NEW YORK, Jan. 23, 1941.
High Low
10.41 10.38 -19.10 19.10
86 85 631 63
13.12 13.08
On Shanghai:---
On demand
420
On Singapore:--
Spot
On demand ....
52 3/4
March
On Japan:-
| May
On demand
102 1/2
On India-
≫ Telegraphic
Close
10.69
Opening
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
CLOSING QUOTATIONS JANUARY 24, 1941.
On London:-
Telegraphic Transfer, 1/2 7/8 Bank Bills, on demand 1/2 7/8. Credits 4 months' sight
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
ד זי
NEW YORK STOCK EXCHANGE
QUOTATION
(REUTER'S SERVICE)
JANUARY 24, 1941.
Prev. Today's
Close Close Change 10,39 10.41 ,02 up
19.00
.10 up 10.10 85A 85 + up 83 83
i or
13.02b "13.04b
.02% up
STOCKS
Last Sale
STOCKS
Last Sale
Jan. 23
Closing
Change
Jan. 23
Adams Express
67
Loew's Inc.
331
10.85
.18 up
Alleghany Steel Co.
231
Loft Incorperated
13
10.39/40
10.41/41
10.41/41
.02 up
Allis Chalmera
33+
| Mack Truck Inc.
301
Board of Directors: Hon. Mr. J. J. Paterson,
10.42/42
10.44/44
10.43/44
.01 up
Aluminium Ltd.
734
Martin, Glen L.
29
་་
44
On Paris:-,
May
On Salgon:-
On demand
On Manila:-
On demand
102
47
and demand
On New York:-
"
July October December
Transfer. 82 1/2 January (1949)
Bank Bills, on demand 23 1/2 Crediis, 80 days', sight 24 1/4
On Batavia:-
On demand
Bank Bills, on demand Non. Credits 4 months' sight No.
Total sales Wednesday:-60,300 bales.
Last Notice Day for January Cotton" is January 23, 1941 (Date of Delivery).
NEW YORK RUBBER
March
July (New contract) 18.85 N September ( >
...... 18.75 B
Total sales:-270 tons. CHICAGO WHEAT
10.31/31
10.35/35
10.34/34
.03 up
Amer. Gan
903†
McKesson & Robbins, pfd. 28*
Q. C. Roberta, Esq.,
9.87/67
9.92/92
9.91 N
.04 up
American Cyanamid B,
341
Montgomery Ward
371
Chairman.
Deputy Chairman.
0.80/80.
9.67/87
9.86/88
06 up
Amer. Foreign Power
1
M'tain City Copper Co.
34
9.84 N
9.82/82
9.83/83
קט 19
J. K. Bousfield, Esq.,
Amer & Foreign $7 pt.
187
National Aviation
Amer. 'Locomotive
A. H. Compton, Esq.,
151
Nat, Dairy Products
13
L. J. Davies, Esq.
Amer. Metals Co.
18
National Distillers
2.2
Hon. Mr. S. H. Dodwell,
Amer. Radiator
61.
National Lead
17
G. Miskia, Esq.,
Amer. Rolling Mill
144
Nat, Power & Light
7
E. 8. Morrison, Esq.,
Amer. S'ting and Ring Co.
413
19.00/03 18.90/93
National Supply Corp.
51
Hon. Mr. T. E. Pearce,
LI
19.00b
10.10/10 19.036 19.00 19,01/01
18.91/91 18.75b
.10 up
amer. Sugar Refining
15
New York Cential
*14
,11 up
Amer. Tel. & Tel
1663
Niagara Hudson Power
3
18.945/95a
.09 up
Amer. Tobacco "B"
72
N. American Aviatiön
18
18.84/84
.09 up
Amer. Waterworks
North American Co.
161
Anaconda Copper
253
Northern Pacific
78
Branches:
Atchison, T. & S. Fe.
24
Owens-linols Glass Co. ...
40+
Joy.
Johore
On Bangkok:-
May
On demand. 149 1/2 July
On Sterling Notes:-
September
851/851 851/754 791/798 701/791 60/80
85/86
up
791/791
801/803*
995.
Aviation Corp.
44
Pacific Gas & Elec
281
Bangkok
Kobe
isoldwin Lecometive
163
Packard Motors
3
Batavia
Kowloon
up
Baltimore & Ohio
4
up
Pan-American Airways
141
Bombay
Kuala
Francisco
SATURDAY, JANUARY 25, 1941.
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION" "INDIA: AUSTRALIA
AND CHINA
Authorised Capital....... $50,000,000
Issued & Fully Paid-Up 890,000,000 Incorporated by Royal Charter, 1854
Reserve Funds:
Paid-Up Capital £ 6,501,000 Reserve Fund
Sterling
K. Currency Reserve $10,000,0x) | Reserve Liability of Pro- Reserve Liability of
Proprietors
...$20,000,000
Head Office:-HONG KONG
Hon. Mr. A. L Shields, Sir Vandeleur M. Grayburn,
prietors
.£3,000,000
.£3,000,000
£3.000.000
HEAD OFFICE; LONDON.
JS, Bishopsgate F.C.. Sab-Agencies In London:
117/12, Lendenhall Street, E.C.3 West End Branch: 14/16, Cockapur Street, S. WI Manchester Branch: 52, Mosley Street, Manchester, 2.
AGENCIES AND BRANCHES.
HONG KONG PINANG
ILOILO
ХРОН KARACHI
KLANG
AGENCIES: KOSS
SITIAWAN
BANGOON
BAIGON
BEREMBAN
BHANGHAI
SINGAP
BOUZABAYA
LUMPUR
TAIPING
KUCHING
CAWNPORN CEND
TIENTSIN
* MADRAN
TONGEAB
(Bhuket)
TSINGTAO
CLAVE TEST KUALA FAIBLIS PLACE
Chief Manager. CANTON
COLOMBO Rangoon Saigon San
TOKOBANJ
CAR MAL AMRITSAR
BANGKOK
BATAVIA
BOMBAY
CALCUTTA
Barber Asphalt Co.
91*
Faramount Pictures
11.
L'alcutta
Lumpur Shanghai.
Bank Buying Rate
Bar Silver per oz.
Now. 23 3/18
Wednesday's sales:-8,203,000 bushels.
Barnsdall Qu
83
Cantoo
London
Pennsylvania R.R.
237
Singapore
CHICAGO CORN
Bendix Aviation
357
Chefoo
Philadelphia Read. Coal
5/32*
Lyons
Sourabaya
Bethlehem Steel
831
Colombo
Malacca
Sungei
May
July
September
NEW YORK HIDES
March June
MARKET
March May
Dinése 41% Gold Loan
Chin,' 44% Anglo-French
Loan, 1908
Chinese 5% Crisp Lean
1912
Chines 5% Reorg. Loan
1913 Ldn. Is.)
hinese 8% Ster. Notes,
1925 (Vickers)
Chin. Imperial Rly. 5%.
Laar:
Honan Rly, 5%
fukuang Rly 5%, 1011..
(LPN/Y Lasue)
1J
Market Repor
FROM ROZA BROS.
Friday, Jan. 24. Silver prices
unchanged were
the yesterday,
quotations re
Ready maining at 23.3/18 for and 23:1/8 for Forward. Silver advices reported the market as being steady but quiet. American Silver was quoted at 34.3/4 for May Bpot.
NEW YORK SUGAR NO. 3 cross- March
The London/New York rate was quoted at 402.1/2. New May York/London was quoted at 403.| 1/2
Steady.
STERLING
There were sellers at 1/3 Jan uary/April. buyers at 1/3.1/32) Cash.
Volume of business done:-238 lats NEW YORK SUGAR NO. 4:
76+b/.77 .79b/.800
Volume of business done:-35 luts.
NEW YORK COPPER FUTURES
March Júly
U.-S. DOLLARS Steadier. A small business was reported at 23.7/8 for Cash, The N.Y. Official Silver
market closed at 1 pm. with NY-London Cross Rate 4.03-1/2 sellers at 23.13/16 for Cash, small
buyers at 23.7/8 for Cash.
SHANGHAI DOLLARS Opened with sellers at 435. Subsequently the rate receded to 433 and at the close there were sellers at 434, buyers at 435.
SHANGHAI MARKET Sterling
with opened
sellers for Spot at 3.29/64. Last advices reported sellers at 3/7/16 for 8pot U. Dollars opened with sellers at 5.1/2 and last advices reported sellers at 5.15/32 for Spot.
AFTERNOON MÄRKET
The market was quiet in the afternoon.
STERLING
The market closed with sellers at 1/3 January/April, buyers at 1/3.1/32 for Cash.
U. S. DOLLARS
The market closed with sellers
at 23.13 16 for Cash, buyers at 23.7/8 Cash,
SHANGHAI DOLLARS
Sellers at 434.1/2.
J
SHANGHAI MARKET' Sterling at 37/16 and U. 8. Dollars at 5/32, both sellers for Spot,
Shanghai Exchange
Shanghai, Jan, 24 (Reuter).
Official T.T. Rater
Opening
LONDON STOCK EXCHANGE
{REUTER'S SERVICE)
London, Jan. 23. The following quotations are the middle prices at the close of the market in London. All quotations are subject to confirmation and no responsibility is assumed for errors In transmission.
War Loan, 34% (Red.
after 1952)
Defence Loan, 3% Canton-Kloon
1898 (Brit. Issues ...... chinese 5% Gold Bonds,
1925/47
SILVER MARKET
LONDON SILVER
London, Jan, 23 (Reuter). Silver-Little offering was taken
up by speculators. Business small. Market, quiet but steady.
Spot, 23-3/16d. Forward, 23-1/8d.
BOMBAY SILVER Bombay, Jan. 23 (Reuter). Market-Steady.
Ready Feb. 21 Settlement. Mar, 25 Settlement".
LONDON GOLD
831/831
031/631
63+/632
63 631
631/831
631/63 631/631 631/631
i up
Phillips Petroleum
37"
Dairen
Manila
unch.
Bliss Co.
177
Public Service of N.J..
291
Poochow
Muar
Swatow
off
Böelig Airplane Co.
178
Pullman Lac...
281
Llaiphong
(Johor) Tientsin
Borg-Warner
181
Pure Oll
·8
Hankow
Mukden
Tokyo
Briggs Mig.
23+
Radio Corpn. of Am,
4
Liarbin
New York Tsingtao
13.15/22 13.02b/ica 12.67b7702 12.77/80
13.04b/06a 12.74/74
ទន
02
"p
קני 07.
a8
Budd M'facturing Corp.
42
Reading Company,
Com
144
Moilo..
Peiping
Total sales for the day--136 contracts. NEW YORK COCOA
March
Canadian Pacific R'way
Case, J.I
Celanese
31
Remington Arms Co., Inc.
Ipoh
Penang
54*
Republic Aviation Corp.
41
261
Republic Steel
21
Chesapeake & Ohio
43
Revere Corp.
91
4:98 N 5,05 N
4:98b/998 5.05/05
4.95/95 5.02 N
.03 of
Chrysler Corpn.
661
Reynold Tobac. "B"
3377
.03 off
Columbia Gas & mec.
41
Safeway Stores
424
Commercial Credit Co.
291
Schenley Distillera........
11
quoted on application.
Com, & Southern (Ord.)
2,000/01 2.05b06a
2,01b/02a 2,06b/07 a
01 up
Sears Roebuck
75
SAFE
DEPOSIT
Consolidated Edison
224
01 up
Shell Union Oil
101
various sizes to let.
Consolidated Of...
51
Socony-Vacunum Oil
67
Continental Can
374
TRUSTEE and
Southern Pacific
108
Continental on
191
business undertaken.
Southern Rly $5 pid,
231
.754b/76 a .761/761-
0% off .79b/80a 784b/.790.00 off
Copperweld Steel
17
Spicer Manufacturing Co
38"
Curtiss Wright (C.) Curtiss Wright "A" Deere & Co.
84
Standard Brands
· 281
Stand Gas & Elec.
11
Patani
Yokohama
CURRENT ACCOUNTS opened
MANILA
KIDAN
BEW YORK
PRIPING
(Peking!
FOREIGN EXCHANGE and General Banking Business transactad.
CUREENT A000′′ns opened sod FIXED DEPOSIT received for One Year or shorter periods in Local or Other Currencies at rates whicl will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Starling with - interest allowed at rates obtainable on application.
The Bunk's Head Office in London
in Eocal Currency and FIXED DE- POSITS received for one year or undertakes Executor and "Trustee shorter periods in Local and Other
of business, and claims recovery Currencies on terms which will be British Income Tax overpaid, on
of
BOXES
EXECUTOR:
HONGKONG SAVINGS
BANK
terms which may be ascertained at any of the Agencies and Braaches. "
R. A. CAMIDGE,
Manager.
DILUI
HAIPHONG
HAMBURG
HANKOW
211
Standard Oll of California
19
Distillers Corpn. Beagrams
17
Standard Oll of NJ.
344
The Business of the above Bank
11.45b/55a 11.45b/50a 11.38b/48a 11.35b/45a 34-3/4
11.37b/45a .08 off 11.30b/40a .08 off 34-3/4
· 4.03-1/2
Douglas Aircraft
741
Du Pont de Nemcurs
1547
Stone & Webster
77.
Eagle Picher Lead
91
Studebaker Com
73
Swift International
188
Eaton Mfg. Co.
35
Technicolor
Elec, Autolite ».
308
Texas Corp.
378
Elec. Bond & Share .......
31
Elec, Bond & Share $5 pt.
57
Texes Gulf Sulphur
379
Timken-Axle
318
Elec, Bond & Share $6 pt.
644
Elec. Power & Light 37 pf. Pintkote
30%*
Frans-America Co.
44
Hong Kong. 25th Feb., 1839.
20th Cent, Fox.
B
14)
Gen. American Trans.
54
Union Bag & Paper Corp.
117
THE CHASE BANK
Union Carbide & Carbon
381
Gen, Electric
341.
Gen. Motors
437
Union Pacific
82
15, QUEEN'S ROAD, CENTRAL
United Aircraft
411
Gen. Railway Signal
248
Gen. Tire & Rubber
12*
United Airlines. Trans....
149
HEAD OFFICE:
Glidden Co.
141
United Corpn.
11
#
18, PINE STREET,
Goodrich (B.F.)
.14
United Corpn. $3 cum pf.
231
NEW YORK.
Goodrich $5 pl.
621*
United Gas Corpn. "....
13/16
Oftake 75 bars.
Goodyear Tire & Co.
19
United Gas Improvement,
101
Piete Foreign Banking Service
Indian Mint Silver
Great Northern Iron Ore
15
U.S., Industrual Alcohol,
263
62-14
$
Great Northern Rly, pid:
271
US. Rubber
227
"in the principal Markets of the
world.
82-13
Great Western Sugar
217
US. Rubber $8 pid.
881
Interest Rates on Application,
62-04
Greyhound Corpn.
111
US, Smelting
531
1031
Hercules Powder Co
73
U7.8. Steel
67
e conducted by the HONGKONG * SHANGHAI RANKING COR- PORATION. Rules may be obtain- ed on application..
For the HONGKONG & SHANGHAI BANKING CORPORATION.
BANK OF EAST ASIA. LIMITED
Authorized Capital.....$10,000,000.50 Paid Up Capital 5,588,600.00 Reserve and Undivided
..2,983,261.50
Porits V. M. GRAYBURN,
Chief Manager.
Head Office: HONG KONG No. 10 Des Voeux Road, Central,
Board of Director. SHOPAOK CHOW, Chairman
Li Koon Chan, Esq. -
Li Lan Sang, Esq. P. K. Kwok, Beq Wong Cha Son, Esq. Wong Yun Tong, Esq. Pung Ping Wab faq. Chan Ching Shock, Esq.
KAN TONO Fo, Esq., Chief Manuger
An American Bank offering com-Li Tes Foxa, Esq., Manager
Bazarla
Bombay Diletta
Branches and Agencies.
Bontoon Pakmay Hingapore Loudon Hangood Sourabaya Manila
Swabow Baigen Malbourne San Fran. Sydney
inca Toptriz
81
Com
Rly. 5%
101 13
Homestake Mining
50
!
Int Nickel
252
Vanadium
Vultee Aircraft
31A
7
44
London, Jan. 23 (Reuter). Bar Gold, Fine per oz. 168/-
Walworth Co.
5+
Inter. Paper & Power Int. Tel, & Tei,
131
Warner Bros. Pict
3+
24
Johnsman
61
Westinghouse Elec.
100
*42-47
Woodward Iron Cor.
314
National Bank of India 311-
Kennecott Copper
34+
Chase National Bank
46
8.-A, Tab, (bearer)
92/6
Libbey-Owens-Ford
Glass
Dunlop Eubber
33/8
Lockheed Aircraft.
38 201
National City Bank
271
225 22
26
Bristol Aeroplane'
10/3
Imperial Chemical Ind. 29/7
DOW JONES AVERAGE
34
United Steel
22/101
Woolworths
55/3
1940/41
10
Marsman Investments
5.6
Western Holdings
47
Sub-Nigel
10/- 150
Eigh Low Dow Jones Averages 152:80 '111.84 30 Industrizla
Jan. 24, 1941. Jan. 22. High Low Close 129.15 127.74 128.34 123.65
Changs
SAFE DEPOSIT BOXES
THE
This Bank is entirely owned by CHASE NATIONAL BANK, New Your with Resources of over U.8.$2,900,000,000.
D. L. BALLANTYNE,
Manager,
THE MERCANTILE BANK OF INDIA, LIMITED
Hoad Omco-15, Gracechurch Street, London, EC.3
rozvor
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 or shorter periods in Local: and Foreign Cur- *encies on terms which will be quoted on application.
SAFE CEPOSIT BOXES TO LIT,
KAN TONG PO,
Chief Manager.
Halphons
Nagraka
Hankow Honolulu test..
New York
Seattle
Pazia
Polping
Besarang Shanghai
.31 off
Authorised Capital Subscribed Capital'..
£3,000,000
32.67 22.16, 20
16
They Trans &
Trad.
26.45
18.03 20 92.13 83.08 40
Railo Utilities
29,28
28.70 28.41 29.48
.20 up
Pais-ar Ospital..
2018
20.43 20.15 0.97
Reserve Fund and t
.00. up
·
21.800.00 21,051,00 41,254,
Bonds
91.98
(bearer)
45/-
04.07 48.47 11
Commodity Index) 68.41
91.95 66.53
na off .12, up
BANKERS:.
15
-bid.
-ex, div
London
New York
Japan
0/3-5/16
ukuang Rly. 5%, 1911
5-1/4
German Issue)
13
២. ធ
22-1/4
Lung Taing &
Hai
India Paris Hongkong
18-3/8 nominal
Rly. 5% 1913
14
16
29
Stering
(Brit. Stpd.)"
15
4
Bellers
Spot
Opening Closing 0/3-29/64 0/3-7/18 0/3-29/64 073-7/16- 0/3-27/64 0/3-13/32 U.S. DollarE
$5-1/2 $5-16732 5-1/2" 5-15/32 5-7/16 5-7/16
Jan. Feb.
Spot
Jan.
Feb.
The Central Bank of China's
Market:-Dull.
Silver Duty Rais
rate on London at 10 am. today
was 1/2-1/2d.
The Equalisation rate was 221 per cent.
India Rupee Paper
Bombay, Jan. 23. (Reuter), Govt, 31% Rupes, 94-12-0.
Calcan Exchange
Calcutta, Jan,"23 (Reuter). T.T. on Japan. 81-1/4.
S'hai-N'King Rly. 5% ..
rientsin-Pukow Rly. 5%
15
Tientsin-Pukow Rly. 5%
(German Stpd.) Tientsin-Pukow Rly. 5%
(Brit. Stpd. Supi, Loan). 15 Tentain-Puikow Rly. S% '— (Ger. Sepd. Supi. Loan)
INDO-CHINA
STEAM NAVIGATION COMPANY LTD
Operating Services for Cargo and Passengers
TO-
15
Jap. 8% Ster. Loan. 1924 214
༄༅ ་ྲ ཐཱ ནཱ ཐབླློ་ ྂ ཨྰཿ
ter. 7% Intl Loan, 1924 5
(Chartered Bank
HK. & Bhai Bank (Lan
Reg.,
H.K, & 8'hal Bank (Col.
Peg)
Chinese Eng. & Mining
bearer.dk.
Chosen Corporation ..... Mercantile Bank of In-
dia. £5, "G"
Pekin Syndicate
82
18/0
4/-
11
1/8
B'hai Kec. Constr. Co. Shal Waterworks "A" Union InsurEN US. Gula Kalumpong Rubber 15/71 Lon.; Mid. & Scot., Rly. 14
354 Great Western Rly."
-15/-
134 20
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA"..
SINGAPORE PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers borth alongsile the Roosevelt Terminal in the French Concassion ai Shanghai, where passengers and cargo are landed.
For further particulars
please apply to
Haarkong Howrah
Kosia Lêmpur" » Nogspors
HONG KONG BRANCH: Every description of Banking and Bacbeave business transoted,
TRUSTEE AND EXECUTORSHIP
UNDERTAKIMN CURRENT ACCOUNTS opened in Local Car. Hay HID DEPOSITS received in Local OUTS & STERLING on terms that may be ascertalõed on spy Jication.
D. BENSON,
What do
Manager
you want ?
I there is anything you want to buy or sell try སྐ., amall Classifed advertise- ment in the Hong- kong Daily Press:
JARDINE MATHESON&Co.,LTD 25 words $1.50 prepaid TELEPHONE ZOŽIIK GENERAL MANAGERS
for 3 insertions..
BANK OF CHINA
Specially Chartered by. THE NATIONAL GOVERNMENT OF CHINA AB AN. INTERNATIONAL EXCHANGE
"BANK PAID-UP CAPITAL 840,000,000. uơ (BRANCHES ALL OVER CHINA) Owing to our numerons Brauenes in China and connections in the Principal Commercial Centres of the World, we are able to extend our Clients special facilities for Domestic and Foreign Banking and Exchange.
Head
Office:-BHANGHAI Hong Kong Branch; ↳ QUEEN'S ROAD, C. South China Offices:
CANTON
SWATOW SHIUCHOW
KONGMOON TOISHAN
KINGCHOW
We also handle the issue of Bondu and other Public Funds of the Chinese Government both at Home
åd Abroad.
SHOU J. CHEN,
Manager.
Business Done --170,000 shares
The Bank of England and Midland
Bank, Ltd. BRANCHES:
Bangkok
Bombay
(pob
LEDA
Ollanta
Krantas
Colema
Xandy
Delas
Kareshi
Kota Bhar Kaala Liple
Kuala Trengg
Madea Merw. York fonary Rangoo
Sangbad
Simia
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