NEW YORK, April 23, 1941,
High Low
**** 180
New York Cotton, May New York Rubber, May Chicago Wheat, May Chicago Corn, May New York Hides, June NEW YORK COTTON
11,20 11.08
22.53 22,45
Prev. Today's
Close Close
11,15 11.14 22 5322.45
£93 821 673 67 13.74
Close
13.82
Change,
.01 off .0% off 854 887 1. off unch.
· 671 671 13.72b 13.706 02. off
Closing
Change
Alleghany Steel Co.
Allis Chalmers
May
11.15/15
11.14/14
01 on
Amer. Can
63-3/4
July
11.08/12
11.11/11
04 up
American Cyanamid B.
October
11.08/09
unreceived
Amer. & Foreign Power
102 1/2
11:07/08 11.06/06 11.03 N .. 11.03 N
.01 off
Amer& Foreign $7 pf........
unch:
Amer. Locomotive
On demand
104
48
On Bangkok:-
On demand
143 1/8
CHICAGO WHEAT
On Sterling Notes:-
Bank Baying Rate
Now.
May
Bar Silver DEF OF
***
23 1/9
July
September
CHICAGO CORN
May July
September
Telegraphie Transter. 182 5/8
and demand
On New York!--
Bank Bills, on demand 24 "Credlis, 60 days' sight 24 3/4
On Batavia:--
On demand .............. 45
On Paris:-
1:
Bank Bulls, on demand Nom. Credits 4 months' sight Nom.
On Saigon:-
On Manila:-
'On demand
NEW YORK RUBBER
May
Spot
11.05/05 11.07/07 11.35
11.34
.02 up
Amer. Metals Co.
01 of
Amer. Radiator
Total sales Tuesday:--85.100 bales. The First Notice "Day for May Cotton is April 25 and date of delivery is May 1.
Amer. Rolling- Mill
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
APRIL 24, 1941, -
On London:-..
...Telegraphic Transfer. 127/A
Bank Bills, on demand 1/2 7/5/ Credits 4 months' sight
On Singapore:-
On Shangfal:
On demand
1
On demand
On Japan:-
On demand
On India:-
NEW YORK COMMODITY (REUTER'S SERVICE)
December
January March
MARKET
NEW YORK STOCK EXCHANGE
STOCKS
Adams Express
QUOTATION
(REUTER'S SERVICE)"
APRIL 24, 1941.
STOCKS
FRIDAY,
APRIL 25, 1941,
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital... 850,000,000
INDIA, AUSTRALIA
AND CHINA
Isated & Fully Paid-Up $20,000,000 Incorporated by Royal Charter, 1850
Reserve Funda: Sterling
£6,500,000 Paid-Up_Capital ...........£3,000,000 H.K. Currency Reserve $10,000,000 Reserve Fund Reserve Liability of
Reserve Liability of Pro-
prietors........... Proprietors
‚ $90,000,000 |
.£3,000,000
.....£3,000,00% HEAD OFFICE: London:
38, Bishopsgate E.C.2. Sub-Agencies In London: 117/122, Leadenhall Street, E.0.3)2
West End Branch; 14/16, Cockspur Street, S. W 1 Manchester Branch:
32, Mosley Street, Manchester, L
AGENCIES AND BRANCHES ·
ALOR STAR
·HONG KUNG ·PENANG
Last Sale
Last Sale
Apr. 23
Apr. 23
51
Kennecott Copper
321
137
Libbey-Owens-Ford
Glass
Head Office:-HONG KONG
312
251
Lockheed Aircraft
20:
831
Loew's Inc.
30
Board of Directors: Hon. Mr. J. J. Paterron,
351
Martin, Glen I
267
Chairman.
3
Montgomery Ward
331
181
|National Aviation
W. H. Lock, Esq.,
71
111
Nat, Dalry Products
Deputy Chairman.
131
16*
National Distillers
J. K. Bousfeld, Esq.,
182
$*
Nat, Power & Light
A. H. Compton, Esq.,
01
L. J. Davies, Esq.,
13
National Supply Corp.
41
Hon. Mr. S. E. Dodwell,
Amer. B'ting and Ring Co. 369 Amer, Sugar Refining Amer, Tel.
New York Central
121
16
Niagara Hudson Power
2+
Tel......
155
N. American Aviation
123
Hon. Mr. T. B. Pearce,
Arner. Tobacco "P"
68
North American Co.
132
22.53/53
22.45/45
.08 of
Amer, Waterworks
✡
Northern Pacific
6.
Hon. Mr. A. L. Shields, Sir 'Vandeleur M. Grayburn,
July(New contract) September ( } December {
#
22.05/05
31.63b/85
71
21,25 N.
21.95b/97 21.59/59 -21,20 N
~10 off 04 off
Anaconda Copper
23
Packard Motors
甏
24
Atchison, T. & S. Fe
23"
Paramount Pictures
112
.05 off
G. Miskiu, Esq.,
K. S. Morrison, Esq., -
BATAVIA
BOMBAY
CALCUTTA
AGENCIES:
Chief Manager. "FAILLIX PLACK
CLAVE STEKET KUALA
LUMPUR KUCHING,
TAIPING
AMRITSAR
BANGKOK
KLANG
KOBA
ILOILO
1POR KARACHI
11
MANGOOR
BALGON
BERIMBAN
BELANGHAJ
SINGAPORE
SITIAWAN
SOURABAYA
Aviation Corp.
2}
Pennsylvaniaą RR
232
Branches:
Total sales for the day:-240 tons.
The First Notice Day for May rubber is April 29 and last trading day is May 27..
Baldwin Lecometive
12}
Phillips Petroleum
Baltimore & Ohiɑ.
34.
Pullman Inc...........
Amoy
Bangkok
Johore Rangoon Kobe
Saigon
Barnsdall Qu
81
Pure O...
CANTON CAWNPORI CEBU COLOMBO DELHI.
TIENTSIN
.. MADRAS
"TONGIN
MANILA
(Bhuket)
MRDAN
TAINOTAL
Batavia
Kowloon . San
Bendix Aviation
331
| Radio Corpn. of Am.
Bombay
Бива
Francisco
Bethlehem Steel
693
Reading Company,
Com
14
Calcutta
Lumpur Shanghai
HAIPHONG KAMBURG KANTOW
NEW YORK
TOTOHAMA
FS1PING
89/892
872/873
88871.
381/99
·861/961. 861/87
of
Biles & Co.
144
Remington Arms Co., Inc.
44*
Canton
London
Singapore
(Peking)
1 off
Boeing Airplane Co.
13
Republic Aviation Corp. ...
31
Chetoo
Lyona
Sourabaya
1. Of
Borg-Warner
161
Republic Steel
Colombo
Malacca
Sungei
June
September
May
at 402.
MARKET
Quiet.
STERLING
May
July
any
The market closed at lunch time with buyers at 24.1/4 for near and forward and possible sellers 24.3/16 for Cash.
- July
Market Report
FROM ROZA BROS.
Thursday, Apr. 24.
unchanged were Silver prices yesterday, the quotations remain- ing at 23.1/2 for Ready and For- ward. Silver advices reported the market as being steady with business done. American Silver was quoted at 34.3/4 for Spot.
No
The London/New York cross- rate was quoted at 402,1/2, New York/London was quoted 1/4.
There were scllers at 1/3 up to June, buyers at 1/3.1/82-for delivery.
U. S. DOLLARS Opened with sellers at 24.5/16, buyers bidding 24.3/8. Subsequent- ly the market eased off and busi- ness was done at 245/16 and
NEW YORK HIDES
Total sales for the day:-58 lots. NEW YORK COCOA
The First Notice Day for May cocoa is April 24 and the last trading day is May 22, NEW YORK SUGAR NO. 3
Volume of business done:-188 lots.
The First Notice Day for No. 3 Sugar, is April 24 and the last trading day is May 23. NEW YORK SUGAR NO. 4
May July
.78b/79a .75/b/76A :81b/.82a 79b/.79ja Volume of business done:-34 lots... The Last trading day for No. 4 Sugar is May 1. also at 24.1/4 for near delivery. NEW YORK COPPER FUTURES
Tuesday's males:-10,812,000 bushels.
Briggs Mfg.
184
Reynold Tobac. "B"
Dairen
Manila
Palani
30
Foochow
Muar
Budd M'facturing" Corp.
31
Schenley Distillers
Swatow
81
"Iaiphong (Jobore) Tientsin
Canadian. Pacific' R'way
31
Shell Union Oll
124
Flankow
Mukden
Tokyo
-671/671
674/871
unch.
Celanese ...
201
Socony-Vacunum Ou
81
Harbin
68/677
684/88}
878/673 88/68
tof
Chesapeake & Ohio
37%
Southern Pacific:.
11
Iloilo
off
Chrysler Corpn.
Southern Rly 35 pfd.
242
Ipoh.
Columbla Gas & Elec........
27
Spicer Manufacturing Co. 27*
13.72b/73a 13.70b/718 13,77/80 13.76b/784
.02 off 01 off
Commercial Credit Co....
241
Standard Brands
5+
Com, & Southern (Ord.)
Stand Gas & Elec,
Consolidated Edison
19"
Standard O11 of N.J.
Consolidated 04
51
Studebaker Com,
Copperweld Steel
14
Swift International
174
7.19 N
7.21422
02 up..:
Ourtiss Wright (C)
15
Technicolor
quoted on application.
Douglas Aircraft
67
Texas Corpn.
Du Pont de Nemours
140
various sizes to let
Trans-America Co.
Eagle Picher Lead
7
20th Cent. Fox
TRUSTEE and
EXECUTOR
51
business undertaken.
Elec. Autolite
26
2.446/45a 2.44b/45a 2.45b/463 2.45b/45a
unch.
Elec Bond & Share
unch.
Elec. Bend & Share. $5 pl.
Mec. Bond & Share $6 pí.
Elec. Power & Light" #7 př. Flintrote
·Gen. Electric
Gen. Motors.
.024 off
Gen. Railway Signal
.02 off
Gen. Hire & Rubber
Goodrich (B.F.)
Goodyear Tire & Co.
Great Northern Iron Ore
11.45b/52 11.476
Great Northern Rly, píd.
.02 up
NEW YORK COTTONSEED OIL
1
at
Great Western Sugar ...... Int Nickel .....
July
9.14b/17a 9.05/05
.09 off
Inter. Paper & Power
NEW YORK LARD
September
July
SHANGHAI DOLLARS Opened with sellers at 471 with 473. At business done as high as the close there were sellers st 471.1/2, buyers at 472.
SHANGHAI MARKET Sterling opened with sellers. ät 3.3/16 and closed with sellers Rt
Spot, US. 3.11/64 for
Dollars opened with sellers at 5,5/32 and closed a shade lower at 5.1/8" for Spot.
AFTERNOON MARKET
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
Int. Tel. & Tel. Johneman
9.10b
8.95/95
.15 off
NEW YORK BLACK PEPPER
6.83/63
N.Y. Official Sliver
84-3/4
N.Y.-Londca Cross Rate
4.02-1/4
6.61/61 34-3/4 unreceived.
.02 off
1840/41
Righ
Low Dow Jones Averages 152.80 111.84 30 Industrials
32.47 22.16 20 Rails 26.46 18.03 20 Utilities 92.19 83.08 40 Bonds 64.07 48.74 11 Commodity Index
SILVER MARKET
LONDON SILVER
.10 up 91,19 .40 up £2.64 .38 oft Business Done:---470,000 shares
LONDON STOCK
EXCHANGE
London, Apr. 23 (Reuter).
LONDON, Apr, 24 (Reuter) Silver-Small trade buying was The Stock Exchange was very
in
by Indian
Government cautious. Apart from A Little sources. Market steady. In the lowering Gut-edged. price afternoon, the market was steady changes were with no business,
few and business
Spot, 23-1/2d.
Forward, 23-1/24.
BOMBAY SILVER
Bombay, Apr. 29 (Reuter). Market-Steady. Oftake 100 bars. Indian Mint Silver
idle.
Industriais ruled fairly steady and Oils and Home Rails were also about unchanged, while among Katrs non-producers casionally offered.
OC-
Spanish 4 per cent, declined from 42 to 381 Japanese and Greek Bonds were also dull but Egyptian unified higher.
Wall Street was dull,
The market was quiet in the afternoon.
STERLING
sellers 1/3.
£
are subject to confirmation and nox & Bhai Bank. (Col. responsibility is assumed for errors in transmissión. «
London, April 23. The following quotations are the middle prices at the close of the market in London. All quotations & Shat Bank (Lan.
Reg:)
Jap. 6% Ster. Loan, 1924 193-22 Ger, 7% Intl. Loan, 1924 54 20 Chartered Bank
81
714
met
Peg) Chinese Eng. & Mining
734
103-15/16
(bearer Chosen Corporation
14/-
4/-
1012
Mercantile Bank of In-
10
dia, £5, "G"
11
Pekin Syndicate
1/
39
8'hal Elec, Constr. Co....
18/-
Chinese 5% Gold Bonds.
1925/47
etal Waterworks “A”
15
38
Union Insurance
22
the
Chin 41% Anglo-French
Loan, 1909
15
Gula Kalumpong Rubber 15/-
Ready
40
Lon., Mid, & Scot., Rly. 118
May 21 Settlement
Great Western Rly.
317
June 20 Settlement
82-09 62-10 62-11
22
National Bank of India 304
8.-A. Tob. (bearer)
83/9
1913 (Ldn. 15.) is
28
Dunlop Rubber
32/-
Chinese 8% Sten Noten,
1925 (Vickers)
Bristol Aeroplane
10/-
8-10
Imperial Chemical Ind. 297-
chin. Imperial Rly, 5%
Loan
United Steel
21/3
48
Woolworths
46/3
Honan Rly, 6%
12
Marsman Investments
8/3
Hukuang Rly. 5%, 1911...
Western Holdings ......... 9/6
(L.P. N/Y Issue) .......
-13
Sub-Nigel
142/6
Operating Services, for Cargo and Fassengers
Bukuang Rly. 5%. 1911
Shell Trang. & Trad
(German Issue>
11
(bearer)
40/71
TO-
Lung Taing & U Esi
Rly. 5% 1913
*bid
* -ex, dhr
BWATOW, SHANGHAI, TSINGTAU, CHEFOO
10)
London
9/9-1/8.
| S'hal-N'King R17.5%
14
5-1/18
Japan
21-1/2
Tientsin-Pukow Rly. 5%
(Brit. Stpd.)
11
17-1/4
Tientsin-Pukow Riy, 6% (German Stpd.}.........
11
1912
The market closed with * 1/3 up to June, buyers at 1/32 for any delivery.
US DOLLARS
The market was a shade steadier in the afternoon. A small bual ness was done at 24.1/4 for Cast
closed with small The sellers at 24.1/4 for Cash, buyers
market
at 24.6/16 for Cash.
War Loan, 31% Red.
after 1952) Defence Loan, 3 Canton-Kloon, RF, 5% Chinese 47% Gold. Iwan
1898 (Brit. Issue)
SHANGHAI DOLLARS Bualness was done early in afternoon at 471./2 followed by Chinese 5% Crisp Loan
470 1/4 transactions at 470.3/4, and 470. The market closed with Chinese 5% Reorg. Loan. sellers at 470, buyers at 470,1/4 for Cash:
SHANGHAI MARKET Quiet. There were sellers of Sterling for Spot at 3.11/64 and US Dollars at 5.1/8 for Spot.
Shanghai Exchange
Shanghal, Apr. 24 (Reuter).
Official T.T. Rates
New York
Opening
India
Paris Hongkong
Sterling
nominal 20-3/4
Rellers***
..pening Closing
0/3-11/64 0/3-11/04 0/3.11/64.
Spot
0/3-3/10
Apr,
0/3-3/16
May
0/3-3/18
1.8. Dollars
Spot ...... $5-6/32"
Apr.
-5--5/32
May
Market:-
5-6/32 Qules.
:5-6/32
.....5-5/32
$5-5/32
| Tientsin-Pukow Rły..5%%%
(Brit. Stpd. Bupl, Loan) 11. Tientsin-Pukow Rly. 6%
(Ger. Stpd. Bupl Loan) 11
Calenta Exchange
Calcutta, Apr. 23 (Reuter). T1 on Japan, 81-1/2.
India Rupee
Paper
Bombay, Apr 23 (Reuter). Govt. 34% Rupes, 94-00-0.
LONDON METALS
EXCHANGE
London, Apr. 23 (Reuter). Tu Standard, Cash, Middie. Price, £270-7/8.
Tin, Standard. 3 months, Middle Price, £267-7/8)
Market barely steady. Ministry of Supply cash price at £271-1/2 Private offers further undersold Ministry's unchanged cash price, but fair routine buying was res- tricted by the decline. Hedge covering offset smelter selling of three month's options.
After
Hongkong, 26th February, 1941.
HONGKONG SAVINGS
I
The Business of the above Bank
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, 1939.
THE CHASE BANK
15. QUEEN'S ROAD,"CENTRAL
HEAD OFFICE:
Head Office: HONG KONG". No, 10 Des Voeux Road, Central
Board of Director.
HON. SIR SHOUSON CHOW, Chairman Li Koon Chan, Esq. Li Lan Sang, Esq. P. K. Kink. Esq. Wong Chu Son, Eisq. Wong Tun Tong, Ey, Fang Ping Wah Esq.. Chan Ching Shor, Boq.
KAN TONG PO, Esq., Chief Manager · Hox. MR. LI Tas Fona, Manager
18, PINE STREET.
NEW YORK. An American Bank offering com-
plete Foreign Banking Service AMOY in the principal Markets of the Batavia world..
Interest Rates on
Application,
"SAFE DEPOSIT BOXES
Bombay
Calentia Haiphong
Hazikow
Honolulu
"
Branches, and Agencies:
Kowloom Panang
Manila
Magapore Hazroon Sourabaya Balgan Bartow
alabouras San Fran. Sydney Nagaanka New York Beattie Part
I'dipling
coa satin
Vancouver
Bemarang Shangha
>
Every description of Banking and
This Bank is entirely owned by Exchange business traumcted. Loans THE CHASE NATIONAL BANE, granted on approved securities.
NEW YORK, with Besources of over U.S.$3,800,000,000.
D. L. BALLANTYNE,
Manager
WANT-ADS are Scen!
INDO-CHINA
Current Accounts opened in Loesi Currency and Fixed Deposite re- ceived for one year or shorter periods in Local and Foreign Cur rencies on
terms which will he quoted on application.
SAVE LEPOSIT BOXES TO L
KAN TONG po,
Chief Manager.
BANK OF CHINA
J
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE.
.BANK
STEAM NAVIGATION COMPANY LTD PAID-UP CAPITAL $40,000,000.00
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and ́ CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal in the French Concession at Shanghai, where passengers and cargo are landed.
For further particulars
please apply to
JARDINE MATHESON&Co.,LT
hours-ten tons of "3 months" at TELEPHONE 303II • GENERAL MANAGERS
£287.
(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 fäcilities for Domestic and Foreign Banking and Exchange.
Head Office: SHANGHAI
Hong Kong Branch:
4, QUEEN'S ROAD, C. South Chind Offices.
[CANTON
SWATOW SHIUCHOW
KONGMOON TOISHAN KINGCHOW
We also handle. the Tssue of Bonda". and other. Public Funda. of the Chinese Government both at Home and Abroad.
SHOU J. CHEN,
Manager.
Union Bag & Paper Corp.
101
New York Tsingtao Peiping Yokohama Penang
CURRENT ACCOUNTS opened
FORLIGN EXCHANGE and General Backing Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or shorter periods in Looal of Other Currencies at rates whiel will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates obtainable
in Local Currency and FIXED DE- en application. POSITS received for one year or The Bank's Head Office in London sbcrter 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 BOXES of terms which may be ascertained at
any of the Agencies and Branches.
W. H. EVANS THOMAS,
Manager.
21
Union Paciic
77
551*
United Aircraft
35
59
United Airlines Trans
111
30
United Corpn.
12;
United Corpn. $3 cum pf.
11/16 191
BANK
United
Gas Improvement
7
BANK OF EAST ASIA, LIMITED
38
U.S. Rubber
"20
11+
U.S. Steel
521
is conducted by the EONGKONG
101*
Vanadium
24
114
Vultee Aircraft
41*
id en application.
17
Walworth Co.
4}
5,598,600,00
Reserve aud Undivided
Profits
2,983,261.50
H
131
Warner Bros. Pict.
31
BANKING CORPORATION.
"
25
Westinghouse Elec,
88+
22
Woodward Iron Cor.
251*
271
Chase National Bank
14
National City Bank...
2*
Libby. Monell & Libby
571
DOW JONES AVERAGE
Apr. 24, 1941, Apr. 93, High Low Close
Change
118.78
116.82 115.33 116.69
.81 up
27.89
28.38 27.91 24.36
47 up
18.07
18.20 18.06 18.17
90.79
.63.03.
Loudon