NEW YORK, March 4, 1941,
13.19
Prev. Today's High Low Close Close Change 10.41 10.36 10.38 10.39 01 up 21.01 20.78 20.70b 21,00 .30 up
831 823 82) 531 611
81 601 19.34
13.23. 13.30
up
..up 07 up
¡STOCKS
Close
Opening
Closing
Change
Adama Express
On Shanghai:—
On demand
On Singapore:—
Alleghany Steel Co.
PAGE 10-HONGKONG DAILY PRESS
FOREIGN MARKETS &
MONEY AND EXCHANGE
CLOSING QUOTATIONS | MARCH 5, 1941.
יו
On London:
M
Telegraphic Transfer. 1/8 7/8 Bank Bills, on demand 1/2 7/5 Credits 4 months" sight
NEW YORK COMMODITY MARKET.
(REUTER'S SERVICE)
New York Cotton, May New York Rubber, May Chicago Wheat, May Chicago Corn. May New York Hides, June NEW YORK COTTON
602
FINANCE
QUOTATIONS
NEW YORK STOCK EXCHANGE
"QUOTATION
(REUTER'S SERVICE)
MARCH 5, 1941.
THURSDAY,
MARCH 6, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital... $50,000,000
INDIA, AUSTRALJA
AND "CHINA
| Issued & Fully Paid-Up $20,000,000| Incorporated by Royal Charter, 1860
Reserve Funds:
Sterling .......
Last Bale
STOCKS
Last Sale
$20,000,000
£8,500,000 Paid-Up Capital H.K. Currency Reserve $10,000,000 Reserve Fund....... Reserve Liability of
Reserve Liability of Pro- Proprietors
prietors .....
£3,000,00
£3,000,000
Mar. 4
Mar. 4
...
F
Loew's Inc.
32
21
March
10.41/41
10.40/40
10.42/42
01 up
Loft Incorperated
184
Allis Chalmers
*
430
May..
10.38/38
.10.36, 36
10.39/39
01 up
Mack Truck Inc:
261*
Aluminium Ltd.......
72*
Beard of Directors: Hon. Mr. J. J. Paterson,
On demand
On Japan:-- ***
On demand
July
10,30/30
10.28/28
10.30/30
unch.
Martin, Glen L
25}
52 3/4
Amer. Can
841
October
9.95/95
9.94/94...
9.99/99
.04 up
McKesson & Robbins, pf4.
25
American Cyanamid B.
331
December
9.93 N
9,93/93
9.91/97
.04. up
Montgomery Ward
37L
101 1/2
Amer. & Foreign Power
13/16
January
On India-
Spot
9.91 10.83
9,92/92
9.95 N
04 up
M'tain City Copper Co.
3
Chairman, W. H. Lock, Esq.,
Deputy Chairman.
Amer & Foreign $7.pf.
153
J. K. Bousfield, Esq.,
10.79
.04% off
National Aviation
8+
Telegraphic
Transfer.
Amer. Locomotive
13
Nat. Dairy Products
A. H. Compton, Baq..
13
$92 1/2
and demand,
On New York:-
Total sales Monday:52,400 bales,
The last notice day for March Cotton 13 14/3/4)
"Amer, Metals Co.......
173
L. J. Davies, Esq.,
National Distillers....
201
Amer, Radiator
*
Hos. Mr. S. H. Dodwell,
National Lead
154
Bank Bills, on demand 24 1/8 Credis, 80 days sight 24 7/9
Amer. Rolling Mill
13
NEW YORK RUBBER
May
Nat, Power & Light
62
K. S. Morrison, Esq.,
Amer. Sting and Ring Co. 40
On Batavis:-
July (New contract)
On demand
45 184
September
'
On Paris:-
Bank Bills, un demand Nom.
December
(
20.70b 20.20/20 20.20b/243 20.415/50g 19.97b/20.00a 20:09a
19 80 N
19.95a
20.66b/80% 21.00/00
30 up
National Supply Corp.
5
Amer. Sugar Renning
Head Office:-HONG KONG
G. Miskin, Esq.,
Hon. Mr. T. E. Pearce,
HEAD OFFICE: LONDON:
38, Bishopsgate E.C.2. Sub-Agencies In Londen: 117/192, Leadenhall Street, E.0.5. West End Branch: 14/18, Cockspur Street, B.W I Manchester Bruneù: 52. Moeley Street, Manchester, 1.
AGENCIES AND BRANCHES
ALOE STAR HONG TONG PANANG AMBITHAR
BANGKOK
BATAVIA
BOMBAY
ILOILO
143
New York Genual
12
.21 up
Amer. Tel. & Tel.
161
20.20b/25a
23 up
Niagara Hudson Power
2}*
Amer. Tobacco "B"
60
Hon. Mr. A. L Shield, Sir Vandeleur M. Grayburn,
CALOUTTA
AGENCIES:
BANOLA
IPOH
BAIGON
KARACHI
SEREMBAN
SHANGHA?2
KLANG
SINGAPORR
KOBE
BITIAWAN
20.00 N
N. American Aviation
14.
.20 up
Amer, Waterworks
51
Chief Manager. FAIRLI PLACK
North American Co.
15+
Credits 4 months' sight Now.
On Balgon:
Total sales-430 tons.
CHICAGO WHEAT
Anaconda Copper
241
Northern Pacific
Sł
Branches:
Atchison, T. & S. Fe.
229
Owens-Illinois Glass Co.
43
J
On demand
104 1/2
Aviation Corp. ......
31.
May
827,621
824/821
On Manila:-
July
783/781
781/784
On demand
48 1/4
September
781/781
831/831 791/791 unquoted.
Pacific Gas & Elec
261
Amoy Johore
Sup
Baldwin Lecometive
15
Bangkok Kobe
up
Packard Motors
21
Batavia Kowloon
Rangoon Saigon San
Baltimore & Obio.....
31
Pan-American Airways
127
Bumbay Kuala
Francisco
On Bangkok:-
Barber Asphalt Co.
Paramount Pictures
11
On demand
149 1/2
Monday's sales:-0,565,000 bushels,
Calcuti Lumpur Shanghai
Barnsdal! Oll ....
Pennsylvania RR.
23
Canton
London
Of Sterling Notes:-
CHICAGO CORN
Bendix Aviation
35
મ
Phillips Petroleum
361
Chefoo
Lyons
Singapore Sourabaya
+
Bank Buying Rate
Now.
Bethlehem Steel
781
May
601/601
601/601
Bar Silver per oz.........
91 3/8
July
Boab
601/601
September
NEW YORK HIDES
#
June September
business. May
quoted at July
Volume of business
July
1/2.
MARKET
Shin. 44% Anglo-French-
Loan, 1908
Market Report-
FROM ROZA BROS.
Wednesday, Mar. 5.
Silver prices rose 1/16 yesterday
Total sales for the day:39 contracts.
for both deliveries, the quotations NEW YORK COCOA
being 23.3/8 for Ready and 23.5/ May
16 for Forward. Silver advices re-
ported the market as being steady NEW YORK SUGAR" NO. 3
with
по practically
American Silver was
34.3/4 for Spot.
The London/New York cross- NEW YORK SUGAR NO. 4 rate was quoted at 402.1/2. New York/London was quoted at 403-May
Steady but dull
STERLING
No business was reported. There were sellers at 13 for near and forward, buyers at 1/3.1/32 for any delivery.
U. S. DOLLARS
A small business was done dur ing the course of the morning
at 24.7/16 for March
The market closed
and April. with
sellers probably at 247/16 for near and March, buyers at 24.1/2 for Cash. SHANGHAI DOLLARS Opened with sellers at 443.1/2 with business done at 444, 444.1/4 and 444.3/8. The market closed with sellers at 444 for Spot."
SHANGHAI MARKET
Opened with sellers of Sterling at 3.3/8 and the last rate received was 3,23/64 for Spot. US Dollars opened with sellers at .5.1/2 and closed at 5.15/32 for Spot,
Shanghai Exchange
Shanghai, Mar. 5-(Reuter).
Official T.T. Rates
.76b/.761aTM 754b/.764a 754b/.76 .001 off .80b/.80 a .80b/804a 781b/.79a" .01) of Volume of business dane:---32 lots.
NEW YORK COPPER FUTURES.
July
11.72b/82a N.Y, Official silver
..... 34-3/4 NY-London Cross Rate 4.03-1/2
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
$
London, Mar. 4... The following quotations are the siddle prices at the close of the market in London. All quotations
are subject to confirmation and no responsibility is assumed for errors in transmission.
War Loan. 3% (Red,
after 1952) Defence Loan, 3% Canton-K'loon Rly. 5% Chinese 41% Gold Lan
1398 (Brit. Issuet ...... Chinese 5% Gold Bonds
1925/4!
£
11.72b/90a 11.89b/90a .17 up
.34-3/4
4.03-1/2
HONG KONG STOCK EXCHANGE
Business recorded during morning was, only meagre,
BUYERS
H.K. Banks, $1340.
Unión Iris., $413. Providents, $5.75.
Lands 4% Debentures, 397,50. Trams, $16.50.
Lights (O), $6.15. Telephones (N), $8,80,
SELLERS
59-7/8b
611/61 61/61 604/001
4 ̈ up #up
Public Service of N.J....... 264
Colomb.
Malacca
Sungei
Bliss & Co.
181
Pullman Inc......
231
Daireu
Manila
"Patani
Boeing Airplane Co
153
Foochow Muar
Swatow
:
up
Pure Of
7}
Borg-Warner
181
Radio Corpn. of Am.
41
Briggs Mfg.
218
Reading Company,
Com
133
Harbin
13.23/27
13.23/24
13.19/20 13.20b/30a
13.30/SO 13.30/30
SS
.07 up
Budd M'facturing Corp.
"31
Remington Arms Co., Inc.
42*
Boilo
.07 up
canadian Pacific R'way
31
Repubile Aviation Corp.
38
Ipoh
Peiping
Penang
Case, JL
46%
Republic Steel
198
F
Celanese
233
Ravere Corp.
81
Chesapeake & Ohio
40%
6,21 N
Reynold Tobat. "B"
32
6.21/21
6.25/26
04 up
Chrysler Corpn.
661.
.
Safeway Stores
39
Columbia Gas & Elec.
4
Schenley Distillers
91
Commercial Credit Co.
301
2.18b/ 20a 2.22b, 23a done:-202 lots
2.17b/19a 2.22b/23a
.01 off unch.
Com, & Southern (Ord.)
Sears Roebuck
72}
Shell Union Oll .....
11
quoted on application..
'Consolidated Edison
219
Socony-Vacunum Oil
8+
Consolidated Ou
58
various sizes to let.
Southern Pacific
81TM
Continental Can
3TL
Southern Rly 55 pid.
214
Continental Onl
.173
TRUSTEE and EXECUTOR business undertaken.
Copperweld Steel
| Spicer Manufacturing Co
314
Haiphong (Johore) Tientsia Bankow Mukden Tokyo
New York Tsingtao
Yokohama
SOURABAYA"
TAIPING
TIENTIN
TONGKAK
(Bhuket)
. THINGTAL
NEW YORK YOKOHAMA PIPING
(Peking)
―
FORLIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOBITE received for Ons Year or shorter periods in Local on Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with CURRENT ACCOUNTS opened interest allowed at rates obtainable in Local Currency and FIXED DE-on application. POSITS received for one year or The Bank's Head Office in London 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 ascerta'oed at
any of the Agencies and Branches.
W. H. EVANS THOMAS,
Manager.
GLAVE STAAT KUALA
COMFCA
CANTON САЖИРОНИ CKBU COLOMBO
KUCHING
MADRAS
MANILA
DELHI
1 DAN
DAIPEUNO
HAMBURG HANKOT
147
Standard Brands
61
Curtiss Wright (C)
3
Curtiss Wright "**
Stand Gas & Mec.
#
201
Standard Oil of California
173†
Deere & Co.
20
Standard Ol of N.J.
34
Distillers Corpn. Seagrams
188
Stone & Webster
61
Douglas Aircraft
71
Studebaker Com
6:
Du Pont de Nemours
144
Swift International
171
Eagle Picher Lead
3
Technicolor
9
Eaton Mfg. Co.
32
Elec. Autolite
301
Texas Corpzl
354
Elec Bond & Share
31
Texes Gulf Sulphur
Timken-Axle
32
Elec, Bond & Share $5 pi.
524*
Trans-America Co
"
the
Elec. Band & Share $6 pf. Elec. Power & Light 37 pr. 294 Flirtkate
60
20th Cent. Fox:
6
131*
Union Bag & Paper Corp. 103
Gen. American Trans.
501
Union Carbide & Carbon -65
Union Pacific....
78
Gen. Electric
324
Gen. Motors
429
United Aircraft V..
387
United Airlines Trans
124
Gen. Railway Signal
123*
Gen. Tire & Rubber
United Corpn
11
40
Glidden Co,
13
United Corpn. $3 cum pf. 25
United Gas Corpn.
11/16
Goodrich (B.F.)
13
Goodrich $5 pi.
591
United Gas Improvement
81
Goodyear Tire & Co.
17*
U.S. Industrual Alcohol.
221
**
103% 101-5/16
11
Great Northern Irún Ore
14
U.8. Rubber
201
Great Northern Rly, 'pfd.
24
US. Rubber, 38 pid.
861
"Tramis, $16.75..
Great Western Sugar
233
UB, Smelting
573
SALES
Greyhound Corpn.
11
U.S. Steel
57
42
H.K. Banks, $145. Union Ins., $417.
Hercules Powder Co
601**
Vanadium
2'1
Homestake Mining
45
Vultee Aircraft
81
- SAFE DEPOSIT BOXES
40-44
43
Opening
Chinese 5% Crisp Loan.
London
0/3-5/16
1912
24
New York
5-3/8
Chinese 5% Reorg, Loan,
Japan
22-3/4
1613 (Ldn. Is.)
31
India
18-3/8
Chinese 8% Ster. Notes.
Paris
nomina:
1925 (Vickers)
8-10
Hongkong
2.2
Chin Imperial Rly, 5%
Loan
47
Sterling
Cements, $16.95." Watsons, $10.70.
HONGKONG
SHAREBROKERS
ASSOCIATION
Volume of Business Transacted
on Wednesday, March, 5, 1941
SALES
Kentecott Copper Libbey-Owens-Ford. Lockheed Aircraft
Int Nickel
243.
Walworth Co.
41
Inter. Paper Power
14
Warner Bros. Pict.
3
.
Int. Tel, & Tel. Johnsman
21
Westinghouse Elec.
941
58
Woodward Iron Cor.
271*
32*
Chase National Bank
314
Glass 354 234
National City, Bank
261
D. L. BALLANTYNE,
Libby, Monell & Libby.
Honan Rly, "5%
14
Cements
Spot
Opening Closing 0/3-3;8
Hukuang Rly. 5%, 1911...
L.P. N/Y Issue)
14
Humphreys
Hukuang Rly. 5%, 1911
Mar. Apr.
250 $16.95 500 16.90 556 6.70 500 6.70
German Issue
12
Lung Tsing & Hal
1940/41
Low Dow Jones Averages High 152.60 111.84 30 Industriala
32.07 22,15 20 Rails 28.45 18.03 20 Utilities 92.19 33.08 40 Bonds 04.07. 48,47 11 Commodity Index
Riy. 5% 1013
1,806
12
S'hai-N'King Rly. 5%
14
The total value is $19.762.70.
5-1/2
Tientsin-Pukow Rly. 5%
(Brit. Stpd.)
12
12
Sellers
0/3-3/8
013-3/8 0,3-23764 0/3-23/64 0/3-23/64. U.S. Dollars
Spot $5-1/2
Mar. Apr.
$5-1/2 -5-15/32 5-15/32 5-15/32
Market-Quiet.
Silver Duty Rate The Central Bank of China's rate on London at 10 a.m. today was 1/2-1/24,
The Equalisation rate was 24 per cent.
Calcana Exchange
Calcutta, Mar. 4 (Reuter). TT on Japan, 81-1/4.
India Rupee Paper
Bombay, Mar. 4 (Reuter), Govt. 34% Rupee, 94-12-0.
LONDON METALS
EXCHANGE
London, Mar. 4 (Reuter).
Standard, Cash', Middle Price, £265-1/8
Ti
Tientsin-Pukow Rly. 5%.
(Oerman Stpd.) lentsin-Pukow Rly. 5%
Brit. Stpd. Supl. Loun) 12 Tientsin-Pukow Rly. 5% (Ger. Stpd. Supl, Loan) Jap. 0% Ster. Loan, 1924 231 er, 7% Intl. Loan. 1924 6- Chartered Bank
HK. & S'hal Bank (Ldn.
Reg.)
12
7-13/16
22
SILVER MARKET
LONDON SILVER
London, Mar. 4 (Reuter). Suver-Little
buying but fex
sellers. Market steady. In the
afternoon, the market was very
ADS
INDO-CHINA
Team
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
NAVIGATION COMPANY LTD PAID-UP CAPITAL $40,000,000.c
quiet with practieally no business. Operating, Services for Cargo and Passengera
Spot. 23-3/8d.
Forward, 23-5/16d,
BOMBAY SILVER
Bombay, Mar. 4 (Renter).
Market-Steady. Offtake 75 bars,
Indian Mint Silver
Khat Bank (Cal.
Pag)
75
Chinese Eng, & Mining
(bearer)
17/-
Ready
Chosen Corporation Mercantile Bank of In-
dia. £5, "Q"
·"4/-
Mar. 24 Settlement
Apr. 22 Settlement
63-01 62-14 62-14
11-1/8
Pekin Syndicate
1/0
S'ha Mec. Constr. Co.
12/6
hal Waterworks “A” Union Insurance
12 24
Emperial Chemical Ind. 29/9 United Steel
21/- t
Woolwortha
51/71
Morsman Investments 8/6
321
Western Holdinga
9/3
8ub-Nigel
145/-
87/0
Abell TORTIL
Trad:
32/41 10/3
43/9
Gula Kalumpong Rubber" 15/9 Lon., Mid & Scot., Rly. 117 Tin, Standard, à months, Middle Great Western Rly. Price £264-1/4..
National Bank of India 324 Market steady. Prices rallied on B.-A. Tob. (bearer)
and speculative pur- Dunlop Hubber
Bristol Aeroplane
consumer
chases
(bearer)
bid
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 ate landed.
For further particulars
please apply tom!
北
JARDINE MATHESON&Co.Lrd. TELEPHONE ZOJIE. GENERAL MANAGERS ·
(BRANCHES ALL OVER CHINA) Owing to our numerous Branenes in China and connections in the principal Commercial Centres uf" the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and Exchange.
".
Head
Office:-SHANGHAI Hong Kong Branch:
4, QUEEN'S ROAD, C.......
South China Offices:
CANTON
SWATOW
SHIUCHOW
KONGMOON TOISHAN
KINGCHOW
We also handle the issue of Bonda and other Publio Funds of the Chinese Government both at Home and Abroad."
ว
SHOU J. CHEN
Manager
·Mar. 8, 1941. High Low Clos 181.44-120.62 121.16 27.43 27.31 27.37 10.29 19.11 19.10
Changa 28 up .05 12p
DOW JONES AVERAGE
Mar. 3,
120.89
27,32
10.25
,09 up
80.14
57.93
90.20 57.09
.00 up
Consul WANT
.08 up
Business Dono:-3 0,000 shares"
Hongkong, 28th February, 1941:
HONGKONG SAVINGS
BANK
The Business of the above Bank 8 conducted by the HONGKONG SHANGHAI BANKING COR- PORATION. Rules may be obtain ad on application.
For the HONGKONG & SHANGHAI 'BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong. 25th Feb., 1930.
THE CHASE BANK.
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PINE STREET.
NEW YORK. An American Bank offering com-
plete Foreign Benking Service: in the principal Markete of the world, Interest Rates on Application."
This Bank is entirely owned by
NATIONAL THE CHASE
BANK, NEW YORK, with Resources of over U.S.$3,800,000,000.
Manager.
BANK OF EAST ASIA, LIMITED
3,596,600,00
Authorised Capital.....$10,000,000.00 Paid Up Capital Reserve and Undivided
Profits
"Head Office:-HONG KONG No. 10 Des Voeux Road, Central
Board of Director.
HON. SIB SHOUSON CHоw, Chairman Li Koon Chan, Esq. Il Lan Sang, Esq. P. K. Krok, Eaq. Wong Chu San, Esq. Weng Tan Tong, Esq. "Fung Ping Wah Esq. Chan Ching Shek, Esq.-
KAN TONG PO, Esq., Chief Manager Hox. MR. LI TAR FONG, Manager
Branches and Agencia:
Atoy
Bateria
Kowlock PRALDY
Loudon
Manile
Hanroou
Melbourne Ban Fran. Byángy
Nagasaka
cisco Timisin
New York Baattis Vancouver Pazin
Peiping
Shanghal
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 one year
or shorter perioda in Local and Foreign Cur гопсіе оп terms which will be quoted on application.
SAFE CEPOSIT BOXES TO LET.
KAN TONG PO."
Chief Manager,
2,983,261.50
Singaporn
Bombay
Calontie
Haiphong
Bankow
domainla
Kuup
Halgon
Sourabaya Bratov
Bemarang