1941-04-04 — Page 10

High Low

11,32 11.14 22.08" 32.00 93 89+ 67% 851

Prey. Today's

Close Close Change 11.18 11.24 .06 up

22.25b 22.06 · 19 off

89 661 14:18 13.95 14.02 14.17

92

2 up

STOCKS

671

1 up

,15 up

Adams Express

".

430

May

Close

11.18/18

Opening

Closing

Change

Alleghany Steel Co.

Allis Chalmers

11.13b/16a 11,24/24

.06 up

Aluminium Ltd.

July

11.14/14

11.09/10

1124/24

10 up

Amer. Can

58 3/4

October

11.02 N

10.08/07

11.21/31

19 up

American Cyanamid B

December,"

10.99/11.00

10.96/98

19.19/19

20 up

On demand

102 1/2.

Amer. Foreign Power ...

10.08 N

"

10.94/99

11.17 N

19 up

AmerForeign $7 pt. ...

10.98/98

10.92/02

Transfer."}

and demand

82 5/8 Spot

1148 →

11.15/15 11.44

17 up

Amer, Locomotive

04 off

Amer. Metals Co. ***

On New York:-

Total sales Tuesday:-118,400 Bales,

Amer. Radiator

On demand

Bank Bills, on demand 24 1/4 Grediis, 80 days' sight 25

On Batavia:~

On demand............... 46 3/2

On Paris:-

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

On Saigon:-

..... 105

July (New contract) September ( > December ( )

114

Total sales, for the day:-30 tons. CHICAGO WHEAT

NEW YORK RUBBER

May

Amer. Rolling Mill

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

APRIL 8, 1941.

On London:-

Telegraphic Transfer. 1/2 7/3 Bank Bills, on demand 1/2 7/9 Credits 4 months' sight -

On Shanghal-

On demand

Un Singapore:-

On demand

On Japan:-

On India:-)

Telegraphic

NEW YORK COMMODITY MARKET

(REUTER'S SERVICE)

NEW YORK, April 3, 1941.

New York Cotton, May New York Rubber, May Chicago Wheat," May Chicago Corn, May New York Hidés. June

NEW YORK COTTON

January March

NEW YORK STOCK EXCHANGE

QUOTATION (REUTER'S SERVICE)

APRIL 3, 1941.

FRIDAY, APRIL 4, 1941..

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital $50,000,000

INDIA," AUSTRALIA

AND CHINA

Issued & Fully Paid-Up $90,000,000) Incorporated by Royal Charter, 1830

Reserva "Funds:

HEAD OFFICE: LONDON:

38, Bishopagate E.0.2.

Sub-Agencies In London:

117/122, Leadenhall Street, E.C.1 West End Branch: 14/16, Cookspur Street, S.W1 Manchester Branch: Deputy Chairman. 82, Mosley Street, Manchester, i

AGENCIES AND BRANCHES -

ALOR STAÐA HONG KONG FENANG. AMRITSAK ILOILO

HANGOON BAIGON

Sterling'..

Last Sale

STOCKS

Last Sale

Proprietors

.$90,000,000

£8,000,000 Paid-Up Capital H.K. Currency Reserve $10,000,000 Reserve Fund Reservo "Liability of

Reserve Liability of Pro-

prietors......

£3,000,000

£3,000,00€

£3,000,000

Apr. 2

Apr. 2

54

Loew's Inc.

32

Head Ofco:-HONG KONG

21

Loft Incorperated

277

Mack Truck Inc.

371

75

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

Martin, Glen L

272

88

Chairman.

McKesson & Robbins, pfd.

271

35

Montgomery Ward

W. H. Lock, Esq.,

37.

#

M'tain City Copper Co.

31

164

National Aviation

J. K. Bousfiold, Esq.,

13

Nat. Dairy Products .........

A. H. Compton, Esq.,

133

171

L. J. Davies, Esq.,

National Distillers

21

62TM

National Lead

Hon. Mr. S. H. Dodwell,

158

13

.G. Miskin, Esq.,

BANGIOK

Nat, Power & Light

71

Amer. S'ting and Ring Co.

391

K. S. Morrison, Esq.

IPOH

22,25b/30a

22,40 A

21.68/70

21.60b/70a

22.06/06 21.48/48

.19 off

National Supply Corp,

51

Hoa. Mr. T. E. Pearce,

BATAVIA

KARACHI

BERUMBAN

Amer. Sugar Refining

17

BOMBAY

SHANGHA

20 of

New York Central

134

Hon. Mr. A. L Shield,

Amer. Tel,

Tel.

162

CALOUTTA

21.30/30

21.25/20 21.06/08

24 of

Niagara Hudson Power

21

Amer: Tobacco “B”

694

Sir Vandeleur M. Grayburn,

21.00 B

20:80b/21.05a 20.806/85a

,20 off

(N. American Aviation

141

Amer. Waterworks

51

North American Co.

14

AGENCIES:

ÜLITE STRERT KUALA

Chief Manager, FAIR FLACK

FLANG KOBK

SINGAPORE

BITIAWAN

BOURABATA.

LUMFER

Anaconda Copper

211

Northern Pacific

63

Branches:

Atchison, T. & S. Fe.

257

Owens-Illinois Glass Co.

43

Aviation Corp.

32

Amoy

Johore

On Manila:-

May

On demand

..... 48 1/2

Jrily

On Bangkok

September

891/89) 891/991 983/88) 88+/888 894/89

Pacific Gas & Elec

921/92

24 up

261

Baldwin Lecometive

15

Bangkok

Kobe

Rangoon Saigon

CANTON CAWNFORE CEBU

TAIPING

KUCHING

MADBAR

COLUMBO

MANILA

913/915

2 "up

Packard Motors

27

Baltimore & Ohio

31

Batavia

Kowloon · San

WELT!

MEDAN

92/921

2) up

Pan-American Airways

12+

Bombay

Kuala

HAIPHONG

Francisco

Barber Asphalt Col

81

Paramount Pictures

12

Calcuti

Lumpur Shanghai

On demand"

149 1/9

Tueday's sales:-14,091,000 bushels,

Barnsdali on

8+

Pennsylvania R.R.

211

Canton

London

Singapore

HAMBDAO HANKOW

NEW YORK PEIPING

(Peking)

TIENTBIN TONGKAN

(Bhuket)

TRINGTAL

YOKOHAMA

J

On Sterling Notes:-

Bendix Aviation

361

Bank Buying Rate

Now,

CHICAGO CORN

Bethlehem Steel

Phillips Fetroleum

331

Chetco

Lyons

77.

Public Service of NJ,

25%

Colomin

Malacca

Sourabays Sungei

Bar Silver per oz.

23 1/2

May

661/661

66,661

July

561/57

661/661

Market Report

FROM ROZA BROS.

Thursday, Apr. 3.

September

871/671

871/671" .671/671 68/881

1 up

Bilas & Co.

153*

Pullman Inc...................

Dairen Manila

271

up

Boeing Airplane Co:

153

Foochow Muar

+

Swatow

Pure Oll

B

I up

Borg-Warner

18

Radio Corpn. of Am.

Briggs Mig..

201

Bankow

NEW YORK HIDES

June September

Reading Company,

Com

15

Harbin

New York

Budd M'facturing Corp.

.4

Remington Arms Co., Inc.

51*

Iloilo

14.02/02 13.95/14.00 14,10/10

14.17/17 -14.21b/24a

.15 up

Canadian Pacific R'way

4+

- 11 up

Republlo Aviation Corp.....

37.1

[poh

48

Suver prices were unchanged

reported the market steady.

25

May American Trade bought NEW YORK SUGAR NO. 3 to A small extent. American

May Silver was quoted at 34.3/4 for

July

yesterday, the quotations remain-

Total sales for the day:122 contracts. "

ing at 234/2 for Ready and 23-NEW YORK COCOA 7/16 for Forward. Silver advices

Delanese

*22}

Republic Steel

19

"Revere Corp.

87

Chesapeake & Ohio.

40

Chrysler Corpn.

632

Reynold Tobac. "B"

32

Bafeway Stores

371

6.65/66.

6.61b/752

6,73 N

.08. up

Columbia Gas & Elec.

31

being

Schenley Distillers ..

93

Commercial Credit Co.

201

Sears Roebuck

Com, & Southern (Ord.) ...

7/18

724

Shell Union Oil

12

2.44b/46a 2,46b/48a

2.45b/46a 2.460/48a

.01 up unch

Consolidated Edison

201

Socony-Vacunum Oil

9

Consolidated on

51

Southern Paciác

Spot..

Volume of business done:-149 lots. The London-New York Cross rate was quoted at 402-1/2. New NEW YORK SUGAR NO. 4 York-London was quoted at 403-May

Continental Gan

374

10.

Southern Rly $5 pfd.

24

Continental Of

181

Copperweld Steel

-15

Spicer Manufacturing Co.

33

Standard Brands

6

1/4.

•

July

MARKET

.83b/.84a

.82.621 .87/88a .87/.87 Volume of business done:-119 lots. NEW YORK COPPER FUTURES ...... 11,80/60°

.81b7.82ła .Яeb/.87a

01 off

Curtiss Wright (D.)

»

Stand Gas & Elec.

9/16

.014 off

Curtiss Wright "A"

261

Standard Oll of California

201

Deere & Co.

214

Distillers Corpn. Seagrams

Douglas Aircraft

11.55b/75a 11.52b/60a .08 off

Du Pont de Nemours

Eagle Picher Lead

N.¥. Official Süver NY-London Cross Rate 4.03-1/4

8.10/10 34-3/4

8.30/30

.20 up

Eaton Mig. Co:......

34-3/4-

Elec, Autolite

4.03-1/4.

Elec. Bond & Share

Elec. Bond & Share $5.pf.

Elec. Bond & Share $6 pf.

Elec. Fower & Light $7 pf.

Flintkote

Gen. American Trans.

Gen. Electric

Gen Motors

1:2

Gen. Rallway Signal

12

Gen. Tire & Rubber

Glidden Co.

Goodrich (B.F.)

12

Goodrich $5 pf.

Goodyear Tire & Co.

Great Northern Iron Ore ..

£

8-13/16

KK & S'hai Bank (Ldn

Great Northern Rly, pid,

after 1952)

1042

Reg.;

Great Western Sugar

76

1011

a.K. & Shai Bank (Col

Greyhound Oorph.

market closed

11

Peg)

78

Hercules Powder Co,

Chinese 41% Gold Loan

Homestake Mining

Chinese Eng. & Mining

Int Nickel

1898 (Brit. Issue ..... Chinese 5 Gold Bonds.

1925/AT.

42

(bearer)

15/-

Chosen Corporation

41-

Inter. Paper & Puwer....

40-44

Mercandle Bank of In-

Int, Tel & Tel.

Chin. 41% Anglo-French

Johnsman

dia, £5. "G"

10+

Loan, 1908

Kennecott Copper

45

Pekin Syndicate

1/8

Chinese 5% Crisp Loan..

1912.

Bhat Elec. Constr. Co.

Libbey-Owens-Ford

10/-

Lockheed Aircraft

24

Bhai Waterworks “A”

1111

Chinese 5% Reorg. Loan,

1913 (Ldn. Is.) Chinese 8% Ster., Notes.

1925 (Vickers)

Union Insurance

23

31

8-10

Gula Kalumpong Rubber 15/- Lon., Mid & Bent., Rly. 131 Great Western Rly.

Chin. Imperial. Rly, 5%

Loan Henan, Rly, 5%

47

14

Bukuang Rly. 5%, 1911...

L.P. N/Y Issue)" Bukuang Rly. 5%. 1911

14

331 National Bank of India 31) B-A. Tob (bearer)

88/9 Dunlop Rubber.............. 33/101 Bristol Aeroplane..... 9/101 Imperial Chemical Ind. 30/14 United Steel

German Issue

12

Woolworths

21/6 48/-

1940/41 Eligh Low Dow Jones Averages 182.80, 111.84 30 Industriala

32.67 22.15 20 Rails 26.45 18.03 20 Utilities 92.19 83.06 40 Bonds 64.07 48.74 21

Ho!

Markman Investments 8/3

12

14

~#

Western Holding.........

9/6.

Sub-Nigel ...

12

shell Tranz.& Trad.

(bearer) *-bid

1457-

41/104

• Sex div

Dull.

... STERLING

No business was reported. There July

were. sellers. at 1/3 up to May. NEW YORK COTTONSEED OIL buyers at 1/3.1/32 for any livery.

de- July

C. S. DOLLARS Nothing doing. There were sellers at 24.1/2 up to May. buyers at 24.5/8 Cash and also May.

SHANGHAI DOLLARS Business was done" at 463.1/2. 483.1/4, 463 and 482.1/4. The market closed with sellers at 461. buyers at 452.

SHANGHAI MARKET

Opened with sellers of Sterling

LONDON STOCK EXCHANGE

(REUTER'S SERVICE; London, April 2.

The following quotations are the middle prices at the close of the are subject to confirmation and no jmarket in London. All quotations at 3.15/64. The highest rate re-responsibility is assumed for errors ported was 3.17/64 for Spot. The

in transmission. market closed with sellers at 3.1/4

for Spot. U. S. Dollars opened war Loan, 3% (Red with sellers at 5.9/32. The highest

rate reported was 5.11/52, The

5.5/16 for Spot.

sellers with

AFTERNOON MARKET

Quiet.

STERLING

Defence Loan, 3%-

at Canton-Kloon" Rly. 5%

The market closed with sellers

at 1/3 up to May, buyers at 1/3.- 1/82 for any delivery.

V. S, DOLLARS

Nothing doing. There were sel- lers at 24.1/2 up to May, buyers at 24.5/8 for any delivery.

SHANGHAI DOLLARS Opened with sellers st 462.1/4 and closed with sellers at 463, buyers probably at 463.1/2..

SHANGHAI DOLLARS Opened with with sellers of Sterling at 3.1/4 and towards the close the market was reported as being easier with sellers only at 3.15/64 for Spot. U. 8. Dollars opened with sellers at 5.5/16 then eased off to 5.9/32. At the close there were sellers again at 5.5/18 for epot.

Shanghai Exchange

Shanghai, Apr. 3 (Reuter).

Official TT. Rates.

London

New York

Opening

0/3-3/18- 5-3/16

Japan

22

India

17-5/8

Parts

Hongkong

nominal 21-1/8

Sterilus

Sellerà

Opening Closing 0/3-15/84 0/3-15/84 0/3-15/84 0/3-15/04 0/3-7/32 0/3-15/64

Lung Teing & U

Rly. 5% 1913 8nal-N'King Rly. 5% Tientsin-Pukow Bly. 5%

(Brit. Stpd.) Tientsin-Pukow Ry, 5%

JAPANESE NATIONAL HOLIDAY

Bhanghal, Apr. 3 (Reuter). Please note that all the Japanese markets are closed today.

BANK HOLIDAY LONDON: Banks, the Stock Ex- change, Lloyd's, etc., are all open

(German, Stpd.) Tientsin-Pukow Rly. 5% Brit. Stpd. Supl. Loan) Tientsin-Pukow Rly. 5%

(Ger. Stpd. Supl Loan) Jap. 6% Ster. Loan, 1924, 231-271 Ger. 7% Intl Loan, 1924 5 Chartered Bank

RESERVE BANK OF

| INDIA STATEMENT

Calcutta, Apr. 2 (Reuter).

Mar, 21 Mar, 28

Notes in circulation.” (including Notes held in the Bank-

ing Department)... 28,785 26,924

on Good Friday, April 11, but are Rupee Coln and Bul- closing on the Bank Holiday on Hon in India..... 3,332 3,471

The Baltic Exchange is Gold Coin and Bul-

April 14. closed on both days,''

Calcuna Exchange

Spot

Apr.

May

Calcutta, Apr. 2 (Renter), T.1' on Japan, 81-1/2,

lion in India Securities (Indian

Government)

4,961 8,787 Securities - (British

Government) 14,050 10,224

Figures in Lakhs Rupees)

4:441 4,441

Spot

Apr.

5-9/32

May

5-1/4

33-5/16 3-5/18 5-9/82

Market: Quiet. ·

U.S. DollarS

35-9/32

India Rupee Paper

Bombay, Apr, 2 (Reuter). Govt. 34% Rupee, 96-10-0

LONDON GOLD

London, Apr. 2 (Reuter). Bar Gold, Fine per oz., 188/

.C7 off 62.93 · .87 off

WANT-ADS ARE SURE

INDO-CHINA

BANK OF CHINA

Specially Chartered by THE NATIONAL GOVERNMENT

OF CHINA AS AN INTERNATIONAL EXCHANGE

The BANK

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

Operating Services for Cargo and Passengers

TO-

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN.

KOBE and OSAKA

SINGAPORE, PENANG. and CALCUTTA

SANDAKAN

HAIPHONG,

*All steamers berth alongside the Roosevelt Terminal, in the French Concassion at Shanghai, where passengers and cargo are landed.

For further particulars

please apply to

JARDINE MATHESON&Co.,LT TELEPHONE 3O3IL - GENERAL MANAGERS

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

Head Office: SHANGHAI Hong Kong Branch;

-4, QUEEN'§. ROAD, C.

South China Offices. CANTONMA KONGMOON SWATOW

TOISHAN

SHIUCHOWKINGCHOW

We also handle the issue of Bonds and other Public Funds of the Chinese Government both at Home and Abroad

SHOU J. CHEN

Manajer.

Standard O of NJ.......

351

15

72+

@tone Webster

61*

Studebaker Com,

61

1461

Swift International

181

83+

Technicolor

81*

321

29

Texas Corpn.

384

Texes Gulf Sulphur

354

23

Timken-Axle

304

642

Trans-America Co...

44

70

35

20th Cerit. For

.13)

Union Bag & Paper Corp.

11

Union Carbide & Carbon

662

507

Union Pacifle

78

327

United Aircraft

381

424

United Airlines Trans

123

THE CHASE BANK

127

103

United Corpn.

13/18

131

United Corpn. $3 cum pí.

237

13...

United Gas Corpn.

9/16

United

Gas Improvement "8

HEAD OFFICE:

617

184

UB., Industrual Alcohol

244

144

U.S. Rubber

231

254

US, Rubber $8 pid,

*** 931.

25

US. Smelting

63

U.8. Steel

573

118

70

Vanadium/

261

401

Vultee Aircraft

51

271

Walworth Ch.

42

13

Warner Bros. Pict

31

21t

Westinghouse Elec.

944

59

Woodward Iron Cor..........

22

Chase National Bank ......

34

Glasa

33

National City Bank

Libby. Moneill & Libby

DOW JONES AVERAGE

Apr. 3, 1941.

Apr.1, 123,28

High Low Close

Change

123.06 12.68 123.43

.17 up

28.76

28.02 28.75 28:07

.12.up

19,59

19.60 19.45 -19,61

.08 off

91.74

01.87

Commodity Index

63.20

ti

Business Done:---450,000 shares

Patani

tisiphong (Johore) Tientsin

Makden Tokyo

Tsingtao

Peiping Yokobama

Penang

FORK ON ESChanos and General Banking Business transacted.

CURRENT ACCOUNT epened and FIXED DEPOSITS received for One Year or shorter periods in Local or Other Currencies at rates 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 Office in London shorter periods in Local and Other undertakes Executor and Trustee Currencies on terms which will be business, and claims recovery of

quoted on application.

SAFE DEPOSIT BOXES of various sizes to let.

TRUSTEE and EXECUTOR business undertaken. Hongkong, 26th February, 1941.

HONGKONG SAVINGS

BANK

The Business of the above Bank is conducted by the BONGKONG SHANGHAI BANKING COR PORATION. Rules may be obtain

don application.

For the HoNoxono & ShangĦAJ

BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong. 26th Feb., 1939.

British Income Tax overpaid, an terms which may be ascerta'ned at any of the Agencies, and Branches... W. H. EVANS THOMAS,

Manager.

BANK OF EAST ASIA, LIMITED

Coordin

5,598,600.00

Authorised Capital.....910,000,000.00 Paid-Up Capital Reserve and Undivided

Proste

2,983,201:50

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

Board of Director.

HON. SIR SHOUSON CHöw, Chairman Li Koon Chun, Esq.

P. K. Kwok, Exq,

Li Lan Sang, Eng.

Wong Chu Son, Daq,

16, QUEEN'S ROAD, CENTRAL Wong Yan Tong, Esq. Feng Ping Wah Eaq.

Chan Ching Shok, Baq.

KAN TONG PO, Esq., Chief Manager HON, MR. LI THE FONG, Manager

18, PINE STREET.

NEW YORK. An American Bank offering com-

plete Foreign Banking Service Am

in the principal Markets of the vis world.

Interest Rates on Application,

SAFE DEPOSIT BOXES.

This Bank is entirely owned by THE CHASH NATIONAL BANK, NEW YORK, with Resources of over U.S.83,500,000,000.

D. L. BALLANTYNE,

Manager,

Branches and Agencres:

Konios Penang

- Lotution Manila.

Ban-roon

Bisgaporu

Bourabaya

Balaba Barstow

Malbourne San Fran- Sydney

Nagunka

Paris Pelping

adaan na

Semarang Shabal

Every description of Banking and Exchange business transacted.. Lösna granted on approved securities.

Current Accounts opened in Local Currency and Fixed Deposita ceived for one year or aborter periods in Local and Foreign Cur rencies on terms which will be quoted on application."

SAFE LEPOSIT BOXES TO LET

KAN TONG PO,

Chief Manager.

Bombay

Falphons" Hankow Momolan

New York

Seattle

Vancouver