1938-06-23 — Page 12

$1.480

£11

£29

£14

心が

#86

T

$2

#:

1940

Canton insurances..........

1311

$21

#250 $600

32

:

H.K. Banks, $1440.

"

Shipping

585

Dougatsen val

323

140

524

PAGE 12-HONG KONG DAILY PRESS

DAILY SHARE QUOTATIONS Hong Kong Stock Exchange

Sharebrokers' Association

thly re Kaklaro Sales Nomial

WEDNESDAY. JUNE 22.

Layer Solter

Nominal

$1440

£87 Ent

EAS

13

190

Banks

4.K. Banks

Uu. (London) Chartered Banks

Mercantile kя. “A”

Mercantile Bike. "C"

Bank of East Asia .......

N. . & S. Banke

Insurances

L'nion usaZENE DE ...........

L'ąderwritera ..............

1929 (1.K. Fires "...

*

H. K. STOCK

LI

EXCHANGE

YESTERDAY'S

OFFICIAL

QUOTATIONS

The market opened with a frm- et tone together with a general

lower enquiry for the

priced stocks. Hotels were traded in at

New Providents at $3.35, Į $6.45 Cements at $16; Electrics E $501/ 80. Old Providents continued in demand at $3.45, H.K. Banks al $1440 and Trams at $17,

FINANCË

NEW YORK STOCK EXCHANGE

(Through Bauter's Service)

Change

QUOTATIONS

New York: June 21.

New York Boston-July, New York Rubber-July, Chicago Wheat Chicago Vorn

8.83

12.93

Today's High Low Close

Close 8.65 8.52 8.81 13.79

"Laat

.09 up

12,85 b 1287

.9 up

July...

70

77

79

TI

tt att

-July.

371

671

677

1/4 off.

Winnipeg Wheat -July,

1103

108)

1987 ~ 1091

1/4 sp

THURSDAY, JUNE 23, 1938.

BANKS

HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA

BANKING CORPORATION

Authorised Capital

-------$50,000,000

Issued & Fully Paid-Up 820,000,000 | Reserve Funds: ---

Sterling

£6,500,000

H.K: Currency Reserve $10,000,000|| Reserve Liability of

Proprietors

AUSTRALIA AND CHINA Incorporated by Royal Charter 1853

HEAD OFFICE: LONDON:

38. Bishopsgate E.C.2.

Paid-up Cupitai

.890,000,000

| Reserve Fund

Head Office:HONG KONG

יו

... £3.000.000 £3.000.000

1918

BUYERS

High Low Dow Jones Average 134,95 98,95 30 Industrials

$3.77 19.00 20

Balle 28.90 14.14 20

June 20. High Low Close Chang

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

118.51

122,36 118.01. 191.34

73 up

20.70

21.68 21.03 91,51

.81 up

Hou. Mr. J. J. Paterson,

Utilitie

*4.34

19.84 19.35 19.80

.24 ap

H.K. & K. Wharves. $120).

3.Tv. 81.39 40 64.99 45.03 11

Bonds

$4.49

84.84

.34 Up

Deputy ChairmaĦAMNITSAR

or.div.

14/0

Ka

Fut

Hauby

.:

120 $340

$3.34

$171

---

$17

$121

$3,45 316/25

Starabonts

·lada-Chiuus (Pref.)....

Indo-Chinus (Def.)

88/104 | Shells........

$8.90 Waterboats

Mining

Venezuela Gold Fida.

9jeta Hong Kong Mines.......

Docks, Wharves,

H.K. & K. Wharves...

$75

*22)

$21

88/10)

$8,90

$14/

XU

+6#

:

:

Godowns, etc.

$24

HK. Docks (Old), $173. H.K. Docks (New), $17. Providents (Old), $3.40 Providents (New), #3:30,

H. & S. Hotels, $6.35. H.K. Lands, 332

H.K. Lands 49. Deh. $102. Humphreys. $82.

EK. Realties, $5, H.K. Tramways, $16.95. Peak Trams (Old), $6). "

Commodity Index 43.29

48.34

.05 up

J. K. Bousfeld, Esq.,

Business Done:-1,480,000 shares.

.. A. H. Compton, Esq.,

Chairman.

| Reserve Lability of Pro-

prietors....

£1.800.00

MANCHESTER BRANCH: 71. Mosley Street, Manchester.

AGENCIES AND BRANCHES + ALANE STAR HONG KONG PENANG ILOILO

BANGKOK

BATAVIA

BANGOON

SAIGON

BEREMBAN

Hon. Mr. S. H. Dodwell,

BOMBAY

STOCKS

Last Sale'

M... T. Johnson, Esq.,

STOCKS

Last Sale

Venz. Goldfields. $1

June 20 21

June 20 21

J. R» Masson, Esq.,

G. Miskin, Esq.,

Adams Express

9

9j

Humble Ou

84

bi.

K. 8. Morrison, Esq.,

4

Alleghany Steel Co. 14) Allis Chalmers ........ Amer. Con Amer. Cynamid "B" 18 Amer. & For. Power 131

181

Int. Nickel

442

451

423

431

Int. Tel & Tel...... 91

01

Hon. Mr. A. L Shields, D. C. Edmondston, Esq.,

CALCUTTA CANTON CAWNPORE Can COLOMBO

KABLOU KLANO

КОВЕ XUALA

"BHANGHAI

SINGAPOR

SITJAWAN

LUMPUR KUCHING

NOURABAYA

TAIPINO

MADEIA

TIENTMIN

MANILA

TONGKAR

00

961

Int. Dept. Stores... 9

91

"

Acting Chief Manager

MEDA

(Bhuket)

ક્ -13)

Kennecott Copper...

321

331

SAMBUNG

NEW YORK

THINGTAO

Lambert Corpn.

1111*

HANKOW

Branches:

Amer. & For. $7 pt. 18-

1.9

Libbey-Owens- Ford

Amoy

Ipoh

Penang.

$19

Providents (old $4.35

China Lights (Old), $10.40, AK. Electrics, $59.

Amer. Locomotive... 151

17

Glass

303 .. 321

Bangkek

Johore:

Rangoot

Amer. Metals

301

321

Lockheed Aircraft

12" 124

Batavia

Kobe

Saigon

19.25

$3,35

Providauts (new)}...................

$3,35

#.37

$10

(**).......

S108 Shanghai Docks S..... 83.90 New Engineerings S.

Lands, Hotels, and Buildings

I.K. Hotels

.K. Landa...... S. Do 4% Debentures

Shanghai, Lands S.

H.E. & W. Dock.....

Du

F18

$17

$108

Macao Electrics, $18.

Cements, $16.

Dairy Farms, $221.

Amer. Radiator

li

12:

Loew's Inc.

43}

15

Bombay

Kowlawus

Ban

Amer. Rolling Mill

161

17

Lorillard

163

161

Calcutta

Kusio

Amer. Smelting

383

591

McKesson & Robbins

Canton

Lumpur

Shangbai

Chefoo

London

Singapore

$4

Watsons. $6.

Amer. Bugar R′ing ... | 213

221

pr.

28

29

Colombo

Lyons

Sourabaya

Amer. Tel & Tel

Entertainments, $8.40.

... 132

133

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

231

23

Dairen

Malacca

Sungei

$6.40 $34

$101

Consol. China Prov. (Old), $8.84 Consal, China Prov. (New), $6.80.

SALES

Amer. Tobacco "E" 13

70

Amer. Waterworks...

91

Monsanto Chemical 80 Montgomery Ward..... 34)

33

Foochow

Manila

Pataui

341

Haiphong Muar

Swatow,

||| 10) Benities

198

Chinese Natatan

$5.15

ar

Humphreys

Cotton Mills

$14.9) Exos (S.) .....

$14,70

*175*

S'hai Cottons (S.)

$12

Zong Sings (S.) ***** Wing on Textilea (S.)

..

$704

H.K. & K. Wharves, $121. Providents (Old), $3.45. Providents (New), $3.15/25. H.K. Tramways, $18.90/17. China. Lights (Old), $104. H.K. Electrics. 559.

Anaconda Copper Atchison, T. & 8. F6, 201 Atlas Corpn. .....

26.1

27

Nät. Bond Invest-

Hamburg (Jabore)

Tientsin

28

ment

12 *

12

Hankow

Mukden

Tokyo

82

7.

Nat Cash Register 161

171

Harbin

New York

Auburn Motors ......

21 P

21

Nat. Dairy Products · 14

131

Hongkow

Peiping

Tsingtao Yokohama

Iloilo

Baltimore & Ohio...

8 more & Ohio Pid.

41 в

51

Nat Distillers........ 101

191

61

Nat. Power & Light 61

61

Current

Francisco

Accounts opened In

HARBIN

PRIPING

(Peking) ZAMBOANÁLÁ

Forman Exchange and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSyma recsivad for One Year or shorter periods at rates which will be quoted on applica- tion.

The Bank's

Office in London undertakes Executor and Trustee business, and claims_re-

British covery of

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

YOKOHAMA

Head

DJ, GILMORE.

Acting Manager.

Barber & Co. ·........ 17i

171

Nat. Supply Corpn. 16

171

Barnsdall Ou......... 14

141

New York Centrul

121

121

Local Currency and Fixed Deposits received for one year or shorter

$24

Mucão Electrics. $18.20.

Bethlehem Steel .... 42

491

Niagara Hudson P

periods in Local and other Cur-

$12

Dairy Farms, $23.

Boeing Airplane Co. 247

241

Corpn.

7

rencies on terms which will be

Public Utilities

$16.90 $01

18,80/1 7

$10.9

Watsons, $8.

Borden Cu

15+

154

N. America Aviation

91

91

quoted on application.

$16.90

45

Traatwass

| Peak Trams (old)...... $34. Desk Trams (new).

3 mali Ferries C.R.$

Consol. China Prov. (Old), $6.90,

Borg-Wamer

201

211

North America Co.

19;

201

THE CHASE BANK

Also up to date Safe Deposit| 15, QUEEN'S BOAD CENTRAL

531

Consol. Ch. Prov. (New). $6.30/50 ggs M'facturing '18]

20

Northern Pacific"

-31

8:

Boxes in various sizes To" Let.

584

Brooklyn-Manhattan

Pacific Gas & Elec

27

27/

Hong Kong, 2nd May, 1938.

Star Ferrina....

$23

(Prices below in Phil Currency)

Trans.......

81"

B

Pacific Lighting

38

381-

$21.8

8218)

ik

(new)

Antamoks Ps.. 421

Brooklyn Manhattan

Packard Mctors.....

34

31

HONG KONG SAVINGS BANK

$10.40

110

lame Lights (ald).

$10.40

$1045)

HEAD OFFICE:

18. PINE STRIT,

NEW YORK.

360

In Lights (new). K. Electric4"

37.80

Atoks. 27

$5 cm. pf.

261

251

Paramount Pictures

74

[B]

#57)

Baguio Gold. 211

Case, J.I.

713

73

Paramount ist. pt. 74

781

BIR

| $18.20

TH

$27

"Macao Electrics......

Sandakan Laghis de

Telephones fold). Trieplate* [new]...

24/8 Tactills .......

Tructions (pref.)

Industrials

Mang (Ord.) S.

327

Demonstrations. 20

$91

Benguet Consol., 10.00

Coco Grove. 46

I.X.L....70

Canadian Pacific

53

51

Pennsylvania RR. ..... . 15

181

Celanese Corpa. ..... 13

141

Philips Petroleum. 341

351

Cerro de Pasco.

361

371

Public Service of N.J.

281.

281

Chesapeake Corpn... 31

31

Pure Cl

101

101

22.0

$16

:

$5,80

$8.60-

*

129)

$0.10

::

$8.30

6.30/30

$2.20 San res

84% 0.5% 19250. Bds.

61p

360 HK, Wing Oã.

Simu Wing On 4

Vibro Piling

11/3

Marsmans

v. (Loш)

SALT

70 sta

24.

314

Cakl,

£24

„Cald, Blueg. (Pe•f.) S. |

$1.70

$1.80

Canton lees

$16

Cements

$4,70 | Ropes

34

Consolidated

China Prov. (old)....

86.70

China Pruv, new)......

$160

Miscellaneous

$23

Dairy Farms.

$24

Ch. Etainments

$8.34)

#14

Constructiota (old)......

Constructione (now)........)

$8.70 Lane Crawfords.

$8.10

Nanyang Tobacco,

Watsons

ILK. Govt. 4%, Loans

San Mauricio. 45 United Paracales. 31

Chesapeake & Ohio 24

241

Radio Corpri. of Am.

51

6

Chrysler Corpn....... 451

461.

Republic Steel

14

15

Columbia Gas & E. 61

B

Reynold Tobac. "" 371

391

10%

|pm|| H/K. Govt. 51% Loan | $3024.

562

30

35

Marsmans Lux, (HK

W: Powells,

LONDON EXCHANGE RATES

(British: Wireless Service)

+

170 cta

MARKET.

Faris

Oeceva

Bertin Athens

Milan *...

Copenhagen Stockholm Shanghai

New York Amsterdam

Vienna

Prague Helsingfors

21.641 12.30

94-7/16

June 18 178-23/64

June 20 177 15/18 21.631 12.301

94 7/15

"Bucharest

8-14. 4.97-1/16 8.96

4.96 9/16 3.957

142-5/8 2281

1421

· 0721

THE EXCHANGE MARKET

MESSRS. ROZA BROS.

Silver prices rose 1/2 yesterday both deliveries, the quotations be- ing 18 15/6 for Ready and 18 5/8 for Forward. Silver advices re- ported some bear covering. The market was steady. Later Ameri can Trade bought to a small ex- tent at the rate for forward de livery. American Silver was quot ed at 42 3/4 for Spot.

The London-New York cross- rate was quoted at 495.36. · New.

Continental Oil..... 291 Corn. Products ...... 657 Curtiss Wright (C.), 4} Cartiss Wright "A" 20 Delaware & Hudson Del. Lackawanna &

Western Deere Co. Distillers Corpn. Bea-

York-London was quoted at 485 Eagle Picher Lead 81 3/8.

The market was very duß.

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 15/16 September-October.

U.S. DOLLARS

Sellers at 30 7/8 Jane and 30 13/16" July-August, buyers at 33

30 15/16 Cash-July and August-September.

SHANGRAY DOLLARS Sellers at 166 Nominal.

Columbia ""A" pt. 61 Commercial Credit. 31)

62

Schenley

154

153

32

Schenley 54% pf.

63

03

Hong Kong. 2nd May, "1938.

Commercial Solvents 71

В

Sears Roebuck.....

60

60

Commonwealth S.

11

14

Shell Union Oil ....

131

141

BANK OF EAST ASIA.

Commonwealth & 8.

Socony-Vacuum Oli

14

141

LIMITED.

6% cum pf........ 391

46

Southern Cal Edison 217

22

Consolidated Edison 25

251

Southern Pacific

111

12

Authorised Capital ....$10,000,000.00

Consolidated On

+9

.91

Southern Rly (com)

71

74

Paid-up Capital ...

3,588,600.00

Continental Can

401

401

Southern Rly $5 ptd.

114

121

Reserva and Undivided

291

Standard Branda......

71

71

Profits

2,776,238.76

ᎦᎥ

Stand Gas de Mec,

33

31

4

Stand Gas & Elec.

.19

→ $7 pf.

101

20

94

99

Standard On ot N.J. 48

491

Sterling Products

621

65

51

51

Studebaker Corpn.

#

42

171

173

Swift Internations. 251

251

Technicolor.

231

231

grams

Douglas Aircraft Du Pont

121

121

Texas Corpn.

40

401

46

45

Texas Gulf Sulphur 311

311

1011

1038

Tidewater Assoc. O| 13

131

9

Transamerica (new) 91

DI

Electric Boat

7

81

20th Cent. Fox, Film

21%

221

Elec. Brud & Share

78

B

40. Films pi.....

30

30

Elec. Bond & Share

Union

Carbide

&

i

Amoy

$5 f.

47

49

Carbon

684

69.

Batavia

London

Elec. Bond & Share

Qalon Pacific

651 87

Bombay

Maalla

Baggoon

Bigon

Bwaləm Rydały

Calcutta

Malbogens de Pran-

Talbert

$6 pf. Ben. Power & Light 10 Elec. Power & Light

$7 .pf. Flintkote Freeport Sulphur Gen, America Tram Gen. Cigar

51

53

United Aircraft

261

201

Cantua"

stron

Tankla

Halpheor

Sew Tot

destie

101

United Airlines Trans 81

8)

Baskon

maka

Висалг

Tokys Your

United Corpn.

21

27

Honoluli Park

Bangkai

Takākum

Kobe..

37

381

United Corpn. +3

15A

151

cum. pt.

257

271.

25

251

United Gas Corpn. 31

31

381.

40

Un. Gas Tprovem't

91

91

23 *

23

Un. Light & DOWET

21

21

Gen. Electric

36

361

UB. In'trial Afcphe! 172

181

од

approved BWATOW ·

Current Accounts opened in Local Currency and Fixed Deposits re

Gen. Foods

291

30

U.S. Rubber

29

291

7/B

Gen. Motors

31

321

US. Rubber pf.

661

67+

Gen. Rallway Signal 152

17

US. Smelting........

61) 601

The Business of the above Bank

plete Foreign Banking Service

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

SHANGHAI BANKING COR- PORATION. Rules may be ob

ained on application.

For the HONG KONG & Shanghal

BANKING CORPORATION...

D. C. Edmondston,

Acting Chief Maniger.

Head Office:-HONG KONG

No. 10; Des Voeux Road, Central.

Board of Directors :---

Sir Shouson Chow, Chairman Li Koan Chun, Esq. Li Lan Sang, Esq. P. K. Kwok, Esq. WongChnson, Esq. Wong YouTong, Esq. Kan Ying Po. Esq Chan Ching Shel. Fung Ping Wah, Esq.

Esq

Kan Tong Po, Esq, Chief Manager. Li Tse Foug, Esq., Manager.

Branches and Agencies -

Kowtooa Finang.

Pelping Engsport

Bouribay's

Every description of Banking |

the world.

in the principal Markets of Interest Rates on Application.

SAFE DEPOSIT BOXES

This Bank is entirely owned by TEL CHASE NATIONAL BANK, New Youx, with Resources over 1.5. $2,500,000.000.

D. M. BIGGAR,

Hanaper.

BANK OF CHINA

Specially Chartered by

THE NATIONAL GOVERNMENT,

OF OHINA AS AN INTERNATIONAL EXCHANGE

#

BANK

PAID-UP CAPITAL...$40,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerous Branchem in China and connections in the Principal. Commercial Centres of the World, we sis able to extend to our Clients' special facilities for Domestic and Foreign Banking an. Exchsags.

Head Officer SHANGHAI

Hongkong Branch:

+

4. QUEEN'S ROAD, 0.

South China Officer:

and Exchange business transacted CANTON Loans granted securities.

KUNGMOON TOISHAN

SHIUCHOW KINGCHOW

We also handle the issue of Bonde

ceived for one" year__"af","shorter and cther Public Furids, of the periods in Local and Foreign Cur Chinese Government both at Home roncies' on terms which will be

Glidden Co.

172

181

U.S. Steel

451 401

quoted on application.

Godchaux

Bugar

Vanadium

151

101

Safe Deposit Boxes To Let

Class "A"

Warner Bros. Pict....

43

5

KAN TONG PO,

Hong Kong

Goodrich (B.F.)

13+

132

Westinghouse

Elec,

801

Chief Marger.

and Abroad.

SHOU J. CHEN

Manager.

801

Bombay

Montreal

Brussels

Yokohama

SHANGHAI MARKET

Goodrich $5 pt.

35

381

Woodward Iron Cor.

134

-140

5.01-9/18 29.233

5.001 29.201

Nominal."

Goodyear Tire & Co. 181

101

Sellers

Buenosaires

Monte Video

Rio ......

dülver (Forward)

Silver (SpoŁY

War Loan

18.081

1900

Great Northern Rly, 153 Great Western Sugar 281* Greyhound Corpa Hecker Producta'

20

204

18

18 3/16

ON LONDON:-

18-3/8

18-11/16 31% 1017.

Closing Quotations

June 28, 1938.

Telegraphic Trauator... LUA Bank Bills, on demand, 7/31 Credits, 4 months' pight 1/3.1/29

ON SHANGHAL

On demand

Om Singapore:......... .

*On demand

33% 101 13/18

UN NEW YORK:—

Bank Bills, on demand 301

days light.

OR BATAVIA!--

SEVERE METHODS

TO SUPPRESS JEWISH TRADING

Berlin, June 22. Dr. Joseph Goebbels, Minister of Propaganda, announced last pight that severe methods would short- be adopted to suppress all Jewish businesses in Germany, (Reuter),

REICHSMARK QUOTATIONS

Berlin, June 23, The Reichamark was quoted, without quarantee, at:

On demand

05-5/18

ON PARIS:

Bank Hills, on demand

1,095

Credits, 4 months' fight

1,180

ON SALGON:-

On demand

108)

ON MANILA-

New York, 40.40.

On demand

.81+

Paris, 1447...

Amsterdam.

On demand

149%

London, 12.302. ⠀

Sovereign Notem

Bank Buying Rat

1/2-1/84 18-18/20

ON JAPAN:-

On demand

Telegraphie Transfora

Baak, op densAL

ON BANGZOE:-***

72.80 to 72.85.

Paris Aterling, 171.90 to 177.95. Paris US Dollars, 3585 to 35.83. -(Transocean)

}

PHILIPPINE MINING NEWS

M

MINE FACTORS, INC. minted of the firm report. It was report- 1.800 tons of manganese ore during ed that three important veins in

during the being developed. May.

AMALGAMATED MINERALS is The Alas vein, Bylo and Baca loading around 2,100 tons of man- veins are reported to be getting ganese and copper bres at southern wider and wider an the work ad- ports on the Susans..

vanced MINDANAO MOTHER Lode The mine superintendent sug- Mines, Inc reports that 4,759 jours gested to the management that of ore were milled during May from with an expenditure of about FB.- which P14,231.16 in gold and silver 000 a month, ore blocking can be was produced. CAT annen started, and in six months, ore,

MAMBULAO CENTRAL Mining worth 400,000 can be blocked out. Company, Inc. is doing intensive The estimate is based on an aver- development work on the Catbatbal age value of P10 per ton and an group with good results; ómdals | Average width of three feet.

REORGANISATION

IN HUPEH

ASBESTOS

The most important of the non- metallic minerals produced in The Central authorities, moving Quebec is asbestos, of which this to meet the emergency arising province is one of the leading from the imminent extension of world producen A new record hostilities into Hapeh province, for the production of this mineral. have completely reorganized the in Quebec was set up last year at Hupeh Provincial Government, 410,028 tons valued at $14,805,700. says a dispatch to the Morning In 1920, when prices were excep- Leader.

Lonally high, the value of asbestos Apart from appointing the Vice-produced in Quebec was $14,749,000 - Minister of War and concurrently but the volume for that year was Garrison

of. Commander. the only 179,891 tons. Asbestos, pro- Wuban cities. General Chen Cheng, duction in Quebec in 1936 waa to the chairmanıhip of the ad-301,287 tons valued at $9,953,000. ministration in succession to Gen- eral Ho Cheng-chun, the Central Government is reported to have designated Mesars, Yen Li-san, Hsu Fu, Shin Ying and Tao Hi- sheng as Commialeners of Civil Affairs, Finance, Reconstructi and Education, respectively.

According to the same, report. - Mr. Liu Keb-shu, will serve as Becretary-General of the re- organized provincial government.

A Job?

Consult

WANT ADS

Youngstown

Sheet

77

& Tube

32

34

26+

Chase National BK 291* 291*

91

87

7

National City Bank - 244* Call Money

241*

1 ex. div.

10% -

1%

• bid.