TONGZAR
10th Apr. Closing Rates
9.43
8. 'S.
9.43
2162
188)
N. U. & S. Backe ...
12
Insurances
$390
Canton Insurans,
Aatamoks. Atoks
1.15
1.15
1,25
#
33 341
39 34 32
1630
Union insuranova ...
+836
Baguio Gold
23
***
Unquoted 214
$1.00
Underwriters
$1.65
I
1985
H.. Fires.'
$255
Bonguet Consol
...11.50
11.50 12.00 11.78
14}
Intaruatiouai Asrce, 5.
Benguet Explor
il
11
An
Shipping
Big Wedge
22
$60
DA
24
411
$56 19
Donglases SEL
Stamboat
$36
Indos (pret)
£50
Do. (det.)
$9.46
Waterboats
!!!!!!
138
Coco Grave...
3
56 30
19
Consol Mines
.032
032 .039
$35
"DAILY SHARE QUOTATIONS
Hong Kong Stock
Hayes Baline
#166 +
Exchange
Malou
£33
MONDAY. APRIL. 12.
Banka
ti.b. Bauka
Sharebrokers'
Association
Bo. (London) ***) Chartered Banks...
Mercantile Bas "A"
Do.
."U
defere Indyara
Main
Bank of East Asia...} $387
31,000
B15)
233)
HONG KONG DAILY PRESS, TUESDAY, APRIL 13, 1937.
H. K. STOCK EXCHANGE
AND
H. K. SHAREBROKERS' ASSOCIATION
Philippine Gold Mining Quotations
12th April, 1937
Timo Received
9.58 10.01 10.17 10.37 10,45 11.06 235
cios.
BANK'S
HONG KONG "AND SHANGHAI | THE CHARTERED BANK OF INDIA
BANKING CORPORATION
Authonisod Capital 850,000,000 Issued Fully Paid-Up $20,000,000 Reserve Funds:
: Starling
AUSTRALIA AND CHINA Incorporated by Royal Charter, 1859
Reserve............ 10,000,000 Reserve, Fund y
priators..AKAM
Agencies and Branches:-
ILOILO
BANGIOK KARACHI
SAIGON
SEMARANG 15
HEAD OFFICE: LONDON-
42,
....£8,500,000
Hong Kong Currency
Pald-up Capital....
81.000.000 £3.000.000
Reserve Liability of Pro
Reserve Liability of
Proprietors
23.000.000
..............$20,000,000
clow.
248 3.02 3.16 3.39
Head Office:-HONG KONG
ALOR STAR
AMRITSAR IPOH
Board of Directora.
BAREMBAN
ド
} ། །
Q. Miskin, Esq.,
BATAVIA KLANG
SHANGHAI
311
Chairman.
BOMBAY
КОРЕ
BINGAPOR
Hon. Mr. M. T. Johnson, R,
CALCUTTA
KUALA
SITJAWAN
Deputy Chairman, | CANTON -
LUXPER
BOURABAYA
J. E. Bousfold, Esq.,
CAWNPORE
KUGHING
TAIPING
A. H. Compton, Esq.,
MADRAB
TIENTSIN
S. E. Dodwell, Exq,
COLOMBO
MANILA
J. E. Masson, Esq.,
DELHI
MEDAN
ESIPHONG HAMBURG
NEW YORI
1.30
தர
Demonstrations
73
78 81
77
113/9
E. Mindanao
G. Goldfeld.
BOL 201 100
281 18
18
lining
21/8 Kailansin. BeanDe
21/6
Itogons
1:15 1.20
1.10 1.20
1.10
1.10
1.15
༣། ཝེ།
H
A
N
T. E. Pearce, Esq
N
$130 RauuN in $13.80
I. X. L.
70
77 80 76
E
18
Vellezucia told Fid..
***
Masbates
34
34 34 341
D
Docks, WhaIVOS,
Min, Resources
20
31- 97
Amoy
32,15
$30
3117
25. cts.
$7.00
1381
#105
+10
Siv
***
260
Da Debontures 2.
SH
STA
..
$169
$34
Godowns, etc.
HK, &E, Wharves.
Providents (oki) ... 19.20
Do.
(DAW)
H.K. & W. Docke
Shangnai Docks S. Now Engineerings9. Lands, Hotels, and
H.K. Hotels
H. Lands.......... 2301
Bangkok
'Northern Mining
OB 10
Batavia
Johore
3118
Paracale Gumaus
GO
55
62
58
39.20
San Mauricio
1.95
1.90
2.00
57
1.95
Bombay
Kobe
Calcutta
ડ્રગ
30 sta
Canton
Kowloon Kuala
1301
Suyoo Consol
381 371 391
38
Chefoa
$101 33.
United Paracales
67.
69
63
07
Colombo
Dairen
Market Comment.
3
ន
ន
વ S
..$ S
ទ S
S 8 D
છુ
Foochow
isul dings
$7.0
Do.4% Dobeatures
Sangui Laude....
Metropolitan Lands..
Evolv - - - - - - -
Hamburg Muar
$7.75 136
cd
H. K
STOCK
#101
EXCHANGE
LONDON EXCHANGE RATES
(British Wireless Service)
$120
*P3
$16
LO
34
31
187
-31
144
$16.101
China Doua edi
19.20
܊ ܃ ܃ ܃ ܃
3103
Humphreys
Chincas Estates.....
Cotton Bil
S'ha CollumfuldS.
1}
Zoong Singa
¡UGWN.
Wing On Textiles(5.)
Pabits Utilitie Tramway.......................
Peak Texia (old).......
Star Fornce KORDADERA
Taumati Ferries...
$14,70 China Lights (old)... 814.8
Sandakan Lights ...)
Do. (UO)...
$18
T
#
2
YESTERDAY'S
OFFICIAL
QUOTATIONS
The market was quiet, but with
Paris Geneva Berlin....
Atheris Milan
Copenhagen
April 8.
107 25/84.
Apill 10 106-5/16
21.52
21.541
12.17
12.13.
-1/16
931
ราค
$12
63.
$30
354
few exceptions rates were main- tained where business was record-
Stockholm
Shanghai
:15.10
ed.
New York
4.86 5/16
B.941
14/
Amsterdam
4.00 8.95
+1
Vienna
$87
Prague
140 7/18
140-7/18
$25
3149
100
.**
Do.
(new)...
$60
H.K. Electrica
319
Macao do
$30
Telephones (ald)...
$12.80
Do.
(new)
11401
191
China Buses...........)
2.
$778
Fractions ................
£6/-
27/
Da. (praf.).....
*17
31
$15.40
35
$26
46 cts.
$3.0
16.401
industrials
$161 Caldbeck, aru..
Macgregorefpetì........
Canton Icsa
Comments
Kuped
Miscellaneous
Dairy Farma
Ch. Etainments...... Constructions, (old)}
Do.
(now) ota,
Nanyang Tobacco..
Sinceras
14.70 $1.60
$9
-Lane Crawfordu...
$5.60
$25
::
28.31
Lisbon
Hong Kong
Bombay.................
29.061
29,09
Montreal .......
4.882
4.89
Yokohama
214.
Belgrade
Monte Video .
Rio
Bucharest
€70
670
Sliver (Forward)
21.
20-15/16
Silver (Spot)
21 1/18
34% 103 1/16
Providents (Old) changed hands at $24, Telephones (New) up to $12.60 and Dairies at $254, a slight Improvement In each case, but Wharves declined to a business don's rate of $116..
With the exception of Antamoks, which were harder at Ps.1.20 the trend of Manila prices was attle. lower again.
BUYERS
HK Banks, $1,880.
Bank of E. Asia, $88†,
Underwriters, $1.60.
H.K. Docks, $304. Providents (Old), $2.15.
HK. Hotels, $7.65. H.K. Realties, $51. HK. Trams, $15.
Peak Trams (Old), $44. Peak Trams (New), $1. Sandakan Lights, $113. Telephones (Old), $30. Telephones (New), $12.40
Madrid
Brussels
War Loan
Union Ins., $830.
Closing Quotations
April 12, 1937.
On New York: ----
Bank Bills, on demand 30) Credits, 60 days' sight. 30
ON BATAVIAI-
On demand... ON PARKS;
55
Bank Bills, on demand 675 "Oredita, 4 month's sight 70%
On LONDON:---
Telegraphic Transfer... 11/1. Bank Bills, on demand Credits, four months'
night
27/32
+
1/3 1/33
Watsons
Dairy Farms, $25.
S. C. Enterprises
ON SHANGHAI ¦---.
Blaceres, $3.05.
101
967.
Ch.0.0/1925. B
ON SAIGON
80%
H.K. Qors: 4% Load)]
Shai Cottons (Old), Sh.$12.0.
1. On demand
108
#
Dal
OF MANILA: m
Wallace Harper.....
On-demand
$60
H.K Wing On
185
8'bai Do
:72
37
Vibro Filing
prex. 8% pr. m.
*Sales to Shanghai
PHILIPPINE MINING
NEWS
capital stock, the company will start diamond drilling Just as soon as arrangements can be made to do so. The directors feel confident, Mr. Schwab said, that the eight- foot vein on the Beauty clatin will prove up a large tonnage of ore
Work at the Nayak Mining Cor that with P150,000 increase in poration is progressing satisfac- torily, according to word reneived here from an official of the mine. The assay office has been complet ed and functioning. The bodega. office and the storage house have been finished, it was RISO re- vealed. These buildings will pro-with depth. vide facilities for the men at the mine. Work at the Nayak mine is under the supervision of R. H Sherk, superintendent.
Mindanao Mining
::
Mr. Schwab stated that st eral mining enginers who have visited Virac have been very much im- pressed. At present, he reports, there are five different companies ready to deal with Virac for the operation of the property.
Shai.Cottons (New), Sh.$93. Construction (New), 45 cts.
SELLERS
HK. Lands, $364.
Star Ferries, $87...
H.K. Electrics, $801.
H.K. Ropes, 35). Watsons, $3.80.
SALES
HK. Banks, $1,865.. Underwriters, $1.60. H.K. Wharves, $116.
Providents (Old), $2{.
H.K, Electrics, $60.
On Demand
ON SINGAPORT:-
On demand
On JAPAN:-
On demand
ON INDIA:
106
Telegraphie Transfor....... | 812' Bank, on demandez
LIGHTING IN THE
HOME
Telephones. (New), $12.80/50/60A New Type Of Lamp
Dairy Farms, $254 Sinceres, $3.10. Marsamans (HK), 7/6..
HIGHER FREIGHTS
ON TIN
Increase Follows Price Rise
ON BANGTOKI-
671
601
On-demand .................. 1497 SOVERSIONS Bank Baying
Rats
J
**
BAR BULVE, per
1/231/32 20 16/18
RUBBER IN U.S.
Domestic Stocks Fall
In January
Consumption of crude rubber by A new type of lamp for general
manufacturers in the United States lighting purposes will be placed on the market shortly. It is a develop for the month of January is ment of the Ostra mercury vapour estimated to be 18,744 long tons, electric discharge lamp, which was which compares with 49,626 long invented and developed in the tons for December. January con- Wembley Research laboratories of sumption shows a decrease of 1.8 the General Electric Co., Ltd., oti per cent under December and is England, and was introduced a few less than 1 per cent, above January a year ago, according to statistica prepared by the Rubber Manu- facturers Association. tion for January 1836 was 48.505 (revised) long tona, 1*
Following recent big advances in the price of tin, further increases | years ago. } In freight rates for this commodity are announced.
ET
Consump-
This organisation reports Imports
K. S. Morrison, Esq.
Hon. Mr. J. F. Paterson,
A. L Shields, Esq.,
V. M. Grayburn, Esq.,
Chiel Manager.
Ipoh
Branches:- Iloilo Peiping Penang Rangoon Saigou San Fran-
cisco Lumpur Shanghai London. Singapore Lyons Sourabaya
Sungei Malacca
Patani
Haiphong Manila
Tientsin
Hankow (Jobare) Tokyo Harbin Mukden Tsingtao Hongkow New York Yokohama
BANKOW
HARBIN
PRIPING
(Bhuket)
TRIKUTAO
TOKURAMA
(Peking) MHOANGA PENANG
HÔNG TONG LÀNG DUN
FOR ION EXCHANGs and General Banking Business transacted.
CURRENT Accoyas opened and FIXED DEPOstra 'received for On Year or aborter periods at rates. which will be quoted on applica tion!
The Bank's Head Office in Loo don undertakes Executor & Trustee business, and claims recoTEXy) of British Incoine Tax oretpaid, on terms which may be ascertained að « any of the Agencies and Branches.
A BREAREEY,
Manager.
Current Accounts opened in Local Currency and Fixed Deponity received for one year or shorter periods in Local Currency and 15, Sterling on terms which will he quoted on application.
Also up to date Safe Deposit Boxes in various sizes To Let.
Hong Kong, 12th April, 1937.
HONG KONG SAVINGS BANK
THE Business of the above Bank i conducted by the HONG KONG & SHANGHAI BANKING CORPORATION. Rules may be obtained on application.
For the Hona Kona & SHANGHAI
BANKING - OcRPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 1st March, 1937.
BANK OF EAST ASIA, LIMITED.
Authorised Capital ...$10,000,000.00 Paid-up Capital 5,398,600.00 Reserve und Undivided
«Profits “mimi. 2,770,728.70
HEAD OFFICE-HONG KONG No. 10, Des Voeux Road, Central.
Board of Directors :-- -- Bir Shouson Chow, Chairman Li Koon Chun, Esq. Li Lan Sang, Esq. F. K. Kwok, Esq. WongChuson, Esq. Wong YunTong, Esq. Kan Ying Po, Esq. Chan Ching Shek, Eng.
Kan Tong Po, Esq., Chief Manager. Li The Fong, Esq., Manager..
Amoy Bateria
Dambay Calcetin
Canton Halphang
Hackow
Branches and Agencies :—
Kowloon Fasa
Lozdon
Manila
Sourabaya
Bangoon Batow Amigos Kydney Melbourne & Pran-
alico Planteis
New York Benckis. Tokyo.. Osaks
Bmoizia Paria
Eobe
Boxwor YADOUVER
THE CRASH BANK
QUEEN'S ROAD CENTRAL
HEAD OFFICE:
18, PINE STREET,
NEW YORK.
M
An American Bank offering com....
plete Foreign Banking Service in the principal Markets of the world. Interest Rates of Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by
THE CHASE NATIONAL BANK, NEW YORK, with Resources over U.S. $2,087,000,000,00
...
U. M. BIGGAR,
Manager,
THE YOKOHAMA SPECIE' BANK
LIMITED UNT
Capital (fully paid up)
Yen 100,000,000 00 Reserve Fund. Yen 132,650,000.00
HEAD OFFICE:-YOKOHAMA
BRANCHES AND AGENCIES Ár: Alexandria Honolulu Rangoon Bangkok Hrinking Rio do Batavia Katachi Janeiro Berlin
Kabe
San Bombay London,
Erancisco
Los Angeles Seattle
Calcutta Canton Manila Semarang Shangbai Moji Dairen
(Dalny) Nagasaki Singapore Fangtien Nagoya Sperabaya
(Mukden) New York Bydney Hamburg Osaka
Hankow Otaru
Harbin Parin
Tientsin
Tokyo:
Taingto
Hong KongPeiping. Tinkow
¦¦ Interest allowed on Curtént Ac
cobrita
Deposits received for Fixed Perioda at rates to be obtained on application. A
Shaghai Tokohama
Piping Blogspora
Aero En
ཟླ༔
Y. KANO,
Manager.
Every description of Banking Hong Kong, 10th March, 1937. and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in H. K. SHAREBROKERS' Local Currency and Fixed De
ASSOCIATION posits received for one year or shorter periods in Local and Foreign Currencies on terms which
Bafe Deposit Boxes To Let.”. "KAN TONG PO,
Chief Manager.
the
At that time it was stated that
EGYPT'S NEW ROADS Philippine Dorado
the new lamp was more suitable
AND BRIDGES Placido Mapa, president of the
The contract freight rate on tin for street lighting purposes than Philippine Dorado Mining Com-
from the Straits to United States any other, but that later it might
Construction Cost Estimate Mambulao-Santa' Bosa ...--- pany, recently arrived in Baguio,
Atlantic and Gulf ports at present be available for various Industrial where he visited the property of Silverio Diza, accompanied $18.50 (US) per no cwt which and commercial uses. This pro- of crude rubber for January to be
The cost of constructing the company in Itagon. Mr. Ma- by Luis B. Montero, mining engi- to be raised to $20" (UB.) on May phecy was quickly fulfilled for 32,820 long tans, é decrease of 42.5. pa expressed satisfaction on the neer, returned recently from an in-
22 according to a recent announce-
street lighting units of this type per cent under the December roads and bridges as provided in improvement in the mine and onspection trip to the Mambulac- ment, will be further advanced to have since been erected in hun- figure of 57.049 long tons, but is the Anglo-Egyptian Treaty, signed the progress of the work.
Santa Rosa Mining Company's pro- | $23 (U.B.) "on June, 23.
dreds of miles of highways, both 48 per cent over the 31,292 long in August, is estimated at £E.750,- perty in Camarines Norte. Mr. Non-contract rates are $2 (U.6.) at home and Overseas, while the tons imported in January 1936 000, according to present plans The dragline excavator and gra- Diaz, president of the company, above the contract rates.
The cost of the Kafr el Zayat type being increasingly used for This Association estimates total vel washing plant, capable of hand-stated that Mr. Montero had ad-
The rate of freight on tin from Eng approximately 100,000 yards vised extensive prospecting and ex- the Straits to the Pacific Coast of dustrial, floodlighting and other domestic stocks of crude rubber Bridge, on the Rosetta branch of on hand January 31, at 201,81s the Nile, is estimated at £220,000. purposes. per month, which were ordered by ploration. Bix veins have been the United States, now $10.50 (U.S.)
Now comes the latest develop long tons, which compares with while the Zifts Bridge, on the the Mindanao Mining Company the found, according to Mr. Montero, will be increased to $18 (U.S.) on
ment for general lighting purposes. December 31 stocks of 218844 long Damietta branch of the river, will early part of this year, are already tour in the Banta Rosa group and May 1 and to $21 (U.B.) on June 1.
In shape the new lamp is similar tons and 289,054 (revised) long involve an expenditure of "RE.180,- on the way to Manila, it was learn- two in the Santa Cruz group.
to the ordinary type of tungsten tons on hand fanuary 31, 1938,000. Benguet Consolidated ed at the annual stockholders
Crude rubber float to UA. Ports meeting.
electric lamp and is internally frosted. It has no flament and as on January 31 is estimated to Shipment of chromite from the embodies the principle of the be 65,085 long tous which com Fioraninle Mining Company in Ca familiar mercury vapour electric pare with 30.567 long tons afoat marines Sur will be continued in discharge lamps. The eticiency is on December 31 and 43.370 long May Judge Haussermann stated, a dítréinely high, the light output tons dont on January 31 a year
long tons, production 15,129 long ship having been contracted for being three times as great as that ago.
on hand January 31. purpose.
January reclaimed rubber con- ' tong, stor The export of of a tungsten lamp of equivalent
wattage.
sukiption is estimated at 13,368 31310 Tone tons,
for the Zambales ore, the Benguet head said, ja
The first shipment of chromite The following board of directora ore from the Zambales deposits of was elected at the same meeting: Consolidated Lithes will be made in Wade R. Cothran, Cleorge C. Dank-May, Judge John W. Haussermann, werth. A. F. Kelly, Ralph F. Kong, president of Benguet Consolidated, and A. Iz Velfila
told the Bulleted yesterday. Ben- Virac Exploration
guet is operating this property on P. A. Schwab, president of Viraca profit sharing basis. Shipping this Exploration, announced, this week facilities have just been arranged Florannte ore has been delayed,
9.
The Egyptian Government's rat move in connection with this sche- me has been the provision of a credit of E.100,000
し
BUYERS
Underwriters, $1.60. Providents (Old),^ $2:20. H.K. Docks, $30. Lands, $354. Electrick, $594. Entertainments, $4.59. Constructions (New), 45 ets. Binceres, $3,
United Paracales; $1.00.
SELLERS
HK. Fires, $285. Electrics, $604.
SALES Underwriters, $1:00.
SINGAPORE RAW RUBBER
B. b. JOSEPH & CO. 3
Hong Kong, April 13. Messrs HB. Joseph & Co., 78- cetved the following quotations from Singapore in Straits Currenty for Raw Rubber;
Spot
May-June
Buyers
418 Up
421 Up t
Market:-Uncertain.