On demand
On Sterling Notes:-
High Low Close Close Change
1347 12.38 12.35 12.42
24,48 24.30 23.07 24.45 48 up
981 961 967 981 731 721 .723 723
STOCKS
off up
14.80
14.68 14.53 14.75N 22 up
Adams press
Alleghany Steel O.
Close
Closing
Change
Allis Chalmers ...
12.35 N 12.39 N
.04 up
Amer. Can
12,35/38
13.42/42"
.07 up
American Cyanamid B..
12.50/52
12.58/58
.00 up
Amer. & Foreign Power
*12.51/53
·
12.64/04
13 up
Amer & Foreign" $7 pf.
12.50/50 12.61/61
.11 up
amer, Locomotive
12.53/54 12.59
12.64/64 12.83
Amer. Metals Co...... 41
.04 up
Amer. Radiator
Amer. Rolling Mill
Amer. Sting and Ring Co.
Amer. Sugar Renning
Amer. Tel, & Tel
Amer, Tobacco "B"
23.97/97
2445/48
48 up
Amer. Waterworks
23.50/50
23.85/95
.45 up
Anaconda Copper
23.18/19
23.65/85
.47 up
Atchison, T. & 8, Te.
22.85 N
23.30 N
.45 up
Aviation Corp.
Baldwin 'Lecometive
Baltimore & Ohio
Barnsdall Ou
CHICAGO WHEAT.
149 1/2
July
September..
Bank Buying Rate
Now.
23 1/2
Bendix Aviation
961/962 9617961 971/071 962/981
1 off 1 off
Bethlehem Steel
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND SEXCHANGE
CLOSING QUOTATIONS
MAY 10, 1941.
On London:-
Telegraphic Transfer. 1/2 7/8 Bank Bus, on demand 1/2 7/9- Credits 4 months' aight.
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE>
NEW YORK, May 10, 1941.
New York Cotton, July New York Rubber, July Chicago Wheat, July Chicago Corn, July New York Hides, June
NEW YORK COTTON
On Shanghai:-
"On demand
440
On Singapore:
May
On demand
52 3/4
July
On Japan:
October
On demand
102 1/2
On India:--
January
Telegraphic
and demand 82 5/8
Transfer.
March
Spot
On New York:
Bank Bills, on demand 24
Credlis, 60 days' sight 24'3/4
45
Bank Bills, on demand Nonl Credita 4 months sight Nom.
On Batavia:~~
On demand.....
On Paris:
On Balgon:---
On demand
On Manila:
On demand
On Bangkok:--
104
December
Prev. Today's
Totales Friday:-318,900 balee,
The last trading day for May cotton is May 16.
NEW YORK RUBBER
May.....
July (New contract) September (
December
}
Total sales or the day:-1,080 tons. The last trading day for May rubber is May 27.
מט 11.
NEW YORK STOCK EXCHANGE
QUOTATION
'(REUTER'S" SERVICE)
MAY 11, 1941.
Last Sale
MONDAY, MAY 12, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
ست
Authorised Capital....... 850,000,000
INDIA, AUSTRALIÄ.
AND CHINA
Issued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, 1860
Reserve Funds:
Sterling
£8,500,000 Paid-Up Capital H.K. Currency Reserve $10,000,000 Reserve Fund Reserve Liability of
Proprietors
$20,000,000
....£3,000,£*** *............£3,000, Recurve Liability of Pro-
Prietors.....
....£3,000,00% HEAD OFFICE: LONDON:
Head Office:-HONG KONG
Hon. Mr. T. E. Pearce, Hon. Mr. A. L Shields, Sir Vandeleur M. Grayburn,
Chief Manager.
Branches:
Johare Rangoon
38, Bishopsgate E.C.P. Sup-Agencies In Landon:
117/122, Leadenhall Street, E.C.a West End Branch: 14/16, Cockapur Street 8.W
Manchester Branch:
52, Mosley Street, Manchestër, 1
AGENCIES AND BLANCHES-
ALOR STAR AMRITSAR
BANGIOK
BATAVIA
BOMBAY 1. CALCUTTA
AGENCIES:
FAIR POE CANTON
110
MANGOON
BONA KUNG - PINANG
ILOILO
IPOM
TARAOD: FLANG
KOM KUALA
BALGON KIRIMDAN SEANGHA SINGAPORE SITIAWAN
SOURARITA
TAIPING
LUMPUR KUCHING
TIENTŠIN
CAWNPORA
MADRAN
TONGKAK
MANILA
(Bhuket)
XIDAN
TRINGTAL
NEW YORK
YOKOHAMA
STOCKS
May 10
51"
Kennecott Copper
Last Sale
May 10
35
Libbey-Owens-Ford Glass 31....
2
Lockheed Aircraft
231
79
Loew's Inc.
291
36
Martin, Glen L.
Bourd of Directors: Hoo, Mr. J. J. Paterson,
281
5/8*
Montgomery Ward.
Chairman.
321
18+
National Aviation
71*
W. H. Lock, Esq.
127
| Nat, Dairy Products
Deputy Chairman,
13
17*
National Distillers
J. E. Bousfeld, Esq.,
181
61
Nat, Power & Light
A. H. Compton, Esq.,
149
National Supply Corp.
L J. Davies, Esq.,
61
39++
New York Central
Hi
131
16
Niagara Hudson Power
Mr. S. H. Dodwell, Miskin, Esq.,
21
K. S. Morrison, Esq.,
1501
N. American Aviation
13
654
North American Co.
125
44
Northern Pacific
28
Packard Motors
301
Paramount Pictures
1.18
22
Pennsylvania R.R.
14
| Phillips Petroleum
4
Amoy
251
ទេវ.
Pure Of...
Bangkok
Kobe
Saigon
Batavia
Kowloon
San
35
Radio Corpn. of Am.
37
Bombay
Kusis
Francisco
711
Reading Company,
Com
151
Calcuts
Lumpar
Shanghai
Bliss & Co.
151
Remington Arms Co., Inc.
Canton
London
Singapore
3
Boeing Airplane Co.
14
|Republic Aviation Corp.
Friday's sales:-18,329.00 Obushels.
CHICAGO CORN'
34
Chefoo
Lyon:
Sourabaya
Borg-Warner
164
Republic Stesi
18
Colombo
Malacca
Sungel
Briggs Mfg.
194
Reynold Tober. "B".
29
Dairen
Mauila
July
721/721
September
734/734
722/721 -1731/731
# up unch,
Budd Mfacturing Corp.
4
Schenley Distillera ......
16
Foochow
Muar
Patani Swatow
Canadian Pacific R'way
32
Shell Union Oil.
141-
Haiphong
Bankow
Celanese ...
21
Socony-Vacunum Ol.....
91
Harbin
NEW YORK RIDES
Chesapeake & Ohio
371
Southern Pacific
123
Iloilo
June
14.53/53
September
14.89/70
14.75 N 14.94/04
.22 up
Chrysler Corpa,
581
Southern Rly $5 pfd.
25+
Ipoh
Penang
25 up
Columbia Gas & Elec.
21
Spicer Manufacturing Co
Commercial Credit Co.
24
Standard Brands ....
51
Total sales for the day--174 lots.
Com, & Bouthern (Ord.) ...
Stand Gas Elec.
1
Consolidated Edison
184
Standard Oil of NJ.
364
Consolidated on
6
Studebaker Com.
51
7.94 N
Closed
Copperweld Steel
14
Swift International
181
Gurting Wright" (C.)
81
Wechnicolor
72+
Douglas Aircraft
83
Texas Corpn.
,381
"
Du Pont de Nemours
141
Trans-America Co.
41
2.50b/5la 250b/5la 2,530/55a 2.53b/640
meh. unch.
Eagle Picher Lead.........
8
20th Cent. Fox,
54
Mee. Autolite
271
Union Bag & Paper Corp. 11
Elec Bond & Share
21
Union Pacife
311
Elec. Bend Share $5 pt.
57*
United Aircraft
391
Elec. Bond & Share $6 pt.
821
United Airlines Trans
91
Elec. Power & Light #7 pf. Elatkote
331*
United Corpn.
11/15
124
July
82b/.82)e
.84b/.84a
02 1
United Corpn. 33 cum pi.
211
||
Gen. Electric
29
United Gas Improvement
67
Gen. Motors...
40
UB. Rubber
231
Gen. Rallway Signal
13
V.8. Steel
Gen. Tire & Rubber
101*
Vanadium
"
July
11:55b/83a 11.55b/83a
unch.
Goodrich (BF.) ......
121
Vulter Aircraft
NEW YORK COTTONSEED OIL
July
Goodyear Tire & Co.
17"
Walworth Co.
Great Northern Iron Ore --
14
Warner Bros. Pict.
(Johor) Tientsin Mukden Tokyo
New York Taingtao
Yokohama Peiping
COLOMBO
DECEI HAIPHONG KAMBURG HANKOW
PRIPING
(Peking)
FoRL.ON EXCHANGE and General Banking Business transacted.
CORBENT Accounts opened and FIND DEPOSITA received for Qu Year or aborter periods in Local or Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNTS also opened in » Local Currency and Sterling with CURRENT ACCOUNTS opened interest allowed at rates cotainable in Local Currency and FIXED DE-on application. POSITS received for one year or The Bauk'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 of various sizes to let.
TRUSTEE and EXECUTOR business undertaken.
Hongkong, 26th February, »1941.
HONGKONG SAVINGS
BANK
The Business of the above Bank
is conducted by the BONGKONG |
Britiah 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
ed on application.
For the HONGKONG & SHANGHAI
BANKING CORPORATION.
3,596,600.00
Reserve and Undivided
Profits 2,083,281,50
10.47/50
10.60b/62a
13 up
Great Northern Rly, pfd.
27
Westinghouse Elec.
Great Western Sugar
23
Woodward Iron Cor.
Int Nickel
25
Chase National Bank
291*
V. M. GRAYBURN,
Chief Manager. Hong Kong. 25th Feb., 1939.
'
6.75/77
9,87b
.12 up
Inter. Paper & Power
141
National City Bank"
25/*
#
Int, Tel. Tel
21*
Libby. Monell & Libby
John man
59
THE CHASE BANK
,03 up
"
DOW JONES AVERAGE
· 1940/41
34-3/4 unquated 4.03-1/4
High Low Dow Jones Averages 10 11184 30. Industrials
May.,11, 1941. May. 9. High Low Close 116.46 117.69-116,53-117,54
3
Change
1.08 up
"
32.67 29.15 20 Rails
26.45 17.31 20 02.19 83.06 40 Bonds 68.03 48.74 11
Utilities
Commodity Index
29,01 17.31 91.93 €6.C3.
29.33 29.04 · 29.31
,30 up
17.41 17.35 17.41
.10 up
92.05
.19 up
88.11
08 up
Bar Silver per os
Market Report
FROM ROZÀ BROS.
Saturday, May 10. Suver" prices
unchanged yesterday, the quotations remain- ing at 23.1 for both Ready and
were
Forward. Silver "advices reported
a steady market. American Silver NEW YORK COCOA
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 » There were sellers at 1/3 up to July. buyers at 1/3.1/32 for any delivery.
..
U. S. DOLLARS
A small business was done at 24.7/16 for near delivery. The mar- ket closed with sellers at 24.3/8 for near and forward with small buyers at 24.7/16 for Cash.
SHANGHAI DOLLARS Business, was done early in the morning at 457.1/4, 457, 456.1/2
September
The last trading day for May cocos is May 22,
NEW YORK SUGAR NO. 3
May... July
Volume of business done:-77 lots. The last trading day for No. 3 Sugar is May 23. NEW YORK SUGAR NO. 4
Volume of business done:-137 lots.
NEW YORK COPPER FUTURES
NEW YORK LARD
September
September
7.54b/58a7,57b/58a
The First Notice Day for September black pepper is Aug. 20 and last trading day is September 23.
N.Y. Official Silver N.Y.-London Cross Rate
and 456. Towards the close bus-NEW YORK BLACK PEPPER ness was done again at 456.172. The market closed with sellers at 468.1/4, buyers probably at 456.3/4. SHANGHAI MARKET Sterling, opened with sellers at rose to 3.19/64. 3.8/32 and then At the close the market "was 2 shade lower at 3.9/32 sellers for Spot. U.3. Dollars opened with sellers at 5.3/8 and closed a 'shade lower at 5.11/32 for Spot.
.
Shanghai Exchange
il
Shanghai, May 10 (Reuter).
Official T.T.-Lates
Opening
0/3-1/8 5-1/8
1/pening Closing
*LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
London, May 9.
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 aITON in transmission.
The Central Bank of China's 1925 (Vickers) rate on London at 10 am: today | Chin. Imperial Rly 5% was 1/2-1/2d,
4.03-1/4
H.K. Stock Exchange
Saturday, May 10. BUYERS
Bank of East Asia, $70.50. HK. Fire Ins. X.D., $175. Providents, $4.86,
Hotels, $2,85,
Landa, $30.75.
Realties, $2.70.
Macao Electrics, $18.50. Ropes, 38:10.
Entertainments $6,25,
SELLERS
HONGKONG-FUKIEN REMITTANCES
With the exception of Foocbow. Changlo and Futsing, remittances
Business Done:-380,000 shares
LONDON METALS
EXCHANGE
London, May 9 (Reuter). Til Standard. Cash, Middle
between Hongkong and districts in Price, £288-3/4. south, north and west Fuklen Tin Standard, 3 months, Middle through the Fukien Provincial Price, 2267-3/8. Bank are as usual, the Bank an- nounced today.
Market quiet. Ministry's price £271-1/2"
BROKERS
LOANS
New Yorw, May 8 (Reuter). Loans on securities to brakers in New York:-
Remittances between Hongkong and, Foochow, Changlo and Futsing have been disrupted since the fall. of the cities into Japanese hands.
Although Changlo and Futsing have now been recovered" by the Chinese. remittances there are WK.-ended WK.-ended WK -endea still impossible in view of their 2/5/10 1/5/41 8/5/41 propinquity to the fighting area. $478,000,000 $330,000,000 $317,000,000
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE: ..
18, PINE STRIIT.
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
Head Office:-HONG KONG No. 10 Des Voeux Road, Contral
Board of Director,
HON. SIR SHOrson Crow, Chairman LiKoon Chan, Esq. Li Lan Sang, Bag. P. K. Kwok, Esq. Wong Yan Tong, E. Fung Ping Wab Eq. Wong Chu Son, Esq. Chan Ching Shuk, Esq.
KAN TONG PO, Esq., Chief Manager HON. MR. LI Tax Fouo, Manager,
Magn
Branches and Agencies:
Kowloon Panteg
starix
Loudon Manil
Bocoba
Hatpan
Hechow Armrlnln
Melbouras
Noguc Sew York
Paris
singapore Kargoon Bourabaya binigon Saxtow Ban Fran. Byday
FEUCOGYO
Gago
Seattle
Semarang L'elping Shang
This Bank is entirely owned by chauge business transacted. Loans Every description of Banking and
THE
CHABE NATIONAL BANK, NEW YORK, with Resources of over U.8.33,800,000,000.
D. L. BALLANTYNE,
Manager,
WANT-ADS Cheap!
ARE:
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
London
New York
Japan
21-3/4
India
17-1/4
£
Paris
nominal
Hongkong
20-3/4
War Loan, 31% (Red,
after 1962)
1037
Sterling
Defence Loan, 3%
1014
Sellers
Canton-Kloon Rly. 5%
9
Chinese 41% Gold Lan
Providents, $4.95
Sport
0/3-9/32
0/3-9/32
1898 (Brit. Isuel
39
May
0/3-9/32
0/3-9/32
Realties, $2.90,
Chinese 5% Gold Bonds,
June
0/3-9/32
0/3-9/32
Trams, $16.
1925/41
38
Electrics "Rts." $12,25.
U.S., DollarS
Ini. 41% Anglo-French
Spot
$5-11/32
$5-11/32
Loan, 1808
40
SALES
May
5-11/32
5-11/92
Chinese 5% Orlap Loan.
June......
5-11/32
5-11/32
1912
201
•Providente, $4.00.
Market:-Quiet,
Silver Duty Bate
Chinese 5% Reork, Loan,
1913 (Lan. Is) Chinese 8% Ster. Notes.
Electrics "Rts."
28)
7-9
Chinese Eng. & Mining
Loan
48
(bearer) ra
12/6
The Equalisation rate was 24 pôt-cente
Honan Rly 8%
12
Chosen Corporation
4/-
Hukuang. Rly 6%, 1911,
Mercantile Bank of In-
to
(LP. N/Y Issue)
13
dia. £5, "G".
111
Hukuang Rly, 5%, 1911
Pekin Syndicate
1/
German Issue).
11
8'hal Elec, Constr. Co.
18/-
Lung Tsing & U. Hai "
B'hal Waterworks "A"
*15
Rly. 5% 1913
Union Insurance
22
S'hai-N'King Rly. 5%...
14:
Tientsin-Pukow Rly. 5%
(Brit. Stpd.).
10
Tientsin-Pukow Rły, 5%
(German Stpd.) Tientsin-Pukow Rly. 5%
Brit. 6tpd. Supl. Loan 10 Tientsin-Pukow Rly."5%
.10
(Ger. Stpd. Supl, Loan) Jap. 8% Ster, Loan, 1924 Ger, 7% Intl. Loan, 1924 5
10
Gala Kalumpang Rubber 15/- Lon, Mid, & Scot., Rly. 129 Great Western Rly... 331 National Bank of India 304 B-A. Tob (bearer)... 87/6 Dunlop Rubber .............
34/- Bristol Aeroplane........ .00/1 Imperial Chemical Ind. 30/8 United Steel
22/3.
19ƒ-22
Woolworths
47/6
For further particulars
please apply to-
Offtake 100 bars. Chartered Bank.....
81
ELK. & 8'bal Bank (Ldn
Maruman Investments 6/3 Western Holdings: Sub-Nigel
10/0
142/0
62-11
Reg. 1
711
Thell Tran
Trad.
62-11
H.K. & Shal Bank (Col
40/71
02-12
761
India Rupee Paper
Bombay May 10 (Reuter).
·Govt. 34% Rupec. 95-07-0,
Calcut Exchange.......
Calcutta, May 10 (Reuter). 77 on Japan, 81-1/2
SILVER MARKET
BOMBAY SILVER
Bombay, May 10 (Reuter). Market-Steady.
Indian Mint Silver
May 21 Settlement June 20 Bettlement
Ready
(bearer).
pia- .
Operating Services for Cargo add Passengers
SWATOW, SHANGHAI, TSINGTAU, CHEFOO"
and TIENTSIN
KOBE and OSÄKA
SINGAPORE, PENANG and CALCUTTA SANDAKAN
...HAIPHONG
i
All steamers berth alongside the Roosevelt Terminal in the French Concession at Shanghai, where passengers and cargo are landed.
JARDINE MATHESON&Co., TELEPHONE ZOZILA GENERAL MANAGERS
grauted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposite re- ceived for one year or shorter periods in Local and Foreign Car- rencies ou terms which will be quoted cu application.
SAP
KPUSIT 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 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: BHANGHAI Hong Kong Branch:- 4, QUEEN'S ROAD, C.
South China Offices. [
KONGMOON fi TOISHAN KINGCHOW
CANTON
SWATOW
SHLUCHOW
We also handle the issue of Bonds and other Public Funds of the Chinees Government both at Home and Abroad.
SHOUJ. QHEN,
Manager.