12
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Sharebrokers'
Association
THURSDAY:
eyess Balleri
Scie
Nominal
Hnyers
Malieru
DEC. 23.
*alor
Banka
New York: December 23
Last
High Low Close Bigh
#1,450
H.K. Banks
£80
2121
Do. (London) ... Chartered Banks ...
9.30. 9,31. 8.41 1.47 15.99 15 40
9.
912 "921
£124
£31+
Mercantile Bts. "A"
60
EID
Do.
"0"
180
Bank of East Asia...!
231 £18 180
s 801
117
11:28
141
. C. & S. Barks...
32
Insurances
$2791
Canton Iuszrachea.....
Union Insurances ........
#and $515
High Low Dow Jones Averages. Dec. 23. 19440 113.84 50 Industrials.....
129.98
Nomina
1
$1,445
HONG KONG DAILY PRESS FRIDAY, DECEMBER 24, 1937.
THE EXCHANGE
MARKET
MESSRS. ROZA BROS.
Silver prices were lower, yester day to the extent of 3/16 for Ready and 1/18 for Forward, the quotations being 18 11/16 and 18 1/2 respectively. Silver advices re- ported India as having operated both ways. Speculators bought. The market was steady. Ameri- can Silver was quoted at 44 3/4 for Spot
NEW YORK STOCK EXCHANGE
(Through Reuter's Service?
QUOTATIONS
New York/London Cross-rate Now York Cotton-Mar. New York Rubber-Mar. Chicago Wheat --May. ..Chicago Corn
-My Winnipeg Whoat-May. Silver-Oficial
1937
BANKS
HONG KONG AND SHANGHAI | THE CHARTERED BANK OF INDIA
BANKING CORPORATION
Authorised Capital
******* $50,000,000
Issued & Fully Paid-Up $20,000,000
Proprietors
AUSTRALIA AND CHINA' Incorporated by Royal Charter 1983
HEAD OFFICE: LONDON: 38. Bishopsgate EC.2
Today's Close 4.99-13/16 unreceived
8.38 15.20
Chappe
Reserve Funds:-
.03 off
'Starling
£6,500,000
.11 off
Hong Kong Currency
91
7/8 off
Reaorvo .....
.....$10,000,000
3/4 00
Reserve Liability of
118+
r ol. unch.
Paid-up Capital.. Reserva Fund $20,000,000 Reserve Liability of Proi
prietors
£3.000.0
£3.000.000
£3.000.000
Head Office:HONG KONG
High Low Close 1875 187.99 198.85
Change
1.43 00
UnderwriterN
$240
'H.E. Firas un caurumres
$240
4481 58.90
$43 100/- 19.30
Shells
Waterbosta
17/3
Kailans
12.00
F15
International Assco, S.,
Shipping
Douglass ......... $48 Steambt
Indo-Chinas (prof.)
Do. (dof.)
Mining
Venezuela Gold Flelu.)
"Hongkong Minos.
Docks. WharVSE,
Godowns, etc.
.K. & K. Wharve.
Providents (old)
Do. (new) H.K. & W. Docks Shangasi Docks S. New Enginveriaxy S. Hands, Hotels, and
Basings
វត
****
The London-New York rate was quoted at 499.80, New York-London was quoted at 499- 7/8.
cross-
64.46 20.15 20 Rails
31,65
32.72 32.20 38.x8
.37 off
37,64- 19.54 30. Utilities
$1.81
106.89 91.54 40 Bonds
03.82
83.44 69.03 11 Couolity Index 83,95
Business Done: -1,190, sharea.
21.85 91.33 91.42 13.73 63.70
.39 of .09 OF VA ON
:
MARKET
.........
$5.90
$51 543
STERLING
100/-
$8.30
31773
:
:
$B
312
177
$34
161
Extremely dull.
There were sellers at 1/3 .De- cember-March and 1/2 31/32 April, buyers at 1/3 1/32 Cash- March and 1/3 April.
U.S. DOLLARS There were sellers at 31 1/4 De- cember-January and 31.3/16 Feb- ruary-March, buyers at 31 5/16 Cash-January. 31 1/4 February- March and 31 3/16 Apri
SHANGHAI DOLLARS Sellers at 106 for Spot.
SHANGHAI MARKET
There were sellers of Sterling at 1/2 11/64. buyers at 1/2-3/16 for December. US, Dollars, sellers at 29 1/2, buyers at 29 17/32 for December.
IN THE AFTERNOON ·
The market continued dull in
the afternoon.
STERLING
The market closed with sellers at 1/3 December-March
1/2 And 31/32 31/32 April, buyers at 1/3 1/32 Cash-March and 1/3 "April.
U.S. DOLLARS
The market closed with sellers at 31 1/4 Decemb-January and 31 3/16 February-March. buyers at 31 5/16 Cash-January. 31 1/4 Feb- ruary-March and 31 3/18 April.
54 74
A Car & Foundry Aret. Cyanamid .... Amer. & For: Power Amer. For. $7 pf. 211 Amer. Locomotive
Amer. Metals
Amer. Radiator'..
Amer, Rolling Mul..
Amer. 8melting ",
Amer. Steel F'dries.. Amer. Sugar Amer. Tel. & Tel... Amer, Tobacco "B" Amer. Waterworks .... Anaconda Copper Atchison, T. & 8. Fe. Atlantic Refining Atlas Corpü, Auburn Motors
Saldwin Locomotive
25
1484"
17 cum. pi........ Baltimore & Oblo... 121 Barnsdal Ou
Bendix Aviation Bethlehem. Steel Boeing Airplane Borden Co. Briggs
14
M'facturing 22 Brooklyn-Manhattan'
Trans
Brooklyn-Manbattan
148
Stocks
Great Northern Rly. 251 Great Western Sugar 27 Holly Sugar Corpn. Humble 011
"Int. Nickel
Int. Tel. & Tel. Int. Dept Stores
Stucra
Dec. 31
Adama Express .......
91
Allis Chalmers....... Amer. Can
13 st.)
iii
13
12
25 ctu
$29
$118 #1 85 25 ata
327
$100
13
35
H.K. Hotels.
31
H.K. Laatste
9319
300
Do. 4% Debentures
102
Shangri Landa" you
Metropolitas Lansts.c
* 1
H.K. Beralkies.
84.70
Chias Vo
3F
Humphrey
18.40
186
Cotton Mills
$122 $80.
Ewx ..........
Do.
Chinese ExtaLAS
que.
Shat Cottonwinks.
h
Zaong Sink ..... S.
Wing Ut Textile S.)
Ewo Cotton Rts, S.
Pabile Utilitie
Tramways
:::8
$13
819.
Post Trame (old).......
31
Do. (new)...
+3 10
Star Forres
380
1043
Yaumati Ferries...
8!
89.80
China Lights (old)...X div. Xrts.
39.8+
Do. (AG)...
$4,80
Do. RtR
$4.00
501
H.K. Electrica ......
3501
3192
Масао до
$144
$26
$26
30
(now)
China Busos ........5.
23/9
Tractions
12/6
231-
Do. (pret.).....
"Industriali
$1,TA
Canton Ice
$12.40 Cemen₺-
13.80
823
Sandakan Lights ........
Telephones (old)
Da
Hoper
Miscellaneous
Dairy Farma.....
Ch. Etainments......
Constructions, (old);
Do.
(08) 95 ct..
31.00
315
Lane Crawfords..............
Nanyang Tobacco...
Biocers....at. Watsons
Paris
Geneva
Berlin
Athens
Milan
S. C. Enterprises
75% CM.G.5%19280.Bds.
H.K. Gort. 4% Loans
pren.
Do.
3%
Wallace Harper
140
B.K Wing Co
'hal
Do
%
Vibro Piling ........
21/-
4/6
176 ets
Wm. Yowel'a
(H.K.)
***
Maramans Inv. (Lon.)]
Sales to Shenghai
3:
$170
12
$3.80
$23
ท
AMERICAN SILVER
POLICY
Buying To Go On
CO-OPERATING FOR RECOVERY
Mr Morgenthau. Secretary of. the United States Treasury, in- dicated recently that the Treasury would continue the Government's present silver policy. He clearly hinted that the buying programme would not be abandonded.
44
40
$+1
ว
78%
LONDON EXCHANGE RATES
Copenhagen
Stuckholmm
Shanghai
New York
Amsterdam
Vienna
Prague
Madrid
Lisbon
Hong Kong
Bombay
Montreal
Brussels
Yokohama
Belgrade.....
· Monte Video
Bio
Bucharest
Silver (Forward)
Silver (Spot).... War Loan
ON LONDON:-
(British Wireless Service)
Dec. 22 147-11/64 21.60 12.401
Dec. 21
147-9/84,
21.60
12.401
95
95
5.004
8.99
4.99-13/18 8.081
142j
4.09-27/32 29.42
5.001 29.431
28
26
187
18-9/16
34% 101-11/18
ON NEW YORK:—
Closing Quotations
December 22, 1937.
Tolegraphio Transfer...
Co- of
Mr. Henry A. Wallace. United States Secretary of Agriculture, in
wireless talk appealed for sections operation from all $104 $101 trade and outlined a seven-point programme for agricultural and economic recovery.
$41
354
147
"Speaking on the mutual problems
of agriculture, business, and labour and the ways in which the Govern-
76 ct: ment could help them. Mr. Wallace
18-11/16 181* 34% 101-11/16
Certain-Teed P'ducts
Chesapeake
Chesapeake & Ohio 381..
Chrysler Carpo......
Columbia Gas & E.
Corn. Products Curtiss Wright (C) Curtis Wright "A" 151 Delaware & Hudson 17 Del. Lackawanna &
Westem Distillers Corpn Sea.
grams Douglas Aircraft Du Pont
Electric Boat
Elec. Bond & Share
35 pf. called on these groups to demon-Elec. Bond & Share atrate their ability to bring about -$6 pr. a co-ordinated drive against the business setback by co-operating whole-heartedly. This co-opera- tion, he said, should work on the following programme:—
1.A revival of housing 1.5 outlined by President Roosevelt.
2. Revision of taxation to cure injustice but to maintain revenue. 3.-Maintenance of farm pur- chasing power by an enactment to assure an evernormal granary.
4-Maintenance of the purchas- Ing power of labour by the for- mulation of а sensible Iabour programme.
5.-Assurance of an abundant supply of cheap credit and capital by a healthy securities market with a view to encouraging in- creased output and employment.
6.--Provision of Government capital in case of need to carry the burden until private capital Lakes over.
7.The continuance of a careful approach for the revival of world peace and world trade by a re- ciprocal trade programma.-"Man- chester Guardian."-
Bank Bills, on demand 20.10/16 REICHSMARK Credits, 80 days' sight. 31/7/16
Bank Bills, on demand 1/97 OM BATAVIA:
Bank Bills, on demand: 9 0 Credits, 4 month's sight 970
Credits, four months'
right
On demand
ON PARTS:-
1/2
ON SHANGHAI:-
On Demand
1048
+
Ox Barco
C.SINGAPORE:-
On demand
On demand
521
ON MANILA-
On demand
ON JAPAN :--
On demand
108
OF BANGKOK :-
20
On demand .............. 149)
SOVEREIGN Bank Buying
Bakkevarerzumer 1/3 1/38
Ban RIMER DIE OB, VA 181116.
"QUOTATIONS
Berlin, Dec. 23. The Reichsmark was quoted; without guarantee, as follows:
New York, 40.30. Paris, 1187,
Amsterdam, 7247..
London, 12.400.
Gen. Electric .....
Gen. Motors ......... 331 Gen. Railway Signal 23 Gillette Safety Razor Glidden
Gold Dust Goodrich (BJ) Goodrich #3 pt. Good lear
PHILIPPINE MINING
NEWS
AMBASSADOR GOLD Mining
LUZON CONSOLIDATED Mines
Company treated 1,253 tons of are announces that 500 tons of chro- during November, from which
mite ore were shipped to Hamburg, P15,074 was extracted:
GOLDEN GATE MINING asso-Germany, recently on the steam- ciation has transfered R. H. Wyzle | ship Burgenland. Dr. -A B. to Mindanao as resident mining Miranda, secretary-treasurer, told engineer in charge" of their chro- | the Bulletin that this is the 8th mite property near Cagayan de shipment in commercial quantity Misamis Known outcrops are be-made by the corporation abroad. ing opened, and positive ore re-
The management said that an- serve calculated. A new group of other shipment of Its chromite ore claims, adjoining the original will be made on December 15, of claims, has been acquired Active 1,500 tons. In the meantime, ac- prospecting has shown several pro-
mising lenses of good grade chro-live development and exploration mite ore. Placer operations will work is proceeding on Ita chromite. be started at their Paracale pro property in Zambales, so as to be perty this coming week, as all able to fill all the orders under 29.45-machinery will be in place at that contract by the corporation, early
time.
axt year!
Faris sterling 147.17 to 147.21, Paris U.S. dollar, 29,44 to Tranxocean New Service
London
Saigou San Fran
cisco
Lumpur Shanghai
Singapore Lyons Sourabaya Malacca Sungei
.. Patani Tientsin (Johore) Tokyn Harbin * Mukden Tsingtas Hongkow New York Yokohama
Current
opened in Local Currency and Fixed Deposits received for one year or shorter periods in Local Currency and Sterling on terms which will ho quoted on application.
Also up to date Safe Deposit Boxes in various sizes To Let. Hong Kong, 19th May, 1937.
HONG KONG SAVINGS BANK
HE Business of the above
TBank is wnducted by the
HONG KONG & SHANGHAI BANKING CORPORATION. Rales
aay be obtained on application.
For the HorG KONG & SHANGHAI
BANKING CORPORATION.
7. M. GRAYBURN,
Chief Manager. Hong Kong. 1st March, 1937.
BANK OF EAST ASIA, LIMITED.
Authorised Capital ...$10,000,000.00 5,598,600.00
HEAD OFFICE:-HONG KONG No. 10, Des Voeux Road, Central.
“Board of Directors :——
Bir Shouson Chow, Chairman Li Koon Chun, Esq. Li Lan Sang, Esq. P. K. Kwok, aq. WongChuSon, Esq Wong Yun Tong, aq. Kan Ying Fo, Esq. Chan Ching Shek. Fung PingWah,,
Esq.
Esq
Kan Tong Po, Haq., Chief Manngor.
The Fong, Esq., Manager.
Raskow
*Bograbaya
Kelbooms Bad Prun- Taiboku
Nagsali
New York Seactie
doo sieppals
Osaka Bemarang Vandouver
Bhangbal
Honclufu Parit
Paiping ngupars
YOKOHAMA
(Paking) EBOANGA PENANG
HỒNG KONG BANGOON
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT. ACCOUNTS opened and FIXED DEPOSITs received for Que Year or shorter periods at raise which will be quoted on applica tion.
P
The Bank's Head Office in Lon don undertakes Executor & Trustcs business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.
B. W. ROBERTS,
Manager.
THE CHASE BANK
15, QUEEN'S ROAD CENTRAL
HEAD OFFICE:
18, PINE STRAFT,
NEW YORK.
An American Bank offering com plete Foreign Banking Service in the principal Marketa of the world.
Interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by.
THE CHASE NATIONAL BANK, NIW Yos, with Resources over U.§. $2,500,000,000.
D. M. BIGGAR,
Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK PAID-UP CAPITAL. .840,000,000.00 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. "
* Sauth China Offices:
KONGMOON TOISHAN
SHIUCHOW KINGCHOW
We also handle the issue of Bonda
Iwans granted on approved and other Public Funds of the securities.
Ourrent Accounta opened in Local Currency and Fixed De and Abroad. posita received for one year of
in Local shorter periods Foreign Currencies on terms which will be quoted on application. Safe Deposit Boxes To Let
KAN TONG PO
Okiet Manager.
H. K. STOCK EXCHANGE
YESTERDAY'S
OFFICIAL QUOTATIONS
The market was neglected.
BUYERS Douglases, $48). ELK. Steamboats, $8.20. Entertainments, $5. Constructions (Old), $14. Constructions (New). $1.
SELLERS China Lights Rights, $4.80. HK. Mines, 13 cts,
SALES Providenta (New), 25 cts. Canton Ins: 270. HK.. Fire, $240.
THE YOKOHAMA SPECIE BANK
LIMITED
Capital (fully paid up)-
Yen 100,000,000 00 Reserve Fund Yen 134,400,000.00
HEAD OFFICE:--YOKOHAMA
BRANCHES AND AGENCIES AT ** Alexandria Honolulu Baugoor Bangkok Hsinking Bio do Batavia Karachi
Berlin
Bombay Calcutta
Kobe
London
Janting Saat
Franoiseo
Los Angeles Seattle
Manila Semarang
Canton
Dairen
Moji
Shanghai
(Dalay) Nagasaki
Singapore
Fengtien Nagoya Scerabeys
(Mukden) New York Sydney
Hamburg Ceaks
Hankow
Otara
Harbin
Paris
Hong KongPaiping
Tientsin
Tokyo
Tsingtao
Yinkow
Interes allowed on Current Aè-
counts.
Fixed
for Deposita received Periods at rates to be obtained on application.
3
Y. KANO,
By DeManager.
Hong Kong, 11th Sept, 1967.
BAIGON
BEMARANG
SEREMBAN
SHANGHAI
SINGAPORE
m
624 32 17
91
$8 cum, pf.
273
Case. J.I.
96
Canadian Paclic
71
Celanese Corpn. of
America
154
381
Cerro de Pasco ......
.
Corpn.
48
*+09
મ
Columbia 8% “A” pf.. 72" Commercial Credit 35 Commercial Solventa Commonwealth & 8. Commonwealth
cum,' pf. Consolidated Edison Consolidated Of Continental Of
71
21
$6
44 43
25
91
311
804
31
8
15
40%
1194
7+
Elec. Bond & Share 10%
642
58
Elec Power & Light 131 Elec Power & Light
$7 pl.
47
Flestone Tire & R Fiin kote
174.
fjen, Asphalt Gen. Cigar
35ł
45
Gen. Foods
327
234
101
521*
193
ཐནཱཊྚོ ནྟུཀྐནཱལཱ ཿཀྰ1 ཀྐ 3 * སྠཽཥྛཿ ཎྜཱནཱ ཙྪཱཊྛརྒྱུུ= 3ཀྐོབྷཱཝ ཙ བྲཱནྡྷཝeཏྟཱནཱ ཡྻསྶ 8 བྷནྟེ
***פ¤¤¤ õ9878; **
Dec. 21 22
251
J. R. Masson, Esq.
BITIAWAN.
K. S. Horrison, Esq.,
LOMPOR
BOURABAYA
271
Hon. Mr. J. J. Paterson,
KUCHING MADRA
TAIPING
T. E. Pearce, Esq.,
TİRSTEIN
691
69
A. L Shields, Esq.,
TONSKAN
461
461
Sir. Vandeleur M. Graybara,.
DH1
MEDAR
HAIPEONG
NEW TOKK
TSINGTAO
71
Chief Manager.
HAMBURG
PRIPING
104
101
HANKOW
Branches :---
Kennecott Copper.. Lambert Corpn."
391
383
HARBIN
114
11
Amoy
Iloilo
Peiping
Loew's Inc. Lorillard.
Maintyre Porcupine - McKesson & Robbins 31j
Monsunto
491
49
Bangkok
Ipoh
Penang
Batavia
Johore
Rangoon
LG
161
Bombay
Kobe
Calcutta
Kowlook
317
Canton
Kuala
Chemical 88
367 Montgomery Ward Murray Corpa.
68.
Chefoo
354
Colombo
Dairen
Nat Cash Registor - 161
161
Foochow
Not Dairy Products 133 Nat Distillers
137
Haiphong Manila.
21
211
Hamburg Muar Haakow
Nat Power & Light - 81 New York Central Niagara Hudson”, P.
Corpn......
8
201
19
81
aa
Accounts
North American Northern Pacioc Pacific Gas & Elec. Pacific Lighting
Packard Motors
81
8
124 117
261 • 20*
374
371
++
44
Paramount
101
- 101
Pennsylvania R.R.
23
221
Phelps Dodge
Phillips Petroleum.
40
39
34
Public Service of N.J. 334
324
Pullman Inc.
26**
Pare Ol
117
12
151*
Radio Corpn of Am. Republic Steel........ Reynolds Tobac, "g" 44 St. Joseph Lead Co. Schenley
6
61
191
182
441
254
252
Schenley 54% pt. ...
751
75
Sears Roebuck
.631
631
Shell Union Oil
18
171
Socony-Vacuum
151 158
Southern Cal Edison
218 211
Southern Paciac
227
213
341
Borthern Kly 5% pi.
148
134
Stud Branda
8
8
Stand
Gas & Elec.
51 . **
21
Stand Gas & Elec.
$7 pt.
264
28
Standard Ou of NJ
401
461
Paid-up Capital
Sterling Products
5
5
Reserve and Undivided..
Swift
International 243
241
Profits
2,776,790.76
Technicolor "
18
Texas Gulf Sulphur ·28)
173 28
Tidewater Assoc. QU
151
∙15)
Timken-Detroit Axle
111
11
Transamerica
27th Cent. Fox Filma
211
21.
20th Cent. Fox Films
28
27
Un, Carbide & Car
1183
bon
782
77
Un. Pacific.86)
831
United Aircraft
261
25%
Un. Airline TTANA-
port
7
71
Branches and Agencies :--
United Corpn.
31
31
Amoy
Kowloon Penang
United
Corpn.
Estaria
London
Вашуров
Bwntow
cum pf. ...
323"
321
Bombay
Marila
Balgon
Bydney
Ua. Gas Tprovem't 101
101
Chleutta Carbon
Haiphong
Tokra
Vn. Light & power
Takobama
"A"
3+
31
CANTON
SWATOW
Kabe
US Industrial Alco-
hol
211
207
US Rubber
27
26
Every description of Banking and Exchange business transacted,
44 i UB
Rubber $8, pf. 54
53
U.S. Stee!
811
591
Vanadium
171
161
Warner Bros Pict, ... 61 Westinghouse Kec. 112+ Youngstown Sheet
64
1081
and
Chinese Government both at Home"
SHOU J. CHEN
Manager.
* Tube
427 Chase National Ek 30%" 304* National City. Bank 201′ 264* Call Money rere
1% 1% 1 ex. div.
* Bid
414
||
Board of Directors.
1
Chairman.
G. Miskin, Esq..
Hon. Mr. M. T. Johnson,
Deputy Chairman, J. K. Bousfeld, Esq., A. H. Compton, Esq.,
8. H. Dodwell, Esq.,
MANCHESTER ·BRANCH: 71. Mosley Street, Manchester
AGENCIES-AND BRANCHES:
ALOR STAR ILOILO
ПРОН KARACHI
AMRITSAR
BANGKOK BATAVIA BOMBAY CALOUTTA CANTOR CAWNPORI
*****
KLANG
КОВЕ KUALA
OOLAKHO MANILA
(Bhuket)