1941-05-10 — Page 10

Daily Press 孖剌西報 All

12/10/11

Prev. Today's High Low Close Close

12.21 11,96 12,07 12.10 .03 up 23.80 23,58 23.68 23.766 08 up

951

941 961 941 11 off TOT '691 701 70#b off 14.40 14.27. 14.35b 14.35b unch.

Close Closing ∙12.10/10. 12.09 N

12.07/07

Change

Adams Express

Alleghany Steel (a.

Change

Allis Chalmers ',,

.01 off

Amer. Can

.03 up

American Cyanamid B.

12.18/20

13,27/27

.09 up

Amer. & Foreign Power

12,25/26

12.33/33

.08 up

Amer & Foreign #7 pt.

12.25/26

12,32 N

,07 up

Amer: Locomotive

12.26/25

12.34/34

.08 up

Amer. Metals Co.

12.34

12.33

101.off

Amer. Radiator ......

Amer. Rolling M

Amer. Sting and Ring Co.

Amer. Sugar Refining

Amer. Tel. Tel

May

Bank Bills, on demand Nam.

July (New contract) September (

}

20

Credits 4 months' sight Nom.

December {

}'

On Saigon:-

On demand

104

On Manila:-

On demand

48

›CHICAGO. WHEAT

On Bangkok :----

July...

On demand .....

149 1/2

September

Bank Buying Rate

Now.

23 1/2

CHICAGO CORN

July

September

23.88/63

23,30/30

22,906

23.78b/85a .68 up 23.35b 22.95b/23.00

Amer, Tobacco “B”

22,60m

22.60 N

,05 'up .05 up unch,

Amer. Waterworks

Anaconda Copper

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

MAY 9, 1941.

On London:--

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

On Shanghal;----

On demand

On Singapore

On demand

On Japan:-

On India

NEW YORK COMMODITY MARKET ¿REUTER'S SERVICE)

NEW YORK, May 8, 1941.

New York Cotton, July New York Rubber, July Chicago wheat, July Chicago Com. July New York Hides, June

NEW YORK COTTON

480

May

July

52 3/1

October

-99 6/A

Spot

On demand........ 163 172

Telegraphic Transfer."

and demand

On New York:-

Bank Bills, on demand 34 Credlis, 60 days' sight 24 3/4

On Batavia :---

On demand. 4

On Paris:--

December

January March

Total sales Wednesday:-229,800 bales. The last trading day for May cotton is May 18.

NEW YORK RUBBER

NEW YORK STOCK EXCHANGE

STOCKS

QUOTATION

(RECTER'S SERVICE)

MAY 9, 1841.

Last Sale

STOCKS

SATURDAY, MAY 10. "1941.

BANKS

UONGKONG & SILANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised "Capital....... 850,000,000

INDIA, AUSTRÁLIA ·

AND CHINA

Issued & Fully Paid-Up 320,000,000 Incorporated by Royal Charter, 1868

Reserve Funds: Sterling

£3,000,000 .........£3,000,00

£6,500,000 Paid-up Capital H.E. Currency Reserve $10,000,000 Reserve Fand Reservo Liability of

Reserve Liability of Pro- Proprietors

prietors ..$20,000,000 |

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

38, Bishopsgate E.0.9. Sub-Agencies In. Loudoa: 117/122, Leadenhall Street, E.C.

West End Branch: 14/18, Cockspur Street, S.WI Manchester Branch 52, Mosley Street, Manchester,

Chairman.

Deputy Chairman.

AGENCIES AND BRANCHES

ALOK STAR AMRITBAN

BANGKOK

Hoa. Mr. T. E. Pearce,

MTAVIL

BOMBAY

HONG KONG PENANG ILVILA

KANGOO

IPOK

KARACHI

May 8

Last Sale

May 8

5+

Kennecott Copper

332

211

Libbey-Oweus-Ford

Glass 31$

261

Lockheed Aircraft

221

79

Loew's Inc. .......

29

35+

Martin, Glen L.....

281

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

Montgomery Ward

32巷

18

National Aviation

71"

W. H. Lock, Esq.,

121

Kat. Dairy Products

123

161

National Distillers

18

J. E. Bousfield, Esq.,

01

Nat, Power & Light

A. H. Compton, "Esq.,

14

National Supply Corp.

8

L J. Davies, Esq.,

377

New York Central

Hon. Mr. S. H. Dodwell,

131

18

Niagara Hudson Power

G.. Miskia, Esq.,

24

1491

N. American Aviation

K. S. Morrison, Esq.,

HALOON

12%

BSEIMBAR

661

North American Co.

12

SHANGHAI

Northern Pacific

71

341

Packard Motors

27

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

KLANG

CALOUTTA

BINGAPURD

кова

AGENCIES:

SITIAWAN

Atchison, T. & 8. Fe.

299

Paramount Pictures

Chief Manager. FAIRLIK PLACE

OLIVE TREKT KUALA

HOURARATA

LUMPUR

Total sales for the day:-280 tons.

The last trading day for May rubber is May 27.

Aviation Corp..

21

Pennsylvania RR

25

Baldwin Lecometive

137

Phillips Petroleum

Branches:

CANTOR CAWNFORE

TAIPING

TCHING

TIENTSIN

414

BANTAR

Baltimore & Ohio

94

Pullman Ine..................

241

Amoy

Barnsdall QUI

94

Pure Of

91

Bangkok Kobe

Johore Rangoon

Saigon

TONGKAN

COLOMBO

MANILA

(Bhukes)

961/961

962/967

947/95

It off

Bendix Aviation

3447

Radio Corpn. of Am.

Batavia

33

Kowinn San

DELKI

MRDAN

TRINGTAS

954/950

14 off

Bethlehem Steel

693t

Reading Company.

Com

151

Bombay

Kuala

Francisco

Calcuti

11

May July

July

On Sterling Notes:-

Bar Silver per os...

Market Report

FROM ROZA BROS. "

Friday, May 9,

Sliver prices were unchanged yesterday, the quotations remain-

NEW YORK HIDES

Total sales for the day:-84 lots.

September

ing at 23.1/2 for both Ready and NEW YORK COCOA Forward. Sliver advices reported i the market as being steady with no business done. 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 403. 1/4.

¡Quiet"

MARKKI

STERLING

7.89/87 7.90/88 The last trading day for May cocon is Mar 22. NEW YORK SUGAR NO. 3

Volume of business' done:----184 lots. The last trading day for No. 3. Sugar is May 23..

NEW YORK SUGAR NO. 4

Bliss Co.

141*

Remington Arms Co., Inc.

Lumpur Shanghai

41*

Wednesday's sales:-21,231,000 bushels.

Canton.

London

Boeing Airplane, Co.

137

Republic Aviation Corp.

Singapore

.34

Chetco

Lyons

Borg-Warner

161

Republic Steel

174

Colombu

Malacca

Sungei

704/70) - TOJU

off

Briggs Mfg.....

191

Reynold Tobac. "B"

201

Dairen

Manila

702/201 701/701

ou

Budd M'facturing Corp.

32

Schenley Distillers

82

Foochow

Muar

Patani Swatow

Canadian Pacific R’way

32

Shell Union Oil

137

Celanese

21

Socony-Vacunum Qu

June

September

14.35b/42a 14.35b/40a 14.47/50 14.50/50

unch.

Chesapeake & Ohlo

364

Southern Pacino

.03 up

Chrysler Corpn.

567

Souther Rly, $5 pfd.

Rankow Harbin Iloilo

Mukden

Tokyo

Columbia Gas

Mec.

27

Ipob

Spicer Manufacturing Co.

Commercial Credit Co.

241

Standard Brands

Com, & Southern (Ord.)

Stand Gas & Elec.

101 up

Consolidated Edison...

181+

Standard Oil of N.J.

Consolidated Oil

51

Studebaker Com

Copperweld Steel

Swift International

18

Curtles Wright (C.)

B*

Technicolor

8

quoted on application.

2.48b/49a 2.49b/50a. 2.52b/53 a 2.52b54a.

.01 up unch.

Douglas Aircraft

074

Texas Corpn.

391

SAFE

Du Pont de Nemours

141

Trans-America Co.

4

various sizes to let...

Sourabaya

Haiphong (Johore) Tientsin

New York Tsingtao Peiping Yokobams

Penang

XIW YORK PEÍPING

(Peking)

FOREIGN EXCHANGE and General Banking Business transacted.

CBRENNT Accounts. opened and FIED DEPOSIT reenived for One Year or shorter periods in Local on Other Currencies at rates which will be quoted on application.

SAVINGS ACCOUNTS also opened is Local Currency and Sterling with QURBENT ACCOUNTS opened interest allowed straten obtainablə in Local Currency and FIXED DE- cu application. POSITS received, for one year or The Bank's Head Office in London · shorter periods in Local and Other fundertakes Executor and Trustee Currencies on terms which will be business, and claims recovery of

British Income Tax overpaid, on DEPOSIT BOXES of terms which may be ascertained at

any of the Agencies and Branches

HAIPHONG HAMBURG HANKOT

YOKOHAMA

Eagle Ficher Lead

#1

20th Cent. Foo

5+

TRUSTEE and EXECUTOR

Elec. Autolite

271

Union Bag & Paper Corp. 101

business undertaken.

Elee Bond & Share

Elec. Bend & Share 55 pl.

There were sellers at 1/3 up to July, buyers at 1/31/32 for any NEW YORK COPPER FUTURES delivery.

July U. S. DOLLARS

..79b/80% 81b/.81}a Volume of business done:-103 lots:

.011 up

Bec, Bond & Share .pf.

Mec. Power & Light $7 pf.

Flatkote

"Gen.' Electric ..

11.55b/B5a 11.55b/85a.

unch.

Gen Motors.

were sellers throughout the morn-

No business was reported. There NEW, YORK COTTONSEED OIL

July

September

9.662

10.22/22 10.10/10

9.52b.

Gen. Railway Signal

.12 off

Gen. Tire & Rubber ........ ......... Goodrich (B.F.)

Goodyear Tire & Ch.

.14 off

Great Northern Iron Ore

Great Northern Rly, pfd.

September

7.48/48

7.35b/370

13. off

Great Western Sugar

It Nickel ...............

Inter. Paper & Power

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

Int: Tel & Tel. Johnaman

and 456 were accepted. The market

at 155.1/2. buyers at 458.1/4.

1

SHANGHAI MARKET

1940/41

ing at 24.3/4 for near and forward, NEW YORK LARD' buyers at 24.7/16 for Cash,

SHANGHAI DOLLARS

Opened with sellers at 460.1/4 NEW YORK BLACK PEPPER with business done at 450.1/3. Subsequently business was done at...

The First Notice. Day for September black pepper is Aug. 26 and 461.1/4 and 461.1/2. The market last trading day is September 23. then reacted and offers at 461, 480.- 1/2, 460, 459,1/2, 458.1/2, 458, 457

closed at lunch time with sellers

Sterling opened with, sellers at}

NY. Official Silver N.Y.-London Crese Rate

LONDON STOCK EXCHANGE

3:1/4 and then receded to 3.15/64. LONDON, May 9 (Reuter) -

Later 3.1/4. 3.17/64 and

dividened anticipation,

4.03-1/4.

War Of Prisoners Continued from Page 9 Perhaps the conditions in these

the market med up to in the Stock Exchange yesterday, conquered countries threw the

closed

Arm with the recent

Lendency was value of the purely military Ger- sellers at 3.9/32 for Spot. U. 8. maintained, especially Industrials man war machine out of all pro- Dollars opened with sellers at 5.1/4 where Dunlops, 33s. 94. against 33s. portion.

and

That claim, however, could not and then armed up to 5.9/32, 5.5/18 on and closed with sellers at 5.11/32 Electrical equipments featured. be advanced in extenuation of the for Spot. Steady.

Gilt-edged recorded small gains Italian defeat in the Western but closed below the best, Debeers Desert. There has been no mich improved on increased profits andjsinister preparation of the grounİ here for the British tanks and Tin shares also hardened.

AFTERNOON MARKET

Quiet.

STERLING Closed with sellers at 1/3 up to July, buyers at 1/3.1/92 for Cash.

U. S. DOLLARS

A small busines was, reported at, 24.1/16 for forward delivery. The market closed with sellers at 24.3/8, buyers at 24.7/18 for any delivery. SHANGHAI DOLLARS Opened in the afternoon with sellers at 455.1/2 but subsequently. business was done at 456 followed

Among foreign bonds, Egyptians aeroplanes. responsed to improved mquiry. Oils were qulet and Kaars mostly firm.

Wall Street was quiet.

LONDON METALS

EXCHANGE London, May 8 (Reuter).

Standard Cash, Middle

It has been asserted that some of the Italians have no stomach for this night, but accounts 'ac- claim the gallantry of most of the Italian and native regiments there,

Bir Archibald Wavell's stroke re- presents mechanized warfare in its purest and most brillant light. It is the first purely military achievement in this form of war Tin, Standard. 3 months, Middle against an enemy, not merely of

Tii.

by transactions at 458.1/4, 458.3/4 Price, 270-3/4... 457 and 467.1/4. The market closed

with sellers at 458.34. buyers at Price, £267-3/8. 43.

BHANGHAI MARKET Steady. Cloeed with sellers of; Sterling at 3.9/32 for Spot and

U. B. Dollars at`5.11/32 for Spot.

Shanghai Exchange

Shanghai, May 9 (Reuter).

Official T.T. Nátes

Opening

Loddon

New York

Japan

India

Paris Hongkong

Spot

May

June .....

Sterdag

Reilera

0/8-1/8

5-1/8

-21-3/4

17-1/4

nominal

20-3/4"

pening Closing 9/2-1/4 0/3-0/32

0/3-1/4" 0/3-1/4

0.8. - Dollaro Прот $5-9/32 May 5-9/32

".

0/3-9/32 0/3-9/32

"i

$5-11/32

5-11/32..

June 5-9/32 5-11/32 Market: Steady.

Bliver Duty Baté

The Central Bank of Chita's

Market, steady. - Ministry's cash price £272.

SILVER MARKET

LONDON SILVER

High Low Dow Jones Averages 16220 111.84 30 Industrials

39.87 22.16 20 28.45 17.51 20 92.19 83.06 40 67.16 48.74 11

Raila : Utilities

Bonds Commodity Index

· May. 7, High Low Close Change 118.87 116.76 116.87 116.34 .53 of 29.17 28.83 28.09

1.08 of 17.52 17.30 37.43 .08 of 01.98 .06 up 67.05 .11 off Business Done: 440,000 shares

29.08

17.51

91.00. 67.18

With "Are-power"

the goes armouring of the soldier and his

equal strength; but of much greater numbers.

And here 80,000 Italian prisoners vehicles. Armouring on both sides can thank British "Are power" for tends to reduce the number killed their lives. Perhaps many more and wounded. Itallars will be blessing it (also as Camouflage, in a way another prisoners of war) within the next form of armour, may save hun- few days.

dreds cf Ilves from aeroplane bombs and from artillery through aeroplane observation. Camou- The Graeco-Italian campaign in fiage was inspired by the increase Albania lends further support to in "are-power."

RAKING THEM IN

the idea that this is a war of All these factors, together with prisoners rather than of killed that of air co-operation, were co- and wounded. Here is a country ordinated in the Western. Desert all against widespread mechanized operations, warfare, but the Greeks go on The modern soldier is becoming taking prisoners every day out of a much more dangerous man, but all proportion to the number of the more dangerous he becomes, casualties.

the safer he appears to he

ין *

INDO-CHINA

London, May 3 (Reuter),STEAM NAVIGATION COMPANY LTD

Silver Small trade demand met

by Indian Government sources, Operating Services for Cargo and Passengers

Market steady. In the afternoon,

the market was steady with no

{business.

Spot, 23-1/3d..

Forward, 23-1/28.

LONDON GOLD

London, May 8 (Reuter). Bar Gold, Fimg per oz., 188/-·

rate on London, at 10 am, today was 1/2-1/2d.

The Equalisation rate was 24+ per cent.

India Rupee Paper,

Bombay, May 8 (Reuter), Govt, 31% Rupee, 94-10-0.

TO

SWATOW, SHANGHAL, TRINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

SINGAPORE, PENANG and CALCUTTA SANDAKAN

HAIPHONG

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

For further particulara

please apply to

JARDINE MATHESON&Co.,LTD TELEPHONE ZOZIL GENERAL MANAGERS.

Hongkong, 28th February, 1841.

HONGKONG SAVINGS

BANK

The Business of the above Bank

is conducted by the BONGKONG

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

PORATION. Rules may be obtain- Paid-Up Capital 5,598,800,00

ed on application.

For the HONGKONG & SHANGHAI

V. M. GRATBUEN,

Chief Manager. Hong Kong. 28th Feb., 1939.

THE CHASE BANK 15, QUEEN'S ROAD, CENTRAL

HEAD OFFICE:

18, PINE STREET.

NEW YORK.

Reserve and Gadivided

Profita

.8,083,261,60

Head Offer:-HONG KONG No. 10 Des Vosur Road, Central

Board of Director.

HON. SIE SHOUSON OHOW, Chairman Li Koon Chun, Esq. El Lan Sang, Bag P. K. Kwak, Baq. Yong Cha Son, Eng.

Wong Im Tong, Esq,

Chan Ching Shok, E92,

Fang Fing Was Bag.

KAX TONG PO, Esq., Chief Manager Hox. Ma. Li Tax FoнG, Manager

Branches and Agencies:

An American Bank offering com-

plete Foreign Banking Service, Amoy in the principal Markets of the world. Interest Rates on Application,

FI

SAFE DEPOSIT BOXES Thia Bank is entirely owned by TH CHANE NATIONAL BANK, New Yoak, with Resources of over U.S.$3,800,000,000.

vi

Bombay ONORA

Kaiphong

Kaukow

Honolul

K...

Kowloon Louden

Manila

Melbourne

Naguka

Pari

singapore

Hangbongourabaya Halvon Baratow San Fran. Sydney

cisco Fant

New York" SAKE?'e Vaddoufa

Palping

yani

Every description of Banking and Exchange business transacted. Loans granted on approved securities.

Current Accounts opened in Locs! Currency and Fixed Deposits re- ceived for one your or

shorter Manager, | periods in Losál and Foreign Cur renoies on terms which will be quoted on application.

D. L. BALLANTYNE,

THE MERCANTILE BANK OF INDIA, LIMITED

Head Offear-15, Gradschúrch Street, London, EC. Authorised Caplisi..

Bubscribed Capital Paidap Capita

Reserve Food, and fast,

J

BANKERS:

BAT EXPOSIT Boxes To LIT.

KAN TONG PO,

Chief Manager.

129,000,000

$1,800,000

€1,050,000

€1,254,839

BANK OF CHINA

The Bank of England and Midland

Bank, Ltd. BRANCHES:

K.pantan

Kuala Trengg Kadraa

Penang

Bangkok

Bombay

Ipoh Jadon

·Datorita

New York

Dolombe

Kandy

Delhi

Korchl

Gille

Kota Bharu

Hongkong Howrah

Kuala Lipis

Ramon

Shanghai

Sim

Singapore

Kali Lampar HONG KONG BRANCH: · Every description of Banking and Exchange business transotod.

TRUSTEE AND EXECUTORSHIP

UNDERTAKEN

CURRENT ACCOUNTS rpened in Local Car, PADAY #SEND DEPOBIES resized in Local Curry & 8TERLING on terms that may be sacertalberd on spy loation,

D. BENSON.

Masager

WANT-ADS

ang

Quick!

Specially Chartered by

THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE

BARABANK

PAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerone Branches in Chins and connections in the principal Commercial Centres of the World, we are able to extend to our Cliente special facilities for Domestic and Foreign Banking and Exchange.

Head Office: SHANGHAI Hong Kong Branch: 4, QUEEN'S ROAD, C. South China Offices.

CANTON SWATOW SHIUCHOW

KONGMOON TOISHAN KINGCHOW

We also handle the issue of Bonds

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

SHOU, J, CHEN,

Manager.

:|

W. H. EVANS. THOMAS,

stanager:

23

Union Pacific......

80

581

United Aircraft

38

612

United Akrilnes Trans

10

33

United Corpn.

12.

United Corpn. $3 cum pl.

214

238

United Gas Improvement 87-

BANK OF EAST ASIA. LIMITED

384

US. Rubber

20

121*

U.S. Steel

521

104

Vanadium

237*

12.

Vultee Aircraft

51*

171

Walworth Co.

44

13)

Warner Bros. Pict.

BANKING CORPORATION.

26

Westinghouse Elec.

882

23

25

131

Woodward Iron Cor. Chase National Bank National City Bank

2

21.

Libby. Moneill & Libby

584

DOW JONES AVERAGE..

May 9, 1941.

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.