1941-08-29 — Page 10

On Shanghai:----

On demand

Jo Singapore:-

On demand

In Japan:-

On demand

On India:-

Telegraphic and demand

represented

Underwear

value

of

of cotton

J New York:-

Jn Batavia:-

On demand

Knitted

to the

outerwear value of

Ja Paris:-

Jn Saigon:-

On demand

in Manila;-

On demand

On demana

Jo Sterling Notar:-

Bank Buying Hate dar Bilyer per os.

ASSOCIATION

Spraina

1/4

Quie

81420

$225 $425

$430

Union DisarmOVES

$1

Underwriters

$185

283

277

16. (Lon. Reg.)

£9

Chartered Banks

23

Mercantile Bhe "A"

Morentile Rka. "O"

876

Bank of East As

8748

NC

9. Banka Insurances

Canton hukUTANUDE

17 ct.

£83

PAGE 10-HONGKONG DAILY PRESS

HOSIERY AND

KNITTED GOODS

Hosiery and knitted goods form the third largest branch of Canadian textile manufactures. It is surpassed only by the gar- ment trades and cotton textiles chiefly primary pruducts). Ho- stery and knitted goods account for more than aue-eighth of the total textile outpat. In 1939 the output value of this industry

recorded (with which is included fabrle gloves and mittens)

The main products of the in- galu of nearly sixteen per rent

bat they embrace as well dustry consist of wearing apparel. hlankets, automobile rugs, jersey cloth, stockinette. glove and shoe haings, wristing, tubing and skirting, woven

yarh5.

porter.

a

fabrics and

Canada does both import and, the leading product of the com.

in 1939 was i and export trade in knitted goods bat bined industry

Hosiery of valued at $28,330,000. is on balance considerable ex

a

silk and of silk mixtures. chiefly The total value of production for silk, was valued at $17.374,000 and combined hostery. knitted accounted for about 61 per cent. the goods. tabr ke glove and mitten of the hostery total. bidustry Increased from $50,215,000.

The output of underwear, both

The of combination and separate gar in 1938 to 58,170,094 in 1939. 1939 value was the highest in a ments. decade not having been exceeded $12,937,000.

since the 1929 gure $61,098,000, or cotton mixtures, chiefly col

As between 1938 and 1930 the tot accounted for $7,229,000 or

de about 50 per cent of the under number of plants reporting

but the war clined from 184 to 182 capital employed rose irem $52

total

was produced 332.000 to $56,665,000; the number $9,716,000.

of employees from 20,314 to 21,484

Of the hosiery. 3,144,000 paira and the payroll from $16,353,000 were full-fashioned silk valued at to $17,899.000 while the cost of $16.714.000; 85,600 pairs were full- materials advanced from $23,429,- fashlaned without silk. valued at $281,500 and 4,766.000 patrs valued 00 $27,838,000.

The hosiery and knitted goods at $11,334,000 were seamless. Industry was the source of much Imports of hostery and knitted the greater part of the outpal goods declined trom $1,838,000 in value of knitting manufactures. Its 1938 to $1,759,000 in 1939; while ex- production rising from $49,505,000 ports Increased from $3,440,000 tr in 1938 to $57.670.000 in 1939

$8.474,000 Imports of gloves and mittens declined from $983.800 to from $860,900; but exports rose $87.100 to $77,700 Imports of kni from ted goods included a wide variety Comparison

of items. Of the hosiery exports $709,400 to $500,300; but the de creare was partly due to re-classi-silk stockings accounted for $3. Acation of products. Hostery is 099,000.

OUTPUT VALUE The output value of the fabric glove and mitter industry declined

the same

ปาร

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE,

Baytre

thellore

Nonirali

SHAREBROKERS'

THURSDAY

28 AUGUST.

Banks

$145.K. Banks......

D. (Col. Reg.)

Buyer

Finance and Commerce

MONEY AND

EXCHANGE

CLOSING QUOTATIONS

AUGUST 28, 1941,

London:-

Telegraphic Transfer. 1/2 7/ Bank Bills, on demand 1/3, 7/6 Credits 4 months' sight

Bank Bills, un demand 24 15/16) Credits, 60 days sight 2 6/8

Jo Bangkok:~~~

Markey Report

N.Y. Commodity Market

(REUTER'S SERVICE)

Tuesday's sales: 10,168,000

CHICAGO CORN

FROM ROZA BROS.

Thursday, Aug. 28. Suver prices were unchanged yesterday, the quotations remain ing at 23.1/2 for Ready and For ward. Stiver advices reported the Sept.

LONDON STOCK

EXCHANGE

(REUTER'S SERVICE)

Lendon, Aug. 27. 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

35

STOCKS

Last Sale

Aug. 27

Adams Express

7

Alleghany Steel Co

24

FRIDAY, AUGUST

29, 1941.

NEW YORK STOCK EXCHÄNGE

QUOTATION

(REUTER'S SERVICE) AUGUST 28, 1941, ¦

STOCKS

Johnsmanville

Kenmecott, Copper

Last Sale

Aug. 27

67

381

Allis Chalmers ..

294

Libbey-Owens-Ford

Glass

28

New York, Aug. 27.

Amer. Can

81+

Cockheed Aircraft

281

Previous

American Cyanamid B.

40

Loew's Inc.

371

Close High

Low

Close Change

Amer. & Foreign Power

#

Martin, Glen L, Co.

274

V.Y. Cotton. Oct.

18.72

16.95

16.78 16,86

14 up

Amer

& Foreign $7 på. ...

21+

Montgomery Ward

342

Chicago Wheat, Sept. Chleage Corn, Sept.

1124

114A

1131 1133

14 up

Amer, Locomotive Co.......

142

National Aviation

01

787

77

78)

76ja

up

Amer, Metals

191

Nat. Dairy Products

16

Amer. Radiawr

61

National Distillers

223

NEW YORK COTTON

Amer. Rolling Mi

144

Nat, Power & Light

Б

460

TOct.

Closing Ranges Changes

16.86/36

Amer. Sting and Ring Co. 421

National Supply Corp.

71

14-up

62 3/1

Amer. Sugar Redning

18*

New York Central

121

Dec.

17.04/04

16 up

Amer. Tel, Tel.

1554

Niagara Hudson Power

2

102 1/4

Jan

17.00/06

.18 up

Amer. Tobacco "p"

701

N. American Aviation

16

Mar.

17.21/23

14 up

May

Tranter.

82 6/6 July

46 3/4

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

17.27/28

IG up 17.23/23

16 up Tuesday's sales:-187,600 bars. First Notice Day-1/10 Last- 23, 10. NEW YORK WIDES Oct.

14.55/55 Total sales: 80 lots. First notice day:-25/11 24/12

Amer. Waterworks Anaconda Copper

**

North American Co. (New)

122

20

Northern Pacifle

7+

Atchison, T. & 9. Fe. Aviation Corp.

281

Packard Mutors

3

38

Pantepec Of Ven.

11

Baldwin Locomotive Co.

15A

Paramount Pictures

15

Baltimore & Oile

42

Pennsylvania R.R.

23₤

Barnsdall OU

104

Phillips Petroleum

444

05 up

Last-

Bendix Aviation

381

Pullman Inc.....

271

&

Bethlebem 8teel

70

Pure Oll

16

FOR

CHICAGO WHEAT Sept.

113 114

1% UD

War Loan, 3%

after 1952) Delence Loan, 3%

Red.

Bliss & Co., EW. (com.)

161

Radio Corpn. of Am.

4

105-1/16

Boers Airplane Co.

198

Reading Company,

Com

168

101

Borg-Warner

19,

Remington Arms Co., Inc.

41"

Canton K'loon Rly. 5%

13

Briggs Mfg. Co.

19

Republic Aviation Corp....

34

Dec.

1172/118

14 up

40 7/8

May

1207/121

17 up

Chinese 44% Gold Loan

Budu M'iacturing CAND.

11

Republic Bieel

201

1898 (Brit. Issue

47

Canadian Pacific

41

Reynold Tobac. "B"

321

Chinese 5% Gold Bonds.

Celanese Corp.

254

Schenley Distillers

164

148

bushels.

1925/47

45

Chesapeake & Ohto

371

Shell Union O

14

Now.

1 Бери ...

Chin. 4% Anglo-French

Chrysler

572

Sorony-Vacunum On

91

7610

:

Up

Loan, 1908

45

Columbla Gas & Elec

21

Southern Pacific

14%

23 1/2

Dec.

802 802

May

85.85

Chinese 5% Crisp Loan

Commercial Credit Co.

231

Southern Bly $5 pfa.

311

EL

1912

304

Com, & Southern (Ord.)...

#

Spicer Manufacturing Co

36

CHICAGO BYE

Dec

721/728

2 sup

Chinese 5% Reorg Loan

Consolidated Eison Co.

178

Standard Brands

1913 (Ldn 18.)

38

Consolidated Oil

6

Standard Gas & Elec.

171

May

774/773

1

up

NEW YORK LARD Sept.....

Chinese 8% Ster. Notes

Copperweld Steel

154*

Standard Ol of NJ.

421

1926 (Vickers)

10

Curtiss Wright (C)

Studebaker Com,

51

Dec

10.25/22 10.80b

06 up

13 up

Chin. Imperial Rly. 5%

Distillers Corp. (Seagrams)

17

Swift International

221

Douglas Aircraft

70

Technicolor

91

Loan

57

Dec.

little more being a markel as

Silver WES American active. quoted at 34.3/4 for Spot,

York The London-New rate was quoted at 402.12. York-London was quoted at 403 -

Cross- New

NEW YORK BLACK PEPPER

5.98b/8.02a 6.13b/17 a Last Trading day-23/9. NEW YORK COTTONSEED OIL

12 405/60R Sept. Dec. NEW YORK

13 up 15 up

Honan Rly 6% 1905

14

Du Pont de Nemours

150

Texas Corpn. ......

42#

Huk uang Riy 5%, 1911

Eagle Picher Lead

91

Trans-America Co...

44

(LP. N/Y Issue)

15

Elec. Autolite Co

281

20th Cent, Fox Film, Com.

31

Hukuang Rly. 5%. 1011

Eree Bond & Share

24

Union Bag & Paper Corp.

11

10 up

(German Issue)

13

Elec, Bond & Share $5 pr.

544

Union Pacific

81

12.28/27

17 up

Lung

Tsing & U

Hal

Elec. Band & Share $6 pt.

59

United Aircraft

41

SUGAR NO. 8

Rly. 5%, 1013

Elec. Power & Light $7 pl.

344

United Airlines Trans .....

116

13

Flintrote

3.46

United Corpn.

Sept. Jan.

2.600/69a

S'hat-N'king fly 5%.

17

02 up

2,72b/74a

.64 up

MARKET

STERLING

£77

Est

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

at

Business done:-20 lots. NEW YORK SUGAR NO. 4

1.89 0 Sept. Dec.

1.93b/94a May

1,951b/96a

Tientsin-Pukow Rly, 5%

(Brit. Stpd.)

Gen, Electric

324

Suited Corpn. $3 cum pt.

231

Gen. Motors

301

United

Gas Improvement

71

121

Gen. Railway Signal

15

Tientsin-Pukow Rly. 5%

U.S. Rubber

231

.06 up 06 up

(German Stpd.)......... Tientsin-Pukow Rly. 5%

124

Gen. Tire & Rubber

128

U.S. Steel

58

Goodrich (3.F.)

187

Vanadium

25#

.054 up

£23 Cash.

U. S. DOLLARS Selling rate to Merchants at 25. 1/18.

Last notice day:-2/9. Business done:-304 lots. NEW YORK COCOA Sept

Dee.

$230

*.54n 7.67/68

unch.

.01 up

HK. & Shai Banking

$430

Corp. (Lan, Reg.)

75 ctu

R.K. & S'hal Banking

$120

BAL

$9!!

670

11 K. Fives...............

Shipping

Douglases.....

Steambouts

$188

unch 34-3/4

Corp. (Col Rog.)

8120

4 03-1/2

Chinese Eng. & Mining

(bearer)

Indo-Chinns et

190

$0.15

$16

$3,40

23.06

930

Indo Chinas (ie: Shells

96.55 Waterhosts...

Docks, Wharvės. Godowns, etc. HK. & K. Was ver

Providenta ...... (IK, Docke 70hl HK. Docks (New)

4294 +Bhanghai Docks

13/6

Kailums

17/ Ragha

Mining

2 cls., Hong Kong Mines.......

Lands, Hotels and

Buildings

HR & 8. Hotels

R.K. Lande............ 397 Do. 4% Debentures

#2048bungbai Lands

F8.20 H.K. Realties.

87

Humphreys ...

Chinese Estates..

Cotton Mills

101

840 8305

Ewo (8)

S'hai Cottons (8.)..

Zoong Sing (8)

Wing On Textiles 18..

Pabllo Tellittes

H.K. Tramways..

890 $70 50/70

Towards the

Chosen Corporation

Mercantile Bank of In-

dia, £5, "CN

B6

Pekin Syndicate

bat Elec. Constr. Co.

28.18

#91 86.20/20... $16

S'hat Waterworks "A"

Best

13/0

$3.99

87.20 C.D.

Bristol Aeroplane

83.56

836

Woolworths ..............

$97

$3.30

$6.80

Marsman Investments.

Western Holdings

Sub-Nigel

Shell

I

* bia

::

$14.80

19

$101 4% Loan

+

+

105

$90

B1%

H

(1934)....

รับย

36%

#1P1

$16.70 817 10

$7

Peak Trams (old)

Pesk Trams (new)...

$51

Star Ferris..

$221

$1.30

$21.80 X.Rts,

$28

12

$10.00

Bil

Y'asti Ferrino,

$23

#6 06 Chisa Lights (0

Chiun Lights (Now)..

$6 $1.35

8211, K. Electrics(New

Macao Electries

$184

Bandakan.

823+

199

830

16

H. K. Flestrice (0.821.40 X.R.

H.K. Electric (tv)| 810.00)

818 Macao Electrics.

kan. Elybts..

Talephones fold)...... Telephones (now).....

Industriais

Cald., Macg,(Ord;) 8.

Cald., Muog. (Prof.)8

Canton Ices.

Cementa

HK. Ropes

H.K. Gori Lossa

823

(1040). Miscellaneous

Jairy Forim...equado

Infortaitrinants one

$1.00 Constructions.' (old).....

80 ots. Constructiona (now)....

38 45 As Crawford........

Vanyang Tolsoco... #3

lisosotro܂

Ob. G.

G#Dds,

.K. Wing Ong

849

S'hal Wing On sma

$7.90

Vibro Pilingas

0/3

Maratoniis luv: (Lon.)

1/0

| Markman Inv.' (II.K.)]

*

Wm. Powell

N.A. Chemicals (FIK)| BB],

+Bala to Bangla ki

Lu THRO

#40

SHANGHAI DOLLARS Business done early in the morn- The market closed at ing at 521. lunch time with sellers at 521.

SHANGHAI MARKET

Unofficial market. Sterling open

ed with sellers at 2.55/04 and then firmed up to 2.7/8.

close the rate was a bit easier at 2.55/84. U. S. Dollars opened-with

sellers at 4.21/32 and then rose to 4.7/8. Towards lunch time sellers were reported at 4.27/32.

AFTERNOON MARKET

Quiet.

STERLING There were sellers at 1/3 up to October, buyers at 1/31/32 for Cash.

U. 8, DOLLARS

Selling rate to Merchants at 25. 1/16.

SHANGHAI DOLLARS Sellers at 520.

SHANGHAI MARKET

Unofficial market, sellers of Ster-

ling at 2.57/04 and U, S. Dollars at 4.27/32 for Spot.

305 Shanghai Exchange

B125

Shanghai, Aug. 28 (Reuter).

OMcial TT. Rates.

$16 00

London

$49

New York

Japan

India

Parly

PAL

Hongkong

#11

76 ots

Opening

0/9-5/32

Silver Duty Rate

6-5/16

unquoted 17-1/2

nnquoted

21

The Central Bank of China's

rate on Lordon at 10 am, today was 1/2-1/24.

The Equalisation rate was 24+

per.cont

RESERVE BANK OF INDIA STATEMENT

Calcutta, Aug 27 (Reuter).

Aug. 15 Aug. 22

*

Last Notice day:-23/9. NEW YORK WOOL GREASE

93.5/93.5

Dec NY. Official Silver NY/London Cross Rate

H.K. Stock Exchange

Thursday, Aug. 28,

BUYERS

H.K, Govi 4% Loan, 180, HK. Govi. 34% Loan (1934), 98. H.K, Gart. 34% Loan (1940), 98.

. Canton Ins., 3225, Unton Ins., $425.

HR, Fire La..$185.

Wharves, $90,

Docks, $13

Providents, $0.20.

Hotels, $3.45.

Chinese Estates, $101

Trams, $16.75.

Lights (0), $6.

Electrics (0) X. Pts., 621.30. Electrics Ris., $10,90 Telephones (O), $23.

SELLERS

Hotels, $3.65.

Trams. $17.05.

Telephones (0), $23,50.

SALES

R.K. Govt 4% Loan, 101. BLK. Govt. 34% Loan, 99.

HK. Banks, $1425.

Docks, $16.10.

Hotela, $3.60

Electrics Pts.. $11. Ropes, $9.

HONGKONG

SHAREBROKERS _______ ASSOCIATION Volume of Business Transacted" on Thursday, Aug. 28, 1941. BALES

Chins Lights (N)

ing Department). 29,179 29,208 China Providents

091

941

Notes in circulation

(including Notes

held in the Bank-

$18,80

106

Rupee Coin BulionTM

in India'

8,726 3,815

old Coin and Bul-

HK. Electric - Risi

£0.40

Sécurities (Indiari

01.05

lion in Inpla 4,441 4,441 |

BILL Government) 7849 7,049

Becurities- (British

30

JAS

#14

HK Hotels

Government) 13,162 19,182 Ropes

(Figures in Lakhs Rupees).

LONDON GOLD

Longion, Aug 27 (Router). Bar Gold, Fine ber b. 168/

HK Landsai HX. Wharves

500 $1.50

500 1:50

·500

10.25

165 6:25

600 6.30

11.00

800 500 11.00 7811.00

···100 12.00 200 3.55

500 9.00. 50 14,001

20 91.00

4,000

Bain on Wednesday, 27th inst. The total value is 328729,780

SILVER MARKET

LONDON SILVEK

London, Aug. 27 (Reuter). Silver Market slightly more ae. tive with small trade demand satisfied by excess offers

Spot, 29-1/20.

Forward, 23-1/24.

BRITISH

EXPORTS

LONDON METALS.

EXCHANGE London, Aug. 27 (Reuter). Tin, Standard, Cash, Middle Price, buyers 258-1/2; sellers £267.

TO CHINA Price,

LONDON, Aug. 28. (Centra}

It is believed that the order of the

Tin, Standard, 3 Months, Middle

Board of Trade prohibiting ex- Price, buyers £259-3/4; sellers

€200. ports to China except via the Hur-

Market steady, with consumers ma Road has been made for the demand more active, especially for purpose of strengthening the hand cash and slightly increased bids

British circles in London feel met ready sellers

"After hours: Market quiet-15 that although not possessing phytons of "3-months at £259-3/4

paid.

sical means to stop Imports Into Shanghai, the Stabilisation Fund

is taking effective measures to

control the volume of such im change for unapproved imports ports by restricting exchange fact and by the inability of the Bri- Ilties extended to approved imports, tish exporters to obtain licences It is believed that the Stabilisator, unwanted merchanise. The tion Fund will secure a firm grip Fund will be placed in a strong over the bulk of China's Imports position to regulate the fapl's ex- by restricting the supply of ex- ternal exchange value,

INDO-CHINA

STEAM NAVIGATION COMPANY LTD

Operating Services for Largo and Passengers

TO-

SWATOW, SHANGHAL TSINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

SINGAPORE, PENANG and CALCUTTA SANDAKAN

HAIPHONG

All steators bertie alongside the Houvevolt Terminal in the French Concion 45 Shanghai where passengers and cargo are landed.

For further particulars.

please apply lo

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

(Ger. Stpd. Supi, Loan) Jab, 6% Ster. Loan, 1924 223-25) Ger. 7% Intl, Loan, 1824 54 Chartered Bank

124

124

Goodyear Tire & Rubber... Great Northern Iron Ore Great Northern Rly, pfd. Great Western Sugar...... Inter. Nickel

19

Vultee Aircraft

74

177

Walworth Co.

201

Warner Bros. Pict.

54

201

Westinghouse Elec,

914

27+

$$

Inter. Paper & Power.... Int. Tel & Tel. (Fon, Is) 2)

182

Woodward Iron Cor. Chase National Bank National City Bank

251*

30*

27

771

DOW JONES AVERAGE

83

1943

13/6

4/-

114

High Low Dow Jones Averages

Industrials 13. 115.3 30.

Itaile 30,88 28.64 20 20.60 17.22 15 92.19 89.56 40 79.48 65.45 11

Utilities

Bonds

Commodity Index

Aug. 22, 1841. Aug. 26, High Low Close 137.87 120.80 127.08

1/-

Chauge

126,66

.62 up

30.40

30.49 30.39 39.38.

02 off

18.60

18.63 18,00 18.57

.67 up

90.64

90.72

.09 up

79.21

79.83

.79-up

Business Done: 430,000 shares

15/-

15

Union Insurance Gula Kalumpong Rubber 15 Lon. Mid. & Scot. Rly. 157 Great Western Rly. ...... National Bank of India B.-A, Tob. (bearer) Dunlop Rubber

22

414

32

85/-

35/3

10/9

Imperial Chemical Ind. 31/14 United Steel

23/6

58/-

6/3 17/-

143/9

of the Chinese Stabilisation Fand.

& Trad Trans. (bearer)

60/7/

„1 ́ex, dir.