12
DAILY SHARETM QUOTATIONS
Hong Kong Stock
Exchange
Sharebrokers'
Association
Kayu hier
Baju Homema
THURSDAY, MARCH 17.
Say
Bellers
Banks
QUOTATIONS
$1,670 H.K. Banks
£85.
11
180
£14
#
Bank of East Asia...
N. G. & S. Back
Do. (London) Chartered Banks.... Marcantile Bks. “A”
Do.
211
-May. -May
Last
Today' Bigh Low Close Close 4.97-13/16 4.96) 9.00 8.99 8.93 14.99 14.15 14:35
A6
£29
was quoted at 44 3/4 for Spot.
Winnipeg Wheat-May.
391 118)
671 59..
1168
17
HONG KONG DAILY PRESS, FRIDAY, MARCH 18,
THE EXCHANGE
MARKET
MESSRS. ROZA BROS.
The price for Rendy Silver was unchanged at 20 3/8 but the Far- ward rate dropped 1/16 to 20d. $1,490 Silver, advices reported speculators as having sold. The market was quietly steady. American Bilver
285
1938.
NEW YORK STOCK EXCHANGE
New York: March 17
(Through Reuter's Service)
New York/London Cross rate Now York Cotton--May, New York Rubber-May, Chicago Wheat Chicago Corn
198
BANKS
HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION
Authorised Capital 850,000,000 Issued & Fully Paid-Up $20,000,000 Reserve Funds:--
H.K. Ourrency Reserve $10,000,000 } Reserve Liability of
Proprietors
AUSTRALIA AND CHINA Incapolated by Royal Charter, 1835
HEAD OFFICE: LONDON:
38. Bishopsgate EC.2.
***... £3.004.000
£3:00.00
$1.600.000
Chang 1-7/18 off
Sterling
..£8,500,000
8.43
.01 ap
14.18*
.16 of
Paid-up Capital....
BA
1 up
$20,000,000 | Reserva Fund...
7/8 ap
119
$ up
Head Offen:HONG KONG
211
$80
12
insurances
The London-New York cross- rate was lower at 496.75. New York-London was quoted at 496.
Silver-Official
442
unch.
1937
$275
Canton lusarances,
1970
3/8.
3540
Union Invarauses
10+
$520
Underwriters ******
***
2
166
#121
1245
H,K.. Fires ................
$9471
Shipplag
MARKET
Opened. quiet. The market was slightly easier towards lunch time.
al
High Low Dow Jones Averages, 134.40 113.84 30 Industrials
20 Rail .84.46 17.08
37.54 18.20 20 Utilities 106.89 87.87 44 Bonds
82.44 62.01
Mar. 18.
187.94
76.58
19.01
89.13
It Commodity index 12.31
High Low Close Change 188 10 191.84 12.87 437 OK
95.11 1.47 c 20.32 24.90 18.01
18.99 18.37 .64 off 87.61 .52 oll 62.47 16 up
Hon. Mr. J. J. Paterson,
Deputy Chairman,
Douglase
$811
Steambts
$121
STERLING
501
Indo-Chinas (pref.)
351
124
Do. (dol.)
$43
60/71 Sholle.....
Wate-bout
10/-
Kailans
7.99
BO/T $91
!
3138
3 60/55
1.60:55
8343
1.K. & W. Docks
34/341
$100
$3
Shangnai Docks S. New Bagiuserina 8. Lands. Hotels, and
++
Mining
Haub.....
* Veneza in Gold Fide.
lot.) "Bongkong Mines..
Docks, Wharves,
Godowns, etu.
"H.K. & Wharves.
Prorkients (old) ...
Do. (new)
8136 3.85/0/65
$1.55
!!:
!!!
16/-
Were offored at 1/2 29/32 for near delivery at which rate busi- ness was reported for March and
market Cash. The
closed at 1 p.m. with sellers at 1/2 7/8 March- $7.817 April
and 1/2 27/32 May-June, $3.40 buyers at 1/2 29/32 March-June
and 1/2 7/8 July.
STOCKS
Last Sale
STOCKS
Last Bale
Mar. 15 16
Adams Express ......
94
9
Humble O
Alleghany Steel Co.
168
15
Int. Nickel
Allis Chalmers......... 481 Amer. Can
461
Int. Tel & Tel.......
871
80}
Amer. Cynamid "B" 231
22)
Int. Dept. Stores... Kennecott Copper... 38
Amer. & For. Power
32
31
Lambert Corpn. ......
11
Amer. & For. $7 p.
21
194
Libbey-Owens- Ford
$6.80
$100
106
!! ::: !
: 1
$73
.i
$16.40
$7
15.25
#21
$18.40
$361
$141
Buildings
H.K. Hotel *** H.K Lands.......... Do. 4, Debentures Shanghai Labda... 8. Metropolitan Lands.. H.K. Realties.******* Humphreys kansar Chinese Katates....
Cotton Millm Evol
3'ha: Cottons ..... Zooug SingS
Winz Un, Textiles(S.) Ewo Cotton Rt. S
Publie Utilities Tramways
Poak Traas (3rd)...!
Do.
(new)..
181
$100 13
U.S. DOLLARS
Opened with sellers at 30 3/4 March-April resulting in business at 30 9/4 for April and March. The market closed at lunch time with sellers at 30 11/16 March- April, buyers at 30 3/4 March- April.
SHANGHAI DOLLARS
Amer, Locomotive ...
198
186
Glass
33
Amer. Metals
324
32
Lockheed Aircraft ... at
Amer. Radiator...... Amer, Rolling Mill... Amer. Smelting
123
12
Locw's Inc."
472 40
193
181
Lorillard
18
101
47
McKesson & Robbins
Amer. Sugar Ring ...
273
273
$3 p.......
33
Amer. Tel. & Tel. 1317
130
Martin, Glen
.....
"181
*
Amer. Tobacco " 691 661
Amer. Waterworks...
9
81
Monsanto Chemical 85
Montgomery Ward 357
$6.7782
Anaconda Copper...
331
307
Nat. Bend Invest-
Nominal.
*
XD
$36 $100
Atchison, T. & S. Fe.
344
31
ment
131*
SHANGHAI MARKET
Atlas Corpn.
74
61
Nat. Cash Register 16
Nominal,
Auburn Motors
4
4
Nat. Dairy Products 131
$5.95
$14.30
!!!!!
::::
370
$24
$39
IN THE AFTERNOON The market in the afternoon was a shade easier.
"STERLING Some business was reported at 1/2 7/8 for March. The market closed with sellers at 1/2 7/8 Cash and 1/2 27/32 April-May, buyers $16.40/48/50 at 1/2 15/16 Cash and 1/2 7/8
April-May.
Baltimore & Ohio........
71
"61
Nat, Distillers
224
Bmore & Ohio Pfd.
31
77
Nat. Power & Light
61
Barber & Co.
17
16
Nat. Supply Corpn... 214
Barnsdall Qou
147
14
New York Central
15
17
Bethlehem Steel
581
55
Niagara Hudson P
Boeing Airplane Co. Borden Co,. Borg-Warner
291
281
Corpn........
71
171
174
N. America Aviation
B1
25
231
North America Co. 18)
Briggs Mfacturing. 22} Brooklyn-Manhattan.
211
Northern Pacific
101
Pacific Gas & Elec 26
Trans.
91
9:4
Pacific Lighting
36
Brooklyn-Manhattan
Packard Motors
4
· 884)
፡፡
$281
Star Ferries pansers Yaunati Ferries
$28
19.30
$12.60
China Lights (old)..
$12.50
Do. (new)...
$9.40
Do. Rt.
$60
H.K. Mlectric
260)
U.S. DOLLARS'
The market closed with sellers at 30 11/16 Cash and 30 5/8 March-April, buyers" at 30 3/4 Cash and probably 30 11/16 April. |
Canadian Pacific
* $8 cum, pí.
Case. J.1.
271
26 *
Paramount Pictures
91
87
841
Paramoun, ist. pl.
784*
61
6
Pennsylvania R.R.
191.
Macao do.
$13)
Sandakan Lights...
#27
Telephonom (old) ...
3277
10.60
ho. (new)...$10.50
23/0
Tractions
22.6
H. K. STOCK
23/0
Do. (pruf.)..
EXCHANGE
Celanese Corpn. ...... 151 Cerro de Pasco .................. 411 Chesapeake Coṛp.. 44 Chesapeake & Ohio 331 Chrysler Corph. ..... 54 Columbia Gas & E. 71 Columbia B "A" pf. 701*
141
39
40 311
Phillips Petroleum ... Public Service of N.J. 301 Pure Oll
374
111
503
Radio Corpn. of Am Republie Steel
61
171
61
71
Reynold Tobac. "B" 387 Schenley
211
Commercial Credit... 35
33+
Schenley 54% pf."
781*
Industrialr
$142
Commercial Solvents
8
71
Sears Roebuck
603
Guld., Macg. (Ord.)5
Commonwealth & 8.
11
11
Shell Union Oli
132
Lo (Pref)S
$1.70
Canton Icon
$1.60
17.60/7/0
Cements.
***
$4.9$!
Ropes..
89)
$2.10
ST
$30
35)
S'ha Vibro Piling
Do
3/10
60 of
Wa. Powelle
(H.8.)
Miscellaneous
$25.90 Dairy Farma
870 Ch. &'tainments......
Constructions, (old), 31.69)
Do.
Lane Crawfords.....
Nanyang Tobacco..
Sinceros
Watsons tere S. C.-Enterprises
687Cu.G.5%19250.3Bds.
6%.pat. E. Gort, 1% Loan
Bo. 31%
pm..
181 Wallace Karper
"H.K Wing On
17/6 Maramang II v. (Lon.)
(HOT)
OD
$26 20.70
39
$4
***
52
$6.90
70% $108
$101
241
344
$172 $4.95
YESTERDAY'S
OFFICIAL QUOTATIONS
The uneasiness brought about by the European political mano- carres coupled with an all round drop in Sterling securities has been reflected in the local market. The market has relapsed into a state of uncertainty and buyers have shown a disposition either to hold of entirely or make such bids at which sellers are disinclined to trade. H.K. Banks in London have registered a fall of £10 in two days.
Commonwealth & S.
8% cum. pl. Consolidated Edison. 211 Consolidated O Continental Can Continental Oll Corn. Products Curtiss Wright (C) Cartiss Wright "A" 182 Delaware & Hudson 141 Del. Lackawanna &
Western Deere Co.
I
Socony-Vacuum
141
351
331
Southern Cal Edison 211
+21
201
Southern Pacific
161
W
91.
Bz
Southern Rly (com) 10
:42
417
Southern Rly "A"
...
161
291
·271
Standard Brands
72
64
631
44
41
16
Stand Gas & Elec. Stand Gas & Elec.
$7 pi.
31
21
124
Standard Oil of N.J. 51
64
61
Sterling Froducts ... 58+ Studebaker
Corpn.
51
231
224
Swift International 234*
Distillers Corpn. Sea-
grams
134
122
Texas Corpn.
Douglas Aircraft Du Pont
41
393
1201 1151
Eagle Picher Lead
101
10
Technicolor ....... 191
Texas Gulf Sulphur 324
Tidewater Assoc. O 137 Transamerica (new) 101
42
Manlia quotations would also Electric Boat appear to reflect the effect of the Elec. Hood & Share 70 ctagerieral uneasiness.
83
B
20th Cent. Fox. Films 221
71
BA
do.
Films pí....
Sales to Shanghai
LONDON EXCHANGE RATES.
Elec. Bond & Share
.
Union
28+ Carbide &
SELLERS
$5 pf................... 474
481*
Carbon
752
Elec. Bond & Share
Union Pacific
714
Bank of East Asia, $80. Douglases, $85.
(British Wireless Service)-
March 15.
Parls Genera
Berlin
1622
March 16, " 1801
21.64
21.83
12.39
12.38
Athens
Milan
Copenhagen
94-0/16
941
Stockholm
Shanghai
1/2-1/16
New York
4.99
4.803.
HK Steamboats, $123. HK. Lands 4% Debent. $100. Chinese Estates, $95.
HK. Tramways, $15.40. Peak Trams (Old), $7. China Lights (New), $9.30. Sandakan Lights, $138 Sinceres. $210.
Marxmans (HK), 3/10. Constructions, $13.
BUYERS
.$8 pt. Elec Power & Light 10 Elec. Power & Light
53
..52
United Aircraft
254
St
United Airlines Trans
78
United Corpn.
21
ST DI.....
384
351
United
Corpn.
$3
Flintkote
181
151
Freeport Bulphur
271
281
Gen. America Trans
40
381
Gen. Cigar
25 *
25 *
cum, pf. United Gas Corpn. - 4 Un. Gas Tprovem't 10 Un. Light & power
281
21
Gen. Fectric
392
381
US. In'trial Alcohol 18.
Gen. Foods
281
271
U.S. Rubber
331
Gen. Motors
36
-331
US. Rubber pí.
801
Gen. Railway Signal 21
.21
U.S. Smelting
#70
Glidden Co.
193
181
US. Steel
541
Amsterdam
8.973
9.00
Godchaux
Sugar
Vanadium
178
Vienna
H.K..Bank, $1500.
Clasa "A"
36 "
-
Warner Bros. Pict.
51
Prague
1411
Helsingfors
Union Insurance, $535. HK. Fire Insurance, $245.
Goodrich (BF.)
17
154
Westinghouse
Elec. 31
Lisbon
Hong Kong
1/2-15/16
1/21
Bombay
Montreal
4.984
4.973
Brussels
Yokohama
29.591
29.521
Belgrade
Monte Video
Bucharest
Flo
Silver (Forward)
Silver (Spot) ......
War Loan
ON LONDON:-
Closing
March 17, 1985.
Telegraphic Transfer... 11/2 Bank Bill, on demand 1316 Credits, 4 months' sight 1/3-1/10
ON SHANGHAI ; ----.
"On demand.
ON SINGAPORE: —
On demand
OS JAPAN:-
1042
1/1-15/16
20-1/16 201
20
201
.31% 100%.
31% 991
Quotations
ON NEW Yonx:-
Bank Bills, on demand 201 Credita, 50 days' aight 31) ON BATAVIA:—
On demand
ON PARIS
55-5/18
Bank Bills, on demand. 980 Credits, 4 months' sight 1, 55
ON SAIGON:-
On demand 6213/16 OF MANILA
On demand.....
On demand 105)
ON INDIA:
Telegraphic Transfer....
Bank. on demand
#71
..... 611
OS BANGKOK :-
On demand
150)
Sovereign Notes
Bank Buying Rate....
1/3
BAR SILVER, per oɛ
201
HK. Realties, $5.90, H.K. Tramways, $15). China Lights (Old), $12.60. H.K. Electrics, $59). Lane Crawfords, $91. Vibro Piling. $51.
• SALES
HK. Steamboats, $13. H.K. & W. Docks, $34). Providents (Old), $3.80/55. Providents (New), $1.60/55. H. & S. Hotels, $6.80, Humphreys, $91.
HK. Realties; $5.95.
HK. Tramways. $15:40.
HK. Electrics, $60,
Cements, $17.60/70. Dairy Farms, $251;
(Prices below in Phil. Currency)
Antamoks Po.. .54 Atoks, .28 Bagulo Gold, .211
Benguet Consol, 9.80 Coco Grove, 58 Consolidated Mines, 011 Demonstrations, 37 I.X.L.. .75
Paracale Gumaus, 21 Ban Mauricio. .52 Suyoc Consol., 18 United Paracales, 414
Goodrich $5 pf....... 501 Goodyear Tire & Co. 224 Great Northern Rly, 201 Great Western Bugar 23 * Greyhound Corpn. 111 Hecker Products
PHILIPPINE
MINING NEWS
FAR EAST OLD Development Company, Inc. has started drilling on its property on the Bondoc Peninsula in Tayabas. The com- pany has two cable tool rigs, of which the first is now in opera- tion; it can go to a depth of 1500 feet, while the second can go to
SCHACHT TO STUDY AUSTRIAN FINANCE
STOPS SELLING OF TIMBER ABROAD
Vienna, March 16. Dr. Hjalmar Schacht, former Minister of Economics in Germany and now President of the Reichs- bank, arrived in Vienna today.
He is to investigate the financial situation of the country,
Providents (New), $1.35.
-SELLERS
Underwriters, $2.10. Providents (Old), $31. HK. Docks, $34. Trams, $ist.
SALES Providents (Old), $3.35/55. Providents (New), $1.45/55. Cements, $17.25.
2500 feet. The second rig will be The national banks of Germany UNION WATERBOAT
in operation some time this month. officials of the company said,
E. P. CICHY has been appointed assistant general manager of Mine Factors, Inc. Mr. Cichy was for- merly connected with the Pacific Commercial Company, and is well known in Manila business circle.
and Austrian have decreed the ex- change of the two national curren- cies at 50 marks for 100 Austrian schillings.
THE YOKOHAMA SPECIE BANK
LIMITED
Capital (fully paid up) Reserve. Fund
Yen 100,000,000.00 Yen 135,900,000.00
Head Office:-YOKOHAMA
BRANCHES AND AGENCIES AT: Alexandria Honolulu Rangoon Hangkok Hsinking Rio do Bateria Karachi. Janeiro
Kobe London
Los Angeles Seattle
Manila
Dairen Moji
(Dalny) Nagasaki Singapore
Berlin Bombay
Ban
-Francisco
Calcutta. Canton
Semarang
Shanghai
Fengtien
Nagoya
Воставата
Hamburg Oaska
Tientsin
Hankow
Otard Tokyo
Harbin Paris
Hong Kong Peking
Tsingtao Yinkow
(Mukden) New York Sydney
PAYS 60 CENTS Interest. allowed. on Current
At the forthcoming annual general meeting of the Union The sale of timber to foreign Waterboat Co. Ltd. the Consult Countries, which is one of the obiering Committee #1 recommend a industries of Austria, has been dividend of 60'.ccrits per share for the year ended December 31 1937 stopped.(Reuter)."
Accounts. Dean by th
Deposita received fore Fixed Periods at rates to be obtained on application.
KANO,
Manager
Hong Kong, 10th March, 1938.
50+
Woodward Iron Cor. 151
201
181
28 *
Youngstown Sheet
& Tube .......
Chase National BK. 313*
37+
101
National City Bank 251*
મ
61
Call Money
1%
ཝཱཀྐཙྩ ཝོཊྛནྟི བྷངྒཏྠེ བྷོན ཀྰ་ཨྰཿཀྰཨྰཿཙནཱནཱ ཙeཤཿདཿརྨབྷོདནརྒྱུུནཱནྣམྤཀྐཾ ཿཀྰཏོegËཨྰཿཀྰཙནཱཙ ན=ཙྩ ཝོཧྥུནཱཙྩ ཀྐམྦă Feaཊཿ ཛྙྰནནཨཽnaEuRཝོཤབྷོནཱ ཨུཙྪིནྡིཝཱ
"
Hong Kong. 25th Feb. 1938.
Business Done:-1,020, aharɛs.
Mar. 15 16
GT4
501
81
07
J. K. Bousfeld, Esq., A. . Compton, Esq.,
Hon. Mr. S. H. Dodwell, Hon. Mr. M. T. Johnson, J. R Masson. Esq..
G. Miskin, Esq.,
E. S. Morrison, Esq., A. L. Shields, Esq.,
Sir Vandeleur M. Grayburn,
Amos Bangkok Bombay Calcutta
Branches:- 1poh Johore Batavia Kobe
Kowloon Kuala Francisco Canton Lumpur Shanghai
London Singapore Lyons Sourabaya Dairen Malacca Sungei Foochow Manila
Patani
Chefoo Colombo
Haiphong Muar Swatow. Hamburg Jotore) Tientsin
Mukden
Tokyo Harbin New York Tsingtao
Yokohama Peiping
Hankow
Hongkow
Iloilo
44
Current Accounts
opened
Local Currency and Fixed Deposits received for one year or shorter periods in Local and other Cur- rencies or terms which will be quoted on application.
Also up to date Safe Deposit Boxes in various sizes To Let.
Hong Kong. 26th Feb., 1938.
HONG KONG SAVINGS BANK
The Business of the above Bank is conducted by the HONG KONG & SHANGHAI BANKING COR PORATION." Rules may be, ob- tained on application.
For the HONG KONG & SHANGHAI BANKING CORPORATION,
V. M. GRAYBURN,
Chief Manager.
BOMBAY
HARBIN TUNG TUNG
MRDAN,
NEW YORK
SAREMBANG
MANAI
BINGAPORE
BITIAWAN
BOURABAYA
TAIPING TIENTSIN "
TONGKAH
(Bhuket)
TSINGTAO
PEIPINO .. TOKOHAMA
(Peking) zawBOANGA
PENANG
RAZGOON
FOREIGN EXCHANOI and Gouera) Banking Business transacted.
CURRENT A000 UNTS opened and FIXED DEPOSITs received for One Year or shorter perioda at rates which will be quoted on. applica- tion.
The Bank's Hend Office in London undertakes Executor and Trustee business, and claims re-
Income covery of British
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
HRAD 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 CILASE NATIONAL BANK," NEW YORK, with Resources over U.S. $2,500,000,000.
D. M. BIGGAR,
Manager.
Board of Directors.
T. E. Pearce, Esq.,
Chairman.
| Reserve Liability of Pro-
priaters.
MANCHESTER BRANCH:
71 Mosley Street, Manchester.
AGENCIES AND BRANCHES:
ILOILO
SALOON
ALUR STAR
AMRITSAR" 1200 BANGKOK
*KARACHI KLANG
די
SEMARANG
BATAVIA
Кон
CALCUTTA CANTON
KUALA
LUMPUR
CAWNPORE KUCHING
СЕЗГ COLOMBO
MADRAS
MANILA
Chief Manager.
DELE! HAIPHONG HAMBURO
HANKOW
Penang Rangoon
1
Saigon Sao
سم
in
BANK OF EAST ÁSIA. LIMITED.
Authorised Capital $10,000,000.00
Reserve and Undivided
Profits
2,778,726.70
Chan Ching Shek. Fung Ping Wah,
Eng.
Faq
Amay
Betavis
Below.
Bombay
Baroo
Bydney
Onlestia
Centen
Melbourne Nagaanki
Sea Pra
Tathoku
slave
Xiantain
Halphong
Hankow
New York Opales
notla
Tokyo
100%
Priping..
securities.
Paid-up Capital ......... 5,508,600.00 THE NATIONAL GOVERNMENT
Head Office:-HONG KONG
No. 10, Des Voeux Road, Central.
Board of Directors:--
-Bir Shouson Chow, Chairman
Li Koon Chun, Esq. Li Lan Fang, Esq.
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
P. K. Kwok, Esq. WongChuson, Escrincipal Commercial Centres at Wong Yun Tong, Esq. Kan Ying Pu. E the World, we are able to extend
Kan Tonz Po, Esq., Chief Manager,
Tao Fong, Esq., Manager.
Branches and Agencita :--
Kowloon Penang Borshaya Landon
Manila
Parla
Ranyon
Semarang Tabouret
Bingapore
to our Clients special facilities for Domestic and Foreign Banking nad Exchange.
Head Office: SHANGHAI
Hongkong Branch
4, QUEEN'S ROAD, C
South China Offices:
CANTON
KONGMOON TOISHAN KINGCHOW
Every description of Banking We also handle the issue of Bonds and Exchange business transacted.al other Public Funds of the Loads granted .on approved
Chinese Government both at Home
BANK OF CHINA
Specially Chartered by
SWATOW Yokohama
SHIUCHOW
Current Accounts opened in Local,find Abroad. Currency and Fixed Deposita #e-
SHOU J: CHEN
ceived for one year or shorter
periods in Local and Foreign Cur-|
Manager.
rencies on terms which will be
quoted on application.
Safe Deposit Boxes To Let...
KAN TONG PO,
Chief:Mahager.
tex. dlv. .* bid.
H.K. SHAREBROKERS ASSOCIATION BUYERS