Prev Today's ́·· High Low

Close Close Change 13.28 13.18 13.18 13.20 .03 up 23.22 22.72 23.08 22.70N 38 DN

971 981

973

* up 974 741 73} 731 737

STOCKS

up

Adama Express

On Shanghai:-

Olcse ***Closing

Alleghany Steel Co.

Allis Chalmers

"On demand

440

13.18/20

13.20/20

Amer. Can

On Singapore:——

October

*13.34/35

13,32/34..

.02 off

American Cyanand B.

On demand

52 3/4

December

13.38/39

13.40/41

.02 up.

Amer. & Foreign Power

On Japan!—

January

13.38 N

13.39 N

.01.up

Amer & Foreign 37 pf.

On demand

102 1/2

March

13.41/41

13.43/43

01 up

Amer. Locomotive

On India:-

May

Telegraphic

Transfer.

On New York:-

and demand ........

Bank Bills, on demand 24 1/8 Credits, 60 days' sight 24 7/8

On Batavia:-

On demand. 45 1/4

On Paris

Bank Bills, on demand Now. Credits 4 months' sight Nam.

On Saigon:-

On demand

82 5/9

Spot

13,40 N 13.60

13.42/42

.02 up

Amer. Metals Co. ...

13.61

01 up

Amer. Radiator

Total sales Friday:-237.300 bales

Amer. Rolling Mil

Amer. Sting and Ring Co.

NEW YORK RUBBER.

Amer, Sugar Refining

July

(New contract)

23.08/12

22.70, N

38 off

Amer. Tel, & Tel

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

MAY 24. 1941,

Dn London:----

Telegraphic

Transfer.1/9 7/8 Bank Bills, on demand 1/2 7/8 Crèdits 4 months' sight

NEW YORK COMMODITY MARKET

(REUTER'S SERVICE"

NES YORK, May 24, 1941..

New York Cotton, July New York Rubber, July Chicago Whest, July Chicago Corn, July New York Hides, June

NEW YORK COTTON

July

15.00 14.05 14.90N 15.00 .10 up

Change

קט 02.

NEW YORK STOCK EXCHANGE

QUOTATION

(REUTER'S SERVICE)

MAY 25, 1941.

STOCKS

MONDAY, MAY 26, 1941.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital................. 850,000,000

." -

INDIA, AUSTRALIA AND CHINA

Issued & Fully Paid-Up $20,000,000 Incorporated by Royal Charter, 1850

Reserve Funds:

Chairman,

Deputy Chairman.

... Miskin, Esq.,-** E. E. Morrison, Beq., Hon. Mr. T. E. Pearce,

HEAD OFFICE: LONDON: 38. Bishopsgate E.0.7. Sub-Agencies In London: 117/199. Leadenhall Street: E.C.

West End Branch: 14/18, Cockspur Street, B. W 1 Manchester Branch:

52. Mosley Street, Manchester,

AGENCIES AND BRANCHES

ALUR STAR AMEITBAR

BANGKOK

BATAVIA

BOMBAY

ION XUNG TENANG

Sterling .......

Last Sale

Last Sale

May 24

53

21

Kennecott Copper Libbey-Owens-Ford

May 24

357

£6,500,000 Paid-Up Capital H.E. Currency Reserve $10,000,000 Reserve Fund..... Reserve Liability of

Reserve Liability of Pro-

prietors Proprietor

.$20,000,000

Head Office:-HONG KONG

£3,000,000 £3,000,00

‚£3,000,000

Glass 30

26

Lockheed Aircraft

211

791

Loew's Inc.

281

Board of Directors; Hon. Mr. J. J. Paterson,

387"

Martin, Gien L

26

1

Montgomery Ward

337

W. H. Lock, Esq.,

17*

National Aviation

11

| Nat, Dairy Producta

13

J. K. Bousfeld, Esq.,

י

171*

National Distillers

192

6.+

Nat, Fower & Light

6

A. H. Compton, Esq., L. J. Davies, Esq.,

131

National Supply Corp.

Hon. Mr. S. H. Dodwell,

53*

ILOILO

RANGOO

40-

New York Central .........

121

IPOJ

BAIGON

143*

Niagara Hudson Power ...

2$

BLAKKBAN

KARACHI

1501

N. American Aviation

SHANGHAI..

12

'September (

}

.......

22.68/88

22.40/40

28 off

Amer. Tobacco "B"

63

North American Co.

127

December March

{

Y

22.20/20

21.95/95

25 off

Amer. Waterworks

4.

Northern Faride

61

Hoa. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,

ILANG"

DALOUTTA

SINGAPORE

AGENCIES:

КОВА

SITIAWAN

(

*

21.75 N

21.50/50

.25 off

Anaconda Copper

251

Packard Metors

Chief Manager. FAIRLIN PLACE

CLAVE STREET

KUALA

BOURABAYA

LUMPUX

On demand

On Manila!--

On demand

104 1/2

..... 48 1/4

July

"On Bangkok-

September

149 1/2

On Sterling Notes:-

Bank Buying Rate

Nom.

CHICAGO CORN

July

September

Total sales for the day:-1.200 tons.

The last trading day for May rubber 19 May 27.

CHICAGO WHEAT

Atchison, T. & S. Fe. Aviation Corp. (2) Baldwin Lecometive Baltimore & Opio Barnsdall ou

27

Paramount Pictures"

101

3

Pennsylvania R.R.

232

13

Phillips Petroleum

411

Amay

Branches: Johore

***** 3

Pullman Inc....

278

Bangkok Kobe

Rangoon Saigon

Batavia

Kowloon SAD

91

Pure Oll

91

97/978

973/977

up

Bombay

Kuala

Fraccisco

Bendix Aviation

3+4

Radio Corpn. of Am,

31

984/981-

991/99

tup

Calcutta Lumpor Shanghai

Bethlehem Steel

70

Reading Company, Com

-14:

Canton

London

Friday's sales:-18.598.000 bushels.

Eliss & Co.

.141"

Remington Arms Co., Inc.

44*

Chefoo

Lyons

Boeing Airplane Co.

131

Republic Aviation Corp.

31

Colombo

Malacca

Singapore Bourabaya Sungel

Bar Silver per o... 23 7/16

Marker Report

*FROM ROZA BROS...

Saturday: May 24. "Stiver prices were, not received this morning. American Silver

was quoted at 31.3/4 for Spot.

NEW YORK HIDES

Total sales for the day:-67 lots.

NEW YORK COCOA

September

The London-New York".cross- rate was quoted at 402-1/2. New York-London was quoted at 403-NEW YORK SUGAR NO. 3

1/2

Borg-Warner

104*

Republic Steel

18

Dairen

Manila

734731 743/742

731/731 751b

up

Briggs Mig.

19

Reynold Tobac. "B":

23

Foochow

Muar

Patani Swatow

up.

Budd M'facturing Corp.

37

Schenley Distillers

Haiphong

Canadian Pacific R'way

31

Shell Union Oil

Bankow

14#

Celanese

191

Socony-Vacunam 09

Harbin

9J

New York

Iloilo

June September

14,90 N 15.11/16

15,00/00 15,10/19

10 up'

Chesapeake & Ohio

351

Southern Pacific

Peiping

113

Ipoh

.08 up"

Chrysler Corpn.

581

Southern Rly $5 pid.

231

Columbia Gas & Elec.

24

Spicer Manufacturing Co 28*

Commercial Credit Co. Com, & Southern (Ord.)

223

Standard Brands

5t

5/16

Stand Gas & Elec.

7/16

7.52 N

Closea

Consolidated Edison

171

Standard Öll of NJ.

367

Consolidated Oil

Studebaker Com.

41

Copperweld Steel

13

Swift International

18

quoted on application.

July

MARKET

September

Dull.

2.43/44a 2.16b/472 Volume of business done:-20 lots.

NEW YORK SUGAR NO..4

July

2.43b/44a 2.460/47a

unch.

Curtiss Wright (0.)

17

K'echnicolor

SAFE DEPOSIT BOXES

unch.

Douglas Aircraft -

Texas Corp.

39

various sizes to let.

Du Pont de Nemours

1431

Trans-America Co.

4

Eagle Ficher Lead -

Elec. Autolite

... 831b/94a844b/.85a Volume of business done:-59 lots.

01 up

mec Bond & Share.

Hec. Band & Share $5 pf.

Elec Bond & Share $6 pt.

NEW YORK COPPER FUTURES

Elec. Power & Light $7-pf.

July .................... 11.75b/95a, 11.75b/94a NEW YORK COTTONSEED OIL

July

unch

Flintkote

Gen. Electric

Gen Motors

10.68b/75a 10.70/10

.02 up

Gen Railway Signal

Gen, Tire & Rubber

Goodrich (B.F.)

10.00b

10.07/07

,07 up

Goodyear Tire & Co.....

Great Northern Iron Ore

Great Northern Rly, pfd,

6.23/23 6.27b/30a

.04 up

Great Western Sugar

Int Nickel

Inter. Paper & Power

NY.-London Cross Rate

34-3/4

4.03-1/2

unquoted. 4.08-1/2

Int. Tel. & Tel. Johnsman

li

1040/41

High

Low Dow Jones Averages 120 111.84 30 Industrials"

32.67 22.15 20. Rails 28.45 18.90 20 Utilities

Bonds

London

New York.

Тарап

India

Paris

Hongkong

Sterling

N

STERLING

There were sellers at 1/3 up to August, buyers at 1/3.1/32. for any delivery..

U. S. DOLLARS

A small business was done dur- ing the early part of the morning at 24.7/16 for Cash. The market closed with small sellers at 24.7/18, buyers at 24.1/2 for any delivery.

SHANGHAI DOLLARS '

A small business was done at 452 for Cash. The market closed with sellers at 451.1/2 buyers probably at 452 for Cush.

SHANGHAI MARKET

There

NEW YORK LARD

September

NEW YORK BLACK PEPPER

September

were sellers of Sterling last for rear delivery at 35/16, and U.S. Dollars at 5.13/32 for Spot.

Stranghai Exchange

Shanghai, May 24 (Reuter).

Official TT Rate

Opening

Rollers

0/3-3/18 5-3/16

22

17-5/8

nominal -21-1/8

pening Closing 6/3-5/16 0/3-5/18 30/3-5/16 0/3-6/16 6/9-5/16 0/3-6/16

The First Notice Day for September black pepper is Aug. 20 and

trading day is September 23.

N.Y. Official Silver

LONDON STOCK

EXCHANGE

(REUTER'S SERVICE)

London, May 23.

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% (Red,

after 1952)

H.K. Stock Exchange

Saturday, May 24.

BUYERS

HK. Banks, $1,307. Bank of East “Asia, $71. HK. Fire Ins., $176. Indo-Chinas (Pref.), $80. Docks, $14.80.

Providents, $4.90. Hotels, $2.85.

Providents, $5.10. Ropes, $7.

92.10 83.08 40 69.76 48.74 11

TIN-PLATE SUPPLY CONTROL

SYDNEY, May 25 (Reuter) - Restrictions on

of "tin- the use plate, lo order to conserve sup- plies, were announced yesterday by the Minister of Supply, Senator P. A. McBride,

He said that Australia had ac- cepted large orders for canned goods for the A.LF overseas and other Empire forces.

HONGKONG

SHAREBROKERS". ASSOCIATION

Volume of Budness Transacted on Saturday, May 24, 1941.

· SALES

Cements HK, Docks

150 $13.50 ......... 100

14.80

250

The total value is $3,505.00

An order would be made requir-plate as containers for many pur- ing cannister makers to discon- poses without the authority of the tinue printing and cutting tin- Department of Sunply.

BANK OF EAST ASIA, LIMITED

& SHANGHAI BANKING COR- Authorised Capital...$10,000,000.00 PORATION. Rules may be obtain-

For the HONGKONG & SHANGHAI BANKING CORPORATION,

V. M. GRAYBURN,

Chief Manager. Hong Kong, esth. Feb., 1988.

Paid-Up Capital' ..... 5,506,800,00 Reserve and Undivided.

Profits...... ..2,983,231.50

Head Office:-HONG KONG No. 10. Des Voeux Road, Central

Board of Director.

HON. SIE SHOUSON CHOW, Chairman Li Koon Chun, Esq. P. K. Kwok, És

15; QUEEN'S ROAD, CENTRAL Wong Yun Tong, Esq.

HEAD OFFICE:

18, PINE STENT.

NEW YORK. An American Bank offering com-

Chan Ching Shel, Esq.

Li, Lan Sang, Esq.

Fang Ping Wah Esq.

EAN TONG Po, Esq., Chief Manager" HON. MR. LI Tas Foxo, Manager

plete Foreign Banking Service Amay in the principal Markets of the world.

Interest Rates on Application,

SAFE DEPOSIT BOXES

Branches and Agencies:

Kowloon PeaLag Singapore London. Hangoon Bourabaya

Swatow

Manila

Helbourne San Fran Sydney Nagaaks

Every description of Banking and

This Bank is entirely owned by Exchange business transacted. Loans TEL CHABR NATIONAL BANK, gructed on approved securities.

NEW YORK, with Resources of

over U.S.$3,800,000,000.

D. L. BALLANTYNE,

shorter

Current Accounts opened in Local Currency and Fixed Deposita rel ceived for one

or your Manager, periods in Local and Foreign Car- rencies од terms which will he quoted on application."

WANT-ADS Cheap!

INDO-CHINA

SAVE DEPOSIT Boxes To LE

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

£

Spol

May

103-9/16.

Lands, $31.

June

Defence Loan, 3%

1018

Realtles, $2.70.

Spot

US. Dollars

$5-13/32

| Janton-K'loon Rly, 5%

9

Trams, $15.80.

$5-13/32

Chinese 44% Gold Lan

Lights (New), $1,25.

May

5-13/32

5-13/32

1898 (Brit. Issue)

38

June......

5-13/32

5-13/32

Market Quiet

Chinese 5% Gold Bonds,

1925/47

Macao Electrica, $18,70. Cements, $13.30.

38

Ropes. $8.70.

Chin, 41% Anglo-French

Loan. 1908

37

SELLEES

Chinese 6% Crisp Loan.

1912

21

Chinese 5% Reorg, Lóan,

1913 (Ldn. 18)

29

SALES

Chinese 8% Ster. Notes..

1925 (Vickers)

HK. Banks, $1,3124.

7-9

Chin. Imperial. Rig. 5%

Electrice Rta, $11. Cements, $13.50.' *

Loan

48

Honan Rly. 5%

10

Hukuang Rly 5%, 1911...

(LP. N/Y Issue)

14

Chosen Corporation'

4/-

Hukuang Rly, 5%, 1911

Mercantile Bank of In-

German Issue)

13

4. £5, "0"

11.

TO

Lang Teing & U. Hat

Pezia. Syndicate......

1/-

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

Rly, 5% 1913

а

B'hal Mec. Constr. Co.

16/-

S'hai-N'King Rly. 5%

14

'na Waterworks “A” 15

Tientsin-Pukow ‚Bly, 5%

(Brit., 8tpd.)

Union Insurance

22

10

10

Gula Kalumpong Rubber 15/- LUB. Md, & Scot, Rly. 121 Great Western Rly...... 334 National Bank of India 31

88/11

the Roosevelt Terminal in the French Concassion, st

32/7+

Bristol Aeroplane

10/-

and cargo are landed.

Imperial Chemical Ind. 30/9, United Steel

22/9

For further particulars

81

Woolworths....

reads as follows:-"Board of Direc H.K. & Shal Bank (Col tors Declared first Interim Divi

Clarke & Son, Brisbane a cable in HK. & Shai Bank (Ldn.

and in translating same Reg. code

75

Marsman Investments Western Holdings ..........

6/3-

TH

11/-

June 27."

Beg) dend of Threepence Payable on Chinese Edg. & Mining

(bearer)

76

hell Tranà Trad {{bearer)

11/

+ div

· Biver Duty Rate

The Central Bank of China's rate on London at 10 am, today was 1/2-1/24.

The Equalisation rate was: 24 per.cent,

Calcut: Exchanze

Calcutta, May 24 (Reuter). T1, on Japan, 81-1/2

LONDON METALS

TAL

EXCHANGE

London, May 23 (Reuter).

Standard. Cash, Middle

Price, £286-1/8.

Tin, Standard. 3 months, Middle Price, 2266-3/8.

Market steady.

Tientsin Pukow Rly. 5% -. German 8tpd.) ................... rentain-Pukow Rly, 5%

(Brit. Stpd, Supl. Lóan), 10 Tientsin-Pukow Rly. 5%

(Ger, Stpd, Bupl, Loan) 10 Jap. 6% Bter, Loan, 1924-224-27

The Hongkong Stock Exchange Ger, 7% Intl. Loan, 1924 5

on Saturday received from Messrs. Chartered Bank

B.-A. Tob. (bearer)

Dunlop Rubber

ין

48/41

(Sub-Nigel ...does natasan 143/0

and TIENTSIN

KOBE and OSAKA

SINGAPORE, PENANG and CALCUTTA

SANDAKAN

HAIPHONG

All steamers berth alongside

Shanghai, where passengers

please apply to

__JARDINE MATHESON&Co.,Ltd.

497 TELEPHONE SOXII DİGENERALMANAGERS

(BRANCHES ALL OVER CHINA) Owing to our numerous Branches in China and connections in the principal Commercial Contres 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 BOAD, C. South China Offices.

CANTON

KONGMOON TOISHAN

BWATOW SHIUCHOW *** KINGCHOW

We also handle the issue of Bonda and other Public Funds "of the Chinese Government both at Hous and Abroad.

SHOU J. OHEN,

Manager.

73-

20th Cent. Fox

51

TRUSTEE and EXECUTOR business undertaken.

(Johore) Tientsin Mukden Tokyo

Tsingtao Yokohama

Penang

CURRENT ACCOUNTS opened

NEW YORK

(Bhuket) TRINGWAL

YOKOHAMA

PIPING (Peking)

FOREIGN EXCHANGE and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITs received for Ope Year or shorter periods in Looal of Other Currencies at rates which will he quoted on application

SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates obtainable 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

*

vk

terms which may be ascertained at any of the Agencies and Branchea

W. H. EVANS THOMAS,

Manager.

CANTON CAWNPORT

**C

COLOMBO DELEI

TAIPING

KUCHING

TIENTSIX

MADELE

TONGKA

MANILA

MEDAN

HAIPHONG HANKOW

26

Union Bag & Paper Corp. 101

2

Union Paciég

80

541

United Aircraft

391

59*

United Airlines Trans

97

33*

United Corpn

Hongkong, 26th February, 1941.

HONGKONG SAVINGS

BANK

121

United Corp. $3 cum pf.

214

29

United Gas Improvement

7

The Business of the above: Bank |

377

U.S. Rubber

211

is conducted by the BONGKONG

121

U.6. Steel

521

104*

Vanadium

25

ed on application.

121

Vultee Aircraft

51

163*

Walworth Co.

41

15

Warner Bros. Pict.

31

257

Westinghouse Elec

BS+

231*

Woodward Iron Cor.

201

344

Chase National Bank

284

137

National City Bank

241

21*

Libby. Monell & Libby

THE CHASE BANK

58

Wong Chu Bon, Esq.

DOW JONES AVERAGE

May 25, 1941.

May. 23, High Low Close

110.73

116.00 118.32 116.84

27.75

27,78 97.66 27.74

Change .09 aff .01 of

16.90

17:01 16.98 16.99

.09 up

21.15

9116

.01 up

Commodity Index

68.87

68.00

.03 dp

Business Done: 160,000 shares

Bateria

Bombay

Bairoa

Calcutta

Halphong Funkow Monolula

sco Totu

New York Seattle

Paris

Жене

Palping

Вете Shanghai

Share This Page