Telegraphic Tronster. 182 1/3 and demand
On New York:-
Bank Bills, on demand 24 1/2 Credits, 60 days' sight 53 1/8
Un Batavia:--
SPOT APRIL-JUNE JULY-SEPT
New York, January 13.
January 13 Closing Opening Closing Change "Buyers Buyers
38-1/4 37-3/4
37-7/8 of 3/8 36-7/8 36-3/8 36-1/4 of 5/8 35-3,/4 35-3/8 35-1/8 0 5/6
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
JANUARY 15.1941
On London:-
Telegraphic Transfer. 13-16 Bank Bills, on demand 2 1316 Credits 4 months' sight 1.3 5,39
On Shanghai---
On demand
On Singapore:
On demand
On Japan:**
On demara
"On India:-
PAYNE & CO.
COMMODITY BROKERS - STOCK EXCHANGE BUILDING HONGKONG
COMMODITY MARKET REVIEW"
(FROM PAYNE & CO.)
201
2 1/2
03 3/4
SINGAPORE RUBBER
Previous
NEW YORK STOCK EXCHANGE
QUOTATION
JANUARY 14, 1944...
BTOCKS
TUESDAY, JANUARY 16, 1940.
BANKS
HONGKONG & SHANGHAI| THE CHARTERED BANK OF
BANKING CORPORATION
INDIA, AUSTRALIA
AND CHINA '
Authorised Capital.................... $50,000,000-
STOCKS
Last Sale
Adams Express
Jan. 13
3
Last Balt Jan, 13
Alleghany Steel Co.
Kennecott Copper Iakey Foundry & Mac.
Sterling
351
4
Allied Stores
Libbey-Owens-Ford
Glass
484
Proprietorsri's
.$90,000,000
H.E. Currency Reserve $10,000,000 Reserve Liability of Pro- Reserve Liability of
Issued & Fully Paid-Up $20,000,000 Incorporated by Royal Charter, 188$ Reserve Funds:
Paid-Up Capital £8,500,000 Reserve Fund
.....£3,000,000.
£3,000,000
prietors
£3,000,006
Allis Chalmers .....
Aluminium Ltd
302 09
Lockheed Aircraft
HEAD OFFICE: LONDON:
281
Loew's Inc.
341
Head Office:-HONG KONG
Awser. Can
1143
Mack Truck Inc.
251
American Cyanamid B
321
Martin. Glen L.
361
Amer, & Foreign Power ...
2
McKesson Robbins, pfd,
Amari & Foreign #7 pf...
237
Monsanto Chemical
1041
American Gas & Mec.****
18*
Montgomery Ward
51
Amer. Locomotive
191
National Aviation
Board of Directors: Hon. Mr. A. L. Shields,
Chairman, II. V. Wilkinson, Esq.,
Deputy Chairman.
111
Amer, Metals Co. Amer. Radiator
23
Wat. Dairy Products
181
91
Nat Distilless
23-4
J. K. Bousfeld, Esq., A. H. Compton, Esq.,
Amer. Rolling Mil
151
Hon. Mr. S. H. Dodwell,
National Gypsum
11
D. F. Landale, Esq.,
Amer. B'ting and R'ing Co.
47)
National Lead
20
G. Miskin, Esq.,
On demand
Ob Paris:-
43 1/3
The market was quiet. LONDON RUBBER
Amer, Sugar Refining
191
Nat. Power & Light
81
K. S. Morrison, Esq.,
Amer, Tel és Tel ..............
1687
National Steel Corp.
691
Hon. Mr. T. E. Pearce,
buyer
Previous close Today's close
buyer
Amer. Tobacco ""
863*
Nat Supply Corpu.
8
C. C. Roberts, Esq...
Change
SPOT
APRIL-JUNE
On Saigon ----
JULY-SEPT.
On demand
Du Manila:-
On demand
On Bangkok'
On demand..
Sterling Notes:-
Bank Bnying Rate
B
Bar Silver per os.
Market Report
..... 130 1/4
39
1/37/8
22 3/8
NEW YORK
New York Cotton, Mar.
Sterling
นขบ
New York Rubber, Mar. Chicago Wheat, May
New York, Hides, Mar. NEW YORK COTTON
Shanghai Dollata
307.
July (New contract)
(ditto)- October December ( Spot.....
Bank, Bills. rn demand,185 Credits 4 months' sight 1140
........ 1/4
FROM ROZA BROS.
Silver prices were unchanged over the week-end, the quotations de- remaining at 22.3/8 for both liveries.
Silver Was American quoted at 34.3/4 for Spot.
The Lordon-New York cross-rate was quoted at 402.1/2. New York- London was quoted at 197.1/8.
Market
Extremely dull,
NEW YORK Cotton: Considering the extent of the selling, the market acted well and we see nothing in the immediate situation to warrant any important decline. We believe the possibilities are. on the long side.
NEW YORK RUBBER: Some Trade support appeared on easy spots. Business in c.l.f, rubber was small
CHICAGO WHEAT: Local buying held the market steady unit!" pear the close, when increased offerings and liquidation had an
Outside Interests were small. effect.
NEW YORK STOCKS: Previous close. 145.96 Today's close.
145.19; Change Of 77.
COMMODITY MARKET
(By Courtesy of Messrs. Swan Culbertson & Fritz and
There were sellers at 1/2.15/16 Chicago Corn. May January and 1229,32 February March, buyers at 1/2.31/32 Casa and 142.15/16 March, probadly February.
January March
May
U.S. Dollars There were Sellers at 24.11/16 July Cash and 24.5 8 January, buyers at 24.34 Cash and 24.11/16 Jan- uary.
8, E. Levy & Company)
Bliss & Co.
11-3/4
Amer. Waterworks ..............
103
New York Central
182
Sir Vandeleur M. Graybum,
11-11/16. 11-9/16
Closed
Anaconda Copper
28
Niagara Hudson Power
51
Atchison, T. & S. Fe.
227
N. American Aviation
+23+
Auburn Mators
North American Co.
221
Baltimore & Ohio
51
Northern Pacific
B1
Amoy
Branches: Ipob
Barber Asphalt Cr Barnsdall Oli ... Bendix Aviation
131
Owens-Dlinola Glass Co.
61
Bangkok Johore
121
Pacific Gas & Mec.
324
Batavia
Kobe
Penang Rangoon Saigoo
271
Pacific Lighting
49+
Bombay.
Calcutta Kuala
Bethlehem Steel
731
Packard Motors
31
Canton
13
Paramount Pictures
71
Chefoo
Boeing Airplane Co. Borg-Warner
*
Pennsylvania H.P.
21+
Colombo
234
Phelps-Dodge
351
Dairen
Bigga M'facturing Brooklyn-M'hattan Trans. Brooklyn-Manhattan $3 Canadian Pacific R'way. Case J. I
20+
Phillips Petroleum
39
Foochow
144
Pittsburg Cake & Iron
7**
Haiphong Muar
61
Public Service of NJ.
40
5
Pullman mc.
271
·70*
Pure Ollies expresse
81
Celanese
271
Radio Corpn. of Am, mit
51
Chesapeake & Oblo
394
Reading Company, Comm
141
Chrysler Corpo
83
Reading Company, 1st pla
25+*
Climax-Molybdenum Co. Colts Patent Fire-Arma
Remington Arms Co., Inc.
41+
80+
Republic Aviation Corp. ...
Prev. To-day'ı
Columbla Gas & El.
Repubilc Steel...
20
High
Low
Close Close Change
Columbia 8% “A” þf.
89+
Revere Cop. & Brass Inc.
121
10.94
10 89
19.04
18.58
10.93 19.12 19.01 .11. of
10,92 .01 of
Commercial Credit Co.
47
Reynold Tobac. "5"
401
Com, Southern (ord)
11
Richfeld Of ......
71
4.
391
97.
982 $81.
oft
Consolidated Edison
30
Safeway Stores
441
58 571
57+ 573
up
Consolidated Oll
77
Schenley Distillers
12
Close
14.67 14.50 Opening
14.55 14.52
Closing
.03. of
Continental Can-.
421
Bears Roebuck
817
24
Change
Continental Oli ......
Shell Union Oll
11
Copperweld Steel
-15*
Socony-Vacuura Oli
117
10.07/97
10.97 A
10.99/99
.02 up
Corn Products
62}*
Southern Pacifc.......
131
10.93/94
10.91/90
10.92/93
01 of
Curtis Wright (C)
94
southern Rly $5 pid.
301
10.67/67
10.64/63
10.65/66
,02 off
Curtiss Wright "A"
281
10.28/27
10.23/22
10.25/25
.01 off
Sperry
43
10.46/46 10.43/43
10.45 N
.01 of
Ocere & Co.
201
Spicer Manufacturing Co. 301*
9.70/70
9.88/66
9.66/87
Distillers Corpn. Seagrams
181
04 off
Standard Branda .............................
9.62 N 11.21 N
9.50/60
9.58/58
.04 off
Douglas Aircraft
76
Stand Gas & Elec, ............Are
21
Du Pont de Nemours
177
11.15 N.
,06 ofr
Standard Oll of California
25
Volume (in contract of 100 bales each) 105,000 bales NOTE: January cotton, last notice day: 17.1.40.
Eagle Picher Lead
*༧༦༤-དབྷཱས་མ**
10%
Standard Oil of N.J.
431
Eaton Mig. Co.
201
Stone Webster
114
Elec, Autolit
36
Studebaker Cam,
in
business
Shanghai Market
Sellers for Spot at 4.55/84 and
US Dollars at 7.31/32.
Afternoon Market
The market was quiet afternoon and no reported.
Sterling
The market closed with sellers at 1/2.15/16 January and 1/2.29/32 February March; buyers at 1/2. 31/32 Cash and 1/2.15/16 March. probably February
July September
Friday's sales:-34.447,000 bushels. CHICAGO CORN
NEW YORK RUBBER
Elec, Bond & Share
7+
Swift International
31
March
May
July
19.12/15 19.03/00 18.80/03 18.51/50 18.40/40 18.22/21
the September was December
18.15b/20a
19.01/01 18.60/60 18.29/33 13.00b
.11 of unch. .11
15 of
Eles. Bond & Share $5 pt.
80
Technicolor ...........
132
Elec, Bond & Share $6 pi
67
Texas Corpn.
44
BANK OF EAST ASIA, LIMITED
oft
Elec. Power & Light 7 pf.
324
Fisk Rubber ...........
14
Fexes Gulf Sulphur
331
Trans-America Co.
52
18,00b/04a
18.00b
unch.
Fintkote.....
181
20th Cent. Fox.
12
Authorised Capital.....$10,000,000,00 Paid-Up Capital
Total sales for the day:640 tons. CHICAGO WHEAT
Gen. American Trans.
531
20th Cent. Fox. slipf.
241
Gen, Electric...
387
Union Carbide & Carbon
82
{
Gen. Motors
51
Union Pacific
931
May
951/96
981/981 983/99 931/981 961/981
961/981 963/901
95-1/951
0 of
Gen Railway Signal
.161*
United Aircraft
01 of
Gen. Tire & Rubber
21
United Airlines' Trans.
147
01 off
Glidden Co. *********
171
United Corpn.
Goodrich (B.F.)
174.
Goodrich $5 pl.
64
United Corpn. $3 cum. pf.
United Gas Corpn......
U.S. Dollars
The market closed with sellers at 24.11/16 Cash. 24.5/8 January September and 24.9 16 February, buyers 20 24.3/4 Cash and 24.11/16 February.
Shanghai Dollars Sellers at 306.1/2, buyers, at 307.
SHANGHAI MARKET
May July
574/571
772/571*
57/673
0 .up
Goodyear Tire & Co.
221
571/572 581 B
577/576 581/583
Great Northern Iron Ore
174
United Gas Improvement 14
01 up
01
up
Great Northern Rly, pid.
231.
U.S.. Industrial Alcohol.
Great Western Bulgār
271
U.B. Rubber
WINNIPEG WHEAT
Greyhound Corpn.
161
US. Rubber $8 pid.
U.S. Steel
May July September
857/85€ 861/861 871 A
861/86
86/88 864 A 88/88
of up
Hercules Powder Co.
88
Vanadium
30
of up
Homestake Mining
551
NEW YORK HIDES
Sterling sellers at
4.77/32
for March
Spot.
44
June
New York, Official
14.55/67 14.76/79 34-3/4
14.60/67 unquoted
Shanghai Exchange
Shanghai, Jan. 15 (Reuter).
Official T.T. Rates
NY/London Cross Rate 3.98-1/4
14.52/52 15.75/75 unquoted 3.97-1/8
.01 of
01 up International Harvestér
Int. Nickel
03 on Int. Tel. & Tel Johns-Manville
J. & Laughlin Steel 57 pia. 571*
Westinghouse Kies, Woodward Iron Cot. Chase National Bank.. National City Bank
Walworth Co.
60
Warner Bros. Pict.
38)
47 öersur
72
* ! ‡ ‡ * 7 7 7 7 7 8 887798 ||
Profita
5,598,500.00
2,883,032.01
1091
Bombay Calcatis
Halbony
Hankow
Hexalla Kobe
Saigon
Hagmanka
Paris
Bemarang
ק
---bid.
-ex, div,
145.00
36.90 24.14 90 Rails
3074
27.70 20.70.20 Utilities
25.25
148.05 144.09 145.10 30.78 30.43 30.60 25 38 25.16 25.21
77 off .14 off 04 of
21:25 84.51 40 Bonds.
89.93
80:86
.07 aff
65.67 45.59 11 Commodity Index 60.80
60,55
.25 off
16
Business Done :—190,000 shares
1999
DOW JONES AVERAGE
Jan. 14; 1940.
High Low Dow Jones Averages, Jan. 12, High Low Close Chanc 158.92.121.41 30 Industrial
Hamburg
Kowloon
CLIVE STRIXT
Chief Manager. I PACK KUALA
San
CANTON C&WNPORE
Ска COLOMBO
DELHI HAIPHONG HAMBURG
Francisco HANKOW
Lumpur Shanghai London Singapore Lyonal Sourabaya Malacca Sungei
Manila
Patani Swatow (Johore) Tientsin Bankow Mukden Tokyo Harbin New York Tsingtao Iloilo Peiping Yokohama
,"
LUMPUR KUCHING
SITIAWAN
BOUBAMAJA
TAIPING
TIENTSIN
C MADRAS * TONGKAR
MANILA
MEDAN
NEW YORK "YOKOHAMA PELPING
(Peking)
FOREIGN EXChixos and General Banking Businem transacted.
CURRENT Accouæra opened and FIXED Deposits received, for One Year or shorter periods in Local or Other Currencies at rates which will be quoted on application:
SAVINGS ACCourts also opened in Local Currency and Sterling with interest allowed at rates obtainable on application.
opened in CURAINT ACCOUNTS LOCAL CURRENCY and FIXED DEPOSIT
The Bank's Head Office in London received for one year or shorter periods in Local and other Cur- undertakes Executor and Trustee rencies on terms which will be business, and claims recovery of quoted on application.
British Income Tax overpaid, on terms which may be ascertained at.. any of the Agencies and Branches.
R. A. CAMIDGE,
Manager.
Atao up to date Ears Drosir Boxes in various sizes" To La Hong Kong, 11th January, 1940
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the HONGKONG & SHANGHAI BANKING COR PORATION. Bules may be obtain- ed on application.
For the HONGKONG & SHANGHAI
BANKING CORPORATION. .. V. M. GRAYBURN,
Chief Masager. Hong Kong, 28th Feb. 1938,
Reserve and Undivided
Head Office:-HONG KONG
No. 10 Des Voeux Road, Central,
Board of Directors:
Biz Bhonson, Chow, Chairman Li Koon Chun, Exq, Li Lan Sang, Baq, P. K. Kwok. Eaq. i Wong Chn Son Eng Wong Tun Tong, Esq. Kan Ying. Po, Bag. Chan Ching Shok, EM. Fung Ping Wah
Kan Tong Po, Esq., Chief Manager, Li Ta Fong, Esq., Manager.
Amos
Batavia
Branches and Agencias :--
Kolom Penang Singapore Gondoo Rangoon
Manila
Bwalow
Melbourne Ban. Prin... - Bydney
staca inteles
New York Beattie
Peiping
Shangha
THE CHASE BANK
15. QUEEN'S ROAD," CENTRAL
HEAD OFFICE:
18, PINE STREET,
NEW YORK. An American Bank offering com- plete Foreign Banking Service in the principal Markets of the world. Interest Bites on Application.
SAFE: DEPOSIT BOXES
This Bank is entirely owned by THE CRASH NATIONAL BANK, New Yous, with Resources of over Ù.8.$1,900,000,000.
D. M. BIGGAR,
Second Vics Pres
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL 840,000,000.00 (BRANCHES ALL OVER ÜHINA) Owing to our numerous Branches in China and connections in the principal Commercial Centres öf 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 Officer:
CANTON · SWATOW
SHIUCHOW
KONGMOON TOISHAN
KINGOHOW
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 periods in Local and Foreign Our rencies on terms which will be and other Public Funds of the Canes Government both at Home and Abroad.
SHOU J. CHEN,
quoted on application.
Safe Deposit Boxes To Iær.
KAN TONG PO,"
Chief Manager.
We also handle the isene of Bonds
Manager.
BAIGON
BATAVIA
SEREMBAN
BOMBAT
KARACHI
SHANGHA!
CALOUTTA
ELANG
SINGAPOR
AGENCIES; XOBI
38, Bishopsgate E.C.L Sub-Agencies In London:
117, 12, Leadenhall Street, E03 ·
West End Branch:
14/18, Cockspar Street, S.W.. Manchester Branch: 59, Mosley Street, Manchester, IL
AGENCIES AND BRANCHES:
KARBIN PENANG FONG CỘNG BINGOON (IDILD
ITOR
ALOR STAR AMRITSAR МХОЛОК
(Bhuket) THINGTAO
Spot Jan. Feb.
Spot
Jan.
$7-31/32
$8-1/32
Londer
0/4-1/2
New York
7-3/8
Japan
31-1/4
India
24-7/8
Paris Hongkong
....... 3.30
30-1/8
Sellers
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Jan. 12 (Reuter). The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and 0/4-13/16 0/4-27/32 no responsibility is assumed for 0/4-49/64 0/4-51/64
errors in transmission,
Closing Opening 0/4-53/64 0/4-27/32
U.S. DollarS
Tientsin-Pukow Rly. 5%
(German Stpd.). .... entsin-Pukow Rly. 5% (Brit. Stpd.fupi, Luan) 18 Tientsin-Pukow. Rly. 5%
(Ger. Stpd, Supl. Loan) 18 Jap. 5% Bter, Loan, 1907 54 Jap. 6% Ster, Loan, 1924 58j Ger. 7% Intl. Loan, 1924 64 Chartered Bank
&
7-15/16.
8
1
Feb.
7-13/16
Market:Quiet.
Merchant Rates
Sterling, 0/4-13/16.
US. Dollars, 87-15/16
On
Silver Duty, Rate
The Central Bank of China's
Cate
London" at 10 today was 1/2-1/2d."
The Equalisation rate was 1811
per cen
SALE OF U.S. SHIPS
Chin. 44% Anglo-French
Loan, 1988 Chinese 5% Orisp Loan.
Chinese 6% Reorg. Loan,
1913 (Lda. Is.)
Chinese 8% Ster. Notes.
-1925 (Vickers) Chin. Imperial Rly. 6%
Loan Tonan Rly, 5% Hukuang Rly. 5%, 1911...
TO BRITAIN WASHINGTON, Jan, 15 (Reuter) -The American-Hawaiian Bteam- sh'p" Company bas applied to Lung Tsing & U. Hai Rly. the Maritime Commission
·5% 1913.... for permissionto sell the cargo Shai-Ning Rly, 6% stilps Delawarean, Louislanan and Tientsin-Pikow Bly, 5%% Indianan a British frm
(Brit. Stpd.)
War Loan, 34% irted
after 1952)
96-11/16 Canton-E'ioon Rly. 5% 18 Chinesa, 41% Gold Loan
81
EX. & B'bai Bank (Ldn.
Reg. EK. & S'hai Bank (Col
Guinness (A) Son & Co. .77/8 Hawker Siddeley Alrc.... 14/8 Bristol Aeroplane
15 Imperial Chemical Ind. 30/10 Imperial Tobacco. ?.. Marks & Sp'cer "A" ord.
118/3
52/3
INDO-CHINA
STEAM NAVIGATION.
861
Rolle Royce
90
Leyland Motor
77/Я
Operating Services for Cargo, and Passengers
.1898 (Brit. Issue)......
60
Chinese 5% Gold Bonds."
1925-47
52
a.m.
1912
ཤྰ3ཤྩ། ཤྰབང་
Reg.) Chinese Eng. & Mining
(bearez)
88
Tate & Lyle
581-
TO-
Turner & Newall ........
83/9"
18
United Steel
21/104
Chosen Corporation
8/6
Smethwick Drop Forg,
13/6
1/6
Armstrong Stevens, ord
13
Pressed Steel, com... Vickers, 'ard.
8 15/6
17/10/
244
Woolworths
63
Anglo-Dutch
23,'-
12
.....
55
18
Cable & Wireless. "New
Form, ord.
574
19
B.-A. Tob. (bearer)
98/1
Western Holdings ...........
Hukuang Rly. 5%, 1911
(German Issue)
Mercantile Bank
112
Sub-Nigel
12/3 198/9.
17.
Cammell Laird, ord,
7/10
Tanah Gold Mining
34.
Mexican Eagle
6/101
Anglo-Iranian'
14.
Courtaulds...in
35/10)
BurnsA
50/101 81/104
20
Distillers...
67/3
Shell Trans.
Trad
Dunlop Rubber
29/11
(hearer) TI
77/10
Gen. Electric (England). 76/44
Pekin Syndicate
S'hal Elec. Constr Co.
What Waterworks · "¿"... 12 Union Insurance
Gula Kalimpong Rubber 23/11 Allied Ironfounders...... 14/8 Asso, & Elec.. Industries 38/4" Austin Motors, ord.
15/9
Rub. Plant. Invest. Trust 34/11 Burma Corporation 11/6 Commonwealth Mining -- Marsman Investments... 11/6 » Randfontein Estates 2..38/104-
BWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
BINGAPORE, PENANG and CALCUTTA·
SANDAKAN
HAIPHONG
All steamers berth alongside the Rosevelt Terminal in the French Concession et Shanghai, where passengers and cargo are landed.
For further particulara
please apply to
JARDINE MATHESON& Co TELEPHONE SOZILO GENERAL MANAGERS
COMPANY LTD
ESON&Co.Lt
川