1941-04-14 — Page 10

Daily Press 孖剌西報 All

(REUTER'S SERVICE)

NEW YORK, Apr. 12, 1941

Prev. Today'a High Low Close Close Change 11,34 11,28 11,28 11.34 .06 up 22.83 22.82 22.66 22.82 .17 up 92 901 901 911 11 up 671 B7+ 67je

671 "up 13.75 19.67 13.79b 13.68" 11 of

Close

Closing

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

London, Apr. 11. 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 la transmission.

NEW YORK · COMMODITY MARKET

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

NEW YORK STOCK EXCHANGE

QUOTATION

(REUTER'S SERVICE) APRIL 13, 1941.

"STOCKS

32+ Glass 33..

*****---་་-

Sterling

BTOCKS

Last Sale

Apr. 12

Last Sale Apr. 12

Adams Express

5

Alleghany Steel Co.

101

Allis Chalmers

27

Change

Amer. Can

87

MBY

11.28/28

11.34/34

.08 UP

American Cyanamid B....

£

351

Kennecott Copper Libbey-Owens-Ford "Lockheed. Aircraft Loew's Inc. ....... Martin, Glen L....

Reserve Liability of

Proprietors

$20,000,000

21

Head Office:-HONG KONG

291

264+

July

11.25/25

.11.28/30

.03 up

Amier & Foreign Power

War Loan. 34% Red,

after 1952)

13/18 Montgomery Ward

Hurd of Directors: a. Mr. J. J. Paterson,

312

October

11.19/19

11,22/24

.03 up

Amer

Foreign $7 pf.

104

15+

National Aviation

December

11.19/19

11.23/23

01 up

Amer. Locomotive

Detence Loan, 3%...... Janton-Kloor Rly. 5% Chinese 41% Gold Loan

1011

111

Net, Dairy Products

12

W. H. Lock, Esq.,

January

11.17 N

11.21 N

.04 up

Amer, Metals Co.

11

161

National Distillers.

March

:Spot

11.19/19 11.52

11:22/22

03 up

Amer. Radiator

67

Nat, Fower & Light

· 11.58

.08 up

1898 (Brit. Jaque) Chinese 5% Gold Bonds,

1925/47

42

Amer, Rolling Mi

13)

National Supply Corp.

L

Total sales Thursday:-105,500 'bales."

Amer. Sting and Ring Co.

363

New York Central

Hou. Mr. S. H. Dodwell,

·40-44

Amer. Sugar Refining

142*

Niagara Hudson Power

NEW YORK RUBBER

G. Miskin, Esq...

Chin. 41% Anglo-French

Loan, 1908

Amer. Tel,

Tel.

1562

N. American Aviation

13

K. 8. Morrison, Esq.,

45

May ***

22.65/65 22.82/83

.17 up

Amer. Tobacco. "B"........

68**

North American Co.

14

on. Mr. T. E. Pearce,

ca

July

(New contract)

21,48/50

21.60/60

.12 up

Amer. Waterworks.

5

Northern Pacific

8

MONDAY, APRIL 14, 1941.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital 850,000,000

INDIA, AUSTRALIA AND CHINA

Issued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, 1850

Reserve Funds:

12

£8,500,000 Paid-Up Capital B.E. Currency Reserve $10,000,000 Reserve Liability of Pro-

Reserve Fund

Chairman.

Deputy Chairman.

J. K. Bousfeld, Esq., A. H. Compton, Esq., L. J. Davies, Esq.,

prietors

£3,000,000

£1,000,00

**£3,000,000

HEAD OFFICE: LONDON:

38, Bishopagate E.0.9.

Sun-Agencles In London: 117/192 Leadenhall Street, E.CA West End Braneb: 14/18, Cockspur Street, S. W 1 Manchester Branch: 62, Mosley Street, Manchester, L

AGENCIES AND DEANCHES

ALOE STAR AMRITBAL..

BANGIOX

BATAVIA

יו

BONA TUNG

ILOILO IPOH KARACHI KLANG

PINANG

MANGOON

BAIGON

BERIMBAJ

SHANGHAI,

BOMBAY

Chinese 5% Crisp Loan.

1912.

24

September (

)

21.20/20

21.30 N

10 up

Anaconds. Copper

224

Packard Motors

21

December (...)

20.85 N

20.95 N°

10 up

Atchison, T. & S, Fe

Chinese 5% Reorg, Loan,

1919 (Lan. Is.)

242

Paramount Pictures

111

31

Total sales for the day:-350 tons.

Aviation Corp.

3}

Pennsylvania RR

23+

Chinese 8% Ster. Notes.

Baldwin Lecometive

134

Phillips Petroleum

1925 (Vickers}

8-10

CHICAGO WHKAT

Baltimore & Ohlu

34

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

A aloy

Branches:

Johore

Chin. Imperial Rly, 5%

May

Loan

47.

July

Honan Rly, 5%

14

September

905/904 911/913 881/89

901/901 891/891 902/903

1 up

Barnsdall Ou

31

Pure Oll

Bangkok

Kobe

1 up

Bendix Avlatiga

33

Radio Corpn. of Am.......

4

Batavia

Kowloon

Rangoon Saigon San

1 up

Bethlehem Steel

721

Reading Company, Com

144

Bumbay

Kuala

Fukuang Fly 5%, 1911...

Bliss & Co.

14

Thursday's sales:-12,765,000 bushels,

Remington Arms Co., Inc.

5+

Calcutta Lumpur Shanghai

(L.F. N/Y Issue1

14

Boeing Airplane Co.

138

Republic Aviation Corp....

34

Canton

London

Bukuang Rly. 5%. 1911

ני

CHICAGO CORN

Borg-Warner

183

Republic Steel

17

Chefoo

Lyons

Singapore Sourabays

German Issue>

12

May

Lung Teing & U

Hat

July

Rily. 5% 1913

12

S'hai-N'King Ply. 5%

14

Tientsin-Pukow Rly. 5%

(Brit. Stpd))

Tientsin-Pukow Rly. 5% (German Stpd.) ..... Tientsin-Pukow Rly. 5% Brit. Stpd. Supl.. Loan) Tientsin-Pukow Rly. 6%

Ger. Stpd. Supl. Loan) Jep. 5% Ster. Loan. 1924 Cer. 7% Inti. Loan, 1924 Chartered Bank

12

H.K. & Shat Bank (Ldn.

Reg.)

75

FI.K. & Shai Bank (Cal.

Peg)

Chinese Eng. & Mining

(bearer)

Chosen Corporation

Mercantile Bank of In-

dia, £5, "G"

Pekin Syndicate

B'bai Elec. Constr. Co.

སྐུང སྦེ་ལུ་ སྐུ་ཕྲo* . Ëནྡེ $e

September

6720

673/671 671/871 681/881 673/68 681/68+

Briggs Mig.

191

Reynold Tobac. "B"

311

Colombo

Malacca

Sungei

up tup

Budd M'facturing Corp.

33

Schenley Distillers

9

Dairen

Manila

ł up

Canadian Pacific R'way

33

Shell Enion Of

Poochow

Muar

Saato

12.

Jelanese

20

Haiphon

(Johore) Tientsia

Socony-Vaconum Of

81

Bankow

Makdon

Tokyo

NEW YORK HIDES

Chesapeake & Ohio

382

Southern Pacific

Harbin

Jurie

September...

13.79b/83a 13,68/88 13.85/86 13.72/75

.11 off

Chrysler Corpn.

60

Southern Rly $5. pfd.

221

13 off

Colunibla Gag & Elec.

3.

Spicer Manufacturing Co

31

Total sales for the day:-56 lots.

Commercial Credit Co. Com, Southern (Ord.)

*27

Standard Brands ......

6

7/18

Stand Gas & Elec.

9/16

NEW YORK COCOA"

Consolidated Edison

201

Standard Ol of N.J.

343

Consolidated Of

5+4+

Studebaker Com

6.

May

7.05 N

unreceived.

12

Copperweld Steel

142*

Swift International

177*

211

NEW YORK SUGAR NO. 3

Curtiss Wright (C.)

8

Technicalor

&

May

July

2.44b/45a 2.42/43a 246b/47a 2.43b/44a

02 off

Douglas Aircraft

"67

Texas Corpn.

384

quoted on application.

.03 aff

Du Pont de Nemcurs

1401

Trans-America Co.

42

Eagle Picher Lead

8*

20th Cent. Fox

.8

Volume of business dore:-85 lots,

Elec. Autolite

27

Union Bag & Paper Corp.

101

NEW YORK SUGAR NO. 4

Elec Bond & Share

21

·

Unton Pacific "

761

781

Elec. Bend & Share $5 pt.

014

United Aircraft

347

May

July

15/-

701b/774a 763b/77% 81b/8ija 30jb/.81a .00% off

unch.

4/-

Volume of business done:-58 lots.

Bec. Bond & Share 58 pi. Elec. Power & Light $7 pt. Flatkot

85

United Airlines Trans

101.

32*

United Corpn.

121

Dnited Corpn. $3 cum pí.

221

Gen. Electric

NEW YORK COPPER FUTURES

101

Gen Motoza

1/6

July

11.30b/35a 11.30b

unch.

Gen. Railway Signal

10/-

NEW YORK COTTONSEED OIL

Gen. Tire & Rubber

8'hal Waterworks "A"

111

Goodrich (BF)

July

Union Insurance

23

NY, Official Silver

Gula Kalumpang Rubber 14/9. Fon., Mid, & Scot., Ply. 117

N.Y.-London Cross Rate

8.79b/.80a 34-3/4 4.03

8.71/71 unquoted

.08 off

Goodyear Tire & Co.

Great Northern Iron Ore

4.03

H.

Great Northern. Rly, pid,

Creat Western Rly.

321

Great Western Sugar ".in

National Bank of India 311

Int Nickel

B.-A. Tob (bearer)

85/-

Dunlop Rubber

32/101

WEEKLY RETURNS AND REPORTS

Inter. Paper & Power int. Tel, & Tél,

Bristol Aeroplane...

10/3

Johnsman

Imperial Chemical Ind.

29/3

CANK OF ENGLAND

alted Steel .....

2173

LONDON. Apr. 10 Reuter

Wentworths

46/7

Marsman Investmente...

6/3

Shell

Western Holdings

Sub-Nigel

(bearer)

~bid

9/3

Public Deposita

Apr. 3

(000's Omitted)

22,240

Apr. 10

1940/41

$

High Low Dow Jones Averages 152.80.111.84 30

18,720

142/6

Other Deposits:-

3267 22.15 20 26.45 18.03 20

Tran...

Trad.

Bankers

101,450

110,080

92.19 83.06 40

41/3

Other Accounts

55.240

53,300

64.07 48.74 11

+ Lex div

Total

156,690

103,380

Government Securities

124,540

127,970

Other Securities:-

Discounts and Advances

36,810

39.910

Securities

19,130

19.310

Total

55.940

59.270

Notes and Coins

16,570

12,560

Total Bullion ...

1,200

1,280

Notes in circulation

£14,630

618,720

Prica of 'Gold at which holdings are valued

9.25% 168/-

8.80% 158-

U.S. MERCURY

OUTPUT

Raised Hundred Per Ratio of Reserve to Liabilities

Cent. In Past Year

The

The domestic supply of dulék- fiver has expanded "in America more than 100 per cent. in the last year and has surprised the War Department by meeting national defence needs, according to S. H Williston, vice-president of Horse Heaven Mines, Inc., Oregan quicksilver producer. »

اري

FEDERAL RESERVE SYSTEM RETURNS

NEW YORK, Apr, 10 (Reuter), * Apr. 4 (1940)

Apr. 3.

(000's Omitted,

Apr. 10

12

the

Bilis Bought J..

US Securities held

Federal Reserve Ratio

2,467,000

· 87.94%

Federal Reserve Credit Outstanding. 2,512,000 Monetary Gold Stocks

Industrial Advances

18,470,000 10,128,000

2,184,600

91.22% 2,244,000 22,334,000 7,820,000

3.184.000

91.22% 2.235,000 24,413,000 7.395.000

$

A year ago the War Department and bureau of mines believed it impossible for America to furnish .her OWIŁ supply of quicksilver. But the first sizable order by the

UA. Government for the metal, The Indriamine in Italy. is the 5.000 flasks containing 78 pounds other supplier of the ore. each, sold at $150 a flask. It was

absorbed by the domestic market.

without an

price

The principal use of quicksilver appreciable rise in now is in munitions manufacture.

12

All of the metal placed in this in-

use.

Boxer Indemnity

Fund Administration

dustry is non-recoverable. . Quick- CHUNGKING, April 13: Their Williston said Oregon supplies silver used in industry may be term of office having expired, Mr. about one-third of all quicksilver used over and over and is vir Chen Chi-tsal, Dr. J. Heng Liu, produced in America and

last tually indestructive. It may be Mr. T. L Soong, Sir Robert Calder- year the Oregon output increased recovered and purized for future Marshall and Mr. Tai Tung-jen. by 125 per cent.

members of the Board of Trustees Many small mines now in pro

for the Administration of the Williston explained that it was duction, earning a profit could not not

Sino-British Boxer" possible to determine the Fund, were appointed to serve for Indemnitý operate

however, if the price future needs of the Government a second term by the National should zip to that prevailing two for mercury because of the ex-Government in a mandate issued years ago of below $90 a flask.

panding national defence picture. yesterday. PRODUCTION B.C.

He-sald demands alzo were being

on the domestic supply to In another mandate, Generals The two big European mines made supplied the world demand for fill the needs of England...

Tan Chi-halu and Li Peng-kwat were relieved of their posts as quickstiver over a period of, several The British formerly obtained members of the Military Advisory. centuries. The largest was the their quicksilver from Spain. But Council, --

Almaden mine in Spain, with a the war blockade of Europe has

upply of rich ore belleved inex-cut off this source of supply and

baustible.. This mine was in pro- now British licensed buying agents in the United States on a cash- auction before the birth of Christ negotiate for purchase of mercury and-carry basis.

LONDON METALS

· EXCHANGE

London, Apr. 10 (Reuter). Til2. 'Standard, Cash, Middle Price, £288-3/8.

Tin, Standard, 3 months, Middie Price, 205-5/8.

Market steadier. After hours there was good buying of 110 tons at £269-1/8 and £268-1/4.

BROKERS

LOANS

New York, Apr. 10 (Reuter).

Loans on securities to brokers in

New York:

Wk-ended Wk-ended

1.46 off ,22 off ,20 off 90.64 .09.off 63.54 .17.ap Business Done:-200,000 shares

KWEICHOW OPIUM SUPPRESSION KWELYANG, April 13. (Central)— Further tightening the oplum sup- pression in Kwelyang, Mr. Wu Ting-chang, Chairman of the Kwelchow Provincial Government, has circularised the various dis- triët magistrates ordering them to close all opium dens in areas un- der their respective jurisdiction and to place all oplum smokers there under arrest

الأسرة

WK-ended The magistrates were also order- 4/4/40 3/4/41 10/4/41ed to mete out death penalty to $481,000,000 $370,000,000 $344,000,000 those who deal in opium tráffic,

BANK OF EAST ASIA, LIMITED

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

ed on application.

For the HONGKONG & SHANGHAI

BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong 25th Feb., 1939),

Paid-Up Capital

Reserve and Undivided

Profits

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

Board of Director.

HON. SIR SROUSON CHOW, Chairman

Li Koon Chan, Esq. Li Lax Sang. Esg, P. K. Kwok, Esq. Wong Cha Son, Esq..

15, QUEEN'S ROAD, CENTRAL Wong Yun Tong, Beq. Fang Ping Wan Esq.

15, PINE STEKET.

"NEW YORK.

An American Bank offering com,

Chan Ching Shek, Esq.

KAN TONG PO, Esq., Uhief Manager. Hos. MR. LI TSE FONG, Manager.

plete Foreign Banking Service | Amor, in the principal Markets of the world."

Interest Rates cn Application.

--

SAFE DEPOSIT BOXES

Branches and Agenciar

Kowtow Prasar Bingapore Loudon Hangoon Вопталира Harila

Balgon

Eratow

This Bank is entirely owned by Exchange business transacted. Loaas Every description of Banking and

THE CHASE NATIONAL BANK, granted on approved securities

NEW YORK, with Resources of over U.S.83,800,000,000.-

Current Accounts opened in Locs! Currency and Fixed Deposità re- ceived for one year or shorter Manager, periods in Local and Foreign Car rencies on terms which will be quoted on application.

WANT-ADS Cheap!

ARE

INDO-CHINA

STEAM NAVIGATION COMPANY LTD,

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 Concession at Shanghai, whore "passengers and cargo are landed.

For further particulare

please apply to

JARDINE MATHESON&Co.,LT TELEPHONE SOXIL GENERAL MANAGERS

SAPE EXPOSIT BOXES TO LET.

KAN TONG PO,

Chief Manager.

BANK OF CHINA

Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN

INTERNATIONAL EXCHANGE

BANK PAID-UP CAPITAL $40,000,000.00 (BRANCHER 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'S ROAD, C. South China Offices.

CANTON

[SWATOW-

SHIUCHOW

KONGMOON TOISHAN.

KINGOHOW

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

SHOUJ CHEN,

Manager

Hon. Mr. A. L. Shielda, Sit. Vandeleur M. Grayburn,

Chief Manager.

Iloilo Ipob

CLAVE ŠTETET ETUALA Finix ZACK

CANTON

CA WNPORE CKH COLOMBO

DELHI -1

Francisco HAIPHONG

Patani

New York Tsingtao Feiping 'Yokohama. Penang

F

LUMPUR KUQE150

TAIPING

YOKOHAMA

→ (Peking)

FOREIGN EXCHANGE and General Hanking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for Oor Year or aborfer, periods in Logni or Other Carreucies at rates which will be quoted on application.

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

CURRENT, ACCOUNTS opened in Local Currency and FIXED DE POSITS received for one year or The Bank's Head Office in London sherter periods in Local and Other undertakes Executor and Trustee Currencies on tertne which will be business, and claims recovery of

SAFE DEPOSIT BOXES various sizes to let,

British Income Tax overpaid, oo

of terms which may be ascertained at

jany of the Agencies and Branches.

W. H. EVANS THOMAS,

Manager...

TRUSTEE and EXECUTOR business undertaken.

Hongkong, 26th February, 1941.

HONGKONG SAVINGS

BANK

CALCUTTA

KORR

AGENCIES:

SINGAPOR

SITIAWAN

NOURABAYA

THANTSIX

MAD BAB

MANILA

TONGKAK

(Bhuket)

MEDAR

TSINGITAL-

NEW.JULK

SAMBUSO PRIPING BANKOW

301

United Gas Improvement

401

U.S. Rabber...

21+

The Business, of the above Bänk

11

U.S. Steel

52

is conducted by the BONGKONG

-10%

Vanadium

117

Vultee Aircraft

PORATION. Rules may be obtain

171

Walworth Co.

134*

Warner Bros. Pict

3,598,800.00

2,983,261.50

233

Westinghouse Mec

22

26"

121

Woodward Iron Cor. Chase National Bank National City Bank

201

24

Libby.-Monelly & Libby

51

55

THE CHASE BANK

DOW JONES AVERAGE

Apr. 13, 1941. Apr. 10, High Low Close

Change

Industrials Rails Utilities

111.66

119.46 118.47 118,60

HEAD OFFICE:

"241

28.05 27.82-27.89 ..

18.89

18.79 18.62 18.89

Bonds

Commodity Index

90.73 63.37

New York Saatte

Dombaj

Dalontta

Haiphong Hankow

Helborane Ban Fran Nagseoks

al300

Vancouver

Honelata

Parl

Semarang

Fabr

Peiping Shanghai

D, L. BALLANTYNE,

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