High LOW 12,47 12.38 24.48 · 24.30
981 981
732
71
14.80
14.86 14.53
Close
1235 N
On demand
445
On Singapore:-
On demand
62 3/4
On Japan:-
On demand
...... 102 1/2
March
On India:
Spot
12.35/38
Closing 12.39. N 12.42/42
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS |
MAY 12, 1941.
On London:-
Telegraphic
Transfer.[/2 7/8 Bank Bills, on demand 1/2 7/8 Credits 4 months' sight
On Shanghai:-
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
May July
Fel
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
MAY 11, 1941.
STOCKS
Loew's Inc.
TUESDAY, MAY 13, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
Prev. Today's
Close Close Change 12.35 12.42 07 up 23.07 24.45 48 up 062 961 off 721
up
BANKING CORPORATION
Authorised Capital.............. 850,000,000
Heserve Funda: Sterling
INDIA, AUSTRALIA
AND CHINA "
STOCKS
Last Sale
Last Salo
May 10
May 10
14.75N .22 up
"Adama Express ...... Alleghany, Steel Co.
5$
221
Kennecott Copper Libbey-Owens-Ford
35
$20,000,000
il
Glass
31
Allis Chalmers
27
Lockheed aircraft
'231
Change
Amer. Can
79
.04 up
291
American Oyanatd B.
36
Martin, Glen L.
28+
07 up
Amer. Foreign Power
5/8*
Montgomery Ward
Board of Directors: Hon. Mr. J. J. Paterson,
321
October
12.50/52
12,56/56.
.00 up
Amer & Foreign $7 pf.
18
| National Aviation
December
January
1251/53 12.64/64 12.50/50 12.61/61 12.53/54 12.59
,13 ap
Amer. Locomptive
11 up
12%
| Nat, Dairy Products
W. H. Look, Esq.,
Amer, Metais Do.
.....
17*
| National Distillers
12.64/64 12.63
11 up
Amer. Radiator
#1
Nat, Power & Light ....
סט 04.
Amer. Rolling Mil
141
National Supply Corp.
May July
...... 104
July
42
Da Bangkok:-
CHICAGO CORN
149 1/2
July
Bank Buying Rate
NOD. 23 1/2
May July
་་
The London) New York cross rate was quoted at 402.1/2. New York/London was quoted at 403
Telegraphic Transfer.
and demand.....
On New York:-
nster. Les 5/0
Bank Billa, on demand 24
Credits, 60 days' sight 24"3/4
On Batavia:-
On demand............. 45
On Paris:
Bank Bills, on demand Nom," Credits 4 months' sight No.
On Saigon -
On demand
On Manila:-
On demand
On demand
On Sterling Note:-
Bar Silver per oz.
Market Report
FROM ROZA BROS.
Monday, May 12. Silver prices were unchanged over the week-end, the quotations remaining at 23:1/2 for both Ready and Forward, American Saver was" unquoted
Total sales Friday:-218,900 bales. The last trading day for May cotton 13 May 16. NEW YORK RUBBER
Total sales for the day:-174 lots! NEW YORK COCOA
September
The last trading day for May cocoa is May 22. NEW YORK SUGAR NO. 3
Volume of business done!---77 lots. The last trading day for No. 3 Sugar is May 23. NEW YORK SUGAR NO,
Amer, Sting and Ring Co. 39 Amer. Bugar Redning
New York Central
131
16
Niagara Hudson Power
Amer. Tel.
Tel.
1501
N. American Aviation
134
K. 8. Morrison, Esq.,
23.97/97
24.45/48
.48 up
Amer. Tobacco. "B"
684
North American Co..
121
(New contract) September (
23.50/50
23.95/96
.45 up
Amer. Waterworks
$1
Northern Pacific
23.18/19
23.65/65
47 up
Anaconda Copper
26
Packard Motors
December (
} Total sales for the day:-1,080 tons. The last trading day for May rubber is May 27. CHICAGO WHEAT
22.85 N
23.30 N
.45 up
Atchison, T. & S. Fe.
301
Paramount Pictures
Issued & Fully Paid-Up $90,000,000 Incorporated by Royal Charter, 1804
£3,000,000 £8,500,000 Paid-Up Capital
.......£3,000,00€ H.E. Currency Reserve $10,000,000 Reserve Fund....
Reserve Liability of Pro- Reserve Liability of
prietors.....
£3,000,00€ Proprietors
HEAD OFFICE: LONDON:
38, Bishopsgata E.O.... Sub-Agencies In Lendon: 117/122, Leadenhall Street, E.C.3 West End Branch:
Head Office:-HONG KONG
Chairman,
Deputy Chairman
J. K. Bousfeld, Esq., A. H. Compton, Esq., L. J. Davies, Esq.,
Hon. Mr. S. H. Dodwell,
Miskin, Esq.,
Hoa. Mr. T. E. Pearce,
Hon. Mr. A. I... Shieldw Sir Vandeleur M. Grayburn,
14/18, Cockapur Street, 8.W 1 Manchester Branch:
se, Morley Street, Manchester, 2
AGENCIES AND BRANCHES ·
HONG TÙNG FAN ILOILO
IPON
I
ALOR STAR AMRITAR
BANGKOK
BANGOO
$
BAIGON
BATAVIA
BEREMBAN
KARAOBI
BOMBAY
SHANGHAI
KLANO
QALGUSTA
AGENCIES:
CLAVE STRAIT · KUALA
BINGAPOR
508%
SITIAWAN
Aviation Corp.
27
| Pennsylvania R.R.
Baldwin Lecometive
14
Phillips Petroleum
418
- Chief Manager. Farm PLACE
Branches:
JOURABAYA
LUMPUR
Baltimore & Ohio
4
Pullman Inc......................
25
981/982
961/961
off
Barnsdall Of
91
Fure Ou.......
91
Amoy
Jebere Rangoon
September
977/971
987 1988
i of
Bendix Aviation
35
Radio Corpn. of Am,
Bangkok Koba
Saigon
Friday's sales:-18,329,00 bushels.
Bethlehem Steel
711
Reading Company,
Com
Batavia
Kowloon
San
151
Bombay
Kuala
Francisco
Bliss & Co.
15
Remington Arms Co., Inc.
41*
L Calcutta
Lumpur
Shanghai
Boeing Airplane Cò.
14
Republic Aviation Corp.
33
Canton
London
728/728
72/72
September
731/732
731/731
Up unch.
Borg-Warner
16
Republic Steel
184
Chetoo
Lyons
Singapore Sourabaya
Briggs Mfg.
193
Reynald Tobac. "B"
29
Colombo
Malacca
Sungei
NEW YORK HIDES
June
Budd M'facturing Corp.
4
Schenley Distillers-
91
Dairen
Manila
14.53/53
September
14.69/70
J
14.75 N 14.94/94.
22 up.
Canadian Pacific R'way
34
Shell Union Oil
10
Foochon
Muar
טני 25
Celanese...
21* .
Socony-Vacunum Ol
Haiphong
Raakov
Chesapeake & Ohio
37+
Southern Pacific
121
Marbin
Chrysler Corpn.
58+
Southern Aly $5 pfd. ........
·251
7.94 N
Closed
Columbia, Gas & Elec.
Iloilo . Peiping
(Johors) Tientsin Mukden Tokyo New York Tsingtao
Yokohama
27
Spicer Manufacturing Co.
291
Ipch
Penang
Commercial Credit Co.
24
Standard Brands
53
.Com, & Southern (Ord.)
Stand Gas & Elec.
i
Consolidated Edison
182
Standard On of N.J.
381
2.505/518
2,53b/550
2.50b/51s 2.53b54a
'unch.
Consolidated Cl
B..
Studebaker Com,
51
unch.
Copperweid Steel
144
Swift International
181
Ourtiss Wright (C.)
81
Technicolor
72*
'Douglas Aircraft
68
Texas Corpn.,
381
quoted on application.
Du Pont de Nemours
141
Trans-America Co:
41
July
|
1/4
MARKM
.... Volume of business done: 137 Jots.
NEW YORK COPPER FUTURES
July
.82b/.82ja
84b/.8+a
02 up
Eagle Picher Lead
8
20th Cent. Fox,
53*
various sizes to let.
Elec, Autolite
271
Union Bag & Paper Corp.
11
Fec Bond & Share
211
Union Pacific,
811
TRUSTEE and. EXECUTOR business undertaken.
Quiet
STERLING
NEW YORK COTTONSEED OIL
July
NEW YORK LARD
No business was reported. There
were sellers at 1/3 up to July. September
buyers at 1/3.1/32 for any delivery NEW YORK BLACK PEPPER
U. 9. DOLLARS
A small business was done at
September.....
The First Notice Day for September black pepper is Aug. 28 and 24.7/16 for near delivery. The mar-last trading day is September 23.
ket closed at 1 pm. with sellers at] 24.7/16. buyers at 241/2 for any delivery.
SHANGHAI DOLLARS
N.Y. Official Silver N.Y.-London Cross Rate
Opened with sellers at 456, buy- LONDON STOCK HONG KONG STOCK
ers at 458.1/2. Subsequently bust: ness was done at 456.1/2. 456.1/4. 456 and 455.1/4. The market closed at lunch time with sellers
at 454.1/2, buyers at 455.1/4.
SHANGHAI MARKET Sterling opened with sellers at 3.9/32 and closed steadier at 1.19
EXCHANGE
(REUTER'S SERVICE).
London, May 9 The following quotations are the middle prices at the close of the market in London. All quotations
64 for Spot. U.S. Dollars opened are subject to confirmation and no with sellers at 5.11/32 and closed responsibility is assumed for errore
steadler with sellers at 5.3/8 for Spot:
n transmission.
EXCHANGE
BUYERS
Bank of East Asia, $70.59. H.K. Fire Ins., X.D., $176. Indo-Chinas (Pref.), $80. Providents, $4.85.
Hotels, $2,85. Lands, $30.85.
Realtles, $2.70,"
Macao Electrics, $18.50, Ropes, $8.10 Entertainments, $6.25.
! SELLERS
£
AFTERNOON MARKET
War Loan. 34% (Red
'after 1962)
103/
Quiet
Defence Loan, 3%.......
1012
Providents, $5..
STERLING
at 1/3 up to July, buyers at 1/3-Chinese 6% Gold Bonds. 1/32 for any delivery.
Canton Kloon Rly. 5% The market closed with sellers Chinese 41% Gold Loan 1898 (Brit. Issue .....
9
Regities. $2.90. Trams, $18.
30
U. 8. DOLLARS
Opened this afternoon
1925/47........
Chin Anglo-French
with
Loan, 1908
38
40
11.55b/830 11.56b/83a
10.47150 10.60b/62a
9.75/77 9:87b
7.54b/58a 1.57b/58a
unch.
Elec. Bend & Share $5 pt.
57*
United Aircraft J.
39
Elec. Bond & Share 56 pl.
B21
United Airlines Trans
91
Elec. Power & Light $7 pf.
934*
.13 up
United Corpo
11/16
Thitrate
127
United Corpn. $3 cum pt. 211
Gen. Electric
29
United Gas Improvement" 67
Hongkong. 26th February, 1941.
HONGKONG SAVINGS
BANK
Patani Swatow
CANTON
CAWNFORE CENU
COLOMBO DALEI
HAIPHONG
MADRAS
MANILA
KEDAN
TONGKAN
(Bhuket)
THI NOTAL
NEW TURL - YOKOHAMA PRIPING
(Peking)
FOREIGN EXCHANGE and General Banking Business transacted.
CUREANT ACCOUNTS opened and FIXED DEPOSITA received for Dor Year or shorter periods in Losal of Other Currencies at rates which will be quoted an application.
Savings Accounts also opened in Local Currency and Sterling with CURRENT ACCOUNTS opened interest allowed at rates obtainable jin Local Currency and FIXED DE-on application.
POSITS received for ona 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.
British Income Tax overpaid, on
SAFE DEPOSIT BOXES of terms which may be ascerta'ned at
any of the Agencies and Branches.
W. H. EVANS THOMAS,
Vanager.
... MOLNTD
TAIPING..
KUCHING
TIENTSIM
HAMBURG HANKOW
.12 up
Gen Motors
40
U.8. Rubber
23+
BANK OF EAST ASIA, LIMITED
Gen. Railway Signal
13
U.9. Steel
544
The Business of the above Bank
03-up
Gen. Tire & Rubber Goodrich (BF.)
Goodyear Tire & Co..
34-3/4 uniquoted 4.03-1/4" 4.03-1/4
Great Northern Iron Ore
Great Northern Rly, píd.
Great Western Sugar.................
Int Nickel
Inter. Paper & Power
Int. Tel & Tel Johnsman
1940/41 High Low Dow Jones Áverages 10 111.84-30 Industrials
Rails 32.67 22.15 20 26.45 17.31 20 Utilities 92.18 83.06 40 68.03 49.74 1Į
48
12
13
58 1 2 2
284
20
per cent.
Electrics Rts, $12.23.
SALES
HK. Banks, $1305.
Lands, $30.75,
Macao Electrics $19.
Commodity Index
SPINAL MENINGITIS, RECONSTRUCTION
OUTBREAK" IN
KWEILIN
OF HUPEH ENSHIH, May 12 (Central)-The. KWEILIN, May Iz (Central-Hupeh Provincial Government is An outbreak spinal meningitis organising a committee to draw up is reported Kwellin. Victims comprehensive plans to build up a have been sent to isolation pos- new Hupeh. It will be known as pitals while the health authorities the Hopeli Reconstruction Planning are taking every measure to pre-Committee. General Chen Cheng,"
Chairman of the Hupeh Provincial vent the spread of disease.
The bubonic plague in Buikal, Government, will be concurrently Luichow" Feninsula, is spreading, chairman of the committee
Japanese Scrap Iron according to reports. Twenty more
For Farm Implements
KWEILIN, May 12 (Central) Rehabilitation of south Kwangsi is" proceeding apace.
"In addition w a loan of $300,000 from the fqur Government banks, namely, the Central Bank, the Bank of China, the Baux of Com- munications and the Farmers' Bank, the Kwangsi Provificial Gov- ernment has appropriated $100,000 in aid of farming
The Kwangai Reile! Commission has collected 50,000 cattles of scrap
inhabitants have died of the di- sease. Alarmed, many people are moving to the countryside to live in temporary matsbeds.
ALARMING SPREAD
reached an alarming stage. More than 40.nerson have so far fallen victim to the disease.
The authorities in Soth districts The spread of the plague in have started a cleaning-up move- Macheunz, near Sulkal, has also ment to rid the places of mice.
& SHANGHAI BANKING COR-Authorised Capital: PORATION. Rules may be obtain-Paid-Up Capital
For the HONGKONG & SHANGHAI Pronte ....
BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager.
Hong Kong, 25th Feb., 1839.
THE CHASE BANK
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
2,093,281,50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central
Board of Director.
HON. SIA SHOVBON CHow, Chairman
Li Koon Chan, Esq.
P. K. Kwok, Esq.
Wong Im Tong, Esq. Chan Ching Shok, Esq.
Wong Chu Jon, Esq. Fang Fing Wah Esq.
KAN TONG Po, Esq., Chief Manager HON. MR. LI Tix Foxa, Manager
18, PINE STREET.
NEW YORK. An American Bank offering .com-
plete Foreign Barking Service amay: in the principal Markets of the Bear world.
Interest Rates on Application,
Branches and Agencies:
Penang singapore Loudon Hangoon Beutskaya Marika
Bairon Suretom
Kalbourne
Bashar
Calcutta Halphons Hankow
Nagasaka
New York
Pelping
Kol
Sea Fran- Bydsay
diaco Lienta
Seattle
Bexarang
Shanghai
Vancouv
Every description of Banking and Exchange business transacted. Loans BANK, granted on approved securities.
SAFE DEPOSIT BOXES
This Bank is entirely owned by
NATIONAL THE CHASE NEW YORK, with Resources of over U.S.$3,800,000,000.
21
D. L. BALLANTYNE,
Current Accounts opened in Local Currency and Fixed Deposite re ceived for one year or shorter Manager, periods in Local and Foreign Cur
rencies
on terms which will be quoted on application.
SAFE CEPOSIT Boxes To 'LET.
WANT-ADS
RRE
Cheap!
INDO-CHINA
STEAM
NAVIGATION
from lett by the Japanese to make Operating Services for Cargo and Passengers
nominal
20-3/4
sellers at 451.1/2 with business Chinese 5% Crisp Loan.
dobe at
451.3/4. The market
1912
closed, with sellers at 452.1/4, buy-inese 5% Reorg. Loan. ers at 452.3/4.
SHANGHAI MARKET Opened this afternoon with set ers of Stering at 3.5/16 and closed steadler at 3.21/84. US Dollars closed with sellers at 5.23/32 for Spot.
Shanghai Exchange*
Shanghal, May 12 (Reuter).
Official T.T. Bates
Opening
0/3-1/8"
London
New York
Јарал .....
India Paris Hongkong
5-3/16 22
17-1/4
1913 Ldn. Is.) Chinese 8% Ster. Notes.
1925 (Vickers)
Chin Imperial Rly. 5%
Lonn Henan Rly, 5% Hukuang Rly 5%. 1911..
(LP. N/Y Issue) Hukuang Rly. 5%, 1911
.German Issue) Lung Teing & U Hal
Ely. 5% 1913.......
'd'hal-N'King Rly. 5%
14
Sterling
Rellera
Препар
Spot
0/3-9/32
May June
0/3-9/32
0/3-9/32
| Tientsin-Púkow Rly. 5%
(Brit. Stpd.) fientsin-Pukow Rly. 5%-
German Stpd.)"......... 10 Tientsm-Pukow Rly, 5%
Brit. Stpd. Supl. Loan) 10 Tientsin-Pukow Rly. 5%
(Ger. Stpd. Supl Loan) 10 Jap. 6% Ster. Loan, 1924 191-22 Ger. 7% Intl Loan, 1924 5 Closing Chartered Bank 0/3-19/84 HK. & Sha! Bank (Ldn. 0/3-19/04 0/3-19/64
10
81..
US Dollars
Reg., H.K. & Shai Bank (Col.
Beg)
751
Great Western Riy. 334 National Bank of India 301 B.-A. Tob (bearer)
87/6
Spot
$5-11/32
$5-3/8
Chinese Eng. & Mining
(bearer)
Dunlop Rubber
34/-
12/8
Bristol Aeroplane
80/1
May
5-11/32
5-3/8
Chosen Corporation
41-
June....
5-11/32 5-3/8
Imperial Chemical Ind. 30/6
Mercantile Bank of In-
United Steel
22/3
Market: Qulet but steady.
dla. £5, "G" ".
11
Woolworths
47/0...
Silver Duty Rate.
Pekin Syndicate
1/-
Marzman. Investments
6/3
The Central Bank of China's B'hal ec. Constr. Co..... rate on London at 10 am, today Bhat Waterworks “A” 'was 1/2-1/24
The Equalisation rate was 241 Gula Kalumpang Rubber 13/-
16-
Western Holdings
10/6..
15
Bub-Nigel
142/B
Union Insurance
Lon, Mid, & Bcot., Rly. 129.
22
Shell Tran & Trad
1 bearer)
40/73
•-DIE
farm implementa About 3,300 spades, hoes and other implements for farming have been completed and sent to the different villages in south Kwangs!
TO-
SWATOW, SHANGHAI, TSINGTAU, CHEPOO
and TIENTSIN
KOBE and OSAKA ·
SINGAPORE, PENANG And CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt. Terminal in the French Concession at Shanghai, where passengers and cargo are Janded.
For further particolare
please apply to-
,KAN TONG PO,
Chief Manager.
BANK OF CHINA
!!
Specially Chartered by
THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
COMPANY LTD PAID-UP CAPITAL $40,000,000.00
JARDINE MATHESON&Co.,Lrı
TELEPHONE SOJIL 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
SHIUCHOW
KONGMOON TOISHAN KINGOHOW
We also handle the issue of Bonds and other Public Funds of the Chinese Government both at Home and Abroad,
SHOU JOHEN,
Manager.
101"
Vanadium
241
is conducted by the EONGKONG
121
Vultee Aircraft
51*
1:ཀ་
Walworth Co.
ed on application.
$10,000,000.00 5,398,600.00
Reserve and Undivided
14
Warner Bros. Pict.
31
27
Westinghouse Elec.
23
Woodward Iron Cor.
25%
Chase National Bank
141
National City Bank
21*
Libby. Moneill & Libby
59
DOW JONES AVERAGE
Li'Lan Sang, Eng.
-May 11, 1941. May. 9, High Low Close 116.46.
117.89 116.53 117.54 29.01 29.33 29.04·29,31
Change
1.08 up
.30 uF
17.31
17.41 17.35 1741
10 up
Bonds
91.93
-68.43
92.05 .12 up 68.11 .08 up Business Done:-380,000 shares
1.