$500 $2 $230
$75
1991
$51
$24
$81/6 Shells
155,90 Waterboats
82/6
$8.90
H.K. Docks (New), $17. Providents (Old). $3.10. Providents (New), $1.
$14/-
89.40
#2
#3
134
12.00
12.90.05
$18 $17
H.K, W. Locks
(BOW).
Venezuela Gold Fids.
cta,ong Kong Mines............ Docks, Wharvos, Godowns, etc.
[122 H.K& K. Wharves.
Presidents jold;.
Provident **¥ } .
Venz. Goldfields, $3. H. & 3. Hotels, $6.40. H.K. Lands. $331,
·PÄGE 12-HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS
Hong Kong Stock
Buyers Mar
Exchange
MONDAY,
JUNE 20..
Banks
Sharebrokers'
Association
Buyer Sellera Balea
| #1440 11.K. Bauks ............
10. (Lcadou)....
£87
21A
Chartered Banks .... Mercantile Bka.' "A"
E13
$90
1948
Mercantile Ban "C"
Bank of Past Asia...
N. C. & S. Banks
Insurances
Canton Insurancos..
1513 'nion sur AE DE ...............
Cudorwriters
1920 İ.K. Firea
Shipping
Demglasses...
128) Steambanks........
$8
185
$80
Inch Chinas (Praf:)..
124
Indu Chinas (Lo!.) .............
Mining
14. 19
Ki
Raubs
M
⠀⠀ în diferen
Nominal
$1,460
£87
£113
£16
£14
$88
$2.
$950
H. K.
STOCK EXCHANGE
YESTERDAY'S OFFICIAL QUOTATIONS
A better feeling pervaded, the Market during the day, buyers be- more in evidenec, though
disinclination to the owing
of holders to sell, the turnover waN somewhat restricted. Business was reported in Docks (Old) at '$175 and (New) at $161, closing with offers of $17 for the New. Lands were deals in at $33. Trams at $16.85 and China Lights (Old) at $10.35/10.40 Offers were made of 23.10 and $3.00 for Old and New Providents, without business, te sulting.
FINANCE
NEW YORK STOCK EXCHANGE
(Through Reuters Service)
Winnipeg Wheat-July,
QUOTATIONS
High Low Dow Jones Averages 134.90 58.96 30 Industrials
$8.77 19.00 90 Raile 18.20 16.14 90° Utilitzan
2.70 83.39 Bonds $4.99 43.03 11 Commodity index 47.91
New York: June 18.
•
New York Cotton-July. New York Rubber-July. Chicago Wheat
5,42 831
Last Today's High Low Close Close
8.33 8,42
Change .09 up
Authorised Capital
Chicago Corn
-July, -July.
78 761
12.94 b glosad
781 771 37 67 078 374 107 100 1071 108
Issued & Fully Paid-Up $20,000,000
1A of
Reserve Funds: --
1/ of
Sterling
..........£ 8,500,000
7/8 08
Reserve Liability of
1938
Proprietors.........
June 17. High-Low Clown Chang
113.06
* 113.41 113.05 113.23
.17 ap
19.88
18.76 19.69 19.73
8.49
18.55 18.47 18,54
.00 up
£3.56
33.60 unquoted
.03 up
T. E. Pearce, Esq.,
Business Dore:-100,000 shares.
STOCKS
Last Sale
STOCKA
June 17 18
BUYERS
Adams Express.... Alleghany Steel Ca. 14
72.
8
14
Humble Oil
Int. Nickel .......
42
.
Allis Chalmers
$124
13
12.99
$2.95
$18
H.K. Lands 4 Dëb; $101. H.K. Tramways. $16.80. Peak Trams (Old), saj. China Lights (Old), $10.40. HK Electrica. $57.
Amer. Can..... Amer. Cynamid "8" 17 Amer. & For. Power 31 Amer. & For. $7 pt. 101 Amer. Locomotive... 14 Amer. Metals 281 Amer. Radiator......
· 101 101 Amer. Rolling Mill 142 147" Amer. Smelting ....... $354 551 Amer. Sugar Ring... 21}*
40 401 851*
int. Tel & Tel.
9
88*
Int. Dept. Stores ...
11
B
161
Kennecott Copper..
291
ود
161- 14
Lambert Corp....... Libbey-Owens- Ford
Glasa
271
281*
Lockheed Aircraft Loew's Inc.
Lorillard
161
McKesson & Robbins
211
$3 pt.
28
517)
*
108 Sangha: Docks S.
13,00 New Pagineerings S
:::
$106
24
Lands, Hotels, and Buildings
H.K, Gort, 3} Loan. 3% pm. Consol, Ch. Prov, (Old), $8.20. Consol. Ch. Prov. (New); $6.
SALES
Amer. Tel & Tel... 129)
1294
Amer. Tobacco "B" 71
711
Amer. Waterworks... 84
81
Martio, Glen L ..... Monsanto Chemical 782. Montgomery Ward
221
311
Angconda Copper... 221
24
Atchison, T. & S. Fc. 24)
243
Nat. Bond Invest-
ment
12
30.K. Intola 11.15, Lands
Fa
$5.30
::
T
$34
H.K. Docks (Olα), $174. EK. Docks (New), $164.
Atlas Corpn. ...............................
61
Nat. Cash Register 15
♫
$61
123
$16,50
$5
Do, Debentures
Shanghai Lands S
11 K. Realties.
Humphreys
Chinese styles
Cotton Milis
$154 Akus (8)
$754 Shy Cottons (N.) ...............
$37Youngming (9)
$42
当然是
Mg On Textiles (8)
Peak Teams jolik)
nk Trans (new)
SURE Ferries
Y munti Ferries RS
$101
Auburn Motors
21
21
Nat Dairy Products 133
Providents (New), $2.90/95.
Baltimore & Ohio...
11
48
Nat. Distillers
182
HK. Lands, $334!
$5.15
B'more & Ohio Pfd.
51
Nat Power & Light
BA
H.K. Tramways. $18.85.
Barber & Co.
151
151
Nat. Supply Corpa. 154
China Lights (Old), $10.35740.
Barnsdall Oll .... 13
13
Entertainments. 36).
Bethlehem Steel ........ 44
444
$15.10
875
Consol. Ch. Prov. (New), $5.80 Boeing Airplane Co. 23
238
New York Central... Niagara. Hudson P
Corpn.
103.
61
00.
24
Borden Co.
151
15-
N. America Aviation
91
$12
(Prices below in Phil. Currency)
Borg-Warner
191
19
North America Co.. 10)
Briggs Mfacturing.. 18
173
Northern Paclic
71
Public Utilities
Transm
$10.55
Antamoks Ps., 43
Brooklyn-Manhattan
Pacific Gas & Elec
268,
Atoks, .27
Trans...
81
81
Pacific Lighting - 371"
331
Benguet Consol. 10.10
Brooklyn-Manhattan
Packard Motors
31
$21.80
823 82180
Coco Grove. .471
SG cum. pt.
261
26
Paramount Pictures
51"
San Mauricio. 47)
Case. J.J
76
751*
Paramount ist. pf. 71%
..
thewa
Charter Lights
pio.ne
Canadian Pacific
51
51
Pennsylvania R.R....
14
સમ
objak faglas Then j
$7.80
Celanese Corpn.
12
12
Phillips Petroleum.- 321
AN. NEERS.
#56)
Cerro de Fasco .......
341
342
Public Service of NJ,
263
4.
Dandakan Lagiate.
$272
Polegibunes (olavi
$10
24/6, 1:tions .........
Industrials
Triples dues po
-801
22.6
THE EXCHANGE
MARKET
Chesapeake Corpn.... 201
291
Pure Oil
9
Chesapeake & Ohio 221
22
Triations iret.)
$14
Cable, Marged 18.
$14
aki, Maeg. (Prafas.
FAY
$1,70
to her
18 Cementy
8470 Ropes
8180 $15.85
34
Consolidated
•
86
36
China Pruv, juld)....
$.80
5.90/90
$5,80
85.90
!
Miscellaneous
$31
$24
B01
Ch. E'tamment
#1)
:
$2
..
18.50
$50
10/6
Parik
Geneva
Berlin
Athens
Milan
(British Wireless Sarvis)
June 18
178-26/32
21.643 12.30!
12.30
94-7,16
94-7/16
Copenhagen
Stockholm
Chipa Pravi (new)
Dury Farins
Constructions (old)....
Constructions (newį.
$8.70 Lane Crawfords.
Sanyang Tebareo-"
$2,20 |Sinevras
$
Watsons........
[{#2}*}, } Ch.6.541925G.SB3ds,
pak. Gen. 4% Loans
(JUK, Gor), 34% Loans $109
HK. Wag Un........
9'hai Wing On ..
Vibro Ping
Marsaab lav (Lon}
13/11 Mustaps Tav. (H.K.)
70 cts W. Powells
LONDON EXCHANGE RATES
June 18
173-23/64
21.641
70 cta
STERLING
- No business was reported. There were sellers at 1/2 15/16 Jane- August and 1/2 29/32 September, October, buyers at 1/2 31/32 Cash August, and 1/2 15/16 Bep tember-October.
U.S. DOLLARS
There were sellers at 30 15/16 June-July and 30 7/8 August- September. buyers at 31 Cash-July and 30 15/16 September-October.
SHANGHAI DOLLARS
Nominal
Nominal.
Eagle Picher Lead Electric Boat
Elec. Bond & Share Elec. Bond & Share »
$5 pt.
MESSRS. ROZA BROS.
Silver prices dropped 1/16 yes-
for both deliveries, the terday
18 quotations being 11/18 for! Ready and 18 3/8 for Forward. Silver advices, reported speculators A small business as having sold. was done. The market was steady. American Silver was quoted at 42
31
$8.30
$3
1/8
644% $106
MARKET
Dull
+
353
15
$8.40 3/4 for Spot..
The London-New York crOBS- rate was quoted at 497,06 New Tork-London was quoted at 407.
411 Chrysler Corpn. ...... Columbia Gas & El. 5 Columbia 6% "A" pf. 601 Commercial Credit... 30 Commercial Solvents "Commonwealth & S Commonwealth & 8. 6% cum pf. ......... Consolidated Edison 24 Consolidated O Continental Can Continental Ofl: ...... (271 Corn. Products
...... 641 Curtiss Wright (C.). 44 Cartiss Wright "A" "194 Delaware & Hudson
411 6 GD *
Radio Corpn. of Am. Republic Steel
5t
121 12].
..
Reynold Tobae. "B" 37 achenley
141
30
Schenley 54% pl. ...
61
7
..7%
Sears Roebuck
56
11
Shell Union Oll
121
Socony-Vacuum O
13
37
371.
Southern Cal Edison 11"
24
Southern Pacific
"101
81
381
387*
271
844*
41
Scuthern Rly (com) Southern Rly $5 pfd. Standard Brands .... Stand Gas & Elec. Stand Gas & Elec.
101
74
34
101
$7 pi.
.176
8+
81
Standard Oll of N.J. 46)
Del. Lackawanna &
Sterling Products
614
Western
41
Studebaker Согра
4
Deere Co.
151
15+
Swift International
241"
Distillers Corpn. Sea-
Technicolor
221
grams Douglas Aircraft Du Pont
13
12
Texas Corpn. ......
374
+7
431
434
Texas Gulf Sulphur 311
961 981
73*
77 74 71* 62
63
Tidewater Assoc. 011 Transamerica (new) 20th Cent. Fox, Films 21
do Flims pf.
12
61
201*
...
Union Carbide
42 *".
42
Carbon
651
Elec. Bond & Share
Union Pacific
514
$6 pf. Elec Power & Light Elec. Power & Light
$7 pí. Platkot
484* 91
49
91
United Aircraft United Airlines Trans United Corpn.
251
T7
21
341
34*
United
14
141
$3 Corpn. cum. pf.
244
Freeport Bulphur- 241 Gen. America Trana Gen. Cigar
244*
SHANGHAI MARKET
Gen. Electric
37+ 383
22 221* 331 33
United Gas Corpri. 31 Un. Gas I'provem't 9 2 Un. Light & power
U.S. In'trial Alcohol 17
Gen. Foods
Shanghai
Bjd.
New York
Amsterdam
4.971 8.98
8-14. 4.97-1/16 8.95
IN THE AFTERNOON
The market in the afternoon continued very dull
Gen. Motors
29 291
29+
U.S. Rubber-
262
281
US. Rubber på
631
Gen Railway Signal 141*
141*
U.S. Smelting
58.
Glidden Co.
161
181*
UB. Steel
41+
Vienna
Godchaux
Buger
Prague
Helingfors
142-11/10 2201
142-5/8
Bucharest'
Hong Kong
Bombay
1825/32/1
Montreal
·5.021
Brussels
29.201
Yokohama
Sellers
Buenosaires Monte Vidéo Rio....
Silver (Forward)
Silver (Spot) War Load
18.98)
20
20
་
18-3/8 18-11/16
18-7/18
18-13/16
31% 1014
Closing Quotations
Credits, 4 months' night 1/3.3/12
ON NEW YORK:-
5.01-9/10 29.231
Bank Bille, on demand 30-11/18 Credits, 60 days' sight | 31-3/18
55-5/15
Baat Bills, on demand 1,095 Credits, 4 months, sight | 1,180
STERLING
The market closed with sellers at 1/2 18/16 June-August and 1/2 29/32 September-October, buyers at 1/2 15/16 June-August and 1/2 15/16 September-October.
U.S. DOLLARS
The market closed with sellers at 30. 15/16 Juhe-July and 30 7/8 August-September, buyers at 31 Cash-July and 30 15/18 Septem- ber-October.
A.K. SHAREBROKERS ASSOCIATION
BUYERS
Providents (Old), $3,05, Providents (New), $2.95, HK. Docks (Old), $174. HK Docka (New). $164.- Hotels. $8.35. Trams, $162.-- China Lights (Old), $10.35. Electrica, $571. Cements,
$15.60
RALES H.K. Docks (Old), $172. HK. Docks (New): 16. Hotels, $8.35.
June 20, 1938.
ON LONDON:→→
Telegraphic Transfer...
/
ON BATAVIA:-
Bask Bills, on demand
17/2
On demand
ON PARIE:
ON SHANGHAI:-
On demand
16C
ON SAIGON:-
SINGAPORE
On demand....108
On demand'
ASA
ON MANILA pie
JAPAN:
On demand
018
ON BANGKOK :~.
On demand
On demand
1491
INDIA-
Sovereign Notes: 1-
Bank Buying Rate.....
1/2-1/89
China Lights (Old), $10.35.
93-5/16
Ban Rumar. TNT, "I
16-11/18
Star Ferries, $84. · ·
Telegraphie Tranter........
Class "A" Goodrich (BF.) Goodrich $5 pf....... Goodyear Tire & Co. 17 Great Northern Rly. 14 Great Western Sugar 25 Greyhound Corpn. 01 E- Hecker Products ...
PHILIPPINE MINING NEWS
EAN TONG PO,
Chief Manager.
QUEBEC'S MINERAL
· PRODUCTION
The mineral production of Quebec
TO ENCOURAGE · CHINA EXPORTS
Hankow, June 20,..
The Foreign Trade Bureau of
TAMBIS GOLD Dredging Com-Trenching is being continued to during 1937 valued at $65,043,000
to the is a record figure and shows an the Ministry of Economic Affairs pany, Inc. produced P10.388.00 from develop the structure 26.463 cubic yards Credged during southeast of the gloryhole, and the advance of 31 per cent over 1986 will establish an office to Hong May, according to a report from Mindoro wine was svanced 42.5 The 1938 value of $49,755,000 ke-Kong for the promotion of export Cebu.
feet making a total of 58.5 feet #ise constituted a record and trade.
compared with the previous peak] Special efforts will be made to below the collar.
push the sale of Ewangtung silk, Of $46,454,000 for 1829.
Metals accounted for 59 pertung of! and Keemun red tea
To encourage the export of raw cent of the total value in 1937
H Gasser, president and general manager, said that the dredge was. shut down for repairs from May 1 to and including May 11.
EAST MINDANAO Mining Com- pany, Inc. development and opera- Mion work, was carried on success- fully during May, H. Gasser, pre- sident and general manager in formed the stockholders from the report of F. W. Varney, mánager.
The president said that during the month under review a total of 866 feet of exploration work was Cone on the property. Exploration on the Kaintuck has opened another cut on the gloryhole;
Arrangements have been made to mill a certain tonnage of Mapaso ore without, however, impairing the production of the company.
and recorded a gain of 26 per cent materials and certain finished products," export tarifs will be
The Mindoro winze, the report over the previous year. further stated, will be completed Non-metallics "accounted for 27 greatly reduced-(International). to the 600 foot level in June and per cent with a gain of 39 per X-cutting started for the "P" block cent;
while building materials
of ore. The lighter and launch have formed 14 per cent of the total $30.830,000 in 1958. Of the total been given general repairs and and showed an increase of 38.6-metal production gold accounted
per
for $24,913,000 last year. The out- painted.
er centre of the production of put in province us The Mindoro development pro- duced 240 tons valued at P1971.27, metals in Quebec last year, ac712,004 fine ounces. and the tmillón production for the cording to a report led by the Queben is the second largest month amounted to P45,836,06 pro- provincial Bureau of Mines, was producer of gold among the pro- duced from 3008 tons of ore.
$38,655,100-ps" compared with vincer of Canada.
Vanadium
14,
Warner Bros. Pict.
41
121
115
37 *
32
171
Westinghouse. Elec. 741* Woodward Iron Cor. 11 Youngstown. Sheet
141* 251 9+ 61*
& Tube
281
Chase National Bt. 28 +
National City Bank 231*
Call Money
1%
བྷིཡྻཱཝི ཀྐོ། ཙོཀྐོཝནྟཾ དྷམྨོཝསྶ སཱནཱདྷིཊྛཝནཱཝཱ, བྷཝཾཝབྷཱཝནྡྷབྲཱནྡྷནྲྀནཨནྟཊྛགྲོ བྷཏྟཾ བྷིཛཱཝཙཱ ཏི ཏངྒཙྩvžཧྰུྃཨྰཿ#guཊྛིནྟཾ Bae ཨཱཊཚཝདྷནྡྷནྣཨཱཝིཛྫོ བྷོབྷོབྷིནྟཱི
קס 05,
Last Bale
June 17 18
6QI
11
111
411
601*
31 +
TUESDAY, JUNE 21, 1938.
BANKS
HONG KONG, AND SHANGHAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION
* AUSTRALIA AND CHINA nearparatul by Royal Chastar, 1855
HRAD, OFFICE: ·LONDON: 38. Hishopsgate E.G.2.
H.K. Currency Reserve $10,000,000 Paid-up Capital
.$90,000,000
Bead Office:-HONG KONG
Board of Directors.
Chairman.
Hon. Mr. J. J. Paterson,
Reserve Fund......... Reserve. Liability of Pra- prietors
*****-* £3,000,000
£3.000.00
MANCHESTER BRANCH: 71. Mosley street. Manchester.
AGENCIES AND BRANCHES ·
ALOR STAR
Deputy ChairmaĦAUXITSAR
J. K. Bousfield, Esq., A. H. Compton, Esq.,
Hon. Mr. S. E. Dodwell,
M. T: Johnson, Esq.,
J. R. Masson, Esq.,
C. Miskin, Esq..
K. S. Morrison, Esq., Hon. Mr. A L. Shields, D. C. Edmondaton, Esq.,
Acting Chief Manager:
·BANGKOK
RITAVIK
BOMBAY
CALCUTTA
CANTON
CAWNPORK CEBU COLOMBO
DELKI HAIPHONG HAMBURG
HANKOW
Branches: ipoh Jobore
HARDIN
Penang Rangoon
Saigon
Зва
BONG KONG PENAND ILOILO LPUB
KABAOHI KLANG
KOBS KUALA
BANGOON BALDON
BEREMBAN
SHANGHAI
SINGAPOR
SITIAWAN
NOURABAYA TAIPING TIENTSIN
LUMPUR 'KUCHING
MADRAN MANILA
TONGKAK
MEDAN
NEW YORK
TRIKOTAQ
YOKOHAMA
(Bhuket)
$50,000,000
151* -
Haiphong Muar Hamburg (Johore)
Mukden New York Peiping
PORATION, rained on application.
Hong Kong. 2nd May, 1938.
Amoy Bangkok Batavia Bombay Calcutta L'anton
Chotoo Colombo
PELPING
(Peking) ZAMBOANGA
FORCION EXCHANGE and General Banking Business transacted.
Kebe Kowloon
CURRENT ACCOUNT opened and Kuala Francisco FIXED DEPOSITS received for One
Lumpur Shanghai
Year or shorter periods at rates London Singapore which will be quoted on applica Lyons
Sourabaya tion. Dairen Malacca Sungei Manila
Patani Swatow. Tientsin Tokyo Tsingtao Yokohama
Fichow
Hankow Harhiu Hongke Iloilo
Current Accounts opened in Local Currency and, Fixed Deposits received for one year or shorter perioda in Local and other Cur- rencies on terms which will be quoted on application.
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 nud Branches.
D. J. GILMORE,
Aeting Manager..
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 An American Bank offering com-
SHANGHAI BANKING COR-
Rules may be ob
For the HONG KONG & SHANGHAI BANKING CORPORATION. D. C. Edmondston,
Acting Chief Manager.
BANK OF EAST ASIA, LIMITED.
plete Foreign Banking Service
in the principal Markets of the world.
Interest Rates on Application.
BAFE DEPOSIT BOXES
This Bank is entirely owned by Tuz CHASE NATIONAL BANI, NEW YORK, with Resources over U.S. $2,300,000,000.
D. M. BIGGAR,
Manager.
THE CHASE BANK
HEAD OFFICE:
18. PINE STREET,
NEW YORK.
31.
Authorised Capital ...$10,000,000:00 | Paid-up Capital ......... 5,598,000.00 | Reserve and Undivided
Profita
2,776,720,70
201*
Kán Tong Yo, Esq., Chief Manager, Ei Tae Fong, Esq., Manager.
Branches and Agencies 5---
Amoy
Kalcon Penang
Exlaris
Bombay
Caloocta
LanAre Manila Melbourne
Bangoce
Balgon
Bourabaya Swałow Bydary
Danden
Ben Frus
Cabos
Daikoku Tiantia
Haiphong
Hankow
Koocials
Kobe
Priping Singapore
Loans
and Exchange business transacted.
granted On
Head Office:HONG KONG
No. 10, Des Voeux Road, Central.
- Board of Directors :-
Bir Shonson Chow, Chairman. Li Koon Chun, Esq. Li Lan Sang, Faq PE. Kwok, Esq. WongChuSon, Esq. Wong YunTong,aq. Kan Ting Pu. Chan Ching Shek, Fang Ping Wah, Esq.
Esq
Nagmaki New York Bentle Tokyo
STAR
VSDOORVAT Pr
Bhanchal Tokohama
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 ÖHINA) 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.
Head Office: SHANGHAI Hongkong Branch:
4. QUEEN'S BOAD, C.
South China Offices:
KONGMOON
securities.
Carrency and Fixed Deposits re
ceived for
оде
rencies on terms which will be
quoted on application.
Every description of Banking
CANTON
TOISHAN approved 3WATOW
SHIUCHOW KINGCHOW Current Accounts opened in Local
We also handle the imga of Bonde year or
shorter and other Public Funds of the periods in Local and Foreign Our Chinese Government both at Home
and Abroad,
Safe Deposit Boxes To Let.
SHOU J. CHEN
Manager.
281*
: ex div.
⚫ bid.