PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
NEW YORK STOCK EXCHANGE
STOCKS
Adams Express
QUOTATION
(REUTER'S SERVICE)
· AUGUST 6, 1941.
STOCKB
MONEY AND EXCHANGE
CLOSING QUOTATIONS
AUGUST 6, 1943.
Last Sale Avg. 6
On London:-
37* Spicer Manufacturing Co.
Telegraphic Transfer. 1/2 7/8 Bank Bille, on demand 1/2 7/8 Credits 4 months' sight
Bank Bills, on demand 24 15/16
Market Report
FROM ROZA BROS,
Wednesday, Aug. 6. Silver prices rose 1/16 yesterday for both deliveries, the quotations being 23.1/2 for both Ready and Forward. Sliver advices reported the market as being steady. Ame- rican Sliver was quoted at 34.3/4 for Spot.
STERLING
N.Y. Commodity Market
(REUTER'S SERVICE)
New York Cotton, Oct. New York Rubber, Sept. Chicago Wheat, Sept. Chicago Com, Sept.
N.Y. COTTON
Monday's sales:--150,700
THURSDAY, AUGUST 7, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
INDIA, AUSTRALIA
Authorised Cupital... $50,000,000 †
AND CHINA
New York, July 6.
Issued & Fully Paid-Up $20,000,000 Incorporated by Royal Charter, 1865 Prev High Low Close Change
Reserve Funds: 16.82 16.79 16.45 10.58
Sterling .23 off
£6,500,000 Paid-Up Capital H.K. Currency Reserve $10,000,000 Reserve Fund 22.50b 22.60 22.58 22.50b unch.
Reservo Liability of 1119 110 1114 2 oft
Proprietors
off
LONDON METALS
EXCHANGE
London. Aug. 5 (Reuter).
Standard.. Cash, Middle 256-5/8.
Tin, Standard, 3 Months, Middle Price £260.
Market steady on better con- sumer demand, which Absorbed early smelter selling. After trad- ing hours, market was unchanged, with no business passing.
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Aug. 5.
The following quotations are the uniddle prices at the close of the market in London. All quotations
are subject to confirmation and no
off responsibility is assumed for errors
in transmission.
A
£3,000,000 £3,000,000
$20,000,000
Reserva 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. Bonsfield, Esq..
A. H. Compton, Esq., L. J. Davies, Esq.,
Hon. Mr. S. H. Dodwell,
G. Miskin, Exy..
K. S. Morrison, Esq.,
Hon. Mr. T. E. Pearce,
Hon. Mr. A. L. Shields. Hon. Six Vandeleur M. Grayburn,
HEAD OFFICE: LONDON: 38, Bishopsgate E.0.2. Sub-Agencies in London: 117/122, Leadenhall Street, E.0.8. West End Branch: 14/16, Cockspur Street, S.W.1. Manchester Brioch: 52, Mosley Street, Manchester, i
AGENCIES AND BRANCHES:
ALUR STAR AMRITSAR BANGKOK BATAVIA
BOMBAY
CALCUTTA
HONG KONG PENANU ILOILO
IPOH
KARACHI
KLANG
KORE
AGENCIES: KUALA CLIPE STAREX FAIRLIK PLACE
London Singapore HANKOW
New York Tsingtao Peiping Yokohama Penang
CURRENT ACCOUNTS opened its LOCAL CURRENCY and FIXED DE
received for one year
POBITS
Or
shorter periods in Local and other
LUMPUR
KUCHING MADRAS
MANILA
MEDAN
NEW YORK
PRIPING
KANGOON
SAIGON
SERENJAN
BUANGHAI
SINGAPORE
SITIAWAN
BOURABAYA
TAIPING TIENTS IN 1NOKAH
(Bhuket) 19INGTAO YOKOHAMA
(Peking) FOREIGN EXCHANGE and General Bauking Busi; ass 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 intereat allowed at rates obtainable OB application.
The Bank's Head Office in London
undertakes Executor and Trustee Currencies on terms which will be business, and claims recovery of
British Income Tax overpaid, ob
SAFE DEPOSIT BOXES of terms which may be ascertained at
EXECUTOR
Hongkong, 28th July, 1941.
HONGKONG SAVINGS
BANK
any of the Agencies and Branches.
W. H. EVANS THOMAS,
Manager.
Last Gale
Aug. 6
71
1117
Alleghany Steel Co.
24
Standard Brands
4
771
773 762 784b
Allis Chalmers
291
Standard Gas & Elec.
183
Ju Shanghai:-
Amer Can
88
Standard Oll of NJ.
434
On demand
465
American Cyanamid B.
40
Studebaker Com
B
Closing Ranges Changes
In Singapore:-
Amer. & Foreign Power
1
Swift International
22
Oct.
16 59/59
23 off
Op demand
52 3/4
Amer
& Foreign $7 pr.
221
Wechnicolor
94
Dec.
16 74:76
.26 off
On Japan:-
Amer, Locomotive Co.
14/
Texas Corp.
44
Jan.
16.76 N
28 off
On demand
... 102 1/4
Amer, Metals
19
Trans-America Co.
41
MaJ.
16 87/89
28 off
Jo India:-
Amer. Radiator
64
20th Cent. Fox Film, Coin.
77
May
16 89/89
.20 off
Telegraphic
Transter.
Amer Rolling Mill
16
Undon Bag & Paper Corp
117
and demand
82 6/8
July
16.84/84.
26 off
TID. Price,
Amer. 8'ling and Ring Co.
431
Unto Pacific
82%
'n New York:----
bales.
Amer Sugar Refining
19
Daltex Aircraft
410
N.T. RUDBER
Amer. Tel Tel.
1632
United Airlines Tans
114
Credits, 60 days
sight 20 6/8
Amer. Tobacco "B"
73
United Corpn.
9/18
Bept.
22 50b/658
unch.
Jo Batavia--
Amer Walfrworks
42
United Corpo. $3
eum pl
24
On demand
..... 443 3/4
Anaconda Copper
281
Cated
Gas Improvement
7
Da Paris:-
Atchison, T. & S. Fe
294
US Rubber
241
Avtation Corp.
34
U.S. Steel
582
Bank Bills, on demand Nom. Credite 4 months' sight Non
Baldwin Locomotive Co.
158
Vanadium
261
Ja Balgon:-
Balticre & Ohlu
41
Vullee Atrernie
78
Dec, Mar.
Tetal sales:-230 tons
NEW YORK HIDES: Dec.
22.20/20 20.30b
20 up 10 off
Chief Manayer.
Un deanand
106
Barnsdal 01
Walworth Co
Manila:
Bendix Aviation:
38
Warner Bros. Pict.
5
On demandi
48 7/8
......... 14 526 53a Total Sales:-13 lots. CHICAGO WHEAT-
.07 up
Branches:
Amoy
Bangkok
Johore Kobe
Bethlehem Stret
74
Westinghouse Elec.
941
Rangoon Saigon
CANTON CAWNPORE CELL
On Bangkok :---
Sept
Bliss & Co., EW. (com.)
171
Woodward Iron Cor.
27
On demana
149 1/2
Dec.
Boeing Airplane Co.
18
Chase National Bank
311
Ja Sterling Notes:-
May
Borg Warner
19A
National City Bank
274
Bank Buying Rate
Now
Briggs Mfg. Co.
101
Libby, MeNell
Bar Sliver per os
23 1/2
Monday's bushels.
1114/111 1143, 1191 117/117
sales: -
3 off
up
Batavia
Kowloon San
COLOMBO
Bombay
Kuala
A up
51,222,900
Calcutta
Lumpur Shanghai
Francisco DELHI
HAIPHONG
Canton
Chefoo
Lyons
Sourabaya
Bidd Macturing Corp
41
Colombo
Malacca
Sungei
Canadian Pacific
11
SPECIAL WEEKLY LIST OF
CHICAGO COEN:
Dairen
Manila
Celanese Corp.
281
CLOSING STOĽK
Sept.
7620
Chesapeake & Ohlo
38
Dec.
Chrysler
58
Alanada Juneau
48
Lay
79 b 821/824
of 介護
Foochow
Buar
Patani Swatow
Haiphong
(Johore) Tientsin
Hankow
Mukden
Tokyo
Harbin
Columbia Qas & Elec
27
American L'mative 37 pr.
931
Commercial Credit Co.
24
Assed Gas & Elec. 5% Pi
Coin & Southern
Ord,
7/16
Allantie Gulf and W PI
384*
Consolidated Edison Co.
19
Atlantic Redning
220
NEW YORK LARD:
Sept
to 12b Dec.
10.45b
£
18 off War Loan, 34% (Red.
floilo Ipoh
07 off
Consolidated Ou
રા
Atlas Corp.
N.Y. BLACK PEPPER:
after 1962) Defence Loan, 3%
Copproved Steel
181*
Auburn Central Mfg. Co.
32
Curtiss Wright (C)
91
Barber Asphalt Corp.
DI
Distillers Corp. (Seagrama
15%
Bath Iron Works
Sept. Dec.
6.23/23 0.33b/368
34 up
Cantop-K'loon Rly. 5%
1042 1002
11
31 up
Chinese 44% Gold Loan
1898 (Brit. Issue)
417
Douglas Aircraft
734
Bellanca Alrcraft
31"
Du Pont de Nemours
159
Callahan Zine & Lead
1A
Eagle Picher Lead
บิ
Case (JI)
79**
York The London New
CTORS- rate was quoted at 402.1/2. New York/London Was quoted at
N.Y, COTTONSEED OIL:
quoted on application.
Sept. Dec.
11.80b/85a
11,51b/548
05 off .08 off
Chinese 6% Gold Bonds.
1925/47
46
various sizes to let
Chin. 4% Anglo-French
Elec. Autolite Co.
29
Cllmax Molybdenum Co.
391
TRUSTEE and
403.1/2.
N.X
SUGAR No. 3:
Loan, 1918
45
Elec Bond & Share
24
Cluett Peabody
30
business undertaken.
MARKET
Ühinese 5% Crisp Loan
Elec, Bond & Share $5 pt.
55
Commercial Solvents
103
Quiet.
Elec Bond & Share $6 pt.
80
Continental Cun........
37
Sept Гать
Elec. Power & Light 87 pi
35+
Continental Onl
25*
Flintkote
15
Corn Products Refring
526
Gen Electric
321
Corn Products 7% Pfd.
179
There were sellers at 1/3 up to October buyers at 1/3.1/32 for Cash.
2 69b/70a 2.73b:74a
Business done:-154 lots.
N.Y. SUGAR No. 4:
.01 up .03 up
1912
30
Chinese 5% Reorg Loan
1913 (Ldn. IS.) Chinese 8% Ster, Notes
38
On Motors
399
Coty Inc.
4*
Sept
Gen. Railway Signal
142*
Coty Int
&
Gen. Tire & Rubber
13$
Curtis Wright Corp “A"
28
104
Deere Co
258
U. S. DOLLARS Nominal. Authorised Banks will buy at 25.5/16 for Spot and sell
25.1/16 to Merchants at
Dec May
up
to
1.611b/62a .034 up 1.674b/68a 034 up 1.77b/771a .03 up Business done:-588 Icts.
1925 (Vickers) Chin. Imperial Rly. 5%
Loun ........
0
55
Honen Rly, 5% 1908
13
Hukuang Rly. 3%, 1011
Goodyear Tire & Rubber
194
Distillers Corp. (Seagrams)
Great Northern Iron Ore
178
Eaton Mfg. Co.
331
September.
NEW YORK COCOA
(L.P. N/Y Issue)
15
Great Northern Rly, pfd.
274
¡Gen. American Trapts,
524
Sept...
Hukyang Rly. 5%. 1911
Great Western Sugar
27*
¡Glidden Co.
167
Nominal 477.
Dec.
7.590
7.710
.04 up
04 up
(German Issue)
13
Lurg Tsing & U Hal
Inter. Nickel .......
271
Goodrich $5 ptr.
70
Rly. 5%, 1913
13
Inter. Paper & Power
177
Great Lakes Dreged
138
4 off9'hat-N'king Rly. 5%.....
15
Int. Tel. & Tel. (For La.)
24*
Greyhound Corp.
144
Johnsmanville
641
Int Harvester
542
12
Kennecutt Copper
381
Libby, McNeill & Libby
51
Libbey-Owers-Ford
Glass 28
Mack Trucks Inc.
301
Lockheed Aircraft
291
McKesson & R., $3 pfd.
141
Loew's Inc
39R
Mountain City Copper
28
Martin, Glen L Co. Montgomery Ward
204
Nat Gypsumn
62
342
Nat. Lead Co.
181
National Aviation
ᎦᎸ
N.Y. Chic. St. Louis 6 pf....
451
144
Pacific Gas & Elect.
254
224
Pan-A'can Airways
131
53
5+
Pipor Aircraft
National Supply Corp.
71
P'burgh Coke & Iron
73
London
New York
New York Central
138
Public Service of N.J.
223
Niagare Hudson Power ...
27
Ryan Aeronautical Oo.
44
Japan
N. American Aviation
17
Sears, Roebuck & Co.
704
India
Parls
North American Co. (New)
131
Southern Rly.
18
Northern Pacific
7#
Sperry Corp.
37
Hongkong
13/6
Packard Motors
3i
Standard Gas & Elect,
Sterling
Paramount Pictures
131
Standard Oll of Calif.
237
Gellera
T.8.8.3,600,000,000.
Pennsylvania R.R.
Stone & Webster
7*
Phillips Petroleum
45!
Texas Gulf Sulphur
38
Spot
Pullman Inc...
28
Thompson Products
291
Aug.
..... 0/3-5/64
Pure Oli
91
Tidewater Assed. Onl
11
Sept
0/3-5/84
Opening Closing 0/3-5/64 0/3-3/84 0/3-3/84 0/3-3/84
15/-
12th June 1941.
22
Radio Corpn. of Am. an
44
Timken Detroit Axle Co.
323
U.S. Dollars
Reading Company,
Com
177
Twin City Rapida
234
Spot
$5-5/32
$5-3/32
Remington Arms Co., Inc.
47*
Un. Carbide & Carbon
772
Republic Aviation Corp....
31
United Gas (common)
Aug. Sept.
545/32
5-5/32
5-3/32 6-3/33
Republic Steel
20
Un. Light & Pwr. “A”
3/18-
Reynold Tobac. "B
323
US. Ind. Alcoho
294
Schenley Distillers
142
US, Realty & Imp.
14
Shell Union Of
151
US Rubber 8% pid.
051
Cements, $14.30.
Secony-Vacunum Oli
Southern Pacific
Southern Rly $5 pfd.......
1041
- DOW JONES AVERAGE
High Low Dow Jones Averages 180 116.3 30 Industrials
30.8 26,64 20 Haila
20.66 17.22 15
Aug. 8, 1941
91
+
141
30
U.S. smelt., Ref. & M. Y"stown, sheet & Tube Royal Bank of Canada
61
Great Western Rly.
374
Woolworths
567-
National Bank of India 311
B.-A. Tob. (bearer) Dunlop Rubber:
85771
Marsman Investments 5/71 Western Holdings
35/0
Sub-Nigel
16/104 :141/101
Bristol. Acropiane
11/14
Imperial Chemical Ind. 33/198 United. Steel
23/0
Shell Trans. & Trad.
(bearer)
49/42
* bid
1 ex. dlv.
384
153
Goodrich (BF)
Nat Dairy Products National Distillers Nat Fower & Light
Opening
0/3-1/18 5-1/8
unquoted
Chinese Estates, $101,
17
Trams, $16.70.
nom'nal 20-1/4
Lights (0), $5.90,
Corp. (Lan, Reg.)
H.K.
12
12
པཱ ཨྰ ཎྜ གྲྀཨྰཿ ྂ$ རྡོ-ཝེuསྶn
72
70
The Business of the above Bank is conducted by the MONGKONG & SHANGHAI BANKING COR- PORATION. Kules may be ob tained on application.
For the HONGKONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1939.
THE CHASE BANK
BANK OF EAST ASIA, -
LIMITED
Authorised Capital ....$10,000,000.00 Paid-Up Capital Reserve and Undivided
Profits
5,598,600.00
2,983,261.50
Head Office:--HONG KONG No. 10 Des Voeux Road, Central
Board of Directors:
|HON. SIR SHOUson Crow, Chairman
Li Koon Chan, Egg, Li Lan Sung. Eag
Wong Chu Son, Esq. Wong In Tong, Beq. Fang Ping Wah Eaq,
15, QUEEN'S ROAD. CENTRAL F.K Kwok, Esq.
KAN TONG PO, Esq, Chief Manager Hon. MR. LI THE FONG, Manager
- Branches and Agencies:
Xowlues Penang Loudou
HEAD OFFICE:
18, PINE STREET,
NEW YORK.
An American Bank offering com. plete Foreign Banking Service in the principal Markets of the world.
Anjoy
Batavi
Boulay Maulle
Dimitta
Hwphong
Angaran
SAFE DEPOSIT BOXES
Haukow
New York
Seattle
Vanocavor
doulie
Paris
Semarang
Kobe,
Felphax
Shanghai
Singapore
Bagoon Bacalnya
Batyou HouLow
Melbourne San Fran Granat
isop Tentia
Every, description of Banking and
This Bunk is a subsidiary of The
Chase National Bank, New Exchange business transacted. Loans York, with Resources of over granted on approved securities.
D. L. BALLANTYNE,
Current Accounts opened in Local Currency and Fixed Deposita re Manager.ceived for one year or shorter"
periods in Looal and Foreign Cur rencies on terms which will be quoted on application.
SAVE DEPOSIT Boxsa To Let.
EAN TONG PO,
Chief Manager.
.03 off
120.17
30.00
92.19 89.58 40
Utilition Bouds 78.08 85.40 11 Comanodity Indox
18.60
01.51
78.88
Aug. 4, High Low Clos 18.64 127.41 128,14
30.92 30.28 30.42 -18 08 18.00 18.09 18.73 13 ap
UI,44 72.43
Change
RESERVE BANK OF INDIA STATEMENT
Calcutta, Aug. $ (Reuter),
July 26 Aug.1
Notes circulation Oncluding Notes
huld in the Bank-
J
ing Department)... 29,217 29,200
Rupeo Coln Bullon
. In India Aga Uold Coin and Bul-
tion in India baga Securitien (Indian
3,704 3,813
4,441 4441
Clovernment) .................. 0400 7,848 Boourities (Britlin
Clovernment) ... 12,164 13,102
(Figures in Lakha Nupons)
SHANGHAI DOLLARS
SHANGHAI MARKET Sterling opened with sellers at 3.5/84. Last rate received reported sellers at 3.3/18 for Spot. U. S. Dollars opened with sellers at; 15.5/32 and closed at 5.3/32 for Spot.
Market easier.
Shanghai Exchange
Shanghai, Aug. 6 (Reuter).
Oficial T.T. Rates
Market:-Inclined to be easy.
Silver Duty Rate
The Central Bank of China's rate on Lordon at 10 am, today was 1/2-1/2d.
The Equalisafton rate was 24-1/2
per cent.
Calcutta Exchange
Calcutta, Aug. 6 (Reuter)...
T.T. on Japan, unquoted,
07 off India Rupee Paper
.95 DH
Business Dono:--640,000 shares
SILVER MARKET
LONDON SILVER
· London, Aug. 6 (Router), Silver-Little trade demand off- set by production selling. Buyers were antisfied. In the afternoon, the market was steady, with no business.
Spot, 23-1/2d.
Forward, 23-1/2d.
BOMBAY SILVER
Bombay, Aug. 6 (Reuter).
Kombay, Aug. 5 (Reuter). Govt. 34% Rupee.. 18-0-0.
LONDON GOLD
London, Aug. 6 (Reuter). Bar Gold, Fino per oz., 188/-
HONGKONG
SHAREBROKFRS
ASSOCIATION. Volurde of Business Transarted Wednesday, Ang. 0, 1941.
SALES H.K. Tramways C.D... 200 $17,20
1001/9
ex-1/3
Market Quiet Oftako 150 bars. Matemans B.K.
Indian Mint Silver.
Roady minigun :02-13-0 Aug. 18 Bettlement . 02-13-0 Sept. 17 Bettlement. 6a-41-0
aco The total value is $3,500,00
N.Y, WOOL GREASE
Dec,
........... 92.8b/93,0 NY. Official Silver NY./London Cross Rate
34-8/4 Tientsin-Pukow Rly. 5% unrecd. (Brit. Stpd.)
H.K. Stock Exchange
Wednesday. Aug. 6.
BUYERS
ELK, Govt. 4% Loan. 95.50. Realties, $3.
Ropes, $8.30.
Watsons, $10.76,
SELLERS
Realties. $3.23. Trams, $17.20 Lights (0) $6.10. Electrics (N), $21 25. Electrics Rts, $11.10. Ropes, $8.60 Dairy Farms, $19.10.
SALES
Trams; $18.70.
Electrics (0) X. Rts $21.90
Electrics Rs. $10,90-
Dalry Farms, $18 90.
Tientsin Pukow Rly 5%
(German Stpd.) Tientsin-Pukow Rly. 5%
(Brit. Stpd. Supt. Loan) Tientsin-Pukow Rly, 5%
(Ger. Stpd. Supl, Loan)
Jap. 6 Ster. Laan, 1924 19-211 Ger. 7% Intl Loan, 1924 49 Chartered Bank
H.K. & Bhai Banking
& S'hai Banking
Corp. (Col.. Reg.)
Chinese Eng, & Mining
(bearer).....
Chosen Corporation Mercantile Bank of In-
dia, £5,0
Pekin Syndicate
9'hal Elec. Constr. Co. S'hai Waterworks "A"
Union Insurance..... Gula Kalumpong Rubber 15 Lon.. Mid. & Scot.. Bly, 151
INDO-CHINA
STEAMINAVIGATION COMPANYLD
Operating Servious for Cargo and Passengers
TO-G
SWATOW, SHANGHAI, TEINGTAU, CHEFOO
and TIENTRIN
ROBE and
OSAKA
BINGAPORE PENANG and GALCUTTA
SANDAKAN
HAIPHONG
All stormers borth alongans the Roosevelt Terminal in the French Concession' ss. Shanghai, whore passengers and enrgo aro Inncind.!
For further particulars
piraso 'npply tom
BANK OF CHINA
Specially Chartered by: THE NATIONAL GOVERNMENT OF CHINA AS AN
· INTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL $40,000,000.00 (BRANCUES ALL OVER CHINA)
Owing to our numerous Branches in China and connections in the principai Commercial Contres of tho World, we are able to extend to our Cliente special facilition for Domestic and Foreign Banking and Exohauge.
Head OMeo: SHANGHAI
Hong Kong Branch:
4, QUEEN'S ROAD, U. South_China Officéni
CANTON
BWATOW
SHUCHOW
KONGMOON TOISE AN
KINGOHOW
We also bandia the imue of Bonds and other Publio Funds of the Chinese Government both at Home and Abroad
HHOU J. OKEN."
Manager.