1940-06-20 — Page 10

PAGE 10-HONGKONG DAILY PRESS.

FINANCE

FOREIGN MARKETS & QUOTATIONS

"MONEY AND EXCHANGE

CLOSING QUOTATIONS

JUNE 19, 1940.

On London:-

Telegraphic Transfer. 1/8 7/8 Bank Bills, on demand 1/23 7/A Credits 4 months' sight 1.3 1/2 On Shanghai;---

On demand

On Singapore:-

On Balgon

On demand

"

NEW YORK STOCK EXCHANGE

Shanghai Exchange

Shanghai, June 19 (Reuter). “

Official T/T. Baton

Bila & Co.

London

New York

Гарка

India

Paris

Hongkong

Celanese

QUOTATION

(REUTER'S SERVICE)

JUNE 19, 1940.

Northern Pacifo

-Owens-filinois Glass Co.

PAYNE & CO.

:

COMMODITY BROKERS STOCK EXCHANGE BUILDING

HONGKONG

COMMODITY MARKET REVIEW

(FROM FAYNE & "CO.)

After ruling easier on outside liquidation, the market. closed quietly steady at the lower levels.

NEW YORK COTTON: The tightness of Spots is likely further to strengthen the market.

NEW YORK RUBBER: Reports of heavy arrivals caused some speculative liquidation. The Trade is aloof,

CHICAGO WHEAT: The rally is believed to be only technical, The future still depends upon the changes of war news. The wER- ther is favourable.

- NEW YORK STOCKS: Previous close, 122.80; Today's close. 123.21; Change, up 41.

NEW YORK COMMODITY MARKET

(REUTER'S SERVICE) |

THURSDAY

JUNE 20, 1940.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital....... $50,000,000

INDIA, AUSTRALIA

AND CHINA

Issued & Fully Paid-Up $80,000,000 Incorporated by Royal Charter, 1958

Reserva Funda:

£6,500,000 Reserve Fund

Paid-Up Capital

Starling

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

Proprietors

...$20,000,000

Head Office:-HONG KONG

11

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

Chairman Hon. Mr. J. J. Paterson,

Deputy Chairman. J. K. Bousfield, Esq. A. H. Compton, Esq., Hen. Mr. 8. E. Dodwell, G. Miskin, Esq., K. S. Morrison, E.,

T. E. Pearce, Esq.,

C. C. Roberta, Esq.,

Hon. Mr. A L Shields,

Bir Fandeleur M. Grayburn,,

Chief Manager.

Chefoo

Focobow

Branches:

Saigon

Kowloon San

£3,000,000

prietora

HEAD OFFICK: LONDON:

...£3,000,000

$8, Bishopsgate EC2

Sub-Agencies In London:

117/19, Leadenhall Street, E.C.x West End Branch:

14/18 Cockspur Street, S.W

Manchester Bennohis

52. Mosley Street, Manchester,· 3.'"

AGENCIES AND BRANCHES:

HARDIN

ALOR STAR

CALCUTTA

PENANG

HONG KONG KANGOON

AMRITSAR

MANGKUK

FLOILA

MAIGON

BATAVIA

IPOM

TOREMBAN

BOMBAY

KARACHI KLANG

SHANGHAL

BINGAPOR

AGENCIES: KOBE

BITIAWAN

VAILIS PLACE KUALA

BOUBABAYA

LUMPER

TAIPING

OWNPORN

KUCKING

TIENTSIN

TONGEAR

MAN LEA

(Bhuket)

MORELAN

TRINOTAÐ

CAT STRE

CANTON

COLOMBO

DELMI **

Francisco HAIPHONG

Lampur Shanghai BAMRUTEGI

Singapore HANKOF Sourabaya

Patani

Haiphong (Johore) Tientsin Bankow Mukden Tokyo

Hachin

Toile Ipoh

New York Tsingtao Peiping Yokohama Редак

MADRAS

NEW TORE PRIPING

(Peking)

TOKOHAMA

FOREIGN EXCHANGE and General Banking Business transacted

CURRENT Açoouare opened and FIXER DORIT received for One Year or shorter periods in Local os Other Currencies, at, rates, which will be quoted on application.

„ŠAVISOS ACCOUNT also opened in El Currency and Sterling it interest allowed at raten obtainabla on application.

The Bank's Head Offer In London

CORBEST

ACCOUNTS opened to LOCAL CURENNOX and FIXED DEPOSIT received for one year or shòrtar periods in Loes! and other - Our- rencies on terms which will be undertakes. Execntor and Trusies quoted on application

business, and olaims recovery of British Income Tax overpaio, on terms which may be ascertained at any of the Agencies and Branches.

R & GAMIDGE,

Manager,

Also up to date. Sara Dugosir Boxes in various sizes To Lar Hong Kong. 28th February, 1940,

STOCKS

Last Sale

STOCKS

Last Bale

"June" 18

Adams Express......

51

Kennecott Copper

June 18 281

Alleghany Steel Co.

223

Lakey Foundry

Mac.......

31

Allied Stores

57

Libbey-Owens-Ford Glass

33

Allis Chalmers

273

Lockheed Aircraft

201

385

Aluminium Ltd,

81

Loew's Inc.

231

Amer. Can ........

977

Loft Incorperated

25

On demand

52 3/4

American Cyanaald B.

33

Mack Truck Inc.

201

On Japan:-

Amer. & Foreign Power ...

11

Martin, Glen L

201

NEW YORK, June 18, 1940.

On demand

03

Amer & Forela $7 pl.

15

McKesson & Robbins, pfd. · 221

On India:--

American Gas & Elec.

311

Monsanto Chemical

924

Telegraphic Transfer.

SINGAPORE RUBBER

182 1/

Amer. Locomotive

133

| Montgomery Ward

39

and demand

Amer. Metals Co.........

142"

National Aviation

10

8 POT

On New York:-

Arier. Radiator ......

51

Bank Bills, on demand 12

Nat. Dairy Products

13

JULY-SEPT.

Credits, 60 days' night 23 3/8

Amer. Rolling Miri

11

Nat Distillers

19

OCT.-DEC.

Previous June 18

Close Opening Closing Change Buyers Buyers 38-1/4 37-1/4 38-5/8 of 1-5/8 37-3/836-1/4 35-3/8 of 3 cts,

34 cts. 35-1/8

33-1/8 off 2 ets..

Amer, Sting and.Ring Co.

38

National Gypsum..

On Batavia:--

On demand

41 1/4

Amer, Sugar Refining

14

National Lead .....

18

Amer. Tel. & Tel.

150+

Nat Power & Light

The market was easier. LONDON RUBBER

Previous close" Today's close

On Paris:—

Bank Bulls, an demand 1083 Credits 4 months' sight 1100.

Amer. Tobacco "B"

75%

National Steel Corp.

587

buyers

+ buyers

Amer. Waterworks

8

National Supply Corp.

SPOT

14-1/4

"13-1/2

Change of 1

Anaconda Copper ....

211

108 3/4 Atchison, T. & 8. Fo.

151

On Manila:--

On demand

44

Aviation Corp: .... Bacock & Wilcox..... Baldwin Lecometive

51

231

New York Central Niagara Hudson Power ¡N. American “Aviation”

North American Co......

JULY

-14-1/4

*13-1/4

off 1

AUGUST

..............

... 14-1/4.

13

of 1

OCT.-DEC..

JAN.-MARCH

12-3/4 12

11-3/4 11-1/4

off 1

off

Amor

Jobore Rangoon

Bangkok Hobe

15)

On Bangkok:-

Batavia

On demand......

................. 149 1/2

Baltimore & Ohlo

31

Bombay

Kuala

On Sterling Notes:-

Bank Buying Rate Bar Silver per os.

Barber Asphalt Co.

10

Pacific Gas & Bec

Calcutta

1/4

Barnsdall Ol

8

Pacific Lighting

Canton

Loudon

23 1/4

Bell Aircraft Corp.

15

Packard Motors

Lyons

Bendix Aviation

29}

Pan-American Airways

Cólamba Malacca

Bethlehem Steel

777-

Paramount Pictures

Dairen. Manila

Sungei

Muar

151

Swatów

Pennsylvania RIR

Boeing Airplane Co.

*131

Phelps-Dodge

Borg-Warner......

18

Philadelphia Read, Coal

Bridgeport Brass Corp....

91

Opening

Phillips Petroleum

+321

0/3-3/4

Briggs Mfg.....

161"

Pittsburg "Coke & Iron

Brooklyn-M'haftan

Tran.

18

5-3/4

Public Service of NJ,

Brooklyn-Manhattan $8....

Pullman Inc,

23-3/8

Budd M'facturing Corp.

37

Pure Oil

20-3/4

2.75 25

?

Canadian Pacide Rway

3

Radio Corpo, of Am.

#

Case, JI......

501

Reading Company,

Com

12

244

Remington Arms Co. Inc.

41*

Chesapeake & Ohlo

357

Republic Aviation Corp.

41

New York Cotton, July

Chrysler Corpn.

841

Republic Steel.

173

New York Rubber, July

.21.89

Cllmax-Molybdenum Co.

301

Revere Cop, de Brass Inc...

101

Chicago Wheat, Sept. no

781

772

773

Colts Patent Fire-Arms

81+

Reynold Tobsc.. “B”

381

Chicago Corn, Sept.

59%

591

Prev. Today's High Low Close Close Change: 10.28 10.02 10.06.10.2014 up 21.69. 21.80 21.500 .30 aff up up

784

591 597

Columbia Gas & Elea .....

52

Richfield Ou

T

New York. Hides, Sept.

10.37 10.10

10.19. 10.15 04 of

75*

| Safeway Stores

4011

NEW YORK COTTON

Close

Opening

Closing

Change

287

Schenley Distillery:

July

10.06707

10.03/02

10.20/20

.14 up

1

Bears Rostu Rk

704

261

|Shell Union: 012

81

Socony-Vacunum of

8+

*

July (New contract)... 10.31 N October i December*: (

10.27/27

10.44 N

13 up

>

9,17/18

9.34/36

:12; Up!

>...... 9.09/09 **

9.05/05

9.22/23

41.

Southern Pacific

January

38.97 N

8.33b/97a

·9.11 N

14 vi

171

Southern Rly $5 pid.......

181

March

(..)...... 8.83/83

8.80/30

8:94/94

11 Up

19

Sperry

391

May

A) 8.89/69

8.66/86

9.79/T9

10 up

491

spicer Manufacturing. Co. 26 y

Spot

Curtiss Wright (C)

ཀྭ་

11.03 N

.14 up

Standard Branda

51

Curtiss Wright “A”

Stand Gas & Elec...

14*

NEW YORK RUBBER

Deere & Co, ...

15+

Standard Of of California.

18)

July

21.05b/80a

Distillers Corpn. Seagrams

144

Standard Olof NJ.

951

September

Douglas Aircraft

734

Stone & Webster

7

December

21.50b/68a 19.12/15 17.89/90

30. of

Du Pont de Nemours.

161

Studebaker Com,

71

January

82

Swift International

187

March

29

Technicolor

101

May

311

Texis Corp......

381

***** 17.78 N

17.74 n 17.54

·17.47 n

.39 off 31 off 31 off

31

5

Texes Gulf Sulphur

.30%

CHICAGO WHEAT

Elec, Bond & Share $5. pl.

50*

Elec Bond & Share $0, D1.

Timken-Axle-course despre

23

July

60+

Trans-America Co.

September

Elec. Power & Light $7 p

201

20th Cent. Fox.

7

December

Fisk Rubber

10*

20th Cent. Fox, $13 pt. .....

151*

78/78... TIZATIE 781/781-

80/79 ...... 787/780 Monday's sales:-19,167.000 bushels.

778/774

773/772

ፃነ

781/781 784/79

Pintrote

127

Union Bag & Paper Corp. 11+

CHICAGO. CORN

Gen. American Trans.

451

Union Carbide & Carbon " #8

July

middle prices at the close of the

Gen. - Electric

31

Union Pacific

77+

September

442

United': Alreraft

404

December

601/601 611/611 614/611 591/591 507/591 591/591 281/561 5/72/511 57/57

up

up

PAID-UP CAPITAL $40,000,000, 08 |

114

up

United Airlines Trans

161

123

United Corpn.

17

WINNIPEG WHEAT July.....

71/71

in transmission:

12

United Corpn. $3 cum pf.

314 -

October....

74jb

£

Goodrich (BF.)

131

United Gas Corpn........

'2'

NEW YORK HIDES

War Loan 34% (Red

after 1952)

Goodrich $5 pr.

49*

United Gas Improvement

11

September

$5+

Goodyear Tire & Co.

16

V.B." Industrual, Alcohol,

174

*December

10.19/19 10.38/38

711b 1440

10.18/10 10:15/15 10,30/36 10.34/34

unch.

up

04 off

.04 of

Onton-Koon "Rly. 5% 8

Great Northern Iron Ore

14

US: Rubber

21

New York Official 34-3/4

Chinese 41% Gold Loan

Great Northern Rly, pfd.

211.

US. Rubber $8 pfd.

171

NY-London Cross Rate 3.65

34-3/4 3.62

Great Westem Sugar

21+

US. Steel

531

Greyhound Corpn,

-11

Vanadium

33

43

Hercules Powder Co,

"88

Vuitee Aircraft

73*

Homesteke Mining

46

Spot. 23-1/41.

Walworth Co.

31

International Harvester

392

Warner Bros. Pict

21

Int Nickel

237

Westinghouse Mec,

DO

Inter. Paper & Power

12

Woodward Eren Car,

247

Int. Tel & Tel

34

Chise National Bapk

1913 (Ldn I4.). ...............

Johns-Manville

51

National City Bank

Chinese 8% Ster. Notes,

1925 (Vickers)

J. & Laughlin Steel ST pfá.

B

"unin. Imperial Rly, 5%

Loan

#bid

1-ex, div.

56

Homan. Fig. 59

1039/40

: June 19, 1940.

Spot

Juge

July

Spot

July

July

Sterling

Sellers

Opening Closing 0/3-15/16. 0/3-20/32

· 073-15/16 ̧0/3-29/32

0/3-7/8 0/3-27/32 U.S. Dollars

$5-29/32 $5-13/16 3-29/32 5-13/16

5-3/4 : 5-91/32

Market: Quiet.

Calcutta Exchange

Calcutta, June 18" (Reuter),

TT Japan, 93-374.

India Rupee Paper

Bombay, June 18 (Reuter). Government 34% Rupee, 88-04-0.

nominal

Columbia 6% "A" pl. Commercial Credit. Co. Com, & Southern (Ord) Consolidated Edison Consolidated Of

· Continental, Can

Continental Of

Copperwald Steel Corn Products

Eagle. Picher: Leed

Eaton Mig Co.

Elec. Autolite

LONDON STOCK Elec. Band & Share

EXCHANGE

(REUTER'S SERVICE)

́ ́London, June 18.

The following quotations are the

market in London. All quotations Gen. Motors

"are" subject to confirmation and no Gen. Railway Signal responsibility is assumed for errors | Chen. Tire & Rubber

Glidden Co.

1898 (Brit. Isae)

Chinese 5% Gold Bonds.

1925-4T,,:,,5545ཎརམ

Chin, 41% Anglo-French

Loap, 1908

Chinese 5% Crisp Loan,

Chinese 5% Reorg, Loan,

9.32/23

Total sales Monday:-33,800 bales,

21,80/86

19.51/55 18.20b/25a 18.05 N 17,85 B

19.10/18.90 17.50/50, *unquoted.

Total sales:-1,030 tons,

SILVER MARKET

LONDON SILVER

London, June 18 (Reuter). Silver-Bear covering for cash and speculative selling for for- ward. Business mail. Market quiet. In the afternoon, the mar- ket was quietly steady.

Forward, 21-1/20

BOMBAT SILVER

13, up

599

Bombay, June 18 (Reuter). Market Bteady. Offtake 200 bars Indian Mint Silver Ready 20 July 2 Settlement July 30 Settletrient

61-07 $1-06 61-06

HONGKONG SAVINGS

BANK

The Business of the sbora. Bank in conducted by the HONGKONG & SHANGHAI BANKING COR PORATION. Rules may be obtain- ed on application.

For the HONGKONG & SHANGHAI BANKING CORPORATION.

V. M. QRAYBURN,

Chief Manager. Hong Kong, 28th Feb., 19039;

BANK OF CHINA

Specially Chartered by THE NATIONAL GOVERNMEN

OR CHINA 18 AN INTERNATIONAL EXCHANGE

BANK

(BRANCHES ALL OVER CHINA)......

THE "CHASE BANK

15 QUEEN'S ROAD, CENTRAL

YHRAD OFFICE: {

An

1& BINE BEZEN D

NEW YORK.

American Bank offering com plete Foreign Banking, Service in the principal Markets of the world. Interest Bates on Application.

SAFE DEPOSIT BOXES

This Bank is entirely owned by

THE CHASE NATIONAL BAKE NEW YORK, with Resource of ove U.8.$2,900,000,000.

D. M. BIGGAR,

Second Fios Pres

BANK OF EAST ASIA,

·LAMINUERD

Owing to our numerous Branches Authorised Capital 10,000,000:00:

*****............6,598,800.00

in China and, connections, in the Paid-Up Capital principal Commercial Centres of Reserve and Undivided the World, we are able to extend Profts

to our Clienta special facilities for

Domestic and Foreign Banking and Exchange.

Head Office:-SHANGHAI

Hong Kong Branch:

4. QUEEN'S BOAD, Q. South China Offices:

CANTON

SWATOW

SHLUCHOW

KONGMOON TOISHAN

KINGCHOW

We also handle the imus of Bonda and other Eublic Funds of the Chinese Government both at Home and Abroad,

SHOUJ CHEN

Manager

--------- 2,053, 231.50

**Head Office:--HONG KONG No. 10 Des Voeux Road, Central. Board of Directori

812 SHOPSON Cnow, Chairman Li Koon Chun, Begi Li Lan Bang, Eig P.K. Kyok. Bet

Wong Tan Tong Lagu Kas Ying Boy Bag Chan Ching Sheik, Bog, Fang Ping Wall Eas KAN TONG Po, Esg, Chief Hanger LT TE FONG, Esa, Manager

Branches and Agencies:

Singapore

Hukuang 'Rly, 5%, 1911...

(LP, N/Y Issue) Bukuang Rly. 5%, 1911:

(German Issuḥ),

Lang Tsing & U Hai:

Rly. 5%, 1913

thai-King RZ BA ... 13 Tientsin-Pukow Rly. 5%

(Bzil. Stpd.) Tientsin-Pukow Rly. 6%.

(German 8tpd.) Tientsin-Pukow Ris, 5%

(Brij. Sipd. Supl, Loan) - 9 Tientain-Pukow, Rly, 5%

DOW JONES: AVERAGE

High., Low Dow Jones Averages June. 17, High Low Close Change

186.92 11484 30 Industrials

35.90 12:16 20 ́ Raili

27,70 19:03 20 Utilities.

12-83 06:40 Bonda

129.80

$15.04. 20.60 £1.25

66 67 45.59 11 Commodity Index 69.33

196.31 193.35 -122.33.4) 28.16 25.14 25 63 59

·91.08 90.85) » 20,79)

85.03.

09

Business Dones-720,000 shares.

INDO-CHINA

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

Current Accounts opened in Local

STEAM NAVIGATION COMPANY IT Carrancy and Fixed Deponita re-

Operating Services for Cargo and Passengers

KOHE and OBAKA

SINGAPORE PENANG and CALCUTTA

BANDAKAN

HALPHONG

Gala Kalumpong Rubber 15 Allied Ironfounders

10 Azzo. & Fles, Industries 31/3 "Austin Motors, ord

Tate & Lyle

Turner & Newall.

United Steel wegman

40 51/103 /15/6

TO

SWATOW, SHANGHAL TSINGTAU, CHEBOO

10.

Smethwick Drop #pr. 12/6.

and TIENTSIN

Gable & Wireless, New

Forp, ord.00

Armstrong Stevens, ord. 5/6

344

Pressed Steel, com......

11/3

• (Ger; Stpd. Bupi Loan)

9

B.-A. Tob, (bearer)......

71/3

Vickers, orde....................

11/6

Jap. 5% Bter. Loan; 1907

Mercantile Bank .....

121

Woolworths

45:..

Jap. 0% Ster. Loun, 1924

34

Cammell Laird, ord.

4/0

Anglo-Dutch

17/8

Ger, 1% Intl. Loan, 1924 Chartered Bank

Mexican Eagle

2/9..

Enb. Plant. Invest, Trúst

23/3-

All steamers berth alongside

HK ghat Bank (Lán.

*Reg.]**

པ་་་3ཀྭན

#K & 8hal Bank....(Ool.:

Reg)

Chinese Eng. «de- Mining - (a) (bearer);

Chosen Corporation. (2/8/8° Pekin Byndicate

-What Fisc. Constr. Co........ 157

Bhat Waterworks Union Insurance

-Dunlop Rubber..............

Gen Electric (England) Guinness (A) Bon & Co. 58/6⠀ Hawker Siddeley Alrc.... 9/8 Bristol Aeroplane/4 Imperial Chemical Ind. -24/1 Imperial Tobsted

-81/3 Marks & Sp'car "A" ord, 32/91 Rolla Royce

57/8 Leyland Motors

40%

Ang bearer).

Courtaulds ... 22/3 Distillers

Burma Corporation

the Roosevelt Terminal in

6/9

the French Cononasionat

51/3

Commonwealth.” Mhilig

Bhaoghal, where pas

21/9.

Maraman Investments

and cargo are intidad.

81/3

Bandfontein Estates

30

Western Holdings

......

For fort

Sub-Nigel

157/0

Tanami Gold. Lining:

Anglo-Iranian

Burman

Shell Trans

ceived fator.can year or shorter periods in: Focal; and Foreign Car- Torgies.bg terms, which will be quoted on application

AFE LEPOSIT BOTH TO L

KANTONG PO,

Chiet Manager.

THE KWANGTO

PROVINCIAL