fusurances
$310
Canton LauraGJUMË,
་ཚ
#310
Antamoks
Atoks
LONDON EXCHANGE RATES
(British Wireless Service)
BANKS
HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION
Authorised Capital
$50,000,000
Issued & Fully Paid-Up $20,000,000 Reserve Funda-
Sterling
-------....................£ 8,500,000 Hong Kong Currency:
Reserve
AUSTRALIA AND CHINA Incorporated by Royal Charter, 1854
HEAD OFFICE: LONDON.
Paid-up Capİtai.... $10,000,000 Reserve Fund
Reserve Liability' of pro«* priators.
21.433.004 $.000.00
£3.900.000
Agencies and Branches:-
J. R. Mason, Esq.,
K. S. Morrison, Esq.,
Hon. Mr. J. J. Paterson,
T. E. Pearce, Esq.,
A. L Shield, Esq.,
V. M. Grayburn, Esq,
Chief Manager.
Saigon San Fran-
aisco Lampur Shanghai. Colombo
London Singapore Dairen Lyons. Sourabaya Foochow Malacca Sungei Haiphong Manila Patani
Tientsin Hamburg Musr
Hankow
(Johore) Tokyo Harbin Mukden Tsingtas Hongkow New York Yokohama
HAMBURG PRIPING
...
BANKOW (Paking), ammo ANGA BARBIN FENANG HƯNG TONG BANGOON
FORMIGN EXCHangs and General Banking Business transected.
··OURRENT Aоcuum opened and FIXED DOBI received for On- Year or shorter periods at ráter which will be quoted on applica
tion.
T
The Bank's Head Office in Lon don undertakes Executor & Trustee business, and claima recovery "of British Income Tax overpaid, on terms which may be ascertained så any of the Agencies and Branches.
A, BREAKLEY,
Manager.
12
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Bayess Sailerr
Naquinal]
$1,850
180
Bii::
***
$1 650/1,880
FRIDAY.
• MARCH. 5.
Danka
HONG KONG DAILY PRESS, SATURDAY, MARCH 6, 1937.
H. K. STOCK EXCHANGE
AND
Sharebrokers' Association
H. K. SHAREBROKERS' ASSOCIATION
ballers
Buyers
H.K. Bank.
"o. (Louden).**
Chartered Banks ....
Mercantile His. “A”
Do.
Bank of East Amin.... $904
N. C. & N. BARK...
Id
$1,250
eis
£18
£33
Philippine Gold Mining Quotations
4th Mar. Closing Ratow
1024
1017
1390
#33 18
Uniou insurances .......
Underwritory
H.K. Fires...................
International AB808, 3.
shipping
Steamboats
1825
60 ats
$30
***
13.75 14.00
15
20
31
30
1334
65
81 65
$2
151/8 Shells
$101 Waterboats
21/3
$35
Indos (pret)
336
Do. (def.)
Mining
******
.045
.044 045
H
1048
404
936
Demonstrations'
00
89 I.d.
138.
153/8
E. Mindanao
*
34
33) 341
od
$10.
G. Goldfields
28
242
271 291
$131
.
18
$110
$111
11.86
| $1,86
1821
$6,10
6.70/0.20
+4
120 et-
Kailanssne
Venczucia Gold Fids.
Docks, Wharves,
Godowns, etc.
HI.K. & K. Wharves. $100 Providents (old) ... 11.85
Do. (new; H.K. W. Docks F104 Shangnai Dock S.
New Engineerinst.
Lands, Hotels, and
Bui dings
H,K. Hotels.
Itogona
1.40
...
1.40 1:45 1.45.
$191
od
*
#201
* il
23/-
* 5th March, 1937
Reserve Liability of
B. $.
clos. 9,489.46 10.19 10.17 10.23 10.37 10.50 (1.10
Time Received
Proprietors....
$20,000,000
cloa.
2.33
9.01 3.13 3.25
3.45
Head Office:-HONG KONG
ALOR STAR ILOILO
BALGON
AMBITSAR
SEMARANG
4
Board of Directors,
1,40 1.50
1.30. 1,40
G. Miskin, Esq.,
BANGIDI BATAVIA
KARACHI
BELEMBAN
.45
40 48
"
..
Chairman, BOMBAY
Baguio Gold
Benguet Consol
Benguet Explor
Big Wedge
Coco Grove...
Consol Mines
... 14.00
.27 29
984
11.
ཟླ |: ·ཕླė|||LH
M. T. Johnson, Esq..
CALOUTTA
Deputy Chairman. | CANTON
'KLING
KORE XGALA
LUMPUR
SHANGHAI
SINGAPORM
SITIAWAN.
SOUBABAYA
J. K. Bousfeld, Esq.,
A. H. Compton, Esq.
Hon. Mr. S. H. Dodwell,
CAWNPORN CENU
COLOMBO
KUCHING
TAIPING
MADRAS
TIENTEIN
MANILA
TONGKAR
DELHI
MEDAN -
(Bhuket)
HAIPHONG KI TÔ ĐÃ
THIYOTAQ!
YOKOHAMA
$131
I, X. L.
1.40 1.45
1.40 1,45
$7
Masbates
43
49
45
Amoy
Branches: Iloilo
Peiping
Min. Besources
40
30
重 40
Bangkok Ipoh
Penang
Northern Mining
19
19 15
Batavia Jobare
Rangoon
#111
od
10 c
Paracale Gumans... 68 70
an
TL
Bombay
Kobe
*
San Mauricio
2.76
-9.80 0.80
2.90
Calcutta
Kowloon
2.88
3.95
2.90
Canton
Kush
Sayon Consol
41
ww
42)
413
Chefoo
$101
13
United Paracales
93
93
1.00
98 Di
1.00 09
100
1.03
1.10
Market ComDICAL,
Uncert
S
S
S
'S S
8 S Q
S
S
Ju.15 $6.00
nd
$38
H.K Lands.......................
c d
130
$10S
Do. 4% Debentares #102)
+16
Shanghai Landu........
$10
Metropolitan Latis..
:34.80
H.K. healplessn
$42
$4
China Dus
100
Do. Debout: GPS.
រុទ
Humphreys
********
$76
Chindwe Estates.....
Cotton Mis
$102 $77
Do
316 Ep
S'hai Cottontold,
new
$18.43] o d
$77
31
Zoong Singsih
144
Wing On Textilen(S.)
;
BUT PERS
H. K.
STOCK
EXCHANGE
#
YESTERDAY'S
$109
$30
350
`Public `Utilition
$13.30 *$4.30
$13.35
Tramways ***YSMALLE
13.35
Peak Trams (old)...
·Da
(new)...)
$80
Star Ferrion
185
115
Yauntati Ferrins
$13,90
$14.98
#59
$20
$1.30
$11 59700
ELK. Electrica
$20
Macso do
1.10
រ
China Lights (old)... $13.85 $14
Do. (new)...
Saudakan Lights...
Telephones (old)
Do.
China Baso3
25/ Tractions.
Do. (prol. m
$ie Caldbeck, hard.) d.
Macgregore prof.18.
12
$24
$13,85
11
$684
门级
xd
***811 40 (new)
8.
$11.40 xd
OFFICIAL QUOTATIONS
Business has been of moderate proportions in the local market, but the past week has witnessed a distinct appreciation of prices and buyers of most stocks predominate. Investment shares led. by Hong Kong and Shanghai Banks and Union Insurances have ruled firm. There has been a sustained de- mand for Public Utilities, Kowloon Wharves, Whampoa Docks, Dairy Farms, Hotels and Cements with few sellers in evidence:
The Philippine Mining section has been dull throughout the week Most and the turnover smail. issues have declined, but towards the close there has been a partial recovery in prices.
BUSINESS DONE DURING
"THE WEEK
Hong Kong Banks, Ex.Div. $1835,
$1845. $1855, $1860.
Insurances. $825.
H.K. Fire Insurances, $290.
H. K. Wharves, $106. $107, $111.
H.K. Docks, $21, $22, $224, $228
$23.
Providents
Milan
Copenhagen
Stockholm
Vienna Prague
Madrid...
Lisbon'
Parla
Geneva
Berlin
Athens
Mar. 3. 105-9/54
21.424
21.40
12.15)
12.14)
02 13/16
Shanghai
New York
Amsterdam
4.83-15/18 8.021
4.901 8.923
1401
140
Industrials
$17
√2
Canton lesa
$1.70
$11.35
Elementa
$11.401.$iti.
13 35
Bopeva.
$3
Miscellaneous
Y
sit
Ch. Etainment
Dairy Farms ........ $24.60 cd
Union
$627. On
$1.60
Constructions, (old)
$1.50
$625.
Do
(new)
181
Lane Crawfords...
$4,00
LONDON :--- Telegraphic Tradster... Bank Bill, on demand Credits.. four months
sight
.it
17/32
ON BATAVIA:
On demand
547
1/3 1/32
ON PARIS:-
$21
#3.10
ON SHANGHA
On Demand
1018
Bank Bills, on demand 60 Credits, 4 month's sight 074
***
31
(Old), $1.70, $1.75,
ON SAIGON
ON SINGAPORE!-
On demand
64)
98%.
30%
$1.85.
On demand
522
ON MANILA:-
prem. 11x
31%
H.K. Hotels, $5, $5.70.
$5.85.
On JAPAN:-
On demand
3101
$6.20, $0.15.
On demand
108
ON BANGKOK:
$60
H.K Wing On.....
302
H.K. Lands, $36.
Oo demand
149
+
B'ha Da
37L
Humphreys, $9.
SoviRLIONS Bank Buying
16
Vibro Ping
#54
HK. Trams (Ex.Div.), $13.15.
•Exten
*** 1/931/29
$134. $13,30,1313.35, $134.
Rank, on demand....................
*Sales to Shanghai
Peak Trams, SAJ.
JOY
Kontoon
Pennor Betesday
BAKTIA
Condos Rangoon
Star Ferries, $86.
de 32 1
Bombay
Delooti
Belgon
·Melbourne Bari Frun. ・ Talhoku
Byaday
Canton
Magnaiki
Thentais
Haiphong
New York Beastia
Mackow
Takyo YABOORTET
Honolulu Pur
Lobe
Hong Kong
Bombay
Montreal
4.50
Brussels
29.02
4.88 7/16: 28.99
Yokohama gresregions
Belgrade....
Monte Video
Rio
Bucharest
Silver (Forward)
Sliver (Spot) War Loan
111.30
::
A
$3.30
$244
40 cts.
***
$211
26/
$4.45
prem 8%
ין
Watsons ****
Nanyang Tobacco..
Sinceres ********
S. C. Enterprises Ub.0.67, 1926.Bd..
HE
Do.
Govb. 4% Lou
Wallace Harper
EXTRA MANILA CLOSING QUOTATIONS
Hong Kong, March 5. Extra Manua closing quotations figures kindly supplied by Mesars. Ellis and Edgar.
Assoc. Mines
Acoje Mining
Angleo
Dulong
Gold Creek
FOL
+144
H. K. SHAREBROKERS' ASSOCIATION
BUYERS
Douglases, $321. Steamboats, $92. Wharyes, C.D., $111. Providents (Old), $1.85. H.K. Docks, C.D., $23.
China Lights (Old). $13.85. Cements, $11.35.
Entertainments, $4.10
a.m. D.m. .01 .01
.23
.24
Hotels, CD. $8.05.
.15
.155
Lands. C.D.. $35.
1:
.191
.20
Realties, 480.
1
27
27
Trams, $134.
Ipo Gold
281
295
Star Ferries, $854.
Surigao
.55
.57
Mother Lode
.12
,135
Paracale Gold
28
29
Dairy Farms, C.D., $24.8Q.
Salacot
.07
.075
Batong Buhay.
.03
021
Watsons, $4.45.
Universal Expl
.39
.395
Bued
34: 34
Dayaka
201
*
Crown Mines
.29
245
Mambulao
Narth Mindanao
.43.......47 Ung-
Syndicate Invest. Development me.. Tinago
.13
Ung. 23
24"
Firmer. Tronger.
Watsons, $4.45. Ropes, 13.30
AK
REICHSMARK RATES
Berlin, Mar. 4. The Reichsmark' was quoted. without guarantee, at ang
#40.23
New York
Amsterdam
Paris
***.. 73.83 865.
12 15
London Paris Pound Sterling 105.13 to to 105.15 Paris U. B. A. dollars 21.506 to 21,61 Transocean News Hervice.
Nanyang Tobacco $41.
Wing On (S'hat)+$72
SELLERS
China Lights (Old), $19.95." Ropes, $3.40,
SALES
Hotels, $8.15, "
'Trams, ̈$13.49.
Electrics, 360, :'*
Cements, $11.48.
WINDFALL FOR EXCHEQUER
London, Mar. 5.
The Exchequer will benefit to the extent of £352,745 in, death | duties on the estate, just proved, totalling £1,004,366, left by a Miss Watson, who died last December | and who was a permanent Direc- tor of Sutton's, the well-known firm of carriers.
British Wireleni.
--
china Lights (Old), $14, $14.05.
China
(New), Lights
$11.10, $11.
$10.95,
HK. Electrica, $58, $59, $60. Telephones (Old) Cum. Div. $30. Telephones. (New) Cum. Div, $11. Telephones (Old) Ex: Div” $30. Telephones... (New), Ex. "Div., $10.80, $11.40. $11. Cements. $10.95 $11. $11.35,
$11,45.
HK Ropes, $3.35. Dairy Farmas, $24. $241, $24.90. Watsons, $4.45.
Constructions (New), 45 cts. Vibro Piling, $81. Ewo Cottons, Sh.3152. Baguo Gold, 48 cts. Consol. Mines, 8 cts.. 7 cts. 'Demonstrations, $1.53, $1.52.
E. Mindanao, 60 cts. CHANGES (3.15 p.m.): CLOSING 'QUOTATIONS BUYERS
HK. Banks, $1,865. Union Inces $625. H.K. Wharves, $111. H.K, Docks, 129, 1 HK Realties, $488. HK. Trams, $131. KK. Electrics, $60. Telephones (Old), $201 Telephones (New); $11.55 Dalry Farms, $244. Ewo Cottona, Sh.$15.40. Vibro Piling, $0.40.
SELLERS
HK. Lands, $38.
"SALES HK: Banks, $1,880.
Union Insurances, $827-625, HK, Docks, 322-23. H.K, Hotels, $8.15.5 H.K. Trams, $13,85-13);
Star Ferries, $86 H.K. Electrics, $50.
Mar, 2. 105 6/32
20-7/16 201 31% 1022
211.
Closing Quotations
March 5, 1937.
Telegraphic Transfor... Jail
Og-New-York:—
34% 102 13/18.
Bank Bills, on demand 30 2/16 Credits, 60 days' sight 300/16
BAR.BILVER, për os.
PHILIPPINE MINING
NEWS
PREPARES REPORT Frankiin Johnson, engineer is preparing a report on the proper- tles of the Old Buhi Gold Mines Inc. which he recently inspected. Johnson Jormerly chief engineer of the Balatod is under contract with Aquino and Murphy Enter- prises
- NEW ENGINEER
The Batangas Mineral Company has just contracted a first class
Also during March the company expect to start regular shipments of gypsum which will materially increase the profits very soon.
INSPECTS PROPERTY
J. Harvey, one of the exec- utives of the Harvey and Lombard, has left for Bagulo to inspect the properties of the mining companies under the management of the Arm.
A Pederna med to Harvey and Lombard is manag-
Current Accounts opened in Local Currency and Fixed Deposits received for one 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, 1st March, 1937.
HONG KONG SAVINGS BANK
THE Business of the above Bank is conducted by the KONG & SHANGHAI HONG BANKING CORPORATION. Rules may be obtained on application.
For the Hond› KONG & SHANⱭHAY
BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 1st March, 1937.
BANK OF EAST ASIA, LAITED: Authorised Capital $10,000,000.00 Paid-up Capital ***** 5,808,600,00 Reserva ad Undivided
Proßts
9,695,395.52
HD Orics:-Hong Kong No. 10, Des Voeux Road, Central
Board of Directors
Sir Shouton Chow, Chairman
Li Koon Chun, Esq. Li Lan Bang, Esq. P. K. Kwok, Eaq. WongChußen, Esq, Wong Yun Tong, Esq. Kan Ying Po, Esq. Chan Ching Shok, Esque,
Kan Tong Po, Esq., Chief Manager. Li Too Fong, Esq.,.Manager.
Brunches and Agencies
..Shanghal ·Yokohama
Every description of Banking
THE CHASE BANK
QUEEN'S ROAD CENTRAL
HEAD OFFICE:
18, PINE STEIKĮ,
NEW YORK.
An American Bank offering com plate Foreign Banking Bervice in the principal Markets of the world.
I
Interest Hates on Application.
1
SAFE, DEFONIT BOXES
This Bank is entirely owned by THE CHASE NATIONAL BANK, NEW YORK, with, Resources over, U.§. $2,027,000,000,00
D. M. BIGGAB, / Manager,
THE YOKOHAMA SPECIK BANK.
LIMITED
www.
Capital (fully paid up)Men A Yên 100,000,000 00 Reserve Fund... Yan 130,900,000,00
יד...
HEAD OFFICE;-YOKOHAMA
1
Rio do
audizo
Sap
Branches and AGENCIES, AT: Alexandria Honolulu Rangoon Bangkok Hsinking Batavia Karachi Berlin Xobe Bombay Calcutta Capton
London
Francisco
Los Angeles Seattle Manila Semarang
Dairen Voji Shanghai
(Dalby) Nagasaki Singapore Fangtien: Nagoya Sostabaya
(Mukden) New York Bydney Hamburg Osaka Tiadtsin Haucow Ohara Tokyo Harbid Pari Taitiktao
Beng KongPeiping Tinkö seInterest allowed on Current As counts...
Deposits received for Fixed Periode at rates to be obtained on application,
Y. KANO,
Manager.
and Exchange business transseted Hong Kong, 13 Nov., 1933. Loss granted "on'
securities
spproved
Current Accountà opened to Local Currency and Fixed. Dey appeared recently, in "Rupe posita received for one year of Talks," the house organ of Bri- tish Ropes Ltd This concern's pro- shorter periods in Local," and Foreign Currencies on terms which ducts are extensively used in the workings, which in some cases go will be quoted on application.
Rate Teposit Boxes To Let down as far as 1200 It, the shale KAN, TONG PO, being extracted from the seams by
Thief Manavg
drilling and blasting. The crude all obtained from the shale is similar to'natural petroleum and is refined into a series of products. These include an excellent motor | spirit, solvents for paint making, – floor cloth and indiarubber manu→ facture, and fuel for hign. speed-
mining engineer who is a graduate ing live big mining companies EARLY DAYS
of the Colorado Bchool of Mines and has specialized during the last few years in mining lead, silver and copper. This man is being brought out on the first clipper on which passage is available.
One of the big features of this company is the fact that the cost of, miring the lead and silver are costs only about 6 per cent or $ per sent or the price obtained, as the org, is very soft and worked from, open pits with pick and shovel only holi enti vallonega,
The company expects to be abib to start large monthly dividend Dayments beginning the end of March
diely to midory
Telephones (Old); $30 Telephones (New), 3111, Cemento $11.45.79990
Dairy Farms, $24.90.
Vibro Piling, 461. Consolidated Mines, 07 cta.
They are the US-Mining Co. Inc. Lake Shore Mines fic,United Southern Mines Inc, Insular Cop- per Corporation, and the Clam eral de Cobre Cons. The firm has othces at 201 National City Bank building,
SINGAPORE RAW
· RUBBER
H. D. JOSEPH & CO.
IN THE OIL
INDUSTRY compression Ignition engines.
How Scotland Led
Parafin wax of various melting points for candle manufacture, electrical insulation, water-proof- ing cloth arid paper is another; product, Paraffin coke, also j: la Few people probably realise that made for tine as a "mnickeless oll can be mined in a similáz man- | domestic fuel and for the mami- ner to coal, and that Scotland facture of metallurgical electrodes. actually ploneered the world's oll Pitch is produced for the making industry. Yet it was the shale de- of coat briquettes; and, of course, posits of the Lothians and the for large quantities of sulphate of Hong Kong March 5., brains and perseverance of a scot- ammonia for fertilizing purposes, Messi. Joseph & Co, fetish chemist, James Young, that whilst it is also used in the manu- celed the following quotations made Britain the pioneer i me- facture of explosives, from Bingapore in Straits Currency thods of oil production Thus, During the past 70 years of DEO- for Raw Rubber:
when petrolem was found in com- duction the great heaps of "apent Sti" | mercial quantities in Pennsylvania shale have assumed the propor- 364 unchanged in 1869, the methods of refining tions of a range of huis nearly. 300 365 unchanged previously developed in Scotland ft, high on the Lothian plain were immediately adopted Previously regarded, as urèlesz, it
Spot
April-June July-Sept.
Oct. Dec
Market:-Flimer.
Buyers
97 up
up
Some very interesting facts about the Scottish shale oil: indus-
has now been discovered that this refuse makes excellent bricks.