Francisco AIPHONG Calcutt Lumpur Shanghai HANIOW
MRDAN
NEW TOEK
(Bhuker) TELNOTAL
YOKOHAMA
PIPING (Peking)
(REUTER'S SERVICE)
NEW YORK, May 31, 1941.
High Low Close Close Change 13.0 12.99 " 13,08 13.05. 03 off
22.12b closed
944 $24
933
734 124
Close
Closing
13.08/08
13.05/05
103-11/16
13.24/25
15.23/23
Defence Loan, 3%
1018
13,33/33
13.28/28
Danton-Kloon Rly. 5%
$
January
13.29 N
13.25 N
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
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 in transmission.
War Loan, 3% (Red.
after 1962)
£
NEW YORK COMMODITY MARKET
New York Cotton. July New York Rubber, "July Chicago, Wheat, July Chicago Corn, July New York Hides, June
NEW YORK COTTON
July
October
*December
NEW YORK STOCK EXCHANGE
QUOTATION
'(REUTER'S SERVICE}
JUNE 1, 1941, '
Last Sale
STOCKS
Johnsmanville
Kennecote Copper
| Loew's. Inc.
Martin, Glen L. Co. Montgomery Ward National Aviation Nat, Dairy Products
HONGKONG &
Authorised Capital.
.............. 850,000,000
Prev. Today's
TUESDAY, JUNE 3, 1941.
BANKS
SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
INDIA, AUSTRALIA
AND CHINU
Issued & Fully Paid-Up 20,000,000 Incorporated by Royal Charter, 1834
Reserve Funds:" Sterling
STOCKS.
Last Sale
May 31
May 31
up
Adams Express
57
$20,000,000
£8,500,000 Paid-Up Capital HE. Currency Reserve $10,000,000 Reserve Fund Reserve Liability of
Reserve Liability of Fro- Proprietary
pristors
£3,000,000
*31 TSA A up 14.61 closed
Alleghang Steel Co.
21*
352
Allis Chalmers
-251
Anter Can
79)*
| Libbey-Owens-Ford Lockheed Aircraft
Glass
Head Office:-HONG KONG"
+
28
23
Change
American Cyanamid B
351*
28
.09 off
Bourd of Directors: Hon. Mr. J. J. Paterson,
Amer. & Foreign Power...
272
.0% off
Amer & Foreign $7 pt.
17:
331
.05 off
Amer, Locomotive Co.
W. H. Lock,, Esq.,
13
B*
04 off
Amer, Metals......
Deputy Chairman.
187
131
Chinese 41% Gold Luan
"I
March
13.29/30
13.27/27
.02 0
amer. Raddatait
B+
National Distillers
J. K. Bousfield, Eng.,
197
1898 ( Issue
38
May
Chinese 5% Gold Honda.
1925/47
Spot
13,24/24 13.53
13.23/23
.01 off
Amer. Rolling Mill
131
Nat, Fower & Light
A. H. Compton, Esq.,
51
13.55"
.02 up
L. J. Darien, Esq.,
Amer. Sting and 'R'ing Co.
401
National Supply Corp.
51
Hon. Mr. 5. H. Dodwell,
38
Total sales Thursday:88,000 bales,
Amer. Sugar Redning
14
New York Central........................
12
G. Miskin, Esq.
Chairman.
....£3,000,00% HEAD OFFICE: LONDON:
38, Bishopsgate E.0.9. Sub-Agencies In Landea: 117) 122, Leadenhall Street, E.C.. West End Branch: 14/16, Cockapur Street, 8. W 1 Manchester Branch:
62, Mosley Street, Manchester, 1.
AGENCIES AND BRANCHES.
HONG KONG FIRANO MOILO
ALOR STAR
AMR: TUAR
LANGOON
Chin. 41% Anglo-French
Amer. Tel, & Tal
1501
Niagara Hudson Power
21
E. S. Morrison, Esq.,
BANGKOK
BATAVIA
Loan 1908
37
NEW YORK RUBBER
Amer. Tobacco "B"
621
N. American Aviation,
131
Hon. Mr. T. E. Pearce,
1POE
KABACE)
SALGON
BERIMBAN,
BOMBAY
Chinese 5% Crimp Loan.
July (New contract)
22.12b
Amer. Waterworks
41
North American Co. (New)
13
1912
24
September (
21.80/80
Anaconda Copper
201
Northem Pacine
Chinese S Reorg. Loan.
December {
21.25/30
CLOSED
Atchison, T. & 8. Fe.
261
Packard Motors
21
1913 Lan. Is.)
31
March
20.80/80
Aviation Corp.
32
Paramount Pictures-
Hon. Mr. A. L Shields, Sir Wandeleur M. Grayburn, AGENCIES: KOBE
Chief Manager-FAN PLACE OLIVE r
CALCUTTA ILANG..
SBANGBAT
SINGAPCEI
BITIAWAN
KUALA
SQURABAYA
101
Chinese 8% Ster. Notes:
1925 (Vickers):
Baldwin Locomotive Co.
13
Pennsylvania R.R.
242
Branches:
CANTON CAWNPURI
LUMPUR KUCHING
TAIPING
TIENTSIE
7-9
CHICAGO WHEAT
Baltimore & Oblu
| Phillips. Petroleum
41
MADRAS
Amoy
Johore" Rangoon
TONGKA
Chin Imperial Rly, 5%
Loan
July
937/937
48"
September
951/951
941/943 98/061
Barnsdall OIT
9*
Pullman Inc.....
271
Bangkok
Kóbe
"
Saigon
COLOMBO
MANILA
up
Bendix Aylation
344
Pure Cl
94
Batavia
Kowloon
San
DILHI
Honan Rly, 5%
10
Bethlehem Steel
691
Thursday's sales:-16.454,000 bushels,
Radio Corpn. of Am.
31
Bombay
Kuala
Hokuang Rly 5%. 1911...
Bliss & Co., EW. (com)
141
Reading Company.
Com
141.
(LP N/Y Issue)
CHICAGO CORN
Boeing Airplane Co.
1*1
Remington Arms Co., Inc.
41*
Canton
Loadou
Hukuang Rly. 5%, 1911
July
738/731 731/73+
up
Borg-Wamer
181
Republic Aviation Corp.
Chefoo
31
Булпа
Singapore
Sourabaya
(German. Issue>
September
747/747 743/743
#up
Briggs Mig. Co..
191*
Republic Steel
Jolorub.
Malacca
181
Lung Tsing & U Ha!
Budd. M'facturing Corp.
#1
Reynold Tobac, "8"
Dairen
Kabila
281
Foochow
Riy. 5% 1913
9
NEW YORK. HIDES
Canadian Paciic
3
Schenley Distiller
10+
S'hal-N'King Rly. 5%
14
June
Tiertain-Pukow Rly. 5%
September
14.51/51 14.68/56
CLOSED
Celanese Corp
19
Shell Union. Oil
141
Bankow
Chesapeake & Ohio
351
Socony-Vacunum o
82
Harbin
(Brit. Stpd.)
10
Chrysler
55+
Southern Pacific
11+
Tientsin-Pukow. Rly. S
NEW YORK COCOA
Columbia Gas & Mec.
24
Southern Rly $5, pfd.
Iloilo.. Ipoh
(German Btpd.)
10
September
7.35 N
CLOSED
Tientsin-Pukow Rly. 5
(Brit. Sepd. Supl. Loan) 10 Tientsin-Pukow Ely, 5%
NEW YORK SUGAR NO. 3
July
(Ger. Stpd. Supl, Loan) 10 Jap."6% Ster, Loan, 1934–221 Ger, 7% Intl. Loan, 1924 5
Chartered Bant
J.
K. & Shal ́Bank (Ldn Reg:)
EK. & Shal Bank (Col
Reg)
Chinese Eng. & Mining
(bearer)
Chosen Corporation
Mercantile Bank of In-
dia £5, "0"
Pekin Syndicate
'bai Elec. Constr. Co.
16/-
'bai Waterworks.”A”
15
Union Insurance
22
Gula Kalumpong Rubber 15/-
Lun, Mid, & Sent. Rly 12
ཅ ོང ཞེ ཚེ ཙ
September
2,476/48a CLOSED 2.50b/51a
Commercial Credit Co. Com, & Southern (Ord. Consolidated Edison.co. Consolidated Oll Copperweid Steel
23+
Spicer Manufacturing Co." 304
@
Standard Brands
51
17
Standard Gas & Elec,
19
Standard Ol of NJ
361
137+
Studebaker Com
42
Curtis Wright (C.)
મ
NEW YORK SUGAR NO. 4"
July
Swift International
181*
Distillers Corp. (Seagrams) 131
Technicolor
8*
88b/.82a
CLOSED
Douglas Aircraft
Texas Corpn.
391
NEW YORK COPPER FUTURES
July
Du Pont de Nemours
143
Trans-America
Co.
42
Eagle Picher Lead
B*
TRUSTEE and'
20th Cent, Fox Fim, Com. 51*
11.80b/94a
CLOSED
Elec. Autolite Co.
business undertaken.“
251
Onion Bag & Paper Corp." 10%
NEW YORK COTTONSEED OIL
July....
Elec Bond & Share
2
Union Pacific
781
Elec. Bend & Share 15 pt... 544
United Aircraft
381
10.38/38 CLOSED
fr
NEW YORK LARD
Elec Bond & Share 36 pf. Elec.. Power & Light 1 pr.
59
United Airlines Trans
9
314
United Corpn
Flintkote
September
9:08b
9.87/87
.07 up
| United Corpf $3 cum pi.
210
Gen. Electric
23+
United Gas Improvement
64
BANK OF EAST ASIA. LIMITED
.6.08b/13a
Great Western Rly. ..... 327 National Bank of India 31 BA. Tab (bearer)
88/1
Bristol Aeroplane........ 10/3 Imperial Chemical Ind. 317- United Steel Woolworths .....
N.Y. Official Silver N.Y.-London Cros Rate......
NEW YORK BLACK PEPPER
September
The First Notice Day for September black pepper is Aug. 28 and last trading day is September 23.
34-3/4
unquoted 4.03-3/4 4.03-3/4'
Gen. Tire & Rubber ... Goodrich (B.F)
Gen. Motors
:.361
U.S. Rubber
209
CLOSED
Gen. Railway Signal
131*
is conducted by the EUNGKONG
0.8. Steel
53
Vanadium
23+*
12
Vultee· Aircraft. '..
62
Goodyear Tire & Rubber... Great Northern Iron Ore Great Northern Rly, pfd:
163*
Walworth Co.
4
14
Warner Bros. Pict.
31
257*
Westinghouse Elec,
86
2
Great Western Sugar
234
Inter. Nickel
242
Dnlop Rubber 33/11
Inter. "Paper & Power
14
Woodward Iron Cor. Chase National Bank National City Bank
26+*
284*
241*
Western Holdings
11/-
Sub-Nigel
141/3
23/44 48/6
Maraman Investments -6/3/
hell Tran. & Trad
(bearer)
•-bid
41/3
MONEY AND EXCHANGE
Int. Tel. & Tel. (Fun, Is.)
2*
Libby, McNell
DOW JONES, AVERAGE
-ex ju
1940/41
High
June 1, 1941
May. 29, High Low Close
116.23
114.00 115.37 115,76 27.67 27.45 27.33 · 27.43° 16.95. 16.92 16.8816.90 81.12
Change .47 off
.14 off
.05 of
Jewish Leaders Support
China Relief
leaders
LOSING QUOTATIONS
MAY 31, 1941.
in London:-
Telegraphic Transfer.1/2 7/ Bank Bills, on demand 1/2 7/8 Credits 4 months' sight
Jo Shanghai:
On demard
Jn Singapore:-
On demand
Ja Japan:-
On India:-
Low Dow Jones Averages
Industrials Rails Utilities Bonde
16.00 11184 30 3287 22.15 20 26.43 16.82 20 92.19 83.08 40 69.76 48.74 11
91.18 ,07 up
Business Done: 10,000 shares
Commodity Indër) €7.83
BRIAR PIPE PUZZLE
now that bruyere is no longer available, the quest for a subsil- tute has been intensified. That search has in fact been going "on An English wood has been as-since the briar began to supplant covered, after months of research, the clay, the meerschaum" and the to take the place of the bruyere calabash.
pipes are All the forests of root from which briar
the Britlan.
made. 82 5/8
But the name of the wood Empire have been explored. for is a secret,
root as fragrant, as fasting when Great Entain exports eighty per smoked and as comely to look cent. of the world's briar pipes; upon as the Heather bush from and the pipes are not made of the country of the Foreign Le- briar at all. The name is a cor-gion.
52 3/4
On
On demand
Telegraphic and demand New York:
................................ 1'2 1/2
Transter.j
WASHINGTON (By Clipper): Many American Jewish have offered their support of the United China Relief campaign to "raise U.S. $5,000,000 for aid to China, including Rabbi Edward L. Israel, Rabbi David de Sola Pool, Rabbi James G. Heller, and Rabbi Leon Lang, B.A Garside, executive director of the campaign, an- nounced recently at the national headquarters, 1790 Broadway.
Rabbi Israel, accepting a request; Synagogue, New York City: Rabbi to serve as co-chairman of the James G. Haller and Isaac M. Wise campaign National Committee on Temple of Cincinnati, Ohio; and Bank Billa, on demand 24 1/8 Churches and 8ynagogues, urged Rabbi Leon Lang of Philadelphis. Credlis, 60 days' sight 24 7/8 wide, support of its work. "The president of the Rabbinical As On Batavia:- United China Reller campaign."sembly of America. -- (Central On demand he said, "is an undertaking in the New.
finest American tradition
"It is motivated by pity for the utterly unmerited suffering of the great. Chinese people, and by new admiration for their heroie valour and their many other high cul-) tural and spiritual qualities.
BOOTS FOR WAR
I heartily endorse this nationwide i Britain's sole leather tanners in-
On Parla:
4 1/4
Bank Bills, on demand Nom. Credits 4 months' sight Nom. In Saigon:-
On demand
on Manila:-...
On demand
In Bangkok:--
On demand
endeavour to mitigate the evils of creased their output last year by On Sterling Notes:- war and to overcome destitution, almost one half in order to main-
-104 1/2
48 1/4
149 1/2
Now,
Bank Buying Rate sickness and starvation in China"tain the supply of 400,000 pairs of Bar Silver per o£. .............23 7/16
RELIEF LOAD ·
boots a week for the Services." There was at no time any shortage
BA Garside, who is concur- either of these; of boots and shoes Shanghai Exchange
"
rently the executive secretary of for the home market and for over- the Associated Boards for Chris-seas or of leather export. tian Colleges-in China, said in ap- Sixty per cent. of British sole preciation of Jewish support al-leather is tanned from imported ready received: "It 18 especially hides. Last year they were safely heartening that synagogues, which shipped to Britain from more than afe already carrying a heavy re-sixty overseas ports. lief load, wish to contribute to the
Large consignments were recetv.
work undertaken for Chinese reed from the Empire which it is fugees."
estimated possesses forty per cent.)
22-1/4
nominal 21-5/8
ruption of "bruyere," the heather Its discovery may enable Britain root from French North Africa to export pipe woods as well as to round the Atlas Mountains.
maintain an industry for which
For years Britain has been tum. she is retiawned. But what the ing it into 400 different designs new wood is cannot yet be dis- for the world's pipe smokers," and, closed.
الركب
Haiphong
Mnar
Sungei
Patani Swatów
(Johore) Tientsin
Mukden Tokyo
New York Tsingtao Peiping Yokohama Penang
FOREIGN EXCHANGE and General. Banking Business transacted.
COBBENT ACCOUNTS opened and FIXED DEPOSITE received for On Year or shorter periods in Local or Other Currencies at rates. which will be quoted on application.
SAVINGS ACCOUNTS also opened 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 periols 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.
EXECUTOR
Hongkong. 28th February, 1941,
BONGKONG SAVINGS
BANK
The Busina of the above Bank
terms which may be ascerta'ned st 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. 5,508,600.00
ed on application.
For the HONGKONG & SHANGHAI
BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong 25th Feb., 1930.
THE CHASE BANK
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PIKE STELET,
"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
Reserve and Undivided
Profits
2,983,281,50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central
Board of Director..
HON. SIR BROUSON CROW, Chairman
Li Lan Sang, Ea
Li Koon Chun, E P. K. Kwok, Esq.
Wong Tun Tong, Esq. Chan Ching Shok, Saq.
Wong Chu Son, Esq.
Fang Fing Wah Esq.
KAN TONG PO, Esq., Chief Manager. HON. MR. Li Tas Fono, Manayes
Branches and Agencies:
Репали Singapor
or
Kowlo Lendan
Bombay Cadentia
Mani
Kangoos
Saigon
Halphooy
kokow
doaciala
Para
Pipin
4.03
Sourabaya
SWALOW
Melbourne Haň Fras Sydney Nagranica Naw Tork duate
ciary Tenta
Bemarang
Shanghal
Every description of Banking and
This Bank is entirely owned by Exchange business transected. Loui
NATIONAL BANK, granted on approved securities.
THE CHASS
NEW YORK, with Resources of over 8.$3,800,000,000...
D. L. BALLANTYNE.
Manager.
WANT-ADS are Seen!
INDO-CHINA
Current Accounts opened in Looa!" Uurrency- and Fixed Deposits re ceived for one year or
abortat periods in Local and Foreign Cur rencies
terms which will k quoted on application
SAFE DEPOSIT BOXES TO Lær.
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
BWĄTOW, SHANGHAL, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTIA
"SAND KAN
Shanghai, June 2 (Reuter):
Official TT Rates
TO-
London
Opening
0/3-1/4
New York
5-1/4
Indis Japan Parks Hongkong
12
Sterling
The war time achievement of
Spot June July
pening Closing 0/3-5/16 0/3-19/84
0/3-5/16
0/3-5/16
0/3-19/64 0/3-19/64
35-11/32 6-11/32 6-3/8
Rabbi Edward L. Israel, prest of the world's livestock and from dent of the Synagogue Council of the Argentine where there are America is co-chairman of the usually 60,000,000 cattle in the National Committee on Churches hool. and Bynagogues with Luther A.
Weigle, Dean of Yale Divinity increasing by nity per cent. the School and president of the
sole leather produced from the raw Federal Council of Churches of hides was brought about partly" by Christ in America,
intensifying the methods of pro- Also serving on the committee; duction and partly by a scheme for with Rabbi Israel are Rabbi David regulating ahead the probable de- de Sola Pool, Spanish Portuguese 'mand.
Rellers
U.S. Dollara
Spot
-$5-3/8 June....... 5-3/8 July 5-3/8 Market:-Quiet.
HA FHONS
All steamers borth alongside the Roosevelt Terminal in the French Concession" st Shanghai, where passengers and cargo are landed.
For further particulars
please apply to
JARDINE MATHESON&Co.,Lt TELEPHONE JOZI 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
SHTUCHOW
KONGMOON TOISHAN
KINGCHOW
We also handle the issue of Bonda aad other Public Funds of the Chinese Government both at Home and Abroad.
.
SHOW J. CHEN,
Manager.