Prev. Today's High 'Low Close Close Change 10.84 10.68 10.79 10,6904 off 21.75 21,50 21.39. 21,75 .36 up 87 86
861 621
621 62
624 14.10 13.68 14,026 13.75
3 up
up 37 off
Adama şikxpress
Close
Opening
Clasing
Change
Alleghany Steel Co. ? 22
10.77/77
10.78/78
10.71/71
.00 off
Allis Chalmers
10.73/74
10.75/77
10.69/69
.04 off
Aluminium Ltd, .......
-10.79/75
10.76/70
10.67/87
06 of
Amer. Gan
and demand
On New York:-
Bank Bills, on demand 24 1/8 Credits, 60 days', sight 24 7/8
On Estarin:---
“
On demand
On India:-
Telegraphic Transfer.
January
82 1/2 Spot
102 1/2 October,
December
10.61/61
10.05/67 10.54/54
07 off
American Cyanamid B
10.80/60
-10.58 N
11,11
10.67/66 10.68/68
10.52/53
08 off
Amer. & Foreign Power ...
10.51/51 11.07
,07 off
Amar & Foreign $7 pf.
.04 OFT
Amer. Locomotive....
Total sales Saturday:-259,000 bales,
The last notice day for March Cotton is 14/3/41
Amer. Metals Co.
Amer, Radiator
Amer, Rolling Min
NEW YORK RUBBER
Amer. Sting and E'ing Co.
PAGE 10-HONGKONG-DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
MARCH 12, 1941
On London :----
Telegraphic
Transfer. 1/2 7/8
Bant Bills, on demand 1/3 7/8 Credits 4 months' sight
On Shanghai:-
On demand
On Singapore:--
On demand
On Japan:-
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE)
NEW YORK, Mar. 11 (Router), "
New York. Cotton. May New York Rubber, May Chicago Wheat, May Chlongo Corn, May New York Hides, June
NEW YORK COTTON
.430
March
62 3/4
May. July
NEW YORK STOCK EXCHANGE
STOCKS
1)
QUOTATION (REITER'S SERVICE)
MARCH 12, 1941
Last Sale
Mar. 11
Loew's me.
201 -
THURSDAY, MARCH 13, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital $50,000,000
INDIA, AUSTRALIA
AND CHINA
I
Issued & Fully Paid-Up #20,000,000 Incorporated by Royal Charter, 1856,
Reserve Fund":
Read Office:-HONG KONG
Chairman,
Hon. Mr. S. H. Dodwell, G. Miskin, Esq.,
K. S. Morrison, Esq.,
Hon. Mr. T. E Pearce,
HEAD OFFICE: LONDON: 38, Bishopsgate E.0.2. Sub-Agencies In London: 117/129, Leadenhall Street, E.0.2 West End Branch:" 14/16, Cockspur Street, S. WI Manchester Branch: Mosley Street, Manchester, 1.
AGENCIES AND BRANCHES › ALOR STAR HONG KONG FINANÉG AMRITSAR
RANGOOS ILOILO BANGICK BATAVIA
BOMBAY
Sterling...
Reserve Liability of
£6,500,000 Paid-Up Capital H.K. Currency Reserve $10,000,000 Reserve Liability of Pro
Reserve Fund
£3,000,000
...£3,000,00
STOCKS
Last Bale
Proprietors
$90,000,000
prietors
....£3,000,000
Mar, 11
8
33
Loft Incorporated
18
Mack Truck Inc.
741
i
281
Martin, Glen L... 37
814
McKesson & Robbins, pfd.
261
341
Montgomery Ward
38
13/18
M'tain City Copper Co.
Board of Directors: Hon. Mr. J. J. Paterson,
W. H. Lock, Esq.,
Deputy Chairman.
ཐ
16)*
J, K. Bousfeld, Esq.,
National Aviation
9
137.
Nat, Dairy Products
134
18
A. H. Compton, Esq., LJ. Davies, Esq.,
National Distillers
21
6+
National Lead
141
IPOR
BAIGON
| Nat, Power & Light
BIRIMBAN
40
National Supply Corp.
On demand
On Paris:---
On Saigon:-
On demand
On Manila:-
45 1/4
May
21.39/40
21.50750
21.75/75
38 up
Amer. Sugar Refining
171
New York Central
· 12}.
Amer. Tel. ✯ Tel ......................
165
July New contract
. 20.75/75
20.81/81
21.10/10
35 up
Niagara Hudson Power
21
Hon. Mr. A. L Shields, Sir Vandeleur M. Grayburn,
KABAOBY
ELANO
BRANGEL
CALOUTTA
SINGAPORE
Bank Bills, on demand Soc.
Credits months' sight Nom."
September ( December {
ין
}
... 20.35b/403
20.43/43
20.60/80
.25 up
Amer. Tobacco "B"
69
N. American Aviation
141
)
20.15 N
20.30 4
20.380/458
Apter. Waterworks
51
Chief Manager. PAIN PLACE
23 up
North American Co.
151
Anaconda Capper
24歳
Northern Pacific
6+
Branches:
104 1/2
Total sales for the day:--720 tons.
Atchison, T. & 8. Ft. '...........
237
Owens-Illinois Glass Co.
434
Aviation Corp.
31
Aary
Johnre.
CHICAGO WHEAT
Pacific Gas & Elec
271
Baldwin Lecometive
154
Bangkok
Kobe
Rangoon Saigon
On demand
On Bangkok:-
1*48 1/4
May July
861/861
831/832
86/86 831/831
867/87
04 up
Packard Motors
22
Batavia
Kowloon San
Baltimore & Ohio
31
831/832
at of
Pan-American Airways
13)
Bombay
Kuala
Francisco
Barber Asphalt Co.
81
On demand
On Sterling" Notes:---
-Bar Silver per oz.
149 1/2
September
84 83%
831/881
01 of
Paramount Pictures
111
Calcutta
Lumpur Shanghai
Barnsdall Ou..
8)
Bank Buying Rate
Nem. '93 3/8
Monday's sales:-20,953,000 bushels.
Pennsylvania R.R.
238
Canton
London
Singapore
Bendix Aviation.
354
Phillips Petroleum
371
Chalco
Lyons
Sourabaya
Bethlehem Steel
80
Colombo
Malacca
Sungei
CHICAGO CORN
Public Service of N.J..
Bliss Co.
17
Dsirén
Manila
Patani
May
July
September
MARKET
6.78 N
NEW YORK SUGAR NO. 3.
May July
War Loan. 31% (Red,
after 1962) Defence Loan, 3%
Market Report
FROM ROZA BROS.
Silver prices were unchanged NEW YORK HIDES
yesterday, the quotations remain-June
ing at 23.3/8 for Ready and 23.-September 5/16 for Forward. American Silver
was quoted at 343/4 for Spot.
The London/New York cross- rate was quoted at 402.1/2. New York/London was quoted at 403-
1/2
Very quiet.
STERLING
Total sales for the day:-218 contracts.. NEW YORK COCOA May
Volume of business done:-378 lots NEW YORK SUGAR NO. 4
No business was reported. The May market closed with sellers at 1/3 July.. up to June, buyers "at 1/3.1/32 for any delivery.
U. S. DOLLARS Nothing was reported. The market closed with sellers 24.1/2 for forward, and near, buyers at 24.9/16 for Cash,
SHANGHAI DOLLARS
Volume of business done:---30 lots. NEW YORK COPPER FUTURES July
NY. Official Silver
at N/ London Cross Rate 4.03-1/4
Business was done during the course of the morning at 444.178. 444.1/2 and subsequently at 414. At the close there were sellers at 443.1/2, buyers at 444.
SHANGHAI MARKET
Quiet. Sellers of Sterling for near delivery at 3.3/8 and U. 9. Dollars at 5.1/2.
Shanghai Exchange
Shanghai, Mar. 12 (Reuter).
Official T.T. Rates
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Mar. 11.
34-3/4 4.03-1/2
LONDON STOCK
EXCHANGE
LONDON, March 12 (Reuter)— The Stock Exchange yesterday was duli in the absence of construc-
and the undertone
The following quotations are the tive factors but there was no sell- addle prices at the close of the ing pressure market in London. All quotations was steady
are subject to confirmation and no There was some profit-taking on responsibility is assumed for errors gilt-edged securities and also on in transmission.
Indian bonds, while Industrials tended to be lower.
"Goodrich (BF.)
621/624
* 621/621
Pullman Inc..........
621/621
01 up
Boeing Airplane Co.
161
Foochow
Muar
Swatow
621/621
021/621
621/623
01 up
Pure Oll
Borg-Warner
187
Haiphong (Johore) Tientsin
621/621
629/621
Radlo Corpn. of Am
41
Rankow
Mukden
9 up
Briggs Mig.
222
Tokyo
Bydd M'facturing Corp.
41
Reading Company,
Com
14
Harbin
Remington Arms Co., Inc,
41*
Iloilo
Canadian Pacific R'way
31
14.02b/04a 14.10/10 14.01/05
13.75/75
.27. off
Case, I
501
Republic Aviation Corp.
37
Ipoh
14.12/13
18.73/74
28 off
Celanese
241
Republic Steel
19}
Chesapeake & Oblo
39
Revere Corp.
9
Chrysler Corpn.
631
Reysold Tobac. "B"
321
Safeway Stores
Columbia Gas & Elec
4
6.78/80
6,94 N
.18 up
Commercial Credit Co....
303
Schenley Distillera
Sears Roebuck
Dom, & Southern "(Ord.)
02
Shell Union Of
Consolidated Edison
211
231b/32a 2,35b/38a
2,29b (301
.: .02 off
Consolidated OR .....
51
Socony-Vacunum Oil
various sizes to let:
2,33b/346
.02 off
Continental Can
371
Southern Pacific
Continental Oll
18
Southern Ely $5 pfd.
Copperweld Steel
15)
Spicer Manufacturing Co
.73b/74a .73b,.75& .87b/.783 .776/77ja
.7248/.73
.00% off
Curting Wright (C.)
84
Standard Brands
Stand Gas & Elec.
776/77ła
unch.
Curtiss Wright. "A"
271
Deere & Co.
21
Standard Oil of California
181
Distillers Corpn. Seagrams
17
Standard Oil of MJ.
347
TRUSTEE and
business undertaken.
Hongkong, 26th February, 1941.
HONGKONG SAVINGS
BANK
EXECUTOR
New York Tsingtao Peiping Yokohama Penang
HAMBURG
BANKÓW
MEDAN
BITIĄÁVAN BOURABAYA
TAIPING TIENTSIN
TUNGKAK
(Bhuket),
TSINGTA
NEW YORK YOKOHAM
PRIPING.
(Peking)
い
FOREIGN EXCHANGE and General Banking Businem transacted.
CURRENT A¤0ourтg opened and FIXED DEPOSITS "received for One Year
"shorter periods'in Lops] or Other Currencies at rates which will be quoted. on application..
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates cbtainable
application.
CURRENT ACCOUNTS opened in Local Currency and FIXED DE- 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 claim's recovery of British Income Tax overpaid, on
quoted on application.
SAFE DEPOSIT BOXES of terms which may be ascerta ned at
any of the Agencies and Branches.
W. H. EVANS THOMAS,
Manager.
AGENCIES:
SLOTH STARKT
KUALA
LUMPUR
CANTON
KUCHING
OLWNPORE PZBQ COLOMBO
MADRAL
MANILA
DELHI
HAIPHONG
4
Douglas Aircraft
75
Stone & Webster
7
11.04/95 34-3/4
11.88b/95a 11.78b/82a
.16 cr
Du Pont de Nemcura
145"
Studebaker Com,
61
The Business of the above Bank
BANK OF EAST ASIA, LIMITED
Bagle Picher Lead
91
Swift International
18
s conducted by the HONGKONG
SHANGHAI BANKING COR
Elec. Autolite
Eaton Mix Co. E
Technicolor
91
934
PORATION.
Rules may be obtain-Authorised Capital 310,000,000.00
311
Texas Corp.
351
ed on application.
Paid-Up Capital
5,598,600,00
Texes Gulf Sulphur
351
Elec Bond & Share
31
Elec. Bond & Share $5 pt.
531*
Timken-Axle
314
Elec Bond & Share $8 pt
811
Trans-Americs Co.
42
Elec. Power & Light 37 pl.
324
20th Cent. Fox.
V. M. GRAYBURN,
Chief Manager,
Flintkota
14
Union Bag & Paper Corp.
111
Hong Kong 25th Feb., 1939.
Gen. American Trans,
50*
Union Carbide & Carbon
.683.
Union Pacifc
*771
THE CHASE BANK
Gen. Electric
331
Gen Motors
433
United Aircraft
38)
|
-Gen. Railway Signal
141
United Airlines Trans
13
Gen. Tire & Rubber
112
United Corpn.
Glidden Co.
19*
United Corpn. $3 cum pf. 264
1 QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
134.
United Gas Corpn.
02
Goodrich $5 pt.
624
United Gas Improvement &
Goodyear Tire & Co.
181
U.8., Industrual Alcohol.
£
Great Northern Iron Ore
147
US. Rubber
Opening
Canton-Kigon Rly. 5%
1041 1011 11
Home rails and oils were tregu- lar and Kairs were quiet pending tomorrow's Union budget."
Great Northern Rly, pfd.
251.
U6. Rubber $8 pid,
Great Western Bugal
26
US. Smelting
Greyhound Corpn.
11
7.8. Steel
London
0/3-5/8
New York
5-3/8
Jupan
22-3/4
India
Paris
...... 18-3/8
nominal
Chinese 41% Gold Lan
1898 (Brit. Isme? Chinese 5% Gold Bonds.
"1925/4!...........
Egyptian bonds were unifled and advanced slightly.
Hercules Powder Co.
70*
Vanadium
Tultee Aircraft
Homestake Mining
461
42
40-44
Hongkong
22
Chin. 41% Anglo-French
Loan, 1908
45.
Sterling
Selers
Chinese 6% Crisp Loan
1912
24
*
Opening Closing
| Chinese 5% Reorg. Loan,
1013 (Ldn. Is.)
Ti
31
Price: £269-1/8, -
Spol
0/3-3/8 073-3/8
Mar
0/3-3/8 0/3-3/2
Apt.
0/3-23/64 0/3-23/64
Chinese 8% Bter. Noten,
1925 (Vickėra);
Wall Street was firin
LONDON METALS
EXCHANGE
London, Mar. 11 Renter).
Standard, Cash,
Tir, Standard, 3 months, Middle
Int Nickel
251
Walworth Co.
Inter. Paper & Power Int. Tel. & Tel. Johnsman
134
Warner Bros. Pict..
24:
Westinghouse Elec."
584
Woodward Iron Cor.
1876 18 2.5 8
Kentecott Copper Libbey-Owens-Ford
3.31
Chase National Bank
311*
Class
36
National City Bank
26**
Middle
Lockheed Aircraft
241
Libby. Monell & Libby
U.S. Dollars
Spot
$5-1/2
$5-1/2
Chin. Imperial Rly. 5%
Loan Honan Rly, 5%
47
14
Mar.
5-1/2
April 5-17/32 Market:
5-1/2 5-1/2
Hukuang Rly. 5%, 1911...
(LP, N/Y Issue
14
་་་་་་་ཚ་ ་ ་ ་ ་ས་
8-10
Price, £288-378.
Market firm.
Quiet
Hukuang Rly. 5%, 1911
Silver Duty Rate
German Issue)
12
The Central Bank of China's rate on London at. 10 a.m. today wag 1/2-1/20.
Lung Tsing & U На
DOW JONES AVERAGE
1940/41
Mar. 12, 1941.
Eligh
Low Dow Jones Averages 132.80 111.84 30 Industriala
32.67 22.15 20 Rails
Mar. 10, High Low Close
173.6+
124,20 13,03 123.87
Change .37 off
2-18
28:20 27.98 22,00
.18 of
26.45 - 1803 20
Utilities
19.57
19.78, 19.55, 19,58
O up
92.19
83.08 40:
Bonds
9:475
04.07-4874 11. Commodity Index
50.47
90.79 60.48
04 up .0% p
Business Done: 10,000 shares
WANT ADS
For the HONGKONG & SHANGHAI Reserve and Undivided
BANKING CORPORATION.
18, 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 THE CBABE NATIONAL BANK, NEW YORK, with Resources of over U.S.$3,800,000,000.
D. L. BALLANTYNE,
H
Manager.
b?
Head Office:-HONG KONG
No. 10 Des Voeur Road, Central
Board of Director.
HON. SIR 'SHOUBON Ünow, Chairman Li Koon Chun. Eng. Li Lan Sang, Esq.
P. K. Kwak, Esq. Wong Chu Son, Esq. Wong Yu Tong, Eaq, Fong Fing Wal’Enj. Chan Ching Sack, Esq.
KAN TONG Po, Esq., Chief Manager HON. MR. LI T8E FONG, Manager
Branches and Agencies:
HAM
Kowloon
Promag Bingaporn L'oudoa Margoon Sourways Manli Halgon Batow
Kalbosna Ban Fran- Sydney. Noga
cisos Tientsin
New York Bestia VLODOSTER
Paris
Paiping
Semarang Shanghai
Every description of Banking and i Exchange business trapected. Loans granted on approved securities.
Current Accounts opened in Loon! Carrendy and Fixed Deposits re- ceived for one year or "periods in Local and Foreign Cur rencies ON terms which will be punted an application.
abortor
SAVE CEPOSIT BOXES TO LET
KAN TONGʻ PO,
Chief Manager.
Profits
..2,983,281.50
Andy Estaria Bombay Calcutia
Msiphong
Hankow
*moleku
. Bly. 5% .1913
12
S'hal-N'King Rly. 5%
14
24
Calcutta, Mar. 11 (Renter).
Feg
41
100
The Equalisation rate was per cent
Calcutta Exchang
TT on Japan. 81-1/4"-
India Rupee Paper
Bombay, Mar. 11 (Reuter). Govt, 34% Rupee, 95-08-0.
HONGKONG
SHAREBROKERS
ASSOCIATION
Volume of Business, Transacted
on Wednesday, Mar. 12, 1941.
SALES"
HK. Docks (Old), HK, Telephones (Old), 100 .*200 H.K. Tramways
400
Sale on Tuesday, Mar. 11, This total value $ $7,375.00.
G'hai Waterworks” “A” 12 $16.50 Union Insurance gal. 24.
24,25 Gula Kalumpong Rubber 15/9 18.50 Lon, Mid, & Scot, Rly. 12. Great Western Bly... 314 National Bank of India 31 B.-A, Tob (bearer)
Shell · Tran.
(bearer)...
bid
Tientsin-Pukow Rly., 5%
(Brit. Stpd.)
12
Spot, 23-3/84,
Tientsin-Pukow Rly, 3%
(German Stpd.)
12
| Tientsin-Pukow Rly. 6% Brit. Stpd: Supl, Loan)
12
Forward, 23-5/168:
BOMBAY SILVER
Bombay, Mar. 11 (Rentor).
Tientsin-Pukow Rly, 5% Ger. Stpd. Supl. Loan) Jap. 8% Bter, Loan, 1924 24-25Į Ger, 1% Intl Loan, 1924.54 Chartered Bank
2 12
Market Steady Oftake 100 bara.
Indian Mint Silver
Operating Bervices for Cargo and Passengers
81
Ready Mar. 24 Settlement
83-04
TO-
63-02
SWATOW, SHANGHAI, TSINOTAU, CHEFOO
HK. S'hal Bank - (Lán.
Rez.)
Apr. 22'Settlement
63-02
74
H.K. & Bbal Bank (Col.
78
Chinese Eng, & Mining
LONDON GOLD
London, Mar 11 (Reuter).
(bearer)
17.,
Bar Gold, Fine per cz, 188 -
Chosen Corporation.
Al
Mercantile Bank of In-
dja, £5, "G" ...
111
Pekin Syndicate ......
.1/0
Bristol Aeroplane
10/31
[@hai Elec, Conetri Co:
12/6
Imperial Chemical Ind. 29/3 United Steel
20/71
Woolworths
48/7)
Maraman" Investments
6.8.
Western Holdings
9/41...
Bub-Nigel
142/8
Trad.
Dunlop Rubber
27/8-
31/3
43/11 dy
SILVER MARKET
„LONDON SILVER... London, Mar 11 (Reuters. Sliver Market dull and teature- less with practically do business. In the afternoon. the market was
idle and featureless, with no busi- mess
INDO-CHINA
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL "EXCHANGE
BANK
STEAM NAVIGATION COMPANY LIR PAID-UP UAPITAL $40,000,000.00
and TIENTSIN
KOBY and OSAKA
SINGAPORE PENANG and CALCUTTA
BANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal-in the French Concassion at Shanghai, where passengers and cargo are landed.
For further particulars
please apply to
JARDINE MATHESON&Co.,LTD TELEBLONECZOZILO GENERAL MANAGERSTM
(BRANCHES ALL OVER CHINA) Owing to our numerous Branches iq 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 OfficeSHANGHAI Hong Kong Branch:
4, QUEEN'S ROAD, C.- South China Offices..
KONGMOON TOISHAN KINGCHOW
CANTON
SWATOW SHIUCHOW.
We also handle the issue of Bonds and other Public Funds of the Chinese Government both at Home and Abroad. hely
SHOU J. CHEN,
Manager.