DAILY SHARE QUOTATIONS
Hong
Kong Stock Exchange
Mayors Balleri
3* MIKON
SATURDAY. JULY 31.
Banks
H.K. Banks
Sharebrokers'
Association
Bayere
Balers
od
($1,020) o d
Do. (London)
2141
artared Banks....
Mercantile Bks “d”
£15.
$101
Bek of East Asia...)
N. U. & S. Barkë...
Insuranoce
$200
Usaton Ingatangas..
$825
Unton Insuranosa....
Underwriter.
$220
H.K. Fires...
13
International Assos, 5.)
384
Shipping
Douglass.
Steambabe "
bi
Indo-Chinas (prof.)
142
Do. (def.).
110
Shells
$9.30
::
$118
HONG KONG DAILY PRESS, MONDAY, AUGUST 2, 1937.
H. K. STOCK EXCHANGE
AND
H. K. SHAREBROKERS ASSOCIATION
Philippine Gold Mining Quotations.
Time Received
BANKS
HONG KONG AND SHANGHAI | THE CHARTERED`BANK OF INDIA
BANKING CORPORATION
Authorised Capital
$30,000,000
Issued & Fully Paid-Up $90,000,000 Reserve Funds :-
Sterling"
Hong Kong Currency
Reserve
Reserve Liability of
Proprietors
£8,500,000
AUSTRALIA AND CHINA Incorporated by Rugal Charter 1953
HEAD OFFICE: LONDON: 33. Bishopsgate E.0.2.
$10,000,000 | Pald-up Capital...
Reserve Fund .$20,000,000 | Reserve Lability of Pro-
Head Office:-HONG KONG
Board of Directora.
G. Miskia, E.,
pristors..
83.000.000 £3.000.000
£3.000.000
·MANCHESTER BRANCH:
71. Mosley Street, Manchester.
Chairman. AGENCIES AND BRANCHES:
| ALOR STAR ILOILO
$1,935
£13
£33)
£15
198
30th July, 1937
19th July Closing Lates
B
cloer
clos.
8.34 9.84 10.23 11.21
2.40 3,07 3.30
104
3207
Antamoksis
7.1
3692
Atok
20
19
***
**
19
480
Baguio Gold
17
***
17 17}
*
Benguet, Consol
9.76 10.00 9,75 10.00
Benguet Explor
10
8
0
!!!!!!
$48
Big Wedge
13 14
$51
Coco Grove ...
44
43
142
Consol Mines
.017
,016
017
110/
Demonstrations
41
40
43
E. Mindanao
www
181
10
17'
4;
-9/08
G. Goldhelds
***
12
11
$11.45
Itogona
the
31
$8
50
I. X. L
**
59
66 57
Masbates
15
14) 151
T
$117) *12.20
Min. Resources
....161b
18
101
30 E.
Northern Mining 43 51
Paracale Guma19....... 95
** D
23
201
$32
$108
San Mauricio
1,00
95
97 97 89
$3
Sayoc Consol
23
22+
24
United Paracalés '
63
#1 A$
2014 LISASI 2
MA 7379
ཐབ
16
017
113
49
FILETT91212
58
144
10
1.00
3
.6%
1 18 18
23
$8.65 $35
Market Commend,
E..
°
Q
E
S
S 5
S
$102
$6.90
...
19
21/-
Waterboats
Mining
Kailans .....
$11.40 Halba..................
120 ch.
Venezuels Gold Flds. Docks, Wharges,
Godowns, etc.
H.K, & K. Wharves. Provideats (okl
Do. (new) $32,85 11.K. & W. Docka
3:08
Shangani Dock S.
$31 New Engineerings 8.Į
Lands, Hotels, and Buildings
***
16.00 H.K. Hotels
$301
$105.
$11
37
20
10
$90
fr mund
60 cta
W
17
prem
**
16.10
$16
HK Lands.......... Do. 4% Debentures Shanghai Lands.... Metropolitan Lands.,
H.K. Realties......... Chins Do........... Do. Debenturess. "Humphreys - Chinese Estatom.
Colton Mil}= Exos..........
$118 Sb Cottonaloid)S..
Do..
Wing On Textilna(8.)|
Ewo Cotton Rta. S.
Public Utilities
$14.00 Tramwayı anmamı
134
Zoong Sings
$80
H.K. Electrics.......
14
$18.46 $120
$34
.
179. 124
$14.80
PHILIPPINE MINING
NEWS
J. H Marsman, head of the Marsman interests, returned on the Potsdam from a brief business trip to Hong Kong, states the "Manila Bulletin."
J. B. Stapler, manager of the southern division of Marsinan and Company, has left Manila, accom- panied by Mrs. Stapler, their daughter Jodey, and their son Richard B. Stapler. The Staplers will be gone about six months on a vacation trip to Europe and the
finited States.
Poak Trama (old)..........§. $5. Do. (now)... $9 Star Ferries $87 Yaumati Ferries --
$13.90, China Lights (old)...
$13,70
Do." (DOW).
$80
$27 $131 $13.30 $59)
318) | Macao do
$149 | Budakan Lights .......
$99.60 Telephones (old)
$1,60
Do. (now)
129.40 11.30
$12i Chink Buses...S..
24/
Tractions ...SOUNDAT
281-
23,
Do.
(pref)
***
Industrials
$18
Cadbeck, Yardy 8.
$17
32
Maogregors (pref.).
Canton Icas
42
11c.
$15.10
Comenta
$16
33.05
Корее
18,20
Miscellaneous
1261 Dairy Sara....
5.20 Ch. 'ainmbuts.............. $4.80.
$1.60 Constructions, (old); $1)
Lane Crawfords...............
Do.
(new) 50 ota.
38.05
Nanyang Tobacco...
12.60
Sinceres
$5,40
Watsons...sap.
S. C. Enterprises
97
Ch.G.521925G. Bdz
pre E. Gort 4% Loans $108
TURI
Benigno Toda and Toledo, stock brokers, will move from 212 Crys- tal Arcade to the Toda building on 428 Dasmariñas, effective August 2. THE ATOK BULAWAN MENING
Company announces that only 500 ore.units of 10,000 shares each are being offered to the pub- As soon as these units are
sold to the public, the manage- ment will start an intensive de- velopment programme on its Atok, Benguet. property. The company has recently uncovered eight rich veins which given encouraging assays.
The corporation has recently been granted permit by the secur- itles and exchange commission to sell shares. Mrs. Lucia A. Ange- les, treasurer and vice president of the company told the Bulletin
that reservagons from the provin- ces are coming in to the office.of the firm. The offices of the Atok Bulwan Minix Company are at 405 Fernandez bulding. The officers are Francisco Sevilla, president; Mrs. Lucia A Angeles, vice pre- sident and treasurer: Pio C. Calica, secretary and J. G. Orendain, gen- eral manager.
20 RAUB AUSTRALIAN GOLD MINES
{
THE SHARE MARKET
Harriman's Weekly Report
Messrs. G. A. Harriman & Co.'s weekly share report and market review issued at noon on Saturday states:-
Hon. Mr. M. T. Johnson,
BAIGON
Deputy Chairman, AMRITBAR
SEMARANG
J. K. Bousfeld, Esq.,
BANGKOK KARACHI
BURSKBAN
A. H. Compton, Esq.,
SH. Dodwell, Esq.,
BATAVIA BOMBAY CALCUTTA CANTON
KLANG TONE KUALA
AHANGHAI
BINGAPORS
L
SITIAWAN
LUMPUR -KUCHING
SOUMABATA
J. B. Masson, Ex
K. S. Morrison, Esq..
Hon. Mr. J. J. Paterson,
T. E Pearce, Esq.,
A. L. Shields, Esq.."
Sir Vandeleur M. Grayburn,
Chief Manager.
Amoy
Boogkok
Branches:
Iloilo. Paiping Ipoh Batavia Jobore Bombay
Kobe
Calcatta
Canton
Kowloon Kuala
Chafoo
Colombo
Penang Rangoon Saigon
San Fran
Cisco
Lumpur Shanghai
London Singapore
Daire Lyons Sourabaya
Malacca Sungei
Focchor
Haiphong Manila
Hamburg Muar
Patani
Tientsin
Hankow (Johore) Tokyo Harbin Mukden Tsingtao Hongkow New York Yokohama
•
+
Current Accounts.opened in Local Currency zid Fixed Depos 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 Let. Hong Kong, 18th May, 1937.
BONG KONG SAVINGS BANK THE Business of the above business has been on a restricted HONG KONG &
T This has been a slack week and
Bank is conducted by the SHANGHAI scale, but in quietening news from Northern- may be obtained on application.
spite of the dis- BANKING CORPORATION. Rules
China our market has kept re- For the HoxG KONG & SHANGHAI
BANKING CORPORATION. markably steady, with investment
V. M. GRAYBURN, shares ending ready takers
-Chief Manager. slightly below quoted rates.
Hong Kong. 1st March, 1997.
here
atj
con-
The Manlin market has tinued easy and ruling quotations for producing mines are looking so attractive that were conditions more peaceful, discerning buyers would
.at- certainly be träcted Antamok Goldfields for example, at the current price of 73 centavos, yield approximately 164%.
Sterling stocks are steadier with Banks elther side of $1925 cum. Unions $825. Cantons nre unchanged at $300.
Raub Section The following is the report of the
Main Shaft: No. 3 Level plat and Raub Australian Cold Mining Co., Ltd., for the four weeks ended on completed and main East crosscut July 17:-
advanced to 15 feet.
$8.80
$6.80
121
$5.20
$1
20%
Develop-
ment
Do. 31%
11011
Cross-
Winzing and
Wallace Harper....
$60
S'bai
HLK Wing On
165
cutting Driving Rising Til
Do
$100
Bukit
Ki
Vibro Piling
$4.90
29. Marsmans Ir v. (Lon. }|
Koman Derrick
307
69
296
162 67 101
7/4
144
Wm. Powells
(H.K.)
Anderson
170
122
40 ot.
Raub
230
168
47
Bukit Jalis 17
96
54
445 167
793
749
304 1.906
Paris
*Sales to Shanghai.
LONDON EXCHANGE RATES
Geneva
Berlin
(British- Wireless Service)
July 28
July 29
132 83/84
132-53/64.
217- 12.37
21.673 12362
94-9/16.
Athens
Milan
Copenhagen
Stockholm
Shanghai'
New York ....
Amsterdam
4.97-13/16 9.01I
4.977
9.022
Vienna
Prague
1421
Madrid
Lisbon
Hony Long
1/2-21/32
4.377
29.564
216
Bombay
Montreal
Brussela Yokohama
Belgrade
Monte Video
Rio......
Bucharest
Bilver (Forward) ...
Bliver (Spot)
War Loan
Da LONDON:
20 20
20-1/18 20-1/17 3100-1/16 3% 100-3/16,
Closing Quotations July 31, 1927.
Telegraphic Transfer... 3-1/2-
Bank Bills, on demand. 11/16 Credits four months
Ox New York,-
Bank Billa, on decay 20 7/16 Oredita, 60 days" sight, 3013/18 OR BATAVIA
Öà demand
Bank Bills, on demand 811 - Credits, 4 month's sight 869
ON PARIS
sight
ON SHANGRÁT:
108
ON BAIGON
On demand
„OW LINGAPORE:
ON MANILA?
200 A 105/2
ON BANGKOKI-
180
974a dansad
On danand
BOYEEZIONE" Bank Buring
|::15/16 || BAB BILVER, DAC GL
415,10
BOA!
1/9/27/32
width.
Foremost in demand among No. 8 Shaft Underlie winze from utilities have been Star Ferries, at
done, and 88 feet level was continued for 48 $87, business
buyers. feet Northward on bottom of high | Hong Kong Electrics have been grade shoot of ore 10 inches in dealt in at 60 and 591 cum the usual $1 interim dividend, which is payable
9th. September China Lights are lower at $13-- $12.25 and Trams at $14.60 cùm. Telephones (old) had sales at $29.60, but are now available at $29,40, and the "New" offer at something over $11.
No. 23 Shaft (50 feet Level): 39 785 237 leet of crosscutting was done on 292 small high grade cross veins.
Bukit Koman Section Main Shaft, No. 9 Level plat completed and main East crosscut extended 11 feet to 39 feet.
No. 6 Level: Wirme (100 ft. North) sunk 34 feet to 52 feet on payable reef.
•
Eploratory crosscutting is in pro- gress at 600 feet North.
No. 7 Level: South drive ad- vanced 57 feet to 781 feet on lode channel, and és feet of exploratory crosscut driven.
No. 8 Level: Main crosscut driven, 55 feet to 455 East.
South drive advanced 51 feet to 118 South on lodge channel," and
feet of exploratory cross
driven.
Winzing on the schools at this level is in progress.
No. 9 Level: Main Bouth drive advanced 48 feet to 621 feet South (Bukit Koman) "in lode channel, and 87 feet prospecting crosscut driven.
Derrick Section No. 4 Level: Raise (15 feet East 878 feet Bouth) to connect to Noi. 3 Level extended to 43 feet die closing upper limit of payable ore shoot at 40 feet
No. 5 Level: North drive advan-
ced 30 feet to 204 feet and Bouth ́drive advanced 19 feet to 269 feet
in "main" lode, channel “
Anderson Section
No. 7 Level: At 530 feet Bouth 43 feet West, 28 feet of driving was done on low grads rest.
The main North drive advanced 32 fast to 207 fest on broken reefe
No. 28. Shaft (75 feet Level): Winze (54 feet Bouth) sunk 14 feet on payable ore.
Bukit Jalls (No. 4 Level): North Drive advanced 31 feet_ta, 185 feet on low grade reef 3 feet in width, and 17 feet of exploratory crosscut
driven.
MINING ORE BREAKING The following. ore was mined during the period:
Ore Tonz
on
BANK OF EAST ASIA, LIMITED,
Authorised Capital ...$10,000,000.00 Paid-up Capital ...... 5,596,800.00 Reserve and Undivided
"
Profts........
CAWNFORE
MADRAS MANILA
MEDAN
COLOMBO DELEI
HAIPHON
• KÊW YORK
HAMBURG
BANKOW
HARBIN
PRIPING
- TAIPING
TONGKAN
(Bhuket) TEINOTAO
ГОКОМАМА
(Peking) MatBOANGA
PENANG
HONG KONG KANGOUN
FOREIGN EXCHANOE and General Banking Business transacted.
CURRENT ACCOUNTS" opened and FIXED DEPOSITS received for. Que Year or shorter periods at rates which will be quoted on applica
tion.
The Bank's Head Office in Lon don' undertakes Executor & Trustee business, and claima recovery of British Income Tax overpaid, op. terms which may be ascertained, nå any of the Agencies and Branches.
K. W. HOBKETS,
Manager.
THE CHASE BANK
15, QUEEN'S ROAD CENTRAL
HEAD OFFICE:
18, PINK STREET,
NEW YORK.
An American Bank offering com
plate Foreign Banking Service in the principal Markets of the world.. Interest Bates on Application.
+
SAFE DEPOSIT BOXES
This Bank is entirely owned by THE CHAIS NATIONAL Bänk, New Yos, with Resources over U.8. $2,500,000,000
D. M. BIGGAR,
Manager.
THE YOKOHAMA SPEONY BẢN LIMITED
3,776,796.76 Capital (fully paid up).
Yen 100,000,000 00 Beserve Fund Yen: 131,000,000.00
HEAD OFFICE-YOKOHAMA
HEAD OFFICE:-HONG KONG No, 10, Des Voeux Boad, Central,
Board of Directora 2---- Bir Shouson Chow, Chairman Li Koon Chun, Esq. Li Lan bang, Esq. Wongthuson, Esq P... Kwok, aq.
Hag. Wong Yan Tong, caq, Kau Ying Pu Chan Ching Shok. Fung Ping Wab, Eng.
Ex
Kan Tong Po, daq, Chief Manager. Li The Fong, Esq., Manager..
Karachi
Kobe
BRANCHES AND AGENCIES ATH Alexandria Honolulu Bangkok Bataria Berlin
Bangood
sinking
Rio do
Janeiro
Bombay
Loudon
Francisco
Calcutta
Canton
Branches and Agencias sim
Assay
Kowloon - PODADE
Sourabaya
Bataria
London
Bangoon
Swatow
Bomber
Manta Saigon.
Bydary
Calott
Gantun
Hatabang
Melbourne San Prem
Dairen
Los Angeles Seattle
Manila
Moji
Bemarade Shangbai
Dalny) Nagasaki Singapors Eengtion Nagoya Soerabaja
(Mukden) New York Sydney
Hamburg Osaka Patholo
New York, Bastian Tokya
Bogolulu Paris
Lobe
Cements are very steady at $144 and buyers are many without row attracting sellers, whose ideas are nearer $15. Dairy Farms found takers at $264 at which figure screral parcels were sold.
Watsons have improved to $5.40
Sulphide Oxidised T and Ewo Rights sold at Sh.321, Bukit Koman 2,144
Wharves have good buyers at 442,188
505 $118, after transactions at this 156 gure but Docks have eased of 287 to $31 Providents (old) are $21 1.253 and the New 50 cents
Lilburne Derrick Anderson Raub
Bukit Jalis
166
188
505.
99.
1,256
287 242
529
HK Lands were dealt in at $35 cum $1 interim, payable on 4,031 850 4,921 August 17th and there are further buyers. Hotels were affected most
The decrease in the average of our local shares, and have been
Semarang Yanover shangnaf Tokohams Peiping Singapors
Hankow Otaru
Tientsin
Tokyo Tsingtas
Harbin Paria Hong KongPaiping Yinkow
Interest allowed on Current A~~- count,
Every description of Banking
Deposita received" for Fixed and Exchange business transacted. Periods at rates to be obtained on Loans granted. on approved application.
securities.
Y. KANO,
Current Accounts, 'opened in
Manager. Local Currency and Fixed De-Hong Kong. 10th March, 1937, posits received for one year or and shorter periods in Local Foreign Currencies on terms, which will be quoted on application. Safe Deposit Boxes To Te
EAN TONG PO
Chief Manager.
ADMIRAL'S WARNING
London, July 31. "Now that - Japan' has 'set the... pace in warship construction, Britain will be forced to build
grade of ore mined is due to the depressed down to 36.20, despite Export Of Iron Ore Die and Admiral de Ber persistence of the previously re-reports of excellent business for ported love values in Bukit Koman the Arst half of the year Section.
TREATMENT PLANT · Ore Treated-tons, 4,995. Crushing hours, 5887. Proportion of full time, 98.38 per * cent,
Bullion produced-oza 1654.04. Residues to storage wt. per ton,
· 1.9, Residues to storage--dat, per ton,
Concentrate to storage-tons, 303. Concentrate to storage-dwt. per
ton, 7.0,
·CONSTRUCTION:- Erection of storage tanks and anitator vate completed.
Erection of alter plant and con-
all Vejors and cons ways to storasssbin
There are buyers of Hong Kong Realtys $5.85' and Humphreys at
To Spain
so declared Admiral Sir Herbert Richmond, formet Commandant of the Imperial Defence College and Vere Harmsworth Professor of London, July 31 Naval and Imperial History at Negotiations are going on be- Cambridge University, in a speech Philippine mining. There is as tween the Salamanca, authorities | made to-day, yet very little strength to this and representative of the British "It is surprising,” he continued, market and any slight improve-tron pre Industry, says the "Morn- "that a great nation like Japan ment is only temporary and acts ing Post," with the object, as re with her ability, knowledge and as an incentive to the bears to gulating the export of ore from experience of war, has gone in depress the market further. Just Result of the negotiations, says for a line of action which has so as at this time last year it was the paper will be that Britain often falled before and will fall the fashion th always buy for a will soon be obtaining the same again”----- rise, the reverse now appears to be quantity of fron ore as she obtain. Reuter. the method employed, and selling ed before the start of the civil continues, almost unchecked, re-
gardless of the attractive levels to The paper claims that the Bala- which way of the befter, shares marica authorities made launder have been depressed. Courageous stood that recognition of the na
this tionalist by the Brit Investors should watch market for there are "pickings" ment would under all frabeshad,
Closing comment, Hong Kong
atly steady, Manlis: Bull easy.
ces assure the supply of the quialte amount zi
Transocean News Service.
ADMIRALTY BUYS SIX TANKERS
“Fondor" July: 31. "Admiranty has bought sis "bich had been built for