BANKS
HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION
KONTA
$50,000,000 Ianted & Eully Paid-Up $20,000,000
AUSTRALIA AND CHINA
·Incorporated by Hijjal Charter, 1957
HANKOW"
TOROKAZA
(Peking), KAMBOANGA
#10)
504
Indos (prof.)
136
Do. (def.)
Wacerbosta
Underwriters
$3014] H.K. Firs anemone
33
Laterastinasi Auses, d.
Shipping
Douglasss
Steamboats Men
$30
12
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Sharebrokers
Association
SATURDAY.
Buycen
Kalim
Bales
Nominal)
Baren
Hallere
Spezia
FEB., 13.
Banks
$1,36.K. Banks
HONG KONG DAILY PRESS, MONDAY, FEBRUARY 15, 1937.
A. K. STOCK
EXCHANGE
SATURDAY'S
OFFICIAL QUOTATIONS
The week has been interrupted by the Chinese New Year holidays trading restricted which have within narrow limits, but quata." tions have been well maintained.
Manila The
market
steady.
$1,955
2114h
[96.. (London) ***}
218
Chartered Banks...
£114
£16
£37t
Mercantile Bts. "A"
£351
£147
Do.
"C"
Bank of East Asia...] $84
2143
N. C. & S. Bakı şə
insurances
$310
Canton Ingars 1000,
* 83121
$020
Union insurance ...
SI
100 at
H. K., Steamboats, $84.
##
BUSINESS DONE DURINGS
THE WEEK
Union Insurances, $820.
LONDON EXCHANGE RATES
(British Wireless Service)
Feb. 11.
Paris Genova
Feb. 13 105 9/64 21.45)
Berlin
Athana
Milan
Copenhagen
Stockholm
Shanghai
New York
105 3,64
21.45 12.171
93 1/32
✓ 12.161
Authorised Capital
나
Reserve Funds: --
HEAD OFFICE: LONDON.
02 31,32.
Sterling
£8,500,000
Paid-up Capital..
£3.600.002
Hong Kong Currency
Reserve ..............................$10,000,000
Leserva Fund
23.000.000
Reserve ability of Pro-
1
prietars
£1.800.000
Reserve Liability of
Amsterdam
489 7/16 8.981
4.89 5/16 8.981
Proprietors
$20,000,000
Agencies und Branches-
ALOR STAN
ILDILA
BAIGON
Head Office:-HONG KONG
Vienna
closed
Progte
1401
140 5/16
AMRITSARI IPUR
BANGKOK KARACHI
OEMARANG
BEREMBAN
Madrid
Libon
Hoar Kone
Bombay
Board of Directors, Hon. Mr. J. 3. Paterson, G. Miskin, E
BATAVIA KLANG
BILANGHAI
BOMBAY Chairman. CALCUTTA
CANTON
KOHE
BINGAPORE
KUALA
MITIAWAN
LUMPUR
NOURABAYA
Deputy Chairman.) CAWNPORE
KUCHING
TAIPING
Montreal
4.391
H. K. Docks, $19, $20.
Brussels
29.048
4.891 29.02)
J. K. Bousfield, Esq.,
PEBU
MADRAS
TURNTRAN
A. H. Compton, Esq.,
COLOMBO
MANILA
TONGKAR
Providents (ald), $1.60.
Yokohama
Hon. Mr. B. H, Dodwell,
DELHI
MEDAN
(Bhuket)
30
H. K. Hotels, $51, $5.55, $51.
Belgrade
31. T. Johnson, Esq.,
HAIPHONG
NEW YORK'
TELNUTAO
H K Lands, $38, $381
Monte Video
J. B. Masson, Esq.
HAKBUSQ
FELPING
$35
+38
H K Realties, $44. $4.60.
K. S. Morrison, Esq...
*
144/4)] Shells Lik
Mining
23/10 Kailans .............
Krabs „kenISCURSIVE
Venezuela Gold Fldw. $7
11/8
H. K. Tramways, $13.10.
$10
Star Ferries (Ex. Div.), $85.
i
Ai
.20
| $13.10
Docks Wharves,
Godowns, etc.
1108
H.K. & K. Wharves
$108
31.70
!rundent (old)
20 et
Do.
B.K. & W. Dock
$3
New Engineering.
$1.70 $1.80 $10
$21 3201
201/21 $104 Shaugnai Dock 9.
(new)
10 ot.
$90
Dairy Farms, $22), $29.
China Lights (öld), $13.65, $13,75,
$13.85
H. K. Electrics, $55), $56.
Telephones (old), $30.
Telephones, (new), $11.15, $11.60.
$11.65 $11.70, 311).
Canton Ices, $2.
Cements, $11.
H. K. Ropes, $31.
Bucharest
Silver (spot) War Loan
OF LONDON,
Telegraphic Translor... 11/8 Bank Bills, on demand 17/39 Credits. four months'
sight
T. E. Pearce, Esq.,
Silver (forward)
20 1/16.
201
A L. Shield”, Eng..
.201.
201
34 1031.
V. M. Grayburn, Esq.,
Chief Manager.
Closing Quotations
Amoy
February 13, 1937,
ON NEW YORK :-
Bangkok
Braziches:---- Iloilo Ipoh
Peiping
Penang
Bank Bill, on demand 30) Credits, 60 days' sight. 302
Batavia
Johore
Bombay
Kobe
Rangoon Saigon
ON BATAVIA 3-**
Calcutta
On demand
547
Canton
cisco
ON PARIB:~~~
1/3 1/32
Oliefoo
Lumpur Shanghai
33
Rnubs, $13.10.
ON SHANGRAI :——
Bank Bills, on demand 64 Oredits, 4 month's sight 674
Colombo
London
Singapore
00
Ewo Cottons, Sh.313.70.
Dairen
Kai dings
-$5.50 152
126+
BLUS 116
Lands,
H.. Hotels.....
H. Lands........
D. 4% Debensures t
fotels, and
On Demand
1018
ON SAIGON :-
-Artamoks, $2.70.
Coco Grove, $1.29, $1.24.
ON SINGAPORE:-
On demand
641
$5.75 $5.70
On demand................ 528
ON MANILA ! —
Hamburg Muar
Haiphong Manila
Foochow "Malacos Sungei
Patani
Consolidated Mines, .08 cts.
130
.....
Demonstrations,
$1.57,
$1.534.
On JAPAN:-
On demand...
G
Hankow
ON BANGKOK :-
Harbin
Tsingtao
$10
Shanghai Lauda....
Metropolitan Lands..
$1.53, $1.54
On demand
108
E. Mindanao, 60 cts.. 64 cts.
On "Irdza —
On demand SOVERLIONS Bank
1403
Hongkow
$4,50
160
191
HK, Realties...........
China Du..............
Humphrog
410
Itogons, $2.72.
Telegraphic Transfer...
San Mauricio, $5.03, $4.90.
Baak, on demand..........
Do. DebouturesS.
121
$16.80
โป
BH
$76
Chinese Esta tem................
Cotton M
E........... $102
Bar Cottone(old)S.;
$08
Do, (new.
።።
31
188 $30
Zoong Sings ....
FAIR
144
Wing On Textiles(S.) 43
13/431
$13.35)
$4
:;' 8
186
Public lite
framway......$13.20
Pork Teams (old)...)
Do.. (new)...
China Light (old)... 813.86
H.K. Electric....
204 1-4
SES
$24 $1365
8551
Star Ferrion
325
Yannati Ferries
$13.90
Do
(new)...
3504
166
120
to.
#117
Saudakan Laginem ..
130
Tolophon cold;....
god
Lu (new).
$11.00
$8
hi Haa .....
Tractions
27/-
Do. (prof.)...........|
Industrials
$15
$11.951
$3
$3.40
722.90
$19 Caldbeck, o
Macgregors (prof.i.
Cunton Ico
Cemente
Ropes........
Miscellaneous
Dairy Farma p***...
THE EXCHANGE | LEIPZIG SPRING
MARKET
MESSRS. ROZA BROS.
Saturday. F. 13. Silver prices rose 1/16 over the 1.holidays for both deliveries, the quotations being. 20 1,16 for both deliveries. Silver advices, reported the market as being quiet and fea- tureless. The New York market was closed yesterday.
11.70
$10.80 34.40
Sx21
$41
Ch. E'talnments......
£4
$1.60
Constructions, (old);
40 cla
Do.
(new) ats
161
Lanu Crawford.......
:1.70
$5.90
Nanyang Tobacco...
346
191
解
933
prox 82
aj%
350
ALK Wing Oa
S'hai Da
154
Vibro Piling
Sinceres ...
Watsons
Powell**********
C: Enterprians
Ch.G.5%19260.58-1
H.R
Govt. 4% Lóuma]
Wallace Harpor.....!
Do.
Sales to Shangbai
HONG KONG. TIDE TABLE
From February, 15, to 21, 1937,
HIGH WATER
Time.
Bright.
CIN
#1
%%
108
$101
511
361
HONGKONG. METEOROLOGICAL
REGISTER.
Hoag hung unservatory, Feb. 14
Previous On Date-Un Date
Day at'
At
LOW WATER
Kong Kong
Hoog.
Standard
Kong Standard
Time
Humidity 61
at 4 p.m. 10a.m. 4 p.m.
Barcuter... 30.01 30 31
3125 Temperatore BIS
49 73
Wind-
Direction NNW Force Weather Rain
N
B
20 28 0716 13 2 99.25
1810
0097 6 0
... 013051)
13-26 8:
b. n. i.
0552 18 B 03:24 19 1 1903 22
1943
b. m.
Mon. 16
60
Tues.; 10
Wed! !i
Ihar, 18
1420
052184
Fri.
19 0445
1545 6 5
Bat.
10
Bua, 21
07 40
19 0007 17:05 084541 · 0112 | | 4 1920 6 9
OwZ.
The London/New York cross- rate was quoted at 4.891.
MARKET
Dull, the undertone was robust.
"
STERLINGI
To Be Bigger Than Previous Events
here
Berlin. Feb. 12,
Este
BAR SILVER, per œ.
Buying
1/231/3 ........ 20 1/18
THE SHARE MARKET
Harriman's Weekly Review
Kowloon San Fran- Kuata
Lyons Sourabaya
Tientsin
(Juhore) Tokyo
Makden
New York Yokohama
HARDIN
PENANG
HỒNG TUNG BAYBOON
Formian EXCHANGE and General" Banking Business transacted,
QUANT ACCOUNTS opened and FIXED DE 08118 received for On Year or shorter periods at rater which will be quoted on applica- tion.
The Bank's Head Office in Lon don undertakes Executor & Trusted business, and claims recovery of British Income Tax overpaid, terms which may be ascertained at any of the Agencies and Branches.
A. BREARLEY,
Manager.
Current Accounts opened in Local Currency and Fixed Deposits 15, 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 To Let. Hong Kong, 5th Feb., 1937.
HONG KONG SAVINGS BANK-
HE Business of the above T
Bank is conducted by the HONG KONG & SHANGHAI Messrs. G. A. Hareunan & Co.'s BANKING CORPORATION. Rules weekly share report and market may be obtained on application. » For the HowG KONG & SHANGHAI
BANKING CORPORATION.
41
11004 1 day
issued at review states:
This market. has been a brighter
nd
The Leipzig Spring Fair of the present year, which is opening on February 28, will surpass in size all its predecessors, declared, the Director of the Leipzig Fair Bureau, one for the local share market well maintained due Dr. Koehler at a press reception with rates
the to considerable buging interest, 10-day. Particularly technical section will have unpre- especially for lower-priced stocks.
has Year optimism not cedented dimensions. Owing to the New
great number of new exhibitors, doubt accounted for our Chinese the floor space hitherto available trlends Interest and we look for and further strength when markets insuficient proved utterly four large new halls have, there- get going again after the holidays. has been fore been built in the technical The Manila market sections of the fair grounds. The erratic and has not yet fulfilled views ex- area now occupied by the technical the optimistic bullish section is three times as large as pressed about it last month. Mid-
week eariness met with
buying support and the market ends up
re- A very small business was ported at 1/2 15/16 for near de- livery.
The market closed with small sellers at. 1/2 29/32 Feb- ruary/June. buyers at 1/2 15 '16 for any delivery.
U.S. DOLLARS
"
SHANGHAI DOLLARS
that of the 1933 Fair.
of
foreign
V. M. GRAYBURN,
• "Chief Manager,
THE CHASE BANK
QUEEN'S ROAD CENTRAL "
HEAD OFFICE:"
18, P STREET,
NEW YORK.
An American Bank offering com plete Foreign Panking Service in the principal Markets of the world. interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by THE CHASE NATIONAL BANE, Naw YORK, with tesources over U.S. $2,097,000,000, EU
D. M.. BIGGAL,
Manager.
ريد
Hong Kong, 24th February, 1936. THE YOKOHAMA SPECIE BANI
THE AMERICAN EXPRESS CO., ING.
Incorporated with Limited Liability in U.S.A.
LIMITED
Capital (fully paid up)
Yen 100,000,000 00 Reserve Fund... Yon 130,900,000.00
HEAD OFFICE:---- YOKOHAMA
BRANCHES AND AGENCIES "AT: Alexandria Honolulu Rangoon
Rio do Bangkok Hsinking
Karachi Janeiro Bataria
Kobe Sag Berlin
London Bombay U.8.$6,000,000.00 | Calcutta U.S.$2,240,344.38 | Canton Reserves...MATHE
1.8.$ 897,612.65 | Dairen. Surplus.............. Amsterdam The Hague Montroux
Hamburg Munich Havana Naples
Nice flavre Heidelberg Paris Intertaken Peiping
Head Office: 6 BROADWAY, NEW YORK
Capital
Antwerp
Athans
The accomodation available for A small business was done at samples at the fair is likewise about unchanged over the period. 301 for April delivery. The market nine ber cent. greater than cur- Hong Kong Utilities continue to closed with
cum. at $13.40 sellers at 301 Feb-ing last year's fair. The total num- attract most attention, with Tram
particularly firm and German ruary/March and 30 5/16 April/ ber
round $13.85, Telephones July, buyers at 30 7:16 February exhibitors represented at the Fair China Lights (old) are also bet-
Basle March and 301 April/June.
will be 8.500 which is 400 more ter,
(old) are wanted at 3292 and the
Berlin than last year. According to the
new havo spurted to $11.65, al-
Bombay Fair.
Jerusalem Piraeus registration office of the
Cairo iverpool Rome It is expected that the number of though closing on offer at this Brussela
London Rotterdam foreign buyers, which has risen figure. Electrics were dealt in up
to $50 and Star Ferries at $85, Calcutta 25,000 in from 15,500 in 1933 to
Lugano Shangha! Lucerne Singapore Spring 1936, will show a further ex dividend (a further drop of $2 Cannes during the week). Among indus- Colombo
Southamptos Increase this year.
trial, Ropes met with support up Copenhagen Luxer
Tientsin Manila" to $3.40, but Cements show a small Dublin
Florence decline at $11.- sales. Dairy Edinburgh Marseilles Venice at $23.- and Genova Farms exchangen Watsons are wanted at $4.- Ewos Genoa
arm at Sh.$15.00 bid Glasgow
Business was done at 1021 for cash.
There were sellers at 102 7/16 for cash.
SHANGHAI MARKET .... The market was closed to-day.
BERLIN SHARE MARKET
Berlin, Feb. 12.
Milan Vienna Monte Yokohama Carlo Zurich Montreal 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
Franciaco
Los Angeles Seattle Vanila Semarang Moji ** Shanghai (Dalay) Nagasaki Fangtien Nagoya
(Mukden) New York Hamburg Daka Hankow
Dilra
Harbin Paris
Hong KongFeiping
Singapore | Soer bays Sydney Tientsio Tokyo
Tsingtao Vinkow
1. Interest allowed on Current A Dounte
Deposits received for. Fixed Periods at rates to be obtained on application.
Y. KANO..
Manager.
Hong Kong. 13th Nov., 1936
BANK OF EAST ASIA.. LAITED.
Authorised Capital ...$10,000,000:00 Paid-up Capital 5,506,900.00 Heserve and Undivided
Profita
2,686,320.59
HEAD OFFIO:-Hora Koro
10, Des Voeux Road, Center
Board of Directorí s
Sir Bhouson Chow, Chairman
Li Koon Chan, Esq. Li Lan Bang, Esq. P. K. Kwok, Kag. WongChaßen, Esq. Wong YunTong Haq, Xam Ying Po, Esq. Char Ching Shek, Eag
IMPORT AND EXPORT Dr. Koehler, moreover, polnted out that, owing to the structural changes in world trade, which re- sulted from bilateral and compen- are again sation agreements; the Leipzig with Shanghai in the market as Fair Is rapidly losing the one-sided buyers Lands were taken at $36 character of an export fair and and-are wanted further. (cum the Again the public showed disinis more and more becoming an im-$1.- finai). Realtys are enquired which is for at $4.60 and small business has clination to invest in shares so port and export fair
been transacted in Hotels between that in the absence of buying or rapidly gaining in importance as ders presaging the rising market, far 3 the importation of raw $5 and $5,75. There are active
The Company offers to intending for Providents (old) at $1.75. The operators prepared to unload again materials into Germany is con- enquiries for Wharfs at $108 and
. cerned. before, the week-end.
Visitors to this year's spring fair, last named look due for further travellers the use of its "Travelers No.
Cheques" and Letters of Credit Belling orders on foreign account Highest upen-my Tempersare, 13:67 were also placed so that the market so Dr. Koehler said, will have the appreciation Raubs have buyers and, in addition, the world wide see the progress at $13.10 (cum the lust announ services of ita thoroughly equipped Lowest open-air temperature. 14:47 was kept under pressure and ex-opportunity to
E. W. DUGGAN, cept in certain special cases. prices made in Germany during the past ced 6d, Interim) and New Gold-Travel Department.
Manager. Blue sky; C-Cloudy; p-all tended to be weaker. The rea- year in the field of raw materials fields of Venezuela are in good Drizales Fog Lightning: son given for the lack of demand since the exhibits will include in- enquiry at $73, near which level M-Mist; 0-Overcast; P=Paraly from the public is the amount of numerable articles made of such they are an attractive purchase, Bhowers; Job/jualla: K-Kain; quid capital being withdrawn "substitute" raw materials which, Canton Insurance were dealt in from the investment market is in many cases, are claimed to be at $15 and $312) and unions at the last few days by the issue of superior in quality to the imported $820. Banks have relapsed to a nominal quotation of $1855 cum. materials used previously. the new petrol synthesis loans.
Metallurgicals and Mineral Oils Foreign buyers will also be able Steamboats were active up to 38, were notably weak but Potash to buy at the Fair, a tremendous at which quotation there are now shares were firmer. Many Ger- variety of articles made of import-small sellers; and H. K. Ook Inse man fixed interest securities showed foreign raw materials if they further to $204 sales and now Bombay, Feb. 13.
ed great firmness, above all gold wished to do so. Dr. Koehler con- sellera. Following the breakdown of the mortgage and communal bonds cluded.----- The British engineering arm.
were recorded Transocean News Service. Messrs Ransomes and Rapler, ofron merger negotiations with the Rises up to i Ipswich, has secured from the Indian Iron and Steel Company. Reichs Old Liquidation Loan open- Egyptian Government a £310.000 the Tata Iron and Steel Company ed at 120.60 but closed at 120.975, contract for the construction of decided to extend the works at the sensitiveness of this stock be- sluice gates on the New Moham-Jamshedpur to produce an addi-ing due to unusually high level the 1671, Salzdetfurth Potash dropped were dealt in a $1.57 and $1.54,
of finished price has now reached.
1 to 179, United Steel Works wea- San Mauricios from $5.17 to $4.99, mad Aly Barrage which is being tional 170,000 tons
Foreign bonds were not in great kened 7/8 to 117 7/8. German and United Paracales round $2.- bullt at a cost of £2,250,000 at the steel annually-
demand, many being quoted lower. Mineral Oils dropped 2 to 144, Coco Grove were sold down to junction of the Nile north of Reuter,
Austrian State Loan of 1914 de Siemenshalske plunged 4 to 1901 $1.24, East Mindanaos receded to clined 1 to 201. Call Money rose owing to heavy offers on foreign under 60 cts, but are now wanted and six power-operating machines tend over three years and will be- to 21. Young Loan was uncharg-account, and Bemberg Rayon Tose of special design for use with gates gin within the next few months-ed at 103, Reichsbanka weakened to 111-
8 to 1851, byếtrusts declined If to Transcena Newr Serning dre to be built. The work will ex-| British Wareless.
10 464 0
EGYPTIAN ORDER
Calro.
FOR BRITAIN
T-Thunder.
TATA TO PRODUCE MORE STEEL
London, Feb. 12..
In all. 4 pairs of sluice gates
Philippine Mining, a consider- able business was negotiated in Consolidated Mines between 81 cta. and 74 cts, and they close in demand at 8 cts. Demonstrations
at 621 cts. Suyocs have buyers at
REICHSMARK RATES Berlin, Feb. 12. Reichsmark quotations (without guarantee, are as follows: New York......... Paris
Amsterdam..
Kan Tong Fo, Esq., Chief Manager. Li Tre Fong, Esq, Mansger.
Branches and dyenoies
Kowtoco
| Amoy" v
Batavia Bombay Celostia
Üdiua
Haiphong
40.03**
..863
73.70
Kobe
(low), 73.75, (high)] London
12.17 .105.06 Paris Sterling
(low), 105.09 (high).
21.462 (low) 21.485 (high)"
Dollar
Transocean News Servic
Brighter. Manila rather uncer tain..
We wish all our Chinese friends
81 cts, and Santa Rosas at 12 cts, very Happy and Prosperous New
Closing Comment. Hong Kong Year.
I
Blackw
Son Bangoon Manila Nalgon Malborne, Sea Pran-
Kim York · Geitlin
والصين
Honolulu Paris
Paging
Encarnag
·Vansenyer
Shanghai Yokohama
Singapos
Every description of Banking and Exchange businpos trami
| Loans "gunted
socúrition
00
Current Accounts opened Local Currency and Fixed De-
posits / received for one year of horter perioda in Local and Foreign Currencies on terma which will be quoted on application.
Hafe Tisposit Boxes To Let,
KANTONG PO
Chef Man