NEW YORK, May 13, 1941.
On demand
445
New York Cotton. July New York Rubber, July Chicago Wheat, July Chicago Corn, July New York Hides. June
NEW YORK COTTON
High" Low
12.85 24,60
12,53 34.25 957 943 73 721 14.80 14.67 14,70b 14.83b 13 up
Prev. Today's
Close Close
12.30 12:85 24.60 24.55 938 95 711 721
Change
.55 up 05 off 14 up up
STOCKS
Adams Express
Close
Closing
Change
Alleghany Steel "Co.
Allis Chalmers
On Singapore:—
May
12.29 N
12.80/80
.61 up
Amer. Can
On demand
59 3/4
July
12.30/30
12.85/85
.55 up
American Cyanamid By..
On Japan:-
October
12.46:46
12.96/96
.05 up
Amer. & Foreign Power,
On demand
102 1/2
12.51/52
13.03/05
51 up
Amer& Foreign $7 pf.
On India:-
January
12.49 N
12.97/97
48 up
Amer. Locomotive
Telegraphic
Transfer.
and demand
*89, 5/8
March
Spot-
12.51/52 12.54
13,08/08
,57 up
Amer. Metals. Co."
13.28
.72 up
Amer. Radiator
On New York:--
Amer. Rolling Mill
Amer. Sting and Ring Co. 39
Amer. Sugar Redning
On Batavia-
Amer. Tel. Tel
3
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
MAY 14.-1941, ..
On London:-
Telegraphic Transfer. / TAS Bank Bills, on demand 1/8 7/8 Credits 4 months' sight
On Shanghai:—
NEW YORK COMMODITY MARKET: (REUTER'S SERVICE).
December
Bank Bills, on demand 24 1/8 Credian, 60 days' sight 24 7/8
Total sales Monday:-178,800 bales.
The last trading day for May cotton is May 16. NEW YORK RUBBER
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
MAY 14. 1941.
STOCKS
Kennecott Copper
Loew's Inc.
THURSDAY, MAY 15. 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital....... 380,000,000
INDIA, AUSTRALIA
"AND CHINA
Reserve Funda: Sterling
Issued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, 1888
56,500,000 Paid-Up Capital
.....£3,000,000 6.K. Currency Reserve $10,000,000 Reserve Fund
£3,000,000 Reserve, Liability of
Reserve "Liability of Pro-
prietors..... $90,000,000
.......£3,000,008 HEAD OFFICE: LONDON.
||
Chairman.
Deputy Chairman,
38, Bishopsgate E.C.2. Sub-Agencies in London 117/12, Leadenhall Street, E.C.a West End Branch;
14/18. Cockspur Street, S.WI Manchester Branch: 62, Moaley Street, Manchester, 1
AGENCIES AND BRANCHES:
ALOR BTAH AMRITSAR
HONG KONG PENANG ILOILO
Last Sale
Last Sale
May 13
May 13
Proprietors
.51
341
•
211
Libbey-Owens-Ford
Class
Head Office:-HONG KONG
314
26
Lockheed aircraft
2:23
801
291
36
Martin, Glen L
29
t
| Montgomery Ward
32
18
National Aviation
Board of Directors: Hon. Mr. J. J. Paterson,
W. H. Lock, Esq.,
7
124
Nat, Dairy Products
13
17
National Distillers
181
61.
Nat, Power & Light
6
131
National Supply Corp.
J. K. Bousfeld, Esq., 1. H. Compton, Esq., LJ. Davies, Esq.,
57
Hon. Mr. S. H. Dodwell,
New York Central
13
G. Miskin, Esq.,..
15*
Niagara Hudson Power
BANOKOI
24
K. S. Morrison. Exq
On demand
43 1/4
I
On Paris:
Bank Bills, on demand Nom. Credits 4 months' sight Nomy
May July
(New contract) September (
}
December
(
}
24.80/80
24.05/05
23.75/75-
23.40 N
24.55/55 24,00b/05a 23.70/70 23.35 N
.05 off
Amer. Tobacco “B”
149. 65
N. American Aviation
13+
Hon. Mr. T. E. Pearce,
SOMBAY
North American Co
.05 off
Amer. Waterworks
44
Northern Paritc
7
Hon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,
{BATAVIA -
KLANO
DALOUTTA
AGENCIES:
.05 off
Anaconds Copper
252*
Packard Motors
.05 off
Atchison, T. & 8. Fe
29
Paramount Pictures
Chief Manager. FAJALE PLACE
OLIVK. STREET
KOBN
KUALA
RANGOON
IPOK
"BAIGON
KARACHI
BREMBAN
SHANGHAL
BINGAPOR
SITIAWAN
SOUBAMATA
114
יי
On Saigon:-
On demand
............................. 104 1/2
Ou Manlia:-
4
Op demand
... 48 1/4
On Bangkok:
July
September..
Bank Buying Rate ..... Ear Silver per os. ................
Now.
93716
CHICAGO CORN
July .......... September ..
NEW YORK HIDES
June
September radh
NEW YORK COCOA
September ....
On demand 149 1/2
On Sterling Notes:-
Total sales for the day:-730 tons.
The last trading day for May rubber is May 27. CHICAGO WHEAT
Aviation Corp.
3
Pennsylvania R.R
Baldwin Lecometive
14
Phillips Petroleum
Baltimore & Ohio
4
Pullman Inc....
Amoy
Bangkok
Barnsdall Of
93
Pure O...
Branches: Jobore Rangoon Kobe
Saigon
Batavia
Kowloon San
... 93/932
94/941
951/951 96/961
1 up
Bendix Aviation.
341
Radio Corpn. of Am. ......
32
Bombay
Kuala
Francisco
17 up
Bethlehem Steel
68)
Rending Company,
Com
151
Calcutta"
Monday's sales:-18,126,000 bushels.
Bliss Co.
15
Remington Arms Co., Inc.
43*
Canton
Boeing Airplane Co.
134
Republic Aviation Corp. ...
31
Chetoo
Lyons
Borg-Warner
171
Republic "Steel
Colombo
173
Malacca Sungei
72/713 724/728
727/724 2731/738
7 up
Briggs Mfg.
194
Reynold Tobac. "B"
Dairen
Manila
29
up
Budd M'facturing Corp.
41
Schenley Distillers
Foochow
Mdar
91
Haiphong
(Jobore) Tientsio
Canadian Pacific R'way
33
Shell Union O
141
Aankow.
Mukden
Tukyo
14,70b..
14.81/82
14.83b/90a 15.006/048
Delanese.....
214
Socony-Vacunum Oil
92
13 up
Harbin
.19 up
Chesapeake & Oblo
.381
Southern Pacife,
Iloilo
Chrysler Corpn.
581
Southern Rly $5 pid,
247
Ipoh
Total sales for the day:-153 lots.
Columbia Gas & Elec.
24
Spleer Manufacturing Co
301
Commercial Credit Co.
221
Standard Brands
5+
7.81/89
743 N
.02 of
Com, & Southem (Ord.)
Stand' Gas & Elec,
Consolidated Edison
184
Standard On of NJ.
367
Consolidated Onl
61
Studebaker Com
41
Copperweld Steel
141*
| Swift International
187
May "July
2,49b/50a 2.49b/50a 2.52b/53h 2.52b/538
unch. unch.
Curtiss Wright (C.)
81
Technicolor
*8.
Douglas Aircraft
69
Texas Corpn.
395.
Du Pont de Nemours
1417
Trans-America Co.
41
MARKET
"
Volume of business done?-59 lots... The last trading day for No. 3. Sugar is May 23.. NEW YORK SUGAR NO. 4
Eagle Picher Lead
3
20th Cant. Fox
51
Elec. Autolite
27
Union Bag & Paper Corp. 104
Elec Bond & Share
24
Union Pacifc
82
Elec. Band & Share $5 pt.
57*
United Airorait
July NEW YORK COPPER FUTURËS
July
.83b/.831a 85b/.85ła
€2 up
39)
Bec. Bond & Share $8 pf
€17.
| United Airlines Trans
10
11.75b/12:00a 11.80b/88a 05 up
Elec. Power & Light $7 pf. Flintkote
351
United Corpn
}
12
United Corp. $3 cum pf... 214
Lumpur Shanghai London Singapore Sourabaya
Patani- Swatow
New York Tsingtao Peiping Yokohama
Penang
KEDAN
NEW YORK
ΤΑΙΡΙΝΟ TIENTSIN TONGIA
(Bhuket)
TSINGTAG
YOKOHAMA
PIPING (Peking).
Fox GN EXCHANGE and General Banking Business transacted
CURRENT Accouris opened and FLIRD DEPONITA received for One Year or shorter periods in Loezi of Other Currencies at rates which will be quoted on 'application.
SAVINGA ACOUNTS siso opened ra Local Currency and Sterling with interest allowed at rates obtainable
CURRENT ACCOUNTS opened on application.
in Local Currency and FIXED DE- The Bank's Head Office in London POSITS received for one year or undertakes Executor and Trustee shorter periods in Local and Other business, and claims recovery of Currencies on terms which will be British Income Tax overpaid, on quoted on application.
SAFE DEPOSIT BOXES of various sizes to let
TRUSTEE and EXECUTOR business undertaken." Hongkong. 26th February, 1941.
HONGKONG SAVINGS
BANK
terms which may be ascertained at any of the Agencies and Branches.
W. H. EVANS THOMAS,
Manager.
LUMFUR
CANTON
DAWNPORD
KUCHING
KADBAS
CU COLOMBO
DELHI
MANILA
HAIPHONG HANKOW
NEW YORK COTTONSEED OIL
July
Gen. Electric
29
United
Gas Improvement
7
BANK OF EAST ASIA LIMITED
The Business of the above Bank
Gen Motors
391
U.B. Rubber
32
10.43b/48a 10.73/73
.30 up
is conducted by the BONGKONG
Gen. Rallway Signal
127
&
Gen. Tire & Rubber
མཐཟབ
U.S. Steel
531
101
Vanadium
244
The
9.70b.
9.82/80
.10 up
Goodrich (B.F.)
124
Vultee Aircraft
5
ad on application.
Goodyear Tire & Co........
171
Walworth Co.
意
SHANGHAI BANKING COR- Authorised Capital....$10,000,000.00
PORATION. Rules may be obtain-Paid-Up Capital
For the HONGKONG & SHINGHAI
Great Northern Iron Ore ..
14
Warner Bros. Pict
32
BANKING CORPORATION.
7.48/46 7.38b/39a .10 off
Great Northern Rly, pid,
201
Westinghouse Elec.
89.
Great Western Sugar
231
Woodward Iron Cor.
201
V. M. GRAYBURN,
Chief Manager.
Reserve and Undivided
5,598,800.00
Profits
2,883,201.50
Head Office:-HONG KONG
247
Chase National Bank
291
Hong Kong, 25th Feb. 1839.
inter. Paper & Power
131
National City Bank
251
4,03-1/4
Int. Tel. & Tel Johnsman
21. 582
Libby, Monell! & Libby
THE CHASE BANK
No. 10 Des Voeux Road, Central
..
Board of Director.
HON. SIE SHOUSON CHOW, Chairman Li Koon Chun, Esq. Li Lan Sang, Esq. P. K. Kwok, Esq._ Wong Chu Bon Eq
Pang Play Wab Eq.
15; QUEEN'S ROAD, CENTRAL Wong Tun Tang, Esq.
Chan Ching Shok, Esq.
Market Report
FROM ROZA BROS.
Wednesday, May 14.
The price for Ready Silver drop- ed 1/16 yesterday to 23.7/16 but
the Forward rate was unchanged ap 23:1/2 Silver advices reported the market as being steady with very small business done. American
The last trading day for May cocoa is May 22.
Silver was quoted at 343/4 for NEW YORK SUGAR NO. 3 Spot.
►
The London/New York. Cross- rate was quoted at 402.1/2. New York/London was quoted at 403
· 1/4
Quiet
BAR STERLING
There were sellers at 1/3 up to July buyers at 1/31/32 for any delivery.
U.S. DOLLARS Some business was done during the course of the morning at 24. NEW YOEK LARD
7/18 for near and, forward. market closed with smal sellers at 24.7/16 for near, buyers at 34.1/2
and probably 247/16) tor Cash July,
September NEW YORK BLACK PEPPER
September
The First Notice Day for September black pepper is Aug. 26 and last trading day is September 23.
SHANGHAT DOLLARS Opened with sellers at 455.1/4" with business done at 456, 456.1/2. 457; 457.3/4. The market then reacted and business was again arranged at 456.1/2 and 456.1/4. The market closed with sellers at 456.1/2, buyers at 457.
SHANGHAI MARKET Sterling opened with sellers at 3.9/32. Subsequently the market cased off to 3.17/64. At the close there were sellers again at 3.9/32 for Spot. US. Dollars opened with sellers. at 5.11/32 and then receded tn 5.5/15. At the close there were sellers at 5.11/32 for Spot.
Shanghai Exchange
Shanghal, May 14 (Reuter).
Official T.T. Rates
London .
New York
Japan India Paris Hongkong
Sterling
Opening
... nominal
20-3/4.
Feller's
pening Closing 0/3-9/320/3-9/32
NY Official Silver N.Y.-London Cross Rate
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
London, May 13. 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 errors in transmission.
War Loan. 31%
after 1952) AND
34-3/4 34-3/4 4.03-1/4
H.K. Stock Exchange
Wednesday, May 14
BUYERS
HK. Banks, $1,305; Canton Ins., $210.
. HK, Fire Ins. X.D., $176.
Indo-Chinas (Fref.), $81, Providents, $4.90. Hotels, $2.85.
Macao Electrics, $19.15
Entertainments, $0.23.
Watsons. $9,25.
Int Nickel
1040/41
DOW JONES ‘AVERAGE
Eligh Low Dow Jones Averages 159.00 111.84 30 Industriala
32.67 22.16 20 Rails
96.45 17.31 20
Utilities
92.19 83.00 40
Bonda
88.11 48.74 ir Commodity Index
SILVER MARKET
LONDON SILVER
J
May 14, 1941. May, 19, High Low Close 117.14 117.93 118.88 117.21
28.88 28.07 28.71 28.73: 17.46 - 17.56 17.30 17.38
Change
HEAD OFFICE:
91.90 07.49
"91.83 68.34
.07 up .15 off .08 off .18 off "85 up
18, PINE STREET.
NEW YORK. An American Bank offering com- plete Foreign Banking Bervice in the principal Markets of the world.
KAN TONG PO, Esq., Chief HON. MR. LI TER Foxa,
anager
Branches and Agencies:
Amoy
Penang
Batavia
Lotton
Mangoon
Sobey
Bombay
Manila
Balcon
Calcutta
Haiphong
Nagsaka
Interest Rates on Application,
Bankow
New York Beattie
Vascoute
Homolelu
Paru
Semarang
Kote
Priping
shangha
London May 13 (Reuter). Silver-"Spot" offered. Forward small business, Market steady. In the
was afternoon, the market. quiet, with very small business.
Spot, 23-7/16d.
Forward, 23-1/2d.
BOMBAY SILVER
Bombay, May 13 (Reuter) Market-Quiet. Offtake 125 bars.
Indian Mint Silver
£
Lańds, $31
(Red,
Defence Loan, 3%....
103-13/16
101 Canton-Kloori Rly. 6% 9
Realties, $2.70,
Ropes, $8.20.
0/3-1/8
Watsons, 59.
Chinese 41% Gold Loan
5-3/16 22 17-1/4
1898 (Brit. Issue)
39
Chinese 5% Gold Bonds,
1925/4!
SELLERS
38
Trams, "$16.16.
Chin. 44% Anglo-Frencb
Cements, $15.
Loan, 1908
40
Chinese 5% Criap Loan.
Ropes, $6.50.
1912
201
SALES
Spot
Chinese 5% Reorg. Loan,
1913 (Lan. Is.)
28
Providents, $4.95.
Ready May 21 Settlement June 20 Settlement
62-11
62-11-
82-12
May Jutte
0/3-9/32 0/3-9/32 073-9/320/3-9/32
Chinese 8% Ster. Notes,
Realties, $2.70;
U.S. Dollar -
∙Kay
$5-11/32 $5-11/32 .5-11/32
5-11/32
5-11/32 5-11/32
1925 (Vickers) Chia. Imperial Riy. 5%.
Loan
a Honari Rly. 5%
*-9
Electrica (New), $21.25.
Electrics (Old), $11.25,
48
Macao Electrics, $19.
13
Huktang Rly. 5%, 1911.
(LP-N/Y Issue 1a.. Huktiang Rly! ·6%? 1011 German Issue) .... Lúng Thing & U Hai
Rly. 5% 1913
London May 13 (Reuter),
11
Bar Gold, Fine per or, 168/-
0
hai-N'King Hy. 5%... Tientsin-Pukow Rly: 5%
Brit. Stpd.) riental-Pukow Rly 5%"
(German 8tpd.) 10 "Tientsin-Pakow; Rły, 6%
14'
TO-
| Pekin Syndicate
10
1/- 18/-
15 22
June Market: Quiet but steady.
Silver Duty Rate
The Central Bank of Chlia's rate on London at 10 am, today was 1/2-1/2d:
The Equallation rate was 24-1/4 per cent.
Calcutta Exchange
Calcutta, May 13 (Reuter); 1.7% on Japan, 81-1/2--
E
LONDON-METALS EXCHANGE
London May 13" (Reuter). Tu. Standard. Cash, Middle Price. £270-3/8.
Brit, Stod, Bupl, Loân); 20 Ilenwip-Pukow Rly. 5%.
(Ger. Etpd, 8bpl Loan) 10 Jap. 8% 'Ster; Loan, 1824 · 213 Ger. 7% Intl Loan, 1924 5 Chartered Bank...
LONDON GOLD
hai Elec. Contr. Co. S'hai Waterworks “A” Union Insurance Gula Kalumpong. Rubber 15/- Lan., Mid, & Scot., Rly. 128 Great Western Rly....... 337 National Bank of India 30% B.-A. Tob. (bearer) 88/14° Dunlop Rubber ...........
34/6 Bristol Aeroplane..... 9/101 Imperial Chemies Ind 30/0 United Steel
23.
Tin, Standard. 3 months, Middle Price £287-7/8.
Ingcash against forward pur- Chosen Corporation chacha After hours 15 tons at Mercantile Bank of In unchanged prices!
Market irregular, undersoldi Ministryz cash price of £272 Chinese Eng Mining Business again routine, somno sell-
H.K. & Shal Bank -(Lána, "":
Reg.... HE & Shal Bank (Dol |
Peg)
72
22/42
761
Woolworthsom Maraman Investments ...
47/6
0/9
Western Holdings ...... 10/9
(bearer)i
12/8
Sub-Nigel
145/-
4/-
shell Tran
*Trad
(bearer)
40/73
dia, 25, "G"
*bid
A
Business Done:-430,000 shares
LONDON STOCK. EXCHANGE
was
LONDON, May 14 (Reuter)-The Stock Exchange yesterday generally firm with sentiment cheerful. Leading Industrials im- proved on country buying.
21'm
Kaffir dividend payers met tive Cape enquiry. Diamonds were also good. Ols were firm with Mexican Eagles and Anglo- Egyptians higher.
Gt-edged bonds and home rails were about unchanged.
...Among foreign bonds. Japanese and Chinese. Improved.
Wall Street was quiet.
SAFE DEPOSIT BOXES.
Kowloos
Melbourne älä Exam- Bydney
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,
WANT ADS are Seen!
INDO-CHINA
Current Accounts opened in Losad Currency and Fixed Deposite re- ceived for one year or shorter periods in Local and Foreign Ont rencies on terms which will be quoted on application,
SAFE LEPŠIT BOXES TO LET
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by
3
THE NATIONAL GOVERNMENT OF CHINA ÄS AN --INTERNATIONAL EXCHANGE
GARAN BANK
STEAM NAVIGATION COMPANY LTD. PAID-UP CAPITAL 240,000,000.00
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 at Shanghai, where passengers Bad cargo are landed.
For further particulars
please apply to
JARDINE MATHESON& Co.LT TELEPHONE 3O3IIO GENERAL MANAGERS
(BRANCHES ALL OVER CHINA) Owing to our numerous Branches in China and connections in the " principal Commercial Centras 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?
QUEEN'S ROAD, C. South China Offices....
CANTON SWATOW... 3. SHIUCHÓW
KONGMOON TOISHAN KINGCHOW
We also handle the issues of Bonds and other Public Funds of the. Chinese Government both at Home and Abroad.
SHOU JOHEN,
Manager.