STOCKS
Last Sale:
STOCKS
Laat Sale
June 17
June 17
Adama Express
6
Southern Rly $5 pfd...
23
Alleghany Steel Co.
224
Spicer Manufacturing Co.
314*
Allis Chalmers
29
Standard Brands
54
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
JUNE 18, 1941.
MONEY AND EXCHANGE
CLOSING QUOTATIONS
JUNE 18, 1941.
In London:-
Telegraphic Transfer. 1/2 7/8 Bank Bills, on demand 1/2 7/8 Credits 4 months' sight
36 Shanghai --
NEW YORK COMMODITY MARKET ́(REUTER'S SERVICE)
73 732 721 731A 1 off
Closing Ranges Changes
BANKING CORPORATION
New York Cotton, July New Tork Rubber, July New York Hides, Sept. Chicago Wheat, July Chicago Corn, July
New York, June 17. Prov. High
Close Change
14.00 14.22 13.08 14.20 ,20 wp
21.00 21.05b 21.12
21.00 US off 14,56 14.75 14.61 14.70b .14 up
100 100% 991 1001
Authorised Cupital....... 350,000,000
THURSDAY, JUNE 19, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
INDIA, AUSTRALIA
AND CHINA -
Issued & Fully Paid-Up #20,000,000|Incorporated by Royal Charter, 1859
Reserve Funds:
Sterling
of
H.K. Currency Reserve $10,000,000 Reserve Fund Reserve Liability of
£6,500,000 Paid-Up Capital
£3,000,000 £3,000,000
Proprietors
$20,000,000
Reserve Liability of Pro-
prietors
£3,000,000
On demand
Amer. Can
93+
Standard Gas & Elec,
7/16
440
American Cyanamid B
372
Standard O of N.J.
39
in Singapore:--
July
On demand
B2 3/4
Amer. & Foreign Power
3.
Studebaker Com,
54
Oct
Closing Ranges Changer N.Y. COTTON: Notice date-35/6
14.20/22 14.40/43
.20 up
CHICAGO CORN:
July
17 up
Sept.
7SLA 75b
off.
} off
Amer & Foreign $7 pf
211
Swift International
182*
On Japan:-
Dec.
14.50/50
18 up
NEW YORK LARD:
Board of Directors : Hon. Mr. J. J. Paterson,
W. H. Lock, Esq.,
Amer, Locomotive Co.
131
Technicolor
BA
On demand
10%
Jan.
14.52 N
17 up
Amer, Metals
171*
Texas Corpn.
397
On India:--
Sept.
Mar.
10.55/55
14.55/55
16 up
.08 up
Amer. Radiator
в
Trans-America Co
41"
Telegraphic
Transter.
May
and demand .....
82 6/9
14.56/58
.10 up
N.Y. BLACK PEPPER:
Amer. Rolling Mill
14)
20th Cent, Fox Filin. Com.
51
Monday's sales:-116,900 bales.
Amer. S'ting and Ring Co.
414
Union Bag & Paper Corp
11/
On New York:-
Amer Sugar Refining
17
Union Pacifc
801
Bank Bills, on demand 24 1/8 Credlis, 80 days' sight 24 7/6
Amer. Tel, & Tel
168
United Aircraft
July
Ja Batavia:-
Amer Tobacco "A"
671
United Airlines Trans
103
On demand
đến 1/4
Sept,
Amer. Waterworks
41
United Corpn
Dec.
On Paris-en
N.Y. RUBBER: Notice date-27/6
21.00/00 20.72/72 20.70b/728
05 off 03 off
Anaconda Copper
271
United Corpn. $3 cum pr
231
Bank Bills, on demand Now.
Mar
Atchison, T. & 9, F.
281
United
Gas Improvement
7
Aviation Corp.
31
U.8 Rubber
211
Credits 4 months' sight No.
May
Baldwin Locomotive Co.
141
UB. Steel
60g
In Baigon:-*
N
Total sales:-960 tons.
On demand
104 1/2
Baltimore & Ohlu
3+
Vanadium
254
NEW YORK HIDES:
On Manila:---
Barnsdall Oil
91
Vultee Aircraft,
7+
On demand
48 1/4
Bendix Aviation
36+
Walworth Co.
On Bangkok:--
Betblebem Steel
Warner Bros. Pict
34
On demana
...... 119 1/2
Bliss & Co., EW. (com.)
17
Westinghouse Elec.
97
Boeing Airplane Co
161
Woodward Iron Cor.
271
ya Sterling Notes:-
Sept. Dec.
Total sales:--47 lota.
CHICAGO WHEAT-
.......... 14.700/74a 14.71b/73a
Borg-Warner
161
Chase National Bank
294
Bank Buying Rate
Briggs Mig. Co.
201
National City Bank
26
Bar Silver per oz..........
Nom 23 3/8
July
Sept.
Buda M'facturing Corp.
31
Libby. McNe!!
Canadian Pacific
4
Celanese Corp.
221
SPECIAL WEEKLY LIST OF
CLOSING STOCK
Chesapeake & Ohio
36
Chrysler
58
Alasada Juneau
Columbia Gas & Elec
3
American L'motive $7 pl.
4
Market Report
FROM ROZA BROS.
Wednesday, June 18.
Bliver prices
Monday's bushels.
Commercial Credit Co.
23
Com, & Southern (Ord.)
Assed. Gas & Elec. 5%. Pi Atlantic Gult and W PT....
B01
3*
Consolidated Edison Co,
161
Atlantic Refining
204
Consolidated Oil
51
Atlas Corp. ..........
61
were unchanged yesterday at 23.3/8 for both Ready and Forward. Silver advices re- ported the market steady. American
being Kag Silver was
Copperweld Steel
143*
Auburn Central Mfg Co.
3
quoted at 34.3/4 for Spot.
Curtiss Wright (C)
81
Barber Asphalt Corp.
82"
The
London-New York Cross
Distillers Corp. (Seagrams)
138"
Bath Iron Works
221
Douglas Aircraft
71
Bellanca Aircraft
3
rate was quoted at 402.1/2. New York-Londom was quoted at 403.
The following quotations are the middle prices at the close of the
Du Pont de Nemours
151)
Callahan Zine & Lead
13/18
Eagle Picher Lead
Case (JI)
817
Elec. Autolite Co.
274+
Climax Molybdenum Co.
38
Elec Bond & Share
21
Cluett Peabody
544
Elec. Bend & Share $5 pi
51
Commercial solvents
91
Elec Bond & Share $6 pf.
57
Continental Can
341
War Loan, 31% (Red.
after 1952)
Elec. Power & Light $7 pf.
331
Continental OB
221
1224
at 1/3 up to September, buyers at 1/31/32 (or any delivery.
Plutote
Corn Products Refining
474
Gen. Electric
321
Corn Products 7% Pfd.
1724
Gen. Motors
--
Coty Inc.
37*
Gen. Railway Signal
15
Coty Int.
Gen. Tire & Rubber
103
Curtis Wright Corp "A"
271
1925/47
Goodrich (BF)
121
Deere Co.
221
Chin. 44% Anglo-French
Goodyear Tire & Rubber...
174
Distillers Corp. (Seagrams)
34
Loan, 1908
Great Northern Iron Ore
16
Eaton Mfg. Co.
314*
Chinese 5% Orisp Loan
Great Northern Rly, pid,
201
Gen American Trnpts
541
Great Western Sugar
23+
Glidden Co.
14
1912 Chinese 5% Reorg Loan
Inter. Nickel
281
Goodrich $5-pfr.
60*
Inter. Paper & Power
147
Great Lakes Drexed
148
Int. Tel.
Tel. (Fon. Lg.)
21
Greyhound Corp.
Lli
Johnsmanville
811
Int. Harvester
51#
1913 (Idn. Is.) .......... Chinese 8% Ster. Notes
1925 (Vickers) Chin. Imperial Rly. 5%
Kennecott Copper
378
Mack Trucks Inc.
30
Loan
Libbey-Owens-Ford
Glass
271
McKesson & R., $3 pfd.
281
Honan Rly, 6% 1905
Lockheed Aircraft
241
Mountain City Copper
2+
Loew's Inc.
30
Nat Gypsum
6#
Martin, Glen L, Co.
28
Nat, Lead Co.
16
Montgomery Ward
36
Pacific Gas & Mect.
231
Sterling opened with aellers at | 3,21/64 and at the close there were sellers at 3.11/32 for Spot. US Dollars sellers at 5.7/18 for Spot.
Hukuang Rly. 5%, 1911
(LP. N/Y Issue)
Hukuang Rly. 5%, 1911
(German Issue?
National Aviation
BJ
Pan-A'can Airways
117
Nat Dairy Products
13/
Piper Aircraft
-5*
National Distillers
194*
P'burgh Coke & Iron
62*
Nat. Power & Light
Public Service of N.J.
214
Calcutta Exchange
Calcutta, June 17 (Reuter).
Lung Tsing & Hai
Rly. 5%. 1913
S'hal-N'king Rly. 5%.....
National Supply Corp.
of
Ryan Aeronautical Co...
31*
T.T. on Japan, 81-1/2
Tentain-Pukow Rig, 5%
(Brit, Stpd.)
New York Central
123
Sears, Roebuck & Co.
724
Niagara Hudson Power
21
Southern Rly.
12
N American Aviation North American Co. (New)
Northern Pacific
India Rupee Paper
141
Sperry Corp.
+361
12
Standard Gas & Elect.
181
10
Standard Oil of Calif,
21
Packard Motors
Paramount Pictures
2.
Stone & Webster
61
101
Texas Gulf Sulphur
35
Pennsylvanta R.R.
23
Thompson Products
281*
Phillips Petroleum
44
Tidewater Assed. On
10
Pullman Inc
201
Timken Detroit Axle Co.
31#
HK & Bhai Banking
Pure Ofl
98
Twin City Rapids
181
Corp. (Ldn, Reg.)
Radio Corpn. of Am. ...............
41
Un. Carbide & Carbon
721
Reading Company,
Com
141
United Gas (common) ......
H.K. &'hat Banking
Corp. (Col. Reg
Remington Arms Co., Inc.
43*
Un. Light & Pwr, "A"
**
Spot, 23-3/8d.
Republie Aviation Corp....
3
US. Ind. Alcohol.
24/
Chlfisse Eng & Mining
(bearer)....
Republic Steel
191
U.S. Realty & Imp.
1*
Chosen Corporation
Reynold Tobec. "3"
31
US. Rubber 8% pfd.
931
Mercantile Bank of In-
Schenley Distillers
97
US. Smelt., Ref. & M. ...
59*
Market-Steady.
Offtake 300 bara.
·dia, 25, “C
Shell Union Of
13?
Y'stown Sheet & Tube
35
Pekin Syndicate.
Bocony-Vacunun Oll
83
Royal Bank of Canada ....
159
Indian Mint Silver
Southern Pacine
118
Ready
DOW JONES AVERAGE
62-11
1940/41
June 18, 1941.
High
Low Dow Jones Averages 188.00 115.80 30 Industrials
90.75 26.54.20
Juno. 16, High Low Close
Change 123.91 128.14 123.12
1.17 up 28.25 28.10 20.19 .09 up 17.98 17.00 17.66.30 up 91.10 02 of 71.60 ,24 up Business Done: -400,000 shinrya
121.95
.
20.60 17.22 15
Rails Utilities 92.10 89.00 40 Bonga
28.10
17,55
91.18
71.49 55.45 11 Commodity Index
71.42
LONDON METALS
REFUGEE RELIEF IN KWANGTUNG SHIUKWAN, June 18 (Central) Up to the end of May, total sum of $749,400,has been remitted Price, to Kwangtung by overseas Chinese in various parts of the world for refugee relief in Brayap and other parts of southern Kwangtung de- solated by the Japanese daring their Insursions, last March.
EXCHANGE
Featureless.
MARKET
STERLING
The market closed with sellers
U. 6. DOLLARS
A small business was done early In the morning at 24,1/2 for Cash. The market closed with sellers at i 24.1/2 for near wild forward. buyers at 24.9/16 for Cash.
SHANGBAI DOLLARS
There were sellers at the open- ing at 448.3/4. Later some bust ness was arranged at 448.1/2 and also 448.1/4 The market closed with sellers at 447.1/2, buyera et. 440.
SHANGHAI MARKET
Bombay, June 17 (Reuter). Govt 34% Rupee, 95-14-0
SILVER MARKET
LONDON SILVER
London, June 17 (Reuter). Silver--Production sales satisfied very small trade demand. Market steady.
Forward, 23-3/84.
BOMBAY SILVER
Bombay, June 17 (Reuter).
62.13 July 19 Settlement...... 62-12 Aug. 18 Settlement
LONDON STOCK
EXCHANGE-
(REUTER'S SERVICE)
London, June 17.
BOMBAY
CALCUTTA
KOBE Chief Manager.
Johore Rangoon Kobe
AGENCIES: RUSLA
OLIVE TANKT LUMPUR
FAIRLIN PEAK
CANTON
Saigon CAWNPORE
Francisco COLOMBO
DELUI
Singapore HAIPHONG Sourabaya Sungei
(Johore) Tientsin
CURRENT ACCOUNTS
HANKOW-
KUCHING
MADRAS
PEIPING
SINGAPORE
SITIAWAN BOURABAYA
TAIPING TIENTSIN
TONGEAH
(Phuket)
TSINGTAO
YOKOHAMA
(Peking) FOREIGN EXCHANGE and General Banking Business transacted,
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for Ons Yaar, or shorter periods in Loon) or Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNTS also opened in in Local Currency and Sterling with
FINANCE CONFAB LOCAL CURASNOY and FIXED DE interest allowed at rates obtainable
market in London. All quotations CHUNGKING, June 18 (Central) are subject to confirmation and no-At the first plenary session responsibility is assumed for errors the Third National Finance Con- in transmission.
ference held
after- on Monday noon, the following eight groups Com- of Proposals Examination 103-16/18mittee were named:
1007 9
Defence Loan, 3% Canton-Kloon Rİy. 5% Chinese 44% Gold Loan 1898 (Brit. Issue ...... Chinese 6% Gold Bonds.
Tientsin-Pukow Rly, 5%
(German Stpd.) Tientsin-Pukow Rly, 5% (Brit. Stpd. Supi. Loan) Tlentain-Pukow Rly. 5%
(Ger. Stpd. SunLoan) 20 Jap, 6% Ster, Loan, 1924 241-294 Ger. 7% Intl, Loan, 1924 44 Chartered Bank
The Land Tax Group, Messrs. Chen Chi-taal, Yen Chia-chin and Kan Chi-yung-
The Financial Administration System Group, Messrs. Wen Chun, Hu Mai and Chen Kuo-lang.
The District Finance Group, Messrs. Huang Chung-Yueh, Chou Yi-chun and Chang Tao-min.
Taxation The Local
Group, Messrs. Lu Chu-jen, (how Chich- chun and li Wan-hua.
TRADE GROUP The Trade Group. Messrs. Huang Tsu-pel, Shou Ching-wel and Li Shou-kang.
The Food Group, Messrs. Pung Sung-chou. Ho Pel-heng and Chao Chih-yac.
S'hal Elec, Constr. Co. 18/-
13 S'hal Waterworks "A" ...
22 Union Insurance Oula Kalumpong Rubber 15 Lon, Mid. & Scot., Riy. 131 Great Western Rly....... 341 National Bank of India 321 B-A Tob. (bearer)
rosirs 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 claima recovery of
SAFE DEPOSIT BOXES of British Income Tax overpaid, on various sizes to lat.
terms which may be ascertained at TRUSTEE
EXECUTOR any of the Agencies and Branches. wild
W. H. EVANS THOMAS, business undertaken,
If anager. Hongkong, 28th February, 1941.
HONGKONG SAVINGS
BANK
The Business of the above. Bank is conducted by the HONGKONG & SHANGHAI BANKING COR-
BANK OF EAST ASIA,
LIMITED:
Paid-Up Capital Beserys and Undivided
PORATION. Rules may be ob Authorised Capital ....$10,000,000.00 tained on application.
For the HONGKONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1839.
THE CHASE BANK
16, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PINE STREET,
NEW YORK. An American Bank offering com- plete Foreign Banking Service in the principal Markets of the world.
SAFE DEPOSIT BOXES
This Bank is a subsidiary of The Chase National Bank, New York, with Resources of over U.S.$.5,800,000,000.
D. L. BALLANTYNE,
19th June 1941.
Afanager
WANT ADS ARE SURE!
INDO-CHINA
London, June 17 (Renter), STEAM NAVIGATION COMPANY LTD
Bar Gold, Fine per oz., 188/-
BATAVIA ECONOMIC
PARLEY
TOKYO, June 16 (Reuter)-The contents of Governments structions to Mr. Yoshizawa, chier
London, June 17 (Router). delegate to the Butevia economic Tin, Standard: Cash, Middle parley, cannot be released for publleation mor, can any statement A263-3/8; Tin, Standard, 3 months, Middle be issued clarifying Japan's atti-
tude toward the Netherlands, the Price, 2305-1/8,
Market Artner and continues to spokesman of the formation make headway in spite of aleable Board stated at yealerday's pres
melior selling. The rise has on- conference, a couraged broader British consumer The Government, sent Instruc buying, ono firm bought 100 tone tons on Saturday but Mr. Yoshi-"
In view of the extensive damage in a single fansaction towards sawa naked for the elucidation of infilcted by the psoase the the close. After hours, the már- some pointe Central Althorities have already kot was quiet brain bus warder, will give out a rietenie
Teller fund of five tona at 1208-1/5 miyors and Me, YosHIKAWA CHEN appropriatedE
£200-1/4 paid and buyers,
ply to hlë inquiry,
$1,000,000,
Whon
Operating Bervices for Cargo and Passengers
TO-
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBF - and - OSAKA
SINGAPORE, PENANG and CALCUTTA BANDAKAN
HAIPHONG
All ateamers borth o
alonpeltie
the Roosevelt, Terminal -in. the French Contatalon at: Shangbai,, where passengere and cargo are lasdeci
For further particulats
alects apply 16-
5,698,600.00
Profile ........... 2,983,261:60
Head Office: HONG KONG No. 10 Des Voeux Road, Central.
Board of Directors: . HON. SIR SHQUBON CHOW, Chairman Li Koon Chun, Esq. 1.1 Lenz Sang, Esq. P. K Kwok, Est. Wang Chu Bon, Es Wong Yan Torg, Bag. Jung Ping Wab Enq Chan hing Slack, Beq.
KAN TONG Po, Esq, Chief Manager HON. MR. LI Tee FONG; Manager
Branches and Agencies:
Loudou
PROX Singapore Surabaya dwaton Melbourne Bad Brus. Sydney
Nagunka
·Pasie
Pelping
sisco Tinotela
smitle Taspocrer
Shanghai
Every description of Banking and Exchange business transacted. Losas granted on approved securities
Current Accounts opened in Loos! 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 PECHANGE
PAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerous Branches in Chins and connections in tho principal - Commeròlal. Centres of the World, we ersinble to extend to our Clients special anilities for Donatio and Foreign Banking and Exchange.AT
Head Office - SHANGHAI
Hong Kong Branch i
1 QUBEN'S ROAD, C.
South China
CANTON
SWMOWA SHIUCHOW
DON
KONG TOISHANE KINGCHOW
uda Honds.
and other Pablle-Fier of the Chiness Government both at Home.
SHOU
unch.
Sept
N.Y. COTTONSEED OIL:
July
11.75b/85a .03 up N.Y. SUGAR No. 3: Notice date 24/6 July
6.00/00
00 up
20.55b/80x 20.45
unch
Sept
2,580/678 .01 off 12.57b/68a
K. S. Morrison, Esq., Hon. Mr. T. E. Pearce, Hon. Mr. A. L Shields, Sir Vandeleur M. Grayburn,
Head Office:-HONG KONG
Chairman.
Deputy Chairman
J. K. Bousfield, Esq., A. H. Compton, Esq., L. J. Davies, Esq..
Hon. Mr. 8. H. Dodwell, G. Miskin, Esq.,
HEAD OFFICE: LONDON;
38, Bishopsgate E.C.2. Sub-Agencies In London: 117/122, Leadenhall Stroet, E.C.3. West End Branch:
14/18, Cockspur Street, S.W.1. Manchester Branch:
32, Mosley Street, Manchester, %
AGENCIES AND BRANCHES:
ALOK STAR AMRITSAR BANGKOE
HONG KONG PENANG
ILOILO
IFOR
RANGOON BAIGON
BATAVIA
KARAOKI
KLANG
SEREMBAN
SHANGHAI
unch.
05 up
Buciness done:-325 lots,
N.Y, SUGAR No. 4: Nottee date 17/6
Branches:
July Sept.
.88/b/,90a
.03 up
14 up 13 up
,98b/1.9618
.03 up
Amoy Bangkok
| Batavia
Kowloon San
CEBY
100/1001
102/1017
salea: -
Business done:-751 lots.
NEW YORK COVOA
Sept,
7.93 N ,12 up offN.X, COPPER: Notice date 27/6 i off 13,775,000
Bombay Calcutta
Kuala
Lumpur Shanghai
MANTLA
MEDAN
NEW YORK
Canton
Chefoo
London
Lyons
Colombo
July 11.90b/12.008 unch. N.Y. Official Silver 34-3/4 N.Y./London Cross Rate 4.03-3/4
Dairen
Manila
Foochow
Muar
Patani Swatow
Haiphong
Hankow Mukden Tokyo
Harbin Iloilo
THIRD NATIONAL
New York Tsingtao Peiping Yokohama Penang
opened
Proposals Examination Committees Formed
of
£
28
29
37
21
31
7.9
4B
10
14
19
9
The Currency Group, Hau Pal-yuan, Kang Hsin-lu and Peng Jo-kang.
Messrs.
14
Chi- The Lund Group, yung, Ruang Tung and Chu Ping.
AMOY
10
Batavi Боят Catast Halphony Hawkow
Kowloon
Manila
Kaljon
+
10
New Yk
Monolia
Kobe
Femarang
10
82
Dunlop Rubber
83/9 38/7
751
Bristol Aeroplate ......... 10/9 Imperial Chemical Ind. 31- United Steel
24/11
79
Woolworths
Marsman Investments ...
49/3 6/3
11/-
Western Holdings
14/
4/-
Sub-Nigel
141/3
Shell Trans. & Trad.
111
(bearer)
48/11
1/-
* bid.
tex. div.