Prev

High

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

NY. COTTON

16.59 16 81

New York, Aug. 5. Low 18 04 22,50 22.50b 22,55 111 1138

1114 764b 771 77

#70

Closing Ranges Changes

52 3/4

Oct Dec

16.68/08

09 up

16,85/86

11 up

Jan.

16 86 N

10 up

102 1/4

On India:-

Transfer.

1382 6/6

Mar May July

16.98 99

11 ир

On New York:--

NY. RUBBER

Bank Bills, on demand 24 15/14 Credis, 60 days sight 26 3/

Sept.

Dec

On Satavia:-

Mar

22 35b/65a 22 350/50a 20 30b

15 off 15 up

unch.

On demand

40 3/4

Total sales:

100 tons

On Parle:--

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND N.Y. Commodity Market

EXCHANGE

CLOSING QUOTATIONS

AUGUST 7. 1941.

On London:-

Telegraphic Transfer. 1/27/ Bank Bills, on demand 1/2 7/8 Credits 4 months' sight

On Ebanghal :----

On demand

Un Bingapore:--

On demand

On Japan:-

On demand

Telegraphic

and demand

(REUTER'S SERVICE)

Close Change

16.98/96 .09 up

.08 up i 10.92 N Tursday's sales-164,600 bales.

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

London, Aug. 6. 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 la transmission.

NEW YORK STOCK EXCHANGE

QUOTATION

(REUTER'S SERVICE)

AUGUST 1, 1941.

Johnsmanville

Kennecott Copper

FRIDAY, AUGUST 8, 1941.

BANKS

16 60 .00 ปก 22.35b 15 OF 1121 I up 774 1 up

STOCKS

Last Sale

STOCKS

Aug. 6

Adams Express

74

Last Sale Aug 6 65

HONGKONG & SHANGHAI

THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital... $50,000,000 |

INDIA, AUSTRALIA AND CHINA

Issued & Fully Paid-Up $20,000,000 | Incorporated by Royal Charter, 1863

Reserve Funds: Sterling

6,500,000 Paid-Up Capital

H. K. Currency Reserve $10,000,000 Reserve land Reserve Liability of

£3,000,000 £3,000,000

Proprietors

$20,000,000

Alleghany Steel Co. Allis Chalmers Amer. Can

24

384

Reserve Liability of Pro-

prietors

£3,000,000

294

Libbey-Owens-Ford

Glas

29

Head Office:-HONG KONG

સમ

American Cyanamid B. Amer. & Foreign Power ... Amer & Foreign $7 pf.

403

Lockheed Aircraft Loew's Inc.

294

34

Board of Directors :

13/16 Martin, Glen L. Co.

291

Hon. Mr. J. J. Paterson,

231

Montgomery Ward

344

Amer, Locomotive Co.

141

National Aviation

W. H. Lock, Esq.,

Amer, Metals ...........

192

Nat, Dairy Products

14

Deputy Chairman

Amer. Radiator......

National Distillera

22

J. K. Bousfield. Esq.,

Amer. Rolling Min

154

Nat, Fower & Light

54

A. H. Compton, Esq,

Amer, S'ting and Ring Co. Amer, Sugar Refining Amer. Tel & Tel

421

National Supply Corp.

7

L. J. Davies, Esq.,

193

New York Central

134

Hon. Mr. S. H. Dodwel

154

Niagara Hudson Power

23

Amer. Tobacco "B"

72

N. American Aviation

161

G. Miskin, Esq.,

K. S. Morriazon, Esq.,

АМНІТЕЛЕ

BANGKOK

Chairman

HEAD OFFICE: LONDON:

35, Bishopsgate E.0.2. Sub-Agencies In London: 17/122, Leadenhall Street, EC.3. West End Branch: 14/16, Cockapur Street, 8.W.1. Manchester Branch:

32, Mosley Street, Manchester, 2

AGENCIES AND BRANCHES:

ALOR STAH

RANGOON

HONG KONG PENAND ILOILO

IPOH

SALOON

Amer. Waterworks

42

North American Co. (New)

13

Hon. Mr. T. F. Pearce,

BATAVIA

KARACHI

SEREMBAN

Anaconda Copper

از پایان که

Northern Pacific

78

Hon. Mr. A. L. Shields,

BOMBAY

KLANG

Atchison, T. & 8, Fe.

288

Packard Motors

34

£

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

NEW YORK HIDES:

Dec.

Aviation Corp.

32

Paramount Pictures

148

Hon. Sir Vandeiour M. Grogburn, CALCUTTA

KOUT

On Saigon:-

On demand

FOR

Total les CHICAGO WHEAT-

14 55b 57a

unreco

03 up

War Loan, 30%

after 1952)

Red

Baldwin Locomotive Co.

153

Pennsylvania R.R

247

Chief Manager.

AGENCIES OLIVE

SHANGHAI

SINGAPUER

SITIAWAN

BET

KUALA

LUMPUR

BOURABAYA

1056

altumore & Oblo

4A

Phillips Petroleum

452

Defence Loan, 3%

100%

Branches:

PA LAGE CANTON

TAIPING

KUCHING

TIENTSIN

Barnsdall ou

92

Pullman ine

284

MADRAS

On Manila:-

Sept.

112 12/

1

up

Cantor-Kloon Rly. 5%

13

dendix Aviation

372

Pure OU

97

Amoy

On demand

49 7/8

| Ore

115 1154

1

Chinese 14% Gold Loan

Bethlehem Steel

748

Radio Corpn. of Am.

41

Bangkok

Joaure Kobe

On Bangkok:~-~

May

On demand

149 1/2

Tuesday a

11811181 sales,

la up 22,521,000

1898 (Brit. Issue). Chinese 6% Gold Bonds.

1925/47

47

Bliss & Co., EW. (com.)

17

Reading Company,

Com

170

Being Airplane Co.

184

Remington Arms Co., Inc.

4

Batavia Bombay Calcutta

Kowloon

Kuala

Francisco DELHI

On Sterling Notes:--

bushels.

Bank. Buying Rate

Notu.

Chin. 4% Anglo-French

CHICAGO CORN:

Bar Bliver per on.

23 7/16

Loan, 1998

&&

45

Borg-Warner

192

Republic Aviation Corp.

32

Canton

London

Briggs Mfg. Co.

194

Republic Steel

201

Chefoo

Lyons

45

sept

Dec

772.775 80/801

¿ up

Budd M'facturing Corp.

4%

Reynold Tobae. "B"

324

Coloruba

Chinese 5% Crisp Loan

1 up

Canadian Pacific

41

Schenley Distillers

15

Dairen

Manila

Market Report

FROM ROZA BROS

Thursday, Aug 7. Silver prices dropped 1/16 yes terday for both deliveries, the quo

both for tatlong being 23.7:16

Silver Forward. Ready and Vlees reported the market as ing steady with no business

May

834/832

1912 .......

30

12 up

Celanese Corp.

28

Foochow

Munr

Shell Union Oll

150

NEW YORK LARD:

Chinese 8 Reorg Loan

1913 Ldn Is.)

Haiphong

Chesapeake & Ohio

372

Socony-Vacunum Oll

91

Haokow

Sept.

10.15/17

Dec.

10 47b NY. BLACK PEPPER:

Sept Dec

.03 up

0% up

Chinese 8% Ster. Notes

1925 (Vickers)

K

**

38

(Johore) Tientsin Mukden Takyo

Chrysler

587

Southern Pacific

13%

Harbin

Columbia Gas & Mec. Commercial Credit Co.

21

Sou ern Rly $5 prɑ.

291

Iloilo

Peiping

244

Spicer Manufacturing Co.

37

Ipoh

Chin. Imperial Rly. $%

6.246,270

.01 up

Loan .......

55

6,366/38a

.03 up

be-

NY COTTONSEED OIL: ad-Sept.

11.93b/95α 11.67/67 Dec GODNY. SUGAR No. 8:

Honan Rly. 5% 1905

19

to i

Com, & Southern (Ord,) Consolidated Edison Co.

3. 16

Standard Branda

52

183

Standard Gas & Elec.

187

Consolidated Ol

F

Standard Oil of NJ.

434

Sukuang Rly 5%, 1911

13 up

Copperweld Steel

161

Studebaker Com.

B

American Silver

34.3/4 for Spot

Was

quoted

al Sept

Jan.

2.73b, 748 2.7kb/798

16 up

04 up 05 up

LP. NAY Issue). Hukuang Rir. 5%, 1911

German Issue)

15

Ourtiss Wright (C)

Swift International

Distillers Corp. (Seagrams)

16

L'echnicolor

GA

quoted on application.

13

Douglas Aircraft

724

44

Lung Tsing & U Ha!

Rly. 5%, 1913

Texas Corpn.

SAFE DEPOSIT

BOXES

Du Pont de Nemours

1581

Trans-America Co

The London/New

rate was quoted at 402.12.

York

cross-

Business done:- 059 lots

New

N.X. SUGAR No. 4:

York/London 403.1/2.

Vis

quated

at Sept.

1.70b/718

.08 up

shai-Nking Rly. 6% Tientsin-Pukow Rły, 5%

(Brit Stpd.)

12

Dec.

1.700/778

MARKET

May

1,82b/82ja

084 up .05 up

Tientsin Pukow Riy. 5%

(German Stpd.)

12

pulat..

Business done.

957 lots.

Tientsin-Pukow Rly 5%

STERLING

NEW YORK COCOA

(Brit. Stpd. Sup), Loan)

There

October,

were sellers at 1/3 up to Sept. buyers at 1/3.1/32 for: Dec

7.69 N

7.79 N

10 up 08 up

Casil

N.Y. WOOL GREASE Dec.

93.2/93.2

1 up

U, S, DOLLARS

34-3/4

Tientsin-Pukow Rly. 5%

(Ger, Stpd Supl. Loan) Jap, 8% Ster. Lean, 1924

Ger. 7% Intl, Loan, 1924 44 Chartered Bank

21

Nominal.

klerech.

H.K.

S'hal Banking

Cerp. (Ldn. Reg.)

to Merchants

at 26.1/16

up to

H.K. $ 6'hai Banking

Corp. (Col. Reg.)....

~42 2 2 2 227 22

various sizes to let.

Eagle Picher Lead

9

15

20th Cent, Fox Film, Com.

Ва

Elec. Autolite Co.

281

Union Bag & Paper Corp.

118

TRUSTEE business undertaken.

and EXECUTOR

Rangoon Saigon San

Lumpur Shanghai

Singapore Sourabaya

Malacca Sungei

Patani Swatow

New York Teingtuo

Yokohama

Penang

HAIPHONG BANKOW

(Peking) FORHION EXCHANGE 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 ACCOUNTs also opened in Local Currency and Sterling with interest allowed at rates obtainable op application.

CURRENT ACCOUNTS opened in LOOM CURRENOY and FIXED DE POSITS received for one year or shorter periods in Local and other Currencies on terms which will be business, and claima recovery of

The Bank's Head Office in London undertakes Executor and Trustee

British Income Tax overpaid, o of terms which may be ascertained at any of the Agencies and Branches

W. H. EVANS THOMAS,

Manager.

GAWNPOKE CKBU COLOMBO

TUNGKAN

MANILA

(Bhuket)

MERAN

TSINGTAO

NEW YORK

PELING

YOKOHAMA

Elec Bond & Share...

28

Union Pacific

82

Hongkong, 28th July, 1941.

Elec, Bend & Share $5 pf.

532

United Aircraft

391

Elec, Bond & Share $8 DÍ. Elec, Power & Light $7 pf.

091

Pantepec O Ven.

42

35

United Airlines Trans

11)

Pilatkote

15

United Corpn.

12

Gen, Electric

317

United Corpn. $3 cum pf.

Gen. Motors

40

United Gus Improvement

12

Gen. Raliway Signal

148

U.S. Rubber

Gen. Tire & Rubber

Goodrien (B.F.).........

84

Goodyear Tire & Rubber...

Great Northern Iron Ore

12

Great Northern Rly, pfä

78

Great Western Sugar ...... Inter. Nickel

Chinese Eng. & Mining

(bearer)

Inter. Paper & Power

13/0

Int. Tel, & Tel. (Fon, Is.)

TO CHINA

INCREASING

Chosen Corporation

+/-

Mercantile Bank of In

dia, £5, "C"

112

Pekin Syndicate

1/-

1941

15/-

16

High Low Dow Jones Averages 138.00 11.30 30 Industrials

22

20.89 26.54 20

20,66 17.22 15

15

92,19 89.56 40 78.68 50.45 11

372

Free China and taking steps to National Bank of India 314 insure their delivery in an effort B.-A. Ton. (bearer) 85/7)

35/7

Quiet.

11/3

LONDON SILVER

NY. Official Silver

Authorised Banks will N.Y./London Cross Rate buy at 25.5/16 for Spot and sell

Beptember,

SHANGHAI DOLLARS Sellers at 486, buyers at 480 for Spol.

SHANGHAI MARKET

Sterling opened with sellers at 3.3/84 and then receded to 3.1/64 Towards the close sellers were re- Spot. U. S. ported at 3.1/32 for Dollars opened with sellers at 5. 3/3% and then dropped to 5.1/32 Towards lunch time

the

AMERICAN

WAR SUPPLIES

FLOW OF MATERIALS hai Elec, Constr. Co.

S'hai Waterworks "A" Union Insurance.. The United States Government Gula Kalumpong Rubber 15

& Scot., Rly is speeding up as well as increas-Lon.. Mid. marketing the flow of war materials to Great Western Rly,

was reported at 5.1/16 for Spot.

MARKET

STERLING

There were sellers at 1/3 up October, buyers at 1/3.1/32 Cash.

circles here.

to

SILVER MARKET

12 off .00 up Business Done:-660,000 shares

NO MANGANESE ORE FOR JAPAN

London; Aug. 6 (Reuter).

TOKYO, Aug. 7 (Reuter)—The Silver-Market steady but idle, Indian Government has banned with moderate offering but no de- the export of manganese ore to mand In the afternoon, the Japun according to a report re market was quet but with no celved by the N.Y.K. in Tokyo.

The ban follows a similar ban the export of pig-iron tt Japan,

23/10/ 56/- 5/71 17/44 141/104

business

Trans

Trad.

(bearer)

• bld

49/41

Spot, 23-7/100,

1 ex div.

to checkmate Japanese expansion Dunlop Rubber plans, according to well-informed Bristol Aeroplane

Imperial Chemical Ind. 32/- Mr. Sumner Welles, Acting United Steel for Secretary of State, told correspon- Woolworths

dents in a recent Press conference Marsman Investments U. S. DOLLARS

that the Government was not de-western Holdings will sirous of giving out detalls as to sub-Nigel Nominal Authorised Banks

and Quality of war shell buy at 25.5/16 for Spot and sell to quantity Merchants at 25.1/16 up to Sep-materials ordered by the various governments resisting aggression. tember.

The United States aid to China, It is stated in well-informed cir- eles, is assuming

forms. many Present plans call not only for an

SHANGHAI DOLLARS Probable sellers at 490,

SHANGHAI MARKET

Last rate received reported sell-

increase of all kinds of supplies.

but also for expert technicians to

ers at 3.1/64 for Spot and U. B. China. These quarters explained Dollars at 5.1/32 for Spot.

that China's most needed require- ments are steel, copper, zinc and the manufacture of munitions. Some of these supp les Shanghai, Ang, 7 (Reuter).

have been sent and more are pro- mised. offelal T.T. Rates

Opening

HEAVY ORDNANCE 0/3-1/32 Although American factories 6-1/16 have not reached peak production, unquoted it is stated that in the near future 16-3/4 additional shipments of heavy nominal ordnance cannon, anti-aircraft 20

guns and high caliber machine gune--will be-sent to China,

Shanghai Exchange lead for

London

New York

Japan

India

Parly

Hongkong

Sterling

Betlers

Spot

opening.. 0/3-3/04

Aus.......

Closing... 9/3-1/04 0/3-3/04 0/3-1/64

Hept. 0/3-3/04

U.B. Dollars

0/3-1/04

Spot ...... $8-3/32 6-1/92

Ang.

...... 5-3/82

Sept. 5-3/32

Market:-Quiot.

Bliver Duty Rate

0-1/82 0-1/32

The Central Bank of China's

rate on London at 10 am, today was 1/2-1/24.

The Equalisation rate was 24-1/4. per cent,

Calcutta Exchange

Calcutta, Aug. 6 (Router). TT on Japan, unquoted,

According to the United States. Newa, a weekly publication, plans are being considered in offelal circles to train Chinese pilots in combat manoeuvres at American bases. (Central News).

HONGKONG

SHAREBROKERS

ASSOCIATION

Vutumas of Business Transacted on Thursday, Aug. 7, 1941.

SALES

China Lighte. (0) 700 $6,00 HK. Telephonés (0) ... 200 23.00 H.K. Docks

100 15,55

1,000

*

LONDON GOLD

London, Aug. 6 (Reuter). Bar Gold, Fine per oz., 168)-

H.K. Stock Exchange

Thursday, Aug. 7. BUYERS

H.K. Gort: 4% Loan, 05.50.. H.K. Govt. 3% Loan (1934),

14.50.

ELIC, Govt. 31% Loan (1940),

04,50.

H.K. Banks XD. $1315. Canton Ina, $2287 HK. Fire Ins., $185. Docks, $16.50.

Providents, $5.80. Hotels, $3.20.

Trams, $18.76. Mectrics (N), $21, Mecirles His., $10,80.

SELLERS

Lights (0), $0.10.

SALES

Bank of Baal Asin, 876 books, $18.60.

Trams, $10.00,

Lights (N), #1.30; Misotrios, Rts

Tuo total Vahin is #10.286,00)

Telephonek, (D), $83. Dairy Farma, $18.76,

$10.HO,

Forward. 23-7/168,

BOMBAY SILVER

Bombay, Aug. 6 (Reuter).

Market--Quiet.

on

LONDON METALS

EXCHANGE

London, Aug. (Reuter).

Oftake 50 bars.

Tin, Standard,

Price,

Indian Mint Silver

Ready

62-13-0 Aug. 18 Bettlement .... 62-13-0 62-14-6 Sept. 17-Settlement

Cash,

Middle

256-5/8. Tin, Standard, 3 Months, Middle Price, £280.

Market steady.

Head Office:-HONG KONG

V. M. GRAYBURN,

Chief Manager. No. 10 Des Voeux Road, Central Hong Kong, 25th Feb., 1939.

THE CHASE BANK

Board of Directors:

HON. SIR SHOUBON CHOW, Chairman

16, QUEEN'S ROAD, CENTRAL P. K. Kwok, Esq.

18, PINE STREET,

NEW YORK. An American Bank offering coin- plete Foreign Banking Bervice in the principal Markets of the world.

SAFE DEPOSIT "OXES

KAN TUNG Po, Esa, Chief Manager HON. MR. Lt Tax Foxa, Manager

Branches and agencies:

Penand Singapore Hmigodu Barabaya

Laurdon

MAIOR Shusith Melbourn

Swatow

San Fran. Sydney

viaco intein

Senttin Vanhaver

This Bank is a subsidiary of The

Every description of Banking and Chase National Bank, New Exchange business transacted. Loans York, with Resources of ever granted on approved securities. 1.8.$.3,800,000,000.

D. L. BALLANTYNE,

12th June 1941.

Current Accounts opened in Local Currency and Fixed Deposits re- year or shorter Manager.ceived for one

periods in Local and Foreign Cur rencies on terms which will be quoted on application.

WANT ADS ARE SURE!

INDO-CHINA

STEAM NAVIGATION COMPANY LTD

Operating Services for Cargo and Passengers

TO

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN

KOBE sad· OBÁKA

SINGAPORE PENANG and CALCUTTA

SANDAKAN

HAIPHONG

All stoners berth alongside

the Roosevelt Torminal in

Cho Fronch Concession Shanghki, where passengers and cargo are landed.

For further particulara

please apply to—":

JARDINE MATHESON&Co.,LTD. THERONEZONII, GENERAL MANAGERS.

SAFE DEPOSIT BOXES TO LES.

KAN TONG PO,

Chief Manager.

BANK OF CHINA

Spesially 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 Centres of the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and Exchange.

;'

Head Office-SHANGHAI Hong Kong Branch:

4. QUEEN'S ROAD, C. South China Offices: CANTON KONGMOON

BWATOWA TOISIAN SHIUCHOW KINGCHOW

We also handin the issite of Itorialn and other Public Funds of the Chinese Government both at Hone and Abroad

SHOU JOHEN,

132

U.S. Steel

19

Vanadium

192

Vultee Aircraft

18

Walworth Co.

271

Warner Bros. Pict.

27+

Westinghouse Elec.

27 177 28*

Woodward Iron Cor.

Chase National Bank National City Bank

Ša s t a ¤ = = = ‡ 8 6

9/16

HONGKONG SAVINGS

BANK

The Business of the above Bank

is conducted by the HONGKONG

BANK OF EAST ASIA, LIMITED

& SHANGHAI BANKING COR-Authorised Capital

POBATION. Rules may be ob-Paid-Up Capital tained on application.

$10,000,000.00 5,598,000.00

For the HONGKONG & Shanghai

BANKING CORPORATION. f

Reserve and Undivided

Profita

2,983,201.60

31*

271*

DOW JONES AVERAGK

Aug. 7, 1941.

Aug.

High Low Close

Change

Li Koon Chun, Eey.

Li Lan Sang, Feq.

Wong Chu Son, Bag

Wong Yun Tong, Kaq.

Fong Ping Wah Esq..

125.14

126.65 127.62 129.10

.04 of

Ruile

30.42

30.38 30.07 30.18

.24 off

HEAD OFFICE:

Utilities

18.78

18.85

18.61

18.74

.01 up

Bonda

91.44

91.32

Commodity Index

78.43

79.03

Amoy

Batavia

Baby

Calcable Kalphony Hankow doncil

York

Kobe

FAYIN Polping

Hennatdor

Slaughi

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