1940-07-23 — Page 10

STOCKS

Last Sale

STOCKS

Last Sale

July 20

July 20

Adams ExD TEAS

31*

Kennecott Copper

241

Alleghany Steel Co........

213

Lakey Foundry & Mac.....

3'

Allied Stores

6

Libbey-Owens-Ford Glaan "384"

Allis Chalmers ...........

291

Lockheed Aircraft

241

386

Aluminium Ltd.

40"

Loew's Inc. .........

231*

Amer. Cari

951

On demand

62 3/4

Loft Incorperated

221

American Gyanamid B.

321

Mack Truck Inc.

101*

On Japan:-

Amer.

Foreign Power

Martin, Glen L.

271

On demand

02 1/2

On India:-

Amer & Foreign $7 pt. American Gas & Elec.

141*

McKesson & Robbins, pt4. 211”

NEW YORK, July 20, 1940..

33*

Monsanto Chemical

891

Telegraphic Transfer. and demand j................. On New York:-

88 1/2 Amer. Locomotive Amer. Metals Co.

121

Montgomery - Ward

391

14"

National Aviation

10

SINGAPORE RUBBER

Amer. Radiator

51

Nat, Dairy Products

141

Bank Bills, on demand 23 1/2 Credits, 60 days' sight sa

Amer, Rolling, Man

101

Nat. Distillers

201

8 POT

Amer. Sting and R'ing Co.

*351"

National Gypstizn

51

OCT./DED.

On Batavia:—

Amer. Sugar Renning

14

National Lead

181

JAN./MAR.

On demand

44

Amer. Tel, & Tel

160

Nat, Fower & Light

7.

On Paris:-

Bant Bills, on demand 1086 Credits 4 months' sight 1180

Amer, Tobacco "B"

National Steel Corp.

58

Amer, Waterworks

87

National Supply Corp.

51

19

Anaconda Copper....

New York Central

117

On Balgon

On demand

108

Atchison, T. & 8. Te.

151

Niagara Hudson Power

42

SPOT

Awation Corp.

42

N. American Aviation

151

AUGUST

Bacock & Wücox

237*

North American Co.

191

SEPTEMBER

47

Baldwin Lecometive

141

Northern Pacific

睡

OCT.-DEC........

Baltimore & Ohio

.37

Owens-linois Glass Co.

52.

JAN.-MARCH

149 1/2

Barber Asphalt Co.

101.."

Pacific Gas & Elec

20%

Barnsdail O!!

8

Pacific Lighting

414

1/S

Bell Aircraft Corp.

15*

Packard Motors

34

Bar Silver per ox

23 6/8

Bendix Aviation

271*

Pan-American Airways

14

•

Bethlehem Steel

744

Paramount Pictures

Shanghai Exchange

Bilsa&Co.

131

Pennsylvania R.R.

191

Shanghai, July 22 (Reuter).

Boeing Airplane Co..

137

Phelps-Dodge

26

Official T.T. Rates

Borg-Warner

151

Philadelphia Read, Coal

+

Opening

Bridgeport Brass Corp.

Phillips Petroleum

321

London

0/3-3/4

Briggs Mfg.

171

Pittsburg Coke & Iron

New York

5-7/8

Brooklyn M'hattan Trans.

221

Public Service of N.......

381

Japan

24-1/4

Brooklyne-Man. Pid.

108*

Pullman Inc, 14.

181

Budd M'facturing Corp.

32

Paris

20-3/4

Pure Of

72

Canadian Pacifc R'way

Radio Corpn. of Am.

5

Hongkong

24-7/8

Case, J.I

47*

Reading "Company,

Com

124*

NEW

Sterling

Celanese

271

Remington Arms Co., Inc.

41"

Seliers

Chesapeake & Ohio"

38

Republic Aviation Corp. ...

41

Opening Closing

Chrysler CorpŇ.

63+

Spot

0/3-7/8 .0/3-7/8

Republic Steel

168

Climax-Molybdenum Co.

ག7*

Revere Cop. & Brass Inc...

81

July

0/3-7/8 0/3-7/8

Colts Patent Fire-Arms

73*

Reynold Tobac. "B"

387

Aug.

0/3-55/64 013-55/64-

Columbla Gas &"Elec.

51

Richfield 00

73

U.S. Dollars

Columbia 6% “A” på. zo.

821

||

Safeway Stores

43*

Spot

$8-1/8

$8-1/8

Commercial Credit Co.

281

Schenley Distillers

July

6-1/8

6-1/8

Com, & Southern (Ord.)}

11

Sears Roebuck

721

Consolidated Edison

28

New York Cotton. Oct. New York Rubber, Sept. Chicago Wheat, Sept. Chicago Corn, Sept. 2. New York Hides. Sept

Aug.

.8-1/16

6-1/16

Shell Union OH

Consolidated O

日本

Market: Quiet..

Socony-Vacunum · Of

Continental Can

'307

NEW YORK COTTON

Southern Pacific

Continental O

LONDON STOCK Copperweld Steel

EXCHANGE

(REUTER'S SERVICE)

London, July 19.

The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and no, responsibilty is assumed for errors In transmission.

Corn Products

Du Pont de Nemours Eagle Picher Lead Eator Mig. Com Elec Autolite

183"

Southern Rly $5 pid.

181

173*

Sperry...

354

50+

Spicer Manufacturing Co. 251

Oct. (New contract) 9.33/33 December ( } January (

Ourtiss Wright (C)

7

Curtiss Wright "A"

231*

Standard Brands

March

()

Stand Gas & Elec,

May

Deere & Co.

151

Standard Oll of California 184

Spot

Distillers Corpn. Seagrams Douglas Aircraft

16

Standard Oll of N.J.

"674

Stone & Webster

8*

1572

Studebaker Com.

71

Total sales Friday:-28,010' bales.

61 NEW YORK RUBBER

13

Swift International

174

291

Technicolor

10.

July

32

Texas Corp.,

381

September

Elec Bond & Share Elec. Band & Share $5 pf.

5%

Texes Gulf Sulphur

31

December

621

Timken-Axle

£

23}

January

Elec Bond & Share 58 pf.

70

War Loan, 31% (Red

after 1952) Canton-K'loen Rly. 5% 6

Trans-America Co.

5

*March

Elec. Power & Light $7 pf.

33"

984

20th Cent. FOX.

6

May

Fisk Rubber ......

104*

20th Cent. Fox, $1į pf.

14.

Fintrote

13

Chinese 41% Gold Lean.

Gen, American Trans.

44

Union Bag & Paper Corp.

101*

CHICAGO - WHEAT

Union Carbide & Carbon

67%

1898 (Brit Issues ...

Chinese 5% Gold Bonds.

1925-47.

Chin. 44% Anglo-French

Loan, 1908.

Chinese 5% Crisp Loan.

1912

35

Gen. Electric

312

July

Union Pacific,

81

J

Gen: Motors

431

September

United Aircraft

33

Gen. Rallway Signal

11

December

United Airlines Trans

161

Gen. Tire & Rubber

12

£

United Corpn/**

17

Glidden Co.“

Goodrich (B.F.)

12*

United Corpn. $3 cum pf.

323*

12

15

United Gas Corp...... 14.

CHICAGO CORN

Goodrich $5 pt.

524⚫

Chinese 5% Reorg. Loan,

Goodyear Tire & Co.

15

1913 (Ldn. 15.) ...........

3

United UB.. Industrual Alcohol.

Gas Improvement

12.

July

175

September

Great Northern Iron Ore ..

141

Chinese 8% Ster. Notes,

1925 (Vickers).

US. Rubber......

181

December

Great "Northern Rly, pfd.

22)

US. Rubber $8 pfd,

75*

Great Western Sugar

20**

Chin. Imperial Ely. 5%

U.S. Steel .....

501

WINNIPEG WHEAT

Greyhound. Corpn.

112

Vanadium

294

Loan

56

Hercules Powder Co.

80

Vultee Aircraft

61

July

Honan Fly, 5%

13

Homestake Mining

43

Hukuang Rly. 5%. 1911...

Walworth Co.

31

October

International Harvester

39%

(LP. N/Y Issue)

14

Warner Bros. Pict.

21.

December

Int Nickel

23

Bükuang Mly. 5%. 2011

Westinghouse Met,

921

Inter. Paper & Power ...

121

German Issue)

11

Woodward Iron Cor

25

NEW YORK HIDES

int. Tel. Tel....

21

Lung Tang & U. Hal

Johns-Manville

54*

Rly. 5% 1913

B

Chase National Bank National City Bank

September

J. & Laughlin Steel 37 pfd.

12

December

15

New York Official

"--bid.

i-ex. dlv.

A

1933/40

''

July 21, 1940

NY-London Cross Hate 3.91

High

6'hai-N'King Rly, 5% ... Tientsin-Pakow Rly. 5%

(Brit. Stpd.) ..... Tientsin-Pukow Bly, 5%

(Derman Stpd.). " Tientsin-Pukow Rly, 5%

(Brit. Sipd. Supt. Loan) 8 Tientsin-Pukow' Rlz 5%

DOW JONES AVERAGE .......

Low Dow Jones Averages July, 19, High Low Close Change

15592 11184 30 Industrials

35.90 22:15 20 Rails

122.18 121 80 121.87

28.34 20.24 26 20

YORK COMMODITY MARKET

Penang

Scurabaya Sungei

CORRENT ACCOUNTS opened in LOCAL CUBIRNOY and FIXED DEPT received for one year or shorter periods in Local and other Cur- -rencies on terms which will be

quoted on application.

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

HONGKONG SAVINGS

BANK

The Business of the above Bank is conducted by the HONGKONG & SHANGHAI BANKING COR- PORATION. Bulea may be obtain- ed on application.

For the HONORONG & SHANGHAI BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong 28th Feb., 1930,

THE CHASE BANK

18, QUEEN'S ROAD, CENTRA¡

HEAD OFFICE:

18, PINE STRAN

NEW YORK An American Bank offering com plete Foreign Banking Bervic

in the principal Markets of th "world.

SAFE DEPOSIT BOXES

This Bank is entirely owned by

Oxabe NatIONAL BANK

NEW YORK, with Besources „ĐỀ over

..$2,900,000,000.

D. M. BIGGAR, --

Second Fios Fru

A Job?

WANT ADS

ETINDO-CHIN

INDO-CHINA

97.70 1803 20 Utilities

23 22 33 06 40 Bonda

65.67 45.59 11 Commodity Index 50.94

1

27 35 92.28 22.30

Business Done --110,000 shares

CHINA BUYS FROM Attempt To

AUSTRALIA

SYDNEY, July 22 (Reuter)— China has bought two, cargoes of flour from Australia and 'is inquir- ing for mara: Australian' crop prospect are deteriorating,

(Ger. Stpd. Supl Loan)

8

Jan 6% Bter. Loan. 1924

30

Ger, 2% Intl Loan, 1929 Chartered Bank

54

01

AK & Shai Bank (Ldn.

Reg.)

HK."& Bhai Bank (Col.

Reg)

68

Chinese Eng & Mining

(peater)

16/6

Chosen Corporation

4

Pékin Byndicate. ........

་

8'hal Elec. Constr. Co.

15

8'hal Waterworks "A" ...

131

Union Insurance im

20

Gala Kalumpong Rubber

13/9

B.-A. Tob, (bearer)

82/8

Mercantile Bank

11.

Dunlop Rubber

24/6

Bristol Aeroplane

8/41

Imperial Chemical Ind. 22/10

United Steel

- 15/13 -

@bell Trans & Trad

(bearer)

32/6 Nat Defence Bonds, 3%, 90 London-Midlands-Scot

Woolworths Doom: 40/41 Marsman Investmenta BIG

tish, 3%

Great Western Rall

Western Holdings: 4/3 Sub-Migal ..

Nat, Bank of India. 3%

way, 3%....

27

231

A London message states that it is reported that the United States Government has bought 8,000 tons of antimony and an undisclosed quantity of wolfram from the Chinese Government.

Rebuild France

LONDON, July 22 (Reuter) According to a radio from Tou- Louse the boards of private firms. banks, stock exchange, frms and insurance companies are invited to return to Paris. It state; that steps are already taken for the restoration of "economic lie in France, including the cessation of moratorium.

The Finance Minister, M. Bau- dola, is going to Paris tomorrow and he is empowered by decree to make advances to business frme to enable them to resume opera- tions.

PIPING

(Peking!

FORE ON EXCHANGE and General Banking Business transacted.

CURRENT ACCovers opened and FIXED DEPOBIT received for Oas Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.

SAVINGS ACCOUNT 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 ot British Income Tax overpaid, sa terms which may be ascertained ar any of the Agencies and Branches.

R. A. CAMIDGE,

Manager.

BANK OF EAST ASIA, LIMITED

Authorized Capital......$10,000,000.00 Paid-Up Capital Reserve and Undivided

Proits

5,598,800.00

..............2,983,281.50

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

Board of Directors: SIR SHOWSON CHow, Chairman Li Koon Chan, Esq. Li Lan Sang, Esq." P. K. Krok, Esq. Wong Chu Son, Eng." Wong In Tang, Esq. Kan King Fo, kag. Chan Ching Shok, Esq. Fang Ping Wah Lag KAN TONG Po, Esq., Chief Manager Li Ts FONG, Esq., Manager

Branches and Agencica:~~

Kelcom Louden

Manila

Реп

Singapore Kangoo Bombays

Baron Bwatow

Malbouse San Fran. Bydney cisco Tiental

New York Sanitis

Bemang

Pelping Shangba

"

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

Current Accounts opened in Local Currency and Fixed Deposita re- ceived for one year or shorter periods in Local and Foreign Cur Francies on terms which will be

quoted on application. .

SAVE LIPOSIT Boxes To LET.

KAN TONG PO,

Thiel Manager:

BANK OF CHINA

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

BANK

STEAM NAVIGATION COMPANY LT PAID-UP CAPITAL $40,000,000.0

Operating Services for Cargo and Passengers

TO-

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA SINGAPORE, PENANG SANDAKAN

HAIPHONG

All steamers berth alongside the Roosevelt Terminal in the French Concession at Shanghai, where passengers -and cargo are landed.

For further particulars

"plosao spply tow

CALCUTTA

ATHES

BIOTEOMIEGTIES MANAGERS

(BRANCHES ALL ÖVER. CHINA) Owing to our numeroi Bransbes 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 Exahango.

Head Office: SHANGHAT

Hong Kong Branch:

QUEEN'S ROAD, OM

South China Oficer:

CANTON

SWATOW SHIUONOW

KONGMOON TOISHAN="

KINGOHOW

We also handle the issue of Bonds and other Public Funds of the Chino Gorerament both at Home and Abroad.

BROU JOHEN,

Mandos

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

JULY 22, 1540.

Ün Landon:

Telegraphic Transfer. 1/3 1/8 Bank Bills, en demand 1/1⁄2 1/8 Credits 4 months' sight 1/3 VA On Shanghai:-- On demand

On Singapore:—

8. 8 8 8 8 8 8 8 8 8 8

On Manlia:--

On demand

On Bangkok:-

On demand

On Sterling Notes:----

Bank Buying Rate

NEW YORK STOCK EXCHANGE

QUOTATION

(REUTER'S SERVICE)

JULY 21, 1940. "

PAYNE & CO.

COMMODITY BROKERS STOCK - EXCHANGE BUILDING

HONGKONG

COMMODITY MARKET REVIEW

(FROM, PAYNE & CO.)

TUESDAY, JULY 23, 1940.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANE

BANKING CORPORATION

1

Authorised Capital... $60,000,000 †

INDIA, AUSTRALIA AND CHINA

Issued & Fully Paid-Up 190,000,000 Incorporated by Royal Charter, 1358

Reserve Funds: Sterling

£8,500,000 Reserve Fund

Paid-Up Capital

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

Reserve Liability of

Proprietor

$20,000,000

Head Ofice: HONG KONG

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

Chairman. Hon. Mr. J. J. Paterson,"

Députy Chairman,

J. K. Bousfeld, Esq., A. H: Compton, Esq., Hon. Mr. S. H. Dodwell, G. Miskin, Esq.,.

Hon. Mr. A. L Shield,

Sir Vandeleur M. Grayburn,

Chief Manager.

prietors

£3,000,000

25,000,000

£3,000,000

HEAD OFFICE: LONDON:

39, Bishopsgate E.0.2.

Sub-Agencies In Landon:

117/192, Leadenhall Street, E.Qa West End Branch: 14/18, Cockspur Street, S.WL

Manchester Branch: "

52, Mosley Street, Manchester, 2.

AGENCIES AND BRANCHES:

ALOR STAR AMRITSAR

14X-KOK MATAVIA BOMBAY

GAKODITA

AGENCIES:

Curs T

JAIRLIN PLACE CANTON CAWAPORK

HARBIN

PERANG

20.0 Tôi lai coàn

ILOTLA

IPOH

KAZACHI KLANG

KOB EVALA

LUMPUR KUCHINO MADRAS

MANILA

→ BAIGON

JEREMIAT

„SHANGILAI

BINGAPORN

Previous

July 20 Close Opening Closing Change Buyers Buyers

36-1/2 36-5/8 06-5/8 34-1/4 34-3/8 34-3/8 31-3/4 31-7/8 31-7/8

up 1/8

K. S. Morrison. Esq.,

up 1/8

T. E. Pearce, Esq.,

up 1/8

C. O. Roberts Eaq..

The market was quiet but steady. LONDON RUBBER

buyers

Previous close Today's close

buyers

SITIAWAN

Change

SQUBADATA

TAIPING

*****

12-1/8

...... 12-1/16

***** 11-15/16

CLOSED

Amoy

Branches: Johore

.

TIENTRUS

Bangkok Kobe

Rangoon Saigon

11-5/8

Eatavia

Kowlma San

CIBC COLOMBO DELHI

TONGELE

(Bhuket)

MEDAN

TSINGTAO

.......... 11-5/16

Bombay

Kuala

Francisco

HAIPHONG

NEW YORK

YOKOHAMA

NEW YORK RUBBER: Market closed.

NEW YORK STOCKS:

NEW YORK COTTON: Washington indicates that the Govern- ment loan on Cotton the coming season will be above nine cents and there has been talk of ten-cent basis.

CHICAGO WHEAT: Further moisture is forecast in the dry areas in North-West. This has disturbed holders and has checked the advance.

121.87; Change, off 31.

Calcutta

Lumpur Shanghai

Canton

Loadoa Singapore

HAMBURG HANKOW

Chefoo

Lyons

Colombo

Malacca

Daireu

Mauila

Patani

Foochow

Muar

Swatow

Haiphong

Bankow

Previous close, 122.18) Today's close,

Harbin Coilo Ipah

(Johore) Tientsin Mukden Tokyo New York Taingtao Peiping Yokohama

(REUTER'S SERVICE)

High

9.31

9.28

Prev. Today's Low Close Close Changc

9.33

9.30 (03" oft

closed

19.40

closed.

741

731

744

.74 A off

80+ 592

601

50% + off

closed

8.95

closed

".

Close

Opening

Closing ."" Change

...... 9.20/20

9.31/31 9.19/18

0.09 N

9.07b/09a

9.30/30 9.16/17 9.00m

.03 of

04 "off

.03 off

8.99 N

8.96/96

2.94/05

.05 off

יד

}

8.82 N

8.80/80

10.29 N

8.77n 10,260

.05 off .03. off

22.25/25

19.40/43

18.70/70

CLOSED

18.04 N

18.45 N

18.45 N

741/74

Cort

747/742

70/751

731/731

742/741

76/757

741/74 751/75+

off 4 off

Interest Rates og Application.

i off

Friday's sales:-13,428,000 bushels,

Barts By

Daloptia

Halphoox - Magamis

Kenkow

Ecelul

Κούν

N

63/63

109/109

801/601

622/021 60/597

561/564

588/581

551/853

off

off

영병형.

71ja

71ja

unch.

731a

732

740

731a 74||a

8.95/95

CLOSEO

9.15/15

34-3/4

unquoted 3.90