(REUTER'S SERVICE)
it
New York Cotton, March
New York Rubber, March Chicago Wheat, May Chicago Corn, May New York Hides. March NEW YORK.COTTON
བྷཱ་ནཝཐཱ་
Prev. Today's High Low Close Close Change 10.40 10.32 10,32 10.39 .07 up 19.19 19.00 19.10 19.00 10 of
38 851 851 85% 631 824 62) 611
up
p
STOCKS
On demand
430
Spot
Close 10,57
Un Singapore:-
March
10.32/32 10.32/32
Closing Change 10.69 10.39/40
Adams Express
.12 up
Alleghany Steel Co.
07 up
Allis Chalmers
On demand
52 3/4
May
10.33/34
10.45/40
10.43/42
09 up
aluminium Ltd.
On Japan:
July
10.19/19
10.22/22
10.31/31
.12 up
Amer. Can
On demand
163 1/2
October
9.69/09
9.71/71
9.87,87
.18 up
American Cyanamid B.
On India:-
December
9.62/62
: 9.66/66
9,80/60
.18 up
Amer. Foreign Power
Telegraphic Transfer,
and demand
S2 1/2
January (1942) ..... 9,58 N
9.80/60
9.64. N
.08 up
Amer& Foreign #7 pf.
Total sales Tuesday:-99,300 bales,
Amer. Locomotive
On New York:-
On Batavis:-
NEW YORK RÜBBER March
Bank Bills, on demand 23 7/16 Credlis, 80 days sight 24 3/16
Last Notice Day for January Cotton is January 23, 1941 (Date of Delivery).
PAGE 10-HONGKONG-DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
· JANUARY 23, 1941
Da London:-
Telegraphic
Transfer. 2 7/* Bank Bills, on demand 1 7/8 Credits 4 months' sight
On Shanghai:-
NEW YORK COMMODITY MARKET
NEW YORK, Jan. 22, 1941.
13.00 12.82 12.78 13.026 24 up
Opening
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
JANUARY 23, 1941.
FRIDAY, JANUARY 24, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
INDIA, AUSTRALIA AND CHINA
Authorised Capital. $50,000,000
Reserve Funds:
Sterling
Issued & Fully Paid-Up 820,000,000 Incorporated by Kayal Charter, 185#
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 Reserve Liability of
prietors
...£3,000,000 HEAD OFFICE: LONDON:
39, Bishopagate” E.C.2.
Sub-Agencies In London: 117/129, Leadenhall Street, E.C.3 West End Branch:
14/18, Cockapur Street, 8. W
Manchester Branch:
Deputy Chairman. 59, Mosley Street, Manchester, 2
AGENCIES AND BRANCHES
ALOR STAB.
HONG KONG "IZNANG
Last Sale
STOCKS
Last Sale
Proprietors
$20,000,000 |
Jan; 22
Jan. 22
Head Office:-HONG KONG
67
Loew's Inc.
333
23⭑
Loft Incorperated..
18
33+
Mack Truck Inc.
307
Hoard of Directors: Hon. Mr. J. J. Paterson,
734
Martin, Glen L
281
Chairman,
91
McKesson & Robbins, pid. 201
C. C. Roberts, Esq.,
351
Montgomery Ward
374
1
M'tain City Copper Co.
34
"19
J. K. Bousfeld, Esq.,
National Aviation .....
01
15)
Nat, Dairy Products
131
L. J. Davies, Esq.,
A. H. Compton, Esq.,
Amer. Metals Co.
18+
National Distillers
228
Hon. Mr. S. H. Dodwell,
Amer. Radiator
62
National Lead
174
G. Miskia, Esq.,
AMKITBAR
BANGKOK
Amer. Rolling Mill
141
Nat, Power & Light
ez
K. S. Morrison, Esq.,
BATAVIA
..... 19.10b/11a 19.10/10
19.00/03
.10 off
On demand
43 7/8
Amer. Sting and R'ing Co.
42
May
On Paris:-
July (New contract)
19,00b/05 19,05/05 18.92b/95a
National Supply Corp.
53
18.90/93
.10 off
amer, Sugar Refining
154
New York Central
144
18.85 N
.07 .off
On Manila:------
Bank Bills, on demand Nom.. Credits 4 months' aight Nom.
On Saigon:-
On demand
On demand
On Bangkok:-
Amer. Tel & Tel
167
Niagara Hudson Power
3
September (
>
18.80b
18.81b/19.00a 18.75b
.05. "off
Amer. Tobacco "B"
221
Total sales:-730 tons
Amer. Waterworks
61
N. American Aviation North American Co.......
157
16*
101 3/4
CHICAGO WHEAT
Anaconda Copper ....
25
Northern Pacine
F
73
Hon. Mr. T. E. Pearce,
Hon. Mr. A, L. Shields, Sir Vandeleur. M. Grayburn,
Chief Manager.
Branches:
CALOUTTA
AGENCIES: CLIVE TE FALL PLACH
KUALA
BOMBAY
ILOILO
IPCH
KARACHI
KLANG
КОВЕ
BANGOON
BAIGON"
BEREMBAN SHANGHAI
SINGAPOER
BITIAWAN
48 7/8
May July
83/85%
851/85
850/854
up
Atchison, T. & S. Fe.
237
Owens-lino's Glass Co....
461
791/80
Amoy
Johore
797/793
79+/791
off
Aviation Corp. ......
49
Pacific Gas & Elec
281-
Bangkok
Kobe
September
80+/801
30/80
1 off
Baldwin" Lecometive
161
Packard Motors
3
Batavia
Kowloon
Rangoon Saigon San
CANTON CAWNPOR CEBU
COLOMBO
DELHI
GAIPHONG
LUMPUR KUCHIKG
SOU RABATA
TAIPING
TIESTAIN
MADBAS
TONGKAN
MANILA
(Bhuket)
KEDAN
TSINGTAL
NEW YORK
TOKOHAMA
On demand ......
....... 148 1/2
Tuesday's sales:-9.947,000 bushels.
Baltimore & Oblo
On Sterling Notes:---
CHICAGO CORN
Barber Asphalt Co.
Bank Buying Rate
Nom.
May
627/627
623/623
631/631
up
Barnsdall ou
Bar Silver per oz.
23 3/18
July.....
827/527
621/627
631/631
up
Bendix Aviation
September
623/623
631/631
+ up
Bethlehem Steel
NEW YORK HIDES
Bisa & Co.
Market Repor
FROM ROZA BROS.
March
12.78/78
12,52/82
June
12.45/51
12.45b/55a
13.026/10 12.67b/702
.24 up
Boeing Airplane Co.
22 up
Borg-Warner
Thursday, Jan. 23.
Silver prices
were
unchanged March
yesterday.
the
re May
maining at
as May
343/4 for Spot.
May
quotations
Total sales for the day-64 contracts, NEW YORK COCOA
23.3/16, for Ready NEW YORK SUGAR NO. 3:
and 23.1/8 for Forward, Silver March advices reported Speculators
having bought to a small extent.
Volume of business done: 287 lots The market was steady but qufet NEW YORK SUGAR NO. 4: American Siver was quoted at March
The London/New York cross- Volume of business done:-112 lots. rate was quoted at 402.1/2. New NEW YORK COPPER FUTURES York-London was anoted at 403-March
Briggs Mig.....
Budd M'facturing Corp.
4.99/95 5.05 N
4.38b/5.012 $.04b/06a
493 N° 5:05 N
,01 off unch,
Canadian Pacific R'way
Case, J.I
Celanese
2.01b/028 2.05b/06a
2008/01a. 2.05b/08a
.01 off
Chesapeake & Ohio
unch.
Chrysler Corpn.
Columbia Gas & Elec.
Commercial Credit Co.....
.70b,/.77a .79/.79 .781b/.794a 80b/.832
761/77
.004.up
Com, & Southern (Ord.)
79b/.80€
001 up
Consolidated Edison
Consolidated Oil
Continental Can
1/2
Steady
July
MARKET
NY. Official Silver
11.50/50 11.50b/60a 11,45b/55a 11.40b/438 11.38b/50a 11.38b/48a 34-3/4
.05 of
Continental Oil*
02 off
Copperweld Steel
34-3/4
Curtiss Wright (C.)
NY-London Cross Rate 4.03-1/2
4.03-1/2
Curtiss Wright "A"
Spot.
AFTERNOON MARKET
1925 (Vickers)
Chin. Imperial Rly, 5%
STERLING
There were sellers at 1/3 Jan..
uary/March: bayers at 1/3.1/32
for any delivery.
U. S. DOLLARS
LONDON STOCK EXCHANGE
(REUTER'S SERVICE).
London, Jan. 22. 8.-A. Tob. (bearer)
Bellers at 23.13/18 for
The following quotations are the Dunlop Rubber buyers bidding 23.7/18 for Cash.
middle prices at the close of the Bristol Aeroplane SHANGHAI DOLLARS
market in London. All quotations Imperial Chemical Ind. The market opened with sellers
are subject to confirmation and no Jnited Steel at .438.1/2. The lowest rate was
responsibility is assumed for errors Woolworths 434. The market closed at i pin transmission. with sellers at 435.1/2. buyers at 436 for Spot.
SHANGHAI MARKET Sellers of Sterling were quoted at the opening at 3.27/64, Sub sequently the rate rose to 3.29/64 1or Spot. Last advices indicated sellers at 3.7/16 for Spot. U. S. Dollars opened with sellers al 5.7/16 for Spot and the close there were sellers at 5,15/32 for Spot,
War Loan, 3% (Red,
after 1952) Defence Loan, 3%..... Janton-Kleon Rly. 5% Chinese 41% Gold Loan
1898 (Brit. Issue) Chinese 5% Gold Bonds,
1925/47 Chin. 44% Anglo-French
Loan, 1908. Chinese 5% Crisp Loan.
1912
The market was steady in the Chinese 5% Reorg. Loan. afternoon.
1813 (Ldn. Is.) Chinese 3% Ster. Notes.
STERLING There were sellers at 1/3 Jan- uary/March, buyers at 1/3.1/32
103-0163hell Trans-
(bearer)
•-bid.
RESERVE BANK OF
INDIA STATEMENT
Calcutta Jan. 22 (Reuter).
Jan. 10 Jan. 17
Glidden Co.
Goodrich $5 pf.
Deere & Co.
Distillers Corpn. Seagrams
Douglas Aircraft
Du Pont de Nemoura
Eagle Picher Lead
93/9.
Eaton Mfg. Co.
34/-
Elec. Autolite
10/6
Elec Bond & Share .........
30
Elec. Bond & Share $5 pr.
23/11
Elec. Bond & Share $8 pf.
55/-
Elec. Power & Light $7 př.
...
Marsman Investmenta * Western Holdings Sub-Nigel
7/0
Flintkote
10/3
Gen, American Trans.
153/9
Gen. Electric
& Trad.
Gen. Motors
101
45/71
Gen. Railway Signal
13
+ -2x. div.
Gen. Tire & Rubber
44
Goodrich (BF)
42-47
Goodyear Tire & Co.
Great Northern Iron Ore
45
Great Northern Rly, pid
Great Western Bugar
26
34"
Notes in circulation (including Notes held in the Bank-
Greyhound Corpn.
Hercules Powder Co.
ing Department)... 25,905 25,954
Homestake. Mining
10
Rupee Coin and Bul--
Int Nickel
Inter. Paper & Power
lion in India
2,957
3,001
for Cash.
Loan
47
U. S. DOLLARS Were a shade steadier:
Honan Rly, 5%
16
market closed with sellers
The
ati
Hukuang Rly 5%, 1911...
Gold Coin and Bul-
lion in India Securities
Int. Tel. & Tel.
Johnsman......
4.441
4.441
Kennecott Copper
(Indian
Government) Securities,
Libbey-Owens-Ford
4,681
4,980
Lockheed Aircraft-
(British
13
Government)
13,550 13,550
SHANGHAI DOLLARS
Lưng Tsing hải. Ở Fal
kly. 5% 1913
(Figures in Lakhs of Rupees),"
..14
1940
435.hai-N'King Rly. 5%
18
15
(L.P. NY Issue) 15 23.13/18 for Cash and 23.7/8 end Hukuang Rly. 5% 1911 of February/March, buyers at (German Issue) 23.15/16 Cash.
Business was arranged at
1/2 and also 435. The market closed with sellers at 434.1/2, buyers bidding 435,1/2.
SHANGHAI MARKET Last advices indicated Sterling at 3.28/04 and US Dollars at 5.1/2 both sellers for Spot
Shanghai Exchange
Shangbal, Jan. 23 (Reuter).
Official T.T. Rates"
ntain-Pukow Rly. 5% Brit. Stpd.) Fientsin-Pukow Rly. 5%
(German. Stpd.)......... 15 Tientsin-Pukow Rly. 5%
(Brit. Stpd. Supl, Lean) 15. Tientsin-Pukow Rly. 5% (Ger. Stpd. Supl. Loan) Jap. 5% 8ter, Loan, 1924 Ger, 7% Intl. Loan, 1924 Chartered Bank
SILVER MARKET
LONDON SILVER
London, Jan 22 (Reuter).. Silver-Some speculative buying was met by little local selling. Business small, market steady. In the afternoon, the market was quiet but steady.
Spot, 23-3/16d.
BOMBAY SILVER
Bombay, Jan. 22 (Reuter).
High Low Dow Jones Averages 169.80 111.54 30 Industrials
32.07 22:16" 20 Rails
26.45 18.03 20 92.13 83.08 40 84.07 48.47 11
Bonds
Jan. 23, 1941.
High Low Close 129.03 127.00 128.65 $0.35 28.07 29.28 20.32 20.00 20,18
Chanze
.46 up
.38 up
.14. up:
Francisco BAMBURG
Haiphong (Johor) Tientain
Mukden
Tokyo New York Tsingtao Peiping Yokohama Penang
CURRENT ACCOUNTS opened
BANKOW
(Peking)
FORTION EXCHANGE and, General Banking Business transacted.
CURRENT ACCOUNT opened and FIXED DEPOSI1rs 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 obtainable on application.
in Local Currency and FIXED DE- The Bank's Head Office in London POSITS received for one year or
shorter periods in. Local and Other undertakes Executor and Trustee business, and claims recovery of Currencies on terms which will be British Income Tax overpaid, on
SAFE DEPOSIT BOXES of terms which may be ascertained at jany of the Agencies and Branches.
· R. "A. "CAMIDĜE,
Manager.
EXECUTOR
HONGKONG SAVINGS
The Business 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. 25th Feb., 1939.
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, FINE 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
This Bank is entirely owned by THE CHASE NATIONAL BANK, NEW YORK, with Resources of
over C.S.$2,900,000,000,
D. L. BALLANTYNE, ·
Manager,
A Job?
WANT ADS
INDO-CHINA
BANK OF EAST ASIA, LIMITED
Authorised Capital...$10,000,000.00 Paid-Up Capital Beserve and Undivided
Ports
8,388,600.00
2,083,261.50
Head Office:-HONG KONG No. 10 Des Voeux Road, Central.
Board of Director... SIR SHOPHON CHow, Chairman
Li Lan Bouig, Esq. Wong Chu Son, Esq. Fong Ping Wah Esq.
Li Koou Chan, Esq. P. K. Kwok, Esq. Wong Tan Tong, Esq. Chan Ching Shok, Esq. KAN TONG PO, Esq., Chief Manager La Tax Foxo, Eaq., Manager
Branches and Agencies:
Kovipos Penang Loudon jangoos
Alsporo
Soprabaya Balgon *Bwatow Kelbourne San Fran Sydney Nagmaaks
Faris
cisco Tiantain
rouver
Pelping Shangha
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposits re- ceived for one, year or shorter periods in Local and Foreign Car rencies on terms which will be quoted on application.
SATE 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
offtake 50 bars. STEAM: NAVIGATION COMPANY LTD PAID-UP CAPITAL $40,000,000.
Operating Services for Cargo and Passengers
16
22-24
53
Forward, 23-1/8d.
81
HK. & Sha! Bank (Lan.
Opening
Reg.
82
Market Quiet.
London
New York
0/3-5/16 5-1/4
HK. S'hai Bank (CL
Indian Mint Silver
Peg)
85
Ready
63-01
Japan
..: 22-1/4
India
18-3/8
Chinese Eng. & Mining
(bearer,
Feb, 21 Settlement
63-00
18/0
Mar. 25 Settlement
€2-08
TO
nominal 22
Chosen. Corporation
41-
Mercantile Bank of In-
dia. £f. "G"
Pekin Syndicate
1/0
Spot Jan... Feh
'A'
US Dollars
Spot
$5-7/18
$5-1/2
B'hai Mec. Constr. Co. S'hal Waterworks “A” Union Insurance...... Gula Kalumpong Rubber 15/71 Lon.,, Mid, & Scot Rly. 148 Great Western Rly....... 302. National Bank of India 311
15/-
ξει
20
✓
Jan.
Feb.
5-1/2 5-7/18
Paris Hongkong
Sellers
Stern
Opening Closing 0/3-21/64 0/3-29/84 0/3-27/84 0/3-29/54 0/3-25/64 0/3-27/64 ||
5-13/32
5-3/8
Market: Quiet but Steady.
Silver Duty Rate
The Central Bank of China's rate on London at 10 am, today was 1/2-1/2d.
The Equalisation rate was 224
per cent.
India Rupee Paper
Bombay, Jan. 28 (Reuter), Govt, 34% Rupee, 94-12-0. Calcutta Exchanges.
Calcutta Jan, 22 (Reuter). TT on Japan, 81-1/4.
LONDON STOCK.
EXCHANGE
LONDON, Jan. 23 (Reuter, - Sentiment in the Stock Exchange yesterday was cheered by the latest news regarding Tobruk but the early promise of resumption of activity failed to materialise.
Gilt-edged occasionally streng- thened but Industrials and Olls falled tr show
any definite trend.
Among Foreign Bonds, Brad- llans were undecided while Far Eastern, specially Japaness, tended ito lower.
Wall Street was quieL
:
SWATOW, SHANGHAL, TSINGTAU, CHEYOO-
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 lauded.
For further particulara
please apply to
JARDINE MATHESON&Co.,LTD. TELEPHONE ZOSIL• GENERAL MANAGERS
(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, C South China Offioca:
CANTON
SWATOW
SHIUCHOW
KONGMOON TOISHAN KINGCHOW,
We also handle the issue of Bond and other Public Funds of the Chinese Government both at Home and Abroad.
AHOU J. CHEN,
Manager
.31
Pan-American Airways
14
Benibay
Kuala
PRIPING
21
Paramount Pictures
11
Calcutta
Lumpur Shanghai
83
Pennsylvania RR.
237
Canton
London
Singapore
351
Philadelphia Read, Coat
Chefoo
5/32
Lyons.
Sourabaya
841
Phillips Petroleum
371
Colombo
Malacca
Sungei
177
Dairen
Manila
Pataci
Public Service of NJ,
281
Foochow Muar
Swatow
16
Pullman Inc....
261
181
Pure Ol.
8
Bankny
३॥
231
Radio' Corpn. of Am,
4+
Harbin
42
Reading Company,
Com
144
(loilo
37
Remington Arms Co., Inc.
51"
Ipoh
54*
|Republic Aviation Corp.
47
||
261
Republic Steel
201
421
Revere Corp.
101
66
Reynold Tobac. "B"
34
41
Safeway Stores
424
29+
Schenley Distillers
101
quoted on application.
Sears Roebuck-
75)
22+
Shell Union 0
101
51
various aizes to let.
Socony-Vacunum Of
87.
374
TRUSTEE
and
Southern Pacife
10
business undertaken.
3.9
Southern Rly $5 pfd.
234
172
Spicer Manufacturing Co. 354*
87
Standard · Brands
28
Stand Gas & Elec.
1
BANK
211
Standard Oil of California · 19
171⁄2
Standard Ol of NJ.....
34.
741.
Stone & Webster
717
155
Studebaker Com
71
9.
Swift International
181*
351
Technicolor
91
303
Техал Согра
37#
4
་་
Texes Gulf Sulphur
37#
55*
Timken-Axle
317
63
Trans-America Co.
48
314
20th Cent. Fox.
61
141.
Union Bag & Paper Corp.
118
THE CHASE BANK
537"
Union Carbide & Carbon
69
341
Union Paciae
81
442
United Aircraft
414
142
United Airlines. Trans
141
12*
United Corpn.
11
13#
United Corpn. $3 cum pt. 284
131
United Gas Corpn.
t.
621*
United Gas Improvement 10
19
U.S., Industrual "Alcohol...
261
15
U.S. Rubber
227
28
US. Rubber $3 pid. ............
89+
213/
U.S. Smelting
B3
11
U.S. Steel
663
73
Vanadium
314
50%
42003 Batavin Bombay
Manila
Onionita
Haiphong
HANKOT
New York Sessio
Honolulu
Bemarang
Kobe
Vultee Aircraft
62*
25%
Walworth Co.
53
131
Warner Bros. Pict
34
21"
Westinghouse Elec,
101
61+
Woodward Iron Cor.
31
331
Glass
382
Chase National Bank National City Bank
251
DOW JONES AVERAGE
Jan. 21,
128.20
28.00
Utilities
20.04.
Commodity Index
91.68 58.28
91.98 7.30 up 58.41 13 up Business Done:-320,000 shares