$48)
$300 $810
Union Insuraudės ...
SREO
H.K. Fires....
$3
Fluternational Assow, ́S,
Shipplag
Dougl****
1481
Steambwir
Indo-Chinas (pret)
Iv. (def.)
1143 | Shells
30.30
Waterhosts
$9.30
Mining
20/5
Kailas
#11
Haubs
15
DAILY SHARE QUOTATIONS.
Hong Kong Stock
Exchange
„Baykallar
Sales
Nadina!
$1,663 ein
11 233
FRIDAY. AUGUST 13.
Banks
H.K. Baurs
Sharebrokers'
Association
Da (London)...|| Cuartoriki Bauka ... Marcantile Bks. "A"
Do.
Bank if Esat Aziz...
N. 0. & 8. Backs ...
insurances "
Canton lasaTA:JCB0..
Underwriter.
Bayard
Bellers
Balan Bouglas
*!!!!!
I d
x d
#1,885 ein
214
2331
£15
$99
11th Aug. Closing Rate
B. S. 9.49 8.49 10.1 1.11
clos.
2.39 3.04
clos.
3.50
1997
Agtamoka
77 +8
$800
Atoka
意
14
***
22
21}
92
3280
Baguio Gold
20
191 20
***
10
... 10.25
10.00 10.25
10.23.."
Benguet Explor
... 8.10
8 10
D
13
Big Wedge
16
16
181TM
$61
Coco Grove...
53
$3
54
HI
Consol Miner
.024
023 024
111/7
Demonstrations
51
60
51 49
T
E. Mindanao
17)
17
18
$32.85 II.K. & W. Docks
$190
es ctx.
Venezuela Gold Fidu.
Docks, Wharvan,
Godowns, eta.
I.K. & K, Wharros, Proridents (okt
Do. (DOT)
Site Shangosi Doçka 9. $31 New Engineerinus: 8. Lands, lotols, and
Buldings
***
20/8
11.45
I. X. L.
Marbates
G. Galdhelds
19
12 13
21
Itogons
€5
64
14
05
63
68 63
་
19
19
10j
18
Min. Resources
$119
ដៃគូ
*186
19
10
12.20
Northern Mining
584
BL
נים 00
Parscale Gamaus ...
34
32+
13
$31
$106
$3
San Mauricio
1.05
1.00
Suyce Consol.
971
28
26
United Paracales...
62
*O
72
1.
HONG KONG DAILY PRESS, SATURDAY, AUGUST 14, 1937.
H. K. STOCK EXCHANGE
AND
H. K. SHAREBROKERS' ASSOCIATION
Philippine Gold Mining Quotations
Benguet Consol
19th August, 1937.
Time Received
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
Reserve
Reserve Liability of
Proprietors
AUSTRALIA AND CHINA Incorporated by Royal Charter 1993 HEAD OFFICE: LONDON; 33, Blahopagate EC.2.
£3.000.000 **** £3.000.000
£1.000.000
................. 10,000,000 Paid-up Capitai....
Reserve Fund.... $20,000,000 || Reverve Liability of Pro-
prietors
MANCHESTER BRANCH: 71, Mosley Street, "Manchester..
Head Office:-HONG KONG
Board of Directora
G. Miskin, Esq.,
AGENCIES AND BRANCHES:
ALOR STAR ILOILO
trou KARACHI
Deputy Chairman. | AMRITSAK”
Chairman.
Hon. Mr M. T. Johnson,
J. K. Bousfeld, Esq.
A H. Compton, Esq,"
S. H. Dodwell, Esq.,
J. R. Mason, Em,
K. S. Martison, Esq.,
Hon. Mr J. J. Fatson,
T. E. Pearce, Esq.,
A L. Shields, Esq.,
SALOON
SEMARANG
KREMBAN
BANGKOK
BATAVIA
KLANG
BOMBAY CALCUTTA CANTON CAWNPORE
COPE
SHANGHAI
·LINGAPORE.
A
KUALA
LUMPUR
ATIAWAN
BOUMABAYA
KUCHING
TAIPING
CERU
KADRAG
Sir Vandeleur M. Grayburn,
Amoy Iloilo Bangkok [pob
COLOMBO ONLEI HAIPHONG
MANILA
TOMSKAX
MEDAN
(Bhuket)
IDW YORK
TRINGTAO
Chief Manager.
TENTOT
Peiping
Ponang
Batavia
Jobore...
Rangoon
Bombay
Kobe
Saigon
Calcutta
Kowloon
Canton
Kusia
Chefoo
Colombo
$6,90 $351
H.K. Hotels
16.65
Market Comment
F મ Q S
H.K lands..........
$35
Ela. 4% Dobentares
$102
11
Shanghai Lands....
Metropolitan Landı..
8.10
H.K. Nealtios.........
$6.90
$1
Chiam Du
8.
$60
Do. Debentures S.
**
Humphreys
$90
Chinear Estates.co
Cotton Mills
$13.50 Ewro
314
$100
134
480
B'bai Cottons(ald JS.
Do (new)S.
Zoougཡོaga ཡམཡཾ
Wing On Textiles(S.)
$110
$34
$79
D
Ewo Cotton Rtk, S.
31.00
Pubila Ctilities
! ! ! ! ! !
$14.30 Team WHY *****
x.d
$144
Post Trims (alui)...| 15
Da
(new)... 12
.186
Star Ferries
****
$17
Yaunat! Ferries
$13.00 Chins Lights (old)...
$13.70
Do
(now)...
180-
H.K. Electrics......
$25 $97 $131 $13.30
$59
$18
Macao do.
·རྩྭ
Saudakan Lightą ...
$29.50 Telephones (ald)....
11,60 Do. (new)
Sizi
China Buses.3.
24/ Tractions
Do. (prof.)ncens
Industrials
123/%
...
$16
Caldbeck, Lord.) 8.
$17
Maogregos (pref.)8,
+2
Canton Less
$16:10 Comeck
Hopeate
Miscellaneous
Dairy Farma......
!!!!
ន VQ Eier Sier
PHILIPPINE MINING
NEWS
Bix companies reported increas- ed production for the month under review. These included Benguet Consolidated. Big Wedge, Cal Hor, Demonstration. IXL and United Paracale,
Seventeen companies reported aj treated 81,829 tons in July, an total pour of P4111,703.88 for July," average of over 2,000 tons daily. according to figures released re- Benguet Consolidated with a cently. This is down approximately } pour of P836;183.18 set a new 1937 P158,000 from the pours reported production record. by these same mines for the month of June. Marsman mines showed a decreased production of F101,000 due to construction work necessary at Itogon in order to increase daily milling capacity and the fall of a hangingwall in the San Mauricio property. 'All alterations "at Itogon are finished, the company reports and the mill 129.40 will go into increased production 8:1.30 this month
24/-
Nine companies reported lower pours for July, These included An- tamok, Balazoc. East Mindanao, Ipo.
Itogon..... Royal Paracale (formerly IX.Largos), Masbate, San Mauricio and Suyoc.
IX.L. reported a new all-time high
record when
Eagulo Gold and Balacot re- production figures hit P186,058.53. This is the ported production at approximately third straight month that this the same as the previous month, company has set дет records. No reports have been received Masbate topped all milling recorda from Benguet Exploration in the Islands when the plant { Tambis.
MARKET
$15.
35,05
$5.20
1201
$281
15.20
$1.60
'Constructions, (old)]
Ch. talamenta....... 14.80
THE EXCHANGE
30 eta
Do.
$0.55
Lane Crawfords.....
newijsd eta.
$8.80
Nanyang Tobacco...
$6.80
$3.60
Bioceres
121
$0.40
Watsons
MESSRS. ROZA BROS.
15.35
་
8. 9. Enterprises
$1
00%
prem. 812
H.K. Gort 4% Lena: $106e
Do
31%
$tol
Wallsco Harper
$50
EK Wing Oo
S'hai Do
165 $100 $4.90
Win. Powella
(HK)
140 ata
077 ULG.5:1250.93dz
Vibro Piling
99/- Maramanı Lav. (Lon)
*Sales to Shanghai
LONDON EXCHANGE
Parla
Geneva
Berlin
Athem
Milan.... Copenhagen Stockholm
(British Wireless Service)
Aug. 11
132-53/64
21,70
12.381.
94-11/16
RATES
Aug. 12 132-55/54 21.701 12.39
94-23/32
Shanghai
New York
4.981
Amsterdam
9.034
4.98-13/32 9,04
Vienna
Prague
1425
Madrid
Lisbon
Hong Kong
Bombay
Montreal
Brussels
1/21
4.981 29.60%
Yokohama
1/2
Belgrade
Monte Video
RIO
Bucharest
Silver (Forward)
allver
(Spot)
War Loan
On LONDON:
19-15/10 19-15/16 31% 1001
Closing Quotations
August 13, 1937.
Telegraphic Transfor......... 11'1⁄2
Bank Bills, on demand · 13/16 Oredita. four months'
4.98-7/16 29.01
10-15/10 19-16/18 31% 1001
ON NEW YORK:
Bank Billa, on demand 2011/18 Credits, 80 days' sight. 31 3/16 ON BATAYTA:
On demand .................. 65 ON PARIS :-
Silver prices were unchanged yesterday, the quotations being 19 15/16 for both Ready and, Forward. Silver advices reported speculators as having operated bath ways. The market was quietly steady. American Silver was quoted at 44 3/4 for Spot.
Was
H. K. STOCK EXCHANGE
YESTERDAY'S OFFICIAL QUOTATIONS
There
or
httle fresh to report since the issue of the last weekly Report. Listings continued No- minal for the most part, and mar- kets quiet and steady. Early in the week the comparative read- Beas with which shares had been 498-absorbed encouraged ́s slight stif fening in sellers' ideas, but buy ers failed to advance their prices,
The London-New York cross- rate
quoted at 490.40. New York-London was quoted at 7/16,
MARKET
San Fran-
cisco
Lumpar Shanghai Loadoa Singapore. Dairen. Lyons Sourabaya
Foochow Malacon Sungai Haiphong Manila Patani Bamburg Maar .. Tiantain Hankow (Johore) Tokyo
Mukden Tsingtao Hongkow New York Yokohama
NEW PASSENGER Harbin
LINER
Dublin And Liverpool Service
Current Accounts ♥ opened · in |Local Currancy, and Fixed Deposits received for one year or shorter
periods in Local Currency, and
Sterling on terms which will be quoted on application.
HAMBU KO
HARRIN
PRIPING
TORGRAMA
(Poking) BANGA PENANG
HONG KONG XAN ĐOÀN •
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 Lon
don undertakes Executor & Truziner business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained. að sny of the Agencies and Branches.
E. W. ROBERTS,
Manager.
THE CHAAR BANK.
Also up to date Safe Deposit 15, QUEEN'S ROAD CENTRAL
| Boxes in various sizes To Let. Hong Kong, 12th May, 1937.
BONG KONG SAVINGS BANK
T
A motor passenger and cargo vessel of 4,320 tons for the daily service of the British and Irish Steam Packet Co.. between Dublin and Liverpool was launched at Belfast and named the Leinster.
Luxuriously furnished, the ship will provide a new standard of
HE Business of the above comfort and luxury in overnight Bank is conducted by the cross-channel travel. There is ac- HONG KONG & SHANGHAI commodation for 426 Brst-class BANKING CORPORATION. Rules passengers. A feature of her design may be obtained on application. is the omission of extensive pro-
For the Hong Konɑ & Shanghai menade space, which is considered
BANKING CORPORATION.
V. M. GRAYBURN, unnecessary when passengers em- bark late and disembark early next
Chief Manager. Hong Kong, lat March, 1937. morning.
It is interesting to note that Messrs. Harland and Wolf have been responsible for the building of all the ships by which the Coast Lines, Ltd. in recent years, have transformed the passenger Bery- ices between Ireland and Great Britain
The naming ceremony was per- formed by Mr. Barry, wife of Mr. Davti Barry, OBE., director and general manager of the British and Irish Steam Packet Co., who was also present,
BANK OF EAST ASIA, LIMITED.
HEAD OFFICE:
19,- PINE STREET,
NEW YORK
An American Bank offering com
plate Foreign Banking Service in 'the principal Markets of the world. Interest Rates on Application.
SAFE DEPOSIT BOXES"
This Bank, is entirely owned by THE CHASS NATIONAL BANK, Naw YORK, with Resourcar.over U.S. $2,500,000,000.
D. M. BIGGAE,
Manager.
THE "YOKOHAMA SPECIR MANE
Reserve Fund
LIVELYD
Authorised Capital ... 10,000,000.00 Capital (fully paid up) Paid-up Capital 5,808,600.00 Reserve and Undivided
Profite
1,776,726.76
No. 10, Des Voeux Road, Central. HEAD OFFICE:-HONG KONG
Yen 100,000,000 ON Yen 132,850,000.00
HEAD OFFICE:-YOKOHAMA
-BRANCHES AND ADEBCITS AT: Board of Directors:- Alexandria Honolulu Bangoon Bir Shouson Chow, Chairman Bangkok Keinking Bio 'do Li Koon Chan, Esq. Li Lan zang, Esq. Batavia Karachi
Kobe Wong ChuBon, Esq. Barlin Wong YunTong, aq. Kan Ying Puo, Esq. Bombay London Chat Ching Shek. BungPing Wah, Esq.
Esq
SPECIAL AREAS P. Kwok, a
New Commissioner
For Scotland
missioner for the Special Areas in Sir David Allan Hay, the Com- Scotland, has felt it necessary
Kan Tong Po, Baq., Chief Mausger. Li Tre Fong, Esq, Manager,
Amoy Batavia Bombay Onlouis
Opened firm with buyers being and the market relapsed into owing to pressure. of business to Otos
reluctant to bid. Subsequently a reaction occurred and rates de- clined sharply. Later the tone appeared a shade steadier but closed rather erratic at 1 pm.
IN STERLING
quietness.
Banks at £1850 X.Div. are a tle easier, likewise, Unions at $595.
In Manila the firmness
considerably,
evidence at the end of the previous week continued, carrying rates to a generally better level, from 1/2 29/32 was on offer soon after which there has been only a trif the opening but the selling rateing reaction. Turnover increased gradually rose to 1/3 1/32. At this rate a fair amount of business was arranged for cash and also at 1/3 for December. The market then reacted sharply and offers at 1/3, 1/2 31/32 1/2 15/16 and 1/2' 29/32 were accepted for various deliveries, closing at 1 pm, ' with' hellers at 1/2 29/32 Angust-Sep-
cember, buyers at 1/2-15/18 for far forward and probably for near delivery.
BUSINESS DONE DURING
THE WEEK
Wharves, $120.- Star Ferries, X.Div., 686, $851/ H.K. Land 4% Debentures, $102)
relinquun his appointment, and boug the Secretary of State has accept- ed his resignation with regret.
HANKOT Kona
Kreat
Branches and Agencja:—
Current
Kowloon Panens Bacaba Loudou Bangoon
Manda
Balgots
bydsey
Calcutta Canton Dairen
J
Janeirg
Francisco
Los Angeles Besttla.
Manila
Moji
Semarang
14
Shangbai
(Dalny) Nagasaki Singapore
Fengtien Nagoya Soerabays
(Mukden) New York Sydney.
Hamburg Osaka
Tientsin
Hankow Dar
Tokyo
Harbin Paris
Tsingtao
Hong KongPeiping
Yintow
Karnak!
Opales
Parts
Bemerangi Vendeurver Shangbal Takakama Priping ngapore
Eateries allowed on Current As DOGLIATES
Melbourne, 546 FTAD
eisoe
New York denctle
on
Y.. KANO,
Manager. Hong Kong. Toth March, 1937.
Deposita received for Fixed Periods at rates to be obtained on Every description of Banking application. Sir David, was appointed commis- and Exchange business trazecied. sioner in July. 1936, in succession to Lieutenant Colonel Sir H. Arthur securities.
granted
spproved Rose, who had been obliged to
Accounts opened_in resign on grounds of health. Sir Local Currency and Fixed: De- David Allis Hay accepted the ap-poelta received, for one year, or pointment on the understanding shorter, periods in Local: mach that it would be for the then Foreign Currencies on tenger which remaining period of the operation will be quoted of application. ot the Special Areas Act of 1934– that is until March 31 last, but at
Safe Deposit Boxes To Lots KANTONG FO the request of the Becretary of
Okief Manager!. State he agreed to defer his re
tember and 1/2.7/8 October-De- for Spol. At 10.15 am, the x.signation for a few months after change market was reported as the passing of the amending Act being nominal.
this year.
The Secretary for Scotland has appointed Lord George Nigel Douglas-Hamilton to be commis stoner la saccession to Sir David Allan Hay.
US. DOLLARS There were sellers after the
IN THE AFTERNOON. The market was quiet in the afternoon, the undertone was not robust.
** STERLING
opening at 30 15/16 with business doné subsequently at 31 1/8 and 13 3/18 for August, and 31 1/4 casti, The market "then veered and Business was done at 1/2 20/32 offers at 31 1/16 and 30 15/16 were for September October, November. accepted for near and October. December, finishing with sellers at The market closed at 1 pm with 1/2 29/12 August-September and sellers at 30 7/8 August-Septem-1/2 7/8 October-December, buyers ber and 30. 13/16 October-Novem- at 1/2 15/10 for near and probably ber, buyers at 31 August-Septem-1/2 29/12 November-December. ber and 30 15/16 October-Novem- ber:
SHANGHAI DOLLARS Nominat at 104: 2
aight
1/21/16.
On Demand
104
Bank Bills, on demand FIR. Credits, 4 month's sight (8) On Batam.
ON SINGAPORE ÷ ----
· On demand
614
On demand
62 9/16O. MAWILA :---
4. Ale domand: ...........
SHANGHAI MARKET
On demand
1001
OF BANDEO 2.
On demand
Hady adyices indicated sellers of Sterling at 1/2 1/4 for Spot, buy-
JAPAR':
***Tulggtáphia ́ ́ Transferi.
· Maxk, on demand
1601
BoTzzIGNS "Bank 'Bayi
PA Bats
BAX BILVER, DAT 49. Like
ers at 1/2 17/64. NB. Dollars sel 19.15/18 1r at 29 1/2, buyers at 4T1B
US DOLLARS Business was done at 30. 15/16 for August delivery. The market closed with sellers at 30 7/8 Au- gust-September and 30 19/16 - tob
FRENCH CREDIT
TO CHINA
Paris, Aug. 12,
TRAFFIC FATALITIES INCREASE IN BRITAIN
London, Aug 12.
More persons were killed on the roads of Great Britain during July than in any of the previous months of the year
The toll was 607; compared with s | 525 in June, and 539 in July of last
year
The previous highest month, for -fatalities in' traffic accidents for 1937 was May, with a total of 534
QUOTATIONS
Lora Nigel Douglas-Hamilton, Regarding the special credit deaths who is the second son of the Duke granted to China by group of Reuter of Hamilton, graduated at Oxford French bankers, has now become University and Edinburat Univer known that the loan of 100 101 sity (LL.B.) and has studied abroad francs, possibly to be raised to 200 REICHSMANK at the universities of Paris, Bonn, million, is granted by the Banque and Vienna, He is a member of the de Parts et des Pays-Bas, to which Scottish Bar and is already well Lazard Freres et Cló thể Bàngde known for his public work as a de L'Indo China, the Bar member of Edinburgh, Town Franco-Chinola pour le comme Council and as a commissioner et l'industrie, belong. (unpaid) of the General Board of The loan is granted in favour of Control for Scotland.
the Central Bank of Chins, and
and probably November. Lord Nigel Douglas-Hamilton is the purpose of this credit to
khty, at 30_15/16 A1- will probably take up the appoint- strengthen the currency reporte Arber and 30 7/8 Octo- | ment of Commissioner for, the the Bank
Special Areas at the end of August. Tr
ocean. News Service,
Berlin, Aug 12.
Reichsmark was quoted
New Fork 49,220... Paris, 1972.00AA
msterd
London, 12.385