1941-02-13 — Page 10

Daily Press 孖剌西報 All

NEW YORK, Feb. 11, 1941.

High Low Close Close Change

On demand

430

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

20.15

20.08

814

614 601 12.42 12.20

10.31 10.39 20.02 703 811

61jb 12,47b 12,26

10.38 .03 ON

20,10N 08 up

79% 60%

1 of

STOCKS

off

21 of

Adams Express .....

Close

Opening

Closing

Change

Alleghany Steel 00......

Allis Chalmers

On SingapOTO

March

10.39/39

10.39/38

10,36/36

.03 off

Aluminium Ltd,

52 3/4

May

10.37/37

10.36/36

10,33/33

04 off

Amer. Can

On Japan:-

July

10.25/25

10.24/26

10.21/21

.04 off

American Cyanamid B.

On demand...

102 1/2

October ....

.9.76/76

9.79/79

9.70/78

unch.

Amer. & Foreign Power

On India:-

December

9.73/73

9.77/77

9,72,72

01 aft

Amer & Foreign $7 pf.

. Telegraphic

Transfer.

82 1/2

January

9.70 N

9.718/748

and demand

Spot

10.94

9.69 N 10.01

01 off

Amer. Locomotive

03 OC

Amer. Metals Co.

On New York:--

Amer. Radiator

Amer. Rolling Mill

Amer. Sting and Ring Co.

On Batavia:---

On demand

On Paris:

44 1/2

Amer, Sugar Refining

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

On Saigon:-

On demand 103

NEW YORK RUBBER

March

Amer. Tel, & Tel

May

July (New contract) September („ }

20.02/02 20.02b/103 20.10 N 19.92/93 19.95b/20.05a 20.20b

19.78b/80a ... 19.74/74

19.85b 19.55 N 19.63765 な

19.70 N

.08 up

Amer. Tobacco "B"

Amer. Waterworks:

.28 up

PACE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE CLOSING QUOTATIONS

FEBRUARY, 12. 1941.

On London:—

»

Telegraphic Transfer. 1/2 7/3 Bank Bills, on demand 1/2-7/8 Credits 4 months" sight

On Shangbal:-

On demand

NEW YORK COMMODITY MARKET

(REUTER'S SERVICE)

10.40

·Prav, Today's

Bank Bula, on demand 23 3/4 Crediis, 60 days' sight 24 1/2

Total sales Monday:-37,100 bales.

The arst notice "day for March Cotton is 25/2/41 and last day is 14/3/41.

NEW YORK STOCK EXCHANGE

QUOTATION (REUTER'S SERVICE)

FEBRUARY, 12, 1011

THURSDAY, FEBRUARY 13, 1941.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital... $50,000,000

Reserve Funds:

INDIA, AUSTRALIA

AND CHINA

Issued & Fully Faid-Up 890,000,000 corporated by Royal Charter, 1850

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

£3,000,000 .........£3,000,000

£3,000,000

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

Proprietors

$90,000,000

Head Office:~HONG KONG

prietors....

HEAD OFFICE: LONDON:

38, Bishopsgate E.C.S Sub-Agencies In Lendon:

117/122, Leadenhall Street, E.0.1 West End Branch:

14/16, Cockspur Street, B.W 1

Manchester Branch:

58, Mosley Street, Manchester, 1.

ALOR STAR

AGENCIES AND BRANCHES-

BONG KONG PENANG ILOILO

IPOR

AMRITSAR

BANGKOK

BATAVIA

BANGOON

BAIGON

BERIMBAN

SHANGHAI

DALOUITA

KLANG

Кон

AGENCIES:

FAIRLIK PE

Last Sale

STOCKS

Last Sale

Feb. 11.

Feb. 11.

6

Loft Incorperated

16)

311

Mack Truck Inc.

274

30%

Martin, Glen L

254

70

McKesson & Robbins, pfd.

354

861

Montgomery Ward

36

33

M'tain City Copper Co.

3

National Aviation

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

Chairman. W. H. Lock, Esq.,

Deputy Chairman.

17

Nat. Dairy Products

13+

J. K. Bousfield, Esq.,

131

National Distillers

201

A. E. Compton, Esq.,

173*.

National Lend

161

L. J. Davies, Esq.,

64

Nat, Fower & Light

61

Hon. Mr. S. H. Dodwell,

13

National Supply Corp.

40

53.

G. Miskin, Esq.,

New York Cential

K. S. Morrison, Esq.,

127

14

Niagara Hudson Power

21"

163

N. American Aviation ....

694

141*

North American Co.

151

51

Northern Pacific

61

Anaconda Copper

231

.11. up

Owens-riots Glass Co.

44

15 up

Atchison, T. & S, Fe.

213

Branches:

Pacific Gas & Elec

262

Aviation Corp. .....

41

On Manila-

Fackard Motors.

3

On demand

.......... 47 1/2

On Bangkok:-

Total sales:-880 tons,

CHICAGO WHEAT

Baldwin Lecometive

151

Amoy

Jobore

Pan-American Airways

13

Bangkok

Kobe

Rangoon Saigon

Baltimore & Ohio

32

Faramount Pictures.........

11

Batavia

On, demand

149 1/2

Barber Asphalt. Co.

9

Pennsylvania R.R.

Bombay

233

Kuala "Francisco HAMBURG

On Sterling Notes:-

May

BI/817

811/81

30/791

11 off

Barnsdall Of

84

Calcutta

Philadelphia Read Cos)

t

Bank Buying Rate

Now.

July

751/753

75+/75

744/741

1

off

Bendix Aviation

341

Canton

London

Phillips Petroleum

367

Bar Silver per of

21 5/16

September

752/758

741/748

off

Bethlehem Steel

80

Chefoo

Lyons

Public Service of NJ,

28)

CHICAGO CORN

May****

June

Steady.

STERLING

at

1/3,1/32

March May

for Cash.

at 24.1/16. Later some

business

with May

| NY-London Cross Rate 4.03

London

New York

Japan

India

Paris Hongkong

Sterling

Spot Feb.

Mar.

Spot

Feb.

Mar.

Market Report

FROM ROZA BROS.

Wednesday, Feb. 12.

The price for Ready Sliver was July unchanged at 23.5/16. but the September Forward rate rose 1/16 to 23.6/16.

NEW YORK HIDES Silver advices reported the Mar- ket as being steady but quiet. † March American Silver 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.

MARKET

There were sellers at 1/3 Febru-

buyers ary/April.

U. S. DOLLARS

Total sales for the day:-137 contractai NEW YORK COCOA

March Mily

NEW YORK SUGAR NO. 3:

The market closed with sellers NEW YORK SUGAR NO. 4:

was arranged at 24.1/8 for Cash. March

The market closed at Noon

sellers at 24.1/16, buyers at 24.3/15 Volume of business done:-182 lots.

for Cash.

SHANGHAI DOLLARS - Opened with sellers at 443 and

NEW YORK COPPER FUTURES March

at the close there were sellers at July 445.1/2 for Spot: Business

arranged at various rates.

SHANGHAI MARKET

was NY. Official Silver

Opened with sellers of Sterling

at 3.3/8 for Spot and closed easter

with sellers at 3.11/32 for Spot LONDON STOCK

US Dollars opened

with

sellers

for Spot at 5.7/16 and last advices indicated sellers at 5.13/32 for Spot.

Shanghai Exchange

Shanghai, Feb. 12 (Reuter).

Official T.T. Rates

Opening

EXCHANGE

(REUTER'S SERVICE)

London, Feb. 11.

LONDON STOCK

EXCHANGE

LONDON, Feb. 12 (Reuter)

On the Stock Exchange yesterday apart from the continued

firm- ness of Indla stocks, mostly list- The following quotations are the less conditions prevailed with middla prices at the close of the Balkan uncertainties atifling buy- market in London. All quotations ng interest..

are subject to confirmation and no Gut-edged securities were steady responsibility is assumed for errors but home rails, industrials and oils in transmission.

were dull

Among foreign bonds, Belgian four per cent, advanced from 64 to 66, which is now 50 per cent, above the figure at the end of the year, but the Greeks receded a trifle

Wall Street was easy.

SILVER MARKET

Monday's sales:-7,870,000 bushels

Bliss & Co. *********

161

Colombo

Pullman Inc...........................

234

Dairen

Boeing Airplane Co.

16

Pure Oll

73

Borg-Warner

181

Radio Corpn. of Am.

·Briggs Mig............................

21

611/614

60%/61

off

Reading Company,

Com.... 13

Budd M'facturing Corp.

4

61 b 6142

61/61

601/601

off

Remington Arms Co., Inc.

51"

601/601

t off.

Canadian Pacific R’way

31

Republic Aviation Corp.

41

Case, JI

47

Celanese .....

243

Republic Steel

Ipoh

181

Revere Corp.

91

Chesapeake & Ohio

41

12.476

...... 12,26/26

12.42/42

12.18/18

12.26/27 12.10/12

21 off

Reynold Tobac. "E"

334

Chrysler Corpn.

651

off

Columbia Gas & Elec.

44

Safeway Stores

393

Schenley Distillera

Commercial Credit Co.

29

97

Sears Roebuck

72+

Com, & Southern (Ord.)

11/16

Shell Union Ol

Consolidated Edison .....

214

111

5.34 N 5.43/43

5.33b/34a 5.33b/44

5,48 N 5.58/58

.14 up

Consolidated Of

51

Socont-Vacunum Oil

Southern Päcktie

87.

15. up

Continental Can

372

Southern Rly $5 pfd.

Continental of

18

21:

Copperweld Steel

153

Spicer Manufacturing Co. 321*

Standard Brands

2.00b/01a .................................. 2,05b/06a Volume of business done:-38 lots

2.01b/03a 2.07b/08a

58

01

Ourtiss Wright (C)

8?

61

up

Stand Gas & Elec......

1*

.02 up

Curting Wright "A"

26+

$

Standard Oll of California

Deere & Co. .......

197

197

Distillers Corpn. Seagrams

162*

Standard Oil of NJ.

344

Douglas Aircraft %,

88+

Stone & Webster

62

.621b/.691a .69/.69 711b/,728 721/73

.681b/.69/a unch. :714b/724

Du Pont de Nemours Eagle Picher Lead

1461

Studebaker, Com

67

Hon. Mr. T. E. Pearce,

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

Chief Manager.

Kowloon Sar

BOMBAY

OLAVE STREET KUALA

CANTON DAWNPORN CEST COLOMBO DELHI HAIPHONG

HANKOW Lumpur Shanghai

Singapore

Sourabaya

Malacca Sungei Manila. Patani

Swatow

Foochow Muar

Haiphong (Johore) Tientsin Rackow Mukden Tokyo

New York Tsingtao Harbin Iloilo

Peiping Yokohama

Penang

LUMPUR

KUCHING:

MADRAN

MANILA

MIDAN

NEW YORK PRIFING

(Peking)

--

BINGAPORE

SITIAWAN .BOURABATA

TAIPING TIENT81N

TONGKAM

-(Bhuket)

IJINGTAG YOKOHAMA

FOREIGN EXCHANGE and General Banking Business transacted:

CURRENT "Accounts opened and FIXED DEPOSITs received for One Year or shorter periods in Loos) 01 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

CURRENT ACCOUNTS opened 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 various sizes to let.

any of the Agencies and Branchee.

R. A. CAMIDGE,

Manager.

TRUSTEE and EXECUTOR business undertaken.

HONGKONG SAVINGS

BANK

The Business of the above Bank

Swift International

12 conducted by the "HONGKONG

18+

9

SHANGHAI BANKING COR

Technicolor

9

unen,

Eaton Mfg. Co.

32

Elec, Autolite ...

• 281.

Texas Corpn.

37

ed on application.

Elec Bond & Share

34

Texes Gulf Sulphur

36A

Timken-Axle

11.45b/50a 11.40b/50s 11.30b/38a 11.25b/36a

11.45b/49

unch

Elec, Bond & Share $5 pr. Elec. Bond & Share $6 pf.

544*

302

.623

Trans-America Co.

41

34-3/4

11,28b/32a $4-3/4 4.03

02 off

Elec. Power & Light $7 pf. -314 mintkote

20th Cent. Fox.

B1

131

Union Bag & Paper Corp.

107

Hong Kong, 28th Feb., 1939.

Gen. American Trans.

512.

Union Carbide

Carbon

64

Union Pacific

78

THE CHASE BANK

Gen. Electric

32.

Gen. MotorS

43++

United "Aircraft

371

Gen. Railway Signal

131

United Airlines Trans ......

13+

United Corpn.

11

Gen. Tire & Rubber

Glidden Co.

Goodrich (B.F.)

137

United Corpn. $3 cum pí. ̈ 274

HEAD OFFICE:

137.

United Gas Corpn.

11/16

Goodrich 35 pt.

62

United Gas Improvement

91

Goodyear Tire & Co.

174

UB., Industrual Alcohol.

Great Northern Iron Ore ..

14+

U.B. Rubber

241 194

Great Northern Rly, pfd.

244

UB. Rubber $8 pfd,

86

Great Western Sugar

21

U.S. Smelting

501

Greyhound Corpn. Hercules Powder Co.' Homestake Mining

11

U.S. Steel......

61

6B

Vanadium -

29

481

Vultee Aircraft

61

Int Nickel

Inter. Paper & Power Int. Tel. & Tel.

Johnsman

Kennecott Copper

Libbey-Owens-Ford Glass Lockheed Aircraft Loew's Inc.

18

0/3-5/16 5-1/4

22-1/4 18-3/4

nominal 22

War Loan, 3% (Red

after 1952)

1038

Defence Loan, 3%

1011

Middle

Rellers

Opening Closing

0/3-23/64 073-11/32

0/3-3/8

0/3-3/8

0/3-11/32 0/3-21/84

U.S. Dollars

35-7/16 $5-13/32..

5-13/32 5-3/8

5-7/16 5-13/92

Market:---Quiet,

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 2311 per cent

American' Market Holiday

All American markets will re- LP. N/Y Issue) main closed on Wednesday, Feb.

12 (Lincoln's Birthday),

Caleutia Exchange-

Calcutta, Feb. 11 (Reuter). TT. on Japan, 81-1/4

India Rupee Paper

Bombay, Feb, 11 (Reuter).

Govt. 31% Rupee, 26-02-0.

*

LONDON METALS

EXCHANGE

Landon, Feb, 11 (Reuter).

Tin. Standard, Cash,

Price, £257-1/8.

Tin, Standard. Price, 2258-3/8,

Market steady.

| Tientsin-Pukow Rły, 5%

(Brit, Etpd. Supt Loan) 15 Tientsin-Pukow Rly. 5%

(Ger. Stpd, Bupl, Loan) - 15 Jap. 6% Ater, Loan, 1924 Ger, 7% Intl Loan, 1824 Chartered Bank

Cash, Middle HK. & `Bhai Bank (Col.

LONDON GOLD

London, Feb. 11 (Reuter). Bar Gold, Fine per oz., 188/-

Chinese Eng. & Mining

(bearer)

Santon-Kloon Rly, 5% Chinese 41% Gold Lan

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

1925/4.....

13

44

42 to 47

[Chin. 44% Anglo-French

Loan, 1908

45

Chinese 5% Crisp Loan.

1912

26

I

Chinese 5% Reorg, Loan,

1913 (Ldn. Is.)

34

- LONDON SILVER London, Feb. 11 (Reuter). Silver-Little trade buying and lew offers. Market steady. In the afternoon, the market was quiet with no business,

Chinese 8% Ster. Notes.

Spot, 23-5/16d.

1925 (Vickers)

10

Chin. Imperial Rly. 5%

Loan

47

Honan Rly. 5%

16

Hakuang Rly, 5%, 1911...

15

75 bars,

Bukuang Rly. 5%, 1911-

German Issue】 Lung Teing & U. Hal Rly. 5% 1913.......... 6hal-N'King Rly. 5% Tientsin-Pakow Rly, 5%

(Brit. .Stpd.) Tientain-Pukow Bly, 6% ·

(German Stpd.)

Indian Mint Silver

Ready t

63-04

Feb. 21 Settlement

83-03

Mar, 25 Settlement

63-11

Operating Services for Cargo and Passengers

16

TO-

15

15

B'bai Elec. Constr. Co... B'hal Waterworks '"A" Union Insurance

15/-

13-1/2 20

and TIENTSIN

SINGAPORE, PENANG and CALCUTTA

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

KOBE and OSAKA

Gala Kalumpong Rubber 15/7) Lon, Mid, & Scot., Rly. 14

Great Western Ely.

341

23

National Bank of India"

31 4

6

B.-A. Tob (bearer)

87

Dunlop Rubber

01/101 33/6

E.K, & S'hai Bank (Lan

Reg.)

Bristol Aeroplane

10/0

Per)

2,3

78

Imperial Chemical Ind. 29

United Steel

22/76

80

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

52/7

Maraman Investments

6/3

18/~

Western Holdings .........

9/0

Chosen Corporation Mercantile Bank of In-

dia, £5, "m

Pekin Byndicate

4/-

11-1/8 1/6

| Aub-Nigel

147/6

Thell Trans. * Trad.

bearer)

44/44

Zbla.

SANDAKAN

HAIPHONG

All steamers berth alongside the Roosevelt Terminal in the French Concesion at

Shanghai, where passengers and cargo are landed.

For further particulars

please apply to

JARDINE MATHESON&Co.,LTD. TELEPHONE SOBIOGENERAL MANAGERS

Forward, 23-5/16d.

RUMBAY SILVER

Bombay, Feb, 11 (Reuter),

Market-Quietly steady. Oftake

W

1940/41 High Low Dow Jones Averages 182.80 111.84 30 Industrials

38.67 22.15 20 Rails 28.45 18.03 20 Utilities

Bonds 92.19 83.00 40 64.07 48.47 11 Commodity Index] 55.88

90.09 55.71

Business Done:~420,000 shares ADS

INDO-CHINA

BANK OF CHINATM

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

BANK

STEAM NAVIGATION COMPANY LTD PAID-UP CAPITAL $40,000,000.

(BRANCHES ALL OVER CHINA) Owing to our numerous Branenes in China, and connections in the principal Commercial Contres of the World, we are able to extend to our Clienta special facilities for Domestic and Foreign Banking and Exchange.

Head Office:-BHANGHAI Hong Kong Branch:

4, QUEEN'S ROAD, C. South China Offices:

CANTON

BWATOW

SHIUCHOW

KONGMOON TOISHAN

KINGCHOW

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

SHOU J, CHEN

Manager.

221

Walworth Co.

5

12+

Warner Bros. Pict

31

2+

Westinghouse Elec..

95

57

Woodward Iron Cor.

29

321

Chase National Bank

304

35"

National City Bank

252

23 321

Libby, Monell & Libby,

DOW JONES AVERAGE.

Feb. 12, 1941.

Feb. 10,

124.19

23.28

High Low Close 123.80 122.51 122.01

28.21 27.91 27.92

Change

PORATION. Rules may be obtain-Authorised Capital......$10,000,000.08

For the HoNoXONG & SHANGHAI

· BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager.

Reserve and Undivided

5,598,600.00

2,083,281:50

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

Board of Director.

15, QUEEN'S ROAD, CENTRAL HON. SIE SHOUSON CHOW, Chairman

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.$3,800,000,000.

D. L. BALLANTYNE,

Li Koon Chan, Esq. Li Lan Sang, Esq. P. K. Kwok, Esq... Wong Chu Soa, Esq. Wong Yun Tong, Haq, Fung Ping Wah Esq. Chan Ching Shok, 894.

KAN TONG Po, Esq., Chief Manager HON. MR. LI Tax Foxa, Manager

Amoy

Bateria

"Branches and Agencies:

Bombay Caletta Haiphoon

Kewicon Perang Bingapore Loudon Rangoon Boticabaya

Sagusta

Bwatow

Saă Fran. Sydney

sloo Tintain

Habourn

New York Beattle

Palping

Homolala Paris

Bemarang Shanghal

Vancouver

Every deacription of Banking and, Exchange business transacted. Loane. granted on approved securities.

Current Accounts opened in Local Manager, | Currency and Fixed Deposits re- ceived for one year of shorter periods in Local and Foreign Unr rencies on terms which will be quoted on application. "

SAFE DEPOSIT BOXES TO LET.

KAN TONG PO,

Chief Manager.

A Job 2

BANK OF EAST ASIA, LIMITED

Paid-Up Capital

Profits

Hankow

Kove

19.89

19.85 19.80 19.81

91.00

1.08 off .38 off 28 off .31 off .17 off

WANT

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