NEW YORK, Mar, 10 (Reuter).
Prev. Today's
· High
Low 10,78 10,62
Close Close Change
10.50 10.73 03 up
21.40 21.12
21.15b 31.39
24 up
.861
95..
85's
961
1
up
624
New York Hides, June
.. 611 14.05 13.83
61
621
up
STOCKS
13,76 14.02b 27
up
Adama Express
NEW YORK COTTON
430
March
52 3/4
May July
Close
10,53/53 10.50/51
Opening
Closing
Change
Alleghany Steel Co.
10.61/88 10.77,77
24 up
Allis Chalmers
10.68/85
10.73/74
,23 up
Aluminium" Ltd.
10.45/48 10.57/62
10.73/75
.28 up
Amer. Can
10.31/31
10.49/61
10.81/81
30
up
American Cyanamid B.
10.27/27
10.49/52
10.60/60
33
110
Amer. & Foreign Power
10.25 N 10.88
10.52/52
10.58 N
.33
up
Amer& Foreign $7 pf.
11.11
.23
up
Amer, Locomotive
Amer. Metals Co.
Amer. Radiator ....
Amer: Rolling Mill
Amer. Sting and R'ing Co.
45 1/4
Amer, Sugar Refining
May
104 1/2
On Manila:-*
.... 48 1/4
May
148 1/2
Nom.
July
23 3/8
May
July
doing.
American Silver
was
quoted at 343/4 for Spot.
The London/New York CTO93- NEW YORK. SUGAR NO. 3 rate was quoted at 402.1/2. New York/London was quoted at 403.-
•·1/4...
Bank Bills, on demand Nom Credits 4 months' sight Nom.
On Saigon
On demand
On demand
On Bangkok:-
On demand
On Sterling Notes:-
Bank Buying Rate
Bar Silver per os....
Market Report
12
FROM ROZA BROS.
Tuesday, Mar. 11
Silver, prices were unchanged yesterday, the quotations remain- ing at 23.3/8 for Ready and 23.-
Silver advices! 5/16 for Forward reported the market as being very nothing practically "quiet with
**** Total sales for the day:-154 contracts.
NEW YORK COCOA
May
July (New contract)
September (
21.15b/18a 21.12/12 20.60/62 20.15b/18a
21.39:40
24
20.55/55
20.75/75
.15 up
20.00b/153
20.35b/40a
20 up
December (
19.95 N....
20.00 A
20.15 N
.20
up
9999
up
Amer. Tel, & Tel
Amer. Tobacco "B"
Amer, Waterworks
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
MARCH 11, 1941
On London:----
Telegraphic
:
Transfers 7/4 Bank Bills, on demand 1/2 T/A
Credits 4 monthư sight
On Shanghai:
On demand".
Un Singapore:
On demand,
On Japan:-
8 8 8 8 5
On demand
On Indian
Telegraphic
and demand
On New York; -
Transfer.
"NEW YORK. COMMODITY MARKET
(REUTER'S SERVICE)
New York Cotton, May .. New York Rubber, May Chicago Wheat, May Chicago Cern, May
102 1/2 October
December
January
82 1/2
Spot
Bank Bills, on demand 24 1/8
Crediis, 60 days' sight 24 7/8
On Batavia-
Ondemand.......
On Paris:
Total sales Saturday:-84,000 balės.
The last notice day for March Cotton is 14/3/41
NEW YORK RUBBER
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
MARCH 11, 1941
Loew's Inc.
WEDNESDAY, MARCH" 12, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital..... 880,000,000
INDIA, AUSTRALIA,
„AND CHINA
Issued & Fully Paid-Up 820,000,000 Incorporated by Royal Charter, 1859
Reserve Funds :, Sterling
G. Miskin, Esq.,
K. S. Morrison, Esq.,
Hon. Mr. T. E. Pearce,
Hon. Mr. A. L Shields, Sir Vandeleur M. Grayburn,
Chief Manager.
£3,000,00
.£3,000,000 HEAD OFFICE: LONDON: 38, Bishopsgate E.C.3. Sub-Agencies la London: 117/122, Leadenhall Street,. E.C.J. West End Branch: 14/18, Cockspur Street, S.WI
Manchester Branch:
32, Mosley Street, Manchester, 1.
AGENCIES AND BRANCHES
ALOR STAN AMRITSAR BANGKOK BATAVIA
BOMBAY
HONG KUNG PENING ILOILO
IPOH
KARACHI
CITE STEET KUALA
Last Sale
STOCKS
Last Sale
£8,500,000 Paid-Up_Capital ........ „£3,000,000 H.K. Currency Reserve $10,000,000 Reserve Fand Reserve Liability of
Reserve Lisbility of Pro- Proprietors
820,000,000 pristors
Mar. 10.
Mar. 10
в
32
Head Office:-HONG KONG
223
29*
Loft Incorperated
19
Mack Truck Inc.
283
741
Board of Directors: Hon. Mr. J. J. Paterson,
Martin, Glen L
273
841
McKesson & Robbins, pd.
254
34
Montgomery Ward
384
W. H. Lock, Esq.,
13/18
M'tain City Copper Co.
3
Chairman.
Deputy Chairman.
172
National Aviation
9
J. E. Bousfeld, Esq.,
132
Nat, Dairy Products
131
A. H. Compton, Esq...
177
L. J. Davies, Esq.,
National Distillers
21
61
Hoa. Mr. S. H. Dodwell,
National Lead ......
184
RANGOON
141
Nat, Power & Light
7
BAIGON
40%
National Supply Corp.
54
BERIMBA
18
SEANGHAI
New York Central
13
CALOUTTA
164%
Niagara Hudson Power ...
21
KLANG
KOM
SINGAPORA
AGENCJES
691
BITJAWAN
N. American Aviation
154
53
FAIRLIN PLACE
BOURANAYA
North American Co.
153
LUMFUA
CANTON
TAIPING
Anaconda Copper
257+
Northern Pacific
6
Branches:
KUCHING
Total sales for the days:-240 tons.
CHICAGO WHEAT
ازیگر
Atchison, T. & S. Fe.
243
Owens-linols Glass Co.
44]
JF
Aviation Corp.
38
Amor
Johure
Pacific Gay & Elec
271
Baldwin Lecometive
153
Bangkok Kobe
Rangoon Saigon
CAWNPORN CEBU COLOMBO
TIENTBIN
MADRAN
TONGEAR
MANILA
(Bhuket)
Packard Motors
23
851/851
854/86
82/821
821/821
September
821/821
361/861 831/831 84/837
.1
up
Baltimore & Ohio
31
Batavia
Kowloon" San
DELHI
MIDAN
TRINGTAC
Pan-American Airways
∙131
Bombay
Kuala
Francisco
14 up 11⁄2
Barber Asphalt Co..
81
Paramount Pictures
11
up
Barnsdall Of
Calcutta Lumpur
BALPBUNG HAMBURG
Shanghai .
NEW YORK PRIPING
YOKOHAMA
Pennsylvania R.R
231
Canton
London.
Singapore
Bendix Aviation
361
Saturday's sales:-19,925,000 bushels.
Phillips Petroleum
361
Chefoo
Lyons
Sourabaya
Bethichem Steel
802
Public Service of N.J.
261
Coloui
Malacca
Sungei
CHICAGO CORN
Bues & Co.
171
Pullman Inc..
241
Dairen
Manila...
Patani
dueling Airplade Co.
163
Fooshow
Muar
Swatow
611/62.
02/621
62/82
621/621
September
611/613
621,621 821/621 621/62
1 up
Pare O
78
Borg-Warner
19
up
Radio Corpn. of Am.
42
Briggs Mig.
23
Bankow
Mukden
Haiphong (Johore) Tientsin
Tokyo
up
Reading Company,
Com
141
Barbin
الراس
Budd M'facturing Corp.
4
New York Tsingtao
Remington Arms Co., Inc.
NEW YORK HIDES
Canadian Pacific R'way
31
Republic Aviation Corp.
Iloilo Ipoh
Peiping
Yokohama
Case, JI
481
June September
13.75/75
13,85,85
13.77/77
13.85/90
14.026/04a 14.01/05
27
Républic Steel
20
up
Celanese
24
24
Revere Corp,
9
up
Chesapeake & Ohio
393
Reynold Tobac. "B"
324
Chrysler Corpn.
69
Safeway Stores
381
Columbia Gas & Elec.
44
Commercial Credit Co.
201.
Schenley Distillers
91
Sears Roebuck
73)..
6.73 N
6.75/75
6,78 N
.03 up
Com, & Southern (Ord.)
Shell Union Oil
11
Consolidated Edison
214
Socony-Vacunum, Oli
Consolidated Ofl
54
May
July
MARKET
Dhali
+
2.30b/31a 2.346/353 Volume of business done: 392 lots
NEW YORK SUGAR NO. 4
May
2.31b/322 235b/30a
.oi up
Southern Pacifie
94
Continental Can
374
TRUSTEE and
01 up
Continental Oll
#. 181.
Bouthern Rly, $5 pfd.
223
Spleer Manufacturing Co. 331*
businees undertaken.
Copperweld Steel
151
Standard Brands
62
Curtiss Wright (C)
81
Curtiss Wright "A"
July
74b/.74ja .781b/.79a
74/744 781/78
.33b/.74 .77b).78a
01 off .011 of
Deere & Co.
Distillers Corpn. Seagrams
Douglas Aircraft ......
Volume of business done: 49 lots. *
Du Pont de Nemours
Y
U. S. DOLLARS
NEW YORK COPPER FUTURES
July
Eagle Picher Lead
11.91b/94a 11905/12.004 11.94/95 unquoted
.03 up
Eaton Mfg. Co.
34-3/4 4.03-1/4
Elec. Autolite
Bec Bond & Share
Elec, Bond & Share $5 pf.
Elec, Bond & Share $8 pf.
at
Elec. Power & Light $7 pf:
Fintkote
Gen, American Trans.
Gen. Electric
111
Jen Motors
1/6
Gen. Railway Signal
12/6
Gen. Tire & Rubber
12
Gidden Co.
24
Goodrich (B.F.)
Goodrich $5 pi.
Lon., Mid, & Scot., Rly. 12
Goodyear Tire & Co.
AL
lower at 3.3/8 for Spot. U. S.
2
Great Western Rly.
312
Great Northern Iron Ore ..
National Bank of India
3111 -
Great Northern Rly, pid,
104-5/18
B.-A. Tob (bearer)
87/8
Great Western Sugar
1014
Dunlap Rubber
31/9
Greyhound Corpn.
11.
Bristol Aeroplane
10/3
Fercules Powder Co
tmperial Chemical Ind.
29/6
Homestake Mining
42
United Steel
**
20/71
Int Nickel
Woolworths
49/9
Inter: Paper & Puwer
40-44
Marsmar. Investments
6/6
Int, Tel. & Tel.
Western Holdings ....
9/3
Johnsman
ག ས འ
45
Sub-Nigel
140/-
Kenrecott Copper
hell
Tran. 3c Trad
Libbey-Owens-Ford
24
(bearer)
43/9
Lockheed Aircraft
R div
8-10
FEDERAL RESERVE
Chin, Imperial Rly, 5%
Loan
RETURNS
1940/41
47
nan Rig. 5%
14
⚫ at 443.
Last
rates
Jukuang Rly 5%. 1911...
L.P. N/Y Issues Hukuang Rly. 5%. 1911
H
14
sellers
of Sterling at 3.3/8 tor
.German Issue)
12
Hal
J
for Epot.
Rly. 5% 1913
12
22
New York, Mar. 10 (Reuter). Mar. 4 Feb. 25
(000's Omitted) Total loans $9,495,000 $ 9,592,000 17,076,000 Investments 18,055,000
32.67
22.15 20
..*20.45
18.03 20
High Low Dow Jones Averages
Industrials 15260 111.64 30
Rails Utilities
92.19
33.00 40
04.07
hal-N'King Riy. 5% Tientain-Pukow Rly, 5%
(Brit. Stpd.) Tientsin-Pukow Rly, 5%
(German Sipd.)
14
12
12.
STERLING
No business was reported. There were sellers at 1/3 up to June, buyers at 1/3.1/32 for any de- livery.
A small business was done early N.Y. Official Silver
in the morning at 24.1/2 for Cash, NY-London Cross Rate 4.03-1/2 The market closed at 1 pm, with
small sellers at 24.1/2 for forward
and probably near, buyers
24.9/18 for Cash.
SHANGHAI DOLLARS Opened with sellers at 441.1/2 with business done at 441.3/4, 443 and 444.1/4. The market closed at p.m, with sellers at 444 for Spot.
SHANGHAI MARKET
LONDON STOCK EXCHANGE
(REUTERS SERVICE>
London, Mať. 10. dia, £5, "G"
The following quotations are the Pekin Syndicate middle prices at the close of the B'nal Mec. Constr. Co. market in London. All quotations Shal Waterworks “Ä“ are subject to confirmation and no Union Insurance Opened with sellers of Sterling responsibility is assumed for errors Gula Kalumpong Rubber 15/9
slightly in transmission. 3.25/64 and closed
Dollars opened with sellers at War Loan. % Red.
5.17/32 and closed at 5.1/2 for Spot,
AFTERNOON MARKET The market was quiet in the afternoon.
STERLING
The market closed with sellers
at 1/3 up to June, buyers at 1/3-
1/32 for any delivery.
U, S. DOLLARS
The market Nothing doing. closed with sellers at 24.1/2 for forward and probably near, buyers
at 24.9/16 for near,
SHANGHAI DOLLARS
The market closed with sellers
SHANGHAI MARKET
received reported
after 1962)... Defence Loan, 3% Janton-K'loon Rly. 5% Chinese 41% Gold Lan
1898 (Brit. Issue Chinese 5% Gold Bonds.
1925/4T
Chin. 44% Anglo-French
Loan, 1908
Chinese 5% Crisp Loan:
1912 .....
1.
Chinese 5% Reorg. Loan
1913 (dn. Is.).
Chinese 8% Ster. Notes.
1925 (Vickers)
Spot and U. S. Dollars at 5.1/2 Lung Tsing. & U
Shanghai Exchange
Shanghai. Mar. 11 (Reuter).
Official TT. Rates
London
New York
Jupan
India Paris Hongkong
Spot
Mar,
Apr.
Spot
Sterling
Opening
Tientsin-Pukow Rły. 6%.
(Brit. 8tpd. Supl. Loan) 12
INDO-CHINA
STEAM NAVIGATION COMPANY Iīb
Operating Services for Cargo and Passengers
0/3-5/8
Tientsin-Pukow Rly, 5%
5-3/8
(Ger. Stpd. Bupl, Loan)
-12
22-3/4
18-3/8 nominal
Jap. 5% Ster. Loan, 1924 231-28 Ger, 7% Intl. Loan, 1924. 54....
TO-
Chartered Bank
82
22
HK. & 8hai Bank (Lin.
Reg)
75
HK. & 8hal Bank (Col.
Peg) Chinese Eng. & Mining
(bearer). ...
77
Chosen Corporation Mercantile Bank of In-
17/- 4/-
Sellers
Opening Closing 0/3-25/64 0/3-3/8
0/3-25/84 0/3-3/8 013-3/8 0/3-32/64
U.S. Dollars
$5-17/32 $5-1/2 Mar.
5-17/32
"5-1/2 April 5-17/32 5-1/2. Market:-Quiet.
Silver Duty Rate The Central Bank of China's rate on London at 10 am, today was 1/2-1/2d.
per cent.
The Equalisation rate was 24
Calcata Exchange
Calcutta, Mar, 10 (Reutery. TT on Japan, 81-1/4.
India Rupee Paper
Bombay, Mar, 10 (Reuters. Gort. 31% Rupee, 95-0-0.
SWATOW, SHANGHAI, TSINGTAU, CHEYOO
.
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 paasongera and cargo are landed.
For further particulars
please apply to-
JARDINE MATHESON&Co.,LTD. TELEPHONE ZOZII • GENERAL MANAGERS "
BANKERS:
The Bank of England and Midland
Bank, Ltd. BRANCHES:
Kuala Lipis
Bowrah Kauía Lumpar
·Kuala Trenggaȧ
HONG KONG BRANCH: Every description af Backing and. Exchange
basiness transactusi.
TRUSTEE AND EXECUTORSHIP
UNDERTAKEN
UURLENT ACCOUNTS eponed in Local Car rtnoy and PIXED DEPOSIT received in Local ascertained on application.
Carreny STERLING sa terme that may be
D. BENSON,
What do
Vinngor
you want?
If there is anything
you want to buy or sell,
try & small Classified advertise- ment in. khe. Hong- kong Dally Press.
25 words $1.50 prepaid-
for 3 insertions.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT
»OF CHINA AS AN
INTERNATIONAL EXCHANGE
PANK
PAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHINA), Owing to our numerous Branches in China and connections in the principal Commercial Centres of 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 Bonds and other Public Funds of the Chinese Government both at Home" and Abroad.
SHOU J. CHEN,".
Manager.
Stand Gas & Elec.
**
274
Standard Oll of California
18
21
Standard Oll of NJ.
343
16+
Stone & Webster
70
Studebaker Com,
67
145}
Swift International
18)
s conducted by the HONGKONG
9
SHANGHAI BANKING COR
Technicolor
91
33
Texas Corpn.
35+
31
ed on application.
Texes Gulf Sulphur
35
31
Timken-Axle
312
BANKING CORPORATION.
51;
Trans-America Co.
41
613
20th Cent. Fox
6+
Y. M. GRAYBURN,
Chief Manager.
314
14
Union Bag & Paper Corp.
11
Hong Kong, 26th Feb., 1939.
50
Union Carbide & Carbon
661
344
Union Pacific..
77
THE CHASE BANK·
431
United Aircraft
407
14
United Airlines Trans
131
12
United Corpn.
11
131
United Corp. $3 cum pf.
26,
United Gas Corpn.
#
13
United Gas Improvement
614
19
US, Industrual Alcohol,
247
143
U.8. Rubber
727
26
U.S. Rubber $8 pid. ......................
913
261
U.S. Smelting
58
U.S. Steel
591
Interest Rates on Application.
111
70*
Vanadium
237
Peusog
(Peking)
FORKIDS EXCHANGE and Gerara) Banking Business transacted
CORBENT ACCOUNTS opened Ald FIXED DEPOSITS "received for Us. Year or shorter periods in Local or Other Currencies at
rates which will be quoted on application.
SAVINGS ACCOUNTA also opened 10. Local Currency and Sterling with
CURRENT ACCOUNTS opened interest allowed at rates obtainable
quoted on application.
io 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 Carrencies on terms which will be business, and claims recovery of British Income Tax overpaid, on terms which may be ascerta'ned at ́ any of the Agencias and Branches.
W. H. EVANS THOMAS,
Manager.
SAFE DEPOSIT BOXES of various sizes to let.
EXECUTOR
Hongkong, 26th February, 1941.
HONGKONG SAYINGS
BANK
The Business of the above Bank
BANK OF EAST ASIA. LIMITED
PORATION. Rules may be obtain-Authorised Capital......$10,000,000.00 Paid-Up Capital 5,398,500.00
For the HONGKUNG & SHANGHAI Reserve and Undivided
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE: „
18, PINE STAKET.
NEW YORK. An American Bank offering com- plete Foreign Banking Service in the principal Markets of the world.
Head Office:-HONG KONG No. 10 Des Voeux Road, Central
Board of Director.
HON. SIR SHOUSON CHOW, Chairman Li Koon Chan, Esq. Li Lan Sang, Faq. P. K. Kwok, Esq.
Wong Cha Sen, Esq. Woar Tun Tong, Ean. Fang Ping Wab Esq. Chan Ching Shel, Beq.
KAN TONG Po, Esq., Chief Manager HON. Ma. L: TSE FONG, Kanayer
Branches and Agencies:
Loudon Hanifa
Hangoon
Kowloon Ppony Blog pora Bouradaya Barstow Saigon Melbourne Ban Fren. Bydney Nogueaks
BANKOW
Profita
2,083,261.50
1:
Amoy Batavia Babay Calcutta Halphora
Disco Tientsin
Vultee Aircraft
63
SAFE DEPOSIT BOXES
Jankow
457
Walworth Co.
51
Juala
New York Beattle Parle
Yanconter
Bemaring
253
141
Warner Bros. Pict.
31
21
Westinghouse Elec.
971
This Bank is entirely owned by THE "CHASE NATIONAL BANK,
58">
Woodward Iron Cor.
28*
337
Chase National Bank
317
New YORK, with Resources of over U.S.83,800,000,000.
Glass 361
National City Bank
27
D, L. BALLANTYNE,
25:
Libby. Mong & Libby
53
Manager.
"
DOW JONES AVERAGE
Mar. 8,
121.47
Mar. 11, 1941.
High Low Close 122.71 121.48 123.64
Change
THE MERCANTILE BANK OF INDIA, LIMITED
Head Office:-5, Gracechurch Street, London, EC.3
Shanghai
Every description of Banking and Exchange business transacted. Loaus granted on approved securities.
Current Accounts opened in Local " Currency and Fixed Deposits re- ceived for one
yoar or shorter periods in Local aud Foreign Cur
terms which will be
on
quoted on application.
SAVE CEFOSIT BOXES TO LET.
KAN TONG PU,
Chiet Manager.
Кан
Felping
rebcies
2.17 up
Authoriand Capital ..
Habscribed Capital
27.83
28.2) 97.61 22.18
.35 up
Pald.ap CİENT
19.43
19.87 19.42 19.57
.14 up
Reserve Fund and Rest,"
*£3,000,000
£1,900,000
£1,050,000
21,254,819
Bonds
90.68
90.76
48.47 11 Commodity Index
59,56
60.47
.17 up 01 up
Business Done:-820,000 shares
Bangkor
Bogibay
Calcutta
Ipoh Euantas
Undres
New York
Colombe
Kandy
Delhi Galle
Kanch!
Kota Bharu
Hongkong
Finanz Bangooo
Byangial
Simula
Bingapore