1941-05-27 — Page 10

Daily Press 孖剌西報 All

(REUTER'S SERVICE)

"

NEE YORK, May 24, 1941.

Close

Frey. Today's

High Low Close Close Change 13.28 13.18 13,18 13.20 .02 up

23.08 23.22 22,72

23.70N .38 of 981 97+ 971 974

up 741

737 #up 731 734 15.00 14.95 14.90N 15.00 10 up

Closing Change

13.18/20

13.20/20

13.34/35

13.32/34

13.38/39

13.40/41

13.38 N

13.39 N

13.41/41

13.42/43

13.40 N

13.60

13.42/42 13.81

Total sales Friday:-237,300 bales.

I.

23.08/12

22.70 N

22.68/69

22.40/40

22:20/20

21.95/95

21.75 N

21.50/50

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

MAY 26, 1941,

On London:-

Telegraphic Transfer. 1/8 7/5 Bank Billa, on demand 1/2 7/8 Credits 4 months' sight " On Shangbal:-

On demand On Singapore:-

On demand

On Japane

8 8 8 8 8 8 8

NEW YORK COMMODITY MARKET

New York Cotton, July New York Rubber, July Chicago Wheat, July Chicago Corn, July New York Hides, June NEW YORK COTTON

July

October

December

January

440

............ 52 3/4

On demand

On India:

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

Telegraphic Transfer.

March

May

Spot.....

82 6/8

and demand

On. New York:-

NEW YORK RUBBER

Bank Bills; on demand 24 1/8 Credits, 60 days' sight 24 7/6 On Batavia:

July

(New contract)

September (

J

On demand ................................. 45. 1/4.. Ou Paris:-

December March

(

}

(

..}

NEW YORK STOCK EXCHANGE

QUOTATION ·

(REUTER'S SERVICE) MAY 25, 1941.

STOCKS

TUESDAY, MAY 27, 1941.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

INDIA, AUSTRALIA

AND CHINA -

Authorised Capital....... $50,000,000

Issued & Fully Paid-Up 890,000,000| Incorporated by Royal Charter,

1854

Reserve Funda: Sterling

STOCKS

Last Sale

Last Sale

May 24

Adams Express

51"

Alleghany Steel Co.

214

Kennecott Copper Libbey-Owens-Ford

May. 24

351

.$20,000,000

£ 8,300,000 Paid-Up Capital H.K. Currency Reserve $10,000,000 Reserve Fund

Reserve Liability of Pro- Reserve Liability of

prietors ..... Proprietors

£3,000,000 £3,000,000

..£3,000,00€

Glass 30

Aills Chalmers

261

Lockheed Aircraft

21.

,,,,,,。

Amer. Can...

791

Loew's Inc.

281

.02 up

American Cyanamid B

361

Martin. Glen L

281

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

02 oft.

Amer. & Foreign. Power

Montgomery Ward

337

.02 up

Amer & Foreign $7 pi.

17*

National Aviation

.01 up

Amer. Locomotive

114

Nat, Dairy Products

13

..01 up

Amer. Metals Co.

171*

National Distillers

191

J. K. Bousfeld, Esq.,

.02 up

Amer. Radiator

Nat, Power & Light...

6

A. H. Compton, Esq...

01 பற்

Amer. Rolling Mi

13

National Supply Corp..

54*

L J. Davies, Esq,

Amer. Sting and P'ing Co.

40.

New York Central

121

Hon. Mr. S. E. Dodwell,

#

Amer, Sugar Refining

142

Niagara Hudson Power

21

G. Miskin, Esq..

Amer. Tel. & Tel

150+

N."American Aviation......

12

K. S. Morrison, Esq.,

.38. off

Amer. Tobacco "B"

63

North American Co.

121

.28 off

Amer. Waterworks

41

Northern Pacific

.25 of

Anaconds Copper

254

Packard Metora

.25 off

Atchison, T. & S. Fe..

27

Paramount Pictures

101

Aviation Corp.

3

Pennsylvania R.R

233

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

On Salgon:-

On demand

************** 104 1/2

On Manila

July

On demand

48 1/4

September

On Bangkok:-

On demand

***.......... 14

1/9

On Sterling Notes:-

Bank Buying Rate

Now.

July

Bar Silver per oz;

23 7/16

NEW YORK HIDES

June

September

Total sales for the day:-1.200 tons.

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

Baldwin Lecometive

13.

Phillips Petroleum

Baltimore & Ohio.

33

Pullman Inc...

27

Amoy

Barnsdall on

91

Pure Qu

Bangkok Kobe

97+/972 973/977 982/98-991/99

קנן 8

Bendix Aviation

34

Radio Corpn. of Am.

32"

Batavia

Kowloon

Bethlehem Stee!

# up

70

Reading Company,

Com

141*

Bombay

Kuala

Branches: Johore Rangoon

Saigon San

Franoisec

Head Ofee:—HONG KONG

Chairman,

W. H. Lock, Esq.,

Deputy Chairman.

Hoo. Mr. T. E. Pearce,

Hon. Mr. A. L. Shields,

Sir Vandeleur M. Grayburn,

Chief Manager.

HEAD OFFICE: LONDON:

38, Bishopsgate E.0.9. Sub-Agencies In London: 117/199, Leadenhall Street, E.C.L West End Branch: 14/16, Cockspur Street, S.W 1 Manchester Branch:

32, Mosley Street, Manchester, 9.

AGENCIES AND RANCHES:

EONE IONN PENANG

ILOILO

ALUR STAR AMELTBAR BANGKOK BATAVIA BOMBAY

CALCUTTA

AGENCIES: CUTE STERKT FAIRLIN PLACE JANTON DAWNPORI

KARACHY

ELANO K08] KUALA

KUCHING

MADBAS

KANGOOR

IPOR

1:

BAIGON

BEREMBAN

SHANGHAI

BINGAPOR

BITIAWAN

· SOURABAYA

LUMPUR

TAIPING

OEBU

COLOMBO

DELEI

MANILA

MIDAN

TIENTEIN

TONGKAR

(Bhukos)

THINOTAL

Bliss & Co.

14*

Remington Arms Co., Inc.

41*

Calcutta Lumpur Shanghai

Friday's sales:-18.598,000 bushels. CHICAGO CORN

September

Boeing Airplane Co.

13+

(Republic Aviation Corp.

31

Carton

London

Borg-Warner

164*

Republic Steel

18

Chefoo

Lyons

Singapore Sourabaya

731/731

742/142

737/731 75+b

i up

Briggs Mig.

191*

Reynold Tobac. "B"

Colombo

:20

Malacos Sungai

Dairen

Manila

קטן <

Budd M'facturing Corp.

31

Schenley Distillers

94

Foochow

Muar

Canadian Pacific R'way

3

Shell Union Oil

148

Celanese,...

191

Socony-Vacunum Oll

Bankow

1

Market Report

FROM ROZA BROS.

Monday, May 25. Sliver prices were quoted this morning at 23.7/16. for both Ready and Forward, was unquoted..

American

The London New York cross-rate was quoted at 403.1/2.

Total sales for the day:-67 lots.

NEW YORK COCOA

September

14.90 N 15.11/16

15.00/00 15.19/19

10 up

Chesapeake & Ohio

35

Southern Pacific

11t

Harbin

,08 up

Chrysler Corpn.

567

Southern Rly 35 pid.

237

Iloilo

Columbia, Gas & Elec.

24

Spicer Manufacturing Co.

28*

Ipoh

Peiping

Penang

Commercial Credit Co

221

Standard Branda

Com, & Southern (Ord.)

5/16

Stand Gas & Elec.

7/16

7.52 N

Closed

Consolidated Edison

177

Standard Oil of N.

36%

Silver NEW YORK SUGAR NO, 3

July

Consolidated O

དྷྭ་

Studebaker Com.

42

September

-2.43b/44a - 2.43b/448 2.46b/47a 2.46b/47a

Copperweld Steel

13.

Swift International

183

unch.

urch.

Ourtlas Wright IC.)

Technicalor

8)

quoted on application.

Douglas Aircraft

664

Texas Corpn.

MARKET

Quiet.

Volume of business "done:-20 lots

NEW YORK SUGAR NO. 4

July

Du Pont de Nemours

1431

Trans-America Co.

SAFE DEPOSIT various sizes to let

.83b84a 841b/.85a Volume of business done:--59 luts NEW YORK COPPER FUTURES

July

.01 up

Eagle Picher Lead ...... Elec. Autolite

79

20th Cant. Fox.

5*

26

Union Bag & Paper Corp... 10.

Elec Bond & Share........ Elec. Bend & Share $5 pt.

NEW YORK COTTONSEED OIL

July

11.755/95 11.75b/94a

10.68h/75a 10.70/70

unch.

Bec Band Share 36 pt. Elec. Power & Light Spf. antirote

Gen. Electric

.02 up

3en Motors

Gen. Rallway Signal

Gen. Tire & Rubber

10.000

10.07/07"

07 up

Goodrich (BF)

for near

forward, and

September

"

N.Y. Official Sver

04 up The First Notice Day for September black pepper is Aug. 26 and last trading day is September 23.

Goodyear Tire & Co.

6.23/23 6.275/30a

Great Northern Iron Ore ...

:

Great Northern Rly, pid.

Great Western Sugar

int Nickel

34-3/4 unquoted,

Inter. Paper & Power

N.Y.-London Cross Rate

4.03-1/2 4.03-1/2

Int. Tel. & Tel.

Johnsman

1940/41

STERLING

There were sellers at 13 July and probably August. buyers at 1/3.1/32 for any delivery.

U. S. DOLLARS

Some business was done during the course of "the morning at 24.-

7/16 for near and forward.

NEW YORK ·LARD

The September

market closed at 1 pm, with sellers NEW YORK BLACK PEPPER at 24.7/16 for near and

buyers at 24.1/2

forward...

SHANGHAI DOLLAR'S '

Opened with sellers ar 451.1/4 at 451. The with business done market closed at lunch time with allers 1 450.1/2, buyers at 451.

.. SHANGHAI MARKET Sterling opened with sellers al with 3.5/16 and closed, steadier sel'ers at 3.21/64 for Spot, U.S. reported at Dollars sellers were" 5.13/32 for Spot.

AFTERNOON MARKET

Quiet..

STERLING There were sellers at 1/3 up to August, buyers at 1/3.1/32 for any

delivery.

U, S, DOLLARS Closed with sellers at 24.7/16 for near and forward, buyers at 241/2 for any delivery. "

SHANGHAI DOLLARS

Opened with sellers at 450 with £ame business done at 449.12. The market closed with sellers at 449. buyers at 449,1/2.

SHANGHAI MARKET Closed with sellers of Sterng at 3.21/64 and US Dollars at 5.7/18 for Spot.

LONDON STOCK

EXCHANGE

(REUTER'S SERVICE)

London, May 23. The following quotations are the middle prices at the close of the market in London. All quotations are subject to confrmation and no responsibility is assumed for errors in transmission.

H.K. Stock Exchange

BUYERS

Bank of East Asia, 571. HK Fire Ins., $176. Indo-Chinas (Pref.), sw. Docks, $14.80. Hotels, $2.35. Lands, $31.-

Realties, $270.

£

Trams, $15.75.

War Loan. 31% (Red,

after 1962)

103-9/16.

1018 Defence Loan, 3% Janton-K'loon Rly, 5% 9 Chinese 41% Gold Luan

Chinese 6% Gold Bonds.

1925/AT

chin. 44% Anglo-Frencb

Loan 1908. Chinese 5% Crisp Loan.

1912

Lights (0), $5.70. Lights (N). $1.20. Macao Electrics, $18.70. Cements, $13.35. Ropes, $6,70. Entertainments, $6.25.

OPIUM SUPPRESSION

1898 (Brit. Issue) .....

38

38

SELLERS

Ropes. $7.

37

21

SALES A.K. Banks, 31310/123, Providents, $5

Jhinese 5% Reorg Loan,

1913 (Ld. Is.)

Electrics Rts:;, $11.

29

Cements. $13.50, -- -

Opening

0/3-3/16

5-3/18

22 17-5/8 nominal 21-1/8

Chinese 8% Ster. Notes,

1925 (Vickers) Chin. Imperial Rly. 5%

Loan Henan Rly. 5% Aukuang Rly 5%, 1911...

(LF. N/Y Issue) 14 Hukning Rly. 5%, 1911

.German Issue) Lung Tsing & U: Hál

Rly. 5% 1913

7-9

48 10

13

9

14

Shanghai Exchange

Shanghai. May 26 (Reuter).

Official T.T Rates

London

New York

Japan

India,

Parts Hongkong

Sterling

Spot

May June

Spot June May

Bellers

Opening Closing 0/3-5/16 0/3-21/64 0/3-5/16 0/3-21/64 0/3-5/16 0/3-21/04

B.6. Dollars

$5-13/32 $5-13/32. 5-13/32 5-13/32 5-13/32 5-13/32

Market:let

The

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

The Equalisation rate was 24

per cent;

6'hai-N'King Rly. 5%

སྐྱག འ

10

Tientsin-Pukow Riy, 5%

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

"10 Tientsin-Pukow Rly. 5%

Brit. 8tpd: Supl. Loan) 10" Tientsin-Pukow Rly. 5%

(Ger, Stpd. Bupl Loan) 10 Jap. 6% Ster. Loan, 1924 221-27 Ger, 7% Intl. Loan, 1924 5 Chartered Bank H.K. & 8'hai Bank (Lda.

Reg.)...... HK. & Shai Bank (Col

Peg) Chinese Eng. & Mining

(bearer)

Choson Corporation

Mercantile Bank of In

dia. £5, "G"

Perin Syndicate

IN KIANGSI

KIAN, May 26 (Central) In commemoration of the successful completion of the 6-Year Oplum Suppression. Programme, the Klangsi Provincial Government has decided to erect an Oplum Sup- presston Hall in Klan, construction of which is to be started abortly.

18/-

'hai Elec. Constr. Co.... S'hal Waterworka "A" ... 15 Union Insurance

22 Gula Kalumpong Rubber 15/- Lun Mid & Spot. Rhy, 12 Great Western Rly.

332

National Bank of India 31 B:-A, Tob (bearer)

88/11

87

Dunlop Rubber

32/71

Bristol Aeroplane

10/-

75

Imperial Chemical Ind. 30/9

United Steel

22/9

-76

Woolworths

48/41/

Marunan Investments

8/3

11/

Western Holdings..

11/-

41-

Sub-Nigel und

143/9

Whell

Tran & Trad

11

· (DeBrer)

40/7

1/-

bid

སྒྱུ ེད་སྤང་

High Low Dow Jones Averages 162.80 111.84 30 32.67 22.15 20

26.43 18.90 20 92.19 83.08 40 69.76 48.74 11

Industrials

Rails

GAS-CHARGED

TREES

HONGKONG

SHAREBROKERS

ASSOCIATION

Volume of Business Transacted on Monday, May 26, 1941. SALES

Banks

H.K. Electrics Rts.

"

SYDNEY.--A station hand on Queensland selection recently dis- covered a totally unexpected, gos supply

Young HK. Chopping down

Cements saplings for supralls hs detected a.

HK. Docks hissing noise, followed by an escape of gas! Felling another sapling the same thing occurred.

Experimenting, the tree-reller struck a match and held it close against the hollowed out cut. Flar Ing up it burned with the fierce- ness of a blowtorch for minutes. The fact that this dis-structed distilling plant, is belleved around for the trees trict abounds in shale, from which to account

several

*፡፡

5 $1,310.00

over U.S.33,800,000,000.

500

13.50

D. L. BALLANTYNE,

100

14.80

200

14.80

... 100

11.00

50

11,00

$55

WANT-ADS Cheap!

ARE

The total value is $19,390.00.

oils and Detroi have been success that locality being charged with fully extracted on a locally con- ' gsa.

INDO-CHINA

Helbourne

Bateria

Manila

Valentia

Haiphong

Nagreata

Bankow

Now York

Hanolala

Paris

Kate

Pelping

Shanghai

TANDORTE

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

TO-

SWATOW, SHANGHAI, TRINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

SINGAPORE, PENANG and CALCUTTA

SANDAKAN

HAIPHONG

All steamers berth alongside

the Roosevelt Terminal in the French Concassion at

Shanghai, where passengers and cargo are landed.

For further particulara ·

please apply to

JARDINE MATHESON&Co.,L TELEPHONE ZOZILD GENERAL MANAGERS ·

**(BRANCHES ALL OVER CHINA)

Owing to our numerous Branches in China and wonnections in the principal Commercial Centres of the World, we are able to extend to our Clienta special facilities for Domestic and Foreign Banking and Exchange.

Head Office:-SHANGHAI Hong Kong Branch:

4, QUEEN'S ROAD, O. South China Offices.

CANTON

SWATOW

KONGMOON TOISHAN

SHIUCHOW KINGCHOW

We also handle the issue of Bonds and other Publio" Funds of the Chinese Government both at Home and abroad.

SHOU

CHEN,

Manager.

2

Union Pacine

80

541*

United Aircraft

39

59*

United Airlines Trans

94

33*

United Corpn.

12

United "Corpn. $3 cum pl.

214

Patani Swatow Haiphong (Johore) Tientsin

Mukden Tokyo

New York Tsingtao

Yokohama

CURRENT ACCOUNTS opened

NEW YORK PRIPING

TOKOHAMA

(Peking)

FOREIGN EXCHANGE and General Banking Business transacted.

CORBENT ACCOUNTS opened and FIXED DEPOSITS received for Ou Year or shorter periods in Local oz Other Currencies at rates which will be quoted da application.

SAVINGS ACCOUNTS also opened in Local Currency and. Sterling 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 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

BOXES of!

TRUSTEE and EXECUTOR business' undertaken. Hongkong. 26th February, 1941.

HONGKONG SAVINGS

BANK

terms, which may be ascerta'ned at any of the Agencies and Branches.

W. H. EVANS THOMAS,

Manager.

HAIPHONG HANKOW

29

United

Gas Improvement

7

377

US. Rubber

210

The Business of the above Bank

121*

U.S. Steel

527

is conducted by the BONGKONG

101*

Vanadium

234

321

Vultee" Aircraft

5

161*

Walworth Co.

41

ed ou application.

15

Warner Bros, Pict.

31

251

Westinghouse Elec,

8B1

BANKING CORPORATION.

231*

Woodward Iron Cor.

26*

+34)

Chase National Bank

237

131

National City Bank

242

21*

Libby. Monel Libby

58

THE CHASE BANK

DOW JONES AVERAGE

May 25, 1941.

May. 23, High Low Close

116.72

27.70

.116.90 116.32 116.64

97.78 37.65 27.74,

Change .09 of

HEAD OFFICE:

.01 off

Utilities.

16.90

-17,01 16.98 16.99

.09 up

Bonds

91.15

01.18

Commodity Index

68.87

68.00

.01 up .03 up

Business Done:-160,000 shares

"BANK OF EAST ASIA,

LIMITED

& SHANGHAI BANKING COR-Authorised Capital......$10,000,000:00 PORATION. Rules may be obtain-Paid-Up Capital

For the Hongkong & ShANOMAI

V. M. GRAYBURN,

Chief Manager. Hong Kong, 25th Feb., 12389.

Reserve and Undivided

Profita

5,598,800.00".

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

Board of Director.

HON. BIR SHOTSON CHOW, Chairman Li Koon Chua, Eng Li Laa Sang, Eng. P. E. Kwok, Esq. Wong Chu Son Esq.

13, QUEEN'S ROAD, CENTRAL Wong Y Tong, Esq. Fang Ping Wch Esq.

Chan Ching Shek, Esq.,

KAN TONG Po, Esq., Chief Manager Hos. Ma. Li Taɛ FONG, Manager

18, PINE STREET,

NEW YORK. An American Bank offering com-

plete Foreign Banking Service Amoy in the principal Markets of the Bombay world.

Interest Rates on Application,

SAFE DEPOSIT BOXES

Branches and Agencies:

Kowloom PIDADA Singapore Loudon Напрокти Bourabaya

Baigo

Bestow

San Fran. Brdnor

cimo Liontin

Henttle

Bemarang

Every description of Banking and

This Bank is entirely owned by Exchange business transacted. Loan THE CHABE NATIONAL BANK, granted on approved securities. NEW YORK, with Resources of

Manager.

Current Accounts opened in Local Currency and Fixed Deposits re- shorter ceived for one year or periods in Local and Foreign Cur rencien on terms which will be quoted on application.

BATE-EPOSIT "BOXES TO LET.

KAN TONG PO,

Chief Manager.

2,383,201.50

i

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