1941-04-25 — Page 10

NEW YORK, April 23, 1941,

High Low

**** 180

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

11,20 11.08

22.53 22,45

Prev. Today's

Close Close

11,15 11.14 22 5322.45

£93 821 673 67 13.74

Close

13.82

Change,

.01 off .0% off 854 887 1. off unch.

· 671 671 13.72b 13.706 02. off

Closing

Change

Alleghany Steel Co.

Allis Chalmers

May

11.15/15

11.14/14

01 on

Amer. Can

63-3/4

July

11.08/12

11.11/11

04 up

American Cyanamid B.

October

11.08/09

unreceived

Amer. & Foreign Power

102 1/2

11:07/08 11.06/06 11.03 N .. 11.03 N

.01 off

Amer& Foreign $7 pf........

unch:

Amer. Locomotive

On demand

104

48

On Bangkok:-

On demand

143 1/8

CHICAGO WHEAT

On Sterling Notes:-

Bank Baying Rate

Now.

May

Bar Silver DEF OF

***

23 1/9

July

September

CHICAGO CORN

May July

September

Telegraphie Transter. 182 5/8

and demand

On New York!--

Bank Bills, on demand 24 "Credlis, 60 days' sight 24 3/4

On Batavia:--

On demand .............. 45

On Paris:-

1:

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

On Saigon:-

On Manila:-

'On demand

NEW YORK RUBBER

May

Spot

11.05/05 11.07/07 11.35

11.34

.02 up

Amer. Metals Co.

01 of

Amer. Radiator

Total sales Tuesday:--85.100 bales. The First Notice "Day for May Cotton is April 25 and date of delivery is May 1.

Amer. Rolling- Mill

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

APRIL 24, 1941, -

On London:-..

...Telegraphic Transfer. 127/A

Bank Bills, on demand 1/2 7/5/ Credits 4 months' sight

On Singapore:-

On Shangfal:

On demand

1

On demand

On Japan:-

On demand

On India:-

NEW YORK COMMODITY (REUTER'S SERVICE)

December

January March

MARKET

NEW YORK STOCK EXCHANGE

STOCKS

Adams Express

QUOTATION

(REUTER'S SERVICE)"

APRIL 24, 1941.

STOCKS

FRIDAY,

APRIL 25, 1941,

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital... 850,000,000

INDIA, AUSTRALIA

AND CHINA

Isated & Fully Paid-Up $20,000,000 Incorporated by Royal Charter, 1850

Reserve Funda: Sterling

£6,500,000 Paid-Up_Capital ...........£3,000,000 H.K. Currency Reserve $10,000,000 Reserve Fund Reserve Liability of

Reserve Liability of Pro-

prietors........... Proprietors

‚ $90,000,000 |

.£3,000,000

.....£3,000,00% HEAD OFFICE: London:

38, Bishopsgate E.C.2. Sub-Agencies In London: 117/122, Leadenhall Street, E.0.3)2

West End Branch; 14/16, Cockspur Street, S. W 1 Manchester Branch:

32, Mosley Street, Manchester, L

AGENCIES AND BRANCHES ·

ALOR STAR

·HONG KUNG ·PENANG

Last Sale

Last Sale

Apr. 23

Apr. 23

51

Kennecott Copper

321

137

Libbey-Owens-Ford

Glass

Head Office:-HONG KONG

312

251

Lockheed Aircraft

20:

831

Loew's Inc.

30

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

351

Martin, Glen I

267

Chairman.

3

Montgomery Ward

331

181

|National Aviation

W. H. Lock, Esq.,

71

111

Nat, Dalry Products

Deputy Chairman.

131

16*

National Distillers

J. K. Bousfeld, Esq.,

182

$*

Nat, Power & Light

A. H. Compton, Esq.,

01

L. J. Davies, Esq.,

13

National Supply Corp.

41

Hon. Mr. S. E. Dodwell,

Amer. B'ting and Ring Co. 369 Amer, Sugar Refining Amer, Tel.

New York Central

121

16

Niagara Hudson Power

2+

Tel......

155

N. American Aviation

123

Hon. Mr. T. B. Pearce,

Arner. Tobacco "P"

68

North American Co.

132

22.53/53

22.45/45

.08 of

Amer, Waterworks

✡

Northern Pacific

6.

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

July(New contract) September ( } December {

#

22.05/05

31.63b/85

71

21,25 N.

21.95b/97 21.59/59 -21,20 N

~10 off 04 off

Anaconda Copper

23

Packard Motors

甏

24

Atchison, T. & S. Fe

23"

Paramount Pictures

112

.05 off

G. Miskiu, Esq.,

K. S. Morrison, Esq., -

BATAVIA

BOMBAY

CALCUTTA

AGENCIES:

Chief Manager. "FAILLIX PLACK

CLAVE STEKET KUALA

LUMPUR KUCHING,

TAIPING

AMRITSAR

BANGKOK

KLANG

KOBA

ILOILO

1POR KARACHI

11

MANGOOR

BALGON

BERIMBAN

BELANGHAJ

SINGAPORE

SITIAWAN

SOURABAYA

Aviation Corp.

2}

Pennsylvaniaą RR

232

Branches:

Total sales for the day:-240 tons.

The First Notice Day for May rubber is April 29 and last trading day is May 27..

Baldwin Lecometive

12}

Phillips Petroleum

Baltimore & Ohiɑ.

34.

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

Amoy

Bangkok

Johore Rangoon Kobe

Saigon

Barnsdall Qu

81

Pure O...

CANTON CAWNPORI CEBU COLOMBO DELHI.

TIENTSIN

.. MADRAS

"TONGIN

MANILA

(Bhuket)

MRDAN

TAINOTAL

Batavia

Kowloon . San

Bendix Aviation

331

| Radio Corpn. of Am.

Bombay

Бива

Francisco

Bethlehem Steel

693

Reading Company,

Com

14

Calcutta

Lumpur Shanghai

HAIPHONG KAMBURG KANTOW

NEW YORK

TOTOHAMA

FS1PING

89/892

872/873

88871.

381/99

·861/961. 861/87

of

Biles & Co.

144

Remington Arms Co., Inc.

44*

Canton

London

Singapore

(Peking)

1 off

Boeing Airplane Co.

13

Republic Aviation Corp. ...

31

Chetoo

Lyona

Sourabaya

1. Of

Borg-Warner

161

Republic Steel

Colombo

Malacca

Sungei

June

September

May

at 402.

MARKET

Quiet.

STERLING

May

July

any

The market closed at lunch time with buyers at 24.1/4 for near and forward and possible sellers 24.3/16 for Cash.

- July

Market Report

FROM ROZA BROS.

Thursday, Apr. 24.

unchanged were Silver prices yesterday, the quotations remain- ing at 23.1/2 for Ready and For- ward. Silver advices reported the market as being steady with business done. American Silver was quoted at 34.3/4 for Spot.

No

The London/New York cross- rate was quoted at 402,1/2, New York/London was quoted 1/4.

There were scllers at 1/3 up to June, buyers at 1/3.1/82-for delivery.

U. S. DOLLARS Opened with sellers at 24.5/16, buyers bidding 24.3/8. Subsequent- ly the market eased off and busi- ness was done at 245/16 and

NEW YORK HIDES

Total sales for the day:-58 lots. NEW YORK COCOA

The First Notice Day for May cocoa is April 24 and the last trading day is May 22, NEW YORK SUGAR NO. 3

Volume of business done:-188 lots.

The First Notice Day for No. 3 Sugar, is April 24 and the last trading day is May 23. NEW YORK SUGAR NO. 4

May July

.78b/79a .75/b/76A :81b/.82a 79b/.79ja Volume of business done:-34 lots... The Last trading day for No. 4 Sugar is May 1. also at 24.1/4 for near delivery. NEW YORK COPPER FUTURES

Tuesday's males:-10,812,000 bushels.

Briggs Mfg.

184

Reynold Tobac. "B"

Dairen

Manila

Palani

30

Foochow

Muar

Budd M'facturing" Corp.

31

Schenley Distillers

Swatow

81

"Iaiphong (Jobore) Tientsin

Canadian. Pacific' R'way

31

Shell Union Oll

124

Flankow

Mukden

Tokyo

-671/671

674/871

unch.

Celanese ...

201

Socony-Vacunum Ou

81

Harbin

68/677

684/88}

878/673 88/68

tof

Chesapeake & Ohio

37%

Southern Pacific:.

11

Iloilo

off

Chrysler Corpn.

Southern Rly 35 pfd.

242

Ipoh.

Columbla Gas & Elec........

27

Spicer Manufacturing Co. 27*

13.72b/73a 13.70b/718 13,77/80 13.76b/784

.02 off 01 off

Commercial Credit Co....

241

Standard Brands

5+

Com, & Southern (Ord.)

Stand Gas & Elec,

Consolidated Edison

19"

Standard O11 of N.J.

Consolidated 04

51

Studebaker Com,

Copperweld Steel

14

Swift International

174

7.19 N

7.21422

02 up..:

Ourtiss Wright (C)

15

Technicolor

quoted on application.

Douglas Aircraft

67

Texas Corpn.

Du Pont de Nemours

140

various sizes to let

Trans-America Co.

Eagle Picher Lead

7

20th Cent. Fox

TRUSTEE and

EXECUTOR

51

business undertaken.

Elec. Autolite

26

2.446/45a 2.44b/45a 2.45b/463 2.45b/45a

unch.

Elec Bond & Share

unch.

Elec. Bend & Share. $5 pl.

Mec. Bond & Share $6 pí.

Elec. Power & Light" #7 př. Flintrote

·Gen. Electric

Gen. Motors.

.024 off

Gen. Railway Signal

.02 off

Gen. Hire & Rubber

Goodrich (B.F.)

Goodyear Tire & Co.

Great Northern Iron Ore

11.45b/52 11.476

Great Northern Rly, píd.

.02 up

NEW YORK COTTONSEED OIL

1

at

Great Western Sugar ...... Int Nickel .....

July

9.14b/17a 9.05/05

.09 off

Inter. Paper & Power

NEW YORK LARD

September

July

SHANGHAI DOLLARS Opened with sellers at 471 with 473. At business done as high as the close there were sellers st 471.1/2, buyers at 472.

SHANGHAI MARKET Sterling opened with sellers. ät 3.3/16 and closed with sellers Rt

Spot, US. 3.11/64 for

Dollars opened with sellers at 5,5/32 and closed a shade lower at 5.1/8" for Spot.

AFTERNOON MARKET

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

Int. Tel. & Tel. Johneman

9.10b

8.95/95

.15 off

NEW YORK BLACK PEPPER

6.83/63

N.Y. Official Sliver

84-3/4

N.Y.-Londca Cross Rate

4.02-1/4

6.61/61 34-3/4 unreceived.

.02 off

1840/41

Righ

Low Dow Jones Averages 152.80 111.84 30 Industrials

32.47 22.16 20 Rails 26.46 18.03 20 Utilities 92.19 83.08 40 Bonds 64.07 48.74 11 Commodity Index

SILVER MARKET

LONDON SILVER

.10 up 91,19 .40 up £2.64 .38 oft Business Done:---470,000 shares

LONDON STOCK

EXCHANGE

London, Apr. 23 (Reuter).

LONDON, Apr, 24 (Reuter) Silver-Small trade buying was The Stock Exchange was very

in

by Indian

Government cautious. Apart from A Little sources. Market steady. In the lowering Gut-edged. price afternoon, the market was steady changes were with no business,

few and business

Spot, 23-1/2d.

Forward, 23-1/24.

BOMBAY SILVER

Bombay, Apr. 29 (Reuter). Market-Steady. Oftake 100 bars. Indian Mint Silver

idle.

Industriais ruled fairly steady and Oils and Home Rails were also about unchanged, while among Katrs non-producers casionally offered.

OC-

Spanish 4 per cent, declined from 42 to 381 Japanese and Greek Bonds were also dull but Egyptian unified higher.

Wall Street was dull,

The market was quiet in the afternoon.

STERLING

sellers 1/3.

£

are subject to confirmation and nox & Bhai Bank. (Col. responsibility is assumed for errors in transmissión. «

London, April 23. The following quotations are the middle prices at the close of the market in London. All quotations & Shat Bank (Lan.

Reg:)

Jap. 6% Ster. Loan, 1924 193-22 Ger, 7% Intl. Loan, 1924 54 20 Chartered Bank

81

714

met

Peg) Chinese Eng. & Mining

734

103-15/16

(bearer Chosen Corporation

14/-

4/-

1012

Mercantile Bank of In-

10

dia, £5, "G"

11

Pekin Syndicate

1/

39

8'hal Elec, Constr. Co....

18/-

Chinese 5% Gold Bonds.

1925/47

etal Waterworks “A”

15

38

Union Insurance

22

the

Chin 41% Anglo-French

Loan, 1909

15

Gula Kalumpong Rubber 15/-

Ready

40

Lon., Mid, & Scot., Rly. 118

May 21 Settlement

Great Western Rly.

317

June 20 Settlement

82-09 62-10 62-11

22

National Bank of India 304

8.-A. Tob. (bearer)

83/9

1913 (Ldn. 15.) is

28

Dunlop Rubber

32/-

Chinese 8% Sten Noten,

1925 (Vickers)

Bristol Aeroplane

10/-

8-10

Imperial Chemical Ind. 297-

chin. Imperial Rly, 5%

Loan

United Steel

21/3

48

Woolworths

46/3

Honan Rly, 6%

12

Marsman Investments

8/3

Hukuang Rly. 5%, 1911...

Western Holdings ......... 9/6

(L.P. N/Y Issue) .......

-13

Sub-Nigel

142/6

Operating Services, for Cargo and Fassengers

Bukuang Rly. 5%. 1911

Shell Trang. & Trad

(German Issue>

11

(bearer)

40/71

TO-

Lung Taing & U Esi

Rly. 5% 1913

*bid

* -ex, dhr

BWATOW, SHANGHAI, TSINGTAU, CHEFOO

10)

London

9/9-1/8.

| S'hal-N'King R17.5%

14

5-1/18

Japan

21-1/2

Tientsin-Pukow Rly. 5%

(Brit. Stpd.)

11

17-1/4

Tientsin-Pukow Riy, 6% (German Stpd.}.........

11

1912

The market closed with * 1/3 up to June, buyers at 1/32 for any delivery.

US DOLLARS

The market was a shade steadier in the afternoon. A small bual ness was done at 24.1/4 for Cast

closed with small The sellers at 24.1/4 for Cash, buyers

market

at 24.6/16 for Cash.

War Loan, 31% Red.

after 1952) Defence Loan, 3 Canton-Kloon, RF, 5% Chinese 47% Gold. Iwan

1898 (Brit. Issue)

SHANGHAI DOLLARS Bualness was done early in afternoon at 471./2 followed by Chinese 5% Crisp Loan

470 1/4 transactions at 470.3/4, and 470. The market closed with Chinese 5% Reorg. Loan. sellers at 470, buyers at 470,1/4 for Cash:

SHANGHAI MARKET Quiet. There were sellers of Sterling for Spot at 3.11/64 and US Dollars at 5.1/8 for Spot.

Shanghai Exchange

Shanghal, Apr. 24 (Reuter).

Official T.T. Rates

New York

Opening

India

Paris Hongkong

Sterling

nominal 20-3/4

Rellers***

..pening Closing

0/3-11/64 0/3-11/04 0/3.11/64.

Spot

0/3-3/10

Apr,

0/3-3/16

May

0/3-3/18

1.8. Dollars

Spot ...... $5-6/32"

Apr.

-5--5/32

May

Market:-

5-6/32 Qules.

:5-6/32

.....5-5/32

$5-5/32

| Tientsin-Pukow Rły..5%%%

(Brit. Stpd. Bupl, Loan) 11. Tientsin-Pukow Rly. 6%

(Ger. Stpd. Bupl Loan) 11

Calenta Exchange

Calcutta, Apr. 23 (Reuter). T1 on Japan, 81-1/2.

India Rupee

Paper

Bombay, Apr 23 (Reuter). Govt. 34% Rupes, 94-00-0.

LONDON METALS

EXCHANGE

London, Apr. 23 (Reuter). Tu Standard, Cash, Middie. Price, £270-7/8.

Tin, Standard. 3 months, Middle Price, £267-7/8)

Market barely steady. Ministry of Supply cash price at £271-1/2 Private offers further undersold Ministry's unchanged cash price, but fair routine buying was res- tricted by the decline. Hedge covering offset smelter selling of three month's options.

After

Hongkong, 26th February, 1941.

HONGKONG SAVINGS

I

The Business of the above Bank

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

PORATION. Rules may be obtain-Paid-Up Capital

For the Hongkong & SHANGHAI"

V. M. GRAYBURN,

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

THE CHASE BANK

15. QUEEN'S ROAD,"CENTRAL

HEAD OFFICE:

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

Board of Director.

HON. SIR SHOUSON CHOW, Chairman Li Koon Chan, Esq. Li Lan Sang, Esq. P. K. Kink. Esq. Wong Chu Son, Eisq. Wong Tun Tong, Ey, Fang Ping Wah Esq.. Chan Ching Shor, Boq.

KAN TONG PO, Esq., Chief Manager · Hox. MR. LI Tas Fona, Manager

18, PINE STREET.

NEW YORK. An American Bank offering com-

plete Foreign Banking Service AMOY in the principal Markets of the Batavia world..

Interest Rates on

Application,

"SAFE DEPOSIT BOXES

Bombay

Calentia Haiphong

Hazikow

Honolulu

"

Branches, and Agencies:

Kowloom Panang

Manila

Magapore Hazroon Sourabaya Balgan Bartow

alabouras San Fran. Sydney Nagaanka New York Beattie Part

I'dipling

coa satin

Vancouver

Bemarang Shangha

>

Every description of Banking and

This Bank is entirely owned by Exchange business traumcted. Loans THE CHASE NATIONAL BANE, granted on approved securities.

NEW YORK, with Besources of over U.S.$3,800,000,000.

D. L. BALLANTYNE,

Manager

WANT-ADS are Scen!

INDO-CHINA

Current Accounts opened in Loesi Currency and Fixed Deposite re- ceived for one year or shorter periods in Local and Foreign Cur rencies on

terms which will he quoted on application.

SAVE LEPOSIT BOXES TO L

KAN TONG po,

Chief Manager.

BANK OF CHINA

J

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

.BANK

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

and TIENTSIN

KOBE and OSAKA

SINGAPORE, PENANG and ́ CALCUTTA

SANDAKAN

HAIPHONG

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

For further particulars

please apply to

JARDINE MATHESON&Co.,LT

hours-ten tons of "3 months" at TELEPHONE 303II • GENERAL MANAGERS

£287.

(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 fäcilities for Domestic and Foreign Banking and Exchange.

Head Office: SHANGHAI

Hong Kong Branch:

4, QUEEN'S ROAD, C. South Chind Offices.

[CANTON

SWATOW SHIUCHOW

KONGMOON TOISHAN KINGCHOW

We also handle. the Tssue of Bonda". and other. Public Funda. of the Chinese Government both at Home and Abroad.

SHOU J. CHEN,

Manager.

Union Bag & Paper Corp.

101

New York Tsingtao Peiping Yokohama Penang

CURRENT ACCOUNTS opened

FORLIGN EXCHANGE and General Backing Business transacted.

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

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

in Local Currency and FIXED DE- en application. POSITS received for one year or The Bank's Head Office in London sbcrter periods in Local and Other undertakes Executor and Trustee Currencies on terms which will be business, and claims recovery of

British Income Tax overpaid, on

SAFE DEPOSIT BOXES of terms which may be ascertained at

any of the Agencies and Branches.

W. H. EVANS THOMAS,

Manager.

21

Union Paciic

77

551*

United Aircraft

35

59

United Airlines Trans

111

30

United Corpn.

12;

United Corpn. $3 cum pf.

11/16 191

BANK

United

Gas Improvement

7

BANK OF EAST ASIA, LIMITED

38

U.S. Rubber

"20

11+

U.S. Steel

521

is conducted by the EONGKONG

101*

Vanadium

24

114

Vultee Aircraft

41*

id en application.

17

Walworth Co.

4}

5,598,600,00

Reserve aud Undivided

Profits

2,983,261.50

H

131

Warner Bros. Pict.

31

BANKING CORPORATION.

"

25

Westinghouse Elec,

88+

22

Woodward Iron Cor.

251*

271

Chase National Bank

14

National City Bank...

2*

Libby. Monell & Libby

571

DOW JONES AVERAGE

Apr. 24, 1941, Apr. 93, High Low Close

Change

118.78

116.82 115.33 116.69

.81 up

27.89

28.38 27.91 24.36

47 up

18.07

18.20 18.06 18.17

90.79

.63.03.

Loudon