1941-07-16 — Page 8

Daily Press 孖剌西報 All

WEDNESDAY, JULY 16, 1941.

BANKS

HONGKÒNG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital $50,000,000

INDIA, AUSTRALIA

AND CHINA

Falued & Fully Paid Up $20,000,000 Incorporated by Royal Charter, 1858

Beserve Funda:

Sterling

£6,500,000 Paid-Up_Capital H.K. Currency Reserve $10,000,000 Reserve Fund Reserve Liability of

Lumpur Shanghai DELHI London Singapore RAIPHONG

Sourabaya BANKOW (Peking)

Patani

Swatow

(Johore) Tientsin

New York Tsingtao Peiping Yokohama

TSINGTAO YOKOHAMA

FOREIGN EXChanor and General Banking Business transacted,

New York Cotton, Oct. New York Rubber, Sept. New York Hides, Dec. Chicago Wheat, Sept. Chicago Corn, Sept. NY. COTTON

14.30

106

7396

107

75#

PAGE 8-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND

EXCHANGE

CLOSING QUOTATIONS

JULY 15, 1941.

On London:

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

On Shanghai:--

N.Y. COMMODITY MARKET

(REUTER'S SERVIĆE)

New York, July 14. Prev High Low Close Change 15.53 15.75 15.88 15.70 17 up

21,50 21.35b 21.51

21,51b 16 up

NEW YORK STOCK EXCHANGE

QUOTATION

“REUTER'S, SERVICE) JULY 15, 1041.

STOCKS

ВТОСКВ

Last Sale

Last Sale

July 14

July 14

3,000,000

Adama ExpTESS

61

Alleghany Steel Oo.

231

Johnsnanville

Kendecott Copper

071 BB

105 1058

1 off 751 751% of

Allis Chalmers

30

(Libber-Owens-Ford

Glaan 298

Proprietors

$20,000,000

Reserve Liability of Pro

prietors

,000,009

£3,000,000

Amer. Can ........

871

Lockheed Aircraft

27

Read Office:-HONG KONG

American Gyanamid B. ...

403

Loew's Inc.

311

On demand

Closing Ranges Changes

Ainar. & Foreign Power

Martin, Glen L, Co.

291

Un Singapore:---

On demand

52 3/4

July

15.51/51

14 up

On Japan:-

Oct.

15 70/70

17 up

On demand

102 1/4

Dec.

15,64/84

.18 up

On India:

Jan.

15:88/86

18 up

'Telegraphic

Transfer.

Mar.

16.90/90

18 up

82 678

and demand

May

15.92/92

19 up

On New York:---

Friday's sales:-121,300 bales.

Bank Billa on demand 24 1/8 Credlis, 60 days' sight 24 7/8

N.Y. RUBBER:

On BatavĴA : —

Sept

21.51b70

On demand

..... 40 1/4

Dec.

Op Paris:-

Bank Ellis, on demand Nom

Mar

21.35b/458 21.20b/400

16 up .05 up 20 up

LONDON STOCK

EXCHANGE

(REUTER'S SERVICE)

London, July 14, 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.

Amer & Foreign $7 pf. ...

191*

| Montgomery Ward

367

Amer, Locomotive co....

141

National Aviation

88*

Amer, Metals

181*

Nat Dairy Products

14

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

W. H. Lock, Esq.

Amer. Radiator

61

National Distillers

22

Amer. Rolling Mill

15

Nat Power & Light

Amer. 'ting and B'ing Co.

441

National Supply Corp.

Amer. Sugay Redning Amer. Tel. Tel

17A

New York Centi al

13

1564

Niagara Hudson Power

24

Amer. Tobacco "B"

72#

N. American Aviation ....... 142

Amer. Waterworks

44

North American Co. (New)

13

Anaconda Copper

282

Northern Pacinc

71

Atchison, T. & 8. Fe. ...

291

Packard Motors

27

Aviation Corp.

33

Paramount Pictures

121

Credits 4 months' sight Now.

On Saigon:-

"On demand ..........

104 12

On Mantle:—

On demand

48 1/4

On Bangkok:--

Total sales:-150 tons.

NEW YORK HIDES:

Dec.

14.28b/39a

Total sales:-8 lots.

CHICAGO WHEAT.

Baldwin Locomotive Co.

181

02 off

War Loan, 3% (Red.

after 1952) Defence Loan, 3% ........ 100-15/18 Canton Koon Rly. 5% 9 Chinese 44% Gold Loan

Pennsylvania ·R:R

247

Baltimore & Ohlu

4'

Phillips Petroleum

44

105-1/16

Barnsdall Ol

10%

Pullman Inc..........

271

Bendix Aviation

387

Pure Ou

104

Bethlehem Steel

тва

Radio Corph, of Am.

On demand

1.9 1/2

On Sterling Notes:-

July

Bank Buying Rate

Bar Silver per 09.

Nom 23 1/4

Sept

Dec.

104/1034

off 105/105 1 கர் 107/107)

off

1

1898 (Brit. Issue) Chinese 6% Gold Bonds.

1925/47

Biles & Co,, B.W, (com.)...

18

Reading Company, Com

174

43

Boeing Airplane Co.

173

Remington Arms Co., Inc.

41*

Borg-Warner

197

Republic Aviation Corp.

31

45

Chin, 44% Anglo-French

Loan, 1908

Briggs Mfg. Co.

108

Republic Step

201

Budd M'facturing Corp.

43

Reynold Tobaɛ. "B"

387

43

Market Report

FROM BOZA BROS.

Tuesday, July 15.

Friday's sales-7,808,000 bushels Chinese 5% Crisp Loan CHICAGO CORN:

1912

27

July

730

off Chinese 5% Reorg. Loan

Sept

754a

off

1913 (Ldn. IB.)

Dec

76/78

off

Chinese 8% Bter. Notes

Bliver

prices were not quoted i

1925 (Vickera)

NEW YORK LARD:

this morning. American Silver was

quoted at 343/4 för Spot.

Sept.

10,52b

.08 off

Chin. Imperial Rly. 5%

Loan

51

The London/New York Cross- Dec

10.86a

10 of

Honan Rly. 5% 1905

10

ུརྨུཆ་ཊྛ༅

Canadian Pacific *......

41

Schenley Distillers

128

Celanese Corp.

252

Shell Union O

161

Chesapeake & Ohio Chrysler

389

Bocony-Vacunuma Qu

94

56

Southern Pacific

Columbia Gas & Mec.

34

Bouthern Rlý $5 ̧ptd.

27

Commercial Credit Ca

25+

spleer Manufacturing Co. 37

Com, & Southern (Ord.) ...

9/18

Standard Brands

Consolidated Edison Co.

194

Standard Gas & Elec

20

Consolidated Q

#1

Standard Oil of N.J.

Copperweld steel

16

Studebaker Com

rate was quoted at 402.1/2. New N.Y. BLACK PEPPER: York/London was quoted at 409 -

Hukuang Rly. 5%, 1911

Curtisa Wright (C.)

Swift International

(L.P. N/Y Issue)

Sapt

1/2

Dull.

Dec.

6.69b/782 5.79b/83a

03 up

Hukuang Rly. 5%, 1911

.04 up

(German Issue)

MARKET

STERLING

N.Y. COTTONSEED OIL:

Lung Tsing & Hai

Sept

Dec.

11.45/45 11.28b/32a N.Y. SUGAR No. 3: July Sept.

.18 up

Rly. 5%, 1913

9

16 up

8'hai-N'king Rly. 6%

Tientsin-Pukow Rly. 5%.

ཙཱཙ མ ༠ཝ :

14

Distillers Corp. (Seagrams)

154

F'echnicalor

Douglas Aircraft

741

Texas Corpn.

12

Du Pont de Nemours

159

Trans-America Co.

Eagle Picher Lend

9

20th Cent, Fox Fim, Com. 61

Elec. Autolite Co.

28

Unton Bag & Paper Corp.

14

Elec Bond & Share...

20

Union Pacific A...

Elec. Band & Share $9 pt.

54

United Aircraft

(Brit Stpd.)

10

2,56b/58a 2.57b/58a

Business done: 81 lots. N.Y. BUGAR No. 4:

03 up

Elec, Bond & Share $8 pt.

584

United Airlines Tran..

11

Tientsin-Pukow Rly, 5%

03 up

Elec. Power & Light $7 pf.

364

United 'Corpn.

(German Stpd.)

10

Plinticote

15

United Corpn. $3 cun pf.

Tientsin-Pukow Rly. 5%

Gen. Electric

334

United Gas Improvement

Bept. Dec.

.04 up 1,201b/21a 1,24/b/258 05 up 1.28|b/294a .05 up

(Brit. Stpd. Sup). Loan) Tientsin-Pukow Rly, 6%

10

Gen. Motors

382

U.S. Rubber

Gen. Railway Signal

15*

U.S. Steel

(Ger. Stpd. Supl, Loan) 10 Jap. 8% Star. Loan, 1924 271-904 Ger. 7% Intl, Loan, 1924 4 Chartered Bank

Gen. Tire & Rubber

12*

¡Vanadium

Goodrich (B.F.),

158

Vultee Aircraft

7

Goodyear Tire & Rubber

184

Walworth Co.

8-15/16

1/2 and 462.174. The market cloa-

Sept.

7.51 N 7.63 N

01 of

HK. & 8'ha! Banking

Great Northern Iron Ore ... Great Northern Rly, pfd.

171

Warner Bros. Pict

27

02 off

SHANGHAI MARKET

N.Y, WOOL GREASE sellers at Dec.

93.2b/4a

.1

off 94-3/4

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

Corp. (Cól. Reg.) Chinese Eng Mining

(bearer)

81

Westinghouse Elec,

Great Western Bugar Inter. Nickel

25**

85

Inter. Paper & Power.... Int. Tel, & Tel. (Fon, Ja.) 21*

264 179

12/0

Woodward Iron Cor. Chase National Bank National City Bank Libby, McNell

ཨཱ སྶཚོ ཤཱ ཝཱ ཝཱཚོཨྰཿནྟུསྒྱུརྨཱཧྲྰིའི་ྒུ⪜1ནྟིཾབྷྱཿཨྰཿཀྰཙིཏྟཏྟབྷྱོཿཙྪོཡྻུཾསྶཙྪཙྩཊྛཾ,

Branches:

Amoy

Jobore

Bangkok

Kobe

Rangoon Saigon

Batavia

Kowloon

San

Chairman.

Deputy Chairman.

J. K. Bousfield, Esq., A. H. Compton, Esq., L. J. Davies, Esq.,

Hon. Mr. 8. H. Dodwell, G. Miskin, Esq.

HEAD OFFICE: LONDON: |

38, Bishopsgate E.C.. Sub-Agencies In London: 117/122, Leadenhall Street, E.08 West End Branch: 14/16, Coolspur Street, S.W.i. Manchester Branch:

2, Mosley Street, Manchester,

AGENCIES AND BRANCHES: ALOR STAR HONG KONG PENANG ILOKO IPOH KARACHI

AMRITSAR

K. & Morrison, Esq.. Hon. Mr. T. E. Pearce, Hon. Mr. A. L Shields, Sis Vandeleur M. Grayburn,

Chief Manager. CALOUTTA

AGENCIES OLIVE BRKET. FAILIX PERON CANTOR CAWNPOKE CEBU

Коба

KUCHING

BANGOON

BANGKOX

BATAVIA

BOMBAY

KLANG

SAIGON

SEREMBAN

SHANGHAI

SINGAPORE

Bombay

Kuala

Francis

Oalcutta

Canton

KUALA

LUMPUR

BOTTABAYA

TAIPING

MADRAS -

TIENTSIN

TONGKAR

COLOMBO

MANILA KEDAN

(Bhuket)

NEW YORK PEIPING

Chefoo

Lyons

Colombo

Malacca

Sungel

Dairen

Manila

Foochow

Muar

Haiphong

123

Hankow Harbin Iloilo

Mukden Tokyo

Ipob

209

quoted on application.

various sizes to ist.

121

251

58%

054

281

314

271*

T

4.03-1/2

ers at 5.5/18 and then receden to

Chosen Corporation 4/- Mercantile Bank of In-

ala, 25. "J

DOW JONES AVÉRAGÉ

11

1941

Pakin Syndicate

1/-

Tin Standard, Cash, Middle Price, £258-5/8.

S'hat Elec, Constr. Co. S'hai Waterworks "A" Union Insurance '............................. 22 Gula Kalumpong Rubber 15 Tin, Standard, 3 months, Madle Lon., Mid, & Scot., Riy. 14 Price, 281-3/8.

Great Western Rly,

High Low Dow Jones Averages 133.00 115.30 30 Industrials

July 15, 1941. July. 12, High Low Close

Change

127.80

126.17 187.44 137,89

.99 up

Youg Cha Ban; Elsa,

15/-

29.75 26.64 20 Bails

28.23

29.62 29.90 29.44

.21 ap

15

30.00 17.23 16

Utilities

18.81

18.77 18.59 18.67

.06. up

92.10 89.58 40

Bonda

-73.68 55.45 11

Commodity Index

$1.44 72.58

$1.47

.00 up

73.86

.28 up

Business Dons:-580,000 shares

362

914

86/3

Dunlop Rubber

35/-

Bristol Aeroplane

11/.

Imperial Chemical Ind. 32/0

Amoy

Batavia

Loudon

Baby

Mapiis

Onlentia

Haiphong

Nagasaka

Hankow

Kobe

United Steel

24/-

The

Woolworths

54/9

Was.

Marsmare Investments

5/71

Western Holdings

Sub-Nigel

Shell Trans,

(bearer)

⚫ bid.

& Trad.

t' ex 'div.

13/10/ 140/-

48/3

There were sellors at 1/3 up to September, buyers at 173.1782 for any delivery:

U. S. DOLLARS

No business was reported. There were sellers at 24.1/2 for near and 24.9/10 September, small buyers at 240/16 July,

SHANGHAI DOLLARS

Quiet. Business was done during May

the Course of the morning at 462 NEW YORK COCOA

od at which time with sellers Dec

at 13/4, buyers at 482.174.

Sterling opened with

3:1/4 and closed at 3.15/64 for N.Y. Olelal Suver Spot US Dollars opened with gel-N.Y./London Cross Rate

5.9/32. At the cbse selfers were reported again at 6.5/18 for Cash

AFTERNOON MARKET

Quiet

STERLING The market closed with sellers at 1/3 up to September, buyers 81 1/31/32 for any delivery.

U. 8. DOLLARS

The market closed with sellers at 24.1/2 for near and 24.9/10 September with small buyers at 24.9) 16 July.

SHANGHAI DOLLARS Closed with sellers at 462.1/4. buyers probably at 462.1/2 for Spot.

SHANGHAI MARKET

The market closed with zetters of Bierling at 3.15/04 for Spot and

.8. Dollara sellers were reported

at 6.5/18 for Spot,

[

Shanghai Exchange

Shanghai, July 15 meuters.

Umcisi TT. Rafes

London

New York

Opening

LONDON METALS

EXCHANGE

London, July 14 (Reuter).

Market steady. Early smelter National Bank of India selling again attracted buying of B.-A, Tob. (bearer)....... cash from one trade quarter,

H.K. Stock Exchange

Tuesday, July 15 BUYERS

EK. Govt. 31% Loan (1934) X.I

'921.

Canton Ins., $235. H.K. Fire Ins.,, $186 Humphreys $3.75

Chinese Estates, $101. Lights (0), $5.90.

Wifétkes" (0) X. Rts.. $an Tectrics TN), $21,

Macan Electrics, $18.

··948-8/16-

043/16

Japan

India

17-578

SELLERS

Hongkong Parin

21-1/8

Providserks, $5

nominal

Hotels, $3.80

Kterling

Jands, $35.75

Lights (0), $6.10

opentrig

SALES

Spot July

[0/9-17£ |··~0/3÷15/04

-0/3-1/4 0/5-15/84

Aug.

****** 048-1/4.

0/3-15/64

Providents, $5/595.

UB. Dollars

Electrics Rt., $11,90

Spot

July

$5-5/16 5-9/16

Aug.

5-5/10 - ...

$5-5/18 1-9/32 5-8/32

| HONGKONG

The Klangst Association for the Promotion of the New Life Möve- ment has fixed August 1-7 as harvest week when all soldiers, policemen and students will be mobilised to help the farmers to reap the harvest.

TO

and TIENTSIN

LONDON STOCK EXCHANGE

LONDON, July 15 (Reuter)

Stock Exchange yesterday much quieter but proin taking only partially checked the advance.

Guit-edged securities were sound times a shade lower, but Indus

hield trials and oils were well with some further advances re- corded

There was some activity in rot. bars, especially Anglo-Dutch, white shipping was also firm.

Kaftirs were dull but diamonds were steady. Japanese bonds re- 'ceded" and interest waned in

South American' rails

Wall Street was steady

SILVER MARKET

LONDON SILVER London, July 14 (Reuter). Silver Little trade demand and carrying bull contracts with offers light. Market very steady,

Spót, 23-6718d. Forward, 23-3/8d:

BOMBAY SILVER Bombay, July 14 (Reuter).

Indian Mint Silver

83-00-0 Ready!!! July 19 Settlement.. Aug. 18 Settlement.... 62-15-6 62-13-6 Sept. 17 Settlement.....

LONDON GOLD

London, July 14 (Reuter). Har Gold; Fibo per os. 168/

INDO-CHINA

HK Govt-84-boan (1984) 11. STEAM NAVIGATION COMPANYIN

Operating Services for Cargo and Passsogers

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

KOBE and OSAKA

SINGAPORE PENANG and CALCUTTA

SANDAKAN

HAIPHONG

ME

All steamers berth blongakis

· tho' Roosevelt' Termins) in

the French Concesión 'në **Abangbai, where paasongori

and cargo are landede

Market:-Quiet.

'Bliver: Duty Ente

The Central Bank of China's

rate on Lordon at 10 am, today **B÷1/2+1/21.

SHAREBROKERS

· ASSOCIATION

Volums of Business Trannerted

on Tuesday, July 15, 1941. SALES

The Equalisation rate was 21-1/2 China Lights (0) - per cent.

Calentin Exchange

500 - $8.08

00

0.05

Cements

200

16 35

H.K. Roetelds (D)

200

22,25

HK Tramwaya

For further particulars

400 17.40

Caleutta, July 14 (Router). -on/Japan, B1-1/2

HR Hotels.

ploass apply toss

2003.70

67-100 81.00

1,900

India Rupee Paper

Bombay, July 14 (Houter), Govt 1% Rupec, 96 da

H.K. Wharves

TOM VARENU" BATANG 00:

Penang

CURRENT Acerra opened and FIXED DEPOSirs received for One 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 CURRENCY and FIXED De interest allowed at rates obtainable POSITS received for onS

year or on application. shorter periods in Local and other

The Bank's Head Office in London. Currencion on terms which will be undertakes Executor and Trustee

business, and olaima recovery of

SAFE DEPOSIT BOXES of British Income Tax overpaid, on

TRUSTEE and EXECUTOR business undertaken. Hongkong, 28th February, 1941.

HONGKONG SAVINGS

BANK

The Business of the above Bank is conducted by the HONGKONG & SHANGHAI BANKING COR PORATION. Rules may be ob tained on application.

For the HomeKONG & SHANGHAI BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong, 35th Feb., 1929.

THE CHASE BANK

15, QUEEN'S ROAD, CENTRAL

HEAD OFFICE:

18, PINE STREET,

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

SAFE DEPOSIT DOXES -

This Bank is a subsidiary of The Chase National Bank, New York, with Besources of over. 11.8.8.3,600,000,000,

D. L. BALLANTYNE...

12th June 1941.

Manager.

THE MERCANTILE BANK OF INDIA, LIMITED

Head Omdal-P, Gracechurch Strost,

pain London, E C9

Authorised Chazićtal

Subscribed Capfel

Prid-up Onjeni ··

Barve Fund and Barb

BANKERS

The Bank of England, and Midland * Banks L50.

THE BRANCHES.

Bougkok atny

Doboibo

Lattan

Kuantan

Kandy

|Ghilla.

Bongkang

Howrah

Kota Bharu

'Maw, York

terma which may be ascertained at any of the Agencies and Branohes

W. H. EVANS THOMÁS,

Manager.

BANK OF EAST ASIA,

! LIMITED

Authorised Capital....$10,000,000.00 Paid-Up Capital Referys and Undivided

Profits

5,598,000.00

8:063,901:50

Head Offbe;-HONG KONG No. 10 Des Voeux Road, Central

Board of Directors:

HON. SIE SHOUSON CHOW, Chairman

Li Lan Sung, Esq. Li Koon Chan, Esq. EK Kwok, Esq. Worg Tan Tong, Eng.

Fung Ping Wab Bad,

KAN TONG PO. Esg, Chief 'Manager HON. MR. LI TE FONG, Manager

Branches and Agencies:

Kowloon

Plani Singapore

New York Hostile- YAKUSTER

Shanghai Peiping

Every description of Banking and Exchange business trensscted. LosAS granted on approvedl securities.

Current Accounts opened in Local Currency and Fire Deposits re- esired for one * or aborter periods in Loos! Foreign Cur rencies on term which will be quoted on application.

SAFE DEPOSIT Bózka To Las,

KAN TONG PO,

Chief Manager.

BANK OF CHINA

Spesiale Chartered by

Kola Tracks THE NATIONAL GOVERNMENT

OF CHINA 18 AN INTERNATIONAL EKO ANGE

Padang

Shanghai

Koala Kapla Shimik -

Endla Lumpur Alaysporá

HONG KONG BRANCH:

Every"description" of Broking and Exchange. benities.transnobuck (ASI

TRUSTEE LAND. HELEUUTORSHIP

AW UNDERTAKENSANGAN CURRENT ACCOU

BANK

PAID UBOAPITAL 840,000,000:00. (BYANCHEK ALL OVER CHIKĀ)

Owing to our nume

in China and conneo

Kapal bool Car principal Commercial résay WASPIKED DEFOBIEE Motived in Lom the World, we are able Quering ER Gags on born at way bo to our Clients specia snoerbalked'an api Bestión.

Domestie and. Foreiga Exchange

WANT ADS

Head Ofoe:

Hong

SHANGHAT

Branch 3

BHO

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