NEW YORK COMMODITY MARKET
(REUTER'S SERVICE).
New York Cotton, July New York Rubber, July New York Hides, Sept. Chicago Wheat, July Chicago Corn, July
High Low 13,42
13.23
New York, June 5.
Close 13.41
Change 18. up
closed-
closed
STOCKS
1011
991
101
2
up
741
731
741
i up
Adams Express
On Shanghai:
On demand
440 "
Oct.
On Singapore:--
On demand............... 62 3/4
Dec.
*Jan.
On Japan-
On demand ................................ 102
Mar.
Closing Ranges Changes, NY. COTTON: Notice date-25/8
July
13.41/41 .18 up 13,55/55 .17 up 13.67/67 19 up 13.65/65 19 13.67/69 21 up N.Y, COTTONSEED OIL: May
13.68/68 .26 up Friday's Sales:-85,300 bales, 8 5/5 N.Y. RUBBER: Notice date-27/8°
CLOSED
Closing Ranges Changes
Alleghany Steel Co.
NEW YORK LARD:
Sept:
10.12 A N.Y, BLACK PEPPER:
CLOSED
Allis Chalmers Amer. Can
.07 up
American Cyanamid B.
Amer. & Foreign Power
Amer & Foreign 37 pt.
Amer, Locomotive Co.
Amer, Metals
"I
CLOSED
Amer. Radiator
Amer. Rolling Mill
Amer. 8ting and Ring Co. 391
24 up 21 up
*
On Saigon:-
On demand
104 1/2
Op Manila:-
On demand
48 1/4
Sept.
741/741 76/751 1
up
NEW YORK HIDES: "
CLOSED CHICAGO WHEAT:
1013/1013 July
Sept.
........... 102/103 Friday's sales:-17,776,000 bushels NY. COPPER: Notice date 27/6
CLOSED CHICAGO CORN: "July
N.Y. Official Silver
Amer, Sugar Refining Amer. Tel,
Tel.
Amer. Tobacco "B"
Amer. Waterworks
NEW YORK COCOA:
CLOSED
Anaconda Copper
Atchison, T, & S. Fe.
Aviation Corp.
Baldwin Locomotive 'Co.
Baltimore & Ohio
Barnsdall 011
unquoted
Bendix Aviation
up NY./London Cross Rate 4.03-1/4
Bethlehem Steel
On Bangkok:-
Bliss & Co., EW. (com.)..."
PAGE 10-HONGKONG DAILY. PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS JUNE 9, 1941.
On London:-
Telegraphic Transfer. 1/2 7/4 Bank Bills, on demand 1/2 7/9 Credits 4 months' sight
On India:--
Telegraphic Transfer.
and demand
On New York:-
Bank Bills, on demand 24 1/8 Credits, 60 days' sight 24 7/8
On Batavia
On demand. 45 1/4 On Paris:-
Bank Bilis, on demand Nom. Credits 4 months' sight Nom.
קט
CLOSED
NY. SUGAR No. 3: Notice date 24/8
N.Y, SUGAR No. 4: Notice date 17/6 CLOSED
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
JUNE 8. 1941.
STOCKS
| N. American Aviation
我
TUESDAY,
JUNE 10, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION ·
INDIA, AUSTRALIA
Authorised Capital... $50,000,000
AND CHINA
Issued & Fully Paid-Up $90,000,000 Incorporated by Royal Charter, 1853
Reserve Funds:
6,500,000 Prid-Up Capital... £3,000,000
H.K. Currency Reservs $10,000,000 Reserve Fund £3,000,000
Proprietors ** **
$20,000,000
Head Office:-HONG KONG
Board of Directors: Hon, Mr. J. J. Paterson,
W. H. Lock, Esq.,
Chairman.
Deputy Chairmaḥ.
Hon. Mr. S. H. Dodwell,
G. Miskin, Esq.,
K. S. Morrison, Esq...
Reserve Liability of Pro-
prietors an
....£3,000,000
HEAD OFFICE: LONDON;
99, Bishopsgate E.C.2. 'Sub-Agencies In London: 117/12, Leadenhall Street, E.0.3, West End Branch; 14/16, Cockspur Street, S.W.1.. Manchester Branch;
52, Mosley Street, Manchester, &
ALOR STAR
BANGOON
AGENCIES AND BRANCHES:
HONG KONG PENANG
ILOILO
IPOE KARACHI KLANG
AMRITSAR
BANGKOK
BATAVIA
BOMBAY
Hon. Mr. T. E. Pearce, Hon. Mr. A L Shields, Sir Vandeleur M. Grayburn,
Chief Manager. CALCUTTA
Branches Johore Rangoon Kobe Saigon
KOBE
AGENCIES: KUALA OLAVE STREET
LUMPUR
SAIGON SEREMBAN
SHANGHAI SINGAPORE.. SITIAWAN
SOURABAYA TAIPING
FAIRLIK PLACE
CANTON
KUCHING
TIENTSIN
CAWNFORD
MADRAI
TONGKAR
CEBU
Kuala.. Francisco COLOMBO
(Bhuket)
MEDAN
TSINGTAO
NEW TURE
YOKOHAMA
Kowloon San
ל.
Lumpur Shanghai DELHI London Singapore ASIPHONG
MANILA
Sterling ....
Last. Sale
Last Sale
Reserve Liability of
June 7
June 7
6*
214
281
Johnsmanville Kennecott Copper Libbey-Owens-Ford
53
363
Glass 271
781
Lockneed Aircraft
231
367
Loew's Inc.
281
Martin, Glen L, Co.
271*
17*
Montgomery Ward
337
121*
National Aviation
171*
Nat Dairy Products
J. K. Bousfield, Esq.,
National Distillers.....
A. H. Compton, Esq.,
13%
Nat, Power & Light
L. J. Davies, Esq.,
National Supply Corp.
164
New York Central
1581
Nagara Hudson Power
6t
4
North American Co. (New)
26
Northern Pacifc
271
Packard Motors
21
31.
Paramount Pictures
101
137
Pennsylvania R.R.
231
34*
Phillips Petroleum
Amoy
421
Bangkok
9+
Pullman Inc.......
27
Batavia
342*
Pure Oll
91
Bombay.
717
Radlo Corpn. of Am.
34
Calcutta
On demand
149 1/2
Boeing Airplane Co.
On Sterling Notes:-
%
Bank Buying Rate...
Now,
HONGKONG SHARE QUOTATIONS
Borg-Warner
Briggs Mfg. Co...
Bar Bliver per of ....
23 3/8
STOCK EXCHANGE,
SHAREBROKERS,
ASSOCIATION
Budd MTacturing Corp.
Canadian Pacific
A
Market Report
FROM ROZA BROS.
Monday, June 9.
Silver prices were unchanged
over the week-end, the quotations
remaining at 23.3/8 for both Ready
d Forward, "American Silver was unquoted,
The London/New York cross- rate was quoted at 402,1/2. New York/London was qdoted at 403.-
Buyers Sellers
Nemiant
MONDAY
Bollers Boyer
Saunomina
Celanese Corp.
9 JUNE,
Chesapeake & Ohio
Chrysler
Banks
Columbla Gas & Elec.
$1322
HK. Bioka...
$1375
£79
£75
£81
£11
71
8220
$405
#
1/4.
MARKET
Dull,
STERLING
$176
There were sellers at 1/3 up to August, buyers at 1/3.1/32 for any delivery.
"
U. S. DOLLARS
No business was reported. There were sellers at 24.7/16 for near and forward, buyers at 24.1/2 for any delivery.
SHANGHAI" DOLLARS Opened witr sellers at 452.1/2. buyers at 453. Later some bust- ness was arranged at 453.1/2. The market closed with sellers 453.3/4. for Cash.
SHANGHAI MARKET Sterling opened with sellers at 3.5/16 and U. S. Dollars at 5.3/8 for Spot. At the close there were sellers, of Sterling at-3.19/64 and
U. S. Dollars at 5.11/32 for Spot.
AFTERNOON MARKET
Quiet.
STERLING There were sellers at 1/3 up to August, buyers at 1/3.1/32 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 Cash.
SHANGHAI DOLLARS
Closed with sellers at 453.1/2, buyers at 453.3/4 for Spot.
SHANGHAI MARKET
Clused with sellers of Sterling at 3,19/64 and U. S. Dollars at 5.11/32
for Spot.
Shanghai Exchange
Shanghai, June 9, (Reuler).
. Gellers
Opening Closing
0/3-5/18
0/3-19/64
0/3-5/16 0/3-19/84
0/3-5/16 0/3-19/64
$8
$80
160
40/7
Shells
#37
15.10
$14.50
1:
1.
Ksitans
88
at
:
Da Col. Reg)......
Do. (Lon. Reg.) Chartered Banks.....
£23 Mercantile Bks. "A”. Morcante Eka. "C". Bank of East Asia........... N. C. & 8. Banks..... Insurance
Canton Insurances.... Union Insurances..............
Underwriter
H.K. Fires..
Shipping
$128 Douglases
Steambonta Indo-Chinas (Prof.).. Indo-Chinas (De) ...
18.55 Waterboata
Docks. Wharves,
Godowns, etc.
K. & K., Wharves..
Providents
H.K. Docks (Old)..... $14.60 $14.90)
H.K. Docks (New).....
25+Bhanghai Docks......
Mining
1 ets. Hong Kong Mines...
£79
Commercial Credit Co.
£751
Com, & Southern (Ord.).
Es
Consolidated Edison, Co.
£234
Consolidated Off
£11
$71
Copperweld Steel
Curtiss Wright (C)
17 ct.
Distillers Corp. (Seagrams)
Douglas Aircraft .............
175 cts
14 dimi
$220
$410
Du Pont de Nemours.
Eagle Picher Lead
$176
Elec. Autolite Co.
Elec Bond & Share ........
$120
Elec. Bond & Share 3 pt.
$8
"Elec Bond & Share $6 pl.
$81
Elec. Power & Light $7 pf.
$80
40/1
Flintkote,
$61
Gen. Electric
Gen. Motors
Gen. Railway Signal
$861
Gen. Tire & Rubber
$5.10
Goodrich (BF.)
*
Goodyear Tire & Rubber ...
$23)
Great Northern Iron Ore ..
Great Northern Rly, pfd.
11/0
Great Western Sugar
$8
Inter. Nickel ....
Inter. Paper & Power......
Lands, Hotels and
Buildings
Init. Tel. & Tel. (Fon, Is.)
$2,90
H.K. & S. Hotels......
$3
#31
H.K. Lands........... $31)
LA
$974
Bo. 4% Debentures...
$97
1940/41"
:
$34
$266
+
$16.10 $16 $16.20
X.D. $7
$13.90 Shanghai Landr..
H.K. Realties..
16.40 mphreys .....
198
Chinese Estates....
Cotton Mills
Ewp (S.).....
S'hai Cotton (6.)...
Zoong Sings (8.).....
Wing On Textiles (8.)
Public Utilities
K. Tramways..
Peak Trama old).....
X.D. #31 Peak Trams (now).......
$3
High Low Dow Jones Averages 13399 115.30 30
29.76 26.54" 20
16.40
20.65 17.22 15
92.18 89.58-40
69.78 55.45 11
$34
**
$285
$125
$16.20
837
$614 Star Ferries.
$47
+4
$5.85
011
*
X.Rte. $22 H. K. Electrics (pia)...)
$21.35 Y'mati Ferries..
China Lights (0) China Lights (New)... $1.30
#201
85.93
XR
$21
$11.15 $11
. K. Hlectrics (New).... H.K. Electric (Ris)
$1800 31acac Electrics
Market: Quiet.
Silver Duty Rate
The Central Bank of China's
rate on London at 10 a.m. today
was 1/2-1/2d.
The Equalisation rate was. 24
per cent.
Macac Electrica
Sandakan Lighte.....
Telephones (old)
Telephones (now)................
Cald., Mang. (Ord.) 8.
Caid., Macg. (Prat)8
$1 Canton Tees.......
$8.90 H.K. Ropes
H.E. Gör. Lokas
$9741% Loan
{31%
$04 131%
(1934)
(1940).
Miscellaneous
Dairy Farms......
Entertainmeats
$1,60 Construction" (old)...
Constructions (now).......
Lane Crawfords..
$13.16!
***
Nanyang Tobacco....... $3.00
$6.60 Watsons
.26 Cli.
G. G.5% 1925G8 Bda.
H.K. Wing On
17.20 Vibro Piling
6/3 Marsmans Inv. (Lon.)
$12
$22
BAL
te Industriak
$30
$25
****
Sterling
$13.20
Spot
June July
U.S. Dollar's
$17
Spot
$5-3/8
$5-11/32
June
5-11/32
July
5-11/32
5-3/8
5-3/8
HONGKONG
SHAREBROKERS
$941
Cements
81
171
$2.16 Sincercs
$39
S'bai
Wing On
2/1
Marsmans liv. (H.K.).
BIL
Wm. Powells.....
Lights Rta... ...
*Exle to Shanghai
$2.20
*
75 ata.
97.
844
$171
L
ASSOCIATION HONG KONG STOCK] Telephones (0), $22.
on Monday, June 9, 1941. SALES
EXCHANGE
*UTERS
Volume of Business Transacted
17
Canton Ins.. $220.
China Lights (0)
600 $ 6.00 200 16.20
Indo-Chinas (Pref.), $80. Docks, $14.75.
HK Tramways
Union Instr
The total value is $10,340.00,
10. 410.00
Hotels, $2.90.
Lands, $31.50.
Lights (0), $5,88. Lights (N), $1.25,
710
Cements. $13,20. Entertainments, $8.25.
SELLERS Electrics Rts, $11.10.
SALES
H.K. Banks,. $1316.
Union Ins., $410, ».
Providents, $5,15..
A.414ITEMH4
$2.86
GERMAN-RUSSIAN
NEGOTIATIONS
STOCKHOLM, June 9 (Reuter)
.04 off .06 up
Business Done:-180,000 shares
Relief For Shanghai Students, Teachers
CHUNGKING, Jane 9 (Centrasy While both London and Beriin areThe Executive Yuan has granted concerned regarding the Soviet at- $1,000,000 to relieve the students titude. It is considered in neutral
and teachers in Shanghai who ciroles that something has gone are in financial difficulties. wrong with the German-Russian negotiations.
The amount is distributed as follows: $395,000 for those in pri-
A certain sharpening in these vate technical schools, colleges and relations seems discernabe,
universities, $151,000 for those in The Germans profess to And schools in Klangsu which have re- some satisfaction in the fact that moved to Shanghal, and the re- the Russian radio has increased maining $453,600 for those in gov- German language broadcasts while ernment and private middle, pri- abstaining from anti-German pro-mary, vocational, short-term and Daganda.
public schools in Shanghai.
Patani
Swatow
(Johore) Tientsin » Mukden. Tokyo
New York Tsingtao Priping Yokohama Penang
PEIPING
(Peking) FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for Ons Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNTs also opened in CURRENT ACCOUNTS opened in Local Currency and Sterling with LOCAL CURIKKOY and FIXED DE interest allowed at rates obtainable PORTS received for one year or on application. shorter periods in Local and other Currencies on terms which will be undertakes Executor and Trustee
SAFE DEPOSIT BOXES of various sizes to let..
TRUSTEE
and EXECUTOR business undertaken. Hongkong, 28th February, 1941.
HONGKONG SAVINGS
BANK..
The Business of the above Bank is conducted by the HONGKONG · & SHANGHAI BANKING COR- PORATION. Rules may be ob tained on application,
For the HONGKONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 23th Feb., 1939.
THE CHASE BANK
The Bank's Head Office in London
business, and claims 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
5,398,600.00
Authorised Capital ....$10,000,000.00 Paid-Up Capital ...... Reserve and Undivided
Profits
2,983,261.30
Head Office HONG KONG No 10 Des Voeux Road, Central
"Board of Directors:
15, QUEEN'S ROAD, CENTRAL Li Koon Chan, Esq.
HEAD OFFICE:
18, PINE STREKT,
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 THE CHASE NATIONAL BANK, NEW YORK, with Resources of over U.S.$2,800,000,000.
D.. L. BALLANTYNE,
Manager.
WANT-ADS Cheap!
ARE
INDO-CHINA
STEAM NAVIGATION 'COMPANY LTD
Operating Services for Cargo and Paumongers
871
$9.00
TO-
28
$42
$14
Electrics (0) X. Rta, #21,00.
#24
SWATOW, SHANGHAI, TSINGTAU, CHEYOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE PENANG and CALCUTTA
SANDAKAN
HẠ PHONG
All steamers berth alongside the Roosevelt Terminal in the French Concessión at Shanghai, where passengers and cargo are landed.
For further particulara.
please apply to-
JARDINE MATHESON&Co.,LTD. TELEPHONE ZOSIL GENERAL MANAGERS
HON. SIR SHorsox Chow, Chairman
Li Lan Sang, Faq F. K. Kwok, Bag Wong Chu Son, Esq Wong Yan Tong. Beg. Fung Ping Wah Esq. Chan t'bing Shak, Esq.
.
KAN TONG PO, E39, Chief Manager HON. MR. L T Foxa, Manager
Hanko
Koba
Branches and Agencies:
Bingapore
London Mangan Sourabaya Manila Baigon
Swatow
Malbourne San Fran- Bydney
cinco Timmtala
How Y deale VANDOUTOR Paris
Peiping
Semarang
Shangbal
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposits re- ceived for one year or shorter periods, in Local and Foreign Cur- rencies on terms which will be quoted on application.
SATE DEPOSIT BOXES TO LET.
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN
INTERNATIONAL EXCHANGE
BANK
PAIDUP CAPITAL $40,000,000.00 (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 Excliange.
Head Office-SHANGHAI Hong Kong Branch:
4. QUEEN'S ROAD, C. South China Officea:
KONGMOON TOISHAN
CANTON
SWATOW
SHIUCHOW KINGCHOW
We also handle the issue of Bonds and other Public Fonds of ther Chinese Government both at Home and Abroad,
SHOU J. CHEN,
Hanager.
147
Reading Company,
Com
14k*
Canton
151
Remington Arms Co., Inc.
Chefoo
41
184
Republic Aviation Corp.
Colombo
Malacca
32
Sungei
Lyons Sourabaya BANKOW
Dairen
191*
Republic Steel
19
Foochow
Manila Muar
31
Reynold Tobac. "B"
297
Haiphong
37
Schenley Distillera
104
Hankow
21
Shell Valon Oll
·134*
Harbin
36
Secony-Vacunüm 01
91
Iloilo
50
Southern Pacific
11
Ipoh
34
Southern Rly $5 pid.
221
234
| Spicer Manufacturing. Co. 301
#
Standard Brands
54
187
Standard Gas & Elec.
**
57
Standard Oll of NJ,
38
139*
Studebaker Com,
47*.
quoted an application.
84
Swift International
18+
131
Technicolor
604*
Texas Corpn. .....
394
150
Trans-America Co.
41.
81*
20th Cent, Fox Film, Com. 51
261
Calon Bag & Paper Corp
101*
23
Union Pacific
.79
541*
United Aircraft
381
581
United Airlines Trans ..*** 101
324
Balted Corpn
#
127
United Corpn. $3 cumi pf.
224
30
United Gas Improvement 7
374
0.8. Rubber
213
137
US. Steel.
55
10+
Vanadium
241
121
Vultee Aircraft
64
163
Walworth Co.
44
15*
Warner Bros. Pict
31*
25
Westinghouse Kec.
911
241*
Woodward Iron Cor.
261
254
Chase National Bank
144
National City Bank
241"
21*"
Libby, McNell
DOW JONES AVERAGE
*
Industriala Rails" Utilities
June 8, 1941. June. 3 High Low Close 113.00
Change
119.01 118.28 118.89
97.62
27.70 27.05. 27.69
.89 up .07 up
17.36
Bonds
90.87
17.34 17.27 17.32 90.93
Commodity Index
70.01
Amay
Batavia
Boubay
Dalencia
Haiphong