(REUTER'S SERVICEY
NEW YORK, Feb, 1, 1941.
Prev. Today's
High Low
Close Close Change
New York Cotton, March
10.43
10.34
10.39 10.35 .04 off
On London:-
New York Rubber, March
19.76
19.75
19.79N 19.77N .02 of
Transfer. 1/2 7/3
Chicago Wheat, May
823.
823
82
81
I off
Bank Bills, on demand 1/2 7/8 Credits 4 months' sight
Chicago Corn, May
614 601
811
817
PAGE 10 HONGKONG DAILY
PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
FEBRUARY 1, 1841.
Telegraphic
NEW YORK COMMODITY MARKET
קט ?
NEW YORK STOCK EXCHANGE
QUOTATIONTM
(REUTER'S SERVICE)
FEBRUARY 2 1941
MONDAY, FEBRUARY 3, 1941,
BANKS.
HONGKONG & SHANGHAI THE CHARTERED BANK OF
"BANKING CORPORATION
Authorised Capital $50,000,000
INDIA, AUSTRALIA
AND CHINA
Issued & Fally Paid-Up $90,000,000 Incorporated by Royal Charter, 1858
Reserve Funds:
Paid-Up Capital £8,500,000 Reserve Fund
Sterling
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro- Reserve Liability of
...£3,000,000
£3,000,000
prietors
...£3,000,000
Proprietori
..$20,000,000
HEAD OFFICE: LONDON:
*
New York Hides, March
12.58
13.47
12,59 12.48
.11 of
STOCKS
Last Sale
STOCKS
Last Sale
On Shanghai:-
NEW YORK COTTON
Close
Opening
Closing
Change
Feb. 1
Feb. 1
Head Ofce:HONG KONG -
On demand
430
Adams Express
8
Loew's Inc. ...
311
On Singapore:
March
19.39/40
19.41/41
19.35/35
On demand
On Japan:-
Oo India:-
Telegraphic
52 3/4
May
10.40/40
19.44/45
19.35,36
July
10.27 N
19.33/33
10.27/27
.04 of .05 of unch
Alleghany Steel Co.
20%
Loft Incorperated
16
Allis Chalmers
32
Mack Truck Inc.
271
Board of Directors: Hon. Mr. J. J. Paterson,
Aluminium Ltd.
701
Martin, Glen L.
27
On demand
-102 1/2
October
9.79,'70
B.84/84
9.78 N
,01 off
Amer. Cán
B7:
McKesson & Robbins, pid.
W. H. Lock, Esq..
25
December
9.75/75
Transfer. 82 1/2
January (1942)
9.72 N
9.80/20 9.75b/78x
9.74/74
01 off
American Cyanamid B....
321
Montgomery Ward
Chairman.
Deputy Chairman.
and demand
Spot'
10.92
9.71 N 10.00
.01 off
Amer. & Foreign Power
f
.02 off
M'tain City Copper Co
J. K. Bousfield, Esq.,
Amer & Foreign $7 pf.
161
National Aviation
On Batavia:--
On New York:-
Bank Bills, on demand 23 9/16 Credits, 50 days' sight 24 6/16
Total sales Friday:-43,500 bales.
The first notice day for March Cotton is 25/2/41 and last day is 14/3/41.
91
A. H. Compton, Esq.,
Amer, Locomotive .........
137
Nat, Dairy Products
138
L. J. Davies, Esq.,
Amer, Metals Co.
17
| National Distillers
214
Hon. Mr. 8. H. Dodwell,
amer. Radiator
61
National Lead
G. Miskin, Esq.,
161
Amer. Roling M
134
K. S. Morrison, Esq.,
AMBITHAE
BANGTOK
BATAVIA
On demand
44 T/N
On Paris:-
NEW YORK RUBBER March
Nat, Fower & Light
61
Amer. S'ting and Ring Co.
39)
National Supply Corp.
51
Bank Bills, en demand Nom. Credits 4 months' sight Nom.
May
19.79 N 19.64 N
On Balgon:-~
On demand
......... 102. 1,4
July (New contract). 19.54/54 19.44 N 1 ...... September (
Total sales:-20 tons.
19.853 19.63a 19.50a 19.30b/40a
19.77 N 19.63b
.03 off
Amer, Sugar Refining
14*
New York Cenual.....
12t
01 of
Amer. Tel, & Tel.
163
Niagara Hudson Power
27
19.58b 19.40b
.04 up
Amer. Tobacco "g"
71
N. American Aviation
15
י,
.04 off
Amer. Waterworks
49
North American Co.
15
Branches:
Anaconda Copper
23+
Northern Pacific.
61
On Manila: -----
Aléhison, T. & 8. re
21+
On demand
47-18
CHICAGO WHEAT
Owens-Illinois Glass Cu.
461
Amoy
Aviation Corp.
41
Pacific Gas & Mec
271
Bangkuk
Johore Kobe
On Bangkok:-
May.
82/821
On demand
119 1/9
July
..: 76%/762
-821/821 761/76
8137811 75#/751
off
Baldwin Lecometive
151
Packard Motors
3
Batavia
Kowlyus
Rangoon Saigon San
Hon. Mr. T. E. Pearce,
Hon. Mr. A. L. Shielduj Sir Vandeleur M. Grayburn,
Chief Manager.
BOMBAY
DALOUTTA
AGENCIES:
CLITE STIFT KUALA
CANTON CAWNPORW CERU COLOMBO
38, Bishopsgate E.C.2. Sub-Agencies In London: 117/122, Leadenhall Street, E.C.a. West End Branch: 14/16, Cockapur Street, S.Wi Manchester Branch: 32, Mosley Street, Manchester, 8.
AGENCIES AND BRANCHES-
ALOK STAR
EORT TUNG ILOILO 1POR
KARACHI
KLANO
PENANG RANGOON
BAIGON
SEREMBAN
SHANGHAY
SINGAPORE
хоро
SITIAWAN
SOURADAYA
FAIRE: PLACE
LUMPUR
TAIPING
KUCHING
FIUNTSIX
MADRAS
MANILA
TUNGKAHI
(-Bhukos)
DELAI HALPHONG
MRDAN
TRINGTAL
NEW HA
YOKOHAMA
off
Baltimore & Oblo
31*
Bombay
Kuala
Francisco HAMBURG
PIPING
On Sterling Notes:-
September
761/783
Pan-American Airways
13
76/76
1 off
Calouni.
Lumpur
Shanghai
HANKOW
(Peking)
Barber Asphalt Co.
.B7
Paramount Pictures
101
Cantot
London
Bank Buying Rate
Now.
Singapore
Friday's sales:-8,814,000 bushels...
Burnsdall on
Pennsylvania R.R.
221
Chefoo
Lyons
Sourabaya
Bar Silver per oz.
23 1/4
CHICAGO CORN
Jendix Aviation
344
Philadelphia Read, Coal
3/16
Colombo
Malacca
Sungei
May
July
were
Marker Repor
FROM ROZA BROS.
February 1. Silver prices
unchanged yesterday, the quotations remain- ing at 23.1/4 for both deliveries. Stiver advices reported the market as being steady but quiet. Ameri.. can Silver was quoted at 34.3/4.for Spot.
The London-New York cross- rate was quoted at 402.12 New York-London was quoted at 403.-
Total sales for the day-90 contracta. NEW YORK COCOA March
5.03 N May
5.10/10 NEW YORK SUGAR NO. 3. March May
611618 814/611
812/611
up
Jethlehem Steel
82
Phillips Petróleum.
387
Daireu
Manila
6116
614/61
61/611
unch,
Diss & Co.
17
Public Service of N.J.
28
Foochow Maar
Patani Swatow
September
61th -
611/813
Jueing Airplane Co.
161
Pullman Inc...................
243
Borg-Warner
171
NEW YORK HIDES March June
Pure Oll
72
Bankow
12,59/59 12.25/25
12.57/58 12.48/52
Briggs Mfg.
22
Harbin
.11 off
Radio' Corpni, of. Ám,
41
Iloilo
Budd M'facturing Cosp
12.17b/23a.12.15/15
10 off
41 Reading Company,
Com
Canadian Paciêc R'way
3+
71
Remington Arms Co., Inc.
Case, JI
49
Republic Aviation Corp.
4
Celanese
241
Republic Steel
187
5.03/03 5.11/12
5.10/10
07 up
Chesapeake & Ohio
411
Revere Corp.
91
- 5.17/17
.07 up
Chrysler Corpn.
Reynold Tobac, “B
331
་་
Columbia Gas & Elec.
41
Safeway Stores
397
2,01b/022.
Commercial Credit Co.
281
Schenley Distillers
10
"
1/2.
Quiet.
MARKET
2.06b/07a
Volume of business done:-9 lots NEW YORK SUGAR NO. 4: March May
2.06b/07a unch.
Com. & Southern (Ord)
Sears Roebuck
72
Consolidated Edison
22
Shell Union. Oli
103
various sizes to let.
Consolidated Of
51
Bocony-Vacunum Oil
82-
TRUSTEE
U. S. DOLLARS
July
London
STERLING
There were sellers at 1/3 Feb.-1
April, buyers at 1/3.1/32 Cash.
.73b;.73ja 72 b/.748 .784b/.772 76b Volume of business done:-33 lots, NEW YORK COPPER FUTURES March
Sellers at 23.7/8, buyers at 23.-Y. official silver...... 34-3/4 15/18 for Cash.
SHANGHAI DOLLARS
Opened with sellers at 441 for
Spot. Business was arranged at
Various rates. The market closed
NY-London Cross Rate 403-1/2
with sellers at 442.3/4, buyers at LONDON STOCK
443.
SHANGHAI MARKET
-Sterling opened with sellers at 3.25/64 and last advices indicated sellers at 3.3/8 for Spot US, Dol- lars opened with sellers for Spot" at 5.13/32 Last advices indicated
sellers at 53/8 for Spot.
EXCHANGE
(REUTER'S SERVICE)
London, Jan. 31.
The following quotations are the middle prices at the close of the
market in London. All quotations! are subject to confirmation and no
in transmission.
Shanghai Exchange responsibility is assumed for erfors
Shanghai, Feb. 1 (Reuter).
Official T.T. Rates
New York
Japan
India
Cinepina
11.40b/53a 11.42b/48a 11.33b/438 11.37b/43a
unquoted 4.03-1/2
H.K. STOCK EXCHANGE
There were enquiries for the heavier investment stocks but no transactions took place. Business recorded was Watsons at 11.10. Hotel at $3.55 and Dairy Farms
at $19.20.
BUYERS
H.K. Banks, $1410. Canton Ins, $210, Union Ins. 4/0.
A.K. Fire Ins., $165 Hotels, $3.50, Electrics "O" $40.25. Electrics "N" $39.75.
Telephones "O" $25.25. Ropes $8.80;
Dairy Farms, $19.20.
Watsons. $11.10.
Entertainments, $7.10.
Constructions "O" $1.80.
BELLERS
Lands 4% Debentures, $100..
lien. Electric
Libbey-Owens-Ford Lockheed Aircraft
Continental Can
37
.72/0/73 .75/b/70 a
.00 off
Southern Pacific
and EXECUTOR business undertaken.
Haiphons (Jubuis) Tientsin.
Tokyo
Mukden New York Tsingtao Peiping Yokohama
Ipoh Penang
CURRENT ACCOUNTS opened
FORK ON EXCHANGE and General Banking Business transacted.
CURRENT ACCOULTS opened and FIXED DEPOSITE received for One Year or shorter periods in Local or Other Currencies at rates which will be quoted on application. ....
SAVINGS Accomtra also opened in Local Currency and Sterling with interest allowed at rates obtainabla on application.
The Bank's Head Office in London
in Local Currency and FIXED DE- POSITS received for one year or shorter periods in Local and Other undertakes Executor and Trustee Currencies on terms which will be business, and claims recovery of British Income". Tax overpaid, on quoted on application.
SAFE DEPOSIT BOXES of terms, which may be ascertained at any of the Agencies and Branches.
R. A. CAMIDGE,
Manager.
Continental Ol
18
01 off
Southern Riy. $5 pfd.
212
Copperweld Steel
18
32*
Curtiss Wright (0.)
Curtiss Wright “A”
11.42b/640 11.37b/40
unch.
Deere & Co.
Distillers Corpn. Seagrams
Douglas Aircraft
Du Pont de Nemours
Eagle Picher Lead
Eaton Mfg. Co.
Elec. Autolite
Elec Bond & Share
Elec. Bond & Share $5 pt.
Elec Bond & Share $8 pf. Elec. Puwer de Light $7 pi Flotrote
Gen. American Trans.
Gen Motors
Gen. Railway Signal
Gen. Tire & Rubber
Glidden Co.
Goodrich (B.F.)
Goodrich $5 pf.
Goodyear Tire & Co.
Great Northern Iron Ore
Great Northern Rly, pid,
Great Western "Sugar
Greyhound Corpn.
Hercules Powder Co
Homestake Mining
Int Nickel
Inter. Paper & Power
Int. Tel. & Tel. Johnsman
Kerinecott Capper
Dairy Farms, $19.20.
Watsons, $11.10.
Wharves." $92,
LONDON. METALS
EXCHANGE
London, Jan. 31 (Reuter), Tin," Standard, Cash, Middle Price, 256-1/4.
Tin. Standard, 3 months, Middle Price, £257-7/8, ..
£
War Loan, 3% Red
after 1952)
0/3-5/16
-5-1/4
Defence Loan. 3% Janton-Koon Rly. S
103-5/16
101-1/4
13
22-1/4
Chinese 41% Gold Lan
18-3/4
1898 Brit. Issues ...
44
Parts
Hongkong
nominal 22
Chinese 5% Gold Bonds,
1925/41
42 to 47
Sterl
Chin: 41% Anglo-French
Seller
Loan, 1908.
-45
Spot
Feb.
Мат
Closing Opening 0/3-25/64 0/3-3/8 0/3-3/8 0,3-23/64 0/3-11/32 0/3-11/32
Chinese 5%. Crisp Loan
1912
26
Chinese 5% Reorg. Loan
1913 (Lan. Is.)
34
Star Ferries, $62.
U.S. Dollars
Chinese 84% Ster. Note:
SALES
Spot
$5-13/32
• $5-3/8"
1925 Vickers)
10
Feb.
5-3/8
Mar.
5-5/16
5-11/32 5-5/16
Hotels, $3.55.
Chin. Imperial Rly." 5%
Loan
47
nan Rly, 5%
16
Silver Duty Rate
Jukuang Rly S% 1911.
(L.P. N/Y. Issue? ....
15
.German Issue)
13
Ely. 5% 1913
ཙ
14
8'hai-N'King Rly. 5%... Tentsin-Pukow Rly. 5%
Brit. Stpd.) lientsin-Pukow Rly. 5%
German Stpd.) ".................. Tientsin-Pukow Rly. 5% -Brit. Stpd. Supl. -Loan) Tientsin-Pukow Rly. 5%
Ger, Btpd. Supi, Loan) 15 Jap. 6% Ster. Loan. 1824 214 Ger. 7% Intl. Loan. 1924 5-1/2 Chartered Bank
·8-3/4
10
15
15
15
K. & S'hal Bank (Lan Reg.
81
H.K. & Bhai Bank (Col.
"Pex)
Chinese Eng. & Mining
(bearer)
Ready
63-05
18/-
Feb. 21 Settlement
83-04
500
6.80 Chosen Corporation
41-
Mar. 25 Settlement
63-00
500
5.80 Mercantile Bank of In-
1000
5.80 dia, 25, "0"
11-1/8
.1000
5.80 Pekin Byndicate
pe
1/6
Bristol Aeroplane
10/11
1000
5.75 6hat Elec. Constr. Co. .. 15/-
Imperial Chemical Ind. 29/9
EX Docks (N.)
100
17.35 B'hai Waterworks "A"
-13-172
United Steel
22/9
HK Docks (0.)
300
HK. Tramways
400
HK Hotels
"500
AB: WatsonS
200
17.75 Union Insurance busine 20 18.45 Gula Kalumpong Rubber 15/7) 3.65 Lom Mid & Scot, Rly, " [14] - 11,10 Great Western. Rly.
Woolworths
55/6"
5500
The total value is $41,585.00.
33/10
Market:---Quiet,
The Central Bank of China's
rate on London at 10 a.m. "todayiukuang Rly. 59% 1917 was 1/2-1/26.
The Equalisation rate was 23-1/4 Lung Tsing & U Hal ver cent
Calent Exchange
Calcutta, Feb. 1 (Reuter). TT. on Japan, 81-1/4.
India Rupee Paper
Bombay, Feb. 1 (Reuters. Govt 31% Rhpee, 95-09-0.
HONGKONG
SHAREBROKERS'
ASSOCIATION Volume of Business Transacted on Saturday, Feb. 1, 1941, SALES China Providents
Fresh consumption buying. Mar-
ket quieter but good deliveries. against old contracts,
1040/41
DOW JONES AVERAGE
Eigh Low Dow Jones Averages 152.80 171.84 30 Industrials
32.67 22:15 20 - Raila 28.45 18.03, 20 92.19 83.06 40
64.07 48.47 11
Feb. 2, 1941. High Low Close 194.09 122.69 123.28 28.20 28,04 28.10
Change
.85 off
Jan. 31,
124.13
29.25
.16 DE
Utilities Bonda
19.65
19:70 19.53 19.56
,01 up
91.37
Commodity Index
65,92
91.07 55.70
.30 off .1% off
Business Done:-310,000 shares
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the HONGEONG & SHANGHAI BANKING COR PORATION. Rules may be obtain ed on application.
For the HONGKONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong 25th Feb., 1939.
15, QUEEN'S ROAD, CENTRAL
18, PINS STREET,
NEW YORK. An American Bank offering com- plete Foreign Banking Service in the principal Markets of the world.
Interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by NATIONAL BANE, THE CHASK NEW YORK, with Resources of
D. L. BALLANTYNE,
Manager,
A job?
WANT ADS
INDO-CHINA
Which STEAM NAVIGATION COMPANY LTD.
steadied. the undertone. After trading hours, sixty five tons were sold at between £255) to £258.
SILVER MARKET
BOMBAY SILVER
Bombay, Feb. 1 (Reuter). Market-Quiet Offtake 25 bars:
Indian Mint Silver
35
National Bank of India 31-1/2 B.-A. 1gb (bearer) 93/14 Dunlop Rubber
sararmari Investments .. 7/6"
Western Holdings Bub-Nigel
hell Trans.
(bearer)
*bid:
10/3 150/8
43/9
& Trad
-ex. dlv.
Operating Services for Cargo and Passengers
TO-
SWATOW, SHANGHAI," TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE PENANG and CALCUTTA
SANDAKAN
HALL HONG
All steamers berth alongside the Roosevelt Terminal in
the French Concealuri" at
Shanghai, where passengers and cargo are landedi
For further particulars
please apply to
JARDINE MATHESON&Co. TELEPHONE KOJI • GENERAL MANAGERS.
BANK OF EAST ASIA, LIMITED
Authorised Capital......$10,000,000.00 Paid-Up Capital ....... 5,598,600,00 Reserve and Undivided
Profits
Head Office:-HONG KONG" No. 10 Des Voeux Road, Central
..2,963,261.80
"
Board of Director.
Hox. Ste SHOUSON CHOW, Clairmon Li Koon Chun, Err. Li Lan Sant, Leg. P. K. Kvak Esq. Wong Chu Bon, Esq Wong Tun Tong, Esq. Fang Ping Wah Esq. Chan Ching Shok, Esq.
KAN TONG PO, Esq., Chief Manager Hox. M. LI TSE FONG, Manager
Branches and Agencies:
Padaar Kowloon
Kangoct
Saigon
singaporn Surabaya diwatow
Melbourne Bau Fran. Sydney
Pelping
destic Beinarily
Shanghai
o Tan Tanza
Топоостер
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Local Carrency and Fixed Deposits re-
year or
shorter
ceived for one periods in Local and Foreign Cur- rencies terms which will be
Од
quoted on application.
SAPK CEPOSIT Boxes To LET.
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK PAID-UP CAPITAL' $40,000,000.0
(BRANCHES ALL OVER ÜHIKA) . Owing to our numerous Branches in China and connections in the principal Commercial Centres of the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and Exchange.
Head Office:~~SHANGHAI Hong Kong Branch:
4, QUEEN'S ROAD, 0. South China Ofices:
: אOANTO
SWATOW
SHIUCHOW
KONGMOON TOISHAN
KINGCHOW
We also handle the îmus of Bondu and other Public Funds of the Chinees Government both at Home ind: Abroad:
SHOU J. CHEN,
Manager.
Spicer Manufacturing Co
B
Standard Brands
ef
201
Stand Gas & Elec.
1
20
Standard Ol of California
181
17*
Standard Oll of N.J.
33+
681
Stone Webster
7.
150
Studebaker Com.
7
**
Swift International
181*
33
9
Technicolor
281
Texas. Corpn.
371
3+
541*
Texes Gulf Sulphur
354"
Timken-Axle
299
631
301
Frans-America Co.
44
13
20th. Cent. Fox
61
f
52
Union Bag & Paper Corp.
116
THE CHASE BANK
327
Union Carbide & Carbon
63
801
43
Union Pacific
United Aircraft
371
134
United Airlines Trans
134
111
138
United Corpn.
11
HEAD OFFICE:
..
United Corpn.. $3
cum pt. 26%
.123
United Gas Corpo.
#
61*
United Gas Improvement
9+
17.
US, Industrual Alcohol.
24
131
US. Rubber.
191
251
US. Rubber $8 pfd,
87
201
60
US, Smelting
11
US. Steel
62..
68+
Vanadium
301
Amoy
Batavia
Loudon
Bombay
Manila
Calcato
! Haiphong">
Kaganka
Hankow
New York
Honolulu Koba
Paris
50
Valtee Aircraft
6
24
Walworth Co.
41
124
Warner Bros. Pict
3
21
561
Westinghouse Elec.
941
over U.S.$2,900,000,000.
32
Glass 353
Woodward Iron Cor. Chase National Bank National City Bank
291
231
: