415
On demand
52. 3/4
On Japan:-
SPOT
On demand
1/12 1/2
JANUARY
On India:-
FEBRUARY
Telegraphic Transfer.!
APRIL-JUNE
82 1/2
and demand........
JULY-SEPT, ...
On New York:-
Previous close Today's close
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
COMMODITY MARKET REVIEW
(FROM PAYNE & CO.)
NEW YORK, Dec. 30, 1940.
CLOSING QUOTATIONS | SINGAPORE RUBBER
JANUARY 6, 1941,
On London
Telegraphic
Transfer. 1/2 7/3
SPOT JAN-MARCH
APRIL-JUNE
The market was dull
Bank Bills, on demand 1/2 7/8 Credits 4 months* sight
On Shanghai-
On demand
On Bingapore:-
Previous Dec. 29
Close Opening Closing Change
buyers buyers
37-3/4 37-3/4 37-3/4
unch.
37-5/8 37-5/8 37-1/3
OF 1/8
36-3/8 36-3/8 | 36-1/4
of 1/8
The market will be closed on Wednesday, January 1, 1941 (New Year's day),
LONDON
RUBBER
NEW
YORK STOCK EXCHANGE
STOCKS
Adams Expres
QUOTATION
(REUTER'S SERVICE)
JANUARY 5, 1940
Last Sale
TUESDAY, JANUARY 7, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital. 850,000,000
INDIA, AUSTRALIA AND CHINA
Issued & Fully Paid-Up #90,000,000 Incorporated by Royal Charter, 1888-
Reserve Funds:
Sterling
£ 6,300,000
STOCKS
Lart Sale
H.E. Currency Reserve $10,000,000 Reserve Liability of "
Proprietors
Paid-Up Capital Rezerve Fund..........
..£3,000,000 .£9,000,000
Reserve Liability of Pro-
prietors
£3,000,000
...*20,000,000
Jan. 4
Jan.
62
Loew's Inc.'........
Head Ofes:-HONG KONG
34
Alleghany Steel Co.
247
|Loft Incorperated
181
Allis Chalmers
M. 37
Mack Truck Inc.
31
buyers
buyers
Change
Aluminium Ltd.
Board of Directors: Hon. Mr. J. J. Paterson,
40
72
Martin, Olen L
30+
12
Amer. Can
91
McKesson & Robbins, pfd. 247.
12
American Oyanamid B
O. C. Roberts, Esq.,
357
Montgomery Ward
381
12-1/8
Unreceived
Amer. & Foreign Power.....
1+
Chairman.
Deputy Chairman,
Mtain City Copper Co.
31
12-1/4
Amer Foreign $7 pf.
161
National Aviation
J. E. Bousfeld, Esq.,.
10
12-1/4
Amer, Locomotive
153
Bank Bills, on demand 23 3/8 Credios, 60 days' sight 24 1/8
On Batavia:-
On demand
O Pariz:--
43 3/4
Bank Bills, on demand Nom.
Credits 4 months' sight Nom.
On Saigon:--
On demand
On Manila:
On demand
......... 46 3/4
On Bangkok:-
On demand
149
On Sterling Notes:-
Bar Silver per oz.
Now. 23 3/18
Bank Buying Rate
The market will be closed on January 1, 1941 (New Year's day); NEW YORK COTTON: The market was arm on price-fixings and on scarcity of contracts.. There is general belief that higher prices are necessary to check persistent holdings.
NEW YORK RUBBER: Steady on the strength of the foreign mar-
kets.
CHICAGO WHEAT: Trading was on
inclines to be slightly bullish.
- a moderate scale. Sentiment
NOTE: "All American markets will remain closed on tomorrow, Jan.
1. 1941 (New Year's day).
NEW YORK STOCKS: Previous close, 130.11; Today's close, 131.04;
Change, up .97.
NEW YORK COMMODITY MARKET
Amer. Radiator
Baltimore & Ohio Barber Asphalt Co. Barnsdall Ou Bendix Aviation Bethlehem Steel
Bliss & Co. h...i
Nat. 'Dairy Products
134
A. H. Compton, Esq.,
Amer, Metals Co.
181
National Distillers
L. J. Davies, Esq.,
23+
7
National Lead
Hon. Mr. 8. H. Dodwell,
HEAD OFFICE: LONDON.
38, Bishopsgate E.C.9. Sub-Agencies In London. 117/192. Leadenhall" Street, E.C.3. West End Branch: 14716, Cockapur Street, S.W: Manchester Branch:
52, Mosley Street, Manchester, 2. AGENCIES AND BRANCHES.
HARBIN
PENANG HONG TU BANG001
ALOR STAR AMBITUAR
171
G. Miskin, Esq.,
Amer. Rolling Mill
151
Nat, Fower & Light
67
K. S. Morrison, Esq.,
Amer. Sting and R'ing Co.
528
National Supply Corp.
62
Hon. Mr. T. E. Pearce,
BANGKOK BATAVIA BOMBAY
ILOILO [POX
BAIGON
BEREMBAN
KARACHI
SHANDEAT
Amer. Sugar Refining
151
New York Cential
141
Amer. Tel, & Tel
163
Niagara Hudson Power
31
p
Amer. Tobacco “B”
734
N. American Aviation
17
Amer. Waterworks
61
North American Co.
161
Anaconda Copper
271
Northern Pacific
61
Branches:
Atchison, T. & S. Fe. Aviation Corp.
181
Owens-linols Glass Co.
474
4
Amoy
Johore
Pacific Gas & Elec
28
Baldwin Lecometive
Bangkok
Kobe
18+
Packard Motors
31
Batavia
Kowloon
Rangoon Saigon Зад
Hon. Mr. A. L Shield, Sir Vandeleur M. Grayburn,
Chief Manager.
CALCUTTA
AGENCIES: CLIVE STEEKT FAZI Prac CANTON CAWNPORI CEBC COLOMBO
KLANG- КОВЕ KUALA
BINGAPOR
SITIAWAN
32
Pan-American Airways
151
Bombay
Kuala
Francisco
10
Paramount Pictures
111
Calcutta Lumpur Shanghai
6
Pennsylvania RR.
221
Canton
341
Philadelphia Read, Coal
Chefoo
871
Phillips Petroleum
407
Colombo
Malacca
20
Public Service of N.J.
28품
Dairen
Manila
NEW YORK, Jan. 4, 1941.
New York Cotton, March New York Rubber, March Chicago Wheat, May Chicago Corn, May New York Hides, March
NEW YORK COTTON
January
Close 10.32 N
March
10.43/43
May
10.38/38
July
October
9.53/59
December Spot
9.55/55
10.43 N
July (New contract)
20.30b. 20.17b/183 .... 20.04/04
19.90€
CHICAGO WHEAT
May July
...... 871/871
811/82
September
828/821
62 b 624b
NEW YORK HIDES March June
Market Repon
FROM ROZA BROS.
Monday, Jan, 5. Silver prices were unchanged over the week-end, the quotations Ready remaining at 23.3/16 for and 23.5/16 for Forward. Amer can Silver was unquoted.
.
The London-New York cross- rate was quoted at 402.1/2. New York-London was quoted at 403 - 3/4.
Quter
MARKET
STERLING
There were sellers at 1/2.31/32 January/March, buyers at 1/3 February, probably Cash.
6. S. DOLLARS
Some business was arranged at 23.11/16 for Cash. The market closed with sellers at 23.5/8 Cash. buyers at 23.3/4 Cash.
for
SHANGHAI DOLLARS Business was arranged at vari ∙ous rates. Closed with sellers at
4241/2
SHANGHAI MARKET Sterling opened with sellers for Spot at 3.1/2 and closed with sellers at 3.17/32 tor Spot. U. S. Dollars opened with sellers for Spot at 5.1/2 and closed at 5.9/16 for Spot.
AFTERNOON MARKET The market was quiet in the afternoon.
STERLING
There were sellers at 1/2.32/32 January/March, buyers at 1/3 February, probably Cash.
"
U. S. DOLLARS
Sellers at 23,5/8 for Cash, buy.
ers at 23.3/4 Cash.
#
SHANGHAI DOLLARS
425.1/2 sellers for pot.
SHANGHAI MARKET
Sterling opened with sellers for Spot at 3.17/32 and closed with sellers at 3.33/64 for Spot. Dollars opened with sellers Spot at 5.9/16 and closed at 5.17
32 sellers for Spot,
Shanghai Exchange
U.S.
for
Shanghai, Jan. 8 (Reuter).
Official T.T. Rates
Total sales Friday:-56.300 bales.
NEW YORK RUBBER January March May
Friday's sales--7.047.000 bushels. CHICAGO CORN
May. July September
13.49b/50a 13.21/21 Total sales for the day-100 contracts. N.Y: Official Süver...... 34-3/4. NY-Londor Cross Rate 4.03-3/4
LONDON STOCK
EXCHANGE
(REUTER'S SERVICE)
HONGKONG
SHAREBROKERS'
ASSOCIATION
Volume of Business Transacted on Monday, Jan. 6, 1941.
London, Jan. 3, The following quotations are the middle prices at the close of the market in London. All quotations China Lights Rts. are subject to confirmation and no responsibility is assumed for errors in transmission.
War Loan. 3. (Red,
after 1052)
Defence Loan, 3%
དྭེ –
Janton-Kloon Rly. 5% 13 Chinese 44% Gold Lan
Kenrecott Copper Lakey Foundry & Mac. Libbey-Owens-Ford Lockheed Aircraft
(REUTER'S SERVICE)
Boeing Airplane Co.
177
Pullman Inc..
Foochow Muar
Sungei
Pataui Swatow
264
Borg-Warner
191
Pure Oil
33
High 10.45
88 871 631 621 13.74 13.58 Opening
unquoted 10.45,45
10.39/40
Prev. Today's Low Close Close Change 10.40 10,43 10.40 .03 off 20.17b 20.14b .03 off
871 873
Up 623 621 tup 13.49b 13.63 .14. up
Closing
Change 10.29 N ..10.40/41 10.36/36
Briggs Mfg.
Bankow
241
Radio Corpn. of Am,
41
Harbin
Budd M'facturing Corp.
5
Reading Company,
Com
132
Iloilo
Canadian Pacific 'R'way...
34
Remington Arms Co., Inc.
6*
[pol
Case, JI
55+
Republic Aviation Corp.
58
Celanese
273
Republic Steel
221
Chesapeake & Ohio
427
Revere Corp.
101
in
Chrysler Corpa.
713
Reynold Tobac. "B"
33+
10.19/19 .10.21/22
-10.19/19
*.03 off .03 DI
.02 off
unch.
Columbia · Gas & Elec.:
Commercial Credit Co.
Com, & Southern (Ord.)
Consolidated Edison Consolidated Of
Continental Can
4
Safeway Stores
291
Schenley Distillers
11,
코
Sears Roebuck
Ty
221
Shell Union Oil
11
57
Sccony-Vacunum - Ofl
01.
39
Southern Pacific
8.
SAFE DEPOSIT BOXES various sizza to let,.
TRUSTEE
and
EXECUTOR
London Singapore Lyons Sourabaya
Haiphong (Jobore) Tientsin
Mukden Tokyo New York Tsingtao Peiping Yokohama
Penang
HAIPHUNG НАМЕСКО HANTOW
NEW YORK
PIPING
. (Peking)
BOURABAYA
TAIPING TIENTS IN
TONGKAR
(Bhuket) TSINGTAC
TOKOHAMA
FORK ON EXCHANGE and Generat Banking Business transacted,
COLLEENT ACcors opened and FIXED Deroars 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 raten obtainable on application.
CURRENT ACCOUNTS opened Local Currency and Fixed
The Bank's Head Office in London Deposits received for one year or undertakes Executor and Trustee shorter periods in Local and Other business, and claims recovery of Currencies Which will be quoted on British Income Tax overneid, on application,
terms which may be ascertained st of any of the Agencies and Branches.
R.. A. CAMIDGE,
Manager.
DELEI
LUMPUR KUCHING MADRAS MANILA
MEDAN
9.60/50
9.59/59
T
Continental Oil
194
Southern Rly 35 pid.
214
business undertaken..
9.58/58
3.56/56 10.41 N
מנ! 01..
Copperweld" Steel
187
Spicer Manufacturing Co. 361*
,02 off
Curtiss Wright (C)
Curtiss Wright "A"
Deere & Co. ........
Distillers Corpn.. Seagrams
deleted
deleted
Douglas Aircraft-
20.15b/252 20.05b/088 19,39/89 .05 off 19.91b/938. 19.80p
20.14b/23a.. .03 off
Du Pont de Nemours
Eagle Picher Lead
.10 off
Eaton Mfg. Co.
Elec, Autolite
871/871
871/874
Elec Bond & Share ..........
up
828/821
821/821
1 up
Elec. Bond & Share $5 pt.
822/822
up
Elec Bond & Share $8 pt.
Elec. Power & Light $7 pf.
Flatkote
Gen. American Trans.
623/621 627/627 623/621
63/631
up
"Gen, Electric
622/523 621b
up.
Gen Motors
1. up
Gen. Rallway Signal
Gen. Tire & Rubber
Glidden. Co.
13.57b/65a 13.29/28 -
13.53/63 13.33b/35a
:14 up
Goodrich (BF)
12 12.
Goodrich $5 pt.
Goodyear Tire & Co.
unquoted 4.03-3/4
Great Northern Iron Ore
Great Northern Rly, pid.
Great Western Sugar
Greyhound Corpn.
Hercules Powder Co.
Homestake Mining
Int Nickel
Inter. Paper & PuTT Int. Tel & Tel.
DOW JONES. AVERAGE
.39 up
HONGKONG SAVINGS
BANK
The Business of the above Bank
is conducted by the HONGKONG | & SHANGHAI BANKING COR PORATION. Rules may be obtain ad on application.
For the HoxGKONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong. 25th Feb., 1982.
BANK OF EAST ASIA, LIMITED
authorised Capital......₺ 10,000,000. JA Paid-Up Capital
5,688,500.00 Beserve and Undivided
Parits
.........2,983,241:50
Head Office:-HONG KONG No. 10. Des Voeux Road, Central,
Board of Director.
SIR SHOPHON Caow, Chairman.
13, QUEEN'S ROAD, CENTRAL Li Koon Chun, Ear.. Li Lan Sang, Esq.
An American Bank offering enc
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
orer U.S.82,900,000,000.
D. M. BIGGAR,
Second Vice Press.
Ajob?
WANT ADS
INDO-CHINA
STEAM NAVIGATION COMPANY LTD.
Operating Services for Cargo and Passengers
SALES
1.000 $ 1.17 1,000
1.17
125 1,17
HK, Docks (0)
$
HK. Docks (N) Dairy Farms
500 18.70 100 298
1040
18.15 .18.85
.103-3/8
Opening
.101
London
0/9-7/16
3,023
New York
5-7/18
The total value is $19,288.55.
Low Dow Jones Averages Fligh 152.80 111.64.30 Industrials
32.67 22.16 20 26.45 18.03 20 01.01 83.06 40 84.07 48.47 11
Jan. 3,
132.01
Railą
29.38
Jan 5, 1941. High Low Close 133.13 182.04 132.40 28.52 28.34 28.40
Change
.04 up
Utilities Bonds
19.90
20.01 10.85 19.90
08 off
Commodity Index
00.76 57.05
90.52 07.18
00 up. 14 up
Business Done:-350,000 shares
Japan
23-1/8
1898 (Brit. Issue
44
India
19
Parls
Hongkong
nominal 22-7/8
Chinese 5% Gold Bonds,
1925/47
42-47
Sterling
Chin. 41% Anglo-French-
Loan, 1908
45
Sellers
Spot
Jan
Feb.
Opening Closing Q/3-1/2 0/3-17/32 0/3-1/2 0/3-17/32 0/3-15/32 0/3-1/2
Chinese 5% Crisp Loan
1912
HK. & Shal Bank (Ldn.
Reg.j HK. & Shal Bank (Col.
75
28
Reg)
82
Chinese 5% Reorg. Loan
Chinese --Eng. & Mining
1913 Ldn, Is.)
34
bearer,
10/3
Chinese 8% Ster. Notes,
Chosen Corporation.
U.S. Dollars
1025 (Vickers)
10
Mercantile Bank of In-
Spot
$5-1/2
$5-9/16
Jan.
5-1/2
5-9/16
Chin. Imperial Rly.,5%
dia, £5, "G"
107
TO
11
Loan
Pekin Syndicate
2/-
Feb.
5-7/18
5-1/2
Market: Qulet, but steady.
Sliver Duty Bate
The Central Bank of China's rate on London at 10 am today was 1/2-1/2d
►
The Equalisation rate was 24 per cent.
NEW GOVERNMENT TAX LOANS LONDON, Jan. 8 (Reuter) The Stock Exchange. Committee formally announced dealings in two new Government Tax Loans. namely, the 2 per cent, National War Bonds 1046/48 and the 3 per cent. Saving Bonds 1955/85.
(Ger, Stpd. Supl. Loan) Jap. 6% Ster. Loan, 1924 31 Ger. 7% Intl Loan, 1824 55 Chartered Bank
3hell Trana
Honan Rly, 5%
16
B'hai Mec. Constr. Co.
15/-
fukuang Rly 5%, 1911...
"(EP. N/Y Issue)
S'hal Waterworks "A"
131
15
Union Insurance
20
Hukuang Rly. 5%, 1811
Gula Kalumpong Rubber 15/7
(German Issue) .......
13
Lon., Mid, & Scot., "Rly. 13-5/8
Lung Taing & U
Hal
Great Western Rly.
321
Rly. 5% 1913 8'hai-N'King Rly. 5% Tientsin-Pukow Rly. 5%.
/Brit. Stpd.) Tientsin-Pukow Rly. 5% (German Stpd.) ................ Tientsin-Pukow Bly, 5%-
(Brit. Stpd. Supl Loan) Tientsin-Pukov Rly. 5%,
15
14
National Bank of India 32
16
B.-A. Tob (bearer}
83/9
the Roosevelt Terminal in
Dunlop Rubber .......
32/9
the French Concession at
16
Bristol Aeroplane
9/0
Imperial Chemical "Ind. 29/101
15
United Steel
Woolworths
....
21/10+ 53/101
15
Maramąż Investments.
7/6
Western-Holdings
Sub-Nigel
9/6. 185
& Trad.
(bearer)
40
S
-bid,
div.
SWATOW, SHANGHAI TSINGTAU, CHEFOO
and TIENTSIN
KOBE and
OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth-alongside
Shanghai, where passengers
and cargo are landed.
For further particulara
-plaase apply to-
JARDINE MATHESON&CO.LTD.
TELEPHONE SOSIL GENERAL MANAGERS.
P. K. Kwok, Esq. Wong Tan Tong, Esq.
Chan Ching Shak, Esq.
Wong Chu Son, Mag.
Fang Ping Wab Esq.
Kix TONG Po, Esq., Chief Manager Li Tea Fona, Esq., Manager
*
Branches and Agencies: -
Kavioon
Loudou
Manila Melbourne
Ysguks
Palping
Penung Singaperu
Kaproon Halgon Swatom
Sourabaya
Ban Fran- Sydney
oko atala Beattie
ConvaT
Semarang
shanghai
Every description of Banking and granted on approved securities. Exchange business transacted. Loadi
Current Accounts opened in Local Currency and Fixed Deposite re- ceived for one year or shorter periods.in Local and Foreign Cur rencien 02 terms which will be quoted on application.
BATE CEPOSIT Boxza To Lat.
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AB AN INTERNATIONAL EXCHANGE
A BANK A PAID-UP CAPITAL $40,000,000.00
...(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:- 4QUEEN'S ROAD, C. South China Offices:
SANTON
SWATOW SHIUCHOW
• KONGMOON
TOISHAN
KINGCHOW
We also handle the issue of Bondu and other Publie Funds of the Chinese Government both at Home and Abroad.
SHOU JHEN
Hanager.
91.
Standard Brands
B1
29
Stand Gas & Elec.
214
Standard Oll of California
20
172
Standard Off of NJ.
354
772
Stone & Webster
7
163
Studebaker Com
78
10%
Swift International
172
341
Technicolor
91
33
Texas Corpn:.
39;
41
Texes Gulf Sulphur
37
541*
Timken-Axle
331
63
Trans-America Co..
5
324
20th Cent. Fox..
7.
143.
Union Bag & Paper Corp.
121
55*
Union Carbide &"Carbon
701
THE CHASE BANK
348
Union Pacific
791
"48
United Aircraft
.434
143*
United Airlines Trans
161
124
United Corpn.
13
131
United Corpn." $3 cum pf.
29
14.
United Gas 'Corpn.
13/16
HEAD OFFICE:
18, PINE STREST,
NEW YORK.
62**
United Gas Improvement
10
194
U.S., Industrual Alcohol ...
: 274
154
U.S. Rubber
22.
264
U.S. Rubber $8, pið,
874
202
U.S. Smelting
83*
119
U.S. Steel
691
70%
Vanadium
34
Amax
Rata vis
Calrotta
Haiphong
Haukow
Honolulu
New York Paris
Kote
51
Vultee Aircraft
87
247
Walworth Co.
51
15
21*
30%
Warner Bros. Pict. Westinghouse Elec.
31
̇103年:
41
Glass 441 277
Woodward tran Cor. Chase National Bank National City Bank
324
334*
281
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