High Low Close" Close, Change 10.43 10.38 10,40 10:41 di up 20.75 20.74 · 20.76
89
821
831
60%
601
80*
13.45
13.21
Close
Opening
Closing
10.43/43
10.42/448 10.43/43
On demand
59 3/4
May
On Japan:-
July
On demand
******** 109 1/3
October
On India:-
December
Telegraphic
Transfer.
January
and demand.....
81 1/2 Spot
10.40/40
10.41/40
10.41/41
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
MARCH 1, 1841. ·
On London:-
Telegraphic Transfer. 1/4 7/a Bank Bills, en demand 1/1 7/8 Credits 4 months' sight
On Bhanghai:-.
On demand... 425
On Singapore:--
NEW YORK COMMODITY MARKET (REUTER'S SERVICE)
NEW YORK, March 1, 1941.
New York Cotton, May New York Rubber, May Chicago Wheat, May Chicago Corn, May New York Hides, June NEW YORK COTTON
March
Prev. Today'N
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
MARCH 2, 1941.
Sterling
20.70b .06 off
831
† of
60%
off
STOCKS
Last Sale
STOCKS
Last Sale
Proprietors
$90,000,000
£8,500,000 Paid-Up Capital H.K. Currency Reserve $10,000,000 Reserve Fund Reserve Liability of
Reserve Lisbility of Pro-
prietors...
MONDAY, MARCH 3, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital. $30,000,000
INDIA, AUSTRALIA
AND CHINA
Issued & Fully Paid-Up $90,000,000| Incorporated by Royal Charter, 1850
Heserve Funda:
.....£3,000,00 £3,000,00
..£3,000,000
13.28 13.35
09. up
Mar. 1
Mar. 1
Change
Adams Express
53*
Loew's Inc.
32
Alleghany Steel Co.
201
unch.
Loft Incorperated ..........
177
Allis Chalmers
*
.01. up.
Mack Truck Inc.
27
Aluminiimmy Ltd,
731*
Board of Director: Hon. Mr; J. J. Paterson,
10.30/30
10.29/29
10:31/32
,01 up
Martin, Glen L.
251
amer. Can
85
9.92/92
9.95/94
9.95 N
.03 up
McKesson & Robbins, pid., 257
American Cyanamid B.
34
0.01/91
9.91./23/
9:94/94
.03 up
Montgomery Ward
381
W. H. Lock, Esq.,
Ameri & Foreign Power
13/16*
9.88 N
9.87b/908
9.93 N
05 up
M'tain City Copper Co.
3
Deputy Chairman.
Amer & Foreign $7 pt. ..
182
10.94
10.90
.06 OF
National Aviation .....
81*
J. K. Bousfeld, Esq.,
Amer, Locomotive
131
Nat Dairy Products
A. H. Compton, Esq.,
13
On New York:—
"Bank Bills, on demand 24 1/4
Credfis, 80 days' might 23
On Batavia:—
On demand .............. 45 1/2
On Paris:-
Bank Bills, on demand Nom. Credits 4 months' sight Nom.
Go Balgon:-
On demand
Total sales Friday:-41,700 bales.
The last notice day for March Cotton 14 14/8/41
Amer. Metals Co.
17:
L. J. Davies, Esq.,
National Distillers
21
Amer, Radiator
Hon. Mr. 9. H. Dodwell,
National Lead:,
36
Head Offer:-HONG KONG
"Chairman.
HEAD OFFICE: LONDON:
38, Bishopsgata E.0.2. Sub-Agencies In London: 117/122, Leadenhall Street, E.C.J West End Branch: 14/18, Cookpur Street, 8.W
Manchester Branch: 18; Mosley Street, Manchester,
AGENCIES AND”, BRANCHEN ALON STARTM AMRITEER
SONG SONG PHƯƠNG
Amer. Rolling Mill
137
G. Miskin; Esq,
NEW YORK RUBBER
Nat, Power & Light
**
Amer. Sting and Ring Co. 40}
K. 8. Morrison, Esq.,
May .....
20.76/76
20.70b/90% 20.708/75a
.06. off:
National Supply Corp.
51*
Amer. Sugar Refining"
15*
July (New contract)
20,28/28
September
{
}
20.08/03
December..
{
1
19.91 N
20.15b/402 20:20b/25 19.05b/20 20 20.00b/108
20.00 A
108 off
New York Central
121
- Amer; Tel; & Tel
160
Niagara." Hudson „Power"
.08 of
21
"Amer. Tobacco "B"
601
19.83 N
.08
off
N. American Aviation de
13+
Amer. Waterworks
6
Hon Mr A, L. Shieldi Sir Vandeleur M. Graybarn;
Chief Manager.
Hon. Mr. T. E. Pearce,
POKEAT
BATAVIA
nord ΤΡΟΠ KARACHI
LAGOON
BIGÖN
BHANGHAI
KLANG
[GAZODYTA
SINGAPORS
AGENCIES: Koam" -
SITIAWAN..
OGATE STARST KUALA
FAKLAR FLAW
SOURABAYA
North Americăin Co.
151
LUMPUR
Total sales:-140 tons
Anaconda Copper
244
Northern Partic
61
Branches:
Oa Manila:------
On demand
48 1/2
CHICAGO WHEAT May
Atchison, T. & 8; Fe.
23
Owens-Dilinoly Glass: Go: ...
43+
Aviation Corp.
31
834/837
837/831
July
792/791-
791/791
On Bangkok:-
On demand.............
148 1/2 September
791/791
831/837 79/791 791/791
7 off
|Pacific Gas & Elec
201
Amoy
Baldwin Lecometive: ...........
15
Bangkok
Kobe
Jabore Rangooni
Saigon
† up
Packard Motors
27.
Baltimore & Ohio
31
Batavial
Kowloon San
unch.
Pan-American Airways
Barber "Asphalt Co.
81
Bombay
Kuala
Francisco
Paramount Pictures
Caloutra
Lumpur Bhangbai
."
On Sterling Notes:-
Friday's sales:-15,053,000 bushels.
Surnadall Ol
81
Pennsylvania RIR,
231
Canton
London
Bank Buying Rata
Now.
Bendix Aviation
341
Singapore
CHICAGO CORN
Phillips Petroleum
36
Chefoo
Lyons
Bar Silver per on. ......
23 3/8
19
Bethlehem Steel
78+
May
........
July
September
601/502 60/601 602/603 603/001 001/001
601/801
i off
Public Service of NJ;
271*
Colombo
Malacca
Bliss & Co.
16*
601/601
1 off
Boeing Airplane Co.
601/601
unch.
Borg-Warner
NEW YORK HIDES
June September
Briggs Mix.
13.28/28 13.33/33 13.35/36 13.25b/35a 13.33/36
09 up:
Budd M'facturing. Corp.
Canadian Pacife R’was ...
Celanese...'..................
►
Chesapeake & Ohio -
6.12 N
4.11b/13a
8.18 N
.06. up:
Chrysler Corpn.
Columbia Gas & Bles,
May
2,25b/26a
2.29b/30a
2.246/25a 2.29b/30
01. off unch.
Commercial Credit Co.. Com, & Southern (Ord.) Consolidated Edison Consolidated Off
Continental Can
MARKET
76b/7a764b/.788
*.81/811
.761b/.77a unch." .08b/.8la
Continental Oil...
Copperweld Steel;
Ourtiss Wright (0) ..... 81
Curtles Wright "A" Deere & Co.
Distillers Corph. Besgrams
05 up
Douglas Aircraft"
Du Pont de Nemours
Eagle Ficher Lead
Eaton Mfg. Co.
Elec. Bond & Share
Elec. Bond & Share 15 pf. 64 Mec. Bond & Shiite 8′′pt. 61 Elec. Power & Light 7 pt. 304
Gen. American-Track:"..............50 Gen, Electric
Gen Motors
Gen. Railway Bimal "Gen. Tire & Rubber“
Glidden Co..... Goodrich (BF.).
New York
Japan
India
Paris
Hongkong
Sterling
Bellera
Opening Closing
5-1/2
23-3/8
18-3/4
Defence Loan, 3%
1034 101-5/18)
Domina
anton-Joan Fly, 5% 11
22-3/8
Chinese 44% Gold Lan
1898 (Brit. Issue Chinese 3% Gold Bonds.
1925/4T
42-
40-44
Spot
0/3-21/64 0/3-21/64
Chin, 41% Anglo-French
Mar,
0/3-27/04. 0/3–27/64
Loan, 1908
45
Apr.
0/9-13/32 0/3-13/32.
Chinese 5% Crisp Loan
U.S. Dollars
1912
24"
Spot
$5-5/8
$5-19/32
Chinese. 5% Reorg Loan,
Mar.
Apr.
5-19/32 5-9/16
5-19/32
-1913 (Ldn, I.),
31
5-9/16
Chinese, B% Ster. Notes.
1925 (Vickers)
Chin. Imperial Rly, 5%
Leand Hopan Rly, 5%.
"8~10
47-
14
Hukuang Rly 1%, 1911.
(LP. N/Y Issue)
14
German Issue )
12
12.
Goodyear Tire & Co.
Great Northern Iron Ore
Great Northern: Rly, ptd.
Great Western Sugar
Greyhound Corpo
Herules Fowder Co......
Homestake. Mining
Int Nickel
Market Report
PROM ROZA BROS.
March 1. The price for Ready Bliver drop ped-1/16. yesterday to 23.3/8, but the Forward rate was unchanged. at 23.5/16. Silver advices report
Total sales for the day:-32, contracts NEW YORK COCOA
ed the market as being steady but May
quiet, American Silver was quot- NEW YORK SUGAR NO. 3. ed at 343/4 for @pok.
The London-New York cross-July rate was quoted at 4021/2. New York-London was quoted at 403.-
3/4.
Quiet.
STERLING
There were sellers at 1/3 March- June, buyers at 1/3.1/32 for Cash
U. 8. DOLLARS
Some business was arranged at .24.9/16. The market closed with
sellers at 24.1/2 for Cash, possible. buyers at 24.9/16 for Cash.
SHANGHAI DOLLARSTM
436.3/4.
SHANGHAI MARKET Sterling at 3.27/64 and US, Dol lars at 5.5/8, both sellers for Spot.
Shangbai Exchange
Shanghai, Mar. 1 (Reuter).
Official TT. Bates
Opening
0/3-378
London.
Market: Quiet
Buver Duty Bato
The Central Bank of China's
rate, on London at 10 am, today
was 1/2-1/24,
Volume of business done:-181lots
NEW YORK SUGAR NO. 4 May July
Volume of business done:64 lota NEW YORK COPPER FUTURES July
11.88b/72a 11.63b/78a 11.73b/80a
NY, Official silver...... 34-3/4 NY-London Cross Rate 403-3/4
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Feb. 28. The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and no responsibility-is-assumed for errors in transmission.
War Loan, 3% (Red,
after. 19521
The Equalisation rate was 24 Hutang Rly, 5%. 1921
per cent.
Gajcon Exchang
Calentia, Mar, 1(Reuter), T.T. on Japan, 81-1/4,
LONDON METALS
EXCHANGE
London, Feb. 28. (Reuter). Tin. Standard, Cash, Middle Price. £288-17
Tin, Standard, 3 months, Middle Price, £265-7/8:
| Lang Tsing & U Hai
Ry. 5% 1913....
**
8'hal-N'King Rly. 5%...' 14
12
2272
| Tientsin-Fukow Rly, 5%
(Brit. Stpd.). Tientsin-Pukow Rly; 5%
German stod.) Tientsia-Pukow Rly, 5%
(Brit. Stpd. Supl: Loan) 12 Tientsin-Pukow Rly. 5%
(Ger. Stpd. Supl. Loan) 12 Jap, 6% Ster. Loan, 1924 231-26 Ger, 79 Intl. Loan," "1924 6 Chartered-Bank-
Markey firm. and attracted HK, & Shai Bank (Lda. broader support, fargely specula- Reg.
71
73
tive. After hours Three Months were sold at £266-Turnover 35 tong.
AK & Bhai Bank» (Col:-)
Pex)
76
Chinese Eng.,& Mining
(bearer)....
Chosen Corporation Mercantile Bank of In-
dia, 25, "G" -
17/- 4/
11-1/8
1/6-
12/6
12.
24
hal Waterworks “A”
Union Insurance............
unquoted 403-1/2
HONG KONG STOCK EXCHANGE
Today's market was quiet with little business recorded..
BUYERS
Union Ins: $412.50.
H. K. 'Fire Ins: $170.
Lands 4% Debentures. $97.50. Lights O", $6.15. Lights Rts.. 60-cts.
SELLERS
H. K. Govt. 34% Loan (1934), 95 H; K. Banks, $1350. Trams, $16.75,
SALES-
H. K. Govt. 4% Loan, 97: Providents, $5.75"
SHANGHAI TAX ON ROLLED TOBACCO
SHANGHAI, Mar. 2 (Reuter)— As a result of the negotiations between Nanking officials and au thorities of the French Concession the Nanking Finance Ministry
is collecting taxes on rolled to- bacco and matches in the French |Concession, says the Central Press
Bervice of China:
1
It is added that previously taxes lon matches and tobacco. were col- lected by the French town au- thorities" "In violation of China's: administrative sovereignty."
LONDON STOCK EXCHANGE LONDON, Marel Z. (Reuteri... The Stock Exchange continued brighter on Friday influenced by the firmness of British. Near-East
Elec, Autolite
Goodrich BS. DI..
Inter: Paper & Power Int, Tel, dz. Tel Johnsman.
Kennicott - Copper - Libbey-Owens-Ford Lockheed Aircraft
High
1940/41
DÓW" JONES" AVERAGES
Low Dow Jones Averages 152 80 11184 30 - IndustrialsTM
3967 23:15 20 Rails 20:40:160320 Utilities
99.18-8308 40 Bonds
84.07 48:47 11 Commodity Index
High Low Close Change,
122.06 121,72 121,86 7.11, off
27.69 27.57 27.59
Mar. 2, 1941
Feb. 28.
11.97
27.43
18.621 90,390
..
Business Done 140,000 shares
1966 19:44 19:03 09 off
An American Bank offering com- Hox. ME LE TAB Foxi. Manager
plete Foreign Banking Service
SAFE DEPOSIT BOXES
This Bank is entirely owned by
NATIONAL THE CHASE
BANE, New York, with Resources of
over U.8.$3,800,000,000.
D. L. BALLANTYNE,
Manager,
Ajob?
Consult
WANT ADS
NDO-CHINA
Branches and Agencies:
PAIN relying
Pensar
Kangoon dosabayra
Salon www.bow
Sara syday
Semarang Shanghai
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Loosl Currency and Fixed Deposits re ceived for one year or shorter periods in Local and Foreign Cur rancies or termos which will b quoted on application
SAVE LEPOSIT BOXES To Lame.
KANTONG PO.
ChielTM Manager.
BANK OF CHINA
Specially Chartered by
THE NATIONAL GOVERNMENT OF CHINA AS AN, INTERNATIONAL EXCHANGE BANK PAID-UP CAPITAL 40,000,000.00
diplomacy, with a somewhat larger STEAM NAVIGATION COMPANY LTD BRANCHES ALL OVER CALRA)
volume of business.
·The markets generally were Oparating Servicenfor Cargo and Passsagers".
firm, interest being mainly centred
on industrials and oils, with Goin- nesa and Cable and Wireless tirmer,
Courtaulds also. improved 'on higher dividend and Hurma O was prominent, but Prudential") Assurance weakened from 18 to, 17 on a reduced dividend: Jap janese loans were again, bought
Wall Street was irregular,
HONGKONG
SHAREBROKERS:
ASSOCIATION
Volume of Business Transacted on Saturday, March, 1, 1941,
HALES
China. Providents.
Dairy Farma...............
Pekiń Syndicate...
B'nai Elec. Constr.,Co.,
Guls, Kalumpong, Rubber; 15/D.
500 $5.75) Løm, Mid;, & Scot, Rly 128 (
200 18.25 Great Western Bly 33
16,50 | National Bank of India 32 10.60 8-A Tob (beatery, 89/44/ Dunlop Rubber bunu. 22{7}: Bristol Aeroplane ......um: 10/1) Imperial Chemical Ind. 80/11
(bearer)
bid
HK Tramways
100
A.S. Watsons
500
1300
The total value is $13,476,000.
Whited: Stécl
Woolworths.
21/11 52/6
Marsman Investiments
6/3
Western Holdings Bub-Nigel
9/9
140/3
44/4
TO
SWATOW, SHANGHAI, TSINGTÂU, CHEFOO:
and TIENTSIN-
KOBR and OSAKA
SINGAPORE PENANG zamia CALCUTTA SANDAKAN,”--
HAIPHONG******
All steamers berth alongside the Roosevélb! Términal in that French: Cónchation"at Shanghai, where passengerr and cargo are landed
For further partien
please appl
JÄRE
THEPHONE, ORIL GENERAT
Owing to our numerous Branchre In Chins and connections in the principal Commercial Contres of the World, we are able to extenu to our Clients special facilities für Domestic and foreign Banking, and Exchange.
Head Office:-SHANGHAI Hong Kong Branels;
4, QUEEN'S ROAD, C.
„South China Ofless
RSLICANTON.
BWATOW SHIUCHOW
KONGMOON TUISIAN
KINOCHOW
We also handle the issue of Borida and other Public Fundas, of the Chinese Government both at Home and Abroad
UHOU CHEN,
Manager,
154*
Pullman Inc...........................................
24.
Dairen
Manila
Sungei
Patani
Foochow
Muar
Pure Oil
181-
Radio Carpa, of Am.
41
211
Baokam
Mukden
Reading Company;
Com
131*
枣
Harbin
Remington. Arms Co., Inc.
43**
Hoild
31
$51*
Republic: Aviation Corp.
34
233
Republic Steel
191
...... 40)...
Revere Corp. .............
87
Reynold Tobar. “R”
327.
857:
Safaway: Stores
381*
#
Schenley Distillers:
30
94
Sears' Roebuck.
714
11/18
Shell Union Oil;
. 11}*
211
Bocony-Vacunum: Of ...
8+
A
5)
Southern Pactio
9
371
***.17
Bouthern Rly $5-pfd
211*
147
Spicer. Manufacturing Co." 321*
Standard Brands - ......
61
Stand· Gas & Elec,
281
201
Standard Oil of California
18.
Standard“ Cil' of N.J;
344
161
Stone & Webster
OF
711
1441
Studebaker Com
64
g*
Swift International
17+
"32
Technicolor
9
304
Texas Corpn
351
32
Texes Gulf Sulphur
351
Timken-Axle
321
Frans-America- Co.
41*
20th Cent. For
::51
13
Union: Bag & Paper Corp.
107
Union Carbide & Carbon
841
·32ft
Untory Pacific-
78*
THE CHASE BANK
United Aircraft:
381
434
13
United Airlines Trans
134
15, QUEEN'S ROAD, CENTRAL
11
United Corpn.
11
12*
United Corpn.› $3÷cum pt. 251
HEAD OFFICE: -
Scurabaya
Stato.
Haiphong (Jobore) Tientsin
Tokyo
New York Tsingtao
Peiping Yokohamox
-Perang
MADAX NEW TOYK PIPING
(Peking)
TIENTSI
(BRukos): TINURAG YUXOMAMA
FOREIGN EXCHANGE and Generat Banking Business transacted.
CURRENT Acood opened and FixEt Exposit received for Our | Year of shorter periode is Local de Other Currencies: at rates whioll will be quoted on application:"
SAVINGS ACCOGNTs also opened in Local Carrency and Sterling with CURRENT ACCOUNTS openat interest allowed at rate obtainable in Local Currency and FIXED DEon 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 clainis recovery of quoted on application."
SAFE DEPOSIT BOXES of various sizes to let
TRUSTEE and EXECUTOR business undertaken: Hongkong. 28th February, 1941.
HONGKONG SAVINGS
BANK
The Business of the above Bank a conducted by the HONGKONG
SHANGHAI BANKING COA PORATION. Rules may be obtain. ad on application.
For the HONGKONG & SHANGHAI
BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 28th Feb., 1939.
British Income Tax overpaid, on terms which may be ascertained at jany of the Agencies and Branches.
W, H. EVANS THOMAS,
Manager.
BANK OF EAST ASIA, LIMITED
Authorised Capital......10,000,000.08 Paid-Up Capital ......... 5,599,600.00 Reserve and Undivided
Profits
..2,983,261.80
Head Oft: HỒNG KONG „No. 10 Deal Voeux Road, Central·
Board of Director.
HON. SIL SHOVBON CHów, Chairman
F. K. Kwok, Eng.
Wong Tan Tong, Esq.
|GANTOS-
CAWNPORS
TAIPING"
KOORING
MABRAS MANILA
TORUNION
COLOMBO DELET HAIPHONO
HARDCEO' HANIOW
Koon Chen, Esq.
Li Lan Bang, Eaq.
Wong the Son, Esqi
Fung Ping Wah Esq.
131.
United Gas Corpn...........
18, PIN STREET.
Chan Ching Shok, E81.
:
591*
United Gas Improvement
NEW YORK
KAN TONG PO, Esq., Chief Manager
174
UB Industrus Alcobol... 23.
14*
US. Rubber
201
24
UB Rubber $3,pfd.
231
US Smelting
in the principal Markets of the world
LOWAT
Kowlook
11
US."Steel
Interest Rates on Application,
68)*.
Vanadfum
28
544
Vultee Aircraft
HAZAYİR
Bombay
Manila
OCEA
* Maome
Haiphong
Bagmaske
Hankow abolat
Bew York – denitis.
Loucos
247
Walworth Co.
134.
Warner Bros, Plet
22
Westinghouse Bec,
954
56*.
Woodward TronTM Cor.
28
32+ Clasf 351
Chase National Bank' National City' Bink"
30%
204*
24***
Libby Monell & Libby
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