(Red
Defence Loan, 3%
1042 1001
(Ger. Stpd. Supl, Loan) Jap, 6% Ster. Loan, 1924 Ger 7% Intl, Loan, 1924 Chartered Bank
12
en Singapore:--
22.23 41
On demand
Jn Japan:-
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
London, July 25.
The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and do responsibility is assumed for etrors in transmission.
War
Loan, 34% after 1952)
LONDON METALS
EXCHANGE
London, July 25 (Reuter). Tin, Standard. Cash, Middle Price, 261-1/8.
Tin, Standard, 3 Months, Middle Price, 263-5/8.
Market firm on stronger United States advices.
Tleutsin Pukow Rly, 5%
MONEY AND EXCHANGE
CLOSING QUOTATIONS
JY 26, 1941. London:----
Telegraphie Transfer, 1/2 7/s Bank Bills, on demand 1/2 7/8 Credita 4 months' sight Jo Shanghat:—
On demurd
NEW YORK STOCK EXCHANGE
STOCKS
Adams Express
QUOTATION
(REUTER'S SERVICE)
JULY 21, 1941.
Last Gale
STOCKS
Last Sale
July 28
July 20
Sterling..
78
Alleghany Steel Co. Allis Chalmers....... Amer. Can
243
Johnsmanville Keimecos Cupper
68*
Reserve Liability of
MONDAY, JULY 28, 1941.
BANKS
HONGKONG & SHANGHAI | THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital $50,000,000
INDIA, AUSTRALIA
AND CHINA
Issued & Fully Paid-Up 820,000,000 | Insurporated by Royal Charter, 1855
Reserve Funds:
£6,500,000 Paid-Up Capital
H.K. Currency Reserve $10,000,000 Reserve Fund......
£3,000,000 ..£3,000,000
391
Proprietore
$20,000,000
31
· Libbey-Owens-Ford
Glass
289
Reserve Liability of Pro-
prietors ......
£3,000,000
89
Lockheed Aircraft
271
Head Office:-HONG KONG
American Oyanamid B.
4.0
Loew's Inc.
331
450
Ainer, & Foreign Power
13/16
Amer & Foreign $7 pt. ...
192
Martin, Glen L. Co. Montgomery Ward
29
Board of Directors:
35號
Hen, Mr. J. J. Paterson,
52 3/4
Amer. Locomotive Co.
148
National Aviation
B*
Amer, Metals
191
Nat. Dairy Products
141
W. H. Lock, Esq.,
3-15/16
On demand
102 1/4
Amer. Radiator
National Distillers
22
Deputy Chairman
Canton-Kioon Rly. 5%
10
H.K. &
S'hal Banking
On India:-
Chinese 4X Gold Loan
1898 (Brit. Essue)
Corp. (Lan, Reg.)
71
Telegraphic
Transfer.
Amer. Rolling Mu
15
Nat, Power & Light
61
J, K. Bousfield, Esq.,
82 6/8
41
H.K. & S'hai Banking
and demand
Chinese 6% Gold Bonds.
1925,47
Corp. (Col. Reg.)
82
On New York:-
46
Chinese Eng. & Mixing
Chin. 44% Anglo-French
(bearer)
15'6
Bank Bills on demand 24 5/16 Credits, 60 days' sight 25 1/16
Amer. 8'ting and Ring Co. Amer Sugar Refining Amer. Tel,
45
National Supply Corp.
74
A. H. Compton, Esq.,
191
New York Central
L. J. Davies, Esq.,
131
Tel
1537
Niagara Hudson Power
21
Amer. Tobacco "B"
70
N. American Aviation....
159
K. S. Morrison, Esq.,
Amer, Waterworks
47
North American Co. (New)
134
Loan. 1908
46
Chosen Corporation
4/-
Jo Batavia:--
Chinese 6% Crisp Loan
1912
201
Mercantile Bank of In
dia, £5, "CH
On demand
..... 4 6/8
Anaconda Copper
29
Northern Pacific
71
Atchison, T. & 3, Fe.
301
Packard Motors
27
11
Da Parts
Hon. Mr. A. L. Shields, Bir Vandeleur M. Grayburo,
Chinese 5% Reorg. Loan
1913 (1øn Is) Chinese 8% Ster. Notes
1925 (Vickers)
Pekin Syndicate...
1-
38
S'hat Elec. Constr. Co.
15/-
Bank Bills, on demand Now. Credits 4 months' sight zow.
Aviation Corp.
31
Faramount Pictures
114
Chairman
Hon Mr. S. H. Dodwell,
Q Miskin, Esq.,
Hon. Mr. T. E. Pearce,
HEAD OFFICE: LONDON:
38, Bishopsgate E.0.2. Sub-Agencies In Londan: 117/122, Leadenhall Street, E.0.3. West End Branch: 14/16, Cockapur Street, B.W.1. Manchester Briach: 62, Mosley Street, Manchester, &
AGENCIES AND BRANCHES:
HONG KONG PENANG ILOILO IPOR
KARAORI KLANO
ALOR STAR
AMRITSAR
KOBE Chief Manager. CALCUTTA
BANGECI
BATAVIA
BOMBAY
RMNGOON
SAIGON
SEREMBAN
SHANGHAI
Baldwin Locomotive Co.
16
Pennsylvania R.R.
24
Baltimore & Ohio
41
Phillips Petroleum
S'hal Waterworks "A"
16
In Balgono
1
Union Insurance
22
Un demand
Barnsdall Oll
10
106 1/4
Pullman Inc.........
283
Amoy
Bendix Aviation
39.
Chin. Imperial Rly. 5%
Gula Kalumpong Rubber
15
to Manlia!--
Pure Oil
10급
Bangkok
Loan
55
Lon., Mid. & Scot., Rly.
134
On demand
48 5/8
Bethlehem Steel
774
Radio Corpo, of Am.
4
Batavia
Branches: Johoro Rangoon Kobe Saigon
San Kowloon
AGENCIES OLIVE START FAIRCI PLAUE
C'ANTON CAWNPORE CEBU
KUALA
KUCHING BAURAS
LUMPUR
SINGAPORE
BITIAWAN.
ROWBABATA TAIPING
TIENT IN TONGKAR
MANTLA
Honan Rly. 6% 1905
13
Great Western Rly.
364
On Bangkok:---
Bliss & Co., E.W. (com.)
175
Reading Company,
Com
18
Bombay
Kuola
Hukuang Rly. 6%. 1911
National Bank of India
311
On demana
149 1/2
Boeing Airplane Co.
177
Remington Arms Co., Inc.
41*
Calcutta
Lampur Shanghai
(LP. N/Y Issue)
15
B.-A. Tob. (bearer)
82/6
on Sterling Notes:-
Borg-Warner
Republic Aviation Corp.
4
Canton
London
Chefoo
Hukuang Rly. 5%, 1911
Dunlop Rubber
34/7
Bark Buying Rate
Now.
Briggs Mfg. Co.
191
Republic Steel
203
Lyons
Colorabo
Malacca
Sungei
(German Issue)
13
Bristol Aeroplane
11/12
Bar Bliver per os
23 1/2
Budd M'facturing Corp.
41
Reynold Tobae. "B"
32
Dairen
Manila
Patani
Lung Tsing &
Hal
Imperial Chemical Ind
Canadian Pacific
4.
31/1
Schenley Distiliera
141
Foochow
Munr
Swatow
Rly. 5%, 1913
124
United Steel
Z3/44
S'hai-N'king Rly. 5%...
15
Woolworths
53/9
Tientsin-Pukow Rly 5%
Marsman Investments
5/71
(Brit Sipd.)
12
Western Holdings
14/4
Tientsin-Puko# Rly. 5%
Sub-Nigel
141:3
(Gempan Stpd.)
12
Shell Trans
&
Tientsin-Pukow Rly 5%
(bearer)
(Brit. Stpd. Sup!, Loan)
12
• bid
Trad.
1 ex div.
45/-
ASSOCIATION
Luyorm
Bellers
Balet Marinal
SATURDAY
Buyer
Bellom
$75
$185
+
Indo-Ching (Def.)
80.55 Work
Valerbonis..
Docks, Wharves,
800
$6.80 Providents........
816.80 H.K. Docks (Old)....
R.K. Docks (New).. +Changbai. Docks..........
Mining
និង
E23
211
$74
Bank of East Asia.
N C. A 8. Banks...
Insurances
18
$225
Canton InsuranceS
$400
$405
Union InsuJORÇËS.
$220 $400
UnderwriterA
75 cts.
++
H.K Fires.
$185
Shipping
$120
FroFnees
€190
B
Steamboats
$8.4
BR0
Indo Chinas (Pref.).
890
#70
870
45:0
Auraliu
46/0
$44
Godowns, etc.
HK. & K. Wharves
$93
86.80
$10,80
£82 £77
Le 18/16
£231
875
Market Report
FROM ROZA BROS.
Saturday, July 26. Silver prices were not quoted. Silver advices reported the market as being steady. American Silver was quoted at 34.34 for Spot, A The London-New York cross- rate was quoted at 402.1/2. New
HONGKONG SHARE QUOTATIONS York-London was quoted at 404.
STOCK EXCHANGE,
SHAREBROKERS'
25 JULY.
Banks
$1416.K. Banks
Do. (Col. Reg.)...
lo. Lon. Reg.) hartes ad Banke......
Mercantile Bks. "A".
Mercantile ks. "C"
$994
12/8
Kailan
€8 Raubt
.....
2 ots. Boug King Minos......
$10
Lands, Hotels and
Buildings
H.K. & S. Hotels..
H.K. Lands........
Do. 4% Debentures.
Shanghai Londs.
83.30 H.K. Realtics..
#37
Thumphreys .....
Chinese Estates........
Cotton Mil
$101
841
Evo (8.)
$305
S'hai Cottons (8.)...
Zoong Sings (8.).....
MARKET
Nervous with no business pass
ing
STERLING
No business was reported. There were sellers at 1/3 up to October, 81415 buyers at 1/3.1/32 for any de-
livery.
U. S. DOLLARS
No business was reported. There were
small buyers towards the close at 24.11/16 for Cash, sellers at 24.5/8 for Cash.
SHANGHAI DOLLARS
Business was done early In the morning at 461.1/2 but subse- quently the rate rose rapidly and towards the close there were pro- bable sellers at 470, buyers at 471. SHANGHAI MARKET
Sterling opened with sellers at 3.1/4 and the last rate received reported the market $ being weak at 3.9/64 for Spot. U.S. Dollars opened with sellers at 511/32 and closed easier at 5,3/16 for Spot.
Shanghai Exchange
-Shanghai, July 20 (Reuter).
Official TT. Rates
Opening
0/3-3/18 5-3/16 22
Chrysler
High Low Dow Jones Averages 133,60 136.30 30 Industrials
80.54 20,54 20
Haile Utilities 20.65 17.22 16 02.19 80.66 40 76.83 58.46 11
N.Y. COMMODITY MARKET
(REUTER'S SERVICE)
Celanese Corp.
29
Shell Union Oil
158
Haiphong
(Johore) Tientsin
Chesapeake & Ohio
384
Socony-Vacunum Ol
10
Hankow
561
Southern Pacific
134
Harbin
Columbia Gas & Elec.
Bouthern Rly $5-pid.
274
Iloilo
Mukden Tokyo New York Tsingtao Peiping
Commercial Credit Co. Com, & Southern (Ord.)
241
Spicer Manufacturing. Co
38
Ipoh
7/16
Standard Brands
51
Consolidated Edison Co.
19
Standard Gas & Rec.
Consolidated O
61
Standard OU of NJ.
44
Copperweld Steel
16)*
Studebaker Com.
54
shorter periods in Local and other
Curtiss Wright (C.)
9
Swift International
-23+
Distillers Corp. (Seagrams)
18
Technicolor,
91*
quoted on application.
Douglas Aircraft
74
Texas Corpn. ..................
434
SAFE DEPOSIT BOXES
Du Pont de Nemours
1561
Trans-America Co.
various sizes to let.
Eagle Picher Lead....
98*
20th Cent, Fox Film, Com.
68
TRUSTEE and
Mec. Autolite Co,.
27
Union Bag & Paper Corp.
12
Elec Bond & Share
21
Union Pacific
1*
Elec. Bond & Share $5 pf.
52
United Aircraft
422
Elec. Bond & Share 6 pi.
564*
United Airlines Trans
12
Elec. Power & Light 37 pf.
334
United Corpn.
Flintkote
142*
United Corpn. $3 cum pí.
24
Penang
Francisca COLOMBO
DELHI
Singapore HAIPHONG Sourabaya HANKOW (Peking)
Yokohama
FOLION EXOHANGE and General Banking Business transacted.
CURRENT ACCOUNT 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 ACCOUurrs also opened in CURRENT ACCOUNTS opened in Local Currency and Sterling with LOCAL CURRENCY and FIXED De-interest allowed at rates obtainable PORITY received for one усат or on application.
The Bank's Head Office in London
Currencies on terms which will be undertakes Executor and Trustee
business, and claims recovery of of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches
W. H. EVANS THOMAS,
Manager.
EXECUTOR
business undertaken. Hongkong, 28th February, 1847.
HONGKONG SAVINGS
BANK
(Bhuket)
MEDAN
NEW YORK
PEIPINO
TSINGTAO УОКОНАМА
Gen. Electric
32R
United Gas Improvement
78
Gen Motors
981
US. Rubber
234
Gen. Railway Signal
147*
U.S. Steel
591
Gen. Tire & Rubber Goodrich (B.F.)
13
Vanadium
254
The Business of the above Bank is conducted by the HONGKONG SHANGHAI BANKING COR-
17A
Vuitee Aircraft
7A
PORATION. Rules may be
Goodyear Tire & Rubber Great Northern Iron Ore Great Northern Rly, pfd.
182
Walworth Co.
52
tained on application.
17*
Warner Bros. Pict.
41
27A
Westinghouse Elec.
92+
Great Western Sugar Inter. Nickel .......
27
Woodward Iron Cor.
271*
27
Chase National Bank
314
Inter. Paper & Power Int. Tel. & Tel. (Fon, Is) *** 27*
181
National City Bank
27
Libby, MeNell
DOW JONES AVERAGE
1941
July 27, 1941.
129.00
July. 26, High Low Close 128.79 128.04 188,70
29.92
30.08 29.87 30,08
Change 84 up 16 пр
16.52
18.30 18.53 18.50
07 up
Bonde Commodity Index
D1.46
01.45
01 off
76.63
Business Done: -860,000 shares
8192
$0 tortainmenta
| 81,80 | Construckloní foli)............
60 otsonstructions (new)......
30 45 Lane Crawfords....
Nnnyalig Toboco......$8.00
38 Sinceres
G.6%
1995 Gda UK. Wing Onlin B'had Wing On $7,30 Vibro, Pilling wi Marannus Inv. (Led.)
9/11 || Marannus Inv., (H,K,)
Wm. Powella.
NA Chemicals (HK) 4Bale to Bhanghai
London
New York
:::
235 2361
F07*
::
13.45
Japan
$361
8971
Indla Hongkong Parle
17-6/8 21-1/8
New York Cotton, Oct,
nominal
Chicago Wheat, Sept.
$3.30 86,80
Sterling
Chicago Corn, Sept.
New York, July 20. Prev High Low Close Change 17.05 17,34 16 90 17,28 21 up 1061 1001 108 1073 it up
754
761
76 751
up
Sellers
Opening
$41
Spot
0/3-1/4
Closing 0/3-9/04
N.X. COTTON
Dec.
Closing Ranges Chienges
May
$306
July
0/3-1/4
0/3-9/84
Det
17.28/28
1091/1094 -14 up 11/111
21. up Friday's sales-13,610,000 bushels
12th Juue 1041.:
Ang
0/3-1/4
0/9-9/64
Dec.
17.39/99
23 up CHICAGO CORN:
Wing On Textilen (8.)
$125
U.S. Dollars
Jani
17.42/42
18 up
Public Utilities
Spot
35-11/32
$5-3/16
Mar.
17.51/51
.19 up
Sept..... 70/781 Dec.
up
781/788
up
117.15
$171
H.K.
Tramways.................... | $171
$17.30
July
5-11/32
Poak Tratas (old)....
Aug,
5-11/32
5-3/16 5-3/18
May....
17.51/51
10 up May
B11/814
July
831
Peak Tratos (now)...
834
17.50/50
14 up
NEW YORK LARD:
Market:Uncertain,
863 Star Ferries.
Y'ati Ferries.
$22.60
$8
China Lights (0)...........!
$6
Silver Duty Rate
The Central Bank of China's
Friday's gales:-297,800 bales,
Sept.
10 52a
CHICAGO WHEAT-
Dec.
10.85b
wh
China Lights (Now).....
$22.10 821
X.Eta, H. K. Mectrica (Old).......! $12)
X.I.
$1.40 rate on London at 10 am, today
was 1/2-1/24.
H, K. Vlectrica(Now)...! $21
.#1
$11811,15
H.K. Electric (Rs) $11
818.10 Macao Electrios
Manne Klootrios
$12
Bandakan Light................
#23
Telephone (old).....
$28)
80
Telephones (how}..................)
Industrials
TT on Japan, 81-1/2
930
Cald., Maeg. (Ord.) 8.
Catea Icon
$143 B181
__
#071
8041
$94
Cements
20 Cald., Macg. (Prof.)8.
88.00. Ropes
175 ota
$16
$8.80
ILK. Girl Lonas
4% Loan
a1%
31%
(1984)... (1940)..
14
MiscellaneoUS
919 Dairy Farms......
#10.
SKI
$1.65
The Equalisation rate was 24-1/4)
per cent.
Calcutta Exchange
Calcutta, July 28 (Reuter).
India Rupee Paper.
Bombay, July 2 (Router). Govt. 31% Rupce, 98-0-0,
974 HONGKONG
SHAREBROKERS
ASSOCIATION
Volume of Business Traniacted
On Saturday, July 8, 1941.
SALES
6.48 HK: Electrics (Old)
100 $22.25
100 17.30
31.78
H
$10
HK, Lands H.K, Tramwaya (m.
100 35.25
200 – 17.30.
200 17.30*
$4%
600 17.30
100-17:30
H.K. Electric Rts.
230 11.00
$1,600
The total value Js $37,030.00,
.10 up ,13 up
Sept. 1071/107 14 up N.Y./London Cross Rate unreed.
WANT-ADS
RRE.
Cheap!
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Fassengers
TO-
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
And TIENTSIN.
KOBE and OSAKA
SINGAPORE PENANG and CALCUTTA SANDAKAN --
HA PHON
All steamers berth alongside the Roosvelt Terminal in the French Concassion, at Shanghel, whore, passengers
and cargo are landed.
For further particulars
plasen apply to-
HESON
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
เ
PAID-UP CAPITAL $40,000,000.00- (BRANCHES ALL OVER CHINA)
Owing to our numerous Branches in China and connections in the principal Commercial Centres of the World, we are able to extend to our Cliente speoint facilities for Domestic and Foreign Banking and Exchange.
Head Offko-BHANGHAT Hong Kong Branch:
4, QUEEN'S ROAD, C.
South China Offices CANTON KONGMOON SWATOW TOISHAN
SHTUCHOWKINGCHOW
tlso handia the issue of Bunch and other Public Funds Chinese Gövrument both at Home and Abread 14
SHOU JE DHENNET
BANK OF EAST ASIA,
LIMITED -
ob- Authorised Capital ....810,000,000.00
Paid-Up Capital ......
For the HONGKONG & SHANGHAI Reserve and Undivided
BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1939.
THE CHASE BANK
16, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PINE STREET,
NEW YORK. An American Bank offering COLD- plete Foreign Banking Service in the principal Markets of the world.
SAFE DEPOSIT VOXES
This Bank is a subsidiary of The Chase National Bank, New. York, with Resources of over 1.8.8.3,800,000,000."
D. L. BALLANTYNE,
Btanager
Profity
5,598,600.00
*** 2,953,281.60
Head Office:--HONG KONG No. 10 Des Voeux Road, Cantral-
Board of Directors: HON. SIE SHOUSON CHOW, Chairman Li Hoon Chun. Esq. Li Lan Sang, Esq; P. K Kwok, Faq. Wong Cha Son, Esq Wong Yun Tong, Esq. Fung Ping Wah Esq. KAN TONO PO, Esq, Chief Manager HON. ME. LI Ter FONG, Manager
Kowloon
Kangoon
Branches and Agencies:
Amoy
Реляти
Batavis
Louding
By
*Salena
Hingapore Bjarabaya BWALOW
QalentCa
Haiphong
Nagasak
doo Tanto
HADOW
Jovella
Remarrog
Kobe
Kelbourne San Fran. Bydney
Saw Tock Seattle Vancouver Parla
Pelping Shanghal
Every description of Banking and Exchange business transacted. Loans grauted 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 on application.
SAFE DEPOSIT Boxes To LET.
KAN TONG PO
Chief Manager.