1941-07-28 — Page 10

(Red

Defence Loan, 3%

1042 1001

(Ger. Stpd. Supl, Loan) Jap, 6% Ster. Loan, 1924 Ger 7% Intl, Loan, 1924 Chartered Bank

12

en Singapore:--

22.23 41

On demand

Jn Japan:-

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

LONDON STOCK

EXCHANGE

(REUTER'S SERVICE)

London, July 25.

The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and do responsibility is assumed for etrors in transmission.

War

Loan, 34% after 1952)

LONDON METALS

EXCHANGE

London, July 25 (Reuter). Tin, Standard. Cash, Middle Price, 261-1/8.

Tin, Standard, 3 Months, Middle Price, 263-5/8.

Market firm on stronger United States advices.

Tleutsin Pukow Rly, 5%

MONEY AND EXCHANGE

CLOSING QUOTATIONS

JY 26, 1941. London:----

Telegraphie Transfer, 1/2 7/s Bank Bills, on demand 1/2 7/8 Credita 4 months' sight Jo Shanghat:—

On demurd

NEW YORK STOCK EXCHANGE

STOCKS

Adams Express

QUOTATION

(REUTER'S SERVICE)

JULY 21, 1941.

Last Gale

STOCKS

Last Sale

July 28

July 20

Sterling..

78

Alleghany Steel Co. Allis Chalmers....... Amer. Can

243

Johnsmanville Keimecos Cupper

68*

Reserve Liability of

MONDAY, JULY 28, 1941.

BANKS

HONGKONG & SHANGHAI | THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital $50,000,000

INDIA, AUSTRALIA

AND CHINA

Issued & Fully Paid-Up 820,000,000 | Insurporated by Royal Charter, 1855

Reserve Funds:

£6,500,000 Paid-Up Capital

H.K. Currency Reserve $10,000,000 Reserve Fund......

£3,000,000 ..£3,000,000

391

Proprietore

$20,000,000

31

· Libbey-Owens-Ford

Glass

289

Reserve Liability of Pro-

prietors ......

£3,000,000

89

Lockheed Aircraft

271

Head Office:-HONG KONG

American Oyanamid B.

4.0

Loew's Inc.

331

450

Ainer, & Foreign Power

13/16

Amer & Foreign $7 pt. ...

192

Martin, Glen L. Co. Montgomery Ward

29

Board of Directors:

35號

Hen, Mr. J. J. Paterson,

52 3/4

Amer. Locomotive Co.

148

National Aviation

B*

Amer, Metals

191

Nat. Dairy Products

141

W. H. Lock, Esq.,

3-15/16

On demand

102 1/4

Amer. Radiator

National Distillers

22

Deputy Chairman

Canton-Kioon Rly. 5%

10

H.K. &

S'hal Banking

On India:-

Chinese 4X Gold Loan

1898 (Brit. Essue)

Corp. (Lan, Reg.)

71

Telegraphic

Transfer.

Amer. Rolling Mu

15

Nat, Power & Light

61

J, K. Bousfield, Esq.,

82 6/8

41

H.K. & S'hai Banking

and demand

Chinese 6% Gold Bonds.

1925,47

Corp. (Col. Reg.)

82

On New York:-

46

Chinese Eng. & Mixing

Chin. 44% Anglo-French

(bearer)

15'6

Bank Bills on demand 24 5/16 Credits, 60 days' sight 25 1/16

Amer. 8'ting and Ring Co. Amer Sugar Refining Amer. Tel,

45

National Supply Corp.

74

A. H. Compton, Esq.,

191

New York Central

L. J. Davies, Esq.,

131

Tel

1537

Niagara Hudson Power

21

Amer. Tobacco "B"

70

N. American Aviation....

159

K. S. Morrison, Esq.,

Amer, Waterworks

47

North American Co. (New)

134

Loan. 1908

46

Chosen Corporation

4/-

Jo Batavia:--

Chinese 6% Crisp Loan

1912

201

Mercantile Bank of In

dia, £5, "CH

On demand

..... 4 6/8

Anaconda Copper

29

Northern Pacific

71

Atchison, T. & 3, Fe.

301

Packard Motors

27

11

Da Parts

Hon. Mr. A. L. Shields, Bir Vandeleur M. Grayburo,

Chinese 5% Reorg. Loan

1913 (1øn Is) Chinese 8% Ster. Notes

1925 (Vickers)

Pekin Syndicate...

1-

38

S'hat Elec. Constr. Co.

15/-

Bank Bills, on demand Now. Credits 4 months' sight zow.

Aviation Corp.

31

Faramount Pictures

114

Chairman

Hon Mr. S. H. Dodwell,

Q Miskin, Esq.,

Hon. Mr. T. E. Pearce,

HEAD OFFICE: LONDON:

38, Bishopsgate E.0.2. Sub-Agencies In Londan: 117/122, Leadenhall Street, E.0.3. West End Branch: 14/16, Cockapur Street, B.W.1. Manchester Briach: 62, Mosley Street, Manchester, &

AGENCIES AND BRANCHES:

HONG KONG PENANG ILOILO IPOR

KARAORI KLANO

ALOR STAR

AMRITSAR

KOBE Chief Manager. CALCUTTA

BANGECI

BATAVIA

BOMBAY

RMNGOON

SAIGON

SEREMBAN

SHANGHAI

Baldwin Locomotive Co.

16

Pennsylvania R.R.

24

Baltimore & Ohio

41

Phillips Petroleum

S'hal Waterworks "A"

16

In Balgono

1

Union Insurance

22

Un demand

Barnsdall Oll

10

106 1/4

Pullman Inc.........

283

Amoy

Bendix Aviation

39.

Chin. Imperial Rly. 5%

Gula Kalumpong Rubber

15

to Manlia!--

Pure Oil

10급

Bangkok

Loan

55

Lon., Mid. & Scot., Rly.

134

On demand

48 5/8

Bethlehem Steel

774

Radio Corpo, of Am.

4

Batavia

Branches: Johoro Rangoon Kobe Saigon

San Kowloon

AGENCIES OLIVE START FAIRCI PLAUE

C'ANTON CAWNPORE CEBU

KUALA

KUCHING BAURAS

LUMPUR

SINGAPORE

BITIAWAN.

ROWBABATA TAIPING

TIENT IN TONGKAR

MANTLA

Honan Rly. 6% 1905

13

Great Western Rly.

364

On Bangkok:---

Bliss & Co., E.W. (com.)

175

Reading Company,

Com

18

Bombay

Kuola

Hukuang Rly. 6%. 1911

National Bank of India

311

On demana

149 1/2

Boeing Airplane Co.

177

Remington Arms Co., Inc.

41*

Calcutta

Lampur Shanghai

(LP. N/Y Issue)

15

B.-A. Tob. (bearer)

82/6

on Sterling Notes:-

Borg-Warner

Republic Aviation Corp.

4

Canton

London

Chefoo

Hukuang Rly. 5%, 1911

Dunlop Rubber

34/7

Bark Buying Rate

Now.

Briggs Mfg. Co.

191

Republic Steel

203

Lyons

Colorabo

Malacca

Sungei

(German Issue)

13

Bristol Aeroplane

11/12

Bar Bliver per os

23 1/2

Budd M'facturing Corp.

41

Reynold Tobae. "B"

32

Dairen

Manila

Patani

Lung Tsing &

Hal

Imperial Chemical Ind

Canadian Pacific

4.

31/1

Schenley Distiliera

141

Foochow

Munr

Swatow

Rly. 5%, 1913

124

United Steel

Z3/44

S'hai-N'king Rly. 5%...

15

Woolworths

53/9

Tientsin-Pukow Rly 5%

Marsman Investments

5/71

(Brit Sipd.)

12

Western Holdings

14/4

Tientsin-Puko# Rly. 5%

Sub-Nigel

141:3

(Gempan Stpd.)

12

Shell Trans

&

Tientsin-Pukow Rly 5%

(bearer)

(Brit. Stpd. Sup!, Loan)

12

• bid

Trad.

1 ex div.

45/-

ASSOCIATION

Luyorm

Bellers

Balet Marinal

SATURDAY

Buyer

Bellom

$75

$185

+

Indo-Ching (Def.)

80.55 Work

Valerbonis..

Docks, Wharves,

800

$6.80 Providents........

816.80 H.K. Docks (Old)....

R.K. Docks (New).. +Changbai. Docks..........

Mining

និង

E23

211

$74

Bank of East Asia.

N C. A 8. Banks...

Insurances

18

$225

Canton InsuranceS

$400

$405

Union InsuJORÇËS.

$220 $400

UnderwriterA

75 cts.

++

H.K Fires.

$185

Shipping

$120

FroFnees

€190

B

Steamboats

$8.4

BR0

Indo Chinas (Pref.).

890

#70

870

45:0

Auraliu

46/0

$44

Godowns, etc.

HK. & K. Wharves

$93

86.80

$10,80

£82 £77

Le 18/16

£231

875

Market Report

FROM ROZA BROS.

Saturday, July 26. Silver prices were not quoted. Silver advices reported the market as being steady. American Silver was quoted at 34.34 for Spot, A The London-New York cross- rate was quoted at 402.1/2. New

HONGKONG SHARE QUOTATIONS York-London was quoted at 404.

STOCK EXCHANGE,

SHAREBROKERS'

25 JULY.

Banks

$1416.K. Banks

Do. (Col. Reg.)...

lo. Lon. Reg.) hartes ad Banke......

Mercantile Bks. "A".

Mercantile ks. "C"

$994

12/8

Kailan

€8 Raubt

.....

2 ots. Boug King Minos......

$10

Lands, Hotels and

Buildings

H.K. & S. Hotels..

H.K. Lands........

Do. 4% Debentures.

Shanghai Londs.

83.30 H.K. Realtics..

#37

Thumphreys .....

Chinese Estates........

Cotton Mil

$101

841

Evo (8.)

$305

S'hai Cottons (8.)...

Zoong Sings (8.).....

MARKET

Nervous with no business pass

ing

STERLING

No business was reported. There were sellers at 1/3 up to October, 81415 buyers at 1/3.1/32 for any de-

livery.

U. S. DOLLARS

No business was reported. There were

small buyers towards the close at 24.11/16 for Cash, sellers at 24.5/8 for Cash.

SHANGHAI DOLLARS

Business was done early In the morning at 461.1/2 but subse- quently the rate rose rapidly and towards the close there were pro- bable sellers at 470, buyers at 471. SHANGHAI MARKET

Sterling opened with sellers at 3.1/4 and the last rate received reported the market $ being weak at 3.9/64 for Spot. U.S. Dollars opened with sellers at 511/32 and closed easier at 5,3/16 for Spot.

Shanghai Exchange

-Shanghai, July 20 (Reuter).

Official TT. Rates

Opening

0/3-3/18 5-3/16 22

Chrysler

High Low Dow Jones Averages 133,60 136.30 30 Industrials

80.54 20,54 20

Haile Utilities 20.65 17.22 16 02.19 80.66 40 76.83 58.46 11

N.Y. COMMODITY MARKET

(REUTER'S SERVICE)

Celanese Corp.

29

Shell Union Oil

158

Haiphong

(Johore) Tientsin

Chesapeake & Ohio

384

Socony-Vacunum Ol

10

Hankow

561

Southern Pacific

134

Harbin

Columbia Gas & Elec.

Bouthern Rly $5-pid.

274

Iloilo

Mukden Tokyo New York Tsingtao Peiping

Commercial Credit Co. Com, & Southern (Ord.)

241

Spicer Manufacturing. Co

38

Ipoh

7/16

Standard Brands

51

Consolidated Edison Co.

19

Standard Gas & Rec.

Consolidated O

61

Standard OU of NJ.

44

Copperweld Steel

16)*

Studebaker Com.

54

shorter periods in Local and other

Curtiss Wright (C.)

9

Swift International

-23+

Distillers Corp. (Seagrams)

18

Technicolor,

91*

quoted on application.

Douglas Aircraft

74

Texas Corpn. ..................

434

SAFE DEPOSIT BOXES

Du Pont de Nemours

1561

Trans-America Co.

various sizes to let.

Eagle Picher Lead....

98*

20th Cent, Fox Film, Com.

68

TRUSTEE and

Mec. Autolite Co,.

27

Union Bag & Paper Corp.

12

Elec Bond & Share

21

Union Pacific

1*

Elec. Bond & Share $5 pf.

52

United Aircraft

422

Elec. Bond & Share 6 pi.

564*

United Airlines Trans

12

Elec. Power & Light 37 pf.

334

United Corpn.

Flintkote

142*

United Corpn. $3 cum pí.

24

Penang

Francisca COLOMBO

DELHI

Singapore HAIPHONG Sourabaya HANKOW (Peking)

Yokohama

FOLION EXOHANGE and General Banking Business transacted.

CURRENT ACCOUNT opened and FIXED DEPOSITS received for One Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.

SAVINGS ACCOUurrs also opened in CURRENT ACCOUNTS opened in Local Currency and Sterling with LOCAL CURRENCY and FIXED De-interest allowed at rates obtainable PORITY received for one усат or on application.

The Bank's Head Office in London

Currencies on terms which will be undertakes Executor and Trustee

business, and claims recovery of of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches

W. H. EVANS THOMAS,

Manager.

EXECUTOR

business undertaken. Hongkong, 28th February, 1847.

HONGKONG SAVINGS

BANK

(Bhuket)

MEDAN

NEW YORK

PEIPINO

TSINGTAO УОКОНАМА

Gen. Electric

32R

United Gas Improvement

78

Gen Motors

981

US. Rubber

234

Gen. Railway Signal

147*

U.S. Steel

591

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

13

Vanadium

254

The Business of the above Bank is conducted by the HONGKONG SHANGHAI BANKING COR-

17A

Vuitee Aircraft

7A

PORATION. Rules may be

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

182

Walworth Co.

52

tained on application.

17*

Warner Bros. Pict.

41

27A

Westinghouse Elec.

92+

Great Western Sugar Inter. Nickel .......

27

Woodward Iron Cor.

271*

27

Chase National Bank

314

Inter. Paper & Power Int. Tel. & Tel. (Fon, Is) *** 27*

181

National City Bank

27

Libby, MeNell

DOW JONES AVERAGE

1941

July 27, 1941.

129.00

July. 26, High Low Close 128.79 128.04 188,70

29.92

30.08 29.87 30,08

Change 84 up 16 пр

16.52

18.30 18.53 18.50

07 up

Bonde Commodity Index

D1.46

01.45

01 off

76.63

Business Done: -860,000 shares

8192

$0 tortainmenta

| 81,80 | Construckloní foli)............

60 otsonstructions (new)......

30 45 Lane Crawfords....

Nnnyalig Toboco......$8.00

38 Sinceres

G.6%

1995 Gda UK. Wing Onlin B'had Wing On $7,30 Vibro, Pilling wi Marannus Inv. (Led.)

9/11 || Marannus Inv., (H,K,)

Wm. Powella.

NA Chemicals (HK) 4Bale to Bhanghai

London

New York

:::

235 2361

F07*

::

13.45

Japan

$361

8971

Indla Hongkong Parle

17-6/8 21-1/8

New York Cotton, Oct,

nominal

Chicago Wheat, Sept.

$3.30 86,80

Sterling

Chicago Corn, Sept.

New York, July 20. Prev High Low Close Change 17.05 17,34 16 90 17,28 21 up 1061 1001 108 1073 it up

754

761

76 751

up

Sellers

Opening

$41

Spot

0/3-1/4

Closing 0/3-9/04

N.X. COTTON

Dec.

Closing Ranges Chienges

May

$306

July

0/3-1/4

0/3-9/84

Det

17.28/28

1091/1094 -14 up 11/111

21. up Friday's sales-13,610,000 bushels

12th Juue 1041.:

Ang

0/3-1/4

0/9-9/64

Dec.

17.39/99

23 up CHICAGO CORN:

Wing On Textilen (8.)

$125

U.S. Dollars

Jani

17.42/42

18 up

Public Utilities

Spot

35-11/32

$5-3/16

Mar.

17.51/51

.19 up

Sept..... 70/781 Dec.

up

781/788

up

117.15

$171

H.K.

Tramways.................... | $171

$17.30

July

5-11/32

Poak Tratas (old)....

Aug,

5-11/32

5-3/16 5-3/18

May....

17.51/51

10 up May

B11/814

July

831

Peak Tratos (now)...

834

17.50/50

14 up

NEW YORK LARD:

Market:Uncertain,

863 Star Ferries.

Y'ati Ferries.

$22.60

$8

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

$6

Silver Duty Rate

The Central Bank of China's

Friday's gales:-297,800 bales,

Sept.

10 52a

CHICAGO WHEAT-

Dec.

10.85b

wh

China Lights (Now).....

$22.10 821

X.Eta, H. K. Mectrica (Old).......! $12)

X.I.

$1.40 rate on London at 10 am, today

was 1/2-1/24.

H, K. Vlectrica(Now)...! $21

.#1

$11811,15

H.K. Electric (Rs) $11

818.10 Macao Electrios

Manne Klootrios

$12

Bandakan Light................

#23

Telephone (old).....

$28)

80

Telephones (how}..................)

Industrials

TT on Japan, 81-1/2

930

Cald., Maeg. (Ord.) 8.

Catea Icon

$143 B181

__

#071

8041

$94

Cements

20 Cald., Macg. (Prof.)8.

88.00. Ropes

175 ota

$16

$8.80

ILK. Girl Lonas

4% Loan

a1%

31%

(1984)... (1940)..

14

MiscellaneoUS

919 Dairy Farms......

#10.

SKI

$1.65

The Equalisation rate was 24-1/4)

per cent.

Calcutta Exchange

Calcutta, July 28 (Reuter).

India Rupee Paper.

Bombay, July 2 (Router). Govt. 31% Rupce, 98-0-0,

974 HONGKONG

SHAREBROKERS

ASSOCIATION

Volume of Business Traniacted

On Saturday, July 8, 1941.

SALES

6.48 HK: Electrics (Old)

100 $22.25

100 17.30

31.78

H

$10

HK, Lands H.K, Tramwaya (m.

100 35.25

200 – 17.30.

200 17.30*

$4%

600 17.30

100-17:30

H.K. Electric Rts.

230 11.00

$1,600

The total value Js $37,030.00,

.10 up ,13 up

Sept. 1071/107 14 up N.Y./London Cross Rate unreed.

WANT-ADS

RRE.

Cheap!

INDO-CHINA

STEAM NAVIGATION COMPANY LTD.

Operating Services for Cargo and Fassengers

TO-

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

And TIENTSIN.

KOBE and OSAKA

SINGAPORE PENANG and CALCUTTA SANDAKAN --

HA PHON

All steamers berth alongside the Roosvelt Terminal in the French Concassion, at Shanghel, whore, passengers

and cargo are landed.

For further particulars

plasen apply to-

HESON

BANK OF CHINA

Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE

BANK

เ

PAID-UP CAPITAL $40,000,000.00- (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 Cliente speoint facilities for Domestic and Foreign Banking and Exchange.

Head Offko-BHANGHAT Hong Kong Branch:

4, QUEEN'S ROAD, C.

South China Offices CANTON KONGMOON SWATOW TOISHAN

SHTUCHOWKINGCHOW

tlso handia the issue of Bunch and other Public Funds Chinese Gövrument both at Home and Abread 14

SHOU JE DHENNET

BANK OF EAST ASIA,

LIMITED -

ob- Authorised Capital ....810,000,000.00

Paid-Up Capital ......

For the HONGKONG & SHANGHAI Reserve and Undivided

BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong, 25th Feb., 1939.

THE CHASE BANK

16, QUEEN'S ROAD, CENTRAL

HEAD OFFICE:

18, PINE STREET,

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

SAFE DEPOSIT VOXES

This Bank is a subsidiary of The Chase National Bank, New. York, with Resources of over 1.8.8.3,800,000,000."

D. L. BALLANTYNE,

Btanager

Profity

5,598,600.00

*** 2,953,281.60

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

Board of Directors: HON. SIE SHOUSON CHOW, Chairman Li Hoon Chun. Esq. Li Lan Sang, Esq; P. K Kwok, Faq. Wong Cha Son, Esq Wong Yun Tong, Esq. Fung Ping Wah Esq. KAN TONO PO, Esq, Chief Manager HON. ME. LI Ter FONG, Manager

Kowloon

Kangoon

Branches and Agencies:

Amoy

Реляти

Batavis

Louding

By

*Salena

Hingapore Bjarabaya BWALOW

QalentCa

Haiphong

Nagasak

doo Tanto

HADOW

Jovella

Remarrog

Kobe

Kelbourne San Fran. Bydney

Saw Tock Seattle Vancouver Parla

Pelping Shanghal

Every description of Banking and Exchange business transacted. Loans grauted 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“ rencies on terms which will be quoted on application.

SAFE DEPOSIT Boxes To LET.

KAN TONG PO

Chief Manager.