New York: May 21.
$130
$1,610
2911
213)
228
£14
1
190
Hanka
H.E. Banks...................) $1,500)
Da (London) ...
Chartered Banka... Mercantile Bks. “A”
Do
Bank of East Aris....
:
រ
£194
C"
214
190
1024
PAGE 12 HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock
Exchange.
“
H. K STOCK
Sharebrokers' Association
SATURDAY.
Sayeit
Ballers
Wira ||Naustral
Suyor
·Belleze
fai
纳
MAY 21.
FINANCE
NEW YORK STOCK EXCHANGE
(Through Renter's Service)
EXCHANGE
SATURDAY'S
OFFICIAL
QUOTATIONS
The morning's session was quiet with only a small turnover.
As from today the peg has been taken of Manila quotations.
BUYERS
New York Cotton-July.
New York Rubber-July,
Chicago Whont
Chicago Corn
Winnipeg Wheat-July,
MONDAY, MAY 23, 1938.
BANKS
HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION.
Authorised Capital 350,000,000 Issued & Fully Paid-Up #20,000,000 Reserve Funda;-
£6,500,000
AUSTRALIA AND CHINA Incorporated by Royal Charter, 1855
HEAD OFFICE: LONDON:
38. Bishopágato 2.0.2
H.K. Currency Reserve $10,000,000 Paid-up Capital.....
QUOTATIONS
11.33 11.20 11:366
Last Today' High Low Close Close 8.60 8: 8.53 8.53
113tb
Change
,01 of
Sterling
.15 of
--July.
761
75%
741
768
3/4
55
68)
|
69
1/4 of
Resorve Liability of
Proprietors
11
63,000.000
$20,000,000
105
1031
103 101
it ap
Reserva "Fund ..................... Reserve Liability of Pro- prietors
£3.000.000
83.000.000
와
N. O. & B. Banke ..
32
B.K. Bank. $1500.
High
Insuranceg
$267
Canton Insurancen..
#250
$519
#:
Union InsuraİNDEN ..
3518
JEL
Underwriters
13
1939
H.K. Firos
$133
H.K. Bank "(Lon), 591). Union Insurance, $518. Providents (Old), $3.60. - 1: Providents (New). Dł. Raubs, $9.90.
Low Dow Jones Averages 134.95 98.84 30 Industrials
82.77 19.00 20. Raile
May 18. High Low Close Chang
114.99
„1440 11337 113.93 1,74 of
91.90
22.90 15.14 20 Unilines" 99.70 83.39 40 Borida
19.18
3184 1.72 $1.76
19.41 18.95 18.04
67.19
11
64.99 47.18 11 Commodity Ladex 47.18
86.04 42.18
.11 off .93 of .08 ap
Board of Directors. T. E. Pearce, Esq.
Hon. Mr. J. J. Paterson,
Shipping
180
Venz. Goldfield, $2,60.
Business Donie:-290,000 xhársa.
Head Office:-HONG KONG
Chairman.
MANCHESTER BRANCH:
71. Mosley Street, Manchaster.
AGENCIES AND” BRANCHES:
ALOE STAR ILOILO
SATOOR
Deputy Chairma7. | AMRITSAR › J. K. Bousfield, Esq.,...
18:
Douglaser
Steamboats
129)
& S. Hotels. $6.80.
100
Indo-Chinas (prot)
351
H.K. Lands, 4% deb. #101.
STOCKS
Last Balo
121
Do. (dof.)"
$24
Peak Trams (Old), $7..,
May 20 21
37:6
2/6
Shelle...........................
H.K. Electrics, $591.
Adams Express .............
183
81
STOCKS
Humble Oil
16.90 Waterrosta
9.05
Mining
14/8
Kailans
$9.99
$2.00
:
$137
$3.00
3.50 68
ex. rts. $
Raubs.......TREAN POR Venezuela Gold Fid-.
et Hongkong Minos...
Docks, WiAZERI, Godown, itu.
H.K. & K Wharves. Provideats (old) ...!
Do.
H.K. & W. Docka
Do. (дем)
Do. {1}
Shangoai Docks S.
$4.05 New Engineerings 9.
Landa, Hotels, and Buldinge
H.K. Hotels$6.80
$15/- 49.80 #21
Macão Electrics, 517). Cements, $17.30. Constructions, $13. Marsmans (H.K.), 3/10.
SELLERS
Alleghany Steel Co. Allis Chalmers ........ Amer. Can
141
141
Int. Nickel
427
411
Int. Tel & Tel
By..
B54*
Int. Dept. Stores...
Amer. Cynamid “B”
17)
171
BEMASANO
BANGKOK KARACHI
VEREMBANG
A. H. Compton, Esq.,
Hon. Mr. S. E. Dodwall,
BATAVIA BOMBAY
KLANO
KOSE
SHANGHAI
SINGAPOR
CALCUTTA CANTON
SITIAWAN
CAWNPORE
GU
LUMPUR KUCHINO MADRAS
BOURABAYA
TIENTSIN
COLOMBO
MANTLA
TONGKAR
HIDAN
(Bhuket)
NEW YORK
TSINGTAO
I VALA
TAIPING
| 8137) 3.85/7 [3,50/69)
211
$21
$10
1100
$4
Amer. & For. Power Amer. For, $7 pf. Amér. Locomotive.... Amer. Metals
31
3+
183
181
161 39
157
Lambert Corpn....... Libbey-Owens→ Ford
Glass......
| Lockheed Aircraft
Loew's Inc.
Branches
Ipoh
Johore
Penang Rangoon
Kobe Kowloon Kusis
San
HANKOW
KARBIN
$3.60
$34
, ét
$11
Blue
(new)}
$9.15 Humphreys 18,80
$13.40 Ewos
:
China Lights (Old), $117.
SALES
H.K. Bank, '$1510. H.K. & K. Wharves, 137. Providents (Old), $3.80.. Providents (New), 3.50/55.
H. & S. Hotels, $6.75/90, HK. Tramways, $17, y China, Lights (Old), $11.60/70. H.K. Electrics, $80.
(Prices below in Phil, (Currency)
Atoks, .25
$6,80
6.70/90)
81/80
$37
H.K Land.......... $38
Do. 4% Dabeatures
3102
#9
Shanghai Lands...
Benguet Consol., 20
Metropolitan Landa..
251
H.K. Realties.********
35
Coco Grove, .49
IX.L.. .81
3100
Chinc Exta tom................
San Mauricio. .451
Coftan Mill
$131
$78
S'har Cottons S
170
Zoong SingS
$24
$45
Wing On Textiles(S.) Ewo Cotton Kits S
Public Utilities
$18
it
'17
1881
Tramways ................... Poak Trans (old).
Di (now)... Star Ferris ******* Imati Ferries CB.3 Do. rts. $
17.17.05
*31
180
$113 [11.60/7 0
$11,70
30,0
Do.
{DOW)...
+4
4
Do. Ht.
Macao do.
314)
Sandakan Light...
$9
10.50
Do.
236
23/6
industrials
$141
Cali, Macg, (Ori)S
$13)
L'o. Prgf S
$1.70
Canton Icea
$1.50
$17.35
$95
917.30
340
$0
::
13
#
$34)
Chins Lights (öld!
H.K. Electrica .......
Telephones (old)...
{DBW)...
Tractions.......
Do. (prof.):
(40W
Cements
84.70 Hope"
Miscellaneo
Dairy Farms
1610 Ch. E'tainment.................
Constructions, (old 1
Laus Crawforda..... Nanyang Tobacco..
$2.90 Steres
$6
Watsons...
S. C. Enterprise
76%, CG.3219260. Bds
3.p. H.E. Dord. 42 Loans
Do.
191
$80
::
ཚོ ོར། ལྷ
Amer. Radiator .....
Amer. Rolling Mill...
Amer. Smelting......
Amer, Sugar Ring..... 22) Amer. Tel & Tel.
Amer. Tobacco "B" 704 Amer. Waterworks... Anaconda Copper ...
Atchison, T. & S. Fe. Atlas Corpo Auburn "Motors ...... Baltimore & Ohio... B'more & Ohio Pfd.
Barber & Co.
Barnsdall Oil
Bethlehem Steel...
Suyoc Consol, 18
THE EXCHANGE
MARKET
MESSRS. ROZA BROS.
Sliver prices rose 1/18 yesterday for both deliveries, the quotations being 18 3/4 for Ready and 18 1/2
for Forward. Silver advices repor-. ted speculators' as having operated both ways. India bought. The $272 $10.60 market closed with sellers at the quoted rate. Buyers bid 1/18 under. American Silver was quoted at 42 3/4 for Spot.
The London/New York cross- rate was quoted at 488.81. New York/London quoted at 400 13/10.
Borg-Warner
Briggs M'facturing Brookly-Manhattan
Trans.
„Brooklyn-Manhattan
$6 cum. pf. Case. J.I.
Canadian Pacific Celanese Corpn. Certo de Pasco
Chesapeake Corpn.... Chesapeake & Ohio Chrysler Corpu........ Columbla Gas & E. Columbia 6% "A" pf. Commercial Credit... Commercial Solvents" Commonwealth & 8.
281
101
15)
349
221*
Last Balo
20. 21
May
831
454
9
BI
Kennecott Copper... 32
Lorillard....
"McKesson & Robbins
$3 pl.......
101
271
91 41
18
312
Martin, Glen I... 24 Morisanto Chemical 74 Montgomery Ward 31 301 Nat, Band Invest-
ment
M. T. Johnson, Esq., J. R. Hasson, Esq.,
Q. Miskin, Esq.," K. S. Morrison, Esq.,
Hon. Mr. A. L. Shields, D. C. Edmondston, Esq.,
Amoy Bangkok Batavia Bombay Calcutta
Canton
Chefoo Colombo Dairen Foochow
13 * 131 Hoburg
དྡྷིaཙཱིཅཆཏྟཊྛི བྷུཚཨྰཿ ཨཽaཙོཉྙཱ ནཱནཱནཱནཱ ནཱནཱ ཙཚབྷཱཝབྷརྦྷཝཙ ཏྲེ་ྤུn7#རཽནཱམྦཏྠནཱ=ཀྰew iབྷབྷོདཿ ཨྠཨྰཿཨྰཿཨྰཿཀྰཨྰཿá ཊྛཀྑུཾཊྛཱཚན དྷརཊྛཱན8ཙྩོ ཿབྷ་ཝཱ་གཙུཏྟཱ བྷནྟི
DELEI KAIPHONG Acting Chief Manager: HAMBORG ..
Saigon
Francisco Lumpur Shanghai London Singapore Lyons Sourabaya
Sungei Malacca
Manila
Patani
Haiphong Muar Swatow (Johore) Tientsin
Tokyo Hankow Mukden Harbin New York Tsingtao
Yokohama Hongkow Peiping
Itatto
Current
Accounts opened in Loed! Currency and Ffied Deposits received tot one year or shorter periods in Local and other Cur rencies on terins which will be quoted on appication.
PRIPING ..TOKOHAMA (Peking) ZAMBOANGA
PESANO HONG KONG HANGOON
FOREIGN EXCHANGE 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 applies- tion.
The Bank's Head Office in Loudon undertakes Executor and Trustee Business, and claims re (covery of British Income Tar overpaid, on terms which may be jascertained at any of the Agencies
and Brancties.
R. W. ROBERTS,
Mariager.
י
THE CHASE BANK
Also up to date Safe Deposit 15, QUEEN'S ROAD CENTRAL Boxes in various sizes' To Let.
Hong Kong, 2nd May, 1938. ·
HONG 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 HONG KONG & SHANGHAI BANKING CORPORATION.
b. C. Edmondstón, Esq.,
Acting Chief Manager.
1291
70*
25
251
64
Nat. Cash Register 17
34
Nat Dairy Products 13.
51
Nat. Distillers
191
81
Nat: Power & Light
7/
154
'Nat. Supply Corpn. 16
1224
444
Boeing Airplane Co. 244 Borden: Co.
23+
151
103
17
83*
26 *
New York Central... Niagara Hudson P
Corpn. N. America Aviation North America Co. 20 Northern Pacifc ... Pacific Gas & Elec Pacifc Lighting Packard Motors - Paramount Pictures
12
7
81
81
261
361
32
747
.. 51
NAT
1214
Paramount 1st. pf. 78 * Pennsylvania. R.E. Phillips Petroleum...
15
311
33
32]
Public Service of N.J. 29 Pure Oll
9
28
412
01
67
Radio Corpn. of Am. Republic Steel Reynold Tobac. "B" Schenley
53
13
363
1
317
Schenley 54% pt.
7
Sears Roebuck
551
15
Shell Union Oil
124
Hong Kong, 2nd May," 1838.
12
Commonwealth- & 6.
Socony-Vacuum
423
421
8% cum. p..........
Consolidated Edison Consolidated 011
231 84
39
241
831
43
Southern Cal Edison Southern Pacific... Southern Rly - (com) -
12 Southern Rly "A" Standard, Brands .... Stand Gas & Elec. Stand Gas & Elec.
211
11
"
71
BANK OF EAST ASIA, LIMITED.
71
34
Reserve and Undivided
Proâts
Authorised "Capital $10,000,000.00 Paid-up Capital .......... 5,698,600.00
2,776,728.711
193
194
91
87 pf.
Standard Oil of N.J.
46.
Sterling Products...
60
Si
4
Studebaker
Corpn.
181
25
Swift Internationa: Technicolor
232
121"
441
1002981
35
Eagle Picher Lead Electric Boat
83 B+
Nominal.
Elec. Bond & Share
77-
14
SHANGHAI MARKET
... 70 ct.
Elec. Bond & Share
Texas Corpn....... Texas Gulf sulphur Tidewater Assoc. Ou 11 Transamerica (new) 20th Cent. Fox. Filma
do.
Films pi.... Union Carbide
30k
301
221
30 *
Nominal.
48
602
514
10
Eles, Power & Light
372
Carbon Union Pacifë .......... United Aircraft ........ United Airlines Trans United Corpn. ....
Corpn. United
61
261
91.
23
$3
29.
147
Freeport Bulphur...
25+
United Gas Corpn. 31
Gen. América Trans 374
371
221⚫
341
271
281
16
17.*
OD
$2.10
$5 $2.60
51
+++
5.
pm
3106 $102
Wallace Harper
160
B.K. Wing On
152
ww
S'hai Dor
Ton
361
Vibro Piling
(HK)
+4
10/0 Maramans Inv. (Lon.)
76 cta Wm. Powell
*Sales to Shanghai
EXCHANGE RATES
LONDON
(British Wireless Service)
Paris Geneva
Berlin
Athens
Milan
Copenhagen
Stockholm
Prague
Helsingfors
May 19
May 21
177-39764 21.73 12.36)
177-30/84
21.741 12.361
011
941
4.98-5/16 8.977
་
Shanghai
11d
New York
4.06-5/8
Amsterdam
8.97-13/18
Vienna
142-0/16
1421
2201
Hong Kong
Bombay
Montreal
1/5-20/32 5.01
29,50
5.001 29.50
Sellers
Brussels. Tokohami
Buenosaires
Monte Video
Rio
ailver (Forward)
Silver (Spot)
War Loan
ON LONDON:-
18-7/16 18-11/16 34% 101-3/16.
Closing Quotations
Mar 21, 1838.
Telegraphic Transfer... 11/2
Bank Bills, on demand 18/16
ON NEW YORK;-
*181
181
Bank Bills, on demand 30g Credits, 60 days' sight 65-5/16 ON BATAVIA:-
65-5/10
Credita, 4 months' night 1/3-1/16 | ON PARIS
ON SHANGRAT
On demand
ON SINGAPORE:------
On demand
MARKET "
Featureless.
STERLING There were sellers at 1/2 7/8 May July and, 1/2 27/32 August | September, buyers at 1/2 15/18 Cash/May, "1/2 29/32 June/July, and 1/2 7/8 August/September.
U.S. DOLLARS
The market closed with sellers at 30 13/16 May/June and 30. 3/4 July/August, buyers at 30 7/8 May June and 30 13/18 July/August,
SHANGHAI DOLLARS
Continental Đầu Continental On
Corn. Products Curtiss Wright (C) Cartiss Wright "A" Delaware & Hüdaón Del. Lackawanna &
Western
Deere Co.
Distillers Corpa. Sea-
grums
Douglas Aircraft Du Pont
FASTER AIR
$5 pl...
-Elec. Bond & Share
$8 pr..........................
Elec. Power & Light
ST PL
MAIL DELIVERY Fintkate
Speed Boats To Be Used
It is reliably learned that the delay regarding air mail deliveries in Hong Kong, based on the lapse of time between the arrival of the mall-carrying plane in the Colony and delivery st local in the offices, may be remedied near future.
The proposal now under con- sideration envisages the provision of a fast launch which will be on 'hand at Kal Tack awaiting the arrival of the 'Imperial Airways, Cilpper, or whatever machine It may be, pick up the malls and speed for Blake Pler within a few minutes of arrival.
The launch, it is understood. will be capable of 25 to 30 knots. itting the mood, that the trouble involved in bringing malls to Hong Kong from London or San Francisco to Hong Kong in five or six days justines action at this erd.
Gen. Cigar............ Gen. Electric Gen. Foods
Gen. MotorS
ཙཀྰཏྟཾäནྡྷཊྚག╗ཐཱབྷནཀྰནཱཙྩཨྰཿཨཱཨྰཿ ཙ iནམྦཊྚཊྛཱཙྩབྷཱ-འ ་ྒུརྫྙྰཆརྒྱུུབྷཱaནཾ ཆོཊྛཱ aཀྱྰཚ ¥ Zཎྜ aཀྰཚོaxsaཀྰ¢ |uཀྰནཱཙ
Gen. Railway Signal 157 Glidden Co.
Bugar
Godchaux
Class "" Goodrich (B.F.) ...... Goodrich $5 pf........... Goodyear Tire & Co. 174 Great Northern Rly. "151 Great Western Sugar Greyhound Hecker Products
21
eum. pi
Un. Gas Iprovem't '101
Un. Light & power
US. In'trial Alcohol 177 US. Rubber...... UB. Rubber pf. U.S. 'Smelting US. Steel....... Vanadium...RECORDAN Warner Bros. Pict... Westinghouse Mec. 76 Woodward Iron Cor. 12 Youngstown Sheet
28+
651
551
441
15.
47
124
41
17+
15
& Tube
301
261
Chase National Bk. 291
Corpn.
81
National City Bank 231*
81.
B
Call Money
1%
1 ex. div.
* bid.
H.K. REVENUE BUOYANT
March Figures Satisfactory
Head Office:-HONG KONG
Na 10, Des Voeux Road, Central.
Board of Directors:mi Sir Sponson Chow, Chairman Li Koan Chun. Esq. Li Lag ang. Faq Wong Chuson, Esq. Wong YunTong, Esq. Kan Ting P. Aq Chan Ching Shek, Fung Ping Wah, Esq.
Reg
P. K. Kwok, Feq.
.
Kan Tong P. Esq., Chief Manager. Li Tan Fong E-q., Manager.
Branches and Agencies:-
Kawtoon Penang Saurabay Напкост
Афот
Baterie
Robay
Qentia
Cant.n
Halph F
Bankow
Ernetulu
Kaly
London
Bafron Melbourne Bao Tran Magrank!
100
Jae York. Sanctie Deck
Parks
Pelping
Bemarwar
Sydony
walow
Talhake
Tlantelo
Sakro- Удпростяг
Bhangħal Tokohama
Lagapor
Every description of Banking
HEAD OFFICE:
ta, Pisz STREET,
NEW YORK.
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 CHASS - NATIONAL ВАЛЕ, NEW YORK, with Resouróny brat 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
BANK
PAID-UP CAPITAL...$40,000,000.00 (BRANCHES ALL OVER CHINA)". 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 Ufce: SHANGHAI
Hongkong Branch:
4. QUEEN'S ROAD, C.
South China Offices:
and Exchange business transacted. CANTON
Losné
securities.
granted on approved SWATOW
Current Accounts opened in Local SHIUCHOW
KONGMOON TCISHAN KINGCHOW
Currency and Fixed Deposits re We also handle the issue of Bond. ceived for one year or shorter and other Public Funds of the periods in Local and Foreign Cur- Chinese Government both at Home
terms which will bel
And Abroad.
SHOU J. CHEN
Manager.
KAN TONG PO,
rencies on
quoted on application.
Safe Deposit Boxes To Let
Chief Manager.
PHILIPPINE
MINING NEWS
SWATOW CHINESE IN FIGHT
Swatow Chinese
Ten
were
SURIGAO CONSOLIDATED an-brought before Mr. R. Edwards at nounces that its production for the Central Court on Saturday charged month of April was P37,523. with disorderly conduct by Aghting MINERAL RESOURCES reported in Connaught. Road Cental, near. that 2,629 tons of ore were milled the Douglas Wharf, the same period was $7,950,302,during the month of April from; compared with $7,421,618 in the which P25,780.28 was recovered.
TWIN first quarter of 1937.
Principal Increases in revenue in Hong Kong's revenue is sul March were Licences and Internal buoyant, and if it maintains its Revenue, the Post Office and the present level for the rest of the Kowloon-Canton Railway, year an anticipated deficit of Heavy increases in expenditure $3.125,000 will dimost certainly be were shown by the Harbour De- come a substantial surplus.
partment, which expended $120.908 Revenue for March totalled in March this year compared with $2,424,681, against $2.287,000 for $63,955 in the corresponding month the corresponding period last year. last year; the Medical Department Expenditure in March was $2,429, which expended $221,951 compared 380,"compared with, $2,044,511 In with $167,549 and the Police De the corresponding period last year, partment, which expended $307,538 The actual revenue for the first compared with $253 838
The Colony's credit balance on three months of the year now totals $8,851,251, which is $1,449,579 March 31 was $14,008,227, the Parts Sterling, 177.57 to 177.62.- more than was collected in the first highest it has been for several (Transoceah).
quarter of 1937. Expenditure in years.
REICHSMARK QUOTATIONS
Berlin, May 21.
Was The Reichsmark quoted, without guarantee, at:-
On demandTM
125
Bank Bills, on demand 1,086 Oredita, 4 monthư sight 1,170 ON SAIGON:-
On dethandgunu
1071
ON MANILA-
New York, 40.175,
BIĮ
Paris, 1,436,
150)
Amsterdam, 72.58.
Sovereign Notes
Bank Buying Rate
1/2
'ON JAPAN:-"
On demand............ 1051
ON INDIA:
Telegraphic Transter.
Bank op durianð
On demand
ON BANGKOK:-
On demand
London, 12:386,
Det,-Sergeant D. Davica said.. RIVER Placer Mining that a free-for-all night, started Company has reported that the when a party of coolies from Kow- April production is valued at Paslon tried to get an assignment on 476.20 instead of P38,130.05 as there which the island coolles were en-
gaged. was a mistake in the computation
Iron roda, hamboos, and iron of results,
GOLCONDATM MINING Company, tubing of about five feet in length In. has received Information from were brought into court. They its field manager at Burgos, Hocos were picked up at the scene after Norte, stating that a new lens of the the night, chromite which promises to be Six of the men were sentenced to larger than any previously dis- covered in the mines has been re- three months hard labour and ported opened on the silverking) were recommended for banishment. claim in Eurgos
Each of these had a previous con- It is reported that approximately viction Three were fined $20 or 1.000 tons of chromite have already one month's hard labour and one been removed from this claim by was found not galty and dis- the laborers."
bocharged