(REUTER'S SERVICE)
NEW YORK, May 21, 1941.
:
High Low 13.09.13.04 23,50 23.27 23.35 23,30 1001 991 991 1001
73} 741
731 744 15.38 15,20 15.14. 15.38b 22 up
Frev. Today's.
Close Close
12,98 13.06
Change
.08 up 05 off
STOCKS
up
up
Adams Express
Allegliany Steel Co.
Close Closing
Change
Allis Chalmers
Amer. Can
12.98/99
13.06/07
.08 up
American Cyanamid B.
13.11/12
13.20/20
".09 up
Amer. & Foreign Power...
13.19/19.
13.27/27
.08 up
Amer & Foreign $7, pt.
On India!
13.19/19
13.27
.08 up
Amer. Locomotive
Transier.
March
13.27/27
13.33/33
.06 up
Amer. Metals Co. ................
and demand
82 5/8
May
On New York:-
Spot
13.29/29 13.39
13.33 N
.04 up
Amer. Radiator
13.37
.02 off
"Amer. Rolling Mil
Amer. Sting and R'ing Co.
Amer. Sugar Refining
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS MAY 22, 1941.
On London:
Telegraphic Transfer. 1/2.7/ Bank Bills, on demand 1/2 7/8 Credits 4 months' sight
On Shanghai:--
On demand
On Singapore:-
On demand
On Japan:-
On demand
Telegraphic
4-13
5
'52 3/4
Bank Bills, on demand 24 1/9 Credits, 60 days' sight 24 7/8
NEW YORK COMMODITY MARKET
New York Cotton, July New York Rubber, July Chicago Wheat, July Chicago Com, July New York Hides, June
NEW YORK COTTON
July
October
December
January
Tetap sales Tuesday:-133,000 bales.
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
MAY 22, 1941
LAST Sale
401
STOCKS
FRIDAY, MAY 23, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital $60,000,000 ||
INDIA, AUSTRALIA AND CHINA
£3,000,000
£2,000,00
Issued & Fully Paid-Up 820,000,000 incorporated by Royal Charter, 1853
Reserve Funds: " Sterling
....................... £8,500,000 Paid-Up Capital. HE. Currency Reserve $10,000,000 Reserve Fund....... Reserve Liability of
Reserve Liability of Pro- Proprietors.
prietors... $20,000,000
£3,000,000 HEAD OFFICE: LONDON:
38, Bishopsgate E:C2. Sub-Areneles in London: 117/122, Leadenhall Street, E..
West End Branch:
14/18, Cockapur Street, S.W! Manchester Branch: 52, Mosley Street, Manchester, 1.
AGENCIES AND BRANCHES ALOR STAR HONG KONG PINANG ILDILO
'C
Last Sale
May 21
May 21
51
213
Kennecott Copper Libbey-Owens-Ford
361
Head Office:—HONG KONG
Olass
30+
271
Lockheed Aircraft
211
807
Loew's Inc.
25
"Board of Directors: Hon. Mr. J. J. Paterson,
37
Martin, Glen L.
263"
Montgomery Ward
334
W. H. Lock, Esq.,
181
National Aviation
72
• Chairman.
Deputy Chairman,
12
Nat, Dairy Producta
134
J. K. Bousfield, Esq.,
171
National Distillers
191
A. FI. Compton, Esq.,
G+
Nat, Power & Light
61
L. J. Davies, Esq.,
133
National Supply Corp.
Hon. Mr. 8. H. Dodwell,
AMK THAN
New York Central
KANGOON
12
G. Miskin, Esq.
151
Niagars Hudson Power
27
E. S. Morrisuu, Esq.,
BANGKOK BATAVIA
ПРОД
BAIGON
Da Batavia:---
NEW YORK RUBBER
Amer. Tel, & Tel
150
N. American Aviation
13
Hon. Mr. T. E. Pearce,
EA RACE!
BERIMBAR
On demand
45 1/4
On Paris:-
Bank Bills, on demand Nom. Credits 4 months' sight Nom.
July (New contract) September ( December { March
23.35/35
23,30/30
܂ ܕ
BOMBAY
SHANGHA
,05 of
Amer. Tobacco "B"
647
North American Co.
123
}
22.95/95
23,01/01
.06 up
*
Amer. Waterworks
41
Northern Pacific
6
Hon. Mr. A. L. Shields, Sic Vandeleur M. Grayburn,
CALCUTTA
'ILANO K001
AGENCIES:
SINGAPORE
SITIAWAN
22.55/57
22,60/60
קני 05.
Anaconda Copper
261
Packard Motors
21
(
}
22.15/15-
22.22 N
.07 up
Chief Manager. FATALIK PLACE
Clive Starr KUALA
Atchison, T. & 3. Fe.
271
Paramount Pictures
114
On Saigon:
On demand
104.1/2
On Manila:--
Total sales for the day---120 tons.
The last trading day for May rubber is May 27.
Aviation Corp.
21
Pennsylvania R.R.
23
Branches:
Baldwin Lecometive
Baltimore & Ohio
On demand
.48 14
CHICAGO WHEAT
Barnsdall ou
On Bangkok :---
On demand
149 1/2
Now.
July"
at
403
On Sterling Note:-
Bank Buying Rate
Bar Silver për of kulunun 23 1/2
Market Report
FROM ROZA BROS.
Thursday, May 22. Suver prices were unchanged | yesterday, the quotations remain. Ing at 23.1/2 for Ready and 23.7/16 for Forward. Sliver advices were not received. American Sliver was quoted at 34.3/4 to Spot.
The London/New York cross-
NEW YORK RIDES
June
Total sales for the day-262 lots.
NEW YORK COCOA
The last trading day for May cocoa is May 22. rate was quoted at 4021/2. New NEW YORK SUGAR NO. 3
York 'London was quoted
July September
991/99! 100/100
1001/1001
101]/101}
i up
Bendix Aviation
up
Bethlehem Steel
Bliss Co.
Tuesday's sales:-14.719.000 bushels.
W
Boeing Airplane Co.
CHICAGO CORN
Borg-Warner
734/731
Briggs "Mfg.
September
748/743
742/741 754/758
up
Budd M'facturing Corp.
up
Canadian Pacific R'way
Celanese
15.14/14
September
15.30/31
15.36b/40a .20 15,60/61
Chesapeake & Ohlo
.30 up
Chrysler Corpn.
Columbia Gris & Elec.
Commercial Credit Co.
Com, & Southern (Ord.)
September
7.78 N
7.80.79.
201 up
Consolidated Edison
Consolidated O
Copperweld Steel
Ourtiss Wright: (C))
174.
Dull
July September
2.456/460 2,44b/45a 2.49b/50a 2.47b/480
01 of ,02 off
Douglas Aircraft
Du Pont de Nemcurs
MARKET
STERLING
F
sellers
at
September
3 24.1/2 toz Cash.
NEW YORK BLACK PEPPER
September
N.Y. Official Silver NY.-London Cross Rate
There were sellers at 1/3 up to August, buyers at 1/3.1/32, for any delivery.
U. S. DOLLARS Some business was done duringi the course of the morning at 24.1/2
The for Cash and June closed at 1 p.m. with
market NEW YORK COTTONSEED OIL
July
24.7/16 for near and probausy 24. NEW YORK LARD 1/2 for August with small buyers
SHANGHAI DOLLARS Opened with sellers at 454 with business done later at 453.1/2 and 453.1/4. The market closed lunch time with sellers at 452.1/2. buyers at 453.1/4 for Spot
at
SHANGHAI MARKET Sterling opened with sellers at 3.19/64 and closed with sellers at
for
U.S. 3.8/18
Spot.
Dollars opened with sellers at 5.378, and closed with sellers at 6.13/32 for Spot
AFTERNOON MARKET
Qulet
STERLING
The market closed with sellers at 1/3 up to August, buyers at 1/3.1/32 for any delivery.
U. S. DOLLARS
A small business was reported at 24.1/2 for near delivery, The mar ket closed with sellers at 24.7/16 for near and 24,1/2 for forward, buyers probably at 24.1/2 for Cash and 24.9/18 for forward.
SHANGHAI DOLLARS- Closed with sellers at 452.1/4 buyers probably at 452.1/2.
SHANGHAI MARKET
Opened with sellers of Sterling as 3.21/64 and closed with sellers at 3.5/16 for "Spot. US Dollars were unchanged, The market closed with sellers at 5.13/32 for Spot."
Shanghai Exchange
́Shanghai, May 22 (Reuter).
Official TT Rates
The First Notice Day for September black pepper is Aug. 26 and last trading day is September 23.
market in London. All quotations HK. & Shai Bank (Col. are subject to confirmation and no
Pex?
responsibility is assumed for errors unese Eng. & Mining in transmission.
War Loan. 34% (Red.
after 1062)
Defence Loan, 3%...... Janton-K'loon Rly. 5% Chinese 41% Gold Luan
1898 (Brit. Issue- Chinese 5% Gold Bonds.
1925/4Y
Volume of business dote:--252 lots. The last trading day for, No. 3 Sugar is May 23.. NEW YORK SUGAR NO. 4
July.
Eagle Picher Lead
Elec. Autolite
Elec Bond & Share
Elec. Band & Share $5 pf.
831b84a 536.8342 .004 off
lec, Bond & Share $6 pt.
Elec. Power & Light $7 pf.
Volume of business done:-63 lots. NEW YORK COPPER FUTURES
July
.Flintkote
Gen. "Electric
11.75b/95a
11.75b195a
"unch.
Gen. Motors........
Gen. Railway Signal
Gen. Tire & Rubber
10.81b/82 10.88b90a
07 up
Goodrich (B.F.)
Goodyear Tire & Co.
10,15b
10.30b
15. up
Great Northern Iron Ore...
Great Northern Rly, pfd,
Great Western Sugar
7.07b/09a 7.25b/28a
.18 up
Int Nickel
Inter. Paper & Puwer int. Tel, & Tel.
Johnsman
34-3/4 34-3/4 4.03-14
4.03-1/4
LONDON STOCK EXCHANGE--
(RRUTER'S SERVICE)
London, May 21.
1940/41
High Low Dow Jones Averages 162.80 111.64.30 Industrials
32.87 22.15 20 Rails
26.45 17.22 20.
82.19 83.06 40 Bonds
The following quotations are the middle prices at the close of the
Chartered Bank. H.K. & S'hai Bank (Ldn
81
69.76 46,74 11 Commodity Index
Reg.1
76
(Dearer)
11/-
Chosen Corporation
4/-
Mercantile Bank of In-
103-1/4
dlay £5, "G"
101
Pekin Syndicate
11 1/-
9
6'hal Mec., Constr. Co.
18/-
S'hai Waterworks "A"
15
38
Union Insurance
22
Gula Kalumpong Rubber 15/-
38
Lon.. Mid, & Scot., Rly. 12
Chin, 41% Anglo-French
Great Western Rly... 339
Gold Coin and Bul-
lion in India.
3,546
4,441
Loan 1908- Chinese 5% Crisp Loan.
1912
37
National Bank of India 303
Securities (Indian
B-A, Tob, (bearer)
88/9
Government)
9,132
21
Chinese 5% Reorg, Loan.
1913 Ldn. Is.) Chinese 8% Ster. Notes.
1925 (Vickers}
Dunlop Rubber
32/9
Bristol Aeroplane
10/-
Securities (British
Government)
29
Imperial Chemical Ind. 31)-
United steel.......
22/104
7-9
Woolworths....
48/6
Chis. Imperial Rly. 5%
Loan
Marizuan Investments
6/3
48
Western Holdings
11/3
Honan Rly, 5%
10
Sub-Nigel
142/4
Hukuang Rly 5%, 1911...
shell, Tran
Trid.
- (LP. N/Y. Issue)
14
(bearer)
40/71
Opening
Hukuang Rly. 5%. 1911
German Issue
*bid
+-ex.div
13
0/3-3/16 5-3/18 22 17-5/8 nominal 21-1/8
Lang Tsing & U Rly. 5% 1913 ". Bhal-N'King Rly. 5%.... Tientsin-Pukow Rly. 5%
(Brit. Stpd.)
HAI
ધ
14
10
Sterting
Tientsin-Pukow Rly. 5%
Oerman 8tpd.)
10
Sellers
Closing
May
June
Spot May June
0/3-19/04 0/3-5/18 0/3-19/84 0/3-5/16 U.S. Dollars
$5-3/8 -$5-13/32 5-3/8 5-13/32 5-3/B
.5-13/32 Market: Quiet but steady.
Tien tain-Pukow Rly. 5%%%
Brit. 8tpd. Supl. Loan) 10 Tientsin-Pukow Rly. 5%
(Ger, Btpd. Supl. Loan) 10 Jap. 6% Ster. Loan. 1924 22-25 Ger, 7% Intl. Loan, 1924 5
London
New York
Japan
India
Paris Hongkong
Debing
Spot0/3-19/64 0/3-5/18
Anver Duty Rate
The Central Bank of China's rate on London at 10 am, today was 1/2-1/2d.
The Equalisation rate was 24-1/4
per cent
Calcuna Exchange
133
3
Calcutta, May 21 (Reuter). 1.1 on Japan,^81-1/2
India Rupee Paper
Bombay, May 21 (Reuter), Govt. 31% Rupee. 95-04-0.
"LONDON · METALS
EXCHANGE
London, May 21 (Reuter).
Standard. Cash, Middle
TIL. Price, £266-5/8...“
Tin, Standard. 3 months, Middle Price, 266-1/2.
Market quiet.
SILVER MARKET
BOMBAY SILVER Bombay, May 21 (Reuter). Market Steady. Offcake 100 bars. Indian Mint Silver Ready June 20 Settlement
....... 62-05 July 18 Settlement. 82-08
62-06
LONDON GOLD
London, May 21 (Router), Bar Gold, Fine per o., 168/-
RESERVE BANK, OF | FRENCH INDUSTRIAL INDIA STATEMENT
RESOURCES Calcutta, May 21 (Reuter), LONDON, May 22 (British Wire- May 9 May. 16 less)-Asked whether under the Vichy-Nazi agreement. French in- dustrial resources, were to be used. to make war on their former ally. the Foreign. Under-Secretary, Mr. R.A. Butler, stated there was по 3,553 doubt a number of industria; con- ceras in Unoccupied France were 4,441 working largely for German ac- count and producing goods of mill- 9,131 tary importance for Germany.
Mr. Butler added that agree- 11,379 11,379 ments had been concluded in in (Figures in Lakhs Rupees) dividual industries
Notes in circulation (including Notes held in the Bank- ing Department)... 28,500 20,508 Rupee Coin Bullion
in India
Saigon
Francisco HIEROND
Patani
Swatow
(Johore) Tientsin
Backow Mukden Tokyo
New York Tsingtao Peiping Yokohama Penang
CURRENT ACCOUNTS opened
in Local Currency and FIXED DE- POSITS received for one year or
HANKOW
NEW THE PRLYING
(Bbukes! TSINGTAL YOKUNANA
(Peking}
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT Accourers opened and FIXED DEPOSITS received for One Year shorter periods in Local or Other Currencies at rates whioll will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates obtainable on application.
The Bank's Head, Qice in London
shorter perioda in Local and Other undertakes Executor and Trustee business, and claims recovery of Currencies on terms which will be British Income Tax overpaid, on
SAFE DEPOSIT BOXES of terms which may be ascertained at any of the Agencies and Branches: various sizes to let.
TRUSTEE and EXECUTOR W. H. EVANS THOMAS,
Hongkong, 26th February, 1941.
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the BONGKONG & SHANGHAI, BANKING COR PORATION. Rules may be obtain ed on application.
For the HONGKONG & SHANGRAI BANKING CORPORATION...
V. M. GRAYBURN,
"Chief" Manager. Hong Kong, 26th Feb., 1830.
THE CHASE BANK
15, QUEEN'S ROAD, CENTRAL
.HEAD OFFICE:
An American Bank offering com- plete Foreign Banking Service
Junager.
BANK OF EAST ASIA. LIMITED
Authorised Capital. $10,000,000.00 Paid Up Capital 5,598,600.00
Reserve and Undivided
Profita
..2,993,201.50
Head Office:-HONG KONG No, 10 Des Voeux Road, Central
Board of Director. Hox. Sin SabcBox Cnow, Chairman Li Koon Chan, Esq. Li Lan Sang, Esq, P. K. Kwok, Eng. Wong Cha Son, Esq Wong Tan Tong, Esq. Fung Ping Wah Esq. Chan Ching Shel, Esq.
KAN TORG Po, Esq., Chief Manager HON. ME. L Tax FoNo, Manager
in the principal Markets of the Bears world.
Interest Rates on 'Application,
SAFE DEPOSIT BOXES
Branches and Agencies:
Saigon Awatow
Msibaarne Ban Fran- Sydney Nagasaka Now York Seattle
Fari
Pping
Shanghai
Vancouve
This Bank is entirely owned by Exchange business transacted. Loans Every deadription of Banking and CHASE NATIONAL BANK, granted on approved securities.
THE
NEW YORK, with Resources of Över U.S.$2,800,000,000.
D. L. BALLANTYNE,
Current Accouuts opened in Loss! Currency and Fixed Deposits, re- ceived for one year or shorter Manager, periods in Local and Foreign Cur ..rencies on terms which will be
quoted on application.
WANT-ADS ARE SURE!
INDO-CHINA
SAFE DEPOSIT Boxes To L
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
STEAM NAVIGATION COMPANY LTD PAID-UP CAPITAL $40,000,000.00
Operating Services for Cargo and Passengers
TO-
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminalia the French Concansion at Shanghai, where passengers and cargo are landed.
For further particulars
please apply to
JARDINE MATHESON&Co.,LTD. 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
KONGMOON 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.
133
Phillips Petroleum
42"
Amoy
32
Pullman Inc..
261
Bangkok
Johore Rangoon Kobe
CANTON CAWNPOZI CEBU ODLUMBO
SCURABAYA
LCHPUR
TAIPINO
FIESTAIN
ADBAB
TONGKAR
MANILA.
MEDAN
9ł
Pure Ol
97
Batavia
Kowloon San
DELIŲ!
.34
Radio Corpn. of Am.
33
Bombay
Kuala
71
Reading Company,
Com
14+*
Calcutta
Lumpur Shanghai
144
Remington Arms Co., Inc..
47
Canton
London
Singapore
13
Republic Aviation Corp.
Chefod
3+
Lyona
Sourabaya
*168
Republic Steel
Colombo
Malacca
Sungei
181
194
Reynold Tobac. ""B"
Dairen
Manila
29
Foochow
Muar
31
Schenley Distillers
91
Haiphong
31
Shell Union Ou
141
201
Socony-Vacunum Of
91
Bathin
351
Southern Pacific
11h
Iloilo
361
Southern Rły $5 pfd.
231
Ipoh
2)
Spleer Manufacturing Co. 294*
22+
Standard Brands
51
5/16
Stand Gas & Elec.
+
18
Standard Où ot· N.J.
378
61
Studebaker Com,
47.
14
Swift International
181
Technicolor
quoted on application.
84
67
Texas Corpn.
401
144
Trans-America Co.
4
8
20th Cent. FOX.
5*
business undertaken.
261
Union Bag & Paper Corp. 101
21
Union Pacific
81
554*
United Aircraft
38!
601
United Airlines Trans
101
334
United Corpn.
121
United Corpn. $3 cum pf.
214.
291
United Gas Improvement
63
33
US. Rubber
217
13
U.S. Steel
531
..
10
Vanadium
24
124
Vultee Aircraft
15*
162
Walworth Co.
4/
141
Warner Bros. Pict.
33
251
Westinghouse Elec.
881
241
Woodward Iron Cor.
261
24.
Chase National Bank
99%
138
National City Bank
2.5"
21
Libby. Monell & Libby
591
DOW JONES AVERAGE
May 22, 1941.
May, 20, High Low Close 117.65
Change
118.45 11734 117,82
.17 up
28:25
29.38 28.06 28.12
.13 oft
4.
18, PINE STREET.
NEW YORK.
Utilities
17.31
17.40 17.15 17.25
.06 off
91.37
•
91,46
.03 up
69.31
69.69
קגו 34,
Business Done-840,000 shares
Amy
Kowloos
London
Bombay
Masla
Galeatta Haiphong Baakon #unoiulu
Pazuma
Bingapore Bourzbay
class inte
Semarang