1938-03-25 — Page 12

PAGE 12-HONG KONG DAILY PRESS

FINANCE

"H.

Sharebrokers'

NEW K. STOCK EXCHANGE

DAILY SHARE QUOTATIONS Hong Kong Stock Exchange

BAINO

Association

THURSDAY,

Nominal

MARCH 24.

Buyers

li

Balenomia,

YESTERDAY'S

OFFICIAL

YORK STOCK EXCHANGE

(Through Reuter's Service)

FRIDAY, MARCH 25, 1938

BANKS

$1,520

£90

£11

Chartered Banks

238

£14

Pank

H.K. Banks

Do. (London)........

Mercantile Bks. "A

Do.

Bauk or Bast Azia...

TRA

£28

"C"

214

80

*180

BUYERS

N. 0. & B. Barks .... Insurances

$9

Bank of East Asin, $80.

$975

Canton insFMILTON..

€275

Unton Insurance, $530,

117.11

$630

Union Insuranova .......

2335

.་"

H.K.K. Wharves, $133.

A

Underwriters

4+1

$245

H.K. Fires

934

H.K. & W. Dock. $331.

Shipping

Providents (Old), $3.45:

32.77 2262 20 Rail

33,20 17.04 20 Utilition 92.70 86.63 40. Bonds

12.69..

QUOTATIONS

Now York: March 24

QUOTATIONS

Enquiries were more

general

and the market very steady. The Manila market was dull and slightly off from yesterday.

New York/London Crow rate Now York Cotton-May. Now York Rubber-May. Chicago Wheat --May. -May. Chicago Corn Winnipeg Wheat-May.

Silver Official

1337

High Low Dow Jones Averages, Mar. 32, High Low Close 134.98 117.11 30 Industrial

Last

High Low Close

3,80 E.63 8.48 13.11 12.85 13.35

AB 83

Today' Cloeo

Change

861 1265 88+

Ot up .48 of

Sterling

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:-

£8,500,000

AUSTRALIA AND CHINA Incorporated by Royal Charter. 1935

HEAD OFFICE: LONDON: 38. Bhopsgate E.C.2.

1/4 up

11.K. Currency Reserve $10,000,000 peld-up Cupita....

60

B.

..691

80

unch.

Proprietora"

„$20,000,000"

118 115 1152

1181

unch.

Rosary Fund.... Rasers Liability of Pro

23.000.000 £3.000.000

£3.000.000

Change

Board of Directors.

115 95 1178 11438

2.78 Of

T. E. Pearce, Esq.,

203 21.40 1.75

.87 of

17.66

17.87 173 11.30

.20 off

Hon. Mr. J. J. Paterson,

"86.8+

80.15

.74 Ol

667

Douglanna .....

*1GT

Providents (New), $1.45.

54,93 61.29 11 Commodity Index 01.39

51.14

.16 ok

Business Done:-1,470,000 shares,

816

Steamvats

3154

HK. Lands, 4% Debentures, $100.

301

Indo-Chinas (pref

160

Chinese Estates, $95.

STOCKS

Last Sale

STOCKS

Last Sale

121

Da

(def.)

$30

H.K. Tramways, $151.

1:

Mar. 22. 23.

Mar. 22. 23.

45/-

Shell

25/

Peak Trams (Old), $7.

+191

Waterboa ta

201

Adams Express

81

8

Humble O11

Mining

Star Ferries, $84.

Alleghany Steel Co.

151

143

Iut. Nickel

10/6

Kailas

15/0

China Lights (New), $9.10.

Allis Chalmers ........

43)

421

LA. Tel. & Tel.

17.90

Raubs

$7.30

H.K. Electrics. $58).

Amer. Can M...

81

B01

Veneruch Gold Flds.

$3.40

Sandakan Lights, $144.

Amer. Cynamid "B" 20

191

1. et

"Hongkong Mines

Cements, $171.

Amer. & For. Power

31

27

Int. Dept. Stores... Kennecost Copper... Lambert Corpn.

Docks, WharYM,

Dairy Farms. $251.

Amer. & For. $7 pf.

18

151

1:

Giedowns, els

Watsons, $63.

Amer. Locomotive ...

161

151

Libbey-Owens- Ford

Glass

$133

H.K. & E. NO TENG

313+

Sinceres, $2.20.

Amer. Metals

31

30

Lockheed Aircraft

$3.4 $1,45 $3

13 47

31.475

Providenta July

$31

Wm. Powell, Ltd., Mcts.

Amer. Radiator .......

111

101

Loew's Inc.

291

41A

28

107

Do.

(new)

81.47

Constructions. $14.

Amer. Rolling Mill...

171

163

Lorillard

153.

151

H.K. &W, Docks

$331

$14

Shanghai Docks S.

$100

Wallace Harpers, $91. Marsmans (H.K.), 3/10.

Amer. Smeiting

401

381

A

New Engineerings .

13

Amer. Sugar R’ing ... Amer. Tel. & Tel.... 1251

26 *

25

$3 pt.

1241

Martin, Glen L

McKesson & Robbins

321 162

::

B

$100

div.

ands, Hotels, and

Buildings

HK Hotels

Landa.........

Do. 4% Debentures; Shangliai Lande... S.

SELLERS

$8.60

"Macao Electrics, $10.

Vibro Piling. $54.

Amer. Tobacco "B" 65 Amer. Waterworks...

632

8

71

Anaconda Copper ...

291

281

Atchison. T.

8. Fe.

27

28

Monsanto Chemical 30 Montgomery Ward..." Nat. Bond Invest-

rent

31

31

127*

STEK)

SALES

Atlas Corpn. ........

G1

61

Nat. Cash Register 15j

15

Metropolitan Lands..

ཧྲཱིཿ:

*5,05

XD

Humphreys ge

$9

Chince Eau Lan.

Cotton Mill

$13.50

!!

wu

................

$14

H.K. Bank, $1520. China Underwriters. $2. Douglases. $67.

Providents, (DIA), 13.474.

Provideats (New), $1},

Auburn Motors ......

37

31

Nat, Dairy Products 13.

13

Hongkew Feiping

Baltimore & Ohio

51

5+

Nat. Distillers

201

192

Iloilo

3 more & Ohio Pid.

6

Barber & Co.

151

143

Nat. Power & Light Nat. Supply Corpn.

61.

52

181

Current

Barrisdal Öll *

13

12)

New York Central...

121

12

$73

S'ha Cottons.....S.

10

H. & S. Hotels. 361.

Bethlehem Steel

53A

51+

Zoong Sings

S.

$24

H.K. Lands: $35.

Boeing Airplane Co.

267

27.

Niagara Hudson F

Corpn.

Wing Un Textiles 8.1,333

132

H.K. Tramways, $16.30-40.

Borden Co.........

171

161

Ewo Cotton Rts S

China Lights (Old), $12..

Pabile Utilities

H.K. Electrics. $58

Borg-Warner ...................... Briggs M'facturing ..

214

201

N. America Aviation North America Co.

71

161

16 quoted on application.

19

18)

Northern Paciác

0161

$161

$15.30

Tramways

Cements, $174.

Brooklyn-Manhattan

Paelic Gas & Elec

251

251

$7

Peak Trama (old)...)

(Prices below in Phil. Currency)

Trans

71

Pacific Lighting

347 34

.

ง

Do.

(Домі

$34

$64

Star Ferries

1841

Antamoks Ps., 51

Brooklyn-Manhattan

Packard Motors ......

4

4

$28

Yannati Ferrie

128

Atoks. 271

$19

China Lighta (old)

$11.80

Baguio Gold, 211

$6 cum. pr. .... Case, J.L

24

221

Faramount Pictures

71 7

75

731

Paramount 1st. pf.

19.10

Do.

(new)

$9.40

Bengulo Oold, 9.50

Canadian Pacific....

51

.51

Pennsylvania R.R....

72 * 17

161

Do.

Rts.

581/19

H.K. Electrics ..............

3.9

$59

314)

410

Macao do.

ANTOLO

#274 $10.60

*22/6

29/6

De.

Sandakan Lights ....

Telophones (old)...

Lo. (now)...

Tractions

(prof) todustrial

$10.55

12.6

Coco Grove. .53

Demonstrations. .38 IXL, 71

Paracale Gumaus, .201 San Mauricio, .50 Suyoc, Consol., 17

Celanese Corpn.

་་P

131

121

Consolidated Mines. .011

Cerro de Pasco...

36

344

Philips Petroleum ... Public Bervice of NJ.

337

33)

294

281

Chesapeake Corpn... 30.* Chesapeake & Ohio 26 Chrysler Corph. ..............

314

Pare Oil

101

10

251

40

46

Radio Corpn.'bf Am. Republic Steel

51

51

157 15

Columbla Gas & El.

6

Columbia 8% "A" pf. 71 *

701

Reynold Tobac. "B" Schenley

381 20

19)

United Paracales, 41

Commercial Credit.., 301

231

Schenley 5% pr.

79.

78

$143

Cald. Macg. (Ord.)S

Commercial Solvents

.72

7

Sears Roebuck

54

54

Do

Praf S

Commonwealth & 8.

11

14.

Shell Union Oil

131 121

Hong Kong, 26th Feb., 1938.

$1,70

$171

Cements

24.05

:.:

!!!

$91

$9.90

153

3/10

60 cta

31%

$39

B.K Wing On

'Shai Do

Vibro Piting

(H.K.)

Va. Powolle.

Canton Icos

Kupes

Miscellaneous

Dairy Farma

$6,70 | Ch. É'tairamonta..............)

Constructions, (old $14

Lane Crawfords..........]

Bioceros................. $2,40 | 83.46

5. C. Enterprises....

70% CG.621925G. Bda.

Spa, H.E. Govt. 1%Loane pm.1.11

Do. Wallace Harper .................

14/6 Marsmans.Inv. (Lon.)

OD

***

CID $261

UD

:6.70

Do."

(ROW)

Nanyang Tobacco...

Watsons

-**- $6.40

$9

3

80 THE EXCHANGE

MARKET

MESSRS. ROZA BROS. Silver prices dropped yesterday

Commonwealth & 8.

Socony-Vacuum

131 123

6% cum. pf.

33

32

Southern Cal Edison

201

21

Consolidated Edison

20

191

Southern Pacifc

12}

114

Consolidated Ou

84

81

Southern Rly. (com)

77

64

BANK OF EAST ASIA, LIMITED.

Continental Can

40

39

Southern Rly "A""

117

101

XD

70%

3106

$101

to the extent of 1/8 for Ready and 1/16 for. Forward, the quota- tions being 20 5/18 and 20 respec-

advices tively. Silver speculators

Continental Oll Corn. Products Curtiss Wright (C.) Cortiss Wright "A" Delaware & Hudson Del. Lackawanna &

254

25

Standard Brands ...

7

7

601

60'

Stand Gas & Elec.

81

3

Authorised Capital....10,000,000.00

Paid-up Capital

41

31

Stand Gas & Elec.

16

152

$7 pl.

17

157

Reserve and Undivided

Profits

91

91

Western reported Deere Co.'

51

Studebaker 51

Standard Oil of N.J. Sterling Products ... Corpn.

45 443

551 561

Head Office:-HONG KONG

47

201

211

Swift

International 231

23

25 having sold. A Distillers Corpn. Sea-

Technicolor

171

17)

was

done.

་་

48

158

| $5.40

70 etw

Sales to Shanghai

LONDON EXCHANGE RATES

(British Wireless Service)

small business market was quiet. American Bil- Douglas Aircraft ver was quoted at 44, 3/4 for Spot. Du Pont

The London-New York rate was quoted at 496.31. New York-London was quoted at 496. 3/14.

The

grams

123

121

Texas Corpn.

371

361

38.

381

Texas Gulf Sulphur 30

291

1101

1081

cross-

Eagle Picher Lead Eectric Boat

91

13

Elec. Bond & Share

.83

Elec. Bond & Share

$5.pl.

Tidewater Assoc. Oil 121 9 Transamerica (new) 20th Cent, Fox. Filma 77

do. Films pf..... 6

Union Carbide

121

10

91

101

Wong YunTong, Esq. Kan Ying Po. Es Chan Ching Shek. Fung Ping Wah, Eay!

P. K. Kwok, Esq. Wong ChuBon, Esq.

25**

26 1

43

44 *

Carton

691

69

MARKET

Elec. Bond & Share

Union Pacific

63

814

Quiet.

$6 pr.

48.*

461

United Aircraft

231 231

STERLING

March 21

March 23.

Paris

162 11/16

182 9/16

Genera

21.634

Berlin

12.374

12.37+

Athens

Milan

941

045/16

*. U.S. DOLLARS

Copenhagen

Stockholm

and probably May:

Shanghai

1/2)

1/21

New York

4.00

4.961

Amsterdam

8.973

8.971

Vienna

Prague Helsingfors

141 11/16

142 1/18

There were sellers at 1/2"29/32 March-May, buyers at 1/2 31/32 | Flintkote Cash and 1/2 15/16 April. prob- Freeport Sulphar ably March.

There were sellers at 30 15/16 March-April

and 30 3/4 June, buyers at 30 15/16 Cash and 30 7/8 May, prob- ably April.

SHANGHAI DOLLARS

Elec: Power & Light Elec. Power & Light

$7 pf.

81

77

United Airlines Trans

01 61.

Amoy

Kawlera

avia

London

Ratreon

United Corpoi .....

2

21 Homabay

Manila

Bespon

Tilostia

Malbourne

Ban Fran

30

304

United

Corpn. $3

MANIR

Magnak!

Cisco

}

14

14

cum. pf.......

27 271

Euphong

Sew York Banctle

Stanhow

Bectarang

243

243

United Gas Corpri

31

Parle Honkah 31

Tokobama Shanghai Singapor

Gen, America Trang

35

331

Un: Gas Iprovem't

91

Gen. Cigar

24 *

24

Un. Light & power

2

17

Gen. Electric

35..

34

US. In'trial Alcohol 15

141 and Exchange business transacted.

Gen. Foods

26

25+

US. Rubber

294 284

Gen. Motora

317

311

US. Rubber pf.......

741

Securities...

Gen. Rallway Signal

17

161

U.B. Smelting

BO 58

Glidden Co.

170

151

US. Steel

48 491

Godchaux

Sugar

Vanadium

151 141

ceived fur

опе

Current Accounts opened in Local Currency and Fixed Deposita re-and Abroad.

shorter year or

Class "A"

Goodrich (BF.)

143

131

Warner Bros. Pict.... Westinghouse

41 41

periods in Local and Foreign Car-

rencies on terms which will be

Elec. $2

quoted on application.

Nominal

Goodrich $5 .pf.

47 *

47 *

Woodward Tron Cor. 144

133

Safe Deposit Boxes To Let.

Lisbon

Hong Kong

1/2 13/16

1/21

SHANGHAL MARKET

Goodyear Tire & Co.

191

181

Youngstown Sheet

Great Northern Rly.

16

151

& Tube

331

314

KAN TONG PO,

Chief Manager.

Bombay

Nominal.

Montreal

4.987

Brussels

Yokohama

Belgrade

29.49

4.90% 29.501

Great Western Sugar 25

25

Chase National Bk. 29}*

641

471

61

817

81 341 334

101

Reserve Liability of

ནཱཀྐཝབྷཏྟཾ བྷཙབྷཡྻ བྷཎྞཐཱ༢ 8ngགཙོ ཙཙནྟཔྤཨྠཚོསཡཐྰནཱནཱབྷཱཨོཧྲྰིཀྰནྡནྣཨོཾཧྲྰིཀྑཙཛྰ༡ ཿཨྰཿཀྰཨྰཿཨྰཿཀྰནྡྷནྡྷནཱཚཊྛིཥྞ སློ#t we=aཨྰཿ37vཊྚནཱ ཎྞཡྻོ

Head Office:-HONG KONG

Chairman.

priators

MANCHESTER BRANCH: 71. Mosley Street, Manchester...

AGENCIES AND BRANCHES:

ALOR STAR

· MAIDON" ILOILO

Deputy Chairman. AMRITSAR.

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

J

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

G. Miskin, Esq.,

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

BANGKOK BATAVIA BOMBAY CALCUTTA

CANTON CAWNPORX CEAU COLONBO DELET

MADRAS MANILA

SEMARANG

CHEMBANG

(Bhuket)"

IPOH KARAOHI KLANG КОВЕ KUALA

SHANGHAI

BINGAPORE

SITIAWAN

LUMPUR KUCHING

BOUHABA YA

TAIPING

TURNTAIN

TUNGKAR

Sir Yandeleur M. Grayburn,

MEDAN

Chief Manager, AIPHONG

FEW YORK

TSINGTAO

HAMBURG

Branchesi Jooh

Penang Johore Rangoon Kobe.. Saigon Kowloon Kuala

MANKOW

HARDIN

San

Amoy Bangkok Batavia Bombay Calcutta Canton Chefoo Colombo

Francisco

Lurapur Shanghai London Singapore Sourabaya Lyons Dairen Malacca Sungei Foochow Manila

Patani' Swatow. Haiphong Muar Hamburg

(Johore) Tientsin Hankow Mukdeni Tokyo Harbin New York Tsingtao

Yokohama

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

PRIPING

YOKOHAMA

(Poking) SAMBOANGA

PENANG

HONG KONG SANGDON

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 Exccutor and Trustee business, and claims re- Tax of British Income covery overpaid, on terms, which may be ascertained at any of the Agencies and Branches.

R. W. ROBERTS,

Manager.

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.

An American Bank offering com- plete Foreign Banking Service in the principal Markete of the world.

Interest Rates on Application...

SAFE DEPOSIT BOXES

This Bank is entirely owned by THE CHASE NATIONAL BANE, NEW YOLK, with Resources over U.S. $2,500,000,000. ***

D. M. BIGGAR,

Manager.

No. 10, Des Voeux Road, Central,

Board of Directors:- 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 Branches

Li Koon Chat, Esq. Li Lan Sang, Eain 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

Kan Tong Po, Esq., Chief Manager. Li Tre Fong, Esq. Manager

Bronches and Agencies:-

th. Pripiar

Pinang

Sourways Batow

Every description of Banking

Head Office: SHANGHAI

Hongkong Branch':

4, QUEEN'S ROAD, C. South China Offices:

CANTON

KONGMOON TOISHAN

SHIUCHOW KINGCHOW

We also handle the issue of Bonds

Loans granted ол approved and other Public Funds of the Chinese Government both at Home

THE CHASE BANK

Also up to date Safe Deposit 15, QUEEN'S ROAD CENTRAL Buxes in various sizes To Let.

HEAD. OFFICE: Hong Kong. 28th Feb... 1938.

18, PINE STREET,

NEW YORK.

4,598,000.00

2,776,726.70

Sydney

Talhoku

Tientela

Tokyo

63001942

SWATOW

SHOU J. CHEN -

Manager.

Greyhound. Corph.

箱

National City Bank 231*

*220*

Hecker Products

B

53

Call Money

1%

1%

t ex. div.

⚫ bid.

Monte Video

Bucharest

Flo

Silver (Forward)

Surer (Spot)

War Loan

ON LONDON :---

20

20 7/16 31% 1014.

Closing Quotations

Ma ch 24, 1939.

Telegraphic Transfer... 11/2 Bank Bills, on demand

20.

20 5/10

31% 101-11/16

ON NEW YORK:-

Bank Bills, on demand 30 Credits, 60 days' night 31

ON BATAVIA :-* -

13 16

On demand ON PARIS:-

Credits, 4 months' sight 1/2-1/16

ON SHANGHAI -

On-demand

OR SINGAPORE:—

On demand

ON JAPAN-

1042

41

י'

56-5/18

Bank Bills, on demand" 920

ON SAIGON :-

1213/18 Ox MANILA-

IN THE AFTERNOON The market was quiet in the afternoon.

STERLING

The market closed with sellers at 1/2 29/32 March-April and 1/2 | 7/8 May-June, buyers at 1/2 15/16

Cash-May and 1/2 29/32 June.

U.S. DOLLARS

The market closed, with sellers at 30 13/16 March-April and 30 3/4 May-June, buyers at 30 7/8 March-May and 3D 13/16 June.

REICHSMARK QUOTATIONS

Berlin, March 23. The Reichsmark quoted,

Was without guarantee, as follows:-

Credita, 4 months' right 1,068

On demand

981

New York, 40.145.

On' demand

819

ON BANGKOK-

Paris, 1307.

On demand

1001

On demand

Amsterdam. 12.50.

1604

OM INDIA:--

Sovereign. Notes

London. 12.38.

Parla Sterling, 162.75 to 163.

Telegraphic Transfer... Bank, on demand

1/3

BAR SILVER, DOS DE

Paris US. Dollar, 32.86 to 32.23.

20-5/18

Bank Buying Rate.....

NO COVER FOR PUPPET NOTES

REPORTED EXCHANGE 'DEALS UNTRUE

Tientsin, March 24. Yesterday's Pelping reports to the effect that banks affiliated to the Federal Reserve Bank were. transacting limited foreign ex- change on the basis of 1/2 have hitherto remained unsubstantiated, Local banks decline to sell Alleging against Federal notes, that no testructions have been re- petrol A

¡H.K. SHAREBROKERS' ASSOCIATION BUYERS

Providents (Old); $3.45. Providents (New), $1.45. Trams, $15.30.

Electrics, $59. Cements, $171. Watsons X.D., $61.

SALES

Electrics, $59. ' Cements, $174. Watems. XD., $63. San Mauricio, 82 cts.

PHILIPPINE

MINING NEWS

THE TOKOHAMA SPECIE BANK

LIMITED

Capital (fully paid up)

Yen 100,000,000.00 Reserve Fund ......Yen 135,900,000.00

Hsinking Bio de Karachi Janeiro

་

Kobe

Ban London Francisco Los Angeles Seattle

Bemarang Moji Shanghai

Hand Office:-YOKOHAMA

THE BANTA BARBARA Mining

BRANCHES AND AGENCIES AT: company held its annual meeting Alexandria Honolulu Rangoon recently and re-elected the follow- Bangkok ing to the board of directors; J.Batavia Arnault, president; Miss Maria Berlin

Bombay Martines, vice president; A. W.

Calcutta Ralston, R L. Lile and J. Castro,

Manila Canton members.

Dairen IXL MINING COMPANY, Inc., (Daloy) Nagasaki Singapore held its annual meeting of stock- Fengtien Nagoya Soerabaya holders on March 16.

(Mukden) New York Sydney

Tientsin MINERAL RESOURCES, Inc.. Hamburg Osaka

Tokyo elected the following officers and Hankow Otaru

Harbin Paris Taingtao director sfor the current year in

Tinkow

:

the stockholders' annual meeting: Hong Kong Peking 8. F. Gaches, president; M. M.

Saleeby, ce-president: Kenneth

Interest allowed Accounts.

on

Current

Deposits received

for

Fixed

B. Day, treasurer; Jose Araneta, A. Periods at rates to be obtained

N.. Juridini V. C. Lednicky, and A. on application.

It is rumoured that negotiations but at present the position is un-F. Peters, directors, O, M. Shuman are in progress whereby, "daylight" changed with no cover svaliable was relected secretary and as815-

tant treasurer may be seen in the distant future. agai

notes Reuter).

Y. KANO,

Manager

Hong Kong, 10th March, 1938.