On demand
On Bangkok:-
On demand
On Sterling' Notes:-
Bank Buying Rate
Bar Silver per 02.
FINANCE
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
JANUARY 9, 1941.
115
52.3/4
12 1/2
182
89 1/2
PAGE 10 HONGKONG DAILY PRESS
Finance and Commerce
MONEY AND EXCHANGE
CLOSING QUOTATIONS JANUARY 9, 1941,
On London:-
Telegraphic Transfer. 1/2 7/8 Bank Bills, on demand 1/2 7/4 Credits 4 months' sight
On Shangha!!
On demand
On Singapore:-
On demand
On Japan:-
On demand
On India:-
41
Telegraphic Transfer.
On New York!—
Bank Bilis, on demand 23 3/8 Credits, 60 days' sight 24 Pis
On Batavia:-
On demand.
On Paris:
13 3/4
Bank Ellis, on demand Nom, Credits. 4 months' sight Nom.
On Saigon:~
On demand
On Manila:-
RUHR COAL PRODUCTION FALLING OFF
R.A.F. ACTIVITY MAIN CAUSE" (Reuter)
LONDON, Jan, 9
Coal production in the Ruhr dis
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Jan. 8. The following quotations are the middle prices at the close of the market in London. All quotations | are subject to confrmation and no responsibility is assumed for errors In transmission.
trict of Germany has seriously war Loan. 31% (Red, declined probably owing to RAF. Į after 1952) activities, according to informa-petence Loan, 3%
One estimate puts the. reduction as high as 40 per cent, compared with the gre war production.
On the whole. however, there is evidence that the coal
pro duction generally has been main tained but there is a considerable shortage of supplies to consumers owing to distribution difficulties.
FALL IN EXPORTS
1898 (Brit. Issue" Chinese 5% Gold Bonds,
1925/47
STOCKS
Last Sale |
STOCKS
Jan, ♬
Last Sale Jan. 8
BANKING CORPORATION
Adams Express
7+
Loew's Inc.'..................
331
Alleghany Steel Co.
241
Loft Incorperated
18
Authorized Capital. 850,000,000
Allis Chalmers
·384
Mack Truck Inc.
32
Aluminium Ltd. Amer, Can
731
Martin, Glen L
301
American Cyanamid B. Amer. & Foreign Power Amer & Foreign $7 pt. Amer. Locomotive
McKesson & Robbins, pt4. 241 - Montgomery Ward,
Sterling
39
013/18 Mtain City Copper Co.
31
Beserve Liability of
16*
National Aviation
105
Proprietors
..$20,000,000
168
Nat. Dairy Products
141
Head Offee-HONG KONG
Amer. Metals Co...... ...........
181*
National Distillers
24
Amer. Radiator
7
E
| National Lead
17A
Amer. Rolling Mil
13
15}"
Beard of Directors:
Nat, Fower & Light
77
Hon. Mr. J. J. Paterson,
1032
101
Amer. Sting and Ring Co. 441 Amer, Sugar Redning
National Supply Corp.
Chairman.
151
New York Central
141
C. C. Roberts, Esq.,
tion reaching the Ministry of Canton-Kloon Rly. 5% Economic Warfare...
Chinese 41% Gold Lan
13
Amer. Tel.
Tel.
1671
Niagara Hudson Power, ........
34
Amer. Tobacco "B"
743
N. American Aviation
167
1
J. K. Bousfield, Esq.,
44
Amer. Waterworks
61
North American Co.
17
Anaconda Copper
27
Northern Pacific
61
A. E. Compton, Esq., L J. Davies, Esq.,
42-47
Atchison, T. & 8, Fe.
2014
Owens-Illinois Glass Co.
491
Hon. Mr. S. H. Dodwell,
FRIDAY, JANUARY -10, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
INDIA, AUSTRALIA
AND CHINA
Issued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, 1858 l'aid-Up Capital ...........EQUOIA £8,500,000 Reserve Fund
Reserve Funds:
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro-
prietors
Deputy Chairman.
£3,000,000 HEAD OFFICE: LONDON.
38, Bisbopsgate E.C.. Sub-Agencies In London
117/122, Leadenhall Street, E.C.a West End Branch:
14/16, Cockapur Street, S.W! Manchester Branch:
**}i
59, Mosley Street, Manchester, L
AGENCIFS, AND BRANCHES-
"HARBIN
FENANG HONG KONG BANGOON
ALUR STAR AMETRAR
18.3/1
Nom
to
other countries,
a considerable falling off of Ger-ukuang Rly. 5%. 1911 23 3/16 man coul exports Italy and
German Issue) Lung Tsing & Rly. 5%. 1813 Shál-N'King Rly, 5%
way wagons appear to be the Honan Rly. 5% main causes of the shortage.. Hukuang Rly 5%, 1911.
There is also said to have been LP NY Issue
HAF interference with railway chin. Imperial Rly. 5% traffic and the shortage" of rail- Loan
Chin. 41% Anglo-French
"Loan, 1908 Chinese 5% Crisp Loan.
1932 Chinese 5% Reorg. Loan.
1913 (Ldn. Is.). Chiese 8 Stér. Notes
1925 (Vickers)
Aviation Corp.
51
Pacific Gas & Elec
28+
7. Miskin, Esq..
45
Baldwin Lecometive
18
Packard Motors
31
Baltimore & Ohio
31
Pan-American Airways
15}
261
darber Asphalt Co.
92*
Paramount Pictures
111
Barnsdall OB
81
Pennsylvania R.R
231
34
dendix Aviation
35
Philadelphia Read. Coal
**
Jethlehem Steel
873
Phillips Petroleum
393
10
Bliss & Co.
187
Public Service of N.J.
29
Branches:
deing Airplane Co.
17
Fullman Inc...........
26?"
Amoy
Johore
47
3 25
Borg-Warner
20
Pure Oil
杂
Bangkok
Kobe
17
Briggs Mfg.
241
Radio Corph," of Am,
47
Batavia
Kowicon
Rangoon Saigon San
Budd M'facturing Corp.
싶...
Reading Company;
Com® 14
Bombay
Kusla
15
Canadian Pacific R'way
31
Remington Arms Co., Inc.
51
Calcutta
Lumpur Shanghai
Francisco HAMBURG
HANKOW
Case, L..................
57
}
Republic Aviation Corp.
5
Canton
London
Singapore
Chefoo
13
Celanese
28"
Republic Steel
221
Lyona
Sourabaya
Colombe
Malacca
Sungei
T Hal
Chesapeake & Ohio
428
Revere Corp.
101
Dairen
Manila
Patani
14
Chrysler Corpn.
Reynold Tabac. "B"
331
Foochow
Muar
Swatow
16
Columbia Gas & Elec.
41
Safeway Stores
447
Tientsin-Pukow Rly. 5%
Commercial Credit Co.
300
Schenley Distillers
104
Hackow
(Brit. Sipd.)
15
Com, & Southern (Ord.)
02
Sears Roebuck
771
Harbin
Tientsin-Pakow Rly. 5%
Consolidated Edison
221
Shell Untori Oll
12
floilo
(German Stpd.)
15
Consolidated O
6
Socony-Vacunun Oil
91
Ipoh
Tientsin-Pukow Ely. 5%
Continental Cam
38
Southern Pacific
81
(Brit. Stpd. Supi.. Loan)
15
Continental Ou"
Southern Rly $5 pfd.
214
in
Copperweld Steel
181
Spicer Manufacturing Co.
37
(Ger. Stpd. Supt. Loan)
15
Curtiss Wright: (C.)
91
Standard Brands
64
Jap. 6% Ster. Loan. 1924
31
Curtles Wright "A"
282
Stand Gas & Elec.
1*
Ger, 7% Intl. Loan, 1924
51
Deere & Co. ....
21
Standard Oil of California
20
Chartered Bank
83
Distillers Corpn. Seagrams
171*
Standard Oll of N.J
36
H.K. & Sha! Bank (Lan
Reg.,
Douglas Aircraft
781
Stone & Webster
77
764
Du Pont de Nemours
H.K. & S'hai Bank (Col
Studebaker -Com.
81
TRUSTEE and
41
EXECUTOR
K. 3. Morrison, Esq.,
Eoa. Mr. T. E. Pearce,
Hog. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,
Chief Manager.
Haiphong (Johore) Tientsin
Mukden Tokyo
New York Tsingtao Peiping Yokohama Penang.
BOMBAY
DALOUTTA
AGENCIES: KOBE
CLIFI STRET FAIRLIK PLACK DANTON
KUALA
LUMPUR KUCHING MADRAS
MEDAN
L
NEW YORK
TAIPING
TIESTSIN TONGKAR
(Bhuket)
· THINGTAL
PEIPING " (Faking)
YOKOHAMA
FOREIGN EXCHANGE and Ganers) Banking Business transacted.
CURRENT Accounts 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 ACCOUNTS also opened in Local Currency sad Sterling with interest allowed at rates chtamable
CURRENT ACCOUNTS opened on application.
Local Currency and Fixed The Bank's Head Office in London Deposits received for one year or undertakes Executor and Traste shorter periods in Local and Other business, and claims recovery of Currencies which will be quoted on British Income Tax overmeid, on application
terms which may be ascertained st
SAFE DEPOSIT BOXES of any of the Agencies and Branches various sizes to let.
B. A. CAMIDGE,
Manager.
BANGROK BATAVIA
ILOILO IPCH
"BALOON
BEREMBAN
KARACHI KLANG
SHANGHAI
SINGAPORE
SITIAWAN
BOURADATA
CAWNPORI
CU COLOMBO- DELI HAIPHONG
MANILA
82
Eagle Ficher Lead
Swift International
181
business undertaken.
Peg)
Chinese Eng. & Mining
Eaton- Mfg. Co.
Technicolor
93
(bearer)......
16:3
Elec, Autolite
33+
39
Texas Corpn.
Chosen Corporation
Elec, Bond & Share
4
Texes Gulf Sulphur
36%
4-
Mercantile Bank of In-
Elec, Bond & Share $5 pf.
544*
Tlaken-Axle
-331
dia. 55, "G"
10%
Hec. Bond & Share $6 pf.
64.
Trans-America Co.
5*
Pekin Syndicate
2/-
Elec. Power & Light $7 pf.
321
20th Cent. Fox.
77
d'hal Elec. Constr. Co.
15/"
Flintkote
14
Union Bag & Paper Corp.
123
B'ha Waterworks "A" Unlon Insurance Gula Kalumpong Rubber 15/7 LOB., Md. & Scot.. Rly. 144
13
Gen, American Trans.
$5
Union Carbide & Carbon
701
20
Gen. Electric
342
Union Pacific
813
Gen Motors
48
United Aircraft
Gen. Railway Signal
15
United Airlines Trans
16
Great Western Rly.
353
Gen, Tire & Rubber
121
United Corpn.
National Bank of India 31
Glidden Co.
141
United Corpn. $3 cum pi. 28%
423.
Docks (N), $18. Hotels. $3.50. Trams, $17.85/50. Lights Rts. $1.
B.-A. Tob (bearer)
88/9
Goodrich (BF)
134
Hong Kong 295th Feb., 1839.
United Gas Corpn.
Dunlop Rubber
32/72
Goodrich $5 ff.
63'
United Gas Improvement 10
Bristol Aeroplane
9/9
Goodyear Tire & Co.
192
U.S.. Industrual Alcohol.
264
THE CHASE BANK
Iraperial Chemical Ind
29/10)
Great Northern Iron Ore
151
U.S. Rubber
United Steel
22
Great Northern Rly, pfd.
26
US. Rubber $8 pfd.
903
54734
Great Western Sugar
21
U.S. Smelting
64
7'6
Greyhound Corpn.
114
U.S. Steel
cat
10
Hercules Powder Co
734
Vanadium
531
Sub-Nigel
155
Homestake Mining
513
Vultee Aircraft
81*
HEAD OFFICE:
18, PINE STREET,
NEW YORK.
& Trad
Int Nickel
25+
Walworth Co.
B
ין
(bearer)
45
Inter. Paper & Power
141
Warner Bros. Pict.
31
-ex div
Int. Tel. & Tel.
17+
Westinghouse Elec,
103+
Kentecott, Copper
381
Woodward Iron Cor.
331
i
5
Glass 454
Chase National Bank National City Bank
334* 201
27#
Amoy
Batavia Bombay Manila Calcntia
Helboard
Halphona
Nagaanka
Επίκου Ecnolain
New York
Nestle
Parli
Kore
Paling
Saigon
COAVSE
Market Repor
FROM ROZA BROS.
Thursday, Jan. 8. Silver prices dropped 1/16 yes- the terday for both deliveries, quotations being 23.5/18 for Ready and 23.1/4 for Forward, Silver ad- vices reported the market as being quiet with a small business done American Silver was quoted at 34.34 for Spot,
cross.
The London/New York rate was. quoted at 402.1/2. New York/London was quoted at 403.-
-3/4
Steady,
MARKET
STERLING
Some business was arranged at The market 1/3 for March. closed at 1 p.m. with sellers at 1/8 January/February and 1/2-
March/June, 13/32
buyers at 1/3.1/32 Cash and 1/3 April.
U. 8. DOLLARS Some business was "arranged at 23.11/16 for Cash, The market closed at 1 p.m. with sellers at 23.11/16 for Cash, buyers at 23.374 Cash
.. SHANGHAI DOLLARS Opered with sellers at Business was arranged at 428. 427.1/2 and also 427. The market closed with sellers at 426.1/2, buyers at 427.1/2.
SHANGHAI MARKET-
Sterling opened with sellers for Spot at 3.1/2 and closed with sellers at 3.33/64 for Spot. U. 8. Dollars opened with sellers at U. 8. Dollars 3.33/64 for Spot,
H.K. STOCK EXCHANGE
There is small business passing with Traris as the leader, other-Tientsin-Pukow Riy. 6% wise the market is Inclined to be dullish.
Buyers.
Bank of East Asia, $15. Union Ins., $400. HK. Fire Ins., $185. Humpreys, $7.95. Star Ferries, $81.
Yaumati Ferries, $24.25. Electrics (N), $39.85. Ropes, $8.
Entertainments, $7. Constructions (0), $1.85.
Sellers
¡Trams, $17.90. Lights X. Rts., $6.60. Lights Ris.. $1.05. Watsons, $11,40. Bibro Piling, $7.70.
Sales
HONGKONG
SHAREBROKERS'
ASSOCIATION
->1
Volume of Business Transacted on Thursday, Jan. 9, 1941 SALES
opened with sellers at 5.17/32 and china Light Rts....... 1,333 $ 1.00 closed with sellers at 5.9/16 for
Woolworths
Maraman Investments
Western Holdings
hell Trans
• bld.
LONDON STOCK
EXCHANGE
LONDON, Jan # (Reuter)- 18.00 Business in the Stock Exchange
500 1.00
Spot,
500
1,00
AFTERNOON MARKET
170
. 1.00
Quiet
U. S. Dollars were
shade steadler,
HK. Docks (N) Dairy Farms
50
100
19.10
STERLING
200
There were sellers at 1/3 for H.K. Tramways Cash and 1/231/32 February/June. H.K. Lands
500
100
4.
buyers at 1/3.1/32 for any de- Union Ins. livery,
B
17.85
34.50 410.00
#
3,459,
U. S. DOLLARS
A small transaction was report ed at 23.3/4 for near. The market closed with sellers at 23.3/4 for Cash, buyers at 23.19/16 Cash,
SHANGHAI DOLLARS .426.1/2 sellers, buyers at 427.
SHANGHAI MARKET- Sterling at 3.33/84 and U. 8.1 Dollars at 5.9/18 both sellers for Spot.
Shanghai Exchange
Shanghai, Jan: 9 (Reuter)
Official TT. Rates
London ..... New York
Japan
India
Paris Hongkong
Sterling
Opening
0/3-7/18
5-7/18 23-1/8 19
nominal 22-7/8
Bellers
Opening Closing
Spot..... 0/3-1/2 0/3-33/64 Jan. 0/3-1/2 0/3-33/64
0/3-31/64 0/3-1/2
Feb.
Bpot
Jan.
U.S. Dollarz
$5-17/32 $5-9/16
5-17/325-9/16
Feb........
5-1/2
5-17/32 Market: Quiet, but steady.
Silver Duty Hate The Central Bank of China's rate on London at 10 am. today was 1/2-1/20
The Equalisation rate was 231
per cent.
The total value is $23,998.00.
yesterday was mainly of a special- 19.25 Ised character. Speculative buy- ing and satisfactory progress of the war in the Middle East was res- ponsible for a rise in Olla.
Broadening demand, especially from the Province, caused a sharp advance in Home Ralis. Kafirs. notably non-producers, advanced on Cape buying and elsewhere
RESERVE BANK OF conditions were quiet though In- dustrials showed some firm spots. INDIA STATEMENT Wall Street WBX quiet and
steady. Calcutta, Jan. 8 (Reuter)....
- 1840 1941 Dec. 27 Jan. 3
Notes in circulation (including Notes
held in the Bank- ing Department)... 25,518 25,536 Rupee Coin and Bul-
SILVER MARKET
LONDON SILVER
London, Jan. 8 (Reuter).
Lakey Foundry & Mac. Libbey-Owens-Ford Lockheed Aircraft
1840
DOW JONES AVERAGE
High Low Dow Jones Averages 152.30 111.54 30 Industrials
32.67 22.10, 20" Rails 20.45 18.03 20
91.04 83.06 40 84.07 48.47 13-
Utilities Bonds
HONGKONG SAVINGS
BANK
The Business of the above Bank s conducted by the HONGKONG SHANGHAI BANKING COR- PORATION. Rules may be obtain
don application.
For the HONGKONG & SHANGHAI BANTING CORPORATION.
V. M. GRAYBURN,
Chief Manager:
BANK OF EAST ASIA, LIMITED
Authorised Capital10,000. OUQ,00 Paid-Up Capital 5,698,600.00 Reserve and Undivided
Porfits...
...2,983,281.80
Head Office:-HONG KONG No. 10 Des Voeux Road, Central.
Board of Director.
SIR SHOPRON Chow, Chairman
15, QUEEN'S ROAD, CENTRAL Li Koca Chan, Eaq,
An American Bank offering com "plete. Foreign Banking Service in the principal Markets of the World.
Interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by CHASE NATIONAL BANK, Yoxx, with Resources of
THE
Jan. 7,
133.02
24.39
Jan. 3, 1941. m High Low Close 133.74 132.36 133,02 28.96 28,38 28.78 20:18 20.01 2008
Change
New
.19 up
over
39 up
.01' up
91.28 57.58
20.07 ".91.01 Commodity Index 57.35
YUNNAN-BURMA
22 up .29 up Business Done:--640,000 shares.
ly, according to information from Chungking received by local Chi-
RLY. CONSTRUCTION ese
RANGOON, Jan. 9 (Reuter) —
It is stated that a plan has been drawn up by the. Ministry of The construction of the western Communication in Chungking and section of the Yunnan-Burmat, under the consideration of the Railway will be accelerated short-Executive Yuan
5.82,000,000,000.
D. M. BIGGAR.
P. K. Kwok, Esq. Wong Yun Tong, Esq.
Chan Ching Shuk, Esq.
Li Lan Sang, Esq.
Wong Chu Son, Esq.
Fang Ping Wah Esq.
KAN TONG PO, Esq., Chief Manager Li T8E FONG, Esq, Manager
"Branches and Agencies: --..
Korloom
Panang
Bangook Loudon
Bingapore Bourabay
Swatow
San Fran- Sydney
cisco Tinatalie
Bemarang
Shangha
Every description of Banking and Exchange busiuesa transacted. Lolos granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposita re- Second Vice Preza.ceived for one year or shorter periods in Local and Foreign Cut- rencies on terms which will be quoted on application.
A job?
WANT ADS
INDO-CHINA
Silver-Market quiet, Business STEAM NAVIGATION COMPANY LTD.
2,884 very small. In the afternoon, the
market was very qulet.
4.441 4.441
4.961 4.961
Spot, 23-5/180,
ilon in India...... 2,985 Gold Coin and Bul-
lion in India Securities (Indian
Government) Securities (British
Government)
13.150 13.150. (Figures in Lakhs of Rupees).
LONDON GOLD
London, Jan. 8 (Reuter). Bar Gold, Fine per oz, 188/-
India Rupee Paper
Am Bombay, Jan. 8 (Reuter). Govt. 34% Rupes, 94-08-0;
Calcutta Exchange
Calcutta, Jan. 8 (Reuter)
TT. on Japan, 81-1/4.
Forward. 23-1/4d.
BOMBAY SILVER
Bombay, Jan. 8 (Reuter). Market-Quiet but steady. Off- take 50 bars,
Ready
Indian Mint Silver
Jan. 22 Settlement February
82-00
61-15 61-15
LONDON METALS
Tin.
EXCHANGE
London, Jan. 8 (Reuter).
Standard, Cash, Middle
Price, £258-3/4...
Tin, Standard, 3 months, Midda Price, 2259-7/8.
Opsting Bervices for Cargo and Passengers
TO-
SWATOW, SHANGHAI, TSINGTAU, CHEFOO.
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 particulars
please apply to
JARDINE MATHESON&Co., LTD
TELEPHONE KOJIL - GENERAL MANAGERS
SAFE LEPOSIT BOXES TO LET.
KAN TONG PO.
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
... BANK PAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerous Branches la 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 sod Exchange.
Head Office:-SHANGHAI Bong Kong Branch:
4, QUEEN'S ROAD, C.--
South China Ofices:
CANTON
SWATOW
SHIUCHOW
KONGMOON.. TOISHAN
KINGCHOW
We also handle the imue of Bonds and other Public Funds" of the Chinese Government both, at Home and Abroad.
SHOU J, CHEN,
Manager.
4