MONEY AND EXCHANGE
NEW YORK, Mar. 27 (Reuter).
201 381 683 651 13.85 13.74
Prev. Today's High Low Close Close 10,93 10.83 10,85 10.90 22.80 22.65 22.45b · 23.70
883 857 85: i off 13.68b 13.74 .06 up
Change
05. up 25 up
891..
1 off
STOCKS
Adamg Express.
Close
Opening
On Singapore:-
On demand
On Japan:-
་་
May
July
19 52 3/2.
October
10.85/85
Closing 10,83/83 10.90/90
.. Change
Alleghany Steel 00. ...................
.05
קנו
Allis Chalmers ..................
10.80/80
10.81/91
10,85/85
.05 up
Alumiinium Ltd,
10.70/70
10.71/71
10.74/74
.04 up
Amer. Can......................
December
10.69 N.,
10.69/69
10.74/74
.05 up
American. Qyanamid B.
Spot
...... 45 1/4
On Paris:-
104 1/2 May
On Manila:-m
July.
48 1/4
44
Nom. 23 1/2
May
...
May
American Silver was quoted at July
1/4
July
MARKET
On demand... 102 1/2
On India:-
Telegraphic Transfer. Jag 1/2
and demand ..........
On New York (~~~..
Bank Bills, on demand 94 1/8 Credlis, 60 days sight 24 7/8
On Batavia-
On demand
Bank Bills, on demand Nom. Credits 4 months' sight Noni.
On Saigon:--
On demand
On demand
'On Bangkok-
On demand ...........
On Sterling Notes:-
****** 149 1/2
Bank Buying Rate
Bar Silver per o
Market Report
FROM ROZA BROS.
Friday, Mar. 28.
The price for Ready Sulver was
March
Total sales Wednesday-76,100 bales.
NEW YORK RUBBER
May
Total sales for the day:-46 contracts.
unchanged yesterday at 23.1/2 but NEW YORK COCOA
Forward dropped 1/16 to 23.7/16. May
Silver advices reported the market NEW YORK SUGAR NO, 3 as being quiet and featureless.
34.3/4 for Spot,
The London/New York cross-
rate was quoted at 402,1/2. New NEW YORK SUGAR NO. 4 York/London was quoted at 403. May
Eteady but quiet.
January
.10.67 N
10.67/67
10.71 N
.04 up
Amer. & Foreign Power ...
10.85 N 11.15
10.85/65
10.89/69 11.20
.04 up
"Amer & Foreign $7 pt.
.05 up.
Amer. Locomotive
Amer. Metals Co. ...........
PAGE, 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
NEW YORK COMMODITY MARKET (REUTER'S SERVICE)
CLOSING QUOTATIONS New York Cotton, May
MARCH 28, 1941
On London:-
Telegraphic Transfer. 1/3 7/4 Bank Bills, on demand 1/2 7/8 Credits 4 months' sight
On Shanghal:---
On demand
New York Rubber, May Chicago Wheat, May ..... Chicago Corn, May New York Hides, June
NEW YORK COTTON
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
MARCH 28, 1941
SATURDAY, MARCH 29, 1 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital $50,000,000
INDIA, AUSTRALIA
AND CHINA
Issued & Fully Paid-Up #90,000,000 Incorporated by Royal Charter, 1850
Reserve Funds:
£3,000,000
Head Office:-HONG KONG
Chairman.
Deputy Chairman. J. K. Bousfeld, Esq.,
HEAD OFFICE: LONDON:
39, Bishopagate E.0.2. Sub-Agencies In London; ̧ 117/129, Leadenhall Street, E.C.- West End Branch; 14/16, Cockapur Street, B.W 1 Manchester Branch: 52, Mosley Street, Manchester, 1
AGENCIES AND BRANCHEN
ALOK STAR
BONG KONG PINANG
Sterling
...
Last Sale
STOCKS
Last Sale
Proprietors.
£6,500,000 Paid-Up Capital *****.......£3,000,000 H.K. Currency Reserve $10,000,000 Reserve Fund................. Reserve Liability of
Reserve Liability of Pro-1 $20,000,000
prietors
..£3,000,000
Mar. 27
"
Mar. 27
-6
Loew's Inc.
311
21
Loft Incorperated
181
291"
Mack Truck Ine:
-277
723*
Martin, Glen L.
284
Board of Directors: Hon Mr. J. J, Paterson,
87
McKesson & Robbins, pid. 271
334
| Montgomery Ward
37+
W.. H., Lock, Esq.,
#
M'tain City Copper Co.
3
162
National Aviation
8}
131
Nat Dairy Products
131
18
A. H. Compton, Esq., L. J. Davies, Esq.,
National Distillers
21
Amer. Radiator
61
Hon. Mr. S. H. Dodwell,
National Lead
154"
Amer. Rolling Mil
13
G. Miskin, Esq.,
Nat, Power & Light
AMBITRAR
BANGKOK
22.450/502
July (New contract) ... 21.99/22,00 September ( >"..... 21.54/54 !December (,)
2.50b/65a 22.05/08 21.58/58 21.30b/35a 21.30b/50a
22.70/70 li 22.20 N
.25 up
Amer. S'tiny and R'ing Co.
401
E. &. Morrison, Esq...
21 up
Amer, Sugar Refining
171
National Supply Corp.
51
New York Cential ser
121
21.70 N
18 up
Amer. Tel & Tel.
1631
Niagara Hudson Power
21
31.45 N
סט 15.
Amer. Tobacco "B" ...
80
| N. American Aviatión
141
Amer, Waterworks
51
Total sales for the day:-300 tonz
CHICAGO WHEAT
North American Co.
14)
Anaconda Copper
244
Northern Pacific
67
Branches:
Atchison, T;, & 8. Fe,
251
Owens-Illinois Glass Co.
424
091/891
891/894
833/681
I off
Aviation Corp..
31
Amor
Jokore
Pacific Gas & miet
274
ST+/87
871/874
861/801
of
Baldwin Lecometive”......
15
Bangkok
Kobe
Packard Motors
21
Batavia
September
871/871 -
361/861
✰ of
Baltimore & Ohio
31
Kowloon
Rangoon Saigon San
Hon. Mr. T. E. Pearce,
Hoo. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,
Chist Manager,
BATAVIA
BOMBAY
DALOUTTA
OLATE STREET KUALA
FAILLIK FLAGE CANTOK CAWNPORE CEBU COLOMBO DILE!
· MADRAN
MANILA
AGENOTES:
IN
ILOILO
ПРОК
RANGOON BAIGON
KABACH!
ALBEARICIAN
SHANORA
KLANG
SINGAPOR
ков
SITIAWAN
BOURABAYA
LUKTUR KUOHING
TAIPING
TIENTREN
TONGKAM
Pat-American Airways
12
Bombay
Eusla
Franciaco
Barber Asphalt Co.
81*
Wednesday's sales:-17,687,000 bushels.
Paramount Pictures
121
Calcutta Lampar
Shanghai
Barnsdall Qu
81
Pennsylvania R.R.
24
Canton
London
Singapore
CHICAGO CORN
Bendix Aviation
35%
Philips Petroleum
384
Chatoo
Lyons
Sourabaya
*66/65%
661/86
85/651
+of
Bethlehem Steel
78
Public Service of NJ.....
25
Colneh
Malacos
Sungei
July .....
66/661
unquoted
!September
66b
66.A eeb
unch.
Bilas & Co.
164
Pullman Inc.........
26+
Dairen
Manila
unch.
Boeing Airplane Co...na
15
Pure Oll
72
Foochow
Muar
Borg-Warner
171
NEW YORK, HIDES June
Radio Corpn. of Am,
4
Haiphong
Briggs Mfg............................
211
Bankow
September
13.68b/72a 13.80/80 13.75/75 13.90/95
13.74/75
.06 up
Budd M'facturing Corp.
37
Reading Company, Com
144
(Johore) Tiantain Mukden Tokyo
Harbin
13.76/76
פט 01,
Remington Arms Co., Inc.
*5*
Canadian Pacifc R'way
33
Republic Aviation Corp.....
A
Iloilo Ipoh
Yokohama
Case, JI
Republic Stee!
181
Delenése
221
Revere Corp.
9
7.10 N
7.06b/10a
Chesapeake & Ohio
391
8.90 N
.20 off
Chrysler Corpn.
641
Reynold Tobac." "3"
31+
Safeway Stores
384
Columbia Gas & Elec.....
37
Schenley Distillers
91
245b/48a
248b/40
2.420/431 2.44b/45a
.03 off
Commercial Credit Co.
224.
Bears Roebuck
714
04 off
Com, & Southern (Ord.)
Shell Unăm Oil
11
Volume of business done:-544 lots.
Consolidated Edison...
211
Consolidated 01
54
Bocony-Vacunua of
Southern Pacifie
Continental Can
37ł
There
STERLING
sellers were
At
*.85b/.85 a uinquoted .39b/.908 .88/.88 Volume of business done-178 lots. NEW YORK COPPER FUTURES 1/3 July
....... 11.90b/95a
.84b/.844a .88b/.88ła
.01 "off .01 of
Continental Of
181
Bouthern Rly $4 ptd.
splɛer Manufacturing Co.
Copperweld steel
154
Standard Brands
Curtiss-Wright (07.).
91
Stand Gas & Elec.
Curtiss Wright “A”
201
Standard Oll of California
19%
Deere & Co.
211
11.82b/.93a 11.87b/.90s 03 off
Standard Oil of 'NA.
351
Patani Swatow
New York Tsingtao Peiping
Penang
By
PRIPING
BANKOW" (Peking)
FOREIGN EXCHANGA and Ueneral Banking Business transacted.
CURRENT ACCOCATS opened and FIXED DEP081 received for One Year or shorter periods in local os Other Currencies at rates 'which y will be quoted on application.
SAVINGS ACCOUNT also opened in Local Currency and Sterling with QURRENT ACCOUNTS opened interest allowed at rates obtainable 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
quoted on application.
SAFE DEFOSIT BOXES of various sizes to let.
TRUSTEE and EXECUTOR business undertaken. Hongkong, 28th February, 1941.
HONGKONG SAVINGS
BANK
British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.
WH. EVANS THOMAS,
Manager.
MIDAN.
HAIPHONG
NEW YORK
HAMBURO
(Bhuket)
*TSINGTAL
YOKOHAMA
Distillers Corpn. Seagrams
16-
11
Quiet.
*** STERLING Nothing doing.
War Loan, 3% (Red,
after 1952) Defence Loan, 3%
March/April, probably May, bay- NEW YORK COTTONSEED OIL ers at 1/3.1/32 for any delivery.
U. S. DOLLARS
Nothing doing. There were sellers at 24.9/10 for Lear and probably May, buyers at 24.5/8 for Cast.
SHANGHAI DOLLARS Opened with sellers at 402.1/2 with business done subsequently
at 462, 461, 460.1/2 and 460, The market closed with sellers at 459. buyers at 460 for Spot.
SHANGHAI MARKET Sterling opened with sellers at 3.15/64 and closed steadler with sellers at 3.1/4 for Spot. U. S. Dollars opened with sellers at 5.9/32 sind closed steadler at 5.11/32 for Spot.
AFTERNOON MARKET
July
...8.09b/108 N.Y, Offical Suver..... 34-3/4 NY-London Cross Rate 4:03-1/4
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Mar. 17.
The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and no responsibility is assumed for errors
n transmission:
The market Canton-Kloon Rig. 5% 11. closed with sellers at 1/3 March/-Chines 4% Gold Loan
- 8.12/12
34-3/4 +4.03-1/4.
"SILVER MARKET LONDON SILVER
London, Mar. 27 Reuter). Silver-Market very quiet. Busi- ness small. In the afternoon, the market was idle and featureless, with practically no business.
Spot, 23-1/2d.
Forward, 23-7/16d.
Stone & Webster
Douglas Aircraft
74
Studebaker Com....
61
The Business of the above "Bank |
Du Pont de Nemours
1467
03. up
Swift International.
181
is conducted by the BONGKONG
Eagle Picher Lead.
& SHANGHAI BANKING DOR-
Technicolor
Exton Mfg. Co.
33
Elec, Autolite.
291
Texas Corpn.
*36)
Texes Quir Sulphur
343
ed on application.
Elec. Bond & Share
21
Timken-Axle
302
BANKING CORPORATION.
Elec. Bond & Share $5 pl.
60
Trans-America Co.
41
Elec, Bond & Share $6 pl.
681
20th Cent. FOX
Elec. Power & Light 37 pf. Elstore
347
134
Union Bag & Paper Corp.
11
Hong Kong, 6th Feb., 1820.
Gen, American Trans. Gen, Eectule
514
Union Carbide & Carbon
661
.77
32%..
Union Pacific
THE CHASE BANK
Gen. Motors
434
United Aircraft
37*
Gen. Railway Signal
131
United "Aklines Trans ....
123
United Corpn
Gen. Tire & Rubber
Glidden Co.
13)
United Corpn. $3 cum pt.
223
0/16
Goodrich (B.F.)
131
United Gas Coryn,
£
BOMBAY SILVER Bombay, Mar. 2 (Reuter), Market Steady. Offtake 150 bars, Indian Mint Silver
Goodrich $5 pt.
81
United Gas Improvement
&
Goodyear Tire & Co.
181
U.S., Industrual Alcohol
241
221
UA. Rubber .........
Great Northern Iron Ore ..
14)
Great Northern Rly, pid..
*251
US. Rubber $8 pfd.
911
1043
Ready
1017
April, 22 Settlement
63-07. 63-08
Great Westera Sugar
25
U.S. Amelting
804+
57g
Greyhound Corpn.
11
U.S. Steel
May 21 Settlement
63-10
Hercules Powder Co,
701
Vanadium
26)
Homestake Mining
-461
Vultee Aircraft
"April, probably May, buyers at
1/3.1/32 for any delivery.
U, S. DOLLARS
The market closed with sellers at 24.9/18 for near and probably May, buyers at 24.5/8 for Cash.
SHANGHAI DOLLARS
1898 (Brit. Issued...... Chinese 5% Gold Bonda
1925/47
Int Nickel
267
Walworth Co.
47
22
42
LONDON
GOLD
40-44
Chin 41% Anglo-French
Loan, 1908 Chinese 5% Crisp Loan.
1012
London, Mar. 27 (Reuter). Bar. Gold, Fine per oz, 168/-
Later. Paper & Power ..... Int. Tel. & Tel. Johnaman
131
Warner Bros. Pict.
21*.
Westinghouse Elec.
941
Woodward Iron Cor.
28
591
43
Kennecott Copper Libbey-Owens-Ford Lockheed Aircraft
34
Glass 32
Chase National Bank National City Bank Libby. Monel & Libby
2:31
24
Business was done in the after-Chinese 5% Reorg, Loan, noon at 460.3/4 and 451. The 1913 (Ldm. Is.) market closed with sellers at 480.-
Dunlop Rubber
331-
Bristol Aeroplane
9/6
31
Chinese 8% Ster. Notes,
1805 (Vickers)
Imperial Chemical Ind. 29/10
United Steel
8-10
20/41
DOW JONES AVERAGI
Chin. Imperial Rly. 5%
Woolworths
47/-
..
Marxman Investments -
Loan Honan Rly, 5%
6/3
..47
14
Western Holdings...............
9/9
Hukuang Rly. 5%, 1911...
Sub-Nigel .....
►
145/-
32.67 22.16 20
The
LP. N/Y Issuet
14
at
Hlukuang Rly. 5%, 181)
German Issue Lung Tang & T Hat
3hell. Trans & Trad
(bearer),
41/3
26.45 18.03.20 92.19 83.00 40 64.07 48,74 11
1940/41 Eligh Low Dow Jones Averages :159,80 111.84 30 Industrials
Raila Utilities Bonds Commodity Index
192.70
28.62
10.69
Mar. 28, 1941. Mar. 26, High Low Close 123.76 182.84 123,33 28.56 28.68 19.74 19.48 · 19.52
Change
43 up
.04 up
Paid-up Capital
.11 off
Rworts Flad and East,
£3,000,000
£1,800,000
21,000,000
21,254,889
BANK OF EAST ASIA, LIMITED
PORATION. Rules may be obtain- Authorised Capital...$10,000,000.00
For the HONGKONG & SHANGHAI
V. M. GRAYBURN,
Chief Manager.
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
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 CHASK NATIONAL BANT, NEW YORK, with Resources of over U.S.$3,800,000,000.
D. L. BALLANTYNE,
Paid-Up Capital
Reserve and Undivided "
Profits.
********* 5,598,600.00
..2,983,201.50"
Head Office:--HONG KONG No. 10 Des Voeux Road, Central
Board of Director. HON. SIE SHOUBON Chow, Chairman Li Koon Chun, Esq.
Li La Bang, Esq. P. K. Kwek. Esq. Wang Cha Son, Esq.
Wong Tan Tong, Esq., Fang Ping Wah Eng. Chan Ching Shok, Esq.
KAN TONG PO, Esq., Chief Manager Hox. ME. Li Tas Foxo, Manager
Amoy
Batarin
Branches and Agencies:
Kowloon Pulang Kingsport Loudon Kan-pon Bourabaya
Balon Sarabow Halbome a Fran- Sydney
cisco Zionkila
Magnesia
New York Bəxtile Vancouver Paris
Felping
Bemarang
Shanghal
Every description of Banking and Exchange business transacted. Losos granted on approved securities.
Current Accounts opened in Local
Manager, Carreucy and Fixed Deposits res ceived for one year or shorter periods in Local and Foreign Cur
THE MERCANTILE BANK |reppies on terms which will be
OF INDIA, LIMITED
Gracechurch Street,
Head Offcerndon, EC-3
Authorised Capitál,
Subscribed Captimi...
quoted on application
SAFE CEPOSIT Boxes To Lat.
KANTONG "PO,
Bombay
Manila
Unfoutis
Haiphong Elankow
KO
Chief Manager.
91.00
69.60
91.22 62.34
קט 22,
•bid
12
Business Done:-360,000 shares
1/2, buyers at 469.3/4, "
SHANGHAI MARKET
Opened steady with sellers at
3.17/84 and closed lower at 3.1/4 for Spot. U. 8. Dollars. market closed with sellers 5.11/32 for Spot.
Shanghai Exchange 17. 5% 1913..........
Shanghai, Mar. 28 (Reuter).
Official TT. Rates
London
New York
Japan
India
Paris
Opening
0/3-1/8
5-1/8
21-3/4
17-1/4 nominal
Hongkong. ····20-3/4
Sterling
Sellers
Opening
Spot Mar.
Closing
0/3-15/64 0/3-1/4 0/3-15/64 0/8-1/4
Apr 0/3-7/320/3-1/4
Spot
-U.S. Dolları
$5-9/32 $5-11/32 ***5-9/32 5-11/32
•Apr...
5-9/32 Market-Quiet but steady.
Mar
Calcuna Exchange.
Calcutta, Mar 27 (Reuter). TT on Japan. B1-1/4.
India Rupee Paper
Bombay, Mar 27 (Reuter). Cort 31% Rupee, 95-11-0
6'hal-N'King Rly, 5% Rentsin-Pukow Rly. 5%
(Brit. Btpd.)
12
12
Tientain-Pukow Rly. 5%
German Stpd.) Tientsin-Pukow Bly, 6%
(Brit. Stpd. Supl, Loan). 12
Tientsin-Pukow Rly. 5%
Ger. Stpd, Supl, Loan)
12
Jap. 6% 8ter. Loan, 1924 241
ཚུལ་སྐ སྶ སྦཝཱ སླ སྐ བཙོང པ ཞེ$13-d╗98
Bit
Ger. 7% Intl Loan. 1924 51 Chartered Bank.... HK. & 8'haf Bank (Lán: ***
Reg.)......
| HK, & Bhai Bank (Co.
** Peg)
Chinese Eng & Mining
(bearer).....
Chosen Corporation ..... Mercantile Bank of In
dia, 25, "G" Pekin Syndicate B'hai, Elect
a'hai Water Uniós plumiran
| Gula-Kalimpong
"Greât Stern
Nationa BA, Tob (bes
74
15/-
1/6
10/
1111
abber
15-
Bly 131
88/101
BANKERS:
The Bank of England, and, Midland
Bank, Ltd. BRANCHES:
Trenggal
INDO-CHINALNE
STEAM NAVIGATION COMPANY LTD.
Operating Bervices for Cargo and Passengers
TO-
SWATÓW, SHANGHAI, TSINGTAU, CHEFOO
and. TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and CALOUTTA
BANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal in the French Concassion at
Shanghai, where passengers and cargo are landed.-
zi
For further particulars
please apply tom
JARDINE MATHESON& Co. LTD. TELEPHONE KOJIE GENERAL MANAGERS.
Galla. Kota Bharu,
Kals Lampar Singapore
HONG KONG BRANCH:
Story: description of Banking and Exchs business transected-weil-,
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AB AN |---INTERNATIONAL EXCHANGE
BANK PAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerous. Branches CURRENT LOCOUNT opened in Local Car in China and connections in the essay w73 -PAC380: DEPOSIÍS roseived in Locsi
assertulised oxapy Hostles, Val
TRUSTEE AND EXECUTORSHIP |”.
UNDERTAKEN
Currency & BERLING on terms that may be
'D, BENSON,
What do
Masagar
you want?
If there is anything as you want to buy DE try te small **: Classifed in advertises ment in the Hong- #kong Daily Presa 4
words $1.50 prepaid.
for 3 insertions,
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, O. South China Offices, CANTON
KONGMOON SWATOW::: TOISHAN
SHIUCHOWKINGCHOW
We also handle the issue of Bonds and other Public Funds of the Chinese Government both at Home and Abroad GARAGAM Shams
BHOU OHEN
4 Manager.