12
DAILY SHARE QUOTATIONS
Sharebrokers'
Hong Kong Stock
"Bayesi
:
!!!!
Exchange
THURSDAY. AUGUST 19,
Banka
Do.
Bank of East Asia... N. U. & 8. Backs... Insurances
Canton Lara:1380..
Union Insurances ...
Underwriters
Association
Wayn
"P
Sellars
HONG KONG DAILY PRESS, FRIDAY, AUGUST 20, 1937.
H. K. STOCK EXCHANGE
AND
H. K. SHAREBROKERS' ASSOCIATION
Philippine Gold Mining Quotations
19th August, 1937
Time Received
clos
clos,
9.50 10.20 11.25 9.40 3.07 3.30
...1 19 1814)
8 A3
140 13
50
80
.021 023 .021
8 8 1 1 2 1 1 1 1 1 2
1,700. H.K. Banks
€100
2133
2334
Do. (London) ... Chartered Banica ... Morcantile Bks "A"
$1,850 £107
£13
£33)
£1
Stot
$99
18th Aug. Closing Raton
1:
B:
S.
9.50
324
1300
$297
Antamoka
74
73 -74
1810
1600
Atoks
20
20 21
12
39
WHO
H.K. Fires
someras
$250
Baguio Gold
13
International Asso. 3.
+++
Bonguet Consol
10.00 10.5 10.25 10.75
Shipping
$48)
Douglanea
1481
Benguet Explor
181
Steambong
$84
Big Wedge...
SDI
Indo-Chinas (pref.)
$51
Coco Grove...
142
Do.
(def.)
$42
Consol Mines
1104 Shells
111/3
Waterbat
$9.30
Demonstrations
46
E. Mindanao
10 161
10/6
!!!
20/6
G. Goldfields
19
11
12
$11.45
#4.20
Itogons
89
59
I. X. L.
€3
ex
Masbates
17
17 173
$120
上
160 cb.
832.8
#119
Min. Resources
16
151
161
52.20
Northern Mining
4 6
4
(cow)
50 o'
Paracate GumnÐA“
39.
201
1321
$106
San Mauricio
...
93
92
13
Sayee Consol
25 25 24
Lands, Hotels, and
United Paracales...
08
87
36,80
xd134
Bui dines.
H.K. Hotele
H.K Larda.......
16.65
Market Comment,'
E
S
$
135
$102
Do. 4% Debentures
3102
111
Shanghai Landa...8.
***
Metropolitan Land...
THE EXCHANGE
10.10.
H.K. Hoalties....**
85.90.
$1
China Do
100
Do. Debentures8:
3
Humphrey's
$9
*$90
Chinese Estated.......
Cotton Mills
Mining
Kailans...
Venezuvis Gold Fids.
Docks, Wharves,
Godowns, etc.
H.K. & K. Wharvoï.
Providents (okly...)
Da
H.K&W, Docks
$168 Shangusi Dock S.
13 Now Enginvorines S.
༄། } ཟླ| ཎྜཱ
། །༄སྨྱ*ཎྜལ3g ཿཧ 1}3.
=
2!
19
BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorised Capital
$60,000,000
Issued & Fully Paid-Up $90,000,000 Reserve Funds:-
Sterling
.....£ 6,500,000
Hong Kong Currency
Reserve ............... 10,000,000 Reserve Liability of
Proprietors
THE CHARTERED BANK OF INDIA AUSTRALIA AND CHINA Incorporated By Bayal Chorten, 1953
HEAD OFFICE: LONDON: 38, Bishopsgatë E.C:2.
.............. £3.000.000
- £3.000.000
£3.000.000
Paid-up Capital. Reserve "Fund. $20,000,000 Reserve Liability of Pro
prietors.
MANCHESTER BRANCH: 71, Mosley Street, Manchester.
Head Office:-HONG KONG
·Board of Directors.
G: Miskin, Esq.,
Chairman.
Hou. Mr. M. T. Johnson,
Deputy Chairman.
J. K. Bousfield, Esq., A. H. Compton, Esq., S. H. Dodwell, Esq.,
J
AGENCIES AND BRANCHES:
ALOR STAR ILOIH AMBITSAR BANGKOK BATÁVIA BOMBAY CALCUTTA CANTON
BAIGON
IPOH
SEMARANG
KARACHI
KEREMBAN
ILANO
SHANGHAI
J. R. Masson, Esq.
K. S. Morrison, Esq.,
KORE KUALA
LUMPOR
BINGAPORE
SITIAWAN
SOURARAYA
Hon. Mr. J. J. Paterson,
CAWNFORE KUCHINO
CRIU
TAIPING
MADRAS
T. E. Pearce, Esq,
VIENTREN
COLOMBO
MANILA
TONGKAH
DELHI HAIPHONG
MEDAN
(Bhuket)
NEW YORK
TSINGTAO
BAMBURG
FRIFLYO
YOKOHAMA
HANKOT
HARDIN
(Paking) myDANGA PENANG
Amoy Bangkok
Batavia.
Ipok Johore
Bombay
Kobe
Calcutta
Kowloon
Canton
Künla
Chefoo
Lumpur Shanghai
Colombo
London
***
$1.80
$3 olsk
$13.80 Ewos
$100
...............
S'hai Cottonsfold)S.
Do.
314
$90
$34
$5
$34
Zoong Sings.
480
Wing On Textiles(S.)
Ewo Cotton Rt., S.
Public Utilities
$14)
Peak Teams Cold)... $5
Do.
(new) $
186
Star Ferries ******
$85
$27
>97
$14.60 Tramway* ******
Yaumati Forries...
$13.90 China Lights (old)....
Do. "(Bow)...!
H.K. Electrica ......
MARKET
MESSRS. ROZA BROS.
68
H H
A
A
12
N
61
64
31
95
S F S D D
PHILIPPINE MINING
NEWS
An operating contract was sign-with P. J. O'Neill as president: ed August 10 between the Eve Gec. W. Workman, vice-president: Hong Kong, Aug 19. Mining company, which owns 18 Cirilo Lim. secretary-treasurer, Di- Silver prices dropped 1/16 yes lode claims in the municipality of rectors are H. Sevilla, H. V.Camp terday for both deliveries, the Infanta, Tayabas, adjacent to the bell, L.. C. Moore, LF. Mitchell, quotations being 19 15/16 for property of the Angelo Mining The contract was signed by P. J. Ready and Forward. Silver ad-Company, and the Rapu Rapa Gold | O'Neill for the Rapu Rapu Gold vices reported speculators is hav~ Mining Company whereby the lat- | Mining Company. ing, operated both ways. India
ter acquired a 150-day option to bought. The market closed steady, explore the property. If results After the official fixing the market, substantiate previous engineers'
Silver was idle. American
was reports, the Rapu Rapu Mining $13 $13.30 quoted at 44 3/4 for Spot..
Company will develop the claims $501 The London-New York cross-and erect a mill.
rate was higher at 499.37. New York-London was quoted at 499.-
$13,70)
$60
$181
Macao do.
$141 Saudakan Lights ........ 129.60 Telephones (old) ........
$11.60 Do. (now).
$29,40 $11.30
1/8.
#
$47.
$19 China Busas d 24/- Tractiona haylını
93/- Do. (pref.)----|
$10
317
$2
#15.10
36.05
$984
15.20
Industrials
Caldbeck, ord.) 8. |Siyogregoraf (praf.)8,
"Canton Ices
Jomonts
Ropes
Miscellaneous
Dairy Farmor.....
Ch. E'tainments..... Constructions, (old)
Do.
10.0t Lane Crawford.....
$2.00
$5,40
Nanyang Tobacco...
Bingeres...
Watsons.
3. C. Enterprises ... 977. Ch.G.541925G.3 Bda
prec... Govt. 1% Laus
****
!!!!!
##
$15 15.20
$281 54,80
MARKET Steady but dull.
STERLING There were sellers at 1/2 31/32 August-September and 1/2 15/18 October-December, buyers at 1/3 1/32 Cash-October and probably 1/2 31/32 November-December. A small business was arranged at 1/3 for cash, ".
50 cts. in
$8,60 $8.80
$5.35
SI
Jo%
*
prem.
Do.
31%
26
Wallach Harper
310
K Wing Or ........... S'hai Do
.05
1100
$4.92
40 cta,
Vibro Pinger
27/6 Maramans Inv. (Lon.)
7.
(ELL)
Wzo. Powells()
•Sales to Shanghat.
LONDON EXCHANGE RATES
Paris
Geneva
Berlin
Athens
Milan
Copenhagen
Stockholm
21:701
94-13/16
4.99-5/18 9.04)
143-3/16
(British Wireless Service)
Aug. It
132-27/32
Aug. 18 132-59/64
12.387
21.737 12.401
94-11/16
Shanghal
1/21
New York
4.98-7/16
Amsterdam
9.037
Vienna
Prague
142}
Madrid
Lisbon
Hong Kong
1/21
1/21
Bombay
Montreal
4.98-7/16
4.901
Brussels
29.501
29.00)
Yokohama
Belgrade
Monte Video
30-13/0
Rio.....
Bucharest
Silver (Forward).
Silver (Spot)
War Loan
Du LONDON:-
20
20
33-100-1/16
Closing Quotations
August 19, 1837.
Telegraphio Transfer... 11/
Bank Bills, on demand
Credits. four months'
sight
OF BRANGNAL:-
On Demand
19-15/18
13-15/10
The terms..of the contract are that whch milling starts the Rapu Rapu Gold Mining Company shall be reimbursed 75 per cent and the Eve Mining Company 25 per cent until all expenses have been paid, when the division will be 60 per cent to the operator and 40 per cent to the company owning the claims.
RICE REPORT
The Eve mining Company which was incorporated July 29, 1937, has as its officers and directors R. E. Hauck, H. C. Elle, K. S., Charlton, Franch Sauter, Issac Godol, Andres Polentan and S. C. Beloso.
PROSPECTS GOOD
"From the results of our examl- nations of the Eve Mining Com- pany's property and our knowledge of the mineralization of the dis-. trict which contains the Angelo Mining Company, we believe that the Infanta municipality of Tay- abas will develop into a second Bagulo," said P. J. O'Neil, presi- An examination of the 18 lode dent of the Rapu Repu Gold Min- claims of the Eve Mining Companying Company. "We signed the was made by licensed engineer E. operating agreement with-the Eve A small business was done early C. Rice who recommended to the Mining Company after a careful board of directors of the Rapu Ra-examination of their claims and Du Gold Mining Company that it will bush the development work as the option agreement. rapidly as possible. We have ex- Hawkins, mining exercise Seven outcrops were sampled with gaged F. H.
engineer who has had extensive values running to P27.20 per ton.
experience in Afrin to be the sup- erintendent on the property.
U.S. DOLLARS
the morning at 31 3/16 for September delivery. The market closed at 1 p.m. with sellers at 31 1/8 August, 31 1/16 September and 31 October and probably Novem- ber, buyers at 31 1/4 for cash. 31 1/8 September-October and 1/18 November.
SHANGHAI DOLLARS
Nominar.
SHANGHAI MARKET
31
Although the contract, was offi- cially signed on August 10 the Rapu Rapu Gold Mining Company has been on the property for more than a month.
..
The Rapu Rapu Gold Mining The Shanghal market was clos- Company is a million peso company!
140 ots, ed to-day.
31% 100-3/16
ON NEW YORK :-- ·
Bank Billd, on demand 30% Creditá, 60 days' light, 31).
ON BATAVIA:-
-On Paris:
101 N. ON SAIGON
13/10
On demand
1/3 1/16
.
"Bank Bills,, on demand 818- Credits, 4 month's sight 989,
O SINGAPORE:-
On demand ......
811
On demand
1/2 9/16
ÖY MAMILÁ :-A
*), fin "demand -
1081
On' demand gena Bovenians
BÁN SILVER, DES ER:
On JAPAN:-
On demand
Telegraphie Transfer •} sit
Bank. on
ui
́(n°Bázorok
Bank Baying
1801
IN THE AFTERNOON The market was quiet in the afternoon:
IN STERLING
A small business was done at 1/2 31/32 for October delivery. The market closed with sellers at 1/2 31/32 August-September and 1/2 -15/18 October-December. buy- ers at 1/3 1/32 Cash-September, 1/2 1/3 October-November and 31/32 December.
The market closed with sellers at 31 1/8 August, 31 1/16 Septem- ber and 31 October; buyers at 31 1/4 cash and 31 1/8 September- October.
"
U.S. DOLLARS
H. K. STOCK EXCHANGE
YESTERDAY'S OFFICIAL QUOTATIONS
Though very narrow, a certain activity continued in the local market, with
prices subject to negotiation.
"The Manila market was steady..
Bayers
Douglases, $48) Indo-China (Def.), $42. Union Waterboats, $9.30. Chinese Estates, $90, Peak Trams (old), $5.
Peak Trams (new), #2).
WM. Powell, Ltd., 40 cts. Constructions Hold); $1.60. Constructions (new) 50 cts, HK GOTL: 31% Loan. 14. Frm
EMANCIPATION OF THE FAR EAST
Berlin, Aug. 19.
"The Rapu Rapu Gold Mining Company 19 prepared to push through the mill construction just as soon as the development work warrants the expenditure.
JAPANESE
A. L. Shields, Esq.,
Sir Vandaleur M. Grayburn,
Chief Manager.
Branches: Iloilo Peiping Penang Rangoon
Saigou
Son. Fran-
Cisco
Singapore
Dairen Lyons Sourabaya
Malacon Sungei
Foochow
Haiphong Mauila
Hamburg Muar
Hankow
Patani Tientsin
(Johore) Tokyo
Tsingtas
Harbia Mukdeu Hongkew
New York Yokohama
in
Current Accounts
opened Local Currency and Fixed Deposits received for one year or shorter periods in Local Currency and quoted. on application. Sterling on terms which will be
Also up to date Safe Deposit Boxes in various sizes To Let. Hong Kong. 18th May, 1937.
BONG KONG SAVINGS BANK
HE Business of the above Bank is conducted by the BONG KONG & SHANGHAI BANKING CORPORATION. Rules may be obtained on application.
For the HONG KONG & SHANGHAI
RANKING CORPORATION.
.V. M. GRAYBURN,
Chief Manager.. Hong Kong, 1st March, 1937.
BANK OF EAST ASIA, LIMITED.
HONG KONG HANGCON
FOREIGN EXCHANGI and General Banking Business transacted,
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or shorter periods at ratée which will be quoted oa applica tion.
The Bank's Head Office in Lo- don undertakes Executor & Trustee business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained, any of the Agencies and Branched.
B. W. ROBERTS, -.
Manager.
THE CHASK BANK
18, QUEEN'S ROAD CENTRAL
HEAD OFFICE:
19 PIKE STREET,
1. 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 You, With Resources over U.B. $2,500,000,000.
D. M. BIGGAR,
··Manager. ̧¡
THE YOKOHAMA SPECIE BANK
LIMITED
Authorised Capital $10,000,000.00 6,599,800.00 Paid-up Capital Reserve and Undivided
Profits.......... 2,776,796.76 Capital (fully paid up)
Reserve Fund,
4
HEAD OFFICE:-HONG Kono No. 10, Des Voeux Road, Central, Board of Directors: Sir Shouson Chow, Chairman
Esq. Li Koon Chun, Eng. Li Lan sng,
Wong buson, Esq. P. K. Kwok, ag Wong Yun Tong, aq. Kan Ying Pu, inc. Chan Ching Shek, FungPing Wah,
Esq.
Esq.
Kan Tung Po, Haŋ., Chist Manager. Li Too Fong, Esq., Manager.
Broncha and Agencies
Kowloon Penang Bourabaya London Bancoon Bwatow Mita Balgoa Sydary Melbourne 88 Fran-
REINFORCEMENTS
Amoy
Hatavia
London, Aug. 19. Japanese reinforcements for the garrisons in North China are ar- Bankow
Bombay
Calcutta
Halphoog
Kantaki New York Sealin
Honoqla Par
Kobe
from Tientsin.
Takboku
cino. Beatain
Torre
Geronto) Valconver Shangba Yokohama Peiping • пароти
In an editorial published on the front-page of the "Deutsche "All- gemeine Zeitung," Dr. Paul Ostwndriving on an increased scale, ac-
Every description of Banking writes on the latest developments cording to reports received here
the Far East.
Fourteen Japanese troop trans-aad Exchange business transacted. Loan's granted on, approved port vessels are now lying off securities. Tangku, while the Shanheikwan- Tientsin railway line is at times blucked by transports of troops and war material,
He states that these develop- ments show the great changes that have taken place, not only in the balance of power on the spot, but also in the part played by the Far East in world affairs, as compared with former times.
The conflict between China and Japan has become a matter over which these two countries must themselves find a solution, where- as the foreign powers, formerly of
such
are
Yen 100,000,000 m Yen 122,850,000.00
HEAD OFFICE: YOKOHAMA -
BRANCHES AND AGENCIES AT: Alexandria Honolulu Rangoon, Bangkok
Isipking Rio do
Batavia Karachi
..ǎneiro
Бад
Erauci.co
Los Angeles Seattle.
Berlin. Bombay
Kobe
Leaden
Calcutta Canton Dairen
Msaila Semarang
ALoji
Shanghai
Sperabaya
(Dalay) Nagasaki Singapore
Vengtien Nagoya
(Mukden) New York Sydney
Hamburg Osaka
Hankow Ora
Harbin Paris
Tientain
Tokyo
Tsingtao
Hong KongPeiping Tinkow
Interest allowed on Current Ac counts.
for Fixed - Deposite Periods at rates to be obtained on application.
received
UNITED FRONT
Y. KANO, Current Accounta opened in
Manager.. Local Curraney and Fixed De Hong Kong, 10th March, 1937. posits received for one year or shorter periods in Local and The strength of the Japanese Foreign Currencies on terms which
in North will be quoted on application. fordes concentrated China is estimated at more than
Sale Deposit Boxes To Let 100,000 men. One half of the
KAN TONG PO
Chief Matlager. troops are going to Peiping, the other half remaining in Tientsin area. The Japanese are apparent- ly planning an advance south- wards towards Paotinglu- Transocean Nawn Service.
BOARD OF TRADE RETURNS
Shanghai, Aug. 18.
In connection with the British proposal to protect the Inter- cardinal importance, forced to adopt the role of spectators. This has terminated
national sellement in Shanghai by diplomatic, steps, it is learned from informed quarters here that the historic era which began in
it has succeeded in obtaining the 1840, when foreign powers opened
London, Aug. 18.
consent of France and the United the Chinese ports. Having passed.
The Board of Trade ladex num- through grave domestic struggles, China has found her way to Asia will be anected. Neither the ber of industrial production in the States to act Jointly with Great national self-determination only United States nor Britain, Dr. United Kingdom in the second Britain in simultaneous diplomatic The object of this diplomatic during the last one and a half Ostwad believes, would abandon quarter of the year was 2.3 per steps in Toryo and Nanking. decades. Regarding her political their reserved attitude, unlea cent higher than in the previous Power, however, she had not until their Anancial and economic inter- quarter, and 9.1 per cent above move will be to ensure a with now been able to make her natural ests make it necessary and advis the June quarter of 1830, the ib-drawal of both Chinese and Japa- dex numbers for the three periods nese fighting forces, including air- weight felt in East Asia,A
None of the occidental signa- with the year 1930 as a base being craft and warships from the This would also remain the main problem of the future, and it de tories of the Nine Power Treaty 134,71327 and 123.5 respectively Shanghal area, whilst Britain pended entirely upon the swiftness have so far seen at to draw the The most important increases in France. and the United States will with which she was able to consequences for the maintainance activity recorded in the June quar- undertake to protect Chiness and penetrate the 400 million In-of the national integrity of China, ter compared with the same quar Japanese property. habitants of her country with the The times of undangerous inter-ter of last year were in respect idea of national solidarity.vention in the Far East have gone. of electrical engineering, ship
Foreign powers have now The emancipation of the Far East puliding. iron and steel, chemicals | adopted a stand-by policy in has become a historic fact, which and textiles... China, and their interest is con- cau no longer be disregarded in cerned with the guestion, how far any survey of world affaire.--- their economic Interests in East Tranençean News Service
able.".
There was also a substantial rise for non-ferrous metals. British Wireless,
The prospect of Japan accepting this proposal is said to be more
fact that a United. Front in this favourable to-day. At any rate the
matter," has been created is taken na favourable sign for eventual success-Transocean News Server