On demand
July
15.37 N
22 up
Im Slogapore:-
Oct.
16 53/53
18 up
On demand
Dec
15.08/08
20 up
Jap.
15.70 N
21 up
On Japan:-
On demand
Mar
15.72/79
May
15.73/73
14 up 16 up
On India:-
CHICAGO WHEAT-
July
1044/1047
Sept.
1000/100
Dec
1077/108
£
Friday's
salts:
On demand
(Red
On Parts:-
CHICAGO CORN:
July
734b
up
Canton-Koon Rly.
6%
1054 100-15/18
9
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
N.Y. COMMODITY MARKET
(REUTER'S SERVICE)
New York Cotton, Oct.
Chicago Whost, Sept.
Chicago Corn, Sept
N.Y. COTTON
New York, July 12, Prev High Low Close 15.36 15.60 15.43 15.53 1004 1074 1064 100+
7546 761 750 75%b
Change 18 up
off
up
Closing Ranges Change LONDON STOCK
Friday's sales: 34,500 bales
bushels
EXCHANGE
(REUTER'S SERVICE)
London, July 11. The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and no off responsibility is assumed for errors
In transmission. On 13,158,000
off
War Loan, 34%
after 1952)
Defence Loan, 3%
MONEY AND
EXCHANGE
CLOSING QUOTATIONS
JULY 12, 1941.
In London.
Telegraphic Transter. 1/2 7/ Bank Bills, on demand 1/2 7/8 Credits 4 months' sight
On Shanghai:—
Telegraphic and demand
Jo New York:
Bank Bills, on demand 24 1/8 Credis, 60 days' sight 24 7/8 Ja Batavia :--
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE) JULY 18, 1941.
STOCKS
MONDAY, JULY
BANKS
14, 1941.
HONGKONG & SHANGHAI THE CHARTERED BANK OF ·
BANKING CORPORATION
Authorised Capital $50,000,000
INDIA, AUSTRALIA
AND CHINA
STOCKS
Last Sale
Last Sale
July 13
July 12
Sterling..........
Adams ExpTBES
Бля
Alleghany Steel Co.
24
Allis Chalmers
31
Johnsmanville
Kennecutt Copper Libbey-Owens-Ford
68
Issued & Fully Paid-Up 350,000,000 Incorporated by Royal Charter, 1855
Reserve Funds:
6,500,000 Paid-Up Capital H.K. Currency Reserve $10,000,000 Reserve Fund
39
Reserve Liability of
Proprietors
$20,000,000
Glass
Reserve Liability of Pro-
prietors
Amer. Can
871
Lockheed Aircraft
27
Head Offoe:-HONG KONG
..£3,000,000 ...£3,000,000
£3,000,000 HEAD OFFICE: LONDON:
American Cyanamid B.
40!
Loew's Inc.
311
100
Amer. & Foreign Power
1*
Martin, Glen L. Co.
201
62 3/4
mer & Foreign $7 pf.
191*
Montgomery Ward
361
Amer, Locomotive (ʊ.
143
National Aviation
BB
102 1/4
Amer, Metals
18*
Nat, Dairy Products
14
Board of Directora : 1.on. Mr. J. J. Paterson,
W. H Look, Esq.,
Amer. Radiator
7
National Distillers
22j
Chairman.
Deputy Chairman.
Transfer.
Amer. Rolling Mill
15
Nat, Power & Light
7
J. K. Bousfield, Esq.,
82 6/8
Amer. Sting and Ring Co.
44)
National Supply Corp.
A. II. Compton, Esq.,
Amer. Sugar, Refining
17"
New York Central
121
L. J. Davies, Eeq...
amer. Tel & Tel
1567
Niagara Hudson Power
21*
Amer. Tobacco "B"
731
N. American Aylation
15
45 1/4
Bank Bills, on demand Numa. Credits 4 months' sight Nom.
Amer, Waterworks Anaconda Copper Atchison, T. & B, Fe Aviation Corp.
5
North American Co. (New)
131
291
Northern Pacific
Tá
298
Packard Motors
23
3%
Paramount Pictures
126
Baldwin Locomotive Co.
181
Pennsylvania R.R
241
Sept.
760
up
Dec.
78/781
unch.
Chinese 44% Cold Loan
1898 (Brit. Issue)
On Saigon:-
baitunore & Ohi
4
Philips Petroleum
44
On demand
104 1/2
Barnsdall ou
10
Pullman Inc.........
271+
43
......
in Manila:-
Bendix Aviation
38
Pure Oll
104
Amoy
Branches:
Johore
NEW YORK LARD:
Chinese 5% Gold Bonds.
On demand
48 1/4
Setlilemem Steel
752
Radio Corpn. of Am.
32
Bangkok
Batavia
Kobe Kowloon
Hon. Mr. S. H. Dodwell, G. Miskin, Esq...
K. S. Morrison, Esq.,
Hon. Mr. T. E. Pearce, Hon. Mr. A. L. Shields, Bir Vandeleur M. Grayburn,
38, Bishopsgate E.0.8. Sub-Agencies In London: 117/122 Leadenhall Street, E.0.3. West End Branch: 14/16, Cockspur Street, S.W.1. Manchester Branch:
58, Mosley Street, Manchester,
AGENCIES AND BRANCHES:
KANGOON SAIGON
ALOR STAR HONG KONG PENANG AMRITSAR
ILOILO BANGKOK
IPOR
KARAORI
BATAVIA
Chief Manager. CALCUTTA
Rangoon Saigon
KLANG
KODE
AGENCIES: KURLA CLIVE Frust PAIKOIS PLACE
BOMBAY
SEREMBAN
SHANGHAY
JINGAPORE
SITIAWAN.
LUMPUR
San
CANTON CAWNFORE CEBU
KUCHING
SOURABAYA
TAIPING TIENTSIN
MADRAS
ΤΟΝ ΟΚΔΗ
MANILA
1925/47
45
Bept.
10.60b
13 up
On Bangkok:- -
Bliss & Co., E.W. (com.)
18
Reading Company,
Com
174
Bontbay
Chin. 44% Anglo-French
Dec.
10,956 N.Y./London Cross Rate
20 up
On demand
149 1/2
Bucing Aurplane Co.
17
Kusla
(Bhuket)
Remington Arms Co., Inc.
Calcutta
Lumpur
Francisco OMBO Shanghai
MEDAN
DELUI
NEW YORK
TSINGTAO YOKOHAMA
4.08-1/2
Loan. 1908
43
On Sterling Notes:-
Borg-Warner
20
Republic Aviation Corp.
37
Canton
London
Chinese 6% Crisp Loan
Bank Buying Rate
1912 .....
27
Bar Silver per or
Nou 23 1/4
Briggs Mfg. Co.
201
Republic Steel
201
Chefoo Lyons
Bourabaya
Singapore HAIPHONG
HANŁOW
Buda Mfacturing Corp.
41
Reynold Tobac. "B"
33
Colombo
Malacca
Sungei
-
SILVER MARKET
BOMBAY SILVER
Bombay, July 12 (Reuter).
Market Quietly steady. Offtake Chin Imperial Rly. 5%
Chinese 5% Reorg. Loar
Canadian Pacific
44
Schenley Distillers
128*
Dairen
Manila
Patani
1913 (Lan Is.) Chinese 8%, Ster. Notes
1925 (Vickers>
37
7-0
50 bars.
Loan
51
Indian Mint Sver
Ronan Rly, 5% 1905
10
Ready
02-15-6
July 19 Settlement
Aug. 18 Settlement
62-14-6 62-13-6
Hukuang Rly. 5%, 1911
(LP. N/Y 189)
14
Continued Page 11, Col. 1
HONGKONG SHARE QUOTATIONS
STOCK EXCHANGE,
Bayers
Bullar
$75
$225
$400
::
$185
Shipping
120
ww
**
Steamboats
197
Indo China (Prof.)...
870
Indo China (Def,!.....
45.50
Shelte
#41
Mercantile Hka, "C"
Bank of East Asia.....
N. C. & 8. Banka.
Insurances
Cantor Insurance........... Union Insurancen......
Underwriter
H.K. Fire.......
Douglases
SHAREBROKERS'
ASSOCIATION
SATURDAY
Duste
Bollor
State.
12 JULY.
$1400
H.K. Banks......
286
J
281
£μ
Charta ad Banke
2937
Mercantile Bks. "A"
ELL
Market Report
FROM BOŻĄ BROS.
Saturday, July 12.
unchanged Silver prices were yesterday, the quotations remain- ing at 23.1/4 for both Ready and Forward Silver advices reported the market as being idle. No busi- American Silver was done. Dess was quoted at 34.3/4 for Spot.
The London/New York cross- rate was quoted at 402.1/2. York/London was quoted at 403.-
Ton 1/2
Columbia Gas & Rec. Commercial Credit Co. Com, & Southern (Ord.) Consolidated Edison Co. Consolidated Of .....
Celanese Corp.
251
Shell Union Oll
164
Foochow
Muar
Swatow
Chesapeake & Ohlo Chrysler
381
Sucony-Vacunum Oil
9*
Haiphong
561
Southern Pacific
121
Harbin
Hankow Mukden Tokyo
34
Bouthern Rly $5 pfd. ......
25
Iloilo
251"
Spicer Manufacturing Co. 37*
Ipoh
9/16
Standard Brands
19
iStandard Gas & Elec.
20
B
Standard Ou of N.J.
437
LOCAL CORRENCY and FIXED De
Copperweld Steel Curtiss Wright (C)
*52*
Studebaker Com,
54
POSITS received for one year or on application."
Swift International
20%
shorter periods in Local and other
Distillers Corp. (Seagrama)
151*
Wechnicolor
03
Douglas Aircraft
751
Texas Corp.
424
quoted on application.
Du Pont de Nemours
150
Frans-America Co.
4
SAFE DEPOSIT
New
Eagle Picher Lead
81
20th Cent, Fox Film, Com.
61
various sizes to let
Eice. Autolite Co,
281
Union Bag & Paper Corp.
12
TRUSTEE
and
Elec Hond & Share
21
Union Pacific
812*
Banks
Do. (Cal. Reg.)
Do. (Lon. Reg.)
$1390
£61
£294 £11
874
18 et
Quiet.
***
MARKET
STERLING
Elec. Bond & Share $5 pt.
551
United Aircraft
41T
Elec Bond & Share $8 pí.
591
United Airlines Trans
11
Elec. Power & Light $7 DI.
354*
United Corpn.
#
+
$221,
$400
175 cts.
$186
$120
B
880
870
*20
$6.95 $6.06
23:
#
+
$300
12/6
---
2 ola. 3 ota
$0.55 Waterhous
Docks, Wharves,
Godowns, ete.
1.K. & E. Wharves
Providents.....
$15.70 H.K. Docks (Old)..
H.K. Docks (New)..
+8hanghai Docka.
Kaitans
Mining
18
85
200
36
28
915.701
$B
There were sellers at 1/3 up to September, buyers at 1/3.1/32 for
any delivery.
near
D. S. DOLLARS Nothing doing. There were sellers at 24.1/2 for
and forward, buyers at 24.9/16 for any delivery.
SHANGHAI DOLLARS
Quiet, Opened with sellers at 408. 1/2 and closed with sellers at 464. 3/4, buyers probably at 465.1/4
SHANGHAI MARKET Sterling opened at 3.13/84. highest rate reported was 3.15/64 46/10 and towards the close the rate was sightly lower at 3.7/32 for Spot.
US Dollars opened with sellers at 5.1/4 and closed with sellers at 5.932 for Spot.
Shanghai Exchange
Shanghai, July 12 (Reuter)
Official T.T. Rates
99.75 26.54 20
20.65 17,22 15 92.19 89.66 40 73.66 03.45 11
Fintele
147
United Corpn. 3 cum pt.
234
Gen. Electric
33#
United Gas Improvement
7"
(Johore) Tientsin
New York Tsingtao
Peiping Yokohama Penang
PEIPING
(Peking)
FOREIGN EXCHARGE and General Banking Business transacted,
CURRENT ACCOErre opened and FIXED DEPOSITS received for One Year or shorter perioda in Local or Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNTS also opened in
CURRENT ACCOUNTS opened in Local Currency and Sterling with
The Bank's Head Office in London
Currencies on terms which will be undertakes Executor and Trustee
business, and claims recovery of
BOXES of British Income Tax overpaid, on
terms which may be ascertained at
EXECUTOR Any of the Agencies and Branches
W. H. EVANS THOMAS,
Manager.
business undertaken. Hongkong, roth February, 184]____
HONGKONG SAVINGS
BANK
interest allowed, at rates obtainable
Gen Motors
30
0.8 Rubber
251
Gen. Railway Signal
151
U.S. Steel
588
The Business of the above Bank
BANK OF EAST ASIA, LIMITED
Gen. Tire & Rubber......
112
Vanadium
26
is conducted by the HONGKONG
Goodrich (B.3.)...
Goodyear Tire & Rubber ...
Great Northern Iron Ore
Great Northern Riy, pfd.
Great Western Sugar Inter. Nickel
Inter. Paper & Power Int. Tel & Tel. (Fon. Is.)
The
1941
Bigh Low Dow Jones Averages 133.60 115.3) 30 Industrials
Raily Utilities Bonda
H.K. STOCK EXCHANGE
Saturday, July 12. BUYERS
LONDON METALS
Tin,
EXCHANGE
London, July 11 (Reuter).
Standard Cash, Middle
H.K. Govt. 31% Loan (1934), 94). Price, £258-7/8.
Providents, $6.
Lands, $35.50,
Raubs
12/8 $7.80
Hong Kong Mines.....
Opening
Lands, Hotels and Buildings
London
0/3-3/18
New York
5-1/8
#3) $35
83,PO $36235)
B.K. & 8. Hotels......
#3.70 | 98.80 | #34
Japan
21-3/4
H.K. Landa,
Bach
$34
India
17-5/8
HK. Banks, $1,400.
1876 Do. 4% Debentures.
307*
318 10
Shanghai Lands
Hongkong Paris
21-1/8
Bank of East Asia, $75.
nominal
Canton Ins., $225.
$3.35 201
23 31
11.K. Realties
$3.30
Union Ins., $400.
Humphreys
$6.70
Sterling
HK, Fire Ins., $185.
$201
Chinese Estates..
Sellers
Opening
Closing
#41
wo (8.)
041 $236
Spot
0/3-13/64 0/9-7/82
July
0/3-13/64 0/3-7/32
Aug.
0/3-13/84 0/3-7/32
$125
U.S. Dollars
$17.49
ww
142
17.00.50...
Spot
$5-1/4 $5-9/32
Star Ferries, $63.25,
€37
July
...5-1/4
5-9/32
$3
Aug. 6-1/4
5-9/32
Lights (Old), $6.
$82.60
122
18
$1,40
81.40/1.46
XR. $22
4914
$7
Cotton Mills
$305 S'hai Cottona (8.)....)
Zoong Sings (8.)........
Wing On Textiles (8.))
Public Utilities
$17.60/17... F.K. Tramway.........
Peak Trams (old).....
231 Peak Tram
$1.40/1.40 X.Rta
(new).....
Star Ferries.......... T'mati Ferries...
China Lighta (0)...............
China Lights (New)..
H.
Mectrics (Did...
13, K. Mertrica(Now)...
H.K. Electris (Rta.)| #112
Macno Electrice
Bandukua Lights........
#28.10 Telophones (old):
Telephones (n00}.............
Industrials
--
$18.30
Mare Kleetrios
$18
$I.D.
18.00
Cements
H.K. GÖL Loans
30744% Loan
Market: Quiet but steady.
Silver Duty Rate
The Central Bank of China's
rate on London at 10 am, today
was 1/2-1/24.
The Equalisation rate was 23-1/4
per cent.
$19
89.10
Calcutta Exchange
TT on Japan, 81-1/2
***
Calcutta, July 12 (Reuter).
75 ots. India Rupec Paper
T
$20
Call., Macg. (Ord.) 8.)
$25
Cald., Moog. (Prof.)B.
Cantoh less..
$10.40
J
H.K. Hope
16/151 $8.80
974"/
·041
0101
#10
01:00
01.85
€0.45
{8}}%
894 84%
100
$1.70
180 obe
3046
#49
TH
7
(1934)
Miscellaneous
Dairy Farms........... Entertainmeate
Constructions (old)... Constructions [oww]...
rest
Crawlonds Nanyang Tebaooo... $300 Singeren
Walconsume
Oh GX 1995Bde.
ILK. Wing On eit
What Wing Op
$7.00 Vibro Pillig ............
D/
Mateninna iny, (Lon.}}
3/1 Maramane lav. (HK)
Wm. Powalls.civ.
Lights Rt....
Pilala so Khanabal
Bombay, July 12 (Reuter). Govt, 31% Rupee, 90-0-0,
HONGKONG
SHAREBROKERS“
ASSOCIATION
Volume of Business Transacted
on Saturday, July 12, 1041..
BALIS 110,00 China Lights (0) ... 20% China Providents wi 949
014
-2009 0.10 600 0.00 500 0.021
100 17.00
H.K. Trainways H.K. Realtya laluding 500. 3.40 Star Ferries
84,00
*1860
The total value 1) $18,8826DIE
Humphreys, $6.60.
Realties, $3,35.
Chinese Estates, $101.50.
Trams, $17.40.
Yaumatt Ferries, $22.
Lights, (New), $1,40.
Electrics (Old) X. Rts, $22,
Electrics (New), $21.
Electrics Rts.. $11.
Tin, Standard. 3 months, Middle Price, £261-5/8.
Market very steady.
Macao Electrica, $18.30.
Telephones (New) XD., $8.90. Cements, $15.25.
Ropes, $8.75.
Wm. Powell, $1.40.
SELLERS
Hotels, $3,90.
Lands, $35.75.
Trams, $17.75,
Cements, $18.
Watsons, $10.95.
SALES
Bank of East Asia, $75, Providents, $6,021.
PORATION. Rule may be ob- Authorised Capital...810,000,000.00
Paid-Up Capital..... 5,695,600:00
For the HONGKONG & SHANGHAI Reservs and Undivided
V. M. GRAYBURN,
Chief Manager Hong Kong, 25th Feb., 1939.
THE CHASE RANK
16, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PINE STREET,
NEW YORK As 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.B.3.3,800,000,000.
D. L. BALLANTYNE,
12th June 1941.
Manager.
WANT-ADS ARE SURE!
INDO-CHINA
STEAM NAVIGATION COMPANY ITD.
Operating Services for Cargo and Passengers
TO-
SWATOW, SHANGHAI, TSINGTAÚ, CHEFOO
and TIENTSIN
KOBE and OSAKA"
̈BINGAPORE PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers borth alongside the Roosevelt Terminal in the French Concastor at Shanghai wliore passengers and cargo are lauded.
For further particulars
Head Office:-HONG KONG No. 10 Des Voeux Road, Central
Board of Directors 1odi HON. SIR SHOUBON CHOW, Chairman Li Koon Chan, Esq. Li Las Sang, Esq. P. K Kwok, Esq Wong Chu Son, Esq. Wong Tan Tang, Eaq Fung Ping Wah Esq. KAN TONG Po, Esq, Chief Manager HON MB. Li Tse FONG, Manager
Batarie Bombay Caloutin
Branches and Agencies:
Haiphong. Rackow Moncisin
Kobe
Реал Kowloon
London
Marila
Singapore
Kaogope Sourabaya Bairon Bwatow
Kalbano Ba Tran-Sydeuy Kuganke
cisco Tintein
New York Bottle Yahoogver
Pario
Palping
Semarang
Shangiel
Every description of Banking and Exchange business transacted. Loans granted on approved securities
Current Accounts opened in Local Currency and Fixed Deposits re- ceived for one year or shorter- perioda in Local and Foreign Cur rencies or terms which will be 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
BRAN
|PAID-UP CAPITAL $40,000,000.00, (BRANCHES ALL OVER CHINA) Owing to our numerous Branches in China and connections
principal Commercial
the World, we are able to artend to our Cliente special facilities for Domestic and
Exchange.
Foreign Banking and
Head Office SHANGHAI Hong Kong Branch: QUEEN'S ROAD, South Chinal Offices CANTON KONGMOON SWATOW TOISHANGA
SHIUCHOWKINGOHOWNL
We also handle the issue of Bonds and other Publo Fonds of Th | Chinese Government both at Ho and Abroad
SHOU J. OFINA
184
Vultee Aircraft
写真
& SHANGHAI BANKING COR
183
Walworth Co.
6*
171
Warner Bros. Pict.
44
tained on application,
263
Westinghouse Elec,
98
BANKING CORPORATION.
Profits
2,983,261.50
25*
Woodward Iron Cor.
283*
27
Chase National Bank
174
National City Bank.
31+ 271
24*
Libby, McNell
DOW JONES AVERAGE
July 18, 1941.
July. 11, High Low Close
127.90
29.10
18. B
91.49
Commodity Index
73.66
122.09 127.60 127.0 29.28 29.17 20.93 18.60 18.68 18.61 81.44
Business Done: 270,000 shares
•Change .10 off .04 up
Ob up .0% off
amoy