On demand
303
(FROM PAYNE & CO.)
1)
On demand
52 1/2
104
SINGAPORE RUBBER
Transfer.
82 1/3
and demand
SPD. T
38 cts.
Buyers 37 cts.
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND
EXCHANGE
CLOSING · QUOTATIONS
JANUARY 25, 1940
On London-
||
Telegraphic
Transfer.
13:18)
Bank Bills, on demand 13,78| Credits 4 months' sight 1,3 5,32
On Shanghal
On Singapore:-
On Japan:-
On demand
On India:-
Telegraphic
PAYNE & CO.
COMMODITY BROKERS
STOCK EXCHANGE BUILDING HONGKONG
COMMODITY MARKET REVIEW
New York, January 24. Previous January 24 Closing Opening Closing Change .Buyers
NEW
STOCKS
Adams Express
YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
Last Sale
JAN. 25, 1940 STOCKS
Jan, 24
3
Kennecott Copper
Last Sale
Jan. 34 381
Sterling
Alleghany Steel Co.
21
Lakey Foundry & Mac. .....
37*
Allied Stores
81
Libbey-Owens-Ford
Glass - 501
Reserve Liability of
Proprietors i
$20,000,000
Allis Chalmers
38
Lockheed Aircraft
293
Aluminium Ltd,
105
Loew's Inc.
351
Head Office:-HONG KONG
Amer. Con
115
Mack Truck Inc.
251
American Cyanamid B. Amer. & Foreign Power Amer Foreign $7 pf. American Gas & Elec. Amer. Locomotive ..... Amer. Metals Co.
3+
Martin. Glen L
381
11
McKesson & Robbins, pri 181*
251
Monsanto Chemical
105
371
Montgomery Ward
52
Roard of Directors: Hon. Mr. Shields,
H. V. Wilkinson, Esq.,
*191*
National Aviation
128
233
On New York:-
On Batavia-
On demand
On Paris:
APRIL-JUNE
36-1/4
35-1/4
37 cts. 35-1/4
off 1 ct. off 1 ct.
Nat, Dairy Products
163
Amer. Radiator
10:
Nat, Distillers
24
J. K. Bousfield, E., A. H. Compton, Esq.
Amer. Rolling Mill
16
Bank Bills, on demand 24 9/18 Credits, 60 days sight 25 3/16
| JULY-SEPT.
35-1/4
34-1/4 34-3/8
of 7/8
National Gypsum
Eon. Mr. S. H. Dodwell,
111
Amer, Sting and Ring Co.
48)
D. F. Lahdale, Esq...
National Lead
The market was steady. LONDON RUBBER
197
FRIDAY, JANUARY 26, 1940.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION.
Authorised Capital $50,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, isas Reserve Funds:
Paid-Up Capital £8,500,000 Reserve Fund H.K. Currency Reserve $10,000,000 Reserve Liability of Pro-
prietors.....
Chairman.
Deputy Chairman.
G. Miskin, Esq.,
£3,000,000
£3,000,000
...£3,000,00
HEAD OFFICE: LONDON:
38, Bishopsgate E.C.2 Sub-Agencies In London: 117/192, Leadenhall Street, E.Qa West End Branch: 14/16, Cockspur Street, S.W.1. Manchester Branch: be, Mosley Street, Manchester,
AGENCIES AND BRANCHES: ALOR STAR' - HARBIN AMRITSAR
PENANG HONG KONG KANOOON ILOILO
BANGIOX
BAIGON
Previous close Today's close
Amer. Sugar Refining
181
Nat, Power & Light
87
K. S. Morrison, Esq.,
BATAVIA
IPOR
SEREMBAN
45 3/4
Buyer
"Buyer
Change
Amer. Tel, & Tel.
171
National Steel Corp.
661
Hon. Mr. T. E. Pearce,
BOMBAY
SPOT
Bank Bills, on demand 1985 Credits 4 months' sight 1140
APRIL-JUNE
12 pence 11-13/18
11-13/16
of 3/15
Amer. Tobacco “B”
881
National Supply Corp.
91
C. C. Roberts, Esq.,
JULY-SEPT,
On Saigon
On demand
On Manlia-
On demand
On Bangkok:--
108 1/4
On demand
On Sterling Notes:-
Bank Buying Rate
40 1/8
150 1/4
1/3 3/4
Bar Silver per öz.
99
NEW YORK COTTON March
¡May
July
"
July (New contract) October December ( January Spot
..... 9.05/05
"
May
July
May July September
Tuesday's sales:-18,905,000 bushels, CHICAGO CORN
May
Market Report
FROM ROZA BROS. Silver prices were unchanged
off 3/16 Market dull and easier in the absence of support. NEW YORK COTION: Better domestic political news attracted heavy short-covering. We think July position eventually 10.75,
NEW YORK RUBBER: Increased dealer offerings developed on advances.
CHICAGO WHEAT: Market quiet but steady. Market news is. without any feature and, in the absence of pressure, prices slowly edged up.
NEW YORK STOCKS: 147,00; Change, up 1.51.
NEW YORK COMMODITY MARKET
yesterday, the quota dons remain- ing at 22 for both Ready and For- ward. Silver advices reported. a quiet market with very little basi New York Cotton, Mar.
American Silver was quoted New York Rubber, Mar." Chicago Wheat, May ... at 34.3/4 for Spot
The London-New York cross-rate Chicago Corn, May was quoted at 402.1/2. New York-New York Hides, Mar,
ness.
London was quoted at 398.5/8.
Market
Quiet, the tone was easter than yesterday.
Sterling Bome business was reported at 1/2.15/16 for Cash and also 1/2. 29/32 March. The market closed at 1 p.m. with sellers at 1/2.29/32 January/February and 1/2.7/8 April, buyers at 1/2.15/16 Cash.
U.S. Dollars
There were sellers at 24.3/4 pos- afbly. for Cash and 24,11/18 Feb- rary, buyers 24.13/16 and 24.3/4 February.
Shanghai Dollars
Volume (in contract of 100 bales each) 303,100 bales. First Notice Day for March Cotton-27/2-Last Notice NEW YORK RUBBER March
Cash September
December
At the opening there were sellers at 317 for Spot. Towards the dose at I p.m. there were seller for Spot at 3151/2, buyers at 316.1/2.
Shanghal Market Sellers for Spo, Sterling 4.43/64
and U.S. Dollars 7.3/4.
Total sales for the day:-1,450 toms."
CHICAGO WHEAT
First Notice Day for March Rubber-28/2-Last Trading Day-27/3
Eagle Picher Lead
11-1/2
11-5/8 11-5/8
af 3/16.
Amer. Waterworks
101
New York Central
167
Sir Vandeleur M. Grayburn,
Anaconda Copper
274
Niagara Hudson Power
51 "
1
Atchison, T. & S. Te.....
231
N. American Aviation
Auburn Motors
North American Co,
213
Baltimore & Ohio
54
Northern Paciác
83
Amoy
Branches: Ipoh
CALOUTTA
AGENCIES: XODE CLLY START
Chief Manager. A PLACE KUALA
CANTON
DAWNPORE KUCHING
KARACHI KLANG
SHANGHAI
SINGAPORD
SITIAWAN •
SOURABATA
LUMPUR
TAIPING
TIENTSIA
CEDU
MADRAS
Barber Asphalt Co. Barnsdall Ol Bendix Aviation
141*
Owens-linois Glass. Co,
631
Bangkok Johore
121
Batavia Kobe
Penang Rangoon Saigon
COLOMAO DELAL
MANILA
TONGKĄS
(Bhuket)
MBDAN
Pacific Gas & Elec
338
HAIPHONG
291
Pacific Lighting"
491
Bombay Kowloon
San
HAMBURG
NEW FORK PRIPING
TЯINOTAC YOKOHAMA
+37
Calcutta
Kuala
Bethlehem Steel Bliss & Co. .......
74
Packard Motors
3
Canton
Lumpur Shanghai
13
Paramount Pictures
72
- Cheföo
London
Singapore
Previous close, 145.49; Today's close,
Boeing Airplane Co.
241
Pennsylvania R.R
222
Colombo
Borg-Warner
242
Phelps-Dodge
363
Bridgeport Brass Corp.
117
Phillips Petroleum
401
Briggs Mfg.
-201
Pittsburg Coke & Iron
Brooklyn-M'hattan Trans.
16
Public Service of NJ,
40%
(REUTER'S SERVICE)
Brooklyn-Manhattan $8....
641
Pullman Inc.
287
་་
Prev. Today's High Low Close Close Change 10.74 10.55 10.50 10.72
22 up 18.74 18.55 18.65 18.70 1001 982 991 1001
574 571 571 571 i up 14.06 13.72 13.90 14.03b 13 up
Canadian Pacific R'way
St
Pure Otl
81
Case, J.L
721
Radio Corpn. of Am.............
51
Celanese
28
Reading Company.
Com
151+
קט 105
Chesapeake & Ohio
401
Reading Company, 1st pfd
25*
up
Chrysler Corpa,
841
Remington Arms Co., Inc.
47*
Climax-Molybdenum Co.
377
Republic Aviation Corp.".
61
Colts Patent Fire-Arms
81.
Republic Steel
20
Close 10.50/51
Opening
Closing
Change
Columbia Gas & Elec.
Revere Cop. & Brass Inc.
121
10.81/81
10.72/72
*22 up
Columbia 6% "A" pf.
88*
Reynold Tobac. ("B"
4031
10.21/22
. 10.34/33
10.46/47
.26 up
Commercial Credit Co.
47
Richfeld Ou
71
9.77/62
.9.19/93
10.12/14
.35 up
Com, & Southern (Ord.).
31
Bafeway Stores
48
9.96/95
10.06/07
10.32 N
.37 up
Consolidated Edison
311
Schenley Distillers
121
9.11/13
9.28/27
9.49/49
.38 up
Consolidated O
Bears Roebuck
9.18/18
8.42/42
קע 37.
Continental Can
421
Shell Union Ofi
111
8.99 N
9.17/17
9.41/41
.42 up
Continental Ou
241
Socany-Vacunum Of
10:67. N
10.89 N
22 up
Copperweld Steel
16
Southern Pacific
137
Corn Products
631
Day-15/3
Bouthern Rly $5 pfd.
31
| Curtiss Wright (C.)
101
Sperry
.441
Curtis Wright "A"
29
18:85/86
"18.30/40 -
18.55/57 18.25/25
18,25/25
18.15/15
18.00b
17.90b/98a
18.70/70 18.35/40 $218.20/20"
18.02b/05a 17.95 B
.05 up
Spicer Manufacturing Co.
31
Deere & Co.
204
.05 up
Standard Brands
15
of
Distillers Corpn. Seagrams
19
Stand Gas & Elec.
11
Douglas Aircraft ........
$21
.02 up
Standard Oll of California
251
.05. up
Du Pont de Nemours
1813
Standard Oil of N.J.
447
104
Stone & Webster
11
Eaton Mig. Co.
312
Studebaker Com.
91
Elec. Autolite
384
Swift International
12
BANK OF EAST ASIA,
991/991
992/100
100/1001
up
Elec. Bond & Share
7
Technicalor
142
961/961 907/97
977/873
1
up
Elec. Band & Share $5 pf.
58 *
Texas Corpn.
*
974/971
1. up
Elec. Bind & Share $6 pf.
601
Texes Gulf Sulphur
347
Elec. Power & Light #7 pf. - 327
Timken-Axle
221
Fisk. Rubber
148
Drans-America Co.
571/574 574/571
Profita
578/573
i up
flatkote
191
AFTERNOON MARKET
20th Cent. FOX.
$2
1,693,232.01
The market was quiet
in the
July September
574/571
571/571
tup
Gen. American Trans. .......
523
20th Cent. Fox, $13 p.
577/577
*381/581
up
Gen. Electric
391
afternoon.
Union Carbide "& Carbon
81
WINNIPEG WHEAT
Sterling
Gen: Motors
531
May
881/861
36/88
"-861/361
+ up
8676
877b
June
13.90/90 14.18/18
34-3/4
41
Shanghai Dollars
Calcutta, Jan. 24 (Reuter).
Fan, Hi Jan. 19
Notes in circulation
(indig Notes held in the Bank
E
Rupee Coln and Bul--
London
New York
Japan
0/4-1/2
lion in Irrola Gold Coin and Bu-
lion in India Securities
6,208
4.154
(British
There were sellers at 1/2.29/32 July
January/February, probably March September
and 1/27/8 April/May buyers at NEW YORK HIDES
1/215/16 Cash and 1/2.29/32.April, | March
D.S. Dollars
There were sellers a; 24.11/10 New York, Official February, buyers at 24.13/18 Cash NY-London Cross Rate 3.97-1/4 and 243/4 February.
Sellers at the close were quoted RESERVE BANK OF SILVER MARKËT
at 317 and probably buyers at 318 INDIA STATEMENT
for Spot.
Shanghal Market Sterling opened with sellers at 411/18 for Spot and was a shade easier at the close with sellers at 4.43/64 for 8pot.
Shanghai Exchange
Shanghai, Jan, 25 (Reuter),
Oficial TT. Rates
LONDON SILVER
Hercules Powder Co, Homestake Mining London, Jan 24 (Reuter).
International Harvester Silver-Very small general bust-int Nickel ness. Market very quiet. In the Int. Tel & Tel afternoon, the market was dull, Johns Manville with small offerings at 1/16 under.
ing Department)... 25.234 25,159 but buyers were absent.
Gen. Rallway Signal
181
Union Pacific
94
United Aircraft
473
873/671 881/881
up
Gen. Tire & Rubber
21+
United Airlines Trans
154
up
Glidden Co.
18
United Corpn.
Li Koon Uhon, Esq.
Li Lan Sang, Zag.
(Goodrich (BF)
18
14.00/05
14.03b/05a
13 up
Unted Corpn đã cửn Đỉ.
3ày
2.K. Kwok, Bag,
14.27723
14.29/29
11
Goodrich $5 pl.
634
United Gas Corpn.
up
34-3/4
| Goodyear Tire & Co.
221
United Gas Improvement
15:
3.98-5/8
Great Northern Iron Ore ..
14
UB., Industrual Alcohol.
23
Great Northern Rly, pid,
25
U.S. Rubber...
373
Great Western Sugar
271*
US. Rubber s8 pfd.
1101
Greyhound Corpn.
164
US. Steel
501
Choos
891
Vanadium
311
Bombay
51
Walworth Co.
54
-Haiphongt
59%
Warrier Bros, Pict.
324
30%
Westinghouse Elec.
1084
Komobil Robe
41
Woodward Iron Cor.
229
734
Laughim Steel 37 pfd. 58
Chase National Bank National City Bank
Spot, 224,
•--bid,
6,132
Forward, 224....
1-ex. div. DOW JONES AVERAGE
Current Accouts apened in Local
SWATOW
4,154
NEW YORK SILVER New York, Jan. 24 (Reuter). 'Süver, Ufcial, 34-3/4.
1030
High
Law Dow Jones Avoragas, 156.09 121.41 30′′ Industále
Jan. 93, 145,48
7-3/8
Government)
3,834 3,834
81-1/4
Securities (Indian
India
1-7/
Governinent) ....... 10,750 10,750 Market Quiet,
Paris Hangkong
Spot
Jan.
Feb.
Spot
Jan,
3.80
BOMBAY SILVER Bombay, Jap. 24 (Reuter),
Offtake l Indian Mint Sver
35.90 24.14 10 Rail
3028
27.70.-20.70 Utilit
$5.00
Jan. 25, 1940. High Low Close 147.11 140.71 147.00 31.96 30.45 30,93 95.95 94.95 26.18
Changa 1.51 up 67 up
+18 mp
72.29. 84.51 40 Bonda
89.25
65.67 48.59 11 Commodity Index 69.86
80.41 50.96 Business Done 710,000 shares
.18 up
60 up
家
SAT DEPOSIT Boxes To Isz.
sad Abound.
KAN TONG PO
fhief Manager.
Francisco HANKOW
Lyons Soursbays
Dairen Malacca Sungai Foochow Manila
Patani
Haiphong Muar Swatow Hamburg (Johore) Tientsin Bankow Mukden
Tokyo Harbin New York Tsingtao Iloilo Peiping Tokohama
(Peking)
FOREIGN EXCHANGI and General Banking Business transacted.
CURRENT Accouers opened and FIXED DEPOSITS received for One Year or shorter periods in Local or Other Currencies at raten which will be quoted on application.
SAVINGS ACCOUrs also opened in Local Currency and Sterling with interest allowed at rates obtainable
"
CURRENT ACCOUNTS opened in LOCAL CURRENCY and FIXED DEPOSIT on application. received for one year or shorter The Bank's Head Office in London periods in Logat and other Cur-undertakes Executor and Trustes rencies on terms which will be business, and claims recovery of quoted on application.
British Income Tax overpaid, on
ALSO up to date Sara DEPOSIT terms which may be ascertained at Boxes in various sizes To Lar any of the Agencies and Branches. Hong Kong, 11th January, 1940
R. A. CAMIDGE,
Manager.
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the HONGKONG.
SHANGHAI BANKING COR PORATION. Rules may be obtain ed on spplication,
For the HONGKONG & SHANGHAI
-BANKING COMPONATION,
E. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1939.
LIMITED
Anthorised Capital.....$10,000,000.00 |
Paid Up Capital
Reserve and Undivided
:,528,000.00
Head Office:-HONG KONG No. 10 Des Voeux Boad, Central.
Board of Directors:
Bir Bhonzon Chow, Chairman
Wong Chu Bou, Baqe Wong Xun Tong, Esq. Kan Ting Fo, ag, Chan Ching Shok, Kos, Fang Ping Wah
Kan Tong Po, Esq., Chief Managwe. -Li Tas Fong, Rig, Manager.
Batavis
Branches and Agencies :-)
Corros Pesang Blagapore London Bangoon Hourabaya
dalgon
Bwstow JENIDOKERS FIES-
yany
Xew York Beattie VANCOUVER Semarang Shanghal
Poping
Every description of Banking and Exchange business transacted. Losas
granted on approved securities.
f
THE CHASE BANK
18, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PIN STEKET,
NEW YORK. An American Bank offering com- plete Foreign Banking Service in the principal Markets of the world. Interest Bates on Application.
SAFE DEPOSIT BOXES
This Book is entirely owned by THE CHABE NATIONAL BANK, NEW YORK, with Besources of over 18. $1,000,000,000.
D. M. BIGGAR,
Second Vice Pres
BANK OF CHINA
Specialty Chartered ky
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 Branches in China and connections in the principal Commercial Dentina 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 Offices:
LANTON
Currency and Fized Deposits SHIUCHOW
caived for one year or shorter
-KONGMOON
TOISHAN KINGCHOW
periods in Local and Foreign' Cur- We also handle the issue of Bonds
rencies "on, terms which will be and other Public Funds of the quoted on application.
Chinees Government both at Home
تر
SHOU J. CHEN,
Manager.
30+178
Calenta Exchange
Ready
Seller's
Calcutta, Jan. 24 (Reuter).
Feb. 3 Settlement
TT, on Japan, 79-1/2.
Mar. 4 Settlement
58-04 58 04 58-07
LONDON METALS
Opening Closing 0/4-43/64 0/4-11/18 0/4-43/04 0/4-11/16 0/4-19/32 0/4-39/64 U.S. Dollars
$7-3/4 $7-25/32
7-3/4 7-3/4 7-518
Feb...... 7-19/32
Market:-Uncertain.
Merchant Rates
Sterling, 074-2133
'UB. Dollars, $7-11/16,
Silver Duty Rzło
The Chitral Bank of Unfha's
rate
on. Londomt 20 am.
today was 1/2-1/24.
The Equalisation rate was 16-1/4 [ percent
India Ruped Paper
Bombay, Jap. 24 (Reuter).. Clowernment 31% Rupee, #0-0-0 FYMZIETINĖ)."
THE BEN LINESTEAMERS,
LIMITED.
FOR LONDON and LEITH
-For Freight
to the Agent i
4 York Belding.
'R. LOXLEY & CO., (CHINA) LTD.
34165
EXCHANGE
London, Jan. 24 (Reuter).
TİN :
DITERA -sellers
Standard, Cash 232-3/4 233 Standard.
3 montts 232-3/4 233 Standard,
Set'ment Price 232-3/4 Straite
258
L
STOCK EXCHANGE LONDON, Jan. 25 Reuter-On the stock Exchange, gilt-edged and Home Balls were again actively
bought, prices
sharply
Katirs were initially dull and later improved Industrials at- tracted morning attention:"and Wall Breet was leterly,
LONDON GOLD
London,
Bar Gold, Fing per
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Pazhongers
TO-
SWATOW, SHANGHAL THINGTAU, CHEFOO
and TIENTSIN:
KOHE and OSAKA
SINGAFØRE, PENAKO
BANDAKAN
mors Barth
HAIPHONG
the Bodmereft Terminm the French Concession at Shoghi, where posingers and cargo are landsc
picsar app
And CA
SONG CO. LTD.
ANAGERS
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