Sellera
Monnai
TUESDAY, NOVEMBER, 3.Į
Bayr
Baller
Bates
T
12
DAILY SHARE QUOTATIONS
Hong Kong Stock
Sharebrokers'
"
Exchange
Association
HONG KONG DAILY PRESS. WEDNESDAY, NOVEMBER 4, 1936.
H. K. STOCK EXCHANGE
AND
H. K. SHAREBROKERS' ASSOCIATION
Philippine Gold Mining
Quotations
BANKS
HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION
Authorised Capital..... 850,000,000 Issued Reserve Fund-
Sterling
Fully Paid-Up 820,000,000
AUSTRALIA AND CHINA Enco,perated by Royal Charter, 4353
KEAD OFFICE: LONDON-
£ 8,500,000
Paid-up Capital..
Hong Kong Currency
Reserve.
Reserve Fund.... „$10,000,000 | Rezerve Wahlilty of Pro
83.000.000 £3.000.000
-prietor..
£3.000.000
Banka
3rd November, 1936
Reserve Liability of
Proprietors
$90,000,000!
Agencies and Branches;— ·
$1,675)
H.K. Bors
£100
30. (London) ...
2151
Chartered Banks ....
231)
Mercantile Bks "A"
£147
Do.
183
Bank of East Asia...
N. 0, & S. Backs ...
Insurances
1285
Chaton Insuredaná,
7000
Union InsurENSSE ***
ed
31
Underwriters
Chios Fires...
$266
H.K. Fices
$3 International Ace. S.
Stripping
#30
Dongiana ses
381
Seaboa
135
Indon (pref.)
136
Do... (doi)
441!!!
31,670
Pioe
etsi
2nd Nov. Closing Rates
Time Received
Head Office:--HONG KONG
AMRITSAB
ALOR STAR ILOILO
IPON
SAIGON
SEMARANG
8,50 8.56
0.05
0.25
9.40 9.50 10.10
1:49 1.33
2.10
9,20 "200
BANGEŬR
KARACHI
SEREMBAN
£31
B14)
$83
Antamoks
4.30
Atoki
82743
Baguio Gold
(800
32 ota
$457
$960
Benguet Consol
Benguet Explor
Big Wedge
.14.70
***
+4
***
Demonstrations.
1.08
Itogans
130
L.A. L
2.35
9.35
30
2.35
925
$30
Masbates
57
Northern Mining
28
27
118/11
Parncale Gumaus
23
85
$13
San Mauricio
... 3.50-
3.50
3.70
Suyoc Consol
:..
72
71
72
United Paracales
2.15
2.10
...........
3 8 8 2 2 7 8 8 6
1.30
4.75
68
35
14.75
99
ཀླ
1.3 11.1
1.36
66:
f
4.30 4.53
4.35
Board of Directors, Hon. Mr. J. J. Paterson,
HATAVIA KLANG
BHANGHAL
Chairman.
BOMBAY CALCUTTA CANTON CAWNPORY
Crat COLOMBO
KOAK
SINGAPORE
KUALA
LITIAWAN
LUMPUR
BOURABAYA
KUCHING
МАГВАЯ
MANILA
1. I
1.3
DELE:
MEDAN
HAIPHONG
NEW YORK
HAMBUKO
3.90
3.60
2.20
Amoy *Bangkak Batavia
Branches:- Iloilo Ipoh
Johore
Bombay
Kobe
Calcutta
13/6
Kailans
Canton
(single) d.
Cheloo
Explorations...............
Colombo
Shanghai Emus S.
Dairen
$12
$19
Markal Comment.
Q
Q
S
$
K
(
ર
D
3
L
S
Venezuen Gold Fide./
Docks, Wharves,
#i
118/14 Shell.
#10
Waterbuat
Mining
Balatocs
Gold Hiver
Gold Creek......
Sajacota..................
་་
Godowna, etc.
H.K. & K. Whacros.
3110
Do.
(old)
Do.
(uaw) ...
32 10
Providents (old)
$2.05
120 ct
Do. (as)
3137
1.K. & W. Docks
suatu.
$13
S. China Motors 'A'
$81
Shangnai Docks S.
*
New Engineering8.
B814 31
B.
16.20
Hongkows
Lands. Hotels, and
Bui dings
H.K. Hotels
H. Landa......... Do. + Debentures Shanghai Laode...S Metropolitan Lande.. H.X. Realties.
China Dookud
Do. Debenturess.
18. 5
138) $100
**1.00
F
PPING TRADE||
OPTIMISM
Big Increases In Charter Rates
NO BRITISH TRAMP SHIPS LAID UP
With the rise in freight markets continuing unchecked, there is a growing conviction in shipping circles that the shipping industry is on the threshold of a new era the "Dally of prosperity, states Telegraph."
$30
1105
1:3
$1
101
$60
201
Humphrey
39"
$79
Chincus Estate.......
Cotton Mil
$10.70
Ewon
$10.40%
TH
$76
S'hal Cottonsfold)S.
$80
343
Do. ¡DOWS.
142
116
Zoong Sings
$25
Wing On Textiles(S.)
$17 $26
Public Utilities
3121
Tramways
312.30
18)
Peak Trams (old) .......!
151
$21
La (new).....|
$93
Star Ferries
193
315
Yaumati Ferries
3:41
$141
Chins Lights (old)...)
$14
Do (new)...)
$54
H.K. Electrica cena
364
120
Macao do.
$8.30
Saudarna Lights ---
Increased shipments of cereals to
129
Telepones (old) ....
$29
countries which have
$10.70
Do. (DBW)...
$12
#11
$77
24/0
tine maize to Europe, the United
$15
$2.20
$3.90
1
$2
1.40
$3.80
$22)
33 05
Chius Bases S..
Traction
Do. (pref.)......
Industrials
Malabon Sugars
$19 Caldbeck, ord..
Macgregors (pref.jd.
Canton Icos
$11.60 Cementa
$3
Reped
Miscellaneous Dairy Farmairies Amusement........ Ch. Etainment................. Constructions, fold)
Do.
Lane Crawford...
Mackintosha.****** Nanyang Tobacco...
Biaceres ..........
34.80 Watsons 200)
Wm Powells
M. Greyhounds
S. C. Enterprises Ch.G.5%19230.3Bds.
HB, Gors 4% Lexus
Wallace Harper .....)
H.K Wing o 204.16|
སྐུ་པར 11 1:!ཞི་ྗ
92
prem. 82
Hong
· Kong
g Standart
Height
Do.
[DEW)
S'hai
Do
Vibro Piling
Sales to Shanghai
Height
DAMN! ! ! ! ! ! ! !
$1.70
13 ata.
1.10
221
2.35
3.65
271
PHILIPPINE MINING
NEWS
heretofore peen
G. Miskin, Esq.,
Deputy Chairman. A. H. Compton, Esq..
Hon. Mr. S. H. Dodwell, Hon. Mr. M. T. Johnson, JR. Masson, Esq.,
K. S. Morrison, Esq.,
T. E. Pearce, Est.
A L. Shields, Esq.,
V. M. GRAYBURN, Esq.,
Chief Manager.
Peiping Penang
Ranguon Saigon
Kowloon San Fran Kuala
cisco
London
Lumpur Shanghai
Singapore Lyons Sourabaya Foochow Malacca Sungei
Pataui Tientsin
Haiphong Manila
Hamburg
Muar
Hankow (Johore) Tokyo Harbin
Hongkew
Mukden Tsingta New York Yokohama
HANKOW
HARBIN
PEIFING
TAIPING
TIENTSIN TONGEAN
(Bhukst)
TEINOTAR
TOKOHAMA
(Peking) | KAMBOANIJA
HONG IONG BẢY GỌI
FORTION EXCHANGE and Genaral Banking Business transacted. 4
CURRENT ACCOUNTS opened and FIXED DEPOSirs received for One Year or shorter periods at rates which will be quoted on applica=""
tion.
The Bank's Head Office in. Lon- don undertakes Executor & Trustee business, and claims recovery of British Income Tax overpaid, on terma which may be ascertained at any of the Agencies and Branches.
A BREARLEY,
Manager.
Current Accounts opened in 1 Local Currency and Fixed Deposits 15, received for one year or shorter! periods in Local Currency and
trading Sterling on terms which will be through the present limited facilit-quated on application.
ies of the stock, trading machinery Also up to date Safe Deposit in Manila, provided by only one Boxes in various sizes To Let. stock exchange.
Boom or no boom. the mining, have industry in the Philippines is here to stay. States the "Manila Bulle- tin." With the development of mines, stock trading has to flour- ish, as we see in the Philippines to-day when business in stocks and bonds has grown to such tre- the mendous proportions that opening of another exchange, has become an absolute necessity, far the protection of the investing public's interests.
A
It was this reason, more than anything else, that prompted group of enterprising local business figures to organize the Interna- Manila tional Stock Exchange, investors complain that one ex- their handle all change cannot
There is ample support for such an optimistic view. On the oce hand. surplus tonnage has been drastically reduced during the past three or four years as a result of wholesale breaking up, stimulated | örders, with the result that trans- There are actions have been unnecessarily by high scrap prices. now no, serviceable British tramp delayed with corresponding losseR This could have. to the investors. steamers laid up.
been avoided were there another exchange to take care of the in- creased volume of stock trading, it was explained.
On the other hand, demand for tonnage has lately received a sharp combination of impetus from a factors, chief of which are:
TX-
The International Stock
care of accom- had poor change will take
that
crops. Heavy shipments of Argen-modating all the investors
States and Canada are a promin-
ent feature and will be succeeded THE EXCHANGE
by a large movement of wheat to
Europe next year.
Recovery of international trade generally.
A
The first factor may be expect- ed to continue to operate to the benefit of shipping, but still great- er benent is expected from deve lopment of the second. The read- Currencies of foreign Justment opens up a prospect of eventual removal of quotas, tariffs and other restrictions
international
$5.90
trade
141
13
30 stk.
$1
982
$100
$100
352
PICAL
Hong Kong gorrasury, Nov. 3,
Previous On Date, On Date
Day 出
HONG KONG TIDE TABLE
BONGKONG
REGISTER
from Kovember 4 to. 10, 181'.
HIGH WAKEL.
LOW WATER.
at
Hong
at 4 p.m. 10 am.
4 p.m.
Kong
Standard
Tima.
Time
Barometer.. Taisperature Humidity...
299-4 76 да
30/0
29 91
.. 74
.73
04
b. 1.
b. m...
Wed
07 38. L-5
1434749
Thur-5 0 18 7 6
17 18 46 06:15
Wind
Direction Force Weather
E- $ Ва
15 $54.9
Fri.
41 1970
Bat.
Sun.
P
..
Mon 9
Taee10
q
17 58.48 Rain...
09
*
921 Highest open-air Temperaturs, 1:77
17 18 161 1505 5.0 Lowest open air Tamperature, 3:71
0347 6.5
·1022
18 05 04 23 06
0419 6.0 £5.99
LL 1428
7
12355 4.6
1905 16.1 0651 16
11 562 a
0035
05495-8
upon
MARKET
MESSRS. ROZA BROS.
ex-
The backers of the new change are convinced, as every -far-sighted businessman is, of the great future ahead of the mining industry in the Islands, and have taken the necessary steps to open
another stock exchange; not be- cause they want to compete with the existing stock exchange but because they firmly believe that there is adequate room for one mote well organized exchange in Manila to handle the increasing transactions, in the face of the greatest mining boom in Philip- pine history.
Behind the International Stock Exchange are, men prominent in local business circles; who enjoy the confidence and good-will of the local community and business people abroad.
N
The organization counts among its members a truly international group of business men.
H. K. STOCK -
EXCHANGE
YESTERDAY'S OFFICIAL QUOTATIONS
The local market was again in- active and featureless to-day. The Mahila market was
steady.
BUYERS HK Banks, $1,675.
very
Hong Kong, Nov. 3. The price for Ready Silver was unchanged yesterday but the For- ward rate rose 1/18, the quotations being 20 and 20.1/16 respectively. Silver advices reported India and speculators as having bought for quiet during the day, but closed TWO GOOD SIGNS
forward delivery. After the off- Meanwhile, there are two very clal fixing America bought at the in the cargo Axed rate for Spot but there were encouraging signs shipping situation. One is, the sellers at the fixed rate, for for willingness of merchants to charter ward "delivery. In America the ships for distant loading positions, rate was unchanged at 44 3/4 for indicating their bellef in
the Spot durability of the improvement in freight marketi. The other is the rate was quoted at 488 7/8. New widespread demand for the hire York-London was quoted at 4.88
31/32
of ships for periods, as distinct from single voyager.
The rise in the rates for such time-hiring may be taken as the measure of the general improve- ment. The current rate for tramp vessels of about 8,000 tons is about 4s 6d, to 48. 9d. per ton deadweight per month-which leaves a pront to the owner of about £30 a day Earlier this year the market rate was about 2s. 6d. 'to 28. 8d. per ton, which barely covered running expenses.
DUTCH LOAN
Amsterdam, Nov. 2.0!
The London-New York cross-
Firm but dull.
MARKET
STERLING There were sellers at 1/2 15/16 November and 1/2 29/32 Decem- ber-February, buyers at 1/2 31/32 Cash-December and 1/2 15/18 January-February. No business was reported.-----
·U.S. DOLLARS A small business was done at 30 7/16 for November delivery. There
30 318 were sellers at November-December and 30 5/16 January, buyers at 30 1/2 Cash, 307/16 November and probably 30 13/8 January,
SHANGHAI DOLLARS
A small business was done at The first three per cent loan 102 15/16 för cash. Sellers at 102 since 1965 is expected to be issued | 15/10, buyers at 103 for cash!
by the Government to-morrow. at 951 per cent, for the conversion of
the Boating debt.
The loan amounts to 100,000,000 guilders, half of which will be ab- sorbed by national funds and the B-Blue sky; C=Cloudy} _U= other half offered to public subs- Drizzle: F-Fog; LLightning;|cription. It will probably be re- M-Mist; O Overoaat; P=Pasing deemable in 20 years. Showers; JSqualls; R-Rain;
Beuter,
1900051891 21 TThunder.
SHANGHAI 'MARKET There were sellers of Sterling at 1/2 1/2 and US Dollars, sellers at 29 1/2 for spot.
IN THE AFTERNOON The market was dull in the afternoon.
IN STERLING The market closed with sellers at 1/2 15/16 November, 1/2 29/32
Union Insurances, $600. Verz, Goldfields, $81. Y. Ferries, $25,
Govt. 31% Loan par.
Antamoks, $7.
San Mauricio, $5.90 Gumaus" Golddaids, 78 cts.
SELLERS
HR. Lands $39. China Lights (Old), $14). HK, Electrics, $54. Bagulo Gold."58 cts. Paracale Gumaus, $1.45.
SALES
H.K. Banks, $1.875-1,680. HK. Electrica, $53}, Dairy Paris; $22, Ewo Cottons, Sh.$10.70. Consolidated 'Mines; 93 cts. Demonstrations; $1.81.0 Ipo Gold: 48 cts, ~ Paracale "Gold, 74.cts. Masbate Consol., 97 cts. San Mauricio, #5.78. Bayoc Consol, $1.17. United Paracale, $3.55. Mineral Resources... 94 cts.
Hong Kong, 1st Nov., 1938.
HONG KONG. SAVINGS BANK
THE CHASE BANK
QUEEN'S ROAD CENTRAL
HEAD OFFICE:
18, PINE STRIST,
NEW YORK.
An American Bank offering com
plete Foreign Banking Berrios in the principal Markets of the world. Interest Rates on Application, SAFE DEPOSIT BOXES
THE CHASE NATIONAL BANK, NEW YORK, with Resources over U.S. $2,027,000,000,00
D. M. BIGGAR,
Manager.
HE Business of the above Tans conducted by the This Bank is entirely owned by
& SHANGHAI KONG HONG BANKING CORPORATION Rules may be obtained on application,
For the HoxG KONG & SHANGHAI BANKING CORPORATION. ·
V. M. GRAYBURN,
"
Okiej Manager. THE YOKOHAMA SPECIE BANK
Hong Kong, 94th February, 1936
THE
AMERICAN EXPRESS CO.,
Incorporated with Limited Liability in USA.
Head Office: & BROADWAY, NEW York
Capital
U.S.$8,000,000.00
Surplus rece U.8.$2,240,344.38 Reserves... U.S. 37,612.65 Amsterdam The HagueMontreux
Hamburg Munich Havana Naples
Antwerp
Athens
Basle Berlin
Bombay
Brussels
"Havre
Nice
Heidelberg Paris
latertaken Peiping
Jerusalem Piraeus Liverpool Rome
Shanghai Singapore
Cairo Calcutta London Rotterdam Cannes Lucerne Colombo Lugano Copenhagen Luxor Southampton Dublin
Maalla Tientain
Edinburgh Marseilles-Venice Florence Milan
Geneva
Monte
Genoa
Glasgow
Carlo Montreal
Vienna Yokohama Zurich
Branches of American Express Company in Principal Cities of United States of America and Canada,
'All classes of Commercial Bank ing Transactions undertaken."
Personal investment handled,
accounts
The Company offers to intending travellers the use of its "Travelere Cheques" and Letters of Credit and, in addition the world wide services of its thoroughly equipped Travel Departmental admitt
C. H. BENSON,
General Manager.
H.K
SHÅREBROKERS ASSOCIATION
BUYERS
Y. Ferries, $25. Star Ferries, $92 Atoks, 31:07
Beng. Expl, 33 cta: Consol Mines 9'cts" December-February, and probably
Mineral Resources.. 92 cts. March, buyers at 1/2 31/32 cash December and 1/2 15/16 January-81LLERS March...
Big Wedge, 4 cts," Demonstrations, $1.80. Er Tesoro, 3 cts.
SALES T. Ferries, $25.45. Ipo Gold, 474 cts, Northern Mining, 441
·US DOLLARS There were sellers at 303/8 November-December 30 5/18 January and 30 1/5 March, buyera at 30 1/2 for cash, 50 7/16 Decem- bruary ber and 30 3/8 January-
LIMITED
Capital (fully paid up)
Yen 100,000,000.00 Reserve" Fund ... Yen 130,000,000.00
HEAD OFFICE:-- YoxQRAM
L
BRANCHES AND AGENCIES AT: Alexandria Honolulu Bangood Bangkok sinking Rio do Batavia
.aneiro
Calcutta Cauton Dairan Moji
Karachi Berlin Kobe Bombay London
Los Angeles Seattle Manila Semarang
San
Francisco
Shanghai
(Daloy) Nagasaki
Singapore
Fengtion Nagoya
Soerabaya
Hamburg Osaka
Tientsin
Hankow
Paris
Tokyo
Tsingtac
Tinkow
(Mukden) New York Sydney
Harbin Peiping
Hong Kong
Interest allowed on Current Ac- counts,
Deposits received for Fixed Perioda at rates to be obtained on application.
G. KISHINAMI,
Manager. Hong Kong. 11th Sept, 1936.
BANK OF EAST ASIA, LIMITED.
5,598,800.00
Authorised Capital $10,000,000.00. Paid-up Capital Reserve and Undivided
Prosta
2,885,396.59
HAD Orrios:-Hong Konɑ No. 10, Des Voeux Road, Central,
Board of Directors 5-
Sir Shouson Chow, Chairman"
Li Koon Chan Fac. Li Lan Saing, Esq. E. K. Hyok Eaq WongChuson, Esq. Wong Yan Tong, Eng. Han Ying Fu, Enj. Chan Ching Shek, E
Kan Tong Fo, BeqChiel Manager, Lê Tư Tăng (sq, unager
Branches and Aqamçiss zum
London
Main Balgyti“
New Tork:BATH
Zwiping
Every description of Banking and Exchange business trans Ložni
securities.
Currant
Accounts opeted in Local Currency and Fired De posita, zackinád for one bysar or shorter periods in Local and Foreign Currencies on terms which will be quoted on application,
Rate Deposit Boxes La Lati AKAN TONG PO.
Brand gran Menager
it