'DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Sharebrokers'
Association
WEDNESDAY. AUGUST 25,
Ballara Hayere
Bale om/da
******
*
Banka
$1,850 H.K. Banks,
£97
£33
£15
$101
$300
$810
پور
1220
-13
Bo. (London) *** Chartered Banks Mercantile Bks. "A"
Do.
"O"
Bank of East Asia...
N. C. & 8. Barks
Insurances
Canton laskracise...
Union Insuranos .......
UnderwriterN
H.K. Fires....*********
International Assce. S.Į
Shtipplag
Douglas....... 1481
Steambas
Indo-China (pref)
⠀⠀⠀⠀⠀! HUT
HONG KONG DAILY PRESS, THURSDAY, AUGUST 26, 1937.
H. K. STOCK EXCHANGE
AND
H. K. SHAREBROKERS' ASSOCIATION
Philippine Gold Mining Quotations
194
$1,650
£07 213
2 th August, 1937
£33
#
4
£15
199
$3rd Aug. Closing Rates
་་
Tione Received
B.
8.
clas.
0.50
9.80 10.27 11.10
2.40 3.08
clos
3.40
191
#207
Antamoks
73 74
79
2004
та
1600
Atoka
20
H
To
st
37 $280
Baguio Gold
184
18
19
Benguet Consol 10.95 10.50 19.25 10:30
+3
.02
BANKS
HONG KONG AND SHANGHAI, | THE CHARTERED BANK OF INDIA
BANKING CORPORATION
Authorised Capital
... $50,000,000
Issued & Fully Paid-Up $20,000,000 Reserve Funds: --
Sterling
......£8,500,000
Hong Kong Currency
Reserve
Reserve. Liability of
Proprietors
AUSTRALIA AND CHINA Incorporated by Royal Charter 1853
HEAD OFFICE: LONDON: 38. Bishopsgate. EC.2.
$10,000,000 | Paid-up Capital
Roberve Fund. $20,000,000 ↑ Reserva Liability at Pra
prietors
Head Office:-HONG KONG
Board of Directors. G. Miskin, Esq.,
Chairman.
Hoa. Mr. M. T: Johnson,
Deputy Chairman.
J. K. Bousfeld,” Esq., A. H. Compton, Esq., .S. E. Dodwell, `Esq.,"
J. R. Mason, Esq.,
K. S. Morrison, Eau..
Hon. Mr. J. J. Paterson,
T. E. Pearce, Esq.,
AL. Shields, Esq.,
Sir Vandeleur M. Grayburn,
Chief Manager.
£3.000.000 £3.000.000
£3,000,000
MANCHESTER BRANCH: " 71. Mosley Street, Manchester.
AGENCIES AND BRANCHES:
IL0110 ALOR STAR
KLIGON AMRITSAR irun
SEMARANG KARACHI BANGKO BATAVIA
BOMBAY CALCUTTA CANTON CAWNPORE C30
BEREMBAN
SHANGRAI
BINGAPORE
BOURADATA
KLANO
CORE XUALA
SITIAWAN
LUMPUR
KUCHING
TAIPING
MADRAS
COLOMBO DELHI
MALLA
TONGKAR
MADAN
NEW YORK
TRINGTAD
HAIPHONG BAMBURG BANKOW
TIEKTRIN
(Bhuket)
Benguet Explor
9 A
47
18
195
Big Wedge
13 B
134
ទ 15
151
$61
Coco Grove...
50
48
30
60
$43
Du. (def.)
541
Consol Mines
.041
021 099
-
110/-
Start
11/
Wh
$9.30
&Lerfasn
19.30
Demonstrations
45
44 45
+
Mining
E. Minxinaao
16 B
13
16
18/.
Kailans .......
20/6
G. Goldfields
11
10
11
10
L}
SIE
***
311.45
13
Venuzaola Uusid Pida.) $4,30
Itogons
80 6%
60
36
G
57
I. I. L.
69
61
62 CO
50
E
50
Docks, Wharves,
Godawns, etc...
Masbates
78 17
16
17
10
..
⠀ ⠀ ⠀ ⠀ ⠀ ⠀⠀
#2
16.00 st
$11
$90
$120 422
0 ct..
132.8
$8
H.K. & K. Wharton.
Providente (oki) ...)
Do.
(DOW)
1.K. & W. Docks Shangai Docke 9.
$31 New Enginerings 8.
18.10
Lands, Hotels, and
Bui dings
H.K. Hotels
H. Lands.......... Du. 4% Debentures; Shangai Lauds...8. Metropolitan Lands..
H.K, altix9..................... China Da......S.) Do. Deventurons. Humphreyan Chiness Extas
Cotton MIL
$13.80 Ewoe ........
!!!
$140
Min. Resources
18
15
151
$2.20
Northern Mining 11
44 53
པར་
30 *#.
Paracale Gumaus ...
20
23
30
$321
San Mauricio
91.
02
94
$108
$3
Suyoc Consol
241
24)
Sh
United Paracales
67
46 68
$6.85
· Market Comment,
S
4
Q
135
3102
85,93
$1.60
BO cta
40 ota,
prem.
!
:
160
:
$9
314
$ICO
S'hat ColtonsfoldƒS.
$90
Do (0
134
Zoong Singe. S.
$31
480
Wing On Textiles(S.):
140
Ewo Cotton Rts. S.
Public Utilities
$14.60 Tramways ..............................***
$141
Poak Team (old) ...
15
186
Dor (now)... $2 Star Furries
$85
40
Yaumati Forries
·2
#13
| 113,70)
Do.
184
BLAR
(new)...
$13.90 China Lights (old)...)
H.K. ElectricH...................
Macao do.
Sandakan Ligita ........
$29.60 Tolophones. (cld) ....
$11.60
Do.
(new)
$12
China Bazos...... 3.
94/.
Tractiona
23-
# Do. (proli)
Industrial
F16
Caldbeck, aru.) 8.
$17
Macgregors (prof.)8.
12
Canton Ice
$15,101 Comenta
Ropesuraui
Miscellaneous
Dairy Farma
Constractions, (old)|
Do.
Nanyang Tobacco...
Bincares
****
THE EXCHANGE.
MARKET
MESSRS. ROZA BROS
The price for Ready Silver drop- ped 1/16 yesterday but the For- ward rate Was unchanged. the quotations being 19 7/8 and 19 15/16 respectively. Silver advices reported India as having bought, Speculators sold. The market was
S'ier Eier VD Sier $
PHILIPPINE MINING
NEWS
J. H. Marsman and Major A. Beckerleg, president and director respectively of Marsman and Com- pany and of Marsman Investments.
on has returned Limited, President Hoover after a brief business trip to Hong Kong.
Company, Inc.,
Glo-Co
the
Branches: Iloilo
San Fran
PRIPING
TOKOZZAMA
(Faking) #gumnDAN GA PENANG
HONG KONG RANGDON
#
BAR IN
Amoy
Peiping
Bangkok
Ipob
Penang
Batavia.
Jobore
Rangoon
Bombay
Kobe
Saigou
Calcutta
Kowloon
Canton
Kuala
1.
Cisco
Chefoo
Lumpur Shanghai
Colombo
Foochow Malacos
Haiphong Manila
Sungei
Patani
Tientsin
Dairen
Loudon Singapore
Lyons Sourabaya
Hamburg Muar
Hankow (Johore) Tokyo Harbin Mukden Taingtas
New York Yokohama Hongkew
Current Account" opened in Local Currency ka
kxed Deposits received for one year or shorter
business: necessary and incidental periods in Local Carrency and thereto
Sterling on terms which will be quoted on application.
FOREIGN EXchange and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or
rater shorter periods at which will be quoted on applica tion.
The Bank's Head Office in Loo dón undertakes Executor & Trustee business, and claim, recovery of British Income Tax overpaid, oo terms which may be ascertained at any of the Agencies and Branches
BW. ROBERTS,·
Manager.
THE CHASE BANK
Also up to date Safe Deposit 15, QUEEN'S ROAD CENTRAL Boxes in various sizes To Let. Hong Kong, 19th May, 1937.
HONG KONG SAVINGS BANK
HEAD OFFICE:
i
15, PINE STUKËT,
NEW YORK
'quiet, After the official Axins called a special meeting of stock 20-ktowatt bulb which is kept HE Business of the above An American ing & vice.
there were small sellers at the rate. American Silver was quoted $13.30 at 44 3/4 for Spot.
**
$29.40 4:1.30
+
#
$0.05
$16 $5.20
120]
15.20
Ch. Etainmoats......
$281 $4.80
30.08
Lane Crawforts,......
(now 50 cta.{
$8,60
$0.80
12.60
33+
$5.40
977
Watsonsutame * 3. C. Enterprises Ch.G.5%19250,Bra
$1.30
31
80%
pren. 84%
H.B. Gort 4% Low
$105
Do, 31%
$101
Wallace Harper
$50
BLK Wing Of
165
B'ba. Do
14
$100 $4.90
7/-
(H.K.)
Vibro Piling
25- Maramans Ir v.(Lon.))
Wm. Powella
•Sales to Shanghai
LONDON EXCHANGE RATES
Parle Genava Berlin
Athens
Milan
Copenhagen
Stockholm
Shanghai
New York
Amsterdam Vienna Prague Madrid Lisbon...
Hong Kong
Bombay
Montreal
Brussels
Yokohama
Belgrade
Monte, Video Rio
Bucharest
-Silver (Forward)
Silver (Spot) War Loan
Da Loxpox: ----
***
140 ats.
The London-New York cross- rate
was quoted at 498.82. New York-London was quoted at 408.- 9/16.
MARKET
Steady but quiet.
STERLING
Nothing, doing. There were sel- lers at 1/3 August-September and 1/2 31/32 October-December, buy- ers at 1/3 1/32 for Cash-October and 1/3 November-December.
U.S. DOLLARS
Sellers at 31 3/16 August, 31 1/8 September and 31 1/16 October, ubyers at 31 1/4 Cash-September and probably 31 1/8 October. No transactions were reported.
SHANGHAT” DOLLAES Nominal at 103.
SHANGHAI MARKET There were sellers of Sterling for cash at 1/2.15/32, buyers at 1/2 1/2 for cash. US Dollars, sellers
at 30 1/16. buyers at 30 1/8 for cash.
H. K. STOCK EXCHANGE
YESTERDAY'S OFFICIAL QUOTATIONS
The market was quiet.
(British Wireless Service)'
i
Aug. 21
132 53/64
21.721
12.404
Aug. 24 132-53/64 21.714 12.40
94 13/16
943
1
1/21
Douglases, $481...
4.981
4.98-21/32
9.04
...031
Indo-Chinas (Def.), $43." Union Waterboats, $9.30.
Humphreys, $9.
143-3/16
4.9813/16
29.62
4.08-11/10 29.611
19 15/16
19 15/16
Closing Quotations
August 25, 1937.
Telegraphic Transfer..
Bank Billa, on demand Credits four months'
sight
OX SHANGHAL!--
On Demand
ON NEW YORK;—
ON BATAVIA:-
19-15/16 191 34% 100-7/18
In Manila, prices were maintain ed in a market likewise steady.
BUYERS
Chinese Estates, $90.
Peak Trams, (Old)...$5.
Peak Trams (New), $21.
Wm. Powell, Ltd., 40 cts. Constructions (Old),"$1.60. Constructions (New), 50 cts.
FOREIGN VISITORS
Balanga; Power plant Co. cus- tomers are starting a movement to petition the management for a lowering of the rate of 30 centavos a kilowatt hour to 20 centavos. has to petition the management for a
holders for the purpose of voting lighted by
Lhe user during the on proposals to change the number whole night, consuming 240 watts and par value of shares from 500.-
a night of 7200 watts a month, the 000 shares of one peso each, to 5,000-, regular charge is P1.10 or about 000 shares of ten centavos each, P.18 per kilowatt, while those using and to change the purposes of the meters pay P2.40 a month for eight corporation so as to confine them kilowatts or less. The demands of o the dealing and manufacture of the petitioners, are being consider- pharmaceutical products and other led by the management.
REICHSMARK
QUOTATIONS
Berlin, Aug. 24. The Reichsmark Was quoted. without guarantee, at:
New York, 40.23. Paris, 1072.-- Amsterdam, 72.85 to 72.89. London, 12.305.
Parla sterling. 132.84 to 132.87. Paris U.S. dollars, 20.6425 to 23.0475;—
l'ransocean News Service.
CHINESE CANCEL
JAPANESE ORDERS
Shanghai, Aug. 25: Orders for goods
and other manufactured products with an aggregate value of
to
GERMAN ARRESTED
IN MADRID
Madrid, Aug, 24, The police have arrested Frau Marta Urmann, who is said to have hoarded in her apartment
Bank is conducted by the BONG KONG & SHANGHAI BANKING CORPORATION. Rules may be obtained on application.
For the Hong Konɑ & SHANGHAI
BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 1st March, 1937.
BANK OF EAST ASIA,
· LIMITED.
Authorised Capital $10,000,000.00 Paid-up Capital ... 5,088,000.00 Reserve and Undivided
Profits....... 2,776,798.78
HEAD OFFICE:-HONG KONG
60 kilos of silver and 20,000 pesetas No. 10, Des Voeux Road, Central. In banknotes. Previously Marta Urmann had in no way hidden her sympathies with Nationalist Spain.
I
2
Board of Directors :- Sir Shouson Chow, Chairman
plete Foreign Banking
iu the principai Markets of the world.
'interest Bates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by THE CHASE National Bank, NIW YORK, with Resources over U.S. $2,500,000,000.
D. M. BIGGAR,
Manager
THE YOKOHAMA SPECIE BANF
LIMITED
Capital (fully paid up)
Yan. 100,000.000 Reserve Fund... Yen 132,350,000,00
HEAD OFFICE:-YOKOHAMA
BRANCHES AND AGENCIES AT: Li Koon Chun, Esq. Li Lan cang, Esq. Alexandria Honolulu Rangoon
Rio do P. K. Kwok, sq. a green
WongChaSon,aq Bangkok Hsinking
Karachi Wong YunTong, aq. Kan Ying Yu, Esq. | Batavia
Janeiro rung Ping Wah, Berlin Kobe San Chan Ching Shok.
Esq.
Eaq Bombay London Francisco
Calcutta Kan Tong Po, Esq, Chief Manager. Li The Fong, Esq., Manager.
In another search at grocer's stores a packet of securi-
ties was found, belonging to the former Minister Melquiades Alvarez. The police are now trying to find out who had hidden them—. Transocean Yewa Service.
Canton
Los Angeles Seattle Manila Semarang Shanghai
Dairen Moji
(Dalny) Nagasaki Singapors. Fangtien Nagoya ..Soerabaya
(Mukden) Now. York Sydney
Hamburg Osaka
RADIO EXHIBITION
Amoy
Batavia
Bombay
Calcutta
London, Aug. 24
Clanken
„Brancha and Agencies ;--
Koricon Petang Sourabaya London Rangoon. Bwatow Mazlla Saison by cosy Mokourne Sad Prine Tilboku
visor Tlentada
Tientsin
Hankow Qtaru
Tokyo
Hundred of workmen will be ep-
Kalpbook Bankow Hosalula Kobe
Ujalka
Pazia
Peipit
Tokyo Semarang? Vancouver Shanghal Yokohama
ngapore
Harbin Paris
Tsingtas
Hong KongPeiping
Yinkow:
Interest allowed on Current Aç ́ counts.
New York Seautie
Every description of Banking
Accounts
:
somé $470,000,000, placed by gaged all night in putting finish- Chinese merchants and arms withing touches to the Radlo Exhibi- Japan, have been cancelled since tion which opens at Olympia to
Deposita received for Fixed morrow morning. Worldwide re-
and Exchange business transacted. Periods at rates to be obtained on the opening "of hostilities in Shang-
and television are the Loans
on granted hai, according
informationception
approved application,
Y. KANO, emanating from reliable quarters features which will be emphasised securities. Current by the exhibitors on five miles of here.
Manager. opened in It is claimed that the cancella-stands showing 5000 sets of which Local Currency and Fixed De Hong Kong, 10th March, 1937,
2800 will be "all wave" and 25 posits received for one year or tion of this huge sum will deal a
Local and EXCHEQUER television receivers. Television will shorter periods in severe blow to Japanese business.-
be demonstrated in 14 theatres. Foreign Currencies on terms which Ventral News
will be quoted on application British Wirelesu.
Safe Deposit Boxes To Let
KAN TONG PO.
Chief Manager.
JAPANESE WARSHIPS FLY BRITISH FLAG
Shanghai, Aug. 24.
BRITISH MOTOR INDUSTRY
London, Aug. 24. It is reported that when the
The total output of the British *Japanese flagship Idzumo was motor industry for the nine months H.K. Govt. 34% Loan, 14% Prm.proceeding to Woosung with the ending on June 30 was 308.034 pri- Japanese fleet to take part in the ivate cars and taxis and 91,125 com- attempted landing of Japanese mercial vehicles representing 11 troops at Chang-wha-pin and per cent. increase in output in the 8ze-tze-In, one of the Japanese corresponding period to June 1986. | warships was noticed to By a Brl-whien was itself a record.
tish flag.
These figures reflect not only highly prosperous conditions for the motor-industry Itself but for the country generally.--
British Wireless.
TO BRITAIN
London, Aug. 24. Figures of the number of foreign
As the Japanese troop-ships have visitory to Britain for July issued been guilty of a similar ruse, the by the... Home Office continue to matter has been brought to the show an merease over last year.notice of the proper authorities.
Excluding numerous visitors from Chiness Evening Frem. the Dominiorë, whose arrival are
JAPANESE LOSSES
"
Shanghai, Aug. 24. Since the outbreak of hostilities
has
709 holiday visitors to Britain in at Shanghai, it reported that July and 8,580 visitors on husiness, Japan's war expenditure totalling 77,340, pinging a total reached the enormous amount of increase of 3,089 over July last over $100,000,000.
Bank Billa, on demand 30% Credits, 60 days' night. 318
not recorded' at ports, and week-
Op den and
251
end and day excursionists from France and Belgium," there were 68.-
ON PARIS:-
1/2
Bank Bills, on demand 822 Credits, & month's sight 872
103
ON SAIGON:----
'ON BINGATOR:-
On demand.
On demand
522
·OF MANILA:-
ON JAPAN:-
On demand
1051
E INDIA-
Bank, on demand-
Telegraphie Transfor......
On demand ...
OF BANGKOK →→
Du demands starosti 1881. BOYREXIONS Bank Buying
.. Bate
~1/31/16 Ban Biover, pne on siin 197
year.
The principal increase was in holiday visitors from the United States who numbered 25,362 as against 22,524 in July last) British Wireless,
Besides over 10,000 men killed, Japan has also lost over sixty ya planes, and four warships sunk and eight damaged by the bombs of Chinese planes Chinese. Evening Pres.
JAPANESE BOMBER SHOT DOWN
SALVATION BONDS
RETURNS
London, Aug. 24.
An Increase of over 12 per cent in the yield of income tax last week compared with the corres- ponding week of 1936 is the feature of the Exchequer Returns, which show that the total of ordinary Nanking, Aug. 24. The Government has appointed revenue amounts to £245,004.532* Soong, ex-Minister of Finance, to corresponding date of last year. a committee headed by Mr. T.V. compared with £236,225,519 at the
This week's total of ordinary re- promote the sale of Ave hundred million dollars of national salva-venue at £17.852,488 was £843.463 tion bonds" redeemable in twenty in excess of the total for the cor-
responding week of last year.
The total expenditure less self- balancing items was £322,311,833 compared with £300,340,012 at the corresponding date of 1938.
years.
Reuter.
STOCK EXCHANGE AT STANDSTILL
London, August 23. A feature of the very quietest dealings in the Stock Exchange was the marking down of Japanese bonds by three and four per cent, Nanking. Aug. 24.
the market being nervous' about It is officially announced that the latest Japanese financial de- nine Japanese bombers carried out velopments. Chinese bonds eased a night raid on the capital and two per cent but the market war dropped fifteen bombs outside fat and business was almost" at a Kwanghuamen. One of the Japa- standstill. The Far Eastern situa nese bombers was shot down south tien continues to hang over busi- of Chuyung.. afteen miles from ness and other sections of the
Chinese Nanking by
pursuit Stock Exchange. planes. Reuter
Reuter.
The floating debt outstanding at August 21 was £884,535,000, which shows an Increase of £186,405,000! since March 31 and compares with £822.225,800 at August 1036,- British Wireless.
RADIO TELEPHONE SERVICE
Kuala Lumpur, Aug. 24)
A transmitter is being erected here for a radio telephone service to Britain and other parts of the world Reuter's Bulletin Service.
..