1941-09-19 — Page 10

Spot

Raw Sugar Futures (Contract No. 3)

Sept

Jan

in Shanghal:-

MBI.

On demand

480

May

July

On demand

... 52 3/4

On demand on India:--

172 1/4

Raw Sugar Futures (Contract No. 4)

Telegraphuc and demand On New York:---

Transfer.

8£ 6/8

Dec Mar.

Мну Juty

ju Batavia:-

On demand

Tols

.... 46 3/4

B. bid

ines

mest

defence articles which delivered Cargo vessels have been fighter planes

the United Stoles tracts have been concluded during supplied by Maritime Commission to carry the the past unarter reinforce the needed goods over the long voyage Chinese Air Force To advise and

Rangoon

a fleet of medern On Paris:-

Lep-Lease" con.

A-asked WINNIPEG WHEAT

in

Bank Bilis, on demand Now. Credits 4 months' sight Now. Salgon:---

PAGE 10-HONGKONG DAILY PRESS

AMERICAN AID TO CHINA DETAILED IN 32-PAGE REPORT TO CONGRESS

President Roosevelt on Monday submitted

FINANCE

FOREIGN MARKETS

しゅう

MONEY AND EXCHANGE

a 32-page report Congress revealing that more than $190,000,000 worth of war supplies countries fighting future plans for further aid to China and other the Axis Powers ander the Lend-Lease Programme and future plans for further ald to Ch na

outlining

The President reported that the Administrating is preparing a programinie to help the Chinese to strengthen their air force.

Lend-Lease

SUGAR PRICES | LONDON STOCK

New York, Sept. 17 Reuter

NEW YORK SUGAR

Raw Sugar Centrifugal, ship- CLOSING QUOTATIONSent from Cuba, o & f. New York.

duty free:-

SEPTEMBER 18, 1941.

Pro

Jn London:-

Telegraphic

that the President Roosevelt also disclosed

De Yunnan-Burma Railway gramme had supplied equipment for and the Burma Road in order to speed the flow of arms and ma terials to the "heroic Chinese people."

10

way

Transfer

Bank Bills, on demand /NZ/A Credits 4 months' sight

Ja Singapore:--

limitless virtually has materiais, China addition America is furnishing China with manpower which built the Burma medicine and technical assistance Road unaided and is now harnes- to Big malaria, while a nitary led to the Lend-Lease equipment

Lo and materials in the tremendous on Japan:- is being dispatched missien China in connection with supply-job of pushing a rail road through Yunnan Under the direction of Ing Lend Lease and

In special

concerning the United States Public Healin! see Lions American ald to Chira. President Service, a mission has been sent

in the Roosevelt reported

Castle proter! the lives and health of

of China as with Britain, one of the workers on the vital project the major tasks has been to im

prove. extend and make

long Communication

"Protection of China's highways semure railroads. her air felds and cities over from wanton Japanese aerial t-

betuk requires

Bank Billa, on demand 24 16/16 Credits, 80 days' sight 26 6/6

Sales for the day-16 lots

Volume of business donr:--384

EXCHANGE

(REUTER'S SERVICE)

FRIDAY, SEPTEMBER 19, 1941.

& QUOTATIONS

London, Sept. 17. The following quotations are tho middle prices at the close of the market in London. All quotations are subject to confirmation and mo responsibility is assumed for errors in transmission.

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE,

Buyers

#

SHAREBROKERS' ASSOCIATION

Buyer

Bollers Balos

Komina

THURSDAY

18 SEPT

Banks

Do. (Col. Reg.)

Indo Chinae (Prof...

$70 Indo-Chinas (Def,}

Godowns, etc.

Providente

$1490

285

£78

209

$235

$440

176 cts.

$1974

$120

810

890

$70

38/74

y'day' Layt

Belfor

Дотво

Balco

Iapt4.

$1480 11.K. Banks

350 N

$86

£78

Do. (Lon. Reg.)

X.D.

£9j

Charte ad Banks

£23

Mercantile Bk. "A"

£23

275b/77a

11

Mercantile Bke, "C".

876

Bank of East Asia

$76

2,795/80a

N. . & 8. Banks

18 ct.

2.760/77a

Insurances

2.78b/82a

2.84b/868

War

Loan, 31%

Red

$240 $440

$230

Canton Insurances.

$433

Union Insurancës.

$1

Underwriters

after 1952)

Defence Loan, 3%

1061 1014

$187

H.K. Fires.

Shipping

2.114 12

Canton K'loon Rly 5% Chinese 41% Gold Loan

13

8120 Tougisses

81080

811

Stearabonta

2,080 108 sa

2.07/08

1898 (Brit. Issue) Chinese 6% Gold Bonds

46

F90

2.09b 091a

1925/47

45

60/10) Shells

Chin. 44% Anglo-French

$0.55 Waterhosts

Docks. Wharves.

:

Loan. 19ng

40

N-nominal

Chinese 5 Crisp Loan

*97

#K

&K Whores

€97+

¦

1912

291

87.46

Oct.

per bushel 7247724

Chinese 5% Reorg Lonn

1913 Lan Is

$100

$7.70 $20

#7

$7.30

$20/ 192

Н.К

38

On demand

10€

Dee May

741b

782 781

Chinese 8% Ster. Notes

1925 (Vickers)

887

Docks (Old) HK. Docks (New) +Shanghai Dogka

Mining

$20

$20/1191...

141

8374

16

consult with the Chinese authori

tes concerning the use of the de..

articles abeady provided Free [ener

of

China will determine of detence equipinen.

General

man

Government

Ku

18 Contrast - Chair Cheng-bon

TAX IN KIND CHUNGKING Sept 18 (Centrair Taking advantage of the foll the Central Government narrest

tran

submited 9 Tax

כנן

China.

For Szechwan, generally known

1

Jn Sterling Notes:-

OVERLAND TRANSPORT "Overland transport 1710)

of high- under the Lend-Lease procedure as China requires the use

and well as those scheduled for tutur railways. waterways Ways Airlines Fundamental steps have delivery, there has been organiseri been taken to strengthen the vitaja military mission which is now routes Paving materials have proceeding to Free China been delivered and applied for re

China's surfacing

Weling the of this mission and its conteren- Burina Road, and a growing feel ces with the leaders of the armed pera- torces of Lendlease trucks are in tion on these vivilian supply. Re-the type gular shipments of gasoline, motor best adapted to the actual condi olls and spare parts and tires are!tions of warfare in that country, Festerday, the quotations remain- being provided for the service al and will insure the effective useing at 23.1/2 for Ready and 23.7/10

of equipment provided." Central for Forward. these trucks and other vehicles

"It is expected that observations Market Report

3-Year Reconstruction COLLECTION OF LAND, York-London was quoted

Project For Kansu

LANCHOW. Sep:

of the Kansu Provinclad, has decreed the collection of Land

kind throughout

Kansu 5 Year Reconstruction Pre

lect to the tourth binary session

the

MARKET

SHANGHAI MARKET Official rates, sellers of

of the Karen Provisional People's as "China's storehouse of grains." Political Council et consideralen 12 milk picula are celectable 25.1/16.

months Meanwhile The project, drafted in accor- within faree

rains and abundant dance with

National 3 Yeur blessed by

Government successful Reconstruction Project proinugat- through

control, the rice prices in "Sze- by the Executive Yuan, em phasises the tightening of recon chwan continue to drop.

war struction and futilment of tune beras

personnal Far exel projres an additionni $300,000 will be appropriated trem the provincial treasury

It is reported that Generalis- simo Chiang Kai-shek has ordered the Ministry of Food to buy ad

the market rice from ditiunal

October

as In avoid 'after

forcing the prizes up.

at 3.5/32 and US Dollars at 5.5/16 AFTERNOON MARKET

There were sellers at 1:3 up to

at 1.3.1-32 October, buyers

H.K. Stock Exchange

Thursday, Sept. 18 BUYERS

Union In.. $440.

HK Steamboats, $10.80. Docks, $19.00. Providents. $7.45,

Hotels, $4.25.

Humphreys, $8 Realles. $4 15:

Chinese Estates. $100,25 Yaumati Ferries $24. Lights (N, $2.50. Telephories (Oi, $25. Telephones (N), $9.40. Cements, $11.

Jo

Manila:----

On demand

49 7/8

CHICAGO WHRAT

Chin. Imperial Rly. 5%

18/6

Kailan

14/0

BIE

Banbe

17.30

Loan

80

per bushel

in Bangkok.:---

On demanG

146

Sept

1178 1178

Honan Rly. 5% 1905

14

Dec.

....

121/123

Hukuang Rly 5% 1011

(L.P. NY Issue)

15

Bank Buying Rate jar Bilver per on.

Nou. 23 1/2

Highest Dec.)

122

Lowest 1

1211

Tuesday's sales

bushels.

15,721,000

NEW YORK COTTON

Silver

FROM ROZA BROS.

Thursday, Sept. 18.

Were prices

unchanged

Oct

Dec.

Jan.

Mar.

Opening Closing 17.51/51 17.73/73 17.72.70 17.92/92 17.34.74 17.97 N 17,85/87 18.09/10

American Sliver was quoted at 34.3/4 for Spot,

The

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

at 403

May

17.99/09

18.24/24

July Spot

18.04/04

18:31:35

13.46

Pruss

Highest Deco

13.96

Lowest)

17.69

1;4

T.Top London Silver, Official Rate London Silver, Spot

4.03-1/2

Hukuang Rly 5%. 1911

(German Issue) Lung Tsing &

Rly 5% 1018 S'hat-Nking Rly. 5%. Tientsin-Pakow Fly, 5%

(Brit Stpd.j Tientsin Pukow Rly. 6%

German Stpd) Tlentain-Pukow Rly 5%

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

(Ger. Stud. Supi. Loan) Jap 6% Ster, Loan, 1924 Ger. 7% Intl, Loan, 1924 Chartered Bank

941

$1.7

#3A

13

U Hal

2381/281

$974 #22

13

$4.15

2

17

$8

SA

2 ata. Hong Kong Mones

84/4.20/4 H.K, & 6. Hotels.

1.K, Lands.

Do 4%. Debenturea

Sinugba Lande

Humphreys

Lands. Hotels and

Buildings

84,35 | 04.2015

$28

$976

84.163.K. Rualties

$4.10 $4.35

$100

508

Chinese Estales

Cotton Milt

13

SM

Ewo (..

BDG

2205

'bai Cotton

$305

**

13

Zoong Sings (8)

Wing On Textiles (S

$136

13

Pubile Utilities

B10

.K. Tramways....

$18.40

13

$7

Peak Trains (old)

$7

284

831

Peak Trams (new)

$31

#51 Star Ferries

304

93

$24

mati Ferries

$24

-

34-3/4

23-1/2d

Н.К

St Bhat Banking Corp. (Lan, Reg).

87 35 $7.60) 274

China Lights (0)...

$7.60 $7.40

$24

82.50/ 65

China Lights (New)

$2.00

78

8241

Quiet

A.K. &

8'hai Banking

923

H.K. Electrics X..(0) H. K. Electrion(New)...

$34

322.60 1.75 .44

STERLING

!

Corp (Col. Reg.)

85

$13.85

There Free October

Cush

were sellers at 1:3 up L

1.31 32 buyers at

Chinese Eng & Mining

(bearer)

15/0

Chosen Corporation

5/6

좋았다

$241

Selling

U. S, DOLLARS

to rai

Mercantile Bank of In

$9.30

dia, 25,

114

$13.85 H.K Electric (Rts.)

Macao Electrics 818

Macao Flectcios

$13.10 Sandakan Lights.......

felephones (new)................ Industrial

$14

Telephones (old).......

$26

Merchants

Peki Syndicate

1/-

$40

Cald., Maog. (Ord.}$

i

S'ha Elec, Constr. Co.

13:9

235

Cald., Macg. (Prof.)

SHANGHAI DOLLARS

S'ha! Waterworks “A”

1.5

81

Canton Icon......

Union Insurance

22

17

0174 817)

Cements

$17

515

Guls Kalumpang Rubber Lon. Mid.

15

210

!K Ropes

73 ots.

$10.30

H.K. Gevl. Leams

& Scot. Riy

16)

$101 4% Loan

B101

Sterling

Great Western Rly

41

299 3%

(1934)

200

་་

National Bank of India

33

89K 31%

BA. Ton, bearer)

93/14

Quiet.

¡Dunlop Rubber

36/3

STERLING

Bristol Aeroplane...........

10/9

(1940) Miscellaneous

$20.30 Dairy Farms.........

961

Entertainmente

20

87-

Imperial Chemical Ind

32 -

$1.60 Constructions (old)..

$1.65

for

United Strej

23/71

80 cts. Constructions (now)...

Woolworths

57/-

$6.70

16.10

Lane Crawfords........

$0.45

| Cash.

U. S. DOLLARS Selling rate to Merchants 1/16.

Watsons. $13.25

25

Lane Crawfords, $6.20. Wm. Powell, $1,65,

SHANGHAI DOLLARS

515.

SHANGHAI MARKET Official rates, sellers of Sterling

and U.S at 3.5 32 5.5:16

Dollars at

Marsman Investments.

7.6

Nanyang Tobacco......

$8.70

$21

Sinceres

$2,40

Shell TranS

Western Holdings

Sub-Nigel

bearer

19/-

$131

813.40

Watsaus

$18.45

143/9

$43

C). G.5%, 1825G$Bds.

43%

&

Trad

$39

I.K. Wing On

$719

55/71

S'hai Wing Un

$14

$7

• bid

i ex div.

Vibro Filing...

$61

7/8

Maremans Inv. (Lon)

1/6

Morgans Inv. H.K.)

$14

814

MAXIMUM RUBBER

PRODUCTION URGED

"We have now completed the second year of war conditions and thanks to the protection of the British Navy and the Imm- perial Forces, this country has remained under peaceful rondi- been prosperous," said Mr. tions and the rubber industry has Tau Cheng Lock, presiding at the annual general meeting of the Malayan Estate Owners' Association, held in Kuala Lumpur. "The defener of Malaya,"

he was able to afford. have borne Shanghai Exchange

went on. "have been strengthened heavily on the copra producers, enormously and I am confident |

that we are in a position te meet any threat to this country.

PINEAPPLE INDUSTRY

Shanghai, Sept. 18 (Reuter).

Official T.T. Rates

The pineapple industry is still working under adverse conditions. King- remember Shipments to the United "In return we must

which previously was the that the maximum production of dom,

entirely rubber is a war necessity, and we principal market, have

the

must

maximum stopped for the time being, and produce amount possible, and bear cheer there is only a small demand from

Canada Dominions tully our fair share of the burden the

London New York Japan India Paris

Hongkong

of

and

The

of any further war-time taxation New Zealand and from the Mid-

dle East. which may became necessary,

"Although the price of rubber has been stabilised, it remains at notwith- level a remunerative

increased cost of standing the labour and materials.

Opening

0/9-5,32 5.5/16 unquoted 17-1/2

unquoted

21

Silver Duty Rate Ceutral Bank of China's

The Equalisation rate was 241

"Many estates have been forced rate on Lordon at 10 am today!

close

was 1/2-1/24. and down

have been

abandoned.

"As regards the Association It per cem self, I am again able to report a small increase in membership "

Continuing, the chairman said the accounts for the year showed labour, which the rubber industry a deficit of $184.57. However, a

"The position of the cupra in dustry remains a difficult one and the Increased wages pald

HONG KONG TIDE TABLE From 19 to 20 Sept. 1941.

HIGH WATER,

Hong

Kong

Days of

Week

Standard

Height

Feight.

India Rupee Paper

1 Bombay, Sept. 17 (Reuter). Govt. 33 per cent. Rupee, 98-0-0

LONDON METALS

Constructions (0), $1.75.

SELLERS

Docks, $19.75.

Providents, $7.65.

Hotels, $4.30.

Lands, $38.50.

Trams, $18.40.

Lights (0), $7.80.

Electrics (N), $13.75.

Cements, $17.15.

Watsons, $13.75, Vibro Piling. $7.

SALES Bank of East Asia, $76. Union Ins., $442)/40. HK. Steamboats, $11. Docks, $19.75/70. Providents, $7.60/.55. Hotels, $4.20/30/25. Lights (O), $7,50, Lights (N), $2.55.

Electrics (0) X. Rts., $24,25. Electrics (N), $13.75, Cements, $17,25/15, Ropes, $10.50/60. Dalry Farms, $19.76. Watsons, $13.45/50. Lane Crawfords, 96.10,

HONGKONG

SHAREBROKERS

ASSOCIATION

EXCHANGE London, Bept, 17 (Reuter).

Cash, Middle. Tin. Standard,

Volume of Business Transacted on Thursday, Sept. 18, 1941. SALES

member who wished to remain anonymous forwarded " special donation of $185 to cover the de Actt and he would like to express the gratitude of the Association,

the year our Malay "During Canvasser visited Selangor, Perak, Price, £258-1/2 buyera; 258-3/4 China Lights (0) China Lights (N) Negri Bembilan, Pahang and sellers. Malacca. Our Chinese canvasser Tin, Standard, 3 Months, Middle China Providenta Ly confining his operations to Price, £250-1/2 buyera; £250-3/4 Cements Selangor at present, but it 19 sellers.

H.K, Docks

I hoped to extend the propaganda Markot. quiet, with small de Dairy Farms 37 work among the Chinese, who own mand, mainly very large acreage in this coun-Smelters

LOW WATE

Hong

Kong

Standar

Time

Timo

h. m, Ert, ám.

h. m.

Fri.

19

07 17

72

01 11

་

235

14 20

Skut 20

OR ON

73

of 58

2

try.

2104

2104

B Q

1454

Bun. 1

OR 18

74

ng 44

0

21 24

4 15 28

Mon. 92

Tuon

0941

03 20

#07

1004

10 97

70

0417

92 45

71

10 37

Wed, 24

1134

0504

72

Th

12 33

"The co-operation of the Cal-concession for limited quantities. Ropes.

nese Chamber of Commerce has 'Cash"

Wus quiet and casier.

1,000 $ 7,30

1,000 2,55

760 7.50

500

17.10

1,400

10,75

500.

19,75 100 0.50

of "3 montha." maintained

unofficial Bank of East Asia Umit of £200 but dealers made H.K. Lands

109 76.00

200 37.50

800 10,50

1,000 10.00

200 4.25

200 13.45

300 13,50

Marsmaus II.K,

.300 2,00

8,050

been sought and any assistanco After hours: the market was life. H.K. Hotels

which they can give will be most less gratefully received."

Mr. Tan Cheng Lock was re elected president and Mr. P de. 17 10 065417 Langing re-elected vice-presiden

0017 40 3 (Malaya Tribune),

LONDON GOLD

London, Sept. 17 (Router), Bar Gold, Fine per os, 100/-

A.B. Watsons

The total value is $102,520.00;

RESERVE BANK OF INDIA STATEMENT

Calcutta. Sept. 17 (Reuter),

Sept. 5 Sept. 17

Notes In drculation (includios Notes held in the Bank- ing Department)... 29,230 29.841 Rupee Coin Bullion

3,776 3,887 in India

Wm. Powells.

N.A. Chemicals (HK) $5.80

+Sale to Shanghai

SILVER MARKET

LONDON SILVER

London, Sept. 17 (Reuter). Sliver Market very quiet with negligible demands satisfied.

Spot, 23-1/2d.

Forward. 23-9/16d

"Rombay, Sept. 17 (Reuter).

Oftake 100 bars.

BOMBAY SILVER

Gold Coin and Bul-

Hon in Incla

4.441

4.441

Sceurities (Indian

Government) Becurities (British

Market Steady.

7,849

7,850

Indian Mint Silver

Ready

Government) ... 13,182 13,862

(Figures in Lakhs Rupees?

Oct 14 Settlement

Nov. 15 Settlement

63-00-3 63.00-6 69-01-0

GAS CHARGES TO

BE INCREASED

The Hongkong China Gas Co. has announced an increase of 20 per cent. on net Raa charges from September.

the

It is said that owing to shortage of coal, the Company has to pay a very heavy increase in further freight rates to obtain supplies of coal.

This merease is only temporary to meet the present emergency and will be withdrawn as soon as conditions allow.

INDO-CHINA

STEAM NAVIGATION COMPANY LTD.

Operating Services for Cargo and Passengers

TO-

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

BINGAPORE, PENANG and CALCUTTA

SAND, KAN

HA FHONG

All steamers berth alongsitie the Boomvolt Terminal in

the French Concassion al Shanghai, where passangera

and cargo are landed.

For further particulari

please apply to

JARDINE MATHESON&Co.L TELEPHONE ZOSII GENERAL MAN

ERS