HONG KONG DAILY PRESS, MONDAY, JANUARY 25, 1937.
LONDON EXCHANGE RATES
12
DAILY SHARE QUOTATIONS
Hong Kong Stock Exchange
H. K. STOCK
EXCHANGE
Sharebrokers'
Association
dayaa
Ballach
dalen Nom
SATURDAY.
·JANUARY, 23.
Bayers
Baline Homina
Banka
#1111
1,877
HLR. Banks
$1,280
Bo. (London) ***] Chartered Banks ...
2114
£3
2141
183
Mercantile Biks. "A"
Do
Bank of East Axis...
216)
£ani
CM
214
N. O. &S. Bao ka`....... Insurances
$305
Umaton InsuPE(1000,.
$3011
26:10
Union Insuranoda ...
Jesz
11
Underwriters
Chipa Fires
cons
1301 H.K. Fires.....................
International Azzos, J.
70 sta $470 850
SATURDAY'S OFFICIAL QUOTATIONS
Saturday, Jan. 23. The market closed arm with general enquiries for utility issues at higher rates than yesterday. **The Manlia market is easy.
BUYERS
Union. Insurancës, $820.
H. K. Docks, $14).
H. R. Hotels, $5.60
H. K. Trama, $12):
B. K. Electrics, $55).
Bhai Cottons '(old), Sh.$85. S'hal Cottons (new). Sh.360. Wing On Textiles Bh.444. Clovt, 4% Loan: 8% Prem. Govt. 31% Loan, 3% Prem.
SELLERS
Shipping
430
Douglases KOLLOKKA
$10
$7.40
Steamboats, active
Star Ferries, $93, .........
$7
136
indos (pref-) .........**
$35
SALES
196
Do. (del) *********
$36
H. K. Docks, 314.89.
135/4
Stella
136/-
H. K. Lands, $34,343.'
#101
Waterbosta
$101
H. K. Trams, $12.80.
Mining
China Lighta (old), $13.60/.65,
Star Ferries, 102);
Parla Geneva
Berlin
Athens
Milan
Copenhagen
Stockholm
(British Wireless Servicn)
Jan 21 105-11/64 29.40
12.191
Jam 29. 105 11/04 21.41
12.20
93 3/18
BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorised Capital ..... $50,000,000 Issued & Fully Paid Up 190,000,000 Reserve Fundi :--|
Starling
Hong Kong Currency:
..£6,500,000
Reserve ...........$10,000,000
Reserva Liability of
·Proprietors ....................0,000,000
Head Office:- HONG KONG
THE CHARTERED BANK OF INDIA AUSTRALIA AND CHINA Incirporated by Hayek Charter, 1863
HEAD OFFICE: LOKICH.
Paid-up Capital....... Reserve Fund'.... Reserve "Liability, of Prai
prietors...
****** 22.000.000
* £3.000.000
83.204.000
Agencies and Branches:-
ALOR STAR ALDILA ANLITHAR {PUH ΚΑΠΟΙΟΣ KARACHI
Shanghai DUTEDOROSCO
New York ....
Amsterdam
093
4.80-7/16
8.852
4.90 5/16 8.95+
Vienna
SAIGON --SEMARANG
Prague
140)
1401
Madrid
Llibon
Board of Directors, Hon. Mr. J. J. Paterson,
BATAVIA BOMBAY
KLANG.. KOKE
SHANGHAI
BINGAPORE
Hong Hoa
1/3-31/32
Mi Chairman. | CALOUTTA
KUALA
SITIAWAN
Bombay
1/6 9/64
G. Miskin, Esq.,
CANTON
LUMPUR
BOURANATA
Montreal...encan
4.903
Kolam Deputy Chairman, caWNPORN
LUCHING
TAIPING
Brussels
29.12
Yokohama
I/1-31/32
29.101 4.901
A. H. Compton, Esq.,
CARO
MADRA
TIEHTOIN
Hon. Mr. . H Dodwell,
M. T. Johnson, Esq.,
Belgrade
J. R. Mason, Eaq,
Monte Video
COLOKRO DELHI HAIPHONG HAMIDRO HÁNKOW
MANILA
TONGKAR
MEDAN
HÈW TÔNE
PRIPING
WARDIN
Rio
Bucharest
Silver" (forward)
silver (spot)
War Loan
105-1/16.
Closing Quotations
314.
114.85
**UŠUN
--
Balatocs.............
Gold Creek........ Salacots..... Kailana
Langkata (singio) d. Explorations..... Shanghai Loans 5:
$1285 Kauba omYAN Venozuola Gold Flux. Docks, Wharves, Godowns, etes. H.K, & K. Wharton. Do. (old)
20 ct.
$90
Do. (now)...)
«Providents (old)) ...{
Do.
(now)
H.K. W. Docks
S. Chins Motóra 'A' Shangnai Dock S
Now Engiaseringat.
Hongko
Lands, Hotels, and
Buildings
H.K. Hotels......... $0.00 $0.80
$110
$1.00
$5
134/34)
H.K Lance.........8. 134
$100
Do. 4% Debentures #102
116
Shanghai Lande....
$10
14
TH.K. Healties...!
$4.60
161
Do. Delentaroad.
191
576
Metropolitan Landa..
China Du...
Humphreys ......... Chinese Ealaton......
Cotton Mills
1181 Ewos. S'hi Coltona(old)S.
Zoung Sings S
Tramwaya
16/-
+4
$181
43
$100
$1.80
$14
$90.
14
1341
China Lights (new), $10.95.
H. K. Electrica, $551. Telephones (new), $10.40. Cements, $102.
Consolidated Mines, 07 cts.
E. Mindanao, 71 cts, Gumais Goldfelds, 63 cts.
Ipo Gold, 51/52 eta. Northern Mining. 33 cts. Ban Mauricio, $5.40, United Paracale, $2.10. Tinagos. 46 cts.
Nielsons, 83, cts.
THE EXCHANGE MARKET
MESSRS. ROZA BROS.
Saturday, Jan. 23.
Silver prices dropped 1/18 yes- terday for both deliveries, the quotations being 20 7/16 for Ready and 20 5/16 for Forward. 6dver advices indicated some Indian and 118.60 general selling. The market was steady but quiet. After the official fixing a small business was done at the fixed rate. American Bilver was quoted at 442 for Spot.
རཱ བ དེ 1 །རྞྞ། 13དྡྷིa82 zaཙྪིནྟཱི ཨཽ 11
180
10. (new B.
$31
$44
Wing On Textilos(8.)]
Public Vili£lum
$19
$18.00
memi
$19,80
Posk Trains (old).....İ Do.. (new)...)
393
$921
Star Ferrios.......
o d
$26
$14:30
$13.60
$501
13.00% 65 $10.36 1561
Day
prox. prem.
134
320
310.10
$11
27/
$10
Yaunisti Ferries
China Lights (old).
Do. '(new)....
HK. ectrica .................. Staeno do
Baudakan Lights ........
1901 | Tolophones (old)
Do. (now) Chinn Bases .................
Tractious d
Do. (prof.)...
Industrinia
$19 Caldbeckor.
gregora (prof.B.
1xus Canton Icos
Allscellaneous
122 Dairy Farros ......
$281
Malabon Sugare
815.
$LOP
Cemente
$24
+
Ropes
Constructions, (old)
Amaraments ......
SIL
Ch. Etainments........
302
Lane Crawforde......
931.
$51
Do.
(DSW)
Mackintoahs......... Nanyang Tobacco... Bincores Watsona Win Powells M. Greyhounda 3. C. Enterprises ChG.5%16250 Bd.
100
11.70
$10.80
$2.80
$23
CERLEPERiivii
$1.70
(3 ota 16.90
14)
$2.10
14
$1
96%
$108
$10
561
*Bales to Shanghai
*HB. Govt, 4%Loans
Da. 31% Wallace Harper ELK Wing On S'hai Do
Vibro Piling
HONG SONG VIDE TABLE
BONGKONG
From January 25, to 21, 1937,
Hion Waren.
Hong Kong Standard
Time.
09 53
30 31
Height
LOW WATER.
Hops
Kong
Standard
Τίτιο
Height
Hong Kung vomarvswory, Jan. 23. + ||Previous|On Date,Un Date
Day
at
at4 p.m. 10 p.m. || 4 j.m.
Barometer... 30.07 80 28 30.66 Temperature
Wind-
Humidity:
h. m.
Mon. 25
43
03 10
0 8
9
12 12
18 6
Tacs. 20
Wed. 27
1025
03 35
21 10 1455
79 4B
Direction Forca Weather Rain...
16.02 8.1
o's0 b 6
12.0
Thur, 38
Fri, 29
Bat.20
Jan. 31
1165 11283.8
92016.01
1220
2345 63
19476.
05 10 10 9
1620
05:40
57 75
59
80
The London/New York Cross- rate was quoted at 4.90 5/16. New York/London was quoted at 4.90 11/32.
MARKET
Steady but dull,
STERLING
No business was reported. The market closed with sellers at 1/2 31732 January/June, buyers at 1/3 for any delivery.
US. DOLLARS
Nothing doing. There were sellers at 30 January and 30 9/16 February/June, buyers at 30 11/16 January and 30 March/June.
SHANGHAI DOLLARS Sellers' at 102 9/18, buyers at 102) for cash,
SHANGHAI MARKET There were sellers of Sterling at 1/2 19/32. buyers at 1/2 for cash. US Dollars, sellers at 29 13/16, buyers at 29 for cash.
KWANGTUNG RICE SHORTAGE
..
Canton, Jan, 22.- In view of the acute rice shortage in Kwangtung, the local authorities are willing to pay 50 per cent. of the duty on imported rice on behalf of the importers: The Ministry of Finance has handed down a ruling that in shipments of rice less than 300,000 piculs one half of the duty may be deferred.
Canton has for years depended on Stam and Indo-China rice im ported by Hong Kong merchants. Native rice is stated to be on their way here from the North, by rafi and steamers, but rice prices stili remain high. Poor people plun dered rice shops in the interior.
The local crops were bad last year owing to the early drought Union News.
SINGAPORE RAW. RUBBER
Lates Singapore Prices
Hong Kong, Jan, 23 Meera. H. B, Joseph & Co., ze- eived the following quotations
iljghest open-air Temperature, 22:81 from Singapore in Btraits Cur Lowest open ali. Topp ars, 18:55 Teney for Raw Hubber::
R=Blue_sky; C=Cloudy; P= Drizzle Flog, L-Lightning;Feb-Mar.
17 16 29. M»Mist; O-Oreroset; P-Fassing 06 07 3.7 Bhowers; J-Aqualis; BBain 18.00 3.0T Thunder..
Buyers
351 Up
Spot,
-Apr-June
July-Sept...
Market:-Uncertain.
351 Up t 351 Up i 351 Up 1
On LONDON:-
K. 6. Morrison, aq...
T. B. Pearce, Esq.,
A. E. Shitida, Esq.
V. M. Grayburn, Esq.,
Chief Manager.
Branchen: Iloilo Paiping
Amoy
Bangkok Ipoh
January 23, 1939.
Où New York:-
Batavia
Jobors
Bank Billa, on demand 307/16
Bombay
Kobe
Penang Rangoon Saigon
Telegraphic Transfer... 1312 Bank Billa, on demand Credits. four months
aight
Credita, 60 days' sight. 2013/16
Calcatta
29/39
OX BATAVIA:
Canton
On demand
.............. BB1
Chefoo
ON PARIS:-
Colombo
1/3 3/32
ON SHANGHAI: --
On Demand
ON SINGAPOES:---
On demand
On JAPAN (non,
On demand
Oh India
Bank Bills, on demand 65* Oredits, 4 month's sight 279
On Saison:
On demand.
ON MANILA.
On demand .........................
ON BANGKOK-A
100%
On demand
1401
SOVERLIGNS Bank Buying
Bata
BAR SILVER, per où
1/3 1/32 20 7/16
Telegraphic Transfer as Bank, on demand..........
FRENCH FUNDS
DEPLETED
Credit Sought From Foreign Powers
►
BERLIN SHARE MARKET
Berlin, Jan. 23. Almost complete stagnation pre- valled in the share market at the week-end, price movements as on
been
in
Kowloon San Fran- Kusta
London
€1500
Lumpur Shanghai
Bingapore Dairen Lyons Sourabaya
Malacca Bungel Foochow
Patoni
Haiphong Manila
Hankow
Hamburg Muar Tientsin
(Johore) Tokyo: Harbin Mukden Tsingtao Hongkow New York Yokohama
in
Current Accounts opened Local Currency and Fixed Deposits received for one year or shorter periods in Local Currency and Sterling on terms which will be quated on application.
Also, up to date Safe Depoalt Boxes in various sizes To Let Hong Kong, 11th Jan., 1937.
HONG KONG SAVINGS KANK
(Peking) PENANG
HONG KONG XINGOON
(Bhuket) TRINITÃO!
TOKOHAMA
AMBOANGA
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSIrs received for On- Year or shorter periods at gator which will be quoted on applica tion/
گاره
The Bank's Head Offos in Lon don undertakes Executor & Trustse business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained as any of the Agencies and Branches.
▲ BREARLEY,
Manager.
"THE CHASE BANK
QUEEN'S ROAD CENTRAL
HEAD OFFICE;
18, PINE STREET,
NEW YORK.
An American Bank offering com- plete Foreign Banking Service in the principal Markets of the world. interest Rates on Application.
SAFE DEPOSIT BOXES
Bank is conducted by the previous days being quite erratic. THE Business of the above
SHANGHAI | This Bank is entirely owned by Even those categories of ibares HONG KONG & London, Jan 23,
THE CHASE NATIONAL BANK, Naw The cracks in the structure of which had
moder- BANKING CORPORATION. Rules
Yon, with Resources over U.S." the French franc, which
last ate demand during the week may be obtained on application,
$2,027,000,000.00. For the HONG KONG & BEANOHA night ominously widened as for where the
price
Axed WEA
D. M. BIGGAE, ward discounts for one month in- once daily by the bourse were
BANKING CORPORATION. creased to one frane and three scarcely sought at all on Saturday, months to 2.18 francs, somewhat narrowed to-day
Keen interest was shown in Dr. Schacht's speech on Friday analy- Bear speculators, who indulged sing the economic situation, while in fairly heavy selling yesterday, a very favourable quarterly report closed their positions today. when of German Dye Trust made an ex- rumours thas further steps were cellent impression, but even there about to be taken by the French two factors could not tempt Treasury, materialised.
investors out of their re- The French financial position serve, doubtless because important remains intrinsically "precarious, | decisions were not usually made at The French Treasury is only left the week-end. with a further two milliards of Lack of interest in the share
. . . .
possible borrowings from the Bank
market may also unquestionably be
of France, hence other means of | attributed to the successful Lasue hiding over the French Exchequer of the new Prussian loan and the during its low water period must series of industrial bonds amount- be found.
ing already to over 100 million Reichsmarks, this drain consider ably reducing liquidity of the mobay market OP
Owing to the impossibility of obtaining funds internally by long- term loans at a reasonable inter- est, the opinion is stated that cre- dit from Britain, and possibly the Netherlands, will be sought.
It is believed that the British Treasury is not too enthusiastic to grant credit, even, it it is: backed
dit.
Trueocena New Service..
GERMAN ECONOMICS
F. M. GRAYBURN,
Chief Manager.
"Manager.
Hong Kong, 4th February, 1936. THE YOKOHAMA' SPECIE BANI
THE AMERICAN EXPRESS CO., INC
Incorporated with Limited Liability la. U.S.A.
ah kal
LIMITED
Capital (fully paid up)
Yen 100,000,000.00 Reserve Fund... Yen 130,300,000.00 HEAD OFFICE:-YOKOHAMA
BRANCHES AND AGENCIES AT: Alexandria Honolulu Rangoon Bangkok Hainking. Eio do" Batavia Karathi
Janeiro Berlin Kabe Sen
London" Francisco
Head Office: 6 BROADWAY, NEW YORK Capital Surplus
U.8.02,840,344.38 Reserves U.S. 897,615.35 Amsterdam The HagusMontreux Antwerp Hamburg Munich Athens Basle Berlin
U.S.$8,000,000.00 Bombay
Havana Naples Havra Nice Heidelberg Pariş
Bombay
Interlaken Peiping
Brussels
Jerusalem Piraeus
Cairo
Calcutta
Liverpool Rome London
Los AnguiesBeattiă --
Calcutta Canton Manila Dairen
Moji
(Dalny) Nagasaki
Fengtien Nagoya
Semarang
Shanghai
Singapore
Soerabaya
(Mukden) New York Sydney
Hamburg Osaka Tientsip
Hankow Otaru
Harbin Paris
Hong KongPeiping
Tokyo
Twingtao
Tinkow
Interent allowed on Current Ae- counts;
Deppaita received for Fixed Perioda at rates to be obtained lab Southampton application.
Y. KANO,
Manager.
Berlin, Jan. 23.
Rotterdam Another convincing proof of the Caboos
Lugano powerful economic recovery in
Shanghai Colombo Lucerne Singapore Germany is found in the official Copenhagen Luxor statistics just published. 168 mil- Dublia Manila Tientsin lion tons of pit coal were raised in Edinburgh Marseilles Venice Florence Milan Vienna 1936 as against 143 million tons in
Geneva Monte *Yokohama 1995. In other minerals the pro- Genos Carlo Zurich
Glasgow Montreal portion is:--
by gold, because it is feared. it might induce French capitalists to send further funds to London in order to participate in the cre- Doubts are entertained whether a reduction in the franc lower than the permissible limit will re- sult in the restoration of con-
Lignite 1936, 181 million tona,
1935, 145 million tons. Adence of the French public, who might interpret the step as the
Coke 1936, 38' million tons,
1935, 30 million tona. "forerunner of further dévaluation.
Well-informed quarters in Lon-Transcan News Sormice, don are of the opinion that it is pot too late to reap the full bene- ft of devaluation if only the Gov- ernment decides to make peace with the French capitalists by re- scinding the penal measures Reuter
REICHSMARK RATES
Berlin, Jan. 23. Reichsmark quotations without guaranteem
b
MR. JOHN AMERY'S AFFAIRS
Mr. J. John Amery, aged 24, son of Mr. L. 8. Amery, a former Co- lonial Secretary, attended the first
meeting of creditors in connection with his bankruptcy proceedings at the Reading offices of the Oficial Receiver (Mr. ́ ́J. B. Blm- mons) recently. He was described as a company director and film producer, and his address was given" as "Ditton Lodge; -Malden- head.
New York 40.23, :: Paris 863.
The receiving order was made on Amsterdam low 73.45, high 73.41. | November: 27"Mi Amery's· "slate- London 12.1952% De Papel
ment of atairs showed that his Sterling low 195.15, high 105.16. grosi Uabilities, all expected to Fank for?" dividend, were £5,081, Dollar low 21449, high 21252
There were no "assets. "Proots" "of Tensores Nees Servinn
debt amount to 23,881, mainly in respect of loans from moneylend- ers
FRIDAY'S RATES The Reichsmark was quoted, without guarantee
New York 40.29 Paris 884 kp
Amsterdam 73:45)-
London 12.1075, "
*
According to the statement of the Official Receiver several hun- dreds of pounds had been spent by Mr. Amery visiting the Con- tinent to take capital-for-floating film companies. It ma USA.Mr. F÷ 8. Balaman, a chartered acountant, was appointed trustee with a committee of inspection,vt
Paris quoted the pound sterling at 105.14 to 105.18 and the dollar at 21:451 to 21454 Trankoccan Netan Servic
Branches of American Express Company in Principal Cities of United States of America and Canada,
Hong Kong, 13th Nov., 1830.
BANK OF EAST ASIA, LIMITED.
Authorised Capital ...$10,000,000.00 All classes of Commercial Bank-Paid-up Capital *****5,508,800.00 ing Transactions undertaken.
Reserve and. Undivided Personal investment accounta
Profite handled.
The Company offers to intending travellers the use of ita "Travelers Cheques" and Letters of Credit No. sad, in addition the world wide services of its thoroughly equipped Travel Department.
E. W. DUGGAN, Manager.
"People Who Matter'
PEOPLE WHO MATTER, to the
Sdvertiser are the people who ma afford to buy bli goods. Most of those people, buy and read the
8,686,385.59
HUD OIO-HONG KONG
10, Des Voux Road, Central
Board of Directors
Bir Shonson Chow, Chairman Lá Koon Chan, Eaq. Li Lan Sang, Esq. P. K. Kwok Lage WongChnson, Faq WongYurTong, Baq. Kan Ying Fő, Esq. Chan Ching Shel Ragpuan Lord u.
Kan Tong For Bik
'Chief Maneger The Fong, Esq, Manager.
Branches and Agencies s
London-3: Rangoon
Amoy
Dots buy
Daloutta
Hankow
Kobe
Petping
· Sensizung: Vancouver Shangbal Хоковинал
· Every · description": of. Banking and Exchange business transacted. Loan ginted on seomrities die
Current Accounts opened Local Currency and Fixed De ponita - received for one year Mar shorter periods in Local it and
Hong Kong Daily Press, Foreign Currencies on foring which
will be quoted on application.
Hafe Deposit Boxes To Let #KAN TONG PO
Chef Manager.