PAGE 12-HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock
Exchange
H. K. STOCK
Sharebrokers' Association
EXCHANGE
QUOTATIONS
Puysin
Balan
PRIDAY: JUNE 10.
Muyers
Haake
$1470 H.K. Bauks
$1,460
12
Do. (London) ... Chartered Banks ...
Marcantile Bks. "A"
#14
Do
811 #IN e14
*90
Bank of East Asia
N. U. & S. Banke
Insurances
3957
Canton InsuĽMI (106).
$950
$520
Salon Insura000 ........
$516
$8
Underwriters
;
939
H.K. Firestikuivvezan
#930
Shipping
175
A
Douglavos
842
מארת Beam
$211
60
Indo-Chinas (pref.)
361
-94 181/3
Lk.
(tiot.)
#24
Sholi
81/3
FE.OU
Waterhota
Mining
!4/8
Kailant ........
$148
19
# K
+9.00
Venezuela Gold Fida,
| Jobs
Hongkong Mines
Kakes Mambu- 1
YESTERDAY'S OFFICIAL QUOTATIONS
Last Saturday, 4th irst, the market closed dull. This week has been broken up by two holl- days, Whit-Monday. and the King's Birthday. In consequence enquiries have been few and far between and generally the market |has lacked interest.
Manila reports a somewhat bet ter tone at the close, with a slight appreciation in price levels.
· BUSINESS DONE DURING THE WEEK
H.K. Bank, $1470.
Wharves, $130.
Providents (Old), $3.45. $3.40.
Providents Consol. (Old),$8.80.
Lands, $38.
Star Ferries, $864.
Macao Electrica, $18.
Telephones (Old), $271.
Tramways. $164, $16.90.
1938
High Low Dow Jones Averages 134.80 88.96 30 Industriala
· 89.77 – 19.40-90 Raile
Adams Expresa
New York: June
New York Cotton-July. New York Kubber-July. Chicago Whest July. Chicago Corn
July. Winnipeg Wheat-July.
Last High Low Close $.10 8.02 7.98 TRID 11.70 11.78
7ał 74 281 57) 50+ 661 872
110) closed
Today' Closs 8.1:
12.08
Change
.13 ap ..33 up
up
1/ up!!
June 8.
113 75
24.48
High Low Close 188,113.79 115.74 20.88 90.43 20.81
Chang 1.90 up
33 up
32:30 16,14 90 Utilition 94.70 83.39 4 Bonds 54.99 45.03
10.82
19.29 18.84, 19.25
.43 ap
$3,85
11 Commodity lode 48.12
85.59 45.86
26 off
84 op
Business Done:—190,00% shared.
STOCKS
Last Bala
STOCKS
Last' Bale
FINANCE
NEW YORK STOCK EXCHANGE
(Through Bantar's Servion}
SATURDAY, JUNE 11, 1938.
BANKS
HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIĄ
BANKING CORPORATION
$30,000,000
Issued Fully Paid-Up 20,000,000
£ 8,800,000
AUSTRALIA AND CHINA Incorporated by Royal Churler, 18953
HEAD OFFICE: LONDON: 38. Bishopsgata E.0.2
H.K. Currency Reserve $10,000,000 Paid-up Capital...
Reserve Liability of
Proprietors
.$20,000,000
Head Office:-HONG KONG
******* £3-050.000 83.500.840
Resorve Fund. Rbarve Liability of Pro- prietore
.. £3.000.00
MANCHESTER ·BRANCH: 71, Mosley Street, Manchester.
AGENCIES AND BRANCHES- ALOR STAR
Chairman.
Deputy Chairman. AMRITSAR J. K. Bousfield, Esq., A. H. Compton, Esq.
BANGKOK
ΒΑΣΑΡΙΑ
HANGOUN
SALGON
HƯNG LONG PENANG ILOILO 120H
KARADUL
Authorised Capital
Reserve Funds:-
Sterling
Board of Directors.. T. E. Pearce, Esq.,
Hon. Mr. J. J. Paterson,
BEREMBAN
June 8 9
June 8 9
73* B
Humble Ol
591* 601.
Alleghany Steel Co. 131
14
Int. Nickel ..........
423
444
Allis Chalmers
T
424
int. Tel & Tel.
8*
91
Hon. Mr. S. H. Dodwell, M. T. Johnson, Esq., J. R Masson, Esq. G. Miskin, Esq.,
BOMBAY
Amer. Can
861
881
int. Dept. Stores ...
71
8
K. 8. Morrison, Esq.,.
CALOUTTA CAKTON CAWNPOBE CIBU
KLANG
XUBE
KUALA
SHANGHAL
BINUAPOWA
SITIAWAN
LUMPUN KUCHING
SQURABAYA
TAIPING
Amer. Cynamid "B" 174
173
Kennecott Copper
283
30.
Amer. & For. Power
31
31
bert Curpa
103
101.
Hon Mr. ALI Shields, D. C. Edmondston, Esq.,
Amer. & For, $7 pf. 161
17+
· Libbey- Owens- Ford
Acting Chief Manager,
Amer. Locomotive ..... .14]
15
Glass
263
271
"
Docks, Wharvas,
Godowns, ete.
3.15 p.m. CHANGES (CLOSING QUOTATIONS)
Amer. Metais.......
281
29
Lockheed Aircraft' ..
101 117
Branches:-
Amer. Radiator
101
101
Loew's Inc.
411- 421
$130
H:K & Waremm
$3.40
Providents (uk
tal $3.421
No Changes,
Amer. Rolling Mill....... 14ż
151
Lorilard
15
15
Amer. Smelting...... 381
361
McKesson & Roobins
Amoy Bangkok Batavia
1pob
Johure
Penang Rangoon
Robe
Saigon
$330
Do.
(new)
13 30
1.91
38.70
$36
H.K Lands..........
10
H.K. & W. Docke
Do, (now)
Bus Shangoni Docks S
13.90New Karinserings B.
$9
Lands, Hotels, and
Euldings
H.K. Hotel
Da 4% Debentures Shanghai Lauda...8.
$50 H.K. Healties..
SU.15 Hamphreys
Chincas Esták 106. - . ---
Colton Mis
$181
$15
THE EXCHANGE Amer. Tel & Tel.
Amer, Bugar R′ing ....." 21j*
214
$3 pt.
29.
29
Bombay
Kowloon
S&D
$100
14
$6.70
$38
201
$5.66 $81
$14.
Ewon
..
#751
S'ha Cottons ..............
537
Zoong Sings S
#42
Wing On Tartilant8.)|
$75
··994′′ $12
Pablle Utilities
$16.80
10)
$961
Flaaways wTABLETY Peak Trams (old) .......
Do. (now)...)
Star Ferrie
$16.70
$16,80
ID
XD
Y'wati Ferries, OR.3.
8131
1/8
$21.9
Do.
(new)
$11
China Lights (old)
$10.50
MARKET
Do.
(GSW)...
38
1504
H.E. Electrica: ...
159
318
Macão do
#91
Sandakan Ligists.
$27
Telophones (ald) ***
337
$101
24/0
Inactivas
$10 21/0
28-
Do. (pret.)|
Industrials
314
Cald, Macg". (Ord)8
814
(Prat8
>1,70
17.10 Vemente
Canton Ices
$4.70 Ropes
-
Consolidated
36.30 China Prov. (old)
$6,80
(new)
11:0 $16 10 સફ
$6.30
MARKET
MESSRS. ROZA BROS.
The price for Ready Silver was unchanged over the holiday but the Forward rate dropped. 1/16. the quotations being 19 for Ready and 18 11/18 for Forward, Silver $13.70 advices
reported some Indian purchases. Sellers were not keen. The market was steady. Ameri- can Sliver was quoted at 42 3/4 for Spot.
The London New York rate was quoted at 494.93. New Brooklyn-Manhattan York London was quoted at 495.
Quietly steady.
STERLING There were sellers at 1/2 15/16 June-August and 1/2 29/32 Sep- tember-October, buyers at 1/2 31/32 Cash-August and 1/2 15/18 September October.
U.S. DOLLARS
There were sellers at 30 13/18 Jurie July, possibly August and 3D 3/4 September-October, buyers at 30 7/8 June-August and 30 13/8 September-October.
SHANGHAI DOLLARS
1301 Amer. Tobacco ·"B" 681 Amer. Waterworks ...' 84
24 Anaconda Copper ... Atchison, T. & 8. Fe. 36)Ą Atlas Corpa............ Auburn Motors
132)
Martin, Glen L
221
Calcutta
Kuala
231
t'untod' Lumpur
60
Monsanto Chemical · 754
771
Chefoo
London
Montgomery Ward... 311
321+
C'ulombo
Lyous
241.
Nat Bond Invest-
Dairen
Malacca
371
ment
121
111"‡ | Foodbow Manila
61
Nat. Cash Register" 16
18;
31
3
Nat. Dairy Products
13)
131
Haiphong Muar Hamburg
Baltimore & Ohio.... B'more & Ohio Pid Barber & Co.
51
52
Nab. Distillers
19
19"
Hankow Mukden
Harbin
61
Nat. Power & Light
61*
61
Hongke
15 *
18
Nat. Supply Corp.
151
181
Iloilo
Barnsdali Oil
124
13
New York Central...
11
12
Bethlehem Steel
441
401
Niagara Hudson P
Current
Boeing Airplane Co. Borden Co. "... Borg-Warner
251.
241
Carph........
71.
74
3.
151
N. America Aviation
9
91
10
191
North America Co.
191
191
Briggs M'facturing. Brooklyn-Manhattan
181
19
Northern Paciar
73
83
Pacific Gas & Elec
26
262
CTORS
Trans
81
9)
Pacific Lighting
351*
371
Packard Motors .....
34
34
$6 cum pt.......... Case. J.L.
25
21
Paramount Pictures
7
754*
80
Paramount ist. pl.
69.*
773*
Canadian Pacifc
54
51
Pennsylvania R.R. ...
14j
151
Celanese Corpn. Cerro de Fasco
114
111
Phillips Petroleum ....
321
33
33
38
Public Service of NJ.
27Į
28
|
421 6 Columbia Gas & El. Columbia 6% "A" ̈pf. 61} Commercial Credit... 312 Commercial solvents · 71 Commonwealth & 8.
Chesapeake Corpn.... 28* Chesapeake & Ohio 23) Chrysler Corpn.
28*
Pure Ol
91
9
231
Radio Corpn. of Am.
52
51
424
Republic Steel
-12)
13
.
Reynold Tobac. "B" 362
37
001
Schenley
151
151
ין
31
Schenley 54% pl.
65 *
65
8
Sears Roebuck
551
57
11
1+
Shell Union Ou
12
12)
Commonwealth & 8.
#% cum. pf. Consolidated Edison 231
Socony-Vacuum Ol
121
13
407
42
Southern Cal Edison
211
22
242
Southern Pacific....
11 118
Consolidated Ou
BI
81
•
Southern Riy (com)
BANK OF EAST ASIA, LIMITED.
7272
$0.60
Nominal.
Continental Can
381'
391
Southern Rly $5 píá.
.11
111
Authorised Capital
Matelia cu
$241
Dairy Farran......
96 60
Ch. Etainments......
ai
SHANGHAI MARKET
Continental of
267
28.
Standard Brands
.7
$24
Nominal.
Corn. Products
631
64
Stand Gas & Elec.
31
32
Paid-up Capital
Reserve and Undivided
01
IN THE AFTERNOON
Curtiss Wright (C) 41
*
Stand Gas Elec.
Proâti
$10,000,000.00;
5,598,800.00
2,778,726.76
Peking) IBUAN WA
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and Francisco PIED. Deoarts received for. Que Shanghai
Year or shorter periods at rates Singapore which will be quoted on applica Sourabaya tion. Sungei
Patani Swatow.
(Jobore) Tientsin
Tokyo New York Tsingtao
Yokohama Peiping
Accounts opened in Local Currency and Fixed Deposits received for one year or shorter perfods in Local and other Cur- rencies on terms which will be quoted on application.
Also up to date Safe Deposit Boxes in various sizes To Let
Hong Kong, 2nd May, 1838,"
HONG KONG SAVINGS · BANK
The Business of the above Bank is conducted by the HONG KONG, & SHANGHAI BANKING COB PORATION. Rules may be ot tained on application.
For the HONG KONG & SHANGHAI BANKING CORPORATION.
D. G. Edmondston,
Acting Chief Manager. Hong Kong, and May, 1935.
The Bank'ı Head Office iz London undertakes Executor and Trustee business, and claims covery of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.
D. J. GILMORE,
Acting Manager.
THE CHASE BANK
18, QUEEN'S ROAD CENTRAL...
HEAD OFFICE:
18. PINE STREET,
NEW YORK.
An American Bank offering co- plete Foreign Banking Service
15}
the principal Markets of the world.. Interest Rates on Application.
BAFE DEPOSIT BOXES ·
b
This Bank is entirely owned by THE CLASS NATIONAL BANK, New Youx, with Besourock over 1.S. $2,500,000,000
D. M. BIGGAE,
Manager.
CULOSBO (DELHI)
HAIPHONⱭ HAMBURG
HANKOW HARDIN
MADRAS MANILA
TIENTSIN
TONGKAH
MIDAX
(Bhuket)
NEW YORK
TEINOTAO
PRIPING
TORONAMA
FO-
(00W)
+50
'hai 130,
LONDON
June 7
Peria
Geneva
21.72)
Constructions, (old)
Do.
$6,70 Lane Crawfords......
Nanyang Tobacco...
$1.20 Binceres or
$81 Watsons
da. Cu.G.5X1825G. Bd.
6.p.X. Uovt. 4%Loans
Do. 31%
H.K Wing Oo
Vibro Piling Maramans frv. (Lon.) 13/10
(H.K.) 20 pta Wm. Powelin
*Bales to Shanghai
EXCHANGE RATES
(British Wireless Bervice)
178 13/32
June " 178-18/64 21.73
CANADA SHOWS
ITS STRENGTH
The market was quiet in the Curtiss Wright "A" (18) afternoon.
201
ST PI........
187
181
$9.30
STERLING
Delaware & Hudson ទ Del Lackawanna &
The market closed with sellers!
Western....e
at 1/2 15/16 June-August and
Deere Co.
68%
$108
1/2 29/32 September-October, buy-¡ Distillers Corpn. Sea- ers at 1/2 31/32 Cash August and
Krak
310#
1/2 15/16 September October.
Douglas Aircraft
$53
$80
U.S. DOLLARS
Du Pont
$6
There were sellers at 30 13/18
Engle Picher Lead
June August and 30 3/4 Bep- tember-October. buyers at 30
Electric Boat
Elec. Bond & Share
170 cla.
15/16 Cash June and 30 7/8 July; | Elec. Band & Share August.
$5 pr......
Elec. Bond & Share
BUSINESS IN
$8 pl.
Eles. Power & Light
Elec. Power & Light
$7 pi.
Pintrote
Freeport Bulphär
Gen. America Trans
Berlin
Athens
Milan
Copenhagen.
12.32
12.32
Gen. Cigar
94
94-1/18
Effects Of Recession Gen. Foods
Gen. Electric
Gen. Motors
New York
Stockholm
Shanghal
Amsterdam)"
Vienna
1.02
4.94 15/18 8.064
Prague
142 1/16
pd 4.94-15/16 8.981
142-7/16
Gen. Ratway Signal 141 Glidden Co.
Godchaux Sugar
Class ""A"
on
Goodrich (B.F.)...... 12 Goodrich $5 pt.
Helsingfors
Goodyear Tire & Co. 18
Bucharest
6721
Hong Kong
Bombay
Montreal
Brussels
1/5-13/16
1's 5-13/18d
5.014 29.25
5.011
Great Northern Rly. 15 Great Western Sugar 251* Greyhound Corpm. 8) Hecker Products
20.261
19,014
201
Rlo
184
19
31% 1024
Yokohama
Sellers
Buenosaires
Monte Vidéo
allver (Forward)
Bliver (Spot) War Loan
ON LONDON:
Closing Quotations
June, 1:33.
Telegraphic Tradafer... 11/9 Back Billa, on demand 27/28 Credits, 4 months' sight 1/3-3/33.
ON SHANGHAI:
On demand
ON SINGAPORE : -----
On demand...
ON NEW YORK:-
19.034 201
18-11/16 19 31% 102.
55-5/20
Blank Bills, on demand 30-9/1 Credits, 60 daya" night 31-1/10 ON BATAVIA:-
On demand ON PARIS
Bank Bills, on demand 1,093 Credits, 4 months' sight – 1,180 On Sugen
On demand 53-5/16-1.Om ÷MÄTRA S----
135
UN JAPAN:
On demand............ 106. INDIA-
Telegraphin Transfer...
On demand
In United States
The recession in business in the United States was bound to show. its influence
business in Canada, but those effects have been less marked than might have
been anticipated.
Canada
emerged from her sound winter
and optimistic. Trade is good, employment is standing up, and in the West. there is a fine spirit of confidence. because, the drought ares, punish- ed severely for some years, has
had sumcient moisture to see the new crop away to a good start.
NO POSTPONEMENT OF TRADE TALKS
London, June 10.
It is stated to official quarters that there are no indications of
any postponement of the Anglo- American trade negotiations now proceeding at Washington.-(Br tish' Wireless).
Canada's domestic exports for
of the fiscal year to the" and March reached a value of $1,070, 217,328, which was an increase of
about one per cent over. 1936.
In exports it was the best year since 1930 when the total was fty millions more, but still 300 millions below the record year. 1929. Furthermore the seven year peak was attained despite a drop, of more than $100,000.000 in was being well maintained. Gold
the value of wheat exported.
At the end of April a composite of the six major factors from
108hich the Dominion Bureau
4019
On Bangkox-old Nepa
On demand ***** Sovereign Hokage50-bund
There was a very encouraging movement of railway freight, and the physical volume of business
| shipments from Canadian mites
In! March reached the highest point in Canada's history, 406,231 of ounces of
Statistics" charts the trønd
Exports to the United States economic conditions showed a de- continued, however, to show "a
For
first three the cifne of only 3.8 per cent from the decline. corresponding period of last year, months of the year, under the 991: _thiq decithi was accounted Canada-UA." trade tresty, exports Bant Buying Rate.... 1/3-1/ for largely by common stock prices had a value of $41,983,557 as co- pared with $50.921,780 in the first paganda na stock exchange Trading.
quarter of last year.
$ ex div. * bid.
AUSTRIAN LOAN
MEETING
Head Office:-HONG KONG Na 10, Des Voeux Road, Central.
Board of Directors :---
Sir Shouson Chow, Cháirman
Li Koan Chun, Esq. Li Lan ang. Eaq. P. K. Kwok, Esq. WongChuson, Esq. Wong YunTong, Esq. Kao Ying Pu, Esq Chan Ching Shek. Fung Fing Wah, Esq.
Esq
Kan Tong Po, Heq., Chief Manager. Li Tee Fong, Esq., Mawiger.
Semarang
Peiping Alnaspore
Boursbeya SWBLOW
Every description of Banking and Exchange business transacted. Loans granted on approved. securities.
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 in Chian 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 se. Exchange.
Head Ufice: SHANGHAI Hongkong Branch).
4. QUEEN'S ROAD, C.
South China Offices:
Current Accounts opened in Loca}}CANTON Currency and Fixed Deposita reSWATOW
one
year or shorter
periods in Local and Foreign Cur
KONGMOON TOISHAN KINGCHOW
rencies on terms which will be We also handle the issue of Bonds
Safe Deposit Boxes To Let
KAN TONG PO,
Chief Manager.
MINING NEWS
MAPASO GÜLDFIELDS, Inc. has
and other Fublic Funds of the Chinese Government both at Home and Abroad.
'SHOU J. CHEN
Manager.
agreed on a contract with the East THE MERCANTILE BANK OF Mindanao Mining Company" for
the treatment, of its ore in the East Mindanao mill
INDIA, LIMITED,
Head Office: 15, Gracechurch Brest. London, EC.3 By the terms of the contract Authorised Capital Mapaso will ship not more than 12 Subcribed Capital
Paid-up Captial
London, June 10, A meeting of the Committee of Quarantor states of Austrian loans was held at the Treasury yesterday tons of ore dally to the East Miners Fund and stet, under the Chairmanship of S80 per cent of the gold and 85 danao mill. Mapaso will receive Frederick Leith-Ross."
BANKERS: The Bank of England and Midland
Bank, Ltd, W BRANCHES:
Ipol
Bangkok
per cent of the silver extraction. After discussion, the committee less F3.00 to P8.50 per ton for
to adjourned
today.--(British treatment. None of the ore is to Bombar Wirless.
exceed PiEs per ton in grass valuation. If ore exceeds P70 per palm Dalla ton in value the share will be Bengkong |P8.50; If under P70, PL00.-
REICHSMARK QUOTATIONS.
The Reittismárk
Berlin, June 10.
was quoted, without guarantee, as follows:
New York,' 40.18. Paris, 1448.-
Amsterdam, 72.025 to 72.075. London, :12:31 AMA Paris Steming, 178.38 to 178:35. Paris' UAEotlar) 38-Tfaris-
ocean).
It is expected that it will cost Mapaso, In addition to the treat ment charge, approximately 7.00 a ton to deliver the ore from its mine to the East Mindanao mill, The ore, which has been delivered alace June1 has been running around P100 per ton since it is hign grads development ore; it is reported.
rohe
Howart
Kandy Karachi
Kota Baru
Ksale Lipto
Ktals Lamper
Kaala Trexpos
Medran New York
Khanghai
ingapore
HONGKONG BRANCHL Every least of Barking and Exchange bandhan kewiracteli
Text Chequre famial, TRUSTEE AND EXECUTORSHIP
27
UNDERTAKEN,
́OURRENT. 4000UNTS opened in Local de
rear and FIXED DEPOSIEN cited in Local forSSET, STERLING U.S. DOLLABS on terms that may be alertsioad on application.
D. BENSON,
91
Standard Ol of N.J.
401
47
Sterling Products
613
€1.*
41
51
Studebaker Corpn.
4
44
4
16
10
Bwift Internationa:
241* 25
Technicolor
221
231
134
13+
Texas Corpn. .......
384
38
451
461
Texas Quit Sulphur 30%
301
971
991
B
8
72
71
71
7
Tidewater Assoc. Ol ́ 121 - Transamerica (new) 备 睡 20th Cent. Fox. Flims 21
do Flims.pl. 2831- 291
12)
21+
Union Carbide &
451
46
Cárton ...
651 671
Union Pacifc ........
60 *
811
Branches and Agencies:--
504
50
United Aircraft .......
264
261
Amoy
Xomioon Penang
Hilarie
London
Kanoc
01
10"
United Airlines Trans
81
84
B-mbay
Manila
Bion
Sydney
United Corph ...
21
21
Cunta
Melbourne Nag
AI FIAR-
Talha ku
cleod
Tintain
381*
37
141
147
United Corpn. 23
cura. pl.
1
25 251
Haiphong Banker Honolulu Kobi
Saw York
Tokyo
Deska
GOULET
Shangha
Takahama
25
25
United Gas Corpo.
33
31.
371
37 1 Un. Gas. Tprovem't
94
91
22 *
221*
Un. Light & power
21]
23
337
347
U.S. In'trial Alcohol
184
171
287
29
US. Rubber
251
271
282
30
US. Rubber pf........
841
674
15
US. Smelting
.50 *
53
ceived for
167
171
U.S. Steel
42"
43
SHIUCHOW
Vanadium.
122
141
Warner Bros. Pict.
41
41
quoted on application/**
127
Westinghouse
Elec.
754
771
354*
361* 181
Woodward Iron Cor.
111"
12
Youngstown
Bheet
d
Jul
161
& Tube
281 291
261"
Bi
67
, Call Money
Chase National - Bk. 281* 28 * 231* National City Bank 233*
15%
PHILIPPINE
1.
#19 200
£1247 850
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