1941-02-12 — Page 10

NEW YORK, Feb. 10, 1941.

High Low

10.39 10.36 20.03 20.00 821 91) 611 61 12.65 12.49

Close Close Change 10.37 10.39 02 up 19.90 20.02 12 up 821 .810 1 off 613 61b i off 12.47b 12.475 unch.

Close

Opening

Closing

Change

Alleghany Steel Co.

10,37,37

10.36/36

10,39/39

.02 up

Allis Chalmers

10.35/35

.10.34/34

10.37/37

.02 up

Aluminium Ltd.

10.23/23

10.22/22

10.25/25 .02 up

Amer. Can

9.74/74

9.74/74

9.76/76

02 up

American Cyanamid B.

9.71/71

9.68 N

9.71b/72a 9.67b/700

9,73/73

.02 up

Amer. & Foreign Power ...

10.92

9.70 N 10.94

.02 up

Amer & Foreign $7 pt.

.02 up

Aizer. Locomotive

. On demand

On Paris:

44 1/1

May

.

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

On Saigon:-

On demand

...:On Manila:—

On demand

19.00, 90 19.80/80 July (New contract).... 19,82/61- September (.....")

Bank Bills, on demand 23 5/8 Credits, 60 days sight 24 3/

On Batavia:-

Total sales Saturday: 24,900 bales.

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

NEW YORK RUBBER March

Amer. Metals Co.

Amer. Radiator

Amer. Rolling Mill.

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

* CLOSING QUOTATIONS

FEBRUARY 11, 1941.

On London:-

Telegraphic Transfer. 1/2 7/8 Bank Bills, or demand 1/2 7/9 Credits 4 months' sight

On Shanghal :-

On demand

On Singapore-

On demand

On Japan:-

NEW YORK COMMODITY MARKET (REUTER'S SERVICE)

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

· 430

11.

March

52 3/1

May

July

On demand

102+1/2

October

Oq India:-

December

Telegraphic Transfer.

January

82 1/2

and demand ....................

Spot

Or New York:-

Prev. Today's

NEW YORK STOCK EXCHANGE

STOCKS

Adams Express

QUOTATION

· (REUTER'S SERVICE)

FEBRUARY 11, 1941

WEDNESDAY, FEBRUARY 12, 1941.

BANK-S

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING. CORPORATION

Authorised Capital... 850,000,000

INDIA, AUSTRALIA

AND CHINA

Issued & Fully Paid-Up $90,000,000 Incorporated by Royal Charter, 1855

Reserve Funds:

Paid-Up Capital £8,500,000 Reserve Fund

H.K. Currency Reserve $10,000,000 Reserve Liability of Pro-

$20,000,000

....£3,000,000

£3,000,00

prietors....

£3,000,000

HEAD OFFICE: LONDON:

Head Omce: HONG KONG

38, Bishopagate E.0.3. Sub-Agencies In Lendon: 117/122, Leadenhall "Street, E.0.2 West End Branch: 14/16, Cockapur Street, SW 1 Manchester Branch: Mosley Street, Manchester, 1

AGENCIES AND BRANCHES

ALOK STAR AMRITSAR

Deputy Chairman,

HONG KUNG JENANG ILOILO

IPOH

BANGOON

Sterling

Reserve Liability of

Last Sale

STOCKS

Last Sale

Feb. 10

Proprietors

Feb. 10

64

Loft Incorperated

164

211

Mack Truck Inc.

281

"32

Martin, Glen

......

261.

"T1-

McKesson & Robbins, pid.

263

861

Montgomery Ward.

36

34

M'tain City Copper Co.

34

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

W. H. Lock, Esq.,

Chairman,

12

National Aviation

91

17

Nat, Dairy Products

13

J. K. Bousfeld, Esq.,

141

National Distillers

A. H. Compton, Esq.,

181

National Lead

L. J. Davies, Esq.,

Nat, Fower & Light

Hon. Mr. S. H. Dodwell,

137

National Supply Corp.

52

G. Miskin, Esq.,

Amer. Sting and Ring Co. 41

New York Central

S

19.50/50

19.96b/20.05a 20,02/02 19.81b/95a 19.92/93 19.62b/75a -19,74,74 19.45b/80a 19.55 N

..12 up

Amer. Sugar Refining

141

Niagara Hudson Power

21

.12 up

Amer. Tel, & Tel

1638

N. American Aviation

12 up

Amer. Tobacco "B"

700

North American Co.

154

.05 uc

Amer. Waterworks

6

Northern Pacine

61

......10% 1/9

Total sales:--300 tons. CHICAGO WHEAT

Anaconda Copper

241

Owens-Minois Glass Co.

.447

Atchison, T. & S. Fe.

'22

Facific Gas & Elec

271

i

Branches:

Aviation Corp.

મ

May

823821

821/821

813/811

1 off

Packard Motors

3

Aaroy

47 1/4.

Baldwin Lecometive

15

July

765/76)

76/76

751/751

Pan-American Airways

137

Bangkok Kobe

On Bangkok:-

Baltimore & Ohlo

32-

September

702/763

753/753

14 of

Paramount Pictures

11

Batavia

On demand

149 1/2

Saturday's sales-4,593,000 bushels.

Barber Asphalt Co.

9.

Pennsylvania R.R

234

Bombay

Kuala

On Sterling Note:

Barnsdall Ou

8F

Calcutta

| Philadelphia Read, Coal

5/32

Lumpur Shanghai

Bank Buying Rate

Now,

CHICAGO' CORN

·Bendix Aviation

35

Bar Sliver per oz.

23 6/18

May

612/613

611/611

811b

AOT

Phillips Petroleum

Canton

London

37

Singapore

Bethlebem. Steel

821T

Chsfoo

July

612/612

613/61

61+b

*

off

Public Service of NJ.

Lyon!

281

Bliss Co.

198

Colombo

Malacca

March

June

Market Report

FROM ROZA BROS.

Tuesday, Feb. 11.

The price for Ready Silver rose

1/16 yesterday to 23.5/18 but the

NEW YORK RIDES

Total sales for the day:-88 contracts. NEW YORK COCOA

Forward rate was unchanged at March 23.1/4

Silver advices reported the May

September

611/818

611A

off

Pullman Inc....

241

Dairen

Manila

Boeing Airplane Co.

161

Pure Oll

72

Foochow

Muar

Patani Swatow

Borg-Warner

183

Radio Corpn. of Am.

41

12.47b/50

12.52b80a

12.25b/322 12.40/40

12.476 12.26/26

unch.

Briggs Mig.

22+

Reading Company,

Com

131-

Hankow

Mukden Tokyo

.01 up

Budd M'facturing Corp.

Remington Arms Co., Inc.

51*

Harbin

Canadian Paciic R'way

31

Republic Aviation Corp.

Iloilo..

43

Case, JI

491

Republic Steel

Ipoh

291

5.25 N 5.34/33

5.31/32 5.39/40

5.34 N 5.43/43

.09. up

Celanese ...

25

Revere Corp.

.10 up

Chesapeake & Ohio

41+

· 91

Reynold Tobac. "B"

*33

market as being steady with a NEW YORK SUGAR NO. 3 small business done. American March Silver was quoted at 34./3/4 "for May

Chrysler Corpn. ..... Columbia Gas & Mec.

66

44

Safeway Stores

40

2.00b/Ula

2.006/01a unch.

2.05b/08a

2.05b/06a unch.

|

71b/.724a 70/701 .741b/.76a .734/.741 Volume of business done:---48 lots. NEW YORK COPPER FUTURES March July

.

На

Rly. 5% 1915 S'hal-N'King Rly. 5% Tientsin-Pukow Rly. 5%

(Brit. Atpd.) ....

Tientsin-Pakow Rly. 5%

(German Stpd.)

JJ

Tientsin-Pukow Rly. 5%

(Brit, Stpd. Supl. Loan) 13

London

New York

Japan

India

5-1/4

Tientsin-Pukow Fly. 6%

Spot,

Volume of business done:-43 lots

The London New York crOSS NEW YORK SUGAR NO. 4: rate was quoted at 402.1/2. New March York/London was quoted at 403.

May

MARKET

Quiet, U. S. Dollars were firm.

STERLING

There were sellers at 1/3 Febru- at 1/3.1/32 ary/April. buyers for Cash

U. S. DOLLARS 241/16 was offered at the open- ing. The market closed at 1 pm. with sellers at 24.1/8. buyers at 24.1/4 for Cash.

SHANGHAI DOLLARS

Sellers were quoted at the open Ing at 444, Business was arranged; at various rates. The market closed with sellers at 442.1/2.

SHANGHAI' MARKET

11.50b/552 11.44b/63a 11.20b/35s 11.25b/35a

NY. Official Silver ..... unquoted NY-London Cross Rate 4.03

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

London, Jan 10. The following quotations are the middle prices at the close of the Opened with sellers of Sterling market in London. All quotations at 33/8 and closed steadier with are subject to confirmation and no sellers at 3.25/54 for Spot. U. s. responsibility is assumed for errors Dollars opened with sellers at in transmission.

5.13/32 and closed with sellers at

5.15/32 for Spot.

War Loan, 31% (Red,

after 1952)

AFTERNOON MARKET ;] Defence Loan, 3%

The market was dullin the afternoon.

STERLING

There were sellers at 1/3 Feb- ruary/April, buyers at 1/3.1/32 "for Cash,

U. S. DOLLARS- Closed with Sellers for Cash at 24.1/18, buyers at 24.3/16 for Cash.!

SHANGHAI DOLLARS

Opened with sellers for Spot at 442, "Business was arranged... at. various rates. At the close there were sellers at 443.1/4, buyers at 444:

SHANGHAI MARKET Sterling 3.25/64 for Spot were quoted at the opening. Last ad- vices indicated sellers at 3.3/8 for Spot. U. S. Dollars opened with sellers at 5.15/32. Last advices indicated sellers at 5.7/16 for Spot.

Shanghai Exchange

Shanghal, Feb. 11 (Reuter).

Official T.T. Rates

Opening 0/3-5/18

anton-K'loon Rly. 5% Chinese" 44% Gold Lan

1898 (Brit. Issue) Chinese 5% Gold "Bonds.

1925/4

Cain, 44% Anglo-French

Loan, 1908 Chinese 5% Crisp Loan

1912 Chinese 5% Reorg, Loan.

1913 (Ldn. Is.) Chinese 8% Ster. Notes.

1925 (Vickers) Chin. Imperial Rly., 5%,

Loan Honan Rly, 5% fukusng Rly. 6%, 1911..

(LP. N/Z Issue? Bukuang Rig. 5%, 1911

(German Issue> Lung Tsing & U

LONDON METALS

EXCHANGE

Tin, Price, £256-7/8.

Tin, Standard, Price, £258-1/8.

Market steady.

SILVER MARKET

LONDON SILVER London, Feb. 10 (Reuter). Silver-Market steady. Business

small

In the afternoon, the market was steady with no busi-

ness.

Spot 23-5/160.

LONDON GOLD

London, Feb. 10 (Reuter).

Elec. Autolite

*.881b/.89

714b/72a

,03 of

03 off

Commercial Credit Co. Com, & Southern (Ord.) Consolidated Edison Consolidated O Continental Can

30

Schenley Distillera

104

Sears Roebuck

11/18

Shell Union Oil

21+

Socony-Vacunum" Oll ....

54

Southern Pacifle

91

38

Southern Rly $5 pfɑ.

Continental Off

18)

EXECUTOR

Copperweld Steel

spicer Manufacturing: Co

16

Standard Brands

11.45b/508 .05 of 11.30b/38a .01 up 34-3/4 4.03

Curtiss Wright, (C.) Curtiss Weight "A"

27

Btand Gas & Elec.

-Standard Oll of California

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

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

Chief Manager-

"Johorë Rangoon

Kowloon

Saigon San

BOMBAY

CALOUTTA.

CLIVE STAKET KUALA FAIRLIN PLACN

DANTON

CAWNFOR

DELUI HAIPHONG

Francisco HAMBURG

BANKOW

Sourabaya Suagei

Haiphong (Johora) Tientsin

New York Tsingtao

Yokobama Peiping

Penang

CURRENT ACCOUNTS opened

KUCHING

MADRAZ

MEDAN..

NEW YORK

PIPING

(Peking)

TIENISIN

TONGKAR

(Bhuket)

TAINOTA

TOKOSAMP

FOREIGN EXCHANGI and General Banking Business transacted.

CURRENT A¤œuxta opened and FIXED DEPOSIT received for. On Year or shorter periods in Local of Other Carrencies 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 quoted on application. SAFE DEPOSIT various sizes to let. TRUSTEE and business undertaken.

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

any of the Agencies and Branches.

B. A. CAMIDGE,

Manager.

HONGKONG SAVINGS

BANGKOK

BATAVIA

KLANG

AGENCIES: IOSE

BAIGOS

SKRIMDAN

KARACHI

SHANGHA

SINGAPOR

BITIAWAN

30U RABATA

LUKPUR

TALPING

CEBU

COLOMBO

MANILA

Deere & Co......

20+

Distillers Corph. Seagrams

17"

Standard Oil of N.J.

341

BANK

Douglas Aircraft

$691

Stone & Webster

61

Studebaker Com

7}

The Business of the above Bank

Du Pont de Neriours

1481

Eagle Picher, Lead

16

Swift International

181*

is conducted by the HONGKONG

BANK OF EAST ASIA, LIMITED

Eaton Mfg. Co.

321

Technicolor

9

& SHANGHAI BANKING COR-

291

Texas Corpn.

371

Texes Gulf Sulphur

ed on application.

361

Elec Bond & Share...

34

For the HONGKONG & SHANGHAI

Timken-Axle

30%

London, Feb. 10, Reuter).

Standard Cash, Middle

Elec. Bond & Share $5 pt. Mec. Bond & Share $6 pf.- 634 'Elec, Power & Light $7 pf.

Flintkote

55'

Banking CorpORATION.

Trans-America Co.

20th Cent. Fok

324

Union Bag & Paper Corp.

Hong Kong. 25th Feb., 1999.

137

Cash, Middle

Union Carbide & Carbon

Gen. American Trans.

52

Union Facific

791

Gen. Electric

33

United Aircraft

37

Gen Motors

442

United Airlines Trans

141

Gen. Railway Signal Gen. Tire & Rubber

13*

111*

United Corpn.

Glidden Co........

131

United Corp. $3 cum pt. 271

3.

Goodrich (B.F)

131

United as Corpn.

13/16

Goodrich $5 pf.

62.

United Gas Improvement

9%

103

Goodyear Tire & Co.

173*

U.S., Industrual Alcohol.

1011 13

Great Northern Iron Ore ..

141*

U.S. Rubber

244 201

Great Northern Rly, pid.

26

US. Rubber $8 pfd..

57

Great Western Sugar

21

U.S. Smelting

60

44

Forward, 23-1/4d.

Greyhound Corpn.

114*

U.S. Steel

623

Hercules Powder Co

691

Vanadium

29

42 to 47

Homestake Mining

434T

Vultee Aircraft

7A

Walworth Co.

51

Int Nickel

251

45

26

Bar Gold, Fine per oz., 168/-

Inter. Paper & Fower Int. Tel Tel. Johnsman

127

Warner Bros. Pict.

31

21

Westinghouse Elec.

961

583

Woodward Iron Cor.

.291

34

Kenzrecptt. Gopper Libbey-Owens-Ford

33

Chase National Bank

311

Glass 361

National City Bank

B.-A.. Tob (bearer)

91/10

10

Dunlop Rubber

33/9

Lockheed Aircraft Loew's Inc.

232 321

Libby. Moneill & Libby

281 7

Manager,

Bristol Aeroplane.

10/8

47"

Loperial Chemical Ind. 29/3

16 #

United Stei 1992 22/0

DOW JONES AVERAGE

15

Woolworths ........................

53/6

1840/41

Marsman Investments ..

Western Holdinga

7/6 10/-

High Low Dow Jonei Averages. Feb. 8, 152.80 111.84 30 Industrials

124.71

Feb. 11, 1941,

High Low Close 126.13 193.83 124.19

Change .5% off

Baberibed Capital ..

13

Sub-Nigel

147/6

32.67 22.16' 20 Rails

28.28

28,40

1

28.28

.02 up

"Paid-up Capital

20.45 18.03 20

Utilities

20,00

20.00 19.80.19.9"

.11 off

-Bewerve Fund and Eost,

$25,000,000

£1,900,000

21,000,000

21,251,029

POBATION, Bulas may be obtain-Authorised Capital.....$10,000,000.00

V. M. GRAYBURN,

Chief Manager.

THE CHASE BANK· 15, QUEEN'S ROAD, CENTRAL

HEAD OFFICE:

18, PIKE STINKET.

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 Bauk is entirely owned by THE CHABE NATIONAL BANK,

NEW YORK, with Resources of Over U.S.$2,900,000,000.

D. L. BALLANTYNE,

THE MERCANTILE BANK OF INDIA, LIMITED

Head Office15, Gracechurch Street. London, E3 Authorised Capital

Paid-Up Capital

Reserve and Undivided

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

Board of Director,

HON. SIR SHOUзON CHow, Chairman Li Koon Chun, Eng. Li Lan Rang, Eag P. K. Kwok. Esq. Wong Chu Son, Esq. Wong Tua Tony, Eaq. Fung Ping Wab Esq. Chan Ching Shob, Esq.

KAN TONG PO, ESQ., Chief Manager, HON. ME. LI TE FONG, Manager

Branches and Agencies:"

PADOR Kowloon Loudon

Amoy

Estaria Bombay Calontes Haiphong

Manila

Paris Paiping

Bangoon

Salgan

Singapore 8gurabaya Bwstaw

Every description of Banking zad Exchange business transacted. Losas granted on approved securities.

Current Accounts opened in Local Currency and Fixed Deposita re- ceived for one periods in Local and Foreign Cur rencies on terms which will fe quoted on application.

SAVE DEPOSIT Boxes To Let.

year

or

KAN TONG-PO,

Chief Manager.

Profits

-3,588,600.00

.2,983,281.50

Melbourne Ban Fran Nagasaka

Backow Honelain Koce

nico New York Seattle

Bemarang

Vancouver

415

shorter

Shell Trans

& Trad.

14

92.19 83.08 40

Bonds

90.00

(bearer)

45

18

84.07

48.47 11 Commodity Index

66.95

*bid.

-ex. du

Business Dono:-290,000 shares.

15

15

22-1/4

(Ger.Stpd. Supi, Loan)

15

18-3/4

Jap. 6% Ster. Loan, 1924

23}~27

Paris.....

Hongkong

Sterling

nominal 22

Ger, 7% Intl Loan, 1924

Chartered Bank'

87

Spot

Feb.

Rellers

Opening

0/3-3/8 0/3-3/8 0/3-2304 0/3-3/8

EK. & Shai Bank (Idn

Reg.)

TO-

80+

Closing

KK 8bal Bank (Col.

and TIENTSIN

Feg)

81+

Chinese Eng & Miring

Mar.

0/3-11/32 0/3-11/32 U.S. Dollars

(bearer)

18/-

Chosen Corporation

4/-

Spot

Feb.

Mar.......

5-13/32 5-3/8

$5-13/32 $5-7/16 5-7/16 5-13/32

Mercantile Bank of In-

dia. 25. "G" Pekin Syndicate

Silver Duty Rate

Market:-Qulet.

B'hai Elec. Constr. Co S'hai Waterworks “A” The Central Bank of China's Union Insurance rats on London at 10 ani, today was 1/2-1/26.

The Equalisation rate., was 23 per cent

Calcutta Exchange

Calcutta, Feb, 10 (Router). T.T. on Japan, 81-1/4

India Rupee Paper:

Bombay, Feb. 10 (Reuter). Govt. 31% Rupeo, 05-10-0,

11-1/8 1/8 15/- 13-1/2 20

Gula Kalumpang Rubber Lon, Mid, & Scot., Rly: 141 Great Western Rly.

15/7

344

National Bank of India" 31

INDO-CHINA

STEAM NAVIGATION COMPANY ITD.

Operating Services for Cargo and Passengers

SWATOW, SHANGHAI, TSINGTAU, CHEFOO0

KOBE and OSAKA

SINGAPORE, PENANG and CALCUTTA

SANDAKAN

HAIPHONG

All steamers berth alongside the Roosevelt Terminal in the French Concassion at Shanghai, where passengers and cargo are landed,

For further particolara

please apply to-

JARDINE MATHESON&Co.,LTD. TELEPHONE ZOZIL • GENERAL MANAGERS ·

BANKERS:

The Bank of England and Midland

Bank, Ltd. BRANCHES:

Delhi... Galle Hongkong Howrah

Jaffna

Kuantan

Kandy Karshi

· Kaala Tranggana

Perang Bangoon

-Shanghai

Kuala Lumpur Bingapore

HONG KONG BRANCH:" Every description of Banking and Exchange businem transcded.

"TRUSTEE AND EXECUTORSHIP

·UNDERTAKEN

CURRENT ADCOUNTS opened in Local Cur. randy and FIXED DEPORTES received in Dosal Currency & STELLING on terma that may be ascertained on spy lustion.

D. BENSON,

What do

-Manager

you want?

anything

If there is you want to buy or zell, try 2 small Classified advertise- ment the Hong- kong Dally, Press,

25 words $1.50 prepaid

for 3 insertions,

BANK OF CHINA

Specially" Chartered by THE NATIONAL GOVERNMENT

OF CHINA AS AN.. INTERNATIONAL EXCHANGE

BANK

PAID-UP CAPITAL 240,000,000,0 (BRANCHES ALL OVER 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 Clienti special facilities for Domestic and Foreign Banking and Exchange.

Head

Office:-SHANGHAI Hong Kong Branch: 4, QUEEN'S ROAD, C. South China Offices:

CANTON

SHIUCHOW

KONGMOON TOISHAN KINGCHOW

We also handle the issue of Bondi and other Public Funda of the Chinese Government both at Home and Abroad,

SHOU J. CHEN,

Manager.

91.00 $5,88

.01 up .07 off

Bangkok fpoh

Bambay..

Calenta Colombo

Madras

New York

Kota Bharu

Kuala Lipt

SWATOW