12
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
THURSDAY,
Sharebrokers'
Association
Kayn
nalec Daffera
W
Bayern
Sellers
MARCH. 25.
387
$390
3630
$1.40
$1.40
$297
$13.10
ii.
Banks
H.K. Banks
+42
$1,200
£118)
210
Do. (London) .... Chartered Banks ....
2116
£337
Mercantile Brs. “A”
233
£16
事案
Du.
Bank of East Asia... 387 N. U. & S. Banks....
Insurances
Canton Insurance...
Union Insuraudan ...
Underwriters
A $1,40
H.K. Firsa..pasersten
International Assos, 3. Suipplug
Douglaser sessuales
FIL
337
391
Steanabo ******
136
Indos (pret) .........................
172
Do. "(def.)
135/..
Shelley
zd
$0.65
Waterboata
Mining
20/
Raubs
T
!!!
13
Kailang
Venezuela Gold Fid. 361
Docks, Wharves,
Godowns, etc.
1118
$118
LK, & K. Wharre
$2.30 12.40
Providents (old)
$3,30
120 ct..]
Do.
(Bow)
132
389/1
$109
$8
***
$16
H.K. & W. Docks
Shangnai Docks S. New Engineerings8. Lands. Hotels, and, Bui dings
14
Do. 4% Dobentures $109
!!!!!
HONG KONG DAILY PRESS, MONDAY, MARCH 29, 1937.
THE SHARE
MARKET
Harriman's Weekly
Saturday, March 26. Messrs. G. A. Harriman & Co.'s weekly share report and market review issued to-day states
The Hong Kong market has been most active throughout the closes, for the Easter week and
Flo holidays in buoyant mood with Mayila buyers still unsatisfied.
$2.
D
₤320,' 5830
shares were easy early in the week but that market has steadied, and confidence appears to be return- the holiday that after ing, so 1997 recess we look for some improve-
ment shares.
$35
$39 135/
xd
19/6
!!!
+
$118 $1.35/40
20 cte. *ARİ $101
1361
$7.80
€7.00
H.K. Hotele
$7.80
$301
H.K Lande.............Ď.
$105
Shanghai Landa...8.
Metropolitan Landa..
6/0.10
B.K. Realties.........
8/6.05
Chian Do
$80
Jo. Debenturess.
Humphreys.......................
$0
ST#
Chinese Esta Des............
Catton Mill
$115
Do
(ne)s.
#
31
Zoong Sings...... 5.
$30
144
Wing On Loxtiles(S.)
$52
Pobile Cülities
-$15.40 $15.30 152/9
i...
15.40/4,80
31
$881
Poak Trams (old).......)
Du. Star Furries
*
:42
{10}...]
12
$271
Ewos....... $18.40
-S'hai Cottonstaldƒ5.
Tramwaya.....$15,40
$14.20 $16.10. 15.10/14.95
Yaunusti Ferries... $27 China Lights (old)... $14.90)
Do. (New)... H.K. Electrica....!
Sandakan Lights... Telephones (old)...!
$112
201
3:14
131
3132
881/1
380
Macna do
Do.
(Dow)
301
China Busus......8.
27/0
Tractions.................
171-
Do. (pref.).
Industriala
$10 Caldbock, Lord! S.
Macgregors(prof.
Canton.icos
$17
$15.60) 316
$43
Coments
$101
32*
$1.80
#81
131}
#15.10
S
131/30
1.70
$151
$15.40)
14.45
||
$90
,
127
cd"
Hopes.....
Miscellaneous
Dairy Farms
Ch. Etainment...... $4.63 Constructions, (old)
Do.
(LOW)
Lane Crawforda... Nanyang Tobacco...
Staceres
Watsons
3. C. Enterprises 98%, b.G.5%19254. Bd.
proc. 8%
prem. 14%
1.5. Govt. 4% trausl
Do. 34%
$60 H.K Wing ба
: ཚ་ལྷཚེགས
*
Hong Kong Electrics are Bow keen up to $81.50, stil hava
buyers. China Lights (old) have been active but close about un- 315.10 middle. The changed at "New" are elther side of $12. Hong Kong Trams spurted to $15.90 but at close are available at $15.80 buyers. $16.65, Bales ofi
nt Star Ferries. were reported $883 but Yaumati Ferries are $11 higher at $27 bid, cum dividend. Telephones (old) are $31) and the "new" much firmer at $13.75. Sandakan Lights continuc to be enquired for at $11 and Peak Trams (old) at $4.
LONDON EXCHANGE RATES
Paris
Geneva
...Berlin
Athens atlan Copenhagen Stockholm Shanghai
(British Wireless Service)
.Mar. 22.
108-23/84
21.442
13.141
.921
21.441
12.15
860,000,000
Mar. 23 106-23/64
BANKS
HONG KONG. AND SHANGHAI | THE CHARTERED BANK OF INDIA
BANKING CORPORATION
Issued & Fully Paid-Up 820,000,000
Starling.....................
Reserve Lisbility of -
Proprietora
6,500,000
AUSTRALIA AND CHINA Incorporated by Royal Charter, 1539
HEAD OFFICE: LONDON.
Paid-up Capita).
$10,000,000 Reserve Fund..
Reserve Llability of Pro-
pristers...
............. £3.000.000
Agencies and. Brancher:—
ALOR BTAN - İLOLLO AMRITSAR IPOH
BANGIOR
TANGON
14
02-25/32
New York
4.88-5/16 8.92)
4.88-19/32
8.927
Amsterdam
140
Vienna
Authorised Capital
Reserve Funds: -
Hong Kong Currency
Reserve
£3.000.000 £3.000.000
$20,000,000
Head Office:-HONG KONG
SEMARANG
Prague
Madrid
Lisbon
Board of Directors. G. Mişkin, Esq.,
M. T. Johnson, Eaqi,
KARACHI
SEREMBAN
'
Chairman.
Hong Kong
BATAVIA BOMBAY BELJUTĪTA CANTON
KLANG
BHANGHAI
Bombay
29.00
29.011
CAWNPORE CRIT:
SORE KUALA
LUMPUR KUCHING
SINGAPOR
SITIAWAN
JOURABAYA
MADRAS
Montreal
Brussels
4.87$
4.88
Yokohama
·Belgrade.
Monte Video
Rio
Bucharest
Silver (Forward)
Bulver (Spot) War Loan
"Closing Quotations
"Deputy Chairman.
J. E. Bousfeld, Esq AH: Compton, Esq., Hon. Mr. H. Dodwell, J. R. Mason, Esq.,
K. S. Morrison, Esq.,
"Hon. Mr. J. 1. Paterson,
T. E. Pearce, Esq.,
A. L Shield, Esq.
Peiping Penang Rangoon Saigon San Fran-
cisco
201 31% 102-1/18
201
"V. M. Grayburn, Esq.,
Chief Manager.
34% 1021
Amoy
Bangkok
Branches:___ Iloilo Ipoh
March 28, 1837.
ON NEW YORK:—
Batavia
Johore
On
London:-
Telegraphio Transfer..
Bank Bills, on demand 30 3/18 Credits, 60 days' night. 30 9/16
Bombay
Kobe
Calcutta
Kowloon
11/9
ON BATAVI
Canton
Kuala
On demand
64 1:18
Chefoo
ON PARIS-
Colombo
London
1/3 1/32
Bank Bills, on demand 657
Dairen
Ox SHANGHAI:→→
On Demand
an
101}
ON BAIGON-
Haiphong Manila
$4.90
On demand
ON SINGAPORE:—
On demand
528
ON MANILA:-
On demand
On JAPAN-
ON BANGKOK:---
Or demand
106
On demand
Cements have been dealt in, in quantity and are now in demand at $15.50. Ropes. are buyers after sales at this
Dairy Farms sold at $271 cum and Watsons are, wanted at $52.
Considerable business Wag negotiated in Providents. (old) between $2.20 and $2.40, closing buyers at the higher price.
Wharves sold at $116 and are now wanted at $116.
Hong Kong & Whampus Docks are still higher at $321 ex divt- dend, with buyers predominating. Douglas's have buyers at $37 and sales of Steamboats were, report- ed at $91.
Bank Bills, on demand/27/39 Credits. four months'
sight
ON INDIA:-
Telegraphic Transfor... )814.
Bank, on demand.........
Credits, 4 month'e sight $87.
BOVERKIONS Bank
Rate
BAR SILVES, por o
................. 05 0.8
Lumpur Shanghai. Singapore Lyons Sourabaya Foochow Malacca Sungei
Hamburg Muar
Hankow
1
60 3/18
Harbin
Hongkow
Buying
149
1/23 39 ...... 50 9/10
PHILIPPINE MINING
NEWS
The Federated Management and Investment Syndleate acting on the recommendation of Clifton W. Livingston, mining engineer, "ac- quired 30 claims of property for the Mother Lode Mining Co. Inc., one of its subsidiaries, in eastern Abra The syndicate approved a budget of Pi55,000 for one year's the "Manila. operation,' says Bulletin."
The present plan is to have 7,200 feet of drifts, crosscuts and raises, and 28,000 tons of ore so that with-- in one year's milling a machine having a capacity of 100 tons may be ordered. As estimated by Liv ingston, the equipment chosen will make possible the development of 600 feet of drifts, crosscuts and raises.
Pataui Tientsin
(Jobore) Tokyo
Mukden Tsingtao
New York Yokohama
opencil
in
COLOMBO MANILA
DELBI
HAIPHONG
HAMBURO
HANKOW
HARBIN
MEDAN
NEW YO
TAIPING
TIENTBIN
TORUKAR.
(Bhuket)
TSINGTAO
PRIPING VA. YOKOHAMA
(Paking) CAMBOANGA PINANG
HỒNG KONG BANGOON
FOREIGN EXCHANGE and General Banking Business transacted.
OURRENT ACCOURTS opened and FIXED DEPOsirs received for Ou Year or shorter periods at rates which will be quoted on applita tion...
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 s any of the Agencies and Branches
A BREARLEY,
Manager.
Current Accounts Local Currency and Fixed Deposits received for one year or shorter" periods in Local Currency and 15, Sterling on terms which will be quoted on application.
Also up to date Safe Deposit Boxes in various sizes To Let. Hong Kong, let March, 1937,
HONG KONG SAVINGS BANK
| "In my several examinations
HE Business of the above made in the Baguio district with-in conducted by the in the past two months, I have HONG KONG & SHANGHAI found nothing which can in any-BANKING CORPORATION. Rules way compare with the showings at may be obtained on application, Abra on the Masisiyaat and Garso Broups," declared Livingston. "Un- less
some unforseen .conditiona exist, I feel confident that I given sufficient capital and operating equipment. I can block out enough -cre within one year to warrant the erection of a 100-ton per day mill en the property."
For the Hona Kona & Bhanghai
BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 1st March, 1937.
BANK OF EAST ASIA,
LIMITED.
Authorised Capital. ...$10,000,000.00 Paid-up Capital 6,599,600.00 Reserve and Undivided"
Hotels have been heavily bought up to $8.15 cum, dividend ärld there are now many hore buyers than sellers of this po pular share. Lands improved to $30 bid and Realtys to $31.
Humphreys are
enquired for near $9. There are buyers of Raubs
and of at 313.15
New Goldhelds of Venezuela at $61.
Insurance shares have shares In the general firmness. Untions are $630. cum Cantons $320 and Hong Kong Fires $2974 cum all buying rates. China Under- writers spurted: sharply to $1.40.
Express Satisfaction Hong Kong Banks are quietly
Teodoro M, Kalaw, president of steady at $1860 and Bank of East
the Federated syndicate, recently advised Benjamin Ohnick, vice- Asia can be placed at $87).
Philippine mining. Not much
president of Marsman and Com- business has been done in this
pany, about the termination of the section, but there are now buyers
contract between the Mother Lode 47ets, in evidence for Antamoks round
Mining Co. Inc., and Mareman $2.20. Suyocs at 69 cts. and, Con-
Good Discovery
for the development of the former's No. $8
solidated Mines at $61 ets.
Livingston reported that the claims in Mambales. The Mother Closing comment. Hong Kong Masisiya at and Garao groups in Lode" directors expressed satisfac
shares included very firm. with most
in the reservation is tion over the extensive develop- active demand. Manila. quiet, but
one of the best mineral dis- ment work made by the Marsman steady.
coveries made in the Philippines.firm in the Mambulzo claims, He estimated that 1,800 tons at P33 per ton, or about a total of P60,000 of possible ore, is in sight in the 150 feet of tunnel already driven. Another tunnel with an average of 14 inches contains about 100 tons, of possible ore which, at estimated value of P45 per ton, adds another P4,500 to the P60,000 making a total of £900 tons or possible ore at a value of P33.80 per ton, and a total of P64,500 in sight.
12.40
$8,80
31
38*
*$101
Wallace Harper .....
H'nal Do.
$74
$7
Vibro Piling
'*Sales to Shanghai
Croydon And Imperial
Airways
...
Just over ten years ago, on Le-through. Each boat will then fy cember 27, 1926, Sir Samuel Hoare, right through, and the old custom then Air Minister, and Lady Maud of changing to different types of Hoare left Croydon at the chilly aircraft for the different stages hour of 7.36 a.m. in a D. H, Her-will be abandoned.
cules aeroplane, with the late Cap-
ITALO-YUGOSLAV AGRÉEMENT
Belgrade, Mar. 25.
WORK AT
PORTSMOUTH
New Airport To Cost £1,221,452
The work of constructing the new maritme airport at Langstone Harbour, near Portsmouth, will start as quickly as possible. By a majority of two votes only, Ports- mouth City, Council decided to build the port as a municipal undertaking at a cost of £1,221,- 452; towards which the Govern ment are giving £600,000, besides guaranteeing för Afteen years an income of £30,000 per annum.
Preliminaries have been taken
can
די
Profita
2,776,720.76
HEAD OFFICE-HONG KONG
10, Des Voeux Road, Central.
Board of Directors:
Sir Shouson Chow, Chairman Li Koon Chun, Esq. Li Lan dang, Eaq: P. K. Kwok, Esq. WongChaßon, Esq. Wong YunTong, Haq. Kas Ying Pu, Esq. Chan Ching Shek, Esq.
Kan Tong Po, Esq., Chief Manager. Li Tse Fong, Esq., Manager.
N
The Federated Management and Investment Syndicate will continue the development of the Mambulao reservation. Diamond drilling: in Mambulso shows the veln, exists. which is at least 700 meters long and a 3-foot wide. It is believed that within two months of exten-By sive drilling, the real vein will be reached. The firm will resume the prospecting of the properties at reduced cost, it was declared,
Franco-American
Economic Relations
To secure operation between the three coun-
tries will shortly be presented.
So declares the "Agence Econo- mique et Financiere.", which states What
the American Ambassador in
America a "Ambassador at Large," Mr. Norman Davis, are now on their way to Europe, with definite
NEW MOVE BY
STRIKERS
Court Asked To Intervene
Detroit, Mar. 28
Balconta
denten
Halphung Hac bow
nalala Kobe
Branches and Agencies -
Kowloon
· Landon Rangoon
Fanang Boursbays
Bwataw
Bydaży
Tathoka
Tientala
Видол Melbourne-Ban Fran.
Manda
Agak!
elson
New York Joastle Tokyo Chaka
YADCOmar Parle
Yokohama
Barang
Shanghai
Priping Singapor
"THE CHASE BANK
QUEEN'S ROAD CENTRAL
HEAD OFFICE:
16, PINK STAXXT,
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
This Bank is entirely owned by THE CHASE NATIONAL BANK, New Yoxx, with Resources over U.S. $9,027,000,000,00
D. M. BIGGAR,
Manager.
THE YOKOHAMA, SPECIE BANK
LIMITED
Capital (fully paid up)
You 100,000,000 00 Reserve Fund Yen 132,680,000.00
HEAD OFFICE:~-~YOKOHAMA
BRANCHES AND AGENCIES. AT: Alexandria Honolulu Bangoon Bangkok Hainking Rio do Bataria Karachi
Berlin Bombay Calcutta
Canton Dairen.
Kobe
London
San
Janeiro
Francisco
Los Angeles Seattle
Manila ∙Moji
Semarang Shanghai
(Dalny) Nagasaki Singapore Fengtien Nagoya Surabaya
(Mukden) New York Sydney Hamburg Onaka
Hankow
Otaru
Harbin Paris
Tientsin
Tokyo
Tsingtao
Bong KongPeiping Yinkow
Interest allowed on Current A
Deposits received for Fixed Perioda at rates to be obtained on application.
Y. KANO,
Manager.
Every description of Banking Hong Kong, 10th March, 1937.
and Exchange business transacted,
Loans granted од approved securities
Current Accounts opened in Local Currency and Fixed Do posits received for one year. or
Local shorter periods in
Foreign Currencies on terms which will be quoted on application. Safe Deposit Boxes To Let
KAN TONG PO;
Chief Manager.
BERLIN BOURSE
CLOSES
LABOUR STRIKE
“TU GAMEOSTAS
IN BREST
Naval Programme Held Up
Paris, Mar. 27.
The French" naval and air re- armament programme threatens to be delayed by a labour dispute in Brest."
tain F. L Barnard as pilot, to y to India, and so start the Empire services of Imperial Airways, states
Paris, Mar. 26. the "Manchester Guardian" of
In band; but it may be six months before constructional work March 4. To-morrow an incoming
Proposals from the" United landplane will arrive at Croydon'
begin. Compulsory powers have states Government to France and and will be the last aeroplane on A five-year, renewable Italo-to be obtained for acquiring land Britain for closer economic co- the Empire routes to use the air-Yugo-Slavian agreement was sign from private owners. port as its terminie. Henceforthed here to day whereby these two these powers a Bill may have to all the aircraft on these routes will nations undertake to respect their be promoted in Parliament. And start from and alight on water off common frontiers and those on the before flying boats can use the the Bouth coast. 'The terminus at
Adriatic Sea, and abstain from any harbour runways for thema must be present is Southampton Water, but action benefiting an aggressor in dredged. Under the scheme Lang Paria, Mr. William Bullitt an it will be changed to Portsmouth the event of aggression against one stone Harbour will be made into when the new seaplane base there of them by one or more powers. a level water lake with a depth of
Berlin, Mar. 20. is ready,
Moreover, they have agreed to 8th at low water mark at ordin-
The Bourse closed yesterday for
Over 5,000 workers employed: in The real significance of the come to an understanding for the ary spring tides.
instructions from President Roose-
the Easter recess
the naval arsenal and aircraft fac... » of their interestal It Three runways,, each one mile: change lles not so much in the de-defence
velt
The share market presented atory are threatening to pročlaim a sextion of Croydon where the air-threatened, or in the event of long, have to be provided. From president Roosevelt, the paper port authorities will, be, grateful for international complications, and these runways a 200 yards wide declares, wishes to draw the three the Circuit Judge to issue a man- different appearance to that of general strike unless their demand this relief to the volume of traffic will not allow, on their respective channel will as in the use, of flying-boata, in- territories, any action against the basin. Three barrages will close great democracies of the world datory injunction requiring the recent sessions, business being for higher wages is accepted by the
the union as the sole bargaining buying orders. stead of landplanes. At present territorial integrity of established the entrances to the harbour, and closely together by an "economie Chrysler Corporation to deal with brisk and operators placing large
A resolution adopted by the over, the barrage at the western alliance.
workers declares that they will these large, fast, and luxurious order in the other country.
It is his desire to hasten econo-agency for its employees):
Banks also placed orders for support any action ordered by boats only fly as far as Alexandria, The agreement is not to be con- entrance will be carried a new road
The Court waa" asked to restrain mie recovery in the three nation's
the Corporation from violating the leading shares though, the general their Union for pressing their and from there landplanes carry sidered contrary to existing agree- into Portsmouth.
The new road will cross the wa- by certain tärin redactions. on to South Africa and Australia.ments in which the two countries
ter at the eastern end of these The paper believes that the Wagner Labour Relations Act, pro-public was still-holding, off But every fortnight another flying participate. boat comes out of the Short Bro- An economic agreement was also fortifications and will give Forts-French Government win he gladding that the majority of the thers' works on the Medway, and signed, providing for extension of mouth a much needed direct out to accept Mr. Roosevelt's proposals membership off any factory shall! before the whole batch of twenty-quotas and the creation of a per- let into Busses. A large aerodrome but expressed the rear that the be recognised by the employers as Ave has been delivered Imperial manent International Economie is to he laid out on Langstone plan will meet with some opposi- the exclusive collective bargaining Airways will have a large enough Committee- feet to send the boats right Reuter
lead to a mooring
'។
shores for the use of land ma- tion in Britai
'chinek. “
Transocean News Service
M
A new move'in the stay-in strike situation occurred when the United Automobile Workers Union asked
agency"
Transocean Nessa Servios.
Government.
claims.
ין
The resolution rejects the inter- pretation which is being given. by Premier Leon Blum to the cisuse ber, the Wagner concerning payment during work-
ers holidays. Transocean aita Bervios.
Act, is constitutional
The Supreme Court is at present Heuter.