$1,800-
$500
!!!
2131 Marcantile Eks. “C**
翅
Bank of East Azim ...
N. C. & S. Banks ............. Insurances--`
$240 Canton Insurances.....................
$2
Union Insurancée................
Undorwriters
3910 A.K. Fires
£12 £28 £131 $96
PAGE 12-HONG KONG DAILY PRESS
DAILY SHARE QUOTATIONS Hong Kong Stock Exchange
Sharebrokers? Association
ellors Sales Nominal
MONDAY. JULY 18,
Bankı
£0
Do. (London)'iriman:
"EIS
Chartered Banks ....
28.
Mercantile Eks. “A”
$1,500| H.K. Banka .********
Buyers Baller Balos Nocinal
FINANCE
THE EXCHANGE MARKET
NEW
YORK STOCK EXCHANGE
MESSRS. ROZA BROS.
The price for Ready Sliver drop ped 1/18 yesterday to 19 5/16.but the Forward rate was unchanged at 19 1/8. Silver advices reported India as having sold. The market idle. American quiet and Silver was quoted at 42 3/4 for Spot.
(Through Reater's Sarvico)
QUOTATIONS
1938
July 17, 1938.
1.13 ap
High Low Dow Jones, Avorages. July 16. High Low Close Chang 139.43 98.95 'so Industriais
130.14 137.69 138.56 3977 19.00 90 Raila v
#7.9 87.11 17.18" .05 op $1.97 16.14 90 Utilition
137:39
47.13
21.35
92.70 83.39 40 Bonds
$8,97.
The London-New
York Cross-
54.9% $5.03 11 Commodity Index 49.95
21.00 21.99 41.30 .00 ap 89.06 .09 up unquoted
Business Dons:-630,000 shares.
#3
B120
ཅས་
rate was quoted at 493. New York-London was quoted at 492. 13/16.
STOCKS
Last Sale
STOCKS
Last Sale
14
+
Dull.
10
Shipping
180
Douglases
#214 | Bloembuata
360
Indo-Chinas (Prof.)..........
$24
Indo-Chines (Dof.}..
A1/10 Bballs
Waterbosta
Mining
15/-
Kailans
Kauba
831
ទ
$3,49
$31
$19,60
134) $105
10*
8.6 1/56)
$116 Shanghai Docks 8. $3.90 New Engineerings 8.
Lands, Hotels, and Buildings
H.K. Hotel
H.K. Landa......8. Do. 4% Debentures
$8.40 Shanghai Lands B. H.K. Realtics
$
39.34 Humphrey@----«»
$100 Chinese Estates
Cotton MillTM
Sin,90 Ewas (9.)
887 B'bai Cottons (S.)
Zoong Sings (8.)....... Wing On Textiles (8)
Public Utilities
Tramways
Peak Trams (old)......
197
$42
$17.60
17.00/1...
$34.
Peak Trams (new)...............
$24
mati Ferris C.R.
le
$10.00
B
H
| Venezuela Gold Flds.
8 cta. Hong Kong Mino.....
Docks, WharTOR,
Godowns, elé
9147H.K. & K. Wharres...
$197
Providenta (old).........
$3.45
***
$3.35
$3,30
Providents (new)....................
321
H.K. W. Docks..."
Do (W)...
12:
DID
#117)
$4
$3
+
+14
$4.94
::.
⠀⠀
$341
-
$301/1
$6,85
$61
$6.60
$25
$6.35
$1.00
| Star Forrick ......ent
Do. (ROW)
China Lights (old)......
China Lights (new).....
H.K. Blectrics..........
$18,10) Electrics...
491
Sandakan Laghts
Telephones (old)..
Teleplumes (pew)......
26/3 Tractioàs ...............
28/3
$14
$14
Tractions (prel) .........***
Industrials
Cald., Macg. (Ord.)-8.
Cald., Macg. (Praf.) &
$1.70 Canton Ices.
$18) Cementa,
$4,60 Ropes
***
Consolidated
China Prov. (old)...................
China Prot. (new)......
MiscellaneoUR
Dairy Farms
Ch. E'tainment
Constructions (old).....) Constructions (new)..........
88.70 Lane Crawfords.........
Nanyang Tobacco.......
$3.20 Sincero ...........******
818
$75
$24 $42
$17.80
14.
178
$24
3t1
$500 $3
$75 390
#24 91/101
$0.55
$103
39.30
MARKET
STERLING
No business was reported. 'There were sellers at 1/3 31/32 July- September and 1/2.15/16 October- December, buyers at 1/3 Cush- September and 1/2 31/32 October- December.
U.S., DOLLARS Sellers at 30 3/4 July-August and 30 11/18 September-October. buyers at 30 13/16 Cash-Septem- ber and 30 3/4 October.
SHANGHAI DOLLARS Sellers at 166-1/2
Sterling
sellers 18.13/32.
IN THE AFTERNOON The market was quiet in the afternoon
STERLING
Ths market closed with sellers at 1/2 31/32 July-September.. and 1/2 15/16 October-December, buy- .ers at 1/3 Cash-September and
1/2 31/32 October-December.
U.S. DOLLARS
The market closed with sellers at 30 3/4 July-August and 30 11/18 September-October, buyers at 30 13/16 Cash-September and 30 3/4 October.
July 1 16
July 15 16
Authorised Capital $50,000,000 |
Adams Express Alleghany Steel Co. 18 Allis Chalmers... Amer. Can
11
117*
Loew's Inc.
521
53
18#
Martin, Glen L
253.
251
TUESDAY, JULY 19, 1938.
PAYNE & CO.
COMMODITY BROKERS STOCK EXCHANGE BUILDING
HONG KONG
BANKS
HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION
ام
AUSTRÁLIA AND CHINA Incorporated by Royal Charter, 1955
Issued & Fully Paid-Up 890,000,000 HEAD OFFICE: LONDON; Reserve Funds:-
48
431.
McKesson & Rob-
Sterling
£6,500,000
38, Bishopsgate E.0.2.
.991
994
bins, $3 pt.
33
34
H. K. Currenay Reserve $10,000,000 Reserve Liability of
Paid-up Capital.
Amer. & For... Power Amer. & For. $7 pl. 211
41
Monsanto Chemical 90
89
Proprietors...
$20,000,000
Reserve Fund
£3.000.000 £3.000.000
22
Montgomery Ward
i
447
Reserve Liability of Pro-
priaters
Amer, Locomotive ...
201
20%
Nat Dairy Products 15
15
Head Office:-HONG KONG
23.000.00
ון
Amer, Metals Amer. Radiator ...... Amer. Rolling Mill... 201 Amer. Smelting
351
35
Nat. Distillers.......
223
151
153
Nat Power & Light
74
Board of Directors.
201
Nat. Supply Corpn. 194
194
T. E. Pearce, Esq.,
481
482
New York Central... 18
183
Chairman.
Amer. Tel. & Tel
1417
M
SHANGHAI MARKET
sellers 8.61/54. U.S.S
Amer. Tobacco "B" 1794 Amer. Waterworks.... Anaconda Copper Atchison, T. & S. Fe. Baltimore & Ohlo .. Barnsdall ou
1412 792
N. America Aviation 101
104
Hon. Mr. J. J. Paterson,"
North America Co.
213
221
11
111
Northern Pacifc.
111
114
34
341
H
Pacific Gas & Elec
28}
28
361
37
Paplic Lighting
401
401.
J. K. Bousfield, Esq., A. H. Compton, Esq., Hon. Mr. S. H. Dodwell,
ΒΑΝΟΚΟΣ
"
MANCHESTER BRANCH: 71, Mosley Street, Manchester.
"AGENCIES AND BRANCHES. ALOR STAR HONG KONG PENANO Deputy Chairma». | AMRITSAR. ILOILO
EPOR
RANDOUN
18
LIGON
BATAVIA
BOMBAY
93
Packard Motors
5
51
M. T. Johnson, Esq.
201
201
Paramount Pictures 11A
121
J. R. Masson, Esq.,
Bethlehem Steel .... 587 Boeing Airplane Co. 283 Brooklyn-Manhattan
59
Pennsylvania R.R..... 201 21
G. Miskin, Esq.,
CALCUTTA
DANTON CAWNPORE
KARACHI KLANG
XORX
SKEEMBAN
BHANGHAI
BINGATURA
KUALA
BITIAWAN
LUMPUR
BOURABAYA
287
Phillips Petroleum...
427
43
K. S. Morrison, Esq.,
CBU.
KUCHING
TAIPING
Publle Service of N,J.
303
31
Hon. Mr. A. L. Shielda,
COLOMBO
KADRĄS
TIENTRIN
$8 cum. pf........ Case. JI
33 * 93
331
Pure Oll
12A
121
934
Radio Corpn. of Am.
7
71
Chesapeake & Ohle 303 Chrysler Corpn.
30
Republic Steel
191
191
Columbia Gas & El Columbia 8% "A" pf. 891
661 71
671
Schenley
19
191
Branches:
8
Schenley, 5% Did...
75 *
*75 *
Amoy
Ipol
691'
Sears Roebuck
681
681
Bangkok
Johore
Penang Rangoon
Batavia
Kobé
Commercial Credit. 43
44
Shell Union O
161
171
Bombay.
Kowloon
San
Consolidated Edison
281
281
Socony-Vacuum Oll
15
151
Calcutta
Kuala
ના
Consolidated Oil
101-
10+
Southern Pacifc
184
164
Canton...
Lumpur Shanghai
Corn. Products
861
661
Southern Rly $5 pfd.
17
13
Chefoo
Loudon
Curtiss Wright (C)
51
52
Standard Brands
81
81
Colombo
Lyous
Curtiss Wright "A" 221
231
Standard Ol of N.J.
55
551
Dairen
Malacca
Douglas Aircraft. Du Pont
501
513
Swift International 274
273
Foochow Manila
Patani
121
124
Technicolor
221
23
Haiphong Maar
Swatow.
Hamburg
Elec. Bend & Share
81
81
Texas Gulf Bulphur 34
34
Hankow
Elec. Bond & Share
20th Cent. Fox. Films
251
26
$80)
$26,35
84/6
#
$1.60 $10.85
$6.90€ 36.70
$1.50
38
$21
$61
$6,25
$6.80
71 Ch.0.5% 1925G.#Bda,
71%
8pm H.K. Govt-1% Loans
3108
1.pm
$50
H.K. Govt 91% Loss $101 ex. int. H.K. Wing On.
$50
H.K. Tramways, $17.80.
Ở hai Wing On
Peak Trams (Old), $54.
H. K. STOCK
EXCHANGE
YESTERDAY'S OFFICIAL QUOTATIONS
There was no change to report
in the market which was quietly steady.
BUYERS
H.K. Bank (Lon), £90. Union Insurance, $500. Union Waterboats, $9. H.K. Docks (Old), $21. HK Docks (New), $20. « Providents (Old), $3,40, Providents (New), $ał. Raubs, $91.
Venz.. Goldfield, $3.'
H. & S. Hotels, $64.
$6 pr.
57
571
do.
Filins of.... 354*
35 *
Hoogkew. Peiping
(Johore) Tientsin Mukden Tokyo.. Harbi New York Tsingtao
Yokohama
D. C. Edmondston, Esq.,
Acting Chief Manager.
Saigon
DRATI HAIPHONG HAMBURO HANKOW HARBIN
YOKOHAMA
"(Peking). ZAMBOANGA
FOREIGN EXORANGE and General Banking Business transacted.
CULLENT ACCOUNTа opened and Francisco FIXED DEPOSITS received for One Year or shorter periods at rates Singapore which will be quoted an applica Sourabaya tion. Sungei
The Bank's Head Office ia London undertakes Executor and Trustee business, and claims re- covery of British Income Tax overpaid, "on "terms which may be jascertained at any of the Agencies
and Branches.
MANILA
TONOKAR
MEDAN
(Bhuket)
NEW YORK
PRIPING
TINGTAO
Elec. Power & Light
Union
Carbide
&
Iloilo
$7 pr..
412
423
Carbon
79
80%
یست
Gen. America Trans 461
462
Union Pacine .........
811
80..
Current Accounts opened
in
D.. J. GILMORE,
Acting Manager.
Gen. Electric
411
417
United Aircraft ........
281
281
Local Currency and Fixed Deposits
Gen. Motors ...........
391
401
United Airlines Trans
94
རྒྱ་
Gen. Railway Signal 20
Glidden Co.
Goodrich (BF.) ...... 18)
Goodrich $5 pt....... 51
Goodyear Tire & Co. 243
Great Northern Ray. 201
Great Western Sugar 281
'Hecker Products.. Int. Nickel
Int. Tel & Tel. ....... Kennecott Copper... Libbey-Owens- Ford
Glass Lockheed Aircraft
3/.
多
$25
$8:40
!!ខ្លី ន ! ! !
70 cta.
Vibro Piling sys
13/6 Mersman Inv. (Lon.)
Marsmans Inv. (HK)
70 cta Win. Powells
Sales to Shanghai
LONDON EXCHANGE RATES
(British Wireless Service) ·
Paris
Geneva
Berlin
Athens
Milan
Copenhagen
Stockholm
Shanghai
July 14
178 19/64
July 16
178-19/64
21,564
21.521
12.27)
12.27
93 11/16
23-11/15
8-13/16d
New York
4-933
4.93
Amsterdam
8.96
8.951
Vienna ...
Prague
1421
1421
Helsingfor
2281
Bucharest
6721
Hong Kong se
Bombay
1/5 29/32.
Montreal
4.987
4.95
29.13
29.19
Brussels Yokohama
Sellers
Buenos Aires
18.98
Monte Video
204
2-27/32
191.
19. 5/16
Silver (Forward)
Bulver (Spot) War Loan
ON LONDON:
31% 102 15/16
Closing Quotations
July 18, 1988.
Telegraphie Transfer... }-1/9% Blank Billa, op demand) Credits, d'month"" sight' 1/3) -
ON SHANGHAI:-
On demand
ON SINGAPORE: ——
On demand
IN JAPAN:
On demand
Telegraphie Transfer..... ↑ Bank, on demand
10 nam.
On New-Yox :----
HK. Lands, $341.
4
H.K Lands, 4% Deb., $105.
Star Ferries $78.
China Lights (Old), $10.90. H.K. Electrics, $504. Telephones (Old), $28. Telephones (New), $9.70. Dairy Farms, $25. Watsons, $6.80, Entertainments, $6.35. Constructions, $1.60. Vibro Piling, $5.10. H.K. Govt. 31% Lot
1% pm. Consol. Ch. Prov. (Old), $8.85. Consol. Ch. Prov. (New), $64.
SÉLLERS
Watsons, $9.90. Maismans (H.K.); 3/~
SALES
Providents (New), $3.30. H. & S. Hotels, $6.55. H.K Tramways, $17.60/75. China Lights (Old), $11. H.K. Electrics; $60)/2. ; Dalry Farms, $251/61. Watsons, '$8.83 Marsmans (HK), 3/- Consol, Ch. Prov. (New), $8.50. (Prices below in Phil. Currency)
Antamoks Pa. 33 Atoka, 27.
Bagulo Gold, 21
Benguet Consol.. 10.20 Demonstrations, 27) --- San Mauricio, 444 Buyoc Consol, 16
· 191. 19-5/16
:
A.K.
- Bank Bills, ou demand 304
Oredits, 60 days'" sight"-31
ON BATAVIA
On-demand
ON PARIS
4
557/16
Bank Bills, on demand 1,095 Credits, 4 months, sight 1,180 ON SALOONET
109
SHAREBROKERS".
ASSOCIATION
BUYER'S
Waterboats, $9.
Docks (New),**$19.70. Hotels, $64) ***
(Old); $8 Peak-Trans China Lights (Old), $10.90. Dairy Farms, $241: Govti Loan 4%, 3105. tot. Loan 31%, $101 ex, Int.
BELLERS
On demand.......
ON MANILA:-
On demand
OS BANGLōr —
106)
On demand
1199
Hotels, $6.55.
Sovereign Notes
Bank. Buying Rate...
Ba Silver. per or
1/2-1/18 19-5/18
SALES Trams, $17.85:
INTERNATIONAL SUGAR COUNCIL DECISIONS
London, July 18.
After a delay caused by the negative attitude taken by Soviet Russia, the International Sugar Connell pablished yesterday the ro sults arrived at after long deliberations.
According to the official communique, the Council agreed first that in the current quois year ending on August 31, offer "and "de- mand would turn out to be practically equal so that the situation would not demand any spécial measures.
the coming economic year, namely 47,500 tona, might under certain circumstances be placed at the disposal of Yugo- slava 'and France. Both countries informed the sugar Council that they could at most take up but 34. 000 tons of this feserve.(Trans- ocean;:
Requirements of the tree market The reserve "for for the coming quota year were then fixed in principle at 3,000,000 tons. At the same time, however It was decided that out of regard for an improvement in the world situation, which could not be ex- actly computed two months before the beginning of the new economic year, the estimated requirements another would 'be increased by
150,000 tons, due to possibility of PHILIPPINE
an accumulation of further large stocks of sugar na war reserve.
RENOUNCEMENTS
MINING NEWS
Also up to date Safe Deposit Boxes in various alzes To Let Hong Kong, 2nd May, 1938.
THE CHASE BANK
16, QUEEN'S ROAD CENTEA!,
HONG KONG »SAVINGS BANK
The Business of the above Bank An
is conducted by the HONG KONG & SHANGHAI BANKING COR- PORATION. Bules 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 Paid-up Capital Reserve and Undivided
5,898,800.00
է:
Profits. ... 2,778,726.76
Head Office:--HONG KONG No 10, Des Voeux Road, Central.
Board of Directors:- ̈ ̈ Sir Shouson Chow; Chairman Li Koon Chun, Esq. Li Lan Sang, Esq. P. K. Kwok, Faqs Wong Chuson, Esq. Wong YanTong, Esq. Kan Ying Pu Eng Chan Ching Shek. Fung Ping Wah, Esq.
Faq
Kan Tong Po, Esq., Chief Manager Li Tse Fong, Esq., Manager.
Branches and Agencies ---
Kavicon Pinang Baraba Fargoon
Lopdou Manila
г
ANOT Batavis Bombay Calcotta
Balcon Bourse Han 7YAN-
Swazow Bydery Tahuka
Canton Haiphong Stanko
Nagsaki
New York Haitia
Tokyo
París Hogoinin Кове
Shangba Yokohus Paiping BLAKSTREE
HEAD OFFICE:
18, PINE STREET,
NEW YORK.
American Bank offering com- plete Foreign Banking Service in the principal Markets of the world. Interest Rates on Application.
SAFE DEPOSIT BOXES
سجن
This Bank is entirely owned by
THE CHASE NATIONAL BANK NEw York, with Besources 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 PAID-UP CAFETAL 140,000,000.00 (BRANCHES ALL OVER CHINA) 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 ROAD, C.
South China Offices:
Every description of Banking CANTON and Exchange business transacted. SWATOW Loans granted оп approved
SHIUCHOW
securities.
KONGMOON TOISHAN. KINGCHOW
As against this amount of 3,150,
ROYAL PARACALE, Mines, Inc. 000 tons there stood an export produced P10,885.38 from 2,702 tons quota of 3,682,000 tons (exclusive of ore treated during June, of reserves or 47,500 tons) which
"SANTA ROSA Mining Company
Current Accounts opened in Local We also handle the issue of Bonde could be still further reduced to Inc. reports that the results of de-Currency and Fixed Deposits re and other Public Funds of the 100600 tons through voluntary re-velopment work during Júne were crived for one year or shorter nouncements.
}
very encouraging, as a new high periods in Local and Foreign Our Chinese Government both at Apa- Nevertheless, continues the comgrade hanging wall split was disrencies on terms which will be and- Abroad. ·
quoted on application. munique, a surplus of 432,000 tons covered by dogholes on the Pelang;
SĦOU J. CHEN Safe Deposit Boxes To Let. remained which first of all would vein.
'KANTONG ED.
Manager: Okis) Mänager.
be reduced by a 5 per cent, quota This additional ore, it was re- cut namely 184:125 tons.
!
ported, has been proved both on
A further reduction by the 228, the Zero and 140 level and has in-
000 tons of the remaining surplus creased the ore reserves in this sec-feet were capital and 342 feet The Trade Adjustment Commis- was affected by voluntary partialtion of the mine by more than 30 operating development. Of the ston of the National Government. rehouzicements on part of certain per cent. The Victoria vein was operating development, 268 feet which has opened an office in Hong export countries.
also reported followed from the No 3 shaft north to its junction with the Luna vein and the mineable sections of this vein are now being prepared for stoping
were in öre...
Kong for exclusivé haddling of the The No. 2 or mill shaft reached exports of tung, oil, has taken NOT A PRECEDENT The Council then appealed to the
the 140 level and a crosscut to the measures to restrict the sale of British Colonial Empire as well as
vein was started. The No. 3 alatt is this commodity in Shanghai. As 95 feet from the 140 level and it is a result of these measures, it is to Australia and South Africa to
expected to connect with the cross-stated, the stocks held by tung cil. The engineer said that encourag make concessions, whereupon the three groups declared themselves ing values are being obtained on cut from the vein before July 15 merchants in the Northern post
out. prepared to reduce their respective the Happy vein east of the Luella Sinking of the new 2-compart are rapidly giving quotas by the remaining difference vein. This vein can be developed ment Angeling shaft was resumed
Miss A, Viola Smith, U.S. Trade between offer and demand, namely to the 34 crosscut which is approxí un July 1. The engineer reported 20,000 tons, but expressly emphasis-mately 200 feet from the vein that an additional compressor was Commissioner in Shanghai, salled Installed to supply the additional recently in the Empress of Russia ed that this concession should not. afie 175 feet below the outcrop.
Development work during June | air required to pump the water for Vancouver en route to Cali- create any precedent for future
amounted to 816 feet, of which 174 which is being encountered. fornia, on 'short furlough, years."
.201
United Corpa.
31
31
237
231
United Corpn. $3
183
cum, pf.
321
323
received for one year or shorter periods in Local and other Cur- rencies on terms which will be quoted on applicatiori.
521
Un. Gas Iprovem't 10
10:
251
US. Rubber
381
301
201
US. Rubber pf.
78
791.
231*
U.S. Steel
50
581
71
71
Vanadium
18
181
401
50
101 101 392
Warner Bros. Pict.. 7474 Westinghouse Elec. 1004 1001
41
40 421 141 14)
Woodward Iron Cor. 17} Chase National B 331* National City Bank 27*. Call Money....1%
t er div.
· 171 337 28" 100
* bid.
No comments yet.
Private notes are available after approval.