1941-03-06 — Page 10

NEW YORK, March 4, 1941,

13.19

Prev. Today's High Low Close Close Change 10.41 10.36 10.38 10.39 01 up 21.01 20.78 20.70b 21,00 .30 up

831 823 82) 531 611

81 601 19.34

13.23. 13.30

up

..up 07 up

¡STOCKS

Close

Opening

Closing

Change

Adama Express

On Shanghai:—

On demand

On Singapore:—

Alleghany Steel Co.

PAGE 10-HONGKONG DAILY PRESS

FOREIGN MARKETS &

MONEY AND EXCHANGE

CLOSING QUOTATIONS | MARCH 5, 1941.

יו

On London:

M

Telegraphic Transfer. 1/8 7/8 Bank Bills, on demand 1/2 7/5 Credits 4 months" sight

NEW YORK COMMODITY MARKET.

(REUTER'S SERVICE)

New York Cotton, May New York Rubber, May Chicago Wheat, May Chicago Corn. May New York Hides, June NEW YORK COTTON

602

FINANCE

QUOTATIONS

NEW YORK STOCK EXCHANGE

"QUOTATION

(REUTER'S SERVICE)

MARCH 5, 1941.

THURSDAY,

MARCH 6, 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

Reserve Funds:

Sterling .......

Last Bale

STOCKS

Last Sale

$20,000,000

£8,500,000 Paid-Up Capital H.K. Currency Reserve $10,000,000 Reserve Fund....... Reserve Liability of

Reserve Liability of Pro- Proprietors

prietors .....

£3,000,00

£3,000,000

Mar. 4

Mar. 4

...

F

Loew's Inc.

32

21

March

10.41/41

10.40/40

10.42/42

01 up

Loft Incorperated

184

Allis Chalmers

*

430

May..

10.38/38

.10.36, 36

10.39/39

01 up

Mack Truck Inc:

261*

Aluminium Ltd.......

72*

Beard of Directors: Hon. Mr. J. J. Paterson,

On demand

On Japan:-- ***

On demand

July

10,30/30

10.28/28

10.30/30

unch.

Martin, Glen L

25}

52 3/4

Amer. Can

841

October

9.95/95

9.94/94...

9.99/99

.04 up

McKesson & Robbins, pf4.

25

American Cyanamid B.

331

December

9.93 N

9,93/93

9.91/97

.04. up

Montgomery Ward

37L

101 1/2

Amer. & Foreign Power

13/16

January

On India-

Spot

9.91 10.83

9,92/92

9.95 N

04 up

M'tain City Copper Co.

3

Chairman, W. H. Lock, Esq.,

Deputy Chairman.

Amer & Foreign $7.pf.

153

J. K. Bousfield, Esq.,

10.79

.04% off

National Aviation

8+

Telegraphic

Transfer.

Amer. Locomotive

13

Nat. Dairy Products

A. H. Compton, Baq..

13

$92 1/2

and demand,

On New York:-

Total sales Monday:52,400 bales,

The last notice day for March Cotton 13 14/3/4)

"Amer, Metals Co.......

173

L. J. Davies, Esq.,

National Distillers....

201

Amer, Radiator

*

Hos. Mr. S. H. Dodwell,

National Lead

154

Bank Bills, on demand 24 1/8 Credis, 80 days sight 24 7/9

Amer. Rolling Mill

13

NEW YORK RUBBER

May

Nat, Power & Light

62

K. S. Morrison, Esq.,

Amer. Sting and Ring Co. 40

On Batavis:-

July (New contract)

On demand

45 184

September

'

On Paris:-

Bank Bills, un demand Nom.

December

(

20.70b 20.20/20 20.20b/243 20.415/50g 19.97b/20.00a 20:09a

19 80 N

19.95a

20.66b/80% 21.00/00

30 up

National Supply Corp.

5

Amer. Sugar Renning

Head Office:-HONG KONG

G. Miskin, Esq.,

Hon. Mr. T. E. Pearce,

HEAD OFFICE: LONDON:

38, Bishopsgate E.C.2. Sub-Agencies In Londen: 117/192, Leadenhall Street, E.0.5. West End Branch: 14/18, Cockspur Street, B.W I Manchester Bruneù: 52. Moeley Street, Manchester, 1.

AGENCIES AND BRANCHES

ALOE STAR HONG TONG PANANG AMBITHAR

BANGKOK

BATAVIA

BOMBAY

ILOILO

143

New York Genual

12

.21 up

Amer. Tel. & Tel.

161

20.20b/25a

23 up

Niagara Hudson Power

2}*

Amer. Tobacco "B"

60

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

CALOUTTA

AGENCIES:

BANOLA

IPOH

BAIGON

KARACHI

SEREMBAN

SHANGHA?2

KLANG

SINGAPORR

KOBE

BITIAWAN

20.00 N

N. American Aviation

14.

.20 up

Amer, Waterworks

51

Chief Manager. FAIRLI PLACK

North American Co.

15+

Credits 4 months' sight Now.

On Balgon:

Total sales-430 tons.

CHICAGO WHEAT

Anaconda Copper

241

Northern Pacific

Sł

Branches:

Atchison, T. & S. Fe.

229

Owens-Illinois Glass Co.

43

J

On demand

104 1/2

Aviation Corp. ......

31.

May

827,621

824/821

On Manila:-

July

783/781

781/784

On demand

48 1/4

September

781/781

831/831 791/791 unquoted.

Pacific Gas & Elec

261

Amoy Johore

Sup

Baldwin Lecometive

15

Bangkok Kobe

up

Packard Motors

21

Batavia Kowloon

Rangoon Saigon San

Baltimore & Obio.....

31

Pan-American Airways

127

Bumbay Kuala

Francisco

On Bangkok:-

Barber Asphalt Co.

Paramount Pictures

11

On demand

149 1/2

Monday's sales:-0,565,000 bushels,

Calcuti Lumpur Shanghai

Barnsdal! Oll ....

Pennsylvania RR.

23

Canton

London

Of Sterling Notes:-

CHICAGO CORN

Bendix Aviation

35

મ

Phillips Petroleum

361

Chefoo

Lyons

Singapore Sourabaya

+

Bank Buying Rate

Now.

Bethlehem Steel

781

May

601/601

601/601

Bar Silver per oz.........

91 3/8

July

Boab

601/601

September

NEW YORK HIDES

#

June September

business. May

quoted at July

Volume of business

July

1/2.

MARKET

Shin. 44% Anglo-French-

Loan, 1908

Market Report-

FROM ROZA BROS.

Wednesday, Mar. 5.

Silver prices rose 1/16 yesterday

Total sales for the day:39 contracts.

for both deliveries, the quotations NEW YORK COCOA

being 23.3/8 for Ready and 23.5/ May

16 for Forward. Silver advices re-

ported the market as being steady NEW YORK SUGAR" NO. 3

with

по practically

American Silver was

34.3/4 for Spot.

The London/New York cross- NEW YORK SUGAR NO. 4 rate was quoted at 402.1/2. New York/London was quoted at 403-May

Steady but dull

STERLING

No business was reported. There were sellers at 13 for near and forward, buyers at 1/3.1/32 for any delivery.

U. S. DOLLARS

A small business was done dur ing the course of the morning

at 24.7/16 for March

The market closed

and April. with

sellers probably at 247/16 for near and March, buyers at 24.1/2 for Cash. SHANGHAI DOLLARS Opened with sellers at 443.1/2 with business done at 444, 444.1/4 and 444.3/8. The market closed with sellers at 444 for Spot."

SHANGHAI MARKET

Opened with sellers of Sterling at 3.3/8 and the last rate received was 3,23/64 for Spot. US Dollars opened with sellers at .5.1/2 and closed at 5.15/32 for Spot,

Shanghai Exchange

Shanghai, Mar. 5-(Reuter).

Official T.T. Rates

.76b/.761aTM 754b/.764a 754b/.76 .001 off .80b/.80 a .80b/804a 781b/.79a" .01) of Volume of business dane:---32 lots.

NEW YORK COPPER FUTURES.

July

11.72b/82a N.Y, Official silver

..... 34-3/4 NY-London Cross Rate 4.03-1/2

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

$

London, Mar. 4... The following quotations are the siddle 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 1952) Defence Loan, 3% Canton-K'loon Rly. 5% Chinese 41% Gold Lan

1398 (Brit. Issuet ...... Chinese 5% Gold Bonds

1925/4!

£

11.72b/90a 11.89b/90a .17 up

.34-3/4

4.03-1/2

HONG KONG STOCK EXCHANGE

Business recorded during morning was, only meagre,

BUYERS

H.K. Banks, $1340.

Unión Iris., $413. Providents, $5.75.

Lands 4% Debentures, 397,50. Trams, $16.50.

Lights (O), $6.15. Telephones (N), $8,80,

SELLERS

59-7/8b

611/61 61/61 604/001

4 ̈ up #up

Public Service of N.J....... 264

Colomb.

Malacca

Sungei

Bliss & Co.

181

Pullman Inc......

231

Daireu

Manila

"Patani

Boeing Airplane Co

153

Foochow Muar

Swatow

:

up

Pure Of

7}

Borg-Warner

181

Radio Corpn. of Am.

41

Briggs Mfg.

218

Reading Company,

Com

133

Harbin

13.23/27

13.23/24

13.19/20 13.20b/30a

13.30/SO 13.30/30

SS

.07 up

Budd M'facturing Corp.

"31

Remington Arms Co., Inc.

42*

Boilo

.07 up

canadian Pacific R'way

31

Repubile Aviation Corp.

38

Ipoh

Peiping

Penang

Case, JL

46%

Republic Steel

198

F

Celanese

233

Ravere Corp.

81

Chesapeake & Ohio

40%

6,21 N

Reynold Tobat. "B"

32

6.21/21

6.25/26

04 up

Chrysler Corpn.

661.

.

Safeway Stores

39

Columbia Gas & Elec.

4

Schenley Distillers

91

Commercial Credit Co.

301

2.18b/ 20a 2.22b, 23a done:-202 lots

2.17b/19a 2.22b/23a

.01 off unch.

Com, & Southern (Ord.)

Sears Roebuck

72}

Shell Union Oll .....

11

quoted on application..

'Consolidated Edison

219

Socony-Vacunum Oil

8+

Consolidated Ou

58

various sizes to let.

Southern Pacific

81TM

Continental Can

3TL

Southern Rly 55 pid.

214

Continental Onl

.173

TRUSTEE and EXECUTOR business undertaken.

Copperweld Steel

| Spicer Manufacturing Co

314

Haiphong (Johore) Tientsia Bankow Mukden Tokyo

New York Tsingtao

Yokohama

SOURABAYA"

TAIPING

TIENTIN

TONGKAK

(Bhuket)

. THINGTAL

NEW YORK YOKOHAMA PIPING

(Peking)

―

FORLIGN EXCHANGE and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOBITE received for Ons Year or shorter periods in Local on 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

SAFE DEPOSIT BOXES of terms which may be ascerta'oed at

any of the Agencies and Branches.

W. H. EVANS THOMAS,

Manager.

GLAVE STAAT KUALA

COMFCA

CANTON САЖИРОНИ CKBU COLOMBO

KUCHING

MADRAS

MANILA

DELHI

1 DAN

DAIPEUNO

HAMBURG HANKOT

147

Standard Brands

61

Curtiss Wright (C)

3

Curtiss Wright "**

Stand Gas & Mec.

#

201

Standard Oil of California

173†

Deere & Co.

20

Standard Ol of N.J.

34

Distillers Corpn. Seagrams

188

Stone & Webster

61

Douglas Aircraft

71

Studebaker Com

6:

Du Pont de Nemours

144

Swift International

171

Eagle Picher Lead

3

Technicolor

9

Eaton Mfg. Co.

32

Elec. Autolite

301

Texas Corpzl

354

Elec Bond & Share

31

Texes Gulf Sulphur

Timken-Axle

32

Elec, Bond & Share $5 pi.

524*

Trans-America Co

"

the

Elec. Band & Share $6 pf. Elec. Power & Light 37 pr. 294 Flirtkate

60

20th Cent. Fox:

6

131*

Union Bag & Paper Corp. 103

Gen. American Trans.

501

Union Carbide & Carbon -65

Union Pacific....

78

Gen. Electric

324

Gen. Motors

429

United Aircraft V..

387

United Airlines Trans

124

Gen. Railway Signal

123*

Gen. Tire & Rubber

United Corpn

11

40

Glidden Co,

13

United Corpn. $3 cum pf. 25

United Gas Corpn.

11/16

Goodrich (B.F.)

13

Goodrich $5 pi.

591

United Gas Improvement

81

Goodyear Tire & Co.

17*

U.S. Industrual Alcohol.

221

**

103% 101-5/16

11

Great Northern Irún Ore

14

U.8. Rubber

201

Great Northern Rly, 'pfd.

24

US. Rubber, 38 pid.

861

"Tramis, $16.75..

Great Western Sugar

233

UB, Smelting

573

SALES

Greyhound Corpn.

11

U.S. Steel

57

42

H.K. Banks, $145. Union Ins., $417.

Hercules Powder Co

601**

Vanadium

2'1

Homestake Mining

45

Vultee Aircraft

81

- SAFE DEPOSIT BOXES

40-44

43

Opening

Chinese 5% Crisp Loan.

London

0/3-5/16

1912

24

New York

5-3/8

Chinese 5% Reorg, Loan,

Japan

22-3/4

1613 (Ldn. Is.)

31

India

18-3/8

Chinese 8% Ster. Notes.

Paris

nomina:

1925 (Vickers)

8-10

Hongkong

2.2

Chin Imperial Rly, 5%

Loan

47

Sterling

Cements, $16.95." Watsons, $10.70.

HONGKONG

SHAREBROKERS

ASSOCIATION

Volume of Business Transacted

on Wednesday, March, 5, 1941

SALES

Kentecott Copper Libbey-Owens-Ford. Lockheed Aircraft

Int Nickel

243.

Walworth Co.

41

Inter. Paper Power

14

Warner Bros. Pict.

3

.

Int. Tel, & Tel. Johnsman

21

Westinghouse Elec.

941

58

Woodward Iron Cor.

271*

32*

Chase National Bank

314

Glass 354 234

National City, Bank

261

D. L. BALLANTYNE,

Libby, Monell & Libby.

Honan Rly, "5%

14

Cements

Spot

Opening Closing 0/3-3;8

Hukuang Rly. 5%, 1911...

L.P. N/Y Issue)

14

Humphreys

Hukuang Rly. 5%, 1911

Mar. Apr.

250 $16.95 500 16.90 556 6.70 500 6.70

German Issue

12

Lung Tsing & Hal

1940/41

Low Dow Jones Averages High 152.60 111.84 30 Industriala

32.07 22,15 20 Rails 28.45 18.03 20 Utilities 92.19 33.08 40 Bonds 04.07. 48,47 11 Commodity Index

Riy. 5% 1013

1,806

12

S'hai-N'King Rly. 5%

14

The total value is $19.762.70.

5-1/2

Tientsin-Pukow Rly. 5%

(Brit. Stpd.)

12

12

Sellers

0/3-3/8

013-3/8 0,3-23764 0/3-23/64 0/3-23/64. U.S. Dollars

Spot $5-1/2

Mar. Apr.

$5-1/2 -5-15/32 5-15/32 5-15/32

Market-Quiet.

Silver Duty Rate The Central Bank of China's rate on London at 10 a.m. today was 1/2-1/24,

The Equalisation rate was 24 per cent.

Calcana Exchange

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

India Rupee Paper

Bombay, Mar. 4 (Reuter), Govt. 34% Rupee, 94-12-0.

LONDON METALS

EXCHANGE

London, Mar. 4 (Reuter).

Standard, Cash', Middle Price, £265-1/8

Ti

Tientsin-Pukow Rly. 5%.

(Oerman Stpd.) lentsin-Pukow Rly. 5%

Brit. Stpd. Supl. Loun) 12 Tientsin-Pukow Rly. 5% (Ger. Stpd. Supl, Loan) Jap. 0% Ster. Loan, 1924 231 er, 7% Intl. Loan. 1924 6- Chartered Bank

HK. & S'hal Bank (Ldn.

Reg.)

12

7-13/16

22

SILVER MARKET

LONDON SILVER

London, Mar. 4 (Reuter). Suver-Little

buying but fex

sellers. Market steady. In the

afternoon, the market was very

ADS

INDO-CHINA

Team

BANK OF CHINA

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

BANK

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

quiet with practieally no business. Operating, Services for Cargo and Passengera

Spot. 23-3/8d.

Forward, 23-5/16d,

BOMBAY SILVER

Bombay, Mar. 4 (Renter).

Market-Steady. Offtake 75 bars,

Indian Mint Silver

Khat Bank (Cal.

Pag)

75

Chinese Eng, & Mining

(bearer)

17/-

Ready

Chosen Corporation Mercantile Bank of In-

dia. £5, "Q"

·"4/-

Mar. 24 Settlement

Apr. 22 Settlement

63-01 62-14 62-14

11-1/8

Pekin Syndicate

1/0

S'ha Mec. Constr. Co.

12/6

hal Waterworks “A” Union Insurance

12 24

Emperial Chemical Ind. 29/9 United Steel

21/- t

Woolwortha

51/71

Morsman Investments 8/6

321

Western Holdinga

9/3

8ub-Nigel

145/-

87/0

Abell TORTIL

Trad:

32/41 10/3

43/9

Gula Kalumpong Rubber" 15/9 Lon., Mid & Scot., Rly. 117 Tin, Standard, à months, Middle Great Western Rly. Price £264-1/4..

National Bank of India 324 Market steady. Prices rallied on B.-A. Tob. (bearer)

and speculative pur- Dunlop Hubber

Bristol Aeroplane

consumer

chases

(bearer)

bid

TO

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

SINGAPORE, PENANG and CALCUTTA SANDAKAN

HAIPHONG

All steamers berth alongside the Roosevelt Terminal in the French Concession at Shanghai, where passengers and cargo ate landed.

For further particulars

please apply tom!

北

JARDINE MATHESON&Co.Lrd. TELEPHONE ZOJIE. GENERAL MANAGERS ·

(BRANCHES ALL OVER CHINA) Owing to our numerous Branenes in China and connections in the principal Commercial Centres uf" 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:

4, QUEEN'S ROAD, C.......

South China Offices:

CANTON

SWATOW

SHIUCHOW

KONGMOON TOISHAN

KINGCHOW

We also handle the issue of Bonda and other Publio Funds of the Chinese Government both at Home and Abroad."

ว

SHOU J. CHEN

Manager

·Mar. 8, 1941. High Low Clos 181.44-120.62 121.16 27.43 27.31 27.37 10.29 19.11 19.10

Changa 28 up .05 12p

DOW JONES AVERAGE

Mar. 3,

120.89

27,32

10.25

,09 up

80.14

57.93

90.20 57.09

.00 up

Consul WANT

.08 up

Business Dono:-3 0,000 shares"

Hongkong, 28th February, 1941:

HONGKONG SAVINGS

BANK

The Business of the above Bank 8 conducted by the HONGKONG SHANGHAI BANKING COR- PORATION. Rules may be obtain ad on application.

For the HONGKONG & SHANGHAI 'BANKING CORPORATION.

V. M. GRAYBURN,

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

THE CHASE BANK.

15, QUEEN'S ROAD, CENTRAL

HEAD OFFICE:

18, PINE STREET.

NEW YORK. An American Bank offering com-

plete Foreign Benking Service: in the principal Markete of the world, Interest Rates on Application."

This Bank is entirely owned by

NATIONAL THE CHASE

BANK, NEW YORK, with Resources of over U.S.$3,800,000,000.

Manager.

BANK OF EAST ASIA, LIMITED

3,596,600,00

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

Profits

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

Board of Director.

HON. SIB SHOUSON CHоw, Chairman Li Koon Chan, Esq. Il Lan Sang, Esq. P. K. Krok, Eaq. Wong Chu San, Esq. Weng Tan Tong, Esq. "Fung Ping Wah Esq. Chan Ching Shek, Esq.-

KAN TONG PO, Esq., Chief Manager Hox. MR. LI TAR FONG, Manager

Branches and Agencia:

Atoy

Bateria

Kowlock PRALDY

Loudon

Manile

Hanroou

Melbourne Ban Fran. Byángy

Nagasaka

cisco Timisin

New York Baattis Vancouver Pazin

Peiping

Shanghal

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 perioda in Local and Foreign Cur гопсіе оп terms which will be quoted on application.

SAFE CEPOSIT BOXES TO LET.

KAN TONG PO."

Chief Manager,

2,983,261.50

Singaporn

Bombay

Calontie

Haiphong

Bankow

domainla

Kuup

Halgon

Sourabaya Bratov

Bemarang