NEW YORK, Mar. 17, 1941.
Prev. Today's
High Low 10.76 10.51
Close Close
10 81
1062 19 aff
|
22,48
23.40b 08 of
851
87 631 13.81 13.61 13,97 13.70
87 821 63
881
I of
63
urch,
STOCKS
27 of
Adams Express
Close
10.31/83
Opening
Closing
Change
Alleghany Steel Co.
10.71770
10.62/63
.19 off
Allis Chalmers
10.82/83. 10:08/85
1058/58
24 off
Aluminium Ltd,
10.77/77 10.84/61
10.50/50
.27 of
Amer: Canon
10.75/75
10.59/55
10.48/48
27 off
American Cyanamid B.
10 74/74
16.59/58
10.47 N
27 off
10.73 N 11.14
10.44 N"
.29 off
10.05
19 off
Amer. & Foreign Power Amer & Foreign $7 pf. smer, Locomotive ...........
| May"
104 1/ July
On Manila-
48 1/4
On New York:-
Bank Bills, on demand 24 1/8 Crediis, 60 days sight 24 7/8
On Batavia :---
'On demand 45 1/4
On Paris:-
Bank Bills, on demand Nom. Credits 4 months' sight Nom.
On Saigon:
On demand
On demand
Total sales Saturday::-122,400 bales NEW YORK RUBBER May
Amer. Metals Co................
PAGE 10-HONGKONG DAÏLY: PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
·CLOSING QUOTATIONS MARCH 18, 1941.
On London:-
Telegraphic Transfer, 1/8 7/6 Bank Blils, on demand 1/2 7/8 Credits 4 months' sight.
On Shanghai:— w
On demand
On Bingapore:—
On demand.
On Japan:-
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
May
December
445
Judy
October
52 3/4
P
On demand
102 1/2
January
March
On India:-
...Telegraphic
Transfer.
Spot
and demand
J82 1/9
Change
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
MARCH 18, 1841.
WEDNESDAY, MARCH 19, 1941.
BANKS
HỒNGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital: $60,000,000
Issued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, 1880
Reserve Funds:
Head Office:-HONG KONG
Board of Directors: Hon. Mr. J. J. Paterson,
Chairman.
INDIA, AUSTRALIA AND CHINA
· ! .....
Sterling
Last Sale
STOCKS
Last Sale
Proprietors
$90,000,000
Mar, 17
#
Mar. 17
57
Loew's Inc..
32 t
221
| Loft Incorperated
181
28
Mack Truck Inc.
284
731*
Martin, Glen L.
*9
McKesson & Robbins, pid: 251* Montgomery Ward
W. H. Lock, Esq.,
87
£6,500,000 Paid-Up Capital £3,000,000 ..£3,000,00€ H.K. Currency Reserve $10,000,000 Reserve Fund
Reserve Liability of Pro- Reserve Liability of
prietors
£3,000,000 HEAD OFFICE: LONDON: 38, Bishopagate E.C.R.. Sub-Agencies In Lendon: 117/199, Leadenhall Street, E.0.8 West End Branch: 14/16, Cookspur Street, 8.W 1 Manchester Branch:
15/18 Mtain City Copper Co.
11 Deputy Chairman.
31
|National Aviation
J. K. Bousfeld, Esq..
9**
Nat, Dairy Products
134
181*
National Distillers
211
L. J. Davies, Esq.,
A. H. Compton, Esq.,
Amer. Radiator.....
63
Hon. Mr. 8. H. Dodwell,
National Lead .......
102°
22.48/48
22,450/558
22.40
.08 off
Amer. Rolling Mill.........
14
G. Miskiu, Esq.
Nat, Fower & Light .....
P
Amer. Sting and Ring Co.
40*
July (New contract)
21.95/95
29.00/00
21.85b
,10 off
"
September
}
21.45 N
21.40b
21.43/43-
Amer, Sugar Renning
National Supply Corp......
18.
.02 off
New York Central
December
{
... 21.20 N
Amer. Tel, Tel.
1614
21.30/35
21,20 N
unch
Niagara Hudson Power
Amer. Tobacco "B"
88!
Total sales for the day:—100 tona.' CHICAGO WHEAT
N. American Aviation
147
Amer. Waterworks
51
| North · American Co.
Anaconda Copper
248
Northern Pacife.
Branches:
67,871
87/801
816/881
t.off
Atchison, T. & B. Fé
24
Owens-linols Glass Co.
441
837/84
832/831
824/83
Aviation Corp.
37
Amos
Johore
1 off
Pacific Gas & Mec
September
842/841
831/83
Baldwin Lecometive
1 off
151
Bangkok
Kobe
Rangoon Saigon
"
Packard, Motors
Batavia
Baltimore & Ohio
Kowicion Sao
31
Saturday's sales-13,927,000 bushels
Pan-American Airways
On Bangkok:-
Barber Asphalt Co.
Bombay
Kuala
Francisco
81*
Paramount Pictures
Calcutta
Lampur
Shanghai
On demand
149 1/2
CHICAGO CORN
Barnsdall Qu
81
Pennsylvania FR
Canton
Londur
Singapore
On Sterling Notes:-
May
63/63
63/621
63/831
unch.
Bendix Aviation
354
Philips Petroleum
30+
Chefoo
Lyons
Soursbays
"Bank Buying Rate...
Now.
July
Bar Süvar per os.
23 1/2
September
631/631 631/631 631/631
631/831
Lach.
Bethlehem Steel
80
Public Service of NJ,
251
Coloml
Malacca
-Sungei
63/63
1 off
Blisa & Co.
161*
Dairen
Manila
Fatani
Pullman Inc.....................................
Boeing Airplane Co.
18
Foochow Muar
Swałow
Market Report
FROM BOZA BROS.
Tuesday, Mar. 18.
NEW YORK HIDES
June
Pure Oil
Borg-Warner
18t
Haiphong
(Johore) Tientsin
September
13.97/99 13.70/81 14.00/00 13.81/85
13.70/70 13.73/73
27 of
Radio Corpn. of Am.
Briggs Mfg. «...
22+
Bankow
Mukden
Tokyo
.27 off
| Reading Company, Com
Budd M'facturing Corp.
41
Harbin
New York Tsingtao
Remington Arms Co., Inc.
Iloilo
Total sales for the day:-164 contracts.
Canadian Pacific R'way
31*
Rapublic Aviation Corp.
41
Ipoh
Silver prices were unchanged NEW YORK COCOA
Case, JL.
504
Peiping Yokohama Penang
yesterday, the quotations remaining May
Celanese
231
Republic Steel
-191
7.18 N
at 23.1/2 for Ready and 23.7/10 for NEW YORK SUGAR NO. 1 Forward, Silver advices reported the market as being steady with nothing" doing. American Silver was quoted at 34.3/4 for Spot
7.25/30
7.06 N
12 of
Chesapeake & Ohio
301
Revere Corp..
10
Chrysler Corpn.
671
Reynold Tobac. "B"
31
May
2,35b/360
July
2,38b/39&
2.38b/99a. 2.41b/42a
.03 up
Columbia Gas & Elec. ............
41
Safeway Stores
39jt
:03 Up
Commercial Credit Ca
30
Schenley Distillers
01
Volume of business done:-469' lota The London/New York cross-NEW YORK SUGAR NO, ↑ rate was quoted at 402.1/2. New
May York/London was quoted at 403.- 1/2.
Com,, & Southern (Ord.)
11/16
Sears: Roebuck
73
Shell Union 011
quoted on application.
Consolidated Faison .............
21골
Consolidated Oil
5+
Socany-Vacunum Öl
Southern Paciile
91
July
Defence Loan, 3% Canton-K'loon Rig. 5% Chinese 41% Gold Loan
1898 (Brit. Issue Chinese 5% Gold Bonds.
1925/41
Loan, 1808
Closed with sellers at Quiet 24.1/2 for near and also for May. buyers at 24.9/16 for Cash,
Chinese 5% Crisp Loan.
1912
Dall
MARKET
STERLING
No business was reported. There were sellers at 1/3 up to May, buyers at 1/3.1/32 for any delivery. U. S. DOLLARS
Nothing doing. There were sel lers at 24.1/2 for near up to May. buyers at 24.9/18 for Cask.
SHANGHAI DOLLARS Business was done early in the morning at 453 but later the market receded, closing towards lunch time- with sellers at 450.1/2. buyers at 4611/2.
SHANGHAI MARKET Opened with sellers of Sterling at 3.19764 and closed with sellers at 3.5/16 for Spot. U. 6. Dollars.open- ed with sellers at 53/8 and closed with sellers at 5.13/32 for Spot.
AFTERNOON, MARKET
Dull.
STERLING
No business was reported. The market closed with sellers at 1/3 up to May, buyers at 1/3.1/32 for "any delivery
U. S. DOLLARS
N.Y: Official Silver unquoted NY-London Cross Rate 403-1/2
LONDON STOCK EXCHANGE
(REUTER'S SERVICE}
- London. Mar. 17. The following quotations are the adddle prices at the close of the market in London. All quotations: jare subject to confirmation and no responsibility is assumed for errors in transmission,
::.
War Loan, 3% (Red.
after 1952)
Chin 44% Anglo-French
34-3/4 4.03-1/2,
LONDON METALS
THA
EXCHANGE
London, Mar, 17 (Reuter).
Standard, Cash, Middle
Price £272-1/8.
Tin, Standard, 3 months, Middle Price, 269-7/8.
Market firm,
SILVER MARKET
LONDON SILVER
London, Mar, 17 (Reuter). Silver-Little selling. Buyers satisfied. Market steady. In the afternoon, the market was steady, with buyers satisfied and no bus!-
Spot, 23-1/24.
Forward, 23-7/18d.
BOMBAY SILVER
Bombay, Mar. 17 (Reuter), Market Steady. Offtake 250 bars.
Indian Mint Silver
.791b/.80a .80+b/.81a
84b/.84ła .86/.87 Volume of business done:-177 lots.
NEW YORK COPPER FUTURES July
.81b/814 .85b/.88
61 up.
Continental Can
371
TRUSTEE and
01 up
Continental on
··181
Bouthern Rly $5 pid. ............
business undertaken.
Copperweld Steel
141*
Spleer Manufacturing Co
331*
Ourtiss Wright (C.)
91
Standard Brands
6g
Stand Gas & Elec.
Curtiss Wright.“A”
281
11.65b/69 11.60b/808 11.62b/67a
..03 off
Deere & Co.
204
Standard Oll of California 19)
Standard Oll of NJ.
351
Distillers Corpn. Seagrams
18
Douglas Aircraft
74+
Stone & Webster'
Du Font de Nemours
146
Studebaker Com.
6
Eagle Picher Lead"
91"
Swift International
18
Eaton Mig. Co.
334
Technicolor
83*
Texas Corp.
354
Elec. Antolite
304
Amec, Bond & Share”..................
31.
Texes Gulf Sulphur ..
351
Elec. Bond & Share $5 pf.
551
Timken-Axle ........
317
Elec, Bond & Share $6 pf.
64
Trans-America Co
44
Elec. Power & Light $7 pí. Flintkote
341
20th Cent. For
134
Union Bag & Paper Corp.
11
Gen. American Trans.
512.
Union Carbide & Carbon
672
Gen, Electric
331
Union Pacific
78
THE CHASE BANK
Gen Motors
433
United Aircraft
391
Gen. Railway Signal
13*
United Airlines Trans
14
15, QUEEN'S ROAD, CENTRAL
Gen. Tire & Rubber
114*
United Corpn.
11
Glidden Co.
13+
United Corp. $3 cum pt. 251
Goodrich (BF.)
131
United Gas Corpn.
£
Goodrich $5 pt.
621*
United Gas Improvement. B
104-1/16 101-9/16
11
Goodyear Tire & Co.
191
UB.. Industrual Alcohol.....
231
UA. Rubber
221
ness.
Great Northern Iron Ore Great Northern Rly, pfd, Great Western Sugar.... Greyhound Corpn.
251
US, Rubber 38 pfd.
914
254
US Smelting
561
117
U.S. Steel .......
571
Interest Rates on Application,
42
Hercules Powder Co.
704
Vanadium
28
K. 8. Morrison, Esq., Hon. Mr. T. E. Pearce, Hon. Mr. A. L. Shields, Sir Vandeleur M. Graybura,
Chief Manager.
1
32, Mosley Street, Manchester,
AGENCIES AND BRANCHES «
ALOE STAR EONA JONG AMBITBAR ILOILO BANGKOK
IPOR
SATAVIA BOMBAY DALOUTTA
AGENCIES: OLATE BAT
FAIRLIK PLACK. CANTIÓN CAWNPORI СКВО
COLUMBU
DELKI
BALFHONG HAMBURG KANIOW
KARACHI KLANG
KOBE
XDALA
CUMPUR KUCKING MAD BAS -MANILA-
KEDAN
KEW YORK PRIPINA
(Peking)
BINGAPORA
AITIAWAN
HOURABAYA
TAIPING
*. TIENTSIN
TONGKAR
(Bhukos)
MINOTAU TOKOHAMA
FOREIGN EXCHANGE and General - Banking Business transacted.
QUERENT ACCourts opened and FIXED DEPOSITS received for Ons Year or shorter periods in Look o Other Currencies at rates, which will be quoted on application.
SAVINGS ACCOUNT 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 shorter periods in Local and Other undertakes Executor and Trustee Currencies on terms which will be business, and claims recovery of
SAFE DEPOSIT BOXES of various sizes to let.
EXECUTOR
Hongkong. 28th February, 1941.
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the HONGKONG SHANGHAI BANKING COR- PORATION. Bules may be obtain ed on application.
For the HONGKONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 26th Feb., 19390.
HEAD OFFICE: "
18, PINK STEET,
NEW YORK. An American Bank offering com- plete Foreign Banking Service in the principal Markets of the world.
The Bank's Head Office in London
British Income Tax overpaid, on terms which may be ascertained at jany of the Agencies and Branches.
W. H. EVANS THOMAS,
Manager.
BANK OF EAST ASIA, LIMITED
5,098,500,00
Authorised Capital.....$10,000,000.08 Paid-Up Capital Reserve and Undivided
Profits.......
.......................2,983,287.50
Head Offer:-HONG KONG No. 10 Des Voeux Road, Central
"Board of Director.
HON. SIR SHOUBON CHOW, Chairman
Li Lan Sang, Leg. Wang Cha don, Esq. Fony Ping Wah Esq.
Li Koon Chan, Esq. F. K. Kwok, Esq. Wong Yun Long, Eq. <'han thing Shek, Kaq. KAN TONG Po, Esq., Chief Manager HON. MR. LI THE FONG, Manager
Branches and Agencies:
Hartla
Penang ..Blogspare Hangoon
Bourabaya
Bayona, Barstow
Melbourne San Fran. Sydney Nagtaka
FENAMO RANGOON.
BAIGON
BERKHBAR
SHANGHA)
Homestake Mining
462*
Vultee Aircräft
6:
SAFE DEPOSIT BOXES
Amay
P
Kowloos
HALATÍR Babay
kaiphong
HANKOW
New York
deattle
40-44
int Nickel.
261
Walworth Co.
45
Inter. Paper & Power Int, Tel. & Tok
131
Warner Bros. Pict.
22*
Westinghouse Elec.
96
Johnsman
60%
24
Chinese 5% Reorg. Loan.
Kerrecott Copper
832
Ready
62-14
Libbey-Owens-Ford
Glass 347
Woodward Iron Cor. Chase National Bank National City Bank
28
1913 (Lan. Is.)
31
Mar. 24 Settlement
62-14
Lockheed Aircraft
241
Libby, Monell & Libby
SHANGHAI DOLLARS
Chinese 8% Ster. Notes,
1905 (Vickers)
April.22 Settlement
62-00
8-10
at 452.
Loan Homan Rly. 5% Hukiang Rly 5%, 1911..
(LP, N/Y Issuet Bukuang Rly. 5%, 1911
47
United Steel
"20/6
14
Woolworths
48/-
1940/41
14
Muzammar. Invesments
6/ 6
Western Holdinga
10/-
152 80 111.64 30
Sub-Nigel
12
142/6
Shell Tran
Trad
26.45 18.03 20
J1
Hal
12
(bearer)
41/101
92,19 83.06 40 Bonds. 64.07 48.74 11
-bid
-ex div
.14
Closed with sellers at 451, buyers chin. Imperial Rly. 5%
SHANGHAI MARKET Opened this afternoon with sellers of Bterling at 3.5/18 and closed ateadler at 321/64 for Spot. . . Dollars opened with sellers at 5.13/32 and closed slightly steadier at 5.7/16 for Spot.
Shanghai Exchange
Shanghai, Mar. 18 (Reuter)..
Sterling
Sellers
Closing
Opening Bpot 0/3-19/84 0/3-5/16
· Mar. 0/3-19)84 0/3-6/18 Apr. 0/3-9/32 0/3-5/18 U.S. Dollars
Spot
Mar
Apr..
5-3/8
35-3/8 $5-7/18
5-3/8
5-7/18 5-12/32
Market: Quiet,
Silver Doty Bate
The Central Bank of China's rate on Landon at 10 a.m. today was 1/2-1/24.
The Equalisation rate was 241 per cent
Calcut Exchange
Calcutta, Mar. 17 (Reuter). TT on Japan, 81-1/4
India Rupee Paper
Bombay, Mar, 17 (Reuter), GOT #1% Repea, 05-10-0,
(German Issue
Lung Tsing & U
Rly. 5% 1913 8'hai-N'King Bly. 5% Tientsin-Puków Rly. 5%
(Brit. Stpd.) |Tientsin-Pukow Rly. 5%,
(German, Stpd.) Tientsin-Pokow Ry, 4%
(Brit. Stpd. Supl, Loan) 12 Tientsin-Pukow Rly, 5%
(Ger.tpd, Supl, Loan) 12
12
Jap. 6% Ster, Loan, 1924. 25 Ger, 7% Inti. Loan, 1924. 5†
Chartered Bank.....
HK, & Shai Barik (Lan
Reg.)
HK 8bal Bank (Col.
Rex) Chinese Eng. & Mining
(bearer)
Chosen Corporation Mercantile Bank of In-
dia, £6, "0" Pekin Syndicate
B'hai Mec. Constr. Co.
བྷཝཱ བྷ=སྶ སྐྲ 《a# gt"; ྂ=སྶ
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Passengers
"TO-
75
17/-
104+
1/0
12/6
11+1 24
6'hat Waterworks “A” „... Union Insurance................................. Gula Kalumpong Rubber 15/0: Lun, Mid, & Scot, Riy, 12}.. Great Western Ry. 324 National Bank of India 31 B-A Tob (bearer)88/3 Dunlop Rubber
$1/9 Bristol Aeroplane
10% Imperial Chemical Ind. - 29/1
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 Concassion st Shanghai, where passengers, and cargo are landed.
For further particulars
please apply to-
JARDINE MATHESON&Co. Ltd.
TELEPHONEOHATERAL MANAGERS
The Bank of England and Midland
Bank, Ltd. BRANCHES:
Konts TrenggUHJ Sad
Penang
Bangkok
- Ipoh
Bombay
Ostoutta
Konta
New York
Colombo
Kandy
Delhi
Karshi
Rangoon
Gallo
Kota Bharu
Shanghal
Hongkong Kuala Lipis
Simola
Howrsh
Kuala Lumpur" Singapore
HONG KONG BRANCH: Every description of Banking" and Exchange haginem transnoted.
TRUSTEE AND EXECUTORSHL?
GUNUNDERTAKEN
„'CURRENT AO0OUNTE. zawowd in Local Our- Fancy and FREED DEPOSITS. required in Local Currency & STERLING, as turma that may be ascertained on ap] Jention.".
D. BENSON,
What do
you
Manager
want?
If there is, anything you want to buy ar soll, try ¤ small Classified advertise- ment in the Hong- Kong Dally Press,
25 word $1.50 prepaid
for 3 insed
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
FAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerous Branchen 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-BHANGHAI Hong Kong Branch:
QUEEN'S ROAD, C, South Ching Offices..
KONGMOON TOISHAN W KINGCHOW
CANTON SWATOW SHIUCHOW
We also handle the fasue of Bonds and other Public Funds of the Chinese Government both at Home and Abroad Med
SHOU J. CHEN
Industriala
DOW JONES AVERAGE
High Low Dow Jones Averages
32.87 22.16 20 Raile
Mar. 18, 1941. Mar. 15, High Low Close
Change
1 3.40
124.12 1-3.18 123.48
.ce up
decribed Capital...
2.09
28.35 28.04 2977
.02 oft
tilities
19.74
19.77 18.64 19.70
.0: off
Emerce Fund
Pal-i-up Capital Best,"
es,000,000
2,800,000
£1,000,000
£1,254,097
This Bank is entirely owned by THE CHAEY NATIONAL BANK, NEW YORK, with Resources of over U.S.$8,800,000,000.
D. L. BALLANTYNE,
Manager,
THE MERCANTILE BANK OF INDIA, DIMITED
Head Ofce-15, Gracechurch Street. London, EC3
Authorised - Capital
Paying
Bemarang Shabba
Every description of Bauking and Exchange business transacted. Losu granted, ou approved securities sa
Current Accounts opened in Local Currency and Fixed · Deposits 're-- ceived for one year or shorter periods in Local and Foreign Our rencies on terms which will be quoted on application.
SATE DEPOSIT Boxes To Lin.
KAN TONG PO,
Chief Manager.
Hopi
Kun
90.96
Commodity Index
61.60
.07 up #38 off Business Done: -30,000 shares
01.02
BANKERS:
61.14