1941-01-22 — Page 10

Close

Opening

634 83b 13.00

Closing Change

1off off 12.80b 20 off

STOCKS

Adams Express

10.57

Alleghany Steel Co.

10.36/37

10.33/33

10.34/37

,02 of

Allis Chalmers

10.41/42

10,39/39

10.40/41

.01 of

Aluminium Ltd.

10.31/31

10.28/27.

10.28/28

.03 ott

Amer, Can

9.89/89

9.86/88

9.81/82

.08 off

American Oyanamid B

8.83/83

9.80/80

9.77/77

08 off

Amer. & Foreign Power

9.75b/80a

0.74. N

AmerForeign 37 pt....

Amer. Locomotive

Amer. Metais Co.

Amer. Radjator

On Batavia-

Amer. Rolling Mill

On demand

43 3/4

On Paris:-

Bank Bills, on demand Nom. Credits 4 months' sight Nom.

NEW YORK RUBBER

March May

Amer. Sting and Ring Co.

19.526 19.4in

July (New contract)

19.30/30

19,40b/50 19.35/35 19.30b/44a 19.26/26 10.31/31

On Saigon:- ·

September (..)

19.15n

19.135

.17 of :15 off 19.12b/15a 18 off 19.00/00 .15 off

Amer. Sugar Refining

Amer. Tel. & Tel

Amer. Tobacco "B"

Amer. Waterworks

. On demand

101 1/2-

Anaconda Copper

On Manila:-

Total sales:-360 tons.

CHICAGO WHEAT

Atchison, T. & 8. Fe....

48 3/1

Aviation Corp.

May

361/861

881/883

861/881

off

Baldwin Lecometive

149 1/2 July

81+/813

811/81..

801/801

1 off

Baltimore & Oblo

"On Sterling Notes:-

September

817/811

811/81

† of

PAGE 10-HONGKONG DAILY PRESS

·

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

JANUARY 21, 1941.

On London:-

Telegraphic Transfer. 1/2 7/8 Bank Bills, on demand 1/2 7/8 Credits 4 months' aight

On Shanghai:—

'On demand

On Singapore:-

On demand

On Japan:-

On deraand

On India:—

Telegraphic

and demand

On New York:—

Transfer.

J;

NEW YORK COMMODITY MARKET

(REUTER'S SERVICE)

NEW YORK, Jan. 20, 1941.

New York Cotton, March New York Rubber, March Chicago Wheat, May ................ Chicago Corn, May.... New York. Bides, March

NEW YORK COTTON

480

Spot.......)

52 3/4

March May

102 1/2 July

December

October

821

January (1942)

17

Bank Bills, on demand 23 3/8 Credlis, 60 days' sight 94 1/8-

On demand

On Bangkok

On demand

Prev. Today's

High Low Close Close Change 10:39 10.33 10.36 10.34 .02 off. 19.50 19.30 19.52b 19.35 ,17. of

881 861 881 RS .63+ 63 13,00 12,73

Total sales Saturday:-32,300 bales.

Last Notice Day for January Cotton is January 23, 1941 (Date at Delivery).

NEW YORK STOCK EXCHANGE

QUOTATION

(REUTER'S SERVICE)

Jan. 30

WEDNESDAY, JANUA RY 22, 1941.

BANKS

HONGKONG & SHANGHAI THE CHARTERED." BANK OF

BANKING CORPORATION

Authorised Capital 850,000,000

INDLA, AUSTRALIA

"

AND CHINA

Issued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, 1858

Reserve Funds:

Paid Up Capital .......... £3,000,000 £6,500,000 Reserve Fund

Sterling

H.E. Currency Reserve $10,000,000 Reserve Liability of. Pro- Reserve Liability of

Proprietors

↓

$20,000,000

Head Ofce:-HONG KONG

K. E. Morrison, Esq.,

Hon. Mr. T. E. Pearce,

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

Chief Manager.

Johore Rangoon

Saigon

prietors......

£3,000,000

.£3,000,000

HEAD OFFICE: LONDON:

38, Bishopsgate E.0.2. San-Agencies In London:

117/129, Leadenhall Street, E.Ç.

West End Branch: 14/16, Cockspur Street, 8.W1 Manchester Branch; 52, Mosley Street, Manchester, 1.

AGENCIES AND BRANCHES.

HONG KONG PENANG ILOILO.

ПРОВ KARACHI

MANGIOR

BATAVIA

BOMBAY

CALOUTTA

KLANG

AGENCIES: KOMS:

OLITE SYRET KUALA FAIBLIK PLACE

CANTON

CAWNPORI

CBBQ

COLOMBO DELET

A LUMPUR

KUCHING

MADRLA

MANILA

RAKGOON

BAIGON

SEREMBAN

„SHANGHAI

SINGAPORE

SITIAWAN

ΤΑΥΡΙΝΟ

BOURABAYA

TIENESIN .. TONGKAR

(Bhakes)

TEINOTAU

JANUARY 21, 1941.

Last Sale

STOCKS

Last Sale

Jan, 20

7

Loew's Inc. ........

311

221

Loft Incorperated

P

18

33..

Mack Truck Inc.

307

731

Martin, Glen L..

291

91

McKesson & Robbins, pfd.

254

351

Montgomery Ward

374

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

Chairman. Ca Roberta, Esq.,

Deputy Chairman.

I.

M'tain City Copper Co.

31

J. K. Bousfeld, Esq.;

20

National Aviation

92*

A. H. Compton, Esq.,

151

Nat Dairy Products

138

L. J. Davies, Esq.,

183..

National Distillers

23

Hon. Mr. S. H. Dodwall,

ALOR STAR AMBITSAR

61

National Lead

171

G: Miskin, Esq.,

137

Nat, Power & Light

7

41%

National Supply Corp.

6

151

New York Central

132

1661

Niagara Hudson Power

31

72/

N. American Aviation

164

61

North American Cp.

161

251

Northern Pacific

07

Branches:

221

Owens-linols Glass Co....

45

Amoj

41

Pacific Gas & Elec

28%

Bangkok

Kobe

MEGAN

163

Packard Motors

31

Batavia

Kowloon San

HAIPHONG

NEW YORK

ТОКОНАЖА

4

Pan-American Airways

141

Bombay

Kuala

Francisco HAMBURG

PEIPING

++

Barber Asphalt Co.

g.

Paramount Pictures

11

Bank Buying Rate

Nom.

Saturday's sales:-3,129,000 bushels.

Barnsdall ON

BI

Canton

London

Pennsylvania RR.

231

Singapore

Chafoo

Bar Silver per oz.

83 1/4

Bendix Aviation

38

CHICAGO CORN

Philadelphia Read, Coal

5/32

Bethlehem Steel

834

May

July

.."

September

NEW YORK RIDES

June

| NEW YORK COCOA

being ад

May

►

*

STERLING

May

|

STERLING

was

War Loan, 34% (Red,

after 1952) Defence Loan, 3% Canton-K'loon Rly. 5% Chinese 41% Gold Luan

reported.

1898 (Brit. Issue)

1025/4T

Chin. 41% Anglo-French

Chinese 5% Reorg, Loan

1913 (Ldn. Is.) .. Chinese 8% Ster. Notes.

1925 (Vickarts)

Chin. Imperial Rly, 6%

Loan Honan Rly. 5%

Hukuang, Rly 5%, 1911..

(LP. N/Y Issue) Hukuang Riy, 5%, 1911

(German Issue) Lung Tsing & Rly. 5% 1913 S'hal-N'King Rly. 5% ... 18

Tientsin-Pukow Rly. 5%

(Brit. Stpd.)

| Tientsin-Pukow Rly. 5%

(German Stpd.)

Opening

Tientain-Pukow Rły. 6%;

073-5/16

(Brit. Stpd. Supt. Loan) 15

Market Repor

FROM ROZA BROS.

Tuesday, Jan, 21.

Silver prices were unchanged March yesterday, "the quotations remain ing at 23.1/4 for Ready and 23.- 3/16 for Forward, Silver advices reported the "market

quiet, American Silver was quoted March

at 3434 for Spot.

The London/New York cross- NEW YORK SUGAR NO. 3: rate was quoted at 402.1/2. New March York-London was quoted at 403-May 1/2.

MARKET... Stagnant, No business was re ported

There were sellers at 1/3 Jan- uary/February, buyers at 1/3.1/32 for any delivery.

U. S. DOLLARS Sellers at 23.11/16 for Cash, buyers bidding 23.3/4 for Cash.

SHANGHAT DOLLARS Opened with sellers 4. 435. Bubsequently the rate rose to 436. Later business was arranged at The 435.3/4 435.1/2 and 436. market closed with sellers, at 435.-: 1/2 buyers at 436.1/2.

SHANGHAI MARKET

Opened with sellers of Sterling

Volurhe of bustness done:-38 lots. NEW YORK COPPER FUTURES March July...

11.34/34 unquoted.

N.Y. Official Sliver NY-London Cross Rate 4.03-1/4

LONDON STOCK-

EXCHANGE

(REUTER'S SERVICE)

London, Jan, 20.

at 3.7/16 for Spot. Bubsequently The following quotations are the the rate eased to 3.27/64. Last middle prices at the close of the advices indicated sellers for Spot market in London. All quotations at 3.7/18. U S. Dollars opened are subject to confirmation and no with sellers for Spot at 5.7/16. responsibility is assumed for errors Later the rate eased on to 5.13/32 in transmission. and last advices reported sellers

at 5.7/16 for Spot.

AFTERNOON MARKET

The market was quiet in the afternoon.

No business There were sellers at 1/3 Jan-Chinese 5% Gold Bonds, uary/March, buyers at 1/3.1/32 for any delivery.

U. S. DOLLARS Some business WRS done at 23.3,4 for February and Cash. The market closed with sellers at 23.374 for Cash, buyers at 23.19/13 Cash

SHANGHAI DOLLARS Opened with sellers at 436. To wards the close sellers were quoted at 438.1/2 for Spot, biryers bid ding 441.

..SHANGHAI MARKET Last advices reported sellers of Sterling at 3.27/84 and U. s. Dollars at 5.13/32, both sellers for Spot.

Shanghai Exchange

rl

Shanghai, Jan. 21, (Reuter).

Official T.T. Bates

London

Loan, 1908 Chinese 5% Crisp Loan.

1912

LONDON METALS

EXCHANGE

London, Jan. 20 (Reuter). Tin, Standard, Cash, Middle". Frice, £257-1/2

Tin, Standard, 3 months, Middia Price, 258-5/8.

Market barely steady.

651/631

Phillips Petroleum

38

633/63

63b

off

Dairen

Manila

Bliss & Co.

177

|Public Service of N.J.

284

63/839

Foochew

Muar

Ir 634/634

634/851

6347631 63+/631

off

Boeing Airplane Co.

#184

Pullman Inc.....................................

26

Haiphong

Borg-Warner

18+*

Pure Off

18

Briggs. Mig.

24

Radio Corpn. of Am.

41

Harbin

13.00/00 12.85b13.13 12:80b/82a 12.64b/67a 12,60b/67a 12.48/48

.02 off

Budd M'facturing Corp.

4+

Reading Company, Com

134

18 O

Canadian Pacifc R'way

31

Remington Arms Co., Inc.

53"

Iloilo Ipoh

Case, JI...

54*

Total sales for the day:-87 contracts.

Republic Aviation Corp. ...

4

Celanese

261

Republic Steel

201

Chesapeake & Ohio

431

Revere Corp.

101

5.07 N

א 5.13

5.05b/106.03 N 5.14/14 " 5.09 N

.04 off

Chrysler Corpri

661

Reynold Tebac. "B" .....

34

.04 off

Columbia Gas & Elec.

#

Safeway Stores

433*

Commercial Credit. Co.

201

Schenley Distillers

11

*

"

Com, & Southern (Qrd.)

༣་

quoted on application.

Sears Roebuck

76

2.00b/01a

2.04b/05a

2.00b/02a 2.05b/06a

unch.

Consolidated Edison

221

Shell Union Oll

107

.01 up

Consolidated Ou

54

various sizes to let.

Volume of business done:-175 lots. NEW YORK SUGAR NO. 4: March

Socony-Vacunum on

84

Continental Can

374

TRUSTEE and

Southern Pacific

91

Continental Oil

:198

Southern 'Rly: 35 pfd.

224

business undertaken.

Copperweld Steel

171*

73b/.73fa

.78b/.77a

73/74 77/77

.734b/.74a .761b/.77a

+001 up

Spicer Manufacturing Co.

36

Curtiss Wright (C)

A1

.001 up

Standard Brands

B1

Curtiss Wright “A”

29+

|Stand Gas & Elec.

14

Calcutta Lumpur Shanghai KANKOW

Lyons Sourabaya

Colombo Malacca Sungei

Bankow

Pitani Swntow (Johore) Tientsio Mukden Tokyo New York Tsingtao Peiping Yokohama Penang

CURRENT ACCOUNTS opened

in Looal Currency and Fixed

(Peking)

Fornax Exchange and General Banking Business transacted.

ป

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

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

The Bank's Head Office in London" Deposits received for one year or undertakes Executor and Trustee

shorter periods in Local and Other Currencies on terms which will be British Income Tax overpaid, on. business, and claims recovery of

SAFE DEPOSIT BOXES of terms which may be ascertained at

any of the Agencies and Branches

R.. A. CAMIDGE,

Manager.

EXECUTOR

HONGKONG SAVINGS

BANK.

Deere & Co.

211

Distillers Corpn. Seagrama

Standard Oil of California

191

177

Standard Ol of NJ.

34

The Business of the above Bank

11.396/45a

11.32b/48a 11.25b/40a

Douglas Aircraft

75

11,40b, 45a 11.30b/38a 84-3/4 4.03-1/2

,01 up .04 off

Otone & Webster

Du Pont de Nemours

1572

Studebaker Com.

74

Eagle Picher Lead.

91

Swift International

184

Eaton Mfg. Co.

354

Technicolor

9

Elec. Autolite

30

Texas Corpn.

374

Elec Bond & Share

33

Texes Gulf Sulphur

374

Elec. Bond & Share $5 pf.

57

Timken-Axle ......

323

Elec Bond & Share $6 pt.

65

Trans-America Co.

41

Elec. Power & Light, $7 pt. Flintkote

32

20th Cent: Fox

151

Gen. Ameriean Trans.

Union Bag & Paper Corp.

12*

541

THE CHASE BANK

Union Carbide & Carbon

897

Gen. Electric

34

Union Pacifie

811

Gen. Motors

451

15, QUEEN'S ROAD, CENTRAL

United Aircraft

411

Gen. Railway Signal

14

United Airlines Trans

142

Gen. Tire & Rubber

12

Glidden Co.

141*

United Corpn.

17.

Goodrich (B.F.)

134

United Corp. $3 cum pt.

29

United Gas Corph.....

Ž

Goodrich $5..pf.

644

3

Goodyear Tire & Co.

19

United Gas Improvement

10年

£

Chosen Corporation

41-

Great Northern Iron Ore .

154

U.S., Industrual Alcohol.....

201

U.A. Rubber

221

103-9,18

1017 13.

Mercantile Bank of In-

dia. £5, "G"

11

Great Northern Rly, pfd. Great Western Sugar

271

217

US. Rubber $8 pfd.

87

Interest Rates on Application.

8. Smelting

63

Pekin Syndicate

21-

Greyhound Corpn.

117

U.B. Steel

65

SAFE DEPOSIT BOXES

44

42-47

S'hal Elec. Constr. Co. S'hal Waterworks "A" Union Insurance ...... Gula Kalumpong Rubber 15/7) Lon., Mid. & Scot, Rly. 15

15/-

Hercules Powder Co.

.72

Vanadium

311

Homestake Mining

51

131

Int Nickel

251

Vultee Aircraft

71*

20

Walworth Co

51

Inter. Paper & Power

13

Int. Tel. & Tel.

22

Warner Bros. Pict.

31

Great Western Rly.

Johnsman

81

Westinghouse Elec,

37+

}

46

National Bank of India

31

Kendecott Copper

341

Woodward Iron Cor.

1007 31

D. L. BALLANTYNE,

B.-A. Tob (bearer)

Libbey-Owens-Ford

Glasa

391

95

201

Dunlop Rubber

Lockheed Aircraft

251

Chase National Bank National City Bank

34/8

Bristol Aeroplane

10/6

34

Imperial Chemical Ind 30/71

DOW JONES AVERAGE

United Steel

23/6

10

Woolworths

55/71

1940

Maramal Investmenta

7/8

High

Low Dow Jones Averages

Jan. 18,

47

Western Holdings ".

17,

Sub-Nigel

10/9 155

162.80 111.84 30 Industrials

199.75

Jan. 21, 1941.

High Low Close 129.99 178.76 129.24

32.67 22.16 20 Raila

29.03

29.04 28.78 28.85

Change .61 off .18 'off

Authorised Capital

Subscribed Capital ..

Palding Capital

28.45 83.03 20

Utilities

20.97

20.36 20.08 2015

.12 off

Regerte Fund and Best,

23,000,000

£1,000,000

£1,060,000

€1.254.00

BANK OF EAST ASIA, LIMITED

is conducted by the HONGKONG & SHANGHAI BANKING COB- PORATION. Rules may be obtain.

Authorised Capital...$10,000,000.00 ed on application.

For the HongKong & Shanghai Paid-Up Capital... 4,598,600.00

BANKING CORPORATION. "..] Beserve and Undivided

V. M. GRAYBURN,

Ports

..2,983,281.50 Chief Manager. Hong Kong. 25th Feb., 1939.

HEAD OFFICE:

18, PINE STREET,

NEW YORK. An American Bank offering com- plete Foreign Banking Service in the principal Markets of the world..

This Bank is entirely owned by THE CHASE NATIONAL BANK, New Your, with Resources of over U.8/$2,500,000,000.

Manager,

THE MERCANTILE BANK OF INDIA, LIMITED

-

Head offco:-15, Gracechurch Street. London, E63

Head Office:--HONG KONG No. 70 Des Voeux Road, Central.

Board of Director.

BIR SEQUION CHow, Chairman

Li Koon Chun, Esq,

Li Las Sang, Esq. Wong Chua Son, Esq. Fong Ping Wah Esq."

P. K. Kwok, Esq. Wang Yan Toug, Eaq. Chan Ching Sho Kan Tong Po, Esq, Chief Manager Li Tes Foxa, Esq, Manager

Amos Detaria Bombar

Branches and Agencies:

Korloos Ревала

Latidos

Manila

Singapore

Bangoan Bondsbays, Bairon

Bwalow

aloo Tintin

Melbourne San Fran. Bydney

Yeomans

New York Healtio

Pazie

Palpizz

Shanghai

CORVUS

Every description of Banking and Exchange business transacted. Loans granted on approved securities.

Current Accounts opened in Local Currency and Fixed Deposita re- ceived for one year of shorter perioda in Local and Foreign Cur rencies on terms which will be quoted on application.

SAFE LEPOSIT BOXES TO LIT.

KAN TONG PO,

Chief Manager.

Calcutta Haiphong BADKAM

HasGlul Kobe

Semarang

is

3hell

Trans

*

Trad.

92.13 83.06 40

<earer)

bid.

40/3

$4.07 48.47 11

-ex, div.

13

HOJ

"14

**

15

15

New York

5-1/4

Tientsin-Pukow Rly. 5%

Japan

22-1/4

(Ger, Stpd. Supl, Loan)

15

TO-

India

18-3/8

Jap. 5% Ster. Loan, 1924 224-451

Parts

Hongkong

nominal 22

Ger, 7% Intl, Loan, 1924–53

Chartered Bank

鼹

Sterkog

Bellera

HK. & S'hai Bank (LaD.

Reg.).....

82

Spot

Opening Closing 0/3-7/16 0/3-27/64.

H.K. Shal Bank (Cal

Reg)

85

Jan.

0/3-7/16 0/3-13/32

Feb.

0/3-13/32 .0/2-25/64 .

Chinese Eng. & Mining

(bearer)

16/3

J

U.S. Dollar 1.

Spot

$5-7/18 $5-13/32

5-7/16

5-13/32

5-13/32 5-3/8

India Rupec Paper

Jan. Feb.

Market:-Uncertain.

Silver Duty Rate

The Central Bank of China's rate on London at 10 am today was 1/2-1/24.

The Equalisation rate was 231 per cent.

Bombay, Jan. 20 (Reuter)

·Govt. 91% Rupee, 95-01-0.

Calcutta Exter

Calcutta, Jan, 20 (Reuter)." T.T. on Japan, 81-1/4.

INDO-CHINA

STEAM

NAVIGATION COMPANY LTD.

Operating Services for Cargo and Passengers.

BWATOW, SHANGĦAL TSINGTAU, CHEFOO

and TLENTSIN

KOBE and OSAKA

SINGAPORE, PENANG and CALCUTTA

SANDAKAN

HAIPHONG,

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

For further particulars

please apply to-

JARDINE MATHESON&Co.,LTD. TELEPHONE ZOJIL GENERAL MANAGERS

BANKERS:

The Bank of England and Midland

Bank, Ltd. BRANCHES:

-Howrah

Kunia Trengganu

Kuala Lumpur Blogapore

HONG KONG BRANCH:

Every "description of Banking sod· Exshange ksušnem srananoted.

TRUSTER AND EXECUTORBILT

UNDERTAKEN

CURRENT ACOQUETS opened. In Lot Chu rescy and FIXED DErosită received in Low Cornesc & #TRAGING on terms that may be BROSTÍRIP HO DO spy iloation,

BENSON.

What do

you want?

If there is anything you want to buy or small

well. try.

Classified

advertise

ment in the Hong- kang Daily Press,

25 words $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 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 sad Exchange.

Head Office:SHANGHAI Hong Kong Branch;

14, QUEEN'S ROAD, C.

South China Offic

CANTON

SWATOW SHWUCHOW

KONGMOON TOISHAN

KINGCHOWY

We also handle the issue of Bondu and other Public Funds of the Chinese Government hath at Home. and: Abroad.

SHOUJ CHEN

Manager

Bonds

Commodity Index

01.78 58.98

91.65

.13 of

50.69

.30 off

Business Done:-380,000 shares

Bangkok

Ipob

Bombay

JANDA

Улары

CalentCa

Kuantan

New York

Colombo

Kandy

Dalal

Karachi

Baagron

Galle

Kota Bhern

Shanghai

Hongkong

Kuala Lipis

Simla

Papang