(REUTER'S SERVİCE)
863
624 621. 624
Frey. Today's High - Low Close Close Change 10.73 10.87 10.67 10.89 .02 up 21.97 21.75 22,35 .50 up
851 851 859 621
ca unch...
STOCKS..
13.71 13.68
.13 off
Close
Opening
Closing
Change
Adams Express
433
52 3/4
May
July
October
....................... 102 1/2
December
Transfer.
January
-82 1/2 Spot
Alleghany Steel Co.
On Batavia:-
On Paris:
On Baigon:-
On demand
..... 45 1/4
May
September (
December (
Ou Singapore:-
On demand
On Japan:-"
On demand
On India:-
Telegraphic
and demand
On New York:
Bank Bills, on demand 24 1/8 Crediis, 60 daya' sight 24. 7/8.
On demand
Bank Bills, on demand Nom.
Credits 4 months' sight Non.
Total sales Wednesday:-125.100 bales.
The last notice day for March Cotton is 14/$/41 NEW YORK RUBBER
10.72/72
10.72/72
10.73/73
.01 up
Allis Chalmera..
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
MARCH 147 1941
On London:-
1.
Telegraphic Transfer. The Bank Bills, on demand 1/2 7/8 Credits 4 months, sight
On Shanghai ---
On demand
NEW YORK COMMODITY MARKET
ENW YORK, Mar. 13, 1941.
New York Cotton, May New York Rubber, May Chicago Wheat, May Chicago Corn. May New York Hides, June NEW YORK COTTON March
ויזיויי לוק
22.40
...... 13.80 19,51
NEW YORK STOCK EXCHANGE
il
QUOTATION
(REUTER'S SERVICE),
MARCH 14. 1941
SATURDAY, MARCH 15, 1941.
BANKS.
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION.
850,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up 890,000,000 Incorporated by Royal Uharter, 1868
9
Authorised Capital..
Reserve Funda:
Sterling
Last Sale,
STOCKS
Last Sale
Proprietors
.$20,000,000
Mar. 13
Mar. 13
£6,500,000 Paid-Up Capital
...........₤£3,000,000 A.K. Currency Reserve $10,000,000 Reserve Fund
£3,000,000 Reserve Liability of
Reserve Liability of Pro-
prietors
.£3,000,000 HEAD OFFICE: LONDON:
52
Loew's Inc.
213
32
Loft Incorperated
18
29
10.67/88 10.67/68
10.89/70
.02 up
10.65/65 10.68/86 10.52/52
10.52/52 10.47/47 10.48/48 10.45/45
10.47/47 11.00
Aluminium Ltd.
Mack Truck Inc.
271
74*
10,63/68
.63 up
Martin, Glen L
Board of Directors: Hon. Mr. J. J. Paterson,
Amer. Can
271
871
10.55/55
.03 up
American Cyanamid B.
McKesson & Robbins, pld.
2511
321
10.51/51
.04 up
Montgomery Ward
ner & Foreign Power
13/16
37
10.51 N
.06 up
Amer
& Foreign $7 DI.
M'tain City Copper Co.
3
Chairman. W. H. Lock, Esq.,
Deputy Chairman.
18
11.02
.02 up
Amer, Locomotive
National Aviation
J. K. Bonafold, Esq.,
91
134
Nat. Dairy Products
134
A. H. Compton, Esq.,
quer. Metals Co.
18
National Distillers
L. J. Davies, Esq.,
Amer. "Radiator
21+
BE
National Lead
Hon. Mr. S. H. Dodwell,
153
Amer. Rolling Mil
14t
Amer. Sting and Ring Co.
Nat, Fower & Light
391
G..Miskin, Esq...
K. 8. Morrison, Esq.,
21.75b/90a 21.75b/872 22.25/23
.05
קט
Amer, Sugar Refining
174
National Supply Corp.
Hon. Mr. T. E. Pearce,
July (New contract)
21.20b/25a 21.20b/29a 21.90/90
.70
up
New York Central
Head Once: HONG KONG
38, Bishopsgate E.0.2. Sub-Agencies In London: 117/122, Leadenhall Street, E.C.a West End Branch: 14/16, Cockspur Street; S.WI Manchester Branch: 3, Mosley Street, Manchester,
AGENCIES AND BRANCHES
ALOR STAR AMBITRAR BANGXOX BATAVIA
BOMBAY
HONG KONG, FÉNANU ILOILO
RANGOO
** IPON
SAIGON
BEREMBAN
KABACHI
Amer. Tel & Tel
164
20.70/70- 20.50 N 20.50/70a
20.71b/79
21.10/10
.40 up
Niagara Hudson Power
Amer. Tobacco “B”
68
2R
20.85 N
.35 LD
N. American Aviation
Sir Vandeleur M. Grayburn,
Amer, Waterworks
141
51
North American Co.
Total sales for the day:-690 tons.
Anaconda Copper
244
151
Hon. Mr. A. L Shield,,
AGENDIES:
KOSE
Chief Manager. FAILIA PLACK
CLIYA SIKET KUALA
SHANGHA
KLANG
CALCETTA
BINGAPOR
SITIAWAN
SOURABAYA
Northern Pacifc
6
104 1/2
49 1/4
• Correction
CHICAGO WHEAT
May
Atchison, T. & S. Fe.
231
149 1/2 July
September
"Now.
23 7/16
CHICAGO.CORN
May July
September
NEW YORK HIDES
Featureless.
1925/47
On Manila:-
On demand
On Bangkok:--
On demand
On Sterling Notes:-
Back Buying Rate
Bar Sliver per oz
Market Report
FROM ROZA BROS.
Friday, Mar. 14, The price for Ready Silver was June unchanged
at 23.7/16 but the September
Forward rate rose 1/16 to 23.7/16. Silver advices reported the market as being steady but quiet. Ame- rican, Silver "was quoted at 34.3/4 "for. Spot.
Total sales for the day:-88 contracts. NEW YORK COCOA
May
NEW YORK SUGAR NO. 3 The London/New York cross-May rate was quoted at 4021/2. New July York/London was quoted at 403.- Volume of business done:-466 lots
· 1/2.
· MARKET »
STERLING
There were sellers at 1/3 up to June, buyers at 1/3.1/32 for any delivery
U S. DOLLARS Some business was done during "the course of the morning at 24.- 9/16 for Cash, Later 24.1/2 was also reported for Cash. The with market closed at 1 p.m. sellers at 24.1/2 for near and for- ward buyers at 24:9/16 for Cash.
· SHANGHAI DOLLARS Opened with sellers at 446 with business done during the course of the morning at 448.1/2 and 446.1/2 and 446.3/4. The market closed at 1 p.m. with sellers at 447. buyers at 447.1/4
721b73a73b/752 ,77b/77fa 78/78 Volume of business done:-199 lots. NEW YORK COPPER FUTURES July
11,60/60 N.Y, Official Silver 34-3/4 NY-London Cross Rate 4.03-1/2
LONDON STOCK EXCHANGE
(REUTER'S SERVICE) London, March 13. Tientsin-Pukow Rly. 5% The following quotations are the (Ger. Stpd. Supi, Lean, middle prices at the close of the Jap. 8% Ster. Loan, 1924 market in London. All quotations 3er, 7% Intl. Loan, 1924 are subject to confirmation and no Chartered Bank responsibility is assumed for errors HK. & Shai Bank (Ldn in transmission.
Reg.)
SHANGHAI MARKET Opened with sellers of Sterling at 3.23/04. The last rate received reported a shade lower at 3.11/32 Janton-Kloon Rly.".5% for Spot, U. s. Dollars opened Chinese 41% Gold Lan with sellers at 5.15/32 and at the 1898 (Brit. Issue) close the selling rate was un-Chinese 5% Gold Bonds. changed.
Owens-Illinois Glass Co.
434
Aviation Corp.
32
Paciile Gas & Mec
Amoy
Branches: Wohnri
27.
daldwin Lecometive
151
Bangkot
Kobe
08/851 821/823 813/813
853/858
823/822
852/838 821/82 821/821
Packard Motors
off
23
Baltimore & Ohio
3A
Batavia
Kowlo
Rangoon Saigon San
CANTON OAWNPORI CEBU COLOMBO DELHI
LUMPUR KUCHING*
TAIPING
MADRAS
TIENTSIN TONGXAR
MANILA
MIDAN
(Bhukes)
ISINGTAL
N
Barber Asphalt Co.
87.
Pan-American Airways
12
Horibay
Kuala
off
Paramount Pictures
Barnsdall of
101
Calcutta
84
Lumpur Shanghai
Pennsylvania R.R
231
Canton
· London
Wednesday's sales:
14,507,000 bushels
Singapore
Bendix Aviation
34%
Phillips Petroleum"
371
Chefoo
Lyons
Sourabaya
Bethlehem Steel
781
Public Service of NJ
Bliss & Co.
251
Coloni
Malacca
Sungei
164
621/621 627/623°
£21,621.
unch.
Pullman Inc.......
Dairen
24
Patani
Jeing Airplane Co.
153
Foochow
6217620
628/821
633/62)
3 up
Pure Oll
71
Swatow
Borg-Warner
18
621/621
621/621
up
Briggs, Mig.
Radio Corpo, of. Am.
$
23
Bankow
Mukden Tokyo
Budd Mfacturing Corp.
Reading Company,
Com
141*
4
Harbin
Remington Arms Co., Inc.
42*
Iloilo
13.71/72
13.72b/73a
13.76/76
13.58/58
.13 ott
Canadian Pacific R'way
3+
Peiping
Republle Aviation Corp.
4
Ipoh
13.74/75
13.64/64
08 of
Case, J.I..
49
Celanese
2371
Republic Steel
187
Chesapeake & Ohio
39)
Revere Corp.
81*
Chrysler Corpn.
661
Reynold Tobac. “B”
314
7.10/10
Safeway Stores
39
7.09/10
. 6.89 N
21 off
Columbia Gas & Elec.
.4
Commercial Credit Co.
294
Schenley Distillers
9+
Com, & Southern (Ord.)
11/16
Sears Roebuck
124
2.31b/32a. 2.35b/364
2.33b/34a 2.37b/38a
.02 up
Shell Union Ofl
121
quoted on application.
Consolidated Edison
21}
SAFE DEPOSIT
BOXES
02 LP
Consolidated O
Socony-Vacunum Ou
B
51.
Southern Pacific
81
various sizes to let.
Continental Can
361
TRUSTEE
and
NEW YORK SUGAR NO. 4
May July
Continental Oil
18
Southern Rly $5 pfd.
21%
business undertaken.
.76b/.77a .804b/.810
.03 "up
Copperweld Steel
16
Spicer Manufacturing Co
331*
Standard Brands
03! up
Curtiss Wright. (C.)
&7
Curtiss Wright “A”
26++
Stand Gas Elec.
1
Decre & Co.,
21
Standard Oll of Californie
183
11
Distillers Corpn. Sengrams
161*
Standard Oil of NJ.
381
D
11.55b70a
اویر
11.62/62 34-3/4 4.03-1/2
.62 up
Douglas Aircraft
741*
Stone & Webster
7
BANK
w
Du Pont de Nemours
144
Studebaker Com,
61
Swift International
18
Eagle Picher Lead
Technicolor -
91
Eaton, Mfg. Co.
323
Elec. Autolite
.30%
Texas Corpn.
35+
Elec Bond & Share
3+
Texes: Gulf Sulphur
358
Elec. Band & Share $5 pt.
543Timken-Axle
311
Elec Bond & Share $8 pí.
613
Trans-Americs Co.
44
Cleo. Power & Light $7 pí. Flintkote
32
20th Cent Fox
6
13*
Union Bag & Paper Corp
11
V. M. GRAYBURN,
Chief Manager, Hong Kong, 25th Feb., 1830..
12:
Gen. American Trans
503
Union Carbide & Carbon
66
211-25
Gen. Electric
327*
Union PactAc
775
5
Gen. Motors
43)
United Aircraft
383
.83
Gen. Railway Signal
14
United Airlines Trans
131
Gen. Tire & Rübber
114
United Corpn,
раз
76
£
HK. & Shai Bang (Col.
Glidden Co.
121
United Corp. $3. cum pf: 251
War Loan, 3% (Red
after 1952) Defence Loan, 3%
Feg)
Gondrich (B.F.)
131
United Gas Corpn.
78
104)
Chinese Eng. ^ &-Mining
Goodrich -$5.pf.
621
United Gas Improvement 81
101
(bearer
Goodyear Tire & Co, ........
174
U.S.. Industrual Alcohol.
24*
17/
Great Northern Iron Ore ...
141
U.B. Rubber."
212
11
Chosen Corporation
4/-
ri
Mercantile Bank of In-
Great Northern Rly, pid. Great Western Sugar
2431
US. Rubber 38 pid.
00...
251
US. Smelting
553
42
dia. £5, "G"
113
Pekin Syndicate
Greyhound Corpn.'
11.
US. Steel·
STA
1/6
40-44
'hal Mec. Constr. Co.
12/6
AFTERNOON MARKET The market was dull in the
afternoon,
STERLING
Nothing doing.
The
Chin... 41% Anglo-French
Loan, 1988 Chinese 5% Crisp Loan
1912........ market | Chinese 5% Reorg. Loan
Hercules Powder Co Homeȧtake Mining
72&t
Vanadium
27#
47
Vultee Aircraft
61
Bhai Waterworks "A"
111+
Int Nickel ......
201
Walworth Co.
5.
Li
45
Julon Insurance Gula Kalumpong Rubber 15/9
24.
24
Lon, Mid, & Scot., Rly." 117
Inter. Paper & Power Int. Tel, & Tel. Johnsmari
131
Warner Bros. Pict.
3.
21*
Westinghouse Elec.
951
....
583
Woodward Iron Cor.
2811
Great Western Rly.
314
31
National Bank of India
313
B-A. Tob (bearer)
86/3
Kennecott Copper Libbey-Owens-Ford
delivery.
♫
U, S. DOLLARS
1925 (Vickers) Chin Imperial RI 5%
Loan
8-10
Lockheed Aircraft
Dunlap Rubber
3173
Bristol Aeroplane
10/11
47
Imperial Chemical Ind
28/10
14
United steet
20/71
Woolworths
48/6
(L.P. N/Y Issuet
14
Marsman Investments
8/0
1940/41
and probably 24.0/18 May.
SHANGHAI DOLLARS
ל .
Hukuang Rly. 5%. 1911'
Western Holdings
9/71
High
(German Issue
12
7
Sub-Nigel.
142/6
152.80 111.84 30 32.07 22.16 20.
Hai
Shell Tran.
Trad.
Rly. 5% 1913 8'hai-N'King Rly 5% Tientsin-Pukow. Bly, 5%
(Brit. Stpd.)
12
I bearer)
42/6
26.46 18.03 20 92.19 83.06 40
14
*-bid
64.07 48.74 11
12
Tientsin-Pukow Rly. 5%
12
closed with sellers at 1/3 up to 1913 (Ldn. Is.) June, buyers at 1/3.1/32 for any Chinese 8% Ster, Notes,
Some business was done at 24-
9/16 for Cash. The market closed Honan Ely. 5% with sellers at 241/2 for near and Hukuang Rig 5%, 1911.. forward, buyers at 24.5/8 for Cash
Sellers at 446.1/2, buyers at Lung Tsing & U 448.3/4.
SHANGHAI MARKET Sellers of Sterling at 3.23/64 for Sput and U. 6. Dollars at 5.15/32 for spot.
Shanghai Exchange
Shanghai, Mar. 14 (Reuter)."
Official T.T. Bates
London
New York
Japan
India Paris Hongkong
Spot
Sterling
Opening
0/3-5/8
5-3/8
23-3/4 -18-3/8 Cominal 22
Sellers
Opening Closing-
0/3-23/64 0/3-11/32
Mar. 0/3-23/84 0/3-11/32
· Apr..... 0/3-11/32 0/3-21/64
Spot
Mor.
Apr.
U.8. Dollars
$5-15/32
:
5-15/32
5-15/32 5-15732 5-7/16
6-15/32"
Market: Quiet,
Suver Duty Rate
The Central Bank of China's
rate on London at 10 am today!
was 1/2-1/24.
The Equalisation rate was 241
per cent
" - མ
(German Stpd.)......... Tientsin-Pukow Rly. 5%
Brit. Stpd. Supl Loan) 12
LONDON METALS”
EXCHANGE
London, Mar. 13 (Reuter). Tin Standard, Cash, Middle Price £269-1/2
Tin, Standard, 3 months, Middle Price, £287-1/8,
Market steady but idle" in spite
of fair over-night United States business.
SILVER MARKET
LONDON SILVER
London, Mar. 13 (Reuter). Silver-Market quiet. but steady, with no business. In the after- noon the market W28 quietly steady.
Spot, 23-7/16d.
"Forward, 23-7/168..
Calcuna Exchange
Calcutta, Mar, 13 (Reuter). T.Ton Japan, B1-1/4.
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Passengers
TO-
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE PENANG and CALCUTTA
SANDAKAN
HAIPHONG.
All steamers berth alongside the Boosevelt Terminal in the French Concession at Shanghai, where passengera and cargo are landed.
For further particulars
please apply to-
JARDINE MATHESON&Co.,LTD. BETELEPHONE SOXII • GENERAL MANAGERS &
BANKERS:
The Bank of England and Midiand
Bank. Ltd. BRANCHES:
Drthi Galle
Hongkong.
Howrah
Exfica Kuantan Kandy
Kota Bharu
Konis Lipl
Kaala TrenggaUI Mar
New York
Fot
Kangoon
Shangha
Kuala Lumpur diaspore HONG KONG BRANCH: Every description at Banking, and Kachange business transnoted.
TRUSTEE AND EXECUTORSHIP
UNDERTAKEN
CURRENT LOCGUNTA opened in Local Car réney and FIXED Dedarfs rodaived in Local Currency & STERLING on terms that may be sacertained on apa leation,
D. BENSON,
What do
Manager
you want?
If there is anything you want to buy or sell, try 8. small Classified advertise ment in
kong
18 Dally
the Hong- Presa.
25 words $1.50. prepaid
for 3 Insertions.
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 OVER CHINA) Owing to our numerous Branches in China and connections in the prificipal 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.
SHOUJ CHEN,
331
Chase National Bank
311*
Glass
35
National City Bank
28*
231
Libby. Monel
& Libby
*
DOW JONES. AVERAGE
Mar. 14, 1941.
Low Dow Jones Averages..
Industrials Rails Utilities Bonds
27.96
"Mar. 12, High Low Close 123.16 123.27 122.35 122.58 28.07 27.90 27.99
Change
Manila
Muar
Francisco EAIPHONG.
Haiphong (Johora) Tientsin
New York. Tsingtao
Penang
- Yokohama
HANTOW
(Peking)
FORE.ON EXCHANGE, and Generat Banking Business transacted.
CURRENT ACCOUNT opened and FIXED DEPOSITS received for Ope Year or shorter periods in Local or Other Currencies at raten which will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with CURRENT ACCOUNTS opened interest allowed at rates obtainabl 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 of terms which may be ascertained at
any of the Agencies and Branches.
W. H. EVANS THOMAS,
Manager,
EXECUTOR
Hongkong, 26th February, 1941.
HONGKONG SAVINGS
The Business of the above Bank
is conducted by the HONGKONG SHANGHAI "BANKING COR-
BANK OF EAST ASIA. LIMITED
PORATION. Rules may be obtain-Authorised Capital.....$10,000,000.00
on application.
For the HONGKONG & SHANGHAI
BANKING CORPORATION.
THE CHASE BANK
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PINE STRENT.
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 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
Head Omeo:-15, Gracechurch Strast, London, EC3
Paid-Up Capital 5,593,600.00 Reserve and Undivided
Profits
Head Office:-HONG KONG No. 10 Des Voeux Road, Central
Board of Director. HON. SIE SHOUSON CHOW, Chairman Li Koon hun. Esq. Li Lan Sang, Esq. P.-K. Kwok, Esq. Wong Cha Son, Esq.
Wong Yun Tong, Esq. Fung Ping Wall Esq. Chan Ching Black, Esq.
KAN TONG Po, Esq., Chief Manager HON. Ma. Li TSE FOND, Manager
Branches and® Agencies:
Amoy
Kowloon
Bingapozu
Salzon Satow
Melbourne Bax Fran- Sydney
Suranks
ciaoo Tienbein
Vancouver
New York Seattle Paris
Bemarang
Poiping Shang
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 periode in Local and Foreign Cur rencies OF terms which will be quoted on application.
SAFE DEPOSIT Boxes To LET.
KAN TONG PO,
Chief Manager.
BAMBURG
NEW YORK
PEIFING
YOKOHAMA
#
2,983,261,50
A
Dalmatia
Batavia Bambay
Halping
Hankow
Houldin Kavr
Loudon
Penang
Kangoda
Sourabay
فالعدل
114
:83 of
Authorized, Capital
Subscribed Capital
.04 off
Paid-up Capital
19.50
19.65 19.41 19.48
90.77
Commodity Index 60.53
90.70 60.64
.la off .07 o# .01 up
Reserve Fund and -Best,"
23,000,000
£1.800,000
£1,000,000
€1,254,03?
Business Done:-340,000 shares:
•
Bangkok Inpoi
Borrbay
Calcutta
Colorabe