Banks

$1280

$1406)

£78 1

Da. (Col. Reg.)

276

Do. (Lon. Beg.)

£9

bartos ad Banks

£28

Marenatile Bks. надно

PAGE 10-HONGKONG DAILY PRESS

Finance and Commerce

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE,

Карага

Selista Baun

SHAREBROKERS›

Kemical SATURDAY

Cominal

23 AUGUST.

H.K. Banks

ASSOCIATION

Bellera

Bomin

MONEY AND EXCHANGE

CLOSING QUOTATIONS

AUGUST. 23, 1941.

Transfer.1 27-

Bank Bills, on demand 1/2 7/4 Credits 4 months' sight

Adams Express

Alleghany Steel Co. Allis Chalmers Amer. Can

JOCKS

Lal Sale

Aug. 23

7

231

29

NEW YORK STOCK EXCHANGE

QUOTATION

(REUTER'S SERVICE AUGUST 24, 1943.

STOCKS

Johnsmanville

Kennecat Copper Libbey-Owens-Ford

Last Sale Aug. 23

66* 381

Glass 27*

813

Lockneed Aircraft

27+

American Cyanamid B.

307

Louw's Ind

36

Amer. & Foreign Power ..

#

Martin, Glen L. Co.

271*

> London:

Amér & Foreign $7 pi.

21*

{Montgomery Ward

341

£78

€76

Telegraphic

Amer, Locomotive Co.

13*

National Aviation

Proprietors

$20,000,000

ED

Amer, Metala

19-

£234

Amer. Radiatur ......

61

Nat, Dairy Products National Distillers

142

Head Office:-RONG KONG

22

#174 $70

Marcantile ka. "0"

£111

in Shanghai:-

Amer. Rolling Mill

1431"

Nat, Fower & Light

Bank of East Asia....

$742

et.

$75

On demand

407

Amer. S'ting and R'ing Co.

411

National Supply Corp.

Board of Directora: Hon. Mr. J. J. Paterson,

N. C. & 8. Baoks...

InsurancES

in Singapore:-

Amer. Sugar Refining

19

New York Central

12/

On demand

52 3/4

Amer. Tel & Tel.

1534

Niagara Hudson Power

21

1226

Canton InspTANCES

$230

W. H. Look, Esq.,

On Japan:-

3415

Union InterÊDZÉS.

$410

Amer. Tobacco "3"

691+

N. American Aviation

147

Chairman

Deputy Chairman

On demand

2 1/4

$1

Underwritera

76 cts.

Amer. Waterworks

4

North American Co. (New)

13

$180

11 K Pires

} India:-

Anaconda Copper

28

Northern Pacifc

71

J. K. Bousfield, Esq.,

Shipping

Telegraphic

Transfer.

K2 5/8

Atchison, T. & S. Fe.

28

Packard Motors

3

A. 1. Compton, Eag..

$1201

and demand

Douglases

$120

Aviation Corp.

31

Pantepec O Ven.

L. J. Davies, Esq.,

Hon. Mr. S. H. Dodwell,

£94

Steamibente

BRA

In New York:-

Baldwin Locomotive Co.

15

Paramount Picturea

141

$9

Jade China

870

Indo-China

(Prof.). (Def,1

300

$70

50/0

Abels

50/0

Bank Bills, on demand 24 0/16 Credies, 80 days sight 25 5/5 Batavia:----

Baltimore & On

41

Pennsylvania R.R.

23+

G. Miskin, Esq.,

K. S. Morrison, Esq.,

Barnsdall Ou

LO

Phillips Petroleum

411

Hon. Mr. T. E. Pearce,

Bendix Aviation

37星

Pullman Inc......

261

MONDAY, AUGUST 25, 1941.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

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

INDIA, AUSTRALIA

AND CHINA

Issued & Fully Paid-Up $10,000,000 Incorporated by Royal Charter, 1854

Reserve Furda:

£6,500,000 Paid-Tip, Capital

Berling

.£3,000,000

H.K. Currency Reserve $1,000,000 Reserve Fund... £3,000,000 Reserve Liability of

Reserys Liability of Pro-

prietors

£3,000,000 HEAD OFFICE: LONDON:

38, Bishopsgate E. C.2. Sab-Agencies In London:

117/122, Leadenhall Street, E.0.3. West End Branch:

14 15 Cockapar. Street, S.W. 1. Manchester Branch: 42, Mosley Street, Manchester,

AGENCIES AND BRANCHES:

ALOR STAR HONG KONG PENANG AMRITSAR JEDILU MANGKOK JPOH

КАКЛОНІ

BANGOON SALGON

SEREMBAN

BATAVIA

$6.65 Waterboate

Docks, Wharves,

Zh

On demand

46 3/4

Bethlehem Steel

684-

Pure Of

gil

Hon. Mr. A. L. Shiǝlds,

BOMBAY

KLANG

181

Godowns, etc. K&K. Wharves

Ja Paris;-

Bliss & Co., W. (com.)

164

Radio Corpn. of Am.

4

Hon. Bie Vandelour M. Grayburi,

CALCUTTA

S01

Bank Bills, un demand Nom.

Boeing Airplane Co. .....

183

Reading Company.

Com

166*

Chief Manager.

H, Ik SLADO $16.15

i

113/1

$7

Raube ......

2 cts

Providente...

H.K Docks (Old) K Docks (New) +Bhanghai Docks

ΚΑΙ ΣΑΠΑ

Mining

$16

$6.20 $6.16

18.10

Credits 4 months' sight Nom.

Borg-Warner

18"

Remington Arms Co., Inc.

44"

Branches:

*95*

Saigon

On demand

Manila:-

On demand

Briggs Mfg. Co.

19

Republic Aviation Corp.

34

TUR

duda M'acturing Corp.

41

Republic Steel

197

Amoy

Canadian Pacific..

41

Reynold Tobac. "B"

+372

Bangkok

Kobe

49 7/8

Celanese Corp.

25%

Schenley Distillers

151

Batavia

Kowloon

San

Johore Rangoon

Suigon

QUI STREET FAIRLIE PLACK CANTON CAWNPORE

CEBU

COLOMBO

ROBE

LUMPU

KUCHING MADRÁS

MANILA

T NGKAR

(Bhuket)

AGENCIES

KUALA

SANGHAL

SINGAPORE

SITIAWAN

BOURABAYA

TAIPING

YIRNTSIN

MEDAN

TSINGTAO

13/6

97.30

in Bangkok:---

Chesapeake & Ohio

38A

Shell Union 00

14

Bombay

Kuzla

Francisco DELHI

NEW YORK

YOKOHAMA

Culcutta

On demand

14%

Lumpur Shanghai HAIPHONG

PEIPING

B3 45 63,00 83

x.b.

A3A

Ti K. Landa.

7

20

$101

Hong Kong Minas

Lands. Hotels and Bandings

H.K. &. Hotels..

Do 4% Debentures

Shanghai Lands

$3.20 H.K. Keatties

37

Humphreys..

Chisca Estates

Cotton Mills

837 Rwe (8.) ..... $300

Shei Cottous 13: Zooog Bings S

Chrysler

56

Sucony-Vacunun: Oll

01

Canton

London

› Sterling Notes:--

Columba Gas & Elec.

21

Southern Pacifc

144

Chefou

Lyous

Bank Buying Rate

Now.

Commercial Credit Co

23

Southern Rly $5 pfa,

8011

Colombo

Malacca

Sungei

83.06

Bar Silver per os.

23 7/16)

Com, & Bouthern (Ord.)

2

Spicer Manufacturing Co

38*

Dairer

Manila

$26

Consolidated Edison Co.

170

Standard Brands

53

Foochow

Muar

€3.20 $0.80

8371

$308

Wing On Textiles (S

$12.

Public Utilities

$16.981715)

1.K. Tramways.

$17.20

$7

Peak Trama (old).

874

83;

Peak Trams (new

$3

X.12.

おい

Star Ferrise.

K.D. $40

$924

Y'mati Ferrina

Market Report

FROM ROZA BROS.

Saturday, Aug. 23. Silver prices were unchanged yesterday, the quotations remain- Ing at 23.7/16 for both Ready and Foward Suver advices reported the market as being steady but quiet, American Silver was quoted at 34.3:4 for Spot.

The London-New York cross- rate was quoted at 402.1/2. New York-London was quoted at 403.-

Elec. Autolite Ce

Consolidated Oil

51

Standard Gas & Elec.

176

Haiphong

Hankow

Mukden

Copperweld Steel

151

Standard Oll of N.J.

43

Harbin

New York

Qurtiss Wright (C.)

91

Studebaker Com

50

Floito

Priping

Distillers Corp. (Seagrani

189

Swift Internationa}

224

Ipoh

Penang

Douglas Aircraft

70

Technicolor

Qj*

Du Pont de Nemurs

1564

Texas Corpo

413

opened

Eagle Picher Lead...

Trans-America Co.

41

28

20th Cent, Fox Film, Com.

B

Elec Band & Share

24

Union Bag & Paper Corp

103

Elec. Bond & Share $5 pl.

54

Union Pacific

2

Elec Bond & Share $6 pi.

594

United Atreraft

301

Elec. Power & Light $7 pl.

344*

Voited Airlines Trans

10%

141*

United Corpn.

9/16

various sizes to let

Gen. Electric

31

United Corpn. $3 cum pl.

23

TRUSTEE

and

...

$6

China Lights (0),

$6.05

$6.00

1/4.

Gen Motors

30

United Gas Improvement

7

business undertaken.

$1.30

Chian Lights (New)

$1,30

$1.30

MARKET

den. Railway Signal

144*

U.8. Rubber

223

X Hts

$22

H.. Electrice (Old -

$21.90 X.R.

Quiet

Gen. Tire & Rubber

121

U.S. Steel

57

$21

11. K. Bartica New

$215

STERLING

Goodrich (B.F.)

18+

Vanadium

25

༞།;

H.K. Electric (Rs)

$164

Mono Electris

Macao Eisotrics

$12 Fandakou Lights

823

822

BRI

Telephones (cld,

Telephones (10W).

Industrials

Cald, neg. Ord.) §

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

Goodyear Tire & Rubber...

181

Vultee Aitéraft

Great Northern Iron Ore

171

Walworth Co.

5

Great Northern Rly, pid.

251

Warner Bros. Flet

5

8932

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

28

Westinghouse ĐƯỢC.

914

261

Woodward Iron Cor.

26*

Selling 25.1/16

Inter. Paper & Power Int. Tel. & Tel. (Fon Is.)

181

24*

Chase National Bank National City Bank

301*

29*

397

$96

30:

*

801

S

| Cald., Macg. {Prof.}}

St

Cautor Ices

L'ements

$16

HR Ropes

H.K

Govt. LoanS

4% van

+1934)

"

34%

U. S. DOLLÁRS

rate to Merchants at

SHANGHAI DOLLARS

175 cte Sellers at 520, buyers at 522.

$8,90

SHANGHAI MARKET

96*

819

Official rate to Merchants for Sterling at 3.5/32 and U.S. Dollars BL 5.5/18.

88 Shanghai Exchange

Shanghai, Aug. 23 (Reuter).

Omielai T.T. Bates

(1940). Miscellaneous

Dairy Farms

[ Entertainmoni/

$1,50 Constructions (old).

80 ets. Constructions

$640 Land Crawfords

$1.65

wi

$6.45

Natyatg Tobacco.

Baş

$21

Sincered

London

Francs

$112

$42

C. G.5% 1925G $Bds.

28/

New York

63

1.K. Wing On

$42

Japan

Slaa Wing On

$14

India

$7,20

Viro Piling

801

6 4

Menatas in. (L.)

Paris Hongkong

1/0

| Marsisns Inv. (H.K.

81

Wa. Powells..

Opening

0/3-5/32

6-5/16

unquoted

17-1/2

unquoted 21

Silver Duty Rate

The Central Bank of China's rate on London at 10 am, today was 1/2-1/24.

DOW JONES AVERAGE

126.00 125.70 128,91

1941

30.88 20.54 20

High Low Dow Jones Averages 133.60 116.89 30 Industrials

Rails Utilities

Aug. 22,

Aug. 53, 1941. High Low Close

Change

136.84

.07 up

30.16

18.90

Bouds

90.67

30.28 30.18 30,28 18.42 18.97 38.40 $0.81

.15 ap .14 ap .06 off

Commodity Index

79.04

Business Doner--180,000 shares

20.85 17.22 16 92.19 89.56 40

7848 55.45 IT

N.Y. Commodity Market

(REUTER'S SERVICE)

Previous

New York, Aug. 23.

Close Righ Low Close Change 16:42 16.43 10.29 16.30 .08 ber 1124 1121 1115 1117

@off. 77 TTAA 77AA7kg å off {CHICAGO CORN

Singapore BANKOW

(Peking)

Sourabaya FOREIGN EXCHANGE and General

Banking Business transacted,

Patani

Svatow

(Johore) Tientsin

Tokyo Tsingtao Yokohama

CURRENT ACCOUNTA

in FIXED

Dr. LOCAL CURRENCY and POETS received for one year or

shorter periods in Local and other Currencies on terms which will be quoted on application.

CURRENT ACCOUNT opened and FIXED DEPOSIT received for One Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.

SAVINGS ACOUNTS also opened in Local Currency and Sterling with interest allowed at rates obtainable on application.

The Bank's Head Office in London

undertakes Executor and Trustee business, and claims recovery of British Income Tax overpaid, ou

SAFE DEPOSIT BOXES of terras which may be ascertained at

any of the Agencies and Branches

W. H. EVANS THOMAS,

Manager.

EXECUTOR

Hongkong, 28th July, 1941.

HONGKONG SAVINGS

BANK

The Business of the above Bank is conducted by the HONGKONG & SHANGHAI BANKING COR

PORATION. Rules may be ob- tained on application.

For the HONGKONG & SHANGHAI BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong, th Feb., 1839.

THE CHASE RANK

BANK OF EAST ASIA, LIMITED

5,598,000.00

Authorised Capital $10,000,000.00 Paid-Up Capital Reserve and Undivided Profits .............

2,953,261.60

Head Office:-HONG KONG

No. 10 Des Voeux Road, Central

Board of Directora : HON. SIE SHOUSOS CHOW, Chairman Li Koop Chan, Esq

Jal Late Sang, B Kwok, Esq Wong Chu Sou, Bre Woagun Tong, Esq Fung Ping Wab Eq. KAN TONG Po, Esq, Chief Manager HON, M. Lt TBE PONG, Manager

6. QUEEN'S ROAD, CENTRALF.

HEAD OFFICE

Branches and Agencies:

Kowa

18, PINE STREET,

NEW YORK. An American Bank offering com- plate Foreign Banking Service In the principal Markets of the world.

may

Batavia

Bambay

Manila

Daketle

Haiphong

Nagtaka

Hankow

Now Tork Beattle

Doolalu

Patte

SAFE DEPOSIT BOXES

Thie Bank is a subsidiary of The Chase National Bank, New York, with Resources of over C.S.8:3,800,000,000.

b. L. BALLANTYNE,

N.Y, Cotton, Oct.

Chicago Wheat, Sept.

Chicago Corn, Sept.

NEW YORK COTTON

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

Oct.

16.36/36 .06 off

Closing Ranges Changes 'Sept....... 77/77

Dec. 807781

1 off

1 off

Dec.

16.55/55

.08 of

May .. 848/847-

Jan

16.55/55

09 off

CHICAGO RYE

Mar.

16.78/72

04 off Dec.

7130

2 off

12th June 1941.

May

18.74/74

02 off May,

***... 76/70

off

5.00 off

NEW YORK LARD

Sept.

10.15b

10 otr

0% off

NY/London Cross Rate

4.03-1/4

N.A. Chemicals (HK)| #64

+Bals to Shanghai

LONDON STOCK |HONGKONG

EXCHANGE

(KEUTER'S SERVICE)

London, Aug. 22.

The following quotations are the

SHAREBROKERS

ASSOCIATION

Volume of Business Transacted Saturday, Aug. 23, 1941,

SALES

middle prices at the close of the H.K. Electric Rights.. 34 $11.00 market in London. Ail quotations

H.K. Stock Exchange

July............ 18.85/65

Friday's sales:08,000 bales.

First Notice Day1/10 Laat

·29,107

CHICAGO WHEAT

Dec. 10.608

33

11.00

are subject to confirmation and ne H.K. Tramways ...200 responsibility is assumed for ekzorá

17,10

Saturday, Aug. 23.

BUYERS

100

17.10 HK. Govt. 4% oan, 97,50.

Sept......

1117/112

in transmission.

200

War Loan, 91% (Red.

after 1952)

Star Ferries X.D., A.6. Watsons

100

17.00 H.K. Govt. 34% Loan 1934, 96.50. 49.50 HK Govt, 34% Loan 1940, 96.50

Dec.

1157/1159-

off off

May

118 118

2 off

200

11.25

Friday's sajes:

9,780.000

HK. Bank, $1,410.

105-3/16 101

300

bushels

11,25

Canton In... $225,

Union Ins: $415.

1,167

H.K. Fire Ins., $185.

HK Steamboats, 38.50.

Defence Loan, 3% Canton-K'loon Rly. .6% 13 Chinese 44% Gold Loan

1898 (Brit. Issue) *** 147 Chinese 6% Gold Bonds.

1925/47

Chin. 44% Anglo-French

Loan, 1008

The total value is $19,842.00.

Jap, 4% Ster. Loan, 1924′ 23

Docks, $15.90.

-Providents, $6,10.

LONDON METALS

·EXCHANGE London, Aug 22 (Reuter).

Middle Tin Standard. Cash,

Price, 2256-3/8.

Bobe

London

Penang Blogapore Rangoon Sonrabaya Balgon Svetow

Malboran Ban Bran. Byüzey

ciFoo Tientoin

Vancouver

Barang

Pelping Shangha

Every description Banking and Exchange business transacted. Loans gratited on approved securities,

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

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

Tin, Standard, 3 Months, Middle

| Price: £259;7(B...

There was little fiquidation of eash while bids for 3 months" were mostly below sellers Umits. with buying interests limited. unchanged After hours, prices with no business.

INDO-CHINA

SAFE DEPOSIT Boxes To Ler.

KAN TONG PO, · Chief Manager.

BANK OF CHINA

Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE

BANK

STEAM NAVIGATION COMPANY LTD PAID UP CAPITAL $40,000,000.00

Electrics (Old), X. Rts.. $21.80. Oporating Services for Cargo and Passangers

Telephones (New), $8.50, Dairy Farms, $18.75.

SELLEES

Trams, $16,90.

Yaumati 'Ferries, $23.75.

Ger. 7% Intl, Löan, 1924 5§

Chinese, 6 Crisp Loan

1912

Chartered Bank

Lights (Old), BOLAA

Lights (New),. $1.30,

301

Chinese 5% Recrg. Loan

1913 (Lan. Is.)

H.K. & Shal Banking

Corp. (Lan, Reg.)

70

Telephones (OM), $23.

HK & 'hai Banking

Chinese. 8% Ster. Notes

Corp. (Col. Reg.)

Chinese ing, & Mining

1925 (Vickers)

Chin. Imperial Rly. 8%

(Bearer)...

19/0

Chosen Corporation

. 4/-

Docks, $18,16.

Loan

***

57

Mercantile Bank of In-

Honan Rly. 6% 1005

14

Hakuang Rly. 8%, 1011

dix, 25, 0.

(LP. NAY Irgue)

15

Pekin Syndicate.......

S'hat Eleo, Constr. Co. 13

Hukuang Rig. 5%. 101I

S'hai Waterworks "A"-

15

(German Issue)

HK Banks, $1,420.

Lurg. Taing Hai

Union Insurance

22

Gula Kalumpong Rubber 15

Trams, $17.10-17.

Rly. 6%. 1913

sha N'king Rly 6% Tienstain-Pukow Rly 8%.

124

(Brit, Stpd.) may 13] Tiental PukoW BY 0% ET

(Gorman Bipd)" Tientsiri-Pukow fly 6%

(Brit. Btpd. Bupl Loan) 13 Tióntain-Pukow, Tly. 5%

(Cer, Stpd Bupi Loan) 121.

M

Lon., Mid. & Scot., Rly, 15

Great Western Rly.

40

National Bank of India. 321

| BL÷A," Ton, (bearer)

04/43

Mermoan Investments

0/3

Dunlop Rubber

35/0

Woolworths

Bristol Aeroplane, 1079 Imperial Chemical Ind. 31/11. United Ateol

29/0 07/8

Western Holdings Sub-Nigel

∙146)

| Bholi TraiÚN, DE

(benter,

48/14

TO.

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

Bud TIENTSIN

Trams. $17.15.

Telephones (Old), $23,50. Watsons, $11.40.

SALES

KOBR and OSAKA

SINGAPORE, PENANG and CALCITTA

'BANDAKAN-

HAIPHONG

All stesmore burth alongside the Roosevelt Torminal in the French Condensiun att Shanghai, where pausongore and onego are innded..

For further partionlara

please apply to

Watsons, $11.35

(BRANCHES ALL OVER CHINA) Owing to our numerous. Branckes in China and connections in the prindipal Commercial Centres of the World, we are able to extend to our Clients special facilities for Domeatio and Foreign Banking and Exchange.

Head Omer--SHANGHAI Hong Kong Branch":

4, QUEEN'S BOAD" C. South China Offices:

KONGMOON TOIBHAN

CANTON

SWATON BKIUCHOW KINGOHOW

* We also handla the Iraue of Bonds and other Bullie Fünds of. Alt Chinese Government both at Home and Abroad

AHOU CIEN

નવમ

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