(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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