1941-05-02 — Page 10

STOCKS

Adama Express

13.91 13.85 13.82 13.90

Alleghany Steal Co.

Close

Closing

Allis Chalmers

Amer. Can

-11.27/27

11,47/47-

.20 up

American Cyanamid B....

11.33/34

11.50/50

17 up

Amer. & Foreign Power

11.34/36

11.51/52

.17 up

Ame: & Foreign $7 pt.

11.36/36

11.62/52

16

Amer, Locomotive

11.31 N

11.48 N

Amet Metals Co.

11.30/38 11.47

11.53/52 11.71

.16 up

Amer, Radiator

Amer. Rolling Mill

Amer. S'ung and Bing Co.

Amer. Sugar Redning

Amer. Tel,

TEL

On demand

On Paris:

44.3/1

Amer. Tobacco

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS MAY 1, 1941.

On London:-

Telegraphic Transfer. 1/9 7/8 Bank Bills, on demand 1/2 7/4 "Credits 4 months' sight

On Shanghai:---

NEW YORK COMMODITY MARKET (REUTER'S SERVICE)

NEW YORK, Apr. 30, 1941.

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

NEW YORK COTTON

On demand

On Singapore:-

On demand

59 3/4

· On Japan:—

May July

On demand

......... 102 1/2

On India-

January

Prev. Today's

High Low -Close Close Change

11.49 11.31 11,27 11.47 .02 up 23.70 23.50 23.50 23.65% .15 up

92 903 911 01

of 682 69 88881

.08 up Change.

Telegraphic Transfer. 192 6/8

and idemand ".......................

On New York:-

Bank Bills, on demand 23 7/8 Credits, 80 days' sight 24 5,9

On Batavia:--

October December

March

Total sales Tuesday:-135,700 bales, The last trading day for May cotton 16 May 16. NEW YORK RUBBER

Spot

NEW YORK STOCK EXCHANGE

QUOTATION (REUTER'S SERVICE)

MAX 1, 1941.

STOCKS

FRIDAY,

MAY 2, 1941.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

INDIA, AUSTRALIA

AND CHINA

Issued & Fully Paid-Up #90,000,000 Incorporated by Royal Charter, 1865

Head Office:---HONG KONG®

£3,000, 004 £3,000,000

£3,000,00% HRAD OFFICE: LONDON: 38, Bishopsgata E.Q.1. Sub-Agedeled In London: 117/122, Lesdenball Street, E.C.# West End Branch:

11

14/16, Cockspur Stivet, S.W 1

Manchester Branch: " 12, Mosley Street, Manchester, 1.

AGENCIES AND BRANCHES›

HONG KONG PINANG ILDILA

ALOX STAR

AMBITSAR

BANGIOI

BATAVIA

ZFOB.

SAIGON

KARACHI

SEREMBAN

KLANG

Authorised Capital..

JUGD, 1000, 800

Reserve Funds:

Sterling

Last Sale;

Apr. 30

51

201

Kennecott Copper Libbey-Owens-Ford

Last Sale Apr. 30

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

Proprietors..

• Reserve Liability of Pro- $90,000,000) || prietors

311

Glas 313.

251

Lockheed Alfcraft Loew's Inc.

21

80

30+

351

Martin, Glen L

282

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

| Montgomery. Ward-

31

Chairman.

153*

National Aviation

7+

W. H. Lock, Esq.,

12

Nat, Dairy Products

127

Deputy Chairman.

18

National Distillera

174

J: K. Boasteld, Esq.,

61

Nat, Power & Light

Bj

H. Compton, Esq.,

131

National Supply Corp.

41

L. J. Davies, Esq.,

37

New York Central

114

Ho, Mr. S. H. Dodwell,

15

Niagara Hudson Power

21

G. Hiskia, Esq.,

150

N. American Aviation

127

K. 8. Morrison, Esq.,

674

North American Co.

Hon. Mr. T. E. Pearce,

123

BOMBAY

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

On Saigon:

On demand

On Manila!--

On demand............

On Bangkok:-

On Sterling Notes:

Market Report

FROM ROZA BROS.

Thursday, May 1,

Silver prices were unchanged

yesterday, the quotations remain-

ing at 23.1/2 for both Ready and NEW YORK HUDES

Forward.

Silver advices reported

the market as being steady" with

no business" done. American Silver).

was quoted at 34.3/4 for Spot

The London/New York cross-NEW YORK COCOA

rate was quoted at 402.1/2. New

May

July (New contract)

September (

December

.......... 103 1/8

"

47 3/4"

On demand

149 1/2 CHICAGO WHEAT

May

Bank Buying Rate

Bar Silver per os.”

Now. 93 1/2

July

September

CHICAGO CORN

May

July

September

23.50/51 23.65 N

קטן. 15.

Amier, Waterworks

Northern Pacifie

6t

22.99/23.02 23.15/16

16 up

Anaconda Copper

231

Packard Motors

21

Hod. Mr. A. L Shield, Sir Vandeleur M. Grayburn,

DALOUTTA

нол

AGANCIKA:

22.50/50

22.65/65

.15 up

Atchison, T. à 8. Fe.

281

Paramount Pictures

11

Chive Sixar: KUALA

Chief Manager. FAIRLIN PLACE

SHANGHA

BINUXPORT

SITIAWAN

BOURABAYA

וי

22.15/18

22.30/30

.15. Up

Aviation Corp.

24

Pennsylvania R.R

Total sales for the day:-620 tons.

The last trading day for May rubber is May 27.

Baldwin Lecometive

131

Phillips Petroleum

39

Baltimore & Ohio ...

31

Pullman The...........

237

Amoy

Barnsdall On

81

Pure Oll

Branches: Johére Rangoon Bangkok Kobe Baigon

CANTON CAWAPORI

LUMPUR KOODING

TAIPING

TINTAIN

MADRAN

ст

ΤΟΝΟ ΚΑΙ

ODLOMBO

MANILA

DELAI

Bendix Aviation

344

Radio Corph, of Am......

Batavia Kowloon Sar

34

Bethlehem Steel

70

Reading Company,

Cdm

141*

Bombay

Kuala

Francino

HAIPHONG

911/914

911/91

4 off

Bliss Co.

141

Remington Arms Co., Inc.

Calcuri.""

Lumpur Shanghai,

891/894

891/891

1 of

Canton

London

Singapore

891/894 89/891

off

Boeing Airplane Co.

131

Republic Aviation, Corp.

34

Chefoo

Borg-Warner

17

Republic Steel

Lybas Sourabaya

17

Colombo

Malacca

Sunge!

Tuesday's sales:-13,303,000 bushels."

Briggs Mfg."

18+

Reynold Tobac, “B”.

30

Dairen

Mahila

Budd M'facturing Corp.

31

Schenley Distillers

S

Fochow

Mune

Patani Swatow

Canadian Paclit R'way

34

Shell Union on

-122

681a

881/681

1 off

Delanese

204

Socony-Vacunum of

9

Backow

Mukden Tokyo

683/631

687/681

וי

Chesapeake & Ohlo

371

Southern Pacifé

· 11 ·

Harbin

New York Tsingtao

69/69

681/681

Iloilo

Peiping

Chrysler Corpo.

57.

Bouthern Rly $5 bra.

Columbia Gas & Elèc.

21

spleet Manufacturing Co. 28

Ipob

Penang

Commercial Credit Co.

251

Standard Brands ....

51

June

13.82/85

13.90/90

.08 up

Com, & Southern (Ord.)

7/16

Stand Gas & Elec.

9/18

September

13.92b/958 13.97/09

.05 up

Consolidated Edison

191

Standard Ofl of NJ.

344

Total sales for the day:-34" 16ts..

Consolidated Oil

51

Studebaker Corn,

5

Copperweld Steel

14**

Swift International

18

Curtis Wright (C.)

8+

Technicalor

8

May

York London was quoted at 403.) .1/4

MARKET

7.20 N 7,24/24 The last trading day for May cocog is. May 22.

NEW YORK SUGAR NO. 3

||

.04 up

Douglas Aircraft

68

Texas Corpn.

373

Du Pont de Nemours

"1384

| Trans-America Co.

41

Eagle Picher Lead

73

20th Cent. Fox

54

Elec. Autolite

261

Union Bag & Paper Corp.

101

Quiet-

STERLING

May July

2.42b/43a 2.42b/43a 2.42b/44a 2.43b/448

unch.

01 up

Elec. Bond & Share

2

Union Pacific

783

Elec. Bend & Share $5 pf.

55

United Aircraft

371

Elec, Bond & Share $6 pl. - 594 Elec. Power de Light 17 pf.

!

Flatkote

4

NEW YORK SUGAR NO. 4

May July

Gen. Electric

Gen. Motors

.70jb/.77a .791b/80a

.77b/.78a" 80b/.80+a

.001 up 2001 up.

Gen Railway Signal Gen. Tire & Rubber

Goodrich (BF)****

Goodyear Tire & Co.

Great Northern Iron Ore

Great Northern Rly, pfd,

July

11.47b/500 11.41b/48a .06 off

Great Westem Sugar Bo Int Nickel

9.15b/19a 9.17/2002 up

Inter. Paper & Puwer

Int. Tel. & Tel "Johnaman

8.97/97

8.95b

.02 off

1840/41

6.66b/70a 8.65b/66a -.01 off

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

U. S. DOLLARS Business was done during the the morning, at early part of 24.1/4 for near delivery. The mar- with small ket closed at d p.m. aellers at 24.1/4, buyers at 24.5/18:

for Cash.

SHANGHAI DOLLARS Opened with sellers at 470 with business done at 470.1/4 followed by transactions at 489.3/4, 489.1/2 and 468. The market closed at 1 pm, with sellers at 488, buyers probably at 468.1/4

SHANGHAI MARKET Sterling opened with sellers at 3.3/18 and then receded to 3.11/64.

Volume of business done:-78 'lots. The last trading day for No. 3 Sugar is May 23.

Volume of business done:-123 lots. The Last trading day for No. 4 Sugar is May 1. NEW YORK COPPER FUTURES

NEW YORK COTTONSEED OIL

July

NEW YORK LARD

September

NEW YORK BLACK PEPPER

July

The First Notice Day for September black pepper is Aug. 26 and

At the close sellers were report- last trading day is September 23.

ed again at 3.3/18 for Spot. U.S.

Dollars, the market opened at

5.5/32 and then dropped to 5.1/8.

At the close there

were sellers

again at 5.5/32 for Spot

AFTERNOON MARKET

Quiet.

STERLING

The market closed with sellers

at 1/3 up to June, buyers at 1/3.

1732 for any delivery.

U. S. DOLLARS

N.Y. Official Silver

N.Y.-London Cross Rate

LONDON STOCK

EXCHANGE

(REUTER'Ş SERVICE)

London, Apr. 30.

The following quotations are the

34-3/4 34-3/4 4.03-1/4

4.03-1/4

LONDON METALS

Ti

EXCHANGE

London, Apr. 30 (Reuter).

Standard, Cash, Middie. Price: £268-3/8.

Tin, Standard, 3 months, Middle

Bönie business was done at 24.1/4 middle prices at the close of the Price. £268-7/8.

for near and forward. The market market in London. All quotations Market steady on broad demand closed with sellers at 24.3/18, buy-are subject to confirmation and noun better tone in the East, and ers at 24.1/4 for Cash.

responsibility is assumed for errors America and on the latest war de-

SHANGHAI DOLLARS Business was done at 483 and 467.3/4. The market closed with probable sellers at 488, buyers at 468.1/4.

SHANGHAI MARKET Sterling closed with sellers at 3.3/16 and US Dollars at 5.5/32 for Spot.

Shanghai Exchange:

Shanghai, May 1 (Reuter).

Official T.T. Estes

London

New York

Japan

India

Parlame

Hongkong .n

Sterling

Spot

May

June

Spot

May

Opening

Rollers

Opening Closing 0/3-3/16 0/3-3/18 6/3-3/16

U.S. Dollars

$5-5/32"

0/3-3/18

0/8-11/64

£

in transmission.

velopments and rumours that Straits war risk insurance to the War Loan, 31% (Red

United States may be advanced. after 1962)

103-7/16 But Miilstry sales at unchanged Defence Loan. 3%

limit restrained the cash position. 1018 Canton-Kloon Rly, 5% 10

After hours-market idle-5 tons at unchanged prices, Chinese 41% Gold Lan

1898 (Brit. Issue)

Chinese 5% Gold Bonda,

3925/41

Chin. 41% Anglo-French

Loan, 1908

38

·ཆ ཆུ བྷཱུ སྤུ གླ བྷཱུ

LONDON GOLD

London, Apr. 30 (Reuter).

Bar Gold, Fine per oz., 168/-

BK, & 8 hat Bank (Col.

Ros)

Gula Kalumpong Rubber 15/- Lon, Mid, & Scot., Bly. 12

High Low Dow Jones Averages 152.80 111.84 30 32.67 -22.16 20

28.46 18.03 20 92.19 83.06 40 64.6 48.74 11

Industrials

Rails Utilities

Bonds

SILVER MARKET (RESERVE BANK OF

LONDON SILVER

INDIA STATEMENT

Calcutta, Apr 30 (Reuter).

Apr. 18 Apr. 25

London, Apr. 30 (Reuter). Silver-Very little trade and speculative demand, satised byNotes in circulation production sources. Market steady. In the afternoon, the market was idle but steady, with no business;

Spot, 23-1/2a.

Forward, 23-1/24.

BOMBAY SILVER Bombay, Apr. 30 (Reuter). Market-Quietly steady.

3,537 3,600

(including Notes held in the Bank- ing Department)... 27,991 28,059 Rupee Coin Bullion

in India

Gold Coin and Bul-

lion in India

Securities

Government)

Offtake

250 bars.

Indian Mint Sliver

Ready

62.12 62-12

Securities

62-14

May 21 Settlement

June 20 Settlement

(Indian

(British

Government)

4,441 4,441

5

0,132 9.132

10,879 10,879

(Figures in Lakhs Rupees)

SAFE DEPOSIT BOXES

This Bank is entirely owned by Exchange business transacted Loans Every description of Banking and Твое CHASE NATIONAL BANK, granted on approved securities.

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

D. L. BALLANTYNE,

Current Accounts opened in Local Currency and Fixed Deposita re- ceived for one your or, shorter Manager, periode in Local and Foreign Cut rencies on terms which will he quoted on application.

WANT-ADS ARE SURE!

INDO-CHINA

SATE DEPOSIT Born To Let.

KAN TONG PO,

Chief Manager.

BANK OF CHINA

Specially Chartered by

THE NATIONAL GOVERNMENT

OF CHINA AS AN INTERNATIONAL EXCHANGE-

BANK

STEAM NAVIGATION COMPANY LTD, PAID-UP CAPITAL 840,000,000.00

Operating Bervices for Cargo and Passengers

SWATOW, SHANGHAL, TSINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

SINGAPORE, PENANG and CALCUTTA

SANDAKAN

40

0/3-1/8

Chinese 5% Crisp Loan.

1912. Chinese 5% Reorg. Loan,

1913 (Lda. Is)

22

281

78

5.1/8

Chinese 8% Ster. Notes,

Chinese Eng. & Minme

-21-3/4

1925 (Vickera)

8-10

(bearer) ............ 14/

17-1/4

nominal

Chin. Imperial Riy. 5%

Lorn

Chosen Corporation

48

Mercantile Bank of In-

20-9/4

Monan Hly, 5%

10

dia, £5, "G" ...

111

TOmi

Hukuang Aly. 5%, 191k...

Pekin Byndicate

1/-

(LP. N/Y Issue)

13

S'hat Elec. Constr. Co... 18/-

Bukuanz Rly, 5%. · 1911

6'hai Waterworks “A”

15

eve

Union Insurance

22

Lung Tring & U. Hal

104

14

Great Western Rly.

32

National Bank of India 304

11

BFA, Tob (bearer)

83/9

Dunlop Rubber

32/3

Bristol Aeroplane

9/10/

Imperial--Chemica)--Ind. --29/4)-

United Steel

21/71

Woolworths

47/6

181-201

* B+

Marimán Investments ́... Western Holdings .............. 9/9 Sub-Nigel

6/3

142/6

HH. & Shai Bank (Lán.

40/71

Reg.)

$5-5/32

5-5/32

: 6-5/32

5-1/8

༥ ཻརྗེ སྦ ;

Jimme

Market: Qulet.

India Ropes Paper

Bombay, Apr. 30 (Reuter)." Govt. 34% Rupee, 94-01-0.

Calcat Exchange

Calcutta, Apr. 30 (Reuter). T.T. on Japan, 81-1/2

(German Issue>

Rly. 5% 1918

11

S'hai-N'King Bly, 6%... Tientsin-Pakow Rly. 5%

(Brit. Btpd.) Tientsin-Pukow Rly. 5% (German Stpd.)......... Tientsin-Pukow-Bly. 6%

(Brit. Stpd. Spl. Loan) 11 Tientsin-Pakow Rly. 3%

(Ger. Stpd. Bupl. Loan) li Jap. 6% Steř. Loan, 1924 Ger, 7% Intl Lóan, 1924 Chartered Bank

Shell Tranz. & Tran

(bearer)...

bid

HAIPHONG

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

For further particulars

please apply to...

*(BRAŃons 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 oil? Olledte special facilitias for Domotic and Foreign Banking näd Exchange.

Head Office:"SHANGĦAT-

Hong Kong Branch:

4, QUEEN'S ROAD, 0. South China Ofices.

CANTON

SWATOW

SHIUCHOW

KONGMOON TOISHAN KINGCHOW

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

BHOU J. CHEN,

Manager.

JARDINE MATHESON&Co Land Abroad

TELEPHONE SOJII GENERAL MA SER

United Airlines Trans

101

34ł

United Corpn.

12

United. Corph. $3 cum pf,

211

291

United Gas Improvement

7

37%

U.S. Rubber

201

12

U.S. Steel

51

is conducted by the HONGKONG

101

Vanadium

241*

121

Vultee Aircraft

4+

17

"Walworth Co.

ed on application.

14

Warner Bros. Pict

37

254

Westinghouse Elec.

28

221

Woodward Iron Cor.

26*

28

Chase National Bank

28**

13

National City Bank

251*

2

Libby. Moneill & Libby

58

DOW JONES AVERAGE

May 1, 1941.

Apr. 29, High Low Close

Change

118,73

28.78

16.15

118.78 118.30 115.54 28.70 28.37: 28.40 18.14 17.87 17.00

1.19 off

91.65

Commodity Index

.38 off .25 off 91.36

*99 off 63.88.

64.02.14 up Business, Done:-410,000 shares

18, PIN STREET,

NEW YORK. An American Bank offering com- plebe Foreign Banking Service in the principal Markets of the world.

Interest Rates on Application,

Haiphong (Johore) Tientsin

Yokohama

(Peking)

FOREIGN EXCHANGE and General Banking Business transacted.

CURRENT ACCOUNT opened and Fixed · DEPOSITs reosived for Oni Year or shorter periods in Loori or Other Qurraucies at rates which will be quoted on application.

SAVINGS ACCOUNTS Also opened Local Currency and Sterling with CURRENT ACCOUNTS oposed | interest allowed at raten 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 of various sizes to let.

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

HONGKONG SAVINGS

BANK

The Business of the above. Bank

British Income Tax overpaid, on terms which may be ascerta ned" at any of the Agencies and Branches.

W. H. EVANS THOMAS,

Manager.

BANK OF EAST ASIA, LIMITED

& SHANGHAL BANKING COR-Authorised Capital...$10,000,000.00 PORATION. Rules may be obtain-Paid-Up Capital

For the HONGKONG & SHANGHAI

BANKING CORPORATION.

F. M. GRAYBURN,

Chief Manager. Hong Kong, 951b Fab., 1990.

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 Übas, Bad, Li Lan Sang, Eag P. E. Kwok. Eaq..

Wong Chu Son, Bay. Wong Tun Tong, Esq. Fang Pirs Wah Eng. Chan Ching Shok, Esq.

KAN TONG PO, Esq., Chief Managèr HON. ME. LI TEE Foxo, Manager

Branches and Agencies:

Kowloos Perang Yingapore Landon

Bangoon

Saron Endow

Kalkburna' San Fran. Sydney Nas

deco Title

New York seattle Vancouze

SenderKK

HAMBURG KANKOW

MEDAN... NEW YORK PIPING

(Bhuket) TSINGTAG

YOKOHAMA

5,598,600,00

Reserve and Undivided

Profits

2,883,261.50

ینت

Bala

Amoy

Bombay

عاملة

Calcutta

Halphons

BaBow

Honolulu

Pariz

v. Pelping

Shangha