PAGE 8-HONGKONG DAILY PRESS
Finance
and Commerce
STOCK SOHANGER.
Bayer Heitors Salen
NEW
YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE
JULY 2, 1941
MONEY
AND
$1930
$1350 $1826
Do Col. Reg.!
FINANCE
HONGKONG SHARE
QUOTATIONS
SHAREBROKERS- ASSOCIATION
Nominal WEDNESDAY Huyer Ballart 8419
JULY.
Banks
H.K. Buku
Modos
31325 280
EXCHANGE
CLOSING QUOTATIONS
270
EB 18/10
2934
Do ¡n. Reg.) Chartered Banks....
£11
Mercantile 13ks. Mercantile ka
"A
STOCK8
Last ne
STOCKS
Last Sale
JULY 2. 1941
8724
July 1
July 1
0 London.---
Adams Express
53*
Southern Hly $5 pfd....
23
Telegraphic
Transfer. 19
Alleghany Steel Co.
22
Spler Manufacturing Co
35
Bank Bills, on demand 1/2?
$220
400
Alle Chaliners
278
Standard Brands
52
Credits 4 months' sight
Bank of East Asia. 8. Banka.
Insurances
Canton Insuraticos Union francés... Underwritern
$721
17 ct.
!!!!!:
£237
su
Sterling
Reserve Liability of
THURSDAY, JULY 3, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital.
$60,000,000!
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid tip $20,000,000 į facer pornted by Royal Charter, 1854
Reserve Funds.
UK. Currency Reserve $1,000,000 Reserve Fund
6,500,000 Paid Up Capital
£3,000,000
£3,000,000
$210
Proprietors
$20,000,000
$400
Reserer Einbility of Pro
prietors
£3,000,000
75 cts
Amer
Can
831
Read Office
HONO KONG
Standard Gas & Elec.
Shanghai :—
BINE
**
# K.
iren
$180
American Cranamid B
391
Standard OU of NJ.
411
On demand
444
Shipping
Amer Foreign Power
a
Studebaker Com
S
Jo Singapore:-
12h
Douglasen
$120
Amer & Foreign $7 pr.
181
Swift International
184
On demand
02 3/4
Steamboata
Amer, Locomotive ∞.
13
Vechnicolor
81
Ju Japan.-
Amer Motala
17
Texas Corpn. ...
394
On demand
881 806
Indo Class (Praf.).
880
Indo Chinas (Def.)
$60
Board of Directors: Hon. Mr. J. J. Paterson,
WH. Lock, Eaq...
142 14
Amer Radiator
в
41/4$
Trans-America Co
48
Jn India:----
44/46
#4 55
terbuais
Amier Rolling Mil
132
20th Cent, Fux Film. Com
53
Thegrapple
Transfer
J. K. Boushield, Esq.
Amer. Sting and Ring Co. 418
Brilon Bag & Paper Corp
11
and demand
Fre /M
Docks, Wharves.
Godowns, etc.
A. H. Compton, Esq.,
Amer Sugar Refining
161
Union Pacifie
801
Jn New York:-
189
KAR Winevas
1. J. Davies, Esq..
BSA
Hon. Mr. 8 H
Dodwell,
Amer Tel. & Tel
155
United Aeral;
394
Aner Tobacco “B”
601
United Airlines Trans
101
Bank Bills, un demand 24 18 Credles, 80 days sight 24 76
85.674
$6.67)
Providenta
$6.035
$15.90
$15.95
H.K. Docks (ON)
G. Miskin, Esq.,
#150
Amer Waterworka
41
HK Books (New)
K. S. Morrison, Esq
AMRITSAR
Chairma
Deputy Chairman
HEAD OFFICE: LONDON: 38, Bishopsgate 1.0.2 Sub-Agencies In London:
17/122, Leadenhall Street, C.3. West End Branch:
14 16. Cockspur Street, S.W.1. Manchester Branch: az, Mosley Street, Manchester,
AGENCIES AND BRANCHES:
HONG KONG PENANG
LOTLU
ALOR STAR
United Corph
in Batavia. ——
Anaconda Copper
27
}
lined Corpn. $3 cum pi
Atchison, T. & S. Fe
281
Aviation Corp
32
United Gas Improvement
US Rubber
Baldwin Locomotive Co.
14;
US Steel
Baitimore & Ohio
34
Vanadium
Barnsdall O
91
Vallee Aircraft
Bendix Aviation
361
Bethlehem Steel
73
Bliss & Co, EW. (com.)
181
Boeing Airplane Co.
10
Borg-Warner
17
Chase National Bank
Briggs Mfg. Co.
19
Budd M'facturing Corp
31
Canadian Pacifle
37
Celanese Corp
221
Chesapeake & Ohio
361
Chrysler
Alasada Juneau
Columbia Gaɛ & Bec
24
Commercial Credit Co.
241
Com & Southern (Ord.)
Consulidated Edison Co.
184
Assed. Gas & Elec. 6% Pt Atlantic Gulf and W Pf. Alantic Refining
Consolidated Oil
52
Allas Corp.
Copperweld Steel
15
Curtiss Wright (C.)
Barber Asphalt Corp.
Distlers Corp. (Seagrams)
14
Bath Iron Works
Douglas Aircraft
71*
Bellanca Aircraft
Du Pont de Nemours
1531
Callahan Zinc & Lead
Eagle Picher Lead
Ba*
Eire Autolite Co.
27
case II..............
Eee Bond & Share
22
Eler Bond & Share $5 pf
EN Hond & Share $5 pf.
561
Elec Power & Light $7 pf.
334
Flintkote
13A
Gen
Electric
324
zen
Motora
78
Coty Inc
Gen Railway Signal
14
Gen Tire & Rubber flodrich (B.F)
104
123
Deare Co
Goodyear Tire & Rubber
172
Great Nortnem Iron Ore
152
Eaton Mfg. Co.
Great Northern Rly, pfd
251
Oon American Trapts,
Great Western Sugar......
242
lolidden Co.
Inter. Nickel
25A
Goodrich $5 ptr.
Inter. Paper & Power
14
Great Lakes Dreged
Int. Tel. & Tel. (Fon. 19.)
2
Greyhound Corp.
Johnsman ville
631
Int. Harvester
Kenmeente Copper
371
Mack Trucks Inc
Libbey-Owetis-Ford
Glass
278
Lockheed Aircraft
241
Loew's Inc
29
Nat, Gypau!
Martin, Glen L. Co.
28
Nat. Lead Co
Montgomery Ward National Aviation Nat Dairy Products National Distillers Nat, Power & Light
334
B*
Pan A can Airways
138
M:Kesson & K. $3 pid
Mountain City Copper
Pacific Gas & Elect.
Piper Aircraft
20
Pburgh Coke & Iron
62
Pubile Service of NJ.
National Supply Corp
63
Ryan Aeronautical Ce
New York Central
11
Sears, Roebuck & Co.
Niagara Hudson Power
21
N. American Aviation
Southern Rly
14
Sperry Corp.
North American Co. (New)
124
Northern Pacific
B
Packard Motors
24
Paramount Pictures
103
Pennsylvania R.R
234
Phillips Petroleum
43
Pullman Inc..
201
Standard Gas & Elect.
Standard Oil of Calif.
Stone & Webster Texas Gulf Sulphur
Thompson Products Tidewater Assed. Ol
Timken Detroit Axie Co.
པྤནྣསྶཏྟཱཏྟབྷཏྟཏྟཊྛཊྛིཀྐ། རྩཊྛིཾཨྰཿཀྰལྷནྡཏྠོ ཨཱ སྐཚོསྒྱུ་ཨྰཿཚོཟ-ཨཽ =ཨྰཿརཱབྷཱབྷརྨཱཝཎྜསཽམཊིསྐཔྤཡོཎྞ ཞ ཟླཎྜ
On demand
an 1/4
Parts:as
18/0
+Shanghai Necks
Kailan:
Mining
Hon Mr. T. E. Pearce,
BANGKOK
831
IPUM
Ifon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,
BATAVIA
КАКЛОН
RANDO06
NitioN
SEREMBAN
13 16
Walworth Co.
Warner Bros. Pict. Westinghouse Elec.
Woodward Iron Cor
National City Bank
Libby, McNell
SPECIAL WEEKLY LIST OF
CLOSING STOCK
...
American L'motive $7 pf.
Auburn Central Mfg Co.
On Sterling Notes:-
Bar Silver per os.
Market Report
FROM ROZA BRUS.
Wednesday, July 2. Silver prices
unchanged yesterday, the quotations remain.
were
ing at 28.3 8 for both Reudy and Fewrard, Silver advices reported
the market as being steady Ameri can Silver was unquoted
The London (New York rate was quoted at 4021/2
Bank Bills, on demand Noor
Credite 4 months' sight Nom
Jn Saigon:-
In Manila:
120
$
Raubr
#7.80
Chui Manoyer.
TH
Hong Kong Mines.
Branches:
Lands, Hotels and
On demand
104 1/2
$3.05
On demand
48 14
$34, 34
Ja Bangkok:~~
$97
Os demano
149 1/2
$17
$3 10 $2.30
Bank Buying Rate... 23 3 N
$100
Now.
Balldings
Ainoy
K&B Hotela..
Ba
Bangkok
1.K
Laude
Do. 4% Debentures. Shanghai Lands
Realties
$6.40 Humphreys
Chinese Estates
Cotton MIH
$34
Batavia
Johore Kobe Kowloon
Rangoon Saigon SAU
3974
Bombay
Kuula
Calcutta
$3 $6.40
Canton
London
Chefoo
Lyons
Colombo
Malacca
Dairen
Manila
:
842
260
Ewe 18.)... S'hai Cottons (8.)
#41
Fonchow
$260
Haiphong
Zoong Sings (8.).
Hankow
Wing Ou Textiles (8
$125
Harbin
Public Utilities
Hoile
$16.80
$16.90
#7
HK Tramways..... Peak Trama (old).... Peak Trams (new)
13:0
$16,70
$7.
$3
*53
Har Ferriss
1624
-$211
$6
21.30
$22
X Rts
1. Plectrics (ONE)
CTOSS-
$21
#11
1)
1.K
Y'mati Ferries.
Chine Lights
China Lights (New)
15.is(New)
Electric (is) 811
821f
10%..
B4.00
-
$140
849
IR.
quoted on application.
821
SAFE DEPOSIT
BOXES
MARKET
Featureless.
STERLING
8181 818
$184
Macan Electrick
various sizca ter fel.
Macau Eloelrice
EXECUTOR
20
8224 89.10
for
1702"
16 for Cash.
454.1/4.
454.1/2
market
9176
ers at 455
Pure Oll
98
Twin City Rapids
19
Radio Corpa, of Am.
33
In Carbide & Carbon
714
Reading Company,
Corn
161
United Gas (common)
Remington Arms Co., Inc.
4/*
Un. Light & Pwr. "A"
A.K. Fire Ins., $182.50. H.K. Steamboats, $8.50. Indo Chinas Pref.), $81. Indo-Chinas
Del.. 565.
Republic Aviation Corp.
34
US. Ind. Alcohoj
25
H.K. Wharves, $89
Republic Stesi
181
U.S. Realty & Imp
1A
Docks, $15.90.
Reynold Tobac. "B"
321
¡US Rubber 8%, pfd.
93
Providents. $6.87
Schenley Distillers
12A
U.S. Smelt., Ref. & M
58
E.K. Mes, 1 cts.
Shell Union Oll
144
Y'stown Sheet & Tube
354
Hotels. $3.05.
Socony-Vacunum O
3
Royal Bank of Canada....
Southern Pacific
11
DOW JONES AVERAGE
1941
Bligh
Low Dow Jones Averages 133.60 116.30 30 Industrials
Huile 20.70 28.54 90
Utilition
20.65 37.22 15
02.18 80.08 40 Bonda 73.07 55.46 11
SILVER MARKET
123,14
July 2, 1941. June 30, High Low Close 123.37 122.51 122.85
Change .29 of
Lights Old. $6.
20.41
24.47 26.25 29.28
Lights New. $1.30.
17.80
17.88 17.8 17.71
91.12
Commexlity Tudux
4297
D18 72.00
.13 off .00 of .06 of .27 off
Electrics New $21.
Electrics Rts.. $11
Business Dong:-350,000 shares
LONDON SILVER
London, July 1 (Reuter).
Silver-8mall
trade
demand
quarters
antifled by production
Market steady.
Spot. 23-3/8d
Forward. 23-3/0d.
BOMBAY SILVER Bombay, July 1 (Reuter). Merkot
Gulet but stand. On- tako 80 bars.
Indian Met Silver
Roady 03-01-0 July 19 Bettlement 02-15-0 Aug. 18 Bettlemont ... 62-14-0
LONDON · GOLD
London, July 1*(Heuter), war Gold, Pipe per oz. 100/-
|Climax Molybdenum Co.
Cluett Peabody
Commercial Solvents
Continental Can.
Continental Oil
Corn Products Refining
Corn Products 7% Pfd.
Coty mi.
Curtis Wright Corp "A"
Distillers Corp. (Seagrams)
LONDON METALS
EXCHANGE
London, July 1 (Reuter).
Standard. Cash. Middle Price, 250-5/8
Tin.
Tin, Standard, 3 months, Middle Price.£280-5/0.
Market steady
with £1 better tone in spite of further smelter selling on the theory that with cash at the Ministry's provious buying limit and £20 below New York, a rally is probable.
STATION
There were sellers at 1/3 up September, buyers at 1/3.1/32
any delivery
U. S. DOLLARS
The market closed with
at 24.1/2 for Cash, buyers at 24
SHANGHAI DOLLARS
Some business was done in the morning at 454.
and also 454.3/4. The
closed with sellers at 454.3/4. buy
SHANGHAI MARKET
The Shanghai market was riosed
today
Calcutta Exchange
Calcutta, July 1 Reuter).
TT on Japan. 81-1/2
India Rupee Paper
Bombay, July 1 (Reuter).
Govt. 34% Rupee, 96-0-0,
H.K. Stock Exchange
Wednesday. July 2. BUYERS
H.A. banks. $3,330. Bank of East Asta. $72.50 Canton Ins., $220.
Realties, $3.10.
Chinese Estates. $100.
Trams. $16.80,
Star Ferries. $53.
Yaumati Ferries. $21.75.
Electrics Old X. Ris.. $22
Telephones Old. $22.50.
Telephones New. 39.10 Gements, $14.50. Ropes, $8.10.
Dairy Farms. $17.50.. Entertainments, $8.50.
SELLERS
HK Banks, $1,350. Douglases. $125. Realties,-93,30.
Macao Electrics, $18.50. Ceinents. $15.
SALES
H Govt. 34% Loan 1934, 04.00. H. Banks, $1,325/35.
established in Kwangtung by the ANIMAL HUSBANDRY Ministry of Agriculture and Fores
try. Mr. Taal Wu-chi, expert of the Ministry, who is in chargo of BHTUKWAN, July 2 (Central)-the metablishment, has arrived in Axi Animal Husbandry Expert-Kwellin and in expected here in mental Stution will shortly be the next few days,
$7.20 Vibra Piling
6/7 Marsmans Înv. (Lam.);
Marsmans Inv. (H.K.)
$1.20 Wm. Powells,
L14
Lights Ris...
Bale to Shaughn
MINING INDUSTRY
IN FREE CHINA
LOANS TO CHINESE WRITERS
The Central Bank of China, the CHUNGKING, July 2 (Central) Bank of China, the Bank of Com--The Literary Fund Committee munications and the Farmers decided at its 12th meeting held Bank of China will increase their here yesterday to loan $1,000 mining loans to $150,000,000 an- Mr. Wei Han-chang and $500 each nually in order to further develop to Mr. Wang Lu-yen, Hsu Tai- the mining industry in Free China, ku and Mr. Ku Llao-yen. Chinese according to the local Chinese writers, in ald of their work. banking circles.
It also decided to grant $1,000 The Increase is the result of ex-familles of Teng Ku and Lu Chih- und $500 R$ pensions to the tended negotiations between the Banks and the Ministry Economic Affairs and Chinese min
ing interests.
han, also Chinese of
recently passed away.
writers. who
A Wartime Literary Series will be compiled by the Committee.
It is estimated that some 2,000 organisations are now engaged in Kwetchow, Kwangteng, Kwangsi mining in Szechwan, Yunnan, kad other provinces.
Subaghsi
Every description of Banking and
Chane National Bank, New York, with Resources of over Exchange business transacted. Loans 1.8.8.3,800,000,000.
D. L. BALLANTYNE.
12th June 1941,
granted on approved securities.
Current Accounts opened in Local
Munager. Currency and Fixed Deposits re-
WANT ADS ARE SURE
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Palengore
TV-.
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OBAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers borbli Högside the Roosevelt Terminal in the Fronoh--Concassion a Bhangbai, where passengers and cargo are landed.
For further particulars
plesso apply to
JARDINE MATHESON&Co.,LT TELEPHONĚ KOZIK GENERAL MANAGERS
ог
ceived for periods in Locul and Foreign Cur rencies on terms which will be quoted on application.
SAFE DEPOSIT Boxes To Lat.
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 (BEANOBES ALL OVER ÜHINA)
Owing to our numerons Branches in China sad connections in the principt! Commercial Centres of the World, we are able to extend to our Cliente, special facilities for Domestic and Foreign Banking and Exchange.
Head Office-SHANGHAI' Hong Kong Branch:
4, QUEEN'S ROAD), C. South China Offices:
CANTON
SWATOW BHIUCHOW
KONGMOON TOISHAN KINGONOW
We also handle the Iskie of Bonds and other Public Funds of the Chinese Government both at Home and Abroad,
RHOU J. CHEN,
Wasinger.
#12
Pandakan Lights......
Talentunes (old)
Telephones (new) Industrials
$9.10
Maid Macg (Ord.18 Cald. Macg Præf.JB
H.K. Ropes
!!!
830
$26
sellers
$1
Canton lena
73 ota.
$140 $15 $8.10
8144
'eunts
$141
88.20
H.K. Goyl Londa $971% Load
s conducted by the HONGKONG
LIMITED
8741.
$944
$94
3% 9%
(1984)
916
ob
Authors Capita
(1940)
་
£10,000,000.00 3,508,600.00
MiserBaneous
Dairy Farmas.................................
$17
2,995,261.50
Entertainmente
81.60 Constructions jold)...
$1
CL. G.6% 19250 §Bdz
$1.86
V. M. GRAYBURN.
Chief Manager.
Constructions (vaw)...
Hong Kong, 25th Feb., 1939.
$6.48 Lane Crawfords...
$8.45
Nanyang Tobseco...........
$3.60
$2.18
Dinceres
$2.90
10
Waleous
$10.30
DA
20°
$39
IK. Wing Op
$42
B'bat Wing De
$14
2/1
SAFE DEPOSIT BOXES
HEAD OFFICE:
516
Ao American Bank offering con
plete Foreign Banking Service in the principal Markets of the world.
Amay
Bats la Beat Ostentia
H siphons
Хвувака
Batow Dostin Kobe
New York
Paris
1x
This Bank is a subsidiary of The
50
CURRENT
Lumpur
Muar
francisco
CALCUTTA
KOBE
AGENCIES: KUALA
OR TAKI FALIR PLACE
LUMPUR
KUCHING
CAWNPURE MADRAS
CERC
Shanghai 36310
Singapore Sourabaya
Sungei
Patani
Skatow
(Johore) Tientsin Mukden Tokya New York Tsingtao
Peiping Yokohama Penang
AQSUNTS opened
HAIPHONG
HANKOW
MANILA
MEDAN
NEW YORD IPING
(Peking)
SHANGHAI
SINGAPORE TAWA SITIAWAN
SURABAYA
TAIDINGS TAIPING
TIENTSIN TONGXAR
(Bhuket)
Fontex RxOMANGE SOU General Banking Business transacted,
Fix
'CREENT ÅÇOLUNTE opened and DEPOSITE received for Our Year or shorter perioda in Local or Other Currencies l Pates which will be quoted on application.
SAVINGS Aenoras also opened in
in Local Currency and Sterling with
Ler, CURRENT and FIXED DR-interest allowed at rates obtainable PUNITY received for one year or
on application.
shorter periods in Local and other Currencies on terms which will be undertakes Executor and Trustee The Bank's Head Office in London
TRUSTEE EL busionss modertaken. Hongkong. 28th February 1941
HONGKONG SAVINGS
BANK
of
The Business of the above Bank
& SHANGHAI BANKING COR. PORATION. Rules may be
ained on application.
business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Brunches.
W. H. EVANS THOMAS.
Manager.
BANK OF EAST ASIA,
Pan-Up Capital
For the HONGKONG & SHANGHAI Resery and Undivided
BANKING CORPORATION.
THE CHASE BANK
Head Office:-HONG KONG No. 10 Des Voeux Road, Central
Board of Directors:
HON. SIR SHUUSON CHOW, Chairman
L. Lau Saug. Eeg Wong Chu Son, Esq
15, QUEEN'S ROAD, CENTRAL Li Ken Chan Bag.
P. Kwok, beg Wong on loog, Esq. Frog Ping Wab Esq. KAN TONG Po, Esq, ('hief Manager - How, Mn. Li The Foso. Manager
18, PINE STREET,
NEW YORK.
Branches and Agencies:
Loung Atanja
Melbourne
Penang ning apara Baugrun Nal
durabaya Hwntow
San Fran Sydney
cine Tila
Thannover
Southe
BOMBAY
KLANG
CANTON
COTABAT
NIS GTAיף
AUKOHAMA
A
Profits
Kokiudu
Semarang
one
year
shorter