DAILLE QUOTATIONS

Hong Kong

Exchange

Sharebrokers'

Association

Bain

THURSDAY. JULY 22.

Seliara

BUY STO

SALO

$1,890) J

$1.670

xd

£1101

E14

£33

£10

$101

$300

Canton isvaraucos..

1635

12

$260..

H.K. Fires...

|8473

181

Sboamb

531

108/9

39.30

1

20/6

Kailan

$2.06

#3}}

B14

܊ ܐ ܊ ܃ ܃

Paris

L!!!

!!! *

!!!!

mran, AL aion

!!!!!!!

⠀⠀⠀⠀⠀ TH

$169

931

$106

Bank

1.K Banks

do. (London) ....

Chartered Banks

lercantile Bks. "A"

DJ.

Bank of East Asia..

N, O. & S. Barke...

Insurances

Union Icsurances

Underweiter

International dssca, d.

Shipping

Douglases ...............isiem

Indo-Chinas (pref)

Do.

(def.)

sheilsettem

Waterboats

Mining

Venezuela Gold Fide. Docks. Wharves,

Godowns, etc.

.K. & K. Whtarver. Providents (ok) ... $9.00

Да (De) 60 o R.K. & W. Deka 330 Shangunt Dock, S. New Eagiscerings d. Lands, Hotels, and

Bui.dings

H.K. Hotels

H.K Lands..........

****

21/-

1.45

HONG KONG DAILY PRESS, FRIDAY, JULY 23

H. K. STOCK EXCHANGE

AND

1937

H. K. SHAREBROKERS' ASSOCIATION

Philippine Gold Mining Quotations

23

2nd July, 1937

21U9 16 18 19 2

78 80

188

• d

$1,900

I d

eipt

£142

215

199

1st July Closing Rates

B

Time Received $

clos 10.04 10.04 10.84, 11.13

clos

3.10 2.14 3/44

324

$300

Antamoks

92

81

82

$893

19

Atoka

.93

$280

Raguio Gold

104

10 20

Benguet Consol

9.75

078 10,00

Benguet Explor

8 10

Di

347

$81

Big Wexiga

13

15 17

$51

Coco Grove

54,

43

55

$41

Consol Mines

.03 019

.02

108/9

392

Demonstrations

51

40

52

50

18

E. Mindanao.

1717

18

171

G. Goldfields

191

13

13

65

85

89

#P

65.

£3

66

€4

Masbates

18 18

10

3117

Min. Resources

10

12

$2.05.

6

Paracale Gamaus ...

29

29

30

971

$106

San Mauricio

1.35

1.35 1.40

1..30 1.25

1.30

13

Sayoo Consol

27

27

281

27 94 27

United: Paracalca .....

€5

65

86

84

63

62

04

181

Market Cominent.

E E S

S

135

Do. 4% Dobentures.

$103

11

Shanghai Lands.....

Metropolitan Lande...

·36

H.K. Realties ........................

$5.00

$1

+4

$6011 Do. Debenturess.

Humphreys

30

1117

SD Da

26.40

3331

Chinese Batate...

#ii

Colton Mil

116

$190

Bhai Cottons(uid 9.

$15.45 $190

ew.

if

334

Zoong Sings

134

480

Wing On Textiles()

479

53

***

Ewo Cotton Rts. S.

Pubila Utilities

Poak Trams (old)... 15

new 12

Itogons

IL·L

Northern Mining ... 6 asked

V.F. Uncertain Eier

171

PHILIPPINE MINING

NEWS

of

1:

1. I

THE EXCHANGE MARKET

MESSES. ROZA BROS.

BANKS

HONG KONG AND SHANGHAI | THE CHARTERED BANK OF INDIA

BANKING CORPORATION M

Authorised Capital... $50,000,000 Issued & Fully Paid-Up 820,000,000 Reserve Funds:

Sterling

Hong Kong Currency

£ 6,500,000

"AUSTRALIA AND CHINA Incorporatul by Royal Charter 1953

HEAD OFFICE; LONDON:

38, Bishopsgate E.C.2

. էի

Reserve......$10,000,000 Pald-up Capital. Reserve Liability of (

Reserva Fund Proprietors

---€3.000.000

£3.600.000

"£3.000.000

$20,000,000 | Reserve Liability of Pro-

prietors

MANCHESTER, BRANCH: 71, Mosley Street, Manchester.

Head Ofee:—HONG KONG

Board of Directors,

G. Miskin, Esq..

Chairman.

Hon. Mr. M. T. Johnson,

Deputy Chairman,

J. K. Bousfield, Esq., A. H. Compton, Esq., B. H. Dodwell, Esq.,

JR. Mason, Esq.

AGENCIES AND BRANCHES:

ALOE STAR ILOILO

IPOR AMRITSAR

BANGKOK KARACHI

BATAVIA FLANG

BAIGON SEMARANG

SKREMBAN

SHANGHAI

BOMBAY

OALEUTTA: CANTON

FORK KUALA

LUMPUR

SINGAPORE

SITIAWAN

SOURABAYA

Hon. Mr. J. J. Paterson,

CAWAPORE СЕВС

KUCHING

-TALPING

MADRAS

TONGKAR

.. (Bhuket)

TRINGTAO

5. S. Morrison, Esq.,

T. E. Pearce, Esq.,

A L Shields, Esq..

Sir Vandeleur M. Grayburn,

مادوات

Chief Manager.

Braneber:-

Amoy

Peiping

Bangkok

Ipoh

Penang

Batavia

Johore.

Bombay

Kobe

Rangoon Saigon

Calcutta

Canton

Chefoo

Colt.mbo

Kowloon San Fran- Kuala

disco

Lumpar Shanghai London. Singapore Dairen Lyons Sourabaya

Foochow

Haiphong Manils

Malacoa Sungel

Patani Tientsin

Hamburg Muar Hankow (Jobora) Tokyo

-Mukden. Tsingtao Hårbin

Hongkow New York Yokohama

Current Accounts opened in, Local Currency and Fixed Depozits received for one year or shorter. periods in Local Carrency and Sterling on terms which will be quoted on application.

Silver prices were lower yester

Also up to date Safe Deposit day to the extent of 1/8 for Ready and 1/16 for Forward, the quota-Boxes in various sizes To Let Hong Kong, 18th May, 1937. tlons being 19 13/16 for 7/8 res- pectively. Silver advices reported

THE SECURITIES AND Ex- and J. D. Yager, by means change "commissioner announced checks signed by sald Ismael Golez that the commission is about to and Socorro Goles Ledesma, in act on the application for permit their sald supposed capacities as to sell stocks of the Kaba yan president and secretary-treasurer, Free Gold Mines, Inc., the Com-respectively, illegally caused the pañía Minera de Filipianos, Inc., withdrawal of, and did illegally $14.60 Southern Mines Co., Inc., and withdraw, the total sum of F19,-India, China and speculators as

Samar Mining Company. Any person who may object to the granting of such license may file $13.4 his objection in writing as soon 18.15 as possible, preferably on or be- $80

tore July 21, 1937.

$14.60 Tramways

DJ.

186

Star Ferries paprastar

1982

**

SPS

Yaumati Ferries.

$13.90 Chias Lights (old)....

$15

Do. (DOW).

HLE. Electrica ....... Macao, do, me Kandakan Lighta ........

Do.

Industriala

Hopes....:|

141

"

THE CADIG-MAMBULAO Mines, Inc., has nied a civil complaint 329 $11.40 against the Bank of the Philippine Islands, Ismaël Coles, Socorro 28/-

Golez Ledesma, Mariano Vilegas, J. D. Yager, Maximino Ledesma and Juan U.. Urbano.

345.40, Philippine Currency from plaintiff's account in the defendant Bank of the Philippine Islands, during the period from February 17 to 28, both dates inclusive. ***

NATIONAL THE PARACALE

having sold. There was lack of support. The market was quiet. American Silver was unchanged at 44 3/4 for Spot

The London-New York Cross- rate was quoted at 495.32. New York-London--was quoted at 498.-

Gold Mining Company, Inc., re- ports that the by-laws of the tor-5/16, poration has recently been adopted by the stockholders and original subscribers.

Development work which has been outlined by Marsman and The plaintif alleges that under Company was also approved by the of directors. "Preliminary section 3, article of plaintif's board by laws, all' checks issued in the steps are now being taken by name of the plaintia, are algned Marsman and Company to start by the president and secretary- the work on the property soon. treasurer, and, acting under the Machinery and equipment neces- provisions of said section, said de-sary to carry out the development fendants, Ismael Golea, Bocorro programme will soon be purchased Golez "Ledesma, Mariano Villegas by the firm.

313.70

#60

$141

$99

Telephones (old)

$11:60)

(new)

***

112

China Buss B

247-

Tractions

231-

Do. (prof.)

316

|Caldbeck, Lord.) 8.

317

Macgregoref{praf.18.

Canton Ices

Cements

3141

$4.05

$5.20

Miscellaneous

$28,35) Dairy Farmas ... ... $251

$25.

15.20

$5.10

$1.80 Constructiona, (old) sij

19.80

38.80

H. K. STOCK

$1

95%

EXCHANGE

$100

$101

185

$100 $4.90

(H.K.) Powells

140 ota

prez. 84%

prem

Y

13.05

***

Ch. E'tainments..............

Do. 120) 5 o

Lane Crawfords......

Nanyang Tobacco...

12.80 Sincere ..........

WatODS.

S. C. Enterprises

977, OLG.5X1995G.9Bd£.] //

$50

141

ILE. Gors, 4%Loade

Do 21%

Wallace Harper.................

Vibro Piling

26) Maramans Inv. (Lon.))

LONDON

・Wm.

*Sales to Shanghai,

EXCHANGE RATES

(British Wireless Service).

H.K Wing C

132-29/32

July 20

July 21 130-29/32

Geneva

21.72

Berlin

12.37

Athens

Mijan

941

1237

943

Copenhagen

Stockholm

Shanghal

New York

Amsterdam

*4.98-3/16

9.021

4.98-5/16

Vienna...

Prague

1421

1421

Madrid

Lisbon

Hong Kong

Bombay

Montreal...

Brussels

Yokohama

Belgrade

Monte Video

Rio.........

Bucharest

Silver (Forward)'

Bliver (Spot)

War Loan

sight

4.99-1/16. 297

19-13/10.1 33% 99-13/16

191

19-15/18

· 31% 90%

July 29, 1887,

Closing Quotations

19/39

1/295/33

1048

Dn London¦---

Telegraphic Transfer... 11/2

Bank Bills, on demaad Credits four months

On Demand

ON SINGAPORE:

On demand

On demand.

On JAPA

ON NEW YORK —

Bank Billa, on demand 304 Credits, 60 days' sight. 30/

ON BATAVIA

On demand ON PARIS-AN

54

Bank Bills, on demand 810 Credits, 4 month's night'861 On Baidba Be On demand

YESTERDAY'S

OFFICIAL QUOTATIONS

An improvement in market sen- timent, reinforced by a sharp reaction in the China market in London, found ready reflection locally. A general demand - was apparent at the same time as sel- lers withdrew all round.

A few Banks were traded at $1905:

The Manila, market tinderwent a fresh relapse, though appearing to find support when lower prices became available.

BUYERS

RK Bank 1900 Cum. Div. Douglases $48,

Union Waterboats, $9.30. HK & W. Docks, $32. Providents (Old), $2:10. HK. & B. Hotels, $0.45. Chinese Estates, $90. Peak Trams (Old), $5. Peak Tramis (New)

Telephones (Old), $291. Watsons, $51.

Wm. Powell, 40. cts.

Prem.

Constructions (New), 45 cts. HK Gov 3% Loan, 1 Maramans HK 8/6 SELLERS

Union Insurance, $825. Maramans HK 7/-2.

SALES

Union Insurance, $825. Watsonia, 35.

K.K. Govt. 31% Loan, 1/2%

Prem

AUSTRALIAN GOLD MINES

The Hong Kong Stock Exchange have received the following cables to-day from the Raub z

Gold Mining

June-July Ou

H. K. SHAREBROKEES ASSOCIATION

BUYERS

Providents (Old), $2.10. Providents (New). 50 cta. HK. Docks, $31.

Lands $35, Hotels, $8.50. - - Realties, $5.00.

Peak Trams (Old), $5.

Peak Trams (New). $2.

Y. Ferries, $263. Telephones (Old), $29. Cements, $14.85. Dairy Farts) $254. Constructions (Old), ($14. Constructions (New), 45 cts; Watsons, $5.10.

Govt. 34% Loan, 1% Prem Clovt... 4% Loan, 81% Prem. Powells, 40 cts: Antamoks, $1.31. - Atoka, 39 cts. Demonstrations, 79 cts. San Mauricio, #2,

HALES Providerits (Old),: $2.05. Providents (New), 50`cts. Entertainments, $4.90, Antamoks, $1.33. Atoks, 41 cts. Demonstrations, 814 cts."

INDIAN LABOUR LEADER DUE

MARKET

Quietly steady.

STERLING No business was reported. There were sellers at 1/2 21/32 July- December, buyers at 1/2 11/16 for any delivery.

U.S. DOLLARS

Some business was reported early in the morning at 30 3/8 September and also 1st half of september. The market closed at 1 pm with sellers at 30 7/18 July. 30 3/8 August`and 30 5/18 Septem- ber-October, buyers at 30 1/2 for

BONG KONG SAVINGS BANK.

HE Business of the above TBank 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,

Thiet Manager. Hong Kong, 1st March, 1937,

BANK OF EAST ASIA, LIMITED.

COLOMBO - MANILA DĚLEI

KEDAN HAIPHONG NEW YORK HAMBURG. PRIPING

HANKOW

HARBING

TOKOHAMA

(Peking) ZAMBOANGA PENANG

ĐỘNG KONG BANGOGR

FOREIGN EXCHANGE and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One, Year or shorter perioda at" rates which will be quoted on applies tion.

The Bank's Head Office in Lon-- don undertakes Executor & Trustee business, and "daima" recovery of British Income Tax overpaid, an terms which may be ascertained, at any of the Agencies and Branches.

BW. ROBERTS,

Manager.

EL

THE CHASE BANK

18, QUEEN'S ROAD. CENTRAL

HEAD OFFICE:

18, PINK STREET

NEW YORK

As American Bank offering com

plete Foreign Banking Service. in the principal Markets of the world. Interest Rates on Application.

SAFE DEPOSIT BOXES

This Bank is entirely owned by THE CRANE NATIONAL BAKE, NEW Yon, with Resources over US. $8,500,000,000,

D. M. BIGGAE,

Manager.

LIMITED

Authorised Capital $10,000,000.00 THE YOKOHAMA SPECIE 'BANK Paid-up Capital 5,098,600.00 Reserve and Undivided

2,776,726,76

Profite

HEAD OFFICE:-Hoxe Kora

cash, 30 7/16 August and 30 3/8 No. 10, Des Voeux Road, Central.

September-October.

SHANGHAI DOLLARS

Board of Directors:

The market opened weak and Bir Shouson Chow, Chairman business was done at 102 3/4; 102 | Li Koon Chan, Esq. Li Lan sang, Esq. 11/16, and 102 5/8 for Spot. Sub-P. K. Kwok, Esq. WongthaSon,

Ten 100,000,000.00

Capital (fally paid up) Beserve Fund ... Yen 132,650,000.00

Hur Office:-YOKOHAMA

BRANCHES AND ADOLES ar

Alexandris Honolula Rangoon

sequently the market reacted clos- Wong YunTong,caq. Kan Ying P, Bag Bangkoksinking Bio, do

Chan Ching Shak, FungPing Wah

ing at 1 pm with sellers at (102 7/8 for Spot, büyers at 103 for Spot.

SHANGHAY MARKET D

A

Esq.

Batavia

Kan Tong Fo, Esq., Chiet Manager. Li Tas Fong, Esq., Manager.

Berlin. Bombay

Calcutta

Canton

Branches and Agencies p

Dairen

Kowloon Panang

r London Rangoon

There were sellers of Sterling for near delivery. at 1/2 1/4 buyers at 1/2 17/84. US Dollars, sellers at 29 9716, buyers at 29 19/321 for Spot. The forward rates were steadier.

IN THE AFTERNOON The market dull in the after- noon.

IN STERLING

Manda

Bourabaya

Bydory Melbourne. Ban Fran- !, Zaloku

MAISMAAgNew York Beactie Tokyo

Omka Semarang! Vancouver

· Khangbel: Yokohamza Paiping Bingapore"

Ямакот

Kol

Every description of Banking and Exchange business transacted.

Karachi

Kobe London

Ban

aueiro

Francisco

Los Angeles Seattle

alanila Bemarang Moji

Shanghai

(Dalny) Nagasaki Singapoza Fengtian Nagoya- Soersbays

(Mukden) New York Sydney

Hamburg Osaks

Tientsin

Hankow "Otary - Tokyo

Harbin "Paris

Hong KongPaiping

Tsingtao Vinkow

Interest allowed on Current A counted

Deposits received for Fixed

The market closed with sellers Loans granted on approved Perioda at rates to be obtained on

at 1/2 21/32-July-December, buy- era at 1/2 11/16 for any delivery. US. DOLLARS

The market closed with sellers at 30 7/16 July, 30 3/8 August and 30 8/16 September-October, buyers at 30 1/2 cash, 30, 7/16 nrst half August and 30-3/8 1st half Bep- tember-October,

U SHANGHAI DOLLARS Sellers at 102 13/16, buyers at 102 15/16 for Spot.

CULTURAL

COMMITTEE

A

Vienna July 21 The German-Austrian Cultural Committee, which came into being following an agreement on enna on July 11, 1938, met in

A distinguished Indian in the person of Mr. R R Bakhale will be arriving in the Colony this morning on the sa Ranchi on his way back to India from, America.

Mr. Bakhale attended recently the Washington Textile Conference Wednesday, and discussed the as & Labour Delegate from India "mutual question of raising a ban and is now returning home ya the on books and pamphlets. Far East, Mr. Bakhale is also the Transperan News Nervica Secretary of the Asiatic Labour: Conference and arter, his return to

Amer

spent the Or

of India Society and has ed labour interests in the and AssemblyHe will be Colony to-morrow

securities.

application, Currens Accounts opened in

and

T. KANO,

Manager.

Local Currency and Fized De- posits received for one year or Hong Kong, 10th March, 1937. shorter periods in Locial Foreign Currencies on termg which will he quoted on application, Safe Deposit Boxes To Let

KAN TONG PO.

Chief Manager.

REICHSMARKS QUOTATIONS

Berlin: July 21.; Reichsmarks quotations, without guarantee, are----

New York 40.23. Parta, 106.4.NET Amsterdam, 72.03. London, 1237.

Paris (sterling), 13175 to 131.90 Paris (dollar), 26.43 to 28-45,- Trasmcean News BerusCE

ANGL »JAPANESE-

THE RENTES FUND

Paris, July 22.

A Finance Ministry com Issued to-day

that Rerites Fund will be over 6,000,000,000 franes, this amount of money be separate from the considerable sums devoted by the Sinking Fund to the purchase of state securities.

The Renter Fund has been forme from the pronta on revalued gold reserves in the Bank of France.

The currency is now on the Tow limit basis of 43 milligrams to the franc, provided by the monetary | law of last October 1

Reuter

Lollowin

Beak on

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