12
DAILY SHARE QUOTATIONS
Hong
Kong Stock
Exchange
Baya
瞎
Nominal
Sharebrokers' Association
FRIDAY.
Huyers
Ballore
Malso
OCTOBER, 8.
$1,265)
A
312 S
35
រដ
164
$24:00)
11:19:
40 cta.
85.15
144:::
|31,570|
$1,560
£941
213
233
BIL
110
Banka
H.K. Banks
Bo. (London) Chartered Banks... Mercantile Bks. "A
Do.
ཟ་ (T"
Bank of Eust Asim.......).
***
£13
£33
£15 191
N. O. & S. Backs...
$2
Insurances
$270
Canton lusarančon....
$0.25
Union InsuranOSE ...
8285 1 3625
112
Underwriters
$235
H.E. Firos
international Assco.
Shipping
$48)
Douglases ....
1401.
4+
Steambabe
Indo-Chinas (pref.)
**
$10
13 $250
$51
YESTERDAY'S OFFICIAL QUOTATIONS
The market continued narrow during the past week, and inter- est failed to develop to any extent, particularly in the speculative sec- tion which early on relapsed into dullness.
New York: October 8
New York/London Craesente New York Cotton-Dec. New York Rubber-Sept. Chicago Wheat --Sept. Chicago Corn -Söpt. Winnipeg Wheat-Oct. Silvor-Oticial
HONG KONG DAILY PRESS. SATURDAY, OCTOBER 9, 1937.
H. K. STOCK
EXCHANGE
Wis
NEW YORK STOCK EXCHANGE
Last Today's
ofi ציו,
Through Reuter's Service!
QUOTATIONS
5.02 7.03 8. Q 17.04 16,63 17,08
High Low Close Clour Change
4.95; 4.93-7/16 1/16 off”
7,87
18.71
.3$ off
108% 101 1061
10121
Joff
ទេ
E of
1243 119
124
1106
of
*
442
unch.
Oct. 8.
High Low Close Change
147.18
17.54 92.77 20 Utilities 105.89 97.00 40 Bonds
120.47 148.70 146.59 39.89 36.63 37.48 38,67 23.81 93.68 23.94 23,07 97.31
.39 of
.3% of
33.44 65.58 11 Commodity Index 39.78
87.33 47.34
.14 off .0% up 1.42 of
Business Done: -1,190,000 shares,
si Sule
Stocka
Oct. B
7
Last Bale
#tocra Adams Express ....... Allis Chalmers
Oct. 6 7
12
50
Amer, Can
Am. Car & Foundry
Amer. Cyanamid
171
Amer. & For. Power
41.
Great Northern Riy. 38 Great Western Sugar 30* Holly Sugar Corpn. Humble O............ 67 int Nickel
int. Tel. Tel.
BANKS
HONG KONG AND SHANGUAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION
Authorised Capital
$60,000,000
Issued & Fully Paid-Up $20,000,000
Reserve Funds:-
Sterling
Hong Kong Currency
Reserve/198
Reserve Liability of
Propriators
£ 6,500,000
AUSTRALIA AND CHINA Incorporated by Royal Charter 1533
HEAD OFFICE: LONDON:
38, Bishopsgate E.C.2.
$10,000,000 Paldiup Capital.
Reserve Fund Reserve Liablity of Pro. priators
..$20,000,000
Head Office:--HONG KONG
Board of Directors. Miskin, Esq.,
Chairman,
Hon. Mr. M. T. Johnson,
Deputy Chairman,
J. K. Bousfield, Esq., A. H. Compton, Esq., S. H. Dodwell, Esq.,
J. R. Mason, Esq
K. 5. Morrison, Esq.,
Hor. Mr. J. J. Paterson,
1. E. Pearce, Esq.,
A L. Shields, Esq.,
Sir Vandelsur M. Graybara,
£3.000.000 £3.000.000
£23.000.000
MANCHESTER BRANCHE:
71. Mosley Street, Manchester.
AGENCIES AND BRANCHES: ALORSTAR ILOILO
SAIGON AMRITSAR [PUB
SEMARANG BANGKOK KARACHI
'There
however, a certain enquiry for Investments, and bust- ness, on a minor scale,' was trans- acted at slightly better prices.
A small but persistent demand continued in the sterling section. Other insurance shares found sup- part only at receding prices.
BUSINESS DONE DURING '
THE WEEK
H.K. Banks, $1570, $1575, $1570,
$1685.
Union Insurance, $530, $525.
H.K. Fires, $235.
Wharves, 3113.
Docks, $27, $261.
Do..
(det)
$43
90:4)
Shelly
90/41
19.30
Waterboate
39.30
Mining
18/74
Kailana
15/8
$101
191
Bank of E. Asia, $90.
Vetuzuela Gold Fidu. "$4,40
Decks, Wharves,
Codan, ate.
5113
H.R. & K. What mo
$113
32
Prondents (oldƒ'
12
Do.
(new))
35 cts.
1261
:
1. & W. Douks Shanghai Ducks S.
New Bagusting 8. Lands, Hotels, and Bondings
H.K. Hote
1.K Lands..........
126)
$100 13
$5.05
Providents (Old), $2.05, $2. Hotels, 35.35, 35.30, $5.10. Realties. $4.55.
.... Tramways,. $13, $123.
China Lights (Old), $10.80.
Electrics, $55, $541, $54). $54...
$54.
Telephones (Old), $24.70, $24.60.
Cements, $12. 121.
4
Dalry Farms. $249.
13)
$243.
Do. 4% Debentures
$102
Shangtini Lauda...
Metropolitas Lands..
Ropes, $3.80.
H.X, Healties.
84.00
Chize Dy. ...
Do. Oulunturess.
Humphrey
191
Chinese Estates..
CHANGES (3.15 p.m.) CLOSING
QUOTATIONS
BUYERS
H.K. Banks, $1570.
Providents (Old). $2.
Cotton Mill.
EWON
Shu Cottona(uld)S,
-1
Jews.
Zaxing Sungs" S
Wing On Textiles S.)
Unions. $522.
$13
190
Trams. $12.90.
#34
Dairy Farms;.. $24.70.
$40
SALES
Ewe Cotton Rts. S.
H.K. Banks, $1505.
Public Ull&Des
Unions, $525.
Train ways............
$12.80
Providents (Old), $2.
Peak Trims (old)...] 18}
Do (new)... 12.60
H.K. Electrics, $54.
170
'Star Ferries
$80
$121
Yatmalı Ferries
:221
$22
Dairy Farms,- $241.
$10.80
3542
+16
$146
82.70
23/9
23/-
324.7
$21.70
28.10
5418
$3.80
፡፡
$10.80) Chian Lights (old).......
Do. (new).....]
H.K. Electri...
Macau do
Sandakan Lights.
Telephones (old)
Do. (new)
China Busur. S.
Tractions to
Do.
(pre).....
Industria la
Caldbeck, and S. Macgregora(profið.
$190 Caston loan
10
$1.50
$1.00
18
L༞༞༞
Cement Hopes......
Miscellaneous
Dairy Farmor..
Ch. E'tainmenta... 33.90 Constructions, (old) $1.00
Do,
'AHET'
Lane Crawfords......
Naayang Tobacco..
*
F
$12+ $4
3245
Telephones (Old), $24.60/75.
THE EXCHANGE
MARKET
MESSRS. ROZA BROS
Silver prices rose 1/16 yester- day for both deliveries, the quota- Mans being 19 15/18 for Ready and 19 7/8 for Forward. Sliver advices reported India as having bought. Offerings were small. The market was very quiet.
The London-New York cross- rate was quoted at 495.40. New York-London was quoted at 495.- 7/16.
$1
18,00
น
Sinceres
131.10
$42
Watsons
othe↑
$4
MARKET
S. C. Enterpri
31
Very quiet.
817,
Cu.0.521925 G‚@ Bau, )
80%
prex. 710 prem. 2%
IK. Govt, 4% L
$107
Do.
3+%
$102
$40
Wallace Harper
B.K. Wing On
S'bai De.
Vibro Piling
23/9 Maramans Ir v. (Lon.
***
F45
$60
1936/7
High Low Dow Jones Averages, 194.40 147.38 50 Industrials
84.46 38.93 20 Raile
Amer. & For. 17 př.. 314 Amer. Locomotive
Amer. Metals
Amer. Radiator
5. 351
291..
Amer Ruling Mill ..
Amer. Smelting
Amer. Steel Pdries.
Amer. Sugar
Amer. Tel. & Tel.. 1591 1572
Amer. Tobacco "3" 76
Amer. Waterworks Anaconda Copper
Atchison, T. 8. Fe. 631 Atlantic Refining
Atlas Corpn.
Auburn Motors
Baldwin Locomotive
$7 tum
pf.
Baltimore & Ohio... Barnsdall Q!!
Benalx Aviation Bethlehem Steel Boeing Airplane Borden Co. Briggs
ཙ
M1acturing 321
Brooklyn-Manhattan
Trans
Brooklyn-Mannatian
58 cum. pt.
Case. J.I.
Canadian Paclic
Celanese Corpn. of
America
FORMA
1201
יד
128
.98 € 7 = ¤ ¤ ¤ ¤ 7 æeTE
ཝཚོ,
ཨྠ་ྲEE
HÊ `
ཚ ཙྩུཊྛཱརཱ
~ og
ཏྠོ
⠀
ཨཉྙཎྜཡྻུནྡྷZ
**¤¤~**£
85***IN¤ & F⠀⠀⠀⠀
gཎྞབྷཱཡོགžཐཱ
* ** * **** *8*
ཀནཱ
Cerro de Pasco ...... Certain-Teed P'ducta Chesapeake Corpn. Chesapeake & Ohlo 80 Chrysler Corpn. Columbia Gas & El Columbla 6% "A" pí. Commercial Commercial Solvents 291 Commonwealth & S
Credit 424
Commonwealth · $0
cum. pr.
Consolidated Edison 351
Consolidated Oil Continental ou Corn, Products ......
SEREMBAN
BATAVIA
BOMBLY
ILANO KONE
AHANGHAI
SINGAPORE
CALCUTTA CANTON
KUALA
BITLAWAN
LCMPUR
BOCHABAYA
LAWNPORK CEBU
KUCHING
TAIPINO.
MADRAS
TIKATRIN
COLUMBU
MANILA
TONGKAH
DILE!
MEDAN
487
72
tnt. Dept Stores
163.
Kennecott Copper.
53
Lambert Corpa
81
Loew's Inc.
701
Lorillard
19)
McIntyre Porcupine
McKesson & Robbins
17.
Monsanto Chemical 87)
Alontgomery Ward 451
Murray Corpn........
71
Nat Cash Registor..
21
Nat Dairy Products 173
Nat Distillers"
26
Nat Power & Light
71
New York Central...
253
Magara Hudson P.
Corpn.
91
North American
203
Northern Pacifc
Pacific Gas & Elec. 27}
181
0558255898 ARE 86 8581556 81858.6on pèpääjës
(Hhuket)
HAIPHONG Chief Manager,
NEW YORK
TELNGTAO
HAMBURG
PSIPINO
YOKOHAMA
Amoy
Bangkok
Batavia.
Branches:- Lilo I pob Johore
l'eiping
Bombay
Calcutta
Canton
Kobe Kowloon Kuala
Penang Rang on Saigon
Chafoo
Colombo
Dairen
Foochow
Haiphong
Manila
Hamburg Muar
Tientsin
Hankow
218-
Cisco
Lumpur Shanghai Londori Singapore Lyons Soarabaya Malacca Sungei
Patani
(Johore) Tokyo Muhden Tsingtas
Harbin Hongkew New York Yokohama
in
Current Accounts opened Local Currency and Fixed Deposits received for one year or aborter 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
HE Business, of the above Banks conducted by the
HONG KONG & SHANGHAI BANKING CORPORATION. Rules may be obtained on application.
For của HỌNG KONG đi BHANGHAI
BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager.
Hong Kong, lat March, 1937.
BANK OF EAST ASIA, LIMITED.
6,598,600 00
Authorised Capital ...$10,000,000.00 Paid-up Capital Reserve and Undivided
Profte
2,776,798,76
HEAD OFFICE:HONG KONG
BANECW
HARLIN
(Peking) ERDANGA
PINANO
KONG TONO KANDOUN
FOREIGN EXCHANGE and General Banking Business 'transacted.
CURBEST ACCOUNTS opened and FIXED DEPOSIts received for One Year or shorter, perioda at rates which will be quoted on applica tion.
The Bank's Head Ofer 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
B. W. ROBERTS,
Manager.
r]
THE CHASE BANK
18, QUEEN'S ROAD CENTRAL
HEAD OFFICE:
18, PINE STREET,
NEW YORK.
An American Bank offering com- plete Foreign Banking Service in the principal Markets of the world. Interest Bates on Application.
SAFE DEPOSIT BOXES
This Buck is entirely owned by THE CHASE NATIONAL BANK, NIW You, with Resources over Ult $2,600,000,000.
D. M. BIGGAB,
Manager.
BANK OF CHINA
J
Specially Chartered by
621 No. 10, Des Voeux Road, Central. THE NATIONAL GOVERNMENT
· Board of Directors:- Sir Shousou Chow, Chairman
OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
Li Koon Chan, Bug. Li Lan sang, Esq. (PAID-UP CAPITAL...÷0,000,000.00
1. K. Kwok, sq. WongChuson, Faq(BRANCHES ALL OVER CHINA) Wong Yun Tong, eq. Kan Ying Pu, Bag. Chan Ching Shek
Fung Ping Wah,
Επα.
Esq.
Kan Tong Po, Eaq., Chief Manager. Li Tec Fong, Esq., Manager.,
Branches and Agencies ;—
Kowloon
Basrabaya" Bwntow
Penang Loudou Manila Saigon Bydney
Caloocta Melbourne Bar Fran-
Taboku Nagmaaki
cisco Tentan Saw York Seattle Tobya Class
Samorzogl Vancouver
Shanghal
repara
Yokohama
Every description of Banking
and Exchange business transacted. Loans grunted. .00 approved
Bacarities.
Owing to our numerous Branches in China and connections in the principal Commercial Centres of the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and Exchange,
Head Office: SHANGHAI
Hongkong Branch:
4, QUEEN'S ROAD. C
South China Offices:
CANTON
SWATOW
SHIUCHOW
KONGMOON
TOISHAN
KINGCHOW
Current Accounts opened in We also handle the issue of Bonda Local Currency and Fixed De and other Public Funds of the
Pacific Lighting
39;
Packard Motors ......
....
€1
Paramovat
119
-
Pennsylvania R.R.
27
262
Phelps Dodge
Phillips Petroleum
471
I
Public Service of N.J.
374
Pullman Inc.
Pure Oil
141
Radio Corpn of Am.
91
Republic Steel
22%
Reynolds Tobac. "B"
471
St. Joseph Lead Co.
Schenley
34
Schenley 51% pt.
85 *
Sears Roebuck
744
Shell Union Off
191
Sucony-Vacuum
.176
Southern Cal Edison
211
Southern Pacifc
291
Southern ly 5% pt.
18
Stad Brands
10
Stand Gas & Elec. 51
Stand Gas & Elec.
·$7 pt.
Standard Ou of N.J.
Sterling Products ...
Swift
291 54 1 62 International 27
30 5511
Technicolor
483
Texas Gulf Sulphur 321
281 48
·324
Tidewater Assoc. Ol Timken-Detroit Axle 183 Transamerica
161
161
162
13
134
138
Elec. Bond & Share 114
ཙྪཱ
ཝདྡྷསཀྑཾ a
106
20th Cent. Fox Films
28
28
20th Cent. Fox Films
pf.
33*
33 *
Un, Carbide. & Car-
1381
bon
861 861
Un. Paclic
1031
1024
United Aircraft
22
.221
Amey
Un. Airline Trank-
Bombay
53 *
port
II
10%
Centun
United Corpn.
Haiphong
31
31
fsckow
United Corpn. $3 339
33
Honolul Parks
Kobe
Peeping
com pl...anne. 114
11
4
Un Gas I'provem't
Un. Light & power
31
4
"A"
U.S. Industrial Alco-
hol
241
242
181
277
331
474
U.S. Rubber ........
36%
361
71
0.6
Rubber $8 pl.
724
posits received for one year or
יי
U.S. Steel
731
717
shorter periods in
Local
and Chinese Government both at Home
Vanadium
211
211
Warner Bros Pict....
10
10
Foreign Currencies on terms which | and Abroad. will be quoted on application.
SHOU J. UHEN
was
Gold Dust
***** 301
Westinghouse Elec. 113 Youngstown Sheet
111
32
321*
& Tube cons
51
Safe Deposit Boxes To Let
Chief Manager.
KAN TONG PO,
Manager.
513
257
66.
28
Chase National Bk. ·381* National City Bank 333* Call Money
I ex. dlv.
371*
ore are stored back of the mill as
33. IN 1%
Bid
an emergency supply.
LIMITED
In addition to the Superinten-
Curtiss Wright (C) 137
Curtiss Wright
"A" 23
Delaware & Hudson 102
Del Lackawanna &
Western
100
Paris
Geneva
Beriln
Athens
Milan
Wm. Powells
(H.K.)
*Sales to Shrngbai
LONDON EXCHANGE RATES
Copenhagen
Stöckholm
New York
(British Wireless Service)
Oct. 4 150-1/16
Oct. 6
150)
21.521 12.331
94 3/16
941
21.56
12.341
Shanghai
4.95+
Amsterdam
8.96
Vienna
Prague
1413
Madrid
Lisbon
Hong Kong
Bombay
Montreal
4.95,
Brussels
29.42
Yokohama
Belgrade
Monte Video
Rio
Bucharest
Silver (Forward)
Sliver (Spot)
War Loan
On London:-
10-13/16 19-15/16 34% 1011
Closing Quotations
October 8, 1937.
Telegraphic. Transfer....
Bank Bills, on demsad Oredits. four months'
Right
4.95-7/16 6.901
141-9/16
4.051 20.404
19-13/16 197 31% 100
145 ote.
· STERLING
There were sellers at 1/3 Octo- ber-January and 1/2 31/32 Febru- ary. buyers at 1/3 1/32 Cash- January and 1/3 Ferbuary. No business was reported.
U.S. DOLLARS There were sellers at 31 October. 30 15/16 November-December and 30 7/8 January, buyers at 31 1/16 October and 31 January-December and probably November, No. trans- actions were reported.
SHANGHAI DOLLARS Sellers at 104 11/16 for Spot.
SHANGHAI MARKET. "Sterling opened with sellers at 1/2 21/64 for Spot, buyers at 1/2 23/64. Later the selling rate.re- ceded to 1/2 5/16, buyers at 1/2 11/32 for Spot. US Dollars, opened with sellers at 29 19/32. buyers at 29 21/32 for Spot. Sub- sequently the selling rate lowered at 29 9/16, buyers bidding 29 5/8 for Spot.
The
IN THE AFTERNOON
market in the afternoon
was dull.
STERLING
The market closed with sellera at 1/3 October-January and '1/2 31/32 February, buyers at 1/3 1/32 Cash-January and 1/3 Febr- 1/32 Cash-January and 1/3 Febru- ary.
U.S. DOLLARS The market closed with sellers
at 31 October. 30 15/16 November
December and 30 7/8 January, buyers at 31 1/16 Cash and 31 January-December and probably
UN NEW YORK:-
Bank Billa, on demand 30 11/16 November, Dredits, 60 days' sight. 31 3.8 ON BATAVIA:-
(55/!?
Credits, 4 month's sight 900
22
On demand
ON, PARIS:-
P
Bánk Bille, on demand 9
ON SHANGHAI:~~~
On Demand
[ng]
ON SALON -
On demand
O SINGAPORE: -
91
On demand
ON MANILA |--
{
On JAPAN:-
D. BANGKOK :-
-On demand
tru
On demand.
149%
SOYEE UNS
Bank Buying
Batu
1/3 1/10 10 +5/16
INDIA-
Telegraphic Transfer..
Bask, op demand...
$
in demand..........
Han RIVER, THE OB-
POISON GAS IN KWANGTUNG RAIDS
Canton, Oct. 8: A despatch re- celved here to-day confirms the earlier report that the six Japan- "ese planes which ralded Tunguan on Sept. 29 dropped a number of
poison gas bomba on the villages. Scores of civilians are reported to have been badly affected.- Central News.
Distillers Coron Bea.
grams Douglas Aircraft Du Pont
Electric Boat
Elec. Bond & Share
$5 pf.
Elec. Bond & Share
$8 pl
Elec Power & Light
Elec Power & Light
$7 pf..
Firestone Tire & R Flintste
Clen. Asphalt Gen. Cigar Gen, Electric Gen. Foods Gen. Motors Gen. Railway Signal 23 Gillette Safety Razor Glidden
Goodrich (BF.) Goodrich $5 pf.. Goodyear
PHILIPPINE MINING NEWS
The President and Board of Directors of the Mineral Resources Inc. take pleasure in announcing
that their mill in Marinduque 18 completed and has started operat Ing. Experimental runs were made during the last ten days of Eeptember and continuous opera- tion has been started. It may be necessary to make adjustments for the first few weeks but so far everything has been operating satisfactorily. Flotation reagents
are being experimented with to get a maximum extraction at a m'nimum of cost.
Southwestern Engineering Com- The mill was erected by the
pany la record time and is well built and apparently very efficient. They have well demonstrated their ability in the design and construc-
ton of milling plants.
THE YOKOHAMA SPECIE BANK
dent's house and the mess hall, Capital (fully paid up) another cottage for married staff
+
Yea 100,000,000 Đ
Head Office:-YOKOHAMA
---
has been completed. Quarters for Reserve Fund Yen 134,400,000.00 labourers are being constructed concentrate and a bodega and storage is being put up at Buyabud, the provincial port from which we shall make shipments.
The market for zinc, the major product, is very strong and outlook is more favourable than as designed. for any other base metal. and can easily do 250 tons if the
LABO flotation cells are not overcrowd- Work in the main shaft at Labo ed. Power consumption for the has been suspended pending. whole mill at 192 tons is 210 change over from the new engine horsepower
the original but is now going on. estimate for 150 tons.
Owing to softness of the ore the mill has been operating at the rate of 192 tons per 24 hours instead of 150 tons
or
The haulage system is proving out as calculated and two dump trucks can casily haul 200 tons from the mine to the mill að an
BRANCHES AND Áosnoies AZPÍ Alexandria Honolulu Rangoon Bangkok Hsinking Rio do the Batavia
Karachi Janeiro Berlin Kobe
Sun Bombay London Francisco Calcatta Los Angeles Seattle Canton Manila Semarang Dairen » Moji. Shanghai
(Dalny) Nagasaki Singapore Fongtien Nagoya
Soerabaya (Mukden) New York Bydney Hamburg Osaka Tjentein Bankow Otaru Tokyo Harbin Paris
Cuts
The new discoveries on claims 71-72 are very promising. across the formation have proven the length to be several hundred A prospect shaft ja being
Lect.
estimated cost of F.0.089 per ton. put down 50 feet to crosscut the formation at depth. The oxidized surface contains considerable free gold in addition to metallic copper and chalcopyrite but it is quite probable that this will be all in sulades at depth.
Timing of the truck shows that they make a regular round trip from mine to mill in 7-1/2 minutes and actually haul two metres of
ore.
About 3,000 tons of development
Hong KongPeipiug Trinktao
Yinkow
Interest allowed on Current A counts,
Deposite received for Fixed Periods at rates to be obtained on application,
Y. KANO,"
Manager. Hong Kong, 11th Sept, 1937,