12
DAILY SHARE QUOTATIONS Hong Kong Stock Exchange
Sharebrokers' Association
Salm [Novelas!
ĮWEDNESDAY.
JAN. 26.
Nayor. Ballore
dale Hemin
HONG KONG DAILY PRESS, THURSDAY, JANUARY 27, 1938.
AL
H. K. STOCK
NEW YORK STOCK EXCHANGE
EXCHANGE
YESTERDAY'S OFFICIAL QUOTATIONS
(Through Beuter's ServICO)
QUOTATIONS
New York: January 26.
$235
$11
$51
143
95.
$8.30
16/3
40 cta.
31,486
[1480/00]
THE SE
$1.40
07
LOH
502:05
16
1270
Banks
H.K. Banks .....................
Bo. (London) ... Chartered Banks... Mercantile Bka. “A”
Do.
Bank of East A180 N. C. & 8. Backs ...
Insurances.
Cauton lustreados.. Union InsuraNOON .......
Underwriters
H.K. Fires....
Shipping
Douglasea
Steambata
Indo-Chinas (pref.)
Do. (dot)
Shell AT ANTUDENT
Waterboati
Mining
Kailang weesocket
laubs******* Venezuela Hold Midn
1 eta. "Hongkong Mines
Docks. WharTOO, ·
Godowns, eta
HLK. & K. Wharvoa.
Providents (old)... 12.32 Da. (now)
40 c. H.K. & W, Docks . Bhaagani Docka. 9. New Earinarius B.
IMPURI
$1,450 e91
219)
829
814
For today's short session the market ruled vary steady, closing with buyers all round but sellers reserved at ruling basis. Prices show an improvement.
New York/London Cross-rabe New York Cotton-Mar. New York Rubber-Yar. Chicago Wheat --May. Chicago Corn -May, Winnipeg Wheat-May. Silver-Official
Trexy's
· High Low Close Close €99-13/18 499) 8.59 8,48 R.60
8.48 15.42 15 27 1491*
Leat
Change"
• 1/16 of
0% off
15.30
.38 up
08/ 051 96 81 1981 1978 1977
4.
1/8 up
801 001.
80
unah.
1247
unch.
unch
E
39
$368
Manila continues to rule frm.
BUTERS
1937 Higt
Law Dow Jones Averages. 194.40 113.84 $0 Industrials
Jan. Bi.
199.89
High Low Close 119 67 37.97 188.33
Chance
$300
64.40 29:91 90 Baile
29.70
29.61 99.14 29.34
$1.40
H.K. Bank, $1485.
$7.54 19.840 Utilition
20.73
20.79 20.38 20,16
1.56 aff 38 off .27 off
Chairman.
Hon. Mr. M. T. Johnson,
1996
$57
$11.30
H.K. Docks, $281.
$01
$43
!!
19.30
10/8
$118
9.374/33 ...
$281
$100
Lands. Hotels, and
Bank of East Asia, $82.
Underwriters, $1.40.
Douglases, $57).
Providents (Old), $2.35.
HK Realties, $4.35. H.K. Trams, $14.60. Peak Trams (Old); $8.
Star Ferries, $36.
Y. Ferries, $24. HK. Electrics, $54. Telephones (Old), $25.30." Telephones (New), $8.60. Dairy Farms, $25. Watsons, 35.40. Shanghai, Cottons. Sh.358. Entertainments, $8.10. Constructions, $11. Wallace Harpers, $31. Marsmens (HK.). 3/9.
SELLERS
106.89 89.57 40. Bonds
69.37
82.44 52.01 11 Commodity Index 63.40
8,17 63.60
40 of
я пр
Business Done: -540,000 shares,
STOCKS
Last Sale
STOCKS
Lust Sale
Adams Express
Jan. 24 25
101
Jan. 24 25
97
Humble Of
68
651
Hon. Mr. J. J. Paterson,
Alleghany, Steel Co. 20 · Allis Chalmers Amer. Car
101
Int. Nickel
50
491
473 454
Int. Tel. & Tel. .....
T. E. Pearce, Esq... A. L. Shields, Esq.,
BANKS
HONG KONG AND SHANGHAI 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 Resorve Liability of
Proprietors.....
1,820,000,000
Head Office: HONG KONG
Board of Directors.
G. Miskin, Esq.,
THE CHARTERED BANK OF INDIA AUSTRALIA AND CHINA Incorporated by Royal Charter 1839
HEAD OFFICE: LONDON:
38, Bishopsgate EC.2."
Paid-up Capital.... Reserve Fund
Reserve Lablity of pro-
priators.....
£3.000.000
£3.000.000
100 £3,000,000
MANCHESTER, BRANCH:
71, Mosley Street, Manchester.
⭑
Deputy Chairman. | ALOR STÅR
J. K. Bousfald, Esq., A H. Compton, Esq., S. H. Dodwell, Esq., J. R. Mason, Esq., E. S. Morrison, Esq.,
BAS GOR
BEMARANG
BERKEBANG
AGENCIES AND BRANCHES;
ILOILO AMRITSAR IPOH BANGKOK KABAUKI BATAVIA
KLANG BOMBAY
KOBE CALCUTTA CANTON CAWNPURE
XUALA
TAIPING
SKANOHA
KINGAPOX2
BITLAWAN
LUMPUR
SOURABAYA
KUCHING
81 #80
Int. Dept. Stores
111*
# 7 11
Sir Vandeleur M. Grayburn,
CEBT COLOMBO
MADRAS
MANILA
Chief Manager. | DELHI
Amer, Cynaṁid “B” Amer. & For. Power Amer. & For. 37 pf." 21** Amer. Locomotive... 191 Amer. Metals ...... 931
244 211
4
Kennecott Copper...
30
37+
31 21
Lambert Corpn.
13
12
Branches:-
Libbey-Owens- Ford
Amey
Iloilo 1
Peiping
19
Class
371
Bangkok
Ipah
Penang.
Batavia
Johore
341
Lockheed Aircraft ....
9
84
Rangoon
Bombay
Kobo
Amer. Radiator
12
121
Loew's Inc.
497
491
Saigon
Calcutta Kowloon
Saa
Amer. Rolling Mill..... 214
201
Lorillard
17
171
Canton
Kuala
Francisco
Amer, Smelting
52
50+
McKesson & Rabbiris
Cheloo
Lumpur Shanghai
Bul dingy
-$5.45
H.K. Hotels
$3,35
$4.35
A
::11:11:1
312.
H.K Lazil..........} #31†
$311
$100
Do. 4% Debentures
$100
Peak Trams (New), $31. Chaton Ices, $1,70. Watsons, $54.
Amer, Sugar Ring... Amer. Tel & Tol. 1481 Amer. Tobacco ("D" 631 Amer. Waterworks... 11 Anaconda Copper ... 321 Atchison, T. & S. Fe. 37) Atlas Corpn.
28
271
$3 pf......
321
32 *
Colombo
London
1451
Martin, Glen L
181
Dairen
Monsanto Chemical 86
851*
Foochow Malacca
Sungei
111
Montgomery Ward... 337-
331
321
Nat. Bond Invest-
Hamburg Musr
Tientain
Henkow
36+
ment
18..
151
Harbin
Mukden
Taingtao
82
Metropolitan Laude..
Shanghai Lands....
SALES
Auburn Motors
5
-*
Nat. Cash Register 174
161
Singapore
Lyons Sourabaya
Haiphong Manila Patani
(Johore) Tokyo
HOKO KONG
MAN
NEW YORK TSINGTAO
PRIPING
YOKOHAMA
(Peking) ZAMBOANGA, PENANG
RANGOON
ཡ---:'
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One 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-
Hongkow New York Yokohama · ¡covery of British Income TAX
TIKNTAIN
TONGKAN
(Bhuket)
HAIPHONG
HAMBURG
HANKOW
HARBIN
41
Nat Dairy Products - 341
14
overpaid, on terms which may be
H.K, Realties........
$4.30
Chinh Dụ H
$81
Do. Debentures3. Humphrey
$8.80
H.K. Bank. $1480/1490. Union Insurances, $502/505. HK. Wharves, $115. HK. Tramis, $14.80.
Baltimore & Ohio...
9
Nat. Distillers
201
201
B'more & Ohio Pfd. 112
10
Nat. Power & Light
71
7k
Barber & Co............ 16
16
Nat. Supply Corpn.
191
181
Barnsdall Ou....
141
141
New York Central.
18
17
China Satatas.
Cotton Mill
H
China Lights (014), $10,70.
Bethlehem Steel ..... 82
80
Niagara Hudson P
Chins Lights (New), $7.40/71.
Boeing Airplane Co. 324
314
Corpn...
74
71
Current Accounts opened in ascertained at any of the Agensira Local Currency and Fixed Deposits and Branches. received for one year or shorter perioda in Local Currency and Sterling on terms which will be quoted on application.
แ
R. W. ROBERTS,
Manager.
Exc
H.K. Electrics, $541.
Borden Co......
18
18
N. America Aviation
睡
01
159
Shai Cottons
#58
$14.90 181
$54
125.BO
$8.00
151
$14.60
110.70
7.400)
#541
Zoong Singe *****
Wing On Textiles(S.)
Ewo Cotton Rts. S.
Publis Utilitig
Tramways
Poak Tema (old)...|"164'
Do. (now)... $3) Star Forries
Yannati Forries
China Lights (old)...] '10)
Do
(now)... $7
Do. Hta
H.K. Electrica ......
* Smdakan Lights.
Telephones (ald)
$24 132
Dairy Farms. $25.
Borg-Warner.........
281
252
North America Co. 20
194
Briggs M'acturing.. 23 Brooklyn-Manhattan.
231
Northern Paciic...
11#"
111
Paclic Gas & Elec
283
261
Trans.
11 -101
Pacino Lighting
38
371
$14.
וין
་ས་
86nom
1944
Macao do
:::
Do. (new)
38,90
22/8
Tractions
23/
27-
Do.. (pref.).....
Industrials
Canton Icos
313
Cements
**
Ropes.........
Miscellaneous
$25
$6.10 $14
$
15.30
034%
(Cu.G.5% 19960: Bde.
prom. 4"
par
$103 3100
140
230
$6
18.
Vibro Piling ***** Maremans it v. (Lon..
***** 401
$8
3/9
(H.K.)
Dairy Farms......
Ch. Etainments... $6.15
Constructions, (old)] $14
Do.
Lane Crawfords..............
Nanyang Tobacco..
Aiaceros
Watsons
9. 0. Enterprises
H.K. Govt. 42 Losza
Do.
Wallace Harper
EK Wing On .....
$1.70 $13.35
14!
$26
(DOW)
Berlin
(British Wireless Service)
Jan, 24,
150-5/16-
21.63
Jan. 25 152 21.831
12.402
12.41
DS
94-15/10
Stockholm
Shanghai
New York
4.991
Amsterdam
8.967
..4.99-1/16
8.971
Vienna
Prague
142-7/16
142-5/16-
Helsingfors
Lisbon
Hong Kong
Bombay
Montreal
4.93%
Brussels
29.58
4.991 29.01
244
244
Silver (Forward)
Silver (Spot) War Loan
ON, LONDON
Closing Quotations
January 26, 1638.
Telegraphic Transfer... Bank Bills, on demand/2
Credits, 4 months' night 13
Or SHANGHAI:-
On demand ...
NGAPORE:
2-27/32 19-13/16. 20
$1.70
$5.40 164
:
$21
sts Wm. Powella
*Sala to Shanghai
LONDON EXCHANGE RATES
Paris
Geneva......
Athens
"Milan
Copenhagen
Yokohama
Belgrade ....
Montè Video
Bucharest
Rio...
cia
MANCHESTER
TRADE WITH
CHINA
War Causes Greatest Chrysler Corpn.......
Possible Disturbance
The report which was presented to the China and Far East Section of the Manchester Chamber of Commerce at its annual meeting recently speaks of the Sino-Japan- ese conflict as having in recent months completely overshadowed economic affairs in the Far East and as having led to the greatest possible disturbance to trade be- tween this country and China.
A year ago the Executive Com- mittee of the section expressed the view that, notwithstanding diff- culties in China for many years. there appeared to be a distinctly more favourable outlook and cited Lancashire's faith in the fact that concessions in the Customs. tarif | would materially help it to regain some share of the Chins market in cotton textiles. A halt has been called to these matters by the political upheaval, but the execu- tive 13 making every possible endeavour to keep the China ques- tion before the appropriate repart- ments of the Government.
Exports of cotton plece goods to China from January to August showed an Increase when com- pared with 1936. Since that month the figures record only 50,000 yards as having been shipped. The lead gradually diminished until at the end of November a deficit was re- corded as compared with the pre- vious year.
'SHIPMENTS TO HONG KONG
Shipments of cotton plece goods to Hong Kong hardly seem to have been affected by the trouble in China, At the end of August there was an advance of approximately 300,000 yards when compared with the previous year, and this "lead was maintained up the end of November,
Hecker Products
Brooklyn-Manhattan.
$6 cum. pf. Case, J.I.....
Packard Motora...............
5
Canadian Pacine
31 .... 941 71
31
Paramount Pictures 11
101
914
Paramount 1st. pf. 90."
88 *
ין
74
Pennsylvania R.R.
211
21
Celanese Corpn. ..... 161 Cerro de Pasco ........ 413 Chesapeake Corpn.... 434 Chesapeake & Ohio 381
154
Phillips Petroleum ...
382
384
40
Public Service of N.J.
321
321
43 *
Pure Oll............... 122
12
354
584
574
Radio Corpn. of Am. Republic Steel
61
of
191
181
Columbia Gas & E. Columbia 6% "A" pf. 734t Commercial Credit... 38 Commercial Solvents -84 Commonwealth & 8.
8
8
Reynold Tobic. “B” 41};
418
74 *
Schenley
244 234
351
Schenley 54% Dr. ...
108
80*
11
Sears Roebuck : ........... Shell Union Oil
16%
621 31 17
Commonwealth & 8."
Socony-Vacuum .....
151
151
Also up to date Safe Deposit Boxes in various sizes To Let. Hong Kong, 12th May, 1937.
HONG KONG SAVINGS BANK
THE Business of the above Bank is conducted by the HONG KONG & SHANGHAI BANKING CORPORATION, Rules may be obtained on application.
For the Hoxe Kona & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 1st March, 1937, "
THE CHASE BANK
15, QUEEN'S ROAD CENTRAL
HEAD OFFICE:
18-PINE-ÖTEKET,
NEW YORK,
An American Bank offering com. pleta 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, NEW YORK, with Resources.over U.S. $2,500,000,000.
D. M. BIGGAR,
Manager.
8% cum. pf......... 37 37 Consolidated Edison 23
Southern Cal Edison
224
22
22+
Southern Padic
187
181
Consolidated Oll
91
94
Southern Rly (com
12
117
BANK OF EAST ASIA, LIMITED.
Continental Can
41**
401
Southern Rly "A"
13
17
Continental Ol} ......" 30} Corn. Products
301
Standard Brands ....
9
87
63
623
Stand Gas & Elec..
41
4
Curtiss Wright (C.) 41 Curtiss Wright "A" 17 Delaware & Hudson 15* Del. Lackawanna &
48
Stand Gas & Elec..
161
ST pl.......
211
203
Profits
2,776,726.76
15
Standard Oil of N.J. 40)
481
Sterling Products 571
571*
Western
7k
Studebaker Corpn.
81
Head Office:-HONG KONG No. 10, Des Voeux Road, Central.
Deere Co.
221
229
Swift International 251*
25+
Distillers Corp.Sea-
Technicolor
193
19
Board of Directors:-
grams ....
144
141
Texas Corpn.
411
401
Douglas Aircraft
44
424
Texas Gulf Sulphur 321
32
Du Pont
113
118
Eagle Ficher Lead 104 Electric Boat
10"
101
92
Elec. Bond & Share 81 Elec. Bond & Share
$3 pf....
461* Elec. Bond & Share
$6 pt.
531 Elec. Power & Light 114 Elec. Power & Light
$T DI. Flintkote
81
Tidewater Assoc. Of 14 Transamerica (new) 11) 20th Cent. Fox. Flims 231
do. Films pf....
P. K. Kwok, Esq. WongChuson, Esq.
*141
111
Chan Ching Shek Fang Ping Wah,
231
Eag
Esq
31 ⚫
31
L
Union Carbide
&
151
Carbon
70%
751
Kan Tong Po, Esq., Chief Manager. La The Fong, Esq., Manager.
Union Pacific
80
77
Branches "and Agencies :-
521
United Aircraft
243
241
114
United Airlines Trans
Argy
Kowloon
Fing
Sourabaya
Bazarla
London
Swatow
United Corpn.
3
Bombay
Manila
Salon
Sydney
Calcutta
Malbours Ban Pron.
Taihola
37.
371
United
Corpn. $3
Esiphonz
Karmaki New York scastle
disco
Matela Tokyo
181
181
cum, pt.
...... 29+
284
Bankow
معلمين
Bersarang
Freeport Sulphur Gen. America Trans 414 Gen. Cigar
271
273-
United Gas Corpn.
44
41
Honolulu
Parla
Vancouver Yokohama
Hola
41
Un. Qas Tprovem't 10
Peiping Singapore
10
254*
Un. Light & power
21
21
Every description of
Banking
Gen. Mectric.......... 421 Gen. Foods
411
US. In'trial Alcohol
217
211
3212
324
U.S. Rubber
291
281
Loan granted
Gen. MotorS
354
351
U.B. Rubber pr.
601 58
securities.
Gen. Hallway Signal 221 Glidden Co.
211
VS. Smelting
681
• 242 Godchaux Sugar
247
US. Steel
581
57+
ceived for one year or shorter
Vanadium
19
183"
periods in Local: and Foreign Cur
Class "A"
301 304* Goodrich (B.F.) 171 171 Goodrich $5 pf.......
53 55 * Goodyear Tire & Co. 211 211 Great Northern Rly. 221 Great Western Sugar 31 Greyhound
Warner Bros. Pict....
7
01
Westinghouse Elec. 102
1011
quoted on application.
Woodward Iron Cor. 18 Youngstown Sheet
154
22
& Tube
301
381
31
Corpo.
91
1 ex div.
Chase National Bk. 321 314 National City Bank 271* 261" Call Money
1% 1
* bid.
commercial standpoint and efforts
19-13/16 20
31% 103-1/16
ON NEW YORK:-
Bank Bills, on demand. 2015/16 Credits, 00 days' sight 317/18
ON BATAVIA-
On demand
Isa
ON PAELS:-
Bank Bills, on demand 9.30
1041
Credita, 4 months' sight 9.95
ON SAIGON:-
On demand
AR!
demand
ON JAPAN —
On demand.
1001
OF INDIA:
Telegraphic Transfer...
Bark, on demand
ON MANILA
On demand
812
Rate
ON BANGKOK:-
On demand........ SOVEERIGNE, Bank Buying
BAR SILVER, per oz.
1494
1/31/16
The official export returns of colony were promising at the end grey cotton yarn for China reveal of August. Taking from the were being made to secure the A Bill providing for the appro~ that for the eight months ended United Kingdom had doubled. This movement of shipments which had priation of four thousand mil- August, the quantity was consider-lead was maintained and even in-been deviated to other poris tem- Bon yen for special military ex-
› BRANCHES AND AGENCIES» ATT ably in excess of that sent in the creased by the end of. November.
pozarily.
penditure in connection with the Alexandria Honolulu Bangoon same period of either of the two
WAR BISES
The effect of the quotas on foreign "China Incident" is to be submit- Bangkok Heinking Rio do previous years. Whilst the margin Directly due to the Sino-Japan- textiles impored into Malays which ted by the Treasury within the Batavia Karachi Janeiro
Kobe Ban has been substantially reduced in ese conflict, a number of problems was reflected in 1936 has shown next two days and the measure
Bombay London Francisco the latter months, a slight impro-have called for consideration by itself in 1937. Imports of cotton will reach the Lower House next vement was still evident by Novem- the Executive during the latter pisce goods from Lancashire re-
Los Angeles Seattle week.--Neuter. ber. Processed yarns also were months of the year, including war corded a substantial increase- ahead at the end of August, but risk insurance, deviation of car- from 34,200,000 square yards in tion in Malaya has also been be had dropped behind by the end goes, detention of goods at certain 1936 to 45,800,000 square yards in fore the committee Reports ze of November.
ports, and the protection of the first eleven months of last year.ceived by members indicate that in Hong Kong remained. virtually British property in Shanghai, and The introduction of legislation to certain styles Lancashire cotton steady for the first eight months the chamber has acted in concert Includa made-up goods in the goods have been largely replaced Harbin Paris of the year for grey yarns, the with the Federation of British In- quotas, coupled with other develop by the products of the Indian mills. Hong Kong Reiping quantity being virtually identical dustries, the China Association, ments which are taking place. Reports received from local inter- Interest allowed on Current with that taken twelve months and the London and Bradford should tempt members whose in- ests in Hong-Kong seem to Accounts.
for Fixed earlier. Reduced activity was re- Chambers of Commerce in repre-terests lie in this particular ter-indicate that importers are turn-¦ ¦ Deposits received carded in the November returns senting the views of traders to the ritory to view the prospects for ing to India for their supplies of Periods at rates to be obtained
on application. and a slight derease was registered Government. At the end of the 1998 with an added degree of con- hostery yarn, and that this is be for the eleven months of 1937. year there were signs of the situa- | ndence.
coming a threat to business from Bleached and dyed yarns to the tion in Shanghai casing from a
JAPAN'S WAR BILL MOUNTING
Authorised Capital $10,000,000.00 Paid-up Capital 5,498,600.00 Reserve and Undivided.
Sir Bhouson Chow, Chairman
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 CHINA)
Owing to our numerous Brauches
Li Koon Chuc, Esq. Li Lan Bang, Esqin China and connections in the
Wong YnnTong, Esq. Kan Ying Pu. Kaq
and Exchange business transacted.
principal Commercial Centres of
the World, we are able to extend
to our Clients special facilities for Domestic and Foreign Banking aut Exchange.
:
Head Office: SHANGHAI
Hongkang Branch:
4. QUEEN'S ROAD,
South China Officer:
KONGMOON
TOISHAN
SHTUCHOW KINGCHOW
We also handle the issue of Bonds
⚫ approved and other Public Funds of the
Current Accounts opened in Local Chinese Government both at Home · Currency and Fixed Deposita re- and Abroad.
rencies on terms which will be
Safe Deposit Boxes To Let
KAN TONG PO,
Chief Manager.
SHOU J. CHEN
THE YOKOHAMA SPECIE BANK
LIMITED
Capital (fully paid up)
Yam-100,000,000.00 Reserve Fund ...Yen 134,400,000.00
Head Office:--YOKOHAMA
4
CANTON
SWATOW
Kanager.
Berlin
Calcutta
Canton
Manila Semarang
Dairen Moji
Shanghai
(Dalny) Nagasaki Bingapore
Hamburg Osaka Hankow
stien Nagoya (Mukden) New York Bydney
Boerabaya
Tientsin
Otar
Tokyo
Tsingtao Tinkow
The question of Indian competi- this country.
Y. KANO,
Manager Hong Kong, 14th Sept., 1937,
20
1
No comments yet.
Private notes are available after approval.