28,880
108,110
Other Accounts Total
60.150
158,200
Government Securities
142,840
Other Securities:----
Discounts and Advances
11,570
Securities
19,560
10
8 8 8 8 8 8 8 8 8 8 8
Total
31,120
460
Notes and Coins
31,070
Total Bullion
1,990
12 3/4
Notes in circulation
850,920
On Japan:--
On demand
102 3/4
On India:---
Ratio of Reserve to Liabilities.. Price of Gold at which holdings
are valued
16.60%
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
JULY 25, 1941.
On London:
Telegraphic Transfer. 1/2 7/8 Bank Bills, on demand 1/2 7/8 Credits & months" sight Op Shanghai:--
On demand
On Singapore:---
On demand
BANK OF ENGLAND
London, July 24 (Reuter).
Public Deposits Other Deposits:-
Bankers
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTEE'S SERVICE)*
JULY 25, 1941.
Last Sale
Johnsmanville
Kencecatt Copper Libbey-Owens-Ford
National Aviation
National Distillers
July 17 July 24
(0008 Ommitted)
$14.330
124,350
STOCKS
STOCKS
Last Sale
49,280
July 24
July 24
Sterling
173,630
Adams Express
TA
€77.
148,030
Alleghany Steel Co.
SATURDAY, JULY 26, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION.
Authorised Capital $50,000,000
INDIA, AUSTRALIA
AND CHINA .
Issued & Fully Paid-Up $20,000,000 | Incorporated by "Royal Charter, 1863
Reserve Funds:
H.K. Currency Reserve $10,000,000 Reserve Fund Reserve Liability of
£6,600,000 Paid-Up Capital
£3,000,000.
£3,000,000
231
39
Proprietors
$20,000,000
Allis Chalmers
$14
Glass 204
10:320
Amer. Can
8B4
Lockheed Aircraft
27
Head Office:-HONG KONG
19,150
American Cyanamid B
408
Loew's Inc.
32号
29,470
Amer. & Foreign Power
29,250
AmerForeign $7 pf.
20
Martin, Glen L. Co. Montgomery Ward
201
Board of Directors:
36
Hon. Mr. J. J. Paterson,
1,910 852,650
Amer, Locomotive Co
141
81
Amer Metals...
191
Nat. Dairy Products
141
W. II. Lock, Esq.,
15:58%
Amer. Badiator
BJ
22봉
Amer, Rolling Mill.
15
Nat, Power & Light
7
J. K. Bousfield, Esq.,
188
188/-
Amer. B'ting and R’ing Co.
45
National Supply Corp.
7
A H, Compton, Esq.,
Telegraphic Transfer and demand
82 1/8
Amer, Sugar Refining
187
New York Central
131
L. J. Davies, Esq.,
On New York:----
FEDERAL RESERVE SYSTEM
Amer. Tel, & Tel.
1544
Niagara Hudson Power
21
Hon. Mr. S. H. Dodwell,
Amer. Tobacco "B"
71
G. Miskin, Esq.,
N. American Aviation
144
Bank Bills, on demand 24 5/16 Credis, 60 days' sight 25 1/16
K. & Morrison, Esq.,
RETURNS
Amer. Waterworks
5
North American Co. (New)
131.
Hon. Mr. T. E. Pearos,
Chairman
Deputy Chairman.
£3,000,000 PEAD OFFICE: LONDON:
38, Bishopsgate E.0.2. Sub-Agencies in London:
117/122, Leadenhall Street, E.0.3. West End. Branch: 14/10, Cockspur Street, S.W.1. Manchester Branch: 82, Mosley Street, Manchester, 2
AGENCIES AND BRANCHES:
ALAR STAN
HONG KONG FENANG ILOILO IPOE
Reserve Liability of Pro-
pristora
Anaconda Copper
291
Northern Pacific
72
On Batavia:~
New York, July 24 (Reuter).
On demand
46 5/8
1940 July 18
1941
1041
Atchison, T. & S. Fe.
300
Packard Motors
22
On Paris:--
(100's
July 17 July 24
Omitted)
Aviation Corp.
34
Paramount Pictures
117
..
Baldwin Locomotive Co
10
Bank Billa, on demand Nom. Credits 4 months” sight (zom.
Pennsylvania R.R
21
$
Bills Bought
On Balgon
U.S. Securities held
On demand ............................. 106 1/4
Federal Reserve Ratio
$
2,450,000 2,184,000 09.07% 91.00%
3
Baltimore & Ohio
4
Phillips Petroleum
451
Branches:
Barnsdall ou e
101
Pullman Inc...
281
2,181,000
Amoy
Johoro
Bendix Aviation
381
Pure Oll
10
91,22%
Bangkok
Kobo
Bethlehem Steel
765
Radio Corpn. of Am.
37
Batavia
Kowloos Son
On Manila:-
On demand
On Bangkok:~~
48 5/8
Federal Reserve Credit Outstand-
Ing
Bliss & Co., EW. (com.)
174
Reading Company,
Com
177
Bombay
Kuala
Franoise
Hon. Mr. A. L. Shields Bir Vandeleur M. Grayburn,
Chief Manager.
Rangoon Saigon
CALCUTTA
KOBE
AGENCIES: KUALA OLIVE STERNT FANE PLADE
CANTON CAWNPORO GEBU coĻOMBO
LUMPUR
KUCHING MADRAS MANILA. MEDAR
SINGAPORE
SITIAWAN
SOULABAYA
TAIPINO
TIENTSIN TONGKAH
AMRITSAR
BANGKOK
BATAVIA
BOMBAT
KARACHI KEANG
KANGOON
SAIGON
SEREMBAN
SUJANGHAI
Monetary Cold Stocks
On demana
148 1/2
Industrial Advances
2,501,000 2,294,000 2,248,000 22,684,000 20,256,000 22,655,000
9.118,000 9,807,000 0,859,000
Boeing Airplane: Co.
178
Borg-Warner ....
Briggs Mfg. Co.
Co Sterling Notes:-
Bank Buying Rate...
Now.
Budd M'facturing Corp.
Canadian Pacific
93 1/2
The London New York CT038-
Bar Bilvet per ok...............
Market Report
FROM ROZA BEOS
Friday, July 26. Süver prices were unquoted American Silver wcas quoted at 34.3/4 for Spot, Allver advices rp. ported the market as being steady.
N.Y. COMMODITY MARKET
(REUTER'S SERVICE)
New York Cotton, Oct. New York Rubber, Sept. Chicago Wheat, Sept. Chicago Corni, Sept.
rate was quoted at 4031/2. New N.X. COTTON York/London was quoted at 404.
New York, July 24. Prev Iligh Low Close Change 16,84 16.65 16.30 16.63 20 up 22.00 22.74 22.60 22,75N .15 up
Celanese Corp......
Chesapeake & Ohio
Chrysler
Columbia Gas & Elec.
Commercial Credit Co.
Com, & Bouthern (Ord,)
Consolidated Edison Co.
Consolidated..
1043
75*
1001 1044 1001 753 75 7&t
18 up
Copperweld. Steel
up
Curting Wright (C)
Distillers Corp. (Seagrama)
Douglas Aircraft
Closing Ranges Changes
MARKET
Oct.
10.63/83
Quiet
Dee
28,75/75
STERLING
Jan.
16.80 N
There were sellers at 1/3 op to October, buyers at 1/3.1/32 for any delivery
Mar.
16.90/90
May
18.39/00
July
10.88/89
P. S. DOLLARS
at lunch time with sellers at 24. | Mar.
23.75 N 21.45b/556 21.80b
Total sales:-200 tons,
NEW YORK HIDES: Dec
14.56b/62a Total sales:-14 lots.
463.
Dec
deleted 1088/1083 11 up 108/1077 1 up Wednesday's sales:-17,056,000
market
75/751
Spot. U.S. Dollars opened at 6.11/32 Dec.
78/78
Sept.
10,32b 10.85&
N.Y. BLACK PEPPER:
Sept.
Quier
Dec:
6.27b/32a 6.36b/408
29 up .29 up Wednesday's sales:-305,700 bales
A small business, was, done early N.X. RUBBER:
in the morning at 24.11/16 for near Sept
and September, The market closed Dee.
11/16 for near and forward. buyers.
at 24:3/4 for Cash,
SHANGHAI DOLLARS
Opened with sellers at 461.1/2
but subsequently the rate rose to CHICAGO WHEAT-
Towards lunch-time the rate! july
receded again to sellers at 461.1/2. Sept. buyers probably at. 461.3/4.
SHANGHAI MARKET Sterling opened with sellers at bushels. 3.15/64 towards the close
the CHICAGO CORN: W88 reported as: being July deleted steadler with sellers at 3.1/4 for Sept.
for Spot and then receded to 6,5/16. NEW YORK LARD:
Towards the close sellers were re- ported again at 5.11/32 for Spot, Dec.
AFTERNOON MARKET
LONDON STOCK
EXCHANGE
(REUTER'S. SERVICE)
London, July 24. 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.
Gen. MotorS
Gen. Railway-Signal
Du Pont de Nemours
Eagle Picher Lead
29 up
Hec. Autolite Co.
23. up
Elee Bond & Share
25 up
Elec. Bond & Share $5 pf.
.31 up
Elec, Bond & Share $6 pf.
Elec. Power & Light $7 pf.
Flintkote
Gen Electric
15 up .10 up ,20 up
Gen. Tire & Rubber
£
Goodrich (BE)
.03 up
Wor Loam 34% (Red
after 1952) Defence Loan, 3%
11
104-13/16
100%
Goodyear Tire & Rubber... Great Northern Iron Ore ..
Great Northern Rly, pfd.
Canton-Kloon Rly 5%
10
Great Western Bugar t
Chinese 44% Gold Loan
Inter, Nickel
1898. (Brit. Issue) ...... Chinese. 5% Gold Bonds.
1925/47
47
Inter. Paper & Power.... Int. Tel & Tel, (Fon, Is.) -2}"
45
Chin. 44% Anglo-French
Loan, 1908.....
45
1941
Chinese 5% Crisp Loan
1912
294
High Low Dow Jones Averages 138.50 116.330 Industrials
30.64 20.64 20 Rails:
up
Chinese 5% Reorg. Loan
20,65 17:22 16
up
1913 (Ldn: 18.)
38
-92.19" 89:56.40
.05 off .02 off
Chinese 8% Ster. Notes
1925 (Vickers)
75.00 55:48 11
Chin. Imperial Rly. 5%
Loan
30 up
Ronan Rly. 5% 1903-
27 up
Bukuang Rly. 5%, 1911
STERLING There were sellers at 1/3 up to October, buyers at 1/3.1/32 for any delivery.
N.Y. COTTONSEED OIL:
(LAP. N/Y. Iue)
Sept.
11.68/68
.10 off
Hukuang. Rig. 5%, 1911
Dec.
.02 off
Sept Dec.
buyers at 483,
SHANGHAI MARKET
Sept Dec
1.391b/340 1.374b/388
Business done:990 lots. NEW YORK COCOA
7,430 7.58/82
07 up 05up .06 up
Tientain-Pukow Fly, 5%
(Brit, Stpd.) Tientsin-Pakow. Rly, 5%
(German Stpd.)
12
Tientsin-Pukow Rly. 5%
.11 up
*** * * 0 Ge
HK & B'bai Banking
84 Corp. (Col. Rog.) Chinese Eng: “& Mining
(bearer)
13/6 Chosen Corporation...... 4/- Mercantile Bank of In-
dia, £5, "
124
Pekin Syndicate
15.
S'hai Elec, Constr. Co.... 15/-
18 S'hat Waterworks "A"
Union Insurance ............... 22
U. 8. DOLLARS
The market closed with sellers at 24.11/16 for near and forward, buyers at 24.3/4 for Cash and also October.
11.40/40 N.Y, SUGAR No. 8: July
deleted dept....... 2.57b/808
Business, done:-227. lots. N.Y. SUGAR No. 4:
SHANGHAI QOLLARS Opened with sellers at 481.1/2 May 147b/47 and closed with sellera at 462.1/2,!
Opened, in the afternoon, with NT, WOOL GREAṆE-
and Dec.......... 93.80/94.0a
sellers of Sterling at 11
closed at 3.15/94 for Spot, Dollar unchanged at 5.11/8 Bpot.
U. 65. N.Y. Official:Silver
Shanghai Exchange
6hanghal, July 25 (Reuter);
unelal T.T. Raton
Opening
London
New York
Japan
India
Horgkong Parla
Sterling
Bollers
for NY London, Oros, Rate
(German Issue)
Lung Tsing. & Ha!
Rly. 5%, 1913
.02 off 'hal-N'king. Rly. 5%......
(Brit, Stpd. Supl Loan)
Tientsin-Pukow Rly, 5%
(Ger. Stpd. Supl. Loan)
12
09 up Jap. 6% Ster. Loan, 1924 24-25
Ger. 7% Inti, Loan, 1024 44 3 up Chartered Bank... 34-3/4: AK & Shat Banking
4,04 Corp. (Lan, Reg.)
|· LONDON METALS
EXCHANGE
London, July 24 (Router).
Tin, Standard, Casti, Middle Price, £280,
Gula Kalumpong Rubber 15 Lon., Mid. & Scot., Bly. 13 Great Western Riy
30+
91.60 .04 up. 76.85 .64 up Business Done: 620,000 shares
SILVER MARKET
LONDON SILVER
London, July, 24+ (Reuter), Silver-Little traden demand met from production quarters. Market steady..
Forward. 23-1/2d,
BOMBAY SILVER
Bombay, July 24 (Reuter). Market--Steady "Offtake 75 bars..
- Indián Mint Siver Ready
63-01-0
INDO-CHINA
Tin, Standard, 3 Months, Middle STEAM NAVIGATION COMPANY LTD.
Price £202-7/860622
Market firm on Far Eastern de Operating Bervices for Cargu sad Passengers
0/3-4/16
5-3/16
17-6/8
velopments, which was mainly ram
TO
21-1/8
nominal
sponsible for the rise with; da«, mand also improved
LOANS
Opening Closing:
9/9-15/04. 0/3-1/4
BROKERS
New York July 24 (Reuter), Loans on securities to biokers in New York:
WK-indod Wiki-ended Wk -endid .18/7/40 17/7/41 24/7/41 -11/92 30-11/323287,000,000 $303,000,000 $333,000,000
Spot
July Aug.
0/3-15/64 0/8-1/4 0/3-16/0 0/3-1/4
U.S...Dollars
Spot
July
6-11/39- -6-11/32
Aug
6-11/386-11/89... LONDON GOLD
Market: Qulos
Alfer Duty Hato
The Central Bank of China's rate on London at 10 am today. WHE 1/2-1/24)
The Equatioutien rake was 24-175 par dent,
London, July 24 (Router), Bar Gold, Fina per os 168/~\
Calcutta Exchanges
2. Calcutta, July-24-(Router),
T/T, on Japan, 81-272
SWATOW, SHANGHAI, TSINGTAU, CHEFOO.
and TIENTSIN
KOBE and OSAKA
SINGAPOLE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth" alongsido the Roosevelt, Torminal its the Fronell Concessional" Shanghai, whore passengers and cargo are landecis
For further particulara:
please apply to
Penang
Singapore IIAIPHONG Sourabaya HANKOW (Peking)
Tsingtao Yokohama
FOREIGN EXCHANGE and, General Banking Business transacted.
CURRENT ACCOUNTS opened and Faxin DEPOSITS received for Ons Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNte also opened in
CUERANT ACCOUNTS opened in Local Currency and Sterling with LOCAL CURRENCY and FIXED, Dr interest allowed at rates obtainable POBITS received for one year or on application.
Currencies on terms which will be undertakes. Executor and. Trustee
SAFE DEPOSIT · · BOXES various sizes to-let.
of
TRUSTLE 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 HookONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1939.
THE CHASE BANK
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
business, and claims recovery of British Income Tax overpaid on terms which may be ascertained at By of the Agencies and Branches
W. H. EVANS THOMAS,
Manager,
BANK OF EAST ASIA, LIMITED
Authorised Capital ...$10,000,000.00. Paid-Up Capital
5,588,600.00 Reserys and Undivided
Profits
9,993,281.50
Head Office:--HONG KONG No. 10. Des. Voeux Road, Central
Board of Directors:
HON: SER SHOUSON CHow, Chairman
Koon Van Eeg ·
P. K. Kwok, Esq Wong You Folg, Eag
-Li Hate Sang, Eq
Wong Cha Son, Eag
Fung Ping Wan Esq.
KAY TONG Po, Eso, Chief Manager HON. MR. LI TRE FONG, Manager,
18, PINE STREET,
NEW YORK. An American Bank offering com plate Foreign Banking Service in the principal Markets of the Amy, world.
SAFE DEPOSIT BOXES
This Bank is a subsidiary of The.
Chase National Bank, New York, with Besources of over 11.8.8.8,800,000,000.
D. L. BALLANTYNE,
12th June 1941:
Munager
THE MERCANTILE BANK
OF INDIA, LIMITED'
Head Ofco:-15, Gracechurch Street:
London, EG
i
Authorised Capital
Huberabad Capita
Reserve Fund and Best,
BANKERS:
£8,000,000
The Bank of England and Midland
Bank, Ltd. BRANCHEST
Bangkok
Bombay
Delbi
dialle
Fidas
Xantad
Delonaboje, Kandych Karobl Bohong. Koala, pla
Kaiphong Bankow
Branches and Agencies
Hondialu
Kobe
KUTIJOS PERNITY" Slappers Louden BADgoon Buscabaya Manila Balyon Bwkow Melbourne San Fran- Bydaay cleo umtal New York. Seattle Vancouver Bemarang
Priplig Shanglia
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 one year or shorter periods in Local and Foreign Cur Foncice on terms which will be quoted of application;
SAFE DEPOSIT BOXES TO LET
KAN TONG FO
Chef Manager.
BANK OF CHINA
Specially Chartered by Kal Trong THE NATIONAL GOVERNMENT
OF CHINA AS AN INTERNATIONAL EXCHANGE
Mindrea New York
Prong HADECOR
Bowral Keats Immper, alugapore HONG KONG BRANCH:
Every description: of Hanking; auð; Exblikage Guides Granad
TRUSTER AND EXECUTORSHIP
PAID UP CAPITAL $40,000,000.00 "(BRANCHES ALL Over China)
Owing to our numerous Branohes GAERUNDERTAKENU •ng chain · Chink and connections in the ¡QURDENT ACCOUN78, opened in Loosi Car | principal Commercial Centres of rendy FIXED DEPOSITA wosited in Looal the World, we are able to extend OUTROSYANESTERLISOSCACSAMT VRÁÐ÷ummy-be“
WANT ADS
ang
Quick!
*to our Clients Speciál facilities for Domestic and Foreign:Banking and Exchangers held
Mead' Offjos:- SHANGHAT Hong Kong Babək v
4 QUEEN'S ROAD, C. South Chind Offione':
DANTON
ATOW:
SHIUCHOW
KONGMOON TOISH
KINGCHOWALL
niso handle the issue of Bunda
and other Public Funds of the Ubinėse Cloraramant both at Home, Khl "ABFbad
SHOU J. CHEN
Managers
Remington Arms Cos Ine.
Calcutta
Lumpar Bhanghai DELHI
19
Republic Aviation Corp.
93.
Cauten
London
(Bhaket)
TSINOTAU
NEW YORK PEIFING
YOKOHAMA
191
Repubile Steel
201
Chefoo
Lyons
44
Reynold Tobac. "B"
Colombo
Malacea
Sungei
32
Dairen
Manila
41
Schenley Distillers
131
Foochow
Muar
Patani Swatow
254
Shell Winton Ø11
152
за
Socony-Vacunum Oll
10
Hankow
Haiphong (Johore) Tientsin
Mukden Tokyo
551
Southern Pacific
132
Barbin
New York
34
Southern Rly $5 pfd. .....
201
Iloilo
Peiping
24
apleer Manufacturing Co.
38:
Ipoh
7/16
Standard Brands
53
19
• Standard Gas & Eléc,
194
BL
Standard Oil of NJ,
45
16
Studebaker Con
82
91
shorter periods in Local and other
The Bank's Head Office in London:
Swift International
231
161
Technicalor
91
quoted on application.
742
Texas Corpn;
437
1581
Trans-America Co.
41*
10
20th Cent, Fox Film, Com.
62
278
Union Bag & Paper Cörp.
12
2
Union Pacifleman
82+
51
United Aircraft-
424
57+
United Airlines Trans
121
354
United Corpn
14
United Corpn: $3 eum pf.
24
324
United Gas Improvement
74
38
U.S. Rubber
238
141
UA Steel...
582
13
Vanadium
201
17
Vultee Aircraft
78
184
Walworth Co.
17+
Warner Bros. Pict.
27
Westinghouse Elec,
92
26
27
184
Woodward Iron Cor. Chase National Bank National City Bank
Libby, McNell
DOW JONES AVERAGE.
July 25, 1941.
Jaly, 23, High Low Close
129.18
129:10 128.39 128.59
Change .67 'off
30.20
30.58 30.29 30.36
„335 up
Utilities Bonds
18.78-
18.76 18,61 18.65
13 olt
Commodity Index
91.50 76.81
Bataris
Bonotar
11 1/
Bpot, 29-1/2d.
National Bank of India · 314...
82/6 B-A, TOD, (bearer) Dunlop Rubber ........... 3479·· Bristol Aeroplaze
11/ Imperiat Chemical Ind. 31/3 United Steel
23/8
Aug. 18 Settlement Sept. 17 Bettlement:
63-01-0 03:01-67
Western Holdings Sub-Nigel
14/41
141/3
Woolworths
54/-
Shell Trans. & Trad.
(bearer)
45/T
Pald-op Ospitale
Marsman Investments 5/71
* bid
tex. div.
No comments yet.
Private notes are available after approval.