12
DAILY
SHARE QUOTATIONS
t
Hong Kong Stock
Exchange
anarebrokers"
Association
Buyers
Baire
MONDAY, SEPT. 14, .
Bujore
Beliers
Banka
$78
$11.60
::
1880
-$1,610 H.K. Banics
រឺ
HONG KONG DAILY PRESS, TUESDAY, SEPTEM BER 15, 1936.
HONG KONG STOCK EXCHANGE
Philippine Gold Mining Quotations
11.9.36 “Closing"
P.3.85
40
H. K. STOCK EXCHANGE
YESTERDAY'S OFFICIAL QUOTATIONS
Was very Arm
BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorised Capital..... 50,000,000 Issued Fully Paid-Up $20,000,000 Reserve Funds:-
Sterling
THE CHARTERED BANK OF INDIA,
· AUSTRALIA AND CHINA, Incorporated by Royal Charter, 1953
HEAD OFFICE: LONDON, ........:£ 6,300,000 | Paid-up Capital... Hong Kong Currency
·Reserve Fund Reserve..
.....,$10,000,000 | Reserve Liability of Pro-
The market opened steady aut towards the close with buyers predominating.
The Manila market was also Reserve Liability of
STOCKS
Antamoks
14.9.36 Opening P.3.80
14.9.38 Closing
P.3.75
Atoks..........
Acvos.
gal
Bagulo Gold
76cvos. 42
74cvos.
Benguet Consol,
P.143.
P.141
39 P.14
Benguet Explor
32
J 32
341.
"1
Big Wedge
80
53
31
31,600
Demonstrations
P.1
P.1
D6
Arm.
£1091
* Do. (London)
2109
IX.L.
P.2.05
P.2.05
P.2.10
215
Chartered Banks...
BUYERS
B102
231
Mercantile Bha, "A":
Itogons
P.2.15
.P.2
P.2.10
231
Masbate Consol,
66
4 $6
67
Bank of East Asia, $76.
£143
Da
2141
Bank of East Asia...
Northern Mining
36
38
37
78
Union Insurances, $577
N. O. & S. Barks
Paracale Gumaus
75
74
74
+
Wharves, $112-
San Mauricio
P.2.75
P.2.75
P.270
$270
$170
Sufoc Consol
39
.91
80
B.K. & W. Docks, 5131.
1875
United Paracale"
P.1.80
P.1.75
Providents (Old), $2.15,
31
2494
130 ata.
Market Comment
Steady.
3482
$457
Raubs, $11.60.
1955
$250
Insurances
Canton luxuradoon...
Union LouTALOON ***
Underwriters
Kina Fires
HLK. Firesonator)
33 International Aasco,'§.
Shipping
Dougiarom
Steamboats
Indos (prof.) inter
Do. (def.) AL
Waterboata
Mining
18. Gold Bayar.......
18hota Baloocta
Kailant
!!!!!!
$30
13.90
$40
-9:0
1107
JE
[19 äta.
#
130
*120
ID 7
Shella
$1#
24. cts.
Balatoce
55 eta
Gold Creek......
10
$31
Langkats (single).
#2
32
Simaghat Loans 3.
Explorations.......
12 55 19.30
Venezuels Gold Fide.
X. D. 111.30
عات 20
381
$4
$185
(old)
$198
**
$1.05
$109
Docks, Wharves, Godowns, etc.
H.K. & K, Wharves
Do..
Du
(now)
Providents (old)...
Do
(new) 10 ot.
$134., & W. Dock
8. China Motor■ 'A'
Shangual Docks S.
New Engineeringss.
Hongkewe
Lands, Hotels, and
Buldings
H.K. Hotela H.K-Landa..... Do. 4% Debentures Shanghai Lands...8. Metropolitan Lands.. H.K. Kaaltics Ckins Do
Do. Debentareas. Humphreys Chinees Estaten.
35.85
16
.5.80/6
$40
159 cta 19 cis 10%-
480° /s
$109
$14
3314
34
$5.9
$103
$5.30
+2+
19}
+
8.
Cotton Milla
18
Ewoe
S'ha Cottousfold)S. (now)B. Do.
$70
$304
718
Zoong Sings
Wing On Textila(S.)
Pabile Utilities
312.40
1911
102
$14
13.85/ 14
$10.80
$8.20
pram.
Tramways ............................
Posk Trams (oli) ...
Do. (LOW)...]
Star Ferries
Yaumati Ferries... $21 China Lights (old)... 113 vo (new)... $10.30
Do.
H.K. Electrica ................
Macao do $6.30 Sandakan Lights ....
Tolophones (old)
$28.35
$10.
$
$11.00
(new)
China Biles S.
297 Tractions
18ཟླ 11:22 ཀྐ པཤྩ ཀྑཝེཏི ནདྡིཀྑཨཽ aཚོམaiaདྡྷིa
Do.
(pret).
Industrials
Malabon Sugaru
$19 Caldbeck, (ord.) 8.
#15 Macgregora (pref.)8.
I
Canton Icea
Cementa
Miscellaneous
321 Dairy Farm
sta.
Amusement
128
11.90/12.30
15
$14
1543
Id
£55
[0]
15/
$11.90
$1190
$2,15
$4
$211
- d
Ch. Ertainmenta......$3.90
Constructions, (old)}
Do.
Laus Crawfords......
+
(new){50 pts.)
[50 afa
$5,90
$3.9 13
Mackintoabe .............
Nanyang Tobacco.....
Sinceres
in
$4.8
Watson 0 084 4, 204
Powells
Wo
M. Greyhounds.
S. C. Enterprises
Uk.G.5X1925G.3 Bds.
HE. Gort, 4% Loans] $108
Do. 31% B.K Wing Do
Wallace Harper
Vibro Puing
HONG KONG TIDE TABLE
From September 15 to 31. 1838
HIGH WATE
Month
Roug
Standard
LOW WATER
Hong
08,16
Height
Height.
$10041
50 ta
31
PIZ
$21
HONGKONG METEOROLOGICAL
REKLISTER.
Hong Kong Vomocvasory, Sept. 14.
Previous On,Date on Date
Day st
at
at 5p.m.; 1a.m.4 p.m.
19.89
P.1.80 Steady,
Steady.
Pounds, Shillings And Pence
(Continued from Page 3).
I began to save in Cairo. It was a very slow business. Then I had an idea to put "Egypt on the map." I have often been very hard up for money, but never for ideas. I Went to a conference of business men in Cairo and told them, with the utmost confidence, some of the things they ought to đồ.
They
were so impressed that they offered me £1,500 a year to organize a publicity campaign for them. IN
they are going to out me in the first round. they are making a mistake. I'll show 'em. I'll buy some more Chelekens!"
And, in fact, that's exactly what I did, though not at once. The shares refused
They to recover. were not only "easier": they were darned dull.
I pretty well exhausted my bank balance to take up the first lot of shares and then I spent several hectic days in "raising the wind." It was a stormy job, but I suc-
Fifteen hundred shillings would have been a big figure to me then.ceeded. And they were talking in pounds!
CAREER CHANGED BY DOCUMENT
When 1-health compelled me to leave Egypt and return to London.. the first £100 had become the first
£1,000, or rather better..
So I was just in the right mood
Gritting my teeth, I began to "average." Now "averaging sounds a simple operation. but sometimes it proves very costly. It simply means this:-
You buy shares and they go down. So you buy some more st the lower Agure and then work out the average cost of your entire
to follow up my first Stock Ex-bolding. They go down ugain, change tip, which had netted me less than a "ver" two years De- fore.
And the same relative recalled my mind to the thrills of anance by ringing me up one day to tell me that he had another little "P"
this time for Cheleken Oilfields,
Bome very sound people,” sald my relative cautiously, "are talk- ing' Chelekens better. And there' some quiet buying. But don't tumble into this, my boy just buy a few for fun.”
"I'd love to," said I, "out how?" Again he did the the buying for me through his own brokers, but on this occasion he sent me the
and you buy some more to keep your general average somewhere near the market figure.
An then-sometimes-the shares recover and the speculator re- covers his losses with them. Or they never recover and the spe- culator is "sunk"
I began to average in July 1914. The shares went down and down and down The mere humour of war knocked the bottom out of
the markets.
When the actual confict broke out prices had gone all to hell and Chelekens were in the nethermost pit. Everything. I nad was lost barring the share certificates.
The war came, went, and when I got into mufti again. I renew- All ed my attempts to average. the money I made out of my books and journalism was poured into this drain.
To-day I still hold 3,500 Chele- kena, bought at all sorts of prices, but averaging about 2 pound aplace. I think they have as no- minal value now of about four- pence.
But I have no mind to sell. I keep the certificates as a constant reminder of the uncertainty of "tips,"
contract note for my own purchase. It was an impressive and enticing document "Bought for the no count or Sydney A. Moseley......"
If he had kept the contract note and merely sent me my proft in due course the idea of loss had .never entered my mind-my entire career might have been changed. But the contract note naturally bore the brokers' names, There was a stamp on it, too, of course, and details of the whole transac- tion, cost of shares, amount of commission, stamp fee and setting date.
Now my relative had only bought Afty shares for me. 1 thought two shillings profit a share after Daying brokerage nct, on a "tip” again. I said "No! would be paltry. But two shillings on-suy-500 shares. That would be £50 and well worth picking up. I stared at the contract note a long, time before I rang up the brokers. With my heart in my mouth I asked if they would make the 50 into 500.
That is the only "tip" I am pre- "Er-what price are Chelekens | pared to give unhesitatingly to now?" I added.
other adventurers on the road to Thirty-five to sixpence," said The First £100,000" the broker promptly.
Phew! That would mean close on £900! But I shouldn't have to pay until the end of the account- a three-weeks' account that me with a fortnight to go. Before then I decided that I would take my small proft.
"All"right." I said, "buy the five hundred."
That was my arst personal deal with any broker,
And I made a "solemn resolve
Vena, Goldfelds, $42. Antamoks, $5.80.
Atoks, $1.20.
B.g Wedge. 82 cts. Consol. Mines, li cts.
Ipo Gold, 40 cts. Santa Rosa, 15 cts. Hotels, $5.85.
HK Lands, $10). Star Ferries, "$92. Yaumati Ferries, $213. China Lights- (Old), $14.30, China Lights (New), $14. HK. Electrics. 3513. Telephones (Old), $294. Telephones (New), 59.80 Canton Ices, $2.20. Cements, $11,90.
Ewe Cottons, Sh.$84.
S'hai Cottons (Old), Sh.$70. S'hai Cottons (New), 8h $39Į. Vibro Pling. $4.
||
Ch. Govt. 5% 1925 G3 Bonds
12%. Govt. 4% Loan, 74 Prem. Govt. 31% Loan, par.
SELLERS
Baguio Gold. 85 cts. Consolidated Mines, 11 cts. Demonstrations, $1.63. Mambulao, 88 cts. Hotela. $5 HK. Trams, $12.40.
SALES
Union Insurances, $580. Wharves, $109. Providents (Old), $2/2.20. Atoks, $1.24.
ik
Baguio Gold. 67/63 cts. Benguet Explor., 55 cts. Big Wedge. 83/84 cts. Consol Mines... 10) cts. Demonstrations. $1,64/1.86. Mambulao. 92 cts, Masbate Consol, $1.10. Northern Mining, 57/58 cts. Salacots, 18 cts.
Banta Rom, 16/15) cta. United Farazale. $2.81. Hotels, $5.80/6. H.K. Lands; $401. Star Ferries, $92. China Lights (Old), $13.95/14 Telephones (Old). $29.35. Telephones (New), $10. Cements. $12./12.05. Vibro Piling, $4.
Proprietors
Head Office: HONG KONG
Hoard of Directors.
£3.600.000 £3.600.000
„prietors........ 2. £3.600.000
$20,000,000
BATAVIA - BOMBAY CALCUTTA
CANTON CAWNPORK
CEBU COLOMBO
KARACH
KLANG
KORK KUALA
Agencies and. Brunches:- ALOB STAR ILOILO AMRITSAR [201 BANGKOK
SAIGON SEMARANG
KEREMBAN
SHANGHAI
SINGAPDEK
SITIAWAN
LUMPUR KUCHING
SOURABAYA
TAIPINO
DILEI.
Hon. Mr. J. J. Paterson.
G. Miskin, Euty
Chairman.
Chairman.
Hon. Mr. W. H. Ball. A. E. Compton, Esq., Hon. Mr. S. H. Dodwell,
Hon. Mr. M. T. Johnson.
J. R. Masson, Esq.,
K. S: Morrison, Esq.,
T. E. Pearce, Esq.,
A. L. Shields, Esq..
V. M. GRAYBURN, Esq.,
Chief Manager.
Canto
Branches:
Iloilo Ipoh
Peiping Penang
Rangoon
Amoy
Bangkok
Batavia Jobare
Bombay Calcutta
Kobe
Kowloon
Kuala
Saigon San Fran
cisco
Cheloo
Lumpur Shanghai,
Colombo
London
Singapore
Foochow
"Malacca
Haiphong Manila
Sungei
Patqui
Hamburg Auar i Tientsin
Hankow
(Johore) Tokyo
Mukden
Tsingtan
Hongkew
Dairen Lyons Sourabaya
Harbin
New York Yokohama
KSIPHONG
KAMBURO
HANKOW HARBIN
MADRAS
MANILA
MEDAN
*NEW YORK
PEPING
TIENTS IN
ТОМСКАЯ
(Bhuket)
TRINGTAC)
ГОГОЖАМА
(Peking) SAMBOANGA
PONTANO
KONG KONG BANGOON
FORLION EXCHANGE and General Banking Business, transacted.
CURRENT ACCOUNTS opened and FIXED DEPOsirs received for Ope Year or shorter periods at rates. which will be quoted on applica tion.
of
The Bank's Head Office in Lon- don undertakes Executor & Trustee. business, and claims recovery British Income. Tax overpaid, on terms which may be ascertained at Any of the Agencies and Branches.
A BREARLEY,
Manager.
THE CHASE BANK
opened in 15. QUEEN'S ROAD CENTRAL.
Current Accounts Local Currency and Fixed Deposits received for one year or shorter periods in Local Currency and Sterling on terms which will be quoted on application:
Also up to date Safe Deposit Boxes in various sizes Top Let.
Hong Kong, 3rd July, 1938.
HONG KONG SAYINGS BANK
THE
Business of the above
Tan conducted by the BONG KONG & SHANGHAI BANKING CORPORATION: Rules may be obtained on application,
For the HONG KONG & SHANGHAI
BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 4th February, 1938
BANK OF EAST ASIA, LIMITED.
HEAD OFFICE:
18, PINE STREET,
NEW YORK.
An American Bank offering com- plate Foreign Banking Service in the principal Markets of the world. Interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned" by THE CHASE NATIONAL BANK; NEW Yous, with Resources over U.S. $2,097,000,000,00
D. M. BIGGAR,
Manager.
THE YOKOHAMA SPECIE BANK (1
LIMITED
Capital (fully paid up)
Yan 100,000,000.00 Reserve Fund... Yen 130,000,000.00
FELD OFFICE:-YOKOHAMA
BRANCHES AND AGENCIEE AT: Alexandrie Honolulu Rangoon Authorised Capital' ...$10,000,000.00 Bangkok Hsinking
Bio do Karachi Paid-up Capital 5,509,600.00 | Batavia
Janeiro Reserve and Undivided
Berlin Kobo Saa Proats hverken 7,885,395.52 Bombay. London
Francisco Calcutta Los Angeles Seattle Canton Manila Semarang Dairen Moji
HEAD OFFICE:-HONG KONG No. 10, Des Voeux Road, Central
Board of DirectorE 2
Sir Shouson Chow, Chairman
Li Koon Chun, Esq. Li Lan sang, Esq.
CROWD CHEER AN Kok, big Wong Chuson, Eaq.
EXECUTION
that thenceforward I would never 10,000 Watch Negro
From now on I will buy and sell only on "information" -- my own information."
Hanged
Wong Tan Tong, Lag. Kas Ying Po, Esq. Chan Ching Shel, Esq.
Kan Tong Po, B., Chief Manager. Li Tae Fong, Esq, Manager.
Andy
Batavis
Bombay
Calooza
Branches and Agencies :---
Kowloon
Malbourne
Fimang Bourkeys
Rangoon Busten Saigon Hynday
Ban Fran- Twihoko
niaço
New York Postig
CARAG
Backow Bedolulu Pirle Kobe
Alast I have discovered that WOMAN SHERIFF GOES phong even "information" may go wrong. THROUGH WITH JOB
and that in finance, as in racing. there is no "dead cert."
SINGAPORE RAW RUBBER
Latest Singapore Prices
B
8. B. JOSEPH & CO.
Monday, Sept. 14. Mesars. H. B. Joseph & Co.:28-
That night I bought my "late night final" just as eagerly and ceived the following quotations anxiqusly as my brothers used to from Singapore in traits Cur- buy their racing specials.
* "easier"-Bix Chelekens were pence a share down. Five hun- dred sixpences E12 10s-not to mention brokerage and stamp.
For the moment I was post- tively frightened, It didn't seen possible to lose £12 10s. Just by. saying a few words over the tela-
BO BI
R | Highest open-aly Temperaturs, 13:90 | phone.
Lowest open-air Temperature, 14:81
Kong
Time.
Kong Standard Time
4 S
Barumeter... 29.73 Tamperature
29.73
80
88
87
Hamidity....
67
78
74.
Tues
Tues
Wed 18
18
,.h. m.
00:06 17 0
Wind-
21 406-9
(30 18 1 1514 8 0
Direction BW NW
92 056 1
03 10 1640
Force Weather Kain
3. B
SW 4
Thur
17
1027 6 5
92-13
Fri
18
1086
22 20
Sat
10
1.20
22.54
1007 04 20 16321 B 05.09 $4 185 31
14
Baa 20
11 656 I
23 14 6 9
Mon. 21
1238 14 0 28 40
k
rency
for Raw Rubber-
Buyers
Spot." Oct.-Dec.
Jan.-March April-June Market: Dull
A cheering throng of between 10,- 000 and 15,000 persons crowded into a three-acre plot to witness the public hanging of a negro at Owensboro, Kentucky.
Pelping
on
TORTEM
Shanghai (Daloy) Nagasaki Bingapore Fenstien Nagoya | Soerabaya
(Mukden) New York Sydney Hamburg Osako Tientain Hankow Parii Tokyo Harbin Beiping Taingtoo Hong Kong
Kinkow
Interest allowed on Current A counts.
Fixed
Deposits received for Ferióda at rater to be obtained on: application.
G. KISHINAMI,
Manager.
Hong Kors, 11th Sept, 1938.
What do
you want?
If there
in
Every description of Banking and Exchange business transacted Loans granted
approved securities,
Current Accounts opened Local Currency and Fixed De posits received for one year or The man, Rainey Bethea, aged shorter periods in Local and 22, was condemned for criminally Foreign Currencies on terms which assaulting and murdering Mrs. will be quoted on application, Eliza Edwards, 'a 70-year-old white
Rafe Deposit Boxes To Let KAN TONG PO
Chief Mariages
woman.
The crowd Jeered at the priest who attended the man on the scar- fold, and after the execution broke down the barricade and fore the black hangman's hood from the head of the dead man, ripping it up into small pieces for souvenirs.
WOMEN AND CHILDREN
Women, young girls, and children
It was the first public execution made up nearly half the big crowd,
from Indiant.
is anything
you want to buy or fell,
・
Classified advertisement.
25 words $1.00 prepalą
for 3 Insertions.
Bethea himatk
mounted the
scaffold calmly faced the. \rising sun, and talked with the priest while his arms and legs were being to the history of Owensboro, and and it was not unusual to see wo hound and the hood slipped over
men from the hill country with | his head. brought crowds
small babies in their arms, and
At the signal the trap was ino and Kentucky in all sorts of children hanging on to their skirts, sprint, and Bethea's neck was in- 26 unchanged vehicles. There had been many
As soon as the sun rose the crowd stantly broken, but it was nearly 261 unchanged all-night celebrations, even chil-
16 minutes before his heart stop- 26 unchanged dren of high school age participat-began to cry, "Bring out the nigger.
ped beating. semedde Let's get going."
Even while doctors were continu- 27 unchanged ing in "hanging parties."
About 20 minutes later the policeing their examination spectators had managed to match the hood. which was promptly divided into small pieces
CHESS MASTER AWARDED BADGE OF HONOUR
Mrs. Borence Thomson, the wor man Sberit had said that she arrived with the victim, who was would go through with her official hustled through the crowd to the My first feeling, of bitter disap-
duties requiring her to conduct the foot of the scaffold, where Father execution. She did arrange the Herman Lammers, a Roman Catho pointment soon gave way to a kind
details, but when the actual time lic priest, permitted him to kneel of indignant determination, T B=Blue ; 0=Cloudy; D=
The Central Executive Commit-arrived she delegated the springing in prayer. ns 60 98 Drizzle; Fog; L-Lightning; was satisfied that the tio was
tee has award the Badge of Hon of the trap to Arthur Hash, a for-This appeared to anger, some right, M-Mist; Overcast; P=Paning 17 16 26
"Hal" said I to myself visualis our to Michall Botvinnik for his mer Louisville policeman. She members of the crowd, who shout, Ca 99 96(Showers; J-Equalls'; B-Hain;
Ing the Stock Exchange as a per-outstanding achievements as chess watched the execution from hered Take him up. Up on to the trap 17 21 13 8 T Thunder.
car, fifty yards from the gallows. so that we can see him.") sonal enemy. "If they imagine player Tass
Almost. At the same hour, iu ad- joining Tennester three negroes went to the electric chair at Nash- ville Chapl within sixteen minutes or one another without their ex- scution attracting more than lock. newspaper attention d