1940-07-27 — Page 10

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PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

NEW YORK STOCK EXCHANGE

Barber Asphalt Co.

QUOTATION

(REUTER'S SERVICE}

JULY 26, 1940.

LONDON STOCK

EXCHANGE

(REUTER'S SERVICE?

London, July 25, The following quotations are thé middle prices at the close of the markét In London. All quotations are subject to confirmation`and'no responsibility is assumed for errors in transmission.

& CO.

PAYNE &

COMMODITY BROKERS

STOCK EXCHANGE BUILDING

HONGKONG

"COMMODITY MARKET REVIEW

(FROM PAYNE & CO.)

-UNRECEIVED

11-11/16

The market was light and improved on

NEW YORK COMMODITY MARKET

(REUTER'S SERVICE)

Prev. Today's High Low Close Close Change

9.48 9.40 9.43 9.48 .05 up 19.55 19.50 19.44.. 19.51 .07 up

741. 731 741 744

off 624 ... 61 62 611 t off 9.07 8.80 8.809.05 25 up

Opening Closing 0.42/42/ 0.48/48

SATURDAY, JULY 27, 1940.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital..... $80,000,000

INDIA, AUSTRALIA AND CHINA

Imed & Fully Paid-Up #90,000,000 Incorpumted by Royal Charter, 1853

Beserve Funds:

Paid-Up Capital ....... Sterling

£3,000,000 £6,500,000 Reserve Fund ............ £3,000,000

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

Reserve Liability of

Proprietors

$20,000,000

Head Office:-HONG KONG ›

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

Hon. Mr. J. J. Paterson,

Chairman.

Deputy Chairman,

J. K. Bousfield, Esq., A. H. Compton, Esq., Hon. Mr. S. H. Dodwell, G. Miskia, Esq., E...S. Morrison, Esq., TE. Pearce, Esq., C. C. Roberta, Esq., Hon. Mr. A. L Shields, Bir Vandeleur M. Grayburn,

prietors...

£3,000,000

HEAD OFFICE; LONDON;

38, Bishopsgate E.0.2. Sub-Agencies In London: 117/192, Leadenhall Street, E.0.3. West End Branch: 14/16, Cockapur Street, B.W 1. Manchester Branch:

32, Mosley Street, Manchester, 2.

AGENCIES AND BRANCHES:

KARBIN

PENANG

FONG TONG TAN0001 ILOILO

ALOR STAR AMRITSAR

BANGICI

SAIGON

BATAVIA

SEREMBAN

BOMBAY

CALCUTTA

KARACHI KLANO

SHANGHAI

BINGAPORA

AGENCIES: KON

SITIAWAN

BOUKAMAYA

LUMPUR KUCHING"

MADŽAR MANILA

"TALPING

TIENTSIN

От Банкт

Chief Hanager. A PLACE

CANTON CAWEPORN.. CEBU COLOMBO

DELHI

Francisco HAIPHONG »

HAMBURG

Singapore HANKOW

Malacca Bungei

Patani Swatow

Haiphong (Johore) Tientsin

Bankow

Earbin

Mukden Tokyo

New York Taingtao Iloilo Peiping Yokohama Ipob Penang

CURRENT ACCounta opened in LOCAL CURRENGT and FIXED DEPOSIT received for one year or shorter periods in Local and other Our rencies on terms which will be quoted on application.

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

STOCKS.

Last Sale

STOCKB

July 25

Last Sale July 25

Adams Express

Lockheed Afrcraft

241

Alleghany Steel Co.

201

Loew's Inc.

241

Allis Chalmers

291

| Loft Incorperated

22}

Aluminium Ltd,

591

Mack Truck ‚Inc.

197

Amer. Can

931

Martin, Glen L

291

American Oyanamid B.....

318

McKesson & Robbins, pt4. 201

War Loan, 3%" (Red '

after 1952)

991

Amer, & Foreign Power

Montgomery Ward

391

Canton-K'loon Rly. 5%

Amer & Foreign $7 p....

14j.

M'tain City Copper Co.

Chinese 41% Gold Loan

New York, July 26 (Reuter).

Amer. Locomotive

121-

National Aviation ........

Amer. Metala Co,

132.

Nat. Dairy Products

Amer. Radiator

National Lead

163

1898 (Brit. Issue)...... Chinese 5% Gold Bonds,

1925-47

1120

SINGAPORE RUBBER

Amer. Rolling Mill

101

Nat, Power & Light

.71

Chim: 44% Anglo-French

SPÖT

Amer. Sting and Ring Co.

National Steel Corp.

Loan. 1908 .....................

Amer, Sugar Refining

134

National Supply Corp.

}

Chinese 5 Crisp Loan,

OUT./DEC.

JAN./MAR.

Amer. Tel, & Tel."

150)

New York Cential

11t

1912

Previous July 25.

Close Opening Closing Change Buyers Buyers

38-1/2 36-5/8 ***** 38-3/4

off 1/8 34-3/4 34-1/2 34-5/8 off 1/8 ***** 32-1/2 32-1/8 32-3/8

off 1/8

Amer. Tobacco "B"

Niagara Hudson Power ...

Chinese 5% Réorg, Loan,

Amer, Waterworks

N. American Artation

15A

1913 (Ldn: Is:)...

The market, was quiet but steady.

LONDON RUBBER

Anaconda Copper

182

North American Co.

189

Chinese B- Ster. Notes.

Previous close Today's close

buyers

Change

Atchison, T. & G. F.

15)

Northern Pacine

1925 (VickzoN)

Aviation Corp. “An

Owens-linois Glass Co.

Chin Imperial Rly, 5%

SP OT

söluna person incunt 12-5/16

Baldwin Lecoretive

-14}

Pacific Gas & Elec

Loen ......

AUGUST

Baltiracre & Ohio

34.

Packard Motors

Honan Rly, 5%......

ૐ

Pan-American Airways

Hukuang Rly. 5%, 1911...

SEPTEMBER OCT.-DEC

.......... 12-5/16 12-3/16

..................... 11-15/18

Amoy

Branches; Johore Bangkok Kobe

JAN:-MARCH

Barnsdall 011

Paramount Pictures

(LP. N/Y Issue)

......

Batavia

Kowloon

Rangoon Saigon San

Bendix Aviation

Pennsylvania R.R.

Hukuang Rly. 5% 1911

Bethlehem Steel

Philadelphia Read, Coal

(German Issue)......

NEW YORK COTTON: modest trade demand.

Bombay

Kuzla

Calcutta

Lumpur Shanghai

Bliss Co.

191

Phillips Petroleum

321

Lung Tsing & U. Hal

Canton

London

Bosing Airplane Co.

13...

Public Service of NJ;

357

Ry. 5% 1913.....

Borg-Warner

157

Pure Ou

S'hai-N'King Rly. 5%

13.

Briggs Mig.

172

Radio Corpn. of Am.

Tientsin-Pukow Rly."5%

Budd" M'facturing Corp.

Reading Company,

Com

121

Canadian Pacific R'way :

Remington Arms Co., Inc.

Case, FX.

Republic Aviation Corp.

意

(Brit. Stpd.) ....... Tientsin-Pukow Rly. 5%

(German Etpd)........

NEW YORK RUBBER: July shorts were the chief buyers. The tightness of the shipment market is a strengthening factor"

CHICAGO WHEAT: The market is easier on its own weight and there is no pronounced pressure or liquidation,

NEW YORK STOCKS:

Chefoo"

Lyons Sourabaya

Colombo

Dairen

Manila

Foochow

· Muar

Previous close, 121.64; Today's close,

121.93; 'Change,-up .29.

Celanese

281

Republic Steel

161

Tientsin-Pukow Rly. 5%

Chesapeake & Ohio

372

Reynold Tobac. "B"

Chrysler Corpm.

651

Safeway Stores

421

(Brit. Stpd. Supl. Loan) 8 Tientsin-Pukow Rly 5%

Columbia Cras &'Mec.

Schenley Distillers

'91

Commercial Credit Co.

283

Sears Roebuck

724

Com, & Southern (Ord.)

11.

Shell Union C

Consolidated Edison

271

Socony-Vacunum ol

81 »

(Ger. Stpd. Supi Loan) Jap. 6% Ster. Loan, 1924- Ger, 7% Intl. Loan, 1924 Chartered Bank

Consolidated Olf

.... 61

Southern Pacifc

કર

HK. & Shai Bank (Ldn.

Continental Can.381

Southern Bly $5 pfd.......

174

Reg.)

Continental Off-

181

Spicer Manufacturing Co.

243*

H.K. & Shai Bank (Col.

Copperweld Steel

172

Standard Brands......

Reg>

Ourtiss Wright (0.)

Stand Gas & Elec.'

Chinese Eng & Mining

Curtiss Wright “A”

Standard Oil of California,

(bearer)

Distillers Corpn. Seagrams

157

Standard On of NJ.

331

Chosen Corporation.

Douglas Aircraft

781

Stone & Webster རྫེས 1*ཝཾ ཝེ, a*

Pekin Syndicate

Du Pont de Nemours

157

Studebaker Com

S'hat Mec. Constr. Co....

New York Catton, Oct. New York Rubber; Sept. Chicago Wheat, Sept. Chicago Com, Sept. New York Hides, Sept.

NEW YORK COTTON Oct (New contract) December (

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

Close 9.43/43

.05 up

9.29/29

9.28/28

Eagle Picher Lead

Swift International

174

S'hal Waterworks “A”

131

January

}

9.19 N

9.18b/188

·Eaton ·Mig:-Co..

301

Technicolor

91*

Union Insurance".

March

(

}

9.09 N

9.08/08

Elec. Autolite

321

Texas Corpn.

381

Gula Kalumpang Rubber

13/9

May

Elec. Bond & Share

Taxes Gulf Sulphur

31.

B.-A, Tob. (bearer)

July

(,,) {

8.90/90

5.89/89

8.71/71-

8.71/71

9.33/35 9.23n 9.11 8.93n 8.72/72

.04

.03 up .01 up

Elec. Bond & Share $5 pt.

Timken-Axle

221

Mercantile Bank

111

Spot

10.33. N

10.280

.05 of

Elec, Bond & Share $8 pf.

681

Trans-America Co.

43"

Dunlop Rubber

Elec. Power & Light 37 pl.

314

20th -Cent, Fox:

.8)

Bristol Aeroplane

8/9

NEW YORK RUBBER

Flintkote

Union Bag & Paper Corp.

101

Imperial Chemical Ind. 24/3

July....

21.78/78

Gen. American Trans.

431*

Union Carbide & "Carbon

084

United Steel

18/3

September

19:44/44

Gen. Electric.....

Union Pacific

Woolworths

153

December

18.63/65

Chen. Motors

431

United Aircraft

331

Marsman Investments-

22.38/38 19.35b/50a 19.51/51 18,57/57 ..18.73/74

.60

up .07 up

.10 up

8/11

January

18.59 N

Gen. Railway Signal

United Airlines Trans

Western Holdings .........

Gen. Tire & Rubber

113

United Corpn.

Sub-Nigel

March...mär

18.44 N

unquoted 18.87n.. 18.40b/45a

.08 up

155

May

18.34 N

18.52/52 18.42n

12.

United Corp. $3 cum pt.

723

Shell Trans

Trad

.08 up .08 up

Goodrich (B.F.)

111

United Gas Corph

...

(bearer)

53/9

Goodrich $5 pt.

*531*

"United Gas Improvement 121

Nat Defence Bonds, 3%

99%

CHICAGO WHEAT

Goodyear Tire & Co...

US., Industrual Alcohol....

172*

London-Midlands-Scot-

September

Great Northern Iron Ore

137

US. Rubber

tish, 3%

131

December

747/741. 761/76

741/747 781/76

-741/744 751/751

off off

Great Northern Rly, ptá.

US. Rubber $8 pfd.

76*

Great Western

Rail-

Great Western Bugar...

201

UB. Steel

50%

Nat. Bank of India. 3%

CHICAGO CORN

Greyhound Corpn.

Vanadium

way, 3% o štapnine sensa

September

62/621 021/811

611/011

7. off

Hercules Powder Co.

793

Vultee Aircraft

32*

December

589/581

59/58#

571/58

2. off

International Harvester ...

"40%"

Walworth Co.

31"

WINNIPEG WHEAT

Int Nickel

224

Warner Bros. Pict

July

711a

Inter. Paper & Power

7118

unch

Westinghouse Elec.

October

7388

731a

Int. Tel, & Fel

21.

73ja

Woodward Iron Cor

251

Kennecct Copper

281

Chase National Bank

December, .*****

7418

741a

Lakey Foundry & Mac.

National City Bank

NEW YORK HIDES

Glass 371

September

8.80/80 8.80/85

9.05/05

25 ip

December

9.02/03

9.08/12.

9.23/23

21 up

*--bid. 1- dir.

Spot, 22-3/184. Forward. 224.

Total sales for the day:-207 contracta.

New York Official 34-3/4 NY-London Cross Rate 3.86-1/2

34-3/4-

3.85-1/2:

1930/40

Change

155.92 111.84 30 Industrials

121.84

28.90 29 15. 20 Rails

17.70 18.03 Utilities

20.24 21.93

99.9% 8308 40 Bonda

88.02

65.67 45.59 11 Commodity Index 8103

122.09 121.19 121.93 29 up 28.39 26.12 28.35 Il up 21.95 21.85 21.92 .01 of 87.04 .08 off 50.97 .06..off Business Done:—210,000 sharos

Ready July 30 Settlement

Bombay, July 25 (Reuter). Market-Steady. Offtake 100 bara.

Indian Mine Silver

82-09 82-08 62-07

FEDERAL RESERVE SYSTEM

NEW YORK, "July 28 (Reuter). July 20 (1939) July 18 July 25

3000's omitted)

Bills Bought

1,000

Gudden Co.

"Libbey-Owens-Ford

July 28, 1940.

DOW JONES AVERAGE -

High Low Dow Jones Averages" July. 24, High Low Close

リン

LONDON. STOCK

EXCHANGE

LONDON, July 28 (Reuter?

EXCHANGE NOTES CONCLUDED

LONDON, July 26 (Reuter)-It is The Stock Exchange, in all sections, officially announced in London Improved on the larger volume of that exchange notes-were-signed- buying Kaftirs and the leadhg on July 21 between the Portuguese, industrials were particularly fea- Spanish and British Governments tured while glit-edged rallied after regarding the acquisition by Spain

SILVER MARKET

LONDON SILVER *** London, July 25 (Reuter). Sliver: Little" Indian Beilng.. Support poor. Market, qulet. In the afternoon, the market was. quietly steady.

BOMBAY SILVER

Aug. 28 Settlement

LONDON GOLD

London, July 25 (Reuter). Bar Gold, Fine per cz, 168]=

Total sales Wednesday:-42,500 bales

Total sales-330 tons.

Wednesday's sales:-15,320,000 bushels.

US." Securities held

Federal Reserve. Ratio- Pederal Reserve Credit Outstanding, „Monetary Gold Black...

Industrial Advance,

Change

up.

...04 up .02 up

2518.000 2,450,000 2,450,000 80.07% '89.29% 2,501,000 2,491,000 9,118,000 9,109,000

85.93% 2,537,000 12,657,000

16,191,000 23,258,000 20,367,000

염형

HONGKONG SAVINGS

BANK

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

For the HONGKONG & SHANGHAI BANKING CORPORATION.

V. M. GRAYBUEN,

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

THE CHASE BANK 15, QUEEN'S ROAD, CENTRAL

HEAD OFFICE;

18, PINS STAT

NEW YORK. An American Bank offering com plete Foreign Banking Servic in the principal Markets of the world.

Interest Rates on Application.

SAFE DEPOSIT, BOXES -

KUALA

MRAN

NEW YORK PRIPING

(Peking)

TONGIAN

(Bhuket)

* TSINGTAO

YOKOHAMA

FÖRLON EXCHANGE and General Banking Business transacted. CURRENT ACCOUNTS opened FIXED DEPOSITS received for One Year or shorter periods in Local or Other Oartenaica st rates which will be quoted on application.

SAVINGS ACCOUNTS also opened ig Local Currency and Sterling with interest allowed at räten obtainable on application.

The Bank's Head Offee in London

undertakes Executor and Trustee business, and claims recovery af British Income Tax overpaid, on tarms which may be ascertained at any of the Agencies and Branches.”

B. A. CAMIDGE,

Manager.

BANK OF EAST ASIA, LIMITED

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

Profits

6,588,800.00

..2,983, 281.50

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

Board of Directors:

SIR SHOPSON. Caow, Chairman Li Koon Chan, Esq. Li Lan Sang, Esq. P. E. Kok. Esq. Wong Chn Son, Buck«. Wong Tan Tong, Eaq. Kan Ying Po, Rag, Chan Ching Shok, EsqP Feng Fing Wah Eag KAN TONG PO, Esa, Chief Manager LITER FONG, Esq., Manager

Amoy.

Branches and Agencies:--

Horloos Ping Blogapore Lundm・・ Bangoon Borisbaya

Saigon

wato Kalbourne Ben Fran› Hydray“ Yagsaka

Bombay Manila

Haiphong

Haitow 7

New York Joakim

Sonalak

Kobe

| This Bank is entirely owned by

TEN

CHARI: NATIonal · · Bank NEW YORK, with Resources of o* 11.8.$7,900,000,000.

D. M. BIGGAR, **

Second Vice Pres

THE MERCANTILE BANK OF INDIA, LIMITED

Head Officos, Gracechurch Street. London, ECJ

Authorised Capital

Enbribed Capital ... ....

Reserve Fund and East;

Paid-up Capitāl

At WY BANKERA:

£2,000,000

£1,100,000

€1,050,000

21,284,530

The Bank of England and Midland

Bank, Ltd. BRANCHES

Kuala Trenggone Hadesa

19.81

Bombay

21707" Oslostia

Ipol Jaffa Kuantan

New Work

Oalamba Deltal

Karack

KADAY****

Pitagoon

| Gullest.

Kote Baard

Blurghat

INDO-CHINA

an early hesitance. The strength of wheat for her own use and of AM NAVIGATION COMPANY LTD, to the "market's approval of the To facilitate payments for the Operating Bervices for Cargo and Passengers

of the industrials was attributed Portuguese products, --

Budget provisions. Wall Street was dull..

BROKERS

LOANS

New York, July 25, 1940, *a

*Loan "on securities to brokers in, New York;

Week-ended

20/7/39 18/7/4025/7/40 $472,000,000 $287,000,000 $288.000.000

FRENCH OIL MEN ARRESTED BUCHAREST, July 28 (Reuter).

latter, Britain has agreed that pur

chuses to the value of £800,000 can be paid through

a British Spanish-clearing.

INDIAN TRADE COMMISSIONERS LONDON, July 20 Reuter)- According to the All-India radio, the Indian Government is consi dering a proposal to appoint Trade. Commissionere In Australia and Bouth Africa. Efforts are also be- ing made to expand trade with North and East Africa,

tine French managers and techni- mentioned in the recent Nazi

chan employed in the Runcadan White. Bỏók alleging “afi ̈'Allled'

TO-

SWATOW, SHANGHAI, TRINGTAU, CHEFOO

bon and TIENTSIN ...

KOBE and OSAKA"

SINGAPORE, PENANG and CALCUTTA

SANDAKAN

HAIPHONG

All steamers berth alonguide the Roosevelt Terminalia the French Concession at Shanghai where passengers and cargo are landed.

For further par

please apply

به هم

BARDINE MAT

BLA

off industry were arrested by the plot to sabotage the Rumanian ollEPHONE JOSII. GENERAL MANAGERS.

Rumanian police today. Ali = were | industry.

"Hongkong

Eunla Jáple” * Simila

Parls

Semarang Priping Shanghai

ADOVIT

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

Current Accounts opened in Local Currency and Fixed Deposita te ceived for one year or shorter periods in Local and Foreign Cur rencie ontering which will be quoted on application.

SAFE CEPOSIT BOXES TO LET.

KAN TONG PO,'

Chief Manager.

1 gal.

BANK OF CHINA

Specially Chartered by" THE NATIONAL GOVERNMENT

DIE OF CHINA AS AN

Howrah Enis Lumpur Singapore | INTERNATIONAL EXCHANGE" [DEONG-KONG BRANCH:

BANK AGUU N

Every description of Bankingőspd; Tage | PAID-UP CAPITAL $40,000,000.00. kasian transacted,

DEBRANCHES. ALL OVER: CHINA) *** TRUSTEE AND EXECUTORSHIP

Owing to our numerous Branches UNDERTAKEN

in China, and "connections in the principal Commercial Centres of the World, we are able to extend fo, our, Clienta special facilities for DIT BENSONITO Domestic and Foreign Banking and

Exchange

GUERENT LOCUSTS opered in Local Our ZDY WUZA" SANDYDOBris rebredosi CUTEDOT & STERLING on terms, that may be sacertalor-d on spy leatios.

What do

anle

BE!

!!!

you want

there

Manager,

Amali advertise the Hong kong Daily Press. words $1.50 prepaid

for 3 insertions,

Head Office: SHANGHAI

Hong Kong Branch DEMA, QUEENIS BOAD, O... 4 21.4South China Office: 5 CANTONG KONGMOON SWATOW BY STOISHAN*** SHLUCHOWY KINGOROWAN 12 We also habüile the line of Bonds and other Public Funds of The Chinna Government both at House and Abroad mot

1940-07-27 — Page 10

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