(REUTER'S SERVICE)

NEW YORK, Feb. 4, 1941

Prey. Today's

High

Low

Close Close

New York Cotton, March New York Rubber, March Chicago Wheat, May ....... Chicago Coin, May New York Hides, March

10.36

10.32

10,36 10.32

Change ,04 off

19.76" 19.72

817 804

62 611

19.80 19.72 811 811 81 61

.08 ft.

up up

12.70

12,57

12.5BN 12.58

..... 435

NEW YORK COTTON

Close

Opening

Closing

unch,

Change

STOCKS

March

10,36/36

$10.34/34

10.32/32

.04 off

Adams" Express ......... Alleghany Steel Do:

52 3/4

May

10.35/36

10.34/35

10.32/$2

.03.. off

Allis Chalmers. ............

On demand

102 1/2

Tuly ....

10.24/25

10.23/23

10.21/21

:03 of

Aluminium Ltd,

October

9.77 N

9.75/75

9,71 N..

.08 off

Amer. Can

On India:

December

9.73/73

Telegraphic

Transfer.

82 1/2

January

"and demand..........

Spot

9.70 N 10.91

9.70b/72a 9.89/69

9.88/88

07 off

American Cyangmid B.

9.63 N 10.87

01 off

Amer. & Foreign Power ...

.04 off

Amer & Foreign 57 pf. .....

On New York:-

amer. Locomotive .......

Amer. Metals Co.............. Amer. Radiator

-On Batavia:-

Amer. Rolling "MB" „ferme

Or demand

On Paris:-

Bank Bills, on demand Nom." Credits 4 months' sight Now.

May

March *******

19.80/80

19.65b/72a

July (New contract)

19.635/70

19.55/57

19.60/60

19.72/72

19.60/60

.08 off

.03 off

Amer. 8ting and Ring Co. Amer. Sugar Refining Amer. Tel & TEL

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

FEBRUARY 5, 1941.

On London:--

Telegraphic

Transfer. 1/1 7/3 Bank Bills, on demand 1/9 7/9 Credits 4 months' sight

On Shanghai:--

On demand

On Singapore:-

On demand

On Japan:-

NEW YORK COMMODITY MARKET

Bank Billa, on demand 23 9/16 Credlis, 60 days' sight 24 6/16

Total sales Monday:-58,300 bales.

The first notice day for March Cotton is 25/2/41 and last day is 14/8/41.

NEW YORK RUBBER

****** $4 Hi-

NEW YORK STOCK EXCHANGE

QUOTATION

(REUTER'S SERVICE)

FEBRUARY 5, 1941.

THURSDAY, FEBRUARY 6, 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, 1853

Reserve Funda

Paid-Up Capital ...£3,000,000 £8,500,000 Reserve Fund Sterling

H.E. Currency Reserye #10,000,000 Reserve Liability of Pro- Reserve Lisbility of

prietors Proprietor.

"A

Chairman.

Deputy Chairman.

K. E. Morrison, Esq.,

Hon. Mr. T. E. Pearce,

£3,000,000

...£3,000,000 HEAD OFFICE: LONDON:

38, Bishopsgate E.C.. Sub-Agenoles In London: 117/122 Leadenhall Street, E.C.

West End Branch: 14/16, Cookspur Street, S.W Į Manchester Branch:

52, Mosley" Béreet, Manchester, 1.

AGENCIES AND BRANCHES-

HONA KONG PINANG

ILOILO

ALOM STAB AMRITSAR BANGIOK BÄRAV LA BOMBAY DALOUTTA

..$20,000,000

Last Sale

STOCKS

Last Sale

www

Feb, 4

Feb. 4.

Head Ofco:-HONG KONG

**

Loew's Inc.

32

211

Loft Incorperated

151

Board of Directors:

32

Hon. Mr. J. J. Paterson,

Mäck Truck "Inc.

271

+1

70*

Martin, Glen

26

87$

| McKesson' & Robbins, pfd. 261

W. H. Lock, Esq.,

33

Montgomery Ward

351

M'tain City Copper Co.

31

J. K. Bousfield, Esq.,

17

(National" Aviation

A. H. Compton, Esq.,

134

Nat, Dalry Products

13

L. J. Davies, Est,

17+

National Distillers

211

Hon. Mr. B. A. Dodwell,

RANGOOS

BI

National Lead

16:

. Miskin, Esq.,

IPON TARACEL

SAIGON

BEREMBAN

134

Nat, Power & Light

64

SHANGHAI

40

National Supply Corp.

51

14

New York 'Dental

127

1601

Niagara Hudson Power

Hon. Mr. A. L. Shields,' Sir Vandeleur M. Graybarn,

KLANG

KOBR

SINGAPOR

AGENCIES:

SITIAWAN

CLIVE STREET KUALA

וי

Ainer: Tobacco “B”*

701

N. American Aviation

144

Chief Manager, FAIBLE PLACE

BOUKADAYA

LUMPUS

19.55 A...

19.50/50

.05 off

On Saigon:-

On demand

********* 102 1/4

September ( )

19.48 N

19.45/45

19,40 N

.08 oft

Amer. Waterworks ·

6

North American Co.

154

CANTON CAWN POZE

TAIPING

ECOMING

TIENISTA

Branches:

MADRAN

Anaconda Copper

238

Northern Pacific

61

CRETT

TONGKAHA

On Manila:-

Total sales:880 tons

Atchison, T. & S. Fe.

221

Owens-lincfg Glass Co.

442

Amoy

Jabore Rangoon

COLOMINO

MANILA

(Bhuket)

On demand

47 1/8

Aviation Corp.

41

Pacific Gas & Elec-

273

Bangkok Kobe

Saigon.

On Bangkok:--

CHICAGO WHEAT

Batavia

Kowloon Ban

DELHI HAIPHONG

MEDAN

-NEW YORK

AMINOTAU YOKOHAMA

Baldwin Lecometive

15)

Packard Motors

3

On demand

149 1/2

May

811/818

81/811

On Sterling Notes:---

July

751/751

751/751

Bank Buying Rate

Bar Silver per oz

Nom 23 8/16

September

751/75

812/813 671/781 -761/781

Bombay

Kusis

Francisco HAMBURG

up

Baltimore & Ohio

32

Pan-American Airways

131

1 up

Calcutta Lumpur Shanghai

Barber Asphalt Co.

87

Paramount Pictures

10

Canton.

London

Singapore

1 up

Barnsdall Ou

81.

Pennsylvania `R.R."

221

Chefoo Lyons

Sourabaya

Monday's sales:-8,353,000 bushels.

Bendix Aviation

35

Philadelphis Read, Coal

5/32

Colombo

Malacca

Sungei

Bethlehem Steel

82

Phillips Petroleum ..

362

Dairen

Manila

Market Repor

FROM ROZA BROS.

Wednesday, Feb. 5. Silve: prices were unchanged yesterday; the quotations remain- ing at 23.5/16 Tor both deliveries. Silver advices reported the "mar- fea- quiet and ket as being

American Silver was tureless. quoted at 34.3/4 for Spot.

The London/New York, cross- rate was quoted at 4021/2. New York/London was quoted at 403 1/4.

September NEW YORK HIDES

March June

CHICAGO CORN

Bliss & Co.

167**

Public Service of N.J.

281

Fooohow Muar

May....pe

July

611/61t 617/611 811/011

611/62

up

Boeing Airplane Co.

171

Pullman Inc....

241

Haiphong

611/81

617/611

+ up

Borg-Warner

-161

Pure Ol...

71

611/6

6135

+00

Briggs Mfg."

214

Bankow Harbin

Radio Colph of Am.

47.

Iloilo

Budd M'facturing Corp.

4"

יי

Reading Company,

Com

13

Ipoh

Canadian Pacific R’wŁY

37

Remington Arms Co., Inc.

51*-+

12.60/60 12.28/28 Total sales for the "day-57 contracta

NEW YORK COCOA : March May NEW YORK SUGAR NO. 3:

12.58 N 12.24/25

12.58/59 12.22/22

unch.

Case, JL

46..

Republic Aviation Corp.

4

.02 "off

Celanese

244

Republic Steel"

19

Chesapeake & Ohio

402

Revere Corp.

DL

Chrysler Corpn.

641

Reynold Tobac. "B"

324

Columbia Gas & Elec: ...........

41

Safeway Stores

38*

3.08 N 5.18 N

5.05D 815/15

5.03 N 5.11 N

.05 off

Commercial Credit Co....

281

Schenley Distillers

92

.05 off

Com," & Southern (Ord.)

11/18

Consolidated Edison

223

Sears Roebuck

711

Shell Union Oil

101

various sizes to let

Consolidated Oil ......

5+

Socony-Vacuum Oll

81

TRUSTEE

and

EXECUTOR

March

2.00b/018

Dull

MARKET

STERLING

May

2.05b/06a

2.01b/02a 2,05b/06a

01 up unch.

Continental Can

37

Southern Pacific

9

business undertaken.

Patani Swałow

(Johore) Tientsin

Mukden Tokyo New York Tsingtao" Peiping Yokohama Penang

CURRENT ACCOUNTS opened

in Local Currency and FIXED DE- POSITS received for one year or

BANKOW

"PHIPING

(Paking)

FOREIGN EXCHANGE and Geners! Banking Business transacted.

CURRINT ACCOUNT opened and FIRED DEBIT received for One Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.

SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rater obtainable on application.

The Bank's Head Office in London

shorter periods in Local and Other undertakes Executor and Trustes Currencies on terms which will be business, and claims recovery of British Income Tax overpaid, on quoted an application.

SAFE DEPOSIT BOXES of terms which may be ascertained at any of the Agencies and Branches.

"R. A. CAMIDGE,

Manager.

Continental Oil

18

Southern, Rly $5 ptá

221

March May

U. S. DOLLARS

The ma-

July

London

New York

Japan

India

Faris Hongkong

0/3-5/28

War Loan, 34% (Red.

after 1952)

5-1/4

Defence Loan, 3%

22-1/4

Canton-K'loon Rly. 5%

18-3/4

Chinese 41% Gold Luan

nominal

1893 (Brit. Issue

.... 22

Chinese 5% Gold Bonds,

1925/47

Chin. 44% Anglo-French

Loan, 1908

Chinese 5% Crisp Loan

Feb. Mar.

1912

Chinese 5% Reorg, Loan,

Volume of business done:-171 lota There were sellers at 1/3 Feb-NEW YORK SUGAR NO. 4:

at. 1/3.1/32 ruary/April, buyers

for Cash,

A small transaction was report-

.69b7,0 .681/.681 72467.738 72/.72 Volume of business done:-91 lots, NEW YORK COPPER FUTURES ket closed with sellers at 23.13/16 March Cash, buyers at 23.15/18 Cash.

ed at 23.7/8 for near

SHANGHAI DOLLARS

arranged Business was

early also in the morning at 450 and 449. The market with sellers at 448.1/2.

I

11.34b/36a NY. Official Silver 34-3/4 NY-London Cross Rate 4.03-1/2

rate..

SHANGHAI MARKET Sterling opened with sellers at

Subsequently the 3.21/64. rose, to 3.11/32 and at the close sellers were again quoted at 3.21/ U.S. Dollars at 64 for Spot. 5.9/32 for Spot. Last advices In- dicated sellers at 5.5/16 for Spot.

Shanghai Exchange

Shanghal, Feb. 5 (Reuter),

Official T.T. Rates

Opening

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

London, Feb. 4.

U.S. BAN EXPORT OF OIL

WASHINGTON, Feb. 5 (Reuter) -President Roosevelt has placed oil, as well as refining machinery. The following quotations are the radium, uranium, calf sking

kid skins under the export licens- middle prices at the close of the market in London. All quotations ing system in connexion with.

the National Defence Programme are subject to confirmation and no responsibility is assumed for errors as from Monday next.

in transmission.

SILVER MARKET LONDON SILVER

London, Feb. 4 (Reuter). Silver-Market quiet and fea- tureless, with no business. In the afternoon, the market was steady.

with no business.

Spot. 23-5/16d. ·

Forward, 23-5/18d

BOMBAY SILVER

Bombay, Feb. 4. (Reuter), Market Quiet but steady. OR.. take 50 bars

Copperweld Steel

Curtiss Wright (C.)

il

Curtiss Wright "A"

.B8b/70a .724b/.73a

004 off unch..

Deere & Co.

Distillers Corpn. Seagramzia

Douglas Aircraft

Du Pont de Nemours

Eagle Picher Lead

11.400/488

11.380/48a 11.31b/42

11.43p/48a 11.33b/38a 34-3/4 4.03-1/4.

03 up

Eaton Mfg. Co.

.01 up

Elec. Autolite

Elec. Bond & Share

Elec. Bond & Share $5 pf.

Elec. Bond & Share $8 pf,

Elec. Power & Light $7 pf.

Flintkote

Gen. American Trans.

-Gen. Electric

Gen. Motors

it

Gen. Railway Signal

Gen. Tire & Rubber

Glidden Co.

SDG

Goodrich (B.F.)

Goodrich $5 pt.

Goodyear Tire & Co.

Great Northern Iron Ore

Great Northern Rly, pfd.

Great Western Sugar

£

Greyhound Corpn.

Hercules Powder Co

Homestake Mining

1034 101-1/4 13

Int Nickel

Inter. Paper & Power

Int. Tel. & Tel

Johnsman

44.

Kenzecott Copper.

42 to 47

Libbey-Owens-Ford Clasa Lockheed Aircraft

45

28

1940/41

1813 (Ldn. Is.)

34

P

Chinese 8% Eter, Notes,

Indian Mint Silver

Ready

1825 (Vickers)

10

63-00

32.67.22.16 20

Chin. Imperial Rly. 5%

Loan

Feb 21 Settlement

-28.45 18.03 20

62-14

92.19 -83.06 40

Mar, 25 Bettlement

62-10

47

64.07 48.47.11

Fligh Low Dow Jones Averages 162.80 111.84 30 Industrials

Rails Utilities Bonds Commodity Index

Honan Rly, 5%

16.

Butuang Rly, 5%, 1911...

(LP. N/Y Issue) Yukuang Rly 5%, 1911

German Isame)

-15

13

Lung Taing & U. Has

Middle

Rly. 5% 1913

S'hai-N'King Rly. 5%

Tientsin-Puków. Rły 6%

(Brit. Stpd.).

Price, £257-5/8.

15

Market quiet

Sterling

Bellera

Opening Closing Spot0/3-21/64 0/3-21/64 ...... 0/3-21/64 0/3-21/64

·0/3-19/64 0/3-19/64 U.S. Dollars

$5-5/18 Spot..... $5-9/32 Feb.

5-9/32

5-5/16 Mar. 51/4 5-1/4

Market:--Quiet,

Silver Duty Rate

The Central Bank of China's rate on London at 19 a.m. today. was 1/2-1/2d..

The Equalisation rate was 23-1/2

per cent

Calcats Exchaner..

Calcutta, Feb 4 (Reuter) T.T. on Japan, 81-1/4

India Rupee Paper

Bombay, Feb. 4 (Reuter). Govt. 34% Rupee, 95-08-0

Tientsin-Pukow Rly, 5%

(German Btpd.) Tientsin-Puków Rly, 5%

(Brit. Stpd. Supl. Loan) 15: Tientsin-Pukow Rly. 5%

(Ger.Stpd. Supl Loan), 15 Jap. 6% Bter. Loan, 1924 22-25 Ger, 7% Intl Loan, 1924 5-1/2; Chartered Bank

8-3/4

LONDON METALS

EXCHANGE

London, Feb. 4 (Reuter).

Tin Standard. Cash

Price, $256-3/8

Tin, Standard, 3 months, Middle

LONDON GOLD

London, Feb. 4 (Reuters

Bar Gold, Fine per oz., 168/-

LONDON STOCK EXCHANGE LONDON, Feb. 5 (Reuter) - On the Stock Exchange Fester- day, Gilt-edged advanced on inHg & Bhai Bánk (Col. stitutional buying. Other sections.

H.K. & Shal Bank (Lan

Reg.j

|Lon., "Mid, '& Scot. Rly. -147

Great Western Rly.

361

81

|National Bank of India 31

8-A, Tob (beazer)]

81

Feg)

85

Dunlop Rubber

especially Home Rails, generally Chinese Eng, & Mining improved on investment demand

Bristol Aeroplane

10/3

(beareri

18/

Imperial Chemical Ind. 29/7/

dia £5, "G". Kaffira and Oils were firm and Pekin Syndicate. among foreign issues Japanese shal Mec. Constr. Co. 6'hal Waterworks. “A” Bonds continued to recover,

but Industrials were largely heavy Chosen Corporation 2. under the influence of taxation Mercantile Bank of In- uncertainties.

-4/-

United steel..........

Woolworths b

11-1/8

1/8

Maramat. Investments. Western Holdings.......

22/9, 54/13 7/6:5 10/3

15/-

Sub-Nigel

150/8

Wall Atreet was inclined to Union Insurance

13-1/2 20

benzrans & Trad

bearers

Tula Kalumpang Rubber, 15/71:

7-bla

#harden

262*

HONGKONG SAVINGS

BANK

The Business of the above Bank is conducted by the HONGKONG SHANGHAI BANKING COR- PORATION Bules may be obtain ad on application.

For the HovoKONG & BELÑGHAÏ BANKING CORPORATION.

V. M. GRAYBURN,

“Chief Manager, Hong Kong, 95th Feb., 1839.

HEAD OFFICE:

18, Fra STREET.

NEW YORK

BANK OF EAST ASIA. LIMITED

Authorised Capital $10,000,000.00 Paid-Up Capital ... 5,588,600.00 Reserve and Undivided

Profite

.2,983,261.50

Head Office:-HONG KONG No. 10 Des Voeux Road, Central

Board of Director.

HON. SIR SHOUSON CHOW, Chairman

Li Koon Chun, Esq.

|

Li Lau Sang, Esq, P.-K. Kwok, Ex, Wong Chu Son, Baq Wong Tan Tong, Esq. Fung Ping Wah Esq. Chan Ching Shok, Esq.

KAN TONG Po, Esq., Chief Manager

An American Bapk offering com-Hos. MR. LI Taz Foxo, Manager

plate Foreign Banking Service

This Bank is entirely owned by NATIONAL BANK, THE CHASE NEW YORK, with Resources of

over U.8.$2,300,000,000.

D. L BALLANTYNE,

+

Manager.

A job?

WANT ADS

INDO-CHINA

STEAM NAVIGATION COMPANY LTD..

Operating Services for Cargo and Passongora

TO

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

SINGAPORE, PENANG and CALCUTTA

SANDAKAN

HAIPHONG

All steamora berth alongside

the Roosvelt Terminal in the French Concassion at Shanghai, where passengers. and cargo are landed.

For further particulars

please apply to

JARDINE MATHESON&Co.,Ltd. TELEPHONE ZOTI GENERAL MANAGERS.

Branches and Agencies:

Pangpara

Loudon Bangoon Bourabaya

#WCW Melbourne San Fran. Sydney

ciao Tintain

Упоритог

Semarang

Shanghai

Every description of Banking and Exchange business transacted. Loans granted on approved securities.

Current Accodats opened in Local Jurrency and Fixed Deposite re- ceived for one "your__ or shorter periods in' Local and Foreign Cur- rencies on terms which will be quoted or application.

SAFE EXPOSIT BOXES, TO 'LET.

KAN TONG PO,

Chief Manager.

BANK OF CHINA

Specially. Chartered by THE NATIONAL GOVERNMENT

OF CHINA AB ANA INTERNATIONAL EXCHANGE

THE BANK

PAID-UP CAPITAL $40,000,000.

(BRANCHES ALL OVER CHINA)

Owing to our numerous Branones [in China and connections in the principal Commercial Centres of the World, we" ure" able to extend o our Clients special facilities for Domestic and Forsigu Bapking and "Exchange.

Head" "Office: SHANGHAI Hong Kong Branch: QUEEN'S ROAD, C South China Offices:

CANTUN

SWATOW

SEIUCHOW

KONGMOON TOISHAN KINGCHOW

We also handle the imus of Bondi and other Publis Funds »of”: the Chinese. Government both at Home and "Abroad.

SHOU THEN

Manager,

154

Spicer Manufacturing Co.

32.

81

Standard Brands

to

26+

Stand Gas & Elec.

་་

20

Standard Oll of California

191

184.

Standard Ol of NJ

34)

63

Stone & Webster

7

Studebaker Com

77

9%

Swift. International

18

307+

Technicolor

87

288

Texas Corpn.

371

31

Texes Gulf Sulphur

36

531*

Timken-Axle

29

632

Trans-America Co.

44

30

20th Cent. Fox.

6

13

513

Union Bag & Paper Corp.

104

THE CHASE BANK

Union Carbide & Carbon

321

Union Pacific

80

"18, QUEEN'S ROAD, CENTRAL

421

United Aircraft-

378

-

13

United Airlines Trans

13

11

United Corpn.

1}

131

United Corpn. $3 cum pt. 267

13

United Gas Corpn.

*

611

*171

United Gas Improvement

9

14

U.S., Industrual Alcohol.....

234'

251

U.S. Rubber

197

in the principal Markets of the .world:

Amoy

Kowloos

US. Rubber $8 pia.

де

Interest Rates on Application.

Bateria

201

111

US. Smelting

U.S. Steel

B12

SAFE DEPOSIT BOXES

681

Vanadium

291

Bombay Calcatta Balphong Hankow Homelin Kabe

Ma

Balzon

Hew York

Seattle

Paris

Felping

49"

Vultee Aircraft

04

24.

12/

Walworth Co.

5

Warner Bros. Pict.

3.

2**

561

Westinghouse Biét.

93.

311

Woodward Tron. Cor.

201

35 23}

Chase National Bank National City Bank

311*

DOW JONES AVERAGE

Feb. 3,

Fob. 5, 1941. High Low Close

122.07

123.20.122.20 122.63

Change .04 off

27.94

28.10 -27.95 28.09

קב 15,

19.00

19.70 19.55 · 19.66

.11 up

$1,00

90.67

13 off

55.81

66.71

10 up

Business Done:--350,000 shares

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