:
"High
Prev. Today's Low Close Close
On London:
New York Cotton, July New York Rubber, July
11.69 11.74
24.30 23.35
Transfer, #2 7/3.Chicago wheat, July
Bank Billa, on demand 1/2 7/8 Credits 4 months' aight
Chiesgo Corn, July .... New York Hides, June
941 70
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
MAY 6, 1941.
Telegraphic
NEW YORK COMMODITY MARKET (REUTER'S SERVICE)
NEW YORK. May 5, 1940,
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
MAY 6, 1941.
STOCKS
WEDNESDAY, MAY 7, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital....... $50,000,000
INDIA, AUSTRALIA AND CHINA
18
Change
14.35
11.83 11.75 08 off 23.83 33.55 921 921 921 691 607 891 14.24 14.11b 14.26
Sterling
On India:-
and demand
On Shanghai:-
On demand 455
on Singapore:---
On demand 52: 3/4
On Japan:-
On demand 109 1/2
Telegraphic Transter."
On New York:-
Bank Billa, on demand 23 3/4 Credits, 60 days sight 24 1/2
NEW YORK COTTON
Close
Closing
,28 off i off 1 up 15 up Change
May....... July
11.81/81
11.73 N
,09 of
STOCKS
Adams Express ....... Alleghany Steel do. Allis Chalmers Amer. Can
Last Sale |
Last Sale
可
May 5
May 5
51
204
Kannecott Copper Libbey-Owens-Ford
321
Glass 31
25+
Lockheed Aircraft
217
80
Loew's Inc.
291
11.83/83
1.1.75/78
.08 ofi
October
December
11.83/88
-11.80/81
- .08 off
11.89/89
11.86/87
.03 off
American Cyansmid `B Amer. & Forelin Power Amer & Foreign $7 pf.
341
Martin, Glen L.......
37
Board of Directors: Hon. Mr. J. J. Paterson,
1
•
Montgomery Ward
314
18
|National Aviation.
73
W. H. Lock, Esq.,
January
11.87 N
11.36/86
.01 off
Amer. Locomotive
117
|Nat, Dairy Producta
-12#
Chairman,
Deputy Chairman.
89, 5/8
March Spot
11.88/88 12.05
· 11.86/88
unch.
Amer. Metals Co.
15*
National Distillers
177
J. K."Bousfeld, Esq..
*11.97
08 off
Amer. Radiator .....
8
Nat, Power & Light ...............r
6
A. H. Compton, Esq.,
Total sales Saturday-119,400 bales. The last trading day-for May cotton is May 16. NEW YORK RUBBER
Amer. Rolling Mill
137
National Supply Corp.
5
L. J. Davies, Esq.,
2
Amer. 'ting and B'ing Co.
371
New York Central
134
Hon. Mr. S. H. Dódwell,
H.K. Currency Reserve $10,000,000 Reserve Fund Reserve Liability of
$20,000,000 Proprietors.
Head Office:-HONG KONG
HEAD OFFICE: LONDON: 38, Bishopsgate E.C..
Sub-Arenoles In London:
117/122, Leadenhall Street, E.0.4" West End Branch: 14/18, Cockspur Street, S.W 1 Manchester Branch:
32, Mosley Street, Manchester, 1.
AGENCIES AND BRANCHES
ALON STAB
HONG YONG ILOILO
Issued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, 1859.
Reserve Funds:
£3,000,000 £8,500,000 Paid-Up Capital ................
£8,000,00 Reserve Liability of Pro-
prietors m
....£3,000,00$
FINANCO
Amer. Sugar Reining
15*
Niagara Hudson Power
r.
Amer. Tel * Tel
150
N. American Aviation ..... 124
-On Sterling, Notes:--
On Batavia:-
On demand
Do Paris:-
On Saigon:-
On demand
**** 103
Op Manila:-
On demand
.... 47 1/2
On Bangkok:-
May....... July
On demand
149 1/2
September
Bank Buying Rate
Bar Silver per oz
Nom. 23 1/2
CHICAGO CORN
May
July
September
May...
23.13 N
23.80
.67 up
Amer. Tobacco “B“
BT1
North American Co. musik..
44 1/2
July
(New contract)
23.83/83
23.55/57
28 off
Amer. Waterworks
4+
Northern Paciāc
册
September (
December
Bant Bills, on demand Nom. Credits 4 months' sight Nom.
Total sales for the day:-3,110 tons.
The last trading day for May rubber is May 27.
CHICAGO WHEAT
>
33.27/21
23.25/25
.02 off
(.. )
22.95/85
22.85 N
.10 of
Anaconda Copper Atchison, T. & S. Fe. Aviation Corp.
..23+
Packard Motors
2+
291
Paramount Pictures
111
27.
Pennsylvanis R.R.
24+
Branches:
Baldwin Lecometive
134
Phillips Petroleu
401
"ነ
Baltimore & Ohio
34
Pullman Inc.........................
231
Amoy
Johore
941/04
... 31/93) 931/931
941/941 921/93
Barnsdall On
up
Pure Opaïen
91
Bangkok
Koba
Rangoon Saigon.
Bendix Aviation
344
Radio Corpn. of Am. ............
Batavia"
Kowloon
37
San
Bombay
Kuala
931/931
병
Bethlehem Steel
70)
Reading Company, Cam
14.
Calcutta
Lumpur Shanghai
Bliss & Co...
141
Remington Arms Co., Inc.
***
Canton
London
Saturday's sales:--20,518,000 bushels.
Boeing Airplane Co.
131
Republic Aviation Corp....
31
Chefoo
Lyons
Borg-Wamer
17*
Republic Steel
174
Colombo
Malacca Sungai
69/69
691A
69/681
691/891
69/891
691/091
14:11b/15a 14.28/26
September
14.20/23 14.36/36
closed 771 N
NEW YORK SUGAR NO. 3
May July
....... 2.476/48a 2.48b/50a
2.47b/48a2.50b/51a
¡! Volume of business done:--668 lots. The last trading day for No. 3 Sugar 18 May 23. NEW YORK SUGAR NO, 4
"
July
July
11.48b
11.46b
9.75/77
9.83b/84a
af
9.40b
9.45/52
7.27/27
NY. Official Silver NY.-London Cress Rate
unquoted 34-3/4 4.03-1/4 4.03-1/4
J
A
Great Western Rly.
8'hal Elec. Constr. Co. Bhai Waterworks "A" Union Insurance" 103-11/16 Gula Kalumpong Rubber. 15/-
1014
Lon., Mid. & Scot., "Rly. 131. 9.
National Bank of India 30
#
1898 (Brit. True)....... 39 Chinese 5% Gold Bonds
1923/47
8.-A. Tob (bearer)
Dunlop Rubber
38
Bristol Aeroplane
Imperial Chemical Ind. 29/7
40
United Steel
Chinese 5% Crisp Loan.
1912
Woolworths
201
Maraman Investments, 8/3
Western Holdings
1913 Ldn. I8.)
28+
Chinese 8% Ster. Notes.
Sub-Nigel
Shell Tran zz Trad.
1925 (Vickers) ......................... 7-9 Chia. Imperial Rly. 5%
Lorn
(Denter)
+bid
48 12
Market Report
FROM ROZA BROS.
Tuesday, May 6.
were unchanged Silver prices yesterday, the quotations remain- ing at 23.1/2 for both Ready and Forward, Silver advices reported the market as being steady and idle. American Stiver was quoted at 34.; 3/4 for Spot.
The "London/New York cross- rate was quoted at 402.1/2. New York/London was quoted at 403.
1/4
Quiet.
MARKET
STERLING
NEW YORK HIDES
June
Total sales for the day:-200 lots."
NEW YORK COCOA
May
The last trading day for May cocoa 15 May 22.
79b/.7942 79+b/.800 The Last trading day for Nó, 4.Sugar is May 1 There were sellers at 1/3 up to June, buyers at 1/3.1/32 for any NEW YORK COPPER FUTURES delivery.
U. S. DOLLARS
Opened, with sellers at 24.3/18 NEW YORK COTTONSEED OIL
July with some business done later
The NEW YORK LARD 24.1/4 for forward and near,
September "market closed at lunch time with
sellera at 24.3/16 for near. buyers NEW YORK BLACK PEPPER
July and probably at 24.1/4 for near July.
SHANGHAI DOLLARS Opened with sellers at 465.1/2 with small business done at 466 and 465.3/4. The market closed" at lunch time with sellers at 485. 1/4, buyers probably at 465.3/4.
SHANGHAI MARKET Sterling opened with sellers at 3.7/32 and then rose to 3.16/64 The market closed at lunch time with sellers at 37/32 for Spot. US Dollars opened with sellers at 5.3/16 with business done at 5.7/32 The market closed 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. B. DOLLARS
Closed steady with sellers' at 24. 1/4 for near and forward, buyers at 24.5/16 for Cash, No business was reported this afternoon,
SHANGHAI DOLLARS
The First Notice Day for September black pepper is Aug. 26 and last trading day is September 23.
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, May 5, Chinese Eng, di Intag
(bearer;
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 error in transmission.
War Loan, 3% (Red.........
after 1952) Defence Loan, 3%
Canton-Kloon Rig. 5% Chinese 41% Gold Iwan
Chin. 41% Anglo-French
Loan, 1908
Business was done in the after-Chinese 5% Reorg. Loan. noon at 465 followed by transac- tions at 484.1/2, 484, 483.3/4 and 408.1/2. The market closed with sellers at 4624, buyers at 483.1/4.
SHANGHAI MARKET
Closed steady with sellers of Sterling at 3.15784 for Spot and 08. Dollars at 5.7/32 for Spot,
Shanghai Exchange
Shanghai, May 6 (Reuter).
Official TT. Rates
Tonan Rly, 5%... Hukuang Rly. 5%. 1911...
(LP. N/Y Issue)
Bukuang Rly. 5%, 1911
·German Ingue)
Taing & V. Hai Rly. 5% 1913
Chosen Corporation Mercantile Bank of In-
dia, £5, "0" Pekin Syndicate
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
up
1 up
up
€€€
Briggs Mig.
19
Reynold Tobac. "B"
291
Dairen
Manila
Budd M'facturing Corp.
3+
Schenley Distillers... ...............
84
Foochow
Moar
Patani Swatow
Canadian Pacific R'way
3+
Shell Union Cil
13/
Qelanese
201
Socony-Vacunum Oli
94
Bankow
Chesapeake & Ohio
361
Southern Pacific
Harbin
12.
Iloilo
.15 up
Chrysler Corpn.
561
Southern Riy $5 pfd,
空生
Ipoh
.18 up
Columbia Gas & Elec.
21
Epicer Manufacturing Co. 271*
Commercial Credit Co.
252
Standard Brands .............
5+
Com & Southern (Ord.)
7/18
Stand Gas & Elec.
4*
Consolidated Edison
194
Standard Oil of N.J.......
361
Consolidated Oll
5%
Studebaker Com
41
Copperweld Steel
14
Swift International-
18
Ourtiss Wright (C)
81
Technicolor
81
Douglas Aircraft
661
Texas Corpn.
372
01 up .03 up
Du Pont de Nemours
1391
Trans-America €0.
47
Eagle Picher. Lead
71
20th Cent. FUL
51
TRUSTEE
and
Elec. Autolite
27
Union Bag & Paper Corp. 10)
business, undertaken.
Elec Bond & Share
2
Union Pacine
79
Elec. Band & Share $5 pf.
$73*
United Aircraft
371
.001 up
Elec, Bond & Share $6 pf.
63
United Airlines Trans"
101
Elec. Power & Light $7 pf.
32+
United Corpn
F
Mintkote
12
United Corpn. $3 cum pt.
214
G. Miskin, Esq.,
K. 8. Morrison, Esq.,
Hon. Mr. T. E. Pearce,
Hon. Mr. A. L Shield,
Sir Vandelaur M. Grayburn,
Chief Manager.
BOMBAY
CALOUTTA
AGENCIES: CATE A FAINEAN PLANE CANTON CAWNPORE CERT
COLOMZO
Francisco AIPHONG.
Singapore Sourabaya
Haiphong (Johore) Tiantain
Mukden Tokyo
New York Tsingtao Peiping.. Yokohama
Penang
HAMBURG HANKOW
KARACHI
KLANG
KOB KUALA
LUMPUR KUCHING -MADBAN
MANILA
· TAY 1021 PAIPING
(Peking)
HANGOON BATOON
SINGAPORE
SITIAWAN 9OURABAYA
TAIPING
TIES PEIN TONGKAR
(Bhuket)
TRINGTAG YOKOHAMA
Foat on Exclanok and Geerst Banking Business transacted.
CURRENT Accounts opened and FIXED DEPOSITS received for Ons Year or shorter pariods in Loexl or Other Ourrencies st rates which will be quoted ou application.
SAVINGS ACCOUNTS als opened in Local Currency and Sterling with CURRENT ACCOUNTS opened interest allowed at rates obtainabis in Local 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 and Trustee Currencies on terms which will be business, and claims recovery of
quoted on application.
SAFE DEPOSIT BOXES various sizes to let.
EXECUTOR |
Hongkong, 26th February, 1943.
HONGKONG SAVINGS,
BANK
British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.
W. H. EVANS THOMAS,
Manager.
AMRITSAR
BANGXOX BATAVIA
IPOR
SEREMBAN
SHANGHAI
DELHI
MEDAN
Gen.. Electric
281
United Gas Improvement
7
BANK OF EAST- ASIA, LIMITED
unch.
Gen. Motors
37
U.S. Rubber.......
21
The Business of the above Bank
Gen. Rallway Signal
,08 up
Gen Tire Rubber
Goodrich (B.F.) ...........
Goodyear Tire & Co..
.05 up
Great Northern Iron Ore ...
Great Northern Rly, pfd,
7.37b/40a .10 up
Great Westem Sugar
Int Nickel
Inter. Paper & Power
Int. Tel, & Tel
Johnsman
1940/42
High Low Dow Jones Averages 16280 111.84 30 Industrials
32.87 22.15 20. Rails
12/6
·20.46 17.80 20
92,19 83.06 40 Bonds
66.73 48.74 11 Commodity Index
111
1/-
16/-
15
SILVER MARKET
22
342
84/44
32/6
9/103
21/101
47/6
9/9.
140/-
40%-
- dv
Ready May 21 Settlement June 24 Bettlement
London
New York
Japan.....
India
Paris
LONDON SILVEE ̈
London, May 5 (Reuter). Silver-Small trade demand satisfied by production selling. Market steady. "In the afternoon the market was idle with no busi
ness..
.
Spot, 23-1/24.
Forward. 23-1/2d.
- BOMBAY SILVER
Bombay, May 5 (Reuter). Market Quiet. Offtake 100 bars, Indian Mint Silver.
Į
S'hai-N'King Riy. 5%
14
Opening
0/3-1/8
Tientsin-Pukow Rty. 5%
(Brit. Stpd.) ***
10
Operating Services for Cargo and Passengers
5-1/8
21-3/4
17-1/4
nominal
20-3/4"
8pot
opening. Closing 0/3-7/320/9-7/32
Tientsin-Pukow Rly. 5% (German 8tpd).......... Tientsin-Pukoy Rig. 6%
(Brit. Stpd, bupt Loan) 10 Tientsin-Pukow Rly. ·5% (Ger.Stpd, Supl. Loan) Jap. 8% Bter. Loan, 1924 191 Ger, 7% Intl Loan, 1924 Chartered Bank
10
TO-
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
10
51°
8-11/16
May
June
HK, Bhai Bank (Ldn
Reg.)
701
HK. & Shai Banx -(Col
Per)
78
5-3/16
"
India Rupee Paper
Hongkong
Sterling
Bellers
Spot ...
May
June...***
0/3-7/32 0/3-7/32 0/3-7/32 0/3-7/32 U.S. Dollar
$5-3/18
5-3/18
$5-3/16
5-3/16 5-3/16
Market:-Quiet but steady.
Silver Duty Rate
The Central Bank of China's rate on London at 10 am, today was 1/2-1/20...
The Equalisation rate was 24-1/3
per cent.
Bombay, May 5 (Reuter), Govt. 31% Rupee, 94-08-0.
Calcut
Exchange
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside
the Roosevelt Terminal în the French Concession at Shanghai, where passengers and cargo are landed.
For further particulare
please apply to-
LONDON METALS
EXCHANGE
London, May 5 (Reuter).
Standard, Cash, Middle Price, £269-3/8.
T.
Tin, Standard. 3 months, Middle Price, £265-7/8.
Market easier, reflecting easiness in the East and America and re- duction of Ministry's cash limit whereafter Initial lower business the Ministry finally sold at broad- er forward demand, stiffening the market generally. After hours-40 tons at £2891 and £266), paid and sellers.
JARDINE MATHESON&Co.,LTD.
Calcutta, May 5 (Reuter).TELEPHONE ZOJILL GENERAL MANAGERS *
12 on Japan, 81-1/2;
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.
5,598,600.00
Reserve and Undivided
Profits.....2,963,281,50
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, Esq. P. K. Kwok, Esq., Wong Chu Sos, Esq.
15, "QUEEN'S ROAD, CENTRAL Wong Tun Tong, Esq.
Chan Ching Shok, Ex.
Fang Fing Wah Esq.
KAN TONG Po, Esa, Chief Manager HON. MR. La Tax FONG, Manager-
Branches and Agencies:
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
Kowloom
London
Manila
Singaporn Rangoon Boursinya
Satron „Barydow
Melbourne Bad Bean. "Sydney
Every description of Banking and
This Bank is entirely owned by Exchange business transacted. Loans THE CHASE NATIONAL BANK granted on approved securities.
NEW YORK, with Resources of
over U.S.$3,800,000,000.
D. L. BALLANTYNE,
Manager,
THE MERCANTILE BANK OF INDIA, LIMITED
Head Offee-, Gracechurch Straat,
London, EC
Authorland Capital 22"
Babestībed Capital Paid-up Capital..
Berre Pund and Bori,
BANKERS:
28,000,000 £1,300,000 £1,000,000 21,254,680
The Bank of England and Midland
Bank, Ltd, BRANCHES:
Keantan
Bangkok
(pob
Bombay
Fatton"
Calenta
Colombo
Kandy
Delbi
Galle
Hongkong Howrah
Kazobi
Kuala Trengga Kadra
New York;
PROK Bangoon
Kota BharuI. Shangbad Kunis, Ldpristat
Zumi Lampor Singapore HONG KONG BRANCH:
Current Accounts opened in Loss). Currency and Fixed Deposita" ra- caived for one year or shorter periods in Local and Foreign Car- terms which will be rencies on quoted on application.
SAPK DEPOSIT BOXES TO L
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AB AN-- INTERNATIONAL EXCHANGE
BANK PAID-UP CAPITAL $40,000,000,00 (BRANCHES ALL OVER CHINA)
Every description of
Owing to our numerous Branches of Banking and Exchange business trænačted.
in China and connections in the TRUSTEE AND EXECUTORSHIP
principal Commercial Centres of UNDERTAKEN DA UURRENT ACCOUNTS opened in Local Oar the World, we are able to extend rendy and FIXED DEPOSITS ON Lees to our Clients spesial facilities for Commoy & STERLING, on terms that maybe Domestic and Foreign Banking and ascertained on agy Hoatios.
D. BENSON, A Exchange.
WANT ADS
Trusted
Head
CANTON
SWATOW
Office:-SHANGHAI
* Hong Kong Branch:
4, QUEEN'S ROAD, C. South China Oficer.
KONGMOON TOISHAN SHIUCHOW KINGCHOW
We also handle the issue of Bonds and other Public Funda of the Chinese Government both at Home. and Abroad.
SHOU J. CHEN,
Manager
111*
U.S. Steel
524
is conducted by the BONGKONG
10
Vanadium
234
12
Vultee Aircraft
41
ed on application.
171
Walworth Co.
41
131
Warner Bros. Pict
BANKING CORPORATION.
261
Westinghouse Elec.
198
221+
Woodward Iron Cor
26*
242
Chase National Bank
29*
Hong Kong, 25th Feb., 1639.
131
National City Bank
25*
21
Libby. Moeill & Libby
584
THE CHASE BANK
DOW JONES AVERAGE"
May 6, 1941. May. 3, High Low Close
116.55
118.20 114.87 116.84
28.08
28.90 28.58 28.73
Change ,29 up .05
HEAD OFFICE:
Utilitics
17.85
17.77 1768 17.67
.18
B1.74
65.73
91.76 08.01
01 up .28 up
Pezane
Business Done:-420,000 shares
Haskow
Monoinly
Kaue
Bambay
Calenta
Haiphong
Nagraks
zatma Tentada
New York
Seattle
Pasti
Be
Pedying
Shangb
2
62-15 ***** 62-15 63-00