Buyer
$1,86
$1,085
2113
ex (London)...
I'd
£1:3
2161
Chartered Banks...
£16
18th Feb. Closing Raton
B. S.
233t
Mercantile Bas "A"
£14
10.
£14
Bank Di Enut Asia...| 186 |
Antamoks
1.00 1.58 1.50
1,56
N. U. & S. Backs ...
Atoku
451
46
47
Insurances
BID
1820
Cancodingaranam.. Gawa InsumoÖVS ...**
#3121
Baguio Cold
1291
*BSU
Benguet Consol
13.76 14.00 13)
H
Underwriter Hengs
160 ota.
1295
H.. Fires ATLET
830
Benguet Explor......
19
131
International Ance, d,
Big Wedge
32
Stupping
Coco Grave ....
77
མ་མ་ས་
28
30
14
18
20
34
78
80
$32
Douglas
T
. Consol Mines
048
048
.06 1.019
Steamboats! $1
13.
Indos (pre)...............
$35
Demonstrations
92
03
136
Do. (del.)
+38
E. Mindanao
36
JA 371
|g་༅ | | ⌘ | ཱཿg |
291
1 1 1 1
31
31
.048
12
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Sharebrokers
Association
Mami
FRIDAY, FEB., 19,
Billere
gaima
SALON ปา
Karsity
M.K. Bauka
HÙNG KONG DAILY PRESS. SATURDAY FEBRUARY 20, 1937.
H. K. STOCK EXCHANGE
AND
H. K. SHAREBROKERS' ASSOCIATION
Philippine Gold Mining Quotations
10th February, 1037
Time Heceived
9.48 9.48 10.00 10.07 10.24 10.38 10.35 11.18
BANKS
HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION
$50,000,000
Issued & Fully Paid-Up $20,000,000
AUSTRALIA AND CHINA Incorporated by Royal Charter. 1853
HEAD OFFICE: LONDON
Agencics and Branchetim
ALOR STAR LOTL
Authorised Capital
Reserve Funda:-
L
Sterling
....£6,500,000
Hong Kong Curtainy
Paid-up Capital..
Reserve...
.....$10,000,000
Reserva Fund Reserve Liability of pro-
£3.000.000
pristare .....
£3.000.000
Reserve Liability of
alos.
claw.
Proprietors
$20,000,000
8.37
2.62 302
3.0%
3,44
SALOON
Head Office:HONG KONG
Board of Directors. Hon. Mr. J. J. Paterson,
Прод KARACHI KLANG - BATAVIA .
KORE BOMBAY Ghairman, CİLTUTTA 1. KUALA
CANTON
AMRITSAR
SEMARANG
BANGKOK
SKREMBAN
SHANGHAI
·BINGAPORE
HITIAWAN
LUMPER
SOURABAYA
S
314
J. K. Bousfeld, Esq,
CAWNPORE ст
KUCHING.
TAIPING
MADR48
TIESTHIN
44
COLOMBO
||
MARIZA
ТОМСКАЯ
DILA). HAIPHONG
NEDAN
301
149,6
Shells *******
141/0
G. Goldfields'
30
28
32
28.
20
Waterboata
$10
Minlag
Itogons
1,80
1.55
1.55
1,50
17/-
Kailans....
2./0
I. X. L
1.50 1.45 1.00
$131
Hanba$13
cd
SH
Venezuela Gold Fida. #7
Masbates
442
44
45
401
Alin. Resources
41
40 42"
Ducks, Wharves,
Northern Mining
14 * Unquoted 144
Amoy
Godowns, etc.
Bangkok
Ipoh
$12
120 ct..
320
H.K. & W. Docks
108H.K. & E, Wiarrea.
Providents (uk). ... $1.72||
Do. (new)
iG4 Shangazi Docks S. No EnzineariousS.
Lands, Hotels, and
Aardings
Paracale Gumaus
13
12 74
73
Batavia
Johore
$108
San Mauricio
10 at..
Suyoo Consol
3.10 461
3.10 3.20
Bombay Kobe
Calcutta
Kowloon
46
3101|| 120.1
United Paracalca 1.26 1.30 1.25
49 1.35
40
Canton
Chefoo
$90
Colombo
13
Market Comment.
E
Uncertain
S
S Uncert. Q
irr.
ន
E Easier D
3
$2.00, 13.70
H.K. Hotels
$54.
H. K. STOCK
301
H.K Lande...B. 136)
$16
Shanghai Labda....
Do. 4% Debentures
81021
SIC
Metropolitan Landa..
342
H.K. Kealties) $42
14.
Chias Donk
......
200
Do. Deboutures S.
Humphreys
376
Chincue Estates......
Cotton Milia
EXCHANGE
YESTERDAY'S OFFICIAL QUOTATIONS
The week under review witnessed
a general demand and in most cases at improved prices resulting in a fair turnover.
Manila market was quiet during
BUSINESS DONE DURING
THE WEEK
LONDON EXCHANGE RATES
(British Wireless Service)
Foochow
Malacca
Sungei
Haiphong Manila
Patani
Hamburg Muar
Tientsin.
1,00
G. Miskin, Ea
Deputy ChairmUN.
A. E. Compton,, Esq.,
Hon Mr. H. Dadwell,
M. T. Johnson, Esq.,
J. R. Masson, Esq.,
K. S. Harrison, Esq.,
T. E. Pearce, Esq.,
AL. Shields, Esq.
1. M. Grayburn, Esq.;
Chief Manager.
Branches:- Iloilo
Kuala
Paiping Penang
Rangoon
Saigon
San Fran
cisco
Lumpar Shanghai Loudon Singapore
Dairen. Lyons Sourabaya
HAMBURG
BANKOW
HARBIN
.(Bhuket;
KUW, YOKE - THIROTAŬ PRIFING
TOKOHAMA,
(Poking) SAMBOANGA"
PINANG
HONG KONG KANGOON
FORNION - EXCHANGE and General Banking Business transacted,
OFRAKT A000uts opened and FIXED DEPOSIT received for Op Year or sharter periods at rater which will be quoted. on applica
tion.
The Bank's Head Office in Lex 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.
Paris
Cleora Onyasa
Berlin
Feb. 17.
105-9/64 21,46 12.161
Feb. 18. 105-7/64
Athens
Milan
93
473 21.161
98 1/32
Copenhagen
Stockholm
Shanghai
New York ...
$13.65
Amsterdam
4.89-7/16 0.951
4.80/16
14
the week.
Vienna
12
$94
Prague
140-7/16
8.497
104)
124
Madrid
$13.70
110.80
#572 ed
H.K. Banks, $1.855, $1.880, 31,850,
$1,860.
Lisbon
Bong BoniH
60/571
Union. Insurances, $820,
Bombay
HK. Fire Insurances, $290,
Montreal
4.894
!29 60
HK. Steamboats, $81
29.034
4.891 29.021
Yokohama
Belgrada na
26/8
H.K. Lands, $38), $358.
Monte Video...
H.K. Tramways, $131.
Star Ferries, $83.
China
Lights
(Old), $13.20,
Silver (forward)
$1.70
$10.30 Ewos
S'ha: Cottona(old)S.
110.
Zoong Sings
1182
$89
198
$74
(DOW
168
$31
$30
144
Wing Un Textile) $40
Pablle Utilities
$13.40
24
$180
323)
::
:1
183
པས་
$10
$13.70
158//572
20
Macao do.
10
130
181
gif
Tramwaya «mergen
Poak Trams (old)...
Do. (now)...
Star Ferries....... Yaumsti Ferries
China Lights (old)...
Do. (now)...
H.K. Electricam
Sandakan Lights...
Telephones old)...
$11.40 Do. (now))
China Buss...
Tractions
07/ Do. (pret)......
Industrials
$19: Caldbeck, on
Macgregor pref.)B.
Canton.Ices
111 05. Comonta
Ropas....SOLO
Dairy Farma. $138
Ch. E'tainments...... $34.
Lane Crawford......
$3.40
·54)
$1.50
40 cts
Miscellaneous
Bioceros . ; $3.10
H
Providents (Old). $1.72). 311.
$1.70-
Brussels
$13.85 $13.80, $13.75,
Chipa Lights (New), $10.85.
$10.80,
H.K. Electrics, 356, 356.557},
571.
Pio....
Bucharest
Silver (pot) War Loan
20-1/18 20
20-1/18. 20
34 1013
34 1017
Closing Quotations
February 19, 1987.
ON NEW Yox; -
$21
ed
#
Telephones (Old). $30.
Constructions, (old))
$1.70
Cements, $10.95.
On Lospunt m
Do.
(AGW) 45 ota
Dairy Farms, $23.
Telegraphic Transfer... 11/2 Back Bille, on demand
Bank Bills, on demand 30 Credits, 60 days' night. 30)
On Batartá
27/32
Nanyang
Faux Tobacco...
$6,90
Raubs. $131.
On demand
141
Ch. Gort, G$ Bonds, 96%.
Oredita, four months'
dight
O PARI
1/3 1/32
Wm. Powelle
Watsons............] '34',
Consol. Mines... 081 cts..
Bank Bills, on demand 649 Credits, 4 month's sight 674
8.
C. Enterprises...
On Demand
101
On BAIGON
$1
E. Mindanao, 62 cts., 604 cts.
98%, b.G.5x19250.9 Bd.
ON SINGAPORE:-
On demand
prem prem.
НЕ
Govt, 4% Loan
108
On demand
$28
ON MANILA
Do.
On demand
$101
24
$50
A.K
S'ha
Wing On
Wallace Harper ......
On, JAPAN:-
ON BANGKOK:-
On demand
106
On demand
361
ON INDIA:-
Telegraphic Transfer 814
Do.
Vibro Piling*****|
Bates to Shanghai
PHILIPPINE MINING
NEWS
Glowing reports as to
the shipments did not exceed 300 tons
tons were shipped with a value of $63.079.
However, figures avallable from local sources show that exports of chrome ore from the Islands up 1938. of November, the end Lo tatalled 11.337 tons which were valued at P285,000. The differene in the figures may have been due to the fact that some of the ship- ments has not reached he United & States, when the statistics quoted in the above dispatch were com
Demonstrations, $1.53. $1.61.
Ipo Gold (Ex.Div.). 53 cts., 54 cts.
San Mauriclo, 55.18, $5.12.
United Paracale, $2.20.
Dayakas, 401 cta.
CHANGES (3.15 p.m.) CLOSING
QUOTATIONS
SELLERS
Telephones (New), $11.
SALES
China Providents (Old), $1.70... China Lights (New). $10.80.
H.K. Electrics, $573.
E Mindanao, $0.604 cts. San Maurició. $5.12.
ASSOCIATION
BUYERS Banks, 31,855. Bank of East Asia, $80 CD. Douglases, $32, Steamboats, $81. Providenta (Old), $1.70. Raubs, $131 GD. Hotels, $51. Renities. #4.
future of the Philippine chromite until November, 1935, when 3,529 H. K. SHAREBROKERS' industry, received from the United States, suffered a setback when it was disclosed that the industry has two great obstacles to hurdle a 5 per cent increase in freight rates and lack of shipping facilities. The freight rate has been increás- ed from $5 to $7.50 per ton.
An official of the Benguet Con- solidated Mining Company, which operates the Fiorannie Mining Company, and the Consolidated Mines chromite property at Ma- sinloc, Zambales, said that they piled. are experiencing great difcalty in securing adequate transporta- tion facilities.
Benguet
Consolidated officials said that provided, they can get the proper shipping space: export Under the term ut a contract of chromite from the Philippines with an American "firm, Benguet this year will probably reach 60,- Consolidated is to begin shipment 000 tons. Benguet has contracts of Masinloc ore in March. It was with two· American Arms for ap- stated that the company is ready proximately 41,000 tons of Masin-
ship the ore but is not sure that loc ore, this can be done because of the lack of shipping facilities.
The report said that there are Indications Japanese, French and British Interests are paying special attention to Philippine chromite resources.
A dispatch trom Washington said that the Philippine chroralte Industry has prospects of at least a five-fold expansion in 1937. ⠀⠀ According to the dispatch, Unit ed States imports of Philippine chrome ore or chromite in 1938 totalled 4.637 tons, with a chromite metals second. to gold, A
It pointed out as significant the fact that the U. B. tarifi commis- slon in ita recent report gave chromite mining a position among
Lights (Old), $13.55. Star Ferries, $83. Dairy Farms, $233. Entertainmenta, $3.50. Binceres, $2.10. Watsons, $4.
Consol. Mines 71 cents.
E Mindanao. 58% cts. Northern Mites, 23 cts.
SELLERS Lights (Old), $13.70 Gements, 511, Ropes. $31. Consol Mines, 81 cts. Demonstrationis, $1.52..
SALES Providents (Old); $1.75,- San Mauricio, $8.12.
oxide content of 2323 tons valued "Since the world supply, la limit-Philippine deposita are particular- at $75.134, compared to $1,107ed and chromium has a commer-ly algnificant, the report stated, tons the year before Monthy clal and military impurtance,” quoted in the dispatch,
as
UN SHANGHAI:-
Bank, on demand..
... 1491 SOVERSIONS Bank Buying
Bato
<
1/231/: 2 BAR BILVER, pas qu'imitan. 201
CHINESE MARCONI AND VICKERS
NOTES
KOWLOON WHARF
COMPANY
Dividend Of $4.50 To
Be Paid
Owing to unexpected circum stances there is some delay in the
printing of the new coupons relat ing to the Chinese 8 per cent. Ten-year Sterling Bills (Marcent) Issue and the Notes (Vickers Is sue), says the "Financial News."
The need for the new coupons results from the scheme for the resumption of interest. In Octo ber last an offer was made to hold-
Hankow (Johore) Tokyo
Harbin Mukden Tsingtao Hongkow New York Yokohama
Current Accounts opened Local Currency and Fixed Deposita received for ona, year or shorter 15, 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, ath Feb., 1937.
HONG KONG SAVINGS BANK
THE Business of the abors Bank is conducted by the HONG KONG & SHANGHAI BANKING CORPORATION. Rules may de 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 5,508,600.00 Reserve and Undivided
.................. $,085,395.52
Profits
Esan Oz-Hona Kend
No. 10, Des Vaux Road, Central.
Board of Directors &
Bir Shouson Chow, Chairman
LA Koon Chan, Esq. Li Lan Bang, Haq, Wong ChuSon, Esq. P. K. Kwok Wong YunTong, Hag. Kas Ying Po, En Chan Ching Shek, Esq.
Kan Tong Po, Esq., Chief Manager, Li Too Fong, Esq., Manager.
Panang Kowloon
Branches and Agencies;—
Bourdays
Amor
HeCare
London
Bankoon
Busław
Reenbay
Manila,
Balgen
Bynday
Melbourne BAE Fran Magus! Xew York dostla
Talhoka
dison
Tiantai
Takra
Semara
Vanpouvez
Caloutta
Canton
Haiphong How
خامين
Houstalo Parla
Kobe
Bang Peiping Bingspee
Yakohas
Every description of Banking and Exchange business transacted. од spproved Loans granted.
securities
Current Accounts opened ter Local Currency and fized dẹ posits received for one year of shorter periods in Local and Foreign Ourrencies on terms which will be quoted on application. Safe loposit Boxes Ta Let KAN TONG PO
Ohief Mannser
The Hong Kong and Kowloon Wharf and Godown Co., Ltd. report that, subject to audit, the balance at Profiters whereby interest would be paid and Loss Account for the year ended at 1 per cent. per annum for the December 31, 1938, is $381,048.20 which year commencing July 1, 1936, In-
with 8832,574,58 brought for creasing annually by per cent. Philippine Cigar together ward from the e previous year makes s per annum to 3 per cent for the total of 8813,623,14 available for ap-year 1942-43 and 3 per cent. there- pronciation.will at the approach-
The Directoareholders, recom ing moving distribution: mend the
To pay a Dividend of
$4.60 per share...
To carry forward to next
account
after till the bonds are fully paid.
THE CHASE BANK
QUEEN'S ROAD CENTRAL
HEAD OFFICE:
18, P STREET,
NEW YORK.
An American Bank offering com
plate Foreign Banking Service in the principal Markets of the world." Interest Rates on Application.
SAFE DEPOSIT BOXES rhis Bank is entirely owned by
THE CHASE NATIONAL BANK, Naw YOZE, with Resources over U.8. $2,027,000,000,00
D. M. BIGGAR,
Manager.
THE YOKOHAMA SPECIE BANK
LIMITED
Capital (fully paid up),
Ten 100,000,000 00 Reserve Fund Yan 130,000,000,00
HEAD OFFICE:-YOLO¤ÁMÁ
BRANCHES AND AGENCIES AT:- Alexandris Honelalu Bangkok Hsinking
Rangoon
Bio do
Batavia
Karnchi
aneiro
Berlin,
Kole
San
Bombay
London
Francisco
Calcutta
Los Angeles Seattle
Canton
· Wanita
SemarEng
Dairen
Moji
Shanghai
(Dalny) Nagasaki - Singapore Fangtion Nagoya Serahaya (Makden) New York Sydney. Hamburg Osaka
Hankow Otaru
Harbin
Tientsin
Tokyo
Paris Tsingsso
Hong KongPeipie
Yinkow
Interest allowed on Current A counts.
..
Fixed
Deposite received for Periods at rates to be obtained on application.
Y. KANO,
Manager.
Hong Kong. 13th Nov., 1030.
EXTRA MANILA CLOSING QUOTATIONS
Hong Kong, Feb. 18. Extra Manila closing quotations figures kindly supplied by Messrs. Ellis & Edgar./
D.EX.
Assõelated Mining Acoje Mining Homestake
:01
22
22
.013
.013
Dulong a
$19
.185
Taxes Decrease.
Gold Creek
30
30
Ipo Gold
293
Mineral Resources,
60
.32
075
The new coupons will, however,
Stamp taxes were collected by Mother Lodě be ready this month when Messrs. the United States on 164,557,000 | Farscale Gold
Balacot Maurice Jenks, Percival and Co. Philippine cigars during the #408,000.00 #1 invite the holders to lodge calendar year 1036, the Treasury Sta Rosa
203,623.14
$813,623,14
SINGAPORE RAW RUBBER
Hong Kong, Feb. 19. Messrs. H. B. Joseph & Co., re-
their existing bills and roter for Department reported. For the Universal Expl.. the purpose of endorsement of the previous year, taxes were collected Marsmian
Dayaka new terms and the substitution of on 207,393,000 cigars. W the new coupon sheets.
The London office of the Bank of China has been appointed pay
It is worthy of note that most Cocogrove Philippine cigar taxes are collected Mambulap
ing agents on behalf of the Chi in Class A, which is the lowest tax North Mindanao
of such Byndicate Invest.. category. The total nese Government and has been stamps sold on cigars was 163,854,- Development Inc. provided with the necessary funds
to meet the first fistalment of 000, as against 206,783,000 the Tinago Interest due under the new terms, year before..
celred the following quotations and as soon as the new coupon $24,000 Philippine cigarettes, as
from Bingapore in Straits Cur rency for Raw Rubber:
Spot
Marchak April-June
Buyers -
s Down It' 451 Down If 351 Down If
sheets are in the hands of the holders, Coupon No. 1 can be pre sented at the bank for payment.
July-Sept...... 154, Down 1
Basler)
Quiet
095
Stamp taxes were collerted on against 1,635,000 in 1935. The dec- line in the Philippine cigar trade of 4,500846,000, as against 4,169,- was apparently due to the larger 548,000 the year before manufacture of cheap cigars in Stamp taxes were also collected the United States on which on 203,344, gallons of Philippine atams were sold to the number distilled spirits.