(REUTER'S SERVICE)
NEW YORK. May 17, 1941.
Prev. Today's
On demand
147
on Singapore:-
New York Cotton, July New York Rubber, July Chicago Wheat, July Chicago Corn, July New York Hides, June
NEW YORK COTTON
24,35
24.35
981
971 981
.
723
721
14.87 14.82
High Low Close Close - Change 13.97 12.84 12.88 12.92 .04 up
24.35 24 35. unch. 973
of 721 73
1 off 14.83 14,83b unch.
STOCKS
Adams Express
Alleghany Steel Co.
PAGE 10-HONGKONG DAILY, PŘESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
MAY 17, 1941,
On London:
Telegraphic Transfer. 7/4 Bank Bills, on demand 1/2 7/8 Credits 4 months' sight
On Shanghai:-
NEW YORK COMMODITY MARKET
NEW YORK STOCK EXCHANGE
QUOTATION (REUTER'S SERVICE}
MAY 18, 1941.
STOCKS
MONDAY, MAY 19, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Issued & Fully Paid-Up $20,000,000| Incorporated by Royal Charter, 1800
Authorised Capital.
..................... $50,000,000
* INDIA, AUSTRALIA
AND CHINA
Last Sale
May 17
53*
*20*
Kennecott Copper. Libbey-Owens-Ford
Last Sale "May 17
351
Reserve Funda: Sterling
£6,500,000 Paid-Up Capital E.K. Currency Reserve $10,000,000 Reserve Fund Reserve Liability of
Reserve Liability of Pro- Proprietori
prietors..... $80,000,000
..HEAD OFFICE: LONDON:
£3,000,000 £3,000,000
£3,000,000
Glass 291
Head Ofce:-HONG KONG
Allis Chalmers
252
Lockheed Aircraft
201
...Close
Closing H
Change
Amer. Can
791
Loew's Inc.......
281
On demand
..... 52 3/4
On Japan
||'
July
October
12.88/88 1292/92
04 up
American Cyanamid B.
38
Martin, Glen L
281
"Board of Directors: Hon. Mr. J. J. Paterson,"
13.04/04
13.08/08
.02 up
Amer. Foreign Power ...
11/16 Montgomery Ward .........
32
On demard
102 1/2
December
13.10/11
13.13/15
.03 'up
Amer
Foreign $7 p.
181
National Aviation
W. H. Lock, Esq.,
71
On India:-
January
13.10 N.
13.14b
,04 up
Amer, Locomotive
111*
Nat Dairy Products.....
Chairman.
Deputy Chairman.
127
Telegraphic
Transfer.
$82 6/8
and demand
March Spot.....
13.15/15 13,29
13.20/20 13.33.
.05 up
Amer: Metals Co.
171
National Distillers
JE. Bousfeld, Esq.,
197
.04 up
Amer. Radiator
BI
Nat, Power & Light
в
On New York:-
On Batavia:————
Bank Bills, on demand 24 1/8
Credits, 60 days' sight 23 7/6,
On demand
On Paris:-
Bank Bills, on demand Nom. Credits 4 months" sight Nom.
Total sales Friday:—173,200 bales.
The last trading day for May cotton is May 18.
Amer. Rolling Mil
131
National Supply Corp. ......
1. H. Compton, Esq., L. J. Davies, Esq.,
51*
Amer. B'ting and Ring Co.
32
New York Central
Hon. Mr. S. H. Dodwell,
Amer. Sugar Refining
15t
Niagara Hudson Power
Miskin, Esq.,
K. 8. Morrison, Esq.,
Amer. Tel, & Tel
1493
N. American Aviation
Bank Buying Rate. Now.
Bar Silver per os............ 23 1/2
Market Report
-
On Salgon:-
On demand
*** 104 1/3
Oz Manila:--
On demand
48 1/4
On Bangkok:--
CHICAGO WHEAT
On demand
118 1/2
On Sterling Note:-
July September
CHICAGO CORN
July
September
FROM KOZA BROS. „
Saturday, May 17.
}
NEW YORK HIDES
June
September
.*.......... 45 1/4
NEW YORK RUBBER
July
(New contract)
C
家
}
}
12
24.35/35 24.35/35
unch.
September (3 December March
Total sales for the day:-160 tons. The last trading day for May rubber 1s May 27.
$23.80b/85a
23.80/80
unch.
23.30/35
→ 23,35b/39a
.06 up
22.95 N
23.01 N
.06 up
Amer. Tobacco "B" Amer. Waterworks Anaconda Copper.... Atchison, T. & 8. Fe, Aviation Corp.
64
North American Co.
44
Northern Pacific
252
Packard Motors
2+
1274
Paramount Pictures
21
Pennsylvania R.R.
24
Branches:
Baldwin Lecometive
13
Phillips Petroleum
411
Baltimore & Ohio
32
Pullman Inc...
Amoj
Johore
242
Barnsdall Ou
Pure Qu
Bangkok
Kobe
91
Bendix Aviation
331
Radio Corp. of Am
Batavia
Kowhun
Rangoon Saigon San
Hon. Mr. T. E. Pearce, Hon. Mr. A. I Shields, Sir Vandeleur M. Grayburn,
Chief Manager.
38, Bishopagate E.0,2. Sub-Agencies In London: 117/122, Leadenhall Street, E.Ca West End Branch;" 14/18, Cockspur Street, S. WI Manchester Branch: 52, Mosley Street, Manchester,
AGENCIES AND BRANCHES
ALOE STAR
BATAVIA
BOMBAT
CALCUTTA
AGENCIES:
O T PATLI PLACE CANTON CAWNPORA CKBU COLOŽBU
HONO KING PENANO ILOILO
TABACHI
ILANO
KOM
KUALA
LEXPUB
KUCHING
MADRAS
יך
AMRUTHAR
BANGKOK
ZANGOO
BAIGON
BEREMBAN HANGHAI
BINGAPORE
BITLAWAK
SOURABAYA
TALFING
TIENERIM
34
Bombay
Kusls.
Francisco
987/981
991/991
971/978- 981/981
3' of 1 of
Bethlebem Steel
69
Reading Company,
Com 141
Calcutt
Bliss & Co.
*141*
Remington Arms Co., Inc.
4+
Canton
Friday's sales:-14,085.000 bushels.
Boeing Airplane Co.
127
Republic Aviation Corp. ....
31
Chetoo
Lyons
Borg-Warner
161
Republic Steel
172
Colombo
Malacca Sungal
Briggs Mig.
183*
Reynold Tobac.. "B"
29i
Dairen
Mouila
73/73
737/737
721/724 -731/731
I off off
Budd M'facturing Corp.
*34*
Schenley Distillers
Foochon
Muar
93
Canadian Pacific R'way ...
3+
Shell Union O
thaiphone
144
Hankow
Celanese
201*
Socony-Vacunun Oil
www....
91
Harbin
New York
Chesapeake & Ohio
344
Southern Pacific
113
Roila
Peiping
September
Spot,
1/4
July September
MARKET
July
NEW YORK COPPER FUTURES
July
The price for Ready Silver rose 1/16 yesterday to 23.1/2 but the Forward rate dropped 1/16 to 23 7/16. Silver advices reported, the
14.83/83 15.03/05 Total sales for the day:-73 lots.
taarket as being steady. American NEW YORK COCOA ". 34.3/4 for
Silver was quoted at
The London/New York cross-
The last trading day for May cocoa is Mar 22.
rate was quoted at 402.1/2: New NEW YORK SUGAR NO. 3 York/London was quoted at 403.
"Extremely dull.
STERLING
There were sellers at 1/3 up, to July, buyers at 1/3.1/32 for any delivery.
U. S. DOLLARS
No business was reported. There, were sellers at 24.1/2 for near and forward, buyers Cash.
Volume of business done:-101 lots,
The last trading day for No. 3 Sugar 18. May 23. NEW YORK SUGAR NO. 4
31 24.9/16 for NEW YORK COTTONSEED OIL
July
1
SHANGHAI DOLLARS Quiet, There were sellers at 456. 14. buyers at 456.3/4 for Cash,
SHANGHAI MARKET
Duli. Sellers of Sterling for near delivery at 3,9/32 and U.S. dollars | at 6.11/32 for Spot.
Shanghai Exchange
Shanghai. May 17 (Reuter).
Official T,T. Rate
Opening
NEW YORK LAŽD
September
NEW YORK BLACK PEPPER
Beptember
The First Notice Day for September black pepper is Aug. 20 and” last trading day is September 23. il
NY. Official Silver"
N.Y.-London Cross Rate
34.3/4 unquoted 4.03-1/4/ 4.03-1/4
11,83b/85a 15.03b/05a
unch. unch.
Chrysler Corpn.
56
Southern Rly $5 pid,
23
I pob
11
Columbia Gas & Elec.
24
Spicer Manufacturing Co.. 29°
Commercial Credit Co. Com, & Southern (Ord.)
221
Standard Brands
..5€
“
Stand Gas & Elec.
Consolidated Edison
171
Standard Oll of N.J.
36
Consolidated Oll
6
Studebaker.. Com
17
7.85 "N
Clased
Copperweld Steel „............. Curtiss Wright (C.)
141*
Swift International
18
B
Technicolor
quoted on application.
Douglas Aircraft
65
Texas Corpn.
398
Du Pont de Nemours
1404
Trans-America Co.
4)
...........
#2.45b/46a 2.44b/45a 2.48b/46a 244b/45a
.01 off 01.off
Eagle Picher Lead
75!
20th Cent. For
51
Elec. Autolite
261*
Union Bag & Paper Corp. " 10ļ*
Mec Bond & Share
21
Union Pacifo
807
Elec. Band & Share $5 pf.
55)
United Aircraft
37.
Elec Bond & Share $6 pf.
594
United Airlines Trans
91*
Elec. Power & Light $7 pf: Flintkote
321*
United Corpa,
121**
.84b/.84ja Bib/.84a
United Corpn. $3 cum p1.
21
Lumpur Shangbai. London Singapore
Sourabay
Patani
Ewatow (Johors) Tientsin- Mukden Tokyo
Релард
Tsingtao
, Yokohama
HAIPHONG BANKOW.
MIDAN
NEW YORK
TONGKAN
(Bhuket) - TAINGTAL
TOKOHAMA
PIPING (Peking)
FOREIGN EXCHANGE and Georini | Banking Business transacted.
CERRENT ACCOUNT opened and | FIXED DEPOSITS received for One Year or shorter periods in Losal on Other Currencies at rates, which will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at raten obtainable
OURRENT ACCOUNTS opened on application.
in Local Currency and FIXED DE-
The Bauk's Head Office in London POSITS received for one year or undertakes Executor and Trustee shorter periods in Local and Other business, and claims recovery of Currencies on terms which will be British Income Tax overpaid, on
SAFE DEPOSIT BOXES of various sizes to let.
TRUSTEE and EXECUTOR business undertaken. Hongkong. 26th February, 1941.
HONGKONG SAVINGS
BANK
terms which may be ascertained at any of the Agencies and Branches.
W. H. EVANS THOMAS,
Manager.
4
MANILA
DELHI
unch.
Gen, Electric
28
United Gas Improvement
1
BANK OF EAST ASIA, LIMITED
Gen. Motors
37t
U.S. Rubber
214
The Business of the above Bank
11.75b/98a 11.75b/99a.
unch.
Gen. Railway Signal Gen. Tire & Rubber
Goodrich (BR) !...
10.67/87 10.87b/68a
unch.
Goodyear 'Elre & Co.
Great Northern Iron Ore
Great Northern Rly, pfd,
9.87/87 9.92/92
05 up
Great Western Sugar
Int Nickel .....
7.12b/158 711b/17
01 off
Inter. Paper & Power Int. Tel. Tel........ Johnstan
1940/41
London
New York.
Japan
India
Paris
Hongkong
0/3-1/8
5-3/18
22 17-174. nominal 20-3/4
Spot
Miny
June
Spot
May ......
June ......
Sterling
Sellers
pening Closing 0/3-9/32 0/3-9/32 0/3-9/32 0/3-9/32 0/3-9/32 0/3-9/32
U.S. Dollar
$5-11/32
Market:-Dull.
The
$5-11/32
5- 11/22 5-11/32 5-3/8 5-11/32.
Silver Duty Rate Central Bank of China's
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE}
London, May 16.
The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and no responsibility is assumed for errors in transmission.
War Loan. 31% (Red.
after 1952)
rate on London at 10 am todayhinese 4% Gold Loan
was 1/2-1/2d.
The Equalisation rate was 24-1/2 per cent..
Calcutta Exchange
Calcutta, May 17 (Reuter), TT on Japan, 81-1/2
India Rupee Paper
„Bombay, May 17 (Reuter), Govt 33% Rupee, $95-04-0.
SILVER MARKET
BOMBAY SILVER SA Bombay, May 17 (Reuter).
£
H.K. Stock Exchange
Saturday, May 17. BUYERS
HK, Banks, $1,305. Bank of East Asia, $71. HK. Fire Ins: X.D., $178, Indo-Chinas (Pref.), $80. Providents $5:05. Hotels, $2,35, Lands, $31;
Realties, $2.70.
Lights (Old), $5.70. Electrics Rts., $11.35. Ropes, $6.50. Entertainments, $6.25.
SELLERS
SALES
High Low Dow Jones Averages 162.PO 111.54 30 Industrials
32.67 22.15 20 Raila
26.45 17.31 20 92.19 8306 40 69.76 48.74 11
LONDON METALS
Til
EXCHANGE
London, May 16 (Reuter).
Standard,
Price, £288-5/8.
Cash, Middle
Tin, Standard. 3 months, Middle Frice. £267-1/8,
Business Done:~140,000 shares
HONGKONG
SHAREBROKERS
ASSOCIATION
Volume of Business Transacted on Saturday, May 11, 1941. SALES
200 $5,85 263 1.25
4፡
463
The total value is $1,498.75.
The Ministry has advanced its China Lights (Old); cash limit with steady market in China Lights (New) the East and America, but cash liquidation quiet and demand eased the market in spite of the co- firmation that the United States official Metals Reserve Company intends buying a further 75,000 tons There was some switching from after completing its purchase of cash to forward. After hourg
Idle--10 tons the original 75,000 tons, making anmärket eventual total of 150,000 tons. months at unchanged prices.
"
of three
SHANGHAI BANKING COR- Authorised Capital....$10,000,000.00
V. M. GRAYBURN,
Reserve and Undivided
Head Office:-HONG KONG
Chief Manager. No. 10 Des Voeux Road, Central
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
Interest Rates on Application.
L
SAFE DEPOSIT BOXES
Board of Director.
HON. SIE SHOUзON, CHOW, Chairman
Wong Chu Son, Esg
Li Koos Chan, Zaq.. Li Lan Bang, Esq. P. K. Kwok. Beg Wong Tan Tong, Esq.
Chan Ching Shek, Kaq.
Fang Ping Wah Ean.
KAN TONO Po, Esq., Ghief Manager HON. MR. LI THE FONG, Manager
Bombay Dalcutta Halphong
Hankow Honolulu Ko'
Branches and agencies:
Pinang Kowloo
Singapore Laudon Baagoon Hoursbays
Baigans Swatow Melbourne San Fran. Sydney
cisco fentiu
Manila
New York
Purle
Polylax
Seattle Veaceste
Betharatiy
Shanghai
Every description of Backing and
This Bank is entirely owned by Exchange business transacted. Loans
Тав
CHABB NATIONAL
BANI, granted on approved securities.
NEW YORK, with Resources of over U..$3,800,000,000.
D. L. BALLANTYNE,
Ourrent Accounts opened in Looml Currency and Fixed Deposits re- Jeived for one year or shorter Manager, periods in Local and Foreign Cue
rencies on terma which will be quoted on application.
WANT-ADS Cheap!
INDO-CHINA
SAFE DEPOSIT BOXES 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 $40,000,000.00
Operating Services for Cargo and Passengers
Defence Loan, 3%.
anton-Kloon Rly. 5%
103-7/16 101 9
1898 (Brit. Issue)
39
Chinese 5% Gold Bonds,
1925/AT
*38
Chin. 44% Anglo-French
Loan 1908
40
Providents, $9.15. Macao Electrics, $19. Telephones (Old), $22,60.
Chinese 5% Crimp Doan.
1912
201
Lights (Old), $5.85.
Chinese 5% Reorg. Loan,
1913 Lan, Is.) ... Chinese 8% Ster. Notes.
1925 (Vickers) Chin. Imperial Rly, 5%
Loan
Macao Electrics, $19.10.
281
7-9
48
Chinese Eng. & Mining
(bearer)
12/6
Tonan Rly. 5%
12
Chasen Corporation
4/
Hukuang Rly. 5%, 1911..
|| Mercantile Bank of In- --
TO-
(LP. N/Y Issue).
13
dia, £5, "0"
11
Hukuang Rly. 6%, 1911
Pekin -Byndicate
1/-
German Issue)
11
B'hai Elec. Constr. Co...
16/-
Lung Taing & U
Hal
S'hal Waterworks "A"!
15
Rly, 5% 1913-
9
Union Insurance
22
S'hal-N'King Rly. 5%... Tientsin-Pukow Rly. 5%
(Brit. Stpd.)
14
10
Tientaln-Pukow Rly. 5% Canned herring production of (German Stpd.) British Columbia last season total- rientsin-Pukow Rly. 6% led. 608,000 cases, most of which!
Brit. Stpd. Supl. Loan) went to the United Kingdom, Ex-Tientsin-Pukow Rly. 5% periments have been made with (Ger. 2tpd. Supl. Loan) -10 the canning of small sized herring Jap. 6% Ster. Loan, 1924 23 and pilchards in sardine style. Ger, 7% Intl Loan, 1924 Herring reduction plants produced Chartered Bank 1,101,887 gallons of herring oll and H.K. & S'hai Bank (Lan 9,042 tons of herting meal, The Reg.) production of dry salted herring HK, & Bhai Bànx. (Col totalled 5,241 tons.
10
Gula Kalumping Rubber Lon., Mid, & Beot., Rly. 124 Great Western Rly. .... 334 National Bank of India 311 B-A, Tob (bearer)
16/-
88/0
Dunlop Rubber
24/3
10
Bristol Aeroplane ........ 9/101 Imperial Chemical Ind. 30/9
United Steel
22/71
Woolworths
47/9
5.
Müraman Investments ....
6/3
81
Western Holdingë
10/6
Sub-Nigel
143/0
73
Shell TYELT & Trad
(Bearer)
.40/-
Reg).
781
a-bid
Market Steady. Offtake 100 bars. Indian Mint Silver
....... 62-08
Ready
May 21 Bettlement
62-08
June 20 Settlement....... 62-09
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE And OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal in the French Concession et Shanghai, where passengers and cargo are landed.
For further particulars
please apply to-
JARDINE MATHESON&Co.,L↑ TELEPHONE SOJIL GENERAL MANAGERS ·
(BRANCERS, ÁLL ÖVER 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 Clients 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
KONGMOON TOISHAN SHIUCHOW KINGCHOW
We also handle the issue of Bonda and other Public Fund of the Chinese Government both at Home and Abroad.
SHOU I CHEN,
Manager.
12
U.S. Steel
523
in conducted by the BONGKONG
10*
Vanadium
23
PORATION. Rules may be obtain
Paid-Up. Capital
124
Vultée Aircraft
ed on application.
161
Walworth Co.
4
For the HONGKONG & SHANGHAI,
Profts
5,598,600.00
.2,953,261.50
14**
Warner Bros. Pict
32
BANKING CORPORATION.
25
Westinghouse Elec.
88
237
Woodward Iron Gor.
2571
24
Chase National Bank
29*
Hong Kong, 25th Feb., 1939.
13
National City Bank
242
21*
Libby. Mone!!l & Libby
*57*
THE CHASE BANK
DOW JONES AVERAGE
May 18, 1941,
May. 16, High Low Close
Change
1
115.86
118.26 115.93 116.11
20 to
27.94
97.27 27.75 27.82
.12 off
Utilities
17.35
17.34 17.20 17.92"
.13 off
Bonda Commodity Index
91.38 €9.00
91.35 69,99
.01 of ,0% off
18, PINK STEKET.
NEW YORK. An American Bank offering com- plete Foreign Banking Service in the principal Markets of the
Amer
tr
world.
Nagica
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