1938-05-06 — Page 13

Daily Press 孖剌西報 All

PAGE 12 HONG KONG DAILY PRESS

DAILY SHARE QUOTATIONS Hong Kong Stock

Exchange

Sharebrokers Association

FINANCE

H. K. STOCK

NEW

YORK

STOCK EXCHANGE

EXCHANGE

(Through Reuter's Service)

Butler

Valsenal

THURSDAY.

Buyoru

Baller

MAY 6.

Banka

t

ER

£14

$90

+

$1,688 ELK Banks

Bo. (London) ... Chartered Banke Mercantile

Do.

`Bank of East Asia....

N. O. & 8. Barka ...

•List

Bks "A

Pa

£14

Salar

in

$1,603 £91

YESTERDAY'S OFFICIAL

QUOTATIONS.

Market generally is unchanged but some stocks show an improve- ment principally Providents. Elec- trics and Telephönes.

BUYERS

New York: May 4

QUOTATIONS

Last Today.

New York Cotton-July. New York Rubber-July, " Chicago Wheat-duly. Chicago Corn July, Winnipeg Wheat-July,

1104.

High Low Close 8.73

8.60 11.65 11:50 11.63 78.. 77 701 18 BAN

1101 10

Close

Changt

8,3

+}'

8.03. 11.60. 76) 38

.0% d

..off

Sterling

unch.

3,8

Reserve Liability of

109

Proprietors

190

HK. Bank (Lon.). 'EM.

1938

19

Union Insurance, $527.

High

Low Dow Jones Averagos

May 3.

High Low Close Chang

...Insuradeda

H.K. Steamboats, $22.

134.80 98.95 0 Industrials

11271

114 31 111.89 113 89

1.17 p

$370

Canton Insarsades,

CD

F

1170

HK. & K., Wharves. $137.

82.77 19.00 20 Rails

21.45

B1.4 11.30 21.01

06 up

$827

$577

Unlos InsurancOS ***

1820

Underwriters wer

12.15

Providents (Old), $3.85.

29,20 15.14 50 Utilitio

18.31

18.31 18.05 18.45

.94 op

92.70 83.39 40 Bonds

88.7

36.68

al dip

1233

H.K. Fires...

#237

Providents (New), $3,80.

54.89 48.33 11 Commodity Index 48,80

$0.56

.03 up

Shipping

Venz. Golddeld, $2.60.

Business Done:-550,000 shares.

$85

Douglason

*80

H.K. Lands, $37kα

::

Steambte

$294

H.K. Lands, 4% debentures, $374.

$80

Indo-Ubinas (prol)

STOCKS

#161

194

Do. (def.)

Humphreys, $9.19.

$24

Last Sale May 3

STOCKS

Last Sale

*

May

3

+

83/11 Shell marine muna

HK Tramways,, $17.20.

63/1

Adams Express........... 81

Humble Oil

657

67

$890

Waterbost

8.90

Peak Trams (Old), $7.

Alleghany Steel Co.

141*

14*

Int. Nickel

481

461

IH

Mining

Star' Ferries, $881.

Allis Chalmers

401

402

Int. Tel Tel.......

74 8

FRIDAY, MAY 6, 1938.

BANKS

HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDİA

BANKING CORPORATION"

Authorised Capital ......$50,000,000 Issued & Fully Paid-Up $90,000,000 Reserve Funds;— ;

£8,500,000

AUSTRÁLIA AND CHINA Incorporated by Royal Chariát, 1935

HRAD OFFICE: LONDON: 38, Eishopsgato ECU.

H.K. Currency Reserve $10,000,000 Paid-up Capital....

$90,000,000 Rare Liability of Pro-

Head Office:-HONG KONG-

Board of Directors. T. E. Pearce, Esq., *

Hon. Mr. J. J. Paterson,

Reserve Fund

Chairman.

Deputy Chairman. AMRITSAR J. K. Bousheld,” Esq.;

A. H. Compton, Esq.,

Hon. Mr, 8. H. Dodwell,

M. T. Johnson, Esq.,

J. R. Mason, Esq.,

Q. Miskin, Esq.,

K. S. Morrison, Esq.,

prietare

£3.800.300 ***...- £3.000.000

63.900.000

loa

MANCHESTER BRANCH: 71. Mosley Street, Manchester.

AGENCIES AND BRANCHERS;

ALOK HTAR ILOILO

BANGKOK → KARAOH) BATAVIA.. BOMBAY CALCUTTA

CANTON

KLANG

кош

LUMPUR

KUCHING

MADRAS

·SEMARANG

JARAMBẰNG

3 SMARGRIE

SINGAPORE

BITIAWAN BOUNARAYA

TAIPING TIANTRIN

* KUALA

CAWNPORK

16/-

Kailang

15/0

China Lights (Old), $12.20.

Amer. Can .............

85

85

Int. Dept. Stores

77

***

Hon. Mr. A. L. Shields,

AVA

10/

Raubs...................

1

CULDMSO DELHI

MANILA

MEDAN

TUNGKAR

(Bhuket)

China Lights (New). $9.10.

A

12.60

11cts

Hongkong Minos

Venozusin Gold F. #21

Amer. Cynamid "B" 181

18

Kennecott Copper...

33

331

D. C. Edmondston, Esq.,

MAIPHONO

H.K. Electrics, $81).

Amer. & For. Power

31

34

Lambert Corpn. „..... 101*

104

Acting Chief Manager. HAMBURG

Ducks, WharvEN,

Cacao Electrica, 317.60.

Amer. & For. $7.p. 171

Godowns, ete.

H.K. & K. Wharto

$137)

$3.85

1.85/00)

531

et. 19

21

411

Do

:

96

17.45

$37

Providente (old)

Do.

Do. (new)

Bhangasi Docks 8.

$4.05 New Engineering H.

Lands, Hotsis, and

Bulidings

HK Lands.......8. $371

BINO

$3,80

(new) $3,70

H.F. & W. Docks ..

#211

(rta)

$100

14

$0.20

$0.15

1100

x.div. $19.80

874

$45

$17.15 $17.40 17.209 6

37

Metropolitan Landı..

H.K. Healties......

Humphrey *******9.10

Chinese Estates..............

Cotton All

Ewas

S'ha Cotton...................

Zoong Singe...S.

Wing On Textiles(S) $10 Ewo Cotton its. S

Public Utilition

Tramways. T

H.K. Hotels w

Do. 4% Debentures! $102

Shanghai lands...8,

$7.85

:::::

XD

$12.35

170

24

331.99 Yaumati Ferries

China Lights (old..

፣፣

84.70

815

[50]%.

8%.p 12%.pm

S'ani

11.

3/10

$1.20 $6.60

Canton Icas

Ceruente

Rupes

*****

Miscellaneous

Dairy Farms.

Ch. E'tainments....

Constructions, (olu)] +1}

Do

Lane Crawfords... Nanyang Tobacco...

Sinceres

Watsons. S. OT

C.G&terp

IL.E

Do.

Wallace Harper

ELK Widg Oa

"Vibro Piling

Maramant In v. (Lon.) (EK) 70 stall Wm. Paralle

*Sales to Shanghai'

LONDON EXCHANGE

#17,20

133

Peak Trams (old)....

Do.

(new)... 13

Star Ferries............

$80)

$19.99

$17,30

$12.35

$8,10

Do (pow)...

Atoks, .25

$91

Do.

Rts.

Baguio Gold, 22

414

3811

HK. Electrics

831

Benguet Consol., 9.40

$17,00

Macao do

Coco Grove, .58

"3241

Sandakan Lights...

IX.L, 70

$27.70

Telophones (ald) ... 397.70

San Mauricio. 43

$10.90

Do.

(new)... $10.00)

23/0

Tractivas an

22 8.

23/0

Do. (prof.)--

industriala

$142

Cald, Macg. (Ord)3].

$122

Do.

(Profj8]

$1,70

$160

$181

Telephones (Old), $273.

Telephones (New).-$10.90.

H.K. Ropes. $4.70.

Dairy Farms, $25.

Wing On (EK), $50.

Wing on Textiles. $45. Entertainments, $6. Constructions. $it. Marsmans (H.K.), 47-

SELLERS

H. & S. Hotels. $7.45. HK. Realties, $6.20

HK. Tramways, $17.40. Ch. Govt. 5 per cent. 801%

SALES

HK. Bank, $1586.

Union Insurance, $527. HK & K. Wharves. $138. Providents (Old), $3.95. Providents (New), $3.774. HK. Tramways, $17.20/25. China Lights (Old), $12.30." H.K. Electrics $811. Telephones (Old), $27.80. Ewe Cottons ex. div.. $12.60. Prices below in Phil. Corrency) Antamoks, .49

Briggs Mfacturing Brocklyn-Manhattan

Amer. Locomotive... 10.

Amer. Metals ......... 294 Amer. Radiator ...... 11 Amer: Rolling Mil... 161 Amer. Smelting 361

301

13

16

Amer. Sugar Ring... 26 Amer. Tel. & Tal 1291 Amer. Tobacco "B" 891 71

1281

Amer. Waterworks .... 71 Anaconda Copper ... Atchison. T. & 8. Fe, Atlas Corpn. „......... Auburn Motors ...... Baltimore & Ohio ... Bmore & Ohio Pid. Harber & Co....... Barnsdall Ou Bethlehem Steel

271 27

..

23+

61

31*

51

161

16

134

47

Boelig Airplane Co. 264. 261 Borden Co... Borg-Warner

161

164

201

201

172

18

ནཱཀྐནྷིཧྲྰིནྣཏྠིཊྛིཀྑཚཔྤཊྛཙམནཚནཱཡུཙྩབྷུབྷབྷོཏྟཱ

Libbey-Owens- Ford

Glass

271

237

Branches:

Lockheed Aircraft

81

82

Amoy

..I pob

Penang

Loew's Inc.

404

401

Bangkok

Johore

Rangoon

Lorillard....

··154*

152

Batavia

Kobe

Saigon

McKesson & Robbins

Bombay

Kowloon

8கப

Calcutta

Kuala

$3 pl......

31

30 *

Canton

Lumpur

Martin, Glen L

221

231

Chefoo

London

Monsanto Chemical 70

TO

Colombo

Lyons

Montgomery Ward... 31

311

Dairen

Malacca

Shanghai Singapore Sourabaya Sungei

Nat. Band Invest-

Foochow

Manila

Patani

ment

124*

121*

Haiphong

Munr

Swatow

Nat. Cash Register 164

187

Hankow

31

Nat., Dairy Products 121

127

Nat. Distillers'

191

191

Harbin Hongke

Nat. Power & Light 61

B

Iloilo

Nat Supply Corpo. 171

171

131.

"New York Central...

121

124

Current

Niagara Hudson P

Corpn.

Francisco

Hamburg (Johore) Tientsin

Makder Tokyo

New York Tsingtao Peiping Yokohama

Accounts

opened in Local Currency and Fixed Deposits.

YOKOHAMA

(Peking) TaxŐANGA

PENANO

RONG KUNG KANGOON

FOBRION EXORANGE and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSIT received for Que Year or shorter periods at ratën which will be quoted on applica tion.

The Bank's Head Office: in London undertakes Executor and Trustee business, and claims _re- Covary of British Income Tax overpaid, on terms which may be Ascertained at any of the Agencies and Branches.

H. W. ROBERTS,

Manager.

NEW YORK PRIPING

USINGTAO

FAKKOW

HARBIN

7 %

74

received for one year or shorter

N. America Aviation

83

9.

North America Co. 1743

178

Northern Pacific

PPC

71

71

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

Paclie Gas & Elec. 251

251

Trans.

€1

Brooklyn-Manhattan

$8 eum. pt............

19

Case, J.I.

::

$181

343

Suyor Consol., .17

HK. SHAREBROKERS'

ASSOCIATION

BUYERS

Canadian Paciic ...." 6 Celanese Corpn.

Cerro de Pasco .......

Chesapeake Corp.29** Chesapeake & Ohio 271 Chrysler Corpn....... 41 Columbla Gas & El. 53.. Columbia 8% "A" pl. 97 Commercial Credit. 30.

7 Commercial Solvents

133

341

commonwealth & 8. Commonwealth & 8.

11

Humphreys, $9.10.

Consolidated O

6% cum. pf. ..... Consolidated Edison 22 B

348

SELLERS

#243

Realties, $64.

SALES

Continental Can Continental OB ...... Corn. Products

371

263

62

„ĮBOW

$91

Providents (New), $3.80. Hotels, $7.40.

$5

Trams. $17.20/1/15.

$61

Curtiss Wright - (C.) Carties Wright "A" Delaware & Hudson Del. Lackawarina &.

Western

*

181

94

51

Bort.

XLos

8012. 1106

CHINA'S

TEA

Deere Co.

19

Distillers Corpn. Ber-

$108

grams

131

Douglas "Aircraft Du Pont

$80

2

Eagle Picher Lead Electric Boat

70 ora

Elec. Bond & Share 6 Eleo, Hond & Share

35 på...........te

Paris

Geneva Berlin

Montreal

Brussels

Yokohama

RATES

(British Wireless Service)

May 3

1641

May 4 1891

21.701

21.751

12.401

12.41

Athena

Milan

94 13/16

94-15/16

Copenhagen

Stockholm

191

19.031

Shanghai

1/12

1/01

New York

4.982

4997

Amsterdam

8.961

.8.161

Vienna..

Prague Helsingfors

143 3/16

143+

Lisbon ....

Hong Kong

Bombay

1/2-15/15 1/5-15/16

5.013

29.611

1/5-15/18 5.021 29.645

Belgrade

*ON. LONDON:-

FOR SHANGHAI —

On demand

OM BIROR:

Da demand

On demand

Telegraphie Transter... Bank, oo demand

Monte Video

Bucharest

Rio.

Saver (Forward) .....

Silver (Spot)

War Loan

18-7/16

18,77/18 181 37% 101

18

34%

Closing Quotations

May 8, 1933.

Telegraphic Transfor... 11/2 Bank Bills, on demand Credits, 4 months' sight - 1/2-3/33

On New Yoxx:—

Bank Bill, on demand 201 Credita, 60 days' sight 314

ON BATAVIA: —

55-5/16

27/34

On demand Sa

ON PARIS:

109

Bank Bills, on demand 1,030 Credits, 4 months' sight 1,125

ON BAIGON:-

A

Da dëmend

ON MANILA:—

On demand

106

ON BANGKOK1

EX

3. On demand)).

BOVERGISH NOTES"

1491

Bank Buying Rate.... 1/3-1/23

BAL 81.VER. DEF 184

INDUSTRY

Effort To Keep

It Going

Tea is one of China's principal Some sixty national Industries.

Elec. Bond & Share

$0 pf......... years ago China was the import-Elec. Power & Light 81

Elec.. Power & Light ant supplier of tea to the rest of

$7 pt. the world, but with the growth of

Filntkote modern developments of teá planting in India, Ceylon and Freeport Sulphur

Gen. America "Trans. 241- Java, China has slipped more and

23 Gen. Cigar more into the background.

Gen. Electric Gen. Foods

Tu 1890 China's tea exports were nearly 240,000,000 lb. In 1937, the figure had dropped to 82,000,000 I whilst India alone exported approximately 400,000,000 lb.

to

were

Of recent years Japan and For- mosa have been China's' serious rivals both in black and green tex exports. In 1937 Japan's exports

the United Kingdom 9,152,050 lb. as against 3.177.350 lb. In 1936. It will be seen that in one year alone Japan increased her exports by nearly 6,000,000 15 The Chinese Government, prior to the present Sino-Japanese hos- tilities, had been fully alive to the need of improving the tea trade, and furthermore the provincial governments within whose borders the tea industry," was carried on. were also prepared to assist in a revival.

With this object in view, in May 1997, the China National Tea Cor poration, was founded under the auspices of the Central Govern- ment and of the alx provincial governments of Hupeh, Hunan, Anhwei. Kiangal, Cheklang and Puklen

Gen. Motors... Gen. Rafiway Bignal 18. Glidden Co... Godchaux Bugar

Class "A" Goodrich (BF)...... 134 Goodrich 85 pf Goodyear Tire & Co. 181 Great Northern Rly 15 Great Western Bugar 271

Corpín. 9 Hecker Products

Greyhound

JAPAN OUSTING BRITISH FROM

CHINA TRADE FIELD

London, May 4

trade of equal opportunity to an While the agreement with Japan end, Mr. Burkill declared.

KAN TONG PO,

Chief Manager.

JAPAN EVADES QUOTAS

Bedspread Imports Into West Indies

London, May 4 The attention of Mr. W. Ormsby-

BUFFER STOCK

OF TIN

London, May 4 The Chairman be the interna- tional Tin Committee issue statement today pointing out that as the intention of the Committee was to accumulate the projected buffer stock in de months the quota would normally be 15 per cent, of standard tonnages. -

If the butter scheme is accepted. definite · decisions; regarding - the

respecting the Chinese Customs Hstening to the currency con- Gore, Colonial Secretary, WAS was certainly for the benent of fusion in Work China, the speaker directed today in the House ofmouit of the quota will be fixed" bondholders, judgment must be described the outlook for British Commons to the alleged practice of by the Committee in the light of suspended until they saw the trade as menacing, since non- Japanese firaid of importing into the position as it then appears...” signincance of the agreement, de- Japanese exporter to North Ching the British West Indies large

(Reuter). clared air. A. W. Burkill, prealding had no assurance that payment in quantities of four-yard lengths of at the annual meeting of the the currency now in use would be printed spun viscose rayon fabric

quote restrictions upon tas Im endi omes was formerly on thation

convertible into sterling, to be printed plus, dr

portation of Japanese cloth These lengths of material, it in much manner, it was alleged. was alleged, were not controlled the Japanese were competing in by the quota, limiting imports of the West Indies to the detriment Tryons and size. After their imot Lancashire, trade portation into the Britan Colony, Mr. Ormsby Core replied that the bedspreads were made up into he was enquiring into the position. drem goods, thereby evading the (Renter).

The head once located in Bhanghai, but owing to the war and to the centralisation of the tea industry in Hankow the corporation while retaining Its office.in Shanghai, has established head office in Hankow--and operates a branch office in Hong Kong

Mr. Burkin, added that 15 was

It was vital for the future of extremely difficult to reconcile the International trade in China that creation of this situation with the the Customs service should finit Japanese insurance that Japan tion as it cid betéte the outbreak had no intendon of damaging for. of war between China and Japanelen interests or excluding foreign The Japanese-controlled admin traders from the Chinese markets, istration had brought the pre-war (Reuter),

441

991

$

81

* 441

48

· 311

158

26

321 331

28

301

(17)

421

#p2¶⠀⠀c-957 ******-* -* **g*** * •* ***808*$*£ 1*965FSS

Pacific Lighting

Packard Motors..... Paramount Pictures

34 *

35

4

4

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

Hong Kong, 2nd May, 1938.

8

74

Paramount 1st. pf. 77

76 *

HONG KONG SAVINGS BANK

Pennsylvania R.R..... 157

151

Phillips Petroleum

331

341

Public Service of HJ.

27)

271

is conducted by the HONG KONG

Pure Oli

D

101

Radio Corpn. of Am

51

57

PORATION.

& SHANGHAI BANKING COR. Rules may be ob-

Republic Steel

137

134

Reynold Tobac. "B"

37

301

Schenley

161

16

Schenley 51% pf....

66.

*67

Sears Roebuck

554

501

Shell Union Oll

13

13

Hong Kong, 2nd May, 1938.

Socony-Vacuum

131

139

Southern Cal Edison

211

214

BANK OF EAST ASIA,

THE CHASE BANK.

15,. QUEEN'S ROAD CENTRAL

HEAD OFFICE: -

18, PINE STRESA,

NEW YORK.

The Business of the above Bank An American Bank offering com.

tained on application.

For the Hona Koxo & SHANGHAI BANKING CORPORATION.

D. C. Edmondston, Esq.,'.

Acting Chief Manager.

plete Foreign Banking Service

the principal Markets of the world.

Interest Rates on Application.

11

SAFE DEPOSIT BOXES.

This Bank is entirely owned by THE CHASE NATIONAL BANK, New York, with Besourodes' over U.8. $2,500,000,000.

D. M. BIGGAR.

Manager.

ID

Southern Pacific

111

Southern Rly (com)

7+

'71

Southern Rly "A"

107

10

Standard Brands ...

7+

73

LIMITED.

Authorised Capital.....$10,000,000.00

Stand Gas & Elec.

31

31

Paid-up Capital......

Reserve and Undivided

Stand Gas & Elec.

Profits

6,598,600,00

2,776,798.76

BANK OF CHINA

#pi.....

171.

187

Standard Ol of N.J.

481

487

Sterling Products ...

58 *

51.

Studebaker Corpfi.

59 41 41

Swift Internationa: 26

251

Technicolor 20

201

Texas Corpn.

361

371

Texas Gulf Sulphur 29

201

Tidewater Assoc. OU

134

131

Transamerica few)

91

સમ

20th Cent. Fox. Films

201

21

Unión

do. Films pl....

Carbide

291"

29 *

&

Carton..... Unión Pacie

United Aircraft

651

86

802 BI

Amoy

287 284

Batavia

United Airlines Trans

71

71

Bombay

Manda

Faktum bydary

Deloncia

Taihotu

United Corp. ..... 21

21

Centu..

ос

Kontefu

United

Corpn. $3

Haiphong

Sew Tork deacti Tokyo Clackm

cum, pf. PEMERI

254

231

Honolu

Bangal

Каба

United Gas Corpn. 3.

3+

www.

Un Gas Iprovem't: 02

· 10

Un. Light & power: 24

21*

US. Intrial Alcohol 183

U.S. Rubber) 254

167 27

"

UB. Rubber pf. 681

UB. Emelting 34.

697 541

171

Vanadium

US. Steel 44 441

15

ilmaine

151

Warner Bros. Pict....

4

47

rencies on terms which will be quoted on application.

Westinghouse Elec, 724

731

Safe Deposit Boxes To Let

Woodward Iron Cor. 128

13

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

Board of Directors:-

Bir Shouson Chow, Chairman Li Ko Chun, Esq. Li Lan Sang, E P. K. Kwok, Esq. WongChuson, Esq. Wong Yun Tong, Esq. Kan Ying Fu, Esq Chan Ching Shel, Fung Ping Wab,

Ева

Kau Tong Po, Esq., Chief Manager. Li The Fong, Esa., Manager.

Branches and Agestoiss’;---

Kontoon Penang Pombay

Londer

Bangoca Baljon Maľbotine Bas Pran-

Parla

Bataryag ·Vandotter

Peipsing укоророте

Tokohama

Every description of Banking

Loans

Specially 'Chartered by THE NATIONAL GOVERNMENT

OF CHINA AS AN İNTERNATIONAL EXCHANGE

BANK

PAID-UP CAPITAL.. $40,000,000.00 (BRANCHES ALL OVER OHINA)

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.

Head Office: SHANGHAI

Hongkong Branch:

4. QUEEN'S ROAD, O.

South China Offices:

KONGMOON. TOISHAN

BHIUCHOW KINGCHOW

We also handle the issue of Bonds

und Exchange business transacted CANTON granted on approved SWATOW securities.

Current Accounts opened in Local Currency and Fixed Deposits re

shorter and other Public Funds of the ceived for one year or periode in Local and Foreign Cur- Chinese Government both at Home

SHOU J. CHEN'

Manager.

and Abroad.

Youngstown Sheet T

& Tube

301

301

Chase National BL 307"

303

National City Bank 24*

•241*

Call Money

·1%

* ex. div.

1%

bid.

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