(REUTER'S SERVICE)
NEW YORK, Feb. 27, 1941,
Prev. Today's High Low Close Close Change 10.44 10,39 10.40 10.39 .01 of 20.64 20.55 20,53 20,65N 12 up 831 821 833 83 8 oft 644- 60 601 604 13.15 13.10 13.08 13.15
4 of .07 up
STOCKS
425
March
Close :10.40/43
Opening
Closing
Change
Adams Express
10,44/44
10.39/39
01 of
Alleghany Steel Cot
Allis Chalmers
May
10.40/40
10.43/43
10.35/36
.05 off
+
52
3/1
July
10.31/31
10.32/32
10.25/26
.06 off.
Aluminium Ltd,
October
9.91/91
9.92/92
9.86 N
.05 off
Amer. Can
.... 3 1/2
December
9.90/90
9.91/91
9.85/65
05 off
American Cyanamid B.
January
Transfer.
and demand
82 1/2 spot
9.87 N "10.91
9.86b/91a
9.82 N
.05 of
10.90
.01 off
On New York:--
Amer. Foreign Power Amer Ainer, Locomotive sier. Metals Co.
& Foreign ST pl
Bank Bills, on demand 24"
Amer. Radiator.
A
amer, Rolling M
PAGE 10—HONGKONG - DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS FEBRUARY 28, 1941.
On London
Telegraphic Transfer. 1/2 7/8 Bank Bills, on demand 1/2 7/8. Credits 4 months' sight
On Shanghai:-
On demand
On Singapore:-
On demand
On Japan:-
On demand
On India:-
Telegraphic
NEW YORK COMMODITY MARKET
New York Cotton. March New York Rubber, March Chicago Wheat. May Chicago Corti, May New York Hides, March NEW YORK COTTON
Total sales Wednesday:-75,300 bales,
The last notice day for March Cotton is 14/3/41
NEW YORK RUBBER Crediis. 60 days' sight 24 3/4
NEW YORK STOCK EXCHANGÉ
QUOTATION
(REUTER'S SERVICE)
SATURDAY, MARCH 1, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
"Authorised Capital $50,000,000
INDIA, AUSTRALJA
AND CHINA
Issued & Fully Paid-Up #20,000,000| Incorporated by Royal Charter, 1860
Reserva Funda: .
Sterling
£3,000,000 ..£3,000,000
$ 8,500,000 Paid-Up Capital B.K. Currency Reservs $10,000,000 Reserve Fund..... | Reserve Liability of
Reserve Liability of Pro- Proprietors
prietors
£3,000,000 HEAD OFFICE: LONDON:
38, Bishopsgate E.C.. Sub-Agencies In London: 117/12, Leadenhall Street, B.C.a West End Branch: 14/16, Cockapur Street, S.WI # Manchester Branch:
62, Mosley Street, Manchester, 1.
AGENCIES AND BRANCHES
HONG KONG PINANG
LLOR STAR
It
FEBRUARY 28, 1941,
Last Sale
STOCKS
Last Sale
.$20,000,000
Feb. 27
Feb. 27
51
Loew's Inc.'
Head Office:-HONG KONG
314
201
291"
Loft Incorperated adi
171
Mack Truck Inc.
271
72
Martin, Glen L
251
881
McKesson & Robbins, pfd. 254*
341
Montgomery Ward
368
F
M'tain City Copper Co.
3
Board of Directors: Hon. Mr. J. J. Paterson,
Chairman W. H. Lock, Esq.,
Deputy Chairman
153
J. K. Bousfield, Esq.,
National Aviation .....
21*
13
A. H. Compton, Esq.,
Nat. Dairy Products
13+
173
I. J. Davies, Esq.,
National Distillers
21
6)
Hon. Mr. S. II. Dodwell,
AMRITSAR
National Lead
16t
131
1. Miskin, Esq.,
ILOILO
RANGOON.
BANGKOK
Nat, Power & Light
6+
K. S. Morrison. Eaq..
Iron
BAIGON
On Batavia:
On demand
46
March May"
On Paris:-
Bank Bills, on demand Nom. "
{
20,53/53 20.45/45 JulyNew contract)... 20.00/60 September
} 19,75/75
20.55/55
20.65 N
.12 up
Amer. S'ting and R'ing Co.
404
BATAVIA
National Supply Corp.
51
Hon. Mr. T. E. Pearce,
KARAQE
BERIMBAR
20.52b/55a
20.63/63
BOMBAY
18 up
Amer, Sugar Refining
15
New York Cential
121
20.00b,202 19.80b/90a
20.15 N
is up
Amer. Tel & Tel ̈
160
Niagara Hudson Power
21
19.95b
up
Amer. Tobacco "B"
691
N. American Aviation
137
Credits 4 moriths' sight Now.
On Balgon:-
On demand
On Manila:--
Total sales:-880 tons. CHICAGO WHEAT
Amer. Waterworks
51
Hon. Mr. A. L Shields,. Sir Vaudeleur M. Graybars,
Chief Manager.
SHANGHA
DALOUTTA
KLANO
SINGAPOR
AGENCIES: KOBK
SITIAWIN
CLAVE ÜZERET KUALA
FAIRLIK PLAC
BOUBALAYA
North American Co.
141
LUMPUR
CANTON
ΤΑΙΡΙΚΟ
Anaconda Copper
24.
A
Northern Pacific
61
Branches:
KUCHING
CAWFFORI
TIENTSIN
104
Atchison, T. & S. Fe.
+221
May
031/833
831/83
83/834
#off
Owens-Blinois Glass Co.
KADBAR
433
Aviation Corp.
Amoy
Jabore
49
July
September
149 1/2
CHICAGO CORN
Now..
May
23 7/16
July
11
September
NEW YORK HIDES
March June
23.5/16 to Forward.
Silver ad- May
July
after 1953)
On demand
On Bangkok:~-
On demand
On Sterling Note:
Bank Buying Rate
Bar Silver per of
Market Report
•
FROM ROZA BROS.
Friday, Feb. 28.
Silver prices were unchanged
Total sales for the day:--89 contracts yesterday, the quotations remain- NEW YORK COCOA
ing at 23.7/16 for ady and March
vices reported the market as being NEW YORK SUGAR NO. 3 steady but quiet. American Silver was quoted at 34.34 for Spot.
The London/New York cross- rate was quoted at 402.1/2. New York/London was quoted at 403.-
3/4.
Steady.
MARKET
STERLING
There were sellers at 1/3 Feb- ruary/May, buyers at 1/3.1/32 for
any delivery,
U. S. DOLLARS
March May
NEW YORK SUGAR NO. 4° March May
Volume of business done:-331lots.
701b/.71a unquoted 7316.742 73b/.74a" Volume of business dóne:26 lots. The Last notice day for March is 28/2 NEW YORK COPPER FUTURES March
NY. Official Silver
"There were sellers at 24.9/18 for NY-London Cross Rate 4.03-1/2 Cash
and probably buyers
24.5/8- for Cash,
SHANGHAI DOLLARS
as
Opened with sellers at 435.1/2 LONDON STOCK
Bmall business was arranged at
various rates. The market closed with sellers at 436.1/2 for Spot.
SHANGHAT MARKET
EXCHANGE
(REUTER'S SERVICE)
Sterling opened with sellers at 327/64. The higest rate touched' was 3.7/10. Closed at Noon with sellers at 3.27/64 for, Spot. Dollars 5.19/32 and last advices indicated sellers at 5.5/8 for Spot,
London, Feb. 27. The following quotations are the middle prices at the close of the U. S market in London. All quotations opened with sellers
AFTERNOON MARKET
at
are subject to confirmation and no responsibility is assumed for errors
in transmission.
The market was dull in the War Loan, 34% TRed, afternoon,
SILVER MARKET
LONDON SILVER
London. Feb. 27 (Reuter).. Silver--Market steady. Business. very small. In the afternoon, the market was very quiet, with no business.
Spot 23-7/16d.
Forward, 23-5/16d.
BOMBAY SILVER
791/791
788/781
78/781
off
Pacific Gas & Elec
261
Baldwin Lecometive
151
Bangkok
Kobe
Rangoon Saigon
MBU COLOMBO
TONGKAN
MANILA
(Bhuket)
79/79
781/78)
1 off"
Packard Motors
21
Batavia
Kowicon
San
DELHI
MEDAN
THINGTAL
Baltimore & Ohto
Wednesday's sales:-8.646.000 bushels..
| Pan-American Airways
121
*Bombay
Kunis
Fraccisco
HAIPHONG
Barber Asphalt Co.
81
Paramount Pictures
107
Calcutin
Lumpur
Shanghai
Barnsdall Ol
B1
Pennsylvania RR.
221
Canton
- London
Singapore
603/601
601/60
60/60
1 of
Bendix Aviation
344
Phillips Petroleum
36
Chefoo
Lyons
Sourabaya
604/601.
60/601
591/60
601/601 602/501
3 off
Bethlehem Steel
79
Public Service of N.J.
261
Colomby
- Malacca
Sungel
off
Bliss & Co.
Boeing Airplane Co.
161
Dairen
Manila
Pullman Inc......
24
161
Foochon
Swator
Pure Ol
77
Borg-Warner ...........................
181
13.08/10 13.10b
13.00b/15a13.15/15"
Radio Corpn. of Am
41
Bankow
Mukden
07 up
Briggs Mig.
21;
..Tokyo.
13,03b/15 13.14/15
Reading Company,
Com
121*
Harbiu
04 off
Budd M'facturing Corp.
4
Remington Arms Co., Inc.
42*
Iloilo
Canadian Pacific R'way
31
Republic Aviation Corp.
37*
Ipoh
Peiping
Penang
Case, June
471*
Republic Steel
191
0.02 N 6.11 N
0.00b/06a 6,10b/12a
6,00/00 6.08 N
Celanese
231
.02 DÜ
Revere Corp.
81*
..03. off
Chesapeake & Ohio
414
Reynold Tobac. "B"
321
Chrysler Corpn......
667
Bafeway Stores
38-
Columbia Gas & Elec.......
4
Schenley Distillers
93
2,15b/16a 2,19b/200
2.166/170 01 up 2.200/21a 01 up
Commercial Credit Co.
291
Bears Roebuck
717
Com, & Southern (Ord.) ...
Shell Union Ou
114
Consolidated Edison
211"
Socony-Vacunum. Oll
81
Consolidated OIL.
5+
various sizes to let
Southern Pacific
81
70b71a .73)b/.748
Continental Can
371
TRUSTEE
and EKECUTOR
unch. unch
Bouthern Rly $5 ptd.
213
Continental Off
174
Spicer Manufacturing. Co. 32+
Copperweld Steel
·142+
Standard Brands
fa
Curtiss Wright (0)
B
Stand Gas & Elec.
#
Curtiss "Wright “A”
201
Standard Ol of California.
181
Deere & Co.
197
11.75b/79a 11.75/75 11.64b/68a 11.60b/68
1,80b 84a
Standard On of NJ.
348
,05 up
Distillers Corpn. Seagrams
17
Stone & Webster
67..
34-3/4
11.68b/70a .34-3/4
4.03-3/4
.04 up
Douglas Aircraft
721
Du Pont de Nemours
1444
Studebaker Com
63
Swift International
181
Eagle Picher Lead
Technicolor
9*
in conducted by the HONGKONG SHANGHAI BANKING COR-
Baton Mfg. Co.
31
Elec. Autolite
-301
Texas Corpn.
351
ed on application.
Texes Gulf Sulphur
351
Elec Bond & Share
31
Timken-Axle
32
Elec. Bond & Share $5 pt.
54+*
Elec Bond & Share 36 pf.
G1
Trans-America Co.
4*
Elec. Power & Light $7 p.
23
20th Cent. Fox
5+
Flintkote
139
Unton Bag & Paper Corp.
111
Gen. American Trans. ......
50+
Union Carbide & Carbon
651
Gen. Elect.de
321
Union Pacific
79
Jen Motors
431
United Aircraft
334
Gen. Railway Signal
13*
United Airlines Trans
131
Gen. Tire & Rubber
102*
United Corpn.
11
Glidden Co.
13+*
United Corpn. $3 cum pf. 251
Goodrich (B.F.)
13
United Gas Corpn.:
+
£
Bombay, Feb. 27 (Reuter). Market Steady. Offtake 200 bara,
Goodrich $5 pi.......
601
United Gas Improvement. 8
HEAD OFFICE:
18, PINE STREET.
NEW YORK,
Goodyear Tire & Ca
174
U.S. Industrual Alcohol.
227*
Great Northern Iron Ore ..
141
U.S." Rubber
201
business undertaken. |Hongkong, 26th February, 1941.
HONGKONG SAVINGS
BANK
The Business of the above. Baak
BANK OF EAST ASIA, LIMITED
PORATION. Rules may be obtain- Authorised Capital......$10,000,000. ON
For the HONGKONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager.}. Hong Kong. 25th Feb., 1839.
THE CHASE BANK
15, QUEEN'S ROAD, CENTRAL
Paid-Up Capital 5,598,000,00 Reserve and Undivided
2,983, 201.50
Head Office: BONG KONG No. 10 Des Voeux Road, Central
Board of Director. HON. SIE SHOUSON CHOW, Chairman Li Koon Chun, E94 Li Lan Sang, Esq.
P. K. Knok. Esq.
Wong Chu Son, Esq.
Wong Im Tong, Esq. Fung Ping Wah Esq. Chan Oling Shok, Bay,
KAN TONG FO, ESQ., Chief Manager
An American Bank offering.com- HON. MR. LI TSE FONO, Manager
plete Foreign Banking Service
Muar
Patani
Haiphong (Jobore) Tientsin
New York Tsingtao
Токсваля
(Peking
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened, and FIXED DEPOSIT received for On Year or shorter periods in Local or Other Currencies at rates which will be quoted on application,
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with CURRENT ACCOUNTS opened interest allowed at rates obtainable in Local Currency and FIXED DE-on application.. POSITS received for one year or The Bank's Head Office in London 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.
W. H. EVANS THOMAS,
Manager.
HAMBURG BANKOW
NEW YORK PRIPING
TOKOMINA
Profits
STERLING
Defence Loan, 3%
There were sellers at 1/3 March/June, buyers at 1/3.1/32
Sellers
for any delivery.
L. S. DOLLARS
at 24.9/16 tor
buyers at 3411/16 for Cash.
Cash.
Canton-K'loon Rly. 5% Chinese 41% Gold Loan
1898 (Brit. Issue Chinese 5% Gold Bonds,
1925/47
103-9/16 101-5/16 11
Indian Mint Silver
Great Northern Rly, ptd.
241
U.S. Rubber 33 pfd.
361
Oreat Western Sugar
22
US. Smelting
58*
in the principal Markets of the world.
Branches and Agencies:
Amor
Kowloos
London
Penne Angoon
Singapore
Ready.....
53-02
Mar. 24 Settlement April 22 Settlement
Greyhound Corpn.
11+
U.S. Steel
591
laterest Rates on Application. ' -
62-12-
Hercules Powder Co
G81*
Vanadium
271
62-12
Homestake Mining
454
Valtee Aircraft
61
SAFE DEPOSIT BOXES
42
Int. Nickel
241
Walworth Co.
<5
40-44.
LONDON GOLD
Chin. 41% Anglo-French
Loan, 1908
SHANGHAI DOLLARS Small business was arranged various rates and at the there were sellers at 436.1/4 Spot,
at
Chinese 5% Crisp Loan.
1912
close for
#
SHANGHAI MARKET Sterling at 3.27/64 and US. Dollars at 5.5/8, both sellers for Spot.
ichan Rty, 5%
Shanghai Exchange. Bukuang Rly. 5%. 1911
Shanghai, Feb. 28 (Reuter).
Official TT. Rates
Chinese 5% Rearg Loan,
1913 (Ldn. 18.)........ Chinese. 8% Ster. Notes.
1925 (Vickers)
གྲུཚ་ཚ
45
London, Feb. 27 (Reuter). Bär Gola, Fine per oz, 1887-
Inter. Paper & Power Int. Tel. & Tel Johnsman
14}
Warner Bros. Pict.
3
27
Westinghouse Elec.
951
571*
Woodward Iron Lor
281
24
Kerurcott Copper Libbey-Owens-Ford Lockheed Aircraft
331+
Chase National Bank
31*
This Bank is entirely owned by THE CHASE NATIONAL BANK, NEW YORK, with Resources of over U.S.$3,800,000,000.
Glass 351
National City Bank
26+*
D. L. BALLANTYNE,
241"
Libby, Monell & Libby.
5%
31
Bristol Aeroplane
10/18
perial Chemical Ind. 307-
8-10
DOW JONES AVERAGE
Chin. Imperial Rly. 5%
United Steel
21/-
Woolworths...
52/-
Loan
Hukuang Ely 5%, 1911...
(LP, N/Y Issue?
14
German Issue)
Lung Taing &
Hal
Opening
London
New York
Japan
India
Paris
Hongkong.
'Sterling
0/3-3/8
5-1/2
23-3/8
Spot Mar
Spot
Sellers
18-3/4
nomina) 22-3/8
Closing Opening 0/3-27/64 0,3-27/64 0/3-13/32 0.3-27/64
U.S. Dollars.....
$5-19,32
$5-5/8
Mar. 5-19/92: 5-19/32
Market:Quiet..
Silver Duty Bate
The Central Bank of China's rate on London at 10 a.m. today was 1/2-1/24..
The Equalisation rate was per cent
Calcutta Exchange
Rly. 5% 1913....
S'hai-N'King Rly. 5%
Tientsin-Pukow Rly, 5%
(Brit. Stpd.)
| Tientsin-Pukow Riy, 5%
(German Stpd.)
| Tientsin-Pakow Rly. 5%
(Brit. Stpd. Supl. Loan) 12
Tientsin-Pukow Rly. 5%
(Ger. Stpd. Bup). Loản)
Jap. 6% Ster, Loan, 1924
Ger, 7% Intl. Loan. 1924 Chartered Bank
HK, & Shal Bank Cdn.
Reg.)
HK & Shai Bank (Col.
Peg)
Chinese Eng. & Mining
Chosen Corporation
£ མ འལལ འཚ。t ཋ
Marsmaz investments
6/3
14
Western Holding.
9/9
Sub-Nigel
148/3.
Shell Tranz. * Trad
12
(bearer) --Eid
43/11
32.67 22.16/20 26.45 18.00 20
02.10 83.08 40 64.07
1940/41 Bigh Low Dow Jones Averages 182.80 111.84 30 Industriale
Rails Utilities
Feb. 26,
192.39
27.52
10.18
48.47 11
-ex“ div
12
14
and TIENTSIN · ·
SINGAPORE, "PENANG and CALCUTTA.
INDO-CHINA
STEAM NAVIGATION COMPANY LTD,
Operating Services for Oargo and Passengers
12
23-251
TO
8
73
78
(bearer)
17
41-
241
Mercantile Bank of In-
dia. £5, "G" Pekin Syndicate
Calcutta, Feb. 28 (Reuter).
T.T. on Japan, 81-1/4
India Rupee Paper
B'hal Mec. Constr. Co. ..... B'hai Waterworks "A" ... Union Insurance ........... Gula Kalumpong Rubber 15/0 Lon., Mid, & Scot., Alý. 121 Great Western Rly... 324 National Bank of India 321
11-1/8 1/6 12/4
.12 24
Govt 34% Rupes, 94-11-0.
Dunlop Rubber
32/71
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
KOBE and OSAKA
SANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal in the French Concession at Shanghai, where passengers and cargo are landed.
For further particulars
please apply to-
JARDINE MATHESON&Co.,LT
Bombay, Feb. 27 (Reuter). B.-A. Tob (bearer)88/91 TELEPHONE SOZII GENERAL MANAGERS
BANKERS:
The Bank of England and Midland
Bank, Ltd.
Hongkong Howrah
Kuala Trang T Kadr
New York
Pouang
Shanghai
Kuala Lumpur dicgapors
HONG KONG BRANCH:
Every description of Banking and Krabange business transacted.
TRUSTEE AND EXECUTORSHIP
UNDERTAKEN
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
PAIDUP CAPITAL 30,000,000. VÀ (BRANCHES ALL OVER CHINA) Owing to our numerous Branones in China and connections in the
CURRENT ACCOUETS opened in Lool Currincipal Commercial Centres of reacy, and FIXED DEPOSITE molved in Local Lhe World, we are able to extenu Camemcy & STEELING on terme that may be to our Clients special facilities for aaorstained du apg léation.
Domestic and Foreign Banking and Exchange..
D. BENSON, AN
What do
Manager
you want?
If there is anything you want to buy or sell,
try
Classided advertize 'ment in the Hong-
kong Dally Press,
25 words $1.50 prepaid
for 3 insertions..
Head Office:-SHANGHAI Hong Kong Branch:
4, QUEEN'S ROAD, C. South China Offices.
CANTON
SWATOW 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.
Bonds
90,17
Commodity Index 87.84
Feb. 28, 1941.
High Low Close 122.23 121.29 18157 27.34 27.13 27.28
.14 off 19.18 18.98 19.02
"...90.10. .07 off 57.43 .21 off Business Done: 310,000 shares
Change .52 oft 24 off
Manager.
THE MERCANTILE BANK
OF INDIA, LIMITED
Head Offices—-15, Gracechurch Street, London, EC3
Hastor Honelalu
Kelbourne Ben Sydney Nagaonka New York Beattle Parke
Shanghai
"
Every description of Banking and Exchange business transacted. Loans 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 terms which will be quoted on application.
SAJE LEPOSIT Box To Let
KAN TONG PU,
Chief Manager.
Boobay
MEMEM
Seurabaya Bestow
Calentra Balphons
o Tintain
Vancouver
Bemarang
Kote
Palping
Authorjand Capital
Subscribed Capital
Paid-up Ospital.......
Reserve Fund and Rest,
*£3,000,000
21,800,000
£1,060,000
£1,254,839
BRANCHDES:
Bangkok
Ipol
Bombay
Jađan
Oalentia
Kuantan
Colombo
Kandy
Delhi
Kachi
11 Rangoon
Galle
Kota Bharu
Enala Lipis
ין
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