1938-03-18 — Page 12

12

DAILY SHARETM QUOTATIONS

Hong Kong Stock

Exchange

Sharebrokers'

Association

Kayu hier

Baju Homema

THURSDAY, MARCH 17.

Say

Bellers

Banks

QUOTATIONS

$1,670 H.K. Banks

£85.

11

180

£14

#

Bank of East Asia...

N. G. & S. Back

Do. (London) Chartered Banks.... Marcantile Bks. “A”

Do.

211

-May. -May

Last

Today' Bigh Low Close Close 4.97-13/16 4.96) 9.00 8.99 8.93 14.99 14.15 14:35

A6

£29

was quoted at 44 3/4 for Spot.

Winnipeg Wheat-May.

391 118)

671 59..

1168

17

HONG KONG DAILY PRESS, FRIDAY, MARCH 18,

THE EXCHANGE

MARKET

MESSRS. ROZA BROS.

The price for Rendy Silver was unchanged at 20 3/8 but the Far- ward rate dropped 1/16 to 20d. $1,490 Silver, advices reported speculators as having sold. The market was quietly steady. American Bilver

285

1938.

NEW YORK STOCK EXCHANGE

New York: March 17

(Through Reuter's Service)

New York/London Cross rate Now York Cotton--May, New York Rubber-May, Chicago Wheat Chicago Corn

198

BANKS

HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA

BANKING CORPORATION

Authorised Capital 850,000,000 Issued & Fully Paid-Up $20,000,000 Reserve Funds:--

H.K. Ourrency Reserve $10,000,000 } Reserve Liability of

Proprietors

AUSTRALIA AND CHINA Incapolated by Royal Charter, 1835

HEAD OFFICE: LONDON:

38. Bishopsgate EC.2.

***... £3.004.000

£3:00.00

$1.600.000

Chang 1-7/18 off

Sterling

..£8,500,000

8.43

.01 ap

14.18*

.16 of

Paid-up Capital....

BA

1 up

$20,000,000 | Reserva Fund...

7/8 ap

119

$ up

Head Offen:HONG KONG

211

$80

12

insurances

The London-New York cross- rate was lower at 496.75. New York-London was quoted at 496.

Silver-Official

442

unch.

1937

$275

Canton lusarances,

1970

3/8.

3540

Union Invarauses

10+

$520

Underwriters ******

***

2

166

#121

1245

H,K.. Fires ................

$9471

Shipplag

MARKET

Opened. quiet. The market was slightly easier towards lunch time.

al

High Low Dow Jones Averages, 134.40 113.84 30 Industrials

20 Rail .84.46 17.08

37.54 18.20 20 Utilities 106.89 87.87 44 Bonds

82.44 62.01

Mar. 18.

187.94

76.58

19.01

89.13

It Commodity index 12.31

High Low Close Change 188 10 191.84 12.87 437 OK

95.11 1.47 c 20.32 24.90 18.01

18.99 18.37 .64 off 87.61 .52 oll 62.47 16 up

Hon. Mr. J. J. Paterson,

Deputy Chairman,

Douglase

$811

Steambts

$121

STERLING

501

Indo-Chinas (pref.)

351

124

Do. (dol.)

$43

60/71 Sholle.....

Wate-bout

10/-

Kailans

7.99

BO/T $91

!

3138

3 60/55

1.60:55

8343

1.K. & W. Docks

34/341

$100

$3

Shangnai Docks S. New Bagiuserina 8. Lands. Hotels, and

++

Mining

Haub.....

* Veneza in Gold Fide.

lot.) "Bongkong Mines..

Docks, Wharves,

Godowns, etu.

"H.K. & Wharves.

Prorkients (old) ...

Do. (new)

8136 3.85/0/65

$1.55

!!:

!!!

16/-

Were offored at 1/2 29/32 for near delivery at which rate busi- ness was reported for March and

market Cash. The

closed at 1 p.m. with sellers at 1/2 7/8 March- $7.817 April

and 1/2 27/32 May-June, $3.40 buyers at 1/2 29/32 March-June

and 1/2 7/8 July.

STOCKS

Last Sale

STOCKS

Last Bale

Mar. 15 16

Adams Express ......

94

9

Humble O

Alleghany Steel Co.

168

15

Int. Nickel

Allis Chalmers......... 481 Amer. Can

461

Int. Tel & Tel.......

871

80}

Amer. Cynamid "B" 231

22)

Int. Dept. Stores... Kennecott Copper... 38

Amer. & For. Power

32

31

Lambert Corpn. ......

11

Amer. & For. $7 p.

21

194

Libbey-Owens- Ford

$6.80

$100

106

!! ::: !

: 1

$73

.i

$16.40

$7

15.25

#21

$18.40

$361

$141

Buildings

H.K. Hotel *** H.K Lands.......... Do. 4, Debentures Shanghai Labda... 8. Metropolitan Lands.. H.K. Realties.******* Humphreys kansar Chinese Katates....

Cotton Millm Evol

3'ha: Cottons ..... Zooug SingS

Winz Un, Textiles(S.) Ewo Cotton Rt. S

Publie Utilities Tramways

Poak Traas (3rd)...!

Do.

(new)..

181

$100 13

U.S. DOLLARS

Opened with sellers at 30 3/4 March-April resulting in business at 30 9/4 for April and March. The market closed at lunch time with sellers at 30 11/16 March- April, buyers at 30 3/4 March- April.

SHANGHAI DOLLARS

Amer, Locomotive ...

198

186

Glass

33

Amer. Metals

324

32

Lockheed Aircraft ... at

Amer. Radiator...... Amer, Rolling Mill... Amer. Smelting

123

12

Locw's Inc."

472 40

193

181

Lorillard

18

101

47

McKesson & Robbins

Amer. Sugar Ring ...

273

273

$3 p.......

33

Amer. Tel. & Tel. 1317

130

Martin, Glen

.....

"181

*

Amer. Tobacco " 691 661

Amer. Waterworks...

9

81

Monsanto Chemical 85

Montgomery Ward 357

$6.7782

Anaconda Copper...

331

307

Nat. Bend Invest-

Nominal.

*

XD

$36 $100

Atchison, T. & S. Fe.

344

31

ment

131*

SHANGHAI MARKET

Atlas Corpn.

74

61

Nat. Cash Register 16

Nominal,

Auburn Motors

4

4

Nat. Dairy Products 131

$5.95

$14.30

!!!!!

::::

370

$24

$39

IN THE AFTERNOON The market in the afternoon was a shade easier.

"STERLING Some business was reported at 1/2 7/8 for March. The market closed with sellers at 1/2 7/8 Cash and 1/2 27/32 April-May, buyers $16.40/48/50 at 1/2 15/16 Cash and 1/2 7/8

April-May.

Baltimore & Ohio........

71

"61

Nat, Distillers

224

Bmore & Ohio Pfd.

31

77

Nat. Power & Light

61

Barber & Co.

17

16

Nat. Supply Corpn... 214

Barnsdall Qou

147

14

New York Central

15

17

Bethlehem Steel

581

55

Niagara Hudson P

Boeing Airplane Co. Borden Co,. Borg-Warner

291

281

Corpn........

71

171

174

N. America Aviation

B1

25

231

North America Co. 18)

Briggs Mfacturing. 22} Brooklyn-Manhattan.

211

Northern Pacific

101

Pacific Gas & Elec 26

Trans.

91

9:4

Pacific Lighting

36

Brooklyn-Manhattan

Packard Motors

4

· 884)

፡፡

$281

Star Ferries pansers Yaunati Ferries

$28

19.30

$12.60

China Lights (old)..

$12.50

Do. (new)...

$9.40

Do. Rt.

$60

H.K. Mlectric

260)

U.S. DOLLARS'

The market closed with sellers at 30 11/16 Cash and 30 5/8 March-April, buyers" at 30 3/4 Cash and probably 30 11/16 April. |

Canadian Pacific

* $8 cum, pí.

Case. J.1.

271

26 *

Paramount Pictures

91

87

841

Paramoun, ist. pl.

784*

61

6

Pennsylvania R.R.

191.

Macao do.

$13)

Sandakan Lights...

#27

Telephonom (old) ...

3277

10.60

ho. (new)...$10.50

23/0

Tractions

22.6

H. K. STOCK

23/0

Do. (pruf.)..

EXCHANGE

Celanese Corpn. ...... 151 Cerro de Pasco .................. 411 Chesapeake Coṛp.. 44 Chesapeake & Ohio 331 Chrysler Corph. ..... 54 Columbia Gas & E. 71 Columbia B "A" pf. 701*

141

39

40 311

Phillips Petroleum ... Public Service of N.J. 301 Pure Oll

374

111

503

Radio Corpn. of Am Republie Steel

61

171

61

71

Reynold Tobac. "B" 387 Schenley

211

Commercial Credit... 35

33+

Schenley 54% pf."

781*

Industrialr

$142

Commercial Solvents

8

71

Sears Roebuck

603

Guld., Macg. (Ord.)5

Commonwealth & 8.

11

11

Shell Union Oli

132

Lo (Pref)S

$1.70

Canton Icon

$1.60

17.60/7/0

Cements.

***

$4.9$!

Ropes..

89)

$2.10

ST

$30

35)

S'ha Vibro Piling

Do

3/10

60 of

Wa. Powelle

(H.8.)

Miscellaneous

$25.90 Dairy Farma

870 Ch. &'tainments......

Constructions, (old), 31.69)

Do.

Lane Crawfords.....

Nanyang Tobacco..

Sinceros

Watsons tere S. C.-Enterprises

687Cu.G.5%19250.3Bds.

6%.pat. E. Gort, 1% Loan

Bo. 31%

pm..

181 Wallace Karper

"H.K Wing On

17/6 Maramang II v. (Lon.)

(HOT)

OD

$26 20.70

39

$4

***

52

$6.90

70% $108

$101

241

344

$172 $4.95

YESTERDAY'S

OFFICIAL QUOTATIONS

The uneasiness brought about by the European political mano- carres coupled with an all round drop in Sterling securities has been reflected in the local market. The market has relapsed into a state of uncertainty and buyers have shown a disposition either to hold of entirely or make such bids at which sellers are disinclined to trade. H.K. Banks in London have registered a fall of £10 in two days.

Commonwealth & S.

8% cum. pl. Consolidated Edison. 211 Consolidated O Continental Can Continental Oll Corn. Products Curtiss Wright (C) Cartiss Wright "A" 182 Delaware & Hudson 141 Del. Lackawanna &

Western Deere Co.

I

Socony-Vacuum

141

351

331

Southern Cal Edison 211

+21

201

Southern Pacific

161

W

91.

Bz

Southern Rly (com) 10

:42

417

Southern Rly "A"

...

161

291

·271

Standard Brands

72

64

631

44

41

16

Stand Gas & Elec. Stand Gas & Elec.

$7 pi.

31

21

124

Standard Oil of N.J. 51

64

61

Sterling Froducts ... 58+ Studebaker

Corpn.

51

231

224

Swift International 234*

Distillers Corpn. Sea-

grams

134

122

Texas Corpn.

Douglas Aircraft Du Pont

41

393

1201 1151

Eagle Picher Lead

101

10

Technicolor ....... 191

Texas Gulf Sulphur 324

Tidewater Assoc. O 137 Transamerica (new) 101

42

Manlia quotations would also Electric Boat appear to reflect the effect of the Elec. Hood & Share 70 ctagerieral uneasiness.

83

B

20th Cent. Fox. Films 221

71

BA

do.

Films pí....

Sales to Shanghai

LONDON EXCHANGE RATES.

Elec. Bond & Share

.

Union

28+ Carbide &

SELLERS

$5 pf................... 474

481*

Carbon

752

Elec. Bond & Share

Union Pacific

714

Bank of East Asia, $80. Douglases, $85.

(British Wireless Service)-

March 15.

Parls Genera

Berlin

1622

March 16, " 1801

21.64

21.83

12.39

12.38

Athens

Milan

Copenhagen

94-0/16

941

Stockholm

Shanghai

1/2-1/16

New York

4.99

4.803.

HK Steamboats, $123. HK. Lands 4% Debent. $100. Chinese Estates, $95.

HK. Tramways, $15.40. Peak Trams (Old), $7. China Lights (New), $9.30. Sandakan Lights, $138 Sinceres. $210.

Marxmans (HK), 3/10. Constructions, $13.

BUYERS

.$8 pt. Elec Power & Light 10 Elec. Power & Light

53

..52

United Aircraft

254

St

United Airlines Trans

78

United Corpn.

21

ST DI.....

384

351

United

Corpn.

$3

Flintkote

181

151

Freeport Bulphur

271

281

Gen. America Trans

40

381

Gen. Cigar

25 *

25 *

cum, pf. United Gas Corpn. - 4 Un. Gas Tprovem't 10 Un. Light & power

281

21

Gen. Fectric

392

381

US. In'trial Alcohol 18.

Gen. Foods

281

271

U.S. Rubber

331

Gen. Motors

36

-331

US. Rubber pí.

801

Gen. Railway Signal 21

.21

U.S. Smelting

#70

Glidden Co.

193

181

US. Steel

541

Amsterdam

8.973

9.00

Godchaux

Sugar

Vanadium

178

Vienna

H.K..Bank, $1500.

Clasa "A"

36 "

-

Warner Bros. Pict.

51

Prague

1411

Helsingfors

Union Insurance, $535. HK. Fire Insurance, $245.

Goodrich (BF.)

17

154

Westinghouse

Elec. 31

Lisbon

Hong Kong

1/2-15/16

1/21

Bombay

Montreal

4.984

4.973

Brussels

Yokohama

29.591

29.521

Belgrade

Monte Video

Bucharest

Flo

Silver (Forward)

Silver (Spot) ......

War Loan

ON LONDON:-

Closing

March 17, 1985.

Telegraphic Transfer... 11/2 Bank Bill, on demand 1316 Credits, 4 months' sight 1/3-1/10

ON SHANGHAI ; ----.

"On demand.

ON SINGAPORE: —

On demand

OS JAPAN:-

1042

1/1-15/16

20-1/16 201

20

201

.31% 100%.

31% 991

Quotations

ON NEW Yonx:-

Bank Bills, on demand 201 Credita, 50 days' aight 31) ON BATAVIA:—

On demand

ON PARIS

55-5/18

Bank Bills, on demand. 980 Credits, 4 months' sight 1, 55

ON SAIGON:-

On demand 6213/16 OF MANILA

On demand.....

On demand 105)

ON INDIA:

Telegraphic Transfer....

Bank. on demand

#71

..... 611

OS BANGKOK :-

On demand

150)

Sovereign Notes

Bank Buying Rate....

1/3

BAR SILVER, per oɛ

201

HK. Realties, $5.90, H.K. Tramways, $15). China Lights (Old), $12.60. H.K. Electrics, $59). Lane Crawfords, $91. Vibro Piling. $51.

• SALES

HK. Steamboats, $13. H.K. & W. Docks, $34). Providents (Old), $3.80/55. Providents (New), $1.60/55. H. & S. Hotels, $6.80, Humphreys, $91.

HK. Realties; $5.95.

HK. Tramways. $15:40.

HK. Electrics, $60,

Cements, $17.60/70. Dairy Farms, $251;

(Prices below in Phil. Currency)

Antamoks Po.. .54 Atoks, .28 Bagulo Gold, .211

Benguet Consol, 9.80 Coco Grove, 58 Consolidated Mines, 011 Demonstrations, 37 I.X.L.. .75

Paracale Gumaus, 21 Ban Mauricio. .52 Suyoc Consol., 18 United Paracales, 414

Goodrich $5 pf....... 501 Goodyear Tire & Co. 224 Great Northern Rly, 201 Great Western Bugar 23 * Greyhound Corpn. 111 Hecker Products

PHILIPPINE

MINING NEWS

FAR EAST OLD Development Company, Inc. has started drilling on its property on the Bondoc Peninsula in Tayabas. The com- pany has two cable tool rigs, of which the first is now in opera- tion; it can go to a depth of 1500 feet, while the second can go to

SCHACHT TO STUDY AUSTRIAN FINANCE

STOPS SELLING OF TIMBER ABROAD

Vienna, March 16. Dr. Hjalmar Schacht, former Minister of Economics in Germany and now President of the Reichs- bank, arrived in Vienna today.

He is to investigate the financial situation of the country,

Providents (New), $1.35.

-SELLERS

Underwriters, $2.10. Providents (Old), $31. HK. Docks, $34. Trams, $ist.

SALES Providents (Old), $3.35/55. Providents (New), $1.45/55. Cements, $17.25.

2500 feet. The second rig will be The national banks of Germany UNION WATERBOAT

in operation some time this month. officials of the company said,

E. P. CICHY has been appointed assistant general manager of Mine Factors, Inc. Mr. Cichy was for- merly connected with the Pacific Commercial Company, and is well known in Manila business circle.

and Austrian have decreed the ex- change of the two national curren- cies at 50 marks for 100 Austrian schillings.

THE YOKOHAMA SPECIE BANK

LIMITED

Capital (fully paid up) Reserve. Fund

Yen 100,000,000.00 Yen 135,900,000.00

Head Office:-YOKOHAMA

BRANCHES AND AGENCIES AT: Alexandria Honolulu Rangoon Hangkok Hsinking Rio do Bateria Karachi. Janeiro

Kobe London

Los Angeles Seattle

Manila

Dairen Moji

(Dalny) Nagasaki Singapore

Berlin Bombay

Ban

-Francisco

Calcutta. Canton

Semarang

Shanghai

Fengtien

Nagoya

Воставата

Hamburg Oaska

Tientsin

Hankow

Otard Tokyo

Harbin Paris

Hong Kong Peking

Tsingtao Yinkow

(Mukden) New York Sydney

PAYS 60 CENTS Interest. allowed. on Current

At the forthcoming annual general meeting of the Union The sale of timber to foreign Waterboat Co. Ltd. the Consult Countries, which is one of the obiering Committee #1 recommend a industries of Austria, has been dividend of 60'.ccrits per share for the year ended December 31 1937 stopped.(Reuter)."

Accounts. Dean by th

Deposita received fore Fixed Periods at rates to be obtained on application.

KANO,

Manager

Hong Kong, 10th March, 1938.

50+

Woodward Iron Cor. 151

201

181

28 *

Youngstown Sheet

& Tube .......

Chase National BK. 313*

37+

101

National City Bank 251*

મ

61

Call Money

1%

ཝཱཀྐཙྩ ཝོཊྛནྟི བྷངྒཏྠེ བྷོན ཀྰ་ཨྰཿཀྰཨྰཿཙནཱནཱ ཙeཤཿདཿརྨབྷོདནརྒྱུུནཱནྣམྤཀྐཾ ཿཀྰཏོegËཨྰཿཀྰཙནཱཙ ན=ཙྩ ཝོཧྥུནཱཙྩ ཀྐམྦă Feaཊཿ ཛྙྰནནཨཽnaEuRཝོཤབྷོནཱ ཨུཙྪིནྡིཝཱ

"

Hong Kong. 25th Feb. 1938.

Business Done:-1,020, aharɛs.

Mar. 15 16

GT4

501

81

07

J. K. Bousfeld, Esq., A. . Compton, Esq.,

Hon. Mr. S. H. Dodwell, Hon. Mr. M. T. Johnson, J. R Masson. Esq..

G. Miskin, Esq.,

E. S. Morrison, Esq., A. L. Shields, Esq.,

Sir Vandeleur M. Grayburn,

Amos Bangkok Bombay Calcutta

Branches:- 1poh Johore Batavia Kobe

Kowloon Kuala Francisco Canton Lumpur Shanghai

London Singapore Lyons Sourabaya Dairen Malacca Sungei Foochow Manila

Patani

Chefoo Colombo

Haiphong Muar Swatow. Hamburg Jotore) Tientsin

Mukden

Tokyo Harbin New York Tsingtao

Yokohama Peiping

Hankow

Hongkow

Iloilo

44

Current Accounts

opened

Local Currency and Fixed Deposits received for one year or shorter periods in Local and other Cur- rencies or terms which will be quoted on application.

Also up to date Safe Deposit Boxes in various sizes To Let.

Hong Kong. 26th Feb., 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,

V. M. GRAYBURN,

Chief Manager.

BOMBAY

HARBIN TUNG TUNG

MRDAN,

NEW YORK

SAREMBANG

MANAI

BINGAPORE

BITIAWAN

BOURABAYA

TAIPING TIENTSIN "

TONGKAH

(Bhuket)

TSINGTAO

PEIPINO .. TOKOHAMA

(Peking) zawBOANGA

PENANG

RAZGOON

FOREIGN EXCHANOI and Gouera) Banking Business transacted.

CURRENT A000 UNTS opened and FIXED DEPOSITs received for One Year or shorter perioda at rates which will be quoted on. applica- tion.

The Bank's Hend Office in London undertakes Executor and Trustee business, and claims re-

Income covery of British

Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.

R. W. ROBERTS,

Manager.

THE CHASE BANK'

15, QUEEN'S ROAD CENTRAL

HRAD 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 CILASE NATIONAL BANK," NEW YORK, with Resources over U.S. $2,500,000,000.

D. M. BIGGAR,

Manager.

Board of Directors.

T. E. Pearce, Esq.,

Chairman.

| Reserve Liability of Pro-

priaters.

MANCHESTER BRANCH:

71 Mosley Street, Manchester.

AGENCIES AND BRANCHES:

ILOILO

SALOON

ALUR STAR

AMRITSAR" 1200 BANGKOK

*KARACHI KLANG

די

SEMARANG

BATAVIA

Кон

CALCUTTA CANTON

KUALA

LUMPUR

CAWNPORE KUCHING

СЕЗГ COLOMBO

MADRAS

MANILA

Chief Manager.

DELE! HAIPHONG HAMBURO

HANKOW

Penang Rangoon

1

Saigon Sao

سم

in

BANK OF EAST ÁSIA. LIMITED.

Authorised Capital $10,000,000.00

Reserve and Undivided

Profits

2,778,726.70

Chan Ching Shek. Fung Ping Wah,

Eng.

Faq

Amay

Betavis

Below.

Bombay

Baroo

Bydney

Onlestia

Centen

Melbourne Nagaanki

Sea Pra

Tathoku

slave

Xiantain

Halphong

Hankow

New York Opales

notla

Tokyo

100%

Priping..

securities.

Paid-up Capital ......... 5,508,600.00 THE NATIONAL GOVERNMENT

Head Office:-HONG KONG

No. 10, Des Voeux Road, Central.

Board of Directors:--

-Bir Shouson Chow, Chairman

Li Koon Chun, Esq. Li Lan Fang, Esq.

OF CHINA AS 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

P. K. Kwok, Esq. WongChuson, Escrincipal Commercial Centres at Wong Yun Tong, Esq. Kan Ying Pu. E the World, we are able to extend

Kan Tonz Po, Esq., Chief Manager,

Tao Fong, Esq., Manager.

Branches and Agencita :--

Kowloon Penang Borshaya Landon

Manila

Parla

Ranyon

Semarang Tabouret

Bingapore

to our Clients special facilities for Domestic and Foreign Banking nad Exchange.

Head Office: SHANGHAI

Hongkong Branch

4, QUEEN'S ROAD, C

South China Offices:

CANTON

KONGMOON TOISHAN KINGCHOW

Every description of Banking We also handle the issue of Bonds and Exchange business transacted.al other Public Funds of the Loads granted .on approved

Chinese Government both at Home

BANK OF CHINA

Specially Chartered by

SWATOW Yokohama

SHIUCHOW

Current Accounts opened in Local,find Abroad. Currency and Fixed Deposita #e-

SHOU J: CHEN

ceived for one year or shorter

periods in Local and Foreign Cur-|

Manager.

rencies on terms which will be

quoted on application.

Safe Deposit Boxes To Let...

KAN TONG PO,

Chief:Mahager.

tex. dlv. .* bid.

H.K. SHAREBROKERS ASSOCIATION BUYERS