12
DAILY SHARE QUOTATIONS
Hong Kong Stock Exchange
Sharebrokers'
Association
MONDAY,
Buyers
| Naamini
Ballers
JULY 12.
Nomina
HONG KONG DAILY PRESS, TUESDAY, JULY 13, 1937.
H. K. STOCK EXCHANGE
AND
H. K. SHAREBROKERS' ASSOCIATION
Philippine Gold Mining Quotations
Baguio Gold
Rate
19th July, 1937
cloa.
Time Received
alon.
9.84 10.23 1.13 2.40 306 3.12
8།| ། } ༄3p།99།ཁྱུ༑
1
BANKS
AUSTRALIA'AND CHINA Incorporated by Boyal Charter 1843
HONG KONG AND SHANGHAI | THE CHARTERED BANK OF INDIA
BANKING CORPORATION
Authorised Capital ... $50,000,000 Issued & Fully” Paid-Up #90,000,000 Reserve Funds:---
£6,500,000
$10,000,000 | Pald-up Capital..
Reserve Fund .$90,000,000 | Reserve Lability" of Pro-
Sterling
Hong Long Currency.
Reserve
Reserva Liability of
Proprietors
Head Office:-HONG KONG
Board of Directors, G.. Miskin, Esq.,
Chairman.
- HEAD OFFICE: LONDON:
38, Bishopsgate EC.2
prietors
£3.000.00
• £3.000.000
83.000.000
MANCHESTER BRANCH: 71, Mosley Street, Manchester,
AGENCIES AND BRANCHES: ALOR STAR ILOILO
ZPOR
Deputy Chairman, AMRITSAR
Hon. Mr. M. T. Johnson,
J. E. Bousfield," Esq.,
A. H. Compton, Esq.,
S. H. Dodwell, Esq.,
J. R. Masson, Esq;
E. Morrison, Esq..
Hon. Mr. J. J. Paterson,
T. E... Pearce, Esqua
A. L. Shields, Esq.,
Sir Vandeleur M. Grayburn,
Chief Manager.
BANGIÐI
· KARACHI
BATAVIA
KLAHO
BOMBAY KORK
CALCUTTA KUALA
LUMPUR
CANTON CAWNPORE. KUCHING CEBUANO MADRAS DOLOMIO DA MANILA
SAIGON SEMABANG
BENEBAK SHANGHAI
· SINGAPORE.
SITIAWAN
BOUZABATA
TAIPING"
TONGHAR
DEKİ 3 MEDAN
(Bhuket)
NEW YORK
TRINOTÃO
PLIPIKO
TOKOMAMA
HAIPHONG
HAMBURO
HANKOW
HARBIN
$1,000
#
£33
EID
$100
Banka
1.K. Banks
Bo. (London)
21st Chartered Banks
Mercantile Bts. "A
Do
น
Bank of East Åsts...
...
$1,890
£151
£33)
10th July
B.
2101
| Closing
199
9.54
N. Q. & S. Backe ........
insurances.
381
$620
****
3306 Cauton kosztances,
Valon Lexus LCN.
$300
A atamoks
... 93 85
1895
13
Underwriter
Atoks
27 bid
034
28
91
"97
****
19
180
K Fires
$980
21 22 21
99
201
$3
International Asutó, 3.
Benguet Consol
10.00 10.85 10.00 10.25
Shipping
.$81
***
301
442
$0.30
Waterbomba
8474 | Donglaso′′ –Lammasri
berman
Indo-Uhinas (prof.)
Do. (def.)
108/9) Shella, ......CTION
Mining
"Benguet Explor
10
7 11
!!!!!
$07
184
Big Wedge"
19
19
131
Coco Grove...
64 65
B0...
34
Consol Mines
.02$.023 .02%
.023
031
108/9
$gz
Demonstrations
58
56
58. 67
38
E. Mindanao
... 21 92 AL
25/3
Ratluna-saཅར�་ང་ཥཿ
25/3
G. Goldfields
17 18 16
17
17
SIL
Unaba ...........sadzan zen Venezuela Gold Fld
J:1.40
Itogons
77
(eu că.
#32?
$168
#31
Docks, "Wharves, Godowns, etc.
$117 HK, AK, Wharreu.
Providents (old) ... $2.25 Do. (new) H.K. & W. Docks. Shangaal Docks S. New Engineerings S. Lands, Hotels, and
I. X. L.
... 30 79 80
72
70
Masbatea
*#231 241 231
24
23
Min. Resources
26 .29 24
$118
$2.20
(60 0's.
Northern Mining ...78
Paracale Gumaus
1321
$106
San Mauricio
+
Suyoo Consol
United Paracales
71
40 41 39 40 1.85 1.80 1.50 35 341351 24.
73 13
1.55
33
74 73. 12
#1
70
Bu dings"
37:10
H.K, totals
*******$7.10
Market Comment,
E
E
*#381
·H.K Lands.............3| 125)
まとりろ
Du. 4% Debentures
$103)
4111 | Shanghai Lands.....b.
$7
Metropolitan Lands..
16.30
H.K. Realties.........
$8.36
11
160
$90
$16.80
$120
134
481
China Do .......8. Do. Debenturea. Humphreys ..................... Uhinco Estates......
Cotton Mill
S'hai Cottona(old)S
Do. (DOW
Zoong Sings
Wing On Textila(8.)]
Ewo Cotton Bt. S.
Pabile Utilities
314.90 Tramways ...........................**
Poak Tram (old)..... 18.10
(MDW)... 284
Star Ferre
Younisti Ferries
China Lighte (old)....$14
Do. (now)... $18.70
19
CONTROL OF CURRENCY
!!
134
"$81
$3,70
'87"
1871
123
1281
$14.30
113.80
HK. Electrica
$601
$18
Macao do.·*******
000.
$14
Sandakan Lights ........
1991
Talophones (old) .....!
c d
$11.70
45 ch
:ན
1
Da
Da (new)
$12 China Buses...8.. 24/ ·Tractíveis - neodhare].
23/ Do (pref.)
$16
Industrial
Caldbeck, Ford,) B. 817 Maogrogora f(prof.S.
$1
Canton loos
Dement
$0.05 Ropes
Miscellaneous
Dairy Farms..........
Ch. K'tainment... $5.10
Constructions, (old)]
Watsona
$16,801
Eier Uncertain S'dier S.E Eier
£200,000,000 FOR
$120 EXCHANGE FUND UP
TO £550,000,000 μ?
H. K. STOCK
EXCHANGE
YESTERDAY'S OFFICIAL QUOTATIONS
The market continues dull and Following an earlier announce-
very narrow. Hotels were traded 16.10ment by Sir John Biman (Chan-
at $6.90 with further buyers at cellor of the Exchequer)," in the that price. Lights (Old) sold at House of Commons, a financial re514.10 and Cements at $15,40. solution was issued giving au-Turnover appears to be negligible. thority for the Introduction of a Buyers of Unlan advanced their bul to increase the Exchange price to $620.06. Equalisation Account by £200,000,-
329.80 $11.65
W
$15
16.20
The proposed resolution read:
"That it is expedient to in- crease from three hundred and Afty million pounds to five hun- ared and fifty million pounds the aggregate amount which may be issued to the Exchange Equalisa-.. tion Account out of the Con- solidated Fund.”
A memorandum attached to the resolution explains that the amount of the account, originally $28.00 150.000.000, was increased in 1933
to £350,000,000,"・・
Bij
38,60
"No change." It is added, "pro- posed in the statutory conditions $6.80 of the Account, which will continue $3.50 'to be invested under the control $5,80
of the Treasury in securities-in- cluding foreign exchange or in the purchase of gold in such man- ner as they think best adapted for checking undue Anctuations in the exchange value of sterling."
120.30 $203
'0.10
$1.60
De.
18.65
Lane Crawford......
Nanyang Tobacco..
$2.80
Sincere.........
8. O. Enterprises
$1
971,
JCL.G.
20.5.2.19250.9Bd
prez. 2 prem. 92
FLE. Gova 4% Lou
***
Wallace Harper
$60
105 3100 $1.00
28/8
Maramana Inv.(Lon)
7/0
40 cta.
Wm. Powells
(FK)
40.ots.
S'hai" Do
A.K Wing Ou
Vibro Piling
* Sales to Shanghai
LONDON EXCHANGE RATES
Paris
Genova
Berlin
Athens
Milan
Copenhagen
Stockholm
(British Wireless Bervice)
July 8
128-15/64
21.85$
12.331
94-3/16
July 10 128-3/64 21,651 12.34
94-3/16
Shanghai
1/2 1.
New York
4.951
Amsterdam
9.00$
4.951 9.012
Vienna'
Prague
1421
Madrid
Lisban
Hong Kong
Bombay join
1/2-11/18
Montreal
4.981
Brussels..
29.42
4.907 29.451
Yokohama
Belgrade
Monte Video
His
Bucharest
Silver (Forward)
Silver (Spot) War Loan
LONDON
23
20-1/16:
31% 1001/
Closing Quotations
July 19, 1937.
Telegraphic Transfer... Bank Bills, on demand 1/2 Oredits, four months
right *****
ON SHANGHAI
On Demand
SINGAPORE
On demand
On demand.
Telegraphie Tra
Beak on
Or New Yor
20-3/16 201
stop. $162
Bank Billa, on demand 30 5.18 Gredite, 60 days sight. 309,10 On Batavia:—
On demand
·04% ON PARIS
Bank Bills, on" deniand. 779 Credits, 4 month's right, 830.
1/2 13/10
101
ON SALOO
On demand
ON MANILA S
∙1048
De Un dessad
ON BANAZOZ S
Onddémisud
202/16
PROVISION FOR FUTURE Sir John Simon made his an nouncernent in reply to Mr. Atties, Leader of the Bocialist Opposition." He said that he had come to the conclusion that it would be neces- sary to ask for power to make an addition to the resources of the Exchange Equalization Account. The necessary resolution for a Bill was being prepared. p
"In addition to the recent dis- hoarding of gold," he added; "there
The Manila market was percep- tibly easier.
BUYERS HK. Back, $1900. Union Ins., $320, HK Steambasta $53. Union Waterboats, $9.30. Providenta (Old), $24. 1" H.. & S. Hotels, $6.90. HK. Realties, $6.30. Chinese Estates, 190. Peak Trams (Old); $s. Peak Trams (New), $21. Star Ferries, 486. Y. Ferries, $26. H.K. Electrics, $80. Telephones (Qld), $294. Cements, $151. Dairy Farm, $26.34. Watsons, $5.
Wm. Powell, 40 cts. Ewo Cottons, $16.80.
Wing On Textiles, $81.
. Constructions (New), 48 cta.
Vibro Piling..$43.
SELLERS
China Lights (Old). $14.35. Cements, $15.80. Dairy Farm, $264- Raubs, $11.40.
SWALES.
H & B. Hotels, $6.90
China Lights (Old), $14.10. China Lights (New), $13.80. Cements, $15.40. Constructions (Old), $1.80.
ASSOCIATION
BUYERS
has been much financial distur. K. SHAREBROKERS' bance abroad and a general ten- dency for capital funds to move to London While I consider that there is no reason why the present. conditions of unsettlement in the international movement of capital should be permanent, the situation compels us to make further pro- vision as an insurance against ad- ditional movements into sterling.
"This is essential for the pur pose of maintaining our general Anancial policy and in support of our undertakings and objec tives under the tripartite Mone- tary Agreement between British France and America which have been so widely approved."
“CIRCUMSTANCES MAY
- DEVELOP"
Mr. Thorne (Boc., Plaistow)-ask- ed whether France and America were following in our footsteps.
Sir John Simon replied that he would deal with, that matter when the House discussed the monetary resolution.
Lands, $35. Land Debentures, $102. Humphreys, $9.
Peak Trams (Old), 35 Peak Trams (New), $21. Powells, 40 cta.“ Cements, $15.35.
SELLERS
Wharven, $118.
SALES Providents (Old), $22. Hotels, $7.10. ·" ¿Trams, $14.90.4 Electrics, $80§.. Telephones (Old) XD., $2935.
CROWN LAND SALE
Inland Lot No. 4993, situate in Blue Rool Road, near Inland Lot No. 3685, Wong. Nel Chung,
THE EXCHANGE MARKET
MĘSŚRS. ROZA BROS.
Silver prices were unchanged. over the week-end, the quotations remaining at 20 3/16 for Ready and 30 1/4, for Forward. Silver advices reported India as having bought. The market was quiet.
The London-New York cross- rate was quoted at 495.85. New York-London was higher at 498.- 1/18.
MARKET
Erratic at the opening and m- clined to easiness following Shanghai. Subsequently the mar- ket reacted closing at I`p.m. rather on the steady" side. “
STERLING
**Opened with sellers at 1/2 21/32... buyers bidding · 1/2-11/16 for any delivery, Subsequently offers at 1/2 21/32 were accepted for near and forward. The buying rate then remained for some time
Saigon
Amoy
Branches:- Iloilo
Poiping
Bangkok"Lpah
Penang
Batavis Johore
Rangoon
Bombay
Kobe
Calcutta
Kowloon
Canton
Chatoo
Colombo
Londod
Lyons
Dairen
Foochow
Kuala
San Fran.
cisco Lumpar Shangbai
Singapore Sourabaya.
Malacos Sungei
Patani Tientsia
Haiphong Manila- Hamburg Muar
Hankow (Johore) Tokyo Harbin Mukden Tsingtas Hongkow New York Yokohama
Current Accounts opened in Local Currency and Fixed Deposits received for one year or shorter 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 Lot. "Hong Kong, 19th May, 1937.
BONG KONG SAVINGS BANK
HE-Business of the above
T. Banks conducted by the
BONG" KONG & SHANGHAI BANKING CORPORATION, Rules may be obtained on application,
For the Hora Kono & BHANGHAI
BAXXING CORPORATION.
T. M. GRAYBURN,
Chief Manager. Hong Kong, 1st March, 1937. ·
BANK OF EAST ASIA, LIMITED.
Authorised Capital ..$10,000,000.00 5,596,600.00 Paid-up Capital........ Reserve and Undivided
Profita *******
2,776,796.76
HEAD OFFICE:-Hosa Koso
at 1/2 21/32 but later 1/2 23/32 was again available and business was transacted for forward and near. The market closed at 1 pm. with sellers at 1/2 21/32 for near and forward, burers at 1/2 11/18 No. 10, Des Voeux Road, Central. for any delivery.
U.S. DOLLARS
Opened with sellers at 30 1/4 July-September but business was soon arranged at 30:1/4 for Au- gust and July and 30'3/16 October. The market closed at 1 pm with sellers at 30 1/4 July-August, and 30 3/16 September-October, buyers _at_30_5/16. July-August and 30 1/4
September-October.
"Board of Directors:
Sir Shouson Chow, Chairman
(Peking) LAMBCIAN GJA PENAYO
HONG KONG RANGOUN
FOREIGN EXCHANGs and General Banking Business transacted,
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or shorter periods at Takas which will be quoted on: applica tion.
The Bank's Head Office in Lào- don undertakes Executor & Trustss business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained, at any of the Agencion and Branches
E. W. ROBERTS,
it
Manager.
THE CHASE BANK
15. QUEEN'S ROAD CENTRAL
HEAD OFFICE:
18, P STEET,
NEW YORK:
An American Bank afering com
plate Foreign Banking Service in the principal Markets of the world.
Interest Rates ou Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by
THE CHASE NATional Bank, New YOBE with Resources over Us $2,500,000,000.
D. M. BIGGAB,
Manager,
THE YOKOHAMA · SPECIE HANI LIMITED
Capital (fully paid up).
Yen 100,000,000 ĐẠI Beserve Fund - Yen 132,860,000,00
HEAD OFFICE:-Yozonama
BRANCHS AND AGENCIES AT Bangkok Elinking Rio do
Li Koon Chan, Esq. si Lan sang, Esq. | Alexandria Honolulu Kängoon P. K. Kwok, ruq. Wong Chuson, La Wong Inn Tongsq. Kao Ying ro. 4. Batavia Chau Ching Shok.rungPing Wahj Esq.
Karachi
· Esq.
Berlin Bombay
Kobe
BAZ
London
Calcutta
Los Angeles Seattle
Canton
Manila Semarang
Dairen
Moji
Shanghai
Scersbaya
Kan Tong Po, wag, Chief Manager. Li Tse Fong, Esq., Mazagar.
Branches and Agencias ******
Kowiden - Prsang Bourabaya London Batton
@watow Bydney bourse dan F722- Taara
Biter's
BombeY
2. Magssal)..
mr
"SHANGHAI DOLLARS Business was done during the course of the morning at 102 3/16 and 102 1/4 for Spot. There were Henta sellers" at 102 1/8, buyers at 102 1/4 for Spot.
New York, Seattle
Q Tokyo M
Semarang! VaLOODVET
Park
Shinghs. Tokekama
Kəb
Palping Kingspor
Every description.
|* (Dalny) Nagasaki – Singapore-
Fengtien Nagoya
|(Mukden) New York Bydggy
Hamburg, Osaks ⠀ Tientain
Hankos Otaru
Harbin Paris
Tokyo
Tsingtao
Hong KongPeping Xinkey
Interest allowed on Current A counte BankingDeposits received for Fixed and Exchange business transacted. Perioda at rates to be obtained on Loans granted
approved
application,
KANO.
Manager:
SHANGHAI MARKET Sterling the opening rates were securities, mo given as sellers at 1/2 11/93, buy-1. Current Accounts opened in ers at 1/2 23/04 but the market Local Currency and Fixed De Hong Kong, 10th March, 1997 Immediately weakened and busi posita received for one year or and ness was reported at 1/2 5/18 for shorter periods in Local Spot. Later the market reacted Foreign Currencies on terms which
Bafe Deposit Boxes To Let closing at noon with sellers at 1/2.
KAN TONO PO 5/18, buyers probably at 1/2 21/64
Chief, Manager. for Spot. US Dollars, opened with sellers at 29 21/32, buyers at 29 11/16. The market, then eased off to buyers at 29 13/32 bút later reacted and sellers were quoted at 29 19/32, buyers at 29 21/32 for 8pot, Steady.
IN AFTERNOON
JAPAN TO CONTROL IMPORTS
PRIVATE U.S.
WHEAT CROP,
ESTIMATES LOWER
Five private firms in a composite estimate of the United States win-
ter wheat drop, recently placed the Field at 842,000,000 bushels, a de-
The market was quiet. In the Absolute state control over im-cline of *000,000 from the estimate
afternoon.
IN STERLING
No business was reported, Anish ing with sellers at 1/2 21/32 July December, buyers at 1/2 11/18 for any delivery.
Mr. Bellenger (Boc, Bassetlaw) an area of 40,700 square feet, was asked what was the reason for this auctioned at the Offices of the at 30
Public
Wor
ent yester sudden change in Government
Don. Han Bailey:
Haiwanho WAS
Sir John. There is no sudden 19, Shing chan but circumstances may the succ develop We had better deal with
$748
these matters when we discusaithe | was $20,350, resolutiori
tipset prics rental
“Augu Octobe
1.8. DOLLARN
closed with sellers and 30 3/16 August- Vers: at 30 /18 Cafe and- 30. 174 Beptember-
SHANGHAI DOLLAES-
ports was ensured, with the decl- of June : 1 Damage from black sion of the Foreign Exchange rust was believed to account for Committee to lower the upper limit the major position of the decline. of uncontrolled exchange transace tion from .30,000 to 1.000 month.
The present exchange control ordinance, issued by the Finance
The same sources estimated the spring wheat crop at 229,000,000 bushels, unchanged from June 1 prediction.
At the same time,
| Ministry in March and expiring at of Agriculture, Mr. Henry
the end of this month, will be re lace, warned that
Tised and retal
Formal decision? on: will be reached with MP Okinori K
102Mer
etary
danger of a surplus of whe measure, year, enough to dep
of lowing his