PAGE 12-HONG KONG DAILY PRESS
FINANCE
"H.
Sharebrokers'
NEW K. STOCK EXCHANGE
DAILY SHARE QUOTATIONS Hong Kong Stock Exchange
BAINO
Association
THURSDAY,
Nominal
MARCH 24.
Buyers
li
Balenomia,
YESTERDAY'S
OFFICIAL
YORK STOCK EXCHANGE
(Through Reuter's Service)
FRIDAY, MARCH 25, 1938
BANKS
$1,520
£90
£11
Chartered Banks
238
£14
Pank
H.K. Banks
Do. (London)........
Mercantile Bks. "A
Do.
Bauk or Bast Azia...
TRA
£28
"C"
214
80
*180
BUYERS
N. 0. & B. Barks .... Insurances
$9
Bank of East Asin, $80.
$975
Canton insFMILTON..
€275
Unton Insurance, $530,
117.11
$630
Union Insuranova .......
2335
.་"
H.K.K. Wharves, $133.
A
Underwriters
4+1
$245
H.K. Fires
934
H.K. & W. Dock. $331.
Shipping
Providents (Old), $3.45:
32.77 2262 20 Rail
33,20 17.04 20 Utilition 92.70 86.63 40. Bonds
12.69..
QUOTATIONS
Now York: March 24
QUOTATIONS
Enquiries were more
general
and the market very steady. The Manila market was dull and slightly off from yesterday.
New York/London Crow rate Now York Cotton-May. Now York Rubber-May. Chicago Wheat --May. -May. Chicago Corn Winnipeg Wheat-May.
Silver Official
1337
High Low Dow Jones Averages, Mar. 32, High Low Close 134.98 117.11 30 Industrial
Last
High Low Close
3,80 E.63 8.48 13.11 12.85 13.35
AB 83
Today' Cloeo
Change
861 1265 88+
Ot up .48 of
Sterling
HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION
Authorised Capital .........$50,000,000 Issued & Fully Paid-Up $20,000,000 Reserve Funds:-
£8,500,000
AUSTRALIA AND CHINA Incorporated by Royal Charter. 1935
HEAD OFFICE: LONDON: 38. Bhopsgate E.C.2.
1/4 up
11.K. Currency Reserve $10,000,000 peld-up Cupita....
60
B.
..691
80
unch.
Proprietora"
„$20,000,000"
118 115 1152
1181
unch.
Rosary Fund.... Rasers Liability of Pro
23.000.000 £3.000.000
£3.000.000
Change
Board of Directors.
115 95 1178 11438
2.78 Of
T. E. Pearce, Esq.,
203 21.40 1.75
.87 of
17.66
17.87 173 11.30
.20 off
Hon. Mr. J. J. Paterson,
"86.8+
80.15
.74 Ol
667
Douglanna .....
*1GT
Providents (New), $1.45.
54,93 61.29 11 Commodity Index 01.39
51.14
.16 ok
Business Done:-1,470,000 shares,
816
Steamvats
3154
HK. Lands, 4% Debentures, $100.
301
Indo-Chinas (pref
160
Chinese Estates, $95.
STOCKS
Last Sale
STOCKS
Last Sale
121
Da
(def.)
$30
H.K. Tramways, $151.
1:
Mar. 22. 23.
Mar. 22. 23.
45/-
Shell
25/
Peak Trams (Old), $7.
+191
Waterboa ta
201
Adams Express
81
8
Humble O11
Mining
Star Ferries, $84.
Alleghany Steel Co.
151
143
Iut. Nickel
10/6
Kailas
15/0
China Lights (New), $9.10.
Allis Chalmers ........
43)
421
LA. Tel. & Tel.
17.90
Raubs
$7.30
H.K. Electrics. $58).
Amer. Can M...
81
B01
Veneruch Gold Flds.
$3.40
Sandakan Lights, $144.
Amer. Cynamid "B" 20
191
1. et
"Hongkong Mines
Cements, $171.
Amer. & For. Power
31
27
Int. Dept. Stores... Kennecost Copper... Lambert Corpn.
Docks, WharYM,
Dairy Farms. $251.
Amer. & For. $7 pf.
18
151
1:
Giedowns, els
Watsons, $63.
Amer. Locomotive ...
161
151
Libbey-Owens- Ford
Glass
$133
H.K. & E. NO TENG
313+
Sinceres, $2.20.
Amer. Metals
31
30
Lockheed Aircraft
$3.4 $1,45 $3
13 47
31.475
Providenta July
$31
Wm. Powell, Ltd., Mcts.
Amer. Radiator .......
111
101
Loew's Inc.
291
41A
28
107
Do.
(new)
81.47
Constructions. $14.
Amer. Rolling Mill...
171
163
Lorillard
153.
151
H.K. &W, Docks
$331
$14
Shanghai Docks S.
$100
Wallace Harpers, $91. Marsmans (H.K.), 3/10.
Amer. Smeiting
401
381
A
New Engineerings .
13
Amer. Sugar R’ing ... Amer. Tel. & Tel.... 1251
26 *
25
$3 pt.
1241
Martin, Glen L
McKesson & Robbins
321 162
::
B
$100
div.
ands, Hotels, and
Buildings
HK Hotels
Landa.........
Do. 4% Debentures; Shangliai Lande... S.
SELLERS
$8.60
"Macao Electrics, $10.
Vibro Piling. $54.
Amer. Tobacco "B" 65 Amer. Waterworks...
632
8
71
Anaconda Copper ...
291
281
Atchison. T.
8. Fe.
27
28
Monsanto Chemical 30 Montgomery Ward..." Nat. Bond Invest-
rent
31
31
127*
STEK)
SALES
Atlas Corpn. ........
G1
61
Nat. Cash Register 15j
15
Metropolitan Lands..
ཧྲཱིཿ:
*5,05
XD
Humphreys ge
$9
Chince Eau Lan.
Cotton Mill
$13.50
!!
wu
................
$14
H.K. Bank, $1520. China Underwriters. $2. Douglases. $67.
Providents, (DIA), 13.474.
Provideats (New), $1},
Auburn Motors ......
37
31
Nat, Dairy Products 13.
13
Hongkew Feiping
Baltimore & Ohio
51
5+
Nat. Distillers
201
192
Iloilo
3 more & Ohio Pid.
6
Barber & Co.
151
143
Nat. Power & Light Nat. Supply Corpn.
61.
52
181
Current
Barrisdal Öll *
13
12)
New York Central...
121
12
$73
S'ha Cottons.....S.
10
H. & S. Hotels. 361.
Bethlehem Steel
53A
51+
Zoong Sings
S.
$24
H.K. Lands: $35.
Boeing Airplane Co.
267
27.
Niagara Hudson F
Corpn.
Wing Un Textiles 8.1,333
132
H.K. Tramways, $16.30-40.
Borden Co.........
171
161
Ewo Cotton Rts S
China Lights (Old), $12..
Pabile Utilities
H.K. Electrics. $58
Borg-Warner ...................... Briggs M'facturing ..
214
201
N. America Aviation North America Co.
71
161
16 quoted on application.
19
18)
Northern Paciác
0161
$161
$15.30
Tramways
Cements, $174.
Brooklyn-Manhattan
Paelic Gas & Elec
251
251
$7
Peak Trama (old)...)
(Prices below in Phil. Currency)
Trans
71
Pacific Lighting
347 34
.
ง
Do.
(Домі
$34
$64
Star Ferries
1841
Antamoks Ps., 51
Brooklyn-Manhattan
Packard Motors ......
4
4
$28
Yannati Ferrie
128
Atoks. 271
$19
China Lighta (old)
$11.80
Baguio Gold, 211
$6 cum. pr. .... Case, J.L
24
221
Faramount Pictures
71 7
75
731
Paramount 1st. pf.
19.10
Do.
(new)
$9.40
Bengulo Oold, 9.50
Canadian Pacific....
51
.51
Pennsylvania R.R....
72 * 17
161
Do.
Rts.
581/19
H.K. Electrics ..............
3.9
$59
314)
410
Macao do.
ANTOLO
#274 $10.60
*22/6
29/6
De.
Sandakan Lights ....
Telophones (old)...
Lo. (now)...
Tractions
(prof) todustrial
$10.55
12.6
Coco Grove. .53
Demonstrations. .38 IXL, 71
Paracale Gumaus, .201 San Mauricio, .50 Suyoc, Consol., 17
Celanese Corpn.
་་P
131
121
Consolidated Mines. .011
Cerro de Pasco...
36
344
Philips Petroleum ... Public Bervice of NJ.
337
33)
294
281
Chesapeake Corpn... 30.* Chesapeake & Ohio 26 Chrysler Corph. ..............
314
Pare Oil
101
10
251
40
46
Radio Corpn.'bf Am. Republic Steel
51
51
157 15
Columbla Gas & El.
6
Columbia 8% "A" pf. 71 *
701
Reynold Tobac. "B" Schenley
381 20
19)
United Paracales, 41
Commercial Credit.., 301
231
Schenley 5% pr.
79.
78
$143
Cald. Macg. (Ord.)S
Commercial Solvents
.72
7
Sears Roebuck
54
54
Do
Praf S
Commonwealth & 8.
11
14.
Shell Union Oil
131 121
Hong Kong, 26th Feb., 1938.
$1,70
$171
Cements
24.05
:.:
!!!
$91
$9.90
153
3/10
60 cta
31%
$39
B.K Wing On
'Shai Do
Vibro Piting
(H.K.)
Va. Powolle.
Canton Icos
Kupes
Miscellaneous
Dairy Farma
$6,70 | Ch. É'tairamonta..............)
Constructions, (old $14
Lane Crawfords..........]
Bioceros................. $2,40 | 83.46
5. C. Enterprises....
70% CG.621925G. Bda.
Spa, H.E. Govt. 1%Loane pm.1.11
Do. Wallace Harper .................
14/6 Marsmans.Inv. (Lon.)
OD
***
CID $261
UD
:6.70
Do."
(ROW)
Nanyang Tobacco...
Watsons
-**- $6.40
$9
3
80 THE EXCHANGE
MARKET
MESSRS. ROZA BROS. Silver prices dropped yesterday
Commonwealth & 8.
Socony-Vacuum
131 123
6% cum. pf.
33
32
Southern Cal Edison
201
21
Consolidated Edison
20
191
Southern Pacifc
12}
114
Consolidated Ou
84
81
Southern Rly. (com)
77
64
BANK OF EAST ASIA, LIMITED.
Continental Can
40
39
Southern Rly "A""
117
101
XD
70%
3106
$101
to the extent of 1/8 for Ready and 1/16 for. Forward, the quota- tions being 20 5/18 and 20 respec-
advices tively. Silver speculators
Continental Oll Corn. Products Curtiss Wright (C.) Cortiss Wright "A" Delaware & Hudson Del. Lackawanna &
254
25
Standard Brands ...
7
7
601
60'
Stand Gas & Elec.
81
3
Authorised Capital....10,000,000.00
Paid-up Capital
41
31
Stand Gas & Elec.
16
152
$7 pl.
17
157
Reserve and Undivided
Profits
91
91
Western reported Deere Co.'
51
Studebaker 51
Standard Oil of N.J. Sterling Products ... Corpn.
45 443
551 561
Head Office:-HONG KONG
47
201
211
Swift
International 231
23
25 having sold. A Distillers Corpn. Sea-
Technicolor
171
17)
was
done.
་་
48
158
| $5.40
70 etw
Sales to Shanghai
LONDON EXCHANGE RATES
(British Wireless Service)
small business market was quiet. American Bil- Douglas Aircraft ver was quoted at 44, 3/4 for Spot. Du Pont
The London-New York rate was quoted at 496.31. New York-London was quoted at 496. 3/14.
The
grams
123
121
Texas Corpn.
371
361
38.
381
Texas Gulf Sulphur 30
291
1101
1081
cross-
Eagle Picher Lead Eectric Boat
91
13
Elec. Bond & Share
.83
Elec. Bond & Share
$5.pl.
Tidewater Assoc. Oil 121 9 Transamerica (new) 20th Cent, Fox. Filma 77
do. Films pf..... 6
Union Carbide
121
10
91
101
Wong YunTong, Esq. Kan Ying Po. Es Chan Ching Shek. Fung Ping Wah, Eay!
P. K. Kwok, Esq. Wong ChuBon, Esq.
25**
26 1
43
44 *
Carton
691
69
MARKET
Elec. Bond & Share
Union Pacific
63
814
Quiet.
$6 pr.
48.*
461
United Aircraft
231 231
STERLING
March 21
March 23.
Paris
162 11/16
182 9/16
Genera
21.634
Berlin
12.374
12.37+
Athens
Milan
941
045/16
*. U.S. DOLLARS
Copenhagen
Stockholm
and probably May:
Shanghai
1/2)
1/21
New York
4.00
4.961
Amsterdam
8.973
8.971
Vienna
Prague Helsingfors
141 11/16
142 1/18
There were sellers at 1/2"29/32 March-May, buyers at 1/2 31/32 | Flintkote Cash and 1/2 15/16 April. prob- Freeport Sulphar ably March.
There were sellers at 30 15/16 March-April
and 30 3/4 June, buyers at 30 15/16 Cash and 30 7/8 May, prob- ably April.
SHANGHAI DOLLARS
Elec: Power & Light Elec. Power & Light
$7 pf.
81
77
United Airlines Trans
01 61.
Amoy
Kawlera
avia
London
Ratreon
United Corpoi .....
2
21 Homabay
Manila
Bespon
Tilostia
Malbourne
Ban Fran
30
304
United
Corpn. $3
MANIR
Magnak!
Cisco
}
14
14
cum. pf.......
27 271
Euphong
Sew York Banctle
Stanhow
Bectarang
243
243
United Gas Corpri
31
Parle Honkah 31
Tokobama Shanghai Singapor
Gen, America Trang
35
331
Un: Gas Iprovem't
91
Gen. Cigar
24 *
24
Un. Light & power
2
17
Gen. Electric
35..
34
US. In'trial Alcohol 15
141 and Exchange business transacted.
Gen. Foods
26
25+
US. Rubber
294 284
Gen. Motora
317
311
US. Rubber pf.......
741
Securities...
Gen. Rallway Signal
17
161
U.B. Smelting
BO 58
Glidden Co.
170
151
US. Steel
48 491
Godchaux
Sugar
Vanadium
151 141
ceived fur
опе
Current Accounts opened in Local Currency and Fixed Deposita re-and Abroad.
shorter year or
Class "A"
Goodrich (BF.)
143
131
Warner Bros. Pict.... Westinghouse
41 41
periods in Local and Foreign Car-
rencies on terms which will be
Elec. $2
quoted on application.
Nominal
Goodrich $5 .pf.
47 *
47 *
Woodward Tron Cor. 144
133
Safe Deposit Boxes To Let.
Lisbon
Hong Kong
1/2 13/16
1/21
SHANGHAL MARKET
Goodyear Tire & Co.
191
181
Youngstown Sheet
Great Northern Rly.
16
151
& Tube
331
314
KAN TONG PO,
Chief Manager.
Bombay
Nominal.
Montreal
4.987
Brussels
Yokohama
Belgrade
29.49
4.90% 29.501
Great Western Sugar 25
25
Chase National Bk. 29}*
641
471
61
817
81 341 334
101
Reserve Liability of
ནཱཀྐཝབྷཏྟཾ བྷཙབྷཡྻ བྷཎྞཐཱ༢ 8ngགཙོ ཙཙནྟཔྤཨྠཚོསཡཐྰནཱནཱབྷཱཨོཧྲྰིཀྰནྡནྣཨོཾཧྲྰིཀྑཙཛྰ༡ ཿཨྰཿཀྰཨྰཿཨྰཿཀྰནྡྷནྡྷནཱཚཊྛིཥྞ སློ#t we=aཨྰཿ37vཊྚནཱ ཎྞཡྻོ
Head Office:-HONG KONG
Chairman.
priators
MANCHESTER BRANCH: 71. Mosley Street, Manchester...
AGENCIES AND BRANCHES:
ALOR STAR
· MAIDON" ILOILO
Deputy Chairman. AMRITSAR.
J. K. Bousfeld, Esq., A. H. Compton, Esq.,
J
Hon. Mr. S, H. Dodwell, Hon. Mr. M. T. Johnson,. R. Masson, Esq.,
G. Miskin, Esq.,
K. S. Morrison, Esq., A. L. Shields, Esq.
BANGKOK BATAVIA BOMBAY CALCUTTA
CANTON CAWNPORX CEAU COLONBO DELET
MADRAS MANILA
SEMARANG
CHEMBANG
(Bhuket)"
IPOH KARAOHI KLANG КОВЕ KUALA
SHANGHAI
BINGAPORE
SITIAWAN
LUMPUR KUCHING
BOUHABA YA
TAIPING
TURNTAIN
TUNGKAR
Sir Yandeleur M. Grayburn,
MEDAN
Chief Manager, AIPHONG
FEW YORK
TSINGTAO
HAMBURG
Branchesi Jooh
Penang Johore Rangoon Kobe.. Saigon Kowloon Kuala
MANKOW
HARDIN
San
Amoy Bangkok Batavia Bombay Calcutta Canton Chefoo Colombo
Francisco
Lurapur Shanghai London Singapore Sourabaya Lyons Dairen Malacca Sungei Foochow Manila
Patani' Swatow. Haiphong Muar Hamburg
(Johore) Tientsin Hankow Mukdeni Tokyo Harbin New York Tsingtao
Yokohama
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
PRIPING
YOKOHAMA
(Poking) SAMBOANGA
PENANG
HONG KONG SANGDON
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 in London undertakes Exccutor and Trustee business, and claims re- Tax of British Income covery overpaid, on terms, which may be ascertained at any of the Agencies and Branches.
R. W. ROBERTS,
Manager.
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.
An American Bank offering com- plete Foreign Banking Service in the principal Markete of the world.
Interest Rates on Application...
SAFE DEPOSIT BOXES
This Bank is entirely owned by THE CHASE NATIONAL BANE, NEW YOLK, with Resources over U.S. $2,500,000,000. ***
D. M. BIGGAR,
Manager.
No. 10, Des Voeux Road, Central,
Board of Directors:- Sir Bhouson Chow, Chairman
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 numerous Branches
Li Koon Chat, Esq. Li Lan Sang, Eain 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
Kan Tong Po, Esq., Chief Manager. Li Tre Fong, Esq. Manager
Bronches and Agencies:-
th. Pripiar
Pinang
Sourways Batow
Every description of Banking
Head Office: SHANGHAI
Hongkong Branch':
4, QUEEN'S ROAD, C. South China Offices:
CANTON
KONGMOON TOISHAN
SHIUCHOW KINGCHOW
We also handle the issue of Bonds
Loans granted ол approved and other Public Funds of the Chinese Government both at Home
THE CHASE BANK
Also up to date Safe Deposit 15, QUEEN'S ROAD CENTRAL Buxes in various sizes To Let.
HEAD. OFFICE: Hong Kong. 28th Feb... 1938.
18, PINE STREET,
NEW YORK.
4,598,000.00
2,776,726.70
Sydney
Talhoku
Tientela
Tokyo
63001942
SWATOW
SHOU J. CHEN -
Manager.
Greyhound. Corph.
箱
National City Bank 231*
*220*
Hecker Products
B
53
Call Money
1%
1%
t ex. div.
⚫ bid.
Monte Video
Bucharest
Flo
Silver (Forward)
Surer (Spot)
War Loan
ON LONDON :---
20
20 7/16 31% 1014.
Closing Quotations
Ma ch 24, 1939.
Telegraphic Transfer... 11/2 Bank Bills, on demand
20.
20 5/10
31% 101-11/16
ON NEW YORK:-
Bank Bills, on demand 30 Credits, 60 days' night 31
ON BATAVIA :-* -
13 16
On demand ON PARIS:-
Credits, 4 months' sight 1/2-1/16
ON SHANGHAI -
On-demand
OR SINGAPORE:—
On demand
ON JAPAN-
1042
41
י'
56-5/18
Bank Bills, on demand" 920
ON SAIGON :-
1213/18 Ox MANILA-
IN THE AFTERNOON The market was quiet in the afternoon.
STERLING
The market closed with sellers at 1/2 29/32 March-April and 1/2 | 7/8 May-June, buyers at 1/2 15/16
Cash-May and 1/2 29/32 June.
U.S. DOLLARS
The market closed, with sellers at 30 13/16 March-April and 30 3/4 May-June, buyers at 30 7/8 March-May and 3D 13/16 June.
REICHSMARK QUOTATIONS
Berlin, March 23. The Reichsmark quoted,
Was without guarantee, as follows:-
Credita, 4 months' right 1,068
On demand
981
New York, 40.145.
On' demand
819
ON BANGKOK-
Paris, 1307.
On demand
1001
On demand
Amsterdam. 12.50.
1604
OM INDIA:--
Sovereign. Notes
London. 12.38.
Parla Sterling, 162.75 to 163.
Telegraphic Transfer... Bank, on demand
1/3
BAR SILVER, DOS DE
Paris US. Dollar, 32.86 to 32.23.
20-5/18
Bank Buying Rate.....
NO COVER FOR PUPPET NOTES
REPORTED EXCHANGE 'DEALS UNTRUE
Tientsin, March 24. Yesterday's Pelping reports to the effect that banks affiliated to the Federal Reserve Bank were. transacting limited foreign ex- change on the basis of 1/2 have hitherto remained unsubstantiated, Local banks decline to sell Alleging against Federal notes, that no testructions have been re- petrol A
¡H.K. SHAREBROKERS' ASSOCIATION BUYERS
Providents (Old); $3.45. Providents (New), $1.45. Trams, $15.30.
Electrics, $59. Cements, $171. Watsons X.D., $61.
SALES
Electrics, $59. ' Cements, $174. Watems. XD., $63. San Mauricio, 82 cts.
PHILIPPINE
MINING NEWS
THE TOKOHAMA SPECIE BANK
LIMITED
Capital (fully paid up)
Yen 100,000,000.00 Reserve Fund ......Yen 135,900,000.00
Hsinking Bio de Karachi Janeiro
་
Kobe
Ban London Francisco Los Angeles Seattle
Bemarang Moji Shanghai
Hand Office:-YOKOHAMA
THE BANTA BARBARA Mining
BRANCHES AND AGENCIES AT: company held its annual meeting Alexandria Honolulu Rangoon recently and re-elected the follow- Bangkok ing to the board of directors; J.Batavia Arnault, president; Miss Maria Berlin
Bombay Martines, vice president; A. W.
Calcutta Ralston, R L. Lile and J. Castro,
Manila Canton members.
Dairen IXL MINING COMPANY, Inc., (Daloy) Nagasaki Singapore held its annual meeting of stock- Fengtien Nagoya Soerabaya holders on March 16.
(Mukden) New York Sydney
Tientsin MINERAL RESOURCES, Inc.. Hamburg Osaka
Tokyo elected the following officers and Hankow Otaru
Harbin Paris Taingtao director sfor the current year in
Tinkow
:
the stockholders' annual meeting: Hong Kong Peking 8. F. Gaches, president; M. M.
Saleeby, ce-president: Kenneth
Interest allowed Accounts.
on
Current
Deposits received
for
Fixed
B. Day, treasurer; Jose Araneta, A. Periods at rates to be obtained
N.. Juridini V. C. Lednicky, and A. on application.
It is rumoured that negotiations but at present the position is un-F. Peters, directors, O, M. Shuman are in progress whereby, "daylight" changed with no cover svaliable was relected secretary and as815-
tant treasurer may be seen in the distant future. agai
notes Reuter).
Y. KANO,
Manager
Hong Kong, 10th March, 1938.