$3
199
32
$42
Wing On Textiles (8.)
Public Utilities
#17
Trainways.........
Pear Trama (old)......
161
$3
Feak Trams (new).......
9721 SLAF Ferring
59.35
SEPT. 19.
Banka
H.K, Banka
Da, (Col. Reg.) ................. Da. (Loa Bog)................. £10 Chartered Banks.... 39 Macsatis Bka. "A" 213 Mercantila Bka. "C"
Bank of East Asia...
N. C. & 8. Banks....
*Insurances-
Canton Ingu BIOREA
Union ImurSEČNO DO
Kinderwriter), *****
1995 HE. Fires
#201
$60
Shipping
Douglases 2
Steamboats -----
Indo-Chinas (Prat.)....
194 Indo-Chinas (Del.} 84/4Shells
19.10 Waterbonia
Mining
16/6 Kailans "ka
39.70 Raub ......
Venesuela Gold Fids. 74 cta, Hong Kong Mines...... Docks, WharTOS,
Y...
$128
$61
Godowns, ole.
H.K. & E. Wharves...... Providenta (old)..
Providents (new)................. BIBH.K. & W. Dooks.... $19❘ Do. (new).. 3175 Shanghai Docks 8..... $3.90, New Engineerings 8.
Lands, Hotels, and Building
$4.80 H.K. Hotels. $37 H.K. Lands....... 8. $107) Do, 4% Debentures. 40 Bhanghai Lands 8. $5.70 FLK. Baihien viser, $10
Humphreys...
Chinese Estates
Cotton Mill
$17) Ewo (8.)
390 Bhai Cattons (8.).......
Zoong Sings (8.)
14 Y'ati Ferries C.B.$
$20
Do.
(now
$1.00 China Lights (old)..... 38ins Lights (new)..... -469 H.K. Electrica.....
$173acao Electrica
Sindakan Lights
$16 Telephones (old)..
19,45 Telepliones (DFW)..........
20/3 Tractions
257 Tractions (pref.)
September and 1/2 31/32 October Amer. Locomotive January, buyers at 1/3 1/32 Cash Amer. Metals...... October and 1/3 November Amer. Radiator...
January.
U.S. DOLLARS " There were sellers at 29 15/18 September/October and 29 7/8 November December. buyers at
30 1/18 Cash (September and 30 October/November.
SHANGHAI DOLLARS 170 1/2.
SHANGHAI MARKET
opened Sterling
at 8.23/32 sellers' for Spot. Rates touched 8.25/32 receding subsequently to 8 3/4 and 8, 45/64. The market closed with sellers at 3. 23/32 for Spot.. U.S.$, opened with sellers at 17. 7/16, touching 17. 1/2 later. The last available rate was 17.7/16 sellers for Spot,
THE AFTERNOON
Conditions in the afternoon con- tinued to be extremely quiet.
STERLING
The market closed with sellers at 1/3 September and 1/2 31/32 October January, buyers at 1/3 1/32 Cash /September and 1/3- November /January.
US, DOLLARS, The market closed with sellers
at 29 15/16 September /October and 29 7/8 November December. buyers at 30. Cash October and 29 15/18 December.
Amer. Bugar R'ing – Amer. Tel. & Tel Amer. Tobacco B Amer. Waterworks ... Anaconda Copper ... Atchison. T. & §. Auburh Motors Baltimore & Ohio... Barber & Co....... Barnsdail Cl!.............. Bethlehem Steel Boeing Airplane Co. 211 Borg-Warner ........ Briggs M'facturing. Brooklyn-Manhattan Trana................. Brooklyn-Manhattan
$8 eum. pt.
Chesapeake & Ohio Chrysler-Corpn....... Columbla Gas & H. Columbia 6% "A" pf. Commercial Credit. Commonwealth & 8. Commonwealth & 8.
8% cum pí. Consolidated Edison Consolidated
PAGE 12-HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock
Exchange
Buyer eller
Baina
.Nominal
$1,426
Add
296
$8071
$500
32
MONDAY,
Sharebrokers'
Association
'Buyers Bellera
Below #ovalsa)
!!!
THE EXCHANGE MARKET
MESSRS. ROZA BROS.
Silver prices rose over the week- end to the extent of 1/8 for Ready and 1/16 for Forward, the quota- tions being 19. 9/16 and 19. 5/16 Silver advices re- respectively. ported the market as being steady. American Suver was quoted at 42 3/4 for Spot.
The London New York cross- rate was quoted at 480. New York London was quoted at 479. 11/16.
Quietly
MARKET
steady. There Was
hardly anything doing...
11 I
FINANCE
NEW YORK STOCK EXCHANGE
1958
(Through Renter's Service)
QUOTATIONS
High Low Dow Jones Average, 143.67 98.95 SO Industrials
3277 19.00 90 Rall 250, 16.14 20 Utilition
Bonda 9270 83.39 40
די .
TUESDAY,
SEPTEMBER 20, 1938.
Sept. 18, 1838. Sept. 10. High Low Close
134.83
24.67
17.94
86. 0
58.00 45.09 11 Commodity latex 47.53
Chang 193.87 131.03 131.83 3.03 of .68 of 24.42 2371 24.01
66 o 17.5 17.8 17.84
.17. ok 66.42 unquoted Busings Dono:-740,000 shares.
STOCKS
Adams Express
Last Sale Sept. 16 17
10
ВТОСКА
Alleghany Steel Co. 161 Allis-Chalmers
9. 16
Last Sale Sept. 16 17 Great Western Sugar 261*. 281 Greyhound
Carpa 142
Authorised Capital
141
451
45
Hecker Products
71
61
***
Reserve Funds:
Amez, Can ......................
951*
Int. Nickel' .... +3
471
457
Sterling
...£6,500,000
STERLING
There
were
sellers
i.
Amer. For, Power
31
3*
Int. Tel & Tel. ......
7
7
et
1/3 Amer. For. 1 pt.
14'}
14)
Kennecott Copper... 391
394
H.K. Currency Reserve $10,000,000 Reserve, Liability of
18
151
Libbey- Owens- Foro
Proprietors
31
30
Glass
47
451
141
131
Lockheed Aircraft
123 12
Head Office:-HONG KONG
Amer. Rolling Mill, Amer. Smelting
161
15
Loew's Inc.
481
46
451.
42,
'Martin, Glen L......
191
18.
221
20 *
McKesson &
Rob
Hon. Mr. J. J. Paterson,
1371
1351
hina, 13 pt.
311
311
43
817
801
Monsanto Chemical 931
93
J. K. Bousfield, Esq.,
81
Montgomery Ward...
44
43
A. H. Comptou, Esq...
$17 31
311
Nat. Dairy Products 12
121.
Hon. Mr. S. H. Dodwell,"
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONG KONG
BANKS
HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION
$50,000,000
Issued & Fully Paid-Up 20,000,000
AUSTRALIA AND CHINA Incorporated by Royal Charter, 1855
HEAD OFFICE: LONDON: 38, Bishopsgate EC2... Paid-up Capital $20,000,000) Reserve' Fund'.......
Reserve Liability of Pro- prietors......
Board of Directors.
T. E. Pearce, Esq., Chairman.
Deputy Chairman.
£3,000,000. .....£3,000,000
· £3,000,000
MANCHESTER BRANCH:
71, Mosley Street, Manchester.
AGENCIES AND BRANCHES:
ALOR STAR
AMRITSAR
HONG KONG PUNANG ILOILO
RANGOON
291
Nat. Distillers („me
217
211
M. T Johnson, Esq..
BANGKOK
34
31
Nat. Power & Light
51
53
W. H. Lock, Esq..
BATAVIA
G. Miskin. Esq..
BOMBAY
KARACHI KLANG
BURKMZAN
64 61
Nat. Supply Corp. 14
134
BHANGHAI
K. S. Morrison. Esq.,
CALCUTTA "KOBE
SINGAPORE
17
16+
New York Central... 153
144
Hon. Mr. A. L. Shields,'
CANTON
KUALA
SITIAWAN
154
141
N. America Aviation
7
73
D. C. Edinondston, Esq.,
CAWNTORE
LUMPUR
BOUKARAYA
551
*541.
North America Co. 177
167+
201
Northern Pacific
P
8)
37
Acting Chief Manager. CERU
KUCHING,
311
201
"Pacific Gas & Blee
25+
251
"Branches:
311
291
Pacino Lighting .....
36
38 *
Amor
Ipoh
Packard Motors ......
4
4
Bangkok
Johore
81
7
Paramount Pictures
91
9
Batavia
Kobe
Penang Rangoon Saigon
Pennsylvaniä R.R
171
161
Bombay.
27
201
Phillips Petroleum
382
353
Calcutta
** t
Canadian Paciic ....
51
Public Service of N.J.
231
Canton
261
Chefoo
"Case: II. .....
801
08
Pure O
91
Colombo
281
26
Radio Corpn. of Am.
St
6
Dairen
871
671
Republic Steel
151
154
.
51.
- si
Reynold Tobac. "B" 40
401
'671
46"
: 66. *
Schenley
-15"
144
44
Schenley 5% pid...
70
69 *
1
Sears Roebuck
184
163:
Shell Union On
131
144
Hongke
Peiping
Yokohama..
Iloilo
351*
351
Socony Tacuum Of
13.
121
241
231
Southern Pacije
∙144
134
81
B+
Southern Rly $5 pid.
147
14
thenth! Can Cantthental O
39
381
Standard Brands
61:
281
271
Stand Gas & Elec.
21
22
SHANGHAI DOLLARS
Corn. Products".... Curtiss Wright (C) Camisa Wright "A" Distillers Corpn. Sea-
Krams
07.
·817-
Standard, Oll of N.
51.
501
41
41
Stone & Webster
8:
received for one year or shorter periods in Local and other Cur rencles on terms which will be quoted on application.
Kowloon Kuala
Sall #
Francisco
Lumpur Shanghai
London Singapore Lyons Sourabaya Malacoa Sungei
...Patani.
Focobow Manila
Haiphong Muar
Swatow
Hamburg (Johore) Tientsin' Hankow Mukden. Tokyo Harbin New York Tsingtao
COLOMBO DELKI HAIPHONG MEDAN
(Bhuket)
NEW YORK TELMUTAO, PEIPINO YOKOHAMA
(Peking)
FOREIGN EXCHANGE and General Banking Business transacted.
CUBRENT ACCOUNTS opened and FIXED DEPUSIT received for One Year or shorter periods at rates which will be quoted on application. The Bank's Head Office in London undertakes Executor and Trustee business, and claims re; COVALY of British, Income Tax overpaid, on terms 'which may be
and Branches.
Current Accounts opened in ascertained as any of the Agencies Local Currency and Fixed Deposits
R.. A. QAMIDGE,
Manager.
MADEAS
TALLING
TIENTSIN
MANILA
TONGKAH
HAMBURO
HANKOW HARBIN
*
Industriale
171.
+314
Cald., Macg (Ord) 8.
SHANGHAI MARKET
Douglas Aircraft Du Pont
$13
Cald., Macg. (Prat.) 8.
ci
$1.70
ton loen
31.80
Sterling, B.23/32 and U.S.S, 17. Eagle Picher Leadi
817 Corsets
$170
7/16. both sellers for Spot.
Elec, Bond & Share
$4.90 1
Elec. Band & Share
$5 pt.........
::
Elec. Bond & Share
H. K. STOCK
$6 pt.
Elec. Power & Light
cum.d. $25
$830
EXCHANGE
$7 pt.
Flintkote
$1.90
Gen. America Trans
Oen. Electric
Gen. Motors
$50
$2.05
$7.90
67%
$100
$101
150
$6.40
175 cta
Gen. Railway Bignal
Glidden Co..
Goodrich (F.)......
Goodrich $5 pf.
Goodyear Tire & Co. 251. Great Northern Iron
Ore
the
Great Northern Rly.
6pm
181 18
$4.90 ope
Consolidated
Caine Prov. (old).......
China Pröv, (DW).................. Miscellaneous,
#251 Duicy Farma si
CH. E taldmenta zamanı $1.00 Constructions (old)......
Constructions (now)... #5.70 | Lane Crayfords........
Nanyang
Tobacco
$2.20 Bancard an
$3 Was
871 Ch.0.5% 1925G.$Bde.
{H.K. Cort. 4% Lowes 4pm H.K. Gort. 81% Loans H.K. Wing On ...remnant 8'ani Wing O¤........................... $6.55 Vibro Piling .................................. 13/0 Marsmans Inv. (Lon.) 3/4 Marsman Inv. (H.K.) 76 cta Wia. Powells
*Bales to Shanghai.
LONDON EXCHANGE RATES
Paris ...........
Genera
Berlin
Athens
Milari
Copenhagen
Sept. 17
178-21/64
21,281
11.99
91-3/16
(British Wireless Service).
Sept. 15
178-21/64
21.293
12.02
011..
19.06
19.40
Shanghai
Bid
New York...
4.81
Amsterdam
8.921
4.79-7/8 8.921
Vienna
Prague
0-11/16 226-3/4
870
Stockholmi
Helsingfors
Bacharest
Hong Kong
Bombay
Montreal
Frussels Yokohama
Belgrade
Buenos Aires
Mozite-Video“-
Po .........
Silver (Forward) Sfiver (Spot).
War Loan ở 100 CÁNH
UN LOUDON
1/2 31/32
1.5-15/10 4.831 28.494
1-5d..29/32 4.82) 28.41
LI
214
19.071 20
--- 19.01-
2-15/18 197 19-9/16 901004
Closing Quotations
Beptember 1, 199.
Telegraphis, Translat. JIRK Bank Bills, on demand
Credits, 4 months' sight | 1/31.
OK, SZANGHAI:
On demand
UN SINGAPOR
ON-JAPAN :-
19-5/10 19-9/16
1.ON NEW YORK:-
Bank Bills, on demand 29t Credin; 60-days'- sight–20)-
On demand ON PARIS-
15-2/26
Bank Bilis," on demand -1,095, Predits, 4 months wight 1,180
165 pom
Op demand.
109
On demand
63-8/18 Os Maitā:
- On demand .........****
591
O BANGKOK-
Da demand
1081
On demand locke
149
Telegraphic Transfer..
Junk. 20.
Sovereign Hote
Bank Buring Hate... „Zer Allzer, DIE. OB-
YESTERDAY'S OFFICIAL QUOTATIONS
Whilst trading was within very narrow limits, signs are not want- ing that enquiries would broaden with any improvement in European political crisis,
BUYERS
Hong Kong Bank $1,425. Union Insurance, $507. H.K. and K. Wharves, $128), HK and 8. Hotels, $8.65. Peak Trams (Old), $83." China. Lights (Old), $104. Sandakan Lights, $9.35.
HK. Gort. 4% Loan, 6% pin.
SELLERS
Douglases, $681.
H.K. Steamboats, '$21).
SALES
Union Insurance, $509. HK and K Wharves, $1284. H.K. and S. Hotels, $6.65. China Lights (Old), $10.90. (Prices below in Phil. Currency}.
Antamoks. Ps. :37.
Atoks, 371.
Bagulo Gold, .24.
Coco Grove, 41, 1. X L. 64. San Mauricio, 70. Suyoc, Consol, .171. United Paracales, .32.
FORTHCOMING CONFERENCE
Measures To Be Discussed By Bankers
Shanghai, Sept. 18. The National · Government has
to issued invitatioris leading Chinese bankers for a second national bankers' con- ference to be held shortly in Chungking, according to reliable "report"
#
By so doing, it is further report- ed, the National Government in- tends to hear the effects of the various financial measures taken in accordance with the decisions at the Arst bankers' conference, held in Harkow in June. "
The coming conference will THREE CASES OF cuss the following issues:
CHOLERA
700 RATS IN A SHIP
Unloading Stopped For Fumigation
When the ss. Bomall arrived in the Port of London with a mixed cargo from the Far East, it was stated that 200 rats had been caught during the voyage.
While the vessel was being up- loaded an unusual mortality among the rats on board was discovered, states the annual report of the Ministry of Health.
Unloading was stopped and the vessel fumigated through- oat. "As a result 432 rats were found
When the unloading was, com- pleted the ship was again, fümign dated, and 103 more rats were dis
covered. Tests for possible:plague infection were negative.
Mitigation of the panic in the farming villages through making
The health returns for the 48 loans.
"
hours ended midnight-Sunday Lowering of the prices of agri,
show, three cases of choleta" seven | cultural produce. cases of dysentery, two cases of
Restriction or domestic drafta, ienteric fever and one case each of
Btrengthening of the basis of diphtheria, measles and cerebro- the legal tender. Not spinal meningitis.
EASTERN HEALTH The Health Bulletin of Eastern Ports for the week ending Bebtem- beti 10 reports, as follows! Plague-Bassein 2 cases. Cholera: Cawnpore), 6 Calcutta 19: Madras 1: Macao, 26: Hong Kong 12: Canton 5. Shang- -haj 245;-Bwatow 18
cases;
Small-Pox-Bombay 2 cases: Calcutta 85 Madras 23; Rangoon/1; 1/3-16 Baigon Cholon 3 deaths; Shanghal
- 108/16 | 2 deartis"
Collection of gold and river... Measures to keep legal tender from being withdrawn from cireu- lation in the Japanese occupied areas. International.
· CAPITALISATION JOHIN JAFANY
Tokyo Sept 18. The Bank of Japan has 'an- nounced that the capitalisa- tion by banks and eggsDER": tions during August totallöd Ten 152,800,890, showing 1..
Ten of *** TRYKA*~tucfense'.
1.3.
For a ship of the tonnage of the somall-6,809, grosz-it was stated that about Sp rats would be
donuta!.
131,000,000.compared with July.. The decrease reflects the set- back in war plans. Prominent among the capital increases and the debenture issues during the month were: "
Capital incress-Ven 19,000,000 by the Nippon Cheildo-Physical Industry Company,
Debenture issues-Yen 30,000,000
Also, up to date Safe Deposit Bores in various sizes To-Let.
Hong Kong, 24th August, 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 & SHANGHAI BANKING CORPORATION,
D. C. Edmondston, Acting Chief Monoger.
Hong Kong, 2nd. May, 1939.
THE CHASE BANK
18, QUEEN'S ROAD CENTRAL
HEAD OFFICE:
18, PINE STAZET,
NEW YORK.
An American Bank offering com- plete Foreign Banking Service in the principal Markets of the world.
Interest Rates on Application.
SAFE DEPOSIT BOXES
BANK OF EAST ASIA: This Bank is entirely owned by
LIMITED.
Authorised Capital $10,000,000.00 Paid-up Capital ...... 5,598,600.00
"Reserve and Undivided
Head Office:-HONG KONG No. 10, Des Voeux Road, Central.
Board of Directors:
"Sir Shouson Chow, Chairman Li Koon Chun, Esq. Li Lan Sang, Esq... P. K. Kwok, Esq. WongChaßen, Eag Wong Yun Tong, Esq. Kan Ying Po, Esq. Chan ChingShek,Eng. FungPing Wah Esq. Kau Tong Po, Esq., Chief Manager. Li Tse Fong, Esq., Manager.
Branches and Agencies
Penang London Bangoon
Batavia
Amoy
Bombay Calostia Canton
Halphons
Backw
Kowloon
Manila
--
Bourabaya Swatar
Nydney
Saigon Melbourne San Fran. Tato
Kugusaks
New York
cisca, Melain Besitie
Описа
Li
Semarang Shanghel
Felping
Parit Hoantalu Kobe
Singapore
Tokya Vendo€wer
Yokohama
THE CHASE NATIONAL BANK, NEW YORK, with Resources over- U.S. $2,500,000,000.
D. M. BIGGAR,
Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AB AN INTERNATIONAL EXCHANGE
BANK PAID-UP, CAPITAL $40,000,000.00 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 and Exchange.
Head Office: SHANGHAI Hong Kong Branch:
4, QUEEN'S ROAD, C. South China Offices: CANTON SWATOW
Every description of Banking and Exchange business transacted. 03 approved
KONGMOON Loans granted
TOISHAN securities.
Current Accounts opened in Local SHIUCHOW KINGCHOW
Currency and Fixed Deposits re We also handle the issue of ceived for one year or shorter periods in Local and. Foreign Our Bonds and other Public Fande of rencies
terma which will be the Chinese Government both at
Home and Abroad. quoted on application.
SHOU J. CHEN, Safe Deposit Boxes To Let."
од
KAN TONG PO,
Ohis! Manager.
Manager,
Philippine Mining News
ATOK GOLD Mining Company for the exploitation of its marble directors declared a 10 per cent deposits in Romblon is progressing dividend to be paid on October 1, rapidly.
The installation is being rushed it was learned recently, fo
STA. ROSA: MININGE, COLDANY. 88. NUMarons orders.., from local Inc. reported that its mill treated buyers have been received by the 5,419 tons of one with a total value company but could not be filled sa of P113,143.62 during the month of the machinery has not yet been August, or an, increase of shout completed, P8200 over the production in Jul 1, was declared that, negotis The mill head per ton during signs apps in press with the month was P20.75 compared local American firm for the excla
iye agency to marker the marble with about P17 in Judg
It is expected that production in products of Philippine Marble: in September will again register on the United States."
by the Toho Power Co., Ten increase over the figures for A Recently, the company was able to secure a loan offs out P100,000 20,009,000 by the Nippon Mitro-rust
genoad Fertilizer Co. and Yen PHILIFFINE MARBLE Com from a local banka push ahesa 10-million by the Nakajima Air- pany, Inc., reported that the in- its development work on its marble
„stallation" of "machinery recensary i der craft-Co-International
+
104
184
Swift Internatfangi 261
26
Technicolor
181
17
14
134
Texas Gulf Sulphur 35
34
427
40+
20th Cent. Fox Fims
237
23+
139
127
do.
Puma pf..
32. *
311
97
91
Union Carbide
&
Bi
B
Carton ...........
79.4
77
Union Pacific
801
.79
V
391
45
United Aircraft
241
24
United Airlines Trans
71
591
481
United Corpa. ................
21
21
United Corpa $3
"284
24
cum. pf.
271
277
211
-201
United Gas Corpn.
3
3
45
431
Un. Gas Eprovem't
94
91
39-
377
U.S. Rubber pí.
421 40
431
421
U.S. Steel
821
. THE
184
161
UA Rubb
551
- 537
19
18
Var:udium
171
131
20
19
Warner Bros. Pict....
51
51
50*
49
Westinghouse. Elec. 99
951
24⭑
Woodward, Iron Cor. 163
16
111
111
17
151
Chase National Bk. 284. National City Bank 221"
1% Call Money .....
273*
Profits.
2,776,726.70
211* 1%
ez diy :
• bid.