(REUTER'S SERVICE)
JULY 20, ID41,
STOCKS
Last Sale
STOCKS
July 29
Last Sale July 20
Adams Express
72
Spicer Manufacturing Ca.. 381
Alleghany Steel Co.
241
Standard Brands
61
New York Cotton, Oct. New York Rubber, Sept. Chicago Wheat, Sept. Chicago Corn, Sept.
N.Y. COTTON
Altis Chalmers
30
Standard Gas & Elec.......
174
Do Shanghai:—
Amer. Can
801
Standard Oli of N.J.
443
On demand
469
American Cyanamaid B.
42
Studebaker Com
s
Oct.
in Bingapore:---
Dec.
Amer. & Foreign Power
Swift International
221
On demand
52 3/4
Jan
Amer & Foreign $7 pr. ...
201
Technicolor
Ja Japan:-
Mar.
Amer, Locomotive ca
140
Texas Corpn.
441
On demand
102 1/4
Amer, Metals
201
Fran-America
Co.
蚶
May
> India:
Amer Radiator
03
20th Cent Fox Film, Com.
July
B4
Telegraphic
Transter.
Amer
Holling MU
154
Union Bag & Paper Corp
12
and demand
82 1/
45
Union Pacific..
811
On New York:---
Amer Sugar Refining
20+
United Aircraft
42
Bank Bills, on demand 24 3/8
Sept
Amer. Tel. Tel.
153
United Attilues Trans
124
Credlis, 80 days sight 25 1/8
Dec
Biner
Tobacco "B"
71
United Corpn
9/16
On Batavia:-
Mar
Amer. Waterworks
11
United Corpn. $3 cun pf
241
On demand
45 3/4
Anaconda Copper
29
Un Lea
Gas Improvement
71
On Paris:--
Atchison, T. & 8. Fe.
31
U.S. Rubber
240
Bank Bills, on demand Nom.
Aviation Corp.
30
U.S. Steef
500
Credita 4 months' sight Nom.
Total sales:-20 tons. NEW YORK HIDES:
Dec.
Baldwin Locomotive Co.
161
Vanaulun
267
On Saigon:-
Baltimore & Oble
5
Vulter Aircraft
74
Un demand
106 1/2
Barnsdall ou
101
Walworth Co.
51
ic Mantia:~
14.00b 65a Total sales:-28 lots. CHICAGO WHEAT-
PAGE 8-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
NEW YORK STOCK EXCHANGE
QUOTATION
Amer. B'ting and Ring Co.
MONEY AND EXCHANGE
CLOSING QUOTATIONS
JULY 30, 1941.
On London:-----
Telegrapble Transfer, 1/2 7/8 Bank Bills, on demand 1/2 7/8 Credits 4 months" sight
N.Y. Commodity Market
(REUTER'S SERVICE)
Monday's sales-207,600 bales. N.Y. RUBBER:
New York, July 29. Prev High
Low Close Change 17.19 17,10 16.98 10.99 20′ oft 22,756 22.70 22.70 22.01 14 off 105% 106% 2 up 1071
754 750 750
off
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, July 29. The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and no responsibility is assumed for errors in transmission
THURSDAY, JULY 31, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital $50,000,000
INDIA, AUSTRALIA
AND CHINA
Issued & Fully Paid-Up 220,000,000 Incorporated by Royal Charter, 1853
Reserve Funds:
Sterling
£6,500,000 Paid-Up_Capital
.K. Currency Reserve $3,000,000 Reserve Fund Reserve Liability of
Proprietors
£3,000,000 ..£3,000,000
$20,000,000
Reserve Liability of Pro-
prietors
£3,000,000
Head Office:--HONG KONG
Board of Directors: Hon. Mr. J. J. Paterson,
W. H. Lock, Esq.,
Chairman
Deputy Chairman.
J. K. Boastield, Esq.. A. H. Compton, Esq., L. J. Davies, Esq.,
Hon. Mr. S. H. Dodwell,
G. Miskin, Esq.,
K. S. Morrison, Esq.,
HEAD OFFICE: LONDON: 38, Bishopsgate E.C.2. Sub-Agencies In London: 117/122, Leadenhall Street, E.Qa West End Branch: 14/16, Cockapur Street, S.W.1. Manchester Branch: 52. Mosley Street, Manchester,
AGENCIES AND BRANCHES:
HONG KONG PENANG ILDILO
Chief Manager. CLAYS START
RANGOON SAIGON
SEREMBAN
SHANGHAI SINGAPORR
SITIAWAN
GOURABAYA
TAIPING TIENTS IN TONGKAH
1061 750
Closing Ranges Changes
76.99; 17,00
.20 off
17,18/18
24 off
17,21/21
19 ott
17.31/32
.21 off
27.337 33 17.30/30
20 off
.21 otr
ALOE STAR AMRITSAR
22.61b/908 22.05b/409 20,903
.14 off .30 off .40 nf
BANGKOK
Hon Mr. T. E. Pearce,
BATAVIA
SPON
KARAOHI
£
Hon. Mr. A. L. Shields. Hon. Bir Vandeleur M. Grayburn, i
War
Loan, 3%
(Red
KOMBAY CALCUTTA
AGENCIES: KUALA
KLANG
KOBE
after 1952)
1044
LUMPUR
ZILI PLACA
unch
Defence Loan, 3%
1001
Canton K'loon Rly. 5%
10
Chinese 44% Gold LognÏ
Amoy
1898 (Brit. Issue)
47
Bangkok
Branches: Johore Kobe
Bendix Aviation
394
Warner Bros, Pict.
41
On demand
4H 3/4
Batavia
Rangoon Saigon San
CANTON CAWNPORE
KUCHING
MADRAS
Sept
Bethlehem Steel
78
Westinghouse Elec.
921
De Bangkok:---
Dec
Bliss & Co., EW. (com.)
17
Woodward Iron Cor
271
On demana
148 1/2
May
Boeing Airplane Co.
173
Chase National Bank
31
On Sterling Notes:--
Borg Warner
19
National City Bank
27)
Bank Buying Rate
Brings Mfg. Co.
20
Libby, McNell
Bar Silver per o
Now 23 1/9
Monday's bushels.
107/1067 1087/1083 1102/1101
up $ Sales: 12,939,000
# up
Chinese 5% Gold Bonds.
up
1025/47
45
Bombay Calcutta
Chin. 44% Anglo-French
Canton
Loan, 1908
45
Che foo
Chinese 5% Crisp Loan
Colorabo
Cairon
CHICAGO CORN:
1912
291
Budd Macturing Corp
41
Foochow
Canadian Pacific
4
SPECIAL WEEKLY LIST OF
Celanese Corp.
281
CLOSING STOCK
Chesapeake & Ohio
37
$8
Alagada Juneau
43
Chrysler
Columbia Gas & Elec.
31
American L'motive $7 pf.
932
Market Report
FROM ROZA BROS.
Wednesday, July 30
Sept
758.75#
off Chinese 5% Reorg. Loan
Haiphong
Dec
7818
off
1913 (Ldn. 19.)
38
Hankow
May
81/81
off
Chinese 8% Ster. Notes
1925 (Vickers)
Harbin
9
NEW YORK LARD:
Chin. Imperial Rly. 6%
Iloilo Ipoh
Commercial Credit Co.
242
Asset Gas & Elec. 5 Pi
Com & Southern (Ord.)
7/18
Atlantic Gulf and W PI,.
39;
Consolidated Edison Co.
187
Atlantic Refining
234
Consolidated Oil
61
atlas Corp. ........
î
Compurweid Steer
161
Auburn Central Mfg Co.
31
as
Curse Witgt:
(C..
14
Barber Asphalt Corp.
91
Bliver prices rose 1:18 yesterday for both deliveries, the quotations being 23.1/2 for both Reade and Forward. Silver advices reported
the
steady. market
being American Silver was quoted at 34.
Sept. Dec
10,32/30 10.62a
.10 off .08 off
Loan
55
Honan Rly. 5% 1905
13
N.Y. BLACK PEPPER:
Hukuang Rly. 5%.
1911
(L.P. N/Y Issue)
16
Sept Dec
6,28,'27 $.35/35
.04 up
.02 up
Hukuang Rly. 5%, 1911
(German Issue)
13
quoted on application.
Distillers Corp. (Seagrams)
162
Bath Iron Works
236
N.Y. COTTONSEED OIL:
3/4 for Spnt
Douglas Aircraft
74
Bellanca Aircraft
31
Du Pont de Nemours
158"
Callahan Zing & Lead
Eagle Picher Lead
By
Case (JI)
80
York The London New rate was quoted at 402.1/2. York/London was quoted at
cross-
Sept.
New
Dec.
11.90b/92a 11.65b/68a
Rach
Lung Teing & Hai
Rly. 6%, 1913
12
SAFE DEPOSIT various sizes to let.
BOXES
03 up
S'hai-N'king Rly. 5.
15
409.
N.Y. SUGAR No. 3:
Elec. Autolite Co.
20
Climax Molybdenum Co.
381
1/2
Elec Band & Share......
22
Cluett Peabody
971
MARKET
Elec. Bend & Share $5 pt
471
Commercial Solvents
111
Sept. Jan.
2,80b/81a
01 of
2.63b/640
.0% off
Steady but quiet
Eee Bond & Share $6 pt.
54
¡Continental Can
36
Business done:-406 lots.
Tientsin-Pukow Rly, 5.
(Brit, Stpd.) Tientsin-Pukow Rly. 5%
(German Stpd.) Tientsin-Pukow Rly. 5%
TRUSTEE and business undertaken.
12
12
Elec. Power & Light S pt.
34
Continental Oll
25+
STERLING
N.Y. SUGAR No. 4:
mintkeke.
14%
Corn Products Refring
53
Gen Electric
321
Corn Products 7% Pfd.
1754*
October, buyers at
There were sellers at 1/3 up to
1/3 1/32
for
Sept.
Dec.
Gen Moters
39
Coty Inc.
#1
any deliverv
May
Gen Rallway Signal
154
Coty Int.
11/10
U. S. DOLLARS
Gen. Tire & Rubber
121
Curtia Wright Corp "A"
274
Goodrich B.F.)
L84
Deere Co.
252
Goodyear Tire & Rubber
19A
Distillers Corp. (Beagrams)
Firm, Opened with sellers 24.13/16 and towards the close 24.15/16 could have been obtained
at
21 of 1,496/49 a 17 off 1,59b/60 17 off Bualess done:-1,279 lots. NEW YORK COCOA
slept.
Great Northern Iron Ore
178
Eaton Mfg. Co.
932
Great Northern Rly, pfd.
27%
Gen. American Trapis
53
for forward and probably near. buyers at 25 for Cash,
Dec.
Great Western Sugar
271
Glidden Co.
169
SHANGHAI DOLLARS
Inter. Nickel
27
Goodrich $5 pfr,
062
Business was done during
the
Inter. Paper & Power
171
Great Lakes Dreged
13
Int, Tel. & Tel. (Fon Is.)
24
Greyhound Corp.
13
Johnsmanville
68
IA. Harvester ......
55$
Kennecout Copper
301
Libby, MoNell & Libby
51
early part of the morning.at for Cash. The market closed with seilers at 477, buyers at 478.1/2.
479
7.67/67 7:79/79 N.X, WOOL GREASE
7 off 93,5b/93:6a Dec.
34-9/4 N.Y. Official Silver N.Y./London Cross Rate 403-1/2
Libbey-Owens-Ford
Glass
29
Mack Trucks Inc.
317
Lockheed Aircraft
273
McKesson & R., $3 pid.
142'
Loew's Inc
34
Mountain City Copper
27
Martin, Glen L, O.
201
Nat Gypsum
$
Montgomery Ward
35%
Nat. Lead Co.
18)
National Aviation ... Nat, Dairy Products National Distillers
Nat Power & Light
82
NY. Chic, St. Louis 6 pl....
441
14
Pacific Gas & Mect.
251
222
Fan-A'can Airways.
14
B
Piper Aircraft
42*
National Supply Corp
71
P'burgh Coke & Iron
74
New York Central
131
Public Service of NJ.
224
Niagara Hudson Power
24
Ryan Aeronautical Co
41
SHANGHAI MARKET Sterling opened with seli 25 WIEN easier 3.11/64 and előred
sellers at 3.9/64 for Spot. U. & Dollars opened with sellers at 9.7/ 32 and closed steadler at S.1/4) for Spot?
Shanghai Exchange
Shanghai, July 30 (Renter).
Offcix] T.T. Kates
H.K. Stock Exchange
Wednesday, July 30. BUYERS
H.K. Govt. 4% Loan,. 97.50 HK. Govt, 31% Loan (1940),
94:00
Bank of East Asia, Sib Canton the,, $225,
N. American Aviation
161
Sears, Roebuck & Co.
722
Opening
HK, Fire Ins., $168.
North American Co. (New)
131
Southern Rly.
17#
London
0/3-1/8
Providents, $5,70.
Northern Pacific
78
Sperry Corp.
381
New York
5-1/8
Packard Motors
2+
Standard Gas & Elect
Paramount Pictures
13)
Standard Oll of Calif.
Japan
231
Chinese Estates $101. Lights (0), $5.70.
India
Pennsylvania R.K
* 241
8tone & Webster
78
Phillips Petroleum
45
Texas Gulf Sulphur
38
Pullman Inc...
284
Thompson Products
30
Paris Hongkong
Pure Ou
10
Tidewater Assed: O...
11
Sterling
Sellers
Radio Corpn. of Am......
43
Tunken Detroit Axle Co.
331
Reading Company,
Com
18
Twin City Bapids.
22+
Opening
Closing
Remington Arms Co., Inc.
43*
Un Carbide & Carbon
781
Spot
0/3-11/64 0/3-9/64
Repubile Aviation Corp.
4
United Gas (epramon)
11/10
July
Repubile Best
200
Un. Light & Pwr, “A"
3/18
Aug.
Reynold Tobac. ""
32
S. Ind. Alcoho
31
Schenley Bullers
148
Us. Kents & Emy
2-
Spot
Shell Union Ol
Socony-Vacunum Of Southern Pacific.
162
Us, Rubber 3% pid.
92
July
101
US. Smelt., Ref. & M.
$9
5.-1/4 5-1/4
131
Ystown Sheet & Tube
394
Southern Rly $5 pfd,
201
Royal Bank of Canadu
1941
DOW JONES AVERAGE
High Low Dow Jones Ayoragea 138.50 116.3) 30 Industrials
30.55 24.00 YO
Baile
July 30, 1941.
July. 28, High Low Close 130,0-5 130.33 126.93 18419 30.93 30.41 31,57 314,66 18.69 18.79 1840 18.57 Utilitica
$1.48 91.42 Bonds 77.49 55.46 11 Commodity Index 72.48*
20,05 17.22 16
98.19 80.66 45
LONDON METALS
EXCHANGE
London, July 20 (Reuter).
Middle
Tin, Standard, Ca,
Th, Standard, 3 months, Middle
Price, 28-3/4, ̈*
Prico, £240-5/8.
Aug.......
unquoted 17-1/4 num'nal 20-3/4
0/3-11/84. 0/3-9/64 0/3-11/64 0/3-9/64 U.S. Dollats
$5-7/32 $5-1/4
5-7/32 5-7/32
Market: Sterling uncertain, U.S.
Dollars steady.
The
Silver Daty Rate
Lands, $33,75.
SELLERS Lights (O), $5.85.
Electrica (0) X. Rta., $23.26. Ropes, $8.50,
SALES Lights (0), 95.76. Lights (N), $1.30. Telephonies (O), $2280,- Ropes, $8,30. Dairy Farms, $19. Watsons, $10.75.
The value or building permits Issued in Hamilton, Ontario, for the period January to April, te talled $1,375,333 as compared with 3861,183 for the corresponding or more four months last year. than double:
BANK OF EAST ASIA, LIMITED
& SHANGHAI BANKING COB Authorised Capital $10,000,000.00
be ob Paid-Up Capital ...... Reserve and Undivided
For the HONGKONG & SHANGHAI BANKING CORPORATION,
V. M. GRAYBURN,
Chief Manager. Hong Kong, 28th Feb., 1939.
THE CHASE BANK
Head Offer:-HONG KONG No. 10 Des Voeux Road, Central
Board of Directors:
15, QUEEN'S ROAD, CENTRAL P. K Kwok Eeg
18, PINE STREET,
NEW YORK. Au American Bank offering com
plete Foreign Banking Service
HON. SIR SHOUDS CHOW, Chairman Li Koon Chun, Esq. Li Lan Song, Easy.
Wong Cha Son, Ang Worg Yun forg, Beg. Pung Plug Web Esq. KAN TONG Po, Esq, Chief Manager HON. MR. LI TSE FONG, Manager
in the principal Markets of the Batavia
world.
SAFE DEPOSIT BOXES
Branches and Agencies:
Every description of Banking and National Bank, New Exchange business transacted. Loans York, with Resources of over granted on approved securities. 11.8.$.3,800,000,000.
D. L. BALLANTYNE,
12th June 1941.
Current Accounts opened in Local Currency and Fixed Deposits re- or. shorter Manager.ceived for one year
periods in Local and Foreign Cur- rencies on terms which will be quoted on application.
WANT-ADS ARE SURE!
E-INDO-CHINA
Central Bank of China's
rate on Lordon at 10 am, today
Change: Was 1/2-1/2d
+7.all The Equalisation rate was 24-1/2
.09 up per cent.
.12 -off .00 up 7.38 off Business Done: 600;000 sħaros
HONGKONG
SHAREBROKERS
ASSOCIATION
Volumn of Business Trananastra
on Wednesday, July 80, 1941,
Market easy. Drop ascribed to resumption of amolter selling on a Chin Lights (0)
Calcutta Exchange
Calcatta, July 29 (Reuter). T.T. on Japan, unquoted;
India Rupee Paper
Bombay, July 20' (Renter), Govt. 34% Rupee, 00-0-0.
SILVER MARKET LONDON. SILVEK London, July 20 (Router).. Silver-Vory mall trade demand
$6.75 provided. Market steady.
SALES
500
thin market. After hour-prices
200
16.75
Apót, 23-1/2"H!
A.E. Watsons
209
China Lights (N.)
... 034
1075
*1.30
1,834
unchanged with no business
LONDON GOLD
Losidon, July 20 (Rentor). Bar Gold, Fino poc de 108/--
The total valuo fa 69,999 20.
Forward, 23-1/26/
Indian Mini Bulver....... Hendy 68-15-0 Aug, 10 Bottlement. 02-10-8 Bopt. 17 Bettlement... 03-01-0
STEAM NAVIGATION COMPANY LTD
Operating Services for Cargo and Paskongors
TO
AWATOW, SHANGHAI, TSINGTAU, CHEFOO
TIENTSIN
KOBE and OSAKA..
SINGAPORE PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All ateamors bertií alongside the Roosevelt Tarinal in the French Concession at Blianghai, where passengers. and cargo are landið.
For further particulars.
plans apply to
JARDINE
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
BANK
PAID-UP CAPITAL $40,000,000,00 (BEANCHES ALL OVER CHINA) Owing to our numerous Branches in China and connections in the principal Commeroik Centres of the World, we are able to extend to our Cliente special facilities for Domestic and Foreign Banking and Exchange, men de
Head Office-SHANGHAI
Hong Kong Branchsi
QUEEN'S ROAD, C. South China Offices:
CANTON
SWATOW
LONGMOON TOISHAN
SHIUCHOW KINGCHOW
We also handle the issue of Bonds and other Public Funds of the Chiness Government both at Home
Co.,LTD, and Alzand SHOU J, CHEN,
NAGERS
Manager.
1.40b/41a
Brit. Stpd. Supl, Loan) Tientsin Pukow Rly. 3%
(Ger. Stpd. Sudi, Lean) Jap, 6% Ster. Loan, 1824 Ger. 7% Intl, Loan, 1924 Chartered Bank
12
#
8
.01 up .02 up
HK. & S'hat Banking Corp: (Lan, Reg.) .....
08
H.K. & S'hai Banking Corp. (Col. Reg.) .... Chinese Eng. & Minn K
(bearer)
Chosen Corporation Mercantile Bank of In.
dta, £6, “C”
76
སྲ ༞ གཿ གླུ ༄;
Kowloon
Kusla
Francisco DRT.RI
Lumpur Shanghai
London
Lyons Malacca Manila
Muar
HAIPHONG
Singapore HANKOW Sourabaya
Sungei
Patagi Swutow
(Johore) Tientsin Mukden Tokyo- New York Teirgtsa
Yokohama Peiping
Penang
PEIPING
(Feking)
FORRIGE EXCHANGE and General Banking Business transacted,
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for Ons Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with CURRENT ACCOUNTS opened it interest allowed at rates obtainable LOCAL CURRENCY and FIXED DR un application. POSITS received for one year or The Bank's Head Office in London shorter periods in Local and other undertakes Executer and Trustee Currencies or tarms which will be business, and claims recovery of
British Income Tax overpaid, on of terms which may be ascertained at any of the Agencies and Branches. W. H. EVANS THOMAS,
Manager.
EXECUTOR
Hongkong, 28th July, 1941.
HONGKONG SAVINGS
BANK
CEDU COLOMBO
MANILA
MADAN
(Bhuket) TSINGTAO
NEW YORK
YOKOHAMA
The Business of the above Bank
192
is conducted by the HONGKONG
PORATION. Rules may
tained on application.
Profits
5,598,600.00
2,983,261.60
13/8
4/-
Pekin Syndicate
11 1/-
S'haf Elec. Constr. Ce
15/-
S'hai Waterworks "A" Unton Insurance
15
92
HEAD OFFICE:
Gula Kalumpong Rubber 15 Lon., Mid & Scot., Rly. 13
3441 Great Western Rly....... National Bank of India 314 B-A Tob. (bearer) Dunlop Rubber
Amug
Kowloon Loudon
83/0 34/104
Bombay
Manila
Pa
Stefrom
Hangoon
Singapore dvarubaya
#slow
Melbourne 8x Fran- Sydney
Halphong
Men
giese Tientsin
Bristol Aeroplane
11/1
Bankow Honolula
New York
Heaktio
Vancouver
Parle
Šemarka
Imperial Chemical Ind. 31/6 United Steel
Kobe
Polping
Stanghal
23/8
Woolworths
$4/6
This Bank is a subsidiary of The
Marsman Investments
5/7
Chase
Western Holdings
18/3
Sub-Nigel
241/9
Shell Trans. & Trad.
(bearer)
45/7)
• bid
1 ex div.