New York, June 11 High Low Close Change 13.83 13.70 13.63 13.82 19 21,70 21.50 22.10 21.55b 55 off 14.83, 14.71 14.70 14.74 ,04 up

1021 102+ 101.

1011 73 723

721 721

On Shanghai:--

. Closing Ranges Changes N.Y. COTTON: Notice date-25/6

Dec.

On demand

445

July

..... 13.82/83

.19 up

On Bingapore:

Oct.

13.97/98

16 up

NEW YORK LARD:

On demand

52 3/1

Dec.

14,10/10

19 up

Sept.

10.358

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

NEW YORK COMMODITY MARKET

(REUTER'S SERVICE)

CLOSING QUOTATIONS New York Cotton, July

JUNE 11, 1941,

On London:---

Telegraphic Transter, 7/8 Bank Bills, on demand 1/2 7/8 Credits 4 months' aight

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

קני

NEW YORK STOCK EXCHANGE

STOCKS

Adams Express

QUOTATION

(REUTER'S - SERVICE)

JUNE 12. 1941.

231

STOCKS

Johnsananville

Kennecott Copper Libbey-Owens-Ford |Lockheed Aircraft

Loew's Ins. ..... Martin, Glen L."Co.

1 off i up

Last Sale

Last Sale

June 11

June, 11

FRIDAY, JUNE 13, 1941

BANKS

HONGKONG & SHÁNGHAI |THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital $50,000,000 |

INDIA, AUSTRALIA

AND CHINA"

Issued & Fully Paid-Up 820,000,000 Incorporated by "Royal Charter, 1858

Reserve Funds:

£6,500,000 Paid-Up Capital

ri

Sterling

H.K: Currency Reserva 110,000,000 | Reserve Fand Reserve Liability of

61

59

Proprietors............ $20,000,000

Reserve Liability of Pro

prietors

Closing Ranges Changes

14.79b/80a Tuesday Sales:-50 lots.

Alleghany Steel Co.

371

Head Office:-HONG KONG

.£3,000,000 ......£3,000,000

..£3,000,000 HEAD OFFICE: LONDON:

04 up

Allis Chalmers

29

Glasa

38

Amer. Can

801

241

Board of Directors:

1:

American Cyanamid B...

37

301

Hon, Mr. J. J, Paterson,

15 up

Amer. & Foreign Power

1

287

On Japan-

Jan.

.14.10/10

21 up

Amer & Foreign $7 pf.

201

Montgomery Ward

381

W. H. Lock, Esq.,

"On demand

102

On India:-

Mar May

Telegraphic

Transfer.

-82 5/8

and demand ............

On New York:-

Bank Bills, on demand 24-1/ Credfis, 60 days might 94 7/8

Sept.

Dec.

On Batavia:--

On demand............ 45 1/4

Mar.

On Paris:

May

Bank Bills, on demand Nom,

On Manila:—

Credits months' sight Now.

On Saigon:-

On demand 104 1/2 Sept.

On demand.......... 48 1/4

14.16/17

fo up 14:15/15 Tuesday's sales:-129,600 bales. N.Y. RUBBER: Notice date-27/6

21.55b/60a.. July

.55 off 21.25/25

50 off 20.95b/21.00a 49 off 20.60b/703 20.30 N Total sales:-960 tons. CHICAGO WHEAT. July

10131012 103/103 Total sales:-12.378,000 bushela,

.19 up

NY. BLACK PEPPER; Sept.

Amer, Locomotive Co.

127

National Aviation

8*

Deputy Chairman

10.04/04

19 off

17

Amer, Metals

18

Nat Dairy Products

13

J. K. Bousfield, Esq.,

N.Y, COTTONSEED OIL:-

11.17b/20a July

Amer. Radiator

67

National Distillers

20+

A. H. Compton, Esq,

.14 up

Amer. Rolling Mil

147

Nat, Fower & Light

B4

L. J. Davies, Esq.,

July Sept.

7 off . off

N.Y. SUGAR No. 3: Notice date 24/6)

.05 up 2.58b/57% July i

2.58b/60a 05 up Sept.

Business done:-533 lots. .55 off NY, SUGAR No. 4: Notice date 17/8"

.85b/.88 014 up 01 up .911b/929 Volume of busines sdore::-566

Amer. Sting and R'ing Co.

41

National Supply Corp.

Amer. Sugar Refining

167

vew York Central

121

Amer. Tel, & Tel.

1601

Niagars Hudson Power

27

""

Amer. Tobacco "B" Amer. Waterworks.

661

N. American Aviation

143

North American Co. (New)

13

Anaconda Copper Atchison, T. & S. Fe. Aviation Corp.

211

Northern Pacific

81

27

Packard Motors

21

31

Paramount Pictures

107

Branches:

Baldwin Locomotive Co.

144

Pennsylvania R.R.

23

lots.

Baltimore & Ohio

31.

Phillips Petroleum

431

Amoy

Johore

NEW YORK COCOA

Barnsdall Ou

91

Pullman Inc...

272

Bangkok

Batavia

Kobe Kowloon

San

F

·CHICAGO CORN:

Sept. 7.78N

:04 off

Bendix Aviation .....

.358.

Pure Oll

10

On Bangkok!---

July

727/721

On demand

19 179

Sept

74b

up † up

N.Y. COPPER: Notice date 27/6 July

11,80b/$4a

Bethlehem Steel

747

Radio Corpn. of Am,

Bombay

Kuala

Francisco coLOMBO

31

Calcutta

Lumpur Shanghai

On Sterling: Notes:-

Bank Buying Rate

Now.

Bar Bliver per os

23/38

NEW YORK HIDES:

14.74/74 Sept,

NY. Official Sliver

10 OIT 34-3/4

Bliss & Co., E.W. (com.) ...

15

Reading Company,

Com

144

Canton

London

Boeing Airplane Co.

18

Remington, Arins Co., Inc.

41*

Cheloo

Lyons

.04 up

N.Y./London Cross Rate 4.03-1/4

Borg-Wamer

173

Republic Aviation Corp:

31

Colombo

Malacca Sungei

Briggs Mfg. Co.

20

Republic Steel

191

Dairen

Manila

London

New York

Opening 0/3-1/4

5-1/4

Shanghai Exchange

Shanghai, June 12 (Reuter). HONGKONG SHARE QUOTATIONS

Official TT. Rates

STOCK EXCHANGE,

Bayen Bailers

Budd M'facturing Corp..

37

Reynold Tobac, "E"

Foochow

304

Canadian Pacific

37

Schenley Distillers

91

Haiphong

Hankow

Celanese Corp.

231

Shell Jalon Qu

14

Harbin

Chesapeake & Ohio

371

Socony-Vacunum Of

9

Iloilo

SHAREBROKERS'

ASSOCIATION

Chrysler....

591

Southern Pacific

110

Ipoh

Sala

Nominal

WEDNESDAY

Columbia Gas & Elec.

3 1

Southern Rly $5 pfda.

234

Buter Ballisti S

Youtu

Commercial Credit Co.

231

Paris Hongkong

India ...

Japan

12 -22-1/4

nominal

21-5/8

11 JUNE.

Banks

spleer Manufacturing Co." 30

Com, & Southern (Ord.)

3

Standard Brands

52

Consolidated Edison Co.

181

Standard Gas & Elec.

+

Sterling

Sellers

Opening

Closing

$71

Spor

0/3-19/64 0/3-19/04

12. PRE

1:40:

£23 Mercantile Bks." "A".

$1318 H.K. Banka

£78

De. Col. Reg.)....

£75+

Do. Lob. Reg.)

EAZ

Chartered Backs

£11

Mercantile B. "C".

Bank of East Asia...... $71

$1316

Consolidated Of

5%

Standard Ou of NJ.

381

Copperweld Steel

15

Studebaker Com.

53

£75)

Curtiss Wright (C.).......

81

183

Swift International

187

quoted on application.

£231

Distillers. Corp. (Seagrams),

131

Technicolor

81

SAFE DEPOSIT BOXES

Douglas Aircraft

70

Texas Corp.

394

various sizes to 1rt.

Du Pont de Nemours

1511

Frans-America Co......

4+

June

0/3-19/64 0/3-19/64

-July

0/3-19/64 0/9-10/84

ID.

U.S. Dollars

A:

$1

Underwriters

Spot

$5-3/8

$5-3/8

$178

N. C. & 9. Banka...... 17 et

Insurances

X.D. #208 Canton Insurances..............

$400 Union Insurances.

H.K Fires..

Eagle Picher Lead

$4

20th Cent, Fox Film, Com.

5

Elec. Autolite Co.

271

Union Bag & Paper Corp.

111

$220

Elec Bond & Share

21

Union Pacific

81

..

8410

Eec. Bond & Share $5 på.

544

United Aircraft

393

76 cta.

Elec Bond & Share $8 pí.

58)

United Airlines Trans ***

11

$176

June

5-3/8

5-3/8

Shipping

Elec. Power & Light $7 pf.

334

United Corpn.

12/16

Chairman.

Hon. Mr. S. H. Dodwell,

G. Miskin, Esq...

K. 8. Morrison, Esq., Hon. Mr. T. E. Pearce, Hon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,

Chief Manager.

Muar

Rangoon Saigon.

Singapore

38, Bishopsgate E.C.g. Sub-Ageneles In London: 117/19, Leadenhall Street, E.C.3. West End Branch: 14/16, Cockspur Street, S.W... Manchester Branch:

3, Mosley "Street, Manchester, 2

AGENCIES AND BRANCHES:

HATAVIA BOMBAY CALCUTTA

AGENCIES OLIVE STREET. T FATALER PLACE

CANTON CAWNPORE CEYL

DEL NI HAIPHONG

Sourabaya BANKOW

Patani Swatow (Johore) Tientsin Mukden Tokyo New York Tsingtao Peiping Yokohama Pecang

HONG KONG PENANG ILOILO

IPOK KARACHI

XLANG KOBE

KUALA

LUMPUR

KUCHING MADRAS MANILA

MEDAN NEW YORK PELPING

SINGAPORE

SITIAWAN

30CRABAYA

TAIPING TIENTS IN

TON CHAK

(Bhuket) TSINGTAO YOKOHAMA

(Peking) FOREIGN EXCHANGE and General Banking Business transacted,

CURRENT ACCOUNTS opened And FIXED DEPOSITs received for Ou 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 CURRENCY 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

business, and claims recovery of

of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches, W. H. EVANS THOMAS,

Manager.

TRUSTEE and EXECUTOR business undertaken. Hongkong, 28th February, 1941.

HONGKONG SAVINGS

BANK

ALOR STAE AMRITSAR BANGKOK

RANGOON

SAIGON

SEREMBAN

SHANOBAI

July......

5-3/8

5-3/8

$128

Flintkote

13)

Douglases.

United Corpo. $3 cum pt.

224

$120

Market: Quiet.

$6

Steamboott

Gen, Electric

314

$8

United Gas Improvement

7

The Business of the above Bank

$80

Indo-Chinss (Prof.)..

$81

Gen Motors

391

U.S. Rubber

12"

is conducted by the HONGKONG

Calcutta Exchangë

$60

Indo Chinas (Det.)

$80

Gen. Rallway Bignal

144

U.S. Steel

561

& SHANGHAI BANKING COR-

I.D. 40/7

Shelis

40/71

Gen. Tife & Rubber

11

Vanadium

251

Calcutta, June 11 (Reuter).

$6.55 Waterlonta

Goodrich (BF)

13)

tained en application,

Vultee Aircraft

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

Docks, Wharves,

Godowns, etc.

Goodyear Tire & Rubber ...

17

Walworth Co.

47

BANKING CORPOBATION.

#87

1.K. & K. Wharves.

896!

Great Northern Iron Ore ..

15*

Warner Bros. Pict.

3A

India Rupee Paper

Bombay, June 11 (Reuters. Govt 34% Rupee, 95-14-0

LONDON STOCK

EXCHANGE

(REUTER'S SERVICE)

London, June 11. 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, 31% (Red.

after 1952)

$5.30 #61

Providents...****

$5.20

Great Northern Rly, pid.

251

Westinghouse Elec,

$15.90 $16.40| $15

A.K. Docks (Old)...........] $14,90

Great Western Sugar ...***

251

Woodward Iron Cor.

27골

!!

H.K. Bocki (New)...

Inter, Nickel

263

Chase National Bark

291

V.. M. GRAYBURN,

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

12/0

28

824+Shanghai Docks.

Kailans

Kaube

{1} eta.] Hong Kong Minea........

$241

Inter. Paper & Power

147

National City Bank

252

Mining

Int. Tel. & Tel: (Fon, Is.)

23

Libby, McNell

-11/0

#8

DOW JONES AVERAGE.

Lands, Hotels and Buildings

1940/41

June 12, 1941.

$9.90

$312

$2.05

23

$98

H.K. & S. Hotela.....

$3

H.K, Lands..

8312

High Low Dow Jones Averages 133.49 115.30 30 29.75 28.54 20

$974 Do. 4% Debentures...

3971

Defence Loan, 3% Canton-Kloon. Rly. 5% Chinese 44% Gold Iwan 1898 (Bzit. Issue) ...... Chinese 5% Gold Bonds.

1926/47

103-5/8 10017

9

$16.30 $16,45] #161

38

X.D. X.D. $3

$14.40 Shanghai Landa.

H.K. Realtios:

18.40 Humphrey

Chinese Estates.

Cotton Mill.

$349.).......

$265 S'hai Cottona (8.)...

Zoong Sings (9.)....

Wing On Textiles (8

Public Utilities

H.K. Tramways........

Teak Tramu (old)....

20.65 17.92 15 92.19 89.58 40 71.06 55.45 11

Industrials Rails Utilities

Jane. 10, High Low Close

121.89

Change

192.64 121.46 129.18

.29 up"

26.20

28.38. 28.09 28.20

.06 up

17.55

17.67 17.49 17.60

.05 up

Bonds

Commodity Index

81.17 71.00

.04 up 71.27 .21 up Business Done: 540,000 shares

81.21

$8.40

#34)

$266

8125

Middle

$18.35

215

buying

quarters

Price, £266-1/8, 0

851

Peak Trame (Bow)... Star Ferries.....

247

$21.35

38

$6

46

Chin. 4% Anglo-French

Loan, 1908

Chinese 5% Crisp Loan

1912

5

$1,30

$21

'mati Ferries.

China Light (0)

X.Rta 821.60H, K. Electrics (Old).....)

H. K. Keetrics(New)...)

$21

China Lights (New)

$1.25

X.R.

322

11.10

H.K. Electrio (Res)

Chinese 5% Reorg. "Loan..

1913 (Ldn. a.) · Chinese 8% Ster. Notes

1925 (Vickers)

$19.40

$18

31

811.70 $22.15

7-9

#81 89.10

་་་

Macao Electrica

Marno Electrics

Sandakan Lights.......... Telephoces (old)....... Telephones (new)........

Chin. Imperial Rly.5%

Loan

48.

Honan Rly. 5% 1905

10

Hukuang Rly. 5%. 1811

(LP. N/Y Issue)

14

$13.40

Hukuang Rly. 5%, 1911

$7

(German Jasue)

13

Lung Tsing & U Hal

894 31%

Rly, 5%. 1913

.9

S'hal-N'king Rly 5%

14

Tientsin-Pukow Rly. 5%

#17

(Brit. 'Stpd.)

10

Tientsin-Pukow Bly, 5%

H.K. Bopesber HE. Govt. Loans

1974% Loaz

$91 81%

(1940).

Miscellaneous

Dairy Farms...!.

· $1.60 | Constructicas. {old)...

(1934).

Ready

62-14

830

125

Industrials Cald., Macg. (Ord.) S. Cald., Macg. (Pref.)S

June 20 Settlement

62-12

July 19 Bettlement

62-10

Canton Tees........................... Cements

75 ets.

$134

$6.95

07% 941

$17

Entertainmenta -****

B

$1.65

$1

Constructions (now)...

TO-

(German Stpd.)

10

X.D. 36 48 Lane Crawfords....

Tientsin-Pukow Rly: 5%

喝啦

Nanyang Tobacco......

$3.80

(Brit. atpd. Supl. Loan)

10

Tientsin-Pukow Rly. 5%

$9.00

H

(Cer. 8tpd. Supl, Loan) Jap. 8 Ster, Loan, 1924 251-30 Ger. 7% Intl, Loan, 1924, 4

10

28

$2.15 Sirceres

C. G.6

$2,20

Watsona

$9,60

1925G$ Bda.

28%

$39

I.K. Wing On

$49

S'hai Wing Un

$14

$7.20 Vibre Piling

HK & Shal-Banking

Chartered Bank ......

Corp. (Ldn, Reg.).....

81

8/3

Morsmans Isv, (Log,'

2/1

Marsmans Inv. (H.K.)

76

#14 Wa. Powells.......

$11

HK. & Shai Banking

Wi

Lights Rts...

Corp. (Col. Reg.)........

†Bale to Shanghai'

Chinese Eng., & Mining

(bearer) Chosen Corporation

11/-

4/

Mercantile Bank of In-

dia, 25. "C

111

Pekin Syndicate

S'hat Elec, Constr. Co.

et

Gula Kalumpong Rubber 15 Lon, Mid. & Scot.. Rly." 131 Great Western Rly. ·324 National Bank of India 314

¡United Steel

23/71

Woolworths

48

Marsman Investments

6/3

1/-

B.-A, Toh. (beare:)

14/-

Dunlop Rubber

Shal Waterworks "A"

15

Union Insurance

22

Bristol Aeroplane ...............

Imperial Chemical Ind

82/u 93/3

to Bhell Trans.

31/1

(bearer)

* bid

Western Holdings Sub-Nigel

12/3

142/0

& Trad.

40/71

+ ex. div.

SILVER MARKET

LONDON SILVER

London, June 11 (Reuter). Silver-Negligible trade

met "from

production

Market steady. In the afternoon, the market was steady with no

business.

Spot, 23-3/8d

Forward, 23-3/8d.

BOMBAY SILVER

Bombay, June 11 (Reuter). Market-Steady Offtake 100 bars,

Indian Mint Silver"

LONDON METALS

Tin.

EXCHANGE

London, June 11 (Reuter).

Standard, Cash,

Tin, Standard, 3 months, Middle. Price, £267-1/8.

Market steady in spite of lower quotations Mo- United States derate business transacted direct with Eastern shipment at 30/- advance but London buying inter- est insufficed to maintain early advance.

LONDON GOLD · London, June 11 (Reuter). Bar Gold, Fine per oz., 188/-

WANT-ADS ARE SURE

INDO-CHINA

STEAM NAVIGATION COMPANY LTD

Operating Services for Cargo and Passengers

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

BINGAPORE, PENANG and CALCUTTA

SANDAKAN

HAIPHONG

All steamers berth alongside

the Roosevelt Terminal in

the French Concession at.

Shangbai, where passengers

and cargo are landed.

For farther particulars

please apply to.

JARDINE MATHESON&Co.,LT TELEPHONE ZOZIŁO GENERAL MANAGERS.

BANK OF CHINA

Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE

BANK

PAID-UP 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 Föreign Banking and Exchange.

Head Office:--SHANGHAI

Hong Kong Branch:

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

KONGMOON

SWATOWTOISHAN

&HIUCHOW KINGCHOW

We also handle the issue of Bonds and other Public Funds of the Chinese Government both at Home and Abroad.

SHOU J. CHEN,

A

D. L. BALLANTYNE,

12th June 1941.

BANK OF EAST ASIA, LIMITED

PORATION, Bules may be ob-Authorised Capital $10,000,000.00

For the HoxOKONG & SHANGHAI Reserve and Undivided

THE CHASE BANK

15, QUEEN'S ROAD, CENTRAL

HEAD OFFICE:

18, PINE STREET,

NEW YORK. An American Bank offering com- plete Fareiga Banking Service in the principal Markets of the world.

SAFE "DEPOSIT BOXES

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

Board of Directors:

HON. SIR SHOTSON CHOW, Chairman Li Koon Chun, Esq. Li Lan Seng. Enq F. K. Kwok, Eq. Wong Chu Sen, Esq Wong Yun Tong, Esq. Fang Plug Wab Feq. Chan bing Shack, Esq. KAN TONG PO, Esq, Chief Manager HON. MR. Li Tsz Foxo, Manager

Branches and Agencies:

Pensag Kowloon - Loudon

Marija

Bingapore itangan Bear baya

Bwntow

elaco Tiantaifa

Semarang

Shanghai

Vancouver

Every description of Banking and

This Bank is a subsidiary of The Chass National Bank, New York, with Resources of over Exchange business transacted. Loans U.S.8.3,800,000,000.

granted on approved securities.

Current Accounts opened in Local

Manager. 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.

Paid-Up Capital

Profita

5,588,800.00

2,963,261.50

Amey

Batavia Bombay

Badzon

Cheatin

Melbourne

Haiphong

Hagusaks

Bankow

New X k

Seatin

Hasalala Paris

Koba

Palpinx

Manager.

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