On Shanghai:----
On demand
Jo Singapore:-
On demand
In Japan:-
On demand
On India:-
Telegraphic and demand
represented
Underwear
value
of
of cotton
J New York:-
Jn Batavia:-
On demand
Knitted
to the
outerwear value of
Ja Paris:-
Jn Saigon:-
On demand
in Manila;-
On demand
On demana
Jo Sterling Notar:-
Bank Buying Hate dar Bilyer per os.
ASSOCIATION
Spraina
1/4
Quie
81420
$225 $425
$430
Union DisarmOVES
$1
Underwriters
$185
283
277
16. (Lon. Reg.)
£9
Chartered Banks
23
Mercantile Bhe "A"
Morentile Rka. "O"
876
Bank of East As
8748
NC
9. Banka Insurances
Canton hukUTANUDE
17 ct.
£83
PAGE 10-HONGKONG DAILY PRESS
HOSIERY AND
KNITTED GOODS
Hosiery and knitted goods form the third largest branch of Canadian textile manufactures. It is surpassed only by the gar- ment trades and cotton textiles chiefly primary pruducts). Ho- stery and knitted goods account for more than aue-eighth of the total textile outpat. In 1939 the output value of this industry
recorded (with which is included fabrle gloves and mittens)
The main products of the in- galu of nearly sixteen per rent
bat they embrace as well dustry consist of wearing apparel. hlankets, automobile rugs, jersey cloth, stockinette. glove and shoe haings, wristing, tubing and skirting, woven
yarh5.
porter.
a
fabrics and
Canada does both import and, the leading product of the com.
in 1939 was i and export trade in knitted goods bat bined industry
Hosiery of valued at $28,330,000. is on balance considerable ex
a
silk and of silk mixtures. chiefly The total value of production for silk, was valued at $17.374,000 and combined hostery. knitted accounted for about 61 per cent. the goods. tabr ke glove and mitten of the hostery total. bidustry Increased from $50,215,000.
The output of underwear, both
The of combination and separate gar in 1938 to 58,170,094 in 1939. 1939 value was the highest in a ments. decade not having been exceeded $12,937,000.
since the 1929 gure $61,098,000, or cotton mixtures, chiefly col
As between 1938 and 1930 the tot accounted for $7,229,000 or
de about 50 per cent of the under number of plants reporting
but the war clined from 184 to 182 capital employed rose irem $52
total
was produced 332.000 to $56,665,000; the number $9,716,000.
of employees from 20,314 to 21,484
Of the hosiery. 3,144,000 paira and the payroll from $16,353,000 were full-fashioned silk valued at to $17,899.000 while the cost of $16.714.000; 85,600 pairs were full- materials advanced from $23,429,- fashlaned without silk. valued at $281,500 and 4,766.000 patrs valued 00 $27,838,000.
The hosiery and knitted goods at $11,334,000 were seamless. Industry was the source of much Imports of hostery and knitted the greater part of the outpal goods declined trom $1,838,000 in value of knitting manufactures. Its 1938 to $1,759,000 in 1939; while ex- production rising from $49,505,000 ports Increased from $3,440,000 tr in 1938 to $57.670.000 in 1939
$8.474,000 Imports of gloves and mittens declined from $983.800 to from $860,900; but exports rose $87.100 to $77,700 Imports of kni from ted goods included a wide variety Comparison
of items. Of the hosiery exports $709,400 to $500,300; but the de creare was partly due to re-classi-silk stockings accounted for $3. Acation of products. Hostery is 099,000.
OUTPUT VALUE The output value of the fabric glove and mitter industry declined
the same
ปาร
HONGKONG SHARE QUOTATIONS
STOCK EXCHANGE,
Baytre
thellore
Nonirali
SHAREBROKERS'
THURSDAY
28 AUGUST.
Banks
$145.K. Banks......
D. (Col. Reg.)
Buyer
Finance and Commerce
MONEY AND
EXCHANGE
CLOSING QUOTATIONS
AUGUST 28, 1941,
London:-
Telegraphic Transfer. 1/2 7/ Bank Bills, on demand 1/3, 7/6 Credits 4 months' sight
Bank Bills, un demand 24 15/16) Credits, 60 days sight 2 6/8
Jo Bangkok:~~~
Markey Report
N.Y. Commodity Market
(REUTER'S SERVICE)
Tuesday's sales: 10,168,000
CHICAGO CORN
FROM ROZA BROS.
Thursday, Aug. 28. Suver prices were unchanged yesterday, the quotations remain ing at 23.1/2 for Ready and For ward. Stiver advices reported the Sept.
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
Lendon, Aug. 27. 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
35
STOCKS
Last Sale
Aug. 27
Adams Express
7
Alleghany Steel Co
24
FRIDAY, AUGUST
29, 1941.
NEW YORK STOCK EXCHÄNGE
QUOTATION
(REUTER'S SERVICE) AUGUST 28, 1941, ¦
STOCKS
Johnsmanville
Kenmecott, Copper
Last Sale
Aug. 27
67
381
Allis Chalmers ..
294
Libbey-Owens-Ford
Glass
28
New York, Aug. 27.
Amer. Can
81+
Cockheed Aircraft
281
Previous
American Cyanamid B.
40
Loew's Inc.
371
Close High
Low
Close Change
Amer. & Foreign Power
#
Martin, Glen L, Co.
274
V.Y. Cotton. Oct.
18.72
16.95
16.78 16,86
14 up
Amer
& Foreign $7 på. ...
21+
Montgomery Ward
342
Chicago Wheat, Sept. Chleage Corn, Sept.
1124
114A
1131 1133
14 up
Amer, Locomotive Co.......
142
National Aviation
01
787
77
78)
76ja
up
Amer, Metals
191
Nat. Dairy Products
16
Amer. Radiawr
61
National Distillers
223
NEW YORK COTTON
Amer. Rolling Mi
144
Nat, Power & Light
Б
460
TOct.
Closing Ranges Changes
16.86/36
Amer. Sting and Ring Co. 421
National Supply Corp.
71
14-up
62 3/1
Amer. Sugar Redning
18*
New York Central
121
Dec.
17.04/04
16 up
Amer. Tel, Tel.
1554
Niagara Hudson Power
2
102 1/4
Jan
17.00/06
.18 up
Amer. Tobacco "p"
701
N. American Aviation
16
Mar.
17.21/23
14 up
May
Tranter.
82 6/6 July
46 3/4
Bank Bills, on demend Nom. Credits 4 months' sight Nom.
17.27/28
IG up 17.23/23
16 up Tuesday's sales:-187,600 bars. First Notice Day-1/10 Last- 23, 10. NEW YORK WIDES Oct.
14.55/55 Total sales: 80 lots. First notice day:-25/11 24/12
Amer. Waterworks Anaconda Copper
**
North American Co. (New)
122
20
Northern Pacifle
7+
Atchison, T. & 9. Fe. Aviation Corp.
281
Packard Mutors
3
38
Pantepec Of Ven.
11
Baldwin Locomotive Co.
15A
Paramount Pictures
15
Baltimore & Oile
42
Pennsylvania R.R.
23₤
Barnsdall OU
104
Phillips Petroleum
444
05 up
Last-
Bendix Aviation
381
Pullman Inc.....
271
&
Bethlebem 8teel
70
Pure Oll
16
FOR
CHICAGO WHEAT Sept.
113 114
1% UD
War Loan, 3%
after 1952) Delence Loan, 3%
Red.
Bliss & Co., EW. (com.)
161
Radio Corpn. of Am.
4
105-1/16
Boers Airplane Co.
198
Reading Company,
Com
168
101
Borg-Warner
19,
Remington Arms Co., Inc.
41"
Canton K'loon Rly. 5%
13
Briggs Mfg. Co.
19
Republic Aviation Corp....
34
Dec.
1172/118
14 up
40 7/8
May
1207/121
17 up
Chinese 44% Gold Loan
Budu M'iacturing CAND.
11
Republic Bieel
201
1898 (Brit. Issue
47
Canadian Pacific
41
Reynold Tobac. "B"
321
Chinese 5% Gold Bonds.
Celanese Corp.
254
Schenley Distillers
164
148
bushels.
1925/47
45
Chesapeake & Ohto
371
Shell Union O
14
Now.
1 Бери ...
Chin. 4% Anglo-French
Chrysler
572
Sorony-Vacunum On
91
7610
:
Up
Loan, 1908
45
Columbla Gas & Elec
21
Southern Pacific
14%
23 1/2
Dec.
802 802
May
85.85
Chinese 5% Crisp Loan
Commercial Credit Co.
231
Southern Bly $5 pfa.
311
EL
1912
304
Com, & Southern (Ord.)...
#
Spicer Manufacturing Co
36
CHICAGO BYE
Dec
721/728
2 sup
Chinese 5% Reorg Loan
Consolidated Eison Co.
178
Standard Brands
1913 (Ldn 18.)
38
Consolidated Oil
6
Standard Gas & Elec.
171
May
774/773
1
up
NEW YORK LARD Sept.....
Chinese 8% Ster. Notes
Copperweld Steel
154*
Standard Ol of NJ.
421
1926 (Vickers)
10
Curtiss Wright (C)
Studebaker Com,
51
Dec
10.25/22 10.80b
06 up
13 up
Chin. Imperial Rly. 5%
Distillers Corp. (Seagrams)
17
Swift International
221
Douglas Aircraft
70
Technicolor
91
Loan
57
Dec.
little more being a markel as
Silver WES American active. quoted at 34.3/4 for Spot,
York The London-New rate was quoted at 402.12. York-London was quoted at 403 -
Cross- New
NEW YORK BLACK PEPPER
5.98b/8.02a 6.13b/17 a Last Trading day-23/9. NEW YORK COTTONSEED OIL
12 405/60R Sept. Dec. NEW YORK
13 up 15 up
Honan Rly 6% 1905
14
Du Pont de Nemours
150
Texas Corpn. ......
42#
Huk uang Riy 5%, 1911
Eagle Picher Lead
91
Trans-America Co...
44
(LP. N/Y Issue)
15
Elec. Autolite Co
281
20th Cent, Fox Film, Com.
31
Hukuang Rly. 5%. 1011
Eree Bond & Share
24
Union Bag & Paper Corp.
11
10 up
(German Issue)
13
Elec, Bond & Share $5 pr.
544
Union Pacific
81
12.28/27
17 up
Lung
Tsing & U
Hal
Elec. Band & Share $6 pt.
59
United Aircraft
41
SUGAR NO. 8
Rly. 5%, 1013
Elec. Power & Light $7 pl.
344
United Airlines Trans .....
116
13
Flintrote
3.46
United Corpn.
Sept. Jan.
2.600/69a
S'hat-N'king fly 5%.
17
02 up
2,72b/74a
.64 up
MARKET
STERLING
£77
Est
'There were sellers at 1,3 up to October, buyers 1/8.1/32 for
at
Business done:-20 lots. NEW YORK SUGAR NO. 4
1.89 0 Sept. Dec.
1.93b/94a May
1,951b/96a
Tientsin-Pukow Rly, 5%
(Brit. Stpd.)
Gen, Electric
324
Suited Corpn. $3 cum pt.
231
Gen. Motors
301
United
Gas Improvement
71
121
Gen. Railway Signal
15
Tientsin-Pukow Rly. 5%
U.S. Rubber
231
.06 up 06 up
(German Stpd.)......... Tientsin-Pukow Rly. 5%
124
Gen. Tire & Rubber
128
U.S. Steel
58
Goodrich (3.F.)
187
Vanadium
25#
.054 up
£23 Cash.
U. S. DOLLARS Selling rate to Merchants at 25. 1/18.
Last notice day:-2/9. Business done:-304 lots. NEW YORK COCOA Sept
Dee.
$230
*.54n 7.67/68
unch.
.01 up
HK. & Shai Banking
$430
Corp. (Lan, Reg.)
75 ctu
R.K. & S'hal Banking
$120
BAL
$9!!
670
11 K. Fives...............
Shipping
Douglases.....
Steambouts
$188
unch 34-3/4
Corp. (Col Rog.)
8120
4 03-1/2
Chinese Eng. & Mining
(bearer)
Indo-Chinns et
190
$0.15
$16
$3,40
23.06
930
Indo Chinas (ie: Shells
96.55 Waterhosts...
Docks, Wharvės. Godowns, etc. HK. & K. Was ver
Providenta ...... (IK, Docke 70hl HK. Docks (New)
4294 +Bhanghai Docks
13/6
Kailums
17/ Ragha
Mining
2 cls., Hong Kong Mines.......
Lands, Hotels and
Buildings
HR & 8. Hotels
R.K. Lande............ 397 Do. 4% Debentures
#2048bungbai Lands
F8.20 H.K. Realties.
87
Humphreys ...
Chinese Estates..
Cotton Mills
101
840 8305
Ewo (8)
S'hai Cottons (8.)..
Zoong Sing (8)
Wing On Textiles 18..
Pabllo Tellittes
H.K. Tramways..
890 $70 50/70
Towards the
Chosen Corporation
Mercantile Bank of In-
dia, £5, "CN
B6
Pekin Syndicate
bat Elec. Constr. Co.
28.18
#91 86.20/20... $16
S'hat Waterworks "A"
Best
13/0
$3.99
87.20 C.D.
Bristol Aeroplane
83.56
836
Woolworths ..............
$97
$3.30
$6.80
Marsman Investments.
Western Holdings
Sub-Nigel
Shell
I
* bia
::
$14.80
19
$101 4% Loan
+
+
105
$90
B1%
H
(1934)....
รับย
36%
#1P1
$16.70 817 10
$7
Peak Trams (old)
Pesk Trams (new)...
$51
Star Ferris..
$221
$1.30
$21.80 X.Rts,
$28
12
$10.00
Bil
Y'asti Ferrino,
$23
#6 06 Chisa Lights (0
Chiun Lights (Now)..
$6 $1.35
8211, K. Electrics(New
Macao Electries
$184
Bandakan.
823+
199
830
16
H. K. Flestrice (0.821.40 X.R.
H.K. Electric (tv)| 810.00)
818 Macao Electrics.
kan. Elybts..
Talephones fold)...... Telephones (now).....
Industriais
Cald., Macg,(Ord;) 8.
Cald., Muog. (Prof.)8
Canton Ices.
Cementa
HK. Ropes
H.K. Gori Lossa
823
(1040). Miscellaneous
Jairy Forim...equado
Infortaitrinants one
$1.00 Constructions.' (old).....
80 ots. Constructiona (now)....
38 45 As Crawford........
Vanyang Tolsoco... #3
lisosotro܂
Ob. G.
G#Dds,
.K. Wing Ong
849
S'hal Wing On sma
$7.90
Vibro Pilingas
0/3
Maratoniis luv: (Lon.)
1/0
| Markman Inv.' (II.K.)]
*
Wm. Powell
N.A. Chemicals (FIK)| BB],
+Bala to Bangla ki
Lu THRO
#40
SHANGHAI DOLLARS Business done early in the morn- The market closed at ing at 521. lunch time with sellers at 521.
SHANGHAI MARKET
Unofficial market. Sterling open
ed with sellers at 2.55/04 and then firmed up to 2.7/8.
close the rate was a bit easier at 2.55/84. U. S. Dollars opened-with
sellers at 4.21/32 and then rose to 4.7/8. Towards lunch time sellers were reported at 4.27/32.
AFTERNOON MARKET
Quiet.
STERLING There were sellers at 1/3 up to October, buyers at 1/31/32 for Cash.
U. 8, DOLLARS
Selling rate to Merchants at 25. 1/16.
SHANGHAI DOLLARS Sellers at 520.
SHANGHAI MARKET
Unofficial market, sellers of Ster-
ling at 2.57/04 and U, S. Dollars at 4.27/32 for Spot.
305 Shanghai Exchange
B125
Shanghai, Aug. 28 (Reuter).
OMcial TT. Rates.
$16 00
London
$49
New York
Japan
India
Parly
PAL
Hongkong
#11
76 ots
Opening
0/9-5/32
Silver Duty Rate
6-5/16
unquoted 17-1/2
nnquoted
21
The Central Bank of China's
rate on Lordon at 10 am, today was 1/2-1/24.
The Equalisation rate was 24+
per.cont
RESERVE BANK OF INDIA STATEMENT
Calcutta, Aug 27 (Reuter).
Aug. 15 Aug. 22
*
Last Notice day:-23/9. NEW YORK WOOL GREASE
93.5/93.5
Dec NY. Official Silver NY/London Cross Rate
H.K. Stock Exchange
Thursday, Aug. 28,
BUYERS
H.K, Govi 4% Loan, 180, HK. Govi. 34% Loan (1934), 98. H.K, Gart. 34% Loan (1940), 98.
. Canton Ins., 3225, Unton Ins., $425.
HR, Fire La..$185.
Wharves, $90,
Docks, $13
Providents, $0.20.
Hotels, $3.45.
Chinese Estates, $101
Trams, $16.75.
Lights (0), $6.
Electrics (0) X. Pts., 621.30. Electrics Ris., $10,90 Telephones (O), $23.
SELLERS
Hotels, $3.65.
Trams. $17.05.
Telephones (0), $23,50.
SALES
R.K. Govt 4% Loan, 101. BLK. Govt. 34% Loan, 99.
HK. Banks, $1425.
Docks, $16.10.
Hotela, $3.60
Electrics Pts.. $11. Ropes, $9.
HONGKONG
SHAREBROKERS _______ ASSOCIATION Volume of Business Transacted" on Thursday, Aug. 28, 1941. BALES
Chins Lights (N)
ing Department). 29,179 29,208 China Providents
091
941
Notes in circulation
(including Notes
held in the Bank-
$18,80
106
Rupee Coin BulionTM
in India'
8,726 3,815
old Coin and Bul-
HK. Electric - Risi
£0.40
Sécurities (Indiari
01.05
lion in Inpla 4,441 4,441 |
BILL Government) 7849 7,049
Becurities- (British
30
JAS
#14
HK Hotels
Government) 13,162 19,182 Ropes
(Figures in Lakhs Rupees).
LONDON GOLD
Longion, Aug 27 (Router). Bar Gold, Fine ber b. 168/
HK Landsai HX. Wharves
500 $1.50
500 1:50
·500
10.25
165 6:25
600 6.30
11.00
800 500 11.00 7811.00
···100 12.00 200 3.55
500 9.00. 50 14,001
20 91.00
4,000
Bain on Wednesday, 27th inst. The total value is 328729,780
SILVER MARKET
LONDON SILVEK
London, Aug. 27 (Reuter). Silver Market slightly more ae. tive with small trade demand satisfied by excess offers
Spot, 29-1/20.
Forward, 23-1/24.
BRITISH
EXPORTS
LONDON METALS.
EXCHANGE London, Aug. 27 (Reuter). Tin, Standard, Cash, Middle Price, buyers 258-1/2; sellers £267.
TO CHINA Price,
LONDON, Aug. 28. (Centra}
It is believed that the order of the
Tin, Standard, 3 Months, Middle
Board of Trade prohibiting ex- Price, buyers £259-3/4; sellers
€200. ports to China except via the Hur-
Market steady, with consumers ma Road has been made for the demand more active, especially for purpose of strengthening the hand cash and slightly increased bids
British circles in London feel met ready sellers
"After hours: Market quiet-15 that although not possessing phytons of "3-months at £259-3/4
paid.
sical means to stop Imports Into Shanghai, the Stabilisation Fund
is taking effective measures to
control the volume of such im change for unapproved imports ports by restricting exchange fact and by the inability of the Bri- Ilties extended to approved imports, tish exporters to obtain licences It is believed that the Stabilisator, unwanted merchanise. The tion Fund will secure a firm grip Fund will be placed in a strong over the bulk of China's Imports position to regulate the fapl's ex- by restricting the supply of ex- ternal exchange value,
INDO-CHINA
STEAM NAVIGATION COMPANY LTD
Operating Services for Largo and Passengers
TO-
SWATOW, SHANGHAL TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA SANDAKAN
HAIPHONG
All steators bertie alongside the Houvevolt Terminal in the French Concion 45 Shanghai where passengers and cargo are landed.
For further particulars.
please apply lo
(Brit. Stpd. Sup), Loan) Tientsin-Pukow Rly 5%
(Ger. Stpd. Supi, Loan) Jab, 6% Ster. Loan, 1924 223-25) Ger. 7% Intl, Loan, 1824 54 Chartered Bank
124
124
Goodyear Tire & Rubber... Great Northern Iron Ore Great Northern Rly, pfd. Great Western Sugar...... Inter. Nickel
19
Vultee Aircraft
74
177
Walworth Co.
201
Warner Bros. Pict.
54
201
Westinghouse Elec,
914
27+
$$
Inter. Paper & Power.... Int. Tel & Tel. (Fon, Is) 2)
182
Woodward Iron Cor. Chase National Bank National City Bank
251*
30*
27
771
DOW JONES AVERAGE
83
1943
13/6
4/-
114
High Low Dow Jones Averages
Industrials 13. 115.3 30.
Itaile 30,88 28.64 20 20.60 17.22 15 92.19 89.56 40 79.48 65.45 11
Utilities
Bonds
Commodity Index
Aug. 22, 1841. Aug. 26, High Low Close 137.87 120.80 127.08
1/-
Chauge
126,66
.62 up
30.40
30.49 30.39 39.38.
02 off
18.60
18.63 18,00 18.57
.67 up
90.64
90.72
.09 up
79.21
79.83
.79-up
Business Done: 430,000 shares
15/-
15
Union Insurance Gula Kalumpong Rubber 15 Lon. Mid. & Scot. Rly. 157 Great Western Rly. ...... National Bank of India B.-A, Tob. (bearer) Dunlop Rubber
22
414
32
85/-
35/3
10/9
Imperial Chemical Ind. 31/14 United Steel
23/6
58/-
6/3 17/-
143/9
of the Chinese Stabilisation Fand.
& Trad Trans. (bearer)
60/7/
„1 ́ex, dir.