MONDAY. FEB...

Wayne Ballara

Sales

Banks

1st February, 1937

$1,870

8.5. Bak

$1,270

30th Jan.

Time Received

Do. (London).

$114

B.

$.

E16

Chartered Banks

216)

2321

Mercantile Bks. "A"

£39

Closing Raten

9.44

9.44

12

DAILY SHARE QUOTATIONS Hong Kong Stock

Bayou

Bullees

Exchange

دلمه

Sharebrokers' Association

HONG KONG DAILY PRESS. TUESDAY, FEBRUARY 2, 1937.

H. K. STOCK EXCHANGE

AND

H. K. SHAREBROKERS' ASSOCIATION

Philippine Gold Mining Quotations

BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION

Authorised Capital ...... #50,000,000 Issued Fully Paid-Up 220,000,000 Reserve Funds: ---

Starling

THE CHARTERED BANK OF INDIA - AUSTRALIA AND CHINA

J

Incorporated by Royal Charlir, 1933

HEAD OFFICE: LONDON-

Fald-up Capital -3.000.000

Bauerva Fund ................... 83.000.000 Reserve Liability of Pra-

priators......

£3.000.000

Agencies and Branches- STAR ILOILO

**

Hong Kong Currency

Reserve......

£3,500,000 $10,000,000

Reserve Liability of

clos

blog.

Proprietors

$20,000,000

9.52 103 10.95 10.35 10.47 11.04

9.40

9.30

3.04

3.38

3,40

€141

Do.

༥G*

Head Office:HONG KONG

ALO AMRITSAR IPOR..

SAIGON

214)

SEMARANG

$83

Bank of Rast Asia...

BANGIDI

KARAOHI

184

BISMBAN

Antamoks

1.05

1.85

1,70

1.70

1.70

N. O. & S. Hacks ... 1surances

Board of Directors.

BATAVIA

KLANG

SHANGHAL

Atoka

35

M

08

Hon. Mr. J. J. Paterson,

BOMBAY

13:0 1820

Swatoa luceata 1000,

$316

Baguio Gold

33

33

31

23

16821

Unton Insurances ... Underwriters

1820

50

Benguet Consol

14

13)

14

G. Miskin, Esq.

W

Chairman. SALUUTTA

CANTON

КОВЕ KUALA

BINGAPORE

BITIAWAN

LUMPUR

BOUNAHAYA

$301]] H.K. Firos poem

3300

1310

Bengues Explor

21

21

ga

13 interumtionai Aşsee. 3.

***

***

Big Wedge

... 30)

40

Shipping

Coco Grove...

KH

84 8B

$30

Douginos

130

Consol Mines

***

.06

05.08.08į

39

.00

| |

Deputy Chairman. | CAWNPORK

KUCHING

TAIPINO

381

A. E. Compton, Esq.,

MADHAB

TIENTS IN

Hoa. Mt. S. H. Dodwell,

1. T. Johnsori, Esq.,

COLOMBO DELHI

MANILA

MEDAN

TONGKAR

(Bhuket)

THR

37.40

Stanitxa

135

Undos (pref); con

$35

Demonstrations

1.00

136

Do. (def.) a

136

G. Goldfields

... 35

134/4 vide

134/4

#10)

Waterboats

Itogons

1.80 1.70 1.30

I. X. L.

***1.70

!!

42

:::

i

17/9

Kailanı

+44

18/-

Masbates

53

laubs

18

$18

1074

20 ct.

17.8 10

$10

Vettese old Fld.. $7

Docks, Wharvas,

Godowns, etc.

EL.K. & K. Wharton) $108

11.80 Provideats (old) ... $1.tu

BIN

(Daw) Do. H.K. & W. Docks Shangani Docks S. $100

New EngineeringsS.

201

**** $12.70

*

Min. Resources

.

Northern Mining

10)

Paracale Gamaus ........ 86

San Mauricio

3,25

3.20

Suyoc Consol

54

10 ot..

United Paracales

· 1.40

F. Mindanao

#11

379 287 188 397

1.00, 1.00

351

38

1.80

1.75

100

58

41 42)

10

18+

19

180

89

97

Ащоу Bangkok Batavia

3.30

3.25

54

3.20

52

Bombay

Kobe

Peiping Pentang Ranguon Saigon

Calcutta

Canton

Kowloos Kuals

1.40

1.30

Chefoo

$1 43)

40%

Colombo

Dairen

Lyons

Foochow

Market Comment,

S

5

Q S

S Easier Q

Q

Q'ter Q

D Ensier

Haiphong Manila

Hamburg Muar

Tientsin

J. R. Masson, Eng

K. S. Morrison, Esq.,

T. E. Pearce, Esq.,

A L. Shields, Esq.,

V. M. Grayburn, Esq.,

Chief Manager.

Branches: Iloilo Ipob Johore

Зад Fran-

cisco Lumpur -Shanghai- London Singapore Sourabaya

Malacca Sungei

Patani

(Peking)

PENANG

HONG KONG HANGOON

ΤΟΞΟΒΑΜΑ

AMBOANGA

FOREIGN EXCHAxon and General Banking Business transacted.

QURRENT ACCOUNTS opened and FIXED DEPOSITS received for Oa Year or shorter periods at rate which will be quoted on applica tion.

The Bank's Head Office in Lon.. dou undertakes Executor & Trustoo business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained as any of the Agencies and Branches.

A. BREARLEY,

Manager.

HALPRONG

NEW YORK

TSINGTAO

KAMUONG

PRIPING

BANKOW

BARDIN

Lands. Hotèla, and

Bui dings

$8.00

H.K. Hotela

$5.05

134)

.K Landa.................... S.

$31)

#106

Do, 4% Lisboatures $12

16

BIG

Shanghai Lands....

Metropolitau kauda..

14.40

4

$1

Chidë Do

180

Du. DeboutuUVĖKI,

191

Humphreys

$76

hine Etleg.

Cotton M

$16.60

$100

$76

Ext

TU

S'hai Cottons(uld,S.

LONDON EXCHANGE RATES

(British Wireless Service)

Jan. 23.

#105-9/64

21.431

Jan. 30.

105 5/64

12.171

24.403 12.17

93-3/32

93 1732

Paris

æ ã

Geneva

Berlin

Athens

$16.60

Mån

486

Copenhagen

160"

17

fuew S.

Stockholm

St

31

Zoug Sings.....5

Shanghai Surumunun

Wing Un Textiles(15.)

$44

New York

4.89%

A.893

Amsterdam

8.94

8.941

$121

cd

Vienas

Punk Teams (olil)....

32

Prague

1404

(now)

193

Madrid

Star Forrice.

Sib

$241

Lisbon

113)

Hong Kong

711.10

Bombay

Montreal

Pablo Utilities

Tramways *****

11.9

1501

H.K. Electrica

190

Macao do

$10

120+

2777-

Tractions

97/-

Do (pretų....

$11.20

!!!

!!!!!

12

21.

Yauunti Ferrio

$13.90 China Light (old)

Do. (new) 1054

Saudaken Lights

Toloptunes (old) |---| $10.80

Do. (new)....

China Busus... S.

Industrials

$19 Caldbeck, Lord. “

$16Macgregora)(prof.B.

$2.00

Canton Icon

Cement

Ropes open

Miscellaneous

Dairy Farmas

2

543

$3 jdzącts

(20W)]

Lane Crawfords..... Nanyang Tobacco..

Sincered.....................ser e Watsons. W. Powalls. 1.8.0.

C. Enterprises 9377,Ch.0.6% 1995G. Bds.

HE.

GOFL 4% Loans Do. 33%

Wallace Harper .....!

Brussels

ملو

4.90

4.897

Yokohama

29.07

29.01

Belgrade

Monte Video

Bucharest

Silver (forward)

Bliver (spot)

$1.70

War Loan

11.40

14

On London : --

201

20-7/16

201.

103-15/16

1401

Closing Quotations

February 1, 1937.

Telegraphic Transter.. 11/2 Bank Bills, on demand 2/33 Credits four months'

ཐ**

On Demand.

ON NEW YORK:---

Bank Bills, on demand 302 Credits, 80 days' night. 301 ON BATAVIA:-

.

On demand .................. 55 ON PARIB:--

Bank Bille, on demand ess Credits, month's sight 676 ON SAIGON:-

On demand

22

B42

Ch. E'tainments...... Chustructions, (old)

Do.

$211

$4.

$1.70

16 ota.

$8.90

sight

1/3 2/32

38-10

·ON SHANGHAI :--

13.50

102

(80 ute

66

ON SINGAPORE:-

On demand

521

ON MANILA:----

prox. 62 ∙prem. 11%

On demand

$108

601

On JAPAN:-

$10!

СЫ ВАНСКОЕ: -

On demand

******* 108

$50

B.K-Wing On .......

་་

1+

ON INDIA:

On demand.................................148) SOVEREIGNS Bank Buying.

S'bai Do.

*61

1/3 1/39

154

Vibro Piling

$151

Bank, on demand 2

201

*Sales to Shanghai

HONG KONG TIDE TABLE

Date of

Height

HONGKONG METEOROLOGICAL

REGISTER.

Fri February to A. 1837.

HIGH WATER.

LOW WATER.

Kong

Time,

Hong Standard Standard

Hong

Koug

Timo

b. m.

h. n.

ft, in.

Tues 2

00:30:00

07:00

2 D

1341 4

2004

Wod. 3

0

65 4

07 20

Barometer.. 29 7D" 30 11 Temperature 73 Hamidity 87 Wind-

Direction! 88W

OR

Hong Long Ubservatory, Feb. L

Provio Or Date On Date

Day at

at at 4 p.m. 10a.m. 1'4 p.fn.

30.04 59

07

NNE

BC

N

1420

Thur.

4

UI 35

Fri.

6

16 08

Bat.

6

27 14

-800.

Mog

18 10

18 11 6

09 424 0

(90). {7 0}

00542 6

20 01 35

0207 15

Force Weather Rain Higher open-air Temperatury, 31:74 Lowens open air Temperature, 1;50]

12 20 381 T~Thunder.

Hong Kong Bank Dividend

Telegraphic Transfer...

Bato

BAR SILVER, per ok susan

Japan's Attack On

The Pacific Trade

total insurance results indicated.

A cry has recently been raised, good as any in the world and those that if England does not look out which were even worse than the Japan will be monopolising the Pacific trade. The boom in con- struction and the increase in sub- sidies are spoken of as though they were a new assault. Farhaps that is necessary in order that the news may appear sensational Actually It is only an acknowledgment of the success of an effort that has been in progress for years

In recent years, however, there has been a great change. The "scrap-and-build" subsidies, it is true, have been almost entirely captured by the bigger lines, but the long campaign against the pm- chasing of obsolete ships from other countries has been success- ful, and, while some ships at only for scrap still recklessly ply the China seus, there has been a gener- al improvement.

.

H. K. STOCK EXCHANGE

YESTERDAY'S OFFICIAL QUOTATIONS

Buyers were in evidence for most of the Public Utility stock and in most cases were willing to pay more than quoted prices. Sellers however were scarce with the re sult that the turnover was very 1 restricted,

Hankow (Jabore) Tokyo Harbin Makden Tsingtao Hongkew New York Yokohama

Current

Accounts opened in Local Currency and Fixed Deposits received for one year or shorter periods in Local Currency and I, Sterling on terms which will be quoted on application.

Also ap to date Safe Deposit Boxes in various sites To Let. Hong Kong, 11th Jan., 1937.

HONG KONG HAVINGS BANK

The Manila market was on the Tank is conducted by the

quiet side.

?

BUYERY"

HK Banks (Lon. Reg.), 115. Canton Inces.. $310.

Union Inces. $620,

HK Docks. $18.

Raubs, $123.

HK. Hotels. $5.60. HK Realties, $4.40.

HK. Trams, $12.80. HK, Electrics, $551. Telephones (Old), $294. Telephones (New), $104. Cements, $114. Dairy Farms, $22.

S'hai Cottons (Old), Sh.$100. S'hai Cottons (New), Sh.$75. Wing On Textiles" 8h-444 Baguio Cold. 54 cts. SELLERS

Peak Trams (New), $14. Star Ferries, $93.

SALES

HK. Wharves, $107. HK. Docks, $17.60-18. Providents (Old), $1,60. Consolidated Mines, 9 cts; Demonstrations, $1.64-1.65.

SINGAPORE RAW RUBBER

Lates Stugapore Prices

ÉS. JOSEPH & Co.

Hong Kong, Feb. 1.

"cived

HE Business of the above HONG 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, 1936

BANK OF EAST ASIA, LIMITED.

Authorised Capital...$10,000,000.00 Paid-up Capital

Reserve. and Undivided

Profits

6,698,800,00

1,685,295.59

HEAD OFFION:-Kera Kona

No. 10, Des Voeux Road, Central

Board of Directors &

Sir Bhouson Chow, Chairman Li Koon Chun, Esq. Li Lan tang, Esq. Wong Chuson, Esq. P. K. Kwok, Esq. Wong Yun Tong, nag. Kan Ying Pu, Esq. Chan Ching Sheir. Eng.

Kan Tong Po, Esq., Chief Manager. Li Tse Fong, Esq., Manager.

Brunches and Agencisi :—

Kowloon Pinang Bombay

Bwslow Reyboa Saigon Braday

London

Melbourne Bas Prun-

THE CHASE BANK

QUEEN'S ROAD CENTRAL

HEAD OFFICE:

#

19, FINE STAENT,

NEW YORK.

An American Bank offering com. plete Foreign Banking Bervice in the principal Markets of the world.

Interest Rates on Application.

SAFE DEPOSIT BOXES

This Bank is entirely owned by THE CHARK NATIONAL BANK, Now. Yonk, with Resources over U.S. $2,027,000,000.00

D.. M. BIGGAR,

Managar,

THE YOKOHAMA SPECIE· BANK

LIMITED

Capital (fully paid up) ..

Reserve Fund

Yen 100,000,000 OG ...-Yen 180,900,000.00

HEAD OFFICE:-YOKOHAMA

BRANCHES AND AGENCIES AT: Alexandria Honolulu Rangoon Bangkok Batavia

Berlin Bombay Calcutta Csaton Dairen

Hainking Rio do Karachi

Kobe...! 보싶다.

aneiro

London Francisod

Los AngelesSeattle

Manila Semarang

Koji

Shangbai

(Dalny) Nagasaki Singapore Fengtien Nagoya, Sourabaya

(Mukden) New York Sydney Hamburg Caska Tientsia Hankow Harbin Hong KongPoping

Otarti

Paris

Tokyo Tsingtao Vinkow

Interest allowed on Current Ar-

counts. Talhoku

ANDY

Hataria

Bombay

Manlin

Calcutta

Cantun

P

Haiphong

Kowe Yark dusitle

Hackow

Usaha

Породия Kobe

de Tlecte Tokro Samarang Vansovar

hanghel Farle Pelping Magsport

Yokoha

Deposits received for Fixed Perióda strates to be obtained on application.

Y. KANO.

Manager.

Mendra, H. B. Joseph & Co.. Te- the following quotations from Singapore in Stralts Cur-and Exchange business transacted.

Every description of Banking Hong Kong, 13th Nov., 1933. cency for Raw Rubbers

Spot

March

Buyers

35 Up 35%

Up t ............ 26

30 Up i

Losus granted securities,

do

approved

Current Accounts opened in

and

EXTRA MANILA

Local Currency and Fixed De- April-June

posits received for one year or | CLOSING QUOTATIONS

Local shorter periode in July-Sept. Market:--Undertone quietly, op- Foreign Currencies on terms which

will be quoted on application. Hafe 31sposit Boxes To Let th

KAN TONG PO, ·

Ovieƒ "Manager.

timistic,

use a Japanese ship whenever he can, while the Japanese buyer fre- quently gives instructions to ship by Japanese vessels.

SHAREBROKERS'

ASSOCIATION

BUYERS Waterboats, $10. Bank of E. Arzia, $83. Providents (Old);>$1.55. Docks, $184.

Hotels, $5.60.

Trams GD $12.80. Lights. (Old), $134.

Gold Rivers, 11 cts.

·SELLERS

Early in 1936 it was reported that

Very often, of course, the ship | HONG KONG every shipyard in Japan was busy

per abroad ignores such instruc- on new ships, but it was not as

A word needs to be såld regard-tions and ships where he gets the B-Blue sky; O=Oloudy; D= though Japan was singular in this Drivin; F-Fog: L-Lightning: respect. After strenuous endea-ing the passenger traffic, especially best service. Goods cannot be re- M-Mist; OOrarcast; P-Passing yours to reduce a redundant mer that on the European and Ameri- fused because of this. But the in-.. Bbowers; Squalla; BBaincantile feet, the nations all seem

ed with one accord to start old building programmes again, Japan is confident that she can compete with the best, and is building ac- silver policy, the dividend was re-cordingly.

OLD DOUBLE POLICY duced by 10s per share. Since

For many years Japan pursued then the recovery in raw materials

a double polley: the subsidised bas materially strengthened the position not only of China but the lines strove for quality, but the On Jan. 12 the directors of the whole of the Far East, Debtors unsubsidised lines used to buy old Hong Kong and Shanghal Bank have been able to meet their com-ships (British more often than not) mitments more easily, while China of the smaller types very cheaply ing Corporation announced a final dividend of £3 per share, making has also benefited by many inter- and run them still.more cheaply, the total distribution 25 10s per nal reforms, and the exchange has The casualties among these were share for 1936, Hopes had been been more stable. Trading condi- frequent, and the London under entertained that the distribution i tions have.thus been more favour writers caused great indignation in would be restored to the level able, and it is possible that the Japan by putting up the rates. which prevailed for many years decision to make no change in the The habit of reinsuring in great prior to 1935, when, owing to dividend disbursement was largely blocks militated against an effec- many disturbances, particularly from a desire first to consolidate, tive discrimination between those Japanese vessels which were as that caused by the United States the ground recovered.

can lines. The courtesy and help-structions are often obeyed, as be- fulness of the Japanese crews, ing on the safe side, and thẻ, Ja-. from the captain downwards, make panese line gets an unfair advant- an excellent impression on tra- age thereby. Buch nationalism, vellera. A great British steamship creates an impossible situation

makes things company for, many years used to Retaliation only exhibit a notice in every cabin to worse.

The question came to a head in the effect that the duty of the ships officers was to navigate the 1938 in the matter of shipping be ship and not to talk to passengers. tween. Japan and the Dutch East The Japanese Hines seem to be able Indies. The Dutch are very much to combine courtesy with efficiency: In favour of Free Trade, but it be. Japan always represents herself came so impossible that not only as the least of sinners in the pre- was an extensive system quotas sent "economic nationalism." But Introduced but it was also arrang- in one, respect she is the worsted that a certain percentage should International trade cannot go on be carried in Datch ships and a smoothly unless shippers look only i certain percentage in Japanese for the best service and ignore the ships. These things hinder and nationality of the ships that carry hamper trade, but an excessive their goods. The patriotism of the nationalism has made freer me- Japanese shippor prompts him to thods impossible.

-ti

Banks, $1,870. H.K. Fire Ins., $310, Unions, $625. Atoka, $87.

Big Wedge, 63 cts.. Buyocs, 88 cts,

BALES

Docka, $184,

· Lights (Old), $13.80. Consol Mines, 091 cts.

E. Mindanao, 70-69. cta. Balacots, 11 ets. Gold Rivers, 12 cts.

Hong Kong, Feb. 1. Extra Manila closing anotations Cgures kindly supplied by Messrs. Ellis & Edger

Homestake

p.m.

Associated Mince; Acoje Mining

.01

18

.18

0125

..015

Dulong!

Gold Creek IDO Gold

.38

Surigao Cons.

Mother Lode Paracale. Gold Balacot

.89 .LA

335

075

.093

Sta Rosa Universal Exp Marsman

Dayaka North Camarines Mambulso

North Mindanao. Syndicate Invést, Development Inc. Tinago

.119

82-

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