$12
DAILY SHARE QUOTATIONS Hong Kong Stock
Exchange
Sharebrokers'
Association
Dayute
Axles Mallor
Nomina
#48)
18.20
TUESDAY,
DEC. 28.
Banks...
Chartered Bank -
Ruysch
Ales
Nomina
$1,450
H.K. Banks
£80
Wo. (Lop-lon
18
£33€
Marcantile ks, "A".
***
£15
Doi
$1,443
280 212 £39 £15
180
Baik Lf East AÅ HER..
+77
N. U. & S. Back-
33
Insurance
1970
Career ResIMOGEN..
Union Insuranom .........
1870 $610
11
Underwritersp
235/230
H.K. Fires.
·9210
International Anscq 3.
Douglases. 1484
Bbeambabe
$8.90
$61 143
Indo-Chinas (prof.)
161
Do. (def.)
98/9dShella
443 100%-
$9.30
Waterboca
19.30
Mining
17/3
Kailans
171
Raubs
$5
Venezuela Grid Pida.
$17/3
$8
13 oto.
"Hongkong Mines.
Shipping
Docks, WhareOS,
Godowns, etc.
$113
r.K. & K. Wharve--
$1.0
19
Pravalents (olir ! #180
Do.
(new) 10 età. 90 ota,
193
ILK. & W. Thacker $26 Sivangnai Dock
S.
1100
New Bugnasoeings. 8.)
$3.
(3)
$100
Lands, Hotels, and
tie dings
H.K. Hotels....... .K Landa.......... D4 Debentura
Shanghai Lands Metropolitan Lands... H.K. Realties......... China Du...... Da BabontureĖS. Humphrys ...........
China Exte
Cutton Mis
Shat Cottons(old)S.
$8
$86
$12
Ewou
360
*
魚
189
По
(DOW).
Zoong Singe
137
Wing On Tortifos(S)
Ewo Cotton Rta, S.
Pabila Dulltim
$13
•r
17
Poak Trams (vid).....)
Do. (new)...
Star Ferries |
$24
Yaumati Ferries
គន្លឹះ
5
#31
$102
83.70
HONG KONG DAILY PRESS WEDNESDAY, DECEMBER 29, 1937."
ASIA LANDS
SHOW LOSS
Japanese Blockade Responsible
The sixth annual ordinary gene- rai
meeting of shareholders of Asia Lands Limited, was held at the Mercantile Bank Building yès- terday when the Chairman re- marked that the Company's main source of income had proved `very disappointing. due to the almost complete cessation
revenue caused by the Japanese blockade. with the result that the accounts for the year again show a loss; $66.135.
of
There were present at the meet- ing Mr. L. Kadoorie. (chairman), Mr. G. Miskin and Mr. J. Fleming. (secretary).
The chairman said,-Before com- mencing the business of the meet- ing. I must refer to the death since the last meeting of our lamented colleague on the dirge- torate, Mr. Ko Leung-hoe. He was an original director of the com- pany and his knowledge and ex- perience were invaluable to the board, I feel sure the sharehold- ers would like to be associated with the board in
2 message of sincere condolences to the bereav- ed family.
ANNUAL REPORT Presenting the annual report, the Chairman said. The main source of our income, the com- pany's wharves,,, has proved very
with disappointing.
the result that the accounts for the year again show a heavy loss. There had been indications at the be- ginning of the year of a slight re- vival of interest but unfortunately no business materialised. Apart from the burden $34
of depressed trade, the company has now to face the almost complete cessation
1122
ི༔ ཚ
13 10
580
523
of revenue from the use of the wharves arising out of the com- plete disruption to river shipping caused by the Japanese blockade, and two of the steamers of Chinese
89.80 Chins Lights (old)...... $0.40 | $4.65 | X rte. X dir. Registry which had used our wharf
$1.10 501
4.10,2
$10
#14
120
59
22/9
13/-
$1,70
$12.40
53.80
$23
Do. (new)...
Do.
Ru.. $4.80
H.K. Electrics $50
Macać do.
Sandakan Lights «.... |
Telephones (old)
Do. (now)]
China Buss.........5.
Tractions,
Do.
(pref.)......
Industrials
Canton Icas
emon GA
Rupes
Miscellaneous
Dairy Farma........ Ch. Etainmont.......
Constructions, (oldi)
Do.
་་་
**
(LOW) 96 cta.
*
$26
$9
$9/8
$1.70 $12 21.80
123
$8.40
ST
"18
Lane Crawfords.....
Nanyang Tobacco...
$71
$4
$1.4
Watsons.....IUR.
$42
S. C. Enterprises
764% Cu..61925G Brix.
73%
pren., 6%
prem
工程
Ռու
31%
$104 $1013
Wallace Harper
$40
B.K Wing Oo
$40
S'hat Do
$54
$6
21/-"Maracans i v (Loa.
4/0
76 ctx. Win Powa!lu
(HK)
HK. lost. 4% Loansi
Vibro Piling...to..
*Sales to Shanghai
LONDON EXCHANGE
RATES
(British Wireless Service)
Dec. 21
Parts
147-0/84
Dec. 22 147-11/84
Genera
22.801
21.601
Berlin
12:401
12.401
Athena
Mulan
05
95
Copenhagen
Stockholm
Shanghai
New York
Amsterdam
Vienna
Prague
Madrid
Lisbon
Hong Kong
Bombay
Montreal
Brussels
Yokohama
Belgrade
Monte Video Rio
Bucharest
Silver (Forward) Bliver (Spot) War Loan
Du. LONDON:-
5.001
8.99
4.98-13/16 8.937
142
4.99-27/32
29.42
5.00% 29.431
20
26
11
181
18-9/16
31% 101-11/16
Closing Quotations .
December 19, 1937.
Telegraphic Transfer..
Bank Bille, on demand }/**
Dradita four" months'
night
On Bramanat:-)
On Demand
O NEW YORK:—
***
76 et.
18-11/15 184
31% 101-11/18
til September have since then been laid up, I belleve, at Sam- shulpo.
DULL PROSPECTS Unitil "the cessation of Sino- Japanesc hostilities,,, which rumour states threaten to extend to South China, the prospects of revenue are very dim.
The extremely severe typhoon of September 2 wrought serious damage to our wharves. particu- larly the Ring Kee Wharf, but I am glad to state that the loss was fully covered by insurance, Op- portunity was take to put in hand replacements other than typhoon repairs, and the wharves are now In a sound condition.
Bank Bills, on demand 2015/16) Oredita, 80 days' night. 31 7/16
ON BATAVIA:-
.......... 55)
Bank Bills, on demand 9 o Credits, 4 month's right 970
On demand
OX PARIS:-
1/3h
1042
OM BAIGON
On demand ........
581
OS MANILA:--|
OF BANGKUK¡—
On demand-
INDIA:—
On demand ......
Py Starost--.
On demand
ØR JANK !—
Ön dicerad s
001
2011.
149)
bank, on demand.
Börarston.. Bank Baying
adores no comma 173 1/22 Ban Artwem, DNE OBL mar 18 7/10
As a welcome contrast, I am glad to be able to report that our house properties are all fully let at rea- sonable rentals.
I do not think that there are any comments that I can usefully add, and I now propose that the Report and Statement of Accounts. as presented, be adopted. When this has been seconded, I shall be pleased to answer to the best of my ability any questions share- holders may wish to ask.
The chairman then proposed the adoption of the Report and Ac- counts which was seconded by Mr. Miskin, and carried unanimously.
NEW YORK STOCK EXCHANGE
(Through Beater's Service)
New York/London Cross-rabe Now York Cotton-Mar. New York Rubber-Mar. Chicago Wheat -May. Chicago Corn Winnipeg Wheat-May. Silver-Official
1037
High Low Dow Jones Averages 194.40.113.64 30 Industrials
8446 29.18 20 Haile 37.64 10.54 20. UtilitioM 105.88 91.34 40 Bonds
82.44 62.03.11
Auburn Motors
Baldwin Locomotive
$7, cum. pl. g Baltimore & Ohio... Barnsdall Oil ....................... Bendix Aviation Bethlehem Steel Boeing Airplane Borden Co. Briggs
33..
Mfacturing 204 Brooklyn-Manhattan
Trans
Brooklyn-Manhattan
Packard Motors
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 Funds:
AUSTRALIA AND CHINA' Incorporated by Royal Chariar 1833
HEAD OFFICE: LONDON: 38. Bishopsgate EC2
....$10,000,000 Paid-up Capital.
Reserve Fund
Proprietors................................... $20,000,000 | Reserve Llablity of Pro-
Board of Directors. G. Miskin, Esq.;
prietors
$3.000.0 .... £3.000.000
... £3.000.000
MANCHESTER BRANCH: 71. Mosley Street, Manchester
Chairman.
ALON STAR
Hoe. Mr. M. T. Johnson, 93.29,
41
AGENCIES AND BRANCHES:
ILOILO IPOH
KARACHI
Deputy Chairman. | AMBITEAR J. E. Bousfeld, Esq..
K. S. Morrison, Esq.,
Hon. Mr. J. J. Patarson,
A L. Shields, Esq.,
Sir Vandalour M. Graybarn,
Chief Manager.
"Branches:--
Iloilo Peiping
San Fran-
cí500
Lumpur Shanghai London Singapore Lyons
SouraLaya
Malacca Sungei
Patani
Tientsin
Hankow (Johore) Tokyo
Harbin Mukden
Tsingtao
Hongkow New York Yokohama
Current Accounts opened in Local Currency and Fixed Deposits received for one year or shorter periods in Local Currency and Sterling on terms which will be quoted on application.
Also up to date Safe Deposit Boxes in various sizes To Let. Hong Kong, 12th May, 1937.
BANGKOK
+
BATAVIA KLANG, BOMBAY KOBE..
CALCUTTA KUALA CANTOX CAWNPORK
CRU
LUMPUR KUCHING,
MADRAS
COLOMBO MANSLA DELET
ΔΙΠΟΥ SEMARANG
SEREMBAN SHANGHAI
ФИСАРОКА
SITIAWAN BOURADAYA TAIPING
*(Bhuket)
· TIKK:SIN TONGÉAN
MEDAN
HAIPHONG
NEW YORK
TRINGTAO.
HAMBURG
TOKOHAMA
BAXICW
HARBIN
PRIPING
(Paking) samIDANGA
PENANG
HONG KONG KANGDON
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and Fired DepoSITS received for One Year or shorter periods at raken which will be quoted on applica
tion.
་་
The Bank's Head Office ià Loa- don undertakes Executor & Trustes business, and claims recovery of " British Income Tax overpaid, on terms which may be ascertained. st any of the Agencies and Branches.
E. W. ROBERTS,
Manager.
QUOTATIONS
Now York: December 29.
Last High Low Close
4.993 8.37 8.31 8.39 15.17 16.18 15:30 93
Today'
Close Changi 499-11/16 1/16 up 8.32
01 of
Sterling
£8,500,000
- 15.17
13 of
Hong Kong Currency
92 82
.8x+
1/3 up
Reserve
HAY
69
12 up
Reserve Liability of
1172 1414
clound
unch.
Head Office: HONG KONG
Dec. 25,
High Low Close
197.36
31.49
31.17
19639 19:196–123,45
31.81 - 30.43 +9198 20.48
Change. 3.91 of
30.18 20.48
1.30 off
93.56
Commodity Index 87.88
TE
63.84
·Business Done:−1,360,000 shares.
61 of 47 of .ut off
A. H. Compton, Baqa
Stocks Adama Express Allis Chalmers Amer, Can
*
41
Dec. 24 27
Stock+
91
.82
497
471
AL SHIS Dec. 24 27 Great Northern Riy. 24 23+ Great Western Bugs:
S. H. Dodwell, Esq.,,
J. R. Mason, Esq.,
27
*
74
721
Holly Sugar Corpo.
-
T. E. Pearce, Esq.,
A Car & Foundry Amer. Cyanamid Amer. & For. Power Amer. For, $7.pf. Amer. Locomotive Amer. Metals..... Amer. Radiator
Humble Oil
48
671
221
221
Int. Nickel
487
443
4
33
Int. Tel & Tel
71
211
191
Int. Dept Stores
10
91"
4.
21/
3DA
Kennecott Copper
381
361
33
30
Lambert Corpn.......
11
103
Amoy
121
121
Loew's Inc.
Bangkok Ipoh
Penang
48
481
Batavia
Jabore
Rangoon
Amer. Rolling Mill.. Amer. Smelting
19+
183
Lorillard
181
16
Bombay
Kobe
Saigon
491
482
McIntyre Porcupine
-
Calcutta
McKesson & Robbins. 31
291
Canton
Kowloon Kusis
Amer. Steel F'dries.
"241
241
Amer. Sugar ...
Monsanto Chemical $6
841
Chafoo
1471
1453
Amer. Tel... Tel.....
Montgomery Ward
341
Colombo 321
Dairen
Amer. Tobacco "B"
619
80
Murray Corpo.
121
117
Amer. Waterworks ...
Nat Cash Registor
161
151
Foochow
Anaconda Copper Atchison, T. & 8. F. 381
324
30+
Nat Dairy Products
13
137
36
Nat Distillers....... 201
201
Hamburg Muar
Haiphong Manila
Atlantic Refining
Nat Power & Light
71
71
Atlas Corpn. ..........
Bj
New York Central ...
181
173
31
Niagara Hudson P.
Corpn.
61
-]
72
North American
91
81
Northern Pacino ......
11
101
Pacific Gas & Elec. Pacific Lighting
27
271
371
361
41
Paramount
10
Pennsylvania RR. Phelps Dodge
234
211
Phillips Petroleum
40
381
Public Service of NJ $21
32
HONG KONG SAVINGS BANK
-Pullman Inc.
11
Pure Oil
11,
Radio Corpn of Am.
61
Republic Steel
187
171
Reynolds Tobac, "B"
434
42)
St. Joseph Lead Co.
381-
261
241
Schenley
714-
743
Schenley 61% pt.
Bears Roebuck
624
572+
171
17.
Shell Union Ou
151
151
Bocony-Vacuum
22
211
Southern Cal Edison
73 -
201
197
Bouthern Pacific ....
131
12)
Southern Kly 5% pl.
BANK OF EAST ASIA, LIMITED.
Blad Brands
71
73
Stand Gas & Elec.
41
41
"
$6
Stand · Gas & Mec.
Paid-up Capital
5,598,600.00
25
24
Reserve and Undivided
$7 pt.
221
87
Standard On of N. 48 Sterling Products
442
Froste......
2,776,798,76
51
541
Swift International
234
23+
Technicolor
177
17
HEAD OFFICE:-Hong Kone No. 10, Des Voeux Road, Central.
•
Texas Gult sulphur
27+
#
.15
141
151.
Tidewater Assoc. Oil Timken-Detroit Axle Transamerica
11
11
201
24
20th Cent. For Films 20th Cent. Fox Films
pi
20+
201
261
Un. Carbide & Car-
bon
751
Un. Pacific
.87
73) 85
United Aircraft
201 241
port
72
7
Amoy" Baaris
Bombay Mardia
United Corp. ******
34 .31
Caloutta
United Corpa
Batphung
cum pf.......
314
301
Hankers
Unca Koncluía Parla
Un Gas Iprovem't 104
10
Kabe
Paplay
424*
Un. Light & power
"A"
33
31
18
88 Industriali Alco-
bol ............
21
201
23
US. Rubber .....................
25%
231
421
US Rubber #8 pf.
514
49*
31
US. Steël
597
561
Gen. Motora .....
31
Vanadium
162
157
Gen. Railway Signal 221
21
Warner Bros Pict
B
et
Foreign Currencies on terms which
Gillette Safety Razor
21
142
471
172
Westinghouse Elec. 107 Youngstown Shee!
& Tube
427 Chase National Mk 301* National City Bank 2511 Call Money ...
1024
will be quoted on application, ".
381
297*
25 *
1%
1%
* Bid
16 cum, pí. ........ Case, J.L
Canadian Pacinc Celanese Corpn. of
America
Cerro de Pasco ...... CertainTeed P'ducts
Chesapeake
Corpa
Chesapeake & Ohio 357 Chrysler Corpa. Columbia Gas & EL Columbla 6% "A" p. 73 Commercial
Credit 337 Commercial Solvents Commonwealth & S. Commonwealth
cum. pf: Consolidated Edison Consolidated Oll.... Continental Oil Corn. Producta Curtiss Wright (C) Curtis Wright "A" Delaware & Hudson 16
Del Lackawanna &
Western
Distillers Corpn Sea.
gramm
Douglas' Aircraft Du Pont
Electric Boat
142 877 = 7 36 83--5~~ @7--5-76 - friz* * að *
1:ཀློ ཨྰཿཨྰཿཀྰ༔ ཚ e ཤྲཱ #ཨྰཿབྷཱ©ed# ནྷཱནྡྷགྷཊྚཏྠཝཙ ཝེ ཙྭཙུཊྛཱ རཱྀ ཆོོ ཨྃ ལྔ a3 ནཱཡྻ
1171
Elec. Bond & Share 10 Elec. Bond & Share
35 pf..........
Elec, Bond' Share
$6 pl.
Elec Power & Light Elec Power & Light;
$7 pt.
Firestone Tire & R Flintkoté
The proposal by Mr. Miskin that
Gen, Asphalt.... Mr. J. Fleming's appointinent as director be 'confirmed, and that Gen. Cigar
Gen. Electric Mr. L. Kadourle, the retiring direc- tor be re-appointed, was carried unanimously.
The re-appointment of the re-
auditors,
Percy tiring
Messrs. Smith. Seth and Fleming at the same remuneration as before was also confirmed at the meeting.
H. K. STOCK
EXCHANGE
YESTERDAY'S
OFFICIAL
QUOTATIONS
Gen. Foods
Glidden ......... Gold Dust Goodrich (Br.) Goodrich #5 pf. Goodyear
113
541*
53 *
Un. Airline
$3
1 ex. div.
The market closed at 1 p.m. with
THE EXCHANGE sollere at 31 1/4 December and 31
MARKET
MESSRS. ROZA BROS.
Bliver prices dropped 1/16 over the holidays for both deliveries, There is nothing of interest to the quotations being 18 7/16 for report in the market.
BUYERS Douglases, $48).
W
H.K. Steamboats, $8.20. HK,Steamboats, $8.20.“ China Lights Rights, $4.10, Entertainmenta, $5.' Electrics, #501.
SELLERS
Providents (New), 20 cts. HK Mines, 13 cta. SALES
Bpot.
The London-New York cross-❘ rate was quoted at 499.80, New York-London was quoted at 499. 11/16.
Quiet.
MARKET
STEBLING
3/16-January-February, buyerä at 5/16- Cash, 31 1/4 Janucry-Febru- ary and probably 21 3/16 March
SHANGHAI DOLLARS Sellers at 106 3/16, buyers at 106 1/4 for Bpot. A small transaction was reported at 106-3/16 for spot. SHANGBAT MARKET There were sellers of Sterling at 1/2 11/64, buyers at 1/2 3/16 for Bpot. US. Dollars, sellers at 20 ∙17/32. buyers at 29 9/18 for Spat.
IN THE AFTERNOON The market was quiet in the afternoon and no business was re- ported.
STERLING There were sellers at 1/3 Decem- The market closed with sellers ber-February and 1/2 31/32 at 1/3 December-February and 1/2 March-April, buyers at 1/3 1/32 31/52 March-April, buyers at 1/33 Cash-February and 1/3 March-higher respectively.
April |
US. DOLLARS
HK Fire Insurance, $235/230.
Union Insurance, 1505.
'China Lights Rights, $4,10/20.
MA U.S. DOLLARS
HE Business of the abors TBank is conducted. By the SHANGHAI HONG KONG & BANKING CORPORATION, Rules may be obtained on application.
For the HONG KONG & SHANGHAI
BANKING CORPORATION.
V. M. GRATBURN,
Chief Manager. Hong Kong, 1st March, 1937.
Authorised Capital ... 10,000,000,00
Board of Directors:—
Sir Shouson Chow, Chairman Là Koon Chun, Esq. Li Lan Sang, Esq. P. K. Kwok Esq. WongChubon, Esq. Wong Yun Tong, Esq. Han Ying Po, Esq. Chan Ching Shel. FungPing Wah,
E84.
Kan Tong Pu, sq., Chief Manager. Li Tse Fong, Esq., Manager.
da dan
Branches and Agencies ---
Kowloon London
Melbourna
Magnaski
Penang Bancooo
Bourabay Bwatom
Salgon Bydney
BRA
Triboka
sisos Tintain New York SoGEÏN Tokyo
Semarang Vancouver Yokohama Shanghai
Every description of Banking
"
THE CHANK MANK'
15, QUEEN'S ROAD CENTRAL
HEAD OFFICE:
18. PINE STREET,
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
This Bank is entirely owned by THE CHASE NATIONAL BANK, Now Yost, with Resources over U.S. ́$9,500,000,000.
D. M. BIGGAR,
Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GÖVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
PAID-UP CAFITAL...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 and Exchange.
31
Head Office: SHANGHAI Hongkong Branch!
4. QUEEN'S ROAD. C.
South China Offices":
CANTON SWATOW spproved SHIUCHOW
and Exchange business tranzacted. Loanis securities.
granted..... on
Current Accounts
opened" in
KONGMOON
TOISHAN KINGCHOW
We also handle the issue of Bends
Local Currency and Fixed De and other Public Funds of the posite received for our your ar Chinese Government both at Home shorter periods in Local and and Abroad.
Safe Deposit Boxes To Lok,
KANTONG PO.
-Chief Manager.
A.K. SHAREBROKERS' ASSOCIATION
BUYERS
Underwriters, 1. Douglases, 484. Steam boats, ́$8.20, Providents (Old), $1.85. Providents (Old), 10 eta, HK. Docks, $26. Hotels, $4.90.
Traria, $1270;
Chinu Lights, $9.60. China Lights Rts., $4.23. Electrics, $504.
Cements, $12,... Constructions (New), 95 cts.. Vibro Filing, $6. Antamoka, 78 cts.
SALES Providents (Old), $1.90; China Lights Ets., $4.20
The market closed with sellers at buyers at 31 5/16. Cash, 31-1/4 Some business was done early in 31 1/4 December 31 3/18 Janu-January-February and probably 31. the morning at 31 1/4 for January.ary-February and 31 1/8 March, 3/18 March.
SHOU J. CHEN «
Manager
THE YOKOHAMA SPECIE BANK.
LIMETED.
| Capital (fully-paid up)
Reserve Fund...
Yau 100,000,000 NO Yen 134,400,000.00
HEAD OFFICE:-YoroBaxa
BRANCHEN ANd Agrxcim: at: Alexandria Honolulu
Bangoon
Bangkok Hsinking Bio do Karachi
Betaria
Berlin Kobe Ban Bombay London Francisce Calpatia Los Angeles Seattle Canton Manila SemaTADE Dairen Moji *** Shanghai
(Dalny) Nagasaki Singapore Fengtian Nagoya Soerabaya.
(Mukden) New York Sydney Hamburg Osaka · Tientain Hanko Otazu. Harbin Paris
;
Hong KongPeiping
Tokyo Tsingtao Tinkow
Interess allowed on Current Ae- conals. W
|
Deposits received for Fixed Perióda si races to be obtained on application...
Y. KANO,
Manag
Hong Kong, 11th Sept., Bay.
*
No comments yet.
Private notes are available after approval.