$1,560
$1,670
| $1,670||
£18
213
233
EID
$30
N. O. & S. Backs
$526
i i
3976
1630
$12
Underwriters
;
3205
H.K. Firest
12
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Bayara Vallera
Sen Nouns
Sharebrokers'
MONDAY. OCTOBER, 4.
Banks
H.K. Banks.......... Do (London)... Chartered Banks
Mercantile Bks. “A”
Du.
"
Bank of East Asia......
Association
Buyers
Mellore
contra
!!!!!
£13
£334
£10
-191
J2
$281
1586
12
$370
104
Insurances
Canton Ingarangay..
Union Insurances ...
International Assco. 3.
.-Alpping -
7481
Douglstea
1481
31.
Stenab vit
$51 $43
Indo-Chinas (pref.)
Do.
(dof.)
$51 SAN
104/4
Shella...............
19.30 Watarhonte
Mining
18/0
Kailans 30
16/B
1101
Raubs
15
Venezami Gold Flds: 4.30
$10
Docks. Wharves,
Godowns, etc.
$2.05
::་སྒྲོ་:་
-31 13
Jai et
H.K. & K, Wharves.
Providents (old)
Do. (now #40 ot.
ALK. & W, Docks
Shangaai Docks 8-)
$5.35
$30
$140
New Engineerings N.
Lands. Hotels, and
Buidings
1.K. Hatels
H.K Lands.......... Do. 4% Debentures Shanghai Landa...S.. Metropolitan Lkoda..:
#4.70 H.K, toalties....
China Du
Sa
Do. Debenturess.j Humphreys
Chincue EsustON.
Colton Mill
14/1 39.30
$114
$9.07
$108 $3
$3.40 $30
$102
+
84.70
HONG KONG DAILY PRESS, TUESDAY, OCTOBER 5, 1937.
THE EXCHANGE
MARKET
MESSKS. ROZA BROS
Silver prices rose over the week- end to the extent of 1/16 for Ready and 1/8 for Forward, the quotations being 19"7/8 and 19 13/10 respectively. Suver advices reported a little speculative buy- ing. Sellers were reserved. The market was steady.
The London-New York cross- rate was quoted at 495.58. New York-London was quoted at 495.- 7/10.
Very quiet.
MARKET
STERLING
There were sellers at 1/3 Octo- ber-December and probably Janu- úry and 1/2 31/32 February, buy- ers at 1/3 1/32 October-January and 1/3 February."
U.S. DOLLARS
There were sellers at 31 October. 30 15/16 November-December and 30 7/8 January, buyers at 31 11 Cash-December
and 31 January. No business was reported.
"SHANGHAI DOLLARS Sellers at 104 5/8 for Spot.
SHANGHAI MARKET
There were sellers of Sterling at 1/2 5/16 tor Spot, buyers at 1/2 3/8. US. Dollars at 29 9/16. buy ers, at 29 5/8 for Spot.
IN THE AFTERNOON The afternoon market was quiet.
U.S. DOLLARS
The market closed with sellers at 1/3 October-December and pro- bably January, and 1/2 31/32 February, buyers, at 1/3 1/32 Oc- toher-January and 1/3 February. STERLING
The market closed with sellers at 31 October, 30 15/16 November- December and 30 7/8 January. buyers at 31 1/16 Cash-December and 31 January,
།
H. K STOCK
NEW YORK STOCK EXCHANGE
"Through Reuter's Service)
Now York: October a.
QUOTATIONS
New York/London Cross rate New York Cotton-Dee. New York Rabbor-Sept. Chicago Wheat --Sept. Chicago Corn -Supt. Winnipeg Wheat-Out, Silver-Ufficial
1936/7
LAAL
Today's High Low Clan Close
*.28
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
Hong Kong Currency-
Reservo SSKEST
Reserve Liability of
Proprietors
..2 6,500,000
AUSTRALIA AND CHINA Incasperated by Royal Charter 1933
HEAD OFFICE: LONDON: 38, Bishopsgate E.C..
£3.000.000 £3.000.000
£3,000,000
$10,000,000 Paid-up Capitat.
Reserve Fund. Reserve ability of Pro-
-,...$20,000,000
Head Office:-HONG KONG..
prietors
MANCHESTER BRANCH: 71. Mosley Street, Manchester.
Change
b.
8.17 17.75 17.70 1773 109 107 107 612 63 63 197) 120 128
4.95-7/16 495-7/18 unch,
8.18 17. 3 1081
S
A of unch.
up..
63
↑ up 127) 1 up
unquoted
Oct 1.
153.80
40.69
21.03
High Low Close Change 154.37 183.43 104.05 41.18 40.43 41.03 $4.13 23.96 21.06
.19 up .37 up .03 up
Hon. Mr. M. T. Johnson,
Deputy Chairman. | AMRITSAR
07.04
68.09 80.29
.18 up
J. K. Bousfold, Esq., A. H. Compton, Esq.,
S. H. Dodwell, Esq.
High Low Dow Jones Averages, 194.40 147,38 30 Industrials,
6146.32.93 20 Raile 37.54 22.77 20. Utilities 105.89 97.CO 40 Bonds
82.44 65.08 11 Commodity ladez 62
Stocks Adams Express Allis Chalmers Amer. Can
THANK
Am. Car & Foundry Amer. Cyanamud .... Amer. & For. Power
"
Lust Sale
Oct. 1 2
123 123
55
991
281
51
Amer. & For, 37 pf 33* Amer. Locomotive 29 Amer. Metals ... 38 Amer. Radiator Amer. Rolling Mill.. 317 Amer. Smelting
141
692
Amer. Steel F"dries.. Amer. Sugar .....................
1614 Amer. Tel. & Tel... amer, Tobacco "B" 78 Amer. Waterworkk Anaconda Copper Atchison, T. & 3. Fe. Atlantic Reaning ... Atlas Corpn. Auburn Motors ...... Baldwin Locomotive
$7 cum. pr. Baltimore & Ohio... 17 Barnsdall Ol
36
141
ATH
397 £7
239 12
13t
18
Bendix Aviation
Bethlehem Steel
093
Boeing Airplane
24]
Borden Co.
211
Briggs M'facturing 331 Brooklyn-Manhattan
$11
Ewus
J13)
Y'ham Cottons{uld)S.
$90
Da
(now S
Zoong Sings
$34
Wing Un Textilos(S.)
140
Ewc Cotton Rts. B
Pabile UtiltSam
$13
Tramways.
$13
Poak Trama (old).
Ly
(Duw... $2)
Star Ferries
180
14
112)
Yaumi Ferries..
$10.80 China Lights (old)...
3294
#11
401
$10
$54
JIS
Do. H.K. Electrica ·...... Macao do
(LOW)...
$10.40
130
3042
3544
9
$141
$25
23/9
vet
Bandakan Lights ...
Telephones (ola} ....
Du. (DOW... China Buses! Tractiona
$24
29
$8.10
24/6
The market was very dull.
SELLERS
Cerro de Pasco..... 54)
I:
pren.
preum
EXCHANGE
YESTERDAY'S
OFFICIAL QUOTATIONS
Trans
Brooklyn-Manhattan
$8 cum, pf.
Case, JI
Canadian Pacific
រ
Business Done:-993, shares.
ཨྠཊྛཱཉྩ ཐཱནྟུབྷོརཏྟཊྛོ, 9ཊྛ#ཊྚཡྻུམྦྷཊྛོ, vË a ནཱསྒྱུ ãོ ཿབྷོཨཏྠཾཥྞནཱ ཾཎྜueང#ཏྟཨཱ ཏྠ ཿཨྰཿཨྰཿབྷསྨཎྜ
stocks
Oct. 1 2 Great Northern Riy. 39 Great Western Sugar 31 Holly Sugar Corpn. Humble Ou
Int. Nickel
In
Int. Tel. & Tel
Dept Stores Kennecott Copper Lambert Corpa. Loew's Inc. Lorillard
701
512
T 161
58-*
91
712 191
251
27
McIntyre Porcupine McKesson & Robbins" 201 Monsanto Chemical 912 Montgomery Ward 463 Murray Corp ....... 71 Nat Cash Registor .. Nat Dairy Products 174 Nat Distillers Nat Power & Light New York Central... 273 Niagara Hudson P.
Corpn. North American Northern Pacific..... Pacific Gas & Elec. 271 Pacife Lighting
81
10
214 20
404
Packard Motors ...... 74 Paramount
Pennsylvania RR, Phelps Dodge
121.*
291
Phillips Petroleum 50
Public Service of N... 38 Pullman Inc.
Pure Oli
St. Joseph Lead Co.
8 up
Board of Directors. G. Miskin, Esq.,
Chairman.
J. R. Masson, Esq. K. S. Morrison, Esq.. Hon. Mr. J. J. Paterson, T. E. Pearce, Esq.,
A L. Shields, Esq.,
Sir Vandeleur M. Graybum,
Chief Manager.
Amoy Bangkok Batavia Bombay Calcutta
Canton Chefoo Colombo Dairet
Branches:— Iloilo Ipob Jobore Kobe Kowloon Kuala
Peiping
Penang
Rangoon
Saigon'
San Fran
cisco
Lumpur Shanghai:
London Lyons
Singapore
Sourabaya Sungei
Pataui Tientain
ia
Malacca 483. Foochow
Haiphong Mapila Hamburg Muar Hankow (Jokere) Tokyo Horbin Mukden Tsingtas Hongkew New York Yokohama
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.
བྷིཀྑུ ཊྚཀྑe, ནཱིཚཊྚཊྛཱ iaཝཾགཙྪཱ=གློཛཟླ €u8ཊྛཨཱགནྡྷནིཾ ཋཱནྟིཾ ནཱགརུཚོ། དྷངྒཊྛིཏྲྰཾནཱཐཱཊྛཱཡཱནཱ= ཛོཔྤཏྟཊྛནཱཊྚཨོནཾ བྷདྡྷིསྶ བྷིཀྑུxཀཱ ཝེ ཡྻཾaཊྛིཊྛཔྤཏྟཏྟཱ བྷོབྷིདྡྷི
BONG KONG SAVINGS BANK
HE Business of the above
TBank is conducted by the HONG KONG & SHANGHAI BANKING CORPORATION, Rules may be obtained on application,
For the HONG KONG & SHANGELI
BANKING CORPORATION,
V. M. GRAYBURN,
Chief Manager.
Hong Kong, 1st March, 1937.
157
Radio Corpn of Am. Republic Steel
25
Reynolds Tobac. "B" 49
Schenley ..
371
Schenley 51% pf.
877.
Sears Roebuck
75
80
Shell Union Oil
204
521
k
Socony-Vacuum
la
Southern Cal Edison 22
Southern Pacific
311
Sothern Kly 8% pf. 10
Stand Brands ...........
102
Stand Gas & Elec.
51
Stand Gas & Elec
53)
pl......
334
Standard O of N.J. 661
Sterling Products 63
Swift International 27)
Authorised Capital 10,000,000.00 Paid-up Capital 5,598,600'00 Reserve and Undivided
Prosta
2,776,726,76
HEAD OFFICE:-Hosa Koza
Technicolor
51
H.K. Bank, $1570. Union Insurance, $525. Indo-China (Pref> $51. Indo-China (Def.) $43, Providents (Old), $2.05. H.K. Lands, $30. Peak Trams (Old), $5. Peak Trams (New), $21.
H.K. Ropes, $31.
Wm. Powell, Ltd., 40 cts.
Vibro Pling; $41.
Celanese Corpn. of
America
Certain-Teed P'ducta Chesapeake Corpn. 91 Chesapeake & Ohio 20 Chrysler Corpn. Columbia Cas & M. 192 Columbia 5% "A" DI. 21 Commercial Credit 431 Commercial Solvents 30 Commonwealth & 8 124 Commonwealth
$6 cum. pf...... Consolidated Edison 38 Consolidated Ou
5911 Continental Oil ..... Corn. Products
Curtiss Wright (C) 14 Curtiss-Wright "A"-25} Delaware & Hudson 114 Del. Lackawanna &
Western
Do. (pref.).....
Industrials
Caldbook, ord
$190
Macgregora (pref.)8.
Canton Icos
42
512)
Cemente
*********
Kupus
$12.00
34
Miscellaneous
$94
Dairy Farma...
10
Ch. E'tainment. $3,45
$241
Star Ferries, $19.
H.R. Electrics, $54.
$1.00
Constructions, (old)
11.60
$1.00
Do.
10
Lane Crawfords........
(ADP) $1
19.30
Nanyang Tobacco....
216
Sinceres...............
$14
Marsmans (H.Kr. 3/3d.
Watsons
$4
SELLERS
S. C. Enterprises
-HK SteamboALS, $TO,"
81%
U.G.621925G. Bds.
98%
B. love, 4% Loans
$107
Do, 31%
$102
Wallace Harper .................
H.K. Govt. 4% Loan, 716 Prm. H.K. Govt. 31% Loan, 21 Prm. Wallace Harper $5.
109
360
H.K Wing Ou
Distillers Corpn Bea
SALES
161
S'hai Do
Tams
! ! !
$50
H.K. Bank. 31570.
Vibro Piling
$42
D
glas Aircraft.....
37
22/8
Maramans I v. (Lon.)
Wm. Pora!ls
(H.K.)
Union Insurance, $530. H.K. & W. Docks, $261.
D Pont..........*** 144+
Etric Boat
131
41
Texas Gulf Sulphur 331
bon.
113
32
Un. Airline Trans-
port
United Corpn.
United, Corp. $3 331
cum pl.....se
BANK OF EAST ASIA, LIMITED.
No. 10, Des Voeux Road, Central.
Beard of Directors -
AGENCIES AND BRANCHES: ALOR STAR
ILOILO
BALGON 1год BANGKOK KARACHI
SEMARANG
SEREMBAN
BATAVIA
BOMBAY
KLANG KOBS
SHANGILI
SINGAPORE
CALCUTTA KUALA
CANTON
LUMPUR
SITIAWAN SOUZABATA
CAWNPORE
KUCHING
TAIPING
MADRAS
COLOMBO
MANILA
TOEGIAN
DELHI
MEDAN
HAIPHONG
NEW YORK
TSINGTAO
HAMBURG
PRIPINO
BANKUW
BARDIN
CU
TIRNYBIN
(Bhuket)
YOKOHAMA
(Peking) satBOAM GIA
PENANG
HONG KONG KANDUON
4.
FOREIGN EXCHANGE and Genera) Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or
shorter periods at rater which will be quoted on applica tion.
The Bank's Head Office in Lon" don undertakes Executor. & Trustos 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
READ OFFICE:.
19, P STREES,
NEW YORK.
An American Bank offering com. plate Foreign Banking Service in the principal Markete of the world. Interest Rates on Application.
SAFE DEPOSIT BOXES This Bank is entirely owned by THE CHASE NATIONAL BANE, NIW Your, with Resources over U.. $2,500,000,000,
D. M. BIGGAR,
Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK: PAID-UP CAPITAL 210,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerous Branches in China and connections in the Wong Yun Tong Caq Kan Ying for Esq. principal Commercial Centres of
Sir Shougon Chow, Chairman Li Koon Chun, Esq. Li Lan Sang, Esq.
Kwok
WongChuSon, Esq.
FungPing Wah,
Esq, the World, we are able to extend
to our Clients special facilities for Domestic and Foreign Banking and Exchange..
Head Office: SHANGHAI
Hongkong Branch: QUEEN'S ROAD, C South China Offices:
KONGMOON TOISHAN KINGCHOW
We also handle the issue of Bonds -approved· and other Public Funds of the Acconata opened in Chinese Government both at Home
SHOU J. CHEN
Tidewater Assoe, Ol TBL
Timken-Detroit Axie
191
Transamerjea
133
20th Cent. Fox Filma 291 291
20th Cent. Fox Films
Chan Ching Shek.
pl.
36 *
Esq.
Un. Carbide & Car-
881
Kan Toug Po, eg, Chief Manager.
Un. Pacific
105
Li Tse Fong, Esq., Manager.
United Aircraft
Branches and Agencies ;—
Amoy
57
Babaria
Rangoon
Kowloon Penang Bourday's London
Swatow
Bombay
Dalcutta
844
Haiphong
118
Hankow
Un. Gaa 'provem't
Honolulu
Manila Melbourne San Fran. Magnenki New York, enti Vaaka Faris
Baigut
Sydory
Talhoku
-elago
Tinqtala
Tokyo
Semarang! Shangha Tokotams
"anoatler
Kobe
Paping
-pora
55
Up. Light & power
CANTON SWATOW
41.
Firestone Tire & R
Gen. Asphalt Gen. Cigar
"A" US. Industrial Alco-
fol
Every description of Hanking SHIUCHOW
251*, 253*
and Exchange business transacted.
19
19
Loans granted, on-
U.S. Rubber
40
281
271
79
US Rubber $8 pi
securities: Current
331
33
US. Steel
81
80 Local Currency and Fixed Do and Abroad,
491
.491
Vanadium
•224
posits received for one year: or
284.
251
Warner Bros Pict.... 104
3211
32
Westinghouse
Youngstown
Bec, 1174
Sheet..
shorter periods in Local and
will be quoted on application,
Foreign Currencies on terms which
Manager.
3
318 31. 204 201 691* 69 301
& Tubes
Safe Deposit Boxes To Let.
571
Chase National B. 40 *.
National City Bank 351* . 351*
·301
Call Money
1%%
I ez div
BIG
KAN TONG PO.
Ghiel Manager.
CHEAPER WOOL
THE YOKOHAMA SPECIE BANK
LIMITED
Capital (fully paid up)
Yen 100,000,000 or Reserve Fund Yon 134,400,000.00
5 To 15 Per Cent. Fall,
In London
NEWS
HEAD OFFICE:-YOKOHAMA
BRANCHES AND AGENCIES AT Wool prices declined at the Alexandria Honolulu Rangoon opening of the London colonial Bangkok Hainking Bio do
Karachi auctions recently, the falls rang-Batavia
San
Bombay Caloutta Canton Dairon Fengtien
London
Janeiro
Franoisso
Los Angeles Seattle
Alsoila Moji
(Dalny) Nagasaki
Nagoya Soarabaya
(Mukden) New York Bydney
Semarang Shanghai Singapore
Hamburg Osaka Hankow
Tientsin
Tokyo Tsingtao
#0 eta.
*Sales to Shy nghai
LONDON EXCHANGE RATES
(British Wireless Service}
Sept. 30"
Parts Geneva
144-37/64
1.551
Berlin
12.33
Athens
Milan
941
Oct. 2 141-11/15 21.671 12.343
911
Copenhagen
Stockholm
Shanghai
New York
Amsterdam
4,951 8.95;
4.95-9/10
Vienna
Prague
Madrid
Lisbon
Hong Kong
Bombay
Montreal
4.95 29.403
4.95-9/18 29.42
Brussels
Yokohama
Belgrade
Monte Video
Rio
Bucharest
Silver (Spot)
Bilver (Forward) iisaaa
War Loan
Da LONDON: --
19-11/101
19-13/16 34% 1001
Closing Quotations
October 4, 1937.
Telegraphic Transfor... Bank Bille, on demand 1/2
Oredits, four month
right ......
ON SHANGHAI:-
On Demand
On SingaporE:--
On demand
ON JAPAN:---
On demand
Sht. INDIA
19-13/16 197
ON NEW YORK:-
Bank Bille, on demand 3011/18 Credits, 50 days', sight, 31 3/16 Ox BATAVIA: day
ON PARIS:-
Op demand........................ 53 8/18 Bank Billa, on demand $1 Credits, 4 month's sight 930
ON SAIGON:-
1/34
1021
On demand
521
ON MANILA:-
100
Telegraphie Transfer... }ug
Bank, on demand.
An demand
ON BANGKOK:-
On demand ******
FOVERLIGNS Bank Buying
Rate
911
011
1498
comuniquerie 3/31/18 BAR SILVER DAY 19
H.K. Electrics, $54).
HONG KONG AND
S. RHODESIA
Elec. Bond & bare 121 Elec. Bond & Share
$5 pt...... Elec. Bond & Share
$8 pt. Elec Power & Light 15 Elec Power & Light
New Stipulation Rep.
Exports
Early this year local exporters were warmed by the Hong Kong General Chamber of Commerce through the Press that Customs requirements In Southern Rhode- sia, in respect of goods for whieb British Imperial Preference is claimed, had been varied as from January 1, 1937.
The geneal effect of these changes was to increase the Empire requirement in cotton yarns and; plece goods. to 33-1/3 per cent.4 (whereas elsewhere it is 25 per cent). All other goods (hitherto 25
per cent. Empire content) must in future show 50 per cent. These Increases in Empire con- tent have closed the Bouthern Rhodesia market to certain classes of Hong Kong made goods.
FURTHER STIPULATION
Gen. Electric Gen. Foody Gen. Motora Gen. Railway Signa! Gillette Safety Razor Glidden Gold Drist Goodrich (B.F.) Goodrich $5 pt. Goodyear
4
PHILIPPINE MINING
best greasy merino to 15 per cent for the finer slipe crossbreda com- pared with the close of the last series on July 16. Yorkshires and other home buyers were active.
Kobe SAN JOSE MINING Association mine what kind of equipment is ing, from 5 per cent, for Australian Berlin reports that systematic develop-necessary for the recovery of gold. Now comes a further stipula ment has been started on its San tion that, as from October 1, 1937, Jose. Pangasinan, placer property, Inc. has done considerable tren- EAST SURIGAO GOLDFIELDS, all goods exported to Southern upon the recommendation of Min-ching and tunneling work on its Rhodesia under Imperial Prefer- ing and Metallurgical Engineers, Hinatuan, Surigao property, ac- ence must be accompanied by ac- Inc. The management announced cording, to its officezs. Santos C. countanta certificates that the that the exploitation of the pro-Murillo.. mining engineer requirements as to Empire con- perty has been carried on under examined the claims reported to is P1,000,000 corporation, or
who tent have been complied with.. the supervision of Mining and the, management that it has pos-ganized to develop 30 lode gold
Unless accountants certificates Metallurgical Engineers. Several sibilities of commercial values at
Harbin Parin are made general manufacturers pits have been dug out and the depth. The engineer further board of
claims and 10 placer claims. The
Hong KongPeiping Tinkow will naturally be unwilling to in-resulta were encouraging.
Interest allowed on Current Ab trustees are stated in his report that 30 to 40 Gabaldon, Jose D. Cortes, Exequiel Deposits received for
Isauro
counts... cur the expense of them to cover Amado N. Vicente, member of experienced labourers should be 8. Zaballero, Herando. C. Cor- Perioda at rates to be obtained on Fixed a small part of their output. This the board of directors, has volun-employed under an able foreman to new requirement, will therefore teered to finance the continuation determine the extent of the Bonilla and former Justice Clara
vera, and Jose J. Roy. Pedro application, act as a further hindrance to of the mining operations now be valueOS EN SA
Y. KANO, ing undertaken, so as to deter-
M. Recto are the auditor and legal The East Burigao Goldfields, Inc. counsel respectively."
trade...
Manager. Hong Kong, 11th Sept., 1937.