MAY 10, 1945. STOCKS
Last Sale
MAY, 23. 1942. STOCKS
May 22
Adams Express
43
Alleghany Steel Co.
181
Allied Stores
41
J. & Laughlin Steel $7 pfd. Kennecote Copper... Lakey Foundry & Mac......
Last Sale May 22
50 » 27
Allis Chalmers
231
Libbey-Owens-Ford
Casa 32)
340
Aluminium Ltd.
65:
Lockheed Aircraft
30
Amer. Can
91 a
Loew's Inc.**.****
221
12 3/4
American Cyanamid B.
201
Lott Incorperated
171
AmerForeign Power
1
Mack Truck Inc.
19)
New York, May 22, 1940.
43 1/2
AmerForeign $7 pi.
12
Martin, Glen L
3:4
American Gas & Elec.
27
McKesson & Robbins, pía.
183
SINGAPORE RUBBER
Transfer.
Amer. Locomotive
+10%
Monsanto Chemical
891
02. 1/2
Amer. Metals Co.
141
Montgomery Ward
342
SPOT
Amer. Radiator
51
National Aviation
10
JULY-SEPT.
Amer. Rolling Mill
10
Nat, Dairy Products.
131
OCT.-DEC.
Amer. Sling and Ring Co.
331"
Nat, Distillers ..........
18
The market was weak.
Amer, Sugar Refining
15-
National Gypsum
51
LONDON RUBBER
37
Amer. Tel. & Tel.
.145
National Lead
151
Amer. Tobacco "B"
72
Nat Power & Light
51
Dank Bills, on demand 1090 Credits 4 months' sight (160
Amer. Waterworks
National Steel Corp.
DO
S.POT.
Anaconda Copper
191
National Supply Corp.......
43
JUNE
On Salgan:-
Atchison, T. & S. Fe..
14...
JULY-SEPT.
New York Central
On demand .....
108 3/4
Auburn Motors
15/16
Niagara Hudson Power
OCT.-DEC.
34
8. 8 8 1
On Manila-
On Sterling Notes:-
Bar Silver per oz.
On demand
On Bangkok:-
On demand
Bank Buying Rates
39 1/
Aviation Corp. ... Bacock & Wilcox.
51
N. American Aviation
JAN.-MARCH
21
North American Co.
161
Baldwin Lecometive
137
Northern Pacific
41
148.1/2
Baltimore & Ohlo
31
Owens-nots Glass Co....
474
Barber Asphalt Co.
91
Pacific Gas & Elec
26
Barnsdall Of
77
Pacific Lighting
351
..91 3/18
Bell Aircraft Corp.
174
4
Packard Motors
2
Bendix Aviation
27
Pan-American Always
123
Shanghai Exchange
Shanghai, May 23 Reuter).
Official T.T. Rates
Bethlehem Steel
671
Paramount Pictures
41
Bliss Co
148
Pennsylvania R.R..
18
Eceing Airplane Co.
171
Phelps-Dodge
Borg-Warner
149
Philadelphia Read, Coal
Opening
Bridgeport Brass Corp.
81
Phillips Petroleum
20
London.
New York
Јарап
0/3-3/4
Briggs Mfg.
14
Pittsburg Coke & Iron
53
5
Brooklyn-M'hattan
Trong.
178
Public Service of N.J.
334
21-1/4
Brooklyn Manhattan $6....
104"
Pullman Inc.
181
114.75: Change, up 62.
India
20-3/4
Budd M'facturing Corp.
31
Pure Oll
.71
Canadian Pacific R'way
21
Paris
Hongkong
2.75 25"
Radio Corpn, of Am.
41
Case, JI
43
Reading Company,
Com
101
Celanese
921
Remington Arms Co., Inc.
31
Sellers
Opening Closing
Chesapeake & Ohio
301
Republic Aviation Corp.
5
Chrysler Corpn.
.58
Republio Steel
141
Spot
May
June
0/4-3/32 0/4-1/B 0/4-5/64 0/4-7/61 013-29/32 0/3-61/64
Cllmax-Molyb_enum Co.
261
Revere Cop. & Brass Inc.
Colts Patent Fire-Armis
71
Reynold Tobac.. "B"
"352
U.S. Dollars
Spot
$5-1/2
$5-9/18
May
5-15/325-17/32
Columble Gas & Elec....... Columbia 6% "A" DÍ: ...... Commercial Credit Co. Com, & Southern (Ord.)
41
Richfeld Ou
New York Cotton, July
-72
Safeway Stores
351
New York Rubber. July
30
Schenley Distillers
Chicago Wheat, Sept.
#
Sears Roebuck
631
June
.5-7/32
5-9/32
Market: Qulet.
Silver Duty Rate
The Central Bank of China's
Consolidated Edison
Consolidated O
24*
Shell Union Of
81
Chicago Corn, Sept...... New York Hides, June
53
Socony-Vacunum Oll
་་
Continental Can
34
Southern Pacific
71
NEW YORK COTTON.
Continental O
181
Southern Rly $5 pid......
15
Copperweld Steel
142.
July
Sperry
37
rate on London at 10 a.m. today
Corn Products
July (New contract)
451
Spicer Manufacturing Co. 241
was 1/2-1/24.
The Equalisation rate was 11-3/4 Curtiss Wright" "A" per cent.
Calcutta Exchange
Calcutta, May 22 (Reuter). T.T. Calcutta on Japan. 100.
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, May 22. The following quotations are the middle prices at the close of the market in London." All quotations are subject to confirmation and no responsibility is assumed for errors In transmission.
Elec. Autolite
Gen. Motors
Gen. Railway Signal Gen. Tire & Rubber Glidden Co. Goodrich (BF). Goodrich $5 pf.
Curtiss Wright (C.)
SI
Standard Brands
5.
231-
Stand Gas & Elec.
1
Deere & Co.
141
Standard Oll of California
133
October December January March
(
Distillers Corpo, Seagrams
13
Standard Ol of N.J.
321
+1
May
Douglas Aircraft
763
Stone & Webster
51
Spot
Du Pont de Nemours.
1494
Studebaker Com
8
Eagle Picher Lead
T
Swift International
19
Enton Mfg. Co.
24
Technicolor
BA
261
Texas Corpn.
341
Elec. Bond & Share
37
Texes Gul: Sulphar
28
NEW YORK BUBBER
Elec. Bond & Share $5 pt.
45
Timken-Axle
191
May
Elec Bond & Share. $8 pt.
531
Trans-America Co.
41
July
Elec. Power & Light $7 pi.
201
20th Cent, For.
5%
September
Fisk Rubber .....
10*
20th Cent. Fox. $1) pf.
141
December
Flintkote
101
Union Bag & Paper Corp.
10
January
Gen. American Trans.
37
Union Carbide & Carban
Gen. Electric
Total:-2,080 tons..
281
Union Paciác
74,
39+
United Aircraft
431
| CHICAGO WHEAT
11
United Airlines Trans
131
101
United Corpn
May
11
United Corpn." $3 cum pí.
·287
July
104
United Gas Corpn.
1
September
454*
United
Gas Improvement
101
Goodyear Tire & Co.
121
£
|U.S., Industryal Alcohol, ...
151
Great Northern Iron Ore ..
111
U.B. Rubber
183
CHICAGO COEN..
War Loan, 31% (Reg
after 1952)
Great Northern Rly, pid.
171
US. Rubber $8 pfd,
73
May
967
Great Western Sugar
10
N
U.S. Steel
437
July
Canton-K'loon Rly. 5%
12
Greyhound Corpn.
10
Vanadium
201
September
Chinese 41% Gold Loan »
1809 (Brit. Issue).
Hercules Powder Co
781"
Vultee Aircraft
50
Homestake Mining
43
Walworth Co.
31
WINNIPEG WHEAT
Chinese 5% Gold Bonds,
1925-47!*
International Harvester
37
Warner Bros. Pict.
22
May
48
Int Nickel
201
Westinghouse Elec.
831
July
Chin. 44% Anglo-French"
Loan, 1908
Inter. Paper & Power
111
Woodward Iron Cor.
16
October
49
Int. Tel. & Tel
2
Chase National Bank
"Chinese 5% Crisp Loan.
NEW YORK HIDES
Johna-Manville
48
National City Bank
1912
20
June
Chinese 5% Reorg. Loan.
1913 (Ldn. Is.) Chinese 8% Ster. Notes.
September
30
'—bid'
I-ex, div.
December
1925 (Vickers)
0:
1038/40
165.92 114 13 30 Industrials
33.90 2215 20 Hails
16
-97.70 19 34 20 Utilities
32 228321 40. Bonds
DOW JONES AVERAGE:
High Low Dow Jones Averages. May, 21, High Low Close
New York Official
NY-London Cross Rate 3.17.
May 23, 1940.
Change
114.13
116.80-11243 114,75.
.93 up
.22.14
29.43 21.85 22 21
.08 up
1834
18.81 17.83 18.01
17 upf
•
65 67 45 59 11 Commodity Index 51.57
83 25 61.78 Business Dune-2,180,000 shares.
83,21
.07 up
.16 up
NEW YORK COMMODITY MARKET (REUTER'S SERVİCE)
High Low Clase Close Change
Prev. 'Today's
9.75/75
10.08/08
unch. .30 up
Penang
CURRENT ACCOUNTS opened in LOCAL CURRENCY and Firm Deposits received for one year or shorter periods in Local and other Car rencies on terms which will be quoted on application.
Also up to date SAY DEPOSIT Boxes in various sizes To LET. Hong Kong, 28th February, 1940.
HONGKONG SAVINGS
L}
(Peking)
FORSION EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNT opened and FIXED DEPOSITs, received for One Year of shortar periods in Local or Other Currencies at rates which will be quoted on application.
·SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates obtainable on application.
The Bank's Head Office in London undertakes 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.
Manager.
B. A. JAMIDGE,
THE CHASE BANK
The Business of the above Bank 18. QUEEN'S ROAD, CENTRAL La conducted by the HONGKONG SHANGHAI BANKING COR- PORATION. Bules may be obtain- ed on application.
For the HONGKONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong. 5th Fab, 1930...
BANK OF EAST ASIA, LIMITED
Authorized Capital.....$10,000,000.00 Faid-Up Capital ......... 5,598,800.00 Eeserve and Undivided
Profits
..2,883,281.50
Bead once:BÓNG KONG No. 10 Des Voeux Road, Central,
Board of Directora:
SIR SHOUBON CHOW, Chairman Li Koon Chan, Esq. Li-Lian Sang, Bay. P. L. Krək. Esq. „Wong Chu ton, Saq, Wong Tan Tong, Esq. Kan Ting Po, Esq. Chan Ching bak, Kaq, Fang Fing Wah Esq KẢN TONO PO, Esq., Chief Manager LI THE FONG, Esq., Manager
Branches and Agencies:--
Manika
Singapore Surabaya
PRZARE ? Easgom
Saigon Awshow Barbed Kamore Da Fran- Sydney Haiphong
ošana Tiontain
Eolain
BALTSOF Shanghal
New York Bestila Paris
Puiging
HEAD OFFICE:
18, FINE STRENT,
NEW YORK. Am American Bank offering com plète Foreign Banking Servios in the principal Markets of the world... Interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by" Tar CHASE NATIONAL BANK. Now Yoz, with Resources of avai U..$2,900,000,000.
D. M. BIGGAR,
Second Fios Pric
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 Ezebange.
Head Office:-SHANGHAI Hong Kong Branch:
4. QUEEN'S ROAD, C. South China Offices:
CANTON
IUCHOW
Every description of Banking and Exchange business transacted. Loans granted on, approved securities.
Current Accounts opened.in Local Currency and Fixed Deposite reBWATOW ceived for one year or shorter .30 up
periods in Local and Foreign Cur -17
terms which will be rencies on up
quoted on application.
SAFE DEPOSIT Boxes To LET
KAN TONG PO,
Chief Manager.
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Passengers
SWATOW, SHANGHAL, TRINGTAU, CHEFOO
Lad TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
Jap. 8% Ster, Loan, 1924
der, 7% Intl Loan, 1924
Chartered Bank,
Reg.)
Rog)
Union Insurance ...........
Chin. Imperial Rly. 5%
." Loan
Honan Rly, 5%
Hukuang Rly 5%, 1911... Hukung. Rly.. 5%; 1911
German Issue)· Lung Teing & U.Hal
Bly, 5% 1913
B'hal-N'King Rly. 5%... Tientsin-Pukow Rly. 5%.
(Brit. Stpd.) .... Tientsin-Pukow Rly. 5% (German-Stpd.)...... Tientsin-Pukow Rly. 5%
(Brit. Stpd. Supi. Loan 11 Tientsin-Pukow "Rly, 5%
H.K. & Shai Bank (Ldn.
ELK, & Shal Bank (Col.
Chinese Eng & Mining
(bearer)
Chosen Corporation "Pekin Syndicate.......
S'hai Elec. Constr. Co. B'hai Waterworks "A"
8** 2 2 2 8 8 528
17
11
11
Gula Kalumpong Rubber 18/11 Allied Ironfounders...... 13/3 Asso, & Elec. Industries 37 Austin Motoze, ord. ....... 13/0 Cable & Wireless, New
Form, ord
Tate Lyle
Turner & Newall
50/3 63/11
TO-
United Steel.
Smethwick Drop Forg. ...
20 13/9
Armstrong Etevens, ord.
8/6
49
Pressed Steel, com
13/11
(Ger. Stpd. Suph Loan) ; 11' Jap. 5% Ster, Loan, 1907
38
42
B.-A. Tob, (bearer) ....... 93/9 Mercantile Bank ....
121
Gammell Laird, ord: .....
Vickers," ord.
-14/6.
Woolworths
55
5/6
Anglo-Dutch
10
64
Mexican Eagle
4
B1
Courtaulds
~ 31/71
Rub, Plant, Invest., Trust 25/7} Burma Corporation
7/9
Dunlop Rubber
19
8/8
Imperial Chemical Ind.
Distillers
Gen. Electric (England) 75/3 Guinness (A) Bon & Co.
70 Hawker Siddeley Aire... 10/41. Bristol Aeroplane
11/44 26/3
60 32/44
Commonwealth Mining
37/6
Western Holdings
10
Sub-Nigel Tanami Gold Mining ... Anglo-Iranian
190
For further particulars
please apply to-
414
48/11
15
15
Imperial Tobacco ........ 99/44 Marks & Sp'cer. "A" ord. 37/8 Rolls Royce
82/5 Léyland Motors
7:57/6
Burnah
83/6
Shell Trans,
& Trad.
80/71
Marsman Investments, ... 11/3 Randfontein Estates
(bearer)
•Nominai
SANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt, Terminal in the French Concession at
Shanghai, where passengers and cargo are saded:
JARDINE MATHESON&Co.,LTD. TELEPHONE BOXILIGENERAL MANAGERS
KONGMOON TOISHAN KINGCHOW
We also handle the issue of Bonda and other Public Funds of the Chinese Government both at Home and Abroad.
SHOU J. CHEN,
* Manager.
THE KWANGTONG PROVINCIAL
BANK
Kincorporated in China)
Costeral Birking Facilities and Pinsnelal åpente ko The Provincial Government of Kwangtong
Head Ofce-Balukwan, Kwangiang Province Hongkong Franch -Queen's Bldg,,B Coater E4, Cable Addresses-"PROVINCIAL” 1559, 944%. Telephones:"
20112, 20113, 20143, 20181, 81681. BRANCHES THROUGHOUT SOUTH CHINA Correspondrata in uw Work and Londen Paid Up Capitał
...... N$20,000,000, Beserve Capital .............. N$10,500,000.
AUYANG MANLY,
Hongkong Mangus.
A job?
WANT ADS
PAGE. 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
MAY 23, 1940.
On London:**
Telegraphic Transfer. 1/4 7/8" Bank Bills, en demand 1/9-7/8 Credits 4 months' sight 1/3 3/16
On Shanghai:-
On demand.......
On Singapore:-
On demand
On Japan:-
On demand"
On India:
Telegraphic
and demand .....
On New York:-
Bank Bills, on demand 19 3/4 Credits, 60 days sight 20 7,8
On demand........ Un Paris:
On.Batavia:--
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICK)
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
Previous
May 22 Closing Opening Closing Change Buyers Buyers +1
After, ruling easler, the market improved slightly, following the Ministry of Supply request for offers to the United Kingdom. Mar- ket closed dull, in sympathy with the New York market.
· FRIDAY, MAY 24, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital................. 850,000,000
INDIA, AUSTRALIA
į AND CHINA
Issued & Fully Paid-Up 820,000,000 Incorporated by Royal Charter, 1859
Reserve Funds:
Sterling..................
.£3,000,000 ......£3,000,000
£6,500,000 Paid-Up Capital
Reserve Fund Reserva Liability of Pro-,
H.K. Currency Reserve $10,000,000
Reserve Liability of
Proprietors
„$20,000,000
Head Office: HONG KONG
Board of Directors:.. H. V. Wilkinson, Esq.,
Chairman.
Hon. Mr. J. J. Paterson,
Deputy Chairman," JK. Bousfield, Esq., A. E. Compton, Esq., Hon. Mr. S. H. Dodwell, G. Miskia, Esq.,
K. S. Morrison, Esq., T. E. Pearce. Esq.,
C. C. Roberts, Esq.,
Hon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,
Phiel Manager.
Branches! Johore
prietors...
...£3,000,000
HEAD OFFICE: LONDON;"
38, Bishopsgate E.0.9. Sub-Arencies In. London: 117/129, Lendenhall Street, E.C... West End Branch;" 14/18, Cockspur Street, 8.W.1. Manchester Branch: 52, Moaley Street, Manchester, a
AGENCIES AND. BRANCHES:
ALOR STAR
AMRITHAR BANGKOK BATAVIA BOMBAY
CALCUTTA
AGENCIES:
CLAVE START FAILIA PLACM CANTON CAWAPORE CREATE COLOMBO DELAI
HARBIN FOND TONG **ILOILO
1200 TARACHI ELANG KOBE KUALA
PINANG BANGOON
BAIGON
SEREMBAN
SHANGHAI
SINGAPOR
SITIAWAN
LUMPUR
BOU BABAYA TAIPINO
KUCHING
MADRAS
MANILA
TIENTSIN TONGKAR
(Bhuket)
TSINGTAO TOKOHAMA
COMMODITY MARKET
REVIEW
(FROM PAYNE & CO.
38-1/8
37-1/8
38-1/4 of 1-7/8
38-5.8
35-5, 8
35 cts of 1-5/8
35-1/8
34-1/8
33-1/3 off 1-5/8
Previous close Today's close
buyers
buyers
Change
11-11/16
11-9/16
off 1/8
11-11/16
11-9/16
OR 1/8
11-916
11-9/16
.unch.
11-3/8
11-3/8
unch.
Amoy
11-1/16
11-5/16
up1/4
Bangkok Kobe
Rangoon Saigon
Batavia
Kowloon Saa
Bombay Kuala
Francisco
Calcutta
Lumpur Shanghai
Canton
Loudon
Singapore
HAIPHONG HAMBURG HANKOW
MEDAN NEW YORK PSIPINO
NEW YORK COTTON: Prices advanced slightly on better Euro- pean war news and on more liberal price-fixing coupled with, the re relative scarcity of offerings.
Chefoo
Lyons
Sourabaya
Colombo
Malacca
Sungel
Dairen
Manila
Patani
Foochow
Muar
Swatow
NEW YORK RUBBER: There was some liquidation following the
1645 Factory interest was easiness of the foreign markets. evidence.
Haiphong (Johore)
Tientsib
in
Bankow
Mukden
CHICAGO WHEAT: An advance in prices met with realizing and hedging. War news today was, slightly better. while exports were still disappointing. Better four sales were reported,
Harbin Iloilo Ipoh
New York
Peiping
Tokyo Tsingtao Yokohama
➡
NEW YORK STOCKS:
Previous close. 114.13; Today's close,
9.28 9.02
19.60
·811
19.04 82
.9.02 9.16 .14, up 19.57 19.04 .53 off
BANK
821 .83
3 up
* 624 - 604
611 413
9.75
*9.15
9.45N 9.75
Close
Opening
Closing
Change
9.02/02
9.02/02
9,18/18
סט 14.
9.23 N
9.21/21
9.36/36
13 up
8.51/52
8.52/53
8.67/67
.16 up
}
8.41/41
8.44/44
8.50/56
.15 up
}
8.33 N
8.33b/37&
8:49 N
קו 16,
>...... B.18/18
8.19/19
8.30/30
12 up
}
8,05 N
8.07/07
8.16/16
9.76 N
9.96 N
קט .. 20.
Total sales Tuesday:-38,600 bales.
The last notice day for may cotton: 22-5-40.
20.55/55
19.57/58 19.60/35
20.10b/15a 19.04/08.
18.05/07
17.35/40
17.25 N
17,87/04 -17.30/30 17,10/05
17.60/55
.45 of: .53 off 50 off
17.05b 16.95b
.30 off 30 off
823/823
82/821
821/821
85/851
821/821 82/82
834/83
up
831/83
up
Tuesday's sales:-24,730,000 bushels.
PALIKTA
Kovicom
London
634/03/
64/841
¥ up
.... 62/82.
812/62
621/621
up
63/814
602/601
81/617
Lnch
701b
713/71)
up
7116
72/72+
72 a
up
741/741
147a
up
9.45. N
9.73/80
9.20/30 9.56/65
4
9.90/92
10.05 N
9.83/90
34-3/4
.03 up
35
3.23-1/2
No comments yet.
Private notes are available after approval.