DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Sharebrokers'
Association
L
E
Hallern
Salam Nominal
TUESDAY. APRIL.
Buyer
Pallere
13.
Banks
HONG KONG DAILY PRESS WEDNESDAY, APRIL 14, 1937.
H. K. STOCK EXCHANGE
AND
H. K. SHAREBROKERS' ASSOCIATION
Gold Mining
Philippine Gold
13th April, 1937
Quotations
BANKS
HONG KONG AND SHANGHAI | THE CHARTERED BANK OF INDIA
BANKING CORPORATION
Authorised Capital $50,000,000 Issued & Fully Paid-Up $90,000,000 Reserve Fundā :---
Starling
Hong Kong Currency.
Beserve
Reserve Liability of
AUSTRALIA AND CHINA · Incorporated by Royal Charter, 1834
HEAD OFFICE: LONDONU,
£8,500,000 paid-up Capital...
$10,000,000 Reserve Fund.....
Reserve" Liability, of Pro- prietors
188)
1630
32.15
Time Received
clos.
2.48 9.63 10.08 10.20 19.35 10.50 11.08 2.39 2.4 3.03 3.21 3.39
11.00
G. Miskin, Esq., .*
Hon. Mr. M. T.. Johnson,
(ULCETTÄ XUALA
Deputy Chairman. | CANTỌN
K. S. Morrison, Esq.,
CAWAPORI
CASU COLOMBO
DELEJ
HAIPHONG
MEDAN
NEW YORK
HOURABAYA TAIPING TIENTS IN
(Bhuket)
TRINGTAO
[$1 665]
2118 £15
CET
LIBE
H.K. Banks
vo. (London)
Chartered Banks
Mercantile BKK "A"
Do.
"O"
Bank of East Asia...
N. U. & S. Barks
Insuranceg
$1.60
3:ཀླི;
$390
Canton kusarançon.... | $315
Union Insurancës ...
Underwriters
$1.80
$165
H.K. Fires punkterej
$280
$41
International Assom, di
Shipplag
$35
Douglass
Steroibondemnerstan
$25
Indos (pref).
150
Do. (def.)
18
3116 $2}
1/11/10) Shelia 20
0,45 Wator hosts
Mining
$1/6 Kailans
$13,70 Bauskas
125 ct. *#39
$109
Venezuela dold Fids. Sof
Docks, Whares,
Godowns, etc.
H.K. & K., Wharves.
Do. (new)
K. & W. Docks
Shangnai Ducks" 6. New Engineering.
T⠀⠀ ⠀ ⠀⠀⠀⠀⠀⠀
31,840
2156
£18]
19th Apr.
Closing 9.48
Raton
B. 8.
$88
121
A atamoka
i..1.20
1.16
1.25
1.20
Atoka
31
31 32)
1830
Baguio Gold
29
2929
ཋ | |
Benguet Consol
... 11.75
11.50 12.00 11.76
Bepgunt Explor Big Wedge
11
ave
13
201 221
438
Cooo Grove....
67
38 57
£3.009.006 £3,000,000
23.000.000
Proprietors
.....$90,000,000
clos
Head Offles:~~HONG KONG
Agencies and Branches:-
Board of Directors.
ALOE STAR ILOILO
1208 AMRITSAR BANDIOX KABACKI
BAIQOM
BEMARANG
KEREMBAN
1
BATAVIA
Chairman.
ROMBAY
XLANG KORE
SHANGHAI"
BINGAPORN
BITIAWAN
LUMPUR
J. K. Bousfeld, Esq.,
A. H. Compton, Esq.,
S. H. Dodwell, Esq.,...
J. B. Masson, Esq;
KUCHING
HADRAS
MANILA 11 TUNGKAH
19
Consol Mines
.032
030...039
.031
$35
$50 113/0
Demonstratious
.77
78
E. Mindanao
261 28
20
901
95)
!!!
!!!
21.6
$13.60
ILL
Maabates
G. Goldfields
Itogons...
16
16 ∙184
ata
... "1.15
1.10 1.15
1.15
14
1.10
77
75 80
76
79
34
33)
34
33 33
Amog
Min. Resources
Northern Mining 08 10
28
·97 **
11.
Bangkok Ipak
07 10
08
Batavia
Johore
$110
Paracale GumaUS ... · BB
56 61
57
Bombay
Kobe
'rosidents (old 19.15
30 ata
San Mauricio
18
1.80 1.98
1.95
$304
Suyoo Consol
38
***
37 38 38 371
1.90 1.65..
37
Calcutta
1.80
Canton Chefoo
$101
United Paracales
60
65
66
68
85 64
Colombo
cisco
Lumpur Shanghai
London
13
Market Comment,
Q
Uncertain S
S S
8 Efor E E E E
E E
Lands, Hotels, and
But dings
17,05
it,K. Hotels2444 201
37.70
1361
1.K Lands...................
1307
#105
Do. 4% Debentures
#102
Shanghai Land...S.
10
Matropolitan Lands,
HE, Realties......
14
14.
China Do......8
$80
Do. Debenturess.
Humphrey. ............
$9.10
374
· Chiness," Estates................
Cotton Mili
$120
$16 $190
Do. (now S.
131
Zoong Sings.
863 $30.
544
Wing On Textilas{~.)
354
Pablis Utiliti
$14.60
$10) Ewo ...
S' Cottons{uki;5.
Tramways
Fosk frau (ald).....
..Do.
{OW...
Star Ferrien pan Yaumati Farrios....
"{DOW)...
15.40 Comenta
iii.
1170 (now)...
H. K. STOCK
EXCHANGE
www.
YESTERDAY'S
OFFICIAL
QUOTATIONS
The market was duli, and very quiet, business being on a restrict- ed scale. Trams and Electrics, 415.10 however, at $15 and $60 respective-
17, remained steady... ${
The easier trend in Manila noted yesterday, was accentuated this $25 afternoon; rates were generally lower, following on steady advices received throughout the morning. BUYERS
Bank of E. Asia, $384. Union Insurances, $830, HK Wharves, $115). Providents. (Old), $2.15. Humphreys, $9.
HK. Trains, $14.80. Peak Trams (Old), $44; Peak Trams (New); $100. H.K. Electrics, $59). Sandakan Lights, $113.; Telephones (New), $12). Cements, $15.20.
187
$16 $14,70
China Lights (old)....
$87
$14.8.
Do.
314
#691 4801
រ
H.K. Electrica *****|
459 100
$18
Macao do.
Saintakan Lights ...
130
Telophones (old),...
$301
$121.60
Úo.
101
China Buses......
27/0
Tractions
50/6
97-
Do. (pref.)......
.
Industrials
$10
Caldbock, jord.) 8.
017
Macgregor (praf.)B.
Canton Iosa....
$6.35 35.46
Ropes
315.40 75.30
Miscellaneous*
Sibt
Dairy Farmoni
$25
***
14.70 $1.80
Ch. E'tainments...... 34.56
Constructions; (old)]
Do.
[HOW)
Lane Crawfords....
19
4.
Star Ferries, $87.
13.10
13
$5,80
Watsons
36
China Lights (Old), $14.70.
8. C. Enterprisen
H.K. Electrics, $60).
98%,
CL.G. 5210254.9Bdk
96%
Cements, $15.40.
prec. 82
HB. Gori. 4% Loans
$108
H.K. Ropes, $5.45.
prem. 111
Do 31%
SALES
24
Wallace Harper.....
$50
H.K Wing On
S'hai
372
Vibro Piling...
$61
28/
Maremans Inv. (Lon.)
7/6
40 ota, Wm. Powells
(H.K.)
Nanyang Tobacco..
Sincere
*Bales to Shangbai
PHILIPPINE MINING
NEWS
Development work carried out by the Universal Exploration, and Mining Company on its property in Maliit, Camarines Norte, during 1936 met with encouraging results. the annual report of the company states. Folke H. Kihlstedt, super- vising engineer, states that the possibilities of developing. favourable mine are very favour- able.
The year's work, in brief, con- sisted of, the following:
The Main shaft, together with work closer to the surface in that part of the claims, was closed down and temporarily abandoned about November 1, when conclu- sive results were considered to have been reached.
The Moisson winze was also temporarily abandoned at the same time, due to excessive water How..
Universal increased 103 au- thorized capital during the year from P400,000 to P600,000. The balance sheet as of December 31, 1936 shows that the company has P107.726.33 in cash. Its current abilities on that date were PT,- 505.84.
The directors of the company are John Gordon, president; A. G. Bellis, vice-president, C. M. Cotter- man, H. J. Belden, and John D. McCord.
BUFFER POOL PROPOSED
The re-establishment of a' but- fer pool for tin is suggested by the Telegraaf." Such a pool, which which should be a big, one, would have a preventative and a repressive influence on speculation, though its dangers should also not be underestimated.
Prospecting and geologic map ping revealed better possibilities in the line of claims from Pefia to Veda and after preliminary min-be considered as a reasonable stock
unanimity There should be among producers as to what is to
FX. Ropes, $5.40.
S'hai Cottons (Old), Sh.$120. S'hai Cottons (New); Sh.$93.
SELLERS
H.K. Lands, $38.
H.K. Banks, $1,883, Underwriters, $1.60. .H.K. Trams, $15.
HK. Electrics. $80.
Dairy Farms, $251, Antamoks, $1.98.
Benguet Consol, $19.40. Demonstrations, $1.241/-4. Itogons, $1,90.
San Mauricio, $3,21:
United. Paracales, $1.10.
LONDON EXCHANGE RATES
(British Wirelsen Service)
140-7/18
April 8.
April 10
107 25/64
109-5/16
Paria
21.524
31.54)
Geneva
12.17
12.194
Berlin
Athens
93 1/16
931
Milan
Copenhagen
Stockholm
Shanghai
New York
480 5/18 8.914
4.90 8.95
Amsterdam
Vienna
140 7/16
Prague
Madrid
Lisbon
“Hong Kong
Bombay
Montreal
29.081
4.887
29.09 4.89)
Brussels
..Yokohama
214.
Bégrade ....
Monte:Video
Rio .....
Silver (Forward).
Bucharest
Silver (Spot) War Loan
On Lornow:-
670
21
21 1/18
34% 103-1/16
Closing Quotations
April 13, 1837.
Telegraphic Transfer... 11/9 Bank Bills, on demand/27/39 Oredita, four months'
right
ON SHANGHAI:---
On demand
On JAPAN:-
ON NEW Your {—
670 20-15/18 31
Bank Billa, on demand 301 Credits, 80 days' sight, 30
On Batavia :---
. On demandi
On Panti
Bank Bills, on demand 677 Credits, 4 month's sight 704
On Batcom -
Hon. M. J. J. Paterson,
T. E. Pearce, Esq.,
A. L. Shields, Esq.,
V. M. Grayburn, Esq
Chief Manager.
Branches: Iloilo Peiping Penang Rangoon Saigon
Kowloon San Fran- Kunts
Singapore
Dairen Lyona Sourabaya Foochow Haiphong Manila Patani Hamburg Muar Tientsin Hantow
Maison Sungei
Harbin
(Johore) Tokyo Mukden Tsingta Hongkow New York Yokohama
HAMBURG PRIPING
KAHEDW
HARBIN
TOXGHAMA
(Paking) KamBOASJA
HONG KONG BÀN GOON
FOREIGN Exchange and General Banking Business transacted.
CURLINT ACCounts opened and FIXED DEPOArrs received for One Year of shorter periods at rater which will be quoted on applica tion.
..
The Bank's Head Office in Lon- don undertakes Exécutor & Trustee business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.
A. BREARLEY,
Manager.
Current Accounts opened in Local Currency and Fixed Deposits received for one year or shorter 1 periods in Local Currency and Sterilor on terms which will be quoted on application.
Also up to date Safe Deposit Boxes in various sizes To Let.
Hong Kong. 12th April, 1937.
HONG KONG SAVINGS BANK
TH
HE Business of the above Bank is conducted by the HONG KONG & SHANGHAI BANKING CORPORATION. Rules may be obtained on application,
For the HoxG KONG & SHANGHAI
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
Razorte and Undivided
.. Profits GEDALIZUOTA
6,596,400,00
2,776,796.78
HEAD OFFICE-Bosö Kozo No. 10, Des Voeux Boad, Central.
Board of Directors :—
Sir Shouson, Chow, Chairman Li Koon Chun, Esq. Li Lan Sang, Esq. P. K.Kwok, kaq. WongChuSon, Faq Wong Yna Tong, Esq. Kam Ying Fo, Esq. Chan Ching Shek. Esq. -
Kan Tong Po, sq., Chief Managari
1/3 1/32
On Demand
1013
ON SINGAPORE:---
On demand
87
531
ON MANILA-
On demand
601
106
ON BANGKOK-
Li Tse Fong, Esq., Manager.
On demand
140k
BOTEZIONE Biak Buying
Rate
4/231/38 21 1/36
Amoy
Batavia
London
Boobay
Manila Salgun
Bydney
Ologia
Saiphong Bachow
Melbouras Ban Fran Magndak!" New York BRACE
Tidboka
On demand
On India :---
Talegraphic Transfer Bank, on demand.......
STRAITS OUSTS
CEYLON COPRA
H. K. SHAREBROKERS' Consumers Prefer
ASSOCIATION
BUYERS
Canton Ina., $315. Providents (Old), $2.10. HK, Docks, $294. Lands, $35). Humphreys, $9.20. Trams, $1170. Ropes, $5.35.
Entertainments, $4.50. Constructions (New), 45 cts. Nanyang Tobaccos, $84:
SELLERS Underwriters, $1.50. Providents (Old), $2,20. Hotels, $7.7O. Trams, $14.90, Telephones (Old), $30.
HALES Providents (Old);` $2.26. Electrics. $60.
SINGAPORE RAW RUBBER
Cheaper Qualities
BAR BILTER, per ca
INACTIVE GOLD FUND
Honolula Kabe
Branches and Agencies :--
Kowloon Pang Boumbaye
Banyoon
Plantaa
Tolye
Beg Vancouver Shanghai Tokahsas Priping Singapore
Pari
Every description of Banking" and Exchange business transacted. Loans granted. on approved
Intention To Abolish securities
Denied
Copra prices have steadied and
New York, April 13. the large consumers have again Early action to abolish the in- appeared in the market, writes a
active gold fund is expected in Home correspondent. Business a well-informed quarters in Wash- been done in Straits 1.m.a. to the Continent at £21 5a. per ton, and ington, says the "Journal of Com- consumers in other, countries have merce" while other arrangements purchased D.EI. fms. copra from would prevent the renewed expan- 220 15s, down to £20 58. per ton.sion excess reserves.
A moderate trade, has also been The re-establishment of the open done with Marsellies.
Current Accounta opened in Local Currency and Fixed De- posits received for one year or shorter periods in Local and Foreign Currencies on terms which
Safe Deposit Boxes To Let.
KAN TONG PO,
Chief Manager.
EXTRA MANILA CLOSING QUOTATIONS
THE CHASE BANK ·
QUEEN'S "ROAD CENTRAL HEAD OFFICE: -
18, PINK STREET,
NEW YORK.
An American Bank offering com
plate Foreign Banking Barvice, in the principal Markets of the world.
interest Bates on Application.
SAFE DEPOSIT BOXES
This Bank, is entirely owned by
THE CHASE NATIONAL BANK, Naw YORK, with Resources over U.S. $8,087,000,000,00
D. M. BIGGAB,
Manager.
THE YOKOHAMA SPECIE BANK
JAMITED
Capital (fully paid up)
Reserve Fund
Yen 100,000,000 00 Yen 132,650,000.00
HEAD OFFICE-YOKOHAMA
BRANCHES AND. ÁGKHOLES *t:' Alexandria Honolulu
Bangkok Heinking
Karachi
Batavia Borlin
Kobe
London
Rangoon
Rio do Ce Janeiro
*San
Francisco
Semarang
Bombay Calcutta Canton Deiren Moji Shanghai
(Dalpy) Nagasaki Singapore Pangtien Nagoya "Soerabaya
(Milzan) New York Sydney Hamburg Osaka
Los AngelesSeattle Manila
Tientsin
Haskow Otard Tokyo
Paris
Harbin
Tsingtao
Tinkow
Hong KongPeiping
Interest allowed on Current Ac counts.
Deposite received for Fized Periode at rates to be obtained on application,
Y. KANO
Manager..
Hong Kong, 10th March, 1837.
A CORRECTION
Dear Bir-With reference to the Annual Meeting of Shareholders held at the Company's office yes- terday. I notice in your newspaper this morning that, in reporting the Chairman's reply to Mr. W. E Kirby regarding the sale of the ́a.s." "Lungshan" and Bul An,” you quot¬ ed him as having said that the purchase price was $225,000.00,
I shall be obliged if you will 'cor-") rect this statement in your next la- sue. What the Chairman actually stated was that, included under heading "Sundry Debtors," there was an instalment of $225,000.00 which, was due in respect of the 000 sale of the "Lungshan" and "Sul .10
Atu"
Yours faithfully,
Dm.
Hong Kong, April 13. sold market, adds the Journal, is
Extra Manila closing quotations Btraits. f.m.s. copra still stands understood to be receiving wi
ngures kindly, supplied by Messrs, at a fair premium above DEI creasingly favourable attention. Ellis and Edgar. Ima copra, in consequence of the A later message states that a slightly oversold position of Straits Treasury officials daily denied Associated Mines copra. D.EL shippers have been the reported Intention, to abolish Acoje Mining selling regularly and dealings are the inactive gold fund or to re-l'Angelo. now proceeding on a more steady establish the open gold market Dulong bask that has been the case in Reuter. the last two months.
Messra. Frank Jehr and Co. state, in their report dated March 15, that an interesting feature recent A. B. JOSEPH & CO. ly bas been that offers from Cey
Hong Kong, April 13, lon have again been made at Mesars H. B. Joseph & Co., remarketable prices
This is the first time for eighteen ing work proved this possiblilty a and price level. At present this cetved the following quotations three-compartmentshaft was problem can be more asily solved from Singapote in Straits Currency months that business in this grade sunk on the Vienna traction.
than a few years ago, when the for Raw Rubber: Prepminary exploration work in price was not remunerative, to was started on the Teddy Nhe Netherlands Indian tim pro-
3 all producers veln system; which includes the Veda fraction: In-addition to the ducers have always bean and still above work, outalde prospecting seem to be advocates of such a was carried out, on various claims. pool
Spot
May/June July/Sept. Oct./Dec.
Market:
Buyers
351 Down 21 391 Down 21 401 Down 21. 401 Down 21
.00*
.00€
.15
.13.
125
115
.135
Gold Creek' Ipo Gold
Gold River Mother Lode
175
175
22
.00%
Ung.
2045
046
14
.013 .012
23
215
10
18
Ung.
Universal Expl.
and DEL Ama sopra, so that the galacot majority are not keen on paying Paracale Gold a higher price for the better qua-Batong Buhay
The outlook of the market in Bued decidedly healthy, since the quan Dayaka of the produce has again been uty of unsold cours for near ship Crown Mines
the Mambulso practicable, but it is peculiar inent is very limited feature that Ceylon shippers are good progress made by the French Syndicate Invest.
exchange Tinagao int meeting with poor demand, 34.con- Treasury 10 pyezcoming
facilitate Banta Rosa sumers who used to depend on the dimculties, la bound to
ment of regular Mine Operations Ceylon commodity have since. ba the come accustomed to using Straika trade with Mar
HL DA LUZ, Secretary.
Hong Kong, Apt 13, 1937.
CHINESE INTEREST
Montreux, April 12.
Chinese interest in the abolition
of the capitulations accounts and Its parallel with extrality is shown by the presence of Mr. Quang, first
secretary of the Chinese Legation 09 in Berne who did not ask for Unq zoficial recógnition but following [0475 4075 the proceedings did so in s personal
capacity Quiet stendy. Essy. „Reuter