1941-03-20 — Page 10

Prev. Today's High Low Close Close 10.85 10.69 10.62. 10.81 22.41

21.80

22 406 21.80 88 861

·647 69

.08 off

801 872

18 up

63 641

1 up:

* STOCKS

19.90 13,48 13.70: 13.88

18 up

On Shanghai:-

May

Close 10.62/63

Opening

Closing

Change

Adams Express

Alleghany Steel Co.

10.69/70

10.91/81

19 up

Allis Chalmers

July

19.58/58

.10.69/68

1078/78

.20 up

On Singapore:-

Alur infum Ltd,

October

10.50/50

10.54/55

10.89/69.

10 up

On demand

52 3/4

Amer. Can

10.48/48

10.53/53

10.69/89

2 up

Co Japan:--

American Cyanamid B. ..."

January

10.47 N

10.53/53

10.67/67

20 up

On demand

108 1/2

Amer. & Foreign Power ...

On India:-

March Spot

10.44 N 10.95

10,50/62

10.65/65 11.14

21 up

Amer Foreign $7 pf....

19 up

Telegraphic

Transter.

Amer. Locomotive .....................

and demand

82 1/2

Amer. Metals Co. T

On New York:-

On Batavia:-

On demand

On Paris:-

On Manila:-

Bank Bills, on demand 24 1/8 Credfis, 60 days' sight 24 7/8

............... 45 3/4

Bank Bills, on demand Nom.

Credits & moriths' sight Now.

On Saigon:

On demand

On demand

On Bangkok:-

On demand

NEW YORK RUBBER May....

Amer. Radiator

Amer. Railing Mill

22.400

22.41/42.

21,80/85

60 off

July (New contract)

21,85b

21.75b95a

21.50/50

.35 off

Amer. Sting and Ring Co. 401

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

MARCH 19, 1941

On London: ------

Telegraphic Transfer. 1/2 7/~ Bant Bills, on demand 1/3 7/2 Credits 4 months' sight

On demand 440

NEW YORK COMMODITY MARKET

(REUTER'S SERVICE)

NEW YORK, Mar. 18, 1941.

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

December

Total sales Monday:-208,000 bales

Change

.19 Lp

NEW YORK STOCK EXCHANGE

QUOTATION

(REUTER'S SERVIUE)

MARCH 19, 1941

Is"

THURSDAY, MARCH 20, 1941.

BANKS

HONGKONG. & SHANGHAI THE CHARTERED BANK OF"

BANKING CORPORATION

INDIA, AUSTRALIA

SAND CHINA

Authorised Capital $50,000,000

Issued & Fully Paid-Up 490,000,000 Incorporated by Royal Charter, 1880

Reserve Funds:

Sterling

RUSITANT

....£3,000,00 £3,000,00**

£3,000,000

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

Reserve Lisbility of Pro- Reserve Liability of

priators...

Chairman.

HEAD OFFICE: LONDON:

38, Bishopsgate E.C.S. Sub-Agencies in London: 117/123, Leadenhall Street, E.C.1 "

West End Branch: 14/16, Cockspur Street, S.W

Manchester Branch:

62, Mosley Street, Manchester, 2. AGENCIES AND BRANCHEŞ-

ALOS STAR AMRITEAR

BANGKOK BATAVIA

HONG KONG PENANG LEGILO

BANGOON

IPOH

KARACHI

BAIGON

HERMBAN

Last Sale

STOCKS

Last Sale

Proprietors

$90,000,000

Mar. 18

Mar, 18

51

Loew's Inc.

Head Office:--HONG KONG

321

2:2

Loft Incorperated

18+

291

Mack Truck Inc.

291

731*

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

Martin, Glen L

29

861

McKesson & Robbins, pid. 254

33

W. H. Lock, Esq.,

Montgomery Ward

7*

3771

M'tain City Copper Co."

Deputy Chairman.

163

National Aviation

J. K. Bousfeld, Esq.,

91*

134

A. H. Compton, Esq.,

Nat Dairy Products

194

187

L J. Davies, Esq.,

National Distillers

212

62

Hon. Mr. S. H. Dodwell,

National Lead

187

144

G. Miskin, Esq.,

Nat Fower & Light

6

K. 8. Morrison, Eaq..

National Supply Corp.

51

Hon. Mr. T E. Pearce,

September (

H

}

21,43/43

21.50 A

21.00b

43 of

Amer, Sugar Refining

181

BOMBAY

New York Central

127

December {

}

21.20 N

unquoted

20.90 N

.30 of

Amer. Tel, & Tel

162

Niagara Hudson Power

27

Amer. Tobacco "B"

881

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

DALOUSTA

ILANG

HANGHA SINGAPORE

AGENCIES:

Total sales for the day:-220 CHICAGO WHEAT

tons.

N. American Aviation

151

Amer, Waterworks

61

North American Co...

Chief Manager. Pizanax Praca-

QATE BERET

ко KUALA

·BITIAWAN

BOU BABAYA

157

LUMPUR

Anaconda Copper

241"

Northern Pacific

May"

104 1/2 July

86,861 381/861

871/871

IR WD

Atchison, T. & S. Fe

241

Owens-Illinois Glass Co.

441

827/83

83/831

84/842

17 up

Aviation Corp.

31-

A moy

Branches Jobore

W

Pacific Gas & Mec

27

September

831/83)

851/851

12 up

Baldwin Lecometive

154

Bangkok

Kobo

Packard Motors

21

Batavis

Kowloon

Baltimore & Ohio

Rangoon Saigon San

3p

Monday's sales;—11,291,000 bushels,

Pan-American Airways"

123

Barber Asphalt Co.

dombay

Kusla

94

On Sterling Notes:-

Bank Buying Rate

May July

149 1/2 | CHICAGO CORN

Now

Paramount Pictures

113

Calcutts

Lumpur Shanghai

Barnsdall OF

81

| Pennsylvania R.R

23

Canton

London

Singapore

63/53

831/63

64/64

14

כנן

Bendix Aviation

354

Phillips Petroleum

381

Chefoo

Lyons

631/64)

634/691

market as being May

Bar Silver per os... 93 1/2

Market Report

FROM ROZA BROS.

Vednesday, Mar. 19. Silver prices were unchanged yesterday, the quotations remain-!

ing at 23.1/2 for Ready and 23.7/

Total sales for the day-184 lots. NEW YORK COCOA

16 for Forward. Sliver advices NEW YORK SUGAR NO. 3 reported the

steady with very little business July

passing. American Silver WAS Volume of business done:-371 lots quoted at 34.3/4 for Bpot.

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

1/2.

September

63/63

-641/641

64/64

up

Bethlehem Steel

801-

Public Service of N..

Colombe

Malacca

254

Sungei

מנו

Bliss J Co.

181

Dairen

Manilu

"Patani

Pullman InC............

Boeing Airplane Co.

161

Foochow

Muar

Swatow

NEW YORK HIDES June

Pure Ou

71

Borg-Warner

174

Haiphong

13.70/70

13.58/65

13.88/89

18 up

Briggs Mfg.

Radio Corpn. of Am

41

"Bankow

214*

Tokyo

September

13.73/73

13.55-63

13.02/95

.19 up

Reading Company,

Cam

141

Harbin

Budd Mfacturing Corp.

4

נו

"י.

Remington Arms Co., Inc.

5*

Canadian Pacific Riway

31

Hoilo &

Case, JI

Republic Aviation Corp.

4+

Ipoh

Penang

49

Republic Steel

194

Celanese

231

May

7.06 N

7.07/07

7.26 N

.28. up

Revere Corp.

10

Chesapeake & Ohio - Chrysler Corpn.

391

867

Reynold Tobac. "B"

31

2.38b/39a.

2.41b/42a

2.38b/40a 2.42b/43A

unch. 01. up

/ “Columbia Cas & Elec.

Commercial Credit Co. Com & Southern (Ord.) Consolidated Edison

4.

Safeway Stores

381.

Schenley Distillers

བླླ།

291

Sears Roebuck

731

11/18

Shell Enion Oil

quoted on application.

117

214

Consolidated Ou

SA

Socony-Vacunum Qu

Bouthern Pacific

MARKET

Stagnant,

STERLING

.81b/.81ja .81/.81 .851b/.86a .851/.85). Volume of business done:-158 lots. ." NEW YORK COPPER FUTURES July

.82b/.821a 86b/.86

01 up

Continental Can

37

91

odi up

Continental Oil

181

Southern. Rly $5 pid.

227

Copperweld Steel

34

Spicer Manufacturing Co. 331* ̈

Curtiss Wright: (C.)

Standard Brands

91

Stand Gas & Elec

#1

Curtiss Wright “A”.

261

sellers at 5.7/16 and

closed

London

New York

7&pan

£

Hotels, $3.10. Lands, $31.75.1

104-3/16

101-9/16

a Canton-Kloon Rly: 6% 11

Chinese 41% Gold Luan.

42

40-44

46

Opening

.... 0/3-1/4

Chinese 5% Crisp Loan.

1912

Watsons, $10.90.

24

5-5/18

Chinese 5% Reorg, Loan.

SELLERS

Indla

22-1/2 18

1913 (Lan L.) ......

31

Paris Hongkong

nominal 21-5/8

Chinese 8% Ster. Noter.

1825 (Vickers)

Sterling

Sellers

Opening

Closing

Huruang Rly 5%, 1911..

Spot

... 0/3-5/18

0/3-5/16

L.P. N/Y Issue) 14

ΜΑΣ,

0/3-5/18

0/3-6/16

Apr.

0/3-5/16

073-5/16.

U.S. Dollarn

Hukuang Rly. 5%, 1911

German Issue Lang Tring & U Hal

12

Spot

$5-7/16

$5-13/32

Rly. 5% 1913

12

Mar,

5-7/16

6-13/32

S'hai-N'King Rly. 5%...

14

Apr.

5-13/32

5-13/92

Tientsin-Pukow Rly, 5%

Market: Quiet,

(Brit, Stpd) ........................ 12 flentsin-Pukow Fly. 5%.

(German Stpd.)

......................................... 11.62b/57a 11.60b/85a 11.65b/63a No bustnese was reported. There N.Y. Official Silver 34-3/4

34-3/4 were sellers at 1/3 up to May, bay-NY-London Cross Rate 4.03-1/2

4.03-1/2

ers at.1/3.1/32 for any delivery.

U. S. DOLLARS

Nothing doing. There were sell

ers at 24.1/2 for near and pro- bably May, buyers at 249/16 for Cash.

SHANGHAI DOLLARS Opened with sellers at 450 with business döne subsequently at

LONDON STOCK EXCHANGE

(REUTERS SERVICE)

London, Mar. 18. 450.1/2, 451.1/4 and 451.1/2, At The following quotations are the the close there were sellers atdale prices at the close of the 451.1/4 for Spok and buyers pro bably at 451.1/2,

SHANGHAI MARKET Opened with sellers of Sterling

at 3.5/18 and then steadied up" to

market in London: All quotations are subject to confirmation and no responsibility is assumed for errors in transmission.

3.31/64. At the close the market Wer Loan, 31% (Red) was back agai to 3.5/16 for after 1962)

Spot, US Dollars opened with Defence Loan, 3%

shade easier at 5.13/32 for Spot.

1898 (Brit. Issue)

Shanghai Exchange Chinese 5% Gold Bonds,

"

Shanghai, Mar. 19 (Reuter).

Official T.T. Hates

1925/47

Chin. 41% Anglo-French

Loan, 1908

HONG KONG STOCK Elec. Autolite

EXCHANGE

Government 31% Loan in the lead was followed by, a representa- tive list during morning's trading. BUYERS

HK, Govt. 34% Loan (1934), 94. Bank of East Asia, $70. Wharves, $93.

Docks (O), 18.25.

Providents, 35.15.

Humphreys, $870.

Realties, $3.10.

Lights (O), $8.20.

Electrics (0), $41. ·

Electrics (N). $40.90.

Macao Electrics (0), 317.80. Macao Electrics (N), $16.80, Telephones (0), 524.

Cements, $17.20.

Standard Off of California

194

.03 up

Drere & Co.

204

Distillers Gorpn. Seagrams

Standard Oil of NJ.

354

164*

Douglas Aircraft

741.

Stone & Webster

Du Pont de Nemours

1461

Studebaker Com

61

Swit International

184

Eagle Picher Lead,

91

Eaton Mig. Co. 17

Technicolor

337

31

Texas Corpn.

353

Elec Bond & Share

32

Texes Gutt Sulphur

352

Elec. Bond & Share $5 pf.

$51

Timken-Axle

313

Elec, Bond & Share $6 pf.

64

Trans-America Co.

41

Elec. Power & Light $ pi.

33)

20th Cent. Fox.

6

Flintkote

137

Union Bag & Paper Corp.

119

Gen. American Trans.

51#

Union Carbide & Carbon

671

Gen. Electric

334

Union Pacific

781

THE CHASE BANK

Gen Motors

434

United Aircraft

39

Gen. Railway Signal

14

United Airlines Trans

· 131

Gen. Tire & Rubber

121

United Corpn.

1*

Glidden Co.

Goodrich (B.F.)

131

| United Corpn. $3 cum pt. 25)

131

United Gas Corpn.

Goodrich $5 pt. ....

631

United Gas Improvement

81

Goodyear Tire & Co.

182

US, Industrual Alcohol

25

Great Northern Iron Ore

14

U.S. Rubber

231

Great Northern Rly, pfd..

251

US. Rubber #3 pfd.

9:2

Great Western Sugar

25

U.S.-8melting

574*

An American Bank offering common.

plete Foreign Banking Service in the principal Markets of the world.

Greyhound Corpn.

117

›0.9. Steel

58%

Interest Rates on Application,"

Hercules Powder Co

71

Vanadium

271

Homestake Mining

Int Nickel

Chin. Imperial Rly., 5%

Loan Honan Rly 5%

བྷཱུ སྶཏྟཱཏྠཱས བས

Inter. Paper & Power int. Tel. & Tel

Johnsman

8-10

EK

47

Silver Duty Rate

The Central Bank of China's |

rate an London at 10 am, today: Tientsin-Pukow Rly. 5% was 1/2-1/2a.

12

(Brit. Stpd. Supl, Loan) 12° The Equalisation rate was 247 Tientsin-Pukow Fly. 5% per cent

Calcuna Exchange

Calcutta, Mar. 18 (Reuter). T.T on Japan, 81-1/4

India Rupee Paper

London, Mar, 18 (Reuter). Govt. 34% Rupee, 95-14-0,

LONDON METALS

EXCHANGE

London, Mar. 18 (Reuter).

Standard, Cash; Middle Price. £271-3/8"

Th

(Ger. Stpd. Bupi.. Loan):12 Jap. 6% Ster. Loan, 1924 211–247 Ger, 7% Intl Loan, 1924 5 Chartered Bank E & Shal Bank (Lần

Reg.

זיר

Telephones (0), $24.50.

SALES

Govt. 31% Loan (1934),

. 94.50..

Docks (0), $18,50..

Providents, $5.20/15,

Trams, $16,23,

Lights Rts., 75 cts. Electrica (O), $41.16. Ropes, $8.10. Watsons, $10.90/11. Entertainments, $7.20.

SILVER MARKET LONDON SILVER London, Mar 18 (Reuter), Silver -- Little trade buying. Offers light. Market steady. In the afternoon, buyers were satis- fied and the market was steady.

Spot, 23-1/2a, Forward, 23-7/188.

BOMBAY SILVER

Bombay, Mar. 16 (Reuter). Market-Steady! Otake 50. bars.

Ready

Indian Mint Silver

62-13

62-14

Apr, 22 Bettlement May, 21 Settlement 63-01-

LONDON GOLD

Kentecott Copper Libbey-Owens-Ford Lockheed Aircraft

High

1840/41

DOW JONES AVERAGE

Low Dow Jones Averages 152 80-111,84 30 Industriale

32.67 29.16 10. Raile 20.45 18,03 20.-Utilities 02.19 83.06 40 Bonds 84.07 48.74 11

Mar. 19, 1941. Mar. 17, High Low Close

קס 46

Change

1.2.46

124.70 1-3.07 1233.92

29,07

5.14 27.91 248

18.70

18.79 18.60 18.65

Commodity Index

91/2 61.14

DIJA 61.68

1. up 05 off .10 up 7% up

Business Done:--410,000 shares

This Bank is entirely owned by

THE

CHASE NATIONAL BANK, NEW YORK, with Resources of

D. L. BALLANTYNE.........

Manager.

Akab?

WANT ADS

INDO-CHINA

STEAM NAVIGATION COMPANY LTD.

Operating Services for Cargo and Passengers

TO

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN

KOHE and OSAKAT

SINGAPORE, PENANG and CALCUTTA

SANDAKAN

HAIPHONG

All steamers berth alongside the Hoosevelt Terminal, in the French Concassion AL Shanghai, where, passengers and cargo are landed,

84

75

| HK. & Shai Bank (Col.

Peg) Chinese Eng & Mining

(bearer)

Chosen Corporation Mercantile Bank of In-

17/- 41-

dia, £6, "G" 1047 Pekin Syndicate ......... 1/8 S'hal Elec. Constr. Co. 12/6 B'hal Waterworks "A"

1111 UnionTM Insurance wit 23

Bombay, Mar. 18” (Reuter), Bar Gold Fine per oz, 168-

United Steel

Woolworths

20/6 48/-

For further particulus

please apply to-

Maranan Investments 6/8 Western Holdinga. 10/- Bub-Nigel

14210

hell Tran

Trad

10/11/ Imperial Chemical Ind–29/4

** (bearer): „ bus

div

Tin, Standard 3 months. Middle Gula Kalumpang Rubber 15/9 Price, 2260-3/4. «

Lon MIG & Scot Rly. 12 Market barely steady. After Great Western Rly 351 hours, 50 tons were soldat un National Bank of India. 813 changed prices. As from April 1, 8-A Tob (bearer) 8573 tin plate exports will be permitted Dunlop Rubber

3270 only for the purpose of alding the Bristol Aeroplane:

war effort

MARDINE!

TELEPHONE 2O3IL

ATHESO

ENERAL

NAGERS

Pari

Parang

Every description of Banking and Exchange business trausacted. Lomua granted on approved securities.

Current Accounts speued in Losal Currency and Fixed Deposits re- ceived for one year or shorter periods in Local and Foreign Our rencies 00 terms - which will be

moted on application.

Baru EXPOSIT Boxes To Lar.

KAN TONG PO

Chief Manager.

BANK OF CHINA

Specially Chartered by THE NATIONAL GOVERNMENT

OF CHINA AS AN A INTERNATIONAL EXCHANGE-

BANK

PAID-UP CAPITAL $40,000,000,00 (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

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

KONGMOON

CANTON

SWATOW

SHIUCHOW

TOISHAN KINGCHOW

We also handle the issue of Bonds and other Public Funds of the Chinese Government both at Home and Abroad

SHOUT CHEN

472

Vultee Aircraft.

SAFE DEPOSIT BOXES

Francisco BAIPHONG

Bourabaya

(Johore) Tientsia Makden

New York Tsingtao

Peiping ... Yokohama.

HAMBURG HANKOW

НЕЯ ТОБЕ PRIPING

(Peking)"

TIENTSIM

TONGKA

.(Bhuket)

TRINOTAL: TOKOHAMA

FOREIGN EXCHANGE and General Banking Business transacted.

CURRENT Accours opened and FIXED DEP0811 received for One Year or shorter perixis in Local at Other Currencies st rates - which will be quoted on application.

SAVINGS ACCOUNT 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 recover of

SAFE DEPOSIT BOXES of various sizes to "let

TRUSTEE and EXECUTOR business undertaken. Hongkong, 28th February, 1841)

HONGKONG SAVINGS

BANK

The Business of the above" Bank a conducted by the HONGKONG

SHANGHAI BANKING COR PORATION. Rules may be obtain ed on, application.

For the HONGKONG & SHANGHAI BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager, Hong Kong, th Feb., 1932.

15, QUEEN'S ROAD, CENTRAL

HEAD OFFICE:

18, PINE STREET.

NEW YORK

British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.

W. H. EVANS THOMAS,

Manager.

BANK OF EAST ASIA, LIMITED

Authorised Capital....$10,000,000.06 Paid-Up Capital 5,398,000.00 Reserve and Undivided

Profits

..2,783,261.50

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

Board of Director.

HON. SIR SHOUSON CHow, Chairman

Koon Chan, Esq.

La Lan-Sang, Eng Wong Chu Son

F. K. Kwok, Esq.

Esq.

Wong Yun Tong, Esq. Fang Ping Wah Esq.

han Ching Shok, Esq.

KAN TOXO Po, Esq, Chief Manager

Ma, LI TER FONG, Manager

Branches and "Agencies:

Kowloon Penang Singaporo London

Hangou Sourabaya Zon

Ben Fran- Brdour

sime Teatrin

VANDOUTER

Denisring

CANTON CAWMPORI

TAIPING

KUCHING

MADRAS

CEB

COLOMBO

DECH?

MANILA

MEDAN

Amoy 10%

Bombay

Jakontia

Maibooris

capeat

25 AMERITER

Bankow

bew York

momolala

201

WalworthTM Co.

141

Warner Bros. Pict.

21*

Westinghouse Miec,

41

Woodward Iron Cor."

228

341

Glass 35

321

Chase, National Bank National City Bank ........... Libby. Moneill & Libby

324*

over U.B.83,800,000,000.

271*

57