G. Miskin, Esq.,
M. T. Johnson, Esq.,
Deputy Chairman,
J. K. Bousfeld, Esq., A. H. Compton, Esq., Hon. Mr. S. H. Dodwell, J. R. Masson, Esq.,
K. S Morrison, Esq.,
Hon. Mr. J. J. Putarman,
T. E Pearce, Esq.,
A. L. Shields, Esq.,
V. M. Grayburn, Esq.,
Chief Manager.
Branches:
Iloilo
Peiping Penang Ranguon Saigon
San Fran
cisco
HAMBURG PEIPING
YOKOHAMA
HANKOW (Peking) LAMBOANGA
HARBIN **PENANG HONG KONG RANGOON
FOREIGN EXCHANGE and General Banking Business transacted.
QURRENT ACCOUNTS opened and FIXED DEPOSITS received for On" Year or shorter periods at ratos which will be quoted on applica tion..
£1154
216)
£331
Bo. (Lpadon) Chartered Banks ... Mercantile Eks, "A"
31,750
21151
Sta
od
£33
£16
"0"
od
Bank of East Asim........
180
N, O. &. Barks ....
Insurances
Antamoks....
Atoka
3318
+330
1630
630
€1.05
Canton insaÁPISOM,
#315
Union InsurLÓN (
Underwriters
1835
Baguio Gold
$1
*་
H.K. Fires...
$208
Benguet Explor
15
Unquoted
15
KI
|International Ans09, 5,
Shipping
Big Wedge"...
26
26" 98
205
$35
Douglass ................. 138
Coco Grove
61
LE
་་
$100
Steamboats
3103
Consol Mines
040
1040 1011
.039
12
DAILY SHARE QUOTATIONS Hong Kong Stock
Bayou
Belless
188
Exchange
Sharebrokers'
Association
WEDNESDAY. MARCH. 17.
Seller Buyers
talegia.
Banks
$1660 HK. Banks
J
HONG KONG DAILY PRESS. THURSDAY, MARCH 18, 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
P
Authorised Capital $50,000,000
Issued
Fully Faid-Up $20,000,000
Reserve Funds:
Sterling
Hong Kong Currency
Reserve.co
Reserve Liability of
Proprietors
£6,500,000
AUSTRALIA AND CHINA Incorporated by Royal Charter, 1989,
HEAD OFFICE: LONDON...
Peld-up Capital..
$10,000,000 | Reserve Fund
Reserve Liability of Pro-
prietora...
· 23.000.000 £3.000.000
£3.000.000
BAIGON
Agencies and Branches:- ALOR STAB ILOILO AMRITSAR BANGKOK
18th Mar Closing Rate
17th March, 1937 Time Received
B.
3.
clos.
cloe.
9.45 9.48
9.54 10.00 10:20 10.49 10,54 11.09
2.40
2.54 13.06 -3,91 - 3.43
.#20,000,000
Head Office:-HONG KONG
IPOR"
SEMARANG
Board of Directors,
KARACHI
KEREMBAN
1.45
1.40 1.43
41
40 +9 -404
40
Chairman.
264
26
28
BATAVIA BOMBAY CALCUTTA
KLANG Kon
SHANGHAI
BINGAPORE
KUALA
SITIAWAN
Benguet Consol
... 13.75 -13.75 13.75
13.75
CANTON CAWNPORZ
COUN
LUMPOR
40DRABAYA
KUCHING
TAIPING
MADRAN
TIENTSIN
COLOMBO DELHI
MANILA
TONGKAR
MEDAN
(Bhuket)
HAIPHONG
NEW YORK
TSINGTAO
.040
.041
$35
Endos (pret.).***
$36
Da (def.) som
Demonstrations
80
87 90 83
89
*38
148/1
nelle saat 000
148/11
E. Mindanao
32)
21
33
311
32+
$10
Waterboata
cd
$10
G. Goldfields
25
261 241
Mining
10/8
Kailan
Itogons
1:35 1.35 1.40
91/.
$12.85
2+
Raube
I. X. L.
1.40 1.33 1.10
$13.40
Bad
Venezuela Gold Flds. 16
好處:
Masbates
J2)
410
434
Docks, WharVOS,
Min. Resources'.
37
36 37.
Godowns, etc.
Northern Mining
13 19h
13+
$2.10 14.20
FILA $2.15/
il.K. & E. Warves.
$112
Paracale Gumaus
81
59
163
Providents (old). ... 3217) $122) $0.20/ |||
San Mauricio
2.83 2.55 2.70 2.60
20 ct
Do.
(now) 20 p
$30,
#201
H.K. & W. Docks
$30
!-
$4
$3
1
New Engineerings.
936
} {is
116
Shanghai Lands...S..
81
Metropolitan Lands..
H.K. Itealties.........
14
Chính Đức
100
Do. Dobontureas.
10
Humphreys .................
3T0
Chinca Estates..................
Cotton "Mil
$10 $115 190
Ewo........
S. $10.40 o d
3116
S'kah Cottons(old)S.;
$115,
Do. (now).
131
Zoong Sings... S.
19, 530
$44
Shanguai Docka S.
Lands, Hotels, and Buildings
H.K. Hotels
V
H.K Landa.........Ď..
Do. 4% Debentures $12)
::
3 M
Suyoc Consol
30
38 40
384 30
***
$101
United Paracales
06
18
98
11 8 8
96
1 } 「 # ། | | │ ཏཱཾ
| ཨཱུ ། 「 | ༈ g|
1.40
1-1
1.40.
!
Amoy
༄།༣།
Bangkok
Ipoh
13
Batavia
Jokote
Bombay
Kobe.
Calcutta
Kowloon
Canton
Kuala
40.
41
42)
428
Chefoo
06
07
...3
Colombo Dairen
London
Market Comment,
E
8
Foochow
S
3
♦
S $ S ♦ $
$ ន
S
Haiphong Manila
1470/1
-
12
188
14.35/40
58/59
$1.10
30
830,15
Do
(new)
$13
China Buses.......
Tractions
26/8
....
25/
13,0,100
Do.. (pref.)...... Industriala $18 Caldbeck, jord.). Macgregoraiprof.).
Canton Ices Comenta
$1,70
H.K. Lands, $35.
$4.00 $41
Rupes
913,88, $14,20 13.85/|14.10
$1.60/2
127
$2
e d
...
H. K. STOCK
EXCHANGE
YESTERDAY'S
OFFICIAL QUOTATIONS
The strength in the market is being well maintained. "quotations generally show further galns, and closes with a strong undertone.
The Manila market also shows signs of being steading.
BUYERS
Bank of East Asia, 385. Canton Ins., $315.
Union Ins., $630.
Uncerwriters, $1.10.
H.K. Fire Ina.. $207)...
Douglases. $36
H.K. Wharves, $113j. H.K. Docks, $31..
Providents (Old), -$2.10.
Providents (New), 20 cts,
Raubs, $12.85..
H.K. Hotels, $7.15
Copenhagen
Stockholm
Shanghal
New York
Brussels
LONDON EXCHANGE RATES
(British Wireless Service)
10.85 330
6.9.95
$14
148
$41
188
314.35
14271
21.30 158)
$39.10
$300
312.10
$12.30
· EFE:3E d11 བྷིཏྟི ཚིཙྪ } ཀཽཎྜ
05.
10.25 ($7.15
c d
3B
$14.60
Wing On Textiles(S.) 352
Public Utilities
Tramways ***** Poak Trams (old).....]
Do.
(new)...
Star Ferries......... $88 Yaumati Ferries 3201 China Lights (old)... 14,35)
***
Du. (Dew)...
H.K. Electrica
Macso do.
་་་***
111,30| Sandakan Lights ....
Telephones (old)
༈ རེདིཏྟཾ ༔ བྷུཊྛིཾ, Zi ཝི་ྗ
45 ct.
Miscellaneous
Dairy Farms ....... Ch. E'tainment. $4,3 Constructions, (old);
'I Do.
(new)
Lane Crawforda....
037
Nanyang Tobacco.. 17
Sincores.................... - $9₤
Watsons
**** 18.10
S. O. Enterprises
98%,
CL.G.5% 1925G.JBdr.
21%
prem.
H.K. Govt. 4% Loane!
pr. m. 1
Do. 31%
to
$60.
::
Wallace Harper......
ALK Wing Go
S'hai
Do
Vibro Piling
*Sales to Shanghai.
74
$5.00
17jota.
H.K. Trams, $15.
Peak Trams (Old). $41.
Star Ferries, $88), .. Y. Ferries, $254.
China Lights (Old). $14.60. China Lights (New), $11j. . HK. Electrics, $584.·' Sandakan Lights. $114. Telephones (Old), $304.
$5.10/20
Telephones (New). 5121.
Cements, $14).
B5%
*108
Dairy Farms, $27.
1101
Watsons, $51.
Lane, Crawfords, $73.
PHILIPPINE MINING
||
NEWS
serves, so that the ore supply was not diminished.
.
Exploration work is being push- ed as rapidly as possible, W. T. Graham, general superintendent. reports. Outlying areas of the Baguto Gold property, not in pro- duction at the present, will be in- vestigated during 1937.
The Bagulo Gold Mining Com- pany was never in better financial condition than at the present, P. A. Meyer, president, states in the an- nual report. The company paid its second dividend in December, 1936 (the first was declared in De- cember, 1934), and as of December 31, 1930 had a surplus of P95,072-
The annual meeting of stock- Thurs- bolders will be held on Baguio Gold treated 62,792 tons day. March 18, at the American of ore in 1936 with an average re- Chamber of Commerce in Manila covery of P16.83 per ton, an ex- at 3 p.m. Directors of the com- traction of 92.57 per cent. Bullion pany are P. A. Meyer, president; shipments brought in P1,054.561:65. Ct. 6. Davis Winship, first vice- Ore reserves as of December 31 Dsident, 8. F. Unches, second 1938, were 118,050 tons valued at vice-president; J. B.. Hoover, trea- P2,186,819, Tonnage mined dur- surer: E. A. Perkins, W. 8. Price. I
Wm. Schober. Paul ing the year was practically the and same as that blocked out in re-i Whitacre is secretary.
REICHSMARK RATES
Berlin, March 16. The Reichsmark was quoted. without guarantee, at:-
New York,
Pazie
Amsterdam, low
SİNGAPORE RAW RUBBER
F.
Ewo Cottons, Sh.$15.60. S'hal Cottons (Old), Sb.$115. S'hal Cottons (New), Sh.$90. Entertainments. $41. Constructions (New), 421 cts. Govt. 4% Loan, 84% Prem, Vibro Piling, $7.00.
SELLERS H.K. Banks, $1,860. H.K. Lands, $364. H.K. Realties, $51. Dairy Farms, $274,
SALES
H... Banks, $1.855/1.8571.. Union Ins, $630. H.K. Wharves, $114. Providents (Old), $2.29. Rauba, $12.85.
H.K. Hotels, $7/7.10. H.K. Lands, $30. HK. Trams. $144/15. Star Ferries. $881/89. 'China Lights (Old), $14.40/.55.
HK, Electrica, $584/.58. Telephones (Old), $304, ЯK. Ropes, $45, Dairy Farms, $271. Watsona, $54. Constructions (New), 45 cts. Paracale Gumaus. $1.051. Govt. 4% Loan, 81% Prem.
LARGEST RAYON
FACTORY IN CHINA
China will have its largest rayon factory at Wusih, Kiangsu, next January. It is learned from B. h. JOSEPH & CO.
the Ministry of Industries: Cap- italized at $4,000,000 by Wusih silk. Hong Kong, Mar 17, Menara H. B. Joseph & Co., re-industrialists, the factory will, how ceived the following quotations ever, be placed under the control from Singapore in Straits Currency of the Ministry. The daily out- for Raw Rubber g
put of artificial silk is estimated to be three tons.
..40.225 ......877 73.58
Amsterdam, high
....73.62
London.
12.146
Paris sterling, 'low
.106.40
Spot
Parts sterling, high
106.43
«US, dollar, low
23.774
July-Sept.
US dollar, high
(21:779
Transocean #ews Hervies.
Oct-Dec. Market-Firm,
Buyers
401 Op 2 .41 Up-11 414 Up 17 411 Up 21
April-June
It is also reported that another rayon factory will shortly be estab- lished in Shanghai jointly by the Shanghai Silk Industrial Associa- tion and the banking circles there,
ון
Paris"
Geneva
Berlin
Athens
Milan
March 16
March 15. 106-13/32
21.46
108-25/84 21.45
12.144
92-13/16
12.15
4.8819/32
4.8821/32 8.941
Amsterdam
Vienna
Prague
Madrid
Lisbon
Hong Kong
Bombay
Montreal'
4.881
29.00
.4.881
20.01)
Yokohama
Belgrade
Monte Video
RIO
Bucharest
"Sliver (Forward)
Silver (Spot)
War Loan
ON LONDON:
201
201
207
31% 2011
34% 1013
Closing Quotations
March 17, 1937,
Telegraphic Transfer:..
11/2 Bank Bills, on demand 27/32 Credits four months'
sight
1/3 1/22
ON SHANGHAL:-
On Demand
ON SINGAPORE:-
On demand
On JAPAN:-
! ON NEW YORK:-
Bank Bills, on demand 30 8/18 Credits, 60 days' night. 30 9/16 ON BATAVIA
On demand............ Chr Piais:
54.
Bank Bills, on demand 655 Oredits, 4 month's sight 800 ON SAIGON:-
101
On demand
52$
ON MANILA:-
On demand
106
OX BANGKOK :-
Bank, ou demand.............
Telegraphic Transfer... | 914"
On demand
ON INDIA:-
On demand SOVERCIONS
Rate
Bank Baying
BAN SILVER, per on
C品質
|
60 3/10
1407
Lumpur Shanghai
Singapore Lyons Sourabaya Malacos Sungei
Patani Tientsin
Hamburg Muar
Hankow
(Jobare) Tokyo
Harbin . Mukden Tsingtao Hongkew New York Yokohama
!
in
The Bank's Head Office in Lon- don undertakes Executor & Trustsa business, and claims recovery of British Income Tax overpaid, on. terms which may be ascertained mi any of the Agencies and Branchen.
A BREARLEY,
Manager.
Current Accounts opened Local Currency and Fixed Deposits ( received for one year or shorter 14, 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 RANK
THE Business of the above Bank is conducted by the 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. 1st March, 1937.
BANK OF EAST ASIA, LAITED.
Authorised Ospital ...$10,000,000,00 Paid-up Capital ... 6,598.800.00 Reserve and Undivided
Profits
9,885,395.59
HD Orric-Hona Koro No. 10, Des Vaux Road, Central
Board of Directors ?
Sir Shouson Chow, Chairman
Li Koon Chun, Esq. Li Lan Bang, Esq. P. & Kwok, Esq. WongChuSon, Esq. Wong Yun Tong, aq. Kas Ying Fu, Esq. Chan Ching Shek, Esq.
Kan Toug Po, Baq., Chief Manager, La Tre Fong, Esq., Manager.
1/231/72 Batavia £0}}
Gaumont-British Negotiations
Branches and Agencies;—
THE CHASE BANK
QUEEN'S ROAD CENTRAL
HEAD OFFICE::
18, PINK STREET,
NEW YORK.
An American Bank offering com
plete Foreign Banking Servios in the principal Markets of the world, Interest Rates on Application.
SAFE DEPOSIT BOXES
*
This Bank is entirely owned by
THE GUASH NATIONAL BANK, Naw YORK, with Resources over U.S. $9,027,000,000.00
D. M. BIGGAR,
Manager.
THE TOKOHAMA SPECIE BANK
LIMITED
Capital (fully paid up)
Reserve Fund
Yen 100,000,000 00 Yen 132,050,000.00
HEAD OFFICE-YOKOHAMA
BRANCHES. AND AGENCIES AT: Alexandria Honolulu Rangoon Bangkok sinking Rio do Batavia
Janeiro San
Francisco
Berlin Bombay Calcutta
Canton
Karachi Kobe
London
Los AngelesSeattle Manila Semarang Shanghai
Dairen Moji
(Dalny) Nagaiaki Singapore Fengtion Nagoya Soerabaya
(Mukden) New York Sydney
Hamburg Osaka
Hankow Qtaru
'Harbin
Paris
Tientsin Tokyo
Tsingtao
11
Hong KongPeiping Yinkow
Interest allowed on Current A. counts.
Ei
Amey
Bombay
Fazantz Kowloon Londen
Вортуй
Reardon
Manila
Baigon
Sysday
Calcotia
Melbourne" Bas Prane
Talhoku
sla
Tientela
Walphong
Hankow
Honolula
New York Beachle
Parie
Tokre
Deposits received for Fixed Periods at rates to be obtained on
Beco
Vancouver
Ebangh
Yakobama
Kobe
11
Pelping
Blogspore
Y. KANO,
Manager.
application.
Every description of Banking Hong Kong, 10th March, 1937. and Exchange business transacted. Coazi granted securities.
Current Accounta
approved
opened a GERMAN RECOVERY
FROM DEPRESSION
tlon's contracts with existing play- Local Currency and Fixed De ers and film directors, Hlability un-posits received for one year or der which amounts to about £100.-shorter periods in Local and 000, and to work, them out either Foreign Currencies on terms which at the Gainsborough, studios at will be quoted on application, Islington, or, the new Pinewood Aafe spósit Boise To Let. KAN TONG PO, studios at Iver, Bucks.
Chef Manayees.
Negotiations affecting the fate of - I understand that Mr. Woolf is the Gaumont-British Corporation's willing to take over the Corpora- production activities are being continued, states the "Daily Tele- graph's" film correspondent. No decision was reached, as the fol- lowing official statement indicates: The Board are well aware of the pubile interest in the future of the Corporation, which has played so prominent a part in the history of British film pro- duction and exhibition.
Mr. Woolf would also undertake distribution, and guarantee a sub- stantial sum against each picture, It is stated that the Gaumont Their first duty, however, is to British directors representing their shareholders, and any pre-American interests are agairist mature statement from the abandoning the Corporation's 'aç- Board must prejudice the de
tivities as producers. licate and complex negotiations which they are conducting with the single object of strengthen- ing the Corporation's trading position.
All that can be said. at this stage is that, a proposal is un- der examination which will a5- sure the Corporation a sub- stantial revenue on the produc- flon side, while leaving it free to develop its prosperous thea- tre interests. ***
A further meeting of the Board will take place and if it results in any final decision a statement will be issued forthwith."
"ME. C. M. WOOLF'S OFFER The offer which is having most serious consideration is one from Mr. C. M. Woolf and his associates, to which I referred recently.
British Commercial Agent At Burgos
i
EXTRA MANILA CLOSING QUOTATIONS
Hong Kong MB 17 Extra. Mantia closing quotations gures kindly supplied by Mesara, Ellls and Edgar.
*
Associated Mines Acoje Mining 'Angélo
The presence at Burgos of Mr. A. Ipo Gold J. Pack, Commercial Secretary of Gold River the British Embassy to Spain, Mother Lode: which is now at Hendaye, has Patacale Gold beer omcially, confirmed.
Balacot
Berlin, March 16.
An indication of the rapid re- covery Germany is making from the world economie", depression was given in a speech, made in the Deutschebank to-day by Dr. Mosner.
He said that it was generally known that the German banking system collapsed in 1981 when the immediate repayment of short term. credita" was demanded,
The Government came to the rescue of the banks but as a.m.. p.m. security for the sums advanced 2009 2009. shares had to be deposited" with the Gold Discount Bank, which was really one department of the Reich, Bank
201 216
.15 *.15
Dalong w
171 .178
Gold: Creek
241
245
27
.08
121
28
1.125 .265
0807 021 351 .355
43325 25
.193.
25 195
12
22$
Official circles Inalat that this Batong Buhay does not imply a recognition of the Universal Expl. government of GenFrancisco | Bued Franco, but do consider that it will Dayaka, give importance to the commercial Crown Mines, exchanges, between Great Britain Mambula and nationalist, Spain. Following Byndicate Invest. the suspension of the sinking funds Tinago between the two countries, an ex- Santa Rosa change of views had become neces- Mine. Operations, sary, they savert-Havar.
021
The Deutschebank at that time had had to deposit nearly 50 million marks worth of its own shares" and this for a time. actually became the property of
the Reich Government.
In the last few months, how- ever, these have been re-purchas- ed so that to-day not a single share remains in the hands of the Government, this being in keepitig with the principles of National Socialism, namely, that all private capital should be utilized so
to advance the welfare of the whole nation
Transocean News Service.