in London -
Telegraphic
On demand Bingapore:--
On demand
On demand On India:-
JOALS.
Secre
i
Telegraphic and demand On New York:--
Bank Bills, on demand 24 1/8 Credis, 60 days sight 247/K Ou Batavia:—
On demand On Paris:-
On demand
On Manila:-
On demand
oil 101
On demand On Sterling Notes:-
Bank Buying Rate during Bar Bliver per on.
ASSOCIATION
Nayer
Beller
So
Nom a
A
$1313 2791 £76,
£23
Eu
#71
17 rt.
I
$220
2410
175 cts.
$176
Some
There were sellers at 3 op n September, buyers at 1/3 1/32 for any delivery.
U. S. DOLLARS
There were sellers at 24.716 for near and forward, buyers at 24.1/2 for Cash.
SHANGHAI DOLLARS
business Was arranged at 451.1/2 $120 early in the morning
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
AMERICA CONSIDERING OIL EMBARGO AGAINST JAPAN
WASHINGTON, June 16 (Central)-Quoting information ob- Administration, the intned from circles close to the Roosevelt Aerald-Tribune recently published an exclusive report reveal.ng that the United States Government is considering the advisibility of cutting off shipments of American oll to Japan.
H.K. Stock Exchange
BUYERS
Bank of East Asin $714. Indo-Chinas (Pret. $80 Docks, $16.
Chinese Estates, $98 Telephones (Old), $22. Ropes, $T
Watsons $9.70 Entertainments. $61 SELLERS Hogkong Banks, $1326
SALES
Trama, $16.10.
HONGKONG
SHAREBROKERS
ASSOCIATION
Volume of Business Transacted
on Monday, June 16, 1941
Ropes
SALES
500
500
1000
The total value is $7.400.00
Bayern
Bellary Baler
| Nominat
MONEY AND EXCHANGE
CLOSING QUOTATIONS
After
the the disclosure by Daper that more than 800,000 bark rels of American oll is shipped to Japan monthly. Senator William Smathers of New Jersey wired the paper: "It is my
understanding On
On Shanghai:-
that the Japan shipments will cease and there will be no gasless On Japan:- Sundays."
Since Mr Harold tary of the interior, was appoint- jed petroleum co-ordinator for nu
tional defence and eastern States facing the of the United States "gasless Sundays" restrictions ow- ing to the lack of transport lank-
Gulf coast. ers from the
the oll supply problems have become the
foremost domestic issue.
Since it affects national defence | On Baigon —
millions individual and hits
DI house motorcar owners, there has from the been a strong demand public and the Press for stopping On Bangkok:--- entirely shipments of Japan.
silent
While the Isolationists have re- mained strangely the pası week. Administration supporters have demanded An 57.40 embargo of petroleum exports
7.40 Japan îs recent reports show
Unst large quantities of themi have been reslipped from there to Oermany.
MONDAY
HONGKONG SHARE QUOTATIONS
STOCK KICHANGE,
8711
...
SHAREBROKERS
16 JUNE,
Banks
$1315 H.K Banks £799 Do Col Reg}
£784
Do on Reg.)
Chartered Banks
23 Mercantile Aks "A"
211 Mercantile Ukr. ун
Bank of East Aven
N. C. & Barka
Insurances
Canton insurahepa
$400 Union uPANCER
X.D
FRUA
X.D.
$170
$1
Underwriters
НК Устья
Shipping
$128 Нотараава
Market Report
FROM ROZA BROS.
Monday June 10.
Suver prices
unchange were over the week-end, the quotations rematnnig at 23.3/8 for both Ready and
American Forward. was unquoted
The
London-New York
New rate was quoted at 402.1/2 York-Londoh was quoted at 403.3
MARKET
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
JUNE 15 1941
STOCKS
JUNE 16, 1911
STOCKS
Last Sale
Last Skie
June 14
June 14
TUESDAY, JUNE 17, 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 | incuruarated by Royal Charter, 1858
Reserve Funds :
Sterling j £6,500,000 and Up Capita!
H.K. Carroney Reserve $11,000,000 Reserve Fund Reserve Liability of
£3,000,000 £3,000,009
Transfer 1427/1
Adame Express
61
Bank Billa, on demand 1/2 7,4 Credits 4 months' sight
Alleghany Steel Co.
23
Johnsmanville
Kermecolt Copper
#Q
Proprietors
$20,000,000
Reserve Liability of Pro-
prietors
£3,000,000
37
Head Office:-HONG KONG
Allis Chalmers
281
Libbey-Owens-Ford
Olas
27%
Amer. Can
821
Lockheed Aircraft
242
440
American Cyanamid B
372
Loew's Int
30
Amer. & Foreign Power
{"
Martin, Glen L. Co.
281
Board of Directors: ton. Mr. J. J. Patarsuu,
M2 3/4
Amer & Foreign $7 pi.
20
Montgomery Ward
378*
W. H. Lock, Esq.,
Amer, Locomotive Co.
124
National Aviation
B
Chairman
Deputy Chairman
... 100
Amer, Metals
17)*
niner. Radiator
64
Nat, Dairy Products National Distfilers
134
J. K. Bonsfield, leg..
101
A. H. Compton, Ey
Transfer. 1
Amer. Rolling Mill
14
Nai. Power & Light
60"
82 6/R
L. J. Davies, Esq.
Amer. S'ting and Ring Co.
403
National Supply Corp
6
Hon. Mr. 8. H. Dodwell,
Auer Sugar Refining
16;*
New York Cential
121
O. Miskin, Es..
Amer. Tel & Tel.
1501
Niagara Hudson Power
21
K. S. Morrison, Esq.,
Amer Tobacco "B"
67*
N. American Aviation
144
Hon. Mr. T. E. Pearce,
Amer. Waterworks
41"
North American Co. (New)
128
... 45 1/4
Anaconda Cupper
27
Northern Pacifie
BA
Atchison, T. & S. Fe
28
Packard Motors
24
Bank Bilis, on demand Nom. Credits 4 months sight Now
Aviation Corp.
3+
Paramount Pictures
101*
Baldwin Locomotive Co.
148
Pennsylvania RM.
23;
Baltimore & Ohio
34
Phillips Petroleuma
44
Amoy
104 1/2
Barnsdall Ou
91
Pullman Inc..
204
Bangkok
Kobe
Bendix Aviation
35
Branches:
Johore
Kowloon
Rangoon Saigon San
Pure Oll
92
48 1/4
Bethlehem Steel
721
Radio Corpn. of Am. ......
4
Bliss & Co., E.W. (com.)
154
Reading Company,
Com
141
140 1/2
Hoeing Airplane Co.
164
itemington Arms Co., Inc.
43*
Chelo.
Borg-Warner
17
Republic Aviation Corp.
31
Colombo
Now.
Briggs Mig. Co.
201
Republic Steel
18A
Dairen
23 138
Bund M'facturing Corp
31
Reynald Tobac. "B"
30
Foochow
Canadian Puclfc
31*
Schenley Distillers
94
Haiphong
Hunkow
Celanese Corp.
236
Shell Unton Oil
141
Marbin
Chesapeake & Ohio
364
Socony-Vacuum Oll
B
Bloilo
Chrysler
504
Southern Pacific
114
Ipoh
Penang
Columbia Gas & Eier.
31
Southern Rly 35 pfd.
23
Commercial Credit Co
234
Spler Manufacturing Cu
302*
CURRENT
Com & Southern
Ord.)
U2
Standard Brands
51
Consolidated Edison Co.
181
Standard Gás & Elec.
9-7/16
Consolidated Of
BA
Standard OR of N.J.
39
Silver
Copperweld Steel
142
Studebaker Com
DA
Ourtise Wright (C)
83
Swift international
182*
quoted on application.
Cross-
Disullers Corp. (Seagrama)
19
Technicolor
81
Douglas Aircraft
094
Texas Corpn.
391
SAFE DEPOSIT sarits $1zne to JL.
Du Pont de Nemours
1501
Trans-America Co.
42
Eagle Picher Lead
82
20th Cent, Fox Film, Com,
52
Elec. Antolite Co.
281
Union Bag & Paper Corp
111
лей TRUSTEE
EXECUTOR usiness undertaken." Hongkong, 26th February, 1941.
Hon, Mr. A. L. Shields, Sir Vandeleur M. Grayburn,
Chief Stanager.
Batavia
Bombay
Calcutta Carton
HEAD OFFICE: LONDON: 38, Bishopsgate E... Sub-Agencies In London:
117/129, Leadenhall Street, 8.0.3. West End Branch: 14/16. Cockspur Street, S.W.1. Manchester Branch:
52. Musly Street, Manchester,
AGENCIES AND BRANCHES:
HONG KONG PENANG ALOU STAN
Lidia AME ITSAR BANGKOK IPOH BATAVIA
CALCUTTA
KARACHI KLANG
KOER
LEMPUS
AGENCIES KALA OLAVE STRAKT FAIL PAR CANTON GAWNPORE
Francisco LOMBO
Lumpur Shanghai
Kuala
Lourdon
Lyons Malacca
Manila
Muar
Singapore
Sourabaya Sungei
Patani Swatow
(Jobore) Tientsin Makden Tokyo New York Tsingtao Peiping
Yokohama
DELE1
HAIPHONG HANKOW
Fous
МАРКАЯ
MANILA
PRIPING
(Peking)
TAIPING
TIENTSIN
ExOHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for Ona Your or shorter periods in Local or Other Currencies at rates which will be quoted on application.
SAVINGS ACCOTRts also opened in inLocal Currency and Sterling with LARAL CURRENCY And FIXED De interest allowed at rateą obtainable POSITS received for one year or on application. shurter periods in Local and other The Bank's Head Office in Loudon Currencies on terus which will be undertakes Executor and Trustee
ACOUNTS opened
BOXES
business. and claima recovery of of British Income Tax overpaid, on tenus which may be ascertained at any of the Agencies and Branches W. H. EVANS THOMAS,
Manager.
BOMBAY
RANODON SAIDON
SENAMBAN SHANGHAI
SINGAPORE ETIAWAN
MOURABAYA
KUCHING
TONOKAH
MEDAN NEW YORK
TSINGTAO
(Phuket)
YOKOHAMA
Elec Bond & Share
Quiet, No business was reported
STERLING
Union Pacific
801*
Eec Bend & Share $5 pi.
51*
United Aircraft
394
Elec Bond & Share $6 DÍ.
561
United Airlines Trans
101
Elec. Power & Light $7 pf fintkote
321
United Corpo
01
HONGKONG SAVINGS
BANK
en Electrie
Gen Motors ·
Gen Railway. Signal
Gen. Tire & Rubber Goodrich (BF)
Goodyear Tire & Rubber Great Northern Iron Ore Great Northern Rly, pfd.
Great Western Sugar Inter. Nickel
$9
SHO
$00
$61
41/104.452
business and 451.5/8, Later arranged at 452. The market closed with sellers at 451.3/4, buyers at
Was
Inter. Paper & Power
Int. Tel. & Tel. (Fon. 19.)
887
$5.10 B16
ܬܵܐ
$5.30
SHANGHAI MARKET
Sterling opened with sellers at 3.5/16. Bubsequently the rate rose 15.10 to 3.21/54 and at the close sellers were again quoted at 3.5/18 for $248pot. US Dollars sellers at 5.13/32
for Spot,
AFTERNOON MARKET
1940/41
High
Low Dow Jones Averages
Industriale 133.9 115.30 30 20.75 26.04 20 30.65 17.22 10 92.18 50.56 40 71.38 55.46 11
11/0
**
+
The market
was dun in
the
afternoon.
STERLING
$8.00
$8
398
:::
(1040) Miscellaneous
Dairy Frents
Autorisinmonte
$1.60 Constructions (old).
E
Constructions (now)...
X.D. 16.40 Lane Crawfords................
240
Nanyang
$2.10 Bineeres
Tubwooo...... $3.00
$9.00 Watsons...
88
130
$7.80
Ch. 0.5% 1950 DJs,
1.K. Wing On
Wing On
*********
wo Pling ........
0/3 Martans Inv, (Lon.)
9/11 Mutasson Env. (H.K.)
31 W. Parallon
Lutes to...
als to Shanghai
123 18
IN
$
Steambots
inda Chinas
$60
151
Indo-Clonas (el)
41/10 Shils
$6.55 Waterbosi
te7
$248
Docks, Wharves.
Godowns, etc.
H.K & K. Wharves Providenta
H.K. Doch (Old)
1. Docks (Now]
↑ Shanghai Docks
11/0 Koilana
期
Mining
ots Hong Kong Mines
Lands, Hotels and
Bulldings
H.K. & S. Hotels.
831.K. Jandis...........
1974
Do. 4% Debentures
15,60 Shanghai Lande.
#3 H.K. Reaktion
$6,40 Funnhreys
$30 $265
$101
h**
Chiese Estates.....
Cotton MI]}
S'ha Carltons (B.).. Zoong Sings (8.). Wing On Textiles (8
Public Utities
H.K. Teamwkym............
#7 Peak Trame (oid) Peak Trama
1 Star Ferrien...
821,36 Y'mati Ferries
26
China Lights (Q)...... 811 Chin Lights (New)..
X.Rta. 891.80 H. Mentrics (Ohí.....!
The market closed with sellers
at 1/3 up to September, buyers at 1/8.1/32 for any delivery.
U. S. DOLLARS
The market closed with
near
sellers and forward.
buyers at 24.1/2 for Cash.
SHANGHAI DOLLARS
13
$31) $97
$8.40
at 247/16 for
$36)
$205
$125
$18.30
(now)..
5671
#217
X.R. 829
$21
$11
Some business was done in the the afternoon at 451.3/4 The mar- at 451, ket closed with sellers
buyers at 451.1/2.
SHANGHAI MARKET Sterling opened with sellers
at
3.6/16. Last advices indicated sell- era at 5.21/64 for Spot, U.S. Dollars
sellers at 5.13/32 for Spot.
AMERICAN BUREAU OF MEDICAL AID
TO CHINA
Business Done:-)60,000 shares
FREE CLINIC IN CHUNGKING
A free clinic has been opened CHUNGKING, June 15 (Central) by the Chungking Health Centre Since its establishment in Sep- to accommodate the poor invalids, tember, 1937, the American Bureau Infirm and disabled. Board, lodg of Medical Aid to China has raising and medicine are all free of ed cash contributions and medical charge.--(Central News). supplies to the total amount of US$800.000,
according
to
Mr.
BANK OF EAST ASIA, LIMITED
PORATION. Rules may be ob- Anthurised Capital $10,000,000.00
Paid-Up Capital 5,598,600,00 For the HONGKUNG & SHANGHAL Reservy and Undivided
BANKING CORPORATION,
V. M. GRAYBURN,
Chief Manager,
Hong Kong, 26th Feb., 1839.
THE CHASE BANK
Profite
2,993,261.80
Head Office:-HONG KONG No. 10 Des Voeux Road, Central
Hoard of Directors:
HUN. SIB SHOUBON CHOW, Chairman Li Koon Chan. Esq. Li Lan Sang, Esq.
16. QUEEN'S ROAD, CENTRAL P. K. Kwok, Esq.
SAFE DEPOSIT BOXES
This Bank is a subsidiary of The Chase National Bank, New York, with Resources of over T1.8. $.3.800,000,000.
D. 1. BALLANTYNE,
18th June 1841.
the
raise
Cheng Pao-nan, its resident repre- campaign launched by the United
China Relle! Committee. sentative In China.
is undertaking to Bureau US$160,000.
Mr. Cheng arrived in chung- king at the end of last month and
of the At the recent election to has established an office here
officers of the Bureau for facilitate the contact of the Bu-new
the Chinese authori 1941-42, Madume Chiang Kai-shek regu with
honorary to be the was Invited tles.
US$5,000.00b Chairman.
In the
Dresept
Manager
WANT-ADS Cheap!
ARE
Shanghai Exchange INDO-CHINA
Shanghai, June 16 (Reuter),
821
Hlection(Now)....
#1
HK. Electric (Rta)
$101
Mario Electrics
Macao Electrica
$11,70
Sandakan Lights......
22.10
B
Telephones (old).......
Industrials
$22
Telophones (new).......
$9
$30
[Cald., Maog. (Ord.) 8.
London
$26
Chid, Maog. (Prof.)8
81 salon Tom.
175 ote.
Japan
Cements
$13
India
11.E. Ropes
87"
H.K. Gör. Losne
Farla
307 304 31%
4% Loan
97%
(1994)
DSI
994
*}%
141
Metal T.T. Rates
New York
Hongkong
Sterling
Openin
0/9-1/4
5-1/4 22-1/4
19
nominal .... 21-5/8
Bellara
Opening Closing
0/3-5/16 0/3-6/18
June ......
0/3-5/10 9/3-5/16 0/3-5/10 ...... 0/8-5/10
6171
Spot
201
$1.65
July
Spot
19.20
FEL
June
July
80.00
28/
U.S. Dollars
$5-13/32 $5-19/32 5-13/32 5-13/82 6-13/32 6-18/32
Markot: Quiet,
Bliver Duty Rate
The Cantra Bank of China's
rate on London at 10-a.m.-today-
was 1/2-1/2d.
The Equalition rate was 24 per cent.
STEAM NAVIGATION COMPANY LTD
Operating Services for Cargo and Passengers
TO-
اللہ
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
BANDAKAN
HALPHON
All steators berth alongside the Bloosevelt Terminal ia the Franch Concassion at Shanghai, where passengers and cargo are landed.
For further particulare
ploase apply to
JARDINE MATHESON&Co.,Lrd, TELEPHONE KOJI GENERAL MANAGERS
Wong Chu Son, Exq Fung Ping Wah Esq.
Wong Yun Torg, Esq. Oban hing Shok, Esq. KAN TONG PO, Esq, Chief Manayer HON. MR. LI THE FONG, Manager
Bonatul Kobe
Branches and Agencies:
Kowloon
London
MaDouṛu
á vrahaga AWRIOW
Jan Fran. Sydney
cisco Trenču
Now Yk deattle Vancouver Parle
Puiping
Shanghaf
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Loca! Currency and Fixed Deposita re- ceived for
year or shorter periods in Local and Foreign Cur- terma which will be runcies on
one
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 (BRANCHES ALL ÖVEK ÜRINA) Owing to our numerous Branches in China and connections in the principal Commercial Centres of the World, we are able to extend to our Cliente special facilities for Domestic and Foreign Banking and
Head Omco: SHANGHAI Hong Kong Branch: 4, QUEEN'S ROAD, C. South China Officon: CANTON * *KONGMOON BWATOW TOISHAN
SHIUCHOWKINGCHOW
We also handle the issug of Bonds and other Public Funds of the Chinese Government Ipth at Home and Abfood.
SHOU 1, CHEN
Manager.
12}*
United Corpn. $3 eum pf
224
318
United Gas Improvement
7*
The Business of the above Bank
388
UB. Rubber
In conducted by the HONGKONⱭ
14
US Steel
55*
& SHANGHAI BANKING COR-
11
Vanadium
244*
13
tained on application,
Vultee Aircraft
81*
178
Walworth Co
4*
16
Warner Bros. Pict.
31
254*
Westinghouse Elec
951
231*
Woodward Iron Cor
274"
28
Chase National Bank
201
14% 2
National City Bank
253
Libby, McNell
DOW JONES AVERAGE
122.31
Raile
28.38
June 16, 1941. June. 13. High Low Close 122.30 11.92 122.04 28.37 28.25 28.31
Change
Utilities
17.80
17.66
Bonds
01.18
17.45 17.50 21.10
.27 of .05 off 10 of .03 off
HEAD OFFICE:
18, PINE STREET,
NEW YORK.
Commodity Index
71.36
An American Bank offering con- plete Foreign Banking Service in the principal Markets of the world.
Amor
Patavin
i ambay
HARL
{'ers
Salgon
Singaporn
Cainulta
Haiphous
Nak
Liepkow