1941-08-09 — Page 10

OF ENGLAND

132.080

50,520

182.600

Government Securities

158,770

Other Securites:

Discounts and Advances

6.650

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

AUGUST 8, 1941

On London:--

Telegraphic Transfer. 17/4 Bank Bills, on demand 1/2 7/M Credits 4 month☛” sight

Ou Shanghai:

BANK

Reuter)

London

Auk 7

Public Deposits Other Deposita“

Bankers

Other Ace001145 Total

NEW YORK STOCK EXCHANGE

QUOTATION

(REUTER'S SERVICE)

AUGUST 8, 1941.

STOCKS

Johnsmanville

Kennecout Copper Libbey-Owens-Ford

BANKING CORPORATION

July 31

+000'8 Ommitted) 11,290

Aug 7

Authorised Capital.

$50,000,000

17.910

Issued & Fully Paid-Up $20,000,000

SATURDAY, AUGUST 9, 1941.

BANKS

HONGKONG & SHANGHAI

THE CHARTEGEÐ BANK OF

INDIA, AUSTRALIA AND CHINA

neororated by Royal Charter, 1855

Reserve Kunda:

108.850

491 0

STOCKS

Last Sair

Last Sale

Sterling

158,250

Aug. 7

Aug. 7

156.120

Adams Express

71

656

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

6,500,000 Paid Up Capital

£3,000,000

£3,000,000

Alleghany Steel Co.

24*

382

Proprietors

$20,000,000

Reserve Liability of Pro-

prietors

£3,000,000

3,610

Allis Chalmers

291

Glass

28

Head Office:--HONG KONG

Securities

22.970

19,420

Amer. Cun

881

Lockheed Aircraft

282

On demand

470

Tutal

29,520

23.030

American Cyanamid B....

401

On Singapore:—

Notes and Coins

23.520

14,850

Amer. & Foreign Power

On demand

52 8/4

Total Bullion

1,950

1,970

On Japan

On demand

10% 1/4

Notes in circulation

657.430

On India:-

Telegraphic

Transter

My

Hail of Reserve to Liabilities Pries of Gold at which holdings

are valued

21.30%

667/20 18.487

Ainer & Foreign $7 pf. Amer, Locomotive (b.

234

Loew's Inc Martin, Glen L Co. Montgomery Ward

34

Board of Directors :

29

Hon. Mr. J

J. Paterson.

34

14

National Aviation

9.

W H Lock, Esq.

Amer, Metale

19

Nat, Dairy Products

14

Deputy Chairman

Amer. Radiator

BA

National Distillers

214

JK. Rusfeld. For...

168-

Amer. Rolling Min

15

Nat Power & Light

54

and demand

Amer. 8ting and Ring Co.

42*

National Supply Corp.

A. H. Compton, busq.

71

Op New York:-

Amer, Sugar Refining

201

. J. Davies, Esq.,

New York Central ...

135

Hon Mr. S II "Dodwell,

Bank Bills, on demand 24 116 Credlis, 00 days sight 25

FEDERAL

On Balavja

On demand

Ob Parts:

RESERVE SYSTEM RETURNS

Amer. Tel

Tel.

154

Niagara Hudson Power

24

mer. Tobacco “B”

71

N American Aviation

154

Auer. Waterworks

42

North American Co. New

13

G Maskin, Esq..

K. S Morrison. Esg....

41 3/4

New York AUK

7. Rester?

1940

Bank Bills, on demand No

Credits 4 months' sight Nom.

On Balgon-

On demand

Bls Bought

Aug. 1

: 100's

1941 July 31

Omitted)

1941 Aug 7

Anaconda Copper

29

Northern Pactic

71

Hon Mr T E. Pesre 31. Mr. AI

Archison, T. & S. Fe.

20

Packard Motors

31

Aviation Corp.

31

Paramount Pictures

144

Baldwin Locomotive Co.

158

Pennsylvania H.R

241

Shields.

Hou. So Vandeleur M. Grayburu,

Chief Manager

$

Baltimore & Ohio

Phillips Petroleum

Branches:

On Manila :--

US Securities held

On demand

491 7/8

Federal Reserve Ratio

2,448,000 2,184,000

89.23%

91.22%

2,184.000

Barnsdal) Qu

02

Pullman Inc.....

01.227

Bendix Aviation

372

Pure Ou

SA

Asung

Bethlehem Steel

742

Radio Corpn. of Am

11

Bangkok

Johore Kabe

........

On Bangkok :--

On demand

146 1/2

Federal Reserve Credit Outstand-

ing

2,484,000

On Bterling Notes

Metary Oold Stocky

Bank Buying Rate

Noro

dustrial Advances

2,245.000 20.462,060 22,673 000 9,930.000 8.884.000

2,231,000

Bllas & Co., EW. (com.)

Hatavia

Kowloon

Rangoon Saigon Han

162

Reading Company,

Com

171

22,882,000

Boeing Airplane Co

TRA

Remington Arma Co., Inc.

4*

Borabay

Kuala

iCalcutta

Lumpur Shanghai

9,448,000

Borg-Warner

191

Republic Aviation Corp.

32

Canton

London

Briggs Mfg. Co.

101

Republic Steel

192

Chefoo Lyons

Bar Silver per os

23 7:

Budd M'facturing Corp

42

Reynold Tobac

"'B'

328

Colombo

Malacca

yw York Cotton, Oct

Silver

Was

New York Rubber, Bept Theaga Wheat, Sept.

Cross

New

Chorage Corn, Sept

quoted

al

N.Y. COTTON

Market Report

FROM ROZA BROS

Friday. Aug 8

unchanged

Silver prices WS'TH'

yesterday, the quotatlig remal

ing at 237/18 for both Ready and

American

Ferward. quoked at 34,3/4 for Spol.

York The Lorton - New

rate with quoted at 402 1/2

WH Vork London

N.Y. Commodity Market

(REUTER'S SERVICE)

Canadian Pacific

47

Schenley Distillers

15

Daire!

Manila

Celanese Corp.

28

Shell Union Onl

154

Foochow

Chesapeake & Ohio

37

Socony-Vacunum Of

DI

Hankow

Chrysler

582

Southern Pacife

137

Harbin

New York

Columbia Gas & Elec.

21

Southern Rly $5 pid

Hailo

Priping

Yokobarua

Commercial Credit Co.

242

Prev High

New York, Aug. 7 Low Close Change

Spicer Manufacturing Ce

37*

Ipoh

Penang

Com, & Southern (Ord.)

standard Brands

Consolidated Edison Co

181

16 68

16 75

16 52

22.356 22 55

22 32

03 of 16 65 22.50b 15 up

Standard Gas & Mec.

18

Insoldated Ol

61

Standard Oil of NJ.

434

Copperweld Steel

167

1121

1132

112

771

791

77A

112

781

Studebaker Com

6k

Cartiss Wright (C)

9

* up

Swift International

Distillers Corp. (Seagrams)

161

Technicolor

DA

Douglas Aircraft

721

quoted on application.

Texas Corpn

431

Du Pont de Nemours

1592

Frans-America Co

403 1/2

42012

Closing Ranges Changes

MARKET

STERLING

Urt

16.85/05

03 of

TH

1881/82

.04 of

Jati

16 82 N

04 of

There were sellers at 1,3 up to Mar

16 94/94

04

October

Cash

Sebing

25 1/18

buyers

at

1/3 1/32

rate

U S. DOLLARS

SHANGHAI DOLLARS

Nominal. Merchants were quoted early in the morning al 487

wards lunch time 403 could have Total sales: -200 tons bren obtained

SHANGHAI MAKKET Sterling opened with sellers at Dec 3164 for Spal and closed weak at 2.15/16 for Spot.

US Dollars opened with sellers at 5.1/32 and closed weak at 47:8 for Spot.

AFTERNOON MARKET

for May July

Merchants

ht

N.Y. RUBBER.

Sept

22 50b/8ha

Tu

DH' Mar

22,506 560 20.30h

15 up 15 up unch

18.05/95

03 off

02 of

10.90 '00

Wednesday's sales

125,300 bales

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

London, Ang. 7. The following quotations are the nildile 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. Electric

SAFE DEPOSIT varius sizes to t

Eagle Picher Lead

91

20th Cent Fox Film, Com.

Elec. Autolite Co

29

TRUSTEE

1+

Union Bag & Paper Corp

Elec Hond & Share

21

Union Pacine

814

Elec. Bend & Share $5 of

S14

United Aircraft

307

Elec Pond & Share $6 pf.

57

Pantepec Oll Von.

41

Elec. Power & Light #7 pi

349

United Airlines Trans

Funtk cte

15

Baiphong

MAT

Chairman

į

HEAD OFFICE: LONDON:

38, Bishopsgate E.C.2

Sub-Agencies In London:

17/122. Leadenhall Street, E.0.3.

West End Branch:

1418, Cockapur Street, 8.W.1. Manchester Branch:

52. Miey Street, Manchester, 2

AGENCIES AND BRANCHES:

ALOR STAR HONG KONG PINANG ILOILO IPUI

BATAVIA

Francisco DELHI

Singapore Sourabaya

Sungei

Patani Swatow (Jotore) Tientsin Mukden Tokyo

CYRKENT ACOUNTS

Tsingtao

KARACHI

KLANG

KOBN KUALA

LUMPUR

KUCHING MADRAS

MANSA MEDAN

NEW YORK

KIPINO

(Peking)

RANDOON BATOON

SHANGHAI

KINGAPORE

SITIAWAN

BOURABAYA

TAIPING

TIENTS IN TONGKAR

(Bhuket)

TSINGTAS YOKOHAMA

FORBIN EXCHANGE and General Banking Bustoss transacted.

CURRENT AUNTS opened and Fran DawgIts received for Qua Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.

Sayonda Accounts als opened in Local Currency and Sterling with opened in interest allowed at rates obtainable LOYAL 'ERRENITY and Fixeo Da-on application. estrs receive for oue shorter periods in Local and ether underinkes Executor and Trustee Carneles on terme which will be business, and claims recovery of

year or!

BOXES

The Bank's Head Office in London

British Income Tax overpaid, on of Lerma which may be ascertained at

any of the Agencira and Branches

W. H. EVANS THOMAS.

Manager.

EXECUTOR;

business undertaken. Hongkong 8th July, 1941

HONGKONG SAVINGS

AMRITSAR BANGKOK

HK JEMBAN

BOMBAY

CALCUTTA

AGENCIES

Сенек чулкк Faru PLASUK

CANTON

CAWNHOME CRBI COIMHO

HAIPHONG

HANIOW

United Corpn

Gen. Motors

Gen. Hallway Signal

Gen. Tire & Rubber

Goodrich (B.F)

NEW YORK HIDES.

Sept

'Dec.

May

14.52b/he

4 los Total sales

CHICAGO WHEAT·

112/1122 1158/115) 11811182

03 off

War Loan, 5% (Red

after 1952) Defence Loan, 3% Cantor Kloon Rly. Chinese 44 Gold Loan

Goodyear Tire & Rubber. Great Northern Iron Ore Orea Northern Rly, pid

1051

101

Great Western Sugar Inter. Nickel

5

11

Inter. Paper & Puwer

Int. Tel & Tel. (Fom 19.1

1898 Bril Issue

47

1 up

unch.

Chinese 5% Gold Bonds

1925/47

45

Quier

! up Wednesday's sales - 26.029.000

Chin. 44% Anglo French

1941

Lean. 1908

45

High

STERLING

Chinese 5% Crisp Loan

1/3.1/32

Cash.

Selling

bo

Merchants

There were sellers at 1/3 up toj

October, buyers at

25.1/10

D. B. DOLLARS

rate

SHANGHAI DOLLARS

Nominal at 495

SHANGHAI MARKET

for CHICAGO CORN:

Sterling opened in the afternoon

at 2.15/16 and closed weak at 27/8

U. & Dollars opened Sept. for Spot.

closed Dec.

with sellers at 4.7/8 and with sellers at 113/16 for Spot.

Shanghai Exchange

Shanghai, Aug. 8 (Reuter

Mcial T.T. Rates

bushels.

Sept.

Dec

at May

789/78) 811b 85A/851

up

NEW YORK LARD:

Sept.

Dec.

10:20a 10.50a

.05 up 03 up

1912. (Chinese 5% Reorg. Loan

1913 (14. 19.) up Chinese 8% 8ter. Notes

1825 (Vickers) 13 up

Chin. Imperial Rly. 5%

Loan Honan Rly, 6% 1905

30

20.65

Low Dow Jones Averages 133.60 115.30 30 Industriala

30.8- 26.54 20 17.82 15

38

92.19 79.03

89.58 40 55.4 11

A

55

13

23

H.K. & S'hal Banking

Corp. (Lan, Reg.)

Hukuang Rly 5%,

1911

N.Y. BLACK PEPPER:

6.15b/18a 0.27b/31a

09 off

(LP. N/T 389ue) Hukuang RIF. 5%. 3911

(German Issue)

15

H.K. S'hal Banking

Corp. (Col. Reg.).... 76 Chinese Eng. & Mining

13

(bearer)

N.Y. COTTONSEED OIL:

Sept. Dec.

11 97b/12,02a 04 up 11,70b/72a 03 up

London

New York

Japan

India

Parle

Opening

0/3

5

Hongkong

bon pal 19-7/8

'Sept. Dec. May

Bellora

Opening Closing 0/3-1/84 0/3-1/04

1.781b/778 1.8.b,828 1.8b/a Business done:-1,007 lots.

NEW YORK COCOA

2,79b/80a Business done: -602 lots.

unquoted N.Y. SUGAR No. 4: 26-5/8

N.Y. SUGAR No. 8:

Bept, Jan.

2.73b/158

unch

01 up

09 offLung Tsing & U Ha! Rly. 5%, 1913

S'hai-N'king Rly. 5%..... Tientsin-Pukow Rly, 5%

(Brit. Stpd) Tientsin Pukow Rly. 6%

(German Stpd.) Tientsin-Pukow Rly 5%

(Brit. Stpd. Supi, Loan) Tientsin-Pukow Rly 5%

(Ger. Stpd. Subl, Loan)

Jap, 8, 8ter. Loan, 1924 281-211

904 up Ger. 7% Intl, Loan, 1924

Chosen Corporation

12

12

12

.05 up Chartered Bank ᏓᏎᏘ up

87

142 2 2 2 2.7

Mercantile Bank of In-

dia, £5. "C" Pekin Syndicate

S'ha Elec, Constr. Co.

S'hai Waterworks "A"

Union Insurance...........

Gula Kalumpong Rubber

Lon.. Mid & Scot., Rly.

Great Western Rly.

National Bank of India

B.-A. Tob. (bearer)

Dunlop Rubber

Bristol Aeroplane

Sterling

Business Dono:-600,000 shares

BROKERS

LOANS

New York, Aug. 7 (Reuter). Loans on securities to brokers in New York:-

WK.-ended

Wk-ended 1/8/40 31/7/41

INDO-CHINA

STEAM NAVIGATION COMPANY LTD.

Spot

Aug0/3-1/04

Sept.

..... 0/3-1/64

0/3-1/84 0/3-1/64

Q.8. Dollars

Spot

$6-1/32 $5-1/32

Aag.

6-1/32

Sept. ......

5-1/32

5-1/92 -1/32

Sept Dec,

N.Y. WOOL GREASE

Dec

.1 off ............ 83.1 (N.Y. Official Silver

34-3/4 NY/London Cross Rate 4.03-1/2

7.65 N 7.75 N

04 off .04 off

N

TO-

Market-Quiet.

The

Silver Duty Rate Central Bank of Ch'na's

rate on Lordon at 10 am

wus 1/2-1/2d.

today

The Equalisation rate was 24-1/4 per cont

India Rupee Papor

Bombay, Aug. 7 (Reuter). Gon, 31% Rupeo. 96-0-0.

SILVER MARKET

LONDON SILVER London, Aug. 7 (Router), Silver Market idle

business.

Spot, 23-7/100, Forward, 23-7/100.

with

no

LONDON METALS

EXCHANGE

London, Aug. 7 (Reuter). Tin, Standard, Cash, Middle Price, £250-5/8.

Tin, Standard, 3 Months, Middle Price, £200.

Markot gulet. "More interest In Carth with bigger business possible but se lors not cancela oning. Mar- |ket looks stabilised. After hours-- prleen unchanged with no bus-

NES.

LONDON GOLD

Lond, Aug. (Router). Bar Gold, Fine per uz, 160/-

Operating Services for Cargo and Passengers

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

SINGAPORE, PENANG and CALCUTTA

SANDAKAN

HA THONG

All atosmora borth alongsido the Roosevelt Terminal in tho French Concession THE Shanghai, whoro „passengura and cargo are landod.

For further particulare

ploaso apply tom

JARDINE MATHESON&Co.,LTD. TELEPHONE KOJILIGENERAL MANAGERS *

BANK OF EAST ASIA, LIMITED

A SHANGHAI BANKING COR Adorsed Capital...$10,000,000.00

Farned on application.

be ab- Pand Up Capital

For the HENDRONG & SHANGHAI BANKING CORPORATION.

V M. GRAYBURN.

Chief Manager. Hong Kong, 25th Feb., 19:09

THE CHASE RANK

Reserve and Undivided

Profits

2,983,261.80

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

Board of Directors:

Hox Sra Souson Chow, Chairman

Li Xeon Chun Ex

Kwok, Erg

15, QUEEN'S ROAD, CENTRAL P.

HEAD OFFICE:

18, PINE STREET,

NEW YORK An American Bank offering con plete Furriga Banking Bervice in the principal Markets of the world,

SAFE DEPOSIT BOXES

This Bank is a subsidiary of The Chase National Bank, New York, with Resources of over U.S.8.3,800,000,000.

D. L. BALLANTYNE.

Worg Yan Tong, Baq

Jan Sang Wong Chu Son, aq Feng Ping Fab Esq.

KAN TONG Po, Esq, Chief Manager Hos. Ma. L THE PONG, Manager

Batavia

Branches and Agencies:

Неовла Howhow Loudou

Babay Manila

Quteutta

Halylong

donolalu

Kobe

Melbourne

Nagunka

Hang on

Hingapore Subaya

Balgon Bwntow

Basi Fran- Sydney Bingo Trentai

Tanostrar

Now York Bestils

Bewu Shanghel

Party

Pelping

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

Current Accounts opened in Local Currency and Fixed Deposits re- Hunagerived for one year or shorter

periods in Local and Foreign Cur rencies on terms which will be quoted on application.

SAFE DEPOSIT BOXES To LES.

KAN TONG PO,

THE MERCANTILE BANK OF INDIA, LIMITED

Head Office:-5, Gracechurch Strast. London, EC.3

Authorised Capital

Paid-up Ospital

Reserve Fund and Host

BANKERS:

The Bank of England and Midiand

Bank, Ltd.

Cangkok

BRANCHF9;

Ipoh Info Bombay

Oaloutta

Colombo

Delbi

Galic

Hongkong

Bowych

Hauntan

Kandy

Karahi

Kuala Trengg Hadre

Kew York

Penang

Kangoon

Yota Dharu

Shepptus:

Skle

Kaala Lumpar

diagapore

Kuala Lipis

BONG KONG BRANCH:

Every detoription of Banking and charge huelness tranikolai,

BANK OF CHINA

1...

Specinily Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN

INTERNATIONAL EXCHANGE

TRUSTEE AND EXECUTORSHIP | in

BANK

PAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerous Branches line and connections in the principal Commercial Contres, 'of CURRENT ACCOUNTS opened in Lost Our the World, we are able to extend TOBOS and FIXED DEPOSITS recalvert le Toral to our Clients special facilities for Currey & STERLING od terate that may be Domestic and Foreign Banking and

Exchange.

UNDERTAKEN

ascertained on apa Ilentlog,

D. BENSON,

Naslager

WANT ADS

Trusted

Hoad OMee:-SHANGHAI Hong Kong Branch:

4, QUEEN'S ROAD, C. South China Offices: CANTON KONGMOON

TOISHAN

SWATOW

| SHIUCHOW KINGCHOW

We also handle the isen; of Bondr and other Public Funcle of the Chinus Government both nt Home and Abroad

Abroad

/ SHOU J. CHEN,

Hanager.

316

BANK

United Corpn. $3 cum pl

397

United

Gas Improvemerit

14

The Business of the above Bank

UB. Rubber

241

131

is conducted by the HONGKONG

U.S. Steel

581

19

Vanadium

257

PORATION Kuls may

5,598,600.00)

20

Vultee Aircraft

78

179

Walworth Co

5

27

Warner Bros Pict

278

Westinghouse Elec.

944

27

177

2

Woodward Iron Cor. Chase National Bank National City Bank

271

31

271

DOW JONES AVERAGE

Aug. 6,

128.14

Haile Utilities

30,18

Aug. 8, 1941 High Low Cluse 128.67 127.8 129.09 30.83 30.06 30.18

Change .01 off

,24 off

18.74

18.86 18.83 16.72

પત્ર વર્ષ

Bonda Commodity Index

91,32 79.03

91.23

78,33

.00 off .25 up

Amoy

Hackus

724

13/8

4/-

Wk -ended

7/8/41 $302,000,000 $339,000,000 $332,000,000

114 }/-

12th June 1941.

15'-

15

Imperial Chemical Ind

32/4+

2/2

United Steel

23/10

15

Woolworths

56/3

15

Marsman Investments...

5/72

374

Western Holdings

312

Sub-Nigel

17/- 141/10)

Chief Manager.

86/3

Shell Trans.

& Trad.

35/9

(bearer ›

40/4)

Subero Capital

11/3

* bid

i ex. div.

£3,000,00

21,800

1,000,00

21,201,639