1941-04-05 — Page 10

881 14.08

NEW YORK COTTON

Close

Opening

Closing.

Change

Alleghany Steel Co.

May

11.24/24

11.33/34 11.40/40

18 up

July

11.24/24

11.33/32

11.38/38

October

11.21/21

11.31/31

11.31/31

.10. up

War Loan, 34% (Red,

after 1952) Defence Loan, 3%

Allis Chalmers

1047

Aluminium Ltd.

+++ ***

1017

Amer, Can

11.19/19

11.50/30

11.31/31

.12 up

Janton-Kloon Rly. 5%

I

American Cyanamid B.

11.17 N

11.28/28

11.30 N

.13 up

| Chinese 41% Gold. Iwan

Amer. & Foreign Power

11.15/15

11.20/30

11.29/30

14 up

11.44

11,70'

.26 up

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

1828/4....

42

Amer & Foreign 37 pf.

Amer. Locomotive

40-44

Amer, Metals Co.

[Chin. 41% Anglo-French

Amer. Radiator

Loan, 1908

45

Amer. Rolling Mill

May

22.08/06 July (New contract) *21.48/48

September (

December (

')

23.20/20 21,456 21.08/06

21.13/14 20.80b/85a 20.80b

22.18/18

.12 up

Chinese 5% Crisp Loan.

Amer, S'ting and B'ing Co.

21.48/48

unch,

1912

སྒྲ་

Amer. Sugar Refining

21.20/20

.14" up

Chinese 5% Reorg. Loan,

Amer." Tel, & Tel. :....

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

NEW YORK COMMODITY MARKET

(REUTER'S SERVICE)

NEW YORK, April 3, 1941.

New York Cotton, May New York Rubber. May Chicago Wheat, May Chicago Corti," May New York Hides.' June

December

January

March

Spot

Prev. Today's

High Low Close Close Chiange 11.47 11.33 11.24 11.40 14 up 22,40 22.15 22.06 22.18 .12 13p 531 911 92 911 of 678 66 671

*.. off 14:28 14.18 14.17

09 off

Total sales Wednesday:-124,000 bales.

NEW YORK RUBBER

מנו 12,

LONDON STOCK

EXCHANGE

(RKUTER'S SERVICE)

London, April 3. 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 etrors in transmission.

£

NEW YORK STOCK EXCHANGE

STOCKS

Adams Express

QUOTATION

(REUTER'S SERVICE)

* APRIL 4, 1941.

National Distillers

SATURDAY, APRIL 5, 1941.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital $50,000,000

INDIA, AUSTRALIA

AND CHINA

Thaded & Fully Paid-Up 850,000,000 Incorporated by Royal Charter, 135#

Reserve Funds":"

Storting

6,500,000 Paid-Up Capital"

H. Currency Reserve $10,000,000 Reserve Fund Reservo Liability of

Proprietors.....

$20,000,000

Head Office:-HONG KONG

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

Chairman.

Reserve Liability of Pro-

prietors......

£3,000,000 £3,000,000

.....£3,000,000

HEAD OFFICE: LONDON: '

38, Bishopsgate E.Q.3. Sub-Agencies In Lendon: 117/12, Leadenhall Street, E..

West End Branch:

14/18, Cookspur Street, 8.WI Manchester Branch:

"

ba, Mosley Street, Manchester, $

AGENCIES AND BRANCHES

ALOR BTAK

AMRITSAR

BANGIOK

BATAVIA

BOMBAY

HONG KONG PENANG

RANGOON

BAIGON

ILOILO

POK

KARAOH 'KLANG.

KOBE

BERTAHAN

BHANGHAI

BINGAPORE

Last Sale

STOCKS

Last Sale

Apr. 3

6

Apr. 3

Loew's Inc.

$34

21.

Loft Incorperated .....

18+

287

Mack Truck Inc.*

751

Martin, Glen E.

28

89

36

McKesson & Robbins, pld. 291

Montgomery Ward

374

W. H. Lock, Esq.,

13/16

122

M'tain City Copper Co.

3

Deputy Chairman,

National Aviation

J. K. Bousfeld, Eng.,

13+

4

Nat, Dairy Products

133

181

A. H. Compton, Esq. L. J. Davies, Eng.,

201

National Lead...

Hon. Mr. S. H. Dodwell,

15

141

Nat. Power "E"Light"

G. Miskin, Esq.,

401

K. S. Morrison, Esq.,

National Supply Corp.

58

17

New York Central ::.

133

161

Niagara "Hudson Power

20.90 N

.10 up

· 1913 ̃(Idn, Ia)".

31

Amer. Tobacco "B"

24-

694

N. American Aviation .....

14#

Chinese 8% Ster. Notes,

Amer. Waterworks

52.

Total sales for the day:830 tons,

CHICAGO WHEAT

North American Co.

15-

1925 (Vickers) Chin. Impertal Rly, 5%

Loan

8-10

Anaconda Copper

25

Northern Pacific

to

Atchison, T. & S. Te

273

Owens-Illinois Glass Co.

17

Aviation Corp.

438

.....

31

May

July

September

924/92

921/921

911/91

913/02

92/921

911/91/ 904/901 .911/914

off

Pacife Gas & Elec

Amoy

Branches: Jobore

27+

Honan Rly, 5%

Baldwin Lecometive

154

Bangkok

Kobe

Hukuang Rly 5%, 1911.

Baltimore & ONG

Packard Motors

21

Batavia

Kowloon

Rangoon Saigon San

t off

Pan-American Airways

121

(L.P. N/Y Issue)

14

Barber Asphalt Co

..

Bombay

Kusla

"

Wednesday's sales:-19,009,000 bushels.

1

Hukuang Rly. 6%, 1911

German Issue}

Barnsdall Off

Paramount Pictures .........

121

Dalcutta

Lampar Shanghai

Pennsylvania R.R.

25

Canton"

London

12

Bendit Aviation

37

CHICAGO CORN

May

July

September

671/671

67/66 671/671 67/068 68)/681

861/661 67/67 67767

+ off

Lung Tsing & U

Rly 5% 1913

Hal

Bethlehem Steel

Phillips Petroleum

38

Obetoo

Lyons

Singapore Sourabaya

783

Public Service of NJ.

251

Colombo

Malacca Sungei

12

Bliss Co.

161

Dairen

Manila

Pullman Ing..............

28

ohai-King Rly.5%

14

Boeing Airplane Co.

18

Foochow

Must

Patani" Swatow

NEW YORK HIDES

off Tientsin-Pukow Rly. 5

(Brit. Stpd.)

"Borg-Warner

Pure Ol......

9

181

12

Briggs Mig.

207

Radio Corpn. of Am,

Reading Company,

Com 15*

Haakow

Harbin

June

September

14.17/17 14.24/28 14.21b/24 14.30/35

14.08b/13a .00 of 14.20/23 01 of

May

Total sales for the day-110 contracts, NEW YORK COCOA

NEW YORK SUGAR NO. 3

6.73 N

6.65b/75a

6,70 N

Tientsin-Pukow ́ Rly. 5%

(German Stöd.) Tientsin-Puków. Aly, 5%

(Brit. Stpd. Supl Loan) 12 Tiantain-Pukow Rly. 5%

(Ger. Stpd. Supl. Loan) · 12 .03 of Jap. 6% Ster, Loan, 1924 25-29

Ger, 7% Intl Loan, 1924 5 Chartered Bank

8-13/16

Budd M'facturing Corp.

41

12

Canadian Pacific R'way

4

Remington Arms Co., Inc.

Case, SI

501

Republic Aviation Corp

31

Celanese

223

Republic Steel

194

Chesapeake & Ohio

Revere Corp.

91

402

Columbia Gas & Elec

May

July

2.455/432

2.48b/48a

2.48b/47a 2.46b/47a

01 up unch

H.K. & Shal Bank (Ldn

Reg.

Chrysler Corpn.

Commercial Credit Co.

Com, & Southern^ord) Consolidated Edison

651

Reynold Tobac. "B"

Bateway Stores

373*

32

Schenley Distillera

91*

20

7/18

Sears Roebuck

724

1

Shell Union Oll

121

201

Bacony-Vacunum 01

76

Consolidated O

51

Bouthern Pacific

104

}

Volume of business done:-204 lots.

NEW YORK SUGAR NO. 4

HK & Shal Bank (Col

Fég)'..

Continental Gan

381

TRUSTEE and

76

Continental O4..........

20

Southern Fly $5° pfd.

257

Chinese Eng. &, Mining

Copperweld steel

Spicer Manufacturing Co. 332

151

May

July

814b/.821a814b/.83a .86b/.87a .877.87

.81+b/8218 pach. .86b/.861a unch.

Standard Brands

8

(bearer)

15/-

Curtiss Wright (C.)

9

Chosen Corporation

41-

Curtiss Weight "A"

201

Stand Gas & Elec.

#

Standard Oll of California

21

Volume of business done:-97 lots. NEW YORK COPPER FUTURES July

Mercantile Bank of In-

Deere & Co.

22

Standard Oil of NJ.

88.

dia. 25, "

101†

Distillers Corpa. Seagrams

151

Hon. Mr.T. E. Pearce,

Hon, Mr. A. L Shields, Sir Vandeleur M. Grayburn,

Chief Manager.

CALOUTTA

AGENCIES:

FAIRLIK FLAGS

CATE STEET KUALA

CANTON

CAWNPORE CKBU COLOMBO DELEI

Francisco BAIPHONG

Heiphong oboré) Tientsin

Mukden Tokyo New York Tsingtao Peiping Yokohama Penang

floilo Ipoh

CURRENT ACCOUNTS opened in Local Currency and FIXED DE- POSITS received for one year or shorter periods in Local and Other Currencies on terms which will be quoted on application,

SAFE DEPOSIT BOXES various sizes to Ich

HAMBURG HANKOW

MEDAX

BITIAWAN

SOURABAYA TAIPING TIENTSIN TONGKAX

(Bhuket)

* THINGWAG

NEW YORK - YOKOHAMA PRIPING

(Peking)

.:

FOREIGN EXCHANGS and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSIT 'received for One Year or shorter periods in Loca) 01 Other Cufncies at rates which will be quoted on application.

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

undertakes Executor and Trusted The Bank's Head Office in London business, and claims recovery British Income Tax overpaid, on of terms which may be ascerta ned st

any of the Agencies and Franches.

W. H. EVANS THOMAS,

Manager.

EXECUTOR

business undertaken. Hongkong, 28th February, 1941...

HONGKONG SAVINGS"

BANK

LEEFUR

KUCHING

MADRAS

MANILA

11,52b/60a 11.526,55a 11.40b/45a

.12. of

Pekin Syndicate

1/0

Douglas Aircraft

74)

Stone & Webster

63

Studebaker Com,

61

B'hal Etc. Constr. Co.

10/-

Du Pont de Nemours

148

The Business of the above Bank

Swift International

181

NEW YORK COTTONSEED OIL

@hal Waterworks “A”

11.

Eagle Picher Lead: .....

&

is conducted by the BONGKONG

July

8.30/30

8.34/34

.04 up

Union Insurance

23

Eaton Mfg. Co...

33f

Technicalor

81*

...... 34-3/4

LONDON, April 3 (Reuter).

NY. Official Silver

NY-London Cross Rate 4.03-1/4

WEEKLY RETURNS AND REPORTS Dunlop Rubber

BANK OF ENGLAND

Mar. 27

Apr. 3 (000's Omitted)

34-3/4 4.03~1/4.

Gula Kalumpang Rubber

15/-

Elec. Autolite.

291

Texas Corpn.

37+

Lun., Mid, & Scot., Rly.

13

Elec. Bond & Share

27

Texes Gulf Salphur

35)

ed on application.

Timken-Arte ...

31

For the HONGKONG & SHANGHAI

Great Western Rly.

334

Elec. Band & Share $5 pt.

65)

National Bank of India

314

Elec. Band & Share $6 pt.

70

Trans-America Co.

BANKING CORPORATION.

A

B-A Tob (bearer)

88/9

34/-

Elec. Power & Light 37 pi. Filatkote

361

20th Cent, Fox.

61

131

Union Bag & Paper Corp.

114

V. M. GRAYBURN,

Chief Manager.

Bristol Aeroplane

10/3

Gen. American Trans.

514

Union Carbide & Carbon

871

Hong Kong. 25th Feb; 1939. -- --

Imperial Chemical Ind. 30/3

Gen. Electric

331

Union Pacific

80

United Steel

221-

Gen Motors

43

United Aircraft

384

Woolworths

47/9

Gen. Railway Signal

13+

United Airlines Trans

13

Marzinan Investments

6/3

Gen. Tire & Rubber

114

United Corpn.

£

£

Western Holdings

9/6.

Glidden Co.

134

United Corpn. 3 cum pi.

Pubile Deposits

21,980

22.240

Sub-Nigel

145/-

Goodrich (B.F.)

134

United Gas Corpn.

Other Deposits:-

Bankeru

hell Tranı.

Trad.

Goodrich $5. pl. jan 611

United Gas Improvement

81

118,600

101,450

(bearer)

41/10/

Goodyear Tire & Co.

19.

¡U.B.. Industrual Alcohol. ...

25

Other Accounts Total

52,290

35.240

*-bid

-ex. dhr

Great Northern Iron Ore .....

14/

UA. Rubber

241

170,890

156,600

Great Northern Riy, pfd.

27

|US. Rubber $8"pfd,

944

Government Securities

126,510

124.540

Great Western Bugar .....

251

JUS. Smelting

647

plete Foreign Banking Service Amy Kowloon

BANK OF EAST ASIA, LIMITED

& SHANGHAI BANKING COR- Authorised Capital...$10,000,000.00

PORATION. Rules may be obtain Paid-Up Capital 6,598,600.00",

THE CHASE, BANK

15, QUEEN'S ROAD, CENTRAL

HEAD OFFICE:

18, PINE STREET.

NEW YORK. An American Bank offering com

Reserve and Undivided

Profita

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

wwwwwwww...

Board of Director. HON. SIR SHOUSON CROW, Chairman Ei Koon Chan, Esq. Li Imu Sang, Esq P. K. Kwok, Esq. e Wong Chu Son, Esq. Wong Im Tong, Esq. Fig Ping Wah Esq.

Chan Ching Shok, keq, starih

KAN TONG PO, Esq., Chief Manager HON. ME. LI TE FONG, Manager

Branches and Agencies:

PODABE Singapore

2,983,281.60

Other Securities:-

Discounts and Advances

45,280

36,810

Securities

19,340

18,130

Total

€4,620

55,940

Notes and Coins

19,860

18.570

Total Bullion

1,340

1,200

Notes in circulation

611,460

€14,530

Ratio of Reserve to Liabilities

10,20%

Price of Gold at which holdings are valued.. 168/-

9.25% 168/-

FEDERAL RESERVE SYSTEM

RETURNS

LONDON METALS

EXCHANGE ·

London, Apr. 3 (Reuter).

Standard, Cash, Middle

TH Price: £267-7/8.

Tin, Standard 3 months. Middle Price, 285-3/8,

cent Apr. 3

Market steady. Ministry of Sup.. ply plentifully offered "cash” at £263 as compared with £288-3/4 yesterday, but the market readily absorbed, covering against the re- grant of export licences. Dutch interests secured two thirds and "the - American · ·Metal 06. secured the remainder of the United States Navy order 450 tons at £288 buyers and £265-3/4 sellers,

Lockheed Aircraft

Greyhound Corpn.

117

U.B. Steel

681

Hercules Powder Co

69*

Vanadium

271

in the principal Markets of the world.

London

Mangoo Bouralwys

Bombay

Kanila

Homestake Mining

461

Vultee Aircraft

Interest Rates on Application.

Cortla Haiphong

Malhotra Ban Fran- Bydney 25ignatica

Int Nickel

281

Walworth Co

Inter. Paper & Power Int. Tel. & Tel.

141

Warner Bros. Pict.

33

2}*

Westinghouse Elec.

941

Johnaman

59+

Woodward Iron Cor.

29

Kentecott Copper Libbey-Owens-Ford

34

Chase National Bank

Glass

334

National City "Bank

23;

Libby. Monell & Libby

311* *274* 51

DOW JONES AVERAGE

1940/41

Righ Low Dow Jones Averages 159.80 111.84 30 Industriala

32.57 22.15 20 Rail 26.45 18.03 20 99.19 83.06 40

Apr. 2,

123.43

28.37

Utilities Bonda

10.51

Apr. 4, 1941, High Low Close 124.33 123.74 124.85 29.80 -29.05 29.75 19.76 19.45 18.61

Change 1.29 up

78 up

.10 up

Head, Offco:-15, Gracechurch Street,

London, EC

81.67

84.07 48.74 11. Commodity Index

€2.93

..

.93 up Business Done:-940,000 shareä ·

21.88 63.86

F up

Authorised Capital

£8,000,000

this badbad Capital

21,900,000

Paid-up Capital

£1,050,000

21:54,639

BANK OF CHINA

SAFE DEPOSIT BOXES

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

DI. BALLANTYNE,

Manager,

-THE MERCANTILE BANK

OF INDIA, LIMITED

NewYork: "Besitle Vancouver.

Paying

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

Current Acódits opened in Local Currency and Fixed Deposits-re- ceived for one year or shorter periods in Local and Foreign Cur fehdies on ferma which will be quoted on application/

SAYE EXPOSIT BOXES TO LET:

KAN TONG PO,

Chief Manager.

ROW Elenolulu Kobe

Bemarang Shaughn

NEW YORK. Apr. 3 Reuter)

Mar. 28 (1940) Mer, 27

(000's Omitted,

Bills Bought

US Securities held

Federal Reserve Ratio.

2,475,000

67.83

Federal Reserve Credit Outstanding. 2,510,000

Monetary cold Blocks

Industrial Advances

18,413,000

10,483,000

2,184,000 2,184,000

21.33%

91,227 2.221,009 2,244.000 22,259,000 22.394,000

7,957,000

7,820,000

LONDON STOCK

SILVER MARKET

LONDON SILVER

EXCHANGE

LONDON, Apr 4 (Reuter)-The

INDO-CHINA

STEAM NAVIGATION COMPANY LTD London, Apr. 3. (Reuter),

London Stock Exchange was cheer Silver Small trade demand was ful and mostly firm yesterday, satisfied from production selling. especially industrials," where gains Market quietly steady. In the were widespread with frons and afternoon, the market was idle and steela prominent, but the markets featureless, with no business. closed quieter.

Spot, 23-1/24. Forward, 23-7/164.

Gut-edged were firmly held, and oils and home falls were also little changed. Kafirs, were irregularly į lower but African gold mines ad- vanced; Coppera were more active,

Japanese and Brazilian bonds were good among foreign issues where there was some buying. Chinese Customs Loans were also good

Wall Street generally was firm

LONDON GOLD

London, Apr. 3(Reuter), Bar Cold. Fine per oz., 168/-

BOMBAY SILVER Bombay, Apr. 3 (Reuter). Market-Steady. Offiake 100 bars. Indian Mint Silver " Ready.......... 63-01 April 22 Settlement... "May 21 Settlement

83-01 63-03

Operating Barvices for Cargo and Passengers

-TO-

"SWATOW, SHANGHAL TBINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

please apply to

JARDINE MAT

THESON& Co TELEPHONE ZOZIE GENERAL MANAGERS

Reserve Fund and Best,

BANKERS:

The Bank of England and Midland.

Bank. Ltd. 2 stmonta!" BRANCHES:

Bangkok

Ipoh.

Bombay

Jeffos

Onlcutta Colezabe

Kantau

Dethi

Galle Hongkong Howrah

Tota Bharu

Koala pis

Karabi

Kuala TrengguJ

New York

Rangoon

bangal

8Im

Kuala Lumpur. HONG KONG BRANCH:" Every description of Banking and Exchange

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

BANK PAID-UP CAPITAL $40,000,000.00

(BRANCHES ALL OVER ORIA) Owing to our numerous Branches in Chine and connections in the principal Commercial Centres of the World, we are able to extend

TRUSTEE AND EXECUTORSHIP MOUSESTE UNDERTAKEN CURREN CURRENT ACCOUNTS operách Local- Chur TEBOT 1 FIXED DEPOSITA recetres le Local to our Clients special facilities for Carney & BERLING on terms that may be Domestic and Foreign Banking and Kuvertuận vi om spy Nestion.

D. BENSON,

WANT ADS

Trusted

Exchange

Head Office; SHANGHAT Hong Kong Branch:

4, QUEEN'S ROAD, O, South China Ofices.

KONGMOON TOISHAN

CANTON SWATOW SHIUCHOW KINGOHOW

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

SHOUJ CHEN,

Manager

SINGAPORE, PENANG and CALCUTTA

SANDAKAN.

HAIPHONG

All steamers borth alongside the Roosevelt Terminal in the French Concamion at Shanghai, where passengers" 'and cargo ere landed.

BROKERS LOANS For farther particulars

New York, Apr. 3 (Reuter) Loans securities to brokers in New York ZAVD: Wk-ended WK-ended Wk-ended

28/3/20 27/3/412/3/441

$487,000,000 $391,000,000 $370,000,000