NEW YORK, Feb, 1, 1941.
Prev. Today's
Bigb Low
Close Close
Change
On demand
On Singapore:-
430
New York Cotton, March New York Rubber, March Chicago Wheat, May Chicago Corn, May. New York Hides, March NEW YORK COTTON
10.43 10.34 19.78 19.75
10,39 10.35 .04 off
824 827 BIJ
B01 12.53 12.47
19.70N 19.77N 03 off
821813 611 612 12.59 12.48
11 of
.Close
Opening
Closing
On demand
"- On Japan:-
..... 52 3/4
March May
19.39/40
19.41/41
19,35/35
Change
,04 off
Alleghany Steel Co.
10.40/40
19.44/45
19.35/36
.05 off
Allis Chalmers
July....
10.27, N
19.33/33
10,27/27
unch.
Aluminium Ltd.
On demand
108 1/2
October
9.79/70
*+
9.64/84
6.78 N
.01 of
Amer. Can
On India:-
December
9.75/75
9.80/80
9.74/74
.01 off
American Cyanamid B
Telegraphic
Transfer.
and demand
82 1/2
January (1942)
9.72 N
9.75b/788
Spot
10.92
9.71. N 10.90
.01 off
Amer, & Foreign Power
.02 o
On Batavia-
On New York:-..
Bank Bills, on demand 23 9/16 Credlis, 60 days-sight 24 5/16
On demand
On Paris:
Bank Bills, on demand Nom.
Credits 4 months sight Nom. ··· | May
Amer Foreign $7 pi.
Total sales Friday:
43,500 bales.
Amer, Locomptive
The first notice day 14/3/41.
for March Cotton is 25/2/41 and last day is
Amer. Metals Co.
Amer. Radiator
Amer. Rolling M
NEW YORK RUBBER March
Amer. Sting and Ring Co.
1979 N
19.84 N
19.85 a 19.838
19.77 N
.02 off
Amer, Sugar Refining
-19.63b
01
off
Amer. Tel & Tel
On, Salgon:-
On demand
On Manila:-
On demand
On Bangkok:-
On demand
On Sterling Notes:-
Bar Silver per oz
102 1/4
July (New contract) September (
19.54/54
J
19.44 N.
19.50a 19.30b/40a
19.58b
.04 up
Amer. Tobacco “B"
19.40b
04 of
Amer, Waterworks
Total sales:-20 tons.
Anaconda Copper
Archison, T. & 8 Fe.
47 1/8
CHICAGO WHEAT
Aviation Corp.
149 1/2 May
821/821
July
761/78
821/821 →761/78
Bank Buying Rate ... Nom.
Market Report -
September
761/781
811 813 751/751 76/76
₺ off
Baldwin Lecometive
i off
Baltimore & Ohio
off
Barber Asphalt Co.
23 1/4
Friday's sales:-8,814,000 bushels.
Barnsdall 011
Bendix Aviation
MHICAGO.CORN
Bethlehem Steel
May....
611/618 611/811
611/611
Bliss & Co.
up
FROM ROZA BROS.
Monday, Feb. 3. Silver prices
were unchanged NEW YORK HIDES over the week-end, the quotations March remaining at 23.1/4 for both de- June
veries, American Silver was un
July
6146
611/611
September
61tb
614/61 81/811
unch
Boeing Airplane Co.
Borg-Warner
Briggs Mig.
7
Budd M'facturing Corp.
13.58/59 12.25/25
12.57/58
12.48/52 12.17b/23a 12.15/15
.11 off
Canadian Pacific R'way
.10 off
Case, JI.......
..
May
quoted.
Total sales for the day-90 contracts.
The London/New York cross- NEW YORK COCOA rate was quoted at 4021/2. New March
York/London was quoted at 403.
Celanese
Chesapeake & Ohio
Chrysler Corpn.
5.03 N 5.10/10
Colfimbia Gas & Mec.
5:03/03 5.11/12
1/2.
MARKET
Quiet.
STERLING
!་
5.10/10 5.17/17
07' up
Commercial Credit Co.
.07 up
Com, & Southern (Ord.)
NEW YORK SUGAR NO. 3: March May
Consolidated Edison
Consolidated O
དཱི*r*****པྟཱཿཧཱུྃa******
2.06b/07a
2,01b/02a 2,066/07a
Continental Can
unch.
Cash
442.
with
Chinese 41% Gold Wan
1898 Brit. Issue)
Chinese 5% Crisp Loan.
1912
Chinese 5% Reorg, Loan.
1913 (Lan. Is.)
'hinese 8% Ster. Notes,
1925" (Vickers)
Chin, Imperial Rly. 5%
Loan
Ionan Rly 5%
Hukuang Rly 5%. 1911...
+LP. N/Y Lasue)
Aukuang, Riy, 5%, 1911
German Issue)
Lung Tsing & U Hai
Rly. 6% 1913
8'hai-N'King Rly. 6%
Japan
London
New York.
India
Parls ..... Hongkong
Opening 0/3-5/16 5-174
Tientsin-Pukow Rly. 5%
(Brit. Stpd)
There were sellers at 1/3 Feb-... ruary/Apri. buyers at 1/3.1/32
U. S. DOLLARS
Was
Volume of business done:-- lots NEW YORK SUGAR NO. 4: March
arranged May
Some business early in the morning at 23.15/16 for. Cash and 23.748 March and February. The market closed at I p.m. with sellers at 23.13/16 for Cash, buyers at 23.7/8 February, probably Cash.
SHANGHAI DOLLARS. Opened with sellers at Business was arranged at various i
11.42b/64a 11.4fb/53a 11.42b/46a 11.37b/40a 11.33b743a 11.37b/43a
NY. Official Silver ... 34-374 July
NY-London Cross Rate 4.03-1/2
rates and closed at 1 p.m. with LONDON STOCK
sellers at 446, buyers at 448.1/2 for Spot.
SHANGHAI MARKET Sterling opened with sellers at 3.3/8 for Spot. Subsequently the rate receded as low as 3.21/04..
The
market
EXCHANGE
(REUTER'S SERVICE)
London, Jan. 31. The following quotations are the
closed 3 shade middle prices at the close of the steadler with sellers at 3.11/32 market in London. All quotations for Spot. U. S. Dollars opened are subject to confirmation and no with sellers at 5.3/8 for Spot responsibility is assumed for errors Subsequently the market eased off in transmission.
and the lowest rate touched was
5.9/32
for Spot. Closed sellers at 5.5/16 for Spot.
War Loan. 34% (Red,
after 1952) AFTERNOON. MARKET
Defence Loan, 3%....... The market was quiet in the Canton-Kloon Rly. 3% afternoon.
STERLING
The market closed with sellers at 1/3 February/April, buyers at 1/3.1/32 for Cash.
U. S. VOLLÄRS
Sellers at 23.13/18 for Cash buyers at 23.15/16. for Cash
SHANGHAI DOLLARS Opened sellers at 446. Business was arranged at various rates. Closed with sellers at 445.1/2.
SHANGHAI' MARKET
Sterling at 311/32 and V. S. Dollars at 55/16, both sellers for Spot.
14
Shanghai Exchange
Shanghai, Feb. 3 (Reuter).
Official T.T. Rates
Chinese 5% Gold Bonds,
1925/4T
Chin. 44% Anglo-French
Loan, 1908
H.K. STOCK EXCHANGE
!!
The market was generally quiet with an easier tone.
BUYERS Banks of East Asia, $76.. Canton Ins., $210. Union Ins., $410. HK. Fire Ins., $165. Lights (0), $6.15. Electrics (0), $40,25, Electrics (N), $39,75. Ropes, $3.20.
Entertainments, $7.
SELLERS
Providents, $5.85.
Hotels, $3.80.
Continental Oil
· Copperweld' Steel
Curtiss Wright (C.)
724b/.748 .76b Volume of business done:-33 lots, NEW YORK "COPPER FUTURES March
73b7348-
Curtias Wright "A"
1
.721b/.73 .75jb/761a
001 off .01 off
Deere & Co.
Distillers Corpn. SeagramE
Douglas Aircraft
Du Pont de Nemours
Eagle Picher Lead
unch.
unquoted 4.03-1/2
Eaton Mfg. Co.
Elec. Autolite ....
Elec. Bond & Share.....
Elec. Bond & Share $5 pf.
Elec Brnd & Share $6 pf.
Elec. Power & Light $7 pf. Flintkote
Gen. American Trans.
Gen. Electric
Gen Motors
Gen. Rallway Signal
Gen. Tire & Rubber
Glidden Co,
Goodrich (B.F.)
Goodrich $5" pf.
Goodyear Tire & Co.
Great Northern Iron Ore
Great Northern Rly, pfd.
Great Western Sugar
3
Greyhound Corpn.
Hercules Powder Co,
*103-5/10
Homestake Mining
101-1/4 -13
Int Nickel
Inter. Paper & Power
Int. Tel, & Tel.
44
Johnsman
Kennecott Copper
42 to 47
Lands, 4% Debentures, $100:
Libbey-Owens-Ford
Trams, $18.40.
Lockheed Aircraft
45
Star Ferries, $62,
Lights (0), $3.30.
26
Electrics, $41.
Ropes, $9.25.
34
SALES
10
HK. Banks, $1405.
Docks (N), $17.
47
Lands, $34.35.
16
Electrics (0), $40.75.
1940/41 Eigh Low Dow Jones Averages 152.80 111.84 30 Industrials
3287 22.16 20 Rails? 28.45 19.03 20 Utilities. 92.19 83 08 40 Boods 04.07 48.47 11 Commodity Index
Ropes, $9.25.
15
13
HONGKONG
14
16
15
Tientsin-Pukow Rly. 5%
22-1/4
18-3/4
nominal
(German" Stpd.) Tientsin-Pakow Rly, 5%.
(Brit. Stpd. Supt. Loan) 15 Tientsin-Pukow Rly 5%
15
TO-
Spot
Feb.
Mar.
Spot
Feb.
Mar.
Sterhag
Sellers
Opening Closing 10/3-3/8 0/3-23/84 0/3-23/64 0/3-11/32 0/3-11/32.0/3-21/64 06. Dollars
(Ger. Stpd. Supl, Loan)' 15 Jap. 6% Eter, Loan, 1924 214 Jer. 7% Intl Loan, 1924. 5-1/2 Chartered Bank
8-3/4
SHAREBROKERS”
on. Mr. S. H. Dodwell,
Miskin, Esq.,
E. S. Morrison, Esq.,
Hon. Mr. T. E. Pearce,
Hon. Mr. A. L Shield, Sir Vandeleur M. Grayburn,
38, Bishopsgate E.C.2. Sub-Agencles In London: 117/122, Leadenhall Street, B.C
West End Branch: 14/16, Cockspur Street, S.W
Manchester Branch: 58, Mosley Street, Manchester, 1
AGENCIES AND BRANCHES
ALOE STAR AMRITSAR
DALOUTTA
AGENCIES: OLIVE STREET FAIRLIN PLACE
Chief Manager. CANTON
Branches:
Johore Rangoon
Saigon
Patani Swatow Haiphong (Johors) Tientsin
Mukden
New York Teingtao Peiping Yokobams Penang
CURRENT ACCOUNTS opened
in Local Currency and FIXED DE-
CAWNPOHI CEBD COLOMBO DELHI
HAIPHONG
HONG KONG PENANG
BANGOON
KUALA
NEW YORK PRIPING
(Peking)
TONGKAN
(Bhuket)
TBINOTS YOKOHAMA°
FORK.GN EXCHANGE and General Banking Business transsoted.
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for Oas Year or aborter periods in Local or Other Currencies" at rates which will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with on application. interest allowed at rates obtainabl
POSITS received for one year or The Bank's Head Office in London shorter periods in Local and Other undertakes Executor and Trusted... Currencies on terms which will be business, and claims recovery of
British Income Tax overpaid, on BOXES of terms which may be ascertained at any of the Agencies and Branches,
R. A. CAMIDGE,
Manager.
EXECUTOR
HONGKONG SAVINGS
BANK
The Business of the shore Bank is conducted by the EONGKONG
SHANGHAI BANKING COR PORATION. Rules may be obtain ed on application.
For the HONGKONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. I Hong Kong. 25th Feb., 1839.
13, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PINE STREET,
NEW YORK. American Bank offering com plete Foreign Banking Service in the principal Markets of the world.
SAFE DEPOSIT BOXES
This Bank is entirely owned by THE CHASE NATIONAL BANK, NEW YORK, with Resources of over U.S.$9,000,000,000,
D. L. BALLANTYNE,
A Job
Manager,
WANT MADS
INDO-CHINA
BANK OF EAST ASIA, LIMITED
5,598,600.00
Authorised Capital......10,000,000:00 Paid-Up Capital Reserve and Undivided
Profits
..2,083,961.50-
Head Office:-HONG KONG No 10 Des Voeux Road, Central
Board of Director.
Wong Chu Son, Esq
Fung Ping Wah Esq.
HON. SIR SHOUзON CHоw, Chairman Li Koon Chan, Esq. Li Lan Sang, Esq. P. K. Kwok, Esq. Wong Tan Tong, Esq. Chan Ching Shuk, Esq. KAN TONG. Po, Esq, Chief Manuger HON. MR. LI THE FONG, Manager-
Branches and Agencies:
Kowloon Loudon
Mazin Milbourne Nagnaka
Pesana
Hangoon
Rakron
Yingapore Bourabaya
Bwałow
San Fran. Sydny
claco Tinala
Vancouver
New York Seattle, Paris
Pelping
Semasing Shanyti
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
Current Accounts epened in Locsi Currency and Fixed Deposits re ceived for
one year or shorter periods in Local sad Foreign Cur rencies on terms which will be quoted on application.
SAFE 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:
ASSOCIATION TEAM. NAVIGATION COMPANY LTD PAD-UP CAPITAL $40,000,000.00
Volume of Business Transacted
on Monday, Feb. 3, 1941. SALES H.K. Electrics (N)
50 $40.25 The total value is $2,012.50.
HK. & Shai Bank (Ldn
Reg.)
81
K. & Shal Bank (Col. Eeg>
Lon., Mid, & Scot., Rly. 148 Great Western Rly. 352 National Bank of India 31-1/2 B.-A, Tob. (bearer)
93/11
85
$5-3/8 $5-11/32 5-11/32 5-5/10
Chinese Eng. & Mining
(bearer) ti
18/-
55/16
5-9/32
Chosen Corporation
4/-
Inited steel
Mercantile Bank of In-
Woolworths
Silver, Duty Rate.
dia, £6, “Gi
11-1/8
Mararoan Investments
kin Syndicate
that Elec. Constr. Co.
hat Waterworks "A" ...
1/6 15/- 13-1/2
Western Holdings
Sub-Nigel
20
Tula Kalumpong Rubber 15/71
Dunlop Rubber ......... Bristol Aeroplane .................. Imperial Chemical Ind. 29/8 22/9 55/8. 7/8 10/3... 150/6
49/9 -Rx, diy
33/101
10/11
•
Market:Quiet
The Central Bank of China's!
ate on Londot at 10 am, today as:1/2-1/24.
The Equalisation rate was 23-1/4 Onion Insurance
er cent
Shell Trans, & Trad
(Dearer)
bdd.
Operating Services for Cargo and Passengers
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
BANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal in the French Concassion at
Shanghai, where passengers and cargo are landed.
For further particulars
please apply to
JARDINE MATHESON&Co.,LTD. TELEPHONEƉZOZII • GENERAL MANAGERS &
(BRANCHES ALL OVER CRINA) Owing to our numerous Branches in China and connections in the principal Commercial Centres of the World, we are able to extend o our Clients special facilities for Domestic and Foreign Banking ant' Exchange.
Head Office:---BHANGHAI Hong Kong Branch:
4, QUEEN'S ROAD, C. South China Officra:
CANTON
SWATOW SHIUCHOW
KONGMOON TOISHAN KINGCHOW
We also handle the issue of Bondi and other Public Funds of the Chinese Government both at Home-
nd Abroad.
SHOU CHEN-
Manager.
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS FEBRUARY 3, 1941.
Do London:
Telegraphic Transfer. 1/3 7/5 Bank Bills, on demand 1/2 7/8 Credits 4 months' sight
On Shanghal
NEW YORK COMMODITY MARKET (REUTER'S SERVICE)
1 of
up
NEW YORK STOCK EXCHANGE
STOCKS
Adams Express .....
QUOTATION (REUTER'S SERVICE)
FEBRUARY 2 1941.
TUESDAY, FEBRUARY 4, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital... $50,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up #20,000,000 Incorporated by Royal Charter, 1838
Reserve Funds:
Paid-Up Capital £8,500,000 Reserve Fund
#
Sterling
Reserve Liability of
Proprietors...
..$20,000,000
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro-
prietors...
..£3,000,000 ..£3,000,000
..£3,000,000
Last Sale
STOCKS
Last Bale
HEAD OFFICE: LONDON:
Feb. 1
Feb. 1.
Head Office:-HONG KONG
6
Loew's Inc.
31
20%
Loft Incorperated
16
32
Mack Truck Inc.
277
70+
Martin, Glen L.....
271
87
J!
McKesson & Robbins, píd.
25
Board of Directors: lion. Mr. 3. J. Paterson,
W. H. Lock, Esq.;
321 1
Montgomery Ward
36
Chairman.
Deputy Chairman.
Mtain City Copper Co.
3
164
National Aviation
91
134
Nat, Dairy Products
131
J. K. Bousfeld, Esq.. A. H, Compton, Eaq., L. J. Davies, Esq.,
17*
National Distillers
21..
64
National Lead
161
BANGKOK
131
BATAVIA
Nat Power & Light
B+
391
BOMBAT
National Supply Corp.
51
14
New York Central
121+
163
Niagara Hudson Power
21
711
N. American Aviation .......
15
61
North American Co.
154
232
Northern Pacific
211"
Owens-Illinois Glass Co.
481
Amoy
41
Pacific Gas & Elec
27
Bangkok
Kobe
ILOILO
IPOE KARACHI
BAIGON
BEREMBAN
SHANGHA
KLANG
SINGAPOR
BLOBR
BITIAWAN
BOURADAYI
LUMIDE
TAIPING
KUCHING
TIENTHIN
MADRAS
MANILA
MEDAN
15+
!
Packard Motors
3
Batavia
Kowlcon
San
31"
Pan-American Airways
13
Bombay
Kuala
Francisco HAMBURG
81
Calcutta
Paramount Pictures
Lumpur
108
Shangbai BANKOW
81
Canton
London
Singapore
Pennsylvania RR
221
Chefoo
344
Lyons
Sourabaya
Philadelphia. Read Coal
3/16
Colombo
Malacca
82
Sungei
Phillips Petroleum
362.
Dairen
Manila
17
Public Service of N.J.
28
Foochow "Muar
161
Pullman Inc......
243
171
Pure Oll
78
Bankow
Tokyo
22
Radio Corpn. of Am.
43
Harbin
4
Reading Company,
Com
131*
iloilo
龉
Remington Arms Co., Inc.
51.
Ipoh
49
Republic Aviation Corp.
241
Republic Steel
181
414
Revere Corp.
睡
64
Reynold Tobac, "B"
331
41
Safeway Stores
394
281
1
Schenley Distillers
10
qucted on application.
Sears Roebuck
72
SAFE DEPOSIT
22
Shell Union Oil
.108
various sizes to let
51
378
Socony-Vacurium Oil
82
TRUSTEE and
Southern Pacifie
8}
business undertaken.
18
16
Southern Rly $5 pfd.
217
81
Spicer Manufacturing Co.
327
281
Standard Brands
61
Stand Gas & Elec.
1
20
17.
Standard Off of California
183
687
Standard Oll of NJ.
331
150
Stone & Webster
7
01
Studebaker Com
7
337
Swift International Technicolor
18}*
9
284
3)Texas Corpn.
371
543*
Texes Gulf Sulphur Timken-Axle
354*
293
63
30
Trans-America Co.
4+
20th Cent, Fox.
61
13
52.
Union Bag & Paper Corp.
·111
THE CHASE BANK
327
Union Carbide & Carbon
63
43
Union Pacific
801
13
United Aircraft
37
111
United Airlines Trans
131
134
United Coron ·
11
United Corpn. $3 cum pf.
261
124
United Gas Corpn.
61*
An
17
United Gas Improvement
US., Industrual Alcohol,
24
131
U.S. Rubber
191
25}
201
US. Rubber $8 pfd.
87
Interest Rates ap Application.
11
U.S. Smelting
60
UB. Steel
62
681
Vanadium.
301
50
'Amoy
Batavia
Lambay
Calestia
Hai phoni
Hankow
Honolulu
KOLO
Vultce Aircraft
24
Walworth Co
.....4
122
21.
Warner Bros. Pict.
3
Westinghouse Elec.
581
Woodward Iron Cor.
941 291
32
Glass
351
237
Chase National Bank National City Bank
DOW JONES AVERAGE
Jan. 31, 124.13
Feb. 2, 1941. High Low Close 124,02 129.99 123.29
Change
.85 off
29.25 19.55"
28.26 28.04 28.10
.16" off
19.70 19.58.19.68
.01 up
01:47 55.82
91.07 55.70
.30 of
12 of
Business Done: 310,000 shares
الله