1941-01-23 — Page 12

NEW YORK, Jan. 21 Reuter).

Prev. Today's

High Low

10.36

10.30

19.30 18.95

Close Close Change

10.32 10.34

,02 ott 19.35 19.105 .25 off

861

851

861 85)

off

631 12.93

601

63b

621

od

12.08

12.80 12,78 .02 off

Close

ለኔ

Opening

Closing

Change

Adams Express

.

10.57

10.57

unch.

Alleghany Steel Co.

10.34/37

10.30/20

10,32/32

,02 of

Allis Chalmers ........

10.40/41"

10.37/36

10.33/34

07 of

Aluminium Ltd.

10.28/28

10.23/23

10.19/19

.09 off

Amer. Can

9.81/82 : 9.73/78

9.69/69

.12 oft

American Cyanamid B.

9.7777

9.74 N

9.728/75a9.62/62 9.70 A

.15. off

Amer. & Foreign Power ...

9.56 N

.18 off

Amer & Foreign $7 pr.

amer. Locomotive

Amer, Metals Co.

Amer, Radiator

Amer. Rolling MI

Amer. Sting and Ring Co.

· 19.35/35

July New .contract) .. September (

19,267 26 19.12b/15a

19,00/00

19.30/30 19:15b, 200 19,12 A unquoted

19.10b/11a 10.000/05a 18.925/95a 18,80b

25 off ..26 of 20" of

Amer, Sugar Refining ......

Amer. Tel, & Tel

Amer. Tobacco "B"

,20 off

Amer. Waterworks

Total sales:-920 tons.

Anaconda Copper

On demand

On Manila:

........ 101 1/2

CHICAGO WHEAT

Atchison, T. & S. Fe.

PAGE 10-HONGKONG DAILY PRESS

FINANCE

FOREIGN MARKETS & QUOTATIONS

MONEY AND EXCHANGE

CLOSING QUOTATIONS

JANUARY 29, 1941.

On London:--

Telegraphic Transfer. 1/3 7/3 Bank Bills, on demand 1/2 7,8 Credits 4 months' sight

1

On Shanghai...

On demand

On Singapore:-

On demand

On Japan:-

On demand

On India:--

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

420

Spot

March

32 3/4

May........

July

109 1/2

October

December

82 1/9 January (1942),

Telegraphic Transfer.

and demand

On New York:-

Bank Bills, on demand 23 3/8 Credlis, e0 days' sight 4 1/8

On Batavia

On demand.............. 43 3/4

On Paris:-

Bank Bills on demand Nom. Credits 4 months"right Now.

On Saigon:-

Total sales Monday:-72,900 bales.

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

NEW YORK RUBBER March

May

NEW YORK STOCK EXCHANGE

STOCKS

QUOTATION

(REUTER'S SERVICE)

JANUARY 23, 1941.

National Distillers

National Lead ...

182

THURSDAY, JANUARY 23, 1941.

BANKS

HONGKONG & SHANGHAI|THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital................. $50,000,000

Sterling

INDIA, AUSTRALIA

AND CHINA.

Issued & Fully Paid-Up 820,000,000 Incorporated by Royal Charter, 1853

Reserve Funds:

Paid-Up Capital .............£3,000,000 - £8,600,000 Reserve Fund H.K. Currency Reserva $10,000,000 Resarve Lisfility of Pro- Reserve Liability of

prietors

HEAD OFFICE: LONDON:

Proprietors

$90,000,000

Head Ofce:---HONG KỌNG

Chairman,

Deputy Chairman.

G. Miskin, Esq.,

K. 5. Morrison, Esq.,.

Hon. Mr. T. E. Pearce,

Hon. Mr. A. L. Shields, Bir Vandelenr M. Grayburn,

Chief Manager.

...£3,000,000

£3,000,000

35, Bishopsgate E.C.2. Sub-Agencies In Landon: 117/192, Leadenhall Street, E.C.3

West End Branch: - 14/16, Cockspur Street, S.W 1 Manchester Branch: 52, Mosley Street, Manchester,

AGENCIES AND BRANCHES.

ALOR, STAR AMRITSAR

BANGKOK

BATAVIA

BOMBAY

CALCUTTA

HONG KUNG PINANG

MANGOON ILOILO

KLANG

IPOE

KARACHI

BAIGON

SHERYBAX

SHANGHAZ

SINGAPOR

SITIAWAN

SOURABAYL

БОВЕ

AGENCIES: CLIVE STREET KUALA

FAIBLIA PLACK

CANTON

CAWNPORI

LUMPUR

KUCHING

TAIPING TIENTSIN TONGKAH

(Bhuket)

Last Sale

STOCKS

Last Sale

Jan. 21

Jan. 21

61

Loew's Inc.

32

23

Loft Incorperated

18

33

Mack Truck Inc.

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

734

Martin, Glen L

McKesson & Robbins, pid.

264

O. C. Roberts, Esq.,

341

Montgomery Ward

37

1

M'tain City Copper Co.

3

T. K. Bousfield, Esq.,

194

National Aviation

97

151

Nat: Dairy Products

131

A. H. Compton, Esq., L. J. Davies, Esq.,

181

224

Hon. Mr. S. H. Dodwell,

81

ነ

171

13

Nat, Fower & Light

61

411

National Supply Corp.

5*

151

New York Cential

137

1667

Niagara Hudson Power

$×

72.

N. American Aviation

15%

63

North American Co.

161.

247

Northern Pacific

61

Branches:

MADRAS

23

Owens-Illinois Glass Co.

454

Amoy

On demand

On Bangkok:-

On demand

On Sterling Note:-

Bank Buying Rate

48 3/4

May

861/861)

881/86

854/857

3 off

Aviation Corp.

July

804/801

801/804

*791/80

t off

Baldwin Lecometive

..... 149 1/2

September

811/81

804/801

A off

Baltimore & Ohio

Monday's sales:-8.395,000 bushels.

Barber Asphalt Co.

Now.

CHICAGO CORN

Barnsdall ou

Bar Silver per oz.

23 3/18

May

63b

631/63

623621

off

Bendix Aviation

July

March

Wednesday, Jan. 22.

June

terday for

quotations

for

a

quiet

1/3

MARKET

March 734b/74a .70/b/.779 May

Volume of business dözé:-13 lots. Quiet. U.S. Dollars were, a shade NEW YORK COPPER FUTURES steadier

Market Report

FROM ROZA BROS.

Silver prices dropped 1/16. yes-

Total sales for the day:-118 contracts,

the NEW YORK COCOA', both deliverles,

for March 23.3/16 being

Forward. May

Ready and 23.1/8

Silver advices reported

5.03 N 5.09 N

NEW YORK SUGAR NO. 3: market with a small business done. March American Silver was quoted at May 34.3/4 for "Spot.

The London/New York cross-

Volume of business done:-188 lots

Tale was quoted at 402.1/2. New NEW YORK SUGAR NO: 4: York-London was quoted at 403

September

631/631 631/631 63+/831

621/621

* off

Bethlehem Steel

#21/623

off

Bliss & Co.

NEW YORK HIDES

Boeing Airplane Co.

12.80b/8ža 12.48/48

12.70b/83a 12.45b/50a

12.78/78- 13.45/51

.02 of

Borg-Warner

.03 of

Briggs Mig.

Budd M'facturing Corp.

Canadian Pacific R'way..........

Case, J1...................

5,03/058 5.07b/12a

4.99/99 5.05 N

04 off

Celanese

.04 off

Chesapeake & Ohio

Chrysler Corpn.

2.00b/02 2,05b/06a

2.01b/028 2,05b/064

.01 up unch.

Columbia Gas & Elec.

Commercial Credit Co.

Com, & Southern (Ord.)...

Consolidated Edison

:

Consolidated 011 .............

74b/.750 78b/.77a .02

.78/b/.79ła ,77b/78s

.02

สีส

up

Continental Can

up

Continental Oll

Copperweld Steel

Curtiss Wright (C)

4.

STERLING

March July

34-3/4

SHANGHAI MARKET

advices reported

in transmission.

U.S.

}}

Opening

0/3-5/18

New York

Japan

India

Paris

Hongkong

5:1/4

War Loan. 31% (Red,

after 1952) Defence Loan, 3%....... Canton-Kilcon Ris. 5% Chinese 41% Gold Luan

1898 (Brit. Issue) Chinese 5% Gold Bonds, 1925/47........................

13

44

No business was reported. There N.Y. Official Silver

were sellers at 1/3 January/NY-London Cross Rate 4.03-1/3- March, buyers at 1/3.1/32 Cash

U. S. DOLLARS

Some business was -reported

early in the morning tor. February.

at 23.3/4 LONDON STOCK

At the close there

. were sellers at 23.3/4 Cash/Feb

ruary, buyers at 23.13/16 February, possibly Cash.

SHANGHAI DOLLARS

Opened with sellers at 485.

1/2. Business was arranged at Closed with sellers various rates,

at 436.1/2 for Cash,

Sterling last

Bellers at 3.27/64 for Spot. Dollars at 5.7/18 sellers for Spot.

Shanghai Exchange

Shanghai, Jan. 22 (Reuter).

Official T.T. Rates

London

EXCHANGE

(REUTER'S SERVICE}

London, Jan. 21.

H.K. STOCK EXCHANGE

There was a big increase in the] volume of business done for the short, session today, and with The following quotations are the the exception of Banks and Wat- middle prices at the close of the sons prices in general were alight- market in London. All quotationsly off, with Cements registering are subject to confirmation and no the lowest level at $173.

BUTERS responsibility is assumed for errors

Canton Ins., $210,

Elec, Autolite

Elec Bond & Share

Gen Motors

11.40b/45a 11.30b/38

11.35b/50a 11.25b/40

11.50/50° 11.40b/43a 34-3/4 4.03-1/2

4

.10 up

Curtles Wright "A"

.10 up

Deere & Co.

Distillers Corpn: Seagram's

Douglas Aircraft

Du Pont de Nemours

Eagle Picher Lead ......

Eaton Mfg. Co.

Elec. Bond & Share $5 pf. 55*

Elec. Bond & Share $6 pr.

Elec. Power & Light $7 pf. Flintkote

Gen. American Trans. Gen, Electric

Gen. Railway Signal Gen. Tire & Rubber Glidden Co. ........

Goodrich (BF)

£

Union Ins... $403.

Goodrich $5 pt.

H.K. Fire Ins., $165.

Goodyear Tire & Co.

103-9, 18

1013

Providents, $5.70.

Great Northern Iron Ore

Hotels, $3.55.

Great Northern Rly, pid,

Telephones (Old), $25,25.

42:47

Dairy Farms, $19.

22-1/4

18-3/8 nominal 22

Chin. 41% Anglo-French-

Loan, 1908

Chinese 5% Crisp Loan.

1912

Sterling

Sellers

Opening

Closing

0/3-27/60/3-27/64-

0/3-13/32 0/3-2764 0/3-25/04 0/3-25/64

Chinese 5%%% Reorg, Loan,

1913 (Lda. Is.)

Chinese 8% Ster. Notes,

1925 (Vickers)

ཐྭ 8 ཝཱ བྷཱུ

45

26

34

Realties, $3.75.

Lights X. Rts. $0.30.

Cements, $17.50

Watsona, $11.

Entertainments, $7..

Constructions (Old), $1.60.

SELLERS

HK. Banks, $1,410,

Wharves, $98.

Docks (Old), $18.60.

Lands 4% Debentures, $100,

Realties, $3.95.

Johnsman...

Kenmecott Copper Libbey-Owens-Ford Lockheed Aircraft

Fligh Low Dow Jones Averages

Industrials 152.80 111.84 30

22.15.20 Rails 32.67

Utilities 28.45 18.03 20 02.13 83.06 40

Great Western Sugar

Greyhound Corpn. Hercules Powder Co Homestake Mining Int Nickel

Inter: Paper & Puwer Int. Tel, & Tel,

1940

LONDON METALS

EXCHANGE

Penang

CURRENT ACCOUNTS opened

in Local Currency and FIXED DE-. IPOSITS received for one year or

DEL 1 HAIPHONG

HANKOW

KEDAN

NEW YORK

PLIFING

(Peking)

TEINOTAL

TOKOHAMA

FOREIGN EXCHANGE and Geners) Banking Business transacted.

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

SAVINGS ACCOUNTS also opened in Local Currency and Sterling wish intorest allowed at 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 quoted on application.

SAFE DEPOSIT BOXES of terms which may be ascertained at

jany of the Agencies and, Branches. various sizes to let.

R. A. CAMIDGE,

Manager.

TRUSTEE and.. EXECUTOR business undertaken.

HONGKONG SAVINGS

BANK.

The Business of the above Bank is conducted by the BONGKONG SHANGHAI BANKING COB- PORATION. Rules may be obtain ed on application.

For the HONGKONG & SHANGHAI BANKING CORPORATION.

7. M. GRAYBURN,

Chief Manager. Hong Kong. 25th Feb, 1929.

THE CHASE BANK

13, 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 it world.

Interest Rates on Application,

This Bank is entirely owned by

THE

NATIONAL CHASE

BANK,

NEW YORK, with Resources of

A Job

Manager,

WANT ADS

INDO-CHINA

STEAM NAVIGATION COMPANY LTD.

Operating Bervices for Cargo sad Passengers .

TO-

Spot

Chin. Imperial Rly. 5%

Jan.

Feb.

U.8. DollarS

Loan Honan Rly, 5%

47

Star Ferries, $84.

16

Cements. $18.

Spot

$5-13/32

$5-7/16

Hukuang Rly 5% 1911...

Ropes $8.35,

Jan. Feb

5-13,'32

The

5-3/8 -

Market: Quiet but steady.

Silver Daly Rate

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

The Equalisation rate was. 221 per cent.

India Rupee Paper

Bombay, Jan. 21 (Reuter). Govt. 31% Rupee, 95-0-3.

Calcutta Exchange

5-13/32 5-3/8

(L.P. N/Y Issue)

15

Dairy Farms, $19.50.

Hukuang Rly. 5%, 1911

Watsons, $11.15

(German Issue)

13

Vibro Piling. $7.70.

Lung Tsing

Fial

SALES

64.07 48.47 11

Rly. 5% 1813 ..... $hal-N'King Rly. 5% Mentain-Pukow. Rly. 5%

(Brit. 8tpd.)

.14

H.K. Govt. 31% Loan (1934), 92).

16

H.K. Banks. $1,410.

Providents, $5.70.

15

Trams, $18.45.

flentsin-Pukow Rly. 5%

(German Stpd.) Plentsin-Pnkow Rly. 5%"

(Brit. Stpd. Supl. Loan)

Lights K. Rts., $6.40.

15

Electrics (Old), $40.50,

Cements, $17.00/75,

15

Watsons, $11/11.15.

Tientsin-Pukow Rly. 5%

(Ger. Stpd. Bupl. Loan)

15

Jap. 6% Ster. Loan, 1924

221-251

Calcutta, Jan. 21 (Reuter),

Ger, 7% Intl. Loan, 1924 534 Chartered Bank......... HK. & 8'hal Bank (Idn.

84

T.T. on Japan, 81-1/4,

Reg.) ......

82

H.K. &.Shai Bank (Col

Per)

E5

LONDON SILVER

London, Jan. 21" (Reuter).

SILVER MARKET Chinese Eng. & Mining

Silver Little Jocal selling. Busi-Mercantile Bank of In-

(bearer) Chosen Corporation

18/0

4/-..

ness small. Market very quiet,

dia. £5, "0"

In the afternoon" the market was

Pekin: Syndicate

.........

Spot, 23-3/164.

"quiet with no business,

Forward, 23-1/86,

BOMBAY SILVER

B'hal Elec. Constr. Co.

Bombay, Jan. 21 (Reuter).

S'hal Waterworks "A" ... Union Insurance qu Gala Kalumpong Rubber 15/71 Lon., Mid, & Scot., Rly. 14

111 170 157- 131 20

London, Jan. 21 (Reuter). Bar Gold, Fine per oz, 168/-

Imperial Chemical Ind. 50/1

United steel

237-

For further partionlara

Woolworths ..

55/-

please apply tom

Marzman: Investments

7/8

Ready..

Feb, 21 Settlement.

et-Steady.

Indian Mint Silver

Mar. 25 Bettlement ......

Offtake 50 bars.

Great Western Rly.

36

National Bank of India

31

Western Holding Bub-Nigel

83-05 83-04 62-11

· B.-A, Tob. (bearer)

94/41

3hell Trans

4

Trad.

Dunlop Rubber

34/

Bristol Aeroplane

9/9

(bearer)

bid,

10/3 155

*45/71

-ex. div.

London, Jan. 21 (Reuter),

TID, Standard, Ossh, Middle Price, £257-1/8.-

'Tin, Standard, 3 months, Middle" Price, £257-7/8.

LONDON GOLD

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 Concession at Shanghai, where passengers and cargo are landed.

BANK OF EAST ASIA. LIMITED

Authorised Capital... Paid-Up Capital Reserve and Undivided

Fortits

$10,000,000.00 5,598,800.00

2,983,261.50

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

Board of Director."

SIR SHOP ON CHow, Chairman Li Kvon Chae, Esq. Li Lan Sang, Esq. P. K. Kwok, Esq. Wong Chu Soa, Esq. Wong Inn Tong, Esq. Fang Ping Wah Esq. Chan Ching Shok, Esq.

KAN TONG PO, Esq., Chief Manager. LI TE Foxo, Esa., Manager

Amoy

· Bataria

Branches and Agjencies:--

Kolos Pezsg

Loudon

Manila

singapore

Bangoon Botnsbayl Balgon Bwidow

Melbourne S60 Frmá- Sydnży

Nagamaka

New Tork Beattie

Parli

Pulpica

elsen - Tientsin

Bettidrang

Shanghai

COPTER

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

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

SAFE EXPOSIT 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 $40,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerous Brancac In China and connections in the principal Commercial Centres, of the World, we are able to extend to our Clienta special facilities for Domestic and Foreign Banking not Exchange.

Head Ofoot--SHANGHAI Hong Kong Branch:

4, QUEEN'S ROAD, (0. South China "Oficinas

CANTON

SWATOW

SHTUCHOW

...KONGMOON

TOISHAN

KINGCHOW

We also handle the issue of Bondi. and other Public Funds of the Chinese Government heth at Hom and Abroad.:

SHOU J. CHEN.

Manager,

44

Paclic Gas & Elec

281

Bangkok

Johore Rangoon Kobe

CEB D COLOMBO

MANILA

161

Packard Motors

3

Batavia

Kowloon

Saigon San

37

Pan-American Airways

133

Bombay

Kuala

Francisco HAMBURG

91

Paramount Pictures

Caloutta

Lumpur

Shanghai

11

81

Pennsylvania R.R.

Canton

London

Singapore

244

351

Chefoo

Philadelphia Read, Goal.

Lyons

Sourabaya

5/32*

83

Colombo

Malacca

Sungei

Phups Petroleum

37

Dairen :

Manila

Patani

174

Public Service of NJ,

201

Foochow

Muar

Swatow

163

Pullman Inc...

28

Haiphong (Jobors)

Tientsin

182

Pure Oil

84

Bantow

Mukden

234

Radio Corpn. of Am.

#1

Harbin

New York

4+

Reading Company,

Com

14"

Iloilo

Peiping

Tokyo Tsingtao Yokohama

31

Remington Arms Co., Inc.

57*

Ipob

541

"

Republic Aviation Corp.

#

26

Republic Steel

201

421

Revere Corp.

10

85+

Reynold Tabac, "B"

334

4+

Safeway Stores

42+

29+

Schenley Distillers

107

Sears Roebuck

767

22

Shell Union On

100

54

Socony-Vacunum Oil

18

373

Southern Pacific

191

Bouthern Rly $5 pfd."

227

17

Spicer Manufacturing Co. 357

87

Standard Brands

#

281

Stand Gas & Elec.

1

217

Standard Oil of California

187

177

Standard Ou of NJ.

331

74.

Stone & Webster

72

1541

B1

Studebaker Com

74

Swift International

181

35

Technicolor

82.

304

Texas CorpпL

36

is

Texes Gulf Sulphur

371

Timken-Axle

317

641

Trans-America Co..

44

30%

20th Cent. Fox

19

Union Bag & Paper Corp. · 111⁄2

54

Union Carbide & Carbon

69

341

Union Pacific

811

444

United Aircraft

411

148

United Airlines Trans ......

143

12

United Corpn.

11

14

United Corp. $3 cum pt. 277

134

United Gas Corpn.

}

$42

United Gas Improvement

.10

184

U.S., Industrual Alcohol.

251

15.

US. Rubber

237

278

US. Rubber sa pid.

88

213

US. Smelting

631

114

US, Stee!

651

70+ ..

SAFE DEPOSIT BOXES

་་

Vanadium

31+

Bombay Chlontita Halpboog Backow

Honolulu Kobe

51

Vultee Aircraft

74*

251

137.

Walworth Co.

5

Warner Bros. Pict...

3

21

81

Westinghouse Elec.

100

over U.S.82,900,000,000.

Woodward Iron Cor.

301

D. L. BALLANTYNE,

331

Glaza

391

Chase National Bank

32*

25+

National City Bank

271*

DOW JONES AVERAGE

129.24

28.85

20.15

Jan. 22, 1941. Jan. 20, High Low Close 129.61 127.83 128.20 29.25 .28.75 29.90 20.19 10.00 20.04

Change

1.04 off

.65 -up"

Bonda

91.05

Commodity Index

50.68

91.68 68.28

..11 of .03 up .40 off

Business Done:~680,000 shares

JARDINE MATHESON&Co.,LTD. TELEPHONECZOZILO GENERAL MANAGERS