PAGE IZ-HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock Exchange
Sharebrokers' Association
H. K. STOCK
EXCHANGE
QUOTATIONS
New York: June 11.
MONDAY,
Baller
Kalter Balm Komunal
Buy wi
JUNE 13.
£87 ZIR
Banks
$14701.K. Banks
Du. (London) Chartered Banks.... Mercantile Uks. "A" Mercantile Bks. "C"
Now York Conton-July, New York Bubber-July. Chicago Wheat Chicago Corn
July July.
Today' High...... Liw Clown Close 8.53 8.11 8.09 8,14.
12.02 b alound 798 703 74 TO 38 67 100 103)
Last
571 681 1024 1001
1938
£14
190
ank of East Asia ..
$95
114.47
N. L. & S. Banks.....
Insurances
#:
::
#*
3287 Canton Insurances...... 351 Union Insurances
#Underwritors.............................
193) 8.K. Fites
0150
H. and S. Hotels, 4% Deb., 3101. Peak Trams (Old), $81.
$610
H.K. Electrics, $58)....
82.77 19.00 20 Haile 22.20 16.14 20 Utilicion 93.70 83.39 40 Bonds 64.99 41.03 11
20.53
19.18 53.37
Commodity Index 46.90
Macao Electrics, $18.
#990
H.K. Govt. 34% Loan, 3% pm.
Shipping
Douglases
$75
9
Steamboats
5921
180
Ind-Chinas (Pref.)....
161
SELLERS
H. and S. Hotels, $64.
STOCKS
Last Sale i
STOCKS
June 10 11
184
Indo-Chinas Def.).
$24
China Lights (New), $91,
Adams Express ...............
.71* 7
Humble Ou
491/6 Shell....
83/6
Alleghany Steal Co.
14).
131
Int. Nickel
FINANCE
NEW YORK STOCK EXCHANGE.
(Through Rester's Service)
$1,460
W63
YESTERDAY'S OFFICIAL QUOTATIONS
The market opened and remain ed qulet "during the day, Sales of Banks were reported at $1452), Electrics changed hands at $57, and Trams at $161,
BUYERS
Venz. Goldfeld, $3.
Winnipeg Whant-July.
High Low Dow Jobs Averagos 134.98 98.98 30 Industrials
go is'.
80
TUESDAY, JUNE 14, 1938.
BANKS
BONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION
.$80,000,000
Issued & Fully Paid-Up $20,000,000
...£ 6,500,000
H.K. Currency Reserve $10,000,000 | Reserve Liability of
Proprietors
$10,000,000
Head Office:-HONG KONG
Board of Directors. T. E. Pearce, Esq.,
AUSTRALIA AND CHINA incorporated by Royal Charter, 1983
HEAD OFFICE: LONDON: 38, Bishopsgata 10.2
Paid-up Cuaital........ Réserve Fund Reserve Liability of Pro-
pristar...、
------ #3.000.000 £3.000.000
£3.000.00
MANCHESTER BRANCH: 71, Mosley Street, Manchester.
AGIENGIES AND BRANCHES: ALOR STAR HONG KONG PENANG ILOILO
Chairman Hoa. Mr. J. J. Paterson,
Deputy Chairm40. AMRITSAR J. K. Bousfield, Esq., A. H. Compton, Esq.,
Hon. Mr. 8. H. Dodwall, M. T. Johnson, Esq., J. B Masson, Esq., G. Miskin, Esq..
RANGOON
LIGON BEREMBAN
SHANGHAI 10
Authorised Capital
Changt
*
.06 up
Reserve Funds: --
Sterling......
41 up
l up 31 up
Ju 10 High Low Close Chang
11471 11413 11438 $4 off
20:58 20.45 20.53,
unch. ,09 of
19.06 18.00 19.04
85.30
anquoted.
Business Dono:-110,000 shares,
Last Bale June 10 11
601
431
422
$8.90 Waterboats
$8.90
SALES
Allis Chalmers
4138
411
Int. Tel & Tel........
83
81+
Mining
H.K. Banks, $1450/52),
Amer. Can
871
88
Int. Dept Stores ...
81
8
14/8 Kailmas
$14/6
H.K. Tramways, $16)."
amar. Cypamid "B" 173
171
Kerinecott Copper...
29
29+
$9.90 Ranb
H.K. Hotels
16)
$36
$401
14obationg Kong finds...........
Docks, Wharves Godowns, etc.
šis H.K. & R. Wharres...
$3.30 Providents (now)..... $.8 K. & W, "Docks.
(new)........ .E $18 $108 Shanghai Docks S. 13.00 New Engineerings.
Lands, Hotels, and Buildings
1.K. Lands......................S. Do. Debentaros Shanghai Lands S
$.55K. Nralties
19.15 Humpress
10 Chinese Estates
Colton Mill
$14 30 Bwon (S.)
Venezuela Gold Fids.
H.K. Electrics. $578/57. (Prices below in Phil. Currency)
Antamoks Ps.. 43 Atoks, .29
Amar. & For. Power
31
3+
Lambert Corpa,......
114 10**
K. S. Morrison, Esq., Hon. Mr. A. L. Shields, D. C. Edmondaton, Esq.,
deting Chief Manager,
Amer. For. $t pt. 171
17
Libbey- Owens-Ford
Amer. Locomotive ...
15
15
Glass
Amer. Metals.........
291
201
Lockheed Aircraft
$131
Amer. Radiator
101
201
Loew's Inc. ...
Bagulo Gold, 23)
$3.40 Providenta (old)..........
$3.421
$3.30
$18
#171
1108
Benguet Colsel. 10.00 Coco Grove, .481 Consol, Mines, .0035 Demonstrations, .32 I.XL, .69
Amer. Rolling Mill....
15
15
Lorillard...
Amer. Smelting.
35%
351
McKesson & Robbins
*
262*
Branches:-
121
Amoy
Ipoh
411
Bangkok
Jobore
Penang Rangood
151
164
Batavia
Kobe
Saigon
Bombay
Kowloon
San
Calcutta Kuala
Amer. Sugar Rang
22
217
$3 pr.....
281
282
Canton
Lumpur
Amer. Tel. & Tel ... 132§
1321
Martin, Glen I ....
23+
222
Ubefoo
London
Amer. Tobacco "B" "891
691
Monsanto Chemical 77
763
Colombo Lyons
Francisco Shanghai Singapore Sourabaya
Paracale Gumaus, .14
Amer. Waterworks -- 81
83
Montgomery Ward... 31
301
Dairen Mainees
$8.70
..........
$36
San Mauricio, 471 Suyoc Cc sol, .17} United Paracales. 304
Anaconda Copper ... Atchison, T. & 8. F.
24
241
Foochow Manila
Nat. Bond mareste.
281
201
ment
111*
112+
Haiphong Muar
Sungei
Patani Ewatow,
Atlas Corpa **********
61
61
Nat. Cash Register 161
184
Hamburg
(Johore)
Tientsin
Hadkow
Makden
Tokyo
$101
Auburn Motors
21
21+
Nat. Dairy Products 132
13}*
Harbin
Baltimore & Ohio ...
51
5+
Nat, Distillers
191
19 *
Hongkow
New York Peiping
Tsingtao Yokohama
1
$5.65
B more & Ohlö Pfd.
64
61
Nat. Power & Light
03
6+
Iloilo
THE EXCHANGE Barber & Co.
151
151
Nat Supply Corpn.
18.
151
Barnsdall Ol......... 131
13
New York Central..
111
111
Current
$14)
$769'hai Catters (S.)
$76
124
$97
Zoong Sings (5.)
4
842
Wing On Textiles (8.). Public Utilities
342
$16.8 Tramways
$16.80
Peak Trams (ald)........
༄
Peak Trans (new).
$801 Star Ferries
186
$21.8
111
Vaati Ferries C.R Du. (new) China Lights jold).
$22
$10.68
$10.60
$31
China Lagits (raw).
翻
HK. Estries..
158
Blacno Electries
ון
191
Sandakan Lights".
1971 Telephones fold),
#i
*
117.10 Cements ...
$4.70 Bopes
Consolidated
$8.00 China Prov: joki
$8,60 China Pros, new...
$24
Miscellaneous
Tairs Farmis
$860 Ch. Etainments #14
$8.70 Lane Crawfords.........
Nanyang Tobacco.....
14.40 Sinevres
36 Wat........
Ch G.5% 1925G. Bds.
$37
Telephoties newp.
$10
rate was quoted at 496.62. New
24/8
Tractions.......
22.6
24-
Tractious pref
York-London was quoted at 497. 3/10.
Industrials
MARKET
$14
Cald., Macg. [Ord.) S.)
Quiet.
STA
"Cald.. Macg. ¡Pr«t] S.
$1.70 | Clanton Ters
$1.00
$16
$16.45
MARKET
MESSRS. ROZA BROS.
Silver prices were unchanged yesterday, the quotations remain- ing at 19 for Ready and 18 11/16
for Forward. Silver advices re ported
speculative sales
some
India bought. The market was steady. American Silver was quot-
ed at 42 3/4 for Spot.
The London-New York, cross-
38 cùm, pf. Case. J.I. Canadian Pacific .... Celanese Corpn.
Cerro de Pasco ... Chesapeake Corp 29" Chesapeake & Ohio 231
Chrysler Corpu. ...... 414
Columbia Gas Fi
Bethlehem Steel -... 441
441
Niagara Hudson P
Boeing Airplane Co. 23
231
Corpn.......
71
Borden Co.
158
15+
N. America Aviation
91
91
Borg-Warner
191
191
North America
Co.
71
74
Briggs M'facturing. 184 184 Brooklyn-Manhattan
Northern Pacifc 281
26
JA
Pacific Gas & Elec
381"
37
Trans......
9}"
9 +
Pacifc Lighting
3+
31
Brooklyn-Manhattan
1
Packard Motors...
191
191
771
5151
111
351
341"
Columbia 6% "A". 60 60 *
Commercial Credit. 314
Commercial solvent Commonwealth & 8. Commonwealth & 8.
7
61.pa
160
#51
11/
K. Govt. 4% Loans
H.K. Govt. 31% Loana
H.K. Wing On
'hui Wang On..
Vibro Piling.........
Morsmans Inv. (Lon.)
3310 Maians Inv. (II.K.)
$24
Constructions (old)...... Construction (new)........
$1
$8.30
$2}
67 %
Nominal.
$106
$102
Nominal.
353
130
⠀ ⠀
Deere Co.
Distillers Carpız. Səs-
grams...
H
170 ats Win Powells
20 cte
■
Paris
Geneva
Berlin
Athens
Milan...
Copenhagen Stockholm
Shanghai
Amsterdam
Vienna)
Prague
Helsingfors
Bucharest
Bong Kong
Bombay
Montreal
Brussels
Yokohams
June 9 178-19/64 21,79
12.32
94-1/18
9d
ત.
New York
4.94-15/16 3.961
4.961
8.961
142-7/16
1421
872)
18 5-13/16d
5.014
29.28
1s 5-51/64d 5.021 29.251
"
Gen. Foods
Gen. MotorS
Gen. Raliway Bignal 15 Glidden Co. Godchaux Sugar
LONDON EXCHANGE RATES
Sellers
Buenosaires
Monte Video
Rio
allver (Forward)
Silver (Spot)
War Loan
ON LONDON:
(British Wireless Service).
Closing
June 13, 1938.
Telegraphie Transfor.....: 11/1 Bank Bills, on demand/ 97/22 Credits, 4 months sight 1/3-2/32
ON SHANGHAI:
Junie 11.
178-23/64
21.714 12.32
94-5/16
19.03
201
18-11/15
18
19
18-11/16
31% 102
Quotations
On New York :-/
נן
Bank Bille, on Asmand 30-11/16 Credite, 60 days' night"| 11-3/16 ON BATAVIA !---
On demand. 55-5/16 ON PARIS
* Bank Bills, on demand 1,085 [..... Credits, 4 months' sight. 1,180
ON SAIGON+
On demand
1BC
ON SINGAPORE ! -
On demand
On demand
30/16
ON MANTEA
On demand
ON JAPAN:
ON BANGEDE:
On demand
100
On demand.
DI INDIA-
B Bank Buying; Rat
BAR SFR, MAR
Telegraphic Transfer..
Sovereign Nošen
1081
611
STERLING There were sellers at 1/2 15/16 June-August and 1/2 29/32 Sep- tember-October, buyers at 1/2 31/32 Cash-August and 1/2 15/16 September-October.
US, DOLLARS
There were sellers at 30 15/16 'June-July and 30 7/8 August- September, buyers at 31 June-July and 30 15/16 September.
SHANGHAI DOLLARS
SHANGHAI MARKET
IN THE AFTERNOON
The market was a shade easier
in the afternoon.
STERLING
The market closed with 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) 15/16 August-September.
D.S. DOLLARS There were sellers at 30 15/18 June. possibly July and 30 7/8 August-September, buyers at 31 Cash-July and 30 15/16 August September,
BURMAH OIL PROSPECTS
DIVIDEND POLICY
The magnitude of the contribu- tion made to the company's pro- ats by Income from investments was emphasized by Sir John Car- rill in the course, of his speech st the meeting recently of the Barmah Oil Company, says The Times.
8% cum, pt.jun 421 Consolidated Edison 249 Consolidated Oil Continental Can Continental ou Corn. Products Curtiss Wright (C.) Curtiss Wright "A" 191 · 194 Delaware & Hudson 91 Del. Lackawanna &
Western
Douglas Aircraft
Du Pont.**.
Eagle Picher Land Electric Boat
Eled. Bend & Share 77 fine. Band & Share
$5 pf....... Elec. Bond & Share
36 pf...
Elec Power & Light 93 Elec. Power & Light
$7 pr...... Flintkote Freeport Bulpur
Gen. America Trans 361 Gen. Cigar
Gen. Electric
Class "A" Goodrich (B.F.)...... Goodrich $5 p!..
Goodyear Tire & Co. 171 Great Northern Rly. 151 Great Western Sugar 27 Greyhound Corpn. 9 Hecker Produçta
Of the total. 48 per cent, he year from the present level of F.K. pointed out, was derived from | profiką.
this source, compared with 38 per We are now afmast half-way cent. from trading in India, and through the year the said), and, Burmah and 13.6 per cent. from dnless there is serious further de..
terioration. I would expect that export trading.
of
In deciding to write up the value the results" we submit to you in the company's holding of due course in respect of 1938 will Anglo-Iranian stock, the board, not be materially inferior to those he, explained, had been infiuenced dealt with to-day; and, of course, by their considered view that in there is always, the chance that the normal course of events the conditions for the rest of the year excess of actual value over book may yet improve. cost must steadily and materially | Increase.
We have very advisedly, how- ever, recommended part of our Though he recognises that there final distribution in the form of a has been some slowing down in bonus, since it is certainly not our the growth of consumption and latention to encourage yon mean- some weakening in prices, Sir time to expect the same total rate 1/3-1/32 John Cargill does not foresee any of distribution on the increased
material setback in the current capital now being proposed. *
* bid.
SHAREBROKERS ASSOCIATION
BUYERS
Trams, $16). Entertainmenta, 64. Govt. 84% Loan, 2% prem.
SELLERS
Providents Consöi. (Old).. $5,80. Hotels, o Resitién. Så. Cements $18.43,
SALES
Providents Consol, (Old)," $6.50) | Trama: $151/55. Star Ferries, $38. Electrics, $57).
PHILIPPINE MINING NEWS
· SUYO MARAPUDO Mining Ex mines to determine the quantity ploration, Inc." reports that the and quality of ore recently un- development and exploration of covered
its property in Santa Cruz," "Kam- At present the company has bales, is carried on satisfactorily about 1,000 tons of ore ready for with good showings. Otillo shipment, it is reported. The Gorospe, general manager, told company expects to increase its the Bulletin that new labourers chromite ore within the next few from Blocos had just arrived in months when the
the management Bayang mines to replace the sick will approve the employment of labourers, who are suffering from more labourers to complement the malaria.
workers how carrying on the work. The manager said that the LABO BANTA ANA 8an Josquin latest report reaching the Manila United Mines, Inc. announces that omce of the edrboration is that a general stockholders meeting one cubic metre of chromite or will be held, at the offices of the is being extracted by a crew of company at Arias building, on
June 15, at 10 am for the pur five men each day lon
Mr. Gorospe further stated that pose of discussing plans for the new lodes have been recently dis- future operations and develop- covered and that the company is ment of the company in accor- preparing to send a staff of er
with the recommendations gineers "atid technicians to the of the engineer.
11
8+
39
271
44
5
18
13 - 13 *
45
971
8
11
441* 44**
501
35*
141
25 241*
221*
34"
291 291
17
121 37
#1
*****¤‡**** ********* ** 2*8*** $ 9* =**nsfa‡*,******
281*
Paramount Pictures
↑
..71
Paramount 1st. pl.
742...
Pennsylvania R.R..
15
721* 15
Phillips Petroleum ... Public Service of N.J. Pure Of ....
321
327
273-
271
91
Radio Corpn. of Am.
54
52
Republic Steel
122
12
Reynold Tabac. "B" 37
38**
Schenley
142
141
Schenley 54% DI
65
811*
Bears Roebuck j........
501
381
11
Shell Union O11 :..
12
12
Socony-Vacuum Oil
13
13
Southern Cal Edison 22
. 22
Southern Pacific Southern Rly.. (com)
11
114
BANK OF EAST ASIA, LIMITED.
71
7
Southern Rly $5 pfd.
114
101
Authorised Capital ....$10,000,000.00
Standard Brands .....
7
7
Paid-up Capital
91*
Stand Gas & Elec. 31.. Stand Gas & Elec..
$7 pi
181 Standard O öt N.J. 47
814 Sterling Products Studebaker Corpå. 4k Swift international 25
31
Reserve and Undivided
Profits
5,598,600.00
2,770,796.7.1
171*. 461 601*
Head Office:-HONG KONG No 10, Des Voeux Road, Central.
www
41
25
Technicolor
221
221
Texas Corpn. .......
331
38)
Texna Gulf Bulphur "313
31
Tidewater Assoc, Oil. 121
12{
81
Transamerica (new)
81
20th Cent. Fox. Filma 211
do. Films pt.... ..29 * Union Carbide # &
201*
291*
Carbon
651 65.
Union Pacind
61
81
Kunoy
Hatavis
Kowto-- Раделк
Loodro
40 *
United Aircraft
28
251
Bombay
•
United Airlines Trans
8 84
United Corpn.........
21
24
Cantua Haiphong Bankow
1
United Corpn.
Kobe
"cum. pl.
251
251
з
YADOMITET
Peiping
j- Shanghal
Singapore.
Tokohama
United Gas Corpa.
31
34
Un. Gas Iprovem't '-94
91
Un. Light & power 21
21*
On
US. m'trial Alcohol 17
"17 *
securities
U.S. Rubber
2011
201
U.B. Rubber pi.
65
65
U.S. Smelting
51,.*
55
UB. Steel
12
411
Vanadium .....
131* 131*
Warner Bros. Plot.... 4
42*
121*
Westinghouse Elec. 751 Woodward Iron Cor. 12 Youngstown
751
111*
Accounts opened in
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,
Also up to date Safe Deposit Boxes in various alzes 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 & ShʊNGHÀI BANKING CORPORATION.
D. C. Edmondston,
Acting Chief Manager. Hong Kong, 2nd May, 1938. -
Board of Directori cam
Bir Shouson Chow, Chairman Li Koon Chan. Esq, Li Lan ang, Esq. P. K. Kwok, Esq. Wong Chusom, Eaq. Wong Yun Tong, Esq. Kan Ying Fu, Esq Chan Ching Bhaic Fung Ping Wah, Esq.
Eaq
Kan Tong Po, Eaq, Chief Manager. Li The Fong, Esq., Mausger.
Oklentis
Branches and Agencies;–
Manile
Bourabaya Barob you w J
bydory Taibaku Melbustrie Bau Fra
Talaso Tlentain Yew York beazila
Beacong
PRIPING.
(Peking) zamBOANGA
FOREIGN EXCHANGE and General Banking Business transacted
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for Que Year or shorter periods at rates which will be quoted on applica- tion.
The Bank's Head Office in 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. J. GILMORE,
"Acting Manager.
THE CRASE BANK
is, QUEEN'S ROAD CENTRAL
HEAD OFFICE:
18, PINE STRIDE,
NEW YORK.
An American Bank offering com- plete Foraigo Banking Service in 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 Resouros over- 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 OVEN OHINA)
Owing to our numerous Brancher. 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.
Head Office: SHANGHAI Hongkong Branch,
4. QUEEN'S ROAD, C. South China Offices:
Every description of Banking CANTON
and Exchange business transacted. Loans granted
approved SWATOW
KONGMOON TOISHAN
SHIUCHOW KINGCHOW Current Accounts opened in Local We also handle the issue of Bonds Currency and Fixed Deposits re
ceived for one year or shorter and other Public Funds of the periods in Local and Foreign Cur-Chinese Government both at Homs" rencies terms which will be and Abroad.
on
quoted on application._
Safe Deposit Boxes To Let.
KAN TONG PO
Chief Manager,
БАХОЛОК
BATAVIA BOMBAY CALOUTTA CANTON CAWNPORE CHU COLOMBO DPLATY HAIPHONG XAMBURG
KANKOW KARBIR
KARAOHI ELANG
KOR
KUALA
LUMPUR. KUCHING MADBAR
SINGAPORE MITIAWAN BOURABAYA
TASPING VIENTALN
MANILA
TONGKAN
MIDAN
(Bhuket)
NEW YORK
TRINGTAO.
YOKUHAMA
H
SHOU J. CHEN
Manager.
Sheet
1 & Tube
28+
28+
Chase National Bk. 261
National City Bank 213
27 221
¡ Call Money
1% 1%
tex. div.