1941-04-26 — Page 10

(REUTER'S SERVICEY -

NEW YORK, Apr. 23, 1941.

On Shanghai:

On demanda.

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

· 90.

11.18 11.09 11.14 11.09 22.59 22.50 22.45 22.57 394 881 89%

Prev. "Today's High Low Close Close Change .05 off ,12" up

1 up

STOCKS

67

13.79

871 67+ 67 b 13.73

19.70b 13.79

.09 up

Adams Express

PAGE 10-HONGKONG. DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS APRIL 25, 1941.

On London:-

Telegraphic Transfer. 1/2 7! › Bank Hills, on demand 1/9 7/8 Credits 4 months' sight

NEW YORK COMMODITY MARKET

קט !

NEW YORK STOCK EXCHANGE

QUOTATION

(BEUTER'S SERVICE)

APRIL 25, 1941

STOCKS

SATURDAY, APRIL 26, 1941.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

`INDIA, AUSTRALIA AND CHINA

Issued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, 1868

BANKING CORPORATION

Authorised Capital: 850,000,000

Reserve Funds: Sterling

Last Sale

Apr. 24

Last Sale

Apr. 24

.......$20,000,000

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

Reserve Liability of Pro-

prietors Proprietor

£3,000,000

.£9,000,00

£3,000,00€

5+

Close

Closing

Alleghany Steel Co.

Change

193

Kennecott Copper Libbey-Owens-Ford

HEAD OFFICE: LONDON:

323

Glass 314

Head Office:-HONG KONG

480,

Allis Chalmers

26

Lockheed Aircraft

302

On Singapore:-

On demand

59 3/4

May July

11.14/14 11.09/09 11.11/11 11.08/08

*

.05 off

Amer. Can

837

Loew's Inc..

302

.C3 oft

American Cyanamid B.

35+

Martin, Glen L

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

27

Chairman.

On Japan:-

October

unrecd.

11.04/05

Amer., & Foreign Power

Montgomery Ward

341

On demand

102 1/2

On India:—

Telegraphic

Transfer.

On New York:—

On demand

On Paris:

On Balzon:

On demand

................... 183 1/2

On Manila:

On demand

47 3/4

Oz Bangkok:—

On demand

149 1/2

CHICAGO WHEAT

On Sterling Notes:-

May

Bank Buying Rate

Nom.

July

Bar Sliver per os....

September

CHICAGO CORN

May July

September

and demand......

Bank Bills, on demand 23 7/8

Credlis; 60 days" sight 24 5jä

On Batavia:-.

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

NEW YORK RUBBER

May July

62 6/9

December January March Spot

Total sales Wednesday:-109,800 bales

11.06/06

11.06/06

anch.

Amer & Foreign $7 pt.

17

National Aviation

W. H. Lock, Esq.,

11.03 N

11.02. N

.01 off

Amer. Locomotive ........

11

Nat, Dairy Products .....

Deputy Chairman.

11.07/07 11.94

11.04/05

.03 off

Amer. Metals Co.

151

National Distillers

J. K. Bousfield, Esq.,

184

11,25

05 off

Amer. Radiator

61

Nat, Power & Light

A. H. Compton, Esq.,

61

Amer. Rolling Mill...

137

National Supply Corp.......

L. J. Davies, Esq., ----

4

!

The First Notice Day for May Cotton is April 25 and date of delivery is May 1,

Amer, 8'ting and Ring Co.

37

New York Central

Hon. Mr. S. H. Dodwell,

122

Amer. Sugar Redning

154

Niagara Hudson Power

G. Miskin, Esq.,

24.

K. S. Morrison, Esq.,

ALOR STAB AMRITSAR BANGXOX BATAVIA

38, Bishopsgate E.0.3 Sub-Agencies In Lendon: 117/182, Leadenhall Street, E.C.

West End Branch: 14/18," Cockspur Street, S.WI Manchester Branch: 62, Mosley Street, Manchester, S.

AGENCIES AND BRANCHES

HONG KONG PINANG ILOILO

IPOK

BANGOON

BAIGON

Amer. Tel, & Tel

156

N. American Aviation

127

Hon. Mr. T. E. Pearce,

BOMBAY

KARACHI

BERIMBAN

SHANGHAI

44 3/4

Amer. Tobacco “B”

68+

North American Co....

13

(New contract)

Septernber

..)

December

•

22.45/45 22,57/57 21.95b/978 22,05 N

12 up

Amer. Waterworks

41

Northern Pacific

Hon. Mr. A. L Shield, "Sir Vandeleur M. Grayburn,

.10 up

Anaconda Copper

237

Packard Motors

21

4

Chief Manager. FAILIN PLACE

GALOUTTA

AGENCIES: OLITE START

21.59/59

21.30 N

21.85/67 21,25 N

.08 up

Atchison, T. & §, Te.

26)

Paramount Pictures

11#

.05 up.

Aviation Corp.

24

Pennsylvania RR

233-

Total sales for the day:-160 tons

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

Bendix Aviation

Baldwin Lecometive ... 13

Phillips Petroleum

39%

Amoy

Branches: Johore

Baltimore & Ohio

38

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

241

Bangkok

Kobe

Barrisdall ON

81

Pure Oll

81

Batavia

Kowloon

Rangoon Saigon San..

331

Radio Corpn. of Am.

34

Bombay

Kuala

Francisco

Bethlehem Steel

70

Reading Company,

Com

141

Calcutta

Lumpur Shanghai

827/89 862/867

897/90 "871/871 863/87 87+/873

1 up

Bliss Co.

151

Remington Arms Co., Inc.

44*

Canton London

Singapore

#up

Boeing Airplane Co.

13

Republic Aviation Corp.

34

Chatoo

Lyons

Sourabaya

₤ up

Market Report

FROM ROZA BROS.

Friday, Apr. 25.

Silver prices were unchanged

yesterday, the quotations remain-|NEW YORK HIDES

Wednesday's sales:-13,555,000 bushels.

Borg-Warner p Briggs Mfg.

18.

Republic Steel,

177

Colombo Malacca

Sungei

10

Reynold Tobac," "B"

~30+

Dairen..

Manila

Budd Mfacturing Corp.

34

Schenley Distillers

Foochow

Muar

Swato

D

Haiphong

(Johore). Tientsin

Canadian Pacific R'way ...

来

Shell Union Of

13

Bankow

Mukden Tokyo

874/671

673/67# 68/69

67jb 682 661/681

Delanese

201

Socony-Vacunum Oil

B

Chesapeake & Ohio

39

Southern Pacific

11

Harbin Iloilo

New York Tsingtao

Chrysler Corpn.

58%

Southern Rly $5 pid.

242

Ipok

Columbia Gas & Mec.

27

Spicer Manufacturing Co. 273*

ing at 23.1/2 for both Ready and Forward. Silver advices reported

Commercial Credit Co.

25

Standard Brands

51

June

the market as being steady but

September

Total sales for the day:-54 lots.

13.70b/71a 13.78/79. 13.76b/78

13.85/85

17

..09'up .09 up

Com, & Southern (Ord.)

Stand Gas & Elec...

Consolidated Edison

191

Standard Où of NJ.

35+

May

May.

July

July

NEW YORK COTTONSEED OIL

July NEW YORK LARD

September

NEW YORK BLACK PEPPER

July

NY. Official Silver

N.Y.-London Cross Rate

quiet, American Silver was quoted NEW YORK COCOA

at 34.3/4 for Spot,

The London/New York cross- rate was quoted at 402.1/2. New York/London was quoted at 402.

3/4.

Quiet.

MARKET

STERLING

There were sellers at 1/3 up to June, buyers at 1/3.1/32 for any delivery.

The First Notice Day for May cocoa is April 4 and the last trading day is May 22.

NEW YORK SUGAR NO. 3

2.44b/45a 2.42b/43a

102 off 2.46b/48a 2,44b/45g .01 of Volume of business done:-129 lots The First Notice Bay for No. 3 Sugar is April 24 and the last trading day is May 23, NEW YORK SUGAR NO. 4 U. S. DOLLARS Opened with sellers at

May 24.1/4.. with a small business reported at 24.5/16 for Cash. The market closed at 1 p.m. with small sellers at 24.5/16 for Cash, buyers at 24.5/8 for Cash

SHANGHAI DOLLÁRS Quiet. Business was done early in the morning at 470. The mar- ket closed with" sellers at 469.1/2, buyers at 470.1/4.

SHANGHAI MARKET Sterling opened with sellers at 3.11/64 and closed a shade steadier at 3.3/16 for Spot. U. S. Dollars opened with sellers at 5.1/8. The highest rate reported was 5.3/18. The market closed at lunch time with sellers at 6.5/32 for Spot.

AFTERNOON MARKET

Quiet

STERLING

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 small sellers at 24.5/16 for Cash, buyers at 24.3/8 for Cash,

SHANGHAI DOLLARS Quiet. The market closed with sellers at 488.1/2, buyers at 469.

SHANGHAI MARKET Steady. There were sellera of Sterling for near delivery at 3.3/18 and U. 8. Dollars at 5.3/16 for Spot.

II

July

79b/.7918 72b/.79a Volume of business done:-15 lots. The Last trading day for No. 4 Sugar is May 1. NEW YORK COPPER FUTUBES

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

London, Apr. 24. Chosen Corporation ...... 47-

The following quotations are the Mercantile Bank of In- adddle prices at the close of the

dia £5, "G"

market in London. All quotations Pekin Syndicate are subject to, confirmation and no s'hal Elec. Constr. Co. responsibility is assumed for errors s'hal Waterworks "A"... in transmission.

111

1/-

41

16/-

15

2

anton Insurance Gula Kalumpong Rubber 15/- Lon; Mid, & Scot., Rly. 11

22

104-5/18 Great Western Rly. 101 10

321

National Bank of India 301 B.-A. Tob (beazer)

83/9

Dunlop Rubber

32/-

39

W

Bristol Aeroplane

10/-

Imperial Chemical Ind. 29/11

38

United Stcel

21/3

Western Holdings .........' Sub-Nigel

9/6

Woolworths

48/0

Shell Trans, că Trad.

40

Marsinan Investments...

6/3

(bearer)

41/3

22

War Loan, 31% (Red,

after 1952) Defence Loan, 3% Janton-Kloon Rly. 5% Chinese 41% Gold Lan

1898 (Brit Issue) Chinese 5% Gold Bonds,

1925/47 Chin. 41% Anglo-French

Loạn 1900

Chinese 5%. Crisp LORD.

1912

Shanghai Exchange Chinese 5% Reorg, Loan,

Shanghai, Apr, 25 (Reuter).

Official T.T. Rates

1913 Ldn. Is.)

Chinese 8% Ster. Notes,

1923 (Vickers)

གླུ་བྷྲ་སྤུ་སྒྲཊྛིཾ་ཀླ ུ༢་ཙག ཌཚུ

281

Opening

8-10

073-1/6

Chin. Imperial Rly 5%

5-1/16

Loan .....

21-1/2

Honan Rly, 5%

12

17-1/4

Hukuang Rly, 5%. 1911...

nominal 20-3/4

13

Operating Services for Cargo and Passengers

TO-

opening Closing

Бров

Apr. May

0/8-11/64 0/3-3/18 0/3-16/64 0/3-3/16

0/3-11/04 0/3-3/18

D.8. Dollars

Spot

$5-5/32 $5-5/32

Apr.

5-5/33

May

625/32

5-5/32 -5-5/32

Market: Steady,

Consolidated. Oil

57

Studebaker Com

54

7.21/22 715/16

Copperweld Steel

143

Swift International

172

:06 aff

Ourtiss Wright (C.)

74.

Technicolor

82

Douglas Aircraft

674

Texas Corpn.

371

Du Pont de Nemours

1414

Trans-America Co.

4+

various sizes to let

i

Eagle Picher Lead

72

20th Cent, Fox.

51

Elec, Autolite.......

261

Union Bag & Paper Corp. 10)

business undertaken.

.

Elec, Band & Share

21

Union Pacific

777

Hongkong, 28th February, 1941.

Patani

Peiping Yokohama Penang.

NEW YORK PRIPING

(Peking)

FOREIGN EXCHANGE and General " Banking Business transacted.

CURRENT ACCOUNT opened and FIXED" DEPOSIT received for One Year or shorter periods in Local or Other Currencies at rates whil will be quoted on application.

SAVINGS ACCOUNTS also opened in Local Currency and Sterling with CURRENT ACCOUNTS., opened interest allowed at rates obtainabla 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 British Income Tax overpaid, on

quoted on application.

SAFE DEPOSIT BOXES of terms which may be ascerta'ned at

any of the Agencies and Branches. TRUSTEE and EXECUTOR W. H. EVANS THOMAS,

Manager.

CANTON CAWNPORE OFET COLOMBO DELHI HAIPHONG

KLANG KORM KUALA ·

LUMPUR KUCHING MAD ZAB

BINGAPO

BITIAWAN

BOURABAYA

TAIPING

TIMEIN

TONGKAN

MANILA

(Bhuket)

MIDAN

TSINGTAL

TOTOHANA

HAMBURO BANKOW

Fr

Elec, Bend & Share $5 pf.

554*

United Aircraft

38.

Bec. Bond & Share $8 pí.

59

United Airlines Trans

111

Elec. Fower & Light $7 pi. Hintkote

33

United Corpn

11/16

Gen. Electric

Gen. Motors

781b/.78a74b/.78a

.011 off 01. of

Gen. Railway Signal

Gen. Tire & Rubber

Goodrich (B.E.) ..............

Goodyear Tire & Co.

Great Northern Iron Ore

Great Northern Rly, pid.

11:47b

11.47b

unch.

Great Western Sugar

Int Nickel

Inter. Paper & Power....

9.05/05

9.13/13

.08 up

Int. Tel. Tel. Johnsman

8.95/95

9.02

.07 up

1940/41

8.61/61 6.66/66 34-3/4 34-3/4 4.02-1/4

.05 up

4.02-3/4

Eligh Low Dow Jones Averages 152.80 111.84 30 Industrials

32.67 22.15 20

26.45 18.03 20

92.19 83.08 40 64.07 48.74 11

London...

New York

Japan

India

Paris

Hongkong

Sterling

Bellera

India Rupee Paper

Bombay, Apr. 24 (Router),. Govt 34% Rupee, 94-02-0

(L.P, NY Issue) ......

Hukdang Rly. 5%, 1911

(German Issue) Lung Tsing & U. Hat

Rly. 5% 1913 Bhal-N'King Rly, 5%

Tientsin-Pakow Rly. 5%

(Brit. 8tpd.)

Tientsin-Pakow Rly. 6%

14

11

(German Stpd.)...... Tientain-Pukow Rly. 5%

(Brit. Btpd. Bup),^ Loan) 11. Tientsin-Pukow Rly. 5%

(Ger. Stpd. Bupl. Loan) 11 Jap. 6% Eter, Loan, 1924 214 Ger. 7% Intl Loan, 1924 54 Chartered Bank

8

1

HK. & S'hai Bank (Lán.

Reg.).......

71

LONDON GOLD

H., & Bhai Bank (Dol

Peg)

London, Apr, 24 (Reuter). Chinese Eng.& Mining Bar Gold. Five per c., 168/- .(bearer)

12

781

14/-

1

SILVER MARKET

LONDON SILVER London, Apr. 24 (Reuter). Silver-Small trade demand was met by Indian Government sales, Market steady. In the Afternoon, the market was steady and quiet, with no business.

Spot, 23-1/2d.

Forward, 23-1/24.

DIQ-

LONDON METALS

EXCHANGE

London, Apr, 24 (Reuter).

Standard. Cash, Middle Price, £271-3/8,

Tin,

Tin, Standard. 3 months, Middle Price £287-1/8.

Market steady, Ministry of Sup-" ply's cash price £272-3/4.

BROKERS

LOANS

New York, Apr, 24 (Reuter). Loans on securities to brokers ta New York:

•

WK.-ended Wk.-ended. Wk -ended 18/4/40 17/4/41 24/4/41 $479,000,000 $337,000,000 $323,000,000

INDO-CHINA

STEAM NAVIGATION COMPANY LTD.

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

SINGAPORE, PENANG and CALOUTTA

SANDAKAN

HAIPHONG

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

For further particulars

please apply to

JARDINE MATHESON&Co.,LT TELEPHONE SOJIL • GENERAL MANAGERS:

BANK OF EAST ASIA,.

LIMITED

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

PORATION. Rules may be obtain- Paid-Up Capital

For the HowarONG & SHANGHAI

V. M. GBAYBURN,

Chief Manager. Hong Kong, 2:4h Fab., 1939.

......................' 5,599,600,00

..2,983,261,50

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

Reserve and Undivided

Profits

Board of Director.

HON. SIE SHOUSON CHow, Chairman

Li Koon Chun, Esq. P. K, Kwok, Esq.,

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

HEAD OFFICE:

18, PINE STARRY,

NEW YORK. An American Bank offering com-

Chan Ching Bhok, Esq.

Lá Tan Sang, Esq.

Wong Chu Son, Eng.

Fung Ping Wah Esq.

KAN Toxa Po, Esq., Ohief Manager HON. ME. LI TEZ FONG, Manager

plete Foreign. Banking Service | Amoy

in the principal Markets of the Bombay world.

Interest Rates on Application,

SAFE DEPOSIT BOXES

Celestia

Halphong Bartow

Konplain

Eote

Branches and Agencies:

Manila

Penang Aingapor Hangdon Bourdays Saigon Benbow

Melbourne San Fran. Bydney Nagasaki

cison Plantaeba

New York Battle Vectartar Pezir

Peiping

Bemasang

Shangha

Every description of Banking and

This Bank is entirely owned by Ezohange business transacted. Loans THE CHASE NATIONAL BANK, granted on approved securities.

NEW YORK, with Resources of over U.B.$3,800,000,000.

D. L. BALLANTYNE,

Corrent Accounts, opened in Local Currency and Fixed Deposita re- ceived for one year or shorter Manager, periods in Local and Foreign Our rencies 03 terms which will be quoted on application.

SAFE POST BOXE TO LET.

KAN TONG PO,

Chief Manager.

THE MERCANTILE BANK OF INDIA, LIMITED

Head Office:-15, Gracechurch Street, London, ECA Authorised Ospitsi | ..

Subscribed Capital

Palup Capital

Renerte. Find and Rest,

BANKERS:

£3,000,000

£1,800,000

£1,050,000

21,256,939

The Bank of England and Midland

Bank, Ltd, BRANCHES;

J

Bangkok

Ipoh

Bonbay

Jadua

Calcutta

Kuantan

Kerschi

Kota Bharu

Columbu Krady

Delbl

Galle

Hongkong Kuala Liple Howrah

Kuala Trenggal Madra

New York Panexx Tangoon

Mhanghai

Kuala Lumpur Mngapore HONG KONG BRANCE: Kyary desuripides of Banking, nöd Exchange Enginess transacted.

TRUSTEE AND EXECUTORSHIP

UNDERTAKEN

D. BENSON.

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 CURRENT AĠJOUETS opened, is Locs our the World, we are able to extend Fancy and FIXED DEPOSITS ronivad lu Local Ontress STEELING on Larms that may be to our Clients special facilities for Recortaioad on application,

Domestic and Foreign Banking and Exchange.

Head Office:-SHANGHAI Hong Kong Branch: "4, QUEEN'S ROAD, C.

South China Offices..

KONGMOON TOISHAN KINGOHOW

Manager

WANT-ADS

ars

Quick!

CANTON SWATOW SHIUCHOW

1

We also handle the issue of Bonds

and other Public Funds of the Chinese Government both at Home and Abroad.

SHOU J. CHEN,

Manager.

12+

United Corpn. $3 cum pt.

197

HONGKONG SAVINGS

BANK

297

United Gas Improvement

87

38

U.S. Rubber

211

The Busines of the above Baik

12

.6. Steel

511

is conducted by the BONGKONG

101

Vanadium

243

121

Vultee Aircraft

5*

ed on application.

171

Walworth Co.

44

13

Warner Bros, Plet.

31

BANKING CORPORATION.

25%

r

Westinghouse Elec,

897

221

Woodward Iron Cor.

20

274

Chase National Bank

291*

337

National City Bank

251*

21

Libby. Moneill & Libby

572

THE CHASE BANK

.

DOW JONES AVERAGE

Apr. 25, 1941.

Apr. 23, High Low Close

Change

118.69

117.85 116.61 117.35

78 up

Rails Utilities Bonds Commodity Index

28.30.

28.81 28.30 28.88

.30 up

18.17 91.18 62.64

18.33 18.18 18.21

.04 up

91.39

69.85 Business Done: 490,000 shares

∙.20 up .21 up

|

Kowloon

Batara

Loudon