldmin-
Shanghai Exchangeing and copper shares received
Shanghai, Aug. 20 ̊ (Router).
Ofidai TT. Batek
London,..
New York
Japan
Parts
Hongkong
Spot
Aug.
Sept
Spot
Aug.
Sept.
investment-support on view and yielded the most attractive present prices, Brother” sections
"Were mainly steady with preponderance small
34-3/4 4.01-1/2
LONDON GOLD ·
London, Aug. 19 (Reuter). Bar Gold Fine per oz; 168/~
1939/40
tex, diy DOW JONES AVERAGE
High Low Dow Jones Averages "-155,99 111:84 30 Industrials
35.90 *22,15′′ 20 Rails .87.70:19.03 120 Utilities
99.39 83.06 40 Bonds
65 67 46.69 11 Commodity Index
INDO-CHINA
3-3/8 gains among industrials, cult-edged SAM NAVIGATION COMPANY LTD.
Opening: 0/3-5/8
22-3/4
"208"
24
Bellers
Sterling
Opening Closing 6/3-45/64 0/3-45/64 0/3-45/64 0/3-45/04 0/3-11/16 0/3-11/10
U.B. Dollar:
$5-17/32 $5-17/32
5-17/32
5-1/2
5-17/32 5-1/2.
Market: Quiet.
India Rupee Paper
» “Bombay, Aug. 19 (Reuter).
Govt 34 Rapse, 89-08-0.
Calcutta Exchange
Calcutta, Aug. 19 (Reuter); T.T. on Japan, 81-7/8"
securities were mostly unchanged,
Wall Street was irregular
LONDON METALS
EXCHANGE
:
London; Aug. 19 (Reuter); Tin, Standard, Cash, Middle Price, £282-1/4
Tin Standard, 3 months, Midd Price £202-5/8.
SILVER MARKET
LONDON SILVER
London, Aug 10 (Reuter). Silver: Market featureless and quiet. In the afternoon, the mar- ket was quietly steady.
Spot. 23-7/164. Forward,-22-7784,
Operating Services, for Cargo and Passengers
TO-
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and · CALCUTTA SANDAKAN
HAIPHONGTM
All steamers borth alongside the Roosevelt Terminal in the French Concession at Shaughat, where passengers and cargo are landed.
For further particulars
please apply to
JARDINE MATHESON&Co.,LTD. TELEPHONE SOXII GENERAL MANAGERS
*BANKERS:
· The Bank of England and Midland
Bank, Ltd. BRANCHES:
Bangkok Ipoh
Bohay
Oxicatis
Kuantan
Colombo
Kandy
Dalhi
Karach!
Gallo
Kuta Bharu
"Bongbong". Kukin, "Lapla
Howra
Huals Trengganu Midra
New York
Penins
Bangoon
Shangkat
Kuala Lumpur Zingapore
WHONG KONG BRANCH:
Every description of Banking and Bobmage
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT
OF CHINA AS AN AN INTERNATIONAL EXCHANGE
*BANK
FAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerous Branches TRUSTEE AND EXECUTORSHIP in China and connections in the
kuzinom fransacted,
FUNDERTAKEN A Sul principali Commercial Centres of UTERLENT ACCOUNTS opened in Local Or the World, we are able to extend
„reiny" and PIIRD DEPOSIts roosived in Lock!
Currency & BREKLING on terme that may be sacortaliedop spj lension..
BENSON
What do
you want ?
there is anything you want to buy or sell try A Classined advertise- ment in the Hong-, kong Dally Press.
25 words $1.50 prepaid
for 3 insertions.
our Clients special facilities for Domestic and Foreign Banking and
Exchange.
Head Office: SHANGHAI:
Hong Kong Branch.
4, QUEEN'S ROAD, C. South China "Ofices:
CANTON SWATOW
KONGMOON TOISHAN
SHIUCHOWKINGCHOW
We also handle the issue of Bonds and other Public Funds of the Chinese Government both at Home and Abroad
SHOU J. CHEN,
Нападат
National City Bank
223*
*bid.
334.
Patani Swatow Haiphong (Johore) Tientsin Radkow Mukden Tokyo Harbin New York--Tsingtao Iloilo Peiping Yoknbama
Penang
CURRENT ACCOUNTS opened in LOCAL CURRENCY and FixED Data 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 SAFE DEPOSIT BOXES in various sizes 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, 26th Feb., 1939.
THE CHASE BANK *
16, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PINE STRET,
NEW YORK An American Bank offering com plets Foreign Banking Bervic in the principal Markets of the world.
D. M. BIGGAR,
Second Fice Pro
.
THE MERCANTILE BANK OF INDIA, LIMITED
Head Ofcopis, Gracechurch Street, London, EC3
เจ
Authorised Capital
21.63
87.52
Aug. 20, 1940, Aug. 17, High Low Close Change 131.08 12237 121.70 122.08.08 ap: 26.27.20.34 26.24. ̈ 26.31 04 up 21.72 91.59 21.6401 up.
87,65
.03 up * 48.74 Business Done -130,000 shares.
nhacribed Capital Pald-ap Capital
Reserve Fund and East,
23,000,000
21,800,000
21,050,000
21,24,059
NNW YORK PRIPING
(Peking)
YOKOHAMA
FORK.GN EXCHANGE and General Banking Business transacted.
CURRENT Accounts opened and FIXED DIPOs1rs received for One Year of shorter periods in Local or Other Currencies at rates which will be quoted on application..
SAVINGS ACCOUNrs also opened in Local Currency and Sterling with interest allowed at rates obtainable on application.
The Bank's Head Office in London undertaken Executor and Trustee. business, and claims recovery of. British Income Tax overpaid, on.. terms which may be ascertained at any of the Agencies and Branches.
RA. CAMIDGE,
Manager.
BANK OF EAST ASIA, LIMITED
Authorised Capital......$10,000,000.00 Paid-Up Capital 5,598,800.00 Rezerve and Undivided"
Profile
„2,183,281,50 -
Head Office:-HONG KONG No. 10 Des Voeux Road, Central,
Board of Directors:
SIR SHOPSON Chow, Chairman Li Koon Chan, Eng.“ Li Lan Sang, Esq. P. K. Kwok, Esq. Wong Chu Son, Esq. Wong Yun Tong, Esq. Kan Ying Po, Esq. Chan Ching Shuk, Ks, Fang Ping Wab Bag KAN TONG PO, Esq., Ühief Manager LI TA FOND, ESQ., Manager
ANCY Batavia
Branches and Agencies:--
POZADE
Singspora
London, Euroon Bouradays Kanila
Balgon Brator
Melbourne San Fran. Byduny Magnaska
disco Totals
New York Beattie Paris
Pelping
Semarang Shangbal
Every description of Banking and. Exchange business transacted. Loans granted on approved securities.
Current Accounts apened in Local" · Currency and Fixed Deposita re ceived for one year or aborter periods in Local and Foreign Cur fencies on terms which will be quoted on application.
SATE DEPOSIT BOXES. TO LET.
KAN TONG PO,
Uhief Manager.
Kowlcoo Sap
COLOMBO DELEL
HAIPHONG
Francisco
HAMBURG HANKOW
Singapore Sourabaya
Malacca Sungei
Bambur
Chaksutta
SAFE DEPOSIT BOXES
Haiphong
Baskow
This Bank is entirely owned be THE CHASE NATIONAL BANT New York, with Besources of ove U.8.$2,900,000,000.
Klovinia Kobe
1