New York: May 18.
#1,440)
£914
Now York Cotton-July. New York Rubber-July, Chicago Wheat --Joly. Chicago Corn
July Winnipeg "Wheat--July.
£28
1933
$14
190
insuranoog
1287
Canton Invara-rome
*$50
H.K. (Lon. Reg.). $91).
1120 16.14 90 Utilistes
$315
JA20
Union InsurancOS.........
$620
99.70 83.39 4 Bonds
521
Underwriters
Venz. Goldfeld, $2.68.
1239
.. Fires.....
1933
PAGE 12-HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock Exchange
raynı
:
Sharebrokers'
Salo Sorui THURSDAY,
'MAY 19.
Banks
H.K. Bak****** Do. (London)... Chartered Banks Mercantile Bks. "A"
Do.
Association
Bank of East Asia....
N. O. & S. Backs ...
*:*:*
**
LLE
$1,485
£91 £121 Ben 214 $90
H. K. STOCK EXCHANGE
YESTERDAY'S
OFFICIAL QUOTATIONS
During the day a few stocks gave way on their opening quota- tions. This Induced Buyers to be- come rather cautious and in con- sequence they revised their ideas of prices on a somewhat lower scale. BUYERS
Union Insurance, $315.
FINANCE
NEW YORK STOCK EXCHANGE
(Through Reuter's Service)
FRIDAY, MAY 20, 1938.
BANKS
HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION..
Issued & Fully Paid Up #20,000,000
£6,500,000.
AUSTRALIA AND CHINA Incorporated by Royal Charted, 1053-
HEAD OFFICE: LONDON:
38, Bishopagate EC.2.
£3.000.000 ....... 21.000.000
£3.000.000
H.K. Currency Beestvs $10,000,000 Paid-up Capital..
Reserve Fund.... Reserve Liability of Pro-
prietors.
MANCHESTER BRANCH: 71. Mosley Street, Manchester.
AGENCIES AND BRANCHES: ALOR STAR ILOILO
Head Office:-HONG KONG
-- Board of Directora. T. E. Pearce, Esq.,
QUOTATIONS
',
103
Last Today'ı High Low Close Close 8.70 3.64 8.03 8.65 11,90 11.08 11.83B 11.54b
761 75 751 581 101 102
Authorised Capital
350,000,000
Changt
.02 up
Reserve Funds: ---
OY UP
Sterling
761
1/3 up
68)
3,8 up
101
1/5 of
Reserve Liability of Proprietors An
.....$20,000,000
FI
High
Low Dow Jones Averagès 13480 68.80 so Industrials
39.77" 19.00 90 Baile
May 15. High Low Close
Chang
+9,00
116.38 117.48 118.31 117.02 *22.04 22,64" 22.00 $2.54
19.6 19.30 19.45"
.tis up
unch
.05 of
67.55
64.92 47.84 II Commodity Index 47,84
87.68 47,81
.03 up .03 off
Hon. Mr. J. J. Pateraci,"
H. & 8. Hotels, $4.80
Business Done:~103,900 shares.
Chairman.
Deputy Chairman. | AMRITUAR
Shipping
185
*80
HK. Lands 4% debentures, $101.
J. K. Bousßeld, Esq.,
Douglases mancice,
A. E. Compton, Esq.,
EK. Realties, $5.60.
STOCKS
Last Sale
STOCKS
Last Sale
$221
Steam brits
Hon. Mr. S. H. Dodwell,
BANGKOK
BATAVLA BOMBAY
JPON KARACHI
SAIGON BELARANO
SEREMBANG
KLANO KOBE
MAHAL
INGAPOME
Ph
Indo-Chinas (pref)
841
H.K. Tramways, $18.80
May 17 18
May 17
13
M. T. Johnson, Esq..
121
Do (def.)
034
$85/-
1.90
Shell...........
Waterboat
| BM-
Mining
Kailans
13.60
"
Venezuela Gold Fli
Rongkong Mine.
Godown, pts.
$15/-
$9.70
#31
Peak Trams (Old), $7. Macão Electrics, $173. Constructions, $11. Marsmans (HK.), 3/10
SELLERS
H.K. Bank, $1540.
Adams Express ...... Alleghany Steel Co.
82
83
Humble Oil
86
651
CALCUTTA CASTON
J. R Masson, Esq.,
KUALA
LUMPUR
SITIAWAN
SOURADAYA
Allis Chalmers
Amer. Can...
Amer. Cynamid “9” «18
Amer. & For. Power,
Amer. & For. $7 pt. 19
Lugha, WhaİTES,
Union Insurance, $520.
SALES
"Amer, Locomotive ... 16$
niner. Metal
$137
$3,70
fux.rts.
R.K. & K. Wharvey. Providents (old;
137
$3.0
$37
+
3.5780
Do.
(new) 17.56
$3.00
1.E. & W. Docka :..
+2
Do
(new)
3212
$21
11
Do.
((54)
$108
Shangnai Dock
#104 #100:
H.K. Bank, $1510. Union Insurance. į $515. Providents (Old), $3,70
H. & S. Hotels. $8:80/75.
H.K. Realtles. $53.
Amer. Radiator
Amer. Rolling Mill
Amer. Smelting ....
Providents (New), $3.57;/6Q.
14 05
New Engineerings d.
H.K. Electrics. $801.
Lands, Hotels, and
Star Ferries, $284.
$6,00
3101
35.50
$6.8%
*
$37
Building
HK Lands
H.. Howls......
#7
Prices below in Phil. Currency)
$37
Atoks, .25)
Do. 4% Debela Pes
BA
Shanghai Land......0.
Bugulc Gold, 21
Metropolitan Laode..
Benguet Consol., 9.30
H.K. Reales....................... $5 BO
Coco Grove, .50
**
$8.15
Humphreys
19
Paracale Gumaus, 16
3100
Chinese Estates................
San Mauricio. .47
Cofion Mul
Suyoc Consol.. .16
$13.10 Ewo
870; Shu CAktasta --
Zoong Sings ------ Wing On Textiles. Ewo Cotton Hts: S.
$12.35
Amer. Sugur R'ng .....
1201 Ainer. Tel. & Tel. Amer. Tobacco "B" 70% Amer. Waterworks ...
05 Anaconda Copper... Atchison, T. & S. Fe. Atlas Corpn. ********* Auburn Motors ...... Baltimore & Ohio... B'more & Ohio Prd. Barber & Co. Juinsdall Of ...................... Bethlehem Steel Boeing Airplane Co.
.70
Borden Co.
#24
Borg-Warner
$16
H.K. SHAREBROKERS
Briggs M'facturing..
Brooklyn-Manhattan
Pabita Utilis
$18.20
Tramwayar
$17
Peak Trama (old) ..
[3]
Da. (now)
Star Ferrios
Y'mati
Ferries CR.3
83
Do
rta. 3
31
15
China Lights (old)
$11,851
ASSOCIATION
BUYERS
Waterboats. $81.
Lands, $36.
Humphreys, $8.30.
SALES
Trans. ....
Brooklyn Manhattan
Sé cum. pl. ...... Case. J.I.
Canadian Pacifc
$8.20
8601
#144 **k $10.90
Do.
(now)...
Do. Ri
H.K. Electrics
Macso do.
Sandakan Light
Telephones (old)
Providents (Old), $3.50.
S00
Hotels, $6.75/80.
Realties, $53.
Trams, $18.70.
Do
(new)...
3271
10,90 23.0
138
Tractions
China Lights (Old), $11. Electrics, S60/601.
23/0
Du. (prof.)....
$14) | Cald., Marg. (Ord.)))
Industrial
24.70❘ Hopes
Miscellaneous
3243
Dairy Faero
891
S.
Dort.
9pm
Do.
350
EK Wing Oo
S'ha
#5)
Vibro Piling
70 cts! Wm. Porella
(EK)
30 to Ch. Euxinmonta..............
Constructions, (old)) zij
Do.
*Lane Crawfords...
Nanyang Tobaccu..
$2,20 Sinceres mesur
Warsou...
0. Enterprise 75, CL.G.8219460_3Bda. 6.p. H.K.
Wallace Harper....
[new]
$19 $1.70
Do.
(Prolj9
Canton Ices
$170
$17,60 Cementa
#171
34.39
$25
J8
CD
39.10
35
*2.60
1
75% ALUB $102
*52
201
$5
170 CLA
2
Celanese Corpn. Cerro de Pasco ....... Chesapeake Corpn..... Chesapeake & Ohio Chrysler Corpn. ...... Columbia Gas & El Columblá 8% “A” pl Commercial Crédit... Commercial Solvents " Commonwealth & Commonwealth & 8. 6% cum. pf. ......... Consolidated Edison Consolidated Of Continental Can Continental Oil Corn. Products Curtiss Wright (C))
201 Curtiss Wright "A"
Delaware & Hudson Del. Lackawanna &
Eagle Picher Lend
Parts
Geneva
Berita
Athens
Mlinn
Copenhagen
Stockholm
(British Wireless Service)
May IT 177-21/32
21,781
12.301
941
Electric Bost Elec. Bond & Share Elec. Bond & Share
35 pt. Elec. Band & Share
$0 pi........ Elec. Power & Light Elec. Power & Light
$7 pl Flintkote
1.
„Prague
Shanghai
11
New York
4.961
Amsterdam
8.98
Vienna
1424
Helsingfors
2264
Lisbon
Hong Kong
1/2.15/16
Bombay
1/5 69/64
Montreal
6.000 29.52
is 2jd. 5-15/18d .5.011
29.541
10.011 204
18. 7/16 181
Godchaux
Class" "A"
Goodrich (BF.) ...... 134
Goodrich -35 pt.
Nominal,
Goodyear Tire & Co. 18)
3/10
116 Maramans Ir v. (Log.)
*Sales to Shanghai
LONDON EXCHANGE RATES
Brussels
Yokohama Sellers
Buenosaires
Monte Video
Rio
Silver (Forward) d
Silver (Spot)
War Loan
May 18 177+ 21.754 12.371
94-7/18
103d 4.96-15/18 8.967
142-13/16
18-7/16 18-11/18 34% 101 1/16. 34% 101.
Closing Quotations
May 19, 1935.
13/16
ON LONDON:-
Telegraphic, Transfer... 11/2
Bank Bills, on demand Credits, 4 months' night 1/3-1/
OR SHANGAL
On demand.
OM SINGAPORE;→ ̈
On demand
ON JAPAN:-
On demand
Talegraphic Tranz Baak, ou detroð.
196
ON. NEW YORK!-
Bank Bills, on demand 80% Credits, 80 days' night 55-5/16 " ON BATAVIA:---
ON PARIB:-
ON SAIGON-
55-5/10
On demand
Bank Bills, on demand 1,055 Credits, 4 months' sight 1,170'
On demand
1071
ON MANILA-
Ox demand
Gri
-ON "BANGKOK →→→
1051
On demand
1501
Sovereign Notes N
Bank Buting Eate.
1/3
Bas Artes ner 06
18 11/16
THE EXCHANGE MARKET
MESSRS. ROZA BROS.
The price for Ready Silver dropped 1/16 to 18 11/16. Forward' rate was unchanged, the quotation re- maining at 18 7/16, Silver advices reported the market 14 being steady with some general selling. American Sul- Support was poor. ver was quoted at 42 3/4 for Spot. The London-New York CROSS- rate was quoted at 496.87. New York-Londo. was quoted at 498. 7/8.
Steady.
MARKET
STERLING
Bome business was reported at 1/2 29/32 for near delivery. The market closed at p.m. with sel- lers at 1/2 7/8 May-June, possibly July, and 1/2 27/32 August-Sep- tember, buyers at 1/2 15/16 Cash- May and 1/2 29/32 June-July.
U.S. DOLLAR'S
Sellers at 30 13/16 May-June, possibly first half July, and 30 3/4 July-August buyers at 30 -15/18 Cash-May and 30.7/8 June-July, SILANGHAI DOLLARS
Nominal.
SHANGHAI 'MARKET
IN THE AFTERNOON The market was quiet in the afternoon.
STERLING
The market finished with sellers at 1/2 7/8 May-July and 1/2 27/32 August-September, buyers at 1/2 15/18 Cash-May and 1/2 29/32 June-July.
1.S. DOLLARS
The market closed with sellers at 30 13/18 May-June, possibly first half July and 30.3/4 Jüly-August, buyers at 30 15/10 Cash-May. and 30 7/8 June-July.
REICHSMARK QUOTATIONS
Berlin, May 19. The Reichsmark' was quoted, without guarantee, at New York, 40.19.
Paris, '1437.5.
Amsterdam, 72.57 to 72.625.
London; 12.375,
Paris Pound Sterling, 177.85 to 177.88.
Western Deere Co. Distillers Corpo: Sea-
gramg Douglas Aircraft Du Pont
Freeport Sulphur Gen. America Trans 361 Gen. Cigar .... Gen. Electric Gen. Foods Gen. Motors Gen. Railway Signal 17 Glidden Co.
Great Northern Rty. 101 Great Western Sugar 27 Greyhound
91 Corp. Hecker Products...
SWEDISH, FINNISH
MINISTERS
IN ROME
Mexican Legation Closes In London
London, May 19.
Rome, May 10. The new Swedish Minister, Carl. Einar Thure, and the new Finnish Minister, Rafaal Waldemar ́Erick, In consequence of breaking off were received in audience by King of diplomatic relations between Victory Emanuel yesterday, when Mexico and Great Britain, the they presented their crdentials to Mexican Legation here closed yes- the "King of Italy and Emperor of terday. Ethiopia."-(Transocean).
DR. SUN FO RECEIVED BY KALININ
... MOSCOW, May 19. The President of the Legislative
Francisco
Patani SWALOW.
Hamburg (Johore) Tientsin Hankow Mukden Tokyo
New York Tsingtao
Yokohama
Current Accounts opened in Local Currency and Fixed Deposits received for one year or shorter
HONG KONG
PRIPING
TAIPING
TIRKTPIN
JONGKAH "
(Bhuket)
TSINGTAO
YOKOHAMA
(Peking) zaMBOANGA. PENANG
RANODOK
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITs received for Que' Year or shorter periods at rator which will be quoted on applica- tion.
The Bank's Head Office jo 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 Branchas.
R. W. ROBERTS,..
Manager:
THE "CHASE BANK
Also up to date Safe Deposit 15, QUEEN'S ROAD CENTRAL
HONG KONG SAVINGS BANK
The Business of the above Bank
is conducted by the HONG KONG & BHANGHAI BANKING COR- PORATION, Rules may be obj
tained on application.
For the HONG KONG & SHANGHAI BANKING CORPORATION.
D. C. Edmondston, Esq.,
Acting Chief Manager.
BANK OF EAST ASIA, LIMITED.
Authorised Capital $10,000,000.00 Paid-up Capital 5,598,600.00 Reserve and Undivided
Head Office:-HONG KONG
No. 10, Des Voeux Road, Central.
Board of Directors:—
Sir Bhouson Chow, Chairman
HEAD OFFICE:
16, PINE STREET,
NEW YORK.
An American Bank offering com. plete Foreign Banking Service in the principal Markets of the waridi.
Interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by
CHASE THE
NATIONAL BANK, NEW YORK, with Resources Over U.S. $2,300,000,000.
D. M. BIGGAB,
Manager.
BANK OF CHINA
Specially Chartered by
THE NATIONAL GOVERNMENT
OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
Lá Koon Chun, Esq. Li Lan Fang, EsPAID-UP CAPITAL...840,000,000.00
P. K. Kwok, Esq. Wong Chubon, Esq (BRANCHES ALL OVER CHINA) Wong Yun Tong, Eaq. Kan Ying Pro. Eag
Chan Ching Shek. Fung Ping Wah, Owing to our numerous Branches
Esq.
Esqin China and connections in the
Kan Tong Po, Esq., Chief Manager.
principal Commercial Cer tres 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:
. Every description of Banking CANTON
and Exchange business transacted.
granted
approved SWATOW
SEIUCHOW Current Accounts opened in Local; Currency and Fixed Deposits re
year or one
KONGMOON
TOISHAN KINGCHOW
We also handle the issue of Bonds
shorter) and other Public Funds of the periods in Local and Foreign Cur- Chinese Government both at Home
J
SHOU J. CHEN
Manager.
SINGAPORE STOCKS Quotations of 12 leading Binga- stocks received by Messrs.
Bassoon & Co., Bingapore.
pore
MINING NEWS E and Edgar from Messrs. J. M.
LALLO IRON and Manganese
Singapore, May 9. Mines, a new mining concern will
KIIDDLE PRICE develop and prospect 50 iron and
Rubber Shares · 29 manganese claims in Cagayan. Amalgamated Malay Estates The property is located near the Limited. $1.241; Kempas Limited. provincial government reserve for- $1.65; Kuala Sidim Rubber Co., est at Magapit Lover's Lane Park Ltd., $230; Pajam Limited, $1.70; Sungei Bagan Rubber Co., Ltd. The company is now in the pro-$1.371 Tapah Rubber Estates cess of organization, beaded by Limited, $1.60. Hiram T. Kalata, former treasurer
Tin Shares and secretary of Abra Exploration. Petaling Tin Limited, $7 60; The proposed capital is P1,000,000 angel Luas Tin Dredging Limited, The Mexican Minister lett Lon don on Tuesday. The Legation's Preliminary report on the pro-$1.523. archives have been entrusted for perty showed that it has minera- safekeeping to the Mexican Con- lized deposits of iron and mangen- Straits Trading Co. Ltd., $27.25; -General In London (Trans- ese. It is further reported that the United Engineers: Limited (Ordin-
property contains highly slicified Bry). imestone and clay lenses. -An andesite intrusion of about
ceany..
Paris US Dollar. 35.375 to 35.. Yuan, Dr., Sun. Fo arrived here onder to resume the negotiations 3775.
Tuesday and was received in with the Soviet Government began -(Transocean); { special audience by Kalinin in or four months ago,-(Transocean).
Industrials
$7.80; Wearne BrotherE | Limited, $14.50.
Gold
Raub Australian Gold Mining
50 metres in diameter is reported Co, Ltd. $5.30 in claim B-20 on the trail to
The above Quotations, are in Capanawan
Straits Dollars
" 144*
Int. Nickel
461 451
G. Miskin, Esq.,
43
44
Int. Tel. & Tel......
.9
01
K. S. Morrison, Esq.,
CHIC
861
871
Int. Dept. Stores ....
81
$1
Hon. Mr. A. L. Shields,
18
Kennecott Copper...
COLOMBO DELHI
CAWNPORE KUCHING
MADRAS
MANILA
MEDAN
331
3-1
D. C. Edmondston, Esq.,
HAIPHONG
NEW YORK
31
31
Lambert Corpn. ......
11
11
Acting Chief Manager HAMBURU
191
Libbey-Owens- Ford
HANKOW
163
Glass
20
29
Branches:
HARBIN
30
304"
Löckheed Aircraft -
9
L
Amoy
.J
12
Loew's Inc.
12
421
Bangkok
Ipob Johore
Pepang Bangoon
201 181
Lorillard
164*
16
Batavia
37
37+
McKesson & Robbins
Bombay.
Kobe Kowinon
Saigon
Sab
26
43 p.
31
31
Calcutta
Kusla
1201
Martin. Glen L
234
231
Canton
Chefoo
Londoa
Lumpur Shanghai' Singapore
703
Monsanto Chemical 74
741
93
Jontgomery Ward... 32
32
Colombo Lyons
Dairen
Malacca
Sourabaya Sungei
37
64
4
ᏐᏣ
161 13
25A
164
201
18
10
JA "291
766
52
137
26* 30
207 43
61.
64*
32
71
12
42
243
S+
372
26.
84
5
103
54
173
14
451
1014
9
81
491
53
107
394
151
251
221" 221*
35)
251
30
172
Sugar vii....
"43
ཊྛཊྛཝེཏིཨཝཧཱཀྐཙྩཨུཏྟཎྞ ཙ igཝཧཱཀྐཙྩབྷཝནྲྀaདུབྷཱུ བྷུཚཨྰཿiགནྡྷནཱ ཚནྣཱ ནཱཙྪཱསྤྱོ=བྷཱཝ ཀླི ཙྪིནྣཾ ཙུཔྤཡྻུཊྛཱསློབྷ8ཛོ་E#ཎྜཧཱུྃ
Nat. Bond Invest-
Foochow
Manila
ment
13 *
13
Haiphong Muar
61*
Nat. Cash Register 17
171
31*
Na Dairy Products 13;
13
Na. Distillers.
201
20
Harbin
Nas Power & Light
72
71
Hoogkow Peiping
Nat. Supply Corpn. 17 New York Central
171*
Iloilo
13
121
Niagara Hudson P.
Corpn.
7
N: America Aviation North America Co. Northern Pacinc Paciac Gas & Elec Pactic Lighting
81
9
periods in Local and other Cur-
202
201
rencies on terms which will be
·8)
81
quoted on application.
27
274
375
38*
Boxes in various ales To. Let.
Packard Motors '..
31
34
Hong Kong, 2nd May, 1938.
Paramount Pictures
8
TE
Paramount ist. pt. 784* Pennsylvania R.R. Phillips Petroleum Puble Service of N.J. Pure Ol........ Radio Corpn. of Am.. Republic Steel
to
161 10)
323
32)
30%
30
91
51
51
13
14
Reynold Tobac. "B" Schenley Schenley's p
37
37
162
187
68 *
68
Sears Roebuck
571
561
Shell Union Oil
12#
13
131
13)
Socony-Vacuum
Hong Kong, 2nd May, 1938.
Southern Cal Edison 211
211
Southern Pacific...
121
121
Southern Rly (com)
13
71
Southern Rly "A"
123
13
Standard Brands ....
7
74
Stand Gas & Elec..
31
31
Stand Gas & Elec. 1
201
21
$7 pl. l.
Profits
2,770,728.70
Standard Ol of N.J. 477
471
Sterling Products
Studebaker Corpn.
604* 41
801*
44
Swift International
Technicolor ........
25+* 221
26
231
37
37
Texas Corpů. ..........
451
Texas Gulf Sulphur 31
31
Tidewater Assoc. On 12
121
Transamerica (new)
92
91
20th Cent. Fox, Fims 224
da.
22
30
Union
Fims pi.... Carbide
304
48**
664
671
Carton .......
Li Tae Fong, Esq., Manager.
521*
Union Pacific United "Aircraft:
65
041
.
27
271
Branches and Agenciar 20.
United Airlines Trans
81
87
Anny
21
21
Bhay
United Corpn..
DALTER
utapis
Kowloon Penzag
Londer
Manila
Bancoop
Balgon
Melbourne Bas Tree.
Berurabaya
Awstom
Bydney
Thoka
United Corpn. 33
disoo
Teatin
cum. pf.
301
301
Halph ing
Jew York Facile
Tokyo
Bartow
maka
Sonatinag
Vandozret
United Gas Corpn.
31
32
"Kelulu
Pari
Ko
Palping
Shangh Slepapers
Takahama
Un. Gas Iprovem't 108
102
Un, Light & power
21
21
US. In'trial Alcohol 17 *
U.S. Rubber
171 278 271
Loans
on
UB. Rubber pr.
68 6B2
securities.
17 *
UB. Smalting '..
55
56 *
U.S. Steel
441
451
Vanadium
15
18
ceived for
Warner Bros. Pict....
47
5
Westinghouse
Elec. 772
Tencies on terms which will be
791.
*41 *
Youngstown
& Tube
Woodward Iron Cor. 131.
308
131
quoted on application.
and Abroad.
Safe Deposit Boxes To Let
Sheet
KAN TONG PO,
311
Chief Manager.
261.* Chase National BL. 293*
30 *
9+
National City Bank 239*
61*
81
Call Money ...
1%
231* 1%
PHILIPPINE
tex. divy
• bid
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