$1.480
£11
£29
£14
心が
#86
T
$2
#:
1940
Canton insurances..........
1311
$21
#250 $600
32
:
H.K. Banks, $1440.
"
Shipping
585
Dougatsen val
323
140
524
PAGE 12-HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock Exchange
Sharebrokers' Association
thly re Kaklaro Sales Nomial
WEDNESDAY. JUNE 22.
Layer Solter
Nominal
$1440
£87 Ent
EAS
13
190
Banks
4.K. Banks
Uu. (London) Chartered Banks
Mercantile kя. “A”
Mercantile Bike. "C"
Bank of East Asia .......
N. . & S. Banke
Insurances
L'nion usaZENE DE ...........
L'ąderwritera ..............
1929 (1.K. Fires "...
*
H. K. STOCK
LI
EXCHANGE
YESTERDAY'S
OFFICIAL
QUOTATIONS
The market opened with a frm- et tone together with a general
lower enquiry for the
priced stocks. Hotels were traded in at
New Providents at $3.35, Į $6.45 Cements at $16; Electrics E $501/ 80. Old Providents continued in demand at $3.45, H.K. Banks al $1440 and Trams at $17,
FINANCË
NEW YORK STOCK EXCHANGE
(Through Bauter's Service)
Change
QUOTATIONS
New York: June 21.
New York Boston-July, New York Rubber-July, Chicago Wheat Chicago Vorn
8.83
12.93
Today's High Low Close
Close 8.65 8.52 8.81 13.79
"Laat
.09 up
12,85 b 1287
.9 up
July...
70
77
79
TI
tt att
-July.
371
671
677
1/4 off.
Winnipeg Wheat -July,
1103
108)
1987 ~ 1091
1/4 sp
THURSDAY, JUNE 23, 1938.
BANKS
HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION
Authorised Capital
-------$50,000,000
Issued & Fully Paid-Up 820,000,000 | Reserve Funds: ---
Sterling
£6,500,000
H.K: Currency Reserve $10,000,000|| Reserve Liability of
Proprietors
AUSTRALIA AND CHINA Incorporated by Royal Charter 1853
HEAD OFFICE: LONDON:
38. Bishopsgate E.C.2.
Paid-up Cupitai
.890,000,000
| Reserve Fund
Head Office:HONG KONG
יו
... £3.000.000 £3.000.000
1918
BUYERS
High Low Dow Jones Average 134,95 98,95 30 Industrials
$3.77 19.00 20
Balle 28.90 14.14 20
June 20. High Low Close Chang
Board of Directors. T. E. Pearce, Esq.,
118.51
122,36 118.01. 191.34
73 up
20.70
21.68 21.03 91,51
.81 up
Hou. Mr. J. J. Paterson,
Utilitie
*4.34
19.84 19.35 19.80
.24 ap
H.K. & K. Wharves. $120).
3.Tv. 81.39 40 64.99 45.03 11
Bonds
$4.49
84.84
.34 Up
Deputy ChairmaĦAMNITSAR
or.div.
14/0
Ka
Fut
Hauby
.:
120 $340
$3.34
$171
---
$17
$121
$3,45 316/25
Starabonts
·lada-Chiuus (Pref.)....
Indo-Chinus (Def.)
88/104 | Shells........
$8.90 Waterboats
Mining
Venezuela Gold Fida.
9jeta Hong Kong Mines.......
Docks, Wharves,
H.K. & K. Wharves...
$75
*22)
$21
88/10)
$8,90
$14/
XU
+6#
:
:
Godowns, etc.
$24
HK. Docks (Old), $173. H.K. Docks (New), $17. Providents (Old), $3.40 Providents (New), #3:30,
H. & S. Hotels, $6.35. H.K. Lands, 332
H.K. Lands 49. Deh. $102. Humphreys. $82.
EK. Realties, $5, H.K. Tramways, $16.95. Peak Trams (Old), $6). "
Commodity Index 43.29
48.34
.05 up
J. K. Bousfeld, Esq.,
Business Done:-1,480,000 shares.
.. A. H. Compton, Esq.,
Chairman.
| Reserve Lability of Pro-
prietors....
£1.800.00
MANCHESTER BRANCH: 71. Mosley Street, Manchester.
AGENCIES AND BRANCHES + ALANE STAR HONG KONG PENANG ILOILO
BANGKOK
BATAVIA
BANGOON
SAIGON
BEREMBAN
Hon. Mr. S. H. Dodwell,
BOMBAY
STOCKS
Last Sale'
M... T. Johnson, Esq.,
STOCKS
Last Sale
Venz. Goldfields. $1
June 20 21
June 20 21
J. R» Masson, Esq.,
G. Miskin, Esq.,
Adams Express
9
9j
Humble Ou
84
bi.
K. 8. Morrison, Esq.,
4
Alleghany Steel Co. 14) Allis Chalmers ........ Amer. Con Amer. Cynamid "B" 18 Amer. & For. Power 131
181
Int. Nickel
442
451
423
431
Int. Tel & Tel...... 91
01
Hon. Mr. A. L Shields, D. C. Edmondston, Esq.,
CALCUTTA CANTON CAWNPORE Can COLOMBO
KABLOU KLANO
КОВЕ XUALA
"BHANGHAI
SINGAPOR
SITJAWAN
LUMPUR KUCHING
NOURABAYA
TAIPINO
MADEIA
TIENTMIN
MANILA
TONGKAR
00
961
Int. Dept. Stores... 9
91
"
Acting Chief Manager
MEDA
(Bhuket)
ક્ -13)
Kennecott Copper...
321
331
SAMBUNG
NEW YORK
THINGTAO
Lambert Corpn.
1111*
HANKOW
Branches:
Amer. & For. $7 pt. 18-
1.9
Libbey-Owens- Ford
Amoy
Ipoh
Penang.
$19
Providents (old $4.35
China Lights (Old), $10.40, AK. Electrics, $59.
Amer. Locomotive... 151
17
Glass
303 .. 321
Bangkek
Johore:
Rangoot
Amer. Metals
301
321
Lockheed Aircraft
12" 124
Batavia
Kobe
Saigon
19.25
$3,35
Providauts (new)}...................
$3,35
#.37
$10
(**).......
S108 Shanghai Docks S..... 83.90 New Engineerings S.
Lands, Hotels, and Buildings
I.K. Hotels
.K. Landa...... S. Do 4% Debentures
Shanghai, Lands S.
H.E. & W. Dock.....
Du
F18
$17
$108
Macao Electrics, $18.
Cements, $16.
Dairy Farms, $221.
Amer. Radiator
li
12:
Loew's Inc.
43}
15
Bombay
Kowlawus
Ban
Amer. Rolling Mill
161
17
Lorillard
163
161
Calcutta
Kusio
Amer. Smelting
383
591
McKesson & Robbins
Canton
Lumpur
Shangbai
Chefoo
London
Singapore
$4
Watsons. $6.
Amer. Bugar R′ing ... | 213
221
pr.
28
29
Colombo
Lyons
Sourabaya
Amer. Tel & Tel
Entertainments, $8.40.
... 132
133
Martin, Glen 'L'......
231
23
Dairen
Malacca
Sungei
$6.40 $34
$101
Consol. China Prov. (Old), $8.84 Consal, China Prov. (New), $6.80.
SALES
Amer. Tobacco "E" 13
70
Amer. Waterworks...
91
Monsanto Chemical 80 Montgomery Ward..... 34)
33
Foochow
Manila
Pataui
341
Haiphong Muar
Swatow,
||| 10) Benities
198
Chinese Natatan
$5.15
ar
Humphreys
Cotton Mills
$14.9) Exos (S.) .....
$14,70
*175*
S'hai Cottons (S.)
$12
Zong Sings (S.) ***** Wing on Textilea (S.)
..
$704
H.K. & K. Wharves, $121. Providents (Old), $3.45. Providents (New), $3.15/25. H.K. Tramways, $18.90/17. China. Lights (Old), $104. H.K. Electrics. 559.
Anaconda Copper Atchison, T. & 8. F6, 201 Atlas Corpn. .....
26.1
27
Nät. Bond Invest-
Hamburg (Jabore)
Tientsin
28
ment
12 *
12
Hankow
Mukden
Tokyo
82
7.
Nat Cash Register 161
171
Harbin
New York
Auburn Motors ......
21 P
21
Nat. Dairy Products · 14
131
Hongkow
Peiping
Tsingtao Yokohama
Iloilo
Baltimore & Ohio...
8 more & Ohio Pid.
41 в
51
Nat Distillers........ 101
191
61
Nat. Power & Light 61
61
Current
Francisco
Accounts opened In
HARBIN
PRIPING
(Peking) ZAMBOANÁLÁ
Forman Exchange and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSyma recsivad for One Year or shorter periods at rates which will be quoted on applica- tion.
The Bank's
Office in London undertakes Executor and Trustee business, and claims_re-
British covery of
Income Tax overpaid, on terms which may be. ascertained at any of the Agencies and Branches.
YOKOHAMA
Head
DJ, GILMORE.
Acting Manager.
Barber & Co. ·........ 17i
171
Nat. Supply Corpn. 16
171
Barnsdall Ou......... 14
141
New York Centrul
121
121
Local Currency and Fixed Deposits received for one year or shorter
$24
Mucão Electrics. $18.20.
Bethlehem Steel .... 42
491
Niagara Hudson P
periods in Local and other Cur-
$12
Dairy Farms, $23.
Boeing Airplane Co. 247
241
Corpn.
7
rencies on terms which will be
Public Utilities
$16.90 $01
18,80/1 7
$10.9
Watsons, $8.
Borden Cu
15+
154
N. America Aviation
91
91
quoted on application.
$16.90
45
Traatwass
| Peak Trams (old)...... $34. Desk Trams (new).
3 mali Ferries C.R.$
Consol. China Prov. (Old), $6.90,
Borg-Wamer
201
211
North America Co.
19;
201
THE CHASE BANK
Also up to date Safe Deposit| 15, QUEEN'S BOAD CENTRAL
531
Consol. Ch. Prov. (New). $6.30/50 ggs M'facturing '18]
20
Northern Pacific"
-31
8:
Boxes in various sizes To" Let.
584
Brooklyn-Manhattan
Pacific Gas & Elec
27
27/
Hong Kong, 2nd May, 1938.
Star Ferrina....
$23
(Prices below in Phil Currency)
Trans.......
81"
B
Pacific Lighting
38
381-
$21.8
8218)
ik
(new)
Antamoks Ps.. 421
Brooklyn Manhattan
Packard Mctors.....
34
31
HONG KONG SAVINGS BANK
$10.40
110
lame Lights (ald).
$10.40
$1045)
HEAD OFFICE:
18. PINE STRIT,
NEW YORK.
360
In Lights (new). K. Electric4"
37.80
Atoks. 27
$5 cm. pf.
261
251
Paramount Pictures
74
[B]
#57)
Baguio Gold. 211
Case, J.I.
713
73
Paramount ist. pt. 74
781
BIR
| $18.20
TH
$27
"Macao Electrics......
Sandakan Laghis de
Telephones fold). Trieplate* [new]...
24/8 Tactills .......
Tructions (pref.)
Industrials
Mang (Ord.) S.
327
Demonstrations. 20
$91
Benguet Consol., 10.00
Coco Grove. 46
I.X.L....70
Canadian Pacific
53
51
Pennsylvania RR. ..... . 15
181
Celanese Corpa. ..... 13
141
Philips Petroleum. 341
351
Cerro de Pasco.
361
371
Public Service of N.J.
281.
281
Chesapeake Corpn... 31
31
Pure Cl
101
101
22.0
$16
:
$5,80
$8.60-
*
129)
$0.10
::
$8.30
6.30/30
$2.20 San res
84% 0.5% 19250. Bds.
61p
360 HK, Wing Oã.
Simu Wing On 4
Vibro Piling
11/3
Marsmans
v. (Loш)
SALT
70 sta
24.
314
Cakl,
£24
„Cald, Blueg. (Pe•f.) S. |
$1.70
$1.80
Canton lees
$16
Cements
$4,70 | Ropes
34
Consolidated
China Prov. (old)....
86.70
China Pruv, new)......
$160
Miscellaneous
$23
Dairy Farms.
$24
Ch. Etainments
$8.34)
#14
Constructiota (old)......
Constructione (now)........)
$8.70 Lane Crawfords.
$8.10
Nanyang Tobacco,
Watsons
ILK. Govt. 4%, Loans
San Mauricio. 45 United Paracales. 31
Chesapeake & Ohio 24
241
Radio Corpri. of Am.
51
6
Chrysler Corpn....... 451
461.
Republic Steel
14
15
Columbia Gas & E. 61
B
Reynold Tobac. "" 371
391
10%
|pm|| H/K. Govt. 51% Loan | $3024.
562
30
35
Marsmans Lux, (HK
W: Powells,
LONDON EXCHANGE RATES
(British: Wireless Service)
+
170 cta
MARKET.
Faris
Oeceva
Bertin Athens
Milan *...
Copenhagen Stockholm Shanghai
New York Amsterdam
Vienna
Prague Helsingfors
21.641 12.30
94-7/16
June 18 178-23/64
June 20 177 15/18 21.631 12.301
94 7/15
"Bucharest
8-14. 4.97-1/16 8.96
4.96 9/16 3.957
142-5/8 2281
1421
· 0721
THE EXCHANGE MARKET
MESSRS. ROZA BROS.
Silver prices rose 1/2 yesterday both deliveries, the quotations be- ing 18 15/6 for Ready and 18 5/8 for Forward. Silver advices re- ported some bear covering. The market was steady. Later Ameri can Trade bought to a small ex- tent at the rate for forward de livery. American Silver was quot ed at 42 3/4 for Spot.
The London-New York cross- rate was quoted at 495.36. · New.
Continental Oil..... 291 Corn. Products ...... 657 Curtiss Wright (C.), 4} Cartiss Wright "A" 20 Delaware & Hudson Del. Lackawanna &
Western Deere Co. Distillers Corpn. Bea-
York-London was quoted at 485 Eagle Picher Lead 81 3/8.
The market was very duß.
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.
U.S. DOLLARS
Sellers at 30 7/8 Jane and 30 13/16" July-August, buyers at 33
30 15/16 Cash-July and August-September.
SHANGRAY DOLLARS Sellers at 166 Nominal.
Columbia ""A" pt. 61 Commercial Credit. 31)
62
Schenley
154
153
32
Schenley 54% pf.
63
03
Hong Kong. 2nd May, "1938.
Commercial Solvents 71
В
Sears Roebuck.....
60
60
Commonwealth S.
11
14
Shell Union Oil ....
131
141
BANK OF EAST ASIA.
Commonwealth & 8.
Socony-Vacuum Oli
14
141
LIMITED.
6% cum pf........ 391
46
Southern Cal Edison 217
22
Consolidated Edison 25
251
Southern Pacific
111
12
Authorised Capital ....$10,000,000.00
Consolidated On
+9
.91
Southern Rly (com)
71
74
Paid-up Capital ...
3,588,600.00
Continental Can
401
401
Southern Rly $5 ptd.
114
121
Reserva and Undivided
291
Standard Branda......
71
71
Profits
2,776,238.76
ᎦᎥ
Stand Gas de Mec,
33
31
4
Stand Gas & Elec.
.19
→ $7 pf.
101
20
94
99
Standard On ot N.J. 48
491
Sterling Products
621
65
51
51
Studebaker Corpn.
#
42
171
173
Swift Internations. 251
251
Technicolor.
231
231
grams
Douglas Aircraft Du Pont
121
121
Texas Corpn.
40
401
46
45
Texas Gulf Sulphur 311
311
1011
1038
Tidewater Assoc. O| 13
131
9
Transamerica (new) 91
DI
Electric Boat
7
81
20th Cent. Fox, Film
21%
221
Elec. Brud & Share
78
B
40. Films pi.....
30
30
Elec. Bond & Share
Union
Carbide
&
i
Amoy
$5 f.
47
49
Carbon
684
69.
Batavia
London
Elec. Bond & Share
Qalon Pacific
651 87
Bombay
Maalla
Baggoon
Bigon
Bwaləm Rydały
Calcutta
Malbogens de Pran-
Talbert
$6 pf. Ben. Power & Light 10 Elec. Power & Light
$7 .pf. Flintkote Freeport Sulphur Gen, America Tram Gen. Cigar
51
53
United Aircraft
261
201
Cantua"
stron
Tankla
Halpheor
Sew Tot
destie
101
United Airlines Trans 81
8)
Baskon
maka
Висалг
Tokys Your
United Corpn.
21
27
Honoluli Park
Bangkai
Takākum
Kobe..
37
381
United Corpn. +3
15A
151
cum. pt.
257
271.
25
251
United Gas Corpn. 31
31
381.
40
Un. Gas Tprovem't
91
91
23 *
23
Un. Light & DOWET
21
21
Gen. Electric
36
361
UB. In'trial Afcphe! 172
181
од
approved BWATOW ·
Current Accounts opened in Local Currency and Fixed Deposits re
Gen. Foods
291
30
U.S. Rubber
29
291
7/B
Gen. Motors
31
321
US. Rubber pf.
661
67+
Gen. Rallway Signal 152
17
US. Smelting........
61) 601
The Business of the above Bank
plete Foreign Banking Service
is conducted by the HONG KONG An American Bank offering com-
SHANGHAI BANKING COR- PORATION. Rules may be ob
ained on application.
For the HONG KONG & Shanghal
BANKING CORPORATION...
D. C. Edmondston,
Acting Chief Maniger.
Head Office:-HONG KONG
No. 10; Des Voeux Road, Central.
Board of Directors :---
Sir Shouson Chow, Chairman Li Koan Chun, Esq. Li Lan Sang, Esq. P. K. Kwok, Esq. WongChnson, Esq. Wong YouTong, Esq. Kan Ying Po. Esq Chan Ching Shel. Fung Ping Wah, Esq.
Esq
Kan Tong Po, Esq, Chief Manager. Li Tse Foug, Esq., Manager.
Branches and Agencies -
Kowtooa Finang.
Pelping Engsport
Bouribay's
Every description of Banking |
the world.
in the principal Markets of Interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by TEL CHASE NATIONAL BANK, New Youx, with Resources over 1.5. $2,500,000.000.
D. M. BIGGAR,
Hanaper.
BANK OF CHINA
Specially Chartered by
THE NATIONAL GOVERNMENT,
OF OHINA AS AN INTERNATIONAL EXCHANGE
#
BANK
PAID-UP CAPITAL...$40,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerous Branchem in China and connections in the Principal. Commercial Centres of the World, we sis able to extend to our Clients' special facilities for Domestic and Foreign Banking an. Exchsags.
Head Officer SHANGHAI
Hongkong Branch:
+
4. QUEEN'S ROAD, 0.
South China Officer:
and Exchange business transacted CANTON Loans granted securities.
KUNGMOON TOISHAN
SHIUCHOW KINGCHOW
We also handle the issue of Bonde
ceived for one" year__"af","shorter and cther Public Furids, of the periods in Local and Foreign Cur Chinese Government both at Home roncies' on terms which will be
Glidden Co.
172
181
U.S. Steel
451 401
quoted on application.
Godchaux
Bugar
Vanadium
151
101
Safe Deposit Boxes To Let
Class "A"
Warner Bros. Pict....
43
5
KAN TONG PO,
Hong Kong
Goodrich (B.F.)
13+
132
Westinghouse
Elec,
801
Chief Marger.
and Abroad.
SHOU J. CHEN
Manager.
801
Bombay
Montreal
Brussels
Yokohama
SHANGHAI MARKET
Goodrich $5 pt.
35
381
Woodward Iron Cor.
134
-140
5.01-9/18 29.233
5.001 29.201
Nominal."
Goodyear Tire & Co. 181
101
Sellers
Buenosaires
Monte Video
Rio ......
dülver (Forward)
Silver (SpoŁY
War Loan
18.081
1900
Great Northern Rly, 153 Great Western Sugar 281* Greyhound Corpa Hecker Producta'
20
204
18
18 3/16
ON LONDON:-
18-3/8
18-11/16 31% 1017.
Closing Quotations
June 28, 1938.
Telegraphic Trauator... LUA Bank Bills, on demand, 7/31 Credits, 4 months' pight 1/3.1/29
ON SHANGHAL
On demand
Om Singapore:......... .
*On demand
33% 101 13/18
UN NEW YORK:—
Bank Bills, on demand 301
days light.
OR BATAVIA!--
SEVERE METHODS
TO SUPPRESS JEWISH TRADING
Berlin, June 22. Dr. Joseph Goebbels, Minister of Propaganda, announced last pight that severe methods would short- be adopted to suppress all Jewish businesses in Germany, (Reuter),
REICHSMARK QUOTATIONS
Berlin, June 23, The Reichamark was quoted, without quarantee, at:
On demand
05-5/18
ON PARIS:
Bank Hills, on demand
1,095
Credits, 4 months' fight
1,180
ON SALGON:-
On demand
108)
ON MANILA-
New York, 40.40.
On demand
.81+
Paris, 1447...
Amsterdam.
On demand
149%
London, 12.302. ⠀
Sovereign Notem
Bank Buying Rat
1/2-1/84 18-18/20
ON JAPAN:-
On demand
Telegraphie Transfora
Baak, op densAL
ON BANGZOE:-***
72.80 to 72.85.
Paris Aterling, 171.90 to 177.95. Paris US Dollars, 3585 to 35.83. -(Transocean)
}
PHILIPPINE MINING NEWS
M
MINE FACTORS, INC. minted of the firm report. It was report- 1.800 tons of manganese ore during ed that three important veins in
during the being developed. May.
AMALGAMATED MINERALS is The Alas vein, Bylo and Baca loading around 2,100 tons of man- veins are reported to be getting ganese and copper bres at southern wider and wider an the work ad- ports on the Susans..
vanced MINDANAO MOTHER Lode The mine superintendent sug- Mines, Inc reports that 4,759 jours gested to the management that of ore were milled during May from with an expenditure of about FB.- which P14,231.16 in gold and silver 000 a month, ore blocking can be was produced. CAT annen started, and in six months, ore,
MAMBULAO CENTRAL Mining worth 400,000 can be blocked out. Company, Inc. is doing intensive The estimate is based on an aver- development work on the Catbatbal age value of P10 per ton and an group with good results; ómdals | Average width of three feet.
REORGANISATION
IN HUPEH
ASBESTOS
The most important of the non- metallic minerals produced in The Central authorities, moving Quebec is asbestos, of which this to meet the emergency arising province is one of the leading from the imminent extension of world producen A new record hostilities into Hapeh province, for the production of this mineral. have completely reorganized the in Quebec was set up last year at Hupeh Provincial Government, 410,028 tons valued at $14,805,700. says a dispatch to the Morning In 1920, when prices were excep- Leader.
Lonally high, the value of asbestos Apart from appointing the Vice-produced in Quebec was $14,749,000 - Minister of War and concurrently but the volume for that year was Garrison
of. Commander. the only 179,891 tons. Asbestos, pro- Wuban cities. General Chen Cheng, duction in Quebec in 1936 waa to the chairmanıhip of the ad-301,287 tons valued at $9,953,000. ministration in succession to Gen- eral Ho Cheng-chun, the Central Government is reported to have designated Mesars, Yen Li-san, Hsu Fu, Shin Ying and Tao Hi- sheng as Commialeners of Civil Affairs, Finance, Reconstructi and Education, respectively.
According to the same, report. - Mr. Liu Keb-shu, will serve as Becretary-General of the re- organized provincial government.
A Job?
Consult
WANT ADS
Youngstown
Sheet
77
& Tube
32
34
26+
Chase National BK 291* 291*
91
87
7
National City Bank - 244* Call Money
241*
1 ex. div.
10% -
1%
• bid.