1940-08-23 — Page 10

390

14

Amer. Can..............

53 3/4

.34 1/2

NEW YORK, August 21, 1940:

SINGAPORE RUBBER

Transfer.

89 1/9 S POT

OCT./DEC.

| JAN./MAR.

Previous August 21

Close Opening Closing Buyers Buyers

37-3/4 37-5/8 37-1/2 36-1/8 36 cls, 36-1/2 33-7/8 33-3/4 34-1/4

American Cyanamid B..

Amer, & Foreign Power

Change

Amer & Foreign $7 pt.

Amer. Locomotive

off 1/4

Amer. Metals Co.

up 3/8

Amer. Radiator

..

Amer. Rolling Mil

4i

On Batavia:—"

On demand"

On Paris-

The market was steady. LONDON RUBBER

Amer. S'ting and Ring Co.

Previous close Today's close

Amer, Sugar Refning .......

41 5/8

SPQT

buyers 12-13/16

buyers

Change

Amer. Tel, & Tel.

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

AUGUST 22, 1939.

On London:-

Telegraphic" Transfer. 1/3 7/8 Bank Bills, on demand 1/2 7/3 Credits 4 months' sight 1/3 1/9 On Shanghal:-

On demand

On Singapore:-

On demand

On Japan

On demand-

On India:-

Telegraphic

and demand

On New York:-

Bank Bills, on demand 22 1/4

Credits, 60 days' sight 23 3/8

PAYNE & CO.

COMMODITY BROKERS STOCK EXCHANGE BUILDING

HONGKONG

COMMODITY

יי

MARKET REVIEW

(FROM PAYNE & CO.)

NEW YORK STOCK EXCHANGE.

STOCKS

Adams Express

Alleghany Steel Co. Allis Chalmers Aluminium Ltil.

QUOTATION

(REUTER'S SERVICE)

AUGUST 22, 1939,

FRIDAY, AUGUST 23, 1940.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital... 850,000,000

INDIA, AUSTRALIA \

AND CHINA

Issued & Fully Paid-Up $90,000,000 Incorporated by Royal Charter, 1865

Reserve Funds:

Paid-Up Capital £6,500,000 Reserve Fund

+

PENANG

BATAVIA BOMBAY

ILOILO IPOR

·BERIMBAR

KARACHI KLANG

SHANGHAI

SINGAPORE

Sterling

..£3,000,000

Last Sale

STOCKS

Last Sale

Proprietors

..$20,000,000

Aug. 21

Aug. 21

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

£3,000,000 reserve Liability of

prietors

.......£3,000,000 HEAD, OFFICE: LONDON:

51

21

Lockneed Aircraft Loey's Iné.

251

24

31.

Loft Incorperated

22

70%

Mack Truck Inc.

21)

94

Martin, Glen L

30

33

McKesson & Robbins, pid, 21

11-

Montgomery Ward:

411

143.

M'tain City Copper Co.

31

123

National Aviation

91...

14-

Nat. Dairy Products

134

National Distillers

201

101

National Lead

17

36

Nat, Fower & Light

**

7+

13

National Supply Corp.

5#

+

1591

New York Central

11

12-3/4

of 1/16

Amer. Tobacco. "B"

:74

Niagara Hudson Power

44

Amer, Waterworks ~ — 183

Bank Bills, on demand 1085 Credits 4 month," "aight r160-

SEPTEMBER

... 12-13/16

12-3/4

"OK 1716

| N. American Aviation :

163

OCT.-DEC.

On Saigon:-

JAN./MARCH"

12-13716 12-1/4

On demand

06 3/4

APRIL-JUNE

... 11-7/8

12=11/18- 12-1/8 11-13/16:

07-1/8- DA 1:8

Anaconda Copper

20+

North American...Co.

19

Atchison, T. & 8. Fe.

164

Northern Pacific

61

off 1/16

Aviation Corp.

41

Owens-lots Glass Co.

491

Baldwin Lecometive

140

Pacific Gas & Elec

281

On Manila:-

On demand

********** 44 1/2"

The market was dull.

Baltimore & Ohio

3

Packard Motors“

31

On Bangkok:-

On demand

149 1/2

On Sterling Notes:

x

1/5

23 0/18

احم

London

New York

Japan

Paris Hongkong

Opening

0/3-5/8

5-3/8

22-3/4

201

24

Sterling

Spot

Sept....... 5-9/16

5-5/8 5-19/32

>

Bank Buying Rate

Bar Silver për oë.

Shanghai Exchange

Aug.

Shanghai, Aug. 22 (Reuter).

Official T.T. Rates

Sellers

Openlig Closing 0/3-45/64 0/3-45/64 0/3-45/64 0/3-45/64

Sept. ...... 0/3-11/16 0/3-11/18

U.S. Dollars

Spot... $5-19/32-$5-5/8-

Aug. ****** 5-19/32

NEW YORK COTTON: The market is steady on trade buying while the approach of increasing hedge pressure may offer an easier buying basis. for long pull.

NEW YORK RUBBER: There was scattered selling. by dealers In the late session.

CHICAGO WHEAT: Price were lower mast of the day. A rally occured late in the session, however, on scattered commission house and local buying which found light offerings.

NEW YORK STOCKS: Previous close. 123.17; Today's close,

125.07; Change, up 1.90.

NEW YORK COMMODITY "MARKET (REUTER?S_SERVICE)

New York Catton. Oct. New York Rubber, Sept. Chicago Wheat, Sept. Chicago Corn, Sept. New York Hides, Sept.

NEW YORK COTTON Oct. (New contract) December ( January {

Prev. Today's

Bendix Aviation

Case, JI

Barber Asphalt Co. Barnadali - QU

Pan-American Airways

131

Paramount Pictures

5+

30

Pennsylvania R.R

Bethlehem 'Steel

773

Philadelphia Read, Coal

1*

Bliss & Co:

13!

Phillips Petroleum

-323

Boeing Airplane Co.

131

Public Service of NJ.

341

Borg Warner

17

Pullman Inc.

191

Briggs Mfg.

103"

Pure Ol

74

Budd Mfacturing Corp.

31

Radio Corpo. of Am,

41

Canadian Pacific R'way.

34

Reading Company,

Com

13

4.

Remington Arms Co., Inc.

43*

Celanese

281

Republic Aviation Corp.

43

Chesapeake & Ohlo

383

Republic Steel

171

Chrysler Corán.

73+

Revere Corp.

88

Columbla Gas & Bleding

51

Reynold Tobas. "B"

35

Commercial -Crèdit Co.

30

gateway-Stores

431

Com, & Scuthern (Ord.)

11

Schenley Distillery

91

9.29 9.23 9.26 9.28

19.55 19.50 19,54

High Low Close Close Change 02 up 19.50 .04. off 703* 691. 703 . 701

1 off 624 601.. 611 61

off 8.15

Consolidated Edison ...

234

Sears Roebuck.

Consolidated Of

31

Shell Union Oil

Continental Can Continental Oil

383

Socony-Vacunum Oil

18

Southern Pacific

77

Copperweld Steel

18

Southern Rly $5.pid.

13

8.01 1.98. 8.07b 09 up

Ourtiss Wright (C)

71

apicer Manufacturing Co. 261°

Close 9.26/28

Opening 9.27/26

Closing

Change

Curtiss Wright “A”

251

Standard Brands" ...........

9:28/28

.02 up

Deere & Co.

15

Stand Gas & Mec.

14

9.22/24

9.14 N

14

9.257 24 unquoted

9.28/28

.06, up

Distillers Corpn. Seagrams

161

Standard Oll of California

177

9.191

.05 up

Douglas Aircraft

71

Standard Olof NJ.

34+

March

{ >

9.12/12

9.13/13

9.18/18

,06 up

Du Pont de Nemours

1641

Stone & Webster

7

Market:-Inclined to be easy.

May

( }

8.94/94

8.96/96

9.01/01

07 'up

Eagle Picher Lead

Studebaker Com.

75

Silver Duty Rate

July

8.73/73

8.75/75--

The Central Bank of China's rate on London at 10 a.ra, today. was 1/2-1/2d.

Spot

9.78 N

8.81 81 9.78ri

.08 up

Eaton Mfg. Co.

30

Swift International

unch

Elec. Autolite

341

Technicolor

10

December

January

March

May

Bombay, Aug. 21 (Reuter).

July

Govt. 34% Rupee, 90-0-0,

Total sales Tuesday:-22,900 bales NEW YORK RUBRER

The Equasilation rate was 231 September per cent..

India Rupee Paper

Elec. Bond & Share

Texas. Corpn. ...........

35%

Elec. Bond & Share $5 pl.

621

Texes Gulf Sulphur

311

Elec Bond & Share $8.pf.

--G9J

19.11 N 18.93 B 18.76 N unquoted

19.54/55 19.55b/65a 19.50/51 ..04 off 19:20/20 19.20b/30a -19.15b/18a .05 off

19.07

.04 off 18.93b/20a 18.93b/98a

18,761 unquoted

Timken-Axle ...

231]

Elec. Power & Light $7 pf. Flintkote

34

Trans-America Co.

134

20th Cent. Fox.

5%

Gen. American Trans.

*454

unch. uneb.

Union Bag & Paper Corp.

12

Gen. Electric

33"

Union Carbide & Carbon

70

Gen. Motors

47

Union Fackic

83+

Gen. Railway Signal

11

United Aircraft be

381

Total Sales:-640 tons.

Gen. Tire & Rubber

THE

United Airlines Trans........

161

CHICAGO WHEAT....

Glidden, Co.

121

United Cerpn

11

May

Ready

"

Aug. 28 Settlement

Sept. 25 Settlement

Offtake 50 bars.

63-07

Calcutta Exchange

Calcutta, Aug, 21 (Reuter),

T.T. on Japan, 81-1/2.

SILVER MARKET

LONDON SILVER

London, Aug. 21 (Reuter). October

Silver: Small speculative cash December

-selling Market-quietly steady. In NEW YORK-HIDES

the afternoon, the market was September

very quiet..

Spot, 23-5/163.

Forward, 22-15/16d.

BOMBAY SILVER

Bombay, Aug. 21 (Reuter).

Market-Quiet.

"Indian Mint Silver

Total sales for the day:-118 contracts.

September

701/701

700/701

701/701

+ off

Goodrich (B.F)

113

United Corp. $3 cum pf:

36

December

721/721

721/721

711/72

off

Goodrich $5 pf.....

497

United Gas Corpn.

14

731/731

73/731

of

Goodyear Tire & Co.

15

United Cas Improvement

117

Tuesday's sales:-15.665,000 bushels,

Great Northern Iron Ore

137

US, Industrual Alcohol.

18:

CHICAGO CORN

Great Northern Rly, pfd.

·-231-

U.S. Rubber.....

18.

September

614/61

61/602

01/01

off

Great Western Sugar

-191

US. Rubber $8 pfd.

801

December

551/551

551/55

551/551

unch

Greyhound Corpn.

11

U.6. Steel

52**

Hércules Powder Co.

"81"

WINNIPEG WHEAT

Vanadium

311

International Harvester

301

731/731

73ja

734a

unch.

Vultee Aircraft

71*

"Int" Nickel

-241

741a

741a

Walworth.Co.

Inter. Paper & Power

154

Warner Bros. Pict

21

Int. Tel. & Tel

21

December

New York Official

34-3/4"

NY-London Cross Rate 4.03

7.93/08 8.10/07 8.16/16

8.078

.09 up

Westinghouse Elec,

931.

*Kennecott Copper

2%...

8.22/22

8.23/23

.07 up

Woodward Iron Cor.

251

Lakey Foundry & Mac.

3¥

Chase. National Bank

29*

Libbey-Owens-Ford

Glaza...387-

34-3/4-

National City Bank

231

4.02-3/4

*bid.

1-ex div.

`63-05 63-05

LONDON STOCK EXCHANGE

(REUTER'S SERVICE) London, August 21. The following quotations are the aiddle prices at the close of the market in London. All quotations

Tientsin-Pukow Rly, 5%

(Brit. Atpd Gupl Loài) a fichtsin-Pukow RI. 5% (Ger.Stpd, Supl. Loan)

RESERVE BANK OF are subject to confirmation and no Jap. 6% Ster. Loan, 1924 28 INDIA STATEMENTponsibility is assumed for errors Ger. 7% Intl. Loan, 1924 61

Calcutta, Aug, 21 (Reuter);

Aug.9 Aug. 16 Notes in circulation including Notes held the Bank- ing Department)... Rupee Coin and Bul-

lön in dia Gold Coin Ind Bul-

lion in India. Securities (Indian

1938/40

"DOW JONES AVERAGE

High Low Dow Jones Averages Aug. 20, High Low Close Change

Aug, 22, 1940

155.92 117 84° ·30. "Industrials

123.17

· 35.90 22.15 20 Raila

26.08

97.70 18.03.20 Utilities.

21.62

125.38 123 95 125.07 28.83 28.65 28.79 23.09 21.85 21.97

1.90. up

.21 up

29 29 83,06 40 Bonds

87.7%

8.

€5.67 45.59 11 Commodity Index 49.41

88.05 $49.40

35 up 33 up 01 of

Baziness Done :-330,000 shares

transmission.

Chartered Bark

63

Government) Securities ((British

26,160 20,094

3,508 3,542

4,441 4,441

4.960

4.960

Var Loan 14% (Red

after 1952) Canton-Kicon Rly $% Chinese 41% Gold Loan.

1898 (Brit. Issue 30. Chinese 5% Gold Bonds...

1925-47...... Chin. 41% Anglo-French.

Loan, 1908

H.K. & Sha! Bank (Ldn.

Reg.1

624

1011

HE. & S'hai Bank (Dol.:

Reg)

Chinese Eng & Mining

(bearer)

16

Chosen Corporātion

35

Pekin Syndicate

2

Bal Elec. Constr. Co.

15

S'hat Waterworks "A"

13

TO

Chinese 5% Crisp Loan.

1912-----

Union Insurance .

20

12

Gula Kalumpong Rubber

13/9

Government)

13,150 13,150

Chinese 6% Reorg. Loan,

1913 (Ldn. 14')

B.-A. Tob. (bearer)

76/10

18

Mercantile Bank

111

Chinese 8% Ster, Notes,

1925 (Vickers)

Dunlop Rubber

29

Bristol Aeroplane

9/6

Chin, Imperial Rly 5%

Loan

(L.P. N/Y Issue)

Hukuang Rly. 5%, 1911

German Issue) ....... Lung Tsing & U. Hal

Rly. 5% 1913-

S'hai-N'King Rly. 5%

LONDON METALS

EXCHANGE

London, Aug. 21 (Reuter).

Standard, Cash, Middle Price, £281-1/4-

Tin.

Tin, Standard, 3 months; Middle Price, 2261-7/8

LONDON GOLD

Loridon, Aug. 21. (Reuter),' Bar Gold, Fine per oz., 1987-

Honan Rly. 5%

Hukuang Rly, 5%, 1911.

Tientsin-Pukow Rly. -5%

(Brit. Btpd.) Tientsin-Pukow Rly, 5%

(German Stpd.)

Great Western ́ ́ Rall- Nat. Bank of India, 3% 28

way, 3%................

24

Imperial Chemical Ind.

20

888

28

United Steel

17

| Maraman Investments

12

11

Woolworths....

Western Holdings Sub-Nigel

Shell Trans, & Trad..

Bearers

58

8/9

9/3

*155

12

Nat Defence Bonds, 3% London-Midlands-Scot-

tish. 3%

12

ཉྩེཙི སྶསྨིཾ

33/17-

100

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

Deputy Chairman. J. K. Bousfield, Esq., A. H. Compton, Esq.,

Hon. Mr. S. H. Dodwell, G. Miskin, Esq.,.

K. S. Morrison, Esq.,

T. E. Pearce, Esq.,

C. C. Roberta, Esqi

Hon. Mr. A. L Shield,

Sir Vandeleur M. Grayburn,

Chief Manager

Patani

Haiphong (Johore) Tientsin Bankow Mukdep Tokyo

Penang

Tsingtao Yokohama..

CURRENT ACCOUNTS opened in LOCAL CURRENCY and FIXED DEPoarta 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 ROXES in various sizes To Lat Hong Kong. 28th February, 1940.

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 & SHANGHAL BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong 25th Feb., 1930.

HEAD OFFICE:

18, PIN STREET,

NEW YORK

An American Bank offering com plete Foreign Banking Servior in the principal. Markets of the world.

Interest Rates on Application.

SAFE DEPOSIT BOXES

This Bank is entirely owned by THE CHASE NATIONAL - Baxx Now Your, with Resources of evr *1.8.$2,900,000,000.

38, Bishopsgate E.C.3. Sub-Arenoles In Lendus:

117/123, Leadenhall Street, E.0.3 West End Branch: 14/16, Cockapur 'Street, 8.W L -Manchester Branch;

32, Mosley Street, Manchester, 2

AGENCIES AND BRANCHES

HARDIN BỤNG KONG BANG DON

ALOR STAR AMRITSAR BANGKOK

CALCUTTA

AGENCIES: KOM

CLIT SET..

FACELLE PLACE" KUALA

"WANTON

DAWNPORT

COLOMBO

BAIGON

SITIAWAN.

SOU BABAZA —-

_LUMPUR-TAHING

—RCCBING-

MADRAS

MANILA

MEDAN

TIENTS IN

TONGKAR

(Bhuket)

TAINGTAO

NEW YORK YOKOHAMA FRIPING

HAMBURGTM HANKOW (Peking) -

FORE.ON EXCHANGE and Genoral Banking Busineas transacted.

CURRENT ACCOUNTS 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 interest allowed at rates obtainable. on application.

The Bank's Head Office in London undertakes Executor and Trustee business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.

R. A. CAMIDGE,

Manager.

BANK OF EAST ASIA, LIMITED

5,598,600.00

Authorised Capital.....$10,000,000,JO Paid-Up Capital........ Beserve and Undivided

Profts

..2,133, 261.50

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

Board of Directors; "Sia SHOPSON Cнow, Chairman

Li Lan Sang, Esq. Li Kona Ches, E

Wong Cha Son

P.K. Kwok, Esq. Wong In Tong, E14. Kan Ting To, kaq, Chan Ching Shok, Esq. Fang Ping Wah Esq KAN TONG PO, Esq., Chief Manager LI THE FONG, Esq., Manager

BataviaTM Boxabay Dalensia

Branches and Agencies:--

Karrloon Penang Singapore London Kangoon Bourabaya Marlin Balgon Bwakow Melbourne San Fran. Bydney Xarusia

eloo intalu New York Beatle

COSYST Semarang

Shangha

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

Current Accounts opened in Local Second Vice Pre-Currency and Fixed Deposita re-

D. M. BIGGAB,

Ajob?

WANT ADS

INDO-CHINA

STEAM NAVIGATION COMPANY LTD.

Operating Services for Cargo and Fassengers

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN

KOBF and OSAKA

SINGAPORE, PENANG and CALCUTTA

SANDAKAN

HAIPHONG

All steamers berth alongside

the Roosevelt Terminal in

the French Concession" at

Shanghai, where passengers

· and cargo are landed..

For further particulare

plesse apply to-

JARDINE MATHESON&Co. LTD. TELEPHONE KOJILL GENERAL MANAGERS

ceived for one year or shorter periods in Local and Foreign Cur rencies on terms which will be quoted on application.

SAFE DEPOSIT Boxes To LET.

KAN TONG PO,

Chief Manager,

BANK OF CHINA

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

BANK

PAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerous Branches 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 Exchange.

Head

Office:-SHANGHAI Hong Kong Branch! 4, QUEEN'S ROAD, 0. South China Oficens

CANTON

SWATOW

KONGMOON TOISHAN SHIUCHOW KINGCHOW

We also handle the issue of Bonda and other Public Funds of the Chinese Government both at Home and Abroad..

SHOU CHEN,

Manager.

Head Ofoo:-HONG KONG

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

Branchen.

Aatoy

Johore

Rangoon

Bangkok

Kobe

Saigon

Batavia,

Kowloon San

DELUL

Bombay Kusis

Francisco

HAIPHONG

Calcutta

Lumpur Shanghai

Canton

'London

Singapore

Chefoo

Lyons

Sourabaya

Colambu

Malacca

Sungei

Dairen

Manila

Foochow Muar

Swatow

Harbin

Iloilo. [pob

New York Peiping

#

THE CHASE BANK

10, QUEEN'S ROAD, CENTRAI

Amoy

Haiphong Hak Hasolala Parte Kobe

Paiping

.

!!!