210
H.K. Fires...
PAGE 12-HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock
Exchange
॥ Bellera
FINANCE
SHARE MARKET NEW YORK STOCK EXCHANGE.
REVIEW
Buyers Hold Back
Sharebrokers' Association
#
Woma
SATURDAY,
JUNE 4.
Mayore
$1,475 $1,495
Els
1470
£87 212
£14
$90
A TASUTA DIODE
Bee 7
Banka
H.K. Banka
Bo. (London) .... Chartered Banks... Mercantile Bks. "A"
Do.
Bank of East Asia....
N. 0. & 3. Barkı ...
Chaton Luates in
Union InsursuUSE DES
Underwritór
Shipping
128
BY C. A. L. RICHETT Member-Secretary Hong Kong Sharebrokers' Assn. The market has been very quiet during the week under review. Buyers have been inclined to hold back in anticipation of an easing
(Through Renter's Servios)
QUOTATIONS
New York! June 4..
Last
New York Cotton--July, New York Hubber-Juty. Chicago Wheat Jaly. Chicago Cora
High Low Clos 8.11
Today' Clone
Changu
8.05 8.03 8.06
.03 up
11.17 bolosed
72
701
70)
713:0
I up
July.
371
but
671
Winnipeg Whoat-July.
104
1038
109
103)
1/3 up
1938
High Low Dow Jonom Averages
June 3
High Low Close Ubang
134.96 98.98 30 Industrials
109,71
11.30 110,04 111.81
1.11 up
$8.77. 18.00 20 Rail
20.91
20.63 $0.49 10,57
80-up
98.20 16.34 90 Utilitios
18.46
18.89
13.54 18.77
92.70 83.39 40 Bonds
$5,83
85,93
Ji up 11 up
54.82 45.03 11 Commodity Index 43.66
unquoted
or in prices, which in some in-
'87
Douglasen
:
***
Sopambwba
EU
Indo-Ukioss (pref.)
21
Do.
(def.)
Sort
Shell.....................
6,00
Waterboa.In
Mining
14/5
Kallang ...
79.90
Rauba.ETTARE VAR
Venezuela Gold Fids.
$3
1 Hongkong Mine...
Godowna, ets.
Docks, WharTON,
H.K. & K. Why arena.
$134
01.34
$3.40 $3.30
$2,45
Providents Lukk
96,8C
36.90
Do. (now)
18 70
ex.rts, $19
it.K. & W. Docks
#184
$10
Da.
(new)
Do.
(rts.)
$108
Shangasi Docks 3.
14.05 New Engineerinus 8.
Land
Hotels, and
Buildings
H.K. Hotels...$3.65
$6.67 967
$36
H.K Lands.
$8.75 $36
Do. 4% Debentures $101
$101
#9
Shanghai Lande...S..
#35
H.K. Healties.........
$5.66
£14
191
น
1950 8018 $2
$130
$73
starices, have given way slightly. On the other hand sellers display a reluctance to part with shares at listed prices. Business has, there- fore, been on a very restricted scale' with only a small turnover,"
In view of the active market, ex- $89+ perienced during March and Apri $61
the dullness during the last few 124
weeks can be looked upon as a very 80/10 3.80 natural reaction. And in spite of
being
again once $14/8 shadowed by the threat of Invasion in South China there has been no pressure to sell and the undertone has remained steady Indicating a healthy condition of the market.
Providents (o), converted shares changed hands at $6.00 and at the close of business had buyers at $6.80. There was a demand for Trams at $10 and Hotels WHO wanted at $6.65. Lands were done at $36 and further shares could be obtained at this price. Electrics were done at $60 but later could be obtained at $591. "Telephones (0) eased off from $274 and would be obtained at $27. Cements had buyers at $16) and sellers at $183. Market closed quiet.
ין
1.08 14
a
Amer. Sugar R'log... 2131 Amer. Tel. & Tel.... 1281 Amer. Tobacco "B" 671* Amer. Waterworks... Anaconda Copper: Atchison. T. & 8. Fe. Atlas Corp.
Business Dono:—310,000 shares.
A. H. Compton, Esq.
STOCKS
Last Sale
STOCKS
Last Sale
Hon. Mr. H. Dodwell,
June 8 4
June
$
M. T. Johnson, Esq.,
Adams Express over-Alleghany Steel Co. 12j*
Allis Chalmers Amer. Can
T
7}
Humble Oll
581
13
Int. Nicke?
413
422
G. Miskin, Esq.,
391
401
Int. Tel & Tel
81*
Bi
K. 8. Morrison, Esq.,
BO
85
Int. Dept. Stores...
སྐ ་
Amer: Cynamid "B"
17
17
Kennecott Copper
271
281
Amer. & For. Power Amer, & For. $7 p. 161* Amer. Locomotive... Amer. Metals Amer. Radiator
31
.31
Lambert Corpn.......
Hon. Mr. A. L. Shields, D. C. Edmondaton, Esq.,
Acting Chief Manager.
"MONDAY, JUNE 6,
BANKS
1938.
HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION
Authorised Capital...$50,000,000 Issued & Fully Paid-Up $20,000,000| Reserve Fundi:
AUSTRALIA AND CHINA
incorporatat by Royal Charter. 1853"
READ OFFICE; LONDON:
*
Sterling
..£6,500,000
'38, Bishopsgata E.0.2.
H.K. Currency Reserve $10,000,000 Paid-up Capital.... Reserve Liability of
Reserve Fund $20,000,000 Retrie Liability of Pro- Proprietors
Head Office:-HONG KONG
Board of Directors. T. E. Pearce, Esq.,
Chairman,
Hon. Mr. J. J. Paterson,
$3.000.000 ................ £3.000.010
83.000.00
MANCHESTER BRANCH: 71, Mosley Street, Manchester.
AGENCIES AND BRANCHES- ALOR STAR BONG KONG PINANG ILOLLO IPOR
Deputy Chairman AMRITSAR
J. K. Bausfeld, Esq.,
J. R. Masson, Esq.,
· ΕΑΝΟΣΟΣ
BATAVIA
BOMBAY
CALCUTTA CANTON
KARACHI
RANGOON
BAIGON
SEXİMBAN
'. KLANG "
BHANGHAI
XOR
SINGAPORE
XUALL
SITIAWAN
CAWNPOREA LUMPUR
SOURABAYA TAIPINO TIESTAIN TONGKAH
"(Bhuket)
Скас
COLOMBO
KUCHING
HADRAS
MANILA
101
102
16*
Libbey-Owens- Ford
Branches:-
144
141
Ging's
26
251
KAIPHONG
JAMBURG HANKOW MARBIN
MEDAN
NEW YORK
THINGTAO
204
271
Lockheed Aircraft
9+
10
Amoy
Ipoh
Bangkok
Johore
Penang" Rangoon
10
101
Loew's Inc.
401
414
Batavia Kobe
Saigon
Amer. Rolling Mil. 141 Amer. Smelting... 02
14
Lorillard
151
16
Bombay
Kowloon
Sகர
333
McKesson & Robbins
Calcutta
Kuala
221
43 pr.
281*
281-
Canton
Lumpur Shanghai
1291
Martin, Glen L
22
221
Chefoo
London
Singapore
68
Monsanto' Chemical 71
723
Colombo
Lyons
Sourabaya
BL
81
Montgomery Ward 291
304
Dairea
Malacca
Sungei
Foochow Manila
Patani
22
234
Nat Bond Invest-
Haiphong Must
Swatow,
261
201
ment
111*
113*
Hamburg (Johore) Tientsin
61*
**
Nat Cash Register 161
17
$9.15 Humphreys SHI
Chiness EstA DA
Colton Mill
$13.10 Ewün.....
$13
XD $75
Gold Mining stocks fall to at- tract and prices remain, more, or less unchanged with an easier ten. dency.
Auburn Motors ...... Baltimore & Ohio.... B'more & Ohio Ptd."
2}
31*
.
Nat. Dairy Products 13).
13+
51*
51
Nat. Distillers
181
67
B**
Nat Power & Light
61
Hankow Harbin Hongkow Peiping 191
Iloilo
Mukderr Tokyo New York Tsingtao
Yokohama
Barber & Co.
141
143
Nat. Supply Corpn.
14}
15:1
Current
Accounts
Barnsdall Oil
121
12t
New York Central
111
117
opened
YEIPINO
YOKUHAMA
(Peking) ZAMBOANGA
FOREIGN EXONANOR and General Banking Business, transected.
CURRENT Accounts opened and Francisco FIXED DEPOSITS received. for One Year or shorter periods at rates which will be quoted on applica. tion.
of
The Hank's Head Office j21 London undertakes Executor and Trustee business, and claims re covery
British Income Tax terms which may be ascertained at any of the Agencies and Branches."
overpaid, on
D. J. GILMORE,
Acting Manager.
27
Bethlehem Steel .....
421
437
Niagara Hudson P
Shai Cottons ..............
Lyng Sings 5.
#$4
$42
Wion Un Textiln{S.}
$49
A quiet market is reported from Boeing Airplane Co. 221 Manila at the close.
232
Corpn.
7
Publik Ctilities
Borden Co. ............ Borg-Warner
151
157
N. America Aviation
87.
31
171
182
North America Co.
18)
19
118)
118) $7
16.75/8
13}
Poak Tema (old)....
Ва (now)...
UD
UD
$3
586
$861 3:22 $21.80
Star Ferries h
Y'a Forries CB.3
$231
Do.
(auw)
$11
$171
ex rat capital #9)
China Lights (old)...)
Do. (new)...
H.K. Electric Macao do.
Sandakan Lights...
Telephones (old) ...
$10.00
$8.30
Do.
Rts
1591
***
1271
:
open
· $5,80
$6,60
3243
::
#14
(DOW
8.70
Lane Crawfords...
$1.20
Canton less
$17.10 Comente
$4.70
Consolidated
China Prov. (old)
(new)
Miscellaneous
Dairy Farm......
18.10 Ch. É'ainments...... 181
Constructions, (ald}}
Do.
Nanyang Toucco.
Sinceres
Warsona
69. Cụ G.0% 13204, Bis
61*/pa
12/pin 150
H..
Fort.
4% Loans
Da 3%
EK Wing On
S'hai, Da
Vibro Piling
11 Marumans Ir v. (Lon.)
$30
Do
(new)..
43 6
fractions
23/0
Do prof.)
Andustrimla
$142
Call Macy. (Ord.)8
SIRA
Prut)S
$1.50
$1.80
16 60
310 256
P
A
i
15/16.
Quiet.
$9.4
!
$9,30
MARKET
70% 3108
$209
563
B60.
*Sales to Shanghai
LONDON EXCHANGE
(British Wireless Service)
June 1
Paria Geneva
Berlin
Athens
Milan
Copenhagen
Stockholm Shanghai
$3/10
(H.K.)
7 C
Wm. Powells
70 cta.
RATES
178-11/32 21.72
12.32
June 2 178-11/32 21.72 12.32
94
94
SHANGHAI MARKET
102
103d.
New York
4.94-7/16
4.941
Amsterdam
18.981
8.96
Providents (Old), $3.40.
Providents (New), $3.30.
Vienna
1421
Prague onl
1421
Venz. Golddeld, $3.'
H. and S. Hotels, $6.67).
Helsingfors
Lisbon
Hong Kong
Bombay
THE EXCHANGE Brooklyn-Manhattan
MARKET
MESSES. ROZĄ BROS.
Silver prices rose 1/8 yesterday for both deliveries, the quotations being 19 1/16 for Ready and 18 3/4 for Forward. Silver advices report ed some bear covering Sellers were scarce: The market was steady. American Silver was quot. ed at 42 3/4 for Spot.
$8 eur. pf.......... Case, J.I. Canadian Pacifc.... 51
117* Celanese Corpn. Cerro de Pasco..... Chesapeake Corpn.... 271* Chesapeake & Ohio 231 400 Chrysler Corpn. ...... Columbia Gas & E. Columbia 6% "A" pf. 821 Commercial Credit.. 30 Commercial Solvents Bi Commonwealth & 8 Commonwealth & S
57 61
621 Schepley
The London-New York cross- rate "was quoted at, 494.82. New York-London
6% cum pís 384 was quoted at 494.
Consolidated Edison 231 231
81 Consolidated Ol
STERLING There were sellers at 1/2 15/16 June-July and 1/2 29/32 August- September, buyers at 1/2 31/32 Cash-July and 1/2 15/18 Beptem- ber, possibly August.
US DOLLARS There were sellers at 30 13/16 June and 30 3/4 July-August, buy. ers at 30 7/8 Cash and 30 13/16 August-September.
SHANGHAI DOLLARS
Nominal.
Nominal.
H. K. STOCK EXCHANGE
SATURDAY'S
OFFICIAL
QUOTATIONS
Prices are unchai ged but there are enquiries at ruling rates.
BUYERS
Continental Can Continental On Corn. Products Curtiss Wright (C.) Cortiss Wright "A" Delaware & Hudson Del. Lackawanna &
Westerni Deere Co. Distillers Corpn. Bea-
grams ....
Elec, Bond & Share
$5 pr. Elec. Bond & Share
$6 pr. Elec Power & Light. 98 Elec. Power & Light
Fintrote
Freeport Sulphur...
Eriggs M'facturing... 16
- 181
Northern Pacifc
7
a
Pacific Gas & Elec
2641
28
Trans.
9
Pacific Lighting
362
35+
Brooklyn-Manhattan
Packard Motors...
34
31
Also up to date Safe Deposit Boxes in various sizes To Let.
Hong Kong, 2nd May, 1938.
'241
231*
731
75
133
29
231
412
301
39
37 371
25
26
621
62)
101 87
154
151
131 131
Douglas Aircraft" Du Pont
43
441
931
Eagle Picher Lead Electric Boat
B
.7
Elec. Bond & Share
61.
441*
503
50
$7 pf.........
351
131 141
243
25
Gen. America Trans 38* Gen. Cigar
22 + 221
Gen. Mectric ......... 324
331
Gen. Foods
Gen. MotorS
171
Gen. Railway Signal 137*
Glidden Co.
161
Godchaux"
Class ""A"! Goodrich (B.F)
H.K, Lands 4 per cent. Deb., $101 Goodrich $5 pl.
H.K. Tramways. $181
1/5-13/16 4.99% 29.231
Peak Trams (Old), $T.
4.99-13/16 29.24
Macao Electris, $172.
19.014 201
"
20
184
18-15/16
HK Banka, $1470.
34% 102-1/16.
Goodyear Tira & Co. 171
Great Northern Riv. 142 Great Western Bugar 25 * Greyhound Corpn. 81 Hecker Products
Montreal
Brussels Yokohama
Sellers
Buenosaires
Monte Video
Rio......
ailver (Forward)
Silver (Spot) War Loan
ÜN LONDON':—
181
18-15/16 34% 101-13/18
Closing Quotations
June 4, 138.
Telegraphic Transfer... 11/1. Bank Bills, on demand) 97,3% Credits, 4 months' eight 1/3-2/39
ON BUANGHAI:
On demand
ON SINGAPORE:
ON NEW YORK : -
Bank Bills, on demand 20-9/1# Credits, 60 days" zight" 21-1/18 ON BATAVIA:-
On demand
ON PARIS
Marsmans (HK.), 3/16.
Consol. China Prov. (Old), $8.80.
Consol. China Prov. (New), $8.80.
SELLERS
HK. and K. Wharves. $134.
H. and B. Hotels, $51.
SALES
Providents (Old), $3.45.
HX. Tramways, $16.75/80.
(Prices below in Phil. Currency)
Antamoks Ps., 43
Atoka, 25
Benguet Consol, 9.30
Consol. Minea, .0025 IXL, 63
BRITISH OXYGEN
At
CAPITAL PLAN
C
AKAN TONG PO,
Okief Manager.
APPOINTMENTS -
The current issue of the Govern- ment Gazette contains the follow-
An application by Carlos Victor ing appoldtimedt's by His Excellency Castro for discharge from
From bank- the Governorr
ruptcy
was granted, subject to
'ME. Richard Edwards to be District Officer in the Northern hree months suspension, by the ct Chief Justice, ME-Justice-R E District of the New Territories, Lindsell, in Bankruptcy Court an with effect from June 6‡′′
Saturday."
THE PEAK HOTEL Mr. J. H. Taggart, Managing
Mr. Richard Edwards, under the
It was stated that Castro was a recept meeting of the Director of the Hong Kong and British Oxyren Company, Mr. B. J. Shanghai Hotels, Ltd., made the provisions of section 58 of the New
announcement on Saturday to the Territories Regulation Ordinance. $25 into Court, and this L-Hardie, the chairman, said that ffect that the contract for the 1910, Ordinance No. 34 of 1910, has to continue during the three
monthia' suspensión. the company had sell a large pro-demolition of the Hong Kong Hotelbeen authorised to hold a small had 17 creditors, thost of whoza Applicant
has been let, by the
Debts Court in the New Territories
were Indian money-lenders. One Whether or not the site will be at the following places: used for a new hotel is not dia-
gramme of extensions at home and overseas,
While it is the aim of the directors to meet many extensions out of profits, the directors were of opinion that certain major de- SALE velopment should be provided for
from the capital structure. -"
661
San Mauricio, 434.
135
Bank Bills, on demand 1,095 Credits, 4 months' sight 1,180 ON SAIGON
On deinand
SUCCESSFUL
OF FLOWERS
1061
53-5/16 | Ox MANILA Z--
On demand
On Jaras:
610
On demand
ON BANGKOK
108.
On demand
1491
ON INDIA:
Telegraphic Transfer.....
On demand
Bark, 22. demand.
Sovereign Notes
Bank Baring Rate.... 1/3-1/3 TAR BUYER. DIE TR
The Magistracy, Tai Po, the Land of these was present and said he
had no objection to the discharge. sed, nor is the actual date for once. Ping Shan, and the charge
| activities of
the commencement of demolition rooms of the Police Stations at sumilar application by Augusto Au-Tau, Ping Shan; Sha Tau Kok, Maxime dos Passos Victal was ad- Sai Kung, Sha Tin. Sheung Shul Joured sine die. Mr.
Andrewes, Official Receiver, stating company was re-Lok Ma Chau and Castle Peak,
that the position was miðalda and At an early date the directors fected in the ecently published with effect from June, 8, 1938 д secounts. The present capital The annual flower sale organised will propose to shareholders
Mr. Thomas William Harold age and he could not lay any by the Hong Kong Confucian So- scheme for increasing the Pre-structure in rather low-geared, for Hosegood to act as Deputy Harbour report before His Lordship. ciety on Saturday resulted in over ference capital and consolidating out of a total capital of £3,341, Master, during the absence on $4,323 being collected. The funds it with the present issued Prefer- 253 the Ordinary stock accounts will be devoted to the maintenance ence capital with a view to the of the many free shools run by the early issue of shares. Bociety
Continued rauld extension of the
for no less than 22841,252. The Issue of further Preference, shares will give better balance.
leave of Commander Joseph, Ber- nard Nevil, D.SO.. R.N», (retired). or until further notice, with effect from May 28, 1833:-
Mr. William
mith to
Sugar ..
12
351
15
ཡྻཾཉྫཝཊྛཱབྷུཀྐཙཔཊྛཱཀྐ སྙ་ྒུཚཙྩཊྛུཝནཱ ༠ ཙུ་ྒུ་ྒུer ུ ༡e gaསློཨྰཿཨྰཿཀྰཧྨཚཙ
Paramount Pictures
01
61
Paramount ist. pf.
691*
731
Pennsylvania R.E....
142
148
Phillips Petroleum.
30
31
323 33 Public Service of NJ,
Pure Oll
28"
28 *
81"
87.
Radio Corpn. of Am. Republic Steel
ཟ༔,
57
- 12
124
Reynold Tobac. „B"
363
38
147
151
Schenley 54% DL
65 *
68 *
Sears Roebuck
511
521
Shell Union On Socony-Vacuum Oll
111*
112*
12@
12
Southern Cal Edison: 201 Southern Pacific
201
** 10%
11
-
Southern, Rly (com) Southern Rly $5 pið.
71
72
.107
113
Standard Brands ....
.7
71
Paid-up Capital .......
5,598,600.00
Stand Gas & Elec.
31
3+*
Reserve and Undivided
Profits
2,776,728.70
Stand Gas & Elec.
..
$7 pl.
174
184
9 *
Standard Oll of N.J.
451
461
Sterling Products
592
60
Studebaker Ccrpp.
31
37
Swift International 244*
2437
Technicolor
221
221"
Texas Corfin.
351
374.
Texas Gulf Sulphur 24
291
Tidewater Assoc. Oil 12
Transamerica (new) 8%
20th Cent. Fox. Filma 191
124
# 201
*da.
Films pf... 29
29 *
Union
Carbide
&"
Carbon .....
621
632
Union Pacific .....
€01*
82
Amy'
United Aircraft........
251 251
Batara
Farnha
Manlia
Saigon
United Airlines Trans
71
71
Calmat.ca
Wibaura
20 مطلق
Can!
Nagsaski
United Corpn.
21
24
Haiphongt
New York Janiile
How
Danke
Bemarang
United
Сотра. $3
Honolul
Paris
Changbai
Yokohama
cum. pl.
297
291
Kobe-
Piping
Slaapore
United Gaa Corpn.
3
31
Un.. Gas I'provem't 364
91
97
Un. Light & power
21
21
US. In'trial Alcohol
154*
157
securities."
287 US Rubber 281
281
Us. Rubber på ma
us Smelting
25+ 201 601 48 * 491
62
151
US. Steel
401
411
rénefes on terms which will be
Local Currency and Fixed Deposits received for one year or shorter periods in Local and other Cur- rencies on terms which will be quoted on application
HONG KONG SAVINGS BANE
The Business of the above Bank is conducted by the HONG KONG & SHANGHAI 'BANKING COR- PORATION. Rules inay be ob tained on application.
For the HONG KONG & SHANGHAI
·BANKINO CORPORATION. D. C. Edmondston,
Acting Chief Manager.
Hong Kong, 2nd May, 1938.
·BANK OF EAST ASIA,
*LIMITED.
Authorised Capita!....810,000,000.00
Head Office:-HONG KONG No. 10, Des Voeux Road. Central.
Board of Directora :-
Bir Shouton Chow, Chairman Li Koon Chun, Esq. Li Lan Sang, Faq P. K. Kwok, Esq. Wong ChuBou, Esq. Wong Fun Tong, Esq. Kan Ying Po Esq Chan Ching Shek Fang Ping Wah. Esq.
Beq
Kan Tong Po, Esq., Chief Manager. Li Tse Fong, Esq., Manager...
Brancha and Agencies ;--
"Kowloon" Penasz
Landon
Han1902
San Fran
Bourlangs
BWNLOW. bydney
Tian
Tokyo. Vancouval
Every description of Banking
THE CHASE BANK
15, QUEEN'S ROAD CENTRAL
HEAD OFFICE:
18. PINE STREET,
NEW YORK.
An American Bank offering com- plete Foreign Banking Service in the principal Markets of Interest Rates on Application.
the world.
5.
SAFE DEPOSIT BOXES
This Bank is entirely owned by
THE CHASE NATIONAL BANK, Naw YORK, with Resources over U.S. $2,500,000,000. ****
D. M. BIGGAR,
Manager.
BANK OF CHINA
Bpecially 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 ig 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 an Exchange:***
1)
Head Office SHANGHAI
Hongkong Branch:
4. QUEEN'S ROAD, C.
South China Offices:
and Exchange business transacted. CANTON Loans
on granted
approved SWATOW
Current Accounts opened in Local
KONGMOON TOISHAN KINGCHOW
We also handle the issue of Bonda
Currency and Fixed: Deposits Te ceived for one year or shorter and other Pallic Funds of the periods in Local and Foreign Cur-Chinese Government both at Home
SHIUCHOW
Vanadium
134
14)
Warner Bros. Pict....
41
41
quoted cn, application.
and Abroad.
Safe Deposit Boxes To Let.
124
Westinghouse Mec. 121
731
BHOU J. CHEN
34*
Woodward Iron Cor. 11
111*
Manager.
Youngstown &Tube
Sheet
257
Chase National "Bk. National City Bank 22 22}*
264 27'*
281 274*
DISCHARGE FROM BANKRUPTCY
Call Money
1%
1 ex div.
bid.