1941-05-21 — Page 10

Daily Press 孖剌西報 All

Series Prev Next Source

High Low

13,09 12,84 24.12 23.80

Prev. Today's

Close Close

12.92 13.90

100% 73}

97.

Change

,02 off 24.35,23.89 40 off

073

up! 723 726

2 093 731

14.90 14.82

14.89b 14.82

.01 · off

Alleghany Steel Co.

445

Closing

Change

5 3/4

On demand

103 1/2

13.13/15 13.14b

12.92-93 13.06/06 13.0-1/00 13.12/13 13.13/12

12.00/90

02 off

Allis Chalmers. Amer. Can

.02 off

American Cyanamid B

.01 off

Amer. & Foreign Power

01 off

Amer

Foreign $7 pl.

Telegraphic

Transfer

13.20/20 13.39

13.19/19 13.31

01 off

Amer. Locomotive

.02 off

Amer. Metals Co.

$82 D/N

and demand

Amer. Radiator

Ou New York:-

NEW YORK RUBBER

Amer. Rolling Mill

July

(New contract)

24.35/35

23.89 90

46 off

Amer. Sting and R'mg Co. 39

September (

23.80/80

23.60/60

20 off

Amer. Sugar Refring

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

MAY 20.

On London:-

1911.

Telegraphie Transfer. 1/2 7/3 Bank Bills, on demand 1/2 7/8 Credits 4 months' sight

On Shanghai:-

On demand

Un Singapore:

On demand

On Japan:-

On India:-

Bank Bills, on demand 24 1/8 Credlis, 80 days' sight 247/A

NEW YORK COMMODITY MARKET (REUTER'S, SERVICES

NEW YORK, May 19, 1941.

New York Cotton, July New York Rubber, July Chicago Wheat, July. Chicago Com, July

New York Hides, June NEW YORK COTTON

July

October

December

January

March Spot

NEW YORK STOCK EXCHANGE

STOCKS

Adams Express

QUOTATION

(REUTER'S SERVICE)

MAY 20, 1941.

Last Sale

STOCKS

Kennecott Copper Libbey-Owens-Ford

WEDNESDAY,

MAY 21, 1941.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

INDIA, AUSTRALIA AND CHINA

Issued & Fully Paid-Up 820,000,000 Incorporated by Royal Charter, 1888

Authorised Capital..... 280,000,000||

Reserve Funds: Sterling

.£3,000,000 .....£3,000,000

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

Reserve Liability of Pro- Reservo Liability of

prietors Proprietor

.$20,000,000 |

Head Office:-HONG KONG,

...£3,000,00€ HEAD OFFICE: LONDON:

39 Bishopsgate E.0.2. Sub-Agencies In London: 117/122; Lendenhall Street, B.C.a West End Branch: 14/16, Cockspur Street, S.W1 Manchester Branch:

52. Mosley Street, Manchester, L

AGENCIES AND BRANCHES ·

HONG KONG YENANG TEDILO

ALOE STAS

AMRITSAR

Last Sale

May 19

201

Glass 29

26}

Lockneed Aircraft

..21

791

Loew's Inc.

281

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

Martin, Glen L.

26*

Chairman.

11:16

Montgomery Ward

321

National Aviation

W. H. Lock, Esq.,

111

Nat. Dairy Products

Deputy Chairman.

134

174

National Distillers

J. K. Bousfeld, Esq.

191

"Nat, Power & Light

A. H. Compton, Esq.,

National Supply Corp.

L. J. Davien, Esq.,

Hon. Mr. S. H. Dodwell,

New York Gential

RANGDON

121

G. Mirkin, Esq..

15#*

Niagara Hudson Power

24.

K. S. Morrison, Esq.;

On Batavia:-

On demand

On Paris.

45 1/4

December March

{

}

23.36b/39

23.10/10

26 off

Amer. Tel, Tel.

1493

N. American Aviation

121

Hon. Mr. T. E. Pearce,

BANGKOK

BATAVIA

BOMBAY

IPOR

SAIGON

BERTURAN

KABAORI

SHANGHAI

{

}

23.01 N

22.70b/752

.31 off

Amer, Tobacco "B"

North American Co.

131

Bank Bills, on demand Nuat. Crédits 4 months' sight Now

On Saigon:-

Total sales for the day:-1,280 tons.

The last "trading day for May rubber is May 27. CHICAGO WHEAT

Amer. Waterworks

Northern Paclic

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

DALOUTTA

AOENDIES:

KLANG КОБИ

SINGAPOR

BIZIAWAN

Anaconda Copper

251

Packard Motors

Atchison, T. & S. Fe.

273

Paramount Pictures

Chief Manager. FAILI PLACE

"CLIVE STREET

KUALA

.SOURABATI

LUMPUE

די

"Aviation Corp.

Pennsylvania R.R

233

Branches:

On demand.

On Manila:-

On Sterling Notes:-

104 1/2

July

48 1/4

September

149 1/2

CHICAGO CORN

July

Not. 23 1/2

September

972/973

983/982

998/997

2 up

Baldwin Lecometive

13*

Phillips. Petroleum

411

Amoy

1003/2007

2. up

Baltimore & Ohio

Pullman Inc....................................

25+

Bangkok

Kobe

Jobore Rangoon

Saigon

CANTON CAWNPORT CKST

KUCHING

TAIPING TIENTAIM

MADEAR

TONGKAM |

MANILA

June

July

403.

On demand

"On Bangkok:—

On demand

Bank Buying Rate

Bar Silver per oz

Market Report

FROM ROZA BROS.

Tuesday, May 20.

"Silver prices were unchanged yesterday, the quotations remain. ing at 23.1/2 for Ready arid 23.7.16 for Forward.

The London/New York cross- rate, was quoted at 402.1/2. New York/London was quoted at

The last trading day for May cocca 15 May 22. NEW YORK SUGAR NO. 3

Saturday's sales:-8,350.000 bushels.

Barnsdall ou

Pure Ou

Batavia.

Kowloon San

Bendix Aviation

331.

Radlo Corpn. of Am.

Bombay Kuala

Bethlehem Steel

694

Reading Company,

Com

141

Calcutta

Lumpur Shanghai

723/721 738/731 733/733 742/748

Bliss Co.

14**

Remington Arms Co., Inc.

41*

Canton

London

Singapore

Boeing Airplane Co.

127

Republic Aviation Corp.

Chefoo

Borg-Warner

164

Republic Steel

Colombo

178

Malecca

Sungei

NEW YORK HIDES

September ........

Total sales for the day:-88 lots."

Briggs Mig

Reynold Tobac, "B" .......

201

14.836/652 14.82/82 15.03b 05a 15.05.05

.01 off

Budd M'facturing Corp.

Schenley Distillers

Dairen Foochow

Manila

Muar

.02 up

Canadian Pacific R'way

Shell Union Q

148.

Celanese

203

Socony-Vacunum Ol

.94.

Haiphong Babkow Harbin

NEW YORK COCOA

September

Chesapeake & Ohio

317

Southern Pacific

111

Closed

Chrysler Corpn.

55%

Southern Rly $5 ptd......

223

Iloila 1pob

7.83 N

Columbia Gas & Elec.

Spicer. Manufacturing Co.

281+

Commercial Credit Co.

221

Standard Brands

Com, & Southern (Ord.)

Stand Gas & Elec.

2.44b/45a 2.42 443

02.oft

Consolidated Edison

Standard Ol of N.J.

36)

Consolidated O

Studebaker Com.

September

3.480-400 2,46b47a-

02 off

Copperweld Steel

142*

Swift International

181

1/4.

· Dull

MARKET

STERLING

Volume of business done:-120 lots. The last trading day for No. 3 Sugar is May 23. NEW YORK SUGAR NO. 4

Curtiss Wright (C.)

Technicolor

“ 8!"

Douglas Aircraft ".

651

Texas Corpn.

391

Du Pont de Nemours

140元

Frans-Americs Co.

qacted on application.

SAFE DEPOSIT BOXES of various sizes to let.

TRUSTEE

וי

September

the

το There were sellers at 1/3 up July. buyers at 1/3.1/32 for any delivery.

U. S. NOLIARS

Quiet, There were sellers, at 24. 1/2 for near and forward, buyers

At 24.9/16 for Cash

SHANGHAI DOLLARS Business was done early in morning

455. Subsequently transactions were arranged at 454.

1/2, 454, 453, 452, 451.1/4 and 451 The market closed at lunch time with probable sellers at 451, buy- ers at 451.1/4 for Spot.

SHANGHAI MARKET · Sterling opened with sellers at 29/32 and closed steadier at 3.5/16-

Spot. U.S. Dollars opened closed with sellers at 5.11/32 and with sellers at 5.13/32 for Spot:

far

AFTERNOON MARKET Quiet. Sterling closed with sell ers at 1/3 up to July: buyers at 1/3. 1/32 for any delivery.

U. S. DOLLARS The market closed with sellers and forward. at 24 1/3 for near buyers at 24.9/16 for Cash,

SHANGHAI DOLLARS

Opened this afternoon with sell-

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

London. May 19.

The following quotations are the middle prices at the close of the market la London. All quotations are subject to confirmation and no responsibility is assumed for errors

a transmission.

War Loan. 31% (Red.

after 1952) Defence Loan, 3% ......!

ers at 452.1/2 with, business done Janton-Kloon Rly, 5.

H.K. & Shat Bank (Col.

Rex} Chinese Eng. & Minia

(DEBIET) Chosen Corporation Mercantile Bank of In-

dia £5, "G". Pexin Syndicate

July NEW YORK COPPER· FUTURES

Jüly

.84b 8440 840850

Eagle Picher Lead

77.

20th Cent. Fox.

unch.

business undertaken.

Elec. Autolite

281

Union Bag & Paper Corp. 10%

Elec Bond & Share

21.

Union Pacific

301

11.75b/90a 11.75 95a

unch

Elec, Bend & Share $5 pl

United Aircraft

.37

NEW YORK COTTONSEED OIL.

July NEW YORK LARD

Elec. Bond & Share $6 pf.

United Airlines Trans

10.67b68a 10,80b83a

13 up

Elec. Power & Light $7 pf. Flintrote

334

United Corph

121

United Carpm. $3 cum pf." 21"

Gen. Hectric

268

United Gas Improvement

9:32, 92

10.07/07

.15 up

Gen Motors

378

U.S. Rubber

is conducted by the HONGKONG:

Gen. Railway Signal

121

U.S. Steel

52+

NEW YORK BLACK PEPPER

September

Gen. Tire & Rubber

Vanadium

7.11b/17 7.08/08

.03 off

Goodrich (BF)

12+

Vultee Aircraft

ed on application.

last

trading day is September 23.--

unquoted 34-374

"N.Y.-London Cross Rate

"4.03-1/4 4.03-1/4

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

MY. Official Silver

Goodyear Tire & Co.

Walworth Co.........

For the HONGKONG, & SHANGHAI

Great Northern Iron Ore.

Warner Bros. Pict..

Great Northern Rly, pfd.

"25+

Westinghouse Elec.

Great Westem Sugar

231

Int Nickel

241

Inter. Paper & Power

Int. Tel. & Tel.

Woodward Iron Cor.. Chase National Bank National City Bank Libby. Monell & Ebby

251*

THE CHASE BANK

Johnsman

DOW JONES AVERAGE

1940/41

May 20, 1941,

High Low Dow Jones Averages

May. 17, High Low Close

Change

HEAD OFFICE:

115.11

118.36 115.92 116.15

.04 up

27.82

27.02 27.73 27.82

.12 off

17.99

17.36 17,22 17.30

.03 up.

Commodity Index

91.35 68.08.

91.31 69.35

off

.37 up

COLOXB0 DELHI HAIPHONG

Francisco HANKOW

Lyons Sourabaya

Patani Swatow (Johora) Tientsin Mukden Tokyo New York Tsingtao Peiping Yokohama Penang

CURRENT ACCOUNTS opened

NEW YORK

THINGTAL

ХОЛОДАМ

PIPING (Peking)

FOREIGN EXCEANOR and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or shorter periods in Local-de Other Currencies at rates which will be quoted on application.

STINGS ACCOUNTS also opened in Local Currency and Storling with interest allowed at rates obtainable on application.

The Bank's Head Office in London in Local Currency and FIXED DE- POSITS received for one year or undertaker 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

and EXECUTOR

Hongkong, 26th February, 1941.

HONGKONG SAVINGS

BANK.

The Business of the above Bank..

terms which may be ascertained at any of the Agencies and Branches.

W. H. EVANS THOMAS,

Mandger..

BANK OF EAST ASIA. LIMITED

SHANGHAI BANKING COR- Authorised Capital..

PORATION. Bules may be obtain Paid-Up Capital 5,568,000,00

BANKING CORPORATION.

V. M. GRAYBURN,

Reserve and Undivided

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

Hong Kong, 25th Feb., 1938.

Board of Director.

HON. SIR SHOUSON CHOW, Chairman Li Koon Oban. Eng. Li Lan Sang, Eng.

F. K. Kwok, Esq.

15, QUEEN'S ROAD, CENTRAL Wong Tan Tong, Esq.

19, PINE STREET.

NEW YORK,

An American Bank offering com-

Chan Ching Shok, Esq.

Wang Chn Soo, Esg Fung Ping Wab Eny.

KAN TONG PO, Esq., Chief Manager HON. MR. LITER FONG, Manager

lete Foreign Banking Service Amoy

in the principal Markets of the Bombay world.

Interest Rates on Application.

Branches and Agencies:

Kowloos

Laidon

Manis

Cavatin

felboru

Lisiphong

Nagasaka

Hankow Monolu

New York

Paris

KOO

Polylug

Panang Singapore Hangmon Sourabays Hatgun

San Fran. Sydney

alaco Teatr

Vancouv

desttie

demarang

(Bhuket)

MEDAN

$10,000,000.00

Profits

..2,963,281.50***

Batavia

LONDON STOCK EXCHANGE

LONDON, May 20 (Reuter) On the Stock Exchange yesterday. the turn over was, small with price movements

to .confined

narrow limits.

Gilt-edged stocks were easter on a switchover of interest towards the London War Savings Cam- paign.

Foreign bonds were steady except Spantan per cent, which lost two and a half points to 22.1/2.

Home ralls recorded useful gains, Industrials were featured by Improvements in Iron and, steel

160 111.84-30

Industrials

12/8 +/-

32.67 22.15 20 26.45 17:22 20 92.19 83.06 40 48.74 11 89.78

Rails

Utilities Bonds

11 17-

103-5/16.

1014

at 453.1/4 and also at 453.

At. theninese 44% Gold Loan close there were sellers at 452.3/4.

S'hal Elec. Constr. Co. Bhal WaterWolas ”A”-

on Insurance ..... Gula Kalumpong Rubber 15/- Lon., Mid, & Scot.. Rly. 121

16/-

15 # 22

buyers probably at 453.

AFTERNOON MARKET

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

1925/4T

Great Western Rly.

331

National Bank of India 311".

B.-A. Tob bearer)

88/9

with sellers at 3.5/16 and then re-

0/3-1/8

Japan

India

5-3/18 22 17-1/4

Sterling opened this afternoon Chin. 41% Anglo-French

ceded to 3.19/G4 At the close sell-Chinese 5% Crisp Loan ers were again reported at 3.5/16 for Spet. U.S. Dollars opened with sellers at 5.13/32 and then reced. ed to 5.3/8. At the close sellers were reported at 5.13/32 for Spot.

Shanghai Exchange

Shanghai, May 20 (Reuter).

Official TT Rates

Opening

London ..

New York

Dunlop Rubber

Loan 1908

Bristol Aeroplane

32/104+ 9/101

Imperial Chemical Ind

30/9

1912

201

United Steci

22/9

hinese 5% Reorg. Loan:

113 Len. Is.) Chinese 8% Ster. Notes,

1925 (Vickera) Chin, Imperial Rly. 5%

Loan Henan Rly 5%

Woolworths

47/9

Maraman Investments

6/3

Western Holdings

10/7)"

7-9

Bub-Nigel

143/9

Shell Iran. & Trad

(bearer)

40/7)

--bid

-ex div

Hukuang Rly 5%, 1911...

(L.P. N/Y Issue

Hukuang Rly. 6%. 1911

German Isque

Lung Tsing & U. Hal

Rly. 5% 1913

'Shal-N'King Rly. 5%

Paris Rongkong

Spot

May

June

nominal

- 20-3/4 Sterling

Sellers

pening Closing 0/3-9/32 Q/3-19/64 0/3-9/32 0/3-19/64 0/3-9/320/3-19/64

Tientsin-Pukow Fly, 5% :

(Brit. Stpd.)

Tientsin-Pakow Rly. 5%

U.S. DollarM

Apol

$5-11/32

$5-3/8

******

May June Market: Steady.

5-11/32

-5-3/8

5-3/9

5-3/8

(German Stpd.) Tientsin-Pakow Rly. 5%, (Brit. Stpd. Sup). Loan) Tientsin-Pukow Rly. 5% (Ger. Stpd. Supl Loan) Jap. 8% Bter, Loan, 1924 Ger, 7% Intl. Loan. 1924 5 Chartered Bank j.................. H.K. & S'hal Bank (Ldntzi

Reg.

TO-

and TIENTSIN

23+

Silver Duty Rate

The Central Bank of China's rate on London at 10 am, today was 1/2-1/24,

The Equalisation rate was 24-1/4

per cent

Calcata Exchange

Calcutta, May 10 (Reuter). 1:1 on Japan, 81-1/2

India Rupee Paper

Bombay, May 19 (Reuter).. Govt, 34% Rupee, $95-04-0.

LONDON GOLD

London, May 19 (Reuter).

Bar Gold. Fine per on, 188/-

Business Done: 220,000 sharca

SILVER MARKET

BOMBAY SILVER Bombay, May 19 (Reuter).

Oftake 200 bars, Market-Qulet.

Indian Mint Silver

Ready May 21 Settlement June 20 Settlement

/ 02-01

62-09 62-10

shipping and textiles. stocks, Among the textiles, cotton spin- rers were firm on payment of the year's dividend of 5 per cent, on preferred shares..

Wall Street was dull but steady.

INDO-CHINA

یا

STEAM NAVIGATION COMPANY LTD.

Operating Services for Cargo and Passengers

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

KOBE and OSAKA

SINGAPORE, PENANG and CALCUTTA

SANDAKAN

HAIPHONG

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

For further particulare

please apply to

JARDINE MATHESON&Co., TELEPHONE SO3ILL GENERAL MANAGERS.

"SAFE DEPOSIT BOXES

|| TAQUE

Every description of Banking and

This Bank is entirely owned by Exchange business transacted. Losa THE CHAEL NATIONAL BANK, granted on approved securities, NEW YORK, with Resources of, Current Accounts opened in Local over U.S.33,800,000,000...

D. L. BALLANTYNE,

Manager,

THE MERCANTILE BANK OF INDIA, LIMITED

Read Offco:-15, Gracechurch Street,

London, EC Authorland Capital Subscribed Capital ... Paid-up Capital.

Beserve Find and East,

BANKERS:..

£3,500,000 €1,830,000 £1,050,000

.. €1,954,059

The Bank of England and Midland

Bank, Ltd. BRANCHES:

[pob

Bombar Fatos Calcutta Konstan Colebe Kandy

Delti

Gelle

Hongkong Найтал

Scarchal

Kota Bbara

Koals Trenggawa Madras

New York

Peaking

Fangoo

Brid

Kunia Lipiz Kuala Lumpur Alagapers HONG KONG BRANCH: Every description of Banking and Exchange business transmetod.

TRUSTEE AND EXECUTORSHIP

UNDERTAKEN

CURRENT ACCOUNTS paund in Local Car ready and FIXED DEPOSrta recived in Local Currency & STERLING on terms that may scertained on application.

D. BENSON.

WANT ADS

Trusted

Currency and Fixed Deposita re- ceived for one year or shorter periods in Local and Foreign Cur rencies on terms which will e quoted or application.

SAFE DEPOSIT Boxes To LET.

'ÉAN TONG PO,

Chief Manager.

BANK OF CHINA

Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE

BANK

PAID-UP CAPITAL $40,000,000.00′′ (BRANCHES ALL OVER CHINA) Owing to our numerous Branchen. 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.

Bead Office:-SHANGHÄI Hong Kong Branch: 4. QUEEN'S ROAD, C. South China Offices.

CANTON

KONGMOON SWATOW

TOISHAN SHIUCHOW KINGCHOW

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

1941-05-21 — Page 10

Comments

Private Research Note