HEZ
£14
$2824
1815
*1515
$1.40
·3840
+1,45 $240
4+
$594
$11
561
142
.93/9
$0.30
!
12
DAILY SHARE QUOTATIONS Hong Kong Stock
'Bare Balleri
$1,800 OD
$!!!!!!
!!!!!!
miga mg
Exchange
lex.div.
£94
SATURDAY, FEB. 20.
Bank
H.K. Banks
Bo. (London)
Chartered Banks ...
ee
$1,500
£94 2131
Marcantile Bk "A"
£20
Do.
214
Bank of East Asia... 185)
N. O. & S. Bar'ka ...) Insuranceg
$2
YESTERDAY'S
OFFICIAL QUOTATIONSTM
Prices still show improvements generally and the tendency is up- wards. Banks have buyers at $1600 and Unions at $520; Hotels are wanted at 6.75 Realties at $5.70, Watsons at $61 and Light (Old) at S12.
New York/London Cross mile New York,Cotton-Mar. New York Rubber---Mar. Chicago Wheat--May. -May. Chicago Corn Winnipeg Wheat-May. Silver-Otioial
HONG KONG DAILY PRESS, MONDAY, FEBRUARY 28,
H. K. STOCK
Sharebrokers* Association
EXCHANGE
5allære Buyers
Ade Marilus,
1938.
NEW YORK STOCK EXCHANGE
(Through Kanter's Service)
QUOTATIONS
New York; Fobrasry 27-
Last High Low Close
5.01) 9.13 9.11 9.12 15.00 14.91 15.00
Today's Cloar
Change
3.09-3/10 1/4 of
9.11
01 of
Reserve Funds: --
14.95
.10 off
941
93
94
1/8 off
Sterling
...£6,000,000
45
BANKS
HONG KONG AND SHANGHAI
BANKING CORPORATION
850,000,000 Issued. & Fully Paid-Up 820,000,000
Authorised Capital
THE CHARTERED BANK OF INDIA AUSTRALIA AND CHINA Incorporated by Royal Charter, 1853
HEAD OFFICE: LONDON: 38, Bishopsgate EC.2
591 · 191 182
DO
5/8 04
197
1282
1281
1/2 of
1937-
Canton Insurances..
Union Lauran006 ...
$280
3610
BUYERS
944 59.0.1 it
Utilities Bonds Commodity index 64.84
.unquoted
Close High
High Low Low Dow Jones Averages, 194.40 113.84 30 Industriais
131.81 130.99 131.56 8146 27.08 90 Rails 37.54 18.95 20 103.89 89.74 40
H.E. Currency Beserve $10,000,000 Reserve Liability of
Proprietors
Pald-up Capital...
£3.000.000
$20,000,000 | Reserve Fund
£3.000,900
Feb. 25.
131.68
Change .5%, of
30,40
30.66 30.29 30.99
21 off
50.90
20.28 0.13 20.18
91.70
Underwriters
$1.40
H.K. Fires.asser
4+1
1240
Shipping
Hong Kong Bank, $1600 c.d. Bank of East Asia, $85.
01.59 34.33 Business Done: -300,000 shares.
.02 ott 20 c 15 off
Board of Directors. T. E. Pearce, Esq.,
Douglasoa.
$501
Canton Insurance, $262).
STOCKS
Last Sale
STOCKS
Last Sale
Feb. 25.
26.
Feo, 25.
26,
Steinbats
$11
Indo-Chinas (prof.)
$31
Do.
(dot.)
343
Shella sek
93/11
Waterhouts
******** 1$9.30
Alloing
15/6
Kailans
10 ot.
$179 *$2.00 $3
90 c. $29.60
$130
$130 ₤2.871/05
13.
292/60
1331
16.60 $337
...
Hotel
K and
1000 17
$5.70
5.60 70
SHI
**
$171
$70
-$61
13
$11,90
1597
104
$281
39.70
:: :
***
J
$14.95 $15.10 15
37
398
Risube ...
Venozunk and Ful-.!
"Hongkong Mines
Docks, Wharton,
Godowns, ste.
H.K. & K. WarTOR.
Providents (ol ... $2.90
(new) 9) c. Do.
$29 H.K&W. Docks
Shangasi Docks S. New Engineerings S. 12
ands, Botals, and
$83+ $25.35
Bui dings
***
***--- $6.60
834
Do. 1% Dabentures Shanghal Laude.... Metropolitan Lands..
H.K. Kalbies........................ Humphreys ....... Chicas Estates.................
Cotton Mill
S'hat Cutts....... Zaming Sinks. WingOn Textiles(S.) Ewo Cotton Rta S.
Pablle Utilitlem
Tramways.....................$14,90 Poak Teams (ulei). 16
Do. (new)... $3
Stär Ferries
Yaumati Ferries
Chins Lights (old)... $11 83
Do. (now)...) $8
Do. Rui
H.K. Electric******
Macap do.
www.
Saudakan Light.... Telephones (old) ...
Do.
!!!!
13/6
$129
$3.00 287/90
90 c.
$85
13
*1/30
$6,80
$100
#8 20
$3)
Union Insurance, $515. China Underwriters, $1.40. H.K. Fire Insurance, $210. Union Waterboats, $9.30. H.K. & K. Wharves, $120. H.K. & W. Docks, $29.60. Providents (Old), $2.00.
H. & S. Hotel. $61.
H.K. Lands, $33).
H. K. Realties. $5.70. Chinese Estates, $86.
H.K. Tramways. $14.95. Peak Trams (Old), $81. China Lights (Old), $11.80. China Lights (New), $81. H.K. Electrics, $592.
· Macno. $19].
Telephones (Old), $261.
Telephones (New), $9.70.
Cements, $14.90.
HK. Ropes, $1.60.
Adams Express Alleghany Steel Co.
10
10
Humble Oli ...........
63
69
Hon. Mr. M. T. Johnson,
Head Office:--HONG KONG
Chairman.
Hon. Mr. J. J. Paterson,
Deputy Chairman, J. K. Bousfeld, Esq., A. H. Compton, Esq...
Hon. Mr. S. H. Dodwell,
MANCHESTER, BRANCH;
71. Mosley Street, Manchester.
AGENCIES AND BRANCHES: AL AR
AMRITSAR |HANGEOK.
BATAVIA BOMBAY
ILOILO
CALCUTTA KUALA
SAIGON
Reserva Liability of Pro-
priators...
£3.000.000
173
173
Int. Nickel
521
52
J. B. Masson, Esq.,
Allis Chalmers......... Amer. Can
45.
45.
lut. Tel. & Tel.......
81
G. Miskin, Esq.,
CANTON
CAWNPORE
901
.90
Int. Dept. Stores
11
101*
K. S. Morrison, Esq.,
Amer. Cynamid "B"
281
261
Kennecott Copper...
391 391
A. L. Shields, Esq..
Sir Vandeleur M. Grayburn,
Amer. & For. Power
4
31
Amer. & For. $7 pf.
25!
25
Lambert Corpn. ... Libbey-Owers- Ford
114 111
COLONNO
DELHI
Chief Manager. HAIPHONG
MADRAS
MANILA
'41 1920 ·
IPUE КАПАСНІ KLANG KOBE
SEMABANG
SEREMBANG
AMANIZAL
RINGAPOR
SITIAWAN
LUMPUR
SOURABAYA
KUCHING
TAIPING
TIRNTAIN
MEDIN"
NEW YORK
TSINGTAO
TONGRAU
(Bhuket)
!
Providents (New), $0.90.
HAMBURG
Amer. Locomotive ...
321
23
Glass
3531
351
Amer. Metals
34) 391*
Lockheed Aircraft
91
91.
Amoy
Amer. Radiator
14
137
Loew's Inc.
501 504
Bangkok
Amer, Rolling Mul...
201
201
Lorillard
181
162
Batavia"
Amer. Smelting
52
511
McKesson & Robbins
Bombay
Branches:- Ipoh Johore Rangoon Kobe Kowloon
HANKOW
Amer. Sugar" Rʻing ...
28 *
28 *
$3 f
35
344*
Calcutta
Kuala
Penang
Saigon Ban
Francisco
Amer. Tel. & Tel.
1391
139
Martin, Glen L...
181
187
Canton
Chefco
London
Amer. Tobacco "B"
661
567
Monsanto Chemical
91
Colombo
Lyons
Lumpur Shanghai
Singapore Sourabaya
Amer. Waterworks... Anaconda Copper
10
10.
Montgomery Ward...
361
Dairen Malacca Sungei
34A
331
Nat. Bond Invest-
Foochow Manila
..Patani
Atchison, T. & S. Fe»
384
381
ment
151
151 Haiphong Muar
Atlas Corp. ..........
72
71
Nat. Cash Register 171.
17 *
Hamburg
(Johore)
Auburn Motors ......
41*
41*
Nat. Dairy Products 15
142.
Hankow
Baltimore & Ohio ...
Nat. Distillers
101
101
221
221
Harbin
Dairy Farms, $26.
B'more & Ohio Pid.
12)
111
Nat. Power & Light
7
7
Hongke
Swntow Tientsin Mukden Tokyo New York Tsingtao
Yokohama Peiping
Iloilo,
Barber & Co.
$51
Watsons, $81.
181
18+
Nat. Supply Corpa.
221
217
Barnsdall of
18.20
Lane Crawfords, $81."
16
152
New York Central
iai
189
Bethlehem Steel .....
Ewo Cottons. Sh.s123.
59
597
Niagara Hudson P
Constructions. Sij.
Boeing Airplane Co. 30).
301
Corpn.............
BL
81
!!!!!
$131
$70
H.K. Govt. 4% Loan. $21pm. Wallace Harpers, $51.
Borden Co............
N. America Aviation
91
91
187
191
Borg-Warner
North America Co.
191
20.
253
251
$24
Briggs M'facturing..
231
231
Northern Pacific
121
121
Current Accounts opened In Local Currency and Fixed Deposits received for one year or shorter periods in Local and other Cur- rencies on terms which will be quoted on application.
HARBIN
HONG KONG
PEIFLYG
YOKOHAMA
(Peking) ZAMBOANGA
PENANG
RANGOON
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT 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 io London undertakes Executor and Trustee business, and claims
of British Income TAX covery overpaid, on terms which may be ascertained at any of the Agencies and Branches.
R. W. ROBERTS.
Manager.
re
$32
SELLERS
Brooklyn-Manhattan
Pacide Gas & Elec
201
26
Trans.
101
10.
Pacific Lighting ....
38
38
HK. & K. Wharves. $130. Providents (Old). $3.
Brooklyn-Manhattan
Packard Motors
42
44
$5 cum pf.
31
301*
Paramount Pictures 101
103
Hong Kong. 28th Feb., 1938.
**
$25.H5
$11.80
$10
B14
126
(new)... $8,70
23/
23/8
Tractions bas
Do. (prof.)......
29/6
XD
Industriale
SIL
Cald, Macg. (Ord.)9
$15
Do.
¡Pref.j
$1,70
Canton Icas
$1.80
$14.90 $4,50
14.90
Cements
$14.90
820
19
ལ་
$6.4038/30
Ropes
Miscellaneous
Dairy Farms....
Ch. tainments......
Constructions, (old) -14
Do.
Lane Crawfords...
Nauyang Tobacco.
11.90 Sincere .................. $1.80
Watsons.5.20
$4.80
***
_[Now}
328 20
$4.30
$81
183
H.K. Tramways, $15.10. Peak Trams. (New). $31. Watsons, $6.40.
SALES
Hong Kong Bark, $1585/90. Union. Insurance, $515, China. Underwriters. $1.45. H.K. Fire Insurance, $240. H.K. & K. Wharves, $130. H. K. & W. Docks, $291/60. Providents (Old). $2.874/90," Providents (New), 3090. H.K. Mines $0.10.
H. & S. Hotels, $6.60. H.K. Lands, $333.
H.K. Realties. $5.60/70. H.R. Tramways. $15. Cements, $14.90/15. Watsons. $61/30.
S'hat Cottons, Sh.$70. Antamoks. 60 ctvos, Aoks, 28 etros.
Case. I
95
93
Paramount 1st. pf.
871
871
HONG KONG SAVINGS BANK
Canadian Pacific
72
Pennsylvania R.R....
231
231
Celanese Corpn. ....
161
167
Phillips Petroleum...
39
393
Cerro de Pasco
413
414
Public Service of N.J.
32)
31
Chesapeake Corpn.... 45..
451
Pure Of ....
121
121
Chesapeake & Ohio 361
361
Radio Corpn. of Am.
01
61
Chrysler Corpn.......
551
551
Republic Steel
18)
172
Columbia Gas & El.
BI
8
Reynold Tobac. "B" 39%
391
Columbia 6% "A" pl.
691
691*
Schenley
25
251
Commercial Credit... 36
38
Schenley 54% pf.
83 *
834*
Commercial Solventa
ទវ
81
Sears Roebuck
04
04
Commonwealth & 8.
17
"13
Shell Union Oli
10)
161
V. M. GRAYBURN,
Chief Manager.
י
Commonwealth & 8.
Socony-Vacuum
151
151
Hong Kong, 28th Feb. 1938.
6% cum. pr.....
37
301
Southern Cal Edison
22}
22)
Consolidated Edison 22}
221
Southern Pacine
4.
201
191
Also up to date Safe Deposit Boxes in various sizes To Let.
The Business of the above Bank is conducted by the HONG KONG & SHANGHAI BANKING COR PORATION. Rules any be ob
tained on application..
For the HONG KONG & SHANGHAI BANKING CORPORATION,
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."
SAFE DEPOSIT BOXES
This Bank is entirely owned by THE CHINE NATIONAL BANK, NEW YORK, with Resources"over U.S. 82,500,000,000.
D. M. BIGGAR-
Manager.
Consolidated 011
91
91
Southern Rly (com)
124
12)
Continental Can
431
431
Southern Rly "A"
201
20
BANK OF EAST ÄSIA. LIMITED.
Continental Oil
321
321
Standard Brands ....
B
81
Corn. Products
641
642
Stand Gas & Elec.
41
41
Curtiss Wright (C.) 41
41
Stand Gas & Elec.
Curtiss Wright "A" 181
* 163
$i pt.
221
Delaware & Hudson
161
161
Standard Oil of NJ. 62
Del. Lackawanna iz
Sterling Products ...
587
Bagulo Gold, 24 ctvos.
Western
Bl
*
Studebaker
Corpa.
57
**
8. G. Enterprises... 66. CG.5219260.3Bds.
++
65%
раг
H.B. Gort. % Loans $102
Do. 31%
$10.
Wallace Harper .....
$39
H.K Wing O......
40
Benguet Consol., Ps.9.80.
Coco Grove, 68 ctvos,
Consolidate Mines, .011 etvos. Demonstrations. 39 ctvos. IXL.. 76 ctvas.
Paracale Gumaus. 25 ctros. San Mauriclo. 65. etvos.
Deere Co.
241
244
Distillers Corpn. Sea-
Swift International 25. Technicolor
201
grams
15t 15
Texas Corpn. .........
444
Douglas Aircraft
415
411
Texas Gulf Sulphur zi
Du Pont
120 :
1181
Eagle Picher Lead 114
111
Tidewater Assoc. Otl 142 Transamerica (new) 10
Electric Boat
9
81
20th Cent. Fox. FS22
S'ha Do
43
Sti
Vibro Piling
16
5/
18/9 Maramana Inv. (Lon,))
163 cts, Wm. Powells
•Sales to Shanghai
LONDON EXCHANGE RATES
Suyoc Consel. 21 ctros. United Paracles, 52 ctvos.
Elec. Bond & Share
#
B
do. Films pf....
314*
(H.K)
170 cta,
Elec. Bond & Share
$5 pr...... Elec. Bond & Share.
$6 pf.
Union Carbide
Th
50
48.
Carton
Union Pacific
$5
55 *
United Aircraft
25
THE EXCHANGE Elec Power & Light 101
י
101
United Airlines Trans
8
Elec. Power & Light
United Corpn.......
3
MARKET
$7 pí
39
37 *
United
Corpn
$3
(British Wireless Service)
Flintkore
181
173
cum. pl.
201
Feb. 24
Paris
1541
Genevs
21:59
Berlin
12.391
Feb. 25. 153-21/32 21.591. 12.404
Freeport Sulphur ...
201
261
United Gas Corpn... 44
MESSRS.
Athens
The
Milan
951
951
Copenhagen
Stockholm
19.401
197
Lisbon
Shanghal
New York
Amsterdam
Vienna
Prague.....
Helsingfors
Hong Kong
5.01-9/16 8.961
142-9/18
Bombay
5.02-3/16 8.961
1421
ROZA BROS. Saturday, Feb. 26.
Silver price for Ready dropped 1/6 yesterday to 20 3/16. The Forward rate was 1/16 higher at 19 15/16. Silver advices report- ed India and speculators as having The market was steady bought, After the official fixing India again bought at 1/16 over the quoted rate. The market was firm at the close. American Silver was quoted at 44 3/4 for Spot.
The London/New York rate was quoted at 501.95. New York/London was quoted at 502.
Gen. Foods
Gen. 'America Trans
43
44
Un. Gas Tprovem't 10
Gen. Cigár.
261"
251*
Un. Light & power
21
Gen. Electric
411
411
U.S. In'trial Alcohol 201
321
32
U.S. Rubber
Gen. Motors .... Gen Railway Signal 24
381
351
US. Rubber pf:
74.
231*
US. Smelting
701
Glidden Co.
231
23
US. Steel
501
Godchaux
Bugar
Vanadium
CTOSE-
Class "A" Goodrich (B.F.) ....... Goodrich $5 pf. ...... Goodyear Tire & Co. 23 Great Northern Rly. 241 Great Western Sugar 30 Greyhound
Corpn. 10.
7 Hecker Products
34.*
35 *
181
174
Warner Bros. Pict.... Westinghouse
6
Elec. 99
561
541
Woodward Iron Cor. 171
237
Youngstown
Sheet
24
& Tube
371
301*
Chase National Bk. 311*
10
73
National City Bank 281*
Call Money
པྤཡྻུབྷཨཿཧཱཡྻཱཏྟཱཝཊྛཐཱ; ea$ ཊུནྲྀཨྰཿནྡྷ ཿནྡྷཊྛོ དྷཏྟིབྷུནྟི།
231
63
Profits
2,770,728.76
584*
53
25 *
201
433
321
15
101
' ཏྭཧཱཏྠཾ
314
Esq.
h
79.
791
25
71
37
Amor
Batara Bombay
SOW Sydney
201
... 41
101
Honolulu
Parte
...21
Kobe
Felping
Slug-pare
28
341 341
On
approved
561
181 184
6
Authorised Capital ....$10,000,000.00 Paid-up Capital ......... 5,596,000.00 Reserve and Undivided
Head Office-HONG KONG No. 10, Des Voeux Road, Central.
Board of Directors /--
Sir Shouson Chow, Chairman Li Koon Chun, Faq. Li Lan Song, Esq.
BANK OF CHINA
Specially Chartered by
THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL...$40,000,000.DE BRANCHES ALL OVER CHINA) Owing to our numerous Branches
P. R. Kwok, Esq. Wong ChuSon, Esq. in China and connections in the Wong YunTong, Esq. Kan Ying Po, Esy.
Chan Ching Shek. Fung Ping Wah, principal Commercial Centres of Esq the World, we are able to extend
Kun Tổng Po, Esq., Chief Manager. Li The Fong, Esq., Manager.
Osleotta
Canton
Branches and Agencies —
Kowloon Penang Acura'ay
Haiphong Bankow
London
Manila
Malbonyza
Kanroon
Saigon
San Fran.
Talhoku
eisno Tanted
Marsaski New York Reactio
Tokyo
Bemara Vancouver Tokohama
to our Clients special facilities for Domestic and Foreign Banking and Exchange.
Head Office: SHANGHAI
Hongkong Branch:
4 QUEEN'S ROAD, O... South China Offices:
CANTON
Every description of Banking | ŠHIUCHOW
and Exchange business transacted. We also handle the issue of Bonde 74
Loans granted 091 securities.
and other Public Funds of the
Currant Accounts opened in Local Chinese Government both at Home Currency and Fixed Deposits Trand Abroad,
ceived for one year or shorter
SWATOW..
KONGMOON
TOISHAN
KINGCHOW
381
17
I
361
311*
periods in Local and Foreign Car- rencies on terms which will be quoted on application.
Safe Deposit Boxes To Le
KAN TONG PO,
SHOU J. CHEN
Manager.
261*
1% 1%
↑ ex. diy,
• bld.
Chief Manager. THE YOKOHAMA SPECIE BANK
ITALIAN TALKS SET COAL SHARE RISE
Montreal
Brussels
Yokohama
.Belgrade
Monte Video
Bucharest
Rio.
Silver (Forward)
Suver (Spot)
War Loan
ON LONDON:-
5.01.-9/18
29.551 1/2-83/64
5.02-3/16 29.50
1/4
MARKET
Quiet.
197
201
19.411 20-3/16
31% 103-7/16.
Closing Quotations
February 20, 1938.
Telegraphic Trasafer...
Rank Bills, on demand)
ON NEW YORK:-
Bank Bills, on demand 311/18 Credits, 60 days' night " 31} ON BATAVI
"On demand. **-*erepresenta
65+ ON PARIS:-
1/21
Credits, 4 months' sight 1/3
ON SHANGHAI
On demand
1042
Bank Bills, on demand 950 Credits, 4 months' sight
1,010
ON SAIGON :-
ON SINGAPORE :----
On demand
943
On demand
027
ON MANILA:-
ON JAPAN:--
On demand...
£24.
On demand
1001
ON BANGKOK :~~
On 'demand
ON INDIA:-
Sovereign Notes
Telegraphic Transfer...)
Bank Buying Rate.....
+82
Bank, on demagd
BAR SUVEE. per os, amen
STERLING
There were sellers at 1/3 Feb- ruary/May and 1/2 31/32 June buyers at 1/3 1/32 Cash/May and 1/3 Juno
•
U.S. DOLLARS There were sellers at 31 3/8 February/April and 31 5/16 May, buyers at 31 7/16 Cash/March and 31 3/8 May. A small business was reported at 31 7/16 for near
4
COLONY BUDGET SURPLUS
LAST YEAR
London, Feb. 26.
LIMITED
Capital (fully paid up).
Yen 100,000,000.00
Prospects of an early under-Reserve Fund.....Yen 134,400,000.00 standing with Italy have' resulted
Head Office:-YOKOHAMA in a considerable increase in the value of South Wales coal shares
BRANCHES AND AGENCIES AT - on the Cardiff exchange, says the
Alexandria Honolulu Bangoan Dally Telegraph.
Bangkok Hainking Rio do About 60 per cent. of Bouth Batavia Karachi Outlay of the Post Office was just Wales coal is exported, Italy being Berlin over $1,000,000,
one of the biggest purchasers,
Bombay Although coal exports to Italy at (Calcutta
More Than $1,075,000
According to official returns issued by the Treasury on Satur- day, the Colony ended the year 1937 with a budget surplus of more than $1,075,000.
SUBSTANTIAL INCREASE
Bankow
Janeiro Kobe
Ban London Francisco Los Angeles Seattle Manila With the exception of port and
Bemarang Moji harbour dues, and interest, all present are greater than when Canton Dairen
Shanghai (Dalny) Nagasaki Singapore Revenue exceeded original esti heads of revenue showed a sub-sanctions were being imposed on
Fengtien Nagoya Boerabaya (Mukden) New York Sydney mates by approximately $4,400,000 stantial increase both as compared Italy, they have by no means while expenditure fell short of with 1936 and with the estimates reached the level of previous
Hamburg Omaka estimates by roughly $150,000, and which were generally based upon years.--Transocean.. SHANGHAI DOLLARS
an estimated deficit of over $3.- lower expectations in 1937 "than
Hong Kong Peking There were sellers at 105 6/8,500,000 was converted into a sub-shown by the results of 1936. thing close to a monthly record Harbin
Interest allowed buyers probably at 105 3/4 for stantial surplus, in spite of the Duties brought in $1,210,000 moře was achieved.
Land sales brought in $528,436 than estimated; licences and in- Spot.
fact that the civil service levy on salaries was removed in the middle ternal revenue produced $1,004,000 as against an estimate of $206,000. Accounts..
Deposits received for Fixed. Interesting items under the Periods at rates to be obtained of the year.
more than estimated: the Kow-
on application. loon-Canton Railway returns were heading of expenditure are Pen-
Y. KANO, nearly $200,000 higher than ex-slons, $2,559,869 for the year, Mill- when tary Contribution, $5.585.415.
2. Manager. pected, and in December
Hong Kong, 14th Feb., 1933, total income was $138,000, some- charitable services, $214,920,
SHANGHAI MARKET There were sellers of Sterling at The Post Office experienced a 149
1/2 7/32, buyers at 1/2.15/64 for record year, its income totaling Spot. UA., Dollars, sellers, at 29 $3,254,396 against an estimate of 1/31/16 3/4, buyers at 29 25/32 for Spot. $2,2049,800 and $2,058,885 in 1938,
203/16
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on Current