JuJULI
$1,580
£94
·
228
£14
$90
$170
Canton Insuranc86...
3127
Union Insuran006 .........
121
19.10
PAGE 12 HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock Exchange
H. K. STOCK
Sharebrokers' Association
EXCHANGE
MONDAY. MAY 2.
Dayers
Banka
H.K. Banks
*********$1,595
Do. (London)
13 Chartored Banks....
Mercantile Bks."/
Do.
Bank of East Axia.........
N. 0.9. Barks .......
Ingarapong
Underwriters
YESTERDAY'S OFFICIAL
QUOTATIONS
Market ruled quietly steady and
prices are being well-maintained.
BOYERS
FINANCE
NEW YORK STOCK EXCHANGE (Through Beuter's Servics)
QUOTATIONS
New York: Apri 39.
Last
Today'
High Low Close
Поле
Change
Now York Cotton-May.
8.75
8.70 8.71
876
kin bo'
Authorised Capital
$50,000,000
TUESDAY, MAY 3, 1938.
BANKS
HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION
AUSTRALIA AND CHINA Incorporated by Royal Charter, 1865
New York Hubber-May.
11.47
11.96
.3% off
Issued & Fully Paid-Up $90,000,000
HEAD OFFICE: LONDON: ...
Reserve Fundo:
Chicago Whost --fay. Chicago Corn
-May.
И
Winnipeg Wheat-May-
791
1207
782
791
1/4 of
69
091
£8.
1/4 oft
Sterling
6,500,000
118) 10.
1201
1/8 ap
'38, Bishopsgate EC.2.
H.X. Currency Reserve $10,000,000 Paid-up Capital..
£19
Bre
HK. Bank, $1580.
128
Reserve Liability of
Proprietors.
.$90,000,000
214
High Low Dow Jones Averagon April 29. High Low Close Chang
Reserve Fund Reserve. Liability of Prov
prietors..
23.000.000 £3.008.200
£3.000.000
HK. Bank (Lon). £94
$90
13488 98.96 30 Industrials
111.63
111.97 111.08 111.28
.38 off
39
Bank of East Asia, $90. Union, Insurance, $527.
33.77 19.0 20' Raile
21.91
91.40 1.2 21.26
.05 up
19.0 15.14 90 Utilitie
17.98
17.94 17.20 17.50
.03 off
CD
1976 $520
9.18/10
1933
:
+
$33
Skipping
$80
Douglass.......
$80
H.K & K. Wharves, $138. H.K. Docks (Ex. rta), $22. H.K. Docks," (New), $21}, HK. Docks (Rights), $11. Providents (Old), 3.80.
9x70 83.39 40 Bonds
88:24
80.23
.01 off
T. E. Pearce, Esq.,"
..
54.89 48.88 11 Jommodity lades 48.92
48.8€
.05 off
Business Dopo-150,000 shares.
STOCKS
Last Bale
STOCKE
122
Steambo wa ba
382)
Providents (New), $3.70."
$51
Indo-Chinas (prof.)
$61.
Venz. Goldfield, $21.
Adams Express valued
.. April 28 29
BL
8
Humble Ol
Last Sale April 28 29 67
601*
124
Do. (def.)
H. & S. Hotels, $7.40.
Alleghany Steel Co.
14*
144*
Int. Nickel
157
441
B5/-
Shells o
85/.
15/0
19.90 Waterbents
[10/10.30 20.
"Mialas
Kailana.........
Venezuela Gold FLI
HK. Lands 4% debeatures. $101. Allis Chalmers .......
401
Int. Tel & Tel ..............
77
$8.90
Head Office:-HONG KONG
Board of Directors.
Chairman:
Hon. Mr. J. J. Paterson,
Deputy ChairmaĦ,
J. K. Bousfield, Esq., A. H. Compton, Esq., Hon. Mr. S. B. Dodwell, M. T. Johnson, Esq., J. R. Masson, Eng.,
G. Miskin, Esq.,
MANCHESTER BRANCH:
71. Mosley Street, Manchester.
AGENCIES AND BRANCHES: ALOB-STAR
AMBITKAR
BANGKOK BATAVIA BOMBAY
CALCUTTA CANTON CAWXPORE
ILOILO
IPOH
Humphreys, $9.10.",
Amer. Can
844
85'
Int. Dept. Stores
71
.
K. 8. Morrison, Esq.,
ال
18/-
HK. Realtles, $6.30.
Amer. Cynamid "B" 17
17
Kennecott Copper... 321 32
Hon. Mr. A. L Shields,
$4.05 New Engineerings 8.
Lands, Hotels, and
Ranbs.....
11cts.
"Hongkong Mine
Docks WHATS
Godowns, sta.
$138
138/
$3,80
3.70/20
B.K. & E. Warty. | $139) Providente (olly
$3.80
34.65
$3.5
Do.
(now)
3,70
3211 rt $19.
H.K. & W. Docks.
Do. Do.
(new)
'(rta)'
$91
111
388
Shangaai
Docks 5-1
$100
$10
H.K. Tramways. 317.15.
Amer. & Tor. Power 3
31*
Lambert Corpn. ...... 104
101
Peak Trams (Old), $7.
Amér. & For. $7 pf. 16 *
16"
Ubbey-Owens- Ford
1
H.K. Kealties..
Hawphroge
Chinese..
Colton Mills
i
Bulidings
37.36
H
7.30/65
H.K. Hotels
"7
1371
H.K Lands...sek
137
$101
Do. 4%
Dobeatures
Shanghai Landes:
$100k
Metropolitan Laude.
38.30
$8,45 6.20/40
$8.33
$9.1°C
18.10
$100
$14
$132
OD
S'hat Cotton S
$70
Zoong Sings
Wing On Textiles.)] $39
Ewa Cotton Hits. 8.
$1.10
17.15/28
3
$861
8861
$121
#1
11.
99.10
3001 361
#34)
$27.60 $10.80
127.80) $11
Telophones (old)
20/0
Trections
23/8
2.
$14
$1.20
Da
Pakile Utilities
Tramways ........................- $17.15] Poak Tru
Star Ferries
$24.90 Yagmati Ferries
(old)...
(2)
China Lighte
$12.20
Da
(49 20
Do.
Bus.
<-
$121
Lo.
18.25,4]
$1,50
STO
$11.80
134
411
Do.
3%
754%
$106
124.pm
$109
$49
$50
S'a
Do | 365+)
$51
11. Maramans Inv. (Lon.)
3/16
LONDON
74%
$94
意
HK. Electrica ***** Macao do.
Sandakan Lights...
Do.** (L&W) .....|
Da. (pref.).
Industrials
Cald, Macg. (Ord.)8 Pref.JS
Canton Ioss
Cemente
Hopes-Ciz......«Om
Miscellaneous
Dairy Farms ......................: $24.60| Ch. R'bainments......: $6)
Constructicas, (old)] sii
Do
(new)
Lane Crayfordi...............| $91 Nanyang Tobacco... 36
$3.20 Sinceres. 124 Watson...| $84 $6.50
3. C. Enterprises .... CLG. $219250.9 Bda
6,pa H.B. Gors. «2Lown
Wallace Harper.....
H.K Wing Oo ......
Vibro Piling se
70 dia. Wm. Powells
(ELK.)
Sales to Shanghai
EXCHANGE RATES
(British Wireless Service)
San Mauricio,
Suyoc Consol., 18
རྣ---;
3971
311 $9/8
Cements, $18.25.
Star Ferries. $88.
China Lights (Old). $12. China Lights (New), $9.10. HK. Electrics, $604. Macao Electrics, $174. Telephones (Old), $27.60; Telephones (New), $10.90. Cements, $18).
HK. Ropes, $470.. Dairy Farms, $24.50. Wing On Textiles. $38. Entertainments, $6). Constructions. Marsmans (HR) $3/10
SELLERS
HK. Realles. $8.45. H.K. Electrics. $61.
SALES
H.K. Steamboats, $22. H.K. & K Wharves: $138+/9. H.K. Docks (Ex. rts), $22. HK Docks (New), $21. Providents (Old), $3.70/80. Providents (New), $3.70/75. Raubts, $10/10.10.
H. & S. Hotels, $7.55.
ELK. Realties, $8.20/40. HK. Tramways, $17.20/25. Star Ferries, $80. China Lights (Old). $12.35. HK. Electrics, 581. Telephones (Old). $27.60. Telephones (New), $11.
Clit, Govt. 74%
Prices below in Phil Currency} Antamoks Ps. 150
Atoks, .22
Benguet Consol., 9.40
Case. J.I.
"Amer. Locomotive... 16
13*
Glass
271
27
D. C. Edmondston, Esq.,
Acting Chief Manager. HAMBURG
Amer.. Metals Amer. Radiator ...... Amer. Rolling Mu... 16% Amer. Smelting
****** 364 Amer. Sugar Ring... 26 Amer. Tel. Tel... 1264 Amer. Tobacco " 881 Amer. Waterworks... 71 Anaconda Copper
30
28 *
Lockheed Aircraft.
83
B
Branches
121
11}
Loew's Inc.
39 391
L
18 351 26 * 1261
Lorillard.
ist
"Amoy
Ipoh
» 10
Bangkok
Johore.,
Mcesson & Robbins
Batavia
Kobe
Panang Rangoon Saigon
$3 pt.
32
32
Bombay
Kowloon.
San
Martin, Glen L
211
211
Caloutta
Kuala
68 +
Monsanto Chemical 871
67+*
Canton
Lumpur
Montgomery Ward. 301
301
Chefoo
London
27
261
Nat. Bend Invest-
Colombo
Lyons
Dairen"
Malacca
Atchison. 8. 4. 201 Atlas Corpn.
261
ment
121:
121*
ג
Foochow
Manila
7
Nat Cash Register 15
161
Haiphong Muar
Sungei
Patani
Swatow,
Auburn Motors
31*
31*
Nat. Dairy Products 123
123
Hamburg
Baltimore & Ohio.....
51
Nat Distillers ........................
19
191
Hankow
B'more & Ohio Pfd.
.61
6
Nat. Power & Light
19
61
Harbin
Barber & Co.
18
153*
Nat Supply Corpn. 163
161
Barrisdali Ou
191
131
New York Central
121
11f
Höllo**:
Hongkow
Bethlehem Steel
461
457
Niagara Hudson P
Boeing Airplane Co.
271
261
Corpa...
81*
Borden Co...
16
10
N. America Aviation
82
8
Borg-Warner
201
211
North America Co. 161
181
Briggs M'facturing. 177
171
Northern Pacine
71
71
Francisco
Shanghai Singapore
MEDAN
NEW YORK TSINGTAO
YOKURAMA PEIPING
(Peking) ZAMBOANGA PENANG
RONG FOND | BOCON
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT Accounts opened and FIXED DEPOSITS received for Que Year or shorter periods st rates Sourabaya which will be quoted on applica
tion.
(Johors) Tientsin Mukden
in Benk's Head Office London undertakes Executor and Trustee business, and olsims' re- Tax Income covery of British Tokyo
overpaid on terms which may be New York Tsingtao Paiping Yokohama ascertained at any of the Agencies
and Branchen.
R. W. ROBERTS,.
Manager.
opened in Current Accounts Local Currency and Fixed Deposits
received for one year or shorter periods in Local and other Cur-
COLOXBO DELHI HAIPHONG
SAIGON
KARAUHI KLANG KOBE KUALA
SEMARANG JEREMBANG
SINGAPORE
LUMPUR KUCHINO MAD BAS HANILA
SITIAWAN BOURABAYA
TAIPING TIENTRIN
TUNGKAN
(Bhäket)
SHANGHAI
»
HANKOW
HARBIN
The
Brooklyn-Manhattan
Pacific Gas & Elec. 254
25 *
Trans......
61
62
Pacine Lighting........
35.
341
rencies on terms which will be quoted or application.
Brooklyn Manhattan
Packard Motors ......
4
37
THE CHASE BANK
Also up to date Safe Deposit 15, QUEEN'S ROAD CENTRAL
$8 cum. pr.
194
191
Paramount Pictures
71
7+
Boxes in various alzes To Let.
75
751
Paramount 1st. p. 74
74 *
Hong Kong 2nd May, 1938.
Canadian Paclic
Gl
61
Pennsylvania R.R... 15
151
HONG KONG SAVINGS BANK.
HEAD OFFICE:
18, PINE STREET,
NEW YORK.
Celanese Corpn...... Cerro de Pasco ....... 341 Chesapeake Corpn.... 30* Chesapeake & Ohio 261 101 Chrysler Corpn....... Columbia Qas & EL Columbia 6 "A" pf. 574*
131
134
Phillips Petroleum... 33
322
34
Public Service of NJ, 271.
27
30 *
Pure Ol
10
10
is conducted by the HONG KONG
261
Radio Corpn. of Am.
51
51
*
401
Republic Stee!
131
131
51
51
Reynold Tabac. "B" 37
37.
tained on application.
371
Schenley.
17
Commercial Credit.. 294
29
Schenley 51% pl
68 *
65
BANKING CORPORATION.
Commercial Solvents
83
31
Sears Roebuck
561
531
Commonwealth & 8. Commonwealth S.
ki
12
Shell Union Ol.....
123
134
Socony-Vacuum
131
134
Coco Grove, .57
Paracale Gumaus, .19
H.K.
SHAREBROKERS' ASSOCIATION
8% cum pf.331 Consolidated Edison 214 Consolidated Oil.... Continental Cap.... 374 Continental Oli ..... Comm. Products ... 1 Curtiss Wright (C) Curtiss Wright "A" 181 Delaware & Hudson Del Lackawanna &
331
Southern Cal'Edison 211
Hong Kong, 28th Feb. 1938.
21
214
Southern Pacine
119
BI
87
Southern Ely (com)
ཐྭ་
7:
BANK OF EAST ASIA, LIMITED.
The Business of the above Bank An American Bank offering com
plete Foreign Banking Service
in the principal Markets of the world.
& SHANGHAI BANKING COR-
Rules may be obInterest Rates on Application. PORATION.
For the HONG KONG & SHAN QEẠI
V. M. GRAYBURN,
Chief Manager.
SAFE DEPOSIT BOXES
This Bank is entirely owned by BANI, THE CHASE NATIONAL "NEW YORK, with Resources, over-
U.8. $2,500,000,000.
D. M. BIGGAR,
Manager.
37
Southern Rly "A"
101
10
27
..27
Standard Branda
71
71
61.
Stand Gas & Elec.
31
3
Authorised Capital $10,000,000.00.
41
41
Stand Gas & Elec.
Paid-up Capital
5,598,600.00
Reserve and Undivided
BANK OF CHINA
181
$7.pi.
17.
17
Profits
2,776,728.74
87
81
Standard Oll of N. 45%
454
Western E........ 154. Deere Co...
5t
Sterling Products.... 57*. 58** Studebaker
Corpn.
'42
41
183
181
Bwift International 24
25.
3 pm, Monday, May 2.
BUYERS
.Providents (Old); $3.80. Land Debentures: $102. China Lights (Old): $12.30. China Lights (New): $0. Telephones (New) 810.90.
SELLERS
Distillers Corpn. Bez-
Technicolor
187
181*
grams
13
131
Texas Corpn. .........
.371
364
Douglas Aircraft
434
421
Texas Gulf Bulphur 291
Là Koon Chan, Esq.” 291*
Li Lan “anz. Kaq
Du Pont .....
ат
061
Eagle Picher Lead
A
9
Electric Boat .....
72
7
Elec, Bond & Share
61
++
do.
Tidewater Assoc. Oll 131 Transamerica (new) 97 20th Cent Fox. Fima 21
Films pl.
134
21
:Faq
.30
30
Elec. Bond & Share
Union Carbide &
70 cta.
Realties: $6.40. Providents" (Old): $3.85.
SALES
35 pt...
431*
431*
Carton .....
834
Elec. Bond & Share
Union Pacific
80
șa pi. ......
47
46
United Aircraft.
261
Elec. Power & Light
Elec. Power & Light-
$1 pf.
1
lntkote
New York
Amsterdam
Vienna
April 27
Paris
160-11/33
Geneva
Berlin
21.09 12.40*
Athens
Milan
041
94-13/16
Copenhagen
Stockholm
19.50
194
Shanghal
1/12
4.98-11/18
8.96
4.981 8.96
Prague Helsingfors
1431
Lisbon
Hong Kong
1/2-15/16
Bombay
1/6
Montreal
5.01
Brussels
29.59
1/5-15/18 5.011 29.02
Yokohama
Belgrade ...........lanes
Monte Video
Alo
Silver: (Forward)
April 29
182-13/16
China Lights (Old): $12.20.
Freeport Sulphur
Gen. America Trans-344
21.671 12.40
Gen. Cigar..vod
Gen. Electric
Gen. Foods myrkr
Gen. Motor 293
Gen. Railway Signal 17
Godchaux Sugar
Class "A" Goodrich (B.F.)"..... Goodrich $5 pf........ Goodyear Tire & Co. Great Northern Rly.. 14+ Great Western Sugar 271 Corpn. 监 Greyhound
81 push on Hecker Products...
Bucharest
Silver (Spot)
War Loan
LONDON:
185
18-13/18 8% 101.
182 18-9/16
Closing Quotations
May 2, 1938.
Telegraphic Transfer... 11/1 Bank Bills, on demand). 87/83 Credits, 4 months' sight 1/20/39
ON SHANGHAI
On dettinad ....
OK SINGAPOR¦¬ ̈
On demand
OF JAPAN TA
On demand
OF INDIAL
Telegraphic Transfer...
Ranki do demand rema
ON NEW YORK:-
Bank Bills, on demand 2013/16 Credits, 60 days' sight 31-5/10
-65-5/16
ON BATAVIA:
On demand":
OF FASI
-109
Bank Bills, on demand 800 Credits, 4 months' sight 1,165 ON SAIGON:-
On demand
AB
ON MANILA:-
On demand
811
ON BANGKOK :-
On demand
149]
Sovereign Notes
Bank Büying Rate........... ́1/3-1/33, BAN BITVERK
18-0/16
Banks: $1,600.**
Providents (Old): $3.80/95.
HK. Docks (Old): $22. Hotels: 7.50/55.
Cements: $181.
PHILIPPINE
MINING NEWS Glidden Gp.
PUGO MINING Company, Inc.,: is producing satisfactory results on its development work of its gold lode property located near Camp 4, Baguio, Mountain Province.
The company has recently in- creased it capital stock from P300,- 000 to P1,000,000 to development work as a result of the encouraging values obtained on samples of ores from the pro- perty, it was stated.
"EMPIRE EXHIBITION
Broadcast of Opening by the King
National City Bank Call Money
i ex diy.
GOLD HOARDER CHEATS AXE"
INDO-CHINA STEAM ACCOUNTS
The fall report for 1937 of the total floating assets (2147,000) Indo-China Steam Navigation exceeded current liabilities by only Company makes 11 easy to tinder 11,000 while commitments for well RAMON 8. ARANETA,
stand why the directors denied to easels in course of construction known Manila businessman and
reserve the reALE: AUTRĪNE TØVenus amounted to £150,000. Gold bars worth £500,000, which her than make a start towards The feet at the end of the year prominent Negros sugar pianter.
werd sent to a Dutch bank by Paul dezing away the decade's arrears consisted of 28 steam ships of a has been elected member of the directors of the
Kroenka, a Hamburg' industrialist, of Preferred dividend.phototal gross tonnage of 2481. As board of Amalgamated Minerals, Inc., to
The voice of HM the King will were discovered after his death."
In the first place, while earnings a result of the two rear depre Anotactil wirning ni zow succeed H. A. Weng
be heard again in the transmis-
seven montha from improved peace vided out of last year's earnings Likewise at the meeting held sions from Daventry today when been dirculated throughout then 1937 benefited in the injucation allowance (#108,133) pro- yesterday by the board of directors the opening by his Majesty of the country that Kroenke's death time trade and fit the 1ster the book cost of the feet, includ
defonso Cosculluela, another well Empire Exhibition (Scotland) at probably cheated the executioner's months from war conditions lag hulks, launches &c., has been known southern sugar planter Belahouston Park will be bond axe, Because the death penalty which created a strong demand written down to £649,000 (The and president of International cast from ferox Stadium, Glasgow. follows the keeping of for vessels wipe the British Par Stock Exchange, was elected pre-
Addresses by the High Commis. broad withouf" disclosing its the shipping industry has since sident of Amalgamated Minerals.
M. Quisumbing was elected secre- donars tary and assistant treasurer.
whereabouts,
for the Dominions, by the Earl of Elgin, X.T., Following are the present of-|C.MG., Chairman of the Exhib!- cers of the corporation; d,tion, and by the Rt. Hon. Sir John FOLLO Cosculluela, president; W. B. Shen-Stewart, Lord Provost of Glasgow, pard, vice president; Ramon B. will also be heard during the Araneta, A. A. Brimo, Chas. Kurz broadcast, and a description of and Thos. N. Powell, members, and the scene in the Stadium will be
been feeling the adverse effects arising from the spread of hos-
Tiznes)
tliities over a widened area. "ENERAL Motors Corporation an criticism of the sale In the second place, as the con- “abunces pay cuts for all em+ lon rights of sequence, on a long series of poor ployees except bose working under com his States papers, years the Company's working re-unim contracia, thus saving. 22, sevelt has decided to sources have been drawn upon to 800,000 a year. Those receiving pats to a useful an extent that calls for rehabili. less thin" £2000 a year will lose 10-
cember 31 was negligible, and proportionately mom la skog N. Quisumbing, secretary and asst, given by P. L Keith Murray of public purpose under the Govern-tation The cash holding on De- per cent and those over that gure
direction on k the BBC's Scottish Regional Statt
treasurer.
34
81
United Airlines Trans
**
74
United Corpn.
21
21
1 Bi
27/
28
United Corpn. $3
15
151
cum. pf.
28
20
25
25
United Gas Corpn.
31
སྒྱུ**
B
Balgon
Talborn
Halph'
Nagamaki ... New York Lenstle
cents.
Tokyo
H
Cha
Pazir
Sp
34
Un Gas Iprovem't
01
--
22 *
221*
Un. Light & power
24
....... 327
32+
UB. Intrial Alcohol, 18
181
26
281
US. Rubber
251
251
Loans granted
од
approved SWATOW
291
U8..Rubber pt.
87**
securities.
17
US. Emelting
541
541*
18
181
US. Steel
43
421
Vanadium
15
Warner Bros. Pict.
41
131
134
Westinghouse Mec. 711
42+
40*
Woodward Iron Cor. 121
187
184
Youngstown Sheet
quoted on application 121*
Safe Deposit Boxes To Let
・14
& Tube
KAN TONG PO,
Chief. Manager.
Head Office:-HONG KONG
Specially Chartered by
No 10, Des Voeux Boad, Central. THE NATIONAL GOVERNMENT
Board of Directors :— Sir Shouson Chow, Chairman
OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
P. & Kwok, Faq, Wong ChuSon, Esq. PAID-UP CAPITAL...$60,000,000.00 Wong Yun Tong, Esq. Kan Ying PagBRANCHES ALL OVER CHINA)
Fung Ping Wah, Chan Ching Sher
Kan Tong P. Chist Manager. Li Ta› Fong, Faq., Man uzer.
Branches und d'gencies :-
. Land- a
Owing to our numerous Branches China and connections in the principal Commercial Centres of the World, we are able to extand to our Clients special facilities for Domestic and Foreign Banking and Exchange.
Astrabaya Penang
Bangton
Swatom
Bydory
Maria Kelas Be Fran Dalcutta
Susunan Tangourer
Tokok
Paiping Simpare
Every description of Banking
Lead Office: SHANGHAI Hongkong Branch::
4, QUEEN'S ROAD, G.
Bouth China Offices:
and Exchange business transacted. CANTON
Current Accounts opened ip Local SHJUCHOW
-KONGMOON
TOISHAN
Currency and Fixed Deposits Te We also handle the issue of Bonds/ ceived for one year or shorter and other Public Funds of the periods in Local and Foreign Car-
rencies on terms which will be Chinese Government both at Home
and Abroad.
SHOUJ CHEN
KINGOHOW
Manager.'
247
Chase Nations!
91
1%
⚫ bid.