High
Low
10.60 10.51
20.09 20.08
20.08. 20.06B
.02 off
871 867
871 86:
1.00 off
621 821 13.53 13.55
621 627
13.62b 13.51
off 11 of
STOCKS
410
Close
January
10.49 N
Opening
10.50a
Closing
Change
Adama Express
10.48 N
.03 off
Alleghany Steel Co.
52 3/4
Allis Chalmers
March
10.58/58
10,59/59
10.54/55
.03 off
May
10.58/58
10.60/60
10.55/55
.03 off
Aluminium Ltd.
103 1/2
July
10.47/47
10.49/49
10.47/48
".01 up
Amer. Can
October
9.99/99
9.99/99
9.95/95
.04 off
American Cyanamid B.
183 1/2
December
9.95/95
9.95/95
9.92/92
03 off
Amer. & Foreign Power
Amer & Foreign $7 pf.
Total sales Friday:-100,800
bales.
Amer. Locomotive
Amer. Metals .Co.
NEW YORK RUBBER
March
Amer. Radiator
May
20.08/08 19.97b
20.09/08
20:06 B
-.02 0
Amer. Rolling Mil
19.93b, 20.00a 19/93 B
.04 AM
Amer. Sting and R'ing Co.
July (New contract)
19.80b
September
19.64 N
unquoted unquoted
19.950/76a
04 OF
Amer, Sugar Refining
19.60 B
.04 Off
Amer. Tel, & Tel.
Amer. Tobacco "B"
Amer. Waterworks
101 1/2
CHICAGO WHEAT
Anaconda Copper
May
872/871
48 3/4
July
827/827
371/871 823/823
149
September
83/831
862/861 821/82** **823/821
.01 of
Archisch, T. &.8. Fe.
Aviation Corp. ......
3 of
Baldwin Lecometive
1 off
Baltimore & Ohio
Barber Asphalt Co.
"Now.
Barnsdall Ol
CHICAGO CORN
23 5/16
Bendix Aviation
May
621/621.
621/021
July
September
621/621 627/620 624/623
621/621
821/621 621/624
i off
Bethlehem Steel
I off
Bliss Co.
3 of
Boeing Airplane Co.
FROM ROZA BROS.
January 11. Bilver prices dropped 1/16 yes terday for both deliveries, the quotations being 23.6/16 for Ready 23.1/4 for Forward. Silver and
NEW YORK COCOA advices reported the market as being dull, American Silver was March quoted at 34.3/4 for Spot
May
Borg-Warner
NEW YORK HIDES
Briggs Mig.
March June
13.625 13.35/35
13.61/60 13.30/30
13.51 B 13.25b/382
.11. off
Budd Mfacturing Corp.
.09 off
Canadian Pacific R'way
Case, JI
Celanese
Chesapeake & Ohio
Chrysler Corpn.
5.05/05 5.11/11
5,05/05
5.09%
5.03 N 5.10 N
02 Off
Columbia, Gas & Elec.
.01 of
Commercial Credit Co. ...
Com, & Southern (Ord.)
Consolidated Edison
March
3/4
MARKET
Stagnant.
STERLING
May
2,00b/01s 2.050/05a
Consolidated Oll
Continental Can
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
JANUARY 11, 1941.
On London:—
Telegraphic
Transfer, 1/9,7/3 Bank Bills, on demand 1/2 7/8 Credits 4 months' sight
On demand
On Shanghai:—
On demand
On Singapore:-
On Japan:-
On demand
On India:-
and demand
On New York:-
Telegraphic Transfer.
Bank Bills, on demand 23.3/8 Credits, 60 days' sight 24 1/8
On Batavia:—·
On demand
Bank Bills, on demand Nom. Credits 4 months' aight No.
On demand..........
On Paris:-
On Saigon:-
On Mania :—
On demand
On Bangkok
Ou Sterling Notes:-
On demand
Bank Buying Rate
Bar Bliver per ox
Market Report
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE)
NEW YORK, Jan, 11, 1941,
New York Cotton, March New York Rubber, March Chicago Wheat, May Chicago Corn, May New York Hides, March NEW YORK COTTON
Total sales-00 tons.
Friday's sales:-Unreceived.
Total s'es for the day:--29 fots.
The London-New York Cross- rate was quoted at 402,1/2. New NEW YORK SUGAR NO. 3:
York-London was quoted at 403
.......
"
Prev. Today's
Close Close Change 10.58 10.55N .03 of
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
JANUARY 12, 1941,
MONDAY, JANUARY 13, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
INDIA, AUSTRALIA
AND CHINA
Issued & Fully Paid-Up $20,000,000 Incorporated by Royal Charter, 1838
Paid-Up Capital £6,500,000 Reserve Fund
....£3,000,000 £3,000,000
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro-
pristors
...£3,000,000 HEAD OFFICE: LONDON:
Hon. Mr. T. E. Pearce,
Hoa. Mr. A. L Shield, "Sir Fandeleur M. Grayburn,
Chief Manager.
Haiphong (Jobors) Tientsin
Mukden Tokyo
in
New York Tsingtao Peiping Yokohams Penang
38, Bishopsgate E.0.2
Sub-Agencies In London:
117/122, Leadenhall Street, E.C.a West End Branch: 14/164 Cockapur Street, S.W ! Manchester Branch:
68, Mosley Street, Manchester, L AGENCIES AND BRANCHES
ALOK STAK AMRITHAR BANGKOK BATAVIA
BOMBAY
HARBIN
PENANG
HONG KONG RANGOON ILOILO IPON KARACHI
CALOUTTA KLANG
AGENCIES: KORE
CLIVE STAT
FAZALIN PLACH
CANTON
CAWNFÖR
KUALA
LUMPUR KUCHING
MADRAS MANILA
MEDAN
NEW YORK PIPING
(Peking)
BAIGON
BERIMBAN
SHANGHAI
SINGAPORE
SITIAWAN
BOURABAYA
TAIPING
TIENTSIN
TONGKAR
(Bhuket)
THINOTAU
TOKOHAMA
FOREIGN EXCHANGE and General Banking Business transacted.
CURBENT ACCOUNTS cpened and FIXED DEPOsirs 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 and Sterling with interest allowed at rates obtainabla on application.
CURRENT ACCOUNTS opened Local Currency and Fixed
The Bank's Head Office in 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- application,
terms which may be ascertained at. of any of the Agencies and Branches.
R. A. CAMIDGE,
Manager
DEPOSIT BOXES various sizes to let
BANKING CORPORATION
Authorised Capital....... $50,000,000 |
Reserve Funds:
Sterling
Reserve Liability of
Last Sale
STOCKS
Lost Sale
Proprietors
.$20,000,000 |
J
Jan. 11.
Jan. 11
71
Loew's Inc.
Head Office:--HONG KONG
33ğ
24
Loft Incorperated
1814
36
Mack Truck Inc.
321
*3*
Martin, Glen L.
Board of Directors: Hoa. Mr. J. J. Paterson,
307-
941
McKesson & Robbins, ptd.
241*
37
Montgomery Ward
39
M'tain City Copper Co.
Chairman. C. C. Roberts, Esq.,
Deputy Chairman.
31
181
National Aviation
104*
J. E. Bousfeld, Esq.,
103
Nat, Dairy Products
14
191
National Distillers
244
A. H. Compton, Esq., L J. Davies, Esq.,
7
National Lead
Hon. Mr. 8. H. Dodwell,
17
15
G. Miakiu, Esq.,
Nat, Fower & Light
7+
K. S. Morrison, Esq.,
441
National Supply Corp.
61
151
New York Cential....
149
167
Niagara Hudson "Power
31
741
N. American Aviation
17
71
North American Co.
17
262
Northern Parific
71
Branches:
213
Owens-Illinois Glass Co.
CEBU
487
51
Pacific Gas & Elec
281
Amoy
17%
Bangkok
Johore Rangoon Kobe
Saigon
COLOMBO
DELHI
Packard Motors
31
Batavia
Kowicon San
HAIPHONG
41
Pan-American Airways
15
Bombay
Kusla
Francisco HAMBURG
10
Paramount Pictures
12
Calcutta
Lampur Shanghai HANKOW
94
Pennsylvania R.R.
24
Canton
London
Singapore
351
Philadelphia Read. Cos]
**
Chefoo
Lyons
Sourabaya
85
Philips Petroleum
397
Colombo
Malacca
Sungei
184
Public Service of N.J.
291
Dairen Manila
Patani
172
Pullman Inc....
261
Foochow
Muar
Swatow
*.103
Pure Oil
B4
Hankow
241
Radio Corpn. of Am.
43
Harbin
5
Reading Company,
Com
14
floilo
31
.:
Remington Arms Co., Inc
52*
Ipoh
57
Republic Aviation Corp.
41
28*
Republic Steel
214
44
Revere Corp.
101*
701
Reynold Tobac. "B"
34
41
Safeway Stores
447
304
Schenley Distillers
114
13/16
Sears Roebuck
78
23
Shell Union Oil
111
SAFE
6
Socany-Vacunum Of
391
Southern Pacific
9
Continental Cl
20%
Southern Rly $5 pid......
231
TRUSTEE and EXECUTOR business undertaken.
NEW YORK SUGAR NO. 4:
March May
Copperweld Steel
181
Spleer Manufacturing Co.
371
Volume of business done: 32 lots
NEW YORK COPPER FUTURES
India
London
0/3-7/18
New York
Japan
5-7/16
·23-1/8- 13
Paris
Hongkong
Spot
Jan.
Feb
Spot
Jan.
There were sellers at 1/3 for Cash and 1/2.31/32 February-June, buyers at 1/3.1/32 for any deliverv
U. S. DOLLARS
No business was reported. There March were sellers throughout the day July
at 23.3/4 for Cash, buyers bidding N.Y. Official Silver ... 34-3/4 23.13/16 Cash
SHANGHAI DOLLARS
Some business was arranged at 428.1/4. Closed with sellers at 427.12. buyers at 428.1/4
SHANGHAI MARKET Sterling, at 3.1/2 and U.S. Del- lars at 5.9/16, both sellers for Spot.
Shanghai Exchange
Shanghai. Jan. 11.(Reuter).
Official T.T. Bater
Opening
Sterling
nominal 22-7/8
Sellers.
Opening Closing 0/3-1/2 0/3-1/2 0/3-31/84 0/3-1/2
0/3-31/84 073-31/84
'D.8. Dollars
35-17/32
NY-London Cross Rate 4.03-3/4
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Jan. 10.
The following quotations are the middle prices at the close of the) market in London. All quotations are subject to confirmation and na responsibility' is assumed for errors in transmission.
War Loan, 3% (Red.
after 1952)
H.K. STOCK EXCHANGE
January, 11.
The market continued very quiet.
Buyers
Canton Ins.,- $205. 'Union Ins., $405. H.K. Fire Ins., $165. Wharves, $94.
Trams, $17.85. Star Freries, S61. Taumati Ferries, $24.25. Ropes, $8,
Dairy Farms, $19.10. Entertainments, $7.
Constructions (Old), $1.60.
Gen Motors
.7447.75 .774/78
.74/.751 ..771/.79
74/75 777778
up
up
85
Curtiss Wright (C)
Curtiss Wright "A"
Deere & Co.
Distillers Corpn. Seagrams
Douglas Aircraft
Du Pont de Nemours
11,000 11.05b/109
10.98b/11.10a 11.08b/158. 11.00b/14a 11.10b/18a
unquoted 4.03-3/4
35 up
Eagle Picher Lead
.08 up
Eaton Mfg. Co.
Elec. Autolite
Elec Bond & Share
Elec. Band & Share $5 pf.
Elec. Band & Share $6 pf.
Elec. Power & Light 37 pf.
Fintkote
Gen. American Trans.
Gen. Electric
Gen. Railway Signal
Gen. Tire & Rubber....
Glidden Co,
Goodrich (BF)
Goodrich $5 pf.
Goodyear Tire & Co.
Great Northern Iron Ore .. Great Northern Rly, pid,
Great Westem Sugar Greyhound Corpn. Hercules Powder Co
103-5/16
Defence Loan, 3%....
Canton-Kloon Rig. 5%
101
13
Chinese 41% Gold Lan
1898 (Brit. Lane) Chinese 5% Gold Bonds,
1925/47
44
Sellers
Lights Rig., 95 eta..
42-47
Electrics, $40.40.
Chin. 44% Anglo-French
Cements. $18,60.
Loan, 1908
45
Watsons, $11.40.
Chinese 5% Crisp Loan.
1912
Vibro Piling, $7.70.
$5-17/32
261
Sales
5-17/32 5-1/2
5-17/32 5-1/2
Chinese 5% Reorg, Loan.
1913 (Ldn. Is.)
34
Chinese 8% Ster, Notes,
1925 (Vickers)
HK. Govt. 34% Loan (1939), 94. Trains, $17.90.
1040
High Low Dow Jones Averages 152.80 11184 30. Industrials.
Jan. 10,
133,59
10
Lights Rts., $5.25..
Rails
20.73
29.80 29.59 28.65
Chin, Imperial Rly. 5%
Lights Rts. 90 cts.
· Loan..... Honan Rly 5%.
47"
Utilities Bonds
20.66
20.30 20.50 20.53
.02 off
91,87
17
Commodity Index · 57.82
91.05 ,08 up 57,54 .£8.off
Business Done:-360,000 shares
Hukuang Rly 5%, 1911...
(L.P. N/Y Issue)
18
Haknang Rly. 5%, 1911
German Issue)
13
Lung Tsing
Hai
Rly. 5% 1913
62
14
16
15
HONGKONG
SHAREBROKERS'
· ASSOCIATION
Volume of. Business Transacted on Saturday, Jan. 11. 1941, SALES
15
62-031 82-02
.: 02-02
1 bearer,
LONDON METALS
ཐ ཕ ཋ ཋg ཊུ་ཚོད ྗངྒེ
China Light Rights
68 $ 95
Lane Crawfords:
8652 70
7.50
TO-
8788
Homestake Mining
Int Nickel
Inter. Paper & Power Int. Tel, & Tel
امر
Feb.
Market:-Quiet.
Sliver Duty Bate
Ina Central Bank of China's rate un London at 10 am, today was 1/2-1/26
The Equalisation rate was 231 per cent.
Calcutta Exchange
Calcutta, Jan. 11 Reuter). 'T.T. on Japan, 81-1/4.
India Rupee Paper
Bombay, Jan. 11 (Reuter). Govt. 31% Rupee, 94-02-0.
SILVER MARKET
BOMBAY SILVER · Bombay, Jan. 11 (Reuter).
Indian Mint Silver
Ready Jun. 22 Settlement
Feb. 22 Settlement
Tin
EXCHANGE
London, Jan. 10. (Reuter
Standard, Cash, Middla
-Price, £257-1/8.
3'hai-N'King Rly. 5%
tsin-Pukow Rly. 5%. Brit. Stpd.) Flentain-Pukaw Rly. 5%
(German Stpd.) Tientsin-Pukow Ry, 5%
(Brit. Stpd. Supl, Loan) 15 Mentsin-Pukow Rly. 5%
Cer. Stpd. Supl, Loan)
Jap. 6% Ster... Loan. 1924 "301
HK. & 8'hal' BankTM (Ldn
Reg.)
EK. & S'hai Bank (Cal
Beg)
Chinese Eng & Mining
Chosen Corporation .....
Mercantile Bank of In-
dia, £5, "G"
Pekin Byndicate
s'hat Elec. Contr. Co. S'haf Waterworks “A”
Tin, Standard, 3 months," Middle | Union Insurance .....
Price, £259-7/8.
Market steady.
-32.67 22.16 20
28.45 18.03 20 01.87 8306 40 64.07 48.47 11
281*
Change
.10 of .08 off
-HONGKONG SAVINGS
BANK
The Business of the above Bank: is conducted by the HONGKONG SHANGHAI BANKING COR- PORATION. Rules may be obtain
don application.
For the Honggong & Shanghai
BANKING CORPORATION.«
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1239.
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:"
18, PINE STREET,..
NEW YORK
An American Bank offering com- plets Foreign Banking Service in the principal Markets of the world.
Interest Rates on Application.
This Bank is entirely owned by THE CHASE NATIONAL BANK, NEW YORK, with Resources of
over U.8.82,900,000,000.
D. L. BALLANTYNE,
Manager,
A job?
WANT ADS
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
90 Operating Services for Cargo and Passengers
at 94%
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and. OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
15
The total value is $8,575,60,
Govt. Loans 31%. $1,000
Ger. 7% Intl. Loan, 1924 : 53. Chartered Bank
84
Great Western R.
30)
National Bank of India 32
32
-A. Tob bearer
88/9
All steamers berth alongside the Roosevelt Terminal in the French Concession at
Dunlop Rubber...
33/-
Shanghai, where passengers
16/3
Bristol Aeroplane ....... B/9
and cargo are landed.
41-
Imperial Chemical Ind. 30/-
United Steel
22/3
102
Woolworths
53/7
2/-
Maramar. Investments
7/8
.15/-
Western Holdings
11
131 20
Sub-Nigel
155
3hell Trans * Trad
Gula Kalumpong Rubber - 15/7} Lon., Mid. & Scot., Rly. 151
(bearer)
46/71
•-bid.
-ex. div.
For further particulars
please apply to-
JARDINE MATHESON&C TELEPHONE ZOXII. GENERAL MANAGERS
|
BANK OF EAST ASIA, LIMITED
Authorised Capital...$10,000,000,00 Paid-Up Capital Reserve and Undivided
Portits
* 5,508,800.or
..2,983,281,50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central.
Board of Director. ·
SIR SHOPSON Caow, Chairman
Li Koan Chan, Esq.
P. K. Kwok, Esq.
Li Lan Sang, Esq.
Wong Chu Son, Eng.
Fang Ping Wah Esq.
Wong Yun Tong, Esq. Chan Ching Shok, Esq. KAN TONG PO, Esq., Chief Manager LI TE FONG, Esq, Manager
Branches and Agencies;
Amay BALATLE
ذا
Kerloon Panang Bingapore London Bangoon Bourabaya Bombar Manila Balgom Swalow
Melbourne Bau Fran- Bydney
ciao antaks
conver
Every description of Banking and
Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposita re ceived for one year or shorter periods in Local and Foreign Cur reacies on terms which will be quoted on application.
SAFE CEPOSIT BOXES TO LET.
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
10
BANK
PAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerous Branches China and connections in the principal Commercial Centres of the World, we are able to extend to our Clieatu_special facilities for - Domestic and Foreign Banking and Exchange.
Head Office:-SHANGHAI Hong Kong Branch; QUEEN'S BUAD, C. South China Offices:
CANTON
SWATOW
KONGMOON TOISHAN SHIVOHOW KINGOHOW
We also handle the issue of Bonda and other Pablis Funds of the Chinese Government both at Home «nd 'Abroad.
SHOU J. CHEN
Manager.
98-
Standard Brands
64
287
Stand Gas & Elec.
I"
221
Standard Oll of California,
201
18
Standard Oll of NJ.
*36
78
Stone & Webster
8+
162
Studebaker Cam,
81
101
Swift International
181
361
Technicolor
91
33
Texas Corpn.
391
*
44
Texes Gulf Sulphur
371
56*
Timken-Axle
337
651
Trans-America Co.
51
345
20th Cent. Fox.
71
142
Union Bag & Paper Corp.
12j
55
Union Carbide & Carbon
701.
THE CHASE BANK
343
Union Pacific
851
101
United Aircraft
434
48
United Airlines Trang
161
124
United Corpn
12
148
United Corpn.- $3 cum pr.
294
144
United Gas Corpn.....
*
843
United Gas Improvement 101
197
US., Industrual Alcohol,
28
16
U.B. Rubber
23+
271
(US, Rubber șa píd.
93
217
US. Smelting
641"
11
UA. Steel
682
781
SAFE DEPOSIT BOXES
Vanadium
327
Halpbook
Sagutaka
Haskow
New York
Boattis
Honolulu
Padr
Bemarang
Kode
Palping
Shanghai
511
Vultee Aircraft
8+
263
Walworth Co.
6.
142
Warner Bros. Pict.
33
23
Westinghouse Elec.
38
Glas 44
277
Johnsman kan
Kenriecott Copper. Libbey-Owens-Ford Lockheed Aircraft
DOW JONES AVERAGE
Jan. 12, 1941.
High Low Close 133.81 133.97 133.49
Woodward Iron Cor."
1041 33
Chase National Bank National City Bank
331*
N