MONDAY, JUNE 2, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital. 850,000,000
INDIA, AUSTRALIA
AND CHINA
NEW YORK
TSINGTA YOKOHAMA PIPING (Peking)
Prev. Today's High Low Close Close
13.07 12.99 13.08. 13.05
94
923
73
72+
Close
14.51 closed
Closing
13.23/23
13:33/33
13.28/28
13.29 N
13.25 N
13 29/30%
13.27/27
13.24/24 13.53
13.23/23 13.55
Total sales Thursday:--88,000 bales,
י.
22.12b 31.80/50 21.25/30
CLOSED
20.80/80
July
September
48 1/4
149,1,2
CHICAGO CORN
July
September.
......933/937 95/95*
944/943 96/961
PACE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
MAY 31, 1941,...
On London:
Telegraphic Transfer. 1/2.7/ Bank Bilis, on demand 1/2 7/ Credits 4 months' sight
440
"On demand 52 3/4
On Shanghai:-
On demand
On Singapore:-
On Japan:-
"
On demand
On India:-
Telegraphic
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE)
NEW YORK. May 31. 1941.
New York Catton. July New York Rubber, July Chicago Wheat, July Chicago Corn, July New York Hides. June
NEW YORK COTTON
July
October
December
January
102 1/2
March
May
Spot
NEW YORK RUBBER
,
July (New contract) September ( } December
Tranister.
and demand 82 0/9
On New York:-
Bank Bills, on demand 24 1/8 Credits, 60 days' sight 24 7/8
On Batavia-
On demand. 45 1/
On Paris:-
Bank Bills, on demand Nom. Credits 4 months' sight No.
On Saigon:-
On demand... 104-1/2
March
CHICAGO WHEAT"
13.08/08 13.05/05
.13.34/25
FOL
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
JUNE 1, 1911.
Last Sale
Change
.03 off
Sterling
STOCKS
STOCKS
Last Salu
22,125 closed 932 941
May 31
May 31
Up
Adams Express
Johnsmanville.
57
£6,500,000 Paid Up Capital E.K. Currency Reserve $10,000,000 Reserve Fund Reserve Liability of
Proprietors
Issued & Fully Paid-Up 820,000,000 Incorporated by Royal Charter, 1858
Reserve Funds':
-
£3,000,000.
£3,000,00
$90,000,000
Reserve Liability of Pro-
prietors.....
£3,000,006
1. up
Alleghany Steel Co.
21*
Kelmecott Copper
HEAD OFFICE; LÖNDON:
35-1
Allis Chalmers
25
Libbey-Owens-Ford Glass 28
Head Ofce:-HONG KONG
...
Change
Amer. Can.....
78+*
Lockheed Aircraft
23
American Cyanamid. B
358*
Loew's Inc. ........
03 off
Amer. & Foreign Power
Martin, Glen L. Co.
274
.01 off
Amer & Foreign $7 pf.
17%
Montgomery Ward
331
05 of
Amer, Locomotive Co.
12
National Aviation
Bourd of Directora: Hon. Mr. J. J. Paterson,
W. H. Lock, Esq.,
**
04 of
Amer. Metals
167*
Nat, Dairy Products
Chairman.
Deputy Chairman.
13
.02 of
Amer. Radiator
61
National Distillers
J. K. Bousfield, Esq.,"
198
01 off.
Amer. Rolling M
13}
Nat, Fower & Light.
A. H. Compton, Esq.,
51
L. J. Davies, Esq.,
.02 up
Amer. S'ting and Ring Co.
401
National Supply Corp.
57
Hob. Mr. S. B. Dodwell,
39, Bishopsgate E.C.2.
Sub-Agencles in London: 117122, Leadenhall Street, E.U.B West End Branch:
14/16, Cockapur Street, B. W 1 Manchester Branch:
32. Mosley Street, Manchester, L
AGENCIES AND BRANCHES -
HON TON FENANG
ALUR STAR
Amer. Sugar Refining
14.
New York Cential
12
G. Miskin, Esq...
Amer. Tel, & Tel"
1501
Niagara Hudson Power
AMITHAR
BANGKOK
27
E. S. Morrisac, Esq.,
Amer. Tobacco "B"
623
N. American Aviador
Amer. Waterworks
የቱ
North American Co. (New)
Anaconda Copper
261
Northern Pacific
Atchison, T. & 9, Fe,
261
Packard Motors
Aviation Corp.,
Hoo. Mr. T. E. Pearce,
Hon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,
BATAVIA
BOMBAY
Chief Manager. FAIRLIK PLACK
30
Paramount Pictures
102
Baldwin Locomotive Co.
13
Pennsylvania R.R.
244
Baltimore & Ohlu
Phillips Petroleum
418
Any
Branches: Johore
Barnsdall Ol
9*
Pullman Inc..
Bangkol Köbe
Bendix Aviation
346
Pure Oll
91
Batavia
Thursday's sales:-16,454,000 bushels.
Bethlehem Steel
691
Radio Corpn. of. Am.
34
Bombay
Lowla Kuala
2
Bliss & Co... EW. (com.)...
141
Reading Company,
Com
144
Boeing Airplane Co.
14)
Remington Arms Co., Inc.
Canton
23 7/16
.CROSS
Market Report
FROM ROZA BROS..
Saturday, May 31. Silver prices rose 1/18 yesterday for both deliveries, the quotations being 23.7/16 for both Ready and Forward, Silver advices reported the market as being steady with no business done, American market was closed yesterday,
The London-New York rate was quoted at 402.1/2,
NEW YORK HIDES
September
NEW YORK COCOA 4.
September
NEW YORK SUGAR NO. 3
July
September
NEW YORK SUGAR NO.
July
June
738/731 734/734 748/741 743/743
14.51 51 -14.86/65
CLOSED
מנוי!
Borg-Warner
161
Republic Aviation Corp.
Chefoo
31
Briggs Mfg. Co.
194*
Republic Steel
Colombo
Malacca
.181
Bidd M'facturing Corp.
41
Reynold.. Tobac, "F"
22
Dairen Foochow
M
Manila
Mcar
Francisco AIPHONG Calcutta Lumpur Shanghai HANKOW London Singapore
FOR Lyons Saurabaya
Sungei
Swatow
Rangoon Saigou San
CANTUN CAWNPOR CONTI COLOMBO
DELHI
ILOILO
RANDOON
IPOE
SAIGON
CALCUTTA
FARACHI KLANG
ARREMBAN
SHANGHAI
SINGAPOR
AGENCIES J CLAVE STEZET
BITLAWAN
KUALA
SOUEAMATA
LUMPUR
TAIPING
KUCHING
TLINTAIN
MADRAS
TONGKAR
MANILA
(Bhuket)
MIDAN
Pataci
Canadian Pacific......
3+
Schemtey Distillera
104
Celanese Corp.
198
Shell Union ou
141.
Chesapeake & Ohlo
35)..
Socony-Vacunùm Oll
84
Bankow Harbin
Mukden
Tokyo
Chrysler
550
Southern Pacie
11
Iloilo
Columbia Gas & Elec.
21
Scuthern Rly $5 pfd........
1poh
7.35 N
CLOSED
Commercial Credit Co. Com: & Southern (Ord.)
231
Spicer Manufacturing Co
301
Standard Branda
51
Consolidated Edison Co..
17
Standard Gas & Elec......
+
2.476/48a 2,50b/612
CLOSED
Consolidated Of
81
Standard Of of: N.J.
36+
Copperweld Steel
13**
Studebaker Com,
Curtiss Wright (C.)
8"
Swift International
181*
Distillers Corp. (Seagrama). 131
quoted on application.
Technicolor
8*
AB+b/.82a
CLOSED
Douglas Aircraft
-684
Texas Corpo.
39)
Du Pont de Nemours
143
SAFE DEPOSIT various sizes to let.
I
NEW YORK COPPER FUTURES
July
Trans-America Co.
44
Eagle Picher Lead
8*
11.80'b/94a CLOSED
20th Cent. Fox Film, Com.
51*
"TRUSTEE business undertaken.
and
Elec. Autolite Co,
251
Union Bag & Paper Corp.
102
NEW YORK COTTONSEED OIL
July
Elec" Bond & Share
2
Union Pacific
781
Elec. Bend & Share $5 pf.
541
United Aircraft
38+
10.38/38
CLOSED
Mec BondShare 36 pr. Elec. Power & Light 7 pf: rintkote ...
59
United Airlines Trans
9
314*
United Corpn
3*
2.08b
9.87/87
.0% up
United Corpn. $3 cum pf.
214
NEW YORK BLACK PEPPER
September...........................
Gen. Electric
28+
United
Gas Improvement
日
BANK OF EAST ASIA,
LIMITED
Gen Motors
367
US. Rubber
201
6.08b/13a
is conducted by the BONGKONG
CLOSED
Gen. Railway Signal
134*
U.S. Steel
53
Gen. Tire & Rubber
Vanadium
234*
Gandrich (B.F)
12
Vultee Aircraft
67
ed on application,
Goodyear Tire & Rubber
181*
N.Y. Official Süver N.Y.-London Cross Rate
Walworth Co.
41
34-3/4
4:03-3/4
unquoted 4,03-3/4
Great Northern Iron Ore ..
144*
Warner Bros. Piet.
31
BANKING CORPORATION.
Great Northern Rly, pfd
257*
Westinghouse Elec.
86
Great Western Sugar
23-1
Woodward Iron Cor.
280*
Inter. Nickel
Inter. Paper & Power
242
Chase National Bank
281*
Hong Kong, 25th Feb., 1830.
14
National City Bank
241*
Int. Tel. & Tel. (Fon, Is.) **
Libby, McNeil
THE CHASE BANK
DOW JONES AVERAGE
1940/41
June 1, 1941.
May. 29, High. Low Close
116.23
116.60 115.57 135.76
27.57
27:40 27.35 27.43
Utilities Bonds
16.95
16.32 16.86 18.90
97.12
Change .47 off .14 of 0% of 07. up
On Manila:-
On demand
On Bangkok-
On demand
On Sterling Noter:-
Bank Buying Rate. Nour.
Bar Silver per os......
Quiet.
MARKET
STERLING
There were sellers at 1/3 up to August, buyers at 1/3.1/32 for any delivery.
U. S, DOLLARS
NEW YORK LARD
No business was reported. There were sellers at 24.3/8 for near and last forward, buyers at 24,7/16 for Cash, SHANGHAI DOLLARS
Business was done during the course of the morning at 452, 452.- 1/2 The market closed with pos sible sellers at 453.1/4.. buyers at 452.3/4 for Spot.
SHANGHAI MARKET Opened" with sellers of Sterling' at 3.21/64 and closed with sellers at 3.5/16 for Spot. US Dollars opened with sellers at 5.13/32 and then receded to 5.3/8. At the close there were sellers at 5.13/32 for Spot.
Shanghai Exchange
Shanghal. May 31 (Reuter).
Official TT Rate
London
New York
India
Jepan
Paris
Hongkong
Sterling
Bellers
Opening Closing Spot.... 0/3-21/64 073-5/16 May
0/3-21/64 0/3-5/16 June ...... 0/3-21/04 -0/3-5/16
U.S. DollarA
Spot...
May
$5-13/32
5-13/32
September
The First Notice Day for September black pepper is Aug. 28 and
trading day is September 23.
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, May 30. 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
transmission.
War Loan, 3% (Red,
after 1952)
ཆ་
£
H.K. Stock Exchange
Saturday, May 31. BUYERS
HK. Banks, $1,310,
Bank of East Asia, $71. H.K. Fire Ins., $176.
HK. and K., Wharves. $88.
Docks, $14.70.
Providents, $5.
Telephones (Old), $22.25, Ropes, $7.
SALES
Electrics Rts., $11.
HONGKONG
SHAREBROKERS
ASSOCIATION
Volume of Business Transacted
High Low Dow Jones Averages 162.80 1L1.84 -30 Industrials
32,67 22.16 20
Rails
28.45 18.62 20 92,19 .83.06 40 69.76- 48.74 11 Commodity Index 07.93 ·
LONDON METALS
EXCHANGE
London, May 30 (Reuter).
T. Standard, Cash. Middle
Price, £263-1/4,
E
01.19
Business Done:-) 10,000 shares
WASTE RUBBER..
EXPORT
LONDON, June 1 (Reuter)
The disclosure that waste rubber
was being exported from Britain
Tin, Standard, 3 months. Middle to America was made at question Price, £284-7/8.
hours
SHANGHAI DOLLAR
SHANGHAI, June 1 (Router)
time in the House of Commons.
The Government spokesman de- clared it would be contrary to the public interest, to reveal de- talls of the British export trade. He gave all assurance that rubber
The Shanghai dollar's purchasing 'shipped to America is 2 surplus power reached a new low in May, to home manufacturers require- according to the latest statisments for reclaims.
tics issued yesterday by the
Shanghai Municipal Couneli,
Compared with 1938 the local At the same time the cost of HIV- dollar in May was only 12.45 cents" ing took another upward turn.
Haiphong (Johore) Tientsin
New York Tsingtao" Peiping Yokohama Penang
EXCHANGE and Gentra) Banking Business transacted.
CURRENT ACOUNTS opened and FIXED DEPOSITS received for One Year or shorter periods in Loos) 01/ Other Currencies at rates whiol will be quoted un application.
SAVINGS ACCOUNTS "also opened in Local Currency and Sterling with interest allowed at rates obtainshla
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
BOXES of
EXECUTOR
Hongkong. 26th February, 1941.
HONGKONG SAVINGS
BANK
The Business of the above Bank
terms which may be ascertained at any of the Agencies and Branches.
W. H. EVANS THOMAS,
Manager.
SHANGHAI BANKING COR-Authorised Capital.....$10,000,000.00 PORATION. Rules may be obtain- Paid-Up Capital... 5,598,800,00
For the HONGKONG & SHANORAL
-V. M. GRAŸKURN,
Chief Manager.
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, FINE STREET,
NEW YORK An American Bank offering com- plete Foreign Banking Service in the principal Markets of the world.
Interest Rates on Application,
SAFE DEPOSIT BOXES
This Bank is entirely owned by
Reserve and Undivided
Profita
1.2,983,261,50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central
Board of Directory HON. SIR SHODSON CHOW, Chairman
Xà Lan Bang, E Wong Cha Son
Li Koon Chan, Esq. P. K. Kwok, Esq.
Wong Tan Tong, Esq. Fang Ping Wah Esq. Chan Ching Bhak, oq,
KAN TONG Po, Esq.,, Chief Manager HON. MR. LI TE Fоro, Manager
Branches and Agencies:
Kowloos
Loudan
Manila
Penang Singapore Hasgaon Bourabaya Baigon Bustow
Sydzy
may Stars
Bombay
Calostte
Helphons
Bankow Honolafu
How York Seattle
Parik
Petring
..Shangr
Melbourne Bax fra Nagaska
ciao Tontu
VANCOATS
Semarang
Every description of Banking and Exchange business transacted. Loan THE CHEE 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
Hotels, $2.85.
Opening
0/3-1/4
Defence Loan, 3% Canton-Kloon Rly. 5% 9 Chinese 41% Gold Loan
103-11/16
1011
Lands, $31:
Realties, $2.70.
Trams, $15.90.
Lights (Old), $5.70.
5-1/4 12. 22-1/4
"1
1898 (Brit. Issue ...... Chinese 8% Gold Bonds,
1925/47
38
Lights (New), $1,20
38
Macao Electrics, $18.65. Ropes, $8.75.
Market steady. After "cash" was 10/- higher.
nominal 21-5/8
Chin. 41% Anglo-French
Loan 1908
SELLERS
374
Chinese 5% Crisp Loan.
Decks, $15.
1912
"21
Chinese 5 Reorg, Loan,
1913 (Ldn. Is.)
31
Chinese 8% Ster. Notes.
1925 (Vickers)
Trams, $16.00.
7-9
$5-3/8
Chin. Imperial Rig. 5%
Loan Jonan. Rly, 5%
48
10.
5-2/8
Hukuang Rly 5%, 1911...
LP. N/Y Issue)
Hukuang Rly. 5%. 1911
.German Issue> Lung Tsing & U. Hal
Ely. 5% 1913 s'hal-N'King Rly. 5%.... Tientsin-Pukow Rly. 5%
(Brit. Stpd.) Tientsin-Pukow Bly. 5% (German Stpd.)......... Tientsin-Pukow Rly. 6% Brit. Stpd. Bup), Loan) flentsin-Pukow Rly. 5%.
(Ger. Stpd. Supl. Loan) 10 Jap. 5% Ster. Loan, 1824 Ger, 7% Intl. Loan, 19245 Chartered Bank
14
10
10
10
H.K. Docks
200 $14,80 H.K. Electric Rights 100 Macau Electrics... 1000
1300 The total value is $22,710.00.
224
81
Lon., Mid, & Scot., Rly. 12
HK, & Shai Bank (Ldn.
Reg.)
Great Western Rly.
323
78
National Bank of India 31
HE, & Shai Bank (Col
Pegy
B-A. Tob. (bearer)
BB/11
79
Dunlop Rubber
33/1
Chinese Eng. & Mining
(beater) Chosen Corporation...... Mercantile Bank of In-
dia, 96, "G", Pekin, Syndicate ..........
Bristol Aeroplane
10/3
1077
Imperial Chemical Ind. 31/
41-
United Steel
23/44
Woolworths 12.
48/6
11/
Markman Investments
6/3
1/-
Western Holdin an
11/-
S'hal Mec Constr. Oo.
· 10/
Sub-Nigel
141/3
02-10
B'hal Waterworks “A”
15.
| Whell *Tran & Trad.
62.08
Union Insurance
22
(pearor)
41/3
$2-07
Gula Kalumpong Rubber 16/-
June
5-13/32 ..5-3/8
Market:Quiet.
Silver 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
Calcutta Exchange
Calcutta, May 31 (Reuter). T.. on Japan, 81-1/2
India Kupee Paper
Bombay, May 31 (Reuter). Govt, 34% Rupee, 05-14-0,
-SILVER MARKET-
BOMBAY SILVER Bombay, May 31 (Reuter). . Market-Qulet. Offtake 50 bara.
Indian Mint Sliver
Ready! June 20. Bettlement. July 18 Settlement
on Saturday, May 31, 1941. SALES
Current Accounts opened in Loast- Currency and Fixed Deposits re- ceived for one year or shorter periods in Local and Foreign, Cur rencies terma which will N quoted on application.
SAFE DEPOSIT Born To Lat.
KAN TONG PO,
On
་་
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
11.00 Operating Services for Cargo and Passengar. 18.65
TO-
SWATOW, SHANGHAI TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA,
SANDAKAN
HALLHONG
All steamers berth alongside the Roosevelt Terminal in the French Concession at Shanghai, where passengers and cargo are landed.--
For further particulars
please apply to--
JARDINE MATHESON&Co.,LTD TELEPHONE ZOSIL · 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 KINJCHOW
G
We also handle the issue of Bonds and other Publio Funds of the Chinese Government both at Homs" and abroad.
SHOUT. CHEN,
Manager.
h