(REUTER'S SERVICE)
NEW YORK, Jan. 25, 1941.
High Low
10.44 10.40
19.43 19.37
Prev. Today's
Close Close Change 10.45 10.40 .05 of 19.27b 19.42 16 up
801
851..
New York Hides, March
631 63. 13,00 12.98
857 851
631 12,98b 13.00
1 off
03
off
.02
STOCKS
up
On Shanghai:-
On demand
NEW YORK COTTON "Close
Opening
Closing
Change
Adama Express
120
March
52 3/4
May
July
102 1/2
October
December
192 1/2
January (1942)
Spat
On Singapore:--
On demand
On Japan:-
On demand
On India:-
Telegraphle
and demand
On New York:-
Transfer.
Bank Bills, on demand 23 1/2 Crediis, 80 days sight 24 1/4
Total sales Fdiday:-50,400 bales.
The first notice day for March cotton is 25/2/41 and last day is 14/3/41.
10.45/45
10.43/43
10.40/40
4,05 off
Alleghany Steel Co.
10.46/48
וי
10.45,45
10.37/37
10.35/35
10.43/43
10.34/34
.03 off
Allis Chalmersto
.03 of
Amminium Ltd.
9.93 N
9.81/91
9.88 N
.05 off.
-Amer. Can
9.89/89
9.87/87
9.83/83
.00 off
American Cyanamld B.
9.84 N
9.81b/848
10.04
9.75 N 10.98
.06 of
Amer. & Foreign Power
.04 up
Amer
& Foreign $7 pf.
Amer. Locomotive
Amer. Metais Co.
Amer. Radiator
On Batavia:—
On demand
On Paris:-
Amer, Rolling Mill
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS
JANUARY 25, 1941
On London:-
Telegraphic Transfer. 12 7/8 Bank Bills, on demand 1/2 7/5 Credits 4 months' sight
NEW YORK COMMODITY MARKET
New York Cotton, March New York Rubber, March Chicago Wheat, May Chicago Corn, May
NEW YORK STOCK EXCHANGE
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
INDIA, AUSTRALIA AND CHINA
41
Authorised Capital $50,000,000
QUOTATION
(REUTER'S SERVICE)
JANUARY 26, 1941.
Issued & Faily Paid Up-820,000,000 incorporated by Royal Charter, 155@
Reserve Funda: "
Paid-Up Capital ...........£3,000,000 £6,500,000 Reserve Fund.... Sterling
..£3,000,000
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro- Reserve Liability of
prietors
£3,000,000 Proprietors
HEAD OFFICE: LONDON:
39, Rishopsgate E.C.2. Sub-Agencies In London:
117/122 Leadenhall Street, E.Ca West End Branch:
14/18, Cockapur Street, S.WI Manchester Branch: 62, Mosley Street, Manchester, $.
AGENCIES AND BRANCHES
ALOR STAR
HONA KUNG PENANG ILOILA
IPOA KARACHI
MONDAY, JANUARY 27; 1941.
BANKS
$20,000,000
Last Sale
STOCKS
Last Sale
Jan. 25
Jan. 25
Head Office:-HONG KONG
61
Loew's Inc.
331
234
Loft Incorperated
171
341
Mack Truck Inc....
31
Board of Directors: Hon, Mr. J. J. Paterson,
733
Martin, Glen L.
29
Chairman,
904
McKesson & Robbins, pid. 26
0. C. Roberta, Esq.,
343
| Montgomery Ward
371
Deputy Chairman.
1*
M'tain City Copper Co.
31*
J. K. Bousfeld, Eng.,
19
National Aviation
97
A. H. Compton, Esq.
154
Nat. Dairy Products
13
L. J. Davies, Esq.,
181*
National Distillers
221
Hon. Mr. S. H. Dodwell,
61
National Lead
17
G. Miskin, Esq.,
142
Nat, Fower & Light
61
K. S. Morrison, Esq.,
AMRITSAR
BANGKOK
BATAVIA
44
NEW YORK RUBBER March
Amer. Sting and R'ing Co.
427
National Supply Corp.
Hon. Mr. T. E. Pearce,
Bank Bills, on demand No. Credits 4 months' sight Nom.
May
19.20b/210
July (New contracty
19.10b/128
19.27b/30a. 19.30b/40s 19.42/42 19.25/25 19.10b
.15 up
Amer. Sugar Refining
15
New York Central
141
On Saigon:-
On demand
On Manila:
On demand"
On Bangkok--
On demand
On Sterling Notes:-
Bar Silver per oz.
September
}
19.04b
19.14, 14
19.30b/34a 19.225/240 19.155
.10 up 12 up .11 up
Amer. Tel, & Tel
1661
Niagara Hudson Power
3"
Amer. Tobacco "B"
71°
N. American Aviation,
16
Amer, Waterworks
61
North American Co.
163
Hon. Mr. A. L Shield, Sir Vandeleur M. Grayburn,
Chief. Manager:
BOMBAY
CALCUTTA
AGENCIES:
CLIVE START KEALA
CANTON
QAWNPORI
1:
102
Total sales:-90 tons
Anaconda Copper
25
Northern Pacific
7+
Branches:
CEBU
RANGOON
SALMON
BEBEMBAN
BEANCHA
KLANO
KOSK
BINGAPOR
SITIAWAN
„SOURALLYA
FAIRAN PACY
LUMPUR
TALPING
KUOHING
TIENTSIN
MADRAS
TONGKAH
Atchison, T. & S. Fe.
CINCAGO WHEAT
47
Aviation Corp.
May...
86,851
149 1/2
July
8017801
September
801/80)
86.857
85/85)
803/801
791/79
791/791
off
Baldwin Lecometive
14 off
Baltimore & Ohio
11 off
"
Barber Asphalt Co.
Bank Buying Rate.... Nom
Market Report
FROM ROZA BROS-
Friday's sales:-6.433,000 bushels.
"Barnsdall Oll
23 1/4
CHICAGO CORN
Bendix Aviation
May
€34/633 834/83
63/63
..i off
Bethlehem Steel
July.
September
833b 631b
638/63
631/638
winch
Bliss Co.
631/631
unch.
Boeing Airplane Co.
January 25, Silver prices rose 1/18 yesterday
NEW YORK HIDES March June
Borg-Warner
12.985/13.00a 13.00/00
12.08b/098
13.00/00
02 up
Briggs Mtg.
12,88/68
12,88b/72a
unch.
Budd M'facturing Corp.
for both deliveries, the quotations
Total sales for the day:-14 contracts. being 23.1/4 for Ready and 23.3/16 | NEW YORK COCOA for Forward.
A small business March Was done. The market was steady May
Canadian Pacific R'way
Case, JI
Celanese
4.95 N 5.02 N
4.95/95 5.01b/03a
4.96 N. 5.03 N
.01 up -.01 up
Chesapeake & Ohio.
Chrysler Corpn.
but quiet. American Silver quoted at $4.3/4 for Spot.
The
was NEW YORK SUGAR NO. 3:
March
Columbia Gas & Mec.
2.01b/02a
London-New
York cross- May rate was quoted at 402.1/2. New York-London was quoted at 403 - 1/2.
2.05b/07
2.02b/031 2.06b/07a
.01 up" unch.
Commercial Credit Co.
Com, & Southern (Ord.)
MARKET
Quiet.
STERLING
War Loan, 34% (Red.
after 1952) Defence pan, 3% Canton-Kioon Rly. 5% Chinese 41% Gold Loan
1898 (Brit. Issue) ...... Chinese 5% Gold Bonds,
1925/47
London New York
Japan
0/3-5/16
Chin. 44% Anglo-French
i,
.76b/772 .79b/.80a Volume of business done:-8 lots.
No business was reported. There NEW YORK-COPPER FUTURES were sellers at 1/3 January-April. buyers at 13.1/32 Cash.
U.. S. DOLLARS
Some business was done at 23.- 7/8 for Cash. The market closed with sellers at 23.7/8. buyers at 23.15/16 for Cash.
SHANGHAI DOLLARS
schlers at 435. Opened with Business was arranged at various rates and at the close there were sellers at 438, buyers at 439 for Casti.
SHANGHAI MARKET
Opened.. with sellers at 3.7/16. Last advices reported sellers of Sterling at 3.27/64 for Spot. US Dollars opened with sellers for Spot at 5.15/32, At the close there were sellers at 5.7/16 for Spot -
Shanghai Exchange
Shanghai, Jan, 25 (Reuter).
Official T.T. Batem
Opening
March July...
..... 11.37b/47a 11:37b/50
11.30b/40a
N.Y, Official Silver-.. 34-3/4 NY-London Cross Rate 4.03-1/2
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Jan. 24. The following quotations are the middle prices. at the close of the market in London. All quotations láre subject to confirmation and no responsibility is assumed for errors in transmission.
H.K. STOCK EXCHANGE
January 25.
At the close of the week the market continues steady.
BUYERS
Hongkong Banks, $1,405, Canton Ins., $210. Union Ins.. $407. HK. Fire Ins., $185. Provindents, $5.80. . Hotels; $3.55. Humphreys, $7.95. Telephones (Old), $25.4
Cements, $18.10.
Dairy Farms, $19.20; Watsons, $11.10..
Entertainments, 37.
Constructions (Old), $1.60.
SELLERS
Volume of business done:--434 lots
NEW YORK SUGAR NO. 4: March May
Consolidated Edison
Consolidated Ol
.76b/.7îa 79b/.80a
.760/.778 .7940/8019
.00 up
Continental Can
.001 up
Continental Ou
Copperweld Steel
Curtiss Wright (C.),
Curtiss Wright "A"
11.28/408
11.41b/478
11.33b/40a unquoted 4.03-1/2
.04. up
Deere & Co.
.03 up
Distillers Corpn. Seagrams
Douglas Aircraft
Du Pont de Nemoura
Eagle Picher Lead
Eaton Mig. Co.
Elec. Autolite
Elec Bond & Share
Elec. Bond & Share $5 pt.
Elee Bond & Share $6 pf.
Elec. Power & Light $7 pí. Fintkote
Gen. American Trans.
Cen. Electric
Gen. Motors
Gen. Railway Signal
Gen! Tire & Rubber
Glidden Co.
Goodrich (B.F.)
£
Goodrich $5 pf.
Goodyear Tire & Co.
103-7/18
Great Northern Iron Ore ..
Great Northern Rly, pfd.
1011 13
Great Western Sugar
44
Greyhound Corpn. Hercules Powder Co. Homestake Mining
Int Nickel
42-47
Inter. Paper & Power
5-1/4
Loan, 1908....
45
Docks (Old). $18.40.
22-1/4
Int, Tel. Tel. Johnsman
Chinese 3% Crisp Loan.
India
18-3/8
1912
24
Lands 4% Debentures, 100. Cements, $18,35.
Paris
Hongkong
nominal 22
Chinese 5% Reorg, Loan
Ropes, $8.35.
1913 (Lan. Is.)
34
Vibro Filing, $7,70,
Sterling
Sellers
Chinese 8% Ster. Notes,
SALES
1925 (Vickers)
10
Spot
Opening Closing 0/3-7/19 0/3-27/64
Chin. Imperial Rly. 5%
Loan
Union Ins., $410.
47
Docks (Old), $18.
1940/41
Jan,
Feb.
0/3-7/16 0/3-27/64 0/3-13/32 0/3-25/64
Honan Rly, 5%
16
Hotels, $3.55.
High
Hukuang Rly 5%, 1911..
China Lights (Old), $6.35.
(LP. N/Y Issue)
15
U.S. DollarE
Bukuang Rly. 6%, 1911
Spot
$5-15/32 $5-7/16
(German Issue)
13
HONGKONG"
Jan.
Feb.
..... 5-15/32
5-7/10
5-7/18 5-3/8
32.67 22.15 20 28.45 18.03 20 92.13 83.00 40 • 04.07 48.47 11
Lung Tsing & U Hai
Bly. 5% 1913 S'hal-N'King Rly. 5% ... Tientsin-Pukow Rly, 6%
14
18
15
Market: Uncertain.
Note: The Shanghai exchange market will remain closed on Jan. 27, 28 and 29.
Silver Duty Rate The Central Bank of China's 'rate on London at 10 am. The Equalisation rate was 231 per cent,
India Rupee Paper
Bombay, Jan 25 (Router). Govt: 31% Rupee, 95-01-0.
Calcutta Exchange
Calcutta, Jan. 25 (Reuter). TT. on "apan. 81-1/4.
(Brit. Stpd.) Tientsin-Pukow Rly, 5%.
(German Stpd.)........... 15 Tientsin-Puko Rly, 5%%%
(Brit,Stpd. Supi Loan) 15 lentsin-Pukow Rly. 5or Ger. Stpd. Bupl, Loan) Jap. 8% Bter. Loan. 1924 Ger 1% Intl. Loan, 1924 Chartered Bank
SHAREBROKERS'
ASSOCIATION.
Volume of Business Transacted
on Saturday, Jan. 25, 1941. SALE'S
H.K. Docks (Old) ...... 100 $18.00
The total value is $1,800.00.
Tin,
EXCHANGE
London, Jan 24 (Reuter).
Standard, Cash, Middle
Price, £256-3/8.
Tin. Standard, 3 months, Middia
;
16
21
LONDON METALS
53
8#
HK. & S'hai Bank "(Lan
Reg.)
80/-
H.K. & Shal Bank (Cal.
Peg)
84
Chinese Eng & Mining
(bearer,
Price, £257-3/8,
18/0
Market steady.
Chosen Corporation
4/-
Mercantile Bank of In-
dia, £5, "G"
11%
Pekin" Syndicate
....
1/6
10/3
'hal Elec. Constr. Co.
15/-
Imperial Chemical ind
30
*
6'hai Waterworks “A” Union Insurance
131
United Steel
22/0
20
Woolworths
58/31
Marsman Investments
7/6
Western Holdings
10/3
Hub-Nigel
152/8
&
·Trad..........
44/6
-ex div
Bristol Aeroplane......
SILVER MARKET BOMBAY SILVER Bombay, Jan, 25 (Reuter). Market Quiet, but steady, On take 30 bars.
Ready
Indian Mint Silver
......
Feb 21 Settlement Mar. 25 Settlement...... 62-09
Gula Kalumpong Rubber 15/7 Lon, Mid, & Scot, Rly. 144 Great Western Rly, 354. National Bank of India 311
93/11 B.-A. Tob (bearer)
*bid. 34/11 Dunlop Rubber
thell Trans
bearer).
83-02
..., 63-01
Kenrrecott Copper Libbey-Owens-Ford Lockheed Aircraft.
Warner Bros. Picti Westinghouse Elec. Woodward Iron Cor. Chase National Bank National City Bank
DOW JONES AVERAGE
Low Dow Jones Averages 152.80 111.84 30 Industrials
Rails Utilities Bonds Commodity Index] 88.71
Jan: 20, 1941-
High Low Close 129.08 128.73 128.96 99.72 29.50 .29.85 20.51 20.36 20.48
44 up
Haiphong, (Johore) Tientsin
Mukden
Tokyo
New York Tsingtao Peiping Yokohama Penang
CURRENT ACCOUNTS opened
KAIPBONO
BANKOW
MANILA
MEDAN
NEW YORK PRIPING
(Peking)
.
(Bhuket)
TRINGTAC YOKOHAMA
FORMON EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DETOairs, 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 Starling 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 Currencies on terms which will be business, and claims recovery of British Income Tax overpaid, on of terms which may be ascertained at
any of the Agencies and Branches.
R. A. CAMIDGE,
Manager.
EXECUTOR
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the HONGKONG:
SHANGHAI BANKING COR PORATION. Rules may be obtain-
d on application.
For the HONGKONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager, Hong Kong, 25th Feb., 1839.
13, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
BANK OF EAST ASIA, LIMITED
1uthorized Capital.....$10,000,000.00 Paid-Up Capital 5.598,800.00 Reserve and Undivided
Porâts
..2,983,261.50
Head Office:-HONG KONG, No. 10 Des Voeur Road, Central.
Board of Directors
SIR SHOPSON Chow, Chairman Lá Koon Chan, Eaŋ. Li Lan Sang, Eag P. K. Kwok, Esq., Wong Cha Sony Bisq. Wong Jun Tong, Seq. Fung Fing Wah Esq. Chan Ching Shok, Esq,
16, PINE STREET,
NEW YORK. An American Bank offering com- Li 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
Wover U.S.$2,900,000,000.
D. L. BALLANTYNE,,.
Kan Tong Po, Esq., Chief Manager
Tax Foso, Esq., Manager
Branches and Agencies:--
Fena.cz Singapore Доклавать
Koelcom
Loudon *Hangdon
Hww.tow
Melbourne Ban Fran. Sydney Naguaska
Bemarang Shangkal
· Kontakti
SORTEE
Every description of Banking and Exchange business transacted. Losas granted on approved securities.
Current Accounts opened in Local Manager, | Currency and Fixed Deposits re ceived for one year or shorter periods in Local and Foreign Cur- rencies on terms which will be quoted on application.
Ajob?
WANT ADS
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Passengers
TO-
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
And TIENTSIN
KOBE and OSAKA
BINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers borth alongside the Roosevelt Terminal in the French Concession at Shanghai, where pengers and cargo are landed.
For further particulars
please apply tom.
JARDINE MATHESON&Co.,LTD. TELEPHONE 3O3IL • GENERAL MANAGERS
SAVE EXPOSIT 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.UU (BRANCHES ALL OVER CHINA) Owing to our numerous Branepes 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 txchange.
Head Office: SHANGHAI
Hong Kong Branch;
4, QUEEN'S ROAD, 0,
⠀⠀ South China Offices:"
CANTON
SWATOW
| SHIUCHOW
KONGMOON. TOISHAN
KINGCHOW
We also handle the issue of Bondi and other Publis Funds of the Chinese Government both at Home and" Abroad.
SHOU THEN
Manager.
231
Owens-linols Glass Co...
463
Amoy
41
Paclac Gas & Elec.....
293
Bangkok
161
Packard Motors
31
Batavia
Johare Rangoon Kobe Saigon Kowloon San
COLUMBO
DELAI
37
Pan-American Airways
144
Bombay
Kuala
Francisco HAMBURG
94
Paramount Pictures
114
Calcutta
Lumpur
Shanghai
9-
Canton
London
Pennsylvania" RR.
231
Singapore
361
Chefoo
Lyons
Sourabaya
Philadelphia Read, Coal
5/32
Colombo
Malacca
Sungei
་ ས་
Phillips Petroleum
372
Dairen
Manila
Patani
181
Public Service of N.J.
29
Foochow
Muar
Swatow
181
Puliman Inc........
271
187
Pure Oll
B
Bankow
237
Radio Corpn. of Am. T
Harbin
44*
Reading Company,
Com
141
37
54*
Remington Arms Co., Inc.
51
Iloilo. Ipoh
Republic Aviation Corp.
41
261
Republic Steel
214
431
Revere Corp.
103
.673
Reynald Tobac. "B"
33*+
41
Sateway Stores
42
29
Schenley Distillers
107
quoted on application.
Sears Roebuck
.757
SAFE DEPOSIT BOXES
241
Shell Union Oll
11*
various sizes to let.
54
38
Socony-Vacunum Oil
91
TRUSTEE and
Bouthern Pacific
103
business undertaken.
194
Southern Rly $5 pfa
23+
174*
Spleer Manufacturing Co.
36*
9
Standard Brands
81
231
Stand Gas & Elec.
1*
214
Standard Oil of Californis
194
177
Standard" Oil of NJ.
341
742
1542
Stone & Webster
77
Studebaker Com
74
91*
Swift International
19
*35*
Technicolor
91*
314*
Texas Corp.
384
31
571
Texes Gulf Sulphur
371
mken-Azle
32
56)
33
Trans-America Co.
41
141.
20th Cent. Fox.
547
Union Bag & Paper Corp.
113
THE CHASE BANK
.347
Union Carbide & Carbon- 671
Union Pacific
812
441
14*
United Aircraft
41
124.
United Airlines Trans
141
14*
United Corpn.
14
14*
United Corpn. $3 cum pt. 273
83***
United Gas Corp.
13/16
191
United Gas Improvement
101
144*
U.B., Industrual Alcohol,
261
271
U.S. Rubber
23
Amoy
Bateri
22
US. Rubber 38 prd.
91
117
US. Smelting
638*
724*
U.S. Steel
67A
50%
Vanadium
314
Bomber
Manila Halgor
Oslostia
Haiphong
Bankow
New York Bottle
Honolulu
Lode
Polping
26
Vultee Aircraft.
7
137
Walworth Co.
51
3+
21
* 1001
42
304*
337
Ginka 377
26
Jan. 24,
H
128.62
20.48
20.35
01.92
Change
.17 up 13 up 92.03 .10 up .18 off 50.55
Business Done:-220,000 shares