12
DAILY SHARE QUOTATIONS
Hong Kong Stock
· Exchange
Sharebrokers'
Association
མམ།་་
Sales No||
THURSDAY. AUGUST 5.
Boys
Ballore
Banka
$1,910) e d
H.E. Banks
o d
$1,935
Do (London)
x.d
81111
214
Chartered Banks
£142
£331
Mercantile Bks. "A“
***
£33+
4th Aug.
£15
Do.
210
B.
15...
$101
Bank of East Asia
$99
N. O. & S. Barks
Closing 0.49
Rates
15
Insurances
$300
Canton Insurancer..
#997
Antamoka
76
75
76
76
$625
Union Insurances"....
1692
Atoke
201
19
21
20
Underwriters
5220
H.K. Fires..............................
$280
Baguio Gold
... 19 19 18
19
13
International Aurce, S.
Benguet Consol
10.00 10.95 10.00 10.23
Shipping
Benguet Explor
... 8 10
8 10
48)
Douglases...
148
18+
Sbomb
Big Wedge
14
...14 18
14
15
Indo-Chinas (pref.)
$51
Coco Grove
50
48
52
50
Do.
(del.)
Consol Mines
"
.019
.018
08
019
H
113/1 Shell
113/
$9.30
Waterboati
$9,30
Demonstrations
46
45
46"
cr
Mining
E. Mindanao
18
18
17
21/-
Kailang
21/-
G. Goldfields
19 ie, n}
12
Raubs
311.45
Venezuela Gold Flax.
So
Itogons
35
5-4 56
E
$119 $31
135₤
$100
EU eta.
Docks, Wharves,
Godowns, ats.
H.K. & E, Wharves.
Providents (ok) ...
Do.
$32.65 H.K. & W. Docks $168 Shangrai Docks 9.
$3)
$6.90
New Engineerings N.
Lands, Hotels, and
Buildings
Hntain H.K Lands.......8.
I. X. Le
62
$2
63
04
..69
83
HONG KONG DAILY PRESS, FRIDAY, AUGUST 6, 1937.
H. K. STOCK EXCHANGE
AND
H. K. SHAREBROKERS' ASSOCIATION
Gold Mining Quotations
Philippine Gold Mining
5th August, 1937
Time Received clos.
clos,
9.49 10.15 11.38 2.37 3.09 3.47
75
70
BANKS
HONG KONG AND SHANGHAI | THE CHARTERED BANK OF INDIA
BANKING CORPORATION
Authorised Capital ... $50,000,000 Issued & Fully Paid-Up 890,000,000 Beserve Funds ---
Sterling
Hong Kong Currency
Reserve
Reserve Llability" of
..£6,500,000
AUSTRALIA AND CHINA Incorporated by Royal Charter 1853
HEAD OFFICE: LONDON: 38. Bishopsgate E.0.2.
.....$10,000,000 Paid-up Choltať.
Reserve Fund .$90,000,000 || Reserve Lablity of Pro
prietors...
Proprietors ...............
Head Office:~HONG KONG
!
Board of Directors.. G. Miskin, Esq.,
Hos. Mr. M. T. Johnson,
Chairman.
Deputy Chairman,
J. K. Bousfeld, Esq.,- A. H. Compton, Esq., .S. H. Dodwell, Exq.,
J. R. Masson, Es
K. S. Morrison, Esq.,
Hon. Mr. J. J. Paterson,
T. E. Pearce, Esq.,
"A. L Shields, Esq.,
Sir Vandeleur M. Grayburn,
Chief Manager:
................ £3.000.000 $3.000.000
*******• £3.000.000
MANCHESTER REANCH:
71, Mosley Street, Manchester.
AGENCIES AND BRANCHES:
ALON STAR ILOILO AMRITSAR IPOH
BANGKOK KARACHI BATAVIA KLANG
SAIGON
BEMARANG
KEREMBAN
BHANGHAI
BOMBAY
KOBX
BINGAPORE
CALOUTTA KUALA
*BITIAWAN
CANTON
LUMPUR
BOURABAYA
CAWNPORK
KUCHING
TAINING
MADRAS
TIESYSIN
COLOMBO
MANILA
TONGEAN
DELKI
MEDAN
KAIPHONG
INW YORK
KAMBURG, PRIPING
HANKOW (Peking).
(Bhuket)..
TRINGTAO YOKOHAMA
(DOW)
!!!!
#8.20
150 01.
$118
Masbates,"
Min. ResourcBA Northern Mining
Paracale Gumaus
+
184
15 16
15
171 19 17.
18
Amoy
4b41 371
Bangkok
Batavis
Iloilo Ipoh Johors
, 28
Bombay
Kobe
Peiping Penang Rangoon Saigon
the
1321
San Mauricio
09 1.001.05
1.00 1.00
Calcutta
Kowloon
$108
$3
Suyoc Consol
25
241
951
Canten
Kuala
Chafoo
Lumpur Shanghai,
United Paracales
65
84
60
65
Colombo
London
Dairen Lyons
$6.85
Market Comment.
$
Q Q
$
S
VD
S
-135
Haiphong Manila.
Do. 47 Debentures
3102
111
Shanghai Lands...8.
Hamburg Muar Hankow
Patani Tientsin
17
Matropolitan Landı..
16.10
H.E. Roufties.......
36.90
China Do
100
Do. DebenturesS.
Humphreys
39
190
Chincse Estates.................
Cotton Mills
1151 $110
Ewos
Bhat Cottons(old)S.
Do.
nar
134
Zoong Sing" .......
IR
Wing On textiles(m.):
Ewo Cotton Rts. S.
Pabits "Ulities
$14.80] TeamwKYN
315.45
$19.
$34
179
181
$144
Posk Trama (old)...| 15
321
Do.
(DO)... $1
Star Forries............
x d
$17
Yaunisti Ferries
$13.90
China Lights (old)......|
$13.70
Do.
(ROW)...
160
1181
Macao do.
H.K. Electrica
Sandakan Lights ...
$99.60 Telephones (old)
18
Tractions TEATERKAN
$11.60)
$18
Do. China Buses............
(new)
S.
241-
23/
Do. (prefera
$16
Industriais
Caldbeck, Lord.) 6.
$17 Macgregors (prof.)8.
$9
Canton Ices..
$15.10 Comments
Miscellaneous
Constructions, (old)
Do.
; 2
*:*
185 397 $13 113.30 $59]
Preparing For The Next Slump
Industrial Survey
When trade slumped in 1831 the
Socialist Government crashed with it and the National Government was born. For months Mr. Neville Chamberlain has been urging his experts to do all they can to avoid a repetition of that catastrophe, A few days before he left the Presidency of the Board of Trade Viscount Waiter, Runciman set the Cabinet thinking by reporting: 129.40 It may be that the armament programme will be completed more quickly than we had anticipated, but when it is completed it will leave a gap, and if my advice ever reaches the ears of those who are engaged in these great industries I want to see preparations made for the lllng of the gap."
$:1.30
50/-
3
15
(8.05
16,20
Boper
$261
Dairy Farrux
1262
16.20
Ch. Etainmou
$4.80
$1.60
111
50 cts
new) 30.ota.
30.05
Laue Crawford.....
Nanyang Tobacco..
32.60
Sinceres.........
$5.40
Watson
38.60 38.80
$21 $5.35
S. C. Enterprises...
97
Ch.G.6X1995G.3 Bds.
#6%
prem 8%
H.K. Goyt, 4% Loman] $1080] x int.
prem
Do. 31%
$101
Wallbe Harper ................
$20
ELK Wing Oo
S'hal Da
14)
Vibro Filing
$85 $100 $4.90
(HK)
Paris
24/3 Marsmans Inv. (Lon.)
7.6
Wro. Fowells 40 oté,
•Sales to Shanghai
LONDON EXCHANGE RATES
Geneva
Berlin
Athens
Milan
Copenhagen
Stockholm ...
Shanghai
(British Wireless Service)
July 28
132 63/64 217
12.37
July 29 132-53/64 21.673 12.361"
94-9/10
New York
Amsterdam.
4.97-13/16 *8.017
4.971
9.023
Vienna
1427
Prague
Madrid
Lisbon
Hong Kong
Bombay ..
Montreal ... sha
Brussels
#4.071 29.57
1/2-21/32
4.972
29.564
Yokohama
Belgrade
-210
Monte Video
Rio.....
Bucharest
Bilvet Forward) ...
20
Silver (Spot)
20
Wer Loan
En Legnog:
31% 100-1/16
Closing Quotations
August 5, 1937.
Telegraphic Transfer... 11/
Bank. Bills, on demand 13/16 Credits. four months*
1/a 1/16· Snight
ON SHANGHAI↓ ——
20-1/16
20-1/17
זין
31% 100-3/16
On New York:~~~
Baak Bills, on demand 3011/16 Credits, 60 days' sight 3 3/16;
ON PARIS:
103%
529/18
„On · Batavia im
On demand
Bank Bills, on demand 818 1. Oredita, 4 month's sight 889
ON BA By: On domnod
551
811
On demand
108:
O BINGERE
On demand
On Demand
OF SINGAPORE:
On demand
SÖVERNDER® Book
BAR RIEVER, DAC D
4)
According to expert calculations, hard times will loom up by 1942. by which time the arms proTM gramme will have been finished. By that time, too, the rest of the world will have been armed to the teeth and depression will once more appear."
Industrial Survey.
of Industry. Deeply concerned are the authoritles at the increasing growth of the size of London Military experts have warned the Cabinet of the growing size of the target at the disposal of invading hostile aircraft.
THE EXCHANGE MARKET
MESSRS. ROZA BROS.
Sliver Ready
was unchanged yesterday but the Forward rate dropped 1/16, the quotations be ing 20 for both deliveries. Silver advices reported India as having sold. Speculators bought. The By a simple process of legisla- | market was quietly, steady. Ame- tion this problem could be solved,rican Silver was quoted at 44 3/4
the strategists. Indus- for Spot: argue trialists planning new works in the The London-New York cross- Bouth would be required to de-rate was quoted at 498.07. New monstrate the necessity for their York-London was quoted at 198. industry being in or within 50 miles radius of the Metropolis. Foreign firms would have to go where the Goverment thought their factories were most required.
The trend of industry to move South could be arrested by this means, and no longer would the great industrial areas in the North of England and Scotland be left bare and derelict.
Home Production Of Food
MARKET
Opened uncertain but subse- quently the market appeared a the market reacted slightly. clos shade easy. Towards lunch time ing on the steady side.
IN STERLING
Opened with sellers at 1/2 29/32, buyers bidding 1/2 15/16 resulting in business at 1/2 29/32 for various deliveries. The market closed at p.m. with sellers at 1/2 29/32 It was assumed that this sug-August-December,, buyers at 1/2 gestion had been welcomed by the 15/16 for any delivery. Government, and stronger still were rumours of plans for a survey of roads, railways and air com- munications of Great Britain; for the further electrification of the main Unes and development of to
better and wider roads for motor Mr.traffic.
As part of his five-year Plan
economic disaster, avert Chamberlain set Government ex-
to work on an industrial perts
offi survey. Recently Treasury cials were already contacting vari- ous universities and economie or ganisations. In this grand drive to ascertain the actual and poten- tai wealth-creating possibilities of the country, the Commissioners for the Special Areas in England and Scotland will take Wales
and part.
With the problem of stimulating home production of food, the Chamberlain Ave-year Plan is" also: concerned. On this point, it was disclosed, much discussion had ne- curred at the recent Imperial Conference. Especially were the Dominions urged to develop their secondary Industries so that there could be an exchange of other kinds of goods besides edibles. For approved schemes of ration
It is rumoured that arrange-alisation with a view to cheapen
ing production, the Government ments are almost completed for a Royal Commission or special com- will be prepared to render Gnancial mittee to deal with the location assistance.
NOVEL LIFEBELT -
Heat-Giving And Luminous
A new pneumatic life-saving belt, designed by Bignor. Clello Monaco of Velletri near Rome, will be, shortly adopted by the Italian avy and Air Force for use in submarines and seaplanes. The life-belt is based on a system of air cushions and it is easily slip ped over the neck and buckled round the waist.
REPORT ON OIL STRIKES
Mexico, Aug. 4.
San Frau-
cisco
Singapore Sourabaya
Foochow Malaco Sungei
(Johore) Tokyo Mukden Tsingtao
Hongke New York Yokohama
S
Current Accounts opened in Local Currency and Fixed Deposits received for one year or shorter periods in Local Cafrenny and Sterling on terms which will be quoted on application.
Also up to date Safe Deposit Hong Kong, 19th May, 1937. Boxes in various sizes To Let.
·HONG KONG SAVINGS BANK
HARBIN
PENANG
HONO KONO BANGOON
FOREIGN EXCHANGE and General Banking Business transacted:
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or shorter periods at rates which will be quoted on applica tion.
The Bank's Head Office in Loa don undertakes Executor & Trustes business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained, at aus of the Agancies and Branches
B. V. ROBERTS,.
Manager.
THE CHASE BANK
15. QUEEN'S ROAD CENTRAL HEAD OFFICE:
18, PINE STREKT,
NEW YORL
world.
plate Foreign Banking Bervice THE Business of the shore An American Bank offering con-
Bank is conducted by the
in the principal Markets of the HONG KONG SHANGHAI BANKING CORPORATION, Rulen may be obtained on application.
For the Hong Kong & SHANGHAI
BANKING, CORPORATION.
3:
V. M. GRAYBURN,
Chief Manager: Hong Kong, 1st March, 1937.
BANK OF EAST ASIA, LIMITED.
Interest Rates on Application.
SAFE" DEPOSIT BOXES.
This Bank is entirely owned by THE CHASE NATIONAL BANK, NEW Yoax, with Resources over U.S. $2,500,000,000.
D. M. BIGGAR,
Manager.
LIMITED
Authorised Capital ...$10,000,000.00 THE TOKOHAMA SPECIE BANK Paid-up Capital 8,598,600.00 Reserve and Undivided
Profits
2,770,725.76 Capitai (fully paid up)
Yen 100,000,000 ON Reserve Fund... Yan 138,850,000.00
HEAD OFFICE:-Hoxo Koxa No. 10, Des Voeux Road, Central.
*
Board of Directors:—
GS, DOLLARS.. Business was done early in the morning at 30 15/16 for September followed by transact is at the
Bir Shouson Chow, Chairman same rate for August and Caan. 30 7/8 was also arranged for Oc- tober and September. The market Li Koon Chun, Paq. Li Lan zang, Esq. P. K. Kwok, sq. WongChuson, Lag. closed at 1 pm. with sellers at 30Wong YanTong,caq. Kan Ying Po, Esq.
Fung Ping Wak 7/8 August-September and prob- Chan Ching Shak
Eng. ably October, buyers at 31 for cash and 30 -15/16 September-October..
SBAAI DOLLARS
Business was reported at 105 1/# for spot. There were sellers at 105, buyers at 105 1/4 for Spot.
BHANGHAI MARKET
IRAD OSZICE:-YOKO
BRANCHES AND AGENCIES · ÁT?" Alexandria Honolulu Hsinking Bangkok Batavia Karachi Eaq.Berlia
Kobe Bombay London Calcutta
Kan Tong Po, Esq., Chief Manager. Lá Too Fong, Esq.; Manager.
kmoy
Bombay Daleatis
Bonokin
There were sellers of Sterling toz Spot at 1/2.1/4. August 1/2 9/64, DO September 1/2 1816, buyers at 112 17/64, 1/2 8/32 and 1/2 3/32 res- pectively. US. Dollars, sellers at
29 1/2 for Spot, and September 29 5/32. buyers at 29 17/92 and 29 1/32 respectively. Quiet.
afternoon.
Branches and Agencias ---
Kowloon Pining Bourabaya
Kangoon Bellew
London
1: Manila
Balgon
Sydney Meboorna a Fram. Tulioku Xagnak!
Omka
moon Total
Tokya Bemarwagt Yangover Shanghai - Yokohama
Peplar Singapres
Bangoon Rio do
Janeiro
530
Francisco
Los Angeles Seattle Canton Manila Semarang Shanghai
Dairen.
(Dalny) Nagasaki. Singapore
SDCTEDAYA
(Mukden) New York Sydney
Moji
Fengtion
Nagoya
Hamburg Osaka
Enakow Otaru
Harbin Paris
Tientsin
Tokyo
Tsingtao
Hong KongPeiping Yinkow
Interest allowed on Current An counts.
Every description of Banking
received for Fixed and Exchange business transacted. Deposits
oa Approved Perioda at rates to be obtained ca Loans granted
application. securities
Y. "KANO, Current Accounta opened in Local Currency and Fixed De
ولی
Manager.
IN THE AFTERNOON The market was steady in the posits received for one year or Hong Kong, 10th March, 1937.
and shorter periods in Local Foreign Currencies on tazma which will be quoted on application. Safe Deposit Baxm To Let." EAN TONG PO.
Chief Manager.
IN STERLING ...!!. Some business was reported at The report of the board appoint-1/2 29/32 for forward delivery. ed to inquire into the Mexico oil finishing with sellers at 1/2 29/32 strikes states that, after close In-August-November, buyers at 1/2 vestigation, it has been decidea 15/16 for any delivery. that the economic position of the operating companies can stand further increases of wages to em- ployees and a reduction in hours or work.
Many thousand men are affected by the strike, and the chief.com-
It is infated by blowing into it, but the person wearing it will float panies concerned are foreign-own-
ed.
in the water even before doing so
as it is made of buoyant material. Rester.
Its main advantages are that it
automatically brings up the wearer
to the surface from any, depth, and Ity. It contains a cordial and food that not only the head is kept out in two water-proof pockets, easliv
of the water but a horizontal post-accessible to the wearer, and it fa-
U.S. DOLLARS, The market closed with sellers at tember-October, buyers 30 15/18 August and 30 7/8 Sep¬ August-September and 30 18/18 October,
at
FRANCO'S SOCIAL REFORM
Canadian Publications
HK STOCK EXCHANGE
YESTERDAY'S OFFICIAL QUOTATIONS
31
Show Marked Increase
Montreal From the time the
market was quiet but directory of Canadian pub- lications appeared in 1892 until the steady. Enquiry tended to revive. In Mantis rates were maintained: publication of the 30th edition..
The.
BUYERS
just off the press, Canadian pub-in a dull market. leations have increased trom a total of 1933 to 1797.
San Sebastian, Aug. £. In 1892 there were 97 daily The Governor of this city has is- } newspapers, to-day there are 117. tlon can be taken and kept in diates heat which will keep nor sued a decree drawing the atten-Weeklies have grown from 603 to definitely by the wearer 11, as often mal the temperature of the tion of the general public to the 1008, semi-monthlies from 20 to 67, happene, he is too exhausted to wearer's chrst and thus avert his social reform measures of General and monthlies from 217 to 454. death from exhaustion by over-ex-Franco, among them a betterment There are 31 publications, each of swim, so that the oating of per
of the position of the workers, which is 87 years old or more,” soris wearing it is assured in any posure to the cold
the advantages of the new Ita- which is to be regarded in the
ave been tested in supreme duty of every employer."
Bevere: penalties will be enforced and violation
cat
The oldest newspaper in Canada Is the Chronicia-Telegraph of Que bec, founded in 1764. The only other survivor from the 16th cen
ury is the Montreal Casette, with a career which dates back to 1778
H.K. Bank, $1910 Cum. Div. Douglases, $48),
Union Waterboats, $9.30. Chinese Estates, $90: Peak Trams, (Old), $S. Peak Trama (New), $2).. Star Ferries, $35. X. Div. Way Powell, Ld. 40 cts. Constructions (New), 50 HK Govt 31% Loan, 1%
Union Insurance, $625,