STOCKS

Last Jale

STOCKS

July 20

July 22

Adama Express .....

Southern Rly $5 pta,

28

On London:-

Alleghany Steel Co.

24

Spicer Manufacturing Co.

37A

Telegraphic

Allis Chalmers

814

Standard Brands

Amer. Can

DO

Standard Gas & Elec,

19

Credits 4 months' sight-

PAGE, 10-HONGKONG DAILY PRESS

FOREIGN MARKETS &

NEW YORK STOCK EXCHANGE

QUOTATION

(REUTER'S SERVICE)

JULY 28, 1941,

MONEY AND EXCHANGE

Lant Sale CLOSING QUOTATIONS

JU Y 24. 1941.

Transter. 1/2 7/8

Bank Bills, on demand 1/2 7/8

FINANCE

QUOTATIONS

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE,

Dress Blora

SHAREBROKERS' ASSOCIATION

Somjual

THURSDAY 24 JULY.

Bayer

Baliers

B

Authorised Capital $50,000,000 |

Banka

$1415 1.K. Banks

#1415

Sterling

CB4

Do. (Col. Reg.)...

£84

FRIDAY, JULY 25, 1941.

BANKS

HONGKONG & SHANGHAI │THE CHARTERED BANK OF

BANKING CORPORATION

INDIA, AUSTRALIA

AND CHINA

Issuad & Fully Paid-Up $20,000,000 Incorporated by Royal Charter, 1888

Reserve Funds:

H.K. Currency Reserve $10,000,000 Reserve Fund.......

6,500,000 Paid-Up Capital

£30

Do. (Lon. Reg.)

£801

Reserve Liability of

L'hortes sd Banka

£91

Proprietors..

$20,000,000

Reserve Liability of Pro

prietors

..£8,000,000 £3,000,000

£2,000,000

£11

American Cyanamid B

201

Standard Ou of N.J.

443

$743

Amer. & Foreign Power ..

Studebaker Com

54

Amer & Foreign $7 pf.

201

Swift International

22

Amer, Locomotive Co.

141

Technicolor

91

Amer, Metals

19

Texas Corpn.

431

Amer. Radiator

7

Trans-America

Co.

42

Amer Rolling Mil

151

20th Cent, Fux Film, Com.

7

Amer. Sting and Ring Co.

Union Bag & Paper Corp.

121

Amer, Sugar Refining

171

Unlun Pacific

324

Amer Tel & Tel.

150

United Aircraft

41

ཋཱ རྗ ཛྰ སྐྰ་ཐུ

On Shanghal-

On demand

450

2902 Mercantile Bka, "Á“. Marcantile Bks, “O”. Bank of East Asia..... N. C. & 8. Banks..... 11saranees

en

Head Office:-HONG KONG

$75

18 ct.

Bingapore :---

$225

Caulon Insurances...........

$930

On demand

62 3/4

$400

Union InsuraDCOD......

$400

Board of Directors: Hon. Mr. J. J. Paterson,

W. H. Lock, Esq.,

On Japan:-

91

On demand

102 1/4

$185

In India:-

Telegraphic

Transfer.

and demand

+82 6/8

On New York:----

Amer. Tobacco "B"

727

United Arlines Trans

11

Amer. Waterworks

$

United Corpa

9:16

Bank Bills, on demand 24 5/16

Credits, 80 days aight 25 1/16

86.55

Anaconda Copper

201

Uned Corpn. $3 cum pf.

234

On Batavia:—

Underwriters

H.K. Fires.

$120 Dauglsass

Steamboats

890 Indo-China (Prof.)...

$70

Indo-Chinas (Def.)

46/104) Shella

Waterbeste...

Docks, Wharves,

76 eta.

$186

Shipping

$120

88.40

008

$70

Atchison, T. & S. Fe.

30

United Gas Improvement

7

On demand

--------- 45 8/8

Godowns, etc.

Aviation Corp.

31

US Rubber

234

02 Paris:-

B00

H.K, & K. Wharves...

292

**

Baldwin Locomotive Co.

161

U.S. Steel

581

Bank Bills, on demand Nom.

$6.80

$35.90

Providente

$6.80

83,00

Baltimore & Ohio

41

Vanadium

264

$16.20

Barnsdall ON

103

Vultec Aircraft

62

JR Saigon:-

Bendix Aviation

38

Walworth Co.

51

Credita 4 months' sight zom

On demand ................................. 105 1/4

H.K. Docks (Old).

$15.80

H.K. Docks (New).

Amoy

$30

+Shanghai Dooks.

$30

Bangkok

Mining

Bethlehem Steel

77)

Warner Bros. Pict

44

Batavia

San

48/101

981

Chairman

Deputy Chairman.

J. K. Boustield, Esq.,

A. R. 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 Vandeleur M. Grayburn,

Chief Manager.

Brancifes: Jabore Rangoon Kobe Saigon Kowloon

HEAD OFFICE: LONDON: $8, Bishopsgate E.0.2. Sub-Agencies In London: 117/122, Londenball Street, E.03. West End Branch: 14/16, Cockspur Street, 8.W.1.

Manchester Branch:

62, Mosley Street, Manchester, 2

AGENCIES AND BRANCHES:

AMRITSAR

BANGOOK SAIGON

ALOR STAR HONG KONG PENAKU ILDILO

iron

КАНАСКА KLANG

CALOUTTA

~ KOBE

AGENCIES: KUALA

CLITE STREET

FATALIN PLAT

CANTON

LUMPUR

KUCHING

MADRAS CAWNPORE

CEBU

TIENTS UN TONGEAR

BANGKOK

BATAVIA

BOMBAY

SEREMBAN

SHANGHAI

SINGAPORE

SITIAWAN

BOUBARAYA

TAIFING

MANIJA

On Mandla:-

(Bhuket)

Ellas & Co., EW. (com.)

177

Westinghouse Elec.

941

On demand

48 B/B

!!

Boeing Airplane Co.

Woodward Iron Cor.

271

On Bangkok

#1:

van

Kailapa

13/1

Bombay

Kuala

Francisco COLOMEO

MEDAN

28

Rsubs

144

$7.80

Calcutta

Lumpur

Shanghai

TRINGTAO

DELHI

NEW YORK

YOKOHAMA

Borg-Warner

19

Chase National Bank

31+*

On demana

149 1/2

Briggs Mfg. Co.

107

National City Bank

271*

On Sterling Notes:-

Budd M'facturing Corp.

4#

Libby, MeNeil

Bank Buying Rate

Now.

Canadian Pacific

41

Celanese Corp. ......

251

SPECIAL WEEKLY LIST OF CLOSING STOCK

Bar Eliver per ok.

23 7/10

$3.40 $31 $36 133.60

Chesapeake & Ohio

38+

Chrysler

561

Alagada Juneau

44

Columbia Cas & Elec.

31

American L'motive $7 pf.

934

Commercial Credit Co.

251

Assed. Gas & Elec. 5% PI.

**

Com, & Southern (Ord.)

Atlantic Gulf and W PI....

32

Market Report

FROM ROZA BROS,

Thursday, July 24.

Silver prices were again unquot-

#101

++

Consolidated Edison Co.

19)

Atlantic Refining

220

ed.

Consolidated Oil

02

Atlas Corp.........

7A

American Silver was quoted

Copperweld Steel

16$

Auburn Central Mfg. Co.

· 31

at 34.3/4 for Epot.

The London New York

Curtiss Wright (C.;

Barber Asphalt Corp.

04

Distillers Corp. (Seagrama

151

Bath Iron Works

24

Douglas Aircraft

741

Bellanca Aircraft

341

rate was quoted at 402.1/2. New York-London was quoted at 403.-

$17.40

Du Pont de Nemours

158

Callahan Zine & Lead....

1/2

Eagle Picher Lead...........

10

Case (JL)

791

MARKET

Elec. Antolite Co

27

Climax Molybdenum Co.

39

Quiet.

$6

$8.10

Elec Bond & Share

2j

Cluett Peabody

141

STERLING

Elec. Band & Share $5 pf

52

Commercial solvents

103

Elec Bond & Share 36 pf.

607

Continental Can

36j

Elec. Power & Light $7 pt

342

Continental Of

201

There were sellers at 1/3 up to October. buyers at 1/3.1/32 for any delivery

$28.10

$21

$11

$11.15)

Flintkote

151

Corn Products Refining

53

U. S. DOLLARS

Gen. Electric

341

Corn Products 7% Pid.

Gen Motors

38+

Coty Inc.

Gen. Railway Signal

142

Cuty mt.

Gen. Tire & Rubber

134

Curtis Wright Corp "A"

28

Goodrich (B.F)

171

Deere Co.

251

Steady. No business was reported There were sellers at 24,11/16 for! near and forward, buyers at 243/4) for Cash.

SHANGHAI DOLLARS

Goodyear Tire & Rubber...

10

Distillers Corp. (Seagrams)

Great Northern Iron Ore

17%

Eaton Mfg. Co.

331

Great Northern Rły, pfd.

271

Gen. American Trupts.

531

Business was done during the course of the morning at 462 and later at 461.3/4 The market

$15

Great Western Sugar

Glidden Co.

101

closed at lunch time with

Fellers

Inter. Nickel

271

Goodrich $5 ptr.

65

at 461.1/2 for Cash with small

8971

Inter Piper & Power....

18

Great Lakes Dreked

134

buyers at 481.3/4 for Cash.

#94

Int. Tel & Tel. (Fon Is.)

21′′

Greyhound Corp.

13

894

Johnamanville

68

SHANGHAI MARKET

Int. Harvester ....

583

Kennecott Copper

39

Mack Trucks Inc.

Libbey-Owens-Ford

Glasa

293

McKesson & R., $3 pid.

32

Quiet. There дете sellers of Sterling for near delivery at 3.15/;

Lockheed Aircraft :.

R

267

Mountain City Copper

21%

Loew's Inc.

334

Nat, Gypsum

84 for Spot, U. 8. Dollars sellers at 5.11/32 for Spot.

Martin, Chen L. Co.

298

Nat, Lead Co.

18)

Montgomery Ward

37

Pacific Gas & Elect.

Quiet

National Aviation

84

Pan-A'can Airways

25}

STERLING

Nat, Dairy Products

14

Piper Aircraft

131

AFTERNOON MARKET

The market closed with sellera

#104

National Distillers

20

Pburgh Coke & Iron

41*

at 1/3 up to October, buyers

at

Nat, Power & Light

7

Public Service of NJ.

T

1/3.1/32 for any delivery.

National Supply Corp.

71

Ryan Aeronautical Co.

221

U. 8. DOLLARA

**

New York Central

131

Baars, Roebuck & Co.

The market closed with sellers

Niagara Hudson Power

28

Southern Rly.

747

at 24.11/16 for near and forward,

$14

N. American Aviation

15

Sperry Corp.

151

North American Co. (New)

13)

Standard Gas & Elect

391

Northern Pacifie

π

Standard Oil of Calif.

Packard Motors

21

Stone & Webster

24

Paramount Pictures

12

Texas Gulf Sulphur

77

Pennsylvania R.R.

241

Thompson Products

37%

Phillips Petroleum

45

Tidewater Assed.. Oll

30

Pallman Inc..

28

Timken Detroit Axle Co.

107

Pure Off

106

Twin City Rapids

Radio Corpn. of Am,

Un. Carbide & Carbon

20

Reading Company,

Com

171

United Gas (common)

787

Remington Arms Co., Inc.

Un. Light & Pwr, "A"

#

Republic Aviation Corp.

S1

US Ind. Alcoho

3/18

Republic Steel

201

U.S. Realty & Imp.

202

Reynold Tobas. "B"

33

US. Rubber 8% pid..

14

Schenley, Distillers

13

U.S. Smelt., Réf. & M. ..............

021

Shell Union Oil

151

Ystown Sheet & Tube'...

82*

London .....

Socony-Vacunum Of

101

Bouthern Fréite

13)

Royal Bank of Canada... NY. Chile, St. Louis #pr.... 157

373

New York

DOW JONES AVERAGE

1941

High

184,

Low Dow Jones å varages 116.3) 30 Industrials

July 28, 1941. July. 81, High Low Clos 120.60 13110 129.27 199.68 30.54 .... 30.83. 30.25 30.19 16.61 18.82, 18.00 18,78 01.67 74.41

Japan India Hor.gkong Pario

Change

.08 up

36 off

Opening

0/8-3/10

5-3718

Securities (Indian

Government) Becurities (British

3,840

8,846

17-5/8

21-1/8

nominal

Sterling

Sellers

.1 up

· 91.57 75.00

17 up

·,69 up

Business Done:-1,300,000 shares

Spot July

Aug.

U.8. Dollars

Spot

July

5-8/10

Aug.

5-5/18

TO

5-11/32 5-11/32

Market-Gutek

30.54 95.54.20 Rails

20.65 17.22 16

D2.18 89.56 40 痛

74.41 53.40 11

Utilities

Bonda Commodity Indox

HONGKONG

SHAREBROKERS

· ASSOCIATION

Volpan of Business Tranzacted

011

Thursday, July 24, 1941. -

SALES

Lights (0)

H.K. Electrics (N):

ILK. Tramways

HK Hotels

Binoores

Ad. "Watson

200 $ 0.00 100 0.00 **200 4.00

H.K. Stock Exchange

buyers at 24.3/4 for Cash.

SHANGHAI DOLLARS

Quiet. The market closed with sellers at 461.1/2, buyers at 462.1/4. SHANGHAI MARKET

Quiet. There were sellers of Sterling for near delivery at 3.15/ 64 and UB. Dollars at 5.11/32 for Spot.

Shanghai Exchange

Shanghai, July 24 (Reuter).

oMcial T.T. Bates

N.A. Chemicals (HK)

+Bale to Shanghai

RESERVE BANK OF INDIA STATEMENT

Calcutta. July 23 (Reuter).

July 11 July 18

Notes in circulation

(including Notes held in the Bank- ing Department)... 29,109 Rupee Coin Bullion

Ein India

Gold Coin and Bül-

Hon in India 4,441

29,154

LONDON. METALS

EXCHANGE

London, July 23 (Reuter).

Standard. Cash, Middle Price, £258-3/8.

Tin, Standard, 3 Months, Middle Price, £281-1/8-

Market quiet and prices eased in spite of smelter selling. After 3,701 hours, prices were harder-6 tons for-mid-October was sold at £261- 4441 1/4..! :

12,104 12,104 Figures in Lakhs Rupees)

Haiphong (Johore) Tientsin

Mukdeu Tokyo

Yokohama

PRIPING

(Peking)

FOREIGN EXCHANGE and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITs received for Ona Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.

SAVINGS ACCOUNre also opened in CURRENT ACCOUNTS opened in Local Currency and Sterling with LOCAL CURRENT and FIXED D-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 quoted on application.

SAFE DEPOSIT BOXES of various sizes to lat

EXECUTOR

and TRUSTEE business undertaken. Hongkong, 8th February, 1941.

HONGKONG SAVINGS

BANK

The Business of the above Bank is conducted by the HONGKONG & SHANGHAI BANKING COR POŘATION, Bules may be tained on application.

business and claims recovery of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branchen

W. H. EVANS THOMAS,

Manager.

BANK OF EAST ASIA, LIMITED

ob-Authorised Capital....$10,000,000,00

Paid-Up Ospital Reserve and Undivided

For the HosuKONG & SHANGHAI BANKING CORPORATION.

V. M. GRAYBUEN,

Chief Manager.

THE CHASE BANK

16, QUEEN'S ROAD, CENTRAL

Profits

2,983,261.50

Head Ofce:-HONG KONG No. 10 Des Voeux Road, Cantral

Board of Directors : HON. SIR SHOVnox Cnow, Chairman Li Koon Chun, Esq. Là Lan Sang, Esqë- Kwok, Big.. Wong Chu Sonfisq Worg Yun Torg, Esq. Fang Ping Wah Esq.

P.

KAN TONG Eo Eng, Chief Manager HON. ME. LI TSE Foxa, Manager

Branches and Agencies:

16, PINE STREET,

NEW YORK. Ap American Bank offering com- plete Foreign Banking Bervice in the principal Markets of the Amoy world.

SAFE DEPOSIT MUXES

This Bank is a subsidiary of The Chase National Bank, New. York, with Resources of over 11.8.0.3,800,000,000..

D. L. BALLANTYNE,

19th June 1941.

Manager.

WANT ADS

ARE SURE!

INDO-CHINA

0/3-15/84 0/3-15/84EAM NAVIGATION COMPANY ID

0/3-15/64 0/3-15/04

0/3-15/04 0/3-16/64 Opurating Services for Cargo and Passengers

$5-11/3285-11/32-

Silver Daty Rate

The Central Bank of China's rate on London at 10 am, today Was 1/2-1/2d, ././.

Thursday, July 24: _- BUYERS H.K, Govt...4% Loan, 97,50. H.K. Govt. 31% Loan (1934), pg. H.K. Goyt. 84% Loan (1940), 14, Canton Ins., $223,

41 21.30

· 200

17.26

H.K. Fire Ins., #185,

Wllarves, $90,

100 17,30

1,000 9.45

812

22.70

**150*** 10,65

2,003

*Bale on Wednesday 23rd in-

stant

The total value is $10,383,00,

Providents, $5.00.

Lands, $30.

Electrics (0) X. Rts. $22.10.

·Electrics (N), #31. Electrics Rts, $11.

SELLERS Union Ins., 8420. Hotels, $3.50.

The Equalisation rate was 24-1/4 per cent.

Lands $35.60. Trams+$17.40. Comenta,, 316, PA ∙MÄLES

Valon Ins.. 8402/05. Hotels, $8.456

Trams, 817.25....

Lights (0), 80. Watsons, $10,08,'.

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

SINGAPORE, PENANG, and CALCUTTA

SANDAKAN

HAIPHONG

All steamara burth alongsitie the Roosevelt Terminal in the Franola Concalonan÷! Bhangbai, where passengers and pargners lanted. - ·||

For further particulars -

please apply t

Raphong

simalulu

Kobe

Kowloom

London

Prosec Bingapore

Hangoon Banrabaya Manila Balon -Beskow

Hellooone Ban Fran- Sydney Nagic

olaco Tientaln Battle Тапсоптег 4. Semarang Shangha

Pelping

Every description of Banking and Exchange business traniacted. Load granted on approved securities.

Current Accounts opened in Loos! Currency and Fixed Deposits ceived for one year or shorter periods in Local and Foreign Car rencies on terms which will be quoted on application.

SAFE DEPOSIT BOXES TO L

KAN TONG PO,

Ohrid Manager.

BANK OF CHINA

Specially Chartered by. THE NATIONAL GOVERNMENT OF CHINA AS AN

INTERNATIONAL EXCHANGR

BANK

PAID-UP CAPITAL: 140,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our

ur numerous Branobes

in China and connections in the prinsipal Commercial Contres of tho World, we are able to extend to our Cliente special Zacilities for Domestic and Foreign Banking and Exchange.

Head Office-SHANGHAI

Hong Kong Branch 4. QUEEN'S ROAD, O. South China Offico.• CANTON KONGMOON SWATOW TOISHAN A SHIUCHOW. KINGCHOW

We also handle the issue of Bonds and other Public Funds of the | Oldness Govenment both at Home

und Abroad,

SHOU J. CHEN, V

2 ote.

Hong Kong Mines.......

TAL

Canton

London

Singapore HAIPHONG

Lands, Hotels and Buildings

Chefor

Lyons

Sourabaya BANKOW

Colombo

Buagei

H.K. & S. Hotels......

$3.45

Dairan

Patani

H.K. Lands..

$26

$36

Foochow

Muar

Swatow

1971

$20

་--

Do. 4% Debentures.... Shanghus Lands..............

$3.30 ti K. Realtics.

Rumphreys

Chinese Estates.

Cotton Mill.

$411 Eve (8.)

$805

**

S'hai Cottons (8.)...

Zoong Sings (8.)......

Pabllo Utilities

897+

Hankow

$3.30

Harbin

New York Tsingtao

80 80

Iloilo

Peiping

Ipoh

Penang

i

8416 #305

Wing On Textiles (19.)!

$125

H.K. Tramwaye........ | #17,26]

$17{

Pesk Trams (ald)........

Peak Trams (haw)...

$29

353) Star Ferrio

I'mati Ferrie

$22.60

Chins Lighte

(0

It

China Lights (New)...

$1.40

X.Rts. H.H. Bloetries (Old)... $22

IR.

H. X. 1lectrica(Now)...

21

B.K. Electrio (Ra) $11

$18.30

Mucou

Electrica

$11.15

Maçao Electrics

$12

$23

$30

$25

....

Sandakan Lighte

Telephones (old).......... “

$8.05 Telephones (new).............

Industrials

Cald., Marg. (Ord.) B/

Canton Less.

Laments

H.K. Ropes

H.K. Govt.· Louna

14% Loan

R

* 28

$9

Cald., Mack (Prof.)8)

(1948) MiscellaneoUS

#191Dairy Farm

sei Entertainments

$1.60 Constructions (old)...

131%

"

(1994).

39%

iii

5,598,000.00

175 eta.

$15

$8.80

9707.

Hong Kong, Bath Feb., 1830.

$19

$1.65

80 cta Constructions (Daw)..... 38 45 Lane Crawford....................

Nanyang TobaccD....

$6.43

$3.50

BEAD OFFICE:

Sinceros

Watapos

#101

842

CL. G.5% 1925G$B$«.

20

$39

4.K. Wing O® .....................

S'hai Wing Up

314

$7.20 Vibro Piling

5/7

9/1

Maramans Inv. (Lon.) Maramate Inv. (H.K.) Wn. Pow

Fataria

Bombay

Calamita

New York

$1250

3,650

Government)

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