High Low Close Close Change
10.40 10.36 10.39 10,36 .03 oir 19.60 19.50 19.63
19.52b .11 off
87
86*
864
unch.
634 13.05
83
*63)
1. off
12.97
13.00
Close
Opening
Closing
Change
10.39/40
10.40/40
10.44/44
10.44/45
10.36/37: .03 off 10,41/42.. .03 off
Allis Chalmers
10.33/33
10.33/33
9.93 N
9.92/92
10.31/31 9.89/89
.03 off
Aluminium Ltd, a
104 off
Amer. Can
9,87/87
9.86/36
9.83/83
.04 of
American Cyanamid B.
Amer. & Foreign Power ...
Last Notice Day for January Cotton is January 23, 1941 (Date of Delivery),
Amer
& Foreign $7 pí.
Amer. Metals Co.
NEW YORK RUBEER
| March
Amer, Radiator
19.53 63
Oo Batavia
On demand
On Paris:-
May
19.50b/5-ta
43 3/4
July New contract) September
19.40/40
...19.25b/30
19.62b, 703 unquoted 19.45a 19:30
19:52h
11 off
Amer. Rolling Mill A.......
19.41 N
.09 off
Amer, Sting and Ring Co.
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND "EXCHANGE
CLOSING QUOTATIONS JANUARY 18, 1941.
On London:-
Telegraphic Transfér. 1/9°7/~ Bank Bills, on demand 1/2 7/8 Credits 4 months" sight'
On Shanghat:-
On demand.....
On Singapore:-
On demarid
On Japan:-
On demand
On India:-
Telegraphic
and demand
On New York:--
.
NEW YORK COMMODITY MARKET
(REUTER'S SERVICE)
New York Cotton, March New York Rubber, March Chicago Whest, May Chicago Corn, May New York Hides, March
NEW YORK COTTON
430
March
May
02 3/4
July
October
December
102 1/2
Transter. 182 1/2.
Bank Bills, on demand 23 3/8 Crediis, 60 days' sight 24 1/8
Total sales Friday:-63,900 bales,
Frey. Today's
198
NEW YORK STOCK EXCHANGE
STOCKS
Adams Exprass
Alleghany Steel Co.
Amer. Locomotive
QUOTATION
(REUTER'S SERVICE)
JANUARY 19, 1941.
MONDAY, JANUARY 20, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital... $50,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up 30,000,000 Incorporated by Royal Charter, 1858
Beserve Funds;
Paid-Up Capital
Sterling
6,500,000 Reserve Fund
.......£3,000,000. ...£3,000,000
prietors ....
.£3,000,000
HEAD OFFICE: LONDON:
H.K. Currency Reserve $10,000,000 Reservs Liability of Pro- Reserve Liability of
Proprieturs
38, Bishopsgate E.0.9. Sub-Agencles In London: 117/129, Leadenhall Street, E.C.3- West End, Branch: 14/16 Cockspur Street, S.W : " Manchester Branch: 52, Mosley. Street, Manchester, 2
AGENCIES AND BRANCHES
ALOR STAR AMBITSAR
SANGKOK BATAVIA
HONG KONG PENANG
ILOILO
RANGOON
BAIGON
Last Sale
STOCKS
Last Sale
#20,000,000
Jan. 18
Jan. 18
6}
Loew's Inc.
32
Head Omce-HONG KONG
i
23
Loft Incorperated
18
334.
Mack Truck Inc.
317
73
Board of Directora: Hon. Mr. J. J. Paterson,
Martin, Glen L
29
901
McKesson & Robbins, pf4. 251
341
Montgomery Ward
378
C. C. Roberts, Esq.,
"1
M'tain City Copper Co.
38
Chairman,
Deputy Chairman.
201
National Aviation
93*
J. K. Bousfeld, Esq.,
151
Nat. Dairy Products
13
A. H. Compton, Esq.
181
National Distillers
23
L. J. Davies, Esq.,
61
National Lead ......
17
Hon. Mr. S. H. Dodwell;
.14
Nat, Fower & Light
71
G. Miskin, Esq.,
43)
National Supply Corp.
K. S. Morrison, Esq.,
8
19.30/30
.10 of
Amer. Sugar Refining
151
New York Central
148
19.15 N
10 of
Amer. Tel, & Tel
Bank Bills, on demand Nom.
Credits 4 months' sight Nom.
On Saigon:-
On demand
On Manila:-
Total sales:160 tons
Amer. "Tobacco "B"
1673 75
Niagara Hudson Power
за
N. American Aviation
161
Amer. Waterworks
CHICAGO WHEAT
North American Co.....
164
Hon. Mr. T. E. Pearce,
Hon. Mr. A. L Shields,
Sir Vandeleur M. Grayburn,
Chief Manager.
JALCUTTA
AGENCIES!
IPQE
KARACHI
ELANG
КОВЕ OLIVE STATT KUALA FAIRLIE PLACE
CANTON
SEREMBAN
BOMBAY
SHANGHAI
SINGAPORS
SITIAWAN
SOUBABAYA
LUMPUR
TAIPING
Anaconda Copper..
351
KUCHING
101 1/2 May
801 87
80 87
July
812/812
81 811
On demand
46 3/4 September
823/822
861.861 811/821 811/811
Northern Pacific
7
unch.
Branches:
Atchison, T. & S. Fe
22
Owens-linols Glass Co.
454
Jon
Aviation Corp.
43
Pacific Gas & Elec
28)
"Amoy
Johore
A oft
Baldwin Lecometive
1
Packard Motors
3
Bangkuk
Kobe
On Bangkok :--
Friday's sales-4.705.000 bushels...
Baltimore & Ohio
41
Batavia
Kowloon
Rangoou Saigon San
CAWNPORN СКВИ DOLOMBO DELHI FAIPHONG
TIENTBIN
MADRAS
TONGKAM
MANILA
(Bhuket)
MEDAR
THINGTAL
NEW YORK
YOKOHAMA
On demand
149 1/2
On Sterling Notes:-
CHICAGO CORN
Barber Asphalt Co.
91"
Barnsdal On
87
Bank Buying Rate
Nom.
Mar
633/632
63.631
Bar Sliver per oz.
23 1/4
July
631/631
634 634
September
.1. 634/631
631/634 631/631- 637/631
off
Bendix Aviation
38
off
Bethlehem Steel
84.
A of
March
June
讣
yesterday, the quotations remain-
steady but quiet business
..... 5.13 N being NEW YORK SUGAR NO. 3: small with a
March done. American Silver
May was quoted at 34.3/4 for Spot.
Market Repor
FROM ROZA BROS.
January, 18.
Silver prices were unchanged
Total sales for the day:-24 contracts NEW YORK COCOA
ing at 23.1/4 for Ready and 23.- March 3/18 for Forward., Silver advices May reported the market
Bliss & Co.
18
NEW YORK HIDES
Boeing Airplane Co.
163
12.97/97
12.00/63
12.67/67
13.00/00 12,64b.57a
Borg-Warner
181
.04
קנז
Briggs Mig.
Badd M'facturing Corp.
Canadian Pacific R'way
4
5.07 N
5.08b/10a 5.12b/17a
5.07 N 5.13 N
unch.
Case, JI...........
Celanese
547
24
unch.
Chesapeake & Ohlo
421
Chrysler Corpn.
681
Columbla Gas & Elec.
41
1.99b/2.008 204b/05a
2.000/01a 2.04b/053
.01 up unch.
Commercial Credit Co.
30
Volume of business done:-126 lots "The London- New York cross- rate was quoted at 402.1/2. New NEW YORK SUGAR NO. 4: York-London was quoted at 403.- Märch
Com, & Southern (Ord.).
4
Consolidated Edison
221
Consolidated Oil
5% :
1/4.
MARKET
Quiet.
STERLING
May
.73b/74ja .76b/.77a
73b/.75 754b/.77a
.73b/.73ja 78b/.77a
Continental Can
37
unch
unch.
Continental ou
191
War Loan, 34% (Red,
after 1952) Defence Loan, 3%.. Janton-K'loon Rly. 5% Chinese 41% Gold Loan,
1898 (Brit. Issue) Chinese 5% Gold Bonds,
1925/47
Chin. 44% Anglo-French
Volume of business done:-Nil
NEW YORK COPPER FUTURES
Some business was reported at March 1/3 for near and forward. Closed July with sellers at 1/3 January-March, NY. Official Silver buyers at 1/3.1/32 Cash.
U. S. DOLLARS
A small transaction was report. ed at 23.11/16 for Cash. The market closed with sellers at 23.- 11710 for Cash, buyers at 23.3/4 for "Cash.
SHANGHAI DOLLARS
At the opening there were sel- lers for Spot at 442. Closed with sellers at 444. buyers bidding 446. SHANGHAI MÄRKET Sterling opened with seller's for Spot at 3.25/64 and closed a shade easier with sellers at 3.23/64 for Spot. U.S. Dollars sellers for Spot quoted at the opening at 5.11/32 and closed, with sellers at 5.5/16 for Spot,
were
Shanghai Exchange
Shanghai, Jan, 18 (Reuter).
Official T.T. Bates
N.Y.-London Cross Rate 4.03-1/2
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
London, Jan. 17.
4.03-1/4
H.K. STOCK EXCHANGE
12.30 p.m. Saturday, 18th January, 1941. Although buyers are
The following quotations are the middle prices at the close of the creasing their bids, dealings were market in London. All quotations recorded in practically are subject to confirmation and no popular counters. with responsibility is assumed for errors well maintained. in transmission.
Copperweld atcel
174*
Curtiss Wright (C.)
9
Curtiss Wright “A”
287
11.38b/44a 11.32b/45a 11.25b/30a 11.20b/35a 34-3/4
11.39b/45a.. .01 up 11,34/34 .09 up anquoted
Deere & Co.
211
Distillers Corpn. Seagrams
18
Douglas Aircraft
75
Du Pont de Nemcurs...
158!
Eagle Picher Lead
91
Eaton Mfg. Co.
35
Elec. Autolite
314
Elec Bond & Share
37
Elec. Bond & Share $5 pt.
95+
Elec Bond & Share $8 pl. €5
Elec. Power & Light $7 pf." 321 Milntkote
143
not in-
Gen. American Trans.
541
Gen. Electric
34
all the interesti
Gen. Motors
454
Gen. Rallway Signal
*147*
Gen. Tire & Rubber
121*
Glidden Co.
14
"
£
Buyers H.K, Banks, $1,399.
Goodrich (BF)
134
Goodrich $5 pt. .....
837*
103-9/16
1011 13
Bank of East Asia, $75.25, Canton Ins., $210.
Goodyear Tire & Co.
194
Great Northern Iron Ore
15*
Union Ins., $405.
Great Northern Rly, ptd.
271
....
HK. Fire Ins., $163.
Great Western Sugar
217
44
Wharves, $95.
Greyhound Corpn.
117
Providents, $5.85.
Hercules, Powder Co.
74
42-47
Hotels, $3.50.
Homestake Mining
511
Trams, $18.40..
int Nickel
253
Opening
Loan, 1998
45
Star Ferries, $82.
London
0/3-5/16
Chinese 5% Crisp Loan
Lights X.Rts, $8.20.
Inter. Paper & Power Int. Tel, Tel.
131
27*
New York
5-1/8
1912
201
Light. Rts, cta 99
Johnanan
61
Japan
21-3/4
Chinese 5% Reorg, Loan.
Electrics "O" $40.25,'
India
18-3/8
1913 (Ldn. Is.)
34
Electrics "N". $40,
Kenmecott Copper Libbey-Owens-Ford
341
Gliss
401
Parts
Hongkong
nominal
22
Chinese 8% Яter. Notes,
Telephones "0" $25.25.
Lockheed Aircraft
261
1925 (Vickers)
10
Cements, $18.
Sterling
Chin. Imperial Rly, 6%
Ropes, $8.15.
Loan
47
Sellers
Watsons, $10.80,
Opening
Spot
Jan.
0/3-3/8
Feb.
U.S. Dollars
Spot Jan.
Closing 0/8-25/64 0/3-23/64
0/3-11/32 0/3-11/32 0/3-21764
$3-11/32
Honan Rly, 6%...
17
Hukuang Rly 5%, 1911...
(LP. N/Y Issue)
15
Hukuang Rly. 5%, 1011
Sellers
$5-5/18
5-5/18
Feb
5-9/32
Market:Uncertain,
5-9/32 5-1/4
German Issue) ......... Lung Tsing, & Rly. 5% 1913 d'hai-N'King Rly. 5%
13
Trams, $18.60,
+
Hai
Lights Rts, $1.
14
Cements, $18.20.
16
Ropes, $8.35.
Tientain-Pukow Rly. 5%
(Brit. Stpd.)
Watsons, $11.15.
15
Vibro Piling, $7.70.
Silver Daly Late
Tleatsin-Pukow Rly. 5%
The Central Bank of China's
rate on London at 10 am. today Tientsin-Pakow Aly. 5% was 1/2-1/2d.
Sales
(German stpd.).....
15
HK, Banks, $1,405,
(Brit. Stpd. Supi, Loan)
15
Docky “O', $18.50.
The Equalisation rate
Was
231) Tientsin-Pukow Rly. 5%
per cent.
(Ger. Stpd, Supl, Loan)
15
India Rupee Paper
Bombay, Jan. 18 (Reuter). Govt. 31% Rupee, 95-0-0.
Clean Exchange
Calcutta, Jan, 18 (Reuter). TT, on Japan, 81-1/4.
LONDON METALS
EXCHANGE
London, Jan. 17.(Reuter). Tin, Standard, Cash, Middle Union Insurance Price, £257-1/2,
Gula Kalumpong Rubber 15/7 Lon., Mid, & Scot,, Rly. 15 Great Western Rly. Spot demand due to covering of National Bank of India 32 near sales to home consumers, to B.-A. Tob (bearer) ́gether with anticipatory buying Dunlop Rubber
against thie grant of export Bristol: Aeroplane Icences.
Tin, Standard, 3 months, Middle Price, 258-7/8,
Ger, 7% Intl. Loan, 1924 5 Chartered Bank
Ropes, $8.35,
ยา
HK. & S'haf Bank (Lán.
Reg.
82
H.K. Shal Bank (Col
Feg) Chinese Eng. & Mining
bearer)
85
Chosen, Corporation
16/3 4/-
Mercantile Bank of In-
dia. £5. "G"
Ready
102
Feb, 22 Settlement
Pekin Syndicate ......
21-
Mar. 25 Settlement
'hai Elec. Constr. Co.
15/-
8'bai Waterworks “A”
131
63-00
62-15
All steamers berth alongside
the Roosevelt Terminal, in
62-07
the French Concession at
Shanghai, where passengers
20
and cargo are landed."
For further particulars
Jap. 5% Ster."Loan. 1924 224-254
371
Entertainments, $7.
Constructions "0"; $1.60.
Hotels, $3.55,
Trams, $18.40.
Cements, $18.20,
Watsons, $11.:
SILVER MARKET
BOMBAY SILVER
Bombay, Jan. 18 (Reuter).
Market Quiet, Oftake 10 barà.
Indian Mint Sliver
Jaited Steel......... Woolworthe
23/9
56/3
Maramaz Investments
1/6
II
156/3
Trad.
48/3
ex, dlv.
Western Holdings
Trans
95 34/41 10/3
Sub-Nigel
Shell
Imperial Chemical Ind. 30/44
(bearer)
-bid.
1940
DOW JONES AVERAGÉ
High Low Dow Jones Averages
Industrials 102180-111.64 30
32.67 22.15 20 Raila 28.45 18.03 20 Utilities
Bonds 92.18 83.00, 40
·64.07 · 48.47 11
Jan. 19, 1941,
High Low Close 130.26 179,50 129:75 20.94 28.98 29.03 20.30 20.20 20.27
.
Change
.21 up
.13 off
14 up
Singapore Sourabaya
. Malacca ***Sungai
Manila
Patani Swatow
New York Tsingtao Peiping Yokohama
Penang
▪་
PEIFING
(Pekin)
FORKUN EXORANGE and General Banking Business transacted.
CPERENT Accours 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 and Sterling with interest allowed at rates obtainshla 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 Currencies which will be quoted on British Income Tax overpaid, on application,
SAFE DEPOSIT BOXES of terms which may be ascertained at various sizes to let.
jany of the Agencies and Branches.
R. A. CAMIDGE,
Manager.
EXECUTOR
HONGKONG SAVINGS
BANK
The Busincas of the above Bank is conducted by the HONGKONG & SHANGHAI BANKING COR PORATION. Rules may be obtain- ed on application.
For the HONGKONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 28th Feb., 1939.
THE CHASE BANK 1.
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
BANK OF EAST ASIA, LIMITED
Authorised Capital, $10,000,000.00 Paid-Up Capital
5,598,800.00 Reserve and Undivided
Porits
2,983,261.50
Head Office:-HONG KONG No. 10 Den Voeux Road, Central”
Board of Director. ·
A
SIR SHOPSON Cnow, Chairman Li Koon Chan, Eag, Li Lan Sang, Esq. P: K. Kwok, Esq. Wong Chu Son, Esq. Wong Tan Tong, Esq. Fung Ping Wah Esq. China Ching Shuk, Esq.
KA Tona Po, Esq., Chief Manager
An American Bank offering com- LI Tax Foxo, Esq., Manager
in the principal Markets of the world.
Interest Rates on Application,
SAFE DEPOSIT BOXES
This Bank is entirely owned by THE CHABE NATIONAL BANK, NEW YORK, with Resources of
over U.S.$2,900,000,000.
D. L. BALLANTYNE,
?
Manager
A job?
Consul
WANT ADS
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Passengers
TO-
SWATOW, SHANGHAL, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
BINGAPORE, PENANG and CALCUTTA
BANDAKAN
HAIPHONG
please apply to
JARDINE MATHESON&Co. L
TELEPHONE ZOJILLIGENERAL MANAGERS
Every description of Banking and Exchange business transacted. Loan1 granted on approved securities.
Current Accounts opened in Local. Currency and Fixed Deposita re- ceived for one year or shorter periode in Local and Foreign Cur rencies on terms which will be
noted on application.
SAVE 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) Ching 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 sac Brohange.
,:|
Head Office:-SHANGHAI Hong Kong Branch:
4, QUEEN'S ROAD, G. South China Offers:
¿CANTON -
SHIUCHOW
KONGMOON TOISHAN KINGCHOW
We also handle the inus of Bonds and other Public Funds of the Chinese Government both at Home and Abroad. “
SHOU J. CHEN.
Manager.
Pan-American: Airways
14
Bombay
Kasla
Paramount Pictures
Calcutta
Lubupur Shanghai
Francisco RAMBUNG
KANKOW
Pennsylvania R.R.
231
Canton
London
Philadelphia Rend, Coal
5/32
Chefoo
Lyons
Phillips Petroleum
373
Colombo
Public Service of N.J.
281
Dairen
Pullman Inc..
261
Foochow
Muar
Pure -Oil
B1
Haiphong
(Johore) Tientsin
Hankow
Mukdea
Radio Corpn. of Am.
41
Tokyo
Harbin
Reading Company,
Com
14
Remington Arms Co., Inc.
52*
Iloilo Ipoh
Republic Aviation Corp.
44.
Republic Steel
201
Revere Corp.
10%*
in
Reynold Tobac. "B"
331
Safeway Stores
43)*
of
Schenley Distillers
11
Sears Roebuck
77
Shell Union Oil
114
Socony-Vacunura Oll .....
Southern Pacific
Southern Rly $5, pfd.
224
TRUSTEE and business undertaken.
Spicer Manufacturing Co.
361*
Standard Brands
B2
Stand Gas & Elec.
14
Standard Oil of California 191
Standard Oil of NJ
34
Stone & Webster
73:
Studebaker Com
72
Swift International
183*
Technicolor
9
Texas Corpn.
371
Texes Gulf Sulphur
361
Timken-Axle
331
Trans-America Co.
43
20th Cent. FOX.
614
Union Bag & Paper Corp.
12
Union Carbide & Carbon
70
Union Pacific
82
United Aircraft
412
United Airlines. Trans.....
153
United Corpn
1}
United Corpn. $3 cum pf.
291....
United Gas Corpn.
18, PINE STREET, ./ --
NEW YORK
United Gas Improvement
10
UA, Industrual Alcohol.
264
plete Foreign Banking Service
U.8. Rubber
22%
Coury
US Rubber $8 pfd.
864
Branches and Agencies:
Kowloon Prang
U.S. Smelting
63
F
U.S. Steel
651
Loudon
Kelbeurze
NAMAKA
Vanadium
321
Vultes Aircraft
71*
Bombay Calotta Balphong Bukow
Honginta
New York Seattle Pari
"
Felping
Bemarang Shangha
Singaporo Kangoon Bumbaya Baigon
Bwntow Ban Bran Sydney
800 Tuntain"
tagter
Walworth Co.
51*
Warner Bros. Pict.
31
Westinghouse Elec.
1024
Woodward Iron Cor.
31
Chase National Bank National City Bank
"324* 273*
Jan. 17.
-120.54
29.16.
Commodity Index
20.13 $1.66 57.03
91.78 ,12 up 50,98 .5 off
Business Done:-250,000 shares
SWATOW
•