MAY 10, 1949. STOCKS
Last Sale
MAY 30,1540. STOCKS
May 29
Adams Exp"SES
42
Kennecott Copper......
Alleghany Steel Co.
181
Lakey Foundry & Mac.
Last Sale May 29
2711 1.3
-Allied..Stores
St.
Libbey-Owens-Ford Glass 331
Allis Chalmers
244
Lockheed Aircraft
£
291
Aluminium Ltd,
554
Loew's Inc.
22
Amer. Can'
904
Loft Incorperated
181
War Loan, 34%
after 1952)
(Red
991
American Oyanarald M.
301
Mack Truck me.
20
Canton-Koon Rty. 3%
9
Amer. & Foreign. Power
11
Martin, Glen L.
33
Chinese 41% Gold Loan
New York, May 30, 1940,
Amer & Foreign $7 pt.
241
McKesson & Robbins, pf4.
184
1898 (Brit. Issue)·.......
American Gag & Mec.
27+
Monsanto Chemical
907
Chinese 5% Gold Bends.
SINGAPORE RUBBER
Amer. Locomotive
113
Montgomery Ward
362
1925-47
45
Amer. Metals Co.
13
National Aviation
103
Chin 41% Anglo-French
SPOT
JULY-SEPT.
Amer. Radiator .....
St
Nat Dairy Products
102
Loan, 1908
Amer. Rolling Mill
101
Nat. Distillers...
19
Chmese 5% Crisp Loan.
OCT.-DEC.
Amer. 8'ting and Ritog Go.
85
1912
17
National Gypsum
6
Amer, Sugar Rafthing.
14
National Lead
131
Chinese 5% Reorg. Loan,
Amer. Tel, &.Tel.
148
Nat, Power & Light
6.
1913 (Ldn. Is.)
26
Amer. Tobacco "B"
73+
Chinese 8% Ster. Noter,
National Steel Corp.
501
SPOT
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SIEVICH)
....
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
London: May 30. 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,
45
45
PAYNE
& CO.
COMMODITY BROKERS
STOCK EXCHANGE BUILDING HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
נו
SATURDAY, JUNE 1, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital.............. $80,000,000
INDIA, AUSTRALIA
AND CHINA
Issued & Fully Paid-Up $30,000,000 Incorporated by Royal Chorier, 1850
Reserve Funds:
Paid-Up Capital Sterling......... £6,500,000 Reserve Fund H.K. Currency Reserve $10,000,000 Reserve Liability of Pro Beserve Liability of
Proprietors
$90,000,000
Head Office:-HONG KONG
Board of Directors: H. F. Wilkinson, Esq.,
Chairman. Hon. Mr. J. J. Paterson,
Deputy Chairman,
י ויי
J. K. Bousfeld, Esq., A. H. Compton, Esq., Hon. Mr. §. E. Dodwell, -
prietors
...£3,000,000 £3,000,000
£3,000,000
HEAD OFFICE: LONDON:
38, Bishopsgate E.C.R.
Sub-Aganoles In Lendon: 117/122, Leadenhall Street, E.Da West End Branch: 14/16, Cockspur Street, S.W.L Manchester Brinch;
52, Mosley Street, Manchester, &
"AGENCIES AND BEANCHES:
FERANG
PARRIN HONG KONG KANGOON ILOILO IPON KARACHI
ALOE STAR AMBITRAB BANGKOK BATAVIA
BOYBAY
CALONTA
KLANG
AGENCIES: KONU
Previous May 30
Closing Opening Closing Change
Buyers Buyers
36-3/4 38-3/4 36-7/8 35-5/8 35-3/8 35-3/4 34-1/8 34-1/8 34-1/2
up, 1/8
up 1/8 up 3/8
6. Miskin, Esq
K. 8. Morrison, Esq.,
The market was steady but qalet. LONDON RUBBER
T. E. Pearce, Esq.,
BAIGON
C. C. Roberts, Esq.,
SIRIMBAY
Previous close Today's close
Hon. Mr. A,” L Shield»,
SHANGHAI
buyers
buyers
11-5/8
11-3/4
Amer, Waterworks
-87-
1925 (Vickers) •
8
National Supply. Corp.
5
JUNE pl
11-5/8
11-11/18
Change up 1/8 up 1/18
SINGAPORN
Sir Vandeleur M. Grayburn,
Anaconda Copper
214
New York Central
101-
Chin. Imperial Rly. 5%
JULY-SEPT.
11-9/18
11-5/8
up 1/16
Atchison, T. & S. Fe
141
Niagara Hudson Power
4
Loan
58
OCT-DEC.
11-3718
11-3/16
unch..
Aviation Corp.
51
N. American Aviation
171
Honan Rly, 5%
12
JAN.-MARCH
10-15/16.
10-15/16
unch.
Bacock & Wilcox
12
North American Co.
*181
Hukuang Rly. 5%. 1911... 14
The market was steady.
Baldwin Lecometive
131
Northern Pacific
5
Bukuang Rly. 5%, 1911
Baltkuore & Ohio"
11
Owens-linols Glass Co.
44
German Issue)
All American markets remained closed on May 30, Memorial Day,
Barber Asphalt Oo.
91
Lung Tsing & U. Hai
Pactic Gas & Elec
267
Barnsdall Ou
E
Pacific Lighting
37.
Aly. 5% 1913
.11
8′bal-N'King Rly. 6%...
15
Bell Aircraft Corp.
171
Packard Motors
21
Bendix Aviation
271
Pan-American Airways
14
Bethlehem Steel
693
Tientsin-Pukow Rly. 5%
(Brit. Stpd.)
MONEY
AND
B
Paramount Pictures
41
Tientsin-Pukow Fly 5%
Bliss & Co.
142
Persylvania R.R.
Boeing Airplane Co.
151
Phelps-Dodge.
282
(German Stpd.) ....................
9
Borg-Warner
157
Philadelphia Read, Coal
4.
Bridgeport Brass Corp.
91.
Phillips, Petroleum
291
Tientsin-Pukow Rly. 5% (Brit Stpd. Supl. Loin) Tientsin-Pukow Rly. 5%
MAY 31, 1940.
9
In London:-
Briggs Mfg.
15.
Pittsburg Coke & Iron
5*
Brooklyn-M'hattar
Trans.
191
Public Service of NJ, ...-g
331:
Brooklyn-Manhattan $8.
104.
Pullman Inc. ...
181
(Ger. Stpd. Supl Loan) Jap. 5% Ster. Loan, 1907 Jap. 6% Bter. Loan, 1924' 42}
38
On Shanghai:
Budd Mracturing Corp.
34
Pure O...
"72
Ger, 7% Inti. Lean, 1924
51
Canadian Paolo R'way
21
Radio Corpn. of Am.
4.
250
Chartered Bank
On Singapore:-
Case, JI
$4
Reading Company,
Com
101
H.K. & Shai Bank (Idn.
On demand
23
Celanese
Remington Arms Co., Inc.
Reg.)
B0
On Japan:-
Chesapeake & Ohio
321
Republic Aviation Corp. ...
11
HK, & Shai Bank (Col.
Chrysler Corpn.
59
Republic Steel
151
Reg)
81
Climax-Molybdenum Co.
301
Revere Cop. & Brass Inc.
91
Chinese Eng. & Mining
Colts Patent Fire-ArmS
581"
Reynold, Tobac. "B"
347
(bearer)
1816
and demand
Columbla Gas & Mec.
41
Richield Ou
61
Chosen Corporation.
8/8
Columbia 8% “A” pl. .............
704
Safeway Stores
371-
Pekin Syndicate
2
Commercial Credit Co.
32
Schenley Distillers
82"
Bhai Elec, Constr. Co....
15
Com, & Southern (Ord.)
15/16
Sears Roebuck
641
S'hal Waterworks "A"
15
Consolidated Esson
251
Shell Union od
Bi
Union Insurance
28
Consolidated Oil
8
Socony-Vacunum Onl
71
Gula Kalumpong Rubber 18/101
Continental Can
351
Southern Pacific
77.
Allied Ironfounders
12
Continental Oll
181
Southern Rly 35 ptd. -
153
Asso. & Elec, Industries
36/9
Corn Products
Copperweld. Steel
Curtiss Wright (C.)
17
Sperry
381
Austin Motors, òrd.
451
11/101
In Saigon:-
B
Smeer Manufacturing Co. 25 Standard Brands
Cable & Wireless, New
On demand
51
Form, ord.
45
Jn Manila
Curtis Wright "A"
Deere & Co.
24/
Stand Gas & Elec. d
1.
B. A. Tob, (bearer)
.86/3
On demand
108 3'4
39 1/6
151
Standard.OH of California
171
Mercantile Bank
121
On Bangkok:-
Distillers Corpn. Seagrams
13
Standard Ou of N.J...
304
Cammell Laird, ord.
5/14
Douglas "Aircraft
76
Stone & Webster
Mexican Eagle
3
Du Pont de Nemours
154
Studebaker Com
63
Courtaulds
26/6
Bank Buying Rate ...1/4
Eagle Picher Lead
BA
Swin International
171
Distillers
56
Bár Süver per oz..
21 7/3
Eaton Mfg. Co.
261
Technicolor
101
Dunlop Rubber
29/10)
Elec. Autolite
28
Texas Corph.
34
Gen Electric (England)
75/3
Rec. Bond & Share
41
Texes Gulf Sulphur
2011
Guinness (A) Bon & Co.
83/9
Mec. Bond & Share $5 pf.
50%
Timken-Axle
191
Hawker Siddeley Airc. ...
9
Elec Bond & Share $6 pt.
591
Trans-America Co.
41
Elec. Power & Light 57 pf.
23
20th Cent. Fcx.
51
Fisk Rubber
101
20th Cent. Fox. $14 pf.
141
Bristol Aeroplane ........ Imperial Chemical Ind. 26/101 Imperial Tobacco
10/6
26/3
Flintkote
111
Union Bag & Paper Corp.
104
Gen. Americas Trans.
372
Union Carbide & Carbon
83
Marks & Sp'cer "A" ord. 35/6 Rolls Royce
77/6
Gen. Electric
207
Union Pacific
761
Leyland Motors
Gren. MotorB
40
United Alrealt
421
Tate Lyle
55
50
Gen. Railway Signal
11
United Airlines Trana"......
141
Turner & Newall,
58/71
Gen. Tire & Rubber
111
United Corpn.
United Steel
19
Glidden Co.
121
United Corpn. $3 cum pt. 301
Smethwick Drop Forg....
131
Goodrich (B.F.)
11
United Gas Corpn.
1
Armstrong Etevens, ord.
8+
Goodrich $5 pi.
454*
United Gas Improvement
104
Pressed Steel, com.
12/9
The London-New York cross- rate was quoted at 402.1/2.
Goodyear Tire & Co.
141
US.. Industrual Alcohol
16
Vickers, ord.
12/6
MARKET
Great Northern Iron Ore
131
U.S. Rubber
18
Woolworths „...
51/3
Great Northern Rly, ptd.
18+
US. Rubber s8 prd.
72
Anglo-Dutch
13/8
Great Western Sugar
214
U.S. Steel
457
Rub, Flant. Invest. Trust
24/4)
Greyhound Corpa.
10
Vanadium
293
Burina Corporation
77/3
Herculea Powder Co.
80
Vuites Aircraft
Commonwealth Mining
Homestake, Miring
414
Walworth Co.
31
Marsman Investments
10
International Harvester
387
Warner Bros. Pict.
21
Randfontein Estates.......
35/6
U. 8. DOLLARS
Int Nickel
2012
Westinghouse Elec
861
Western Holdings innan,
8/0
Inter. Paper & Power
112
Woodward Iron Ckz......
194
Sub-Migel ................
175
int, Tel & Tel
21
Chase National Bank
261*
Tanami Gold Mining
414
Johns-Manville
50
National City Bank
221"
Anglo-Iranian40/3
J. & Laughlin Steel .pid 50
Burman
59/41
Shell Trans & Trad
*---bid...
1 div.
DOW JONES AVERAGE
(bearer) ⚫-Nominál
58/9
1930/40
May 30, 1940,
-ex-dividend
High Low Dow Jones Averagos, May, 18, High Low Close
Change
155.92 11394 30. Industrials
1038
116.88 114.08 176.24
.98.up
25.90 218 20" Harla
72.13
17.70 18.25 90 Utilities
18 31
92 22 8308 40. Bonds
83.06
65.67 45.59 11 Commodity Index 62.34
28 up.
87 up
SILVER MARKET
LONDON SILVER
23.38 23.08 £3.2240 mp
1901 18.49 18.80 49 up
83.34 62.51
Business Done-680,000 shares..
LONDON STOCK EXCHANGE LONDON, May 31. (Reuter)-In"
London, May 30 (Reuter), Silver-India was small seller. Some speculative buying on fall the Stock Exchange yesterday gult
of price. Business small. Market quiet. In the afternoon, the mar ket was quietly steady...
Spot, 21-7/80. Forward, 21-3/8d.
BOMBAY SILVER Bombay, May 30 (Reuter). Market-Quiet but steady. On- take 300 bars.
Indian Mint Silver Rendy July 2 Settlement
62-05. 12-02-07 82-11
*July 30. Settlewent
LONDON GOLD-
London, May 30 (Reuter). Bar Gold. Fine peroz, 168--
edged securities improved but other groups eased on Sir Kings- ley Wood's House of Commons speech on Wednesday, indicating possible further increase taxation. Katrs were depressed by Cape offerings and Wall Street was closed
LONDON METALS
EXCHANGE London, May 30 (Reuter).
TIN
buyers Bellers
2
£ Standard Cash 273-1/2 273-3/4 Standard,
3 months 271-1/4 - 271-1/2
Quiet,
STERLING
There were sellers, at 1/2.31/32 up to September, buyers at 1/3 for any delivery.—--
A small business was reported
0/3-83/64 0/3-63/84
$5-17/32
Silver Duty: Rate
The Central Bank of China's rate on London at 10 a.m. today was 1/2-1/21
The Equalisation rate was 15 per cent.
at 20 for Cash and 19.15/16 for India Rupee Paper
the first half of June, There were probable sellers at 19.15/16 for Cash" and 19.7/8 June, buyers at 20 for Cash and probably 10.15/16 for June.
Bombay, May 30 (Reuter). Govt. 34% Rapee, 88-10-0,
Calcutta Exchange
Calcutta, May 30 (Reuter).) T.T. on Japan, 99-5/8.
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Passengers
TO--
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBR 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. TELEPHONE SOJID GENERAL MANAGERS:
Board of Directors:
SIR SHOTSON CHow, Chairman Li Koon Chan, Esq. Li Lao Sang, Baq. P. K. Kwok, Esq...
Wong Chu Son, Esq. Wong Tan Tong, Esq. Kan Ying Po, Rag, Chan Ching Shot, Esq. Fung Ping Wah Esq KAN TONG PO, Esq., Chief Manager LI Tax FONG, Esq., Manager
Branches' and "Agencies:^~
Koloon Penang
Halbourne
Bingapore
Bangom Bourabaya
Ɛwskow Saigon
Ban Fran. bydiny
alace Tientala Beattle
DUTER
Zhanghai
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AB AN INTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL $40,000,000.66 (BRANCHES ALL OYTE 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 -Exchange.
Head Office:-SHANGHAI Hong Kong Branch:
4, "QUEEN'S ROAD, C. South China Oficers
CANTON
Current Accounts opened in Local Currency and Fixed Deposits ze ceived for one year or "horter periods in Local and Foreign Cur-
terms which will be BWATOW -rencies on quoted on application.
SAFE DEPOSIT BOXES TO LET
KAN TONG PO,
Chief Manager.
THE KWANGTUNG PROVINCIAL
BANK
-(Incorporated in China);"
General Banking Facilitics and Financial Ageuta to Tom Provincial Government of Kwangtung Head Office-Shinkwan, Kwangtüng Provins Hongkong Branch-nom's Bide.. Chater Rd, Osčiu Adórusper PROVINCIAZT 2839, 9442.
Telephones:
20112, 20113, 20143, 20181, 81681. BRANCHES THROUGHOUT
* SOUTH CHINA Correspondents in New York and London
Pald Up Capital N$10,000,000 Reserve Capital ... N$10,500,000.
AUYANG MANLY
Hongkong Manager.
A job?
WANT ADS
KONGMOON TOIBHAN
KINGGBOW--
8H1UCHOW... I ̈ ̈ ̈ We ̈klib handle the fate of Bond
and other Public Funds of the Chinese Government both at Home and Abroad.
SHOU J. CHEN, TO
Manager.
THE MERCANTILE BANK OF INDIA, LIMITED
Head Omics-15, Gracechurch Street,
Authorised Capital ( Bbscribed. Capital or
Reserve Fund and Best.
BANKERS:
3,000,000 21,254,630
The Bank of England and Midland
Bank, Ltd. BRANCHES:
Bangkok Inch
•·Bombay, I'
Dalenita Oolambra Deli
Galle
Longkong
Howrah
Xxantan
Kandy
Karkabl
Kota Bhar
Kuala Lipia
Kunia Trengatisz,
Naw, York
POZE
Hangoon Bhanghai
fimla
Kusik Lumpur Singapore
HONG KONG BRANCH:
Every description of Banking sod Exchange.
businem tranmoted,
TRUSTEE AND EXECUTORSHIP
UNDERTAKEN
QURRENT, 100OUNTS opiaad · En Local Ciser rency and FIXED DEPOSITS rionival in Lomni |Darrency & UNERLING on terma that may bu
nanertalbed en ayı Hestion::
D. BENSON;
Market Report
FROM ROZA, 'BROS."
Saver prices dropped 1/8 yes- terday for both deliveries, thei quotations being 21.7/3-tor Ready and 21.3/8 for Forward. Silver advices reported India as having sold to a small extent., Speculators'; bought. The market was' steady but quet. The American Silver market was closed yesterday,
India
Paris
Hongkong
London New York
0/3-7/8
Japan
5-1/8. 21-7/8.
21-1/2
EXCHANGE
CLOSING QUOTATIONS
Telegraphic Transfer. 1/2 7/3 Bank Bills, on derriand 1/2 7/8 Credita 4 months' sight 1 3 3/1
On demand
52 3/4
On demand ................................ 82 3/4 Ja India:
Telegraphic Transfer.
On New York:-
*69
+89 1/%
Bank BUL, on demand 19 5/8 Credits, 50 days' sight 20 5/8 On Batavia:-
On demand 38 3/4 On Paris:-
Barik Bills, on demand 1090 Credits 4 months' sight 1150
On demand.......................... 149 1/2 On Sterling Notes:-
morning at 361.1/2, 362 and 363. At 1 p.m. there were sellers at 362, SHANGHAI MARKET
."
Sterling opened with sellers at 4.9/64 and then eased off to 4.1/8. U.S. Dollars opened at 5.17/32. Later advices reported the rate lower at 5.1/2
AFTERNOON MARKET The market was quiet in the afternoon.
STERLING ...
The market closed with sellers.. at 1/2.31/32 up to September, buyers at 1/3 for any delivery.
U.S. DOLLARS
The market closed with sellers at 19.15/16 for Cash and, 19.7/8 June, buyers at 20 for Cash and probably 19.15/16 June.
SHANGHAI DOLLARS Sellers at 364 for 'Spot.
SHANGHAI MARKET Sterling 4.1/8.
Shanghai Exchange.
Shanghai, May 31 (Reuter),
Official T.T. Rates
Opening
Bantow Harbin
Chief Manager. Our är KUALA
CEBU Rangoon Saigon San
HAMBURG Lumpur Bhanghai
Patani Swatow (Johore) Tientsin Mukden Tokyo New York Tsingtao
Yokohama Paiping
Penang
HANKOW
(Peking)
FOREIGN EXCHANGE and General Banking Businem transactad.
CURRENT Accounts opened and FIXED DEPOSITS received for Ope Year or shorter perioda in Local or Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUsts also opened in Local Currency and Sterling with Current · AscouNTS opened in interent allowed at rates obtainable LOCAL CUERENOY and Fix Deportes received for one year or aborter periods in Local and other Cur- rencies on terms which will be undertakes Executor and Trustee business, and claims recovery of quoted on application
H
[on application.
The Bank's Head Office in London
Atso up to date SAT DEPOSIT British Income Tax overpaid, on terms which may be ascertained at Boxes in various sizes To Lat
any of the Agencies and Branches. Hong Kong, 28th February, 1940.
RA. CAMIDGE,
Manager.
HONGKONG SAVINGS
* BANK
The Business of the above Bank
THE CHASE BANK
is conducted by the HONGKONG 15, QUEEN'S ROAD, CENTRAL
& SHANGHAI BANKING COR PORATION. Rules may be obtain-
ed on application.
For the HONGKONG & SHANGHAI BANTING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb. 1939.
BANK OF EAST ASIA, LIMITED
Authorised Capital.....10,000,000.00 Paid-Up Capital ...... 5,598,600,00 Reserve and Undivided
Profits
.2,083,961,50
'HEAD OFFICE:
18, PINE STREET,
NEW YORK. An American.. Bank offering cam- plete Foreign Banking Servios in the principal Markets of the world. Interest Rates on Application.
SAFE DEPOSIT. BOXES
This Bank is entirely owned, by THE CHASE NATIONAL BANK, NEW YOLK, with Resources of erej U.8.$2,900,000,000.
D. M. BIGGAB,
Second Vice Pres
AITIAWAN
BOURABAYA
FAIRMAN PLACE CANTON
LUMÍUE
TAIPING"
Branches:
GAWNIORS.
KUCHING
TIENELIN
Amoy Johore.
MADLAR
Bangkok Kobe
COLOMBO
MANILA
ΤΟΝΟΣΑ
(Bhuket)
Batavia
Kowloon
Bombay
Küsla -
DELEI Francisco HAIPHONG -
MEBAN
TKINGTAO
XIW YORK
YOKOHAMA
Caloutta
PRIPING
Canton
London
Chefoo
Lyone
Singapore Sourabaya
Colombo
Malacos Sungai
Dairen Foochow
Manila
Muar
Haiphong
Iloilo. Ipoh
..
2.84 25-3/4
Head Quice:-HONG KONG No... 10 Des Voeux Road, Central,
*
Sterling -
Sellers
Spot
Opening '0/4-9/84
Closing 0/4-9.64
May
0/4-9/64
June
U.S. Dollars
Spot
$5-9/16
May
..... 6-9/18
June 4-5/18-
Market: Quiet.
5-5/18
Amay
Batavia
London
Bombay
Mazila
Calpita
Esator Romolala
New York Purtr
Lobe
Pupios
Semarang
:
SHANGHAI DOLLARS Business was done early in the
No comments yet.
Private notes are available after approval.