Iz
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Xolma
MONDAY. AUGOST 33.
Banka
H.K. Banks
Sharebrokers'
Association
Видете
Beliare
Ba (London) .... Chartered Banks ....
#48)
10.30
****⠀ ⠀⠀⠀⠀ *32***
::
11
HONG KONG DAILY PRESS, TUESDAY, AUGUST 24, 1937.
H. K. STOCK EXCHANGE
AND
H. K. SHAREBROKERS' ASSOCIATION
||
Philippine Gold Mining Quotations
23rd August, 1937
clow.
3.43
Timo Received clos
9.58 10.18 11.13 2.43 3.04
BANKS
HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION
Issued & Fully Paid-Up $20,000,000
Reserve Funds:-
Sterling
AUSTRALIA AND CHINA Incorporated by Royal Charter 1953
HEAD OFFICE: LONDON: $8, Bishopsgate E.G.2.
Authorised Capital
....... $50,000,000
..£ €,300,000
Hong Kong Currency
Reserve Liability of
..$10,000,000 | Paid-up Capital
Reserve Fund „$20,000,000 | Reserva Liability of pro-
priators..
£3.000.000
£3.000.000
23.000.000
Head Office: HONG KONG
Reserve ......
Proprietors
31,700
The
Im
$1,735
Bio:
2137
£33
£1
Mercantile Bks. "A"
Do.
$101
Bank of East Aria...
N, J. & S. Bar ka
::::!!
₤101
2131
£33,
210
$92
91st Aug. Closing Rate
B.
S.
D.58
1300
$010
12
1380
Insurances
Underwriters
H. Fires-AM
13. Luternational Amase, 3.
Canton Invara"isoq...
$997
+
Antamoka
Union InsuranOJA ........
· 1000
Acoke
18 $230
Baguio Gold
Benguet, Consol
Shipping
Doaglases s
1481
$81
Steamboy
$51
Indo-Chinas (prof.)
Do.
(dof.).
110/
Shella
Waterboa
$9.30
Mining
15/6
"Kailans
***
13
11
+
# !!!!
74
20 22 No Trading ...18 10 No Trading" 10,50 11.00 10.25 -10.60
Benguet Explor...
Big Wedge
13 74
20 xr
90
Coco Grové
4
342
Consol Mines
110/
Demonstrationa
asked -
91
... 14 16
13
31.
48.. 52
...022 J021
129
46 47
46
****
,029 1021
43
....17} asked 16
11
THE EXCHANGE
MARKET
│ ། | │༈ │
1 1
.
PHILIPPINE MINING
NEWS
14:
8329
HK. & W. Docka
$108
1120
EU cts.
Raibs
Venezuela old Fida. $4.30
Docks. Wharvel,
Codowns, eta.
H.K. & K. Whartue, Providente (uklj
Do. (aew)
Shangai Docks 8.
i ::
20/6 $11.45
119 $2.20
E. Mindanao
G. Goldfields
Itogons
I. X. L.
Mnabates
Min. Resources
++
121
181
... 61 83
60
62
*** 63 64
63
64
... 17 17
16
17
154 10
15
16
154
213
62
15
Northern Mining
JJ 51
4A
53
60 0'.
Paracale Gudaus... 30 32
No Trading
3.
$108
San Mauricio
96
90 07
$31
New Engineerings S.
$3
Suyoc Consol
et
.. 25
24)
Lands, Hotels, and
United Paracales
60
08 60
67
非
Bui dings
$6.90
H.K. Hotels
$6.65
Market Comment.
$
Uncertain VD Sier Eier
E
·$341
H.K Land....
335
sing
Do. 4% Debentures
$102
with
Shanghai Labda...8.
Metropolitan Lands..
$6.10
H.K. lies....
$5,90
51
Chu Do
t
Da. Debenturess.
Humphrys
L
19
300
Chinese Estatas, ..........
Cotton Mills
$13.80 EwoS
3.
314
$100
S'hi Cottons(old)9.
390
new S.
$34
Zoung Sings.
#34
180
Wing On Textil(.)
$40
Ewo Cotton Rts, S.
Public Utiliti
$14.80) Tramways
#141
Peak Trams (old) .....|. 15
Do (now)... 12.
981
Star Ferriss ..........
$85
$27
Yaumati Ferries
$27
$13.70#
180
118
$146
| $13.00|| China Lights (old)...{
Do, (дея)...
H.K. Electrics
Macao do.
Sandakan Lights
$29.00 Telephones (old)
$13)
$13.30 $691
:i
Industrials
$28.40 $11.30
***
$11.50
Do. (new)
$121
China Buses ......B |
24/
Tractions
54-
20/-
$16
17
$2
$15.10
$5.05
Do. (pret.)...]
Caldbeck, Kord.) 8.
Macgregora pref.)8.
Caston Less
Cemente
Ropes
Miscellaneous
Do.
Nanyang Tobacco...
irii!
::
#1
$13 $5.20
1201
Dairy Farmaa
T
15.20
Ch. E'tainment....
$20) 34.80
$1,60.
Constructions, foldji
60 cts
(new) 50. cts.
$8.06
Lane Crawfords...
12.63
Biccerea ...
$5.40
Watsons
d
3. C. Enterprises
18.60 $6.30
$2 $5.35
$1
877.
Uh.G.511925G. Eds.
prom. B
ILK. Gort.
Loans
prem.
Do. Wallace Harper.....!
31%
$1081 $101
350
EK Wing Oo
185
S'ha Do
Vibro Piling
3100 $4.90
(HK)}
40 sta
Paris
28/3 MarsmansTr v. (Lon.)
7/-
Wm. Powells
Sales to Shanghai
LONDON EXCHANGE RATES
Geneva
Berlin
Athens
Milan
Copenhagen
Stockholm Shanghai
New York Amsterdam Vienna
132-57/64
(British. Wireless Service)
Aug. 19
Aug. 21
132 53/84
21.73 12.40
21.721 12.401
94-13/16
94 13/16
il
4.99-1/18 9.041
4.98%.
9.04
Prague
Madrid
Lisbon
Hong Kong
Bombay
1/2-15/16
4.991.
4.9813/16
29.62
29.62
Montreal
Brusseli
Yokohama
Belgrade
Monte Video
Rio
Bucharest
Silver (Forward)
Silver (Spot)
War Loan
În LONDON :-
19-15/16 31% 100-5/16
Closing Quotations
August 23, 1937.
Tolographic Transfer.
Bank Bills, on demand "
Credits. four months'
On Demand
19 15/10
19. 15/16
4
W
MESSRS. ROZA BROS.
Silver prices were
unchanged over" the week-end, the quotations
remaining at 19 15/16 for both 'Ready and Forward. Silver ad- vices reported the market was be- ing featureless.
The London-New York Cross- rate was quoted. at 498,85. New Fork-London was quoted at 499,
MARKET
Dull with no business passing. STERLING There were sellers at 1/2 15/16 August-September and 1/2 29/32 October-December, buyers at 1/3 1/32 Cash and 1/3 for deliveries further forward.
U.S. DOLLARS
There were sellers at 31 1/15 August-September and 31 October: buyers at 31 3/18 August. 31 1/8 September and probably 31 1/18 October. No transactions were re- ported:
SHANGHAI DOLLARS
Nominal
SHANGHAI MARKET
There were sellers of Sterling at 1/2 7/18. buyers at 1/2 1/2 for cash. US Dollars, sellers at 30 1/16, buyers at 30 3/16 for cash.
IN THE AFTERNOON The market was quiet in the afternoon and no business was re- ported.
STERLING
The market closed with sellers
at 1/2 31/32 August-September and 1/2 15/18 October-December. buyers at 1/31/32 Cash and 1/3
40 ots. September-December.
ON NEW fax:-
Bank Billa, on demand 301 Credite, 60 days' might: 313. 'ON BATAVIA:-
Ou demandag-uum 051 ON PAKIS:-
Bank Bills, on demand 822 Credits, 4 month's sight 873
hhh On donand .........
sight
1/3
ON SHANGHAI :----
108
Os Baldon
On demand
ON SINGAPOEN:-
On demand
ON MANILA:
On Japan:...
ON BANGKOK:-
On demand vapen
1051
Bank co demand.
011
On demand
1401 Bovezzraka Bank Buying M
Rate
.1/3 1/16 BAR SILVER, pře os.
19 15/16
Telegraphie Transfer ex
U.S. DOLLARS
The market closed with sellers
Board of Directors. G. Miskin, Esq.,
Hon. Mr. M. T. Jobasoa,
Chairman,
Deputy Chairman,
J. K. Bousfald, Esq., A. H. Compton, Eag.. S. H. Dodwell, Esq., J. R. Masson, Esq
E. S. Morrison, Esq..
Hon. Mr. J. J. Paterson,
T. E Pearce, Esq.,
A. L Shields, Esq.,
Sir Vandeleur M." Grayburn,
Chief Manager.
Branches
MANCHESTER BRANCH: -71. Mosley Street, Manchester.
AGENCIES AND BRANCHES ::
BAIGON
(POR
ALOE STAR LOTEO AMRITBAN BANGKOK.. KARACHI DATAVIA
BOMBAY
KUCHING
SEMARANG
BEBIWAN
SHANGHAI
SINGAPOR
· SITIAWAN
SQURABAYA
TAIPINO
TEETTEN
CALCUTTA CANTON CAYNPORE
GU COLOMBO
KLANG KORE
XUALA
LUMPUR
MADRAB MANILA
TONGKAN
BILHI
VIDAN
HAIPHONG
NEW YORK
TSINGTAO
BAMBURG
PRIPING
BANKOW
HARSIN
(Bhuket)
Amoy
Iloilo
Peiping
Bangkok
Ipob
Penang
Batavia
Johore
Hangoon
Bombay
Kobe.
Saigon
Calcutta
Kowloon
Canton Ohefoo Colombo Dairen
Kuala
San Fran-
Cisco
Lumpur Shanghai London Singapore Lyons Sourabaya Foochow Malacoa Sungei
Haiphong Manila Patani Hamburg Muar Tientsin Hankow (Johor) Tokyo Harbin ... Mukden Tsingtas Hongkow New York Yokohama
Current Accounts opened in Local Currency and Fixed Deposits The Laya Consolidated Mines re- capitalists and big concerns ir periods in Local Currency and received for one year or shorter
cently formed in Pinkian, Nueva Manila.
Sterling on terms which will be The Vizcaya will develop and prospect
Mambulao Lumber Com-quoted on application..
Also up to date Safe Deposit several mining, districts in the pany. with offices at No. 9 Plaza western section of the province. Moraga, will start operating short- Boxes in various sizes To Let.
ly
'Hong Kong. 12th May, 1937. particularly in Pinkian
The Company has two exten- sive and very valuable lumber con- cessions in Jose Panganiban.
The Mountains of Nueva Vizcaya are being combed by mining Camarines Norte. It will supply engineers and experienced pros- lumber to one of the most impor- pectors from
management tant mining districts in the Phillp-
the
BONG KONG SAVINGS BANT
mining companies in Manila. Ac-pines. The construction of buil. HE Business of the above
cording to mining experts the mineralization of the western sec- tion of the province has caused the over-lapping of claims.
Most of these prospectors, it is learned, are nanced by foreign
BRITISH NAVAL PROGRAMME
London, Aug. 22. The British Naval Programme, as outlined in the Sunday edition of the "People," includes four new battleships, cruisers, 6-su- marines. 18 destroyers.
Besides this there are to be 200 Naval airplanes... As soon as the
building orders have been placed, the total number of naval ships under construction will be:
battleships,
5 airplane carriers,
27 cruisers,
58 'destroyers,
24 submarines.
10 torpedoboats,
10 fast torpedoboats, 12.gunboats.
The cost of the execution of this
at 31 1/8 August and 31 1/18 Bep-programme will amount to nearly tember-October, buyers at 31 1/4 200 million pounds... Cash and 31 1/8 September-Octo-fransocean News Serese.
ber."
A. K. STOCK EXCHANGE
YESTERDAY'S OFFICIAL QUOTATIONS
The market was quiet, with a minimum of business passing.
In Manila, prices gave way very allghtly.
BUYERS"
Douglases, $481.
Indo-Chinas (Def.), $43.
Union Waterboats, $9.30.
Humphreys, $9.
Chinese Estates, $90.
Peak Trams (Old), $5. Peak Trams (New), $23. Wm. Powell, Ítd., 40 cts. Constructions (Old), $1,60. Constructions (New), 50 cts. H.K. Govt. 34% Loans, 11% Prm.
GOVERNMENT LOAN
TO CHEKIANG :
Hangchow, Aug. 23: The four National Government banks have signed the agreement to loan $5,- 000,000 to the Cheklang Provincial Administration to relieve foodstuff merchants and needy amall bual- ness enterprises in the province, The emergency period relief loan was requested by the Cheklang Provincial Government a few days ago.
Centrul News
this morning.
dings is nearing completion and the installation of sawmill ma- chinery and other equipment is being pushed intensively. Mr. Sal- vador Ataneta is the president of the Company.
PRESS INTRUSION
INTO PRIVATE LIFE Sir W. Layton And Public Feeling
Sir Walter Layton, in address on
|
Bank is conducted by the BONG KONG & SHANGHAI BANKING CORPORATION. Rules may be obtained on application.
For the HONG KONG & SHANGHAI
BANKING CORPORATION.
V." M. GRAYBURN,
Chief Manager..
·Hong Kong, 1st March, 1937.
BANK OF EAST ASIA, LIMITED.
Authorised Capital ...$20,000,000.00 Paid-up Capital Reserve and Undivided
3,398,600.00 Prote
2,776,726,73
"The Press and Democracy" at the Libeal Summer School at, Cam- bridge said that many critisms of the Press were due to lack of No. 10, Des Voeux Road, Central. imagination, or misunderstanding.
HEAD OFFICE: HONG KONG
Board of Directors:-
"Sir Shouson Chow, Chairman Li Koon Chun, Esq. Li Lan sang, Esq. P. K. Kwok, caq. WongChuSon, Esq. Chan Ching Shek Wong Yan Tong, esq. Kan Ying Po, Esq.
Bung Ping Wah
Esq.
Esq
Kan Tong Po, Esq., Chief Manager. Li Tea Fong, Esq., Manager..
The public had little conception of the speed and strain of daily newspaper production, nor stop- ped to think of the miracle that brought news
from the whole world to the breakfast table. Those In the newspaper profession would be the last to claim perfection. The criticism chlezy applied to what was known as the popular Press was that it was irresponsible in its news, that it had a distorted Amoy sense of news values, that it pan- deret to the lowest tastes, and that those, evils were due to com-1 mercialism and the scramble for al circulation.
Batavia
Branches and agencies :---
TOKOKAMA
(Peking) RANGA
PENANG
HONG KONG RANGGON
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITS "received for Don Year or shorter periods at rates which will be quoted on applica tion.
The Bank's Head Office in Lon- don undertakes Exécutor & Trustes business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained: at any of the Agencies sad Branches.
R. W. BOBERTS,
Manager.
THE CHASE BANK
15, QUEEN'S ROAD CENTRAL
HEAD OFFICE:
18, PINE STEKET,
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, NIW YORE, with Resources over U.S. $2,300,000,000,
D. M. BIGGAR,
Manager.
THE YOKOHAMA SPECIE BANE
LIMITED
Capital (fully paid up)
Уед 100,000,000 ро "Reserve Fund... Yen 132,650,000.00
HEAD OFFICE:-YOKOBAMA
BRANCHES AND ÀÇËNCILI ‘ATV Alexandria Honolulu Rangoon Bangkok Hainking Rio do Batoria Karachi Janeiro
San
Francisco
Los Angeles Seattle
Macile Semarang
Moji
Shanghai
Berlin Koba..
Bombay
London
Calcutta
Canton
ambay
Balcoita Bankoo Halphong Bankow
Kate
Matbourne
Magasaki
Bwatow Nydney Banyan. Tathaku class Testala New York docile Tokyo
Kowloon Penang Boursiya Loaden
Валабор Маля Balgon
Dairen
Semarang Vancouver
Farle Pelping
Shanghai Yokohama
ngapore
(Dalay) Nagasaki Singapore
Fengtien Nagoy Scerabaya
(Mukden) New York Sydney
Hamburg Osaka
Tientain
Tokyo
Tsingtao Tinkow
Hankow Otart After asserting that those critic-
Harbin Paris Every description of Banking Rong KongPeiping isms were over-stated, Sir Walter and Exchange business transacted. Layton referred to the question of Loans Press intrusion and said: "There securities is always at present the danger that a newspaper may be printed to pander to the less noble tastes of the public in the interests of circulation, and it is one to which 1 the journalistic profession as whole is fully alive. Bome time ago there was a protest against what was described at intrusion into private life. Some responsible sec- tions of the profession were grate- ful for and welcoined the expres. sion of public feeling which took place on this sublect. There is no simple remedy in matters of this kind. The cure rests to a large
Interest allowed on Current AG, granted од approved counts.
Deposita
Fixed received for Current Accounts Local Currency and Fixed De application,
opened in Periods at rates to be obtained on. posits received for one year or
Y., KANO. shorter perioda in Local and Foreign Currencies on terms which Hong Kong, 10th March, 1937. will be quoted on application. Safe Deposit Boxes To Let
KAN TONG PO.
Chief. Manager.
tionalism."
BATTLESHIP CHRISTENED
Genoa, Aug. 22.
Manager.
NEW BULGARIAN STAMPS
The
aged in the yard where the ship corner will be a crown. '. They was built. She smashed the tradi- will be in three colours-red, tional bottle at champagne over green, and
blue the bows of the might craft
New Atamps bearing a portrait of the infant Bester
Crown Prince Simeon will be issued in: September.:
THREE-DAY FIRE
Princess Marie Louise, the four- STILL RAGING
In the presence of the King and year-old daughter of King Boris extent in the hands of the public. Queen of Italy, the second of the and Queen Joanns, will figure on Sensationalism pays better so long giant 32,000-ton battleships for a new set of Bulgarian stamps to Shanghai, Aug. 23: The two big as the public will pay for sensathe Italian Navy, the Littorio, was be issued shortly." fires which broke out in the
"launched to-day: Yangtsepoo and Hongkew districts On the question of "buying"
set will consist of four three days ago, are still raging circulation by gifts and other wife of one of the workmen en 27.
The warship was named by the values-1, 3, 4, and 5 levns (id to In the upper left-hand ducements, Sir Walter Layton said The flamer are spreading that circulation attained by such through to Broadway, Kung Ping methods was not of very great Road, Chaofoons Road, Dent Road, value to the advertiser. There was and Tongshan Bond.
no doubt that it would be better In the Hongkew area, the fire is for the Press of this country if that Abbottabad, Aug. 23," sweeping rapidly through ghen- form of competition were greatly The Provincial Government has chiawan, Banchuchts and Hataopo- reduced and the sums spent de-
In October a series of "economie” ordered the removal of the ban on chang towards North Szechuan voted to Improving the quality of Germany certainly did not intend stampe will be placed on sale. Gaffar Khan's entry to the North Road Another fire started at the papers themselves.
to go to war deliberately against comprising 10 values. The set will West Frontier Province, and can- Haining Road and is expected to Dr. Kari Abshagen, London cor- Czechoslovakia. There were indica- depict Bulgarian éxport produce, celled orders declaring that the spread rapidly. southward during respondent to various German tions and hopes that within a including grapes, apples, plums, Congress and allled associations the next few hours, according to newspapers, said in an address on measurable time an agreement melons, and tomatoes. Their de- were unlawful.--
reports.--
the aims and achievements of between Germany and that coun-signs, it is hoped, will encourage Beuter.
Central News
German National Socialism that try might be reached.
interest in Bulgarian exports.
BAN LIFTED