NEW YORK, Apr. 17, 1941
682
13.95
High Low Clase Close Change 11.30 11.24 11.30 11.29 .01 of 23,15 22.85 23.25 22.85 .40 off 021 911 ,911 011 i off
672
874 % off 681 13.07 13.856 13.906 05 up
Close
Closing
11.30/30
11.29/29
11.28/27
11.24/24
11.20/21
11.21/21
11.20 N
11.20 N
11.18 N
11.17 N 11.20/21. 11.20/20 £1,60
11:40
May
July
(New contract)
September
}
December
On New York-
Bank Bills, on demand 24 1/8 Credlin, 50 days' sight 24 7/8
On Batavia:—
On demand. 48.1/4
On Parts:-
Bank Bills, on demand Nom.
Credits 4 months' sight Noma.
On Balgon:-
On demand ............... 104 1/2 "
Total sales Wednesday:-92,900 tons. The First Notice Day for May Cotton is April 25 and date of delivery is May 1,
NEW YORK HURRER
Total sales for the day:-520 tons,
The First Notice Day for May rubber is April 29 and last trading day is May 27.
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS APEIL 18, 1941.
On London:---
و
Telegraphic Transfer, 1/2 7/8 Bank Bills, an demand 1/2 7/8 "Credits 4 months' sight:"
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 MAT........................................
October
On Shanghai:-
On demand ......
$515
On Singapore:--
July
"On demand
52 3/4
On Japan:-
on demand ........*****
102 1/2
January
`On India:—
Telegraphie Transfer.)
March
and demand
+82 5/6
Spot
December
Prev.-Today's....,
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTERS SERVICE)
APRIL 18, 1941,
Last Balo
HONGKONG &
དྷྭ་
Authorised Capital... $55,000,000
SATURDAY, APRIL 19, 1941.
BANKS
SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
INDIA, AUSTRALIA
AND CHINA
Issued & Fully Paid-Up 980,000,000 Incorporated by Royal Charter, 1850
Reserve Funda:
Sterling
STOCKS
STOOK:
Last Sale
Apr. 17
Apr, 17
Adamy Express
51
Kenzecots Copper
Proprietors.......
90,000,000
£6,500,000 Paid-Up Capital E.K. Currency Reserve $10,000,000 Beserve Fund
Beserve Liability of Pro- Reserve Liability of
prietors
£3,000,000
£3,000,000
.......£3,000,000
Change
.01 off
Alleghany Steel Co. Allis Chalmers «.......... Amer. Call
181
Libbey-Owens-Ford' Glais
331
27
Lockheed Aircraft
201
841
Loew's Inc.
.02 off
American Gyanamid B.
852
Martin, Glen I. ...........
Board of Directors: Hon. Mr. J. J. Paterson,
,01 up
Amer, & Foreign Power ...
Montgomery Ward
Chairman.
drch
Amet & Foreign $7 pf.
18
National Aviation
W. H. Look, Esq.,
,01 of
amer. Locoactive ........................
12
Nat, Dairy Products
12+
unch.
Amer. Metals Co.
161
National Distillers
J. E. Bousfeld, Esq.,
.01 of
Amer. Radiator
8
Nat, Power & Light
A. H. Compton, Esq.,
Amer. Rolling Mill
131
National Supply Corp.
L J. Daries, Esq.,
Amer, Sting and B'ing Co.
381
New York Central
12+
Elon. Mr. S. H. Dodwell,
Amer, Sugar Reining
-15
Niagara Hudson Power
21
Amer. Tel, & Tel
1381
N. American Aviation
23.25/25 22.07/12
22.85/85
.29 21.78b/80a
21.72/75 21.39/40 21.35b/40a 21.19/20
.40 off
.33 off .16 off
Amer. Tobacco "B"
684
North American · Co..
131
Amer. Waterworks
Northern Pacife
Anaconda Copper
237
Prebard· Moton"
22
Atchison, T. & 8. Të.
254
Paramount Pictures
11
Aviation Corp..
21
Pennsylvania R.R
241
Baldwin Lecoustive .....
131
Philips Petroleum
Branches:
Baltimore & Ohio
31
Pullman Inc...
Amoy
Barnsdall On
31
Pure Oll
Bangkok Kobe
G. Miskin, Esq.,
K. S. Morrison, Esq.,
Hon. Mr. T. E. Pearce, Hon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,
Chief Manager.
Johore Rangoon
Saigon
| BOMBAY
AGENCIES:
CLAYS STREET KVALA Wanita PraACE
CAWSTORI
Head Ofice; HONG HONG
HEAD OFFICE: LONDON:
38, Bishopsgato E:0.9. Sub-Agencles In London: › 117/123, Leadenhall Street, E.0.1 "West End Branch:
14/16, Cockspur Street, 8W 1
·Manchester Branch:
Deputy Chairman. 53, Mosley Street, Manchester, B
AGENCIES, AND. BRANCHES ›
HONG KONG FINANG ILOILO
IPOK
ALON STAN
AMBITSAR ΣΑΤΟΧΟΣ BATAV LA
BANGGON
BAIGON
KUREYRAR
SALQUITA
KLANG KORE
SHANGHAI SINGAPORE
SITIAWAN
NOURABAYA
CANTON
COLOMBO
48 1/4
CHICAGO WHEAT
May
149 1/2
July
September
Nom.
CHICAGO CORN
May,
July
September
DELHI
LUMPUR
TAIPING
KVOBING
TIENTUIN
MADRAS
ТОКОКАХ
MANILA
(Bhuket)
HIDAN
TINGTAC
Bendix AvIAŠČOM
331
Radio Corpn. of Am.
Batavia
Kowloon San
917/914
911/914 901/901 891/801 91/901 90+/901
i aft off
Bethlehem Steel
Reading Company,
Com
14*
Bombay
Kuala
Francisco
f of
Bllas & Co,
141*
Remington Arms Co., Inc.
41*
Caloutta
Lumpur Shanghai
Wednesday's sales:-13,069,000 bushela -
Boeing Airplane Co. .............
134
Republic Aviation Corp.
Canton
London
Singapore
31
Chstoo
Borg-Warde
101
Republic Steel
Lyons
Sourabaya
177
Colombe
Malacca
Briggs Mfg.
194
Reynold Tobec. "B"
Sungei
311
Dairen
Manila
681/681 671/671
i off
Budd M'facturing Corp.
31
Schenley Distillers
8
Foochow Muar
Swabow
69/69
681/681
Canadian Pacifc R'way
34
Shell Union 01
13
891/801
631/681
off
Celanese
20+*
Socony-Vacunum Cil
Chesapeake & Ohio
38
Southern Pachie
Harbin
June
September
13.85b/90
13.90b/92a 13.95b/99a 13.99/14.00
.05 up
Chrysler Corpn.
5B
Southern Rly $5 pfd.
23
Iloilo...
.04 up
·Columbía Gas & Mec,
3
spleer, Manufacturing Co.. 30f
Ipoh
Commercial Credit Co. ...
251
Standard Brands
Com, & Southern (Ord)
7/18
Stand Gas & Med.
*****7.02 N
7.22 N
20 up
Consolidated Edison,
20
Standard Od of N.J.
Consolidated Oil
51
Studebaker: Com
51
Copperweld Steal
131*
Swift: International
18*
י
+
41
41
Curtiss Wright, (C.)
12...
Technicolor -
Douglas Aircraft
-681-
| Texas Qeep.
377
236b/378 2.37b/38 ...........2.37b/38 Volume of business done:-190 lots.
2.396/40&
..01 up .02 up
Du Pont de Nemours .
1414
Trana-America Co.
4+
Eagle Picher Lead
8*
20th Cent. Por
Elec. Autolite
281
Union Bag & Paper Corp. 103
Bec. Bond & Share
2+
Union Paside -
701
Bec. Band & Share 3⁄4ã pt.
61
United AfterMÍT
35#
NEW YORK SUGAR NO. 4
May July
................. 75b/.7548_763b/.77a
Bec, Bond & Share $6 pf.
647
United Akiinos Trait
11
Elec. Power & Light # pf. Tinhote
32
United Corpn.,
123
United Corpn. 33o cum pi.
Gan, Electric
30.
United
Gaa· ImprovemNDRE
Gen. Motors
391
U.B. Rubber
BANK OF EAST ASIA, LIMITED
The Business, of the above Bank
Patani
Haiphong (Johore) Tientsin Aankow Mukden Tokyo
New York Tsingtao Peiping Yokohama Penang
RANTOW..
NEW YORK. TOKOHAMA PHIPING
(Peking)
FOREIGN EXomanus and... General [Banking Business transacted.
CURRENT Accourts opened and FIXED DEPOSIT received for Ons Year or shorter periods in Losa) 61 Other Currencim at rates, which will be quoted on application.
SAVINGS ACCOUNTS niso opened in Local Currency and Sterling with CURRENT ACCOUNTS opened interest allowed at ratas 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 various sites to let.
British Income Tax overpaid, on
of terms "which may be ascertained at
any of the Agencies and Branchas.
W. H. EVANS THOMAS,
Manager.
TRUSTEL and EXECUTOR business undertaken.
Hongkong, 26th February, 1941.
HONGKONG“ SAVINGS
BANK
HAIPHONG
HAMBURG
Gen." Railway Bignal
11
UA. Steel
Gen. Tire & Rubber
101
Vanadium
11.40b/488 11.40b/48a
unch.
Goodrich (BF)
12.
Vultee Aircraft
Goodyear Tire & Co.
171
Walworth Co.
9.07b/08a 9.28/28 34-3/4 34-3/4 4.01-3/4 4.01
31 up
Great Northern Iron Ore -
134
Warner Bros. Pict.
5,503,800,00
..9,963,961.50
BANKING CORPORATION,
Great Northern Bly, pid,
241
Westinghouse Elec,
Great Western Sugar . Int Nekel
221
26
Woodward Iron Cor. Chase National Bank
251*
Inter. Paper & Power ...... 13 Int. Tel. & Tel Johnsman
National City Bank
**
Libby. Monell & Libby
51
561
DOW JONES AVERAGE
On Manila:—
On demand
On Bangkok:--
On demand
On Sterling Notes:-
Bank Buying Rate...
Bar Süver per o....... 23 1/2
Market Report
FROM ROZA BROS.
Friday April 1 Silver prices were unchanged yesterday, the quotations remain- ing at 23.1/2 for both Ready and Forward, 8liver advices report- .ed the market as being steady with small American Trade buy ing. American Eliver was quoted at 34.3/4 for Spot,
The London/New York · cross- New Tate was quoted at 402.1/2. York London was quoted at 401.
MARKET
Quiet.
STERLING
No business was reported. There were sellers at 1/3 up to June, buyers at 1/31/32 for any de- livery.
U. S. DOLLARS
Open with sellers at 24.7/16, buyers bidding 24.1/2 resulting in a small business at 247/16 for closed with
Cash The market sellers at 24.3/8 for near arid pro- bably forward, buyers at 24.7/16 for Cash.
SHANGHAI DOLLARS Opened with sellers at 466 with business done at 468 3/4 arid.467. The market closed at 1 p.m. with sellers at 466.1/2, buyers at 487.
SHANGHAI MARKET Opened with sellers of Sterling a 3.13/64 and then rose to 3.7/32. At the close the rate was again quated at 4.13/84 for Spot. U. 8. Dollars opened with sellers at 8.1/4 and closed a shade lower at 5.7/32 for Spot.
AFTERNOON MARKET
Quiet
NEW YORK HIDES
Total sales for the day:-79 lots.
NEW YORK COCOA
May
The First Notice Day for May cocoa is April 24 and the last trading day is May 22.
NEW YORK SUGAR NO. 8
May July
The First Notice Day for No. 3 Sugar is April 24 and the last trading day 19 May 23.
01) up 79b/.80 79b/8000+ up Volume of business done:-240-lots The First Notice Day for No. 4 Sugar is April 17 and the last trading day is May 1.
NEW YORK COPPER FUTURES
July
NEW YORK COTTONSÉED. OIL
July
N.Y. Official Silver N.Y.-London Cross Rate
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
... 337-
10/3
London, April 17. National Bank of India .304 The following quotations are tha | B.-A, Tob (bearer)
83/9 middle prices at the close of the Dunlop Rubber market in London. All quotations Bristol Aeroplane are subject to confirmation and no imperial Chemical Ind. 29/6 responsibility is assumed for errors United Steel in transmission.
War Loan, 31% (Red,
after 1982).......
1940/41
High Low Dow Jones Averages 189.80 111.54 30 Industrials
39.67 29.16 20
Ápr. 18, 1941, Apr. 16, High Low Close 118.60
28.29
118.75. 117.78 118.18 28,50 28.14 28.27
Change .44 of
06 up
MENU
20:45 18.03 20
Baila Utilities Borde
Commodity Indes
SILVER MARKET
LONDON SILVER
02.10 83.06 40
21/3
64.07 48.74 11
Woolworths
46/3
1032
Maraman Investments Western Holdings ................. Bub-Nigel
6/3
9/3
Defence Loan, 3%
101
Shell Tranz.
12
Janton-Eloon Rly. $% Chinese 4% Gold Len
1398 (Brit. Issue)."...... 42 Chinese 5% Gold Bonda,
1925/41
11
(DESTEK), ** *bid
142/6 & Trad
****** 40/71
40-44
Chin. 44% Anglo-French
Loan, 1908
45
1912
24
STERLING The market closed with sellera
June, at 1/3
buyers at up to 1/3.1/32 for any delivery.
U. S. DOLLARS
Quiet. The market closed with sellera at 243/8 for near and for-Chinese 3% Crip Loan. ward, buyers at 24.7/18 for Cash.
SHANGHAI DOLLARS ·
Chinese 5% Reorg Loan,
1913 (Ldn. Ix.)
Quiet. Closed with sellers at Chinese 8% Ster. Notes.
466.1/2, buyers at 487.
·SHANGHAI MARKET Sterling closed with sellers at 3.13/84 and USS at 5.7/32 for Spot, Quiet,
Shanghai Exchange
Shanghai, Apr, 18 (Reuter).
- Official T.T. Bates
London
New York
Japan
Todig
Paris Hongkong
merling
Opening
.0/3-3/16 6-3/18 2
17-5/0 norsinal. 21-1/8
Fallera
pening Closing 0/3-13/840/3-13/64 0/3-13/640/3-13/64 0/3-13/64 0/3-13/64
55-7/32
རྩ་་
31
1928 (Vickers) ......... Chin. Imperial Rly. 5%.
Loan Homan Riy. 5%
8-10
47
14
Hukuang Rly. 5%, 1911...
14
(LP. N/Y Lau) Hukuang Rly, 5%, 1918
(German Issue) co.........
| Lung · Tsing" & ́U. Hal
Riy. 5% 1913 |6'hal-N'King R17. 1%
Tanta Pura RL. 15
(Brit. Stpd.)
Tientsin-Fiskow Ely, 5%
་་ ས
12
14
12
(German pd.) . Tientaln-Pukow Rly, 5%
(Brit. Stpd, SupL Loan) 12 Tientsin-Pukow Rly, 5%
(Ger.Btpd. Bupi, Loan) 13
Jap. 6% Ster. Loan, 1924–22/ Ger, 7% Intl. Loan, 1924 0 Chartered Bank
HK. & Bhai Bank (Lan.
Reg.)
བ བ་ཤྲྰི ཨྰ བd= ཐོདྡྷིཙེཏྟཾཏྠེསྶ
Spot
Apr: May
76
US. Dollarn
Spot Apr
$5-7/32
BK & Shal Bank (Cól.
Feg)....
781
5-7/32
May
5-7/32
5-7/32 6-7/32
Mining
15/
Market: Quiet,
4/
Caleat Exchange
10
Calcutta, Apr 17 (Reuter) T/T, on Japan, 91-1/8
India Rupee Paper
Bombay, Apr, 17 (Reuter). Gloft, 31% Rupes, 95-12-0.
Chinese Eng.
(bearer) Chosen Corporation Mercantile Bank of In-
* dia. "E5, "G".
Pekin Byndicate
S'hat Misc. Constr. Co.
S'hal Waterworks, “A” Unim masuranc
10/3
Gula Klimpong Rubber 15/
Great Western Rly.
LONDON GOLD
London, Apr. 17 (Reuter). Bar Gold, Fine per oz., 188/-
An increase in the population of |the rural areas of the United. States is indicated by the pre- Himinary reports of the 1940 US. Census. Higher farm birth rates, failure to migrate as usual and in some areas an actual back to the |land movement are given as rea- song for the rise in rural popula- tion during the depression.
London, Apr. 17 (Reuter). ather-Very small trade buying. and production selling. Market steady, In the afternoon, the market was steady with no busi Dess.
Spot, 23-1/24 Forward, 23-1/24.
HOMBAY SILVER Bombay, Apr. 17 (Reuter), - Market-Qulet: Ontake: 75 bars.
Indian Mint Silver
Ready
63-05 May 21 Settlement 83-07 June 20 Settlement
18.49 18:36 18:37 - 18.45 2:
90.53
63.70
.0 off
90.89 18 up
63.66
..04 oft
Businges Dope:-400,000 shares
LONDON METALS
TILL
EXCHANGE
London, Apr. 17. (Router)....... Standard. Cash, Middis
Price, £1-1/4
Tin, Standard. 3 months, Middle Price, £287-5/8
Market steady. After hours-100 tons of 3 months at £265.
BROKERS LOANS
New York. Apr. 17 (Reiter). Loans on 'securities to mokers in New Yorki
WK-ended Wk-ended: Wk -ended 11/4/40 10/4/41 17/4/41 63-09 |$489,000,000 $344,000,000 $337,000,000
INDO-CHINA
STEAM NAVIGATION COMPANY ITD.
Operating Services for Cargo and Passengers
TO
SWATOW, SHANGHAI, TSINGTAU, CHEFOO:
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
BANDAKAN
HAIPHONG
All steamers berth alongtide
the Roosevelt Terminal' in'
the French Concasalon at Shanghai, whers, passengers
and cargo arp landed.
For further particulars
please app
is conducted by the BONGKONG
& SHANGHAI BANKING COR- Authorised Capital......$10,000,000.00 PORATION. Rules may be obtain- | Paid-Up Capital
ed on application.
For the Hoxaroka & ShanGHAI
V. M. GRAYBURN, ..
Chief Manager. Hong Kong, 25th Feb., 1937.
THE CHASE BANK
'16, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
Reserve and Undivided
Profita
Head Office:-HONG KONG No. 10 Des Voeux Road, Central
Board of Director. HON. SIE SHOUBON CHow, Chairman Li Koon Chun, Esq. Li Lan Sang, Eng. P. K. Kwak. Eeq. Wong Chu Son, Esq. Wong Yun Tong, Esq. Fung Ping Waa Raq, Chan Ching Shok, sq.
KAN TONG Po, Esq., Chief Manager Hoй. Mz. La Tax Foxo, Manager
18, PINE STREET,
• NEW YORK. An American Bank offering com-
plote Foreign Banking Service | Amoy in the principal Markets of the ra world. Interest Hates on Application.
d
SAFE DEPOSIT BOXES
Branches and Agencies).
PROLLE Singapore
Bombaya Baralow
San Fran- - Bydang-
Karwicon
Londos
Bagoon
Bombay
Xanla
Badges
Chloetta
Kalbom
alico Bentičn
Kesalah Kobe
Be York Bentliy VanoGamer ..Paris
Bemarang
Pulping
Shangha
Every description of Banking and ̈
This Bank is entirely owned by Exchange business transacted. Loans
NATIONAL BANK, granted on approved securitie
THE
CHAEL
NEW YORK, with Resources of
over U.8.83,800,000,000.
D. L. BALLANTYNE, -*·
Manager,
THE MERCANTILE BANK OF INDIA, LIMITED
Head Office:-15, Gracechurch Street, London, BOJ
Aathorised: Capital Babeoribed Capital Paldrap: Ospital ag Reserve Fund, and Bart,
BANKERS:
23,000,000
1,800,000 $1,000,000
The Bank of England and Midland
Bank, Ltd. BRANCHES!
Bangkok
Ipoh
| Diketta.
Colombo Deibl
Kristan
Kandy
Karada!
Kota bar Hongkong Kasis-Idpis
Kai Trenggu Kadrank New York
Bangoon
Howrah Kuala Lumpur Aingspore ZHONG KONG BRANCH:
Current Accounts opened in Loon! Currency and Fixed Deposits re- ceived for one year or shorter periods in Loesl and Foreign Cur rencies on terms which will be quoted on application.
SAFE EXPOSIT BOXES TO LIT..
KAN TONG PO,"
Chief Manager.
BANK OF CHINA
·Specially Chartered by THE NATIONAL GÖVERNMENT
OF CHINA AS AN “ INTERNATIONAL EXCHANGE BANK PAID-UP CAPÍTAL $30,000,000.00 .
(Brands ALL OVER. (HINA) Owing to our numerons Branches TRUSTER AND EXECUTORSHIP in China and connections in the SEVİRMA UNDERTAKEN :
principal Commercial Centres of CURRENT ACCOUT red comed in Lood Car the World, we are able to extend PERY, NA FRED DEPOSITS received in Leto our Clients special facilities for OstrawbyTRELING on terme that may be amertaford on spy Nostion.
Domestic and Foreign Banking and Exchange,
· Every datorfolies of Darking and inkánge
D. BENSON."
WANT ADS
are
Quick!
Head Office:SHANGHAI: Hong Kong Branch:
4, QUEEN'S ROAD, C. South China Offices.
CANTON st KONGMOON SWATOWER
TOISHAN SHIUCHOW KINGCHOW
We also handle the issue of Bonds
and other Public Funds of the Chinese Government both at Home and Abroad.
CHEN,
BHOU
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