$1,090
$1,600
€95
£1
232
£15
100
12
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Boyle Sellers
Mais Nomina
SATURDAY,
NOV. 27.
Banks
H.K. Banks
Sharebrokers' Association
·Bellero
tuyor
Do. (London) ...... Chartered Banks... Mercantile Bks. "A'
Do.
*L;"
Bank of East Asia...
10
: :
$1,600 £96
The market was quiet.
BUYERS
B12
£JV
215
Hong Kong Bank, $1500. Canton Insurance, $270.
$88
N. U. & S. Bar
$3
Insurances
$270
Canton inatta IDUS,
$270
$517
Union Insumos..... 1818
$14
Undnewriters
.__1240.
Laternational Aasre. $.
Skipping
748)
Upagian
Steamb
$61
Indio Chinas (pref.)
143
Do. (def.)
9j4
Shelin .......
10:30
Waterixasta
Mining
13/
!!!
**
4.30
HI
16
Kailans
Vrtigzdek Bold Fla.
Ducks, Wharves,
#
$481
Last Bul-
351
Nov, 26 '97
443
91
89/41
$9.30
H. K. Steainboats, $9. H. & S. Hotels," $5,35. Watsons, $43.
424
Stocks 91* Great Northern Rly, 263 Great Western Sugar 271 451
82
851
Holly Sugar Corpn.
HONG KONG DAILY PRESS MONDAY,
A. K. STOCK EXCHANGE
SATURDAY'S OFFICIAL QUOTATIONS
H.K. & W. Docks, $281. H. & 8 Hotels, $51. H.K. Lands, $32.
HK. Tramways, $131. Macao Electrics, $19. Telephones (Old), $28). Telephones (New), $9.30. Dairy Farms, $24.30. Ewo Cottons, $13. Constructions (New), $1.
SELLERS
NOVEMBER 29, 1937.
NEW YORK STOCK EXCHANGE
1
(Through Reuter's Service)
QUOTATIONS
New York: November 29.
リ
New York London Cross rats New York Carton-Dec. New York Rubber-Supt. Chicago Wheat --Sept. Chicago Corn -Sopt. Winnipeg Wheat-Oct. Silver -Official
1837
Last Today's High Low Close Close Changy
4.99->/16 4.9 »9/16 unch. 14.09
7.03 8.03
8.07 10 up. 14.75 14.08 14.8ub 1407b
.ca of 9 90 કામ Sok.
53 DIY 530 1102 1901 110} 1197
142 unquoted
High Low Dow Jones Averagen, Nov. 26.
616 20.13 20 Raile
19440 113.84 50 Industrials
37.84 19.85 20 Utiliti
-106.89—91–34———40-Boods
unch. off
• D
BANKS
AUSTRALIA AND CHINA Incorporated by Royal Charter 18SA
HONG KONG AND SHANGHAI | THE CHARTERED BANK OF INDIA
BANKING CORPORATION
Authorised· Capital ...... $50,000,000 Issued & Fully Paid-Up #20,000,000 Reserve Funds:--
Starling ....
Hong Kong Currency
Reserve
Reserve Liability of
.£8,500,000
HEAD OFFICE: LONDON 98. Bishopsgate EÇA
.....$10,000,000 | Pald-up Capitai....
Reserve Fund
Proprietors.....................................$20,000,000 | Reserve, Liability of Pro-
Head Office:-HONG KONG
11826
30.4
$2.23 51:17.
Bigh Low Close Chane 184.30.1×0.67 143.71
6.45 up 31.92 31.00 3.71 123 up 23.08 22.50 32,98' 13 up 024043-up
08.77
17.up Business Done; −1,140,000 shares.
Board of Directors. G. Miskin, Esq.,
Chairman.
Hou. Mr. M. T. Johnson,
82.44 59.03 11 Commodity Inder $2.50
Stocks Adams Express Allis Chalmers Amer. Can
prietors
£3.000.0 £1.800.900
£3.000.800
MANCHESTER BRANCH:
71, Mosley Street, Manchester
AGENCIES AND BRANCHES:
ALOR STAR TOULO Deputy Chairmun, | AMRITSAR J. K. Bousfield, Esq.,
BATAVIA
SEMARANG
IFOR
BANGKOK
KARACHI
SEREMBAN
A. H. Compton, Esq.,
ELANG
AHANGHAI
S.. E. Dodwell, Esq.,
BOMBAY
KORE
SINGAPORE
Nov 28
27
J. R. Mason, Esq.
281
K. S. Morrison, Esq.,
CALCUTTA KUALA CANTON
BITIAWAN.
LUMPUR
SOURABAYA
29
Hon. Mr. J. J. Paterson,
CAWNPORE..
KING
TAIPING
T. E. Pearce, Esq.,
GBLY COLOMBO
MADRAS.
TIESTHIN
A. L. Shield, Esq.,
MANILA
TOFGHAN
15/
SALES
*8.40
Hong Kong Bank, $1600. H.K. & W. Docks, $29.
A Car & Foundry Amer. Cyanamid
Humble Ol
563
56
Sir Vandeleur M. Grayham,
DILE1
MEDAN
(Bhuket)
221
239
Int. Nickel .........
40
421
+++
Chief Manager.
KAIPHONG
NEW YORK
TRINGTAO
Providents (Old), $2.15,
Godowns, etc.
#:18
H.K.K, Wharvey.
$117
+++
Marsmans (Lon), 18/8.
Providents, (New), $0.35.
Amer. Metals
Amer. & For. Power Amer. For. $7 pl. Amer. Locomotive
$2.15
35 cts.
Providents (ohi) $9.05
Do.
$9.15
Amer. Radiator
(new)|35 ata. 35 cts.
119
1.K. & W. Dock Shangnai Decks S. New Engiacerings D.
$291
$100
13
THE EXCHANGE
Lands, Hotels, and
Bui dings
MARKET
Amer, Rolling Mill.. Amer. Smelting Amer. Steel Fdries. Amer. Sugar..... Amer. Tel. & Tel... 144
Amer. Tobacco "B"
10+
$3.36
H.K. Hotels
$5.30
Amer. Waterworks ...
132
H.K Lands... 32
$100
Du. 4% Debentures
$102
MESSRS. ROZA BROS. Anaconda Copper
Shanghai Landa...d.
Atchison, T. & B. Fe.
Metropolitan Lands..
Atlantic Refining
$1.85
H.K. Helties. 84.76
Atlas Corpo.
China
Do................ .....
Auburn Motors
Do. Debuni turoad.
18*
Humphreys
|
18,40
Baldwin Locomotive
$86
Cunca Estates ..........
$ cum. pl.
Colton Millm
$13
EWON
BO
Shim Cottonsfold.
DUN
$13 180
Baltimore & Ohio... 113 Barnsdall Ol
Benal Aviation
Zag Sing......
$34
Wing On Textilas(3)]
$40
Ewo Cotton Rts. S.
Public CHILlen
$13
Tramways....
$13
Poak Toxins (old) ..... |
161
$3,75
Do. (DOW)...]
13 IV
Trans Brooklyn Manhattan
FOR
Star Ferric ********
182
9/16.
$8 cum, pf.
Saci
Yaumati Forries
$15
MARKET
Case. JI..
1170 Chins Lights (old)...
$11,60
$11.35
$651
H.K. Electric
$12
13..
#:
$24.30
5
31:60
$1.00
13
$9.30
93/9
20/-
Do. (prof.)......
Caldbeck, Ford.).
$1.2
Cernents
$3.80
Koper
Dairy Farma
Do (DOW)...
Macao do.
Swudukan Lights ........
Telephonos (oid) .... $261
Do. (now)... $9.13
China Bunes. S.
Tractions ****
$11.45 3001
Celanese Corpn. of.
'America
Cerro de Pasco Certain-Teed P'ducts Chesapeake
Corpn. 56
29/8
Chesapeake & Ohio 774 Chrysler Corpn.
Columbia Gas & El
industrial
Macgregora(prof.)88.
Canton Ices
Miscellaneous
1230
13.80
+
Columbia 6% "A" Dr. Commercial Credit 44
203 Commercial Solvents, Commonwealth & S Commonwealth
cum. pf.
$241 Ch. Etainmenta... $4 Constructions, (old)
Do, Lane Crawfords.................
Consolidated Edison 2011
71% Cu0.6%19960.2Bda.
$11
(NOW)
31
Nanyang Tobaccu..
Sinceres
$1.60
Watsons
S. C. Enterprises
$1
80%
prox. 5 prem
I.K. Gort. 4% Loana]
$105
Hi
Do... 31%
31012
Wallace Harper
$40
B.K Wing Ou
140
S'hal Do
***
160
15.86
Vihro Piling
$6.90
18/9
Marsmans Inv. (Lon.)
4/8
165 eta Wra. Powolia
(H.K.)
180 ot.
Consolidated on Continental Of..... Corn. Products Curtiss Wright (C.) 11 Curtis Wright "A" 154 Delaware & Hudson
Del Lackawanna &
Western
Distillers Corpn Bea-
grams
Douglas Aircraft
Du Pont
Klectric Boat
Elec, Bond & Share
Elec. Bond & Share
$5, pt.
Sales to Bhunghai
LONDON EXCHANGE RATES
Elec. Bond & Share
$5 pt.
Mec Power & Light
Paris
Geneva
Berlin
Athens
Мад
Copenhagen
Vienna
(British Wireless Service)"
Nov. 25
Nov. 27
147-3/16
147-7/84
21.593
21.591
.21.592
12.372
95
94-15/16
Stockholm
Shanghai
19.40 1/21
New York
4.99-9/16
Amsterdam
8.98)
4.991 8.98)
141-15/16
Elec Power & Light
$7.pt...... Firestone Tire & R
Tintrote
Gen. Asphalt Gen. Cigar
Gen. Electric
Gen. Foods
Gen. MotorS
Gen Railway Signal
Gillette. Safety Razor audden
Gold Dust.......... Goodrich (BP.) Goodrich $5 pf.. Goodyear
Prague
Madrid
Kabon
Hong Kong
Bombay
*Montreal
.4.99£
29.37
Yokohama
Belgrade
Monte Video Rio
Brussels
Bucharest
Silver (Forward)
Bliver (Spot)
War Loan
On LONDON:-
4.99-1/16.. 29:381
2-51/04
21
19-9/16 19-11/16 - 31% 100-13/16
Closing Quotations
November 27, 1937.
Telegraphic Transfer... 11/8 Bank Bills, on demand 97/33 Credits, four months'
1/3 3/32 sight ****
OK SHANGHAI!—
'On Demand
Oz SINGAPORE -----
On demand
On JAPAN -
On demand
¿Por INDIA :-----
10-9/16 19-11/16
$1,70
Saturday, Nov. 27. Silver prices were unchanged yesterday, the quotations remain- log at 19-11/18 for Ready and 18 /16 for Forward. 'Saver. ad- vices reported a quiet markető. A small business was done. After the official Exing America was a small buyer at the rate, but business was very small. American Silver was quoted at 443 for Spot.
The London New York cross- rate was quoted at 499,45, New York/London was quoted at 499.-
Bethlehem Steel Boeing Airplane Borden Co.
Briggs M'facturing 20 Brooklyn-Manhattan
Steady bat quiet. No business Canadian Pacific was reported.
STERLING There were sellers at 1/3 No- vember/December and 1/2 33/32 January/February, buyers at 1/3 1/32 Cash/January and 1/3 Feb- ruary/March.
were
U.S. DOLLARS Nothing doing. There "sellers 1 31 3/16 November and 31 1/8 December/February, buyers at 31 1/4 Cash/January and 31 3/18 February/March.
SHANGHAI DOLLARS Sellers-at-105 7/16, buyers at 103 5/8 for Apot.
SHANGHAI MARKET There were sellers of Sterling at 1/3/16, buyers at 1/2 7/32 for cash. US Dollars, sellers at 29 9/16, buyers at 29 19/32 for Spot.
THE SHARE MARKET
Harriman's Weekly Report
Messrs. G.A. Harriman & Co's weekly share report and market. review issued on Friday night
atates:-
The market has continued steady but dull and business has been small. Manila is featureless and a trifle easier with only meagre busi- ness passing.
Hong Kong Banks subsided to $1550 on a sharp drop in the Lon- don price, but found keen buyers at this level and closed at $1600. Unions have been quiet with a few
reported transactions
between $5174 and $5224 Canton Insur- ances had sales at $2124. Hong Kong Fires however are available near $250.
U.F.A. FILMS MAKE PROFIT
Berlin, Nov. 28. UFA, the largest German nim company, shows increased proats for its pancial year 1936-37.
GERMANY RAISES RUBBER TARIFF
Berlin, Nov. 28.
It is officially announced that the import tax on rubber will be increased from 125 to 160 marks per double bundredweight from December 1..
The tax was introduced on May 13 last to help the financing of Germany's costly synthetic rubber
The Annual Report says that gross earnings during the year amounted to 78,000,000 reichsmarks, or 17,000,000 reichsmarks over last year's curninga.
mereased profits are not to be scheme. paid out in dividends but will be Reuter. utilized to intensify film produc tion Transocean-
Or utility shares, Hong Kong Electrics were in favour, with buși- nesa dono up to $557. Lights too. were fully steady and closing sales were effected at $11.70, Telephones (old) made $283 arid the new are $9.30 bid. Trams are a shade bet ter at $134 and Star Ferries wanted at $82. Macao Electries have a proved further, to $19.
Cements are better at $121 and be placed at $3.80. Ropes can Dairies are about $241 and Wat sons nominally $44
Wharves are quiet around $117 and Providents (old) are $2.15 and the New $0.35 business having been done at these rates. Docks have sh$80 and Ewas at Bh$13, at which steadied to sales at $29, and buyers there are still buyers. continue to be interested at any-- Philippine Mining Shares. In- thing under this figure. Hotels terest in mining shares has almost On demand. Slģ
show alight Improvement at $51, evaporated and only an occasional ON BANGKO
Lands are 432 buyers and Humph-deal is reported. A small parcel of On demand
1490
reya near 18). Cotton mill shares Antamoks was dealt in at 80 cents SOYEELIGHS Bank Buying
have been fairly active. Sales of and some Consolidated Mines at 1/3 1/32 BAR BILVEL. DACOM to 11/16 Shanghai Cottons were effected at 24 cents.
On New YoLK:-
Bank Billa, on demand 30) Credita 30 days' night. 31 On Batavia:—
On-demand
·Os Pario:—
Bank Bills, on demand 907) Credits, 4 month's sight 967]
101
ON SAIGON :-
On demand
Telegraphie Transfer... Jaiz
on demand.
ON MANILA-
TREASURY BILLS
London, Nov. 28. The total amount applied for in tenders for £50,000,000 Teasury Bills was £62,315,000. The aver age rate per cent, for the bills at three months was 18/0.224. against 11/1150 a week ago. British Wireless.
Sun Fran-
cisco
Lumpur Shanghai London Singapore Сусцв Soatabaya
Haukow (Johore) Tokyo Harbia Makden Tsingtao Hoogkew New York Yokohama
Current Accounts opened in Local Currency and Fixed Deposits received for one year or shorter periods in Local Currency 'and Sterling on terms which will be quoted on application.
Also up to date Safe Deposit Boxes in various sizes To Let Hong Kong, 12th May, 1937.
BONG KONG SAVINGS BANK
THE Business of the above Bank is conducted by the HONG KONG & SHANGHAI BANKING CORPORATION. Rules may be obtained on application.
For the Hong Kong & SHANGHAI
BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 1st March, 1937.
Authorised Capital ...$10,000,000.00
Reserve and Undivided
HEAD OFFICE:-HONG KONG No. 10, Des Voeux Road, Central.
Board of Directors:—
Sir Shouson Chow, Chairman Li Koon Chun, Esq. Li Lan Sang, Esq. P. K. Kwok, rat. Wong Chuson, Esq. Wong TanTong, Kaq. Kan Ying Fu, Esq. Chan Ching Shek, FungPingWah,
Esq.
2
Esq.
Kan Tong Po, Bag, Chief Manager. Li Tre Fong, Eng., Manager.
Branches and dyencies (—
Kowloon Penang Bours-bey
Rangoon
Halphons...
Banton
Kobe
Saigon Melbourne Bed Fram Faga
Bydney Taloka
dico · Tentan
Sew York Sanctio
Tokyo
Bemarang VLDOOUVET
Shangha Yokoham
Puping • Exipore
Every description of Banking and Exchange business transacted.
од granted
Current Accounta opened in
YOTOKAM
(Peking) PERKATEGA.
PENANG
HONG KONG BANGOON
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for Que Year of shorter periods at rates which will be "quoted on applica tion.
The Bank's Head Office in Los doa undertakes Executor & Trustes business, and claims recoVBST of British Income Tax overpaid, or terms which may be ascertained st any of the "Agencies and Branches.
B. W. BOBERTS,
Manager.
THE CHASE BANK
15, 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 world.
interest Bates on Application.
SAFE DEPOSIT BOXES
Tals Bank is entirely owned by Tus CHASE NAȚIONAL Bank, NIV Yoat, with Resources over U.B. $2,300,000,000.
D. M. BIGGAR,
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 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 Hongkong Branch:
4, QUEEN'S ROAD. C
South China Offices:
KONGMOON TOISHAN
KINGCHOW
CANTON
SWATOW SHIUCHOW
We also handle the issue of Bonde
and other Public Funds of the
Local Currency and Fixed De Chinese Government both at Home posita received for one year or and Abroad. shorter periods
Foreign Currencies on terms which
will be quoted qu application.
Safe Deposit Boxes To Let.
KAN TONG PO,'' Chief Manager.
GERMAN FINANCES
cur
Berlin, Nov. T.
of German The stabilitÿ rency will not be affected by the chanze in the Cabinet according General to competent quarters. Hermann Goering's position," how- ever, is much strengthened.
THE YOKOHAMA SPECIE BANK
Capital (fully paid up)
Yen 100,000,000 ne Reserve Fund... Yen 134,400,000.00
ERAD OFFICE:—YOKOHAMA
BRANCHES AND AGENCIES AT? Rangoon Alexandria Honolulu Bangkok Hainking Rio do Batavia Karachi Janeiro Berlin Kobe
San London
Francisso Los Angeles Seattle Manila Semarang Shanghai
Tientsin Tokyo Tsingtao
The Ministry of Economics has Bombay been made subsidiary to the re-Calcutta quirements of the Four-Year Plan. Canton against which Dr. Hjalmar Schacht Dairen Moji has successfully oblected on cer- (Dalny) Nagasaki Singapore tain occasions. This is one of the Fengtien Nagoya Soprabays principal reasons for Dr. Schacht's (Mukden) New York Bydney repeated requests to be relieved of Haraburg Osaka, Hankow Otaru his post.
Harbin 'Paris German industrialists have
Hong KongPeiping Tinkow frequently complained that, they
Interest allowed on: Current Ac are obliged to invest large suma
connte.
Depozite received for Fixed in reproduction of what are often merely laboratory experiments for Periods at rates to be obtained op the purpose of producing sub-application, stitates for expensive foreign raw materials Neuter.
"Y KANO,
By Manage Hong Kong, 11th Bept., 1937:
+1
51
Int. Tel. & Tel.
7
74
HAMBURG
PEIPING
24
261
Int. Dept Stores.
114
11
ΠΑΝΙΩΝ
Branches:
HARWIN
171
191
Kennecott Copper
33
H
$341
Amoy
Iloilo
Peiping
201
29
Lambert Corpa.
167 174
Bangkok
Ipob
Penang
13
.143
Loew's Inc.
337
3.4
Johort Batavia
Rangoon
221
231
Lorillard
134
141
Bombay
.
469 491
McIntyre Porcupine
Calcutta
McKesson & Robbins 74
75
Canton
Kobe Kowloon Kuala
Saigon..
281*
201
Monsanto Chemical 331
Chotoo
361
Colombo
1471
Montgomery Ward"
164
171
Dairen
681
701
Murray Corpn.
Foochow Malacca
131
142
Nat Cash Registor.. 162
19
Haiphong Manila
281.
301
Nat Dairy Products 14!
151
Hamburg Muar
Sungei
Patani Tientsin
361
38
Nat Distillers
211
22
Nat Power & Light
01
81
97
New York Central -
172
187
83
Niagara Hudson P.
Corpn.
96
94
North American ......
224
234
12+
Northern Pacifc
121
127
13
14.
Pacific Gas & Elec.
27
27
Pacific Lighting
38+
39
મુઠ્ઠ
501
Packard Motors
4+
5
23+ 241
Paramount
121
138
ارم
172
172
Pennsylvania R.R.
211
213
221
Phelps Dodge ......
Phillips Petroleum
381
402
10g 11
Public Service of NJ.
35
381
Pullman Inc.
34..
341
Pure Ou
111
121
381
92
Radio Corpn of Am. 61
72
8
Republic Steel
161
181
1.
Reynolda Tobac. "" 431
.. 44
191
202
St. Joseph Lead Co.
38
40
Schenley
274
281
744*
742"
Schenley 5% pf.
+
591
Sears Roebuck
521
57
78
Shell Union Oll
161
1619
362
381
Socony-Vacuum
141
15
81
Southern Cal Edison
181
20
24
21
Southern Pacific »..........
12+
131
451
Sorthern kly 5% pf.
171
191
277
Stad Brands ..."
8
81
BANK OF EAST ASIA, LIMITED.
92
Stand Gas & Elec.
5+
$0
Stand Gas & Mee.
412
443
271
29
Paid-up Capital
273
Standard Oil of NJ.
431
46
541
58.
Sterling Products
55
551
Profite...
5,599,600.00
2,776,796,76
17
Swift
International
234
241
31
31
374
394
Technicolor
123
Texas Gulf Bulphur
291
313
17
Tidewater Assoc. Oil
137
142
B
82
Timken-Detroit Axle
101
Transamerica
111
827
84
20th Cent. Fox Films
20
23
20th Cent. Fox Films
151
151
25 * 25 *
pf.
323
331
Un. Carbide & Car-
102
LORI
60
"
bon
8*
93
104
Un. Pacific
B3
871
12
124
United "Altcraft
181
191
Un. Airline. Trans-
49
51
port
81-
Ande
United Corpn.
41
41 Batarin
53
571
United Corpn. 13 334
Bombay
341
Caloutta
144
14
cum pl.
11
12.
Custom
Un. Gas Tprovem':
Un. Light & power
Honelaja Parla
-37
31
47
481
#A"
US Industrial Alco-
20
211
bol
181
191
251
US. Rubber
27+
270 221
US Rubber 8 pl.
491.
54
Loans
securities.
approved
391
42
.56
581
U.8. Stee!
337
361
16
171
Vanadium
18
20"
Warner Bros Pict....
78
81.
Westinghouse
Sec.
961
101
in Local and
25+
267
Youngstown
Sheet
SHOU J. CHEN
11
Manage
261*
201
& Tube
37
39
161
18+
Chase National Bk. 31 *
32 ⚫
501* 192 21
542*
National City Bank 27+ Call Money
28 ⚫
1% 1%
LIMITED
•
Blo