17

62 613 12.48 12.45

Prev. Today'ı High Low Close Close 10.38 10.33 10,34 10.37 19.90 19.85 19.85 19.90 831 821 82} + 828 611 612 12.50 12,47b

Change .03 up ,05 up

i up

à of 03 off

STOCKS

Adams Express

NEW YORK COTTON

March

Close 10,34,34

Opening

Closing

Change

Alleghany Steel Og.

10.39/33

10.37/37

03' up

Allis Chalmers

59 -3/4

May

10.33/33

10.33/33.

10.35/35

.02 up

Aluminium Ltd,

On Japan:-

July.

10,21/21

10,20/19

10.23/23

.03 up

Amer, Can

On demand

10% 1/2

October

9.73/73

9.71b/73a

9.74/74

O up

American Cenamid B.

On India:

December

9.70/70

9.69b/700

0.71/71

01 up

Amer. & Foreign Power

Transfer.

January

Spot

9.67 N' 10.89

9.68 A

9.68 N 10.92

01 up

Amner Foreign $7 pí.

Amer. Locomotive

.03 up

Amer. Metals Co

Amer. Radiator · A..

Amer. Rolling Mi

Amer. S'ting and Ring Co.

...... 44 3/8

Amer. Sugar Reining

NEW YORK RUBBER

||

Amer. Tel, & Tel

March

19.85/85

May

19.72/75

19.90 A 19.70 B

19.90/90 19.80/80

.06 up

Arner. Tobacco "B"

.08 up

Amer, Waterworks

19.55/55

102 1/4

19.45 N

unquoted 19.45/45

19,62/64

01 up

Anaconda Copper

19.50/50

.05 up

Atchison, T. & S. Fe.

Aviation Corp.

47 1/8

Baldwin Lecometive

CHICAGO WHEAT

Baltimore & Ohio

148 1/2

Barber Asphalt Co.

May

824/821

821/823

822/823

033

Barnsdall On

July

767/77

778/771

763/761

off

Bendix Aviation

23 1/4

September

773/771

761/763

Bethlehem Steel

Friday's sales:-5,048,000 bushels

Bliss & Co,

Boeing Airplane Co.

CHICAGO CORN

Borg-Warner

Sat., Feb. 8.

May July

62/613

813/613

613/613

Briggs Mig.

617/611

617/617

September

612/612

614/613 611/511

off

Budd Mfacturing Corp.

å off

Canadian Pacific R'way

NEW YORK HIDES

March June

Case, I......

፡፡

"Celanese

12.50/53 12.28/30

12.38b/50a 12.24b/30a

12.47b,'50a 12.25b/32a

.03 of

Chesapeake & Ohio

.03 off

Chrysler Corpn.

Columbia Gas & Mec.

Commercial Credit Co.

Com, & Southern (Ord.)

Consolidated Edison

----- 3.18

5,27 N

5.18b/23a 5.25 N 5,29/30

.07 up

Consolidated Of

5.34/33

.06 up

Continental Can

Continental Oil

Copperweld Steel

PAGE 10-HONGKONG DAILY PRESS

FINANCË

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS FEBRUARY 8, 1941.

On London:--

Telegraphic Transfer. 1/2 7/8 Bank Bills, on demand 1/2 7/8 Credits 4 months' sight

On Shanghai:—

On demand

Or Singapore:-

On demand

NEW YORK COMMODITY MARKET

(REUTER'S SERVICE)

NEW YORK, Feb. 8. 1941

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

Telegraphic

and demand 82 1/2

On New York:-

Bank Bills, on demand 23 9/16 Credlis, 40 days sight 24 5/15

Total sales Friday:-39,900 bales.

The first notice day for March Cotton is 25/2/41 and last day is 14/3/41

On Bstavig

On demand

On Paris:-

if

On Saigon:-

Bank Bills, on demand Non.

"Credits 1 months' sight Nom.

On demand

On Manila:---

On demand

On Bangkok:----

On demand

On Sterling Notes:-

Bar Silver per oz

September (

July (New contract)

Total sales:-420 tons

...

NEW YORK STOCK EXCHANGE

QUOTATION

"(REUTER'S SERVICE)

FEBRUARY 9, 1941.

40*

MONDAY, FEBRUARY 10, 1941.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital 850.000,006

INDIA, AUSTRALIA AND CHINA

Issued & Fully Paid Up $20,000,000 Incorporated by Royal Charter, 1800

Reserve Funds:

Paid-Up Capital Sterling .................£8,500,000 Reserve Fund H.K. Currency Reserve $10,000,000 Reserve Liability of Pro- Reserve Liability of

Proprietors

Boa. Mr. S. H. Dodwell,

Miskin, Esq.,

K. S. Morrison,

Pearce,

Hon. Mr. T. E. Pearce,

Hon. Mr. A L Shield,

prietors

.....£3,000,000

..£3,000,000

£3,000,000

HEAD OFFICE: LONDON:

39, Bishopsgate E.0.2. Sab-Agencies In London: 117/122, Leadenhall Street, E.C.a. West End Branch:

14/16, Cookspur Street, S.W 1 Manchester Branch: 62, Mosley Street, Manchester, 1

AGENCIES AND BEANCHES

HONG KONG PENANG

ALON STAR AMBITRAR

BANGKOK

ILOILO

RANGOO

IFOX

BAIGON

BATAVIA

SEREKBAN

KARACE 1

BOMBAY

SHANGBAJ

CALOUTTA

AGENCIES:

KLANG KOFL

SINGAPORI

SITIAWAN

BOURADATA

LUMPUR KUCHINO

TAIPINO

MADRAS

MANILA

MEDAN

CLIVE STIET KUALA - PAISLIE PLACE

Sir Vandeleur M. Grayburn,

Chief Manager. CANTON

Branches:

Johare Rangoon

Saigon

Haiphong (Johore) Tientsin

Mukden Tokyo New York Tsingtao Peiping Yokohama Penang

CURRENT ACCOUNTS opened

CA WXPOSI CEBU COLOMBO

DELHI

HAIPHONG

NEW YORK PRIPING

(Peking)

TIENTSIN

TONGKAR

(Bhuket)

THINGTAG

YOKOHAMA

FOR.GN EXCHANGE and Geners) Backing Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or shorter periods in Local 01 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, oz BOXES of terms which may be ascertained at

jany of the Agencies and Branches.

R. A. CAMIDGE,

Manager.

EXECUTOR

Last Sale

STOCKS

Last Sale

Feb. 8

.$20,000,000

Feb. 8

8

Loft Incorperated

17ât

Head Ofce:-HONG KONG

214

Mack Truck Inc.

281

331

Martin, Glen L

26+

70*

McKesson & Robbins, píd.

26X

Board of Directors: Hon. Mr. J. J. Paterson,

871

Montgomery Ward

361

34

M'tain City Copper Co.

31

W. H. Lock, Esq..

13/16 National Aviation

91*

Chairman.

Deputy Chairman.

174"

Nat. Dairy Products

13

J. E. Bousfeld, Esq.,

137*

National Distillers

211

131*

A. H. Compton, Esq.,

National Lead

163*

L. J. Davies, Esq.,

Nat, Fower & Light

63

137

National Supply Corp.

SF

411

New York Central

131

Niagara Hudson Power

2}

1634

N. American Aviation ...

15

703

North American Co.

153

6

Northern Pacific

63

247

Owens-linols Glass Co.

441

222

Pacific Gas & Elec

271

44

Packard Motors

151

Amoj

Pan-American Airways

131

Bangkot

31

Paramount Pictures

11j

Batavia

Kobe Kowloon

San

9*

"Pennsylvania RR.

231

Bombay

Kuala

Francisco HAMBURG

81

March May

1.99b/2.00a 2.04b/05a

2.006/01a 2,05b/08a

.01

up 01 up

Curtiss-Wright (C)

Curtias Wright "A"

Deere & Co.

Distillers Corpn. Beagrama

Douglas Aircraft

.71b/la

.72/72 .75b/.76a .74 B

Du Pont de Nemours ...

.711b/.72ła 740/75a

.001 up 001 off

Eagle Picher Lead

"Eaton Mfg. Co.

Elec. Autolite

Elee. Bond & Share

Elec. Bond & Share $5 pt.

11,42b/55a 11.50b/55a 1125b/30a 11.29b/35a

unquoted. 4.03

.02 up 01 up

"Elec. Bond & Share $8 pt.

Elec. Power & Light $7 pf.

Flintkote

Gen. Amerlean Trans........

Gen, Electric .........

Gen Motors

Gen, Railway Signal

Gen. Tire & Rubber Glidden Co."

Goodrich (BF.)

Goodrich $5 pr.

Goodyear Tire & Co.

Homestake Mining

London

New York

Japan

India

Parts

Sterling

Spot Feb

Mar.

Spot

Sellers

Opening Closing 0/3-21/64 0/3-11/32 0/3-21/64 0/3-11/32 0/3-5/16 - 0/3-21/64

U.S. Dollars

Chin. 41% Anglo-French

Loan, 1908

5-1/4

22-1/4 18-3/4 nominal

£

War Loan, 31% (Red,

after 1852)

103-7/16.

Defence Loan, 3% Canton-Kloon Rly. 5% Chinese 41% Gold Lan

1898 (Brit. Izgue) Chinese 5% Gold Bonds,

1925/4...

101

-13

44

Inter. Paper & Power

Trams, $18.20.

Feb.

Mar.

42 to 47

Star Ferries, $57.

$5-5/19 $5-11/32

43

5-5/15

5-9/32

5-11/32 5-5/16

Chinese 5% Crisp Loan

1912

26

Quiet.

Chinese 5% Reorg. Loan.

1913 (Ldn. Is.)

34

Chinese 8% Ster. Notes,

1925 (VickerK)

10

Chin, Imperial Rly. 5%

Loan

47

Honan Rly. 5%

16

Hukuang Rly. 5%. 1911...

(LP. N/Y Issue)

15

Hükuang Rly, 5%. 1911

.German Issue)

13

Lung Tsing & Hai

Aly, 5% 1813......

14

S'hai-N'King Rly. 6%

16

with 21/284d last week.

15

15

聯絡

Bank Buying RateNow.

Market Report

FROM ROZA BROS.

· Silver prices dropped 1/16' yes- terday for both deliveries, the quotations being 23.1/4 for both Ready and Forward. Silver advices reported the market as being quiet and featureless. American Silver was quoted at 34.3/4 for Spot,

The London/New York cross- rate was quoted at 402.1,2. New |

York/London was quoted at 403.

MARKET

Total sales for the day:-25 contracts.

NEW YORK COCOA

March May

Quiet, U.S. Dollars were a shade NEW YORK SUGAR NO. 3.. steadier..

STERLING There were sellers" at 1/3 Febru- ary/April, buyers at 1/3.1/32 Cash.

Volume of business done-88 lots NEW YORK STIGAR NO. 4:

U. S. DOLLARS Some business was reported at March 24 for Cash. The market closed | May with a small seller at 24 for Cash, buyers at 24.1/16 for Cash.

SHANGHAI DOLLARS Opened with sellers at 448.1; 2. Later the rate rose to 449, Business

·was arranged at various rates. The market closed with sellers at 447 1/2 for Spot,

SHANGHAI MARKET

- Sterling opened with sellers for Spot at 3.21/64. Later the marketį was steady with sellers at 3.11/32 for Spot. U.S.$. opened with sellers at 5.5/16. Last advices reported sellers at 5.1f/32 for Spot,

Shanghai Exchange

Shanghai, Feb. 8. Reuter),

Official T.T. Rates

Opening 0/3-5/16

Market:

Silver Daty Rate

The Central Bank of China's rate on London at 10 am, today was 1/2-1/20.

The Equalisation rate was 23-1/2 per cent

Calcutta Exchance

Calcutta, Feb. 8 (Reuter). T.T. on Japan, 81-1/4

LONDON METALS

Tin.

EXCHANGE

London, Feb. 7 (Reuter),

Standard, Cash Middle Price, £256-3/8.

!

Tin. Standard, Cash, Middle Price, £257-7/8, - Market-Quict..

Volume of Business done;-52 lots. NEW YORK COPPER FUTURES

March

11.48/48 July NY. Ofstal Bilver...... 34-3/4

11.28/28

NY-London Cross Rate 4.03

LONDON STOCK EXCHANGE

(REUTER'S 'SERVICE)

London, Feb. 1.

The following quotations are the. middle prices at the close of the market in London. All quotations are subject to confirmation and no responsibility is assumed for errors in transmission.

Tientain-Pukow Rły, 5%

(Brit. Stpd.) Tientsin-Pukow Riy, 6%

(German Stpd.) Tientsin-Pukow Rly. 6%.

(Brit Stpd. Supl. Loan) 18 Tientsin-Pakow Rly. 5%

(Ger. Stpd. Supl. Loan) 15 Jap. 6% Ster. Loan, 1924. 23 Ger, 1% Intl. Loan, 1924 5-1/2 Chartered Bank

J

H.K. STOCK EXCHANGE

February 8.

For today's short session na particular trend was indicated,

BUYERS

Bank of East Asia, $76- Union Ins., $410.. Provident, $5.50.

Lands, $34.50,

Lands, 4% Debentures, $97.50. Star Ferries, $56,50. Lights (Old), $5.

-SELLERS

Hotels, $3.60.

Lights (Old), 36.25.

# SALES

Docks (Old), $17.75/85 Lands, $3475

17

Lights (Old), $6.10. Lights Rts.. 85 cts.

LONDON STOCK EXCHANGE

LONDON, Feb. 9 (Reuter)--In the Stock Exchange yesterday con- tinued withdrawals for tax pay- ments occasionally caused tighter conditions in the monetary situa- ition and £85,000,000 Treasury

Bills were offered and allotted at

Great Northern Iron Ore .. Great Northern · Rly, pfð. Great Western Sugar

Greyhound Cerpri

Hercules Powder Co

Int Nickel

Int. Tel. & Tel, Johnsman

Kenmecott Copper Libbey-Owens-Ford

Lockheed Aircraft Loew's Inc.

1940/41 High Low Dow Jones Averages 162.80 111.84 30 Industriala

32.67 22.16 20 Rails 28.45 18.03 20 Utilities 92,19 83.08 40 Bonds 64.07 48.47 11 Commodity Index

Change

.41 up

PORATION. Bules may be obtain-Authorised Capital......$10,000,000.06

BANKING CORPORATION. »

V. M. GRAYBURN,

Chief Manager. Hong Kong. 28th Feb., 1939.

15, QUEEN'S ROAD, CENTRAL:

HEAD OFFICE:

19, PINE 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 BANE, NEW YORK, with Resources of

over U.S.$2,800,000,000. .

D. L. BALLANTYNE,

Manager.

A job?

WANT ADS

INDO-CHINA

Paid-Up Capital

Reserve and Undivided

t",,"

2,983,261.50

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

Board of Director.

HON. SIR SHOUson Chow, Chairman Li Koca Chun, Esq. Li Laa Sang, Eag P. K. Kwok, Esq. Wong Chu Son, B Wong Yun Tong, Esq. Fung Ping Wah Esq. Chan Ching Shak, Raj, KAN TONG PO, Esq., Chief Manager HON. MR. LI TSE FONO, Manager

Branches and Agencies:

Kowloo Panang Kingaporu Надерек Bourabaya Suigan But

Amoy

Louden

Malhoaras Sad Fran- Sydos

asco Pantain

Naguanas

New York Seattle Vancouver Paris

Peping

Bemarang

Stanghal

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

Current Accounts opened in Local Currency and Fixed Deposits re- ceived for оде усаг

or shorter - perioda in Local and Foreign Cur- rencies on terms which will be quoted on application.

SAM DEPOSIT Boxes To LET.

XAN TONG PO,

Chief Manager.

BANK OF CHIÑA

Specially Chartered by

THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE

BANK

the average rate of discount of STEAM NAVIGATION COMPANY LTD PAID-UP CAPITAL $40,000,000.

1/3394 per cent, as compared

Wall Street opened quiet and steady

S'hal Waterworks "A" Union Insurance

13-1/2 20

HONGKONG

8-3/4

Gula Kalumpong Rubber 15/7) Lon., Mid, & Scot., Rly. 14 Great Western Rly....... 344 National Bank of India 31 B-A, Tob (bearer)

91/10

SHAREBROKERS:

H.K. S'hai Bank (Ldn

Reg.)

Dunlop Rubber

33/0

81

ASSOCIATION HK & Bhai Bank (Col.

Bristol Aeroplane.

10/8

Imperial Chemical Ind.

20/4/

Volume of Business Transacted

Reg)

83

United Stee!

22/6

on Saturday, Feb. 8, 1941.

SALES

Chinese Eng., & Mining

(bearer)............

Woolworths

53/9

18/-

Maraman Investments 7/6

HK. Docks (Old),....100

HK Docks (New)

60

168

$17.76 Chosen Corporation

17.00 Mercantile Bank of In-

dia. £5, "G"

4/-

Western Holdings

9/9

Sub-Nigel

145/-

11-1/8

Trad.

Pekin: Syndicate

1/8

(beater)

45

The total valuè té $2,897,00,

B'hal Elec. Constr. Co.

15/-

•bid.

*

hell Trans

Operating Services for Cargo and Passengers

TO-

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

SINGAPORE, PENANG, and CALCUTTA

SANDAKAN

HAIPHONG

All steamers berth alongside the Roosevelt Terminal in the French Concession at Shanghai, where passengers and cargo are landed.

For farther particulara

please apply to~~

JARDINE MATHESON&Co.,LTD. TELEPHONE ZOZIII GENERAL MANAGERS:

(BRANCHES ALL OVER ÜHINA) Owing to our numerous Branones 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 sné Exchange.

Head Office:-SHANGHAI Hong Kong Branch:

4, QUEEN'S ROAD, C. South China Offices:

CANTON

SWATOW

SHIUCHOW

KONGMOON TOIBHAN KINGCHOW We also handle the issue of Bonde and other Public Funds of the. Chinese Government both at Home and Abroad.

SHOU J. CHEN,

Manager.

Philadelphia Read Coa

Calcutta

Lampar

Shanghai HANKOW

35

Canton

London

Singapore

Phillips Petroleum

37

84

Choloo

Public Service of NJ,

28

Lyons

Sourabaya

171"

Colombo

Malacca

Sungei

Pullman Inc.......

241

167

Dairen

Manila

Pure Ou

71

18

Foochow Muar

Patsai Swatow

Radio Corpn. of Am.

22

41

Reading Company,

Com

13

Remington Arms Co., Inc.

·51

Bankow Harbin

31.

Republic Aviation Corp....

4

50

| Republic Stee)

191

Iloilo Ipoh

26

Revere Corp.

41+

Reynold Tobac. "E"

321

661

Safeway Stores

4

294

Schenley Distillers

101

Sears Roebuck

739

11/16

Bhell Union Oll

118

214

quoted on application

Bocony-Vacunum Oil

61

1

Southern Pacific

94

SAPE DEPOSIT various sizes to let

38

Southern Rly $5 pfd.

22+

TRUSTEE and

184

Spicer Manufacturing Co. 321*

157

business undertaken.

Standard Brands

81

*282*

Stand Gas & Elec.

Standard Oll of California

19

201

101

Standard Ol of NJ.

347

Stone & Webster

B*

HONGKONG SAVINGS

BANK.

www.c

69*

1477

Studebaker Com,

7+

The Business of the above Bank

Swift International

19

is conducted by the HONGKONG

BANK OF EAST ASIA, LIMITED

If

Technicolor

**

& SHANGHAI BANKING COB

328

Texas Corpn.

36

291

ed on application.

5,588,600,00

31

| Texes Gulf Sulphur

361

For the HONGKONG & SHANGHAI

Timken-Axle .

301

57

Profits

Trans-America Co.

48

64+

20th Cent. Fox

31+

Union Bag & Paper Corp.

11

132

Union Carbide & Carbon

651

514*

Union Pacific

793

THE CHASE BANK

337

United Aircraft

447

United Airlines Trans

137

13

United Corpn

11

121

United Corp. $3 cum pt.

274

131*

United Gas Corpn.

#

131

621

United Gas Improvement

9

181

U.8, Industrual Alcohol.

231*

14

U.8, Rubber

211

268

US. Rubber $8 pid.

881

201⭑

US Smelting

60

11.

70

494

U.S. Steel

Vanadium

Vultee Aircraft

63)

Interest Rates on Application.

294

71*

SAFE DEPOSIT BOXES

קי

259

Walworth Co.

Batavia Bombay

Manila

Caleatis

Haiphong

Hanker Honofafa

Kobe

124

Warner Bros. Pict.

*

21

Westinghouse Elec,"

96*

584

Woodward Iron Cor.

294*

382

Chase National Bank

Glass 36

National City Bank

237

Libby, Moneill & Libby.

331

DOW JONES AVERAGE

Feb. 7,

124.30

Feb. 9, 1941. High Low Close 124.80 124.26 124,71

28.21

28.20 28.21 28.26

,06 up

20.07

20.08 19.96 20.00

.07 of

91.03

55.91

10,99 55.95

.04. aff

Business Done:-)90,000 shares

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