1940-05-25 — Page 10

(REUTER'S SERVICE

MAY 10, 1940. STOCKS

Last Sale

MAY 24, 1940 STOCKS

May 23

Adams Express

41

Alleghany Steel Co.

151

J. & Laughlin Steel #7_pfd, Kennecott, Copper ........

Last Sale May 23 50

271

Allied Stores

41

Lakey Foundry & Mac. ....)

21"

Allis Chalmers

24

Libbey-Owens-Ford

Glass

34 -*-

Aluminium Lid,

52

Lockheed Aircraft

297

Amer. Can

91

Loew's Inc.

213

American Cyanamid. B.

201

Loft Incorperated

171

War Loan, 3%

(Red

Amer. & Foreign Power...

11

Mack Truck Inc.

17

after 1952)

99

Amper & Foreign $1 pt.

12;

Martin, Glen L.

331

Canton-Kloon Rly. 5%

10

New York, May 23, 1940.

American Gas & Elec.

201

McKesson & Robbins, pid.

18

Chinese 41% Gold Loan

Amer. Locomotive ....

111

Monsanto Chemical

...

891

1898 (Brit. Issue) *****

47

SINGAPORE RUBBER

Amer. Metals Co.

14

Montgomery Ward

344

Chinese 5% Gold Bonds.

Amer. Radiator

5.

National Aviation

103

1925-47

45

SPOT

Amer, Rolling Mill

101

Nat Dairy Products

13

Chin. 41% Anglo-French

JULY-SEPT.

Amer. S'ting and Ring Co. 341

Nat Distillers

18

Loan, 1908

45

OCT.-DEC.

Amer, Sugar Refining

15

61

Chinese, 5% Crisp Loan..

Amer. Tel, & Tel

1471

157.

1912

18

Anser Tobacco “B”

74

Nat, Power & Light

57

Chinese 5% Reorg. Loan.

Amer. Waterworks

$

National Steel Corp.

1913 dn. IS,)

Anaconda Copper

191

National Supply Corp.

+4

Chinese 8% Ster. Notes,

SPOT

Atchison, T. & S. Fe.

133

New York Central

10

1925 (Vickers)

PAGE 10 HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

NEW YORK STOCK EXCHANGE

QUOTATION

National Gypsum

National Lead

LONDON STOCK-

EXCHANGE

(REUTER'S SERVICE)..

London, May 23. 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.

ורי

co

JUNE

& CO.

PAYNE &

COMMODITY BROKERS . » STOCK EXCHANGE BUILDING

HONGKONG

COMMODITY MARKET REVIEW

(FROM PAYNE & CO.}

SATURDAY, MAY 25, 1940.

BANKS

HONGKONG & SHANGHAI THE CHARTERED-BANK OP

BANKING CORPORATION

Authorised Capital $50,000,000

INDIA, AUSTRALIA AND CHINA

.

Issued & Fully Faid-Up 850,000,000 Incorporated by Royal Charter, 1855

Reserve Funds:

Paid-Up_Capital £6,500,000 Reserve Fund

Sterling

...£3,000,000

Reserve Liability of

H.K. Currency Reserve $10,000,000 Beserve Liability of Pro-

£3,000,000

Proprietor. ...$20,000,000

prietori

£3,000,000

HEAD GYFICE: LONDON':

Head Office:-HONG KONG

Board of Directors: H. V. Wilkinson, Esq.,

Chairman. Hod. Mr. J. J. Paterson,

Deputy Chairman.

J. K. Bousfeld. Eq A. E. Compton, Esq., Hon. Mr. S. H. Dodwell,

Hon. Mr. A L Shield, Sir Vandeleur M. Grayburn.

Chief Manager,

39, Bishopsgate E.C1 Sup-Agencies In London: 117/122, Leadenhall Street, E. O., West End Branch: 14/18, Cockapur Street, B.W.L Manchester Branch:" 52. Mosley Street, Manchester, 2

AGENCIES AND BRANCHES:

ALOE STAR AMRITBAR

ΜΠΟΤΟΣ BATAVIA -

BOMBAY

CALOUTTA

AGENCIES

CLAVE STEERT FAIRLIK PLACE

OLXTON

KLANG

KOOL

KUALA

PENANG

MANGOON

BALOCH

Previous May 23 Closing Opening Closing Change

Buyers Buyers

36-1/4 36-1/4 38-5/8 35 cts.

35-1/8 35-3/4 33-1/2 33-1/2 34 cts.

up 3/8

up 3/4

G. Miskin, Esq.,

K. S. Morrison, Esq.,

up 1/2

T. E. Pearce, Esq.,

The market was quiet but steady. LONDON. RUBBER

C. C. Roberta, Esq.

HARBIN HONG MONG ILOILO IPOH KARACHI

KEREMBAN

BILANGHAI

Previous close Today's close

BINGAPORE

buyers

buyers

Change

SITIAWAN--

11-9/16

11-1/2

of 1/16

SOURABATA

11-9/16

11-7/18

Off 1/8

LUMPUR

TAIPING -

Branches:

Auburn Motors

Niagara Hudson Fower

31

Chin. Imperial Rly 5%

JULY-SEPT.

11-9/16

11-7/16

CAWNPOR

KUCHING

TIENTHIN

off 1/8

Aviation Corp.

6.

N. American Aviation

171

Loan

60

OCT.-DEC.

11-3/8

11-1/3

off 1/4

Amoy

Johore

Bacock & Wilcox

191

North American Co.

164

Honan Rly, 5%

12

JAN.-MARCH

11-5/18

Bangkok

Kobe

Rangoon Saigon

MEDI

MADRAS

TONGKAR

COLOMEO

MARYLA

(Bhuket)

10-13/16

off 1/2

Batavia

Kowloon

San

DELHI

MRDAN

TSINGTAO

Baldwin Lecometive

13

Northern Pacine

Hukuang Rly. 5%, 1911...

16

Baltimore & Ohio

31

Owens-Illinois Glass Co.

47

Bukuang Rly. 5%. 1913

Barber Asphalt Co.

94

Pacific Gas & Elec

261

German Issue)

-13

Barnsdall Ol

74

Pacific Lighting

36

Lung Tsing & U. Ha

Bell Aircraft Corp.

172

Packard Motors

24

Rly. 5% 1913

11

Bendix AvIALION

371

Pan-American Airways

127

S'hai-N'King Rly. 5% ...

17

Bethlehem Steel

86;

Paramount Pictures

4}

Bliss & Co. ......

14#

Pennsylvania R.E.

161

Boeing Airplane Co.

161

Phelps-Dodge

261:

Borg-Warner .....

14

Philadelphia Read, Coal

"Bridgeport Brass Corp.

Phillips Petroleum

281

Briggs Mig.

14

Pittsburg Coke

Iron

51

Brooklyn-M'hattan Traps:

181

Public Service of NJ.

331

Tientsin-Pukow, Rly. 5%

(Brit. Stpd.) ..... Tentsin-Pukow Rly, 5% (German Stpd.) ......... Tientsin-Pukow Rly. 5% (Brit. Stpd. Supl. Loan) Tientsin-Pukow Rly. 5%

9

Brooklyn-Manhattan $6....

104"

Pullman Inc.

172

(Ger. Stpd. Supl. Loan)

Budd Mfacturing Corp.

31

Pure Ou

情

Jap. 5% ater, Loan, 1907 39

Canadian Paolfe R'way.

28

Radio Corpo; of Am. ....

41

Jap. 6% Ster. Loan, 1924

43

Casc, J.I

40

Reading Company. Com

104

Ger, 7% Intl. Loan. 1924

Celanese

211

Remington Arms Co., Inc.

31

Chartered Bank

82

Chesapeake & Ohio

33

Republic Aviation Corp,

HK. & S'hal Bank (Ldn.

Chrysler Corpn.

681

Republic Steel

147

Reg.)

82

Climax-Molybdenum Co.

26

Revere Cop. & Brass Inc.

B1

H.K. & S'hai Bark (Col.

Colts Patent Fire-Arms

71

Reynold Tobac. "B"

36

Reg)

821

Columbia Cas & Elec..

41.

Richfeld O0.

61

Chinese Eng. & Mining

Columbia 6% "A" pf.

701

Safeway Stores

364

(bearer)

18/6

New York Cotton, July New York Rubber, July- Chicago Wheat, Sept.

Commercial, Credit Co.

Com, & Southern (Ord.)

30

Schenley Distillers

21

Chosen Corporation

8/0

Chicago Com, Sept.

13/18 Sears Roebuck

63

Pekin Syndicate

2

New York Hides, June

Consolidated Edison

242.

Shell Union o

.8

S'hal Elec. Constr. Co.

15

Consolidated Oil

6

Socony-Vacunum Oil

8

S'hal Waterworks “A” ...

15

NEW YORK COTTON

Continental Can

3411

Southern Pacific

74

Union Insurance

28

Continental „011 ......

19:

Southern Rly $5 pfd.

141

Gula Kalumpang Rubber

17/6

July

Copperweld Steal

17

Sperry

36

Allled 'Ironfounders

12/6

July (New contract)

born Products

46

Spicer Manufacturing Co. 221

Asso. Elec,' Industries

37/9

Gartlis Wright (C)

81

Standard Brands

51

Austin Motors, ord. ......

14/41

October {

December (

}

Curtiss Wright "A"

2:21

Stand Gas & Elec,

IN

Cable & Wireless, New

January

>

1

Decre & Co.

143

Standard' Oll of California

191-

Form, ord.

.49

March

(

M

>

Distillers. Corpn. Seagrams

127

Standard Oll of N.3.

324

B.-A, Tab, (bearer)

95/7

May

{

"")

Douglas Aircraft

791

Stone & Webster

51

Mercantile Bank

121

Spot

Du Pont de Nemours

154

Studebaker Com

By.

Cammell Laird, ord. ......

5/8

Eagle Picher Lead

"

Swift International

181

Mexican Eagle

3/105

Eaton Mfg. Co......

Elec. Autolite

24

Technicolor

97

Courtaulds

30/7)

NEW YORK RUBBER

281

Texas Corpo.

34

Distillers.

61

Elec. Bond & Share

4

Texes Gulf Sulphur

273

Dunlop Rubber

32/3

May

Elec, Bond & Share $5, pf.—454

Timken-Axle

191

Gen. Electric (England)

76/3

July

Elec Bond & Share 35 pt. 55

Trans-America Co.

#

Guinness (A) Bon & Co.

71

September

Elec. Power & Light $7 pt.

19

20th Cent. Fox.

5+

Hawker Siddeley Airc.....

10/11

December

Fisk Rubber....

-10*

20th Cent. Fox, $it pl......

141

Bristol Aeroplane

11/6

January

Flintkote

11

Union Bag & Paper Corp.

93.

Imperial Chemical Ind.

23/6

Total. sales: -2,180 tona.

Ged American Trans.

374

Union Carbide & Carbon

641

Imperial Tobacco

100

Gen: Electric

29

Union Pacifc

73-

Marks & Spicer "A" ord.

38/8

CHICAGO WHEAT

Gen: Motors

381

United Aircraft

411

Rolls Royce

81/10/

Gen. Rallway Bignal

10

United Airlines Trans

131

Leyland Motors

57/6

December

Gen Tire & Rubber

101

United Corpn.

Tate Lyle

50/104

July

Glidden Co.

Goodrich (B.F.)

11..

United Corpn. $3 cum pr. 231

Turner & Newall.........

63/14

September

101

United Gas Corpn.

United Steel .....

20/3

Goodrich $5 pl. ...

46,

United Gas Improvement

101

Smethwick Drop Forg, ...

13/0

Goodyear Tire & Co.

121

US.. Industrual Alcohol.

15

Armstrong Stevens, ord.

8/6

CHICAGO COEN

Great Northern Iron Ore

121"

U.S. Rubber

157

Fressed Steel, 'com.

13/0

Great Northern Rly, pfd.

174

US. Rubber $8 pfd.

731

Vickers, ord.

14/101

December

Great Western Sugar

201

US. Steel

44

Woolworths.

55

July

Greyhound Corpn.

101

Vanadium

26}

Anglo-Datch

Hercules Powder Co.

761

Vultee Aircraft

B

Rub, Plant. Invest. Trust

19/3 1. 25/7 :

September

Homestake Mining

42

Walworth Co.

31

Burma Corporation

7/9

WINNIPEG WHEAT

International Harvester

381

Warner Bros. Pict.

Commonwealth

Mining

May

Int Nickel...

21

Westinghouse Elec.

334

Inter. Paper & Power Int. Tel. & Tel

Johns-Manville

114

Woodward. Iroh Cot.

167

Marsman. Investments Randfontein Estates....

11/3 38/11

July

October

21..

40

Chase National Bank National City Bank

Western Holding..........

10

Sub-Nigel

187/0

NEW YORK HIDES

Tanami Gold Mining

414

Anglo-Iranian

48/9

June

-bid.

Iex div.

Burmush

62/6

September

1039/40

DOW JONES AVERAGE

High Low Dow Jones Averages. 156.92 114 13 30 Industriale

26.90' 22 15 20 Balls

20

29 22 83 21 40 Bonds

Change-Nominal

.04 off

May 24, 1940 May. 20, High Low Close 114.70 117.84 112.78 14.71 22.2123.84 22.35 2269 1881

19.03 18.83 18.42 83.10 83.38

51.38 Business Done -1,040,000 shares

06 67 46 59.11 Commodity Index 51.73

Ebell Trans. & Tr

(bearer)

December

61/101

New York Official

NY-London Cross Rate 3.23-1/2

27.70 19:34

ད ན ་ ད། མ །|

Utilition

SILVER MARKET

LONDON SILVER "

London, May 23 (Reuter).

Bulver. Little speculative cover-

Small, offerings. -ing.

Business

small. Market quiet. In the

37 up .09 of .18 of

.38 of

LONDON METALS

EXCHANGE

CHICAGO WHEÄT: Aproaching hedging on the new crop and daily changes of war news are pending towards caution on the part of buyers.

NEW YORK STOCKS: · Previous close. 114.75; Today's close, 114.71; Change, of .04.

INDO-CHINA

STEAM NAVIGATION COMPANY LTD.

Operating Services for Cargo and Passengers

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

London, May 23 (Reuter).

TO-

TIN

buyera £

sellers'

£.

afternoon, the market, after very Standard, Gash 289-1/2 200-3/4 small business at 1/8 under the Standard,

rate, closed easy, with further small offerings at the lower rate.

Bpot, 21-13/104.

Forward, 21-5/8d..

BOMBAY SILVER

Bombay, May 23 (Router). Market-Quietly steady. Offtake

15 bara

Indian Mint Silver

Ready June 3 Bettlement July 2 Settlement

62-05

***... 82-04

62-08

-3 months 267-1/4′′ 267-1/2 - Standard,

Bet'ment Price 289-1/2 .. Market:-Barely steady,

289-3/4

Straits

BROKERS LOANS

New York, May 23 (Reuter). Loan on securities. to brokers in New York:-

Week-ended

1

Bad 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.

For further particulars

please apply to--

JARDINE MATHESON&Co.,LTD. $495,000,000 $459,000,000 $403,600,000 TELEPHONE SOJIL GENERAL MANAGERS

Week-ended Week-ended

18/5/39 16/6/40 -23/5/20

Haiphong (Johor) Tientsin

Mukden Tokyo

New York Tsingtao

Peiping Yokohama Penang

•

HANKOW

PRIPIXO

(Peking)

FOREIGN EXCbanor and General Banking Business transacted.

CURRENT A000mWTMs opened and FIXED DEP08its received for One Year or shorter periods in Local or Other Currencies at ruten which will be quoted on application,

SAVINGS ACCOUNT also opened in Local Currency and Sterling with interest allowed ar ratesçobtainable». on application.

COBBENT ACCOUNTS opened in LOCAL CURRENCY and FIXED DEPOSIT received for one year or shorter

The Bank's Head Office in London, periods in Local and other Our- rencies On

terms which will be undertakes Executor and Trustee

business, and claims recovery of -* quoted on application.

British Income Tax overpaid, on terms which may be ascertained at.. any of the Agencies and Branches.

R. A. OAMIDGE,

Manager.

Also up to date Bar DEPOSIT Roxes in various sizes To Lar Hong Kong. 28th February, 1940.

HONGKONG SAVINGS

BANK

The Business of the above Bank

THE CHASE BANK

conducted by the HONGKONG 15, QUEEN'S ROAD, CENTRAL

& SHANGHAI BANKING COR. PORATION. Rules may be obtain- ed on application.

For the Hongkong & ShanGĦAL-

BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong. 28th Feb., 1939.

BANK OF EAST ASIA, LIMITED

Authorised Capital......$10,000,000.00 Paid-up Capital ...... 6,598,800.00 Reserve and Undivided

"Profits......

2,983,251.50

Head Office:-HONG" KONG, No. 10 Des Voeur Road, Central.

Board of Directors:› "Sia SHOVSDN Cnow, Chairman Li Koon Chen, Esq. Li Lan Sang. Eaq..

Wong Chu Son, Baq. P. K. Kwok Esq. Wong Yun Tong, Esq. Kan fing Fo, kao. Chan Ching Sick, Esq. Fung Ping Wah Eng “KAN TONÒ Po, Esq., Chief Manager

L1 TBE Foxo, Esq., Manager

Branches and Agencies?"

Salgus Budow + Melbourn dan Fran. Mydne Nagsation

of stain New York Beattie V ones

Parla

Bemarang

Shanghai

Every description of Banking and Exchange business transicted. Loans granted on approved securities.

Current Accounts opened in Local Currency and Fixed Deposita re ceived for ose year or shorter periods in Local and Foreign Cur ropcies on terms which will be quoted on application

SAFE CEPOSIT Boxes To LET.

KAN TONG PO,

Chief Manager.

THE KWANGTUNG PROVINCIAL

BANK

KIncorporated in Chica)

Buneral Banking Facilities and Financial Agusta tó The Provincial Government of Kwangtang Read Office-Skickass, Kwangtang Previnom Googkong Breach –Queen's Bldg.,Chater Bd. Cable Addresser--"PROVINCIĀL“"4:09, 240, ` Telephones:

20112, 20113, 20143, 20181, 3168L.” BRANCHES THROUGHOUT

SOUTH CHINA " Components in New York ung. Landan Paid Up Capital N$10,000,000 Beserve Capital

N$10,500,000

AUYANG MNLY,

Hongkung Manager.

Ajob?

WANT ADS

15

18, PINE STASET,

NEW YORK. An American Bank offering com

plete Foreign Banking Services in the principal Markets of the world. Interest Rates on Application. SAFE DEPOSIT BOXES

This Bank is entirely owned by

THI

CHASE

NATIONAL BAYx, NEW YORK, with Resources of eva. U.8.$9,000,000,000.

D. M. BIOGAR,

Second Flea Pril

BANK OF CHINA

Specially Chartered by ... THE NATIONAL GOVERNMENT OF CHINA AS AN ́INTERNATIONAL EXCHANGE

BANK

PAID-UP CAPITAL $40,000,000.88 (BRANCHES ALL OVER ORINA) 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 Exchange.

Head Office:-SHANGHAI Hong Kong Branch: 4, QUEEN'S. ROAD, C.

·South China Offices: "

OANTON" SWATOW SHIUCHOW

KONGMOON TOISHAN

KINGCHOW”

We also handle the issue of Bonds and other Public Funds of " the Chinese. Government both at Home land Abroad.

SHOU J. CHEN,

Manager.

THE MERCANTILE BANK OF INDIA, LIMITED

Head Office-15, Gracechurch Street,

" London, EC3. anthorised Capital

£5.000.000 Sabelled Capital

1,300,000 Faid-up Capli

erra Fund and Rest,...

BANKERS:

The Bank of England and Midland

Bank, Ltd... BRANCHES:

Bangkok.

Ipoh

Bombay

Jains

Caloutin

Kuantan

Colombo

Kandy

Delhi,

Karachi

Aut

Kata Bhara

Hongkong

Howrah

Kamin Lipis

Kasia Trenggen Made

New York

Bangoos

Shapphal

Bira

Kaala, Lámpar Singapore

HONG KONG BRANCH: Every description of Banking and Exchange Exuins pastoď,

TRUSTET. AND EXECUTORSHIP

·UNDERTAKEN

UUELENT LOCOUNTS opeanI in Local Char- Jendy and FIXED DEPOSITS roostved in Lossl Currency" ASTERLING on terms that may be sacertained qu epy lantion.

D. BENSON,

Mäonger,

After quling quiet, the market eased on small outside liquidation and closed uncertain,

Bombay

.Kuala

Francisco HAIPHONG

NEW YORK

YOKOHAMA

Calcutta

Lumpur

Shanghai

BAMBURG

NEW YORK COTTON: Moderate increase in Trade interest helped further steadiness. The general »situation is little changed.

NEW YORK BUBBER: There was some short-covering on the uncertainty regarding the D.EI. situation.

Canton

London

Singapore

Chefoo

Lyons

Sourabaya

Colombo

Malacca

Sungei

Dairen

Manila

Foccbow

Murr

Patani Swatow

Bankow

Harbia

Iloilo Ipoh

NEW YORK COMMODITY MARKET

(REUTER'S SERVICE)

Close Change High Low Close

Prev. Today's 9,32 9,10 '216 9.17 01 up 19.40 .18.50 19.04 18.65 .39 off

84) 82 23 #24 611 61 617 611 9.06 9.25 9.75 9.50 .25 off

1.off

+of

Close

9.15/18

9.35/36

Closing Opening

9.24/24 9.27/17 9.44b/48a. 9.40/40

Change

HEAD OFFICE;

,01 up

.04 up

6.67/67

8.76/77

8.62/62

-.05 of

****** 8.56/58

8.66/67

8.51/51

05 off

8.49 N

8.61a

8.44 N

05 off

8.30/30

8.38/40

8.29/30

.01 01

8.16/18

8.27/27

8.17/17

.01 up

9.96 N

9.99 N

.03 up

Total sales Wednesday: 21,000 bales.

20.106/15a

19.85 N

.45 off

19.04/08

19.15/15 17.60/55 17.70/70

"18,65/65

39 off

17.61/61

.01 up

17.05b

17.15/11

17.05/05

16.95b

17.02/01

18.95/95

knch. unch.

831/83

834/83

833/84

84/84

831/831 821/821 823/821

off off

Wednesday's sales:-18.609,000 bushels,

50+/591

ADDY

Kotloos

Louion

Prinz

Rangoon

Singapore

621/621 621/622 613/610

611/81%

62/62 61/611

1. of

Bombay

Manfa

off.

Galottta

Balphoog

Haskow

ionimin

Cobe

Prin

719/711

71/71

7274

·7478

7/21/73

711/72 7416

off сп

>

9.75/75

9.75/86

0.50/50

9.90/92

10.10/05

10.08/06

10.35/38

25 017 9.60/60

.30 of 9.90b/10.05a 18 off

35

35-1/8

3.17.