Alleghany Steel Co.
Change
Allis Chalmers
.27 up
Amer. Can tesneni
11.57/57 11.83/83
26 up
American CyanamidTM B
11.68/87
11.88/88
Amer. & Foreign Power
11.56/66
11.89/89
Amer& Foreign $7 pL.
11.62 N
May
Telegraphic Transfer. 188 5/9
and demand
On New York:-
Bank Bilis, on demand 23 3/4 Credits, 60 days' sight 24 1/2
On Batavia-
On demand.........
On Paris:
***** 44 1/2
Bank Bills, on demand Nom, Credits 4 months' sight Nom.
On Saigon:-
Total sales, Friday:—838,800 bales.
The last trading day for May cotton is May 16. NEW YORK ROBBER
Juls (New contract)
September (
December
23.30/30
23.83/83
22.85b/89a 2327/2
22.55/55 222.96/95
Total sales for the day:-1,240 tona
The last trading day for May rubber is May 27.
11.63/83 11.78
11.87 N 11.85/83
Amer. Locomotive
Amer. Metala Co.
12,05
Amer. Radiator
Amer. Rolling Mill
PAGE 10—HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
MAY 5, 1941.
On London:
Telegraphic
Transfer, 1/2 7/3 „Bank Bils, on demand 1/2 7/8
Credits 4 months' sight
On Shanghai:-
On demand
On Singapore:—
On demand
On Japan:-
On demand
On India:-
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE).
NEW YORK, "May 3, 1941,
Prev. Today's
· High Low Close Close Change 11.85 11.65 11.57 11.83 .26 up 23,83 23.35 23.30. 23.83 .53 up 931 .91 90. 931 31 up 69 681 - 88 681 up
New York Cotton, May New York Rubber, May {Chicago Wheat, May
Chicago Corn, May New York Hides, Jime
NEW YORK COTTON MAY....among | July"
635
October
51'3/4
December
tca 1/2
March
-6pot
January
Closing"
14.13 14.05 14.05b 14.11b .06 up
Столе 11.64/55 11.81/81
5358665
NEW YORK STOCK EXCHANGE.
STOCKS
リ
Adams Express
QUOTATION
(REUTER'S SERVICE)
MAY 4, 1941.
Last Balet
May 3
HONGKONG
TUESDAY MAY 6, 1941.
BANKS
SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
INDIA, AUSTRALIA
AND CHINA
Ioued fo Bully Paid Un £30,000,000 incorporated by Royal Charter, 1880
Chairman.
Deputy Chairman.
Reserve Lisbility of Pro-
prietars.......
£1,000,00 B8,606,06
£3,000,00%
HEAD OFFICE; LONDON:
59, Bishopsgate 5.0.5.
Sug-Agencies ·In London: 117/199, Leadenhall Street, Eca West End Branch: 14/16, Cockapur Street, S. WI Manchester Branch: 82, Mosley Street, Manchester, a
AGENCIES AND BRANCHES.
ALON BEAN
F
HONG KONG PENANG
Authorised Capital $50,000,000
Reserve Funds,
Sterling
STOCKE
Lest Sale
H. K. Currency Reserve Beserve Liability of
£8,500,000 Paid-Up. Capital
10,000,000 Reserve Fund
May S
Proprietor
820,000,000
1
Kennecots Copper
324
26*
794
341
204* · | Libbey-Owens-Ford
Lockheed Aircraft Loew's Thel Martin, Glen L......
Glass 31*
Head Office:—HONG KONG
317
231
Board of Directors: Hon. Mr. J. J. Paterson,
11/18
Montgomery: Ward.
317
161
National Aviation ....
W. H. Lock, Esq.,
11
[Nat' Dairy Products...
15j*
National Distillers .............
J. K. Bousfeld, Eaq,
Nat Fower & Light
A. H. Compton, Esq.,
131*
National Supply Corp.
I. J. Davies, Esq.,
Amer. A ting and Bing Co.
371
New York Cential
12
Hon. Mr. 8. B. Dodwell,
AMRITSAR
ILOTEN.
Amer. Sugar Refining
151
| Niagara Hudson. Power
27:
G. Miskin, Esq.
K.
Amer. Tel. & Tel.
150
N. Amarican Aviation
23.56 N
23.13 N
"
1999
Amer. Tobacco "B"
671*
North American Co.
Amer. Waterworks Anaconda Copper
4.
Northern Püçlüe
237
Packard Motoris
Atchison, T. & 6. Je
281
| Paramount Pictures
11
Aviation Corp...
24
Pennsylvania RR
24
Branches:
Baldwin Lecometive.
131*
Phillips Petroleum.
401
Baltimore & Ohio
Pullman Inc..
24
Amoy
Johore
On demand .............. 103
CHICAGO WHEAT
Op Manila:-
On demand
47 1/2
May
July
On Bangkok:-
On demand
149 1/2
September
On Sterling Notor:-
Bank Buying Rate
Bar Sliver per os.
Nom. 33 1/1.
| CHICAGO CORN
May July
September
'.
Barnsdall Ol
9
Pure Off......
睡
Bangkok
Kola
Rangoon Saigon
Batavis
Kowloon San
911/91 941/94 90/90% 932/931 901/908 933/937
2
up 31 up
Bendix Aviation
35
Radio Corpn. of am.
Bombay.
Kusla
Francisco
Bethlehem Steel
691
Reading Company,
Com 1411
"
Calcutta
Lumpur Shanghai.
3 up
Bliss & Co.
141*
Remington Arms Co., Inc.
Canton
London
Singapore
Friday's sales:-8,028,000 bushels,
Boeing Airplane Co.
131
| Repubile Aviation Corp.
Obetoo
Lyons
Spurabaya
Borg-Warner-
17$
Republic Steel
Calamba
Malacca
Sungei
Brig Mig.
181
Reynold Tobac. "B"
Dairen
Manila
Patani
May
♫
Market Report
FROM ROZA BROS.
Monday, May 5.
Silver prices were unchanged
over the week-end, the quotations.
NEW YORK HIDES
Total sales for the day:-91 fots.
remaining at 23.1/2 for both Ready NEW YORK COCOA and Forward. American Silver was unquoted.
The London/New York cross: rate was quoted at 402.1/2, New York/London was quoted at 403- 1/2.
The last trading day for May cocon is May 22 NEW YORK SUGAR NO. 3
881/681 69/69 68/68 69/681 681/881 82/691.
Up
Budd M'facturing Corp.
31
Schenley Distillers
Foochow
Muär
Swetow
1. up
Canadian Pacifo R/way .....
3).
Shell Union Ou
131
Bentow
1 up
Celanese
201
Socgny-Vacunum O
Chesapeake & Ohio
$71
Southern Pacific
Chrysler Corpn...
574.
Southern Ely. $5 pid,
Harbin "Iloilo Ipoh
June....
September
14.05b/10a 14.11b/158 14.10/16 14.20/23
.06 up
Penang
·Columbia Gas & Elec.
21
Spicer Manufacturing Co. 28
.04 up
Commercial Credit Co.
251
Standard Brands
Com, & Southern (Ord.)
Stand Gas & Elec.
**
Consolidated Edison
121
Standard Of of NJ.
361
Consolidated Off
Studebaker Com
42
7.65 N
Closed
Copperwald Steel
141*
Swift International
181
Curtiss Wright (C.)
81
Technicolor
8
quoted on application.
Douglas Aircraft
66
Texas Corpn.
371
May....
MARKET
Quiet
July
Volume of business dore:-266 lots. The last trading day for No. 3 Sugar is Mar 23. NEW YORK SUGAR NO. 4
2.45b/46a 2,47b/48a 2.45b/45a 2.47b/48a
.02 up .03 up
Du Pont de Nemours
138
Trans-America" Co.
41
various sizes to let
Eagle Picher Lead
型蛋
20th Cent. FOL.
54
TRUSTEE
and EXECUTOR
Elec. Autolite ......
284*
Union Bag & Paper Corp. 10)*
business undertaken.
Bec Bond & Share
2
Union Paciac
79
Hongkong 26th February, 1941
Morrison, Esq.,
Hon. Mr. T. E. Pearce, Hon. Mr. A. L Shielde Sir Vandeleur M. Grayburn,
Chief Manager.
Haiphong (Johore) Tientsin
Makden Tokyo... New York Tringtao. Peiping Yokohama
Рожева
AGENOTES: OLIVE Aratz ZATKLIN PRACH CANTON CAWNPORA
KLIFEONG
IPOK
FAMADHI
XIANG,
KOME KUALA
LUMPUR
KUCHING
MADEES MANILA:
MIDAX
NEW YORK PRIPING
(Peking)
BOURAMAYA
TAIPING TIENTRIN TONGKAN
(Hhukoi)
TRIN GITAU
YOKOHAMA
FORLION EXOnanas and General Banking Business transnoted:
Other Accouts opened and
| Fixed Deposits received for Ons Year or shorter periods in Local na Other Qurrencies at rata which will be quoted on application.
SAVINGS ACCOUars also opened in Local Currency and Sterling with interent 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 - shorter periods in Local and Other undertakes Executor and Trustee Currencies on terms which will be business, and olaims recovery of
British Income Tax overpaid, on
SAFE DEPOSIT BOXES. of terms which may be ascerta ned at
jany of the Agencies and Branches..
W. H. EVANS THOMAS,
Manager.
BANGIOR
BATAVIA
CALCUTTA
KANGOON
* BAIGON
BEREMBAN
SHANGHAI
SINGAPORE
SITIAWAN
Cisay DOLOMBO
DELET
FLAMBUTI HANKOT
Elec. Band & Share $5 pt.
544*
United Aircraft
38
Elec Bond & Share $6 pt.
July.
79jb/.802 .79b/794 .004 off The Last trading day, for No. 4 Sugar 13 May 1. NEW YORK COPPER FUTURES
July
Bec. Power & Light 7 pf.
Flatkote
Gen, Electric
NEW YORK GUTTONSEED OIL
July NEW YORK LARD
11.45b/50a 11.46b
8.45/46 9.75/77
Gen. Motors
.01 up:
Gen. Rallway Signal
Gen. Tire & Rubber
.30 up..
Goodrich, (BF)
Goodyear Tire & Co.
9.12b
9.40b.
28.Up
Great Northern Iron Ore ..
Great Northern Rly, pfd.
7.01b/04a 7.27 (27
.28 up
Great Western Sugar
Int Nickel.
Inter. Paper & Power
SHANGHAI DOLLARS
There Nothing doing.
werai
34-3/4 unquoted 4.03-1/4
4.03-1/4
Int. Tel, & Tel Johnsman
U. B.
sellera at
STERLING
No business was reported. There were sellers at 1/3 up to June, buyers at 1/31/32 for any de livery.
U. 8. DOLLARS
A small business was reported early in the morning at 24.1/8 for near delivery. The market closed at 1 p.m. with sellers at 24.1/8 for near and forward, buyers at 24.- 8/16 for Cash,
sellers at 488.1/2, buyers at 487..
SHANGHAI MARKET
+
September
NEW YORK BLACK PEPPER
July
The First Notice Day for September black pepper is Aug. 28-and last trading day is September 23.
N.Y. Official Silver *.. N.Y.-London Cresa Rate
Opened with sellers of Sterling LONDON STOCK
at 3.13/64 and closed steadier with
sellera at 3.7/32 for Spot,
Dollars opened with
5.5/32 and closed a shade steadier with sellers at 5.3/16 for Spot.
''
AFTERNOON MARKET
Quiet.
STERLING
The market closed with sellers
at 1/3 up to June, buyers at 1/3.- 1/32 for any delivery.
U. §. DOLLARS Nothing doing.. The closed with sellers buyers at 24.3/16 for Cash.
SHANGHAI DOLLARS
EXCHANGE
(REUTER'S SERVICE)
KWANGTUNG
TO PROMOTE SERICULTURE
London, May 2. The following quëtations are the
The draft project for the deve- middle prices at the close of the topment of sericulture in the West market in London. All quotations River area submitted by the are subject to confirmation and no Kwangtung Provincial Departmen responsibility is assumed for errors of Reconstruction. has been in transmission.
1
£
ap-
proved by the Central authorities
The Ministry of Agriculture and War Loan. 31% Red,
Forestry and the Kwangtung Pro- after 1952)...... .....103-11/16 vincial Government will each ap- Defence Loan, 3%
1011 241/8, | Canton-Kloon "Rly. "5%~9
market
The
A small business was done at 467, 486.3/4 and 400.3/8. market closed with smali sellers at 488.1/4, buyers at 486.1/2
SHANGHAI MARKET Sterling closed with sellers at 3.7/52 for Spot and U. 8. Dollars at 53/18 for Spot.
Shanghai Exchange
Shanghai, May, 5 (Reuter).
Official TT. Rates
London
New York
Japan
India.......
Paris
2007-000
Sterling
Opening
Chinese 41% Gold Ivan.
1898 (Brit. Issue..... 39 Chinese 8% Gold Bonds.
1925/4Y.
Chin 44% Anglo-French
Loan, 1908 Chinese 5%% Crisp Loan.
1812 Chinese 5% Reorg. Loan,
1913 (Lan. Is.)
Chinese 8% Ster. Notes,
1925 (Vickers) Chin Imperial Rly. 5%
Loan.... Honan Rly, 5% Hukuang Rly, 3%, 1911......
(LP."N/Y Issue)
Bukuang Rly." 5%, 1911
German Issue)
"40
201
* * * 3 3 2 39
234
7-9
propriate $100,000 to finance the project. The Bureau of Agriculture and Forestry under the Kwangtung Provincial Department of Recon- struction has been instructed, t establish a West River Bericul- tural Improvement Station (Cen- |tral New)
HONGKONG
SHAREBROKERS
ASSOCIATION
Volume Of Business Transacted on Monday, May 5, 1943.
SALES
Marsman H.K, HK. Electric Rts.
1940/41 High Low Dow Jones Averages 1-2/0 111.84-30. Industrials
32.67 29.15 20 Ráile
26.45 17.80 20 9219 83.00.40 64.07 48.74 11
Utilities Bonda
Commodity Index
H.K. Stock Exchange
BUYERS
Bank of East Asia," $70. Indo-Chinas (Pret.), $80. Providents, $4.60.
SELLERS
Trama, $18. Ropes, $8.60..·
SALES
EK. Bank, $1315.
Hotels, $2.80.
Marsmans Inv, HR, $1.70.
New Soviet Shipping
› Service Planned CHUNGKING, May 5 (Central)--- Nine Soviet steamers will soon ship articles of daily necessity from Vladivostok to Shanghai, and a Soviet shipping company will also | be organised to undertake shipping in the China Seas, including "the transportation of rice and coal to Shanghai, says a Shanghai report. Prices of rice, coal and other commodities in the port city are expected to drop considerably, if the Boviet shipping project is" realised.
HONGKONG SAVINGS
The Business of the above. Bank.
conducted by the BONGKONG) ·
BEANGHAL BANKING COR- Authorised Capital....$10,000,000.00 PORATION Bales may be obtain Paid-Up Capital 5,598,600,00
don application.
For the Hongkong & SHANGHAI
BANKING Corporation.
V. M. GRATBURN,
“Chief Manager. Hong Kong. :25th Feb., 1939.
THE CHASE BANK
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PINE STREIT.
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
This Bank is entirely owned by THE CHASE NATIONAL BANK. New Yoxx, with Resources of over U.S.$3,800,000,000.
D. L. BALLANTYNE,
Manager.
WANT-ADS Cheap!
ARE
INDO-CHINA
127 STEAM NAVIGATION COOMPANY ED
Operating Bervices for Dargo and Passengers
200 $ 1.70
310
0/3-1/8
5.1/8.
Eun Tang & U H
510
21-3/4'
Mly. 6% 1913 .......
The total value is $4,292.50.
S'hai N'King Rly. 5%
TO
14
nominal 20-3/4
Pekin Syndicate
1/
10
S'hai Elec. Constr. Co... Bhal Waterworks. “A” Union Insurance .........
16/-
15: 22
Ballers Opening Closing -·0/9-7/310/3-7/32 0/3-7/32 0/3-7/32 0/3-1/32 0/3-7/32
Boot
May
June
Spot
Da. Dolara
$5-5/34: $5-3/18
May June
5-5/32
13/16 5-3/16
Market:-Stendy.
Süvar Doty: Rate!!
The Central Bank of China is
closed today In commemoration of
Tientsin-Pakow Bly. 5%
(Brit. Stpd.). Tientsin-Pakow Et 5%
(German Stpd.) ---- 10: Tientsin-Pukow Bly; 5%
"(Brit. Stpd, Bupl/ Loan), 10 Tientsin-Pakow, Rly 5%
(Ger, Btpd. Supl, Loan) 10 Jap, 6% Btér. Laan; 1924 20-22 Ger, 2.5% Intl. Loon, 1924 54- Chartered Bank
| Gula. Kalumpang Rübber 18/+ Log., Mid, & Boot., Rly. 131 Great Western R13. .............. 344 National Bank of India 304 B.-A. Tob. (bearer). Dunlop Rubber
85/-
8-11/16
Bristol Aeroplane
32/71 9/10
70+
Imperial Chemical Ind., 29/7†. United Steel
21/101
Woolworths
4778
Marsman Investments
6/4
| Western Holdings
9/9
12/8
∙142/3)
shell Tran
40/71
Fl. & Ehal Bank Ian
Reg.) A.K. & Bhat Bank (QoL)
Peg) Chinese Eng & Mining
(bearer Chosen Corp
the founding of the National Gov- Mercantile Bank of
ernment
|sub-Nigel
ibearers:
dimmbid
SWĄTOW, SHANGHAI, THINGTAU, CHEFOO“
and TIENTSIN
KOME and OSAKA
BINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside the Boosevelt Terminal in the French Coacassion at Shanghai, where passengers. and cargo are landad.
For further particulaes
please apply tow
JARDINE N ATHESONG TELEPHONE SOSIO GENER ALMANAGE!
Reserve and Undivided
...2,993, 281.50
Head Office: HONG KONG No. 10 Des Voeux Road, Central
Board of Director
HON. SIR SHOUSON CHOW, Chairman
Li Lan Sang, Bag,
Li Koon Chan, Eng, Wong Yun Tong, Bag 2. K. Kwak, Esq.
Chan Ching Shor, Esq,
Fung Fing Wah Eag Wong Chu Son, Esq.
KAN TONO PO, Esq., Chief Manager HON. MR. LI TSE FONG, Manager
KJL
Branches and Agencies:
Manila
Melbourne 5 курить
PEDRIK
- Saigon
Singapore
Hours,baya
Bestow
Bar Fran. Bydney
also, Denti
New York Sextile VARCOOTE
Penda→
Piping
Bemarang Spaghe
Exchange business transacted Loans. Every description of Banking and
granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposita re- ceived for one year or shorter- periods in Local and Foreign Cne-, cancies on terins which will be quoted on application.
BAFR. DEPOSIT BOTS TO LET. -
KAN TONU PO,
BANK
Chief Manager.
CHINA
Specially Chartered by
THE NATIONAL GOVERNMENT OF CHINA AS AN
INTERNATIONAL EXCHANGE.
A BANK PAID-UP CARITAL $40,000,000,00 (BRANCHES ALL OVER CHINA) Owing to our numerons Branchem in China and connections in the principal Commercial. Centres of the World, we are able to extend to pur Clients special, facilitisa fox Domestic and Foreign Banking and Exchange.
Head Omes: SHANGHAI
Branch:
CANT
- Hong Kong
QUEEN'S BOAD, C. South Ching Officer..
BVATOW
BRIUCHOW
KONGMOON TOISHAN KINGCHOW
We also handle the imme of Bonds and other Publiò Bunds” of thi Chinese Government both at Homs and, Abroad
SHOU
581*
United Airlines Trans
104
334*.
United Corpn.
11/16
124
United Corpo. $3 cum pt.
21
BANK
287.
United Gai Improvement
7
BANK OF EAST ASIA, LIMITED
371
UB Rubber
211
12
U.S. Steel
-10
Vanadium
...121
17
Valtes Aircraft
Walworth Co.
*131*
Warner Bros. Pict
Profits
:*
281
Westinghouse "Elec.
871
22*
Woodward Iron Cor.
26*
247
Chase National Bank
*9*
134
National City Bank
21
Libby. Moneill & Libby
572*
DOW JONES AVERAGE
May 4, 1941, May. 2, High, 'Low Close
Change
116.72 28.51
115.78 116.33.115.55
tar of
2871 28.51 25,68
.17 off
17.80
17,88 17.75 -17.85
91.64 64.62."
91.74
.05 of .10 up
86.73
קט 1:11
Business Dones—200,000 shares
Amay
Bazaria
→ Kowloos
Gouden
Bombay
Calonbia
Balphony
BARROW
Bolala