Prev. Today's High Low Close Close Change 11.16 11.05 11.15
111601 up
22.50 22.05
90% 67
13.73
22.00 "89 901
661 13.53 13.75
22:00b 60 up
STOCKS
DOI
up
681
07
up
Adams Express ......
19,70
.05 of
Alleghany Steel Co...
Close
Closing
Change
Allis Chalmers
11.15/17 .11.16/16
01.up
Amer, Can
450
On Singapore:-
11.12/12
11.11/11
.01 off
American Cyanamid B.....
1
On demand
62 3/4
11.04/04
11.03/04
,01 off
Amer. Foreign Power...
11.04/05
11.04/04
unch.
Amer. & Foreign $7 pf.
On Japan:-
On demand
11.02 N
11.02 N
wach.
Amer. Locomotive ....
11.03/03
11.04/04
01-up
Amer. Metals Co.......
On India:-
Telegraphic Transfer.
Spot
11.40
.01 up
Amer. Radiator
82 6/8
Total sales Tuesday-122,300 bales,
Amer, Rolling Mill
Amer, 8'ting and B'ing Co.
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
---APRIL-10, 1941.
On London:
Telegraphic
Transfer. 1/4 7/8 Bank Bills, on demand 1/2 7/8 Credits 4 months' sight
Ou Shanghalim
On demand
and demand
*............................ 102 1/2
NEW YORK COMMODITY MARKET (REUTER'S SERVICE)
NEW YORK, April 9, 1941.
New York Cotton, May New York Rubber, May (Chicago Wheat, May
Chicago Corn. May New York Hides, June NEW YORK COTTON
.May
July
October.......
December
January
March
11.39
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
APRIL 10, 1941.
Last Sale
STOCKS
FRIDAY, APRIL 11, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION."
I'
Authorised Capital 850,000,000
INDIA, AUSTRALIA
* AND CHINA
fasued & Fully Paid-Up $20,000,000 Incorporated by Royal Charter, 1856 (
Reserve Funds: Sterling
£6,500,000 Paid-Up Capital ....£3,000,000 H.K. Currency Reserve $10,000,000 Reserve Fund............ .....£9,000,00 Reserve Liability of
Reserve Liability of Pro-
prietore Proprietor.
£3,000,000 HEAD OFFICE: LONDON: 38, Bishopsgate E.O.P. Suo-Agencies In London: 117/192, Leadenhall Street, E.C.a West End Branch; 14/16, Cockspur Street, S.Wr Manchester Branch: 33, Mosley Street, Manchester, 1.
Chairman.
Deputy Chairman.
AGENCIES AND BRANCHES –
ALOR STAR
PROSE ZUNG PENANG
Last Sale
Apr. 9
Apr. 9
5#
Kennecott Copper
$20,000,000
32**
193
Libbey-Owens-Ford
Glass
33
Head Office:-HONG, KONG
274
Lockheed Aircraft
211
871
Loew's Indi
304
.35
Martin, Glon L
261
Board of Directors: Hon. Mr. J. J. Paterson,
13/16
Montgomery Ward
36
151
National Aviation
8
W. H. Lock Esq.,
12
Nat, Dairy Products
13
162
National Distillers
204
J. K. Bousfeld, Esq.,
81
Nat, Fower & Light
A. H. Compton, Esq.,
14
National Supply Corp.
41
L. J. Davies, Esq.,
372
New York Cental
12
Hon. Mr. 8. H. Dodwell,
On New York:-
On Batavia:--
Bank Bills, on demand 24 1/4 Credits, 60 days' sight 25
NEW YORK RUBBER
July (New contract)
Amer, Sugar Redning
154
Niagara Hudson Power
24
G. Miskin, Esq.,
May
22.00/00 22,606/85a
,60 up
Amer. Tel, & Tel
160
N. American Aviation
131
K. S. Morrison, Esq..
20.82b/90a 21.40 N
58 up
Amer, Tobacco "B"
68+
North American Co.
14
Hon. Mr. T. E. Pearce,
BANGIOX BATAVIA
BOMBAY
On demand
45 1/2
September ( }
December
ť >
20.52b/58a 21.00 N 20.25 N
.48 up
Amer. Waterworks
51
Northern Pacific
20.80/80
.55 up
Anaconda Copper
23
Packard Motors
On Paris:--
Bank Bills, on demand Nom. Credits 4 months' sight NOOL
Atchison, T. à S. Fe.
247
Paramount Pictures
Total sales for the day:-50 tons.
117
Hon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,
Chief Manager. FAIRLIN XL
Aviation Corp...
31
Pennsylvania RR.
24
CHICAGO WHEAT
Baldwin Lecometive
14)
Phillips Petroleum
374
On Saigon:-
.On demand
105
May
901/901
July
On Manila:--
48 1/2
Bank Buying Rate
-Now.
23 1/2
On demand
On Bangkok:---
On demand
On Sterling Notes:-
Mar Silver per oz
-—
Market Report
FROM ROZA BROS.
Thursday, April 10. The price for Ready Silver wAS unchanged yesterday at 23.1/2 but the Forward rate dropped advices Silver 1/18 to 23.7/16. reported the market as being idle with no business done. American Sliver was quoted at 34.3/4 tor Spot.
The London/New York cross-. rate was quoted at 402.1/2. New York/London was quoted at 403. 1/2..
MARKET
Total sales for the day198 lots. NEW YORK COCOA
September
... 881/881 891/891
903/901 881/884
* up →unch.
Baltimore & Obla
31
Pullman Inc................
231
Amoy
Branches: Johore
Barnadail On
81
Pure Oll
BA
Bangkok Kobe
89/89..
1 off
Bendix Aviation
34
|Radio Corpn. of Am.
*
Batavia Kowloon
Rangoon Saigon Sao
"Tuesday's sales:-19,882,000 bushels
Bethlehem Steel
737
Rending. Company, Com
14ft
Hombay
Kuals.
149 CHICAGO CORN
Bilsa & Co.
15
Remington Arms Co., Inc.
52
Calcutta
Lumpur Shanghai
Canton
Londou
Boeing Airplane Co.
14
Republic Aviation Corp. ..."
31
Singapore
May July
667/661
671/871
67/87
September
671/671
677/071 68/88.
9€€
Chetoo
Lyons
Sourabaya
Borg-Warner
171.
Republic Steel
18
Colombo
Malneca
Sungei
Briggs Mis. .....
19
Reynold Tobac, "B"
311
Dairen..
Manila
Patani
up
Budd M'facturing Corp.
31
Schenley Distillers
.:9
Fooobot:
Must
Swatow
NEW YORK HIDES
June
Canadian Pacific R'way
34 -
Shell Union Oil
12
Elsiphot
(Johore) Tientsia
13.75/75
September
13.80/80
13.70/71 13.75/75
.05 off
Celanese ...
211
Socony-Vacunum Oli
Bankow
Mukden
Tokyo"
05 off
Chesapeake & Ohio'
384
Southern Pacific
时
Harbin
Chrysler Corpn.
61"
Southern Rly $5 pfd.
227
Iloilo
New York Tsingtao Peiping
Yokobama
Columbia Gas & Mec.
34
Spicer Manufacturing Co. 31*
Ipoh
Commercial Credit Co.
274
Standard Brands
传真
May
6.65 N
8,86 N
.21 up
Com, & Southern (Ord.)
7/16
Stand Gas & Elec.
9/18
NEW YORK SUGAR NO. 3
Consolidated Edison
201
Standard Oil of NJ.
342
Consolidated on
51
Studebaker Comp
51
May July
2.44b/458 2.44b/46a 2.44b/45a 2.45b/46a
unch. .01 up
Copperweld Steel
142
Swift International
18
Volume of business done: 280 lots. NEW YORK SUGAR NO. 4
May July
Curtis Wright (C.)
&
Technicolor
81
Douglas Aircraft
68)
Texas Corpn.
369
Du Pont de Nemours Eagle Pilcher Lead"
142)
Trans-America Go.
8
20th Cent, For
751b/768.75b/754a
004 off .30b/80ja 794b/.800 1001 of
Elec. Autolite .......
278
Union. Bag & Paper Corp.
102
Elec, Bond & Share
21
Union Pactic
山
Quiet.
JJ
Volume of business done:-190 lots. NEW YORK COPPER FUTURES - -
July
Elec. Band & Share $5 pf
61
United Aircraft
35
Sec. Bond & Share $6 pt.
641⁄2
United Airlines Trans
111
11.30b/40a 11,30b/40
unch,
Elec. Power & Light 57 pf.
33
United Corpn.
#
STERLING business WA3
NEW YORK COTTONSEED OIL
July
NY. Official Silver
N.Y.-London Cross Rate
reported
The p.m. with and
Chin. 44% Anglo-French
Loan, 1908
Chinese 5% Crisp Loan.
1912
Chin. Imperial Rly, 5%
Loan .... Honán. Ely, 5% Hukuang Rly 5%, 1911.
"(L.P. NY 1ssue? Hukuang Rly. 5%. 1911
.German Issue>
Lung Tsing & U
for Spot.
(German Stipd.) Tientsin-Pukow Rly. 5%
Brit. Stpd. Supl Loan) 12
No
reported. There were sellers at 1/3 op to May, buyers at 1/3.1/32 for any delivery.
US. DOLLARS
A small business wes
at 24.5/8 for near
market closed at
delivery.
sellers at 24.9/16 for near forward, buyers at 24.5/8 for Cash.
SHANGHAI DOLLARS Quiet Some business was done early in the morning at 480.1/4 and 460.1/2. The market closed with sellers at 460.1/4, buyers at *430.3/4.
LONDON STOCK EXCHANGE ·
(REUTER'S SERVICE)
London, April 9 Tientsin-Pukow Rly. 5% The following quotations are the (Ger. Stpd, Bupl, Loan) dddle prices at the close of the Jap. 6% Ster, Loan. 1924 224-28 market in London. All quotations Ger. 7% Intl. Loan, 1924 6 are subject to confirmation and no chartered Bank responsibility is assumed for errors.K. & S'hai Bank (Ldu
ņ transmission.
War Loan, 34% (Red, SHANGHAI MARKET
after 1952) Sterling opened with sellera at Defence Loan, 3%...... 3.16/64 and closed a shade stea- Canton-Kloon Rly..6% dier at 3:1/4 for Spot. U.S. Dollars Chinese 41% Gold Lean
1898 (Brit Issues öpened with sellers at 5.5/16 and closed with sellers at 5.11/32 for Chinese 5% Gold Bonds.
1925/AT Spot.
AFTERNOON MARKET
The market was quiet the afternoon.
A
STERLING
No business was reported. The market "closed with sellers at 1/3 up to May, buyers at 1/31/32 for. any delivery.
U.S. DOLLARS
The market closed with sellers buyers at at 24.9/16 for near, 245/8 for Cash,
SHANGHAI DOLLARS Some business was done at 460.1/4. The market closed with sellers at 460, buyers probably at 460.1/4.
SHANGHAI MARKET Closed with sellers of Sterling
Chinese 5% Reorg Loan,
1913 Lan. Is.) Chinese 3% Ster. Notes.
1825 (Vickers)
Ply. 5% 1913 |8′ha{~N'King Rly. 5%
Tientsin-Pakow Rly. 5%
(Brit. Stpd.)
at 3.1/4 and US, Dollars at 6.5/ Tientsin-Pukow Rly. 5%
Shanghai Exchange
Shanghai, Apr. 10 (Reuter).
Official T.T. Rates
Fiintkote
Gen. Electric
8.30/39 34-3/4
4.03-1/2
8.55/55 34-3/4 4.03-1/2
16 up
Gen Motors
Gen. Railway: Signal
Gen. Tire & Rubber..
Goodrich (B.F.)
Goodyear Hire & Co.
Great Northern Iron Ore ..
Great Northern Rly, pid.
Great Western Sugar. .........***
Int Nickel
12
Inter. Paper & Power
int. Tel. & Tel
Johnsman
83
Reg.,
744
1040/41
AK, & Shal Bank (Col
Feg)
784
High Low Dow Jones Averages 152.80 111.54 30 Industriala
104
Chinese Eng. & Mining
101
(bearer)
15/-
11
Chosen Corporation
41-
32.67 22.15 20 Rails 26.45 18.03 20 Utilities 92.19 83.08 40, Bonds *8407-49.74 11
Mercantile Bank of In-
42
dia. 25. "G"
10
Pekin Syndicate
1/8
40-44
S'hai Elec. Constr. Co.
10/-
ཡ་ཕ
45
B'hai Waterworks "A".... Union Insurance
114 23
Gula Kalumpong Rubber 14/0
24
Lon.. Mid, & Scot., Rly.
121
Great Western Rly.
321
31
G
National Bank of India
314
Notes in circulation.
B.-A, Tob (bearer)
86/103
(including Notes
8-10
Dunlop Rubber
33/6
Bristol Aeroplane
10/41
47.
Imperial Chemical Ind. 39/6
14
United Steel
21/6
Woolworths
46/9
Gold Coin and Bul-
14
Maraman Investments
6/3
Hon in India
Western Holdings
9/3
Securities (Kadian
12
Sub-Nigel
145/-
Hal
Government)
Shell Tranz.
Trad.
Securities (British
12
༣༥
(bearer)
14
#JA
40/74 dw
Government)
12
12
London
New York
Japan
India
Paris Hongkong
Spot
Apz. May
Sterling
Opening
0/3-3/16 5-3/18
22
17-5/8. nominal 21-1/8
Яtellerx
Opening Closing 0/3-15/64 0/3-1/4
0/3-15/64 0/3-1/4-
0/3-15/64 0/3-1/4 U.S. Dollar
Spot..... $5-5/16.
SILVER MARKET
LONDON SILVER London, Apr. 9 (Reuter). Biver-Negligible trade buying, Little production selling of for ward.. In the afternoon, the mar ket was lile with no business. !
Spot, 23-1/2d.
Forward, 23-7/16d.
BOMBAY SILVER
Bombay," Apr. 9 (Router).
Offtake 75 bars
Market-Steady,
RESERVE BANK OF INDIA STATEMENT
"Calcutta, Apr. 9 (Renter). " Mar. 28 Apr. 4
held in the Bank-
ing Department)... 28,924 27,487 Rupee Coin and Bul-
1
.25 off .17 off .22 up Business Done:-580,000 shares
LONDON METALS
EXCHANGE
London, Apr. 9 (Reuter). Till Standard, Cash, Middle Price, £267-3/4.
Tin, Standard, 3 months, Middle Price, £264-7/8.
Market quiet. The absence of demand rather than selling pres- 3,534 sure caused the decline. After hours-prices unchenged with no 4,441 4,441 business.
lion in India........ 3,474
LONDON GOLD
London, Apt. 9 (Reuter). : Bar Gold, Fine per oz, 188/-
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Passengers
TO
***SWATOW, SHANGHAI, TSINGTAU, CHEYCO
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA BANDAKAN
HAIPHONG ··
All steamers borth alongside the Roosevelt Terminal in the French Concessiori at
Shanghai, where passengers, "and cargo are landed.
Indian Mint Silver
$5-5/16
Apr.
5-5/16
5-5/16
Ready
63-03
May
5-5/18
17
5-5/16
Apr. 22 Bettlement
Market:- Quiet,
May 21 Bettlement.
63-04 63-06
For further particulara
please apply to-
Kilver Duty Rate
The Central Bank of China's
rate on London at 10 am. today Calcutta Exchange
was 1/2-1/2d.
The Equalisation rate was. 241
per cent
Calcutta, Apr. 9 (Reuter).
2.1. on Janan, 81-1/2
JARDINE MATHESON&Co.,LTD. TELEPHONE ZOJIL - GENERAL MANAGERS E
BANK OF EAST ASIA, LIMITED
BHANGHAI BANKING CORAuthorised Capital...$10,000,000.00
PORATION. Bulee may be obtain Paid-Up Capital
ad on application.
For the HONGKONG & SHANGHAI
BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1939,
Reserve and Undivided ̈*
Profita
5,598,800,00
2,083,281.50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central
Board of Director, HON. SIR SHOUSON CHOW, Chairman Li Koon Chun, Esq. Li Lan Sang, Bag, P. K. Kwok. Eng. Wong Chu Son, Esq.
15, QUEEN'S ROAD, CENTRAL Wong In Tong, Eag. Fang Ping Wah Esq.
18, PINE STEKET,
NEW YORK An American Bank offering com- plate Foreign Banking Service| in the principal Markets of the world.
Interest Rates on Application,
SAFE DEPOSIT BOXES ·
This Bank is entirely owned by THE CHASE NATIONAL BANK NEW YORK, with Resources of over U.S.83,800,000,000.
D. L. BALLANTYNE,
Manager.
THE MERCANTILE BANK OF INDIA, LIMITED
Head Offee:-15, Gracechurch Street, London, EC3 Authorised Capital..
Subscribed Capital Pald-up Capitki... Reserve Fund and Best
BANKERS:
£3,000,000 41,300,000 £1,000,000 £1,254,52
The Bank of England and Midland "Bank, Ltd.
Bombsy Clouti
Delhi
Galia Hongkong Howrah
BRANCHES:
Madras
Chan Ching Bhok, Esq.
KAN TUNG PO, Esq., Chief Manager Hos, M. LI TER FONG, Manager
Branches and Agencies:
Kowloos Ponding Singapore
Loudon unila
tangoon Bourabaya
Saigon Swatow Malboston âna Fran-" Sydney Ingasaka
uleco Heate Her Tork deattle Vadoonvar Paris
Polping
Semarang Frangbad
Every description of Banking and Exchange business transacted. Lowas granted on approved securities.
Curreur Accounts opened in Local Currency and Fixed Deposits re ceived for one year or shorter periods in Local and Foreign Cur rsacies on terms which will be quoted on application.
SAFE DEPOSIT Boxes To Ler.
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by
Kuala Trangga THE NATIONAL GOVERNMENT
... OF CHINA AS AN INTERNATIONAL EXCHANGE
New York
Preang
KANTOO
Kota Bharu "Shanghal
•Kuala Lipis ~". Hirole
Kuala Lumpur, Bingapore HONG KONG BRANCH: Every description of Banking and Exchange bualcem srapskotod, se
TRUSTEE AND EXECUTORSHIP *UNDERTAKEN CURRENT ADDUCITE, öpsed 'in Local Car PÁDAY, ANA FIXED DEPOBRES roogivad in Loent CHISTORY SREELING on terms that may be
ascertained on spy Hestion. A ve
D. BENSON.
WANT-ADS
are
Quick!
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, C. South China Offices:
KONGMOON TOISHAN KINGCHÓW
CANTON
SWATOW SHIUCHOW
We also handle the issue of Bonds. and other Public Funds of the Chinese Government both at Home and Abroad...
SHOU J. CHEN,
Manager
12;*
United Corpn. $3 cum pt.
Penang
Francisco BAIPHONG
HAMBURG. HANKOW
ILOILO
BANGOO
IPOK
BAIGON
SHEERAN
KABAORI
SHANGHAI
SINGAPORE
BITIAWAN
SOUEAFATA
KLANG CORN SPALI
LUMTUR KUCHING- MADRAR
MANILA
MEDAN
NEW YORK
PLZPING
(Peking)
TAIPING TIENTSIR
TONGKLE
(Bhuket) *TBUN OTAG
YOKOHAMA
FOREIGN EXCHANGE and General Banking Business transacted.
QUEREST ACours opened and FIXED DEPOSITS received for One Year or shorter periods in Local ox Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with
CURRENT ACCOUNTS opened interest allowed at rstæ obtainable in Local Currency and FIXED DE-on application. POSITS received for one year or The Bank's Head Office in London shorter periods in Local and Other undertakes Executor and Trustee Currencies on terms which will be business, and alaims recovery of quoted.on application."
SAFE DEPOSIT BOXES of various sizes to let. -TRUSTEE and EXECUTOR
business undertaken. Hongkong." 28th February, 1941.
HONGKONG SAVINGS
BANK
British Income Tax overpaid, on terms which may be ascerta ned st jany of the Agencies and Branches.
W. H. EVANS THOMAS,
Manager.
"AMEITZAL
CALCUTTA
AGENCIES:
CLIVE STEZI
CANTON CAWNPORT COU COLOMNO DELET
314
United Gas Improvement
BL
JI
411
US. Rubber .....
221
The Business of the above Bank
113
U.S. Steel
521
is conducted by the BONGKONG |
10%
Vanadium
25
12
Vultee Aircraft
∙171
Walworth Co.
137
Warner Bros. Pict.
241
Westinghouse Mec.
918
23
Woodward Iron Cor.....
21
281
Chase National Bank
121
National City Bank
304* 251*
21*
Libby. Monell & Libby
5+
501
THE CHASE BANK
DOW JONES AVERAGE
J:
Apr. 6,
. 121.21
24.40
Apr. 10, 1941.
High Low Close 120.72 119.58 119,85 20:45 28.12 29.33
Change
HEAD OFFICE:
1.36 off 07 off
19.23
19.13 18.87 18.98
Commodity Index
90.86 62.70
$0.69 63.01...
fi
Amoy
Bombay
Calentia
Balphons
Bankow
Honolulu Kobe
8.787 9.035
10,224. 10,478 .(Figures in Lakhs Rupees)
A
mtgko's
Ipoh.
JANOR
Kuantan
Colombo
Kandy Ke