NEW YORK,, Jan. 28, 1941.
Prev. "Today's
High LOW
10.41 10,38
19.46 19,36
851 84+
63. 62
12.98 12.92
13.00 12.93N
of unch. 07 of
Close 10.40/40 10.43/43.
Opening
Closing
Change
Adams Express
10.40/40
10.38/38
.02 Off
Alleghany Steel Co...
10.41741
10.41/41
.02 of
Allis Chalmers
103-5/16July
10.34/34
10.33/38.
10.30, N
.04 Off
Aumilum Ltd.
Defence Loan, 3%
-101-1/4
October
9,83 N
Canton-K’loon Rly. 5%
13
December
9.63/93
9.88/86 9.81a
9.80/80
.08 off
Amer. Can
9.78 N
07 of
American Cyanamid B.
January (1942) Spot
9.78 N
9.822
10.93
9.71 N 10.87
.07 off .11 off
Amer. & Foreign Power.....
Amer
& Foreign $7 pf.
Amer. Locomotive
42 to 47
Amer. Metais Co................
Amer. Radiator
Amer. Rolling Mil
}
Amer. S'ting and Ring Co.
19.42/42
19.32b/50a
19.36/37
.00 off
Amer. Sugar Reining
May
19.306/3401
34
July (New contract)
19.22b/243
19.25b/40a 19.32b
19,25/28
.05. off
Amer. Tel, & Tel.....
19.18 N
.04 off
Amer. Tobacco "B"
September (
19.155
19.25/25
19,15b
unch.
Amer. Waterworks
Anaconda Copper
10
Total sales:-160 tons.
Atchison, T. & 8, Fe.
Loan
47
CHICAGO WHEAT
Aviation Corp.
16
May
851/858
858/85
July
798/79,
781/781
841/843 781/781
2 of
Baldwin Lecometiva
off
Baltimore & Ohio
15
September
791/791
79779
1 off
Barber Asphalt Co.
Hukuang Rly. 5%, 1911
Barnsdall On
Saturday's sales:-5,698,000 bushels,
(German Issue)
Bendix Aviation
13
CHICAGO CORN
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
LONDON STOCK EXCHANGE
(REUTER'S' SERVICE)
London, Jan. 27. .
The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and no responsibility is assumed for erTO in transmission.
War Loan, 34% (Red,
after 1052)
Chinese 41% Gold Lan
1898 (Brit. Issue)
Chinese 5% Gold Bonds,
1925/4F
Chin. 41% Anglo-French ·
Loan, 1908
Chinese 5% Crisp Loan.
1912
Chinese 5% Reorg, Loan,
1913 (Ldn. Is.)
Chinese 8% Ster. Notes,
1925 (Vickers)
Chin. Imperlai Rly, 5%
Honan Rly, 5%
Hukuang Rly 5%. 1911..
(L.P. N/Y Issue)
44
45
# 9 7 8 7 2 2 1 2
£.
#
NEW YORK COMMODITY MARKET (REUTER'S.SERVICE)
New York Cotton, March New York Rubber, March Chicago Wheat, May Chicago Corn, May New York Hides, March NEW YORK COTTON March May
Close Close Change 10.40 10.38 .02 off 19.42 19.36 .00 off
351 841 63 63.
Total sales Saturday:--26,400 bales.
The first notice day for March cotton is 25/2/41 and last day is 14/3/41. NEW YORK RUBBER March
NEW YORK STOCK EXCHANGE
STOCKS
QUOTATION
(REUTER'S SERVICE)”
JANUARY 28, 1941.
WEDNESDAY, JANUARY 29, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital... 830,000,000 ↑
INDIA, AUSTRALIA "AND CHINA
Issued & Fully Paid-Up 890,000,000 ncorporated by Royal Charter, 1868 -
Reserve Funds:
Paid-Up Capital £6,500,000 Reserve Fund
10,000,000 Reserve Liability of Pro prietors.....
Sterling.....
H.K. Currency Reserve
| Reserve Liability of
Proprietors
$20,000,000
£3,000,000 ........£3,000,000
.................£3,000,000
HEAD OFFICE: LONDON:
35, Bishopsgate E.C.9. Sub-Agencles In London: 117/122, Leadenhall Street, E.C.a West End Branch: 14/16, Cockspur Street, S. WI Manchester Bräheb: 52, Mosley Streat, Manabester, 1
AGENCIES AND BRANCHES:
ALOR STAR
AMRITSAR
BANGKOK
BATAVIA
HONG KONG PINANG
ILOILO
IPOH
KABAOHI
KLANG
RANGOON
SAIGON
SKRIMBAR
SHANGHAL
BINGAPORE
SITIAWAN
K. S. Morrison, Esq., Hon. Mr. T. E. Pearce,
Hon. Mr. A. L. Shields,
Sir Vandeleur M. Grayburn,
Chief Manager.
BOMBAY
KOSH
CLAVE STOLT EVALA FATE PLACE CANTON
LUMPUR
KUCHING
MADRAS
MANILA
MEDAN
BOURABAYA TAIPING TIENTSIN
TUNGKAH
(Bhuket)
Last Sale
STOCKS
Last Sale
Jan. 27
Jani, 27
Head Office:-HONG KONG
Loew's Inc.
334
231
Loft Incorperated
18
3**
Mack Truck Inc.
31
Board of Directors: Hon. Mr. J. J. Paterson,
73+*
Martin, Glen L.
29
901
McKesson & Robbins, pfd' 264
C. C. Roberta, Esq.,
348
Montgomery Ward
37+
1. Chairman.
Deputy Chairman,
1
M'tain City Copper Co.
3
J. K. Bousfeld, Eng.,
19
National Aviation
91-
A. H. Compton, Esq.,
151
Nat, Dairy Products
13
L. J. Davies, Esq.,
184-National Distillers
224
Hon. Mr. 8. H. Dodwell,
旺
National Lead .....
382
G. Miskiu, Esq.,
15
Nat, Power & Light
61
421
National Supply Corp.
મ
151
New York Central
14*
CALOFTTA
AGENCIES:
1661
Niagara Hudson Power
3
71
N. American Aviation
16
61
North American Co.
181
CAWNPORI
251
Northern Pacific
7+
23
Owens-linois Glass Co.
451
Amoy
44
Pacific Gas & Elec
281
Bangkok
Branches: Johore Rangoon Kobe Saigon
Mar
."
COLOMBO
16
Packard Motors
3
Batavia
Kowloon
SAD.
37
Pan-American Airways....
14
Bombay
Kuala
Francisco
ts
Paramount Pictures
114
Calcutta
Lumpur
Shanghai
9
Pennsylvania R.R
24
Cantoo
London
Singapore
37
Chefoo
Lyons
Sourabaya
Philadelphia Read, Coal
6/32
Calombu Malacos
41
Lung Tsing & U Hai
Bethlehem Steel
854
Sungai
Phillips Petroleum
37+
Rly. 6% 1913
14
May
63/63
83/631
63/63
unch.
Dairen
Manila
Bliss & Co.
18+
Public Service of N.J.
291
Facchow
Muar
Patani Swatow
S'hal-N'King Rly. 5%
16
July
63+/63
634/634
839/634
Sueling Airplane Co.
154
Pullman Inc.......
27
Tientsin-Pukow Rļy. 5%
September
"634/63!
63+/631
Borg-Warner
184
Pure Oil
*
Bankow
Makden Tokyo
(Brit. Stpd.)
15
NEW YORK HIDES
Briggs Mig.
23
Radio Corpa, of-ám,
4
Harbin
New York
Tientsin-Pukow Rly. 5%%%
March
13.00/00
12.98/99
12.93 N
.07 off
Budd M'facturing Corp.
48
Reading Company,
Com
: 14
Iloilo
Peiping
Tsingtao Yokohama
(German Stpd.)
15
Canadian Paclic R'way
33
June
12.68b/72a 12.64b/71a
12.63/69
.05 of
Remington Arms Co., Inc.
54*
Ipoh
Tientsin-Pukow Rly 5%
(Brit, atpd. Supl. Loan) 15 Tientsin-Pukow Rly. 5% (Ger. Stpd. Supl Lean) Jap. 6% Ster. Loan, 1924 Ger 7% Intl. Loan. 1924 Chartered Bank"
Case, J.L
54*
Republic Aviation Corp.
44
Total sales for the day:-17 lots,
Celanese
261
Republic Steel
211
15
NEW YORK COCOA March
Chesapeake & Ohlo
43
Revere Corp.
10
23-1/2 5-1/2 8-3/4
May
4.96 N 5.03 N
4.94b/982 4.98b/5.03a
4.96 N 5.03 N
unch.
Chrysler Corpn. ......
€74.
Reynold Tobac, "B"
334
Columbia Gas & Bloc. Commercial Credit Co.
4+
Safeway Stores
42
291
Schenley Distillers
10元
NEW YORK SUGAR NO. 3:
Com, & Southern (Ord.)
2
Sears Roebuck
75#
HK. S'ha! Bank (Lan
March
2,02b/03a
Reg.)
H.K. & S'hal Bank (Col
Peg)
23
79
May
2.06b/072
2,02b/03a 206b/08a
ünch.
Consolidated Edison Consolidated on
224
Shell Union ofl
111
51
Socony-Vacunum Of
91
TRUSTEE and
85
Volume of business done:-236 lots.
NEW YORK SUGAR NO. 1:
Continental Can
Continental on
Southern Pacific
10
business undertaker.
19
Southern Rly $5 pfd.
241
"Chinese Eng. & Mining
Copperweld Steel
17#
spicer Manufacturing Co. 36
(bearer)
18,
Chosen Corporation
4/-
March May
176151.772 776b/.7710 79480§a .79b/.871a
..76b/.76ja
·.794/,803
.00 off unch
Curtiss Wright (C)
ૐ
Standard Brands .......
1
Curtiss Wright "A"
28+
Haiphong (Johore) Tientsin
Penang
CURRENT ACCOUNTS opened
in Local Currency and FIXED DE- POSITS received for one year or
quoted on application.
NEW YORK
PMPING
(Peking)
YOKOHAMA
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNT opened and FIXED DEPOSIT 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 st rates obtainable on application.
The Bank's Head Office in London
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 terus which may be ascertained at any of the Agencies and Branches.
R. A. CAMIDGE,
Menager.
SAFE DEPOSIT BOXES of various sizes to let.
EXECUTOR
HONGKONG SAVINGS.
BANK
DELHI BAIPHONG
THINGTAL
HAMBURG BANKOW
Stand Gas & Elec,
1
Mercantile Bank of In-
Deere & Co.
dia. £5, "G".
11-1/8
Distillers Corpn. Seagrams
Pekin Syndicate
B'hai Elec. Constr. Co:
B'hai Waterworks "A" Union Insurance
1/6 157- 13-1/2 20
Douglas Aircraft .......
| July
Du Pont de Nemours
Eagle Picher Lead
Eaton Mig, Co.
Gula Kalumpong Rubber Lop, Mid, & Scot., Rly, Great Western Rly.
Elec. Autolite
15/7 14 34-3/4
Elec. Bond & Share
Elec. Bond & Share $5 pr.
National Bank of India
31-1/2
Elec. Bond & Share $6 pf.
B.-A. Tob (heareri
Dunlop Rubber
93/11 34/-
Elec. Power & Light $7 pf.
Fintkote .
Gen. American Trans
Bristol Aeroplane
Imperial Chemical Ind.
Gen. Electric
30/-
United Steel
Woolworths
22/9 55.7%
*
Gen
Motors
Gen. Railway Signal
Marsman Investments
7/6
Western Holdings
10:3
Sub-Nigel
⚫id.
150/6
-ex. dlv.
Meurer)
Bhell
44/0
Goodyear Tire & Co.........
Great Northern Iron Ore .. Great Northern Rly, pfd. Great Western Sugar Greyhound Corpn. Hercules Powder Co
Homestake Mining
Int Nickel
Inter. Paper & Power
Int. Tel. & Tel,
Johnsman
FREE CHINA
Keniecott Copper Libbey-Owens-Ford Glass 37 Lockheed Aircraft
detailed
1940/41
Trans & Trad.
Volume of business done:-unreceived.
NEW YORK COPPER FUTURES
- 11.33b/40a 11.400/50a March
11.41b/47a 11.305/42 NY: Official Silver..... unquoted N.Y., London" Cross Rate 4.03-1/2.
EMPLOYEES'
10/1 CONFERENCE
Increasing Food Production
In order to seek a fundamental
11,435/49a .02 up 11,38b/44a .05 up 34-3/4
OVERSEAS CHINESE
INDUSTRIAL" CORPORATION
An Overseas Chinese Industriai
That the postal authorities petitioned to rescind the order Corporation will be established in forbidding the employment of Kwangtung for the economic de- married women as postal clerks velopment of the province. The "so as to uphold sex equality," capital of the concern has been was one of the resolutions draw axed at $20,000,000, half of which up at the fourth national conven-will be first paid up. tion of the National "Postal Em-
Chinese in the South Sea re
ployees' Association held in Chung-gions and in America will be in king.
Another resolution called upon the postal authoritles to improve transportation facilities and tʊ re- sume accepting parcel posts as a means to increase the postal re- venue. (Central News
vited to invest in this concern.--
Central News).
Officials
Kwangtung
Get Higher Pay
The Kwangtung Provincial Gov-
solution of the food problem, the BARTER SYSTEM IN ernment has ordered the increase
Ministry of Agriculture and Fores ·
try has mapped out a
of the salaries and wages of gov- ernment employees in view of the and comprehensive plan for in- The War Zone Economic Com-high standard of living in the pro-
mission is encouraging the insti- vince.
creasing food production.
The plan has been submitted totution of a barter system between Each civil official will get a¦ the Executive Yuan accompanied provines producing salt and rice range of $20 and each servant $10, hy a request for an appropriation as a measure to regulate the supfo places where $1 will buy less of $9,000,000 to finance its execuj.ply of these staples.
than one municipal catty, of rice. Both Cheklang and Fukien are each civil official will get a raise tion.
Meanwhile, the Ministry has ae- bartering salt for Kiengal rice of $30 and each servant $15:- cided to convene a national agri-Arrangements
have
been com- (Central News), cultural administration conference pleted for exchanging another
in Chungking in March, at which 60,000 bags of Cheklang salt for the food problem and the above-Klangs rice(Central News). mentioned plan will be thoroughly
discussed.
The conference is to be attended by experts in agriculture and forestry as well as officials in the two fields throughout the country.; -(Central News),
Woodcut Exhibition
In Chungking
An exhibition of woodcuts will
Gen. Tire & Rubber
Glidden Co, Goodrich (B.F.)
Goodrich $5 pi.
DOW JONES AVERAGE
Jan 25,
128.96
29.86
20.48
Jan. 28, 1941.
High Low Close 129.47 128.64 129,03 29.79 29.55 29.07 20.50 20.25 · 20,33
Change
Authorised Capital
..07 up
Subscribed Capital ..
0% up
15 off
Paid-up Capilät t Beserve Fund and Best,
Bonds
02.02
Commodity Index] 56.55
92,10 :.08 up 66,40 .16 off Business Done:-360,000 shares
BANKERS:
High Low Dow Jones Averages 162.80 111.54 30 Industrials
Rails 32.07 22.15 20 26.48 18.03 20 Utilities 92.13 83.06 40 64.07 18.47 11
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
he held here in the beginning of Operating Services for Cargo and Passengers
March under, the suspices of the
Association of Chinese Woodcutters. Preparations COTTON OUTPUT in this regard are being made. Co-operative measures have The exhibits will be sold and been worked out jointly by the Re- the proceeds therefrom will be construction Department of the distributed to frontline soldiers as Kansu Provincial Government and comfort funds.(Central News). the Economic Reconstruction Com- mission to increase the cotton output in Kansu province.
KANSU TO INCREASE Anti Aggression
A total of $44,000 has been raised for this purpose and a Cotton In- dustry Promotion Committee will
BRICK TEA FACTORY
IN HUNAN
To meet the increasing demand
be formed. The whole province will of brick tea for export the Hunan be divided into three areas Lung Provincial Government has estab Tung (east Kansu), Lang Nan lished. Brick Tea Factory, which - (south Kansu) and Ho Hai (west is capable of making 1,000 tea
of the Yellow River) for the ex-bricks every day. A total of 80,000 tension of cotton
cases of brick tea will be made for
(Central News).
planting
the current year(Central Newa).
TO-
SWATOW, SHANGHAL, TSİNOTAU, CHER/O
and TIENTSIN
KOBE and OSAKA
SINGAPORE, PENANG and · CALCUTTA SANDAKAN
HAIPHONG
All steamers berth alongsirle the Roosevelt Terminal in the French Concession at Shanghai, where passengers and cargo are landed.
For further particulars
please apply to-
BARDINE MATHESON&Co.,LTD. TELEPHONE. ZOBIE. GENERAL MANAGERS
*1,000,000
£1,500,000
£1,050,000 €1,251,459
The Bank of England and Midland
Bank, Ltd. BRANCHES:
Bangkok Ipoh Bonitay Jattua Calcatta
Colombo
Delhi
Galle
Hongkong
KOMILAD Kanty Kuchi Kota Bharts
Kuala Lipis
Howrah Kuala Lumpur
Kuala Trengganu Madras
Few York.
Penang Напесоп Shanghai
Simula Singapore
HONG KONG BRANCH; Every description of Banking and Exchange
business tranqnoted.
TRUSTEE AND EXECUTORSHIP
UNDERTAKEN
UTREENT ACCOUNTS rpened in Local.Our ranty and FIXED DEPOBLIS roosted in Local OUTER & STEELING on terms that may be ascermined an app Beation.
D. BENSON.
Masa
"What do
you want?
If there is anything you want to buy or sell, try A small Classided advertise- ment in the Hong-
Long Daily Press,
25 word
$1.50, prepaid
for
-3 insertions.
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 Brancats 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
KONG MOON TOISHAN
KINGCHOW
We also handle the issue of Bondu and other Publio Funds of the Chinese Government both at Home [and ́Abroad.
SHOU J. CHEN,
Manager.
214.
Standard Oil of California
191
171.
The Business of the above Bask
Standard Oil of NJ.
347
741
is conducted by the HONGKONG
Stone & Webster
71
1553
Studebaker Com,
73
ཐཏྟཱ
& SHANGHAI BANKING COR. PORATION. Rules may be obtain.
Swift International
137
ed on application.
351
Tehnicolor
9*
314
Texas Corpr
38
33
Texes Gulf Sulphur
37%
56*
Timken-Axle
32
V. M. GRAYBURN,
Chief Manager.
€61
Trans-America · Co.
44
Hong Kong. 8th Feb., 1830.
334
20th Cent, Fox.
14*
Union Bag & Paper Corp.
113
-THE CHASE BANK
544
341
Union Carbide & Carbon
677
Union Pacific
82
447
United Aircraft
40%
141
121
United Airlines Trans
143
United Corpn
1
147
131.
United Corpn. $3 cum pl.
273.
United Gas Corpn.
#
64
United Gas Improvement
10
19
U.S., Industrual Alcohol.
20
15
27층
U.S. Rubber
233
217
US. Rubber $8 pfd.
901"
11!
US. Smelting
631
8. Steel
671
72}
Vanadium
31
504
Vultee Aircraft
7.
201
Walworth Co.
51
131
21.
Warner Bros. Pict.
31
614"
341
254
Westinghouse Elec. Woodward, Iron Cor. Chase National Bank National City Bank
991
30%
BANK OF EAST ASIA, LIMITED
Authorized Capital..............$10,000,000,00
For the HONGKONG &. SHANGHAIРaid-Up Capital
BANZING CORPORATION.
15, QUEEN'S ROAD, CENTRAL
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
This Bank is entirely owned by
CHASE THE
NATIONAL BANE, NEW YORK, with Resources of over U.S.82,900,000,000.
4.
D. L. BALLANTYNE,
Manager,
THE MERCANTILE BANK OF INDIA, LIMITED
Head Office:-15, Gracechurch Street, London, EC.3.
Reserva and Undivided
Parfits
5,898,600,00
..2,983,281,50
Head Office:-HONG KONG
No. 10 Des Voeux Road, Central.
Board of Director.
SIR SHOPSON CHоw, Chairman
Li Koon Chun, Esq. P. K. Kwok, Esq.
Li Lan Song, Esq. Wong Chu Bon, Esq. Wong Jun Tong, Esq. Fung Ping Wah Esq. Chan Ching Shak, Esq,
KAN TONG PO, Esq., Chief Manager Li Tax Fong, Esq., Manager
Batavis Boxabay
Calcutta
Branches and Agencies:
Haiphong
Kaloom
Loudéa
Habile
Malbearne Nagaka
Pinang Singaporu Bangoon Bourabaya
Bwatow
Balgo
San Fran- 8ydney
cisco Tenía
Seattle
Semarang
Stang bal
couver
Every description of Banking and Exchange business transacted. Loans graated 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 OD ferma which will be quoted on application.
SAFE DEPOSIT BOXES TO LET.
KAN TONG.PO,
Chief Manager. "
.,f
Amoy
Hankow Henclata Par Lobe
New York
Felping