1938-03-31 — Page 12

PAGE 12-HONG KONG DAILY PRESS

DAILY SHARE QUOTATIONS Hong Kong Stock

Exchange

Bellers

$1,525

£8

2111

223

Sharebrokers' Association

WEDNESDAY. MARCH 30.

Banka

M.K. Baoka Jo

fr

Bo. (London ... Chartered Ban.....

Mercantile Rs. “A”

Do,

"C"

FINANCE

ALTERATION NEW YORK STOCK EXCHANGE

IN RUBBER QUOTAS

MANY COUNTRIES |*1,5+ GET ADDITIONAL

TONNAGES

MEG

£11

H

21- 214

Bank of East Asia.....] - $80

London, March 29. The final recommendations of International Rubber Com- mitee to the signatory govern- ment, with regard to the renewal of the regulation agreement, con- tain among other things proposals for alteration of the basic quotas for the years 1939 to 1943.

N. O. & S. Banks ag

insurances

the

$275

Canton lusarm/roes..

3976

635

Union Insuranovs ........ 3635

$2

Underwriters

lex.uir.

1933

H.K. Firs

XD

#933

Stopping

$67

Dongles

*70

戳記

Swambwa

.8!

Indo-Chinas (pret)

**

Do. (def.)

77/6

Stellame

194

Waterbos

Mining

13/8

17,90

Venozonia Guld Fit

Kailana <-- Hats.

$7.J

$3,10

#ili

$3.50

10 eta "Hongkong Mine...

Docks, Wharvik,

Godowns, ala.

H.K. & K. Wharve

Providents (uli!

70/- 30/- 77/0

is

Compared with the gures put forward earlier, the recommenda- tions for Malaya, the Netherlands Indies and Slam are unchanged. 14/6.. but Ceylon's proposed quota for

cach

now 8.000 tons year above that of the original recom- mendation.

Similarly, Burma is offered an additional 1.500 tons each year: | North Borneo an additional 2.000 in 1939, 1.750 in 1940. 1941 and 1942, and 1.250 in 1943: Sarawak an additional 4,000 each year, ex- 'cept in the case of 1940, when it. is offered an extra 4,250 tons. RUBBER PRICES BREAK While the Committee's decision to leave the quota for the second quarter unchanged has not sur-

$130

(2,60,63

$1.65

Do.

(new)

#135

1.55

Xrta 121.80

II.K. & W. Dock

$311

rto

#21

De.

(De)

l

| LOZE KLE

*11

Da.

~\(rta) $11}

393

$100

$3

changna Dock. S.

$1,90 New Enginneringe. 8.

57

#301

$100

$84

*5.40

137

872

Lands, Hotels, and

Pai danas

H.K Hotels

1.K lands.......... Du.4% Dabentures Shanghai Lande.....S, Metropolitan Lands.

H.K Realties.......

Humphreys

China Esta Lem

Cotton Mills

Ewos

S'am Cottons

poor dings........ Wing Or Textiles.!! Ewb Cotton Rts. S

Public Utilities --

'Tramways ****

€16.50

$7

Star Ferrics 184

923 Youmusti Furries

***

$12.10

$7

$51

19

།

$100 prised the majority, London rub-

ber prices nevertheless sharply, dipping under sixpence for the first time for four years.

The weakness was chiefly attri- buted to outside liquidation which found the market bereft of buyers who anticipating further liquida- tion of the weak positions. are at present holding off.

$13.80

$70 #24 833

31315.95

37

Poak Trains (old)...

Do.

37

(new)...

Chias Lights (old).- $12.10

#9.10

Do.

(new)... $8,10

Do,

Rs.

0501

1801

$191

A

114

127

0104

$101

35/-

29 B

231-

LTAGAR

H.K. Klectrice .............. Масло да Sandakan Lights

1261 Telephones (old)"...

Do. (new) Tractions

Da. (prof.)....

Industrial

9131 Cald., Maog. (Ord.)S

Do. Prof.S

#1:0

$12

$1.70

Canton Ics.

Cements

$4,90

Rupis.........

#25

i!! :i

$17.80 LD

34.00

$26

CD

$6.70

Constructions, (old:] 15

Do.

(new

New York: March 30

(Through Reuters Service)

QUOTATIONS

New York/Loudon Creas aus Now York Cotton-May, New York Rubber-May. Chicago Wheat

Well-informed circles recognise Brooklyn-Manhattan

$5 cum. pf. the Committee that

had little : option regarding the second quar- Case. J.I. ter quota, for whereas a five per cent. reduction would not have afforded any material relief, a 10 cent. cut would undeniably per have raised problems in connex- tion with the labour position.

While some consider the Com- mittee has merely shelved the question of the quota for the third quarter. others consider it possible that it may have possession of estimates indicating an improved United States consumption for the jlatter half of the year. (Reuter),

H. K. STOCK EXCHANGE

fo"

THURSDAY, MARCH 31, 1938.

BANKS

Last

High Close

1

Clue

Change

2,70 6,50

9.73

1232 134 12 0*

11.45

,18 of 1.40 off

--May.

8.

1 up

Chioagy Corn

Slay.

BIY

Winnipeg Whear May.

123 192

dii 11-4

Wit 123.

1/4 off

up

Suver Utficial

1907

Migh

Low Dow Jones Averages.

Mar. 28.

134.901663

So Industrial

01 +4.

31.77 +968

*

Rail

10.40

230 +609

3

Utilit

18.11

High Low Close 105 87 10 36 1 193 20.10 19.18 123 1 .05 15.29 15.33

1170 8429

66.

64.91 5. 16

} |

Slip latex 81.17

84.31 50.60

Change 233 of 1.13 of .76 of .00 of .0% off

Business Done:—-1,720,'an- sharos.

STOCKS

Last Sale

STOCKS

Last Bale

Mar. 28 29

Adams Express ................. Alleghany Steel Co. 13) Allis Chalmers". Amer. Can

7

61

Humble Oll

Mar. 28 29 59

571"

123

Int. Nickel

451-

42

J. R. Masson, Esq.,

391

36

Int. Tell & Tel

M

B1

G. Miskin, Esq.,

791

'76

int. Dept. Stores ...

7

E. S. Morrison, Esq.,

Amer. Cynamid "B" 17

A. L. Shields, Esq.,

101

Kennecott Copper.

301

271

Sir Vandeleur M. Grayburn,

Amer. For. Power 21 Amer. & For. $7 p£...141

Lambert Corpn. ......

91

9

CZBU COLOMBU DELBI

Chief Manager AIPHONG

131

Libbey-Owens- Ford

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital $50,000,000) issund & Fully Paid-Up 820,000,000) Reserve Funde:-

Sterling

.......£8,300,000 H.K. Currency Reserve $10,000,000| Reserve Liability of

Proprietors.....................................

THE CHARTERED BANK OF INDIA AUSTRALIA AND CHINA Incorporated by' E-gal Charter. 1855 HEAD OFFICE: LONDON: 33. Bishopsgate E,C.2

raid-up Capital $20,000,000 Reserve Fund....

Head Office:-HONG KONG

Chairman

Board of Directors. T. E. Pearce, Esq., Hon. Mr. J. J. Paterson,

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

Hon. Mr. S. H. Dodwell, Hon. Mr. M. T. Johnson,

Reserve Liability of Pro

prietari......

£3.000.000 £3.000,00

£1.000.000

MANCHESTER BRANCH: 71, Mosley Street, Manchester.

AGÈNCIES AND BRANCHES

ALOR STAR

AMKITSAR

BANGKUK

BATAVIA BOMBAY

SALOON

SEMARANG

CALCUTTA CANTON CAWNPORE

ILOILO .APUR

KARICHI

KLANG KUBE KUALA

ARK KMBANG

SMANABAL

SINGAPORI

SITIAWAN

LUMPUR

BOURABAYA

=

XUCHING

TAIPING

TIRITSIN

MANILA

TONDRAH

SERDARE

(Bhuket)

NEW YOUR

TSINGTAO

PELPING

MADRAS

HAMBURG

Amer. Locomotive... jši Amer. Metals Amer. Radiator Amer, Rolling Mill .... 154 Amer. Smelting..... 31 Amer. Sugar Ring... 231

... 116 Amer. Tel. & Tel Amer. Tobacco "B" 60 Amer. Waterworks... 67 Anaconda Cepper.... 201

·Atchison, T. & 8. Fe. 251

121

Glass

251

241

27.

24

Lockheed Aircraft

61

51

Amoy

Branches:- Ipóh

10

91

Loew's Inc.

361

34

Bangkok

Johore

131

Lorillard

141

141

Batavia

Kobe

Penang Rangoon Saigon

281

McKesson & Roobins..

| Bonbay

Kowloon

22}

$3 pt.

"201

238

Calcutta

Kusia

1121

Martin, Glen L -

15}

141

Canton

Chefoo

61

Monsanto Chemical 73

71

Colombo

Lyons

61

Montgomery Ward... 291

261

Dairen

Sungei Maincer

226

Nat. Bond Invest-

Fonchow

Manila

Patani

221

ment

10.

104*

Haiphong Muar

Swatow,

Atlas Corpu.

61

51

Nat. Cash Register 14

123/

Hamburg

(Johore)

Tientsin

Auburn Motors

3

3

Nat. Dairy Products 121

12

Hanko

Mukden

Tokyo

Baltimore & Ohio...

41

43

Nat, Distillers......

18

18

Harbin

New York

B'more & Ohio Pfd.,

.61

G

Nat. Power & Light

5%

5

Hongko

Peiping

Tsingtao Yokohama

Iloilo

broke

Barber & Co.

13

123

Nat. Supply Corpn.

18,

15

Barnsdali Oll

113

101

New York Central...

11

10

Current

Accounts

opened in

Bethlehem Steel

473

431

Niagara Hudson P

Boeing Airplane Co.

241

211

Corpn.

51

·5)

Local Currency and Fixed Deposits received for one year or shorter

. San

Francisco

Lumpur Shanghai London Singapore Sourabaya

HANKOW

HARBIN

BONG KONG

YOKOHAMA

(Peking) ZAMBOANGA

PENANG

RANIOON

FOREIGN EXCHANGE and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSIT received for One Year or shorter periods að rates which will be quoted on applica- tion.

The

in Office Bank's Head London undertakes Executor and Trustee business, and claims re

of British Income covery

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

R. W. ROBERTS,

Manager.

Borden Co.

161

16

N. America Aviation

B1

6

Borg-Warner

191

*17

North America Co. 15

141

Briggs M'facturing. 15)

141

Northern Pacific..."

73

61

periods in Local and other Cur- rencies on terms which will be quoted on application.

Brooklyn-Manhattan

Pacinc Gas & Elec

251

25

Trans......

3

51.

Pacific Lighting ..............

33 *..

323

Packard Motors ......

3

31

181

181

Paramount Pictures

61

61

68

031

Paramount 1st. pf. 68

66

Canadian Pacific Celanese Corpn. Cerro de Pasco ............. Chesapeake Corpn.... 314 Chesapeake & Ohio 251 1422 Chrysler Corpn. ... Columbia Gas & El. 51 Columbia 6% “A” pr. 68 Commercial Credit... 282. Commercial Solvents Commonwealth & B

19

51

51

Pennsylvania R.R.... 15

15

111

101

Phillips Petroleum... 30

23

324

27

Pubile Service of NJ, 261

25

29

Pure Onl

91

81

231

Radio Corpn. of Am

5

5

371

Republic Steel

13

12

St

Reynold Tobac. "B" 351

341

68

Schenley

191

183

24

Schenley 5% DI.

721-

72

61

6

Sears Roebuck

50

47$

11

1

Shell Union Oll

111

10.

Commonwealth & 8.

Socony-Vacuum !...

114

11

6% cum. pt.

29

261*

Southern Cal Edison

201

191

Hong Kong, 28th Feb., 1938.

Consolidated Edison 181

· 172

Southern Pacifie

101

91

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 conducted by the HONG KONG SHANGHAI BANKING COR- PORATION. Rules may be ob- tained on application.

For the HONG KONG & SHAKIAI BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager.

THE CHASE BANK.

16, QUEEN'S ROAD CENTRAL

HEAD OFFICE:

18, PINE STALKY,

'NEW YORK.

An American Bank offering cots- piets Foreign Banking Service in the principal Markets of the world.

Laterest. Rates on Application.

SAFE DEPOSIT BOXES

This Hank is entirely owned by TEL CHISE NATIONAL BANE, New Your, with Resources over *U.S. $2,800,000,000. -

D. M. BIGGAR,

Manager

Consolidated Ou

77

-74

Southern Rly (com)

'61

57

Continental Can

381

387

Southern Rly "A"

101

A

Continental Of

.221

213

Standard Brands ....

61

B

BANK OF EAST ASIA.

Cora. Products

Curtiss Wright (C), 3)

Cartiss Wright "A" "141

Delaware & Hudson -8)

39

Del. Larkawanna &

4

YESTERDAY'S

Western ...

32.45

Deéte Co.

$6.70

Distillers Corpn. Sea-

grams

1106

Douglas Aircraft

$108

Du Pont

Eagle Picher Lead

49

Electric Boat

189

་་་

Elec. Bond & Share

Elec. Bond & Share

35 pi.

70 c.a

Elec. Bond & Share,

$8. pf.

LONDON

(British Wireless Service)

Mar. 28

Mar. 29

184 0/16

162 31/32

21.971..

21.661

.A... 12.36)

941

941

1/bellers 4.96 8.06 15/16

4.97 7/18

142 5/16

1/2 7/18

H.K. Lands, debentures 4% $100.

Elec Power & Light

Elec. Power & Light

$7 pt.

Parkote

Freeport Sulphur

Gen. America Trans-304

Gen. Cigar ....!!

12,37

Gen. Electric

Gen. Foods

Gen. Motors

Gen. Rallway Signal 15

Glidden Co.

1/1

i Godchaux

Class "A"

Goodrich (B.F.)...... Goodrich $5 pt.

Goodyear Tire & Co. 187

Great Northern Rly. 14 Great Western Sugor. 261 Greyhound

Hecker Products.

Miscellaneoux

Dairy Farman09 109) 16.10 Ch. E'tainment....................

$9.20

0.75/80

71%

Lane Crawfords.....

Nanyang Tobacco..

Sinceres

Watsons ****

3. C. Enterprises ... C.G.5X1826G.JBL.

pa H.K. Gora, (Z Loan

Do.

31%

Wallace Harper..... B.K Wing On

S'hai

Do. Vibro Piling ........ tao 1 ranians Îi *.(Lon.. (EL K.)

#61

3/10

50 ata

Paris

Селета

Berlin

Athens

Milan

Copenhagen

Stockholm Shanghal New York Amsterdam Vienna 'Prague Helsingfors

Lisbon

Hong Kong

Bombay

Montreal

Brussels

Yokohama

Belgrade

Monte Video Bucharest

Rio

Silver (Forward).

Silver, (Spot)

War Loan

UN LONDON!-

Wo. Powelle "Sales to Shanghai

EXCHANGE RATES

4.981 20.42

1/2 13/10

201

الم

19 7/18

191

31% 101 9/16.

Closing Quotations

March 30, 1938,

Telegraphic Trausfer... 11/1

Bank Billa, on demand 11 18 Credits, 4 months' sight.1/2 16/16

ON SHANGHAI:

ON NEW YoBX; —

4.98 11/16 29:40

1/1 31/32

OFFICIAL

QUOTATIONS

The market was again very quiet with very little business passing.

Manila was easier.

BUYERS

Bank of East Asta, $80. Univh Insurance. $535. China Underwriter, $2.

HK. Steamboats. $161. Providents (old), $3.60,

Chinese Estates, $97.

HK. Tramways, $15.80. Peak Trams (old), $7.

Star Ferries, $811.

China Lights (cld), $12.10. H.K. Electrics. $591. Sandakan Lights, $141. Cements, SITE.

Sinceres. $2.20.

Wing On (HK), $49.

Wm. Powell, Ltd. $0.60.

Constructions, $11.

HK. Govt. 34% Loan, 2% pm. Wallace Harpers. $10.

Marsmans (H.K.), 3/10.

SALES

Hong Kong Pank. $1525

Raubs. $7,00

H.K. Lands, $35) FK. Electrics, $59).

Telephones (New), $18)

Watsons, $6.75/80

HK, Docks ex. rights. $21.30,

(Prices below in Phil. Carrency}

Antamoks, Ps. .51

Atoks. 251

181

Baguio Gold, .20

181

"Benguet Consol. 9.50

31% 101 3/18. -

Coco Grove, .42.

Consolidated Mines, .011

Demonstrations. .331

Bank Billa, on demand 30-7/16 Credits, 60 days' sight 30 15/16.

ON BATAVIA:

IX.L, .20

San Mauricio, 42

Suyoc Consol, .15

United Paracales, 41

REICHSMARK QUOTATIONS Berlin, March 28, The Reichsmark was quoted, without guarantee, at:-

New York, 40,10 Paris, 1329

On demand.

561

ON PARIS:-

On demand

110

Bank Bills, on demand 900 Credits, 4 months' sight

1/6S

Ox S100N:-

SINGAPORE:

On demand

98!

On demand

B21

ON MANILA: ---

On demand

61

ON JAPAN

Amsterdam, 12.25 to 12.50

ON BANGIOL:-

London, 12382"

On demand

On demand

1514

ON, INDIA:

Bovereign Notes

Paris Sterling, 183 to 163.25 Paria US Dollar, 32.87 to 32.90,

Telegraphic Transfer. Bani, en dat

Bank Buying Rate......

1/21

(Transocean).

Bar Biles, OPP DL, mune.

181

THE EXCHANGE

MARKET

MESSRS. ROZA BROS.

Specially Chartered by

404. Paid-up Capital 5,598,600.00 THE NATIONAL GOVERNMENT

Uncertain at the opening but a

firmish tone

2,776,728.70

Li Koon Chun, Esq. Li Lan "ang, Fai.

OF CHINA AS AN INTERNATIONAL EXCHANGE

BANK

PAID-UP CAPITAL.".$40,000,000.DA BRANCHES ALL OVER CHINA) Owing to our numerous Branches

in China and necting in the

P. & Kwok Esq. WongChuSouEsq principal Commercial Centres of Wong YanTong, Esq. Kan Ving Pu, Kerthe World, we are able to extend "han Ching Shek

Fong Ping Wah,.,

Esq to our Clients special facilities for Domestic and Foreign Banking and Kan Tong Po. Kiq., Chief Manager.Exchange. Li Tae Fong, Esq., Manager."

Fening

Barndo

Balcon

San Fran

Bourabay

Bydney

Talhora

Tlenido அடில்

Every description c Banking

Head Office: SHANGHAI

Hongkong Branch:

4, QUEEN'S ROAD, C.

South China Offices:

CANTON

́KONGMOON

TOISHAN KINGCHOW

We also handia the issue of Bonds

and Exchange business transacted and other Public Funds of the Loans granted on approved Chinese Government both at Home ..

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

ceived for one year or shorter periods in Local and Foreign Car- rencies on terms which will bel quoted on application.

Safe Deposit Boxes To Let. KAN TONG PO.

Chief Manajer.

developed. Subse. PHILIPPINE

quently the market

eased off

slightly. At closing time the tone

appeared to be steady.

STERLING

1

Business was done at 1/2 27/32

THE YOKOHAMA SPECIE BANK

LIMITED

Capital (fully paid up).

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

Head Office:-YOKOHAMA

BRANCHES AND AGENCIES AT :

Hinking" Rio do Karachi Janeiro Kobe San

Francisco

MINING NEWS Alexandrit llenalula Rangoon

Bangkok MAMBULAO-PARACALE Mines. Batavia

Dairen

Silver prices were substantially 1/2 13/16 and 1/2 25/32 for near Inc., reported recently that the Berlin

deliveries, closing with sellers at exploration work on its 50 claims Bombay lower yesterday to the extent of

1/2 25/32 Cash and 1/2 3/4 April, of manganese in Burgos, Pan-Calentta 11/4 for Ready and 15/16 fol

in Candelaria, Zambales, is pro- Forward, the quotations being 18 buyers at 1/2 13/16 Cash-April gasinan, and 50 claims of chromite Canton

gressing rapidly. 3/8 and 18' 1/8 respectively. 81 and 1/2 25/32 May.

Mining activities on these pro- ver advices reported speculators as having operated both ways. The Continent sold. The market was

U.S. DOLLARS The market opened with sellers

fee and profit sharing basis,

and

London

Los Angeles Seattle Manila Semarang Moji Shanghai (Dalny). Nagasaki Bingapore | Fengtier Nagoya Boerabaya

Hamburg Osaka.

(Mukden) New York Bydney

Otra Hankow Harbin Paris

at 80 11/16. Subsequently sellera perties are under the management appeared at 30 3/4 and 30 13/16. of Federated" "Management uncertain. After the official leading to some business at these Investment Company on menthis Hong Kong Peking ing Boars covered. Speculators bought but sellers were reserved. rates. The market closed with American Suver was lower at 42sellers at 30 9/16 April, buyers at 30 11/16 Cash and 30 5/8 May, 3/4 for Spot.

probably April,

The London-New York cross- rate was higher at 497,34. New York-London was quoted at 497. 1/2

SHANGHAI DOLLARS Nominal...

SHANGHAI MARKET

Nominal

Interest allowed

Accounts.

Tientsin

Tokyo

Tsingtao

Tinkow

Current

· Fixed:

по

Mambulao-Paracale has 12 gold Deposits received for lode claims in Paracale but work Periods at rates to be obtained has been temporarily suspended as on application, work is being concentrated for the present, on its base metal proper- itter:

Y. KANO,

Hong Kong. 10th

1938.

551

541

Stand Gas & Elec.

2+

2)

LIMITED..

BANK OF CHINA

3+

Stand Gas & Elec.

134

$7 pt.

14

13

Authorised Capital $10,000,000.00

71

Standard Oil of N.J.

421

Sterling Products ...

52

49 Reserve and Undivided

4+

41

Studebaker

Corpn.

4

33.

Profits

151

173

Swiit Internationa: 231

223

Technicolor

151

141

121

111

Texas Corpn.

342

331

Head Office:-HONG KONG No. 10, Des Voeux Road, Central.

35

311

Texas Gulf Sulphur 28

201

1031

99

Tidewater Assoc. Oil 11

101

Board of Directora 3---

72

71

Transamerica (new)

11

81

Sir Shauson Chow, Chairman

6+

61

51

5

20th Cent. Fox. Films 17

do.

"161

Films pf...

254*

251

Union

Carbide

&

38 *

38

Carbon...

654

614

Eaq.

Union Pacific

624

59

434

43

United Aircraft

211

191

7

81

United Airlines Trans

51

SĮ

United Corpn. .......

2,

2

Briches and Agencies:-

254

23

United Corpn. $3

Asoy

121

11

cum. pí.

261

251

Hatarin

Kowloon Lasdon

224

20

United Gas Corpn. 3

27

Manila

Owerkta

Take

29+

Un. Gas Tprovem't. 91

81.

Melbourn

Bagzak!

Balphong

New York

Benstle

22

21

Un. Light & power

17

11

Stankow

Onka

Semarang

311

29

US. In'trial Alcohol 144

154

Hegelato

. Parle

Fanghal

Roh

Peipior Sin

Takra Vancouver

SWATOW

Tokohama

SHIUCHOW

231

231

U.S. Rubber

261

234

291

271

US. Rubber pt.

s

614

13

US. Smelting

48

45

142

13

UB. Steel

441.

393

Sugar

Vanadium ***

137

12

securities.

Warner Bros. Pict....

A

37

121 42 *

10

Westinghouse Elec. 71

852

"SHOU J. CHEN

Manager,

42

Woodward Iron Cor.

121

10k

16

Youngstowns

Sheet

131

& Tube

25 281

24

Corpn. 24

84

51

51

Call Money

Chase National B 28* National City Bank 201*

·1%

251*

202*

1%

1 ex. div.

• bid.

MARKET