Adams Express
Alleghany Steel Co...
Allis Chalmers
390
Aluminium Ltd.
59 3/4
NEW YORK, August 13, 1940.
Amer. Can
...
On demand
82 1/3
SINGAPORE RUBBER
Previous Clase
August 13 Opening Closing
American Cyanamid B.
Change
Amer, & Foreign Power ...
On India:
Buyers
Buyers
AmerForeign 37 pf. ...
Telegraphic Transfer.
82 1/2
SPOT
-36-7/8
37 cts.
and demand...
OCT./DEC.
On New York:-
JAN./MAR,
"35-1/2
33
35-5/8
37-1/4 35-3/4
up 3/8
Amer, Locomotive
up 1/4
Amer. Metals Co.
33-1/8
33-1/2
up 1/2
Amer. Radiator
Amer. Rolling Mill
On Batavia:--
On demand
The market was quiet. LONDON RUBBER
Amer. B'ting and Ring Co. 34
Previous close Today's close
Amer. Sugar Refining
SPOT
***
SEPTEMBER
OCT.-DEC.
On Baigon
JAN./MARCH
buyers 13-1/16 13 12-7/8 12-5/18
buyers"
Change
Amer. Tel, & Tel
13-1/8
up 1:10
Amer. Tobacco "B"
13-1/8 13
up 1/8.
Amer, Waterworks
up 1/8
12-3/8
Up 1/16
Angcanda Copper à
Atchison, T. & S. Fo..
On demand. 4 3/4.
APRIL-JUNE
11-15/16
12
up 1/10
Aviation Corp...
On Manila;-
Baldwin Lecometive
43 1/2
Baltimore & Ohio
Barber Asphalt Co.
were
un-
Barnsdall Ou
Bendix Aviation
Bethlehem Steel
Buss & Co.
Boeing Airplane Co.
Borg-Warner
Briggs Mig.
Budd M'facturing Corp.
"Canadian Facific R'way
London ...
New York
11
*45***
Japan
Paris
Hongkong
Sterling
Opening " Closing
Spot -0/3-23/32 0/3-45/84
Opening 0/3-5/8
NEW YORK STOCKS: 122:98 Change, off 4.28.
5-3/8 22-3/4
20N
24
Sellers
Case, JI
Celanese.
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
AUGUST 14, 1940.
On London:----
Telegraphic Transfer. 1/2 7/8 Bank Bills, on demand 1/2 7/8 Credits 4 months' sight 1/3 1/2 On Shanghai:-
On demand
On Bingapore:-
On demand.
On Japan-
8.8 8 8 8 8 8 8 8 8 8
Bark Bills, on demand 21 3/4 Credits, 60 days sight 92 7/8
On Paris:-
....... 10.3/4
Bank Blils, on demand 1083. Credits 4 montha' sight 1160
On Sterling Note:--
Bank Buying Rate... Bar Silver per oz.
1/5.
23 1/2
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
22
HONGKONG
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
The market was steady with little outside buying.
On demand On Bangkok:-
situation On demand... 149 1/2 ed realizing, the weakness of stocks together with the uncertainty
with regard to the outcome of the European favourable factors. The trade wasa consistent buyer.
NEW YORK COTTON: Hedging was on a small scale." Scatter-
Shanghai Exchange
Shanghai, Aug. 14 (Reuter).
Official T.T. Bates
NEW YORK RUBBER: The market acted well, considering the behaviour of other markets.
CHICAGO WHEAT: There was fair support on the dip, follow- Ing the weakness of the stock market and favourable weather news. The cash situation is the dominant influence, with the premium re- maining firm in all domestic markets.
Previous close, 127.26; Today's close,
NEW YORK STOCK EXCHANGE
STOCKE
QUOTATION
(REUTER'S SERVICE)
AUGUST 14, 1940,
National Lend
THURSDAY, AUGUST 15 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital...... $50,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up 800,000,000 Incorporated by Royal Charter, 1858-
Reserve Funds:
Paid-up Capital...................£3,000,000 Sterling
£6,500,000 Reserve Fund...,000,000
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro-
Board of Directors:
Clairman.
Deputy Chairman.
Hon. Mr. 8. H. Dodwell,
prietors...
„£3,000,000 HEAD OFFICE: LONDON: 38, Bisbopagate. E.0.2. Sub-Agencies In London:
117/199, Leadenhall Street, E.0.3. West End Branch: 14/18, Cockspur Street, S.W 1. Manchester Branch:
62, Mosley Street, Manchester, 2 AGENCIEË AND BEANCHES:
¡LOR STAR AMBITHAR
LANGKON
| BATAVIA
BOMBAY
HARBIN
PENANG HONG KONG RANGOON
SAIGON
KOILA
LPON
KLANG
AGENCIES: "FORE
Chief Manager. | FAIRMAX Placă
CANTON
BEREMBAN
• KARACH
SHANGHAI
CALCUTTA
INGAPORE
SITIAWAN
OLIVY STREET KUALA
ЗОСВАРИТА
LUKTUR
TAIPING
KUCHING
TIENTSIK
KADKAH
MANILA
MEDAN
deserve Liability of
Last Sale
STOCKS
Lart Sale
Proprietors
$90,000,000
Aug 13
Aug. 13
5.
Lockheed Aircraft
· 233
Head Off-HONG KONG
191
Loew's Inc.
24
30
Loft Incorperated ......... 204
70*
Mack Truck Inc.
21
H. V. Wilkinson, Esq.,
$5
Martin, Glen L.
284
317
McKesson & Robbins, pfd.
201
Hon. Mr. J. J. Paterson,
14
Montgomery Ward ...
30+
14)
M'tain City Copper Co.
114
National Aviation
J. K. Bousfeld, Esq., A. H. Compton, Esq.,
14
Nat, Dairy Products
133
.
National Distillers
201
G. Miskin, Esq.,.
K. 8. Morrison, Esq.,
*101
16
T. E. Pearce, Esq.,
Nat Power & Light
72.
O. C. Roberta, Esq.,
121
National Supply Corp.
51
1601
New York Central
Niagara Hudson Power
Hon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,
81..
N. American Aviation
151
19
North American Co.
15
Branches:
WMPORI
Chesapeake & Ohio
Chrysler Corpn.
Columbia Gas & Elec. .....
NEW YORK COMMODITY MARKET
Commercial Credit Co...
(REUTER'S SEKVICE)
Aug.
Sept.
8/3-45/64 0/3-11/16
0/3-23/32 0/3-45/64 New York Cotton, Ozt.
New York Rubber, 'Sept.
High Low 9.38 9.26 19.40 19,36
U.&. Dollars
Chicago Wheat, Sept......................
+
74 721
Prev. Today's
Close Close Change 9:34 9.29 .05 off 19.37. 19.40b ..03 up
741 731
Com, & Southern (Ord.) ... Consolidated Edison ....... Consolidated 1 Continental Can
Continental ou
Copperweld Bleel
1 off
Ourtiss Wright_ (C.)
Spot
$5-1/2
$5-16/33
Aug.
5-16/32
5-15/32
Chicago Corn. Sept, qu...KATONÁPADNÉ New York Hides, Sept.
61)
80%
602
601
קט !
Curtiss Wright “A”
8.80 8.37
8.85N 8.41
44 of
Deere & Co..
Sept.
-
5-7/16
5-13/32
NEW YORK COTTON
Close
Opening
Closing
Change
Distillers Corpn. Seagrams
Market--Inclined to be Easy.
Douglas Aircraft
Oct. (New contract)
9.34/34
9.38/37
9.29/30
.05 öff
Du Pont de Nemours
India Rupee Paper
December (
>
9.34/34
9.34/34
9.27/27
.07 off
Eagle Picher Lead
January
{
}
9.24 N
9,23b
9.17n
.07 off
Eaton Mfg. Co. v.
Bombay, Aug. 13 (Reuter). Covt. 31% Rupee, 89-13-C."
March
(
-9.23/23
8.23/23
9.15/15
.08 off
Eles. Autolite
May
>
9.03/03
9.05/05
8.96/96
07 · Off
Elec. Bond & Share
Calcutta Exchange
Calcutta, Aug. 13 (Reuter). TT on Japan. 82-1/$.
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
London, August 13.
The following quotations are the middle prices at the close of the September market in London. All quotations December are subject ta cónfrmation and no May responsibility is assumed for errors in transmission,"
July Spot
}
8.85/86
8.87/87
3.79/79
.00 off
Elec Bond & Share $5 pi.
9.89 N
9,840
.05 of
Elec Bond & Share $6 pt.
Total sales Monday:-100,000 bales."
"Elec. Power & Light 37 pf.
NEW YORK RUBBER
Pintere
Gen. American Trans.
September
19.37/37
19.38/40
December
19.01/01
January
18.93 N
March
May.
July
18.78 N 13.58 N unquoted
19.40b/42 19.05b/102 19.06/08 unquoted 12.97n 18.84b/95a.
.03 up
Gen. Electric
.05 up
Gen. MotorA
.04 up
Gen. Railway Signal
www.
18.80b 18.60m unquoted
.02 up
Gen. Tire & Rubber
.03 up
Gkdden Co. .............
Goodrich (B.F.)
Total sales-420 tons. CHICAGO WHEAT
Goodrich $5 pt.
Goodyear Tire & Co.
Great Northem Iron Ore.
742/743
751/752
731/731 751/75
730/13)
742/743
on
762/761
751/751
off
88
Great Northern Rly, pid.
Great Westem Sugar
Greyhound Corpn;
Monday's Sales:-12,964,000 'bushels. CHICAGO CORN
"Hercules Powder Co, .....
International Harvester
£
War Loan, 31% (Red
after 1952)
September
801/601
602/601
81/601
Int Nickel
up
December
56/58
50/56
501/561
up
"Inter. Paper & Power
99-15/18
Int. Tel. & Tel,·
Danton-Kloon Rly. 5% 7
WINNIPEG WHEAT
Kenireco Copper
Chinese 41% Gold Loan
October
731a
73 a
1898 (Brit. Iaue) ......
30
Chinese 5% Gold Bonds,
1025-47
Chin. 41% Anglo-French
Loan, 1908
Chinese 5% Crisp Loan,
35
44
1912
12
Chinese 5% Reorg, Loan,
· 1913 (Ldn, Is)
Chinese 8% Bter. Noten.
1925 (Vickers)
9
Chin. Imperial Rly. 6%
Loan
Homan Fly, 5%
Hukuang Rly, 5%, 1911...
(LP: N/Y Issue)
བྷཐུ སྒྱུ 8 ཐ་;。ཧྥུ་8
December
7411
731a 7418
unch. unch.
Lakey Foundry & Mac.
Libbey-Owens-Ford Glass 361
NEW YORK HIDES:
September
8.85 N
2,80/80
December
9.05/05
9.00/01
8.41/41 8.55/58
.44 'off
.56 off
Total sales for the day:-367 contracts.
New York Official
34-3/4
34-3/4
NY-London Cross Rate 3.98.
4.00-1/1
18
38
12
Butuang Riy. 5%. 1911
The Stock Exchange was favour-
(German Larue)
11
Lang Tsing & . Hal
Ray, 5% 1913
12
6'hal-N'King Rly. 5%... Tientsin-Pukow Rly. 5%
(Brit. Stpd.) Tientsin-Pakow Rly. 5% (German 8tpd.) · maner Tientsin-Pakow Rly. 5%
(Brit. Stpd. Supl Loan) 8 Tientsin-Pukow Rly. 5%
Ger. Stpd. Supl Loan) 8 Jap. 5% Ster. Loan, 1924 26 Ger. 7% Intl Loan, 1924 5. Chartered Bank ...
LONDON STOCK
EXCHANGE
LONDON, August 14 (Reuter)—
SILVER MARKET
LONDON SILVER
London Aug. 13 (Reuter),
Silver: Little speculative for-
able. News of the recent air acti-word buying. Business very small
vity was responsible for the marked Market quilet. In the afternoon,
improvement of market sentiment
with a consequent up movement
in prices in all sections under lead, gilt-edged and industrials.
More buying was reported praç-
tically in all groups.
Wall Street was irregular.
the market was quietly steady.
Spot, 23-1/241.
Forward, 22-5/8d.
BOMBAY SILVER
Bombay, Aug. 13 (Reuter). Markét-Quiet but steady. Off- take 25 bars. ...
LONDON METALS
EXCHANGE
London, Ang. “13 (Rauter).
Indian Mint Silver
Ready
83-05
Mercantile Bank
11
Dunlop Rubber
28/11.
Aug. 28 Settlement Sept. 25 Bettlement
83-05 63-05
Bristol Aeroplane". 9/101
63
Imperial Chemical Ind. 25/10
HK. & Shal Bank (Lán."
Reg.)
United Steel.
-17
81
Woolworths
55/3
HK & Bhat Bank (Col...
Reg)
Marsman Investments
8/0
67
Western Holdings
7/0
Ohmese Eng & Mining
Sub-Nigel
152/6
Shell Trans & Trad.A
Chosen Corporation
(bearer)
31/101
Pekin Byndicate
What Elec. Constr. Co
Nat Defence Bonds, 3% 1004. London-Midlands-Scot-
Bhal WaterwOTER. “A”
131
tistis 5%
12
Untón Insurance
Great Western Rail-
Gala Kalumpang Rubber 14/3 B-A Tob. (bearer) .........
Nat Bank of India 3%.
27-3/4
74/ų
way. 3
251-
Tin. Standard, Cash, Middie Price, £283-1/8,"
Tin, Standard, 8 months, Middle |Price, £283-7/81006/
LONDON GOLD
London, Aug 13 (Reuter) Bar Gold Fine per az 168/-
1939/40
DOW JONES AVERAGE
High Low Dow Jones Averages 155.99.111.84 20 Industrials
-35.90 22.1530 Rails
27.70 18.03 20 Utilities
9% 21 83.0840 Bonds
Aug. 14, 1940
Aug. 11, High Low Close Change
126:49 122.84 19.298 4.28 of
27.06. 26.30 28.54 84 off 29.43 1.90 21.95 .80) ar
Patani Swatow
(Johore) Tientsin Mukden Tokyo
Penang
Tsingtao Yokohama
CURRENT ACCOUNTS opened
NEW YORK
PRIPING
HANKOW (Peking)
ני
TONGKAM
(Bhuket)
BINOTAC
TOKOHAMA
FOREIGN EXCHANGE and Generat Banking Business transacted.
CURRENT ACCOUNTE⋅ opened - and FIXED DEPOSITs received for Ons Year or, shorter periods in Local or Other Currencies at rates which, will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with in interest allowed at rate obtainable
LOCAL CURRENCY and ExXED DEPOSITS on application.
The Bank's Head Office in London' received for one year or shorter periods. in Local and other Cur- undertakes Executor and Trustee rencies on terms which will be business, and claims recovery of
British Income Tax overpaid, on .
quoted on application.
Atso up to date SAFE DEPOSIT terms which may be ascertained as Boxxa in various sizes To La
any of the Agencies and Branches. Hong Kong, 28th February, 1940.
R. A. CAMIDGE,
Manager.
HONGKONG SAVINGS
BANK
The Business of the above Bank
is conducted by the HONGKONG & SHANGHAI BANKING COR PORATION, Bales may be obtain- ed on application.
For the HONGLONG & SHANGHAY BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager.
15, QUEEN'S ROAD, CENTRAL.
HEAD OFFICE:
(6, PINE STREST,
NEW YORK An American Bank offering · com plete Foreign Banking ServiO in the principal Markets of the world. Interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by THE CRAS NATIONAL BANK. New You, with Resources of or U.B.$3,904,000,000.
D. M. BIOGÅR,
Second Vice Pre
Ajob?
WANT ADS
INDO-CHINA
BANK OF EAST ASIA, LIMITED
Authorised Capital......$10,000,000.00 Paid-Up Capital 5,598,600.0F Reserve and Undivided
Profita...
2,963,261.50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central,
Board of Directors: · SIE SHOPSON CRоw, Chairman Li Koon Chan, Esq. Li Lan Bang, Esq. P. K. Kwok, Esq.
Wong Cha Son, Esq. Wong In Tour, Esq. Kan Ting For Raq.
| Chan Ching Shot, Esq. Fing Ping Wan Ban
KAN TONG PO, Esq., Chief Manager |Li Tam Fong, Esq., Managër
Branches and Agencies:
Korloan Penang
Hingapore Loudon --**- Hangons » Bonrabaya. Manila Bayon Bestow Melbourne De Fria Bydney
lacohentals
Shanghal
courer
Every description of Banking and Exchange business transacted. Loaur granted on approved securities.
Current Accounts epened in Local Currency and Fixed Deposita re- caived for one year or shorter periods in Local and Foreign Cur rencien on terms which will be quoted on application.
SAVE CEPOSIT BOXES TO LET.
-KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by
THE NATIONAL GOVERNMENT
“
OF CHINA AS AN
INTERNATIONAL EXCHANGE vendo por BANK
PAID-UP CAPITAL $40,000,000,00
STEAM NAVIGATION COMPANY (BRANCHES AGE OVER OMINA)
Operating Bervices for Cargo and Passenger
TO
"SWATOW, SHANGHAI, TSINGTAU, CHEYOO
and TIENTSIN.
KOBE and OBAKA.
SINGAPORE PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers bortir alongside the Roosevelt Terminal in the Froach Concession at Shanghai, where passengera and cargo are landed
For further
pless
LEPHONI
NAGERS
Owing to our numerous Branches in China and connection 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 Choma Oficer
UAN TONGA
SWATOWZIN
SHIUCHOW
KONGMOON TOISHAN,
KINGCHOW
|– We also handle the iuse of Bonds and other Publis Fanda oftas Uhinese" Government both at Homa and Abroad
"SHOD J, CHEN
mager
15
Northern Pacific-
5+
CIBD
44
Owens-linois Glass Co.
51
Amoy
Bangkok
Johore Rangoon Kobe
Saigon
14
Pacific Gas & Elec
29
COLOMBÓ DELAI
Batavia
Kowloon
San
31
Packard Motors
31
HALPHONG
Bombay
Kuala
Francisco
94
Pan-American Airways
131
Calcutta
BAMBURG
Lampar
Shanghai'
81
Paramount Pictures
St
Canton
London
Singapore
28+
Pennsylvania" RR
191
Chefoo
Lyonk
Sourabaya
741
Philadelphia Read, Coal
Colombo
Malacca
Sungei
12
Dairen
Manila
Phillips Petroleum
Foochow
Munr
13
Public Service of N.J.
354
18+
Haiphong
Pullman Inc....
19
Bankow
-184
Pure "Oll
Harbin
New York
31
Radio Corpn. of Am.
41
Iloilo
Peiping
3
Reading Company,
Com 124
Ipoh
491
Remington Arms Co., Inc.
41*
274
Republic Aviation Corp.
362
Republic Steel
16
891
Revera Coriz
81
5}
Reynold Tabac. "B"
33
301
Safeway Stores
423
1
Schenley. Distillers
275
Sears Roebuck
761
61
Shell Union on
372
Socony-Vacunum Ofl
174
Southern Pacific
171
Bouthern Rly $5 pid.
167-
7
Spicer Manufacturing Co. 263
241
Standard Brands
6k
151
Stand Gas & Elec.
17
18
Standard Oll of California 181
671
Standard Of of NJ.
331
162
8tone & Webster
77
Studebaker Com,
7
281
Swift International
171
321
Technicolor
91
51
Texas Corpn.
354
601
Texes Gulf Sulphur
3D
GBL
Hong Kong, 95th Feb, 1938.
Tunken-Axle
22
311
Trans-America Co.
42
13
20th Cent. Fox.
64
481"
Union Bag & Paper Corp. 111
THE CHASE BANK
321
Union Carbide & Carbon 681
461
Union Pacific
84
11.
Urifted Alreraft
34
104
United Airlines Trans
151
121
United Corpn.
14
11
491..
United Corpn. $3 cum pf. 351 United Gas Corpn.
1
141
United Gas Improvement 11
131
U.S.. Industrual Alcohol.
171
213
US. Rubber
18
20
US. Rubber $8 pfd.
824
104
U.6. Steel
501
19
Vanadium
281
¿may
Haiphong
Jaguars
Bantow
New York
Homeinin Labe
Parke
Bemazio
Peping
391
Vultee Aircraft
管你
231
Walworth Co.
31
14
Warner Bros. Pict
23
.21*.
Westinghouse Elec,
251 3.
Woodward Iron Cor. Chase National Bank National City Hart'
281*
221*
*-bid
1- div.
197.25
27.29
22.55
12.08
65.67 45.59 11 Commodity Index 30.53
87.58 .50 off 50,00
48-off. Business Done--640,000 shares
No comments yet.
Private notes are available after approval.