』
(REUTER'S SERVICE)
NEW YORK, Feb. 6, 1941.
Prev. Today's
High Low
On demand
New York Cotton, March "New York Rubber, March
Chicago Wheat, May.................. Chicago Corn, May New York Hides, March
NEW YORK COTTON
1273
10.39 10.35 19.86 19.80 '83 821 62 014 12.70
Close Close Change
10.31 - 10.36 .05 ub 19,806 19,846. .01 up
821 824 + off 62 61 12.66b 12.71
.05
435
March
Close 10.31/31
Opening
Closing
10.36/36
10,36/36
off
up
Change : .05
STOCKS
Adams Express
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS FEBRUARY 7, 1941
On London:-
Telegraphic Transfer. 1/2 7/8 Bant Bills, on demand 1/8 7/8 "Credits 4 months' sight
On Shanghai:-
NEW YORK COMMODITY MARKET
NEW YORK STOCK EXCHANGE
QUOTATION (REUTER'S SERVICE)
FEBRUARY '7, 1941.
SATURDAY, FEBRUARY 8, 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, 1888
Reserve Funds:
Paid-Up Capital.....
£8,500,000 Reserve Fund
...£3,000,000
Sterling
£3,000,000
...£3,000,000
HEAD OFFICE: LONDON:
H.K. Currency Reserve 310,000,000 Reserve Liability of Pro- Reserve Liability of
prietors.....
Last Sale
STOCKS
Last Sale
Proprietors
$20,000,000
Feb. 8
Feb. 8
4
Loft Incorperated
162
Head Office:-HONG KONG
Alleghany Steel Co.
214
up
Mack Truck Inc.
281
Allis Chalmers
On Singapore:——-
33+
On demand
62 3/4
May
10.32/32
10,37/37
10.34/34
,02 up
Martin, Glen L.
23+
Aluminium Ltd.
-71
July
10.21/22
"10.20/27
10.24/24
.03
up
McKesson & Robbins, pfd. 284
On Japan!-
Amer. 'Can
87+
On demand
102 1/2
October
9.73/72
9.78/76..
9.74/74
.02 up.
Montgomery Ward
371
American Cyanamid B.
34
On India:-
December
9.68/68
9.73/74
9.71/71
.03 up
M'tain City Copper Co.
31
Board of Directors: Hon. Mr. J.-J. Paterson,
W. H. Lock, Esq.,
Amer. & Foreign Power
13/16"
"Telegraphic
Transfer.
January
and demand
182 1/2 spot
9,64 N 10.86
* 0,70 A
9.67. N
.03 up
National Aviation
91
10.91
05 up
On New York:-
On Batavia :---
On Paris:-
41.
May
On Manila:~
May
·
July
On Bangkok:-
149 1/2
September
On Sterling Notes:-
Now.
CHICAGO CORN
Bank Bills, on demand 13 9/16 Credlis, 60 days' sight 24 3/18
On demand
Bank Bills, on demand Nom. Credits: 4 months' sight Nom.
On Saigon:-
On demand............................ 10 1/4
On demand
On demand
Bank Buying Rate
***** 47 1/8
Total sales Wednesday:-71,800 bales.
The first notice day for March Cotton is 25/2/41' and last day is. 14/3/41. NEW YORK RUBBER March
July (New contract) September (
Total sales: 640 tons CHICAGO WHEAT
Amer Amer, Locomotive .........
& Foreign $7 på. ...
161.
Nat, Dairy Products:
131
144
National Distillers
214
Amer. Metals Co.
181
National Lead
161
Amer. Radiator
61
Nat, Fower & Light
Amer. Rolling Mill
141
National Supply Corp.
..0 5
Amer, S'ting and Ring Co.
42+
New York Cential
13+
19.80b/82a.' 19.65b
19.84b/851
1
19.67/68 18.55b/70a 19,73,73 19.53/53 19.43 N
04 ap .06 " up
Amer. Sugar Refining
141.
Niagara Hudson Power
21
Amer. Tel, & Tel
1631
N. American, Aviation
15
19.40b/53A 19:55/57 19.25b/43a 19.38 N
.02 up
Amer, Tobacco "B"
72
North American Co.
151
.05 off
Amer, Waterworks
s
Northern Pacific
Anaconda Copper
25
Chairman,
Deputy Chairman,
3. K. Bousfeld, Esq., A. E. Compton, Esq., LJ. Davies, Esq.,
Hon. Mr. S. H. Dodwell,
. Miskin, Esq., F. S. Morrison, Esq.,
Hon. Mr. T. E. Pearce, Hoa. Mx." A. L Shield, Sir Vandeleur M. Grayburn,
Chief Manager.
38, Bishopagate E.0.2. Sub-Aganelës In London: 117/123, Leadenhall Street, E.0.a. West End Branch: 14/18, Cockapur Street, S.W1 Manchester Branch: 68, Mosley Street, Manchester, 1.
AGENCIES AND BRANCHES ·
ALOR STAN HONG KUNG FENANG AMBITDAR BANGKOK
BATAVIA
BOMBAY
AGENCIES:
- 1LOTLO
ÖATE STELEN KUALA FAIRGIN PLACE
CANTON
MANGOON
IPOH
SAIGON
KARACHI
SIRIMBAK
:|
SHANGHAI
GALOUTTA
KLANG KOBN
SINGAPORE
SITIAWAN
BOURADAZA
LOMPER
TAIPING
Owens-Illinois Glass Co.
45
KUCHING
Atchison, T. & S Fe.
23
Pacific Gas & Dec
*28+
Branches:
****** 82)/821
781/76! 762/761
327/821 761/781
· 821/821. 761/78)
+ off
Aviation Corp.
11.
Packard Motors
3
Amoy
unch.
Baldwin Lecometive
178
Pan-American Airways
137
Bangkok Kobe
Johore Rangoon
Saigon
CAWNPORE CPU COLOMBO DELHI
TIENTSIN
MADRAS
TONGEAN
MANILA
(Bhuket)
MIDAN
TRINGTAG
767/761
unch
Baltimore & Oblo
32
Faramount Pictures
12
Batavia
Wednesday's sales:7,653,000 bushels.
Barber Asphalt Co.
91
Pennsylvania 'R.R.
23.
Bombay
Kuala
Francisco
Barnsdall On
8+
Calcutta
Philadelphia Read. Coul
A
Bendix Aviation
35 t
Ca .00
Bar Silver per oz.
23 6/16
May
62/6Z
621/621
618/611
од
Phillips Petroleum
371
Bethlehem Steel
331
Chefoo
11
July
612/613
62/62
812/618
off
Public Service of NJ,
281
Yllas & Co.
174
Colombo
September
614/612
814/611
off
Pullman Inc...
254
Market
Report
Boeing Airplane Co.
184
Pure Of
8
Dairen Foochow
Muar
May
for Spot.
May
cross-
May
MARKET
July
Chinese 5% Crisp Loan.
1912 Chinese 5% Reorg. Loan, 1913 (1. Is.) .....\ Chinese 8% Ster, Notes,
1925 (Vickers)
Chin. Imperial Rly. 5%
Loan
Honan Rly, 5%
Aukuang Rly. 5%, 1911...
(LP. N/Y Issue
FROM ROZA BROS...
Friday, Feb. 7. Silver prices were unchanged yesterday, the quotations remain Ing at 23.5/16 for both deliveries. Stiver advices reported the mar
NEW YORK HIDES / March June
ket as being very quiet Ame- NEW YORK SUGAR 'NO. 3: rican Silver was quoted at 343/4 March......
The London/New York rate "was quoted at 402.1/2. New York/London was quoted at 403 1/4.
Steady.
STERLING
There were sellers at 1/3 Feb. ruary/April buyers at 1/3.1/32
Cash,
U. S. DOLLARS
23.7/8 sellers for Cash, buyers
at 23.15/16 Cash.
SHANGHAI DOLLARS Some business was arranged at
449. 449.1/4. and
The market closed with sellers 449 for cash, buyers bidding 448.1/2.
SHANGHAI MARKET Sterling at 3.21/64 and D. 8. Dollars at 5.5/16, both sellers for Spot.
AFTERNOON MARKET The market was quiet in the afternoon. U. S Dollars were a shade steadier.
STERLING
"The market closed with sellers at 1/3 February/Apr, buyers at 1/3.1/32 for Cash.
U. S. DOLLARS
The market closed with sellers at 23.15/16 for Cash, buyers at 24 for Cash.
SHANGHAI DOLLARS Some business was arranged at 448.3/4. The market closed "with sellers at 448.3/4 buyers bidding 449.
Shanghai Exchange
Shanghai, Feb. 7 (Reuter)
Official T.T. Rates
· Opening
N.Y. Official Silver
34-3/4
NY-London Cross Rate 4,03-1/4
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Feb. 6.. The following quotations are the] middle prices at the close of the market in London. All quotations are subject to confirmation and no responsibility assumed for errors in transmission.
War Loan, 34% (Red
after 1952) Defence Loan, 3% Janton-K'loon Rly. 5% Chinese 4% Gold Lan
1898 (Brit. Issue? Chinese 5% Gold Bonds.
1925/4Y
Chin. 41% Anglo-French
Loan, 1908
+
LONDON METALS
EXCHANGE
London, Feb. 6 (Reuter). Tin. Standard, Cash, Middle Price, £256-374.
Tin. Standard, Cash, Middle Price, 258-1/8.
SILVER MARKET
LONDON SILVER London, Feb. 6 (Reuter). Sliver-Little production selling 103-7/16.and, speculative buying. Market
the 101-1/4 steady.
afternoon, the market was very quiet with no business.
Forward, 23-6/18d.
BOMBAY SILVER
Bombay, Feb. 6 (Reuter).
Market Steady. Offtake 75 bars.
Indian Mial Silver
Borg-Warner
172
Radio Corpn. of Am.
12.68b/75a 12,66b/78a 1271/71 12:38b/39a 12,32b/50a 12.35/36
05. up
Briggs Mig
224
Reading Company,
Com
13
Haiphong Bankow
01 off
Budd M'facturing Corp.
41
Total sales for the day:-41 contracts. NEW YORK COCOA March
Remington Arms Co., Inc.
51*
Harbin
Canadian Pacific R'way
31
Republic Aviation Corp.
4***
Iloilo
Case, JI.
50
Republic Steel
Ipob
191
5.08/05 5.34 N
5,07/07 5.15/15
5.16 N
5.25 N
,10 up
Celanese
254
Revere Corp.
94
09 1213
Chesapeake & Ohio
41
Reynold Tobac. "B"
334"
Chrysler Corpn.
651
1
Safeway Stores
40
Columbia Gas & Elec.
41
3.000/010 2.05b/06a
2.00b/01a urich. 2.05b/080 unch.
Schenley Distillers
101
Commercial Credit Co. ...
291
Bears Roebuck
734
Com, & Southern (Ord.)
+
Volume of business done:-113 lots NEW YORK SUGAR NO. 4: March
.69jb/.70a .69b/.70a ..73b/73a 72b/724a Volume of business done:-38 lots. NEW YORK COPPER FUTURES March
Shell Union Oll»,
111
Consolidated Edison
214+
"Z
Socony Vacunum Ol......
af
Consolidated Oil
51
Southern Pacific
.894b/.70 .73b/.7312
unch. unch.
Continental Can
372
Southern Rly $5 pfd.
231
Continental Oll
16#
Copperweld 8teel
157*
Spicer Manufacturing Co. 32*
Standard Brands
61
Curtiss Wright (C.)
81
11.45b748a
11.30/30
11.38b/50a 11,42b/45 .03 off 11.25b/32a 11,25b/30a .05 OIT
34-3/4. 4.03
Stand Gas & Elec.
11
Curtiss Wright "A"
271
Standard Oll of Californía
19
Deere & Co.........
201
Standard Ou of N.J.
341
Distillers Corpn. Seagrams ·17*
Btone Webster
복합...
Douglas Aircraft
69+
Studebaker Com,
7+
Du Pont de Nemours
1481
Swift International
181
Eagle Picher Lead.
91.
Technicolor
9
Eaton Mfg. Co.
317
Texas Corpn.
361
Elec. Autolite
301
Texes Gulf Sulphur
36
Elec. Bond & Share
31
Timken-Axle
304
Elec, Bond & Share $5 p.
55+
Trans-America Co.
4
Elec. Bond & Share $8 pí.
63
20th Cent. Fax.
61
Elec. Power & Light $7 p. Flinkote
31
Union Bag & Paper Corp. · 11
Hong Kong 25th Feb., 1030,”
137
Union Carbide & Carbon 65
Gen. American Trans
52
Union Pacific
804
THE CHASE BANK"
Gen. Electate
331
United Aircraft
38
Oen Motors
437
United Airlines Trans
134
Gen. Railway· Signal
131
Gen. Tire & Rubber
117
United Corpn.
11
Glidden Co......................................
131*
United Corpn. $3 cum pí.
274
United Gas Corpn. ....
子
Goodrich (B.F.)
134
Goodrich $5 pt.
62*
United Gas Improvement 94
Goodyear Tire & Co.
18
U.S., Industrual Alcohol.
In
Great Northern Iron Ore ..
141
U.S. Rubber
207
13
Great Northern Rly, pfd,
25+
US. Rubber 38 pia,
87
Great Western Sugar'
201
UA. Smelting
60*
1.6. Steel
632
44
Greyhound Corpn.......
111
Spot, 23-5/182.
Hercules Powder Co
697
Vanadium
30
".
Vultee Aircraft
7
42 to 47
Homestake. Mining
491
Int Nickel
257
Walworth Co.
5+
45
Inter. Paper & Power
131
Warner Bros. Pict.
31
Int. Tel. & TEL
21*
Westinghouse Elec.
951
Woodward Iron Cor.
26
Johnsman
581
Kennecott Copper
331
Chase National Bank
Ready
63-01
National City Bank
34
Libbey-Owens-Ford
Glass
36
Feb. 21 Settlement
63-00
Mar. 25 Settlement
... 62-14
10
Lockheed Aircraft Loew's Inc.
241
Libby. Monell & Libby
→ 33
==
47
16
United Steel
Woolworths
15
London
New York
Japan
India
Paris
Hongkong
0/3-5/16
| Sukuang Rly. 5%, 1911
5-1/4
.German Issue)
13
Marsman Investments..
Western Holdings .......... 9/9 Hub-Nigel
22/0 53/9 7/6
1040/41
145/
22-3/4
Lung Tsing & Hal
Shell Trans
& Trad.
18-3/4
Rly. 5% 1913.....
14
(beater)
nominal
S'hai-N'King Rly. 5%...
18
*bia.
44/44 *-ex. di
High Low Dow Jones Averages 162.80 111.84 30 Industrials ·
Raila" Utilities Bonda Commodity Index
32.07 29.16 20 20.45 18.03 20 92.19 83.06 40 64.07-48,47 11
Feb.
Mar.
Sterling
Sellera Opening " Closing
Spot 0/3-21/64 0/3-21/64 -0/3-21/64 0/3-21/64 0/3-19/64 0/3-5/18
US. Dollars
Spot.
$5-5/16
$5-5/16
Feb.
-5-5/18
Tientsin-Pukow Rly, 5%
(Brit. Btpd.) Tientsin-Pukow Riy, 5%.
(German Stpd.)......... 18 Tientsin-Pukow Rly. 51.
(Brit. Stpd. Supl, Loan) Tientsin-Pakow Rly. 5%
(Ger. Stpd. Supl, Loán). 15 Jap. 6% Ster. Loan, 1924 22 |Ger. 7% Intl Loan, 1924 5-1/2
Chartered Bank
15
15
8-3/4
HK & Shai Bank (Lan
Reg.)
To-
HK. & 8ha1 Bank (Col
and TIENTSIŃ:;.
Peg)
83
KOBE and OSAKA
Chinese. Eng. d Mining
(bearer,
18)
Chosen Corporation Mercantile Bank of In-
dia, £5, "G"..
Pekin Syndicate
11-1/8 1/6
s'hal Elec. Constr, Co. Shal Waterworks "A"
V5-5/18 Mar
5-1/4 5-9732 Market: Quiet but steady.
Silver Duty Rate The Central Bank of China's rate on London at. 10 am, today was 1/2-1/2d.
The Equalisation rate was 23-1/2 per cent
Calcutta Exchange
Calcutta, Feb. 6 (Reuter), TT on Japan, 81-1/4
India Rupee Paper
Bombay, Feb, & (Reuter). Govt. 34% Rupee, 95-04-0.
LONDON GOLD
London, Feb. 8: (Reuter), Bar Gold. Fine per oz. 188/-...
Union Insurance
15/- 13-1/2
20
15/71.
Gula Kalumporig Rubber Lon, Mid, & Scot, Rly 141 Great Western Bly. ... 351 National Bank of India 31 B.-A. Tob (bearer): 90
33/9 Dunlop Rubber................ Bristol Aeroplane di 10/6 Imperial Chemical Ind. 28/3
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Passengers
SWATOW, SHANGĦAL TSINGTAU, CHEFOO
SINGAPORE, PENANG and CALCUTTA
BANDAKAN
HAIFHONG
All steamers berth alongside the Roosevelt Terminal in the French Conccasion BE. Shanghai, where passengers and cargo are inaded.
For further particulars
please apply to
JARDINE MATHESON&Co.,LTD
TELEPHONE 303II - GENERAL MANAGERS
BANKERS:
Tha Bank of England and Midland
Bank, Ltd. BRANCHES:
Kuantan
Bangkot ipoh Bombay Oilcaza Colomba Detal Galle
Hongkong Hania Liple Howrah
Hola Trengganu Madras
New York POURNE
Rangoon Shanghai
Simi
Esila Lumpur. “Jingsporą "HONG KONG BRANCH;
Every deseription, of Banking and Exchange buslocis traumatod.
"TRUSTEE AND EXECUTORSHIP
UNDERTAKEN
BANK OF CHINA
Specially Chartered by. THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGÈ
MA BANK
PAID-UP CAPITAL $40,000,000. UIF
*(BRANCHES ALL OVER OKINA)
Owing to our numerous Branenas in China and connections, in the CURRENT ACCOUNTS opened in Local Our principal Commercial Centres of rec07, AZJ FIXED DEPOSITS recadad Local the World, "we are able to extenu OTR & STERLING on terms that may be to our Clients special facilitics for assertaźred on spy Ication? Y
Domestic and Foreign Hanking aar Manager Exchange.
D.-BENSON,
What do
you want ?
If there is anything you want to buy or Bell,
try a small Classlifed "advertise- ment in the Hong- kong Daily Press
25 words: $1.50 prepaid
for 3 insertions.
Head Office:-SHANGHAI Hong Kong Branché QUEEN'S ROAD, O. South China Offices:
CANTON SWATOW SHIUCHOW
KONGMOON TOISHAN
KINGCHOW
We also handle the issue of Bonds and other Public Funds of the Chinese Government both at Home
and Abroad
SHOU J. CHEN,
Manager,
DOW JONES AVERAGE
Feb. 7, 1941:
Feb. 5,
High Low Close
Change
124.14
128.37 124.25 124.78
82 ap
Bubelbed Capital..
28.69
- 28.54 28.32·28.40
.28 off
Paid-up Capitál
19.88 --91:17
20.15 19.08 · 20.05
9131 .14. up 55.87
53.9003 up Business Done: -420,000 shares
Roserve Fund and Best,
.30 up
£3,000,000 £1,800,000 £1,000,000
Kowloon San
Lumpur Shanghai London Singapore Lyons "Sourabaya Malacca Sungei
Manila
Patani Swatow (Joboro) Tientsin Mukden Tokyo New York Tsingtao Peiping Yokohama Penang
OURRENT ACCOUNTS opened
PEIPINA
(Peking)
FORLAGN EXomazan and Groers! Banking Business transacted.
CURRENT Apcovers opened and FIXED DEPOSITS received for One Year or shorter perioda, 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 rates 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 quoted on application.
SAFE DEPOSIT BOXES of terms which may be ascertained. at any of the Agencies and Branches... various sizes to let.
R. A. CAMIDGE,
Manager.
TRUSTEE and, EXECUTOR business undertakin.
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the BONGKONG & SHANGHAI BANKING COR PORATION. Rules may be obtain ed on application..
For the HONGKONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN, '
Chief Manager.
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PINE 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 THE CHASE NATIONAL BANK, NEW YORK, with Resources of over, U.S.$2,500,000,000,
D. L. BALLANTYNE,
Manager,
THE MERCANTILE BANK OF INDIA, LIMITED
Head Office:-15,, Gracechurch Street, London, EC.3
Authoriand Capital
BANK OF EAST ASIA. LIMITED
Authorised" Capital.....$10,000,000.00 Paid-Up Capital Reserve and Undivided
Profite
Head Office: HONG KONG No. 10 Des Voeux Road, Contral
14
Board of Director.
Wong Cha Son, E Fang Fing Wah Esq.
HON. SIR SHOUSON CHOW, Chairman Li Koon Jhun, Esq. Li Lan Sang, Eng. P. K. Kwok, Bag. Wong T Tang, Esq. Chan Ching Shel, Esz KAN TONG PO, Esq., Chief Manager Hox, MR. LI TSE FOND, Manager
Branches and Agencies:
Amoy
Bazaria
Kowloon Раздат singapore
Hangsen Beurabaya: » Baigon
London'
San Fran- Sydany
cisca Tisan
Beattie Vancouver demarsig
Stinagtim
Every description of Banking and Exchange business transacted. Losar granted on approved securities.
Current Accounts opened in Local. Currency and Fixed Deposits re ceived for one year or shorter periods in Local and Foreign Cur rencies on term which will be quoted on application.
SAFE DEPOSIT BOXES TO LET.
KAN TONG PO,
Chief Manager.
HAIFEONG • NEW YOat HAMBURG - HANIOW
YOKOHAM
5,598,600.00
1.
2,983, 261.50
Bombay
Manila
Walcotia
Haldourts
Haiphong
Nagasaki
Hankow donolulu Kabu
New York Part
Palping
Kandy Karachi
Kota Bhar
B