N
Prev. Today's High Low
Close Close Change 10.88 10.80 10.31 10 87
08 up 22.30 21.98 21.30 22,25b 45 up
891 881
881 651 6.11 14.10 13.75
877 641 651 13.88 13.75
* up
1 up .13 off
"
May
On demand
440
July
'On Singapore !---
October
On demand
................... 52 3/4
December
On Japan:-
On demand
1021/arch
January
On India:-
Spot
Telegraphic
Transfer.
89 1/9
On New York:-
Close
Opening
Closing
Change
Alleghany Steel Co.
10.81/81
10.82/83
10,87/88
06 up
Allis Chalmers
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
MARCH 24, 1941.
On London
Telegraphic Transfer. 1/4 7/8 Bank Bills, an demand 1/2-7/3 Credits 4 months' aight-
On Shanghai:---
NEW YORK COMMODITY MARKET (REÚTER'S SERVICE)
NEW YORK, Mar. 19, 1941.
!|
New York Cotton, May New York Rubber, May Chicago Wheat, May Chicago Corn, May New York Eldes, June NEW YORK COTTON
NEW YORK STOCK EXCHANGE
STOCKS
Adams Express
QUOTATION
(REUTER'S SERVICE)
1
MARCH 20, 1941
¡ Loew's. Inc...
FRIDAY, MARCH 21, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
INDIA, AUSTRALJA
Authorised Capital..... $50,000,000
AND CHINA
Lasued & Fully Paid-Up $20,000,000 Incorporated by Royal Charter, 1806-
Reserve Funds:
Sterling
£ 6,600,000 Raid-Up Capital B.E. Currency Reserve #10,000,000 Reserve Fund Reserve Liability. of
£3,000,000 £3,000,000
Last Sale
STOCKS
Last Sale
Proprietors
.$90,000,000
| Reserva Lisbility of Pro-
prietors
£3,000,000
Mar. 19
Mar. 19
57
321
21+1
Loft Incorperated
18
201
10.78/78
10.83/83
10.84/84
.08 .up
Mack Truck Inc.
28
Aluminium Ltd,
74
10.69/80 10.73/72 10.69/69 10.72/72 10,67/67 10.71/71 1065/85 10.68/69 11.14
10,78/78
.09 D
Martin, Glen L
284
Amer. Can
85+
10.77 N"
.08 up
McKesson & Robbins, pfd. 254
American Cyanamid B.
33
10.76. N
.09 up
Montgomery Ward
361
W. H. Lock, Esq.,
"Amer. & Foreign Power
.7*.
$10.74/74
11.20
".09 up
Amer & Foreign, $7 pf.
M'tain City Copper Co.
31
Chairman.
Deputy Chairman.
161
06 up
National Aviation
J. K. Bousfield, Esq.,
Amer. Locomotiva ".....................
13
Nat, Dairy Products
13+
A. H. Compton, Esq.,
and demand...
Bank Bills, on demand 24 1/8° Credlis, 60 days' sight 24 7/8
Total sales Tuesday:--117,300 bales. NEW YORK RUBBER
May
July (New contract)
Amer. Metals Co.
181
National Distillers
21+
L J. Davies, Esq.,
Amer. Radiator .....
BA
Hon. Mr. S. H. Dodwell,
National Lead
161
Amer. Rolling Mill
137
G. Miskin, Esq.,
21,80/85
21.98/22.00
21 50/50
21.45/50
On Batavia-
.............. 40 1/4
May
104 1/2 July
48-1/4
*
May
Bank Buying Rate
Nom. 23 1/2
July
Funk
There
MARKE
STERLING
were
:
On-demand
On Paris:-
Bank Bills, on demand Now.
Credits 4 months' sight Nom.
On Balgon:
On demand
·On Manila:-
On demand
On Bangkok:→→→
On demand
On Sterling Notes:-
Bar Bliver per os
Market Report
FROM ROZA BROS.
- Thursday, Mar. 20.
13.88/89 13.92/95 Total sales for the day:-220 contracts.
*The price for Ready Silver was NEW YORK Cocoa unchanged at 23:1/2 but the For-May ward rate rose 1/16 to 23.1/2.
NEW YORK SUGAR NO. 3 Silver advices reported Bears as having covered to a small extent. May The market was steady. Ameri- July can Silver was quoted at 343/4 for Spot.
Cross-
Volume of business done:-488 lots
NEW YORK SUGAR NO. 4 The London/New York rate was quoted at 402.1/2, New May York/London was quited at 403-July 1/2"
Quiet.
September (
December
(
>
21.00 B 20.90 N 20.99/21.00
20.99/99
22.25b/35a 21.75b/80a 21.25/25
45 up.
Nat, Fower & Light
Amer. B'ting and Ring Co., 401
E. 8. Morrison, Esq.,
.25 up
Amer, Sugar. Refining
18+
National Supply Corp.
Hon. Mr. T. E. Pearce,
Head Offee:-HONG KONG
Board of Directors: Hon. Mr. J. J. Paterson,
HEAD OFFICE; LONDON:
38, Bishopsgate E.0.2. Sub-Agencies In London: 117/189," Leadenhall Street, E.O.L West End Branch:
14/18, Cockspur Street, S.Wi Manchester Branch:
08. Mosley Street, Manchester, 2
AGENCIES AND, BRANCHES.
ALOR-STAR KONG KONG FINANG - AMELTRAN
ILOILO
BANGOON BALGOR IPOX KARACHI
BANGKOK
BATAVIA
BOMBAY
25 up
New York Central
12
21.05/05
Amer. Tel, & Tel
1611
.15 up
| Niagara Hudson Power
Amer, Tobacco "B"...
681*
Total sales for the day --290 tons. CHICAGO WHEAT
Amer. Waterworks
58
N. American Aviation ......
15
North American Co.
151
Hon. Mr. A. L Shield, Sir Vandeleur M. Grayburn,
Chief Manager.
KLANG
DALOUTTA
AGENCIES:
XOUS..
SEREMBAN
SHANGHA)
SINGAPORE
SITIAWAN
OLIVA STREET KUALA
Anaconda Copper
241
Faixa Prac CANTON
LUMPER
Northern Paciuc
KUCHING
872/877
881/88
881/833
7 up
Atchison, T. & 8. Fe...
24
Branches:
| Owens-Ninois Glass Co.
842/642
851/851
86/861
14 up
Aviation Corp.......
31
Pacific Gas & Elec
Amoy
Johore
September
$52/851
861/881
# up
Baldwin Lecometive
153
Bangkol Kobe
Packard Motors
Rangoon Saigon
| CAWNPORN
CENU
MADKAS
MANILA
COLOMBO DELHI
·BOURABAYA
TAIPING
TIENTSIM
TONGELE
(Bbukes)
KRDAN
TRINGTAL:
Baltimore & Ohio
37
Batavia
Kowloon Sau
Tuesday's sales:-14,885,000 bushels.
Pan-American Airways
Barber Asphalt Co.
81*
Bombay
Kuala
Francisco
Paramount Pictures
124
Calcuti.
149 1/2 CHICAGO, CORN
Barnsdall OU
81
Lumpur Shangbai
Pennsylvania R.R.
231
Canton
London
541/643
643/641
65/651
1
up
Bendix Aviation
35+
Singapore
Phillips Petroleum
381
Chefoo
Lyons Bourabaya
September
641/641 613/65 64/64
851/851 65/85
it up
Bethlehem Steel
787
Public Service of NJ.
251
Colombo
Malacos
Bungel
1
Up
Bliss & Co. .......
16
Pullman Inc..
24
Dairen
Manila
Patani
Boeing Airplane Co.
18
Foochow
Muar
Swatow
NEW YORK HIDES
Pure Oll
7+
Borg-Warner ....
18
September
13.90/95 14.01/15
13.75/75 13.87b
.13 of
Briggs Mfg.
22
Radio Corpn. of Am.
41
Bankow Mukden
Tokyo
.05 off
Budd M'facturing Corp.
4t
Reading Company,
Com
141
Barbin
Canadian Pacific R'way
31
Remington Arms Co., Inc.
5*
Iloilo
Case, JI****
484
Republio Aviation Corp.
4
Ipob
Republic Steel
Celanese
231
191
7,20 N
7.25/30
7.31 N
05 up
Revere Corp.'.
10
Chesapeake & Ohio
39
Chrysler Corpn.
85+
Reynold Tobac. "B"
31
2.38b/404 2.428/434
2.38b/39a 2.42b/43a
unch.
Columbia Gas & Elec.
4
Bafeway Stores
39*
Commercial Credit Co...
29
Schenley Distillers
9
Sears Roebuck
731
Com, & Southern (Ord.)
Shell Union Cit
12+
Consolidated Edison
211
Socony-Vacunum Oil
9
Consolidated O
5*
Southern Pacific
various sizes to let
.82b/.82ła .82/.82 80b/.86.88/86
,804b/.81ja .85b/.854a
011, off
Continental Can
-364
Southern Rly $5 pfd.
01 of
Continental Oll
181
at
1/3
Volume of business-done-158 lots. NEW YORK COPPER FUTURES July N.Y. Official Silver NY-London Cross Rate 4.03-1/2
Copperweld Steel
Spicer Manufacturing Co. 331"
143
Curtiss Wright (C.) **** 91
Standard Brands
63
Stand Gas & Elec.
1
Curálas Wright "A"
27
42.
40-44
45
1912
24
Chinese 5% Reorg. Loan,
1913 (Lda. Is.),
31
sellers March/May, buyers at 1/3.1/32
for any delivery."..
U. S. DOLLARS
11.85b/68a 11.63b/70a 11.78b/81a .11 up 34-3/4
34-3/4 4.03-1/2-
There were sellers at 241/2 for LONDON STOCK
neer and probably April, buyers
at 24.9/16 for Cash,
SHANGHAI DOLLARS
EXCHANGE
(REUTER'S SERVICE)` Opened with sellers, at 451.1/4 with business done at 4521/2 and
London, Mar. 19. The following quotations are the 452.1/4. The market closed with sellers at 452.1/4, buyers at 452.3/4dddle prices at the close of the for Spot.
:
SHANGHAI MARKET
market in London. All quotations are subject to confirmation and no Opened with sellers of Sterling responsibility is assumed for errors at 3.5/18 and then eased off slight-n transmission.
ly to 3.19/64. At the close it was again up to 3.5/16 for Spot. U. 8. Dollars, sellere at 5.13/32 for Spot.
AFTERNOON MARKET .: Featureless.
STERLING
The market closed with sellers
* 1/3 March/May, buyers at 1/3. 1432 for any delivery.
U. S. DOLLARS Nothing doing. The market closed with sellers at 24.1/2 for near and probably April, buyers at 24.9/18 for Cash,
SHANGHAI, DOLLARS
War Loan, 31% (Red,
after 1962) Détence Loan, 3%....... Canton-Kloon Rly, 5% Chinese 44% Gold Loan
1898 (Brit. Isovet ....... Chinese 5% Gold Bonda
1925/47
Chin. 44%. Anglo-French
Loan, 1908 Chinese 5% Crisp Loan.
[RESERVE BANK OF INDIA STATEMENT
Calcutta, Mar. 19 (Reuter).
Mar. Mar. 14 Noter in circulation (including Notes held in the Banx-
Log Department)... 26,850 26,681 Rupec Coin and Bul-
lion in India
5,197 Gold Coin and Bul-
lion in India...... 4.441 4,441
Du Pont de Nemours
Standard Oil et California
19..
Deere & Co.
202
Standard Oll of NJ.
35
Haiphong (Johore)" Tientsin
New York Tsingtao Peiping .. Yokohama Penang
CURRENT ACCOUNTS opened
NEW YORK PRIFING
SANKOW (Peking)
FOREIGN EXCHANGE and General Banking Business transacted.
Curent Accommmm. opened, and FIXED DEPOSITE received for Out Year or shorter periods in Local sa Other Currencies' at rates which I will be quoted on application.
SAVINGS ACCOUNTs also opened in Local Currency and Sterling with interest allowed at rates obtainable on application.
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 claims recovery of quoted on application.
British Income Tax overpaid, on
SAFE DEPOSIT BOXES of terms which may be ascerta’ned, at
TRUSTEE and EXECUTOR business undertaken.
Hongkong, 28th February, 1941.
HONGKONG SAVINGS
BANK
any of the Agencies and Branches
W. H. EVANS THOMAS,
Manager.
BAIPHONG HAMBURG
TOKOHAMA
Distillers Corpn. Seagrams
161*
Stone & Webster
03
Douglas Aircraft -
741
Studebaker Com.
时
The Business of the above Bank
BANK OF EAST ASIA, LIMITED
147
Swirt International
181
is conducted by the HONGKONG
Eagle Picher Lead
93
Eaton Mfg. Co.
133**
Technicalor
B
SHANGHAI BANKING COR-
Texas Corpn.
351
Elec. Autolite
30t
Texes Gulf Sulphur
36
ed, on application."
Mec, Bond & Share
3+
Elec. Bond & Share $5 pt.
Timken-Axle
314
55.
Elec. Band & Share $6 pf.
Trans-America. Co.
+1
64
Elec. Power & Light 57 pt. Flintkote
327
20th Cent. Fax.
61
138
Union Bag & Paper Corp.
114-
V. M. GRAYBURN,
Chief Manager. Hong Kong. 28th Feb., 1230.
Gen. American Trans.
Union Carbide & Carbon 673
514
Gen. Electric
.33
Union Paciic
771
Gen Motors
**£3.
United Aircraft
38#
United Airlines Trans
131
Gen Railway Signal
137*
3,228
Gen. Tire & Rubber
111*
United Corpn.
11
Glidden Co.
131
United Corpn. 33 cum pí. 25
Goodrich (B.F)
137*
United Gas Corpn.
£
104-3/16 101-9/16
11
Securities (Indian
Government) Securities (British
Government)
Goodrich $5 pt.
62
United Gas Improvement 8
4,961
4,981
Goodyear Tire & Co.
182
U.S., Industrial Alcohol...
24*
r
14,050 14,050 (Figures in Lakhs Rupees)
Great Northern Iron Ore .. Great Northern Rly, pfd.
142
U.S. Rubber
227
254
U.S. Rubber sa pfd.
921
Great Western Sugar Greyhound Corpn. ... Hercules Powder Co
253
US. Smelting
58
117
US. Steel
571
71
Vanadium
27
TUL
Price, £272-1/8.
Sellers at 452.1/4, buyers at 452.-Chinese 8% Stet. Notes. 3/4.
1925 (Vickers)
8-10
SHANGHAI MARKET-
Opening
London
0/3-1/4
545/18
Parts Hongkong
22-1/2 18 nominal 21-5/8
Bellers of Sterling at 3.5/16 and U. S. Dollars at 5.13/32 for Spot.
Shanghai Exchange Hukung Ris. 5%, 1911
Shanghal, Mar. 20. (Reuter).
Official T.T. Baten
New York
Japan
Indla
Jhin Imperial Rly, 5%
Lean
47
Honan Rly, 5%
14
Hukuang Rly. 6%, 1911...
LONDON METALS
EXCHANGE
London, Mar. 19 (Reuter).
Standard, Cash, Middle
Tin, Standard, 3 months, Middle Price, £270-7/8.
Market firm on moderate Ameri- can buying. After hours, the "mar- ket was again Armer, with sales of 35 tons at £272-1/2 and £771 buycra.
Inter. Paper & Power Int. Tel & Tel Johnsman
Kentecott Copper Libbey-Owens-Ford Lockneed aircraft
Homestake Mining Int Nickel
47+
Vultee Aircraft
61
26
Walworth Co.
4.
14
Warner Bros. Pict.
3
31*
Westinghouse Elec.
961
01.
Woodward Iron Cor...nes
281
34
Chase National Bank
*32*
Glass 351
National City Bank
237
Libby, Monelli & Libby
271*** 54
(LP. N/Y.Issue)
14
«German "Is5110)
12
Lung Tsing & U
Hat
Sterling
Rellers
Spot
Mar Apr.
Opening Closing 0/3-6/16 0/3-5/18 0/8-5/16 0/3-5/16 0/8-5/18 0/3-19/84
Rly. 5% 1913
S'hai-N'King Rly. 5%
Tientsin-Pukow Rly. 5%
(Brit. Stpd.)
Tientaln-Fukow Aly, 6% ·
(German Styd.) Tientsin-Pukow Rly, 5%
(Brit. Stpd. Supl, Loan) 12
Ilentain-Pukow Rly, 5%
(Ger. Stpd, Supi, Loant
Jap. 8% Bter. Loan, 1924. 244
སྲུལས
12
LONDON SILVER
"DOW JONES AVERAGE
1940/41 High Low Dow Jones Averages 159.80 111.84-30 Industriala
32.67 22.15 20 Haile
Mar 20, 1941. Mar. 18 High Low Close, 173.92 28.08
Change
19.65 91.13
Commodity Index 61.8
37 off 124.35 173.24 123,55
28.22 27.95 27,97 .11 off 19.78 19.60 19.70 .05 up 91.2311 up 29.45 ,69: up Business Done:-540,000 shares
PORATION. Rules may be obtain-Authorised Capital...$10,000,000.00
Paid-Up Capical
For the HONGKONG & SHANGHAI Reserve and Undivided
Banking CorPORATION.
THE CHASE BANK
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
19, 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
CHASE NATIONAL BANK, New Your, with Resources of over U.8.83,800,000,000,
D. L. BALLANTYNE,
Manager,
Head Office: HONG KONG No. 10. Des Voeux Road, Central
Board of Director.
HON. SIE SHOVSON Cнow, Chairman Li Koot Chan, Bag. Li Lan Smog, Eng. P. K. Kwok, Eaqe Wong Chu Son, Esq. Wang Tun Tong, Eng. Fing Ping Wab Esq. Chan Chung Shuk, Esq. KAN TONG Po, Esq., Chief Manager Hon. MR. LL THE Foнa, Manager
Branches and Agencies:
Amoy Kowloon Venanz 4. Hingapore
Loudon
Hangdon
Salgon Melbourne, San Fran. Hydney Nagmaaka
800 Totsin. New York. Seattle Vibsonver
Pedi
Simbai
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"öna. year or shorter periods in Local and Foreign Cur rencies on terms which will be
noted on application.
BAIK CEPOSIT Boxs To La-
KAN TONG PO,
Chief Manager.
Profits
5,598,600.00
.2,983,281.50
Hatavia
Bocibay
Mania
Celestia
Halphony
Hakow
Momolaia Kour
Boursora
BWRCOW
Semarang
14
12
was absence
Ger, 7% Intl Loan.. 1924 51..
Chartered Bank ......... ·81
བ སྤྲབསམསྒ
12
[ness:
12
U.8. Dollars
Spot
$5-13/32
Mar.
5-13/32
$5-13/32. 5-13/32
HK. & Shai Bank (Lan
Reg.) HLK. &♬ hai Bank (Col.
Beg)
75
77
Apr,
5-13/325-13/32
Market: Quiet.
Silver Duty Rate
Ready Apr. 22 Bettlement May 21 Settlement
63-00
| Chinese Eng.1 & Mining
(bearer)***....
Chosen. Corporation ·
41-
The Central Bank of China's
Mercantile Bank of M-
rate on London at 19 am, today
dia. 55,"
· 1047
WB8 1/2-1/20.
The Equalisation rate was 241 B'hal Elec. Constr. Co. ... Der cant
Pekin Syndicate 2......
1/6
12/6....
B'hal Waterworks “A”
Calcutta Exchange
Calcutta, Mar 19 (Reiter).
Union Insurance ..... Gula Kalumpang Rubber 15/9. Lon, Mid & Boot Rly 12
111 23
United Steel;
20/7
Woolworths...
please app
Ton Japan, 81-1/4
India Rupee Paper
Bombay, Mar. 19 (Reuter); Govt 31% Rupee, 95-14-0,
Great Western Rly, 27 (334 National Bank of India S1 B.-A Tobbearer)
80/3 Dunton Rubber 454 33/2 Bristol Aeroplane
2000 12/11 Imperial Chemical Ind÷29/8
Hub-Nigel "Shell" Tran
Markman Investments
678
Western Holdings.
9/9
142/8
40/74
SILVER MARKET.
London, Mar. 19 (Reuter).
Silver Bear
of
There offera. Market
covering.
steady.. In the afternoon the
market was steady with no busi
Bpot, 23-1/24...
Forward, 23-1/2d. ·
BOMBAY SILVER
Bombay, Mar. 19 (Reuter). Market--Bleady, Offtakę 200. Bars.
Indian Mint Silver: "
63-01 03-04
LONDON GOLD
London, Mar."19 (Reuter); Bar Gold, Fine per, oz, 168/-
26.45 18.03 20
92.19 83.06 40
84.07 48.74 11
Utilities Bonds
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 Roosevelb Terminal in the French Concession at Bhanghai, where passengers" and cargo are landed.
For farther particular
ARDINE MATHESON& Co. Lu TELEPHOTOGENERAL MANAGERS
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT
- OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
| PAID-UP CAPITAL -$40,000,000.00 (BEARCHES ALL OYEE 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:
QUEEN'S ROAD, C South China Offices.
SHIUCHOW
KONGMOON TOIBHAN KINGCHOW
- We also handle the anus of Bonds and other Public Funds of the Chinese Government both' at Home and Abroad.
SHOU CHEN
WANT ADS
CANTON SWATÓW