Previous June 8
Un India:-
Closing Opening Closing Change
Buyers Buyers
37-5/8 37-3/4
37-3/4
up 1/8
38-5/8 36-3/4 35-1/4
38-7/8 35-3/8 35-3/8
up 1/8
PAGE 10-HONGKONG DAILY
PRESS
PAYNE & CO.
..'
34
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)"
NEW YORK, June 8, 1940.
SINGAPORE RUBBER
SPOT
JULY-SEPT.
OCT.-DEC.
1/4 קטן
MONEY AND EXCHANGE
CLOSING QUOTATIONS
JUNE 10, 1940.
On London:
Telegraphie Transfer. 1/9 7/9 Bank Bills, en demand 1/2 7/8 Credits 4 months' sight 1/3 3/1
On Shangha
On demand
On Singapore:-
On demand
On Japan:-
On demand.....
Telegraphic Transfer 82 1/2
and demand .....
On New York:-
Bank Buils, on demand 22 3/4 Credits, 60 days' 'aight 94 1/8
On Batavia-
FINANCE
NEW YORK STOCK EXCHANGE
Amer. Radiator
QUOTATION
(REUTER'S SERVIⱭM
JUNE 9, 1940
STOOKS
Kennecote Copper Laxey Foundry & Mac. Libbey-Owens Ford
STOCKS
Last Safe June 8
Last Sale
June B
Adams, Express
C
5
261
386
Alleghany Steel Do Allied Stores
187..
31*
5t
Glass
313.
Allis Chalmers
251
Lockheed Aircraft
29
52 3/4
Aluminium Ltd, ............
56
Loew's Inc. ................
24*
Reserve Liability of
Amer. Can
90*
Loft Incorperated
17
Proprietor
.$90,000,000
Do
American Cyanamid B.
31
Mack Truck Inc.
191
Amer. & Foreign Power
11
Martin: Glen L...
312
Head Office:-HONG KONG
Amer
& Foreign $7 pf..
121*
McKesson & Robbins, pis. 173"
American Gas & Elec. ................
24
Monsanto Chemical
89
Amer, Locomotive
111
Montgomery Ward
-34
!!
Amer. Metals Co.
14.
|National. Aviation
104
5
Nat, Dairy Products
12+
Amer. Rolling Mil
102
Nat, Distillers
171
The market was steady but quiet.
On demand
42 1/3
Amer. E'ting and Ring Co.
354
National Gypsum
57.
On Party:-m
LONDON RUBBER
SPOT
Previous close Today's close
buyers
buyers
Change
Bank Bills, on demand 1090 Credits 4 months' sight 1150
Amer, Sugar Regning...
131"
National Lead .....
151
J. K. Bousåeld, Esq., A. H. Compton, Esq.,
Amer. Tel, & Tel
1501
Nat, Power & Light ...........
Hon. Mr. S. H. Dodwell,
6
Amer. Tobacco "B" "...
National Steel Corp.
55
G. Miskin, Esq.,
12-3/8
On Saigont-
K. B. Morrison, Esq,,
Amer. Waterworks
61
National Supply Corp.
51
JULY
12-5/18
AUGUST
OCT.-DEC.
12-1/4
Market closed
11-11 16 11-3/8
NEW YORK
JAN.-MARCH
NEW YORK COTTON: Small Southern liquidation was absorb- ed by scattered domestic and foreign Trade" interests. The weather in the cotton bolt was favorable.
NEW YORK RUBBER: There was light factory Interest. CHICAGO WHEAT: The market is nervous on the possibility of the removal of peg-prices. The movement of the crop in the South- West is heavy, but not much new wheat is offering.
NEW YORK STOCKS:
115.36; Change, off.31.
Previous close, 115.67; Today's close,
COMMODITY MARKET-
(REUTER'S SERVICE)
On demand.
On demand $5 1/9
On Bangkok:-
On demand
On Sterling Notes:-
Bar Silver per 02
Market Report
FROM ROZA, BROS. Suver prices were over the week-erid, the quotations remaining at 23.3/8 for Ready and 21.7/8 for Forward New Silver was not quoted.
The London/New York cross-rate was quoted at 4021/2. New York! London was quoted at 373.
108:3,4
T. E. Pearce, Esq.,
Anaconda Copper
201
New York Central
10
C. O. Roberts, Esq.,
On Manila:-
Atchison, T. &S, T
133
Niagara Hudson Power
***
31
Hon. Mr. A. L Shield,
Aviation Corp.
'51
N. American Aviation
171
Bacock & Wilcox
24
North American Co. «sica
15+
149 1/2
Baldwin Lecometive
141
Northern Pacino
51
Baltimore & Ohio
31
Owens-Illinois Glass Co.
44..
Branches:
Bank Buying Rate
1/4
Barber Asphalt Co...
91..
Pacific Gas & Elec
26
933/8
Amay
Barnsdall O
BI
Johore Rangoon
11
Pacific Lighting
35+*
Bangkok
Kobe
Bell Aircraft Corp.
171
Packard Motors...
31
Batavia
Kowlood San
"TUESDAY, JUNE 11, 1940.
BANKS
RONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING. CORPORATION
Authorised Capital..... 850,000,000
ידי
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up $90,000,000 Incorporated by Royal Charter, 1858
Beserve Funds:
£3,000,000. | Paid-Up Capital ........... Sterling
£8,500,000 Reserve Fund... ..............£3,000,000.
H.A. Currency Reserve $10,000,000 Raserys Liability of Pro
Board of Directors: H. V. Wilkinson, Esq.,
Chairman Hon. Mr. J. J. Paterson,
Deputy Chairman.
Sir Vandeleur M. Grayburn,
Chief Manager.
Saigoo
priators
£3,000,000 HEAD OFFICE: LONDON:
38, Bishopsgate E.C Sub-Agencies In London: 117/12, Leadenhall Street, E.GR West End Branch: 14/16, Cookspre Street, S.W-1. Manchester Branch:
52, Mosley Street, Manchester", "1.
+
AGENCIES AND BRANCHES:
ALOR STAN AMBITSAR
BATAVIA
BOMBAY CALJUTTA
HARRIN
PENANG
HONG KONG MANGOON
ILOILO
1POR KARACHI KLANG
AGENCIES: ZONE
OLITE SE
FAIRLIN PLACE
CANTOM
DAWNPOXE C57
KULLA
LURFUR
KUDBING
MADRAS MANILA
BAIGON
DEREKRAN
IANG HẢI BINGAPUR
· SITIAWAN
BOURABAYA
TAIPING TIENTSIN
TONOKAN
COLOMBO DIL
(Bhuket)
MEDAX
TSINGTAO
Bendix Aviation
201
Pan-American Airways"
134
Bombay
Kuala
Francisco HAIPHONO.
NEW YONI
YOKOHAMA
Bethlehem Steel „...............
601
Bliss & Co. W......
unchanged
Boarig Airplane Co. Borg-Warner
York
Bridgeport Brass Corp. Briggs Mig
Brooklyn-M'hattan Trans.
Brooklyn-Manhattan $6....
Budd Mfacturing Corp.'
Canadian Pacific R'way
Case, J.I
New York Cotton, July New York Rubber, July Chicago Wheat. Sept. Chiengo Corn, Sept. New York Hides, June NEW YORK COTTON
High Low 9.55 9:47
21.25 21.25
Prev. Today's Close 9.48 21.16.
MARKET
Celanase
Close Change
9.55 07 up 21.23b 07 up
Qulet:
Chesapeake & Ohio
LI
Chrysler Corpn.
STERLING
819
801
811
617
611
617
801 i off 611
Climax-Molybdenum. Co.
off
9.70b 9.58N 12 of
Close
Opening
Closing
Change
July
9.48/48
9.50/50
9.55/55
.07% up
July New contract)
9.70/70
9.74/75
9.78 N
.08 up
+
Some "business was reported 1/231/32 for near delivery. market closed at 1 p.m. with sell- ers at 1/2.31/32 June/July, pro- bably August, buyers at 1/3 for any delivery
at
The
October
8.63/63
8.64/64
8.69/69
עם 18.
December {
8.55/55
8.58/66
8.60/60
55 up
January...
}
846 N
8.48a
8.51 N
.05 up
March
8.32/32
8:33/33
8.39/39
07 up
U. S. DOLLARS
Opened with sellers at 22.7/8. Continental Can
buyers 23.1/4 resulting in business
Colts Patent Fire-Arms Columbia Gas & Hee....... Columbia 6% "A" DI. Commercial Credit Co. Com. & Southern (@rd.) Consolidated Edison Consolidated Ou
Continental Off
Copperweld Steel
May
(...)
8.18/16
10.43 N"
.07 up
later at 23 followed by transac-
Com Products
Spot
10.36 N
10.43. N
.07 up
tions at 23.1/8 and
also 23.1/18
Curtiss Wright (0)
for Cash.
The market closed at
July
Total sales Friday:-21,500 bales
NEW YORK RUBBER
-September
December
January
21.18/16
21.20b/35a
19.40/745
18.88/70
18.50 N.
19.45b/48a 18.705/80 unquoted
19.55/55
18.80/80 18.88 N
21.23b/250
.07, up
.15 up
12 up
כנר 18.
Total sales:--220 tons.
CHICAGO WHEAT
July
.81/801
801/81
September
81/81)
December
..... 827/821
81/811 $21/821
80/801 800/802 817/82
1 off
1 off
t of
.
Friday's sales:-10,120,000 bushels.
CHICAGO CORN
July
638/631 63+/631"
822b
+ off
The market
September
611/62
612/617
December
591/60
593/591
811/61 591/591
A off
afternoon.
off
WINNIPEG WHEAT
July
75b.
751/75
October
T/TY
748/74) 771/771.
i oft 1 off
NEW YORK HIDES
June
9.70b/753
September
9.88/88
December
10.10/10
9.71b/99a 9.90/90 10.00b/16a
New York Official
34-3/4
12 off 0.58 N 9:75b/80a 13 off 9.95b/100da 15, off unquoted
NY-London Cross Rate 3.82
1 p.m. with sellers at 23 for June, probably July, buyers at for Cast
SHANGHAI DOLLARS Business was done early in the morning at 385 followed by trans- actions at 384. Towards 1 p.m. buyers there were sellers at "383. at-384
SHANGHAI MARKET
The Exchange market was clos- ed today,
AFTERNOON MARKET
Elec. Bond & Share.
Curtiss Wright "A"
Deere & Co.
23.1/8
Distillers Corpn. Seagrams
Douglas Aircraft
Du Pont de Nemours
Eagle Picher Lead
Eaton Mfg. Co.
Elec. Autolite
*
Elec. Band & Share $5 pt. 461* Flec. Bond & Share $6 pt. - 541* Elec. Power & Light. 37 pf. « 201* Fisk Rubber
Flintkote
Gen. American Trans.
Gen. Electric
was quiet in the
Gen. Motors
Gen. Railway Signal
Gen. Tire & Rubber
Goodrich $5 pt.
Goodyear Tire & Co.
1.8. DOLLARS
Great Northern Iron Ore .."
Great Northern Rly, pfd.
Greyhound Corpn.
Hercules Powder Co.
3.75
Homestake Mining
International Harvester ... Int Nickel
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
Inter. Paper & Power....
Int. Tel. & Tel
Johns-Manville
1939/40
High Low Dow Jones Averages.
156.99 113 25 30 Industrials
25.90.22 13 20 Rails
27.70 1910 20. Utilities
38 29 8306.40 Bonds
A
STERLING
No business was reported, fin's- ing with sellers at 1/2.31/32 June/ July. probably August, buyers at
1/3 for any delivery.
Glidden Co.
Goodrich (B.F.)
The market closed with sellersGreat Western Sugar
at 22.7/8 "June, buyers at 23.1/8
for Cash.
SHANGHAI DOLLARS
Business was done at 384, Sell- ers at 383, buyers at 383.1/2.
FAMERS MESSAGE TO 1. Laughlin Steel 37 pfd.
LONDON, May 25 By Afr Mail) "Wholehearted
cooperation in
the national determination to win through to victory" was pledged by the counell of the National Farmers' Union in a telegram sent to the Prime Minister from meeting in Landon yesterday..
The Council also passed a re- solution recording thanks to Bir Reginald Dorman-Smith, for his services to the industry during his tenure of office as Minister of Agriculture. The resolution thank-
ed him particularly "for his out- standingly-successful work in fur- therance of the food production
London Singapore BANKOW
Soursbaya
Malacca Sungai
Patani Swatow
(Johore) Tientsin Mukdeo Tokyo New York Tsingtao
Yokohama
CURRENT ACCOUNT opened in LOCAL CURRENCY and Fizzü DRUKITS received for one year or shorter periods in Local and other Car!
(Peking)
FORE.ON EXCHANGE and General Banking Business transacted.
CURRENT ACComære opened and FIXED DEPOSITs received for Ons Year or shorter periods in Losal or Other Currencies at ralee which will be quoted on application.
Savings Accounts also opened in Local Currency and Sterling with interest allowed at rates obtainabia on application.
The Bank's Head Office in London
on terms which will be undertakes Executor and Trustee business, and alsims recovery of quoted on application.
British Income Tax overpaid, on terms which may be ascertained, at any of the Agencies and Branches.
E. A. CAMIDGE,
Manager.
Also up to date SAT 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 obtaia- ed on application.
THE CHASE BANK
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, Pina StaT,
NEW YORK.- An American Bank offering com- plete Foreign Banking Service V. M. GRAYBURN,
in the principal Markets of the world Chief Manager.
Interest Rates on Application. Hong Kong, 5th Feb., 1839.
For the HONGKONG & SHANGHAI BANTING CORPORATION.
Authorised Capital.....$10,000,000,00 Paid-Up Capital 5,698,800,00 Reserve and Undivided
9,983,281.50
Read Ofce:-HONG KONG No. 10 Des Voeux Road, Central.
Board of Directors: "
SIL SHOTSON CHow, Chairman Li Koon Chan, Esq. Li Lan Sung, Paz, P. K. Kwok, Esq. Wong Che Son, Esq. Wang Yun Tong, Esq. Kan Ting Po, Bag,
Chin Chồng Shak, Bad. Fung Plag Wa Eng KAN TONG PO, Esq., Chief Manager Li Tas Foxa, Esq., Manager
Branches and Agencies: -
Koricom Pasar Singapore Bourabaya Rangoon Loudes
Swatow Saigont
Mathema San Fran. Bydney
+
SAFE DEPOSIT BOXES
This Back is entirely owned by
THE CHASE NATIONAL BANE," Now You with Resources of ove
* 13.8.$3,000,000,000.
:
D. M. BIGGAR,
Second Fios Pro -
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AB 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": Exchange.
Head Office: SHANGHAI Hong Kong Branch:
4, QUEEN'S ROAD, C. South China Offices:
Every description of Banking and Exchange business transacted. Lasna granted on approved securities
Current Accounts opened in Local CANTON Currency and Fixed Deposits re SWATOW ceived for one year or shorter SHIUCHOW periods in Local and Foreign Cur rencies on terms which will be quoted on application,
SAFE LEPOSIT BOXES TO LET.
KAN TONG PO,
Chief Manager.
INDO-CHINA
STEAM NAVIGATION COMPANY LTD
campaign since the outbreak of Operating Services for Cargo and 'Passengera
London. June 7. Ger. 7% Intl Loan, 1924. 54
MR. CHURCHILL,
The following quotations are the Uhartered Bank middle prices at the close of the H.K. & Shai Bank (Ldn. market in London. All quotations
81
Reg.:
78
are subject to confirmation and foH.K. & S'hai Bank (Col. responsibility is assumed for errors
Reg)
81
in transmission.
£
Chinese Eng. & Mining
(bearer)
War Loan, 34%
(Red
after 1952) Canton-Kloon Rly. 5%
98%
Chosen Corporation ...... Pekin Syndiente ......
17/6 6/8
2
8
Chinese 41% Gold Loan,
S'hai Elec. Constr. Co. S'hal Waterworks "A"
15
14
1898 (Erit. Issue)
43
Chinese 6% Gold Bonds.
1925-47
43
Chin 41% Anglo-French
Loan, 1908
44
Union Insurance ......................... Gula Kalumpong Rubber 15/71 Allled Ironfounders......
10/6 Asso, & Elec, Industries 35/9 Austin Motors, ord
25
11/3
Chinese 5% Crisp Loan.
1012
17
Cable & Wireless, New
Form, ord
40
Chinese 5% Reorg. Loan.
B.-A. Tob. (bearer)
83/12
1913 (Ldn. Is.....
24
Mercantile Bank
121
Chinese 8% Ster. Naten,
Cammell Laird, ord.
5/3
1925 (Vickers)
Mexican Eagle
3/6
Chin. Imperial Rly, 5%
Courtaulds
20/8
the war," and regretted that he should have been denied the op- portunity of carying his plans to completion.
TO-
Loan ....
56
Distillers
54/6
Honan Rly, 5%
12
Dunlop Rubber ...........
20/0
Hukuang Rly. 5%. 1911...
14
Gen. Electric (England). 69/9
Hukuang Rly. 5%, 1911
Gulnnes. (A) Bon & Co.
62
Woolworths
47/6
German --Lasue)
11
Hawker Siddeley Airc...... 9/4
Anglo-Dutch
18/3
Lung Tsing & U Hal
Bristol Aeroplanë `......
10/9
Rly. 5% 1913
11
S'hal-N'King Rly. 5%
15
Imperial Chemical Ind. 27 Imperial Tobacco
88/1
Tientsin-Pukow Rly. 5%
(Brit. Stpd.) Tientsin-Pukow Rly. 5%
Marks & Sp'cer "A" ord. 34/9
Rolls Royce
65/9
Rub; Plant. Inveet, Trust 24/3 Burma Corporation Commonwealth Mining Marsman Investments i Randfontein Estates
7
10
35
Leyland Motors
50
Western Holdings'.......YO
8,6
For further particulars
(German Stpd.)....... Tientsin-Pukow Rly. 5% (Brit. Btpd. Supl Loan) Tientsin-Pukow Rly. 5% (Ger. Stpd, Bupl. Loán) Jap. 5% Ster, Loan 1907 344 Jap. 8% Bter, Loan, 1924 393
Tate Lyle ...........
50
Sub-Nigel ...
175
Turner & Newall
57/9
Tanami Gold Mining
please apply to
3d,
United Steel
19/3
Anglo-Iraniani zimenitie
37/0
1.
Smethwick Drop Forg. .**
12/6
Burroah
53/9
9
Armstrong Stevens, ord.
5/8
Shell Trans,
Trad
Pressed Steel, coma. Vickers, ord.
· 11/7/
(bearer)
50/3
12/6
• Nominal
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA “
-1
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal ia
the French Concession at
Bhanghai, where passengers
Bad cargo are landed.
JARDINE MATHESON&Co.,LTD. TELEPHONE SOJIL GENERAL MANAGERS
KONGMOON· TOISHAN
KINGCHOW
We also handle the issue of Bonds
י.
and other Public Funds of the Chinese Government both at Home and Abroad.
1 SHOU J. CHEN,
Manager.
THE KWANGTUNG PROVINCIAL
BANK
(10corporated in Chian)
Goomal Banking Facilties and Financial Agents tai The Provincial Government of Kwangtung
Hand Offon-Shlokwen, Kwangiang Province Hoogkeng Broch -Queen's Mig., & Chater Bd. Cahls Addressca-"PROVINCIAL" 2030, 9642, 7. Telephones: N
20112, 20113, 20143, 20181, 21681. BRANCHES THROUGHOUT? SOUTH CHINA": Corrwpendents in New York and London
NS10,000,000. Paid Up Capital Reserve Capital ...... N$10,500,000.
QUYÀNG NÀY
Hongkong Menager.
A Job?
WANT ADS
Paramount Pictures
Calcutta
Lumpur Shanghai
HAMSURQ
PRIRING
15"
Pennsylvania R.B.
180
Canton
14*
Phelps-Dodge
201
Chefoo Lyonk
15
Colombo
Philadelphia Read, Coal
+
Dairen
87
Manila
Phillips Petroleum
30
Foochow Muar
15.
Pittsburg Coke & Iron
ཐ་
Haipnoug
182
Public Service of N.J.
324...
90*
Pullman Inc. .......
193
Bankow Harbin
31
Pure Oll
71
37
Radio Corpn. of Am. ...............
4+
Hoilo Ipoh
Peiping Penang
41**
Reading Company,
Com
101*
24/
Remington Arms Co., Inc.
33
Republic Aviation Corp....
4)
574.
Republic Steel
151
ZIL
Revere Cop. & Brass Inc.
31*
cancies
75*
Reynold Tobac. "B"
331
4"
Richfield 00
82
71"
Safeway Stores
38.
*
Schenley Distillers
ZA
Sears Roebuck
64%
24)
Shell Union Oil
Soceny-Vicunum Ol
77
35
Southern Pacific
173
Southern Rly $5 pfd.......
15
171
Sperry
39
46
Spicer Manufacturing Co. 242
77
Standard Brands
51
248
Stand Gas & Elec....
1
15..
Standard Oll of California
IBI
14.
Standard Ol of N.J.
35
78.
Stone & Webster.
57
1511
Studebaker Com. ...
Swift International
171
281
Technicolor
10
281
Texas Corpn.
35
#1
Texes Gulf Sulphur
27+
Timken-Axle
214
BANK OP EAST ASIA, LIMITED
Trans-America Co.
4
20th Cent. Fox.
51
40*20th Cent. Fox, $1k pf.
143*
11,
Union Bag & Paper Corp.
101
40...
Union Carbide & Carbon
623
Profits
291
Union Pacinc
75*
40%
United Aircraft
421
11.
United Airlines Trans
141
11
United Corpn.
12
11
United Corpn. $3 cum pt. 281
11
United Gas Corpn.
1 *
46"
United Gas Improvement
10
131"
US, Industrual Alcohol
153
134
US. Rubber....
181
18+
US, Rubber $8 píd,
71
201
U.S. Steel
451
101
Vanadium
29
811*
Vultee Aireraft
8"
401
Walworth Co,
31
Amoy
37#
Warner Bros. Piet.
21
Bateria
211*
Westinghouse Elec.
24
Bombay
**** Manils
Calgatta
112.
Woodward Iron Cor.
217
Haiphong
Maskow
Suraka BAW Tork Seattle
sted fients
JELO
21
45+
Chase National Bank National City Bank
Heuolalu
Semarang
Kabe
Pulpiag
Shanghai
50*
1-ot, div.
•-bid.· ́ DOW JONES AVERAGE
18.50
Jupe 9, 1940. June. 7, High Low Close 110.07 116.05 5.20 115.38 23.91 23.47 21.78 23 79
18.63 18.45
18.57
63.89
83.87
Change .31 off .12 off .07 up 02 off
65.07 45.59 11. Commodity Index 6247
52.29
.18 off
Business Done --200,000 shares
No comments yet.
Private notes are available after approval.