OD
#
1993
$520 +2.15 133
Union Insurance, $520.
Raubs, 481.
PAGE 12-HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock
Exchange
Rayes
Balleen
Lion
186
$970
MONDAY,
Sharebrokers"
Association
Ballard
Bayern
Home
APRIL 25.
Hanke
$1,645
HK. Bank
$1,540]
091
Pa. (London) ...
1x
Chartered Bank....
Pra
Mercantile Bk. "A"
£14
ESL £181
214
-A
Do
Bank of East Asia........ N. O. & 8. Bank» ... Insurance
Canton Insuran1099, Union InsuraNOON ....... Underwriters
ELK. Fires...-9981
Shipping
HK STOCK EXCHANGE
YESTERDAY'S OFFICIAL
QUOTATIONS
The market continued steady with buyers willing to increase their offers for some of the pubil: utility counters but with little res- ponse from Holders of Sharea.
BUYERS
HK Bank. $1540.
Bank of East Asia, $86. Canton Insurance, $270.
FINANCE
NEW YORK STOCK EXCHANGE
(Through Router's Servicë)
K
High Low Dow Jones Averages April 20. High Low Close
50,41
QUOTATIONS
New York: Aprü 31.
New York Custon May, New York Rubber-May.
Chiongo Wheat Chicago Corn
MAY.
8.
Lost Today' High Low Close Close 8.63 8.88 8,90 8.48 11.80 128 177 14.63
83
14
-Msy.
199
Changy .02 off
1/4 of 1/8 of
Winnipeg Wear ---May..
1437 181) 1931
1948
Uhange
124.95 $8.95 30 Industrials
11.
83.77 19.00 20 Rails
99.90 14.14 Utilimon
BITU 83.39 40 Bonds
18,7 80.10
11931 117.80 117.84 .58 off 3400 19,05 #20] .18 of 19.08 18.65.18.1
:08 F 86.53.13 ap
5692 48.88, 11 Commodity Index – 50.81"
Business Done:—410,9)1 shares.
HK & K Wharves. $133.
STOCKS
Last Sale
STOCKS
303
Doaglssess
190
$13
Stabbe
CD
HK. Mines, 111 cts.
April 22 23
131
Indo-China (prel)
5
$93
H. & S. Hotels, $6.70.
Adams Express
31 81
:91
86/3.
Shells
18.90
Do. (def.)
Waterbosta
1/4 Kailans.
Raphs
Venatbell Gold Eld. "Hongkong Mines... Docks. Wharves, Godowns, ato.
20/-
85/3
H.K. Lands, 4% debentures, $100 Alleghany Steel Co. 18) Humphreys, $9.
181*
Humble Oil
* Int. Nickel 48
Last Sale April 22 23 69% 69
473
Allis Chalmers ...............
44
424
Int. Tel. & TOL......
TUESDAY, APRIL 26, 1938.
BANKS
HONG KONG AND SHANGHAI
· BANKING CORPORATION
Authorised Capital .................$30,000,000| Issued & Fully Paid-Up #20,000,000 || Reserve Funds:-
Sterling
£ 8,800,000
THE CHARTERED BANK OF INDIA “AUSTRALIA AND CHINA Incorporated by Royal Charter 1853
HEAD OFFICE: LONDON: 33, Bishopsgate EC2
H.K. Currency Bosorve $10,000,000 Paid-up Capital.... Reserve Liability of
Proprietors
..$20,000,000
Head Office:-HONG KONG
Board of Directors. T. E. Pearce, Esq.,
Chairman.
Hon. Mr. J. J. Paterno,
Deputy ChairmBN,
J. K. Bousfeld, g A. H. Compton, Esq.,
Hoa, Mr. 8. H. Dodwell, Hon. Mr. M. T. Johnson,
Reverse Fund
... £ZOOS IND £3.000.000
Reserve Liablity of Pros
brlitora.....
£3.090.890
་་་་་
MANCHESTER BRANCH:
71, Mosley Street, Manchester.
AGENCIES AND BRANCHES: ALUR ITAR AMERITRAR BANGKOK
BOMBAY
BATAVIA
ILOILO
ruli KARACHI KLANG
SALGO
SEMARANG
SELAMBANG
8
J. B. Masson, Esq.,
$4.90
H.K. Realtles, $5:15.
Amer. Can.........
8811
881
Mining
Chinese Estates, $99.
Amer, Dynamid, "B" 201
201
11/6
RE
14 06 Now Engluserings 5.
Bulding
Leta 12 eta 11 ota.
$133
H.K. A K. Wiarton.
43.40
Providents (uldi
$133
$3,30
Do. (new)
$3.9
X 11.7
H.K. & W. Dooks
1320
:
11
Do Do
(new)
3214
-81
398
Shangnai Dock 8.
11
3100 14
Lands, Hotels, And
$6,70
62
H.K. Hotel
19
HK Lands......., §. D. 4% Debentures Shanghai Landa...8. Metropolitan Lands.,
1.70
4101
15.15
$99
$3,20
59.10
"T
B.K. Healties........ Hutapbroj .. Chin Kuta
Yaunisti Ferries
Do Ru
ELK. Electrics ....... Ç{
Macao do
Telephonea (old) ... | 197
"Cotton Mills
#141
OD
$74
S'hai Cotton
$14.30
70
H. & S. Hotels. $83.
Zoong Sing
$24
FK. Lands. $37.
138
Wing On Textilėn†S.;
#35+
H.K. Tramways. $161.
Ewo Cotton fits. A
Public Utilitá
$10318:40 $16)
Tramways sorriso
$16,40
17
Do
$854
$24.99
11.85
100
China Lights
12
Da
Star Ferries ***** fold)...
Peak Tram folly...
(now)
*854
Cements. $17.35-40.
Lane, Crawfords, $9.40.
$11.85)
Marsmana (HK), 4/-
(DOW)...
38 10
(Prices below In Phil. Currency)
349
$491
50
*
117
Cocu Grove, .51
14
Bandakan Lights..........
Paracale Gumaus, 194
327
した
$10.70
San Mauricio. 45
Do.
(new)... $10,65
25/-
Tractions
29/8
26/-
Do. (prot.)
Industrial
$14)
$12
Cald., Macg. (Ord,)S
Do.
(Prel)S]
$1,70
Canton Ices
$160
$17.20 817)
$17.30
Carments
$4.80
Ropes
Antamoks Ps.
H.K. Tramways, $165, Peak Trams (014), $7. Star Ferries, 356.
China Lights (Old), $114. HX. Electrics, $59), Telephones (Old), $27. Telephones (New), «$10.70.
Cements. $17.35.
Dairy Farms," $241.
Lane, Crawfords, $9.40... Wing On Textiles,..$38. Constructions, $ij. Marsmans H.K.). 3/10-
SELLERS
H.K. Mines, 12) ets. H.K. Landș, $37. H.K. Tramways, $181. Cements. $17.50.
SALES
H.K. Bank, $1545. Providents (Old). $3.35/30.
HK. Mines, 12 cts.
Star Ferries. $85.
China Lights, (Old), $11.85. H.K. Electrics, 3593.
Telephones (New), $10.70.
Amer. & For. Power
31
Amer. à For. $i på. Jik
50
Auburn Motori Baltimore & Ohio... Brore & Ohio Pfd. 71 Barber & Co. `.................... Barrisdall Of.......... Bethlehem Steel -... Boeing Airplane Co. 281 Borden Co... Borg-Warner .............. 23 Briggs Mfacturing. 201 Brooklyn-Manhattan
Trans, ...... Brooklyn-Manhattan
$6 cum. pf. Case, JL.
.161
71
357
Canadian Pacioc .... 61 Celanese Corpn... 147 Cerro de Pasco Chesapeake Corpn.... 324 Chesapeake & Ohio 271 Chrysler Corpa! ......
48
Amer. Locomotive .... Amer. Metals
181
33
Amer. Radiator
13
Amer. Rolling Mill.... 18
Amer. Smelting
392
Amer. Sugar Ring. 27
Amer. Tobacco "B" 71 Amer. Waterworks... Anaconda Copper ... 291 Atchison, T. & S. Fa. 23 Allas Corpo........
Amer. Tel. & Tel. 1297 1287
аз
72 31
6:1
171
14)
231
18+
Columbia Gas &
바
Fot
$.10 Sincerse
sał
Wat 30123 aynımsat 8. C. Enterprise 734*. CLLG.541826GB. Spa H.K. Gert. 42 Lrans
Wallace Harper....
Ch. K'tainment
Lane Crawfords... ·
Nanyang Tobacco..
$5
-6.30
4
18/6 Marumana Ir. v. (Long)]
יו.
$100
1pm
Do.
$102
110
149
S'hal
HK Wing Ou...
*50
151
Vibro Piling.........
$5
3/10
170 ct.] Wm. Powaliz
(H.K.)
70 cta
Steady.
*Bales to Shanghai
April 21
April 23.
1591
145-15/16
21.891
21.69+
12.40:
12.394
95-13/18
942
22.40
19.40
13, 114,
New York
4.981
8.96
4.981 8.96
Prague Helsingfors
1432
Lisbon
Hong Kong
Eombay
15. 8-1/324.
Montreal...
501-9/18
29.58
5.011 29.541
Miscellaneous
Dairy Farms. **** ---
Constructions, (old) rik-
Do.
Buyoc Consol, 17
THE EXCHANGE
MARKET
MESSRS.. ROZA BROS.
Silver prices rose 1/8 over the week-end for both deliveries, the 89.41
quotations being 18 15/16 for 1245 Ready and 18 3/4 lor Forward. 38.30 Silver advices reported India as having bought. The market was 7% quiet. American Silver was quot-
ed at 42 3/4 för Spot.
LONDON EXCHANGE RATES -
(British Wireless Berrine)
The London-New York cross- rate was quoted at 498.81. New York-London was quoted at 498 13/18.
MARKET
STERLING
There were sellers at 1/2 29/32 April-May and 1/2 7/8 June-July. buyers at 1/2 15/10 Cash-May and 1/2 29/32 July.
U.S. DOLLARS
There were sellers at 31 April. possibly May, buyers at 31 1/18 Cash-May and 31 June.
SHANGHAI DOLLARS
Nominal.
6% cum, pl....... 343 Consolidated Edison 211 Consolidated Of Continental Can Continental O...... Corn. Products Curtiss Wright (C) Cartiss Wright "A" 18
Delaware & Hudson
Del Lackawanna &.
Western Deere Co.......... Distillers Corpn. Sen-
grams
448 Douglas Aircraft ... Du Pont......... Eagle Ficher Lead Electric Boat Eles. Bond & Share Elec. Bond & Share
$5 bf.......... Elec. Bond & Share
Elec Power & Light
"36 DI.
Elec. Power & Light
$7 pl....... Filntkote Freeport Sulphur ... Gen. America Trans 351 Gen. Cigar .....
Gen. Electric...... Gen. Foods
Columbia 6% "A" pr. 60% Commercial Credit... Commercial Solvents Commonwealth & B Commonwealth & 8.
Gen. Motors ...........
Gen. Railway Signal 181
SHANGHAI MARKET,
Nominal.
201
184.
18-13/16
$24)
$13
$9.40
Paris"
Genera
Berlin
89,40
Athens
Milan
Copenhagen
Stockholm
Shanghai
Amsterdam
Vienna
Brussels
Yokohama
Belgrade
Monte Video
Bucharest
Rio
Silver. (Forward)
Silver (Spot)"
War Loan
OF LONDON:-
31% 103-1/16.
Closing Quotations
April 26, 1688.
Telegraphio Transfer... 11/%
Bank Bills, on demand √ 25/32:
'Credits, 4 months' sight 1/2-1/31]
ON BRANGEAL
On demand
On Smakroné!--*
On demand
UN JAPAN LAMA
108
ON NEW YORK:-
18-15/16 184
Bank Bills, on demand Credits, 60 days'- right. 311
ON BATAYIA
On demand
On PARIE:—
IN THE AFTERNOON · · The market was a shade steadier
in the afternoon.
STERLING
The market finished with sellers, at 1/2 15/18 April and 2/2 29/32 June-July, buyers at 1/2 31/32 Cash and 1/2 15/16-May-June,
U.S. DOLLARS
The market closed with sellers at 31 April-May and 30 15/16
June-July, buyers at 31 1/8 Cash-
May and 31.1/16 June-July. 1.
Glidden Co..
Godchaux '.'Class "A"
| Goodrich (B.F.) Goodrich $5 p.
Goodyear Tire & Co. 201 Great Northern Rly. 15% Great Western Sugar 28 Greyhound Corpn. Hecker Products
PHILIPPINE
MINING NEWS
NEW KWANGTUNG CARAMOAN MINERAL Fields "Inc," had cash on hand of P53.67
· RURAL CREDITS
as of December 31 and current Canton, April 25. Habilities of P12,069.92, according
(H.K.
BUYERS
Wharves, $133. Hotels, $6.70.
Star Ferries, $851. Providents (Old), salas. -EK Miner, 11} sta
The Business of the above Bank An American Bank offering com-
is conducted by the HONG KONG 111
SHANGHAI BANKING COR- PORATION. Rules may be ob- tained on application.
For the HONG KONG & SHANGHAI
V. M. GRAYBUEN,
Chief Manager.
Head Office:-HONG KONG No. 10, Des Voeux Road." Central.
Board of Directora :-
plete Foreign Banking Service
in the principal Markets of the world.
Interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by
TES CHASE NATIONAL BANT NEW YORE, with Resources over U.S. $2,500,000,000.
D. M. BIGGAR,
Manager
BANK OF CHINA
Specially Chartered, by.. THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANE
PAID-UP CAPITAL.840,000,000.00
Sir Shouson Chow, Chairman Li Koon Chan, Esq Li Larang, Esq. P. K. Kwok, Esq. WongChuson, Eaq" (BRANCHES ALL OVER CHINA) Wong Yan Tong, Beq. Kan Ying Pa. Ex 101
Owing to our numerous Branches Chan Ching Shek. Fung Fing Wahin China and connections in the
Esq.
Kan Tong Pag. (kief Manager Li Tan Fong, Esq, Manuker.
Branches and Agencies:-
colin
MADHOUS *W* W She
Bydney Selbourn Be T Taloxo Sagaki
ace Tivata Jessile Takya Burg Vaca
Yokohama
principal Commercial Centres of the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking ánd Exchange.
Head Ofce: SHANGHAI
Hongkong Branch:
·4, QUEEN'S ROAD, G. South China Officer:
Every description" of Banking CANTON and Exchange business transacted. SWATOW Loans granted
KONGMOON TOISHAN
approved SANCHOW KINGCHOW
Current Accounts opened in Local® (We also handle the issue of Bonds Currency and Fixed Deposits re-and other Public Funds of the ceived for one year or shorter
periods in Local and Foreign Car. Chinese Government both at Home rencies on terms which will be and Abroad. quoted on application.
Safe Deposit Boxes To Let.
KAN TONG PO,
Chief Manager.
PLEASES
SHOU J. CHEN
THE TOKOHAMA SPECIE BANK
LIMITED
Capital (fully paid up)
Yan 100,000,000.00
No Attempt At New Reserve Fund ... Yen 135,000,000.00
London, April 25.
The British taxpayer is dehing
Head Office:-YOKOHAMA
Hsinking Rio de
Kerschi Janeiro Kobe Sant London Francisco
Branches and AGENCIES AT: with relief at the confident and Alexandria Honolulu Rangoon
Bangkok widespread reports that Britain's Betspis £1,800,000,000 budget, which was Berlin completed by Sir John Simon in Bombay his study at his Surrey home list Calcutia Los Angeles Bestile niglit, does not contain an in- Canton Manila
Bemarang crease in the income tax
Dairen Moji Shanghai There is also general agreement Dalny) Nagasaki Singapore Nagoya Boersbaya Feuden) New York Bydney R.K. Mines, 111 cts,, 111 cta., 12 that a considerable slice of the ex-
tra funds required will be provid- Hamburg ed by measures to check tax Fapkow OFF Tientsin
SALES
Banks. 31645. Hotels, $61
Trama, $18.30/40.
eta-
Tokyo
Taingtao Yinkow
A total of $5,000,000 will be set to the annual report. It has an iside by the Kwangiang Provin|authorized capital stock of R500, 2011/18cial Bank as credit loans for rural 000, of which P116,000 was sub-
reconstruction purposes this year. cribed and P32,991 62 pald in.
The money, it is learned, will The corporation is owner of 7 mainly be used to increase the groups of mining claims located in production of Kwangtimg's food- Caramoan peninsula, near the Pa- sturs, to improve the province's cific Ocean in Camarines Sur. co-operative societies, rural, gran- Bome of the properties are scatter- aries, reclamation of waste lands, ed according to E. 8. Geary, form- water conservancy and special er chief mining engineer, and The management expects to find products,
supervision is dingult on these corporation management, to have Outstanding loans extended by properties. He reported to the Its property developed and operat, des are likely to be affected, poll Deposits received for Fized. the bank last year include $480,000 president that enough explorationed. Plans for the operation of tical correspondents suggest a beeriods at rates to be obtained
on application for water conservancy, $850,000 for - and development work has been the mines by an operating firm are wildsting variety of possibilities mapas special" products” and 2350,005 for | done on some of the properties now being considered by the but nothing, resembling a consén- granaries—(Central News),·· with encouraging results.
Bank Bills, on demand' 1,000 Credits, monthi” sight' 1,75 ON SAIGON:
"On demand 82-13/16 | OK MANILA:---
On demand
105)
Telegraphie Transfer,
Bank, oo" dandoul
On demand
On demand....
ON BANGKOK
Sovereign Notes
Bank Buying Rata...... BAR BITTER DRY ON
991
.011
160)
1/31/15: 18 15/16
management, it was learned “
evasion, and the rest will come Harbin Paris from Indirect "laration, probably Hong Kong Peking
Interest allowed on Current on Juxury commodities. T
as to what particular commodi Accounts
aua of opinion (Reuter).
KANO.
tanagar
Hong Kong, 10th March, 1936
61
321
7
13
.91 41
TALL
631
29 05
91
21
137
1034 102 -
101
71
441
48
મ
.30
181
26-
221*
351
2671
331
20
Sugar
16
45
ནཱབྷཀྐཔྤཀྐཎྞདྷནིཊྚཚཊྛཊྛཱཝཾ, ༤དབྷཱབྷཱཙུཊྛཱནཱཝུནཱ ཙ, བླློeཝཕྱྭཙྪིཎྞནྲྀeཡོ ཙྪེཡྻུ=#ཚོརྒྱུུཝZ བྷུརྒྱུུ ཉཱཙྩཊྛཱཆ༤ སྱཱ ཙུ॰ ཨཱཙཱཙྪཧྲྰིསྶཏྠདྡྷིཙྪོབྦོ། |ཚོ ཿཨྰཿཀྰནྰཚཙ
Int. Dept. Stores ... BJ Kennecott Copper........ 351 Lambert Corpn.......
Libbey-Owens- Ford
84
G. Miskin, Esq.,
CALCEPTA CANTON CAWNPORE
XUM KUALA
LUMPUR
KINGAPORE
ATTIAWAN
SOURABAYA
LUCHINO
TAIPING
K. 8. Morrison, Esq..
CREU
MADRAS
TLANTILA
11
A. L. Shields, Esq.,
Sir Vandeleur M. Grayburn,
COLOMBO DEKHI
MANILA
TUNGKAR
BURDAN
(Bhuket)
Glas
30
301
Chief Manager. HAIPHONG
NEW YORK
TSINGTAO
HAMBURG
PIPING
YOKOHAMA
Lockheed Aircraft. ... Loew's Inc.
..b---*6 Lorillard....
By
81
Branches:--
421
42
16 *
167*
Amoy
Ipoli
Penang
McKesson & Robbins
Bangkok
Jobore
Rangoon
Batavis
Kobe
291.
$3 pl. 23 Martin, Glen La mag Monsanto' Chemical 72 Montgomery Ward 334 Nat. Band Invest- menti.........
334
Bombay
Kowloon
231
213
Calcutta Kuala
73 321
Canton
Chefoo
London
Colombo
Dairen
133*
13 *
Nat. Cash Register 13
164
31.
"A...
Nat, Power
Nat. Dairy Products 131 Nat. Distillers
101 Light
13+
191
ཧཱ
Harbin
4
Nat Bupply Corpn. 19% New York Central
18+
Hongkow
124
124
Dollo
Niagara Hudson - P
Corpo.
Current
**
呷
71
Accounts
N. America Aviation
North America Co. 18)
оредеб Local Currency and Fixed Deposits:
In
181
received for one year or shorter.
Northern Paciac "BL Pacific Gas & Elec. 25 Pacific Lighting...... 35 Packard Motors.. 214* Paramount Pictures
Paramount 1st. pf. 80* Pennsylvania R.R.... -101 Phillip's Petroleum 35 Public Service of N.J.
8+
periods in Local and other Cur-
26
351
rencies on terms which will be quoted on application.
41
Foochow
(Peking) SAMBOANGA
PENANG
HONG KONG HANDOON
Saigon Saa
Francisco Banking Business transacted. Lumpur Shanghai
Singapore Sourabaya - Sungei
FORSION "Exumanam and General
Lyons Malacca
Magila Patani
Haiphong Muar
Swatow.
Hamburg (Johore) Tientsin Hankow Mukden Tokyo
New York Tsingtao
Yokohama Paiping
CURRENT ACCOUNTS opened sad FIXED DEPOSITS received for Ons Year or shorter periods at rates. which will be quoted on applica tion.
The Bank's Fend Office jo London undertakes Executor and Trustee business, and claima ré- covery of British Income · Tar overpaid, on tarms which may be ascertained at any of the Agencies and Branches.
R. W. ROBERTS,
Manager.
THE CHASE BANK
Also up to date Safe Deposit 15, QUEEN'S ROAD CENTRAL
MARKOW
*HAHRIN
81
Bi
Boxes in various sizes To Let
80 *
Hong Kong. 26th Feb. 1938..
18+
HONG KONG SAVINGS BANK
HEAD OFFICE:
18, PINE STREET,
NEW YORK.
35#
Pure Oil.......
29 11
20
Radio Corpn. Of ÁM.
52
61
Republic Steel ........
144
∙141
Reynold Tobac. "B" 38‡‡
381
Schealey......
193
101
Schenley 51% pf.
72"
73+
BANKING CORPORATION.
Sears Roebuck ......
591
58
Shell Union Oil
14
14
Socony-Vacuuzn
13#
131
Hong Kong, 26th Feb. 1938.
Southern Cal Edison
213
212.
Southern Pacifc
123
121
Southern Rly (com) 7
Southern Rly "A"
113
113.
BANK OF EAST ASIA, LIMITED.
Standard Brands
71
Authorised Capital 10,000,000,00|
Stand Gas & Elec.
Stand Gas & Elec.
Paid-up Capital
Reserve and Undivided
$7 pl.
201
192
Proôts
5,598,600.00
2,770,726,78
Standard Off of N.J.
481
487
Sterling Products ...
Studebaker
591 Corpn. 51
694
Swift International. 25}
51 251*
Technicolor
193
19
397
30%
Texas Corpn.
Texas Gulf Sulphur · 317
Tidewater Assoc, 01 13
301* 131*
Transamerica (new) 102
20th Cent. Fox Films 24
22
Esq
do. Films DL. ...
281
29
Union
Carbide
&
69
681
Carbon
Unton Pacifc
052
64.
United "Aircraft -...
27
281
United Alriices Trans
7272
·AZNY
27 21
Bla
·Beastme
United Corpo. ********
United
Corpn: $3
L'AME
cum. pt.
28
.. 273
Haiphong
New York
Kaniow
Doaka
United Gas Corpn.
31
31
Honoluls
Eobe
Peiping Singapore
Un. Gas Iprovem' 10.
旺
H
Un. Light & power
33
21
U.8. In'trial Alcohol. 174.
161
U.B. Rubber
281
28
U.S. Rubber pf......
72%
71
+curities.
US. Amelting.....
574 58
U.S. Steel......
401
45
Vanadium
IM
181
Warner Bros. Pict....
54
51
Westinghouse Elec. 784
77
42.
Woodward Iron Cor. 141*
141
Manager.
Youngstown Sheet
& Tube
34
33
National City Bank 311
¦ Call Money
Chase National. Ek 25 * 241*
1%1%
bla.
301*
BUDGET NEWS
SHAREBROKERS ASSOCIATION
Taxation