Frev. -Today's
LUMAJA 811
High
Low 10.39 10,32 -21,05
20.75 701
611 602
19.78 12.61 Close Opening
Close Close Change 10.29 10.37 21.15 20.78b 37 off 791 811 SH Tp 613 61 12,65 12.61
off
STOCKS
104 off
Closing
Change
Adams Express
10.29/29
10.32/32
10.37/ST
.08 up
Alleghany Steel Co.
10.28/29
10.29/29
10.34/34
106 up
Allis Chalmers.
10.15/15
10.15/15
10.21/22
06. up
Aluminium Ltd.
9.68/68
9.68/68
9.72 N
04 up
Amer. Can
9.66/68
i
9.65b;67a
9.70/70
.04 up
American Cyanamid B.
9.84 N 10.80
9.63b/65a
9.88 N 10,93
.04 up
Amer. & Foreign Power
.13. up
Amer & Foreign $7 pf....
::
Amer. Locomotive ....
Amer. Metais Co.
Amer. Radiator
Amer. Rolling MII
Amer. Sting and Ring Co. 391
Amer, Sugar Refining
March
May
21.15/15 21.03/04
21.00b/15a
20.78b/Bla
.37 off
"Amer. Tel, & Tel
On Saigon
July (New contract) ... 20.40/40 September (.)
20.27/27
unquoted 20.20/25
20.95b/990 20.73/73 20,10/10 19.93b/95a
.30 off
Amer, Tobacco “B”
,30. off
Amer. Waterworks
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING" QUOTATIONS FEBRUARY 24,-1941
On London:-
Telegraphic Transfer. 1/2 7/8 Bank Bills, on demand 1/3 7/9 Credits. 4 months' sight..
On Shanghai:-
On demand
On Singapore:----
On demand
On Japan:-
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE)
NEW YORK, Feb. 20, 1941.
New York Cotton, March New York Rubber, March Chicago Wheat, May Chicago Corn, May...... New York Hides, March NEW YORK COTTON
420
March
May
52 3/4
July
October
On demand
108 1/2
December
On India:--
Telegraphic
Transter.
January
and demand...
83 1/2. Spot
On New York:-
קב 08.
Bank Bills, on demand 24 Crediis, 60 days' sight 24 3/4
On Batavia:—
On demand. $5
On Parks:-
Bank Bills, on demand Nom. Credit 4 months' sight Nom.
Total sales Wednesday-45,200 bales,
The first notice day for March Cotton is 25/2/41-and last day is 14/3/41
NEW YORK - RUBBER
NEW YORK STOCK EXCHANGE
QUOTATION (REUTER'S SERVICE)
FEBRUARY 21, 1911.
TUESDAY, FEBRUARY 25, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
INDIA, AUSTRALIA AND CHINA
Authorised Capital. $50,000,000
Issued & Fully Paid-Up $20,000,000 Incorporated by Royal Charter, 1850
Reserve Funds:
Paid-Up Capital ....£8,500,000 Reserve. Fund......
38, Bishopsgate E.C.1.- .Sub-Agencles In London: 117/193, Lendenhall Street, E.C.a. West End Branch: 14718, Cockspur Street, S.W
Manchester Branch: 52, Mosley Street, Manchester,
AGENCIES AND BRANCHES
HONG KONG PINANG
ALOR STAR
Sterling
£3,000,000
Last Sale
STOCKS
Last Sale
Feb. 20.
$20,000,000
Feb. 20.
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro- Reserve Liability of
prietors.....
..£3,000,000 Proprietors
HEAD OFFICE: LONDON:
.£3,000,000
53
Loew's Inc.
32.
Head Office:-HONG KONG
201
Loft Incorperated
15+
29
Mack Truck Dic.
26
711*
Martin, Glen 'L
24
Board of Directors: Hon. Mr. J. J, Paterson,
84
McKesson & Robbins, pid.
241
321
Montgomery Ward.
354
W. H. Lock, Esq.,..
13/18
151+
Mtain City Copper Co.,
2)*
Chairman.
Deputy Chairman,
National Aviation
3t
13
J. K. Boushold, "Esq.,
Nat Dairy Products
131
161
A. H. Compton, Esq.,
National Distillers
211
L. J. Davies, Esq.,
01
National Lead
16
121
Bon. Mr. B. H. Dodwell,
Nat, Fower & Light
National Supply Corp.
143
New York Cential
1571
Niagara Hudson. Power
694
N. American Aviation .....
52
,34 off
North American Co.
Anaconda Copper
231
On dema i
104
Northern Pacific
On Manila:-
Total sales:-870 tons..
CHICAGO WHEAT
Atchison, T. & §. Fr.
227
. Miskia, Esq.,
K. 8. Morrison, Esq.,
Hoa. Mr. T. E. Pearce,
Hon. Mr. A. L. Shields, Sir.Vandeleur M. Grayburn,
Chief Manager.
WOMBAY
QAV STREIT KUALA PAZIA PLACE
CANTON
CAWNYORI
AMRITSAR
BANGKOK
BATAVIA
ILOILO
RINGOON
IFOR..
BALCON
BERIMBLE
KARACHI
SEANGHA
KLANG
CALOUTTA
SINGAPOR
AGENCITA: XORE
SITIAWAN
Owens-Klinois Glass Co.
401-
Branches:
MADRAS
Aviation Corp.
31
On demand
On Bangkok:-
On demand
48
May
798/792
797/80
149 1/8
July
......... 75/75
751/75
811/81 75/751
Baldwin Lecometive
141
Pacific Gas & Elec
261
Amoy
Johore
up
Packard Motors
27
Bangkok
Kobe
Baltimore & Ohio
31
up
On Sterling Notes:-
September
751/75)
76,"78
קט !
Barber Asphalt Co.
8*
Fan-American Airways....
***12}
Batavia
Kowloon
Rangoon Saikon San
CEBO COLOMBO
MANILA
DELBI
MEDAN
SOURARITA
LUMPUR
TAIPING
KUCHING.
TIENTSLE
TONGKAR
(Bhuket)
TSINGTAG
Paramount Pictures
102
Bombay
Kuala
Barnsdall OU
迂
Bank Buying" Rate
Now.
Wednesday's sales:-9,853,000 bushels.
Bendix Aviation
341
| Pennsylvania B.R
224
Calcutta
Lumpur
Shanghai
Francisco HAMBURG
HANKOW
•
Canton
London
Bar Silver per oz
23 3/8
Phillips Petroleum
361
Singapore
CHICAGO CORN.
Bethlehem Steel
77
Chefco
Lyons
Sourabaya
Market Report
FROM ROZA BROS.
May
611/613 611/611
611,811
off
Bliss & Co.
157.
Public Service of NJ,
Colombo
Malacca
Sungei
July
601/601
601/601
504/601
i of
Boeing Airplane Co.
141
Pullman InG..........
231
Dairen
Manila
Patani
September
60,60
5917591
off
Borg-Warner
181
Pure Oil
Foochow
Muar
Swatow
Feb. 24, 1941. Silver prices were unchanged over the week-end, the quotations remaining at 23.3/8 for and 23.5/16 for Forward.
NEW YORK HUES
Briggs Mig.
214
Badlo Corpm. of Am,
4
Budd M'facturing Corp.
32
Reading Company, Com- 12
Asakow
March
12,65/65
12.70/71
.12.61/65
.04 Off
Canadian Pacific R'way
31
Remington Arms Co., Inc.
42*
Harbin
June
12,72/74
12,80/82
12.78/81
.06 up
Case, L....*.
471
Republic Aviation Corp. ...
3#
Ready
Ameri
can Silver was unquoted.
The London-New
Total sales for the day:-231 contracts. NEW YORK COCOA
Republic Steel
181
floilo Ipoh
Celanese
23
Chempeake & Ohio
40
Revere Corp.
Chrysler Corpn.
66..
Reynold Tobac. "B"
rate
quoted was
York C206S. at 402.1/2 New York-London was quoted at
March
5.68/66 May
5.73. N NEW YORK SUGAR NO. 3:
5.70/70 5.78/78-
5.78 N 5.84/85
.12 up
Safeway Stores
Columbla Gas & Elec.
4
,11 up
Commercial Credit Co.
29품
Schenley Distillers
Com, & Southern (Ord.)
11/10
Sears Roebuck
403.1/4
March
2,080/092
MARKET
May
2,13b/14a
2.09b/1la 2.15b/18a
01. up
Consolidated Edison
202
Shell Union Oll
.02 up
Consolidated Oll
5
Bocony-Vacunum Ol
B+
Dull.
STERLING
May
SHANGHAI MARKET
July
NY. Official Silver
London
New York
Japan Andia
Sellers
Paris Hongkong
Sterling-
Opening
Closing
Spot
Feb.
Mar.
0/3-15/32 0/3-27/64 0/3-15/32 0/3-27/04 0/3-29/84 0/3-13/32
War Loan, 31% (Red,
U.S. Dollars
Spot
$5-21/32
$5-9/16
after 1952).... Defence Loan, 3%
Feb.
5-21/32
5-9/16
MBT........
5-9/18
Janton-Kloon. Rly. 5% Chinese 41% Gold Lan
1898 (Brit. Issues Chinesa 5% Gold Bonds.
1925/41
13
+
44
442 to 47
40-
Chinese 5% Crimp Loan
1912
28
Chinese 5% Reorg. Loan
1913 Lda. IS.)..... Chinese 8% Ster. Notes,
34
1925 (Vickers)
10
Opening
0/3-3/8
LONDON STOCK EXCHANGE
5-1/2
23-3/8
#REUTER'S SERVICE)
18-3/4
nominaj 22-3/8.
Volume of business done:--576 lots. NEW YORK SUGAR NO. 4:
There were sellers at 1/3 Feb.March **g*..........88b/694a .68b/.708 April, buyers at 1/31/32 for Cash U. 'S. DOLLARS
Sellers at 24.7/16, buyers ab 24. 9/16 for Cash,
SHANGHAI DOLLARS
432.1/2 sellers for Spot.
Volume of business done:-232 lots. The Last notice day for March is 28/2 NEW YORK COPPER FUTURES
March
Sterling at 3.15/32 and U.S. Dol-NY-London Cross Rate 4,02-3/4. lars at 5.21/32 both sellers for Spot.
Shanghai Exchange
Shanghal, Feb, 24 (Reuter).
Official T.T. Rates
NOTE: All American markets will remain closed on Saturday, Feb. 22 (Washington's Birthday).
Continental Car
37
Southern Pacific
31
various sizes to let."
Continental Ou
177
Southern Rly. 45 pfd.
214
TRUSTEE and
Copperweld Steel
148
Spicer, Manufacturing Co
328.
business undertaken.
72b/72a71b/.75a
.69b/.70 a 72b/.13a
.01 up unch..
Curtiss Wright (C.).
71
Standard Brands
@
Haiphong (Jchore) Tientsin
Mukden Tokyo New York Tsingtao Peiping Yokohama Penang
NEW TOEI PAZPINO
(Peking)
FORDGN EXCHANGI and General Banking Business transacted.
CURBENT ACT opened and FIXED DEPOSITs received for One Year or shorter periods in Local 01 Other Currencies at rates which will be quoted on application.
SAVINGE ACCOUNTS also opened in Local Currency and Sterling with interest sllowed at rates obtainable on application.
CURRENT ACCOUNTS opened in Local Currency and FIXED DE-
The Bank's Head Office in London 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 ascerta'ned at
any of the Agencies and Branches.
R. A. CAMIDGE,
Manager.
EXECUTOR
BATPHONO
YOKOHAMA
Curtiss Wright "A"
Deere & Co. ....
Distillers Corpn. Seagrama 164
Douglas Aircraft
34-3/4
11.55b/60a, 11.52b/65a 11.65b/74a 11.448/50a 11.40b/50c 11.55b/60a
34-3/4 4.02-3/4
Di Pont de Nemours
.10 up .11 up
Eagle Picher Lead-
Eaton Mfg. Co. .....
Elec, Autolite
Elec. Bond & Share
Elec. Bond & Share $5 pt. 524*
Elec Bond & Share $6 pt.: 604
Elec. Power & Light 7 pf. 284* Filatkote.....
Gen, American Trana.
Gen. Electric
Gen. Motors
Ged. Railway Signal
Gen. Tire & Rubber
Glidden Co.
Goodrich (B.F.)
Goodyear Tire & Co.....
Great Northern Iron Ore
Great Northern Ely, pid,
Great Western Sugar
tles..
Greyhound Corpn.
Hercules Powder.Co
Homestake Mining
5-5/8
Market:-Uncertain,
The
Silver Duty Rate Central Bank of China's rate on London at 10 am, today was 1/2-1/24.
The Equalisation rate was .24 per cent
H.K. STOCK EXCHANGE
The Races were remmed today and as a result the market is very quiet.
BUYERS
Canton las.. $215.
Union Ins., $411.
Lands 4% Debentures, $97.50.
Lights (0), $6.10.
SELLERS
Hotels, $3.60 ..
Humphreys, $7.03.
→ SALES
London. Feb 21
NEW INDIANTM BANK
The Singanore Branch of the Indian
Overseas Bank, Ltd., was
"The following quotations are the opened recently by Mr. C. S. Ven-Goodrich $5 pt. middle prices at the close of the katachar, retiring Agent of the market in London. All quotations Government of India in Malaya.
are subject to confirmation and us The function was attended by a responibility is assumed for errors large gathering of all in transmission.
Chin. 41% Anglo-French
Loan, 1908
Chin. Imperial Rly. 5%
Loan
Henan Rly. 5%
ukung Rig: 5%, 1911...
(LI, N/Y Issue)
aukuang Rly, 5%, 1911
.German Issue) Lung Tsing &; # Hai
Rly, 5% 1913 Bhai-N'King Rly. 6% Tientsin-Pukow Rly. 5%
(Brit. Stpd.) ................ Tientsin-Pukow Rly. 5%
(German Stpd)
HK. Govt. $1% Loan (1934), 98 rentar-Pukow. Rly. 5%
Lights (0), $8.25.
·Electrics (0), $41.78
Telephones (N), $9.90.
· HONGKONG.
SHAREBROKERS
ASSOCIATION
'Brit. Stpd. Supl. Loan) Tientsin-Pukow Aly. 5%
103-9/18
101 ·
ངཚུ་མ་ས་འམག ཚ ཁ ཆ ཆར ཆ ཚ ཆབ
(Ger. Stpd. Supl. Loan). 15
Jep. 6% Ster. Loan, 1924 21-24
Ger, 1% Intl Loan, 1924 51 Chartered Bank...........
HK. & Bhal Bank (Ldn.
Reg.)
H.K. & Bhai Bank (Col.
73
communi-
The Indian Agent, in declaring the building open, said that the bank would be of immense value to the indian community, and filled a much felt want.
Mr. 8. Narasimhan, Agent of the new bank, thanked the Indian Agent and all those who had at- tended the function. He reminded them that the bank had heen opened at their invitation.
NECESSITY STRESSED "The Indian Chamber of Com- merce and other important allied institutions have time and again expressed, in their annual reports, the necessity for an Indian Bank
at Singapore.
Int Nickel.
Inter. Paper & Power Int. Tel. & Tel Johnman
Kentecott Copper Libbey-Owens-Ferd Lockheed Aircraft
DOW JONES AVERAGE.
Feb. 21, 1941.
High Low Close 120.63 118,84 119,99 27.14 26.79 27.09 18.95 19.76.18.86
1940/41
Eigh Low Dow Jones Averages, 189.8) 111.84 20 Industrials
32.07 22.15 20 Rails
Utilities 26.4 18.03 20 92.19 83.06 40 Bonds
Feb. 18. 117.04
Change 2.05 up
28.06.
.53.up
18.81
64.07 48.47 11 Commodity Index
89,56 $0.40
89.8% 66.76
.05 up .28 up .36 up
Business Done: 450,000 shares
Bank,
"The Indian Overseas Ltd.," he continued, has a rare character of its own. It has deve- loped a unique personality which
is typical of the Indian tradition
and Indian banking methods.
"It is a rare combination of the
HONGKONG SAVINGS
BANK
The Busines of the above Bank is conducted by the HONGKONG BHANGHAI BANKING COR- PORATION. Rules may be obtain
d on application.
For the HONGKONG & SHANGHAI RANKING CORPORATION.
V. M. GRAYBURN, - Chief Manager, Hong Kong, 28th Feb., 1939,
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PINE STEKUT.
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 CHASI NATIONAL BASE, NEW YORK, with Resources of
over U.S.$3,800,000,000.
D. L. BALLANTYNE,
Manager,
Ajob?
WANT ADS
INDO-CHINA
efficiency of the modéru banking STEAM NAVIGATION COMPANY LTDI
system with the economy of the Indian indigenous banking" sys-
tem
Fe said that there were, branches throughout India, Burma and Malaya
Operating. Services for Cargo and Passengers
TO-
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
SINGAPORE PENANG and CALCUTTA
BANDAKAN
HAIPHONG
All steamers berth alongside
|Lon., Mid, & Scot, Rly. 13} Great Western Rly, ... 35毫 National Bank of India 32}
Peg)
8.-A. Tob (bearer)...... Dunlop Rubber
90/7
32/9
100
100
#500-
Chiness Eng. & ̈ Mining
(bearer) Chosen Corporation 200 $41.75 Mercantile Bank of 100 41.75
dia £5, "G" 7.10 Pekin Byndicate... 23.65 B'bai Elec. Consti. Co.
Bristol Aeroplane
10/6
18/-
Imperial Chemical Ind. 30
the Boosevelt- Terminal, in the French Concession at Shanghai, where passengers. and cargo are lazifed.
41-
United Steel.....
20/0.
In-
Woolworths
52
Bhat Waterworks "A"
11-1/8. 1/6 15/- 13-1/2 20
Maraman Investments
6/3
Western Holdings
9/9
147/6
Shell
(bearer) *-bid
Volume of Business Transacted“ on Monday, Feb. 24, 1941, SALES H.K. Electrics (0) ́
Tntertainments Yaumat! Ferries
The total value is $15,500.00.
Union Insurance ... Gula Kalumpang Rubber 15/7}
aub-Nigel
Traps,
For further particulars
"please apply to
ARDINE MATHESON&Co.,LTD.
TELEPHONE SOJIL GENERAL MANAGERS
BANK OF EAST ASIA, LIMITED
Authorised Capital...$10,000,000. DO Paid-Up Capital Reserve Bad Undivided
Profits
5,598,600.00
2,283,251.50
Head Office:-HONG KONG No. 10. Des Voeux Road, Central
Board of Director. HON. SIZ SHOUBON CROW, Chairman Li Koon Chas, Engi Li Lan Sang, Bag, P. K. Kwok, Esq, Wong Chu Son, Esq. Wong Tan Tong, Esq. Fang Ping Wah Esq. Chan Ching Shos, Esq.
KAN TONG PO, Esq., Chief Manager HON. ME. LI Taz Foxa, Manager
Branches and Agencies:
Р Howloon
Landon
Aingapore Sourabaya
Bwstow
Malbouzan, Ban Fran Sydney Sigurka
since "Fietsta
New York Beattie Tancouver Bemarang
Polping Shangha
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposita re- ceived for one
year or periods in Local and Foreign Cur rencies "on terms which will be quoted on application.
shorter
SAFE LEPOSIT BOXES TO LET.
KAN TONG PO,.
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL $40,000,000.0
(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 Clients special facilities for Domestic and Foreign Banking and Exchange,
Head Office:-SHANGHAI |
Hong Kong Branch sea
4, QUEEN'S BOAD, C. South China Offices.
CANTON
SWATOW
SHIUCHOW
KONGMOON TOISHAN KINGCHOW - We also handle the imus of Bondu and other Publis Funds of the Chinese Government both at Home and Abroad.
SHOUT CHEN,
Manager.
26
Stand Gas & Elec.
7*
19
Standard Off of California
Standard Of of NJ.
334
651
Stone & Webster
143*
Studebaker · Com....
84
Swift International
17
301
Technicolor
281
Texas Corpn.
35
3
Texes Gulf Sulphur
353
Timken-Axle ........
287
..
Trans-America Co.
4
20th Cent. Foz.
13
Union Bag & Paper, Corp.
102
51+
Union Carbide & Carbon
337
Union Pacific
THE CHASE BANK
411
United Aircraft
13.
United Airlines Trans
11
United Corpn
13+
United Corp. $3 cum pf.
13
,,
United Gas Corpn.
59**
United Gas Improvement
172*
US.. Industrual Alcohol.
214
134
US. Rubber
191
24,
US. Rubber $8 pid.
83
21
US Smelting
59
11
U.S. Steel
57#
68
Vanadium
27
47
Vultee Aircraft
61*
24+*
Walworth Co.
Amor Bataria
Manila
Calautta
Haiphong
Hankow
Honolulu
Baigen
ماشا
12
Warner Bros. Pict
24
Westinghouse Elec,
57+
Woodward Iron Cor.
324
Glass 35
Chase National Bank ... 291 National City Bank
221
Libby, Monel & Libby
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