1938-06-21 — Page 12

Daily Press 孖剌西報 All

$500 $2 $230

$75

1991

$51

$24

$81/6 Shells

155,90 Waterboats

82/6

$8.90

H.K. Docks (New), $17. Providents (Old). $3.10. Providents (New), $1.

$14/-

89.40

#2

#3

134

12.00

12.90.05

$18 $17

H.K, W. Locks

(BOW).

Venezuela Gold Fids.

cta,ong Kong Mines............ Docks, Wharvos, Godowns, etc.

[122 H.K& K. Wharves.

Presidents jold;.

Provident **¥ } .

Venz. Goldfields, $3. H. & 3. Hotels, $6.40. H.K. Lands. $331,

·PÄGE 12-HONG KONG DAILY PRESS

DAILY SHARE QUOTATIONS

Hong Kong Stock

Buyers Mar

Exchange

MONDAY,

JUNE 20..

Banks

Sharebrokers'

Association

Buyer Sellera Balea

| #1440 11.K. Bauks ............

10. (Lcadou)....

£87

21A

Chartered Banks .... Mercantile Bka.' "A"

E13

$90

1948

Mercantile Ban "C"

Bank of Past Asia...

N. C. & S. Banks

Insurances

Canton Insurancos..

1513 'nion sur AE DE ...............

Cudorwriters

1920 İ.K. Firea

Shipping

Demglasses...

128) Steambanks........

$8

185

$80

Inch Chinas (Praf:)..

124

Indu Chinas (Lo!.) .............

Mining

14. 19

Ki

Raubs

M

⠀⠀ în diferen

Nominal

$1,460

£87

£113

£16

£14

$88

$2.

$950

H. K.

STOCK EXCHANGE

YESTERDAY'S OFFICIAL QUOTATIONS

A better feeling pervaded, the Market during the day, buyers be- more in evidenec, though

disinclination to the owing

of holders to sell, the turnover waN somewhat restricted. Business was reported in Docks (Old) at '$175 and (New) at $161, closing with offers of $17 for the New. Lands were deals in at $33. Trams at $16.85 and China Lights (Old) at $10.35/10.40 Offers were made of 23.10 and $3.00 for Old and New Providents, without business, te sulting.

FINANCE

NEW YORK STOCK EXCHANGE

(Through Reuters Service)

Winnipeg Wheat-July,

QUOTATIONS

High Low Dow Jones Averages 134.90 58.96 30 Industrials

$8.77 19.00 90 Raile 18.20 16.14 90° Utilitzan

2.70 83.39 Bonds $4.99 43.03 11 Commodity index 47.91

New York: June 18.

New York Cotton-July. New York Rubber-July. Chicago Wheat

5,42 831

Last Today's High Low Close Close

8.33 8,42

Change .09 up

Authorised Capital

Chicago Corn

-July, -July.

78 761

12.94 b glosad

781 771 37 67 078 374 107 100 1071 108

Issued & Fully Paid-Up $20,000,000

1A of

Reserve Funds: --

1/ of

Sterling

..........£ 8,500,000

7/8 08

Reserve Liability of

1938

Proprietors.........

June 17. High-Low Clown Chang

113.06

* 113.41 113.05 113.23

.17 ap

19.88

18.76 19.69 19.73

8.49

18.55 18.47 18,54

.00 up

£3.56

33.60 unquoted

.03 up

T. E. Pearce, Esq.,

Business Dore:-100,000 shares.

STOCKS

Last Sale

STOCKA

June 17 18

BUYERS

Adams Express.... Alleghany Steel Ca. 14

72.

8

14

Humble Oil

Int. Nickel .......

42

.

Allis Chalmers

$124

13

12.99

$2.95

$18

H.K. Lands 4 Dëb; $101. H.K. Tramways. $16.80. Peak Trams (Old), saj. China Lights (Old), $10.40. HK Electrica. $57.

Amer. Can..... Amer. Cynamid "8" 17 Amer. & For. Power 31 Amer. & For. $7 pt. 101 Amer. Locomotive... 14 Amer. Metals 281 Amer. Radiator......

· 101 101 Amer. Rolling Mill 142 147" Amer. Smelting ....... $354 551 Amer. Sugar Ring... 21}*

40 401 851*

int. Tel & Tel.

9

88*

Int. Dept. Stores ...

11

B

161

Kennecott Copper..

291

ود

161- 14

Lambert Corp....... Libbey-Owens- Ford

Glasa

271

281*

Lockheed Aircraft Loew's Inc.

Lorillard

161

McKesson & Robbins

211

$3 pt.

28

517)

*

108 Sangha: Docks S.

13,00 New Pagineerings S

:::

$106

24

Lands, Hotels, and Buildings

H.K, Gort, 3} Loan. 3% pm. Consol, Ch. Prov, (Old), $8.20. Consol. Ch. Prov. (New); $6.

SALES

Amer. Tel & Tel... 129)

1294

Amer. Tobacco "B" 71

711

Amer. Waterworks... 84

81

Martio, Glen L ..... Monsanto Chemical 782. Montgomery Ward

221

311

Angconda Copper... 221

24

Atchison, T. & S. Fc. 24)

243

Nat. Bond Invest-

ment

12

30.K. Intola 11.15, Lands

Fa

$5.30

::

T

$34

H.K. Docks (Olα), $174. EK. Docks (New), $164.

Atlas Corpn. ...............................

61

Nat. Cash Register 15

$61

123

$16,50

$5

Do, Debentures

Shanghai Lands S

11 K. Realties.

Humphreys

Chinese styles

Cotton Milis

$154 Akus (8)

$754 Shy Cottons (N.) ...............

$37Youngming (9)

$42

当然是

Mg On Textiles (8)

Peak Teams jolik)

nk Trans (new)

SURE Ferries

Y munti Ferries RS

$101

Auburn Motors

21

21

Nat Dairy Products 133

Providents (New), $2.90/95.

Baltimore & Ohio...

11

48

Nat. Distillers

182

HK. Lands, $334!

$5.15

B'more & Ohio Pfd.

51

Nat Power & Light

BA

H.K. Tramways. $18.85.

Barber & Co.

151

151

Nat. Supply Corpa. 154

China Lights (Old), $10.35740.

Barnsdall Oll .... 13

13

Entertainments. 36).

Bethlehem Steel ........ 44

444

$15.10

875

Consol. Ch. Prov. (New), $5.80 Boeing Airplane Co. 23

238

New York Central... Niagara. Hudson P

Corpn.

103.

61

00.

24

Borden Co.

151

15-

N. America Aviation

91

$12

(Prices below in Phil. Currency)

Borg-Warner

191

19

North America Co.. 10)

Briggs Mfacturing.. 18

173

Northern Paclic

71

Public Utilities

Transm

$10.55

Antamoks Ps., 43

Brooklyn-Manhattan

Pacific Gas & Elec

268,

Atoks, .27

Trans...

81

81

Pacific Lighting - 371"

331

Benguet Consol. 10.10

Brooklyn-Manhattan

Packard Motors

31

$21.80

823 82180

Coco Grove. .471

SG cum. pt.

261

26

Paramount Pictures

51"

San Mauricio. 47)

Case. J.J

76

751*

Paramount ist. pf. 71%

..

thewa

Charter Lights

pio.ne

Canadian Pacific

51

51

Pennsylvania R.R....

14

સમ

objak faglas Then j

$7.80

Celanese Corpn.

12

12

Phillips Petroleum.- 321

AN. NEERS.

#56)

Cerro de Fasco .......

341

342

Public Service of NJ,

263

4.

Dandakan Lagiate.

$272

Polegibunes (olavi

$10

24/6, 1:tions .........

Industrials

Triples dues po

-801

22.6

THE EXCHANGE

MARKET

Chesapeake Corpn.... 201

291

Pure Oil

9

Chesapeake & Ohio 221

22

Triations iret.)

$14

Cable, Marged 18.

$14

aki, Maeg. (Prafas.

FAY

$1,70

to her

18 Cementy

8470 Ropes

8180 $15.85

34

Consolidated

86

36

China Pruv, juld)....

$.80

5.90/90

$5,80

85.90

!

Miscellaneous

$31

$24

B01

Ch. E'tamment

#1)

:

$2

..

18.50

$50

10/6

Parik

Geneva

Berlin

Athens

Milan

(British Wireless Sarvis)

June 18

178-26/32

21.643 12.30!

12.30

94-7,16

94-7/16

Copenhagen

Stockholm

Chipa Pravi (new)

Dury Farins

Constructions (old)....

Constructions (newį.

$8.70 Lane Crawfords.

Sanyang Tebareo-"

$2,20 |Sinevras

$

Watsons........

[{#2}*}, } Ch.6.541925G.SB3ds,

pak. Gen. 4% Loans

(JUK, Gor), 34% Loans $109

HK. Wag Un........

9'hai Wing On ..

Vibro Ping

Marsaab lav (Lon}

13/11 Mustaps Tav. (H.K.)

70 cts W. Powells

LONDON EXCHANGE RATES

June 18

173-23/64

21.641

70 cta

STERLING

- No business was reported. There were sellers at 1/2 15/16 Jane- August and 1/2 29/32 September, October, buyers at 1/2 31/32 Cash August, and 1/2 15/16 Bep tember-October.

U.S. DOLLARS

There were sellers at 30 15/16 June-July and 30 7/8 August- September. buyers at 31 Cash-July and 30 15/16 September-October.

SHANGHAI DOLLARS

Nominal

Nominal.

Eagle Picher Lead Electric Boat

Elec. Bond & Share Elec. Bond & Share »

$5 pt.

MESSRS. ROZA BROS.

Silver prices dropped 1/16 yes-

for both deliveries, the terday

18 quotations being 11/18 for! Ready and 18 3/8 for Forward. Silver advices, reported speculators A small business as having sold. was done. The market was steady. American Silver was quoted at 42

31

$8.30

$3

1/8

644% $106

MARKET

Dull

+

353

15

$8.40 3/4 for Spot..

The London-New York crOBS- rate was quoted at 497,06 New Tork-London was quoted at 407.

411 Chrysler Corpn. ...... Columbia Gas & El. 5 Columbia 6% "A" pf. 601 Commercial Credit... 30 Commercial Solvents "Commonwealth & S Commonwealth & 8. 6% cum pf. ......... Consolidated Edison 24 Consolidated O Continental Can Continental Ofl: ...... (271 Corn. Products

...... 641 Curtiss Wright (C.). 44 Cartiss Wright "A" "194 Delaware & Hudson

411 6 GD *

Radio Corpn. of Am. Republic Steel

5t

121 12].

..

Reynold Tobae. "B" 37 achenley

141

30

Schenley 54% pl. ...

61

7

..7%

Sears Roebuck

56

11

Shell Union Oll

121

Socony-Vacuum O

13

37

371.

Southern Cal Edison 11"

24

Southern Pacific

"101

81

381

387*

271

844*

41

Scuthern Rly (com) Southern Rly $5 pfd. Standard Brands .... Stand Gas & Elec. Stand Gas & Elec.

101

74

34

101

$7 pi.

.176

8+

81

Standard Oll of N.J. 46)

Del. Lackawanna &

Sterling Products

614

Western

41

Studebaker Согра

4

Deere Co.

151

15+

Swift International

241"

Distillers Corpn. Sea-

Technicolor

221

grams Douglas Aircraft Du Pont

13

12

Texas Corpn. ......

374

+7

431

434

Texas Gulf Sulphur 311

961 981

73*

77 74 71* 62

63

Tidewater Assoc. 011 Transamerica (new) 20th Cent. Fox, Films 21

do Flims pf.

12

61

201*

...

Union Carbide

42 *".

42

Carbon

651

Elec. Bond & Share

Union Pacific

514

$6 pf. Elec Power & Light Elec. Power & Light

$7 pí. Platkot

484* 91

49

91

United Aircraft United Airlines Trans United Corpn.

251

T7

21

341

34*

United

14

141

$3 Corpn. cum. pf.

244

Freeport Bulphur- 241 Gen. America Trana Gen. Cigar

244*

SHANGHAI MARKET

Gen. Electric

37+ 383

22 221* 331 33

United Gas Corpri. 31 Un. Gas I'provem't 9 2 Un. Light & power

U.S. In'trial Alcohol 17

Gen. Foods

Shanghai

Bjd.

New York

Amsterdam

4.971 8.98

8-14. 4.97-1/16 8.95

IN THE AFTERNOON

The market in the afternoon continued very dull

Gen. Motors

29 291

29+

U.S. Rubber-

262

281

US. Rubber på

631

Gen Railway Signal 141*

141*

U.S. Smelting

58.

Glidden Co.

161

181*

UB. Steel

41+

Vienna

Godchaux

Buger

Prague

Helingfors

142-11/10 2201

142-5/8

Bucharest'

Hong Kong

Bombay

1825/32/1

Montreal

·5.021

Brussels

29.201

Yokohama

Sellers

Buenosaires Monte Vidéo Rio....

Silver (Forward)

Silver (Spot) War Load

18.98)

20

20

18-3/8 18-11/16

18-7/18

18-13/16

31% 1014

Closing Quotations

Credits, 4 months' night 1/3.3/12

ON NEW YORK:-

5.01-9/10 29.231

Bank Bille, on demand 30-11/18 Credits, 60 days' sight | 31-3/18

55-5/15

Baat Bills, on demand 1,095 Credits, 4 months, sight | 1,180

STERLING

The market closed with sellers at 1/2 18/16 June-August and 1/2 29/32 September-October, buyers at 1/2 15/16 June-August and 1/2 15/16 September-October.

U.S. DOLLARS

The market closed with sellers at 30. 15/16 Juhe-July and 30 7/8 August-September, buyers at 31 Cash-July and 30 15/18 Septem- ber-October.

A.K. SHAREBROKERS ASSOCIATION

BUYERS

Providents (Old), $3,05, Providents (New), $2.95, HK. Docks (Old), $174. HK Docka (New). $164.- Hotels. $8.35. Trams, $162.-- China Lights (Old), $10.35. Electrica, $571. Cements,

$15.60

RALES H.K. Docks (Old), $172. HK. Docks (New): 16. Hotels, $8.35.

June 20, 1938.

ON LONDON:→→

Telegraphic Transfer...

/

ON BATAVIA:-

Bask Bills, on demand

17/2

On demand

ON PARIE:

ON SHANGHAI:-

On demand

16C

ON SAIGON:-

SINGAPORE

On demand....108

On demand'

ASA

ON MANILA pie

JAPAN:

On demand

018

ON BANGKOK :~.

On demand

On demand

1491

INDIA-

Sovereign Notes: 1-

Bank Buying Rate.....

1/2-1/89

China Lights (Old), $10.35.

93-5/16

Ban Rumar. TNT, "I

16-11/18

Star Ferries, $84. · ·

Telegraphie Tranter........

Class "A" Goodrich (BF.) Goodrich $5 pf....... Goodyear Tire & Co. 17 Great Northern Rly. 14 Great Western Sugar 25 Greyhound Corpn. 01 E- Hecker Products ...

PHILIPPINE MINING NEWS

EAN TONG PO,

Chief Manager.

QUEBEC'S MINERAL

· PRODUCTION

The mineral production of Quebec

TO ENCOURAGE · CHINA EXPORTS

Hankow, June 20,..

The Foreign Trade Bureau of

TAMBIS GOLD Dredging Com-Trenching is being continued to during 1937 valued at $65,043,000

to the is a record figure and shows an the Ministry of Economic Affairs pany, Inc. produced P10.388.00 from develop the structure 26.463 cubic yards Credged during southeast of the gloryhole, and the advance of 31 per cent over 1986 will establish an office to Hong May, according to a report from Mindoro wine was svanced 42.5 The 1938 value of $49,755,000 ke-Kong for the promotion of export Cebu.

feet making a total of 58.5 feet #ise constituted a record and trade.

compared with the previous peak] Special efforts will be made to below the collar.

push the sale of Ewangtung silk, Of $46,454,000 for 1829.

Metals accounted for 59 pertung of! and Keemun red tea

To encourage the export of raw cent of the total value in 1937

H Gasser, president and general manager, said that the dredge was. shut down for repairs from May 1 to and including May 11.

EAST MINDANAO Mining Com- pany, Inc. development and opera- Mion work, was carried on success- fully during May, H. Gasser, pre- sident and general manager in formed the stockholders from the report of F. W. Varney, mánager.

The president said that during the month under review a total of 866 feet of exploration work was Cone on the property. Exploration on the Kaintuck has opened another cut on the gloryhole;

Arrangements have been made to mill a certain tonnage of Mapaso ore without, however, impairing the production of the company.

and recorded a gain of 26 per cent materials and certain finished products," export tarifs will be

The Mindoro winze, the report over the previous year. further stated, will be completed Non-metallics "accounted for 27 greatly reduced-(International). to the 600 foot level in June and per cent with a gain of 39 per X-cutting started for the "P" block cent;

while building materials

of ore. The lighter and launch have formed 14 per cent of the total $30.830,000 in 1958. Of the total been given general repairs and and showed an increase of 38.6-metal production gold accounted

per

for $24,913,000 last year. The out- painted.

er centre of the production of put in province us The Mindoro development pro- duced 240 tons valued at P1971.27, metals in Quebec last year, ac712,004 fine ounces. and the tmillón production for the cording to a report led by the Queben is the second largest month amounted to P45,836,06 pro- provincial Bureau of Mines, was producer of gold among the pro- duced from 3008 tons of ore.

$38,655,100-ps" compared with vincer of Canada.

Vanadium

14,

Warner Bros. Pict.

41

121

115

37 *

32

171

Westinghouse. Elec. 741* Woodward Iron Cor. 11 Youngstown. Sheet

141* 251 9+ 61*

& Tube

281

Chase National Bt. 28 +

National City Bank 231*

Call Money

1%

བྷིཡྻཱཝི ཀྐོ། ཙོཀྐོཝནྟཾ དྷམྨོཝསྶ སཱནཱདྷིཊྛཝནཱཝཱ, བྷཝཾཝབྷཱཝནྡྷབྲཱནྡྷནྲྀནཨནྟཊྛགྲོ བྷཏྟཾ བྷིཛཱཝཙཱ ཏི ཏངྒཙྩvžཧྰུྃཨྰཿ#guཊྛིནྟཾ Bae ཨཱཊཚཝདྷནྡྷནྣཨཱཝིཛྫོ བྷོབྷོབྷིནྟཱི

קס 05,

Last Bale

June 17 18

6QI

11

111

411

601*

31 +

TUESDAY, JUNE 21, 1938.

BANKS

HONG KONG, AND SHANGHAI THE CHARTERED BANK OF INDIA

BANKING CORPORATION

* AUSTRALIA AND CHINA nearparatul by Royal Chastar, 1855

HRAD, OFFICE: ·LONDON: 38. Hishopsgate E.G.2.

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

.$90,000,000

Bead Office:-HONG KONG

Board of Directors.

Chairman.

Hon. Mr. J. J. Paterson,

Reserve Fund......... Reserve. Liability of Pra- prietors

*****-* £3,000,000

£3.000.00

MANCHESTER BRANCH: 71. Mosley street. Manchester.

AGENCIES AND BRANCHES ·

ALOR STAR

Deputy ChairmaĦAUXITSAR

J. K. Bousfield, Esq., A. H. Compton, Esq.,

Hon. Mr. S. E. Dodwell,

M. T: Johnson, Esq.,

J. R. Masson, Esq.,

C. Miskin, Esq..

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

Acting Chief Manager:

·BANGKOK

RITAVIK

BOMBAY

CALCUTTA

CANTON

CAWNPORK CEBU COLOMBO

DELKI HAIPHONG HAMBURG

HANKOW

Branches: ipoh Jobore

HARDIN

Penang Rangoon

Saigon

Зва

BONG KONG PENAND ILOILO LPUB

KABAOHI KLANG

KOBS KUALA

BANGOON BALDON

BEREMBAN

SHANGHAI

SINGAPOR

SITIAWAN

NOURABAYA TAIPING TIENTSIN

LUMPUR 'KUCHING

MADRAN MANILA

TONGKAK

MEDAN

NEW YORK

TRIKOTAQ

YOKOHAMA

(Bhuket)

$50,000,000

151* -

Haiphong Muar Hamburg (Johore)

Mukden New York Peiping

PORATION, rained on application.

Hong Kong. 2nd May, 1938.

Amoy Bangkok Batavia Bombay Calcutta L'anton

Chotoo Colombo

PELPING

(Peking) ZAMBOANGA

FORCION EXCHANGE and General Banking Business transacted.

Kebe Kowloon

CURRENT ACCOUNT opened and Kuala Francisco FIXED DEPOSITS received for One

Lumpur Shanghai

Year or shorter periods at rates London Singapore which will be quoted on applica Lyons

Sourabaya tion. Dairen Malacca Sungei Manila

Patani Swatow. Tientsin Tokyo Tsingtao Yokohama

Fichow

Hankow Harhiu Hongke Iloilo

Current Accounts opened in Local Currency and, Fixed Deposits received for one year or shorter perioda in Local and other Cur- rencies on terms which will be quoted on application.

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 nud Branches.

D. J. GILMORE,

Aeting Manager..

Also up to date Safe Deposit| 15, QUEEN'S ROAD CENTRAL Boxes in various sizes To Let Hong Kong, 2nd May, 1938.

HONG KONG SAVINGS BANK

The Business of the above Bank

is conducted by the HONG KONG An American Bank offering com-

SHANGHAI BANKING COR-

Rules may be ob

For the HONG KONG & SHANGHAI BANKING CORPORATION. D. C. Edmondston,

Acting Chief Manager.

BANK OF EAST ASIA, LIMITED.

plete Foreign Banking Service

in the principal Markets of the world.

Interest Rates on Application.

BAFE DEPOSIT BOXES

This Bank is entirely owned by Tuz CHASE NATIONAL BANI, NEW YORK, with Resources over U.S. $2,300,000,000.

D. M. BIGGAR,

Manager.

THE CHASE BANK

HEAD OFFICE:

18. PINE STREET,

NEW YORK.

31.

Authorised Capital ...$10,000,000:00 | Paid-up Capital ......... 5,598,000.00 | Reserve and Undivided

Profita

2,776,720,70

201*

Kán Tong Yo, Esq., Chief Manager, Ei Tae Fong, Esq., Manager.

Branches and Agencies 5---

Amoy

Kalcon Penang

Exlaris

Bombay

Caloocta

LanAre Manila Melbourne

Bangoce

Balgon

Bourabaya Swałow Bydary

Danden

Ben Frus

Cabos

Daikoku Tiantia

Haiphong

Hankow

Koocials

Kobe

Priping Singapore

Loans

and Exchange business transacted.

granted On

Head Office:HONG KONG

No. 10, Des Voeux Road, Central.

- Board of Directors :-

Bir Shonson Chow, Chairman. Li Koon Chun, Esq. Li Lan Sang, Faq PE. Kwok, Esq. WongChuSon, Esq. Wong YunTong,aq. Kan Ting Pu. Chan Ching Shek, Fang Ping Wah, Esq.

Esq

Nagmaki New York Bentle Tokyo

STAR

VSDOORVAT Pr

Bhanchal Tokohama

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 ÖHINA) 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 an Exchange.

Head Office: SHANGHAI Hongkong Branch:

4. QUEEN'S BOAD, C.

South China Offices:

KONGMOON

securities.

Carrency and Fixed Deposits re

ceived for

оде

rencies on terms which will be

quoted on application.

Every description of Banking

CANTON

TOISHAN approved 3WATOW

SHIUCHOW KINGCHOW Current Accounts opened in Local

We also handle the imga of Bonde year or

shorter and other Public Funds of the periods in Local and Foreign Our Chinese Government both at Home

and Abroad,

Safe Deposit Boxes To Let.

SHOU J. CHEN

Manager.

281*

: ex div.

⚫ bid.

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