Adams Express .......
375
Alleghany Steel Co.
Allis Chalmers
52 3/4
2tuminium Ltd.
NEW YORK, Aug. 1, 1940.
Amer. Can
87
American Cyanamid B.
SINGAPORE RUBBER
SPOT OCT./DEC.
JAN./MAR,
Close Opening Closing Change On India:- Buyers Buyers
36-7/8 36-5/8 37 cts. 35-3/8 35-1/8 35-1/8 32-7/8 32-5/8 32-3/4
Amer. Foreign Power
Up 1/8 Off 1/4 Oft 1/8
Telegraphic Transfer. 139 1/2 and demand....... New York:-
Amer & Foreign $7 pf. ...
Amer. Locomotive
Amer. Metals Co...
Amer. Radiator
The market was idle. LONDON RUBBER
Amer. Rolling MI
Previous close Today's close..
42.3/4
Amer. Sting and Ring Co.
buyers
SPOT ......
12-7/8
buyers 13
Change Up 1/8
Amer. Sugar Refining
PAGE 10 HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
PAYNE & CO.
COMMODITY BROKERS STOCK - EXCHANGE . BUILDING
HONGKONG
COMMODITY MARKET✨ REVIEW
(FROM PAYNE & CO.)
Previous Aug. 1.
MONEY AND EXCHANGE
CLOSING QUOTATIONS
AUG. 2, 1940,
On London :—
Telegraphic Transfer, 1/7/ Bank Bills, on demand 1/2 7/8 Credits 4 months' sight 1/3 1/9
On Shanghai:—
On demand
On Singapore:-
On demand
On Japan:
On demand............
11
Bank Bills, on demand s2 7/8 Credits, 60 days" sight 24 "1A On Batavia:-
On demand" On Paris:-
NEW YORK STOCK EXCHANGE
STOCKS
QUOTATION
(REUTER'S SERVICE)
AUGUST 2, 1NG.
SATURDAY, AUGUST 3, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital....... $50,000,000.
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up 850,000,000 corporated by Royal Charter, 1855 ·
Reserve Funds:
Pald-Up Capital £8,500,000 Reserve Fund
....£3,000,000 ................£3,000,008
£3,000,000
H.K. Currency Reserve $10,000,000 Reserve ability of Pro-
prietors........
Chairman. Hon. Mr. J. J, Paterson,
Deputy Chairman.
HEAD OFFICE: LONDON:
38, Bishopsgate E.0.2. Sub-Agencies In London:
117/192, Leadenhall Street, E.0.2. West End Branch:
14/10, Cookspur Street, S.W 1. Manchester Branch:
52, Mosley Street, Manchester, &
AGENCIES AND BRANCHES:
ALOR STAR ANXITUAR BANGKOK BATAVIA BOMBAY
BARBIN
PENANG HOXU TONG, LANGOOR ILOILO
IPOX
BAIGON
BERELEVAN
Sterling
Last Sale
STOCKS
Last Sale
Reserve Liability of
Proprietors
$90,000,000
Aug. 1
Aug. I
51
Lockheed Aircraft
26+
Head Office:-HONG KONG
211
Loew's Inc. .....
241
33
Loft Incorperated...
231
88
Mack Truck Inc.
211
Board of Directors: H. V. Wilkinson, Esq.,
96
Martín, Glen L.
314
35
McKesson & Robbins, pid
22*
11
Montgomery Ward........
4th
141*
M'tain City Copper Co.
27
13.
National Aviation
10*
J. K. Bousfeld, Esq.," A. H. Compton, Esq.,
15*
Nat, Dairy Products .....
14
Hon. Mr. 8. H. Dodwell,
National Distillers
21
G. Miskin, Esq.
11
National Lead.......
17
K. S. Morrison, Esq.,
T. E. Pearce, Esq...
381*.
Nat, Fower & Light
71
C. C. Roberts, Esq.,
14+
National Supply Corp.
4*
Hon. Mr. A. L Shield,
CALCUTTA
XARAOHI KLANO
SHANGHAI
SINGAPORE
AUGUST
SEPTEMBER
OCT.-DEC.
JAN./MARCH
AFRIL-JUNE
......
......12-7/8-
12-3/4
....... 12-5/8
12-1/8 11-7/8
12-7/8 12-11/16 12-3/18 11-7/8
Up 1/B Up 1/18 Up 1/16
unch.
Bank Bills, on demand 1085 Credits 4 months' night 1160
Amer. Tel. & Tel
1621
New York Central
.12
Amer. Tobacco "p"
76
Niagara Hudson Power
41
Sir Vandeleur M. Grayburn,
AGENCIES: OLIVE STAT
ION
SITIAWAN
Chief Manager, Fatal Fac
KUALA ", "
HOURAMYA
Amer. Waterworks
N. American Aviation
164
"In Balgon:-
91
Ji
On demand
108
Anaconda Copper
201
North American Co.
20
Branches:
CATTION CAWEPORE
LUMPUR
TAIPING
KUCHING
TIENTSIN
Ya Manila:-
Atchison, T. & B, Fe,
Northern Pacific.
B1
151
On demand
45 3/4:
Aviation Corp.......
Owens-Illinois' Glass Co.
571
Amoy
Johore
41
Bangkok
Kobe
Rangoon Saigon
NEW
YORK, STOCKS:
Previous close, 120.14; Today's close,
London
New York
Japan
Paris
Prev. Today's High Low Close
9.42 0.37 9,39 3.39n unch. 19.33 19.33 19.37 19.33 .04 oft
76) 757 751 751 621 614 82 811 0.07 8,90 8.98b 9.00b
Sterling
Close, Change
Sellers
Opening
unch.
Spot Aug.
100
.02 up
Spot
}
Close 9.39/30 9.27/27
Opening
Closing
0.41/41
9,390
9.27/27
9.25/25
January {
)
9.16 N
9.15b/16a
9.140
March
.
}
...... 9.05/05
0.05b/06a
9.04
.01
May
C
>
8.86 N
July
C
8.66/66
3.80/80 8.86/66
8.84/84
off .02 off
Spot
(
10.10 N
3.04/64 10.17n
.02" off
.02 off
J Sterling Notes:-
Bank Buying" Rate... 1/5
Bar Sliver per o.................... 22. 5/16
The market was quietly steady. NEW YORK COTTON: Although continued inactivity of the mar- ket will probably last for sometime pending the Government Bureau report on August 8, and the approaching loan announcement, our opinion for May contracts to attain to 10-cents remains unchanged. CHICAGO WUEAT: The movement of Winter wheat is diminish- ing. The insufficiency of subsoll moisture for the Fall plowing and Shanghai Exchange seeding and the tightness of cash position are the coming market factor
126.13 Change, Of 01:
NEW YORK. COMMODITY MARKET
(REUTER'S SERVICE)
New York Cotton. Oct. New York Rubber, Alept. Chicago Wheat, Sept. Chicago Com, Sept. New York Hides, Sept. NEW YORK COTTON Oct. (New contract) ... December (
- Shanghal. Aug. 2 (Reuter).
Official TT. Rates"
Bendix Aviation
Elisa Co.,
Pacific Gas & Elec
201
Jn Bangkok:—
Baldwin Lecometive
151
Batavia
Kowloon San
On demand
·149-1/2
Baltimore & Ohio Barber Asphalt Co. Barnsdall Ou
Packard Motors
3+
37
Bombay Kuala
Francisco
Pan-American Airways
141
*10*
Calcatta Lumpur
Shanghai
Paramount Pictures
51
Canton
London.
Singapors
81
Pennsylvania R.R.
191
Chefoo Lyous
Sourabays
291
Bethlehem 'Steel
Philadelphia Read, Coal
·01"
Colombe
Malacea
Sungei
* ནཟླ བ% གནས
79
Phillips Petroleum
Dairen
Manila
33..
Patani
ני
14!
47
Boeing Airplane Co.
Public Service of NJ,
361
Foochow
Muar
Swatow
141
Pullman Inc....
191
Borg-Warmer
101.
Bankow
Murden Tokyo
Pure Qu
73
Harbin
Briggs Mfg.
19
Radio Corpå, of Am,
"42
Iloilo
Peiping
Opening
Budd M'facturing Corp.
31
Reading Company,
Com
13
Ipob
Penang
0/3-3/4
Canadian Pacific R'way
3
Remington Arms Co, Inc.
#*
-5-3/4
Case, J.L
50*
24-1/4
Republic Aviation Corp.
43
CURRENT
Celanese ..........
30
Republic Steel
171
20-3/4N
Chesapeake & Ohio
38
Revere Corp.
81*
Change
unch.
Total sales Wednesday: 30.800 bales.
NEW YORK RUBBER
September
December
January
March
May
א 18,69
18.45 N
19,37/38
19.30b/50 10.33/33
.04 off
18.90/90
18.88b/10.05a 18.81/09a
09. off
18.81 N
unquoted 18.73n
.08 off
18.85b/90a 18.61
.08 on
18.46n
01
13p
Total sales:-20 tons.
Wednesday's sales:-16,024,000 bushels.
December
CHICAGO WHEAT
September
751/76".
December
..... 761/761
752/76 702/789
76/757 788/761
unch. unch
CHICAGO CORN
September
62/621
627621
December
.58@/589.
584/583
611/614 584/521
WINNIPEG" WHEAT
July
713a
October.
73 a
73ja
December
74ła
deleted 73la 74 a
unch.
8.92/92.
9.18b/20a 9.13/13
.9.00b
9.15/18
.02 up .03 of
34-3/4
3.88-1/2
|
NEW YORK HIDES
Septemberén ...... 8.98b/0.02a
Total sales for the day: 58 contracts. New York Oficial....... 34-3/4
NY/Landon Cross Rate.. 3,83-1/2
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
London Aug. 1. The following quotations are the middle prices at the close of the market in London. "All quotations
.02 off
Hongkong ... 24-7/8
Closing 0/3-55/64 0/3-53/64 0/3-55/60/3-53/64 U.S. Dollars
$5-15/16 $5-7/8 Aug....... 5-20/32 5-27/32 Market:-Inclined to be easy.
62 of Calcutts Exchange
0-1/2 off 0-1/8 off
LONDON GOLD
London, Aug. 1 (Reuter).
Bar Gold. Fine per cz, 138/-
Fientsin-Pukow Rly. 5%
(Brit. Stpd. Supl. Loan) 8 Tientsin-Pukow Rly, 54
(Ger. Stpd. Supl Loan) 8 Jap. 5% Ster. Loan, 1924 24 responsibility is assumed for errors Ger. 1% Intl. Loan, 1924 5
are subject to confirmation and no
•
Calcutta, Aug, 1 (Reuter).. T.T. on Japan, 85-1/4.
LONDON STOCK EXCHANGE
LONDON, Aug. 2 (Reuter) -- On the Stock Exchange yesterday.
generat although
trading was qulet there were some good spots, chlef "being oils which sharply strengthened following the United States restriction on exports of aviation spirit, which the market |considered "bullish" for shares of olj companies operating within the British Empire.--
Gut-edged holdings were higher, Katfirs were inclined to strengthen and industrials were irregular Wall Street was indecisive.
SILVER MARKET
LONDON SILVER “
London, Aug. 1 (Reuter), Silver: Market quiet and fea- tureless. Business small. In the afternoon, the market was quiet with no business,
Spot, 23-5/161. Forward, 22-1/10d.
LONDON. METALS
Ma,
EXCHANGE
London, Aug, 1 (Reuter);
Standard, Cash, Middle
Price. £287-7/8.
Tin, Standard, 3 months, Middle Price, £267-5/8.
Du Pont de Nemours
Eaton Mfg. Co.
Elec, Autolite
Gen, American Trans. Gen. Electric Gen.. Motors Gen. Rallway Signal Gen. Tire & Rubber Glidden Co.
Goodrich (BF)
Goodrich $5 pf.
35.90 15 20 Rails
91 12.83 05:40. Bonds
Chrysler Corpn.
-731
ReynoldTM Tobac "B"
734-
Columbia Gas & Rec.
51
Safeway Stores
..44
Commercial Credit Co.
291"
Schenley Distillers
104
Com, & Southern (Ørd.)
11
Scars. Roebuck
7.61
Consolidated Edison ...
29}
Shell Union Of
81
Consolidated '01
of
Socony-Vacunum Cl
B
Continental Can
38
Southern Pacific
81
Continental Cl
18
Southern Rly 35 bfd.
171
Copperweld Steel
181
Spicer Manufacturing. Co. 26
Curtiss Wright (C)
71
Standard Brands
Br
Curtiss Wright "A"
2+1
Stand Gas & Elec...
11
Deere & Co..
16
Standard Oll of California
18}
Distillers Corp Seagrams Douglas Aircraft`
161
Standard Oll of NJ.
331
72
Stone & Webster
73
165
Studebaker. Com
71
Eagle Picher Lead
in.
72*
Swift International
19
32.
Technicolor"
9%
*
341
Texas Corpn.: ...........
377
Elec. Bond & Share
8
Texes Gulf Sulphur
314
Elec. Bond & Share $5 p.
61
Timken-Axte
241
Hong Kong. 28th Feb., 1939.
Elec, Bond & Share $6 pi.
697
Trans-America' Co.
5
Elec. Power & Light $7 pf. Flintkote
338
20th Cent. Fox.
.14
Union Bag & Paper Corp.
121
476
Union Carbide & Carbon
702
34.
Union Pacific
83*
*
454
United Aircraft
37
112.
United Airlines Trans
171
11
United Corpn
1F
127
United Corpn. $3 cum pf. 34
121
United Gas Corpn.
: 11
517
United Gas Improvement
12
Goodyear Tire & Co.
15"
U.S.. Industrual Alcohol.
18.
world.
Great Northern Iron Ore .. 14. Great Northern Rly, pfd. " 24. Great Western Sugar.
U.S. Rubber...
194
UA. Rubber $8 pid.
03
201
U.S. Steel
534
Greyhound Corpn.
111
Vanadium
301
Hercules Powder. Co,
81
Vuites Aircraft
International Harvester
401
Walworth Co.
#
Inter. Paper & Power Int Nickel
221
Warner Bros. Pict: ......................
24
141
Westinghouse Elec......
99$
17,8. $1,900,000,000.
int. Tel & Tel
21
Woodward Iran Cor.
264
Kennecott Copper
274 Lakey Foundry & Mac. ........ 3* Libbey-Owens-Ford Glazs 401
Chase National Bank National City Bank .......
DOW JONES AVERAGE ·
1939/40
High Low Dow Jones Averages 156.92 11184 30 Industrials. "
17,70 1303 20 Utilities
65 67. 45.59 11 Commodity Index 61.07
Aug. 3, 1940 July 31, High Low Close Change 126.14 12538 125.57 128.13 ".01 off
26.92 27.08 28.80 26.95
03 ap 22.70
-29 94 -82.78 29,43 .13 up 88.38
1.88.45
07 up 50,87 .20 off Business Done --330,000 shares
Haiphong (Johore) Tientsin
"New York Tsingtao
Yokohama
;}
HAIPHONG
VEDAN NEW YORK PEIFING
(Peking)
TONGKAR
(Bhuket)
TEIN ⱭTAQ YOKOHAMA
FOBRION EXCEANOE and Genoral Banking Business transacted.
CURRENT Accouam opened and FIXED DEPOSITE received for Ope Year or aborter periods in Local or Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with ACCOUNT opened in interest allowed at rates obtainable LOCAL CURRENCY and FIXED DEPOSIT on application. received for one year or aborter] The Bank's Head Office in London periods in Local and other Car- undertakes Executor and Trustee rencias On terms which will be usiness, and claims recovery of quoted on application.
British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.
R. A. CAMIDGE,
Manager.
4
ALSO up to date SAFE DEPOSIT Boxes in various sizes To Lan Hong Kong, 28th February, 1940.
HONGKONG SAVINGS
BANK.
The Business of the above Bank s conducted by the HONGKONG & SHANGHAI' BANKING COR. PORATION. Bules may be obtain ed on application.
For the HONGKONG & SHANGHAI BANKING CORPORATION.
7. M. GRAYBURN,
Chief Manager.
THE CHASE BANK
M."
15. QUEEN'S ROAD, CENTRAI
HEAD OFFICE:
19, PIXE STREIT,
NEW YORK An American Bank offering com plete Foreign Banking Serrio in the principal Markets of the
Interest Rates os Application.
SAFE DEPOSIT BOXES
www.
This Bank is entirely owned h
THE CHASE NATIONAL BANK New York, with Resources of ore
D. M. BIGGAR,
Second Fise Pre
THE MERCANTILE BANK OF INDIA, LIMITED
Head Omen:~5, Orscachurch. Street, London, B03
BANK OF EAST ASIA, LIMITED
5,599,800,00
Paid-Up Capital .......... Authorized Capital.....$10,000,000.00
Reserve and Undivided
Profits....
Read Office:-HONG KONG
No. 10 Ben Voeux Road, Central
Board of Directors:
SIE SHOPSON Caow, Chairman
Li Koon Chua, Esq. P. K. Kwok. Eng.
A Lan 'Sung, Eng. Wong Cha Son, Esq. Wong Tan Tong, Esq. Kan Ying Poy. Chan Ching Shuk, Gag, Fang Ping Walking KAN TONG PO, Esq, Chief Manager... LI Tax Foxo, Esa, Manager
Amoy
-
Branches and Agencies:- -
Bortiona fenang Blogapore Bataria"." Loudou Bangoon Bourabaya Bozbey Mi
Balgun Bwatow
Melbourne Ban Tena. Sydney
New York Seattle
Shangbul
Testain -
Every description of Banking and Exchange business transacted. Loans granted on approved securities
Current Accounts opened in hocal Currency and Fixed Deposits re- ceived for one year or shorter periods in Local and Foreign Cur rencies. on terms which will be juated on application.
SAVE DEPOSIT BOXES TO LET.
KAN TONG PO,
Chief Manager.
U
KADRAS
COLOMBO
KANILA
DELA1
HAMBURG HANKOW
..
2,983, 281.50
די
Ohiottia Balphong
Bankow
Bonalula
anbe
Regrance
MARCO
Peiping
Authorised Capital
Babaribed Capitai Palda Ospital
Reserve Fund sad Bost,
1,900,000
1,000,000
€1,244,639
Bangkok
Ipot.
Bombay
エル
Kadena
Konta
New York
Colombe
Kandy
Dalbi
Kazachi
Pening Rangoon
Shade
Kota Bharar
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating, Services for Cargo and Passengers
in transmislom.
£
War Loan, 34%
after 1952) Canton-Kloon Rly. 5% 8
(Red
907
Chartered Bank HK. & 8hal Bank (Ldn.
Reg.) ELK & Shai Bank (Col.
8-15/16
63
Reg)
Chinese 41% Gold Loan
1898 (Brit. Issuet
30
Chinese Eng & Mining
(bearer)
Chinese 5% Gold Bonds,
1926-47......
Chosen Corporation
35
Pekin Byndicate
Chin. 41% Anglo-French
S'hat Elec, Constr. Co.
18
Loan, 1908...
44
8'hai Waterworks “A”
13!
TO
Chinese 0% Crisp Loan
Union Insurance
20
13
Gula Kalampong Rubber 15
Chinese 5% Reorg. Loan,
B.-A. Tob, (bearer)
73/9
..............
ta
Mercantile Bank
112
Dunlop Rubber
26/9
Bristol Aeroplane
9/11
Imperial Chemical Ind. 24/74-
United steel....
17-
Woolworths
53/-
Maraman Investments
Western Holdings
Sub-Nigel
7/6. 7/0 -152/6
Shell Trans
Trad
33/9
1913 (Ldn. IS.) Chinese 8% Eter, Notes,
1925 (Vickers)
Chin: Imperial Rly, 5%
Loan Honan Riy, 5% Hukuang Rly. 5%, 1911... KELP. N/Y. :Issue)"
Hukuang Rly. 5%. 2011 Cherman Taque) ............ji. Lang Tsing & U1⁄2 Hai
Rly 6% 1913
8′hal N'King Blz. 6% 7 Tientam-Pukow - By, 6%
MEZIŁ Stpd) E Tientsin-Pokow Fly 5% (German Stpd.).............
bearer
Nat Defence Bonds, 3% 100-8/8.
London-Midlands-Scot
tish 3% casermayer
Great Western Rail
Nat Bank of India 8% 28
way 3D
SWATOW, SHANGHAI," THINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG ::
All steamers berth alongside
the Roosevelt Terminal în
the French Concession,at Shanghai, where passengers and cargo are landed.
For further particulars
please apply to
JARDINE M
TELEPHONEOLINERAL MANAGERS
BANKERS:
Bank, Ltd.
The Bank of England and Midland
BRANCHES::
Hongkong. Kanla Lipis Howrah.
Kula. Trenggaan
Shanghai
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
MAN BANK !! PAID-UP CAPITAL $40,000,000.00 (BRANTEE ALL OVBE CHINA) Owing to our numerous Branches in China and connections in the principal Commercial Centres of CURRENT ACCOUNTS opened, in Local On the World, we are able to extend andyan FIXED DEPOSITS rewed in Local to our Clients special facilities for Ourzemes & STERLING 66 teme: that may be severalred on spy 1cation:
Domestic and Foreign Banking and Exchange.
Kuala Lipue Slugspor HONG KONG BRANCH: Every casription of Banking and Exchange TRUSTEE AND EXECUTORSHIP
UNDERTAKEN.“
business- STADOREted,
D. BENSON,
What do
Mapiger,
Head Office:--SHANGHAI My My Hong Kong Branch!! 4. QUEEN'S ROAD, O. South China Office CANTON
KONGMOON
you want? | SWATOW TUISHAN
It there
you wan
anything buy or
sell
try Classifed ment
Hone
25 word $50 mard
insertions,
SHIUCHOW KINGOHOW
We also handle the issue of Bonda and other Public Funds of the Chinese Government bath at Home and Abroad
BHOU CHEN,
Manager
No comments yet.
Private notes are available after approval.