Bank Buying Rate
Bar Silver DET OL
NEW YORK, June 4, 1941.
21.85
Prev. Today's High Low Close Close 13.26 13.22 21.60
13.22 13.33
Change 01 up
21.54 21.80
3 up
991 977
977
971
1.off
STOCKE
748
731
733
734
New York Hides, Sept.
14.81 14.68 14.85
14.726 13 off
Adams Express
NEW YORK COTTON -
CLOSE
CLOSING.
CHANGE
Alleghany Steel Co.
On "demand
440
Allis Chalmers
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
JUNE 5. 1941.
On London:-
Telegraphic Transfer. 1/2 7/8 Bank Bilis, on demand 1/2 7/8 Credits 4 months' sight
On Shanghai:-
NEW YORK COMMODITY MARKET (REUTER'S SERVICE)
New York Cotton, July New York Rubber, July Chicago Wheat. July Chicago Corn, July
NEW YORK STOCK EXCHANGE
QUOTATION
REUTER'S SERVICE)
JUNE 5, 1941.
Last Sale
Johnsmanville
Kennecott Copper Libbey-Owens-Ford
FRIDAY, JUNE 6, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital... $50,000,000
INDIA, AUSTRALIA
AND CHINA
[Issued & Fully Paid-Up $20,000,000 | Fucorporated by Royni Charler, 1886
Reserve Funds: Sterling
£6,500,000 Paid-Up Capital .........£3,000,000 E.K. Currency Reserve $10,000,000 Reserve Fund Reserve Liability of
£3,000,00
STOCKS
Last Sale
Proprietors
$20,000,000
June 4
June 4
5+
58
211
351
271
Glasi
271
On Singapore:→→
July
13.22/22
13.23/23
On demanding
52 3/4
October
13,35/35
13.38/38
.01 up .03 up
Amer. Can
781
Lockheed Aircraft
23
Board of Directors: Hon. Mr. J.J. Paterson,
American Cyanamid B.
361
Loew's Inc.
∙281*
On Japan:-
Deember
13.43/44.
13.47/47
.04 up.
Amer. & Foreign Power
On demand
102 1/2
January
13.40 N
13.48 N
.06 up
Amer & Foreign $ pf.
17
Martin, Glen L, Co. Montgomery Ward
28
W. H. Lock, Esq..
341
On India:--
March
13.44/45
13.46 N
.02 up
Amer, Locomotive Co.
Telegraphic Transfer.
and demand
|82 5/8
May Spot
13.41 N 13.37
13.48/46 13.78
.05 up
Amer, Metals
12+ 17*
.01 up
Amer. Radiator
62
On New York:-
P
Bank Bills, on demand 24 1/8 Crediis, 80 days' sight 24.7/5
Total sales Tuesday:-87,400 bales..
Amer, Rolling Mill
137
Amer. Sting and Ring Co.
*40***
National Aviation Nat, Dairy Products National Distillers Nat Power & Light National Supply Corp.
J. E. Bousfeld, Esq.,
123
19
A. H. Compton, Esq., L. J. Davies, Esq.,
#
By
On Batavia-
On demand. 45. 1/4"
On Paris:
Bank. Bilis, on demand Nom. Credits 4 months' sight Now.
On Saigon-
On demand
J
NEW YORK RUBBER
July
Amer, Sugar Reining
154
New York Central”.
121
(New contract)
21.54/55
21,80,80
.26 up
Amer. Tel, & Tel.
...
1574
Niagara Hudson Power
21
September (
21.35/35
21.806/70a
.25 up
Amer, Tobayco “B”
63
N. American Aviation
13
December ( March
}
21.04/05
21.30/35
26 up
Amer, Waterworks
41
North American 'Co. (New)
13
+
·}
20.85/65-
21.0 ON
.35 up
Anaconda Couper
261
Northern Parific.......
· 61
. Total sales for the day:-850 toris.
Atchison, T. & S. Fe.
274
Packard Motors
24
Branches:
Head Ofce-HONG KONG
Chairman,
Deputy Chairman,
Hon. Mr. S. H. Dodwell,
Miskin. Ex..
K. 8. Morrison. Esq.,' Hon. Mr. T. E. Pearce, Hon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,
Chief Manager.
£3,000,000 HEAD OFFICE: LONDON: 38, Bishopsgate E.C.? Sun-Agencies in London “ 117/122, Leadenhall Street, E.Cla West End Branch: 14/16, Cockspur Street, S.W}
Manchester Branch: 52, Mosley Street, Manchester,
AGENCIES AND BRANCHES
ALOR BYAR AMRITSAR BANGIOX
BATAVIA
CALCUTTA
AGRCICI:
CLAVE STREET FAIRLIN PLACE CANTON
CAWNTOES
HONG KONG PINANG ILOILO
ICA HADHY
ISLANG
KORI KUALA
Beserve Liability of Prot
prietors
IPOT
RANGOON
BALCON
BEREMBAN
BOMBAY
SHANGHA
BINUAPUR
BITAWAR
SOCRABAYA
LUMFUX
Aviation Corp. ·".
31
Paramount Pictures
103
**** 104 1/2
CHICAGO WHEAT
Baldwin Locomotive Co.
13.
Pennsylvania R.R.
25
Amoy
Johore Rangoon
On Manila: -
On demand
On Bangkok
"
On demana
On Sterling Notes:-
48 1/4
July
September .......................
98/972 991/991
672/971 99,99
off
Baltimore & Ohiu
31
Phillips Petroleum
41+
Bangkok
Kobe
Saigon
Batavia
Kowloon San
Barnsdall Ol
Fullman Inc.......
271
ન
Bombay
Kuala
Francisco
149 1/2
• Tuesday's sales:-19,147,000 bushels,
Bendix Aviation
| Pure" Ou
94
Calcutta
Lumpur
Shanghai
Bethlehem Steel
714
Radio Corpn. of Am.
31
Canton
London
Singapore
Now.
CHICAGO CORN
Bliss & Co., E.W. (com.).
144
Reading Company.
Com
141*
Chefoo
Lyona
Sourataya
23 7/16
July
September
737/74 76/751
798/73} 848/744
Boeing Airplane Co.
154
Remington Arms Co., Inc.
44*
Colombo
Malacca
Sungei
2 off
Borg-Warner
164
Republic Aviation Corp.
38
Dairen
Manila
Patani
Briggs Mfg. Co.
191
Republic Steel
18+
Foochow
Muar
Swatow
NEW YORK HIDES
September
Budd M'facturing Corp.
31
Reynald, Tobac.. "B"
29
Bankow
14.35/88"
14.72b/73a
13 off
Canadian Pacific
31
Schenley Distillers
101
Celanese. Corp.
201
Shell Union Oil
15
Harbin Iloilo
Total sales for the day:—
NEW YORK COCOA September
Chesapeake & Ohio Chrysler
364
Socony-Vacunum Oll
91
554
Southern Pacific
11.
'Columbia Gas & Elec.
3
Southern Rly 35 pfi.
231
7.69 N
7.75 N.
06 up
NEW YORK SUGAR NO. 3
July
Commercial Credit Co. Com, & Scuthern (Ord.) Consolidated Edison Co.
233
Spicer Manufacturing Co.
30)*
5/16
Standard Brands
51
18
Standard Gas & Elec.
**
2.49b/313..
September
2.53b/540.
2.490/50a 2.52b, 58a
unch.
Consolidated Oil
6-
Standard Ol of NJ
37
.01 off
Copperweld Steel
131
Studebaker Com
43
Volume of business done;-54 lots.
Curtis Wright (C.)
84
Swift International
181
SAFE
NEW YORK SUGAR NO. 4" July
Distillers Corp. (Seagrams)
134
Technicolor
8
various sizes to let.
Douglas Aircraft
69+
Teras Corp.
391
TRUSTEE
and
81b/.82a
.80b/81a
01 of
Du Pont de Nemours".....
1464
"Trans-America Go.
41
MARKET
Volume of business done:-143 lots.
NEW YORK COPPER FUTURES July
Eagle Picher Lead
20th Cent, Fox Film, Com.
St
"
Elec Autolite Co.
261
Union Bag & Paper Corp.
108
Elec Bond & Share
21
Union Pacific
791
11.78b/90a
11.76b/90a
unch.
Elec. Band & Share $5 pt.
541*
United Aircraft
39
Elec. Bond & Share $6 pl.
58
NEW YORK COTTONSEED OIL " July
United Airlines Trans .......
101
Elec. Power & Light $7 pt.
33
United Corpo
+
10.67b/75a
10,65/65
.02 off
Flatrate
121
United Corp. $3 eum pf.
214
NEW YORK LARD September
Gen. Electric
29.
United Gas Improvement
67
Gen "Motors
374
U.S. Rubber
201
9.92/90
10.00 A
.08 up
Gen. Railway Signal..
13
10:3. Steel
541
NEW YORK BLACK PEPPER September".
On. Tire & Rubber
101
Vanadium
241
Goodrich (B.F.)
121
Vultee" Aircraft
61
.08 up
Goodyear Tire & Rubber...
161
Walworth Co.
41
Great Northern Iron Ore .
14
Warner Bros, Pict.
3A
Great Northern Rly, ptd.
251
Westinghouse Exec,
901
34-3/4 4.03-1/4
Great Westem Sugar
244
Woodward Iron Cor.
251*
-Inter. Nickel
Inter. Paper & Power
241
Chase National Bark
281*
141
Int. Tel. Tel. (Fon: a) 21*
National City Bank' Libby, McNell
24)*
DOW JONES AVERAGE
HEAD. OFFICE:
1940/41
June 5, 1941.
117.38
97.74
18.88
June. 3, High Low Close 117.98 116.89 117.85 27.85 27.03 27.68 17.23
16.92 17.13-
Change .30 up (6 off .15 up
18, PINE STREET.
NEW YORK. An American Bank offering com- plate Foreign Banking Service
Haiphong (Johore) Tientsin
Mukden Tokyo New York Taingtao. Peiping Yokohama Penang
CURRENT ACCOUNTS opened in Lecs! Currency and FIXED DE- POSITS received for one year or sherter periods in Local and Other Currencies on terms which will be quoted on application.
BOXES DEPOSIT
of
EXECUTOR
businew undertaken. Hongkong. 26th February, 1941.
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the BONGKONG & SHANGHAI BANKING COR- FORATION. Rules may be obtain ed on application.
For the HONGKONG & SHANGHAI BANKING CORPORATION.
V, M GRAYBURN,
Chief Menager. Hong Kong. 25th Feb., 1839.
THE CHASE BANK
NEW YORK
TAIPING ATIENTRIN
TONGKAL
(Bhuket)
TSINGTAL
ХОГОНАМА
PRIPING (Peking)
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT Accounts opened and Fix80 Darosirs received for One... Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates obtainable ou application.
The Bank's Head Office in London undertakes Executor and Trustee business, and claires recovery of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.
W. H. EVANS THOMAS,"
Manager.
BANK OF EAST ASIA. LIMITED
•
Authorised Capital.. ..$10,000,000,00 Paid Up Capital 5,698,600.00 * Reserve and Undivided
Profits
2,933,281,50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central
Board of Director.
HON. SIE SHOTson Chow, Chairman
Li Eoon Chan, Esq. P. K. Kwak. Esq.
15, QUEEN'S ROAD, CENTRAL Wang Im Tong, Esq.
Chan Ching Shel, Bsc.
Li Lan Sang, Esq. Wong Chu Son, Esq. Fang Fing Wad Esq.
KAN TONG Po, Esq; Chief Manager Hos. Ma. Li Tas FONG, lunager
Л
KUCHING MADRAS
CRNT
COLOMBO
MANILA
DELETI
MEDAS
HAIPHONG HANKOW
Branches and Agenauer:
amay,
Kowloon
Loudao
Рома Hangoon
Singapore Strabags
J
81.06
Botabay
التجملا
Calculia
Malgun
Melbourne San Fran- sydney
Syntow
Commodity Index 65.47
60.66
1.09 up
HJphons
Sagamka
cisco Tinte
Baukow
Now for seate
Houglalu Hove
Paris
Market Report
FROM RUZA BROS.
Thursday, June 5.
uncharged Silver prices were yesterday, the quotations remain- ing at 23.7/16 for both Ready and Forward. Silver advices reported the market as being steady, but quies, American Silver was quoted at 343/4 for Spot.
The London-New York cross- nate was quoted at 402-1/2. New York-London was quoted at 403-
1/4.
Quiet.
STERLING
There were sellers at 1/3 up to August, buyera at 1/3.1/32 for any delivery.
"U. S. DOLLARS Business was done during the early part of the morning at 24.7/ 16 for Cash, The market closed at lunch time with sellers at 24.7/18 for forward and near, buy- ers at 241/2 for near delivery;
SHANGHAI DOLLARS Business was done at 452.1/2 and 452.3/4. The market closed at lunch time with sellers at 452.3/4. buyers at 453 for Spot,
SHANGHAI MARKET Steady but quiet. There were sellers of Sterling for near delivery at 36/16 and US. Dollars at 5.3/8 for Spot,
AFTERNOON MARKET
Quiet.
STERLING
The market closed with sellers'
6.15b/20a 6.23b/28a
The first notice day for Sept, black pepper is 26/3 and last trading day is 23/9. NY, Official Silver
N.Y.-London Cross Rate
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
London, June 4
The following quotations are the
at 1/3 up to August, buyers at 1/3, middle prices at the close of the
1/32 for any delivery.
U. S. DOLLARS
The market closed with sellers at 24.7/16 for near and forward"] buyers at 24.1/2 for any delivery. SHANGHAT DOLLARS
The market closed with sellers at 453.1/4, buyers at "453.3/4.
SHANGHAI MARKET
Sterling closed with sellers at 3.5/18 for Spot and. U.S. Dollars at 53/8 for Spot.
Shanghai Exchange
Shanghai, June 5 (Reuter).
Offcial T.T. Rates
London
New York
India
Japan
Faris ......
Hongkong
Sterling
Bellers
22-1/4
market in London. All quotations are subject to confirmation and tẻ responsibility is assumed for errors in transmission
War Loan, 34% Red,
after 1962) Defence Loan, 3% Janton-Kloon Rig. 5% Chinese 41% Gold Loan
1838 (Brit. Issue)' Chinese 5% Gold Bonds,
1925/4T
34-3/4 4.03-1/2
RESERVE BANK OF INDIA STATEMENT
Calcutta, June 4 (Reuter).
May 23 May 30
Notes in circulation (including Notes held in the Bank- ing Department)... 28,542 28,576 Rupee Coin Bullion
in Indian 3,589 3,623 Gold Coin and Bul-
lion in India
4,441 4,441 Securities (Indian
Govegiment) B 9.131 9,131 103-9/16 Securities (British
13.173 11,379 Government)
(Figures in Lakhs Rupees)
101-1/2
SILVER MARKET
"LONDON SILVER London, June 4 (Reuter). Silver-Triing trade buying met
Marke by production sources. steady. In the afternoon, the market was steady with no buɛt-
Forward, 23-7/164.
BOMBAY SILVER
Bombay, June 4 (Reuter).
Market-Steady. Offtake 150 bars,
Fligh Low Dow Jones Averages
Industrials 162.FO 111.84 30
Rails 32.67 2218 20 26:45 16.82 20 "Utilities
Bonds 99.19 83.06 40 69.78 48.74 11
LONDON METALS
2
EXCHANGE
London, June 4 (Reuter). Tin. Standard, Cash. Middle Price, 285-1/B. -
Tin, Standard, 3 months, Middle Price, £265-1/8.
Market steady but inactive, with both buyers and sellers reserved. Business was again mostly confin ed to "3 months.”
N
LONDON GOLD
London, June 4 (Reuter), Bar Gold, Fine per cz, 188/-,
Business Done: 430,000 shares
HONGKONG
|
SHAREBROKERS:
ASSOCIATION
Volume of Business Transacted on Thursday, June 5, 1941, SALES
HK Electrics · (0)
HK. Electrics (N) H.K. Electrics" Rta. Union Ins.
200 $22.00 100 22.00
34 21.10
11,00
500
10 410.00
844
The total value is $16,917.40:
in the principal Markets of the ta world. Interest Rates on application.,
SAFE DEPOSIT BOXES
This Bank is entirely owned by The CHASE NATIONAL BANK, NEW YORK, with Resources of over U.S.$3,800,000,000,
Helping
Betray Shaytand
Every description of Banking and Exchange businen transacted. Lonas granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposite re- ceived for
one year or shorter Manager. periods in Local and Foreign Cur rencies On terms which will be quoted on application.
SAFE CEPOSIT BOXES TO LET.
KAN TONG PO,
D. L. BALLANTYNE.
WANT-ADS ARE SURE!
INDO-CHINA
BANK OF
Chief Manager.
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
g
*38
38.
Chin. 44% Anglo-French
Loan 1908
37
Chinese 5% Crisp Loan
-1912
21
Opening
Chinese 5% Reorg Loan
1913 Lan. Is.)
31
0/3-1/4
Chinese 8% Ster. Notes
ness.
5-1/4
1925 (Vickers)
7-9
Spot, 23-7/10d.
12
Chin. Imperial Rly, 5%
Loan ......
48
nominal 31-5/8
Honan Rly 50%
10
Spot
June July
Opening' 0/3-19/64.0/3-5/16 0/3-19/64 0/3-5/16
Closing
0/3-19/840/3-5/18.
Hukuang Rly 5%. 1911...
(L.P. N/Y Issue) 14 Hukuang Rly. 5%. 1811.
.German Issue Lung Tsing & Hai
Rly. 5% 1913............ 9 |6'hel-N'King Aly. 5% .. Tientsin-Pukow R17. 6%.
(Brit. Stpd.)
Indian Mint Silver
13
Ready
62-12
June 20 Settlement
62-10
July 19 Settlement ... 62-09.
14
TO
10
4
4
SWATOW, SHANGHAL TSINGTAU, CHEFOO"
Spot
Tientsin-Pukow Rly, 6%
's'hal Elec. Constr. Co. „i 18/
Bnd TIENTSIN
(German Stpd.)
10
¡S'Dal Waterworks “A”
15
KOBE and OSAKA
Tientsin-Pukow Rly, 5% (Brit. Stpd. Supl Loan) Tientsin-Pukow Rly, 5%
Union Insurance
22
SINGAPORE, PENANG and CALCUTTA
10
Gula Kalumpong Rubber 15
!
Lon., Mid. & Scot., Rly. 12}
10
Great Western Rly.
324
National Bank of India 31
5
B-A Tob (bearer)
84/44
Dunlop Rubber .....
32/101
Bristol Aeroplane ................
10/3
751
Imperial Chemical Ind.
80/101
H.K. Shal Bank (Col.
Pet
United steer .....
23/6
70
Woolworths 2
47/6: ·
[Chinese Eng. & Minis
Marzman Investments
6/3
11/-
Western Holdings
11/3
4/
Bub-Nigel
140/-
of
In-
shell Iran.
& Trad
111
{Bearer) -
·40/73′′
1/-
June July....
U.S. Dollars
-$6-3/8 $5-378.
5-3/8
5-3/8 Market: Qulet.
..5-3/8 5-378
Bilver 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.
Ludia Rupee Paper
Bombay, June 4 (Reuter). Govt, 31% Rupee, 95-14-0,
alcutta Exchange ́
Calcutta, June 4 (Reuter). T.T. on. Japan. 81-1/2,
(Ger. Stpd. Supl Loan) Jap. 6% Ster. Loan, 1924 27 Gef 7 Intl. Loan. 1024 chartered Bank ..... HK. & Shai Bank (Ldn.
Reg.j
bearer) Chosen Corporation
Mercantile Bank
dia, £5.0" Pekin Syndicate
*---bid
Operating Services for Cargo and Passengers
SANDAKAN"
HAIPHONG
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 ZOJILL 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 Backing and Exchange,
Head Office-SHANGHAI Hong Kong Branch:
4. QUEEN'S ROAD, U. South China Offices,
CANTON
SWATOW
SHIUCHOW
KONGMOON TOISHAN 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.
Tall
リ