NEW YORK; Jan. 29, 1941.

Prev. Today's

High Low

10.41 10.31 19.65 19.50

Close Close Change

10.39 10,31 .08 off 19.45

19.61b 16 up

837 821

"61 627 1275 12.65

84 627

8311 off

613

13 off

12,85 12.66

19 of

STOCKS

420

March

Close 10:39/39

Opening

Closing

Change

Adams Express

10.38/38

10.31/31

.08 of

Alleghany Steel Do.

..52 3/4

May

19.39/40 10.38/39

10.33/34

.06 off

Allis Chalmers

July

10.27/28

10.27/27

10:20/20

.0% off

Aluminium Ltd.

.....103 1/2

October

0.79/79

9.79/79

9.68/68

11 OE

Amer. Can

December

Transfer.

1.}82 19

January (1942)

Spot

9.74 N 9.69 N ........ 10.88

9.74b/76a "9.72/72

,9.84/04

.10, off

American Cyanamid B....

9.81/61 10.80

08 oft

Amer. & Foreign Power ...

,08 off

Amer& Foreign $7 pf. ...

Amer, Locomotive

Amer. Metals Co.

Amer. Radiator

On Batavia-

Amer. Rolling Mill

On demand

..... 44

19.46/45

On Parts:-

Bank Bills, on demand Nom. Credits 4 months" sight Nour.

..... 19.37/37 July (New contract) ... 19.26b September ()

19.50b/80a 19.39/39 19.30/30

19.61b/64a .16 up

Amer. 8'ting and R’ing Co.

19.50/50

.13 up

Amer, Sugar Refining

19.40 N

.14 up

Amer. Tel. & Tel

19.20b/23a

19.30 A

19.30 N

.10 up

Amer, Tobacco "B"

On Saigon:-

On demand

102

Ou Manila:

Total sales:-410 tons.

CHICAGO WHEAT

Amer, Waterworks

Anaconda Copper

Atchison, T. & S. Fe.

On demand

47.

May

·84/84)

831/831

On Bangkok:-

July

781/788

78,773

On demand

149 1/2

September

781/781

827/823 771/774 771/773- 11 OT

1 OF 1 0

Aviation Corp.

Baldwin Lecometive

Baltimore & Ohio.

On Sterling Note:--

Barber Asphalt Co.

Bank Buying Ratel

Now.

CHICAGO CORN.;

Barnsdall Ou

Bar Silver per oz

23-3/16

May July

827/627 621/624

617/812

Bendix Aviation

83/63

324/624

621/621

Bethlehem Steel

September

821/02

621/62

O

Bliss & Co.

1

Boeing Airplane Co.

I

NEW YORK HIDES

March June

Borg-Warner

Total sales for the NEW YORK COCOA

12.85/85 12.54/55 day-65 contracta,

12.75/75 12.45/45

12.88/66 12.40742

19 of

Briggs Mig.

.1% off

Budd M'facturing Corp.

Canadian Pacific R'way

Case, JI

1.

York The London-New rate was quoted at 402.1/2. New York-London was quoted at 403- 1/2.

cross-

.5.00/00 5.06 'N NEW YORK SUGAR NO, 3: March May

4.99/99 5.040/08a

4.98 N 5,06 N

.02 ǝf

Celanese

which.

Chesapeake & Ohio

Chrysler Corpn.

Columbia Gas & Elec.

MARKET

Steady

}

rates,

closed The market

SHANGHAI MARKET

with

I

was

:

Loan. 34% (Red. after 1952) Defence Loan, 3% Janton-Kloen Rly. 54 Chinese 4% Gold Loan

1898 (Brit. Issue) ..... Chinese 5% Gold Bonds,

1925/47

Sellers

Loan, 1908

STERLING

There were sellers at 1/3 Jan Bary/April, buyers at 1/31/32 for any delivery.

Some

0

U. S. DOLLARS bustness was arrangeç early in the morning at 23.15/16 fo Spot. The market closed with sellers at 23.15/16 for Cash, buv- ers at 24 for Cash.

SHANGHAI DOLLARS

sellers at

Opened with

437.

Business was arranged at various

sellers at 441 for Sout

Easter: Sterling opened with

LONDON STOCK EXCHANGE

(REUTER'S SERVICE)

London, Jan. 29. The following quotations are the advices indicated sellers at 3.25/84 middle prices at the close of the

sellers at 3.25/64 for Spot.

Last

for Spot. US Dollars opened with sellers at 5.7/16 and

closed with sellers at 5.13:32 for Spot.

AFTERNOON MARKET

market in London. All quotations are subject to confirmation" and no responsibility is assamed for errors In transmission.

The market was quiet in the War afternoon and

business Do reported.

STERLING There were seilers at 1/3 Jan ulary/April, buyers at 1/3.1/32 tor Cash.

U. S. DOLLARS

at 23.15/16 for Cash, Chin. 44% Anglo-French

buyers at 24 for Cash.

|RESERVE BANK OF INDIA STATEMENT

Calcutta, Jan. 29 (Reuter).

Jan. 17 Jan. 24

2.026/03a 2.07b/05a Volume of business done::-111 lots. NEW YORK SUGAR NO. 4: March May

wwwwww..com

1.99b/2.00a .03 of 2.04b/05a

Commercial Credit Co.

.03 off

Com, & Southern (Ord.)

Consolidated Edison

Consolidated Oll

.741b/.75a .73b/.76a ..78b/.784a78b Volume of business done:-42 lots, NEW YORK COPPER FUTURES March. July

.731b/.74ja. 761b/.7718

.10 021

Continental Can

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

JANUARY 30, 1941,

On London!--

Telegraphic Transfer. 1/8 7/8 Bank Bills, an demand 1/8 7/8 Credits 4 months sight

On Shanghai---

On demand

On Singapore:--

NEW YORK COMMODITY MARKET

(REUTER'S SERVICE) ·

New York Cotton, March New York Aubber, March. Chicago Wheat, May Chicago Corn, May ...... New York Hides, March

NEW YORK COTTON

On demand

On Japan:-

On demand

On India:

Telegraphic

anc. demand

On New York:-

Bank Bills, on demand 23 1/2 Crediis, 60 days sight 24 1/4

Total sales Tuesday:-48,500 bales.

The first notice day for March Cotton is 25/3/41 and last day is 14/3/41.

NEW YORK RUBBER

March May

Tuesday's sales:-8,250,000 bushels.

Market Repor

FROM ROZA BROS.

Thursday, Jan. 30: Stiver prices were unchanged yesterday, the quotations remain. ing at 23.1/4 fod Ready and 23.3/16 for Forward

American March Silver was quoted at 34.3/4 for May Spot.

*

NEW YORK STOCK EXCHANGE

QUOTATION

(REUTER'S SERVICE)

JANUARY 30, 1941.

19

FRIDAY, JANUARY 31, 1941.

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital 850,000,000

INDIA, MUISTRI LA

AND CHINA

Issued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, 185a

Reserve Funds:

Paid-Up Capital £6,500,000 Reserve Fund

Sterling

£3,000,000

.£3,000,000

£3,000,000

H.K. Currency Reserve $10,000,000 Reserve Liability of Pre- Reserve Liability of

prietors......

HEAD OFFICE: LONDON

Hoo. Mr. A. L Shields. Sir Vandeleur M. Grayburn,

Chief Manager.

38. Bishopsgatė E.C.2 Soo-Agencies In London: 117/12, Leadenhall Street, E.C.a. West End Branch: 14/18, Cockspur Street, S.W1 Manchester, Branch:

52, Mosley Street, Manchester,

ALOR STAR

AGENCIES AND BRANCHES

HONG KONG PENANG (torta

IPOH

AMBITHAR

BANGKOK

BOMBAY

CALCUTTA

AGENCIES

CLAVE START FAILLIE PLACE CANTON

DAWNPORN CIB T COLOMBO

Rangoon Saigon DELHI

HAIPHOND

Francisco HAMBURG

Patani

Mukden Tokyo

Penang

Tsingtao Yokobama

CURRENT ACCOUNTS opened

KARACHI

KLANG

EOBE KUALA

LUMPUR

KUCHING

MADEAS MANILA

MEDAN

NEW YORK PIPING

{Peking}

BANGOU

BALOON

SKREMBAN

SEANOBA

SINGAPOEN

SITIAWAN

BOURABAYA

TAIPING

TIENTBIN

TONGKAH

TSINGTAL

(Bhuket)

YOKOHAMA

FOREIGN EXCHANGE and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.

SAYINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates obtainable on application.

The Bank's Head Office in London

Jia Local Currency and FIXED DE- 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, oo quoted on application.

SAFE DEPOSIT BOXES of terms which may be ascertained at various sizes to let

any of the Agencies, and Branches. TRUSTEE

R. A. CAMIDGE,

Manager.

14

Proprietors...

......$90,000,OGU |

Last Sale

STOCKS

Last Sale

Jan, 20

Jan, 29

Head Ofce:-HONG KONG

01

Loew's Inc.

931

221

Loft Incorperated

17

327

Mack Truck Inc.

29

Board of Directors: Hon. Mr. J. J. Paterson,

73*

Martin, Glen L. ......

891

McKesson & Robbins, pid

25

W. H. Lock, Esq.,

331

Montgomery Ward

361

Chairman.

Deputy Chairman,

1

M'tain City Copper Co..

3

J. K. Bousfeld, Esq.,

178

National Aviation

$1

A. H. Compton, Esq.,

14)

Nat, Dairy Products

131

L. J. Davies, Esq.,

181

National Distillers"

221

Hon. Mr. S. H. Dodwell,

61"

National Lead

164

G. Miskin, Esq.,

141

Nat. Fower & Light...

63

K. B. Morrison, Esq.,

BATAY LA

41

Hon. Mr. T. E. Pearce,

National Supply Corp:.....

6

143

New York Cenual

131

1651

Niagara Hudson Power

3

714

N. American Aviation

151

North American Co.

16

25

Northern Pacific

6

Branches:

217

Owens-Hlinois Glass Co. ...

45++

Amoy

Johore

44

| Pacific, Gas & Elec

281-

Bangkok

Kobe

10

Packard Motors

3

Batavia

Κοπίρου

San

37

Pan-American Airways

131

Bombay

Kuala

Calcutta

91

Lumpur

Shanghai HANKOW

Paramount Pictures

11

Canton

London

81

Singapore

Pennsylvania R.R.

221

Chefoo

Lyons

38

Sourabaya

Philadelphia Read, Coal

5/32+

Colombo

Malacca

Sungei

82)

Phillips Petroleum

37

Dairen

Manila

178

Public Service of N.J,

281

Foochow

Muar

164

Pullman Inc........

251

Haiphong (Johors)

Su atow Tieuten

177

Pure Oll

it

Asokow

22+

Radio Corpn, of Am,

41

Harbin

New York

Reading Company, Com

14

34

Remington Arms Co., Inc.

*5**

Iloilo Ipoh

Peiping

54

Republic Aviation Corp. ...

41

251

Republic Steel

198

42

Revere Corp.

91.

654

Reynold Tobac, "B"

331

44

Safeway Stores

41

287

11/16

Schenley Distillers.....

104

Sears Roebuck

73

221

Shell Union Oil

10

51

Socony-Vacunum. Oil

9

and."

EXECUTOR

371

Southern Pacifc

91

business undertaken.

.01+ off

Continental Oil

18

Southern Rly $5 pia.

231

Copperweld Steel...

161

Curtiss Wright (C.)

Curtiss Wright "A"

11.48b/55a 11.456/55a 11.40b/45a. 11.400/48% 11,355/482. 11.35/35 NY. Official Süver

34-3/4

34-3/4 NY-London Cross Rate 4.03-1/2

4.03-1/2

.08. of

Deere & Co. .................

.05 01

Distillers Corpn. Seagrams

Douglas Aircraft ...

Du Pont de Nemcurs

Eagle Picher Lead-

Eaton Mfg. Co.

Elec. Autolite

Elec Bond & Share

Elec.. Bond & Share $5 pi.

Elec. Bond & Share $6 pf.

Elec. Power & Light $7 pf Flintkote

£

Notes In circulation (including Notes held in the Bank- ing Department)... 25,954 - 26,018 Rupee Coln and Bul-

lion in India Gold Coin and Bul-

lion in India Securities (Indian

Gen. Amerizzo Trans.

7 Electric

Gen Motors

Gen. Rallway Signal

Gen. Tire & Rubber

Government

103-7/16

101-1/4

Securities

3,001

4.441

...... 4,960 (British

3,066

Glidden Co.

Goodrich (B.F.)

4,441

Goodrich $5 pt.

Goodyear Tire & Co.

4,960

Great Northern Iron Ore

Government)

13,550 13,550

Great Northern Rly, pfd.

13

Great Western Sugar

(Figures in Lakhs of Rupees)

Greyhound Corpn.

44

Hercules Powder Co

42 to 47

45

'SHANGHAI DOLLARS

Chinese 5% Crisp Lean

Tin,

442

SHANGHAI MARKET

1912 Chinese 5% Reorg, Loan,

20 "

Price, £256-5/8.

Sterling at 325/64 and U.S.

Dollars at 5.13/32, both sellers for Chinese 8% Ster. Notes, Spot,

Shanghai Exchange

Shanghai, Jan. 30 (Reuter).

Official T.T. Rates

1913 1Ldn. Is.)

34

Price. £258-5/8.

LONDON METALS

EXCHANGE

London, Jan. 29 (Reuter).

Standard. Cash,

Tin. Standard, 3 months. Middie

Libbey-Owens-Ford Lockheed Aircraft

Homestake Mining

Int Nickel

Inter. Paper & Power Int. Tel. & Tel.

Middle

Johnsman

Kenmecntt. Copper

Market Easy,

1925 (Vickers)

10

Chin. Imperial Rly 5%

Loan

47

Honan Rly. 5%

16

Hukuang Rly 5%, 1911..

(LP. N/Y Issue)

15

Aukuang Rly. 5%. 1911

Opening..

German Issue)

13

London

New York

Japan

India

Paris

Hongkong

Spot

Jan

Feb.

...Sterling

Opening Closing 0/3-27/84 0/3-25/84 -0/3-27/64 0/3-25/84 073-25/04 0/3-23/64 U.8. Dolları

Spot

Jan.

Feb.

$5-7/16 $5-13/32 5-7/16 5-13/32 5-3/8 5-3/8

0/3-5/16

Lung Taing & U

Hai

5-1/4

Ely. 5% 1913

14

22-1/4

S'hal-N'King Rly. 5%

18-3/8

nominal 22

Tientsin-Pukow Rly. 5%

(Brit. Stpd.)

15

Tientsin-Pukow Riy. 5%

(Cerman Stpd.)

15

Market:-Quiet

Bellers

Silver Duty Rate

The Central Bank of China's

rate on London at 10 a.m. today was 1/2-1/20.

The Equalisation rate was 22-3/4 per cent.

Calcutta Exchange,

Calcutta, Jan, 29 (Regter). T.T. on apan. 81-1/4.

LONDON GOLD

London, Jan; 29(Reuter). Bar Gold, Fine per oz., 168/2

Tientsin-Pukow, Rly. 5%

(Brit, Stpd. Supl Loan) 15 Tientsin-Pukow Rly. 5% (Ger, Stpd, Supì, Loan)

15

231

Jap. 0% Ster, Loan, 1924 Ger. 7% Intl. Loan. 1924, 5-1/2 Chartered Bank.

HK & Obai Bank Lớn

Reg.J

HK. & Bhai Bank (Col.

Reg)

Chinese Eng. & Mining

(bearer)

Chosen Corporation .. Mercantile Bank of In-

dia. :£5, "G" Pekin Syndicate

བསྐ འཆུམeg ཚེ

8-3/4

70

LONDON STOCK EXCHANGE

LONDON, Jan. 30 (Reuter) - The Stock Exchange yesterday was generally quiet and irregular. Gilt- edged drifted down slightly after carly Armness but closed steady. Industrials encountered som Provincial selling and Home Ralls tended to be easier. Olls were firm and there was further specu lative enquiry for European Bonds.

notably Belgian four per cent.

Wall Street was irregular

SILVER MARKET

London, Jan. 29 (Reuter),

LONDON SILVER SilverMarket quiet and tea- tureless. Business small. In the afternoon, the market was quiet with no business.

Spot, 23-3/16d.

Forward, 23-3/16d.

18/-

.4/-

11-1/8

1/6 15/-

Bristol Aeroplane

10/11

Imperial Chemical Ind. 30/-

13-1/2

United Steel

20

Woolworths

Marsman Investments

56/3 7/0

28/3

Western Holdings Hub-Nigel

10/3

150/0

34/3

hell Trans & Trad.

(bearer)

•ble

44/8

-ex. div.

S'hal Hec. Constr. Co, S'hal Waterworks ""A" Union Insurance. Gule Kalumpong Rubber 15/73 Lop, Mid, &. Scot.. Rly, 137. Great Western Rly...... 34-3/4 National Bank of India 31-1/2 B.-A. Tod (bearer)

93/9 Dunlop Rubber

DOW JONES AVERAGE

1840/41 High Low Dow Jones Averages LER.80 111.564 30 Industriala

Raila 32.87 22.15 20 28.43 18.03 20 Utilities 92.13 83.08 40 Bonds 64.07 48.47 11 Commodity Index

Jan. 30, 1941,

High Low Close

127.93 126.78 128.00

261*

Change

2,60 off

HONGKONG SAVINGS

BANK

The Business of the above Bank 's 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., 1639.

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 NATIONAL BANK, New York, with Resources of

THE

D. L. BALLANTYNE,

Manager,

A job?

INDO-CHINA

STEAM NAVIGATION COMPANY LT

Operating Services for Cargo and Passengers

TO-

SWATOW, SHANGHAI, TSINGTAU, CHEFOO

and TIENTSIN

KOBE and OSAKA

SINGAPORE, . PENANG and CALCUTTA

SANDAKAN

HAIPHONG

All steamers berth alongside the Roosevelt Terminal in the. French Couczasion at Shanghai, where passengers and cargo are landed.

For further particulars

please apply to

JARDINE MATHESON&Co.,LTD. TELEPHONE ZOZIL GENERAL MANAGERS E

BANK OF EAST ASIA, LIMITED

Authorised Capital......:9.000.000.00 Paid Up Capital.......... 5,599,800,00 Reserve and Undivided

Porats......

...2,983.261.50

Head Office:-HONG KONG No. 10 Des Voeux Road, Central,

Board of Director.

W

SIR SHOPSON Crow, Chairman Li Koon Chan, Eeg. Li Lan Sang, Eng. P. K. Kwok, Eaq, Wong Cha Son, Esq. Wong In Teng, Esq. Fung Ping Wah Esq. Chan Ching Shak, Esq.

KAN TONG Po, Esq., Chief Manager LI TE FONG, Eso, Manager

Caloalia

Branches and Agencies:

Koʻrlook POILER

Loudon

Manila Melbourne Nagamaica Now York Paris

Polping

Halgun

Siaga peru Langdon Bourabaya

BRAZOW Bou Fran- Bydney too Tiental

Featur

Semarang Shanghai

"

Pourer

Every description of Banking and Exchange business transected. Loa granted on approved securities.

Current Accounts opened in Locsi Currency and Fixed Deposits re ceived for one year or shorter periods in Local and Foreign Cur

encies on terms which will be quoted on application.

SAPE LEPOSIT 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. (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 one Clienta special facilities for Domestic and Foreign Ranking and Exchange.

Head Office:--BHANGHAI Hong Kong Branch:

4, QUEEN'S "BROAD, 0. South China Offices:

ANTON SWATOW SHIUCHOW..

KONGMOON TOISHAN

KINGCHOW

We also handle the issue of Bondu ad otber Public Funds of the Chines Government both at Home and Abras

$500 J. CHEN

Manager,

Spicer Manufacturing Co

35

81

Siandard Brands

61

277

Stand Gas & Elec.

14

201

Standard Oil of California

19

17

Standard, O of NJ.

340

711

Stone & Webster

7

152

Studebaker Com.

78

91

Swift International

18/

35

Technicolor

87

30%

Texas Corpn.

37

32

Texes Gulf Sulphur

37%

55+

Timken-Axle

304

64

Trans-America Co.

41

31.

20th Cent. Fox.

84

13#

Union Bag & Paper Corp.

11t

THE CHASE BANK

531

Union Carbide & Carbon

67#

331

Union Pacific

801

431

United Aircraft .......

384

14

United Airlines Trans

142

12

United Corpn.

12

1211

United Corpn. $3 cum pf.

261

13}

United Gas Corpn.

2

62*..

United Gas Improvement

94

18

U.S., Industrual Alcohol.

25

U.S. Rubber

211

261

US. Rubber 58 pfd.

DO

Amoj

BAIRO

Barbar

213

11

U.S. Smelting

U.S. Steel

71.

Vanadium

30

501

251

Vultee Aircraft

មិនន

621

641

Helptong

Bankow donolulu

Love

Walworth Co.

51

124

21*

Warner Bros. Pict.

34

Westinghouse Elec.

96

over U.S.82,800,000,000.

583

33

Glass 364

24+

Woodward Iron Cor. Chase National Bank National City Bank

30

311

Ji

Jan. 28,

128.80

29.48

, 29.26 28.71 28.79

.78 off

20.24

20.94 19.88 19.94

.30 of

$2.19

56.33

91.86 65.82

,33 off

.51 off

Business Done: 800,000 shares

WANT ADS

P

.

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