1941-04-18 — Page 10

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Sourabaya

MEDAN"

NEW YORK!

PRIPING

(Pekin)

TIENTSIN

TONGLAN

(Bhuket)

TRINOTAU

YOKOHAMA

NEW YORK, April 16 1941,

High Low

11.35 11.25 23.30 23.25 92 901 68 67%

Prav. Today's

Close Close Change

11.31 11.30 01 of 23,29b 23.25 .03 off

914 BIK 68% 68*

STOCKS

off

"up

Adams Express

Alleghany Steel Ca

Closing

Change

Allis Chalmers

Amer. Can

May

11.31/32

11,30/30

.01 of

American Cyanamid B.

July

11.27/27

11.26/27

October

11.20/21

December

11.20/20

1120/21 11.20 N

01 off unch.

Amer. & Foreign Power....

Amer & Foreign $7 pf.

Amer, Locomotive

Telegraphic Transter.)

January

11.18 N

Amer. Metals Co.

82 3/8

and demand......

March.......

11.20/20

On New York:-

Spot....

11.53

11.20/21 11.50"

Amer. Radiator

05 off

Amer, Rolling Mill

Bank-Bills, on demand 34 1/4 Credia, 60 days' sight 25

Total sales Tuesday:

96,000 bales.

Amer, Sting and Ring Co.

Amer. Sugar Refining

NEW YORK RUBBER

On Batavia ; una

Amer. Tel,

Tel.

45 1/2

May

23.28b/32a "23.25 (25

.03 off

Amer, Tobacco "B"

July

(New contract)

September ( >

December ( }

22,15/15 22.07/12 21,78b/80a 21.72/75 21.35/35

.08 off

Amer, Waterworks

21,35b/40a

J6 off unch.

Anaconda Copper

Atchison, T., & S, Fe..

On Saigon

Total sales for the day:-460 tons.

Aviation Corp.

106

Baldwin Lecometive

CHICAGO WHEAT

Baltimore & Ohio

48 1/2...

May

913/91

911/91

off

Barnsdall Ou

July

901/000

901/903

up.

Bendix Aviation

148 1/2

September

91/90%

91/903

unch.

Bethlehem Steel

Tuesday's sales:-15.422,000 bushels.

Bliss & Co.

Now.

Boeing Airplane Co.

| CHICAGO CORN `

Borg-Warner

May

681/68

September

887/881. 69/69

6a3/633.. 69/69 691/691

Briggs Mfg.

Budd M'facturing Corp.

Canadian Pacific R'way ..

Celanese

Chesapeake & Ohio

June

September

13.75b/80a 13.85b/90a

,10 up 13.82b/85 13.95b/99a .13 up

Chrysler Corpn.

Columbla Gag & Elec......

Total sales for the day:-71 contracts,

Commercial Credit Co.

Com, & Southern (Ord.)

Consolidated Edison

May

6.98/98 7.02 N

.04 up

Consolidated Of

cross-

NEW YORK SUGAR NO, 3

May July

Copperweld Steel

Ourtiss Wright (C.)

MARKET“

Qulet.

2.38b/39a 2.36b/378 2.39b/40a 2.37b/38a Volume of business done:-255 lots.

NEW YORK SUGAR NO. 4

May...... July

.02 off .02 of

Douglas "Aircraft

Du Pont de Nemours

Eagle Picher Lead

Elec, Autolite

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS APRIL 17, 1941.

On London:

Telegraphic Transfer. 7/- Bank Bills, on demand 1/2 7/8 Credits 4 months” sight On Shanghai:-

On demand

On Singapore:-

On demand

On Japan:

450

52 3/4..

On demand ............. 102 1/2 On India:-

3 5 8 8 8 8 8 8 8 8 8

NEW YORK COMMODITY MARKET (REUTER'S SERVICE)

New York Cotton, May New York Rubber, May Chicago Wheat, May Chicago Corn, May New York Hides. June

NEW YORK COTTON

On demand

On Paris:-

Bank Bills, on demand Nom.

Credits months"sight Nom.

On demand

On Manila:

On demand

On Bangkok:-"

On demand On Sterling Notes:-

Bank Buying Rate

Bar Suver per of.......... 23 1/2

Market Report

FROM ROZÁ BROS.

Thursday. Apr. 17. Sliver prices

unchanged yesterday, the quotations remain-

were

Ing at 23.1/2 for both Ready and

July

NEW YORK HIDES

Forward, Silver advices report NEW YORK COCUA ed the market as being idle and

featureless. American Silver was quoted at 33.3/4 For Spot. The London/New York rate was quoted at 402.1/2. New York/London was quoted at 401.-

*3/4

13.85 13.73 13.75b 13.85b 10 up

NEW YORK STOCK EXCHANGE

QUOTATION

(REUTER'S SERVICE) APRIL 17, 1941.

STOCKS

FRIDAY, APRIL 18, 1941.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

INDIA, AUSTRALIA AND CHINA

Issued & Fully Paid-Up 820,000,000 Incorporated by Royal Charter, 1860

Chairman.

Deputy Chairman.

39, Bishopsgate E.C.i.

Sub-Aronicles In Lendon: 117/122, Leadenhall Street, E.C.L West End Branch: 14/16, Cockapur Street, S.WE Manchester Branch: 62, Mosley Street, Manchester, 2

AGENCIES AND BRANCHES».

ALOE STAR AMRITSAR

HONG KONG FENANG ILOTEO

¡POH

RANGOUN

SAIGON

TABACH1 KLAND

SEREMBAN

SHANGHAI

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

Chief Manager.

CALOUTTA

AGENCIES:

KORK

ÖLIVE STREET KUALA FANZIA PLACE CANTON

LUKFUR

RUCHING

MADRAS

BOC RABAYA

Authorised Capital 850,000,000

Reserve Funds: Sterling

Last Bele

Apr. 18

Last Sale Apr, 18

5}"

Kennecott Copper Libbey-Owens-Ford

324

Glasa.. 321

Proprietor i ....$20,000,000

Head Office:—HONG KONG

£8,500,000 Paid-Up Capital H.K. Currency Heserve $10,000,000 Reserve Fund Reserve Liability of

Reserve Liability of Pro-

prietors

£3,000,000

$3,000,000

HEAD OFFICE: LONDON:

271

Lockheed Aircraft.

201

851

Loew's Inc.

1:30

Martin. Glen L

261

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

}

Moritgomery Ward

334

National Aviation

W. H. Lock, Esq..

117

Nat Dairy Products

127

National Distillers

J. E. Bousfeld, Esq.,

Nat Power & Light

137

National Supply Corp......

A. H. Compton, Esq.,

L. J. Davies, Esq.,

352

New York Central

Hon. Mr. S. H. Dodwell,

154*

Niagara Hudson Power

G. Miskin, Esq..

BANGIOI

1581

N. American Aviation

K. S. Morrison, Esq.,

BATAVIA

681

North American Co.

131

Hon. Mr. T. E. Pearce,

BOMBAY

Northern Paciac

SINGAPORN

231

Packard Motors

25+4+

Paramount Pictures

113

SITIAWAN.

TAIPING

" Pennsylvania R.R.

233

137

Phills Petroleum

381

Branches:

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

265

Amay

Johore

Pure Oll

Bangkok

Kobe

Rangoon Saigon

CAWNPORI CEBC COLOMBO DELTI

MANILA

Radio Corpn. of Am.

Batavia

Kowloo San

Reading Company, Com

Bombay

Kuzia.

Francisco

141

Remington Arms Co., Inc.

Calcutta

Lumpur Shanghai

HAIPHONG HAMBURG BANKOW

.14

Republic Aviation Corp. ...

Canton

Londoù

Singapore

Chetco

Lyons

-1

187

Republic Steel

Colombo

Malacca

Sungei

193

Reynold Tabac. “B”

311

Dairen

Manila

Schenley Distillers

Foochuw Maar

Swatow

Shell Union of

201

Socony-Vacunum Of

381

Southern Pacific

101

Harbin

597

Southern Rly $5 pfd.

221

Iloilo

Spleer Manufacturing Co

Ipoh.

263

Standard Brands

7/16

Stand Gas & Elec.

Standard Où of N.J.

35+

Studebaker Com

14.

Swift International

181

Technicolor

quoted on application.

661

Texas Corpn.

374

142

Trans-America Co.

77..

20th Cent. Fox

54*

261

Union Bag & Paper Corp. 10

Elec. Bond & Share

Union Pacific

761

..................754b/.76a 75b/.75ła ...00% off

......80b/.804a 79b/.800 Volume of business done:-363 lots. NEW YORK COPPER FUTURES

July

Elec. Bend & Share $5 pt.

62.

United Aircraft

,01 off

Elec. Bond & Share $6 pt.

United Airlines Trans

Elec. Power & Light $7 pf. Pintkote

31+

United Corpn

124

United Corpn. $3 cum ̈pt. 212

Gen. Electric

304

United Gas Improvement

11.40b/45a 11.40b/48o

Gen Motors

US. Rubber

211

unch.

Gen. Railway Signal.

11.

U.S. Steel

621

Gen. Tire & Rubber

10*

Vanadium

242

8.89/89 34-3/4

4.01-374

9.07b/08a 34-3/4 4.01-3/4

Goodrich (BF)

112.

Vultee Aircraft

.18' up

Goodyear Tire & Co.

171

Walworth Co.

Great Northern Iron Ore

131

Warner Bros. Pict.

Great Northern Rly, pid.

244

Westinghouse Elec.

907

Great Western Sugar

212*

Woodward Iron Cor.

251*

Int Nickel

201

Chase National "Bank

inter. Paper & Power Int. Tel. & Tel Johnaman

13+

National City Bank

Libby. Monell, & Libby

651

THE CHASE BANK

DOW JONES AVERAGE

Apr. 17, 1941.

(Including Notes held in the Bank-

Apr. 16, High Low Close

118.59

119.01 1.7.85 118.60

27.06

2-22 27.94 28,22

Change 01 up .27 up

HEAD OFFICE:

18.66. 90.51 63.70

18.67 18.44. 18.49 .67 off

90.53

*.09 up 63.70 .36 off Business Done: 440,000 shares

London

مالعملا

STERLING

No business was reported. There were sellers at 1/3 up to June, buyers at 1/3.1/32 for any de- livery.

U, S. DOLLARS Opened with sellers at 24.7/16 with business done at 24.1/2 for The market Cash and Forward.. closed at 1 pm with sellers at 247/18 for

and forward. near huyers at 24.1/2 for. Cash

SHANGHAI DOLLARS Opened rominal with sellers at 465 with business done later at 468:1/4, 486 and 485.3/4. The

arket closed with sellers at 486, buyers probably at 488.1/4

SHANGHAI MARKET

NEW YORK COTTONSEED OIL

.." July

N.Y. Official Elver N.Y.-London Cross Rate

LONDON STOCK

EXCHANGE

(REUTER'S SERVICE)

London, Apr. 16. Erratic. Opened with sellers off The following quotations are the Sterling at 3.3/18. The highest | middle prices at the close of the rate reported was 3/7/32,

RESERVE BANK OF INDIA STATEMENT

Calcutta, Apr. 16 (Reuter).

Apr. 4 Apr. 11

Notes in circulation

The market In London. All quotations ing Department)...,27,487 27,951 market closed with sellors at are subject to confirmation and nói Rupee Coin Bullion

3/16. The highest rate reported responsibility is assumed for errors was 5.1/4. The market closed in transmission.. with sellers at 5.7/32 for Spot.

AFTERNOON MARKET

Quiet.

STERLING

No business was reported. The market closed with sellers at 1/3 up to June, buyers at 1/3.1/32 for any delivery.

U. S, DOLLARS

The market closed with sellers at 24.7/16 for near, and forward, buyers at 24.1/2 for Cash,

SHANGHAI DOLLARS Business was done" at 468, The market closed with sellers at 487.3/4. buyers at 488.1/4.

SHANGHAI MARKET Closed with sellers of Sterling at 3.13/64 and U. 6. Dollars at 5.7/32 for Spot.

War Loan, 3% Red.

after 1962) Defence Loan, 3%...... Canton-Kloon Ely. 5 Chinese 41% Gold Lan 1898 (Brit. Issue ... Chinese 5% Gold Bonds.

1925/41

Chin. 44% Anglo-French

Loan, 1908

Chinese 5% Crisp Loan.

1912

3,534 3.497

4.441 4,441

9,035 9,035

Government)

10,476 10.976 (Figures in Lakhs Rupees)

in India

Gold Coin and Bul-

Hun in India Securities

Government) 103-11/16 Securities

1014 11

{Indian'

(British

40-44

Chinese 5% Rearg, Loan

1913 (Lan. Is.) Chinese 8% Bter. Noten,

1925 (Vickers) Chin. Imperial Rly. 5%

Loan

8-10

Honan Rly. 5%

Hukuang Rly 5%. 1911...

L.P. N/Y Issue)

Shanghai Exchange ung Rly 5%, 1911

Shanghal, Apr. 17 (Reuter)."

Official TT. Rates

German Issue)

SILVER MARKET

LONDON SILVER

London, Apr. 18 (Reuter). Silver-Little Industrial demand met by Indian Government. In the afternoon, the market was idle and featureless, with no business.

Spot, 23-1/2d.

Forward, 23-1/20

BOMBAY SILVER

Bombay, Apr. 18 (Reuter), Market Steady. Offtake 50 bars.

63-05 83-07 63-09

LONDON GOLD

Indian Mint Sliver

Ready

Lung Teng & U. Hai"

April 22 Settlement

Rly. 6% 1913

May 21 Settlement

Opening

shai-N'King Rly. 5%...

London

0/3-3/16

Tientsin-Pukow Rly. 5%*),

New York

Japan

5-3/16 22

(Brit. Stpd.)....

Tientsin-Pukow Rly. 5%

India

Paris"

17-5/8 nominal

(German Stpd.)

Tientsin-Pukow Rly, 5%

Hongkong

421-1/8

Sterling

Bellera

pening

Closing

Spot..... 0/3-7/320/3-13/84 9/3-7/320/3-13/64

May. 0/3-7/32 0/3-13/64

Spot

Apt. May

Brit. Btpd. Supt. Loan) 12

| Tientain-Pakow Rly. 6%

(Ger. Btpd. Supi. Loan) 12

Jap. 6% Bter. Loan, 1924. 191-23- Ger. 7% Intl. Loan, 1924 · 6. Chartered Bank ......

KK, & 8'hai Bank (Len

Reg.)

༠༤

London, Apr. 16 (Reuter),

Bar Gold, Fine per os., 188/

Cat production in Canada dur-

Ing December; 1940, amounted to 1,643,092

tons compared with 1,435,826 tons in December, 1939.

11.8. "Dollars

$5-1/4 $5-7/32

5-1/4 5-1/4

|HK., & Shat Bank (Col

Great Western Ely. 31 National Bank of India 31.

5-7/32 6-7/32

·Peg).

784

B-A, Tob (beazer)

Chinese Eng. & Mining

(bearer)

Dunlop Rubber

83/9 32/101

16/

Bristol Aeroplane

10/41

Chosen Corporation.

41-

Imperial Chemical Ind. 29/41

Mercantile Bank of In-

United Steel.

21/3

dia, £5, "G" AL

-201

Woolworths

48/3

Pekin Syndicate

1/6

Maraman InvestmentsTM... 6/3

Bhat Elec, Constr. Co.

10-

Western Holdings

B'bal Waterworks “A”,

Sub-Nigel

9/3 142/0

Trad

(bearer)

41/3

Market:--Quiet,

Calcut Exchange

Calcutta, Apr. 16 (Reuter). T.2 on Janan, 81-1/2

India Rupee Paperw

Bombay, Apr. 16 (Reuter), Govt, 31% Rupee, 95-12-0.

Union Insurance..... Gula Kalumpong Rubber 15/- |Lon., Míd, & Scot. Bly, 111 !

shell Tran...

1940/41

High Low Dow Jones Aversges 132.80 111.84 30 Industrials

32.67 22.15 20 Rails

26.45 18.03 20 92.19 83.06 40 64.07 48.74 11

Utilities Bonds

Commodity Index

LONDON STOCK EXCHANGE

LONDON. Apr. 1 (Reuter) ~ The Stock Exchange ruled very quiet with price movements nar- rowly Irregular and operators were inclined to mark "time" in view of the uncertain war news,

· Glit-edged

Home Bid

Rails

LONDON METALS

EXCHANGE

London, Apr. 16 (Reuter)."

Cash, Ti. Standard,

Middle Price, £270-7/8.

Tin, Standard. 3 months. Middle Price, £268-1/8

Market steady. The Ministry 'of tended caster but Industrials were Supply's offer tof "Cash" at £270- mastly .well maintained,

Oils were steady apart from

and 3/4 restrained the uptrend with a ease and better demand by Ameri- half-crown fall of Anglo-Egyptian ca, coupled with doubts of Japan-

to £2 2s. 6d.

Foreign Bouds were easier with declines recorded in Chinese, Jap anese, Brazilian and Egyptian. Wall Streeet was very quiet.

ese intentions fa the Pacific. Com- centrated cash buying was later absorbed by Ministry's offers. After hours-75 tona, at £271 and £268- 1/4-buyers.

Patani

Elaiphong (Johore) · Tientsin Rackow Mukden

Tokyo

New York Tsingtao Peiping Yokohama

Penang

CURRENT ACCOUNTS opened

FOREIGN EXCHANGI and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.

SAVINGS ACCOUNT also opened in Local Currency and Sterling with interest allowed at rates obtainabla ou äpplication.

in Local Currency and FIXED DE- BOSITS 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. bo business, and claims recovery of

SAFE DEPOSIT BOXES various aizes to let.

British Income Tax overpaid, on

of terms which may be ascertained at

any of the Agencies and Branches.

W. H. EVANS THOMAS,

Manager.

TRUSTEE and EXECUTOR business undertaken. Hongkong. 28th February, 1941.

HONGKONG SAVINGS

BANK

The Business of the above Bank a conducted by the HONGKONG SHANGHAI BANKING COB PORATION. Rules may be obtain-

on application. For the Honokuno & ShinGHAI

BANKING CORPORATION.

V. M. GRAYBURN,

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

BANK OF EAST ASIA, LIMITED

6,598,600,00

Authorised Capital......$10,000,000.00 Paid-Up Capital Reserve and Undivided

Profits

..2,883, 261.50

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

Board of Director. HON. SIR SHOUson Chow, Chairman. Li Koon Chun, Baqi "Li Lan Sang, Esq. P. K. Kwok, Esq.

15, QUEEN'S ROAD, CENTRAL Wong Tan Tong, Esq.

Chan Ching Shek, Esq.

Wong Chu Son, Eng. Fung Ping Wah Eaq.

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

Branches and Agencies:

18, PINE STREET.

NEW YORK. An American Bank offering com-

plete Foreign Banking Service amor in the principal Markets of the Bri world.

Interest Rates on Application.

SAFE DEPOSIT BOXES

Bombay

Calcutta

Haiphong

Hadkow

Honolul

Kope

Kealoon

Bingapore Mangoos dourabaya Ha you

<bwabow

Melbourne Sau Fran- Sydner

Angusaka

cisou Bioritala

Die Tock Seattla VanoonTor

Paris

Pelpinx

Shangan

Every description of Banking and

granted on approved securities

This Bank is entirely owned by Exchange business transacted. Loans

THE CRASH NATIONAL BANK, NEW YORK, with Resources of over, U.8.83,800,000,000.

D. L. BALLANTYNE.

Manager,

WANT-ADS are Seen!

INDO-CHINA

STEAM NAVIGATION COMPANY LTD

Operating Services for Cargo and Passengers

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN

KOBE and

OSAKA

SINGAPORE PENANG and CALCUTTA

SANDAKAN,

HAIPHONG

All steamers berth alongside the Roosevelt Termins) in the French Concassion at

Shanghai, where passengers and cargo are landed.

For further particulars

please apply to

JARDINE MATHES

IESONG TELEPHONE SOSIZ GENERAL MANAGERS

Current Accounts opened in Local Currency and Fixed Deposita re- ceived for one year of shorter periods in Local and Foreign Cur rencies on terms which will be quoted on application.

SAFE DEPOSIT Boxs To LET.

KAN CÔNG PO,

Chief Manager.

BANK OF CHINA

Specially Chartered by

THE NATIONAL GOVERNMENT. OF CHINA AS AN INTERNATIONAL EXCHANGE

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

CANTON

SWATOW

SHTUCHOW

KONGMOON TOISHAN KINGCHOW

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

1941-04-18 — Page 10

Comments

Private Research Note