Spot
Raw Sugar Futures (Contract No. 3)
Sept
Jan
in Shanghal:-
MBI.
On demand
480
May
July
On demand
... 52 3/4
On demand on India:--
172 1/4
Raw Sugar Futures (Contract No. 4)
Telegraphuc and demand On New York:---
Transfer.
8£ 6/8
Dec Mar.
Мну Juty
ju Batavia:-
On demand
Tols
.... 46 3/4
B. bid
ines
mest
defence articles which delivered Cargo vessels have been fighter planes
the United Stoles tracts have been concluded during supplied by Maritime Commission to carry the the past unarter reinforce the needed goods over the long voyage Chinese Air Force To advise and
Rangoon
a fleet of medern On Paris:-
Lep-Lease" con.
A-asked WINNIPEG WHEAT
in
Bank Bilis, on demand Now. Credits 4 months' sight Now. Salgon:---
PAGE 10-HONGKONG DAILY PRESS
AMERICAN AID TO CHINA DETAILED IN 32-PAGE REPORT TO CONGRESS
President Roosevelt on Monday submitted
FINANCE
FOREIGN MARKETS
しゅう
MONEY AND EXCHANGE
a 32-page report Congress revealing that more than $190,000,000 worth of war supplies countries fighting future plans for further aid to China and other the Axis Powers ander the Lend-Lease Programme and future plans for further ald to Ch na
outlining
The President reported that the Administrating is preparing a programinie to help the Chinese to strengthen their air force.
Lend-Lease
SUGAR PRICES | LONDON STOCK
New York, Sept. 17 Reuter
NEW YORK SUGAR
Raw Sugar Centrifugal, ship- CLOSING QUOTATIONSent from Cuba, o & f. New York.
duty free:-
SEPTEMBER 18, 1941.
Pro
Jn London:-
Telegraphic
that the President Roosevelt also disclosed
De Yunnan-Burma Railway gramme had supplied equipment for and the Burma Road in order to speed the flow of arms and ma terials to the "heroic Chinese people."
10
way
Transfer
Bank Bills, on demand /NZ/A Credits 4 months' sight
Ja Singapore:--
limitless virtually has materiais, China addition America is furnishing China with manpower which built the Burma medicine and technical assistance Road unaided and is now harnes- to Big malaria, while a nitary led to the Lend-Lease equipment
Lo and materials in the tremendous on Japan:- is being dispatched missien China in connection with supply-job of pushing a rail road through Yunnan Under the direction of Ing Lend Lease and
In special
concerning the United States Public Healin! see Lions American ald to Chira. President Service, a mission has been sent
in the Roosevelt reported
Castle proter! the lives and health of
of China as with Britain, one of the workers on the vital project the major tasks has been to im
prove. extend and make
long Communication
"Protection of China's highways semure railroads. her air felds and cities over from wanton Japanese aerial t-
betuk requires
Bank Billa, on demand 24 16/16 Credits, 80 days' sight 26 6/6
Sales for the day-16 lots
Volume of business donr:--384
EXCHANGE
(REUTER'S SERVICE)
FRIDAY, SEPTEMBER 19, 1941.
& QUOTATIONS
London, Sept. 17. The following quotations are tho middle prices at the close of the market in London. All quotations are subject to confirmation and mo responsibility is assumed for errors in transmission.
HONGKONG SHARE QUOTATIONS
STOCK EXCHANGE,
Buyers
#
SHAREBROKERS' ASSOCIATION
Buyer
Bollers Balos
Komina
THURSDAY
18 SEPT
Banks
Do. (Col. Reg.)
Indo Chinae (Prof...
$70 Indo-Chinas (Def,}
Godowns, etc.
Providente
$1490
285
£78
209
$235
$440
176 cts.
$1974
$120
810
890
$70
38/74
y'day' Layt
Belfor
Дотво
Balco
Iapt4.
$1480 11.K. Banks
350 N
$86
£78
Do. (Lon. Reg.)
X.D.
£9j
Charte ad Banks
£23
Mercantile Bk. "A"
£23
275b/77a
11
Mercantile Bke, "C".
876
Bank of East Asia
$76
2,795/80a
N. . & 8. Banks
18 ct.
2.760/77a
Insurances
2.78b/82a
2.84b/868
War
Loan, 31%
Red
$240 $440
$230
Canton Insurances.
$433
Union Insurancës.
$1
Underwriters
after 1952)
Defence Loan, 3%
1061 1014
$187
H.K. Fires.
Shipping
2.114 12
Canton K'loon Rly 5% Chinese 41% Gold Loan
13
8120 Tougisses
81080
811
Stearabonta
2,080 108 sa
2.07/08
1898 (Brit. Issue) Chinese 6% Gold Bonds
46
F90
2.09b 091a
1925/47
45
60/10) Shells
Chin. 44% Anglo-French
$0.55 Waterhosts
Docks. Wharves.
:
Loan. 19ng
40
N-nominal
Chinese 5 Crisp Loan
*97
#K
&K Whores
€97+
¦
1912
291
87.46
Oct.
per bushel 7247724
Chinese 5% Reorg Lonn
1913 Lan Is
$100
$7.70 $20
#7
$7.30
$20/ 192
Н.К
38
On demand
10€
Dee May
741b
782 781
Chinese 8% Ster. Notes
1925 (Vickers)
887
Docks (Old) HK. Docks (New) +Shanghai Dogka
Mining
$20
$20/1191...
141
8374
16
consult with the Chinese authori
tes concerning the use of the de..
articles abeady provided Free [ener
of
China will determine of detence equipinen.
General
man
Government
Ku
18 Contrast - Chair Cheng-bon
TAX IN KIND CHUNGKING Sept 18 (Centrair Taking advantage of the foll the Central Government narrest
tran
submited 9 Tax
כנן
China.
For Szechwan, generally known
1
Jn Sterling Notes:-
OVERLAND TRANSPORT "Overland transport 1710)
of high- under the Lend-Lease procedure as China requires the use
and well as those scheduled for tutur railways. waterways Ways Airlines Fundamental steps have delivery, there has been organiseri been taken to strengthen the vitaja military mission which is now routes Paving materials have proceeding to Free China been delivered and applied for re
China's surfacing
Weling the of this mission and its conteren- Burina Road, and a growing feel ces with the leaders of the armed pera- torces of Lendlease trucks are in tion on these vivilian supply. Re-the type gular shipments of gasoline, motor best adapted to the actual condi olls and spare parts and tires are!tions of warfare in that country, Festerday, the quotations remain- being provided for the service al and will insure the effective useing at 23.1/2 for Ready and 23.7/10
of equipment provided." Central for Forward. these trucks and other vehicles
"It is expected that observations Market Report
3-Year Reconstruction COLLECTION OF LAND, York-London was quoted
Project For Kansu
LANCHOW. Sep:
of the Kansu Provinclad, has decreed the collection of Land
kind throughout
Kansu 5 Year Reconstruction Pre
lect to the tourth binary session
the
MARKET
SHANGHAI MARKET Official rates, sellers of
of the Karen Provisional People's as "China's storehouse of grains." Political Council et consideralen 12 milk picula are celectable 25.1/16.
months Meanwhile The project, drafted in accor- within faree
rains and abundant dance with
National 3 Yeur blessed by
Government successful Reconstruction Project proinugat- through
control, the rice prices in "Sze- by the Executive Yuan, em phasises the tightening of recon chwan continue to drop.
war struction and futilment of tune beras
personnal Far exel projres an additionni $300,000 will be appropriated trem the provincial treasury
It is reported that Generalis- simo Chiang Kai-shek has ordered the Ministry of Food to buy ad
the market rice from ditiunal
October
as In avoid 'after
forcing the prizes up.
at 3.5/32 and US Dollars at 5.5/16 AFTERNOON MARKET
There were sellers at 1:3 up to
at 1.3.1-32 October, buyers
H.K. Stock Exchange
Thursday, Sept. 18 BUYERS
Union In.. $440.
HK Steamboats, $10.80. Docks, $19.00. Providents. $7.45,
Hotels, $4.25.
Humphreys, $8 Realles. $4 15:
Chinese Estates. $100,25 Yaumati Ferries $24. Lights (N, $2.50. Telephories (Oi, $25. Telephones (N), $9.40. Cements, $11.
Jo
Manila:----
On demand
49 7/8
CHICAGO WHRAT
Chin. Imperial Rly. 5%
18/6
Kailan
14/0
BIE
Banbe
17.30
Loan
80
per bushel
in Bangkok.:---
On demanG
146
Sept
1178 1178
Honan Rly. 5% 1905
14
Dec.
....
121/123
Hukuang Rly 5% 1011
(L.P. NY Issue)
15
Bank Buying Rate jar Bilver per on.
Nou. 23 1/2
Highest Dec.)
122
Lowest 1
1211
Tuesday's sales
bushels.
15,721,000
NEW YORK COTTON
Silver
FROM ROZA BROS.
Thursday, Sept. 18.
Were prices
unchanged
Oct
Dec.
Jan.
Mar.
Opening Closing 17.51/51 17.73/73 17.72.70 17.92/92 17.34.74 17.97 N 17,85/87 18.09/10
American Sliver was quoted at 34.3/4 for Spot,
The
London-New York rate was quoted at 402.1/2. New
at 403
May
17.99/09
18.24/24
July Spot
18.04/04
18:31:35
13.46
Pruss
Highest Deco
13.96
Lowest)
17.69
1;4
T.Top London Silver, Official Rate London Silver, Spot
4.03-1/2
Hukuang Rly 5%. 1911
(German Issue) Lung Tsing &
Rly 5% 1018 S'hat-Nking Rly. 5%. Tientsin-Pakow Fly, 5%
(Brit Stpd.j Tientsin Pukow Rly. 6%
German Stpd) Tlentain-Pukow Rly 5%
(Brit. Stpd. Sup), Loan) Tientsin-Pukow Rly 5%
(Ger. Stud. Supi. Loan) Jap 6% Ster, Loan, 1924 Ger. 7% Intl, Loan, 1924 Chartered Bank
941
$1.7
#3A
13
U Hal
2381/281
$974 #22
13
$4.15
2
17
$8
SA
2 ata. Hong Kong Mones
84/4.20/4 H.K, & 6. Hotels.
1.K, Lands.
Do 4%. Debenturea
Sinugba Lande
Humphreys
Lands. Hotels and
Buildings
84,35 | 04.2015
$28
$976
84.163.K. Rualties
$4.10 $4.35
$100
508
Chinese Estales
Cotton Milt
13
SM
Ewo (..
BDG
2205
'bai Cotton
$305
**
13
Zoong Sings (8)
Wing On Textiles (S
$136
13
Pubile Utilities
B10
.K. Tramways....
$18.40
13
$7
Peak Trains (old)
$7
284
831
Peak Trams (new)
$31
#51 Star Ferries
304
93
$24
mati Ferries
$24
-
34-3/4
23-1/2d
Н.К
St Bhat Banking Corp. (Lan, Reg).
87 35 $7.60) 274
China Lights (0)...
$7.60 $7.40
$24
82.50/ 65
China Lights (New)
$2.00
78
8241
Quiet
A.K. &
8'hai Banking
923
H.K. Electrics X..(0) H. K. Electrion(New)...
$34
322.60 1.75 .44
STERLING
!
Corp (Col. Reg.)
85
$13.85
There Free October
Cush
were sellers at 1:3 up L
1.31 32 buyers at
Chinese Eng & Mining
(bearer)
15/0
Chosen Corporation
5/6
좋았다
$241
Selling
U. S, DOLLARS
to rai
Mercantile Bank of In
$9.30
dia, 25,
114
$13.85 H.K Electric (Rts.)
Macao Electrics 818
Macao Flectcios
$13.10 Sandakan Lights.......
felephones (new)................ Industrial
$14
Telephones (old).......
$26
Merchants
Peki Syndicate
1/-
$40
Cald., Maog. (Ord.}$
i
S'ha Elec, Constr. Co.
13:9
235
Cald., Macg. (Prof.)
SHANGHAI DOLLARS
S'ha! Waterworks “A”
1.5
81
Canton Icon......
Union Insurance
22
17
0174 817)
Cements
$17
515
Guls Kalumpang Rubber Lon. Mid.
15
210
!K Ropes
73 ots.
$10.30
H.K. Gevl. Leams
& Scot. Riy
16)
$101 4% Loan
B101
Sterling
Great Western Rly
41
299 3%
(1934)
200
་་
National Bank of India
33
89K 31%
BA. Ton, bearer)
93/14
Quiet.
¡Dunlop Rubber
36/3
STERLING
Bristol Aeroplane...........
10/9
(1940) Miscellaneous
$20.30 Dairy Farms.........
961
Entertainmente
20
87-
Imperial Chemical Ind
32 -
$1.60 Constructions (old)..
$1.65
for
United Strej
23/71
80 cts. Constructions (now)...
Woolworths
57/-
$6.70
16.10
Lane Crawfords........
$0.45
| Cash.
U. S. DOLLARS Selling rate to Merchants 1/16.
Watsons. $13.25
25
Lane Crawfords, $6.20. Wm. Powell, $1,65,
SHANGHAI DOLLARS
515.
SHANGHAI MARKET Official rates, sellers of Sterling
and U.S at 3.5 32 5.5:16
Dollars at
Marsman Investments.
7.6
Nanyang Tobacco......
$8.70
$21
Sinceres
$2,40
Shell TranS
Western Holdings
Sub-Nigel
bearer
19/-
$131
813.40
Watsaus
$18.45
143/9
$43
C). G.5%, 1825G$Bds.
43%
&
Trad
$39
I.K. Wing On
$719
55/71
S'hai Wing Un
$14
$7
• bid
i ex div.
Vibro Filing...
$61
7/8
Maremans Inv. (Lon)
1/6
Morgans Inv. H.K.)
$14
814
MAXIMUM RUBBER
PRODUCTION URGED
"We have now completed the second year of war conditions and thanks to the protection of the British Navy and the Imm- perial Forces, this country has remained under peaceful rondi- been prosperous," said Mr. tions and the rubber industry has Tau Cheng Lock, presiding at the annual general meeting of the Malayan Estate Owners' Association, held in Kuala Lumpur. "The defener of Malaya,"
he was able to afford. have borne Shanghai Exchange
went on. "have been strengthened heavily on the copra producers, enormously and I am confident |
that we are in a position te meet any threat to this country.
PINEAPPLE INDUSTRY
Shanghai, Sept. 18 (Reuter).
Official T.T. Rates
The pineapple industry is still working under adverse conditions. King- remember Shipments to the United "In return we must
which previously was the that the maximum production of dom,
entirely rubber is a war necessity, and we principal market, have
the
must
maximum stopped for the time being, and produce amount possible, and bear cheer there is only a small demand from
Canada Dominions tully our fair share of the burden the
London New York Japan India Paris
Hongkong
of
and
The
of any further war-time taxation New Zealand and from the Mid-
dle East. which may became necessary,
"Although the price of rubber has been stabilised, it remains at notwith- level a remunerative
increased cost of standing the labour and materials.
Opening
0/9-5,32 5.5/16 unquoted 17-1/2
unquoted
21
Silver Duty Rate Ceutral Bank of China's
The Equalisation rate was 241
"Many estates have been forced rate on Lordon at 10 am today!
close
was 1/2-1/24. and down
have been
abandoned.
"As regards the Association It per cem self, I am again able to report a small increase in membership "
Continuing, the chairman said the accounts for the year showed labour, which the rubber industry a deficit of $184.57. However, a
"The position of the cupra in dustry remains a difficult one and the Increased wages pald
HONG KONG TIDE TABLE From 19 to 20 Sept. 1941.
HIGH WATER,
Hong
Kong
Days of
Week
Standard
Height
Feight.
India Rupee Paper
1 Bombay, Sept. 17 (Reuter). Govt. 33 per cent. Rupee, 98-0-0
LONDON METALS
Constructions (0), $1.75.
SELLERS
Docks, $19.75.
Providents, $7.65.
Hotels, $4.30.
Lands, $38.50.
Trams, $18.40.
Lights (0), $7.80.
Electrics (N), $13.75.
Cements, $17.15.
Watsons, $13.75, Vibro Piling. $7.
SALES Bank of East Asia, $76. Union Ins., $442)/40. HK. Steamboats, $11. Docks, $19.75/70. Providents, $7.60/.55. Hotels, $4.20/30/25. Lights (O), $7,50, Lights (N), $2.55.
Electrics (0) X. Rts., $24,25. Electrics (N), $13.75, Cements, $17,25/15, Ropes, $10.50/60. Dalry Farms, $19.76. Watsons, $13.45/50. Lane Crawfords, 96.10,
HONGKONG
SHAREBROKERS
ASSOCIATION
EXCHANGE London, Bept, 17 (Reuter).
Cash, Middle. Tin. Standard,
Volume of Business Transacted on Thursday, Sept. 18, 1941. SALES
member who wished to remain anonymous forwarded " special donation of $185 to cover the de Actt and he would like to express the gratitude of the Association,
the year our Malay "During Canvasser visited Selangor, Perak, Price, £258-1/2 buyera; 258-3/4 China Lights (0) China Lights (N) Negri Bembilan, Pahang and sellers. Malacca. Our Chinese canvasser Tin, Standard, 3 Months, Middle China Providenta Ly confining his operations to Price, £250-1/2 buyera; £250-3/4 Cements Selangor at present, but it 19 sellers.
H.K, Docks
I hoped to extend the propaganda Markot. quiet, with small de Dairy Farms 37 work among the Chinese, who own mand, mainly very large acreage in this coun-Smelters
LOW WATE
Hong
Kong
Standar
Time
Timo
h. m, Ert, ám.
h. m.
Fri.
19
07 17
72
01 11
་
235
14 20
Skut 20
OR ON
73
of 58
2
try.
2104
2104
B Q
1454
Bun. 1
OR 18
74
ng 44
0
21 24
4 15 28
Mon. 92
Tuon
0941
03 20
#07
1004
10 97
70
0417
92 45
71
10 37
Wed, 24
1134
0504
72
Th
12 33
"The co-operation of the Cal-concession for limited quantities. Ropes.
nese Chamber of Commerce has 'Cash"
Wus quiet and casier.
1,000 $ 7,30
1,000 2,55
760 7.50
500
17.10
1,400
10,75
500.
19,75 100 0.50
of "3 montha." maintained
unofficial Bank of East Asia Umit of £200 but dealers made H.K. Lands
109 76.00
200 37.50
800 10,50
1,000 10.00
200 4.25
200 13.45
300 13,50
Marsmaus II.K,
.300 2,00
8,050
been sought and any assistanco After hours: the market was life. H.K. Hotels
which they can give will be most less gratefully received."
Mr. Tan Cheng Lock was re elected president and Mr. P de. 17 10 065417 Langing re-elected vice-presiden
0017 40 3 (Malaya Tribune),
LONDON GOLD
London, Sept. 17 (Router), Bar Gold, Fine per os, 100/-
A.B. Watsons
The total value is $102,520.00;
RESERVE BANK OF INDIA STATEMENT
Calcutta. Sept. 17 (Reuter),
Sept. 5 Sept. 17
Notes In drculation (includios Notes held in the Bank- ing Department)... 29,230 29.841 Rupee Coin Bullion
3,776 3,887 in India
Wm. Powells.
N.A. Chemicals (HK) $5.80
+Sale to Shanghai
SILVER MARKET
LONDON SILVER
London, Sept. 17 (Reuter). Sliver Market very quiet with negligible demands satisfied.
Spot, 23-1/2d.
Forward. 23-9/16d
"Rombay, Sept. 17 (Reuter).
Oftake 100 bars.
BOMBAY SILVER
Gold Coin and Bul-
Hon in Incla
4.441
4.441
Sceurities (Indian
Government) Becurities (British
Market Steady.
7,849
7,850
Indian Mint Silver
Ready
Government) ... 13,182 13,862
(Figures in Lakhs Rupees?
Oct 14 Settlement
Nov. 15 Settlement
63-00-3 63.00-6 69-01-0
GAS CHARGES TO
BE INCREASED
The Hongkong China Gas Co. has announced an increase of 20 per cent. on net Raa charges from September.
the
It is said that owing to shortage of coal, the Company has to pay a very heavy increase in further freight rates to obtain supplies of coal.
This merease is only temporary to meet the present emergency and will be withdrawn as soon as conditions allow.
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Passengers
TO-
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
BINGAPORE, PENANG and CALCUTTA
SAND, KAN
HA FHONG
All steamers berth alongsitie the Boomvolt Terminal in
the French Concassion al Shanghai, where passangera
and cargo are landed.
For further particulari
please apply to
JARDINE MATHESON&Co.L TELEPHONE ZOSII GENERAL MAN
ERS