Prev. Today's
High Low
10.48 10.41 19.75 19.83
19,89 19.67 871 867 .87i 871 63% 627 621 63+ 13.20 13.10 13.25 13.11
10.40 10:46 06 up
22 oft
unch.
up
STOCKS
.14 off
Adams Express
490
NEW YORK COTTON
January
62 3/4
March
Close
10.29 N 10,40/41
Opening
Closing
Change
Alleghany Steel Co.
10.37/38
10,38 N
.09 ap
Allis Chalmers
"
10.43/43
10.46/46
06 up
Aluminium Ltd, ........
On demand.....
... 102 1/2
May July
10,40/40
10,44/44
10.43/48
.08 up
Amer. Can
10.31/31
10.33/83
10.37/37
06 up
American Cyanamid B.
October
Transfer.
་ ་ ་ ་ ་ ་ ་ ་
9.83/83 9.79/79
9.86/88
9.96/96 9.81b/83a 9.91/91.
.07 up
Amer. & Foreign"Power
...
12 up
Amer & Foreign $7 pf.
Amer. Locomotive
Amer, Metals Co.
Amer. Radiator"
Amer. Rolling Mill
Amer. Sting and Ring Co.
Amer. Sugar Refining
18.89/90
19.80b/85a
19.75b/80a
19.70b/77a
... 19.65b/69a
> 19.50 N
19.47b/87a 19.57 A
19.87b/70a 22 Dff 19.60/60 19.50/50 19.35b
Amer. Tel, & Tel
.15 off ..15 off .15 off
ainer, Tobacco "B"
Amer. Waterworks
Anaconda Copper Atchison, T. & S, Fe.
Aviation Corp. ....
PAGE 10-HONGKONG DAILY. PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
JANUARY 16, 1941,
On London:-
Telegraphic Transier. 1/8 7/3 Bank Bills, on demand 1/2 7/3 Credits 4 months' sight
On Shanghai: -----
On demand
1 On Singapore:-
On demand
On Japan:-
On India:-
Telegraphic
and demand
On New York:-
NEW YORK - COMMODITY MARKET
(REUTER'S SERVICE)
NEW YORK, Jan, 15, 1941.-
New York Cotton, March............................. New York Rubber, March Chicago Wheat, May Chicago Corn, May New York Hides, March
82 1/2 December
Total sales Tuesday:-80,400 bales.
Bank Bills, on demand 23 3/8 Credlis, 80 days' sight 24 4/8
On Batavia :——
.
On demand
On Paris:-
........... 43 3/4
Bank Bills, on demand Nom. Credits 4 months' right Nom.
On Saigon:-
On demand .............. 101 1/2
On Manila:----
Close Close Change
Last Notice Day for January Cotton Is January 23, 1941 (Date of Delivery).
NEW YORK RUBBER
March May
July (New contract) September (
Total sales:-600 tons.
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
JANUARY 16, 1941.
FRIDAY, JANUARY 17, 1941,
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital.... $50,000,000 -
INDIA, AUSTRALJA AND UHÌNA ·
Issued & Fully Paid-Up $90,000,000 Incorporated by Royal Charter, 1858.
Reserve Funds:
... £ 6,500,000 Reserve Fund
Paid-Up Capital
..£3,000,000
Starlingg
£3,000,00
prietors
£3,000,000
HEAD OFFICE: LONDON:
H.K. Currency Reserve $10,000,000 Reserve. Liability of Pro Reserve Liability of
38, Bishopsgate" E.C.2.
Sub-Agencies In London: 117/122 Leadenhall Street, E.C.3.
*West End Branch: 14/16, Cockspur Street, S.WI Manchester Branch:
52, Mosley Street, Manchester, 1.
ALOR STAR
AGENCIES AND BRANCHES
HONG KONG PENANG ILOILO
IPOR
BOMBAY
KARACHI
GALOUVYTA KLANG AGENCIES: ZOB
Hon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,
Chief Manager CANTON
CTE STAT KUALA TAKE PLACER
KUCHING
MADRA
AMRITSAR
KANGKOK
BATAVIA
BANGODS
SATOON
BEBEMBAN
-BHANGTAN
BINGAPORE
Last Sale
STOCKS
Last Sale
Proprietors......
..$90,000,000
Jam. 15
Jan. 15
71
Loew's Inc.
338
Head Omce:--HONG KONG
234
Loft Incorperated
184
'351
Mack Truck Inc.
311
731
Martin, Glen L
Board of Directors: Hon. Mr. J. J. Paterson,
.30
021
McKesson & Robbins, pt. 25
361
Montgomery Ward
O. C. Roberts, Esq.,
381
11
M'tain City Copper Co.
31
Chairman.
Deputy Chairman.
20
National Aviation
101
J. K. Bousfeld, Exq.,
16)
Nat, Dairy Products
147
A. H. Compton, Esq.,
19"
National Distillers
23
L J. Davies, Esq.,
81
National Lead
17
Hon. Mr. B. H..Dodwell,
141
Nat Fower & Light
T
0. Miskin, Esq.,
43)
National Supply Corp.
K. 8. Morrison, Esq.,
Hoa. Mr. T. E. Pearce,
151
New York Central
14)
167
Niagara Hudson Power
33
SITIAWAN
74
N. American Aviation .....
161
BOURABAYA
CUMPAR
7
North American Co.
181
261
Northern Packie
61
Branches:
211
Owens-linols Glass Co. ....
474
41
Pacific Gas & Elec
201
Laoy
Johore
On demand.................... 43 3/4
| CHICAGO WHEAT
נו
Baldwin Lecometive
171
Packard Motors
31
Bangkok
Kobe
On Bangkok:-
On demand
149
On Sterling Notes:-
May July
371/871
871 871
821/321
824/821
874/871 821/821
unch,
Baltimore & Ohio
Batavis Kowloon
Rangoon Saigon San
DAWNPORE GEBIT COLOMBO TÉLTI
TAIPING TIENTSEN
TOKⱭXAM
MANILA
(Bhuket)
XIDAN
TEINOTAU
HAIPHONG
NEW YORK
YOKOHAMA
31
Pan-American Airways
141
Bombay
Kuala
Francisco WAMBUNG
FLIPINO
Barber Asphalt Co.
93
Paramount Picturea
111
up
Bank Buying Rate
Now.
September
821/823
821,83
Barnsdall OB
91.
up
Pennsylvania RR
234
Uanton
London
Singapore
Bendix Aviation
35
Philadelphia Read. Coal
3/16
Chafoo
Lyona
Sourabays
bar Silver per os.
23 1/4
Tuesday's sales:---3,386,000 Bushels.
Bethlehem Steel
861
Philips Petroleum
39"
Colambo
Malacca
Sungei
Market Repor
CHICAGO CORN
Bliss & Co.
18
Public Service of NJ.
291
Dairca
Manila
Boeing Airplane Co.
16%
Pullman Inc......
281
Foochow
Must
FROM ROZA BROS.
May July
621/623 621/621
$31,638
up
621/621
63/63/
.63/634
Thursday, Jan. 16.
September
621/621
•
The price for Ready Sliver was NEW YORK HIDES unchanged at 23.1/4 but the For-
N
ward rate dropped 1/16 to 23.3/15. March
New May
7
STERLING
ers at 1/3.1/32 for any delivery:
March May
Silver advices reported the market June ...........
aa being very quiet with a small
business done. American Silver
Total sales for the day:-106 contracts.
was quoted at 34.3/4 for Spot, NEW YORK COCOA
The London New York cross rate was quoted at 402,1/2.
York/London was quoted at 403.-. 1/2
MARKET
The Sterling market was steady. May US Dollars were easier,
There were sellers at 1/3 Cash NEW YORK SÜGAR NO. 4: and 1/2.31/32 February/June, buy-
13.25 426 13.04/05
13.15/20 12.94/95
631/631
13.11, 12 12.80/80
966
Borg-Warner
19
Pure Oil
37
Elankow
Mukden
Briggs Mig
241
Radlo Corpn. of Am.
42
Harbin
up.
Budd M'facturing Corp.
47
Reading Company,
Com. 144*
floilo
Canadian Pacific R'way
37
Remington Arms Co., Inc.
57*
Ipoh
" Penang
Case, JI
55*
Republic Aviation Corp.
41
.14 off
Celanese
271
Republic Steel.
211
24 off
Chesapeake & Ohio ........
431
Revere Corp.
101
Chrysler Corpn.
881
Feynold Tobac. "B"
334
Columbia Gas & Mec.
41
Safeway. Stores
441
Commercial Credit Co.
30
Schenley Distillers
111
Com, & Southern (Ord.)
#
Bears Roebuck
77||
March ...................
5.03 N
5.09 N
5.006/07a 5.07/07.
6.04 N
01 up
Consolidated Edisoni
Shell Union Oil
121
5.11 N
.02 up
Consolidated Oll
57
Socony-Vacunum ou
91
SAFE DEPOSIT various sizes to let.
NEW YORK BUGAR NO. 3:
March
Continental Can
39
Southern Pacific
TRUSTEE and
BOXES- of
EXECUTOR
Continental of
20
Bouthern Rly 35 pfd. k...
221
business undertaken.
Dalcutta Lampur Shanghai HANIOW
Patani Swatow Haiphong (Jobars) Tientsin
Tokyo. New York Tsingtao Peiping Yokohama
(Peking)
FORLION ExoHanoi and General Banking Business transacted.
CURRENT ACCOUNTS · opened and Fin Pors 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 übtšiņsbla; CURRENT ACCOUNTS opened on application.
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 aime recovery of Currencies which will be quoted on British Income Tax overpaid, on application
terms which may be ascertained at jany of the Agencies and Branches.
R. A. CAMIDGE,
Manager:
:
2.00b/012
...... 2.06b06a
2,00b/01a 2.05b/068
unch.
Copperweld Steel.
173
Epicer Manufacturing Co. 364*
unch
Curtiss Wright (C)
04
Standard Brands
04
Volume of bustness "done:-158 lots.
Curtiss Wright “A”
281
Stand Gas & Elec.
11.
Deere & Co.
211
Standard Oil of California » 20
Distillers Corpn. Seagrams
181*
Standard Oil of NJ...... 342
.................77b/.77}a
.... 80/80%
781b/.78a 800/80ta
V. S. DOLLARS"
T43b/.75a .02 off *7710/7Ba .021 of
Douglas. Aircraft ..............
771
Stone & Webster
8
Du Pont de Nemours
1601
Studebaker Com
8
Eagle Picher Lead
101
Swift International
101
The market opened with sellers
Volume of business done:-97 lots
Elston Mfg. Co.
361
at 235/8 for Spot, and 23.11/16
Elec. Autolite
11.15b/23a 11.10b/23a 11.15b/19a 11.12b/23a
11.18b/25a .03 up 11.13b/21a .02 off
34-3/4 unreceived.
Mec. Bond & Share ..... Elec. Bond & Share $5 pr. Bec, Bond & Share $6 pt. Elec, Power & Light $7 DI. Flintrote
Gen. American' Trana.
Gen, Electic
Gen Motors
Gen. Railway Signal
Gen. Tire & Rubber
Glidden Co.
Goodrich (BF)
31
Goodrich $5 pt. ....
Goodyear Tire & Co.
81
Great Northern Iron Ore
ri
HK. & S'hal Bank (Col
2
£
Peg! Chinese Eng. & Mining
(bearer)
83
Great Northern Rly, pfd, Great Western Sugar
Greyhound Corpo.
16/3
"Hercules Powder Co
Chosen Corporation
41-
Homestake Mining
Mercantile Bank of In-
Int Nickel
dia. £5, "G". Pekin Syndicate
101.
Inter. Paper & Power"
2/-
Int. Tel, & Tel.
44
45
S'hai Elec. Constr. Co. S'ha! Waterworks. "A" 134 Unica. Insurance
20 Gula Kalumpong Rubber 42-47
15/71 Lon., Mid, & Scot., Rly: 147 Great Western Rly....... 36 National Bank of India 32
"15/-
Johnsman
Kennecott Copper
Libbey-Owens-Ford
Lockheed Aircraft
1912 Chinese 5% Reorg, Loan 1913 (Ldn. Is.) ......... Chinese 3% Ster. Noter. "
1925 (Vickers) Chin. Imperial Rly. 5%
Loan
281
B.-A, Tob (bearer)
92/6
Dunlop Rubber
34/15
1940
34
Bristol Aeroplane
10/3..
Imperial Chemical Irid.
30/3
High Low Dow Jones Averages 152:80 111.64 30 Industrials
32.67 22.15 20
$10
United Steel
22/71
20.45 18.03 20
Woolworths
54/0
92.13 83.08 40
47
17
+5
Maramari Investments
716
84.07 48.47 11
Western Holdings
Bub Nizel
10/9 155
15
Shell Trans
2:2
Trad
13
bearer) "-bid.
4073
-ex, div.
.
1 Rly, 5% 1913
14.
end of February, buyers bidding NEW YORK CUPPER FUTURES
23.3/4 for Cash. Subsequently March
business was arranged at 23.11/18 July
for the end of February and also N.V. Official Silver 34-3/4
for Cash. The market closed at NY-London Cross Rate 4.03-3/4
1 p.m. with sellers at 23.9/18 for
Cash. buyer's bidding 23.11/16 Cash.'
SHANGHAI DOLLARS Business was arranged at various rates. Closed at 1 p.m. with sellers at 430.3/4.
"SHANGHAI MARKET Sterling at 3.12 and U. 8. Dollars at 5.15/32, both sellers for 8pot.
AFTERNOON MARKET Sterling was again steady in the afternoon and U. S. Dollars were easier.
STERLING
A transaction was reported at 1/3 for April, The market closed with sellers at 1/3 January/-- February, buyers at 1/3.1/32 for any delivery.
U. S. DOLLARS
Business was arranged at 23.9/16 for Cash.. The market closed with sellers at 23.9/16" for Cash. buyers bidding 23.5/8 for Cash,
SHANGHAI DOLLARS Were offered at, 434 without attracting buyers." Closed with sellors at 441, buyers, at 445 for Spot.
SHANGHAI MARKET Sterling opened with sellers at 3.1/2 and U. 8. Dollars at 5.15/32. Subsequently the rate eased off and gellers were quoted at 3.3/8 for Spot and Dollars at 5:5/16 for Spot.
Shanghai Exchange
Shanghai, Jan. 16 (Reuter).
Official T.T. Ester
Opening
0/3-2/16
5-7/18 23-1/B
London New York
Japah
India
19
Paris
Hongkong
nominal 22-7/8
Spot
Jan,
Feb.
Spot Jan. Feb.
Sterling
Bellera
Opening Closing 0/3-1/2 0/3-3/8 0/3-31/84 0/3-23/64 0/3-15/32 0/3-21/84 US. Dollars
$5-1/2 $5-9/32 ... 6-1/2
5-1/4 5-15/32 5-7/32
Market: Uncertain
Silver Duty Rate
The Central Bank of China's
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Jan, `15. Ger. 1% Intl. Loan, 1924 The following quotations are the Chartered Bank middle prices at the close of the K. & S'hai Bank (Ldn
Reg.; market in London. All quotations are subject to confirmation and no responsibility is assumed for errors in' transmission.
War Loan. 3% (Red,
after 1952)
103/ Defence Loan, 3%.. 101 Janton-K'loon Rly. :5% 13 Chinese 41% Gold Loan
1898 (Brit. Issue) Chinese 5% Gold Bonds,
1925/47 Chin. 41% Anglo-French
Loan, 1908 Chinese 5% Crisp Laan.
Hutan Rly, 5% Hukuang Rly 5%, 1911..
(L.P. N/Y Issue) Bukuang Rly. 5%, 1911
(German Issue! Lung Teing U Hol
55
8'hal-N'King Rly. 5% 18 Tientsin-Pukow Ely, 5%
(Brit. Stpd.) .... * IS Fientsin-Pukow Rly. 5% (German Stpd.) ........... Tientsin-Purow Rly. 5% Brit. Stpd. Supl. Loan) Tientsin-Pukow Rly. 5% Ger:Stpd. Supi. Loan) Jap. 6% Ster. Loan, 1924
J
DOW JONES AVERAGE
Fan. 18, 1941. High Low Close- 132.43 131.22 133.31
334* 281-
Change
.83 of
over U.S.$2,000,000,000...
D. L. BALLANTYNE,
Manager.
A job?
WANT ADS
INDO-CHINA
SILVER MARKET STEAM NAVIGATION COMPANY LTD.
LONDON SILVER
"Operating Services for Cargo and Passengers
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
15
London, Jan. 15 (Reuter).
Silver-Smaller
offerings ell-
TO-..
15
15
countered poor support. Business limited Market quiet. In afternoon, the market Was
the
very
24}
quiet,
ཐབ
rate on London at 10 a.m. today!" was 1/2-1/2
The Equalisation rate was 231 Der cent.
India Rupee Paper
Bombay, Jan. 15 (Reuter). Govt. 34% Rupee, 95-01-0.
Calcat Exchange
Calcutta, Jan. 15 (Reuter)" ET. on Japan, -81-1/4,
"Spot, 23-1/40.
Forward, :23-3/160.
BUMBAY SILVER Bombay, Jan. 15 (Reuter). Market-Steady. Offtake 50 bars
Indian Mint Silver"
Ready Jan. 22 Settlement Feb. 22 Bettlement
62-15
62-14
12-15
LONDON GOLD.
....
London, Jan. 15 (Reuter). Bar Gold, Fine per oz., 168/-
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
BANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminalin the French Concession RE Shanghai, where passengers and cargo are landed.
For further particulars
please apply to
JARDINE MATHESON&Co.,LTD. TELEPHONE SOJILGENERAL MANAGERS
Pelying
Shanghai
Every description of Banking and Exchange business transacted. Lonor granted or approved securities.
Current Ascounts opened in Local Currency and Fixed Deposita re year or shorter perioda in Local and Foraigo Cur- rencies on terms which will be quoted on application.
ceived
for one
SAFE DEPOSIT 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 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, O South China Offices: CANTON
SWATOW
SHIUCHOW
.KONGMOON
TOISHAN KINGCHOW
We also handle the isms of Bondu And other Publio Funds of the Chinese Government both at Home and Abroad.
SHOU ♬ CHEN.
Manager.
Technicolor
91
32+
Texas Corpn.
38)
4
Texes Gulf Sulphur
374*
66*
Timken-Axle
337
66
Trans-America Co.
47
34
Hong Kong, 25th Feb... 1839.
20th Cent. Fox.
61
141
Union Bag & Paper Corp.
12)
547
Onion Carbide & Carbon
691
THE CHASE. BANK
347
Union Pacific
82
480
United Aircraft
421
18, QUEEN'S ROAD, CENTRAL
15/
United Airlines Trans
152
12.
United Corpn.
I
*14*
United Corpn. $3 cum pt. 30
141
United Gas Corpn.
623"
United Gas Improvement
104
19"
US., Industrual Alcohol. ...
27,
15
U.S. Rubber
231
271
#J
H
214
US. Rubber $8 pfd.
902
U.S. Smelting.
641
121
U.B. Steel
671
74*
Vanadium
321
HONGKONG SAVINGS.
BANK
The Business of the above Bank Is conducted by the BONGKONG
SHANGHAI BANKING OOR-.. PORATION. Bules may be obtain- ad on application.
For the HONGKONG & SHANGRA BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager.
HEAD OFFICE:
18, PINE STREET,
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
BANK OF EAST ASIA, LIMITED
authorised Capital....$10,000,000. JO Paid-Up Capital ***** 5,593,600,DC* Reserve and Undivided"
Porfits
2,983,201.50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central.
Board of Director.
SHOUTON Chow, Chairman
Li Koon Chan, Esq,
P. K. Kwok. Eaq.
Wong Yan Tong, Esq. Chan Uhing Shok, Esq.
Wong Cha Son, Esq.
Fung Ping Wab Esq.
Kax Tong Po, Esa, Chief Manager Lt Tax Foxa, Esq., Manager
Branches and Agencies:
Koloam
Pausag Singapore
Boursbays Swałow
San Fran. Bydpay
Seattle
SI
Li Lan Sang, Esq.
Amoy
Bataria
Loudon
Bombay
Matulla
Kangoon
Saigon
Dalcutta
Malboute
Hulpbong Nagunka
Hankow
New York
Tastat
conver
Honolulu
Parda
Bemarang
514
Vultee Aircraft
73
2014
281
Walworth Co.
51
144
Warner Bros. Pict
31
21
621
Westinghouse Elec.......
103
This Bank is entirely owned by THE CHASE NATIONAL BANK, NEW YORK, with Resources of
Woodward Iron Cor.
32
354
Glasa 42
261
Chase National Bank National City Bank
Jan. 14, 132.44
Raila
29.31
29.24 28.98 29.06
.25 off
Utilities Bonda
20.14
20.65 20.42 2044
10 off
99,01
Commodity Index
67.26
*91.85 57.41
.16 off ∙15 up
Business Doue:-100,000 shares