HONG KONG DAILY PRESS, FRIDAY, NOVEMBER » 27,
LONDON EXCHANGE RATES
1936:
12
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
THE EXCHANGE
MARKET
Sharebrokers'
Association
shayes
Salon
THURSDAY. NOV. 26.
Bayern
Ballure
Bala
Banks
$1,795
H.K. Bankı ̧*******]|| $1,795
144
2107 216
Bo. (London) *.
Uhartered Banks...
£16
£321
Mercantile Bk. “A“
Ngaton
MESSRS. ROZA BROS.
Slver prices ros: 1/8 yesterday for both deliveries. the quotations being 21 1/16 for Ready and For- ward. Silver advice reported In- dia as having bought and Ching sold. Buyers ware satisfied. After the official fixing the market was idle. Sellers were reserved. In 21071 America the rate quoted at 45 1/8
for Spot.
Paris
Genera Berlin
Athens
Milan Shanghai
New York Amsterdam
Vienna Prague
(British Wireless Service)
November 23.
105,9/64.
105 9/64.
21.31.
21.30.
12.17.
12.17).
550.
5471.
29 15/16.
93.
4.891
9.031.
1381
Bucharest
ד'
November 35.
BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorised Capital
**** $50,000,000 Issued & Fully Paid-Up 820,000,000
THE CHARTERED BANK OF INDIA AUSTRALIA AND CHINA Incorporated by Royal Charter, 1933
HEAD OFFICE: LONDON.
Reserve Funds:-
Sterling
Hong Kong Currenor
£3,500,000 | paid-up Capital.............
Reserve Fund ..........
4.897. 9.03.
W
£3.000.000 £3.500.000
prietors £3.500.000
Reserve..........$10,000,000 | Reserve Liability of Prov
Reserve Liability of
Proprietors
.$20,000,000
Head Office:-HONG KONG
Agencies and Branches"--. ALOR STAR ILOILO
Madrid
AMRITSAR BANGKOK
IPOH KARACHI
BAIGON SEMARANG
BEKEMBAN
Lisbon
54
EN
587
$266
$598
1260
4!!!!!
$30
135
Indus (pref.)
$36
Do. (dei.)
Do.
Bank of East Asia,
N, C. & B. Banks
Insurances
Canton lusa/museo,. Union Insurance ... Underwriters
China Fires............ K.K. Fires 9-**** (+37 Laternational Assco, S.
Shipping
Douglases ...........
Steamboats
£14
$33
221
The London-New York cross- rate was quoted at 4.89 5/8. New York-London was quoted at 4.89
Hong Kong
Brussels
28.954.
1/2 20/52. 28.001.
Board of Directors, Hon. Mr. J. J. Paterson,
BATAVIA
KLANG
BHANGHAI
ΤΟ ΔΙΑΣ
KURK
SINGAPORE
Chairman.
Montevideo
21/32.
$165
Belgrade,
$590
MARKET
Montreal
4.831.
4.88)
lat om.
Steady but stagnant.
Yokohama
$457
$280
STERLING
Helsingfors
Rio
$104
!!!!!
130
$35
$38
There were sellers at 1/2 15/16 November-January and 1/2 29/32 February-March, buyers at 31/32 Cash-January and probably 1/2 15/18 February-March.
Buenos Aires
1/2
Suver (Spot
Buver (forward) War Loan
.114/4)
3101
Closing Quotations
V. M. GRAYBURN, Esq..
Chief Manager.
Johore.
San Fran
cisbo
November 26, 1936...
On New York:-
Amoy
Branches:
Iloilo
Bank Billa, on demand 201
Bangkok
Ipoh
11/2
Credits, 80 days' sight. 3013/18
Batavia
37/39
ON BATAVIA:-
Bombay
Kobe
Peiping Penang Rangoon Saigon
On demand
Caloutta
Kowloon
1/3 6/39
OF PARIS:--
Canton
Kuala
Bank Billa, on demand 649
Chefoo
Üredits, 4 month's sight 680
Colombo
1017
Ox" Baldon:
On demand
042
5211/16
ON. MANILA-
On demand
B01
ON BANGKOK :-
....***.106
Tsingtao
On damand
1401
"
SOVERSIONS Bank Buying
Babe
1 1/2 3/3:
opened in
Lumpur Shanghai London Singapore Dairen Lyons" Sourabaya
Malacca
Foochow Haiphong Manila
L
Hamburg Muar
Sangoi
Patani Tientsin
Mukden
TIENTBIN ТОЛОКАК
(Bhuket) TRIKOTAO
TOKOHAMA
(Peking) AMBOANGA PENANG
HỒNG LONG BẢNGO0H
FOR ION EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEP081rs 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 terms which may be ascertained at any of the Agencies and Branches.
A. BREARLEY,
Manager.
COLOMRO DELHI HAIPHONG
NEW YORK
K. E. Morrisen, Esq.,
"
HAMBURO
PRIPING
T. E. Pearce, Esq.,
HANTOW
A L. Shields, Esq.,
HARBIN
21.
21-1-418.
34% 1061.
31 100
G. Miskin, Esq.,
Deputy Chairman. CAWNPOES
A. H. Compton, Esq.,
Hon. Mr. 8. H. Dodwell, Hon. Mr. M. T. Johnson, J. R. Hanson, Esq.,
MADRAS MANILA
MEDAN
CALCUTTA CANTON
KUALA
SITIAWAN
LUMPUR
ROUBABAYA
KUCHING
TAIPING
CINEL
[!!!:04:
114/44 Shella
Waterbosta
Mining
Balatoća
Gold River.
Gold Creek............ Salacots...... Kailana
Langkats (single). Explorations...... Shanghai Loans 3.
$13 Hauts
31.85 813/1.86
$10
120 ct.
3137
4
Venezuels Gold Fide.
Docks, Wharves,
Godowns, eto.
H.K. & S. Whartes.
Du. (old)
Da. (LEW)
Providents (old)
Do. (new) H.K.&W, Docks
S. China Motori 'A
$814 Shangnai Dock S.
15 66
$38
8108
113
BE
160
391
$12.00
***
! ! !!ននគ
13/6
$1081
$1.85
20 ct..
$14
$81
34
*** 8.
New Enginearings,
Hongker
Lands, Hotels, and
Bul dings
H.K. Hotala
HK Landa,..........S. Do. 4% Debentures Shanghai Landa.......8. Metropolitan Landa..
HK. Realties...re China Du......8. Da DebentureaS.
Humphreys anyt
$78 Chinese Estates......
$45
1978
tei
$25
Cotton Mills
Ewo
Sb Cottonsfuld 19.
10.
Zoong Singe
'Rixeu,
Wing Un Textiles(5.) Pabile Utilities
Tramways
eminen
!!!!!
$5.00
138
$108
10:55
U.S. DOLLARS
Opened with sellers at 30 7/16 but later 30 1/2 could have been obtained for November and pre- bably December and 30 7/10 Febru- ary-March, buyers at 1/16 higher. respectively. Business was report- ed at 30 1/2 for November-Decem- ber
SHANGĦAJI DOLLARS
Sellers at 102 7/16, buyers at 102 1/2 for cash.
SHANGHAI MARKET There were sellers of Sterling at 1/2 9/16, buyers at 1/2 19/32 for Spot. U.S. Dollars, sellers at 11/18, buyers at 29 3/4 far Spot,
IN THE AFTERNOON The market was steadier in the afternoon for forward delivery."
IN STERLING
་
Business was reported at 1/2 15/16 for April delivery, finishing with sellers at 1/2 15/16 Novem- ber-March and probably April, buyers at 1/2 31/32 for any de- livery.
market
On London:
Telegraphie Transfer.. Bank Bills on demand Credits, four months'
sight
ON SHANGHAI:-
On Demand
ON SINGAPOR
On demand
OD JAPAN:-
On demand
Om India:
Telegraphic Transfer... 818 BAX SILVER, per at...... 21. 1/16 Bank, on demand.........
»
PHILIPPINE MINING
NEWS
Hankow (Johore) Tokyo Harbin
Hongkew New York Yokohama
Current Accounts Local Currency and Fixed Deposits
THE CHASK BANK
received for one year or shorter 18, QUEEN'S ROAD CENTRAL periods in Local Currency" and Sterling on terms which will be
quoted on application."
Also up to date Sale Deposit Boxes in various sizes To Let. Hong Kong, 1st Nov., 1938.
HONG KONG SAVINGS BANK
dieneity in taxtig gold into solu-THE Business of the above tion-Mother Nature takes hun dreds of years to do it. It does make a good story, doesn't it?
All of the elements of a "boom" chemists using all possible mechani- mining rush of the good old-fash- cal and chemical means have U.S. DOLLARS
loned type are now present in the Business was reported at 30 7/13 Philippines, with Manila as the for March. The;
closed centre of activity. There is one with sellers at 30 1/2 November-
ticeable difference between the December and 30, 7/16 January Philippines mining boom of 1936 March, buyers at 30 9/16 Novem- and other booms in world history ber-January and. 30 1/2 February--the Islands are comparatively March.
new to mining, and the sky seems to be the limit, states the. "Manila
SHANGHAI DOLLARS Sellers at 102 7/16. buyers at 102 Bulletin." 9/16 for cash.
844
$17
$26
$12.46
3153
$121
$61
Pok Trains (old)....
121
Da (De)...)
3921
Star Fernes *******
1931
faunisti Ferries...
$10
$13.90 $14.10 13.90f{14.
China Lights (old).....
$13.20
$10
$11.
853
$20
Macao do.
$8.30
326
ងរ៉
$10
Lo.
(A6W)...
$9.95
YESTERDAY'S
Chips
Bunga
27-
Tractions
7/
-
Do.
(pref.)
Days of
Do.
(Den)...
E.K. Electrica
Sandakan Lights -
Telephones (old) ...
Industrial
Malabon Sugara
$19 Caldbeck, Lord.).
$15 | Masgregors}{pref.)8.
Canton Ices
Comenta
Miscellaneous
$2.20
$11
Jat
Kopes..
$21
Dairy Farms rarest
Amusement
$3
Ch. E'tainman BI, *****
BI
42 cta.
I
13
$4.85
(new)
Constructions, (old)
Do.
Lane Crawfords.......
Mackintosh
Kanyang
Tobacco...
Bincerce ********
eitles%
Watsons
W Powells.........
M. Greyhounds....nasi!
SC. Enterprises
92%. CL.G.621925 G. Bds.
ILK. Gort. 4% Loans
Wallace Harper
prozz.
prem. 32%
Do. 31%
$40
H.K Wing,Us
S'ha
Do
$5.30
Vibro Piling->|
*Sale* to Shanghai
MITH WATER
Hong
Kong
Standard
"LOW WATEL
Hong
Height,
Height,
!!!!!!
##
H. K. STOCK EXCHANGE
OFFICIAL
QUOTATIONS
H.K. Banks at $1.735 and Unions
Even the divining rod has been revived for local consumption, and is finding plenty of takers. "The mining engineers are afraid they lose their jobs, or they would re- commend our divining rod" is the know reason why, engineers who
Legitimate promotion is a vital part of mining. Such promotion.. their business turn thumbs down and most of the Philippine mining i en mine prospecting, according to enterprises have been started by, Manila divineTS. reputable individuals and concerns, should be encouraged As in any other industry, however, disreput able individuals are bound to be present, and to attempt to divert proney intended for honest mining investments into projects which have not the slightest chance of success,
2
The usual tricks which attend unusual mining activity and a bul
at $590-595 remain with buyers stock market are being carried on
still unsatisfied, the rest of the market being quiet and inclined to be easy.
ad
52
$111
$3.40
$21
to-day.
13
$1.70
10 oka.
$5.90
ht
31
$109
$1021
HONGKONG METEOROLOGICAL
RIGISTER.
HONG KONG TIDE TABLE
From Nov. 27. ts December 3, 1934,
Time.
Kong Standard Time
Barometer. 30. 1 Temperature Humidity...
Hong hung unservatúry, Nov. 36.
Previous On Date On Date
Day
at 4 putt
30.00
1t
at 4 p.m.] 10 .1.
30.0)
39
75
71
77
71
83
Fri: 27
it. in. h. m.
08:30 63
∙1947 18 0! 1321 8 4
Bat.
29
09:34
$9
20 30 18 5
It, lo, Wind-
19 0214
Force 0302 11.2 Weather
E
E
3
1258 0339 10
8 7
14 35
87
Mon.-30
04 34
10
Highest open-air Temperaturs, 25:71 Lowest open-air Temperature, 20:68
21 55 8 7
15.12
38
Tues.
-191749
05 19
0 5
12 38 8 515 50
8-9
Wet
Sat. 20 10:30 5 1
21-19 11 250
Ihur 3
43 1980
Direction
#
B-Blue sky; C-Cloudy; D Drizzle F-Fog; L-Lightning; M-Mist; 0=Overcant; P=Passing Bhowers; JRqualls; R-Rain;
1310 4 80604 108 18 30 4.0 06401 1 171 4BT-Tbander,
1401
bere with enthusiasm by various members of the promoting frater- unusual sucess rity-and with
The Manila market was closed since the investing public, having such had" no experience with practices, ure entirely ignorant as to their real significance.
BUYERS
HK Banks, $1,735. Bank of East Asia. $83. Canton Insurances. $285. Union Insurances. $590. H.K. Steamboats, 57. Venz, Goldfields, $8. HK, Hotels. $5.55.
Humphreys, $94.
H.K. Trams; $12.45. Star Ferries. $934. Yaumati Ferries, $25. China Lights (New), $104. HK Electrica, $53. Telephones (Old), $28. Ewo Cottons, Sh.$12.60. Govt. 4% Loan. 8% Prem, Govt. 31 Loan. 3% Prem.
·SELLERS
Providents (Old), $14. HK. Lands, $381. China Lights (Old), $14. H.K. Ropes, $3. Dairy Farms, $21.
SALES
Union Insurances, $595. HK. Wharves, $109. Providents (Old), "$1.85. - HK Trama $124. China Lights (Old), $13 90. HK. Electrics, $53-533. Govt. 31% Loan, 31% Prem.
"Gold bricks," made of brass, are Anding a ready' sale, as usual- this seems to be inevitable, and Do amount of publicity can con- vince, the public that anyone who has real gold to sell will have no difficulty in disposing of it to the mint.
Baiting seems to be a promising field for those so inclined; ára 1 seems that there is no lack of salters. Salting in the Phil'pplies, however, seems to be done on a more elaborate and complete scale than elsewhere in the world. if we the are to believe the tales of salting of thousands of samples. over more than a year. Competent engineers are not salted for long, of course, and stories of continued. tampering with samples shoul not be taken at their face value,
The old chestnut of unusual assaying practices has been drag- ged out from the moth balls and has been offered for the consump- tion of local gullibles. "Our ore is most peculiarit must have a different assay treatmen!" chortle the promotem; while those who have even a faint idea of the prin- ciples of fire assaying laugh.
Mining properties whose sole
REICHSMARK RATES claim to glory is their proximity to
Berlin, Nov, 25, The Reichsmark was quoted, (without guarantee) at:---
'New York
40.24 €68.0.
74.20
Paris.... Amsterdam London
....12.17
Paris Sterling 105.13 to 105.18 UBA, Dollars 21.488 to 21.49 Franagcean Kiwi Serview
producing mines are being sold by the dozen, notwithstanding the fact that nearness to richness means less than nothing,
8 year ago, but it "We had gold & has been leached to lower depths during the past year" is another statement which sounds reasonable to investors who fall to understand where the ore reserves of last year Modern have gone to now.
The names of prominent men are taken in vain to boost miring companies: the papers are full of denials by these prominent men that they have never heard of the companies they are supposed to
read.
Bank is conducted by the HONG KONG & SHANGHAI BANKING CORPORATION. Rules may be obtained on application.
For the HONG KONG & SHANGHAI
BANKING CORPORATION.
V. M. GRAYBURN,"
Chist Manager. Hong Kong, 24th February, 1936.
THE AMERICAN EXPRESS CO., ING.
Incorporated with Limited Liability in U.S.A.
HEAD OFFICE:
18, PINK STEZNI,
NEW YORK.
An American Bank offering com
plate Foreign Banking Bervice in the principal Markets of the world.
Interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by
THE QUARE NATIONAL BANK, NEW YORK, with Resources over U.S. $2,027,000,000,00
D. M. BIGGAR,
Manager.
THE YOKOHAMA SPECI BANK
LIMITED
Capital (fully paid up)
Yen 100,000,000.00 Reserve Fund Yen 130,000,000:00
$
HEAD OFFICE: YOXOHAMA
BRANCHES AND AGENCIES AT: Alexandria Honolulu Rangoon Bangkok Hinking Rio do Batavia Karachi
Kobe
Janeiro San Head Office: 65 BHOADWAY, New Youx Barlin
Francisco London. Bombay New companies are taking over
Los Angeles Seattla U..$4,000,000.00 Calcutta mining properties that were con- Capital
U.B.$2,940,344.38 Canton Manila demned as worthless years ago; Burplus.
Reserves...... U.S.# 87,612.65 Dairen Moji but the sale of stocks in such com-
(Daisy) Nagasaki Singapore. pantes are flourishing. Wild rumos Amsterdam The Hague Montrour as to freak geological occurrences | Antwerp and the existence of minerals Athens under unheard-of conditions are
common.
扑
RETAIL SALES IN BRITAIN
This
London, Nov, 25. Board of Trade Journal scates that the money value of re tail sales reported for October was 7.4 per cent above that for Octo- ber, 1835 Sales expanded in all districts.
Basle
Berlin
Bombay Brussels Cairo
Calcutta
Cannes
Colombo
Semarang
Shanghai
Fengtion Nagoya
Soerabaya
(Mukdeny New York Sydney
Hamburg Osaka.
Tientsin
Hankow Otaru
Tokyo
Tsingtao
Hong KongPeiping
Yinkow
Rotterdam Shanghai
Singapore
Hamburg Munich Harana Naples Havre Nice Heidelberg Paris Intertaken Feiping Jerusalem Piraeus Liverpoo! Rome London
Lucerne
Lugano
Harbin Pariz
Interen allowed on Current Ac- counts.
for Fixed
Deposita received Periods at rates to be obtained on
Copenhagen Luxor Southampton application,
Dublin
Tientsin Manila
Edinburgh Marseilles Venice.
Florence Milan Genera Monte Genos
Carlo Glasgow Montreal
Vienna Yokohama
Zurich
Branches of American Express Company in Principal Cities of United States of America and Canada,
Y. "KANO,
Manager. Hong Kong 13th Nov., 1030.
BANK OF EAST ASIA, LIMITED.
Authorized Capital ...$10,000,000.00 Paid-up Capital 5,508,800.00
W
Total sales in the nine mont
All classes of Commercial Bank-Reserve and Undivided February-October, 1936, was 6 per
Prosta ...... cent. greater than in the corres-ing Transactions undertaken.
Personal investment accounts ponding period of 1935. The ad- vance continued to be most notice- handled. able in the South of England and
suburban London--
Wireless British Wireless.
HONG KONG
SHAREBROKERS"
ASSOCIATION
BUYERS
Banks, $1,725. Star Ferries. $93." Entertainments $3.10. Consol. Mines, 51 cts.
SELLERA Providents Old. $1.75.
· Lands, $38, Trams, $12.55. China. Lights CD. $14. Electrics, 3534. Cements, $112. Consol. Mines, så eta
SALES Electrics, $534-534 Bla Cecelia 51 cts.
The Company offers to intending No. travellers the use of ita "Travelers Cheques", and Letters of Credit and, in addition the world wide services of its thoroughly equipped Travel Department.
C. H. BENSON,
General Manager.
"People Who Matter'
PEOPLE WHO
MATTER, to the advertiser are the people who can afford to buy his goods. Most of these people buy and read the
2,635,395.12
HEAD OFFICE:-HONG KONG
10, Des Voux Road, Central,
Board of Directors ?
Bir Shouson Chow, Chairman'
Li Koon Chun, Esq. Li Lan Sang, Esq. F. E. Kwok, Eaq. WongChuson, Ka Wong Yun Tong, Kag, Kan Ying Pu, Est. Chan Ching Shel, Esq.
Kan Tong Fo, Esq., Chief Manager, Li Tre Fong, Esq., Manager.
Branches, and Agencies :----
Day
· Mowloon
Penang
Bourncaya
London,
Bangoos
Bikbay Osta
Marila
Baigon
Svate Brodey
Malbournb. But Fran-
Talboru
Butle
Toky
Ор
Haiphong
Bankow Hepolaka Xobe
New York Uwaka
Bemarang Yannetter
Parla By Mianghal Tokohama Palping............ Mipaspora ..
Every description of Banking and Exchange business transacted. Loans granted Becurities
spproved
Current Accounts opened Local Currency and Fixed De posits received for one your or shorter periods in Local and Foreign Currencies on terms, which
Hong Kong Daily Press,ill be quoted on application
Rafe Deposit Boxes To Let. KAN TONG PO
Chlef Mimager