12
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Sharebrokers' Association
FRIDAY,
*Buyssa Malioru
(Noma?a?
Bayere
Balleri
JAN. 21.
Tanks
iiii
ฟล Nomin
HONG KONG DAILY PRESS. SATURDAY, JANUARY 22, 1938.
THE EXCHANGE
MARKET
MESSRS. ROZA BROS.
-Silver prices dropped 3/16 yes- terday for both. deliveries, the quotations being 20 3/18 for Ready and 19 15/18 for Forward, Silver advices reported speculators having sold. Support was poor, The market was steady but quiet. American Silver was quoted at 44 3/4 for Spot I
The
($1,440.
€80
***
Eist
List
£39
£29
£14
214
$82
142
12
Insurances
$270
Canton Insuranos.
$268
1500
Union Insurancen .......
$505.
Underwriters
11
$395
International Axson, S.
718.
Shipping
556 $11,30
351
X div. 95,-
19.30
X div. 10/3
***
#4
}
1114
downs, ets.
#114
H.K. & K, Wharts.. Providents (ohi, ........
12
Do. (06) 20 c.
H.K. W. Docken. Shangnai Docks S. New Engineeriges S
$100
$3
H.K. Hotels
$8.75
11. Tania........
#31+
*[x]
14% Debentures
$100
Shanghai Lands....
imtropolitan Lands..
$4,30 $4.40
H.K. Baalties... $4.30
Chian Do .........
Do Debenturess.
SANT
Humphroy
18.8.
46
Chinese Estates.....
Cotton MIL
39
Ewoo
380
***
39
London-New York
BLA
cross- rate was quoted at 499.77. New York-London was quoted at 499.-
MARKET
Steady but featureless.
STERLING
There were sellers at 1/3 Jan.- March and 1/3 31/82 April, buyers at 1/3 1/32 Cash-March and 1/3 April
U.S. DOLLARS There were 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.
SHANGHAI DOLLARS Sellers at 105 3/4, buyers at 105 7/8 for Spot.
SHANGRAT MARKET "There were sellers of Sterling at 1/2 3/16, 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 and no business was re- ported.
STERLING
The market closed with sellers at 13 Jan.-March and 1/2 31/32 April-May, buyers at 1/3 1/32 Cash-March and 1/3 April-May.
U.S. DOLLARS
The market closed with sellers at 31 1/4 Jan-Feb. and 31 3/16 "March-April," buyers at "1718"Higher
respectively.
New York: January 19.
New York/London Crow rate Now York Cotton-Mar. New York Rubber-Mar. Chicago Whest --May. --Alay. Chicago Corn Winnipeg Whost-May. Silver-Official
1937
14.0 113.84 30 Industriala
643
50% 501
351
New York Central 183
Monsanto Chemical, 881 Montgomery Ward..
Murray Carpi
Nat Cash Registor 171 177
Amoy Bangkok Batavia Bombay Calcutta
Canton Chefoo
Colombo
Dairen
Foochow Malacca Haiphong Manila' Tamburg Muar
Hankow (Johore) Tokyo Harbin Mukden Tsingtao Hongkow 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, 10377-
HONG KONG SAVINGS BANK
HE Business of the above Bank is conducted by the HONG KONG & SHANGHAI BANKING CORPORATION, Rules may be obtained on application.
For the Hora KONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager.
Hong Kong, let March, 1937.
1
HAIPHONG.:
HAMBURG
HANKOW
HARRIN
1
NEW YORK
PEIFING
TOKOHAMA
(Peking) ZAMBOANGA PENANG
HONG KONG HANGOON
FOREIGN EXCHANGs and General Banking Business transacted.
CERRENT Accounts opened and FIXED DEPOSITS 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 claims re- Tax covery of British Income 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, FIN STREET,
NEW YORK.
An American Bank offering com- plete Foreign Banking Service the principal Markets of the world. Interest Rates on Application.
in
SAFE DEPOSIT BOXES
This Bank is entirely owned by THE CHASE NATIONAL BANE, NEW YORK, with Resources over U.S. $2,500,000,000.
D. M. BIGGAR,
Manager.
NEW
YORK STOCK EXCHANGE
(Through Eauter's Service)
QUOTATIONS
Last Tony
High Low Close
Close
Changi
4.99!
1/4 up
N48 9.10
4.43
07 of
H.K. Banks ********* $1,435
Bo. (London) ....... Chartered Banks... Mercantile Bks. "A"
Do.
Bank of East Asia... "N. C. & S. Barka...
60%
BI
14.85 14.80 [485*
90 601 Bui
1483
J's off
9:1
4/8 off
80
1/2 up
176) 195)"., 120)
44
2224
TH off
いい
unch.
HighLow Dow Jones Avarages.
Jan. 17.
High Low Close
Chauge
Board of Directors. G.. Miskin, Esq.,
192.49
139.98 180,88 131.51
96 of
$1.40 $1.45
$23 H.K. Fires..........
04.48 28.91 20 Rall 97,5419.54 20 Utilities
31.81
31.08 30.98 3106
90,95
11.08 10.6 20.78
1V6.98 91.44 40 Bonds
82.44 52.01
$1.65
il Commodity Index 5416
1,91 53.75
75 02 17 off 74 Of * off
Business Don0:-780,000 shares.
460
1101
141
Donglases were
Indo-Chinas (prof.)
atu ܙBbcndu
$43
Do.
(def.)
95/-
Shelis
19.30
Waterbonda
Mining
18/-
371
Kailans Rauba
T: +
stocra
Adams Express
Jan. 17 18
101
91
Stocks Great Northern Rly. 244
Allis Chalmers *** 501 Amer. Can
483
Great Western Bugar 314*
784
791
Holly. Sugar Corpo.
im. Car & Foundry
Humble, Of
Last Sale Jan. 17 18
BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorised Capital $30,000,000 Issued & Fully Paid-Up $20,000,000 Reserve Funds:-
Storling
..£6,500,000
HK Currency Reserve $10,000,000 Reserve Liability of
THE CHARTERED BANK OF INDIA AUSTRALIA AND CHINA Incorporated by Royal Charter 1853
HEAD OFFICE: LONDON: 38, Bishopsgate BC2
Paid-up- Capital.............................
Ranurve Wability of Pro- 13457
prietors
Proprietors.....000,000 Reserve Fund
Hend Office:-HONG KONG
Hon. Mr M: T. Johnson,
Deputy Chairman. J. K. Bousfield, Esq., A. H. Compton, Esq.. 8. H. Dodwell, Esq., J. R. Masson, Esq., K. 8. Morrison, Esq., Hon. Mr. J. J. Paterson, T. E. Pearce, Esq
AL. Shields, Brayburn,
Sir Vandeleur M.
"
*--- 23.000.000 £3.000.400
£3.000.000
MANCHESTER BRANCH:
71. Mosley Street, Manchester.
SALGOM
AGENCIES AND, BRANCHES: ALOR STAR ILOILO AMRITSAR IPOK BANGKOK
KARADI!
KLANG ROB
SEMARANG
KEREMPANG
BATAVIA BOMBAY
SHANGHAI
SINGAPORE
CALCUTTA CANTON CAWNPORE
€ 40
COLOMBO
KUALA
BIZIAWAN
LUMPUR
SOURABAYA
Ohief Manager, DELHI
KUCHING TAIPING
MADRAS
MKDAN
DIETSIN
TONGKAH
TSINGTAO
(Bhuket)
Chairman.
imer. Cyanamid ...
257
253
Int. 'Nickel
Yamazu ·la je Fida.
brt Hongkong wines
Bocks. Wharvos,
Amer. & For. Power Amer. & For. 37 pf
13
32
Int. Tel. & Tel.
29
211*
Amer. Locomotive
22
21
T
Amer. Metals
3A
. 342
Ing, Dept Stores Kennacott Copper Lambert Corpn.
72 117
401
131
Amer. Radiator
131
13
Loew's Inc. ......
51
$3.00
20 cts.
197
Amer. Rolling. Mill Amer.. amelting Amer. Steel Fdries.. Amer. Sugar
221
212
Lorillard
18
541
. 523
Mcintyre Porcupine
McKesson & Robbine. 33
·281*
29 *
tands. Hotels, and Bui dings
$6.20 $31.40
$0.30
Amer. Tel. & Tel 1451 Ame Tobacco "B" 10 Amer. Waterworks... 114 Anaconda Copper Atchison. T. & S. Fe.
1461 70
Branches:
Iloilo.
Peiping
Ipoh
Penang
Johore Kobe Kowloon
Rangoon
Saigon
San
Kuala
Lumpur
Francisco Shanghai
Landon
Lyons
Singapore Boarabaya
Sungei
Patani
Tientsin
114
35
342
Nat Dairy Products 15)
40
38j,
Nat Duillers
251:
Atlantic Refining
Nat Power & Light
71
“
Atlas Corpn. Auburn Motors
$3
87
52
51
agara Hudson P.
Baldwin Locomotiva
Corpn.
$7 cum. pf.
North American
10
Baltimore & Ohlo...
9%
91
Northern Paciac.....
121
Barnsdall 011
157
151
Pacific Gas & Mec. 277
Benal Aviation
Pacific Lighting
40
Bethlehem Steel
631 821
Packard "Motom
51
|
Boeing Airplane
33 341
Paramount
14
324
Borden Co.
184
18
Pennsylvania R.R.
231
227
$32
Briggs
M'facturing 25
241
Phelps Dodge
Brooklyn-Manhattan
Thillips Petroleum
391
$14
รา
CAFE E
H. K. STOCK EXCHANGE
12
VITANS
103
Public Service of N.3.
327
Brooklyn-Mannattan
Pullman Int......
36 cum, pf. ......
35+
34
Pure Oll
13
SAX.
$10.90
$24
$10,30
87.40
2
$53)
$10
85
$244
$10.35
...
$7,40
Case, J.L
911
92
Radio Corpn of am
7
Canadian Pacific....
76
74
Republic Steel
192
עין
Celanese Corpn. of
Reynolds Tobac. "B" 43)
America
18
171
St. Joseph Lead Co.
Kta
Cerro de Pasco
4341
424
Schenley
25
3571
$20+ $25) $8.35
23/0
24/
$1.70
3121 $4
1261
59/8
-་
$1.70 $124
+37
Certain-Teed P'ducts Chesapeake Chesapeake & Oblo 374 Chrysler Corpn. Columbia Gas & E Columbia" 6% “A” pi. Commercial Credit 38 Commercial Solvents Commonwealth & S
Schenley 54% 'pf.
783
Corpn. 451
45
83
Sears Roebuck
...37
Shell Unton Oil
173
80.
8+
60
Socony-Vacuum
151
82
Southern Cal Edison 237
78 *
78
Southern Pacific
201
377
Sothern Kly 5% pt. 13.
91
Stad Brands
9
11
11
Stand Gas & Elec.
41
Commonwealth SO
Stand Gas & Elec.
cum. pr. van- Consolidated Edison 237
36+
* 37
$7 pl
21+
233
B
94
Standard Olf of NJ. 50
Sterling Products
62
+71
321
324
Swift
International 263*
8347.
Nanyang Tobacco..
Sinceres
Watsonen kei S. C. Enterprises... CLG.521928G.JBda
H E. Gort, 4% Loans
Do, 21%
Com. Products Curtiss Wright (C.)' Curtis Weight "A" 18 Delaware & Hudson 16 Del. Lackawanna &
841
63
Technicolor
201
Satecribed Capital
Pali-op Capital.
Reserve Fund and kest.
St
51
Texas Gulf Bulphur 32
174
15
Tidewater A8502. O1
16
Bank, Ltd.
Timken-Detroit Axle
Transamerica
117
11
BRANCHES:
Western
71
71
231
37th Cent. Fox Films
23
Bangkok
грав
Bombay
Distillers Corpn Sea.
20th Cent. Fox Films
Colomb
grama
147
132
301 301*
pf.
Deth!
Douglas Aircraft .....
443
442
Galle
Un Carbide & Car-
Kuala Lipis
Kuala Lumpur
BanLOoD
Shanghal
Simla
117
118
7′′
bon.....
Union Insurance, $500, $505.
Electric Boat ...... 101
Ui. Pacide
861
Wharves $114.
Elec. Boud & Share Elec. Bond & Share.
Bt
81
United Aircraft.......
28.
49
47 *
Providents (New), 223 ets.
$5 pl.......
Un. "Airline Trans-
port
7
Hotels, $5.30, 351, $5.20.
Elec. Bond & Share
United Corna.
$
Humphreys, $3.85.
$8 pr.............
52
53
United Corpn.
Tramways,
$13.80. $13.90. $14, Elec Power & Light 111
117
cum of...**********
201
291
(British Wireless Service)
14.15.
Jan. 17
Pan, 18
Star Ferries, $81. $88.
Paris
Geneva
147-13/16
149-9/16
Berlin
21.031 12.40
21.633
12.401
Athens
China Lights (Old), $10.30. $10.35, $10.30. Electrics. $52. $52.70;
$524. $53. 3534.
$10.35,
Elec Power & Light
$7 pf.
49 1 Firestone Tire & R
ין
Un Gas Iprovem'i 104
481
Un. Light & power
"A"
3
با
17
162
08 Industrial Alco-
$52.85, Gen. Asphalt
hol
22
221
Gen. Cigar
243*
25
U.S. Rubber
291
281
Milan
941
95
Cements, $12.90.
Gen. Electric
US Rubber $8 pf. 584
57A
Copenhagen
Watsons, $5.10, $54.
Gen. Fooda
VA. Stee!
601
591
Stockholm
Shanghai
New York
4091
Amsterdam
8.97
4.90-13/18 8.97
Constructions, $14. “
QUOTATIONS
BUYERS
Gen. Motors
Vanadium
184
182
CHANGES (3.18 p.m.) CLOSING
Gen. Railway Bignal 25- Gillette Safety - Razor
241
Warner Bros Pict, .. 7
Westinghouse
Elec. 1081 104)
alladen
25
231
Youngstown, Shee
Vienna
Douglases, $57,
Gold Dust
Prague
1427
Steamboats, $101.
Helsingfors
Lisbon
.Hong Kong
Bombay
Docks, $28.
Providents (Old), $2.10.
Providents (New), 25 cts.
Hotels, $5.30.
Joodrich (BJ.) ...... 181 18
55. Goodrich $5 pf.
551* Goodnes
21} 214
་་
* Bid
Montreal
4.091
· Brussels,
Yokohama
29.55
4.99-13/18 29.641
Lands, $5.30.
Trams, $141.
Slus Cuttons(uldƒS,
Do
(now S.
Yong Sung-.... $.
Wing Op Partiles).
Ewe Cotton Rt. S.
Pabile Olities
Tramway*****
Poak Trams (old) ..:] $84.
Do. (a)...)
Star Ferries
Yaumati Forries....
China Light(old)...
Dn. De
H.K. Eletrica .................. Macno de
Sandakan Lights
Telephones (old)....
Do. (new).
#
Tractions.
Do.. (pref.)...
Industriala
Canton Ices
Camenta
Ropes ...
Miscellaneous
Dairy Farms....
Ch. B'tainmaata...... $
124
Constructions, (old)} šij
Do.
_{16W)
37
Lane Crawfords.......
$71
34
$6.6
$5.70 5
3103
par
#31
Wallace Harper ...
$100
$40
H.K Wing On
*35
S'haj
Do
s
Vibro Piling
S
18/9
2. (K)
170 cts.
Maramana ir v (kon.)
16 ots! Wm. Powelle
•Salan to Shanghai
LONDON EXCHANGE RATES
YESTERDAY'S
OFFICIAL QUOTATIONS
The declaration of a final divi- dend of $3.75 for Star Ferries, making $5.75 in all for 1937 as against $5 for 1936. has had a stimulating effect on the market. There is a general enquiry for all utility companies. shares with buy- ers showing more inclination to better their offers.
At the beginning of the week London sold H.K. Banks on the basis of £88 cum dividend. but there has since been an increas- ing local demand above this level. The Manila market opened, and at the close remains steady, with most quotations marked up on the week.
BUSINESS DONE DURING THE WEEK
HK Bank $1445..
Steamboats, $10.
Consolidated Of Continental Ou
gaña › ‡ 8 7 ¤×¤¤É 866 E88CE CERCE : 88 1987¶ RÉTESTEN.* **** * *
Belgrade....
Monte Video
Bucharest
Rio
Silver (Forward)
Silver (Spot)
War Loan
2-13/16
10)
19-15/16 31% 1024
Closing Quotations
January 21, 1938.
De LUDOS:-
Telegraphic Transfer.
Bank Bills, on demand 1/2
Gredita. four months'
Fight
OS BHANGHAI:-
On Demand
ON SINGAPORE....
O NEW YORK:-.
191
20-1/16 31% 102-9/16
J!
Bank Billa, on demand 30 15/18 Credits, 00 days' sight. 31 7/16
On Batavia:-
On demand.......
ON PARIB:--
"BBİ
Book Bills, on demand 9.25 Credits, 4 month' sight 9.85
1/1
1041
O sta
On demand
On demand in a 521
* damend
Du dazad':
BANGKOK :—
On demand is immun
Taingraphie Transfer..
181
32
Ban Ritman,
On demand..... Roveniane
Rate
་
29
....... 811
Bank Raying
annigan 1/31/18
303/16
Ferries, $854.
China Lights. $10.35.
Electrics, $534.
Cements. $13.
Ropes, $41,
Dairy Farms, $243. Ewos, Sh.401. Entertainments. $5.70.
BALES
Trams, $14.15. Feriea. $88.
Electrics, $534..
H.K. SHAREBROKERS' ASSOCIATION-
DUYERS
Underwriters, $1.14. Providenta (New), 25 cts. H.K. Docks, $271.
Lands; $31k.
Star Ferries. $86.
China Lighta (Old), $10.35.0. Ching Lights (New), $7.40.
THE MERCANTILE BANK OF INDIA, LIMITED.
Head Office:-15, Gracechurch Street. London, ECA Authorised Capital
BANKERS:
23,000,000
£1,000,000
The Bank of England and Midland
Calenta
Itongkong Howar
Kaantan
Kandy
Karachi
Kota Bharu
Midewa New York POOLDY
Singapord
Kania Treniravu HONGKONG BRANCH. Every description of Banking and Exchange basiness transacted.
Traylor Cheques ed. TRUSTEE ÁND EXECUTORSHIF UNDERTAKEN. CURRENT ACCOUNTS opened in · Local Cur redes and FIXED DEPOSITA received is Local Currency, STERLING & U, 8, DOLLABS on terms that may be ascertained an application.
D. BENSON
Manager.
BANK OF EAST ASIA, LIMITED
"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 numerons 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 Vfice: SHANGHAI
Hongkong Branch:
4, QUEEN'S ROAD, C.
South China Offices: CANTON.: KONGMOON SWATOW
TOISHAN SHIUCHOW KINGCHOW
We also handle the issue of Bends and other Public Funds of the Chinese Government both at Home
SHOU, J. CHEN
Hanager.
Authorised Capital ...810,000,000.00 and Abroad. Paid-up Capital
5,508,600.00 Reserve and Undivided
Profits............................... 2,776,728.76
& Tube 12JALISTEL 412 414 Chase National EL 34 * 331* Head Office:-HONG KONG National City Bank 281* 273* No. 10, Des Voeur Road, Central. Call Money
1%
* ex div.
PHILIPPINE MINING
NEWS
PUGO MINING Company had Tuba.
1%
Benguet, Mountain Pro- which have been セロー exploration for the past years. Several tunnels
Board of Directore:--
Bir Bhouson Chow, Chairman
Li Koon Chun., Esq. Li Tan Sang, Esq. P. K. Kwok, Esq. WongChnson, Esq. Wong Yun Tong,Erq. Kan Ying Po, Esq Chan Ching Bhek Fung Ping Wah, Esq.
Esq
Kan Tong Po, Esq., Chief Manager. Li The Fang, Esq., Manager.
Manila
Binaton
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 Rangoon Bangkok Hainking Rio da
Karachi Janeiro Kobe Bombay London Calcutta
Batavis
Sandy
Bombay
Cation
Kowloon
Branches and Agencies :-
Penang
Fotky
London
Bwitte
by dany
Berlin
Talboer
itato
Tokyo..
Vancouver Canton
Yokohama
Melbourne Fran
Balcon
Nagasaki New York Sanctio
disco
Sectaring Bhangha Palping Hingapore
Gesica Paria
820
Francisco
Los Angeles Beattle Manile Bemarang
Dairen Moji
(Dalny) Nagasaki Bingapore
a special meeting of stockholders vince. recently at the Mapua Institute of der Technology for the purpose of five hearing the report of the mine have" been opened and tid-Entarik superintendent. Activities of the vanced to more than 4,000 feet in la company, for the past year and re- depth, according to the manager. hoz Bults of the work was the principal Encouraging results were obtained Hankow part of the report. The company on the work; as a result, the com- ob has 74 gold lode claims located in pany has just recently installed
Every description of Banking Fengtien Nagoya two compressors to push on de- velopment work Pugo Mining is and Exchange business transacted.
Loana granted
approved Hamburg Osaka capitalized at P300,000 with a par
| securities...
Hankow Otar value of ten centavos per share.
Current Accounts opened in Local Harbin Paris Officers are Tomas Mapná, press-Currency and Fixed Deposits re- Hong Kong Peiping Vinkow dent: J. M. de Santos, vice-prési-ceived for one your or sharter. Interest allowed on dent: Rafael F. Roces, treasurer; periods in Local and Foreign Car-Accounts. Dr. Comello C. Cruz. manager;renpies on terms which will be Manuel R. Revilla, Mariano Tirons, quoted on application.
Electrics, $531. Cements, $12.80. Antamoks, 84 cta. Maramin HK, 3/3
SELLERS
Providents (New); 30 cts.
SALES
Trams, $14.18, rath 8tar Ferries, $86. China Lights (Old), $10.30.
J. M. Evangelista, directörs. Hilario
P. Reyndra, is the secretary of the corporation.
Shanghai
Soorabinya
(Mukden) New York Sydney.
Tianteir Tokyo
Tsingtao
Current
on application.
Safe Deposit Boxes To Let. KAN TONG PO,
Chief Manager.
Deposita
for received
Fixed Periods st rates to be obtained
Y. KANO,
Manager. Hong Kong, 11th Sept,,"" 1937.