".
'(REUTER'S SERVICE)
NEW YORK, Jan. 9 1940
Prev. Today's"
New York Cotton. March ......... 10,55 New York Rubber, March
High Low 10.48
Chicago Wheat, May
Chicago Corn, May New York Hides, March
871 371 623 621 13.85 13.54
Close Close Change 10.54 10.55 01 up 20.16b 20.10b 06, of 87,1 871 + up 621 621 ∙unch. 13.78 13.66b 10 off
STOCKS
Adams Express
NEW YORK COTTON
13
January
Close
10.44 N
Opening 10.44/44
Closing
Change
Alleghany Steel Co.
10.45 N
01. up
Allis Chalmers
62 3/1
March
10.54/55
10.51/50
10.55/55
01 up.
Aluminium Ltd,
May
10.52/52
10.48/48 10.53/53
.01 up
Amer. Can makan
10.35/38
10.33/93 10.40/40
.05
up
American Cyanamid B.....
9.87/89
9.88/88
9.88/82
.01
Up
Amer. & Foreign Power
9.83/83
9.34/84
9.83/83
unch.
Amer
& Foreign $7 pt.
Amer. Locomotive
Amer, Metals Co.
Amer. Radiator
20.18b/23a
20.18/18.
20,10b
:06 off
Amer. Rolling Mill
20.03/03 19.85b
20.00/00
} 19.70b
19.85 A 19.82b/70a
19.95/95 19.75b 19.82b
of
Amer. S'ting and R’ing Co.
off
Amer. Sugar Refining
.08 0
Amer. Tel, & Tel........
Amer. Tobacco "B"
Credits 4 months' sight Nom.
Amer. Waterworks
| CHICAGO WHENT
On Saigon
Anaconda Copper
On demand
101 1/2 May.................
37/871
On Manila:
July
On demand
...... 40 3/4
September
82/82".. 821/82+
978/872 821/821
071/871 8217824 83/83
+ up
Atchison, T. & S. Fe.
1. up
Aviation Corp.
up
Baldwin Lecometive
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS JANUARY 10, 1941.
On London:—
Telegraphic Transfer, 19 7/3 Bank Bills, on demand 1/9 7/8 Credits 4 months' sight
On Shanghai:—
On demand
On Singapore:~-~
On demand
On Japanem
On demand
Telegraphic
......... 192 1/2" (July
NEW YORK COMMODITY MARKET
Transfer.
October December
82 1/2
and demand .....
Bank Bills, on demand 23 3/8 Crediis, 80 days' sight 24 1/8
On 'India
On New York:
On Batavia:---
On demand
On Paris:-
1
43 3/4
Bank Bills, on demand Non.
Total sales Wednesday:-198,800 bales.
NEW YORK RUBBER
March
May
July (New contract)
September
Total sales:-220 tons.
8398
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
JANUARY 10, 1941...
Last Sale
Loew's In
SATURDAY, JANUARY 11, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital... $50,000,000
ין
INDIA, AUSTRALIA
AND CHINA.
Isaued & Fully Paid-Up $90,000,000 Incorporated by Royal Charter, 1850
Ieserve" Funds:
Paid-Up Capital £6,500,000 Reserve Fund
H. Currency Reserve $10,000,000 Reserve Liability of Pro
$20,000,000
£3,000,000 £2,000,00
prietors...
...£3,000,000
HEAD OFFICE: LONDON:
Head Ofce:-HONG KONG
Hon. Mr. T. E. Pearce,
Hon. Mr. A. L. Shields,
Sir Vandeleur M. Grayburn,
Chief Manager.
38, Bishopsgate E.C.P.;
Sub-Agencies In London; 117/192. Leadenhall Street;: E.C.) West End Branch:
14/16, Cockspur Street, S.W
Manchester Branch:
52, Mosley Street, Manchester,
AGENCIES AND BRANCHES A
BARBIN PENANG.. KONG CÙNG 2418001 TLOIEN
BANGKOK BATAVIA BOMBAY
AGENOJES OLITE STERIT FAIRLIN PLACE CANTON CAWNPURE CK80 COLOMBO-
IPOH
KLANG
кон KUALA
LUMPUR
KUCHING
MADRAS MANILA
CALCUTTA
BAIGON
BEREMBAN
ZARACHI
SHANGHAI
SINGAPORE
SITIAWAN
Sterling
STOCKS
Lost Sale
| Reserve Liability of
Jan. 9
.. Jan 9
Proprietors
331
| Loft Incorpersted
247
181
361
Mack Truck e.
321
Martin, Glen L
301
737
Board of Directors; Hon, Mr. J. J. Paterson,
McKessun & Robbins, pfd. 241
944
Montgomery Ward
39
37
M'tain City Copper Co.
C. C. Roberts, Esq.,
31
1
National Aviation
Chairman,
Deputy Chairman.
107
16
181
Nat; Dairy Products
141
J. E. Bousfeld," Esq.,
National Distillers
24
A. E. Compton, Esq.,
18*
National Lead
7
174
L. J. Davica, Esq.,
15
Nat, Fower & Light
Hon. Mr. S. H. Dodwell,
ALOR STAR AMBITBAR
67
National Supply Corp.
G. Miskia, Esq.,.
++1
153
New York Cental .....
13
E. S. Morrison, Esq.,
Niagara Hudson Power
3
168
N. American Aviation
173
74
North American Co.
17
- SOURABAYA
61
27
Northern Paclic
211
Owens-Illinois Glass Co.
43
Branches:
5+
Pacific Gas & Elec
281
וי
18
Packard Motors
32
Àmoy!
Jobore
.
On Bangkok:-
Wednesday's sales:-7,186,000 bushels,
Baltimore & Ohio
4
Pan-American Airways...
15
Bangkok
Kobe
Rangoon Saigon
On demand
149
Barber Asphalt Co.
10
Paramount Pictures
12
Batavia
Kowloon San
CHICAGO CORN
On Sterling Notes:-
Barnsdall Ou
91
Pennsylvania R.R.
24
Bombay
Kuala
Francisco HAMBURG
Calcutta
Bank Buying Rate
Now.
May.
621/621 621/621
-621/621
unch.
Bendix Aviation
351
Philadelphia Read, Coal
5/32
Canton
London
Singapore
Bar Sliver per oz
23/9
July...
621/621 821/621
627/622
❘ up
Bethlehem Steel
881
Phillips Petroleum
40
Chefoo
Lyons
September
621/621
621/624
up
Bliss Co.
19
Pubile Service of NJ.
291
Colombo
Malacca
Sungei
NEW YORK HIDES
Boeing Airplane Co.
March Jane
Surg-Warner
13.76/76
13.45/45
13.85/80 13.49;49
13,68b
.10 off
13.340/35a
Briggs Mfg.
11 off
Budd M'facturing Corp.
Canadian Pacific R'way
Case, JI
5.07 N 5.13/13
5,05by 10a 5.10/10
- 5.03n
1.99b/2.00a 2.03b/048
Celanese....
5.09/09
g*
.04 of
Chesapeake & Ohio
04 off
Chrysler Corpn.
"
Columbia Gas & Elec
2.00b/01a 2.04b/050 .01. up
.01 up
Commercial Credit Co.
Com, & Southern (Ord.)
Consolidated Edison
Consolidated on
Continental Can
3/4.
MARKET
Quiet:
May
73/74 751/761
73/741
-77/77
744/75 77/78
01 02
up
€
Continental Oll
up
Copperweld Steel
Ourtiss Wright (C)
Curtiss Wright "A"
Deere & Co. .....
11.11b
.04 of
Distillers Corpn. Seagrams
.03 off
Douglas Aircraft
Du Pont de Nemours......
Eagle Picher. Lead
Eaton Mfg. Co
Elec, Autolite
:.
Elec.. Bond & Share
LONDON
METALS
Elec. Bond & Share $5 pt.
Elec Bond & Share $5 pf. 63 Elec. Power Light $7 pf.: 331' Flintkote
Gen. American Trans.
Gen, Electric
Gen. Motors
Gen. Railway Signal
Gen. Tire & Rubber
Glidden Co.
Goodrich (B.F.)
Goodrich $5 pf.
buyers
11
E
War Loan, 34% (Red
after 1952)
1031
Defence Loan, 3%
Canton-K'loon Rly. 6%
101 13
inese 41% Gold Lan
1898 (Brit. Issues Chinese 5% Gold Bonda,
1925/47
44
12-47
Loan, 1908
45
Chinese 5 Crisp Loan
1912
261
London, Jan. 9 (Reuter), Bar Gold, Fine per oz,.168/-
Chinese 5% Reorg. Loan.
1913 (Ldn. Is.)
34
nese 8% Ster. Notes.
1925 (Vickers)
10
Imperial Chemical Ind. 30-
Chin. Imperial Rly, 5%
Loan
United Stee.
22/3
Woolworthy
53/9
47
1940
Marsman." Investments
man Rly, 5%
17
7/6
SHukuang Rly. 5%, 1911..
Western Holl
(LP, N/Y Issue).
15
Sub-Nigel
∙10/71/
155
32.87 22.16 20
Abell
Hukuang Rly. 5%, 1911
(German Issue)
13
bearer,
Lung Tsing &
Hai
bid,
45/71 ex, div.
28.45 18.03 20 91.26 83.06 40 64.07
High Low Dow Jones Averages 159.80 111.94 20 Industrials
Rails Utilities
Jan. 8, 133.02
Jan. 10, 1941. -
High Low Close 133.94-132.79 133,-9
Change
37 up
2.78
20.08
Bords
91.26
48.47 11
Commodity Index
57,58
.52 up .08 up Business Done:-860,000 shares.
29.68 28.01' 29.65 20.28 20.04 20.91.33 up
.87 up
Subscribed Capital Paid-up Capital
91.76
Reserve Fund and Best,
51.08
Rly. 5% 1813 6'hal-N'King Rly. 5%
14
18
Opening
Tientsin-Pukow Rly. 5%
(Brit. 8tpd.)
15
......
0/3-7/18 6-7/19 23-1/8-
Tientsin-Pukow Rly. 5%
19
nominal 22-7/8
(German Stpd.) ......... Tientsin-Pukow Rly, 5% (Brit. Stpd. 8upl. Loan) Tientsin-Pukow Riy. 5% Ger. Stpd. Supl. Loan) Jap. 6% Bter. Loan, 1924 Ger, 1% Intl. Loan, 1924 5% Chartered Bank
15
Bangkok Ipoh
Bombay
Jaliza
Calcutta
! Colombo
Kous Bharu
15
15
301
TO-
K. & Shai Bank (Ldn. Reg.)........
1
784
and TIENTSIN
H.K. & Shal Bank (Col.
Reg)
82
SINGAPORE PENANG" and CALCUTTA
Obmese Bag. & Mining
(bearer)
18/3
Jan. Feb....... Market:-Quiet
5-17/32 5-1/2
Chosen Corporation
4/-
Mercantile Bank of In-
All steamers berth alongside.
the Roosevelt Terminal in
Sliver Duty Rate
día. £5, " Pekin Syndicate
107
the French Concession at
2/-
15/
Shanghai, where passengers and cargo are landed.
131
20
Calcutta, Jan 9 (Reuter).
Lon. Mid, & Scot., Rly. 151 Great Western Rly.381 National Bank of India 32 B.-A. Tob (bearer)...... 88/9 Dunlop Rubber ....... 33/- Bristol Aeroplane ................... 9/9
Goodyear Tire & Co.
Great Northern Iron Ore
Great Northern Aly, pfd.
Great Western Sugar
Greyhound, Corp.
Hercules Powder Co...
Homestake Mining
Int Nickel
Inter Paper & Power
Int. Tel. & Tel
Kenrecott Copper
Glass 45
Lakey Foundry & Mac. Libbey-Owens-Ford Lockheed Aircraft
Market Repor
FROM ROZA BROS..
Friday, Jan. 10.
silver prices rose 1/16 yester
day for both deliveries, the quota-
Total sales for the day:-168 lots.
NEW YORK COCOA
tions being 23.3/8 for Ready and March
23.5/16 for Forward, 80ver ad-May ......
vices reported the market as being NEW YORK SUGAR NO. 3:
quiet with a small business done. March
American Silver was quoted at May". 14.3/4 for Spot
The London/New York cross-
Volume of business done:-330 lots. rate was quoted at 402.1/2. New NEW YORK SUGAR NO. 4: York/London was quoted at 403.- March
STERLING
Volume of business done:-238 lots NEW YORK COPPER FUTURES March
There were sellers at 1/3 Cash/July January and 1/2.31/32 February/
11:15/15 11.15/13 11.17D
11.19/19 11.14 NY. Official Silver 34-3/4
34-3/4 June. buyers at 1/3.1:32. for any NY-London Cross Rate 4.03-3/4
4.03-3/4
delivery.
near.
U. S. DOLLARS Some business was reported at 23.3/4 for
The market closed at i p.m. with sellers at 23.3/4 Cash/February, buyers at 23.13/18 for Cash.
SHANGHAI DOLLARS Business was arranged at 427. Closed with sellers at 427. buyers bidding 427.3/4,
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
EXCHANGE
London, Jan. 9 (Reuter), TID,
Standard, Cash, Middle Price, 256-3/4.
Tin, Standard, 3 months, Middle Price. £259-3/4d,
Londen, Jan. 9. The following quotations are the middle prices at the close of the market in London. All quotations" Opened with sellers of Sterling are subject to confirmation and no for Spot at 3.33/64 and closed a responsibility is assumed for errors shade easier with sellers at 3.1/2 in transmission.
SHANGHAI MARKET
for Spot. U. S. Dollars, there were) sellers for Spot at 5.9/10 through- out the day.
AFTERNOON MARKET
The market was stagnant in the aternoon, nothing doing.
STERLING
The market closed with sellers) at 1/3 Cash and 1/2.31/32 Feb- ruary/June, buyers at 113.1/32 for any delivery.
U. S DOLLARS There were sellers at 23.3/4 Cash/February and possible buy-
ers at 23.13/18 Cash,
SHANGHAI DOLLARS
427.1/2.
SHANGHAI MARKET Sterling at 3.1/2 and U. Dollars at 5:9/16, both sellers for Spot.
Shanghai Exchange
Shanghal Jan. 10 (Reuter).
Official T.T. Rates
London New York
Japah...
India
Paris Hongkong.
Spot
Jan Fed.
Sterling
Gellers
Opening Closing 0/3-33/04 0/3-1/2 0/3-33/64 0/3-1/2
Chin. 41% Anglo-French
SILVER MARKET
LONDON SILVER
London, Jan. 9 (Reuter).
trade demand.
„Silver--Little
satisfied. Business small
In the afternoon, the market was very quiet.
Spot, 23-3/8d.
Forward, 23-5/10d.
LONDON GOLD-
Trans & Trad
"Trix Central Bank of China's B'hal Elec. Constr. Co. rate on London at 10 a.m. today Bhal Waterworks "A" was 1/2-1/26
Union Insurance
The Equalisation rate was 24 Gula Kalumpong Rubber 15/74 per cent.
Caleurts Exchange :
TT. an Japan, 81-1/4,
INDO-CHINA
STEAM NAVIGATION COMPANY LTD
Operating Services for Cargo and Passengers
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
KOBE and OSAKA
For further particulars
please apply to-
BANKERS:
The Bank of England and Midland
Bank, Ltd. BRANCHES:
Delhi
Galle
Hongkong
Howrah
Kuantan Handy
Karachi
Kunis pla
J
Kuala. TrenggIDU Madras
New York
Penang Валяров
Shanghai
Strali Kuala Lumpur Singapore HONG KONG BRANCH: Every description of Banking and Exchange
businder trenanoted.
TRUSTEE AND EXECUTORSHIP
UNDERTAKEN
CURRENT LOCOURTB opened in Local Car: rancy FIXED DEPOSITS roseived in Local Currency & STERLING on terms that may be ascertained on aplicados.
What do
BENSON,
*Banager
you want?
If there is anything you want to buy or sell try a small Classified advertise ment in the Hong- Long Daily Presă.
JARDINE MATHESON&Co.,LTD. 25 words $1.50 prepaid TELEPHONE ZOJII GENERAL MANAGERS
For on
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 in Chins and connections in "the grincipal 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'8. ROAD, "C. South China Offices
CANTON
SWATOW
SHILCHOW
KONGMOON
TOISHAN
KINGCHOW
We also handle the issue of Bonda
and other Public Funds of the Chinese Government both at Home and Abroad:
CHEN
SHOU J.
Manager.
0/3-1/2 0/3-31/64 U.S. Dollars-
Spot $5-9/16 $5-17/32
5-9/16 5-17/32
SANDAKAN
HAIPHONG
171
Pullman Ine..............
271
Dairen
Manila
201
Pure O
81
Foochow
Muar
248
Radio. Corpn. of Am.
41
Haiphong
5
Reading Company,
Cam
141
(Johors) Tientsin Mukden Tokyo
Harbin
4.
Remington Arms Co., Inc.
€*
- Doilo
59
Republic Aviation Corp.
5
Ipob
20
Republic Steel
221
433
Revere Corp.
101
701
Reynold Tobac. "B"
331
IF
41
Safeway Stores
44)
30%
Schenley Distillers
118
13/16
Johnsman
623
221
Sears Roebuck'
78
51
Shell Union Oll
12
381
Socony-Vacunum O
91
various sizes to let,
201
Southern Pacific
18
Southern Rly $5 pfd,
231
TRUSTEE and EXECUTOR business undertaken.
Bankow
Lumpur Shanghai“ HANKOW
Sourabaya
Patani Swatow
New York Tsingtao
Peiping Yokohama Penang
NEW YORK FRIPING
(Peking)
TAIPING
TIENTSIN TONGKAH
TAINGTAK
TOKOHAMA
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT Accounts 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 obtainablo
DURRENT ACCOUNTS opened an application.
Local Currency and Fixed
The Bank's Head Offee in Loudon Deposits received for one year or undertakes Executor and Trustes shorter periods in Local and Other business, and claims recovery of Currencies which will be quoted on British Income Tax ovarnaid, on
terms which may be ascertained at.
application,
SAFE DEPOSIT BOXES of any of the Agencies and Branches.
R. A. CAMIDGE,
Manager,
(Bhuket)
DELFI
MIDAN
BALPHONG
91
291
Spicer Manufacturing Co
364
Standard Brands
of
HONGKONG SAVINGS
22
1
Stand Gas & Elec. .......
11
BANK
18
Standard Oil of California
201
79
Standard Cu of N.J.
36
The Business of the above Bank
1621
Stone & Webster
7]
is conducted by the HONGKONG
BANK OF EAST ASIA, LIMITED
101
Studebaker Com,
81
SHANGHAI BANKING COR
364
Swift International
18)
33
Technicolor
91
ad on application.
4 il
58*
Texas Corpn.
39
BANKING CORPORATION,
Texes Gulf Sulphur
37
Timken-Axle
334
V. M. GRAYBURN,
Chief Manager.
Trans-America Co.
5.
Hong Kong. 25th Feb., 1930.
..14
20th Cent. Fox.
7
544
Union Bag & Paper Corp.
12)
347
Union Carbide & Carbon
70
THE CHASE BANK
48
Union Pacific
85
151
United Aircraft
431
12
United Airlines Trans
164
148
14
United. Corpn.
1}
64,
United Corpn. $3 cum pf.
291
United Gas Corpn.
..191
United
Gas Improvement
104
151
US. Industrual Alcohol.
27+
277
211
U.S. Rubber
22+
U.S. Rubber så pid.
93
121
U.8 Smelting
63+*
76
U.S. Steel
694
514
Vanadium
93
251
Vultee Aircraft
81*
147
Walworth Co.
6
3
41
Warner Bros. Pict.
3+
361
Westinghouse Elec.
1031
281
Woodward Iron" Cor. Chase National Bank National City Bank
33
337**
*281*
DOW JONES AVERAGE.
THE MERCANTILE BANK OF INDIA, LIMITED
PORATION. Rules may be obtain- | Authorised Capital.....$10,000,000.00
For the HoxoXONG & SHANGHAI | Reserve and Undivided
Head Office:~HONG KONG No. 10 Des Voeux Road, Central.
Board of Director.
812 SHOPBOK Chow, Chairwion Li Lan Sang, Eaq. P. K. Krok, Esq. Wong Chu Son, Esq.
15, QUEEN'S ROAD, CENTRAL Li Koon Chun, Esq.
HEAD OFFICE:
19, PINE STREET,
NEW YORK.
An American Bank offering com- picte Foreign Banking Service. in the principal Markets of the world.
Interest Rates on Application.
SAFE DEPOSIT BOXES
THE
This Book is entirely owned by
BANE, CHASE NATIONAL NEW YORK, with Resources of over. U.S.82,900,000,000.
Wong Tan Tong, Beq. Fung Ping Wad Eng. Chan Ching Sh0z, Esq.
Kas TONG Po, Esq., Chief Manager LI TE FONO, Esq., Manager
Ampy Batavia Bombay
Branches and Agencies:"
Dalatia Haiphong Hakow Honolala
Loudes Kani
Malbourne
New York Parte
Polydor
Pening Mangoda Saigon Bwatow
Bingspor Bouzabaya
San Fran Bydney
elco Fontain Battle
Bemarang
Shaphai
OORTEN
Every description of Banking and Exchange business transacted. Loans granted ou approved securities.
Current Accounts opened in Looal Currency and Fixed Deposita re- Manager.ceived for
D. L. BALLANTYNE,
Head Office:-15, Gracechurch Street, London, EC3 Authorised Capital
one year or shorter periods in Local and Foreign Car- rencies' co terms which will he quoted on application.
SAFE DEPOSIT Boxes To Lær
KAN TONG.PO,
Chief Manager.
£3,000,000
£1,800,000 £1,050,000
li
€1,264,639
Paid-Up Capital ........
1,598,800.00
Porfits
..2,983,281.50
Eotr