New York Cotton, Oct.
Chicago Wheat. Bept, A.....
Chicago Curn. Sept.
751
New York, Aug. 2. Prev High Low Close Change 16.28 18.99 16.70 18.95 72 up 100 1081 106) 108 21 up
17
Ja London:-
753 781 } up
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
N.Y. Commodity Market
(REUTER'S SERVICE)
MONEY AND'
EXCHANGE
CLOSING QUOTATIONS
AUGUST 2, 1541
Telegraphic Transfer. 1/8 7/8 Bank Bille, on demand 1/2 7/8 Credits 4 months' sight
NEW YORK STOCK EXCHANGE
STOCKS
Adams Express
QUOTATION
(REUTER'S SERVICE)
AUGUST 3, 1941
Last Sale
MONDAY, AUGUST 4, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED-BANK. OF
BANKING CORPORATION
Authorised Capital........... $50,000,000
INDIA, AUSTRALIA
AND CHINA
Issued & Fully Paid-Up $90,000,000 Incorporated by Royal Charter, 1853
Reserve Funds:
STOCKS
Last Sale
Sterling
Aug. 2
Aug. 2
78
Johnsmanville
65
N.Y. COTTON
Ɔn Shanghai:---
Closing Ranges Changes
Alleghany Steel Co. Allis Chalmers .. Amer. Can
24**
Kennecott Copper
38
Proprietors
6,500,000 Faid-Up Capital H.K. Currency Reserve $10,000,000 Reserve Fund Reserve Liability of
£3,000,000 £3,000,000
$20,000,000
Reserve Liability of Pro
prietors
$3,000,000
30
| Labbey-Owens-Ford
Class
20
Bead Office: HONG KONG
281
Lockheed Aircraft
*282
Oct.
16.95/95
72 up
Dec.
17.12/12
14 up
Jun
17.11 N
74 up
Mar.
17.28/26
.81 up
May
17.22/27
78 up
July
17.18/20
74 up
Friday's sales:-189,700 bales. CHICAGO WHEAT-
H.K. Stock
Exchange
Saturday, Aug. 2
BUYERS
On demand
460
American Cyanamid B.
391
Loew's Inc.
331
Ja Singapore:-
Amer. & Foreign Power
Martin, Glen L. Co.
292
On demand
02 3/4
Amer & Foreign $7 pt.
231
Montgomery Ward
343
Board of Directors i Hon, Mr. J. J. Paterson,
On Japan:-
Amer, Locomotive Co.
{National Aviation
On demand
102 1/4
W. H. Lock, Esq.,
Amer, Metala
191
Nat, Dairy Producta
148
O India:
Deputy Chairman
Amer. Radiator
62
National Distillers ....
224
Telegraphic Transfer. and demand
82 0/8
Amer. Rolling Mill
15
Nat, Fower & Light
54
J. K. Bousfield, Esq.,
Amer. 8'ting and Wing Co.
National Supply Corp.
78.
A. H. Cumpton, Esq..
Sept.
Der
1081/(082 11111111
24 up
24 up
HIK Govt 34% Loan 1934. 94,50 HK Govt. 34% Loan 1940, 9450 Canton Ins., $225.
In New York:-
Amer. Sugar Refining
19
New York Central
134
L. J. Davios, Eaq.,
Bank Billa, on demand 24 15/16 Credits, 60 days sight 26 hj8
Amer. Tel, & Tel.
Hon. Mr. S. H. Dodwell.
1548
Niagara Hudson Power
21
Amer. Tobacco "B"
73
N. American Aviation
16
G. Miskin, Esq.,
May
1134/118
3 up
H.K. Fire Ins., $185
OD Batavia:---
Amer. Waterworks
41
North American Co. (New)
131
K. S. Morrison, Esq.,
Friday's sales:
11,233,000
Providents. $5.75.
On demand
.... 46 3/4
Anaconda Copper
281
Hon. Mr. T. E. Pearce,
Northern Pacific
34
bushels.
Trama $17.
On Paris:-
CHICAGO CORN:
Sept
762/762
1
up
Dec
793/790
i
up
Ropes, $8.30
May
82ja
up
Lights (Old), $5.85
Electrics (New), $21
SELLERS
Bank Bills, on demand Nom. Credits 4 months' sight Nom.
Atchison, T. & §, Fe.
292
Packard Motors
31
Hon. Mr. A. L. Shields,
Aviation Corp.
31
¡Paramount Pictures
134
Hon. Sir Vandeleur M. Gruyburn,
Baldwin Locomotive Co.
15
Pennsylvania R.R.
242+
On Saigon:—
Sure & Ohi
5
On demand
----- 107 1/2
Philips Petroleum
451
Branches:
Barnsdall Onl
97
Pullman Inc.....
281
NEW YORK LARD:
Jo Manils:-
Bendix Aviation
384
Sept
10.17:
.17 up
Providents $6
Pure O
93
Amoy
On demand
49 7/8
Dee.
10,50b
.20 up
Hotels, $3.40.
Bethlehem "Steel
75
On Bangkok:---
Radio Corpn. of Am.
44
Bangkok
Johore Kobe
Rangoon Saigon
N.Y, London Cross Rete
4.03-1/2
Lands, $34:75
Ropes, $8,80.
Bayer Bellar
Nominal Sales
Buyer Bellore Bu
$1316 X.D.
$131
H.K. Banks
276
£72
Do. (Lon. Reg.)
£8ţ
Chartes d Banke
223
Mercantile Вk». “A”
£11)
Bank of East Asia.
Borcantile Bk. "0".
$226
*NT
$406
$1an
: :
#
$120
Tuplanes
BH
490741
$6.6
Waterbosta
801
954
$101
B17
17.30
$5.85 $6.10
$82
32%
+
$21
$10.90
$10,90
$18.50
#
#:
$8.30 $8.60
Sab X.Int. #08
$30
$25
$1430] $142
201
4044
LAR
$10
$102
***uuremugu
Hong King Minos
Lands, Hotels and
13/R
B8
(ube
8 ots
$3.20
$3.40
***
H. & 8. Hotels.
834
8344
HT
3074
Buildings
H.K. Lands..........
Do. 4 Debanturs...
$17.4 Shangha. Lands.......
83.3
H.K. Realties....
tłumphreys
Chinese states.
Cotton Mil«
$36) Ewo (5.1 $305
S'haf Cottone (8.)... Zoong Singe (8.7...... Wing On Textiles-(8.
Public Utilities H.K. Tramways................. Peak Trums (old)....
Peak Trams (now).;
Star Ferries.................................
I'mati Ferries...........
Chine Lights (0)......)) $3.75
$1.20 China Lights (New)... XRta. H. K. Electrics (Oldi.
1. K. letrica(Now)... H.K. Electrio (Rts.)
My Electrica
Mnono Electrics
#12 Bandakan Lights...
Telephones (old)...................... Tolaphones (new)ision
Industrials
Cald., Macg. (Ord.) B.
Cald., Mueg. (Prof.)8
$75
N. C. & R. Banks..
Insurances
Canton Insurances.
Unson lastUKM DOËN.......
H.K. Fires.
Shipping
Steamboats
59 Indo-Chinas (Prof.).
$70 Indo-China (Def.)
Docks, Wharves
Godowns, etc.
E.K. & K. Wharves Providents
$18.7.K. Docks (Old)...
A.K. Docks (New)..
$261 | +Shanghai Docks..........
Kailara
Mining
20000011
X.D 81316
LONDON METALS
Tin.
EXCHANGE
London, Ang i (Reuter)
Standard,
Price, £256-1/2.
Cash, Middle
Tin, Standard, 3 Months, Middle Price. £259-7/8.
Market dull and very idle awatt-
Mig for possible Washington ac-: tion
HONGKONG
STOCK EXCHANGE,
Trama, $17.30,
Lights (Old), $0.
Electrics "O" X. Ris $22,26 Macao Electrics, $18.60.
Cements, $14,75
Dairy Farms, $19.26.
Marsmans Inv. (H.K.), $1 -74.
SALES
Hotels, $3.20 Lights (Old), $5.80.
Electrics (New), $21
Market Report
FROM ROZA RKOS,
Saturday Aug 2 Silver prices dropped 1/16 yes- terday for both deliveries. the quotations remaining at 23.7/16 for both Ready and Forward, 11. ver advices reported a quiet mar- ket.
American Silver was quoted
SHARE QUOTATIONS at 34.3,4 for Spot.
SHAREBROKERS' ASSOCIATION
SATURDAY
2 AUGUST.
Banks
Do. (Col, Reg.)...
The London-New York Cross
New rate was quoted at 402.1/2. York-London Was quoted at 1403.1/2.
MARKET
Carmela Gus & Mec, Commercial Credit Co. Com, & Southern (Ord.) Consolidated Edison Co. Consolidated Oil Copperweld Steel Curtiss Wright (C)
On demana
149 1/2
Bliss & Co., E.W. (com.)
160
Reading Company,
Com
182
Batavia
Kowloon
Son
Boeing Airplane Co.
184
On Sterling Notes:-
Remington Arms Co., Inc.
***
Bombay
Kuala
Francisco
Calcutta
Bank Buying Rate Bar Silver per ok
Nom.
Borg-Warner
198
Republic Aviation Corp...
34
Lampur Shanghai
Canton
Briggs Mfg. Co.
194
23 7/16
Republic Steel
20
Chefoo
Lyons
Budd M'facturing Corp.
41%
Reynold Tobac
"B"
328
Colombo
Malacca Sungei
Canadian Pacifo
В
Schenley Distillers
14
Dairen
Manila
Celanese Corp.
287
Shell Unton Oil
15
Foochow
Muar
Chesapeake & Ohio Chrysler
38
Socony-Vacunum Of
01
Haiphong
-
562
Southern Pacific
144
Hankow
Harbin
3
Southern Rly $5 pła.
318
floilo
241
Spicer Manufacturing Co. 37%*
Priping
Ipob
7.16
Standard Branda
54
19
Standard Gas & Elec.
178*
Bà
Standard Ol of NJ.
16)
Studebaker Com,
91
Swift International
221
Distillers Corp. (Seagrams)
16
Technicolor
Douglas Aircraft
74
Texas Corpn.
Du Pont de Nemcurs
158)
Trans-America Co.
41
Eagle Picher Lead
94
20th Cent. Fox Film, Com.
73
various sizes to lat.
Elec. Autolite Co.
20
Unton Bag & Paper Corp.
11
Elec Bond, Share.........
24
Union Pacific
82
basiness undertaken.
Quiet.
Elec. Bond & Share $5 pt.
490*
United Aircraft
41
S'TERLING
Elec. Bond & Share 56 pr.
644*
United Airlines Trans
11
£76
£71
Eat
£234
Sellers at 1/3 up to October buyers at 1/3.1/32 for Cash.
V. S. DOLLARS
Elec. Power & Light #7 pf.
341*
United Corpn.
#
Mintkote
148
United Corpn. $3 cum pf.
237
Chen.. Electric
£11 876
17 et
Underwriters
$226 8460
75 ota
$180
$120
::
800 870
48/44
261
$90
....
Nominal. Authorised Banka will buy at 25.5/16 for Spot and sell to Merchants at 25.1/16 up to Sep- tember.
SHANGHAI DOLLARS Nominal at 470.
SHANGHAI-MARKET
Sterling opened with seller at 3.3/32 for Spot and last rate re- 88.40 Ceived reported sellers at 3.7/64
Dollars for Spot, US
opened with sellers at 5.3/18. The lasti rate received reported sellers at 5.7/32 for Spot.
Shanghai Exchange
Shanghai. Aug. 2 (Reuter).
Official T.T. Bates
Low Dow Jones Averages 133.60 115.30 30 Industrials
Rails 30.88 26.64 20
Utilities 20.66. 17.22 15
Bonds 92.1989.68 40 77.48 56.45 11
Den Motors.
Gen. Railway Signal
Gen. Tire & Rubber...... Goodrich (B.F.)
Goodyear Tire & Rubber...
Great Northern Iron Ore
Great Northern Rly, pfd.
Great Western Sugar ................
Inter. Nickel ........
Inter. Paper & Power
Int. Tel. & Tel (Fon Is.)
1841
High
I.B.
Business Done-860,000 shares
LONDON STOCK EXCHANGE
Continued from Page 9
BANK OF EAST ASIA, LIMITED
& SHANGHAI BANKING COR-Authorised Capital $10,000,000.00 PORATION. Rules may be ob: Paid-Up Capital 5,598,800.00 tained on application.
For the HONGKONG & SHANGHAI Profits
V. M. GRAYBURN,
Chief Manager.
Hong Kong, 28th Feb., 1839.
THE CHASE BANK,
Head Office: HONG KONG No. 10 Des Voeux Road; Central
Board of Directora :
HON. SIB SHOUSON CHow, Chairman Li Koon Olan Esq.
18, QUEEN'S ROAD. CENTRALK Kwok, Esq.
18, PINE STILEET,
Li Lan Bang. Fag
KAN TONG Po, Esq, Chief Fanager How. Mr. Li TSE FONO, Manager.
NEW YORK. Au American Bank offering com-
plete Foreign Banking Service amo in the principal Markets of the Bat world.
SAFE DEPOSIT SOXES
A
Branches and Agencies:
Kowloon Penanc Singapore London
Hangoon Honrabaya
Brutow Bulgon
Melbourus - Bari Bessi Bydney
Dombay
Manila
Calonlin
Haiphong
Nagasaka
tisen Lantin
Haykow
Na York
elle
Yoncoaret
Pariv
Hemaran
Kobe
Felping
Shangha
This Bank is a subsidiary of The Chase National Bank, New York, with Resources of over granted on approved securities
Every description of Banking azid Exchange business transacted. Loans
#5.70 $10
$204
13/8 @7.80
London
New York
Japan
Opening
0/3-1/10 6-1/8 unquoted
Inda
17
Paris
12.15
Hongkong
nominal 20-1/4
Tientain-Pukow Rly. 5%
$341
Sterling
8971
Bellers
$1.30
$0.80
Spot
Aug.
$38+ Spot
Opening Closing 0/3-7/64 0/3-3/32 9/3-3/32 0/3-7/64 0.8. Dollars
$5-3/16
(Ger. Stpd. Bupl. Loan) 12 Jep, 6% Ster. Loan, 1924 23-234 Ger. 7% Intl Loan, 1924
42
Union Insurance Gula Kalumpong Rubber 15 Lon., Mid, & Scot., Riy. 15 Great Western Rly.
22
38
Chartered Bank
87
National Bank of India. 314
$305 Aug.
6-3/16
$125
HK & 8ha! Banking
Corp. (Lan, Reg.) HK. & 8'hat Banking
Corp. (Col. Reg.)...... 75 Chinese Eng, & Mining
B.-A, Tob. (bearer)
85/-
72
Dunlop Rubber
35/71
12th June 1942.
Bristol Aeroplane
11/-
Imperial Chemical Ind: 31/10
United Btee]
23/8
The
$16.00
(bearer) Chosen Corporation...... 4/-. Mercantile Bank of In
die, 25, " Pekin Syndicate
13/0
Woolworths
55/6
Marsman Investments
5/7
Western Holdings
16/0
111
Sub-Nigel
1/-
Shell Trans.
*Trad.
B'hal Elec, Constr. Co,
Bhai Waterworks "A"
15/- 15
49/41
ex. dr.
85-7/32 5-7/32 Market:-Quiet but steady.
Silver Duty Rate
Central Bank of China's
rate on Lordon at 10 am, today was 1/2-1/2d.
The Equalisation rate was 24-1/4
$28.60 per cent.
⠀⠀⠀⠀ ⠀ ⠀ ⠀ ⠀⠀⠀
$5.85
$1.20
$11
39
India Rupee Paper
Bombay, Aug, 2 (Reuter).
Govt. 31% Rupee,, 96-0-0.
RESERVE BANK OF
INDIA STATEMENT
Calcutta, July 30 (Router).
In circulation
July 18 July 25
ing, Department)... 29,164 29,217
97,Rupee Cain Bullion
in India
3,701 3,764
Gold Coin and Bul-
ion in India...... 4,441 4,441
Securitics (Indian
Noteb
Canton IceS.
Ft ots
(including Notes
ements
$14,65
held in the Bank-
1.K. Ropes
88,20
H.K. Govt. Loans
45% Lond
101%
-
81%
***
(1940)..
Miscellaneous
Dairy Farms
Entertainmenta Naman
$1.80 Constructions (old)...
80 cla. Constructions (new).....
10.40 Lane Crawforda........
Nanyang Tobac
Sinceras
Ch. G., 19250 $10K.
21.K. Wing On comme
B'ha Wing On
#7,90 | Vibro Piling dung
Marytonas - Inv. ([son)}} Moratakus Inv. (11.)}
Wm. Powells....... N.A. Chemicala (EK) '48als to Shanghai |
(1994).
04
.Ī་
Mmm 21:0
$1.00
Government) Securities (British
$0.40
$2.05
$10.08
$104
PROJ
FEI
아
8,840 8,468
Government) 12,164 12,184
(Figures in Lakhs Rupees)
SILVER MARKET
BOMBAY SILVER
Bombay, Aug. 2 (Rputor).
Market-Qulet. Ontake Go barə Indian. Alint Blver
Ready! *. 02-14-0
Aug. 18 Bettlement.. 82-14-0 Bept. 17 Bettlement 02-15-0
(bearer)
bid.
141/3
1.8.8.3,800,000,000.
D. L. BALLANTYNE,
Current Accounts opened in Local Currency and Fixed Deposits re- Manager.ceived for one year or shorter periods in Local and Foreign Cur- rencies on terras which will be quoted on application.
WANT ADS are Seen!
INDO-CHINA
STEAM NAVIGATION COMPANY LTD
Operating Services for Gango and Passengers
TO
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
BINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All stesinors berth alongside the Roosevelt Terminal in the French Concession nt Shanghai, whore "passongere and cargo aro lauded.
For further particulars
plosse apply to
JARDINE MATHESON&Co.,Lt
SAFE DEPOSIT BOXES TO Luck.
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 ALL OVER CHINA) Owing to our numerous Branches in China and connections in the principal Commercial Contres of the World, we are able to extend to our Cliente special facilities for Domestic and Foreign Banking and Exchange,
Head Office-SHANGHAI Hong Kong Branch:
4, QUEEN'S ROAD. O, Long, South China Offices:
CANTON
SWATOW
SHIUCHOW
KONGMOON TOIBHAN KINGCHOW
We also handle the issue of Bonds nd other Publie Funds of the Chlatus Govoratuent both at Home Find" Abroad (
AHOU J. CHEN,
Manage
32
United Gas Improvement 79
Chairman
Chief Manager.
HEAD OFFICE: LONDON: 39, Rishopsgate E.C.2. Sub-Agencies In London: 117/122, Leadenhall Street, E.C.3. West End Branch: 14/16, Cockspur Street, S.W.1. Manchester Branch:
52, Mosley Street, Manchester, 2
ALOR STAR
AGENCIES AND BRANCHES:
PRNAND HONG KONG ILOILO
RANGOON
IPOH
SAIGON
KARAOUL
KLANG
AGENCIES: KUALA
_OLAYI STRIES LUMPUR
RARLI FADE
CANTON
London Singapore HANKOW
Sourabaya
Patani Swatow
(Johore) Tientsin Mukden
Tokyo
New York Tsingtao
Yokohams
Penang
year or
CURRENT ACCOUNTS opened in LOCAL CURIENDY and FIXED DE POSITS received for one shorter periods in Local and other Currencies on terms which will be
quoted on application.
MADRAS
MANILA
MEDAN NEW YORK PEIPING
(Paking)
SEREMBAN SHANGHAI SINGAPORE
SITIAWAN
BOURABAYA
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSIT received for Ona Year or shorter perioda in Local er Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNT also opened in Local Currency and Sterling with interest allowed at rates obtainable on application.
The Bank's Head Office in London
undertakes Executor and Trustee business, and claims recovery of British Income Tax overpaid, on
SAFE DEPOSIT BOXES of terms which may be ascertained at
any of the Agencies and Branches
W. H. EVANS THOMAS,
Manager.
TRUSTEE and · EXECUTOR
Hongkong, 28th July, 1941.
HONGKONG SAVINGS
BANK
AMRITSAR
BANGSOK
BATAVIA
BOMBAY
CALCUTTA
ROKE
KUCHING
CAWNPORK CKBU COLOMBO DELHI HAIPHONG
TAIPING!
TIENTSIN
TONGKAH
(Bhuket)
TSINGTAO
YOKOHAMA
381
243
U.S. Rubber .........
*141*
The Business of the above Bank
UA. Steel
687
is conducted by the HONGKONG
13
Vanadium
*26*
19
Vultee Atrerais
71
194*
Walworth Co.
55
17
Warner Bros. Pict.
5
......
Reservs and Undivided
2,983,261.50
272
Westinghouse Elec,
021*
BANKING CORPORATION.
274*
Woodward Iron Cor.
272
257
Chase National Bank
311
174
National City Bank
272
20
Libby, McNeil
DOW JONES AVERAGE
Aug. 1, High Low Close 128.92 30,28
Aug. 2, 1941.
Change
Wong Chu Son, Esq
Wongun Torg, Esq.
Fung Ping Wah Esq.
128.60 128.08 129.21
.01 of
..30.94 30.71 30.78
.12 of
HEAD OFFICE:
18.68 91.58
18,50 18.61
18.69 91.03
.05 up
,06 ap
Commodity Index 76.84