(REUTER'S SERVICE)
NEW YORK, Feb. 17, 1941.
New York Cotton, March
New York Rubber, March annen. Chicago Wheat, May-............................................. Chicago Corn, May New York Hides, "March NEW YORK COTTON
B01
Prev. Today's High Low Close Close Change 10.24 10.17 10.18. 10.19. .01 Up 20.55 20.50 20,25 20.55 .03 up
791 78 79 78 601 59)
1 off
59jb
13 of
STOCKB
12.63 12.55
12,72 12,55
.17 off
Adams Express
Close
Opening
Closing
Change
Alleghany Steel Co.
420
March
10.18/18
10.17/17
10.19/19
.01 up
Allis Chalmers.
52 3/4
May
10.14/15
*10.13/13 10.17/17
03 up
Aluminium Ltd,
July
10.00/01"
9.98/99
10.02/02
,02 up
Amer. Can
102 1/2
October
9.54 N
9.51/50
9.55/55
,01 up
American Cyanamaid B....
December
9.52/52
9.49/50
9.52/53
unch
4.
Amer. & Foreign Power
Transter.1
January
8 1/2 Spot .....
9.50 N 10,69
9.49/49
9.53/53
.03 up
Amer
Foreign $7 pt.
10.70
.01 up
Amer. Locomotive
Amer. Metals Co. v... 1024
Amer. Radiabor
יד
Amer. Rolling Mill
Amer. Sting and R'ing Co.
Amer Sugar Refining
20.25/25
May
July New contract)
September (
· 20.110 19.70/70 >..... 19.45n
20.35b 20.55, 35 20.250 20.396/408 19.90b/20.05a 19.95/95
19.72b/75a 19.76/75
30 up
Amer. Tel, & Tel.
.28 up
Amer. Tobacco "B".....
25
up
Amer, Waterworks
27 "up
Anaconda Copper sing
104 1/2
Atchison, T. & 3. Fe.......
On Manlia:-
On demand
viation Corp. "...............
48 1/4
Baldwin Lecometive
PAGE 10-HONGKONG. DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND. EXCHANGE
CLOSING QUOTATIONS
FEBRUARY 18, 1941.
On London:-
Telegraphic Transter. 1/8 7/8 Bank Bills, on demand 1/27/8 Credita 4 months' sight
On Shanghai:---
On demand
On Singapore:-
On demand
On Japan:
On demand
On India:
Telegraphic
NEW YORK · COMMODITY MARKET
and demand .....
On New York:—
Bank Billa, on demand 24 1/91 Crediis, 60 days' sight 24 7/4.
On Batavia-
On demand... 45 3/4
On Paris:---
Bank Bills, on demand Now, Credits 4 months' light Nom.
Total sales Saturday:-80,000 bales.
The first notice day for March Cotton is 25/2/41 and last day is 14/3/41
NEW YORK RUBBER
March
On Saigon
On dernand
Total sales:-170 tons. CHICAGO WHEAT
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
FEBRUARY 18, 1941.
F63
WEDNESDAY, FEBRUARY 19, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
INDIA, AUSTRALJA
AND CHINA
་་
Authorised Capital... $50,000,000
Issued & Fully Paid-Up #20,000,000 Incorporated by Royal Charter, "1850
Reserve Funds:
Paid-Up Capital
£3,000,000 Sterling.............................. £6,500,000 Reserve Fund
£5,000,000
B.E. Currency Reserva $10,000,000 Reserve Liability of Pro- Reserve Liability of
...£3,000,000 prietors
'HEAD OFFICE: LONDON:
Hon Mr. T. E. Pearce,
;י
Hon. Mr. A. L. Shield, Sir Vandeleur M. Gragburn,
38, Bishopsgate E.0,2.
Sub-Agencies In London: 117/199, Leadenhall Street E.C.a. West End Branobi
14/16, Cockspur Street, ¦ S.W_1. Manchester Branch:" 52, Mosley Street, Manchester, 1
ALOR STAR
AMRITSAR
BANGXOT
AGENCIES AND BRANCHES ·
HONG KONG PENANG
BANGOON ILGILA
SAIGON IPOR
KARACHI KLANG
KOEN KUALA
BATAVIA
BOMBAY
DALCUTTA
AGENCIES: CLIVE STREET PAIRLIK PLACE
Chief Manager. | CANTON.
LOX?UE
..
SEREMBAN
SHANGHAI
KINGAPORI
SITIAWAN
ROUMAKAYA
TALPING TIENTSLE TONGKA
(Bhuket)
Last Sale
1.
STOCKS
Last Sale
Proprietors
„$90,000,000 |
-Feb. 17
Feb. 17
51
Loft Incorperated
14
Head Office:-HONG KONG
20+
Mack Truck Inc.
261.
Martin, Glen L.
23
703*
McKesson & Robbins, pís. 241
83
Montgomery Ward
357
311
M'tain City Copper Co.
21
13/16
National Aviation ".
81
Board of Director1: Hon. Mr. J. J. Paterson,
Chairman. W. H. Bock, Esq..
Deputy Chairman.
15+
Nak. Dairy Products
134
J. K. Bousfeld, Esq.,
121
National Distillers
21
A. H. Compton, Esq.,
16
National Lead ......
16
L J. Davies, Esq.,
6
Nat, Fower & Light
OL
Hon. Mr. S. H. Dodwell,
123.
National Supply Corp.
51
G. Miskin, Esq.,
39
New York Cential ......
12
K. S. Morrison, Esq.,
131
Niagara Hudson Rower
21
1593
N. American Aviation.
138
68
A
North American. Co.
.15
51
22
1.
Northern Pacific
51
Owena-Illinois Glass Co.
43
201
Branches:
Pacific Gas & Eleg
26.
4
Packard Motors
23
Amoy
141
Pan-American Airways
12)
Bangkok
On Bangkok:-.
On demand
On Sterling Notes:-
Bar Bilver per oz
May
148 1/9 July
September
798/79
732/731
74/74
791/79/
78/781
1 of
Baltimore & Ohio
3
Paramount Pictures
LOA
Batavia
Johore Rangoon Koba Kowloon
CAWNPORN 0.30 COLOMBO
KUCHING
MADRAS
MAKILA
Saigon
DXLH1
MEDAN -
TAINGTAL
San
BAIPHONG
74,741
731/73
1 off
Barber Asphalt Co.
31
Pennsylvania B.R.
Bambay
Kuala
Francisco BAMBORG
NEW YORK PEIPIFO
TOKOKAMA
731/734
i off
Barnsdall O
81
Calcutta
Shanghai
Philadelphia Read, Coal
Tuesday, Feb. 18-
no
done.
Bank Buying Rate... Now,
Market Repori
FROM ROZA BROS.
Suver prices were unchanged March yesterday. the quotations remain June
ing at 23.174 for both Ready and
Forward Silver advices reported
the market as being steady with NEW YORK COÇOA
"business
Silver was quoted at 348/4 for May
Bendix Aviation
33
Canton London
Singapore
Saturday's sales:-4,808.000 bushels.
Phillips Petroleum
23 1/4
Bethlehem Steel
*27
Chefoo Lyons
Scurabaya
Public Service of N.J.
CHICAGO CORN
Bliss Co.
141
Colombs
Malacca
Sungei
Pullman Inc..
Dairen
Manila
Patani
May July.
6047604
801/601
801/60) 60/60
591b
11 oft
Boeing Airplane Co.
141
Pare Ol
74
Foochow
Muar
Swatow
September
592/594.
591/591 581/587
ON
Borg-Warner
•17
Radio Corpo, of Am,
4
off
Briggs Mfg.
201
NEW YORK HIDES «
Budd M'facturing Corp.
37
Reading Company, Com 124
Bankow
Remington Arms Co., Inc. » 54′′.
Harbin
Canadian Pacific R'way
31
12.72/72 12,60/63
I
12.68b/778 12.55/55 12.55b/70a 12:47b/49a
.17 of
.13 off
Case, I
451
Republic Aviation Corp.
Iloilo
37
Celanese
231
Republic Steel
171
Ipob
Revere Corp.
83
Total sales for the day:-35 contracts
Chesapeake & Ohio
391
| Reynald Todac. "B"
Chrysler CorpIL
64
Columbia Gas & Elec. ....
46
Bateway Stores
38
American March
5.54 N 5.63 N
5.55/63 5,70/70
5.62 N 5.69/89
.08 up
06
Commercial Credit Co....
291
Schenley Distillers
91
up
Sears Roebuck
69%
Com, & Bouthern (Ord.) ...
11/16
#
Shell Union 'ou"
II
quoted on application.
#pot.
The London-New York cross- rate was quoted at 402.1/2. New "York-London was quoted at 403-
1/4
MARKET
NEW YORK SUGAR NO. 3; March May
Consolidated Edison...
211
Socony-Vacunum Of
82
SAFE DEPOSIT
2.03b/04a
2.08b/09a
2,05b/08a 2.10b/11a
02 UR
Consolidated Onl
52
.02 up
Continental Can
361
Southern Pacific.
84
various sizes to let
Dollars
sellers at 24.9/18 for
Quiet for Sterling. US. were firmer
STERLING
There were sellers at 1/3 Feb.- April, buyers at 1/3-1/32 for Cash..
U. S. DOLLARS
Volume of business done:-246 Iota NEW YORK SUGAR NO. 4:
March May
Volume of business done unreceived, ~
The first notice day for March is 17/2 and last day is 28/2, NEW YORK COPPER, FUTURES
Opened with sellers at 247/16. March Subsequently sellers were offering July
24.1/2 without
attracting any N.Y. Official Silver unquoted buyers. The market closed with NY-London Cross Rate 4.03-1/4
probable buyers at Cash
Cash and
24.11/16 for
SHANGHAI DOLLARS Opened with sellers at 427, The highest rate touched was 129.1/2. "Business was arranged at various rates and at the close there were sellers at 427.1/2 for Spot.
SHANGHAI MARKET,
LONDON STOCK EXCHANGE
(REUTER'S SERVICE›
London, Feb 17.
The following quotations are the Sterling opened with sellers at middle prices at the close of the 3,15/32. The market was steady market in London. All quotations and last advices indicated sellers are subject to confirmation and no at 3.1/2 for Spot. US. Dollars responsibility is assumed for errors
at 5.21/32 transmisalon. opened with sellers for Spot. The market was firm morning. Last throughout the advices received indicated sellers at 5.3/4 for Spot.
Shanghai Exchange
Shanghai, Feb. 18 (Reuter).
'Official T.T. 'Rates:
War Loan, 31% (Red,
after 1952) Defence Loan, 3%.......
· 1011 Janton-K'loon Rly. 6% 13 Chinese 41% Gold Iwan
1898 (Brit Issue Chinese 5% Gold Bonda.
1925/47
SILVER MARKET
LONDON SILVER
London, Feb. 17 (Reuter). Silver Market steady. Business very small. In the afternoon, the market was steady with no busi- ness.
Spot, 23-1/4d.
Forward, 23-1/4.
BOMBAY SILVER Bombay, Feb. 17 (Reuter),
Oftake 300 bars,
Market-Quiet.
Continental Oil
181
Southem Rly $5 pfd.
201
TRUSTEE
and
BOXES
EXECUTOR
Spicer Manufacturing Co.
31*
business undertaken.
HANKOW Lumpur
Haiphong. (Johore) Tientsin
Tokyo
Mukden New York Tsingtao Peiping Yokohama Penang
CURRENT ACCOUNTS opened
(Peking)
FORKUN Exchange and General Banking Businem transacted.
CURRENT ACcotiers opened and PIXED DEPoStrs received for On Year or shorter periods in Local or Other Currencies at rates whicl will be quoted on application.
Savings Accounts al openeť 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 of terms which may be ascertained at
any of the Agenoies and Branches.
RA. CAMIDGE,
Manager.
Copperweld Steel
142*
Standard Brands
8
Curtiss Wright (C.)
73
.660/66)2,56).67 .70b;.703a714/714
.891b/.700. .73b/.7810
.03 up .03 up
Curtiss Wright "A"
Deere & Co......
Distillers Corpn. Sesgrams.
Douglas Aircraft
Du Pont de Nemours
Eagle Fichier Lead
11.49b/54a 11.30b/402
11.45b/55a 11.300/40a
11.52b/55a .03 up 11.406/472 34-344 4.03-1/4
Eaton Mig. Co.
10 up
Elec. Autolite ..... Elec Bond & Share
Elec. Bond & Share $5 pf.
Elec Bond & Share $8 pt.
Elec. Power & Light $7 pf.
Flintkote
Gen., American Trans.
Gen. Electric
Gen Motors
Gen. Rallway Signal.
Gen. Tire & Rubber. Glidden Co
Goodrich (B.F.) L
Goodrich $5 pf.......
Goodyear Tire & Co.
Great Northern Iron Ore ..
Great Northern Rly, pid.
Great Western Sugar
'Greyhound Corpn.
Indian Mint Silver
Hercules Powder Co
103-7/16
Ready Feb. 21 Settlement Mar. 25 Settlement
63-03
Homestake Mining
€3-02
Int Nickel
63-00
Inter. Paper & Power
Int. Tel: Tel.
Johnsman
44
Great Western, Rly.
302
Kentecott Copper
Opening
London
0/3-3/8
Chin: 44% Anglo-French
Loan, 1908
ཝཱཏྭཱ
42 to 47 National Bank of India
31
Libbey-Owens-Ford Glass
B.-A. Tob (bearer)
90/7
Lockheed Aircraft
145
Dunlop Rubber
32/101
Loew's Inc.
New York..................
5-1/2
Chinese 5% Crisp Loan-
Bristal Aeroplane
10/6
Japan
22-3/8
1912
26
Imperial Chemical Ind.
29/-
India
18-3/4
Chinese 5% Reorg. Lóan.
United Steet
21/9
Paria
nominal
1913 (Ldn. Is.)
34
Woolworths
51/10/
Hongkong
22-3/8
Chinese 8% Bter. Notes.
1925 (Vickers)
Marsman. Investments
8/3
10
Western Holdings
9/3
!
Sterling
Chin. Imperial Rly. 5%
BUD-Nigel
145
Spot
Feb.
Sellers
Opening Closing 0/3-15/32 0/3-1/2 0/3-15/32 0/3-1/2
Khell
Loan fonan Rly, 5%
47
Trans & Trad.
18
Mar.
0/3-29/84 0/3-31/84
Hukuang Rig 5%, 1911....
LP. N/Y Issue)
(bearer).
-bid:
41//3
Tex, dy
Hukuang Rly. 5%. 1911
U.S. Dollars
Spot
.36-21/32.
$5-3/4
Feb.
Mar,
5-21/32 5-$18
5-3/4 5-23/32
German Issue).... Lung Taing & U: Hai
Rly: 5% 1918
13
14
6'hal-N'King Rly. 5% Tientsin-Pukow RIF. 5%
(Brit. Stpd.) Tientsin-Pukow Bly. 5%
(German' Stpd.).
16
**
15.
55
15
Operating Services for Cargo and Passengers".
TO-
Market-Quiet.
Silver Daly Rate
The Central Bank of China's rate on London at..10 am, today was 1/2-1/24.
The Equalisation rate was 23-1;4 per cent.
Calcuts Exchange
Calcutta, Feb. 17 (Reuter). T.T. on Japan, 81-1/4.
India Rupee Paper
Bombay. Feb. 17 (Reuter), Govt. 31% Rupee, 95-02-0. LONDON METALS.
EXCHANGE
Londen, Feb. 17 (Reuter).
Tientsin-Pukow Bly, 5%
(Brit. Stpd. Supl, Loan)" 15 Tientsin-Pukow Rly. 5% (Ger. Stpd.. Bupl. Loạn)
Jap. 6% Ster. Loan, 1924 201-24 Ger. 7% Intl. Loan, 1924 Chartered Bank ....
HF & Shai Bank (Ldn
Reg)
8.
ཨྰཿཊཿseR ཻ
INDO-CHINA
HONGKONG SAVINGS
The Business of the above Bank is conducted by the HONGKONG SHANGHAI BANKING COR- PORATION. Rules may be obtain
don application.
For the lowGRUND & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong 25th Feb., 1930.
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PINE STREET.
NEW YORK An American Bank offering com- Plate Foreign Banking Service in the principal Markets of the world.
SAFE DEPOSIT BOXES
This Bank is entirely owned by THE CHABE NATIONAL BANE, New York, with Resources of over U.S.83,800,000,000.
D. L. BALLANTYNE,
Manager,
BANK OF EAST ASIA, LIMITED
5,598,600.00
Authorised Capital...$10,000,000.00 Paid-Up Capital Reserve and Undivided
Profits
2,983,261.50
Head Office:-HONG KONG No. 10 Des Voeur Road, Central
Board of Director.
HON. SIR SHOPSON CHow, Chairman Li Koon Chun, Esq. Li Lan Sang, Esq,
. K. Kwok, Esq. Wong Cha Son, £q. Wong Tun Tong, Esq. Fung Ping Wah Esq. Chan Chang Sbck, Esq.
KAN TONG PO, EEQ, Chief Manager HON. MR. Li Tsa Foxo, Manager
Branches and agencies:
• Loudon Manita
Melbourn
Nagumka
Penang
Bingapore Hangoon Bourabaya Batron
SWAŁOW
San Fran- 8ydney-
aleco sti
Semarang Shangha
Van Outer
Every description of Banking and Exchange busiuses transacted. Loans granted on approved securities.
Current Accounts opened in Loomi Currency and Fixed Deposits re- ceived for one year or shorter' periods in Local and Foreign Cur terms which will be BANK,rencies on
quoted on application.
SATE LIPOSIT Box To Le
KAN TONG PO,
Ohief Manager,
THE MERCANTILE
OF INDIA, LIMITED
Hand Omco15, Gracechurch Street, London, EC3
Authorised Capits!
Subscribed Capital Paltop Ongilai
w
g
BANKERS:
£1,900,000
21,030,000 .. 21,254,030
The Bank of England and Midland
Bank, Ltd. BRANCHES:
Blogkok
Bombay Սումգտնել Colombo Delhi Galle
Hongkong
Howrah
Jatan
Ext
Karohi
Kota Bharu
Kuala Lip!
Knzia Trengg Madras New York
Pering
Kak Lumper. Blagspore
HONG KONG BRANCH:
STEAM NAVIGATION COMPANY LTD y desplies of Basking, and Exchrege
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and 'OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG,
All steamers berth alongside
the French Concession at
Shanghai, where passengers,
and cargo are landed.
For further particulars
*****
70
HK & Bhai Bank (Cal.
Peg)
the Roosevelt Terminal in
77
Chinese Erfg. & Mining
(bearer)
+18/~
Chonen Corporation ...... Mercantile Bank of In-
dia, 25, "
4/-
Pekin Syndicate
11-1/8 1/6 15/-
·13-1/2 20
Gula Kalumpong Rubber 15/73 Lon., Mid, & Scot, Rly. 144
Tin, Standard, Cash, Middle s'hal Eled. Constr. Co.
Price, £266-1/4.
•
S'hai Waterworks "A" .... Tin, Standard, Cash, Middle Onton Insurance Price, 2284-3/8.
Market strong.
please apply-to-
JARDINE MATHESON& Co TELEPHONE ZOJILIGENERAL MANAGERS
businem transacted.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL. $40,000,000.LAF (BRANCHES ALL OVER CHINA) Owing to our numerous Branenes in China and connections in the principal Commercial Centres of the World, we are able to extend to our Clients special facilities for D. BENSON LEE
Domestic and Foreign Banking and Exchange.
TRUSTEE AND EXECUTORSHIP.
*UNDERTAKEN QUEREST ACCOUNTS opened in Local D. reboy and FIXED DEPOSITS received is Lol Currency SELLING of terms that may o savestained op war Bastion,
What do
|. .
you want?
If there is anything you want to buy or Bell, try a small Classified advertise- ment in the, Hong- kong Dally Press.
25 words $1.50 prepaid for 3 insertions.
Head Office:-SHANGHAL Hong Kong Branch!
4, QUEEN'S ROAD, C.. South China Offers:
CANTON
SWATOW
SHIUCHOW -'
KONGMOON. TUISHAN
KINGCHOW.
We also handle the issue of Bonds and other Püblo Funds of the Chinese Government both at Home and Abroad.
SHOU J. CHEN
Manager,
26
Stand Gas & Elec.
Standard Oll of California
18)
19#
161
Standard 0 of NJ.
34
BANK
Btone & Webster
66
141
Studebaker Com
Swift International
18
87..
Technicolor
**
30
Texas Corpn.
35
28
31
Texes. Gulf Sulphur
351
544
Timken-Axle
283
Trans-America Co.
62
28*
20th Cent. Fox
6
122
Union Bag & Paper Corp
101
50
Union Carbide & Carbon
611
314
Union. Pacific
761
THE CHASE BANK
418
United Aircraft
36
........
123
United Airlines Trans
121
103*
United Corpn.
13
United Cornn, $3 cum pr.
12
United Gas Cerpri, ..........
14 254 11/18
59*
United Gas Improvement
81
167
U.B., Industrual Alcohol.
22
131
US. Rubber
*18
23
US, Rubber $8 pfd.
82
21
U.S. Smelting
58*
U.8. Steel
573
Interest Rates on Application,
107
631
Vanadium
27
J
.......
464
Vulte Aircraft
***
234
Walworth Co.
41
Amoy
Batavia
Bambay
Catoptica
Halphong Hankow Homolelu
K
New York Seattle Parte Pet
Kowloon
114
Warner Bros. Pict.
21
21
Westinghouse Elec.
911
551
Woodward Iron Cor......
313
Chase National Bank
35+
National City Bank
"211
Libby. Monell & Libby
314
1
DOW JONES AVERAGE
1940/41 Bigh Low Dow Jones Averages 1680 111.84 30 Industrials
Rails 32.67 22.16 201 26.45 1803 20. Utilities
Bonda
09.19, 83.06 40 64.07 48.47 11
Feb. 18, 1941.
Feb. 15,
118,65 20.05 1.85 19.15 18.94 18.04 89.81
High Low Close
Change
119.78 118.70 118,18
.61 пр
- 28.90 26,74 28,70
,14 ap
Beserve Fuad and Rest.
.09 up
89.85
.04 up
Commodity Index 56.49
65.45
.01. off
Bukiness Done:-300,000 shares
:.
£3,000,000
Rangoon
. Shanghai
Skol