1941-02-07 — Page 10

STOCKS

Adams Express

Close

10.32/32

10.32/32

Opening

10.31/31 10,30/30 10.32/32

Change

Alleghany Steel C.........

01 of

Allis Chalmer

unch.

zuminium Ltd,

10.21/21

10.19/20 10.31/32

unch.

Amer. Can.....

9,71 N

9.88/68

9.72/72.

-01 up

American Cyanamid B

9.66/66.. 9.63 N 10.87

9.63/63

9.58/68

.02 mp

Amer. Foreign Power

J

9.81 A

9.64 N 10.86

.01 up

Amer· & Foreign $7 pí. ....t

.01 of

Amer. Locomotive

Amer. Metals Co."

44 78

May

On Balgon:---

19.72/72 19.60/60 July (New contract) 19.50/50 September ( ..)... 19.40 N

The first notice day for March Cotton is 25/2/41 and last day is 14/3/41. NEW YORK RUBBER March

Amer, Radiator

Amer. Rolling Mill

Amér. Sting and Ring Co.

Aner. Sugar Refining

19.69a 19.58a

19.80b/82a 19,67/68

.08. up

Amer. Tel, & Tel

07 up..

Amer. Tobacco "B"

19.35b, 45a19.58/53

.03 up

Amer. Waterworks

19.34/34

19.43 N

,03 up

Anaconda Copper

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE CLOSING QUOTATIONS

FEBRUARY 6. 1941.

On London:-

Telegraphic Transfer. 1/2 7/8 Bank Bills, on demand 1/27/8 Credits 4 months' sight

On Shanghai:-

On demand

On demand

Op Singapore:-

On Japan:-

On demand

-:отрит со

Day 435

NEW YORK COMMODITY MARKET

(REUTER'S SERVICE)

NEW YORK. Feb. 5, 1941.

Prev. Today's

High LOW

10.34 10.29

Close Close Change

10.32

19.80

19.7019.72

823

817

62

81

New York Cotton, March New York Rubber, March Chicago Wheat, May Chicago Corn. May New York Hides, March NEW YORK COTTON

March

............................. 52 3/4 May

Telegraphie Transter. 1/9

and demand

On New York:~~~

Bank Bills, on demand 23 B/16 Credlis, 80 days' sight 24 5/16

On Batavia:

On demand

On Paris-

Bank Bills, on demand Nom · Credits 4 months' sight Nom.

July October

December

January

Spot

19.80b .03 up

10.31 01 off

81 821 I up 62 I up $11 12.78 12.58 12.50 12660 .03 up

Closing 10,31/31

Total sales Tuesday-50.400, bales.

NEW

YORK STOCK EXCHANGE

QUOTATION (REUTER'S SERVICE)

FEBRUARY 8, 1941.

FRIDAY, FEBRUARY 7, 1941..

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital................. #30,000,000

INDIA, AUSTRALIA AND CHINA

..£3,000,000. .............£9,000,000

Issued & Fully Paid-Up $20,000,000 Incorporated by Royal Charter, 1850

Reserve Funds:

Paid-Up Capital Sterling

....£8,500,000 Reserve Fund... H.K. Currency Beserve $10,000,000 Reserve Liability of Pro- Reserve Liability of

Proprietors

G. Miskin, Esq.,

Chairman.

E. S. Morrison, Esq., Hon. Mr. T. E Pearce,

Hon. Mr. A L Shield, Sir Vandeleur M. Grayburn,

Chief Manager.

prietors

„£3,000,000 HEAD OFFICE: LONDON:

38, Bishopsgate E.C.2. Sub-Agencles" In London: 117/122. Leadenhall Street, E.C.a West End Branch:

14/18, Cockspur Street, S. WI Manchester Branch: 59, Mosley Street, Manchester, 9.

AGENCIES AND BRANCHES-

ALOE STAR HONG KONG FINANO AMRITSAR... TEOIEN

BANGKOK

BATAVIA

BOMBAY

CALCUTTA

AGINUTES:

CLIFE STRZY KUALA

CANTUN

KANGOON

Last Sale

STOCKS

Last Sale

Feb. 6.

.$20,000,000

Feb. 6.

B

Loft Incorperated

16

Bead Office:-HONG KONG

21.

Mack Truck Inc.

281

327

Martin, Glen L

267

70°:

McKesson & Robbins, pfd.

261

Board of Directors: Hon. Mr. J. J. Paterson,

872

Montgomery Ward ...

364

34

M'tain" City Copper Co.

31

W. H. Lock, Esq..

13/18 National Aviation

91

Deputy Chairman,

174

Nat, Dairy Products

13

I. K. Bousfeld, Esq.,

141

National Distillers

211

A. H. Compton, Esq.,

18

National Lead

163

L. J. Davies, Esq.,

61

Nat, Power & Light ..................

Hon. Mr. S. H. Dodwell,

148

National Supply Corp.

51

ХРОН

BAIGON

414

SEREMBAN

New York Central

137

KARACHI

14

SHANGHAI

Niagara Hudson Power

3

FLANG

1621

SINGAPOK®

N. American Aviation

151

KOMA

BITIAWAN

721

North American Co.

151

61

Northern Pacific

63

FAIBLIA PLACR

LUMPUR

SOURARAYA TAIPING

24)

Owens-Illinois Glass Co.

45

KUCHING

On demand

******* 102 1/4

On Manila;-

Total sales:--510 tons,

CHICAGO WHEAT

Atel son, T. &'S. Fe.

231

Pacific Gas & Nec

28

Branches:

CAWNPORN CEBD

+

TIENTSIN

MADRAS

TONGKAR

Aviation Corp.

#

Packard Motors

3

On demand

47 1/8

Baldwin Lecometive

16

May

819/817

821/821

821/821

1 up

Pan-American Airways

14

Bangkok Kobe

On Bangkok:-

Baltimore & Ohio

4

July

76)/761

761/762

761,76%

# up

Paramount Pictures

111

Batavia

Kowloon

Johore Rangoon

Saigon San

MANILA

On demand

149 1/3

September

761/761

7614763

Barber Asphalt Co.

91

up

Pennsylvania R.R.

227

Bombay Kuala

On Sterling Notes

Barnsdall 00

81

Calcutta

Bank Buying Rate

Bar Silver per oz.

Now. 23 6/18

Tuesday's sales:--11,225,000 bushels."

Bendix Aviation

361

Philadelphia Read, Coni

01

Lumpur

Shanghai

COLOMBO DELUI HAIPHONG Francisco HAMBURG

HANKOW

(Bhuket)

MEDIN

TSINGTAC

NEW YORK

YOKONAMI

PEINING

Canton

London

Singapore

Phillips Fetroleum

37

Chefoo

CHICAGO CORN

bethlehem Steel

84

Lyons

Sourabaya

Public Service of NJ.

281

Colombo

Malacca

Sungei

May

617/02

Market

Report

FROM ROZA BROS.

Thursday, Feb. 6.

July

September

611/617 612b

017/617 62/62

62/62

up

Bliss & Co.

171

Pullman Inc.........

251

Dairen

Manila

Patani

814/612

off

Boeing Airplane Co.

181

Pure Of

Foochow

Muar

Swatow

614/614

unch.

Borg-Warner.....

172

Radio Corpn. of Am.

4ł

Haiphong

(Johore)

Tientsin

NEW YORK HIDES

Briggs Mfg.

221

Reading Company.

Com

131*

Bankow

Mukden

Tokyo

Budd M'facturing Corp.

41

March

Silver prices were unchanged June

12,58/5B 12.22/22

12,56/58 "12,21b,30

12.85b/75a .03 up

14 12.38b/39a

up

Remington Arms Co., Inc.

51*

Harbin

New York

Canadian Pacific R'way

31

Republic Aviation Corp.

41

Iloilo

Peiping

Tsingtao Yokohama

yesterday. the quotations remain-

March

ket as

Total sales for the day--82 contracts,

ing at 23.5/16 for both deliveries, NEW YORK COCOA 8:Iver advices reported the mar-

being quiet and fea- tureless American Sliver was quoted at 34.3/4 for Spot.

The London/New York cross- rate was quoted at 402.1/2, New York/London was quoted at 403- 1/4.

Case, JI

464*

Republic Steel

107

Ipoh

Penang

Celanese................

25)

"Revere Corp..........

91

Chesapeake & Ohio

41+

5.03 N 5.11 N May NEW YORK SUGAR NO. 3: March May

5.00b/05a 5.08b/12a

5.06/05 5.14 N

.02. up

Chrysler Corpn.

654"

Reynold Tobac., "B"

331

.03 up

Columbia Gas & Elec,

ᏎᎼ .

Safeway Stores

39

Commercial Credit Co.

281

Schenley Distillers

.10

Sears Roebuck

724

IP

Com, & Southern (Ord) ...

0#

2.01b/02à 2,05b/06a.

2.00b/01a 2.05b/06a

,01 off

Consolidated Edison

Shell Union Of

11

quoted on application.

223

01 off

Consolidated Oil

51

Socory-Vacunum O

81

SAFE DEPOSIT BOXES

MARKET

Extremely dull.

STERLING

Volume of business done:-38 lota NEW YORK SUGAR NO. 4: March

Continental Can

374

Southern Pacifle

various sizes to let

Continental Off

181

Southern Rly $5 ptd.

231

Spicer Manufacturing Co.

321*

and TRUSTEE business undertaken.

CURRENT ACCOUNTS opened

(Peking)

FOREIGN EXCHANGE and General' Banking Business transacted.

CURRENT ACcovers opened and FIXED DEPOSITS received for One Year or shorter perioda în Local on Other Currencies at rates which will be quoted on application.

SAVINGS ACCOUNTA also oposed 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 shorter periods in Local and Other Currencies on terins which will be business, and claims recovery of

The Bank's Head Office in London undertakes Executor and Trustes

British Income Tax overpaid, on of terms which may be ascertained at

any of the Agencies and Branches.

R. A. CAMIDGE,

Manager.

- EXECUTOR

16

May

.69b/.70a .68+/.08

721b/.73a .7145/.724 Volume of business done: 244 lots.

69 b/.70a .73b/.7348

..001 up

Copperweld Steel

154

Standard Brands

61

001 up

Curtiss Wright (C)

81":

Curtiss Wright "A"

Stand Gas & Elec

11

27+

1/3.1/32

There were sellers at 1/3 Feb-NEW YORK COPPER FUTURES ruary/April, buyers, at

Deere & Co.

20

Standard Ol of California "19)

Distillers Corpn. Seagrams

161

Standard Oil of NJ. 2... 344

for Cash.

U. S. DOLLARS

March July

.......... 11.43b/48a 11.40b/52a. 11.45b/48a

11.33b/38a 11.31b/38a 11.30/30

Stone & Webster

71

.02 up

Douglas Aircraft

701

.03 off

Du Pont de Nemours

1481

Studebaker Com; ...

71

N.Y, Official, Silver

34-3/4

Some

arranged

closed

was

23.7/8 sellers for Cash, puyers NY-London Cross Rate 4.03-1/4

at 23.15/18 Cash.

SHANGHAI DOLLARS

business was

at 449.1/2. The market

with sellers at 449.1/4, buyers at 450.

and U. S.

SHANGHAI MARKET Sterling at 3.21/64 Dollars at 6.5/16. both sellets for Spot.

AFTERNOON MARKET

dull The market afternooD

STERLING

LONDON STOCK

EXCHANGE

(REUTER'S SERVICE)

London, Feb. 5.

The following quotations are the the middle prices at the close of the

The market closed with sellers

at 1/3 February/April, buyers at 1/3.1/32 for Cash

U. S. DOLLARS

The market closed with sellers at 23.7/8 for Cash, buyers at 15/16 for Cash

"SHANGHAI DOLLARS -449.1/4 sellers for Spot

SHANGHAI MARKET Sterling at 3.21/64 and US Dollars at 55.5/16, both sellers for Spot,

Shanghai Exchange

Shanghai, Feb. 8. (Reuter):

Official T.T, Rates

London

New York

in transmission.

LONDON METALS

EXCHANGE

London, Feb. 5 (Reuter)... Tin. Standard, Cash Middle

| Price, £256-1/8

Tin. Standard Cash, Middle Price. £257-7/8.

"

Market steady on increased buy- market in London. All quotations ing of near options against the are subject to confirmation and no possible granting of licenses short- responsibility is assumed, for errors ly, and three months options against immediate over-night American purchases met fair volume of speculative selling. After 1034 trading hours, Dash was sold at 101-1/4 22564.

War Loan, 84% Red,

after 1952)

Defence Loan, 3%

anton-Koon Rly. 5% Chinese 41% Gold Loan

1898 (Brit. Tesnej Chinese 5% Gold Monds.

1925/41

Chin. 41% Anglo-French

Loan, 1908

RESERVE BANK OF INDIA STATEMENT

Calcutta. Feb. 5 (Reuter).

Jan. 24 Jan. 31

Ing Department)... 28,018 26,053

Gen. Electrie

Kenrecott Copper Libbey-Owens-Ford

Lockheed Aircraft Loew's Inc.

34-3/4 403-1/4

Swift International

181...

Eagle Picher Lead

ยม

Eaton Mfg. Co.

317

Technicolor

3

EL

Elec, Autolite

298

Texas Corpn.

37

Elec. Band & Share...

Texes Gulf Sulphur

361

*

Timken-Axle

301

Elec. Bond & Share $5 pt.

553

Trans-America Co.

44*

Kec. Bond & Share $6 pt.

634

Elec. Power & Light 37 pr.

302

20th Cent, Fox.

64

Flintkote

131

Union Bag & Paper Corp.

11

Hong Kong, 95th Feb., 1939.

Gen. American Trans.

52

Union Carbide & Carbon

644

331

Union Pacific

811

THE CHASE BANK

Gen. Motors

437

United Aircraft

381

Gen. Railway Signal

14

United,, Airlines Trans

132

15, QUEEN'S ROAD, CENTRAL

Gen. Tire & Rubber Glidden Co.

117

United Corpn.

13

13

United Corpn. 33 cum pt

271

Goodrich (BF.)

13

United Gas Corp.

.07

Goodrich $5 pf.

811

United

Gas Improvement. 91

Goodyear Tire & Co."...

18

U.S., Industrual Alcohol ...

241

Great Northern Iron Ore ..

137

U.S. Rubber

201

a

Great Northern Rly, pid, Great Western Sugar...

263

US. Rubber; $8 pfd,

863

201

U.S. Smelting

62

Japan

13

44

42 to 47

45"

Chinese 5% Crisp Loan.

Notesin circulation

1912

(including Notes

26

Chines: 5% Reorg, Loan

1913 (Lan. Is.) ..

held in the Bank-

34

Chinese 8% Ster. Notes

Rupee Cuir and Bul-

1926 (Vickers)

10

Chin. Imperial Rly, 5%

Opening

Loan

47

0/3-5/16

onan Rly, 5%

18

5-1/4

Hukuang Rly 5%, 1911...

22-1/4

(LP. N/Y Issue),

lion in India ...... Gold Coin and Bul- lion in India ...... Securities (Indian

Government, Securities

3,05€

3,101

·4.441. 4,441

4,960 4,960

(British

15

18-3/4

**********. Dominal

5-1/4

India Paris Hongkong

Spot

Sterling

22

Sellers

Opening Closing 0/3-21/04 0/3-21/64 Feb. "0/3-21/64 0/3-21/64 0/2-19/84 0/3-19/64- U.S. Dollars

Mar.

apot

Feb,

Mar,

...

$5-5/16 $5.5/16

5-5/16.

5-9/32

.... 5-1/4

Market: Quiet..

Sliver Duty Rate

The Central Bank of China',

rate on London at 10 am, today

was 1/2-1/2d.

The Equalisation rate was 23-1/2. per: cent

Calents Exchange

Calcutta, Feb. 5 (Reuter). TT. on Japan,. 81-1/4

India Rupee Paper-

Bombay, Feb. 5. (Reuter). Govt. 31% Rupee, 95-08-0

LONDON GOLD"

London, Feb. 5 (Reuter), Bar, Gold, Fine per oz., 168/-

K. & Shai Bank (Ldn. Reg.)

exia Syndicate

Gula Kalumpong Rubber15/7) Lon, Mid., & Scot. Rly. 14 Great Western Bly.".... -351 National Bank of India. 312′′

90 B-A Tob (bearer)

Sukuang Rly, 5%, 1911

Government)

13,550 13,550

1940/41

DOW JONES AVERAGE

Low Dow Jones Averages Eligh 18280 111.84 30 Industriah

38.67 22.15 20 Rails 28.45 18.03 20. Utilities

92.19 8200 40

Bonds

Feb. 8, 1941. Fab. 4,

High Low Close 122.63 124,55 122.77 184.14 28.09 28.75 28.26.28.68 19.66.19.95 19.75 19,85

Change

1.61 ap

German Issue>

13

(Figures in Lakhs of Rupees).

64.07 48.47 11 Commodity Index

00.87 65.71

it

..19 up 91.17 .30.up 55.87.18 ap Business Done-480,000 shares

..69 up

Lung Taing &

Hal

Rly.5% 1913.....

14

8'hal-N'King Rly..3%

18

Tientsin-Pukow Rly. 5%.

Brit, Stpd.)

Tientsin-Pakow Rly, 5%

(German Stpd.) Tientsin-Pukow Rly. 5% "Brit. Btpd. Bupl.: Loan) Tientsin-Pukow Rly, 5%

15

(Oer. Stpd. Supl. Loan) ' 15 Jap. 6% Ster. Loan. 1924 28 Ger, 7% Intl. Loan, 1824

5-1/2

Chartered Bank

Greyhound Corpn. Hercules Powder Co Homestake Mining Int Nickel

111

US. Steel

634

68%

Vanadium

.301

SAFE DEPOSIT BOXES

49

Vultee Aircraft

HONGKONG SAVINGS

BANK

The Business of the above Bank is conducted by the HONGKONG SHANGHAI BANKING COR- PORATION. Roles may be obtain" ed on application.

For the HoxoroNG & SHANGHAI BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager.

HEAD OFFICE:"

18, PINE. STREST.

NEW YORK. An American Bank offering com- plete Foreign Banking Service in the principal Markets of the world.

Interest Rates on Application.

BANK OF EAST ÁSÏÃ, LIMITED

Authorised Capital.....$10,000,000.00 Paid-Up Capital Reserve and Undivided

Profits

5,398,600,00

2,933,281.50

Head Office:-HONG KONG No. 10 Des Voeux Road, Central

Board of Director.

HON. SIR SHOUBON CROW, Chairman Li Koon Chun, Exşı Li Lan Sang, Eag P. K. Kwok, Esq. Wong Chu Son, Seq Wong Yun Tong, Esq. Fang Fing Wah Esq. Chan Ching Shok, Esq.

KAN TONG Po, Esq., Chief Manager Hos. Ma. Li The Ford, Manager

Branches and Agencies:

Kowloon,

Penang dingapare London Hangoon Bourabaya

Saigon

Helbaard 8 Fran. Bydney

eza TanALO

Seattle Vanconver

254

Inter. Faper & Power Int. Tel. & Tel. Johnsman

131

·2ཎྞ ། .

571

33

Glass

36

247 33

SILVER MARKET

LONDON SILVER

London, Feb. 5 (Reuter).

Silver-Market steady. Business small. In the afternoon, the mar

Warner Bros. Pict Westinghouse Elec. Woodward Tron. Cor. Chase National Bank National City Bank Libby, Moneill & Libby

This Bank is entirely owned by

THE

NATIONAL BANK, CHASX NEW YORK, with Resources of

over U.8.$2,900,000,000.

D. L. BALLANTYNE,

Manager.

A Job?

WANT ADS

INDO-CHINA

ket was quiet and featureless, with STEAM

no business,

Spot, 23-5/16d.

Forward, 23-5/164,

BOMBAY SILVER

Bombay, Feb. 5 (Reuter). Market Quiet but steady. Of take 100 bars.

NAVIGATION COMPANY LTD.

Operating Services for Cargo ant Passengers

SWATOW, SHANGHAL TSINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

SINGAPORE PENANG and CALCUTTA

BANDAKAN

HAIPHONG

All steamers bertli alongside.

the Roosevelt Terminal in

Shanghai, where passang

Indian Mint Silver

& Shai Banr (Col.. Pez) Chimese Eng, & Mining

bearer,ALL

Ready

63-01

Feb. 21 Settlement

B5

Mar. 25 Settlement

63-00 62-147

18/

Choaen Corporation Mercantile Bank of In

dia, £5,"

4/-

the French Concassion at

Dunlop Rubber

33/6

11-1/8

Bristol Aeroplane

10/6

and cargo are landed.

S'hai Elec. Constr. Co. sha1 Waterworks "A" Union Insurance.

1/6 15/- 13-1/2

Imperial Chemical Ind. 29/41

United Steel

22/8

For further particulara

Woolworths

54/3

please apply to

20

Maraman Investments

7/6

Western Holdings.

Sub-Nigel

10/3 147/6

hell Trans -

Trad:

{bearer)

bid

45/-

·Shungizni

Every description of Banking and Exchange business transacted. Loans granted on approved securities.

Current Accounts opened in Lossl Currency and Fixed Deposits re- ceived for one year or shorter periods in Local and Foreign Cur rencies on terms which will he quoted on application.

BATE LEPOEIT Bozza To LET, ..

'KAN, TONG" PO,

Chief Manager.

BANK OF CHINA

Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE

BANK WE PAID-UP CAPITAL $40,000,000.

(BRANCHER ALL OVER CRINA) 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 Branchr

3 QUEEN'S ROAD, C... South China Oficeer

ANTON:

SWATOW

SHIUCHOW

KONGMOOL TOISHAN

KINGCHOW

We also handle the issue of Bonds tand other Public Funds of thé, Chinese Government both at Home and Abroad.

SHOU J. CHEN

Manager,

Walworth Co.

Sove

Amoy

Batavia

Bombay

Manila

Calcutta

Haiphong

Nagmaaks

Bankow Honolulu

Now York Pr

Peiping.

Batow

Bemarang

ARDINE MATHESON&Co.LTI TELEPHONE ZOSIL• GENERAL MANAGERS