6. Miskin, Es-1,
Hon. Mr. T. E. Pearce,
Hon. Mr. A. L. Shield, Sir Vandelaur M. Grayburn,
Chief Manager.
Singapore
Sourabaya Sungei
32. Rishopsgate E.C.2. Sub-Agencies In London: 117/122, Leadenhall Street, E.Q& West End" Branch; 14/18, Cockspur Street, S. WI
Manchester Branch: " 49, Mosley Street, Manchester,
AGENCIES AND BRANCHES
ALOE STAR AMRITH
BATAVIA
BONDAY
CALCUTTA
KONA KONG PENANG
ILOILO IPOR
KARACKI
KLANG
AGENCIES: 108
CLIVE STEDET ERLIL PLACK JANTON
DAWNPURS
KUALA
LUMPUR
KUCHING MADBAN
MANILA
MEDAN NEW YORK'. FLIPING
(Peking)
SINGAPOR
--SITIAWAN..
SOU BABAYA TUPINA
TIENTSIN
(Bhuket)
TAINOTAL TOKOHAMA
FORE.ON EXCHANGE and Genera). Banking Business transacted.
Transfer. 1/8 7/8
On Shanghai:--
On demand
460
New York Cotton, May New York Rubber, May- Chicago Wheat, May Chicago Corn, May New York Hides, June
NEW YORK COTTON
High Low Close Close Changé 11.20 11.15
11.27 11.15
22.80 22.53
903 897
42 80N 23.53
90}
STOCKS
672 674
13.86
13.75 13.75 13.725 .03 off
Adams Express
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
APRIL 23, 1941
On London:—
Telegraphic
Bank Bills, on demand 1/2 7/8 Credits 4 months' sight
NEW YORK COMMODITY MARKET (REUTER'S SERVICE)
NEW YORK. Apr. 22, 1941.
Prev. Today's
12 of 27 of 89+ # 07 .673b 671 å off
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
APRIL 23, 1911
STOCKS
Kennecott Copper
THURSDAY,
APRIL 24, 1941:
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
יו
Authorised Capital.
1!
$30,000,000
INDIA, AUSTRALIA
AND CHINA
| Issued & Fully Paid-Up 820,000,000 | Incorporated by Royal Charter, 1888
Reserve Funda Sterling
£8,500,000 Paid-Up Capital
Reserve Fund
H.K. Currency Reserve $10,000,000 Reserve Liability of
H
£3,000,000 £3,000,000
Last Sale
Last Sale
Reserve Liability of Pro-
Apr. 22
Apr, 22
Proprietors
$20,000,000 |
prieters .....
£3,000,000
51
HEAD OFFICE: LONDON:
317
Alleghany Steel Co.
Close
Closing
Change
181
Libbey-Owens-Ford
Glass
Bead Offer: HONG KONG
32
Allis Chalmers
23
Lockneed Aircraft
Un Singapore:→→
May
11.27/27
11.15/15
20
12 off
Amer. Can
83;
Loew's Inc.
On demand........
52 3/4
July
11.33/23 → 11:08/12
.15 off
29
American Cyanamid B.
311
Martin, Glen L......
Board of Directors: Hoa, Mr. J. J. Paterson
26
On Japan:-
October
11.17/17
11.08/09
.09 off
Amer, & Foreign Power
Montgomery Ward
On demand
102 1/2
December
11.15 N
11.07/09
.08 off
321
Amér & Foreign $7 pt....
17
National Aviation
W. H. Lock, Esq.,'
On India:-
Telegraphic
Transfer.
January March
11:11/11
11.03 N
.08 off
Amer, Locomotive
103
Nat Dairy Products
and demand.
-82 5/8
Spot
11.14/14 11.47
11.05/05
.09 off
13
Chairman.
Deputy Chairman,
Amer. Metals Co.
16
11.35
.12 off
Amer. Radiator ....
G
On 'New York:-
Total sales Monday:-61,400 bales.
Amer. Rolling Mil
123
On Batavia:-
On Paris:"
Bank Bills, on demand 24
Credits, 60 days sight 21 3/4
On demand
!
Bank Bills, on demand Nom.
Credits 4 months right Nom.
The First Notice Day for May Cotton is April 25 and date of delivery is May 1.
Amer. Sting and Ring Co., 354 Ainer, Sugar Refining
15
Amer. Tel
Tel.
1551
NEW YORK RUBBER
Amer. Tobacco "B"
671
"May
On Saigon:-
On demand
104
July (New contract) September ( December
>
22.80 N - 22.53/53 21.90/90 22,05/05 21.45b/48a 21.63b/652 21.15 N 21.25 N
27 ot .15 up
Amer. Waterworks.
National Distillers Nat, Fower & Light National Supply Corp. New York Central..... Niagara Hudson Power N. American Aviation North American. Co. Northern Paciic
J. K. Bousfeld, Esq.,
181 61
A. H. Compton, Esq.,..
LJ. Davies, Esq.,
Hon. Mr. S. H. Nodwell,
117
21
K. 8. Morrison, Esq.,
BINGEOL
13+
RANGOON
BL100N
BEREMBAN
SHANGHAI
131
Anaconda Copper
Packard Motors
.18 up
Atchison, T. & 8. Fe.
251
Paramount Pictures
10 up
Aviation Corp.
24-
Pennsylvania R.R
Un Manila:
On demand. .......... 48
Da Bangkok
Total sales for the day:-260 toris.
The First Notice Day for May rubber is April 29 and last trading day is May 27.
Baldwin Lecometive
121
Phillips Petroleum
Baltimore & Ohlu
31
Pullman Inc...
Amoy
231
Barnsdall Ofl
81
Pure Ofl
Bangkok
Branches: Johore Rangoon Kobe Saigon
TONG KAR
CEBU COLOMBO
8
Bendix Aviation
33
Radio Corpn. of Am.
batavia
Kowloon San
DELEI
34
'On demand
149 1/2
Bombay
Kuala
HAIPHONG
ין
Francisco
Bethlehem Steel
651
Reading Company, Com
134
Calcutta
On Sterling Notes:--
CHICAGO' WHEAT
Lumpur Shanghai
Elsa & Co.
14*
Remington: Arms Co., Inc.
41"
Canton
London
SAMBURG HANKOW
Bank Buying Rate
Now..
May
90/901 89+/898
Boeing Airplane Co.
124
Republic Aviation Corp, ...
34
Chetoo
Lyons
Bar Sliver per os.
23 1/2
July
881/881
dian Government as having sold.
The market was steady. American
Silver was quoted at 34.3/4" tor Spot.
Market Report
FROM ROZA BROS.
Wednesday, Apr. 23.
Silver prices were unchanged yesterday, the quotations remain-
ing at 23.1/2 for Ready and For-
September
ward. Silver advices reported In- NEW YORK RIDES
Total sales for the day:-90 lots.
September
881/881
872/872 88/871.
2 off
Borg-Wamer
161
Republic Steel
17
Colombo
Malacca
of
Briggs. Mfg.
18A
Reynold Tobac. "B"
Dairen
Manila
304
Monday's sales:-9,242,000 bushëls.
Budd M'facturing Corp.
34
Schenley Distillers
Foochow
Mudr
21
Canadian Pacific R'way
34
Shell Union Oli
12}
CHICAGO CORN
Celanese
20
re
Socony-Vacunum Ol.......
81
Earbin
May..... July
8716
671/671
* off
Chesapeake & Ohlo
374
Southern Pacific
10
(loilo
68 a
ចឆ្លង
68/67) 681/681
# of
Chrysler Corpn.
561
Southern Rly $5 pfd.
23
Ipoh
4 ott
Columbia Gag & Mec,
21
Spicer Manufacturing Co. 281
Commercial Credit Co.
241
Standard Branda
52
Com, & Southern (Ord.)
Stand Gas & Elec.
9/16
June
September
...
13.75/75- 13.83/83
13.72b/73a 13.77/80
.03 of .00 off
Consolidated Edison
18
Standard Oil of" N.J.
342
Consolidated Ol
53
Studebaker Com
5
Copperweld Steel
13}
Swift International
171
Qurtiss Wright (C.)
74
Technicolor
31
quoted on application.
The London/New York cross- NEW YORK COCOA rate was quoted at 402.1/2, New York/London was quoted
Douglas Aircraft
65+
Texas Corpn.
361
May
7.15 N
7.19 N
04 up
Du Pont de Nemours
139
Frans-America Co.
4
various sizes to let.
at 402.
1/4.
The First Notice Day for May cocoa is April 24 and the last trading day is May 22.
Eagle Picher Lead
787
20th Cent Fox.
54
TRUSTEE and
Elec. Autollte
25
Union Bag & Paper Corp. 101
business, undertaken.
Elec Bond & Share .....
2
Union Pacific ....
76
MARKET
عمر
Quiet.
STERLING There were sellers at 1/3 up to June, "buyers at 1/3.1/32 for delivery.
NEW YORK SUGAR NO. 3
May July
Elec. Bond & Share $5 pt. .55
United Aircraft
344
any
2.45b/48a 2.446/451 2,460/47张 2.45b/480 Volume of business done:-212 lots.
. .01 off
Elec Bond & Share $6 pf.
59
United Arlines Trans
10%
.01 off
Elec. Power & Light $7 p. Flintkote
314
United Corpn.
124
United Corpn. 33 cum pí.
19
Gen, Electric
294
United
Gas Improvement 7
Gen Motors
372
U.S. Rubber
20
Gen. Raliway Signal
∙11
G.S. Steel
501
Gen. Tire & Rubber A ....
10
Vanadium
23
Goodrich (BF.).....
11
Vultee Aircraft
May July
7710/790 78b1.79a .81b/.82% .81b/.82a
.00 up unch.
Goodyear Tire & Co.
17
Walworth Co.
Great Northern Iron Ore ..
13
Warner Bros. Pict.
Great Northern Rly, pid
237
Westinghouse Elec.
Great Western Sugar
22.
Int Nickel
281
Inter. Paper & Power
134
at 471.1/2. The market
July closed
11.48b/55a 11.45b/52a
.03 off
Int. Tel. & Tel. Johnsman
2*
Woodward Iron Cor. Chase National Bank National City Bank Libby. Moneill & Libby
57
July .....
9.22/22
9.14b/178
.08 'off
DOW JONES AVERAGE.
SHANGHAI MARKET...
1940/41
Apr. 23, 1941.
Apr. 21, High Low Close
Change
HEAD OFFICE:
9:20/20
9:10b
.10 off
118.08
32.67 22.15 20
26.45 18.03 20
27.77
117.03 116:36 115.78 29.03 27.80 27.88
",28 of
.12 up
US Dollars opened with sellers
July
* .05 up
4.02-1/4
38.10 20.5% 63.28
18.20 17.96 18.07
.03 of 90.79 .27 up 63.03 .22 of Business Dono:—440,000 shares
Amor
U S. DOLLARS
The First Notice Day for No. 3 Sugar is April 24 and the. last trading day is May 23.
Some business was done at 24 NEW YORK" SUGAR NO. 4
3/8 for May delivery. The market! closed with sellers at 24.5/16 April/ June, buyers at 24.3/8 for Cash.
SHANGHAI DOLLARS
Opened with sellers at 470.1/2
Volume of business done:-33 lots. The Last trading day for No. 4 Sugar is May 1.
and then dropped to 469.1/2, TO-NEW YORK COPPER FUTURES wards the close business was done!
with sellers at 471.1/4, buyers at NEW YORK COTTONSEED OIL 471 3/4.
Sterling opened with, sellers at NEW YORK LARD
3.11/64. The highest rate touched September
was 8.3/16. At the close the rate
receded again to 3.11/84 for Spot. NEW YORK BLACK PEPPER
at 5.5/82 and then rose to 5.3/16.
The market closed with sellers at 5.6/32 for Spot.
Shanghai Exchange
Shanghai, Apr. 23 (Reuter).
Official T,T. Rates
London
New York
Japan
India.
Paris
Hongkong
Spot
Apr. May
Spot
Apr.
Opening
0/3-1/8
5-1/10
21-1/2
17-1/4
Opening Closing 0/3-11/84 0/3-3/16
0/3-11/64 0/3-3/16
...... 0/3-11/840/3-3/16
$5-5/32
5-5/32
May....... 5-5/32 Market:Quiet,
Calcutta Exchange
N.Y, Official Silver N.Y.-London Cross Rate
LONDON STOCK
EXCHANGE
(RRUTER'S SERVICE)
London, Apr. 22.
6.58b/60a 6.83/63 34-3/4 34-3/4 4.02-3/4
LONDON METALS
EXCHANGE
London, Apr. 22 (Reuter).
Standard.
271-1/2.
Cash, Middle
TILL Price,
Tin, Standard. 3 months. Middle The following quotations are the Price, £287-1/8: uriddle prices at the close of the
Market quiet in sympathy, with market in London. All quotations the East and America. After hours are subject to confirmation and no-70 tons of "3" months" at £287- responsibility is assumed for errors 1/4.
£
High Low Dow Jones Averages 162.80 111.84 30 Industrials
Raila " Utilitice 92.19 83.08 40 "Bonds 64.07 48.74 11. Commodity Index.
U.S. COAL STRIKE
WASHINGTON, Apr. 23 (Reuter)
AMERICAN LOAN
TO CHINA
- Bouthern coat-owners have
WASHINGTON, Apr. 23. (Reuter) agreed to restart negotiations with
--- The agreement whereby the the United Mine Workers for re- United States is lending China sumption of work following an ap- $50,000,000 to support and stabilise peal by President Roosevelt. -
China's currency is expected to be The appeal is for immediate re-signed this morning at the Trea- opening in the public interest, of sury. soft coal-mines, which have been Mr. Henry Morgenthau, Jr., will
shut for weeks.
US. TAX BILL
**
sign for the United States and Mr.
T. V. Soung on behalf of China.
WASHINGTON, Apr. 23^(Reuter) --The House
of Representatives proposed tax bill to raise $3,500,- Ways and Means Committee has c00,000 of new revenue during the voted in favour of the Treasury's next fiscal year..
Patani
⇓ Swatow
Haiphong (Johore) Tientsin Bankow Mukden Tokyo
New York Tsingtao Peiping Yokohama
Penang
CURRENT ACCOUNTS opened and FIXED DEPORITA received for One Year or shorter periods in Local o Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNTS also opent in Local Currency and Sterling with CURRENT ACCOUNTS opened) interest allowed at rates obtainable in Local Currency and FIXED DE-on application. POBITS received for one year or The Bauk's Head Office in London sherter periods in Local, and Other undertakes Executor and Trustee Currencies on terms which will be business, and claims recovery, of
British Income Tax overpaid, on
SAFE DEPOSIT BOXE'S of terms which may be ascertained at
any of the Agencies and Branches.
W. H. EVANS THOMAS,
Manager.
EXECUTOR
Hongkong, 26th February, 1941.
HONGKONG SAYINGS
BANK
The Business of the above Banki 's conducted by the BONGKONG.
SHANGHAI BANKING COB PORATION. Rules may be obtain
d an application.
For the HONGKONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong 25th Feb., 1839.
THE CHASE BANK
BANK OF EAST ASIA, «
* LIMITED
5,598,600.00
Authorised Capital,$10,000,000.00 Paid-Up Capital Reserve and Undivided
Profits
2,989,281.80
Head Office:-HONG KONG No. 10 Des Voeux Road, Central
Board of Director:
HON. SIB SHOUBON CHOW, Chairman Li Koon Chan, Esq. Li Lac Sang, Eeg. P. K. Kwok, Esq,
13, QUEEN'S ROAD, CENTRAL Wong Tun Tong, Esq.
18, PINE STREET.
NEW YORK. An American Bank offering com- plete Foreign Banking Service in the principal Markets of the world.
Interest Rates on Application,
SAFE DEPOSIT BOXES
Chan Ching Shok, Esq.
Wong Chu Son, Esq,
Fung Ping Wah Esq.
KAN TONG PO, Esq., Chief Manager Hox. Ma. La Tax FoкG, Manager
Branches and Agencies:
Bombay
Calentia
Haiphong Hankow
Kowloos
Louder
Mazzila
Melbourne
Sugranica Now York
Honolulu
Parla
Kave
Polping
Panscr Alagapara Rangoon Sourabaya Saigos Bwstaw
San Fran. Bydney cinde ioni Seate
Вакомкод
ghoghal.
Vandatter
Every description of Backing and This Bank is entirely owned by Exchange business transacted. Loans
NATIONAL BANE,granted on approved securities,
THE CHASE NEW YORK, with Resources of over. U.S.$3,600,000,000.
2
D, L. BALLANTYNE,
Manager,
WANT-ADS are Seen!
INDO-CHINA
Current Accounts cpened in Local Currency and Fixed Deposits re- ceived for que year or shorter periods in local and Foreign Cur rencies on
terms which will be quoted on application.
SALE LEPOSIT Boxm To LET.
KAN TONG PO,
Chief Manager.
BANK OF CHINA
.
Specially. Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
STEAM NAVIGATION COMPANY LTD PAID-UP CAPITAL 142,000,000.00
nominal 20-3/4
Sterning
Sellers
in transmission.
"
K
War Loan, 34% (Red,
after 1962)
4
LONDON "GOLD
104
Defence Loan, 3%
1011
London, Apr. 22 (Reuter). Bar Gold, Fine per oz., 168/-
U.S. Dollars
Janton-Eloon Rly. 54%
10
Chinese 41% Gold Loan
$5-5/32
1898 (Brit. Lue
39
525,32
5-5/32 -
Chinese 5% Gold Bonds,
1925/41
Chartered Bank
&#
38
Chin, 44% Anglo-French
HK. & Shal Bank (Idr
Reg.)
721
Loan, 1908
40
HK. & 8 hal Bank (Col.
Chinese 5% Crisp Loan.
Eer)
78+
Calcutta, Apr. 22 (Reuter). T.T. on, Japan, 81-1/2
1912.
22
Chinese Eng. & Mining
Chinese 5% Reorg. Loan.
1913 Ldr, Is.) Chinese 8% Eter, Notes,
1925 (Vickers) Chin. Imperial Rly, 5%
Loan Honan Rly, 5%
(bearer)
14/-
281
Chicaen Corporation.
41-
Operating Services for Cargo and Passengers
Mercantile Bank of In-
-8-10
dia, £5, "G".
TO-
111
Pekin Syridicate.......
17-
48
B'hai Elec, Constr. Co.
18/-
and TIENTSIN
12 ·
| Ghal Waterworks "A"
15
KOBE and
OSAKA
Hukuang Rly 5%, 1911...
Onion Insurance
22
(LP, N/Y Issue)
13
Hukang Rly. 5%. 1911
Gula Kalumpong Rubber 15/- Lon, Mid, & Sent. Rly. 11.
(German Issue
11
Great Western Rly.
314
Lung Tsing & U Hal
National Bank of India 30
Ry. 5% 1013
101
B.-A. Tob (bearer)
83/9
S'hai-N'King Rly. 6%
14
Dunlop Rubber
32/9
Bristol Aeroplane
10/-
11
Imperial Chemical Ind. · 29/11
nited Steel ........
20/71
11
Woolworths
46/3
India Rupee Paper
Bombay, Apr. 22 (Reuter), Govt, 31% Rupee, 84-14-0.
SILVER MARKET
LONDON SILVER
London, Apr. 22 (Reuter). Silver Small trade demand was satiafted by Indian Government sales. Market steady.
Spot, 23-1/2d.
Forward, 23-1/24.
"BOMBAY SILVER
Bombay, Apr. 22 (Reuter). Market-Steady. Offlake 100 bars. Indian Mint Sliver Ready.......
62-13
May 21 Bettlement..... 62-15 83-01 June, 20 Settlement
Tientsin-Pukow Rly. $%
(Brit. Stpd.) Tientsin-Pakow Rly, 5% (German Stpd.) .......... Tientsin-Pukow Rly. 5%
"Brit. Stod. Bupl. Loan) 11. Tientsin-Pukow. Rly. 5%
(Ger. Stpd Supl Loan) 11 Jap. 6% Bter, Loan, 1924 224 Ger, 7% Intl. Loan, 1924 6
Maruman Investments .. 6/3 Western Holdings were 9/8
142/6.
Sub-Nigel
40/71
-
hell Tran & Trad.
(bearer) bid
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
`SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt, Terminal in the French Concasion as Shanghai, where passengers and cargo are landed.
For further particulars.
please apply to
JARDINE MATHESON&Co.,LTD. TELEPHONE SOJIL · GENERAL MANAGERS -
̈(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 KINGCHOW...'
CANTON
SWATOW
SHIUCHOW
We also handle the issue of Bonda and other Public, Funds of the Chinese Government both at Home and Abroad,
SHOU J. CHEN,
Manager.
...