1941-08-04 — Page 10

New York Cotton, Oct.

Chicago Wheat. Bept, A.....

Chicago Curn. Sept.

751

New York, Aug. 2. Prev High Low Close Change 16.28 18.99 16.70 18.95 72 up 100 1081 106) 108 21 up

17

Ja London:-

753 781 } up

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

N.Y. Commodity Market

(REUTER'S SERVICE)

MONEY AND'

EXCHANGE

CLOSING QUOTATIONS

AUGUST 2, 1541

Telegraphic Transfer. 1/8 7/8 Bank Bille, on demand 1/2 7/8 Credits 4 months' sight

NEW YORK STOCK EXCHANGE

STOCKS

Adams Express

QUOTATION

(REUTER'S SERVICE)

AUGUST 3, 1941

Last Sale

MONDAY, AUGUST 4, 1941.

BANKS

HONGKONG & SHANGHAI THE CHARTERED-BANK. OF

BANKING CORPORATION

Authorised Capital........... $50,000,000

INDIA, AUSTRALIA

AND CHINA

Issued & Fully Paid-Up $90,000,000 Incorporated by Royal Charter, 1853

Reserve Funds:

STOCKS

Last Sale

Sterling

Aug. 2

Aug. 2

78

Johnsmanville

65

N.Y. COTTON

Ɔn Shanghai:---

Closing Ranges Changes

Alleghany Steel Co. Allis Chalmers .. Amer. Can

24**

Kennecott Copper

38

Proprietors

6,500,000 Faid-Up Capital H.K. Currency Reserve $10,000,000 Reserve Fund Reserve Liability of

£3,000,000 £3,000,000

$20,000,000

Reserve Liability of Pro

prietors

$3,000,000

30

| Labbey-Owens-Ford

Class

20

Bead Office: HONG KONG

281

Lockheed Aircraft

*282

Oct.

16.95/95

72 up

Dec.

17.12/12

14 up

Jun

17.11 N

74 up

Mar.

17.28/26

.81 up

May

17.22/27

78 up

July

17.18/20

74 up

Friday's sales:-189,700 bales. CHICAGO WHEAT-

H.K. Stock

Exchange

Saturday, Aug. 2

BUYERS

On demand

460

American Cyanamid B.

391

Loew's Inc.

331

Ja Singapore:-

Amer. & Foreign Power

Martin, Glen L. Co.

292

On demand

02 3/4

Amer & Foreign $7 pt.

231

Montgomery Ward

343

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

On Japan:-

Amer, Locomotive Co.

{National Aviation

On demand

102 1/4

W. H. Lock, Esq.,

Amer, Metala

191

Nat, Dairy Producta

148

O India:

Deputy Chairman

Amer. Radiator

62

National Distillers ....

224

Telegraphic Transfer. and demand

82 0/8

Amer. Rolling Mill

15

Nat, Fower & Light

54

J. K. Bousfield, Esq.,

Amer. 8'ting and Wing Co.

National Supply Corp.

78.

A. H. Cumpton, Esq..

Sept.

Der

1081/(082 11111111

24 up

24 up

HIK Govt 34% Loan 1934. 94,50 HK Govt. 34% Loan 1940, 9450 Canton Ins., $225.

In New York:-

Amer. Sugar Refining

19

New York Central

134

L. J. Davios, Eaq.,

Bank Billa, on demand 24 15/16 Credits, 60 days sight 26 hj8

Amer. Tel, & Tel.

Hon. Mr. S. H. Dodwell.

1548

Niagara Hudson Power

21

Amer. Tobacco "B"

73

N. American Aviation

16

G. Miskin, Esq.,

May

1134/118

3 up

H.K. Fire Ins., $185

OD Batavia:---

Amer. Waterworks

41

North American Co. (New)

131

K. S. Morrison, Esq.,

Friday's sales:

11,233,000

Providents. $5.75.

On demand

.... 46 3/4

Anaconda Copper

281

Hon. Mr. T. E. Pearce,

Northern Pacific

34

bushels.

Trama $17.

On Paris:-

CHICAGO CORN:

Sept

762/762

1

up

Dec

793/790

i

up

Ropes, $8.30

May

82ja

up

Lights (Old), $5.85

Electrics (New), $21

SELLERS

Bank Bills, on demand Nom. Credits 4 months' sight Nom.

Atchison, T. & §, Fe.

292

Packard Motors

31

Hon. Mr. A. L. Shields,

Aviation Corp.

31

¡Paramount Pictures

134

Hon. Sir Vandeleur M. Gruyburn,

Baldwin Locomotive Co.

15

Pennsylvania R.R.

242+

On Saigon:—

Sure & Ohi

5

On demand

----- 107 1/2

Philips Petroleum

451

Branches:

Barnsdall Onl

97

Pullman Inc.....

281

NEW YORK LARD:

Jo Manils:-

Bendix Aviation

384

Sept

10.17:

.17 up

Providents $6

Pure O

93

Amoy

On demand

49 7/8

Dee.

10,50b

.20 up

Hotels, $3.40.

Bethlehem "Steel

75

On Bangkok:---

Radio Corpn. of Am.

44

Bangkok

Johore Kobe

Rangoon Saigon

N.Y, London Cross Rete

4.03-1/2

Lands, $34:75

Ropes, $8,80.

Bayer Bellar

Nominal Sales

Buyer Bellore Bu

$1316 X.D.

$131

H.K. Banks

276

£72

Do. (Lon. Reg.)

£8ţ

Chartes d Banke

223

Mercantile Вk». “A”

£11)

Bank of East Asia.

Borcantile Bk. "0".

$226

*NT

$406

$1an

: :

#

$120

Tuplanes

BH

490741

$6.6

Waterbosta

801

954

$101

B17

17.30

$5.85 $6.10

$82

32%

+

$21

$10.90

$10,90

$18.50

#

#:

$8.30 $8.60

Sab X.Int. #08

$30

$25

$1430] $142

201

4044

LAR

$10

$102

***uuremugu

Hong King Minos

Lands, Hotels and

13/R

B8

(ube

8 ots

$3.20

$3.40

***

H. & 8. Hotels.

834

8344

HT

3074

Buildings

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

Do. 4 Debanturs...

$17.4 Shangha. Lands.......

83.3

H.K. Realties....

tłumphreys

Chinese states.

Cotton Mil«

$36) Ewo (5.1 $305

S'haf Cottone (8.)... Zoong Singe (8.7...... Wing On Textiles-(8.

Public Utilities H.K. Tramways................. Peak Trums (old)....

Peak Trams (now).;

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

I'mati Ferries...........

Chine Lights (0)......)) $3.75

$1.20 China Lights (New)... XRta. H. K. Electrics (Oldi.

1. K. letrica(Now)... H.K. Electrio (Rts.)

My Electrica

Mnono Electrics

#12 Bandakan Lights...

Telephones (old)...................... Tolaphones (new)ision

Industrials

Cald., Macg. (Ord.) B.

Cald., Mueg. (Prof.)8

$75

N. C. & R. Banks..

Insurances

Canton Insurances.

Unson lastUKM DOËN.......

H.K. Fires.

Shipping

Steamboats

59 Indo-Chinas (Prof.).

$70 Indo-China (Def.)

Docks, Wharves

Godowns, etc.

E.K. & K. Wharves Providents

$18.7.K. Docks (Old)...

A.K. Docks (New)..

$261 | +Shanghai Docks..........

Kailara

Mining

20000011

X.D 81316

LONDON METALS

Tin.

EXCHANGE

London, Ang i (Reuter)

Standard,

Price, £256-1/2.

Cash, Middle

Tin, Standard, 3 Months, Middle Price. £259-7/8.

Market dull and very idle awatt-

Mig for possible Washington ac-: tion

HONGKONG

STOCK EXCHANGE,

Trama, $17.30,

Lights (Old), $0.

Electrics "O" X. Ris $22,26 Macao Electrics, $18.60.

Cements, $14,75

Dairy Farms, $19.26.

Marsmans Inv. (H.K.), $1 -74.

SALES

Hotels, $3.20 Lights (Old), $5.80.

Electrics (New), $21

Market Report

FROM ROZA RKOS,

Saturday Aug 2 Silver prices dropped 1/16 yes- terday for both deliveries. the quotations remaining at 23.7/16 for both Ready and Forward, 11. ver advices reported a quiet mar- ket.

American Silver was quoted

SHARE QUOTATIONS at 34.3,4 for Spot.

SHAREBROKERS' ASSOCIATION

SATURDAY

2 AUGUST.

Banks

Do. (Col, Reg.)...

The London-New York Cross

New rate was quoted at 402.1/2. York-London Was quoted at 1403.1/2.

MARKET

Carmela Gus & Mec, Commercial Credit Co. Com, & Southern (Ord.) Consolidated Edison Co. Consolidated Oil Copperweld Steel Curtiss Wright (C)

On demana

149 1/2

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

160

Reading Company,

Com

182

Batavia

Kowloon

Son

Boeing Airplane Co.

184

On Sterling Notes:-

Remington Arms Co., Inc.

***

Bombay

Kuala

Francisco

Calcutta

Bank Buying Rate Bar Silver per ok

Nom.

Borg-Warner

198

Republic Aviation Corp...

34

Lampur Shanghai

Canton

Briggs Mfg. Co.

194

23 7/16

Republic Steel

20

Chefoo

Lyons

Budd M'facturing Corp.

41%

Reynold Tobac

"B"

328

Colombo

Malacca Sungei

Canadian Pacifo

В

Schenley Distillers

14

Dairen

Manila

Celanese Corp.

287

Shell Unton Oil

15

Foochow

Muar

Chesapeake & Ohio Chrysler

38

Socony-Vacunum Of

01

Haiphong

-

562

Southern Pacific

144

Hankow

Harbin

3

Southern Rly $5 pła.

318

floilo

241

Spicer Manufacturing Co. 37%*

Priping

Ipob

7.16

Standard Branda

54

19

Standard Gas & Elec.

178*

Bà

Standard Ol of NJ.

16)

Studebaker Com,

91

Swift International

221

Distillers Corp. (Seagrams)

16

Technicolor

Douglas Aircraft

74

Texas Corpn.

Du Pont de Nemcurs

158)

Trans-America Co.

41

Eagle Picher Lead

94

20th Cent. Fox Film, Com.

73

various sizes to lat.

Elec. Autolite Co.

20

Unton Bag & Paper Corp.

11

Elec Bond, Share.........

24

Union Pacific

82

basiness undertaken.

Quiet.

Elec. Bond & Share $5 pt.

490*

United Aircraft

41

S'TERLING

Elec. Bond & Share 56 pr.

644*

United Airlines Trans

11

£76

£71

Eat

£234

Sellers at 1/3 up to October buyers at 1/3.1/32 for Cash.

V. S. DOLLARS

Elec. Power & Light #7 pf.

341*

United Corpn.

#

Mintkote

148

United Corpn. $3 cum pf.

237

Chen.. Electric

£11 876

17 et

Underwriters

$226 8460

75 ota

$180

$120

::

800 870

48/44

261

$90

....

Nominal. Authorised Banka will buy at 25.5/16 for Spot and sell to Merchants at 25.1/16 up to Sep- tember.

SHANGHAI DOLLARS Nominal at 470.

SHANGHAI-MARKET

Sterling opened with seller at 3.3/32 for Spot and last rate re- 88.40 Ceived reported sellers at 3.7/64

Dollars for Spot, US

opened with sellers at 5.3/18. The lasti rate received reported sellers at 5.7/32 for Spot.

Shanghai Exchange

Shanghai. Aug. 2 (Reuter).

Official T.T. Bates

Low Dow Jones Averages 133.60 115.30 30 Industrials

Rails 30.88 26.64 20

Utilities 20.66. 17.22 15

Bonds 92.1989.68 40 77.48 56.45 11

Den Motors.

Gen. Railway Signal

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

Goodyear Tire & Rubber...

Great Northern Iron Ore

Great Northern Rly, pfd.

Great Western Sugar ................

Inter. Nickel ........

Inter. Paper & Power

Int. Tel. & Tel (Fon Is.)

1841

High

I.B.

Business Done-860,000 shares

LONDON STOCK EXCHANGE

Continued from Page 9

BANK OF EAST ASIA, LIMITED

& SHANGHAI BANKING COR-Authorised Capital $10,000,000.00 PORATION. Rules may be ob: Paid-Up Capital 5,598,800.00 tained on application.

For the HONGKONG & SHANGHAI Profits

V. M. GRAYBURN,

Chief Manager.

Hong Kong, 28th Feb., 1839.

THE CHASE BANK,

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

Board of Directora :

HON. SIB SHOUSON CHow, Chairman Li Koon Olan Esq.

18, QUEEN'S ROAD. CENTRALK Kwok, Esq.

18, PINE STILEET,

Li Lan Bang. Fag

KAN TONG Po, Esq, Chief Fanager How. Mr. Li TSE FONO, Manager.

NEW YORK. Au American Bank offering com-

plete Foreign Banking Service amo in the principal Markets of the Bat world.

SAFE DEPOSIT SOXES

A

Branches and Agencies:

Kowloon Penanc Singapore London

Hangoon Honrabaya

Brutow Bulgon

Melbourus - Bari Bessi Bydney

Dombay

Manila

Calonlin

Haiphong

Nagasaka

tisen Lantin

Haykow

Na York

elle

Yoncoaret

Pariv

Hemaran

Kobe

Felping

Shangha

This Bank is a subsidiary of The Chase National Bank, New York, with Resources of over granted on approved securities

Every description of Banking azid Exchange business transacted. Loans

#5.70 $10

$204

13/8 @7.80

London

New York

Japan

Opening

0/3-1/10 6-1/8 unquoted

Inda

17

Paris

12.15

Hongkong

nominal 20-1/4

Tientain-Pukow Rly. 5%

$341

Sterling

8971

Bellers

$1.30

$0.80

Spot

Aug.

$38+ Spot

Opening Closing 0/3-7/64 0/3-3/32 9/3-3/32 0/3-7/64 0.8. Dollars

$5-3/16

(Ger. Stpd. Bupl. Loan) 12 Jep, 6% Ster. Loan, 1924 23-234 Ger. 7% Intl Loan, 1924

42

Union Insurance Gula Kalumpong Rubber 15 Lon., Mid, & Scot., Riy. 15 Great Western Rly.

22

38

Chartered Bank

87

National Bank of India. 314

$305 Aug.

6-3/16

$125

HK & 8ha! Banking

Corp. (Lan, Reg.) HK. & 8'hat Banking

Corp. (Col. Reg.)...... 75 Chinese Eng, & Mining

B.-A, Tob. (bearer)

85/-

72

Dunlop Rubber

35/71

12th June 1942.

Bristol Aeroplane

11/-

Imperial Chemical Ind: 31/10

United Btee]

23/8

The

$16.00

(bearer) Chosen Corporation...... 4/-. Mercantile Bank of In

die, 25, " Pekin Syndicate

13/0

Woolworths

55/6

Marsman Investments

5/7

Western Holdings

16/0

111

Sub-Nigel

1/-

Shell Trans.

*Trad.

B'hal Elec, Constr. Co,

Bhai Waterworks "A"

15/- 15

49/41

ex. dr.

85-7/32 5-7/32 Market:-Quiet but steady.

Silver Duty Rate

Central Bank of China's

rate on Lordon at 10 am, today was 1/2-1/2d.

The Equalisation rate was 24-1/4

$28.60 per cent.

⠀⠀⠀⠀ ⠀ ⠀ ⠀ ⠀⠀⠀

$5.85

$1.20

$11

39

India Rupee Paper

Bombay, Aug, 2 (Reuter).

Govt. 31% Rupee,, 96-0-0.

RESERVE BANK OF

INDIA STATEMENT

Calcutta, July 30 (Router).

In circulation

July 18 July 25

ing, Department)... 29,164 29,217

97,Rupee Cain Bullion

in India

3,701 3,764

Gold Coin and Bul-

ion in India...... 4,441 4,441

Securitics (Indian

Noteb

Canton IceS.

Ft ots

(including Notes

ements

$14,65

held in the Bank-

1.K. Ropes

88,20

H.K. Govt. Loans

45% Lond

101%

-

81%

***

(1940)..

Miscellaneous

Dairy Farms

Entertainmenta Naman

$1.80 Constructions (old)...

80 cla. Constructions (new).....

10.40 Lane Crawforda........

Nanyang Tobac

Sinceras

Ch. G., 19250 $10K.

21.K. Wing On comme

B'ha Wing On

#7,90 | Vibro Piling dung

Marytonas - Inv. ([son)}} Moratakus Inv. (11.)}

Wm. Powells....... N.A. Chemicala (EK) '48als to Shanghai |

(1994).

04

.Ī་

Mmm 21:0

$1.00

Government) Securities (British

$0.40

$2.05

$10.08

$104

PROJ

FEI

아

8,840 8,468

Government) 12,164 12,184

(Figures in Lakhs Rupees)

SILVER MARKET

BOMBAY SILVER

Bombay, Aug. 2 (Rputor).

Market-Qulet. Ontake Go barə Indian. Alint Blver

Ready! *. 02-14-0

Aug. 18 Bettlement.. 82-14-0 Bept. 17 Bettlement 02-15-0

(bearer)

bid.

141/3

1.8.8.3,800,000,000.

D. L. BALLANTYNE,

Current Accounts opened in Local Currency and Fixed Deposits re- Manager.ceived for one year or shorter periods in Local and Foreign Cur- rencies on terras which will be quoted on application.

WANT ADS are Seen!

INDO-CHINA

STEAM NAVIGATION COMPANY LTD

Operating Services for Gango and Passengers

TO

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

BINGAPORE, PENANG and CALCUTTA

SANDAKAN

HAIPHONG

All stesinors berth alongside the Roosevelt Terminal in the French Concession nt Shanghai, whore "passongere and cargo aro lauded.

For further particulars

plosse apply to

JARDINE MATHESON&Co.,Lt

SAFE DEPOSIT BOXES TO Luck.

KAN TONG/PO,

Chief Manager.

BANK OF CHINA

Specially Chartered by

THE NATIONAL GOVERNMENT OF CHINA AS AN

INTERNATIONAL EXCHANGE

BANK PAID-UP CAPITAL $40,000,000,00..

(BRANCHES ALL OVER CHINA) Owing to our numerous Branches in China and connections in the principal Commercial Contres of the World, we are able to extend to our Cliente special facilities for Domestic and Foreign Banking and Exchange,

Head Office-SHANGHAI Hong Kong Branch:

4, QUEEN'S ROAD. O, Long, South China Offices:

CANTON

SWATOW

SHIUCHOW

KONGMOON TOIBHAN KINGCHOW

We also handle the issue of Bonds nd other Publie Funds of the Chlatus Govoratuent both at Home Find" Abroad (

AHOU J. CHEN,

Manage

32

United Gas Improvement 79

Chairman

Chief Manager.

HEAD OFFICE: LONDON: 39, Rishopsgate E.C.2. Sub-Agencies In London: 117/122, Leadenhall Street, E.C.3. West End Branch: 14/16, Cockspur Street, S.W.1. Manchester Branch:

52, Mosley Street, Manchester, 2

ALOR STAR

AGENCIES AND BRANCHES:

PRNAND HONG KONG ILOILO

RANGOON

IPOH

SAIGON

KARAOUL

KLANG

AGENCIES: KUALA

_OLAYI STRIES LUMPUR

RARLI FADE

CANTON

London Singapore HANKOW

Sourabaya

Patani Swatow

(Johore) Tientsin Mukden

Tokyo

New York Tsingtao

Yokohams

Penang

year or

CURRENT ACCOUNTS opened in LOCAL CURIENDY and FIXED DE POSITS received for one shorter periods in Local and other Currencies on terms which will be

quoted on application.

MADRAS

MANILA

MEDAN NEW YORK PEIPING

(Paking)

SEREMBAN SHANGHAI SINGAPORE

SITIAWAN

BOURABAYA

FOREIGN EXCHANGE and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSIT received for Ona Year or shorter perioda in Local er Other Currencies at rates which will be quoted on application.

SAVINGS ACCOUNT also opened in Local Currency and Sterling with interest allowed at rates obtainable on application.

The Bank's Head Office in London

undertakes Executor and Trustee business, and claims recovery of British Income Tax overpaid, on

SAFE DEPOSIT BOXES of terms which may be ascertained at

any of the Agencies and Branches

W. H. EVANS THOMAS,

Manager.

TRUSTEE and · EXECUTOR

Hongkong, 28th July, 1941.

HONGKONG SAVINGS

BANK

AMRITSAR

BANGSOK

BATAVIA

BOMBAY

CALCUTTA

ROKE

KUCHING

CAWNPORK CKBU COLOMBO DELHI HAIPHONG

TAIPING!

TIENTSIN

TONGKAH

(Bhuket)

TSINGTAO

YOKOHAMA

381

243

U.S. Rubber .........

*141*

The Business of the above Bank

UA. Steel

687

is conducted by the HONGKONG

13

Vanadium

*26*

19

Vultee Atrerais

71

194*

Walworth Co.

55

17

Warner Bros. Pict.

5

......

Reservs and Undivided

2,983,261.50

272

Westinghouse Elec,

021*

BANKING CORPORATION.

274*

Woodward Iron Cor.

272

257

Chase National Bank

311

174

National City Bank

272

20

Libby, McNeil

DOW JONES AVERAGE

Aug. 1, High Low Close 128.92 30,28

Aug. 2, 1941.

Change

Wong Chu Son, Esq

Wongun Torg, Esq.

Fung Ping Wah Esq.

128.60 128.08 129.21

.01 of

..30.94 30.71 30.78

.12 of

HEAD OFFICE:

18.68 91.58

18,50 18.61

18.69 91.03

.05 up

,06 ap

Commodity Index 76.84