Prev. Today's
High Low
Dn London:-----
Telegraphic
Transfer, 1/2 7/4
Bank Bills, an demand 1/2 7/4
On Shanghal;—
On demand
420
New York Cotton, March New York Rubber, March Chicago Wheat. May Chicago Cora May New York Hides, March
NEW YORK COTTON
10.39 10,32
10 29
Close Close Change
10.37
.08 up
21.05
20.75
21.15
20.78b 37 Of
B14
794-
791
811
1 p
614
601
614
611
4 off
12.78 12,61 12.65 12.61
.04 of
adams Express
On Bingapore:-
March.
Close
10.20/29
Opening
Closing
Change
Alleghany Steel Co.
.10.32/32
10.37/37
.08 up
Allis Chalmers
On demand
52 3/4
May
10.34/34
.06 up
Aluminium Ltd.
On Japan:-
July
10.15/15
10.15/15
10.21/22
.06, p
Amer. Can
October
9.68/88
9.68/68
9.72 N
.04 up
American Cyanamid B.
On India:-
December
Telegraphic
Transter.
82 1/2 January
Spot
9 66/66 9.64 N 10.80
9.65b, 678 9.63b/65a
9.70/70
.04 up
Amer, & Foreign Power
9 88 N 10.93
.04 up
Amer & Foreign $7 pf.
.13 up
Amer. Locomotive
On New York:-
Amer. Metals Co.
Amer, Radiator
Amer. Rolling Mill
On Batavia:----
Amer, S'ting and R'ing Co.
On demand
48 1/4
#
Amer, Sugar Refining
On Paris:-
21.15/15
21.00b/15a
Bank Bills, on demand Nom. Credits 4 months' dight Nom.
May
21.03/04
20.95b/99a
July (New contract)
20.40/40
unduated
On Baigon:
September ( 1
... 20.27/ET
20.20/25
20.78b/6ba 20.73, 73 20,10/10 19,03b/95a
-37 off
Amer, Tel, & Tel
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS FEBRUARY 21, 1941;
Credits 4 months sight
On demand ........... 102 1/2
NEW YORK COMMODITY MARKET (REUTER'S SERVICE)
NEW YORK, Feb, 20, 1041.
10.28/28. 10.29/29
and demand.......
Bank Bills, on demand 24 1/8 Credits, 60 days sight 24 7/9
Total sales Wednesday:-45,200 bales.
The first notice day for March Cotton is 25/2/41 and last day is 14/3/41
NEW YORK RUBBER
March
NEW YORK STOCK EXCHANGE
STOCKS
QUOTATION
(REUTER'S SERVICE)
FEBRUARY 21, 1941.
SATURDAY, FEBRUARY 22, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital 850,000,000
INDIA, AUSTRALIA
AND CHINA.
lagued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, 185#.
Reserve Funds:
Paid Up Capital £3,000,000 £6,500,000 Reserve Fund
Sterling
£3,000,000
H.K. Currency Reserve $10,000,000 Reserve Lisbility of Pro- Reserve Liability of
prietors
..£3,000,000 Proprietors
HEAD OFFICE: LONDON:
..$20,000,000
Head Office:-HONG KONG
38, Bishopagate E.0.2. Sub-Areneles In London:
117/122, Leadenhall Strict, E.0.1. West End Branch:
14/16, Cockapur. Street, S.W 1
Manchester Branch: 59, Mosley Street, Manchester,
*
AGENCIES AND BRANCHES- ALOE STAR HONG KONG PINANG AMRITSAR.
SLANGOON
Last Bale
STOCKS
Last Sale
Feb. 20.
Feb. 20.
57
'Loew's Ind.
321
201
29
Loft Incorperated
18
Mack Truck Inc.
261
712-
Martin, Glen L...
24
841
McKesson & Robbins, pr. 248
321
Montgomery Ward
351
Board of Directors: Hon. Mr. J. J. Paterson,
W. H. Lock, Esq.,
Chairman.
13/16*
M'tain City Copper Co.
21+
Deputy Chairman.
151+
National Aviation
"8%
J. K. Bousfeld, Esq.,
13
Nat, Dairy Products
131
163
A. H. Compton, Esq.,
National Distillers
211
L. J. Davies, Esq.,
6
National Lead
16
Hon. Mr. 8. H. Dodwell,
12).
Nat, Fower & Light
.61
4. Miskia, Esq.,
397
National Supply Corp.
51
K: S. Morrison, Esq.,
141
New York Vential.
12
Hon. Mr. T. E. Pearce,
1571
Niagara Hudson Power
27*
,30 of
Amer, Tobacco "B"
694
,30 off
Amer, Waterworks
N. American Aviation
134
51
North American Co.
151
.34 off
Anaconda Copper
334
On demand
104 1/2
Northern Paclic
G+
Total sales:-870 tons.
Atchison, T. & 9, Fe.
222
Op Manila-
"
Owens-Illinois Glass Co.
401
Hon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,
Chief Manager.
Branches:
BATAVIA
BOMBAY
CALOUTTA
ILOILO
IPOR КАЗАСНІ
SAIGON
SER EUBAX
SHANGHAI
KLANG
AGENCIES. KOBE
CTX STREET KUALA
FAILIK PLACE LUMPUR
CANTON
DAWNFORM
CEBU
KUCHING
MADRAS
SINGAPORA
SITIAWAN
„SOU BABAYA
TAIPING
TIENTSIE TONGIAM
ВАМОКОК
Aviation Corp.
37
On demand
48 1/4
CHICAGO WHEAT
Pacific Gas & Elec
26)
Baldwin Lecometive
147
Amoy
Jobore
On Bangkok:---
May
792/791
797/80
81/81
On demand
149 1/2
July
75/76
751/751
75/757
קון !
On Sterling Notes:-
September
758/76
76,78
555
up
Baltimore & Ohlo ...ị.
34
Packard Motors
27
Bangkok
Pan-American Airways
123
Batavia
Kobe Kowloon
Rangoon Saigon Soa
COLOMBO DALHI
MANILA
YIDAN
(Bhuket)
THINGTAL
Barber Asphalt Co.
8*
Barnsdall Ol
役
Paramount Pitures
103
Bombay Kusla
Bank Buying Rate
Now.
Bar Süver per os
23 3/8
Wednesday's sales:-9,853,000 bushels,
Bendix Aviation
347
Pennsylvania R.R
223
Ualcutta
Lumpur Shanghai
Francisco BAMBURG
EANKOW
Bethlehem Steel.
77
Phillips Petroleum
Canton
London
361
Singapore
Chefoo
·
Lyons
CHICAGO" CORN
Public Service of N.J.
261
Sourabaya
Bliss & Co.
152
Colomb
Malacca
Sungei
July
...... 9.66/66 5.73 N May
NEW YORK SUGAR NO. 3: The London/New York 'cross rate was quoted, at 402.1/2. New March York/London was quoted at 3/4.
Market Report
FROM ROZA BROS.
Friday, Feb. 21.
Suver The price for Ready was unchanged yesterday at 23. 3/6. but the Forward tate dropped
Total sales for the day:-231 contracts: 1/16 to 23.5/16. Silver advices re- ported the market as being quiet NEW YORK COCOA with nothing doing
American March
Silver was quoted at 34.3/4 for Epot.
May.......
618/618 611/611
611 611
off
Boeing Airplane Co.
14
Pullman Inc.........................
234
Dairen
Manila
Patani
September
€01/601 60,60
603/601
60/604
off
Borg-Warner
181
Pure 01
7
Foochow
Muar
Swatow
557/597
off
Briggs Mig.
214
Radio Corpn. of Am,
4
tisiphong
(Johore)
Tientsin
NEW YORK HIDES March June
Budd M'facturing Corp.
31
Reading Company,
Com
123
Bankow
Mukden
Tokyo
12.65/65 12,72/74 12,80/82
12.70/71
12.61/65
.04 off
Canadian Pacific R'way
31
Remington Arms Co., Inc.
41*
Harbin
New York
12.78/81
,06 up
Case," JI
47)
Republic Aviation Corp.
34
Republic Steel
18+
Iloilo Ipoh
Peiping
Penang
Celanese.......
23
Chesapeake & Ohio
40
Revere Corp:.....
Chrysler Corpn.
66
Reynold Tobac. "B"
5.70/70 5.78/78
5.78 N. 5.84,86
סט 12,
Columbia Cas & Elec.
4
Safeway Stores
,11 up
Commercial Credit Co.
291.
Schenley Distillers
91
Com, & Southern (Ord.)
11/16
Sears Roebuck
71
Shell Union Oll
11
Consolidated Edison
201
quoted on application.
402-May
2,080/09 2.13b/14a
2.09b/118 2.15b/16a
.01 up
Consolidated on
97
Socony-Vacuzur Oil
SAFE
.02 up
Continental Canı
37
Southern Pacific
31
various sizes to let.
||
Continental Oil
11
MARKET
Copperweld Steel
Quiet.
STERLING
.69b7.701 .72b/.73a
Curtisa Wright, (C.)
..01 up unch,
Curtles Wright "A"
Deere & Co.
Distillers Corpn. SeagramA
Douglas Aircraft
Du Pont de Nemours
Some.
Eagle Picher Lead
11.55b/60a 11.52b/65a 11.65b/742 11.44b/50a
11.40b/50a- 11.55b/60s.
34-3/4 4.02-9/4
,10 up
Baton Mfg. Co.
11
up
Elec. Autolite
Elec Bond & Share
Elec, Bond & Share $5 pt.
Elec Bond & Share $6 PL.
Elec. Power & Light $7 pt.
business
Fintrote
Gen. American Trans.
Gen, Electric .........
Gen Motors
Gen. Railway Signal
Gen. Tire & Rubber
74
Glidden Co.
Goodrich (B.F.)
Peg)
76
Goodrich $5 pf.
Chinese Eng. & Mining
Goodyear Tire & Co.
(bearer)...
Great Northern Iron Ore ..
18/-
War Loan, 31%
Red,
after 1952) ......
£
103-9/18 Pekin Syndicate
1011
Chosen Corporation Mercantile Bank of In-
dia. £5, "G",
4/-
Great Northern Rly, pfd,
Great Western Sugar .......
11-1/8
Greyhound Corpn.
1/6
Hercules Powder Co. (...
13
S'hai Elec. Constr. Co.' 8'hai Waterworks "A" ... Union Insurance
15/-
Homestake Mining
Int Nickel
13-1/2
20
Inter. Paper & Power
44
Gula Kalumpong Rubber 15/7) Lon, Mid, & Scot., Rly. 138
Int. Tel, & Tel.
Johnman
42 to 47 Great Western Rly.
351
46
National Bank of India 32) B.-A. Tob (bearer)
90
Keruecott, Copper
Libbey-Owens-Ford
Lockheed Aircraft
Dunlop Rubber
32/71
26
Bristol Aeroplane.......
10/6
Imperial Chemical Ind
29/3
:
34
United steel
20/10)
Woolworths
51/9
1940/41
10
Marsman Investments
6/3
Western Holdings
9/9
High Low Dow Jones Averages 152.80 111.84 30 Industrials
47
|Sub-Nigel
-147/6
3267 22.16 20
10.
shell
Trans &
Trad
26.45 - 18.03 20
92.19 83.08 40' Bonda
(bearer)
40/71*
84,07 48.47 11
15
•-bid.
Volume of business done:-576 lots.
NEW YORK SUGAR NO. 4:
March
There were sellers at 1/3 Feb May ruary-April, buyers at 1/3.1/32 for Cash.
.6&b/6940 .56b/.70% .72b/.724a .71b/.75a Volume of business done:-232 lots. The Last notice day for March is 28/2. NEW YORK. COPPER" FUTURES reported was early in the morning at 24.1/2 for March
The market closed with July March. sellers at 24.7/16 for Spot, buyers NY. Official Silver
U. S. DOLLARS business
at 24.1/2 for Cash.
SHANGHAI DOLLARS
34-314 NY-London Cross Rate 4,02-3/4
NOTE: A1, American markets will remain closed on Saturday, Opened with sellers at 433.1/2 Feb, 22 (Washington's Birthday). for Spot. Later some
was arranged at 434.1/2 and also
434 1/4. Closed with sellers áti 434.1/2, buyers at 435.
SHANGHAI MARKET
Sterling opened with sellers at 3.15/32 and closea at Noon a shade
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Feb. 20. HK & Shal Bank (Lan The following quotations are the¦ Reg.) easier with sellers at 3.7/18 for middle prices at the close of the K. & & hai Bank (Col Spot. U. S. Dollars opened with market in London. All quotations sellers at 611/18 for Spot and last are subject to confirmation and no advices indicated sellers at 5.5/8 responsibility k assumed for errors for Spot.
AFTERNOON. MARKET The "market was quiet in the U. S. Dollars were
afternoon. easter
"STERLING
There were sellers at 1/3 Feb- ruary/April, buyers at 1/31/32 for
Cash,
U. S. DOLLARS
The market opened with sellera at 24.7/16 resulting in some bust ness at 24.7/16 for Cash and 24.3/8 March and also Cash. The market closed with sellers at 24.5/16 for Cash and buyers at 24.7/18 for Cash.
SHANGHAI DOLLARS Opened with sellers at 434.1/2 and at the close there were sellers at 432.1/2..
||
'SHANGHAI MARKET". Opened with sellere of Sterling at 329/64 and closed with sellers at 3.15/32 for Spot. U. S. Dollars opened with sellers at 5.5/8 for Spot and closed with sellers at 5.21/32 for Spot.
Shanghai Exchange
Shanghal, Feb, 1 (Reuter).
Official T.T. Bates'
Opening
London
New York
Japan
India
Paris Hongkong
Sterling
Sellers
0/3-3/8
5-1/2
22-3/8
18-3/4 nominal
22-3/8
in transmission.
Defence Loan, 3% Janton-Kloon Rly. 5% Chinese 41% Gold Lan
1898 (Brit. Issue)
Chinese 5% Gold Bonds
1925/47
Chin. 41% Anglo-French
Loan, 1908 Chinese 5% Crisp Loan.
1912
Hai
Chinese 5% Reorg. Loan
1913. (L. 15.) ..... chinese 8% Ster. Notes,
1925 (Vickers) Chin. Imperial Rly. 5%
Loan Hunan Rly, 5% Hukuang Fly. 5%, 1911...
(LF. N/Y Issue> Hukuang Rly 5%, 1911
German Issue) Lung Tsing & Ứ
Rly. 5% 1013 S'hai-N'King Rly. 5% Tientsin-Pukow Rly. 5%
(Brit. Stpd.)" Tientsin-Puków Rly. 5%.
(German 8tpd.)................. Tientsin-Pukow Aly. 5% (Brit. Stpd: 8upl. Loan) Tientsin-Pukow Rly. 5% (Ger.Btpd. Supl. Loan) Jap. 5% Ster, Loan. 1924 Ger, 7% Int Loan, 1924 Chartered Bank
སྐ ཝ པཋ
Change
2.03 up
INDO-CHINA
STEAM NAVIGATION COMPANY LTD
13
14
18
15
15:
15
TO-
15
251
6
71
rate on London at 10 a.m. today was 1/2-1/2d.
The Equalisation rate was 24 0/3-15/32 0/3-15/32 per cent 0/3-15/32 0/3-15/32
Opening
Closing
0/3-29/64 0/3-29/64
Spot
Feb.
Mar:
U.S. Dollars
Spot
Feb.
·Mar.
$5-11/16-35-21/32
5-11/16
6-21/32
Market:-Quiet.
Rilver Duty Rate
5-21/32 5-6/8
The Central Bank of China's
Calcutta Exchange
Calcutta, Feb. 20 (Reuter). T.T. on Japan, 81-1/4,
India Rupee Paper
Bombay, Feb, 20 (Renter). Govt. 34% Rupee, 94-12-0
Operating Services for Cargo and Passengers.
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 AL Shanghai, where passengera and cargo are landed.
For further particulars
please apply to-
JARDINE MATHESON&Co.,LTD. TELEPHONE ZOJILDİGENERAL MANAGERS ·
Manager.
BANK OF EAST ASIA, LIMITED
PORATION. Rules may be obtain-Authorised Capital.....310,000,000.00
For the HONGKONG & SEANGHAI
V. M. GRAYBURN,
Chief Manager. Hong Kong. 25th Feb., 1930.
16, 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
THI CHASE
NATIONAL BANK, NEW YORK. with Resources of over U:S.$3,800,000,000.
D. L. BALLANTYNE,
Manager,
THE MERCANTILE BANK OF INDIA, LIMITED
£3,000,000
Head Gmes:-15, Gracechurch Strant, London, EC.3 Authorised Ospital 1,
abcribed Capital
Capital Restres Ved and floss,”
"
The Bank of England and Midland
Bank, Ltd. BRANCHES:
Bangkok "pok
Bombay
Calcetin
Calembe
Delhi Gulte
Bongkang Bonita
Jaa Кала
Kandy
Karachi
Kota Bharu
Kuala Lipis
Hua Lampat”:
Kas Treng Mad
New York Perang 4. Hangion Shaoghat"
Bim
HONG KONG BRANCH: Every description of Banking and Brohnage busineón transacked,
TRUSTEE AND EXECUTÓRSHIP
́UNDERTAKEN CURRENT ACCOUNTS opened in Coral Car rezor and FIXED DEPOSITS roseized in Local Carrey & STERLING on terms that may be aeriali qu'upation.
D. BENSON.
What do
Kanagar
you want?
If there is anything you want to buy. oz" sell, try a small Classified advertise- -ment in the Hong-
kong Daily Press.
25 words $1.50 prepaid
for 3 insertiona.“
Paid-Up Capital 5,598,600.00 Reserve' and Undivided
..2,933, 281.50 ...
Head Office:-HONG KONG No. 10 Des Voeur Road, Central
"
Board of Director.
HON. SIE SHOUSON CHOW, Chairman
Li Lao Sang, Esq.
Wong Chu don, Esq.
Fung Ping Wah Eaq.
Li Koon Chan. Esq. P. K. Kwok, Erą, Wong Yun Long, Esq. Chan Ching Shck, Esq. KAN TONG PO, ESQ., Chief Manager HoN. ME. La Też Foyo, Manoger
Branches and Agencies:
Melbou Nagka New York
spaciala. Paris Kove
PALER
Pinang Bingapore Kangoon Bourabays
Betros #wałow
Ban Fran- sydky
Tren
Beattle FARQaver Bearing
Shanghai
Every descriptilin of Bauking and Exchange business transacted, Loans granted on approved securities.
Current Accounts opened in Locs! Currency and Fixed Deposita re- ceived for one year for shorter periods in Local and Foreign Cur encies од terms which, will be quoted on application.
SAFE EXPORT Bőzen To LET.
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK PAID-UP CAPITAL $40,000,000,00 (BRANCHES ALL, Ovex CHINA) Owing to our numerous Bránenes in China and connections in the
principal Commercial Centres at the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and Exchange,
11
Head Office:~SHANGHAI
Hong Kong Branch;
4, QUEEN'S ROAD, C. South China Offiu:
CANTON
SWATOW
SEIUCHOW
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
17A
Southern Rly $5 pfd.
214
TRUSTEE and
Tsingtao Yokohama
"OURRENT ACCOUNTS opened
in Local Currency and FIXED-DE- POSITS received for one year or
NEW YORK PRIPING
(Peking)
YOKOHAMA
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT Accourts opened and FIXED DEPOSIT received for One Year or shorter periods in Local ox Other Currencies at rates which will be quoted on appliestion....
SAVINGE ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates obtainable on application.
The Bank's Head Office in London
shorter periods in Local and Other undertakes Executor and Trustee of Currencies on terms which will be business, and claims recovery
British Income Tax overpaid, on
DEPOSIT BOXES
of terms which may be ascerta ned at
any of the Agencies and Branches.
R. A. CAMIDGE,
EXECUTOR
BAIPHONG
148
Splcer Manufacturing. Co.
323
business undertaken,
71
Standard Brands ..
26
Stand Gas & Elec.
19
Standard Off of California
HONGKONG SAVINGS
161
Standard Oil of NJ.
BANK
65+
Stone & Webster
143**
Studebaker Com,
The Business of the above Bank
B
Swift International
134
s conducted by the HONGKONG
₺ SHANGHAI BANKING COR-
30%
Technicolor
9
281
Texas Corpn.".....
352
d on application.
37
Texes Gulf Sulphur
354
521*
Timken-Axle ......
237
BANKING CORPORATION.
Profite
601
Trans-America Co.
41
281*.
20th Cent, Fox.
51
13
Union Bag & Paper. Corp.
10%
511
Union Carbide & Carbon
637
314
Union Pacific
771
THE CHASE BANK
417
United Aircraft
37
13.
United Airlines Trans
13
11
United Corpn.
13
United Corpn. $3 cum pr. 251
15, QUEEN'S ROAD, CENTRAL
HEAD. OFFICE:
13
United Gas Corpn.
59**
United Gas Improvement B
17
U.S., Industrual Alcohol,
211
134
U.S. Rubber
19
243
US. Rubber $8 pfd,
83
214
US, Smelting
59
Amay
Hataria
111
U.S. Steel
571
bomber
6.8
„Vanadium
27
47
Vultee Aircraft
Komicon Loudas
Hezpla
Calott
Halpnang BANKOW
24+
Walworth Co.
51
· 12
Warner Bros. Pict.
27
24
Westinghouse Elec.
934
57
Woodward Iron Cor.
321
Glass 35)
223
Chase National Bank National City Bank Libby. Moneill & Libby
DOW JONES AVERAGE
Feb. 19, 117.84
Raila
28.66
Utilities
18.81
Feb. 21, 1941.
High Low Close 120.89 114.84 119.99 97.14 28.79 27.09 18.35 18.76 18.80
.63 up
20 up
$1,800,000
21,060,000 ..₤1234 859
88,50
80.82
.98 up
BANKERS:
Commodity Index. 58.40
58.78
,38 up
Business Done:-450,000 shares
: