1941-03-24 — Page 10

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NEW YORK, Mar, 32 (Reuter).

Prev. Today's

New York Cotton, May,

High 10.85

New York Rubber, May ....................... 22,60 Chicago Wheat, May

Transfer. 1/2 7/8

Chicago Corn, May

New York Hides, June

Low 10.78 22.80 ́2255b, 22:45N 10-off 87% 861 €71 87 64 832 832 13.85 13:50 13.63

Close Close Change 10.82 10.78 0 off

637

tup

STOCKS

13,80

.17 up

Adama Express

NEW YORK COTTON. Close

Opening

Closing

Change

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

MARCH 22, 1941.

On London:

Telegraphic

Bank Bills, an demand 1/2 7/8 Credits 4 months' sight'

NEW YORK COMMODITY MARKET

(REUTER'S SERVICE)

NEW YORK STOCK EXCHANGE

QUOTATION (REUTER'S SERVICE)

MARCH 23, 1941.

"MONDAY, MARCH 24, 1941.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital....... 450,000,000

INDIA, AUSTRALIA

- AND CHINA

| Imund & Fully Paid-Up $30,000,000| Incorporated by Royal Charter, 1808

Reserve Funda; ..

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

Sterling......

£3,000,000 £9,000,00

Last Sale

STOCKS

Last Sale

Proprietor

.$90,000,000

Reserve Liability of Pro-

pristors

£5,000,000

Mar. 22

Locer's Inc........

Head Office:--HONG KONG

311

On Shanghai:---

On demand

On Singapore:-

On Japan -

Alleghany Steel Co......

May

10.82/83

10.83/83 10.78/79

.04 of

Loft Incorperated

181

Allis Chalmers

440

July

10.77/77

10.79/79

10.74/74

*:03 off

Aluminium Ltd...

Mack Truck The....

70*

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

Martin, Glen L

On demand

.... 58 3/4

October

10.87/67

10.69/69

10.63/64

.04 off

Amer. Can

851

Chairman,

McKesson & Robbins, pfd.

371

December

10:87/67

10.67/87

10,63 N

‚04" of

“American Gyanamid B.

W. H. Lock, Esq.,

Montgomery Ward

149 1/2

On demand............ 102 1/2

On India:---

Telegraphic Transfer.

and demand 82 1/2

On New York:-

Bank Bills, on demand 24 1/8 Crediis, 60 days' sight 24 7/3

On Batavia:---

On demand............. 40 1/4

On Paris:-

Bank Bills, on demand Nom. Credits 4 months' sight Nom.

On Saigon....

On demand ........................ 104 1/2

On Manila:

On demand ... 48 1/4

On Bangkok:-

On demand .....................

Total sales Friday:-65,900 bales.

NEW YORK RUBBER

May

July (New contract)

January March Spot.

10.65 N.

10.66/66

10.61 N

.04 of

Amer. & Foreign Power

Mtain City Copper Co..

10.63 N 11.15

10.64b/658

1059. N

.04 off

Amer. & Foreign $7 pf. ...

162*

National Aviation

J. K. Bousfeld, Esq.,

11,11

.04 off

Amer. Locomotive

131

Amer. Metals Co. .....................

Nat, Dairy Products

A. H. Compton, Esq.,

172

LJ. Davies, Est,

National Distillers

215*

Amer, Radiator .....

National Lead.......

Amer. Rolling Mill

137

Nat, Power & Light

22.55b/60a 22.15/16

22,60/60 21.90b

22.45 N

.10 off

Amer, 8'ting" and Ring Co. 39†

22,00 N

.15 of

Amer. Sugar Redning

174

National Supply Corp. New York Cential........

September (

December (

> J

21,50/60

21.50/50

21,50/50

unch.

Amer. Tel, & Tel.

1601

Niagara Hudson Power

21.45 A

unquoted

21.35 N

30 of

Amer. Tobacco "B"

681

N. American Aviation

14+

Total sales for the day:-30 tons.

Ame.. Waterworks

North American Co.....

Anaconda Copper

Northern Pacita

CHICAGO WHEAT

Atchison, T. & S. Fe.......

23+

Owens-Illinois Glass Co.

404

May

July

September...

871/871

B44/842

85/85k

87/861

871/87

Aviation Corp. .....

Amoy

Branches: Jobore

HEAD OFFICE; LONDON:

38, Bishopsgate E.0.9. Sub-Agencles In London: 117/182, Leadenhall Street, E.C.S West End Branch: 14/18, Cockapur Street,. 8.Wi

Manchester Branch;' Deputy Chairman, Mosley Street, Manchester,

Hon. Mr. 8. H. Dodwell,

Miskin, Esq.,

K. S. Morrison, Esq.,

Hon. Mr. T. E. Pearce,

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

Chief Manager.

AGENCIES AND BRANCHES.

CALOUTER

RONG HUNG PENANG ILOILO

KARACHI

· ILANG

AGENCIES -Kom

FAIR PLACE

OLIVE STEET, KUALA

CANTON...

LUMPUR

KUCHING

SHANGHA

SINGAPORE

SITIAWAN

· SOUZARETA

ALOE STAR

AMRITSAR

BANGKOK

BATAVIA

BOMBAY

BANGOON

BAIGON

BIBIMBAN

TAIPING

Pacific Gas & Elec

277

841 84+

844/84)

85/851..

off unch

Baldwin Lecometive

Bangkok

Kobe

Packard Motors

Batavia

Kowloon

Rangoon Saigon San

Baltimore & Ohio

| Pan-American Airways

124

Bombay

Kuala

Francisco

Barber Asphalt Co.

81*

Friday's 'sales:-9,621,000 bushels.

Paramount Pictures

111

Calcutta

Lumpur

Shanghai

Barnsdall on

Pennsylvania R.R.

231

Canton

London

Singapore

On Sterling Notes:-

CHICAGO CORN

Bendix Aviation

Phillips "Petroleum

Chefoo

Lyons

Sourabsys

Bank Buying Rate Bar Silver per oz ..............

Now. 43 7/18

Bethlehem Steel

763

Mag

633/639

632/632

637/64

Public Service of NJ, visu

251

Colombo

Malacca

Süngel

July

64b

64/64

841/841

Bilsa & Co.

151

Dairen

Manila

Patani

Pullman Inc.....

Boeing Airplane Co.

154

Foochow

Muar

Ewatow

September

641/64

64tb

Pure Of .....

NEW YORK HIDES

Jurle

September

Silver May

July

London

0/3-1/4

New York

Chinese 5% Gold Bonds,

1925/47

Japan

Indla

Loan, 1988

Market Report,

FROM ROZA BROS.

Saturday, March, 22.

Sulver prices dropped 1/16 yes-

terday for bath deliveries, the

Total sales for the day:82 contracts.

quotations remaining at 23. 7/16 NEW YORK COCUA

for Ready and Forward.

advices reported the market as

being quiet with very little busi-NEW YORK SUGAR NO. 3 ness passing. American Silver was May quoted at 34. 3/4 for Spot.

The London/New York cross- rate 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 Aprli probably May, buyers. at 1/3. 1/32 for any delivery.

U. S. DOLLARS,

There were sellers at 24.1/2 for near, buyers at 24.9/16 for Cash.

...... SHANGHAI DOLLARS Opened with sellers at 453 with business done at 454 followed by transactions at 455.1/4 and 457. The market closed with sellers at! 457.1/2 for Spot.

821b783 83/:83 .88b/.884a .881/.89 Volume of business done:-168 lots. ·

NEW YORK COPPER FUTURES July

11.70b/8ca11.79b/80a

NY. Official Silver...... 34-3/4 NF-London Cross Rate' 4.03-1/2

LONDON STOCK EXCHANGE

(RKUTER'S SERVICE)

London, Mar. 21. The following quotations are the SHANGHAI MARKET Sterling opened with sellers at middle prices at the close of the 3.5/16 bút subsequently eased off market in London. All quotations closing with sellers at 31/4 for are subject to confirmation and no Spot. U.S. dollar opened with sel-responsibilty is assumed for errors lers et 5.13/32 and closed easler in transmission.

with sellers at 5.6/16 for Spot.

War Loan, 31% (Red,

after 1952)

Shanghai Exchange Defence Loan, 3%

Shanghai, Mar. 22 (Reuter).

- Official T.T. Rates

Opening

... 5-6/18 22-1/2

....... 18

Canton-K'loon Rly. 5% 11

Chinese 44% Gold Lwan

1898 (Brit. Issue)

Chin. 41% Anglo-French

HONG KONG STOCK EXCHANGE

March, 22. Only a few transactions were recorded at quotations,

BUYERS

HK Govt 31% Loan, (1934), 94, Bank of East Asia, $70. Canton Ins., $217, Union Ins,, $425.

HK. Fire Ins.. $170. Indo Chinas (Pret.), $80.

Providents, $5.20.

Hotels, $3.10.

Lands, $31.75.

Humphreys, $8.70,

Realtles, $2.95.

Chinese Estates, $100.

Borg-Warner .....

17}

Radio Corpn. of' Am,

Briggs Mig.

*****

213

Reading Company,

Com

141

Harbin

13.63/63 13.65/68

*13,50/56 13,56/80

13.80/85

קט 17.

Budd Mfacturing Corp.

Remington Arms Co., Inc,

43*

Cloilo

10.83/85

.18 up

Canadian Pacific R'way

Republic Aviation Corp.

[pob

Case, J.L

Celanese

Republic Steel

181

221

Chesapeake & Oblo

..... 381

Revere Corp. ....

Chrysler Corpn.

"631

Reynold Tobac. "9"

7.11 N

7.12/13

7.07 N

.04 off

Safeway Stores

382*

Columbia Gas & Elec.

Schenley Distillers

Commercial Credit Co.

2.38b/392 2.41b/42a

2.43b/44a 2.46b/47a

Com, & Southern (Ord.) ...

9/16

Sears Roebuck. .................................

71}

.05 up .05 .up

Shell Union Cli

11**

Consolidated Edison

Socony-Vacunum Of ......

Consolidated Of

various sizes to leb...

Volume of business done:-320 lots NEW YORK SUGAR NO. # May July

Continental Can

Southern Pacific

Southern' Rly. 35 pfd.

211

TRUSTEE and

Continental Oil ....

business undertaken,

Copperweld Steel

14**

Spicer Manufacturing Co.

841b/.858 .88 b/.890

02 up

Ourtiss. Wright (0.)

Standard Brands

.001 up

Stand Gas & Elec.

7/10

Curtiss Wright. “A”

26+

Deere & Co.

201

Standard Ol of California

191

Standard Ou of N.J.

35+

Distillers Corpn. Beagrams

16*.

Stone & Webster

Douglas Aircraft

11.72b/80p unquoted 4.03-1/9

,02 up

Du Pont de Nemours

1451

Studebaker Com,

Swift International

187

Eagle Picher Lead

Eaton Mfg. Co. ....

Elec. Autolite

Elec. Bond & Share

321.

Technicolor

291*

Texas Corpn.

351

Texes Gulf Sulphur

Elec. Band & Share $5 pf. Elec. Bond & Share $6 pr. Elec. Power & Light $7 pf. Flintkate

Timken-Axle .....

301

Trana-America Co.

344.

20th Cent. Fox.

134*

Union Bag & Paper Corp.

Gen. American Trans: ...... Gen. Electric ......... Gen.. Motors

Union Carbide & Carbon

Union Pacific

77+

THE CHASE BANK

421

United Aircraft ...........

371

Gen. Railway Signal

United Airlines Trans ......

127

Gen. Tire & Rubber ...

11**

United Corpn.

-1

Glidden Co,”-

United Corpn. $3 cum pf. 254

HEAD OFFICE:

Goodrich (B.F)

"124

United Gas Corp.

Goodrich 35 pf. s...

611

Wnited Gas. Improvement '8

Goodyear Tire & Co.

UB., Endustrual Aldohol. ..

231*

Great Northern Iron Ore ..

14*

UB. Rubber...

22}

Great Northern Rly, pid.

US. Rubber $8 pid,

801

104-3/16

101-9/16

Great Western Sugar

253

US Smelting"

Greyhound Corpo.

US. Steel

551

Hercules Powder Co.

*39

Vanadium

Homestake Mining:

Vultee Aircraft

SAFE DEPOSIT BOXES-

12223242

Int Mckel

Walworth Co.

Trams, $18.25.

Lights (Old), $8.20.

40-44

Electrics Rts., $39.80.

Inter Paper & Power w Int, Tel & TEL Johnsman

13/

Warner Bros. Pict

21*

Westinghouse Elec.

THE CHASE

This Bauk is entirely owned by NATIONAL BANK,

Woodward Iron Cor.

Paris

Hongkong

nominal 21-5/8

Chinesa 5% Crisp Loan.

1912

Macao Electrics (Old), $17.80, Macao Electrics (New), $16.80. Ropes, $7.

Kentecott Copper Libbey-Owens-Ford Lockheed Aircraft

341

Chase National Bank

314

over U.S.$3,500,000,000.

Glasa: 35

National City Bank........

281*

D. L. BALLANTYNE,

221

Libby. Monelli & Libby

Manager,

Sterling

Chinese 5% Reorg, Loan,

1913 (Lán Ka)

Watsons, sil.

SELLERS

Beliers

Chinese 8% Ster. Notes.

Ropes, $1.40.

Spot

Mar

Apr.

Closing Opening 0/3-5/16 0/3-1/4 0/3-5/16 0/3-1/4 0/3-5/18 0/3-1/4

DOW JONES AVERAGE

1925 (Vickers) Chin Imperial Rly. 5%

Loan Honan Rly, 5%

8-10

apot

Mar: ......

5-13/32

5-5/16

བ བས

Mar. 23, 1941. Mar. 21, High Low Close I#9.47 $7.91 19.81

Chango

Haiphong (Jobors) Tientsin Bankow Mukden Tokyo

New York Tsingtao Peiping Yokohama Penang

MANIZA MIDAN

NEW YORK

PÜLTING

(Peking}

(Bhuket)

TEAM (ITAL- YOKOHAMA

FORON EXCHANGE and General Banking Business transacted

CURRENT. ACC opened and FIXED DEPOSITS received for One Year or shorter perioda in Loesl 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 ascertained at

any of the Agencies and Branches.

W. H. EVANS THOMAS,

Manager.

EXECUTOR

Hongkong, 26th February, 1941.

HONGKONG SAVINGS

BANK

The Business of the above Back is 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, 25th Feb., 1930.

'15, QUEEN'S ROAD, CENTRAL

19, PINE STREET,

NEW YORK An American Bank offering com

plete Foreign Banking Service in the principal Markets of the world.: Interest Rates on Application.

BANK OF EAST ASIA, LIMITED

Authorised Capital.....$10,000,000.00 Paid-Up Capital..... 5,505,600.00 Reserve and Undivided

Profits

2,983,261.50

Head Office;~HONG KONG No. 10 Des Voeux Road, Central

"Board of Director."

HON. SIE SHOUBON CHOW, Chairman Koon Chun. Eaq, Li Lan Bang, Eng. P. E. Kwok, Esq. Wong Chu Son, Esq. Wong Tun Tong, Esq. Fung Ping Wah Esq. Chan Ching Bhuk, Esi, KAN TONG Po, Esq., Chief Manager HON. MR. LI Ter Foxa, Manager

Branches and Agencies:

Kowloon

Pasart Bingapore Bourabaya Hangoon

Barstow

Loudes Mapila

Halgom

Ben Fran. Bydney

contato

Beattle. Vancouver Bemarang

Shanghai

Every description of Banking and

NEW YORK, with Resources of Exchange business transacted. Losas

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" terion which will be quoted on application.

SAFE LEPOSIT Boxxe To Ler.

KAN TONG PO,

Chief Manager.

CAWAPORE

WEBT OOLOMBO DELA) HAIPHONG

CIENTEIN

- MADRAN

TONGKAR

HAMBURG HANKOW

Amoy

Bombay

O teatte

Melbourne

Haiphong

Hankow Hooplain

New York

Kobe

Pripleg

192:42 171.75 121.02

97.80 27.82 27,FT 19.75 19.66 19.70 90.72

Commodity Index 81,77

55 off ,08 of .11 off

61.92 16 up Business Done:—270,000 shares

WANT ADS

SALES HK, Banka, $1,340. Electrics C.Eta, $40.05. Telephones (Old), $24.30. Docks (Old), 15.40 X.D.

LONDON METALS

EXCHANGE

London, Mar. 21 (Reuter).

>Tin, 'Standard, 'Cash, Middle

Price, £273-1/8,

Tin, Standard, 3 months, Middle

(Brit. Stpd.). Tientsin-Pukow Rly. B%

(German Stpd.) Tientsin-Pukos Ely. 5%

(Brit.8tpd. Supl Loan). 12 Tientsin-Pukow Fly, 5%

(Ger. Stpd. Bupl, Loạn) 12 Jap. 6% Ster. Loan, 1924 201-24

Price, 2270-7/8" 10

U.S. Dollara

$5-13/32 .$5-5/16

Apr........ 6-13/32 .5-5/16

Market:--Uccertain.

Silver Duty Rate

Hukuang Rly. 5%, 1911...

LP. N/Y Issue? Buktang Rly. 5%, 1911

German Issue)

Lung Thing & D. Hal

Rly. 5% 1913 8hal-N'King Rly. 5%... The Central Bank of China's | Tientsin-Pukow Rly. 5% rate on London at 10 am, today was. 1/2-1/20.

The Equalisation rate was 241 per cent

Caleat Exchange

Calcutta, Mar. 22 (Reuter). ....TVT--on- Fapan, -81-1/4

India Rupee Paper

Bombay-Mar, 22 (Reuter). Govt. 31% Rupee, 95-15-0.

HONGKONG

SHAREBROKERS

ASSOCIATION Volume of Business Transseted on Saturday, Mar. 22, 1941. SALES

| Gér, -7% Intl Lorn, 1824 - 51

Chartered Bank

Market steady.

SILVER MARKET.

BOMBAY, SILVER Bombay, Mar, 22 (Reuter),

Market Steady. Offtake 200 harg.

High

1940/41

Low Dow Jones Averages 162.80 111.64 30 Industriala

39.67 29.15 20 Railo 28.45 18.03 20.Utilities 92,19 83.06 40 Bonds

64.07 48.74 12

INDO-CHINA

STEAM NAVIGATION COMPANY LTD

Operating Services for Cargo and Passengers

SWATOW, SHANGHAI, TSINGTAL, DREVOO

and TIENTSIN

KOBE and OSAKA

SINGAPORE, PENANG and CALCUTTA

SANDAKAN

HAIPHONG

All steamera berth alongside the Roosevelt Terminal in the French Concassion at Shanghai,where passengers and cargo are landede zi

B.K. & 8hal. Bank (Lda.

Reg.)

Indian. Mint Bilver

Ready

63-03

HK" & Bhai Banx (Col"

Pet)

April 22 Settlement

83-04

Chimese Eng, & Mining

May 21 Settlement

03-08

(benrer)

16/-

Chosen Corporation

41-

Mercantile Bank of In-

Dunlop Rubber

33/3

dia. 25, "Gy?r..

1011

Bristol Aeroplane

10/11

Pekin Syndicate

1/8.

Imperial Chemical Ind. 30/11

HK Flect. XD. C.R. 50 FE: Docks (Old)

200

$40.05 16.50

Bhai Elec Constr. Co.... Brat WaterworkE."A" 111t Union, meurance

23 Gula Kalimpong Rubber 15/9

RIY 12 Med 331

--10/~

United Steel

20/8

Woolworths

47/3

For further partibulare-

please apply to

Maraman Investmenta 2. 6/6. Western Holdings: 9/45

145/-

250

The total value, la $5,30250.

rest Western Mational Bank of India. 313.

(bakkery." - 68/8-

Shell TraTVE

Trad.

(bearer)

41/3

INE MATHE

TELEPHONE ZOJIL GENERA

BANK OF CHINA

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

A BANK

PAID-UP CAPITAL $40,000,000.00` .... (Branches ALL OVER ÓHINA)···

Owing to our numerous Branches in China and connections in the principal Commercial Centres of the World, we are able to extend to our Cliente apecial facilities for Domestic and Foreign Banking and Exchange.

Head Office: SHANGHAI Hong Kong Branch:

4, "QUEEN'S ROAD, C. South Ching Offices." CANTON N KONGMOON SWATOWĄ TOISHAN

SHIUCHOWKINGCHOW: -

We also, handle the issue of Bonda and other Public Funds of the Chinme Government both at Home and Abroad.Az AHOU CHEN.

1941-03-24 — Page 10

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