STOCKS
Last Sale
STOCKA
Last Sale
May 27
May 27
Adams Express
51
Southern Paclic...
111
Alleghany Steel Co.
21+
Southern Rly $5 pid.
234
Allis Chalmers
252
Spice Manufacturing Co. 29*
On demand
440
Amer. Can......
TA
Standard Brands
5+
in Singapore:-
American Cyanamid B
361
Standard Gas & Elec.
7/18*
On demand
52 3/4
Amer. & Foreign Power
+
Standard Qu of NJ.
37
Japan
Amer & Foreign $7 på.
17*
Studebaker Com
소울....
On demand
108 1/2
Amer, Locomotive Co.
111
Swift International
181
In India:~
Amer. Metals
17
Technicolor
81
Telegraphic
Amer. Radiator"
· s}
Texas Corpo.
394
and demand
Amer. Rolling Mil
131
Trans-America Co.
42
. New York:-
Amer. S'ting and R'ing Co.
391
20th Cent, Fox Film, Com,
5
Amer. Sugar Refining.
15*
Union Bag & Paper Corp.
104
Amer. Tel, Tel
150
Union Pacifie
791
Jn Batavia 2
Transter. Iss 5/8
Bank Bills, on demand 24 1/5 Credlis, 60 days' sight 24 7/6
Miny
Spot
NEW YORK RUBBER.
Amer. Tobacco "B"
62
United Alcraft
39-4
On demand
....45 1/4
Amer. Waterworks
4+
United Airlines Trans
99
On Paris:-
Ariaconda Copper
20
United CorDR
.9/16
Atchison, T. & S. Fe.
271
United Corpn. $3 cum pf: 201
Bank Bils, on demand Nom. Credits 4 months' sight Nom.
Aviation Corp.
31
United Gas Improvement, za
July (New contract) September ( > December ( > March
On Saigon:-
Baldwin Locomotive Co.
131
.S. Rubber
21
On demand
Baltimore & Ohio
30+
U.S. Steel
53+
Ja Manila
Barnsdall of
91
Vanadium
234
On demand
48 1/4
Bendix Aviation
33
Vultee Aircraft
'n Bangkok:-
Bethlehem Steel
70
Walworth Co.
On demand
19 1/2
Blias & Co., EW. (com.)
14)
Warner Bros. Pict
In Sterling Notes:----
July
September
Boeing Airplane Co.
134
Westinghouse Elec,
Bank Buying Rate
Borg-Warner
183
Woodward Iron Cor.
Briggs Mig. Co.
191
Chase National Bank
Budd M'facturing Corp.
4
Canadian Pacific
31
Libby. McNell
Celanese Corp.
102
Alaska Juneau
Chesapeake & Ohio
35
National City. Bank
American L'motive. $7 pf. 82
Bar Silver per on
Shanghai Exchange
Shanghai, May 28 (Reuter).
Official T.T Rates
Now 23 3/5
July
September
Chrysler
55%
Atlantic Gulf and W Pf.
Opening
NEW YORK HIDES
June
Columbia Gas & Elec.
21
Atlantic Redning
London
0/3-1/4
Commercial Credit Co.
September
2211
Atlas Corp...
New York
5-1/4
Com, & Southern (Ord.)
5/18
Barber Asphalt. Corp.
India
18
Consolidated Edison Ch.
171
Bath Iron Works
211
Japan
22-1/4
Consolidated Ou
Callahan Zinc & Lead
}
Parts
nominal
Copperweld Steel
138
Case (J.)
531
NEW YORK COCOA
September
Hongkong
21-5/8
Ourtise Wright (C)
81.
Climax Molybdenum Co.
35
Douglas Aircraft
664
Commercial Solvents,
91
Sterling
Du Pont de Nemours
Sellers
142
Continental Can
32
Eagle Picher Lead
Continental Ou
21#
Elec. Autolite Co,
251
Corn Products Refining
48+
Spot
Elec Bond & Share ...............
2
Corn Products 7% Pid.
-170*
May
Elec. Band & Share $5 p.
541*
Coty Inc.
4
June
openme Closing 0/3-11/32 0/3-11/32 0/3-11/32 0/9-11732- 0/3-11/32 0/3-11/32
NEW YORK SUGAR NO. 3
July.... September
Volume of business
NEW YORK SUGAR NO. 4
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
NEW YORK STOCK EXCHANGE
QUOTATION«
(REUTER'S SERVICE)
MAY 28, 1941.
MONEY AND EXCHANGE
| CLOSING QUOTATIONS
MAY 28, 1947.
Ju- London:
Telegraphic Transfer. 1/8 7/5 Bank Bills, on demand 1/2 7/8 Creditą 4 month☛ sight On Shanghai:-
New York Cotton, July New York Rubber, July Chicago Wheat, July Chicago Com, July New York Hides, June
NEW YORK COTTON
13.1 03 of
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE)
NEW YORK. May 27, 1941.
4
Prev. Today's High Low Close Close Change 13.18 13.10 13.22 32.60 22.50 22.55 982 952 37 741 74 74 15.08 14.85 14.96
22.52b .03 0
Close 13.22/22 13.17/18
Closing
981 } om 741
of 15.08
12 up
Change
.05 off
Board of Directora: Hon. Mr. J. J. Paterson,
October
13.37/37
13.32/32
.05. off
December
13.45/45
13.40/41
.05 of
W. H. Lock, Esq.,
January
13.43/43
13.39 N
.04 off
March
13.43/43
13.40/40
.03 off
J. K. Bousfeld, Esq.,
13.43/43
13.03
13.38/38.4 13.58
.05 off
A. H Campton, Esq.,
THURSDAY, MAY 29, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
лейтена
+
Authorised Capital... 850,000,000
INDIA. AUSTRALIA AND CHINA
Issued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, 1880
Reserva Funda: Sterling
£ 6,800,000 Paid-Up Capital H.K. Currancy Reserve $10,000,000 Reserve Fund
| Reserve Liability of
Proprietors
£3,000,000 £3,000,00
..$20,000,000
Reserve Liability of Pro
prietors
Bead Office:-HONG KONG.
Chairman.
HEAD OFFICE; LONDON.
39, Bishopsgate B.C..
Sub-Agencies In Lendon
117/12 Leadenhall Street, ECX West End Branch; 14/18, Cockspur Street, S.W: Manchester Branch: Deputy Chairman. sz. Mosley Street, Manchester,"
AGENCIES AND BRANCHES.
,05 off
L. J. Davies, Eng
ALOR STAR SONG LONG
PENANG
Hoa. Mr. S. H. Dodwell,
Total sales Monday:-111,000 bales.
AMBITBAR
TOI
"BANGOON
2
G. Miskin, Esq.,
Topal sales for the day:---1,960 tons.
The last trading day for May "rubber is May 27.
CHICAGO WHEAT
Branches:
Amo
CEBU COLOUSO
Hangkok Batavia
Kobe
DELS!
Kowicon San
HAIPHONG
962/961
081/981
off
Bombay Calcutta
Kusis
Francisc.
Lumpur Shangbai
THANKOW...
Canton
London
Singapore
Chefoo
Lyons
Sourabaya
Colombo
Malacca
Sungei
Dairen
Mauila
Patani
742/744
747/741
Fovehow
Muar
Swato
76/76
753/76
Haiphour (Johore) Tiantaiu
Raukow
Mukden Tokyo
Harbin
14.98/96
15.18/18
15.08/08 15.17/20
12 up .01 off
follo Ipoh
Peiping
K. 8. Morrison, Esq. Hon. Mr. T. E. Pearce, Hon. Mr. A. L. Shield, Sir Vandeleur M. Grayburn,
Chief Manager.
Jabore Rangoon
Saigon
BATAVIA
BOMBAY
DALOUITA
BANGIOL
IPOR
"AGINCIES: FA PLACE CLIFF STREET
CANTUN
KARACHI
FLANG
KOBE
KUALA
LUMPUR KUCHING
SAIGON
BERTHBAN SGANGBA
SINGAPORK
BITIAWAN
HOUBABLYA
TAIPING
CAWNPORE
TIENTIIM
MADRAS
TON GEAR
MANILA
(Bhuket)
New York Tsingtao
Yokobama
l'evang
MIDAN XIW YORK
KOZOSAMA PRIPING (Peking)
Fouio EXCHANGE Bud Ostern) Banking Husiness transacted.
CURRENT Accouis opened and FIXED DEPOSIT received for Ons Year or shorter periods in Local or Other Currencies at rates which will be quoted no application.
SAVINGS ACCOUNTS' also oflraad in Local Currency and Sterling with interest allowed at rates chitäisabļa "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 Truates shorter periods in Local and Other business, and claims recovery of Curreneies on terms which will be British Income Tax overpaid, on quoted on application.;
terme which may be ascertained at SAFE DEPOSIT BOXES "of any of the Agencies and Branches. various sizes to let.
W. H. EVANS THOMAS,
Manager.
TS INCITA
22.55/58
22.25 N.
21.70/80
.)
"
31.40/45
22.52b/60a
.03 off 22.22b/24a 03 oft 21.69/69 .01 of 21.25 N .15 off
971/97 081/98+
Monday's sales:-12,735,000 bushels
CHICAGO CORN
Total sales for the day:-117 lots
7.43/48
7.61 N
.13 up
2.43b/448 2,45b/48a 2.47b/48a 2.48/498 done:-139 lots.
02 up
.01 up
TRUSTEE
and EXECUTOR
Elec. Bond & Share $4 pf.
58}
Coty Int.
U.S. Dollar
July
.814b/.82ja ..824b/.83
01 up
Elcc. Fower & Light $7 pf.
32)
Curtis Wright Corp ""A"
261
Spot
$5-7/16
$5-7/16
#
Fiintrate
123
Deere Co.
21
May
5-7/18
Gen. Electric
284
Distillers Corp. (Seagrams)
13
June
5-7/16
5-7/18-- 5-7/16
NEW YORK COPPER FUTURES
July
11.70b/85a 11.70b/95a
unch.
Gen. Motors
371
Eaton Mfg. Co.
30
Market:--Uncertain,
Gen. Railway Signal
131
Gen. American Trnpts,
371
Ailver Duty Rate
NEW YORK. COTTONSEED OTL
July
Gen. Tire & Rubber ........ ........". 101
Glidden Co.
141
10.58b/59a 10.59/59
.01 up
Goodrich (BF)
12;
Goodrich Co. Pf. (100)
121
The Central Bank of Chica's rate on London at..10 a.m. today
NEW YORK LARD
Goodyear Tire & Rubber...
161
Greyhound Corp.
101
was 1/2-1/2d.
September
9.97b
Great Northern Iron Ore
..15
Int. Harvester -
474
The Equalisation rate was M│
Great Northern Rly, pid.
254
Mack Trucks Inc.
251
per cent
Great Western. Sugar
231
Nat. Gypsum .....
NEW YORK BLACK PEPPER
September....
6.07b/14
9.97 N
6.15b/200 .08 up
unch,
Inter. Nickel
242
Nat. Lead Co.
141
In er. Paper & Power
141
Pacific Gas & Elect.
241
Calcon Exchanze
Int. Tel. & Tel. (Fon, La.)
Par Acan Airways.
11
Calcutta, May 27 (Reuter).
Johnsmanville
58
P'burgh Coke & Iron
53
T.7. on Japan, 81-1/2
Kennecott Copper
361
Public Service of NJ.
22
34-3/4 4.03-1/2
34 3/4 4,03-3/4
Libbey-Owens-Ford
Glass 291
Sears, Roebuck & Co.
68
Lickneed Aircraft
221
Southern Fly
12
Lew's Inc.
282
Sperry Corp.
334
Martin, Glen L, Co.
263.
Standard Gas & Elect.
171
Montgomery Ward
331
Standard Oil of Calif.
21%
National Aviation
71
Stone & Webster
52
Nat Dairy Products
121
Texas Gulf Sulphur
341
National Distillers ....
192
Tidewater Assed. Oli
10
Nat, Power & Light
Twin City Rapids
18
National Supply Corp.
52
Union Carbide ......
67+
New York Central
124
United Gas (common)
9/16*
Niagara Hudson Power ...
24
US. Ind. Alcohoj
24
N. American Aviation.....
131
U.S. Realty
North American Co. (New)
137
U.S. Rubber
90
Northern Pacific
61
US Smelting
614
Packard Motora Paramount Pictures
21
JI
Y'atown Sheet & Tube
33
....... 107
Timken Detroit Axle Co.
30
Pennsylvania R.R.
234
Assed. Gas & Elec. 5% Pf.
1**
Phillips Petroleum
419
Auburn Central Mfg. Co.
31
Pullman Inc.uggories
271
Bellanca Aircraft
3+..
Pure Ofl
93
Cluet Peabody
331
Radio Corpa, of Am
31
'Great Lakes Dreged
144
Reading Company,
Com 14
McKesson & Robbins
281"
Price, 264-5/8
Remington Arms Co., Inc.
43*
Mountain City Copper
24
Republic Aviation Corp.
34
Piper Aircraft
Republic Steel
181
Ryan Aeronautical, Co, .....
3*.
Reynold Tobac, "B"
281
Thompson Products
ZB
Tientsin-Puköw Rly. 6%
Schenley Distillers
91
United Power "A"
5/18*
Shell Union 04
141
Royal Bank of Canada
151
Bocony-Vacunum Oil
91
DOW JONES AVERAGE
1940/41
May 28, 1941.
High Low Dow Jones Averages May. 26, High Low Close
Change
(Brit. Stpd. Supl." Loan) 10 Tentain-Pukow Rig. 5% (Ger. Stpd. Bupl, Loan) Jap. 6% Ster. Loan, 1924 214 Ger, 7% Int Loan, 1924 5 |Chartered Bank
10
81
16.80 111.54 30
Industriala
115.73
118.21 116.33 116,95
Raile
Utilities
Bonds
Commodity Index 83.97
32.67 22.15 20 28.45 16.85'20 92,19 83.06 40 89.78 48.74 11
LONDON STOCK EXCHANGE
27.54. 16.85 01.09
27.68 27.51 27.05.
.*z up .11 up
HK, & Shai Bank (Idn.
Reg.)
76
16.89 18.75 10.89
03 at B.K., & Bhai Bank (Col
ל.
91.06 66.97
.03 off .07 up
Reg) Chiese Eng, & Mining
78
Business Done:-390,000 shares
(bearer)
11/
Chosen Corporation
4/-
Operating Services for Cargo nad Passengers
Mercantile Bank of In-
dia, £6, "G"
TO-
107
(REUTER'S SERVICE) London, May 27. 1912 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 Chin. Imperial Rly, 5%
Pekin Syndicate
1/-
21-
S'hai Elec. Constr. Co.
187-
Chinese 5% Rearg, Loan,
1913 (Lan, Is,)... Chinese 8% Ster, Notes,
1925 (VickersN)
8'and Waterworks "A"
15
30
Union Insurance
**
7-9
Gula Kalumpang Rubber 15/- Lon., Mid, & Scot., Rly. 121 Great Western Ely, ... 332
in transnasion.
Loan
National Bank of Indila 31
Honan Rly, 5%
10
B.-A., Tob, (bearer)
83/1+
*
War Loan. 34% (Red,
Bukuang Rly 5%, 1911..
Dunlop Rubber
32/74
after 1952)
1032
LP. N/Y Issue)
Bristol Aeroplane
10/-
Defence Loan, 3%....... Janton-Kloon Rly. 5" Chinese 41% Gold Loan
1898 (Brit. Jesse) igri Chinese 5% Gold Bonda
101
Hukuang Rly. 5%, 1911
Imperial Chemical Ind. 30/9
9
.Getman Issue)
13
United Steel
22/101
Lang Tsing & U. Hal
Woolworths '.
48/3
38
Rly 5% 1913
9
Maraman Investments
.0/3
S'hal-N'King RI. 5%
14
Western Holdings ... 11/8
1925/4Y
38
| Tientsin-Pukow Rly. 5%%
Sub-Nigel
142/6
Chin. 4 Anglo-French
(Brit. Stpd.) ......
10
Khell TIANL: * Trad.
Loan 1908
37
Tientsin-Pukow Riy, 5%
(bearer)
40/71
Chinesa 5% Crisp Loan.
(German study g
10
*--bia
SILVER MARKET
LONDON SILVER
London, May 27 (Reuter). Silver:-Minimum trade require- ments supplied from production quarters. Market steady. In the afternoon, the market was steady with no business
Spot, 23-3/84.
Forward, 23-3/8d.
LONDON METALS
EXCHANGE
London, May 27 (Reuter),
Tim Standard, Cash, Middle Price, £262-5/8
Tin Standard. 3 months. Middle
Market easter
Market Report
FROM ROZA BROS.
Wednesday May 28.
SHANGHAI DOLLARS Sliver prices were unchanged Opened with sellers at 447.1/2. yesterday, the quotations remain- Some business was done early in ing at 23.3/8 for both Ready and the morning at 447.1/2 and also
The Forward, Silver advices" reported 443 and 448.1/4.
market the market as being steady with closed with sellers at 448.3/4, buy- no business. Américan Sliver was ers at 449.1/4 for Cash. quoted at 34.3/4 for Spot.
The London/New York cross- rate was quoted at 402.1/2. York/London was quoted at 1/2
Quiet.
MARKET
STERLING
SHANGHAI MARKET Sterling, opened with sellers New 3.11/32 and later the rate rose to 403. 3.23/64. At the close there were sellers at 3.11/32 for Spot. U.8. Dollars opened with sellers at 5.7/15. Subsequently the rate rose to 5.15/32 and towards the close to the market eased off with sellers ·
There were sellers at 1/3 up August, buyers at 1/3.1/32 forjat 5.7/16 for Spot. Cash,
U. S. DOLLARS
A small business was reported early in the morning at 24.1/2 for; near delivery. Subsequently bust- ness was also arranged at 24.7/16)
LONDON GOLD
London. May 27 (Reuter Bar Gold. Fine per o., 165/-
An American Bank offering.com-
Салав
over U.S.$3,500,000,000.
Every description of Banking, an›Ì
This Bank is entirely owned by Exchange business transacted. Loans
THE
NATIONAL BANK, granted on approved securitie NEW. Your, with Resources of Current Accounts opened in Loca
Currey and Fixed Deposita, 're- ceived for one
shorter Manager, paricds in Local and Foreign Cur rencia on terms which will he quoted on application.
WANT-ADS ARE SURE!
INDO-CHINA
year or
SATE DEPOSIT Bʊxa To LET.
KAN TONG PO,
Chief Hanager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
STEAM NAVIGATION COMPANY LID PAID-UP CAPITAL $40,000,000.0
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 Concassion, at Shanghai, where passengers and cargo are landed.
For further particulara
please apply to
JARDINE MATHESON&Co.,LTD. TELEPHONE⚫303II — GENERAL MANAGERSI
(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 Ofcs:-SHANGHAI Hong Kong Branch:
4 QUEEN'S ROAD, C. South China Oficer.
CANTON
SWATOW
SHIUCHOW
KONGMOON TOISHAN KINGCHOW We also handle the issue of Bonds and other Public Funds of, the Chinese Government hoth at Home and Abroad,
SHOU J. CHEN,
Itanager.
for Cash. The market closed shade easier" with sellers at 24.3/8. buyers at 247/16 for Cash.
A
The First Notice Day for September black pepper la Aug. 26 and Last trading day is September 23.
NY. Omictal Silver N.Y.-London Cross Rate
Hongkong 26th February, 1941.
HONGKONG SAVINGS
BANK
The Business of the above Bank
is conducted by the BONGKONG |**
BANK OF EAST ASIA. LIMITED
& SHANGHAI BANKING COR Authorised Capital.....10,000,000.00 PORATION. Rules may be obtain Paid-Up Capital ......... 5,588,600.00
Reserve and Undivided ed on application.
For the Hoxakong & ShaNGHAI
BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 26th Feb., 1832,
THE CHASE BANK
Profite
.2,963,261.50
Head Office:-HONG KONG * No. 10 Des Voeux Road, Central
Board of Director,
HON.SIR SHOUSON CHow, Chairman
Li Koon Chan, Eat P. K. Kwok. Enq
15, QUEEN'S ROAD, CENTRAL Weg Yun Tong, Esq.
Chan Ching Shok, Esq.
Li Lan Sang, Ex
Wang Chu Bon, Eng
Fong Fing Was Eng.
KAN TONG Po, Esq., Chief Masäger HON. MR. LX TSE FONG, Manager
Branches and Agencies:
Malbourne
Japanska
Singapore
Kangoon Kontaðaya Saigon Bwałow
Bad Fran. "Sydney
business undertaken.
HEAD OFFICE:
18, PINE STRELIT.
- NEW YORK.
plete Foreign Banking Service | Amoy in the principal Markets of the Bombay world.
Kowloon Prosz
Ay Balavik
Looden
Manila
Interest Rates on Application, Hankow
Dalons Batphons
Honolul Bot
New York Beattle
Pariz
Polping
Semaz Shanghai
SAFE DEPOSIT BOXES
at
D. L. BALLANTYNE.