On Shanghai:--
On demand
480
May
On Singapore:-
On demand
On Japan:-
July
89.3/4
October
On demand
10# 1/8
On India:-
March
Telegraphic
Transfer.
Spot.
and demand
-82 6/8
On New York:—
MONDAY, MAY 5, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
High Low
Prov. Today's
Close., Close Change 26 up 11.85 11.65 11.57" *11,83 23.83 29.35 23:30 23,83
59 up 932 91 90 031 3 up
66 88t. 60
601 † up 14.05b 14:11b .06 up ...... 14.12. 14.05
Close Closing 11.54/55 11.81781
PAGE 10-HONGKONG DAILY PRESS.
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS MAY 3. 1941.
On London--
Telegraphic Transfer. 1/2 7/8 Bank Bills, on demand 1/2 7/8 Credits 4 months' sight
NEW YORK COMMODITY (REUTER'S SERVICE)
NEW YORK, May 3, 1941.
New York Cotton, May' New York Rubber, May Chicago Wheat, May Chicago Corn, May New York Hides, June NEW YORK COTTON
MARKET
NEW YORK STOCK EXCHANGE
"QUOTATION
(REUTER'S SERVICE)
MAX 4, 1941.
BANKING CORPORATION
INDIA, AUSTRALIA “AND CHINA
11
Authorised Capital..... 850,000,000
STOCKS'
Laat Sale
STOCKS
11
May 3
Adams Express
Б
Kennecott Copper
Last Sale May 3
321
Issued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, 1858
Reserve Funds: Sterling
$6,500,000 Paid-Up Capital H.K. Currency Reserve $10,000,000 Reserve Fund
Reserve Liability of "Pro Reserve Liability of
prietors Proprietor
„$20,000,000
£3,000,000
£3,000,000
£3,000,008
Change
Alleghany Steel Co. **** Allis Chalmers
201.
Libbey-Owens-Ford Glass 31*
Head Office:-HONG KONG
20*
| Lockheed Airuraft
211
27 up
Amer, Can
Loew's Inc.
291
11.67/57
11.83/83
.26 up
American Cyanamid B.
341
Martin, Glen L
207
Board of Directors: Hon, Mr. J. J. Paterson,
11.66/67
11.88/88
22 up
Amer. & Foreign Power ...
11/18
Montgomery Ward
317
December
January
11.66/66
11.89/89
.23 up
Amer & Foreign $7 pí. ...
161
National Aviation
TI
W. H. Lock, Esq.,
11.63 N
11.87 N
קט 25.
Amer. Locomotive
114
Nat Dairy Producta
Deputy Chairman,
11.63/63 11.78
11.86/88
23 up
Amer. Metals Co.
151*
National Distillers
18
J. K. Bousfeld, Esq.,
12.05
27. up
Amer. Radiatőr, ..................
B1
Nat. Power & Light
&
A. H. Compton, Esq.,
May
July
103
47 3/2
May
July
149 1/2
September
On Sterling Notes:-
Bank Buying Rate
Bar Silver per ol
Now. 23 1/2
CHICAGO CORN
May July
September
Bank Bills, on demand 23 3/4 Credlis, 60 days' sight 24 1/2
On Batavia:-
On demand ..................................... 44. 1/2 ·
On Paris:-
Bank Bills, on demand Nom. Credits 4 months' sight Nom.
On Baigon:-
On demand
Or Manila!-
On demand
On Bangkok:-
On demand.
Total sales. Friday:--603,800- bales,
The last trading day fo: May cotton is May 18. NEW YORK RUBBER
{ Total sales for the day:-1,240 tons. The last trading day for May rubber is May 27. CHICAGO WHEAT
Amer. Rolling Mil
*****131*
National Supply Corp.
5
L. J. Davies, Esq.,
Chairman.
HEAD OFFICE; LONDON: 38, Bishopsgate E.0.9. Sub-Agencies In London; > 117/129, Leadenhall Street, E.C.
West End Branch: 14/18, Cockapar Street, S.W :
Manchester Branch:
| 59, Mosley Street, Manchester, 1
AGENCIES AND BRANCHES:
ALOR STAR
HỒNG TỘNG TRAO
Hon. Mr. B. H. Dodwell,
Amer. 8'ting and Ring Co.
371
New York Central
121
AMRITSAR
ILOIL
BANGOON
G. Miskin, Esq.,
BANGKOK
Amer, Sugar Refining ........
151
Niagara Hudson Power
27
IPON
BALGON
K. S. Morrison, Esq.,
BATAVIA
Amer. Tel. Tel.......
1501
(New contract) September December
')
is)
23.58 N 23.13 N 23.83/83 23.30/30 22.85b/89a 23.21/27 22.55/55
43 off
Amer. Tobacco "B"
673*
N. American Aviation North American Co.
121
BIREMBAN
Hon. Mr. T. E. Pearce,
KARACHI
BOKRAT
SHANGHAI
'123
53 up
Amer, Waterworks
4
Northern Pacific
Hon. Mr. A. L. Shields, Sir Vandeleur M. Graybarn,
KLANG
GALJUTNA
BINGAPORE
.42 up
Anaconda Copper
237
Packard Motors
21
22.95/95.,
04 up
Atchison, T. & §, Fe.
23+
Faramount Pictures
115
Chief Manager. TAILAN PLA
AGENCIES: OLITE TREK
BOS KUALA
BITIAWAN.
SOURADAYA
LUMPUR
TAIPING
Aviation Corp..
22
Pennsylvania RR.
24
Baldwin Lecometive
131*
Phillips Petroleum
401
Baltimore & Ohly
3
¡Pullman · Inc.....................................
24
Amoy
Barnsdall Of
91
Pure" Oll....
91
Bangkok Kobe Saigon
Branches: Johore Rangoon
CANTON CAWNPORN
KUCHING
TIESTEIN
MADRAS
Qka
TONGKAK
MANILA
COLOMBO
DALE!
MEDAN
(Bhuket)
TSINGTAS
Batavia Kowlood
911/911
941/94
គ
21 up
Bendix "Aviation
35
Radio Corpn. of Am,
37
Bombay
Kuala
San
Francisco
90/901
93/931
Bethlehem Steel
69+
Reading Company,
Com
14+*
Calcutta
Lumpur Shanghai
901/901
937/931
Elliss Co.
14*
Remington Arms Co., Inc.
Osnton
London
Singapore
Boeing Airplane Co.
13
Republic Aviation Corp.
34
Cheioo
Lyons
Friday's sales:-8,028,000 bushels.
Borg-Warner
171
Republic Steel
171
Colombo
Malacca
Sungei:
Briggs Mfg.
183
Reynold Tobac. "B"
29%
Dairen
"Manila
681/681 69/89
88/68
69/687
681/881 69/691
58.5
Bridd M'facturing Corp.
Canadian Pacific R'way
34
Schenley Distillers
87
Foochow
Мпаг
ว
Shell Union Oil
13+
Bankow
Celanese
201
Socony-Vacunum. Oll
L9%
Harbin
Chesapeake & Oblo
37
Southern Pacific
111
Cloilo
Paiping
Chrysler Corpn.
572
Southern Rly $5 pid.
241
Ipoh...
June
September
14.05b/10a 14.11b/15a
14.20/23 14.18/16
.06 up
Columbia Gas & Elec.
27
Spicer Manufacturing Co.
28
.04 up
Commercial Credit Co.
251
Standard Brands
5+
Com, & Southern (Ord.)
#
Stand Gas & Elec.
Consolidated Edison
191
Standard Ou of NJ.....
361
Consolidated Oil
Studebaker Com
47
Copperwald Steel
141*
Swift International
184
Curtiss Wright) (G.) ..............
8)
Technicolor
Douglas Aircraft'
60
Texas. Corpn.
271
May
2.45b/480 2,47b/482 2.45b/45a 2.47b/18a July .............
Volume of business done:--266 lots. The last trading day for No: 3 Sugar is May 23. NEW YORK SUGAR NO. 1
..02 up .02 up
Dd Pont de Nemours
139
Trans-America Co.
4+
various sizes to let.
Eagle Picher Lead ......
71
20th Cent. Fox
51
Elec. Autolite
Elec Bond & Share
26++ 2
Union Bag & Paper Corp. 10
TRUSTEE and EXECUTOR business undertaken.
Sourabaya
Patani Swatow Haiphong (Johore) Tientsin
Mukden Tokyo New York Teingtho
Pouang
Yokohama
HAMBURG
NEW YORK
PRIPIXO
HANKOW (Peking)
FORLON EXORANGE and General Barking Business transacted
CURRENT Accour opened and FIXED DEPONITE received for One Year or aborter periods in Local ox Other Currencies at rates whiok will be quoted on application..
SAVINGS, A000Enta siso opened in Local Currency and Sterling with CURRENT ACCOUNTS opened interest allowed at rates 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 terme which will be business, and claims recovery of
quoted on application.
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.
BAIPHONG
YOKOHAMA
Union Pacific
19
Mec, Bend & Share $5 pt. . 543*
United Aircraft
38
Nec, Bond & Share 36 pl.
581*
United Arlines Trans
101
July
.794b/.803
79b/79ja .004 off
Elec, Power & Light $7 pf
331"
United Corpn
11/18
The Last trading day för No. 4 Sugar is May 1. NEW YORK COPPER FUTURES":
July NEW YORK COTTONSEED OIL
July
Mintkate São
121
United Corpn. $3 cum pf.
214
Gen, Electric........
United Gas Improvement
BANK OF EAST ASIA. LIMITED
Gen. Motors
3T1
U.S. Rubber
211
11.45b/50a 11.46b
9.45/46 9.75/77
.01 up
is conducted by the BONGKONG
Gen. 'Rallway Signal
12
US. Steel
52
Gen. Tire & Rubber
201
Vanadium
23+
30 up
Goodrich (BF.)
121
Vultee Aircraft
42*
ed on application.
Goodyear Tire & Co.
17
Walworth Co.
41
Profita
2,883,951.50
9.12b
9.40b
28 up
Great Northern Iron Ore
134
Warner Bros. Pict.
34
BANKING CORPORATION.
..
Great Northern Rly, pfc.
231*
Westinghouse Elec
879
Great Western Bugar
Woodward Iron Cor.
26*
7.015/04a 7.27/27
.26 up
Int Nickel
241
Chase National Bank
ལ་
Inter. Paper, & Power
131
National City Bank
25*
Int. Tel. & Tel
21
Libby. Monelll & Libby.
7
34-3/4 unquoted 4.03-1/4 4.03-1/4
Johnsman
57**
THE CHASE BANK
DOW JONES AVERAGE
1840/41
May 4, 1941
High Low Dow Jones Averages 10 111.94 30 Industriala
May, 2, High. Low Close
Change
HEAD OFFICE:
32,67 22.16' 20
Baile
115.72 28.51
115.76 115.33 116.65
.17:off
28.71 28.51 23.68
.17 off
26.45 17.80 20
Utilitica Bonds
17.80
17.88 17.75 -17.85
91.04
Commodity.Inder: 64.62
.05 off 10 up 85.73 1.11 up Business Done: -200,000 shares
91.74
Bombay
Manila
Caletta
Haiphong
Hankow
Market Report
FROM ROZA BROS.
Saturday, May, 3.
unchanged
NEW YORK HIDES
Total sales for the day:-81 lote.
Silver prices were yesterday, the quotations remain- ing at 23.1/2 for both Ready and Forward, Silver advices reported NEW YORK COCOA
the market as being steady with no business done. American 811- ver was quoted at 34.3/4 for Spot
Cross- The London-New York rate was quoted at 402-1/2. New York-London was oted at 403.- 1/4.
MARKE
Quiet.
STERLING
The market closed with sellers at 1/3 up to June, buyers at 1/3.- 1/32 any delivery.
U, S. DOLLARS Business was done during the course of the morning at 241/3 for near and forward,, The market closed with sellers at 241/16 for near and forward, buyers at 24.1/8 for Cash,
SHANGHAI DOLLARS Opened with sellers at 468 with business reported at 468:1/4 fol- lowed by transactions later at 487.3/4 and 467.1/2. The market closed with sellers at 467, buyers
at 467.3/4 for Cash.
SHANGHAI MARKET Sterling opened with sellers at at closed steadier 3.13/64 and 3.7/32 for Spot. US Dollars opened with sellers at 5.1/8 and closed steadier at 53/16 for Spot
Shanghai Exchange
Shanghai May 3 (Reuter).
Official T.T. Kates
Opening
London
New York
Japan
India
Paris
Hongkong
Spot
May June
Spot May June
Sterling
Hellers
May.
7.65 N Closed The last trading day for May cocoa is May 22. NEW YORK SUGAR NO. 3
NEW YORK LARD
September
NEW YORK BLACK ́PEPPER
July
The First Notice Day for September black pepper is Aug. 26 and fast trading day "Is September 23.
N.Y. Official Silver
N.Y.-London Cross Rate
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, May 2. The following quotations are the riddle prices at the close of the market in London. All quotations, are subject to confirmation and no responsibility is assumed for errors in transmission.-"
0/3-1/8
5.1/8
21-3/4
War Loan. 31% · Red,
after 1852) Defence Loan, 3%
17-1/4.
nominal 20-9/4
<>pening Closing ..0/3-13/84 0/3-13/64 073-13/64 0/3-13/84 0/3-3/18 0/3-13/84 U.8. Dollars-
$5-148- 5-1/8
$5-5/3277 -5-5/32 5-1/8 5-1/8.
"Market: Quiet but steady
Silver Duty Rate
The Central Bank of China's rate on London at 10 am, today was 1/2-1/28
The Equalisation rate was 24-1/4 per cent..
India Rupee Paper --
Bombay, May 3 (Reuter). Govt, 34% Rupee, 94-07-0.
Calcut Exchange
Calcutta, May 3 (Reater). T.T. in Japan, 81-1/3.
SILVER MARKET BOMBAY SILVER: “ Bombay, May 3 (Reuter)
et Stendy. Offfate 50 bars,
Indian Mint Silver":
Ready
May 21 Bettlement June 20-Settlement
63-00
83-07
68-02
103-11/18
1018
anton-Kloon Ely. 5% 9
Chinese 41% Gold Loan
1898 (Brit. Issue)
Chinese 5% Gold Bonds.
· 1925/17:
Chin 47% Anglo-French
Loan, 1908
Chinese 5%-Crisp Loan.
1912. hinese 5% Reorg, Loan,
1913 (Ldn. Is.) Chinese 8% Ster. Notes,
· 1925 (Vickers).
Chin, Imperial Ply 5%
Loan Jonan Rly 5%--- Hukuang Rly: 5%, 1911...
LP. N/Y Issue) Hukaang Bly. 5%, 1911
བྷ ་ སྙ
201
ཚུལ བྱས ྴ
German: Issue) Lang Taing & V. E
**Edy: 6% 1913 S'hal-N'King Rly, 5% Tientsin-Pukow, Rly 6%
(Frit Etpd.) Tientsin-Pukow Ely. 5%
(German 8tpd.) 10 Tientsin-Pukow Rig 5%
(Brit. Btpd. Sup), Loan) 10 Tientsin-Pukow Ruy 5%
(Ger. Stpd. Supl. Loan) 10 Jap by Ster Loan, 1924 20-22 Ger 7% Intl. Loan, 1924 5 Chartered Bank
H.K. Stock Exchange
Saturday, May 3. BUYERS
די
Providents, $4.60. Tram, $16. Entertainment, $6.50. Hotels, $280.
Ropes, $7.
SELLERS
SALES FLA. Govt. 31% Loan, 94.50. Docks, $15...
LONDON METALS
EXCHANGE London, May 2: (Reuter). Tu. Standard. Cash, Middle Price, 270-5/8
Tin, Standards, 3 montha, Middle Price £297
Market steady
of strang East pressure. Both buyers. and sellers absorbing, pending develop- ment in United States, Inventory control, whereby market belleves Washington hopes depress prices towards United States reserve buy-
92.19 83.08 40 64.07 48.74 11
GLIDER MOVEMENT KWANGTUNG RICE
SHORTAGE IN SZECHWAN
CHANGSHA," Maya (Central)- CHUNGKING, May 4 (Central).... The glider movement 18 gathering Following negotiations between the Hunan authorities and General Li momentum in Szechwan,
The people of Buining have Han-ym, Chairman of the Kwang- pledged to raise enough funds fortung Provincial Government, who the purchase of four gliders The recently passed through Hunan on Press circles in Chengtu have his way back to Kwangtung from launched a fund-raising campaign Chungking, Hunan is sending more for the same purpose and the Ste- rice to relieve, the shortage in- chwan Provincial Department of Kwangtung.
Education and the San-Min-Chu-I
Youth Corps in Szechwan "are going
to launch similar campaigns.
A Szechwan branch of the Chi-Association will be formed te- nese Youth Gliders Movement day..
Hongkong, 28th February, 1941.
HONGKONG SAVINGS
BANK
The Business of the above Bank
SHANGHAI BANKING COB-Authorised Capital.....$10,000,000.00 PORATION. Eules may be obtain-Paid-Up Capital 5,598,800,00
.it
For the HONGKONG & SHANGHAI
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb. 1980.
Reserve and Undivided
Head Office-HONG KONG No. 10 Des Voeux Road, Central
Board of Director. HON. SIE SROUSON CHOW, Chairman Li Koon Chun, Esq. Li Lan Sang, Eng. P. E. Kwok. Eng. Wong Chu lon, Esq.
15, QUEEN'S ROAD, CENTRAL Wong I Tong, Esq. Fung Ping Wan
19, PIKE STREST.
NEW YORK. An American Bank offering com-
Chan Ching Shok, Esq.
KAN TONG Fo, Esq., Chief Manager Hos. Ma. Li Ter Fong, Manager
plote Foreign Banking Service Amy in the principal Markets of the Bateria world.
1ntorast Bates on Application.
از
BAFE DEPOSIT BOXES
This Bank is entirely owned by
THE
CHASE NATIONAL BANK, NEW YORK, with Resources of over U.S.$3,800,000,000.
D. L. BALLANTYNE,
Manager,
WANT-ADS Cheap!
ARE.
INDO-CHINA
Kenalsiu
Koop
Branches and Agencies:
Kowloom
Penang, Singapore Landon Hangoon
Saratów Mabbourne - San Fran- Sydney Nagasak
Sew York Setlis
Parix
Popley
Berg Shanyba
Every description of Banking and Exchange business trausacted. Louna granted on approved securities
shorter
Current Accounts spened in Local Currency and Fixed Deposita re- ceived for one year or periods in Local and Foreign Our- rencies on terms which will be
moted on application.
SAFE
ROBIT Boxes To LET
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by
THE NATIONAL GOVERNMENT OF CHINA AS AN
·INTERNATIONAL- EXCHANGE
BANK
ing limit of fifty cente. After STEAM NAVIGATION COMPANY LTD PAID-UP CAPITAL $40,000,000.00
hours--10 toms [prices. :
Pekin Syndicate
unchanged
Operating Services for Cargo and Passengers
TO
BWATOW, BHANGHAI, TSINGTAU, CHEFOO.
and TIENTSIN ».
KOBE and OSAKA ;
SINGAPORE, PENANG and · CALCUTTA:
SANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal in the-French Concession s Shanghai, where passengers and cargo are lauded.
S'hal Elec. Constr. Co. t. 16/- Bhai Waterworks “A” Union Insurance ........... Gula Kalumpong Rubber 15/ Lon Mid & Scot. Rly 137 Great Western Rly
15, 22
34:
National Bank of India 301 B.-A. Tob (bearer) Dunlop Rubber
851-
8-11/16
Bristol Aeroplane.
32/71 9/101
Imperial Chemical Ind. 29/71
United Steel
21/101
Woolworths
47/8
For further particule please apply to "
Mazamian Investments
8/1
Western Holdi
9/9
Bub-Nigel
40/73
BX. & Bhal Bank (an
Regs 104. HR Shai Bank (Col
comerie Eng & Mining
(bearer) Chosen Cor
Mercantile
tibell Tran
RDINE
TELEPHONE OXID
EXON:
AGER
(BRANCHES ALL OVER „China) Owing to one numerous Branches in China and connections in the principal Commercial Centres of the World, we are able to extend to our Clients special facilities for Domestio and Foreign Banking and Exchange.
Head Office:SHANGHAI
Hong Kong Branch; ~ 04, QUEEN'S ROAD, C. South China Offices),
KONGMOON TOISHAN
CANTON
SWATOW
SHIUCHOW-- KINGOHOW
We also handle the issue of Bonds and other Public Funds of the Chine Government both at Home and Abroad.
BHOI J. CHEN,"
Manager.
No comments yet.
Private notes are available after approval.