(REUTER'S SERVICE)

4

New York, Junė 9.

High Low

Y

New York Cotton, July New York Rubber, July New York Hides, Sept. Chicago Wheat, July Chicago Corn, July

13.59

13.48

Close 13.49

Change

.08 up

22.19.

22.15

22,15

20 up

14.79 14.67

14.700

.04 up

103

101N

1021

1 up

STOCKS

741

723

721

14 of

Adams Express

445

On Singapore:---

13.67/67

On demand

..... 52 3/4

Closing Ranges Changes NY. COTTON: Notice date-25/8 CHICAGO CORN:

13.49/50

.08 up (July July

Sept. Oct.

Closing Ranges Changes,

Alleghany Steel Co...... Allis Chalmers..

721/721 743/743

1 off

Amer. Can

it off

American Cyanamid B.

Dec.

13,77/78

On Japan:-"

On demand

102

Jan.

13.79/79

10 up .14 ap

Amer. & Foreign Power

On India:-

Mar......

May

82 0/8

13.84/84 13.34/84 .16 up Saturday's Sales:-114,400 bales,

17 30

NEW YORK LARD;

Sept

10.75b N.Y. BLACK PEPPER: Sept.

Amer & Foreign $7 pt.

..03 up

Amer, Locomotive Co.

Amer, Metals

6.22b/258 .06 up

Amer, Radiator

Amer. Rolling Mill

July

Sept.

On demand 45 1/4

Dec.

On Park

Mar.

NY. RUBBER: Notice date-27/6

22.15/15 .20 up 21.70b/750 unch. 21.45/50 .15 of 21.31b/35a 11 ap

N.Y. COTTONSEED OIL:

July

Amer, S'ting and R'ing Co.

10.850/928 13 up NY. SUGAR No. 3 Notice date 24/6 July 2,50b/51a unch Sept.

2.53b/54a urich.

Amer, Sugar Refining

Amer. Tel, & Tel

Amer, Tobacco “B”

Amer. Waterworks

Bank Bills, on demand Now."

Anaconda Copper

May

21.00 N

.10 up

Atchison, T. & 8. Fe

Credits 4 months' sight Nom.

Total sales: -450 tons.

On Salzon:-

|| ..

On Manila:-

On demand

48.1/4

Sept Dec.

14.70b/75a 14.80/80

.04 up 08. up

N.Y, SUGAR No. 4: Notice date 17/6 July .... .821b/83ja 01 off Sept.

89b;.90a .014 off

Aviation Corp.

Baldwin Locomotive Co.

Baltimore & Ohio

Barnstall Ou

On Bangko

On demand

149 1/2

On Sterling · Notes:-

Total sales:-15 lots.

CHICAGO WHEAT:

Bar Silver per os.

Now. 23 3/8

July Sept.

1021/1023 104/104)

Saturday's sales: bushels.

7.74 N. 05 up

N.Y. COPPER: Notice date 27/6 1 ap 11 up

July

11.800/90a unch.

19,934000 N.Y. Official Silver

34-3/4 |NY1, London Cross Rate 4,03-1/4

Business done:-125 lots.

NEW YORK COCOA:

Sept.

Bendix Aviation ........

Bethlehem Steel

Bliss & Co., EW. (com.)

Boeing Airplane Co.

Borg-Warner

Briggs Mig. Co.

Budd M'facturing Corp.

Canadian Pacific

Chesapeake & Ohio Chrysler

Columbia Gas & Elec. Commercial Credit Co. Com, & Southern (Ord.) Consolidated Edison Co.

Consolidated Ou

Copperweld Steel

Curtiss Wright (C.)

Distillers Corp. (Seagrams)

Douglas Aircraft

Du Pont de Nemours Eagle Picher Lead Elec. Autolite Co. Elac Bond & Share

£

Elec. Bend & Share $5 pt. mec, Bond & Share $6 pr.

to

103-9/16

Elec. Power & Light $7 pt.

for Defence Loan, 3% .........

100+

Flatko

s

Canton-Kloon Rly. 5%

9

Gen. Electric

U. S. DOLLARS

Chinese 44% Gold Loan

Gen. Motors

Business was done early in the

1898 (Brit, Issue)

38

Gen. Rallway Signal

morning at 24.7/18 for Cash and Chinese 5% Gold Bonds. forward. The market

lunch time with sellers at 24.3/8 Chin. 44

for near and 24.7/16 for forward. buyers at 24.1/2 for any delivery,

Gen. Tire & Rubber

at closed

1925/47

98

bonds

advanced A

Goodrich (B.F.)......

Anglo-French

4

point.

Loan, 1908 .....

37

Goodyear Tire & Rubber ... Great Northern Iron Ore -

Chinese 5% Crisp Loan

+1912

IL

Great Northern Rly, pfd.

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

JUNE 10, 1941.

On London:--

па

Telegraphic "Transier. 1/2 7/5 Bank Biils, on demand 1/2 7/9 Credits 4 months' sight

On Shanghai:—

On demand

"

Telegraphic › Transfer.

and demand

On New York:-

Bank Bills, on demand 24 1/8 Credits, 60 days' sight 24 7/8

On Batavia:-

NEW YORK COMMODITY - MARKET

On demand......... 104 1/2 NEW YORK HIDES:

Bank Buying Rate

קני 12,

Business done:-53 lots.

فوتر

Market Report

FROM ROZA BROS. '

(Tuesday, June 10.

unchanged

Silver prices, were

yesterday, the quotations remain- LONDON STOCKTM

ing at 23.3/8 for both Ready' and Forward, Silver advices reported the market as being steady. Ameri- can Silver was quoted at 34.3/4 for Spot..

The London/New York cross- rate was quoted at 402.1/2. New York/London was quoted at 403.- 1/4.

Quiet.

MARKET

STERLING

There were sellers at 1/3 up September, buyers at 1/3.1/32

any delivery.

EXCHANGE

(REUTER'S SERVICE}

London, June 9. The following quotations are the middle prices at the close of the market in London. All quotalions are subject to confirmation and no responsibility Is assumed for errors in 'transmission,"

War Loan, 31%. (Red.

after 1952)

LONDON STOCK EXCHANGE

LONDON, June 10 (Reuter) The Stock Exchange yesterday was mainly firm, sentiments being en- couraged by the Syrian develop ment.

。。』

Gift-edged holdings, especially Indian stocks, rose generally on fair demand, Industrials were steady apart from a slight easing in stores and tobaccos.

Oil shares were quiet except Burma and Anglo-Iranian, which were slightly higher.

Kafirs were firm, especially non- producers which met with persia- tent demand. Westholds were 133. 9d. against 769, 60,

Japanisee

Wall Street was fron

NEW YORK STOCK EXCHANGE

Celanese Corp

QUOTATION

(REUTER'S SERVICE)

JUNE 10, 1941.

STOCKS

Johnsmanville

Kennecott Copper Libbey-Owens-Ford

t3

#

WEDNESDAY, JUNE 11, 1941.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

`BANKING CORPORATION

Authorised Capital $50,000,000 Issued & Fully Paid-Up 820,000,000

Reserve Funds: Sterling

'INDIA, AUSTRALIA AND CHINA Incorporated by Royal Charter, 1853

£6,500,000 Paid-Up Capital HIK. Currency Reservo $10,000,000 Reserve Fund Reserve Liability of

Proprietors

... $20,000,000

Head Office:-HONG KONG

Board of Directora: Hon, Mr. J. J. Paterson,

Chairman W. H. Lock, Esq., Chairman.

Deputy

Rangoon Saigon.

Patani Swatow

(Johore) Tientsin Mukden Tokyo New York Tsingtao Peiping

Penang

Yonohama

..&£3,000,000 ..£3,000,000

£3,000,000

Reserve Liability of Pro

pristors

HEAD OFFICE: LONDON:

38, Bishopsgate E.C.. Sub-Agencies. In London: 117/122, Leadenhall Street, É.C.3. West End Branch: 14/16, Cockspur Street, S.W.1. Manchester Brinch:

39, Musley Street, Manchester, 2

AGENCIES AND BRANCHES:

HONG KONG PENAÑO

ALOR STAR AMRITSAR- ILOILO

IPOH

KARACHI KLANG

КОВЕ

AGENCIES: KUALA !" OLIVE STREET FAIRLIE PLACK

CANTON CAWNPOKE Chau

HANKOW

LUMPUR

KUCHING MADRAS

MANILA

MEDAN

NEW YORK

PELPING

(Peking)

RANDOON,

SAIGON

SEREMBAN

SHANGHAI

SINUAPORE

SITIAWAN

SOURABAYA

TAIPING

TIENTRIN

TONGKAH

(Bhuket).

TSINGTAO

YOKOHAMA

FOREIGN EXCHANGE and General Banking Business transacted,

CURRENT ACCOUNTS opened and FIXED DEPOSITS 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 CCRRENT ACCOUNTS opened in Local Currency and Sterling with LOCAL CURRENOY and FIXED DE-interest allowed at rates obtainable POSITS received for one year or on application.. shorter periods in Local and other The Bank's Head Office in London Currencies on terms which will be undertakes Executor and Trustee quoted on application.

business, and claims recovery of SAFE DEPOSIT BOXES of British Income Tax overpaid, on various sizes to let.

terms which may be ascertained at

TRUSTEE and' EXECUTOR any of the Agencies and Branches, business undertaken,

·W. H. EVANS THOMAS,

Manager.

Hongkong, 26th February, 1941,

Last Sale

Last Sale

June 9

June 9

$

58

22$

361

281

Glass 28)

788

Lockheed Aircraft

24

371

Loew's Inc.

291

Martin, Glen L, Co.

28

18ì

Montgomery Ward

341

12)

National Aviation

81

17

Nat. Dairy Products

13

J. K Bousfield, Esq.,

61

National Distillers

19)

A. H. Compton, Esq.,

141

Nat. Power & Light

61

L. J. Davies, Esq.,

40%

National Supply Corp.

Hon. Mr. S. H. Dodwell,

G. Miskin, Esq.,

10)

New York Central

121

E. S. Morrison, Esq.,

158

Niagara Hudson Power ...

21

Hon. Mr. T. E. Pearce,

BANGLOE

632

N. American Aviation

144

48

|North American Co. (New)

12}

261

| Northern Pacific

64

Hon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,

Chief Manager. CALCUTTA

BATAVIA

BOMBAY

271

Packard Motors

21

34

Paramount Pictures

101

14

ennsylvania R.R

231

Amoy

Branches:

Johore

34

Phillips Petroleum

.........

43

Bangkok

Kobe

91

Pullman Inc......

271

Batavia

Kowloon San

342

Pure Ol

91

Bombay

Kuala

Francisca cOLOMBO

73

Radio Corpn. of Am,

31

Calcutta

Lumpur

Shanghai

DELHI

144

Reading Company, Com

141

Canton

London

Singapore

HAIPHONG

16

Remington Arms' Co., Inc.

43*

Chefoo

Lyons

Sourabaya

Colombo

171

Republic Aviation Corp.

Malacca

31

Sungei

Dairen

Manila

199

Republic Steel

19t

Foochow

Muar

37

Reynold Tobac. "B"

301

Haiphong

37

Schenley Distillera

93

Hankow

221

Shell Union Qu

143

Harbin

364

Socony-Vacuaum Oll

#

Teilo

574

Southern Pacific

111

| Ipoh

3+

Southern, Rly $5 pfd.

231

·

23

Spicer Manufacturing Co. 30* Standard Brands

52

184

Standard Gas & Elec,

51

Standard Oil of N.J.

381

141

Studebaker Com,

5+

84

Swift International

18+

133

Technicolor

70

Texas Corpn.

391

152+

Trans-America Co.

4:

81

20th Cent, For Film, Com.

51

27A

Union Bag & Paper Corp.

10

24

Union Pacific"

793

21

SHANGHAI DOLLARS "Opened with sellers at

453.1/2

with business done at 453.3/4. Sub-Chinese 8% Ster. Notes

receded and sequently the rate

business was done at 453, 452.3/4 Chin. Imperial Rly 5% 452.1/2 and 452.1/4. The market

Chinese 5 Reorg. 'Loan

1913 (Lan, Is.)

31

FEDERAL RESERVE

RETURNS

Great Western Sugar ...... Inter. Nickel

Inter. Paper & Power Int. Tel. & Tel. (Fon, Is.)

1925 (Vickers)

7-9

Loan

48

closed at 1 p.m. with sellers

452, buyers at 452.1/2

SHANGHAI MARKET

at Honan Rly. 5% 1905

10

Hukuang Rly. 5%, 1911

(L.P. N/Y Issue).

14

New York, June, 9 (Reuter).

(000's Omitted) May 27-

June 3 Total Loans $10,288,000 $10,189,000 Investmenta 17,689,000 17,378,000

ed with sellers

Opened with sellers of Sterling Hukuang Rly. 5%. 1911 at 3.19/64 and closed steadier

3.5/16 for Spot. U.S. Dollars open-Lung Tsing & Hal

at 5.11/32 and

at

(Germán Issue)

13.

closed with sellers at 5.3/8 for Spot. Steadler.

Rly. 5%, 1913, Shai-N'king Rly. 5%.

#

14

AFTERNOON MARKET

Quiet.

Tientsin-Pukow Rly, 5%

(Brit, Stpd.)

10

Middle

Tientsin -Pukow Rly, 5%

Price, 9268-5/8.

STERLING

(German Stpd.) Tlentsin-Pukow Rly, 5%.

10

The market closed with sellers:

at 1/3 up to September, buyers at Tientsin-Pukow Rly, 5%

.1/3.1/32 for any delivery.

.U. S. DOLLARS

Steady, Closed with sellers at 24.-

7/16 for near and forward, buyers Chartered Bank.

at 24.1/2 for Cash.

SHANGHAI DOLLARS

Quiet. Closed with sellers at 453 1/4, buyers possibly at 453.1/2.-

SHANGHAI MARKET Sterling closed a shade easier

with sellers at 3.19/64 for Spot and DS. Dollars at 5.11/32 "for Spot.

Shanghai Exchange

Shanghai, June 10 (Reuter),

Official T.T. Rates

(Brit. Stpd. Supi. Loan)

10

tim

(Ger. Stpd. Supl. Loar)

10

Jap. 6% Ster, loan, 1924

Gez. 7% Intl. Loan, 1924

41

82"

B.K.

& Shal Banking

Corp. (Lan Reg.)

75

H.K.

& S'hal Banking Corp. (Col. Reg.) Chinese Eng. & Mining

(bearer) Chosen. Corporation

79

11/.

LONDON GOLD.

Ready

4/-

Mercantile Bank of In

dla, 25, 00

111

London, June 9 (Reuter). Bar Gold, Fine per oz., 188/•

June 20 Settlement

July 19 Settlement"

| Pekin Syndicate

17-

S'hal Elec. Constr. Co.

18/.

Sha! Waterworks "A"

15

Union Insurance

22

Gula Kalumpong Rubber

15

Lon., Mid. & Scot., Rly.

12

Opening

Great Western Riy.

39

"

"

London

0/3-1/4

National Bank of India'

311

New York

5-1/4

B-A. Tob. (bearer)

B1/104

India

12

Dunlop Rubber

32/10)

22-1/4

Bristol Aeroplane ·.....

10/3

TO

nominal 21-5/8

Imperial Chemical Indu

30/9

United Steel

23/$

and TIENTSIN

Woolworths

47)

Sterling.

Marsman Investments

6/3

Western Holdings

11/-

Sub-Nigel

140/-

Spot.

Shell Trans. & Trad..

ww

(bearer)

40/-†

+ bid,

ex div.

$5-3/8

5-3/8.

5-3/8

Japan Paris Hongkong

Bellers

Opening Closing 0/3-19/64 0/3-5/16

June 0/3-19/64 0/3-5/16 July 0/3-19/64 0/3-5/16

Spot

U.S. Dollars

$5-11/32 5-11/32 June...... July 5-11/32

Market:-Quiet.

Sliver Duty Kate

The Central Bank of China's rate on London at 10 a.m. today was 1/2-1/24.

The Equalisation rate was 24

per cent.

Calcutta Exchange

231-274

Calcutta, June 9 (Reuter).

T.T: on Japan. 81-1/2

India Rupee Paper

Bombay, June 9 (Reuter). Govi 31% Rupee, 95-14-0

LONDON METALS

EXCHANGE - London, June 9 (Reuteri. Tin, Standard, Cash,

Tin, Standard, 3 months, Middle Price, £269-1/8.

Market steady and very with week-end strength in New York and the East attracted offers of "cash." After hours--5 tons for cash at £268-3/4.

United Kingdom weekly stocks 3,209 tons an increase of 162 tons

1940/41

DOW JONES AVERAGE -

High Low Dow Jones Averages 133.68 115.30 30 Industrials

29.75 26.64 20 20.65 17.22 15 92.19 89.56 40 59.76 65.45 11

Raila Utilities Bonds Commodity Index

SILVER MARKET

LONDON SILVER

London, June 9 (Reuter).

Silver-Very small Industrial Large quantities of cargo,

ters. Market steady.

"Spot, "23-3/8d

Forward, 23-3/8..

BOMBAY SILVER,

Bombay, June 9 Reuter) Market Steady Offtake 250 bars

Indian Mint Silver

The Japanese authorities are be removing the cargo said to back to Shanghal. Chinese con- skymorz are making an effort to secure the return of their property, and will shortly start negotiations with the Japanese authorities.

INDO-CHINA

STEAM NAVIGATION COMPANY LTD

Operating Services for Cargo and Passengers

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

KOBE and OSAKA

SINGAPORE, PENANG and CALCUTTA -

SANDAKAN

HA: HONG

All steamers berth alongside the Roosevelt Terminal in

the French Concassion at Shanghai, where passengers and cargo are landed.

For farther particulars

please apply to

JARDINE MATHESON&Co.,LTD.

TELEPHONE SOJIL · GENERAL MANAGERS &

HONGKONG SAVINGS,

The Business of the above Bank is conducted by the HONGKONG & SHANGHAI BANKING COR- FORATION. Rules may be ob tained on application.

For the HONOKONG & SHANGHAI BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong, 25th Feb., 1939.

BANK OF EAST ASIA, LIMITED

Authorised Capital ....$10,000,000.00 Paid-Up Capital"...... 5,595,800.00, Reserva and Undivided'

Profits

2,983,261.50

Head Office: HONG KONG No. 10 Des Voeux Road, Central

Board of Directors:

HON. SIR SHOUSON CHow, Chairman

15 QUEEN'S ROAD, CENTRAL Loon Chun, Eng. Li Lan Sang. Eaq.

18, PINE STREET,

NEW YORK.

An American Bank offering coca- plete Foreign Banking" Service in the principal Markets of the world. Interest Rates on Application.

SAFE DEPOSIT BOXES

This Book is entirely owned by THE CHASE NATIONAL BANK, NEW YORK, with Resources of over U.S.$2,500,000,000.

D. L. BALLANTYNE,

Manager

THE MERCANTILE BANK OF INDIA, LIMITED

Head Omeon: EQ.3

Gracechurch Street,

£2,000,000

Authorisat Capital di Subscribed Capital Paldear Capitid .. Reserve Fund and Rest

BANKERS: ***

The Bank of England and Midland

Bank, Ltd. BRANCHES:

Bwgkok Ipoh Bombay Satta Onicatin Colombo. Kandy

Kazachs

Delbl

Galle

Tongkong Howrah..

Keanten

Kota Bharu Kuala Liple

Kala Lumpur

Suala Trengga Madras How York

Penang Stogoon Shanghai

Firma

slagspora

HONG KONG BRANCH:"

Every description of Banking, and Exchange basiness, transistor,

TRUSTEE AND EXECITORSHIP

UNDERTAKEN

CURRENT ACCOUNTS opened in Local Our.

P. K. Kwok, Esq. Wong Chu Son, Esq. Wang Yan Tong, Esq. Fang Ping Wah Esq, Chan bing Sher, Esq.

KAN TONG PO, Esq, Clef Manager HON. MR. L Tae Foxo, fanager

Branches and Agencies: ||

Kowloos Proenz *gispspore

Yelbonton

Parly

Pelping

Rangoon

Baizon

Suurabaya

Boston

Han Fran. Sydney

cco Twatkin ›

Seattle Vancoarct

Benturang

Shanghal

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.

SAFE 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 PAID-UP CAPITAL $40,000,000.00 (BRANCHER ALL OVER CHINA) Owing to our numerous Branches in China and connections in the

rency and FRED DEPOSITS reived le Local principal Commercial Centres, of Carmacy & RTERLING on to that may be the World, we are able to extend ancertalnerton application.

.D. BENSON,

WANT ADS Trusted

to our Clients special facilities for

acer Domestic and Foreign Banking and

Exchange.

Head Office:--SHANGHAI Hong Kong Branch:

4, QUEEN'S ROAD, C. South China Offices:

KONGMOON TOISHAN

CANTON

SWATOW

SHIUCHOW 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:

541*

United Aircraft

39

581

Unlied Airlines Trans

101

324*

United Corpo

5/7

BANK

127

United Corpn. $3 cum pf.

22

*302

United Gas Improvement

7

·381

U.S. Rubber

213

137

U.S. Steel

561

101

Vanadium

241

123

Vultee Aircraft

16.

Walworth Co.

41

151

Warner Bros. Pict...

..34

252

Westinghouse Mec.

942

248

Woodward Iron Cor."

281

253..

Chase National Bank

143

21

National City Bank Libby, McNell

242

THE CHASE BANK

90.94 71.01. Business Done: -440,000 shares

June. 7, 118.89 27.68 17.32 90,93

June 10, 1941

High Low Close 120.97 118.99 120.16 27.68 27.57 27.85 17.51 17.31 17.45

Chango 1.27 up

.04 oft

13 up .01 up

HEAD OFFICE;

"

JAPS. CONFISCATE

CHINESE CARGO. SHANGHAI, June 10 (Reuter)—

con-

buying met by production

quar-signed by local Chinese merchants to the interior and which have been left in Ningpo following the fall of the port city. have been confiscated by the Japanese parts the Shumpao,

TC-

Amoy Saravia Jombay

London

Manila

CALLA

Halphong

Negataks

Hankow

Now Y

Beuolala

the

B2-13- 62-11 62-09

27,900,000

21,060,000

£1,244,888

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