OF ENGLAND
132.080
50,520
182.600
Government Securities
158,770
Other Securites:
Discounts and Advances
6.650
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
AUGUST 8, 1941
On London:--
Telegraphic Transfer. 17/4 Bank Bills, on demand 1/2 7/M Credits 4 month☛” sight
Ou Shanghai:
BANK
Reuter)
London
Auk 7
Public Deposits Other Deposita“
Bankers
Other Ace001145 Total
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
AUGUST 8, 1941.
STOCKS
Johnsmanville
Kennecout Copper Libbey-Owens-Ford
BANKING CORPORATION
July 31
+000'8 Ommitted) 11,290
Aug 7
Authorised Capital.
$50,000,000
17.910
Issued & Fully Paid-Up $20,000,000
SATURDAY, AUGUST 9, 1941.
BANKS
HONGKONG & SHANGHAI
THE CHARTEGEÐ BANK OF
INDIA, AUSTRALIA AND CHINA
neororated by Royal Charter, 1855
Reserve Kunda:
108.850
491 0
STOCKS
Last Sair
Last Sale
Sterling
158,250
Aug. 7
Aug. 7
156.120
Adams Express
71
656
H.K. Currency Reserve $10,000,000 Reserve Fund..... Reserve Liability of
6,500,000 Paid Up Capital
£3,000,000
£3,000,000
Alleghany Steel Co.
24*
382
Proprietors
$20,000,000
Reserve Liability of Pro-
prietors
£3,000,000
3,610
Allis Chalmers
291
Glass
28
Head Office:--HONG KONG
Securities
22.970
19,420
Amer. Cun
881
Lockheed Aircraft
282
On demand
470
Tutal
29,520
23.030
American Cyanamid B....
401
On Singapore:—
Notes and Coins
23.520
14,850
Amer. & Foreign Power
On demand
52 8/4
Total Bullion
1,950
1,970
On Japan
On demand
10% 1/4
Notes in circulation
657.430
On India:-
Telegraphic
Transter
My
Hail of Reserve to Liabilities Pries of Gold at which holdings
are valued
21.30%
667/20 18.487
Ainer & Foreign $7 pf. Amer, Locomotive (b.
234
Loew's Inc Martin, Glen L Co. Montgomery Ward
34
Board of Directors :
29
Hon. Mr. J
J. Paterson.
34
14
National Aviation
9.
W H Lock, Esq.
Amer, Metale
19
Nat, Dairy Products
14
Deputy Chairman
Amer. Radiator
BA
National Distillers
214
JK. Rusfeld. For...
168-
Amer. Rolling Min
15
Nat Power & Light
54
and demand
Amer. 8ting and Ring Co.
42*
National Supply Corp.
A. H. Compton, busq.
71
Op New York:-
Amer, Sugar Refining
201
. J. Davies, Esq.,
New York Central ...
135
Hon Mr. S II "Dodwell,
Bank Bills, on demand 24 116 Credlis, 00 days sight 25
FEDERAL
On Balavja
On demand
Ob Parts:
RESERVE SYSTEM RETURNS
Amer. Tel
Tel.
154
Niagara Hudson Power
24
mer. Tobacco “B”
71
N American Aviation
154
Auer. Waterworks
42
North American Co. New
13
G Maskin, Esq..
K. S Morrison. Esg....
41 3/4
New York AUK
7. Rester?
1940
Bank Bills, on demand No
Credits 4 months' sight Nom.
On Balgon-
On demand
Bls Bought
Aug. 1
: 100's
1941 July 31
Omitted)
1941 Aug 7
Anaconda Copper
29
Northern Pactic
71
Hon Mr T E. Pesre 31. Mr. AI
Archison, T. & S. Fe.
20
Packard Motors
31
Aviation Corp.
31
Paramount Pictures
144
Baldwin Locomotive Co.
158
Pennsylvania H.R
241
Shields.
Hou. So Vandeleur M. Grayburu,
Chief Manager
$
Baltimore & Ohio
Phillips Petroleum
Branches:
On Manila :--
US Securities held
On demand
491 7/8
Federal Reserve Ratio
2,448,000 2,184,000
89.23%
91.22%
2,184.000
Barnsdal) Qu
02
Pullman Inc.....
01.227
Bendix Aviation
372
Pure Ou
SA
Asung
Bethlehem Steel
742
Radio Corpn. of Am
11
Bangkok
Johore Kabe
........
On Bangkok :--
On demand
146 1/2
Federal Reserve Credit Outstand-
ing
2,484,000
On Bterling Notes
Metary Oold Stocky
Bank Buying Rate
Noro
dustrial Advances
2,245.000 20.462,060 22,673 000 9,930.000 8.884.000
2,231,000
Bllas & Co., EW. (com.)
Hatavia
Kowloon
Rangoon Saigon Han
162
Reading Company,
Com
171
22,882,000
Boeing Airplane Co
TRA
Remington Arma Co., Inc.
4*
Borabay
Kuala
iCalcutta
Lumpur Shanghai
9,448,000
Borg-Warner
191
Republic Aviation Corp.
32
Canton
London
Briggs Mfg. Co.
101
Republic Steel
192
Chefoo Lyons
Bar Silver per os
23 7:
Budd M'facturing Corp
42
Reynold Tobac
"'B'
328
Colombo
Malacca
yw York Cotton, Oct
Silver
Was
New York Rubber, Bept Theaga Wheat, Sept.
Cross
New
Chorage Corn, Sept
quoted
al
N.Y. COTTON
Market Report
FROM ROZA BROS
Friday. Aug 8
unchanged
Silver prices WS'TH'
yesterday, the quotatlig remal
ing at 237/18 for both Ready and
American
Ferward. quoked at 34,3/4 for Spol.
York The Lorton - New
rate with quoted at 402 1/2
WH Vork London
N.Y. Commodity Market
(REUTER'S SERVICE)
Canadian Pacific
47
Schenley Distillers
15
Daire!
Manila
Celanese Corp.
28
Shell Union Onl
154
Foochow
Chesapeake & Ohio
37
Socony-Vacunum Of
DI
Hankow
Chrysler
582
Southern Pacife
137
Harbin
New York
Columbia Gas & Elec.
21
Southern Rly $5 pid
Hailo
Priping
Yokobarua
Commercial Credit Co.
242
Prev High
New York, Aug. 7 Low Close Change
Spicer Manufacturing Ce
37*
Ipoh
Penang
Com, & Southern (Ord.)
standard Brands
Consolidated Edison Co
181
16 68
16 75
16 52
22.356 22 55
22 32
03 of 16 65 22.50b 15 up
Standard Gas & Mec.
18
Insoldated Ol
61
Standard Oil of NJ.
434
Copperweld Steel
167
1121
1132
112
771
791
77A
112
781
Studebaker Com
6k
Cartiss Wright (C)
9
* up
Swift International
Distillers Corp. (Seagrams)
161
Technicolor
DA
Douglas Aircraft
721
quoted on application.
Texas Corpn
431
Du Pont de Nemours
1592
Frans-America Co
403 1/2
42012
Closing Ranges Changes
MARKET
STERLING
Urt
16.85/05
03 of
TH
1881/82
.04 of
Jati
16 82 N
04 of
There were sellers at 1,3 up to Mar
16 94/94
04
October
Cash
Sebing
25 1/18
buyers
at
1/3 1/32
rate
U S. DOLLARS
SHANGHAI DOLLARS
Nominal. Merchants were quoted early in the morning al 487
wards lunch time 403 could have Total sales: -200 tons bren obtained
SHANGHAI MAKKET Sterling opened with sellers at Dec 3164 for Spal and closed weak at 2.15/16 for Spot.
US Dollars opened with sellers at 5.1/32 and closed weak at 47:8 for Spot.
AFTERNOON MARKET
for May July
Merchants
ht
N.Y. RUBBER.
Sept
22 50b/8ha
Tu
DH' Mar
22,506 560 20.30h
15 up 15 up unch
18.05/95
03 off
02 of
10.90 '00
Wednesday's sales
125,300 bales
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Ang. 7. The following quotations are the nildile prices at the close of the market in London. All quotations are subject to confirmation and no responsibility is assumed for errors in transmission.
Gen. Electric
SAFE DEPOSIT varius sizes to t
Eagle Picher Lead
91
20th Cent Fox Film, Com.
Elec. Autolite Co
29
TRUSTEE
1+
Union Bag & Paper Corp
Elec Hond & Share
21
Union Pacine
814
Elec. Bend & Share $5 of
S14
United Aircraft
307
Elec Pond & Share $6 pf.
57
Pantepec Oll Von.
41
Elec. Power & Light #7 pi
349
United Airlines Trans
Funtk cte
15
Baiphong
MAT
Chairman
į
HEAD OFFICE: LONDON:
38, Bishopsgate E.C.2
Sub-Agencies In London:
17/122. Leadenhall Street, E.0.3.
West End Branch:
1418, Cockapur Street, 8.W.1. Manchester Branch:
52. Miey Street, Manchester, 2
AGENCIES AND BRANCHES:
ALOR STAR HONG KONG PINANG ILOILO IPUI
BATAVIA
Francisco DELHI
Singapore Sourabaya
Sungei
Patani Swatow (Jotore) Tientsin Mukden Tokyo
CYRKENT ACOUNTS
Tsingtao
KARACHI
KLANG
KOBN KUALA
LUMPUR
KUCHING MADRAS
MANSA MEDAN
NEW YORK
KIPINO
(Peking)
RANDOON BATOON
SHANGHAI
KINGAPORE
SITIAWAN
BOURABAYA
TAIPING
TIENTS IN TONGKAR
(Bhuket)
TSINGTAS YOKOHAMA
FORBIN EXCHANGE and General Banking Bustoss transacted.
CURRENT AUNTS opened and Fran DawgIts received for Qua Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.
Sayonda Accounts als opened in Local Currency and Sterling with opened in interest allowed at rates obtainable LOYAL 'ERRENITY and Fixeo Da-on application. estrs receive for oue shorter periods in Local and ether underinkes Executor and Trustee Carneles on terme which will be business, and claims recovery of
year or!
BOXES
The Bank's Head Office in London
British Income Tax overpaid, on of Lerma which may be ascertained at
any of the Agencira and Branches
W. H. EVANS THOMAS.
Manager.
EXECUTOR;
business undertaken. Hongkong 8th July, 1941
HONGKONG SAVINGS
AMRITSAR BANGKOK
HK JEMBAN
BOMBAY
CALCUTTA
AGENCIES
Сенек чулкк Faru PLASUK
CANTON
CAWNHOME CRBI COIMHO
HAIPHONG
HANIOW
United Corpn
Gen. Motors
Gen. Hallway Signal
Gen. Tire & Rubber
Goodrich (B.F)
NEW YORK HIDES.
Sept
'Dec.
May
14.52b/he
4 los Total sales
CHICAGO WHEAT·
112/1122 1158/115) 11811182
03 off
War Loan, 5% (Red
after 1952) Defence Loan, 3% Cantor Kloon Rly. Chinese 44 Gold Loan
Goodyear Tire & Rubber. Great Northern Iron Ore Orea Northern Rly, pid
1051
101
Great Western Sugar Inter. Nickel
5
11
Inter. Paper & Puwer
Int. Tel & Tel. (Fom 19.1
1898 Bril Issue
47
1 up
unch.
Chinese 5% Gold Bonds
1925/47
45
Quier
! up Wednesday's sales - 26.029.000
Chin. 44% Anglo French
1941
Lean. 1908
45
High
STERLING
Chinese 5% Crisp Loan
1/3.1/32
Cash.
Selling
bo
Merchants
There were sellers at 1/3 up toj
October, buyers at
25.1/10
D. B. DOLLARS
rate
SHANGHAI DOLLARS
Nominal at 495
SHANGHAI MARKET
for CHICAGO CORN:
Sterling opened in the afternoon
at 2.15/16 and closed weak at 27/8
U. & Dollars opened Sept. for Spot.
closed Dec.
with sellers at 4.7/8 and with sellers at 113/16 for Spot.
Shanghai Exchange
Shanghai, Aug. 8 (Reuter
Mcial T.T. Rates
bushels.
Sept.
Dec
at May
789/78) 811b 85A/851
up
NEW YORK LARD:
Sept.
Dec.
10:20a 10.50a
.05 up 03 up
1912. (Chinese 5% Reorg. Loan
1913 (14. 19.) up Chinese 8% 8ter. Notes
1825 (Vickers) 13 up
Chin. Imperial Rly. 5%
Loan Honan Rly, 6% 1905
30
20.65
Low Dow Jones Averages 133.60 115.30 30 Industriala
30.8- 26.54 20 17.82 15
38
92.19 79.03
89.58 40 55.4 11
A
55
13
23
H.K. & S'hal Banking
Corp. (Lan, Reg.)
Hukuang Rly 5%,
1911
N.Y. BLACK PEPPER:
6.15b/18a 0.27b/31a
09 off
(LP. N/T 389ue) Hukuang RIF. 5%. 3911
(German Issue)
15
H.K. S'hal Banking
Corp. (Col. Reg.).... 76 Chinese Eng. & Mining
13
(bearer)
N.Y. COTTONSEED OIL:
Sept. Dec.
11 97b/12,02a 04 up 11,70b/72a 03 up
London
New York
Japan
India
Parle
Opening
0/3
5
Hongkong
bon pal 19-7/8
'Sept. Dec. May
Bellora
Opening Closing 0/3-1/84 0/3-1/04
1.781b/778 1.8.b,828 1.8b/a Business done:-1,007 lots.
NEW YORK COCOA
2,79b/80a Business done: -602 lots.
unquoted N.Y. SUGAR No. 4: 26-5/8
N.Y. SUGAR No. 8:
Bept, Jan.
2.73b/158
unch
01 up
09 offLung Tsing & U Ha! Rly. 5%, 1913
S'hai-N'king Rly. 5%..... Tientsin-Pukow Rly, 5%
(Brit. Stpd) Tientsin Pukow Rly. 6%
(German Stpd.) Tientsin-Pukow Rly 5%
(Brit. Stpd. Supi, Loan) Tientsin-Pukow Rly 5%
(Ger. Stpd. Subl, Loan)
Jap, 8, 8ter. Loan, 1924 281-211
904 up Ger. 7% Intl, Loan, 1924
Chosen Corporation
12
12
12
.05 up Chartered Bank ᏓᏎᏘ up
87
142 2 2 2 2.7
Mercantile Bank of In-
dia, £5. "C" Pekin Syndicate
S'ha Elec, Constr. Co.
S'hai Waterworks "A"
Union Insurance...........
Gula Kalumpong Rubber
Lon.. Mid & Scot., Rly.
Great Western Rly.
National Bank of India
B.-A. Tob. (bearer)
Dunlop Rubber
Bristol Aeroplane
Sterling
Business Dono:-600,000 shares
BROKERS
LOANS
New York, Aug. 7 (Reuter). Loans on securities to brokers in New York:-
WK.-ended
Wk-ended 1/8/40 31/7/41
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Spot
Aug0/3-1/04
Sept.
..... 0/3-1/64
0/3-1/84 0/3-1/64
Q.8. Dollars
Spot
$6-1/32 $5-1/32
Aag.
6-1/32
Sept. ......
5-1/32
5-1/92 -1/32
Sept Dec,
N.Y. WOOL GREASE
Dec
.1 off ............ 83.1 (N.Y. Official Silver
34-3/4 NY/London Cross Rate 4.03-1/2
7.65 N 7.75 N
04 off .04 off
N
TO-
Market-Quiet.
The
Silver Duty Rate Central Bank of Ch'na's
rate on Lordon at 10 am
wus 1/2-1/2d.
today
The Equalisation rate was 24-1/4 per cont
India Rupee Papor
Bombay, Aug. 7 (Reuter). Gon, 31% Rupeo. 96-0-0.
SILVER MARKET
LONDON SILVER London, Aug. 7 (Router), Silver Market idle
business.
Spot, 23-7/100, Forward, 23-7/100.
with
no
LONDON METALS
EXCHANGE
London, Aug. 7 (Reuter). Tin, Standard, Cash, Middle Price, £250-5/8.
Tin, Standard, 3 Months, Middle Price, £200.
Markot gulet. "More interest In Carth with bigger business possible but se lors not cancela oning. Mar- |ket looks stabilised. After hours-- prleen unchanged with no bus-
NES.
LONDON GOLD
Lond, Aug. (Router). Bar Gold, Fine per uz, 160/-
Operating Services for Cargo and Passengers
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HA THONG
All atosmora borth alongsido the Roosevelt Terminal in tho French Concession THE Shanghai, whoro „passengura and cargo are landod.
For further particulare
ploaso apply tom
JARDINE MATHESON&Co.,LTD. TELEPHONE KOJILIGENERAL MANAGERS *
BANK OF EAST ASIA, LIMITED
A SHANGHAI BANKING COR Adorsed Capital...$10,000,000.00
Farned on application.
be ab- Pand Up Capital
For the HENDRONG & SHANGHAI BANKING CORPORATION.
V M. GRAYBURN.
Chief Manager. Hong Kong, 25th Feb., 19:09
THE CHASE RANK
Reserve and Undivided
Profits
2,983,261.80
Head Office:--HONG KONG No. 10 Des Voeux Road, Central
Board of Directors:
Hox Sra Souson Chow, Chairman
Li Xeon Chun Ex
Kwok, Erg
15, QUEEN'S ROAD, CENTRAL P.
HEAD OFFICE:
18, PINE STREET,
NEW YORK An American Bank offering con plete Furriga Banking Bervice in the principal Markets of the world,
SAFE DEPOSIT BOXES
This Bank is a subsidiary of The Chase National Bank, New York, with Resources of over U.S.8.3,800,000,000.
D. L. BALLANTYNE.
Worg Yan Tong, Baq
Jan Sang Wong Chu Son, aq Feng Ping Fab Esq.
KAN TONG Po, Esq, Chief Manager Hos. Ma. L THE PONG, Manager
Batavia
Branches and Agencies:
Неовла Howhow Loudou
Babay Manila
Quteutta
Halylong
donolalu
Kobe
Melbourne
Nagunka
Hang on
Hingapore Subaya
Balgon Bwntow
Basi Fran- Sydney Bingo Trentai
Tanostrar
Now York Bestils
Bewu Shanghel
Party
Pelping
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposits re- Hunagerived for one year or shorter
periods in Local and Foreign Cur rencies on terms which will be quoted on application.
SAFE DEPOSIT BOXES To LES.
KAN TONG PO,
THE MERCANTILE BANK OF INDIA, LIMITED
Head Office:-5, Gracechurch Strast. London, EC.3
Authorised Capital
Paid-up Ospital
Reserve Fund and Host
BANKERS:
The Bank of England and Midiand
Bank, Ltd.
Cangkok
BRANCHF9;
Ipoh Info Bombay
Oaloutta
Colombo
Delbi
Galic
Hongkong
Bowych
Hauntan
Kandy
Karahi
Kuala Trengg Hadre
Kew York
Penang
Kangoon
Yota Dharu
Shepptus:
Skle
Kaala Lumpar
diagapore
Kuala Lipis
BONG KONG BRANCH:
Every detoription of Banking and charge huelness tranikolai,
BANK OF CHINA
1...
Specinily Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN
INTERNATIONAL EXCHANGE
TRUSTEE AND EXECUTORSHIP | in
BANK
PAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerous Branches line and connections in the principal Commercial Contres, 'of CURRENT ACCOUNTS opened in Lost Our the World, we are able to extend TOBOS and FIXED DEPOSITS recalvert le Toral to our Clients special facilities for Currey & STERLING od terate that may be Domestic and Foreign Banking and
Exchange.
UNDERTAKEN
ascertained on apa Ilentlog,
D. BENSON,
Naslager
WANT ADS
Trusted
Hoad OMee:-SHANGHAI Hong Kong Branch:
4, QUEEN'S ROAD, C. South China Offices: CANTON KONGMOON
TOISHAN
SWATOW
| SHIUCHOW KINGCHOW
We also handle the isen; of Bondr and other Public Funcle of the Chinus Government both nt Home and Abroad
Abroad
/ SHOU J. CHEN,
Hanager.
316
BANK
United Corpn. $3 cum pl
397
United
Gas Improvemerit
14
The Business of the above Bank
UB. Rubber
241
131
is conducted by the HONGKONG
U.S. Steel
581
19
Vanadium
257
PORATION Kuls may
5,598,600.00)
20
Vultee Aircraft
78
179
Walworth Co
5
27
Warner Bros Pict
278
Westinghouse Elec.
944
27
177
2
Woodward Iron Cor. Chase National Bank National City Bank
271
31
271
DOW JONES AVERAGE
Aug. 6,
128.14
Haile Utilities
30,18
Aug. 8, 1941 High Low Cluse 128.67 127.8 129.09 30.83 30.06 30.18
Change .01 off
,24 off
18.74
18.86 18.83 16.72
પત્ર વર્ષ
Bonda Commodity Index
91,32 79.03
91.23
78,33
.00 off .25 up
Amoy
Hackus
724
13/8
4/-
Wk -ended
7/8/41 $302,000,000 $339,000,000 $332,000,000
114 }/-
12th June 1941.
15'-
15
Imperial Chemical Ind
32/4+
2/2
United Steel
23/10
15
Woolworths
56/3
15
Marsman Investments...
5/72
374
Western Holdings
312
Sub-Nigel
17/- 141/10)
Chief Manager.
86/3
Shell Trans.
& Trad.
35/9
(bearer ›
40/4)
Subero Capital
11/3
* bid
i ex. div.
£3,000,00
21,800
1,000,00
21,201,639