1940-08-16 — Page 10

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

AUGUST 15, 1948.

On London:---

Telegraphic Transfer, 1/2 7/* Bank Billa, on demand 1/2 7/9 Credits 4 months' sight 1.3 1/8 On Shanghai..

On demand

On Bingapore:--

PAYNE & CO.

COMMODITY BROKERS STOCK EXCHANGE BUILDING

HONGKONG

COMMODITY MARKET REVIEW

Telegraphie Transfer,į,

and demand)

Bank Bills, on demand 31 3/4 Credits, 60 days' sight 22 7/8

On Batavia:-

On demand .......... 40 3/4

On Paris:--

"Bank Bills, on demand 1083

Credits 4 months' sight 1180

SPOT

On Balgon:-

On demand...

On Manila:-

On demand

On Bangkok:-

On Sterling. Notes:-

Bank Buying Rate

1/5

Bar Silver per os.

93 7/16

On demand

(FROM PAYNE & CO.}

Shanghai Exchange

The market was steady.

NEW YORK COTTON: Limit buying by, the trade furnished 149 1/2-demand which was offset by Bombay selling and Southern hedging. Reports of storms in parts of the cotton belt but are losing force as a factor,

Shanghai, Aug. 15 (Reuter).

NEW YORK RUBBER: The tightness of the shipment position is a dominating factor. Demand for actuals has improved.

· CHICAGO WHEAT; Overnight news was 'colourless and the market lacked any distinctive feature. The market ruled dull with a narrow range. Moderate hedging and liquidation caused a decline. NEW YORK STOCKS: Previous close, 122.98 Today's close, 122.25; Change, off .73.

NEW YORK COMMODITY "MARKET

(REUTER'S SERVICE)

NEW YORK STOCK EXCHANGE

STOCKS

QUOTATION (REUTER'S "SERVICE)

AUGUST 15, 1940.

STOCKS

FRIDAY, AUGUST 16. 1940.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

INDIA, AUSTRALIA AND CHINA

Issued & Fully Faid-Up 890,000,000 Incorporated by Royal Charter, 1853

Paid-Up Capital ....... £ 6,800,000 Reserve Fund

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

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

Hon. Mr. A. L Shield,

Kobe

Tokyo Tsingtao Peiping Yokohama "Penang

prietors

READ OFFICE: LONDON:

39, Bishopsgate E.0.2 Sub-Agencies In London: 117/19, Leadenhall Street, E.0.1 West End Branch:

14/16, Cockapur Street, 8.W 1. Manchester Branch:

52, Mosley Street, Manchester, S.,

AGENCIES AND » BRANCHES:

BARBIN PENANO

ALOR STAR AMBITSAR

MANGKOK

BATAVIA.. BOMBAY

DALOUTTA

KONO KUNG BANGČUN

11011

ПРОН KARACHI KLANG

..SAIGON

JEREMBAN

SHANGHAI

SINGAPORE

"SITIAWAN"

AGENCIES: KOBE

PAINLE PLACH CANTON

CAWNPORE.

KUALA

SCUBABAYA

LUMPUR TAIPING

KUCHINO

WADBAS MANILA."

MIDÄN NEW YORK PEIFING

(Peking!

TIENTSIN

TONGKAR

(Bhuket),

TAINOTAQ TOXUNAMA

FORMGN EXCHANOR and General Banking Business transacted.

CURRENT ACCOUærs opened and FIXED DEPOSITS received for One 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 OCRBENT ACCOUNTS opened in interest allowed at rate obtainable LOCAL CURRENCY and Fixm Duostra on application. received for one year or shorter The Bank's Head Offee in London periods in Local and other Cur-undertakes Executor and Trustee rencies on terms which will be business, and claims recovery of quoted on application.

BANKING CORPORATION

Authorised Capital... $50,000,000

Reserve Funds: Sterling

....£3,000,000

£3,000,000

Last Sale

Last Sale

itaserve Liability of

Proprietor

..$90,000,000

...£3,000,000,

Aug. 14

Aug. 14

Adams Expreks

ནས

Lockheed Aircraft

231

Bead Offee-HONG KONG

Alleghany Steel Co.

20

Loer's Inc.

23

390

Allis Chalmers

291

Loft Incorperated

201

Aluminium Ltd.

Mack Truck. Inc.

214

On demand

52 3/4

NEW YORK, August 14, 1940.

Amer. Can

94

Martin, Glen

ár

281

On Japan

On demand

99 1/2

SINGAPORE RUBBER

On India:

$82 1/2

SPOT OCT./DEC.

A p

On New York:-

JAN./MAR.

Previous August 14

Close

Opening Closing Change Buyers Buyers

37-1/4 37-1/4 37-1/4 35-3/4 35-3/4 35-7/6 33-1/2 33-1/2 33-1/2

American Cyinamid B. ...'

32.

McKesson & Robbins, pt.

20

Amer. & Foreign Power

1.

Montgomery Ward

39

Amer & Foreign $7 pf. ...

14*

M'tain City Copper Co.

24*

unch.

Amer. Locomotive.......

121

National Aviation.

91*

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

Deputy Chairman. J. E. Bousfeld, Esq., A. H. Compton, Esq.,

up 1/8 unch.

Amer. Metals Co.

14

Nat, Dairy Products

13

Hon, Mr. S. H. Dodwell,

Amer. Radiator

B

National Distillers...

201

G. Miskin, Esq.,

Amer. Rolling Mil

10t

The market was steady. LONDON RUBBER

National Lead

K. S. Morrison, Esq.,

162

Amer, S'ting and Ring Co.

34)

T. E. Pearce, Esq.,"

Nat Fower & Light

71

Previous close Today's close

Amer, Sugar Redning

121.

buyers

buyer

12-1/8

13-1/8

Change unch.

National Supply Corp......

C. O. Roberta, Esq.,

51.

Amer, Tel, & Tel. :......

159+

New York Central

107

Amer. Tobacco ""B"

741

SEPTEMBER

13-1/8

13-3/16

up 1/18

Niagara Budson Powers 44

Amer. Waterworks

81

OCT.-DEC.

13

".13-1/8

up 1/8

N. American Aviation. 154

Sir Vandeleur M. Graybarn,

Chief Manager.

Anaconda Copper

194

North American Co.

187

JAN./MARCH

94 3/4

APRIL-JUNE

·12-3/8- 12

12-1/2

Atchison, T. & S. Fe.

147

12-1/8

Northern Pacific

8.

Aylation Corp.......

44

Owens-Illäols Glass Dr.

493

Amoy

Branches: Johore

Baldwin Lecometive

141

Pacific Gas & Elec

29-

Bangkok

Batavia

43 1/2

Baltimore & Ohio

34.

Kowloon

Packard Motors

31"

Bombay Kuals

Rangoon " Saigon San

Francisco

Barber Asphalt Co. Barnsdall 00.... Bendix Aviation Bethlehem. Steel Bliss Co;

Pan-American Airways

13

Calcutta.

Lumpur Shanghai.

TZ

CU COLOMBO DELHI HAIPHONG HAMBURG' BANKOW

Paramount Pictures

5+

Canton London

"Singapore

281

| Pennsylvania B.R..

19)

ChefooLyons

Sourabaya

74

Philadelphia Read Coal

Colombo Malacca.

Sungai

12+

Phillips Petroleum

324

Dairen Manila

Patani

Boeing Airplane Co.

131

Foochow Muar

Public Service of NJ,

341

Swatow

Borg-Warner

15

Haiphong (Johore) Tiențein

Pullman Inc.........

18

Briggs Mig.

181

Bankow

Mukden

Pure Ofl

71

Harbin

Budd M'facturing. Corp.

32

New York

Radio Corpn. of Am, ......

44

floilo

Official T.T. Rates

Canadian Pacific R'way

27

Reading Company,

Com

121

Ipoh

Opening

Case, L

50

Remington Arms Co., Inc.

41"

London

0/3-5/8

Celanese

271

Republic Aviation Corp....

#

New York

5-3/8

Chesapeake & Ohio

352

Republic Steel

161

Japan

22-3/4

-Chrysler: Corpn.........

694

Revere Corp. .....

*8*

Paris

Hongkong

20N 24.

Columbia Gas & Mec, ......

51

Retnold Tobac. "B"

353

Commercial Credit Co.

301

Sterling

Sellers

Opening

Closing

Spot

0/3-23/320/3-45/84

New York Cotton. Oct. New York Rubber, Sept.

10.65

Aug.

0/3-23/32 0/3-45/84

Chicago Wheat, Sept.

73+

Sept.

0/3-45/640/3-11/18

U.S... Dollars

Spot

$5-1/2

$5-15/32

Aug.

5-15/32

Sept........

5-7/18

5-15/32 6-13/32

Chicago Com, Sept. New York Hides, Sept. NEW YORK COTTON Oct. (New contract) ... December ( }

601 601

Frey. Today's High Low Close Close Change.

0.31

9.27 *9.29 9.27 .02 off 19.43 19.40b 19.65

25 up 723 731 723

60% BO

Com, & Southern (@rd.)

11

Safeway Stores

411

Schenley Distillera

91

272

'Bears Roebuck

754:

8

Shell Union Off

8*

Continental Can

37

Socony-Vacunum Ol

84

i off

Continental Of

171

Southern Pacific

72

100

Copperweld 8teel

17}

Southern Rly $5 pfd.

17

8.43

8.35 8.41 8.41

unch:

Curtiss Wright (C.)

02

Spleer Manufacturing Co.

268**

L

**

Close

9.29/30 9.27/27

Opening

Curtiss Wright “A”

24

Closing

Change

Standard Brands

6

Deere & Co.

151

9.31/31

9.27/29.

".02 off

Stand Gas & Elec.

14"

Distillers Corpn. Seagrams“ 167

9.28/28

1.25/26

20 off

Standard Oll of California

172‡

Douglas Aircraft

681

January

9.17 N

9.15b

9.15

02 DK

Standard Off of NJ;

33+

Du Pont de Nemours

1601

India Rupee Paper

March

9.15/15

9.17/17

9.12/13..

103 off

Stone & Webster

Eagle Picher Lead...

འད་

May

8.96/96

5.96/96

8.95/95

,01 off

Studebaker Com,

Enton Mig., Co.

287

Bombay, Aug. 14 (Reuter). Govt, 31% Rupce, ́88-12-0.

July

8.79/79

8.77b/79a

Spot

9.84 N

6.77/78 0.791.

.02 off

Swift International ·

17

Elec, Autolite ;....

32

.05 of

Technicolor

Elec. Bond & Share

51

Texas Coron,

35

Elec, Bond & Share $5 pL

00

| Texes Gulf Sulphur

31

Elet Bond & Share 38 pf.

601

19.40b/42a 19.43/43 19.06/06 19.08/05 18.97 N unquoted

Elec. Power & Light 57 pf.

311

Timken-Axle

19.05/65

Trans-America Co

42

Flintkote

13.

19.15/15

.09 up

20th Cent. For

54.

Gen, American Trans.

46

19.07n

.10 up

Union Bag & Paper Corp.

11

Gen.. Electric

32+

18.80 B 18.80 N unquoted

18.77/77

18.951

.15 up

Union Carbide & Carbon

081

.Gen..Motors

447

18.750 unquoted

,15 up

Union Pacific

82.

Gen. Railway Signal

.11.

United Aircraft

341

Gen Tire & Rubber

101"

United Airlines "Trans

147

Glidden Co.

12

United Corpn

17.

Goodrich (BF)-;...

11

731/731 741/743 741/741 751/751

731/73

www.cada

121/727 74/741 747775

Goodrich $5 pi....

*48*

United Corpni. $3 cum pf.

354

Of

United Gas Corpn.

1+

1 of 1 off

Goodyear Tire & Co...... Great Northern Iron Ore ..

141*-

United Gas Improvement

113

131

U.S. Industrual Alcohol. '...

174*

Great Northern Aly, pid, -- 221 Great Western Sugar:

UA. Rubber .....

181

10

US. Rubber $8 pfd.

801,

Greyhound Corpn.

101

01/80%

561/661.

602/607 58/56

604/600 663/557

# off

Hercules Powder Co

782"

UB Steel

51+

Vanadium

281

off

Internatinal Harvester

391

Int Nickel

221

Vultee Aircraft

7+*

War Loan, 31% (Red

after 1962)...... Janton-K'loon - Rly. 5% 7

WINNIPEG WHEAT

Inter, Paper & Power

.141

Walworth Co.

31*

100+

October

73ja

73 a

731a

unch.

Int. Tel. & Tel

27-***

Wamer Bros. Pict

24

Westinghouse Dec,

98

December

.74jn

7492

unch.

Kenmscott Copper

251

Woodward Iron Cor.

25*

Chinese 41% Gold Loan

NEW YORK, HIDES

Lakey Foundry & Mac, Libbey-Owens-Ford

34

Class 37

September

£41/41

December

8.55/66

6.39/39 8.55/55

8.41/43

unch.

Chase National Bank National City Bank

281* 22**

8.60/61..

MarketInclined to be Easy.

Calcutta, Aug. 14 (Reuter),

Total sales Tuesday:-47.100 bales. NEW YORK RUBBER

September

Calcutta Exchange

TT on Japan, 81-1/2.

December January March

LONDON STOCK May

EXCHANGE

(REUTER'S SERVICE)

LONDON, August' 14. The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and no responsibility in assumed for errors In transmission.

€

July

Total sales-870 tons. CHICAGO WHEAT

September December May.

Tuesday's sales-18,951,000 bushels. CHICAGO CORN September December

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

1925-47....

35

Total sales for the day:-100 contracts. New York Official

34-3/4 4.02-1/4

34-3/4

NY-London Cross Rate 4.00-132

Chin: 41% Anglo-French

Loan 1908

Chinese 5%.Crisp Loan,

1913-****

12

Chinese 5% Reorg. Loan,

1913 (do. Is.)

18

Chinese 8% Ster. Notes,

--<1925, (Vickers)

Chin. Imperial Rly. 5%

Loan

gue

38

Homan Fly, 5%

Hukuang Rly. 5%, 1911...

Notes in circulation

(LP. N/Y. Issue)

12

Hukuang Rly 5%, 1911

German Issue).

Lang Tsing: & U. Hal

Rig. 5% 1913 S'hai-N'King Rly, 5% Tientsin-Pukow Rly. 5%

(Brit. Stpd.) Tientsin-Pukow Rir. "5%

'(German Btpd.) ....

12

Tientsin-Pukow Rly. ēk

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

(Ger.Stpdd. Gup Loạn) & Jap. 0% Ster. Loan, 1924 26

RESERVE BANK OF, INDIA STATEMENT

Calcutta, Aug. 14 (Reuter).

Aug. 2 Aug,.91

(including Notes held in the Bank-

דיי

Ing Department). 26,287 28,180

Rupee Coin and Bul-

קט 25.

כט 05.

LONDON METALS

EXCHANGE

London, Aug. 14 (Reuter),

Standard, Cash, Middle Price, £283-1/4

Tin,

Tin, Standard, 3 months, Middle Price, £283-7/8.

Consolidated Edison

Consolidated Of

ambid.

1939/40

DOW JONES AVERAGE

High Low Dow Jones Averages Aug. 13 High Low Close

73 of

Aug. 15, 1840

Change

155.99 11184 30 Industrials

192.98

13.17 123.00 113.25

25.90 22.18 20 Rails

20.45

26.55 26.38 36 32.

.13 off

87.70 18.03 20 Utilities

21.85

21.80 1.70 91,78

17 of

67.58

55.67 46.4811 Commodity Index 30.05

87,48 .10 off 48.86.19 of Business Done: 270,000 shares

92 21 83.06"40 Bonds

British Income Tax overpaid, on

Atso up to date Bar DEPOSIT terms which may be ascertained st Borra in various sizes To Lar

any of the Agencies, and Branches. Hong Kong, 28th February, 1940.

R. A. CAHIDGE,

Manager.

HONGKONG : SAVINGS BANK

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

For the HONGKONG & SHANGRAI Banking CorpORATION.

7. M. GRAYBURN,

Chief Manager. Hong Kong, 25th Feb., 183.

THE · CHASE. BANK-

15. QUEEN'S ROAD, CENTRÄI

HEAD OFFICE:

18, PINE STAKET,

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

This Bank is entirely owned b THI CHAT NATIONAL BANK New York, with Besource of ovej 17.8.63,900,000,000. --

D. M. BIGGAR,

Bacond Vice Pre

A Job?

WANT ADS

INDO-CHINA

lion in India. 3,735 3,608 SILVER MARKET STEAM NAVIGATION COMPANY LTD.

Gold Coin and Bul-

Ilon in India 4,441 4,441

Securities (adian

Government) Securities I(British

Government)

Mercantile Bank Dunlop Rubber

4.960 4,960

- LONDON SILVER

London, Aug. 14. (Reuter); Silver Speculators bought and sold. Business very small, market 13,150 13,150 quiet. In the afternoon, the mar

ket was quietly steady,

Spot, 23-7/16d. |

Forward, 22-11/16d.

BOMBAY SILVER

Bombay, Aug. 14 (Reuter). Market-Quiet but steady. Off take 50 bars.

Operating Services for Cargo, and Passengers

"TO

SWATOW, SHANGHAI, TSINGTAU, CHEFOO:

and TIENTSIN

KOBE and OSAKA

SINGAPORE PENANG and CALCUTTA SANDAKAN

HAIPHONG

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

111

28/6

Ger. 7-Intl. Loan, 1924 Chartered Bank

5

Bristol Aeroplane

9/9

61..

Imperial Chemical Ind. 25/0

HK. & 8'hal Bank (Lda.

Reg.

United Steel

17/11

Woolworths

5776-

AK; & Shal Bank (Col.

Reg)

Marxman Investments -8/9.

Western Holdings

Indian Mint 9iver

7/9

Chinese Eng. & Mining

Sub-Ngel®

152/6

Ready

03-07

Shell Trans, &Trad.ph

bearers

32/6

Aug. 28 Settlement Sept. 25 Settlement

03-07

63-07

For further

Nat Defence Bonds, 3% 100 London Midlands-Scot

tish, 3%

please

124

Great Western Rail

Nat Bank of India. 2%

284

LONDON GOLD

London Aug 14 (enter)) Bar Gold, Fine per oz. 1387,

((bearer) Wire

Chosen Gorporation Pekin, Syndicate mai Bhai Mec. Constr. Co. BhaWaterworks Union Insuran Chuda Kalumpons Eu B-A Tob

ARDINI

TELEENONTE CONTENERA

NAGERS

BANK OF EAST ASIA, LIMITED

Authorized Capital $10,000,000.00. Paid-Up Capital 6,598,800.00 Reserve and Undivided

Prafte

2,43,261.50

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

Board of Directores. BIR SHOTION Caow, Chairman- Li Koon Chu, Sag Li Lan Sany, Esq. P. K. Krok, Ex Wong Cha Sam, Baq. Wong Tun Tong, Baq. Kan ng Pay Bag, Chan Ching Shuk, oq, Fung Flag Wah Eng HAN TONG PO, Esq., Chief Manager LITER FONO, Esa, Manager

Branches and Agencies:--

Bateria Bombe Chlazen Haiphong

Spripom

Loodan

Minila

Penang Blog porn Hangoon Bourabaya

Balgun Below

Melbourne Ben Fran- Sydogy Naginska,

HALLOW

New York Beattle

Monsists Lobe

Peris

Shangbai

Paping

SORTOL

Every description of Banking and Exchangë business transacted. Loads granted on approved securities.

Current Accounts opened in Local Currency and Fixed Deposita re ceived for bor year or shorter. periods in Local and Foreign Cur- rencies on terms which will be quoted on application.

SATE CEPOSIT Boxes To L.

KAN TONG PO,

Chief Manager.

BANK OF CHINA

Specially, Chartered by THE NATIONAL GOVERNMENT

OF CHINA AS ANA INTERNATIONAL EXCHANGE

FAID-UP CAPITAL $50,000.000.00 (BRANOS AT OYEZ ORIKI) Owing to our numerous Branches in Chins and connections in tha 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 O

South China Off

CANTON

KONGMOOR

SWATOWTOISHAN NG

SHIUCHOW

KINGOHOW

We also handle the issue of Bonds and other Publro Funds of the Chinesu Government both at Home and abroad

BROU

CHEN

?