STOCKS

Last. Sale

STOCKS

Laat 9al

Aug. 21

Aug. 21

PAGE 10-HONGKONG DAILY PRESS

FOREIGN MARKETS & QUOTATIONS

NEW YORK STOCK EXCHANGE

QUOTATION

(REUTER'S SERVICE)

AUGUST 22, 1941,

MONEY AND N.Y. Commodity Market

EXCHANGE

CLOSING QUOTATIONS

AUGUST 22, 1941.

'n London:-

(REUTER'S SERVICE)

1 hy ' MON Previous

Close High

SATURDAY, AUGUST 23, 1941.

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE,

Bayer Sellers

$1390

Chartered Banks ......

SHAREBROKERS- ASSOCIATION

Balee Nemical

FRIDAY

Buyer

Bellar

Boy! Fomina

22 AUGUST.

Banks

H.. Banks.........

$1390

+

**

£78

Do.. (Col. Reg.)

£70

Do. (Lon. Reg.)

£76

20

6231 Mercantile Bks. "A".

£231

Mercantile Eks. “C”.

£11

$76

Adama Expresa

T

Alleghany Steel Co

234

Allis Chalmers

291

Johnsbanville

Kennecola Copper Libbey-Owens-Ford

661

381

23 Glass

Telegraphic Transfer. 1/2 7/4 Bank Bilis, on demand 1/2 7/8 Credits 4 months' sighi

N.Y. Cotton. Ort.

16.50 10.64

Low Close Change 10.27 16,36 20 off

Chicago Wheat, Sept. Chicago Corn, Sept.

113

113

771

776

1124 112

77

of

$225

771

2 off

$410

Amer. Can

82)

Lockheed Aircraft

278

in Shanghai:--

NEW YORK COTTON

$180

Amer

American Cyanamid H

Ame & Foreign Power

& Foreign $7 pt

301

Loew's Ine

368

On demand

.... 460

Closing Ranges Changes

Martin, Glen L. Co.

271

in Singapore:--

211

Montgomery Ward

341

On demand

62 3/4

Oct.

16.36/36

20 off

Amer, Locomotive Co.

13

National Aviation

91

in Japan:-

Dec.

16,56/57

,20 off

Amer. Metala

19*

Nat Dairy Products

14

On demand

1-2 1/4

Jan

18.56 N

.20 of

Amer Radiator

National Distillers

224

In India:-

Mar.

16,70,70

18 off

An. Rolbag Min

114

Nat Fower & Light

Telegraphie

Transter.

Amer. Sting and Ring Co

418

National Supply Corp.

7!

and demand

182 6/8

May July

16.70/70

19 of

24 off

Amer, Sugar Refining

182

New York Cential ........

123

On New York; -

Amer. Tel,

Tel.

1521

Niagara Hudson Power

21

Amer, Tobarco "B"

69

N American Aviation

16

Bank Bills, on demand 24 15/11 Credise, 80 days' sight in 5/3

Amer. Waterworks

44

North American Co. (New}

12#

in Batavia-

Anaconda Copper

211!

Northern Pacific

71

On demand

46 3/4

Atchison, T. & S. Fe.

272

Packard Motors

3

Paris:-

14.56b/60a

10 up

LONDON STOCK

EXCHANGE

London, Aug. 21. 16.59/59

The following quotations are the Wednesday's sales:-152.600 bales.middle prices at the close of the

First Notice Day-1/10 Last-market in London. All quotations 23,10.

are subject to confirmation and no responsibility is assumed for errors NEW YORK RIDES

| la transmission. Dec.

8120

$90

$70

(REUTER'S SERVICE)

#91

$6.05

#6 15

816

Aviation Corp.

34

Pantoper 0 Ven.

Baldwin Locomotive Co.

154

Paramount Pictures

148

Bank Billa, on demand Nom. Credits 4 months' sight Nom.

£

Baltimore & Ohly...

40

Pennsylvania R.R

23

In Saigon:-

Barnsdall 011

91

Phillips Petroleum

443

On demand

108

Total sales.-89 lots.

First notice day-25;11 24:13.

Last

Bendix Aviation

371

Pullman Inc

27&

D Manila:

CHICAGO WHEAT

Bethlehem Steel

081

Pure O

94

On demand

49 7/8

War Loan, 34%

after 1952) Defence Loan, 3%... Canton K'loon Rly. 5% Chinese 4 Gold Loan

(Red.

13/K 371

105-3/16 101

13

83.40 $3.65

-41

Sept

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

161

Radio Corpn. of Am

4

On Bangkok:---

Boeing Airplane Co

182

Reading Company

Cam

16#

On demana

148

Dec.

112/1124 116/1181

å off #off

May

Borg-Warner

182

Remington Arms Co., Inc

48*

Jo Sterling Notes:--

119/119) # oft

1898 (Brit. Issue) Chinese 6% Gold Bonda

1925/47

47

45

::

120

Briggs Mfg. Co.

9.

Repubile Aviation Corp

3

Bank Buying Rate

Nom.

Wednesday's sales:-15,887,000

Chin. 44% Anglo-French

#7

Budd M'facturing corp

41

Republic Steel

194

Bar Silver per or

23 7/16

bushels.

Loan. 1008

45

$101

E

Chinese 6% Crisp Loan

Canadian Pacific

Reynold Tobac

"B"

324

CHICAGO CORN

Celanese Corp.

254

Schenley Disters

16

Chesapeake & Ohio

374

Shell Union Oll

14

Chrysler

58

Socony-Vacunum Ol

90

Columbia Gas & Elve

23

Southern Pacific

13

Commercial Credit Cu

23

Southern Rly s pfd.

30

Com & Southern Ord

&

Spicer Manufacturing Co

37"

Consolidated Edison Co.

17A

bandard Brands

54

Market Report

FROM KOZA BROS.

Silver prices

yesterday, the quotations remaining Dec.

1012

30,

Friday, Aug. 22. were unchanged

Dec. May CHICAGO RYE

Sept....... 7777 802/802

$37

off Chinese 5% Roorg. Loan

8305

X.D.

60/0

Asia......

N. C. & 8. Bauka..... Insurances

Canton Insurances. Union Insurances... Underwriters.................

H.K. Fire....

Shipping

Douglases

Indo-Chinas (Prof...

Indo-Chinas (Det.)

Shells

86.55 Waterbesta...

Docks, Wharves. Godowns, etc.

11. K. & K. Warves

Previdants

H.K. Docks (old).

H.K. Doaké (Now}

228 +Shanghai Docks

Mining

Kailang

Raubend

2 cla. Bong Kong Mits

$30

Lands, Hotels and

Buildings

H.K. & 8. Hotel,

H.K. Lands

$976 Do. 4% Debentarce...

Shanghai Lande.

$3.20 H.K, Realties

Humphreys ....

Chinese Estates......

Cotton Milk

Ewo (8.) .......

'bai Cottons (8.)..

Bank of East

874)

STO

17.ck

$880

#410

176 ot8.

-:

$186

Steamboats

::

8120

BAL

390

$70

60/0

064

391

$0.20 60.15

818.10 $16.16/18

$29

13/0

87.80

:

$3.65

$85

BUTA

$2.80

$8.80

237

$305

off

85A

1913 (Lan, 18.) off Chinese 8% Ster. Notes

1925 (Vickers)

38

Zeong Bings (8.)......

יי

Wing Ou Tertiles (8.)

$125

Public Utilities

10

a: 23.7:16 for

both

Ready and May

7130 7620

i off

Chin. Imperial Rly. 5%

17年

1

off

Loan

67

Consolidated Oil

53

Standard Gas & Elec.

17

Copperweld steel

15#

Standard Oil of N.J.

432

Curtiss Wright C)

9

Studebaker Cum

51

Distillers Corp. (Seagrama)

16*

Swift International

224

The London, New

Sept

York cross- Dec.

Douglas Aircraft

70

W'echnicolor

Dj

Du Pont de Nemours

1688

Texas Corpn.

42

Forward American Bilver was NEW YORK LARD quoted at 94.3/4 for Spol.

rate was quoted at 402.12. New NEW YORK BLACK PEPPER York/London was quoted at 403 -

Honan Rly, 5% 1905

14

I.D.

16gg

11.K. Tramways,

$17.20

Sał

Penk Tram

Peak Tram

(old)...

(new)........]

Hukuang Rly. 6%, 1911

8221

Y'mati Ferries.

Star Ferrion...

K.D.

$23

10.02b

.1. 10.425

02 up

(L.P. N/Y Issue)

15

5.95

China Lights (0)......

80

.05 up

Hukuang Rly. 5%, 1911

$1.30

China Lights (New)...

$1,30

German Issue)

13

X.Rta $22

H. K. Electrica (Old... 321.90, X.R.

$22

Sept

Eagle Picher Lead

Trans America

Co

40

1/4.

Dec,

Elec Autolite Co.

294

20th Cent, Fox Film, Com

$1

Elec Bond & Share

24

Union Bag & Paper Corp

101

Quiet

Elec. Bond & Share $5 pi

544

Union Pacifie

81*

MARKET

STERLING

5.84 '84 .17 off 6.95b/6.00% 19 off

Lung Tsing & U

Hal

8211

H.K. Mectrics(New).....

$11

HK. Electric (Rts)

Rly. 5%, 1912

$184

Macho Electrics

S'hai-N'king Rly. 5%.....

Elec Bond & Share $6 pt.

584

United Aircraft

40

Elec. Power & Light $7 pf

35

United Airlines Trans

11A

October, buyers

There were sellers at 1/3 up to Sept.

at 1/3.1/32 for Dec.

Last Trading day-23/0. NEW YORK COTTONSEED OIL

.03 up 12.20b/28a 11.75b/78a .D1 off

Fintkote

14;

United Corpo

9/16

| Cash.

Gen. Electric

32

United Corp. $3 com pí.

234

Gen Motors

38%

United

Gas Improvement

71

Gen. Rallway Signal

142

U.S. Rubber

24

U. S. DOLLARS Selling rate to Merchants 25.1/16.

at

Sept. Dec.

Gen. Tire & Rubber

124*

U.S. Steel

56)

May

NEW YORK SUGAR NO. 4

1.88n

.01) up 1.92/924 .004 up 1.94/944 .00 up

Goodrich (BF.)

18

Vanadium

25

Goodyear Tire & Rubber...

LBB

Vultee Afrcraft

71

Great Northern Iron Ore

174

Walworth Co.

5

SHANGHAI DOLLARS Sellers at 515, buyers at 520,

SHANGHAI MARKET

Last notice day:-2/9. Business done: 431 lots.

H.K.

NEW YORK COCOA

Great Northern Rly, pid

28

Warner Bros. Pict.

5

Great Western Sugar

26

Westinghouse Elec,

014

Inter. Nickel

20%

Woodward Iron Cor

261*

Official rate to Merchants Sterling at 9.5/32 and U.S. Dollars at 5.5/16.

tor

Sept. Dec.

1.6In 7.54n

01 off .08 c

Inter. Paper & Power Int. Tel.

3T

Chase National Bank

30*

Tel. (Fon, La.)

23

National City Bank

27*

AFTERNOON MARKET

Quiet.

Dee

1941

DOW JONES AVERAGE

High Low Dow Jones Averagos

133.00 715.30 30 30.89 26.54 20 20.06 17.2215 92.19 89.58 40 79.48 $5.45 11

Industrials

Rasila Utilities Bonda

Aug. 22, 1941. Aug. 20, High Low Close

12601

126.42 126.7% 125,99

30,21

30,41 30.19 30.1

,00 up

18.36

18.31 18.21 18.25

.10 off

Commodity Index

90.68 79.15

00.72 78 79

Business Done:-890,000 shares K

Selling

U. S. DOLLARS to rate

Merchants at

BANK OF ENGLAND

LONDON, Aug. 21 Reuter).

Public Deposits

Other Deposits:-

Bankers

98,130

Aug. 21 Aug. 14

(000's Ommitted)

35,620 37.670

102,010

Shanghai Exchange

Other Accounts

39,320

48,640

Total

135,460

151,280

Government Securities

162,200

161,950

Other Securities:-

London

Discounts and Advances

6,250

6.470

New York

Securities.

18,840

19,810

Total

25.090

26,280

Japan

Notes and Coins

13,700

16,620

Indla

Parls

Total Bullion

1,970

1,990

Notes in circulation

688,180

mutilated

Hongkong

Ratio of Reserve to Liabilities.. Price of Gold at which holdings

are valued

8.53%

6.89%

108!-

168/-

SYSTEM

STERLING

Last Notice day:-23/9.

-NEW YORK WOOL GREASE

There were sellers at 1,3 up N.Y. Official Silver

to October, buyers at 1/3.1/32 101 NY./London Cross Rate .02 up Cash,

Change

09 up 25.1/16.

.38 off

SHANGHAI DOLLARS Sellers at 515, buyers at 520.

SHANGHAI MARKET

Official rate to Merchants

H.K. Stock Exchange

Friday, Aug. 22. Hongkong Banks have registered

a considerable rise during the week, Dunlop Rubhar

for Sterling at 3.5/32 and U. 8.opening at $1,355, buyers paid $- Bristol Aeroplane............... Dollars at 6.6/16.

Tientsin-Pukow Rly. 5%.

(Brit, Stpd.)

Tientsin-Pukow Rły. 5%

(German Stpd.) Tientsin-Pukow Rly. 5%

(Brit. Btpd. Supl. Loan) Tientaln-Pukow Rly 5%

Ger. Stpd. Sup). Loan) Jap. 6% Ster. Lean, 1924 Ger. 7% Intl. Loan, 1924 51 Chartered Bank .....

Banking

S'hal & Corp. (Lan. Reg.)

H.K. & S'hal Banking

Corp. (Col. Reg.)

Chinese Eng, & Mining

(bearer)

12

Chosen Corporation

* * * **EN 5 5 5 5

Macao Electrier

$122

Sundakan Lights.

$23

Telephones (old)............

Telephonos (new)..

Industrials

$30

Cald., Macg. (Ord.) .,

8z5

Cald., Macg. (Prof.)

$1

Canton Ices.........

75 obs

815

'ements

816

121

$39

K. Rope

$8.95

204-231

H.K. Govt Los

590

4% Loan

$956

131%

(1934)..

94)

Sen

134%

(1840)

::

$182

#01

Miscellaneous

Dairy Fazon..

Entertainments

$19

$84

$1.60 Constructions (old)....

$1.65

60 eta. Constructions (naw)...

13/8

36 45

Lane Crawfords.........

$0.45

4/-

Nanyang Tobacco.......

92,0b/93,2a

I up 34-3/4

Mercantile Bank of In-

dia, 85, "C" 4.03-1/4 Pekip Syndicate

Sinceres

821

114

Wetsons

1/-

$42

Cl. G.5% 1925G $Bds.

28°

$29

.K. Wing On

$42

S'hai Elec, Constr. Co.... S'hat Waterworks "A"

15/-

S'hai Wing Up

[5

Union Insurance

22

Gula Kalumpong Rubber

15

1/6

Lon, Mid. & Scot., Rly.

152

814

Great Western Rly.

411

National Bank of India B.-A. Tob. (bearer)

32

85/77

36/-

10/9

Opening

RETURNS

FEDERAL RESERVE

NEW YORK, Aug. 21 (Reuter).

Bills Bought.

U.S. Securities held

Federal Reserve Ratio

Federal Reserve Credit Outstand-

Ing

Monetary Gold Stocks... industrial Advances

OIL PRODUCTION CONTROLLED

American oll production Wah

1940 Aug. 15

1941 Aug. 14.

Omitted)

1941 Aug. 21

(100's

$

2,495,000 2,247,000* 20,889,000 22,703,000 8,545,000 0,270,000

$

2,446,000 2,184,000 2,184,000 89.30% 91.22% 91.11%

2,272,000 22,710,000 0,586,000

$

American production was cur- talled to 3,800,000 barrels a day to prevent over-production, he said.

Transport of oil by tankers and

drastically controlled at prosent, not production represented the

but it necessary untold quantities, taken from the fields, could be

aid Mr. Leo Ranney, American export, in Australia.

biggest problem at present.

Immediately after a elvic rocop- tion at the Town Hall, MeвSTH. Ranney and Fairbank left Mel- bourne for Lakoa Citranon,

Af Lakes Entrance 150,000 ga1- With Mr. Charles Fairbank, an- otner American oil expert, Mr. 1ons of oll had been obtained, sald Ranney has come to Australia at Mr. T, Patersoli

Shanghai, Aug. 29 (Reuter),

Official T.T. Rates

Silver Buty Rate

0/3-5/32 5-5/16 unquoted 17-1/2 unquoted 21

The Central Bank of China'a rate on London at 10 am, today

| was 1/2−1/2

The Equalisation rate was 24-1/4 per cent

India Rupee Paper

Bombay, Aug. 21 (Reuter), r Gov. 34% Rupee. 96-0-0.

SILVER. MARKET LONDON SILVEK-

London, Aug. 21 (Reuter). Silver Market very quiet with no business.

Spot, 23-7/104. Forward, 29-7/10d.

BOMBAY SILVER Bombay, Aug. 21 (Reuter), Market Quiet but stendy. Of. take 50 bars.

Indian Mint Bilver Ready montana 02-13-3 Sept. 17 Bettlement....B3-13-0 Oct. 14 Bellemerit 02-14-0

BROKERS

LOANS

New York, Aug. 21. (Router). (M.H.N., GIDDE- Loanis nei socurities to brokers in the Invitation of the Commbu land). Of this, 40 per cent, was New York:-- wealth dovernment to investigate diesel fuel, 48 per cent, lubricating the potentialities of the Lakes oll and 15 per cent. mitumen, for

which there was a reddy sale. Eritratice bilffolds.

Wk-ended Wk-ended WK-endea 18/0/4014/8/41 21/0/41 3976,000,000 $328.000,900 #817,000,000

Heavy Investments remain in Marsinan investments

re- Western Holdings demand, without any deals

been There has ported

mo-Sub-Nigel derate activity in the lower priced issues, though at the close the market has turned a shade quieter. BUSINESS DONE DURING

THE WEEK,

HK. Bunks. $1385. $1390, $1400. Canton Ins., $230,

Union Ins., $420,

Wharves, $91,

Docks, $16.10, $16.

Frovidents, 36.10, $6.10. $6.15. Hotels, $3,60 $34. Lands X.D., 235. Realties, $3,20, Tramways, $171.. China Lights (0), $8, China Lights (N-, $1,30, Electries (O), X, Rts., $22.

Electrics (N), $21,30..-

Electrica Rts., $114.

Macao Electries, $18. Cements; $15. Watsons, $114. $11, $114.

QUYERS

HK. Govt. 4% Loan, 96. HK. Govt. 34% Loan (1934),

95,50.

HK. Govt 94% Loan (1040),

05.50.

H.K. Banks, $1400. Canton Ins, $220. Union Ins., $410. HK. Fire Ins., $186. HK. Steamboats, $8.50 Providents. $0.03/ Chinese Estates, "$101. Lights (N)) $1.30, Electrics (0) X Rts, $21, Telephones (0), B23, Entertalomento, x0.50,

SELLERS

·Hobela, '$9,602) Trum, $17.95

Electrics Rts., $11.25. Telephones (0), '$23,50.

SALKB

H.K. Banks, $1400 Canton 185., $230. Hotels, $350,

Macao Electrică, $18.50. Watsons, $11 25.

LONDON GOLD

London, Aug. 21 (Reuter). Bar Gold, Fine per oz., 168/-

"Bales on Thursday, 21st Inst The total value is $28.745.75;

INDO-CHINA

STEAM NAVIGATION COMPANY LTD

Operating Services for Cargo and Passengere

TO

SWATOW, BHANGHAL, TSINGTAU, CHEFOO

and TIENTSIN.

KOBE and OBAKA

SINGAPORE, PENANG and CALCUTTA

SANDAKAN

HAIPHON

Alf atcambre berth alongsirie " the Roosovbl Terminal in the French Concassion at Shanghai, whore passengers and cargo are landed,

For further Particulara

please apply tờ...."

JARDINE I

385 before shares were available, Imperial Chemical Ind. $1,400 has since been paid and United Steel buyers are still in evidence.

31/73

2319

Woolworths

68/-

6/3

Tin, Standard;

Cash,

Middle

$7.20 Vibro Piling

6/2

Marsmans lov. (H.K.)

Tm. Powells...

N.A. Chemicals (HK)

+Bale to Shangbai

LONDON METALS

EXCHANGE

London, Aug. 21 (Reuter).

HONGKONG

SHAREBROKERS

ASSOCIATION

Volume of Business Transacted

Marsmons Inv. (Lon.}}

17/3

Price £258-3/4.

oo Friday, Aug. 22, 1941.

145/-

Shell Trans. & (bearer.....

Trad.

Tin, Standard, 3 Months, Middle Price. £259-3/4.

SALES

Chinia Lights (0)

*500 6.05

50/-

• bid'

tex. div.

Market very quiet. Little, de- mand while sellers were very re-.

*484

6.05

331

6.05

served. After hours prices un-China Providents changed and no business done,

1,000

0.15

Canton Ins.

13

230.00

AS. Watsons

500 11:25

Macau Electrics. H.K. Telephones (0)

*200

100 23.25

18.50

3,118

4

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