PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
JULY 16, 1941.
407
MONEY AND EXCHANGE
JULY 18, 1941.
> London-
Telegraphic Transter. 1/2 7/8 Bant Bills, on demand 1/2 7/8 Credits 4 months' sight
Credits 4 months' sight Nom.
Market Report
this morning. American Silver wâs quoted as 343/4 for Spot
THURSDAY, JULY 17, 1941.
BANKS
N.Y. COMMODITY MARKET HONGKONG & SHANGHAI THE CHARTERED BANK OF
(REUTER'S SERVICE)
New York Cotton, Oct.... New York Rubber, Sept............. New York Hides. Dec, Chicago Wheat, Sept. Chicago Corn, Sept. N.I. COTTON
Closing Ranges Changes
15.75 N
24 up
15.93/93
.23 up
14,05/05
21 up
16.06/06
.20 up
16 14/14
24 up
16.14/14
22 up
Monday's sales:-149,900 bales
New York, July 18, Prev Eigh Low Close Change 15.70 15.94 15.72 15.03 23 up 21.51b 21.70 21,60 21,70 19 up
1054 1051 1018 106 unch.
750 751 75 75ta
ton
LONDON STOCK EXCHANGE
(REUTER'S BERVICE)
Loudon, July 15. The following quotations are the middle prices at the close of the market in London. All quotallone Fure subject to confirmation and no responsibility is assumed for errors in transmisSTOR.
==
BANKING COFPORATION
Authorised Capital... $50,000,000
Sterling
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up 820,000,000 Incorporated by Rognl Charter, 1855
Resorve Funds:
£6,500,000 Paid-Up Capital £3,000,000 H.K. Currency Reserve $10,000,000 Reserve Fund...........£3,000,000 Reserve Liability of
Reserve Liability of Pro- Proprietora
prietors.
$20,000,000
Head Office:-HONG KONG
Bourd of Directors: Hon. Mr. J. J. Paterson,
W. H. Look, Esq.,
Chairman Deputy Chairman.
J. K. Bousfield, Esq., A. H. Compton, Esq., L. J. Davies, Esq.,
Hon. Mr. S. H. Dodwell, G. Miskin, Esq.,
K. S. Morrison, Esq., Hon. Mr. T. E. Pearce, Hon. Mr. A., L. Shields, Sir Vandelbar M. Graybars,
Ühist Manager.
£3,000,000
HEAD OFFICE: LONDON:"
38, Bishopsgate E.C.2.
Sub-Agencies In London: 17/122, Leadenhall Street, E.03. West End Branch: 14/18, Cockapur Street, 6.W.1. Manchester Brauch:
6, Mosley Street, Mansheater, 2
AGENCIES AND BRANCHES:
HONG KONG PENANG ILOILO
IPOH
ALOK STAR
AMRITSAR
BANGHUK
BATAVIA
BOMBAY
CALOUTTA
KARACHI
KLANG
KOBE
AGENCIES: KUALA
LATE TREIT FALLIN PLACE Rangoon CANTON Saigon CAWNPORE Son
CEBU
LUMPUR
KUCHING
MADRAS
MANILA
Francisco COLOMBO M&DAN
HAIPHONG
Sourabaya HANKOW
Patani Swatow (Johore) Tientsin Mukden
Tokyo
New York Tsingtao
Yokohama Peiping
Penang
RANGOON
·SAIGON
SEREMBAN
BUANGHAL
SINGAPORE
SITIAWAN
HOURABAYA
TAIPING TIENTSIN
TUNOKAK
(Bhuket)
TSINGTAO
NEW YORK YOKOHAMA PEIPING
(Peking)
FOREIGN EXOHANGE and General Banking Business transacted,
CURRENT AUNT opened and FIXED DEPOSITS received for Ous Year of shorter periods in Local or Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNTS also opened in CURRENT ACCOUNTS opened inLocal Currency and Sterling with LOCAL CURRENCY and Fix De-interest allowed at rates obtainable 208118 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
SAFE DEPOSIT BOXES various sizes to let.
business and claims recovery of of British Ineoins Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches
W. H. EVANS THOMAS,
Manager.
TRUSTEE and EXECUTOR business undertaken. Hongkong, 26th February, 1941.
STOCKS
Laat Gale
STOCKS
Last Sale CLOSING QUOTATIONS
July 14
July 14
adame Express
81
Southern Rly $5 prd, ......
274
Alleghany Stoel Ob.
23+
spicor Manufacturing Co
37)
Alis Chalmers
31
Standard Brands
6
Amer. Can.......
981
Standard Gas & Elec.
102
American Cyanamid B
Standard Oll of NJ.
434
Amer. & Foreign Power
}
Studebaker Com
51
Jo Shanghai:---
On demand
Amer Amer, Locomotive
& Foreign $7 pf
20
Swift International
21
450
July
Ja Singapore:
.
14)
Technicolor
Oct,
On demand
Amer. Metals
184
Texas Corpn. ....
43
52 3/4
Dec.
Amer Radiator
Trans America Co
44
On Japan:-
On demand
Jan
Amer Rolling Mill
142
20th Cent Fox Film, Com
108 1/4
6#
Mar.
Amer. B'ling and R'ing Co.
44)
Union Bag & Paper Corp
12
Ju India:--
May
Amer Sugar Refining
171
Union Pacific ....
82
Telegraphic
Transfer.
182 6/9
and demand
Amer. Tel, Tel.
158
United Aircraft
434
On New York:-
Alter, Tobacco "8"
72
United Airlines Trans
111
Amer. Waterworks
5
Baited Corpu
惟
Anaconda Copper
29}
United Corpn. $3 cum pl
Bank Billa, on demand 24 1/8 Crediis, 60 days' sight 24 7/6
N.Y. RUBBER:
Sept
234
Jo Batavia:-
Dec.
Atchison, T. & 8. Fe
291
United
Gas Improvement
7
On demand. 46 1/4
Mar.
21.70/70 21,500/000 21.30b
19 up .15 up 10 up
Aviation Corp.
32
U.S. Rubber
241
B
J PAT:
Baldwin Locomotive Co.
161
0.5. Breel
BA
Bank Bills, on demand Nom,
Baltimore & Ohio
$&
Vanadium
26
Barnadal O
10
Vultec Aircraft
On Saigon:-
Bendix Aviation
381
Walworth Co.
5
Total sales:-200 tona.
NEW YORK HIDES:
Deo
War Loan, 34% (Red.
after 1952) Defence Loan, 3%
On demand
104 1/2
Bethlehern Steel
761
Wamer Bros, Piet.
41
In Manila:-
Bliss & Co., EW. (com.)
18
Westinghouse Elec,
961
On demand
48 14
Boeing Airplane Co.
101
Woodward Iron Cor.
28
14 30b/38u Total sales--24 lots. CHICAGO WHEAT-
105-1/16 ........ 100-15/18 02 up Canton-K'loon Rly. 5% Chinese 41% Gold Loan
1898 (Brit. Issue) Chinese 5% Gold Bonda
Branches:
Amoy
Johore
Bangkok
Kobe
Batavia
Kowloon
43
Bombay
Kuala
Calcutta
Borg-Warner
194
Chase National Bank
On Bangkok:~~
Lumpur Shanghai DELUI
31**
July
On demana
149 1/2
Briggs Mfg. Co.
20
National City Bank
27*
Sept.
On Sterling Notes:--
Budd M'facturing Corp
41
Libby, MeNell
Dec,
Bank Buying Rate
Canadian Paciic
4)
Celanese Corp.
251
SPECIAL WEEKLY LIST OF
Bar Bliver per os
Nom 23 1/4
Chesapeake & Ohio
387
CLOSING STOCK
Chrysler
561
Alasada Juneau
4
Monday's bushels.
CHICAGO CORN:
1037/1037 unch. 1053/1058 unch, 187/1071 umch. sales: 12,984,000
1025/47
45
Canton
London
Chin, 44% Anglo-French
Chefoo
Singapore
Lyons
Loan, 1908
43
Colombo
Malacca
Sungei
Chinese 5% Orisp Loan
Dairen
Manila
1912
27
Foochow Haiphong
Muar
Chinese 5% Reorg. Loan
1913 (Ldn. Is.)
Hankow
30
Harbin
Columbia Gas & Eloc.
3
American L'motive 37 pf.
947
Commercial Credit Co.
254
Assed. Gas & Elec. 6% Pt.
Cum, & Southern (Ord.
#
Atlante Gulf and W Pf.
34*
FROM ROZA BROS.
Wednesday, July 16.
July
781b/73ga
Sept
of
off Chinese 8% Ster. Notes
(Vickers)
Dec.
78/78
off
1925 Chin. Imperial Rly. 5%
BL
Iloilo Ipoh
Consolidated Edison Co.
19.
Atlantic Refining
231
Bliver prices
were not quoted
Luan
54
Consolidated Oil
#
NEW YORK LARD:
Atlas Corp. .........
71
Honan Riy. 5% 1905
13
Commerweld Steel
161
Auburn Central Mfg. Co.
31
Sept.
Curtiss Wright (C)
9
Barber Asphalt Corp.
94
The London/New
York cross-
Dec.
10.50/50 10.80/80
.02 off
Hukuang Rlý. 5%, 1911
.05 off
(LP. N/Y 1sque).......
14
Distillera Corp. (Scagrams)
163
Bath Iron Works
234
Douglas Aircraft
741
Bellanca Aircraft
341
rate was quoted at 402.1/2. York/London was quoted at 403.-
New
N.T. BLACK PEPPER:
Hukuang Rp. 5% 1911
(German Issue)
quoted on application.
12
Du Pont de Nemours
158)
Callahan Zinc & Lead
15/16 1/2
Sept
Eagle Picher Lead
9
Case (JI)
791
MARKET
Dec.
5.69b/77a 5,80b/87a
unch. .01 up
Lung Tsing & V
Hot
Rly. 5%, 1913
10
Elec. Autollte C
277
Climax Molybdenum Co.
380
Quiet
Elec Bond & Share
21
Cluett Peabody
STERLING
N.Y. COTTONSEED OIL:
Elec Bond & Abare $5 pf
531
Commercial Solverits
10
Eler Bond & Share $6 pt.
574
Continental Can
36
Elec. Power & Light $7 pi
35
Continental Off
241
There were sellers at 1/3 up to October, buyers at 1/3.1/32 for any delivery
Sept
11.58/58
Dec.
11.41/41
13 up 13 up
N.Y. SUGAR No. 3:
shai-N'king Rig. 5%... Tientsin-Pukow Rly, 5%
(Brit Stpd) ........ Tientsin-Pukow Rly, 6% (German Stpd.).........
14
12
12
Fitntkote
k54
Corn Producta Reaning
50
U. S. DOLLARS
Tientain-Pukow Aly, 5%
Gen Electric
331
July
Corn Products 7% Pid.
179
Cen Motora
381
Coty Ine.
4
Con Railway Signal
141
Coty int.....
11,16
Gen. Tire & Rubber
121
Curtis Wright Corp "A"
281
Goodrich (B.F.)
151
Deere Co.
25
No business was reported. There were sellers at 24.9/16 for near and forward, buyers at 24,5/8 for Cashi. Steady.
Sept.
2 Sub/598 2.59b/608 Business done:-124 lots,
02 up .02 up
(Brit. Stpd. Supi, Loan) Tientaln-Pukow Rly: 5%
(Ger. Stpd. Supl. Loan)
12
12
N.Y. SUGAR No. 4:
Goodyear Tire & Rubber...
18
Distillers Corp. (Seagrams)
Great Northern Iron Ore
171
Eaton Mfg. Co.
328
Great Northern Rly, pfd
27
Gen
American Trupts,
531
Great Western Sugar
25%
Glidden Co, ..............
16
SHANGHAI DOLLARS Opened with sellers at 461.3/4 with business done later at 461.1/2. The market closed with sellers
Sept
Dec.
May
1,23b/234a 024 up 1.27+b/28a .03 up 1.324b/338 .04
up Busincas done:-724 lots,
Jap. 6% Ster. Loan, 1924 257-201 Ger. 7% Intl Loan, 1924 4 Chartered Bank
8-15/16
Inter Nickel
201
Goodrich $5 pfr.
65
at 480.1/2. buyers at 461.
Inter. Paper & Power
173
Great Lakes Dreged
140*
SHANGHAI MARKET
NEW YORK COCOA
& S'hal Banking Corp. (Col. Reg.) ..... Chinese Eng. & Mining
804
85
Int. Tel. & Tel. (Fon 19.1
Zi
Greyhound Corp.
12
Johnsmanville
671
Int. Harvester
544
Reinecott Copper
382
Mack Trucks Inc.
Libbey-Owens-Ford
Olowa
301
'McKesson & R., $3 pfd
31
Lockheed Aircraft
261
Mountain City Copper
21
Loew's Inc.
311
Sterling opened with sellers 3.15/64 and closed at 3.1/4 for Spot. U.S. Dollars steady. There! were sellers at 5.5/16 for Spot Qulet.
at
Sept. Dec.
7.44 N 7.55 N
07 off 08 off
(bearer)
Chosen Corporation ......
13/6 4/-
Mercantile Bank of In
N.Y, WOOL GREASE
dia, £5, "0"»
11
Dec.
9$.3/93.3
01 up
Pekin Syndicate
1.
Nat Gypsum
71
Martin, Clen L, Co
20
Nat. Lead Co.
18
NY. Official Silver N.X./London Cross Rate
34-3/4
S'hai Elec. Constr. Co. ...
15/-
408-1/2
S'hai Waterworks "A"
16
Montgomery Ward
30
Pacific Gas & Elect,
24
Linton Insurance
22
National Aviation
83*
Pan-A'can Airways
131
141
Piper Aircraft
43"
National Distillers
221
P'burgh Coke & Iron
7
Nat, Power & Light
az
Publle Service of N.J.
228
(Gala Kalumpong Rubber 15
Lea Mid. & Scot., Rly. 147
Great Western Rly. National Bank of India
38
31
National Supply Corp.
7.
Ryan Aeronautical Co.
31*
London
New York Central
134
Sears. Roebuck & Co.
741
New York
Cash, Middle B.-A. Tob. (bearer)
Dunlop Rubber
85/74
35/-
Niagara Hudson Power ...
21
Southern Rly.
144
Japan
11/-
N. American Aviation ....
347
Sperry Corp.
38
India
Imperial Chemical Ind
32/3
North American Co. (New)
13
Standard. Gas & Elect.
Hongkong
24/-
Northern Pacific
11
Standard Oll of Calif.
23;
Parlo
nominal
Woolworths
Packard Motors
3
Stone & Webster
61
Sterling
Paramount Pictures
11*
Texas Gulf sulphur
37
Sellers
Pennsylvania · R.R.
24/
Thompson Products
291
Phillips Petroleurn
434
Opening
Tidewater Assed. 09
103
Spot
Pullman Inc.........
271
Timken Detroit Axle Co.
33
July
101
Twin City Rapids
19/*
Aug.
Closing 0/3-15/04 0/3-1/4 0/9-15/04 0/3-1/4 0/3-15/04 0/3-1/4
Morsman Investments Western Holdings .......... ¡Sub-Nigel
& Trad.
1 ex div.
54/0 6/7/ 14/- -140/-
45/7+
19th June 1941. ·
Radio Corpn. of Ame num
Un, "varbide & Garlion
771
Reading Company, Doki 17:
United Gas (common)
晉
U.S. Dollars
Remington Arms Co., Inc. : : 44*
Un Light & PWT. “A”
3/10
Spot
Republic Aviation Corp. ...
4
US-Ind Alcohol
26**
July
Republic -Steel
.201
US Realty & Irap
1
Aug.
$5-5/16 5-5/16 5-5/16
Reynold Tobes, WEN
$31
US, Rubber 8% pfd.
97
Schenley. Distillers
121
U.8. Smelt., Ref. & M...
Shell Union, Ofi
Ystown Bheet æ” Trek,
624* 37
Sooony-Vucuntia Oll Southern Paolile
02
Royal Bank of Canada 7
1zł
N.Y: Chic, St. Louis & pf 144
!
DOW JONES AVERAGE
High Low Dow Juos Averages
Nat, Dairy Products
Pure Ou
1941
133.60 126.80 30 Industrials
29.76 36.54 20 Haile
20:05 17.89 16 Utilities
99.19 89.50 40 Bonda
73.86 59.45 11 Commodity Index
HK Stock Exchange
Wednesday, July 10. BUYERS
HI Got A Loan (1988) 2
Cunton ms.. $290,0 EK Tire Ine, $150, Healties, 1925.
Macho, Hidetelly 18.10
Shanghai Exchange
Shanghal, July 16 (Reuter).
Official T.T. Bates
$5-6/18
5-0/32
5-9/32
LONDON METALS
EXCHANGE
London, July 15 (Reuter).
Standard,
Opening
0/3-3/16
Tin,
5-3/16
Price, £257-1//8.
2
17-5/8
21-1/8
Market-Qulet but steady.
Ellver. Duty Rate
The Central Bank of China's rate on London at 10 am, today I was 1/2-1/24. ÷
The Equalisation 24 per cent.
July 14, High Low Close Change Calcutta Exchange 127.6012106, 197,83:128:19- 30-up
.20 up! 20.44 28.80 28.46 20.04
18177 18:50 - 18.7773710 up $16.67 01.47 10 De
91.02 jos up
Calcutta, July 15 (Router). TT on Japan, 81-1/3;
73.86741220 PP India Rupee Paper
Business Dons –100,000 aláren
HONGKONG
SHAREBROKERS
––– ASSOCIATION.
Volume of Business Tranencięd on Wednesday, July 16,
SALES Bank of East Asia ............. 20 $76.00 H.K. Mectrk Rights 121130 H.K. Telephones (0)50-23.00 Yaumata Forries 2490 22,00
827: The total valup is $8,822,00,
Lights" (0), 36.10,
H.E. Banks 01425 / 16,
Bombay, July 15 (Router), Govt. 31% Rupee, 98-0-0,
SILVER MARKET
LONDON SILVER
London, July, 15 (Reuter), Spot, 23-8/ad.
Forward; 23-3/Bd.
BOMBAY SILVER
Bombay, July 15 (Router). Market Blendy. Oftake au Bara,
Indian Mint, Milver
"Bonds
Aug 1860
Sept 17
H.K. & S'hai Banking Corp. (Idn, Reg.).... H.K.
Tin, Standard, 3 montha, Middle Bristol Aeroplane Price, £261-8/B.
Market quiet Demand poor, es- United Stes! pecially for cash.
CONTROL OF PETROL
SYDNEY, July 18 (Heuter) The Shell Trans.
(bearer) Federal Government has decided
• bid. to take control under the Nation- al Security Act of the importa- tion, storage and distribution of petrol thus supplanting the petrol cartél, a
ཤཱལྦ་ཐ་མ་བ་
abate their efforts until stocks Were assured.
Mr. Menzies, Premier, in a The recent decrease in motor- statement said that the Govern- lets rations, is helping to build ment was asking the British and up stocks, but Government was Américan authorities for more not satisfied merely to impose tankers and that they would not more sacrifices on the people,
HONGKONG SAVINGS
BANK
The Business of the above Bank:
BANK OF EAST ASIA, LIMITED
is conducted by the HONGKONG & SHANGHAI BANKING COR PORATION. Roles may be ab- Authorised. Capital ....$10,000,000.00
tained on application,
For the HONGKONG & SHANGHAI BANKING CORPORATION,
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1939,
THE CHASE BANK
16, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
واد.
18, PINE STREET,
NEW YORK. Au American Bank offering com-
plete Foreign Banking Service in the principal Markets of the world.
SAFE. DEPOSIT BOXES
This Bank is a subsidiary of Tke Chase National Bank, New York, with Resources of over U.S:8.9,800,000,000.
1. L BALLANTYNE.
- Munager.
WANT ADS Cheap!
INDO-CHINA
STEAM NAVIGATION COMPANYIA
Operating Services for Cargo and Fassengers
SWATOW, BHANGHAI, THINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE PENANG and CALCUTTA SANDAKAN
#HAIPHONG
- All Steamers berth alongmãe
the Roosevelt Terminal in the Fration Cuntsation, st Blangbal where passengers and dargo are landed.
For fur
particulari
Paid-Up Capital
Reserve and Undivided
Profits
5,698,800.00
2,983,861.50
Head Office:--HONG KONG. No. 10 Des Voeux Road, Central
Board of Directoren- ¡HON. SI& SHOUSÒN CHOW, Chairman
Li Koon Oban, Esq. P. K. Kwok, E. Wong Chu Bou, Beq.
Li Lan Sang, Eig Wong tun Tong, beg. Fung Ping Wah Ean.
KAN TONG PO, Esq, Chief Manager HON. 'Ma. Li Ten FONG, Manager
Branches and Agencies: my food
Betarla Loudon Boubar Marila
Caloda
Kaptions
Hanote
Fonglufu
Split
Pelplin
drk
Magapore
Swalow
Hangoon
Bkn Fran Bydhar
2.plwoo Fontelä-
Vandunter
Every description of Banking and Exchange business transacted, Loans granted on approved securitiens
Catrekt. Accounts opened in Local Currency and Fixed Deposits re- osived for and year by shorter periods in Local and Foreign Cur rencies on terms which will be quoted on application.........
SAFE DEPOSIT Boxen 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
CHINA)
Owing to our numerous Branches in China and connections in the principal Commercial Centres of She World, we are able to extend to our Clients special facilities for Domestic and Forfiga Bairing and Exchange Ans
Hold Once-SHANGHAI
Hong Kong Branch
14, QUIEN'S BROAD, C
South China Uffidess
Bank of East Anid, $75