1941-02-19 — Page 10

(REUTER'S SERVICE)

NEW YORK, Feb. 17, 1941.

New York Cotton, March

New York Rubber, March annen. Chicago Wheat, May-............................................. Chicago Corn, May New York Hides, "March NEW YORK COTTON

B01

Prev. Today's High Low Close Close Change 10.24 10.17 10.18. 10.19. .01 Up 20.55 20.50 20,25 20.55 .03 up

791 78 79 78 601 59)

1 off

59jb

13 of

STOCKB

12.63 12.55

12,72 12,55

.17 off

Adams Express

Close

Opening

Closing

Change

Alleghany Steel Co.

420

March

10.18/18

10.17/17

10.19/19

.01 up

Allis Chalmers.

52 3/4

May

10.14/15

*10.13/13 10.17/17

03 up

Aluminium Ltd,

July

10.00/01"

9.98/99

10.02/02

,02 up

Amer. Can

102 1/2

October

9.54 N

9.51/50

9.55/55

,01 up

American Cyanamaid B....

December

9.52/52

9.49/50

9.52/53

unch

4.

Amer. & Foreign Power

Transter.1

January

8 1/2 Spot .....

9.50 N 10,69

9.49/49

9.53/53

.03 up

Amer

Foreign $7 pt.

10.70

.01 up

Amer. Locomotive

Amer. Metals Co. v... 1024

Amer. Radiabor

יד

Amer. Rolling Mill

Amer. Sting and R'ing Co.

Amer Sugar Refining

20.25/25

May

July New contract)

September (

· 20.110 19.70/70 >..... 19.45n

20.35b 20.55, 35 20.250 20.396/408 19.90b/20.05a 19.95/95

19.72b/75a 19.76/75

30 up

Amer. Tel, & Tel.

.28 up

Amer. Tobacco "B".....

25

up

Amer, Waterworks

27 "up

Anaconda Copper sing

104 1/2

Atchison, T. & 3. Fe.......

On Manlia:-

On demand

viation Corp. "...............

48 1/4

Baldwin Lecometive

PAGE 10-HONGKONG. DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND. EXCHANGE

CLOSING QUOTATIONS

FEBRUARY 18, 1941.

On London:-

Telegraphic Transter. 1/8 7/8 Bank Bills, on demand 1/27/8 Credita 4 months' sight

On Shanghai:---

On demand

On Singapore:-

On demand

On Japan:

On demand

On India:

Telegraphic

NEW YORK · COMMODITY MARKET

and demand .....

On New York:—

Bank Billa, on demand 24 1/91 Crediis, 60 days' sight 24 7/4.

On Batavia-

On demand... 45 3/4

On Paris:---

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

Total sales Saturday:-80,000 bales.

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

NEW YORK RUBBER

March

On Saigon

On dernand

Total sales:-170 tons. CHICAGO WHEAT

NEW YORK STOCK EXCHANGE

QUOTATION

(REUTER'S SERVICE)

FEBRUARY 18, 1941.

F63

WEDNESDAY, FEBRUARY 19, 1941.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

INDIA, AUSTRALJA

AND CHINA

་་

Authorised Capital... $50,000,000

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

Reserve Funds:

Paid-Up Capital

£3,000,000 Sterling.............................. £6,500,000 Reserve Fund

£5,000,000

B.E. Currency Reserva $10,000,000 Reserve Liability of Pro- Reserve Liability of

...£3,000,000 prietors

'HEAD OFFICE: LONDON:

Hon Mr. T. E. Pearce,

;י

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

38, Bishopsgate E.0,2.

Sub-Agencies In London: 117/199, Leadenhall Street E.C.a. West End Branobi

14/16, Cockspur Street, ¦ S.W_1. Manchester Branch:" 52, Mosley Street, Manchester, 1

ALOR STAR

AMRITSAR

BANGXOT

AGENCIES AND BRANCHES ·

HONG KONG PENANG

BANGOON ILGILA

SAIGON IPOR

KARACHI KLANG

KOEN KUALA

BATAVIA

BOMBAY

DALCUTTA

AGENCIES: CLIVE STREET PAIRLIK PLACE

Chief Manager. | CANTON.

LOX?UE

..

SEREMBAN

SHANGHAI

KINGAPORI

SITIAWAN

ROUMAKAYA

TALPING TIENTSLE TONGKA

(Bhuket)

Last Sale

1.

STOCKS

Last Sale

Proprietors

„$90,000,000 |

-Feb. 17

Feb. 17

51

Loft Incorperated

14

Head Office:-HONG KONG

20+

Mack Truck Inc.

261.

Martin, Glen L.

23

703*

McKesson & Robbins, pís. 241

83

Montgomery Ward

357

311

M'tain City Copper Co.

21

13/16

National Aviation ".

81

Board of Director1: Hon. Mr. J. J. Paterson,

Chairman. W. H. Bock, Esq..

Deputy Chairman.

15+

Nak. Dairy Products

134

J. K. Bousfeld, Esq.,

121

National Distillers

21

A. H. Compton, Esq.,

16

National Lead ......

16

L J. Davies, Esq.,

6

Nat, Fower & Light

OL

Hon. Mr. S. H. Dodwell,

123.

National Supply Corp.

51

G. Miskin, Esq.,

39

New York Cential ......

12

K. S. Morrison, Esq.,

131

Niagara Hudson Rower

21

1593

N. American Aviation.

138

68

A

North American. Co.

.15

51

22

1.

Northern Pacific

51

Owena-Illinois Glass Co.

43

201

Branches:

Pacific Gas & Eleg

26.

4

Packard Motors

23

Amoy

141

Pan-American Airways

12)

Bangkok

On Bangkok:-.

On demand

On Sterling Notes:-

Bar Bilver per oz

May

148 1/9 July

September

798/79

732/731

74/74

791/79/

78/781

1 of

Baltimore & Ohio

3

Paramount Pictures

LOA

Batavia

Johore Rangoon Koba Kowloon

CAWNPORN 0.30 COLOMBO

KUCHING

MADRAS

MAKILA

Saigon

DXLH1

MEDAN -

TAINGTAL

San

BAIPHONG

74,741

731/73

1 off

Barber Asphalt Co.

31

Pennsylvania B.R.

Bambay

Kuala

Francisco BAMBORG

NEW YORK PEIPIFO

TOKOKAMA

731/734

i off

Barnsdall O

81

Calcutta

Shanghai

Philadelphia Read, Coal

Tuesday, Feb. 18-

no

done.

Bank Buying Rate... Now,

Market Repori

FROM ROZA BROS.

Suver prices were unchanged March yesterday. the quotations remain June

ing at 23.174 for both Ready and

Forward Silver advices reported

the market as being steady with NEW YORK COÇOA

"business

Silver was quoted at 348/4 for May

Bendix Aviation

33

Canton London

Singapore

Saturday's sales:-4,808.000 bushels.

Phillips Petroleum

23 1/4

Bethlehem Steel

*27

Chefoo Lyons

Scurabaya

Public Service of N.J.

CHICAGO CORN

Bliss Co.

141

Colombs

Malacca

Sungei

Pullman Inc..

Dairen

Manila

Patani

May July.

6047604

801/601

801/60) 60/60

591b

11 oft

Boeing Airplane Co.

141

Pare Ol

74

Foochow

Muar

Swatow

September

592/594.

591/591 581/587

ON

Borg-Warner

•17

Radio Corpo, of Am,

4

off

Briggs Mfg.

201

NEW YORK HIDES «

Budd M'facturing Corp.

37

Reading Company, Com 124

Bankow

Remington Arms Co., Inc. » 54′′.

Harbin

Canadian Pacific R'way

31

12.72/72 12,60/63

I

12.68b/778 12.55/55 12.55b/70a 12:47b/49a

.17 of

.13 off

Case, I

451

Republic Aviation Corp.

Iloilo

37

Celanese

231

Republic Steel

171

Ipob

Revere Corp.

83

Total sales for the day:-35 contracts

Chesapeake & Ohio

391

| Reynald Todac. "B"

Chrysler CorpIL

64

Columbia Gas & Elec. ....

46

Bateway Stores

38

American March

5.54 N 5.63 N

5.55/63 5,70/70

5.62 N 5.69/89

.08 up

06

Commercial Credit Co....

291

Schenley Distillers

91

up

Sears Roebuck

69%

Com, & Bouthern (Ord.) ...

11/16

#

Shell Union 'ou"

II

quoted on application.

#pot.

The London-New York cross- rate was quoted at 402.1/2. New "York-London was quoted at 403-

1/4

MARKET

NEW YORK SUGAR NO. 3; March May

Consolidated Edison...

211

Socony-Vacunum Of

82

SAFE DEPOSIT

2.03b/04a

2.08b/09a

2,05b/08a 2.10b/11a

02 UR

Consolidated Onl

52

.02 up

Continental Can

361

Southern Pacific.

84

various sizes to let

Dollars

sellers at 24.9/18 for

Quiet for Sterling. US. were firmer

STERLING

There were sellers at 1/3 Feb.- April, buyers at 1/3-1/32 for Cash..

U. S. DOLLARS

Volume of business done:-246 Iota NEW YORK SUGAR NO. 4:

March May

Volume of business done unreceived, ~

The first notice day for March is 17/2 and last day is 28/2, NEW YORK COPPER, FUTURES

Opened with sellers at 247/16. March Subsequently sellers were offering July

24.1/2 without

attracting any N.Y. Official Silver unquoted buyers. The market closed with NY-London Cross Rate 4.03-1/4

probable buyers at Cash

Cash and

24.11/16 for

SHANGHAI DOLLARS Opened with sellers at 427, The highest rate touched was 129.1/2. "Business was arranged at various rates and at the close there were sellers at 427.1/2 for Spot.

SHANGHAI MARKET,

LONDON STOCK EXCHANGE

(REUTER'S SERVICE›

London, Feb 17.

The following quotations are the Sterling opened with sellers at middle prices at the close of the 3,15/32. The market was steady market in London. All quotations and last advices indicated sellers are subject to confirmation and no at 3.1/2 for Spot. US. Dollars responsibility is assumed for errors

at 5.21/32 transmisalon. opened with sellers for Spot. The market was firm morning. Last throughout the advices received indicated sellers at 5.3/4 for Spot.

Shanghai Exchange

Shanghai, Feb. 18 (Reuter).

'Official T.T. 'Rates:

War Loan, 31% (Red,

after 1952) Defence Loan, 3%.......

· 1011 Janton-K'loon Rly. 6% 13 Chinese 41% Gold Iwan

1898 (Brit Issue Chinese 5% Gold Bonda.

1925/47

SILVER MARKET

LONDON SILVER

London, Feb. 17 (Reuter). Silver Market steady. Business very small. In the afternoon, the market was steady with no busi- ness.

Spot, 23-1/4d.

Forward, 23-1/4.

BOMBAY SILVER Bombay, Feb. 17 (Reuter),

Oftake 300 bars,

Market-Quiet.

Continental Oil

181

Southem Rly $5 pfd.

201

TRUSTEE

and

BOXES

EXECUTOR

Spicer Manufacturing Co.

31*

business undertaken.

HANKOW Lumpur

Haiphong. (Johore) Tientsin

Tokyo

Mukden New York Tsingtao Peiping Yokohama Penang

CURRENT ACCOUNTS opened

(Peking)

FORKUN Exchange and General Banking Businem transacted.

CURRENT ACcotiers opened and PIXED DEPoStrs received for On Year or shorter periods in Local or Other Currencies at rates whicl will be quoted on application.

Savings Accounts al openeť 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 of terms which may be ascertained at

any of the Agenoies and Branches.

RA. CAMIDGE,

Manager.

Copperweld Steel

142*

Standard Brands

8

Curtiss Wright (C.)

73

.660/66)2,56).67 .70b;.703a714/714

.891b/.700. .73b/.7810

.03 up .03 up

Curtiss Wright "A"

Deere & Co......

Distillers Corpn. Sesgrams.

Douglas Aircraft

Du Pont de Nemours

Eagle Fichier Lead

11.49b/54a 11.30b/402

11.45b/55a 11.300/40a

11.52b/55a .03 up 11.406/472 34-344 4.03-1/4

Eaton Mig. Co.

10 up

Elec. Autolite ..... Elec Bond & Share

Elec. Bond & Share $5 pf.

Elec Bond & Share $8 pt.

Elec. Power & Light $7 pf.

Flintkote

Gen., American Trans.

Gen. Electric

Gen Motors

Gen. Rallway Signal.

Gen. Tire & Rubber. Glidden Co

Goodrich (B.F.) L

Goodrich $5 pf.......

Goodyear Tire & Co.

Great Northern Iron Ore ..

Great Northern Rly, pid.

Great Western Sugar

'Greyhound Corpn.

Indian Mint Silver

Hercules Powder Co

103-7/16

Ready Feb. 21 Settlement Mar. 25 Settlement

63-03

Homestake Mining

€3-02

Int Nickel

63-00

Inter. Paper & Power

Int. Tel: Tel.

Johnsman

44

Great Western, Rly.

302

Kentecott Copper

Opening

London

0/3-3/8

Chin: 44% Anglo-French

Loan, 1908

ཝཱཏྭཱ

42 to 47 National Bank of India

31

Libbey-Owens-Ford Glass

B.-A. Tob (bearer)

90/7

Lockheed Aircraft

145

Dunlop Rubber

32/101

Loew's Inc.

New York..................

5-1/2

Chinese 5% Crisp Loan-

Bristal Aeroplane

10/6

Japan

22-3/8

1912

26

Imperial Chemical Ind.

29/-

India

18-3/4

Chinese 5% Reorg. Lóan.

United Steet

21/9

Paria

nominal

1913 (Ldn. Is.)

34

Woolworths

51/10/

Hongkong

22-3/8

Chinese 8% Bter. Notes.

1925 (Vickers)

Marsman. Investments

8/3

10

Western Holdings

9/3

!

Sterling

Chin. Imperial Rly. 5%

BUD-Nigel

145

Spot

Feb.

Sellers

Opening Closing 0/3-15/32 0/3-1/2 0/3-15/32 0/3-1/2

Khell

Loan fonan Rly, 5%

47

Trans & Trad.

18

Mar.

0/3-29/84 0/3-31/84

Hukuang Rig 5%, 1911....

LP. N/Y Issue)

(bearer).

-bid:

41//3

Tex, dy

Hukuang Rly. 5%. 1911

U.S. Dollars

Spot

.36-21/32.

$5-3/4

Feb.

Mar,

5-21/32 5-$18

5-3/4 5-23/32

German Issue).... Lung Taing & U: Hai

Rly: 5% 1918

13

14

6'hal-N'King Rly. 5% Tientsin-Pukow RIF. 5%

(Brit. Stpd.) Tientsin-Pukow Bly. 5%

(German' Stpd.).

16

**

15.

55

15

Operating Services for Cargo and Passengers".

TO-

Market-Quiet.

Silver Daly Rate

The Central Bank of China's rate on London at..10 am, today was 1/2-1/24.

The Equalisation rate was 23-1;4 per cent.

Calcuts Exchange

Calcutta, Feb. 17 (Reuter). T.T. on Japan, 81-1/4.

India Rupee Paper

Bombay. Feb. 17 (Reuter), Govt. 31% Rupee, 95-02-0. LONDON METALS.

EXCHANGE

Londen, Feb. 17 (Reuter).

Tientsin-Pukow Bly, 5%

(Brit. Stpd. Supl, Loan)" 15 Tientsin-Pukow Rly. 5% (Ger. Stpd.. Bupl. Loạn)

Jap. 6% Ster. Loan, 1924 201-24 Ger. 7% Intl. Loan, 1924 Chartered Bank ....

HF & Shai Bank (Ldn

Reg)

8.

ཨྰཿཊཿseR ཻ

INDO-CHINA

HONGKONG SAVINGS

The Business of the above Bank is conducted by the HONGKONG SHANGHAI BANKING COR- PORATION. Rules may be obtain

don application.

For the lowGRUND & SHANGHAI BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong 25th Feb., 1930.

15, QUEEN'S ROAD, CENTRAL

HEAD OFFICE:

18, PINE STREET.

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

SAFE DEPOSIT BOXES

This Bank is entirely owned by THE CHABE NATIONAL BANE, New York, with Resources of over U.S.83,800,000,000.

D. L. BALLANTYNE,

Manager,

BANK OF EAST ASIA, LIMITED

5,598,600.00

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

Profits

2,983,261.50

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

Board of Director.

HON. SIR SHOPSON CHow, Chairman Li Koon Chun, Esq. Li Lan Sang, Esq,

. K. Kwok, Esq. Wong Cha Son, £q. Wong Tun Tong, Esq. Fung Ping Wah Esq. Chan Chang Sbck, Esq.

KAN TONG PO, EEQ, Chief Manager HON. MR. Li Tsa Foxo, Manager

Branches and agencies:

• Loudon Manita

Melbourn

Nagumka

Penang

Bingapore Hangoon Bourabaya Batron

SWAŁOW

San Fran- 8ydney-

aleco sti

Semarang Shangha

Van Outer

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

Current Accounts opened in Loomi Currency and Fixed Deposits re- ceived for one year or shorter' periods in Local and Foreign Cur terms which will be BANK,rencies on

quoted on application.

SATE LIPOSIT Box To Le

KAN TONG PO,

Ohief Manager,

THE MERCANTILE

OF INDIA, LIMITED

Hand Omco15, Gracechurch Street, London, EC3

Authorised Capits!

Subscribed Capital Paltop Ongilai

w

g

BANKERS:

£1,900,000

21,030,000 .. 21,254,030

The Bank of England and Midland

Bank, Ltd. BRANCHES:

Blogkok

Bombay Սումգտնել Colombo Delhi Galle

Hongkong

Howrah

Jatan

Ext

Karohi

Kota Bharu

Kuala Lip!

Knzia Trengg Madras New York

Pering

Kak Lumper. Blagspore

HONG KONG BRANCH:

STEAM NAVIGATION COMPANY LTD y desplies of Basking, and Exchrege

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN

KOBE and 'OSAKA

SINGAPORE, PENANG and CALCUTTA

SANDAKAN

HAIPHONG,

All steamers berth alongside

the French Concession at

Shanghai, where passengers,

and cargo are landed.

For further particulars

*****

70

HK & Bhai Bank (Cal.

Peg)

the Roosevelt Terminal in

77

Chinese Erfg. & Mining

(bearer)

+18/~

Chonen Corporation ...... Mercantile Bank of In-

dia, 25, "

4/-

Pekin Syndicate

11-1/8 1/6 15/-

·13-1/2 20

Gula Kalumpong Rubber 15/73 Lon., Mid, & Scot, Rly. 144

Tin, Standard, Cash, Middle s'hal Eled. Constr. Co.

Price, £266-1/4.

•

S'hai Waterworks "A" .... Tin, Standard, Cash, Middle Onton Insurance Price, 2284-3/8.

Market strong.

please apply-to-

JARDINE MATHESON& Co TELEPHONE ZOJILIGENERAL MANAGERS

businem transacted.

BANK OF CHINA

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

BANK

PAID-UP CAPITAL. $40,000,000.LAF (BRANCHES ALL OVER CHINA) Owing to our numerous Branenes in China and connections in the principal Commercial Centres of the World, we are able to extend to our Clients special facilities for D. BENSON LEE

Domestic and Foreign Banking and Exchange.

TRUSTEE AND EXECUTORSHIP.

*UNDERTAKEN QUEREST ACCOUNTS opened in Local D. reboy and FIXED DEPOSITS received is Lol Currency SELLING of terms that may o savestained op war Bastion,

What do

|. .

you want?

If there is anything you want to buy or Bell, try a small Classified advertise- ment in the, Hong- kong Dally Press.

25 words $1.50 prepaid for 3 insertions.

Head Office:-SHANGHAL Hong Kong Branch!

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

CANTON

SWATOW

SHIUCHOW -'

KONGMOON. TUISHAN

KINGCHOW.

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

SHOU J. CHEN

Manager,

26

Stand Gas & Elec.

Standard Oll of California

18)

19#

161

Standard 0 of NJ.

34

BANK

Btone & Webster

66

141

Studebaker Com

Swift International

18

87..

Technicolor

**

30

Texas Corpn.

35

28

31

Texes. Gulf Sulphur

351

544

Timken-Axle

283

Trans-America Co.

62

28*

20th Cent. Fox

6

122

Union Bag & Paper Corp

101

50

Union Carbide & Carbon

611

314

Union. Pacific

761

THE CHASE BANK

418

United Aircraft

36

........

123

United Airlines Trans

121

103*

United Corpn.

13

United Cornn, $3 cum pr.

12

United Gas Cerpri, ..........

14 254 11/18

59*

United Gas Improvement

81

167

U.B., Industrual Alcohol.

22

131

US. Rubber

*18

23

US, Rubber $8 pfd.

82

21

U.S. Smelting

58*

U.8. Steel

573

Interest Rates on Application,

107

631

Vanadium

27

J

.......

464

Vulte Aircraft

***

234

Walworth Co.

41

Amoy

Batavia

Bambay

Catoptica

Halphong Hankow Homolelu

K

New York Seattle Parte Pet

Kowloon

114

Warner Bros. Pict.

21

21

Westinghouse Elec.

911

551

Woodward Iron Cor......

313

Chase National Bank

35+

National City Bank

"211

Libby. Monell & Libby

314

1

DOW JONES AVERAGE

1940/41 Bigh Low Dow Jones Averages 1680 111.84 30 Industrials

Rails 32.67 22.16 201 26.45 1803 20. Utilities

Bonda

09.19, 83.06 40 64.07 48.47 11

Feb. 18, 1941.

Feb. 15,

118,65 20.05 1.85 19.15 18.94 18.04 89.81

High Low Close

Change

119.78 118.70 118,18

.61 пр

- 28.90 26,74 28,70

,14 ap

Beserve Fuad and Rest.

.09 up

89.85

.04 up

Commodity Index 56.49

65.45

.01. off

Bukiness Done:-300,000 shares

:.

£3,000,000

Rangoon

. Shanghai

Skol