$4.60
11 uta.
***
#1,385
£9.
212
£191
218
MCH
£140
£14
PAGE 12-HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock
Kuyali
Exchange
Gales Nom SATURDAY,
Sharebrokers' Association
Buyers
Boiler
Baler
MAY 7.
Back
H.K. Banks
Bo. (London)... Chartered Banks Mercantile Bks. "A
Do.
Nomina
$1,600
P. And O. Interim Dividend
FIRST TO BE PAID
SINCE 1931
FINANCE
NEW YORK STOCK EXCHANGE
(Through Router's Service)
QUOTATIONS
New York: May 1.
New York Cotton-July,
New York Rubber-July.
Chicago Wheat
July.
Uhicago Cort
July.
Winnipeg Whost-July.
Today's High Low Close Close 3,70 3.53 8.70 1,87
11.93 11,8* 79) 79 73* 79) 598 59 161 69) 100 108 1094 108
Last
Changt .03 of .08 off
7/8 up
3/8 up
3/4 ap
$110
Baak of East Asia.
300
(BY AIR MALL)
1948
N. C. & S. Dauka
12
Insuranese
ax.div. 1:57
Canton lusarANCOS.
XD
2257
3827
Jaion. Insannons ......
$630
$2
Jadorwriters
›933
a.K. Firs.............
.39.15 $333
Shippior
JBL
Douglares
130
$32
::
Steambui
3294
140
Indo-Chinas (prof.)
London, April 28,*
134.95 is. to 239. 9d. In A rise of
32,77 the Deferred stock units of the
19.00 20 Baile 8.0 15.14 Utilicios Peninsular and Oriental Steam Navigation Company yesterday testified to the market's satisfac- tion with the 'Arsi interim dividend to be paid sance 1931.
High Low Dow Jours Averagen
May 6
High Low Close Obaux
98.96 Icdustrials
117.16
23.90
1001
9170 83.39 40 Bonds
87.48
5439 48.33 11 Commodity lades 48.71
Business Done: 580,000 shares.
11808 116.83 117.21 .05 ap 22.68 $2.00 22.64
.16 oil. 10.09. 19.73 tH.26 ,06 of
87,78
.31 up 43,74 01 up
$51
324
16/0
83/1 Shell
Do. (ust.)
1,90 Waterbosta
Mining
Kailans
Venczurks Gold Plis.
"Hongkong tine...
Blocks. WhAITDE,
124
83/11 SARI
16/-
02
STOCKB
Last Sale
STOCKS
$3.90 13 HO
Do,
Shangani Dock S
#4.05 New Engineerings 8.
Lands, Hotels, and
te niedowm, ets.
$138
H.E. & K. Wharves
*
|3/9008 |
Providents (aid) so
$139
Do. (Dew)
$3.06
H.K. & W. Docka ....
83.82
2213 411
Do.
#22
(now)
(rts)
381
$11. $100 14
Ruilding
$7.40 $37
35/40
H.K. Hotelan
$7.35 $71
H.K Land....
A.
$740 $37
$101
Do, 4% Dabentures 1102 Shanghai Landa... S.
89.15
8192
1
Hapbreys
Cafton Milla
Ewos
S'hai Cottons
Zong Sings........... S.
...
Metropolitan Lando..
H., Roalties..
$0.10
$9.20
$70
#24
$45
Wing On Textilusį S.)
Ewo Cotton Rt. S.
Public Odlikom
17.20/
Tramways.......................... | $17,15
17.18/20
$7
Poak Teams (old)..
Do
(dow)... <3
Sufi
987
Star Ferrio
334) #241
Yannati Ferries!
$24
$19.40
$1435
China Lights (old).......¦ $12,3)]
$2,2
Do.
(new)... #at
Do. Нем
$611
H.K. Electrica
801)
.17
Macao do.
614)
Sandakau Ciglibs...
Tuleulings (old) ..... 1979.
$10.00)
ud} **
29/-
Tructions.........
3:0.80
19/6
33-
Do. (profe...
Industrials
#142
Cald., "Macg. (Or.)S}
$19
10.
(ProtJS
$1,70
Canton Ices
$1.50
$183
$470, Ropes
Cambate .....
$184
Miscellaneous
$264
Dairy Farma...
$25
$6.00
Ch. Eteinmonta..
Constructions, (old) 1
Do.
}
(20W)
$94
Lane Crawfords....
Nanyang Tobacco...
.35
321
$6.7
Patyous
81%
S. C. Enterprises .... Cu.G.5% 1926Ġ.9 Bds.
#54°
84.74 36.80
11
81%
8p. 14.K. Gors. 42 Lens
116
2*/.pm
Da.
3}%
$103
Providents (New), $3.80.
Wallace Harper
360
S'hai
12/ 14/3-475
8.K Wing.00
Vibro Piling Marumans Inv. (Lon.) (HK)
170 ota. Wm. Powe
*Salon to Shanghai
LONDON EXCHANGE
Venz. Goldfeld, $2.60.
51
As this is to be 21 per cent.. it may be presumed that on prese" indications the board contemplat paying rather more on account of 1937-38 than for 1936-37, in respec: of which a ingle payment of 4 per cent was made after the cluse of the company's year.
Such K happy event "would fittingly crown the careful policy of reorganization and economy upon which so much hard work was done in recent years by Lord
121 Craigmyle, who only last month resigned the charmanship of the company owing to ill-health.
It may be recalled that at the meeting last December he hinted that it might be possible in the future for the allied companies to make a somewhat larger distribu- tion of their earnings.
The group. of course, has been fortunate or more correctly, per- haps, udroll-in that it contracted for the major part of its
new
$1935 shipbuilding programme When
costs were materially lower than at present. This factor is now having its effect on the company's results.
An associate of the P. and Q. group, the British India Steam Navigation Company, also declares Its first interim Ordinary divident since 1931.
Y
In this case the payment of 24 per cent, now to be made for the half-year to March 31, compares with a single payment of $ per cent on account of the full year 1936-37.
H. K.
STOCK
EXCHANGE
SATURDAY'S
OFFICIAL
QUOTATIONS
Market ruled, quiet but steady
and prices are being maintained BUYERS
Hong Kong Bank Lon), $94. HK. Steamboats, $224. Providents (Old), $3.90,
Trans. ......
Brooklyn-Manhattan
$6 cum. pt. Case, J.
Canadian Pacific
Celanese Corpn. ..... 13A
Cerro de Pasco ....... 357 Chesapeake Corpn.... 34 Chesapeake & Ohio 291 Chrysler Corp........ 45) Columbia Gas, & El. ཏྭཱ་ Columbia 6% "A" pr. 61 Commercial Credit... 31 Commercial Solvents "Commonwealth & S Commer.wealth & 8.
6 cum. p....... Consolidated Edison 253 Consolidated On Continental Can.... Continental Oll Corn. Products Curtiss Wright (C.) Curtiss Wright. "A" 201 Delaware & Hudson 102,
Del Lackawanna &
Western ....
Deere Co. Distillers Corpn.Ses-
grams
Douglas Aircraft 457
May
7
Last Sale May 6 7
MONDAY,
MAY 9, 1938.
BANKS
HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION
Authorised Capital .........230,000,000 Issued & Fully Paid-Up $20,000,000 |* Reserve Funds:-
Sterling
H.K. Currency Reserve $10,000,000 Reserve Liability of
Proprietors
AUSTRALIA AND CHINA Incorporated by Roynt Charter 18IS
HEAD OFFICE: LONDON: 38. Bishopsgate E,GA.
£8,500,000
$90,000,000
Paid-up Capital. Reserve Fund Reserve Liability of Pra-
prietor.....
£3.000.000 £4.000.000
£3.004.000
Head Office:HONG KONG
MANCHESTER BRANCH: 71, Mosley Street, Manchester.
AGENCIES AND BRANCHES:
ALOR STAB 110140
Board of Directors, ̧· T. E. Pearce, Esq.,
Chairman. Hon. Mr. J. J. Paterson,
Deputy Chairman NEITSAR J. K., Bousfield, Esq., A. H. Compton, Esq.,
Hon. Mr. S. H. Dodwell,
BOMBAY
BANGKOK BATAVIA
M. T. Johnson, Esq.,
J. R. Massori, Esq.,
Adams Express
91
9
liumcle Ol
70
70
CALLUTTA CANTON
CAWNPORE
1P08 KARACHI KLANU
KUBE
KUALA
ZUMPUR
SAIGON SEMARANG
HAREMBANG
AMAZONAN
SINGAPORE
SITIAWAN
SOURABAYA
Alleghany Steel Co. 15
G. Miskin, Esq.,"
KUCHING
TAIPING
16 *
Lat. Nickel
47+' 471
K. S. Morrison, Esq.
Ceau
MADRAS
THENTAIN
Allis Chalmers........ Amer. Can
424
43
.. Tel, & Tel
31 81
Hon. Mr. A L Shields,'
862
88
Lat. Dept. Stores
COLOMBO DELHI
MANILA
TONGKAR
MEDAN
(Bhuket)
31
71*
D. C. Edmondston, Esq.,
Amer, Cynamid "B" 17) Amer. & For. Power
18
Kennecott Copper... 351
KAIPHONO
NEW TORK
TRINGTAO
351
Acting Chief Manager.anaUEG
37
.31.
Lambert Corpn.......
11
11
Amer. & For. $7 pf. 21) Amar, Locomotive ... 181 Amer. Metals........... Amer. Radiator
20 177 314 32 121
Libbey-Owens- Ford
Branches:-
Glass
201
291
moy
Ipoh
Lockheed Aircraft ... 91
9+
Bangkok
Johore
Panang Rangoon
Amer. Rolling Mill. 183 Amer. Smelting ...... 391 Ame. Sugar Ring. Amer. Tel. &z Tel.... 1301 Amer. Tobacco "B" 721 Amer. Waterworks .... 01 Anaconda Copper ... 287 Atchison, T. & 8. Fe. 391 Atlas Curpn. ..... Auburn Motors
124 187
Loew's Inc.
411
421
Batavia
Kobe
Saigon
LortHard
18,
16
Bombay
Kowloon
San
39
McKesson & Roobut
L'alcutta
Kuala
27;
$3 pt."
31 *
Cxaton
Lumpur
Francisco Shanghiti
314
131
Martin, Glen L.....
231
Chefoo
+
London
Singapore
24
Colombo
Lyons
Sourabaya
734
91
284
Monsanto Chemical 72
.723 Montgomery Ward 331 33 Nat, Bond Invest-
Dairen
Malacca Sungei
Fonchow Manila
Patani
Haiphong Huan
Skatów.
281
ment
121
14
7
.71
Nat. Cash Register 17
172
Rankow
Mukden
Tokyo
31*
34.
Nat. Dairy Products 13)
Harbin
13+
Baltimore & Oble... Bmore & Ohio Fid. Barber & Co.
61
31
Nat. Distillers .........
Hoogkow
Peiping
Yokohama
201
201
Iloilo
23
7
Nat. Power & Light 71
72
16)
181
Nat. Supply Corpn. 19
38
Current
Accounts
Barnsdall Oil .........
139
141
New York Central...
13}
131
Bethlehem Steel.
484
48
Niagara Hudson P
opened Local Currency and Fixed Deposits
In
Hamburg (abore) Tiantain
New York Tsingtao
BONG TUNG
УСКОНАМА
(Peking) ZAMBOANGA
PENANO
HANGOON
FOREIGN EXCHAкor 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 addertakes Executor and, Trustee business and claima re- covery
of British Income Tax joverpaid, on terms which may be ascertained at any of the Agencies |and Branches.
B. W. ROBERTS,
Manager...
PEEPING
HANKOW
HARDIN
Boeing Airplane Co. 211 - Borden Co.
271
Corpn..............
71
71
101 15)
N. America Aviation
9
9
Borg-Warner ............... 21) 211
North America. Co. 201
20
received for one year or shorter periods in Local and other, Cur- rencles on terms which' will be quoted on application,
Briggs M'facturing.. 19 Brooklyn-Manhattan
192
Northern Pacific
K
$1
81.
Pacific Gas & Elec 281
273
71
TA
Pacific Lighting
37.
364*
Also up to date Safe Deposit Boxes in various sizes To Let.
Hong Kong, 2nd May, 1938.
Packard Motors ......
34
4
LOR
82
63
71
13
41
11
30
29
63
47
Do. thimini 380
H. & S. Hotels, $7.40.
Du Pont
$5
H.K. Lands, $37.
Eagle Picher Lead 91
170 CLS
RATES
(British Wireless Service)
May 5
Paris
Geneva
168-29/32
21.08
Berlin
12.404
May 7. 177-29/32 21.763 12.391
Athens
New York
Milan
Copenhagen
Stockholm Shanghai
Amsterdam
Vienna
94-13:10
943
18.97
ls 0-13/16d
1/-
4.99
4.01
8.361
8.91
Frague Helsingfors
1431
1431
Lisbon
Hong Kong
1/2-15/16
H.K. Lands, 4% debentures, $101. Humphreys, $9.15,
HK. Tramways, '$17.20. Peak Trams (Cd), $7. Star Ferries, $364. Yaumati Ferries, $244. China Lights (Old), $12.40, China Lights (New), $9.20. Hong Kong Electrics, $81, Macao Electrics, $17. Telephones (Old), $27.80. Watsons, $61.
Wing On (H.K.), $50. Wing On Textiles, $45. Entertainments, $6.80. Constructions, $14. Marsmans (HK), 4/3, *
SELLERS
Providents (Old), $4. Raubs, $9.
Yaumati Ferries, $244 Watsons, $6.70.
SALES
Electric Boat
Mee. Bond & Share 8k
Elec, Bond & Share
$5 pr...... Elec. Bond & Share
10 pr.
Elec Power & Light 101 Elec. Power & Light
$7-pi.
Filntkote.........
251 Freeport Bulphur ..... Gen. America Trans 364 Gen. Cigar
Gen. Mectric
Class "A"
Gen. Foods
Gen. Motors
Ger. Railway Signal
Glidden Co.
Godchaux
Goodrich (B.F.)
Goodrich $5 pr.
Bombay
1/5-15/16
Montreal
5.015
5.01
Brussels
29.82+
29.612
Yokohama....
Belgrade
Buenosaires
19.021
Hong Kong Bank, $1585 Providents (Qld), $3.90/95. Providents (New), $3,82)/85, HK. Mines, $0.11 "H. & S. Hotels, $7.35/40
HK. Tramways. $17.20/25 Star Ferries, $87
Goodyear Tire & Co. 187 Great Northern Rly. '174' Great Western Sugar 27} Greyhound Corpn. Hecker Products
16-7/16
· 181
187
18-11/10
Bucharest
Rio
Silver (Forward) Sürer (Spot) ....... War Loan
ON LONDON:-
31% 101-11/16.
Closing Quotations
May 7, 1828.
Telegraphic Transfer... 11/8 Bank Bills, on demand
Credits, 4 months' sight
ON NEW YORK:-
Bank Bilis, on demand 3018/16 Credits, 80 dayï' sight 31-5/16
O'N BATAVIA ----
56-5/10
Bank Billa, on demand 1,000
Credits, 4 months' sight 1,175
JARI
27/34 1/3-3/32).
On demand
ON PARIS:-
ON SANGA
On demand
100
ON SAIGON:
ON BINGAPOXI *-***
On demand
S
ON MANILA-
On demand
O JAPAN:-
ON BANGKOK :----
On demand
106
On demand
140%
ON INDIA
Boverelen Notes
Bank Buying Rate....
1/2-1/38,
BAR GIVES 067 0 .... 181
On demand
Telegraphie Transfer...)
China Lights (Old), $12.35 Telephones (New), $10.00 Dairy Farms, $251,-.' Margmans (Lon), 12/- : Maramans (H.K.), 4/3-4/6. (Prices below in Phil. Currency)
Antamoka Ps. 49 Atoks, .24
Baguio Gold, .204 Benguet Consol, 9,30 Coco Grove, .52 IXL 66.
San Mauricio. 43.
Suyoc Consol, .161.
Out of 655,050 pounds of canned pineapple imported into Canada in the month of January, the British Straits Settlements supplied 841- -254 pounds, the 'Til Islands, 6,240 rounds, Hawaii 6,114 pounds and the United States 5,042 pounds.
THE EXCHANGE MARKET
STERLING
Head Office:HONG KONG
Specially Chartered by
Na 10, Der Voeux Road, Central ĮTHE NATIONAL GOVERNMENT
Board of Directors :—
Bir Bhouson Chow, Chairman Li Koon Chun. Esq. Lan Bax. Faq PK. Kwok, Reg. Wong(huSon Faq Wong YunTong.Esq, Kan Ving P. Chan Ching Shek Hang Pine Wah, Fax.
Esq
Kan Tong Po, Esq., Chief Manager Li Tan Fong, Esq., Manager.
Calcutta Cantua
London Kango
Manila
Malbourg
JAZAKAL!
New York
Osaka
Parit
Baigon
Boumbaj
The ku
A Though Yokoha
• Paiping Singapore.
Every description of Banking
ri
OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHINAY Owing to our numerous Bradoben 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, C.
South China Offices:
and Exchange business transacted. CANTON Созд
granted
approved SWATOW securities."
Current Accounts opened in Local SHIUCHOW Currency and Fixed Deposité, re- ceived for one
year or shorter
KONGMOON
We also handle the issue of Bonds
periods in Local and Foreign Cur and other. Public Funds of the terms which will be Chinese Government both at Home quoted on application.
and Abroad.
SHOU J, CHEN
Safe Deposit Boxes To Let.
Chief Manager,
PHILIPPINE MINING NEWS
HOMESTAKE. GOLD Mines, Inc. A raise in the ore shoot at the reports that the results of the de-function was started and a chute velopment is encouraging and the is now being installed. The ore in value of samples taken had been the back of the raise is good, improving.
Tunnel No. 11 was started on The latest assay is valued P149.80 this vein 100 feet on the plane of The market opened with sellers with an average value of Pas per the vein above tunnel No, 9 and was advanced 40 feet. The assay at 1/2 15/16 May-June resulting tons in some business at this rate for II. M. Connors, resident en-values have been encouraging. MESSRS. ROZAĄ BROS:
June and May. The market clos-gineer, reported that Diesel in- Forty four test advance . was. Bliver prices were unchangeded with sellers at 1/2 29/32 May- stallation is almost complete. The made in the East heading of the yesterday, the quotations remain June and 1/2 7/8 July-August, compressor according to the en-dram tunnel and 23 feet in the ing at 18 5/8 for Ready and 18 buyers at 1/2 15/16 Cash-June gineer la being prepated. Road West heading. The East heading, and 1/2 29/32 August, possibly from Macawiwill to the mine camp that is the one going toward the 7/16 for Forward. Bilver ·ad-
July,
is now, completed which offers portal of tunnel No. 3, at the pre- vices repored the market as being
transportation facilities for the sent time, looks very encouraging. steady with a small business done.
The vein from wall to wall is more corporation. 'India bought. After the official There were sellers at 30 15/16 axing sellers bid 1/18 over the May-June and 30 7/8 July-August quoted rate. American Silver was buyers at 31 May-June and 30
15/16 Angust.? quoted at 42 3/4 for Spot?
The London-New York cross- rate was quoted at 490.87. New York-London was quoted' af 498. | 1/2
U.S. DOLLARS
SHANGHAI DOLLARS
Nominal
SHANGHAI MARKET
Nominal,
ין
An advance of 18 feet was made than three feet wide and is com- in this tunnel which now has aged of zumerode quarts streaks total distance from the portal of interspersed with granite. An of 304 feet. The vein which was four the streaks are entting toward the to Ave feet wide in the ore shoot hanging wall and some values are at the junction' narrowed down to coming in The West heading. a small hanging wall streak and to does not look so promising at this date there has been no change. time.
52
181
131
1042 1031
48 51
52
30% 16
221*
354
261
323
17
18
****〠㤤§-* 30-988-32. ago*. * a¤ ¤¤¤ÇÒ¤¤¤¤
81 *
Paramount Pictures 8 Paramount ist. pl. 76 Pennsylvania R.R.... 17:
81
HONG KONG SAVINGS BANK
76 "
162
Phillips Petroleum 351 Public Service of NJ. Pure Oil
351
30
31
101
104
Radio Corpn. ul Am.
ន
6
Republic Steel
141
14
Reynold Tobac. "B"
361
36)
Schenley.
181
161
D. C. Edmondston, Esq.,
Scherley 54% pf.
$61
661*
Sears Roebuck
593
60
Hong Kong, 2nd May, 1938.-
Shell Union. Ol.....
13
131
Socony-Vacuum
141
141
Southern Cal Edison, 22
BANK OF EAST ASIA.
221
Southern Pacific
121
121
Southern Rly (com) 8
71
Southern Rly "A"
124
114
"LIMITED...
Authorised Capital ....$10,000,000.00)
The Business of the above, Bank
THE CHASE BANK
13, QUEEN'S ROAD CENTRAL.
HEAD OFFICE:
19. PINE STREFI,
NEW YÜRK.
American Bank offering com- plete Foreigt Banking Service in the principal Markets of the world. Interest Rates on Application..
is conducted by the HONG KONGn
SHANGHAI BANKING 'COR; PORATION. Rules may be""ob- tained on application.
For the HONG KONG & SHANGHAI) BANKING CORPORATION.
SAFE DEPOSIT BOXES,
Acting Chief Manager.This Bank is entirely owned by
THE CHASE NATIONAL BANE, NEW YORK, with Resources over U.S. $9,800,000,000.
D. M. BIGGAR,
Manager.
»!
207"
Standard Brands ....
71
71"
Paid-up Capita!
5,598,300.00
Stand Gas & Elec.
Reserve and Undivided
BANK OF CHINA
31
37
Stand Gas & Elec.
Proäts
............. 2,776,728,70
$7 pl......
21
201
Standard Ol of N.J.
491
491
Sterling Products . saj
59
Studebaker Corpn.
41
44
Swift International Technicolor
25
251*
201
201
Texas Corpn. 30
392
Texas Gulf Bulptur 30
201
Tidewater Assoc. Oll Transamerica (new) 20th Cent. Fox. Films
13 13
- 131
97
21++
213
do..
Union
Films pl. Carbide
29 **
29 *
&
Carton Union Pacific
:
+1
Branches and Agencies :---
06)
681
Amoy
Kowloon Parang
United Aircraft
654
35
MAPATIN
Fombay
United Airlines Trans
371
271
8
8
United Corpn.
Haiphong
United
Corpn. $3
31
31
Buslow
aydory
64 Pran
in
Tentada
Sectio Takro
Semarang
Honolulu
cum, pf.....
Kobe
United Gas Corpn... 30
30
Un. Gus Iprovem't
**
41
22j*
Un. Light & power 102
101
700
351
U.S. In trial Alcohol 24
21
U.S. Rubber
174
171
** TOISHAN
KINGCHOW.
U.S. Rubber pf....... 273.
271
U.S. Śmelting
71.
697
U.3. Steel
56
55 *
Sugar
Vanadium
45A
441
rencies on
Warner Bros. Pict.... 15:
15+
143. 423
14
Westinghouse Mec. 51
5"
KAN TONG PO.
42**
Woodward Tron Cor. 771
761
Manager.
D+
191 161 274
92 04
Youngstown
Bheet 14
"14
& Tube
314
32
Chase National Bk 30* 301*
National City Bank 241 Call Money ...
241*
1%
1%
1 ez div.
bid.
MARKET
Easter.