New York. Aug 4

Pres

High

Low

Olose

Change

New York Cotton, Oct.

16.95

17.14

14.82

New York Rubber, Sept. Chicago Wheat, Sept. Chicago Corn. Sept

N.Y. COTTON

22 400 22 60

22.55

10.82 22,50b 10 up

13 DIT

1003

764

N.Y

1121 1992 1112 3

778

761 771

14

up

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

N.Y. Commodity Market

(REUTER'S SERVICE)

MONEY AND

EXCHANGE

CLOSING QUOTATIONS

AUGUST 5. 1941.

in London:---

Telegraphic Transfer, 1/8 7/8 Bank Bills, on demand 1/2 7/8 Credits 4 months' sight

NEW YORK STOCK EXCHANGE

QUOTATION

(RFUTER'S SERVICE)

AUGUST 5, 1941.

STOCKS

Last Sale

STOCKS

Lasi, Sale

Aug. 4

Aug 4

Adams Express

74

Alleghany Steel Co.

24A

Allis Chalmers

204

Johnsmanville

Kennecott Copper Libbey-Owens-Ford

65*

WEDNESDAY, AUGUST 6.

BANKS

1941.

HONGKONG & SHANGHAI THE CHARTEREÐ BANK OF

BANKING CORPORATION

INDIA, AUSTRALIA

Authorised Capital. $60,000,000-

AND CHINA -

Reserve Funds Sterling

Issued & Fully Paid-Up $20,000,000 Ineurparated by Bayal Charter, 1863

£6,500,000 Paid Up Capital H.K. Currency Reserve $10,000,000 | Reserve Fund Reserve Liability of

Proprietors

$20,000,000

388

Reserv: Liability of Pro-

prietors

£3,000,000 £3,000,000

£3,000,000

Ginsa

281

Head Office. HONG KONG

in Shanghalian

COTTONSEED OIL:

Amer. Can

68

Lockheed Aircraft

291

Closing Ranges Changes

Closing Ranges Change

On demand

400

American Cyanamid B

1.

Loew's Inc

338

Board of Directors:

Oct

10.8282/82

13 of

Sept

11,85b/90a

19 up

Jo Singapore:---

Amer. & Foreign Power

8

Martin, Glen L. Co.

29)

On demand

Hon. Mr. J. J. Paterson,

62 3/4

Dec

17.00/02

12 off Dec

11.59:59

13 up

In Japan:-

Jan

17 04 N

.10 off

N.Y, SUGAR No. 3:

Amer & Foreign $7 pf. Amer, Locomotive Co.

231

Montgomery Ward

340

Charman

141

National Aviation

91

W. Lock, Exty.

On demand

102 1/4

Mar

17 15/17

11 off

Sept

2.68b/69u

01 up

Amer, Metals

194

Nat, Dairy Products

144

Deputy 'hurman

In India:-

Muy

17.15/17

07 off

Jan

2.70b. 718

02 up

imer. Radiator

54

National Distillers

224

Ju'y

17 10/10

Dy off

Business done -149 Ints

Telegraphic

Transfer

J. K. Bousfeld, Esq..

mer. Rolling Mill

15

Nat Fower & Light

དྷྭ་

Saturday's sales

177,900

bales

N.Y. SUGAR No 4:

Sept

1586 580

UN

N.Y. RUBBER:

LAC

1.64b.64дa

To up

Bipi

Mur

22 Sub/558

10 up

May

1 740 744

22.00b/25a

unch

Business done:

707 lots

20.40b

and demand

Jo New York :---

Bank Billa, on demand 24 10/10 Credius, 60 days sight 26 6/8 Batavia:---

On demand

A H. Compton, Esq.

Amer. 'ting and R'ing Co.

434

National Supply Corp

7#

L. J. Davies, Esq,

imer Sugar Refining

New York Central

13

Hon Mr. S

H Dodwest.

!mer. Tei, & Tel.

1548

Niagara Hudson Power

22

Miskin, «.

Amer. Tobacco "B"

71

N. American Aviation

17

K. S. Morrison. Esq.

Amer. Waterworks

44

North American Co. (New)

13

Hon Mr T E. Praro,

.... 4 3/4

NEW YORK COCOA

Anaconda Copper

29

Srthern Partic

Hon. Me A 1. Shirlde,

On Paris:

Dec

NEW YORK BIDES:

Total sales -7 lots

11 45b/63 a

05 11

Sept Dec

7.55 N 7.67/67

44 up

Bank Bills on demand Nom. Credits 4 months' sight Nom.

Alchison, T. & 9 Fe.

293

Packard Motors

3.

Aviation Corp.

#

Paramount Pictures

13

Dec

CHICAGO WHEAT·

NY. WOOL GREASE

NY Official Silver

Baldwin Locomotive Co.

157

ensylvanila R.R

248

De Saigon:-

93.2b94a

unch

Baltumore & Ohly

tps Petroleum

451

On demand

108

Branches:

34 3/4

Barnsdall Ou

Pullman Jac

28

20 Manila:-

Sept

Der

1112/114

1148/114)

3

D

NY Landon Cress Rat

unrec

Bendix Aviation

38

On demand

49 7/H

Fure Ou

97

Amey

31 up

Bethlehem Steel

744

Fadlu Corpa, of Am.

Bangkok

Johure Kobe

4)

May

Saturday's

116 117

sales

3A up |

busliels.

CHICAGO CORN

Sept

Dec

Maty

11

NEW YORK LARD: Sept

N.Y. BLACK PEPPER:

t8ub97a Sept

6 026 0

774,771

$

up

1237835

' up Total as $10.504,000 啻 upInvestments

18 142.000

10:34

13 up

10 52

(2 up

Ready

18

Aug 18 Settlement

13 ON

Sept 17 Selement

62.31 0 62 13.0 62 14-8

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE

SHAREBROKERS·

ASSOCIATION

19.204.000 FEDERAL RESERVE

RETURNS

New York, Aug 4 Reuter+

July 29 July 22

$10,572.00G

18.199.000 Market Report

SILVER MARKET

Indian Mint Silver

FROM ROZA BROS.

Tuesday, August 5. Sliver prices were unchanged over the holidays, the quotations re maining at 23.7/16 for both Ready and Forward. American Silver was quoted at 34.3/4 for Spot.

The

York London, New rate was quoted at 402.1/2.

gunted York London was

Jn Bangkok - -

Batavia

Kowloon

On demana

#49 1/2

Bliss & Co., E.W. (com.)

161

Reading Company,

Comi

18

Bombay

Kuala

Boeing Airplane Co.

18A

On Sterling Notes:-

Remington Arms Co., Inc.

44

Calcutta

Bank Buying Rate Bar Bilver pêr oz

Noo

Borg-Warner

191

Republic Aviation Corp

31

Canton

Lumpur Louder

23 7:16

Briggs Mig. Co.

191

"public Steel

191

Chefoo

Lyons

Budd M'facturing or

Reynold Tobac

"B"

324

Colombo

Malacca

Canadian Pacific

51

Schenley Distillers

141

Dairen

Manila

Celanese Corp.

281

Shell Waton Oll

15

Foochow

Muur

Chesapeake & Ohlo Chrysler

381

Socony-Vacunum Of

10

Haiphong

Hankow

562

Southern Pacific

14)

Harbin

Columbia Gas & Elec

J

Southern Rly $5 pfd.

31

Boile

Priping

Commercial Credit Co. Com & Southern (Ord, Consolidated Edison Co.

241

Epteer Manufacturing Co

37-

Ipot

Standard Brands

52

19

Standard Gas & Elec.

178*

Consolidated Oli

61

Standard Oll of N.J.

441

Copperwald Steel

18

Studebaker Com

04

Cross-

Uurtiss Wright (C)

94

Swift International

223

New

Distillers Corp. (Seagrams)

15

Jechnicalor

91

at

Douglas Aircraft

742

Texas Corpn.

43

403.)/2.

Du Pont de Nemours

1588

Trans-America Co

41

MARKET

Eagle Picher Lead...

9**

TUESDAY

20th Cent, Fox Film, Com.

71

THUSTEE And

Bayer

Bailore

Halo-

Nomina

Внулу

Bebera Sal

uminio

5 AUGUST.

Banks

Quiet

Elec. Autolite Co.

281

Union Bag & Prper Corp

118

lausiness undertaken.

Hon. Sa Vandeleur M. Grayburn, 1

ther! Manager.

Rangoon Saigon Kan

HEAD OFFICE: LONDON: 38, Bishopsgate E.C.2. Sub-Agencies In London: 17. Leadenhall Street, E.0.8. West End Branch: 1416, Cockapur Street, 8.W.1. Manchester Briach: 52, Musley Street, Manchester, 2

AGENCIES AND BRANCHES:

HONO KUNG PENANG

LAILA

ALUR STAR AMRITSAR

| BANGKITK

DA PAVIA

HUMBAY

PAK BACK

CANTON CAWNPOUK

BU

(COLOMBO

Francisco ELSE E Shanghai Singapore Sourabaya Sungei

Patani

Swałow

(Johore) Tientsin Mukden Takyo

New York

Persug

Thingtoo

Yokohama

HANKOW

JPOK

KARACHI KLANG

KOHE

CALA

LUMPUR

RUTHINA MADRAS

MANILA

MEDAN

NEW F

PEPING

l'eking!

SOURABAYA

TAIPING

TONGKAR

TSINGTAO YUKONAMA

HOREN ExeнANGR and General Banking Business transacted,

CURRENT

ACVENTS oponed and FIXED DEPUsime received for Ona Year or shorter perioda in Local or Other Currencies at rates which will be quoted on application.

SAVINGS ACCOUNT also opened in Lawal Currency and Sterling with CORRION F ACTIENTS opened in interest allowed at rates obtainable LOCAL CORRENCY and FixED DE on application. Parts received for one year or shorter periods in Loen! and other Carrancies on Lerms which will be

quoted on application.

SAFE DEPOSIT BOXES

rious Bizen to t

The Bank's Head Office in London

undertakes Executor and Trustee usinese, and claime recovery of British Income Tax overpaid, on of Lerns which may be ascertained at any of the Agencies and Branches

W. H. EVANS THOMAS,

Manager.

EXECUTOR:

KANGOON

SALOON

SPREMDAN

SHANGHAI

| CALCUTTA

AGENCIES

SINGAPORE*

SITIAWAN

VENTSIN

(Bhuket)

HAIPHONG

STERLING

Elec Bond & Share

28

Union Pacific

82

Hongkong. 28th July. 1041

X.D.

#13151.K. Banka

X.D

$131.

$7

[30 (Col. Reg)

There were sellers at 1/3 up to October buyers at 1/3.1/32 for Cash

Elec. Bend & Share $5 pt.

491*

United Aircraft

43A

Elec Bond & Share $6 pr.

50

United Airlines Trans

112

£:2

Ila. (Lon. Reg.)

*BL

hurto ad Banks

£72 Lot

£237

Mercantile ka. "A".

$225

9406

31

$180

Phi

$120

Pref.}...

$70

Fado China Det.1

$0.4

$6.6% Waterboate

Docks, Wharves,

$R1

*61

K&K. Wharves Providenta

Underwriters

Steamboate

#11 Mercantile Bka. "C".

$76

Bank of East Asik

N C. & S. Banks.

Insurances

tou InsuraK08......

'n TheTANCES

B.K. Pires.

Shipping

Dopplanon

Judo Chinas

£u

£231 Nominal

U. S. DOLLARS

Authorised Banks will buy at 25.5/16 for Spot and sell

Elec. Power & Light $7 pf. Funtkote

34"

United Corpn.

#

151

United Corpn. $3 cum pt.

24

Gen. Electric

313

United Gas Improvement

Gen. Motors

301

US. Rubber

$76

to

at 23.1/16 up Merchants

to

Gen. Railway Signal

143*

US, Steel

17 ch

September.

Gen. Tire & Rubber

133

Vanadium

SHANGHAI DOLLARS

Goodrich (B.F.)

193

Vultee Atreraft

0910

Merchant rate 474.

Goodyear Tire & Rubber...

101

Walworth Co.

$400

75 cts.

$185

Sterling opened with sellers at

$190 88.10

$9

$70

49/46

$4 Quiet

Godowns, etc.

1

$284

113/6

89

$3.9%)

$3 20

|$45,70 | ILK. Docks (d)

H.K. Docks (New)

Shanghai Docks

Kailans

Raube

Mining

2 ota, Hong Kong Blanes

Lands, Hotels and

Buildings

1.8. & S. Hotel

R34.60.K. Lands.........

1971

Do 4% Dobentures

$17.40 Shangbu: Landa.

$3.30 it. Realties

87

$101

838

$305

i1umphreys

Chiuose Estates.

Cotton Mills Ewe (8.) ..................

'bai Coltona (8.). Zoong Sings (8.)...

#5) $15,60

#B

www

%!

$90

$264

late

Nominal.

Wing On Textiles 8.

Public Utilities

$10,00 X.D.

H.K. Tramways.......

B18.9

$7

look Trams (old)....

876

Peak Trabu (naw).......

London

8533

Star Forrion..

853

New York

$22

Y'mati Ferries

$6.80 $8.10 $90

X.Rts.

123

$10,90

China Lights (0), $1.30 China Lights (Naw). 822}. K. Bootrics (Oldi..

|H.K, Vindriqej Now)

II.K. Electric (Ris)

$22.00 $5.26 $1,30

Japan

India

X.R.

$411

$21

#11

$18.40 11 Electrics

seno Electries

$124

lukan Light......

823

Telephours jold)...........

€23

201

Telejdernes (new).

89

Industrials

$30

Cold Morg. (Ord.) B.

$20

Cokl. Maeg. (Prof.}E

11

Canton Tea

75 ata.

$141

$9.30 $8.00

Cements

H.K. Ropes

$14,65 $8.20

TO-

B06X. Int

B04

4% Loan

8941

H.K. Govi Lonas

33% 181%

(2034)

(1940).

Miscellaneous

and TIENTSIN

974/ 04

KOBE and OSAKA

Parle

Hongkong

13.15

$34

}

at 3.3/32

Sterling

Opening Cloding

5.3:18 both sellers for Spol.

Last

0/3-5/84

$9.30 $0.80

***

advices reported sellers of Sterling at 3.5/84 and U. S. Dollars at 5.6/32 for Spot

Aug.

0/3-7/64

0/3-5/64

Sept

0/9-7/64

0/3-5/54

U.S. Dotlars

8386

Spot

$5-7/32

$300

Aug

5-7/32

Sept. 5-7/32

$5-5/92 5-5/32 5-5/32

$125

Market:Qulet.

SHANGHAI MARKET

3.7/64 and closed at 3.3/32 for Spot. U. S. Dollars opened with sellers at 5.7/32 and closed at 5.3/16 for Spot.

AFTERNOON MARKET

STERLING

The market closed with sellers

ut 1/3 up to October, buyers al 1/3.1/32 for Cash.

U. S. DOLLARS

Authorised Banks will bay at 25.5/16 for Spot and sell

t Merchants at 25.1/18 up to

$7.80 September.

BUT

SHANGHAI DOLLARS

Merchant rate 474.

SHANGHAI MARKET

Sterling opened in the afternoon and U S. Dollars at

20.8 26.54 20 20.65 17.22 10 92.19 89.66 #0 77.48 85,45 11

Raile Utilities

Bonds

Great Northern Iron Ore

174

Warner Bros. Plet

Great Northern Rly, pid

271

Westinghouse Elec.

Great Western Sugar Inter. Nickel

21

Woodward Iron Cor.

274

Chase National Bank

Inter. Paper & Power

177

National City Bank

Int. Tel & Tel. (Fon 19.)

28

Libby. MeNell

DOW JONES AVERAGE

1941

High Low Dow Jones Averages

Industriale 133.60 116.20 30

Aug. 5, 1841. Aug. 2, High Low Close

128.21

128.54 127.81 128.17

30.70

30.83

18.68

18.6

91.63

Commodity Index

76.64

Shanghai Exchange

Shanghal. Aug. 5 (Reuter).

Official T.T. Hates

Bellers

Spot... 0/3-7/64

Silver Duty Rate

nomidei 20-1/4

2.04 up Business Bone:-630,000 shares

Calcutta Exchange

Calcutta, Aug. 4 (Reuter,. T.T. on Japan, unquoted.

India Rupee Paper Bombay, Aug. 4 Govt. 34% Rupee. 98-0-0.

(Reuter).

in The value of farm capital Canada at June 1, 1040. totalled with $4,481,715,000 as compared $4,496,668,000 at June 1, 1939. The items included in the term "Farm buildings, The Central Bank of China's Capital" are land and

In- and machinery rate on London at 10 a.m. today implements

cluding motor trucks and automo- was 1/2-1/24.

stock including The Equalisation rate was 24-1/4 btles, and live

poultry and annals on fur farma

Opening

0/3-1/18 5-1/8 unquoted

17

per cent.

BANK OF EAST ASIA, LIMITED

& SHANGHAI BANKING COR-Authorised Capital 19,000,000.00

ob Paid-Up Capijal

Lained on application,

For the HONGKONG & SHANGHAI BANKING Corporation.

V. M. GRAYBURN,

Chief Manager. Hong Kong, 25th Feb., 1939.

THE CHASE BANK

Reserve and Undivided

Profits

2,083,261.60

Head Office:-HONG KONG No. 10 Des Voeux Road, Central

Board of Directors:

HON. SI SHOUSON CHOW, Chairman

L: Koon Chun. Eny,

1B, QUEEN'S ROAD, CENTRAL P. K Kwok, Eng

HEAD OFFICE:

An American Bauk offering con plete Foreign Banking Service in the principal Markets of the world.

SAVE DEPOSIT YOXES

This Bank is a subsidiary of The Chase National Bank, New York, with Resources of over 11.8.4.3,800,000,000.

Manager.

D. L. BALLANTYNE,

19th June 1941.

THE MERCANTILE BANK OF INDIA, LIMITED

Head Office, Gracechurch Street. London, EC.3 Aatherined Ospital

Submerland Capital

Paid-up Capital..

Reserve Fund aud Rest,

Wong Yun Tong, Esq.

Li Lan Sang. Eaq

Wong Chu Son,

Fung Ping Wah Baq.

KAN TONG Po, Esq, Chief Manager HON. MR. L TSE PONG, Manager

Kobe

Branches and Agencies:

kowinan

London

Manila

Kelbourne

Potpur

Pepank Singapurs

Kangun Bourabay

Bagon Bwntow

Ban Pran- Bydney

cisco Fiontaln

Beattie Vatinonver

Semara

Slagal

Every description of Banking and Exchange business transacted. Loans granted on approved securities.

Current Accounts opened in Local Currency and Fixed Deposits re- esived for

one year or shorter periods in Local and Foreign Cur

terms which will be rencies quoted on application.

SAFE DEPOSIT Boxes To LET.

KAN TONG PO,

Chief Manager.

£8,900,00

€1,800,000

€1,080,000

£1,204,577

BANK OF CHINA

HONGKONG SAVINGS

BANK

74

241

The Business of the above Bank

581

is conducted by the HONGKONG

74

PORATION. Rules may

be

5,198,000.00

55

51

932

27"

311

274

Change

.04 of

30.53 30,F0

18 off

18.06 18.60

.09 up

01.01

,12 off

18, PINE STREET,

NEW YORK.

78.68

Batar

Amoy

BORILAJ

Calvatia Haiphong Baukow

Nagasak Now York

Homolain

Parke

601

$10.00 $10.15

Dairy farm. ............ Entertainment

$1.0 Constructions (old)...

100 ots. Constructions (naw)...

$0.40 Lane Crawforda............

Nanyang Tobacco....... Sinceros

Welcome

$18.80

$1.00

$0.45

$10.00

9149

Ch, G.G% 1835G #1}ðu.

+

080

H.K. Wing On

B48

B'hai Wing On................

014

1/7

200

#14

PR

$7.20 Vila Piling

1/7 Marinson Inv, (Lon.)}

Marammans Inv. (H.K.)

Wm. Powell

N.A, Chomionin (UK)]

tale to banglai

INDO-CHINA

STEAM NAVIGATION COMPANY LTD.

Operating Services for Cargo and Passenger

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

SINGAPORE, PENANG and CALCUTTA

SANDAKAN

HAIPHONG

All etcamera borth alongsido

the Roosevelt Terminal in the French Concassion at

Shanghai, where passengers

and cargo are landed.

For further particulars

plaaso apply tea

JARDINE MATHESON&Co.,LTD. TELEPHONE ZOZIL. GENERAL MANAGERS.

BANKERS:

The Bank of England and Midland

Bank, Ltd.

Kaula Trengganu Madn

BRANCHES:

Bangkok

Ipoh

Bontbly

Juttna

Oklentis

Kizantan

Colombo

Kandy

New York Penang

Dalbi

Kanchi

Gaile Hongkong Howrah

Kota Bharu

Kuala Lipis

Kuala Lumpur

Rougeon Blingst

SimJa

Bingapore

HONG KONG BRANCH: Pwory desciption of Banking and Bachange birincke teenmoted,

TRUSTEE AND EXECUTORSHIP

UNDERTAKEN

CURRENT ACCOUNTS opened in Loan Our renor and FIXED DEPOSITS received In Lonat Currency 67ELLING on tode that may bo

erta on myy Heation,

D. BENSON,

Kanigor

WANT-ADS

ane

Quick!

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 Cantres 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, C. ·

South China Officca:

CANTON BWATOW SHIUCHOW

KONGMOON TOISHAN KINGONOW

We also handle the iguo of Bonda and other Public Funds of the Chinese Government both at Ilame and Abroad

BIOU J. CHEN,

Manager.

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