Bayazi Bellera
12
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Sharebrokers
Association
THURSDAY.
Valen
NODIGAL
Bay
Pattern
Balne
Xamina
JAN. 20.
$1,42551,445
FAA
2197
229
£14
182
BABKI
H.K. Bauks
Do..(Londor
Chartered Banks... Mercantile Bks. "A"
Do.
1,423 $1,440
Bank or East Asia....
N. D. & S. Banks...
Insurances
1270
Canton inars/1000..
$500
3505
Union Insurances ...
Underwriters
1.10
$235
H.K. Fires
International Aruce, 7.
HONG KONG DAILY PRESS, FRIDAY, JANUARY 21, 1938.
THE EXCHANGE
MARKET
MESSRS. ROZA BROS.
Silver prices rose yesterday to the extent of 5/16 for Ready and 1/4 for Forward, the quotations being 20 3/8 and 29 1/8 respec- advices reported tively. Silver
€30 £12)
**
218
214
$82
some bear covering. The market was steady closing with no payers but there were sellers at the rate.
TH
32
$268
JOB
$226
American Silver was quoted at 44 3/4 for Spot.
cross-
The London-New York rate was quoted at 409.87. New York-London was quoted at 499.– 7/8.
NEW YORK STOCK EXCHANGE
New York: January 18.
(Through Router's Service)
New York/London Cross-rate. New York Cotton-Mar. " Now York Rabber-Mac. Chicago Whest Chicago Corn
Winnipeg Wheat-May, Silver Official
1037
QUOTATIONS
--May. May,
161 81
9
East Today's High Low Clos Close
4991 4.891 8.40 8.40
8.43 14.85 14.80 1483*
96 Bot 15 123 125†
Changt
1/4 MP .07.off
14,63 96
.4% off
bia of
503.
1/8 up
12:48
+42
7/8 off unch.
High Low Dow Jones "Averages 194.40 113.84 $0 Industrial
Jan. 17.
132.49
High Low Close 139.98 130.88 131.53
Chauze .96 of
84.46 25.91 to Hails
31.81
31.88 30.90 31,46
-:75 64
Chairman,
17.54 19.54 20 Unites 105.89 91.54 40 ́ Bonds
82.44 59.01
20.95
91.00
20.65 20.78
.17 off
Hon. Mr. M. T. Johnson,
91.65
Shipping
11 Commodity Index $415.
90.91 83.75
174 off ,4u off
J. K. Bousfield, Esq.,
MARKET
Business Done:—780,000 shares,
A. H. Compton, Esq.,
355
Dougla
$55
Dull.
9. H.. Dodwell, Esq.,
STON
Steamb
11,30
List
J. R. Mason, Esq.,
BANKS
HONG KONG AND SHANGHAI 'BANKING CORPORATION
Authorised Capital $50,000,000 Issued & Fully Paid-Up 820,000,000 | Reserve Fanda:-...
Sterling
.........................£6,500,000.
H.X. Currency Reserve $10,000,000 Reserve Liability of
Proprietors
$20,000,000
Head Office:-HONG KONG
Board of Directors. G. Miskin, Eaq,,
THE CHARTERED BANK OF INDIA AUSTRALIA AND CHINA Incorporated by Royal Charter INST
HEAD OFFICE:,LONDON: 38. Bishopsgate EC.2.
Paid-up Capital.
'Reserva' Funa
........ 3.000.000 ................ £3.000.000
£3.000.000
Reserva Lability of Pro- prietors
· MANCHESTER BRANCH: 71, Mosley Street, Manchester.
AGENCIES AND BRANCHES: ALOE STAR ILOILO
AMRITSAR
BANGKOK BATAVIA
BOMBAY
KLANG
KORE KUALA
BAIGON
SEMARANG
IPOX Deputy Chairman,
KARACHI
SEREM DANⱭ SKANGRAI
SINGAPO±2
151
Indo-Chinas (pret.)
101
143
Do.
(def.)
43
96/4
Sholla
X div. 98/3
19.30
Waterbosta
CONZAL
jox.div. 16/3
事
114284
13
**
10 at
Godowns, 'ete.
#114
$3.05
211 ctm.
Do.
$274
Mining
Kainos ......
Vetiveria istid Fide.
"Bôngkong Mines...
Docks, Wharves,
H.K. & K. Wharves.
Providenta (old)
(new) 20 e. H.K. & W. Docks
Shanghai Docks S. New Euginoorings S. Lands. Hotels; and│
$9.30
STERLINO
There were sellers at 1/3 Jan.- March and 1/2 31/32 April, buyers
at 1/3 1/32 Cash-March and prob- Amer, Can
Stocks Adama Express
Jan. 17
18
101
97
Stock Great Northern Bly. Mì 232
Jan. 17 18:
E. S. Morrison, Esq.,
Hon. Mr. J. J. Paterson,
Allis Chalmers
501
487
Great Western Bugan $14*
31
T. E. Pearce, Esq..
781
704
Holly Sugar · Corpn.
A. L. Shields, Esq.,
ably 1/3 April.
1
::::
X div.] 10/3
Am. Car & Foundry —
Humbis On ‚..
Bir Vandeleur M. Grayburn,
CALOUTTA DANTON DAWNPORK CKET COLOMBO DELHI
SITIAWAN
KUMPUR
KUCHING KADRAS
MANILA
TONGKAH
MEDAN
HOURABAYA
TAIPING
TINTS IN
(Bhuket)
641
643
$8
14
US, DOLLARS There were sellers at 31. 2/4 Jan.-Feb. and 31 3/16 March-
..
Amer. Cyanamid 251
253
Int Nick
501
Chief Manager, HAIPHONG
NEW YORK
TSINGTAO
501
Amer. & For. Power
34
34
Int. Tel. & Tel
62
Branches:-
12.05
3114
25 c.
5271
$100
$3
Bus dings
16:30 $31.40 $31)
$1,30
H.K. Hotals
$5.10
H.K Land..........
$316
$10
Do. 4% Debentures
Shanghini Landa...d.
3100
Metropolitan Lands..
$43
H.K. Rossities......... $4.30 Chins. Do -......................de)
Debentaires S
38.95 Humphreys .....
Chine Estate
SIDI
#14]
$8.30
24/
22/9
Do.
$1.70
$18.70
#31
::
$132
Watsons
Tramways »umma
Peak Trains (old)...
Do.
Star Ferries ............ Yaumati Ferries...
China Lights (old)...
Do. (new).
Rts Do.
H.K. Electrics
Macao do.
Sandakan Lights ....
$25 66 Telephones (ald) ....
Do. (DOW) 100
Tractions --
(pref.).....
Industriala.
Cagton Icon
Cerponta
Rupe...
Miscellaneous Dairy Farm... Ch.
Constructions, (old)
Do.
(DOW)
Lane Crawfords......... Sanyang Tobacco.,
Sinceres. --*-*
8. C. Enterprises ...
647. CuG.52.19860, #Bda.
H.E. Gort. 47 Loans
$80
Cotton Milla
19
361
Shu Cotton fot;S.
355
D.
Zoong Suns
.... S.
Wing On l'extiles(S.) Evo Cotton Rts. S.)
Public Utilities
$32
310.20
$64
131
$40
324
$10.30
$10.35
$7.40
(new)...
དྷྭ::
*353
VMATA
$1,40
*:
Par
Do.
Wallace Harper
140
BK Wing On
1.
S'hai Do
15
Vibro Piling
(H.K
fox, inti
1ཀཽ 1 1 ཨཀྴ་ཀླ2 1: z3དྡྷིདྡྷི8 5 མྦྷ།།སྦྱོ
::
161
134
1801
$10,30
April, buyers at 31.5/16 Cash-Feb. and 31 1/4 March-April
SHANGHAI DOLLARS Sellers-at-103 3/4, buyers at 105
1/8 for for Spot.
SHANGHAI MARKET There were sellers of Sterling at 1/2 3/18. buyers at 1/2 7/32 for Spot. U.S. Dollars. sellers at 29 17/32. buyers at 29-19/32 for Spot. IN THE AFTERNOON
The market was quiet in the afternoon.
STERLING
The market closed with sellers at 1/3 Jan.-March and 1/2 31/32 April, buyers at 1/3 1/32 Cash- $8.81 March and 1/3, April.
U.S. DOLLARS
$13.85
The market closed with sellers at 31 1/4 Jan-Feb. and 31 3/18 March-April. buyers at 31 5/16 Cash-Feb. and 31 1/4 March-
April.
H. K. STOCK · EXCHANGE
Amer. For. $7 pf.
22
214*
Int. Dept Stores
11
114
Amoy
Doilo..
Peiping
Amer. Locomotive
22
21
Kennecott Copper
407
40.
Bangkok
Ipoh
Penang "
Amer. Metals.
36
342
Lambert Corpn. ......
124
121
Batavia
Johore
Rangoon
Amiez. Radiator
131
13
Loew's Inc. zimana
51
50$
Bombay
Kobe
Saigon
Amer, Rolling Mill..
221
213
Lorillard
18
178*
Calcutta
Kowloon
8&d
Canton
Kuala
Amer. Smelting
541
521
McIntyre
Porcupine
Chefoo
McKesson & Robbins 33
Lumpur
Shanghai
327
Amer. Steel Farles, Amer. Sugar
Colombo
London
Singapore
281*
. 63
Amer. Tel. & Tel... Amer. Tobacco."" 701 Amer. Waterworks
1461
1461
Monsanto Chemical 881 Montgomery Ward
37...
Dairen. Lyons
Sourabaya
351
351
Foochow
Malacen
.70
Murray Corp.....
Haiphong Manila
Sungei
Patani
111
114
Nat Cash Registor 171
Hamburg Muar 172
c.
Anaconda Copper
35
34)
Nat Dairy Products 15
151
Atchison, T. & B. Fe.
40
381
Nat Distillers 2........ 2511
-203
Atlantic Refining... Atlas Corpo,
Nat Power & Light
7+
7
Hankow (Johore) Harbin Mukden Hongkew New York
Tientsin Tokyo Tsingtao Yokohama
87
} New York Central........
181
180
Auburn Motors.......
51
51
Niagara Hudson. P.
I
Baldwin Locomotive
Corpn.........
77
72
$ cum. pf.:
North American
10
91
Baltimore & One...
91
91
Northern 'Pacidic
121
124
Barnadal O
152
151
Pacific Gas & Blee
274
274
Bengix Aviation
Pacific Lighting
40
321*
Bethlehem Steel
031
624
Packard Motors
5+
51
Boeing Airplane
341
341
Paramount
113
11
Borden Co.
184
181
Pennsylvania R.R 231
-
227
Briggs
M'facturing 25
241
Phelps Dodge ........
www.
Brooklyn-Manhattan
Phillips Petroleum 391
Trans
12
101
Public Service of NJ.
821
3914 32*
Brooklyn-Manhattan
Pullman Inc.
$8 cum, pf.
351
34
Pure Ou
13
Case, J.1...
91+
92
Radio. Corpn of Am.
2
121 67
ཨེཎྜ་ཁ་།ན་ན
Canadian Paclic....
7+
71
Republic Steel
197
191
any
$1,70
YESTERDAY'S OFFICIAL QUOTATIONS
Rises have been registered in a
few stocks, but the volume of business passing remains" "small. Market closes on the steady side.
Mandia also remains
fluctuations
steady.
within narrow Hults.
BUYERS
H.K. Bank, $1425.
Union Insurance, $500.
Douglases, $55.
HK & W. Docks, $271.
Providents (New), 20 cts.
A & S. Hotels, $5.20.
H.K. Lands, $31.40.
H.K. Tramways, $14.
Celanese. Corpn. of
Renoles Tobac. “B”
431
427
America
18
171
St. Joseph Lead Co.
Cerro de Pasco
4341
421
Schenley
251
231
CertainTeed P'ducts
Schenley.6% pf. ...
781
·791
Chesapeake Corp 451
45
Bears Roebuck
83
62
Chesapeake & Ohio 37 Chrysler Corpn.
37
shall Union Oil
171 171
BOJ
60
Socony-Vacuum
151
151
fairly
being
Columbia Gas & EL 81 Columbia 6% "A" pf... 78 * Commercial Credit 38 Commercial Bolventa Commonwealth B. 11 Commonwealth $0
B1
Southern Cal Rdison
231
78
Southern Pacine
201
201
Francisco
Current Accounts opened in Local Currency and Fixed Deposits received for one year or shortor 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 Lôt..
Hong Kong: 12th May, 1937.
HARDIN
PRIPING
YOKOHAMA
(Peking) ZAMBOANGA
PENANG
HONG KONG RANGOON
FOREIGN EXCHANGE and General {Banking Business transacted.
HONG KONG SAVINGS BANK
THE Business of the above Bank is conducted by the HONG KONG & SHANGHAI BANKING CORPORATION, Rules may be obtained on application. Į For the HONG KONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 1st March, 1837.
រ
AL
CURRENT ACCOUNTS opened and FIXED DarosIts received" for One Year or shorter periods at rates which will be quoted on applica- tion.
The Bank's Head Office in London undertakes Executor and Trustee business, and alaims_re-
of British Income | Bovary
Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.
R W. ROBERTS,
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 Rates on Application.
BAFE DEPOSIT BOXES
This Bank is entirely owned by THE CHASE NATIONAL BANK, NEW YORK, with Resources over U.S. $2,500,000,000,
D. M. BIGGAR,
Manager.
HAMBURO
HANKOW
373
Southern Kly 5% pf.
13
12
9
મ
Stood Brands..........
9
9
-cum- pfi autem a man's
Consolidated Edison 231
Consolidated Ol
Continental Of
Com Products ....... 04
Curtiss Wright (C)
Curtis Weight "A"
Delaware & Hudson 161
Del. Lackawanna &
1103
Peak Trams (Old), $64.
}... Western - CANN
$100
Distillers Corpn 'Bes.
t:
grams Douglas Aircraft
Du Pont...
18/9 Maramans Ir v. (Lon.);
98
Is cia Wm. Howelly
Sales to Shanghai
LONDON EXCHANGE RATES
Electric Boat........ 101
Elec. Bond de Share
70 cta,
Elec. Bond & Share
Dairy Farms, $24.
$5 pidada
Elec. Bond & Share
$5 DL.
Elec Power & Light 11.
Paris
Geneva
Berlin
Prague
Brussels
(British. Wireless Service)
Jan. 17 147-13/16
Pan. 18 -149-9/16
21.631 12.40
21.833 12.401
Athens
Milan
041
95
Copenhagen
Stuckholm
Shanghai
New York
4 091
Amsterdam
8.971
4.99-13/16 8.97
Vienna
142)
Helsingfors
Lisbon:
flong Hong
Bombay
Montreal"
4.991
29.55
Elec Power & Light
shy pf.
FRestone Tire & R
17 Flinthote
Gen. Cigar
Gen. Electric........
Gen. Foods
Gen. Motors
Gen. Railway Signal 25
$10.30.
Gillette Bafety Razor
Gidden
Cold Dust
Goodrich (BJ)
Goodrich $5 pt. Good rear ......
Yokohama
Belgrade,
Monte Video
Rio...........
Bucharest
Sliver (Spot)
War Loan
Silver (Forward)
On LONDON:-
4.99-13/16 29.54
2-13/16-
-191
19-15/16 31% 1021
194
Closing Quotations
Juary 20, 1938
ON A YORK!-
20-1/18 31% 102-9/16
Star Ferries, $81.
China Lights (Old), $10.30:
HK. Electrics, $523.
Macao Electrics, $19).
Telephones (Old), $8.35.
Cements, $12.70.
HK. Ropes, $4.
Watsons, 351.
Entertainments, $51. Contructions, $i}.
SELLERS
HLK. Bank, $1445. Union Insurance, $505.
H. & S. Hotels, $5.30.
H.K. Lands, $311,
H.K. Tramways, $14.20. Peak Trams (New). $31... Sandakan Lights, $14). Canton Ices., $1.70. SALES China Lights (Old), Watsons,' $54,
TOO MUCH WHEAT
Return To Catastrophic Conditions Feared
London, Jan. 19. A gloomy view of the wheat pros- pecta is taken by the Secretariat of the Wheat Advisory Committee, which, after an exhaustive survey of the situation, concludes that in view of "the absence of concerted effort to deal with the problem of surplus wheat production, a return to the catastrophic conditions is inevitable."
If world consumption was main- Bank Billa, on demand 30 16/18 tained at recent levels it would fall Credits, 60 days': sight. 31 7/16 short of the current production by
.10 per cent. Bank Billa, on demand 1/2 ON BATAVIA PIA
Telegraphic Transfor.
Credits four months'
sight
OF BELMORAL :----
On Demand
On demand
ON JAPAN:-
On demand
Telegraphic Transfer..
DAL
Bank Bills, on demand 9.20 Credita, & month's night 9.80 -
....* A11
On demand
O PARK:-
Ver
104)
ON BAIGO
On demand
-ARĮ.
›ON MANILADI
On demand
(BANGKOK-
On-demand
Gen. Asphalt.
PHILIPPINE MINING
NEWS
ACOP GOLD Mining Company, the corporation that as the board has clarified the report that the of directora acts on the recom- temporary suspension of the work mendation of the mine superinten- on its property in Benguet, Moun- dent for the purchase of blowers, tain Province, was due to the fact work will be resumed early this that the tunnels in the mines are | year. now very deep and the air is bad.
Negotiations for the purchase of it was learned from the office of blowers are now being considered by the management. The officere
and the Food Research Institute of of the corporation are Enrique J. 350,000,000 and 550,000,000 respec-Montilla, prealdent; Dr Beverino B. Alberto, vice president: For- tively.
tunato de Leon, secretary: Felbr M. Gonzales, treasurer; and Mar- ciano Almario, director. The com- pany will develop 30 gold lode clafins which are under the opera tion and management of the Mon- tilla mining interests. It is cap- italized at P300,000 with a value of P.10 a share.
Low wheat prices do not carry their own curse, as experience in the past decade showed, when low' World net exports in the next prices caused the extension of only | few years would not exceed an the animal, and not the human average of 550,000,000, which fore consumption:
cast was most likely to prove too The Secretariat estimates that high, rather than to the contrary, the 1937-38 world, net exports at but it ignores the possible accumn- 620,000,000 bushels, as compared lation of reserve stocks in certain with the estimates of the Inter- European countries- seminterespetoma 1/31/16 | national Institute of Agriculture,. Reuter.
And
ROVERZICES Bank Baying
Bate
612
par
Authorised Capital ....$10,000,000.00 Paid-up Capital 5,596,800.00
2,776,796.70
Head Office:-HONG KONG No. 10, Des Voeux Boad, Central.
Board of Directors : --
Sir Shouson Chow, Chairman Li Kenn Churt Esq. Li Lan Hanz, Faq. P. K. Kwak. Esqi WongChaßon, Esq, Wang YunTong, Beq. Kan Ying Po, Chan Ching Shek Fung Ping Wah,
Esq.
Kowloon Pasang Barabay London Rangoon
Owaton Balgen Bytmy Melbourne San Fran. Taiboku
cisco Tintain
Tokra
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 pumerous 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. Č
South China Offices:
CANTON Yagouver
Shanghai Yokotams
Every description of Banking
and Exchange business transacted.
SWATOW
KONGMOON
TOISHAN
KINGCHOW
We also handle the issue of Bande
Loans granted од approved and other Public Funds of the securities.
“Current Accounts opened in Local
Chinese Government both at Home.
Currency and Fixed Deposita re- and Abroad. ceived for one year or shorter
periods in Local and Foreign Our
rencies on terms which will be i quoted on application.
Bafe Deposit Boxes To Let. KAN TONG PO,
Chief Manager.
BUYERS
China 'Lights (Old); 104:
SHOU J. CHEN
THE YOKOHAMA SPECIE BANK
LIMITED
Capital (fully paid up)
You 100,000,000.00 Reserve Fund Yen 134,400,000.00
Head Office:YOKOHAMA
BRANCHES AND AGENCIES AT: Alexandria Honolulu Bangoon Bangkok Hainking Rio Ho Batavia Karachi Janeiro Berlin Kobe
Вад
Francisco
Banks, $1425,
Underwriters, $13.
Electric, $521.
Entertainments." $5.55.-
Bombay
- Providents (New), 20'cts.
Calcutta
Peak Trams, Đ
Canton,
Dairen
Constructions $11.
Watsons, $5‡..
Vibro Ping, $6. Consol. Minės. 2 cts. Antamoks, 84 ets..
SELLERS
China Lights (Old), $10.35. Banks, $1435. Hotels, $5.25
SALES China Lights (Old), $19.35. Consol. Mines, 2 cts.
London
Los Angeles Seattle
Manila Semarang Moji
Shanghai
(Dalny) Nagasaki Singapore
Fengtien Nagoya Soerabaya
(Mukden) New York Sydney
Hamburg Osaka
Hankow Otaru
Harbin
Tientain
Tokyo.
Paris Tsingtao
Hong Kong Peiping
Tinkow
Interest allowed on Current Accounts.
Deposits received
for Fixed
Periods at rates to be obtained
on application.
KANO,
Manager
Hong Kong, 11th Brok, 1937.
Stand Gas & Elec.
41
BANK OF EAST ASIA, LIMITED.
Bland Gas & Med.
381
37
Spl.....
213
214
231
Standard Oil of N.J. 50
494
95
92
Sterling Products
321
Swift International 201
20
Reserve and Undivided
Profita
Technicolor mer
201
: 201
51
Texas Gulf sulphur
327
334
171
Tidewater. Assoc. Oll
15
15
16
Timkan-Detroit, Azle
Transamerica
117
11
71
29th Cent. Fox Filme
231
23
20th Cent. For Puliná
147
131
pt.
301*
304"
Exper
441
441
un. Carbide. & Car
117.
119
bon
W
77
Esq.
.97
Un Pacifc
881
851
Kan Tong Po, Kaq. Chief Manager.
BI
81
United Aircraft
254
Li The Fong, Esq., Manager.
Un. Alzline Tranz-
די
49
47 *
part
Branches and Agencias :~
United Corpn.
3
Lowry
53
Pataria
United
Corpn.
Bombay
Manila.
111
* cum-pi.
291
Un Gas proven't 104
291 101
Calcutta
Canton
Kaiphong
Saw York: Deschle
401 481
On Light & power
Kantow
Onka
Semarang
Honolulu
Parli
3
27
Kobe
Falping
Singapore
U.A Industrial Alco-
SHIUCHOW
امر
22
22
243*
231
US Rubber
201
284
431
431
US Rubber $8 på 581
331
33+
US Steer
30+
351
Vanadium
184
-181
241
Warner Bros Plet,
-7°
.67
Westinghouse
Elec. 1061
1044
Manager.
23
Youngstown
Shem
& Tube
417
414
55 211
18018- 56F 211
Chase National Ek. 34 *
331*
National City Bank 291*
271*
Call Money
tex, dlv.
1% * Bid
H.K. SHAREBROKERS' ASSOCIATION