Prev. Today's High Low Close Close 10.60 10:51 10.53 10.55 N 20.09 20.08

20.08 20.06

.02 of

873 '881 871 621 02) 828 13.63 13.55

88

1.00 of

627

+ off

STOCKS

13.62b 13,513

.11 0

Close

10.49 N

Opening

10.50a

Closing

Change

Adams Express

10.46 N

.03 "off

Alleghany Steel Co,

10.58/58

10.59/59

10.54/53

10.58/58

10.80/80

10.55/55

03 off ".03 off

Allis Chalmers

Aluminium Lid, .....................

10.47/47

10.49/49

10:47/48

.01 up

Amer. Can

9.99/99

9.99/99

9.95/96

.04 off

American Cyanamid B.

9.95/95

9.95/95

9.92/92

.03 む

Amer. & Foreign Power ...

AmerForeign $7 pt. ...

On New York:-

Amer, Locomotive

Amer." Metals Co.

On Batavia :-...

20.08/08 19.97b

20.09/08

20.00 B

.02 off

Amer. Radiator

19.93b; 20.00a

19.93 B

.04 of

Amer. Rolling Mill

On demand

...........43 3/4

anquoted

19.95b/76a

.04

of

Amer. Sting and Ring Co.

71

unquoted

19.60 B

.04 BIT

On Paris:-

Amer. Sugar Retning

Bank Bills, on demand Nou. Credits 4 months' sight Nom.

Amer. Tel & Tel

Amer. Tobacco "B"

On Saigon:

May

872/873

374/872

884/861

.01 off

Amer, Waterworks

On demand................... 101 1/2

July

827/823

824/823

821/82

2

of

Anaconda Copper

On Manila:-

September

83/83

82#/82)

3 off

Atchison, T. & 8, Fe.

On demand

48 3/4

Aviation Corp.

On Bangkok:-

Friday's sales:--Unreceived.

Baldwin Lecometive

149

CHICAGO CORN

Baltimore & Ohio

... Now.

May

621/621 021/62)

621/621

off

Barber Asphalt "Co.

July

623/621 824/624

621/621

off

Barnsdall Ol

23 5/16

September

624/622

62+/621

off ..

Bendix Aviation

4.

Bethlehem Steel

BHSS & Co.

13.62b 13,35/35 13.30/30

13.81/60

13.51 B

11 off

Hosing Airplane co.

13.25b/26

09 of

Borg-Warner

Briggs Mig.

Budd Mfacturing Corp.

Canadian Pacific B'way

5.05/05 5.11/11

5.05/05

5.03 N

.02 off

Case, JI

5.09b""

5.10 N

.01 off

Celanese

Chesapeake & Ohio

2.00b/01a

Chrysler Corpn..

2.05b/06a

Columbia Gas & Bec.

Commercial Credit Co.

Com, & Southern, (Ord.)

.74/.75) -77/.773

Consolidated Edison

up

Consolidated 01

Continental Can

Continental ON

11.00b

1/231/32 February/June, possibly July

July, buyers at 1/3.1/32 for

any NY. Official Silver 34-3/4" NY-London Cross Rate 1.03-3/4

(REUTER'S SERVICE)

Sterling

at 3.1/2 and

V. S.

Chinese 5% Gold Bonds,

1925/47

Us

1912

"

4.

delivery

U. S. DOLLARS

Seliers at 23.3/4. for Cash, bus- LONDON STOCK

ers at 23.13/16 Casb

SHANGHAI DOLLARS

A small business was done

at

428.1/2. Closed with sellers at

428.1/4. buyers at 429.

SHANGHAI MARKET

EXCHANGE

London, Jan. 10. Dollars at 5.17/32, both sellers for middle prices at the close of the The following quotations are the

Spot.

"AFTERNOON MARKET

Stagnant.

STERLING The market closed with sellers at 1/3 for Cash and. 1/2.31/32 February/June, possibly July. buyers at 1/3.1/32 for any de- Livery.

U. 8. DOLLARS.

The market closed with sellers at 23.3/4 for Cash, buyers at 23.

13/16 Cash,

SHANGHAI DOLLARS

Bellers at 428.12.

SHANGHAI MARKET

Sterling at 3.1/2 and

Dollars at 5.17/32, both sellers for Spot.

Shanghai Exchange

Shanghal, Jan, 13 (Renter).

Oficial T.T. Ratea

London

New York

Japah

India

Paris Hongkong

Spot ....

Jan.

Feb

apot

Jan

Feb.

Sterling

Opening

Sellers

Closing

0/3-1/2 0/3-1/2

0/3-1/2 0/3-31/64 D/3-31/84 0/3-31/04 U.S. Dollars

$5-17/32

market in London. All quotations are subject to confrmation and no responsibility is assumed for errors in transmission.

War Loan, 3% (Red,

after 1952)

103-5/16 Defence Loan, 3%

101 Canton-K'loon Rly. 5% 13. Chinese 41% Gold Loan

44

1898 (Brit. Isanej

Chin 44% Anglo-French

Loan, 1988

Chinese 5% Crisp Loan

Chinese 5% Reorg Loan

1913 (1dn."Is.)

Chinese 8 Ster. Notes.

1925 (Vickers)

Chin. Imperial Rly, 5%

Loan ihan Rly 5%

Skuang Rly. 5%, 1911..

LP. N/Y Issue)

Brit. Stpd.)

10

47

17

itectsin-Pukow Rly, 5% (German Stpd.) ...... Tientsin-Pukow Rly, 6%

Brit. Stpd. Supl. Loan): 15

Tientsin-Puków Rly. 5%

Ger. Stod, Supl Loan)

5-17/32 5-1/2

$5-17/32

5-1/2

15

5-1/2

Jan. 6% Ster, Loan, 1924 301

༄ ུ་ཞྭ ཁྐྲ ོམ་གླ་

H.K. STOCK EXCHANGE

Although a steady undertone pre- Fails the volume remains negligi- ble..

Union Ins., $405. H.K. Fire Ins., $165. Wharves, $94.

Humphreys, $7.75. Trams, $17.90 Star Ferries, $61. Lights Rts., 90 Cts. Entertainments, $7. Constructions (0), $1.60.

Sellers

10.98b/11.10 11.08b/15a ,15 up 11.05b/10a 11.00b/148 11.10b/18a .08 up

unquoted 4.03-3/4

Copperweld Steel

Curtiss Wright (C)

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE"

CLOSING QUOTATIONS

JANUARY 13, 1941.

On London:-

Telegraphic Transfer, 1/2 7/8 Bank Bills, on demand 1/9 7/5. Credits 4 months' sight

On Shanghal:-

On demand

On Singapore:-

On demand

On Japan:

On demand

On India:-

Telegraphic

and demand

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

415

January

52 3/4

March

May

102 1/2 July

Transfer.

82 1/2

October December

May

Bank Bills, on demand 23 3/8 Credlis, 80 dayy sight 24 1/8.

Total sales Friday:-100,800 bales. NEW YORK RUBBER

March

July (New contract) ... 19.80b September (...). 19.84 N

Total sales:-90 tons.

CHICAGO WHEAT

'NEW YORK HIDES

On "demand

On Sterling Noten:—

Bank Fuying Rate

Bar Silver per, oa... .............

Market Repor

FROM ROZA. BROS.

Monday, Jan. 13.

were

Silver prices

Total sales for the day:-29 lots. NEW YORK COCOA

March June

unchanged over the week-end, the quotations remaining at 23.5/16 for

March

Ready

and 23.1/4 for Forward. Ameri

May

canSilver was unquoted"

NEW YORK SUGAR NO. 3:

The London/New York cross-March rate was quoted at 402.1/3. New May".

York/London was quoted at 403 NEW YORK SUGAR NO. 4:

3/4

.7427.75 74/.75 .77/78 .771/79 Volume of business done:-32 lots No business was reported. There NEW YORK COPPER FUTURES

and March were sellers at 1/3 for Cash

MARKET Extremely den,

STERLING

March May

Change

.03 off..

כג 4

NEW YORK STOCK EXCHANGE

QUOTATION

(REUTER'S SERVICE)

· JANUARY 12, 1941.

TUESDAY, JANUARY 14, 1941.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

INDIA, AUSTRALIA

AND CHINA

Issued Fully Paid-Up $90,000,000 Incorporated by Royal Charter, 1880

· Paid-Up Capital £8,500,000 Reserve Fund

£3,000,000 ..£3,000,000

„£3,000,000

H.K. Currency Reserve $10,000,000 Reserve Lisbility of Pro-

G. Miskin, Esq.,

Chairman.

K; S. Morrison, Esq., Hon. Mr. T. E. Pearce,

prietors

HEAD OFFICE: LONDON:

38, Bisbopagate E.0.2.. Sub-Agencies In London! 117/19, Loadenhall Street, E.C.a. West End Branch:

14/18, Cockspur Street, S:W! Manchester Branch:

69, Mosley Street, Manchester, 2.

AGENCIES AND BRANCHES.

HARBIN

BANGKOK BATAVIA

BOMBAY

BONG KONG {LOID!! IPOK KARACHI - KLANG AGENCIES: KOBE CLLY STRAKT FAIRLIK PACH

CALOUTTA

Hoo. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,

Chief Kanager. CANTON

Rangoon Saizon

CAWN 'ORE CKBU COLOMBO

DELEI

HANKOW Lumpur, Shanghai

Singapore

Haiphong (Johore) Tientaîn

Mukden

Tokyo New York Tsingtao Peiping Yokohama Penang

KUALA

LUMPUR KUCHING MADRAS “MANILA

MIDAN

NEW YORK PRIPING

(Peking)

PANANG

RANGOON

BALOON

BEREMBAN

SHANGHA

SINGAPORE

- HITZAWAN

BOURABAYA TAIPING TIENTSIN

TONGKAN

(Bhukes) TSINGTAL YOKOHAMA

FOREIGN EXCHANGE and General Banking Business transacted.

ד'

CURRENT Accoumis opened and FIXED DEPOSITS received for One Year or shorter perioda in Local or Other Currencies at rates which will be quoted on application.

SAVINGS ACCOUNT also opened in Local Currency and Sterling with interest allowed. at rates obtaïostla on application,

CURRENT ACCOUNTS opened in 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 oreid, 03: application.

terms which may be ascertained st

DEPOSIT BOXES of any of the Agencies and Brancher.

RA. CAMIDGE,

Manager,

Authorised Capital 50,000,000

tieserve Funda:~. Sterling

Reserve Liability of

Last Sale

STOCKS

'Last Sale

Proprietors.dka........

$20,000,000

Jan. 11

Jan. 11

71

Loew's Inc.

Head Office:--HONG KONG

33

21

Loft Incorperated

1814

38

Mack Truck Inc.

321

Board of Directore: Hon. Mr. J. J. Paterson,

73*

Martin. Glen L

301

911

McKessun & Robbins, píd. -241*

37

C. C. Roberts, Esq.,

Montgomery Ward

39

14

Deputy Chairman,

M'tain City Copper Co.

3+

187

National Aviation

Eቶም

J. K. Bousfeld. Esq.,

161

Nat, Dairy Products

141

A. H. Comptes, Esq.,"

191

L. J. Davies, Esq.,

National Distillers

241

National Lead

Hon. Mr. S. H. Dodwell,

ALUX STAR

AMRITSAR

170

15

Nat, Fower & Light

71

441

National Supply Corp.

6)

151

New York Cential

142

1679

Niagara Hudson Power

34

742

N. American Aviation !!

17

7t

North American Co.

17

263

Northern Pacific

71

Branches:

21

Owens-Illinois Glass Co.

"482

51

daros

Johore

Pacific Gas & Elec

284

177

Bangkok

Kobe

Packard Motors

31

Batavia

Kowicon San

HAIPHONG

4+

Pan-American Airways

15

Bombay

Kuala

Francisco HAMBURG

-10

Paramount Pictures

12

Calcutta

91

Pennsylvania R.R.

24

Canton

London

361

Philadelphia Read. Conl

Chefoo

Lyons... Sourabaya

88

Phillips Petroleum

392

Colombo

Malacca

184

Public Service of N.J.

297

Dairen

Manila

171

Foochow

Muar

Sungei

Patani Swatow

Pullman Inc..

201

194

Pure Qu

84

Bankow

241

Radlo Corpa, of Am.

44

Harbia

Reading Company,

Com

144

Iloilo

31

Remington Arms Co., Inc.

57

Ipoh,

57

Republic Aviation Cörp.

41

.28*

Republic Steel

211

44

Revere Corp.

108*

701

Reynold Tobac. "E"

34:

4

Safeway Stores

447

30+

Schenley Distillers

114

13/16

Sears Roebuck

78

23

Shell Unilon о

177

SAFE

6

Socony-Vacunum Oil

"8

various sizes to let.

391

Southern Pacific

91

TRUSTEE and EXECUTOR

20

Southern Rly $5 pid,

231

business undertaken.

181

Spicer Manufacturing Co. 372

92

Standard Brands

Curtiss Wright "A"

281

Stand Gas & Elec.........

11*

Deere & Co.

221

| Standard Oll of California

201

Distillers Corpn. Seagrams

18

Standard Oll of NJ.

30+

Douglas Aircraft

78

Stone & Webster

81

Du Pont de Nemcars

*1634

Studebaker Com

81

Eagle Picher Lead

101*

Swut International

181

Eaton Mfg. Co.

36

Technicolor

Elec. Autolite

334

Texas Corpn.

39

Elec Bond & Share

44

Texes Gulf Sulphur

37

Elec. Bond & Share $5 pí.

58*

Timken-Axle.....

334

Elée Bond & Share $8 pf.

85)

Trans-America Co.

51

Hong Kong, 28th Feb., 1939.

Elec, Power & Light #7 p2,

344

20th Cent, Fox,

71

Buycks

Fintkote

142

Union Bag & Paper Corp.

12

Gen, American Trana.

$5

Union Carbide & Carbon

701

THE CHASE. BANK

Gen. Electric

347

Union Pacific

854"

Gen Motors

101

United Aircraft

43

Gen. Railway Signal

49

Gen. Tire & Rubber

123

United Airlines Trans ... 184 United Corpn.

1

Glidden Co.

14

Goodrich (BF.) .........

141

United Corpn. $3 cum pf. 292 United Gas Corpn.

#

Goodrich 35. pf. H.....

641

Goodyear Tire & Co.

107

United Gas Improvement 10 US., Industrual Alcohol. ...

28

Great Northern Iron Ore

151

U.S. Rubber

Lights Rts., 95 Ct&. Cements, $18.60. Vibro Piling. $7.70

42-47

Sales

Great Northern Rly, pfd.

271

US. Rubber $8 pfå.

93

Great Western Sugar

217

1U.S. Smelting

641*

Greyhound Corpa.

114

U.S. Steel

$81

י

Hercules Powder Co

781

Vanadium

327

45

ཤྩ ྣ སྒྱུ བྷ ༦ 。

34

$261

H.K. Banks, $1380.

Hotels, $3.50..

Trams, $18.

Lights Rts, 90/95. Cts.

Electrics, $18.80.

HONGKONG

SHAREBROKERS

ASSOCIATION

Volume of Business Transacted on Monday, Jan. 13, 1941.

Homiestake Mining

511

Vultee Aircraft

·B

Int Nickel

281

Walworth Co.

$

Inter, Paper & Power

143

Warner Bros. Pict.

34

Int. Tel. & Tel.

21

Westinghouse Mec.

1041

Johnsman

Woodward Iron Cor.

33

Kenrecott Copper Libbey-Owens-Ford

36

Glass

44

271

Opening

0/3-7/18

15

1940

5-7/16 23-1/8

Bukuang Rly. 5%. 1911

19

German Issue)

13

nominal 22-7/8

Lung Tsing & U

Bly. 5% 1913

Hai

SALES China' Lights Rts.

14

699 $ 85 150 90

".

S'hal-N'King Rly. 5% Tientsin-Pukow Rly. 5%

16

Low Dow Jones Averages High 162.80 111.84 30 Industrials

89,67, 22,16 20

Kails 26.45 18.03 20 91.87 83.08 40 64.07 48.47 11

Jan. 10,

133.59

Change

29.73

.10 of .09 off

Utilities

20.15

90,00 20.50 20,53

.0% off

Bonda

91.67

97.95

Commodity Index

$7.82

51,54

.08 up .28 off

100.

.95

-Business Dons:-360,000 shares

15

-1,000

-95

WANT ADS

150

.95

H.K. Docks (0)

100

18.50

1,000

.95

K. Tramways

1,800 18.00

H.K. Hotels

500 3.50

500

3.50

Lockheed Aircraft

DOW JONES AVERAGE

Jap. 12, 1941.

High Low Close 133.1 133.27 133,49 20.90 29.59 29,65

Chase National Bank National City Bank

331*

D. L. BALLANTYNE,

281*

HONGKONG SAVINGS

BANK

The Business of the above Bank is conducted by the HONGKONG & SHANGHAI BANKING COR- PORATION. Rules may be obtain- ad on application.

For the HONGKONG & SHANGHAI BANKING CORPORATION,

V. M.GRAYBURN,

Chief Manager.

BANK OF EAST ASIA, LIMITED

Authorised Capital... $10,000,000.00 Paid-Up Capital 5,598,800.00 Reserve, and Undivided

Porits

......................2,883,281.50

Head Office:-HONG KONG No. 10 Des Voeux Road, Central.

Board of Director. DIE SHOPSON CHow, Chairman

Li Lan Seng, Esq. P. K. Kwok. Esq. Wong Cha Son, Esq. Wong Tan Tony, Esq. Fong Fing Web Esq. Chan Ching Shok, Esq.

15, QUEEN'S ROAD, CENTRAL LI Koon Chun, Esq.

HEAD OFFICE:

18, PINE STELET,

NEW YORK.

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 THE CHASE NATIONAL BANK,

New York, with Resources of over U.S.82,900,000,000.

Manager,

Job?

KAN TONG PO, Esq., Chief Manager Li Tax Foxo, EBQ, Manager

-

Branches and Agencies:··

KOTLOOK Pe Loudon Kangoo

Manila

Balgon

Singapore

Bouzabays

SHDEST

Kelbourne Saxi Fran- Sydney.

Polping

ulsco Timmtala

Shangha

couver

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 rencies on terms which will be quoted on application.

BAFE EXPOSIT BOXES TO LET,

KAN TONG PO,

Chief Manager,

Amoy Batavia Bombay Calonia

Halphons

Nagas

Bankow

Honelalu

New York Seattle Parin

Semarang

Κοιν

Market:-Quiete

Bliver Duty Bate Tha Central Bank of China's tate on London at 10 am today was 1/2-1/28

The Equalisation rate was 23

per cent.

[Ger, 7% Intl. Loan, 1924 52

Chartered Bank

H.K. & Shai Bank (An

Reg.)

A.K. & 8hát Bank (Col.

Ber)

Chinese Eng. & Mining

bearer)

Chosen Corporation .....

Wool Improvement Mercantile Bank of In-

Bureau

dia, £5, "G" Pekin Byndicate

18/3

107

15/-

134

20%

"LANCHOW. Jan. 13 (Central-B'hai Elec, Constr. Co. A Northwest Wool Improvement s'hal Waterworks "A" Bureau of the Ministry of Agri- Union Insurance culture and Forestry has been Gula Kalumpong Rubber 15/7 establisher here. According to the Lon., Mid, & Scot,, Rly. 151 director, Mr Eu Chich-chi the Great Western Rly....... 736) Bureau's budget has been tenta- National Bank of India 32 tively fixed at $1,000,000 per year, A. Tob (bearer)...... 88/9 Branches will be set up in Chahar Dunlop Rubber

33/- and Chinghai.. A competent per Bristol Aeroplane ......... 9/9 sonnel for animal husbandry will Imperial Chemical Ind. 307-

United Steel

22/3 he trained.

5,999

The total value is $40,888.55.

SHANGHAI TRAM FARES INCREASED The Shanghai Municipal Council has approved the petition of the | Tramway Company in the Interna

tional Settlement for the increase oi fares by 35 per cent, effective within this month, according to a Shanghai dispatch, (Centra) News).

Woolworths

53/7} Maraman Investments. .7/6 Western Holdings

Sub-Nigel

11 155 Shell Trans & Trad.

45/71 -ex, dir.

(bearer)

*~~bid.

INDO-CHINA

BANK OF CHINA

Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE

BANK

STEAM NAVIGATION COMPANY LTD PAID-UP CAPITAL $40,000,000.00

Operating Services for Cargo and Passengers

TO

BWATOW, SHANGHAL TSINGTAU, CHEFUG

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 SOSII • GENERAL MANAGERS A

(BRANCHES ALL OVER CHINA) Owing to our numerous, Branches in China and connections in the principal Commercial Centres út the World, we are able to extend to our Clienti special" facilities for Domestic and Foreign Banking, and Exchange:

Head Office:-SHANGHAI Hong Kong Branch;

4, QUEEN'S ROAD, O. South China Offices:

CANTON

SWATOW

SHIUCHOW

KONGMOON TUISHAN KINGCHOW We also handle the issue of Bonds and other Public Funds of the Chinese Government both at Hom and Abroad.

BHOU J. CHEN.

Manager:

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