1941-07-11 — Page 10

STOCKS

Bank Bills, on demand Now,

Credita 4 months' sight NODI

Ju Balgon:-

On demand

in Manila:

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

N.Y. COMMODITY MARKET

(REUTER'S SERVICE)

New York Cotton, Oct.

MONEY AND EXCHANGE

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE,

New York, July 9.

Buyers Ballars

Malo-

Prev High Low

15.27

Лове Change

CLOSING QUOTATIONS

JULY 10, 1941.

21.15b

In London:-

$1375

14,30b

1074 701

Telegraphic Trapster. 1/2 7/8 Bank Bills, on demand 1/2 7/8

Credits 4 months' sight

New York Rubber, Sept.

New York Hides, Sept. Chicago Wheat. Sept.

Chicago Corn, Sept.

NEW YORK STOCK EXCHANGE

QUOTATION

(REUTER'S SERVICE)

JULY 10, 1941.

Noudeal

Jn Shanghai

On demand

**** 400

$72

in Singapore:-

On demand

52 3/4

Jo Japan:-

$125

$290

On demand

102 1/4

$891

In India:-m

Telegraphic

and demand

Transfer. Les 5/9

$185

LAAT Sale

STOCKS

Adams Express Alleghany Steel Co. Allis Chalmers Amer Can

American Cyunamid B Amer. & Foreign Power Amer & Foreign $7 pr.

Amer, Locomotive Co.

Amer, Metals

Lockheed Aircraft Loew's Inc Martin, Glen L. Oo Montgomery Ward National Aviation Nat Dairy Products

July 9 64

Last Sale July 9

On New York

$81

Johnsmanville

Kennecott Copper Libbey-Owens-Ford

894

Bank Bills, on demand 24 1/8 Credis, 60 days' sight 24 7/6

880

$65

in Batavia:-

48/0

Oluar

On demand

......... 45 1/4

Da Paris:-

2

$126

INT

SHAREBROKERS' ASSOCIATION

THURSDAY

10 JULY. Banks

Bayer Baliere H Hippoins

TH

H.K. Banks...............

$1876

£82

£78

Do. (Col. Rug.)... Do. (Lon. Reg.) Charted Banka

www.

£23

Mercantile Bk. "A".

-

Mercantile B. “0”. Bank of East Asia.....

#724

17 ct

£83

£78

+37

N. G. & 8, Banks...... Insurances

Canton Intarances................. Union Insurances........ $395

Underwriters

A

...

H.K. Fires.

Shipping

176 ute.

+

!!!!

$220

$183

J, K. Bousfield, Esq..

Douglases

Steamboats

Indo-Chinas (Pref.}...

$120

L. J. Davies, Esq..

A. H. Compton, Esq..

$8

Hon. Mr. 8. H. Dodwell,

$80

Indo-China

Sheila

(Det,

G. Miskin, Esq.,

300

K. S. Morrison, Esq.,

45/0

190

H.K.

$5.85

$0

$0.65/ 90...

Providenta

816.70

104 1/2

Amer Radiator

National Distillers

201

On demand

48 JA

Amer. Rolling Mill

Nat Power & Light

Ju Bangkok:---

Amer, 'ting and R'ing Co.

National Supply Corp..

71

On demana

149 1/2

#1

#

12/6

89

Amer Suzar Refining

17#

New York Cential

On Sterling Notes:-

::

Amer. Tel & Tel.

Niagara Hudson Power

Bank Buying Rate

Now.

$6.66 Waterboats

Docks, Wharves, Godowns, etc.

& E. Wharves,

H.K. Docks (O!)..... H.K. Docks (New)....

8801 +Shanghai Docks.....

Kailans

Mining

Ranba.....

14ote. Hong Kong Mines..... Lands, Hotela and

Hon. Mr. T. E. Pearce,

806

Hon. Mr. A. L. Shields,

Sir Vandeleur M. Grayburn,

"FRIDAY, JULY 11. 1941.

BANKS

HONGKONG & SHANGHAI |THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital $60,000,000

INDIA, AUSTRALIA

AND CHINA

Issued & Fully Paid-Up 820,000,000 Incorporated by Royal Charter, 1358

Reserve Funds:

H.K. Currency Reserve $10,000,000 Reserve Faud........ Reserve Liability of

Sterling

$6,300,000 Paid-Up Capital

£3,000,000 £3,000,000

$20,000,000

Reserve Liability of Pro

prietora .......

..£3,000,000

Proprietors

Head Offles:-HONG KONG

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

Chairman.

W. H. Lock, Esq.,

Deputy Chairman

HEAD OFFICE: LONDON: 38, Bishopsgate E.C.2. Sub-Agencies In London: 117/122, Leadenhall Street, E.0.3. West End Branch: 14/16, Cockspur Street, S.W.1. Manchester Branch:

52, Mosley Street, Manchester, 2

AGENCIES AND BRANCHES:

ALOR STAR HONG KONG PENANG ILOILO

IPDH

AMRITSAR

BANGKOK

BATAVIA

ВОМОАХ

RANGOON

SAIGON

SEREMBAN

W

$00

$5,86

36.85

-

$13.80

Branches:

Amoy

Johore

3201

Bangkok

Kobe

Saigon

Batavia

12

Bombay

Kowloon Kuala

Sah

$7.80

Calcutio

"I

Canton

Chefoo

Lyons

amer Tobarco "8"

724

N. American Aviation

Bar Sliver per us

23 3/8

Buildings

Colombe

Malacca

Amer Waterworks

North American Co. (New)

$3.40

BLK. & 8. Hotels....

$3.85

131

Dairen

Manila

Anaconda Copper

Northern Pacific

Atchison, T. & 8. Fe.

Packard Motors

21

Aviation Corp.

92

Paramount Pictures

113

Baldwin Locomotive Co.

Pennsylvania R.R.

Baltimore & Obin

44

Phillips Petroleum

447

Barnsdall ou

10%

Pullman Inc..

278

Silver prices were

Market Report

FROM ROŽA BROS.

Thursday, July 10.

unchanged

#35.36 #35 #391/1

H.K. Lands

#35

$35+

Foochow

$97+

De. 4 Debenturos.

8074

$17

Shangha

Lands.

Hankow

$100

Bendix Aviation

Pure Oll

Bethlehem Steel

Radio Corpn. of Am

Bliss & Co., EW. (com.)

Reading Company,

Com

yesterday, the quotations remain- ing at 29.9:8 for both Ready and Forward.

1

Silver advices reported

Boeing Airplane Co

Remington Arms Co., Inc.

Borg-Warner

Repubile Aviation Corp....

Briggs Mfg. Co.

Budd M'facturing corp

Canadian Pacific

Celanese Corp

Chesapeake & Ohio Chrysler

Republic Steel

Reynold Tobac. "B"

Schrniey Distillers

134

Shell Union Oll

Socony-Vacunum O

the market as being idle with no business done. was quoted at 34.3/4 for Spot.

The London/New York cross- New rate was quoted at 402.1/2. York/London was quoted at 403.- 1/2.

American

Silver

517.40

$171

$63

$5.88

Southern Pacific

MARKET

1.35

Columbia Gas & Elec.

·མ ོ ཚ

Southern Rly $5 pfd.

251

Quiet

$291

Commercial Credit Co

28

epteer Manufacturing Co

STERLING

#21

Com & Southero (Ord

Standard Brands

В

Consolidated Edison Co

Standard Gas & Elec.

Consolidated Oll

01

Standard Ou of N.3.

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

*]!

$18

#12)

Copperweld Steel

Studebaker Com

U. S. DOLLARS

$22.60

ID

Curtiss Wright (C.)

Swift International

192

Distillers Corp. (ScagramS)

Technicolor

Douglas Aircraft

Texas Corpn.

Nothing doing. There were sellers at 24.7/16 for near and buyers at 24.1/2 for Cash.

forward.

Du Pont de Nemours

Trans-America Co

44

SHANGHAI DOLLARS

Eagle Picher Lead

20th Cent, Fox Film, Com.

8

Elec. Autolite Co

Union Bag & Paper Corp

113

Elec Bond & Share.......

Onion Pacific,

Elec. Bend & Share $5 pf

55

United Aircraft

with Opened with sellers at 488 business done subsequently at 488. 1/2, 468 and 467.1/2. The market closed with sellers at 466.1/2, buy

814.70

3.60

Elec, Bond & Share $6 pr

Uolted Airlines Trans

Elec. Power & Light S pr

36

United Corpn

Flatkote n

15

United Corpn. $3 cum pf.

Gen. Electric

Gen. Motors

United Gas Improvement

U.S. Rubber

7

ོ=t

11

ers probably at 487.

--

23

Gen. Railway Signal

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

1.8. Bteel..

118

Vanadium

161

Vultee Aircraft

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

Walworth Co.

Warner Bros. Pict.

4

Westinghouse Elec.

Great Western Sugar

28A

Woodward Iron Cor.

Inter. Nickel

17

Chase National Bank National City Bank

32*

2737

SHANGHAI MARKET Sterling opened with sellers at 3.3/16 and closed with sellers .at 3,13/64 for Spot. U.S. Dollars open-

$19

ed with sellers at 63/18 and clos-

ed at 5.7/32 for Spot.

Inter. Paper & Power

Int. Tel. & Tet. (Fon. Is.)

1941

Libby, McNell

DOW JONES AVERAGE

High Low Dow Jones Averages 138.60 115,30 30 Industrials

29.75 96.54 20

Raila Utilities Bonds

20.86 17.22 10 92,10 89.58 40 78.66 65.45 11

July 10, 1941.-

High Low Close 128.77 127.12 127.68

29.60 29.20 20.32

AFTERNOON MARKET

Quiet.

STERLING

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

D. 8. DOLLARS

The market closed with sellers at 24.7/10 for near and 24.1/2 October, buyers at 24.1/2 for near

Change delivery.

01 off

SHANGHAI DOLLARS

.27 up Business was done this afternoon

July. 6,

127.64

29.05

15.17

18.30 18.25 18.40

91.40

Commodity Index 73.86

91.50 79.55

04 up 11 oth

Business Done:—1,100,000 shares

Tientsin-Pukow Rly, 5%

10

10

10

.29 up a 468.1/2 and 467. The market closed with sellers at 466.1/2, buy- ery at 487.

LONDON STOCK EXCHANGE

(REUTER'S -SERVICE)

London, Jaly 9. The following quotations are the middle prices at the close of the market in London. All quotations. are subject to confirmation and no

! (German Stpd.)

Tientsin-Pakow Rly. 5%

(Brit, Stpd. Supl, Loan) Tientaln-Pukow Rly. 5%

(Ger. Stpd. Supi. Loan) Jap. 0% Ster. Loan, 1924 29-341

responsibility is assumed for errors Ger. 7% Intl, Loan, 1924 1

in transmission.

Chartered Bank

HK. & Shat Banking Corp. (Lan, Reg.) ...... H.K. & S'hat Banking

Corp. (Col. Reg.) Chinese Eng. & Mining

(bearer)

78

一

Union Insurance

22 23 2 8 8

SHANGHAI MARKET

Quiet. Closed with sellers of Sterling at 3.13/64 for Spot and US Dollars at 5.7/32 for Spot.

Shanghai Exchange

Shanghai, July 10 (Reuter).

Official TT. Rates

London New York

Japan

India

*Hongkong

Paris

Sterling

Opening

9/8-3/16

5-1/8

21-3/4

17-5/8

21-1/8

... Sellers

nominal

Opening Closing

$9.40

811

Watso

$42

Ch. 0.5% 19250$Bd.

28/

$39

B.K. Wing On

S'hai Wing Us

$49 $14

$7.90 Vibro Piling

/74 Marsmans Inv. (Lon

971

Maraman Inv. (H.K.

$1.20 Wm, Powells....

Lights Rts.......

+Sale to Bhanghai

SILVER MARKET

LONDON SILVER London, July 9 (Reuter). SilverMarket 1dle with

business

Spot, 23-3/8d

Forward, 23-3/8d.

BOMBAY SILVER

no

Bombay, July 9 (Reuter). Market-Quiet but steady. Off-

take 25 bars.

Indian Mint Silver Ready..... July 19 Bettlement Aug. 18 Settlement

63-00-0 02-15-0

62-14-4

LONDON METALS

EXCHANGE

London, July 9 (Reuter). Tin.

Middle Standard. Cash, Price: £268-7/8.

1

Tin, Standard. 3 months, Mindle Price, 4280-5/8

Market quiet.

- LONDON GOLD

Bar Gold, Fine per oz 188-

London, July 9-(Reuter).

PORATION. Rules may be ob-Authorised Capital ....$10,000,000.00

Paid-Up Capital

For the HONGKONG & SHANGHAI Beserys and Undivided

THE CHASE BANK

12, QUEEN'S ROAD, CENTRAL

HEAD OFFICE:

418, PINE STREET,

NEW YORK.

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

Board of Directors:

HON. SIR SHOUSON CHOW, Chairman Li Koon Ohan Eaq, P. Kwok, Esq. Wong Chn Son, Eng Worg Yun Tong, Esq. Fung Ping Wah Esq.

KAN TONO PO, Esq, Chief Manager Hus. Ma. Li THE FONG, Manager

Branches and Agencies,

A American Bank offering com- plete Foreign Banking Service in the principal Markets of the | Amoy ryby Megioon world.

SAFE DEPOSIT OXES

This Bank is a sufidiary of The Chase, National Bank, New York, with Resources of over 11.5.3,800,000,000,

P. L. BALLANTYNE

19th June 1941

Manager

WANT ADS are Seen!

INDO-CHINA

STEAM NAVIGATION COMPANY. ITT

Spot .....0/3-8/160/3-13/64perating Services for Cargo and Passengers

July......

0/3-3/16 073-13/64

Avg. ...... 0/3-3/16 0/3-13/04

War Loan, 3%

after 1952)

1951 Defence Loan, 3% - 100-15/16 Canton-Kloon Rly 5% 9 Chinese-44% Gold Loan

1898 (Brit. Issue). Chinese 5% Gold, Bonds. 1920/47........... Chin. 41% Anglo-French

Loan. 1008 Chino 5% Ortsp Loan

(Red.

12/8

43

Chosen Corporation

4/-

Mercantile Bank of In-

$3

dis, £5, H

Pekin Syndicate

11 1/-

43

hal Elec, Constr. Co;

15/4

Spot

S'hai Waterworks "A".

July

1913.

27

Aug.

Chinese 5% Reorg. Loan

1919 Can L.).

87

Chinese 8% Bter. Notos

1925 (Vickers)

7-0

Chin. Imperial. Rly, 6%

Great Western Rly.361 National Bank of India 814 B.-A. Tob, (boaror)

Loan

Duntop Rubber

85/- 35

Honan Rly, 5%, 1905

10.

1911-

14

| United Steel /

Huktiang Rly 5%. 1911

Woolworths

Maraman Investments ...

Western Holdings)

14/a 13179

Gula Kalumpong Rubber 15

Lon. Mid. & Scot, Aly. 141

Bristol Aeropiane. 10/9 Imperial Chemtoal Ind. : 337-

Hukung Rly 6%

(LP, NY Tague)

(German Issue) 12

Lung Taing & U Hat

|_ Rly, 5%, 1918 .....

8 hm-N'king Tily. 5%

Tientsin-Fukowly.5%%%

(artt.)

14

Sub-Nigel

Shell Trans

[(bearer)

#bid

.10

23/101 mago.... 55/14

Market:

1.

U.S. Dollars

$5-3/16 $5-1/4

6-7/32 543/10 5-3/16 5-7/32 Uncertain.

Silver Duty Rate

The Central Bank of China'a

rate on London at 10 am, today. was 1/2-1/24.

The Equaliantion rate was 24 per cent.

Calenta Exchange

Calcutta, July' (Router). T.Ton Japan. 81-1/2

Indin Rapee Papers

Bombay July 9 (Router), Govt. 81% Rupse, 06-01-0

TO-

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN'

KOBE and OSAKA

SINGAPORE PENANG and CALCUTTA BANDAKAN

HAIPHONG

All steamore barth alongside the Roosevelt Terminal in the Frough Concassion." au Shanghai, whore sangers and cargo are landed.

For further particlilare *;

plased apply, bola

Pelang Batenatljaliden -7- Rangom

oligapre Bourabaya Baigon Swetow Daloutin“ 20, Welbourne San From Sydney iphone. Xagunaka

daco Toutaln Hankow New York seatțio . Vancouver Moulalu

PEELTEUR Kobe

Shangb

Pelples

Every description of Banking and Exchange business transacted. Loans granted on approved securities.

Current Accounts opened in Local Currency and Fixed Deposits, re- ceived for

shorter one year or periods in Local and Foreign Cur rencies on terms which will be quoted on application.

SAFE DEPOSIT BOXES TO LET.

KAN TONG PO

Chief Manager.

BANK OF CHINA

Specially Chartered by THE NATIONAL GOVERNMENT. OF OHINA AS AN

"INTERNATIONAL EXCHANGE

BANK

PAID-UP CAPITAL $40,000,000,00 (BEANCHES ALL Over ChinÁ) Owing to our numerous Branches in China and connections in the principal Commercial Centres, of the World, we are able to extend to our Cliente special facilities for Domestic and Foreign Banking and Exchange,

Head Office →→SHAKOHAL -

Hong Kong Brasch

4. QUEEN'S ROAD, C.

• South China Office CANTON KONGMOON SWATOWA WATORLAN SHTUCHOW KINGOBOW

We also handle the issue of Honda and etherHub to Fundr· of the China Government boblifat Home

SHOU TOHENY

Manager, a

$30

*35

$1

$8.80

+

C'ements

81

H.E. Realties..

Humphreys

Chinese Estaten.......

Cotton Mills

841 Ewa (B.) ........

8:286 S'hai Cottons (9.)

Zoong Singe (8.)

Wing On Textiles (8

Public Utilities

H.K, Tramways....... |17.60)

Peak Traun jold)........

Peak Trams (new)..

Star Ferries.................................

$214Y'mati Ferrim..............

China Lights (0).......

China Lights (New)..

X.Rts H. K. Electrica (Old).. #221

H.K. Electrics(New)..

H.K. Electric (Rts } 11

Macao Electrica

acu

Maceo Electrics

Sandakan Lights.......

Telophones fold)............ |Talephonas (309).....

Industrials

| Cald., Macg. (Ord.) §.

Canton Tees.

H.K. Boper

HK, Gork Loans

$974% LOBA

$0434%

804 31%

Miscellaneona

Dairy Farms.

|Patertainment

$1.60 Constructions (old)... Constructions (new)...

$6 45 Lane Crawfords..........

Nunyany Tobacco...... 23.60 Sinceres

$3 20

Hurbin

88.40

Iloilo

Ipoh

$42 $266

$125

$17.25

17

$31

122)

$1.40

X.R.

Haiphong

КОРЕ Chief Manager. CALCUTTA

AGENCIES

CAK TEET FAIBLIA PLACE

Rangoon CANTON

KUALA

LUMPUR

XUCHING

MAUKAS CAWNPORE

CRBU

Francisco COLOMEO

Lumpur Shanghai London Singapore

Muar

J

Sourabaya Sunni

Swatow

(Johore) Tientsin Mukden Tokyo

New York Tsingtao Peiping Yokohama Fenang

DELEI

MANILA

MEDAN*

NEW YORK

PRIPING

(Peking)

BUANGHAI

SINGAPORE

BITIAWAN

SOURABAYA

TAIPING

- TIENTSIN

TONGKAH

(Bhuket)

TSINGTAO

YOKUNAMA

HAIPHONG VANKOW

FOREIGN EXCHANGE and Geneval Banking Business transacted,

CURRENT ACCOUNTS opened and PAXED DEBOSITS received for Ona Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.

SAVINGS ACCOUNTS also opened in CURRENT ACCOUNTS opened in|Local Currency and Sterling with LOCAL CURLEWOY and FixED D-interest allowed at rates obtainable POSITS received for one year or on application.

-

ނ

shorter periods in Local and other: The Bank's Head Office in London Currencies on terms which will be undertakes Executor and Trustee quoted on application.

business, and claims recovery of

SAFE DEPOSIT BOXES of British Income Tax overpaid, on various sizes to let.

terms which may be ascertained at

TRUSTEE and EXECUTORny of the Agencies and Branches business undertaken.

Hongkong, 8th February, 1941.

HONGKONG SAVINGS

W. H. EVANS THOMAS,

Manager.

KARACHI KLANG

t

(1034)

非

(1M0).

$10

BANK

The Business of the above Bank

is conducted by the HONGKONG

BANK OF EAST ASIA, LIMITED

& SHANGHAI BANKING COR

Cald., Maog. (Prof.)8

tained on application.

175 atm.

814.80

BANKING CORPORATION.

Profits

5,598,600.00

2,953,281.50

68 FO

$8.80

V. M. GRAYBURN,

Chief Manager.

97%

94

Hong Kong, 25th Feb., 1830.

!

$1.8%

3.46