1941-06-03 — Page 10

Daily Press 孖剌西報 All

Francisco AIPHONG Calcutt Lumpur Shanghai HANIOW

MRDAN

NEW TOEK

(Bhuker) TELNOTAL

YOKOHAMA

PIPING (Peking)

(REUTER'S SERVICE)

NEW YORK, May 31, 1941.

High Low Close Close Change 13.0 12.99 " 13,08 13.05. 03 off

22.12b closed

944 $24

933

734 124

Close

Closing

13.08/08

13.05/05

103-11/16

13.24/25

15.23/23

Defence Loan, 3%

1018

13,33/33

13.28/28

Danton-Kloon Rly. 5%

$

January

13.29 N

13.25 N

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

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 in transmission.

War Loan, 3% (Red.

after 1962)

£

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

NEW YORK STOCK EXCHANGE

QUOTATION

'(REUTER'S SERVICE}

JUNE 1, 1941, '

Last Sale

STOCKS

Johnsmanville

Kennecote Copper

| Loew's. Inc.

Martin, Glen L. Co. Montgomery Ward National Aviation Nat, Dairy Products

HONGKONG &

Authorised Capital.

.............. 850,000,000

Prev. Today's

TUESDAY, JUNE 3, 1941.

BANKS

SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

INDIA, AUSTRALIA

AND CHINU

Issued & Fully Paid-Up 20,000,000 Incorporated by Royal Charter, 1834

Reserve Funds:" Sterling

STOCKS.

Last Sale

May 31

May 31

up

Adams Express

57

$20,000,000

£8,500,000 Paid-Up Capital HE. Currency Reserve $10,000,000 Reserve Fund Reserve Liability of

Reserve Liability of Fro- Proprietary

pristors

£3,000,000

*31 TSA A up 14.61 closed

Alleghang Steel Co.

21*

352

Allis Chalmers

-251

Anter Can

79)*

| Libbey-Owens-Ford Lockheed Aircraft

Glass

Head Office:-HONG KONG"

+

28

23

Change

American Cyanamid B

351*

28

.09 off

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

Amer. & Foreign Power...

272

.0% off

Amer & Foreign $7 pt.

17:

331

.05 off

Amer, Locomotive Co.

W. H. Lock,, Esq.,

13

B*

04 off

Amer, Metals......

Deputy Chairman.

187

131

Chinese 41% Gold Luan

"I

March

13.29/30

13.27/27

.02 0

amer. Raddatait

B+

National Distillers

J. K. Bousfield, Eng.,

197

1898 ( Issue

38

May

Chinese 5% Gold Honda.

1925/47

Spot

13,24/24 13.53

13.23/23

.01 off

Amer. Rolling Mill

131

Nat, Fower & Light

A. H. Compton, Esq.,

51

13.55"

.02 up

L. J. Darien, Esq.,

Amer. Sting and 'R'ing Co.

401

National Supply Corp.

51

Hon. Mr. 5. H. Dodwell,

38

Total sales Thursday:88,000 bales,

Amer. Sugar Redning

14

New York Central........................

12

G. Miskin, Esq.

Chairman.

....£3,000,00% HEAD OFFICE: LONDON:

38, Bishopsgate E.0.9. Sub-Agencies In Landea: 117) 122, Leadenhall Street, E.C.. West End Branch: 14/16, Cockapur Street, 8. W 1 Manchester Branch:

62, Mosley Street, Manchester, 1.

AGENCIES AND BRANCHES.

HONG KONG FIRANO MOILO

ALOR STAR

AMR: TUAR

LANGOON

Chin. 41% Anglo-French

Amer. Tel, & Tal

1501

Niagara Hudson Power

21

E. S. Morrison, Esq.,

BANGKOK

BATAVIA

Loan 1908

37

NEW YORK RUBBER

Amer. Tobacco "B"

621

N. American Aviation,

131

Hon. Mr. T. E. Pearce,

1POE

KABACE)

SALGON

BERIMBAN,

BOMBAY

Chinese 5% Crimp Loan.

July (New contract)

22.12b

Amer. Waterworks

41

North American Co. (New)

13

1912

24

September (

21.80/80

Anaconda Copper

201

Northem Pacine

Chinese S Reorg. Loan.

December {

21.25/30

CLOSED

Atchison, T. & 8. Fe.

261

Packard Motors

21

1913 Lan. Is.)

31

March

20.80/80

Aviation Corp.

32

Paramount Pictures-

Hon. Mr. A. L Shields, Sir Wandeleur M. Grayburn, AGENCIES: KOBE

Chief Manager-FAN PLACE OLIVE r

CALCUTTA ILANG..

SBANGBAT

SINGAPCEI

BITIAWAN

KUALA

SQURABAYA

101

Chinese 8% Ster. Notes:

1925 (Vickers):

Baldwin Locomotive Co.

13

Pennsylvania R.R.

242

Branches:

CANTON CAWNPURI

LUMPUR KUCHING

TAIPING

TIENTSIE

7-9

CHICAGO WHEAT

Baltimore & Oblu

| Phillips. Petroleum

41

MADRAS

Amoy

Johore" Rangoon

TONGKA

Chin Imperial Rly, 5%

Loan

July

937/937

48"

September

951/951

941/943 98/061

Barnsdall OIT

9*

Pullman Inc.....

271

Bangkok

Kóbe

"

Saigon

COLOMBO

MANILA

up

Bendix Aylation

344

Pure Cl

94

Batavia

Kowloon

San

DILHI

Honan Rly, 5%

10

Bethlehem Steel

691

Thursday's sales:-16.454,000 bushels,

Radio Corpn. of Am.

31

Bombay

Kuala

Hokuang Rly 5%. 1911...

Bliss & Co., EW. (com)

141

Reading Company.

Com

141.

(LP N/Y Issue)

CHICAGO CORN

Boeing Airplane Co.

1*1

Remington Arms Co., Inc.

41*

Canton

Loadou

Hukuang Rly. 5%, 1911

July

738/731 731/73+

up

Borg-Wamer

181

Republic Aviation Corp.

Chefoo

31

Булпа

Singapore

Sourabaya

(German. Issue>

September

747/747 743/743

#up

Briggs Mig. Co..

191*

Republic Steel

Jolorub.

Malacca

181

Lung Tsing & U Ha!

Budd. M'facturing Corp.

#1

Reynold Tobac, "8"

Dairen

Kabila

281

Foochow

Riy. 5% 1913

9

NEW YORK. HIDES

Canadian Paciic

3

Schenley Distiller

10+

S'hal-N'King Rly. 5%

14

June

Tiertain-Pukow Rly. 5%

September

14.51/51 14.68/56

CLOSED

Celanese Corp

19

Shell Union. Oil

141

Bankow

Chesapeake & Ohio

351

Socony-Vacunum o

82

Harbin

(Brit. Stpd.)

10

Chrysler

55+

Southern Pacific

11+

Tientsin-Pukow. Rly. S

NEW YORK COCOA

Columbia Gas & Mec.

24

Southern Rly $5, pfd.

Iloilo.. Ipoh

(German Btpd.)

10

September

7.35 N

CLOSED

Tientsin-Pukow Rly. 5

(Brit. Sepd. Supl. Loan) 10 Tientsin-Pukow Ely, 5%

NEW YORK SUGAR NO. 3

July

(Ger. Stpd. Supl, Loan) 10 Jap."6% Ster, Loan, 1934–221 Ger, 7% Intl. Loan, 1924 5

Chartered Bant

J.

K. & Shal ́Bank (Ldn Reg:)

EK. & Shal Bank (Col

Reg)

Chinese Eng. & Mining

(bearer)

Chosen Corporation

Mercantile Bank of In-

dia £5, "0"

Pekin Syndicate

'bai Elec. Constr. Co.

16/-

'bai Waterworks.”A”

15

Union Insurance

22

Gula Kalumpong Rubber 15/-

Lun, Mid, & Sent. Rly 12

ཅ ོང ཞེ ཚེ ཙ

September

2,476/48a CLOSED 2.50b/51a

Commercial Credit Co. Com, & Southern (Ord. Consolidated Edison.co. Consolidated Oll Copperweid Steel

23+

Spicer Manufacturing Co." 304

@

Standard Brands

51

17

Standard Gas & Elec,

19

Standard Ol of NJ

361

137+

Studebaker Com

42

Curtis Wright (C.)

NEW YORK SUGAR NO. 4"

July

Swift International

181*

Distillers Corp. (Seagrams) 131

Technicolor

8*

88b/.82a

CLOSED

Douglas Aircraft

Texas Corpn.

391

NEW YORK COPPER FUTURES

July

Du Pont de Nemours

143

Trans-America

Co.

42

Eagle Picher Lead

B*

TRUSTEE and'

20th Cent, Fox Fim, Com. 51*

11.80b/94a

CLOSED

Elec. Autolite Co.

business undertaken.“

251

Onion Bag & Paper Corp." 10%

NEW YORK COTTONSEED OIL

July....

Elec Bond & Share

2

Union Pacific

781

Elec. Bend & Share 15 pt... 544

United Aircraft

381

10.38/38 CLOSED

fr

NEW YORK LARD

Elec Bond & Share 36 pf. Elec.. Power & Light 1 pr.

59

United Airlines Trans

9

314

United Corpn

Flintkote

September

9:08b

9.87/87

.07 up

| United Corpf $3 cum pi.

210

Gen. Electric

23+

United Gas Improvement

64

BANK OF EAST ASIA. LIMITED

.6.08b/13a

Great Western Rly. ..... 327 National Bank of India 31 BA. Tab (bearer)

88/1

Bristol Aeroplane........ 10/3 Imperial Chemical Ind. 317- United Steel Woolworths .....

N.Y. Official Silver N.Y.-London Cros Rate......

NEW YORK BLACK PEPPER

September

The First Notice Day for September black pepper is Aug. 28 and last trading day is September 23.

34-3/4

unquoted 4.03-3/4 4.03-3/4'

Gen. Tire & Rubber ... Goodrich (B.F)

Gen. Motors

:.361

U.S. Rubber

209

CLOSED

Gen. Railway Signal

131*

is conducted by the EUNGKONG

0.8. Steel

53

Vanadium

23+*

12

Vultee· Aircraft. '..

62

Goodyear Tire & Rubber... Great Northern Iron Ore Great Northern Rly, pfd:

163*

Walworth Co.

4

14

Warner Bros. Pict.

31

257*

Westinghouse Elec,

86

2

Great Western Sugar

234

Inter. Nickel

242

Dnlop Rubber 33/11

Inter. "Paper & Power

14

Woodward Iron Cor. Chase National Bank National City Bank

26+*

284*

241*

Western Holdings

11/-

Sub-Nigel

141/3

23/44 48/6

Maraman Investments -6/3/

hell Tran. & Trad

(bearer)

•-bid

41/3

MONEY AND EXCHANGE

Int. Tel. & Tel. (Fun, Is.)

2*

Libby, McNell

DOW JONES, AVERAGE

-ex ju

1940/41

High

June 1, 1941

May. 29, High Low Close

116.23

114.00 115.37 115,76 27.67 27.45 27.33 · 27.43° 16.95. 16.92 16.8816.90 81.12

Change .47 off

.14 off

.05 of

Jewish Leaders Support

China Relief

leaders

LOSING QUOTATIONS

MAY 31, 1941.

in London:-

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

Jo Shanghai:

On demard

Jn Singapore:-

On demand

Ja Japan:-

On India:-

Low Dow Jones Averages

Industrials Rails Utilities Bonde

16.00 11184 30 3287 22.15 20 26.43 16.82 20 92.19 83.08 40 69.76 48.74 11

91.18 ,07 up

Business Done: 10,000 shares

Commodity Indër) €7.83

BRIAR PIPE PUZZLE

now that bruyere is no longer available, the quest for a subsil- tute has been intensified. That search has in fact been going "on An English wood has been as-since the briar began to supplant covered, after months of research, the clay, the meerschaum" and the to take the place of the bruyere calabash.

pipes are All the forests of root from which briar

the Britlan.

made. 82 5/8

But the name of the wood Empire have been explored. for is a secret,

root as fragrant, as fasting when Great Entain exports eighty per smoked and as comely to look cent. of the world's briar pipes; upon as the Heather bush from and the pipes are not made of the country of the Foreign Le- briar at all. The name is a cor-gion.

52 3/4

On

On demand

Telegraphic and demand New York:

................................ 1'2 1/2

Transter.j

WASHINGTON (By Clipper): Many American Jewish have offered their support of the United China Relief campaign to "raise U.S. $5,000,000 for aid to China, including Rabbi Edward L. Israel, Rabbi David de Sola Pool, Rabbi James G. Heller, and Rabbi Leon Lang, B.A Garside, executive director of the campaign, an- nounced recently at the national headquarters, 1790 Broadway.

Rabbi Israel, accepting a request; Synagogue, New York City: Rabbi to serve as co-chairman of the James G. Haller and Isaac M. Wise campaign National Committee on Temple of Cincinnati, Ohio; and Bank Billa, on demand 24 1/8 Churches and 8ynagogues, urged Rabbi Leon Lang of Philadelphis. Credlis, 60 days' sight 24 7/8 wide, support of its work. "The president of the Rabbinical As On Batavia:- United China Reller campaign."sembly of America. -- (Central On demand he said, "is an undertaking in the New.

finest American tradition

"It is motivated by pity for the utterly unmerited suffering of the great. Chinese people, and by new admiration for their heroie valour and their many other high cul-) tural and spiritual qualities.

BOOTS FOR WAR

I heartily endorse this nationwide i Britain's sole leather tanners in-

On Parla:

4 1/4

Bank Bills, on demand Nom. Credits 4 months' sight Nom. In Saigon:-

On demand

on Manila:-...

On demand

In Bangkok:--

On demand

endeavour to mitigate the evils of creased their output last year by On Sterling Notes:- war and to overcome destitution, almost one half in order to main-

-104 1/2

48 1/4

149 1/2

Now,

Bank Buying Rate sickness and starvation in China"tain the supply of 400,000 pairs of Bar Silver per o£. .............23 7/16

RELIEF LOAD ·

boots a week for the Services." There was at no time any shortage

BA Garside, who is concur- either of these; of boots and shoes Shanghai Exchange

"

rently the executive secretary of for the home market and for over- the Associated Boards for Chris-seas or of leather export. tian Colleges-in China, said in ap- Sixty per cent. of British sole preciation of Jewish support al-leather is tanned from imported ready received: "It 18 especially hides. Last year they were safely heartening that synagogues, which shipped to Britain from more than afe already carrying a heavy re-sixty overseas ports. lief load, wish to contribute to the

Large consignments were recetv.

work undertaken for Chinese reed from the Empire which it is fugees."

estimated possesses forty per cent.)

22-1/4

nominal 21-5/8

ruption of "bruyere," the heather Its discovery may enable Britain root from French North Africa to export pipe woods as well as to round the Atlas Mountains.

maintain an industry for which

For years Britain has been tum. she is retiawned. But what the ing it into 400 different designs new wood is cannot yet be dis- for the world's pipe smokers," and, closed.

الركب

Haiphong

Mnar

Sungei

Patani Swatów

(Johore) Tientsin

Mukden Tokyo

New York Tsingtao Peiping Yokohama Penang

FOREIGN EXCHANGE and General. Banking Business transacted.

COBBENT ACCOUNTS opened and FIXED DEPOSITE received for On Year or shorter periods in Local or Other Currencies at rates. which will be quoted on application.

SAVINGS ACCOUNTS also opened Local Currency and Sterling with interest allowed at rates obtainable 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 periols in Local and Other business, and claims recovery of Currencies on terms which will be British Income Tax overpaid, on

quoted on application."

SAFE DEPOSIT BOXES of various sizes to let.

EXECUTOR

Hongkong. 28th February, 1941,

BONGKONG SAVINGS

BANK

The Busina of the above Bank

terms which may be ascerta'ned st 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. 5,508,600.00

ed on application.

For the HONGKONG & SHANGHAI

BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong 25th Feb., 1930.

THE CHASE BANK

15, QUEEN'S ROAD, CENTRAL

HEAD OFFICE:

18, PIKE STELET,

"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

Reserve and Undivided

Profits

2,983,281,50

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

Board of Director..

HON. SIR BROUSON CROW, Chairman

Li Lan Sang, Ea

Li Koon Chun, E P. K. Kwok, Esq.

Wong Tun Tong, Esq. Chan Ching Shok, Saq.

Wong Chu Son, Esq.

Fang Fing Wah Esq.

KAN TONG PO, Esq., Chief Manager. HON. MR. Li Tas Fono, Manayes

Branches and Agencies:

Репали Singapor

or

Kowlo Lendan

Bombay Cadentia

Mani

Kangoos

Saigon

Halphooy

kokow

doaciala

Para

Pipin

4.03

Sourabaya

SWALOW

Melbourne Haň Fras Sydney Nagranica Naw Tork duate

ciary Tenta

Bemarang

Shanghal

Every description of Banking and

This Bank is entirely owned by Exchange business transected. Loui

NATIONAL BANK, granted on approved securities.

THE CHASS

NEW YORK, with Resources of over 8.$3,800,000,000...

D. L. BALLANTYNE.

Manager.

WANT-ADS are Seen!

INDO-CHINA

Current Accounts opened in Looa!" Uurrency- and Fixed Deposits re ceived for one year or

abortat periods in Local and Foreign Cur rencies

terms which will k quoted on application

SAFE DEPOSIT BOXES TO Lær.

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

BWĄTOW, SHANGHAL, TSINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

SINGAPORE, PENANG and CALCUTIA

"SAND KAN

Shanghai, June 2 (Reuter):

Official TT Rates

TO-

London

Opening

0/3-1/4

New York

5-1/4

Indis Japan Parks Hongkong

12

Sterling

The war time achievement of

Spot June July

pening Closing 0/3-5/16 0/3-19/84

0/3-5/16

0/3-5/16

0/3-19/64 0/3-19/64

35-11/32 6-11/32 6-3/8

Rabbi Edward L. Israel, prest of the world's livestock and from dent of the Synagogue Council of the Argentine where there are America is co-chairman of the usually 60,000,000 cattle in the National Committee on Churches hool. and Bynagogues with Luther A.

Weigle, Dean of Yale Divinity increasing by nity per cent. the School and president of the

sole leather produced from the raw Federal Council of Churches of hides was brought about partly" by Christ in America,

intensifying the methods of pro- Also serving on the committee; duction and partly by a scheme for with Rabbi Israel are Rabbi David regulating ahead the probable de- de Sola Pool, Spanish Portuguese 'mand.

Rellers

U.S. Dollara

Spot

-$5-3/8 June....... 5-3/8 July 5-3/8 Market:-Quiet.

HA FHONS

All steamers borth alongside the Roosevelt Terminal in the French Concession" st Shanghai, where passengers and cargo are landed.

For further particulars

please apply to

JARDINE MATHESON&Co.,Lt TELEPHONE JOZI 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

SHTUCHOW

KONGMOON TOISHAN

KINGCHOW

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

.

SHOW J. CHEN,

Manager.

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