New York Cotton, March New York Rubber, March Chicago Wheat, May Chicago Corn, May.
10,40 10.31 10.39 10,36
STOCKS
20.15
20.08 20.02
811
796
Adams Express
$11
603
*
430
New York Hides, March
12.42 12.96
12.47b 12,26
21
of
Alleghany Steel Ca
Allis Chalmers
24
62 3/1
NEW YORK COTTON
Close
Opening
Closing
Change
Aluminium Ltd
Amer. Can
On Japan:-
March
10.39/39
10.30/38
10,36/38
.03 of
American Cyanamid B
On demand
102 1/2
May
10,37/37
10.36/36
-10.33/33
.04 of
Amer. & Foreign Power...
On India:-
Telegraphie Transter.
July
10,25/25
10.21/25
10.21/21
.04 60
Amer. & Foreign $7 pt.
89 1/3
October
9.78,78
9.79/79
9.78/76
unch.
Amer, Locomotive
and demand
December
9.73/73
On New York:—
Barik Bills, on demand 23 3/4 Credlis, 80 days' sight 24 1/2
January
9.70 N
9.77/77 9.71b/748
9.72/72
01 of
Amer, Metals Co.....
Spot
10.94
9.69 N 10.91
of "off
Amer. Radiator
.03 of
Amer. Rolling ME
On Batavia-
On demand
"On Paris:-
44.7/2
Total sales Monday:37,100 bales.
The first notice day for March Cotton is 25/2/41 and last day is 14/3/41
Amer. B'ting and Ring Co.
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
NEW YORK COMMODITY MARKET (REUTER'S SERVICE)
The New York Commodity Market was closed on Wednesday,
CLOSING QUOTATIONS F. 12, and the following were the prices quoted in New York on
FEBRUARY 13, 1941
On London:
Telegraphie Transfer, 1/2 7/8 Bank Bills, on deinand 1/2 7/9/ Credits 4 months' sight
On Shanghai:
On demand
On Singapore:-
On-demand
Feb. 11:
Prev. Today's High Low Close Close Change .03 On 20.10N 08 up 81 797 13 of 613b 601
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
FEBRUARY, 12, 1941
FRIDAY,
FEBRUARY. 14, "1941.
BANKS
SHANGHAI THE CHARTERED BANK" OF
HONGKONG &
BANKING CORPORATION
Authorised Capital... $50,000,000
INDIA, AUSTRALIA
AND CHINA
Issued & Fully Paid-Up #20,000,000 Incorporated by Royal Charter, 1888
Reserve Funds:
Head Office:-HONG KONG
Chairman,
38. Bishopsgate E.C.1. Sub-Agencies In London:
117/122, Leadenhall Street, E.C.a. West End Branch: 14/18, Cockapur Street, S.W! Manchester Branch: 59, Moaley Street," Manchester,
AGENCIES AND BRANCHES :
* HONG KONG PENANG
ILOILO
ALUE STAH
IPOH
Sterling
Last Sale
"
Feb. 11.
STOCKS
19.09.
Last Sale
$20,000,000
| Paid-Up Capital £8,500,000
Reserve Fund H.K. Currency Reserve $10,000,000 Reserve Liability of Pro- Reserve Liability of
Proprietors
.£3,000,000* .....£3,000,00
prietors
Feb. 11.
£3,000,000 HEAD OFFICE: LONDON:
8
211
Loft Incorperated......... Mack Truck Inc.
161
271
307
Martin, Glen L
25+
TO
McKesson & Robbins, pfd.
25+
86
Montgomery Ward
36.
33
M'tain City Copper Co.
J
National Aviation
+
Board of Directors: Hon. Mr. J. J. Paterson,
W. H. Lock, Esq.,
Deputy Chairman.
17
Nat. Dairy Products
131
134
National Distillers
201
17)*
National Lead
168
J. K. Bousfield, Esq., A. H. Compton, Esq. LJ. Davies, Esq.,
St
Nat, rower & Light
61
Hon. Mr. S. H. Dodwell,
134.
National Supply Corp.
52"
G. Miskin, Esq.,
401
New York Cential
E. 8, Morrison, Esy.,..
121
Amer, Sugar Refining
14
|Niagara Hudson Power
21
Amer. Tel & Tel.
163
N. American Aviation
Bark Bills, on demand Nom. Credits 4 months' sight Nom.
Amer. Tobacco "B"
"691
111
North American Co.
153
On Saigon:-
་་
On demand
On Manila:-
On demand
NEW YORK RUBBER
March
Amer. Waterworks
51
Northern Pactic
61
20.02/02
20.02b/104
20.10 N
.08 up
Anaconda Copper
231
Owens-Illinois Glass Co.
44
*
Hon. Mr. T. E. Pearce,
Hon. Mr. A L. Shields, Bir Vandeleur M. Grayburn,
Chief Manager.
+GENCIES:
KLANG
KOBE
CLAFX STEET KUALA FAIRLIK PLACT
CANTON
CAWNFORE
AMRITSAR
BANGIOX
BATAVIA
BOMBAY
CALOUTTA
BANGOON
KABACH1
BAIGON
SEREMBAN SHANGHAI
BINGAPOR SITIAWAN
SOURADAYA
LUNFUR
TAIPING
KUCHING
TIGHTSIN
103
May
July (New contract)
19 92/03
19.74/74
19.78b/80a
47 1/2
September
..... 19.55"N
19.63/65
19.95b 20.05a. 20.20b
19.85
19.70 N'
26 up
Atchison, T. & 9, Fe.
213
Pacific Gas & Elec
261
.11 up
Aviation Corp.
#
Packard Motors
3
Amoy
15 up
Baldwin Lecometive
15/
Pan-American Airways.
131
Bangkok
Braucher: Johore Rangoon Kobe Saigon
MADRAS
TOROKAX
MANILA-
COLOMBO
(Bhuket)
DELEI
KADAN
On Bangkok:-
On demand ....
On Sterling Notes:-
Total sales: 880 tons.
Baltimore & Ohio.
34
Paramount Pictures....
11
Batavia
Kowloon San
... 149 1/2
Barber Asphalt Co.
F
Pennsylvania RR
231
Bombay
Kuala
Francisco
CHICAGO WHEAT
Barnsdall Où ....
81
Calcutta
Philadelphia Read, Coal
*.
Lumpur Shanghai
Bank Buying Rate
Now.
--
May
811/811
811,81
80,791
14 off
Bendix Aviation
34)
Canton
Phillips Petroleum
London
Singapore
367
Har Sliver per os
23 5/18
July
758/75!
751/75
741/741
13 off
Bethlehem Steel
80
Cheloo
Lyons
Public Service of N.J.
281
September
75758
741/748
14 off
Bliss & Co.
16
Colombo
Malacca Sungei
Pullman Inc.........
233
Dairen
Manila
Market Repor
FROM ROZA BROS.
Thursday, Feb. 13.
Boeing Airplane Co.
16
Monday's sales:-7,870,000 bushels.
Pure Oll
7#
Foochow
Fatani Swatow
Borg-Warner
18}
CHICAGO CORN
Briggs Mig.
217
Radio Corpn. of Am,
4
3
Silver prices were
unchanged yesterday, the quotations remain-
May July
614b
616/814
601/61
A of
Budd M'facturing Corp.
4
Reading Company, Com
13
Bankow
Remington Arms Co., Inc.
5+*
Harbin
614b
61/61
602/601
i off.
Canadian Pacific R'way
3+
Republic Aviation Corp. ...
4
September
614
601/609
Case, JI
47
Republic Steel
Iloilo Ipoh
184
Celanese
243
March
and
June
rate
MARK
ARKET
March May
1J
at 1/3.1/32 May
for Cash
U. S. DOLLARS
.
Were a shade steadier. Opened
with sellers at 24.1/8 for Spot. March
ing at 23.5/18 for both Ready and NEW YORK HIDES Forward. Bilver advices reporteu the market as being steady featureless. American Silver mar
ket was closed yesterday.
The London/New York, eross-
was quoted at 402.1/2,
Quiet.
STERLING
There were sellors at 1/3 Febru.
ary/April. buyers
"Total sales for the day:-137 contracts.
NEW YORK COCOA
| NEW YORK SUGAR NO. 3:
March
Chesapeake & Ohio
41
Revere Corp. (..............
01 "
12,475
12,42/42
12.26/27
21. off
Chrysler Corpn.
65
Reynold Tobac. "B"
331
12,26/26
12.18/18
12.10/12
.18 off
Columbia Gas & Elec.
41
Safeway Stores
391
Commercial Credit Co.
Schenley Distillers
29
Sears Röetruck
Com, & Southern (Ord)
11/16
Shell Union Oil
11
..
Consolidated Edison
214
quoted on application.
5.34 N 5.43/43
5.330/34a 5.33b/44a
5,48 N 5.58/58
.14. up
Consolidated Of
54
Socony-Vacuum 01
87
פני 15.
Continental Can
377
Southern Pacific
various sizes to let.
Continental Oll
18
Southern Rly $5 pid.......
212
TRUSTEE
and
EXECUTOR
Muar
Sourabaya
Haiphoog (Johors) Tientsin
Mukden Tokyo
New York Tsingtao Peiping Yokohama
Penang
CURRENT ACCOUNTS opened
(Peking)
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for Ons 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 os 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 recovery of Currencies on terms. which will be business, and claims
British Income Tax overpaid, on
SAFE DEPOSIT BOXES. of terms which may be ascertained at
any of the Agencies and Eranches.
R. A. CAMIDGE,
HAIPHONG HAMBURG HANKOW
NEW YORK
PRIPING
TSIKOTAL- TOKOHAMA
Copperweld Steel
157
| Splçer „ Manufacturing Co. 321*
business undertaken.
Manager.
.... 2.00b/01a 2.05b/03a
2,01b/03μ 2,07b;082
01 up .02 up
·Curtiss Wright (C.)
81
Standard Brands
81
Curtias Wright "A"
281
Stand Gas & Elec.
1*
Volume of business done:-38 löta
NEW YORK SUGAR NO 4:
Deere & Co.
191
Standard OB of California
Distillers Corpn. Seagrams
164*
Standard Oil of NJ.
ધ
Douglas Aircraft
881
Stone & Webster
SHANGHAI DOLLARS
March July
ft
اله
STERLING
Feb
War Loan. 31% (Red,
after 1952)
1/3.1/32
Defence Loan, 3% Janton-K'loon Rly. 5% Chinese 41% Gold Lan
1899 (Brit. Issue Chinese 5% Gold Bonds.
1925/AI
and
Chin. 44% Anglo-French
Loan, 1908
Chinese 5%. Crisp Loan.
1912.
Chinese 5% Reorg. Loan
1913 (Ldn. 18.)
Chinese 8% Ster. Notes,
1925 (Vickers),
Chin. Imperial Rly. 5%
Loan
jonan Rly, 5%
Hukuang Rly 5%, 1911...
Later some business was arranged May.
at 24.3/16 for Cash. The market Volume of business done:-182 Ints.
closed with sellers at 24,3/16 for NEW YORK COPPER FUTURES Cash, buyers at 24.1/4 for Cash.
Opened with sellers at 445. The NY. Ocial Silver 34-3/4 lowest rate touched was 443. Busi-NY-London Cross Rate 4.03
ness was arranged at various rates.
At the close there were sellers at any s 444, buyers at 444.1/2 for Cash.
SHANGHAI MARKET
Sterling opened with sellers for Spot at 3.23/64. Later the rate ros to 3.25/64. At the close at Noon sellers were quoted at 33/8 for *pot. U.S. Dollars opened with sellers for Spot at 5.13/32, Sub-
sequently, the rate rose to 5.16/32
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
London, Feb. "12.
The following quotations are the middle prices at the close of the
RESERVE BANK OF INDIA STATEMENT
Calcutta, Feb. 12 (Reuter).
Jan. 31 Feb. 7 Notes in circulation (including Notes held in the Bank-
for apot. Closed with sellers at market in London. All quotations Rupee Coin and Bul- 5.7/16 for Spot.
AFTERNOON MARKET The market was quiet in arternoon.
There were sellers at 1/3 ruary/April, buyers at Cash.
U. S. DOLLARS
Sellers at 24.3/16 for Cash, buy- ers at 24.5/16 for Cash,
SHANGHAI DOLLARS Opened with sellers at 443 closed with sellers at 439 for Spot. SHANGHAI MARKET Sterling at 3.25/64′′ and U. 8. Dollars at 5.1/2, both sellers for Spot.
Shanghai Exchange
Shanghal, Feb. 13 (Reuter).
Official TT. Rates
.681.604.69/.69 .710.728
.724/.73
.684b/.69/a "711b/.72
unch. unch.
Du Pont de Nemoirs
146...
Studebaker, Com...
Eagle Picher Lead
9
Swift International
Eaton Mfg. Co.
32
Technicolor
Elec. Autolite
281
Texas Corpn.
Bec Bond & Share
3+
11.45b/50a 11.40b/50a 11.30b/38a 11.25b/36a
11.45b/49a 11,28b/32a 4.03 34-3/4
unch, ,02 of
Elec. Bond & Share $5 pf. Mce Bond & Share $8 pf.
541*
Texes Gulf Sulphur Timken-Axle
623
Trans-America Co
Elec. Power & Light $7 pí. Finikote
311
20th Cent. Fox,
131
Union Bag & Paper Corp.
Gen. American Trana.
511.
Union Carbide & Carbon
Gen. Electric ...
32
Union Pacific
Gen Motors
431+
United Aircraft
Gen. Railway Signal".
131*
United Airlines Trans
Gen. Tire & Rubber Glidden Co. Gondrich (B.F.) Goodrich $5. pl.
111*
United Corpn.
.137
United Corpn. $3 cum pt. 272
...... 137
62
United Gas Corpn.
United Gas Improvement
Goodyear Tire & Co. ....
174
U.S., Industrual Alcohol
Great Northern Iron Ore
144
U.S. Rubber
Great Northern Rly, pfd.
241
US. Rubber $8 pid,
ing Department)... 26,053 26,505
Great Western Sugar
21
U.8. Smelting
are subject to confirmation and no
lon in India responsibility is assumed for errors Gold Coin and Bul- the in transmission.
Greyhound Corpn.
111
US. Steel
3,101
3,052
Hercules Powder Co.
681
Vanadium
Homestake Mining
484-
Vultee Aircraft
Hon in India
4.441
4,441
Int" Nickel
221
Walworth Co.
£
1.
Securities (Indian
Inter. Paper & Puwer
121
Warner Bros. Pict,
Government)
4,960
4,960
Int, Tel. & Tel,
21
Westinghouse Elec.
103-9/16 Securities (British
101.
Johnsman
571
Woodward Iron Cor.
Government)
13,550 14,050
13
'
44
42 to 47
45
(Figures in 'Lakhs of Rupees)...
SILVER MARKET
LONDON SILVER
London, Feb. 12 (Reuter).
Silver-Markes steady, feature-
Libbey-Owens-Ford
Kenrecott Copper
Lockheed Aircraft Loew's Inc.
321-
Chase National Bank
Glass 35*
National City Bank
23
Libby. Monell & Libby'
32
י
26
less and practically idle," in afternoon, the market was steady
the
1940/41
with no business.
DOW JONES AVERAGE
High Low Dow Jones Averagea 152.80.111.84 30 Industrials
||
Feb. 10,
Feb. 12, 104L,
High Low Close
124.18
32.67 22.15 20
34
10
Spot, 23-5/18d.
Forward, 23-5/180.
BOMBAY SILVER
28.45 18.03 20 92.19 83.06 40 64.07 48.47 11
Raila Utilities Bonda
28.28
123.80 122.61 122.61
28.21
18.89
19.85 19.60 19.61
91,00
Commodity Index 65,98
Business Done:—420,000 shares
Bombay, Feb, 12 (Reuter).
47
Market Gulet but steady.
ote
18
take 75 bars.
Indian Mint Silver
Opening
-P. N/Y Issue)
15
83-06
London
New York
Japan
0/3-5/16
Bukuang Rly. 5%, 1911 N
Feb. 21 Settlement
5-1/4
(German Iste
13
Mar. 25 Settlement
03-04 63-02
22-1/4
India
-18-3/4
Lang Tsing & U Hal
Fly, 5% 1913
Parla
Hongkong
nominal 22
8'hai-N'King Rly. 5%
16
**
14
Apot
Feb.
Mar.
Spot
Feb. Mar.
Sterling
Sellers
Opening Closing 0/3-23/64 0/3-23/64 0/3-11/32 0/3-25/64 0/3-21/640/3-3/8
U.S. Dollars
$5-13/32
$5-1/2 5-13/325-1/2
5-15/32
6-3/8
Market-Steady,
Sliver Duty Rate
The Central Bank of China's rate on London at 10 a.m. today was 1/2-1/20.
The Equalisation rate was 23 per cent
Calcuna Exchange.
Calcutta, Feb. 12 (Reuter). TT. on Japan, 81-1/4
Tientsin-Pukow Rly. 5%
(Brit. Stpd.) Tientsin-Pukow · Rly, 5%
(German Btpd.)........ 15
| Tientsin-Pukow Bly. 5%
(Brit. Stpd. Supl, Loan) 16 Tientsin-Pakow Rly, 5%
(Ger. 8tpd. Supl. Loan) 15 Jap. 8% Ster. Lord, 1924 Ger, 7% Intl. Loan, 1924 Chartered Bank
(bearer)
India Rupee Paper
Bombay, Feb 12 (Reuter), Govt, 31% Rupee, 96-02-0,
thell Trans
(bearer).
. 15
1
231 મ
Chosen Corporation. Mercantile Bank of In-
dia, 25, "G" Pekin Syndicate 6'hai Elec. Constr. Co. Shai Waterworks “A” Union Insurance Gula Kalumpong Rubber 15/7} |Lon., Mid, & Scot,, Rly, 137
Great Western Rly.
.4/-
11-1/8 1/8 15/-
Operating Services for Cargo and Passengers
TO..
and TIENTSIN
13-1/2 20
·341...
8-11/18
National Bank of India 31
HK. & 8'hal Bank (Ldn
Reg.)
B-A, Tob (beurer)
91/3
the Boosevelt Terminal in the French Concession at
77
Dunlop Rubber ........
33/4
H.K. & Bhai Bank (Col.
Per)
Bristol Aeroplane
10/6
80
Imperial Chemical Ind. 29.
mess Eng. & Mining.
United Steel
22/6
18/-
#1
Woolworths ......
51/71
please apply to
Marsman Investments'
6/3
Western Holdings
9/9
Sub-Nigel
147/6
Trad
44/41
Ready.....
251
HONGKONG SAVINGS
BANK
The Business" of the above Bank is conducted by the HONGKONG SHANGHAI BANKING COR PORATION. Rules may be obtain ed on application,
For the HosoÉONG & SHANGHAI BANKING CORPURATION.
V. M. GRAYBURN,
Chief Manager, Hong Kong 25th Feb., 1839,
HEAD OFFICE:
18, PINE STREET,
NEW YORK. An American Bank offering com- plete Foreign Banking Service
SAFE DEPOSIT BOXES
This Bank is entirely owned by Тяз CHASE NATIONAL BAKE, NEW YORK, with Resources of over U.S.$3,800,000,000.
D. L. BALLANTYNE,
A Job
Manager,
Consul
WANT ADS
AZ INDO-CHINA
*mbid.
BANK OF EAST ASIA, LIMITED
Authorised Capital.. $10,000,000.00 Paid-Up. Capital
5,393,600,00 Reserve and Undivided
Profits.
..3,083,261,50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central
· Board of Director. HON. SIE SHOUSON CHOW, Chairman Li Koon Chin, Esq. Li Lan Sang, Baq. P. K. Kwok, Esq. Wong Fun Tong, Esq. Chan Ching Shok, Esq. KAN TONG Po, Bau., Chief Manager Hon. Ma. Li TSE FONG, Manager
Wong Chu Son, Esq
Fung Ping Wah Esq.
Branches and Agencies:
Kowloon Pensing dingapore London Kangoon Borrabays
Saigon Swatow
bankin
Melbourne
Haiphong" * Nagszaka
New York Parla
Peiplay,
Ban Fran. Bydsay "
sir hann v deattle Vancouter Semarang Janard
Every description of Banking and Exchange business transacted. Loans grunted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposita re ceived for GAE year or shorter periods in Local and Foreign Cur rencies
terins which will be quoted on application
SAVE CEPOSIT Boxes To LET.
00
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially, Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
*BANK
STEAM NAVIGATION COMPANY LTD PAID-UP CAPITAL 240,000,000.
SWATOW, SHANGHAL TSINGTAU, CHEFOO
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN,
HAIPHONG
All steamers berth alongside
Shanghai, whore passengers and cargo are landed.
For further particulars
JARDINE MATHESON& Co. Lra TELEPHONE SOXIID GENERAL MANAGERS
(BRANCHES ALL OVER CHINA) Owing to our numerous Brandnes in China and connections in the principal Commercial Centres pf the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and · Erchange.
Head Office:-SHANGHAI Hong Kong Branch:
4. QUEEN'S ROAD, C.
...... South China Offer:
CANTON
SWATOW
|SHIUCHOW
KONGMOON TOISHAN KING HOW
We also handle the ineuse of Bondi and other Public Funds of the Chinese Government hoth at Horos and Abroad.
SHOU J. CHEN,
191.
341
62..
67
181
9
37
361
301
44
61
101
641
79
THE CHASE BANK
37
15
16, QUEEN'S ROAD, CENTRAL
I
11/16
Di
241
194
88
50%
61
in the principal, Markets of the world. Interest Rates on Application.
Lotay
Batavia
Коль
29
63
Hastow
monsinlu
5
Kor
34
<i
95
29
30
Change
1.58 off
27.91 27.92
.36 off
.28 of
90,69 55.71
.31 of
.17 off
Manager