$1,595

PAGE 12-HONG KONG DAILY PRESS

DAILY SHARE QUOTATIONS Hong Kong Stock Exchange

daresi

Balla

Su Ngains

MONDAY. MARCH 28,

B

H.K. Barks

Sharebrokers' Association

H. K. STOCK EXCHANGE

Bayer

5411878 Aaler

Do. (London) .....]

FINANCE

NEW YORK STOCK EXCHANGE

(Through Reuter's Service)

TUESDAY, MARCH

BANKS

29, 1938

QUOTATIONS

51,530

The market

La

11

Chartered Banks...

1

ed.

228

Mercantile Bks "A"

£24

£14

Do.

£14

Bank of East Asia... 180

YESTERDAY'S:

OFFICIAL QUOTATIONS.

was quiet steady, prices being well maintain-

The Manila market is reported to have been very quiet,

Now York: March 27

Last High Low Close

Today's Clove

but

New York London Cross rate. New York Cotton-May. New York Rabbor-May. Chicago Wheat --May. Chicago Corn

8.79 6.83 SL67

8.71

Change

.03 'up

..1.350,000,000

A

13044

14.95*

.09 OK

56

801 88

1/4 of

Sterling

......£ 8,500,000

-May.

Winnipeg Wheat-May.

€11 501 117 116

Bo

8 *

1/4 up

H.K. Currency Hoserve, $10,000,000]

117

116

3/9 oft

$20,000,000

SilverOfficial

240

1937...

N. 0. & 3. Bank..

12

BUYERS

High

Insurances

fi

Low Dow Joom Averago, Mar. 25. 134.95 lv8 57 30 Industrials

High Low Close

Спицие

10:07

109 44 108.05 1 6.63

1.94 off

$275

Canton insarádem.

#275

* !

$6321

$530

Union InsurELIONI ..

763

Underwriters

$245

1.K. Fires...

82 $245

Shipping

$67

Douglassa

$70

16/17!

Steamboats

316

151

Indo-Chinas (prof.)

70/-

H.K. Bank. $1525. Bank of East Asia, $80. Union Insurance, $532). China Underwriters, $2. H.K. Steamboats. $16) Providents (Old), $3,6), Providents (New),

33.77 1998

20 Raile

19.95

10.11 19.68 1969

37 off

32.20 18.38

20 Utilities

18.39

1,83 15.07 180S

9 70 86.64 40. Boods

86,14

84.92 61.13

11 Commodity ladox $1.13.

80.14 BL.10

.29 of 40 of .03 off

T. E. Pearce, Esq.,

Hon. Mr. J. J. Paterson,

Business Doner-1,380,900 shares.

STOCKS

Last Sals

STOCKS

1.80.

Mar. 25 26

Last Sale Mar. 25 26

193

82/6

16/0

Da.

Wsterbosta

Kailans

37,90 || Rauba ...jemovaurie

Venezuel Gold Fli

14

10 obe. "Hoogkong Min -

Ducks, Wharif,

Godowna, ett

(def.)

Shelle ...............

**

30/-

H.K. Lands 4, Deb., $100.

Adams Express

73

7

Humble Oil

60

601

£2/6

Chinese Estates, $97.

$91

Mining

15/6

#7.3")

AN

$3.40

{$6,80/7 |

8100 Shangnai Deck S. $3.00 New Pagiuserings B. Lands, Hotels, and

Building

4K Hotels

13548

H.K. & K. Wharrow.

$1351

$3.50

3865

Provideats (old) ...

$3,55

Cements. $173.

$1.00

1.60, 63

$33

Du. (00) $1,55 H.K. & W. Dooka

Dairy Farms. $24.

$334

Watsons, $6.80.

$100

Sinceres, $2,20.

Constructions. $11.

H.K. Tramways. $15.80. Peak Trams, (Old), $7. Star Ferries, 3484. China Lights (Old), $12.05. HK. Electrics, $59. Sandakan Lights". $141. Telephones (Old), $261. Telephones (New), $10.

Alleghany Steel Co. Allis Chalmers ............... Amer. Can......... Amer. Cynamid "B" 177 Amer. & For. Power 2 Amer. & For. $7 pl. 15

14

131

Int. Nickel

45$

45

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital Issued & Fully Paid-Up 20,000,000) Reaarve Funds- i.

Reserve Liability of

Proprietara

Head Office:-HONG KONG

Board of Directors.

Chairman.

THE CHARTERED BANK OF INDIA AUSTRALIA AND CHINA Incorporated by Royal Charter IN3S

HEAD OFFICE: LONDON: 33. Bishopagate E.C.2.

Paid-up Cupital.. Reserve Fund Reserve Liablilty of Pro-

prietors

£3.000.000

£3.000.000

£3.000.000

MANCHESTER BRANCH:

71, Mosley Street, Manchester.

AGENCIES AND BRANCHES:

SALOON ILOILO

Deputy Chairman. | ALOR STAR J. K. Bousfield, Esq.. A. H. Compton, Esq.,

Hon. Mr. S. H. Dodwell, Hon. Mr. M. T.. Johnson, J. R Maason, Esq.,

AMRITSAR IPOM

BANGKOK

BATAVIA

SEMABANG

381

39

int. Tel & Tel

61

64

G. Miskin, Esq.,

782

76

Int. Dept. Stores...

"74

7

E. S. Morrison, Esq.,

Kennecott Copper... Lambert Corpa.

30%

91

14

Libbey-Owens- Ford

Amer. Locomotive... Amer. Metals

144

131

Glass

27

281

¥82

Amer. Radiator......

10

01

Lockheed Aircraft .. Loew's Inc.

6+

361

Amer. Rolling Mill...

15

141

Lorillard

15

Amer. Smelting ......

337

33

McKesson & Rabbins

Amer. Sugar Ring

241

241

$3 pt.

304

Amer. Tel. & Tel.

120-4

1171

Martin, Glen L...

15

18.0

#7 6.00 93

#363

H.K Landa..

$35

Wm. Powell. Ltd., 60 cts.

H.K. Govt. 31% Loan, $2 pm. Wallace Harpers, $10.

Marsmans (HK.). 3/10

11

Amer. Tobacco "B" 621

611

1

Amer. Waterworks ...

7"

61

Anaconda Copper Atchison, T. & S. Fe.

251

' གཏྠཊྛོ

Monsanto Chemical 741

Montgomery Ward. 291 Nat.

Bond Invest-

25

341

ment

12 *

Atlas Corp.

6)

#

Nat. Cash Register 14

$100

Do. 4% Dabentures

$100

37

Shanghai Lank, s.

Metropolitan Ladds..

5.40 H.K. Roalties.......

Humphreys

Sut

Chinese Estate......

Cotton Mil

wos

* SELLERS

Auburn Motors .......

34

31

Nat Dairy Products 12}

Baltimore & Ohio ...

5

#

Nat. Distillers

181

$52

H.K. Tramways, $15.85.

B'more & Ohio Prd.

6)

6

Nat. Power & Light

51

$9

Barber & Co.

Barnsdal Of

SALES

Bethlehem Steel ..

י

$15.50 116.85} $15,65 |

$7

$694

#148 $281

Sandakan Lights |

$13.60

$72

S'ha Cottons....S..

$13,80 $70.

Zoong Sings

5.

24

Wing Or: Textile(S.) 333

Ewo Cotton Bts. S.

Public Utiles

Trasyon

$15,401

Poak Trama (old) ........

Da

HK Tramways, $15.00.

(now).. $3

+4

Star Ferries

*81

$231

Yaunati Ferris

28

12.10 116

China Lights (old)....

3.2.20

Dairy Farms $25.

$9:10

Do. (new)...

39 10

Watsons, $6.70.

Dǝ. Itu

01/60

B.K. Electrita s MARU do

360

Tuloplastus old)...!!

$10

Do.

(now)...

13/

Tractions

23/0

Do. (pref.)......

Industrial

$121

*14) Caid, Macg. (On.)S

No. Prut S

$1.70

Canton Ice

LED

$17.60

$171

Cements

#174

$1,05

Ropes........

OD

34.60

Miscellaneous

$245

$25

Dairy Farma

820

XD

$0.70] Ch. Etainmeala...........

D $6.70

Boeing Airplane Co.

Borden Co.

Borg-Warner .....................

Briggs M'facturing..

Brooklyn-Manhattan

Fig.

297

Bagulo Gold, 20,

310

22 6

Continental Oil

70% 8pm

Constructions, (old)| 41å

Do. (EAP)}

Lane Crawford..... Nanyang Tobacco.. Sincerosassone, an Watsons...

S. C. Enterprises

0.0%19250.9Bds. H.K. Gort, #Znan

Do.

31% Wallace Harper......

Ú

BK Winz

Do

Vibro Piling 13/8-Marsmans Ir v.{Lon.

RATES

(British Wireless Service)

Mar. 24

Parks

182 1/16

Mar. 26 183 15/16

7/8.

Genera

21.04

21.66

Berlin

12.37

12.37

Athens

Milan

941

941

Copenhagen

Stockholm

Shanghai

1/2

1/21

New York

4.901

4.957

Amsterdam

8.01

8.97

Vienna

Prague

1421

142 1/16

Helingfors

Lisbon

Hong Kong

1/21

Bombay

Montreal

4.041

Brussels

29.481

Yokohama

1/1 31/32

Belgrade

$1.20 $6.60

$10

$39

3/10

60 ots

S'hai

(EL.K.)

Wa. Towella

422

*Salpa to Shanghai

LONDON EXCHANGE

Monta Video Bucharest

Blo.......

Silver (Forward) Silver (Spot) War Loan

ON LONDON:-

201

201

3% 1011

Closing Quotations

March 28, 1939.

Telegraphic Transfer... 11/2 Bank Bills, on demand 11 18 Credite, 4 months' sight 1/8-15/16

ON SHANGHAI:-

ON SINGAPORE:---

ON JAPAN:-**

OF NEW YORK:-

4.98

$4

3245

$6.70 XD

70% 3106

1102

29.441

1/1 31/32

201. 201

Macao Electrics. $18.

Union Insurance, $530 H.K. Steamboats, $16/17. H.K. & K. Wharves, 11354/8.

Providents (Old), $3,85

Providents (News), 180.

H&S. Hotels, $6.90/7.

China Lights (Old), $12.10/15.

H.K. Electrics, $597/60.

Cements, $172.

(Prices below in Phil. Currency)

Antamoks Ps.. .51

Atoks, .25

Benguet Consol.." 9.50

Coco Grove, .47

Consol. Mines, .011

Demonstrations, 34

IX.L. 70

Paracale Gumaus. 20

San Maurleto, .48

Suyoc Consol., 181

United Paracales, 41

Trans............

Brooklyn-Manhattan

$6 cum, pl. Case. JJ.

Canadian Paciic

Celanese Corpn......

Cerro de Pasco .......

Chesapeake Corpn.... 294"

Chesapeake & Ohio 241 Chrysler Corpn. ...... Columbia Gas & El. Columbia 6% "A" pf. 70 Commercial Credit... 281 Commercial Solvents .Commonwealth & 8. Commonwealth & 8.

6% cum. pr.

Consolidated Edison 182

Consolidated O

Continental Can

Corn. "Products ....

THE EXCHANGE Curtiss Wright (C)

MARKET

MESSRS. ROZA BROS.

The price for Ready Silver was unchanged over the week-end but the Forward rate rose 1/16. the quotations being 20 3/8 and 20 1/8 respectively Silver advices re- ported the market as being steady

Curtiss Wright "A" 142

Delaware & Hudson

Del. Lackawanna ♣

Western

Deere Co.

Distillers Corpn. Sea-

grams Douglas Aircraft Du Pont

Eagle Picher Lead Electric Boat Elec, Bond & Share

70 cts with some Indian covering. Ameri-Elec. Bond & Share

can Silver was quoted at 44 3/4 for Spot.

Bank Bills, on demand, 30-5/16' Credita, 50 days' sight ·30 13/18 |

OF BATAVIA -

On demand

ON PARIE:-

Bank Bills, on demand 895 Credits, 4 months' night 1,670

On demand

110 nol

ON SAIGON-

On demand

On demand

+62)

DR. MANILA 3-mon

"On demand

001

ON BANGKOK:--

Or demand

1043

On demand

1811

ON INDIA:-

Sovereign Notes

Bink on demand

Bank Buying Rate........ [/2) BA SUVER per of

Telegraphic Transtes 81

208

The London-New York cross- was quoted at 495.87. New rate York-London' was quoted at 405.

MARKET

An easy tone was apparent from the start. Towards closing time the market was a shade steadier.

STERLING

$5.pt.

$8 pl.

Elec. Bond & Share

Elec Power & Light

Elec. Power & Light

$7 pt. Flintkote Freeport Sulphur

*

104+

Ingrod a **

***** *

**

⠀⠀×××8

T**888*TRA

Gen. America Trans 33

Gen. Cigar .....

Gen. Mectric

Gen. Foods

Gen. Motors

Doubtful at the opening. 1/2 Gen. Railway Signal 15

this rate. Į Godchaux

rate

3/4 was on offer for near resulting Gligden Co. in some business at Subsequently the selling gradually recorded to 1/2 23/32 and 1/2 11/16 at which rates some transactions were done for cash. The market closed at 1 p.m. with sellers a 1/2 21/32 Cash, buyers bidding 1/2 23/32 for near and 1/2 11/16. April

U.S. DOLLARS Business was reported at 30 1/2

Bugar

KATA+

'Class "A"

121 Goodrich (B.F.)

44 * Goodrich $5 pi. Goodyear Tire & Co. 167 Great Northern Rly. 134 Great Western Sugar 25

Corpn. Greyhound Hecker Products

and subsequently at 30 7/16 and PHILIPPINE

30 3/8 for near. The market clos- ed at lunch time with sellers at 30 1/4 March-April, buyers at 30 3/8 near and 30 5/16 forward.

SHANGHAI DOLLARS

Nominal,

SHANGHAI MARKET

Nominal.

IN THE AFTERNOON The market in the afternoon was inclined to easiness.

STERLING

.

144

MINING NEWS

181

35

Texas Gulf Sulphur 29

Tidewater Assoc. O 111 92 Transamerica (new)

do. Union

Carbide

Carton .....

Union Pacific United Aircraft United Airlines Trans United Corpn. ..... United

Woodward Iron Cor. 111

of the drift assayed P150.00 across 5 feet. During March several dev- elopment raises will be started from

Nabob No. 3 drifts east and west

which will assist to block out are. A system of drifting and raising has been planned for the Water West area.

MINE OPERATIONS, INC., re- ports that in spite of the heavy rains in the land of Masbate in February, progress at Capery .con- tinued to

MINDANAO MOTHER LODE be very encouraging. Staff houses are now fully com-treated 4.217 tons of ore during Fe- pleted. A road is being built from bruary, from which P112,320.68 in the river landing to the highway. gold and silver bullion was pro- which will greatly facilitate ship-duced.

ments to the property as gaters

can bring the freight directly to

;

ACOJE MINING Company, Inc..

as of March 19,

Amry

VACH

Eth faicotia

17 how

די

London

Manlis

"

Semarang

Esq

H.K. SHAREBROKERS' ASSOCIATION

BUYERS

Douglases, $70. Trams, $15.70. Star Ferries, $84). China Lights. (Old), $12.10. Electrics, $591. Canton Ices, $1.80. Cements, $17.65:

THE YOKOHAMA SPECIE BANK

LIMITED

Capital (fully paid up)

Reserve Fund

Yen 100,000,000,00 Yen 135,000,000.00

Head Office:-YOKOHAMA

BRANCHES AND AGENCIES AT: Alexandria Honolulu Rangoon Bangkok Heinking Rio do Batavia Karachi Janeiro

Kobe

Ban Loudou Francisco Los Angeles Seattle Manila Semarang Moji

Shanghai (Dalny) Nagasaki Singapore

Berlin Bombay

Calautta,

SELLERS Providents (Old), $3.70. Electrics, $592.

Canton Dairen

SALES Underwriters, $2.

Providenta (Old), $3.85, China Lights (Old), $12.15. Cements, $172.

ATOK GOLD MINING Company,

Inc., declared a cash dividend of

The market closed with sellers the landing. The excavation work has declared a cash dividend of at 1/2 5/8 March and 1/2 19/32 is nearly completed, and actual one-half centavo per share payable April-May, buyers at 1/2 11/16 construction work will begin very March 30, to stockholders of record

shortly. Cash and 1/2 21/32 April-May.

Nabob No. 3 dit weet was ad- This is the first quarterly one centavo per share at the meet- vanced 45 feet in are which aver-dividend to be paid by Acoje this ing of the board of dircetors held The market Anished with sellers aged F19.50 over a width of 41 year, the rest will be paid at the recently.

The dividend will be paid April at 30 1/4 March and 30 3/16 April-feet. At the end of the month the end of every quarter as decided bỳ. Máy, buyers at 30 8/18 Cash-April vein in the drif) widened out and Its board of directors in the last 6. to all stockholders of record as

of March 31 and 30 1/4 May-June.

higher values were cut. The face annual meeting of stockholders.

U.S. DOLLARS

Fengtien Nagoya Boerabaya (Mukden) New York Sydney Hamburg Osaka Tientsin Hankow

Tsingtao Vinkow Interest allowed on Current

Tokyo

Harbin Paris... Hong Kong Peking

Deponita

Accounts.

received for Fixed Periode at rates to be obtained on application.

T. KANO,

Manager

Hong Kong, 10th March, 1938.

141

123

Nat. Supply Corpn. 15)

12

111

New York Central

11

47

403

Niagara Hudson P

241

234

Corpn.

52

16)

· 18

N. America Aviation

63

10

19

North America Co. 151

161

15

Northern Pacifc

Pacific Gas & Elec 25

61.

6 Paclac Lighting

33

************ 8:7E8663- *a **#*#377÷ ̃ ̃ˆ ⠀⠀⠀⠀6*E*

- 661

Packard Motors .....

6) Paramount "Pictures Paramount 1st. pf. 711 161 Pennsylvania RR.... Phillips Petroleum... 36 Public Service of NJ, 25

4

251

Pure O..........

Radio Corpn. of Am.

S

Republic Steel

13

Reynold Tobac.. "E"

354

Schenley

163

Schenley 5% 'pt.

75

Sears Roebuck

501

501

Shell Union Oll

10

Socony-Vacuum

121

Southern Cal Edison

201

Southern Pacific

101

19

Southern Rly" (com)

Southern Rly "A"

61 101

Standard Brands.

01

Stand Gas & Elec..

27

Stand Gas & Elec.

ST pt..... Standard Oil of N.J. Sterling Products ... Studebaker Corpn. 4 Swift International 231 Technicolor

Texas Corpn. .......

142

427 : 42 53

-1- 27 27 -:8722 77+7«~~788 • * CNS-8A-TEC-8 $85** 8**=*888**-== TERE

A. L. Shields, Esq..

Sir Vandeleur M. Grayburn,

Chief Manager. BAPKONU

Branches-

Amoy

Bangkok Batavia

Bombay Calcutta Canton Chefoo

Ipoli Johore

Penang

Rangoon

Kobe

Saigon

Kowloon

San

Kusla

-Lumpur Shanghai

London

Singapore

Colombo

Lyons

Sourabaya

Dairen

Malacca

Sungai

Foochow

Manila

Haiphong Muar

Hong Kong, 28th Feb., 1938.

118

BANK OF EAST ASIA. LIMITED.

RARBIN

HONG KONG

PRIPING

SITIAWAN BOUBABYA TAIPING TIENT IN

(Bhuket) TSANOTAO

TOKOHAMA

(Peking) ZAMBOANGA

PENANG

RANGGON

FOREIGN EXCHANGs and General Francisco Banking Business transacted.

Patani

Swalow,

(Johore) Tientsin Hamburg Hankow Mukden Tokyo Harbin

New York Tsingtao Hongkow Peiping

Yokohama Iloilo

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.

Also up to date Safe Deposit Boxes in various sizes To Let. Hong Kong. 28th Feb. 1938.

BONG 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 HoxG KONG & SHANGHAI BANKINO CORPORATION.

V. M. GRAYBURN,

Chief Manager,

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for Dae Year or shorter periods at rates which will be quoted on applica. tion.

The Bank's

Offce in Head London undertakes Executor and Trustee business, and alaima re-

of covery

British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.

R. W. ROBERTS,

Manager.

THE CHASE BANK

13, QUEEN'S ROAD CENTRAL

HEAD OFFICE:

18, FINE STREST,

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 CHASE NATIONAL BANK, NEW YORK, with Resources Over U.S. 82,000,000,000,

D. M. BIGGAR,

Manager,

BOMBAY

CALCUTTA CANTON CAWNPOBE CEBU COLOMBO

DER]

KARACHI KLANG KOER KUALA

SEREMBANG

**ANGHAL

SINGAPONZ

LUMPUR

KUCHING MADEAS MANILA

TONGKAŬ

MEDAN

NEW YORK

HAMBURG"

BANKOW

Authorised Capital...810,000,000.00 Paid-up Capital Reserve and Undivided

Profits

20th Cent. Fox. Films 17)

54 51

Films pf....

251

&

"

38 *

86

61

444*

21

Rangoon

Bwałow

6

Зайдон

Bydary

2}

In

Corpn. $3

Ephong

cum. pf.

United Gas Corpn.

201 3

elago New York Seactie Om

Melbourga San Ferna MAZADAKİ

Taiboku

Tientela

Iskre

Arnoiak Hobe

Para

Shanbal

VADDOUYU Yokohama

Palplay

Singapore

Un. Gas I'prove't

Un. Light & power

0191 14

CANTON SWATOW

U.S. In'trial Alcohol 15

U.S. Rubber

251

U.S. Rubber pi.

671

US. Smelting

523

UB. Steel

441

ceived fur

Vanadium

12)

Warner Bros. Pict....

4

12

Westinghouse Elec.

71

42 *

241

164

Youngstown.

Bheet

131

& Tube

281

shorter Chinese Government, both at Home periods in Local and Foreign Cur-and Abroad. rencies on terms which will be

SHOU J. CHEN quoted on application.

Safe Deposit Boxes To Let. KAN TONG PO.

Chief Manager.

41

Manager...

244

3 54

81

.54

Chase National Bk. 27}* National City Bank Call Money ......

211*

211*

1%

1%

* ex. div.

• bid.

5,698,500,00

2,776,728,70

Head Office:-HONG KONG

No. 19, Des Voeux Road, Central.

Board of Directors: ----

Sir Shouson Chow, Chairman

BANK OF CHINA

Specially Chartered by THE NATIONAL GOVERNMENT.

OF CHINA AS AN INTERNATIONAL EXCHANGE

- BANK

PAIDUP CAPITAL...540,000,000.00.

Li Ka Chun, Esq. Li Lan Sang, Esq.BRANCHES ALL OVER CHINA)

P. K. Kwok, Esq. Wong ChuSon, Esq. Wong YunTong, Eaq, Kat Ying Pu. Esq Chan Ching Shok.

Owing to our humerous Branches

Fung Ping Wah, in China and connections in the Esq.

Kan Tong Poy Bag, Chief Mansor. Li The Fonz. Eg Manager

Bruncher and Agencies --

Kowloon Penang

Bourabaya

Every description of Banking

and Exchange business transacted.

securities.

principal Commercial Centres of the World, we are able to extend to our Clicuts special facilities for Domestic and Foreign Banking and Exchange.

Head Office: SHANGHAI

Hongkong Branch:

4, QUEEN'S ROAD, 0.

South China Officer:

KONGMOON TOISHAN

We also handle the issue of Bonde

Loana granted 04 approved SHIUCHOW KINGCHOW

Current Accounts opened in Local and other Public Funds of the Currency and Fixed Deposita re-

One year or

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