(REUTER'S SERVICE)
NEW YORK, Apr. 12, 1941
Prev. Today'a High Low Close Close Change 11,34 11,28 11,28 11.34 .06 up 22.83 22.82 22.66 22.82 .17 up 92 901 901 911 11 up 671 B7+ 67je
671 "up 13.75 19.67 13.79b 13.68" 11 of
Close
Closing
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Apr. 11. 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 la transmission.
NEW YORK · COMMODITY MARKET
New York Cotton, May New York Rubber, May Chicago Wheat, May Chicago Corn, May New York Hides. June NEW YORK COTTON'
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE) APRIL 13, 1941.
"STOCKS
32+ Glass 33..
*****---་་-
Sterling
BTOCKS
Last Sale
Apr. 12
Last Sale Apr. 12
Adams Express
5
Alleghany Steel Co.
101
Allis Chalmers
27
Change
Amer. Can
87
MBY
11.28/28
11.34/34
.08 UP
American Cyanamid B....
£
351
Kennecott Copper Libbey-Owens-Ford "Lockheed. Aircraft Loew's Inc. ....... Martin, Glen L....
Reserve Liability of
Proprietors
$20,000,000
21
Head Office:-HONG KONG
291
264+
July
11.25/25
.11.28/30
.03 up
Amier & Foreign Power
War Loan. 34% Red,
after 1952)
13/18 Montgomery Ward
Hurd of Directors: a. Mr. J. J. Paterson,
312
October
11.19/19
11,22/24
.03 up
Amer
Foreign $7 pf.
104
15+
National Aviation
December
11.19/19
11.23/23
01 up
Amer. Locomotive
Detence Loan, 3%...... Janton-Kloor Rly. 5% Chinese 41% Gold Loan
1011
111
Net, Dairy Products
12
W. H. Lock, Esq.,
January
11.17 N
11.21 N
.04 up
Amer, Metals Co.
11
161
National Distillers.
March
:Spot
11.19/19 11.52
11:22/22
03 up
Amer. Radiator
67
Nat, Fower & Light
· 11.58
.08 up
1898 (Brit. Jaque) Chinese 5% Gold Bonds,
1925/47
42
Amer, Rolling Mi
13)
National Supply Corp.
L
Total sales Thursday:-105,500 'bales."
Amer. Sting and Ring Co.
363
New York Central
Hou. Mr. S. H. Dodwell,
·40-44
Amer. Sugar Refining
142*
Niagara Hudson Power
NEW YORK RUBBER
G. Miskin, Esq...
Chin. 41% Anglo-French
Loan, 1908
Amer. Tel,
Tel.
1562
N. American Aviation
13
K. 8. Morrison, Esq.,
45
May ***
22.65/65 22.82/83
.17 up
Amer. Tobacco. "B"........
68**
North American Co.
14
on. Mr. T. E. Pearce,
ca
July
(New contract)
21,48/50
21.60/60
.12 up
Amer. Waterworks.
5
Northern Pacific
8
MONDAY, APRIL 14, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital 850,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, 1850
Reserve Funds:
12
£8,500,000 Paid-Up Capital B.E. Currency Reserve $10,000,000 Reserve Liability of Pro-
Reserve Fund
Chairman.
Deputy Chairman.
J. K. Bousfeld, Esq., A. H. Compton, Esq., L. J. Davies, Esq.,
prietors
£3,000,000
£1,000,00
**£3,000,000
HEAD OFFICE: LONDON:
38, Bishopagate E.0.9.
Sun-Agencles In London: 117/192 Leadenhall Street, E.CA West End Braneb: 14/18, Cockspur Street, S. W 1 Manchester Branch: 62, Mosley Street, Manchester, L
AGENCIES AND DEANCHES
ALOE STAR AMRITBAL..
BANGIOX
BATAVIA
יו
BONA TUNG
ILOILO IPOH KARACHI KLANG
PINANG
MANGOON
BAIGON
BERIMBAJ
SHANGHAI,
BOMBAY
Chinese 5% Crisp Loan.
1912.
24
September (
)
21.20/20
21.30 N
10 up
Anaconds. Copper
224
Packard Motors
21
December (...)
20.85 N
20.95 N°
10 up
Atchison, T. & S, Fe
Chinese 5% Reorg, Loan,
1919 (Lan. Is.)
242
Paramount Pictures
111
31
Total sales for the day:-350 tons.
Aviation Corp.
3}
Pennsylvania RR
23+
Chinese 8% Ster. Notes.
Baldwin Lecometive
134
Phillips Petroleum
1925 (Vickers}
8-10
CHICAGO WHKAT
Baltimore & Ohlu
34
Pullman Inc...............................
A aloy
Branches:
Johore
Chin. Imperial Rly, 5%
May
Loan
47.
July
Honan Rly, 5%
14
September
905/904 911/913 881/89
901/901 891/891 902/903
1 up
Barnsdall Ou
31
Pure Oll
Bangkok
Kobe
1 up
Bendix Avlatiga
33
Radio Corpn. of Am.......
4
Batavia
Kowloon
Rangoon Saigon San
1 up
Bethlehem Steel
721
Reading Company, Com
144
Bumbay
Kuala
Fukuang Fly 5%, 1911...
Bliss & Co.
14
Thursday's sales:-12,765,000 bushels,
Remington Arms Co., Inc.
5+
Calcutta Lumpur Shanghai
(L.F. N/Y Issue1
14
Boeing Airplane Co.
138
Republic Aviation Corp....
34
Canton
London
Bukuang Rly. 5%. 1911
ני
CHICAGO CORN
Borg-Warner
183
Republic Steel
17
Chefoo
Lyons
Singapore Sourabays
German Issue>
12
May
Lung Teing & U
Hat
July
Rily. 5% 1913
12
S'hai-N'King Ply. 5%
14
Tientsin-Pukow Rly. 5%
(Brit. Stpd))
Tientsin-Pukow Rly. 5% (German Stpd.) ..... Tientsin-Pukow Rly. 5% Brit. Stpd. Supl.. Loan) Tientsin-Pukow Rly. 6%
Ger. Stpd. Supl. Loan) Jep. 5% Ster. Loan. 1924 Cer. 7% Inti. Loan, 1924 Chartered Bank
12
H.K. & Shat Bank (Ldn.
Reg.)
75
FI.K. & Shai Bank (Cal.
Peg)
Chinese Eng. & Mining
(bearer)
Chosen Corporation
Mercantile Bank of In-
dia, £5, "G"
Pekin Syndicate
B'bai Elec. Constr. Co.
སྐུང སྦེ་ལུ་ སྐུ་ཕྲo* . Ëནྡེ $e
September
6720
673/671 671/871 681/881 673/68 681/68+
Briggs Mig.
191
Reynold Tobac. "B"
311
Colombo
Malacca
Sungei
up tup
Budd M'facturing Corp.
33
Schenley Distillers
9
Dairen
Manila
ł up
Canadian Pacific R'way
33
Shell Enion Of
Poochow
Muar
Saato
12.
Jelanese
20
Haiphon
(Johore) Tientsia
Socony-Vaconum Of
81
Bankow
Makdon
Tokyo
NEW YORK HIDES
Chesapeake & Ohio
382
Southern Pacific
Harbin
Jurie
September...
13.79b/83a 13,68/88 13.85/86 13.72/75
.11 off
Chrysler Corpn.
60
Southern Rly $5. pfd.
221
13 off
Colunibla Gag & Elec.
3.
Spicer Manufacturing Co
31
Total sales for the day:-56 lots.
Commercial Credit Co. Com, Southern (Ord.)
*27
Standard Brands ......
6
7/18
Stand Gas & Elec.
9/16
NEW YORK COCOA"
Consolidated Edison
201
Standard Ol of N.J.
343
Consolidated Of
5+4+
Studebaker Com
6.
May
7.05 N
unreceived.
12
Copperweld Steel
142*
Swift International
177*
211
NEW YORK SUGAR NO. 3
Curtiss Wright (C.)
8
Technicalor
&
May
July
2.44b/45a 2.42/43a 246b/47a 2.43b/44a
02 off
Douglas Aircraft
"67
Texas Corpn.
384
quoted on application.
.03 aff
Du Pont de Nemcurs
1401
Trans-America Co.
42
Eagle Picher Lead
8*
20th Cent. Fox
.8
Volume of business dore:-85 lots,
Elec. Autolite
27
Union Bag & Paper Corp.
101
NEW YORK SUGAR NO. 4
Elec Bond & Share
21
·
Unton Pacific "
761
781
Elec. Bend & Share $5 pt.
014
United Aircraft
347
May
July
15/-
701b/774a 763b/77% 81b/8ija 30jb/.81a .00% off
unch.
4/-
Volume of business done:-58 lots.
Bec. Bond & Share 58 pi. Elec. Power & Light $7 pt. Flatkot
85
United Airlines Trans
101.
32*
United Corpn.
121
Dnited Corpn. $3 cum pí.
221
Gen. Electric
NEW YORK COPPER FUTURES
101
Gen Motoza
1/6
July
11.30b/35a 11.30b
unch.
Gen. Railway Signal
10/-
NEW YORK COTTONSEED OIL
Gen. Tire & Rubber
8'hal Waterworks "A"
111
Goodrich (BF)
July
Union Insurance
23
NY, Official Silver
Gula Kalumpang Rubber 14/9. Fon., Mid, & Scot., Ply. 117
N.Y.-London Cross Rate
8.79b/.80a 34-3/4 4.03
8.71/71 unquoted
.08 off
Goodyear Tire & Co.
Great Northern Iron Ore
4.03
H.
Great Northern. Rly, pid,
Creat Western Rly.
321
Great Western Sugar ".in
National Bank of India 311
Int Nickel
B.-A. Tob (bearer)
85/-
Dunlop Rubber
32/101
WEEKLY RETURNS AND REPORTS
Inter. Paper & Power int. Tel, & Tél,
Bristol Aeroplane...
10/3
Johnsman
Imperial Chemical Ind.
29/3
CANK OF ENGLAND
alted Steel .....
2173
LONDON. Apr. 10 Reuter
Wentworths
46/7
Marsman Investmente...
6/3
Shell
Western Holdings
Sub-Nigel
(bearer)
~bid
9/3
Public Deposita
Apr. 3
(000's Omitted)
22,240
Apr. 10
1940/41
$
High Low Dow Jones Averages 152.80.111.84 30
18,720
142/6
Other Deposits:-
3267 22.15 20 26.45 18.03 20
Tran...
Trad.
Bankers
101,450
110,080
92.19 83.06 40
41/3
Other Accounts
55.240
53,300
64.07 48.74 11
+ Lex div
Total
156,690
103,380
Government Securities
124,540
127,970
Other Securities:-
Discounts and Advances
36,810
39.910
Securities
19,130
19.310
Total
55.940
59.270
Notes and Coins
16,570
12,560
Total Bullion ...
1,200
1,280
Notes in circulation
£14,630
618,720
Prica of 'Gold at which holdings are valued
9.25% 168/-
8.80% 158-
U.S. MERCURY
OUTPUT
Raised Hundred Per Ratio of Reserve to Liabilities
Cent. In Past Year
The
The domestic supply of dulék- fiver has expanded "in America more than 100 per cent. in the last year and has surprised the War Department by meeting national defence needs, according to S. H Williston, vice-president of Horse Heaven Mines, Inc., Oregan quicksilver producer. »
اري
FEDERAL RESERVE SYSTEM RETURNS
NEW YORK, Apr, 10 (Reuter), * Apr. 4 (1940)
Apr. 3.
(000's Omitted,
Apr. 10
12
the
Bilis Bought J..
US Securities held
Federal Reserve Ratio
2,467,000
· 87.94%
Federal Reserve Credit Outstanding. 2,512,000 Monetary Gold Stocks
Industrial Advances
18,470,000 10,128,000
2,184,600
91.22% 2,244,000 22,334,000 7,820,000
3.184.000
91.22% 2.235,000 24,413,000 7.395.000
$
A year ago the War Department and bureau of mines believed it impossible for America to furnish .her OWIŁ supply of quicksilver. But the first sizable order by the
UA. Government for the metal, The Indriamine in Italy. is the 5.000 flasks containing 78 pounds other supplier of the ore. each, sold at $150 a flask. It was
absorbed by the domestic market.
without an
price
The principal use of quicksilver appreciable rise in now is in munitions manufacture.
12
All of the metal placed in this in-
use.
Boxer Indemnity
Fund Administration
dustry is non-recoverable. . Quick- CHUNGKING, April 13: Their Williston said Oregon supplies silver used in industry may be term of office having expired, Mr. about one-third of all quicksilver used over and over and is vir Chen Chi-tsal, Dr. J. Heng Liu, produced in America and
last tually indestructive. It may be Mr. T. L Soong, Sir Robert Calder- year the Oregon output increased recovered and purized for future Marshall and Mr. Tai Tung-jen. by 125 per cent.
members of the Board of Trustees Many small mines now in pro
for the Administration of the Williston explained that it was duction, earning a profit could not not
Sino-British Boxer" possible to determine the Fund, were appointed to serve for Indemnitý operate
however, if the price future needs of the Government a second term by the National should zip to that prevailing two for mercury because of the ex-Government in a mandate issued years ago of below $90 a flask.
panding national defence picture. yesterday. PRODUCTION B.C.
He-sald demands alzo were being
on the domestic supply to In another mandate, Generals The two big European mines made supplied the world demand for fill the needs of England...
Tan Chi-halu and Li Peng-kwat were relieved of their posts as quickstiver over a period of, several The British formerly obtained members of the Military Advisory. centuries. The largest was the their quicksilver from Spain. But Council, --
Almaden mine in Spain, with a the war blockade of Europe has
upply of rich ore belleved inex-cut off this source of supply and
baustible.. This mine was in pro- now British licensed buying agents in the United States on a cash- auction before the birth of Christ negotiate for purchase of mercury and-carry basis.
LONDON METALS
· EXCHANGE
London, Apr. 10 (Reuter). Til2. 'Standard, Cash, Middle Price, £288-3/8.
Tin, Standard, 3 months, Middie Price, 205-5/8.
Market steadier. After hours there was good buying of 110 tons at £269-1/8 and £268-1/4.
BROKERS
LOANS
New York, Apr. 10 (Reuter).
Loans on securities to brokers in
New York:
Wk-ended Wk-ended
1.46 off ,22 off ,20 off 90.64 .09.off 63.54 .17.ap Business Done:-200,000 shares
KWEICHOW OPIUM SUPPRESSION KWELYANG, April 13. (Central)— Further tightening the oplum sup- pression in Kwelyang, Mr. Wu Ting-chang, Chairman of the Kwelchow Provincial Government, has circularised the various dis- triët magistrates ordering them to close all opium dens in areas un- der their respective jurisdiction and to place all oplum smokers there under arrest
الأسرة
WK-ended The magistrates were also order- 4/4/40 3/4/41 10/4/41ed to mete out death penalty to $481,000,000 $370,000,000 $344,000,000 those who deal in opium tráffic,
BANK OF EAST ASIA, LIMITED
& SHANGHAI BANKING COR- Authorised Capital.....$10,000,000. ON
ed on application.
For the HONGKONG & SHANGHAI
BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong 25th Feb., 1939),
Paid-Up Capital
Reserve and Undivided
Profits
Head Office:-HONG KONG No. 10 Des Voeux Road, Central "
།
Board of Director.
HON. SIR SROUSON CHOW, Chairman
Li Koon Chan, Esq. Li Lax Sang. Esg, P. K. Kwok, Esq. Wong Cha Son, Esq..
15, QUEEN'S ROAD, CENTRAL Wong Yun Tong, Beq. Fang Ping Wan Esq.
15, PINE STEKET.
"NEW YORK.
An American Bank offering com,
Chan Ching Shek, Esq.
KAN TONG PO, Esq., Uhief Manager. Hos. MR. LI TSE FONG, Manager.
plete Foreign Banking Service | Amor, in the principal Markets of the world."
Interest Rates cn Application.
--
SAFE DEPOSIT BOXES
Branches and Agenciar
Kowtow Prasar Bingapore Loudon Hangoon Вопталира Harila
Balgon
Eratow
This Bank is entirely owned by Exchange business transacted. Loaas Every description of Banking and
THE CHASE NATIONAL BANK, granted on approved securities
NEW YORK, with Resources of over U.S.83,800,000,000.-
Current Accounts opened in Locs! Currency and Fixed Deposità re- ceived for one year or shorter Manager, periods in Local and Foreign Car rencies on terms which will be quoted on application.
WANT-ADS Cheap!
ARE
INDO-CHINA
STEAM NAVIGATION COMPANY LTD,
Operating Services for Cargo and Passengers
*TO-
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE PENANG and · CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal in the French Concession at Shanghai, whore "passengers and cargo are landed.
For further particulare
please apply to
JARDINE MATHESON&Co.,LT TELEPHONE SOXIL GENERAL MANAGERS
SAPE EXPOSIT 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 (BRANCHER 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.
CANTON
[SWATOW-
SHIUCHOW
KONGMOON TOISHAN.
KINGOHOW
We also handle the issue of Bonds and other Public Funds of the Chinese Government both at Home and Abroad.
SHOUJ CHEN,
Manager
Hon. Mr. A. L. Shielda, Sit. Vandeleur M. Grayburn,
Chief Manager.
Iloilo Ipob
CLAVE ŠTETET ETUALA Finix ZACK
CANTON
CA WNPORE CKH COLOMBO
DELHI -1
Francisco HAIPHONG
Patani
New York Tsingtao Feiping 'Yokohama. Penang
F
LUMPUR KUQE150
TAIPING
YOKOHAMA
→ (Peking)
FOREIGN EXCHANGE and General Hanking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for Oor Year or aborfer, periods in Logni or Other Carreucies 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.
CURRENT, ACCOUNTS opened in Local Currency and FIXED DE POSITS received for one year or The Bank's Head Office in London sherter periods in Local and Other undertakes Executor and Trustee Currencies on tertne which will be business, and claims recovery of
SAFE DEPOSIT BOXES various sizes to let,
British Income Tax overpaid, oo
of terms which may be ascertained at
jany of the Agencies and Branches.
W. H. EVANS THOMAS,
Manager...
TRUSTEE and EXECUTOR business undertaken.
Hongkong, 26th February, 1941.
HONGKONG SAVINGS
BANK
CALCUTTA
KORR
AGENCIES:
SINGAPOR
SITIAWAN
NOURABAYA
THANTSIX
MAD BAB
MANILA
TONGKAK
(Bhuket)
MEDAR
TSINGITAL-
NEW.JULK
SAMBUSO PRIPING BANKOW
301
United Gas Improvement
401
U.S. Rabber...
21+
The Business, of the above Bänk
11
U.S. Steel
52
is conducted by the BONGKONG
-10%
Vanadium
117
Vultee Aircraft
PORATION. Rules may be obtain
171
Walworth Co.
134*
Warner Bros. Pict
3,598,800.00
2,983,261.50
233
Westinghouse Mec
22
26"
121
Woodward Iron Cor. Chase National Bank National City Bank
201
24
Libby.-Monelly & Libby
51
55
THE CHASE BANK
DOW JONES AVERAGE
Apr. 13, 1941. Apr. 10, High Low Close
Change
Industrials Rails Utilities
111.66
119.46 118.47 118,60
HEAD OFFICE:
"241
28.05 27.82-27.89 ..
18.89
18.79 18.62 18.89
Bonds
Commodity Index
90.73 63.37
New York Saatte
Dombaj
Dalontta
Haiphong Hankow
Helborane Ban Fran Nagseoks
al300
Vancouver
Honelata
Parl
Semarang
Fabr
Peiping Shanghai
D, L. BALLANTYNE,