Hon. Mr. S. H. Dodwell, G. Miskin, Esq.,
K. S. Morrison, Esq., Hoa. Mr. T. E. Pearce,, Hon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,
"Chist Manager.
Rangoon Saigon
Singapore Sourabaya
BOMBAY
KLANG
KOB AGENCINA: · CLAVE STREFY KUALA FAIRLIN PLACE, CANTON
DAWNFORI
COLOMBO
LUMPUR KUCHING
MADRAN MANILA
MEDAN
NEW YORK
PRIPING
(Peking)
TONGKAN
(Bhuket)
THINGTIG
ТОКОЛАМА
FORMIGN EXCHANGE and Genera). Backing Business transacted.
On Shanghai:—
On demand
450
New York Cotton, July New York Rubber; July Chicago wheat, July Chicago Corn, July New York Hides, June NEW YORK COTTON
Prev. Today's High Low Close Close Change 1225 12.03 12.08
.01 OF 13.07 23.90 23.60 24.05 23,68 .37 of
964 951 947 96 709 691 691 14.48 14.40 14.40b 14.35b 05
STOCKS
1) up
70 - 14 up
Adams Express
Alleghany Steel Co.
Close..
Closing
Change
Allis Chalmers
Apter. Can
On Singapore:-
May
12,05 N
12.10/10
.05 up
American "Cyanamid B.
On demand ............................ 52 3/4
July
12.08/10
12.07/07
.01 off
Amer, & Foreign Power
On Japan"
October
12.19/19
12.18/20
.01 of
Amex & Foreign $7 pf. ...
On demand
102 1/2
December
12.21/24.
12.25/28
.04 up
Amer. Locomotive
On India:-
January March
12.23/23
12.25/26
.02 up
Amer. "Metals Co.
Spot
12,20/24 12.29
12.20/26
.06 up
Amer. Radiator
12.34
.05 up
Amer. Rolitag · Mili
Amer, 'ting and Ring Co.
Amer, Sugar Refining
Amer. Tel, Tel
Amer, Tobacco “B”
24.05/05
23.8 /88
37 of
Amer, Waterworks
23.75/75+
23.30/30
.45 off
Anaconda Copper.
23.25/25
22.90b
.35 off
Atchison, T. & S. Fe.
22.95 N
22.85 N
10 off
Aviation Corp.
Total sales for the day:1.030 tons. The last trading day for May rubber is May 27.
.
Baldwin Lecometive
Baltimore & Ohio
Barnsdall Of .......
Bendix Aviation
Bethlehem Steel
94/95 961/961 951/951 962/962
11 up
Buss & Co.
1 up
Boeing "Airplane Co
Tuesday's sales-19,389,000 bushels
Borg-Warner
Briggs Mig.
Budd M'facturing Corp.
691/691" 691/697
704/708
up
Canadian Pacing 'way
Celanese ***
Chesapeake & Ohio
Chrysler Corpn.
were
June
September
14.40b/45a 14.35b/42a 14.55/58 14.17/50
.05 off
Columbia Gas & Mec.
.08 off
Total sales for the day:-96 lots,
Commercial Credit Co. Com, & Southern (Ord.)
Consolidated Edison
Consolidated Oll
September
8.07/08 ..7.39/87
20 Off
Copperweld Steel
Curtiss Wright (C.)-
Douglas Aircraft ....
Du Pont de Nemours
Eagle Picher Lead
May July
2.47b/488 2.48b/49a 2.52b/53a 2.52b/53a
01 up unch.
Mec, Antolite
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE CLOSING QUOTATIONS
MAY 8, 1941.
On London:—
Telegraphic Transfer. 1/8 7/5 Bant" Bills, on demand 1/2 7/8 Credits 4 month" sight
"
„Telegraphic
Transfer.
and demand...90/8
On New York
Bank Bills, on demand 23 7/8 Credlis, 60 days' sight 24 5/8
Oo Batavia:-
. On demand
On Parks:
Bank Bills, on demand Nom.. Credits 4 months' sight Nom.
On Saigon:-
NEW YORK COMMODITY. MARKET (REUTER'S SERVICE)
NEW YORK, May 7, 1941
Total sales Tuesday:-210,400 bales.
The last trading day for May cotton 14 May 18.
..... 44 3/4
NEW YORK RUBBER
May....... "July
(New contract) September (
December
}
On demand
**** 103 1/2
On Manila?-
On demand
47 3/4
On Bangkok-
CHICAGO WHEAT
On demand
1:9 1/2
July
On Sterling Notes:-
Bant Buying Rate
Now..
September
Bar Silver per oz"
23 1/2
CHICAGO CORN
July
September
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE}
MAY 8, 1941.
Last Sale
STOCKS
Kennecott Copper
Lockheed Aircraft ....
Montgomery Ward
National Aviation
Glass
Nat: Dairy Products .....
National Supply Corp.
Niagara Hudson Power
N. American Aviation
North American Co. Northern Pacific Packard Motors Paramount Pictures
Last Sale
May 7
བྷཱུཏྟཱཉྙསྨིཾབྷོཔྤཡྻོ ཊྛིཾབྷཡྻཏྟིསྶཏྟཾ ཿཝསྶཏྲྰཾརཱྀཏྲྰཾ་ཧྲྰི⌘ཨྰཿཨྰཿ8ཨྰཿཀྰ་ྷཔྲ་དྷâཆའི༤༠ཚོམཎྜཾ
FRIDAY, MAY 9, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
יו
Authorised Capital..... 840,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up $20,000,000 Incorporated by Royal Charter, 1858
Reserve Funds: Sterling
£3,000,000 .£3,000,000
..........£3,000,000
£6,500,000 Paid-Up Capital H.K. Currency Reserve $10,000,000 Reserve Fund Reserve Liability of
Roserve Lisbility of Pro-
prietors ..... Proprietors
$20,000,000
Head Office:-HONG KONG
Board of Directors: Hoa, Mr. J. J, Paterson,
WAH. "Lock, Esq.,
Chairman,
HEAD OFFICE; LONDON: 38, Bishopagate E.Ü.3. Sub-Agencies In Lendon: 117/122, Leadenhall Street, E.0.
West End Branch: 14/16, Cockspur Street, S.W1 Manchester Branch; Mosley Street, Manchester,
Deputy Chairman,
J. K. Bousfield, Esq.,
A. H. Compton, Esq., L. J. Davies, Esq
AGENCIES AND BRANCHES -
FOMA TONG ILOILO
ALOR STAR AMRITSAR
BANGIDI
BATAVIA
CALORIETA
FENANG BANGOON
ΤΡΟΠ
BAIGON
KARACHI
BERIMBAR
SHANGHA
SINGAPORE
SITIAWAN
SOURABAYA
TAIPING
TIENT910
May 7
51
21+
|Libbey-Owens-Ford
********
27k
791
Loew's Inc:
354
Martin, Glen
172
128
174
National Distillers
61.
Nat, Power & Light
....
14t
371
New York Cential
15%
1491
68..
41
241
291
3
Pennsylvania R‚R.
Branches:
137
Phillips Petroleum
34
Pullman Inc..
Amos
Joboro
93
Pure Oll
Bangkok
Kobe,
Batavia.
36
Radio Corpn. of Am.
Kowloon Sao
DELEI
Bombay
Kuala
Francisco
71
Reading Company,
Com 152
Calcutta,
Lumpur Bhanghai
141
Remington Arms Co., Inc.
Canton
London
HAIPHONG HAMBURG KANIOW
14
Republic Aviation Corp.
Obafoo
Lyon
17
Republic Steel
Colombo
Malacca Sungei
191
Reynold Tabac. "B"
Dairen
Manila
34
Schenley Distillers
Foochow Muar
32
Shell Union O
Haiphong
201
Socony-Vacunum Oil
364
Southern Pacific
124
Harbin Iloilo
561
Southern Rly $5 pfd.
Ipoh
21
Spicer" Manufacturing Co
281*
265
Standard Brands
..
Stand Gas & Elec.
191
Standard O of N.J
57
Studebaker Com.
141
Swift International
81
Technicolor
68
Texas Corpn.
141
Trans-America Co.
71
20th Cent, Fox
271
Union Bag & Paper Corp. 104
1
MARKET
Elec. Bond & Share
21
Union Pacific
81-
Elec. Band & Share $5 pr.
591
United Aircraft
36
་
Elec. Bond & Share $6 pi.
62.
United Airlines Trans
104
Elec. Power & Light ST på.
32
United Corpa,
#
Flatkoto
12
United Corpn. $3 cum pf.
211
,80b/.811 .79b80a Volume of business done:-189 ints, NEW YORK COPPER FÜTURES
July
.00 off
Gen. Electric
281
United Gas Improvement
61
Gen. Motors
38
U.S. Rubber
22
11.556
11,55b/85a unch.
Gen. Railway Signal Gen. Tire & Rubber Goodrich (BF)
13
U.S. Steel
534
is conducted by the BONGKONG
101
Vanadium
244
131
Vultee Aircraft
54
Goodyear Tire & Co. .....
171
Walworth Co.
#
ed on application.
10.22/22
10.22/22
unch.
Great Northern Iron Ore Great Northern Rly, pfd.
141
Warner Bros. Pict.
3+
BANKING CORPORATION.
252
Westinghouse Elec.
B82.
Grest Western Sugar
221
Int Nickel
25
September
.9.652
9.86 A
.01 up
Inter. Paper & Power .............. Int. Tel. & Tel
134
Woodward Iron Cor. Chase National Bank National City Bank
27
17"
Libby. Monel Libby
NEW YORK BLACK PEPPER
September
Johnsman
581
7.50/59
7.48/48
.11 off
DOW JONES AVERAGE
34-3/4 34-3;4 4.03-1/4
4.03-1/4
117.10
נן
May 8, 1941. " May. 6, High Low Close 117.49 116.53 11687
Change
HEAD OFFICE:
22.87 22,15 20
Rails
29.22
29.41 28.98 29.08
AFTERNOON MARKET
STERLING
26.45 17.67 20
Utilities
17:77
17.71 17.46 17,51
82.19 83.08 40 Bonda 67.09 18.74 11 Commodity Index
02.02 67.08
91,90
€7,18 Business Dons:-5 0,000 shares
23 08 14 of .26 off .12 off ..07 up
Bombay
AMOJ
Batai
Manjla
Calvatia Halphong
Ng
Hankow
+
Bonniala
Market Report
· FROM ROZA BROS.
Thursday, May 8. silver prices
unchanged yesterday: the quotations remain. ing at 23.1/2 for both Ready and Forward. Silver advices reported
the market as being idle with no busincas done. American Silver was quoted at 34.3/4 for Spot.
The London/New York rate was quoted at 403.1/2. New York/London was quoted at 403.
#1/4.
Quiet. Dall
cross-
STERLING There were sellers at 1/3 up to June, buyers at 1/3.1/32 for any delivery.
U. 8. DOLLARS
2
No business was reported. There were sellers at 24.5/16 for forward and near, buyers at 24.3/8 for Cash.
SHANGHAI DOLLARS
A small business was done at 463. The market closed at 1 pm, with sellers at 462.3/4. buyers probably at 463.
SHANGHAI MARKET Tulil," There were sellers of Sterling for Spot at 3.15/64 and
U. S. Dollars at 5.7/32 for Spot.
Quiet.
NEW YORK HIDES
NEW YORK COCOA
The last trading day for May cocoa is Mar 22. NEW YORK SUGAR NO. 3
Volume of business done:-209 lots. The last trading day for No. 3 Sugar Is May 23. NEW YORK SUGAR NO. 4
July
NEW YORK COTTONSEED OIL
July
NEW YORK LARD
The First Notice Day for September black pepper is Aug. 26 and Last trading day is September 23.
NY. Official Silver. N.Y.-London Crass Rate
The market closed with sellers at LONDON STOCK
1/3 to July. buyers at 1/3.1/32 for
any delivery,
U. S. DOLLARS
A small business was done at 24.328 for near delivery.
The
EXCHANGE
(REUTER'S SERVICE)
London, May 7. The following quotations are the market closed with small sellers at middle prices at the close of the 24.3/8, buyers at 24.7/16 for Cash.
SHANGHAI DOLLARS
market in London. All quotations are subject to confirmation and no Opened with sellers at 460.1/2 responsibility is assumed for errors
with business done subsequently
|in transmission.
if
at 460.3/4 and 481. At the close war Loan, 31% Red, there were sellers at 480.3/4, buyers after 1962) at 461-1/4
SHANGHAI MARKET
Sterling opened firm with sellers
at 1.15/64 and closed with seller's
at 3.1/4. U. 8. Dollars opened with Chinese 8% Gold Bonds.
seller's at 5.1/4 and then rose to 5.9/32. At the close sellers were reported at 5.1/4 for Spot.
Shanghai Exchange
SILVER MARKET
LONDON SILVER
London,.. May." (Reuter). Sliver-Market idle but steady, with no business.
Spot, 23-1/2d. Forward, 23-1/2d.
LONDON GOLD-
1940/41
High Low Dow Jones Averages 12.80 111.84 30 Industrials
RESERVE BANK OF INDIA STATEMENT
Calcutta, May 7 (Reuter).
Apr. 25 May 2
Notes in circulation (Including Notes beld in the Bank-
ing Department)... 28,059 28,070! Rupee Coin Bullion
LONDON METALS
EXCHANGE
London, May 7 (Reuter). TIA. Standard, Cash, Middle Price, £270-1/2.
Tin, Standard, 3 months, Middle Price, £287-3/8.
Market steady. Prices rose with better East and American advices 4,441 and Ministry's higher cash limit, but sellers reluctance restricted 9,132 turnover. After hour-market very steady-sellers reserved. 25 tons at 10.879 10,879 £270-3/4 and £287-3/4 paid and (Figures in Lakhs Rupees) buyers.
Bankow
Patani Swatow (Jobore) Tientsio Mukden Tokyo
New York Tsingtao Peiping Yokohama Penang
CURRENT Accounts opened And FIXED DEParrs, received for One Year of shorter perioda in Local or Other Currencies at rates which will be quoted on application.
SAVINGE ACCOUNTs also opened in Local Currency and Sterling with CURRENT ACCOUNTS opened interest allowed at rates obtainable in Local Currency and FIXED DE-jon application. POSITS received for one year or The Bank's Head Office in London sacrter periods in Local and Other undertakes Executor and Trustee Currencies on terms which will be business, and claims recovery of
of BOXES
quoted on application. SAFE DEPOSIT various sizes to let.
TRUSTEE and EXECUTOR business undertaken. Hongkong, 26th February, 1941.
"HÔNGKONG SAVINGS
BANK
The Business of the above "Bank
British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.
W. H. EVANS THOMAS,
Manager.
BANK OF EAST ASIA, LIMITED
SHANGHAI BANKING COR-Authorised Capital......$10,000,000.00
PORATION. Rules may be obtain Paid-Up Capital 8,008,800.00
For the HONGKONG & SHANGHAI
V. M.GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1939.
THE CHASE BANK
Reserve and Undivided.
Profits
.2,983,281.50
Head Office:—HONG KONG No. 10 Des Voeux Road, Central
Board of Director.
HON. SIR SHOUSON CHów, Chairman Li Koun Chun, Esq. Li Tan Bang, Esq... P. K. Kwok, Esq. Wong Chu Son, Esq. Fang Ping Wah Esq
-15, QUEEN'S ROAD, CENTRAL Wour Im 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 Shuk, Esq.
KAN TONG PO, Esq., Chief Manager Hos. Ma. Lr TEE FONG, Manager
Branches and agencies:
Kowloos London
Ред
Bingapore Haagaim Hoursdays Halgon
Barstow Melbourne San Fran. Sydney
New York Sanita Vabconta
Palping
eko Kont
Berang
Shanghai
Every description of Banking and
This Bank is entirely owned by Exchange business transacted. Leana THE CHASE NATIONAL BANE granted on approved securities.
NEW YORK, with Resources of
over U.S.$3,800,000,900.
D. L. BALLANTYNE,
Manager,
WANT-ADS are Seen!
INDO-CHINA
1032
London, May 7 (Reuter). Bar Gold, Fine per o., 168/-
in India
3,604
3,616
Defence Loan, 3%.....
1013
Gold Coin and Bul-
llon in India
4,441
Canton-K'loon Rly. 5% Chinese 4% Gold Lan
1898 (Brit. Issue)
9
39
1925/47
Chin. 41% Anglo-French
-LORD, 1903
40
Chinese 5% Crisp Loan.
1912
201
Tientsin-Pukow Rly, 5% (ect Otpd, vph Loại) Tientsin-Pukow Riy, 5% (Cer, Stpd. Bupl. Loan) Jap. 5% Stei. Loan, 1924 191-21) Ger, 7% Intl Loan, 1924 5 Chartered Bank
10
Securities (Indian
Government) Securities (British
9,132
Government)
10
8-11/16
Shanghai, May 8 (Reuter),
Official T.T. Bates
Opening
Chinese 5% Reorg, Lean,
1913 (Ldn. Is)
28+
HK. ghai Bank (Lan.'
Reg.)
71
Chinese 8% Ster. Noter,
1925 (Vickers)
EK. & Shai Bank (Cot
7-9
Reg)
78
Chin. Imperial Rly, 5%
Chinese Eng. & Mining
London
New York
Japan
0/3-1/8 5-1/8 21-3/4"
Loan
48
.* (bearer)
12/6
Honan Rly, 5%.
12
Chosen Corporation
4/-
Hukuang Rly. 5%, 1011...
Mercantile Bank of In-
-TO-
17-1/4-
(L.P. N/Y Issue)
13
dia. £5. "Q"
nominal
Bukuang Rly. 5%, 1911
Pekin Syndicate
1/-
20-3/4
(German Issue) ...
11
S'hai Elec, Contr. Co.
16/
Lung Tsing & U. Hat
Rly. 5% 1913
(6'bal Waterworks “A”
8
15 22
Closing
Bhai-N'King Rly. 6%
14
Tientsin-Pukow, Rly. 5%
(Brit. Stpd.)
10
Tlentin-Pukow Rij. 5%.
(German Stpd.)
10
India
Fellers
0/3-15/64 0/3-15/64. 0/3-15/84 0/3-15/04 0/3-15/84 0/3-15/64
$5-7/32. 35-1/4
6-7/32-
Union Insurance ....................... Gula Kalumpong Rubber 15/- Lon., Mid, & Scot., Rly. 129 Great Western Rly....... 334. National Bank of India 304 B.-A. Tob (bearer)
.... 88/3 Dunlop Rubber
33/-
Paris Hongkong
Sterling
Opening
Spot May
June
U.S. Dollars
Spot
Bristol Aeroplane
0/101
"May
June
5-7/32 Market: Quiet but steady.
Silver Duty Hate
5-1/4. 5-1/4
Imperial Chemical Ind. 30/44
India Rupee Paper
United Steel
22/14
Bombay, May 7 (Reuter). Govt, 34% Rupee, 04-09-0,
Woolworths ..................
47/8
| Maraman Investments 2.
.8/3
Western Holdings ..... Sub-Nigel
10/3
142/6
Calcut
Shelf Trati
&
Trad
Calcutta, May 7 (Reuter). 1.2 on Japan, 81-1/2
The Central Bank of China's rate on London at 10 am, today was 1/2-1/2-
per cent,
The Equalisation rate was 244,
ره
Exchange
(bearer), HOME 40/71
bid
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Passengers
-SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
*SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal in the French Concession st Shanghai, where passengers and cargo are landed.
For further particulars
please apply to-
JARDINE MATHESON&Co.,LTD. TELEPHONE ZOJIIL GENERAL MANAGERS:
Current Accounts opened in Local Currency and Fixed Deposits re ceived for one year or shorter periods in Local and Foreign Cur rencies on terms which will be quoted on application.
SAFE DEPOSIT BOXES TO LET.
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by
THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL. EXCHANGE
BANK
PAID-UP CAPITAL. $40,000,000.00 *(BRANCHES ALL OVER. ÜHINA) 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
CANTON SWATOW
TOISHAN SHIUCHOW-* --KINGCHOW
We also handle the issue of Bonds and other Public Funds of the Chinese Government both at Home and Abroad.
SHOU J. CHEN,
Manager,