1941-06-02 — Page 10

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MONDAY, JUNE 2, 1941.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital. 850,000,000

INDIA, AUSTRALIA

AND CHINA

NEW YORK

TSINGTA YOKOHAMA PIPING (Peking)

Prev. Today's High Low Close Close

13.07 12.99 13.08. 13.05

923

72+

14.51 closed

Closing

13.23/23

13:33/33

13.28/28

13.29 N

13.25 N

13 29/30%

13.27/27

13.24/24 13.53

13.23/23 13.55

Total sales Thursday:--88,000 bales,

י.

22.12b 31.80/50 21.25/30

CLOSED

20.80/80

July

September

48 1/4

149,1,2

CHICAGO CORN

July

September.

......933/937 95/95*

944/943 96/961

PACE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

MAY 31, 1941,...

On London:

Telegraphic Transfer. 1/2.7/ Bank Bilis, on demand 1/2 7/ Credits 4 months' sight

440

"On demand 52 3/4

On Shanghai:-

On demand

On Singapore:-

On Japan:-

On demand

On India:-

Telegraphic

NEW YORK COMMODITY MARKET

(REUTER'S SERVICE)

NEW YORK. May 31. 1941.

New York Catton. July New York Rubber, July Chicago Wheat, July Chicago Corn, July New York Hides. June

NEW YORK COTTON

July

October

December

January

102 1/2

March

May

Spot

NEW YORK RUBBER

July (New contract) September ( } December

Tranister.

and demand 82 0/9

On New York:-

Bank Bills, on demand 24 1/8 Credits, 60 days' sight 24 7/8

On Batavia-

On demand. 45 1/

On Paris:-

Bank Bills, on demand Nom. Credits 4 months' sight No.

On Saigon:-

On demand... 104-1/2

March

CHICAGO WHEAT"

13.08/08 13.05/05

.13.34/25

FOL

NEW YORK STOCK EXCHANGE

QUOTATION

(REUTER'S SERVICE)

JUNE 1, 1911.

Last Sale

Change

.03 off

Sterling

STOCKS

Last Salu

22,125 closed 932 941

May 31

Adams Express

Johnsmanville.

£6,500,000 Paid Up Capital E.K. Currency Reserve $10,000,000 Reserve Fund Reserve Liability of

Proprietors

Issued & Fully Paid-Up 820,000,000 Incorporated by Royal Charter, 1858

Reserve Funds':

£3,000,000.

£3,000,00

$90,000,000

Reserve Liability of Pro-

prietors.....

£3,000,006

1. up

Alleghany Steel Co.

21*

Kelmecott Copper

HEAD OFFICE; LÖNDON:

35-1

Allis Chalmers

Libbey-Owens-Ford Glass 28

Head Ofce:-HONG KONG

...

Change

Amer. Can.....

78+*

Lockheed Aircraft

American Cyanamid. B

358*

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

03 off

Amer. & Foreign Power

Martin, Glen L. Co.

274

.01 off

Amer & Foreign $7 pf.

17%

Montgomery Ward

331

05 of

Amer, Locomotive Co.

National Aviation

Bourd of Directora: Hon. Mr. J. J. Paterson,

W. H. Lock, Esq.,

04 of

Amer. Metals

167*

Nat, Dairy Products

Chairman.

Deputy Chairman.

.02 of

Amer. Radiator

National Distillers

J. K. Bousfield, Esq.,"

198

01 off.

Amer. Rolling M

13}

Nat, Fower & Light.

A. H. Compton, Esq.,

L. J. Davies, Esq.,

.02 up

Amer. S'ting and Ring Co.

401

National Supply Corp.

Hob. Mr. S. B. Dodwell,

39, Bishopsgate E.C.2.

Sub-Agencles in London: 117122, Leadenhall Street, E.U.B West End Branch:

14/16, Cockapur Street, B. W 1 Manchester Branch:

32. Mosley Street, Manchester, L

AGENCIES AND BRANCHES -

HON TON FENANG

ALUR STAR

Amer. Sugar Refining

14.

New York Cential

G. Miskin, Esq...

Amer. Tel, & Tel"

1501

Niagara Hudson Power

AMITHAR

BANGKOK

E. S. Morrisac, Esq.,

Amer. Tobacco "B"

623

N. American Aviador

Amer. Waterworks

የቱ

North American Co. (New)

Anaconda Copper

261

Northern Pacific

Atchison, T. & 9, Fe,

261

Packard Motors

Aviation Corp.,

Hoo. Mr. T. E. Pearce,

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

BATAVIA

BOMBAY

Chief Manager. FAIRLIK PLACK

Paramount Pictures

102

Baldwin Locomotive Co.

Pennsylvania R.R.

244

Baltimore & Ohlu

Phillips Petroleum

418

Any

Branches: Johore

Barnsdall Ol

Pullman Inc..

Bangkol Köbe

Bendix Aviation

346

Pure Oll

Batavia

Thursday's sales:-16,454,000 bushels.

Bethlehem Steel

691

Radio Corpn. of. Am.

Bombay

Lowla Kuala

Bliss & Co... EW. (com.)...

141

Reading Company,

Com

144

Boeing Airplane Co.

14)

Remington Arms Co., Inc.

Canton

23 7/16

.CROSS

Market Report

FROM ROZA BROS..

Saturday, May 31. Silver prices rose 1/18 yesterday for both deliveries, the quotations being 23.7/16 for both Ready and Forward, Silver advices reported the market as being steady with no business done, American market was closed yesterday,

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

NEW YORK HIDES

September

NEW YORK COCOA 4.

September

NEW YORK SUGAR NO. 3

July

September

NEW YORK SUGAR NO.

July

June

738/731 734/734 748/741 743/743

14.51 51 -14.86/65

CLOSED

מנוי!

Borg-Warner

161

Republic Aviation Corp.

Chefoo

Briggs Mfg. Co.

194*

Republic Steel

Colombo

Malacca

.181

Bidd M'facturing Corp.

Reynold.. Tobac, "F"

Dairen Foochow

Manila

Mcar

Francisco AIPHONG Calcutta Lumpur Shanghai HANKOW London Singapore

FOR Lyons Saurabaya

Sungei

Swatow

Rangoon Saigou San

CANTUN CAWNPOR CONTI COLOMBO

DELHI

ILOILO

RANDOON

IPOE

SAIGON

CALCUTTA

FARACHI KLANG

ARREMBAN

SHANGHAI

SINGAPOR

AGENCIES J CLAVE STEZET

BITLAWAN

KUALA

SOUEAMATA

LUMPUR

TAIPING

KUCHING

TLINTAIN

MADRAS

TONGKAR

MANILA

(Bhuket)

MIDAN

Pataci

Canadian Pacific......

Schemtey Distillera

104

Celanese Corp.

198

Shell Union ou

141.

Chesapeake & Ohlo

35)..

Socony-Vacunùm Oll

Bankow Harbin

Mukden

Tokyo

Chrysler

550

Southern Pacie

Iloilo

Columbia Gas & Elec.

Scuthern Rly $5 pfd........

1poh

7.35 N

CLOSED

Commercial Credit Co. Com: & Southern (Ord.)

231

Spicer Manufacturing Co

301

Standard Branda

Consolidated Edison Co..

Standard Gas & Elec......

2.476/48a 2,50b/612

CLOSED

Consolidated Of

Standard Of of: N.J.

36+

Copperweld Steel

13**

Studebaker Com,

Curtiss Wright (C.)

Swift International

181*

Distillers Corp. (Seagrama). 131

quoted on application.

Technicolor

AB+b/.82a

CLOSED

Douglas Aircraft

-684

Texas Corpo.

39)

Du Pont de Nemours

143

SAFE DEPOSIT various sizes to let.

NEW YORK COPPER FUTURES

July

Trans-America Co.

Eagle Picher Lead

11.80'b/94a CLOSED

20th Cent. Fox Film, Com.

51*

"TRUSTEE business undertaken.

and

Elec. Autolite Co,

251

Union Bag & Paper Corp.

102

NEW YORK COTTONSEED OIL

July

Elec" Bond & Share

Union Pacific

781

Elec. Bend & Share $5 pf.

541

United Aircraft

38+

10.38/38

CLOSED

Mec BondShare 36 pr. Elec. Power & Light 7 pf: rintkote ...

United Airlines Trans

314*

United Corpn

2.08b

9.87/87

.0% up

United Corpn. $3 cum pf.

214

NEW YORK BLACK PEPPER

September...........................

Gen. Electric

28+

United

Gas Improvement

日

BANK OF EAST ASIA,

LIMITED

Gen Motors

367

US. Rubber

201

6.08b/13a

is conducted by the BONGKONG

CLOSED

Gen. Railway Signal

134*

U.S. Steel

Gen. Tire & Rubber

Vanadium

234*

Gandrich (B.F)

Vultee Aircraft

ed on application,

Goodyear Tire & Rubber

181*

N.Y. Official Süver N.Y.-London Cross Rate

Walworth Co.

34-3/4

4:03-3/4

unquoted 4,03-3/4

Great Northern Iron Ore ..

144*

Warner Bros. Piet.

BANKING CORPORATION.

Great Northern Rly, pfd

257*

Westinghouse Elec.

Great Western Sugar

23-1

Woodward Iron Cor.

280*

Inter. Nickel

Inter. Paper & Power

242

Chase National Bank

281*

Hong Kong, 25th Feb., 1830.

National City Bank

241*

Int. Tel. & Tel. (Fon, Is.) **

Libby, McNeil

THE CHASE BANK

DOW JONES AVERAGE

1940/41

June 1, 1941.

May. 29, High. Low Close

116.23

116.60 115.57 135.76

27.57

27:40 27.35 27.43

Utilities Bonds

16.95

16.32 16.86 18.90

97.12

Change .47 off .14 of 0% of 07. up

On Manila:-

On demand

On Bangkok-

On demand

On Sterling Noter:-

Bank Buying Rate. Nour.

Bar Silver per os......

Quiet.

MARKET

STERLING

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

U. S, DOLLARS

NEW YORK LARD

No business was reported. There were sellers at 24.3/8 for near and last forward, buyers at 24,7/16 for Cash, SHANGHAI DOLLARS

Business was done during the course of the morning at 452, 452.- 1/2 The market closed with pos sible sellers at 453.1/4.. buyers at 452.3/4 for Spot.

SHANGHAI MARKET Opened" with sellers of Sterling' at 3.21/64 and closed with sellers at 3.5/16 for Spot. US Dollars opened with sellers at 5.13/32 and then receded to 5.3/8. At the close there were sellers at 5.13/32 for Spot.

Shanghai Exchange

Shanghal. May 31 (Reuter).

Official TT Rate

London

New York

India

Jepan

Paris

Hongkong

Sterling

Bellers

Opening Closing Spot.... 0/3-21/64 073-5/16 May

0/3-21/64 0/3-5/16 June ...... 0/3-21/04 -0/3-5/16

U.S. DollarA

Spot...

May

$5-13/32

5-13/32

September

The First Notice Day for September black pepper is Aug. 28 and

trading day is September 23.

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

London, May 30. 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

transmission.

War Loan, 3% (Red,

after 1952)

ཆ་

H.K. Stock Exchange

Saturday, May 31. BUYERS

HK. Banks, $1,310,

Bank of East Asia, $71. H.K. Fire Ins., $176.

HK. and K., Wharves. $88.

Docks, $14.70.

Providents, $5.

Telephones (Old), $22.25, Ropes, $7.

SALES

Electrics Rts., $11.

HONGKONG

SHAREBROKERS

ASSOCIATION

Volume of Business Transacted

High Low Dow Jones Averages 162.80 1L1.84 -30 Industrials

32,67 22.16 20

Rails

28.45 18.62 20 92,19 .83.06 40 69.76- 48.74 11 Commodity Index 07.93 ·

LONDON METALS

EXCHANGE

London, May 30 (Reuter).

T. Standard, Cash. Middle

Price, £263-1/4,

01.19

Business Done:-) 10,000 shares

WASTE RUBBER..

EXPORT

LONDON, June 1 (Reuter)

The disclosure that waste rubber

was being exported from Britain

Tin, Standard, 3 months. Middle to America was made at question Price, £284-7/8.

hours

SHANGHAI DOLLAR

SHANGHAI, June 1 (Router)

time in the House of Commons.

The Government spokesman de- clared it would be contrary to the public interest, to reveal de- talls of the British export trade. He gave all assurance that rubber

The Shanghai dollar's purchasing 'shipped to America is 2 surplus power reached a new low in May, to home manufacturers require- according to the latest statisments for reclaims.

tics issued yesterday by the

Shanghai Municipal Couneli,

Compared with 1938 the local At the same time the cost of HIV- dollar in May was only 12.45 cents" ing took another upward turn.

Haiphong (Johore) Tientsin

New York Tsingtao" Peiping Yokohama Penang

EXCHANGE and Gentra) Banking Business transacted.

CURRENT ACOUNTS opened and FIXED DEPOSITS received for One Year or shorter periods in Loos) 01/ Other Currencies at rates whiol will be quoted un application.

SAVINGS ACCOUNTS "also opened in Local Currency and Sterling with interest allowed at rates obtainshla

CURRENT ACCOUNTS opened on application.

in Local Currency and FIXED DE-

The Bank'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

BOXES of

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,

Manager.

SHANGHAI BANKING COR-Authorised Capital.....$10,000,000.00 PORATION. Rules may be obtain- Paid-Up Capital... 5,598,800,00

For the HONGKONG & SHANORAL

-V. M. GRAŸKURN,

Chief Manager.

15, QUEEN'S ROAD, CENTRAL

HEAD OFFICE:

18, FINE STREET,

NEW YORK An American Bank offering com- plete Foreign Banking Service in the principal Markets of the world.

Interest Rates on Application,

SAFE DEPOSIT BOXES

This Bank is entirely owned by

Reserve and Undivided

Profita

1.2,983,261,50

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

Board of Directory HON. SIR SHODSON CHOW, Chairman

Xà Lan Bang, E Wong Cha Son

Li Koon Chan, Esq. P. K. Kwok, Esq.

Wong Tan Tong, Esq. Fang Ping Wah Esq. Chan Ching Bhak, oq,

KAN TONG Po, Esq.,, Chief Manager HON. MR. LI TE Fоro, Manager

Branches and Agencies:

Kowloos

Loudan

Manila

Penang Singapore Hasgaon Bourabaya Baigon Bustow

Sydzy

may Stars

Bombay

Calostte

Helphons

Bankow Honolafu

How York Seattle

Parik

Petring

..Shangr

Melbourne Bax fra Nagaska

ciao Tontu

VANCOATS

Semarang

Every description of Banking and Exchange business transacted. Loan THE CHEE NATIONAL BANK, granted on approved securities."

NEW YORK, with Resources of over U.S.$3,800,000,000.

D. L. BALLANTYNE,..

Manager,

WANT ADS are Seen!

INDO-CHINA

Hotels, $2.85.

Opening

0/3-1/4

Defence Loan, 3% Canton-Kloon Rly. 5% 9 Chinese 41% Gold Loan

103-11/16

1011

Lands, $31:

Realties, $2.70.

Trams, $15.90.

Lights (Old), $5.70.

5-1/4 12. 22-1/4

1898 (Brit. Issue ...... Chinese 8% Gold Bonds,

1925/47

Lights (New), $1,20

Macao Electrics, $18.65. Ropes, $8.75.

Market steady. After "cash" was 10/- higher.

nominal 21-5/8

Chin. 41% Anglo-French

Loan 1908

SELLERS

374

Chinese 5% Crisp Loan.

Decks, $15.

1912

"21

Chinese 5 Reorg, Loan,

1913 (Ldn. Is.)

Chinese 8% Ster. Notes.

1925 (Vickers)

Trams, $16.00.

7-9

$5-3/8

Chin. Imperial Rig. 5%

Loan Jonan. Rly, 5%

10.

5-2/8

Hukuang Rly 5%, 1911...

LP. N/Y Issue)

Hukuang Rly. 5%. 1911

.German Issue> Lung Tsing & U. Hal

Ely. 5% 1913 s'hal-N'King Rly. 5%.... Tientsin-Pukow Rly. 5%

(Brit. Stpd.) Tientsin-Pukow Bly. 5% (German Stpd.)......... Tientsin-Pukow Rly. 6% Brit. Stpd. Bup), Loan) flentsin-Pukow Rly. 5%.

(Ger. Stpd. Supl. Loan) 10 Jap. 5% Ster. Loan, 1824 Ger, 7% Intl. Loan, 19245 Chartered Bank

H.K. Docks

200 $14,80 H.K. Electric Rights 100 Macau Electrics... 1000

1300 The total value is $22,710.00.

224

Lon., Mid, & Scot., Rly. 12

HK, & Shai Bank (Ldn.

Reg.)

Great Western Rly.

323

National Bank of India 31

HE, & Shai Bank (Col

Pegy

B-A. Tob. (bearer)

BB/11

Dunlop Rubber

33/1

Chinese Eng. & Mining

(beater) Chosen Corporation...... Mercantile Bank of In-

dia, 96, "G", Pekin, Syndicate ..........

Bristol Aeroplane

10/3

1077

Imperial Chemical Ind. 31/

41-

United Steel

23/44

Woolworths 12.

48/6

11/

Markman Investments

6/3

1/-

Western Holdin an

11/-

S'hal Mec Constr. Oo.

· 10/

Sub-Nigel

141/3

02-10

B'hal Waterworks “A”

15.

| Whell *Tran & Trad.

62.08

Union Insurance

(pearor)

41/3

$2-07

Gula Kalumpong Rubber 16/-

June

5-13/32 ..5-3/8

Market:Quiet.

Silver Duty Rate

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

The Equalisation rate was 24-1/4 | per cent

Calcutta Exchange

Calcutta, May 31 (Reuter). T.. on Japan, 81-1/2

India Kupee Paper

Bombay, May 31 (Reuter). Govt, 34% Rupee, 05-14-0,

-SILVER MARKET-

BOMBAY SILVER Bombay, May 31 (Reuter). . Market-Qulet. Offtake 50 bara.

Indian Mint Sliver

Ready! June 20. Bettlement. July 18 Settlement

on Saturday, May 31, 1941. SALES

Current Accounts opened in Loast- Currency and Fixed Deposits re- ceived for one year or shorter periods in Local and Foreign, Cur rencies terma which will N quoted on application.

SAFE DEPOSIT Born To Lat.

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

11.00 Operating Services for Cargo and Passengar. 18.65

TO-

SWATOW, SHANGHAI TSINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

SINGAPORE, PENANG and CALCUTTA,

SANDAKAN

HALLHONG

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

For further particulars

please apply to--

JARDINE MATHESON&Co.,LTD TELEPHONE ZOSIL · GENERAL MANAGERS

(BRANCHES ALL OVER 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

SHIUCHOW.

KONGMOON TOISHAN KINJCHOW

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

1941-06-02 — Page 10

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