1941-02-08 — Page 10

』

(REUTER'S SERVICE)

NEW YORK, Feb. 6, 1941.

Prev. Today's

High Low

On demand

New York Cotton, March "New York Rubber, March

Chicago Wheat, May.................. Chicago Corn, May New York Hides, March

NEW YORK COTTON

1273

10.39 10.35 19.86 19.80 '83 821 62 014 12.70

Close Close Change

10.31 - 10.36 .05 ub 19,806 19,846. .01 up

821 824 + off 62 61 12.66b 12.71

.05

435

March

Close 10.31/31

Opening

Closing

10.36/36

10,36/36

off

up

Change : .05

STOCKS

Adams Express

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS FEBRUARY 7, 1941

On London:-

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

On Shanghai:-

NEW YORK COMMODITY MARKET

NEW YORK STOCK EXCHANGE

QUOTATION (REUTER'S SERVICE)

FEBRUARY '7, 1941.

SATURDAY, FEBRUARY 8, 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, 1888

Reserve Funds:

Paid-Up Capital.....

£8,500,000 Reserve Fund

...£3,000,000

Sterling

£3,000,000

...£3,000,000

HEAD OFFICE: LONDON:

H.K. Currency Reserve 310,000,000 Reserve Liability of Pro- Reserve Liability of

prietors.....

Last Sale

STOCKS

Last Sale

Proprietors

$20,000,000

Feb. 8

Feb. 8

4

Loft Incorperated

162

Head Office:-HONG KONG

Alleghany Steel Co.

214

up

Mack Truck Inc.

281

Allis Chalmers

On Singapore:——-

33+

On demand

62 3/4

May

10.32/32

10,37/37

10.34/34

,02 up

Martin, Glen L.

23+

Aluminium Ltd.

-71

July

10.21/22

"10.20/27

10.24/24

.03

up

McKesson & Robbins, pfd. 284

On Japan!-

Amer. 'Can

87+

On demand

102 1/2

October

9.73/72

9.78/76..

9.74/74

.02 up.

Montgomery Ward

371

American Cyanamid B.

34

On India:-

December

9.68/68

9.73/74

9.71/71

.03 up

M'tain City Copper Co.

31

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

W. H. Lock, Esq.,

Amer. & Foreign Power

13/16"

"Telegraphic

Transfer.

January

and demand

182 1/2 spot

9,64 N 10.86

* 0,70 A

9.67. N

.03 up

National Aviation

91

10.91

05 up

On New York:-

On Batavia :---

On Paris:-

41.

May

On Manila:~

May

·

July

On Bangkok:-

149 1/2

September

On Sterling Notes:-

Now.

CHICAGO CORN

Bank Bills, on demand 13 9/16 Credlis, 60 days' sight 24 3/18

On demand

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

On Saigon:-

On demand............................ 10 1/4

On demand

On demand

Bank Buying Rate

***** 47 1/8

Total sales Wednesday:-71,800 bales.

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

July (New contract) September (

Total sales: 640 tons CHICAGO WHEAT

Amer Amer, Locomotive .........

& Foreign $7 på. ...

161.

Nat, Dairy Products:

131

144

National Distillers

214

Amer. Metals Co.

181

National Lead

161

Amer. Radiator

61

Nat, Fower & Light

Amer. Rolling Mill

141

National Supply Corp.

..0 5

Amer, S'ting and Ring Co.

42+

New York Cential

13+

19.80b/82a.' 19.65b

19.84b/851

1

19.67/68 18.55b/70a 19,73,73 19.53/53 19.43 N

04 ap .06 " up

Amer. Sugar Refining

141.

Niagara Hudson Power

21

Amer. Tel, & Tel

1631

N. American, Aviation

15

19.40b/53A 19:55/57 19.25b/43a 19.38 N

.02 up

Amer, Tobacco "B"

72

North American Co.

151

.05 off

Amer, Waterworks

s

Northern Pacific

Anaconda Copper

25

Chairman,

Deputy Chairman,

3. K. Bousfeld, Esq., A. E. Compton, Esq., LJ. Davies, Esq.,

Hon. Mr. S. H. Dodwell,

. Miskin, Esq., F. S. Morrison, Esq.,

Hon. Mr. T. E. Pearce, Hoa. Mx." A. L Shield, Sir Vandeleur M. Grayburn,

Chief Manager.

38, Bishopagate E.0.2. Sub-Aganelës In London: 117/123, Leadenhall Street, E.0.a. West End Branch: 14/18, Cockapur Street, S.W1 Manchester Branch: 68, Mosley Street, Manchester, 1.

AGENCIES AND BRANCHES ·

ALOR STAN HONG KUNG FENANG AMBITDAR BANGKOK

BATAVIA

BOMBAY

AGENCIES:

- 1LOTLO

ÖATE STELEN KUALA FAIRGIN PLACE

CANTON

MANGOON

IPOH

SAIGON

KARACHI

SIRIMBAK

:|

SHANGHAI

GALOUTTA

KLANG KOBN

SINGAPORE

SITIAWAN

BOURADAZA

LOMPER

TAIPING

Owens-Illinois Glass Co.

45

KUCHING

Atchison, T. & S Fe.

23

Pacific Gas & Dec

*28+

Branches:

****** 82)/821

781/76! 762/761

327/821 761/781

· 821/821. 761/78)

+ off

Aviation Corp.

11.

Packard Motors

3

Amoy

unch.

Baldwin Lecometive

178

Pan-American Airways

137

Bangkok Kobe

Johore Rangoon

Saigon

CAWNPORE CPU COLOMBO DELHI

TIENTSIN

MADRAS

TONGEAN

MANILA

(Bhuket)

MIDAN

TRINGTAG

767/761

unch

Baltimore & Oblo

32

Faramount Pictures

12

Batavia

Wednesday's sales:7,653,000 bushels.

Barber Asphalt Co.

91

Pennsylvania 'R.R.

23.

Bombay

Kuala

Francisco

Barnsdall On

8+

Calcutta

Philadelphia Read. Coul

A

Bendix Aviation

35 t

Ca .00

Bar Silver per oz.

23 6/16

May

62/6Z

621/621

618/611

од

Phillips Petroleum

371

Bethlehem Steel

331

Chefoo

11

July

612/613

62/62

812/618

off

Public Service of NJ,

281

Yllas & Co.

174

Colombo

September

614/612

814/611

off

Pullman Inc...

254

Market

Report

Boeing Airplane Co.

184

Pure Of

8

Dairen Foochow

Muar

May

for Spot.

May

cross-

May

MARKET

July

Chinese 5% Crisp Loan.

1912 Chinese 5% Reorg. Loan, 1913 (1. Is.) .....\ Chinese 8% Ster, Notes,

1925 (Vickers)

Chin. Imperial Rly. 5%

Loan

Honan Rly, 5%

Aukuang Rly. 5%, 1911...

(LP. N/Y Issue

FROM ROZA BROS...

Friday, Feb. 7. Silver prices were unchanged yesterday, the quotations remain Ing at 23.5/16 for both deliveries. Stiver advices reported the mar

NEW YORK HIDES / March June

ket as being very quiet Ame- NEW YORK SUGAR 'NO. 3: rican Silver was quoted at 343/4 March......

The London/New York rate "was quoted at 402.1/2. New York/London was quoted at 403 1/4.

Steady.

STERLING

There were sellers at 1/3 Feb. ruary/April buyers at 1/3.1/32

Cash,

U. S. DOLLARS

23.7/8 sellers for Cash, buyers

at 23.15/16 Cash.

SHANGHAI DOLLARS Some business was arranged at

449. 449.1/4. and

The market closed with sellers 449 for cash, buyers bidding 448.1/2.

SHANGHAI MARKET Sterling at 3.21/64 and D. 8. Dollars at 5.5/16, both sellers for Spot.

AFTERNOON MARKET The market was quiet in the afternoon. U. S Dollars were a shade steadier.

STERLING

"The market closed with sellers at 1/3 February/Apr, buyers at 1/3.1/32 for Cash.

U. S. DOLLARS

The market closed with sellers at 23.15/16 for Cash, buyers at 24 for Cash.

SHANGHAI DOLLARS Some business was arranged at 448.3/4. The market closed "with sellers at 448.3/4 buyers bidding 449.

Shanghai Exchange

Shanghai, Feb. 7 (Reuter)

Official T.T. Rates

· Opening

N.Y. Official Silver

34-3/4

NY-London Cross Rate 4,03-1/4

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

London, Feb. 6.. The following quotations are the] middle prices at the close of the market in London. All quotations are subject to confirmation and no responsibility assumed for errors in transmission.

War Loan, 34% (Red

after 1952) Defence Loan, 3% Janton-K'loon Rly. 5% Chinese 4% Gold Lan

1898 (Brit. Issue? Chinese 5% Gold Bonds.

1925/4Y

Chin. 41% Anglo-French

Loan, 1908

+

LONDON METALS

EXCHANGE

London, Feb. 6 (Reuter). Tin. Standard, Cash, Middle Price, £256-374.

Tin. Standard, Cash, Middle Price, 258-1/8.

SILVER MARKET

LONDON SILVER London, Feb. 6 (Reuter). Sliver-Little production selling 103-7/16.and, speculative buying. Market

the 101-1/4 steady.

afternoon, the market was very quiet with no business.

Forward, 23-6/18d.

BOMBAY SILVER

Bombay, Feb. 6 (Reuter).

Market Steady. Offtake 75 bars.

Indian Mial Silver

Borg-Warner

172

Radio Corpn. of Am.

12.68b/75a 12,66b/78a 1271/71 12:38b/39a 12,32b/50a 12.35/36

05. up

Briggs Mig

224

Reading Company,

Com

13

Haiphong Bankow

01 off

Budd M'facturing Corp.

41

Total sales for the day:-41 contracts. NEW YORK COCOA March

Remington Arms Co., Inc.

51*

Harbin

Canadian Pacific R'way

31

Republic Aviation Corp.

4***

Iloilo

Case, JI.

50

Republic Steel

Ipob

191

5.08/05 5.34 N

5,07/07 5.15/15

5.16 N

5.25 N

,10 up

Celanese

254

Revere Corp.

94

09 1213

Chesapeake & Ohio

41

Reynold Tobac. "B"

334"

Chrysler Corpn.

651

1

Safeway Stores

40

Columbia Gas & Elec.

41

3.000/010 2.05b/06a

2.00b/01a urich. 2.05b/080 unch.

Schenley Distillers

101

Commercial Credit Co. ...

291

Bears Roebuck

734

Com, & Southern (Ord.)

+

Volume of business done:-113 lots NEW YORK SUGAR NO. 4: March

.69jb/.70a .69b/.70a ..73b/73a 72b/724a Volume of business done:-38 lots. NEW YORK COPPER FUTURES March

Shell Union Oll»,

111

Consolidated Edison

214+

"Z

Socony Vacunum Ol......

af

Consolidated Oil

51

Southern Pacific

.894b/.70 .73b/.7312

unch. unch.

Continental Can

372

Southern Rly $5 pfd.

231

Continental Oll

16#

Copperweld 8teel

157*

Spicer Manufacturing Co. 32*

Standard Brands

61

Curtiss Wright (C.)

81

11.45b748a

11.30/30

11.38b/50a 11,42b/45 .03 off 11.25b/32a 11,25b/30a .05 OIT

34-3/4. 4.03

Stand Gas & Elec.

11

Curtiss Wright "A"

271

Standard Oll of Californía

19

Deere & Co.........

201

Standard Ou of N.J.

341

Distillers Corpn. Seagrams ·17*

Btone Webster

복합...

Douglas Aircraft

69+

Studebaker Com,

7+

Du Pont de Nemours

1481

Swift International

181

Eagle Picher Lead.

91.

Technicolor

9

Eaton Mfg. Co.

317

Texas Corpn.

361

Elec. Autolite

301

Texes Gulf Sulphur

36

Elec. Bond & Share

31

Timken-Axle

304

Elec, Bond & Share $5 p.

55+

Trans-America Co.

4

Elec. Bond & Share $8 pí.

63

20th Cent. Fax.

61

Elec. Power & Light $7 p. Flinkote

31

Union Bag & Paper Corp. · 11

Hong Kong 25th Feb., 1030,”

137

Union Carbide & Carbon 65

Gen. American Trans

52

Union Pacific

804

THE CHASE BANK"

Gen. Electate

331

United Aircraft

38

Oen Motors

437

United Airlines Trans

134

Gen. Railway· Signal

131

Gen. Tire & Rubber

117

United Corpn.

11

Glidden Co......................................

131*

United Corpn. $3 cum pí.

274

United Gas Corpn. ....

子

Goodrich (B.F.)

134

Goodrich $5 pt.

62*

United Gas Improvement 94

Goodyear Tire & Co.

18

U.S., Industrual Alcohol.

In

Great Northern Iron Ore ..

141

U.S. Rubber

207

13

Great Northern Rly, pfd,

25+

US. Rubber 38 pia,

87

Great Western Sugar'

201

UA. Smelting

60*

1.6. Steel

632

44

Greyhound Corpn.......

111

Spot, 23-5/182.

Hercules Powder Co

697

Vanadium

30

".

Vultee Aircraft

7

42 to 47

Homestake. Mining

491

Int Nickel

257

Walworth Co.

5+

45

Inter. Paper & Power

131

Warner Bros. Pict.

31

Int. Tel. & TEL

21*

Westinghouse Elec.

951

Woodward Iron Cor.

26

Johnsman

581

Kennecott Copper

331

Chase National Bank

Ready

63-01

National City Bank

34

Libbey-Owens-Ford

Glass

36

Feb. 21 Settlement

63-00

Mar. 25 Settlement

... 62-14

10

Lockheed Aircraft Loew's Inc.

241

Libby. Monell & Libby

→ 33

==

47

16

United Steel

Woolworths

15

London

New York

Japan

India

Paris

Hongkong

0/3-5/16

| Sukuang Rly. 5%, 1911

5-1/4

.German Issue)

13

Marsman Investments..

Western Holdings .......... 9/9 Hub-Nigel

22/0 53/9 7/6

1040/41

145/

22-3/4

Lung Tsing & Hal

Shell Trans

& Trad.

18-3/4

Rly. 5% 1913.....

14

(beater)

nominal

S'hai-N'King Rly. 5%...

18

*bia.

44/44 *-ex. di

High Low Dow Jones Averages 162.80 111.84 30 Industrials ·

Raila" Utilities Bonda Commodity Index

32.07 29.16 20 20.45 18.03 20 92.19 83.06 40 64.07-48,47 11

Feb.

Mar.

Sterling

Sellera Opening " Closing

Spot 0/3-21/64 0/3-21/64 -0/3-21/64 0/3-21/64 0/3-19/64 0/3-5/18

US. Dollars

Spot.

$5-5/16

$5-5/16

Feb.

-5-5/18

Tientsin-Pukow Rly, 5%

(Brit. Btpd.) Tientsin-Pukow Riy, 5%.

(German Stpd.)......... 18 Tientsin-Pukow Rly. 51.

(Brit. Stpd. Supl, Loan) Tientsin-Pakow Rly. 5%

(Ger. Stpd. Supl, Loán). 15 Jap. 6% Ster. Loan, 1924 22 |Ger. 7% Intl Loan, 1924 5-1/2

Chartered Bank

15

15

8-3/4

HK & Shai Bank (Lan

Reg.)

To-

HK. & 8ha1 Bank (Col

and TIENTSIŃ:;.

Peg)

83

KOBE and OSAKA

Chinese. Eng. d Mining

(bearer,

18)

Chosen Corporation Mercantile Bank of In-

dia, £5, "G"..

Pekin Syndicate

11-1/8 1/6

s'hal Elec. Constr, Co. Shal Waterworks "A"

V5-5/18 Mar

5-1/4 5-9732 Market: Quiet but steady.

Silver Duty Rate The Central Bank of China's rate on London at. 10 am, today was 1/2-1/2d.

The Equalisation rate was 23-1/2 per cent

Calcutta Exchange

Calcutta, Feb. 6 (Reuter), TT on Japan, 81-1/4

India Rupee Paper

Bombay, Feb, & (Reuter). Govt. 34% Rupee, 95-04-0.

LONDON GOLD

London, Feb. 8: (Reuter), Bar Gold. Fine per oz. 188/-...

Union Insurance

15/- 13-1/2

20

15/71.

Gula Kalumporig Rubber Lon, Mid, & Scot, Rly 141 Great Western Bly. ... 351 National Bank of India 31 B.-A. Tob (bearer): 90

33/9 Dunlop Rubber................ Bristol Aeroplane di 10/6 Imperial Chemical Ind. 28/3

INDO-CHINA

STEAM NAVIGATION COMPANY LTD.

Operating Services for Cargo and Passengers

SWATOW, SHANGĦAL TSINGTAU, CHEFOO

SINGAPORE, PENANG and CALCUTTA

BANDAKAN

HAIFHONG

All steamers berth alongside the Roosevelt Terminal in the French Conccasion BE. Shanghai, where passengers and cargo are inaded.

For further particulars

please apply to

JARDINE MATHESON&Co.,LTD

TELEPHONE 303II - GENERAL MANAGERS

BANKERS:

Tha Bank of England and Midland

Bank, Ltd. BRANCHES:

Kuantan

Bangkot ipoh Bombay Oilcaza Colomba Detal Galle

Hongkong Hania Liple Howrah

Hola Trengganu Madras

New York POURNE

Rangoon Shanghai

Simi

Esila Lumpur. “Jingsporą "HONG KONG BRANCH;

Every deseription, of Banking and Exchange buslocis traumatod.

"TRUSTEE AND EXECUTORSHIP

UNDERTAKEN

BANK OF CHINA

Specially Chartered by. THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGÈ

MA BANK

PAID-UP CAPITAL $40,000,000. UIF

*(BRANCHES ALL OVER OKINA)

Owing to our numerous Branenas in China and connections, in the CURRENT ACCOUNTS opened in Local Our principal Commercial Centres of rec07, AZJ FIXED DEPOSITS recadad Local the World, "we are able to extenu OTR & STERLING on terms that may be to our Clients special facilitics for assertaźred on spy Ication? Y

Domestic and Foreign Hanking aar Manager Exchange.

D.-BENSON,

What do

you want ?

If there is anything you want to buy or Bell,

try a small Classlifed "advertise- ment in the Hong- kong Daily Press

25 words: $1.50 prepaid

for 3 insertions.

Head Office:-SHANGHAI Hong Kong Branché QUEEN'S ROAD, O. 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

SHOU J. CHEN,

Manager,

DOW JONES AVERAGE

Feb. 7, 1941:

Feb. 5,

High Low Close

Change

124.14

128.37 124.25 124.78

82 ap

Bubelbed Capital..

28.69

- 28.54 28.32·28.40

.28 off

Paid-up Capitál

19.88 --91:17

20.15 19.08 · 20.05

9131 .14. up 55.87

53.9003 up Business Done: -420,000 shares

Roserve Fund and Best,

.30 up

£3,000,000 £1,800,000 £1,000,000

Kowloon San

Lumpur Shanghai London Singapore Lyons "Sourabaya Malacca Sungei

Manila

Patani Swatow (Joboro) Tientsin Mukden Tokyo New York Tsingtao Peiping Yokohama Penang

OURRENT ACCOUNTS opened

PEIPINA

(Peking)

FORLAGN EXomazan and Groers! Banking Business transacted.

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

SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates obtainable

on application.

The Bank's Head Office in London

in Local Currency and FIXED DE- 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 British Income Tax overpaid, on quoted on application.

SAFE DEPOSIT BOXES of terms which may be ascertained. at any of the Agencies and Branches... various sizes to let.

R. A. CAMIDGE,

Manager.

TRUSTEE and, EXECUTOR business undertakin.

HONGKONG SAVINGS

BANK

The Business of the above Bank is conducted by the BONGKONG & SHANGHAI BANKING COR PORATION. Rules may be obtain ed on application..

For the HONGKONG & SHANGHAI BANKING CORPORATION.

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 CHASE NATIONAL BANK, NEW YORK, with Resources of over, U.S.$2,500,000,000,

D. L. BALLANTYNE,

Manager,

THE MERCANTILE BANK OF INDIA, LIMITED

Head Office:-15,, Gracechurch Street, London, EC.3

Authoriand Capital

BANK OF EAST ASIA. LIMITED

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

Profite

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

14

Board of Director.

Wong Cha Son, E Fang Fing Wah Esq.

HON. SIR SHOUSON CHOW, Chairman Li Koon Jhun, Esq. Li Lan Sang, Eng. P. K. Kwok, Bag. Wong T Tang, Esq. Chan Ching Shel, Esz KAN TONG PO, Esq., Chief Manager Hox, MR. LI TSE FOND, Manager

Branches and Agencies:

Amoy

Bazaria

Kowloon Раздат singapore

Hangsen Beurabaya: » Baigon

London'

San Fran- Sydany

cisca Tisan

Beattie Vancouver demarsig

Stinagtim

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

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

SAFE DEPOSIT BOXES TO LET.

KAN TONG PO,

Chief Manager.

HAIFEONG • NEW YOat HAMBURG - HANIOW

YOKOHAM

5,598,600.00

1.

2,983, 261.50

Bombay

Manila

Walcotia

Haldourts

Haiphong

Nagasaki

Hankow donolulu Kabu

New York Part

Palping

Kandy Karachi

Kota Bhar

B