14.77 14.83
21.00b 21 20
14.72 21.20
14.40 14.37
14.10 105A 1054 1019 751 751 76
.... 450
NY COTTON
NEW YORK LAND:
52 3/4
July
Closing Ranges Changes
14.57 N
03 of
On Japan
Oct
14 73 73
.04 off
Sept. Der
1062b
On demand
ICE ) 4
Day
14.86 85
02 1!
Do India:
Jun
14 85 N
02 oft
N.Y. BLACK PEPPER:
Felegraphic
Transfer
Mar
14.92, 92
02 up
82
Sept
and demand
May
Do New York:---
Bank Bills, on demand 24 lự
Credit, 60 days' sight 24 745
On Batavia ---
14 9191 Wednesday's sa es N.Y. RUBBER: Expl I
91 1
Dec.
104,100 bales
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
JULY 4. 1941.
Un London:-
Telegraphic Transfer. 1/2 7/8 Bark Bilis, on demand 1/9 708 Credits 4 months' sight On Shanghai: —
On demand
Do Singapore:-
8 8 8 8 8
On demand
N.Y. COMMODITY MARKET
(REUTER'S SERVICE)
New York Cotton, Oct New York Rubber, Sept New York Hides, Sept. Chicago Wheat. Sept Chicago Curn, Sept.
New York, July 3 I'rev High Low Clos Change
758 ¿
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
JULY 4, 1941.
STOCKS
Johnsmanville
14.73 21 156
04 DIT
15 UD
14 20 20 off
265
STOCKS
Last Sale
Last Sale
SATURDAY, JULY 5, 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 | Fremrporated by Royal Charter, 1865
Reserve Funds:
Sterling
6,500,000 Paid Up Capital 1.K. Currency Reserve $10,000,000 Reserve Fund Reserve Liability of
甚
off
July 3
Proprietors
$50,000,000
July 3
Reserve Liability of Pro-
printers
£3,000,000 €3,000,000
£3,000,000
Adams Express
51
65+
Head Office: --HONG KONG
Alleghany Steel Co.
221
Kennecott Copper......
374
Alis Chalmers
281
Libbey-Owens-Ford
Glass
281
Closing Ranges Change
Amer Can
85
Lockheed Aircraft
251
Board of Directors: Hon. Mr. J J. Pateraon,
10.32/35
07 up
American Cyanamid B
30
Lew's Inc
291
Chairman
05 up
Amer. & Foreign Power
1"
Martin, Glen L, Co.
28
WH Lock, Esq.,
Amer & Foreign $7 pf.
194
Montgomery Ward
332
Deputy Chamun
Amer, Locomotive Co.
131
National Aviation
&
J. K. Bousfield, Esq.,
643b/45a 0.55/56
08 up
Amer, Metals
$71
09 up
amer Radiator
Nat, Dairy Products National Distillers
132
A. H. Compton, Esq.,
211
Amer. Rolling Mill
14
Nat, Power & Light
63
Don. Mr. 8, H.
1. J. Davies, Edwell,
N.Y COTTONSEED OIL:
Amer. Sung and Ring Co.
41#
National Supply Corp.
7
G. Miskin, Esq.,
43 14
Ou Purtse
Oo Saigon:-
On Manila -
On demand
Bank Bills, on demand Nou Credits 4 months' sight Nosta
On demand
Total sales.--60 tons NEW YORK HIDES
Mar
21 15b 30a 21.10b/25a
20.85b
06 oft
Amer
Sugar Refining
101*
New York Central
12
K. B. Morrison, Esq.
unch.
05 up
Sept Dec.
11.240/27a
10 up
11.07b/09a
23 P
Amer. Tei, & Tel.
158
Ron, Mr. T. E. Pearce,
Niagara Hudson Power
23
BANGKOK
HEAD OFFICE: LONDON: 38, Bishopsgate E.C.2 Sub-Agencies In London: 1177122, Loudenhail Street, E.0.3.
West End Branch: 14/16, Cockapur Street, S.W.1.
Manchester Branch:
2. Mosley Street Manchester,
AGENCIES AND BRANCHES:
ALON STAN HONG KONG PENANG AMRITSAR
ILOILO IPOH
RANGOON SAIGON
Atzer
Tobacco "B"
701
N. American Aviation
14
N.Y. SUGAR No. 8:
Amer. Water works
Sept Dec.
....14 1,2
48 1:4
July
! Sept
149 1/2
Dee
14,206, 258
14.22,22
20 on
10 ON
July Sept
2,526/538
unch
Abaconda Copper
2540, 50
unch
Atchison, T & S Fe
Aviation Corp.
Total sales: -66 lots.
CHICAGO WHEAT
Business done 137 lots.
Baldwin Locomotive Co.
Nom
Wednesday's sales:
busies
23 3/6
CHICAGO CORN:
July Sept
Dee
اوراقی
the market as being steady ran Silver was unquoted
Ame
The London New York
Cros
rate was quoted at 402.1?
MARKET
STERLING
On demand
On Bangkok:--
On demang
On Sterling Notes:---
Bank Buying Rate
Bar Bliver per os.
Market Report
TROM ROZA BROS
Friday, July 4
Hiver prices were unchanged yesterday. the quotations remain- Ing at 2333 for both Ready and i Forward. Sliver advices reported
778/770
BANK OF
LONDON, July 3 Reater:
Public Deposits Other Deposits
AY Official Silver NY.London Cross Rate
ENGLAND
N.Y. SUGAR No. 4:
Baltimore & Ohlu
1043/104)
up
Barnadall on
105/3056
舟
off
Sept.
1.084b/002 011 off
Bendix Aviation
1061/1061
off
Business done:-132 lots.
Bethlehem Steel
10.637,000
NEW YORK COCOA
Bliss & Co., E.W. (com.)
Sept Dec
7.50
7.61
N
N
Boeing Airplane Co.
.ls all
f14 off
Borg-Warner
734 734
Briggs Mfg. Co.
75/751
17
A of
34-3/4 4.03-1/2
sudo Mfacturing Corp
Canadian Pactic
Celanese Corp
Cresapeake & Ohio
Chrysler
Columbia Gas & Elec.
June 26
July 3
nercial Credit Co.
000 5. Omnitec £25.320
Southern Ordi
£12,250
Consolidated Edison Co.
nsolidated Oil
Bankers
112,540
164.440
Copperweld Steel
Other Accounts Totul
50.350
53.160
Curtis Wright (C)
182,890
217.000
Distillers Corp. (Seagrams)
Avernment Securities
137,940
182,340
Douglas Aircraft
Oilter Securities:
Du Pont de Nemours
1/31 32 for
opened
with
There were sellers at 13 up to September, buyers at
any delivery
V. S. DOLLARS
Some business was done during! the course of the morning at 24.1/2 for near and forward the market with sellers at closed at 1 pm. 24.7.16 for near and forward.. buyers probably at 2412 for Cash
SBANGBAI DOLLARS
Opened with sellers at 461.1/2 but later the rate receded to 458. buyers tudding 459
SHANGHAI MARKET
Quiet, Sterling opened with: selters at 3.14 and closed a shade ›
1 A steadier at 317/84 for Spot
sellers
dollars 5.932 and closed with sellers at
5 18 for Spot.
Tol Bullion
Notes in citrulation
NEW YORK. July 3 Routeri.
Discounts and Advaness
6,910
8,400
Hasle Picher Lead
Securities
18,260
18.440
Elec. Autolite Co.
Total
25,170
20.840
Elve Bond & Share
Nates and Cons
42 930
38,520
Elec Bond & Share $5 pr
1,910 638.980
Ratio of Reserve to Liabilities Peive of Gold at which holdings
are valued
22.80.
1,080 643,370 16.75"
Ele: Bond & Share $6 pf
Elec Power & Light 87 pf
Gen Electric
163
188
Jen Motors
Den Railway Signal
FEDERAL
RESERVE RETURNS
SYSTEM
Gen. Tire & Rubber Goodrich B.F)
Goodyear Tire & Rubber
June 27
June 20
$
July 3
Great Northern Iron Ore Great Northern Rly, pid
Bills Bough
US Securities held.
Oreat Western Sugar Inter, Nickel
Federal Reserve Ratki
at
Federal Reserve Credil Quistand-
ing
Monetary Gold Stocks
SHANGHAI MARKET
Quiet.
STERLING
Industrial Advances
2.473,000
88.84%
2.511,000 2,240,000 19,871,000 22,820,000 8,975,000 9,088,000
2,184,000 2.184,000
91.22.
91,11%
Inter. Paper & Power Int. Tel. & Tel. (Fon Is.)
2,273,000 22,827 (100 9,293.000
1941
The market closed with sellers LONDON STOCK
at 1/3 up to September, buyers at
131.32 for for any delivery.
U. S. DOLLARS
The market closed with sellers
at 24.7/16 for near, buyers pro- bably at 24.1/2 for Cash
SHANGSIAL DOLLARS Opened with sellers at 458.1/2 Closed with sellers at 459.1/2. buyers al 460.1/2 for Spot.
SHANGHAI MARKET Sterling opened in the afternoon at 3.17/04 and closed a shade easter US Dollars at 3.1/4 for Spot sellers were quoted at 5.5/16 for Spot
Shanghai Exchange
Shanghal. July 4 Reater!.
Ocial T.T. Rates
Opening
EXCHANGE
(REUTER'S SERVICE)
London, July 3. The following quotations are the middle prices at the close of the Gula Kalumpong Rubber market in London. All quotations Lon. Mid. & Scot. Rly are subject la confirmation and no Great Western Rly responsibility 19 assumed for errors National Bank of Indta in transmission.
B.-A. Tob. (bearer)
War Loen, 3% Red.
after 1952) Defence Loan, 3%.... Canton-Kloon Rly 5 Chinese 44% Gold Lona
1898 (Brit, Issue Chinese 5% Gold Bonds
1925/47
bearer)
Chosen Corporation
12 8
4-
High Low Dow Jones Averages 13400 116.30 30 Industrials
28.75 28.54 20 Rails 20.60 17.22 15 Utilities 99.19 08,58 40 73.67 65.45 11
Mercantile Bank of In
ula, 5, "O"
11
Pekin Byndicate
1/-
ahat Elec, Constr. Co.
15:
S'hai Waterworks "A" Union Insurance
15
22
15
13
357
314
83/14
£
Dunlop Rubber
33/74
Bristol Aeroplane
11-
105 100-13/16 United Steel
Imperial Chemical Ind.
31/76
23/75
Я
Woolworths
51/-
Marsman Investments
5/76
42
......
Western Holdings Sub-Nigel
13-
138/9
45
Shell Trans
Trad.
Chin. 44% Anglo-French
Loan, 1908
(bearer
43/1/
42
• bid.
ex div.
New York
London
5-1/4 0/3-1/4
Chinese 5 Crisp Loan
1912 .......
27
Тара
22-1/4
India
18
Parls
Hongkong ...........
nominal 21-1/2
Chinese 6% Reorg. Loan
1913 (Ldn. Is.) Chinese 8% Ster. Notes
1925 Vickers)
30
7-9
Sterling
Bollers
Chin. Imperial Riy, 5%
Loan
Opening Closing
Honan Rly, 5% 1905
10
Spot
0/3-1/4
0/3-13/64
Hukuang Rly.` 6%, 1911
July
0/3-1/4
0/8-17/64
(LP. N/Y Jasue)
14
Aug.
0/3-1/4
0/3-17/04
0.8. Dollars
Spot
$6-9/32 $5-5/16
Hukuang Rly 5%. 1911
(German Issue) Lung Taing U Hai
TO-
12
and TIENTSIN
July
5.-9/32
Adg
5-9/32
5-5/16 5-11/82 Market: Quiet but steady,
Site Duty Rate
The Central Bank of China's rate on London at 10 am today was 1/2-1/20,
The Equalisatior rate WRR 24 ner cent
Calenta Exchange
**Okicutta, July 8 (Reuter). TT. on Japan, 81-1/2
Indių. Rupep: Papor
Bombay, July 3 (Router). Covt. 34% Rupes, 90-0-0.
Hly 8%, 1919 8'hai-N'king Rly. 5%.... 14 Tiontain-Pukow Aly, 5%
(Brit, Etpd.) Tientsin-Pukow Rly 5%
(German Stpd. Tientsin-Pukow Rly 5%, (Brit. Stpd. Supt. Loan Tlentain-Pukow Rly. $*%
(Gor, Stp Supi,Loan)
LONDON METALS
EXCHANGE
London, July 3 (Reuter}. Tin, Standard, Cash. Middle Price £258-3/4.
Tin, Standard, 3 months, Middle
Price, 260-3/8.
Market firm in sympathy with Straits advices, where prices rose 30/- apparently without United States purchases.
LONDON GOLD
SILVER MARKET
LONDON SILVER London, July 3 Reuter).
trade Silver-Small
demand seiling
covered
by production
Market steady.
Spot, 23-3/8d.
Forward, 23-1/2d.
BOMBAY SILVER
Bombay, July 3 (Reuter). Market Quiet. Offtake 60 bars. Indian Mint Silver
Ready
62-16-6 July 19 Settlement 62-14-0 62-13-0 Aug. 18 Settlement
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Passengers
SWATOW, SHANGHAL TSINGTAU, CREFOO
KOBE and OBAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside
10
10
the Roosevelt Terminal in
the French Concapaian at
10
10
22 € a
Jap. 0%, Stor. Loan. 1924 275 Get. 7% Intl, Lour, 1034 43 Chartered Bank
I. & 'hal Banking Corp. (Lin, Roga H.IC. de 'hal Banking
Our (Col. Reg.)
Chinese. Eng. de Mining
a-13/10
77
Shanghai, where passengers
and cargo are landi
For further particulars
please apply to-
JARDINE MATHESON&Co,.LT TELEPHONE KOJIIK GENERAL MANAGERS.
l'enang
CAWAPORE CEBU
Francisco COLOMBO
CURRENT ACCOUNTS opened
HANKOW
LUMPUR
NEW YORK
PEIFING
(Peking)
BHANGHAI
SINGAPORE
SITIAWAN SOURABAYA
TAIPING VIENIN TUNGKAN
(Bhuket)
TEINQUA
YOKOHAMA
FORBIGN EXCHANGE and General Banking Business transacted,
CURRENT ACCOUNTS opened and FIXKD DarOSITS received for One Year or shorter periods in Local or Other Currencies al rotes which will be quoted on application.
SAVINGS ACCOUNT also opened in
in Local Currency and Sterling with
application.
LOCAL CERRENCY And FIXED DE-interest allowed at rates obtainable POSITS received for one year or shorter periods in Leal and other Currencies on terns which will be quoted on application.
BOXES
The Bank's Head Office in London undertakes Executor and Trustee business and claims recovery of of British Income fax ovorpaid, on terms which may be certained at any of the Agoncies and Branches.
W. H. EVANS THOMAS,
Manager.
EXECUTOR
TRUSTEE and business undertaken. Hongkong. With February, 1941.
HONGKONG SAVINGS
BANK
The Business of the above Bank
BANK OF EAST ASIA,
LIMITED
PORATION. Rutes may he ob-Authorised Capital ....$10,000,000.00
Pan-Up Capital.... 5,598,600.00
For the Hongkong & Shanghai Reserve and Undivided
V. M. GRAYBURN,
Chief Manger. !
THE CHASE BANK
2,883,261.30
Head Office:-HONG KONG
No. 10 Des Voeux Road, Central
Board of Directors "
HON. SIR SHOuson Crow, Chairman
18. QUEEN'S ROAD, CENTRAL | Kom Chat Req.
NEW YORK.
P. Kok. Exq Wong Yun forg, Bag
Conte Sang. H
Wong Cha Sen
Pong Ping Wah Beq.
KAN TONG TO, Esq, Chief Manager HON, ME. Li THE 'ONG, Manager
An American Bank offering co- plete Foreign Banking Service in the principal Markets of the amor world.
SAFE DEPOSIT BOXES
This Bunk is a subsidiary of The Chase National Bank, New York, with Resources of over 1.8.3.11,800,000,000.
Manager
D. L. BALLANTYNE.
12th June 1943.
THE MERCANTILE BANK OF INDIA, LIMITED
Head Moo 15, Gracechurch Street, London, EC.J
The Bank of England and Midiand
Bank, Ltd. BRANCHES:
Hongkong Kanla Lipis
Sindro
Branches and Spencies:
Baiphong
Kowloom Pemang Singapore London Kangoon Bonrabaya Marila
Systow Salger Melbourne Anafran- Bydacy Nogazake
pisco Turbeln
Now York Boattle Fanouster Paris
Bewaring Pilping
Shanghal
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposite re- exived for one year or shorter periods in Local and Foreign Cur- rencies on terms which will he quoted on application.
SAFE DEPOSIT Boxes To Ler.
KAN TONG PO.
Chief Manager,
Specially Chartered by Kals Treng THE NATIONAL GOVERNMENT
OF CHINA AS AN INTERNATIONAL EXCHANGE
Rangoon Shangha Blast Howrah Kusla Jampur Singapore
HONG KONG BRANCH: Evry detription of poking and Exobsage bonizem brannuated.
BANK PAID-UP CAPITAL $40,000,000,00 (BRANCHES ALL OVER CHINA) Owing to our numerous Branches in China and connections in the CURRENT ACCOUNTS opened In Legal Car principal Commercial Centres of recy and FIXED DEPOSITS roolved in Lathe World, we are able to extend
TRUSTEE AND EXECUTORSHIP
UNDERTAKEN
Curteney & 828RLING on vormis ilat may ba annettaford on apy ficstles,
D. BENSON.
to our Clients special facilities for Domestic and Foreign Banking and MaTxchange.
WANT ADS
S
Quick!
Head Office!--SHANGEIAI Hong Kong Branch ;
4, QUEEN'S ROAD, C. South China Offices:
KONGMOON' TOIBHAN
CANTON
SWATOW
SHIUCHOW KINGCHOW
We also handle the issue of Bonda
and other Public Funds of the Chinese Government both at Home and Abroad.
SHOU J, CHEN,
Manager.
4!
North American Co. (New)
12)
Hon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,
BATAY LA
BOMBAY
KABAORI
KLANG
SEREMBAN
27
Northern Pacific
Bi
28
Packard Motora
2
Branches:
LUDE Chief Manager.
AGENCIES
GIVE STAKLI
CALCUTTA
KUALA
34
Fat AKIK
Paramount Pictures
101
14
Pennsylvania R.R
234
Amoy
Johore
31
Phillips Petroleum
438
Bangkok
Kobe
Rangoon Saigon
CANTUN
KUCHING
MARRAS
Batavia
Kowloon San
MANILA
91
Pullman Inc..
26
Borohay
Kuala
MEDAN
371
Pure Oil
92
Calcutta
Lumpur Shanghai DELHI
73A
Radio Corpn. of Am.
34
Canton
London
Singapore
HAIPHONG
162
Reading Company.
Com
171
Chelon
layons
Sourabaya
10
Remington Arms Co., Inc.
41"
Colombo
Malacca
Sungei
174
Repubile Aviation Corp
34
Dairen
Manila
19
Republic Steel
19
Foochow
Muar
Patani Swatow
34"
Haiphong
(Johore) Tentain
Reynold Tobac. "B"
321
Hankow
Mukden
Tokyo
4
Schenley Distillers
123
Harbin
221
Shell Union Oil
151
Toila
New York Tsingtao Priping Yokohama
Socong-Vacunum Of
91
Ipeste
557
Southern Pacifc
11
21
Southern Riy $5 pta.
24
244
Spicer Manufacturing Co
36
A
Standard Brands
52
181
Standard Gas & Elec.
6
Standard Oil of N.J.
424
15*
Studebaker Com,
54
81
Swift International
19
148
SAFE DEPOSIT vious Buzer to bet
Technicolor
721
Texas Corpn.
391
1541
Trans-America Co.
43
. . . . . . . . .
84*
30th Cent Fox Film, Com.
54
271
Union Bag & Paper Corp
11
24
Union Pacific
81
5141
United Aircraft
40
57
United Airlines Trans
101
342
United CorpR
$
134
United Corpn. $3 cum pf.
231
321
United
Gas Improvement
62
is conducted by the HONGKONG
& SHANGHAJ BANKING COR
371
US. Rubber
228
144*
U.S."Steel
561
10%*
tained on application.
Vanadium
24"
13
Vultae Alreraft
62
BANKING CORPORATION.
Profita
171
Walworth Co.
41
16
Warner Bros. Pict.
34
252
Westinghouse Elec.
945
Hong Kong 28th Feb., 1939.
24!
262
14
Woodward Iron Cor. Chase National Bank National City Bank
28
312*
28*
21*
Libby, MeNet]
DOW JONES AVERAGE
July. 2,
123.58
28.40
18.04
July 4, 1941. High Low Close 124.48 123.43 124.04 28.57 28.38 28,60 18.17 17.90 18.07
Change
HEAD OFFICE:
18, PINK STRKET,
.48 up
.05 up
Bonda
91,30
91.10
Commodity Index 72.38
77.96
.33 up .07 up .02 off
Business Done.-460,000 shares
Enterta
L
Hakow H-Molalu Zobe
London, July 3 (Reuter). Har Go'd. Fine per oz.. 168/-
Authorised Üspital Subsribed Capital Paltiny Capital .. Remarre Fund and Best,
BANKERS:
£9,000,00
<)ub.co
$1,080,00
£1,254,839
BANK OF CHINA
Bangkok
(pob
Bombay
Jatim
Calenta
Kranta
New York
Ovionlo
Kandy
Delhi
Karachi
Kota Blinru
י!