3250
418
$2.15
36 rts.
$28.80
6.92
.132
Miging
Venoznak Gold Fidą,j
Docks, Wharves,
Godowis, etc.
H.K. & K. Whertow.
Providents (oh) ... $2
Do.
(now) 25 os. 1.5. & W. Docks, Shangus Docks S, New Eagunariags S.
Lands, Hotels, and
Bui ding?
H.K. Hotels15,18 H.K La..........
Adams. Express Allis Chalmers Amer. Can
Am. Car. & Foundry Amer. Cyanamid Amer. & For. Power Amer. & For. $7 pl. Amer. "Locomotive Amer. Metals
ga
st
Amer. Radiator
Amer. Rolling Mill'..
:
Amer. Smelting
$1,526
Banks
H.K. Banks
21 Chartered Banks
Do. (London)
$1,630 £81
R12)
£15
Mercantile Bks. "A"
Do.
"C"
£15
$9J
Bank of East Asiä....
$88
N, C. & 8. Barks ...
Insurances,
35
$278
Canton Insurances.
1970
1937
$215/187
Union InsurancOS ...
3513
High
Underwriters Kenne
H.K. Fires
$9421
International Assco, S.
Shipping
The London/New York rate was higher at 500.12. York/London was quoted at 500.-
Low Dow Jones Averages. 194.40 113.64 $0 Industrial
cross-
61.18 20 15 20 Rails..
New
37.84 19.85 20
106.89 91.54 40
HONG KONG DAILY PRESS WEDNESDAY, DECEMBER 8, 1937.
32
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
THE EXCHANGE
Sharebrokers'
MARKET
Association
TUESDAY.
Bellare
dayna
Õhi-་ ་
ปล
Nomin
Bayect
See
DEC. 7.
NEW YORK STOCK EXCHANGE
(Through Reuter's Service)
MESSRS, ROZA BROS.
Silver prices were substantially lower yesterday to the extent of 1d. for Ready and 1.1/8d. for For- ward, the quotations being 18 7/16 and
18
Silver 3/10 respectly. advices reported India and Specu- lators as having sold to a large extent. Bears covered. After the official fixing there were buyers at the fixed rate, Bellers were re-
American served.
Silver Was quoted at 441 for Spot.
New York: December 7.
New York/London Crus" rate Now York. Cotton-Mar. New York Rabber-Mar. Chicago Wheat --Alay. Chicago Corn.-May. Winnipeg Wheat-May Silver Official
16
BANKS
HONG KONG AND SHANGHAI | THE CHARTERED BANK OF INDIA
BANKING CORPORATION
******
$50,000,000 Authorised Capital Issued & Fully Paid-Up $20,000,000 Reserve Funds:-
...........2 6,500,000
AUSTRALIA AND CHINA Incorporated by Royal Charter 1833
HEAD OFFICE;" LONDON: 38, Bishopsgate E.C.2.
..$10,000,000 | Pald-up Capital.
Head Office:-HONG KONG
Board of Directors. G. Miskin, Esq.,
Hon. Mr. M. T. Johnson,
Deputy Chairman,
Chairman.
£3.000.0 £3.000.000 Reserve Fund Asservo" Liability of pro-
pristers £2.000.000
MANCHESTER BRANCH: 71, Mosley Street, Manchester
AGENCIES AND BRANCHES:
RAIGON
ALUR. STAN ILOILO
IPOH AMBITSAK
BANGKOK KARACHI
QUOTATIONS
Last High Low Close Close
7.95.7.88 7.91 15.7 16.56 18 74 "941 93)9:9
Today's
Chaugt
Sterling
4.99 unreceived 7,94 15,55
.09 up
.19 ou
I up
Hong Kong Currency
Reserve Reserve Liability of .Proprietors
**
$20,000,000
.
58
57 671
571
∙116
1164 114
116+
yup
૧૩
unch.
Dec. 5.
1x7.79
32.62
Utilities
22.41
Bonds
$3.44
*48)
Douglases
38
Steambts
$51
Indo-Chins's (prof.)
143
Da
(def.)
194/41
Shell......
19.30
Waterboute
18/6
Kailans
.30
Itsube
$5
$4
*: :
*****
+48)
B/16.
83.44 69.03 11
Commodity Index 63.68
High Low Close Change 128.36 116 78 128.2 1.58 of .71 off 32.19 31,63 31.9) 22.63 29.16 22.99 .13 off .01 off 01 up
93.43
53.07
J. K. Bousfield, Esq., A. H. Compton, Esq.,
18
MARKET
Business Done: -840,000 shares.
S. H. Dodwell, Esq.,
10/6
18]
$31
143
94/41
19.30
$117
328.9
$100
13
Quietly steady..
No business was reported. There
were
February and
sellers at 1/3 December/ 1/2 31/32 March. buyers at 1/3 1/32 Cash/March and 1/3 April
U.S. DOLLARS There were sellers at 31 1/4 December/January and 31 3/18 February/March, puvers at 31 5/10 Cash/January and 31 February.
done March. Business was
31 1/4 for February and 31 5/16 for Cash.
J. R. Masson, Esq...
STERLING
07
291
K. 5. Morrison, Esq.,
Hon. Mr. J. J. Paterson, T. E. Pearce, Esq.,
A L. Shields, Esq.,
Sir Vandeleur M. Grayburn,
Chief Manager.
LAM M
Suite
Dec. 1
6
Stocks
Dec. 4
6
92
Great Northern Rly. 27
451
45
Great Western Sugar
83+
82)
Holly. Sugar Corpn.
"
Humble Ou
612
611
231
231
Int. Nickel
44
43
42
41 "
Int. Tel. & Tel
71
71
25
23 *
211
21
311
301
Int. Dept Stores Kennecott Copper Lambert Corpn.
154
151
403
391
17
141
14
Loew's Inc.
33
331
231
231
Lorlard
143 15
493
474
McIntyre Forcupine -
1311
$100
Du, 4% Dolentures!
$102
Shanghai Lands....
Metropolitan Lands...
$85
H.E. Realties.........$4.78
Chins Do
SHANGHAI DOLLARS Sellers at 105 11/16 for Spot.
SHANGHAI MARKET Inclined to easiness. ling there were sellers at 1/2 3/16, buyers at 1/2 7/32 for Spot. U.S. Dollars, sellers at 29 9/16, buyers at 29 5/8 for Spot.
Amer. Steel F"dries..
271
271
Amer. Sugar
McKesson & Robbins 81 8541 Colombo
354 Monsanto Chemical 364
Amer. Tel. & Tel... 150.
1491
Montgomery Ward
18
174
In Ster-
Amer. Tobacco "3" 69
881
Amer, Waterworks
132
133
Murray Corpn. ....... Nat Cash Registor -
174
32
301
Nat Dairy Products 141
Anaconda Copper
Atchison, T. & S. Fe. 41
401
Nat Distillers
231
231
Atlantic Refining
Nat Power & Light
87
87
New York Central...
20
19
Do. DebenturesS.)
Humphreys
18.40
THE
Chindre Estates......
Cotton M
*****
$131
Ewas
113)
IN THE AFTERNOON
The market was quiet in the afternoon.
STERLING
The market closed with sellers
Atlas Corpn.
Auburn Motora
81
8
Niagara Hudson P.
Baldwin Locomotive
Corpn.
BI
North American
23 231
$7 cum. pl.
Baltimore & Ohio...
123
112
Northern Pacifc ......
13+
121
S'hai Cottons(old)S.) Du. (DOWN.
Zoong Sings.... S.
Wing On Textiles(S.) Ewo Cotton Rts. 8.
390
$34
at 1/3 December/February and 1/2 13/32 March, buyers
Barnsdall Oil
141
141
Pacific Gas & Elec. 261
at 1/3
Bendix Aviation
Pacine Lighting
38+
$40
1/32 Cash/March
and 13
April.
Bethlehem Steel
54
531
Packard, Motors
51
|
$170
Cements
33.80
$1.60
$1500
14
14.70
$40
144
21
4/6
prem
量
H.K. Electrics
Macao do.
Sandakan Lights
Telephones (ald)
(new)...
China Buses........
Do. (prof.).....
Industrials
Caldbeck, Kord.) 9.
Macgregors fpenf.).
Canton Ices
Кара-
Miscellaneous
Dairy Farms.....
Cb. Etainments.............. $4)
Constractions, fold,
Do.
Lane Crawfords.....
Nanyang Tobacısa..
S. C. Enterprise
73Cu.G.5% 1925 0.7 Bd.
pr. m. 197
f. K. tort, 4% Loan
Do.
Wallace Harper
FK Wing On á S'hai
Vibro Piling ******** Maramans Ir v. (Lon.)
(II.K.)
Wo. Powelle 76
•Sales to Shanghai
LONDON EXCHANGE
(British Wireless Batvice)
Da
Tractivus
Pabile Dulles
113] | Tramways an
$13
174
Peak Trains (old) ....
131
Do. ((CHW)....
181)
Star Ferris
1-20
Yauma Ferries
411.80
China Lights (old)...
Cum all
$11.35
Do.
(new)...
Cum all
$54
|541/54]
$55
D
20
th
1261
1281
19.30
$0.20
23/0
23/9
+31-
A transaction was reported at 1/3 for the 1st, half of April.
U.S. DOLLARI
Boeing Airplane
251
251
Paramount
12) 12)
4
177
"..178
Pennsylvania R.R.
23
++
22)
Borden Co.
Briggs M'facturing
241
243
Phelps Dodge .................
162
13.10
༄ཟ་
312,15
11.70
13.80
141
$24
5/16 for cash.
382 125 with sellers at 31 1/4 Deccember $114 January and 31 3/18 February/ $11.35 March, buyers at 31 5/16 Decem- 31 1/4 February/ ber/January. March and 31 3/16 April.
H. K. STOCK
EXCHANGE
YESTERDAY'S.
OFFICIAL QUOTATIONS.
The market was very quiet.
BUYERS
Some business was done at 31 The market closed
Brooklyn-Manhattan
Phillips Petroleum..
411
11
102
Trans
Public Service of NJ, 38.
Brooklyn-Manhattan
Pullman Inc
32
32
$6 cum, pf. ....
Pure Oll
111
Case, LL
952 951
Canadian Paclic
81
81
Celanese Corpn. of
America
.19
181
Cerro de Pasco
44
43
Radio Corpn of Am. Republic Steel ......... Reynolds Tobac. "B" 424 St. Joseph Lead Co. Schenley
17
19
201
.
Certain-Teed P’ducts Chesapeake
Schenley 51% pl.
747*
D
Corpn. 461
45
671
Sears Roebuck
Chesapeake & Ohio. 77 *
781
Shell Union Oil
171
Chrysler Corpo.
39
382
15
Columbia Gas & El
9
83
I
Columbla 6% "A" pl. Commercial
21
Credit 421
43
Socony-Vacuum Southern Cal Edison Southern Pacino Southern Kly 5% pl.
201 201
14
231
Commercial Solvents 284 Commonwealth & 8.
261
StLad Brands .........
81
91
91
Stand Gas & Elec.
5
Commonwealth
$6
Stand Gas & Elec.
421.
414
cum, pf.
$7 pt.
273
Consolidated Edison 301
30
!DOW
$1
Hong Kong Bank (Lon), £87.
Consolidated Oli
60*
604
H. K. Electrics, $54.
Continental Oil
Standard Oll of N.. 454 Sterling Products ... Swift
581
International 24.
Bandakan Lights $13.
Corn. Products ...................
34
34
Technicolor
421
Sinceres.
Watsone
$1.60
Cements, $12.30.
Curtiss Wright (C) 131
131
Dairy Farms, 324.
Curtis Wright "A" 18
·171
20%
Watsons, $4.70.
Delaware & Hudson
BA
31
3104.
31%
Wm. Powell, Ltd.. $0.75.
SELLERS
Del Lackawanna &
35
841
Western
Distillers Corp Bea-
B4U
grams
Do
154
Douglas Aircraft
$3
Du Pont
Electric Boat
Elec. Bond & Share 111 Elec. Bond & Share
$5 pl. Elec. Bond & Share
s
Dec. 4
147-5/64
RATES
Dec. 8
. $8 pf.
21.80 12.371
147-5/84
21.60
Elec Power & Light 131 Elec Power & Light
$7. pf.
941
Copenhagen
Stockholm
Shanghai
New York
Amsterdam
Vienna
Prague
Madrid
Lisbon
Hong Kong
Bombay
Montreal
4.99
29.371
4.991 29.414
12.401.
94-39/62
19.401
4.99-3/16
8.981
141-1/16
5.09-3/16 8.98
142)
Puestone Tire & R Flatrut
Gen. Asphalt
Gen. Cigar
Paris Geneva
Berlin
Athens
Milan
Brussels
Belgrade
Yokohama
Monte Video
Rio
Bucharest...
Bürer (Forward)
Silver (Spot)........
War Loan
DO LONDON:
19-5/18
19-7/16
Closing Quotations
December 7, 1937.
Telegraphic Transfer... Bank Bills, on demand 1/3 Credits, four months'
right
On Demandtime.
ON SINGAPORE:-
On demand
Du Japan
On demand wearing
UW INDIA:...
1/2
1041
2-11/16
Os New York:—
Bank Billa, on demand 30 16/16 Credits, 80 days sight. 317/18
ON BATAVIA
On demand.........
O'S PARIO:-
Bank Bills, on demand 9 0. Credita, 4 mouth's sight 970
ON BAIGION:or
On demand
OF MANILA:---
Ox Bangkok:---
1004
Telegraphic Transfer.. }81
Bank, OD
201
On demand... pianemas 140
Sovazione Bank Buying
Bateeereszotantonime: 1/3 1/38 BAR FILTER. De da ma 18.7/18
Hong Kong Bank, $1500. H.K. Fire Ins., $250. Wallacet Harpers, $3.
SALES
Union Insurance, $515/18). H.K. & W, Docks, $28.80. Providents (Old). $2.05. Star Ferries, $81. H.K. Electrics. $541/54.
FALL IN SILVER PRICE
Market Steadies After Price Fixing
"London, Dec. 8. Alarmed lest the 1933 allver agreement should not be renewed and frightened at the possibility of China being forced to liquidate her huge London stocks of silver, Indian speculators rushed to sell to-day.
Most of the acling orders, how- ever, had a limit of 19 pence and when the price fell below this they were consequently withdrawn, zo that business was at a fixed level. only a moderate sale at the best orders being absorbed by "bar" covering.
After the fixing of the price, the market was very quiet. Sellers were most reserved and many were of the opinion that the fall was overdone, pointing out that the United States has too large a stake in silver to allow the world price to sink much lower.~~. Beuter.
UNCERTAINTY '
Gen. Electric ...... Gen. Foods Gen. Motors
Gen. Raliway Signal 22214 Gillette Safety Razor Gudden
Gold Dust Goodrich (BJ.) - Goodrich $5 pt. Goodyear
PHILIPPINE MINING
NEWS
The chromite property of the company is producing good quant!-
RAMEDA MINERALS reports, full swing, Mr. Ramos expects to that its three groups of copper block out a good quantity of oré claims in Tocos Norte are under 'before the end of the year. He active exploration and develop said that from all indications, the ment work R. V. Ramos, presi- property has positive ore deposits. dent, declared that there are over One of the chalcopyrite velns meas- London, Dec. 6. 500 tons of high grade copper, ore ured about two meters wide. The sharp fall of a penny in the already blocked out. At present. 12 tunnels are under operation spot price of silver to 18.7/16 per
Four of these tunnels, according to ounce was recorded at, fixing to- day, the fall being attributed to Mr. Ramos-are yielding chalcocite and quality of chrome ore ho uncertainty regarding the future chalcopyrite prc. He stated that reported. The assays ranged from price of the metal following market the 500 tons copper ore has an ap-42 to 58 per cent. Mr. Ramos told of chromite ore is already blocked reports regarding the possible proximate average assay of 19 per the Bulletin that about 3,000 tons termination of the sales agree cent ment." Forward prica is 18:3/18- As the long range exploration ont, 500 tons of which are piled
and development programme is in in Diriqui port. British Wireless
BUYERS
Providents (Old), $2. Providents (New), 25 cts.
HK Docks, $281. Hotels, $5.15. Realtys. $475. H.K. Trama, $131.
!
Lights (Old), $11.30 Cum all. Cements, $124. Entertainments, $44. Constructions (New), Vibros, $a.
Antamoks, 81 cts. Atoks. 29 cža, : Consol" Mines, 23 ts SELLERS
Providents (Old). 205, : Realtys, $4.85,-
Watsons, 41. Lights (Old), $114 CA,
BALES
HK. Banks, $1480. Providents (Old),, 2.05. Dairy Farms, "- $24. -
THE YOKOHAMA SPECIE" BANK
LIMITED
Capital (fully paid up)
Yen 100,000,000 e- Reserve Fund Yen 134,400,000.00
HEAD OFFICE:-YOKOHAMA
San
Janeiro
Francisco
BRANCHES AND AGENCIES ATT Alexandria Honolulu Rangoon Bangkok Hinking Rio do Batavia Karachi Berlin Kobe Bombay London Calcutta Los Angeles Seattle Canton Manila Semarang, Dairen Moji
Shanghai
(Dalny) Nagasaki Singapore Fengtien Nagoya Soersbaya
(Mukden) New York Sydney
Hamburg Osaka
Tientsin
Hankow
Otaru st Tokyo
Harbin Paris
Tsingtao
Zinkow
Hong KongPaiping
Interest allowed on Current" An: counte
Deposits received for Fixne? Periods at rates to be obtained on
| application,
Y. KANO.
∙Manage Hong Kong, 11th Sept. 1987.
153 157 1184 1181
Texas Gult Sulphur 30 Tidewater Azsos. Ofi Timken-Detroit Axle Transamerica 20th Cent. Fox Films 20th Cent. Fox Flims
pf.
161
*111 11
22
271
.10 10
7
61
11.
Un. 'Carbide & Car-
bon On. Pacifc***** United Aircraft ....... Un. Airline TrEDE-
723
88 *
201
53
541
port
United Corp.
31
581*
501
United Corp. $3 331
131
cum pt.
11
Un. Gas Tprovem't
Un. Light & power
461
451
"A"
31
U.8 Industrial Alco-
bol
21
44
30
31
22
--- ESS
187
18
UB. Rubber
241 25
US Rubber $3 pf 56
421
US. Stee!
58+ 561
347
Vanadium
167 161
Warner Bros Pict.
72 71
*
Westinghouse
Bec. 1091
271 271
Youngstown
28.*
17+ 173
56 214.
Sheet
& Tabe Chase National. B 31* National City Bank 28 Call Money
ཨིཀྑུཾ །གནནྟཊྛ#)ཨོཾཨྰཿཐཱ (ཨྰཿནཱ ཙ བྷཱཛྙྰཨྰཿ གླ ཿརྨཱ, ཤཱeནཱཙ, བྷཎཾབྷཔཱནཱཨྰཿནཱཛཱཚཝ། བྷོཙོཋཝོསྶཧཱུྃ1ཀྐཊྛིཾཤྲྰི ཨྰཿཨྰཿཊྛཾ བ་ཛཱ ཨ k8$ཚཝལླཾ དྷབྷྱོཿ
Canton
Amoy
Ipoh Bangkok Batavia Jobore Bombay Kobe
Kowloon Calcutta
Kuala
Branches:- Iloilo
Peiping Penang
Rangoon
Saigon
Chefoo
London
8)
201
384
5
353
HONG
113
184
411
741*
Hong Kong, 1st March, 1937.
167
15才
BANK OF EAST ASIA," LIMITED.
13
Paid-up Capital
Reserve and Undivided.
Profits
Authorised Capital $10,000,000.00 5,898,800.00
$,776,796.76
P
201
HEAD OFFICE:-Hoxe Kogo
441
58
23+
No. 10, Des Voeux Road, Central.
Board of Directora:—
42
29
it
214
London
علمين
Amoy
21
Bombay
Calcutta
San Fran-
Trinoka
Castan
500 Tiesi
Halphong
Markow
Konolulu... Para
Kobe
Tokyo Semarang Yanover
Tokobama Shangha Farplay .. Batpers
33
Kanila Melbourne Hagnak! New York Jercule
Loans
On
securities. Current
Dairen Foochow
San Fran-
cisco Lumpar Shanghai
Singapore Bourabaya Lyons Malacca Sungei
Patani Haiphong Manila
Tientsio Hamburg Muar
(Johore) Tokyo Bankow
Tsingtas Harbin Mukden Hongkaw New York Tokohama
Current Accounts opened in 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, 12th May, 1937. HONG KONG-BAVINGS BANK
HE Business of the above TH
Bark is conducted by the KONG & SHANGHAI BANKING CORPORATION, Ruler may be obtained on application.
For the Hong Kona & SHANGHAI
BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager.
Sir Shouson Chow, Chairman
PRIPING
TOKORAMA
(Peking) DCAM GIA PENANG
HONG KONG BANGDON
FOREIGN Exomands and General Banking Business transacted.
CURRENT ACCOUNT opened and FIXED DEPOSITS received for One-
rater Year or shorter periods' at which will be quoted on applies tion.
可
The Bank's Head Office in Lon don undertakes Executer & Traster of business, and claims recovery British Income Tax overpaid, on terms which may be ascertained st any of the Agencies and Branches
B. W. ROBERTS,
Manager
THE CHASE BANK
15, QUEEN'S ROAD CENTRAL
HEAD OFFICE:
18, PINE STERET,
NEW YORK.
American Bank offering com plete Foreign Banking Service in the principal Markets of the world. Interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank in entirely owned by
THE CHASE NATIONAL BANK, NEW..
Youx, with Resources over U.8. $2,600,000,000....
D. M. BIGGAR,
Manager
BANK OF CHINA-
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL...$10,000,000.00 (BRANCHES ALL OVER CHINA)
"Li Keon Chun, Esq. Li Lan Sang, Esq. P. K. Kwok, tag. Wong ChuSon, Esq. Wong Yan Tong, aq Kan Ting Po, Esq.
Owing to our numerous Branches Fung Ping Wah, Chau Ching Shek,
Esqin China and connections in the Esq.
principal Commercial Centres "of the World, we are able to extend to our Clients special facilities for Donistic and Foreign Banking and Exchange.
Kan Tong Po, Esq., Chief Manager. Li Tsa Fong, Esq.; Manager.
Branches and Agencies 2-m
Kowloon
Penang Boorslaye Bangoon
Brigos
Bestow Bydney
Head Office: SHANGHAI
Ilongkong Branch:
4. QUEEN'S ROAD, C.
South China Officer:
KONGMOON TOISHAN SHIUOHOW KINGCHOW
We also handle the issue of Bonds
Every description of Banking CANTON and Exchange business transacted. SWATOW
approved granted
Accounts opened in
KMARANG
SEREMBAN
BATAVIA
BOMBAY CALCUTTA CANTOR CAWNPORE
3D
KLANG COBK
KUALA
SHANGHAI
SINGAPORS
SITIAWAN
LUMPUR
BOURABAYA
KUCHING
TAIPING
HADRAS
TIENTS IN
COLUMBO
MARILA
TOFGTAX
DELEI HAIPHONG
MEDAN
(Bhuket)
NEW YORK
SINGTAO
HAMBURG
HANKOW
BARRIX
An
201
281 27 "posits received for one year or
55
Foreign Currencies on terms which and Abroad.
will be quoted on application,
Safe Deposit Boxes To Let.
Local Currency and Fixed De- and other Public Funds of the in Local and Chinese Government both at Home shorter perioda
SHOU J. CHEN
Manager
KAN TONG PO,
Chief Manager.
401
391
30*L
19%
1%
།
B.K. SHAREBROKERS ASSOCIATION
1 93. CIV.
• Bid