PAGE 12 HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock
Exchange
Sharebrokers Association
FINANCE
H. K. STOCK
NEW
YORK
STOCK EXCHANGE
EXCHANGE
(Through Reuter's Service)
Butler
Valsenal
THURSDAY.
Buyoru
Baller
MAY 6.
Banka
t
ER
£14
$90
+
$1,688 ELK Banks
Bo. (London) ... Chartered Banke Mercantile
Do.
`Bank of East Asia....
N. O. & 8. Barka ...
•List
Bks "A
Pa
£14
Salar
in
$1,603 £91
YESTERDAY'S OFFICIAL
QUOTATIONS.
Market generally is unchanged but some stocks show an improve- ment principally Providents. Elec- trics and Telephönes.
BUYERS
New York: May 4
QUOTATIONS
Last Today.
New York Cotton-July. New York Rubber-July, " Chicago Wheat-duly. Chicago Corn July, Winnipeg Wheat-July,
1104.
High Low Close 8.73
8.60 11.65 11:50 11.63 78.. 77 701 18 BAN
1101 10
Close
Changt
8,3
+}'
8.03. 11.60. 76) 38
.0% d
..off
Sterling
unch.
3,8
Reserve Liability of
109
Proprietors
190
HK. Bank (Lon.). 'EM.
1938
19
Union Insurance, $527.
High
Low Dow Jones Averagos
May 3.
High Low Close Chang
...Insuradeda
H.K. Steamboats, $22.
134.80 98.95 0 Industrials
11271
114 31 111.89 113 89
1.17 p
$370
Canton Insarsades,
CD
F
1170
HK. & K., Wharves. $137.
82.77 19.00 20 Rails
21.45
B1.4 11.30 21.01
06 up
$827
$577
Unlos InsurancOS ***
1820
Underwriters wer
12.15
Providents (Old), $3.85.
29,20 15.14 50 Utilitio
18.31
18.31 18.05 18.45
.94 op
92.70 83.39 40 Bonds
88.7
36.68
al dip
1233
H.K. Fires...
#237
Providents (New), $3,80.
54.89 48.33 11 Commodity Index 48,80
$0.56
.03 up
Shipping
Venz. Golddeld, $2.60.
Business Done:-550,000 shares.
$85
Douglason
*80
H.K. Lands, $37kα
::
Steambte
$294
H.K. Lands, 4% debentures, $374.
$80
Indo-Ubinas (prol)
STOCKS
#161
194
Do. (def.)
Humphreys, $9.19.
$24
Last Sale May 3
STOCKS
Last Sale
*
May
3
+
83/11 Shell marine muna
HK Tramways,, $17.20.
63/1
Adams Express........... 81
Humble Oil
657
67
$890
Waterbost
8.90
Peak Trams (Old), $7.
Alleghany Steel Co.
141*
14*
Int. Nickel
481
461
IH
Mining
Star' Ferries, $881.
Allis Chalmers
401
402
Int. Tel Tel.......
74 8
FRIDAY, MAY 6, 1938.
BANKS
HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDİA
BANKING CORPORATION"
Authorised Capital ......$50,000,000 Issued & Fully Paid-Up $90,000,000 Reserve Funds;— ;
£8,500,000
AUSTRÁLIA AND CHINA Incorporated by Royal Chariát, 1935
HRAD OFFICE: LONDON: 38, Eishopsgato ECU.
H.K. Currency Reserve $10,000,000 Paid-up Capital....
$90,000,000 Rare Liability of Pro-
Head Office:-HONG KONG-
Board of Directors. T. E. Pearce, Esq., *
Hon. Mr. J. J. Paterson,
Reserve Fund
Chairman.
Deputy Chairman. AMRITSAR J. K. Bousheld,” Esq.;
A. H. Compton, Esq.,
Hon. Mr, 8. H. Dodwell,
M. T. Johnson, Esq.,
J. R. Mason, Esq.,
Q. Miskin, Esq.,
K. S. Morrison, Esq.,
prietare
£3.800.300 ***...- £3.000.000
63.900.000
loa
MANCHESTER BRANCH: 71. Mosley Street, Manchester.
AGENCIES AND BRANCHERS;
ALOK HTAR ILOILO
BANGKOK → KARAOH) BATAVIA.. BOMBAY CALCUTTA
CANTON
KLANG
кош
LUMPUR
KUCHING
MADRAS
·SEMARANG
JARAMBẰNG
3 SMARGRIE
SINGAPORE
BITIAWAN BOUNARAYA
TAIPING TIANTRIN
* KUALA
CAWNPORK
16/-
Kailang
15/0
China Lights (Old), $12.20.
Amer. Can .............
85
85
Int. Dept. Stores
77
***
Hon. Mr. A. L. Shields,
AVA
10/
Raubs...................
1
CULDMSO DELHI
MANILA
MEDAN
TUNGKAR
(Bhuket)
China Lights (New). $9.10.
A
12.60
11cts
Hongkong Minos
Venozusin Gold F. #21
Amer. Cynamid "B" 181
18
Kennecott Copper...
33
331
D. C. Edmondston, Esq.,
MAIPHONO
H.K. Electrics, $81).
Amer. & For. Power
31
34
Lambert Corpn. „..... 101*
104
Acting Chief Manager. HAMBURG
Ducks, WharvEN,
Cacao Electrica, 317.60.
Amer. & For. $7.p. 171
Godowns, ete.
H.K. & K. Wharto
$137)
$3.85
1.85/00)
531
et. 19
21
411
Do
:
96
17.45
$37
Providente (old)
Do.
Do. (new)
Bhangasi Docks 8.
$4.05 New Engineering H.
Lands, Hotsis, and
Bulidings
HK Lands.......8. $371
BINO
$3,80
(new) $3,70
H.F. & W. Docks ..
宝
#211
(rta)
$100
14
$0.20
$0.15
1100
x.div. $19.80
874
$45
$17.15 $17.40 17.209 6
37
Metropolitan Landı..
H.K. Healties......
Humphrey *******9.10
Chinese Estates..............
Cotton All
Ewas
S'ha Cotton...................
Zoong Singe...S.
Wing On Textiles(S) $10 Ewo Cotton its. S
Public Utilition
Tramways. T
H.K. Hotels w
Do. 4% Debentures! $102
Shanghai lands...8,
$7.85
:::::
XD
$12.35
170
24
331.99 Yaumati Ferries
China Lights (old..
፣፣
84.70
815
[50]%.
8%.p 12%.pm
S'ani
11.
3/10
$1.20 $6.60
Canton Icas
Ceruente
Rupes
*****
Miscellaneous
Dairy Farms.
Ch. E'tainments....
Constructions, (olu)] +1}
Do
Lane Crawfords... Nanyang Tobacco...
Sinceres
Watsons. S. OT
C.G&terp
IL.E
Do.
Wallace Harper
ELK Widg Oa
"Vibro Piling
Maramant In v. (Lon.) (EK) 70 stall Wm. Paralle
*Sales to Shanghai'
LONDON EXCHANGE
#17,20
133
Peak Trams (old)....
Do.
(new)... 13
Star Ferries............
$80)
$19.99
$17,30
$12.35
$8,10
Do (pow)...
Atoks, .25
$91
Do.
Rts.
Baguio Gold, 22
414
3811
HK. Electrics
831
Benguet Consol., 9.40
$17,00
Macao do
Coco Grove, .58
"3241
Sandakan Lights...
IX.L, 70
$27.70
Telophones (ald) ... 397.70
San Mauricio. 43
$10.90
Do.
(new)... $10.00)
23/0
Tractivas an
22 8.
23/0
Do. (prof.)--
industriala
$142
Cald, Macg. (Ord)3].
$122
Do.
(Profj8]
$1,70
$160
$181
Telephones (Old), $273.
Telephones (New).-$10.90.
H.K. Ropes. $4.70.
Dairy Farms, $25.
Wing On (EK), $50.
Wing on Textiles. $45. Entertainments, $6. Constructions. $it. Marsmans (H.K.), 47-
SELLERS
H. & S. Hotels. $7.45. HK. Realties, $6.20
HK. Tramways, $17.40. Ch. Govt. 5 per cent. 801%
SALES
HK. Bank, $1586.
Union Insurance, $527. HK & K. Wharves. $138. Providents (Old), $3.95. Providents (New), $3.774. HK. Tramways, $17.20/25. China Lights (Old), $12.30." H.K. Electrics $811. Telephones (Old), $27.80. Ewe Cottons ex. div.. $12.60. Prices below in Phil. Corrency) Antamoks, .49
Briggs Mfacturing Brocklyn-Manhattan
Amer. Locomotive... 10.
Amer. Metals ......... 294 Amer. Radiator ...... 11 Amer: Rolling Mil... 161 Amer. Smelting 361
301
13
16
Amer. Sugar Ring... 26 Amer. Tel. & Tal 1291 Amer. Tobacco "B" 891 71
1281
Amer. Waterworks .... 71 Anaconda Copper ... Atchison. T. & 8. Fe, Atlas Corpn. „......... Auburn Motors ...... Baltimore & Ohio ... Bmore & Ohio Pid. Harber & Co....... Barnsdall Ou Bethlehem Steel
271 27
..
23+
61
31*
51
161
16
134
47
Boelig Airplane Co. 264. 261 Borden Co... Borg-Warner
161
164
201
201
172
18
ནཱཀྐནྷིཧྲྰིནྣཏྠིཊྛིཀྑཚཔྤཊྛཙམནཚནཱཡུཙྩབྷུབྷབྷོཏྟཱ
Libbey-Owens- Ford
Glass
271
237
Branches:
Lockheed Aircraft
81
82
Amoy
..I pob
Penang
Loew's Inc.
404
401
Bangkok
Johore
Rangoon
Lorillard....
··154*
152
Batavia
Kobe
Saigon
McKesson & Robbins
Bombay
Kowloon
8கப
Calcutta
Kuala
$3 pl......
31
30 *
Canton
Lumpur
Martin, Glen L
221
231
Chefoo
London
Monsanto Chemical 70
TO
Colombo
Lyons
Montgomery Ward... 31
311
Dairen
Malacca
Shanghai Singapore Sourabaya Sungei
Nat. Band Invest-
Foochow
Manila
Patani
ment
124*
121*
Haiphong
Munr
Swatow
Nat. Cash Register 164
187
Hankow
31
Nat., Dairy Products 121
127
Nat. Distillers'
191
191
Harbin Hongke
Nat. Power & Light 61
B
Iloilo
Nat Supply Corpo. 171
171
131.
"New York Central...
121
124
Current
Niagara Hudson P
Corpn.
Francisco
Hamburg (Johore) Tientsin
Makder Tokyo
New York Tsingtao Peiping Yokohama
Accounts
opened in Local Currency and Fixed Deposits.
YOKOHAMA
(Peking) TaxŐANGA
PENANO
RONG KUNG KANGOON
FOBRION EXORANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSIT received for Que Year or shorter periods at ratën which will be quoted on applica tion.
The Bank's Head Office: in London undertakes Executor and Trustee business, and claims _re- Covary of British Income Tax overpaid, on terms which may be Ascertained at any of the Agencies and Branches.
H. W. ROBERTS,
Manager.
NEW YORK PRIPING
USINGTAO
FAKKOW
HARBIN
7 %
74
received for one year or shorter
N. America Aviation
83
9.
North America Co. 1743
178
Northern Pacific
PPC
71
71
periods in Local and other Cur- renėles on terms which will be quoted on application.
Paclie Gas & Elec. 251
251
Trans.
€1
Brooklyn-Manhattan
$8 eum. pt............
19
Case, J.I.
::
$181
343
Suyor Consol., .17
HK. SHAREBROKERS'
ASSOCIATION
BUYERS
Canadian Paciic ...." 6 Celanese Corpn.
Cerro de Pasco .......
Chesapeake Corp.29** Chesapeake & Ohio 271 Chrysler Corpn....... 41 Columbla Gas & El. 53.. Columbia 8% "A" pl. 97 Commercial Credit. 30.
7 Commercial Solvents
133
341
commonwealth & 8. Commonwealth & 8.
11
Humphreys, $9.10.
Consolidated O
6% cum. pf. ..... Consolidated Edison 22 B
348
SELLERS
#243
Realties, $64.
SALES
Continental Can Continental OB ...... Corn. Products
371
263
62
„ĮBOW
$91
Providents (New), $3.80. Hotels, $7.40.
$5
Trams. $17.20/1/15.
$61
Curtiss Wright - (C.) Carties Wright "A" Delaware & Hudson Del. Lackawarina &.
Western
*
181
94
51
Bort.
XLos
8012. 1106
CHINA'S
TEA
Deere Co.
19
Distillers Corpn. Ber-
$108
grams
131
Douglas "Aircraft Du Pont
$80
2
Eagle Picher Lead Electric Boat
70 ora
Elec. Bond & Share 6 Eleo, Hond & Share
35 på...........te
Paris
Geneva Berlin
Montreal
Brussels
Yokohama
RATES
(British Wireless Service)
May 3
1641
May 4 1891
21.701
21.751
12.401
12.41
Athena
Milan
94 13/16
94-15/16
Copenhagen
Stockholm
191
19.031
Shanghai
1/12
1/01
New York
4.982
4997
Amsterdam
8.961
.8.161
Vienna..
Prague Helsingfors
143 3/16
143+
Lisbon ....
Hong Kong
Bombay
1/2-15/15 1/5-15/16
5.013
29.611
1/5-15/18 5.021 29.645
Belgrade
*ON. LONDON:-
FOR SHANGHAI —
On demand
OM BIROR:
Da demand
On demand
Telegraphie Transter... Bank, oo demand
Monte Video
Bucharest
Rio.
Saver (Forward) .....
Silver (Spot)
War Loan
18-7/16
18,77/18 181 37% 101
18
34%
Closing Quotations
May 8, 1933.
Telegraphic Transfor... 11/2 Bank Bills, on demand Credits, 4 months' sight - 1/2-3/33
On New Yoxx:—
Bank Bill, on demand 201 Credita, 60 days' sight 314
ON BATAVIA: —
55-5/16
27/34
On demand Sa
ON PARIS:
109
Bank Bills, on demand 1,030 Credits, 4 months' sight 1,125
ON BAIGON:-
A
Da dëmend
ON MANILA:—
On demand
106
ON BANGKOK1
EX
3. On demand)).
BOVERGISH NOTES"
1491
Bank Buying Rate.... 1/3-1/23
BAL 81.VER. DEF 184
INDUSTRY
Effort To Keep
It Going
Tea is one of China's principal Some sixty national Industries.
Elec. Bond & Share
$0 pf......... years ago China was the import-Elec. Power & Light 81
Elec.. Power & Light ant supplier of tea to the rest of
$7 pt. the world, but with the growth of
Filntkote modern developments of teá planting in India, Ceylon and Freeport Sulphur
Gen. America "Trans. 241- Java, China has slipped more and
23 Gen. Cigar more into the background.
Gen. Electric Gen. Foods
Tu 1890 China's tea exports were nearly 240,000,000 lb. In 1937, the figure had dropped to 82,000,000 I whilst India alone exported approximately 400,000,000 lb.
to
were
Of recent years Japan and For- mosa have been China's' serious rivals both in black and green tex exports. In 1937 Japan's exports
the United Kingdom 9,152,050 lb. as against 3.177.350 lb. In 1936. It will be seen that in one year alone Japan increased her exports by nearly 6,000,000 15 The Chinese Government, prior to the present Sino-Japanese hos- tilities, had been fully alive to the need of improving the tea trade, and furthermore the provincial governments within whose borders the tea industry," was carried on. were also prepared to assist in a revival.
With this object in view, in May 1997, the China National Tea Cor poration, was founded under the auspices of the Central Govern- ment and of the alx provincial governments of Hupeh, Hunan, Anhwei. Kiangal, Cheklang and Puklen
Gen. Motors... Gen. Rafiway Bignal 18. Glidden Co... Godchaux Bugar
Class "A" Goodrich (BF)...... 134 Goodrich 85 pf Goodyear Tire & Co. 181 Great Northern Rly 15 Great Western Bugar 271
Corpín. 9 Hecker Products
Greyhound
JAPAN OUSTING BRITISH FROM
CHINA TRADE FIELD
London, May 4
trade of equal opportunity to an While the agreement with Japan end, Mr. Burkill declared.
KAN TONG PO,
Chief Manager.
JAPAN EVADES QUOTAS
Bedspread Imports Into West Indies
London, May 4 The attention of Mr. W. Ormsby-
BUFFER STOCK
OF TIN
London, May 4 The Chairman be the interna- tional Tin Committee issue statement today pointing out that as the intention of the Committee was to accumulate the projected buffer stock in de months the quota would normally be 15 per cent, of standard tonnages. -
If the butter scheme is accepted. definite · decisions; regarding - the
respecting the Chinese Customs Hstening to the currency con- Gore, Colonial Secretary, WAS was certainly for the benent of fusion in Work China, the speaker directed today in the House ofmouit of the quota will be fixed" bondholders, judgment must be described the outlook for British Commons to the alleged practice of by the Committee in the light of suspended until they saw the trade as menacing, since non- Japanese firaid of importing into the position as it then appears...” signincance of the agreement, de- Japanese exporter to North Ching the British West Indies large
(Reuter). clared air. A. W. Burkill, prealding had no assurance that payment in quantities of four-yard lengths of at the annual meeting of the the currency now in use would be printed spun viscose rayon fabric
quote restrictions upon tas Im endi omes was formerly on thation
convertible into sterling, to be printed plus, dr
portation of Japanese cloth These lengths of material, it in much manner, it was alleged. was alleged, were not controlled the Japanese were competing in by the quota, limiting imports of the West Indies to the detriment Tryons and size. After their imot Lancashire, trade portation into the Britan Colony, Mr. Ormsby Core replied that the bedspreads were made up into he was enquiring into the position. drem goods, thereby evading the (Renter).
The head once located in Bhanghai, but owing to the war and to the centralisation of the tea industry in Hankow the corporation while retaining Its office.in Shanghai, has established head office in Hankow--and operates a branch office in Hong Kong
Mr. Burkin, added that 15 was
It was vital for the future of extremely difficult to reconcile the International trade in China that creation of this situation with the the Customs service should finit Japanese insurance that Japan tion as it cid betéte the outbreak had no intendon of damaging for. of war between China and Japanelen interests or excluding foreign The Japanese-controlled admin traders from the Chinese markets, istration had brought the pre-war (Reuter),
441
991
$
81
•
* 441
48
· 311
158
26
321 331
28
301
(17)
421
#p2¶⠀⠀c-957 ******-* -* **g*** * •* ***808*$*£ 1*965FSS
Pacific Lighting
Packard Motors..... Paramount Pictures
34 *
35
4
4
Also up to date Safe Deposit Boxes in various sizes To Let.
Hong Kong, 2nd May, 1938.
8
74
Paramount 1st. pf. 77
76 *
HONG KONG SAVINGS BANK
Pennsylvania R.R..... 157
151
Phillips Petroleum
331
341
Public Service of HJ.
27)
271
is conducted by the HONG KONG
Pure Oli
D
101
Radio Corpn. of Am
51
57
PORATION.
& SHANGHAI BANKING COR. Rules may be ob-
Republic Steel
137
134
Reynold Tobac. "B"
37
301
Schenley
161
16
Schenley 51% pf....
66.
*67
Sears Roebuck
554
501
Shell Union Oll
13
13
Hong Kong, 2nd May, 1938.
Socony-Vacuum
131
139
Southern Cal Edison
211
214
BANK OF EAST ASIA,
THE CHASE BANK.
15,. QUEEN'S ROAD CENTRAL
HEAD OFFICE: -
18, PINE STRESA,
NEW YORK.
The Business of the above Bank An American Bank offering com.
tained on application.
For the Hona Koxo & SHANGHAI BANKING CORPORATION.
D. C. Edmondston, Esq.,'.
Acting Chief Manager.
plete Foreign Banking Service
the principal Markets of the world.
Interest Rates on Application.
11
SAFE DEPOSIT BOXES.
This Bank is entirely owned by THE CHASE NATIONAL BANK, New York, with Besourodes' over U.8. $2,500,000,000.
D. M. BIGGAR.
Manager.
ID
Southern Pacific
111
Southern Rly (com)
7+
'71
Southern Rly "A"
107
10
Standard Brands ...
7+
73
LIMITED.
Authorised Capital.....$10,000,000.00
Stand Gas & Elec.
31
31
Paid-up Capital......
Reserve and Undivided
Stand Gas & Elec.
Profits
6,598,600,00
2,776,798.76
BANK OF CHINA
#pi.....
171.
187
Standard Ol of N.J.
481
487
Sterling Products ...
58 *
51.
Studebaker Corpfi.
59 41 41
Swift Internationa: 26
251
Technicolor 20
201
Texas Corpn.
361
371
Texas Gulf Sulphur 29
201
Tidewater Assoc. OU
134
131
Transamerica few)
91
સમ
20th Cent. Fox. Films
201
21
Unión
do. Films pl....
Carbide
291"
29 *
&
Carton..... Unión Pacie
United Aircraft
651
86
802 BI
Amoy
287 284
Batavia
United Airlines Trans
71
71
Bombay
Manda
Faktum bydary
Deloncia
Taihotu
United Corp. ..... 21
21
Centu..
ос
Kontefu
United
Corpn. $3
Haiphong
Sew Tork deacti Tokyo Clackm
cum, pf. PEMERI
254
231
Honolu
Bangal
Каба
United Gas Corpn. 3.
3+
www.
Un Gas Iprovem't: 02
· 10
Un. Light & power: 24
21*
US. Intrial Alcohol 183
U.S. Rubber) 254
167 27
"
UB. Rubber pf. 681
UB. Emelting 34.
697 541
171
Vanadium
US. Steel 44 441
15
ilmaine
151
Warner Bros. Pict....
4
47
rencies on terms which will be quoted on application.
Westinghouse Elec, 724
731
Safe Deposit Boxes To Let
Woodward Iron Cor. 128
13
Head Office:-HONG KONG No 10, Des Voeux Road, Central.
Board of Directors:-
Bir Shouson Chow, Chairman Li Ko Chun, Esq. Li Lan Sang, E P. K. Kwok, Esq. WongChuson, Esq. Wong Yun Tong, Esq. Kan Ying Fu, Esq Chan Ching Shel, Fung Ping Wab,
Ева
Kau Tong Po, Esq., Chief Manager. Li The Fong, Esa., Manager.
Branches and Agestoiss’;---
Kontoon Penang Pombay
Londer
Bangoca Baljon Maľbotine Bas Pran-
Parla
Bataryag ·Vandotter
Peipsing укоророте
Tokohama
Every description of Banking
Loans
Specially 'Chartered by THE NATIONAL GOVERNMENT
OF CHINA AS AN İNTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL.. $40,000,000.00 (BRANCHES ALL OVER OHINA)
Owing to our numerous Branches in 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.
Head Office: SHANGHAI
Hongkong Branch:
4. QUEEN'S ROAD, O.
South China Offices:
KONGMOON. TOISHAN
BHIUCHOW KINGCHOW
We also handle the issue of Bonds
und Exchange business transacted CANTON granted on approved SWATOW securities.
Current Accounts opened in Local Currency and Fixed Deposits re
shorter and other Public Funds of the ceived for one year or periode in Local and Foreign Cur- Chinese Government both at Home
SHOU J. CHEN'
Manager.
and Abroad.
Youngstown Sheet T
& Tube
301
301
Chase National BL 307"
303
National City Bank 24*
•241*
Call Money
·1%
* ex. div.
1%
bid.