1941-04-28 — Page 10

NEW YORK, Apr. 28 (Reuter)

#

Figh Low

11.14 11.10

On demand.....

Ön Singapore:-

On demand

May

***** 455

"July

October

52.3/

012 901 881 671 681 13.94 13.81 13.85

Close .. Closing 11.11/11 11,14/14 11.13/12 - 11.15/15 11.10/10 1117/17

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

NEW YORK COMMODITY MARKET (REUTER'S SEKVICE)

CLOSING QUOTATIONS New York, Cotton, May

APRIL 28, 1941,

On London:

Telegraphic Transfer. 1/2 7/8 Bank Billa, on demand 1/2 7/8 Credits 4 months' sight

On Shanghal-

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 27, 1941

STOCKS

Kannecots Copper

MONDAY, APRIL 28, 1941.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

.

Authorised Capital... $50,000,000

INDIA, AUSTRALIA AND CHINA

Prev. Today's

Close Cloac Change

· 11.11 11.14 .03 up

22.85 22.90

014 91 † off 88 1. off 13.88b 01 up

Change.

.05 up

STOCKS

Last Sale

Apr. 26

Last Sale

Apr. 26

Adams Express

51

32+

Issued & Fully Paid-Up #20,000,000 Incorporated by Royal Charter, 1888 ·

Heserve Funds: Sterling

.....£8,500,000 Paid-Up Capital......... £3,000,000 A.K. Currency Reserve $10,000,000 Reserve Fund

£3,000,000 Eeserve Liability of

Reservo Liability of Pro- Proprietors

$20,000,000

prietors...

£3,000,00€ HEAD OFFICE: LONDON: Head Office:-HONG KONG

38, Bishopagate E.C.2.

E

.03 up ....03 up

Alleghany Steel Co.

201

| Libbey-Owens-Ford

Glass $11

Allis Chalmers

Lockheed Aircraft

25+

201

Amer. Can

.07 up

821

Loew's Inc.

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

30*

On Japan:-

December

January

11:10 N

11.18/18

08 up

American Cyanamid B.

Martin, Gen L

Chairman

342

237*

Amer. & Foreign Power

11.06 N

11.13 N

..07 up

}

Montgomery Ward

321"

W. H. Lock, Esq.,

On demand... 103 1/2

March

On India:-

Spot

11.09/09 11.31

11.17/17 11.34

.08 up

Amer * Foreign $7 pí.

164*

|National Aviation

73*

Deputy Chairman,

.03 up

Amer. Locomotive

111

Nat: Dairy Products

J. K. Bousfield, Esq.,

13

Telegraphic Transfer.

Amer. Metals' Co.

and demand.

82 5/8

Total sales Friday -74,200 bales,

16*

National Distillers

17

A. H. Compton, Esq.,

W

On New York:-

December

On demand ............. 104

....... 48.

CHICAGO WHEAT

Bank Bills, on demand 24 ̧ Crediis, 80 days sight 24 3/4

On Batavia:-)

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

On Paris:-

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

On Balgon:-

On Manila:-

On demand

NEW YORK RUBBER

May

July (New contract) September ( >

Total sales for the day:-nil

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

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

Amer. Radiator .....

6

Nat, Power & Light

L J. Davice, Esq.

61

Amer. Rolling Milk

13

National Supply Corp.

Hon. Mr. S. H. Dodwell,

AMRITSAR

G. Miskin, Esq...

Amer. Sting and B'ing Co." 37

New York Central

BANGKOK

121

K. 8. Morrison, Esq.,

.. Sub-Agencies In London: 117/123, Leadenhall Street, E.C.B West End Branch:" 14/16, Cockspur Street, S.W 1. Manchester Branch: Mosley Street, Manchester,

AGENCIES AND BRANCHES. ALOE STAR

BONG KONG FENANG ILOILO

IFOR

BATAVIA

Amer, Sugar Refining

151

Niagara Hudson Power

Hon. Mr T. E. Pearce,

TABACH)

KOMBAT

“།

22:85/85

22.37/37

22.90b/95a 22.48/48

.05 up

Amer. Tel, & Tel

1547

N. American Aviation

.11 up

Amer, Tobacco “B”

671

North American Co.

138

21.90/90

22.00/00

סט 10.

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

KLANG

CALOUTTA

RANGOON

SAIGON

BEREMBAN

SHANGELA!

BINGAPORS

Amer. Waterworks

48

Northern Pacific

}

21.52/52

21.68/68

16 up

Anaconds Copper

231

Packard Motors

Chief Manager. FATIS PLAC

21

Atchison, T, & S, Fe.

261

Paramount Pictures

*****

last

Aviation Corp.

3

Pennsylvania. R.R.

237

Amor

Branches: Johore

Baldwin Lecometive

131

Phillips Petroleum

39

Baltimore & Ohly

31

Pullman e.................

Bangkok Koba

237

Satavia

Kowloon

Barnsdall On

B**

Pure Oll....

81

Bombay Kualo

On Bangkok:-

May

On demand

149 1/2

July

918/91 69/89

91/91

off

Bendix Aviation

34

Radio Corpn. of Am.

31

Calcutta Lumpur

Rangoon Saigon San

Francisco Shanghai

CANTON CAWNPORI CEBU COLOMBO DILHI

KUCHING

KADRAS

88/88)

off

Bethlehem Steel

691

Reading Company,

Com

141*

Canton

London

Singapore

On Sterling Notes:-

September

881/881

1 off

Biles & Co.

14*

Remington Arms Co., Inc.

44*

Übetoo

Цусан

Sourabaya

Bank Buying Rate Bar Silver per 03. -

Nom. 23 1/2

Friday's sales:-12,891,000 bushels.

Boeing Airplane Co.

131

Republie Aviation Carp....

37

Colombo

Malacca

Sungei

CHICAGO CORN

Borg-Warner

173

Republic Steel

172

Dairen

Manila

May

681/681

Briggs Mig.

19.

Reynold Tobac, "8"

301

Foochow Muar

03/68

Budd Mfacturing Corp.

31*

Schenley Distillers

9**

Haiphong

Juls ......

581/684

September

6874

682/687 631/687

1 off

Canadian Pacific R'way

off

Celanese

Chesapeake & Ohio

13.85,85

September

13.93/94

13.86b/908 13.98/98

01 up

Chrysler Corpn.

05.up

Columbia, Gas & Elec.

"Commercial Credit Co.

Com, de Southern (Ord.)

Consolidated· Edison

May

7,02 N

7.11 IN

.09 up

Consolidated 01

Copperweld Steel

Curtiss Wright (C.)

Douglas Aircraft

May

July

2.43b/45a ..... 2.44b/45a

2,43b/45a 244b/45a

unch.

Du Pont de Nemours

unch.

Engle Picher Lead

Fleo. Antolite

Elec. Band & Share

Elec, Bend & Share $5 pt.

Elec Bond & Share $$ pf. 584

May July

.00% up

.014 up

Elec, Power & Light ST pf. Fatkote

Gen, Electric

"Gen. Motors

Gen. Railway Signal

11.47h

9.19/19

11.46b/508 .01 off

#

9.18/18

Gen. Tire & Rubber

Goodrich (EF)

Goodyear Tire & Co.

01 of

Great Northern Iron Ore

Great Northern Rly, pfd.

9.102

9.10a

Great Western Sugar

unch.

Int Nickel

Inter. Paper & Power

-6.66b/69a 9.89b/70a

.03 up

A

Int. Tel. & Tel............................. Johnsman

1940/41

Bligh

London

Market Report

FROM ROZA BROS,'

April 20. Stiver prices were unchanged yesterday, the quotations remain - ing at 23.1/2 for both Ready and Forward. Bliver advices reported the market as being steady with smal demand. American Silver was quoted 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 Cash.

V. S. DOLLARS

A small business was done early in the morning at 24.3/8 for near. delivery. The market closed with seliers at 24.3/8, buyers at 24.7/16) for Cash. Steady.

SHANGHAI. DOLLARS

·

"A large business was done at 467:3/4 and 468. The market clos- ed with sellers at 467.1/4. buyers at 467,3/4.

SHANGHAI MARKET Sterling opened with sellers at 3.3/18 and then rose to 3.13/64. The market closed with sellers at 3.31.16 for Spot. US$. There were

sellers throughout the morning at

5.3/10 for Spot.

Shanghai Exchange.

Shanghai, Apr, 26 (Reuter).

Official T.E. Rates

Opening

New York

"Japan

India

Paris

Hongkong

India Rupee Paper

NEW YORK HIDES

June

Total sales for the day:37 lots.

NEW YORK COCOA

The last trading day for May cocoa is Mev 22. NEW YORK SUGAR NO. 3

Volume of business dope:-31 lots. The last trading day for No. 3 Sugar is May 23. NEW YORK SUGAR NO. 4

.76N

.764b/77 781b/.794a 80b/80. Volume of business done:-22 lots. The Last trading day for No. 4 Bugar is May 1. NEW YORK COPPER FUTURES

July

NEW YORK COTTONSEED OIL

July

NEW YORK LARD

September

NEW YORK BLACK PEPPER

July

The First Notice Day for September black pepper is Aug. 24 and" fast trading day is September 23.

N.Y. Official Silver"...... N.Y.-London Cross Rate..... 4.02-3/4

LONDON STOCK

EXCHANGE

(REUTER'S SERVICE)

London, Apr. 25.

34-3/4 unquoted

4.03.

BEAVERBROOK'S MESSAGE TO THE WORKERS

The following quotations are the

LONDON, April 27 (Reuter)- middle prices at the close of the Lord Beaverbrook, the Minister of market in London. All quotations Aircraft Production, who recently are subject to confirmation and no coined the phrase "beautiful.

073-1/4

5--1/18

21-1/2"

17-1/4--

nominal 20-3/4

War Loan, 31% (Red.

after 1962)

Bombay, Ant. 26 (Reuter). Govt. 34% Rupee, 94-02-0.

Calcat Exchange

Calcutta, "Apr. 26 (Reuter).. TT on Japan. 81-1/8-

SILVER MARKET

·BOMBAY SILVER Bombay, Apr. 26 (Reuter), " Market--Steady. Offtake 100 bars. Índian Mint Silver

Ready May 21 Bettlement June 20 Bettlement

responsibility is assumed for errors bombs" has sent a message to all in transmission.

aircraft workers expressing his gratitude for their past help and an exhortation to greater efforts for the future.

£

.102-15/18† Defence Loan, 3%... 1011 Canton-Kioon Rly. 6% 10 Chinese % Gold Lwan

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

1925/4.....

Chin. 41% Anglo-French

Loan, 1908 Chinese 5% Crisp Loan.

1912

Chinese 5% Reorg, Loan,

1913 (Lan. Ia). Chinese 8% Ster. Notes.

1925 (Vickers)

Chin. Imperial Rly. 6%

Loen Honan Rly 5%.......

30

22

ཞ ༞ བྷཱུ ྨ 8 ྂ་སྙ་ཝེ

281

8-10

"You produce air-frames which might be described as 'beautiful ladies' with their new bonnets engines which show a magnificent advance on the last year's fashions. "It is on account of these new bonnets for the pretty ladies that

I ask you to give us more output.

a more bountiful supply of spares.

a more, determined effort in the assembly shops.

"In the long Summer days, your.

ladies will be the comfort we rely

on in our homes and at our heartb

stones"

Low Dow Jones Averages 182.80 111,84 30 Industrials

32.67 92.15 20 Raila

28.45 18.03 20

92.19 8306 40

Utilities Bonda

84.07 48.74 11. Commodity Index

LONDON METALS

EXCHANGE

London, Apr. 25. (Reuter). T Standard, Cash, Middle Price, £271-7/8.

STRIKE THREATENS- GENERAL MOTORS WASHINGTON, April 27 (Reu- ter)-Strike

threatens the vast General Motors Corporation

now

Tin, Standard. 3 months, Middle which is partly engaged on de- Price, £257-1/8;

fence orders...

Miss Francis Perkins, the Ameri- can Secretary of Labour, has noti- fed the danger to the Defence Mediation Board.

Market steady. Ministry's cash price £272-3/4, which is higher in spite of heavier Eastern, sales. Fair buying, mostly hedge-cover- The Labour Department, stated 'ing. Market again undersold on Friday night that the notifica- Ministry's cash limit. After hours tion followed reports that up to sellers very reserved. 25 tons at midnight forty-one put of 61 fac- £272 and £287-1/2.

tories had voted for a strike,

Every description of Banking and

This Bank is entirely owned by Exchange business transacted. Loans

BANE granted on approved securities

NEW YORK, with Resources of Current Accounts opened in Local

over U.8.83,800.000,000,

D, L. BALLANTYNE,

Currency and Fixed Deposita re ceived for one year or shorter Manager, periods in: Local and Foreign Unr rencies on terms which will he quoted on application

WANT-ADS Cheap!

ARE

INDO-CHINA

SAFE DEPOSIT Boxes To LET.

KAN TONG PO,

Chief Manager,

BANK OF CHINA

Specially Chartered by

| THE NATIONAL GOVERNMENT

****** OF CHINA AS ANT

INTERNATIONAL KICHANGE

BANK

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

Hukuang Rly. 5%, 1011...

62-14 62-15 63-01

(LP. N/Y Iвgue): ...... Hukuang Rly. 5%, 1911

(German Issue) ...

13

Chosen Corporation

4/-

Operating Services for Cargo and Passengers

Mercantile Bank of In-

11

dia, £5, "GI

114

TO-

Pekin Syndicate ...........

1/-

101

B'hal Elec. Constr. Co.

16/-

B'hal Waterworks, "A" Union Insurance -

15 22

ཙུཝ

H.K. Stock Exchange

April 26.

BUYERS

Bank of East Asia, 270, Indo-Chinas (Pret), 380 Mação "Electrica XD,44€»

SELLERS

Trams, $16.20:

Docks, $15. Team

SALES

$15.90.

| Long Tring & U. Hai

Ely. 5% 1913--......

11

B'hai-N'King Rly. 6%... Tientsin-Pakow Rly. 5%

(Brit. Stpd). Tientsin-Pukow Rly. 5%

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

(Brit. Stpd. Supl Loan) 11 Tentain-Pukow Rly. 5% (Ger. Stpd. Bupl. Loạn) |Jap. 8% Eter. Loan, 1924 101 Ger 7% Intl Loan, 1924 51 Chartered Bank,

HK, & S'hal Bank Lán

Reg.) 11. HE. & Shai Bank (Col.

Feg)**** Chinese Eng & Mining

(bearer)"

Gula Kalumpong Rabber 15/- Løn, Mid, & Scot.. Rly. 114 Great Western Hly, 22 National Bank of India, 301 B-A, Tob (bearer) ..... 83/9 Dunlop Rubber Bristol Aeroplane

32/3 9/6 Imperial Chemical Ind. 29/3 United Steel

****** 21/4 Woolworths.............................. 46/0 Mariman Investments Western Holdings

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN..

KOBE and OSAKA

SINGAPORE PENANG and CALCUTTA BANDAKAN

HAIPHONG

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

For further particulara

please apply to

JARDINE MATHESON&C

TELEPHONE:303IL-GENERAL MANA

11:

8

| Sub-Nigel

781

Shell Traj

(bearer)

6/3

9/8

142/6

Trad.

40/71

RS

(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 Olienta special facilities for Domestic and Foreign Banking and Exchange...

Head Office;--SHANGHAT Hong Kong Branch:

4, QUEEN'S ROAD, C. South Ching Officer,

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,

SHOU

CHEN,

Manager.

R

Azokow

30

Shell Unter Ol

121

Esrbin

208*

Socony-Vacunum Oli

87

Iloilo

384

Southern Pacific

102

Ipoh

574

|Southern Rly $5 píd. ......

24

27

Spleer Manufacturing Co.

271*

251

Standard Brands

52

+

Stand Gas & Elec

$

19

Standard O of N.J.

354

Så

Studebaker Com

54

141

Swift International

173

77

Technicolor

671

Texas Corpn..

362

various sizes to let.

140

Trans-America. .

44*

TRUSTEE and

73***

20th Cent. BOX

31

business undertaken.

28

Union Bag & Paper Corp. 101*

Hongkong, 26th February, 1941.

Patani Swatow

(Johore) Tientsin Mukden Tokyo New York Tsingtao

Yokohama Peiping

Penang

HAIPHONG HAMBURG KANIOW

NEW YORK

PEIPING

(Peking)

FORKIGN ETomanga and Genera) Banking Business transacted.

CURRENT Accounts opened · · and EIXID DEPOSITS. received for Oa Year or shorter periods in Local or Other Currencies at rates whic will be quoted on application.

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

OURRENT ACCOUNTS opened in Local Currency and FIXED DE 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 elais recovery of Britian Income Tax overpaid, on.

quoted on application.

SAFE DEPOSIT BOXES of terms which may be ascertained at

EXECUTOR

jany of the Agencies and Branches.

W. H. EVANS THOMAS,

Manager.

IOBE AGENCIES: GLITE STRET: XUALA

LUMPUR

SITIAWAN BOONABATA TAIPING TIENTBEN

TONGIAM

TRINGTAL YOKOHAMA

MANILA

MUDAN

* (Bhuket)

21

Union Pacific

771

54)

United Aircraft

.36

United Airlines Transm

11

12*

United Corpn.

124

United Corpn. 33. cum pt. 203

291

United Gas Improvement 6"

371

US. Rubber

.211

12*

US. Steel

514

101

Vanadium

244

ed on application.

12*

Vultes Aircraft

5*

171

Walworth Co.

4!

133*

Warner Bros. Pict.

31

251

Westinghouse Elec.

88

22

Woodward Iron COE. .................

257*

27급

Chase National Bank ......

287*

13%

National City Bank

251*

24*

Libby. Moneill & Libby

564*

DOW JONES AVERAGE

Apr. 27, 1941.

116:39

22.32

18.11

91.24

63.27

Apr. 25, High Low Close, Change 1168 116,23 11643 .15 off

23.42 28.28 9-.42

.10 up .01 up .13 up .08 up Business Done:-100,000 shares.

18.19 18.05.18.12

91.37 63.35

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

Interest Rates on Application.

HONGKONG SAVINGS

BANK

The Business of the' above Bank

is conducted by the BONGKONG

& SHANGHAI BANKING COB-Authorised: Capital.....$10,000,000.00 PORATION. Rules may be obtain- Paid-Up Capital...

For the Hongrong & ShinGĦAT-

BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong, 8th Feb, 1930.

THE CHASE BANK

15, QUEEN'S ROAD, CENTRAL

HEAD OFFICE:

18, PIN'S STAKİT.

NEW YORK. An American Bank offering com-

...2,963,281.50

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

Board of Director.

HON, SIE SHOUSON CHOW, Chairman Li Koon Chae, Eage Li Lan Sung, Esq. F. E. Kwok, Esq. Wong Chu Son, Esq. Wong Tan Tong, Esq. Fung Ping Wan Esq. Chan Ching Shuk, Esq. KAK TONG PO, Esq., Chief Manager HON. MR. Li Tax Foxo, Manager

Branches and Agencies:

Kowloon Penang Kingsport -Loudon Kangoon - Bourabaya

MA

Kairon Bestow Melbourne Ban Fria. Sydney

o Taka

New York Beattie Vancoter

BANK OF EAST ASIA, LIMITED

5,558,800.00

Reserve and Undivided-

Profits

Bombay Calatia Halphons Hako Honolulu

Lour.

Kar

Paris

Helping

Semarang

Shanghai

SAFE DEPOSIT BOXES

HELL

CHABE NATIONAL