1941-04-02 — Page 10

Daily Press 孖剌西報 All

(REUTER'S SERVICE)

NEW YORK, Mar, 31, 1941.

Prev. Today's

New York Cotton, May New York Rubber, May Chicago Wheat, May Chicago Corn, May New York Hides, June NEW YORK COTTON

High Low Close Close Change

11.31 11:16 11.31 11.28 .03 off 22.52

23.52 24.65

13 off 92! B01 914 911 681 661 687 671 14.16 13.88 13.87 14.14

oft

11 off

27 up

*Close

Opening

Closing

Change

Alleghany Steel.00.

On Shanghai:-

On demand

May

11.31/31

11.31/30

11.28/28

:03 of

Allis Chalmers

459

July

11.24/20

11,23/23

11.23/23

01 off

Aluminium Ltd.

On Singapore:-

October

11.15/16

11.12/12

11.10/10

.05 ON

Amer. Can

11.15/17

11.10/11

11.07/08

.08 off

American Cyanamid B.

On Japan:-

January

11.12 N

→ 11.08/08

11.06 N

.06 off

Amer. & Foreign Power ...

On demand

10% 1/2

March

11.10/11

11.07/07

On India:-

Spot

11.61

11.05/08 11.58

05 of

Amer & Foreign ST Di....

PAGE 10-HONGKONG DAILY. PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

APRIL 1, 1941.

On London:-*

Telegraphic Transfer, 1/8 7/1 Bank Bills, on demand 1/2 7/4 Credita 4 months' sight

On demand ........... 82. 3/

NEW YORK COMMODITY MARKET

December

22.52

NEW YORK STOCK EXCHANGE

STOCKS

Adama Express

QUOTATION

(REUTER'S SERVICE)

APRIL 1, 1941

Last Sale!

WEDNESDAY, APRIL 2, 1941.

BANKS

HONGKONG & SHANGHA1 THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital $50,000,000

INDIA, AUSTRALIA'

AND CHINA

Issued & Fully Faid-Up $20,000,000 Incorporated by Royal Charler, 1860

Reserve "Funda::

Sterling

£8,500,000 Paid-Up_Capital H.K. Currency Reserve $10,000,000 Reserve Fund Reserva Liability of

Proprietursy

.$20,000,000

Head Office:--HONG KONG

Chairman.

....£3,000,000

Reserve Lasbility of Pro-

prietors

......................................£3,000,000 HEAD OFFICE: LONDON:

38, Bishopsgate E.0.9. Sub-Agencies In London: 117/122, Leadenhall Street, E.Ca West End Branch: 14/16, Cockspür Street, S.WI Manchester Branch:

Deputy Chairman. 69, Mosley Street, Manchester, S.

STOCKS

Laat, Sale

Mar, 31

SA

Loew's Inc.

Mar. 1

31

211

Loft Incorporated

18

29

Mack Truck Inc.

27

74

Martin, Glen L.

Board of Directors: Hop. Mr. J. J. Paterson,

86**

McKesson & Robbins, pfd. 271

341

Montgomery Ward

W. H. Lock, Esq.,

Mtain City Copper Co..

17

National Aviation

J. K. Bousfeld, Esq.,

.03 off

`Amer, Locomotive

8+

13

Telegraphic

Transfer.

Nat, Dairy Products

A. H. Compton, Esq.,

AGENCIES

82 5/8

and demand

Total sales Saturday:-138.000 bales.

Amer. Metals Co.

19

174

National Distillers

LJ. Davies, Esq.,

Amer. Radiator....

201

Hon. MrB. E. Dodwell,

61

On New York:

[National Lead

ALOR STAR AMRITSAR

Bank Bills, on demand 24 1/4 Credits, 60 days" sight 25

On Batavia:-

On demand

On "Paris:-

.......... 45 1/2·

71

+

NEW YORK RUBBER May

-22.65/68 22.55b July (New contract) 22.18/20 22.106 September ( } 21.70/70

21.65b December. ( >.... 21.40b/50a 21.40/40

Amer. Rolling M

151

13

Nat. Power & Light

22.52/52 21.95/95

.13 off

Amer. Sting and Ring Co.

K. S. Morrison, Esq.,

40

National Supply Corp.

23 off

Amer, Sugar Refining

∙17)*.

New York Central

21.52/62

.18 off

Amer. Tel. Tel....

1607

Niagara Hudson Power

21.23 N

.17 off

Amer. Tobacco "B"

601

IN. American Aviation

105

Bank Bills, on demand Nom.

Credits 4 months' sight Nom.

On Saigon:-

On demand

Total seles for the day-120 tons.

! CHICAGO WHEAT

Amer, Waterworks

$

North American, Co.

Anaconda Couper

241

Northern Pactac

Branches:

Atchison, T. 4 8. F.

251

Owens-Minois Glass Co.

Aviation Corp

Aaro

Johore

May

On Manila!--

July

On demand

48" 1/8

September

913/917 911/911 90+/90% 901/901 918/911

31

911/91

off

Pacific Gas & Elec

261

891/90.

Baldwin Lecometive

Bangkök

Kobe

off

147

Packard Motors

24

Batavis

Kowloon

G. Miskin, Esq.,

Hoa. Mr. T E. Pearce, Hon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,

Chief Manager.

Raisous Saigon San

BOMBAY

Clive Stager KUALA

FAIRLIN PLACE

CANTON

BANGKOK

BATAVIA

CALCUTTA

AND BEANCHES-

HONG KONG PINANG ILOILO IFOR KARACHI KLANG

KANGOÓW

AGENCIES:

KOR

BAIGON KEREMBAN SHANGHAI

SINGAPORE

SITIAWAN

JAWAPORE CEBU COLOMBO

MANILA

BOURADAZA

LUMPUR

TAIPINO

KUCHING

TIENTSIN

MADRAS

Baltimore & Ohio ...

901/904

off

31

Pan-American Airways

117

Bombay

Kuala

Francisco

Barber Asphalt Co.

B1

On Bangkok:-

Paramount Pictures

Saturday's sales:-18.554.000 bushels.

121

Calcula

Lumpur Shanghai.

Barnsdall Ol"

On demand ....

149 1/2

Pennsylvania RR.

241

Canton

London

Singapore

On Sterling Notea:-

CHICAGO CORN

Bendix Aviation

361

Philips Petroleum

381

Obetoo

Lyons

Sourabaya

Bethlehem Steel

Bank Buying Rate....

Now.

761

Colombo

Malacca

May

.682/681 671/674

671/671

Public Service of NJ,

11 off

25€

Sungei

Bar Silver per oz.

23 1/2

Bliss & Co.

154*

Dairen

Manila"

Patani

July

681/682

681/681

677/678

1 of

Pullman Inc.

261

Boeing Airplane Co.

151

Foochow

Muar

Swatow

September

681/687

677 A

1 of

Pure Oil

8

Market Report

FROM ROZA BROS.

Tuesday, Apr. 1. September Silver prices were unchanged yesterday, the quotations remain-

Borg-Warner

177

Haiphong

(Johore) Tientsio

Radio Corps, of Ami .....

*

Bankow Mukden Tokyo

NEW YORK HIDES June

Briggs Mfg.

201

Reading Company, Com

143

Bodd M'facturing Corp.

4

13.87/90

*14.05/05

13.97/97

* 14.16/17

14.14/14 14.22/23

27 up

Remington Arms Co., Inc.

5*

Earbin floilo

Canadian Pacific R'way

g+

25 up

Republic Aviation Corp....

3+

Case, L

471*

Ipoh...

New York Taingtao

Yokohama Peiping

Cross--

reported the market as being idle NEW YORK SUGAR NO. 3 and featureless. American Silver

was quoted at 34.3/4 tor Spot.

The London-New York

rate was quoted at 402.1/2. New York/London was quoted at 403 1/4..

Total sales for the day:-227 lots. NEW YORK COCOA ing at 23.1/2 for "Ready and 23. 7/16 for Forward. Silver advices May

Republic Steel"

187

Celanese

Chesapeake & Ohio

Chrysler Corpn.

2:21

Revere Corp.

401

Reynold Tobac. "B"

318

621

6,97 -N

27.01/01

6.86 N

.11 off

Safeway Stores

381

Columbla Gas & Rec. Commercial Credit Co. Com, & Southern (Ord.)

34

Schenley Distillers

30

28+

Sears Roebuck

721

+

May

2,396/412

July

2.11b/428

2.466/478 2.47b/48a

.07 up .00 up

Consolidated Edison Consolidated Qll .....

211

Shell Union Oli

111

Socony-Vactinüm Oll

ŷ

54

Various sizes to let.

Southern Pacific

£6

Volume, of business done:-880 lots.

Continental Gan

371

NEW YORK SUGAR NO. 4

Continental O

18)

Southern Ely $5 ptd.......

23+

TRUSTEE and EXECUTOR business undertaken

Copperweld Steal

154

Sphèr Manufacturing Co.

3214

Hongkong, 28th February, 1941.

Perang

DELHI

AIPHONG HAMBURG ·· HANKOW

(Peking)

FOREIGN EXCHANGM and General Banking Business transacted..

CURRENT ACCOUNTS opened and FIXED DEPOLITE received for One Year or shorter periods in Loenlo Other Currencies at rate which will be quoted on application.

SAVINGS ACCOUNTS also opened in Local Currency and Sterling with

CURRENT ACCOUNTS opened interest allowed at rates obtainable

in Local Currency and FIXED DE-on, application.

POSITS received for one year or The Bank's Head Othce in London shorter periods in Local and Other undertakes Executor and Trustee Currencies on terms which will bejbusiness, and claims recovery of British Income Tax overpaid on

quoted on application.

SAFE DEPOSIT BOXES of terms which may be ascertained at

jany of the Agencies and Branches.

W. H. EVANS THOMAS,

Manager,

·KEDAN

NEW YORK

PEIPING

TONGXAE

(Bhuket) YBINOTAL-

KOKOHAMA

Standard Branda.....

MARKET

Quiet.

May July

.831b84a83b/88a

.871b/.88a .88b/.89a Volume of business done:-80 lots.

.84b/85a 89b./.8948

,001 up

Curtiss Wright (C.)

81

011-up

"Curitas Wright "A"

271

Stand Gas & Rec.

U. & DOLLARS

closed at lunch time with sellers

(REUTER'S SERVICE)

f

to

were

War Loan 3% (Bed,

After 1952) Defence Loan, 3%

Janton-Kioon Rly. 5% Chinese 41% Gold Lan 1898 (Brit. Issue) ...... Chinese 6% Gold Bonds.

1925/41 ....

Chin. 44% Anglo-French

Loan, 1998

Chinese 5%-Crisp Loan

1912

Chinese 6% Reorg Loan,

1913 Lda. Ia) Chinese &% Ster. Notes.

1925 (Vickers)

Loan

Honan Rly, 5%

Hukuang Ri 6%, 1911...

(LP, N/Y Iskua)

Bukuang Rly. 5%. 1811

German Issues ...

Lung Tsing & U Hai

Rly. 5% 1913,

Bhal-N'King Bly. 5%

Tientsin-Pukow Rly. 5%.

(Brit. Stpd.).

Tiantain-Pukow Rly, 5%

·· STERLING

No business was reported. There NEW YORK COPPKE FUTURES were sellers at 1/3 Up to May.

buyers at 1/31/32 for any de- July livery

July Business was done during the NY. Official Silver early part of the morning at 24-NY-London Cross Rate 4.03-1/4 9/16 for near delivery. The market

at 24.1/2 up May, buyers at

24.5/8 for Cash,・・

SHANGHAI DOLLARS Opened with sellers at 461 with business done later at 483 and 462.1/4 The market closed with sellers at 462, buyers probably at 462.1/4.

SHANGHAI MARKET

LONDON STOCK EXCHANGE

London, Mar. 31,

34-3/4 4.03-1/4.

|FEDERAL RESERVE Plitkoto

RETURNS

New York, Mar, 31 (Reuter).

Mar. 18

Mar. 26 (000's Omitted)

The following quotations are the Total Loans $ 9.714,000 $9,798,000 middle prices at the close of the Investments 16,769,000

Opened with sellers of Sterling market in London. All quotations at 3.15/64 and then receded to are subject to confirmation and ne 3.7/32. At the close there were responsibility is assumed for errors Chosen Corporation sellers again at 3.15/64 for Spot. in transmission.

U.S. Dollars opened with sellers

at 5.8/32 and then eased off 5.1/4: At the close there sellers again at 5.9/32 for Spot.

AFTERNOON MARKET

Dull.

STERLING

Closed with sellers at 1/3 up to May, buyers at 1/3.1/32 for any delivery

U. S. DOLLARS Nothing doing. The market closed with sellers at 24.1/2 up to May, buyers at 24.5/8 for Cash and forward.

SHANGHAI DOLLARS

Closed with sellers at 482, buy-Chin, Imperial Rly. 5% ers at 462.1/2.

SHANGHAI MARKET The Sterling market closed with sellers at 3.15/64 and 18. Dollars at 5.9/32 for Spot,

Shanghai Exchange

Shanghai, April. 1 (Reuter).

Official T.T, Rates

Opening

Gen. Electric

Standard Oll of California

201

Deere & Co.

21

Standard Cl of NJ.

351

Distillers Corpn. "Seagrams

15

HONGKONG SAVINGS

BANK

Stone & Webster

Douglas Aircraft.....

61

722

11.88b/90a 11.87b/93a 11.85b/87a NEW YORK COTTONSEED OIL

.01 of

Studebaker Com

&

Du Pont de Nemours

149

The Business of the above Bank

BANK OF EAST ASIA, LIMITED

Eagle Picher tesa

Swift International

18+

8.27b/292 unquoted

8 24/24

.03 off

Eaton Mfg. Co.

Elec, Autolite

Elec. Bond & Share

Elec, Bond & Share $5 pf. 81

Elec. Bond & Share 36 pt.

Elec. Power & Light $7 pf.

Den. American Trana.

Gen MotorS

Gen Railway Signal

Gen. Tire & Rubber

Gudden Co. Goodrich (BF)

17,120,000

bearer

15/-

Goodrich $5 pl. Goodyear Tire Great Northern Iron Ore

Co.

4/-

Mercantile Bank of In-

Great Northern Rly, pid, Great Western Sugar

£

dia, 25. "G" Pekin Syndicate

1041

Greyhound Corpn.

105

1/8

'Hercules Powder Co

101-11/16

11

B'nai Waterworks "A" 6'hai Elec. Constr. Co.'

10/-

Homestake Mining

litt

Int Nickel

42

Union Insurance Gula Kalumpong Rubber 15/- Lon., Mid, & Scot., Rly. 134

'23

Inter. Paper & Power

Int, Tel. & Tel

Johnsınan

Great Western Rly.

Kenmecott Copper

40-44

341

National Bank of India 311

Libbey-Owens-Ford

45

B.-A. Tob. (bearer)

Lockheed Aircraft

88/1

Dunlop Rubber

33/72

Bristol Aeroplane

24

9/104

Imperial Chemical Ind. 30/1

United Steci

20/9

81

Woolworths

47/3

1940/41

Maraman Investments

6/3

High

8-10

Western Holdings ......... 9/9

Low Dow Jones Averages. 132.80 111.84 30, Industrials

32.87 2.15 20 Baile

47

Bub-Nigel

Shell

14

TTBILL * Trad (bearer)

145/-.

41/101

26.45 18.03 20 Utilities

52.19 83.06 40 Bonds

84.0) 48.74 11- Commodity Inder

14

12

12

14

12

London

(0/3-8/18/

(German Stpd.)

12

New York

5-3/18

Tientsin-Pukow Rly.. 5%

Japan

22

(Brit. Stod. Supl, Loan)

12′

India

17-5/8

TO

Tientsin-Pakow Rly. 5%.

Paris Hongkong

nominal.

21-1/8

Sterling

Sellera

(Cer. Btpd. Supl. 'Loan) Jap. 6% Bter. Loan, 1924 21-24 Der, 7% Intl Loan, 1985 54 Chartered Bank

12

BL

Upening

Closing

Spot

0/8-15/64% 0/3-15/61.

H.K. & Shal Bank (Lán

Reg.)

2731

Apr.

May

0/3-7/32 0/37/32

Eeg)

761

Spot

Apr.

May

5-1/4

0/3-15/640/3-15/04 jEK & Shai Bank (Col

U.S. DollarN

:

· $549/33/5 $5-9/32/Chinese Eng. & Mining

5-9/325-9/32

Market:--Dull ·

Kliver Duty Eate

.5-1/4

The Central Bank of China's

rate on London at 10 am, today was, 1/2-1/20.

The Equalisation rate was 242

per cent

Calcon Exchange

Calcutta Mar, 31 (Reuter). 1.1 on Janan, B1-1/2.

India Rupee Paper

Bombay, Mar. 31 (Reuter). Govt. 31% Rupes. 95-12-0.

272*

INDO-CHINA

STEAM NAVIGATION COMPANY LTD

Operating Services for Cargo and Passengers

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

BINGAPORE PENANG and CALCUTTA

BANDAKAN

HAIPHONG

All steamers berth alongside. the Roosevelt Terminal in the French Concession t Shanghai, where passengers "and cargo are landed.

For further particulars.

please apply to

JARDINE MATHESON&Co.Lr TELEPHONE SOJIL GENERAL MANAGERS

& SHANGHAI BANKING OOR-Authorised Capital.. PORATION. Hules may be obtain Paid-Up Capital

For the HuNGKONG & SHANGHAI

V. M. GRAYBURN,

Chief Manager. Hong Kong. 95th Feb., 1839.

Profits

Head Office:-HONG KONG No. 10 Des Voeux Road, Central

Board of Director.

HON. SIE SHOUSON CROW, Chairman Li Koon Chan. Eng. Il Lan Slang, Esq.

Fang Ping Was Esq. P. K. Kwok. Eng. Wong Chu Son, Esq.

15, QUEEN'S ROAD, CENTRAL Weng In Tong, Esq.

15, PINE STREET,"

NEW YORK.

This Bank is entirely owned by THE CHASE NATIONAL BANK, NEW YORK, with Hesources of over U.S.$3,800,000,000,

D. L. BALLANTYNE

Manager,

THE "MERCANTILE BANH. OF INDIA, LIMITED:

Head Ofico-15, Gracechurch Street. London, ECF

Authorland Capital

Beterre Fund, and Best,

BANKERS:

The Bank of England and Midland:"

Hongkong:

Bank; Ltd.

Chan Ching Shok, Esq.

KAN TONG PO, Esa, Chief Manager HON. ME. LI TER FONG, Manager

Kankow dosalala Lo..T

Branches and Agenores:

Kowloon Penang Singapors Loudon

Stankoon

Bourabaya Balroa Swałow

"Misumida

Malbourne San Fran. Sydear

Tintin

New York PATTE

deattie

- Memarang Falplag shunai

ixchange business transacted. Loans - Every description of Banking and granted on approved securities.

Current Accounts opened in Local Jurrency and Fixed Deposita te eived for one year of shorter periods in Local and Foreign Cur cencies on ferns, which will be quoted on application.

SATE DEPOSIT Boxes To, LET.

KAN TONG PO,

Chief Y

Specially Chartered by

Kuala Trogg THE NATIONAL GOVERNMENT

OF CHINAAB AN INTERNATIONAL. EXCHANGE

·Péning“

Rangoon

Shanghai Bimal

Kuala Lampur. 6(pgapore

BANK

PAID-UP CAPITAL: $40,000,000.00 - (BRANCHER ALL OVER) (JHINA), Owing to our numerous Bixuches in China and connections in the principal Commercial Centres of the World, we are able to extend

HONG KONG, BRANCH:" Every; anscription of Banking ""and". madness is footed,ncing Exchange TRUSTEE AND EXECUTORSHIP

UNDERTAKEN VAR UNERENT LOCOUS" opened. In Loot renay-auzi 'PIEND DEPOSrt8|r6ostydd" in "Loon} OLS & STILLING (On terus that may be to our Clients special facilities for Domestic and Foreign Banking and Exchange Avenge

aertainer un ap cation,

D. BENSON.

WANT ADS

میں کریں گے

Quick!

Head Office: SHANGHAT Hong Kong Branch: 4, QUEEN'S ROAD, C. South China Officça

CANTON „SWATOW ||SHIUCHOW:

KONGMOON

TOISHANG #KINGCHOW

We also handle the issue of Bonds

and other Public Funds of the Chinese Government hoth at Home and Abroad:

SHOUJ CHEN,

D

conducted by the BONGKONG

33*

Technicolor..

81

291

Texas Corpn. .................

361

$10,000,000.00 5,598,600,00

3

Texen Gulf Sulpbür

841

ed on application.

Reserve and Undivided

Timken-Arie .....

-301

601

Trans-Americs Co.

41

HANKING CORPORATION.

2,983,261.50

341

20th Cent, Fox. .....

8

131

Union Bag & Paper Corp.

114

51+

Union Carbide & Carbon

651

321

Union Pacific

773

424

United Aircraft

371

13.

United Airlines Trans

13

THE CHASE BANK

11

United Corgan,

131

United Corpn. $3-cùm pí, 24

13

United Gas Corpn.

602*

United Gas Improvement 84

HEAD OFFICE:

18

US., Industrual Alcohol..

24

144

U.S. Rubber

22+

25

US Rubber $8 pfd.

011

25*

US. Smelting

614*

11#

U.S. Steel

561

70*

Vanadium

231

An American Bank offering com-j plete Foreign Banking Service, in the principal Markets of the world.

Amby

tria

48

Vultes Aircraft

208

Walworth Co..

상품

138

Warner Bros. Plet.

27

Interest Rates on Application,

SAFE DEPOSIT BOXES

Dombar Ocakta Haiphong

Nagkaka

21

Westinghouse Elec,

944

594

Woodward Iron Cor.

34

Chase National Bank

31

Glass

32

National City Bank

27*

222

Libby. Monelll & Libby

54

DOW JONES AVERAGE

19.49

Apr, 1, 1941. Mar. 29, High Low Close -17237

122.32 192.72 28.45 28.81 28.57 28.67 19.78 19.40 19.09

Change 36 up .18 up.

.20 up

91.35

63.99

$1.56 83.98; Business Done:-440,000 shares.

23 up

.. تعداSubscribed Gagl

.03 up

Paid: Clap

£3,000,000 £1,800,000

BANK OF CHINA

BRANCHES:

Bangkok

Ipoh

Bombay

Liina

Madri

Caloutta

Knantar

Now, York.

Cloubo

Kauly-

Daikt

Karachi:

Hota Haru

Kuala Lipia

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