STOCKS
Last Sale
STOCKS
June 3
Last Sale June 3
Adams Express....
5+
Alleghany Steel Oo
211
spicer Standard Brands
Manufacturing Co. 301*
5+
On Shanghai:—
Allis Chalmers
271
Standard Glas & Mec.
On demand
-440
Amer. Can
79
Standard On of N.J.
372
Singapore:--
October
American Cyanamid B.
361
Studebaker Com
+1
On demand
52 3/4
Deember
Amer. & Foreign Power ...
**
Swift International.
1847
On Japan:
January
Amer & Foreign $7 pi.
171
Technicolor,
8
On demand
102 1/2
March
Amer, Locomotive Co.
121
Texas Corp
391
On India:-
May
Amer, Metals
17.
Trans-America Co.
***
Telegraphic
Transfer.
Spot
Amer. Radiator
61.
20th Cent Fox Film, Corp.
51
32 6/9
and demand
:
Amer. Rolling Mili
13)
Union Bag & Paper Corp.
10
n New York:-
Amer. Sting and Ring Co.
401
Walon Pacific
79
Amer, Sugar Refining
151*
United Aircraft
384
Bank Billa, on demand 24 1/8 Credlia, 60 days' sight 24 7/8
Amer. Tel.
Tel.
1544
United Arlines Trans
10}
On Batavia:—
Amer, Tobacco "B"
83)
United Corpa
$
On demand
Amer. Waterworks
41
United Corpn. $3 cum pf.
211
In Paris:
NEW YORK RUBBER
July (New contract) September ( December March
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
NEW YORK STOCK EXCHANGE
QUOTATION.
(REUTER'S SERVICE)
JUNE 4, 1911.
MONEY AND EXCHANGE
CLOSING QUOTATIONS
JUNE 4, 1941.
On London:-
Telegraphic Transfer, 1'3785 Bank Bills, on demand 1/2 7/4 Credits 4 months" sight
New York Cotton, July New York Rubber, July Chicago Wheat, July Chicago Corn, July New York Hides, Sept.
NEW TORK COTTON July
981 .954 96 971
THURSDAY, JUNE 5, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital.
INDIA, AUSTRALIA
FJ
AND CHINA
850,000,000
Issued & Fully Paid-Up #20,000,000 Incorporated by Royal Charten, 1859
Reserve Funds:
H.K. Currency Reserve $10,000,000 Reserve Fand Reserve Liability of
Sterling
£8,500,000 Paid-Up Capital
£3,000,000 ...£3,000,00
Reserve Liability of Pro- $20,000,000) prietora
£3,000,00%
Proprietors
Head Office:-HONG KONG
HEAD OFFICE: LONDON:
38, Bishopsgate E... Sub-Agencies In London: 117/19, Leadenhall Street, E.0.2. West End Branch: 14/18, Cockspur Street, B.W1 Manchester Branch: Deputy Chairman. 52, Mosley Street, Manchester,
Chairman.
K. 8. Morrison, Esq., Hon. Mr. T. E. Pearce,
AGENCIES AND BEANCHES +
ALOR STAR
BONG KONG PEWANG ILOILO
ΠΡΟΤ
KARACHI
→ RANGOON
BAIGON
BREMBAN
SHANGHAI
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE)
NEW YORK, June 3, 1941.
74 731 131 737 14.90 14.78 14.75 14,85
CLOSE
13.03/08
13.25/26
Prev. Today's High Low Close Close Change 13.24 13.10 13.08 13.22 .14 up 21.85 21,54 21.70 21,54 16" off 12 up 1 up 10 up
CHANGE
14 up .10 up
CLOSING
13.32/22)
Board of Directors: Hon. Mr. J. J. Paterson,
13.35/35
13.32/33
13.43/44
11 up
W. H. Lock, Esq.,
13.28/28
13.40 N
12 Up
13.30/31
13.44/45
.14 Up
J. E. Bousfeld, Esq.,
13.27/28
13.41 N
.14 up
13.58
13.77
.19 up
A. H. Compton, Esq., L. J. Davies, Esq.,
Total sales Monday:-37,900 bales,
Hon. Mr. S. H. Dodwell,
7. Miskin, Esq.,
AMRITSAR
BANGKOK
BATAVIA
21.70:80
21.54/55
.16 off
BOMBAY
1
21.40/43
Hon. Mr. A. L Shields,
KLANG
21.35/35
.05 off
CALOCITA
3INGAPOES
..}
21.000
Anaconda Copper
26
United Gas Improvement 63.
{
1
20.40b
21.04/05 20.35/85
.04 up
Sir Valeleur M. Grayburn,
AGENCIES.
.25 up
Chief Manager. FAIRLIE PLACE
KOBE KMALA
SITIAWAN
30 U HABANA
Atchison, T. & S. Fe.
271
U.S. Rubber
211
Bank Bills, on demand Nom. Credits 4 months' sight Nom.
LOMPUL
Total sales for the day-5,730 tons.
Aviation Corp.
31
U.S. Steel
541
*
In Saigon
Baldwin Locomotive Co.
137
Vanadium
244
CHICAGO WHEAT
Amoy.
On demand
104 1/2
Baltimore & Ohio-
31
Vutée Aircraft
61
July
On Manila:-
Barnsdall OU
Walworth Co.
On demand
48 1/4-
September artı
961/96 -971/978
98/971
1 up
Bangkok Eobe
Batavia
Kowl
991/991
10 up
Bombay Kunle
Branches: Jotore Rangoon.
Saigou San
Francisco
Bendix Aviation
**347
Warner Bros. Pict.
Bethlehem Steel
70
Westinghouse Elec.
901
On Bangkok:--
Monday's sales:-15,502,000 bushels.
Calcutia
Lumpur Shanghai
On demana
149 1/2
Bliss & Co.. E.W. (com.))"
14/
Woodward Iron Cor.
261+
Boeing Airplane Co.
151
Chase National Bank
287
Un Sterling Note:-
CHICAGO CORN
Canton
London
Singapore
Cheroo
Lyons
Sourabaya
Borg-Warner
16)
National City Bank
241
Bank Buying Rate
Now.
July
733/738
737/74
Colop
Malacca
Sungei
up
Briggs Mfg. Co.
191
Libby, MeNet....
Bar Silver per oz
23 7/10
September
747/744
Dairen
Manila
Patani
75+/75}
up
Foooham
Muar
Swatow
Budd M'facturing Corp
4
NEW YORK HIDES
Haiphong
Canadian Pacific
..3A
LIST OF EXTRA WEEKLY
STOCKS
Celanese Corp.
21
Chesapeake & Ohto
30%
Alaska Juneau
· 31
Chrysler
561
American L'motive $7 pf.
82*
Shanghai Exchange
Sharghal. June 4 (Reuter).
Offcial T.T. Rates
Bankow
(Johor) Tientsin Mukden
Tokyo
September
14.75/75
14.85/88
10 up
Harbin
Total sales for the day:81 lots.
Iloilo Ipoh
Penang
Columbia Gas & Elec,
24
Atlantic Gulf and W Pf.
371"
Commercial Credit Co.
221
Atlantic Refining
201
Opening
NEW YORK COCOA September
7.45 N
7.69 N
24 up
Com, & Southern (Ord.)
5/16
Atlas Corp. .......
G2...
London
0/3-1/4
Consolidated Edison Co.
17
Barber Asphalt Corp.
3
New York
5-1/4-
Consolidated. Oll
61
Bath Iron Works
221
India
12
NEW YORK SUGAR NO. 3 July
Copperweld Strel
13
Callahan Zinc & Lead.
13/16
Japan
22-1/4
September
Curtiss Wright (C)
83
Case (J.I.1
561
Parts
Distillers Corp. (Seagrams)
134*
Climax Molybdenum Co.
367
Hongkong
nominal 21-5/8
2.50b/51a" 2.54b/55a Volume of business done:107 lots.,
2.49b/51a .01 off 2.53b/54a 01 off
Douglas Aircraft
881
Commercial Solvents
971
Sterling
Du Pont de Nemours
145#
Continental Can
32
NEW YORK SUGAR NO. 4
July
TRUSTEE and
EXECUTOR |
Sellers
Eagle Picher Lead
**
Continental Oil
215
opening
Eloc. Autolite Co.
28
Cor
Products Refining
45%
Spot
0/3-9/32
Elec Bond & Share
2"
Corn Products 7% Pid.
172
June
0/3-9/32
Elec. Bend &z Bhare $$ pt.
551
Coty Inc.
4
July
0/3-9/32
Closing 0/3-19/64 0/3-19/64 0/3-19/64
.81b/.81ła Volume of business done:-Unreceived, NEW YORK COPPER FUTURES July
.81b/.82a
unch.
business undertaken.
New York Tsingtao
Yokohama Peiping
NEW YORT
TIENTSIN
TONGKAK
(Bhukos)
TEINOTAL
YOKOHAMA
PIPING (Peking)
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOoms opened and FIED DEPOSITS received for Ona Year or shorter periods in Local 61 Other Currencies at rates which will be quoted on application.
- SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rater obtainable on application.
CURRENT ACCOUNTS opened 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. Currencies on terms which will be British Income Tax overpaid, on
quated on application..
SAFE DEPOSIT BOXES of various sizes to let,
of..
terms which may be ascertained at any of the Agencies and Branches.
W. H. EVANS THOMAS,
Manager,
CANTON DAWNPORE
TAIPING
KUCHING
MADRAI
СКЕГ
COLNYBO
MANILA
DELHI
MIDAN
BAZPRO ΠΑΝΙΩΝ
11.75b/942
Elec Bond & Share $6 pt.
581
Coty Int.
Elec. Power & Light $7 pt.
33...
Curtis Wright Corp "A"
U.S. Dollars
Flintkote
124
Deere Co
213.
Spot
$5-11/32 $5-3/8
NEW YORK COTTONSEED OIL
July
10.57b/583 10:67b/75a
Gen. Electric
291
Distillers Corp. (Seagrams)
June
5-11/32
5-3/8
Gen. Motors
37
Eaton Mfg. Co.
291*
July
5-11/32
5-3/8
Gen. Rallway Signal.
131*
Gen, American Trupts.
374
NEW YORK LARD September
9.90/92
.9.92/90
Gen. Tire & Rubber
101
Gildden Co,
144
Goodrich (BF.)
12
Goodrich Co. Pf. (100)
Goodyear Tire & Rubber..
161
Greyhound Corp.
104
The
NEW YORK BLACK PEPPER September
Great Northern Iron Ore .
15
int. Harvester
50
Great Northern Rly, pfd
251
Mack Trucks Inc.
264
Great Western Sugar
241
Nat, Gypsum
61
Inter. Nickel
241
Nat, Lead Co.
151
per cent.
Inter. Paper & Power
148
Pacific Gas & Elect,
23
34-3/4 4.03-1/2"
*
34-3/4 4.03-1/2
Int. Tel. & Tel. (Fon. Ia)
2}
Fan-A'can Airways.
11
Johnsmanville
572
P'burgh Coke & Iron
62
Kennecott Copper
36
Public Service of NJ.
23
Libbey-Owens-Ford
Glass 274
Sears, Roebuck & Co.
702
HK. & Shal Bank (Ldn
Reg.)
76
Lockheed Aircraft
23+
Southern Rly.
124
.K. & Shai Bank (Col.
Loey's Inc.
28
Sperry Corp.
34
Martin, Glen L. 00.
273
Standard Gas & Elect.
Calculia Exchange
Peri
79
171*
inese Eng & Mining
Montgomery Ward
348
Standard Oil of Calif.
203
Calcutta, June 3 (Reuter).
bearer
11/
National Aviation
8!
Stone & Webster ..
8
TT on Japan, 81-1/2.
Chosen Corporation
4/-
Nat, Dairy Products
13
Texas Gulf Sulphur
34
Mercandle Bank of In-
National Distillers
19
Tidewater Assed. Oll
97
dia. £5, "Q"
111
TIESS.
Nat, Power & Light
6×
Twin City Rapids
18
Fekin Syndicate
1/-
National, Supply Corp.
51
Union Carbide
694
New York Central
124
United Gas (common)
9/16
Niagara Hudson Power
21
US. Ind. Alcohol
24
N. American Aviation
134
U.S. Realty
15/18*
North American Co. (New)
131
U.S. Rubber
88
Northern Paeltic"
61
US. Smelting
50"
Packard Motor
21"
Y'stown Sheet & Tube
334
Paramount Pictures
Pennsylvania RR.
Phillips Petroleum
101
247
41%
Pullman Inc.....
28
Pure Oil
9+
Radio Corpn. of Am.
32
Assed. Gas & Elec, 5% Pf. 14* Auburn Central Mfg. Co..
Timken Detroit Axle Co. · 314
LIST OF EXTRA WEEKLY "
CURB STOCKS
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)}
-
London, June 3. - 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.
S'hal Elec. Constr. Co.
16/-
S'hai Waterworks "A".... 15
Union Insurance
22
Gula Kalumpang Rubber 15, Lun., Mid-& Scot.. Rly. 121. Great Western Rly
National Bank of India B-A Tob (bearer)
323 31
Indian Mint Silver
87/6
Ready
Dittop Rubber
33/..
June 20 Settlement
Bristal Aeroplane..
10/3
July 19 Settlement
Imperial 'Chemical Ind. 30/104 United Steel
23/6
P
31
Woolworths
Reading Company,
Com
146
Bellanca Aircraft....
27*
£
Maraman Investments
47/9 6/3
Market::-Qulet but steady.
Silver Duty Rate
Central Bank of China's rate on London at 10 am, today was 1/2-1/2d.
The Equalisation rate was 24-1/4
India Rupee Paper
Bombay, June 3 (Reuter). Gov. 31% Rupee,, 95-14-0.
6.11b/15a 6.15b/20a 04 up The Brst notice day for Sept black pepper 15 26/8 and last trading day is 23/9. NY. Omcial Sliver NY.-London Cross Rate
SILVER MARKET
LONDON SILVER
London, June 3 (Reuter)... Silver-Small trade buying was satisfied from production quarters. Market steady. In the afternoon, market was steady with no bust-
Spot, 23-7/360.
Forward, 23-7/16d.
BOMBAY SILVER
Bombay, June 3 (Reuter).
Oftake 200 bars.
Market Steady
Hongkong. 28th February, 1941...
"HONGKONG "SAVINGS
BANK
The Business of the above Bank
is conducted by the BJNGKONG
BANK OF EAST ASIA, LIMITED
Reserve and Undivided
.................2,983,281,50
& SHANGHAI BANKING COR- Authorised Capital......$10,000,000.00 PORATION, Rules may be obtain-|Paid-Up Capital ......... ed on application.
For the HONGKONG & SHANGRAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1836.
Head Office:-HONG KONG No. 10. Des Voeux Road, Central
Board of Director. - HON. SIR SHOUsos Chow, Chairman Li Koon Chun, Esq. Li Lan Sang, Esq.
Wong Chu, Son, Eaq, Fung Fing Wah Kaq.
P. K. Kwok, Faq.
16, QUEEN'S ROAD, CENTRAL Wong Tun Tong, Hag.
HEAD OFFICE:
18, PINE STREET.
NEW YORK.
Chan Ching Shok, Esq.
KAN TONG PO, Esq., Chief Manager Hox. ME. Li Tax FoNG, Manager"
An American Bank offering com-
plete Foreign Banking Service Amoy in the principal Markets of the Batavis world.
Interest Rates on Application,
SAFE DEPOSIT » BOXES
This Bank is entirely owned by
THE CRAGE NATIONAL BANE NEW YORK, with Resources of Over U.S.$3,800,000,000.
D. L. BALLANTYNE.
Manager,
Branches and Agencies;
Kowloom
Prozak Singapore Loudon Rangoon Boxishaya
Nails Saigon
Melbourne Sai Fran- Sydney
Felping
cisco Tel. dealite Yannove decar Shangha
Every description of Banking and Exchange business transacted. LoaoF granted on approved accurities.
Current Accounts opened in Local Currency and Fixed Deposits re- ceived for one year or shorter periods in Local and Foreign Cur rencies on terms which will ke quoted on application.
SAFE DEPOSIT Boxes To LET.
KAN TONG PO,
Chief Manager.
11.76b/90a
unch.
.10 up
5,598,600.00
unch:
Profits
THE CHASE BANK
Bombay Chakratts
Haphout
Seguaks
Baskow
Sew York
Bouclatu Kate
Paris
62-14
62-11
62-10
Remington Arms Co., Inc.
44*
Cluet Peabody
33
Republic Aviation Corp.
31
Great Lakes Dreged
141
War Loan. 34% (Red,
after 1952)"
Western Holdinga
11/-
Republic Steel
181
McKesson & Robbins
29
Defence Loan, 3%
Reynold Tobac. "B"
281
Mountain City Copper"
2}
Tanton-K'loon
Rly. 5%
103-11/16
1018.. 9
Sub-Nigel
140/-
meeting on
The Shensl, Rural Loans -Com- mittee
decided at its
inaugural
May 31 to extend
Schenley Distillers
10
Piper Aircraft
3*
Chinese 44% Gold Luan
hell
(enter) *-bid
TTROL
པ
Trad
40/-
$5,500,000 10Bns in aid of agricut- ture and water conservancy for the current year.(Central).
Shell Union Oll.
141.
Ryan Aeronautical Co...
34*
1898 (Brit. Issue
*38
Socony-Vacunum Oll......
9
Thompson Products
DS
Southern Pacific
111
United Power. "A"
| Chinese 5% Gold Bonds.
1925/41
38
Southern Rly $5 pfd.
231
Royal Bank of Canada
1534
Chin. 41% Anglo-French
Loan 1908
37
Chinese 5% Urisp Loan
DOW JONES AVERAGE
1912
1940/41
High
Low Dow Jones Averages 1030 111.84 30 Industrials
116.18
32.67 29.10'20 Rails
37.40
26.45 18.82 26 Utilities
16.07
92.19 83.06 40 Bonds
8110
89.76 48.74 11 Commodity Index
€8.00
LONDON METALS
-EXCHANGE
London, June 3 (Reuter). Tin, Standard," Cash, Middle Price: £264-7/8.
June 4, 1941.
Chinese 5% Reorg. Loan. Change June. 2,
High Low Close
1913 Ldn. Is.) 117.85 716.32 117.381.20 up Chinese 8% Ster. Notes.
2.80 27.03 27.74 22 up 1925 (Vickers) 17.00 10.40 16.98.
88,47 Business Dono:--420,000 shares
LONDON GOLD
London, June 3 (Reuter). Bat Gold, Fine per oz. 108/-
Tin, Standard, 3 Months Middlemand. The latter and seilers re- Price, £285-1/8.
luctance strengthened "cash," Market steady. Turnover 125 which was also influenced by tons-nearly all "3 months where steady contraction in the spread there was moderate scilling, in-between forward shipment price cluding some from smelters, which to New York and relative spot in
Improved de New York and London... counter-balanced
Jap 8% Ster, Loan, 1924 224 Ger, 1% Intl. Loan, 1924 5 Chartered Bank ... 87
31
7.9
01 up
.13 off
Chin. Imperial Rly 5%
TO-
Loan
48
Honan Rly, 5%
10
Hukuang Rly 5%, 1911..
KOBE and
LP. N/Y Issue) .....
14
Hukuang Rly. 6%, 1911
German Issue›
13
Lung Taing & U Hat
Ely. 5% 1913 ....
9
B'hal-N'King Rly. 5%
14
Tientsin-Pukow Rly. 5%
(Brit. Stpd.)
10
Shanghai, where passengers
and cargo are iņaded.
Tientsin-Pukow Rly. ·5%
German Stpd.)
10
Tientsin-Pukow Rly. 5% Brit. Stpd. Supt. Loan) Jentsin-Pukow. Rly, 5% (Ger. Stpd. Bupl. Loan)
For further particulars
please apply to—.
10
10
WANT-ADS ARE SURE!
INDO-CHINA
BANK OF CHINA
Specially Chartered by
THE NATIONAL GOVERNMENT
OF CHINA AS AN · INTERNATIONAL EXCHANGE
BANK
STEAM NAVIGATION COMPANY LTD PAID-UP CAPITAL 340,000,000.00
Operating Services for Cargo and Passengers
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
OSAKA
'SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIL HONG
All steamers berth alongside
the Roosevelt Terminal in the French Concassion SL.
JARDINE MATHESON&Co,Ltd. TELEPHONE ZOZII 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
KINGCHOW
We also handle the issue of Bonde nid other Public Funds of the Chinese Government both at Home and Abroad.
SHOU J. CHEN,
Manager.
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Private notes are available after approval.