Un demand
New York Cotton, May New York Rubber, May Chicago Wheat, May Chicago Corn, May New York Hides, June NEW YORK COTTON
22.19 22.00 .19 off
92)
91
· 671
921 011 1 of 661 671 661
off
STOCKS
Adams Expresa
Change
450
Alleghany Steel On
On Singapore:--
May......
11.27/22
.12 ott
Allis Chalmers
On demand
52 3/1
July
11.29/29 11.23/23
.06 off
Aluminium Ltd
On Japan:--
#October ****
11.23/23
11.14/15
.09 off »
Amer. Ca
On demand
1/2 1/2
11.23/23
11.13/13
10 off
American Cyanamid B.
On India:-
11.20 N°
11.11 N
..09 off
Amer. & Foreign Power
11.22/22.11.12/12
.10 off
Amer & Foreign $7 pi
and demand
11.68
11.51
107 oft
Amer. Locomotive .....
On New York:-
Ainer. Metals Co.
Bank Bills, on demand 24 174 "Credlis, 60 days' sight 25
Amer. Radiator
May
22.19/20
On Batavia:-----
July
(New contract)
On demand
............ 45 1/2
September (
On Paris:-
December
}
2200b/102 21.35/35 21.106 21.05b/12a 20.80b 20.75 N · 20,50b
19 off
Amer. Rolling Mill
25 of
Amer. Sting and Ring Co.
.25 off
Amer, Sugar Refining
.25 off
Amer. Tel & Tel.
Total sales for the day:-60 tons.
Amer Tobacco. “B”
Amer. Waterworks
On Saigon:-
17
CHICAGO WHEAT,
Anaconda Copper
On demand
100,
May
921/921
#
On Manila:
July
911/911
911/910 001/901
#off
Atchison, T. 4. 5. TV
1 f
Aviation Corp
On demand
48 1/2
September
917/914
907/902
Baldwin Lecometive
On Bangkok
Saturday's sales:-13,208,000 bushels.
Baltimore & Oblu
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
APRIL 8, 1941
On London:-
Telegraphic Transter, 1/2 7/5 Bank Bills, on demand 1/8 7/8 Credits 4 months' sight
On Shanghai:—
Telegraphic Transter.
Bank Bills, on demand Nom." Gredits 4 months' sight Now.
NEW YORK COMMODITY MARKET
,י
(REUTER'S SERVICE)
Prev. Today's
NEW YORK, April 7, 1941,
December
January
March
Spot
High Low Close Close Change
11.37
11,18 11.34 11.22 .12 off
مستعد
14.25 14.18 14.08b 14.10b .02 up
Close Closing 11.34/34
Total sales Saturday:-63,400 bales.
NEW YORK RUBBER
1 off
NEW
YORK STOCK EXCHANGE
QUOTATION"
(REUTER'S SERVICE)
APRIL 8, 1941
WEDNESDAY, APRIL 9, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital... $50,000,000
INDIA, AUSTRALIA
AND CHINA
Issued & Fully Paid Up 10,000,000) kacurpurated by Royal Charter, 1858
Reserve Funds:
Sterling
£ 6,800,000 | Paid-Up Capital
............. £3,000,000· H.K. Currency Reserve $10,000,000 Reserve Fund
£9,000,000 Reserve Liability of
Reserve Liability of Pro
...£3,000,000" HEAD OFFIEB; LONDON:
Proprietors
$20,000,000|prietors
lead Onco-HONG KONG
·Chairman..
Hon. Mr. T E. Pearce,
Hop. Mr. A. L Shield, Sir Vandeleur M. Grayburn,
Chist Manager,
4.
39 Bishopsgate E.C.8.
Sub-Agencies In Landon: 117/122. Leadenhall Street, E,Ca West End Branch: 14/16, Cockapur Street, S.W
Manchester Branch: 38, Mosley Street, Manchester, 1
AGENCIES AND BRANCHES.
HONG KÒNG TUNANG
ALOR STAR
AMBITRAR BANGKOK
BATAVIA
BOMBAY
CALOUSTA
ILOILO
пром
KARAGEI
KLANG
AGENCIES; KOM
CLITE STREET KUALA Finn Pack CANTOX
САМУРОВА
COLOUNG DELI
LUMPUR
• KUCHING
BINGOON
BAIGON
SEREMBAN BHANGRA
BINGAPORS
SITIAWAN
SOFBARAZA
TAIPING
ERIN UTAL YOKOHAMA
N
Last Sale!
STOCKS
Last Sale
April 7
57
Loew's Inc.
April 7
314*
21
Loft Incorperated
Mack Truck Inc.
Martin, Glen L
Hoard of Directors: ild. Mr. J. J. Paterson,
891
354
McKesson & Robbina, pfd. Montgomery Ward
W. H. Look, Esq.,
37
013/18 Mtalp City Copper Co.
161
National Aviation
131*
Nat Dairy Products
18
National Distillers....
Deputy Chairman. J. K. Bousfield, Esq., A. E. Compton, Erq., L. J. Davies, Esq.,
201
61
National Lead.....
Hon. Mr. 8, H. Dodwell,
15
O. Miskin, E.,
Nat"Power & Light
17
394
K. S. Morrison, Esq.
National Supply Corp.
51
174*
New York Central
- 13+
1604
Niagara Hudson Power
21
634
N. American Aviation
141
51
241
North American Co.
191
Northern Pacifë
61
271.
Owens-linols Glass Co.
31
142
Paclite Gas & Eleo
Branches: Jabore
TIENTBIN
MADHAN
Bangkok Kobe
Packard Motors
27
33
Batavia
Kowloon
Raps900 Saigon San
TONGKAN
MANILATM MIRAN
(Bhuket)
Pen-American Allwaya
On demand
119 1/2
Bombay Kuala
Francisco
| HAIPHONG
NEW. YOUR
CHICAGO CORN
Barber Asphalt Co.
On Sterling Notes:-
Barnsdall Of
Bank Buying Rate... Now.
Maybe
674/671
67/681
off
July
Bar Bliver për oz. .........
23 1/2
September
671/674 677/677
071/871
off
Bendix Aviation
671/671
Bethlehem Steel
1 off
Buss & Co.
NEW YORK HIDES
June......
September
NEW YORK COCOA
May
Silver advices reported speculators | NEW YORK SUGAR NO. 1
May July
Volume of business done:-119 lots.
NEW YORK SUGAR NO. 4
May July
.783b/.798 83b/.88ta Volume of business done:-204 lots. NEW YORK COPPER FUTURES
July
NEW YORK COTTONSEED OIL
July
NY. Official Silver N.Y.-London Cross Rate
sellers
was
at 458
done
Market Report
FROM ROZA BROS.
Tuesday, April 8.
The price for Ready Silver was unchanged at 23.1/2 but the For- ward rate rose 1/16 to 23.1/2
as having bought to a small ex- tent The market was steady. Americar Silver was quoted at 34.3/4 for Spot
The London/New York cross- rate was quoted at 402.1/2. New York/London was quoted at 403 -
1/2.
Quiet.
MARKET
STERLING
There were sellers at 1/3 ug to, May, buyers at 1/3.1/32 for any delivery.
U. 3. DOLLARS
Quiet. The market closed at 1 pm. with sellers at 24,9/16, buyers at 24.5/8 for Cash
SHANGHAI DOLLARS
Opened with
Subsequently business
n 459 and also, 459.1/4. The market closed probable sellers at 459
SHANGHAI MARKET- " Opened with sellers. at 3.17/64 and closed at 3.1/4 for Spot. U. S Dollars. The market was reported at 511/32 sellers for spot.
AFTERNOON' MARKET The market was quiet in the afternoon.
STERLING
The "market closed with sellers at 1/3 up to May, buyers at 1/3.- 1/32 for any delivery..
U. S. DOLLARS
The market closed with sellers at 24.9/16 for near and 245/8 for forward, buyers at 24.11/16 Cash
SHANGHAI DOLLARS“
A small business was done at 459.1/2 for Spot. The market closed with possible sellers at 459.1/2 for Spot.
SHANGHAI MARKET Closed with sellers of Sterling au.3.1/4 for Spot and U, S. Dollars at 5.11/32 for Spot.
LONDON STOCK FEDERAL RESERVE
EXCHANGE
(REUTER'S SERVICE)
London, April 7.
RETURNS
New York, Apr. 7 (Reuter).
The following quotations are the Total Loans $ 9,798,000 $9,828,000 middle prices at the close of the Investments 17,120,000 market in London. All quotations are subject to confirmation and no responsibility is assumed for errors in transmission.
"
War Loan, 3% (Hed.
after 1962) Defence Loan, 3% Janton-Kloon Rly. 6% Chinese 44% Gold Luan
1898 (Brit Issue) Chinese 5% Gold Bonds.
1925/41..................... Chin. 41% Anglo-French.. Chinese 5% Crisp Loan
Loan, 1908
1912.
Horan Rly, 5%
Shanghai Exchange Bakuang Fly, 5%, 1911-
Shanghai, Apr. 7 (Reuter).
Official T.T. Rates
SILVER MARKET
LONDON SILVER London, Apr. 7 (Reuter), Suver-Little Industria - and speculative baying covered by pro- duction selling. Market steady.
Spót. 23-1/2d
Forward, 23-1/2d.
BOMBAY SILVER
Bombay, Apr. 7' (Reuter).
Market Steady: Oftake 100 bars,
Indian Mint Silver
Eaton Mig Co..
Elec. Autolite.
Goodrich (B.F.)
Boeing Airplane Co
14.08b/17a 14.10b/18a
.02 up
Borg-Warner
||
14.175/23a 14.20b/25a
03 off
Briggs Miz
Total sales for the day:-75 contracts.
Budd M'facturing Corp.
Canadian Pacific Rway
Case, JI
6.68 N 6.64 N
0% off
Celanese
Chesapeake & Ohio
2.45/463 2.46b/472
2.43b/443 2.45b/468
.02 off
Chrysler OquN.
.01 off
Columbia Gus & Zec.
Commercial Credit 0.....
Com, & Borthern (Ord.),
Consolidated Edison
.75b/.78% .84b/.Bla
.03).off .03) off
Consolidated Off ...
Continental Can
Continental Of
Copperweld Steel
11.58/58
11.35b/40a 21 off
Curtise Wright (C.) Curtias Wright “A”.
J
Deere & Co.
8.84/64 unquoted 4.03-1/2
8.59b/60a .05 off 34-3/4 4.03-1/2
Distillers. Corpn. Seagrams
Douglas Aircraft"
Du Pont de Nemours
Bagle Picher Lead
Elec Bond & Sharé
Elec. Bend & Share
mee Bond & Share $8 pf.
Mar. 25 Apr. 1
Elec, Power & Light $7 pf.
(000's Omitted)
Flintkot
Gen. American, Trans.
17,124,000
Gen, Electric.
Gen Motorg
Gen. Railway Signal
Gen. Tire & Rubber Glidden Co.
63-03
63-03
03-05
LONDON GOLD
London, Apr. 7 (Reuter),
Kenwecott Copper
Lockheed Aircraft
£
1042 1013 11
42
40-44
Ready
45
April 22 Settlement
May 21 Settlement,
Chinese 5% Reorg. Loan..
1919. (Edn. Is.). Chinese 8% Ster. Notes.
1925 (Vickers) Chin. Imperial Rly. 5%
Loan
31
8-10
Bar Gold, Fire per oz., 168/-
47
United Steel
21/9
14
Woolworths
47/3
Hukuang Riy 5%. 1911..
1940/41
Maraman Investments
(L.P. N/Y Issue>
14
6/3
High
Western Holdings
9/3
"German Issue›
Aub-Nigel ered
12
145/-.
Low Dow Jones Averages 15880 111.84.30 Industrials
32.67 22.15 20 Rails
Apr. 5,
124.32
Apr. 8, 1941, High Low Close 194.11 123.38 123.64.
Change
29.57
29.43 29.17 29.32
-.88 DA $25 off
Theil Tran, & Trad.
26.45 18.03 20
Utilities
19.65
19.62 19.40 19.50
.00 óf
Long Tsing & U Hal
Rly. 5% 1913
(bearer)
12
40/71
92.19 83.06 40
Bonds
01.68
91.44
.94 off
Schwerfbed Capital.
.bid
2x dtv
64.07 48.74 IL Commodity Index
83.77
63.39
að óff
Paid-up Capla
Opening
0/3-3/18 5-3/16 22
S'hai-N'King Rly, 5% Tientsin-Pukow Rly. 5%
(Brit. Styd.)
14
Business Dona:-380,000 shares
12
17-5/8
Goodrich $5 pf.
Goodyear Tire & Co.
Great Northern Iron Ore ..
Great Northern Rly, pfd.
Great Western Sugar
Greyhound Corpn.
Hercules Powder Co.
Homestake Mining Int Nickel
Inter. Paper & Power
Int. Tel, & Tel.
Johnman
Libbey-Owens-Ford
London
Now York
Japan
India
Paris
Hongkong ....
Sterlin
nominal
21-1/8
Sellers
Opening Closing
$5-11/32 $5-11/32
ال
2* 22
12
| Tlentain-Pukow Aly. 5% (German Stpd).......... Tientsin-Puków Rly, 5%
Brit. Stpd. Supl. Loan) 12 Tientsin-Pukow Rly, 5%.
Ger. Stpd. Supl, Loan) 12
Jap. 8% Ster. Loán, 1924. 234-27
DOW JONES AVERAGE
INDO-CHINA
STEAMENAVIGATION:
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSINDA
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
SAND KAN
HAIPHON
Spot
0/3-17-84' 0-3-1/4
Ger, 7% Inti Loan. 1924 51.
Apr.
...: 0/3-17/64 -0/3-1/4 p
Chartered Bank..........
Operating Services for Cargo sed Passengers
TO~
May
0/3-17/04 0/3-1/4
HK. & Shai Bank (Lan
U.S. Dollar
Reg
741
Spot
HE. & Shal” Bank (Col.
Aps.
5-11/32
May
5-11/32 $5-11/32 $5-11/32
Reg)
781
Chinese Eng & Mining -
Market-Dull
(bearer)
15/-
Silver Duty Rate
Chosen Corporation,
4/-
rate on London at 10 am, today
dia. £5, "G
All steamers berth alongside
101*
the Roosevelt Terminal in
was 1/2-1/26.
Pekin Syndicate
1/6
The Equalisation rate was 24 hat Elec. Constr. Co. per cent
the French Concession Pat
10/-
'Shanghai, where passengers
Bhai Waterworks “A”
113+
and cargo are lauded."
23
can Exchange
For further particulara
Ualcutta, Apt. 7 (Reuter),
please apply to
TT on Japan, 81-1/2
The Central Bank of China's Mercantile Bank of In-
India Rupee Paper
Bombay, Apr. 7. (Reuter), Govt, 34% Rupee, 05-12-0.
Unton Insurance Gula Kalumpong Rubber 14/9.
| Loh,, Mid, & Scot. Rly. 121 Great Western Fly.321 National Bank of India 311 B-A Tob (bearer). 67/6 Dunlop Rubber Bristol Aeroplane Imperial Chemical Ind. 29/9
33/9 10/3
COMPANY LTD
RDINE MATHESON: Co.,LTD TELEPHONE SOJILE GENERAL MANAGERS
Calcutta Lumpur Shanghai HAMBURG
Patani Swatow.
Haiphong (Johor) Tientaip
Mukden Tokyo
Tsingtao Yokohama
Fenang
BANKOW
"PRIPING
(Peking)
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT Accousas opened and FIXED DEPOSasy received for One Year or shorter periods in Local ar Other Currencies at rates which will be quoted on application.
SAVINGS 4000URTs slso opened in Local Currency and Sterling with CURRENT ACCOUNTS opened interest allowed at rates obtainable in Local Currency and FIXED DE-on application,” POSITS received for ope year or The Bank's Head Office in London shorter periods ip Local and Other fundertakes Executor and Trustee Currencies on terms which will be business, and claims recovery of British Income Tax overpaid, on
quoted on application.
SAFE DEPOSIT BOXES terms which may be agcerta ned st
any of the Agencies and Branch.
W. H. EVANS THOMAS,
Manager.
Hongkong, 28th February, 1941.
HONGKONG SAVINGS
BANK
...The Business of the above Bank
ig conducted by the BONGKONG
SHANGHAI BANKING COR- Authorised Capital$10,000,000,00 PORATION. Rules may be obtain Paid-Up Capital 5,588,600,00
d on ipplikation.
For the HONGKONG & SHANGHAI
BANKING CORPORATION. --
V. M. GRAYBURN,
Chief Manager. Hong Kong. 25th Feb., 1939.
Reserve and Undivided
,2,983,261.50
Head Office:-EONG KONG. No. 10 Des Voeux Road, Central
Board of Director,
HON. SIB SHOUBON CHOW, Chairman Li Koon Uban, Esq.
Li Lan Sang. E Kwak. Ea
Wong Chu Son,
I, QUEEN'S ROAD, CENTRALong Tan Tong, Esq., Fang Bing Wah Esc.
Chen Ching Shok, Eng.
KAN TONG PO, Esq., Chief Manager · HON. MR. LI TE FONG, Manager.
Branches and Agencies:
Kowloon
Manila"
· Pepesc
Hairon
Welbourne da Trgo
Salon Theat
New Tark besitin Vancouver Paris
Priping Shangınl
SAFE DEPOSIT BOXES This Bank is entirely owned by Exchange business transacted. Loans Every description of Banking and
THE CHASE NATIONAL BANK, New Yoas, with Resources of over U.S.23,800,000,000,
D. L. BALLANTYNE, -
Hanager,
THE MERCANTILE BANK OF INDIA, LIMITED
Head Office:-15, Gracechurch Street, London, £0.3
Authorised Capitud
Baterya, Fund sad Bext,
BANKERS;
#5.000.000 21,200,000 £1,050,000
The Bank of England and Midland
Calantin
Bank. Lid, BRANCHEN:
Kanataa
Handy
Backok
• Ipab
Bombay
Jattpa
Calemha
Corchl
Kota Bharu
Kunis Liple
Daftal
Galia Hongkong
KUALA TO
New York N
Frank Rangoon Kanthal
Shala
Ends Lampor álagipora
HONG KONG BRANCH: Every desection of "Banking," and "Exchange
TRUSTEE AND EXECUTORSHIP
UNDERTAKEN CURRENT ACCOUNTS opened in Loos! Cur Fancy WILT FIXED DEPOSITS TREYRI I Lear
granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposits re ceived for one year or shorter geriods in Local agd Foreign Cur concica on terms which will be
goted on application..
SAFE EXPOSIT Boxes To Lar.
KAN TONG PO,.- Chief Manager,
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT
OF CHINA ASIAN RE INTERNATIONAL EXCHANGE
BANK: PAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER (NINA) Owing to our numerous Branches in China and connections in the principal Commercial Centres of the World, we are able to extend Currency & STEELING on terms at ar to our Cliente special facilities for Domestic and Foreign Banking and Bang Exchange
andertalived on application.
"D. BENSON.
WANT ADS
ARE
Quick!
Sph
Head Office:—SHANGHAT Hong Kong Branch: 4, QUEEN'S ROAD, O.
South China Offices."
KUNGKOON- TOISHAN KINGCHOW..
CANTON SWATOW SHIUCHOW
We also handle the issue of Bonds and other Public Funds of the Chinese Government both ne Home and Abroad.
SHOU
haper.
Paramount Pictures
121
81
| Pennsylvania RR
Canton
Бодной
.38
| Phillips Petroleum
Chetoo
Lyons
Singapore # Sourabaya
771
15)*
Public Service of NJ.
Colombo
Malacca Sungei
Dairen
Marila
Pullman Ips...
154
Foocbow
Muar
181
| Pure" Oil
.....
8
201*
Radio Corpn. of Am.
Bankow
4
Reading Company,
Com
Harbin
4
Remington Arms Co. Tic.
Boilo
New York Peiping
Republie Aviation Corp.
Ipoh
221
Republic Steel
401
Revere Corp.......
Regnoid Tabac. “É"
321
63
Safeway Stores
31.
Schenley Distillers...
281
14
Sears Roebuck
Shell Union Oil
124
201
Socony-Vacurium Oll
6.
various sizes to let.
Southern Pacific
10
Southern Rly $5 ptd.
TRUSTEE and EXECUTOR business undertaken.
Spicer Manufacturing Co. 334
152
Standard Branda
Stand Gas de Elec,
Standard Oil of California
Standard Oll of NJ
36+
Stone & Webster
731
Studebaker Com
1481
BANK OF EAST ASIA," LIMITED
Swift. International
181
81*
Technicolor
81
Texas Corpn.
38
282
Texes Gult Sulphur
24
Timken-Azle ....
pf.
64
.Proits
Trans-America Co.
4/
674
20th Cent. Fox.
35
Union Bag & Paper Corp. 114
13*
Union Carbide & Carton.
Union Pacific
791
317
་་
United Aircraft
38
428
United Airlines Trana......
124
THE CHASE BANK
131
711
United Corpn.
07
13
United Corpn. $3 cum pt. 23 United Gas Corpn.
United Gas Improvement
HEAD OFFICE:
184
US Industrual Alcohol.
U.S. Rubber
18, PINE STREET,
NEW YORK.
14)*
DS, Rubber, $8 vid.
26
25
US, Smelting,
UB. Steel
57A
Vanadium
262
An American Bank offering com- plete Foreign Banking Service in the principal Markets of the world.
AMOT
London
Натора
Bakibay
Caloutre
diagaporn Bourabay
Sydney
Vultee Aircraft
51
Laterest Rates on Application.
Halphong.
Sigamki
Hankow
271
Walworth Co.
47
Honolulu
Bemarang
ورا کرے
141
21*
Warner Bros. Pict. Westinghouse. Elec.
34
961
581*
Woodward Iron Cor.
284
331
Chase National Bank
301*
Glas
341
National City Bank
25
23.
Libby. Monell & Libby
5+