∙IZ
DAILY SHARE QUOTATIONS Hong Kong Stock
Exchange
Sharebrokers'
Association
By Jer
Bales" Nominat
FRIDAY, JULY 30.
Baywe
Balbuen
معلمة
emina
$1,920] ad
anka
ELK. Banksm
rd
£119
10.30
!!!
**TH HD quå m
8142
th
233
Bo (London)".... Chartered Banks... Mercantile Bks. "A"
o d xd
$1,935
2112
10+
2143
*
ΕΙΔ 3101
Do.
C
Bank of East Asia...
£10 399
29th July Closing Ratex
B
9:54
.N..& S. Banks ...
Insurances
$300
Canten luxarandoe..
397
Antamoks
74
71
72 73
74
Unida Insuran1066 *** |
$822
Atoka
20
19
201
99
***
Underwriters
38
3220
"H.K. Fires........................
3290
Baguio Gold
17. 17 10}
10%
International Asics,"d.
Benguet Consol
Shipping
Benguet Explor
i 10jà
&
9
Donglades
148
181
Stumbe
Big Wedge
14
13
14
·
3A1
Indo-Chinas (pref.)
301.
Coco Grove ...
44
43
44
$452
Do. (def.)
Consol MineS
Cont
016 ,017
110/Shells ROM==|
110-
Waterboats
Demonstrations
41
40
42
41
49
EM
21/-
Mining
Kailans EYONDON
111.40 Raubs
E. Mindanao
151
16
17
10/8
$5
Venezuela Gold Fids:
!!!
!!!
G. Goldfields
12
11
111
311.45
#31
Itogons
51
48
59
A
|::རྩ
09
I. X. I
63
56
57 57
50
118
$118
|60 ot./
$21
Docks, Wharre#,
Godowns, ele.
HK & K. Wharton,
Proridents (oki). ... (DOW) Do.
$39.95 H.K. W. Docks
Masbates
161
141 104.
HONG KONG DAILY PRESS, SATURDAY, JULY 31, 1937.
H. K. STOCK EXCHANGE
AND
H. K. SHAREBROKERS' ASSOCIATION
Philippine Gold Mining Quotations
"30th July, 1937
clos
Time Received
0.54 10.23 1.21 2401 3.07
9.75 10.00 9.75 10.00
ינן
cloe.
4.30
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 Funds:-
Sterling
Hong Kong Currency
Reserva
Reserve Liability of:
Proprietors
6,500,000
AUSTRALIA AND CHINA Incorporated by Royal Charter 1853
HEAD OFFICE:"LONDON: medy 38, Bishopsgate E.0.2.
00,000 Paid-up Capital........
Reserve Fund Asia $30,000,000 | Reserve Liability of Pro-
Head Office: HONG KONG Board of Directors.
G. Miskin, Esq.,
Chairman.
Hon. Mr. M. T. Johnson,
£5.400.000
- £3,000,000
'prietors .....KENTTÄRINNARA £3.900.000
~ MANCHESTER BRANCH: 71, Mosley Street, Manchester.
AGENCIES AND BRANCHES :'
ALOR STAR O
IPON
BANGIOK KARACHI
BATAVIA * KLANO
SAIGON
Deputy Chairman, | AMRUTHAR
SEMARANG
J. K. Bousfeld, Esq.,
SRKEMBAN
A. H. Compton, Esq.,
SHANGHAI
S. H. Dodwell, Esq.,
COBS
SINGAPORE
CALCUTTA KUALA
MITIAWAN
J. R. Mason, Esq.,
K. 6. Morrison, Esq.,
CANTOM
LUMPUR
SOUZABATA
Hon. Mr. J. J. Paterson,
CAWNPORE EUCHING
TAIPING
CENO
MADRAS
T. E. Pearce, Esq.
TIERTELN
COLOMBO ...
MAXILA
TURSKAX
DMLHT
MEDAN
(Bhuket)
HAIPHONG
KAMBURG
NEW YORK PRIPING
TRIKOTAO
KANKOW
HARBIN
16+
19 12
A. L. Shields, Esq.
Sir Vandeleur M. Grayburn,
Chist Manager.
Branches:--
Min. Resources
16lb
.164 16
154
16.
Amoy
Iloilo
Peiping
$117)
Bangkok
Ipoh
Репара
$2:0
Northern Mining
+252 +
味
Batavis
Jobore
Bangoon
50 a =
Paracale Gumaus
25
23
201
24
Bombay
Kobe
Saigon
132
San Mauricio
1.00"
DS
$7 97
1.00
Calcutta
Kowloon
San Fran-
3168 Shangnai Dooku 9.
$108
#3)
New Engineerings S
13
Sayoc Consol
Carton
Kuzia
disco
23
921
24
Chefoo
Lands, Hotels” and
United Paracales
63 61
62
80+ 60
83
Colombo
London
Singapore
Dairen Lyons
Sourabaya
Bui dings
16.90 £351
H.K, Hotela
$8.63
Market Comment.
E
Q Q
-E
$
S
S
S
H.K Lands................Ď. Do. 4% Dobentures Shanghai Lands.....8.
Metropolitan Landa..
135
Haiphong Manila
Patani
$109
Pr8.10
H.K. Healties.nsar
$6.90
31
China D ......
-360
Do. Debenturess.
39
190
Humphreys
Chines Estates.....
Cotton Mill
$16 Eus
'ha Cottons(vld)S.
Do
19
$115
$34
Zoong Sings
i
1811
Wing On Textiles(8.)
Ewo Cotton Rta. S.
Public Utilitiam
$14.90 Tramways.
o d
35
Ponk Trams (old) .....]
35
32+
+387
187
Star Ferries
......$96
$17
་༔
50 cta.
LIV
::
:i
*
pren.
***
pro
++
Do. (ww)... #21
Yatimati Ferries
$13.90 China Lights (old)...
313.70)
180
$141
Da (now)...
H.K. Electrics ................ Macso do.
***
Sandakan Ligists ---| $28.60 Telephones (old)
11,60 Do. (new) $1 Chins Bases S
A
Tractions an 2.Do.-(prof.) særei
Industrials
316 Caldbook, ord.) 2. Macgregors(preI.)8.
317
12
Canton Ices....
$15.10 Cements
16.05
Hopen
Miscellaneous
"
*!:44
$15,45 $120
$70 321
NEW HONG KONG COMPANY
Comprehensive Prospectus
These are fully dealt with and we take the following from the section headed "Reports";
We have received a copy of the first prospectus of the China De- velopment Co., Ltd., a recently $14.80 formed company with tts bead In February; 1937. Mr. Donald D. office in Hong Kong. From a Smythe, Geologist, was sent from perusal of the document, we think Manila by Mr. Fairchild to make the the new concern, with its various a physical examination generally, projects, its financial standing to investigate and report on
197 #13
$591
441
28/
$15
$5.20
38,80 $8.80
1981
Dairy Farms
$261
15.20
Ch. Etainments..
$4.80
$1.60
Constractions, (old)] #7
Do, (now) 45 cta
30.08
Lane Crawforda......
Nanyang Tobacco..
$2.50
Biazores our inne
$5,40
$15.90
KAL
97
$1 00%
84%
$50
Watsons...DEKAMATI YA
8. C. Enterprises...
Ch.G.6219258. Bdr.
HE Gorb. 4% Loss 31084
Do.
$1014
Wallace Harper dia!
Do
EK Wing Oa
8'ba
Vibro Piling *****
29 Marsmans Izv. (Lon,))
(ILK)
Win. Powells 40 otai
*Bales to Shanghai:
LONDON EXCHANGE RATES
Paris
Genava
Berlin
Milan Arse
Athens......
Copenhagen
Stockholm Shanghai New York Amsterdam
Vienna
Prague
(British Wirelem Service)
July 28 132 .63/64 211 12.37
July 29 132-53/64 21.674 12.362
94-9/18:
4.97-13/16
9.013
4.973 9.021
1421
Madrid
Tisbon
Hong Kong
Bombay
Montreal
4.971
29.57
Brussels
Yokohama
Belgrade"...
Monte Video
Flo
Bucharest Finis
Silver (Forward)
Bilver (Spot)
War Loan
ខង
1/2-21/32
4.871 29.561
THE EXCHANGE MARKET
Ir
MESSRS. ROZA BROS.
IL
Silver prices rose 1/16 yesterday for both deliveries, the quotations being 20 1/18 for Ready and For- ward. Silver advices reported India as having bought. Offerings were small The market closed steady. After the official fixing there were buyers at the fixed rate
but no sellers American Silver was unchanged at 44/34 for Spot.
The London-New York cross-
rate was quoted at 497.75, New York-London was quoted at 487.- 18/16.
MARKET
Opened firm but towards lunch time eased off slightly. The un- dertone, however, apepared steady.
market
113.30 and experienced promoters and said gold mining claims, and to In technicians, should meet with the prepare them for operation. approval of the Hong Kong invest-due course, Mr. Smythe made a comprehensive report dated 1st 129.40 trig public,
The aims and interests of the April, 1937. and for the reasons set. $11.30
company are defined and explain-forth therein recommended that
"IN STERLING ed in the prospectus where under the property be acquired. Mr. Smythe states that he made a
Opened with seller at 1/2:23/32 "Objects," it states:-
but business was soon arranged at "The primary object of this first surface examination of all company is to turn to account the the claims concerned and found a
number of reefs all of which had 1/2 3/4 for Spot followed by possibilities of commercial ven- tures that the changing political been prospected or developed to a transactions at 1/2 25/33 for near circumstances at the Orient are more or less extent and could and forward and 1/2 13/16 for
As he found that cash. Subsequently the bringing about These possibilties show values. can be grasped not merely by more work had been done on one appeared a shade caster and offers having the available capital, but by known as the "Tabal Reef," he at 1/2 25/32 were again. accepted the proper application of such concentrated his efforts on a for near and forward. The mar- capital The promoters of this thorough eramination of these ket closed at 1 pm. with sellers at company have studied, and are workinga, the results of which 11/2 3/4 July-December, buyers at
U.S. DOLLARS 24 still studying, several possibiles would indicate the value of the 1/2 13/18 for any delivery.
Opened with sellers at 30 9/16 for the company other than those property as a whole. The informa- that are described in this prosper- tion gathered from his examination tus. The promoters lay great em- phasis on the technical calibre of the men to whom this work is confided, as the success of any venture can be assured only by acquiring a knowledge and under- standing of every technical paint as well as the commercial, political and distributing factors that have any bearing on a ventury... It is
The figures taken from the re- felt that by providing not only an ample and proficient stay of tech-port appear to be very concinaive. nicians generally, but in having suitable technical and commercial connections in the largest centres
We consider the prospectus one of the world, this company will be
or the most explanatory of Its In an enviable position, to take under consideration, and possibly kind that we have seen and ⠀ we advise our readers, who are in- develop, any venture in manufac- turing, merchandising, mining, re-terested. to apply for a copy at Aning, or trading that may be the odces of the company in brought to its attention or that Stock Exchange Building.
565 $100 $4,90
20
20
20-1/18 20-1/17
30 100-1/16
31% 100-3/16
Closing Quotations
July 20, 1937.
LONDON: Telegraphic Transfer... 11/2 Bank Billy on demand91/32 Credits, four months"
"right
1/2 27/32
On New York:-
Bank Bills, on demand 301 Credita, 60 days' sight. 31
ON BATATIA:
On demand:
ON PAKIN, da moja
£412 18
Bank Bills, on demand 810 MCredits, 4 month's sight 881
O BAIGON
On demand
OF MANILA
801
It may of its own accord discover or bring into being. Having pro- ylded the contacts and technical sta referred to the organizers of this company have come to Hong Kong as the most central and logical point in the Orient from which to conduct operations.
of the Fabal Reef alone caused with business done at that rate him to recommend that the pro- for October and November follow- perty as a whole, including all ed by transactions at 30 5/8 other reefs which he had been August-September,. 30 11/16 cash In such detail, and 30 3/4 cash. The market unable to study should be botht and a 60-ton closed at 1 pm, with sellers at 30 mill installed immediately on the 5/8 July-August and 30 9/16 Sep- Fabal Reef while the work of tember-October, buyers at 30 3/4 and developing the for cash, 30 11/16 August and 30
5/8 September-October.. examining reefs was carried on.
showing a net profit from "post- tive" ore reserves of £558.140.00 and from "probable" of $1,807,455.00.
MASA HUD A.
K STOCK EXCHANGE
YESTERDAY'S "OFFICIAL QUOTATIONS
SHANGHAI DOLLARS Nominal at 103, 7/8.
Lumpar Shanghai -
Foochow Malacon Sungei
Hamburg Muar Tientsin Hankow (Johore) Tokyo,
Tsingtao
Harbin Mukden Hongkow New York Yokohama
Current
Accounts opened in Local Currency and Fixed Deposits received for one year or shorter periods in Local Currency sad Sterling on terms which will be quoted on application
Also up to date Safe Deposit Boxes in various sites To Let
Hong Kong, 19th May, 1937)
BONG KONG SAVINGS BANK
THE Basiness of the above Bank is conducted by the HONG KONG & SHANGHAI BANKING CORPORATION; Rules may be obtained on application.
For the Hong KONG & SHANGHAI
BANKING COLORATION.
V. M. GRAYBURN
Chief Manager.
Hong Kong, at March, 1997.
BANK OF EAST ASIA, LIMITED.
5,598,600.00
Authorised Capital $10,000,000.00 Paid-up Capital
Profite .............$,770,796,76 Reserve and Undivided
HEAD OFFICE: HONG KONG No. 10, Des Voeux Boad, Central.
"Board of Directors:
Bir 'Shouson Chow, Chairman
Li Koon Chun, Esq. Là Lan Sang, Esq. P. K. Kwok, raq. Wong Chuson, Leg
FungPingWab, Wong Yun Tong, Esq. Kan Ting Fo, Esq. Chan Ching Shek,
TOKOMAMA
(Peking) sammAN GIA PENANG
HONG CÙNG BẠN0001.
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOArts received for Ons Year or
shorter periods at rates which will be quoted on applica tion.
The Bank's Head Office in Lon- don undertakes Executor & Trustes business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained: at
R.. W. ROBERTS, any of the Agencies and Branches
Manager.
THE CHASE BANK
15, QUEEN'S ROAD CENTRAL
HEAD OFFICE:
18 Pins STREET,
**NEW YORK."
An American Beak offering com
plate Foreign Banking Service in the principal Markets of the world
Interest Rates on Appliossion:
SAFE DEPOSIT BOXES This Bank in entirely owned by THE CHARY NATIOTAL BANK, NEW YORK, with Resources over U.. $3,500,000,000,
D. M. BIGGAR
Managar.
| THE, YOKOHAMA SPECIEL
LIMITED
Capital (fully paid up)"
Reserve 'Fund
MA
Yan 100,000,000 0 Yen 132,659,000.00
HRAD OFFICE:--YOKOHAMA
BRANCHES AND AGENCIES AT
Batavia Karachi Janting Alexandris Honolulu Rangoon
Berlin
San A Bangkok Hainking Riddo
Kobe
Frandiago Bombay Olcutta
Esq
Canton Dairen
Kan Tong Po, Bay, Chief Manager. LA Tse Fong, Esq., Manager.
Amay ESTAVIN Bombs Calcutta
Branches and Agencies z-i
Bakbang.
SHANGHAI MARKET Sellers of Sterling were quoted for Spot at 1/2-1/4 buyers at 12/ 17/64 UB. Dollars, sellers at 29 du 17/32 for Spot, bayers at 29 9/18. Kabe
IN THE AFTERNOON
The market was steadler in the afternoon.
MAIN STEXYLING ME
A small business was reported at 1/2 25/32 for October, finishing with sellers at 1/2 25/32 for near and forward, buyers at 1/2 13/16 any delivery.
1.3. DOLLARS
The market closed with sellers at, 30-5/8 July-September, and 30 9/18 October-November, buyers at 30 3/4 for cash, 30/11/16. August- October and 30 5/8 November.
SHANGHAI DOLLARS NominalSellers at 105 7/8, bayers at 104. for Spot. Business The course of events in the was reported at 100 for October North failing to develop as hoped, delivery. the market early in the week un-
Kowloon Panang:
LoadedBangoon
London Los Angeles Seattle
Manila Semarang
Moji
--(Dalny) Nagasaki. Singapore
Fengtian
Nagoya
Makden) New York Sydney
·· Shanghai.
Sorrabaya
Botirabay's
Bydney
Hamburg Osaka
Tientsin
Melbourne en Fran-
Talhoku
Hankow Otaru »
Tokyo
Heatin
Semarang. Varovaver
Hong KongPeiping
Tinkow
Santa Takahas Bingapore.
Beigza
New York Beazzie"; Tokyoko Chenics Furla
Palphy
Harbin Paris Tsingtao
Interes allowed on Current Ae-
Fired
Every description of Banking Deposits received and Exchange business transacted. Periods rates to be obtained on Loans granted on approved application,
securities.
YKANO,
Manager.
Accousta opened in Current Local Currency and "Fized De Hong Kong, 10th March, 1937,
year or posits received for one shorter periods in Local and Foreign Currencies on terms which will be quoted on application.. Safe Deposit Boxes To Let
KAN, TONG PO,
Chief Manager.
COST OF AIR RAID PRECAUTION
"In addition, other ventures are now being studied. Any statement at this time concerning the details of these would be premature. It will be of interest to possible sub- scribers to the company to know that one of these is the production of vegetable oils by a process that makes possible a product equal to der review, elapsed Into 'quietness, moks, has been maintained on a Home Secretary to the difference refined all, at production costs not higher than those now prevailing and listings continued almost en- small scale,
for the production of crude oils.
tirely nominal
Buyers at lower rates than no- Another is the processing of minal listing have, however, con- Chinese orea as that exporters may have a refined metal to offer inued in evidence throughout clients, thereby retaining pronts at and their enquiries seem a little the source of supply Technical Keener at the close of to-day's assistance to minets, dealers, mel-market.e
ters, etc., requiring no capital in vestment of any size in certain mining and manufacturing areas of Southern China, hold promise of excellent returns."
China issues in London failed to maintain their reaction entirely. with the exception of Blinks, which have held their quotation on of £112 for several days. Buyers The purpose of the initial pros-locally paid up to $1925. pectus, however ty to obtain the In Manila: the market developed necessary funds to acquire and further weakness and closes but develop a group of 190 gold mining ittle better than the 30 Tocation
the Colony of Kenya, Africa.
Local inferent however, and not
BUSINESS: DONE DURING
BAS THE WEEK HK Bank, $1930. Canton Ins., $300,
Union
$825
Insurance, $825 $815,
Wharves $117, $118, Docks, $321, 32.85. Hotels, $0.90. Tramways, $14.90′′ Star Ferries, 187.75 Y. Ferries, $27, B Electrics $80,
Telephones (Old),329,60)
Datty Farms" $263.
London, July 29, Reference was made by the
|
REICHSMARKS
QUOTATIONS
Berlin, July 29,
Reichsmarks quotations, without guarantee. were*——
New York
Paris
40 255
1074.22
Amsterdam 72.00 to 12.95 London
$12.17 Paris (sterling) 132.88 to 182.92 Parts (dollar) 28.7125 to 20.72
which has arise between the Transocean News Service. local authorities and the Central Government regarding the appor
tionment of the cost of air rald be possible to a reach satisfactory precautions when he informed the agreement as to the allocation of House of Commons to-day that exp
legislation would be required to whatever
Anancia strange
applie
place government expenditure on ments were ultimately decided air raid precautions on a proper would statutory basis, and remove the
doubt as to powers of the local templated authorities,
The Bill for the purpose was be-
ing drafted. When it had reached amore advanced stage
tunity for unity wor
Govt 3% Loan 2% Prem 11% for representatives
Marsmans (HK), 7/94,
thorities to conf
erament and he hope
Lbe Jan