DAILY SHARE QUOTATIONS
Hong Kong Stock
Sharebrokers'
Exchange
Association
TAJA
WEDNESDAY. AUGUST 4.
May ves
Ballers Baie min
Banka
o'd
HONG KONG DAILY PRESS THURSDAY, AUGUST 5, 1937.
H. K. STOCK EXCHANGE
AND
H. K. SHAREBROKERS ASSOCIATION
Philippine Gold Mining Quotations
47
1
4th August) 1937
Time Received clos.
5 1 8 !!
1
101
##
x d
214
14:
233
215
$1,920, H.K. Baurs
Do (London)... Chartered Banks
Mercantile Bs. "A"
Du.
***
a d x d
#1,935
214)
£13
£15
$101
Bank of East Axin....
N. 0.8. Banka ...
3rd Aug, Closing Raton
B. & 9.54
clow."
9:54 10.10 11.10
2.39 3.03 3,42
insurance.
$300
Canton InsuraDIOON..
1297
Antamokstam
70
75
73
$625
Union InsuranŐOR ...
$622
Underwriters
Atoka
---
LAI
201
20
21
201
1280
ELK. Fires ........................
$980
Baguio Gold
10
10 181
33
International ̈Ässco, 5.
Benguet Consol
10.00 10.25 10.00 10,25
Stupping
$48)
Douglasen
$48
Benguet Explor
#11 ទ
10
181
Steambiw
18
Big Wedge...
149
15 # 14
154
301
Indo-Chinas (pref.)
Coco Grove...
50
48
30
$42
Do.
(dat.)
$43
11/.
$5
110/- Shells anumamit
Waterbosta
Minies
Kailans OUR BESTI
11.40 Razba
$119
121
6:0 ctr
$32.8
Venezuels Gold Fid».
"Docks. WhaZVOR,
Godowux, ets.
HK & K. Wharton.
Providents (ukly...
Do.
(DOW)
1.K. & W. Docks
$168 Shangnai Duck S. New Engiuserings 3. Lands, Hotels, and
$6,90 $35)
*10.10
37
$60
ป
Bul diges "
H,K. Hotel
.......
H.K. Landa...erro✡i Do, 4% Debentures Shanghai Lauda...d. Metropolitan Lauda.. H.K. Realties......... China Do............... Das Deboutuross,
Humphreys
Chine Estates
Consol Mines
019.. ,018
.02.010
11/3
Demonstrations
47
46
E. Mindanao
... 18 b
15
$0
!!!
11/-
Į
G. Goldfields...
12
13
ទេ
$11.45.
151
*..
Itogons
58
54 07
58
I. X. L
€3
82 04
Masbates
154 15 .10
1118
$8.20
Min. Resources
Northern Mining. Paracale Gumaus
+3
1.05 1.10 1.00
United Paracales ... 66
131 173 19
4) 5
8 1 !
151
28
201
1.05 21-231-
25
67
65
S
૧ ર
S S.
VQ VQ
5
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 Fund:-
Sterling
....£ 8,500,000
Hong Kong Currency
Reserveääsonates were Reserve Liability of
Proprietors
•
AUSTRALIA AND CHINA Incorporated by Royal Charter' 1953
HEAD OFFICE: LONDON: 38, Bishopsgate E.0.2.
.$10,000,000 | Paid-up Capital.................. Reserve Fund... ‚$20,000,000 | Reserve. Liability of Pro-
. printar
Head Office:-HONG KONG
Board of Directors. G. Miskia, Esq.......
Hon. Mr. M. T. Johnson,
Chairman.
Deputy Chairman.
J. E. Bousfield," Esq., A. E. Compton, Esq., 5. E. Dodwell, Esq.,
J. R. Masson, Esq.
E. S. Morrison, Esq.,
£3.600.004
- £3.000.000
· 23.000.000|
MANCHESTER BRANCH: 71, Mosley Street, Manchester.
AGENCIES AND BRANCHES:
'ALOR STAR ILOILO AMBITBAR IPON BANGKOK KARACHI BATAVIA
KLANG KONK
SAIGON SEMARANG ...
KKSEYRAN
SHANGHAI
BOMBAY
SINGAPORS
CALCUTTA KUALA
SITIAWAN
CANTOM
LUMPUR
80URABAYA
Hon. Mr. J. J. Paterson,
CAWNPORE
KUCHING
TAIPING
CHAU
MADHAN
T. E. Pearce, Esq.,
COLOMBO
MAXILA
TONGKAR
DELKI HAIPHONG
MEDAN
(Bhuket)
NEW YORK
TSINGTAO
HAMBURO
PRIPING
BANIOW
TOXOMAMA atwGANGA
HARDIN
A. L Shields, Esq.,
Sir Vandelaar M. Graybura,
Chief Manager,
x d
{ i
S'hai Cottons(old)S.;
Colton Mille
$161
Bwoe
$111
Do
(now)S.
34
Zoong Sings ......
48
Wing On Textiles(S.))
Ewo Cotton Rts. 8.
Pubile Utilit
$14 80 Tramway ........................
⠀⠀⠀1!!
FI
150 A
1321 $108
San Mauricio
13
Suyoo Consol
$8.81
Market Comment.
135
$102
35.90
20
RE
器
PHILIPPINE MINING
AMALGAMATED.
NEWS
MINERALS,
Inc., recently made a second ship- ment of 2,700 tons of copper ore from Bollo, aboard the 8.8. Sagres. one of the ships chartered by this company. This shipment is the $14,90 second of a series which will be made in accordance with forward
$15.40
$12
$34 479
121
c.d
Poak Trima (old)...!
Do. (Dew)... $ Star Ferric
o d
$17
Yaumati Ferries ....
$13,70
Do.
(new)...
180
$184
H.K. Electrica ................ Manso do.
$87 $97 $131 $13.30 3691
$14
$13.00 Chins Lights (old)...
Sandakan Lights .... 129.60 Telephones (old) ... 311.60
Do (now)... China Bases ...8.
contracts.
L. J. HARVEY, president of Mine, Factors, Inc., returned to Manila on the s.s. Luzon last week from a trip to Siquipor, Oriental Negros. Mr. Hargey took over the" com- $29.40 pany's · manganese · property
1.30 Siquijor and made arrangements for early regular shipments of the ore.
$18
-24/.
93/-
Tractions ar Do. (pref.)......
$4/-
Industriala
$16
$17
52
Caldbeck, 1ord.) B.
Macgregors(pref„38,
Chaton Icoa
$10.10 Cementa
Hopes......
Miscellaneous
16.05
1201
Dairy Farmas
15.70
Ch. Etainment.
...
$4.80.
$1.60
Constructions, (old)
1:50 cta
pr-ho.
pre
Do. (W) 60 dia.
15.66 Lane Crawforda.....
12.60
$0.40
977.
Nanyang Tobacco...
Binceres
WATSONS ALTALAMBUT
3. C. Enterprisem Ch.G.$%19236.85da
8% H.K. Cort
4% Loan
Wallace Harper.......
Do
$60
ELK
S'ha
Vibro Piling
(ILK.)
zaje Marsmans Inv. (Lon.)
7.0
Wm. Poweliz
•Sales to Shanghai
3108 z int $101j
LONDON EXCHANGE RATES
Paris....
Genera
Berlin Athens
Milan
Copenhagen....... Stockholm Shanghai
New York Amsterdam
(British Wireless Service),
July 28 132 03/64 217 12.37
July 29
132-53/64
21.671 12.381
94-9/16
***
|
"
of
THE UNION MANAGEMENT
general managers Company, Santa Rosa Mining Company, an- nounce the arrival of C. W. Strine, construction engineer. Mr. Strine le accompanied by his wife.
THE EXCHANGE MARKET
MESSRS. ROZA BROS.
Amoy
Branches: Iloilo Peiping
Bangkok
Ipoh
Penang
Batavia
Johore
Rangoon
Bombay
Kobe
Saigon
Calcutta
Kowloon
Canton
Kuala
Chefoo
London
San FTEL-
cisco
Lumpur Shanghai
Singapore.
Colombo Dairen
Lyons Sourabaya Foochow Malacos Sungei Haiphong Manila_ Patani Hamburg Muar Tientsin Hanko (Johore) Tokyo' Harbin . Mukden Tsingtao Hongkow New York Yokohams
Current Accounts opened "in Local Currency and Fixed Deports received for one year or shorter periods in Local Currency and Sterling on terms which will be The price for Ready Sliver drop-quoted on application. ped 1/16 yesterday but the For- ward rate was unchanged, quotations being 20 and 20 1/16 respectively. Dorted India as having sold. The market was quiet. After the off
Also up to date Safe Deposit the Boxes in various sizes To Let. Hong Kong, 19th May, 1937.
Silver advices re-
clal fixing the market was fea-
tureless
American
Silver WELS quoted at 44 3/4 for Spot.
The London-New York
MARKET
BONG KONG SAVINGS BANK
For the Honɑ KONG & SHANGHAI
-BANKING CORPORATION.
VM GRAYBURN,
Chief Manager." Hong Kong, 1st March, 1997.
During the past three years, Mr. Strine has had direct supervision of the constuction of several gold and silver notation and cavnide plants, ranging from 65 to 300
THE Business of the shove Bank, is conducted by the tons. These included mills for
HONG KONG & SHANGHAI Weepah Mining Company, Weepah,
CROSS-BANKING CORPORATION, Rules Nevada; Aprizona Comstock. Vir rate was quoted at 498.27. New may be obtained on application. gials City, Nevada; Carlyle Min-York-London was quoted at 498- ining Company. California; and 79 3/8"
Lead Silver Mine Hayden, Arizona. From 1927 to 1933, he was super-
Erratic during the early part of intendent and part-owner of the the morning but towards the close California Road Oll Service Com- appeared steady. Rates were prac pany, a road building contractor.tically on the same level as yester- From 1916 to 1927, he was general day except US. Dollars which were foreman and superintendent of slightly higher. construction for the Inspiration Consolidated Copper Company at The market seemed somewhat Miami, Arizona, a subsidiary of the neglected during the early part of of the morning with small sellers at Anaconda Copper Company Montana, one of the largest copper 1/2 29/32, buyers bidding 1/3 producers in the world. Here he 15/16. Subsequently offers at 1/2 had six hundred construction men 29/32 were arranged, for various working under his direction. He deliveries, finishing with sellers at had charge of the erection of the 29/32 August-December, buyers at No.
Leaching 1/2 15/16 for any delivery. Plant, and of the $1,500,000 Power Plant of the International Smelter at Miami. Arizona. From 1914 to
Mr. Harvey reports there are 35,000 tons of the ore already blocked out, with about 4,000 tons ready to be put in bags for ship- 315 ment to European buyers, who 15,20
have bought all the ore that may ci
be mined in Siquijor. These ship-
made direct $26ments will be
Europe:
18.60 $8.80
$5.35
90%
302 $100 $4.90
to
Company's
$6,000,000
Mr. Strine will be the construc-
IN STERLING
U.S. DOLLARS
for cash. The market closed with sellers at 30 15/16 August and probably September and 30 7/8 October, buyers-ht#31 Cash-Sep- tember and 30 15/16 October.
BANK OF EAST ASIA, LIMITED.
15,598,600.00
A
(Peking)
PINANG.
HỒNG TONG BANGĐỒN
FOREIGN EXCHANGx såd: General Banking Business transacted.
CURRENT ACCOUNT opened and FIXED DEPOSITs received for Ons Year of shorter periods at rater which will be quoted ap applica tion.
The Bank's Head Office in Loa dos undertakes Exécutor & Trustee busitas," and claim" `recovery of. British Income Tax overpaid, on terms which may be ascertained, að any of the Agencies and Branches.
R.-W. ROBERTS,
Manager.
THE CHASE BANK
18, QUEEN'S ROAD CENTRAL
HEAD OFFICE:
18, PINE STREET,
NEW YORK.
An American Bank offering com
plate Foreign Banking Service in the principal Markets of the world.
Interest Rates on Application.
This
SAFE DEPOSIT BOXES
Bank la entirely owned by THE CHANS NATIONAL BANK; NEW YORK, with Resources over U.S. $8,500,000,000.
D. M. BIGGAB,
Manager.
| THE YOKOHAMA SPECIE BANIÈ
LIMITED
Authorised Capital $10,000,000.00 Paid-up Capital Reserve and Undivided
Profits ***....... 2,776,726,76 | Capital (fully paid up).
Yen 100,000,000 00 HEAD OFFICE:-Horo 'KonG Reserve Fund... Yen 133,850,000.00
10, Des Voeux Road, Central,
HEAD OFFICE:-YOKOHAMA
BRANCHES AND AGENCIES AT Alexandria Honolulu
Bangkok Hainking Batavia Karachi Esq. Berlin
Kan Tong Po, aq.; Chief Manager. Li Tas Fong, Esq., Manager.
FF
Branches and Agencies :--
Kowloon Penang Boumbaya Loaded Bang
Gastone Bacci and E. L. Little. engineers of the company.who ac- companied Mr. Harvey in the in- spection of the property, were left in Siquijor to take charge of the preparation of
Board of Directors: shipments. The
..Sir Shouson Chow, Chairman Very active. Opened with sel- first shipment will be made during the first week of next month..
ters at 30 7/8 August-September Li Koon Chun, Esq. Li Lan sang, Req.
P. K. Kwok, naq. 1916, he supervised the remodelling with business done at 30 15/18 for Weng Yan Tong, caq. Kan Ying Fu, Esq. WongChuson, baq. THE DOSOC GOLD MINING of the lead and zinc Mill of Nevada August and September and to Company is offering limited andres Yellow Pine Company: and from wards the close 31 was arranged
Chan Ching Shek, Fong PingWah, for subscription to the pubile, it is 1907 to 1914, was engaged in con- announced by the management.struction work in California. The selling of unita has, been in 40 cts. progress during the last three
tion engineer in charge of the in- months, and the company has
stallation of the Mill for Santa been granted a permit to sell its Rosa. Rosa Mining Company. He Ehares by the Securities and Ex-
left Thursday for Camarines Norte. change Commission. Assay reports
SUYC-KAYAN GOLD MINING have been very encouraging.
Co., Inc. has elected new officers: The company is owner of 44 lode Artemio Abaya, president and gen- gold claims at Bocod, Banguet,eral manager; F. C. Hizon, vice- Mountain Province. It is capitaliz-president; D. M. Guevara, secre-
SHANGHAI MARKET. ed at 800,000. The officers of thetary: C. M. Ferreria, treasurer. There were sellers of Sterling corporation are Dr. John E. Man- The directors are J. M. Curameng. | for Spot at 1/2 1/4 and August al ning Butler, president: Mrs. Lufcia Dr. Albino N. Ocampo, Ricardo 1/2 3/16, buyers at 1/2 1/7 17/64 A. Angeles, treasurer: Plo C. Call-Nostrates, and Mrs. Rita Ade and 1/2 13/64 respectively. US
secretary; and Fernando, Feredo. The company has moved Dollars, sellers for Spot at 29 1/3 Leaño. comsulting attorney. J. C. its office to the Tuazon Bidg., 3rd and August at 29 3/18, buyers at Orendain is the general manager.
29 9/16 and 29 1/4 respectively, The market was reported as being quietly steady.
4.97-13/10. 9.013
4.977
9.021
Vienna
Prague
1421
Madrid
NO STABILISATION
Lisbon
OF U.S. DOLLAR
Hong Kong
1/2-21/32
Bombay
Mantresi
4:071
Brussels
29.57
4.977 29.564
Washington, Auz. 3.
218
Yokohama
Belgrade
Monte Video Rio
Bucharest..
'Bliver Forward)
silver (Spot).
"War Loan
On London:-
20
20
34% -100-1/16
Closing Quotations
August 4, 1937.
Telegraphic Transfer. 11/ Bank Bills, on demand Credita, four months'
sight
ON SHANGHAI 5-05
On Demand
are
« 1/2 1/28 -
On New FoRE:— \}
20-1/16 20-1/17 31% 100-3/18
Bank Bills, on demand 30 11/16 Credits, 60 days' sight. 3o 3/10 ON BATATIA-
......551.
Bank Bills, on demand sie Credits, 4 month's sight BLS
On demand
On Paris:
103
ON SALGON
It On demand
On Byndaporn ----
63 9/10
O MANILA-
OF BANGKOK
108
d. On dayand mor
Bats
4. On demand-
On demand
BovenianoBack
BAR BILVER, pre
-BI
|
In a letter to Senator Elmer
floor, Escolta.
| REICHSMARKS
Was
QUOTATIONS
Berlin, Aug. 3.
anoted,
The Reichimark Thomas, advocate of stabilised cur- | without guarantee, ati. rencies, Président F.D. Roosevelt New York, 49.24. - said to-day:
"I am in complete sympathy with your objective with respect to the elimination of unnecessary Auctations in the value of the dol- lar. However, in view of the com- plexity of the international scene at present it would be dangerous to adjust ourselves to any rigid pattern."
Patis, 10725-
Amsterdam, 72.90 to 72.85. London, 12:377-
Paris sterling 132.73 to 132.78. Paris UB. dollar. 26.852 to 26.657. Transocean. News Service.
ourselves at this time to any for malised course of action might well made be premature, and would therefore do even more harm than good at home and abroad,
This letter. which was public, on the occasion at the hear
the Senate Agriculture ing of Committee on the Thomas Bill to "I am sure you agree that sta- establish a commodity dollar," bisation of the dolls will be at adds: “It is doubtful whether the tained not merely by monetary procédure you "suggest will be re- means and devices,
though these warded with the measure of AUC- are nec
but much more by cers we could justly, expect,
lance and the
onni situstion to
SHANGHAT DOLLARN Business was reported at 104 7/8 for Spot The market closed with sellers at 104 7/8, buyers at 105 Spot.
TH
B. K. STOCK EXCHANGE
YESTERDAY'S OFFICIAL QUOTATIONS
The market continued quiet and duli.
The Manila market was steady,
BUYERS
Douglases, $481. Union Waterboats, $9.30. Chinese Estates, 390. Peak Trams. (Old), $5, Peak Trams (New), $21 Star Ferries, $87.
Wm. Powell Ltd., 40 cts. Constructions (New), 50 cts. HK. Goyt, 31% Loan 1% Prem. Wallace Harpers. 85.
Insurance $525%2
Balgon
Bydary. Melbourne Ban Fran- Talhoka Xagazki
Tiantain
Amoy Batavia Bombay
Manila
Calcutta
ripboer
Jackow Honokain Koba
Parla
Potple
New York Sanctio
Bombay Calcutta
Rangoon Bio do
Jansirg Sän
Francisco
Kobe Loudon Los Angeles Seattle Manila Semarang Shanghai
Canton Dairen Moji
(Dalny) Nagasaki Singapore Fengtien Nagoya Soerabaya
(Mulden) Now, York Bydney
Hamburg Osaka
Tientsin
Haskow Otaru
Zakre Bemarsog) VADOMITET Shangha Tokohama Bingspore
Harbin Paris
Rong KongPeiping
Tokyo Tsingtao Yinkos
Interest allowed on Current As-
Fixed
Every description of Banking count
Deposita received for. and Exchange business transacted. Loans granted on approved Periode at rates to be obtained on securities.
w application,
Y. KANO, Current Accounts -- opened -- în Local Currency and Fixed De
Manager. posita received for one year or Hong Kong, 10th March, 1937. shorter periods in Local ad Foreign Currencies on tarms which will be quoted on application. Safe Deposit Boxes To Let
KAN TONG PO.
Chief Manager.
NICKEL PRODUCTION IN CANADA
TRADE COURT PRESIDENT
FIRED AT
Barcelona, Aug. 3.
Numerous shots were fired at Andreu, President of the Catalan VAN DE Trade Court, as his car was pass- OTTAWA, Canada-Indicative of ing a crowded street. Andreu, the rise of Canada in the mining however, was not hurt, though one world, production of nickel in the of the accompanying policemen first four months of the current
was shot. year totalled approximately 72- 000,000 lbs, as compared with near- y 57,000.000 lbs. in the correspond- April established how high Tranévcody News Service ing period of 1936 Production for General Pozas asked the Valen- cis authorities for reinforcements. monthly, record of 20,228,884 188...
In gold. Canada produced 323,- 337 Ane ounces during the month
The assailants, alleged to be Anarchists, escaped, ⠀
of April out of an estimated world | amounting to $1,989,283 production of 2,080,000 ounces. | April as compared with South Afries produced: 982,000 lbs in April, 1938, The où ounces while Canada exceeded the the first four months of output of the United States by totalled I30 403,890 lbs., an increase 5,300 ounces, Canadian gold proof 20.000,00 lbs. over the duction a year ago totalled 299,269 ponding period of 1936.- Canaan 'e ounces BASED
production in April-represente Canada 10.04 per cent of the world produc
Production of copper Ikewise showed a“ stesd
tion