PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
NEW YORK STOCK EXCHANGE
Amer. Locomotive Co.
Amer, Metal
QUOTATION
(REUTER'S SERVICE)
JULY 23, 1941.
-
41
MONEY AND EXCHANGE
CLOSING QUOTATIONS JULY 23, 1941.
Bank Bils, on demand 24 5/10 Credita, 00 days' sight 26 1/16
Credits 4 months' sight. Nom.
Market Report
N.Y. COMMODITY MARKET
(REUTER'S SERVICE)
17.08/03 173/03 Monday's sales:-262,500 bales,
Monday's sales; - 10.405,603 bushels.
בנו
New York, July 22 Prev High Low Close Change 36,61 10.83 10.83 16,76 15 up 22.25 22,29 22.29 22,30b 05 up 1031 1041 1034 104 + up
175 742
741 A up
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
London, July 22. The following quotations are the middle prives at the close of the market in London. Ali quotations are subject to confirmation and no responsibility is assumed for errors in transmission,
$$
THURSDAY, JULY 24, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
INDIA, AUSTRALIA
Authorised Capital 450,000,000 |
AND CHINA
Issued & Fully Paid-Up $23,000,000 | Incorporated by Royal Charter, 1855
Reserve Funds:
£6,500,000 Paid-Up Capital
H.K. Currency Reserve $10,000,000 Reserve Fund Reserve Liability of
Sterling.............
Proprietors
$20,000,000
Reserve Liability of Pro-
pristora
£3,000,000 .....£3,000,009
.£3,000,000
Head Office:--HONG KONG
Board of Directors: Hon. Mr. J. J. Paterson,
W. H. Lock, Esq.,
Chairman
Deputy Chairman.
J. K. Bousfield, Esq., A. H. Compton, Esq., L. J. Davies, Eng..
Hon. Mr. S. H. Dodwell, G. Miskin, Esq.,
K. 8. Morrison, Esq., Hon. Mr. T. E. Pearce, Hon. Mr. A. L Shields, Sir Vandeleur M. Graybara,
Chief Manager,
Lyous Malacca
HEAD OFFICE: LONDON: 38, Bishopsgate E.C.2. Sub-Agencies In London: 117/122, Leadenhall Street, E.0.3.
West End Branch: 14/16, Cockspur Street, B.W.1. Manchester. Branch:
52, Mosley Street, Manchester, i
AGENCIES AND BRANCHES:
HONG KONG PENANG ILOILO EPOH KARACHI
ALOR STAR AMRITSAR
BANGKOK
BAWY JA DOMBAY CALCUTTA
KLANG
KOBE
LUMPUR
AGENCIES: KUALA OLIVE SMEET FAIRLIE PLACR CANTON CAWNPORT CKBU
Francisco cOLOMBO
Patani
(Johore) Tientsin Mukden Tokyo New York Tsingtao Peiping
Penang
Yokohama
DELHI
HAIPHONG
BANKOW
KUCHING
MADRAS
NANTLA
MEDAN
BANGOON
BAIGON
SEREMBAN
SHANGHAI
BINDAPORR
SITIAWAN
SOUXABAYA
TAIPING
TIENTSIN ТОМСКАН
(Bhuket)
TSINGTAO
YOKOHAMA
NEW YORK PEIPING
(Peking) FOREIGN EXCHANGE and General Banking Business transacted,
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNTS also opened in CURRENT ACOUNTS opened in Local Currency and Sterling with LOCAL CURRENCY and FIXED DE- interest allowed at rates obtainable POSITs 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
business, and claims recovery of
SAFE DEPOSIT BOXES of British Income Tax overpaid, on
EXECUTOR
TRUSTER and business undertaken. Hongkong. 20th February, 1941.
HONGKONG SAVINGS
BANK
The Business of the above Bank
terms which may be ascertained at any of the Agencies and Branches.
W. H. EVANE THOMAS,
Munayer.
BANK OF EAST ASIA, LIMITED
STOCKS
Last Bale
STOCKS
Last Salc
July 22
July 22
On London:-
Adams Exprera
7
Southern Bly $5 ptd.......
28
Alleghany Steel Co.
24
Spleer Manufacturing Co.
374
Allis Chalmers
31
Standard Brands
5
Telegraphic Transfer, 9 7/8 Bank Bills, on demand 1/2 7/8 Credits 4 months sight
New York Cotton, Oct.******* New York Rabber, Sept. Chicago Wheat, Sept. Chicago Corn, Sept.
N.Y. COTTON
Amer. Can
901
Standard Gas & Elec.
10
Closing Ranges Changes
Ja Shanghai:—
American Cyanamid B
101
Standard Ol of NJ.
447
Oct
On demand
16.76/77
.15 up
460
Amer. & Foreign Power ..
**
Studebaker Com
51
Dec
10.91/92
15 up
in Gingapore:--
Amer
& Foreign ? pt.
201
Bwift Internasional
223
Jan
On demand
16 96/98
16 up
52 3/4
141
Technicolor
92
Mar.
17.02/01
.14 ap
Jn Japan:-
19A
Texas Corpn.
431
On demand
..... 102 1/4
May
14 up
Amer Radiator
7
Frans-America Co
42
......
Jo India:-
July
14 up
Amer Rolling Mui
15A
20th Cent, Fox Film, Com.
7
felegraphte
Transfer.
Amez. S'ing and R'ing Co.
441
Union Bag & Paper Corp.
12;
·
and demand
82 6/8
Amer Sugar Refining
174
Union Pacific
824
Ju New York:-
Amer. Tel & Tel.
1501
United Aircraft
41
N.Y, RUBBER:
sept
22 30b/45a
Ainer. Tobacco "B"
722
Uolted Airlines Trans
11
Dec
Amer, Waterworks
5
United Corpn
9.16
Mar.
22,15/15 21,50b
05 up .15 up 10 of
Do Batavia:—
£
Anaconda Copper
201
United Corpn. $3 cum pf.
23;
On demand
Atchison, T. & 8. Fe.
30
United
Gas Improvement
7/
> Parts:-
Aviation Corp.
34
U.S. Rubber
234
Bank Bilis, on demand Now,
Baldwin Locomotive Co.
101
0.8. Stecl
583
Total sales;-230 tons. NEW YORK HIDES:
Dec.
14,58/58
01 off
Baltimore & Ohlo
41
Vanadium
26
Ju Saigon:-
Barnsdal 08
10%
Vultee Aircraft
62
Un demand
***... 105 1/4
Total sales:-14 luts CHICAGO WHEAT-
War Loan, 34% (Red.
after 1952) Defence Loan, 3%. 1007 Canton-Koon Rly. 5% 0 Chinese 44% Gold Loan
105
Amoy
Bendix Aviation
384
Walworth Co.
54
Jo Manila:-
Bethlehem Steel
771
Warner Bros. Pict
41
July
On demand
48 6/8
Bliss & Co., EW. (com.)
171
Westinghouse Elec.
D44
Sept.
1014/1014 1041/104
up
1998 (Brit. Issue) Chinese 5% Gold Bonds.
1925/47
43
Bangkok
Branches:
Johore Kobe
Batavia
Kowloon
Rangoon Saigon San
Bombay
Kuala
45
up
Calcutta
Lumpur Shanghai
On Bangkok:~
[Chin. 44% Anglo-French
Boring Airplane Co
161
Woodward Iron Cor.
272
Dee.
On demana
149 1/2
... 105/106)
up
Canton
London
Bingapore
Loan, 1908
43
Chefoo
Sourabaya
Borg-Warner
Chase National Bank
314*
In Sterling Notes:-
Chinese 5% Crisp Loan
Colombo
Sungei
Briggs Mfg. Co.
107
National Ctty Bank
27}*
Bank Buying Rate
Nom.
1912
27
Dairen
Manila
Budd Miacturing Corp
4/
Libby. McNell
Bar Bilver per os
28 7/10
CHICAGO CORN:
Chinese 5% Reorg Loan
Foochow
Muar
Swatow
Canadian Pacine
41
SPECIAL WEEKLY LIST OF
July
Celanese Corp.
254
728/728
1919 (Ldn. Is.)
36
Haiphong
Hankow
CLOSING STOCK
Sept.
Chesapeake & Ohto
38
747/747
t
Chinese 8% Ster. Notes
ap
Harbin
Dec
Chrysler
561
778/778
A up
1925 (Vickers)
81
Iloilo
Alanada Juneau
Colunible Gas & Mec
**
American L'motive $7 pí.
93
FROM ROZA BROS.
Wednesday, July 28.
Chin. Imperial Rly. 5%
Ipoh
NEW YORK LARD:
Loan
54
Commercial Credit Co.
251
Assed. Gas & Elec. 5% Pf.
Com, & Southern (Ord. ›
A
Atlantie Gulf and W PI.
31
Consolidated Edison Co.
191
Atlantic Refining
221
Consolidated Oil
Бл
Silver prices were not quoted American Silver was
quoted 34.3/4 for Spot.
Sept
10.42b
02 up
Honan Rly. 6% 1905
13
at
Atlas Corp.
Copperweld Steel
162
Aaburn Central Mfg. Co.
32
The
London-New
York Cross-
Dec.
N.Y. BLACK PEPPER:"
Sept.
10.758
05 up
Hukuang Rly. 5%. 1911
(LP. N/Y Issue)
14
Aukuang Rly. 5%, 1911
Curtiss Wright (C))
91
Barber Asphalt Corp.
93
Distillers Corp. (Seagrams)
153
Bath Iron Works
24
Douglas Aircraft
742
Bellanca Aircraft
344
rate was quoted at 402.1/2. New York-London was quoted at 403.- 1,2
Dec.
5.83b/85a 6.93b/95a
01 of unch
(German Issue)
12
Du Pont de Nemours..
168
Callahan Zinc & Lead...
MARKET
1
Eagle Picher Lead .....
10
Case (JIS
791
Quiet
N.Y. COTTONSEED OIL: Sept,..... Dec.
Lucg Tsing & Hal.
Rly. 5%, 1013
quoted on application.
10
11,89/89
14 up
Sha-N'king_ Riy_5%.........
141
various sizes to let,
11.00/61
15 up
Elec. Autolite Co
27
Climax Molybdenum Co.
STERLING
39
N.Y. SUGAR No. 3:
Tientsin-Pukow Rly. 5%
(Brit. Stpd.)
12
Elec Bond & Share .........
2A
Cluett Peabody
142
Elec. Bond & Share $5 pt.
52
Commercial Solvents
101
There were sellers at 1/3 up to October. buyers at 1/3.1/82 for any
July Sept
253b/65a
Elec Bond & Share $0 pf.
562
Continental Can
36)
delivery
Elec. Power & Light $7 pf
342
Continental Oil
20
V. 8. DOLLARS
2 53b/540 Business done -234 tots.
N.Y. SUGAR No. 4:
.03 up .03 up
Flintkote
154
Corn Products Refining
53
Gen Electric
318
Corn Products 7% Pfd.
Orn Motors
382
Coty Inc.
4/
Gen. Railway Signal
142
Coty mt.
Gen. Tire & Rubber
131
Curtis Wright Corp "A"
28,
Quiet. There were sellers at 24.5/8 for near and 24.11/16 for forward, buyers at 24.3/4 for Cash SHANGHAI DOLLARS
Sept. Dec. May
Goodrich (B.F.)
172
Deere Co.
252
Goodyear Tire & Rubber ...
10
Distillers Corp. (Seagrams)
Great Northern Iron Ore
17%
Exton Mfg. Co
334
Great Northern Rly, pfd
271
Ocn, American Tenpts.
531
there were sellers at 462,
Quiet. Opened with sellers at 482.1/2 but later business was the close done at 482. Towards
buyers
1.22b/23a 127b/27+a 1.35b, 35 a Business done:-598 lote. NEW YORK COCOA
.03 up .03 up 04 up
Tientsin-Pukow Rly, 5% (German Stpd.) ......... Tientsin-Pukow Rły, 5%
(Brit. Stpd. Supi, Loan) Tientsin-Pukow Rly. 5%
(Ger, Stpd. Supl, Loan) 12 Jap. 0% Ster. Loan, 1924 274-304 Ger. 7h Intl. Loan, 1924 4 Chartered Bank
12
12
is conducted by the HONGKONG
91
& SHANGHAI BANKING COR-
Great Western Sugar
25*
idden Co.
169
at 482 1/2.
Sept Dec.
N.Y, WOOL GREASE
7,311 7.43n
11 up .10 up
Inter. Nickel
27
Goodrich $5 pir.
65
Inter. Paper & Power
181
Great Lakes Dreged
134
Int. Tel. & Tel. (Pou, Is.)
22*
Greyhound Corp.
13
Dec.
............ 93 th/98.58 N.Y. Official Silver N.Y./London cross rate
1 up 34-3/4 4.03-3/4
HK & s'ha Banking Corp. (Ldn. Reg.)...... H.K. & What Banking
Corp. (Col. Reg.)...... B4 Chinese Eng. & Mining
(bearer).......
804
13/6
Chosen Corporation Mercantile Bark of In-
dia, £5, "....
Johnsmanville
68
Int Harvester ....
501
Pekin Syndicate
11 1-
Kennecott Copper
39
Mack Trucks Inc. .....
Libbey-Owens-Ford
Glass
291
McKesson & R., $8 pfd.
32
ceded to 3.15/64 for
Lockheed Aircraft
261
Mountain City Copper
248
Spot Dollars opened at 5.5/18 and
U.S.
to-
S'hai Elec, Constr. Co. S'hal Waterworks “A”
15/-
16
Union Insurance
22
331
Nat Gypsum
70
wards the close sellers were re-
291
Nal Lead Co.
18
ported at 5.11/32 for Spot.
37
Tin,
London, July 22 (Reuter),
Standard. Cash.
Gula Kalumpong Rubber 15
Middle Lon. Mid. & Scot., Rly. 13
Pacific Gas & Elect.
www.
8*
Pan-A'can Airways
25
141
Piper Aireraft
13
Shanghai Exchange
Price, £259-1/8.
Great Western Rly.
351
331
prburgh Coke & Iron
44-
Not, Power & Light
7
¡Public Service of N.J.
Th
National Supply Corp.
Ryan Aeronautical Co.
227
Opening
New York Central
137
Sears, Roebuck & Co.
4
Niagara Hudson Power
London
0/3-3/16
21
Southern Riy,
742
New York
5-3/16
N. American Aviation ......
16
Sperry Corp.
152
.North American Co. (New)
134
Japan
22
B-A. Tob. (bearer) Market
steady. Trade byging Dunlop Rubber was sustained by "cash" but there Bristol Aeroplane.... was a little more selling of "Imperial Chemical Ind. months." After hours-10 tons of, United Steel Woolworths "3,months" at £281-13/16.
85/-
Amoy
35/-
Bajavin
11/-
Bounty
Valentin
31/74
Elalpbang
SAFE DEPOSIT BOXES
Baakor
23/8
Honolula Kobe
54/-
Standard Gas & Elect.
391
India
17-5/8
Northern Pacific
71
Standard Oll of Calif.
Hongkong
21-1/8
HONGKONG:
Marsman Investments Western Holdings Sub-Nigel
5/74 15/14
·141/3
Packard Motors
21
Stone & Webster
241
Paris
nominal
Faraniount Pictures
12
Texas Gulf Sulphur
71
Pennsylvania R.R.
241
Thompson Products
374
Sterling
Shell Trans.
(bearer) bid.
Trad. &t
This Bank is a subsidiary of The Chase National Bank, New York, with Resources of over 0.8.8.3,800,000,000.
47/8
i ex div.
Phillips Petroleum
45
Tidewater Assed. Oll
30
Pullman Inc.....
281
Tunken Detroit Axle Co.
201
Pure Of
104
Twin City Rapids
831
Spot
Radio Corpn. of Am.
4
Un, Carbide & Carbon
20
July
Reading Company,
Com
17
United Gas (common)......
781
Aug.
Remington Arms Co. Inc.
41*
Un. Light & Pwr, “A” ..........
#
Republic Aviation Corp.
31
US. Ind. Alcoḥoj
3:16
Republic Steel
201
US. Realty & Imp.
201-
Spot
Reynold Tabac. "B"
33
US Rubber 8% pfd.
-18
July
Schenley Distillers
13
US. Smelt, Ret. & M.
921
AUR.......
$5-6/16 85-11/32 5-5/10 5-5/10 5-6/16 -5-5/16
900
5.20 3:45
2,146
Shell Unioni" "OAI
15
**Y'stown Sheet & Tube
62*
Market: Uncertain
The total value is $14.981.90.
Socony-Vacunum Of
· 101
Royal Bank of Canada
377
Southern Pacific
131
N.Y, Chic, St. Louis 6 pt......'157
Calcutta Exchange
DOW JONES AVERAGE
Calcutta, July, 22 (Router): TT on Japan, 81-1/2
120.50
-July 93, 1941. July, 21, High Low Close 131.10 120.89 120.08.
30.04
18.01. 01.07
30.63 30.25 30.19 18.82 18.00 10.72
91.57 76,00
.08 up .36 o 11 up 17 up 59 up!
Business Done:~-1,350,000 shares
Lights (0), $0.
Lights (N), $1.25.
Loew's Inc. Martin, Olen L. Co. Montgomery Ward National Aviation Nat, Dairy Products National Distillers ...
1941
High Low Dow Jones Averages 138.00 110.3 30 Industrials.
30.54 28.04 20
20.00 17.25 15
Rails Utilities Bords 65,45 11 Commodity Index 74.41
02.19 89.50 40 74.41
H.K. Stock Exchange
Wednesday, July 23 BUYERS HK, Govt. 4% Loan, 97.50. ILE, Govt 31% Loan, (1984), 34. H.. Govt. 34% Don. (1040), 04.
Bank of East 'Asin, #74.50.
Canton Ins., 223.
Union Ina.. $409.
TIK, Fito Inė., 2185,
Wherves, $90,
Providente, $5,80
Lands $85,
Chinese Estates, $101, - Trams, $17.85.
SHANGHAI MARKET Sterling opened with sellers at
to 3.15/84 and then rosu
3.1/4. At the close the selling rate re-
Shanghai, July 22 (Reuter),
oMcial T.T. Bates
Sellers
opening Closing 0/3-15/64 0/3-15/64 6/3-15/64 0/3-15/64 0/3-15/64 0/3-15/64 0.8. Dollars
Change India Rupee Paper
Metrics (O). "X/`` Rta., $32, Mectrics (N), $21.
Electrics Rts. 811: Cements, $14,75,
SELLERS
Hotels, $3.00,
· Lando, $35.76.
Trama, 917:40,
Lights (0) $6.10. Electrics Rta., $11,20. Cements, 916.25,
SALES
Providenta $5,90.. Humphreys, $ Electrica Rta, #11.18 Watsons, $10:16.0
Bombay, July 22 (Reuter). Govt. 11% Rupee, 80-0-0.
SILVER MARKET
LONDON SILVER
London, July 22, (Reuter). Bilver-Little trade demand met from production sources. Market steady
Spot, 33-7/18.
Forward, 23+7/164:
J
BOMBAY SILVER,
Bombay, July 22. (Reuter).. Market Steady. Offtake 160 bars Indian Mint River Readyinən, 08-00-0° Aug. 18 Bettlement 63-00-6. Sept. 17 Settlement... 03-01-0.
LONDON GOLD
London. July 22 (Reuter). bar Gold, Tine per oz. 100/-
LONDON METALS
EXCHANGE
Tin, Standard, 3 Months, Middle, National Bank of India 314 Price, £261-7/8.
SHAREBROKERS'
ASSOCIATION
Volume of Business Transarted on Wednesday, July 23, 1941,
SALES HK Electric Rights 206 - $11.16 HK, Wharves ........ 40 .92.00 China Providents ...1000 HK Hotels,
Live stock receipts, at the Boniface. Stockyards for the first (four months of the year are re- ported as follows: Cattle. 63.132 head (compared with 55,649 - dur- ing the similar period last year, calves 29,778 (21,518); hogi 79,930, (69,181); sheep 51.555 (46.392); horses 7,839 (0,105),
PORATION. Rules may be ob-Authorised Capital ....$10,000,000.00 tained on application,
For the HONGKONG & SHANGHAI
BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1989.
THE CHASE BANK
16, QUEEN'S ROAD, CENTRAL
HEAD OFFICE;
18, PINE STREET,
NEW YORK.
An American Bank offering com- plate Foreign Banking Bervice in the principal Markets of the world.
Munager.
D. L. BALLANTYNE,
12th June 1941,
WANT-ADS ARE SURE!
INDO-CHINA
STEAM NAVIGATION COMPANY LD
Operating Services for Cargo and Passengers
TO
SWATOW, SHANGHAI, TSINGTAU, CHEFO
and TIENTSIN
KOBE and OSAKA
SINGAPORE PENANG and CALCUTTA SANDAKAN
HAIPHONG
All steamers borth alongside the Roosevelt Terminal: în the French Concassion G Shanghai where passengers and cargo are 'landed":
For further partidulsis
plassa apply ko...
Paid Up Capital
Reserve and Undivided
Profits
5,598,600.00
2,998,261.60
Head Office:--HONG KONO No. 10 Des Voeux Road, Central
Board of Directors: HON. SIR SHOUSON CHOW, Chairman
Li Lan Sang, Esq. LA Hoon Chan, Fag. P.K Kwok, Esq. Wong Chu Son, Ea Worg Yun forg, Eag. Fong Ping Wah Beq.
KAN TONG Po, Esq, Chief Manager HON. MR. LI THE FONG, Manager
Branches and Agencies:
Kowloos Loudon
Panna Hingapore Bangoon Salgon
Helbourne San Frans Bydney Nagasaka
Bourabaya Swatow
ciaoo entan
Ваталгаа
New York Bottle Vandourer Priv
Shangh
Felping
Every description of Banking and Exchange business transacted. Loans grunted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposits re-
ceived for one year or shorter periods in Local and Foreign Cur rencies on terms which will be quoted an application;
SAFE DEPOSIT BOXES TO LE
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 AL. OVER CHINA)
Owing to our numerous Branche in Chinn and connections in the principal Commercial Centres of the World, wo are able to extend to our Cliente spoofal facilities for Domestic and Foreign Banking and Exchange.
Head OffeeSÍTANOHAI-
Hong Kong Branch i
4, QUEEN'S ROAD, C.
South China Offices CANTON. KONGMOON BWATOW TOISHAN
SHIUCHOWKINGONOW
We also handle the issue of Bonds and other Publio Funds of the Chinese Goyrenment both at Home and Abroad
SHOU JCHTEN
fannger