MONEY AND EXCHANGE
NEW YORK COMMODITY MARKET (RETTER'S SERVICE)
New York, June 25. Prev High Low Cloet
14.52
New York Rubber, July New York Hides, Sept.
On London:
CL ago Wheat, July Chicago Corn, July
7340
Closing Ranges Changes |
On Shanghai: —
On demand
14.47 48
440
ÎN.Y. CUTTON; Notice date----25/6 N.V. COTTONSEED OIL:
July
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
CLOSING QUOTATIONS New York Cotton, July
JUNE 26 1941
Telegraphic Transfer. 27/ Bank Billa, on demand 1/2 7/8 Credits 4 months' sight
Change
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
JUNE 26 1941
STOCKS
14.47 .05 off 21.00 21.05 21.00 21.00 14.51b 14.82 14.45 14.45 1024 403 102 1033
731
734
731
Closing Ranges Changes
unch.
.00 of
STOCKS
Last Sale
Last Sale
1/4 off
June 25
June 25
1/4 up
Adams Express
5)
Alleghany Steel Oc
221
AB Chaimera
211
Johnsmanville
dendecott Copper Libbey-Owens-Ford
634
$20,000,000
FRIDAY, JUNE 27, 1941
BANKS
HONGKONG & SHANGHAI BANKING CORPORATION
Authorised Capital. $50,000,000 Issued & Fully Paid Up $20,000,000
Reserve Funds
THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA Incorporated by Royal Charter, 1858
6,600,000 Paid Up Capital H.K. Currency Reserve $10,000,000 Reserve Fund Reserve Liability of
Proprietors
Sterling
£3,000,000 £3,000,000
Reserve Liability of Pro-
prietors
£4,000,000
301
Glass
272
Head Office:-HONG KONG
Amer. Can
84
Lockheed Aircraft
25
.05 011 July
American Cyanamld B.
371
Loew's Inc
On Singapore:-
Oct
14.87 87
07 off
12.55b: 64 N.Y. SUGAR No. 3:
.02 off
291
On demand
52 3/4
Dec
14 76 78
08 017
Jan
14.79 79
08 July
2.540,568
.02 ap
Amer. & Foretan Power... Amer
& Foreign $7 pf. Amer, Locomotive Co.
02
| Martin, Glen L. Co.
281
Board of Directore Hon. Mr J. J. Paterson,
19
Montgomery Ward
36
13A
National Aviation
WH. Lock. Esq.,
On Japan -
On demand
102 1:4
Mar
14 83 83
.08 uff Sept
2,556/58a
02 up
Amer, Metale
17
Nat, Dairy Products
131
Chairman
Deputy Chairman
On Todis
May
14.32 82
Telegraphic
and demand
Transter.
Tuesday's sales
217.400 bales
10 of Business done:-103 low.
N.Y. SUGAR No. 4:
Amer, Radiator
8?
National Distillers
201
J. B. Bousfeld, Esq...
Amer. Rolling M
141
Vat Fower & Light
68
A. H. Compton, Esq.,
Amer. Sting and Ring Co.
431
On New York:-
Bank Bllla, on demand 24 1/8 Crediza, 80 days' sight 24 7
NY. RUBBER: Notice dute 27:8
July Sept
July
21.00 00
unch
Sept
1 02 03 a 1.085 096 Business done: -571 lots
33: _up 02 up!
National Supply Corp.
L. J. Davies, Esq..
61
Hon. Mr. S. II. Dodwell,
Amer. Sugar Refining
16*
New York Central
124
G. Miskin, Esq.,
Amer. Tel & Tel.
150
Niagara Hudson Power
2
K. S. Morrison, Esq.
21 055 10
unch
Amer. Tobaccu "B"
891
N. American Aviation
141
Dee
21 05b 10
ID up
NEW YORK COCOA
Amer. Waterworks
43
North American Co. (New)
J21
Oo Batavia
On demand
45 1/4
Mar
20 70 21 00a
unch
Bepl
7.66 N
.08 0
Anaconda Copper
274
Northern Pacific
04
O Parla:-
Mt3t
unquoted
Bank Bills, on demand Nom Credits 4 months' aight Nom.
On Saigon:-
On demand
NEW YORK HIDES:
Total sales
290 tons
On Sterling Notes:-
Ear Stiver per os
Fale was quoted at 402.1-2. York London was quoted at 1/2
steady American
quoted at 34.3/4.
The
London New York
CI089- New 403
On demand
On Bangkok:--
On demana....
Bank Buying Rate
Market Report
FROM ROZA BROS.
Thursday, June 26. Silver prices rose 1/16 yesterday for both Ready and Forward, the
for both quotations being 231/2 deliveries The Silver market was
Silver
N.Y. BLACK PEPPER:
Sept
104 1:2
14.45 48 14.45 b
06 of .05 off
On Manila: --
#
4M 4
Tutui sales. - 24 luts
CHICAGO WHEAT
148 0%
July
Sept
1023 1024 104 104
0-1 4 up. 0-1 8 up
Now
ness
23 1:2
Tuesday's sales 16.355.000 bushels
CHICAGO CORN:
و المال
Sept
732-734 701-761 NEW YORK LARD
Sept
0-1 4 up
unch
¦ N.Y. COPPER: Notice date 27/6
July
11.90b 12,25a unch.
NY Official Silver NY. 'London Cross Rate... 4.03-1 4
ER MARKET
LONDON SILVER
London, June 25 Reuter
Silver. All steady with no busi-
Spot. 23-7 16d. Forward, 23-7 36d
BOMBAY, SILVER Bombay, June 25 Reuter |
Market.
Indian Mint Silver
Celanese Corp.
Atchison, T. & S. Fe. Aviation Corp.
Packard Motors
24
Hon. Mr. T. E. Pearce, Hon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn.
Chief Manager. CALCUTTA
BATAVIA
BOMBAY
HEAD OFFICE; LONDON:
38, Bishopsgate B.C.2. Sub-Agencies In London: 17:12, Londenhall Street, E.0.3. West End Branch: 14/18, Cockapur Street, S.W.1. Manchester Branch:
52, Mosley Street, Manchester,
AGENCIES AND BRANCHES:
RANGOON RALOON SERAMDAN
ALOR STAK BONG KONG PENANG AMRITSAR
ILOILO BANGKOK 3PON
KARACHI KLANG
KUBE
31
Paramount Pictures
12
Baldwin Locomotive Co.
158
Pennsylvania RR.
23
Branches:
34-3/4
Baltimore & Onic
34
Phillips Petroleum
44
A moy
Barnsdall ou
91
Pullman Inc...
Bangkok
Johore Kobe
Bendix Aviation
37
Pure Of
98
Batavia
Kowloon
Rangoon Saigon San
Bethlehem Steel
734
Radio Corpn. of Am,
4
Bombay
Kuala
Francisco
Bliss & Co., E.W. (com.}
161
Reading Company, Com
15
Calcutta Lumpur Shanghai
Boeing Airplane Co.
164
Cauton
Lundon
Remington Arms Co., Inc.
41*
Chefoo
Borg-Wame:
178
|Republic Aviation Corp.
34
Colombo
Maincoa
Lyons Sourabaya
Singapore
Sungei
Briggs Mfg. Co.
191
Republle Steel
10
Dairen
Manila
Budd M'facturing Corp.
4
Reynold Tobac, "B"
32
Foochow
Canadian Pacifie
32
Schenley Distillera
10
Haiphong
221
Shell Union Oll
144
Hankow
Chesapeake & Ohio Chrysler
364
Socong-Vacunum Oll
9
Harbin
571
Iloilo
Southern Pacific
132
Columbia Gas & Elec.
21
Ipoh
Southern Rly $5 pfd.
242
10.82 80
.12 off
Ready
83-0-0
Commercial Credit Co.
233
picer Manufacturing Co
33*
July 19 Settlement
62-14-0
Com & Southern (Ord.)
('UREMYT
Standard Brands
51
Sept
6090 110
.02 off
Aug. 18 Settlement ... 62.13-0
Consolidated Edison Co.
188
Standard Gas & Elec
07, 16*
Consolidated Oil
61
Standard O1 of NJ.
40
Copperweld Steel
14"
Studebaker Com
51
was
HONGKONG
STOCK EXCHANGE.
Buyer Belfora Sales Nominal
SHARE QUOTATIONS
SHAREBROKERS- ASSOCIATION
6 JUNE.
Ourtiss Wright (C.)
મ
Swift International
18*
quoted on application.
Distillers Corp. (Seagrama)
341
Technicolor
8"
SAFE
Douglas Aircraft
734
Техад Corpn.
391
various sizes to lot.
Du Pont de Nemours
154
Trans-America Co
41
TRUSTEE und
EXECUTOR
THURSDAY
Buyer Ballers
Nutter
Eagle Picher Lead
81
20th Cent, Fox Film, Com.
52
Elec. Autolite Co
271
Union Bag & Paper Corp
11
MARKET
Featureless.
STERLINU
Banks
Elec Bond & Share
21
Union Pacific
81
#1818
H.K
Banks
$1376
Elec, Bond & Share $5 pt.
504*
United Aircraft
39
-
£74
Din Cal. Bag.)
£79
Elec, Bond & Share 8 pf.
56
United Airlines Trans
10
any delivery
There were Beliers 1/3 up tic September, buyers at 1/3.1/32 for
U. S. DOLLARS
£751
Do Lon. Reg. |
£754
Elec. Power & Light 3 pt.
322
United Corpn
24
284
Chartered Banks
£81
flatkote
124
United Corpn. $3 eura pl.
221
123
Mercantile Ika
"A"
£233
Gen. Electric
324
£114
Mercantile Bko. "C"
eut
United Gas Improvement
7
Gen. Motors
381
$72
Bank of Buat Ania.
$72
U.S. Rubber
23
There were sellers at 24.1 2 for Cash and buyers 24.0/16 for Cash
SHANGHAI DOLLARS
$215
Sellers 451, buyers at 451/2
тая
$18.85
SHANGBAI MARKET Sterling sellers for spot at 9.5/16 The market open- US Dollars
ed with sellers at 5.7/16 and closed
at noon with sellers at 5.13/32 for 80 Spot
AFTERNOON MARKET
The market was quiet in the afternoon
STERLING
The market closed with sellers $5
at 1/3 up to September. buyers
at 1/31/32 for any delivery.
U. 8. DOLLARS
The market closed with sellers
at 24.1/2 for near and buyers at
24.9/16 for Cash
SHANGHAI DOLLARS
8128 Doughnes
Steamboate
Indo China
B00 lado-Chinas ¡Def.)
43/14 Shells
#6.50 Waterbon
Docks. Wharves. Godowns, etc.
cts., Hong Kong Mines.....
Lands, Hotels and
$1
Lad
BM
IK. Fires
Shipping
(P.)
N. C. & 8. Banks.
Insurances
Canton Insurances
$400 Union Insurances
nderwritern
17 ct.!
Gen. Railway Signal
141
0.8. Steel
562
Gen. Tire & Rubber
104*
Vanadium
25
$210
Goodrich (BF)
131
Vultec Aircraft
1400
Goodyear Tire & Rubber ...
17}
Walworth Co.
41
75 ctm.
Great Northern Iron Ore ..
131
Warner Bros. Plet.
34
$176
Great Northern Rly, pid.
271
Westinghouse Elec.
944
Great Western Sugar
237
Woodward Iron Cor.
241-
$120
Inter. Nickel
251
Chase National Bank
31*
38
Inter. Paper & Power
140
National City Bank
271*
$80
Int. Tel. & Tel. (Fon. Is.)
2)*
160
Libby, McNell
43/1+
DOW JONES AVERAGE
1841
June 28, 1941.
::
K&K. Wharven.
fligh
$38
854
818.30
Provideats........
$5.40
806
H.R. Docks (Old)
$15.30
$15.30
J
H.K. Docks (New)....
$%9
11/0
+Shanghai Docka....
Failana
B201
133.60 116.30 30 29.76 20.64 20 20.65 17.22 15 92.19 88.66 40 73.00 56.46 11
Low Dow Jones Averages
Industrials
June. 24, High Low Close
Change
323.28
123.83 122,85 183.52
20 up
Rails Utilities
28.20
25.62 28.10 28.50
.24 up
17.70
17.80 17.89 17.73
91.15 71.30
Mining
11/0
$8
Raube
SA
Bulldings
H.K. & S. Hotals.
K. Landa.......
Au American Bank offering corn- plete Foreign Banking Bervice in the principal Markets of the world.
Away
Kuw|700 Petan
Bala
Lundou
Hangin
Bu
facile
Ovalst
SAFE DEPOSIT BOXES
Italphon
Melbour Кленаки
Bad Fra
do Tentei
New York
Vancorer
ezolvăn
Pat
Y
Kobe
Pentius
Shangha
Muar
Patani Swatow
(Johore) Tientsin Mukden Tokyo
New York Tsingtao Pripiog
Yokohama
AGENCIES KUALA CLIVE STREET FALULIA PLOK
CANTON CAWNPORE
LUMPUR
RUCHING
MADRAS
MANILA
H{DMS) MRDAN
BANKOW
NEW TOLE PEIPING
(Peking)
FOREIGN EXCHANGE and General Banking Business transacted.
GORREST AUNTS opened and FIXED DEPOSITS received for Ou Year or shorter periods in Lesi or Other Currencies al rates which will be quoted on application.
SAVINGS ACCOUNTS also opened is ACOUNTY opened in Local Currency and Sterling with
Penang
LA VAL (CHRENDY and FixED Dinterest allowed al rates obtainable PUBITS received for one year or
on application.
shorter periods in Local and other
The Bank's Head Office in London Currencies on terma which will be undertakes Executo: and Trustee
business, and claima recovery of
DEPOSIT BOXES of British Income Tax overpaid, on
business undertaken Hongkong, 26th February, 1941.
HONGKONG SAVINGS
BANK
The Rusiness of the above Bank is conducted by the HONGKONG & SHANGHAI BANKING COR PORATION. Rules may be ob- Jained on application.
For the HONGKONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1039.
THE CHASE BANK
16, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PINE STREET,
NEW YORK.
terms which may be ascertained at any of the Agencies and Branchen,
W. H. EVANS THOMAS,
Manager.
BANK OF EAST ASIA, LIMITED
5,598,800.00
Authorised Capital 819,000,000.00 Paid-Up Capital ....... Reserve and Undivided
Profits
2,983:201.50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central
Board of Directors:
HON. SIR SROUSON Chow, Chairman
Li Lan Sang, Esq. Li Kuon Chan, Esq. P. Kwok, Esq. Wong Chu Son, Eng Wong Yan Torg, Esq. Fang Ptog Wah Esq Chan hing Shuk, Esq.
KAK TONG Po, Esq, Chief Manager HON. MR. LI TE FONG, Manager
Brunches and Agencies:
Hingapore Sourabaya
Swatow
Bydney
SHANGHAI
SINGAPOR
SETIAWAR
BOURABAYA
TAIPING
TIENTSIN
TONGKAR
(Bhuket)
TSINGTAO
DE).HI
TOKOHAMA
HAIPHONG
Halgon
03
$311
$97
$6.40
$371
#285
$196
$166
$7
$62
8211 $8.80 $0.10 B1.40
IR. 822
$21
$11
!!!
$8
Bonds Commodity Index
JAPANESE SHORT
OF COPPER
KWEILIN. June 26 (Central)—
I is reported that the Japanese
.03 up 91.14 .01 off 72.22 .17 off Business Dona: 430,000 shares
| LONDON METALS
EXCHANGE London, June 25 (Reuter) Tin, Standard, Cash. Middle
Tin, Standard, & months, Middle Price. £282-1/8.
have sent many Chinese traitors Price, £259-5/8. and undesirables into Kwangal province to exchange with plastres for Chinese copper coins which they intend to melt and use raw material for the manufacture of armament.
as
The Kwangsi Provincial Govern- ment has issued orders to the
Market dull. Smelter selling found little absorptive power for offerings resulting from embargo exports. In the United States, consumers bought sizeably.
different magistracies. instructing LONDON, June 26 (Reuter) them to take effective precautions. The House of Commons yesterday It has simultaneously ordered the discussed the shipping position in Bank of Kwangsi to withdraw all a secret session. It is understood copper coins in order to prevent that the Prime Minister, Mr. Wins- them from falling into enemyton Churchill. made
B compre- hang.
hensive statement to the House.
This Bank is a subsidiary of The
New
National Bank, Chase
Every description of Banking and York, with Resources of over Exchange business trausseted. Loade C.8.3.3,800,000,000.
D. L BALLANTYNE,
12th June 1941.
granted on approved securities.
Current Accouuts opened in Loos! Manager.Currency and Fixed Deposits re-
ceived for one year or periods in Local and Foreign Cur rencies on terms which will be quoted on application.
WANT-ADS ARE SURE!
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Passengers
70 atu.
$14
TO-
$8
976.
4.
BAL
8171
$1.05
$1.45
$3.00
$2,90
10.30
те
$45
134
M
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers barth alongside
the Roosevelt Terminal in
the Tronoh Contaton at
Bhanghai, where passengers
and cargo are landed.
For further particulare
please apply to-
JARDINE MATHESON& Co
TELEPHONTELKO-
GENERAL MANAGERS.
shorter
SAVE 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 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 Cliente special facilities for Domestic and Foreign Banking and Exchange.
Head Offer: SHANGHAI
Hong Kong Branch:
4, QUEEN'S ROAD, C. South China Offices:
CANTON
SWATOW SHIUCHOW
KONGMOON TOISHAN KINGCHOW
We also handle the issue of Bonds and other Public Funds of the Chinese Government both at Home and Abroad.
SHOU. J. CHEN,
Vounger.
Bellers at 451,3/4 and buyers at 462,1/2.
$3
#324
SHANGHAI MARKET
Sterling at 3.5/16 and U. 8. Dollars at 5716, both sellers for Spot.
$3
$96
Shanghai Exchange
Shanghai. June 26 (Reuter
Official T.T. Rates
$384 $286
Opening
London
0/3-1/4-
$16.40
New York
Japan
India
Paris Hongkong
6 5/16 22-1/2 18 nominal 21-5/8
431
Sterling
$52 $81.36 $6 81.30 $214
$0
Xfta.
Bellers
820
$11
D11
Opening
Closing
197 Do. 4% Debentures.
$15.80 Shanghai Lands.
H.E. Realties
$6.40 Humphreys
:::
Chinese Estates.
Cotton Mills ETO (8)
Shri Cottons (8.).. Zoong Singa (8.)..... Wing On Textiles (8.) Pubilo Utilities H.K. Tramways. ...... Peak Trama (old).... Peak Trams Inaw}..
Ferries
Star Ferries..... I'mati
China Lights (0; China Lights (New).. H. K. Electrics (Old).....
H. K. Kletics (Now).......
H.K. Electric (18.))
Spot
0/3-5/16 0/3-5/18
$18.66 Mucao Electrius Macao Electrios
June July
Sprit
Juce
0/3-5/16 0/3.5/18
0/3-5/16 0/3-6/10
0.8. Dollars
$5-7:16
5-7-10
$5-13 32 5-13:32
ทาง
1221
to
Sandakan Lighta...... Telephonos (cid}..... Telephones (now)......
#22+
Industrials
July
5-7/16
Market:-Quiet,
›
Silver Duty Rate
Shanghai. June 20 (Reuter).
The Central Bank
rate on London at 10 a.. today
was 12-1/2d.
The Equalisation rate was 24-1/4
830
5-7 16
81
►
$14.10
$14
SA
$8
of China's
India Rupee Paper
Bombay, June 23 (Reuter. Govt. 34% Rupde, 98-6-0.
LONDON GOLD
194
31%
per cent.
#171
66.30
***
Caleutta Exchange
Calcutta, June 25 (Reuter). TT on Japan. #1-1/2
#10j|10.40 810)
London, June 26 (Reutor). Dar Gold, Fine par oz., 108/-
30 ut.
Uld, bang. (Ord.) B
Cald., Macy. (Prof.)8
Canton Icas.-------- Cements
HK. Roper
H.K. Gort Louna
30% 4% LoaD 894 31%
(1994).. (1940) Miscellaneous Dairy Farma.
Entertainmenta
$1.60 Constructions (old)...
81 Constructions Inaw}...
36.45 Lane Crawfords,
Nanyang Tobsooo......
82.18 Sinceros
Watsons
8, 0.0%, 1995€ $1d». $80
II.K. Wing On S'hat Wing Un
$7.30 Vibre Piling
0/3 Marzan iny. (kon.) 3/14 Maremacy Tuv. (H.K.) $1.30 Wis. Fowell...............
Lights o...
+Sala to Shanghai