1941-03-14 — Page 10

unch

1 од

623

1 off

STOCKS

.04 off

430

March

May

-62 3/4

July

October

108 1/2

December

Tanuary

Transfer.

84 1/2 Spot

.

On Batavia:--

On demand

On Parks:-

On Singapore:--

On demand

On Japan:-

On demand

On India-

Telegraphic

and demand

On New York:-

Bank Bills, on demand 24 1/8.

Crediis, 80 days' sight 24 7/5

Total sales. Tuesday:-211.400 bales.

The last notice day for March Cotton is 14/8/41 NEW YORK RUBBER

Close 10.71/71

Opening

Closing

Change

Adama Express

Alleghany Steel Co.

10.68/88

10.72/72

.1 up

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE CLOSING QUOTATIONS MARCH 13 19:41

On London:-

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

On Shanghai:--

On demand

NEW YORK COMMODITY MARKET

(REUTER'S SERVICE)

NEW YORK, Mar, 12, 1941.

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

Prev. Today's High Low Close Close 10.74 10.62 10.69 10.67 21.00 21.68 21.75 21,756 875 853 867 851 627 621 621 13.88 13.57, 13.75 13.71

Change .02 .off

NEW YORK STOCK EXCHANGE

QUOTATION

(REUTER'S. SERVICE)

MARCH 13, 1941

اور

FRIDAY, MARCH 14, 1941.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital

$50,000,000

INDIA, AUSTRALIA

AND CHINA

Issued & Fully Paid-Up $90,000,000 Incorporated by Royal Charter, 1850.

Reserve Funds:

Sterling

Last Sale

STOCKS

Last Sale

„$20,000,000

£6,500,000 Paid-Up Capital H.E. Currency Reserve $10,000,000 Reserve Fund" Reserve Liability of

Reserve Liability of 'ro- Proprietors.

prietors.

....£3,000,000 ....£3,000,000

£3,000,000

Mar. 12

Mar, 12

$

Loew's Inc.

Head Office:HONG KONG.

321

·217

Allis Chalmers

Loft Incorperated

181

29

10,69/69 10.66/66

10.67/68

.02 off

Mack Truck Inc.

281

Aluminium Ltd.

Board of Director; luu. Mr. J. J. Paterson,

10.67/67 *

10.64/64

10.65/65

.03 off

Martin, Glen L.

27

Amer. Can

853

10,54/54"

10.50/48

10.54/52

,02 off

American Cyanamid B.

331

McKesson & Robbins, pfd. 251*

10.52/53

10.45/45

10.47/47

.05 off

Montgomery Ward

W. H. Lock, Esq.,

371

10.51/51

10.44/44

10.45/45

.08 off

Amer. & Foreign Power ...

}

Mtain City Copper Co.

3.

Amer& Foreign 37 pt. ....

16*

11.07.

10,00

.0% off

National Aviation

J. K. Bousfield, Esq.,

91

Amer. Locomotive

134

| Nat., Dairy Products

A. H. Compton, Esq.,

Amer. Metals Co.

131.

187

L. J. Davies, Esq.,

National Distillers.

211

Amer. Radiator

Hon. Mr. S. H. "Dodwell,

National Lead .....

16.

り

Amer, Rolling Min

147

G. Miskin, Esq.,

Nat, Power & Light

61

May

21.75/75 21.86/86

40 1/4

H

Bank Bills, on demand Num. Credits 4 months' sight Now.

On Saigon.

On demand

On Manila:--

On demand

July (New contract) ... 20.10/10 September ( December

20,25,27

}

20.60/60

20.60b/75a

21.75b/90x 20.20b/25a 20.70/70

Lrch. .10" up

Amer. Sting and Ring Co.

40

K. S. Morrison, Esq.

National Supply Corp.

54

Amer, Sugar Refining

17

New York Cential

123

.10 up

Amer. Tel, & Tel.

165

Niagara Hudson Power

}

... 20.38b/454 Total sales for the day:--410 tons. CHICAGO WHEAT.

20.45b '60a

20.50 N

12 ap

Amer, Tobacco "8"

23

69

N. American Aviation

147

Amier, Waterworks.

51

North American Co.

Hoa. Mr. T. E. Pearce,

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

Chief Manager.

CALOUTTA

AORNDIEB:

FAIRLY PLACE

CLAVE STORET KUALA

AMBITBAR

BANGKOK

MTAVIA

BOMBAY

Chairman.

Deputy Chairman.

BEAD OFFICE: LONDON:

38, Bishopsgate E.0.2. Sub-Agencies in London: 117/129, Leadenhall Street, E.C.L West End Branch;. 14/18, Cockapur Street, B.Wi- Manchester Branch:

62, Mosley Street, Manchester,

AGENCIES AND BRANCHES.

ALOR STAR

BONG KONG TINANG ILOILO IPON

BANGOON

SAIGON

KARACHI

SERIMBAN

SHANGHAY

ELANO

SINGAPOR

TOBK

SITIAWAN

153

H

Anaconda Copper

242

Northern Pacific

61

Branches:

..... 104 1/2

May.....

48 1/4.

July

On Bangkok:-

f.

September

On demand

110 1/2

Tuesday's sales:

887/87

861/86# 831/833 831/827 831/837. 16,603,000 bushels

Atchison, T. & 8. Fe.

23]

86/851 821/821 821/822

1 off

Owens-nola Glass Co.....

44

Aviation Corp.

3}

Amor.

1 off

Packic Gas & Elec

27

Baldwin Lecometive

151

Bangkok

Jobore. Kobe

1

off

Packard Mators

23

Bataviz

Baltimore & Ohio

Kovinop

31

Rangoon Saigon San

Pan-American Airway9

Barber Asphalt Co"

121

9

Bombaj ..

Kuzia

Francisco

Paramount Pictures

11

Calcutt Lumpur

Shanghai

Ön Sterling Notes:-

#

'CHICAGO CORN

Barnsdall Off

81

Pennsylvania R.R

234

Canton

London

Singapore

Bank Buying Rate

Now.

Bar Silver per oz:

7/16

May

July

621/629 627/628 621/623

621/621

A off

Bendix Aviation

35%

Phillips Petroleum

373

Chefoo

Lyoce

Sourabaya

621/624

621/627

unch.

Bethlehem, Steel

791

Public Service of N.J

Colomb

Malacca

252

Sungel

September

NEW YORK HIDES

June. Septen ber

July

Market Report

13.75/75 13.86/36 13.73/74 13.70/70 Total sales for the day-172 contracts. NEW YORK COCOA May

FROM ROZA BROS.

Thursday, Mar. 13. Silver prices rose 1/16 yesterday for both deliveries. the quotations being 23.7/16 for Ready and 23.3/8 for Forward. Silver advices re ported the market as being steady NEW YORK SUGAR NO. 3

American Silver was May" but quiet. quoted at 343/4 for Spot.

The London/New York cross- tate was quoted at 402.1/2" New York/London was quoted at 403.- 1/2.

Quiet

MARKET

STERLING

✔

There were sellers at 1/3 up to June. buyers at 1/3.1/32 for any delivery.

U.S. DOLLARS

A small business, was done during the course of the morning at 24.9/16 for Cash and also for Forward de- livery. The market closed at I p.m. small sellers at 24.9/16 for near, buyers at 245/8 for Cash.

.721b/.73a 776/771a

Volume of business done: -33 lots.

NEW YORK COPPER FUTURES

11.78b/82a July NY official Silver..... 34-3/4 NY-London Crous Rate, 4.03-1/2

LONDON STOCK EXCHANGE

(REUTER'S SERVICE}

62) 622

623/622

1 OF

Bliss & Co.

167

Dairen

Manila

Patani

Pullman Inc..

241

Soeing Airplane Co.

16

Fooches

Yusr

Swatow

Pure Of

7

Borg-Warner

18%

Натрийн

(Johors) Tientsin

13.71/72 13.72b/738

104 off

Radio, Corpn. of Am,

4

Briggs Mig.

221

Hauk

Mukden

Tokyo

Reading Company,

Com

14)

tario.

01 0

New York

Budd M'facturing Corp.

41

Remington Arms Co., Inc.

41*

Hoik

Canadian Pacife R'way

31 "

Peiping

| Repubile Aviation Corp.

4

[pob

Case, JI

181

Celanese

231

Republe Steal

19

6 9G N

6.98/99

2.29b/303 2.33b/34a Volume of business done:-654 lots. NEW YORK SUGAR NO. 4 May July

7.10/10

2,31b/32a .02 up 2.35b/36a 02 up

14 up

Revere Corp. ....

3

Chesapeake & Ohio

39

Reynold Tobac. "B"

313

Chrysler Corpn.

671

Columbia,Gas & Elec.

4

Safeway Stores

381

Commercial Credit Co.

Schenley Distillers

91*

30

Sears Roebuck

73

Com. & Southern -(Ord.)

Shell Union Off

117

quoted on application.

Consolidated Edison

214

Consolidated Oll

54

Socony-Vacunum Oll

88.

various sizes to let.

Southern Pacific

"9

.72)b/.744a .77\/.778

7210/.7342 .77b/77fa

unch. unch.

Continental Can

362

TRUSTEE

and

Continental Oil

173

Southern Rly $5 pid.

22

business undertaken.

Copperweld Steel

15*

Spicer Manufacturing Co.

332*

Standard Brands

61

Hongkong, 26th February, 1941.

Penang

Tsingtao Yokuhama

は

MADAN

NEW YORK PIPING

(Peking}

800 BABYŁ

ZAIPING TIENTSIN TONGKAK

(-Bhuket)

THI NOTAL YOKOHAMA

FORK ON EXCHANGE and General Banking Business transactedi.

OCRRENT ACCOUNTS opened sad FIXED DEPOSITS, received for Ons 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 chtainabla

in Local Currency and RIXED DE-00 application. POSITS received for one year or The Bank's Head Office in London shorter periods in Local and Other undertakes Executor and Trustee Currencias on terms which will be business, and claims recovery of British Income Tax overpaid, on

SAFE DEPOSIT BOXES of terms which may be ascertained at

EXECUTOR

any of the Agencies and Branches.

W. H. EVANS THOMAS,

Manager.

CANTON CAWNPORI CXB D COLUMBU

DELFI HAIPHONG

RAMBU KQ HANKOW

LUMPIK

KUCHIKO

KADRAS

MANILA

Curtiss Wright (C.)

B3

Stand Gas & Elec.......

Curtiss Wright "A"

271

Standard Oil of California - 181.

11.98/99

11.60/60 24-3/4 4.03-1/2

18 off

Deere & Co.

207

Distillers Corpn. Seagrams

16

Standard Oil of N.J.

353

Douglas Aircraft

753

Stone Webster

7

Du Pont de Nemours

145

Studebaker Com,

HONGKONG SAVINGS

*BANK

The Business of the above Bank

Swift International

177*

18 conducted by the HONGKONG-

BANK OF EAST ASIA,

LIMITED -

Eagle Picher Lead

91*

SHANGHAI BANKING COR-

Eaton Mfg. Co.

Elec. Autolite

Elec Bond & Share

Elec. Band & Share $5 pt.

London, March 12. | Tientsin-Pukow Rly. 5%" The following quotations are the Ger. Stpd. Suph Leap)

Elec Bond & Share $5 pr.

12

SHANGHAI DOLLARS

SHANGHAI MARKET

է՝

AFTERNOON MARKET

Opened with sellers of Sterling War Loan, 34% Red

after 1862) at 3.3/8 and closed slightly lower

U. S. Dollars Defence" Loan, 3%...... at 3.23/64 10r Spot. opened with sellers at 5.1/2 and anton-Kloon Rig. 5% later rose to 5.17/32. Towards the Chinese 44% Gold Lan

1898 (Brit Issue) plose sellers were reported at 5:1/2

Chinese 5% Gold Bonds. lot Spot,

1925/47

middle prices at the close of the Jap. 8% Ster. Loan, 1924 -227 Opened with sellers at 443.3/4 market in London. All quotations] Ger. 1% Intl Loan, 1924 54 with business done at 443.1/2 and are subject to confirmation and no Chartered Bank also 444 Later the market rose to responsibility is assumed for errors HK. & S'hai Bank (Idn. sellers at 4443/4, buyers at 45.1/4jin transmission.

HK. Shai Bank (Cal

Peg) hinese. Eng. & Mining

(teerer) Chosen. Corporation

Elec. Power & Light 57 pf. Flintkote

Gen. American Trans.

9

en. Electric

Gen

Motors

Reg.j

76

Gen. Railway Signal

2

Gen. Tire & Rubber

78.

Glidden Co.

104-3/16

Goodrich (B.F.)

1014

17/-

Goodrich $5 pf.

Goodyear Tire & Co.

Mercantile Bank of In-

42

dia. £5y "G"

Pekin Syndicate

11 1/6

40-44

Quiet. "

?

STERLING

Min. 41% Anglo-French

Loan, 1908

S'ha Elec. Constr. Co. .: 12/6 [B'hini Waterworks "A"

Great Northern Iron Ore Great Northern Rly, pfd, Great Western Bugar Greyhound Corpn:

45

Chinese 5 Crisp Loan.

1912

24

Union Insurance ...... Gula Kalumpong Rubber 15/9 Lun., Mid. & Scot., Rly. 11 Great Western Rly.

1147 24

Hercules Powder Co

Homestake Mining

Int Nickel..

Inter. Paper & Power

31

Int, Tel. & Tel

National Bank of India 313

Johnsman.....

Chinese 8% Ster. Noten.

1925 (Vickers)

B-A Tob (bearer)

86/3

8-10

Ounlop Rubber

31/3

U. S, DOLLARS

Bristol "Aeroplane

10/11

Kenmecott Copper Libbey-Owena-Ford Glass 35) Lockheed Aircraft ----·*...............

The

Loan RT Honan Riy, 5% Hukuang Rly 5%. 1911..

(L.P. N/Y Issuet

+7

Imperial Chemical Ind. 29/

14

Chived Steel

20/73

Woolworths

43/9

14

Maramaz Investments ....

6/9

Hukuang Rly. 5%, 1911

Western Holdings

9/8

1040/41

German Issue)

12

Sub-Nigel

142/6"

Lang Teing & U

Hai

Shell Tran & Trad

Aly. 5% 1913 ... Chai-N'King Rly. 5%... Tientsin-Pukow Rly. 5%

(Brit, Stpd.) Tientsin-Pukow Rly, 5%

(German Stpd.) Tientsin-Purow Riy, 5%

(Brit, Stpd. Supi. Loan) 12

12

(bearer)

42/6

14

High Low Dow Jones. Averages 152.80 111.84 30 Industriale

Raile 32.87 22.16 20 26.46 18.03 20- Utilities 92.19 83.06 40 Bords 84.07

48.74 11 Commodity Index

12

12

No business was reported. The market closed with sellers at 1/3 | Chinese 5% Reorg. Loan. up to June, buyers at 1/3.1/32 for 1913 (Ldn. Is.) ............................. ||31. Cash.

A small business was done at Chin. Imperial Rly. 5% 24.9/16 for near delivery.

market closed with sellers at 24.1/2 for near and probably 24.9/16 May, buyers at 24.5/8 for Cash

SHANGHAI DOLLARS Business was done this afternoon at 445.1/4 and 445.1/5. The market closed with sellers at 445.

་་ SHANGHAI MARKET There were sellers of Bterling at 3.23/84 for Spot and U. S. Dollars at 5.16/32 for Spot.

Shanghai Exchange. Shanghai, Mar. 13 (Reuter)

London

Official TT. Rates

Opening 0/3-5/8 5-3/8 23-3/4" 18-3/8 nominial

New York

Japan

India

Part

Hongkong

Sterling

22

Sellers

Opening Closing 0/3-3/B 0/3-23/84

0/3-3/8 0/3-23/04

ཐཱ|│

Spót

Mar,

Apr.

"Spot

0.8. Dollars

$5-1/2

$5-15/32:

Mar.

Apr.

0/3-23/64 0/3-11/32

5-1/2. 5-15/32 5-1/2 6-15/32

Market: Uncertain.

Silver Duty Rate The Central Bank of China's rate on London at 10 am, today) was 1/2-1/21.

The Equalisation rate was 241

per cent

RESERVE BANK OF INDIA STATEMENT

Calcutta, Mar. 12 (Reuter):

Feb. 28 Mar.

Notes in circulation.

Notes (including held in the Bank-

7

ing Department)... 26,896 26,650 Rupee Coin and Bul-

11on in India

Gold Coin and Bul-

lion in India

Securities

3,243

3.197

4,441 4,441

LONDON METALS.

EXCHANGE

London, Mar, 12 (Reuter).

Ti Standard, Cash, Middle

Price, 2269-1/5

Tin, Standard, 3 months, Middle Price, £266-5/8.

PORATION. Rules may be obtain-Authorised Capital... $10,000,000.00

For the Boxokono & Shanghat |Reserve and Undivided

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.

Interest Rates on Application,

NEW YORK, with Resources

over U.S.$3,800,000,000.

D. L. BALLANTYNE,

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

Board of Director.

HON. SIR SHOUsan Chow, Chairman

Li Koon Chan, Esq.

P. K. Kwok, Esq.

Fong Ping Wab Esq.

Wong Tan Tang, Esq. Chan Ching Shak, 28q. KAN TONG PO, Esq., Chief Manager HON. MR. LI TSE FONG, Munager

Branches and Agencies:

'Amoy

Hateria

Рели

Singapore Rangoon Волгабага

Haigon

Evalotin Melbourne San Fran. Sydney

Vancouver

Semarang Brugba 1

Every description, of Banking and of Exchange business transacted. Loans granted on approved securities-

Manager,

A Jabz

WANT ADS

INDO-CHINA

Market irregular, with smelters STEAM NAVIGATION COMPANY. LTD.

purchasing" nears and moderate

selling of forward options, partly iparating Services for Cargo and Pawangers

against Eastern purchases, linked with backwardation,

· SILVER MARKET

LONDON SILVER

London, Mar, 12 (Reuter). Sliver Bear. covering. Few 4,961 offers. Market steady but quies. In the afternoon, the market was 14,050 14,050 very quiet with very small busi-

(Indian Government) ......" 4,961 Securities (British

Government)

Figures in Lakes Rupees)

Calcata Exchange

Calcutta, Mar. 12 (Reuter). TT on Japan, 81-1/4

India Rupee Paper

Bombay, Mar. 12 (Reuter). Govt. 31% Rupee, 95-10-0,

ress,

Spot, 23-7/16a...

`- Forward, '23-3/8d.

BOMBÄY SILVER Bombay, Mar. 12 (Reuter). Market Steady. Offtake 50 bara,

Indian Mint Silver Ready.

Mar. 24 Settlement

63-03 63-01

Apr. 22 Settlement... 09-01

TO-

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

BINGAPORE PENANG and CALCUTTA

SANDAKAN

HAIPHONG

All steamers berth alongside the Roosevelt Terminal in the French Concassion at Shanghai, whore" passengers and cargo are landed:

. For further particuiaik

please apply to

JARDINE MATHESON&Co.,LTD. TELEPHONE KOSIK GENERAL MANAGERS.

Current Accounts opened in Local Currency and Fixed Deposite re- ceived for one year or shorter periode in Local and Foreign Cur rencien on terms which will be quoted on application.

SAFE DEPOSIT Boxes To LET.

KAN TONG PO,

Chief Manager,

BANK OF CHINA

"Specially Chartered by

THE NATIONAL GOVERNMENT.

可 OF CHINA AS AN

INTERNATIONAL EXCHANGE

BANK

PAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerous Branches Fin China, and connections in the principal Commercial Centres of the World, we are able to extend to our Cliente special facilities for Domestic and Foreign Banking and Exchange.

Head Office:--SHANGHAI Hong Kong Branch:

4, QUEEN'S ROAD, C. South China Offices.

CANTON"

BWATOW

SHIUCHOW

KONGMOON TOISHAN KINGCHOW

We also handle the issue of Bonda and other Public Fands of the Chinese Government both at Home and Abroad

SHOUJOHEN,"

Manager.

Technicolor

01

381

312

Техая Согра

351

ed on application.

Paid-Up Capital

31

Texes Gulf Sulphur

359

54

Timken-Arle

314

BANKING CORPORATION."

611

Trans-America Co.

44

32

20th Cent, Fo

B1

V. M. GRAYBURN,

Chief Manager.

Profits

..

.5,898,600.00

..2,083,261.50 ..

14

Union Bag & Paper Corp.

11

Hong Kong. 25th Feb., 1939.

504

Union Carbide & Carbon

68

334

Union Pacific

78

THE CHASE BANK.

ایر

431

United Aircraft:

381

United Airlines Trans

122

144

12

United Corpn

11

Li Lan Sang, Esc.

Wong Chu Son, Esq.

127*

United Corp. $3 cum pi.. 257

131

United Gas Corpn.......

#

62

United Gas Improvement

81

189

US, Industrual Alcohol.

25

J

141

U.S. Rubber

2:2

25

U.S. Rubber $8 pfd,

914

251

US. Smelting

57年

Kowloon

Loudon

114

U.S. Steel

571

Branbay

Manila

ALEKARZ

701

Vanadium

289

462

Vultee Aircraft

*

SAFE DEPOSIT BOXES.

Kalphons Hankow

Moneizlu

Nagka New York Beattie Paris

laco anti

Walworth Co.

47

Kotr

26

134

Warner Bros; Pict

3

21

Westinghouse Elec.

95

This Bank is entirely owned by THE CHASE NATIONAL BANE,

59

Woodward. Iron Cor....

28+*

"334

Chase National-Bank-

-311*

National City Bank

24

Libby. Moneil) & Libby

263*. 54

DOW JONES AVERAGE

Mar. 13, 1041 Mar. 11, High Low Clone.

Change

173.27

28.00

124.04 122.73 123.19

28-14 27.84 27,98 "

.C8 off

.04 off

19.88

19.70 19.50 19.59

.01 up

90.79

90.77

.0% off

60,45

60.53

.08 up

Business Done:~450,000 shares