Prev Today's ' High Low Close Close Change
11.24 11.11 22.40 91
11.28 11.18 .10 off
32.25
67
14.00
22.52 22.25b 27 off
911 80+
891 it of 661 68+ 67+
1 off 14.01 14.14 14.02 12 of
STOCKS
"Adams Express
1
Close
450
May
11,28/28 -
Opening
11.20/19
Closing
Change
Alleghany Steel 00. ..................
-11,18/18
.10 O
Allis Chalmers ...
On Singapore:--
July
"11.23/23
11.16/15
11.14/14
.09 of
Aluminium Ltd.
On demand
69 3/4
October
11.10/10
11.06/00
11.02 N
.0%
of
Amer. Can
On Japan:-
December
11.07/08
11.04/04
10.59/11,00
08 OF
American Cyanamid B.
On demand
102 1/2
January
11.06 N
11.03/09
10.98 N
03 off
"Amer. & Foreign Power
On India:-
March
11.05/06
-11.01/01
Telegraphic Transfery
82 4/8 Spot
11.58
10,98/98 11:48
,07 oft
Amer & Foreign $7 pt. .....
.10 off
Amer. Locomotive
and demand
Amer. Metals Co.
On New York:-
Amer. Radiator ........
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS APRIL 2, 1941.
On London:
Telegraphic Transfer. 1/2 7/ Bank Bills, on demand 1/2 7/8 Credits 4 months aight
On Shanghai:-
On demand
NEW YORK COMMODITY MARKET (REUTER'S SERVICE)
NEW YORK, April 1, 1941.
New York Cotton, May New York Rubber, May Chicago Wheat, May Chicago Corn, May New York Hides, June
NEW YORK COTTON
Total sales Monday: 127,000 bales...
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
APRIL 2, 1941.
THURSDAY, APRIL 3, 1941,
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION'
Authorised Capital....... $50,000,000
INDIA, AUSTRALIA AND OMINA ·
#
Issued & Fully Paid-Up 880,000,000 Incorporated by Royal Charter, 1860
Reserve Funds: Sterling.
$20,000,000
Head, Omles:—HONG KONG
£3,000,000....... £3,000,00
£6,500,000 Paid-Up Capital *. H.K. Currency Reserve $10,000,000 Reserve Fund.......
Reserva Liability of Pro- Reserve Liability, of
....£3,000,000 Proprietors...
Prietors
HEAD OFFICE: LONDON: 38, Bishopsgate E.0.1. Sub-Agneles "In London: 117/122 Leadenhall Street, E.C.a West End Branch; 14/16, Cockapur. Street, B.WI Manchester · Branch: 52, Mosley Street, Manchester, 2.
Chairman,
AGENCIES AND · BRANCHES,
ALOR STAR AMRITSAR
MONO NO
ILOIL
Last Sale!
STOCKS.
Laat Sale
Apr. 1
Apr. 1
51
Loew's Inc.
317
211*
Loft Incorperated
181
287*
Mack Truck Inc.
274*
74)
Board of Directors: Hon, Mr. J. J. Paterson,
Martin, Glen L
273
..........
87.
McKesson & Robbins, pfd. 271
341
W. H. Lock, Esq.,
Montgomery Ward
362
**
Deputy Chairman.
Mtain City Copper Co.
3
16*
National Aviation
J. E. Bousfeld, Esq.,
81
13
A. H. Compton, Exj.,
Nat, Dairy Products
13
173
L. J. Davies, Esq.,
National Distillers....
21
01
Hon. Mr. 8. H. Dodwell,
National Lead
154
G. Miskin, Esq.,
Bank Bills, on demand 24 1/4 Credia, 60 days sight 25
NEW YORK RUBBER
May
...
Amer. Rolling Mil
184
BANGIOT
Nat, Power & Light
K. S. Morrison, Esq.,
Amer. Sting and B'ing Co.
40
BATAVIA
£2.52/52
On Batavia-
On demand
On Paris:-
46 1/2
July (New contract)
21.95/95
22,40b(55a 21.80b,'95a
Bank Bits, on demand Nom.
Credits 4 months' sight No.
On Saigon:
On demand
On Manila
September ( December
21.52/52
21.43/45
22.25b/30a 21.65/70 21,30/30
,27 off
National Supply Corp.
51
Hon. Mr. T. E. Pearce,
BOMBAY
Amer, Sugar Refining
178 ·
27 off
New York Central
13
22 oft
Amer. Tel & Tel.
162)
Niagara Hudson Power ...
21
Amer, Tobacco "B"
694
}
21.23 N
unquated
21.00b
.23 off
{***༔au
N. American Aviation
141
Amer. Waterworks
54
North American Co.
141
Total sales for the day-220 tons.
Anaconda Copper
24)
Northern Pacific
61
Branches:
CHICAGO WHEAT
Atchison, T. & S. Fe.
254
Owens-linois Glass Co.
43
Amos
Johore
100
Aviation Corp.
31
May
911/0σ
901/903
894/89%
1 oft
Pacific Gas & Elec
28
Baldwin Lecometive
147
Bangkok
Kobe
Rangoon Saigon
On demand
On Bangkok
On Sterling Notes:-
Bar Silver per oz.
48 1/2
July
891/90
892/10
881/881
1 off
Packard Motors
23
Batavix
Kowloon San
Baltimore & Ohio
31
September
90/901
891/891
11 off
Pan-American Airways
121
Bombay
Kusi
Barber Asphalt Co.
Paramount Pictures
12
Calcutt
Lumpur Shanghai
149 1/2
Monday's sales:—22,712,000 bushels.
Now.
CHICAGO CORN
23 1/2
May*****
July
673/672
September
673a
NEW YORK HIDES
June ...................... 14.14/14 September
May
6.86 N
NEW YORK SUGAR NO. 3
May July
2.466/47a 2.47b/48a
84b/85a 89b/.89ła Volume of business' done:-$1 NEW YORK COPPER FUTURES
Volume of business done:---144 lots. NEW YORK SUGAR NO. 4. May July
July
11.85b/87a 11.84/34 - NEW YORK COTTONSEED OIL
8.24/24
London
Japan
New York
India
Paris .... Hongkong
War Loan, 3% (Red,
after 1962)
Defence Loan, 3%........
·0/3-3/18 5-3/16
32
Janton-K'loon Rly. 5%
1041 1013 11,
Chinese 41% Gold Loan,
1898 (Brit Issue).
42
17-5/8
Chinese 5% Gold Bonds.
1925/41
nominal 21-1/8
40-44
Chin. 41% Anglo-French
Loan, 1908
45
Sterling
Opening Closing
Chinese 5% Crisp Loan:
1912
24
Spot
Apr.
0/3-15/84 0/3-15/04
Chinese 5% Rearg, Loan..
1913 (Lan. Is.)
31
Bar Gold, Fine per oz., 168-
May
0/3-7/32 0/3-7/32
Chinese 8% Ster. Notes,
1925 (Vickers)
8-10
U.S. DollsTMN
Spot
$5-9/32
$5-9/32
Chin. Imperial Rly. 5%
HONGKONG
Loen
47
Apr.
5-9/32
May
5-9/32 5-1/4
5-1/4
Market: Quiet.
Silver Duty Rate
The Central Bank of China's. tate on London at:10 a.m. today was 1/2-1/24.
The Equalisation rate was 241 per "cent
Calcutta Exchange
Calcutta, Apr. 1 (Reuter) TT on Japan, 81-1/2
India Rupee Paper
Bombay, Apr. 1 (Reuter). Govt, 31% Rupée, 95-10-0
SILVER MARKET LONDON SILVER London, Apr. 1 (Router).
BulverLittle trade buying which
was covered by the Indian Govern- ment.
Spot, 29-1/2d.
Forward, 28-7/164.
BOMBAY SILVER
Bombay, Apr. 1. (Reuter).
Market-Quiet.
Indian Mint, Silver
Ready April 22 Settlement May 21 Settlement
Lung Tsing & U. Hal
Rly. 5% 1913 Bhai-N'King Fly, 5%... Tientsin-Pukow Rly... 5%
(Brit. Stpd.) Tientsin-Pukow Rly. 5%
(German Stpd) - Tientsin-Puków Rly. 5%
(Brit. 8tpd. Supi, Loan), 12 Tientsin-Pukow Rly. 5% (Ger. Stpd. Supl Loan) Jap. 6% Bter. Loan, 1924 22-25 Ger, 7% Intl Loan. 1924 51 Chartered Bank
Honan Rly, 5%
14
Hukbang Rly 5%, 1911...”
SHAREBROKERS
ASSOCIATION"
(L.P. N/Y Issuet
14
Hukuang Kly. 5%, 1911.
German Issue)
12
Volume of Business Transacted on Wednesday, Apr. 2, 1941
BALES
12
12
12
2422
China Providents
1600 $5.371
14;
| China · Lights (0.3
FLK, Docks
Yaumati Ferries
500
100 250 6:20 100 15,80 50 16.00 54
24.00
2554
5.40
TO-
12
The total value is $16,813,50.
On. demand
Bank Buying Rate
Market Report
FROM ROZA BROS.
-April 2, 1941. Silver prices were unchanged yesterday, the quotations remain- ing at 23.1/2" for Ready and .23.- 7/16 for Forward. Silver advices reported American Trade as hav- ing bought to small extent. American Silver was quoted at 34. 3/4 for Spot.
а
The London-New York cross- rate was quoted at 402-1/2. New York-London was quoted at 403-
· 1/4.
Featureless.
MARKET
STERLING
Nothing doing. There were sellers at 1/3 up to May, buyers at 1/3.1/32 for any delivery.
U. S. DOLLARS
14.22/23 14.22/25 Total sales for the day:-125 contracts.
NEW YORK COCOA
A small business was reported at July
24.9/18 for near delivery. The NY, Official Silver.... 34-3/4 market closed with sellers at 24 1/2NY-London Cross Rate 4.03-1/4 "up to May, buyers at 24.5/8 for
near and forward.
SHANGHAI DOLLARS
Quiet. "Opened with sellers at
461.1/2.
wag
Later a nall ́ business
The market
done at 483. closed with sellers at 452.3/4, buy- ers probably at 463.
SHANGHAI MARKET Quiet. There were sellers of Sterling for neer delivery at 3.15/64 for Spot and U.S. Dollars at 5.9/32 for Spot,
Shanghai Exchange
Shanghai, Apr. 2 (Reuter).
Official TT. Rates
Opening
Sellers
0/3-15/640/3-15/64
LONDON STOCK | LONDON METALS
EXCHANGE
(REUTER'S SERVICE)
London, Apr. 1. The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and no responsibility is assumed for errors In transmission.
EXCHANGE
London, Apr. 1 (Reuter). Tizi.
Standard, Cash, Middle Price, £270-1ƒ8."
Tin, Standard, 3 months, Middle Price, £,280-7/8,
Prices eased on lower American and continued heavy lower Eastern offerings.
ed
The Ministry of Supply continu-.
to offer "cash" options and "nears", but other cash sellings undersold the Ministry and there was only lukewarm demand. There were further hedge sales of "Three Months."
After hours, the market was very steady. Five tona were sold at £270-1/4 and £267-1/8.
LONDON GOLD
London, Apr. 1 (Reuter).
Glidden C6, Goodrich (B.F.) Goodrich $5 pt.
Inter. Paper & Power Int. Tel. & Tel Johnsman
Kenmecott Copper Libbey-Owens-Ford Lockheed Aircraft
Barnsdall ON
B
Pennsylvania R.R.
241
Canton
London
Singapore
Bendix Aviation
361
Phillips Petróleum
381
Chatoo.
Lyons
Bethlehem Steel
77
Colout...
Malacca
Public Service of N.J.
251
671/871 67/67
681/601
1 off
Bliss Co.
151
Dairen.
Manila
Pullman Inc.....
201
678/673
654/67
off
Boeing Airplane Co. ..............
151
Foochuw
Muar
Pure Ou
8
671/671
i off
Borg-Warner
173
Haiphong
Radio Corpn, of Am,
#
Bankow
Briggs Mig.
203
Reading Company,
Com
147
Harbin
Budd M'acturing Corp.
4.
14.18/20
14.02/02
.12" off
Remington Arms Co., Inc.
5}*
Iloilo
Canadian Pacific R'way
41
14.10/10
12 off
Republic Aviation Corp.
3j
Ipoh
Penang
Case, J.I..
473
Republic Steel
19
Delanese
Chesapeake & Ohio
231
401"
Revere Corp.
87
Chrysler Corpn. ...............
431
Reynold Tobac. "B"
32.
Safeway. Stores
38
6.78/80
8.65/66
21 off
Columbia Gas & Elec.
34
Schenley Distillers
97
Commercial Credit Co.
289
Seara Roebuck
718
Com, & Southern (Ord,)
quoted on application.
Shell Union ou
111
2.44b/48a 2.45b/48a
02 off
Consolidated Edison
201
SAFE DEPOSIT
BOXES
01 OF
Consolidated Oll
53
Socony-Vacunúm Oll
9
various sizes to let.
Southern Pacife
.10
Continental Gan
374
TRUSTEE and
EXECUTOR
Southern Fly 35 pfd.
231
Continental Ol
182
business undertaken.
Copperweld Steel
158
Spicer Manufacturing Co.
321*
Hongkong. 28th February, 1941.
Hon. Mr. A. L Shield, Sir, Vandeleur M. Grayburn,
Chief Manager.
AGENCIES:
QUITE START' KUALA
FAIZLIK PLAGE
GASTON
CAWNPORE..
CERU
COLOMBO
Francisco HAIPHONG -
Sourabaya
Sungei
"Pataci Swatow
(Johor) Tientsin Mukden Tokyo
New York Tsingtao Peiping Yokohama
SAMBURO
BANKOW
PRIPING
(Peking)
BORE.ON EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened" and FIXED DEPOSIT received for Outs Year or shorter periods in Local 01 Other Currencise at rates which will be quoted on, application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with CURRENT ACCOUNTS opened interest, allowed at rates obtainabla in Local Currency and FIXED DE-on application." FOSITS received for one year or The Bank's Head Office in London shorter perioda in Local and Other undertakes Executor and Trustee Currencies on terms which will be business, and claims recovery of
of
British Income Tax overpaid on terms which may, be ascerta'ned at any of the Agencies and Branches.
W. H. EVANS THOMAS,
Manager.
ТРОМ KARACHI KLANG
PENANG RANGOON
·BAIGON
KEREMBAN
SHANGHAI
QALOUTTA
BINGAPORE
EUB
SITIAWAN
ŠOURADAYS
LUMPUR
TAIPING
LUCHING
TIENTEIN
KADRAB
MANILA
LICHI
MEDAN
NEW YORK
TONQXAM
(Bhukes)
THINGFAL YOKOHAMA **
Standard Brands
.84b/,85a
89/.89 lots.
.83b/.84a .871b/88a
01 off .014 off
Curtiss Wright (C)
87
Brand Gas & Elec.
Curtiss Wright “A”
263
Deere & Co.......
211
Standard Oil of Eslifornia
201
Distillers Corpn. Seagrams
147
Standard On of NJ.
35
Stone & Webster
62
Douglas Aircraft
724
11.60/60
25 off
Du Pont de Nemours
1461
Studebaker Com,
6
Swift International
18
Eagle Picher Lead
B
is conducted by the BONGKONG
Tachnicolor
8#
Eaton Mit. Gái xi
33
8.10/10" 34-3/4 4.03-1/4.
.14 off
Mec. Autolite
291
Texas Corpn.
$361
Elec. Bond & Share .........
21
Texes Gulf Sulphur
35
ed on application.
Elec. Band & Share $5 pl.
62)
Timken-Axle
294
Trans-America Co
41
Elec. Bond & Share $8 pf.
68
Elec. Power Light $7 pr. Flintkote
344
20th Cent, Fox
&.
..
13
Union Bag & Paper Corp.
118
Union Carbide & Carbon
661
Gen. American Trans
51
Union Pacife .....
781
Gen. Electric
32
United Aircraft
38+
Gen Motors
424
Gen. Railway Signal
123*
United Airlines Trans
121
Gen. Tire & Rubber
11*
United Corpn.
#
United Corpn. $3 cum pf.
24
134
13
United Gas Corpo: ....
9/18
61*
United
Gas Improvement
81.
Goodyear Tire & Co. .....
184
UB.. Industrual Alcohol
241
Great Northern Iron Ore Great Northern Rly, píd. Great Western Sugar
14
U.S. Rubber
23
251
US. Rubber $3 ptď.
912
25
US. Smelting
621
£'
Greyhound Corpa. ". Hercules Powder Co. Homestake Mining Int Nickel
118
U.B. Steel
57
70%
Vanadium
26
46
Vultee Aircraft
8
28"
Walworth Co. (...........
41
131
Warner Bros. Pict.
31
21
Westinghouse Elec.
941
591
Woodward Iron Cor.
271
334
Glass 321
Chase National Bank ... National City Bank
311*
22+
Libby, Moneill & Libby
54
Rails
Utilities
Bonds 64.07 48.74 11 Commodity index
1940/41
DOW JONES AVERAGE.
Bigb Low Dow Jones Averages 169.80 111.84 30 Industrijs
32.87 22.16 20 26.46 18.03 20 92.18 83.06 40
Apr. 2, 1941. Mar. 31, High Low Close
Chauge
122.72
123.57 122.87 123.28
.54 up
28.67
28.88, 78.68 28.78
11 up
19.89
91.38
- 19.77 19.85 19.59 91.74
.10 of
16. up
63.02
.72 off 63.20
Business Done: 430,000 shares
WANT-ADS ARE SURE!
INDO-CHINA
625 STEAM NAVIGATION COMPANY LTD.
Operating Servics for Cargo and Passengers
SWATOW, SHANGHAI, TSINGTAU, CHELOO
and TIENTSIN
KOME and OSAKA
SINGAPORE PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal in the French Concession st Shanghat, whero" passengers
and cargo are landed..
81
HK, & Shal Bank (Ldn
Reg.)"
75
Great Western Rly.
334
HR & Bhai Bank (Col
National Bank of India
311
Feg)
8.-A. Tob, (beszer)
Chinese Eng & Mining
(bearer)—mazLeyte
15/
Chosen Corporation
Dunlop Rubber....... Bristol Aeroplane............................. 9/104 Imperial. Chemical Ind. 30/
88/11 33/0
Mercantile Bank of In-
United Steel
20/9
'dix. £5, “G”.
1011
Woolworths
47.B
For further particulars
please apply tom.
Perin_Syndicate
1/6.
Maraman Investments
0/3.
Offtake 100. bars.
S'hal Kec. Constr. Co.
∙10/
Western Holdinga
9/0
Bhai Waterworks “A”:
1341
Bub-Nigel
1457-
63-05
Union Insurance
23
qhell Tran a Tred.
63-05-
Gala Kalupong Rubber
15/.
(bester)
1/101
63-07
Lon., Mid, & ScotRly 134.
--bid
JARDINE MATHESON&Co.,LT TELEPHONE KOJILL GENERAL MANAGERS
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 Ito our Clients special facilities for Domestic and Foreign Banking and Exchange.
Head Office:SHANGHAI Hong Kong Branch:
4, QUEEN'S ROAD, C.
South China Offices:"
CANTON
SWATOW
KONGMOON TOISHAN
SHIUCHOWY-KINGCHOW
We also handle the issue of Bonds and other Public Funds of the Chinees Government both at Home and Abroad.
SHOUJOHEN
Conager
HONGKONG, SAVINGS
BANK
The Busjnces of the above Bank
BANK OF EAST ASIA, LIMITED
&SHANGHAI BANKING COR-Authorised Capital......$10,000,000.00 -
PORATION: Rules may be obtain- Paid-Up Capital
For the HONGKONG & SHANGRAI
BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1930.
THE CHASE BANK
"15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
......... 5,508,600.00
Reserve and Undivided
Profits
..2,033,261.50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central ·
Board of Director.
HON. SIR SHOUBON CHow, Chairman
Li Koon Chun, Esq.
P. K. Kwok, Énq.
Wong Yun Tong, Esq.
Chan Ching Back, Kaq,
Li Lan Sang, Esq.
Wong Chu Son, Saq.
Fung Ping Wah Esq.
KAN TONG Po, Esq., Chief Manager HON. MR. LI TE FONO, Manager
18, PINE STREET.
NEW YORK. An American Bank offering com
plete Foreign Banking Service Amay in the principal Markets of the Bearis world:
Interest Rates on Application.
SAFE DEPOSIT BOXES
--
This Bank is entirely owned by THE CHABE NATIONAL BANK. NEW Yong, with Resources of over U.8.$3,800,000,000.
D. L. BALLANTYNE,
Manager
Bombay
Branches and. Agencies:
!! Kowloos..
Karika
Melbourne
Penang
Salgon
Mingapopo Sourabaya
Breslow
Bi Fran- Bydney
New York deattle Tancover Fart
Felping
Saanghái
Every description of Banking and Exchange business transacted. Loans granted on approved securities
Current Accounts opened in Local Currency and Fixed Deposits re ceived for one year or shorter periods in Local and Foreign Cur
rencies on temas which will be quoted on application.
Safe Læposit Boxes To Let.
KAN TONG PO,
Chief Manager.
Loudon
Kangoon
Haiphong Haskow
Kenoinin
Co.
Bagaika
cisco Tintaln
Bearing