Alleghany Steel Co.
Previous close Today's close
Allis Chalmers
buyers
buyers
Change
Aluminium Ltd.
12
Amer. Can
12
American Cyanamid. B....
12-1/8
Unreceived
Amer. & Foreign Power 0-15/18
12-1/4
Amer, Foreign $7 pf. ...
JULY-SEPT.
12-1/4
Amer. Locomotive
888
Amer. Metals Co.
Amer. Radiator
Amer. Rolling Mil
On demand
་་
43 3/4
Amer, B'ting and Ring Co.- 42}
Amer, Sugar Refining
Amer. Tel. & Tel. .............
Amer. Tobacco "B"
Amer. Waterworks
On Saigon
On' demand
Anaconda Copper
101 1/2
On Manila:-
On demand
Atchison, T. & 8. Fe. Aviation Corp.
Baldwin Lecometive
On Bangkok:-
On demand
On Sterling Notes:-
Bar Silver per oz.
Bank Buying Exte
149
Nour
23 5/16
Baltimore & Ohio Barber Asphalt Co. Barnsdall Ol
genal Aviation
MARKET
Bethlehem Steel
Market Repor
FROM: ROZA BROS.
Thursday, Jan. 2nd. Siver prices were not quoted this morning. The New York mar ket was also closed.
The London/New York cross- rate was quoted at 402.1/2.
MARKET
Extremely dull,
STERLING
New York Cotton, March New York Rubber, March Chicago Wheat, May "..... Chicago Com, May New York Hides. March NEW YORK COTTON
January
There were sellers, at 1/2.31/32 July for near and forward. Buyers at Octobe: 1/3.1/32 Cash and 1/3 March,
U. S. DOLLARS
Bliss & Co.
(REUTER'S SERVICE)
Being Airplane Co.
NEW YORK, Dec. 31, 1940,
Borg-Warner
High
Low 10.47 10.38
Close
871 884 831 623 13.15 13.00
Opening
Prev. Today's Close Close 10.39 10.43 20.126 20.12b
801 87 621 631 13.08 13.05
Closing
Briggs Mfg.
Change 04 up unch:
Budo M'facturing. Corp.
Canadian Pacific R'way
Case, JI
up
Celanese
1 up .03 off
Change
Chesapeake & Ohio.
Chrysler Corpn.
Columbia Gas & Elec.
Commercial Credit Co.
11
March May
10:28 N
10.26b/28a
10.31 N
.05 up
Com, & Southern (Ord.)
10.39/40
10.39/39
10.43/43
.04 up
Consolidated Edison
10.34/34
10.34/34
10.98/38
.04. up
Consolidated 011
10.11/11
10.11/11
10.18/20
.07 up
Continental Can
9.59/59
9.00/60
9.63/64
£4 up
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
NEW YORK, Dec. 30, 1940.
CLOSING QUOTATIONS SINGAPORE RUBBER
JANUARY 2, 1941,
On London :---
Telegraphic Transfer. 17/1 Bank Bills, an demand 1/9 7/8 Credita 4 months' sight
415
On demand............. 52 3/4
SPOT JAN-MARCH
APRIL-JUNE
The market was dull.
Previous
Dec. 29
Close Opening Closing Change
buyers
buyers"
37-3/4
37-3/4
37+9/4
unch. 37-5/8 37-5/8 37-1/2
off 1/8 38-3/8 36-3/8 38-1/4 on 1/8
The market will be closed on Wednesday, January 1, 1941 (New Year's day).
-
On Shanghai:----
On demand
On Singapore:-
LONDON RUBBER
On Japan:-
SPOT
On demand
.......... 103 1/2
JANUARY
On India:-
Telegraphic Transfer. and demand
FEBRUARY
On New York:—
82 1/2 APRIL-JUNE
Bank Bills, on demand's3 3/8 Credlis, 60 daya' sight 24 1/9 On Batavia:-
On Paris:
Bank Bills, on demand Nom. Credits 4 months' sight Nom.
46 3/4
The market will be closed on January 1, 1941 (New Year's day). NEW YORK COTTON: The market was firm on price-fixings" and on scarcity of contracts. There is general belief that higher prices are necessary to check persistent holdings.
NEW YORK RUBBER: Steady on the strength of the foreign mar-
kets,
CHICAGO WHEAT: Trading was on
a moderate scale. Sentiment
inciries to be slightly bullish. NOTE: All American markets will remain closed on tomorrow, Jan.
1, 1941 (New Year's day).
NEW YORK STOCKS: Previous close, 130.11; Today's close, 131.04;
Change, up .97.
NEW YORK ∙COMMODITY
NEW YORK STOCK EXCHANGE
STOCKS
Adams Express
QUOTATION
- (REUTER'S SERVICE)
JANUARY 1, 1941.
FOL
FRIDAY, JANUARY 3, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital.
$50,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up 820,000,000 Incorporated by Royal Charter, 1889
Reserve Funds:
Paid-Up Capital .............. £6,500,000
Reserve Fund H.K. Currency Reserve $10,000,000 Reserve Liability of Pro- Reserve Liability of
Sterling
prietors
....£3,000,000 .................£3,000,000
£3,000,000 HEAD OFFICE; LONDON:
38, Bishopsgate E.C.P.
Sub-Agencles In Londen: 117/129, Leadenhall Street, E... West End Branch:
14/18, Cockspur Street, S. W 1. Manchester Branch: 02, Mosley Street, Manchester, 1
ALOR STAR
FINANG
AGENCIES AND, BRANCHES.
HARBIN HONG KUNG ILOILO
IPOR
BANGOD'S
BAIGON
BIBIMBAT
KARACHI
BEANGEAN
BINGAPORE
Hon. Mr. A. L. Shield,
Sir Vandeleur M. Grayburn,
Chief Manager.
New York Teingtso Peiping Yokohama Penang
CURRENT ACCOUNTS opened
CALOUTTA
KLANG
AGENCIES: KOER
CLIVE STEKA FAIRLIN PLACE KUALA DANTON QAWNPORE СЕВО COLOMBO
LUMPUR KUCHING MAD BAS
MANILA
KIDAN
NEW TOEX PRIPINO
(Peking)
EITIAWAN SOUHARAYA. TAIPING TIENTSIK TONGXAN
(Bhuket)
TBINGTA ТОКОЧАМА
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNT opened and FIXED DEPOSITS received for One Year or shorter periods in Local os Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates obtainable on application.
Local Currency and Fixed
The Bank's Head Office în London Deposits received for one year or undertakes Executor and Trustee shorter periods In Local and Other business, and claims recovery of Currencies which will be quoted on British Income Tax over-id, on terms which may be ascorsained at
application..
SAFE DEPOSIT BOXES of any of the Agencies and Branches.
B.. A. CAMIDGE,
Manager.
Last Sale
STOCKS
Last Sale
Proprietors
$90,000,000
Dec 31
Dec. 31
61
Loew's Inc......
Head Ofce:-HONG KONG
324
241
Loft Incorperated
171
36
Mack Truck, Inc.
31
Hoard of Directors: Hon. Mr. J. J. Paterson,
Martin, Glen L.
30
831
McKesson & Robbins, pid. 24
37#
C. O. Roberts, Esq.,
Montgomery Ward
38
Mtain City Copper Co.
Chairman.
Deputy Chairman.
31
17
National Aviation
10
J. K. Bousfeld, Esq.,
16
Nat, Dairy Products
131
181
National Distillers
221
L. J. Davies, Esq., ̈
A. H. Compton, Esq.,
64
Hon. Mr. S. H. Dodwell,
National Lead
171
1st.
G. Miskiu, Esq.,
Nat, Fower & Light
K. 5. Morrison, Esq.,
National Supply Corp.
5ł
Hon. Mr. T. E. Pearce,
AMRITSAR BANGXOX BATAVIA BOMBAY
147
New York Cential
131
"1872
Niagara Hudson Power ...
3
711
N. American Aviation
16
North American Co.
164
284
Northern Pacific
61
Branches:
181
Owens-Blinois Glass Co.
481
41
Pacific Gas & Mec
271
Amoy
Jobore
18
Bangkok
Kobe
Packard Motors
31
Rangoon Saigon
DELEI
Batavia
Kowloon San
ΧΑΙΡΕΟΝΟ
31
Pan-American Airways
151
Bombay
Kuala
Francisco
10
Paramount Pictures
101
Calcutta Lumpur Shanghai
HAMBURG
HANKOW
BI
Pennsylvania R.R
221
Canton
London
344
Philadelphia Read, Coal. 05/32
Chefoo
Lyons
BB1.
Phillips Petroleum
41
Colombo
Malacca
181.
Public Service of N.J.
29)
Dairen
Manila
17.
Pullman Inc........
251
Foochow
Muar
181
Pure Oli...
81
Kaiphong
25
Bankow
Singapore Sourabaya Sungei
Patani Swatow (Johore) Tientsin Mukden
Tokyo
Radio Corpn. of Am.
4
Harbin
5
Reading Company,
Com
13+
Iloilo
31
Remington Arms Co., Inc.
51*
Ipoh
541
Republic Aviation Corp."
5+
271
Republic Steel
221-
43
Revere Corp.
101.
ir
72
Reynold. Tobac. “B”
317
44
Safeway Stores
43)
291
Schenley Distillera
11
013/16
Sears Roebuck
·781"
221
Shell Union Ou
117
54
| Socony-Vacunum Of
8+
381
Southern Pacific
**
December
9.54 N
9.55/55
9.59 N
"
Continental Ou
191-
,C5 up
Southern Rly 35 pid.
21
Farious sizes to let.
TRUSTEE business undertaken.
and
EXECUTOR
Spot
10.40 N
10.43 N
Copperwald Steel
181
.03 up
Curtiss Wright (C.)
Spicer Manufacturing Co.
374
to
Standard Brands
Sellers at 23.11/16" for buyers at 23.3/4 Cash.
Cash,
Total sales Monday:-110,300 bales..
Curtiss, Wright "A"
28+
Stand Gas & Elec,
SHANGHAI DOLLARS
NEW YORK RUBBER January arranged March
Deere & Co. .....
211
Standard Oil of California
183
20.35b 20.12b
20.00/00
20.05/05
with July (New contract) ...
Total sales:-160 tons,
19.85/85
19.00 A
CHICAGO WHEAT ·
יו
861/862
July
September
∙CHICAGO CORN
May
81/811
-877/811
Monday's sales:-8,269,000 bushels.
627/621 63/627
:.
623/621 621/621
September
623/021
NEW YORK HIDES March June
13.08b/10a 13.14/14 12.834783
12.83/83
Til,
Price,
י.
. Some business
was
early in the morning at 427 426. May
1/2 and also 426. Closed
sellers at 425.1/2, buyers at 428
· 1/2.
SHANGHAI MARKET
The Shanghai market was closed May today.
AFTERNOON MARKET
The market was featureless in
the afternoon.
STERLING
The market closed with
sellers July
at 1/2.31/32 January/March, buy ∙ers t. 1/3.1/32 and 1/3 March.. "B. S. DOLLARS
Bellers at 23.11/16 for Cash,; buyers at 23.3/4 for Cash,
426.
SHANGHAI DOLLARS
Calcutta Exchange
Calcutta, Dec. 31 (Reuter).
TVT. on Japan, 81-1/4.
SILVER MARKET
LONDON SILVER
London, Dec. 31 (Reuter).
Silver-Little bear covering.
Total sales for the day-57 contracts. N.Y. Official Silver..... 34-374 NY-London Cross Rate 4.03-1/2
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
London, Dec. 31.
LONDON METALS
EXCHANGE
London, Dec. 31. (Reuter).
Standard, Cash, Middle 258-3/4.
The following quotations are the Tin, Standard, 3 months, Middie
Buyers satisfled. Business small. middle prices at the close of the Price, £269-7/8,
Market quiet,
Forward, 23-1/8d.
Bpot, 23-5/16d
· H.K. STOCK
-EXCHANGE
market in London. All quotations] are subject to confirmation and no responsibility is assumed for errors)
in transmission.
War Loan, 34% (Red,
after 1952) Defence Loan, 3%
The New Year opened with a Chinese 41 Gold Loan good general demand for
and prices advanced in some cases. BUYERS
Bank of East Asla, $74.50
Canton Ins., $200.
Union Ins., $400.
LONDON GOLD.
Inter. Paper & Power Int, Tel. & Tel. Kentecott Copper Lakey Foundry & Mac, Libbey-Owens-Ford Lockheed Aircraft
4 Glass 444
DOW JONES AVERAGE „
High Low Dow Jones Averages 152.80 111.54 30 Industrials
39.87 22.16 20 20.45 18:03 20 91.01 $3.00 40 64.07 48.47 11
£
London, Dec. 31 (Reuter). Bar Gold, Fine per oz., 168/-
103-1/16 101
Janton-K'loon Rly, 5% 13
scrip.
1898 (Brit. Issue)...... 44 Chinese 5% Gold Bonds, "
1925/47
Ger..7% Intl. Loan, 1924 5 Chartered Bank
42-47
MK. & Bhai Bank (Ida.
Reg.j
77
Chin. 41% Anglo-French
Loan, 1908
45
H.K. & Shal Bank (Cal.
Peg)
82
HK. Fire Ins., $157.590.
Chinese 5% Crisp Loan
1912
Chinese Eng. & "Mining
26)
Wharves, $93.
HK. Lands, $34
Trams. $17.75. Star Ferries, $61.
Yaumati Ferries, $24. Electrics (0) $40.
Electrics (N), $39.75. Sandakan Lights, $11.50.
Ropes, $7.40.
Dairy Farms, $18,75, Watsons, $10.70, Entertainments, $," Constructions (O), $1,60.
BÉLLERS
Waarves, $95.
Trams, $18. Vibro Piling, £7.70.
SALES
Docks (0), $18.30. Electrics (0), $40,25,. Dairy Farms, $18,80, Watsons, $10.65/70.
Honan Rly. 5%
(German Stpd.)..... Tientsin-Pukow Rly. 5%
(Brit. Stpd. Supi, Loan) Tientsin-Pukow Rly. 0%
Ger. Stpd. Supl Loan)
15
Jap. 8% Ster, Loan, 1924 30
Chinese 5% Reorg, Loan.
(bearer; Chosen Corporation
18/3
41-
1919 (Ldn. 18.)
34
Mercantile Bank of In-
Chinese 8% Ster. Notes,
1925 (Vickers)
dis, 25, """
101
TO-
10
Chin. Imperial Rly. 5%
Loan
47
ཋལ
Pekin Syndicate
2/-
8'hal Elec. Constr. Co.
15/-
Bhai Waterworks "A"
13)
181
Unton Insurance
20
Hukuang Rly 5%, 1911..
Gula Kalumpong Rubber 18/3.
(L.P. N/Y Issue)
is
Lon., Mid, & Scot., Rly. 13.
Hukuang Rly. 5%, 1911
Great Western Rly,
321
German Issue)·
Rły. 5% 1013
13
Lung Tsing & U. Hali
14
hal-N'King Rly. 5% Tientsin-Pukow Rly, 6%.
(Brit. Stpd.)
18
Tientsin-Pukow Aly. 5%
15
15
ས་ཆ་འ ེ། ཤཱཤྩ
National Bank of India 32
BA, Tab (bearer).
89/4
Dunlop Rubber
32/8
.
Bristol Aeroplane
9/9
Imperial Chemical Ind. 29/101
15-
United Steel
21/101
Woolworths......
63/9
Marsmai. Investments ...
Western Holdings
7/8 9/6.
Bub-Nigel............ 155
Ahell
Trans & Trad.
(bearer)
bid.
-ex-div
20.30b/40a 20.35b 20.15b/20a 20.12b
Distillers Corpn. Seagrams
17
Standard Dil of N.J.
341
unch.
Douglas Alreraft
77
Stone & Webster,
unch.
Du Pont de Nemours
163
20.00/00 19.856
Studebaker Com
71
Eagle Picher Lead
104
Swift International
178
Eaton Mfg. Co.
341
Technicolor
3
Elec. Autolite
33
Texas Corpn.
40
Elec Bond & Share
31
Texes Gulf Bulphur
362
Elec. Bond & Share $5 pr.
58
Timken-Axle
#331
252/883 811/811. 821/82
821/821
671/87
up
Elec Bond & Share $6 pf.
857
Trans-America Co.
41
up
Elec. Power & Light $7 pr.
31
20th Cent. FOX.
61
up
15
Flintkote
Union Bag & Paper Corp.
124
Gen. American Traps.
54+
Union Carbide & Carbon
697
Gen. Electric
331
Union Pacific
772
Gen Motors
48
United Aircraft
418
631/63
up
623/03
up
622/624
€99
Gen. Railway Signal
141
United Airlines Trans
+16
Gen, Tire & Rubber
114
United Corpn.
11
up
Glidden Co.
137
United Corpn. 53 cum pf. 283
Goodrich (BF)
131
United Gas Corpn.
013/16
Goodrich $5 pt.
62
United Gas Improvement
91
13.05/05 12,85b
.03 off
Goodyear Tire & Co.
191
U.S., Industrual Alcohol.
233
.02 up
Great Northern Iron Ore
157
US, Rubber
221
Great Northern Rly, pid.
26
US. Rubber $8 pid.
85
43-3/4 4.03-1/2
Great Western Sugar
20
U.S. Smelting
634
Greyhound Corp.
112
U.S. Steel
691
Hercules Powder Co,
TO
Vanadium
341
Homestake Mining Int Nickel
25
Vultee Aircraft
421
Walworth Co.
58
143
Warner Bros. Pict.
3.
2
Westinghouse Elec,
1044
374
Woodward Iron Cor.
314
Chase National Bank National City Bank
.334"
271*
27+++
194010
Change
,00 up
Rails
Dec. 30,
131,04 27.00
Utilities Bonde Commodity Index
Jan. 11941. High Low Close 131.86 13040 131,13 28.26 27.88 28.13 19.79 19.84 19.83 19.86 20.73 56.94
,14 ap
,06 up
90.90 67.09
17 up
.15 up
Business Done:-1,070,000 shares
.HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the HONGKONG BHANGHAI BANKING COB- PORATION. Rules may be obtain ~d on application.
For the HONGKONG & SHANGHAI
BANTING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1939.
BANK OF EAST ASIA, LIMITED
Authorised Capital...$10,000,000.JO Paid-Up Capital Reserve and Undivided.
Porfits
5,398,600.00
......................2,983,281.50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central.
Board of Directors:
15, QUEEN'S ROAD, CENTRAL Li Koon Chun, Eaq,
18, PINE STREET,
NEW YORK.
An American Bank offering com- plete Foreign Banking Service
in the principal Markets of the world.
SAFE DEPOSIT BOXES
This Bank is entirely owned by THE CHASE NATIONAL BANK, NEW YORK, with Resources of over U.S.$2,000,000,000.
D. M. BIGGAR,
'Second Vice Press
Ajob?
WANT ADS
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo sad Passengera
SWATOW, SHANGĦAL, TSINGTAU, CHEYOO
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 are landed.
For further particulara
please apply to
JARDINE MATHESON&Co.,LTD. TELEPHONE KOJIL GENERAL MANAGERS"
BIR SHOPSON Cнow, Chairman
Li Lan Sang, Saq. P. K. Kwok, Esq. Wong Chu Son, Esq. Wong Yan Tong, Esq. Fong Ping Wah Esq. Chan Ching Shok, Esq.
Kar Tong Po, Esq., Chief Manager Li Taa Foxe, Esq., Manager
Batavin Fotabay
Branches and Agencia; -
Holoca Рольлк Singapore Loudon
Hangout Sourabaya Beton
Kaltz Daloutta Melbourne
Halphons
Hankow Honolulu
New Tark Faris
Paiping
SWADOW
Ban Fran. 3ydney
Seattle
Semarang Shangha
*WETHE
Every description of Banking and Exchange business transacted. Losta granted on approved securities.
Current Accounts opened in Local Curracay and Fixed Deposits re- ceived for one year or shorter periods in Local and Foreign Cur terms which will be quoted on application.
rencies on
SAVE DEPOSIT BOXES TO LET.
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA. AS AN INTERNATIONAL EXCILANGE
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 Officer:
CANTON SWATOW SHIUCHOW
KONGMOON TOISHAN KINGCHOW We also handle the issue of Bonds and other Public Funds of the Chinese Government both at Home and Abroad.
SHOU J. PHY
Manager.
THE CHASE BANK
HEAD OFFICE:
2
Interest Rates on Application,
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