PAGE 12-HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock
Exchange
FINANCE
Sharebrokers' Association
THE EXCHANGE MARKET
NEW
YORK STOCK EXCHANGE
(Through Renter's Sarvion)
AUTOR kellérn
M
MONDAY,
Mediers
MAY 9.
Banka
$1,485) H.K. Banks
Do (London) Chartered Banka ... Marcantile Bts "A"
Do.
-:
*
294
£122
£78
C14
180
Bank of East Asin........
100
N. 0. & S. Banke ...
Fosuraneos
$267
Catton Lavara con
XD
#147
*257
Union Insutsuche p
$630
1/8.
39
Underwriters
*18.15
1933
ELK. Fired... DENİ
#333
Shipping
$83
Donglais
180
$131
Steambte ........ 589
IRO
"Indo-Chinas (pref.)
#91
121
Lo (dot.)
83/1
Shells
15,90
Waterbosta
$24 B3/11 $4.90
13.80
22.90
2345
$138
10195
syt
Alining
16/3 Kailans
Raubs
Venezuela Gold Fid. Hongkong Ning".
Lucks, Wharvel
Gudowna, ate.
A.K & K. Whärtu......
$1,800 £83
£19
នង
-E14
MESSRS. ROZA BROS.
Monday, May 9.
The price for Ready Sver, rose 1/16 yesterday to 13 11/16 but the Forward rate was unchanged at 18 7/16. Silver advices report. ed some bear covering. India bought. The market was steady. American Sliver was quoted at 42 3/4 for Spot ..
The London-New York cross- rate was quoted at 498.12. New York-London was quoted at 498.
MARKET
Indications of Opened" with easiness but subsequently reacted slightly.
!
STERLING The market opened with sellers at 1/2 29/32 May and 1/2 7/8 June-July resulting in some bust- hess at 1/2 29/32 May and Cash 16/+ and 1/2,7/8 for forward delivery. The market closed at 1 pm, with sellers at 1/2 7/8 May-June and 1/2 27/32 July-August, buyers at 1/2 29/32 Cash-June and 1/2 7/8
+
August.
STOCKS
Adams Express Alleghany Steel Co. Allis Chalmers ........ Amer, Can
QUOTATIONS
New York: May 7.
Today'
High Low Close Close
Changc
Now York Cotton----July, Now York Hubber--Jaly. Chicago Wheat Uhicago Corn Winnipeg Whost-July.
8.70
8.43 ǎ.ru
11.99* 11.86*
July,
791
79 78
July
09
100%
108%
109t
100
.03 off .08 off 7/8 up 3/8 up 3/4 ap
1938
High
Low Dow Jones Average
May 6.
High Low Close, Chang
12486 95 30 Industria
117.18
11808 116.53-117.91
JAT 9. 30 Rail
19.00
24:8 32.00 22.84
22.20 16.14 20 Utilities 9270 89,39 40 Bonds
19.91
20.08. 19.73 14,25
87.49
34.99 48,33 11 Commodity Iilea 48,71
as up
.06 off 87.78 .3% up 48,72 1 up
Business Dones---560,0*** shareo,”
Last Sale
этоска
Last Sale
May 8 1
May
T
B
9
Humble Oll
TO
70
M. T. Johnson, Esq.,
A
15
15
Int. "Nickel
471
471
J. R. Masson, Esq.,
43
Int. Tal & Tel
81
G. Miskin, Esq.,
801
88
Int. Dept. Stores
81
.7**
K. S. Morrison, Esq.,
Amer. Cynamid “B” 171 Asner. & For. Power 31 Amer. For. $7 pf. 214 Amer. Locomotive ... 18
18.
Kennecott Copper
35+
351
Hon. Mr. A. L. Shields,
31
Lambert Corpn.
114
D. C. Edmondston, Esq.,
TUESDAY, MAY 10, 1938.
BANKS
HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION
Authorised Capital 950,000,000
Issued & Fully Paid-Up #90,000,000) Reserve" Funda:
Sterling
£6,500,000
AUSTRALIA AND CHINA Incorporated by Buyut Chářtec - 1933,
HEAD OFFICE: LONDON: 38. Bishopsgate EC.2
22.600.000
H.K. Currency Reserve $10,000,000 Paldive Capital.. Reserve Liability of
Proprietors
...$20,000,000
Read Offer:-HONG KONG
Chairman.
DAN
Board of Directors. T. E. Posive, Esqu.
Hon. Mr. J. J. Paterson,
Deputy ChairmaS, J.. E. Bousfeld, Esq., A. H. Compton, Esq.,
Hon. Mr. S. E. Dodwall,
Asserye Fund. Reserve, Liublilty of Pro prietors
£3.000.004
MANCHESTER BRANCH: 71. Mosley Street, Manchester.
AGENCIES AND BRANCHES: ALOK STAR 110110 AMRITÄÄN ` цод
BANGKOK WATAVIA
KARACHI KLANG
KOZM KVALA.
LUMPUR KUCHING
BALOOM,
SENA RANG SERAMBANG SHANGHAI
SINGAPORE
BITIAWAN. BOURĪBAYA TAIPING TIENTRIS
BOMBAY CALCUTTA CANTON CAWNPORE JESU COLOMBO
MAD BAS MANILA
TONGKAN
MEDAN
MAIPEONG
NEW YORK TSINGTAO
(Bhuket)
20
Libbey- Owens- Ford
177
Glass
291
291
Amer. Metals
314
32
Lockheed Aircraft....
Eranches:-
HANEOW
HARBI
91
94
*
$130
Amer. Radiator ......
121
121
Loew's Inc.
Providents (old)
$3.921
$3.96
3.824/85
Do.
(new)}
[Acts. }' #12}
H.K. & W. Locks
$3.824
382
21
Do
(new)
1
Do.
$7.35
7.35/45
$37
$101
15.90
39.15
**
$19.40 $12
39.90
$611
$17.80
er 9/28
EL.K. Electrica ...... 881) Macao do
--#14) - Sandakans Lighstu .......
l'olephones (ald)...327.
$0.90 Do (now).
19.
$187
874
S'hai Cotton19......
Wing On Textil (8)
Ewo Cotton Rts. S.
Pubile Utiles
$17.20!
$171
Tramways on| $11,15-
17
Ponk Teams (old)...
Do. (new)........ #3)
186
187
Star Forrige
3212
Ysumusti Ferries
$24
China Lights (old).
$12.35
$12.45
Do.
(new)...
39)
Do. Ris
€17/82
Shaagnal Dock 3.
1405 New Englaserians 5.
1100
Lands, Boleh, and,
Bui.dinas
H.K. Hotels.
H.K. Landa......9-| 837
4% Debentures $109
41ropolitan Land..
11.5. Beatles.......
ilmupbrays
Chinese EatOGLANLA
Colton Mille
Ewes
Zoong Sings.....5.
(rta) #11
3211
U.S. DOLLARS The market closed at 1 pm, with sellers at 30 7/8 'May-June and 30 13/18 July-August, buyers at 30 15/18 May-June and 30 7/8
..
411
421
Amoy
Ipoh
Amer. Rolling MUM... 18) Amer. Emelting
181
Lorillard
16
15
Bangkok
Johore
391
39
Batavia
Kobe
Penang Kangoon Saigon
McKesson & Rosoins
$100 14
$740 $37)
Nominal
10.
Shanghai
Land....
$8.10 30.80
*
334
315
-
August.
SHANGHAI DOLLARS
Nominal
SHANGHAI MARKET
IN THE AFTERNOON
The market" was quiet" in the afternoon.
STERLING
Some transactions were report ed at 1/2 7/8 for July and 1/2 $19.35 27/32 for far forward. The mar-
$70 ket closed with sellers at 1/2 7/8/
May-June and 1/2 27/32 July August. buyers at 1/2 29/32 Cash- June and 1/2 7/8 July-August,
US DOLLARŞ
The market closed with sellers at 30 7/8 May-June and 30 13/16 July-August, buyers at 30 15/16 Cash-June and 30 7/8 July- August.
Borden Co. Borg-Warner
Amer. Sugar R'ing -- Amer. Tel. & Tel. ... 130% Amer. Tobacco "B" 72 Amer. Waterworks.. Anaconda Copper ...
261
pt...
Bombay
Kowloon
San
31.*
314
Calcutta
Kuala
131
Martin. Glen
......
24
Canton Lumpur
Shanghai.
731
Monsanto Chemica) 72
72+
Chafoo
London
91
91
Montgomery Ward... 331
33
Colombo
Sourabaya
281
284
Nat. Bend Invest-
¿Daiten !!
Malacca
Sungei
Atchison, T. & §. 79.
201
287
ment
127
14
Atlas Corpn
7
71
Nat. Cash Register 17
172
Esipbong Muar
Foocbow Manila
Patani
Swatow,
Auburn Motors
33*
34
Nat, Dairy Products
Bamburg (Johore)
Tiralsia
13
13+
Hanko Mukde
Tukyo
Baltimore & Ohio...
$1
Nat. Distiller
20201
Harbi
New York
B'more & Ohlo Pid.
71
TI
Nat. Power & Light
71
Hongkow Peiping
Trigean Yokohama
Barber & Co: ".........
161
167
Nat. Supply Corpă.
19
· 181
floilo
"
Barnsdall 011
131
141
New York Central
13
131
Bethlehem Steel
40
48
Niagara Hudson P
</
Current
Boeing Airplane Co. 271
271
Corp.***
73.
71
161
·182
N, America, Aviation
9
В
214
218
North America Co."
201
20
Accounts opened Local Currency and Fixed Deposits received for one year or · shorter, periods in Local and other Cu- }
in
PRIPING 'Acting Chief Manager. KAMBURG
Francisco
УОКОНАМА
(Peking), ZAMBOANGA PESANO HỒNG TÙNG. BANGOON
FOREIGN EXchangs and General' (Banking Business transacted.
CURRENT ACCOvara opened and FIXED DEPOSITS received for One Singapore Year, or shorter periods at ratej which will be quoted on applica- tigu
The
Bank's Head Office in London undertakes Executor and
Trustee business' and claims _re- covery of British Income
Tax
overpaid, on terms which may be ascertained at any of the Agencies. and Branches.
2. W. ROBERTS,
Manager.
非
THE CHASE BANK
Briggs M'facturing 19 191 Brooklyn-Manhattan
Northern Pactic
81
81
Pacific Gas & Elec
281
272
rencfes on terms which will be quoted on application.
Trans..................
74
Pacifc Lighting......
$7
361*
Also up to date Safe Deposit 15, QUEEN'S ROAD CENTRAL
Brooklyn-Manhattan
Packard Motors ......
31
4.
Boxes in various sizes To Lét.
· sa cam: pf. in 198 Case. J.L*****
21
Paramount Pictures 8:
BL
"Hong Kong, 2nd May, 1938,
82
81
Paramount 180. pf.- 76
76
Canadian Pacific.....
61
độ
Pennsylvania R.R....
HONG KONG. SAVINGS BANK
17
164
HEAD OFFICE:
18, PINE STEET,
NEW YORK,
Celanese Corpo.
Cerro de Pasco v
Chesapeake Corp. 34
H. K. STOCK
Chesapeake & Ohio. 284 Chrysler Corpa. ...... 45}
EXCHANGE
310
+
$25
Cements
$1.70 Kopos
Miscellaneous
2278
Tractions
237.
Do. (pret.)..
Tudustriala
3140
„Cald," Macg, (Ord)$}
Do. Pref.
$1.70
Canton Icos
$18
$19
23/6
Columbia Gas & EL Columbia 6% "A" pf. 61" Commercial Credit. 31
YESTERDAY'S
OFFICIAL
QUOTATIONS
Commercial Solventa- 71
Commonwealth & 8.
Commonwealth & 8.
6% cum. pf........
342
The market remained quiet."
BUYERS
Consolidated Edison 251 Consolidated On
Continental Can.... 391
EK. Steamboats. 5221.
Continental
Dairy Farma
$25
$35
Providents (Old), $3.95.
$6.20
#1
Ch. 'bainmonta......
Corn. Products
201
Providents (New), $385.
***
Constructions, (old) cit
Curtiss Wright (C)
Venz. Goldfeld, $2.60.
Do.
Cartis Wright "A" 201
Lane Crawfordi...
€
$1
H. & S. Hotels, $7.35.
Delaware & Hudson 103
Nanyang Tobacco...
35
HK. Landa, - $37.
Del. Lackawanna &
Watsons
80/pm
360
851
Vibro Piling
***.
(HK)
12.20 Sinceres
$8.7.1
S.. Enterprises
91 Cu.G.5219260.3Bd.
8pm. 11.5. Gort 4% Loans
Do.
Wallace Harper
H.X Wing On ....
S'ha Do the
12. Maramans Ir v. (Lon.)
70 cte W. Powells
*Sales to Shanghai
LONDON EXCHANGE RATES
H.K. Lands, 4% Debentures, $101
Western
4.70
Humphreys, $9.15,
Deere Co.
HK. Realties, $5.90.
81%
Distillers Corpa. Sea-
$106
H.K. Tramways, $17.20.
grams .....
3103
Peak Trams (Old), $7.
Douglas. Alteraft
Star Ferries, $861.
Du Pont
'51
Yaumati, Ferries, $241.
Eagle Fieber Lexd
160
70 cu
Parts
(British Wireless Servios)
5 188-29/32
May
May 7. 177-29/32
China Lights (Old), $12.40. China Lights (New). $8.20. Macao Electrics, $177. Telephones (Old), $27.80. Wing On (H.K.), $50. Wing On Testlies, $45... Entertainments, $8.80. Constructions, $11. Marsmans (EK.),-4/3,
SELLERS
2
Electric Boat
Elec. Bond & Share
Elec. Bond & Shaft
$5 pl......
Elec. Bond & Share
$6 pi......
Elec Power & Light 101.
Elec. Power & Light
$t pt.......
Flintkote.
21.08
Geneva
21.762
Berlin
12.404
12.39
Raubs, $91 China Lights (Old). $12.45.
SALES
Freeport Sulphur ..
Gen, America Trans
Gen. Car........
Athens
Milan
94-13/10
941
Union Insurance, $527. HK. & K. Wharves, $138. Providents (Old), $4,
Gen. -Electric
Gen. Foods
$
Copenhagen
Gen. Motors.
Btockholm Shanghai
18.07
18 0-13/18
17-
Providents (New), $3.824/85, H. & S. Hotels, #7.35/45.
Gen. Railway Bignal
Glidden Co.
New York
4.99
4.91
HK. Realties, $51/6.
Godchaux
Amsterdam
Vienna Prague Helsingfors
8.961
8.91
HK. Tramways, $171, Star Ferries, $87.
Class "A"
bedrich (BF).
1431
143
Lisbon
Hong Kong
Bombay
1/2-18/16 1/5-15/16
China Lights (Old), $12).
Telephones (Old), $27.80/28.
Dairy Farms, $231. Watsons, $6)
Marsmans (HK.), 4/6
Montreal
Brussels
5.01
5.01
29.624
29.811
(Prices below in Phil. Currency)
Antamoks Pa., 49
Goodrich $5 pl....... Goodyear Tire & Co. 181 Great Northern R. "174 Great Western Sugar. 271 Greyhound Corpa. 94 Hecker Products
Coco Grove, 54
Yokohama
1.X.L.. .45
Belgrade ..
10.02
Ban Mauricio, 15
Buenosaires
Bucharest
Silver (Spot). War Loan
•Silver (Forward)
ON LONDON:
18-7/16
181
181
13-11/16
31% 101-11/16.
Closing Quotations
May 9, 1938 ON NEW YORK ; —~
Telegraphio Transfer. 11/1 Bank Billa, on demand 17/10 Credite, 4 months' sight 1-1/10
Os BHANGHAI:
On demand
ON SINGAPORE-
On demand
-On demand
ON ENDLE
Bank
115.
Bank Bills, on demand 20).
* Credits, 90 days' sight. 313 ON BATAVIA:-
On demand
ON PARIS
Bank Billa, on demand 1,045 Oredita, 4 months' sight #1,170,
ON SAIGON-
OS BANGKOx
B1)
Buyor Consol.. 17
A.K. SHAREBROKERS
ASSOCIATION
BUYERS?
Providents (Old), $3.95, Hotels, $7.36..
Realties, 55.05.
"Trams, $17.20.
Cements, $18. Ropes, $480, --
SELLERS Providents (Old), Realties, $810. Cementa, $16.15.
BALES
Providents (Old); $3.97).
FK Docks Hts.,, 8117-
Trams, $174.
On demand
ON MANILA:-
On demand
On demand
Cements, $18.15;
... Bank Baring Hai
lian Breves. DAN, CE
18.11/16.
Ropes, $4.70.
Sovereign Notes
Lands, $377
:
311 Chase National BL. 301 301′′ National City Batik 241* : 243* Call Money
1816
• bid.
PHILIPPINE MINING NEWS
BATONG BUHAY Gold Mines, MAME IGAO CENTRAL Mining Inc. reports that development Company, Inc. announces that de work on its property continues to velopment work on its property in be satisfactory. Composite - Itogon, Mountain Province, which ples of the entire underground has been in proRTERS TOE. BETERS) workings are about to be taken for months now has very encouraging -metallurgical test the United results and good showing, States and In Manila prepafkfoty to ordering a mill for the property,
Matting
The report sent to the stockhold
is conducted by the HONG KONG AD American Bank offering com-
SHANGHAI BANKING COR-
Eules may be ob
For the Hosa Koka & SHANGHAI BANNING COLPORATION.
D. C., Edmondston, Esq.,
Acting Chief Manager.
Hong Kong, 2nd May, 1938.
BANK OF EAST ASIA:
LIMITED.
Authorised Capitul....$10,000,000.00 Paid-up Capitai *... 5,698,500.00 Reserve and divided
9,770,798.70
Head Offer:-HONG KONG No. 10, Des Voeux Road Central.
Board of Directora ----
Sir Stouson Chow, Chairman
Li Kom Chan, Esq Li Lanang, Eng
Kwok, Esq. Wong ChuSon FAQ
plete Foreign Banking Service
in the principal Markets of the world..
Interest Rates on Application.
BAFE DEPOSIT BOXES
*
This Bank is entirely owned by THE CHASE NATIONAL BOL, New York, with Resources ovar U.S. $2,300,000,000,
D. M. BIGGAB
Manager,
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INFERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL... #40,000,000.00
Wong Yun Tong, Esq. Kan Ying Fu, qBRANCHES ALL OVER CHINA)
Chan Ching Shek Fung Ping
Owing to our pumerous Branches in China and connections in the Kan Tong Po, Kaq, Chief Manager,principal Commercial Centres of
Li Tas Fong, Eaq, Manager.
Calcutta Denton
Bankow
Branches and Agencies ;---
soron
Pomy * sólrabaya
Balgon Bydory
· Kalbourne Bain PAN-
New York
Peiping
fact.la Bemarang Yangonver
shanghai Tokohama Sibespare
Every description of Banking
the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking nad Exchange.
Hend Ogres SHANGHẠI
ding, Braniḥ,
4. QUEEN'S ROAD, C,
South China Offices:
and Exchange business transacted. CANTON Loans "granted on approved SWATOW
ascurities.
Burren Accunts opened in Local SHICHOW Currency and Fixed Deposits re- ceived-..far
one year or shorter
KONGMOON TOISHAN KINGCHOW
We also handle the issue of Bonds
periods in Local and Foreign Car and other Public Paints of the rencies on terms which will be Chiness Government both at Home quoted on application.
and Abroad
Snie Deposit Boxes To Let.
Chief Manager.
£3,000,000,000 A Year On
Armaments
Over £3,000,000,000 a year is be- le true that you have fighting Ing spent by the nations in pre- without much armaments, and I paration for war, said Lord Hugh do not know any particular reason Cecil, addressing, at University why armaments by themselves College, London, recently, an inter- should lead to war national conference of teachers ar- People were not spending vast ranged by the Education Commit- cums on armaments just to say tee of the League of Nations Union, that they had a gun, but because Anybody who looked at Europe they felt that they might have to and compared its condition with use the gun is spon what it was before 1914, said Lord "The amount, spent on arma- Cecil, must be struck by that menta," said Lord Cecil., “is an in-
a stated that the falas. Byto, and tremendous abdication or defeat of dication of the fear of war that Bara veins are definitely known to Christianity. As Christianity had the nilims or thelf Governments A tentative now sheet has been be of commercial value. As the lost its force as the governing ideal) possessig var made, subject to modification after work progresses, the report, con- of the different states, so the Len- receipt of the metallurgical re- tinued, the reins are getting wider | gue of Nations had also deteriorat- The Philippine Islands are today- ports. Actual qurvey of the Laloy and the ralues are consistent. J. ed.
Canada's main source of supply for
Creek, it was reported, shows an IV. Bagtas, president and general One bad nign was the gigantic coevrnut all Total Importa in elevation or "head" of 1500 feet manager, told the stockholders preparations for war, wa January amounted to - 211.739 with 88 gallons of water per sec- that to hasten the development of BARA CAUSED BY TRABZO gallons of which the Philippines and in the dry season this being, the property, more funds are need- :). “I am not one of those,” he said, suppiled 197,964 gallons and Ceylon ample for more than 6,000 home ed to bring the company, lato a "who would be prepared to say 35.960 gallons in addition, 36,811 power or 10 times more than in producing mine, and for the erec that armements in principle and igallons were imported through the nerded at present.
tion of a mini
theory necessarily lead to war; It United States.
137
137
Phillips Pétroleum...
354'
351
The Business of the above Bank
352
35%
Public Service of NJ.
301
31
344
Pure Öll
101
101
291
Radio Corpn. of am.
8
8
PORATION.
441
Republic Steel
143
14
7
81
Reynold Tobac. "B"
tained on "application.
343
364
B2
Schenley
162
181
32L
Schenley 5% på t..
361
601*
Sears Roebuck .....
592 60
14
11
Shell Union Oll
ן
13
131
Socony-Vacuum ...
141
141
41
421
Southern Cal Edison
221
22
251
Southern Pacifė..........
124
121
91
Southern Rly (com)
31
Tf
391
Southern Rly "A"
124
113
......
29
233
Standard Brands ...
74
·71
63
631
Stand Gas & Elec.
32
32
47
5
Stand Gas & Elec.
201
$7 pt.
21
201
Profits
101
Standard Oil of NJ:
491
491
Sterling Products
44.
59,
591
57
51
Studebaker Corpn.
41
44
181
19
Swift International. 251*
251*
Technicolor
201
201
131
131
Texas Corpn.`
394
394
451
471
Texas Gulf Sulphur 30
291
1042
1033
Tidewater Assoc. Oil 131
F.
131
91
97
Transamerica (new) 10
01
83
81
20th Cent. Fox. Films 214
217
Esq.
Wah.
Fay
8.
do,
Flims pt....
29 *
29"
Union Carbide &
481
511
Carboni.
Union Pacifc
601
664
52
"65
United Aircraft ...,
65+
65.
101
United Airlines Trans
271
271
Low?
Extarla
Elem.bey
Looden
Maria
United Corpn;
Tačkoka
395
371
United Corpn.
$3
31
31
Haiphong
16
151
25+
254
United Gas Corpn. 30
30
Honolain Parla
Lober
361
371
Un. Gas Tprovem't. 41
41
221* 221"
Un. Light & power 101
101
354. 354
U.B. In'trial Alcohol
24
24
261
261
US. Rubber...
174
324
32
UB. Rubber DI.
271
377
17
18
US. Smelting in
71
697
18
18+
US. Steel
56
55"*
Sugar
Vanadium
451
Warner Bros. Pict
158
151
141
Westinghouse mec. 51
421+
Woodward Tron Cor. 771
764
191
Youngstown.
Sheet 14
& Tabe
14 32
KAN TONG PO,
BHOU J. CH EX
Manager.
27
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