NOMINAL
WEDNESDAY.E
JUNE 8.
PAGE 12 HONG KONG DAILY PRESS.
DAILY SHARE QUOTATIONS Hong Kong Stock
dazole. HELPER
Exchange
Sharebrokers' Association
H. K. STOCK EXCHANGE
YESTERDAY'S OFFICIAL QUOTATIONS
FINANCE
NEW
YORK STOCK EXCHANGE
(Through Reuter's Service)
QUOTATIONS
New York: June 7.
Last
Helery Saymes
NAJJA Momin
High Low Close
Today' Close
New York Cotton-July.
Ranks
1470
8.K..Backs ...................
$1,480
The market was idle.
BUYERS
New York Rubber-July. Chicago Wheat
Chicago Corn
--July. aly.
Sx7
Bo. (London) ***
2207
Venz, Golddelds. $3.
Winnipeg Wheat---July.
$7 1032
7,94 7.50 7.80 11.64 11.46 11.53 11.58
7:3 700 71 73
50 BBJ 301 991
102
7:80
Change "unch.
.03 up
if up
1/3 up
1011
3/4 up
213
Chartered Banks
£18
£18
214
190
Do."
""C"
Bank of East Asia...
Mercantile Bks. "A"
FOR
H.K. Land 4% Deb., $101. H.K. Trams, $167, .
1938
£14
192
Peak Trams (Old), $6) ex. Dly. 'Macao Electrics. $18.
High Low Dow Jones Averages
134.95
99.96 50 Industriala
113.19
N. O. & S. Banks...
39.77 19.00 20 Baile
90,38
Jane 6. High Low Close; Chang
11451 11284 113,15 .07 off 20.75 20.51 20,55 .03 off
Insurances
SELLERS
29.90 15.14 30 Utilities.
10.38
18.24 18.78 19.88
JO of
3267
Canton Insuran100...
$150
Star Ferries, $861.
93.70 83.39 40 Bonds
$6,00
Union Insurance ...
$516
64.02 41.03 11 Commodity Index $8.05
86.08
.03 up 45.11 .06 up
$21
Underwriters
32
$233
H.K. Fires.
$230
China Lights (New). 8.
SALES
Business Dond-870,000 shares..
Shipping
H.K. Wharves, $130,
STOCKS
Last Sale
ВТОСКВ
.$75
183
Douglasss
Providents (Old), $3.40.
Steambwis
329)
June 6 7
H.K. Trams. $13.80,
160
Indo-Chicas (pret.)
Adams Express
72
Star Ferries, $86).
Humble Oll ............. 72
121
Du.
(GUL)
Alleghany Steel Co.
131
131
Int. Nickel ...
Last Bale June 6 591 +3
Hon. Mr. J., J. Paterson,"
Deputy Chaseman. AMRITSAR J. K. Bousfield, Esq.,
A. H. Compton, Esq.
7
Hon. Mr. S H. Dodwell,
181/3
1.0
Shell
81/3
Telephones (Old), $274.
Allis Chalmers ........
101
41
Int. Tel & Tel
81*
Waterboa
$8.90
Consot. Ch. Provs, (Old), $8.80.
Amer. Can
861
861
Int. Dept. Stores
14/6
1 2
፧፧
19.0)
1 cts.
Mining
Kailan...44
Raabe
Venetuels Gold Fide.
Hongkong Mines
the WRITER,
visdowna,, sts.
፡፡
#2+
$130
H.K&K. Wharrow.
$131
$14/6
(Prices below in Phil, Currency)
Antamoks Ps.. 0.42)
Aboks. 25
Coco Grove, .46
Demonstrations. 28
I.K.L.. .64
Amer. Cynamid "B" 17)
171
Kennecott Copper... 291
Amer. & For. Power
3+
31
Lambert Corpn........
103 102
Amer. & For. $7 pL
17}*
181*
Libbey- Owens- Ford
"Benguet Consolidated. 2.40
"Amer. Locomotive ...
15!
15
Glass
201
Amer, Metals
28
281
Lockheed Aircraft
101
Amer. Radiator
101
101
Loew's Inc.
42.
Amer. Rolling Mill..... 15
147
Lorillard
15
$3.40
3.30
jex.rts. $.9
Providents (old)...
Do. 1.8. de W. Dooks
$1.424
Paracale Qumaus. .13
Amer. Smelting
341
35
McKesson & Rabbins,
(DOW)
$3.30
San Mauricio, .45
#181
Amer. Sugar Ring ... 22
22
$3 pr.
29
$19
108
:
$38
$101
39
1.55
T..enities...............
18.15
Humphreys
+100
Chinese Estates...................
Cafton MLS
$137
Ewon
$754
Shangusi Dooku
14.05 New Engineering 8.
Lands, Hotels, and
Buling
8.70 H.K. Howls.....
H.K Land......
Do. 4% Dobeatures;
Shanghai Lands ...)
Do. (now)
11
Buyoc Consol.. .15
Amer. Tel. & Tal, *... 1297
1291
Martin. Olen L .... 221
N.
$108
United Paracale, 28
$8.76
$36
101
$3.65
$42
S'ha Cokous......
Zakong Sing........
Wing Tuxtiin.)
$13
175
834
Ji
$12
Public Utilities
$187
$16.8
Tramwayart
[$18.94
*
fo
ex.div.
ox.div.
33
Ponk Trams (vld) .......)
Da.
XD
[18]
(W)...
XD
13
186
SHAI
Star Ferries*******
586
123
21.80
Y'mati Forries CB.3
Do.
3x31
(new)
$42
$11
Chins Lights (old)...
Do. (DAR)...
H.K. Electrica
Mucao do.
Skudak Lights ...)
Idle.
3271
Tolepionus (old) «k)
127
Bic
Do.
(a)...)
+3/6
Tractions
510 22/6
23:0
Do. (pret.)......
Andustriala
THE EXCHANGE Atchison, T. & 8. Fe. 27
MARKET
MESSRS. ROZA BROS.
The price for Ready Silver dropped 1/16 yesterday to 19 but the Forward rate was unchanged at 18 3/4. Silver advices reported speculators as having operated both ways.
A small business was done. The market
steady
was
American Silver was quoted at 42 3/4 for Spot.
The London-New York CrossTM $10.90 rate Was quoted at 495. New $8.3 York London" was quoted at 494.
15/16:
Amer. Tobacco "B" 63 Amer. Waterworks ... Anaconda Copper 1. 231
68
B
81
Monsanto Chemical 731 Montgomery Ward 31
231
Nat Bond Invest-
201
ment
11*
117
Allas Corp ..........
4
Nat. Cash Register 16
Auburn Molars
3
31
Nat. Dairy Products 13
Baltimore & Oblo
31
5
Nat. Distillers
191
B'more & Ohio Pid.
61
Nat. Power & Light 61*
.61
Barber & Co. ........ 15 Barnsdall ou
15)
Nat. Supply Corpn.
15
123
121
New York Central
113
Bethlehem Steel .... Boeing Airplane Co. zorden Co. Borg-Warner
+1
44
Nagara Hudson P
231
231
Corpo.
71
151
15
N. America Aviation
19
181
North America Co.
19
181
Briggs M'facturing - Brooklyn-Manhattan
171
17}
Northern Pacific
1
71
Pacific Gas & "Elec
26)
261
Trans..... Brooklyn-Manhattan
یا
9
Pacine Lighting
35*
***Fg¤ 8292. ang. Hessen CODERS
71
M. T. Johnson, Esq., J. R. Masson, Esq.,
G. Miskin, Esq., K. S. Morrison, Esq., Hon. Mr. A. L. Shields, D. C. Edmondston, Esq.,
Acting Chief Manager.
THURSDAY, JUNE 9, 1938.
BANKS
HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION
Authorised Capital...$50,000,000 Issued & Fully Paid-Up $20,000,000 Reserve Funda:-
Sterling
£6,500,000-
H.E. Currency Reserve $10,000,000 Reserve Liability of Proprietors.....................
AUSTRALIA AND CHINA Incorporated by Royal Charter 1955
HEAD OFFICE: LONDON:
· 38, Bishopsgate EC.2.
Paid-up Capitai Excerve Fund
$20,000,000
£3.000.000 £3.000.000
| Rgsørve Liability of Proi
pristors.
£3.000.00
Head Office:—HONG KONG
Board of Directors.. T. E. Pearce, Esq.,
Chairman.
16
MANCHESTER BRANCH:
71. Mosley Strest, 'Manchester.
AGENCIES AND BRANCHES1
PALUR STAH MUNG KONG PENANO
ILOILO
RINGOON
ПРОД
I GÒN KARACHI
SKREMBAN
ILANG
kom KUALA
BATAVIA
BOMBAY
SHANGHAI
SINGAPUER
BANGKOK
*
Branches:
Amoy Bangkok
1 poh Johore
Penang Rangoon
1
Batavia Bombay Calcutta
Kobe Kowloon
Canton
Kuala
Lumpur
Chafoo
London
Colombo Lyons
Dairen Malacca
Foochow Manila
Haiphong Muar
Hankow
Hamburg Johore)
Mukden
Tientsin
Harbin New York
Hcagkow Peiping
Tokyo.. Tsingtao Yokohama
Iloilo
Current
P
Accounts
opened
Saigon San
Francisco Shanghai Singapore Sourabaya Sungei
Patani Skatow.
(Faking) ZAMBOANGA
FOREIGN EXCHANGÉ and General. Banking Business transseted.
CUBEENT ACCOUNTS opened and FixID DEPOSIT received for One Year or shorter periods at rates which will be quoted on applica- tion.
The
Bank's Head Office itu London" undertakes Executor and Trustee business, and claims re- covery of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.
D. 3. GILMORE,
Acting Manager.
CALCUTTA CANTON CAWXPORE CHAU COLOMBO KUANTI HAIPHONG HAMBURG
HANKOW HARBIN
LUMPER KUCHING
MADRAS
BITIA WAN
BOUMABAYA TAIPING TIENTELE
MANILA
TONGKAH
MEDAN
(Bhuket)
XWW YORK PRIPING
THINGTAO
YOKOHAMA
Packard Motors ......
31
34
ss cum. ... ............... Case. J.I.
25
251
761
76
Paramount Pictures Paramount ist. pf.
7
7
69 *
69 *
Canadian Pacific....
54
51
Pennsylvania R.R.....
143
14%
Celanese Corpn.
121
11
Phillips Petroleum
324
32
Cerro de Pasco
338
331
Public Service of NJ.
28
24
MARKET
$14 Cald, Macg. (Ord.ja
36.80
$6,60-
י,
$470 Ropes
China Prov. (old)
(new)
Miscellanoom.
Dairy Farme......
460 Ch. E'tainment.......
11.70
Do. (PreLJS Canton Ice
$1.80
#17.10) Lamonta
$16 to
342
Consolidated
324
STERLING
No. business was reported. There were sellers at 1/2 15/16 June- July, possibly August and 1/2 29/32 September October, buyers at 1/2 31/32 Cash-August and 1/2 15/16 September-October.
U.S. DOLLARS There were sellers at 30 13/18 |
June-July and 30 3/4 August-Sep- tember. buyers at 30 7/8 Càsh- August and 30 13/18 September.
SHANGHAI DOLLARS
Chesapeake Corpn.... 283 Chesapeake & Ohio 24
424 Chrysler Corph. ....... Columbla Gas & E Columbia 6% "A" pf. 811* Commercial Credit... 314 Commercial Solventa Commonwealth & 8.
Commonwealth & S 6% cum. pf. :................... Consolidated Edison Consolidated Oil
281*
Pure Ol
91
237
411
Radio Corpn. of Am Republic Steel
54
124
G
Reynold Tobac. "B" 371
GO *
Schenley
151
311
Schenley 5% pl.
602
7
Sears Roebuck
544
11
Shell Union Ou
11-
Socony-Vacuum Oll
127
393
401
Southern Cal Edison 201
244
241
Southern Pacific...
11
81
81
Southern Rly (com
74
Continental Can Continental Oil
*381
381
Southern Rly $5 pfd.
111
26 201
Corn. Products
831
638
1.
Constructions, (old)
Do.
151 Nominal.
$1
Curtiss Wright (C.)
44
41
Standard Brands ... Stand Gas & Elec. Stand Gas & Elec.
7
31
SHANGHAI MARKET
(now}}
Curtiss Wright "A",
193
194
57 pt.
181
$6.70 Lane C
$8.30.
Nominal.
ון
Delaware & Hudson
Nanyang
$6
#9.90 Biacere
Del. Lackawanna &
32
B01
Watsons
637%.
Cu.G.BZ1923G,@ Bds. }
p.
118. Gorn 4%Loane
$106
HONG KONG MINES OUTPUT
Western
Deere Co....................
Distillers Corpn. Sea-
*.pm
Do. 31%
$109
500
H.K Wing On
55
S'hai
Do.
301
Vibro Piling ***
15
11-
Maramana Ir v. (Lon.)
13/10
{70 clai
Wm. Powelis
(H.K.)
70 sta
Parla
Geneva
*Sales to Shanghai
LONDON EXCHANGE RATES
(British Wireless Service)
June 2 178-11/32
21.72
Berlin
Athens
Milan
Copenhagen
12.32
June 7 178 13/32 21,723 12.32.
94
04
Stockholm
Shanghai
2011.
1.01
New York
4.941
Amsterdam
3.961
4.94 15/16 8.961
Vienna
Prague
1421
142 7/18
Nielson & Co, Inc., managers for the Hong Kong Mines, Limited, report 3,918 short dry tons of ore. treated for the month of May. from which 551.6 dry,short tons of lead concentrates were produced, averaging 70.77 percent lead and 15.88 oz. silver per ton,
PHILIPPINE
MINING NEWS
CHROMITE UNION "
Mining Company, Inc. has temporarily suspended work on its property. The president and general mana- ger stated that the company has invested some of its capital in the development and exploitation of the Zambales Mining Venture which in return will share profts in proportion to the capital in- vested..
grams
Douglas Aircraft Du Pont
Eagle Picher Lead" Electric Boat
Elec. Bond & Share Elec. Bond & Share
$5 pr.
Elec. Bond & Share
$8 pi...
Elec. Power & Light
Elec. Power & Light
ST PE.....
Filatkote
Freeport Sulphur
Gen. America Trans 364 Gen. Cigar Gen. Electric Gen. Foods... Gen. MotoTS
Gen. Railway Signal 141* Glidden Co. Godchaux
Helsingfors
Lisbon
Hong Kong
the
Bombay
1/5-13/18 4.99-13/16 29.241
5.011
29.25
It was reported that the cor- poration planned to develop its original property in
near future if it is able to raise moneyCreat Western Sugar 251* for such work. The president de- Greyhound. Corpn. 31 clared that if the Zambales Min- Hecker Products
Class "A" Goodrich (B.F.) ...... 121
36 Goodrich $5 pt. ...... Goodyear Tire & Co. 181 Great Northern Rly. 15
ing Venture project turns out well,
the board of directors will make
19.013
a similar deal with the San Roque
20
201
Rio
18
137
18-15/18
19
311021
EXHIBITION
Montreal
Brussels
Yokohama
Sellers
Buenosaires
Monte Video
Sliver (Forward) ̧.
Silver. (Spot) War Loan
the LONDON ;-
31% 102-1/10.
Closing Quotations
June 8, 1438.
Telegraphic Transfor... 11/9 Bank Bills, on demand ƒ 27/32 Credits, 4 months' sight 1/3-3/32
ON SHANGHAI :-)
On demand onbelasten.
On New YoaK:-
Bank Bills, on demand 30-0/1 Credits, 60 days' sight 21-1/16 OK BATAVIA
65-5/16
Mining Company.
AUSTRIAN LOAN DEFAULT
CANADIAN NATIONAL PROTEST LODGED BY
The
"BERLIN' STOPS
CHINA C.O.D.
Berlin, June 8. Cash on delivery service on ordinary mail to and from China has been cancelled-(Reuter)
REICHSMARK QUOTATIONS
Berlin, June 8. The Reichsmark Was quoted, without guarantee, at:-
New York, 40.16. París, 1449.
TRUSTEE BANK London, June 8.
Basle, June 8. Lord. Stanley. Secretary foc
Dank of International Dominion Affairs, has accepted an Settlements as trustee for the In- Invitation from the President and ternational Currency. Loan of the Directors of the Canadian National Exhibition to open the exhibition Republic of Austria 1930, announ- at Toronto on August 26-(British neither payment due on June 1 ced yesterday that it has received
for loan service nor the pledged revenue receipts from which the amounts in currency necessary for
Paris Sterling 178.25 to 178.30.
36.03. making debt
Paris US Dollar, service payments
(Transocean). would be mez...
Wireless).
On demand
ON PAE18:
135
ON SINGAPORE
Bank Bills, on demand 1,09, Credits, 4 months' sight 1,180 OX SAIGON:-
On demand
1081
On demand
38-5/16 |'0x MANILA 201
ON JAPAN:-
On demand
On demand
Ox BANGIOE:-
106
On demand
O INDIA:-
Telegraphic Traster...
$19
1497
1/3-1/8 #gainst 19
Sovereign Notes,'
Bank Buying Rate...... Bar BraveLINKY PE
EXCHEQUER RETURNS,
་།་
....! London, June 8. Total ordinary revenue is £99,- 853,737, against £106,325,915 a year ago. Total expenditure, less self- balancing item is £179,809,822, €182,914,506. (British
Wireless).
Amsterdam, 72.70 to 72.75. London, 123175.
Head Office:-HONG KONG
Specially Chartered by
No. 10, Des Voeux Road, Central. |THE NATIONAL GOVERNMENT
Board of Directors—» Sir Bheuson Chow, Chairma LA Kown Chinn, E-q. Li Lan nou, Esq P. K. Kwok. 40. WoneChuSon, ENG Wong YunTone Meg Kan Ying Pa Chan Ching Sliek. Fung Ping Wah, Eng.
Еми
Kan Tong Po, Esq., Chief Manager. Li The Fong, Eng., Manager.
Branches and Agencies :---
Peiping Singapore
Bourlays
Sydney Talbeko
Tientsin
Yation of
Every description of Banking
OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL...840,000,000.00 (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 an. Exchange.
יד
Head Office: SHANGHAI HongLong Branch: 9
4. QUEEN'S ROAD, C. South China Offices:
and Exchange business transacted. CANTONA.
approved SWATOW
SHIUCHOW
KONGMOON
TOISHAN KINGCHOW Current Accounts opened in Local |
We also handle the issue of Bonds Currency and Fixed Deposits re
one year or shorter and other Public Funds of the periods in Local and Foreign Cur Chinese Government both at Home
and Abroad..
KAN TONG' PO,
Chief Manager.
QUOTA OF WORKERS IN BRITAIN
Unemployment Shows
Increase
London, June 8.
SHOU J. CHEN
Manager.
ANGLO-AMERICAN- TRADE TALKS TO BE POSTPONED
London, June 8. Although it is considered un- avoidable that the Anglo-American
The Ministry of Labour estimates trade negotiations will bè. post- that on May 18 the number of insur- poned, British circles do not non- ed persons in employment in Great|sider this in a very serious Bght, Britain, exclusive of persons with- It is pointed out that such a
in the agricultural scheme. was result is inevitable in view of the approximately 11,375,000, that is thousands of knotty problems to | 15,000 less than the month before be considered and that the nego- and, on a comparable basis, 148,000 tiations would be résumed sooner less than a year before..
or later.
On the same date, registered un- It is stressed that the difficulties employed numbered. 1,778,805, com- arose from purely technical rea- prising 1,314,118 wholly unemploy-sons, particularly from domestic ed, 397,529 temporarily laid off and political considerations 01 the 67,158 normally in casual employ- American Government, - (Trans ment. The total is 31,041 --- inore focean). than on April 4 and, on a con- parable basis, 382,000 more than == on May 24, 1937.
The Bank has lodged a protest against this violation of the loan pay not more than 5/6th or the
cotton Industries and also includ- agreement with the German Gov- interest coupon due on July 1 ex
cept in the case of the Austrian and The Increase was mainly ac-sed 10,236 boys and girls newly re-
ainly ernment/
If the payment is not met punc-Swiss" part of the Issue (Trans-counted for by the numbers tem- glatered at the end of the Easter tually, the Bank will be able to ocean). Parenting
porarily laid off in the coal and term (British Wireless)
01
91
Standard Oil of NJ... 48)
Sterling Products ... 601
5
5
Studebaker Corpn. 31
151
151
Swift Internationar
25
Technicolor
221
131
131
Texas Corpn. .....
38A
44
441
Texas Gulf Sulphur 294
971
961
Tidewater Assoc. O 121
&
Transamerica (new)
91
71
71
20th Cent. Fox. Flims 207
Tå
71
do
Films pi....
29
Union Carbide
19
441*
47
Carbon
65
Union Facing
621*
49
י
501
United Aircraft
251
91
91
United Airlines Trans
દ
United Corpn. .........
27
37
372
United
Corpn.
$3
14
· 149
cum. pt.
25)
25
25.
United Gas Corpn
31
37
Va. Gas T'provem't
10
......
23
23
Un. Light & power
21
.331
338
U.S. In trial Alcohol
16 *
281
283
US. Rubber ..........
261
291
281
UB. Rubber pl. ......
€31
*141*
0.5. Smelting
50
161*
181
U.S. 8teel
421
Bugar
Vanadium
14
12
36 18
Warner Bros. Pict.... Westinghouse Elec. 75 Woodward Iron Cor. 113
41
Youngstown Sheet
141
& Tube.....
27
251*
25
61
Chase National Br. 28 * National City. Bank Call Money
231*
-1~
t ex div.
• bid.
ཚཏྟཱཀྐོནཱཀྐཝཱཊཏྟཱ, ༧ ནཱབྷནྣཨགྒིཔྤབྷུཉྷགྒིནྣཾ བྷཙྪཐཱཝཙ ཨཱཝཨྰཿཨྰཿཝངྐོདཿ ཨྰཿཡྻོཙྪོཝཱ
Reserve and Undivided
Profita...........
5,593,800.00
2,776,726.70
BANK OF CHINA
Local Currency and Fixed Deposita received for one year or shorter periods in Local and other Cur- rències on terms which will be quoted on application.
Also up to date Safe Deposit Boxes in various sizes To Let. Hong Kong, 2nd May, 1939.
THE CHASE BANK
18, QUEEN'S ROAD CENTRA).
HEAD OFFICE:
HONG KONG SAVINGS BANK
The Business of the above Bank (An is conducted by the HONG KONG:
SHANGHAI BANKING COB PORATION. Rules may be ob tained on application.
For the HONG KONG & SHANGHAI BANKING CORPORATION. D. C. Edmondston.
Acting Chief Manager.
Hong Kong. 2nd May, 1938.
BANK OF EAST ASIA.
LIMITED.
Authorised Capital ....$10,000,000.00; Paid-up Capital
18. PINE STREIT,
NEW YORK.
"American Bank offering com- plete Foreign Banking Service iu the principal Markets of the world. Interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by
The
CHASE NATIONAL BANK, NEW YORK, with Resources over U.S. $2,500,000,000.
D. M. BIGGAR,"
Manager.
241*
282*
HALATIS
Kowloon Landon Hanzon
Bombay
Manlia.
Qalcut La
Balgon Melbourne Ka Fre
Heph-ng
#‹élula
Magsakt New York
Paris
kawa
20621
Tokyo
Shantha
Yokohama
Kobe
Loans granted"
чecurities.
eived for
rencies on terms which will bai
quoted on application.
Safe Deposit Boxes To Let
28
277**