12
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Sharebrokers'
Association
SATURDAY,
Buyane
Salat Noastral
layını
Solart
W pralai
AUGUST 7.
iiiii
***!!!!
I d
1119
#21
Lianka
H.K. Bin
eo eta,
Docks, WharvGS,
Godowns, etc.
HK & K, Wharton.
Providenta (okl}
$39.85 H.K."& W. Docks... $108 Shangnai Docks 9. 8. New Engineerings
$3)
Do.
(new)
*
HONG KONG DAILY PRESS, MONDAY, AUGUST 9, 1937.
H. K. STOCK EXCHANGE
AND
H. K. SHAREBROKERS' ASSOCIATION
Philippine Gold Mining Quotations
$115
89.20
Min. Resources
Paracale Gumaus
46
יי
49
34
$1,910
€1
Do. (London)
કચે x d
$1,910
H
El
Chartered Bank...
233
Mercantile Bks. "A"
814
7th August, 1937
£10
Do."
£15
$101
Hans of East Asia....
399
N. U. & S. Barks ....
8th Aug. Closing Bates
B.
3.
Time Received clos
10.08 10.08 10.93 11.19
304 2.42
clos,
3.45
$2+
Insurances
$700
Canton Lugars 1891..
#207
Antamoki.
76
77
TB
Union InsuranOUS
$800
Underwriter
Atoks
...
0
201
211
21
19
$180
H.K. Firear
$80
Baguio Gold
181
104
194
ง
international Asson, Ù.
Benguet Consol
10.00 10.25 10.00
10.25 10.25
Shipping
Douglas LATIN
1484
Benguet Explor
3 10
8
10
Steambata
Big Wedge
14 15
10 15
18
131
Indo-China (pret)
113/9
Shell......
Do. (dat.)
Coco Grove ...
50
18
142
Consol Mines
012
018
.09
.02
113/9
$9.30
Waterboats
39.30
Demonstrationa
16
47
47
Mining
E. Mindanao
18
10
17
161
20/8
Kailans LEKTURONAL
20/0
G. Goldtelds
12
Lj
191
12.
FIL
Raube
311.65
$5
Venezuela Gold Fida.
101
Itogons
58
$7
38
30
LX. L
63
24
66
BA
60
6
68
Masbates
154 151
17
18
165
17 18 U 17
18)
18
Northern Mining
47 52 t
[50 0'4.
274 23
30
201
32
$321
$106
San Mauricio
1,00
09
1.00 1.00
1.03
$3
Suyoc Consol
25
20
+
25+
25
28
Lands, Hotels, and
United Paracales...
$6
85
87
B.S
50
Hai dings
$8.90
H.K. Hotels. *****
38.63
Market Comment.
S
S 8
F
VF F F
8
$35
B.Kanda..........
$35
SUNA
Do. 4% Dobentures
1102
11
Shanghai Lands....
***
$7
€0.10
H.K. Realties.......................
$5,90
31
$60
Do. Debenturess.
Humphreys
30
Uhinese Estates..........
Cotton Ma
$15) $IG
$13,45 $116
(DOW).
$34
Zong Sings.5.
31+
$34
(80)
Wing On Textilem(N.)},
$78
Ewa Cotton Rts. Si
***
$1,00
Public Utilitiqu
x de
114.60 Tramways ..............
I'd
35
Poak Trim (old)... 15
32
Da
(new)... $2
I d
d
Star Ferries *******
$7
Yaaniati Forries -
385 587 $13
$13.70
Da.
(now)...
160
H.K. Elootrics...
118
Macao do.
1141
Saudakan Lights ........
$20.00
$11.60
Telephones (old)...
Do. (now)
$121
China Busos.
24/-
Traction
SIA
237-
Do." (prof.) ker
Industrials
$10
Callback, jord.) 8.
$17
Macgregors prof.)S.
Canton Ioes
42 318 $5,20
PA!
ii
00 cu
: :
บ
Metropolitan Lands.
S'ha: Cottons(vld)5.
1
$13.90 China Lights (old)........
"
12
$15.10 Cemonts
3261
Kopen........
MiscellaneoUS
Dairy Farmi
76.20 Ch. Eainmente...... $4,80 $1.60 Constructions, (old))
Do.
18.65 Lane Crawfords.....
Nanyang Tobacco...
(DOW)
ILK. Gott 4% Loans $1061 x int
12.60 Sinceres ................
$5,40
Watsons
8. C. Enterprises...
97.
ChG.521925G.2 Bds,
prem. 8%
prem
Do.
Wallace Harper
$50
H.K Wing On
S'hal No
546
Vibro Biling
281.
Maramans Iry. (Lon.)
7/0
Wm. Powells
(H.K.)
$1014
$14,
PHILIPPINE MINING
NEWS
During the month of July satis- factory progress on the properties of the organizations allied to Opisso & Company. Inc. were.fe- ported by J. S. Baker, corisalting engineer, of the firm.
The mineral land survey on the Suyoc Slide Syndicate properties was completed and submitted to the bureau of mines for approval. 113.30 Surface prospecting continued on
$591
the surface of the property where assays ranging from P1.40 to P7.40 $28.10 were secured on exposures ranging
1.30 from 6 inches to 5 feet.
$261
ik.
[40 ctm.i
$8,50
$9.80
-12
3.35
$1
96%
+
•Sales to Shanghai
LONDON EXCHANGE RATES
(British Wireless Service)
Parla
Omeva
Berlin
Athens
Milan
Copenhagen
Biockholm
132-55/64
21.704 12301
August & 130-53/64
Aug. 7
12.37€
941
94-11/16
4.98-11/16 9.04.
Shanghai
New York
4.981
Amsterdam
9.031
Vienna
Prague
1427
143
Madrid
Lubon
Hong Kong
Bombay
Montreal
4.08-1/16
Brussels
29.681
Yokohama
4.981 29.81 1/2
Belgrade
Monte Video Rio
Bucharest
Bliver (Forward).
Bliver (Spot)
War Loan
DA LONDON
20-1/16 20 #
34% 100-3/16
Closing Quotations
August 7, 1937.
Telegraphie Transfer... 119
Bok Bills, on demand
Credita, four months'
On Naw York:—
.85
3100
$4.90
Bank Bille, on demand 3011/10 Credits, 00 days'- night. 32 3/16 Om Batavia fina" On denisnd
·ODJ
Bank Bills, on demand 813 Oradits, 4 month's sight 669 Ox: Baldo gn On demand
13/IS
ON PARIB
sight*****
1/2 1/16
OM BANGHAL-
On Demand
1031
OW SINGAPORN: -
On demand
52 dis
108:
On demand
On demand
KamOn' damaz
BAN HU
BI
The 3800-foot level cross-cut tan- nel advaned to 297 feet. Several local fault zones"were encounter- ed. The broken condition of the ground is slowing the progress. Some pyritic zones were cut dur- ing the month and assayed as high as P4.00. The rains have not affected the road materially so that supplies have been re- gularly transported to the pro- perty.
During the month 'San Mauricio- Luklukan properties have been
China's Industrial
Requirements.
Paris, Aug. 7..
"My country wants peace but 1 It is attacked it will defend itself to the last," stated the Chinese Finance Minister, Dr. H. H. Kung, yesterday.
Donald prospected by further MacLaren, acting superintendent. Some interesting features have been disclosed due to this work and trenching is proceeding.
the
The indicated average" on 500 feet vein, length so far proved
approxi group is on the Tabas mately P23.00. Pending the deci sion of the board of directors on alternate programs suggested by Opisso & Company, Inc. engineers. this section of the properties is not being worked.
141
THE EXCHANGE MARKET
MESSRS. ROZA BROS.
August 7.
Ready Suver was unchanged yes- terday but the Forward rate rose 1/16, the quotations being 20 and 20 1/18 respectively. Silver advices reported India as having bought. The market was very quiet.
American Sliver was quoted at
44 3/4 for Spot
The London-New York cross-rate was quoted at 498.32., New York- London was quoted at 498,1/2..
MARKET
Opelea uncertai but *sub- sequently eased off owing to some demand. Towards the close the
market reacted' slightly.
IN STERLING
The Fotot Group of the Paracale Consolidated Venture, soon to be incorporated as the Paracale Apex: Mining Co., Inc., has disclosed further interesting information. The shaft has reached a depth of 151 feet and temporarily discon-1/2 7/32. buyers bidding 1/2 7/8 tinued. Drifting on the vein on the 113 foot level was started dur-
ing, the month and approximately 50 feet of drift has thus far been completed. This drift is blocking out cre as it proceeds: Values ap-' peared to be spotty but strong those last reported being P84.00 scross the vein.
New Economic Ordan In France
BANKS
HONG KONG AND SHANGHAI
BANKING CORPORATION
Authorised Capital ........... $50,000,000 Issued & Fully Paid-Up $20,000,000 Reserve Funds:-
Sterling
.....................£8,500,000
Hong Kong Curtoney
Reserve MAD Reserve Liability of
Proprietors
THE CHARTERED BANK OF INDIA AUSTRALIA AND CHINA Incorporated by Royal Charter 1953
.
HEAD OFFICE: LONDON: 38, Bishopsgate EC2.
$10,000,000 | Pṣld-up Capital....
Reserys Fund $20,000,000 Reserve lablilty of pro-
Head Office:-HONG KONG
Board of Directors, G. Miskin, Esq.,
Chairman.
Hou. Mr. M. T. Johnson,
Deputy Chairman.
J. K. Bousfeld, Esq., A. H. Compton, Esq.,. S. E. Dodwell, Esq.,
J. R. Mason, Esq.
K. S. Horrison," Esq.,
Hon. Mr. J. J. Paterson,
T. E. Pearte, Esq.,
AL. Shields, Esq.,
Sir Vandeleur M. Grayburn,
Chief Manager.
Branches:-
floilo Peiping
Penang Rangoon Saigon
Amoy
Bangkok
Ipoh
Batavia
Johore
Bombay
Kobe
Calcutta
Kowloon
Canton
Kuala
Chefoo
Lumpur Shanghai
Colombo
Dairon
San Fran-
Disco
London Singapore Lyons Sonrabaya Foochow Malacos Sungei
Pataui
Haiphong Manzila Hamburg Muar Tientsin
(Johore) Tokyo Barbin
Mukden Tsingtas Hongkow New York Yokohama
1.
Current Accounts opened in Local Currency and Fixed Deposits 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, 19th May, 1937..
HONG KONG SÄVINGS BANK
T Bank is conducted by the HE Business of the above HONG KONG & SHANGHAI BANKING CORPORATION, Rules may be obtained on application,
For the HosG KONG & SHANGHAI
BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager.. Hong Kong, 1st March, 1937. ·
The market opened with sellers at-BANK OF EAST ASIA
for forward delivery. Subsequently business was done at 1/2 27/32 for
forward and near. finishing with sellers at 1/2 27/32 August and 1/2 13/16 September-December, buyers at 1/2 7/8 August October and 1/2 27/32 November-December.
U.S. DOLLARS
Opened with sellers at 30 13/16 for August resulting in business át 30 13/16 for September and 30 3/4 October. The market closed with sellers at 30 13/16 Cash, 30 3/4 August-September and 30 11/16 October, buyers at 30 7/8 Cash, 30 13/16 September-October' and 30 3/4 November.
קי
Paris, Aug. 7.
4 SHANGHAI DOLLARS The French Ministry of Trade
Business was done at 104 1/8 and is said to be planning a series of measures aimed at curbing the104 1/4 for Spot. There were sell- ers at 104 1/8, buyers probably at dumping of unrestricted 'cate-
104 1/4 for Spot. gories of imports into France, Dr. Kung said thaf in the many as well as the increasing tariff countries in which he had been rates on a number of restricted travelling lately, he had received commodities, which, in the opinion numerous expressions of friend-qf ocial French trade circles, are | ship ́and sympathy.
being imported into France in quantities far in excess of the stipulated quotas.
Talking of his negotiations in London he stated that the Chinese Government, which needed funda In order to carry out its economic programme, had arranged for the Issue on the London market of three loans, including conversion loan.
There was absoultely no connet- Lion, he and, between these bans and the preset. developments in the Far East.
Dr. Kung stated that his mis- sion to London had been of a purely
economie nature. for China's industrial requirements were great.- Tranioccan News Service.
U.S.-SOVIET
TRADE PACT
Business circles In Paris are inclined to see in this Government action against excessive Imports of certain commodities, the first phase of the new economic order conceived by the Chautemps Ca- binet and its Finance Minister, M George Bonnet.
It is held that the growing de- ficit in the French trade balance calls for immediate action in this direction.
A
RESTRICTION OF FOREIGN IMPORTS Moreover, in this way the French Government hopes to give a dilip to domestic production, partico- larly in the sense of protection of French industry by restricting imports./
..
On the other hand, the Govern- ment has not yet disclose any of Washington, Aug 6. ita plans for protecting the do-
A new commercial agreement,mestic market, although it is get=". whereby the United States for the erally presumed that it has plans first time grants Soviet Russia for extension of the quota system most favoured nation treatment, to include all those commodities has been proclaimed by Prendent which hitherto have not been sub- F. D. Roosevelt.
Jested to restriction- Trinspicean. Naus Service.
In return the Soviet agrees to buy at least $40,000,000 worth of American products in the forth. coming year. This is $10,000,000
SHANGHAI MARKET There were sellers of Sterling for Spot at 1/2 1/4, buyers at 1/2 17/84 U.S. Dollars, sellers at 29 17/32, buyer at 29 9/18 for Spot. The market was quiet.
H. K STOCK EXCHANGE
#1
SATURDAY'S OFFICIAL
QUOTATIONS
The market WRS quiet and steady.
The Manila market continued firm at higher prices, BUYERS
Douglases, $48 Union Waterboats, $9.30. Chinese Estates, $90. Peak Trams" (old), $5. Peak Trams (new). 42). Star Ferries, $851 X.DIY, Wm. Powell, Ltd., 40 cts. Constructions (new), 50 cts.
E. K. Govt. Loan 31%, 1% Prm. Wallace Harpers, $5,
SELLERS
Union Insurance, $625."
TREASURY BILLS
London, Aug. 6 The total amount applled for in more than Russia agreed to pur-be the chief Russian product to be tenders for £45,000,000 Tressury chase under the expiring tradé nent from the extension of the bills was £97,040,000. The average agreement.
most favoured nation treatment rate per cent for bills at thres but the quantity of imper om months was 10/4.80d, against 10/ Russia is restricted to 400,000 to 6,01d a week ago ---
British Wirelen. Bauter
It is expected that coal, on which a special tax of ten cents per hun- dredweight is levied at present, will
LIMITED.
Authorised Capital $10,000,000.00 Paid-up Capital ......... Reserve and Undivided Profits......................
No.
prietors
23.000.000.
· £3.000.000
$3.000.100
MANCHESTER BRAŃCH: 71, Mosley Street, Manchester.
BIGON
AGENCIES AND BRANCHES: ALOE STAR ILOILO AMRITSAR ПРОД
BANGKOK
BATAVIA BOMBAY CALCUTTA
CANTON CAWNPORE
CELU
MIMARANO
KARACHI
SKLENBAN
SHANGHAI
SINGAPONS
KLANG TORE KUALA
· LUMPUR
KUCHING
MADRAS
·COLOMBO
MANILA
DELEI
MEDAN
HAIPHONG EU TOAN
HANSURO
HANKOW
HARBIN
PELFING
SITIAWAN
BOURABAY &
TAIPING
TONGKAR
..(Bhukat)
THINGTAO
TOKOHAMA
(Faking) meteoGAFOA PENANG
HONG KONG RANDOUN
FOREIGN EXCHangs and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED LAPORIT received for Ons Year or shorter periods at rater which will be quoted on applica tion.
The Bank's Head Office in Lon don undertakes Executor & Trustee business, and claims recovery of “ British Income Tax overpaid, on terms which may be ascertained. s any of the Agencian and Branches
B. W. ROBERTS,
Manager
THE CHANK BANK
18, QUEEN'S ROAD CENTRAL
HEAD OFFICE:..
18. PINE STREET,
NEW YORK.
An 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 CHASE NATIONAL BANK, NEW"- YORK, with Resources over U.S. $2,500,000,000,
D. M. BIGGAB,
Manager.
6,398,600 00 | THE YOKOHAMA SPEGIE BANK
$,778,796.76
HEAD OFFICE-HONG KONG ···
10, Des Voeux Road, Central,
Board of Directors:—
Sir Shouson Chow, Chairman Li Koon Chun, Esq. Li Lan zang, Esq. Wong ChuSon, kaq. P. E. Kwok, aq. Wong YunTong, q. Kan Ying Pag. Chan Ubang Shek rungPing Wah,
Esq.
1
M
A
Esq.
Kan Tung Po, Baq, Chief Managor. Li Tse Fong, Esq., "Manager.,
Branches and Agencies
LIMITED
Capital (fully paid up)
ܐ ܂܂
Tên 100 000,000 DO Beserve Fund Yen 132,850,000.00
***
་
HEAD OFFICE :—YOKOHAMA
BRANCHES AND AGENCIES AT: Alexandria Honolulu Bangoon Bangkok sinking. Rio do Batavia Karachi Berlin Kobe
'Loudon
Bombay
Janeiro Ban
Francisco
Calcutta
Los AngelesSeattle
Canton
Ans.
Amey
Kowloon
Persny
Bombays
Dairen
Muji
Semarang Shanghai
Bateria
Zenden
RABOOG
Swatow
Manila
Salgón
Bydney
Melboome San Fran». Wagamazi New York - Baszzle Deka
Tahoku
Fengtion Nagoya
Soerabaya
elapo
Tambisa
*(Mukden) New York Sydney
Tokyo
Secret
Vancouver
Hamburg Osaka
Tientsin
Parla
Shangha
Yokozume
Hankow Otarn
Tokyo
Singapore
Hurbin Paris
Tsingtao
Vinkow
3- Bombay
Calentia Centan
per Haber zoba: Paiping
Honolulu
1
(Dalay). Nagasaki, Bingapore
Every description of "Banking Hong KongPeipiog and Exchange business transacted. Loans granted
approved securities.
"
Interest allowed on Current Ac counts,"
for Deposite received Fixed Periods at rates to be obtained on application.
,"
Y. KANO,
Manager.
Current Accounts opened in Local Currency and Fixed De- pacita received for and your OF shorter pariods in Lon and Hong Kong. 10th March, 1837. Foreign Currencies on tarins which will be quoted on application. Bafe Deposit Boxes To Let
KAN TONG PO,
Chief Manager.
MANILA MINING
SHARES
Hong Kong A Extra Mantis closing quotations gures kindly
supplied, by Messrs. Eills and Edgar.
Associated Mines Acaje Mining...”. Angelo !
Dalong
Gold" Creek
Ipo Gold...
Gold River
004
125
80%
1003
411
*15
035
Mother Lode
04
Parácale Gold.
$10
Balacot #
.021
Batong Buhay.
012
Universal Expl.
tos
Bled
105
Crown Mines Mambulao
(00:
08
Byndicate Invest. Tinagao
"Santa Rosa N
Mine Operations
10
Dayaka
WHOLESALE · · MARKET READY
The new $125,000 wholesale mar- ket at Kennedy Town constructed by the P.WD., is now completed and has been offodally handed over to the Urban Council.
The first bidding for space by wholesale dealers in fish and other commodities took place' on Thurs- day and they will "move in” during the latter part of this month.
Preparations are already being made for the housing in the Wes- tera Market of some of the retal- lets from the Central Market which will be evacuated by the end of this month for demolition.
CONTROL OF BANKS
ALBERTA
Edmonton (Alberta
The Lientenant-Governor of Al- berta to-day gave his ment to the Provincial Governments Bil for the licensing and control of banks. The Alberta Legislaturé vás ác. cordingly prorogued to-day pum Reuter