(REUTER'S SERVICE)
New York, June 12. High Dow Close 13,91 13.71 13.82 13,73 ..09 off 21,55 21.25 11.55b 21.27 29 off
14.85
1013
100 1011 100
T3
728 127 73
Closing Ranges Changes Į
N.Y. COTTON; Notice date-25/8 CHICAGO CORN:
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
།
MONEY AND NEW YORK COMMODITY MARKET
EXCHANGE
CLOSING QUOTATIONS
JUNE 13, 1941,
On London:~~~
Telegraphic Transfer. 1/2 7/8 Bank Bills, on demand 1/2 7/8 Credits 4 months” sight.
New York Cotton. July New York Rubber, July New York Hides, Sept. Chicago Wheat, July Chicago Corn, July .............
נו
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
JUNE 13, 1941,
STOCKS
Sterling
14.63 14.74 14.80 .08 up
STOCKS
Last Sale
Last, Sale
SATURDAY, JUNB 14, 1941.
BANKS
HONGKONG & SHANGHAT THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital......... 860,000,000
INDIA, AUSTRALIA
"AND CHINA
Issued & Fully Paid-Up 800,000,000 | Incorporated by Royal Charter, 1853
Reserve Funds:
H.E. Currency Reserva $10,000,000 Reserve Fund
£6,500,000 Paid-Up Capital
of
June 12
June 12
Reserve Liability of
up
Adams Express
61
Closing Ranges Changes
Alleghany Steel Co.
231
Johnsmanville
Kennecott Copper
ᎦᎢ
Proprietors
$90,000,000
Reserve Liability of Pro-
prietors
£3,000,000. ...£3,000,000
£3,000,000
371
Head Office:---HONG KONG
Allis Chalmers
291
| Libbey-Owens-Ford
Glass 27
On Shanghai:--
Amer. Can w
821
| Lockheed Aircraft,
241
Board of Directora:
On demand
July
13,73/73
445
On Singapore:--
Oct.
13.91/91
On demand
52 3/4
Dec.
14.02/03
Jan.
14.04/01
06 off
On Japan
On demand
102
On India:
March May
Telegraphic
Transfer:
$82 5/5
and demand
On New York:-
14.08/08 .10 off 14.07/07
.08 off
Wednesday's sales:-155.300 bales, N.Y. RUBBER; Notice date-27/6
July
*21.27/31
Bank Bills, on demand. 24~1/8
Credits, 60 days' sight 24 7/8
Sept.
21.02b/05a
28 of .23 of
Dec.
20.75/80
ין
.20 of
On Batavia:...
.09 off July
73/73 .06 of Sept. ....... 75/742 .08 of NEW YORK LAED: 10.35a Sept. NY. BLACK PEPPER: Sept.
5.85b/90a NY, COTTONSEED OIL: July
11.27b/28a Jo up. NY. SUGAR No. 3: Notice date 24/6
01 off July
2,55b/57a 2.50b/57a Rept.
.02 off
i' up
American Cyanamid B.
38
Loew's Inc...
301
Hon, Mr. J. J. Paterson,
21.
Amer, & Foreign Power, Amer 3 Foreign $7 pl. va Amer, Locomotive Co
Martin, Glen L. Co.
281
204
Montgomery Ward
361
W. II. Lock, Eag.,
19
National "Aviation
81
Amer, Metals
171
19 0
Amor Radiator
67
Nat Dairy Products
National Distillers
131
J. K. Bousfield, Eaq..
20
A H. Compton, Esq.,
Amer. Rolling Mill make
141
Nat, Power & Light
+9
I J. Davies, Esq.
Amer. Sting and Ring Co.
41
| National Supply Corp.
6
Hou, Mr. S. H. Dodwell,
Amer, Sugar Redning
171
New York Centaal
124
Amer. Tel & Tal
160元
Niagara Hudson Power ...
37
Amer. Tobacco "B"
66
N. American Aviation .....
149
Amer. Waterworks
11.
North American Co: (New): 127
Mar,
On demand .......... 45. 1/4
20.53b/55a
.07 off
On Paris:-
May
20,23 N
07 off
Bank Bills, on demand Nom. Credits 4 months' sight Noin.
On Balgon:-
Total sales-1,310 tons.
On demand
************* 104 1/2
NEW YORK HIDBS: Sept.
14.80/81
Dec.
14.83 N
.08 up 04 up
Business done:--582 lots.
N.Y, SUGAR No. 4: Notice date 17/6 May
20.23 N Sept.
Business date-293 lots,
Anaconda Copper
271
Northern Pacific
61
Atchison, T. & S. Fe.......
291
Packard Motors
21
M OI
Aviation Corp
34
Paramount · Pictures
.11
1911b/.920
unch.
Baldwin Locomotive Co.
141
Pennsylvania R.R.
233
Baltimore & Obly
31
Phillips Petroleum
434
Amoy
Barnsdall Ol
94.
On Manila
On demand
******* 48 1/4
On Bangkok:--
On demand ......
149 1/8
100/1001
On Sterling Notes:-
Bank Buying Rate...
Now.
T
Government Securities
New
Other Securities:---
Total
Notes and Coins
Total Bullion
any
re;
US Securities held
Federal Reserve Ratio
Bar Silver per os....... 2336
Market Report
FROM ROZA BROS.
Friday June 13
Silver prices were unchanged over the holiday, the quotations remaining at 23.3/8 for both Ready and Forward. Silver advices ported the market as being steady with no business. American Silver was quoted at 34.3/4 for Spot.
-TA-
The London/New York cross- rate was quoted at 402.1/2, York/London was quoted at 403.- 3/4.
MARKET
Extremely duž
STERLING
No business was reported. There were sellers at 1/3 up to Septem-
for ber, buyers at 1/3.1/32 delivery.
U. S DOLLARS There were sellers at 24.7/18 for near and forward, buyers at 24.1/2 for Cash. No business was ported.
SHANGHAI DOLLARS Bome business was done early in the morning at 453.1/4 and 493. The market closed at 1, p.m. 'sellers at 452.1/2, buyers at 453.
SHANGHAI MARKET
with
Sterling opened with sellers at 3.19/64 for Spot and closed with sellers at 3.5/16 for Spot. U. 8. Dollars, there were sellers through- out the day at 5.3/8 for Spot.
AFTERNOON MARKET The market was quiet in the afternoon... No business was re- ported.
STERLING
The market closed with sellers
1/3.1/32 for any delivery.
U. 8. DOLLARS
The market, closed with
Public Deposit Other Deposits:-
Bankers
Other Accounts Total
Notes in circulation
FEDERAL RESERVE SYSTEM
NEW YORK, June 12 (Reuter). June 6 (1940) June 5
Bille Bought-
Federal Reserve Credit Outstanding 2,530,000 Monetary Cold Stocks ... Industrial Advances
at 24.7/16 for near and forward, War Loan, 3%
buyers at 241/2 for Cash,
SHANGHAI DOLLARS Bellers at 452.3/4, buyers at 453. SHANGHAL MARKET Sterling opened with sellers at 3.5/16 and closed with sellers at 3.19/64 for Spot. US Dollars, 5.3/8 sellers for Spot.
Shanghai Exchange
1898 (Brit. Issue) .......... Chinese 6% Gold Bonds.
1925/47 Chin. 41% Anglo-French
Loan, 1908
£
dia, £5, "C
111
at 1/3 up to September, buyers at
The following quotations are the Pekin Syndicate raiddle prices at the close of the 'hai Elec, Constr. Co. market in London. All quotations S'hai Waterworks "A" are subject to confirmation and ria Union Insurance responsiblity is assumed for errors Gula Kalumpong Rubber 15 in transmission.
1/-
16/-
15
22
sellers
(Red,
after 1952) Defence Loan, 3% Canton-Kloon Rly. 5% Chinese 4% Gold Loan
103-9/18 1002t
9
United Steel ...
23/7
38
Woolworths
48/3
Marsman Investments
8/3
36
༤.*
Western Holdings
13/3
Sub-Nigel
142/6
..37
Shell
Trans
& Trad.
Chinese 5% Crisp Loan
1912 Chinese 5% Reorg. Loan
1913 (Ldn. 18.)
(bearer)
41/3
23
* bid.
t ex. div.
31
Opening
Chinese 8% Ster. Notes
1925 (Vickers)
7-9
0/3-1/4. 5-1/4 19
Chin. Imperial Rly. 5%
Loan
48
Horan Rly, 5% 1905
19
22-1/4
Fukuang Rly. 5%. 11.
nomina?
(LP. N/Y Issue)
14
21-5/8
Hukuang Rly. 5%. 1911
(Germán Issue)
13
Sterling
Sellers
Opening Closing
Spot
0/3-19/64 0/3-5/16
Jime
0/3-19/64 0/3-5/18
July
0/3-19/64 0/3-5/18.
Lung Taing & U Hal Riy. 5%, 1913. ...... S'hai-King Rly. 5%..... Tientsin-Pukow Bly, 5%
(Brit, Stod)
TO
9 14.
10
U.S. Dollars
Spot
$5-3/8
35-3/8
Tientsin-Pukow Rly, 5%
(Germán Stpd.) Tientsin-Pukow Rly. 6%
10
June
5-3/8
.5-3/8
10
July
5-3/8
5-3/8
Market: Quiet.
Shanghai, Jiné 13 (Reuter).
(Melay TT, Rates
London
New York
India
Japan
Paria Hongkong,...
ཚསྶ✖ ུ་སྐབ
Wednesday's sales:-60 lots,,
NY, CORRER: Notice dese 27/a
CHICAGO WHEAT-
July
off July Sept
off NY. Official Bilyer 7 1021/102) Total sales:-15,108,000 bushels. NY/London Cross Rate 4.03-3/4
NEW YOBE COCOA Sept.
Pullman Inc...........................................
271
Bangkok
Kobe
Chairman.
Deputy Chairman.
G. Miskin, Esq.,
E. S Morrison, Beq.. Hon. Mr. T. E. Pearce, Hon. Mr. A. L. Shields, Bir Yandeleur M. Grayburn,
"Okiet Manager.
Branches: Johore
Rangoon Saigon
HEAD OFFICE: LONDON:
as, Bishopsgate E.C.2. Sub-Agencies In London: 117/129, Leadenhall Street, E.0.3. West End Branch: 14/16, Cockspur Street, S.W.L. Manchester Branch.
39, Mosley Street, Manchester, 2
AGENCIES AND BRANCHES:
HONG KONG PHƯƠNG
ALOR STAR
BOMBAY CALCUTTA
ILOILO IPOH KARACHI
KLANG
KOBE
BANGOON
SAIGON
SEREMBAN
BANGHAI-
SITIAWAN
AMRITSAR
BANGKOK
BATAVIA
SINGAPORE-
Batavia
Bendix Aviation
36
Kowloon San
AGENCIES: KUKLA OLAVE SYRIEN FAIRLIN PLACE CANTON CAWNPORE
MERU
SOURABATA
LUMPUR
TAIPING ..
KUDHINGTM MADRAS
TIENTSIN
TONGKAR
MANTLA
(Bhuket)
Pure Oll
91
7.79 N
01 up
Bethlehem Steel
741
Bombay
Kuala
Francisco coLOMEO
MEDAN
*TSINGTAO
Radio Carpa, of Am....
31
Calcutta
Bliss Co., EW.. (com.)...
151
Reading Company,
Com
144
Canton
11.80b/94a
unch: 34-3/4
Boeing Airplane Co. .....................
16
Remington Arms Co., Inc.
4+
Chefoo
Lyons
Lumpur Shanghai DHI
Sourabaya
NEW YORK
YOKOHAMA
London Singapore HAIPHONG
BANKOW
Borg-Warner
171
Republic Aviation Corp. ...
31
Colombo
Malacca Sungei
Briggs Mfg. Co.
201
Republic Steel
191
Dairea
Manila
Budd' M'Tacturing, Corp. |
31
"Reynolt Tobac. "B".....
Foochow
Muar
Patani Swatow
301
Canadian Pacific.
Schenley Distillers
9*
Hankow
Celanese Corp.
231.
Shell Union
34
Harbin
BANK OF ENGLAND
LONDON, June 12 (Reiter).
Chesapeake & Ohio Chrysler
371
Socony-Vadinum Of ......
Iloilo
584
13
Bouthern Pacific
121
Ipoh
June B
June 12
Columbia Gas & Elec........
3
Southern Rly 35 pid.
24
(000's Omitted)
£
&
Commercial Credit Ca.... Com, & Southern (Ord.) ...
234
Spicer Manufacturing Co.
90
*
Standard Branda ......
58
10,930
. 7,040
Consolidated Edison Co. ..
183
Standard Gas & Elec.
OF
Consolidated Oil
6
Standard Oll of NJ.
381
131,870
122.670
Copperweld Steel
15
Studebaker, Com
51
j... 52,050
51,300
Curtiss Wright (C.)
87
Swift International
187
173,920
173,970
Distillers Corp. (Beagrams)
13%
Vechnicolor
:30,310
129,000
Douglas, Aircraft.
70
various sizes"to lot.
Texas Corpn.
Du Pont de Nemours"
1521
Trans-America Co.
42
Discounts and Advances Securities
6:450
5.100
Eagle Picher Lead .......................
31
20th Cent, Fox Film, Com.
S
Elec. Autolite Co,
281
19,330
19,820
Union Bag & Paper Corp.
111
25,780
24.920
Bec. Bond & Share
23
Union Pacino ...
Воз
Elec. Band & Share $5 pt.
53*
United Aircraft
391
46,630
44.800
Elec, Bond & Share $8 p.
581
United Airlines Trans ..............
101
1.900
1,970
(36,430
637,170
Elec, Power & Light $7 pf. Flotrote
331
United Coryn
Haiphong (Johore) Tientsin
Mukden Tokyo
New York Tsingtao Peiping Yokohama Penang
CURRENT ACCOUNTS opened
PRIPING
(Peking)
FOREIGN EXCHANGR 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 in Local Currency and Sterling" with LOCAL CURRENCY and FixED Dzinterest allowed at rates obtainable" PORITS received for one year 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 claima recovery" of
SAFE DEPOSIT BOXES of British Income Tax overpaid, on
EXECUTOR
TRUSTEE and business undertaken. Hongkong, 28th February, 1941.
HONGKONG SAVINGS:
BANK
terms which may be ascertained at any of the Agencies and Branches. W, H. EVANS THOMAS,
Manager..
13
!
Ratio of Reserve to Libilities Price of Gold at which holdings are valued
25,17%
24.75%
United Corpn. #3 cum pf.
22
189/-
160/-
Gen. Electric............. 314 Gen Motors
United Gas- Improvement
7
The Business of the above Bank
391
US. Rubber
22
is conducted by the HONGKONG
Gen. Railway Signal
141
& SHANGHAI BANKING COR-
UB. Steel.
561
'Gen. Tire & Rubber
11
Vanadium
25
Goodrich (BF)
13
tained on application.
Pultee Aircraft
61-
RETURNS
Goodyear Tire & Rubber
171
Walworth Co.
51
BANKING CORPORATION.
Great Northern Iron Ore ..
157
Warner Bros. Pict.
31
June 12
Great Northern Rly, píd.
26
(060's Omitted:
Westinghouse Elec.
99
||
Great Western Sugar ................
25
Woodward Iron Cor.
29
$
3,477,000 88.40%
Inter, Nickel
20
Chase National Bank
291
Hong Kong, 25th Feb., 1939.
2,184,000 91.22% #240,000 19,281,000 23,579,000 9,088,000 8,736,000
2,184,000 91.22% 2,249,000 13,593,000 8.774,000
Inter. Paper & Power
142
Int. Tel & Tel. (Fon, Ix)
National City Bank
20
Libby, McNeil
THE CHASE BANK
DOW JONES AVERAGE
1840/41
June 13, 1941.
High Low Dow Jones Averages -
Industrials 133.69 116.30 30 29.75 26.54 20
June. 11, High Low Close 192.18 12248 122.17 192,68
Change
.80.up
HEAD OFFICE:
LONDON STOCK EXCHANGE
(REUTER'S SERVICE) -
London, June 12
20.65 17.23 18 92.19 89.56 40 71.27 55.45 11
Raila Utilities
28.26
- 28.43 28,10 28.40-
.14 up
17.60
17.75 17.48 1769
Bonda
01.21
Commodity Index 71,27
.09 up
·91,34 .13 up 70,94 .33 off
Business Dona:-550,000 shares..
Silver 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 per cent,
LONDON GOLD
London, June 12 (Reuter), Bar Gold, Fine per os., 188/.
10
(Brit. Stpd. Supl, Loan) Tientsin-Pukow Rly, 5% "(Ger. 6tpd. Bupi. Lom) Jap, 6% Ster Loan, 1924. 25 Get. 7% Intl, Loan, 1924, 43 Chartered Bank
HK. & Bhai Banking
28 eas
87
Corp. (Lan Reg)
761
HK & Shal Banking
+79
נון
Corp. (Col. Reg.) Chinese Eng & Mining
(bearer) Chosen, Corporation
Mercantile Bank of In-
11/-
Lon, Mid. & Scot., Rly. 12
331 Great Western Rly....... National Bank of India 312 B.-A. Tob. (bearer)
..... 83/11 33/11 Dunlop Rubber Bristol Aeroplanie .......... 10/7 Imperial Chemical, Ind. 31/-
SILVER MARKET HONGKONG
LONDON SILVER
London, June 12 (Reuter).
Silver--Very small trade buying
satisfied
from
market sources.
Market steady. In the afternoon, the market was steady with no business.
Bpot, 23-3/8d
Forward, 23-3/8d
BROKERS' LOANS
New York, June 12 (Reuter). Loans on securities to brokers in New York:-
WK-ended. Wk.-ended Wk-ended
8/6/40 5/6/41
12/6/41
$312,000,000; $359,000,000 $347,000,000 |
SHAREBROKERS"
ASSOCIATION
Volume of Business Transacted on Friday, June 13, 1941, SALES
China Lights (0) H.K. Electrics. (O),
HE Electrics (N)
100.6.00 22.00 *200
200 22.00 *100 21.25 100 21.00
700
*Bales on Wednesday, 11th.inst The total value is $13.625,00.
INDO-CHINA
STEAM NAVIGATION "COMPANY LTD
Operating Services for Cargo and Fassengers
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA.
SINGAPORE, PENANG and CALCUTTA,
SANDAKAN
HAIPHONG
All steamers berth alongside
the Roosvelt Terminal in
the French Concession at "Shanghai, where passagers
and cargo are landed.
For further particulars:
please apply to
JARDINE MATHES
TELEPHONE SOZIL • GENERAL I
ANAGERS
SELATANG.
Shangha
Every description of Banking and
York, with Resources of over Exchange business transacted. Loans U.S.§.3,800,000,000. ..
D. L. BALLANTYNE,
12th June 1941.
Manager.
THE MERCANTILE BANK OF INDIA, LIMITED
Haad: Onco-15, Gracechurch Street, London, EC3
Authorised Capital
Emborribed Capital..
Paid Opital
Reserve Fund and Best,"
BANKERS:
£23,000,000
#1,800,000
21,000,000
The Bank of England and Midland
Bank, Ltd. BRANCHES:
Hangkor
Ipol
Kuantan
Bombay.
Qaloutta
Fada
Colombo KADIT
Delhi
GALLA
Hongkong Howrah
Madras.
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
Kuala TrenseTHE NATIONAL GOVERNMENT
OF CHINA AS AN -INTERNATIONAL” EXCHANGE
New York
.. Bangoon
Kota Bhain
Kerschi
Kuala Lipia
Shaoghat Bim
Kunle Lumpur - Mugapore HONG KONG BRANCH: Every desorption of Bandag and Exchange business tripasota,
TRUSTEE AND EXECUTORSHIP
UNDERTAKEN
CURRENT LOODUNTS Oranḍ 'in, Loon?· Gar By: Est FIXED DEPOSIT Town In: Law Carrenos & EREALING o tem, that, may be scertained on pylleation.
D. BENSON.
WANT ADS
are
Quick!
BANK
PALD-UP CAPITAL $40,000,000.00 (Branches ALL OVER CHINA)
in China and connections, in the Owing to our numerous Branches principal Commercial Centres of the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and Exchange,
Bead. Office: SHANGHAI
Hong Kong Branch:
4, QUEEN'S ROAD, C. Sputh China Officer:
CANTON SWATOW SHIECHOW
KONGMOON TOISHAN KINGOHOW
We also handle the issue of Bonds-
and other Public Funds of the Chinese Government both at Home and Abroad.
SHOU J. CHEN,
Manager.
BANK OF EAST ASIA, LIMITED
PORATION. Rults may be ob- Authorised Capital $10,000,000.08
For the EONGKONG & SHANGHAI
V. M. GRAYBURN,
Chief Manager.
Paid-Up Capital 5,586,600.00 Reservs and Undivided
Head Office:-HONG KONG No. 10 Des Voeux Road, Contral
Board of Directors:
HON. SIR SHOUSON CHOW, Chairman Li Koon Chan, Esq. Li Lab Sang, Eng. Wong Yun Torg, Esq. Fang Ping Wah Esq. Chan · king Shok, Esq.
18, QUEEN'S ROAD, CENTRALER Kwok, Esq. Wong Chu Son, Esq
18, PINE STREET,
NEW YORK. An American Bank offering com- picte Foreign Banking Service in the principal Markets of the world."
KAN TONG PO Esq, Chief Manager HON. MR. LI TD Foxa, Manager
Branchu and Agencica:
Oslontie Halphous,
SAFE DEPOSIT BOXES
Hanko Honol
Kobe
This Bank is a subsidiary of The
J
Chase National Bank, New
Kowloon Penang Singapore Louden Bangoon Manila
Bestore
Satrom
Halonene San Fran. Bydong -
NagiMER --
New
Palping
chase Titula
Beattie Vancouver
Profits
2,983,201.50
Amoy
Batavia
Bombay