12
DAILY SHARE QUOTATIONS
Sharebrokers'
Hong Kong Stock
Exchange
days alius ||~Balsa
***** 1:11UE
Serial
WEDNESDAY.
Association
Bellurs
Buyers SEPT. 1.
Do.
Salon
Masalan
༑
HONG KONG DAILY PRESS, FRIDAY, SEPTEMBER 3, 1937.
H. K. STOCK EXCHANGE
AND
H. K. SHAREBROKERS' ASSOCIATION
Philippine Gold Mining Quotations
31st August, 1937
cloa.
Time Received clos
0.58. 9.58 10.30 11.4 2.42 3.10 3.45
8
.010.02. .018 ,019
118
63
1 1 1 1
BANKS
HONG KONG AND SHANGHAI | THE CHARTERED BANK OF INDIA
· BANKING CORPORATION
1
Authorised Capital *****.. "₤30,000,000 Issued & Fully Paid-Up #20,000,000 Reserve Funds:-
..£3,500,000
.....$10,000,000
Sterling ... Hong Kong Currency
Reservo Reserve Liability of
Proprietors
AUSTRALIA AND CHINA' Incorporated by Royal Charter 1853
HEAD OFFICE; LONDON:
38. Bishopsgata ECA,
}
.................$20,000,000
Pald-up Capital... Reserve Fund Reserve Liability of Pros
£3.000.000
23.000.000
43.000.000
Head Office:-HONG KONG
Board of Directors...
Chairman.
G. Miskin, Esq.,
Hon. Mr. M.. T. Johnson,
Deputy Chairman.
J. K. Bousfield, Esq.,
.A. H. Compton, Esq.,
S. H. Dodwell, Esq.,
J. R. Masson, Esq.
K. S. Morrison, Esq.,
Hon. Mr. J. J. Paterson,
T. E. Pearce, Esq..
Banka
1,550
H.. Banks
$1,070
Eid
Do. (London) ....
£13
Chartered Banics
813)
£33
Mercantile Bks. "A"
"0"
£15
$101
Bank of East Asia..........
300
N. U. & 8. Barks ....
30th Aug.
Closing Rates
B.
S
321
Insurances
$300
Canton lusarascon,.
$297
Antamoks
1610
Union Insurano ...
$600
Atoke
66
18 21
63 67
83
32
Underwriters
TEK
19
1280
H.K. Fires.c
$380
Baguio Gold
17
17.. 90
15
18
$3
International Ansco, S.
Benguet Consol
9.75 10.00 0.75 10.00
0,50
0,75
Shipping
Benguet Explor
Douglases
148
181
Steambabe
Big Wedge
b B ...13 14
Indo-Chinas (prof.)
Coco Grove...
44 45
3
13
42
11 12
46
43
Do.
(dot.)
$42
Consol Mines
.017 018
100/10) | Shells ...................
envi
$9.30
Waterhoste
39.30
Demonstrations
30
33 40
39
Mining
E. Mindanao
... 14 16
14 1.
12
10/9
Kailans
15/
G. Goldfields
...10 11
10
104
10
11
Itogona
43
51
49
13
I. X. L.
50
56 57
34
Masbaton
‚14 14 12)
13
Min. ResourceS
14
13
14
ww
$9.20
Northern Mining
4 5
4
by
Amoy Bangkok Batavia
50 atz.
Paracale Gumna
22 23 20
Bombay
Kobe
$32
San Mauricio
75
wwww
70
71
65
Calcutta
108
HI
33
Suyoc Consol
21
21 20
19
18
Canton
Kuala
.
Ohafoo
United Paracales
Lumpur Shanghai
58
37 48 50
Colombo
London Singapore
$6.80
Market Comment.
Uncertain E
E
W
YQ.- E S
$35
$102
THE EXCHANGE
$5.90
111
10.10
160
ŞU
*190
$34
00 ets.
$190
eu cts.
Raubs...........
Venezuela Gold Fide. | #4.30
Docks, Wharres,
Godowns, etc.
H.K. & K. Wharten.
Proridents (old)***
Do. (new)
$39.85 H.K. & W. Docks
$168
Shuangdai Docks S
$3) New Engineerings 8.
$6.00 1341
$1024
Lands, Hotels, and'
Bul dings -
H.K. Hotels....... H. Lands.........5. Do. 4% Debentures Shanghai Lands...8. Metropolitan Lands.. H.K. Hoalties.org Chion Dy ...Sı Do. DobenturesS. Humphreya mun Chinese Esta LOS..............
Cotton Mill
$13.60 Ewos
$100 S'ha Cottons(old)S. Do (DOWS.
Zoong Sings ......
Wing On Textilss(S.)
Ewo Colton Rt. S.
Public Utilities
$14.80 Tramways
Peak Trams (old).....] 15.
Do. (now)... 12)
Star Furries *****
Yaumati Ferries
| 313.90] Chins Lighta (old).....}
.Do.
(NOW)...
H.K. Electrics ****
Macao do. **** Sandakan Lights ........
129.80 Telephones (old)...
3124
$15.10
Do. (new) China Buses nek
Tractions OPENI Do. (pref.)......
industrials Caldbeck, jord.) 8. Maogregors (prof.)8.
Canton loss
Cements
Ropes
Miscellaneous
$261 Dairy Fazona bo 16.20
Constructions, (old) $1.60
Do.
$1.60
1:
188
$7
$13,70
180
318
$11.60
14/-
-100
$18.
#17
$2
66.05
⠀⠀
:::
120
$11.45
$118
1993
39
314 $90
$40
MARKET
50
36
MESSRS. ROZA BROS.
نرا
The price for Ready Silver was unchanged yesterday but the "For- ward rose 1/18, the quotations be- ing 19 3/4 and 19 11/18 respective- ly. Sliver advices reported specu- lators as having bought. Offerings were small. After the omcial x- ing the market was steady with $85
buyers at the fixed rate. Ameri- 327
can Silver was quoted at 44 3/4 for $15 $13.30 8pot
$14
200
***
CTOSS-
The London-New York rate was quoted at 498.80. New York-London was quoted at 498. 120.40 5/8
421
$1,30
At
$16
$6,90
Ch. Etainment.......
320) $4.80
(now) 50 eta.
$6,65
Lane Crawfords..............!
Nanyang Tobacco...
$8,00 $8.50
$3.00 $0.40
Sincerea
servi
Watsons...
$5.35
8. 0. Enterprisos ....
$1
97%
CLG.671925G.4 Bda
96%
pren. B
HB. Gorb, 4% Loans $100
Do,
prezz
$101
15
***
$50
678
40 eta.
S'hai
Wallace Karper
HX Wing O...
Do
Vibro Piling......
23 Marsmans I: v. (Lon.)
(HK)
Wm. Powolls
•Sales to Shenghai
LONDON EXCHANGE RATES
Parts Geneva
Berlin
Athens
Milan..............
Copenhagen
Stockholm Shanghai New York Amsterdam Vienna
(British Wireless Service)
Aug. 30
132-53/64
21.844
12.37
94-5/16
Aug. 31 132-53/64 21.831
12.36 #
94-7/16
1/2
1/22
4.96-15/16
4.961
9.011
9.00
1421
1421
Prague
Madrid
Lisbon
Hong Kong
1/3
Bombay
Montreal
4.907
29.46
4.961 29.481 1/2-1/04
Brussels
Yokohama
Belgrade
Monte Video
Rio...
Bucharest
Silver (Forward)
Silver (Spot)
War Loan
!!!
Da Lobos:
191
198
33% 100%
Closing Quotations
September 2, 1937.
Telegraphic Transfer.. Bank Bills, on demala Credits. four months'
sight
On Demand....
ON SHANGHAI
ON SINGAPORE:-
On demand
On JAPAN
On demand
Ex India:--
On New Yonx:—
193 191
נן
MARKET
Steady but very dull.
STERLING
i
No business was reported. There were small seilers at 1/3 Septem ber and 1/2 31/32 October-Decem- ber, buyers at 1/3 1/32 Cash- October and 1/3 November-Decém- ber.
"..."
U.S. DOLLARS
+ }མྦ༔ |:|g | 2 |G1|g। ! æ | |
PHILIPPINE MINING
NEWS
UNIVERSAL EXPLORATION"and | association are Fortunato B. Cruz, Mining Company directors have president and general manager, decided not to dispose of any of Francisco M. Puzon, vice president; the shares of stock of their new and Juana F. Cruz, secretary Issue which remained unsubscribed treasurer. when the subscription perlod closed, insomuch as a sufficient number of...shäres' were subscribed
for by the stockholders within the sald' period, to meet the company's requirements at this time.
THE MIRA MINING Association of Sanchez Mira. Cagayan, will de- velop and explore 100`lode iron and manganese claims on its Sanchez Mira, Cagayan property. Explora- tion Work
started three months ago and development work
SEA
will be undertaken by the manage
ment as soon as the contract and agreement will be signed by the operating and management firm in the city.
The development work on the Sanchez Mira property will bé operated by the Halli & Cruz In- vestments Company, the Bulletin was told. The Mira Mining Asso-
CAGAYAN PROVINCE mining activities resulted in considerable progress during the last seven months of the year. Reymundo Villacete, mining recorder, told the
Bulletin that more than 1.040 min- eral claims have been registered in his office. Majority of these claims are manganese, iron, allver, cop- per, gold, sulphur, coal, chromite and a few petroleum claims. Mr. Villacete stated that the Sierra Madre mountains, Camiguin, Ca- layan, and Langangan Islands are being combed by prospectors and mining engineers who came from Manlia.
Mr. Villacete declared that most of the mineral claims registered in the province are owned by Manila businessmen.. Among those who the have mining Interest. are Bantos Investments; Damaso P. Perez, J. Hemady, Hailili and Cruz Company, Pedro Investments Rubio, Pilar Hidalgo Lim, Luis E.
A. L. Shields, Esq.,
Sir Vandeleur M. Grayburn,
Chief Manager.
Dairea
Foochow
Branches:
Iloilo Peiping Ipob
Penang
Johare. Rangoon
Kowloon
Saigon
cises
priators.... Peyron
MANCHESTER BRANCH: 71. Mosley Street, Manchester.
AGENCIES AND BRANCHES:
ПРОН
ALOR STAR · ILOILO AMBITSAE BANGKOK
BJIGON SEKARANG
HABACE!
DEREMBAN
BATAVIA KLANG
BHANGHAI
BOMBAT
КОВЕ
CALCUTTA KUALA
MITIAWAN
CANTOM
LUMPUR
CAWNFÜRE
KUCHING,
TAIPING
MADRAN
C30
COLOMBO
MANILA
BINGAPORE
BOUBABAYA
KIERTRIE
ТОРОКАЯ.
(Bhuket)
PILAI
MEDAN
HAIPHONG KAMBURG
KEW TORE
ΨΥΧΟΓΙΟ
PRIPING
MAXIDW
KAZEIN
TOKOHAMA
(Peking) BOANGA
PENANG
SOODATE ONDE GROH
FOREIGN EXCHANGE and General Banking Business transacted. San Fran-
CURRENT ACCOUNTS opened and FIXED DEPOSITs received for Ons Year or
shorter periods at rates which will be quoted on applica tion.
Lyone Sourabaya Malacca Sungai
Patani
Haiphong Manila -
Hamburg Muar Tientsin Hankow (Johore) Tokyo Harbin Mukdeo Tsingtao Hongkew
New York Yokohama
in
Current Accounts opened 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 SAVINGS BANK
The Bank's Head Office in Lon don undertakes Executor & Trustes [business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained: at any of the Agencies and Branches:
R. W. ROBERTS,
Manager.
THE CHASE BANK
15, QUEEN'S ROAD CENTRAL
HEAD OFFICE:
HB Business of the above An
Bank is conducted by the HONG KONG & SHANGHAI BANKING CORPORATION. Rules may be obtained on application,
For the Hong Kong & SHANGHAI
BaxxING CORPORATION:
V. M. GRAYBURN, ..
Chief Manager. Hong Kong, 1st March, 1937.
BANK OF EAST ASIA, LIMITED."
18, FL STREET,
NEW YORK.
American Bank offering com- plete Foreign Bankin, Sarvica In the principal Markets of the world.
Interest Rates on Application.
SAFE, DEPOSIT BOXES
This Bank is entirely owned by THE CHASE NATIONAL BANK, Now YOBE, with Resources over U.S. $2,500,000,000.
D. M. BIGGAR,
Manager.
Authorised Capital $10,000,000.00 | THE - YOKOHAMA SPECIE BANK
LIMITED 5,596,600.00 Nothing doing. There were sel-
Paid-up Capital Reserve and Undivided lers at 31 1/16 September, 31 Oc-
Proft's
2,776,728.70 Capital (fully paid up) tober and 30 15/16 November, buy-ciation is capitalized at P2,000
Yen 100,000,000 00 ers at 31 1/8 Cash, 31 1/16 Octa- which the operating and manage-
HEAD OFFICE:-Hong Kong Reserve Fund ... en 132,650,000.00 ber, 31 November and 30 15/16 ment firm will develop on proft Quintero, Teodoro Arvisu, Blen- No. 10, Des Voeux Road, Central.
sharing basis. The officers of the venido Rillo, and W. E. Dosser.
December.
SHANGHAI DOLLARS Nominal at 104.
SHANGHAI MARKET
265
Easier. There were sellers of $100 Sterling for Spot at, 1/2 11/32 SLX
buyers at 1/2 3/8 US Dollars, sellers at 29 11/16, buyers, at 23 40 ota. 3/4 for Spot.
-31% 100-7/16
Bank Billa, on demand 30) Credits, 60 days' sight. 31) ON BATAVIA:-
On demand
55 0/18
OF PARIB:-
Bank Billa, on demand 829 Credits, month's sight 873 ON BAIGON
1/35
100
On demand
52
ON MANILA:---
106 OF BANGKO
Telegraphie Transfer... }32
Berk on demand.......
B1
On demand ...................................... bij
On demand...
Sovrekiona. Bank Buying
Bate
BAR FILTER, per au
14P
1/31/18
JI
IN THE AFTERNOON The market was quiet in the afternoon.
STERLING
BUSY HONG KONG
j
|
enter the harbour, Several impor- tant British, French, and Japanese companies use the port and the C.P.R. and American Dollar Une maintain trans-Pacific communi- cation..
"
Esq.
Board of Directori;— Sir Shouson Chow, ChairmLAN. Li Koon Chua, Esq. LI Lan sang, P. K. Kwok, q. WongthuSon, Esq. Wong Yun Tong, Maq. Kan Ying Pu, &aq. Chan Ching Shek, FungPing Wah, Esq
HEAD OFFION:-YOKOHAMA
BRANCHES AND AGENCIES AT ? Bangoon
Janeiro
Alexandria Honolulu Bangkok Heinking Rio do Batavia Karachi Esq Berlin. Kobe
Bombay Loudon Calcutta Canton
Kan Tong Po, Esq, Chiel Manager. Li Too Fong, Esq., Manager.
Branches and Agencias --
Kowlooo Penang
Amoy
Batavia
Bombay
Daleutia
ferry-
Canton
The decision of the P. and O. to stop its passenger and mail liners calling at Shanghai (except for evacuation purposes) will doubtless be followed by other shipping The main channel between Hong companies. The main reason is Kong island and the mainland one of insurance cover.
ziarrows from about a mile in Most of the cargoes for Shang- | width to a quarter of a mile. Every hai will be discharged at Hong kind of craft congregates in this.
This port
become waterway-liners, tramps The market closed with sellers Kong. at 1/3 September and 1/2 31/32 seriously congested if hostilities boats, pachts and sampins. October-December, buyers at 1/3 continue for any length of time. 1/32 Cash-October, and 1/3 No-In, respect of tonnage in and out vember December...
it is one of the largest ports in the world. All its most flourishing in- dustries are connected in one way or another with shipping, such as docks and warehouese, banking and insurance.
U.S. DOLLARS
The market closed with sellers at. 31 1/16 September 31 October. 30 15/16 November and 30 7/8 De- cember, buyers at 31 1/8 cash, 31 1/16 October, 31 November and 30 15/18 December.
SHANGHAI DOLLARS" Sellers at 104 1/2 for Spot.
J
TIME-SELLING
MAY BECOME
BIG BUSINESS
The speaking clock that tells the time to. Londoners has answe- red 13,300,000 calls in its first year of operation. Taking the minimum charge as a penny per call and applying an elementary principle "of arithmetic, we find the clock has earned £55,416 in 12 months. The clock is now answering 300,- 000 calls. day, and it is clear that its first year's earnings are not particularly inflated by the novelty of the idea,
: Londoners have proved them- selves much better customera of the speaking clock than Parisians, The number of people who sing up Odeon 84-00 for the purpose of ascertaining the time is only 80.000 a week.
may
IN THE NARROWS In a normal year over 100,000 vessels. total tonnage 43,000,000,
Si
Raphong
London Bangoon
Mantia
Melbourne
Nagasaki Saw York
Haigon
KAN Fran-
Bourabaya
dwalow Bydary Talboxu
alan Tentain
Zakro
Sentin
Semarang VasoOULTRY
Dairen
San
Francisco
Los Angeles Seattle Manila Semarang Moji. Bhanghai
(Dalny) Nagasaki Singapore
Fengtian Nagoya Soerabaya
(Mukden) New York Sydney
Hamburg Osaka
Hankow
Harbin Paris
Piping
Shanghal Yokohama it agyon
Hong KongFeiping
Hankow Honefulu Pucia Kobe
Tiontain
Tokyo
Tringtso
Yinkow
Interest allowed on Current AC-
Fixed
Every description of Banking counts. and Exchange business transacted: Parinda at rates to be obtained on Loane granted
spproved
Deposits
application.
received for
Y. KANO,
Manager,
AFFECTING THE CRUISES Although the trouble in the Far East does not yet affect the sche- dule of round-the-world cruises. arrangements for future cruises securities- have to be made several months Ourrent Accounts opened in in advance, and if the war is pro- Local Currency and Fixed De Hong Kong, 10th March, 1937. longed Shanghai and possibly posite received for one year or and other Far Eastern ports, might shorter periods in Local
Foreign Currencies on terms which have to be omitted.
will be quoted on application. Safe Deposit Boxes To Let
KAN TONG PO,
Chief Manager.
Over 1000 dead were found as a result of the bombing of the Great World, Avenue Edward VII and Yu Ya-ching Road cor- ner. The above photo shows a portion of the huge number of coffins.
SALVATION" BOND
ISSUE
"MORE OVERSEAS. MONEY
Nanking, Sept. 2: Overseas money again overshadowed domes- tic donations to the national war chest in a report made here yester- day,
Chinese in Malaya and 36 Chi- Shanghai, Sept. 2: The Bank of nese organisations in various com- China has subscribed to $100,000,munities in the South Seas have 000 of the $500,000,000 National donated further sums amounting Salvation Bond issue yesterday. to nearly a quarter of million The China Development Finance dollars to the national war chest Corporation, the Bank of Canton, during the past few days. and other banking institutions Donations from Chinese.. in have jointly subscribed to another Penang accounted for $105,000,- $100,000,000.
and the Singapore community Mr. T. V. Soong, Chairman of gave another $100,000.- From ' the Board of Directors of the other places in the South Beas, the Bank of China has personally $23,198, subscribed to $50,000 while Mr. From places in China, Nanchang, Sung Han-chang, manager of the Bank of China, has; bought #21- 000 of the new bonds.
These purchases alone 'account for more than 40 per cent of the issue being subscribed- Central News,---
donations lead with $10,000, Mr. Hsieh Wen-ching of Blan has sent a personal donation of $3,000. A
A Chinese merchant from `Japan who is Living a retired life in Swatow, has donated $1,000.---` Central News.