1938-06-16 — Page 12

Daily Press 孖剌西報 All

PAGE 12 HONG KONG DAILY PRESS

DAILY SHARE Hong Kong Stock

Exchange

QUOTATIONS

Sharebrokers' Association

H. K. STOCK

EXCHANGE

FINANCE

NEW YORK STOCK EXCHANGE

(Through Reutar's Service)

Came

Belors

#

1459) ILK. Banks

Insurances

Underwriters

1239 1.K. Fires

WEDNESDAY. JUNE 16.

Bayer

Beiler

D. I

Banks

$1,100

tho. (London)

£12

Chartered Banks

£12

£28

Sircantile Bkя. "A"

£38

13 Mercantil Ba

£14

H.K. Tramways, $16).

900

Bank of Past Ani...

$86

IN C. & S. Banks

JA

1247

Canton lusurances.................

$5+

Union EnsurAALO8

33

YESTERDAY'S OFFICIAL QUOTATIONS

The Market was dull and fea- tureless during the short session,

BUYERS

Venz. Goldåelds. $3.

H.K. Lands 4% Deb.. $101.

Peak Trams (Old),.$6).

Entertainments, $3.40.

AK. Govt. 4% Loan, 3% pm.

New York Cotton-July. New York Rubber-July. Chicago Wheat --July. July Chicago Corn Winnipeg Wboat -aly.

QUOTATIONS

Authorised Capitai

Reserve Funds;---

New York: June 14.

باشید

Sterling

High Low Close 8.31 8.01 8.06

Today'a Close

Changi

Reserve Liability of

8,19

.13 up

•Proprietors

12.01

11.85 11.85

12.09 b

.17 op

THURSDAY, JUNE 16, 1938.

BANKS

HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA

BANKING CORPORATION

850,000,000

Issued & Fully Paid-Up #17,000,000

‚‚£ 8,500,000-

AUSTRALIA AND CHINA Incorporatul by Royal Charter. 1835

HEAD OFFICE: LONDON:

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

.

38. Bishopsgate B.C.2

$20,000,000

Reserve Fund "Reserve Lizbility of Pro- Delstars

£3.000.000 £1.000.000

£3.000.00

Bit

781

78

802

2 up

DE 08

672

671

3/4 up

113

10%

10)

110

4 цр

1938

$350

SALES

9616

**

Mączo Electrics, $18.

Low Dow Jones Averages High 134.95 98.95 30 Industrial -92.77 19.00 20 Bails

June 19.

High Low Claa

Chang

111.87

1990

Marsmans (H.K.), 3/11

Shipping

(Prices below in Phil Currency)

ts:

Douglass...

$76

Utilities 28.20 10.14 20

4 Bonds $2.70 83.39 54.99 45.03 11 Commodity Index

20.10

+9.53 18.70 $4.91

113.08 111.54 119,78 20.61 20.01 20.40

Hon. Mr. J. J. Paterson,

31 up

Si up

Deputy ChairmØR. AMRITSAR

19.37 18.45

18 aft

J. K. Bousfeld, Esq.,

84.83

.08 off

A. H. Compton, 'Esq.,

48 94

47,83

.80 up

Hon. Mr. S. H. Dodwell,

$12+

Steam beatday. ***

$234

Antamoks Ps.. .431

Business Done:—350,0v abaros.

180

Indo-Chinas (Pref.)...)

851

Atoks, .27

M. T. Johnson, Esq.,

B. Masson, Esq.,

$24

Indo-Chinas (Def.).

Baguio Gold, 23)

$42/6

Shells

82/6

STOCKS

P.90

Waterboats

$9.90

Mining

14:

Kalas

$14/8

29.90aub

Venezuchs Gold Fids.

1jcts. Hong Kong Mines......

-

Docks, Wharves

Godowns, etc.

Benguet Consol., 10.30.

Coco Grove. .47)

Consol. Mines, .0039

Demonstrations, 30 IX.L. .70

"San Mauricio. 471 Suyoc Consol., 17 United Paracales, .32

Adams Express

Last Sale June 13

17 71

STOCKS

Last Sale

14

June 13:14

Humble Ol}

591

Alleghany Steel Co. 13j

13

Int. Nickel

421

Allis Chalmers

391

411

Int. Tel. Tel. .......

81

Amer. Can .......

871

87

Int. Dept. Stores....

7"

Amer. Cynamid "B"

171

173;

Amer. & Fof. Power

34

31

$130 H., & K. Wharves...

$128

Amer. & For. 57 pt.

161

181

13.40 Providenti fold;.

$3,20

Amer. Locomotive...

141*

15

9.30 Provideats faew)

#310

Amer. Metals

291

28 *

$13

$18

10

K. & W. Ducks.

1.

(*

18

PHILIPPINE

Amer. Radiator

101

101

136

$101

Shangua Docks S.

$3,90 New Enguveritis S.

Lands, Hotels, and

Buildings

K. Hotels

1.K. Land

- Debentures

19 Shanghai Lards S.

$2.65 Kalties

BLO8

MINING NEWS Amer. Sugar Ring... 211

Amer. Rolling Mill... Amer. Smelting

143

142

333

341

217

$61

$36

$101

LI

89.15 | Himplorejs

RESOURCES, MINERAL operated part time during and from May. 26 to May 31 average production was around P1.700 per day, or around P10.200 for period.

INC.

Amer. Tel. & Tel... 1323. Amer. Tobacco "B" 69

1293)

691

May.

Amer. Waterworks... Anaconda Copper

31

81

23}

24

Kennecott Copper... 272

Lambert Corpn....... Libbey-Owens- Forç

Glass

Lockneed Aircraft Loew's Inc.

Lorillardeg

McKesson & Robbins

$3 pt.

Martin, Glen L ..........

Monsanto Chemical 76 Montgomery Ward... Nat. Bond

+++

30

Invest-

the

Atchison, T. & S. Fe.

25

251

ment

Atlas Corpa.

61

Nat. Cash Register 181

50

Clunes Katates

Cotton MLS

$154 Ewo di

3152

#76 Shai Cultons (S.) -

$75

#24

$27

Zoong Sings (S.) ......

$42

Wang Ou Tezsiles (9.)

$12

Public Utilities

Tramways

Peak Trams fold)......

161

Peak Tramis (nww]...

$85

| Star Ferries on

186

Mill operations were suspended

B'more & Ohio Pid. Barber & Co.

14 days during May. During the early part of the month, our new water supply was not completed, und the mill was down 6 days due to lack of water. Towards the 16.55 middle of May the drought broke, Boeing Airplane Co 221

and we have been having ample rainfall.

Unfortunately, however,

Auburn Motors

21

23

Nat. Dairy Products 131

Baltimore & Ohlo

5

.41

Nat Distillers

G

61

15)

15.

Nat. Power & Light;

Nat. Supply Corp. 15

Barnsdall Ou Bethlehem Steel

121

121

423

443

23

New York Central... Niagara Hudson F

Corpa......

11

Borden Co.

15)

151

N. America Aviation

Borg-Warner

10

· 133

$23

Y'mala Ferries RS

$23

$21.800 10.

321,80 the power

on May 18. it was discovered that

plant needed

3riggs M'facturing.. 173

173

North America Co. 187 Northern Pacifc

Brooklyn-Manhattan

Pacific Gas & Elec

over-

81

18

$17

$11 Chun Leghts told

***

1 bina Lights (unw).

$5711 K. Kietrusz

Ma Breaches

40Santakan Lights

Teleplumes julů)...

10.60 hauling and

48

$57

J

$10

Telejda tars (nowa...

$37 $10

minor repairs, this necessitated a further stop- page of milling for eight days. Pumping unit now operates satis- factorily.

Trans. and

Pacific Lighting

387882 PEPPER **** *** 23.

"

113

******** **** **** ******

f

G. Miskin, Esq.,

K. S. Morrison, Esq., Hon. Mr. A. L. Shields, D. C Edmondston, Esq.,

Acting Chief Manager.

4

Head Office:—HONG KONG

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

Chairman.

MANGKUTSTER BRANCH:. TL. Mosley Street, Manchester.

AGENCIES AND BRANCHES- ALOR STAN HONG KONG PENANG ILOILO

RANGOON 9410DN SEREMBAN "

SPANOMAL BINGAPORA

BITLAWAN BOUZARAYA

TAIPING TIENTSIN

TONGKAB

(Bhuket)

BANGKOK

BATAVIA

BOMBAY

Amoy

Branches:- Ipuh

Bangkok Batavia

Johore

Penang Rangoon

Robe

Saigon

Bombay.

Kowloon

San

Calcutta

Kusla

Canton

Lumpur Shanghai

1611

Chafoo

London

Colombo

Lyons

Dairen Maincoa

Patani

Santow

opened In

7

1841

얼굴

2G1

'371

37 *

Brooklyn-Manhattan

Packard Motors...

31

31

$8 cum. pf. Case. J.I.

26 *

28

Paramount Pictures -67

.61

.748*

76 *

Paramount 1st. p.

722

71 1

Canadian Paclic .....

54

54

Pennsylvania .R.R....

14%

14

24/6

Tractions

22/6

24.

Truetton (piel

Industrials

314

Caldacg4ord.) 8.

$14

Cat.. Macg, Prof.) S.

Canton Jers

11.70

#17.10, Cements

$4.70 Ropes

tre

Consolidated

18.80 China Prov. (old).......

$6.40

$24

68 40

#1}

Constructions (new)..........

58.70

Lane Crawfords.

[Nanyang Tobacco a

17.20

881

Waten

Ch.65%1950.8Bds.

36.60 China Prov. (new)......

Miscellaneous

Ch. 1'tainments

Constrictions (old)...........

80.20

Dairy Farms.........

$24

$14

Since May 28, the mill has been operating at full capacity, and it is belleved we are now in a posi- tion to so operate at full capacity From May 26 to 31, our gross pro- duction averaged some P1.700.00 $1.80 $16.45 per day, and we see no reason why this rate could not be continued as mill heads were average. At this rate, a fair profit is made on operation.

The Labo mill is arriving short- ly and should be operating by Sep- tember 1. It has been decided to extract as much free gold as pos- $8.30sible and to stock the sulfide tall-

Celanese Corpn. Cerro de Pasco ....... Chesapeake Corpo.... 281 Chesapeake & Ohio Chrysler Corpn. Columbia Gas & M Columbia 8% "A" pl. Commercial Credit. Commercial Solvents Commonwealth & S. Commonwealth & S

6% cum. pl. Consolidated Edison 23+ Consolidated 011 Continental Can... Continental Of

111

111

Philips Petroleum ..

317

327

33

34

Public Service of N.J.

263

2741

301

Pure Ollers

91

gi

231

234

Radio Corpn. of Am.

51

51

40

411

Republic Steel

121

121

&

5%

Reynold Tobac. "B" 361

37

30

592'

Schenley

141

141

30±*

30%

Schenley 54% pl. ... 60

$2

77

71

Sears Roebuck .....

541

657

13

∙18

Shell Union Of .....

117

12

Socony-Vacuum Oll

12張

129

40

371

Bouthern Cal Edison.

22

22

233

Southern Pacific

101

11

Paid-up Capital

-81

મા

Southern Rly (com)

7

71

Reserve and Undivided

Prosta

2,778,720.78

381

381

Southern Rly $5 pid.

101

102

201

27

Standard Brands ....

ཁྐྲ་

71

Head Office:-HONG KONG

Corn. Products

631

641

Stand Gas & Elec.

31

31

Nu. 10, Des Voeux Road, Central.

$

$21

Curtiss Wright, (C.)

41

47

Stand Gas & Elec.

霉程

Curtiss Wright "A"

194

194

$7 pl.......

174

171

10,6

$60

++*

Shui Wing On J

Vibro Filing

Maesmanis (ny. (hann)

6pak. Govt, 4% Lorus

| H., Gove, 34% Loans | $1024

H.K. Wing Onlin

1106

SOVIET OUTPUT Delaware & Hudson

811

9

Standard Oll of NJ.

453

45

Del. Lackawanna &

Sterling Products

601

60%

IN 1938 PLAN

Western

40

5

Studebaker - Corpn.

4,

1

Deere Co.

154

153

Swift International 25

251

$5

Distillers Corpn. Sea-

Technicclor

223

221

- grams ...

13

131

Texas Corpa...

371

37

13/11

| Blaasoman's Day, (H,K,;.

70 at W. Powel

LONDON EXCHANGE RATES

(British Wireless Service)

70 cta

Di Pont

Paris

Genera Berlin

Athens

Mulan

Copenhagen

June 13

178)

21.69

12.321

June 14 178 25;64 21.66 12.31)

947

942

Stockholm Shanghai

New York Amsterdam

Vienna

Prague Helsingfors Bucharest

Hong Kong

Brussels

Sellers

Buenosaires

8

8id. 4.56-11/16 4,363 8.957

8.90

142-13/16

072)

..

18 5-51/64d

5.021

v09.261

5.02} 29.24+

Yokohama.....

out-

19.02 201

20

181

181

18-15/18 34% 1017.

181

3% 101 1

Bombay

Montreal

Monte Video

Fio

Bilver (Forward)

Silver (Spot) War Loan

ON LONDON:--

Closing Quotations

Jane 5, 1988.

Telegraphic Transfer... 11/

Bank Bills, on demand 7/32 Credits, 4 months' sight 1/3-1/32

ON SHANGHAI :----

On demand

On New York:~//

Bank Bills, on domad 201 Credits, 60 days' sight 31

ON BATAVIA

On demand..... ON PARIS:-

*** 65-5/16

Bank Bills, on demand 1,095 Credits, 4 months' sight 1,160

OR, SAICON-

1801

150

ON SINGAPORE: **

On demand

On demand

53)

ON MAXILA

ON JAPAN:-

On demand

UN BANGKO

On demand

106

On demand

149%

Sovereign Notes (**

Bank Buying Rate...

1/3-1/59 18]

ÖZEINDIA 19 Og mga

Telegraphic Transfer... 1825/16 Bay ve Y

Bank no decans.

First Quarter Returns Douglas Aircraft

Industrial production in Soviet Eagle Picher Lead Russia is higher this year than Electric Boat last, but the rate of Increase is Elec. Bond & Share comparatively not as great as it Mec. Bond & Share was in 1937.

$5 pf. Mec. Bond & Share

49 $8 pf...... Elec. Power & Light 91 Elec. Power & Light

According to documents publish- ed recently. the food industry is working most steadily, production exceeding by. 6.6.percent, for the first three months set in the Five- Year Planı.

Altogether. Industrial production has augmented by 9.7 per cent. compared to the first quarter of last year. Nevertheless, in general, the objects of the Plan were not fully realized, production reaching a figure of only 81 per cent. despite increases

34.* 351 137 131 Fintkote.

241 25 Freeport, Sulphur

37 Gen. America Trans 351* 224* Gen Cigar

921* Gen. Electric

321 33 Gen. Foods ...... Gen. Motors

Gen. Railway Signal 14 Glidden Co.

odchaux ・・ Sugar Class "A": Goodrich (B.F)

The light Industry shows more progress than the heavy; the Plan

113 being led by 98 per cent. in the first instance, but only to the Goodrich $5 pf. .............. 38 * 361*

171 extent of 88.5 per cent. In the sec- | Goodyear Tire & Co. 174

15 Great Northern R17 141 ond.

251 Great Western sogar 271 Greyhound Corpn. 82 87 61 61

Motorcar factories were standing. fulaliing expectations

with 100 per cent. production. Hecker Products this goes on, Soviet Russia will have 400,000 trucks, tractors and other "machines put out by the end of 1938.

Results attained in the metal- lurgical Tridustry are not satisfac. tory, since only 884 per cent, of what had to be done has actually. been accomplished.

· REICHSMARK QUOTATIONS

Berlin, June 16.

Was quoted, The. Reichsnark without guarantee, at:

New York, 40.32.

Paris, 1449-‚ ̈ ̈ Amsterdam, 72.55 to 72.70. London, 1231. Paris Pound Sterling, 178.37 to 178.42 Paris U.S. Dollar, 35.91 to 35.92. (Transocean).

COMMODITY PRICES

IN PEIPING

Commodity

Hankow, June 15. prices in Pelping

MONOPOLY

RENOUNCED

Teheran June 14. The Iran Finance Minister-in-

and Tentsin are continually soar formed Parliament today that the ing as a result of the compulsory Americo-Iranian Oil Company had use of bank notes issued by the renounced the monopoly granted bogus Peiping regime, according to it in 1936 (Reuter). The Ministry of Finance has a Tientsin message. (Central pledged itself to take all measures News) within its authority to stabilize the foreign exchange market in various cities, state advices to the Bin Wan

40

ROYAL COMMISSION

London, June 14.

A Royal Commission, is shortly to be appointed to enquire into the

The Chairman of the Military Affairs Commission, General Chiang Kai-shek sent a message of cum dolence to the people in Canton on Monday for their recent suffer- Pao. The Ministry, It is stated, has

The Farm Credits Bureau of the social and economic conditions in ing Trom Japanese bombings, says also reaffirmed the fact that the

dispatch to the gin Wan Pao. Chinese Government has never Ministry of Economics has sent Barbados, British Guiana, British The massage, which was conveyed made use of the cash reserve of agents to open an agricultural, ex- Honduras, Jamaica and the Wind- by the Pacification Commissioner the national currency. The problem periment station in Kwangtung ward, Islands, it was announced by ark the Chairman of the Kwang- or China's foreign exchange, its states a dispatch to the Morning the Colonial Secretary in the House

was thoroughly Leader. The station, to be cap of Commons today, tung Provincial Government, Gen- pointed out,,

Mr. Malcolm MacDonald also erals Tu Han-mod and Wa Te discussed in the National Currency italized at $1,000,000, will aim at

increasing grain production in the emphasised in regard to Palestine, chen, indicated the intention of Conference recently held the Central authorities to streng Hankow and the exchange situa province, into which more than the change of Minister implied no then the anti-aircraft defence of tion is currently more stable than 7,000,000 piculs of foreign grains change in the Government's gen-

have to be imported every year. eral policy.—(British Wireless). It was a few weeks ago,

Canton.

in

S

424

44

Texas Gulf Sulphur 31)".

301

941

951

Tidewater-Assoc. 011 114

12

3 •

B'

Transamerice (new)

.0

#t

71,

71

61

20th Cent-Fox. Flims 201

do. Films pf.... 291* 201

21

Branches and Agencies:-

*****

K

cas

Union Carbide &

Bi

Calori

Landya Varia Helbimarge San Fran

PEDAGE Kangoon

Badge

Hydory

Tal-En

43 *

43.

Carbon

621 641

Can'

Malain

Union Pacific ......

61

.61

Ralph

Sow Yur decle

Semarang

491

United Aircraft

251 26

Hn lalu

Parti

Zukça Yaz Tokohama

91

United Airlines Trans

73

Кобил

Pelping

Singapore

United Corpn........

21

21

United Corpn. :$3

cum. pf......mond wel

25

25+

on

United Gas Corpn.

31

31

Un. Gas Iprovem't

01

Un. Light & power

21

2

8. In'trial Alcohol

17

· 16+

ceived for one year

291

20

U.S. Rubber

25

201

rencies on "terms which will be

Foochow Manila

PEIPING

YOKOHAMA

(Peking) ZAMBOANGA (

Foarion Excrangi and General

Banking Business transacted..

CURRENT Accounts opened and Francisco FIXED DEPOSITS received for One Year or shorter periods st rates Singapore which will be quoted on applica- Snurabaya ition. Sungei

Haiphong. Muar Hamburg (Jobora). Tientsin Hankow Mukden Tokyo Harbin New York Tsingtao

Yokohama Eongkow Peiping. Iloilo

Current Accounts

Local Currency and Fixed Deposits regelved for one year or shorter periods 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, 1938.

HONG KONG SAVINGS BANK

The

Hend Benic's

Ofice in London undertakes Executor, and

Trustee business, and claims re covery of British Income

Tax loverpaid, on terms which may be ascertained at any of the Agencies and Branches.

D. J. GILMORE,

Acting Manager,

THE CHASE BANK.

15, QUEEN'S ROAD GENTKAI.

The Business of the above Bank An

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

For the HONG KONG & SHANGHAI BANKING CORPORATION.

D. C. Edmondston,

Acting Chief Manager. Hong Kong, 2nd May, 1938.

BANK OF EAST ASIA,

LIMITED.

Authorised Capital 10,000,000.00

5,598,800.00!

Board of Directors : —

Sir Shousoa Chow, Chairman

HEAD OFFICE:

13, PINE STREÎT,

NEW YORK.. American Bank offering com. 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 BANK, "New YORK, with Resources over

U.S. $2,500,000,000.

D. M. BIGGAB,

Manager.

BANK OF CHINA

Specially Chartered by

THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE

BANK

Li Koan Chun. Esq. Li Lan ang, EPAID-UP CAPITAL...$40,000,000.00

P. K. Kwok, Esq. WongChabon, Esq. Wong YunTong, Esq. Kan Ying Pu. Faq

Chan Ching Shek. Funk Ping Wah, Esq.

Esq

Kan Tong Pa, Esq., Chief Manager. Li Tab Fong, Esq., Manager.

Bourn

Every description of Banking and Exchange business transacted. Loans granted securities.

(BRANCHES ALL OVER CHINA)»

Owing to our numeroia 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 an i Exchange.

Head Ofice SHANGHAI Hongkong Branch: :

1, QUEEN'S ROAD, C. South China Officer:

KONGMOON

approved SWATOW

Current Accounts opened in Local

Currency and Fixed Deposita re

TOISHAN

KINGCHOW

We also handle the isane of Bonds

shorter and other Public Funds of the

periods in Local and Foreign Cur Chinese Government both at Home

-QALCUTTA

CANTON CAWNPORK CERU COLOMBE DELA), '... PHONG HAMBURG

HANKOW jHARBIN

KABACHA KLANG

Koa KUALA

.. LUMPUR

KUCHING

MADRAS

MANILA

MEDAN

NEW YOR

TSINGTAĎ

CANTON

SHIUCHOW

281

287

US. Rubber pf.

611

632

15+

US. Emelting

56

$7

quoted on application.

and Abroad.

##

Safe Deposit Boxes To Let.

16.

107

US Steel

41

412

KAN TONG PO,

BHOU J, CHEN

Vanadium

on

14

13

Chief Manager.

Manager.

Warner Bros. Pict....

42

4.47

12

Westinghouse

Elec.

721

742

Woodward Iron Cor. 11

114

Youngstown Sheet

& Tube Chase National Bk. 264 National City Bank 214* Caff Money

1% 1%

274

28

201

ez div.

• bld.

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