$1500 £91
PAGE 12-HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock
Baller
Exchange
BaNow TUESDAY.
MAY 24.
Banke
H.K. Banke
Sharebrokers'
Association
Bo. (London) ...
Seller
Bayr
W pomožne 4
H. K. STOCK
EXCHANGE
FINANCE
NEW YORK STOCK EXCHANGE
th
¿Through Router's Service)
YESTERDAY'S
OFFICIAL
QUOTATIONS
QUOTATIONS
Now York: May 23.
i.
$1,800
290
Elt
Chartered Banke
238
Mercantile Bas. "A"
Da
214
190
Bank of East dals ...
100
With the exception of business in Providents reported
(Old), Cements and Kowloon Whatyes, other changes noted during the day were on a better level than the opening quotations.
N. O.. 8. Bank.
$2:7
150
Canton este 1J04,
$618
Union InsurwuONE
3518
Underwriter
12
1.K. Pirms
1933
BUYERS
Shipping
18:
Douglass *
$80
E231
Steambo
599+
340
Indo-Chinas (pro£)
51
121
Do,
(def.)
$24
The release of the peg in the Manila rates has not so far led to any steadying of that which remains listless.
H.K. Bank, $1800.
H.K. Bank (Lon), £01. Union Insurance, $518. Providents (Old), 14
market
Now York Cotton-July. New York Rubber-July. Chicago Whost July. Chicago Corn -July. Winnipeg Wheat-July.
Last Today's High Low Close Close 8,58
8.48 8.53 8,31 11.17 11.13 11.81 b 11.17
761
69 081 104
Change
.01 off
.04 off
<762 75
1f aff
bei
1/2 of
101 1040 101
3 oft
Head Offles-HONG KONG
HA
High
Low Dow Jones Ávszeget
May 19 High Low Close
Chang
Board of Directors.
T. E. Pearce, Esq.,
134.93 05.05 30 Industriala
119.23
1147 119,88 113.97
.7% ap
33.77 19.00 to Rails
21.75
31.80 1.66 91.81
98.20 16.14 Utili
19.04
18.17 18.8 18.08
93.70 83.39 40 Bonds
$6.99
14.08.17.18 11 Commodity Index 47.28 -
.06 ap .00 op 86.94" .08 of 48.83.43 0
Hon. Mr. J. J. Paterson,
Business Done;-330,000 shares.
Chairman.
Deputy Chairman. AMBITSAR J. K. Bousfield, Esq., A. H. Compton, Esq.,
81/10
Shella
81/10
Venz, Goldfeld, $2.60.
********4 ***ཎ*མཐ
STOCKS
Last Sale
STOCKS
#5.90
Watorion
$4.90
H. and 8" Hotela, $83,
May 21 23
41
Mining
14,8 -9.9)
Kailans - L Rauba
$14/8
H.K. Lands, 4% debentures. $101. Adams Expresą
ין
a
84
81
Humble Oll
H.R. Realties, $5.80.
19.80
Alleghany Steel Co. 14)
141
Int. Nickel
$9.80
3137
Venezuela Gout Plu...]
fet Hongkong Mines....
Docks. WhaEVIę,
Godowns, eta.
H.K. & E, Witectes.
Peak Trams (Old), $7.
Marsmans H.K. 3/10
$137)
Macao Electrics. $171. Constructions, $14.
SELLERS
Allis Chalmera ....... Amer. Can
411
42
Int. Tel Tel......
85+
851
Int. Dept. Stores
Amer. Cyaapid "B"
17
177
Kennecott Copper...
Amer. & For. Pover
31
31
Lambert Corpn. ......
Amer, & For. $7 pf.
181
171
Libbez-Owens- Furd
$3.8
Providents (old)...
3.65
jox.ria, it
Do (new) H., W. Docka
$3,55 $3.45 3.40/45"
1101
Do. (now) Da.
1812 121
H.K. Docks. (Rights). $10.
SALES
Amer. Locomotiva ...
157
153
Class
Amer. Metals
281
284
Lockheed Aircraft
(ra)
Sion Shangai Dooku. Se
#405 New Engine vina S.
| Lands," Hotels, kad : Bui.dioas
$109 1108 H
B4)
a 70/77
H.K. Habely ......
38,70
137
N.K. Lands..maar suða
Do, 4% Dabentur Mas
$381 $109
19
Shanghai Laude...S.
Metropolitau Launcher..
H., Realtes......... $5,65
35.56
$580
89.15 Humphroys
38.80
Union Insurance, $520. Kowloon. Wharves; $137. Providents (Old), $31/55. H. and B. Hotels. $8:85. H.K. Realties, $5.65/60.
H.K. Tramways. $16.80/85, H.K. Electrics, $501. Canton Içes, $17.15.
Marsmans HR. 3/10
Antamoks Ps., .43
Bagulo Gold, 21
Amer: Radiator .....
101
101
Loew's inc.
Amer. Rolling Mill...
151
151
Lorillard
Amer. Smelting...... 342
341
Amer. Sugar Hing ..... „. 22}* Amer. Tel & Teh ... 1294 Amer. Tobacco "B" 70 *
221
1293
701*
Amer. Waterworks ........
91
(Prices below in Phil. Currency)
Anaconda Copper ... Atchison, T. & §. Fe. 251
25]
25)
231
Atlas Corpn.
61
81*
Auburn Motors ..!!..
3+
31:
Baltimore & Ohio ...
51
5
1100
Chinose betalen......
Benguet Consol., 9.30
Colton Mill
B'more & Ohio Pfd.
61
6
Nat. Power & Light 7
$13.40) Ewon
$13,30
Coco Grove, .50
Barber & Co......... 151
151
Nat. Supply Corpa. 151-
178
S'ha Obiton
$78
Consolidated Mines, .004
Barnsdal Ol.........
124
121
New York Central..... “Iff
Zooup Sings...
$24
1.X.L., .52
Bethlehem Steel
444
451
Niagara Hudson P
845
Wing On Textiler(9)
$18
San Mauricio, 45)
Boeing Airplane Co. 234
23
Corpn.
71
Ewo Cotton Rts. 8.
Suyoc Consol., .16
Borden Co.
151
157
N. America Aviation
81
Pablle Ottom
$102
Tramways
$17
Pork Trams (old)......
Do
· (now)...
**di
Star Ferner *****
Yati Ferriès OB.3
Do.
188
THE EXCHANGE Briggs Mfacturing.
MARKET
Borg-Warner ...................... 181
191
North America Co.
197
17
161
Northern Pacile
71
Brooklyn-Manhattan
Trans.
8** 31*
Brooklyn-Manhattan
ria. #
$8 cum. pt.
26 * 25
$17.55
China Lighta (old)...
$11.70
Case, J.I.
741
75+
*9.20
Do, (c)
38)
Do
Rt
$0
d.K. Electroni
360
Macao do
3141
Sawiakan Lights ...
$25
Telephones (old)
187)
10.90
Do
for
(new)
91.5
Iructions
226
36
pre£}
$142
Cald, Marg. (OrL)S]
:
$194
T'a iPreS
$1,20
Camion Ioa
si vo
217
Comente
***
: :
$91
6.p
350
310
3/10
$4.70 Hopes
$241 | Dairy Farma.
1300 Ch. Etainments.............
Constructions, (old) 1
Do.
Lane Crawfords... --
Nanyang Tobacco...
$1.20 Bioceres............ $31
S. C. Enterprises....
744%, Uu.G.521920€.. Bd..
Do.
Govt. 4% Loans 311
Wallace Harper
H.K Wing On
gbu Dr.
Vibro Piling 10/9 Marumans Ir v; (Lon.). 170 eta Wa Bowelly
(HK)
*Sains to Shanghai
LONDON EXCHANGE
(British Wireless Service)
*
Miscellaneou
W15
The London-New York rate
125
:.
161
quoted at 495. New. York-London was quoted at the Consolidated Oil
MESSRS. ROZA BROS" Silver prices were unchanged yesterday, the quotations remain- ing at 18 3/4 for Ready and 18
ad- Chesapeake & Ohio 261 Forward, Silver 410.901/2
vices reported India as having Chrysler Corpn....... operated both ways. The Con-Columbia Gas & El. tinent sold. Purchases were made Columbia 6% “A” pt. for account of American Trade. Commercial Credit.. 312 The market was steady. Ameri- Commercial Solvents $17.55 can Silver, was quoted at 42 3/4 Commonwealth & 8. Commonwealth & S for Spot.
421 8% cum. pl.......... Consolidated Edison 237
Canadian Pacific
57
5
Pacific Gas & Elec Facine Lighting ...... Packard Mowrs Paramount Pictures Paramount lat. pl. Pennsylvania R.R...
26)
367** 301*
31
72
76
151
Celanese Corpn. ..... Cerro de Pasco Chesapeake Corpn.
123
121
Phillips Petroleum...
31
33
34
Public Service of NJ: 291
321
32
Pare Oil
81
26+
Radio Corpn. of An... 5)
411
421
61
67
B 681
Republic Steei Reynold Tobac. “B Schenley
13
301
16
3!
Schenley 54% pt.
67 *
7.
7
Bears Roebuck
541
14
11
Shell Union Oil
121*
Bocony-Vacuum
121
401
Cross-
Southern Cal Edison
21
24
Southern Pacific
114
8
81
Southern Rly (com)
71
same rate,
Continental Can.
391
39
Southern Aly "A"
111 11
L
[[NOW)
MARKET
Continental Of
241
247
Standard Brands
71
CD
19.10
Featureless.
Corn. Products......
631
- 83.
$5
340
Watsons
H.E.
7412 $106 $109
352
14.CO
.35
STERLING
There were sellers at 1/2 29/32 May-June and 1/2 7/8 July- August, buyers at 1/2 15/16 Cash- June and 1/2 29/32 August.
U.S. DOLLARS
Bellers at 30 3/4 May-June and
30 11/18 July-August, buyers at 30 13/16 May-June and 30 3/4 Au- gust.
SHANGHAI DOLLARS
Deere Co.
Curtiss Wright (C). 43 Cartiss Wright "A 19 Delaware & Hudson Dei. Lackawanna &
Western
44 191
91
51 51
.
161
161
Distillers Corpn. Ben-
Stand Gas & Elec. Stand"Gas & Elec.
Standard Oil of NJ. Sterling Products Studebaker Corpn. Swift International, Technicolor
31
194
461.
501 4
25+*
23
grams
12
13
Texas Corpn.
351
Douglas Aircraft
411 441
Texas Gulf Sulpher
301
Du Pont
901
991
Tidewater Assoc. Q1 11
Eagle Ficher Lend
04
毖
Transamerica (new)
91
هاء 110
Nominal.
SHANGHAI MARKET
Nominal.
Electric Boat
81
8
20th Cent. Fox. Films 22
Elec. Bond & Share,
72
7"
... do. Films.pf.
30 *
J
Elec. Bond & Share
Balón Carbide &
RATES
A
Paris
May 21 177-39764
Селета
Berlin
Athens
Milan
Copenhagen
Stockholm Shanghai
New York Amsterdam
Vienna Prague
21.744
12.362
941
Helsingfor
4.96-5,18 8.977
142
4.95-1/16 8.971.
1421
2261
Lisbon
Hong Kont
Bombay
Montreal
5.00
4.992
Brussels
29.50
29.431
Yokohama
May 23 178-11/18 21.74 12.36)
IN THE AFTERNOON
The market was dull in the Elec." Bond & Share afternoon.
"STERLING
The market closed with sellers at 1/2 29/33, May-June, possibly July and 1/2 7/8 August-Septem- ber, buyers at 1/2 15/16 Cash-July and 1/2 29/32 August-September.
U.S. DOLLARS
The market closed with sellers Gen. "Electric at 30 3/4 May-June and 30 11/18) Gen, Foods... July-August, buyers at 30 13/16 Gen. Motors May-June and 30 3/4 August.
POSITION OF RUBBER
Quota Should Be
Godchaux
Class *A* Goodrich (B.F.) Goodrich $5 pt. ...
$5 pt....
48
481*
657"
Carton ...
811*
Union Pacific
$6 på.........
514
501
United Aircraft
201
Elec Power & Light 101 Elec. Power & Light
$7 pf. Flintkate
1D1
+
United Airlines Trans United Corpn.
81
23
372
381
United Corpn.
$3...
147
15
eum. pt.
29
Freeport Sulphur "..... Gen. America Trans 371 Gen. Cigar
254
251
37
221*
22"
341
35
United Gas Corpn. Un. Gas 'provém't Un. Light & power US. In'trial' Alcohol
*31
10%
21
17
27+
27*
US. Rubber
287
29
Gen. Railway Signal 15
143
Glidden Co.
17 * -167
Sugar
US. Rubber pf. US. Smelting ....... U.B. Steel Vanadiumi
642
55
421
14% 14"
Warner Bros. Pict....
42.
Goodyear Tire & Co. 1 Great Northern Rs. 15 Great Western Sugar 261
12+ 124 41 39
.17}
Westinghouse Elec. 75+
Woodward Iron Cor. 121"
Youngstowni Sheet
151
& Tube
.201
Greyhound Corpn. -82"
Sellers
50 Percent Or Less Hecker Products ... 6)
Buenosaires
13.95.
Monte Video
London, May 24.
The Financial News days: "We
Rio
Ailver (Forward)
Silver (Spot)
War Loan
18+
187.
181 181
OF LONDON:-
34 101-3/16. · 34% 1007.
Closing Quotations
May 24, 1928.
Telegraphic Transfer... 11/
Bank Bills, on demand 13/16
Credits, 4 months sight 1,170
ON NEW YORK ---
►
Bank Bills, on demand 201 Credita, 60 days' sight 31
88-16
Bank Bills, on demand 1,000 Credits, a months' sight 1,178
have frequently pointed out the steadily deteriorating, position of the rubber producing industry and
emphasised the need for more ag- JAPAN'S FOREIGN TRADE DOWN
gressive action by the Internation
al Rubber Control. The present position shows, that our apprehen- sion was well-founded.
"Legitimate' doubt exists as to whether the American recovery of the last half year can be very spectacular,
Shanghal,” May 14
Japan's foreign trade during the first 10 days of May resulted in an unfavourable balance of Yeg 10,550,000, according to a Tokyo report.
Exports and imports for the period under review totaled Yen 88.,828,000 and Yen 78,178,000 respectively, both being smaller com- pared either with the preceding 10 days or the corresponding period of last year, as will be seen in the accompanying table:
Items
ON BATAVIA:--
On demand
ON PARIS:-
ON SHANGHAI:
On demand
126
ON SAIGON-
ON SINGAPORE: —
Og demjud
108
On demand
BOL
ON MANILA:-
DA JAPAN:
On demand
611
ON BANGKOK :—
On demand
108!
On demand
1501
"If our aim is reduced stocks, the quota for the remainder of the year 'qught to be 50 percent or lem. Bome observers proposed '40 percent but it is improbable that the Committee would reduce it below fity..........
May 1-10. 1938 Yen
May 1-10.
Apr. 21-30.
1937
Yen
1938 Yen
Exports
88,029,000
80,113,000
PW INDIA:-
Sovereign Nopem
Telegraphic Transfer...
Bank Buying, Rate.
Bank. no demand
BAN BV, nár či
181
**This would, reduce stocks" to some extent and pave the way to ultimate. prosperity."===(Reuter).
Imports
Import excess
79,178,000 60,000
67.228
0.024,000
optional)
RAUB OUTPUT
The Hong Kong Stock Exchange THE MERCANTILE BANK OF
INDIA, LIMITED.
--| Head Office:=15, Gracechurch Street.
· London, EC4 Output of the Mine. 4.919 tons. Anthorised Capital..
£5,000,000 800 Battery output, 1,647 ounces, bul-abcribed Capi
21,050,000 Full-up Capitál siy Hon. (1555 ounces no gold). Eerve Fazd and Bow, Tällings Plant, 838 ounces bul-
Hon (484 ounces pine gold). lion. (484 ounces age gold).
REICHSMAHK QUOTATIONS
(“Hong Kong Daily Presa” Specia))
Berlin, May 23. The Refchamark, was quoted, without guarantee, at:
New York, 40.100 Paris, 1438.
Amsterdam, 72.675.
London, 12.3575.
Paris Sterling, 1718,50 to 176-19. Parts US Dollar, 16.01.
Fransocean).
BANKERS: The Bank of England and Midland Bank, Ltd. BRANCHES:
Bangkok
1pol
Bombay
Calantis
Raady
Colombo
Deli-5, Galé
Kari
Ko Bhar Kuala Lipis
Madras
New York
REASON Shanghai
Bingpere
| Hoogkong / Ende Zätupne
Love Karla Kaply TorverRL.
HONGKONG BRANCH. Every detorts of Banking nod, Exchange
bursem
TRUSTIE "AND EXECUTORSHIP
UNDERTAKEN, -
CURRITE, 4000Prs owned by Local Our Penny, and FIXED DEPOSITS"modyed in locat Cuzykąć), ETERZING & U.S. DOLLARS on terma thak many ba soćertained on applicabids.
D. BENSON,
Manseer
20
BA
61
Chase National Bk. 29 * National City Bank Call Money
22*
1%
ཝཝཾཏྟཎྜ, ཨཊྛནྟི བྷཡྻཊྚདྷ, ཋཱཀྐོདྡོ སྶ, ཙཝནྡྷཊྛིཝེཊཊྚིདྷཊྛཐཱཝེནནཱཏྟཝ=པྤཡྻནཱཏྟིཀྑཊ་ྲངན ༠ཛོདྷཙྪཱནིཊྛིཾནྟེཀྑུཀྐ=སྨནྟི ཙོཝཏྟེནཝ ཐཱམཏྟནྟུབྷོཨྰཿཀྰརཱཙྪཱཝསོ, ཨོནྡྷནྡྷ
Hong Kong, 2nd May, 1936.
211*
BANK OF EAST ASIA, LIMITED.
McKesson & Robbins
303
103 104
271
91
391 16*
301
$3 pi. marzi Martin, Glen L... 23 Monsanto Chemical 741 Montgomery Ward 301 Nat. Bend Invest-
ment......
13
Nat. Cash Register 171 Nat Dairy Products 131
Nat. Distillers ......... 197
Amoy Bangkok Batavia Hombay Calcutta
Canton
Chefoo Colombo
Kobe
San
Kowloon "Kuala
Francisco Lumpur Shanghai London Singapore Lyons Sourabaya.
Sungei
Patani Swatow.
Dairen Malacca Foochow Manila Haiphong Maar Hamburg (Johore) Tientain Hankow Muldan
Tokyo Harbin New York Tsingtao
Yokohama Hongkow Peiping Iloilo
Current
Accounts opened Local Currency and Fixed Deposits received for one year or shorter periods in Local and other 'Cur- rencles on terms which" will be quoted on application,
Also up to date Safe Deposit 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- Rules may be "ob- tained on application.
PORATION.
For the Howa Köng & ShanGHAI BANKING CORPORATION.
D. C. Edmondston
Acting Chief Manager.
MEDAN
NEW YORK THINOTÃO PRIFING YOKOHAMA
(Peking) ZAMBOANGA PENANO
HONG TUNG KHI GOON
FORION 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 applica tion.
The
Bank's Head Of in London undertakes Executor sad Trustee business, and claims "re- covery of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches...
B. W. ROBERTS,
Manager.
|
THE CHASE BANK
16, QUEEN'S ROAD CENTRAL
HEAD OFFICE:
18, PINE STREET,
NEW YORK.
An American Bank offering cor- plete Foreign Banking Service in the principal Markets of the world. Interest Rates on Application.
BAFE DEPOSIT BOXES
This Bank is entirely owned by THE CHAST NATIONAL BANK. Niw Yorz, with Resources neer U.B. $2,800,000,000.
D. M. BIGGAR,
Mannger.
Last Sale May 21 23
63 621
442
WEDNESDAY, MAY 25, 1938.
BANKS
HONG KONG AND SHANGHAITHE CHARTERED BANK OF INDIA
BANKING" CORPORATION
Authorised Capital ..............$50,000,000 Issued & Fully Paid-Up #20,000,000 Reserve Funds:--
Sterling...............
£8,500,000)
H.E. Currency Resorve $10,000,000 Besorve Liability of
Proprietors
Hon. Mr. S. H. Dodwell,
M. T. Johqson, Esq.,'
J. R. Masson, Esq.,
G. Miskin, Esq.,
E. S. Morrison, Esq.,
Hon. Mr. A. L. Shields, D. C. Edmondston, Esq.,
AUSTRALIA AND CHINA Incorporated by Rayab Charler 1835
BEAD OFFICE: LONDON: 38. Bishopsgate ELC:2
Paid-up Capital Reserva Fund Reserve Liability of Pro pristors
........23.000.000 £1.000.000
$3.600.009
MANCHESTER BRANCH: 11. Mosley Street, Manchester.
AGENCIES AND BRANCHES: ALOR STAR ILOILO
IPOR 1
BANGKOK RÙM VỪA
BC MEAT CALCUTTA
KABACHI XIANG XOM KUALA
SAIGON
REMARANO
SEREMBANG
**MANORAI
SINGAPUER
SITIAWAN
CANTON
CAWNFORE
LUMPUR XUCHING
BOURABAYA
TAIPING
CEBU
"MADRAS
TIENTSIN
COLOMBO DALHI HAIPHONG
MANILA
TOKOKAB
(Bhuket)
Acting Chief Manager, KAMBORG
HANKOW
Branches:
HARBIN
Ipoh Jobore
Penang
Saigon
Rangoon
$50,000,000
b
Reserve and Undivided
Profits
Authorised Capital $10.000,000.00 Paid-up Capital ......... 5,598,800,00
2,770,726,70
Head Office-HONG KONG
Li Koon Chun
F.
Na 19, Des Voeux Road, Central.
Board of Directors!—- Sir houson Chow, Chairman
Li Lan Fang, Esq. Kwok RT WongChuSoil, Esq
Wong Yun Tong,Esq. Kan Ying Pu, Esq Chan Ching Shek. Fung Ping Wah,
Esq
Amy
Kowloss Landes
Fond fax:
Broly
Main
Ямбре
Oxiconta
Muihonrar, San Fran
Tathok
CAM
A
Halph g
#notala
Knih
New York
Part Psiplay
Tabya
Shanehal Binzspor
Yel-huma
and Exchange business transacted
Loans granted оп
securities.
261: 26
Every description of Banking
Approved CANTON [SWATOW
651
51
Current Accounts opened in Local SHTUCHOW Currency and Fixed Deposits re
Kan Tong Yo, Esq., Chist Manager. Li Tse Fong, Esq., Manager.
Branches and Arencies ;---
Bourabaya
Swatem bydory
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 Offre
SHANGHAI Hoagkang Branch:
4. QUEEN'S BOAD, C.
South China Offices:
KONGMOON TOISHAN KINGOHOW
rencies a
qunted on application...
Safe Deposit Boxes To Let.'
ceived for one year or shorter 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 and Abroad.
KAN TONG PO
Chief Manager
SHOU JOHEN
Manager.
tez. Afr.
has received the following cable
from the Raub Australian Gold Mining Co.:-