1941-08-27 — Page 8

PAGE 8-HONGKONG DAILY PRESS

NEW YORK STOCK EXCHANGE

QUOTATION

(REUTER'S SERVICE)

AUGUST 26, 1941,

ཨྰཿཀྰ ཿཀྰæཙསྒྱུ ཙྩཨྰཿཏྲྰཾ ཟླ

Finance and

and Commerce

MONEY AND

EXCHANGE

CLOSING QUOTATIONS

AUGUST 26, 1941.

In London:

Telegraphic

Transfer. 1/2 7/5 Bank Bills, on demand 1/2 7/8 Credits 4 months' sight

Bank Bills, on demand 24 15/16 Credits, 80 days' sight 25 5/8

Facilities For Exchange

....

Facilities for exchange by both Chinese and foreigners in China and provision of foreign exchangefor legitimate trade following the | American and British orters for the freezing of Chinese assets were explained by a spokesman of the Ministry of Finance recently,

The spokesman said that money orders and deposit receipts In foreign currency may be solo the Central Bank of China at the O.N. market rates of US. $1 for $18.82; £1 for $78.04; one rupee

STOCKS

Last Sale

STOCKS

Aug. 25.

Last Sule Aug. 25.

Adams Express

B2

Alleghany Steel Co

235

Allis Chalmers

201

Johnsmanville

Kenncenti Copper Libbey-Owena-Ford

661

3BA

Gla

271

Amer. Can

804

bekleed Aircraft

271

American Cyanamid B

392

Loew's Inc.

368

Amer. & Foreign Power

}

Martin, Glen L, Co.

271

Amer Amer, Locomotive Co

A Foreign $7 pt.

217

Montgomery Ward

34

131

National Aviation

32

Amer, Metala

19

Nat Dairy Products

142

Amer Radiator

**

National Distillers

224

Shanghai

Amer. Rolling Mill

14

Nat. Power & Light

5

On demand

480

Amer, Sling and Ring Co.

411

National Supply Corp

71

* Singapore:—

Amer Sugar Refining

10

New York Central

121

On demand

.... 62 3/4

Amer. Tei & Tel.

154)

Niagara Hudson Power

24

In Japan:-

Amer. Tobacco "B"

891

N. American Aviation

144

On demand

192 1/4

Amer. Waterworks

11

North American Co. (New)

13

In India:-

Anaconda Сопре:

28

Northern Pacific

78

Telegraphic

'Transfer.

Atchison, T. & S Fe

281

Packard Motors

3

82% 0/8

and demand

Aviation Corp.

32

Pantepec Oll Ven.

41

In New York:-

Baldwin Locomotive Co.

147

Paramount Pictures

142

Baltimore & Ohlu

47)

Pennsylvania R.R.

231

Barnsdall Of

10

Philips Petroleum

448

Bendix Aviation

371

Pullman Inc

On Batavia:--

On demand

46 3/4

Bethlehem Steel

681

Pure 011

Ja Paris:-

Bilas & Co., EW. (com.)

16:

Radio Corpn. of Am.

4

Boelog Airplane Co

187

Reading Company,

Com

Bank Bills, on demand Nom. Credits 4 months' dight Now.

Borg-Warner

191

Remington Arms Co., Inc.

n Balgon:-

Briggs Mfg. Co.

181*

Republic Aviation Corp.

3

On demand .................................. 100

Budd M'acturing CoIP

41

Republic Steel

199

. Manila:--

Canadian Pacific

+4

Reynold Tobac

"a"

314

On demand

49 7/8

Celanese Corp.

251

Schenley Distillers

16

On Bangkok:-

Chesapeake & Ohio

372

Shell Valon oll

133*

On demana

148

Chrysler

564

Socony-Vacunum Ou

In Sterling Notes:-

Columbia Gas & Elec

23

Southern Pacific

14

Bank Buying Rate

Commercial Credit Co

23

Bouthern Rly $5 pfd......

30;

Bar Sliver par of .................

Now 23 1/2

Com & Southern Ord,

A

Spicer Manufacturing Co

37

Consolidated Edison Co.

17

Standard Brande

5/

Consolidated Oil

51

Standard Gas & Bec.

17!

Copperweid Steel

151*

Standard Oll of NJ

422

Curtis Wright (C)

y

Studebaker Com

56

Distillers Corp. (Seagrama)

161

Swift International

224

Douglas Aircraft

701

Jechnicolor

9

Du Pont de Nemcury

158

Texas Corpn.

42

Eagle Picher Lead

91

Trans-America Co.

44

Elec. Autolite Co

281

20th Cent Fox Film, Como.

71

Elec Bond & Share

2

Union Bag & Paper Corp.

11

quoted at 34.3/4 tor Spot.

Elec. Bond & Share $5 pf

540

Union Pacifie

81

Elec Bond & Share $0 pt.

592

United Aircraft

40,

rate

Elec. Power & Light $7 pi

35

United Airlines Trans

13

CROSS- The London-New York

New was quoted at 402,1/2. York-London was quoted at 403 -

Hirt ove

1/4

144

United Corpn.

+

MARKET

Gen. Electric

32L

United Corpn. $3 cum pí.

231

Oen Motors

Quiet

United Gas Improvement

T

Gen. Railway Signal

14*

UB. Rubber

231

Oen. Tire & Rubber

120

U.S. Steel

678

Goodrich (BF)

181

Vanadium

25

Goodyear Tire & Rubber

Cash

181

Vultee Aircraft

7

Great Northern Iron Ore

17

Walworth Co.

5

Great Northern Rly, pid

28

Warner Bros. Pict

51

Great Western Sugar

20

Westinghouse Elec,

91

Inter. Nickel

27

Woodward Iron Cor.

254*

1941

Bonds

Inter. Paper & Power

Int. Tel. & Tel (Fon te.)

DOW JONES AVERAGE

High Low Dow Jones Averages

Industriala 138.50 115.30 30

30.88

Rails 28.04 90

Utilities 20.66 17.22 10 92.19 89.56 40 79.48 65.40 11

193

Chase National Bank

301

21*

National City Bank

27*

Aug. 20, 1941, Aug. 23, High Low Close

Change

123.01

128.26 125.00 126,86

05 of

Quiet

30.28

30.34 30,91 30.28

.13 up

18.40

18.58 18.39 18,50

.10 up

90,61

90.50

Commodity Index

79.04

78.69

Business Done:-330,000 shares

Market Report

FROM ROZA BROS.

Tuesday, Aug. 26. siiver prices were unchanged yesterday, the quotations remal ing at 23.7/16 for both Ready and

was Forward. American Silver

STERLING

There were sellers at 1/3 up to October. buyers at 1/8.1/32 for

U. S. DOLLARS Selling rate to Merchants at 25.1/18

SHANGHAI DOLLARS Sellers at 517, buyers at 529.

SHANGHAI MARKET Unofficial rate sellers of Ster- ling at 2.7/8 and U. B. Dollars at 4.27/32.

AFTERNOON MARKET

STERLING

There were sellers at 1/3 up to ,0% off 46 off October, buyers at 1/31/32 for

Cash,

U. S. DOLLARS

STOCK EXCHANGE,

Dayer. Ballora

8lee [Mamant

TUESDAY

WEDNESDAY, AUGUST 27, 1941.

HONGKONG SHARE

QUOTATIONS

SHAREBROKERS- ASSOCIATION

Bother Euyer

Ban Brains

26 AUGUST.

Banks

#14101

H.K. Banks gues

ERL

Do. (Col. Reg.)..

£77

£9

£93

£11

876

Do. Lon. Reg.) Charte od Banks ....... Mercantile Bâs. “A”. Mercantile Bk. "0". Bauk of East Asia..... N. O. & 8. Bazka..... Insurances

8742

Do

CHINESE MISSION

$220 $490

$168

#B!

TO BURMA

CHUNGKING, Aug. 26 (Centras, for CN $5.71 and H.K. $1 for Over thirty organisations in C.N. $4.76. Cheques of individuals Burma, including the Burmese- Chinese Cultural Association in must have bank guarantec.

Foreign exchange may be de. Rangoon, the former Burmese

Bank

Goodwill Mission posited in the Central

to China, the currencies. Rangoon University, the Burmese China in the original Withdrawals must be applied for Journalists' Institute, the Burmese in accordance with the procedure General Chamber of Commerce, promulgated by the Ministry of the Burmese Women Federation,

will Finance and payment

hand the Rangoon Trade Associa- made in the original currencies.

Foreign exchange. the spokes

to man added, will be provided merchants for legitimate trade at the above-mentioned rates, Ap- plications must be accompanied by invoices, Customs Unport cer- other tificates, duty receipts and necessary documents Buch -

tion have jointly sent a telegram to Chungking welcoming the Chi- nese Goodwill Mission to Burma which will set out at the begin- ning of next month

The Burmese Government bas also unoшflelully expressed is wel- come to the Chinese mission

::

$1410

£89

977

Est

£233

£11

17 ct

Canton Farances. Union Jasarkarea.

$230

8413

$1

Underwriter

175 cta

H.K. Fires

$185

Shipping

$120 DouglasoB

$120

Steamboats

$00

Indo-Chinas (Prel)...)

900

170

49/4

Indo-Chinas (Det.>

Shells...

$3.65 Waterboata .....

Docks, Wharves.

Godowns, etc.

870

49/44

#01

H.K. & K. Wharves..

$o

$6.10

Providents

26.10

$16

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

$16

H.K. Docks (New).

$201

+Shanghai Docks........

3201

Mining

13/6

Kailan

:

$72 Raube

ta/6 $7.80

83.45 $3.80

$35

com-

It is learned that the Burmese have formed & reception ports must not be included in mittes. the list of goods whose imports Is banned by order of the Ministry of Finance.

The spokesman further stated that In view of the need of Chl- nese currency by American tourists and cultural, benevolent and religious organisations in China the Central Bank of China has been instructed by the Minis- accept American dollar try to notes, cheques and money orders from

Americans, exchanging at the market rates. (Central).

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

London, Aug. 25. 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.

H.K. Stock Exchange

Tuesday, Aug. 26.

BUYERS

R.K. Govt. 4% Loan, 100. H.K. Govt. 31% Loan (1934),

96.50.

H.K. Banks, $1420. Canton Ins., $225. Union Ins.. $420,

ל

2 cle., Hong Kong Mines..........

Lands, Hotels and Balldings

H.R. & 8. Holsin........ H.K. Lands...

3974 | Do. 4% Dobenturns $20

Shanghai Lands

$3.20 H.K. Realtien..

87

Humphreys ......

Chinese Estates...............

Cotton Mills

:

$101

899) 8305

Co (5.)

S'hai Cottons (8.)..

Zoong Sings (6.).....

Wing On Textiles (8.

Public Utilities

#17 15

97

H.K. Tramways........ Peak Trams fold)....

Peak Trame (new).....

851

F'mati

$234 36

$3.65

886

$974

$3.30

$6.80

#39

$305

196

H.K. Govt. 34% Loan (1940),

98.50.

$231

#696

$1.30

821.80 X.Kta.

Chine Lighte (O..

10

Chlen Lights (New)..... $1,35

H. K. Electrics (Old)... $81.50, X.R.

#21

H. K. Electrica(New)...

011.35

H.K. Electric (Rts.){

$18

Mano Electrios

Macad Electrics

| 812

$23 #23

$8,

Sandakan Light..........

Telephones (old).................... #E3]

Talephones (new)....... 18

Industrials

Providents, $6.10, Lights (N), $1.30. Electrics (0) X. Rus.. $21.80. Electrics Rts., $10.00. Telephones (0), $23.

SELLERS

Hotels, $3.50,

SALES

H.K. Govt. 4% Loan, 101. Lights (0), $8.05.

SHAREBROKERS

ASSOCIATION

821

812

830

Cald., Macg. (Ord.) 8.

626

Cald., Maog. (Prof.)@

81

Canton Ice...

Cementa

$9

H.K. Ropes...

..::

#

י

HIK, Gort. Loamr

3971

14% Loan

£

Electrics Rta.. $11.

$98

191%

(1084)

75 ota

$8.95

96".

94

War Loan, 34% (Red

after 1952)

105-1/16 Defence Loan, 3%

101 Canton-Kloon Rly, 5% 13 Chinese 41% Gold Loan

1898 (Brit. Issue) Chinese 5 Gold Bonds.

1925/47

Ropes, $9.

890

B4%

(1940)

Dairy Farms, $18.80.

Miscellaneous

Trams. $17.05/.10.

B18

Dairy Farm...........

$19

$0

Entertainmente

$1.60 Constructions (old)...

$1.85

80 cts. Constructions (now)..

47

HONGKONG

36 4B Lane. C

$6.46

Nanyang

45

#17

Sinceres

Watsons

Chin. 44% Anglo-French

$42

Ch. G.5% 1925G$Bdə

Loan. 1908

45

$39

1.K, Wing On

Chinese 5% Crisp Loan

N.Y. Commodity Market

(REUTER'S SERVICE)

Close High LOW Close Change

Selling rate to Merchants at 25. 1/10.

1912

301

Chinese 5% Reorg Loan

Volume of Business Transacted on Tuesday, Aug. 26, 1941. SALES

S'hai Wing Op

28%

$42

$14

$7.20

Vibro

Pilleg

6/3

Marsmans. Inv. (Lov.

1/8

Marsmans. Inv. (H.K.)

SHANGHAI DOLLARS Sellers at 517, buyers at 519.

SHANGHAI MARKET Unofficial market,

1913 (Ldn. Is.)

38

China Lights (0)

Chinese 8% Ster. Notes

1825 (Vickers).

10

New York, Aug. 25.

Previous

Sterling 2.15/16 sellers and U. S. Dollars at 4.7/8.

Chin. Imperial Rly. $%

BL

China Lights (N) Cements

67 $8.00 637 6.05 200 1.374

#14

An, Powells..

*

S.A.. Chemicals (HK)}; $5! |

200 14,90

Loan ******

67

Dairy Farms

100 -18,80

Ronan Rly. 6% 1905

14

H.K. Electric Rts.

Hukuang Rly, 5%, 1911

N.Y. Cotton, Oct.

16.36 16,42

16.25 16.36 unch.

Chicago Wheat, Sept

Chicago Corn, Sept.

1114 77

113

111 112

1- up

Shanghai Exchange Aukung Rly 5%, 1911

(LP. N/Y Issue)

15

*

150 11.00 300 11,00 300 11,09

_(German” Issue)

13

**1,854

77 781 76 a

à off

NEW YORK COTTON

NEW YORK SUGAR NO. 4

Shanghai, Aug. 20 (Reuter)

cmcial T.T. Batea

Lung Tsing & Hai

Rly. 5%. 1913.

13

Oct.

18.36/36

Closing Ranges Changes 8ept.

unch

1.880

Opening

S'hai-N'king Rly, 5%

17

Dec.

10.52/58

.03 off

Dec: May

03 off 1.89b/908 .04 off 1.914b/92 .034 off

London

Jan.

16.62 N

93.off

Last notice day:--2/9.

New York Japan India

0/3-5/32 5-5716

Tientsin-Pukow Rly, 5%

(Brit. Btpd.)

131

Mar.

16.89/69

.03 off

Business done:-269 lots,

May

16.72,72

02 off

NEW YORK COCOA

July

16.65 N

unch

| Supt.

Baturday's sales:-45,000 bales.

Dee.

7.30 N 743 N

.16 of .05 off

Hongkong.....

unquoted 21.

unquoted Tentsin-Pukow Rly. 5%

(German Stpd.) 17-1/2 The Central Bank of China's Tientsin-Pukow Rly. 6% rate on London at 10 am, today was 1/2-1/26.

Paris

121

12+

*Silver Duty Rate The Equalisation rate was per cen

91

77

First Notice Day--1/10 Last. 23,10.

NEW YORK HIDES

Dec.

14.62/62

Total sales:-52 lots

,02 up

First notice day:-25/11 Last- 24/12. CHICAGO WHEAT

Sept.

Dec

Máy

112/112 1151/115 .4. 1107/1188 Saturday's sales:

bushela.

CHICAGO CORN

Sept.

7010

Dec...... 801/80%

CHICAGO RYE

May

Dec.

May

Last Notice day:-23/9.

NEW YORK WOOL GREASE

Dec,

93.5b/93.62 N.Y. Official Silver NY/London Cross Rate NEW YORK SUGAR NO, 3 September

January

2 up 34-3/4

4.03-1/4 India Rupee Paper

2.68b/69a 2.70b/71a

+ up + up

up LONDON METALS 6,031,000

EXCHANGE

London, Aug. 25 (Reuter), Tin. Standard, Cash, Middle Price, buyera £258-1/4; sellers

$256-1/2,

Tin, Standard, a Months, Middle Price, buyers 266-1/4 sellers

$200.

oft

1 oft

****.. 848a

+ off

711/714 20b

up unch,

05 off

Market steady with anelters still holding firm at £260 for months." Business failed to ex- pand in spite of "cash" being pur chased moderately from other

selling was well absorbed.

After hours: The market was

NEW YORK LARD

Sept........... 10.10b

Dee,

.......... 10,576 03 off NEW YORK BLACK PEPPER Sopt.

0.77b/8069 off

.00 off

·Do 6.000/95

Last Trading day 28/0. NEW YORK LOTTONSEED OIL Sept. 12,26b/34 Dec 11.97707

03/up

Bombay, Aug. 25 (Reuter). Govt. 34% Rupee. 98-0-0.

SILVER MARKET

LONDON SILVEK

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

$21 (Cer, Stpd. Supl. Loan) Jap 8% Ster, Loan, 1924 31-24 Ger 7% Intl, Loan; 1924 51. Chartered Bank 24H.K. & Shal Banking Corp (Ldn, Reg.) HK. & 8'hal Banking

Corp. (Col. Reg.). 82. Chinese Eng. & Mintrig

(bearer).... 15/6 Chosen Corporation Mercantile Bank of In

London, Aug, 25 (Reuter). Silver Market quietly steady with small trade demand satisfied.

Spot, 23-1/2d.

Forward, 23-1/24.

BOMBAY SILVER" Bombay, Aug. 25 (Reuter). Market-Qulet but steady,

take 50 bats.

dia, £50 2.

Pékin' Syndicate

114.

1/

'bal Bec, Constr. Co.... · IB / - S'hal Waterworks "A" Union Insurance

The total value is $17,035,85,

Exports to Great Britain have, featured the vegetable seed" grow- ers' trade in British Columbia since the New Year. Onton seed grown in the Okanagan is reported to be particularly suited to United King- dom conditions..

Messrs. Bloedel. Stewart and Welsh, Limited, announce in con- nection with their plant at Port Albern, Vancouver Bland, the con- struction of king for drying lum ber. The estimated cost is $350,000.

**

+Sale to Shanghai

The 216 leather footwear fac From 1848 to 1900 the total tim tories reporting to the Dominion (ber cut in British Columbia was Bureau of Statistics show increased 2,477,000 board feet, according to s production, compared with last statement recently published here, year. Output for the four months Last year's cut was 3,683,000,000 ended April amounted to 9,332,440 f.b.m. In more than half a century, pairs, compared with 8,781,974 pairs it is pointed out, British Columbia in the corresponding period of cut only 67 per cent of the total 1940, The turnout a classified as for the angle year 1940. The out- follows: footwear for women. put of newsprint in 1940 was 282,- 4,362,808 pairs, or 47 per cent of 144 tons as compared with 216,000 the total for men, 3,008,664 pairs, tons tn 1939 while in the same or 32 per cent for babies and in period production of other kinds fants, 436,633 pairs or five per cent of paper increased from 50,000 tons aid for boys and youths, 400,853 to 68,423 tons. pairs or four per cent. Tre factories operating are located by provirices

LONDON, Aug 28 (Reuter).

as follows: Nova Scotia 2: New The Board of Trade has made an Brunswick, 4; Quebec. 152; Ontario, order prohibiting all export of 87, Manitoba, 3 Alberta, 1, and goods to Tran except under licence British Columbia, 7.5

as from August 26:

INDO-CHINA

STEAM NAVIGATION COMPANY IT.

Operating Services for Cargo and Passengers

SWATOW, SHANGHAL, TSINGTAU, CHEFOO Sand TIENTSIN

KOBE and OBAKA

BINGAPORE, PENANG and CALOUTT,

SANDAKAN

HAIPHONG

15 22

Off

Gula Kalumpang Rubber 15 Lon, Mid & Scot. Ely 154, Great Western Rly,

401 National Bank of India 32J B.-A. Tob. (bearer):81/417. Dunlop Rubber

TO

35/6

Bristol Aeroplane

10/0

Imperial Cherleal, Ind. 31/1 United Steel

623/6.

Woolworths

67/9.

Marsman Investments

8/3

Weatern Holdings Sub-Nigel

17/8

and cargo are landed.

145/

Trad

For further particulare

(bearer) *bia

49/44

plesso apply, tóm

LONDON GOLD.

Indian Mint Silver Ready 12:13-0 Sept. 17. Settlement": 62-13-0 Oct. 14 Battlement 02-14-0

sources. A small amount of "a" FEDERAL RESERVE Trans.

featureless and prions unchanged.

United Kingdom "Weekly stocke⠀

RETURNS

Now York, Aug. 25 (Reuter).

Port Aug. 12 4 Aug. 19

* Choo'a Omitted));

wero at 4,774 tona, a decrease of Tital Loans $10,603,000 $10,000,000. 153 tons from the previous week. Investments 15,311000 18,337,000

London, Aug. 30 (Reuter)

Bat Gold The parton, 108/-.

All steamers berth alongside the Roosevelt Terminal in the French Concassion au Shangbai, where passengers