N.Y./London Cross Rate
MONDAY, AUGUST 18, 1941.
HONGKONG SHARE QUOTATIONS
·STOCK EXCHANGE.
Asyar Bellova
Bale
SHAREBROKERS' ASSOCIATION
Bigger
Boltura Swot Samina
B1345
£77
£74.
£8 15/16
$11
875
STOCKS
STOCKS
Aug. 18
Last Sal Aug. 16
**
Adama Expres
Alleghany Steel Co.
23#
651 37
Allis Chalmers
281
Glass 274*
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE).
AUGUST 17, 1941.
Laai Sale
Johnsmanville
Kennecott Copper | Libbey-Owens-Ford
MONEY AND EXCHANGE
'LOSING QUOTATIONS
AUGUST 16, 1941.
In London:-
Telegraphic Transter, 1/2 7ja Bank Billa, on demand 1/2 7/8 Credits 4 months sight
N.Y. Commodity Market
(REUTER'S SERVICE)
Previous
New York, Aug. 16.
Amer. Can
82
Locknend Aircraft
201
10 Shanghai:--
N.Y. Cotton. Oct. Chicago Wheat, Sept. Chicago Corn, Sept.
NEW YORK COTTON
78 778 7746
Close High Low Close Change 16,05 10.13 16.00 18,09 04 up
1121 1128 1031 1114
781
off
$225 $105
$180
Komian
SATURDAY
16 AUGUST.
Banks
$1365
H.K. Banks
tur
£74 £8 10/16
Charter
223
11
$70
Bank of East Aria........
Do. (Col. Reg.). Do. Lon. Reg.)...
Banka......
Mercantile Bks. "A".
Mercantile Bk. "0",
N. C. & 8, Banka......
InsuranceR
Canton InsurÄNGSA.................. Union Insurances....... 8405
Underwriters H.K. Fir........
17 ct.
175 cts.
1:1
$220
++
$185
American Cyanamid B
391
Loew's Inc
243
On demand
490
Cinsing Ranges Changes
Amer. Foreign Power
**
Martin, Glen L. Co
271*
n Singapore:-
Oct.
16.09/09
.04 up
Amer Amer, Locomotive Co
& Foreign $7 pf
211
Montgomery Ward
332
On demand
32 8/4
Dec.
10,27/27
03 up
121
National Aviation
134
In Japan:
Jan.
10.27 N
.04 up
Amer, Metals
187
Nat, Dairy Products
141"
On demand
102 1/4
Mar
16.37/37
.03 up
Amer, Radiator
6*
National Distillers..
213
In India:-
May
10.39 N
01 up
Amer. Rolling Mil
14
Nat Power & Light
53
Telegraphic
Transfer.
Amer. B'ling and R'ing Co.
411
|National Supply Corp
G**
and demand
82 5/8
July
10.33 N
.03 up
Friday's sales:-107,700 bales.
Amer Sugar Redning
181*
ew York Central ...
124
n New York:-
Amer. Tel Tel
152
Niagara Hudson Power
2
Bank Bills, on demand 24 15/16
CHICAGO WHEAT
Amer. Tobacco "B"
701
N. American Aviation
152*
Credits, 60 days' sight 25 6/8
Sept.
1614/1111
Amer. Waterworks
44
North American Co. (New)
124
On Batavia:
Anaconda Copper
217
theru Pacific
7
On demand
46 3/4
Dee. i May
115 115
I of Z off
1181/118#
1 off
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
London, Aug. 15. 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 in transmission.
Shipping
8120
Douglaser
Stormheats
890
870
#
48/0
:.
$91
:
$6.00 $16.85
-
$6.06
Atchison, T. & S. Fe.
28
rackard Motors
2
3 Parla:-
Aviation Corp.
34
Pantepar O Ven
1
Bank Bills, on demand Nom.
Friday's sales
11,686,000
£
13/
Indo-Chinas (Pref.)... Indo-Chinna (Det.)
Sholla
$0.55 Waterboats
Docks, Wharves,
Godowns, etc.
H.K. & K. Wharves.
Providents
H.K. Docks (Old)..
H.K. Docks (New)
828) +Bhangbai Dock........
Roilsos
1320
$
890
$70
48/0
B01
801
$6.00
$15,80
:
Mining
bushels
Baldwin Locomotive Co.
148
laramount Pictures
14
Credits 4 months' sight Now.
CIRCAGO CORN
War Loan, 31% (Red.
after 1952)
#71
Raabs
$281
13/0
$7.80
105)
J
2ets. Hong Kong Mines......
Baltimore & Ohle
41
Pennsylvania R.R
23A
Jo Saigon:-
Defence Loan, 3%
101
Barnsdall Ou
01
Phillips Petroleum
432
On demand
106
Sept.
774
off
¡Canton-K'loon Rly. 5%
11
Lands, Hotels and
Buildings
Bendix Aviation
37
Puliman Inc..................
272
Manila:
Dec.
803/81
? off
Chinese 41% Gold Loan
Bethlehem Steel
672
Pure Of .....
91
On demand
49 7/8
May
851/851
off
1898 (Brit Issue)......
47
@3.40 $3.60 834
HK & 8. Hotel........
$8.30
X.D.
H.K. Landa.
835
BHES & Co., EW. (com.}
151
Radio Corpn. of Am
4
On Bangkok:---
NEW YORK LARD
Bueling Airplane Co.
17
Reading Company.
Com
161*
On demana
...... 149 1/2
Chinese 6% Gold Bonds.
897
Dn. 4% Debentures.
197
20
Borg-Warner
182
Remington Arms Co., Inc.
On Sterling Notes:-
Sept. Dec.
0.77/77
unch.
1925/47
46
Shanghai Lands
$3.15
Briggs Mfg. Co.
£8%
Republic Aviation Corp.
31
Bank Buying Rate
Now,
10,118
.01 off
Chin. 44% Anglo-French
Budd M'facturing Corp
42
Repubile Steel
198
Bar Bliver per on
23 7/16
4.03-1/4
Loan, 1908
45
#101
Chinese 5% Crisp Loan
H.K. Reslties.
Rumplareya
Chinese Estates.
Cotton Mills
$3.30
86,80
+1
Canadian Pacific
41
Reynold Tobac
"B"
324
Celanese Corp.
201
Schenley Distillers
144
Chesapeake & Ohlo
37
Shell Union O
14*
Chrysler
50
Socony Vacunum OL
91
Columbia Gas & Elec.
218
Southern Pacific
138
Commercial Credit Co.
231
Southern Rly $5 pid.
294
Market Report
FROM ROZA BROS.
Saturday, Aug. 16.
1912
30
Chinese 6% Reorg. Loans
$27. 2305
Ewe (9.3.........
8374
S'hai Cottoos (8.)....!
$306
1913 (Ldn. IS.)
38
Zoong Sings (8.).......
Chinese 8% Ster. Notes
Wing On Textiles (8.))
$125
Public Utilities
Com & Southern (Ord
R
Spler Manufacturing Co
38*
Sliver prices
were not
quoted
1925 (Vickers) Chin. Imperial Rly. 5%
B
877.15
X.D. $17
H.K. Tramways $17.10 X.D.
3171
Peak Trams fold)....
Consolidated Edison Co.
172
Saanuard Brands
54
Consolidated O
52
Standard Gas & Elec.
178*
toux
Lorn Honan Rly, 5% 1905
55
13
83) X.D. 851
Peak Trama (new).......
Star Ferries...............
$50
Copperweld Steel
154*
Standard O of NJ
41
The
Curtiss Wright (C)
91
Studebaker Cora
51*
Distillers Corp. (Seagrama)
158
Swin International
224
Douglas Aircraft
681
Techniculor
91
York London/New rate was quoted at 402.1/2. York London was quoted at 1/47
$22
I'mati Ferrias..........
$22
Canada Iast
(L.P. N/Y Issue)
16
China Lights (0)......
81.30
China Lights (New)...
Du Pont de Nemours
157
Texas Corpn
414
MARKET
Eagle Picher Lead ...
Fans-America Co
41
Quiet
Elec. Antolite Co
271
20th Cent Fox Film, Com.
STERLING
Eier Houd & Share
21
Union Bag & Paper Curp
111
Elec. Bond & Share $5 pt
53"
Con Pacific
814
Bee Bond & Share $6 pf.
United Aircraft
37萬$
There were selicrs at 13 up October,
at 1/31/32 for buyers Cash
Elec, Power & Light $7 pt.
33
United Airlines Trans
funkkcte
14
United Corpn
9:16
.......
Selling
Gen Electric
311
United Corpn. $3 cum pi
234
25.1/16
Gen Motors
38
United
Gas Improvement
78
Gen. Railway Signal
14!"
US Rubber
23
(German Issue) Lung Trứng là Hel
Rly. 5%. 101S S'hal-N'king Rly. 5% Tientsin-Pukow Rly. 5%
(Brit, Stpd.) Tientsin-Pukow Rly, 5% (German Stpd.)......... Tientsin-Pukow Rly. 5%
(Brit, Stpd. Sup!, Loan) Tientsin-Pukow Rly 5%
(Ger. 8tpd. Supl. Loan)
13
$21.90 X.Rt8. $22
8211 $11.30
$21,39)
86 $1.30 R.K. Electrica (Old)... $21.90 X.R. H.K. Electrica(New)..... $21
-811年
H. Electric (Rts) $11 16
$11.20/.20
13
$186
Macan Electrics
15
Macao Electrics
$194
Sandakan Lights.....
12
$28.20
$231
Telephones (Gld)....... | $23}
$8)
Telephones (new).................] 394
Industrials
12
$30
Cald., Macg. (Ord.).8
$25
Cold,, Maog. (Pref.)B.
12
$1
Canton Icos...
175 ots.
$142
12
86,80
18
39
Gen. Tire & Rubber
124*
0.6. Steel
574
516 Nominal
$96
+
Goodrich (B.F)
18
Vanadium
24**
Goodyear Tire & Rubber
18
Valter Aircraft
Great Northern Iron Ore
Great Northern Rły, pfd
152*
Walworth Co.
5
B-15/16
74.
895
$95
13+%
3%
(1934),
26
Warner Bros. Pict
$
Great Westem Sugar
26**
Westinghouse Elec.
911
77
1941
Inter. Nickel
Inter. Paper & Power
Int. Tel & Tel. (Fon, Is.)
High
DOW JONES AVERAGE
Low Dow Jones Averages
13450 116.30 30
30.88 26.54 20 20.65 17.22 10
92.19 0.50 40 70.48 55.46 IT
Industrials
260
Woodward Iron Cor.
171
Chase National Bank
264* 304
121
National City Bank
27
13/6 4/-
$21
114
Aug. 15,
124.80
Aug. 17, 194). High Low Close 125.11 124.78 125.06
Kails
29.81
Utilities
18.20
28.85 29.77 29.80 18.36
18.25
Bouds Commodity Index
04.82
18,31 9.79
.15 up .04 up .02 up 03 off
78.60
Londin
New York
Japan
India
€42
1/-
$39
15/-
1.K. Wing On
B'hui Wing Up
15 22
Cemente
H.K. Ropes
H.E. Gort. Lesas
4% Lean
(1940) Miscellaneous
$18 Dairy Farms.... #01 Entertainmenta
1,80 Constructions (old)...e 80 cts. Constructions (now)... 18.46 Lane Crawfords.................
Nanyang Tobacco.....
Sinceres
Watsotis
CL. G. 1929G$ Bds.
$7.80 Vibro Piling
5/74 Maremans Inv. (Lon.))
Mursmana Inv. (H.K.)
Wm. Powella................. N.A. Chamicals (HK)
+Bale to Shanghai
HONG KONG TIDE TABLE
From 18 to 24 Aug. 1941.
HIGH WATER.
$14.80
88.65
2 inre : S
94
$19
604
21.65
$6.45.
#11.10
38%
$48
814
THOSE HELPFUL GERMANS!
this morning. American Silver was quoted at 34.374 for Spot.
FARM IMPLEMENT SALES
A 40 per cent. increase
cress place in sales of farm implements Hukuang Rly 5%, 1911
New and equipment in 409-- | year. Domestic sales, mainly at Hukuang Rly, 5%, 1911
wholesale prices to dealers, total- led $47,595,000 in 1940 18 CO- pared with $34,080,000 in 1939. These figures relate to the sale of new equipment and machinery only and are exclusive of parts, binder twine and motor trucks.
About 43 per cent. of the total guin in dollar volume represents increased sales of tractors, 21,444 tractors selling for $20,623,000 in 1940
to
U. S. DOLLARS
rate to Merchants at
SHANGHAI DOLLARS
SHANGHAI MARKET Opened with sellers of Sterling xt 2.7/8. Last rate received re- ported sellers at 2.55/04 for Spot. 4.8. Dollars opened with sellers at 4.27/32. The last rate receiv ed reported the market as being easler with sellers only at 4.25/32 for spot.
up 60 per cent, in number
and 40 per cent, in value from the Jap. 6% Ster, Loan, 1924 231 13,402 units sold in 1939 for $14,-Ger. 7% In Loan, 1924 5
Chartered Bank 769,000. These figures are based
returns upon
Canadian from manufacturers, distributors of goods imported from other coun- tries and mail-order houses,
Change Shanghai Exchange 1940, up 20 per cent.
K. & Shal Banking Corp. (Ldn, Reg.) H.K. & S'hai Banking Corp. (Col. Reg.)...... Chinese Eng. & Mining
(bearer) Chosen Corporation Mercantile Bark of In-
dia. $5, "C" Pekin Syndicate
While all regions of the Domi- nion shared in the improvement, the crease in Saskatchewan was outstanding, dollar sales in that ¦ province reaching $15,052,000 In from 1939.
Shai Elec, Constr. Co, This increase follows: a marked
S'hal Waterworks “A” Shanghai, Aug. 16 (Reuter).
gain in the cash Income from the
Union Insurance Melal T.T. Rates
sale of farm products in Saskát- Opening
chewan In 1839, calculated at Gula Kalumpong Rubber 15 0/2-7/8 $154,200,000 for that year and 71 Lon., Mid: & Scot., Rly. 14
Great Western. Rly.
374 4-13/16 per cent. above the 1938 figure.
National Bank of India 321 unquoted
MUCH LOWER
87/6 B.-A, Tob. (bearer) 15-7/8
Increases were also reported for Dunlop Rubber
36/3 unquoted the other
two Prairie Provinces Bristol Aeroplane 10-1/8
Business Done:~120,000 shares
H.K. Stock Exchange
Parls
Hongkong
Sterling
Sellera
Opening Closing
0/2-27/32 0/2-27/32 0/2-27/32
Co-
Baturday, Aug. 16. BUYERS H.K. Govt. 4% LoaD, 98. HK. Govt. 34% Loan (1934), 95. H.K. Govt. 34% Loan (1840), 95.
Spot ......
0/2-7/8
Aug.
0/2-7/8
Sept.
02-7/8
H.K. Banks, $1,380.
Spot
Canton Ins., $225.
Union Ins.. $405.
John N. Cummings, noted lumnist of
Philadelphia the INQUIRER, devoted most of his recent article to the effects of the German occupation of Norway. With trenchant sarcasm Mr. Cum- mings quotes statements from the Re- current laue of "Facts in view," (the Nazi propaganda or- gan in the United States) to the effect that Norway is now nearly economically gelf-sufficient
HK. Fire Ins., $185.
Docks, $15.85.
Hotels, $3.40..
Lands X.D., $34.50.
Realties, $3.15.
bo-
Chinese Estates, $101.
cause the Germans have taught the natives how to use wood-gas generators Instead of gasoline, how to live on fish, how to feed cattle with wood-cellulose or kirn it into cotton, and so on., "The supply of fish," states the Nazi publication, "greatly alleviates the food problem. Fish sausage us well as fresh and canned fish is now available in large quant Bies,"
But here Mr. Cummings um- politely burla a columnist's broad- side through this too-charnung picture of life in occupied · · Nor- Way.
"Yes, sir, the Nasty showen the Norwegians how to "wet along. Fish sausage for break-
Trams XD $17:10,
Taumati Ferries, $22.75. Lights (Old), $6, Lights (New), $1.30.
Electrics: (Old) X. Rts. $21,90, " Electrica (New). $21.25. Electrics Ris., $11,20. Telephones (Old), $23.10. Telephones (New), $850, Cements, $14.75. Ropes, $8.80. Watsons $11.· ·'
SELLERS
Hotels, $3.40. Watsons, #11.50. -..
SALES
HK. Banks 31,385. Wharvel $91}} Electrics (New), 221,30.
fast; fresh fish for lunch Watanna, $11.25.
canned fish for dinner!
"And when you take the fantily carve yourself a new
dr of pants
U.S. Dollars
$4-13/16 $4-3/4 Aug.
4-13/16 4-3/4 4-3/4 Sept. 4-13/18 Market: Quiet
Silver Duty Rate 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
India Rupee Paper
Bombay, Aug. 16 (Reuter). Govt. 34% Rupee, 38-0-0.
SILVER MARKET BOMBAY SILVER
Bombay, Aug. 18 (Reuter).
10/9
but they were much lower than Imperial Chemical Ind. 32/- Saskatchewan,
gains United Steel
percentage
|
over 1939 standing at 16 per cent. Woolworths for Manitoba and 14 per cent. for Alberts. Increases of 34 per cent. and of 37-per cent, were recorded in the Maritime Provinces Quebec respectively, whille sales in Ontario gained 42 per cent.
Although the volume of businesa transacted in British Columbia 15
Marsman Investments Western Holdings Sub-Nigel and shell Trans.
(bearer) * bld
1/6
$14
Height
Height
23/10
58/-
5/7/ 16/0 141/3
Trad.
48/9
{ ex. dlv.
UNEVENTFUL . U.S. NAVAL PATROLS WASHINGTON, Aug. 17 (Reuter) Not a 'shot has been fired, not an Axis Bag sighted," said Colonel Frank Knox, US. Secretary of Navy, at his Press conference at Raleigh, North Carolina in answer Mon. 18 to a question whether the U.S. Navy had been forced to do any shooting in patrolling the waters Wed. between the US and Iceland. Tha
Colonel Knox added: "They
Fri. 28 care keeping out of our way appar-
Sat. 23 ently and the sinking of ships in that area has stopped for some Sun. 24
LOW WATER-
Hong
Hong
g Kong
Koog
Standard Time
Standard
Time
h, m.
b. m.
[ft, in
06 06
0
130%
20 19
23 £6
Tues. 19
05 69
B
2044
42
13 44
20
08:49
08:49,
67 0031
3 6
01.09
21 02
4.4
1.
0737
07 37
21 28
06 24
21471
71 47 1456 7.41:08 07 B1 1832
13 5: 1 2
-6911
76 02:49 ::28 17
5.41 1807 09 67 78033 26′′ 28.4946, 6184811;
3 0:
reason or other."
not large compared with other HONGKONG
sections of the country, a marked increase was recorded in this pro- vince, sales of $712,600 in 1840 exceeding by 76 per cent the amount of business transacted in 1939; 2
Bales of the lage machinery group increased 40 për cent, in dollar value in 1940, gains over 1930 being recorded for all types except rod weeders, stalk cutters and horse-drawn plows, which averaged lower. There were 32,204
SHAREBROKERS":
ASSOCIATION
Volume of Business Transacted on Saturday, August 18, 1941.
AMANDA SALES AS, Watsons
500 $11.25 The total value is $3,625,00,"
SET INDO-CHINA
| plows_of_all types sold for $4,079,–
000 in Canada last year, up 34
per cent in number and 60 per STEAM NAVIGATION COMPANY ITA
[cent. invalue over the 24,108
Market Quet but steady. Or. plows which sold for $2,556,000 In
take 100 bars
Indian Mint Silver`
***82-12-0
Ready Sept, 17 Settlement Oct. 14. Settlement
62-12-6 02-19.6.
LONDON METALS
EXCHANGE London, Aug. 15 (Reuter). Tin, Standard," "Coal, Middle
258-3/8,
Of horse-drawn mouldboard plows there were 12,804 sold for $385,000 in 1940, down three par cent. in number but up one per conf. in valtto trom the preceding year. Tractor-drawn mouldboard plows increased.. 124 per cent.- in number from 1939, 10,637 such plows being sold for $1,386,800 || In 104010
There were 1833 dias plows Bold in 1940, of which 564 were horse- and 1,260 tractor-drawn,
out for a bit of air in the cuor a new dress for the old women: assuming that's permitted in "This wood fiber makes the Prico, Norwaymatead of dropping breeches and even better dresses, around the corner for five gallons ence Curmans controls all Tin, Stature, 3 Months, Middle the former po dolining ay of gas you go into the woods and supplies entering Norway, the Price, £280-5/0,
| three per cent from 1988 while
cut yourself a tree or two, Great country must get along without] Market quiet. Comitumora de the latter type was up by 72 per country, this Norway, since ' the coal for altiiør factory or house-piand moderately sative but cent. Sales of one-way disc plows Germanis took it over.
* hold use. The Naula hay there is mostly below sellers Idowe, How- or tiller combines Increased 49 "When, you're' mulin the woods plenty of wood in Norway, and if ever some sellers – give eiight per cent.« in number over (1030, cutting yoursbit some gas to run you want to run your "mills or ennonkelung. After-hours 10 tona 6.336 unkis of this type seiling for the old Jalopy you might as well | warm: your shanka, burn it at burhanged peluas-
| #1895,000 in 1940,
paraang Services for Cargo and Passengers.
TO
BWATOW SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA- SINGAPORE, PENANG and CALCUTTA SANDAKAN
HAIPHONG
All steamers bartli alongsiuo the Rookarolt Torminal: in. the ¿ Fronoh? Concassion, at. Shanghai, where passengers : and cargo as landed,
For further particulars
please apply tom