(REUTER'S SERVICE)
NEW YORK, Feb. 13, 1941.
New York Rubber. March ............................ Chicago Wheat, May
.......
Prey. Today'a High Low Close Close 10.36 10,29 10,35 10 32 20,75 20,20 20.10N 20,70 804 782 797 79%
Change
104 01 60 up
Chicago Corn, May
495
New York Eldes, March
NEW YORK COTTON
61 Bu 12.49 12.20
601 607 12.26 12.48
unch.
STOCKS
.22 up
Adam; Express
Close
Opening
Closing
Change
Alleghany Steel Co.
Allis Chalmers
March
10.38:36
10.34/34
.04 off
52 3/4
May
10.33/33
10.31/30
.04. off
Aluminium Ltd,
Amer. Can
July
10.21/21
10.19/18
.05 off
On demand
102 1/8
American Cyanamid "B.
October
9.76/78
9.77/77
9.70 N
.06 off
On India:-
"Amer, & Foreign Power
December
9.72/72
9.73/73
9.66/68
.06 of
Telegraphic
Transter.!
AmerForeign $1 pf.
ana demand......
82 1/2 January
9.69 N
9.69b/724
9.84 N
.05 off
Spot
10.91
10.87.
.04 of
Amer. Locomotive
On New York:-
Amer, Metals Co.
༔
De Batavia:-
Bank Bills, on demand 23′ 7/8. Crediis, 80 days' sight 24 5/8
Total sales Tuesday:-53,100 bales.
The Arst notice day for March Cotton is 25/2/41 and last day is 14/3/41
Amer. Radiator
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS FEBRUARY 14, 1941.
Ca London:
Telegraphic Transfer. 1/2 7/3 Bank Bills, on demand 1/2 7/8 Credits 4 months' sight
On Shanghal¦---
On demand
On Singapore:-
On demand·
On Japan:-
NEW YORK COMMODITY MARKET
New York Cotton, March
10.32/32- 10.29/30 10.16/17
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
FEBRUARY 14, 1941.
SATURDAY, FEBRUARY 15, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
'BANKING CORPORATION
Authorised Capital....... 880,000,000
Reserve Funds: Sterling
INDIA, AUSTRALJÁ
AND CHINA
Issues & Faily Paid-Up $20,000,000 Incorporated by Royal Charter, 1888
Paid-Up Capital £8,500,000 Reserve Fund
B.E. Currency Reserve $10,000,00 Reserve Liability of Pro- Reserve Liability of
Proprietars
38, Bishopagate E.C.9. Sub-Agencies In Lendon:
117/129, Leadenhall Street, F.C.a West End Branch: 14/16, Cockspur Street, S.Mi Manchester Branch:
Deputy Chairman, 32, Mosley Street, Manchester,
AGENCIES AND BRANCHES
HONG KONG RENANG ILOIL
....£3,000,000 ....£3,000,000
Last Sale
STOCKS
Last Sale
pristora
.£3,000,000
Feb. la
. #20,000,000 |
Feb. 13
HEAD OFFICE: LONDON:
,5%
Loft Incorperated
15
Head Office:-HONG KONG
204
".
Mack Truck Inc.
26)†
30%
Martin, Glen L
243
71
McKesson & Robbins, pf4.
242
Board of Directors:” Hon. Mr. J. J. Paterson,
351
Montgomery Ward
351
Chairman.
327
Mtain City Copper Co.
3.
W. H. Lock, Esq.,.
13/16
National Aviation
87
157
Nat Dairy Products
13
J. K. Bousfield, Esq.,
13
National Distillers
204
A. H. Compton, Esq.,
171
National Lead
151
LJ. Davies, Esq.,
ALOE STAN
61
Nat. Fower & Light 4.
61
Hon. Mr. S. H. Dodwell,
ANRITUAR
Amer. Rolling Mill
13
National Supply Corp.
51
Amer. Sting and Ring Co.
391
New York Cential
123
G. Miskin, Esq.,
K. S. Morrison, Esq.,
ΒΑΝΑΣΟΣ
On demand.........
..... 44 3/4
Amer, Sugar Refining
131
Niagara Hudson Power
21
Hon. Mr. T. E. Pearce,
On Paris:
Bank Bills, on demand Nom.
Credits 4 months' sight Nom...
NEW YORK RUBBER
March
Amer. Tel, & Tel
1617
IN. Anderican Aviation
141
20.10 N
May
20.20 B
20,20/24 20.30/32
20.70/72
.60 up
Amer. Tobacco "B"
69%
North American Co.
151
20.57/57
.37 up
Amer, Waterworks
5%
Northern Pacific
61
On Saigon:-
On demand
103 1/2
Or Manila:-
July (New contract) September (
Total sales:-1,580 tons.
19.85 B
20 05/05
20,20/22
.35 up
Anaconda Copper
231
Owens-linols Glass Co.
431
..).. ... 19.70, N
19,91/97
19.05 N
.25
ut
Atchison, T. & 8. Fe.
211
Pacific Gas & Elec
261
Aviation Corp.
4
Packard Motors.
21
On demand
47 3/4
تا
Baldwin Lecometive
Amoy
142
Pan-American Airways
131
Bangkok
On Bangkok-
Baltimore & Ohio
34
CHICAGO WHEAT
Paramount Pictures
107
Batavia
Kowloon
On demand
149 1/2
Barber Asphalt Co.
3
Pennsylvania RR.
23+
Bombay
Kuala
On Sterling Notes:-
May
80/791
80/801
Bank Buying Rate
Bar Silver per oz
Now. 23 6/16
July
September
741/741 74/741 744/741
791,791 74/741 742/741
off of
Barnsdall ou
8
Calcutta
Philadelphia Read, Coal
Lumpur Shanghai“ HANKOW
Bendix Aviation
34
Canton
London
סו !
Bethlehem Steel
781
Phillips Petroleum
361
Singapore
Chafoo
Lyons
Sourabaya
Public Service of NJ,
28
Tuesday's sales:-12,046,000 bushels
Biks & Co.
151
Colombu
Malacca
Sungei
Boeing Airplane Co...
CHICAGO CORN
Burg-Warner
May July
807781
807/61
801/601
unch.
-Briggs Mfg.
601,807 002/601
601/602
unch.
Budd M'facturing Corp...
6034601
i off
Canadian Pacific. R'way
2.35/14 but the Forward rate
Case, J.L
NEW YORK HIDES
dropped 1/16 to 23.1/4.
Celanese ....
12.26/27 12.10.12
12,20/22
12.02/05
12,48/49 -12.30/32
22 up
Chesapeake & Ohio
Chrysler Corpn.
-.02, up
Columbla Gas & Elec.
Commercial Credit Co....
Com, & Southern (Ord.)
The London/New
Consolidated Edison
May
5.48 N 5.58/58
5.55/60 5.68/69
-5.63 N 3.73/73
15. Up
Consolidated Off
.15 up
Continental Can
Continental Of ...
MARKET
Copperweld Steel
Steady.
2.016/03% 2,07b/082 Volume of business done:-244-lots
NEW YORK SUGAR NO. 4:
2,03b/4a 2.08b/092.
.02 up .01
Ourtiss Wright (C.)
up
Curtiss Wright "A"
Deere & Co.
Distillers Corpn. Seagrama
Douglas Aircraft ....:
Du Pont de Nemours
.881b/.60ja .67/681
70/70 ,71 b/.72a
.69b/.68 a .72b,.72 a
.001 off
Eagle Picher Lead
.00 up
Eaton Mfg. Co.
BT-
Volume of business done:--237 lots
Elec, Autolite
Elec Bond & Share
+
Elec. Bond & Share $5 pr.
March
July
11.50b/55a 11.30b/35a 34-3/4 4.03-1/4 to 4.03-1/2
.05 up
Elec Bond & Share $8 pf.
102 up
Elec. Power & Light 37.pf.
Matkute
Gen. American Trans.
Cien. Electric
Gen Motors
Gen. Railway Signal
Gen. Tire & Rubber
NEW YORK, Feb.
13 (Reuter).
Glidden Co.......
Feb. 8' (1940)
Feb. R
Goodrich (B.F.)
Goodrich $5 pl.
S
Goodyear Tire & Co.
Great Northern Iron Ore ..
US Securities held
Federal Reserve Ratio Federal Reserve Credit Outstanding., 2,518,000
2,477,000
87.50%
Monetary Gold Stocks
Industrial Advances
17,998,000 10,485,000
2,184,000
91,22% 2,217,000 22,122,000 7,871,000
2,184,000
91.00% 2,260,000 22,130,000 7,877,000
Great Northern Rly, pfd.
Great Western Sugar
Greyhound Corpn.
Hercules Powder Co
Homestake Mining
Int Nickel
Inter. Paper & Power
LONDON STOCK
Int. Tel. & Tel.
Johnsman
U. S. DOLLARS
there was no selling.
gellers
at
"
Market Repor
FROM ROZA BROS.
Friday, Feb. 14.
Ready Silver was unchanged at September..........
Silver advices reported the market as March being quiet with a small business June done. American Sliver was quoted at 34.3/4 for Spot.
Total sales for the day:-100 contracts.
York cross- NEW YORK COCOA' rate was quoted at 402.1/2. New
March York/London was quoted at 403- 1/2.1
STERLING
There were sellers at 1/3 Feb- ruary/April, buyers at 13.1/32 Cash.
U. S. DOLLARS
NEW YORK SUGAR NO. 3:
March May
Opened with sellers at 24/4 for March Cash. Later there were sellers at May No business was 245/16. ranged. Towards 1 p.m. the mar-
ket reacted and sellers were again NEW YORK COPPER FUTURES quoted at 24.1/4 for Cash- and
possible buyers at 24.3/8 for Cash.
SHANGHAI DOLLARS
Opened with sellers at 438. Business was arranged at various rates. The market closed, with sellers at 440.
SHANGHAI MARKET - Opened with sellers of Sterling at. 3.13/32. Later the rate rose to 3.27/64. Cast advices indicated sellers at 3.13/32 for Spot. U. S. Dollars sellers were quoted at the Opening at 5 17/32 The rate rose to 5.9/16. Last advices indleated sellers at 5.17/32 for Spot.
AFTERNOON MARKET The market was quiet in the afternoon.
STERLING
||
There were sellers at 1/3 Feb- ruary April, buyers at 1/3.1/32 Cash.
Nothing doing. There
11.45b/40A 11.45/43 11.28b/32a 11 23/23 34-3/4
N.Y. Official Silver NY-London Cross Rate 4.03.
Bls Bought
FEDERAL RESERVE SYSTEM
EXCHANGE
LONDON, Feb. 14 (Reuter)
Feb. 6
(000's Omitted,
U.S. TO CONTROL
OIL EXPORTS
WASHINGTON, Feb. 14 (Reuter
The Stock Exchange was dull yes-Exports of oli and petrol to Japan were terday, business being very small come under indirect control as the sellers at 24.1/4 Cash, buyers at pending Balkan developments, but result of a Presidential ruling is-" 24.3/8 Cash.
sued on Wednesday laying down
SHANGHAI DOLLARS
Gift-edged stocks were inclined that export licences will be re- Opened with
440, to be heavy. Indian bonds met quired from Feb. 15 for shipment Some business was arranged at profit-taking and industrials were abquad of metal containers over 440.3/4. Closed with sellers at easier. There was some provincial five gailons capacity containing, or 439, buyers at 440 for Cash, selling. Oils also tended to be intended to contain, oll or petrol.
lower and Kafirs
Japan, lacking sufficient tankera, were barely bonds receded has been importing oil in large Last advices reported.sellers of steady. Japanese
containers. Sterling at 3.13/32 for Spot and 30 shillings. U. 8. Dollars at 5.17/32 sellers!
SHANGHAI MARKET
for Spot.
Shanghai Exchange
Shanghai, Feb. 14 (Reater)
Official T.T. Rates
London
New York
Japan
India .......
Paria
Horigkong
Bput
Feb,
Mar.
Spot
Feb,
Mar.
Sterling
Wall Street was quiet.
BROKERS' LOANS
New York, Feb, 13 (Reuter),
Loans on securities to brokers In
| New York:--
Kennecott Copper Libbey-Owens-Ford Lockneed Aircraft Loew's Inc.
INDO-CHINA
Wended STEAM NAVIGATION COMPANY LTD.
13/2/41
WK.-ended Wk-ended Opening 0/3-5/18
8/2/40.* 6/2/41 5-1/4
22-1/4
18-3/4 rominal 22
Sellers
Opening
Closing 0/3-13/32 9/3-13/32 073-13/23 0/3-13/32 0/3-3/8 0/3-25/64
U.S. Dollars.
$5-1/2
5-1/2
$5-17/32
5-17/32 5-1/2 5-15/327 Market -Quiet but steady..
$467,000,000 $297,000,000 $287,000,000 grating Services for Cargo and Passengers
BRITISH ECONOMIC
MISSION
CARACAS, Venezuela, Feb. 14 (Reuter) - Great cordiality and evident friendship marked the
stay here of the British Econoade Mission to South America which i leaves for England on Saturday.
RUMANIAN PETROL FOR TURKEY LONDON, Feb. 14 (Reuter) - Turkey is to receive 160,000 tons The Central Bank of China's of petroleum from Rumania under rate on London at 10 am, today, an agreement just concluded be
Silver Duty Rate
was 1/2-1/24.
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 Shangbai, where passengers- and cargo are landed.
For further particulars
please apply to:
JARDINE MATHESON&Co.,LTD. The Equalisation rate was 23 to an Istanbul dispatch to the Ger TELEPHONE ZOJILL GENERAL MANAGERS.
per cent
tween the two countries, according
man news AGENCY.
The Bank of England and Midland
Bank, Ltd. BRANCHES:
Bangkok Ipoh
Bombay
Calentia Colomba Delbí
Galle
Jada
Копис
Kandy Kartl
Kots, Bharu
Kuna Trenggend Madr
New York
Penang
- Rangoon Shangha Stola
Hnal Li Hongkong Bowish Kuala Lumpur Singapore
HONG KONG BRANCH: Every description of Backing and Exchange business transacted.
TRUSTEE" AND EXECUTORAHIF
UNDERTAKEN
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK PAID-UP CAPITAL $40,000,000.uʊ (BRANCHES ALL OVER CHINA) Owing to our numerous Branenes in China and connections in the CURRENT ACCOURTS opened in Local Gur. principal Commercial Centres of rency ani FIXED DEPOSITS received in Local | the World, we are able to exteno Ouray & 97EELING on toreas that may, be
to our Clients special facilitles for ascertained on application.
D. BENSON, Domestic and Foreign Banking sod
Manager Exchange.
What do
you want?
If there is anything. you want to buy or sell,
a try
small' Classifed advertise ment in
Hong-
the
kong Daily Press,
25 words $1,50 prepaid
for 3 insertions.
Head Office: "SHANGHAI
Hong Kong Branch:
4, QUEEN'S ROAD, C. South China Offioca:
CANTON
BWATOW
SHIUCHOW
KONGMOON. TOISHAN
KINGOHOW
We also handle the issue of Bondi and other Public Funds of the Chinese. Government both at Home and, Abroad.
SHOU L CHEN
Manager.
Pullman Inc....
32,
..
15
Dairen
Manila
Patani
Pure Ol
Foochow
Muat
Swatow
181
Radio Corpn. of Ain.
41
20
Haiphong (Johora)
Tientsin
Reading Company,
Com
131
Rankow
Mukden
31
Remington Arms Co., Inc.
5*
Harbin
New York
31
45+
Republic Aviation Corp.
31
Iloito
Peiping
Tokyo
Tsingtao Yokohama
241
Republic Steel
18
Ipoh
401
Revere Corp.
9
642
Reynold Tobac. "B" ... 32}
Safeway Stores
391
4
Schenley Distillers
94
29+
Bears Roebuck
711
Shell Unton 01
11
211
quoted en application.
51
Socony-Vacunum Ol.
8+
Southern Pacifie
82
371
various sizes to let.
Southern Fly $5 pfd.
21
TRUSTEE and
181
154
Spicer Manufacturing Co.
32+
business undertaken.
Hon Mr. A L Shields, Sir Vandeleär M. Grayburu,
Chief Manager.
Branches: Johore Rangoon Kobe Saigon
San
Penang.
BATAVIA BOMBAY CÁLCUTTA
- AGENCIES 2 CAVE STREET FAIRLIN PLACE CANTON CAWNPOEI CKAU COLOMBO
BAIPHONG
Francisco HAMBURG
CURRENT ACCOUNTS opened
KLANG
KOPR KUALA
LUMPUR KOORING
MADRAR
KIDAN
NEW YORK
(Peking)
TAIPING TIENTSIN
ТОМСКАН
(Bhuket)
TSINGTA TOKOHAMA
Genura!
FORON EXCHANGE and Banking Business transacted.
CURRENT ACCOUNTS epened and Fixed Deposits received for One Year or shorter periods in Local 01 Other Currencies at rates which will he quoted on application.
SAVINGS ACCOUNTS also opened jo Local Currency and Sterling with interest allowed at rates obtainabl 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
SAFE DEPOSIT BOXES of terms which may be ascertained at
any of the Agencies and Branches.
R: A. CAMIDGE,
Manager.
EXECUTOR
RANGOON
IPOH
TABACH)
SAIGON
BEREMBAN
SHANGHAI
SINGAPOR
SITIAWAN
SOURAMAYA
MANILA
DRCHI
PIPING
Standard Brands
61
8
26
Stand Gas & Elec..............
1
Standard Oll of California
18++
19
Standard Oll of NJ.
183
671
Stone & Webster
61
Studebaker Com
61
1451
81*
Swift. International
18
Technicolor
9
31+
Texas Corpa
35%.
271
32
Texes Gulf Sulphur ...
36
Timken-Axte
201
541*
Trans-America Co.
44
611
20th Cent. Fox.
30
13+
Union Bag & Paper Corp.
104
51
Union Carbide & Carbon
63
Union Pacific
771
32+
United Aircraft
36*
423
124
United Airlines Trans
121
United Corpn.
18
11A
134
United Corpn. $3 cum pf.
273)
#
HEAD OFFICE:
United Gas Corpa.......
11/16
12}
:61.
United Gas Improvement
9
167
U.S., Industrual Alcohol...
231
-14
U.S. Rubber
194
24
US. Rubber $8 prd,
85.
201
U.S. Smelting
*593*
11/
U.S.. Steel
62
Vanadium
28.
45
Vultee Aircraft
24
Walworth Co. .....
14
118
Warner Bros. Pict.
3.
21
Westinghouse Elec.
93+
Woodward Iron Cor.
283
321
Chase National Bank
30*
Glasa
354
National City Bank
25*
221
Libby. Monell & Libby
317
DOW JONES AVERAGE
1940/41 Bigh Low Dow Jones Averages 162.80 111.84 30 Industrials
Raila 32.67 22.14 20 26.48 18.03 30 Utilities
Bonda 92.19 83.06 40 64.07 48.47 11
Feb. 14, 1941.
Feb. 11,
122.61
27,92
High Low Close 12216 10.57 121.10 27.79 27:45 .27.50
Change 1.81 off
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the HONGKONG
SHANGHAI BANKING COR PORATION, Bules may be obtain: ed on application.
For the HONGKONG & SHANGHAI
BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 28th Feb., 1938.
THE CHASE BANK
|
BANK OF EAST ASIA, LIMITED
Authorised Capital...$10,000,000.00 Paid-Up Capital Reserve and Undivided
Profits
5,598,000.00
Head Office:-HONG KONG No. 10 Des Voeux Road; Central
Board of Director.
15; QUEEN'S ROAD, CENTRAL HON. SIE SHOUBON CHOW, Chairman
18, PINE STREET.
NEW YORK. An American Bank offering com- picte Foreign Banking Service in the principal Markets of the world.
Interest Rates on Application.
·SAFE DEPOSIT BOXES
This Bark is entirely owned by THE CHASE NATIONAL BANK, NEW YORK, with Resources of over U.S.83,800,000,000
D. L. BALLANTYNE,
Manager.
THE MERCANTILE BANK OF INDIA, LIMITED
Head Omcos-15. Gracechuren Street, London, EC.S
Autberid. Capital"
£3,000,000
Li Koon Chan, Esq. Li Lan Sanz, Esq.
Wong Cha Son, Baq Fung Ping Wah Esq.
P. K. Kwok, Esq. Wong Yun Tong, Esq. Chan Chang Shok, Bag, KAN TONG Po, Esq., Chief Manager Hos. Mr. Li Ta Foxo, Manager
Branches and Agencies.
Howloon Prownic Loudon Lang
Singapore
BAKKORK Balgon Swatow
viduo Tienbein
Melbourne Bar Fran- Sydney -
Perlu
Poping
Semarang
Vascorrer
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 Gue year Of
shorter periods in Local and Foreign Cur rencies on termi which will be quoted on application.· ́
SAFE EETOSIT BOXES TO LET.
TKAN TONG PO,
Chief Manager.
2,903,261.50
Amay
Batavia
kobay
Manila
Calcata
Balisong Hakow
Nagasaka New fork
Seattle
Subscribed Capital
.38 of
Paid-op Capital ..
10.81
19.81 19.19 18.28
.33 off
Reserve Find and Bast.
£1,900,000
21,050,000
:. 21,254,683
Commodity Index
$0.69 55.71
97.33 58.60 Business Done: 640,000 shares
.38 off ...29 up
BANKERS: