Head Office:--HONG KONG
Board of Directors.
Hon. Mr. J. J. Paterson,
BATAVIA BOMBAY CALCUTTA CANTON CAWNPORE KUONING
Adyn
Ballers
Balke Nominal
MONDAY, FEB. 22.
Bayer
Ballara
B.
Banks
19th February, 1937
12
DAILY SHARE QUOTATIONS Hong Kong Stock Exchange
Sharebrokers'
Association
HONG KONG DAILY PRESS, TUESDAY, FEBRUARY 23, 1937.
H. K. STOCK EXCHANGE
AND
H. K. SHAREBROKERS ASSOCIATION
Philippine Gold Mining Quotations
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.
Paid-up Capitali.is
Besarve$10,000,000 Reserve Llability of Pro-
Authorised Capital
Reserve Funds :-
Storling
£6,800,000
Hong Kong Currency
65.000.000
Reserva Fund
£1.600.000
prietors
£3.000.000
$1,865)
EL.K. Bars
ed
$1,255
186
118
€113
o. (London) ... 2161 Chartered Banke... Mercantile Bks. "A"
zd
8107
18th Feb. Closing Rate
Time Received
Reserve Liability of
B. S. 9.48
cios. 8.48 10.00 10.07. 10.91 10.35 10.35 11.10
clos.
Proprietors
$20,000,000
Agencies and Branches;—
2.37 1.61
3.07
3.07
3.44
ALOR TAX ILOILO
SALOON
"
£147
Do.
Bank of East Asia...
N. C. & S. Backs
£394
214
186
1
AMRITSAR
IPOH
SEMARANG
BANGEDR
KARACHI
BREMBAN
Antamoks
Insurances
$310
Canton insurandes,
$319
1 : : : :
1020
Union Insurances ...
11
Underwritera
|
150 obm
$205
UL.K. Fires
$300
Atoks Baguio Gold Benguet Consol Benguet Explor
1.50 1.53 1.50
45 201 13.7814.00 13
1.56 -
*LANO
HANGHAI
45
47 451"
•
SA 30
38+
201
Chairman.
KORE KUALA
LUMPUR
14
BINGAPORE
SITIAWAN
BONGABAYA
TAIPINO
19. 18
20
International Assos, 15.
Big Wedge ...
32
34 30 31
32
MADBAL: MANILA
TIESIBIN
Shipping'
Coco Grove...
77
76
80
132
„Dougisses **georonybro
$39
$8
Shear boats
$81
$35
indos (prof.)
336
Da (def.)
149:6
Shells
$101
Waterbosta
$10
!!!: 1:
Consol Mines
.048
.048
.06 049
.048
M. T. Johnson, Esq.,.
135
Demonstrations
92
91
93 02
$33
E. Mindanao.
361
.36 371
DELRI:
HAIPHONG
HAMBURG
HANKOW
HARBIN
149/6
G. Goldfields
30
29
*39
281
A LA Shields, Exqu
Mining
Itogons
1.80
1.05
1.00
1.60
22/.
Kailan
22/
I. X. L
1.50 1.45
1.50
3131
Raube
$13
.o d
Masbates
44
44
45
45
Venezuela Gold Fid..
$7
Min. Resources
41
40
42
401
Docks, WharTOS, Godowns, etc.
Amoy
Northern Mining
14
Unquoted 141⁄2
Bangkok Ipoh
Paracale Gumaus
73
79
74
Batavia
Jobore
Penang Rangoon
***
120.cts.)
$108.K. & K, Wharros,
$1.70
Providents (old)
320 11.K. & W. Docks
$10 Shangnai Dock 3. 93 New Engineerings
Lands, Hotels, and
$108
11.70
San Mauricio
3.10
3,10 ·3.20
Bombay
Kobe
Calcutta
Kowloon
Do
(ROW)
10 ate.
Suyoo Consol
1
$20
A
United Paracales
1.25 1,30 1.93
18 - 40.
1.35
Canton
Kuala
Obefoo
$104 33
Colombo
London
Markat Comment.
E
Uncertain
ន
S Dacert. Q
Irr.
S
E Easier D
s
Dairen
Lyons
Haiphong Manila
8.56.
Bul dings
H.K. Hotele
$5.50
$383
$100
H.K. Lands......... Do. 4% Dobentures
e d
$301
109)
18
Shanghai Landa...S.
$10
Metropolitan Lands..
34.70 $4.80
'11.5. Henties.........
$4'
Cha Dónáiði
!BO
1. Debenturesɔ,
102
Humphreys
$76
Chineas Extą:58..++++
800
$31
Do.,
Knowis.
Colton Mills
$10.30 Ewos *****
.....B.
S'hai Cottons(old)S.;
Zoonz Sigga ..... S. Wing On Textiles(S.) Public Utilition
Trainwayan
Foak Trams (old) .......i
!!!!!
ITS
318
#88
H. K. STOCK
EXCHANGE
YESTERDAY'S
OFFICIAL
QUOTATIONS
LONDON EXCHANGE RATES
7
(British Wireless "Service)
Feb. 1.
105-7/44
Feb 20. 105-9/84
12245
21.43
13.18)
12.16
93 1,39
93
Paris
Genera
Berlin
Athens
130
345"
quiet continues Market steady with no changes to report. The Manila market was closed.
but
Milan
Copenhagen
Stockholm
Shanghai ......POROSKO
$13.30
$13
BUYERS
New York
4.89 C
14
Amsterdam
*8.48]
4.899 8.041
St
Da
(new)...
$3
H.K. Banks, $1,855,
Перда
183
Sist. Ferring
183
Bank of East Asia, $85.
Prague
H!
1x0
$24
Douglases, $32.
Madrid
180
Do (new)...
$10.PO
H.K. Hotels, $5.55.
Lisbon
157
HK Electrica
ad
$871
HK. Realttes, $4.70.
$20
Macso do.
HK, Trams, $13.30.
Hoa Long
Bombay
$10
Baudiakan Lights...
Peak Trams (Old), $4.
Montreal
29 60 ad
Do. (new)
៨ ៥
Dairy Farms, $231.
111.35
$61
$7/
Tractions
$5/8
97/:
-Da (prof.).
S'hal Cottons (Old), Sh. $100. Shal Cottons (New), Sh. $75. Constructions (New), 40 ets." Vibro Piling. $6.
Yokohama
Belgrade
Monte Video musikagaitęs
Bio.....
SELLERS
Bucharest
Suver (forward)
Silver (spot)
323)
40 cta.
Yaumati FortiE...
$13.80 China Lights (old)... $13.
Telephones (old)
China Busos.8.
Industrials
$19 Cdbeck, Fonda!)
$15
32
| Macgregors pref.),
Canton Ices
111.001-Comodity
$3.19 Hagles
ม
11.00
불타
90%
prom
prem. 1x
$50
Miscellaneous
Dairy Farmon... -
$231
Ch. Etainment... $3
Constructions, (old)
Do.
(NEW)
Lane Crawforda... a
Nanyang Tobacco..
Sincer
Watson8
Wm. Powolis SALDEC
8C, Enterprises
Uk.62571926G. Bd.
Do
01.70
$1.70
45 pta.
15.50
$2.10
50 ct.
$1
95%
3:
$101
Wallace Harpor H.K Wing One of
S'ha Do
Vibro Piling...............
*Sales to Shanghai
$108
381
Canton Trade For Past Year
America's shipping strike.allowed the iron and copper dealers to
H.K. Realties: $4.80. Marsmans (HK), 10/-
SALES
San Mauricio, $5.04.
THE EXCHANGE „
MARKET
MESSRS. ROZA BROS.
Silver prices were unchanged over the week-end, the quotations both remaining at 20 1/16 for Ready and Forward. Advices re- ceived reported the market as be- ing very quiet but steady.
The London New York cross- rate was quoted at 4.89 3/8. New York-London was quoted at 4.89 11/32.
"
MARKET
Steady but dull
STERLING
No business was reported. There were sellers at 1/2 29/32 April and probably May, buyers at 1/2 15/16
their charger w their customers. They were leaders in for any delivery. profit-making. For the same rea- son flour, and sugar merchants came out well.
U.S. DOLLARS Bellers at 30 3/8 February
Brussels
War Loan
On LONDON:-
4.891
29.021
29.021
4.891
106
20-1/16.
20-1/16.
31% 101
Closing Quotations
February 29, 1937.
Telegraphic Transfer... 12 Bank Bills, on demand } 17/38 Credits four mouth'
night
ON SHANGHAI :----
On Demand
ON SINGAPOR
Bank Bills, on demand 849 Credits, 4 month's sight 674
ON SAIGON.
.: On' demand
G. Miskin, Ex
Deputy Chairman.
J. K. Bousfield," Esq.,
A. H. Compton, Esq.,
Hon. Mr. 8. H. Dodwell,
J. R. Masson, Exq
K. 6. Morrison, Esq.,
T. E. Pearce, Eaq
V. M. Grayburn, Esq.,
Chief, Manager. .: ;་་ ta
Branches:-
Iloilo Peiping
Saigon San Frad
cisco
-Lumpur Shanghai
Singapore Sourabaya
Foochow Malacca Sungei
Patani-
Hamburg Muar Tientsin
Hankow (Jobore) Tokyo
Harbin
Mukden
Tsingtao
Hongkow New York Yokohama'
CU COLOMBO
МЕРАЯ
NEW YORK
PRIPING
- TUNGKAH
(Bhuket)
TEINOTÃO
YOKOHAMA
(Paking) BÅNGA PENANG
HONG KONG RANGDON
FOR ION EXCHANGE and General Banking Business,transacted.""
CURRENT ACCOUNTS opened and FIXED DEPOsits received for On". 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. any of the Agancing and Branches.
A BREARLEY!!
Manager.
Current Accounts opened in Local Currency and Fixed Deposita 16, received for one year or sharter periods in Local Currency and Sterling on terms which will be quoted on application.-
Also up to date Safe Deposit Boxes in varioās "šizes. To Let
Hong Kong, 5th Feb., 1937.
HONG KONG SAVINGS BANK
HE Business of the above
TBank is conducted by the KONG & SHANGHAI HONG BANKING CORPORATION. Rules may be obtained on application.
For the Hona Kora & SHANGHAI
BANKING CORPORATION.
V. M. GRAYBURN,
さい
Chief Manager.
THE CRASE BANK
QUEEN'S ROAD CENTRAL
HEAD OFFICE":
18, FINE STREET,
NEW YORK.
An American Bank offering com
plete Foreign Banking Borrige in the principal Markets of the world.org!
interest Hates om Application.
SAFE DEPOSIT BOXES
Ľ - . - -
This Bank is butirely owned by
THE CHASE NATIONAL BANE, NEW YORK, with Resources, over U.S. €2,027,000,000.00
*
D; M. BIGGAR,
Manager.
Hong Kong, 4th February, 1998. THE YOKOHAMA SPECIE BANKS.
BANK OF EAST ASIA,
** LIMITED.
Authorised Capital, ...$10,000,000.00 Paid-up Capital
LIMITED
Capital (fully paid up)
Men 100,000,000 00 Reserva Fund ... "Yan 130,000,000.00
ad
KLAD OFFICE:~YOKOHAMA 8,508,800.00
BRANCHES AND ÅGENSIES AT: 9,685,396.59 Alexandria Honolulu Rangoon
Bangkok Hinking Rio do Batavis Karachi
HEAD OFFICE:-Hong Kong No. 10, Des Vaux Road, Central
Board of Directors
"Sir Shouson Chow, Chairman Li Koon Chun, Esq. Li Lan Sang, Esq. P.K. Kwok Laq Wong Chuson, Esq. Wong YunTong, Esq. Kan Ying Po, Esq. Chan Ching Shok, Esq.
On: NEW YORK:--
Reserve and Undivided
Bank Bill, on demand 201 Credita, 60 days' night. 301 ON BATAVIA:
Proáte
!
On demand
55
1/3 1/32
OW PARAN
{!
P
1018
On demand
593
Ox Matte
On JAPAN:-
Un demand
On demand
*******................. 108
ON BANGKOK (---.
ON INDIA:--
J012
-................................... 60-
149%
*****1/231/32
90 1/18
Amey
Batavia
EDIT Dalentia Cab
Telegraphic Transfer... Bauk, on demand.........
On demand Sovi=1485 Bank Buying
Babo BAR SILVER, pero
PHILIPPINE MINING
NEWS
Kan Tong Po, Esq. Chiof Mansgur. LA The Fong, Esq., Manager.
Branches and Agencias -
Kowloon, Penang Bournoy Leados 'Rangoon watów
Salgas Brodey Melbourne SaxİTAN- Wagatski" eluce. Flestels.
Ralphang Bankow
ifanotutu
Kobe
New York Bautis Fékre Omka
Bewaring Vaporet
stanga Yorkhana
Paplog Blagapane
Evaly description of Banking and Exchange business transacted. gianted on approved
Heads at Antamok Goldfields, from this section is expected next Loane averaged $5.84 per ton (old price month of gold, or more than P19 at the new price. according to the month- y report of H. A. Dewitt, general superintendent. His repert. fol-
lows:
"Ore Pass No. 3 was completed and the Chute is now being con- "Considerable time was lost in stricted. the grinding department due to the installation of the 9-foot, bowl classifier and changing the 641 Marcy to a secondary grinder. This work was started on the 5th and completed on the 16th days were required to adjust grávi- ties in the mills and toward the end of the month tonnage incréas- ed to 800 tons daily.
Several
Berlin
Bombay
Calcutta
Kobe
"Janeiro
San
London Francisco
Los Angeles Sedttle
Canton Manila Bemarang Dairen
Mill Shanghai (Dalny) Nagasaki Singapore Sourabaya Fenstien
Mukden) New York Sydney
Nagoya
Hamburg Osaka
Hankow
Harbin Paris Hong KongPeiping
Tientsin
Tokyo
Trinktac Yinkow
Interest allowed on Current Ar
counts
Deposite received for Fixed Perioda, at rates to be obtained on application,
Y: KANO.
+
Hong Kong, 13th No Manager.
21906
PETROL FROM COAL
London, Feb. 21. Works for the synthesis of pet-
Securities
Current Accounts opened in LocalCurrency and Fixed: De posits received for one year of shorter periods, in Local and Foreign Currencies on terms which rol from coal is to be erected by will be quoted on application."',aur | the Britlin Government in South
Rafe Deposit Boxes To Lat
MAAL KAN TONG BO,
Chief Manier
"A total of 23,310 tons were crushed and treated during the per ton ($20:00 oz), The recovery. of P450,552.28 includes the values In over a year's accumulation of matte amounting to P13.310.67.
Development produced 3,348.34 dry tons with an average value of $4.82 per ton representing 15 per. cent of the tonnage milled and 128 per cent of the values. anno 16 February. An average of 120 tons formed a company, with a capital
As compared with over 200 bank-, milltary commander had to be met. ruptcies in January of 1936, but 60 something unheard of in previous business failures are recorded for times; and yet the price level in the corresponding month this year. Canton dropped but slightly. The "Tai Wah Evening Journal" and other news agencies that have been charting the curves represent- double ing gains and losses have come to the conclusion that on the whole there was a recovery in 1938. Of all the firms the pawnshops were the most nourishing, after
Paint sellers made capital out of March and 30 5/16 April-June, month, with head value of $5.84 being in the "red" for five years. the Italian-Abyssinian war, and buyers at 30 7/16 February-April Always disposing of their in- even since then European manu- and porbably 30 3/8 May-June. redeemed articles locally before, in facturers of colours have been si
slow
SHANGHAI DOLLARS 1936 they developed a market in inning orders, and Canton prices
Nothing doing. There were sel- Annan, Yunnan, Klangti ♫ and | have advanced by 600 per cent. Kwangs, and got a lot more for Turning to the other side of the lers at 102 7/16, buyera at 102 1/2 what they sold than they even had ledger, we find the passage boat for cash. obtained in Kwangtung.
owners having the hardest strug
SHANGHAI MARKET Political disturbances always gle in 1936 to make ends meet.
There were sellers of Sterling react beneficially for the money Land travel over the splendid high- shops,
Currency and naturally
ways that have come into existence at 1/2 17/32 for cash, buyers at fluctuated a great deal in 1939. Of of lato-has hit them hard. More-1/2 9/16 for cash US Dollars, these shops 128 are all that exist ever, the commandeering ofso sellers at 29 6/8 cash, buyers at to-day, so many losing all their many of their boats at the time 29 11/18 cash. capital. Thirty ended up with a Chan Chai-tong took up arma yearly profit of over $20,000, and against Nanking disrupted busi- more than 20 have a surplus of be- tween $10,000 and $20,000 on the right side of their ledgera.
ness.
"A total of 1,270 feet of develop
ed"
SALT "MINES” TO BE *. DEVELOPED Đ. LAY
Salt producers in Kisting have
means, of, acientific process. · 4 | of $400,000, for producing brine by.
showed recent geological, survey....
Walestates the "Sunday Ex- Dress."
The purpose of the new factory is to reduce Britain's de- pendence on foreign countries for petrol, and, at the same time pro- vide a new use, for Welsh coal-
†ronian New Verne
ngová bénanja.
LATEST WILLS
Sir Fitzroy Maclean Leaves £183,000
Duart
No. 1 Marcy Grid liners were changed during the month and breast liners were renewed early in ment was completed of which 935 per day were crushed and treat feet was in Artamok and 335 feet
Extraction for the month was in States Group property, 698 feet.
90.6 per cent sold and estimated that the brine lying between 3,000 of diamond, drill hole was bored.
and 4,000 feet below the surface of extraction on sliver 69.8 per cent.
Bir Fitzroy Maclean, "The upper levels from 300 to "As we are now getting a finer the earth is much superior to that Castle, Muli, Chief of the Clan surface were opened up for stopalime product, an increase in exoptamed by humore, primis Maclean; who died aged 101, lett Ing and 351 tons delivered to the traction for February is expected, methods from the present wells unsettled estate £183,430 (net mill An increased tonnage from The over-all tailing loss was which are about 2,000 feet deep personalty £180,080) state Duty, this area is anticipated during the Soluble .022 cts., Insoluble 588 or a The development of this new 58.148.
dustry has attracted the attention The Gold Creek Mining Corpora- next four months, Battery locomo total of 6104 cts. Rice shops had their best stroke Seas trade fell away to almost tion will hold its annual meeting tives were installed on the 730 and
"Consumption of essential sup- of a number of Chungking bankers, Governments In the
b and the scheme pas, received the of luck in the last atk months, the ( nothing.
Pounds special approval of the Salt In shortage of grain putting up the southern countries imposing so at the American Chamber of Com- 830 levels with very satisfactory piles.
"Preparations were completed steel balls per ton of ore 1.973 spector. Upon the opening of the selling price. Their years profit many new taxes. On the other merce on February 23, states the tramming results.
hand, taxes in China have made "Manila Bulletin." The bourg of was around 20 per cent.
543800,000 will be paid to the owners Firewood dealers exceeded the raw materials cost so much that directors has ordered the stock for mining Gold Creek ore from Cyanide (NACN) per ton of new wells, a total payment of #1, 4.846 of the present wells by way of com- rice dealers even as money-makers the aimed product has been transfer ledger closed from 1 pm. the 730 and 830 levels area. The
0.025 pensation. these last twelve months. Protec-sometimes costiler than imported on February 20 to 8 am. February Gold Creek property was reached on the 980 level and production tion fees to neither bandit nor finished fabrics.
RICE SHOPS PROFIT
Native cloth manufacturers and sellers did poorly, and quite a few large factories liquidated. South
$24
ANNUAL MEETING
Lime per ton of ore
Zinc per ton of Sol
Lord Mowbray and Stourton, Stourton, Wiltshire, and Allerton, Yorkshire, left £30,842 (net, per- sonally 201807).
of the Cunard White Star per Bir Edgar Britten Commander
Queen Mary, Jeff -2161) (net personalty' £664),