On Sterling Noten:-
NEW YORK. April 15, 1941.
·
:
Prey. Today's
High Low Close Close Change
11.41 11.31 11.40 · · 11.31 .09 off
23.38
23.20 921 914 .924 081 88 681 13.95 13.75
13.73 Close Closing
11.40/40 11.31/32 11.38/38 11.27/27
23.05 23.28b 23 up
913 ¥..ON
63 +off
STOCKS
13.75b .02 up
Change
Adams Express
Alleghany Steel Co.
.09 of
Allis Chalmers
.11 off
Amer. Can....
11.35/35
11.20/21
.15 of
American Cyanamid B.
11.35/35
11,20/20
15 of
Amer. & Foreign Power
11:18 N
#14 off
$
Amer& Foreign $7 pf.
11.20/20 11.55
.15 off
Amer. Locomotive
.09 oft
Amer. Metals Co.
TH
Amer. Radiatur
Amier, Rolling M
-
May....
On Batavia:~~~
On demand
45 1/2
July (New contract) September ( } December
"
{
}
On. Paris:
Bank Bills, on demand Nom. Credits 4 months' sight Nón.
"CHICAGO WHEAT
On Saigon:-
On demand
105
On Manila:-
May July
On demand
....... 48 1/2
September
On Bangkok:-
On demand
149 1/2
CHICAGO CORN-
May
23:05/05 21.80 N 21.40b/58a 21.78b/80a
Amer, 8'ting and Ring Co. 361
23.280/32"
.23 up
Amer: Sugar Refining
22 15/15
35
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
APRIL 16, 1941.
On London:-.
Telegraphic Transfer. 1/2 7/8 Bank Bills, on demand 1/8 7/8 Credits 4 months' sight
On Shanghai:-
On demand
Un Singapore:--
On deniand
On Japan:--
On demand
On India:-
Telegraphic
and demand
On New York:---
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE>
New York Cotton, May New York Rubber, May Chleago Wheat, May Chicago Corn, May New York Eldes. June
NEW YORK COTTON
December
January
450
May July
BR 3/4
October
102 1/2
Transfer
March Spot
99 6/8
Bank Bills, on demand 24 1/4 Credlis, 60 days" sight 25
11,32 N
11.35/35 11.64
Total sales Monday:-98,500 bales. NEW-YORK-RUBBER `
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE) APRIL 16, 1941.
STOCKS
THURSDAY, APRIL. 17. 1941
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK
BANKING CORPORATION
Authorised Capital $50,000,000
INDIA, AUSTRALIA
AND CHINA
1 "
Issued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, 1858
Reserve Funds:
Head Omce:-HONG KONG
Chairman.
..£3,000,000 £3,000,000
£3,000,000 HEAD OFFICE: LONDON: 35. Bishopagate E.0.2. Sub-Agencies In. London: 117/122, Leadenhall Street, E.C.a West End Branch:
14/18, Cockspur Street, S. WI Manchester Branch:
52. Mosley Street, Manchester, 1
AGENCIES AND BRANCHES
HONG KONG YENANG Hoito
IZOR STAR
SARGODY
BAIGON
TABACB1
BERIMBAN
Sterling
Last Sale
Last Sale
Proprietors......
$20,000,000
£8,000,000 Paid-Up Capital BLK. Currency Reserve $10,000,000 Reserve Fund Reserve Liability of
Reserve Liability of Pro.
prietors
Apr. 15.
5
19.
Kennecott Copper Libbey-Owens-Ford
Apr. 15. 321
Glass 33
Lockheed Alreraft
201
861
Loew's Inc.
30
Board of Directors: Hoa, Mr. J. J. Paterson,
381
Martin, Glen L
261
Montgomery Ward
331
W. H. Lock, Esq.,
147
National Aviation
Deputy Chairman.
12)
Nat Dairy Products
13
J. E. Bousfeld, Esq.,
174
National Distillers
201
A. E. Compton, Esq.,
B
Nat, Power & Light
L. J. Darien, Esq.,
13)
National Supply Corp.
41
Hon. Mr. 8. H. Dodwell,
IMRITSAR
New York 'Centis!
G. Miskin, Esq.,...
154
Niagara Hudson Power
K. S. Morrison, Esq.,
BANGKOK
21
BATAVIA
Hon. Mr. T. E. Pearce,
Amet. Tel. Tel.
158
N. American Aviation
BOMBAY
13
SHANGHAI
.38
Hon. Mr. A. L. Shields,
21.15/15 21.35/35...
20 un
Amer. Tobacco "B"
681
North American Co.
134
CALCUTTA..
KLANG"
SINGAPORE
Amer, Waterworks
47
Northern Pacific
8
Sir Vandeleur M. Grayburn,
AGENCIES:
Кова
Total sales for the day:-1,170 tons.
Anaconda Copper
227
Packard Motors
21
Chief Manager. A PLACE
SKELIS, MAT
KUALA
SITIAWAN BOURABAYA
LUMFUB
Atchison, T. & S. Fe.
243
"Paramount Pictures
114
Branches:
928/927
912/913
1 off
Aviation Corp.
3
Pennsylvania R.R.
23j
918/913
001/904
11 up
Baldwin Lecometive
134
Philips Petroleum
371
Amoy
Joburę
921/92A
91/90
Baltimore & Ohlu....
11 off
3+
Pullman Inċ...............................
261
Bangkok
Kobe
Batavia
Kowloos
Runguou Saigon San
Barnsdall Ol
Bi
Pure Otl
BA
Monday's sales:-17,802,000 bushels.
Bombay
Kuala
Francisco
Bendix Aviation
33
Radia Corpn. of Am.":
4
Calcutta
Lumpur Shanghai
Bethlehem Steel
711
Reading Company.
Com
14
Canton
London
Singapore
881/881
68 68
off
Bliss Co..
14
Remington Arms Co., Inc.
47*
Chotoo
Lyons
September
July
NEW YORK HIDES
681/688
583 681
88/887 69/69
tup
Boeing Airplane Co.
134
Republic Aviation Corp.
Colombo
Мявсев
Sungei
+ up
Borg-Warner
168
Repúblic Steel
17
Dairen
Manila
Briggs Mtg.
192
Reynold, Tobɛɛ. “9”
31+
Foochow
Huar
Patani Swatow
Budd M'facturing Corp.
31.
Schenley Distillers
81
Haiphong
(Johore) Tientsin
.June
September
y
13.73/75 .13.80b/83
13.75b/80a" .02 up 13.82b/85a
Canadian Pacific Rway
Bankow
31
Shell Unlon Oil.
128
Mukden Tokyo
Harbin
.02 UD
Delanese
201
Sacony-Vacunum O
81
New York Tsingtao
Iloilo
Chesapeake & Ohio
381
Southern Pacific
gj
(poh
Chrysler Corpn.
591
Southern Kły. $5 pfd. .
22
Columbia Gas & Ecc
31
spicer Manufacturing Co
311*
6.98 N
6 98498
unch.
Commercial Credit Co. .
271
Standard Erands
51
Com, & Souther (Ord.)
“
Stand Gas & Elec.
May July
Volume of business NEW YORK SUGAR NO, 4
May July
2.41b/42 2.38b/393 2.42b/43a 2.39b/40a done:-205 lots.
.03 off
Consolidated Edison
20"
Standard. Oll of N.J..
.03 off
Consolidated Of
51
Studebaker Com
51
Copperweld Steel
141*
Swift International
177
quoted on application..
Curtiss Wright (C.)
&
Technicolor
of
Douglas Aircraft
66)
Texas Corpn.
37
75/764a 754b/.76a .80 b/81a 80b/80ła Volume of businesa döre:-344 lats. NEW YORK COPPER FUTURES
July
unch. .001 off
Du Pont de Nemours
142
Trans-America Co.
Eagle Picher Lead
74
20th Cent, Fox.
6
TRUSTEE and EXECUTOR business undertaken.
Elec. Autolite
Union Bag & Paper Corp.
20€
ec Bond & Share
24
Union Pacific
773
Elec. Bend & Share $5 pi
614
United Aircraft
35.
11.38b/40a 11.40b/453
.02 up
Elec, Bond & Share $8 pt
641
United Airlines Trans
101
NEW YORK COTTONSEED OIL
Elec. Power & Light $7 pl.
314
United Corpn
Hongkong, 28th February, 1941.
HONGKONG SAVINGS
"BANK
Sourabaya
Peiping Yokohama Panang
TÚ STAIN
TONGKAN
(Bhuket)
_TS IN GTAL NEWYORL TOKOHAMA PEITING
(Peking)
Foar GN EXCHANGE and General Banking Business transactod.
CURRENT. Accocas opened and FIXED DEPOSITS received for One Year or shorter periods in Local os Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUere also 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 one year or The Bank's Head Office in London sherter periods in Local and Other undertakes Execator and Trustee Currencies on terms which will be business, and claims, recovery of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.
W. H. EVANS THOMAS,
Manager.
SAFE DEPOSIT BOXES vurious sizes to let.
CANTON CAWNPORN CU COLOMBO DELHI HAIPHONG
TAIPING
KUCHING
MADRA
MANILA KIDAN
HAMBURG. HANKOW
1:
July
ntkote
12}
United Corpn. $3 cum pf.
221
8.84b/853 8.89 89 34-3/4
34-3/4 4.02-3/4 4.01-3/4
BANK OF EAST ASIA, LIMITED
.05 up
Gen. Electric
310
United Gas Improvement
71
The Business of the above Bank:
Gen Moto
40
U.S. Rubber.........
21米卡
is conducted by the BJNGKONG
Gen. Rathway Signal
112
U.S. Steel
511
Gen. Tire & Rubber
100
Vanadium
24
ed on application.
Goodrich (B.F.)"....
117
Vultee Aircraft
5
LONDON METALS
EXCHANGE
Goodyear Tire & Co.
171
Walworth Co.
44
Reserve and Undivided
Pronta
5,598,600,00
2,863,281.50
BANKING CORPORATION,
Great Northern Iron Ore ..
13).
Warner Bros. Pict
31
Great Northern Rly, pid:
24
Westinghouse 'Elec.
90
London, Apr. 15 (Reuter). Th Star dard, Cash. Middle Price, £270-174,
Great Western Bugai
22
Woodward Iron Cor:
26
Int Nickel ......... Inter. Paper & Power Int. Tel. & Tel Johnaman
261
Chase National Bank
291*
121
National City Bank"
21
Libby. Monet' & Libby
34
THE CHASE BANK
551-
DOW JONES AVERAGE
1940/41
High Low Dow Jones Averages 182.80 111.84 30 Industrials ..
Rails 32.67 22.16 20 26.43 18.03 20. Utilities 92.19 83.06 40 Bonds 64.07 48.74 11
Apr. 18, 1941. Apr. 14, High Low Close 118.68
119.81 118.24 118.59
HEAD OFFICE:
2..06
18,62
2.27 27.01.27.90 18.71 18.51 18.56
Change .30 off 411 off .06 of
90.61
Commodity Index
64.08
.90.51 63.70
M
Bank Buying Rate ... Now,
Bar Silver per oz.
Market Report
FROM ROZA BROS.
23 1/2
Wednesday, April 16
Silver prices
were
Total sales for the day:83 ota." unchanged NEW YORK COCUA
yesterday, the quotations remain- May
ing at 23.1/2 for both Ready and NEW YORK SUGAR NO. 3 Forward, Silver advices report- ed the market as being steady. American Silver was quoted of 34.3/4 for Spot.
The London/New York cross- rate was quoted at 402.1/2 New) York/London was quoted as 401 3/4
MARKET
Quiet
STERLING
There were sellers at 1/3 April June, buyers at 1/3.1/32 for delivery
15
anv
NY. Official Silver NY-London, Cross Rate
LONDON STOCK
EXCHANGE
U. S. DOLLARS Opened with sellers at 24.9/16 with smal business done at 24.5/8 for Cash. Towards the close the market eased off and business 'was done at 24.9/16 for near and lor ward. The market closed with sellers at 24.1/2 for near and for- ward, buyers at 24.9/18 for Cash
(REUTER'S SERVICE) SHANGHAI DOLLARS
London, April 15. Upened with sellers
The following quotations are the 461.3/4 with business done subsequently middle prices at the close of the at 482, 402.144 and 462.1/2. The market in London. All quotations Market firm. on Ministry Sup- market closed with sellers at 462 are subject to confirmation and no Pply's selling limit of £270-3/4 Luyers at 462.1/2.
responsibility is assumed for errors especially in "Cash," which was Sellers reluctance limited turnover. in transmission.
not traded during official session. Although Ministry raised the cash limit to £2, there were curtailed ofers. After hours-ten tons for "Cash" at £270-1/2.
#t
SHANGHAI MARKET There were seilers 01 Sterling Fr near delivery at 3.15/64 for Coot, U.S. Dollars opened with sellers at 5.5/32 and then rose 5.5/16. Towards the close the rate receded again to 6.0/32 tot Spot.
War Loan. 31% (Red.
after 1962) Defence Loan. 3%
Shanghai Exchange chin. Anglo-Frenet
Tin Standard, 3 months, Middle Price, 267-5/8,
SILVER MARKET
LONDON SILVER
£
1031
tn
1011
Janten-Kloon Rly. 5% 11 Chinese 41% Gold Loan'
1898 (Brit. Issue
42
Chinese 5% Gold Bonds.
1925/41
4
49-44
45.
Opening
Chinese 8% Crisp Loan.
.1912
24
0/3-3/18 5-3/16 *22
Chinese, 5% Reorg. Loan
1913 Ldn. Is.)
31
Spot, 23-1/24.
8-10
17-5/8
nominal 21.1/8
Shanghai, Apr. 15 (Reuter).
Official TT. Rates
London
New York
Japan
Indla
Paris Hongkong
Spot
Apr.
May
Sterling
Sellera Opening - - Closing-
0/3-15/64 0/3-15/64 0/3-15/64 0/3-15/64 0/3-15/84 0/3-15/64. U.S. Dollars
8pos....... $5-9/32 $5-9/32
ADE.
May
5-9/32 5-9/32 5-9/32 5-$/32
Market:-Quiet,
Silver Duty, Rate
The Central Bank of China's rate on London at 10 am, today Was 1/2-1/24.
The Equalisation rate was 241
per cent
Calcun Exchange
Calcutta, Apr. 15 (Reuter). 7.1 on Japan, 81-1/2
India Rupee Paper
Bombay, Apr. 15 (Reuter). Govt,-31% Rupee, 95-12-0.
LONDON GOLD
London, Apr. 15 (Reuter). Bar Gold, Fine per oz., 188/-
Newsprint production in Canada for the year : 1940 aggregated 3,418,803 tons, an increase of 549,537 tong over 1939,
Loan, 1908
Chinese 8% Ster. Noter,
1925 (Vickers) ..................
Chin. Imperial Rly. 5%
LDET!
Honan Ply, 5t Sukuang Rly 5%. 1911..
(LP. N/Y Issue) Bukuang Rly. 5%, 1911
German Issue); Lang Tsing & Hai
Rly. 5% 1913 S'hai-N'King Rly.5% Tientain-Pukow Rly. 5%
(Brit. Stpd.) Tientsin Pukow Rly. 5%
ོ་སྣ་རྒྱུ་སྒྱུ ཀྱི སྦྲུལ
14
London, Apr. 15 (Reuter). Silver-Small trade demand was satisfied by Indian Government. Market steady. In the afternoon, the market was steady but with no business.
Forward, 23-1/24.
BOMBAY SILVER
LONDON STOCK
EXCHANGE.
LONDON, Apr. 16 (Reuter)
* .10 off .36 off Business Dono:-450,000 shares
Co-operatives In Yunnan, Kweichow KUNMING, April 18 (Central)
A Yunnan-Kweichow headquarters
In the Stock Exchange, the Medi- terranean situation was respon. sible for the generally cautious has been set up by the Chinese Industrial Co-operatives to pro- tendency prevailing yesterday,
Prices were widely marked down mote the development of Industrial but there was no celling prés- co-operatives in sure, I anares and European
vinces.
these two pro-
bonds were especially easy, out There are about 110 industrial Industrials kept relatively steadyen-operatives scattered in various and Gilt-edged closed steadler.parts of these provinces. Their Japanese and Brazilian bonds also principal products include ma- declined.
chines, leather goods, canned goods and plece goods
E
Bombay, Apr. 15 (Reuters: Market Steady.
Offitake 70 bars,
Indian Mint Silver
Ready
12
Apr. 22 Settlement
May 21 Settlement
63.00 63-00- 83-03
Wall Street was barely steady
12
14
ས མས་མ
12
(German-Stpd.) ( Tientsin-Purow Rly. 5%
Brit. Stpd. Supt. Loan) 12 Tientaln-Pukow Rly, 5%
(Ger. Stpd. Supl. Loan) 12 Tap. 6% Ster. Loan, 1924. 201-24 Oer, 7% Intl. Loan, 1924 8 Chartered Bank ............ &1 HK. & Shai Bank (Ldn.
Reg.)......
AUSTRALIAN LOAN
CANBERRA, Apr. 16 (Reuter) Australia is to raise a 000 Loan.
-
£35,000,-
Twenty-seven million of" this
لد اول
SHANGHAI BANKING COR- Authorised Capital.....$10,000,000.00
PORATION Rules may be obtain- Paid-Up Capital'.
For the HONGKONG & SHANGHAI
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1839.
נן
Head Office:-HONG KONG No. 10 Des Voeux Road, Central
Board of Director. HON. SIE SHOUSON CROW, Chairman
Li Koon Chan, Esq. Li Lan Sang, E P. K. Kwok, Esq. Wong, Cha Son, B14.
13, QUEEN'S ROAD, CENTRAL Wong Tun Tong, Baq. Fang Ping War Eaq.
Chan Ching Sack, Esq..
KAN TONG PO, Esq., Chief Manager. HON. MR. LE THE FONG, Manager
18, PINE STREET.
NEW YORK. An American Bank offering com-
plete. Foreign Banking Service Amor, in the principal Markets of the Baaris Bombay world. Interest Rates on Application,
SAFE DEPOSIT BOXES
Branches und Agencies:
Koroon Penanz dingspora Loudon
Bazigoon Sourabaya Manila Co
Haigon
SWALOW San Fran. Sydney
Calopsia
Kelbourn
.
Haiphong Hankow
manolala
New York Pariy
Pelping
ין
KODO...
Seattle
dlac, inatako
Vancouver
SERATAN
Shangha
Every description of Banking and
This Bank is entirely owned by Exchange business transacted. Loans
THE CHASE NATIONAL BANK "NEW YORK. with Resources of
over U.S.23,800.000, UDC.
D. L. BALLANTYNE,
י,
granted on approved securities.
Current Accounts epened in Locs! Currency and Fixed Deposits re- ceived for one year or shorter Manager.periods in Local and Foreign Cur rencies on terma which will be quoted on application.
SAFE DEPOSIT BOXES TO LET.
KAN TONG PO,
WANT-ADS are Seen!
INDO-CHINA
STEAM NAVIGATION COMPANY IN
will be for war purposes and the Operating Services for Cargo and Passengers
remainder for public works, in- cluding roads.
strategic railways and
The Loan will be issued in two. sections, one on short term bear- ing interest of two-and-a-half per cent, and the other on long term at three-and-a-quarter per cent,
75
HK Shai Bank (Cal
··Peg) ·..
784
Chinese Eng. & Mining
Dearer
15/- Chosen Corporation..... 4/~ Mercantile Bank of In-
dia. £5, "0"
Dunlop Rubber
10)
Bristol Aeroplane
1/6
10/-
111
+23
Pekin Syndicate
S'hat Elec. Constr. Co. S'hal Waterworks "A" Unton Insurance Gula Kalimpong Rubber. 15- Lon, Mid,, & Scot., Rly: 111 Great Western Rly 314 National Bank of India 311 B.-A. Tob (bearery. 83/9
32/9
10/41
imperial Chemical Ind. 29/3 Waited steel
-21/3
Woolworths. 48/1} Maranan Investments 8/3 Western Holdinga ...... 9/3 Bub-Nigel
:142/6 Then Frand & Trad,
bearer)
· 40/7)·
bid
TO-
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN -
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside the Boosevelt Terminal in the French Concesionat Shangbai, where: passengers and cargo are lauded.
For further particulars
please apply to
JARDINE MATHESONG
TELEPHONE ZOXIL• GENERAL MANAGERS
Chief Manager.
BANK OF CHINA
"Specially Chartered by
THE NATIONAL GOVERNMENT OF CHINA 38 AN INTERNATIONAL "EXCHANGE
BANK
PAID-UP CAPITAL $40,000,000:00 (BRANCHES ALL OVKE 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
KONGMOON
TOISHAN
SHIUCHOWKINGCHOW
We also handle the issue of Bonds and other Public Funds of the Chinese Government both at Home and Abroad
SHOU
CHEN
Manager
►