(REUTER'S SERVICE)
NEW YORK, Feb. 3, 1941.
Prev. Today's.
High Low
10.38 10.33 19.80 19.75
81 821 611 614 13.54
613
Close Close Change
10.35 10,36 .01 up 19.77N 19.30 .03 up 811 81 B off
011
of.
12.43
12.48 12.58N 10 up
STOCKS
Close
Opening
Closing
Change
430
10.35/35
10.38/38
10.38/36
01 up
Adams Express
52 3/4
May
10,35/38
.10.38/38
10.35,36
unch.
Alleghany Steel Co.
July
10.27/27
10.31/31
10.24/25
.03 "ont
Allis Chalmers
102 1/2
October
9.78 N
0.81/81
9.77 N
..01 off
Zuminium Ltd.
December
9.74/74
Transter.
January 1942)
9.71 N 10.00
9.76b/78a 9.72b/75a
9.73/73
.01 off
Amer. Can..........
9.70 N
10.91
01 of
America Cyanámid B.
01
up
Amer. Foreign Power ...
Total sales Saturday:-66,500 bales.
Amer & Foreign $7 pf.
Amer. Locomotive
The rat notice day for March, Cotton is 25/2/41 and last day is 14/3/41
Amer. Metals. Co.
ner. Radiator
Amer, Rolling Mill
19.77 N
19.83 B
"19.75b/90a
19.68,68
19.58 B
}
19.40 B
10.580 19.50%
19.80/80 19.63b 70 19.55/57 19.48 N
.03 up
Amer. S'ting and R'ing Co. 394
unch
Amer, Sugar Refining
03 off
Amer. Tel, Tel
,08 up
Auer, Tobacco "B"
On Balgon:~~
On demand
On Manila:-
Amer. Waterworks
102 1/*
I
Anaconda Copper
47 1/8
May July
143 1/2 September
Now.
CHICAGO CORN
23 6/15
May
July
September
NEW YORK HIDES
March
June
tations being 23.5/16 for
no
at 34.3/4 for May
Spot.
July
for any delivery.
Seller, at
U. S. DOLLARS
23.13/16" for
Cash..
1/4
Upened with
446.3/4 nuki
Closed with
SHÄNGHAI MARKET
open-
"
14
alter 1952) Defence Loan, 3%
Canton-K'loon Rly 5% Chinese 41% Gold Lan
1898 (Brit. Issue
1925/47
On demand
On Bangkok:-
On demand
On Sterling. Notes:---
Bank Buying Rate
Bar Sliver per oz.
Market Repon
FROM ROZA BROS.
Total sales for the day-115 contracts.
Tuesday, Feb. 4. Silver prices rose 1/16 yester-
NEW YORK COCOA quo- day for both deliveries, the
both March
Ready and Forward. Silver ad- Maz
vices reported a quiet market with NEW YORK SUGAR NO. 3:
done. American March . business Silver was quoted
Volume of business done:-91 lots The London/New York croSS NEW YORK SUGAR NO. 4: rate was quoted at 402.1/2. New March York/London was quoted at 403-May 1/2.
Quiet.
MARKET
STERLING
There were sellers at 1/3 Feb- at 1/3.1/32 ruary/April, buyers
buyers at 23.15/16 for Cash..
SHANGHAI DOLLARS
sellers at 445.
Business was arranged at 446, 148.
sellers at 446.1/2.
Volume of business done:-273 lots,
NEW YORK COPPER FUTURES March
NY, Official Süver ·. NY-London Cross Rate 4.03-1/2
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
SILVER MARKET
LONDON SILVER
London, Feb. 3 (Reuter). Silver-Market quiet. Business small. In the afternoon, the mar- ket was very quiet with no bust-
London, Feb. 3. The following quotations are theness. middle prices at the close of the market in London. All quotations rate are subject to confirmation and no
Sterling opened with sellers at
Subsequently the
8.1L, 32.
rose to 3.23/64. Last advices re responsibility & assumed for errors ported sellers at 3.11/32 for Spot.in transmission.
U.S. Dollars sellers at the
ing at 5.5/16. Later the market War. Loan, 34% (Red steadied and there were sellers at Last advices re- 5.11/32 for Spot. ported sellers at 55/10 for Spot.
AFTERNOON MARKET
The market was quiet in the Chinese 5% Gold Bonds,
afternoon
Spot: 23-5/16d. Forward, 23-5/18d
BOMBAY SILVER
Bombay, Feb. 3 (Reuter). Market-Quiet but steady," Of. take 25 bars.
81/813 758/75%. 75/751 76:76
613/813
811/811
of
Atchison, T. & S. Fe.
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS FEBRUARY 4, 1941.
On London:--
Telegraphic Transfer. 1/2 7/3 Bank Bills, on demand 1/2 7/8 Credits 4 months' sight
On Shanghai: --
On demand
41
On Singapore:-
On demand
On Japan:-
On demand
On India:-
Telegraphic
ana demand
On New York:-
NEW YORK COMMODITY MARKET
New York Cotton, March New York Rubber. March Chicago Wheat, May Chicago Corn, May New York Hides; March NEW YORK COTTON March
82 1/2 Spot
Bank Bills, on demand 23 9/18 Credlis, 80 days aight 245/18
On demand
Bank, Bills, on demand Nom. Credits 4 months' sight Nom.
NEW YORK RUBBER March
July New contract) September (
Total sales:-110 tons. CHICAGO WHEAT
On Batavia :---
On Paris:-
..... 44 1/8
May
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
FEBRUARY 4, 1941)
WEDNESDAY, FEBRUARY 5, 1941.
BANKS
HONGKONG & SHANGHAI | THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital 50,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up $90,000,000 Incorporated by Royal Charter, 185
"Reserve Funds:
Paid-Up Capital ......£3,000,000 Sterling
£6,500,000 Reserve Fund H.K. Currency Reserve $10,000,000 Reserve Liability of Pro- Reserve Liability of.
priętors ...... Proprietors
Chairman.
£3,000,000
.£3,000,000
HEAD OFFICE: LONDON:
38, Bishopsgate E.0.9. Sub-Agencles" In, London: 117/122, Leadenhall Street, E.C.a West End Branch; 14/16, Cockspyr Street, 8.W L Manchester Branch:
62, Moaley Street, Manchester, L
AGENCIES AND BRANCHES -
HONG KONG PINANG
ALOE STAR
AMRITSAR
BANGKOK
BATAVIA
G. Miskin, Esc.,
K. S. Morrison, Esq.,
Hon. Mr. T. E. Pearce,
BOMBAY
SALOUTTA
AGENDIRO:
ILOILO
ПРОН
KABAOEI
KLANG
КОВЕ
BANGOON
BALGON
GEREMBAN
→ SHANGHAI
SINGAPORA
BITIAWAN
...$20,000,000
Last Sale
STOCKS
Last Sale
Feb. 3
Feb. 3
Head Office:-HONG KONG
6
Loew's Inc.
32
201
| Loft_Incorperated
15
321
Mack Truck me,
28
Board of Directors: Hon. Mr. J. J. Paterson,
70*
Martin, Glen L
26)
871
McKesson & Robbins, pfd.
25
W. H. Lock, Esq.,
331
Montgomery Ward
353
Deputy Chairman.
M'tain City Copper. Co.
27
J. K. Bousfield, Esq.,
16
National Aviation
9
13
Nat. Dairy Products
134
A. H. Compton, Esq., L. J. Davies, Esq.,
171
National Distillers
211
Hon. Mr. S. H. Dodwell,
National Lead
161
138
Nat, Power & Light
61
National Supply Corp.
51
14
New York Central ....
12
161
Niagara Hudson Power ...
21
Boo Mr. A. I Shields, Sir Vandeleur M. Grayburn,
711
N. American Aviation
144
OLIVE STAKET KUALA
FAIRLIK PLACE Chief Manager.
F
North American Co.
151
CANTON
CAWNPORS
SOU RABATA
LUKTUR
KUCHING
TAIPING TIENTSIN
24
Branches:
MADELE
Northern Partic
61
211
Owens-linols Glass Co.
46
Amoy
751/753
oft
Aviation Corp.
44
Pacific Gas & Elec
27+
Bungkuk
Johore Kobe
753/75
8 off
Baldwin Lecometive
151
Batavia
Κοπίρου
Rangoon Saigon San
CEBU COLOMBO
MANILA
Packard Motors
3
Saturday's sales:-14,521,000 bushels.
Baltimore & Oblo
31
Bombay
Kusla
Pan-American Airways
131
Barber Asphalt Co.
81
Calcutta
Lumpur
Shanghai
Francisco HAMBURG
HANKOW
Paramount Pictures
30%
Canton
London
Burnsdall Oil
81
Singapore
611/811
611/61
611/61
A off
Pennsylvania R.R.
231
Chefoo
Lyons
Sourabaya
sendix Aviation
341
€11611..
61/619
611/814
unch.
Philadelphia Read. Coal
5/32
Colomba
Malacca
Sungei
Bethlehem Steel
817
614/614
614/614
Phillips Petroleum
..361
Blas & Co.
163
Public Service of N.J.
28
Dairen Foochow
Manila
Muar
Swator
Boeing. Airplane Co.
16
Pullman Inc...
24k
Haiphoog
12.48 52
12.44/45
12.15/15
12,08/12
12.58 N 1224/25
.10
22
up
Burg-Warner ****
16年
Bankow
Fure Oll
71
.09 up
Briggs Mig.
211
Harbin
Radio Corpa, of Am
49
Iloilo
Budd M'facturing Corp.
*
Reading Company,
Com
134
Canadian Paciic R'way ...
31
Ipoh
Remington Arms Co., Inc.
31
5.10/10 5.17/17
5.12/12- 5.19/19
5.08 N
.02 off
Case, JI
48
Republic Aviation Corp.
4
6.16 N
01 of
Celanese
243
Republic Steel
187
Chesapeake & Ohio
404
Revere Corp.
91
2.01b/02a 2.00b/07
2.00b/012 2,05b/06a
01 of
Chrysler Corpn..
64
Reynold Tobac. "B"
324
01 of
Columbia Gas & Elec.
4
Commercial Credit Co. ...
281
་་
Safeway Stores
*39,
Schenley Distillers
92
quoted on application.
Com, & Southern (Ord.)....
Sears Roebuck
711
SAFE DEPOSIT
BOXES
Consolidated Edison
22
.721b/.73 .72b/.73a, 75jb/.70ja 75b/.76%
.694/.70
721b/.732
.03
283
Shell Union Of
.10*
various sizes to let.
Off
Consolidated Off
51
Socony-Vacunum. Ou
81
.03 off
Continental Can
Continental Of
387.
Southern Pacific
81
and TRUSTEE business undertaken.
EXECUTOR
Patani
(Johore) Tientsin Mukden Tokyo New York Tsingtao Peiping Yokohama Penang
CURRENT ACCOUNTS opened
NEW YORK PRIPING
(Peking)
YOKOHAMA
FOREIGN EXCHANGE and. General Banking Business trausaeced.
CURRENT ACCOUNTS opened and FIXED DEPogi78 received for One Year or shorter periods in Local on Other Currencies at
rater whichi will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at raten obtainable
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 of terms which may be ascertained at
any of the Agencies and Branches.
R, À, CAMIDGE,
Manager.
DELE) DAIPHONG,
MEDAK
TONAKAW
(Bhuket)
TINGTAL
18..
Bouthern Rly $5 ptd.
214
Copperweld Steel
16"
Spicer Manufacturing Co 321
11.42b/46a 11.40b/50a 11.37b/43a 11.37/37 unqucted
11,40b/46a
.02 off
Curtiss Wright (C)
8
Standard Brands
61
11.32b, 36a
.05. off
Curtiss Wright "A"
261
BANK
Stand Gas & Elec,
1
34-3/4
Deere & Co.
20.
Standard Oll of California
187
4.03-1/2
Distillers Corpn. Seagrams
183
Standard Oil of NJ.
337
Douglas Aircraft
68)
Stone & Webster
7
Du Pont de Nemours ......
149
Studebaker Com
7
Eagle Picker Lead
93
Swift International
174
Baton Mfg. Co. "...
32
Technicolor
9
Elec. Autolite
281
Texas. Corpn.
37
Elec, Bond & Share
31
Texes Gulf Sulphur
35+
Elec. Bond & Share $5 p1.
*542
Timken-Axie
291
Elec Bord & Share $8 pf. Elec. Power & Light $7 pt. Fintkote
63!
Trans-America .Co.
41
30
20th Cent: Fox.
13*
Union Bag & Paper Corp.
10%
THE CHASE BANK
Gen. American Trans.
52
Union Carbide & Carbon
63+
Gen. Electric
327
Union Pacific
796
15, QUEEN'S ROAD, CENTRAL
Gen Motors
424
United Aircraft
361
Gen. Raliway Signal
134
United Airlines Trans
13
Gen. Tire & Rubber
11
United Corpn,
Glidden Co.
Goodrich (B.F.)
134
United Corpn. $3 cum pt. 28
124
United Gas Corpn.
1031
Indian Mint Silver.
Goodrich $5 pt.
80"
United Gas Improvement
9
101-1/4
13
Ready Feb. 21 Settlement Mar. 25 Settlement
63-03
Goodyear Tire & Co,
17
U.S., Industrual Alcohol.
231
63-01
Great Northern Iron Ore
131
U.S. Rubber
192
62-14
Great Northern Rly, pid,
251
US. Eubber $8 pfd.
86-1
Interest Rates on Application.
44
Great Western Sugar
204
U.S. Smelting
58*
42 to 47
/
וי
STERLING There were sellers at 1/3 ruary April. buyers ar for Cash
Feb- 1/3.1/32
Chin, 44% Anglo-French
Loan, 1908 Chinese 5% Crisp Loan.
1912 Chinese 5% Reorg, Loan
1913 Lan. Is,)
45
· 26 ·
34
Price, £253-1/8
Chinese 8% Ster. Notes,
1925 (Vickers)
Market steady.
10
LONDON METALS
EXCHANGE
London, Feb. 3 (Reuter). Tin Standard, Cash Middle Prcle, £258-3/4.
Tin, Standard 3 montiis, Middie
Inter. Paper & Power Int. Tel. Tel. Johnsman
Kenrecott Copper Libbey-Owens-Ford Lockheed Aircraft
Greyhound Corpn.
111
U.S. 'Steel
.614
SAFE DEPOSIT BOXES
Hércules Powder Co
681*
Vanadium
291
Homestake Mining
494
Vultee Aircraft
63
Int Nickel
234
Walworth Co.
47
12
Warner Bros. Pict
3
21"
Westinghouse Elec.
924
Chin. Imperial Rly. 5%
Loan
17
Honan Rly 5%
18
United Steel
22/9
Hukuang Rly 5%, 1911..
(L.P. N/Y Issue)
Woolworths .......
54/3+
1940/41
15
Maraman Investments
7/6-
ri
Sukuang Rly. 5%. 1911
Western Holdings.
Dollars
for
(German Issue} Lung Taing & U Hal
Rly. 5% 1913 Sha-N'King Rly. 6%... Tientsin-Pukow Rly. 5%
(Brit, Stpd.) Tientsin-Fukow Rly. 5%
13
Sub-Nigel
10/3 150/8
Shell
14
16
"rans
(bearer) *_-bid
**
Trad.
44/44
Low Dow Jones, Averages Fligh 162.80 111.84 30 Industriala
Rails 32.07 22.15 20
Utilities 28.46 18.03.20 92.19 83.06 40 64.07 48.47 11
'-ex, div.'
.15
(German 8tpd.) ..............
15
U.S. DOLLARS There were sellers at 23.13/18 Cash, buyers at 23.15/16 for Cash. SHANGHAI DOLLARS
Sellers were quoted at the open- ing at 446.1/2. Closed with sellers
at 450 for Spot
SHANGHAI MARKET Easter in the afternoon. Open-
ed with sellers of Sterling at 3.11/ 32 and closed with sellers at 3.21/64 for Spot. U.S. opened with sellers at 5.5/16 and closed with sellers at 5.9/32 Spot./
Shanghai Exchange
Shanghai, Feb. 4 (Reuter).
Sterling
Sellers
Opening Closing Spot0/3-11/32 0/3-21/64 6/3-11/32 0/3-21/84 073-5/10 0/3-19/04 U.S. Dollars
$5.5/10 $5-5/16
5-518 5-9/32. 5-9/32 5-1/4
Feb.
Mar
Spot
Feb.
Mar.
Market:--Qulet,
Calcutta Exchange
Calcutta, Feb. 3 (Reuter). TT on Japan, 81-1/4
India Rupee Paper
Bombay, Feb, 3 (Reuter), Govt. 34% Rupee, 95-07-0
LONDON GOLD
London, Feb. 3 (Reuter). Bar Gold, Fine per oz, 168/-
| Tientsin-Pukow Rly.,6%
(Brit. Stpd. Sup), Loan) 15 Tientsin-Fukow. Rly. 5%
(Ger. Stpd. Supl. Loan) 15 Jap. 6% Ster. Loan, 1924 22-25 Ger 7% Intl. Loan, 1924 ́ 5-1/2 Chartered Bank
INDO-CHINA
BANKERS:
£1,800,000 £1,060,000 £1,254,639
The Bank of England and Midland
Sank, Ltd. BRANCHES:
Calcarta Dolombo
Delet Galle
Hongkong Karla Ips.
Hawak
Kuala Trengganu Madras
New York
Pearoy
Kuala Lumpur Dingapore
HONG KONG BRANCH:
STEAM NAVIGATION COMPANY LTD description of Banking and Exchange
Operating Services for Cargo and Passengers'
8-3/4
HK. & Shal Bank (Lan.
Reg.)
TO-
21
HK & Shal Bank (Col.
Beg) Chinese Eng. & Mining
(bearer)
18/- Chosen Corporation...... 4/- Mercantile Bank of In-
dia. £5, "G"
11-1/8. 1/6 Pekin Syndicate... S'hal Mec. Congtr,' Co.
15/- 3'hal Waterworks "A" 13-1/2 Union Insurance
85
20
Gula Kalumpong Rubber 15/7) Lon, Mid, & Scot., Rly. 151 Great Western Ely,
361
National Bank of India 31%
B.-A, Tob (bearer)
.91/101
Dunlop Rubber
23/101
Bristol Aeroplane
30/3
Imperial Chemical Ind. 29/7
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and QALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal in the French Concession at Shanghai, where passengers and cargo are landed.
For further particulara
please apply to
JARDINE MATHESON&Co.,LTD. TELEPHONE ZOŽIL GENERAL MANAGERS
banese transacted.
TRUSTEE AND EXECUTORSHIP
UNDERTAKEN
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL $40,000,000.UU.
. (BRANCHES ÁLL ÖVER CHINA) Owing to our numerous Branches in China and connections in the CURBENT ACCOUNTS opened in Local Der. principal Commercial Centres of rendy and FIXED DEPORTES received in Local the World, we are able to extead Currency & STERLING ou terms that may be to our Clients special facilitias forê ascertained ca agy estim.
Domestic and Foreign Banking soc Manager Exchange.
D. BENSON,
What do
you
If there
want?
is anything you want to buy or sell, try
small .Classified advertise- ment in the Hong- kong Daily Press.
25 words $1.50 prepaid
for 3 insertions.
Head Office:-SHANGHAI Hong Kong Branch;
4, QUEEN'S ROAD, ́0. "
South China Offices:
CANTON
SWATOW
BHIUCHOW
KONGMOON TOISHAN
KINGCHOW
We also handle the issue of Bond and other Pablo Funds of the Chinese Government both at Hom
and Abroad.
SHOU J. CHEN.
Manager,
56
32
Glass 351
Woodward Iron Cor. Chase National Bank National City Bank
29
31.
261.
23+
DOW JONES AVERAGE
2
Feb. 1, 123.28
28.10
Feb. 4, 1941. High Low Close 123.75 122.40 122,67 29.18 27.90 27.04
Change .61 off
£9,000,000
HONGKONG SAVINGS
The Business of the above Bank is conducted by the HONGKONG A SHANGHAI BANKING COS- PORATION. Rules may be obtaix ed on application.
For the HoxaxoNG & SHANGHAI BANKING CORPORATION. ·
V. M. GRAYBURN,
Chief Manager. Hong Kong, 28th Feb., 1939.
HEAD OFFICE;
13, PIKE STREET.
NEW YORK.
An American Bank offering com
plete Foreign Banking Service in the principal Markets of the world.
This Bank is entirely owned by THE CHASE NATIONAL BANK, NEW YORK, with Resources of over U.S.$2,900,000,000.
D. L. BALLANTYNE,
Manager.
THE MERCANTILE BANK OF INDIA LIMITED
Head Omco:-15, Gracechurch Street, London, EC3
Authorised Capital..
·BANK OF EAST ASIA, LIMITED
Authorised Capital......$10,000,000.00 Paid-Up Capital Reserve and Undivided
Profits
5,599,600,00
.2,083,261.50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central
-J
Wong Chu Son, Esq
Fang Ping Wali Erg.
Board of Director. HON. SIR SHOUSON CHOW, Chairman Li Koon Chan, Esq. Li Lan Sang, Eng. P. K. Kwok. Esq. Wong Tun Tung, Esq. Chan Ching Shok, Beq, KAN Tuxo Po, Esq., Chief Manager HGs. MR. LI TSE. FONG, Manager
Branches and Agencies
Kowloon
Loudon
PELLOR Kingaparu Hanzoon
Squrabaya
Nalgon Swatow
Heilsarna dan Fran-- Bydnoj Nagisaka
disco Tiantan
4
New York Seattle Увасодтер Paris Paping
Bemarang
Shanghai
Every description of Banking and Exchange business transacted. Loans granted ou approved securities.
Current Accounts opened in Local Currency and Fixed Deposits re- ceived for one your or shorter periods in Local and Foreign Cur rencies on terme which will be... quoted on application.
SAFE DEPOSIT Borks To LET.
KAN TONG PO,
ChiefTM Manager.
Amer
Blata vlá
Bombay
Manila
Calcutta
Ealphong
Hankove
Barcinia
Kobe
Subscribed Capital
.16 off
Paid-up Capital
Reserve Fund and Rest,"
Bonds
19.56 91.07
19.73 19.50 19.55
.01. öff
91.00
Commodity Index' 55.70
55.81
,07 off .09 off.
1
Business Done:-490,000 shares
Bangkok 1poh Bombay
Jaffos
Kuantan
Kandy.
Karsóhi
Kota Bharu
Rangoon
Shanghai Simla