881 14.08
NEW YORK COTTON
Close
Opening
Closing.
Change
Alleghany Steel Co.
May
11.24/24
11.33/34 11.40/40
18 up
July
11.24/24
11.33/32
11.38/38
October
11.21/21
11.31/31
11.31/31
.10. up
War Loan, 34% (Red,
after 1952) Defence Loan, 3%
Allis Chalmers
1047
Aluminium Ltd.
+++ ***
1017
Amer, Can
11.19/19
11.50/30
11.31/31
.12 up
Janton-Kloon Rly. 5%
I
American Cyanamid B.
11.17 N
11.28/28
11.30 N
.13 up
| Chinese 41% Gold. Iwan
Amer. & Foreign Power
11.15/15
11.20/30
11.29/30
14 up
11.44
11,70'
.26 up
1898 (Brit. Issue)...... Chinese 6% Gold Bonds.
1828/4....
42
Amer & Foreign 37 pf.
Amer. Locomotive
40-44
Amer, Metals Co.
[Chin. 41% Anglo-French
Amer. Radiator
Loan, 1908
45
Amer. Rolling Mill
May
22.08/06 July (New contract) *21.48/48
September (
December (
')
23.20/20 21,456 21.08/06
21.13/14 20.80b/85a 20.80b
22.18/18
.12 up
Chinese 5% Crisp Loan.
Amer, S'ting and B'ing Co.
21.48/48
unch,
1912
སྒྲ་
Amer. Sugar Refining
21.20/20
.14" up
Chinese 5% Reorg. Loan,
Amer." Tel, & Tel. :....
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE)
NEW YORK, April 3, 1941.
New York Cotton, May New York Rubber. May Chicago Wheat, May Chicago Corti," May New York Hides.' June
December
January
March
Spot
Prev. Today's
High Low Close Close Chiange 11.47 11.33 11.24 11.40 14 up 22,40 22.15 22.06 22.18 .12 13p 531 911 92 911 of 678 66 671
*.. off 14:28 14.18 14.17
09 off
Total sales Wednesday:-124,000 bales.
NEW YORK RUBBER
מנו 12,
LONDON STOCK
EXCHANGE
(RKUTER'S SERVICE)
London, April 3. 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 etrors in transmission.
£
NEW YORK STOCK EXCHANGE
STOCKS
Adams Express
QUOTATION
(REUTER'S SERVICE)
* APRIL 4, 1941.
National Distillers
SATURDAY, APRIL 5, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital $50,000,000
INDIA, AUSTRALIA
AND CHINA
Thaded & Fully Paid-Up 850,000,000 Incorporated by Royal Charter, 135#
Reserve Funds":"
Storting
6,500,000 Paid-Up Capital"
H. Currency Reserve $10,000,000 Reserve Fund Reservo Liability of
Proprietors.....
$20,000,000
Head Office:-HONG KONG
Board of Directors: Hon. Mr. J. J. Paterson,
Chairman.
Reserve Liability of Pro-
prietors......
£3,000,000 £3,000,000
.....£3,000,000
HEAD OFFICE: LONDON: '
38, Bishopsgate E.Q.3. Sub-Agencies In Lendon: 117/12, Leadenhall Street, E..
West End Branch:
14/18, Cookspur Street, 8.WI Manchester Branch:
"
ba, Mosley Street, Manchester, $
AGENCIES AND BRANCHES
ALOR BTAK
AMRITSAR
BANGIOK
BATAVIA
BOMBAY
HONG KONG PENANG
RANGOON
BAIGON
ILOILO
POK
KARAOH 'KLANG.
KOBE
BERTAHAN
BHANGHAI
BINGAPORE
Last Sale
STOCKS
Last Sale
Apr. 3
6
Apr. 3
Loew's Inc.
$34
21.
Loft Incorperated .....
18+
287
Mack Truck Inc.*
751
Martin, Glen E.
28
89
36
McKesson & Robbins, pld. 291
Montgomery Ward
374
W. H. Lock, Esq.,
13/16
122
M'tain City Copper Co.
3
Deputy Chairman,
National Aviation
J. K. Bousfeld, Eng.,
13+
4
Nat, Dairy Products
133
181
A. H. Compton, Esq. L. J. Davies, Eng.,
201
National Lead...
Hon. Mr. S. H. Dodwell,
15
141
Nat. Power "E"Light"
G. Miskin, Esq.,
401
K. S. Morrison, Esq.,
National Supply Corp.
58
17
New York Central ::.
133
161
Niagara "Hudson Power
20.90 N
.10 up
· 1913 ̃(Idn, Ia)".
31
Amer. Tobacco "B"
24-
694
N. American Aviation .....
14#
Chinese 8% Ster. Notes,
Amer. Waterworks
52.
Total sales for the day:830 tons,
CHICAGO WHEAT
North American Co.
15-
1925 (Vickers) Chin. Impertal Rly, 5%
Loan
8-10
Anaconda Copper
25
Northern Pacific
to
Atchison, T. & S. Te
273
Owens-Illinois Glass Co.
17
Aviation Corp.
438
.....
31
May
July
September
924/92
921/921
911/91
913/02
92/921
911/91/ 904/901 .911/914
off
Pacife Gas & Elec
Amoy
Branches: Jobore
27+
Honan Rly, 5%
Baldwin Lecometive
154
Bangkok
Kobe
Hukuang Rly 5%, 1911.
Baltimore & ONG
Packard Motors
21
Batavia
Kowloon
Rangoon Saigon San
t off
Pan-American Airways
121
(L.P. N/Y Issue)
14
Barber Asphalt Co
..
Bombay
Kusla
"
Wednesday's sales:-19,009,000 bushels.
1
Hukuang Rly. 6%, 1911
German Issue}
Barnsdall Off
Paramount Pictures .........
121
Dalcutta
Lampar Shanghai
Pennsylvania R.R.
25
Canton"
London
12
Bendit Aviation
37
CHICAGO CORN
May
July
September
671/671
67/66 671/671 67/068 68)/681
861/661 67/67 67767
+ off
Lung Tsing & U
Rly 5% 1913
Hal
Bethlehem Steel
Phillips Petroleum
38
Obetoo
Lyons
Singapore Sourabaya
783
Public Service of NJ.
251
Colombo
Malacca Sungei
12
Bliss Co.
161
Dairen
Manila
Pullman Ing..............
28
ohai-King Rly.5%
14
Boeing Airplane Co.
18
Foochow
Must
Patani" Swatow
NEW YORK HIDES
off Tientsin-Pukow Rly. 5
(Brit. Stpd.)
"Borg-Warner
Pure Ol......
9
181
12
Briggs Mig.
207
Radio Corpn. of Am,
Reading Company,
Com 15*
Haakow
Harbin
June
September
14.17/17 14.24/28 14.21b/24 14.30/35
14.08b/13a .00 of 14.20/23 01 of
May
Total sales for the day-110 contracts, NEW YORK COCOA
NEW YORK SUGAR NO. 3
6.73 N
6.65b/75a
6,70 N
Tientsin-Pukow ́ Rly. 5%
(German Stöd.) Tientsin-Puków. Aly, 5%
(Brit. Stpd. Supl Loan) 12 Tiantain-Pukow Rly. 5%
(Ger. Stpd. Supl. Loan) · 12 .03 of Jap. 6% Ster, Loan, 1924 25-29
Ger, 7% Intl Loan, 1924 5 Chartered Bank
8-13/16
Budd M'facturing Corp.
41
12
Canadian Pacific R'way
4
Remington Arms Co., Inc.
Case, SI
501
Republic Aviation Corp
31
Celanese
223
Republic Steel
194
Chesapeake & Ohio
Revere Corp.
91
402
Columbia Gas & Elec
May
July
2.455/432
2.48b/48a
2.48b/47a 2.46b/47a
01 up unch
H.K. & Shal Bank (Ldn
Reg.
Chrysler Corpn.
Commercial Credit Co.
Com, & Southern^ord) Consolidated Edison
651
Reynold Tobac. "B"
Bateway Stores
373*
32
Schenley Distillera
91*
20
7/18
Sears Roebuck
724
1
Shell Union Oll
121
201
Bacony-Vacunum 01
76
Consolidated O
51
Bouthern Pacific
104
}
Volume of business done:-204 lots.
NEW YORK SUGAR NO. 4
HK & Shal Bank (Col
Fég)'..
Continental Gan
381
TRUSTEE and
76
Continental O4..........
20
Southern Fly $5° pfd.
257
Chinese Eng. &, Mining
Copperweld steel
Spicer Manufacturing Co. 332
151
May
July
814b/.821a814b/.83a .86b/.87a .877.87
.81+b/8218 pach. .86b/.861a unch.
Standard Brands
8
(bearer)
15/-
Curtiss Wright (C.)
9
Chosen Corporation
41-
Curtiss Weight "A"
201
Stand Gas & Elec.
#
Standard Oll of California
21
Volume of business done:-97 lots. NEW YORK COPPER FUTURES July
Mercantile Bank of In-
Deere & Co.
22
Standard Oil of NJ.
88.
dia. 25, "
101†
Distillers Corpa. Seagrams
151
Hon. Mr.T. E. Pearce,
Hon, Mr. A. L Shields, Sir Vandeleur M. Grayburn,
Chief Manager.
CALOUTTA
AGENCIES:
FAIRLIK FLAGS
CATE STEET KUALA
CANTON
CAWNPORE CKBU COLOMBO DELEI
Francisco BAIPHONG
Heiphong oboré) Tientsin
Mukden Tokyo New York Tsingtao Peiping Yokohama Penang
floilo Ipoh
CURRENT ACCOUNTS opened in Local Currency and FIXED DE- POSITS received for one year or shorter periods in Local and Other Currencies on terms which will be quoted on application,
SAFE DEPOSIT BOXES various sizes to Ich
HAMBURG HANKOW
MEDAX
BITIAWAN
SOURABAYA TAIPING TIENTSIN TONGKAX
(Bhuket)
* THINGWAG
NEW YORK - YOKOHAMA PRIPING
(Peking)
.:
FOREIGN EXCHANGS and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSIT 'received for One Year or shorter periods in Loca) 01 Other Cufncies at rates which will be quoted on application.
SAVINGS ACCOUNTs also opened in Local Currency and Sterling with interest allowed at rates obtainabla on application.
undertakes Executor and Trusted The Bank's Head Office in London business, and claims recovery British Income Tax overpaid, on of terms which may be ascerta ned st
any of the Agencies and Franches.
W. H. EVANS THOMAS,
Manager.
EXECUTOR
business undertaken. Hongkong, 28th February, 1941...
HONGKONG SAVINGS"
BANK
LEEFUR
KUCHING
MADRAS
MANILA
11,52b/60a 11.526,55a 11.40b/45a
.12. of
Pekin Syndicate
1/0
Douglas Aircraft
74)
Stone & Webster
63
Studebaker Com,
61
B'hal Etc. Constr. Co.
10/-
Du Pont de Nemours
148
The Business of the above Bank
Swift International
181
NEW YORK COTTONSEED OIL
@hal Waterworks “A”
11.
Eagle Picher Lead: .....
&
is conducted by the BONGKONG
July
8.30/30
8.34/34
.04 up
Union Insurance
23
Eaton Mfg. Co...
33f
Technicalor
81*
...... 34-3/4
LONDON, April 3 (Reuter).
NY. Official Silver
NY-London Cross Rate 4.03-1/4
WEEKLY RETURNS AND REPORTS Dunlop Rubber
BANK OF ENGLAND
Mar. 27
Apr. 3 (000's Omitted)
34-3/4 4.03~1/4.
Gula Kalumpang Rubber
15/-
Elec. Autolite.
291
Texas Corpn.
37+
Lun., Mid, & Scot., Rly.
13
Elec. Bond & Share
27
Texes Gulf Salphur
35)
ed on application.
Timken-Arte ...
31
For the HONGKONG & SHANGHAI
Great Western Rly.
334
Elec. Band & Share $5 pt.
65)
National Bank of India
314
Elec. Band & Share $6 pt.
70
Trans-America Co.
BANKING CORPORATION.
A
B-A Tob (bearer)
88/9
34/-
Elec. Power & Light 37 pi. Filatkote
361
20th Cent, Fox.
61
131
Union Bag & Paper Corp.
114
V. M. GRAYBURN,
Chief Manager.
Bristol Aeroplane
10/3
Gen. American Trans.
514
Union Carbide & Carbon
871
Hong Kong. 25th Feb; 1939. -- --
Imperial Chemical Ind. 30/3
Gen. Electric
331
Union Pacific
80
United Steel
221-
Gen Motors
43
United Aircraft
384
Woolworths
47/9
Gen. Railway Signal
13+
United Airlines Trans
13
Marzinan Investments
6/3
Gen. Tire & Rubber
114
United Corpn.
£
£
Western Holdings
9/6.
Glidden Co.
134
United Corpn. 3 cum pi.
Pubile Deposits
21,980
22.240
Sub-Nigel
145/-
Goodrich (B.F.)
134
United Gas Corpn.
Other Deposits:-
Bankeru
hell Tranı.
Trad.
Goodrich $5. pl. jan 611
United Gas Improvement
81
118,600
101,450
(bearer)
41/10/
Goodyear Tire & Co.
19.
¡U.B.. Industrual Alcohol. ...
25
Other Accounts Total
52,290
35.240
*-bid
-ex. dhr
Great Northern Iron Ore .....
14/
UA. Rubber
241
170,890
156,600
Great Northern Riy, pfd.
27
|US. Rubber $8"pfd,
944
Government Securities
126,510
124.540
Great Western Bugar .....
251
JUS. Smelting
647
plete Foreign Banking Service Amy Kowloon
BANK OF EAST ASIA, LIMITED
& SHANGHAI BANKING COR- Authorised Capital...$10,000,000.00
PORATION. Rules may be obtain Paid-Up Capital 6,598,600.00",
THE CHASE, BANK
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PINE STREET.
NEW YORK. An American Bank offering com
Reserve and Undivided
Profita
Head Office:--HONG KONG No. 10 Des Voeux Bond, Central
wwwwwwww...
Board of Director. HON. SIR SHOUSON CROW, Chairman Ei Koon Chan, Esq. Li Imu Sang, Esq P. K. Kwok, Esq. e Wong Chu Son, Esq. Wong Im Tong, Esq. Fig Ping Wah Esq.
Chan Ching Shok, keq, starih
KAN TONG PO, Esq., Chief Manager HON. ME. LI TE FONG, Manager
Branches and Agencies:
PODABE Singapore
2,983,281.60
Other Securities:-
Discounts and Advances
45,280
36,810
Securities
19,340
18,130
Total
€4,620
55,940
Notes and Coins
19,860
18.570
Total Bullion
1,340
1,200
Notes in circulation
611,460
€14,530
Ratio of Reserve to Liabilities
10,20%
Price of Gold at which holdings are valued.. 168/-
9.25% 168/-
FEDERAL RESERVE SYSTEM
RETURNS
LONDON METALS
EXCHANGE ·
London, Apr. 3 (Reuter).
Standard, Cash, Middle
TH Price: £267-7/8.
Tin, Standard 3 months. Middle Price, 285-3/8,
cent Apr. 3
Market steady. Ministry of Sup.. ply plentifully offered "cash” at £263 as compared with £288-3/4 yesterday, but the market readily absorbed, covering against the re- grant of export licences. Dutch interests secured two thirds and "the - American · ·Metal 06. secured the remainder of the United States Navy order 450 tons at £288 buyers and £265-3/4 sellers,
Lockheed Aircraft
Greyhound Corpn.
117
U.B. Steel
681
Hercules Powder Co
69*
Vanadium
271
in the principal Markets of the world.
London
Mangoo Bouralwys
Bombay
Kanila
Homestake Mining
461
Vultee Aircraft
Interest Rates on Application.
Cortla Haiphong
Malhotra Ban Fran- Bydney 25ignatica
Int Nickel
281
Walworth Co
Inter. Paper & Power Int. Tel. & Tel.
141
Warner Bros. Pict.
33
2}*
Westinghouse Elec.
941
Johnaman
59+
Woodward Iron Cor.
29
Kentecott Copper Libbey-Owens-Ford
34
Chase National Bank
Glass
334
National City "Bank
23;
Libby. Monell & Libby
311* *274* 51
DOW JONES AVERAGE
1940/41
Righ Low Dow Jones Averages 159.80 111.84 30 Industriala
32.57 22.15 20 Rail 26.45 18.03 20 99.19 83.06 40
Apr. 2,
123.43
28.37
Utilities Bonda
10.51
Apr. 4, 1941, High Low Close 124.33 123.74 124.85 29.80 -29.05 29.75 19.76 19.45 18.61
Change 1.29 up
78 up
.10 up
Head, Offco:-15, Gracechurch Street,
London, EC
81.67
84.07 48.74 11. Commodity Index
€2.93
..
.93 up Business Done:-940,000 shareä ·
21.88 63.86
F up
Authorised Capital
£8,000,000
this badbad Capital
21,900,000
Paid-up Capital
£1,050,000
21:54,639
BANK OF CHINA
SAFE DEPOSIT BOXES
This Bank is entirely owned by THE CHASE NATIONAL BANK, NEW YORK, with Resources of over U.S.$3,800,000,000.
DI. BALLANTYNE,
Manager,
-THE MERCANTILE BANK
OF INDIA, LIMITED
NewYork: "Besitle Vancouver.
Paying
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
Current Acódits opened in Local Currency and Fixed Deposits-re- ceived for one year or shorter periods in Local and Foreign Cur fehdies on ferma which will be quoted on application/
SAYE EXPOSIT BOXES TO LET:
KAN TONG PO,
Chief Manager.
ROW Elenolulu Kobe
Bemarang Shaughn
NEW YORK. Apr. 3 Reuter)
Mar. 28 (1940) Mer, 27
(000's Omitted,
Bills Bought
US Securities held
Federal Reserve Ratio.
2,475,000
67.83
Federal Reserve Credit Outstanding. 2,510,000
Monetary cold Blocks
Industrial Advances
18,413,000
10,483,000
2,184,000 2,184,000
21.33%
91,227 2.221,009 2,244.000 22,259,000 22.394,000
7,957,000
7,820,000
LONDON STOCK
SILVER MARKET
LONDON SILVER
EXCHANGE
LONDON, Apr 4 (Reuter)-The
INDO-CHINA
STEAM NAVIGATION COMPANY LTD London, Apr. 3. (Reuter),
London Stock Exchange was cheer Silver Small trade demand was ful and mostly firm yesterday, satisfied from production selling. especially industrials," where gains Market quietly steady. In the were widespread with frons and afternoon, the market was idle and steela prominent, but the markets featureless, with no business. closed quieter.
Spot, 23-1/24. Forward, 23-7/164.
Gut-edged were firmly held, and oils and home falls were also little changed. Kafirs, were irregularly į lower but African gold mines ad- vanced; Coppera were more active,
Japanese and Brazilian bonds were good among foreign issues where there was some buying. Chinese Customs Loans were also good
Wall Street generally was firm
LONDON GOLD
London, Apr. 3(Reuter), Bar Cold. Fine per oz., 168/-
BOMBAY SILVER Bombay, Apr. 3 (Reuter). Market-Steady. Offiake 100 bars. Indian Mint Silver " Ready.......... 63-01 April 22 Settlement... "May 21 Settlement
83-01 63-03
Operating Barvices for Cargo and Passengers
-TO-
"SWATOW, SHANGHAL TBINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
please apply to
JARDINE MAT
THESON& Co TELEPHONE ZOZIE GENERAL MANAGERS
Reserve Fund and Best,
BANKERS:
The Bank of England and Midland.
Bank. Ltd. 2 stmonta!" BRANCHES:
Bangkok
Ipoh.
Bombay
Jeffos
Onlcutta Colezabe
Kantau
Dethi
Galle Hongkong Howrah
Tota Bharu
Koala pis
Karabi
Kuala TrengguJ
New York
Rangoon
bangal
8Im
Kuala Lumpur. HONG KONG BRANCH:" Every description of Banking and Exchange
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK PAID-UP CAPITAL $40,000,000.00
(BRANCHES ALL OVER ORIA) Owing to our numerous Branches in Chine and connections in the principal Commercial Centres of the World, we are able to extend
TRUSTEE AND EXECUTORSHIP MOUSESTE UNDERTAKEN CURREN CURRENT ACCOUNTS operách Local- Chur TEBOT 1 FIXED DEPOSITA recetres le Local to our Clients special facilities for Carney & BERLING on terms that may be Domestic and Foreign Banking and Kuvertuận vi om spy Nestion.
D. BENSON,
WANT ADS
Trusted
Exchange
Head Office; SHANGHAT Hong Kong Branch:
4, QUEEN'S ROAD, O, South China Ofices.
KONGMOON TOISHAN
CANTON SWATOW SHIUCHOW KINGOHOW
We also handle the issue of Bonds and other Public Funds of the Chinese Government both at Home and Abroad.
SHOUJ CHEN,
Manager
SINGAPORE, PENANG and CALCUTTA
SANDAKAN.
HAIPHONG
All steamers borth alongside the Roosevelt Terminal in the French Concamion at Shanghai, where passengers" 'and cargo ere landed.
BROKERS LOANS For farther particulars
New York, Apr. 3 (Reuter) Loans securities to brokers in New York ZAVD: Wk-ended WK-ended Wk-ended
28/3/20 27/3/412/3/441
$487,000,000 $391,000,000 $370,000,000