(REUTER'S SERVICE)
NEW YORK, April 29, 1941.
Prev. Today's
High
On Shanghai:—
New York Cotton, May New York Rubber, May Chicago Wheat, May Chicago Corn. May New York Hides, June
NEW YORK COTTON
11.30
23.70
23.05 23.05 23,50
45 up
92
91 911
084
681 681
911
ott 66a 1 up
STOCKS
13.99
13,82: 13,93
19.82 11 of
Adams Express
On demand
480
On Singapore:
On demand
May July
Close Closing
11.14/14 11:27/27
• Change
Allegilany Steel Co.
13 up
als cffalmers ...
11.19/19
11.33784
.14 up
Amer, Can
52. 3/4
October
11.21/31
11.34/36
.13 up
American Cyanamid B
On Japan:--
11.21/21
11.38/38
.15 up
Amer. & Foreign Power .
On demand
102 1/2
January
11.17/19
11.31 N
14 up
Amar
& Foreign $7 pt.
On India:—
Telegraphic
Transfer.
and demand aquanın)
-92 0/8
March Spot
11.20/20
11.38/36
16 up
Amer. Locomotive
11.34
11:47
13 up
Amer. Metals Co.
A
Amer. Radiator
8 8 8
On New York:-
Amer, Rolling Mi
Bank Bills, an demand 23 7/8 Credlig, 60 days' sight 24 5/5
Amer. Sting and R's Co.
Amier, Sugar Refining
On Batavia:—
On demand
On Paris:
Bank Bills, on demand Nom.
Credits & months' sight Nom.
On Balgon:-
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
·APRIL 30, 1941.
On London:-
Telegraphic Transfer. 1/2 7/8 Bank Bills, on demand 1/3 7/8 Credits 4 months' sight
NEW YORK COMMODITY MARKET
December
Low Close Close Change
· 11.13 11:14 11.27 13 up
Total sales Monday:-79,300 bales.
The last trading day for May cotton is May 18.
NEW YORK RUBBER
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
APRIL 30, 1941.
STOCKS
THURSDAY, MAY_1_1941.
BANKS
SILANGHAI THE CHARTERED BANK OF
„BANKING CORPORATION
INDIA, AUSTRALIA
“AND CHINA
Issued & Fully Paid-Up $20,000,000 | Incorporated by Royal Charter, 1858
HONGKONG &
Authorised Capital $50,000,000
Reserve Funds:
Sterling
£8,500,000 Paid-Up_Capital
£3,000,000
£3,000,000
Reserva Liability of Pro-
..$20,000,000
•prietors......
£3,000,000
HEAD OFFICE: LONDON:
H.K: Currency Reserve $10,000,000 Reserve Fund Reserve Liability of
Uropriators
Head Omee-HỌNG KONG.
Chairman.
Deputy Chairman,
38, Bishopsgate E.C..
Sub-Agencies In London; 117/192, Leadenhall Street, E.c.a West End Branch: 14/16, Cookspur Street, S.WI Manchester Branch; 52, Mosley Street, Manchester, 1.
AGENCIES AND BRANCHES.
ALOR STAR
AMRITSAR
BANGKOK
HONG KUNG FINANG ILOILO
IPOH
RANGOON
SAIGON
BREMBAN
Last 'Sale'
Apr. 29
5
31
Kennecott Copper Libbey-Owens-Ford
Last Sale
Apt. 29 321 Glass 321
25
Lockheed Aircraft
22
801
Loew's Inc
801
35+
Martin, Glen L
271
Montgomery Ward
Board of Directors: Hoa, Mr. J. J. Paterson,
W. H. Lock, Esq.,
317
161
National Aviation
121
Nat Dairy Products
J. K. Bousfeld, Esq.,
13
16**
National Distillers
A. H. Compton, Esq.,
171
61
Nat, Power & Light
L. J. Davies, Esq.,
Hoa. Mr. S. H. Dodwell,
131
National Supply Corp..
5
G. Miskin, Esq.,
97
New York Central
121
K. 8. Morrison, Esq.,
153*
Niagara Hudson Power
21
Hon. Mr. T. E. Pearce,
.............................. 44 3/4
May
July (New contract)
September (
December
23.05/05
23.50/51
45 up
Amer. Tel & Tel
153
N. American Aviation
BATAVIA
BOMBAY
TABACH
13
22.50/54
22.99/23.02
49 up
Amer. Tobacco "B" ......
88
North American Co.
13
Hon. Mr. A. L. Shields, Bir Vandeleur M. Grayburn,
22.00/00
21.70 N
22,50/50 22.15/15
,50 up
Amer. Waterworks
44
Northern Pacific
B+
.45 up
Anaconda Copper
231
Packard Motors
21
On demand
103 1/2
On Manila:-
On demand
............ 47-3/4
On Bangkok:-
CHICAGO WHEAT
149 1/9
May.....
#
July
Now.
September
23 1/2
CHICAGO CORN
May...
July
as
May
403.
On demand
Or Sterling Notes:--
Bank Buying Rate
Bar Silver, per os.
Market Report
FROM ROZA BROS.
J
Wednesday, April 30.
September
NEW YORK HIDES
Silver prices were unchanged yesterday, the quotations remain- ing at 23.1/2 for both Ready and Forward, Stiver advices reported the. market
Total sales for the day:-66 lots. being steady, i American Silver was quoted at
NEW YORK COCOA 34.3/4 for Spot.
The London/New York cross- rate was quoted at 402.1/2. New York/London was quoted at
7,09 N 7.20 N. The last trading day for May cocoa is May 22,
NEW YORK SEGAR NO. 3
912/91 911/01 891/891
891/891
894/891. 89/89
Total sales for the day:-690 tons.
The First Notice Day for May rubber is April 29 and last 10 trading day is May 27.
Bendix Aviation
Atchison, T. & 6. Fe
27+
Paramount Pictures
11.
Aviation Corp.
21
Pennsylvania, RR.
24
Baldwin Lecometive ........
137
Phillips Petroleum
Amoy
Branches: Johore
391
Bangkok Kobe
Baltimore & Ohio
31
Pullman InC............
24
Batavia
Kowloon
Rangoon Saigon San
Barnsdall Ol
831
Pure Oll
81
Bombay
Kuals
Francisco
Monday's sales:-15,479,000 bushels.
681/681
68ja
682/684
681/081
$5
$99.
343
Radio Corph. of Am,
31
Calcutta
Lumpur Shanghai.
Bethlehem Steel
ΤΟ
Reading Company,.. Com
141
Canton
London
Buss, Co.
142*
Remington Arms Co., Inc.
Chefoo
Lyons Sourabaya
Singapore
Boeing Airplane Co.
138
Republic Aviation Corp.
Colombo
Malacca
Sungei
Borg-Warner
181
Republic Steel"
Daïren
Manila
Ratani
171
Briggs Miz.
19
Reynold Tobac. "B"
Foochow
Musr
Swatow
30
Budd M'facturing Corp.
31
Schenley Distillers
Bankow
Canadian Pacine R'way
33
Shell Union Oll
121
Harbin
Celanese
211
Socony-Vacunum Oil
Iloilo
684/683
69/69
.up
Chesapeake & Ohio
381
Southern Pacific
111
Ipoh
Chrysler Corpn.
58+
Southern Rly $5 pia.
244
Columbia Gas & Fec ....
21
Spleer Manufacturing Co. 281
June
September
12.93/93
13.82/85
11 of
Commercial Credit Co.
251
Standard Brands
51
13.98b14.00a 13,92b/95a
08 of
Com, & Southern (Ord.)
#
Stand Gas & Elec.
Consolidated Edison
194
Standard Ou of N.J.
35
Consolidated Oll
54
Studebaker Com.
51
Copperweld Steel
Swift International
177
Curtiss Wright (0)
8
Technicalor
81
11 up
Douglas Aircraft
Texas Corpn.
371
Du Pont de Nemours
1404
Trans-America Co.
41
TRUSTEE and EXECUTOR business undertaken.
Eagle Picher Lend
72
20th Cent. Fox.
54
1/4.
MARKET
Quiet.
Elec. Autolite
261
Union. Bag & Paper Corp. 101
Hongkong, 28th February, 1941.
Haiphong (Johore) Tientsin
Mukdes Tokyo
New York Tsingtao Peiping Yokohama... Penang
MRDAN
NEW YORK PRIPING
(Peking)
(Bhuket)
THINOTAL YOKOHAMA
FORE ON EXCHANDA and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITs received for One Year or shorter periods in Local on" Other Currencies at rates which will be quoted on application...
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with CURRENT ACCOUNTS, oponed-interest allowed af rates obtainable in Looal 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 shd Trustee Currencies on terms which will be business, and claims recovery of quoted on application.
British Income Tax overpaid, on
SATE DEPOSIT BOXES of terms which may be ascerta ned at
various sizes to let..
any of the Agencies and Branches.
W. H. EVANS THOMAS,
Manager.
Chief Manager, FAIRLIN PLACE
EVALA
LUMPUR
KUCHING
MADRAS
MANILA
KLANG
CALCUTTA
KÜBE
AGENCIER
OLIVE TREE?
SHANGHAI
SINGAPORE
SITIAWAN
CANTON CAWNPORE NEBU COLOMBO DILHI |HAIPHONG KAMBUEQ HANKOW
L
BOU BABAYA
TAIPING
TIENTHIN
TONGKAK
May July
2.426/44a 2.42b/44a 2.42b/44a 2.42b/44a
unch.
Elec Bond & Share
24
Union Pactie
79
.01 off
Elec. Bend & Share $5 pt.
Elec, Bond & Share $6 pL
Elec, Power & Light $7 pf.
Flintkote
Gen." Electric.
May
.766.7642 764b/.77a :791b/80a 791b/80a
.00% up
Gen Motors
unch.
Gen. Railway. Bignal'
Gen. Tire & Rubber
Goodrich (BF.)
Goodyear Tire & Co.
Great Northern Iron Ore ..
11.40b/53a 11,47b/50a
Great Northern Rly, pfd.
..07 up
Great Western Sugar ...
Int Nickel ...:
Inter. Paper & Power
9.13b/18a. 9.15b/19a.
.02 up
also arranged at 469.3/4 for near,
Int. Tel, & Tel Jobraman
at
469.3/4 for
9.02/00 8.97/97
.03 off
NEW YORK BLACK PEPPER
1940/41
July
6.71/71
High
6.86b/70a
.05 of
i.
34-3/4 34-3/4 4.03-1/4
4.03-1/4
STERLING
There were sellers at 1/3 up to) June, buyers at, 1/3.1/32 for Cash. U. S. DOLLARS
No business was reported. There. were sellers at 24.1/16 for near up to June, buyers at 24.5/16 for Cash.
Volume of business done:-104 lots, The last trading day for No. 3 Sugar is May 23,
NEW YORK SUGAR NO. 4
July
Volume of business done:-149 lots.. The Last trading day for No. 4 Sugar is May 1.. NEW YORK COPPER FUTURES
July
SHANGHAI DOLLARS Opened with sellers at 469.1/2 with business done subsequently NEW YORK COTTONSEED OIL at 470. Later transactions were July
The market closed with sellers at NEW YORK LARD
469.1/2, buyers
Cash.
were
SHANGHAI MARKET Openet with sellers of Sterling at 3.3/16 and then, receded to 3.11/64. At the close there sellurg again at 3.3/16 for Spot. US Dollars opened with sellers at 5.5/32 and then dropped to 5.- There were sellers
1/8 for Spot. again at the
for Spot.
close at 5.5/32
Shanghai Exchange
14
Shanghai, Apr 30 (Reuter).
official T.T. 'Kates'
Openine
pening" 0/3-3/160/3-3/16"
0/3-3/16 0/3-3/16 0/3-3/16
September .......
The First Notice Day for September black pepper is Aug. 26 and last trading day is September 23.
NY. Official Silver N.Y.-London Cross Rate ......
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Apr. 29. 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 in transmission.
War Loan, 31% (Red
Chinese 5% Crisp Ioan.
ཆ་བྷ་8་ཆུ་ སྙབ
SILVER MARKET
LONDON SILVER London, Apr. 29 (Reuter). Silver-Small trade demand met by Indian Government. Market steady.
Spot, 23-1/2a. Forward, 23-1/2d.
BOMBAY SILVER Bombay, Apr. 29 (Reuter). Market-Quiet but steady.
take, 100 bar.
Off-
Low Dow Jones Averages 152.80 111.84 30 Industriala
38.67 92,16 20 Rails
26.45 18.03 20 92.19 83.06 40 64.07 48.74 11
LONDON, METALS
EXCHANGE
London, Apr. 29 (Reuter). Tin, Standard, Cash, Middle Price, 288-3/8.
Tin, Standard, 3 months, Middle Price, £265-7/8.
Market barely steady and again eased with dull and easy Ameri- can cables and Ministry's further reduction in price, but decline at- tracted support. Ministry sold cash at reduced limit. After hours
50 tons" at unchanged prices.
LONDON STOCK EXCHANGE
LONDON, Apr. 30 (Reuter)—The Stock Exchange was colourless ex- cept for Gut-edged which further advanced on all-round demand,
Home Rais, Industrials and Oils were Armly held but business and price charges were trifling. Kaf- firs improved on early Cape sup- port and Diamonds were firm,
Japanese Bonds receded slightly but Chinese Customs Loans In- proved
Wall Street was firm...
HONGKONG SAVINGS
BANK
The Business of the above Bank
BANK OF EAST ASIA. LIMITED
1
SHANGHAL BANKING CORAuthorised Capital $10,000,000,00
For the Hongkong à ShinGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1930.
Paid-Up Capital 5,598,600,00
Reserve and Undivided
·Profits i
....-2,983,261,50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central
Board of Director. HON. SIE SHOCSON CHOW, Chairman Li Koon Chan, Est. Li Lan Sang, Esq. P. K. Kwok, Esq.
Fung ting Wah Esq. Wong Chu Son, hag,
15, QUEEN'S ROAD, CENTRAL Wong Im Tong, Esq.
Chan Ching Shok, E. KAN TONG PO, ESQ., Chief Manager HON. MR. LI Tax FONO, Manager ....
18, PINE STREET...
NEW YORK. An American Bank offering com-
plete Foreign Banking Service Amoy in the principal Markets of the world.
Interest Rates on Application,
SAFE DEPOSIT BOXES
This Bank is entirely owned by
THE
CHASE NATIONAL BANE, NEW YORK, with Resources of
over U.8.$3,800,000,000.
D; L. BALLANTYNE,
"Manager,
WANT-ADS ARE SURE!
INDO-CHINA
Brunches and Agencies:"
Kowloos Loudon
طعهرلا
Pessag
Saigon
Heiloo Lontain
New York. Seattle Pariv
Betzig Shanghai
Every description of Banking and Exchange business transacted. Louna granted on approved securitie
Current Accounts opened in Local Currency and Fixed Deposits re- ceived for one year or shorter periods in Local and Foreign Cur tencies on terms which will be... quoted on application.
SAPE DEPOSIT Boxra To Lar. A
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AB AN /INTERNATIONAL EXCHANGE
GABANKASIA.
STEAM NAVIGATION COMPANY LTD PAID-UP CAPITAL 40,000,000,00
Operating Services for Cargo and Passengers
London
0/3-1/8
New York
5-1/8
Japan
21-3/4
India
17-1/4
Paris
nominal
Hongkong ****
20-3/4
Indian Mint Silver
Startibg
Sellers
Closing
Spot
Apt.
May
US Dollar
after 1963) Defence Loan, 3%...... Canton-Kloon Rly. 5% 10 Chinese 41% Gold Loan
1898 (Brit. Laste Chinese 5% Gold Bonda,
1925/41
103-3/18
101-9/18-
Ready
May 21 Settlement
June 20 Settlement
62-12 62-12 62-14
30
Chartered Bank
81
38
.K. & 8'bal Bank (Ldn.
gbot...... $5-5/32
$3-5/32
Chin. 44% Anglo-French
Reg:
70
Loan, 1908
HE, & Bhai Bank (Col.
Apr.
5-5/32
Ecg)
May
5-5/32
5-5/35
781
1913.
Chmese Eng. & Mining
Market: Qulet.
:
Silver Duty Rate
Chinese 5% Reorg. Loan,
1913 (Lda. Is.)
(bearer)erries
14/
28
Chosen Corporation
Mercantile Bank of In-
8-10
dia, £5. ""
113
TO-
Pekin Syndicate
1/-
48
shal Elec. Constr. Co.
18/
12
6'hal Waterworks "A"
15
Fukuang Rly. 5%, 1911...
Union Insurance
22
(L.P. N/Y Issue)
13
Bukuang Rly, 5%, 1911
Gula Kalumpong Rubber 15/-, Lon., Mid. & Scot., Rly. 12
German Issue)
11
Great Western Rly.
32
Lung Tsing & U. Hat
National Bank of India 304
Ely.-5% 1913.
101
B.-A. Tob (bearer)
83/9
the Roosevelt Terminal in
8'hal-N'King Rly. 5%
14'
Dunlop Rubber
32/3
Tientsin-Pukow Rly. S
(Brit. Stpd)
Bristal Aeroplane
10/-
Shanghai, where passengers
and cargo are landed.
11
Imperial Chemical Ind. 29/3
Tientsin-Pakow Rly, 5%
(German 8tpd... Tientain-Pukow Rly 5%
Brit: Stpd, Bupl, Loan) 11 Tientsin-Pukow Rly. 5%
United. Steel...!
21/6
For farther particulars
11
Woolworths.
46/9
Maruman Investments 8/3
Western Holdings Sub-Nigel
9/9
142/8
#40171
1925 (Vickerz)
The Central Bank of China's rate on London at 10 am, today was 1/2-1/2d.
The Equalization rate was 24-1/2 per cent.
India Rupee Paper
Bombay, Apr. 29 (Reuter). Govt 34% Rupee, 94-01-0.
Calcutta Exchange
Calcutta, Apr. 29 (Reuter). T. on Japan, B1-1/2-
Chinese 8% Ster. Notes,
Chin, Imperial Rly. 5%
Loan...
Medan Rly 5%
LONDON GOLD
London, Apr. 29 (Reuter). Bar Gold, Fine per or, 168/-
Ger. Stpd. Supl, Loan) ̈11 Jap. 6% Ster, Loan, 1824 der, 7% Intl. Loan, 1924 5
181-201
hen. Tranų. & Trad
(bearer)
• bid
SWATÓW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
*HAIPHONG
All steamers berth alongside
the French Concession, at
please apply to
JARDINE MATHESON& Co. LTD. TELEPHONECROSII 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."
CANTON
SWATOW
SHTUCHOW
KONGMOON TOISHAN -KINGOHOW »
We also handle the issue of Bonda and other Public Funds of the Chinese Government both at Home. and Abroad
SHOITOHEN,
Manager,
અંદ
United Aircraft
37
59
United Airlines Trans
111
34)
United Corpn.
12
United Corpn. $3 cum pf. · 21-
291
United Gas Improvement
7
a conducted "by the HONGKONG
38.
U.S. Rubber
21
114
U.8. Steel
521
FORATION. Rules may be obtain
"101
Vanadium
247
on application.
121
Vultec Aircraft
51.
· 17
Walworth Co.
49
131
Warner Bros. Pict
34
261
Westinghouse Elec.
391...
23
Woodward Iron Cor.
28
Chase National Bank
13
National City Bank
21
Libby, Moneill & Libby
THE CHASE BANK
#
581
DOW JONES AVERAGE
Apr. 30, 1941, Apr. 28, High Low Close
HEAD OFFICE:
Change
11883
117.45 118.45" 116.73
25.57
28.95 28.59 28.76
Utilities Bonda
19.07
*18.97 17.98 18.15
91.47
Commodity Index
63.01
.91.85 €3.88
,10 up 10 up .08 up .18 up 37 up
Business Done:-510,000 shares
Singapore
tar
Kangoon
Вотику
Bombay Calcutta
Manila
Swatow
Melbourne Ban Fran- "Sydney
Haiphong
Henkow
Lonel
Ko