1936-09-30 — Page 12

12

DAILY SHARE QUOTATIONS

Hong Kong Stock Exchange

Sharebrokers

"Association

Mayıs

Sellers

dal

Nomina

TUESDAY, SEPT, 29...

Baliare

Malen

Momlo

Banks

$1,8101

FL.K. Banks

*******0 $1,608)|

£102

Bo. (London) .......

216)

Chartered Banks....

231)

Mercantile Bks. "A"

ed cd

HONG KONG DAILY PRESS, WEDNESDAY, SEPTEMBER 30, 1936.

H. K. STOCK EXCHANGE

AND

H. K. SHAREBROKERS ASSOCIATION

Philippine Gold Mining Quotations

29th Sept.

29th September, 1938

Time Received

Closing 10.10 10,11 10.15 10.25 10.40 10.50 31.10 24

Rates

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 Funda :-

Sterling

AUSTRALIA AND CHINA. Incorporated by Royal Charter, 1952

́HEAD OFFICE:" "LONDON-

$3.800.000

prietors video

· £5.000.000

$3.000.000

Agencies and Branches-

ALOR STAR ILOILO.

AMRITSAR :' IPOH "

BANGKOK KARACHI

KLANG

BAIGON

BEMARANG

BEREMBAN

HANOMAL

"SINQUORE

AUTLAWAN

1

£6,500,000

Hong Kong Currency

Reserve

.$10,000,000

Paid-up Capital..... Reserve Fund Reserve Liability of Pro-

Closing

3.00 3,10 3.25 3.40

Reserve Liability of

Proprietors

.$20,000,000..

Head Office:--HONG KONG

3.60

374

Board of Directors.

་

Hon Mr. J. J. Paterson,

Hon. Mr. W. E. Bal.

Chairman, SALOUTTA

CANTON

G. Miskin, Eeputy Chairman. CAWNPORE

KUCHIKO MADBAS"

A. H. Compton, Esq..

Antarioka

3.00 3.65

3,53

1

*⠀ ⠀⠀ HIRI

Atoki

ON

88

Baguio Gold

39

Benguet Consol

.14.00 14.00

ย

14)

$170

Benguat Explor

29

N-

c d

1580

Big Wedge

50

30

C

C

51

80 ota

-Demonstrations

西

89

H

91

..H

$457

#953

I. X. L.

1.95

2.00

A

1,95

9.00

1.90 A

2.00

Itogons

2.00

1.80

N

1.00

1.93

N

{

Masbates

84

Gu #63

મ

$4

39

130

Northern Mining

32. 311

BE

لاق

· 314

21

13.90

$20

Farscale Gumaus

69

60

D

|

120 110/-

San Maurició;

3.10 3.15

3.20

Suyoc Consol

37

50

129

United Paracales

1.00 1.90

1.85

83 83 80

1,60 1.80

Shipping

$30

Douglason

Steamboate

130

Indos (pref.)

330

Do. (def.) r

110/- Shells

$14

Waterbomta

Mining

73jela.

Balatoes....

19 s.

Hold Birar....

19 ota

Amoy Bangkok

60 ata

Gold Crook......

62 ct.

Batavia

190 cts.

Balsootä .. .. mum.

19 cts

10/0

Kailans

Bombay

10%

Calcutta

Langkaia (single) 8.

K

Market Commmt.

Irr

♦

S

S

Q Q

th A

S- D

ર

Canton

Explorations.......

39 65

12

19.30

Chefoo Colambo

$11,35

Dairen

141

Foochow Malacca

MATAMKA

BOMBAY

KOAL

"KUALA

LUMPUR

BOITIARAYA

TALFING

*

CIBU COLOMBO

TISHIN

MANILA

ТОМСКАН

DELEI TIPEONG

MEDAN

(Bhuket)

NEW YORK | TRIFFTAD

HAMBURG

TOZHAMA

$50

Do.

Bank of East Asia...

N. G. &B. Banka e

Insurances

1970 Canton insurances..

Union InsuraDOSE ..... Underwriters

COLATE

Chins Ficonk

ALK. Firs

3 Interactional Asson, d.

$589 $595 $580

1462

$250

$1164

$17

$9.35

$2,40

20 at

$13

$8.15

B.

Shanghai Load.

Kauba

Venesuela Gold Fldu.

Docka, WharTOS,

Godowns, eto.

H.K. & K. Wharres į

Do.

Do.

(New)...

Providente (old) --- $9.40

Do. (new)

H.K. & W. Dooks

S. China Motors A

1 Shangazi Docks 8.

(old) -

$3.

$181

New Engineeringa.

Hongkowa

B.

$11.45

**

$1

$11.7

+4

190 ctu

1811

54

Lands, Hotels, and

Bulidings

H.K. Hotels

~*......$6.20

B.K Lands........... Do. 4% Debentures

Shanghai Lands...B.

Metropolitan Lands.....

H.K. Healties.......... China Do menuđe

Chincas Rata, Len........

S'ha Cottons(uld)S.

Wing On Textiles(S.)

10)

126

1

144

101

16

H. K. STOCK

EXCHANGE

YESTERDAY'S OFFICIAL QUOTATIONS

[ 1

The market was quiet to-day. but prices on the whole were well malaţained.

Manlia was steady throughout the day, but closed quiet.

United Paracale are quoted ex right: 100,000 shares are being, Issued at the rate of 1 new, for 10 old at Ps.1.75. Subscription for the new shares closes on Saturday, October 3

BUYERS

Hong Kong Banks, $1,610. Bank of East Asia, 580.

$1

Union Insurances, $5821.

$394

Wharves, $1164.

320

141

$100

111

#19

16.20

$4

160

101

Do. Debenturess, Humphreys

********

378

Cotton Mili

$10 $72

19.30); [60

„S. 19.80

... Du

(new S.

Zoung Sings

$18

$25

Pablo Utilities

3124

1124

Tramways

$11.00

Poak Tramm (old) .......!

$91

Lla (now)...)

195

AM

Star Ferries...

3x24

Yannali Ferries ... 392

$16.401 312.10

$543

18 30/60

$12.10

643/56

Chin Lights (ald}...

15.30/60

Bu. (DOW)...

$12.10

H.K. Electric ...... 2541

JYD

Macau do.

R.K. Lancs, $402.

26.30

Sandakan Ligute...|

$31

319.10

Do.

Telephones (old)....

$312

(now)

$11,70

$11.80

Sub

*

24/

Canton Ices, $2.20.

13

$9.20.

$12.85

Chips Buses.......

Traction

Do. (pre£)....

Industrials

Malabon Sugars

St

$19

Caldbeck, Lord) d.

$15

Macgregors (pref.18.

Canton Ices

812.66

-$12

Constructions, (old)|

150 sta

Lane Crawfordāna

#!

$3.90

J23

183

16

13

$1.85

Veinenta

Кора

*Miscelaneous

Dairy Farmas

Amuseïnenta

Ch. Wainment...... $31

Do.

Mackintoshaisissa

Nanyang Tobaco...

Watsons

40 cta. Wm. Powells

$2 M Greyhounds......

$135

O Enterprises...

97%. ULG.6% 1925G. Bdr

d

312.60) 11.45/5 $3.80

HK & W. Docks, $132. Providents (Old), $235. Providents (New), 20 cts. Raubs, $11.35. Lemonstrations, $1.49. Masbate Consol., $1.02. Paracale Gumaus, $1.14. San Mauricio. $5.10. Suyce Consol, $1,22.

Hotels, $6.15.

HK. Trams, $12.

China Lights (Ola), $15.40.

China Lights (New); $12.10. Electrics, $644.

Cements, $12.65.-

Ewa Cottons, Sh.$10. S'hal Cottons (Old), Sh,$74. S'hal Cottons (New), Sh$42. Govt. 4 per cent. Loan, 8 per cent.

Frem.

Glovi. 31 per cent, Loah, par.

SELLKES

Union Insurances, $585. Demonstrations, $i}. Northern Mining, 53 cts.

SALES

$231

$1:00

$0.80

Union Insurances, $580. Whartes, $117.

$4.30

95%

prem.

+LK, Gort. 4% Loans

$109

Do.

a1%

$:00

Wallace Harper .........

$69.

H.X Wing Do

Bran 10

HVibro Piling

BONGKONG METEOROLOGICAL

REGISTER.

Hong Kong Upweyasory, Sept. 19,

Previous On Date On Date Day st st 1st-4pm. 10 am. 4 p.m.

Providenta (Old). $2.35-2.40.

Baguló Gold, 62-64 cts.' Big Wedge, 80 CLS. Consolidated Mines 104 cts. Demonstrations, $11. Masbate,Consol, $1,05. Paracale Gumaus, $1.15-1.18. San Mauricio, $5-5.10. Santa Rosa, 171 ets.

Spyoc Consol, $1.21.

United Paracale, $2.92-$3.

Universal Explor., 53) cts.

Hotels. $6.20. W

Humphreys, $91.

H.K. Realties, $5.80,

HK. Trams, $124-12.80.

Star Ferries, $95.

China Lights (Old), $15.30-15.80. China Lights (New), $12.10.

Electrics, $541-55. Cements, $12.65. Dairy Farms, $23. Ewg Cottons: Sh.$8.30-9.80.

SINGAPORE RAW RUBBER

HONG KONG TIDE TABLE

From Sept. 39. to October 6, 1934.

HIGH WATER,'

LOW WATER.

Boug

Date of

Kong

Standard

Time.

Height.

Hong Koog- Standard E

Time

Height

Harmotor... 20.78 19 84 29.77

Temperature Humidity.

B1

77

17

68

87

Latest Singapore Price

Wed. 30

OR 257 S

Thar.

'09.20 17.1

Direction NE Force Weather

ཝཱ

ร 0

0

OB

Hain

Fri.

Bat.

05/35 1.4

231

1651 55

23, 58: 7.8

20 49 6 T

Fin. Wind

h. m. 09118 14:47 り

62 57 20

1815 18

21 24 721618

910 1489

Highest open-air Temperature, 158 Lowest, open-air Temperature,

BBlus sky; CCloudy; D- Drinle Frogy LLightning; PPdesing

M-Mist;

Showers;

Te-Thunder.

78 ,79

PHILIPPINE MINING

NEWS

In the September 14, 1936, issue teal. Dean of the gold mining of Time Magazine, there appears business is old Judge John W. went to the resume of the present gold min- Haussermann, who ing boom in the Philippines, and Philippines 38 years" ago as a se- the part played by President cond lleutenant of the 20th Kansas Manuel L. Quezon and Judge Jahn regiment and returned last July as Quezon is Republican National. Committee- W. Haussermann. Mr. quoted as saying that if the gold man to hear Alf Landon accept his mining industry is given.. encour-Presidential nomination. The tale bulwark of concerning his is that anyone who agement, it will be a

put $100 into his Benguet Con- Philippine economy in the years to

solidated Mine in 25 years ago would come should the trade privilege, ac- corded, Philippine products in the be worth $500 000 to-day. Even su, although he nursed his company American market be lost...

along since 1909 it did not get in- to the big money until after 1926. when new ore deposits were dis- covered. Not until 1933 did its earnings exceed $2,800.000 a year: last year it earned $3,500,000.

"

A clipping of the article, came via Clipper air mail, and the Bulletin 1s pleased herewith to reprint the article for the benefit of its rea- ders in advance of the arrival of

copies of the magazine:

THE QUEZON BOOM

In 1927 the Balatoc mine,was a $500,000 hole. In the ground, which borrowed $250,000 more, paid it South of Ottawa, in the sleepy back from earnings in less than little Canadian, town of Arden Ont., | two years and by 1934 was paying with a population of 215, there was $2,000 000 a year in dividenda. Sev last week a great hullabaloo. Ele-eral other mines have had smaller ven miles beyond Arden two proa- but equally brillant records, ac- pectors named Newton and Al-companied by tales of Tom-Dick- exander had staked guid 'claims. &-Harry made rich overnight. Ore from these diggings, assayed

This was boom talk. All that was needed to start another mine

cumstances"! (1)- prospective Philippine independence which

Hon. Mr. S. H. Dodwell,

Hon. Mr. M. T. Johnson,

J. R. Masson, Esqə

KS. Morrison, Esq..

T. E Pearce, Esq.,

A. L. Shield, Esq..

Y. M. GRAYBURN, Esq.,"

Chief Manager.

Johore

Branches:- Hoilo Peiping

Penang Ipoh

Rangoon Saigon Kobe Kowloon San Fran Kuala

Lumpur Shanghai London Singapore Lyons Sourabaya

Sungei

Haiphong Manila

Hamburg Muar

Hankow

Harbin

Hongkew

Current

Patani

Tientsin

(Johure) Tokyo Mukden

Tsingh

New York Yokohama

PRIPING

HANKOW (Poking) mannoÄSTGA

KISKIH

HEWANG

HONG KONG BANDOOK

FOREIGN EXCHANGE and Ganeral Banking Business transacted.

OCRRENT ACCOUNTS opened, and FIXED DEPOSIts recoived for "One, Year or shorter periods at rates which will be quoted on applies- tion.

*,

The Bank's Head Office in Lon- don undertakes Executor & Trustee business, and claims, recovery of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches,

A. BREARLEY

Manager.

Accounts opened in Local Currency and Fixed Deposits 15.

receive for one year or shorter periods in Local Currency and Sterling on terns which will be quoted on application.

Also up to date Safe Deposit Boxes in various sizes To Let.

Hong Kong, 3rd July, 1936.

HONG KONG SAVINGS BANK

TH

THE Business of the above Bank is conducted by the BONG KONG & SHANGHAI BANKING CORPORATION, Rules may be obtained on application.

For the HONG KONG & SHANORAi

BANKING CORPORATION.

V. M. GRAYBUEN,

Chief Manager. Hong Kong, 24th February, 1938

THE

THE CHASK BANK

QUEEN'S ROAD CENTRAL

HEAD OFFICE:"

18, PINE STAKET,.

NEW YORK.

An American Bank offering com plete Foreign Banking Barvice in the principat Markets of the world.

Interest Rates on Application.

SAFE DEPOSIT BOXES

41.

This Bank is entirely owned by THE CHASE NATIONAL BANK, NEW YORK, with Resources over US. *$2,097,000,000,00

D. M. BIGOAR

Manager.

THE YOKOHAMA SPECIE BANK

LIMITED

Capital (fully paid up)

Yem 100,000,000 DO Reserve Fund... Yen 130,000,000.0

HEAD OFFICE-YOKOYAMA

BRANCHES AND ́ÅGENCIESİ AT: Alexandria Honolulu Bangoon

AMERICAN EXPRESS CO Bangkok Hainking Rio de

aneiro

Francisco Los Angeles Seattle

lanita Semarang

Increparatevi with Fɔplied Liability in U.S.A.

Batavia Karachi Berlin Kobe Bombay London Calcutta

41

Canton

Moji

Shanghai Singapore

by the Canadian Mines Depart ment, was reported to contain $200 to $800 of gold per, ton. Holling stock boom were & jew "clr- inger, Consolidated Gold Mines, Ltd, had bought the claims and was about to start drilling while dozens of mining engineers, hun dreds of prospectors were stalking Arden's once placid streets. Again Depression, which steeps most men

de in, gloom and poverty, was monstrating its power of bringing hope, and sometimes wealth Spanish capital in the islands; (4) Anstan

the greater venturesomeness those who tie, their fortunes to

British and Chinese capital. gold.

will put other Philippine exports Head Office: 65 BROADWAY, NEW YORK Dairen outside the US, tariff wall, there-

Capital by making them unattractive for investment: (2) $16,000,000 of Surplus.

Reserver A.A.A. sugar benefits which pour

%

The demonstration was not how-

Apersbaya

"(Daloy) Nagasaki 1.8.$6,000,000.00 Fengtion Nagoya U.8.82,240,344.38 (Mukden) New York "Sydney 0.8. 867,012.65 Hamburg Osaka

Hankow Montreux

Harbin

ed into the islands; (3) the Span-Amsterdain

Antwerp ish revolution which marooned

Glasgow

The Hague Munich

of

Athens

#

Basle Berlin

ever, the most striking evidence Then two months ago the boom hit, of the peculiar power of gold over Compared to a year ago, the stocks of most of the established compa- Depression. The Philippines hasnies have nearly doubled in price. not only a gold boom but also a mining stock boom, and last week The prices of typical new compa- its fint frenzy was augmented benles have doubled, tripled and qua- drupled, mostly quadrupled All cause it had virtually been given summer between 10 a. m. and noon an official blessing by no less a

person than strutty little Manuel Quezon, President of the Common wealth. F

Hamburg Naples "Haranı Nice

Havre Paria Heidelberg Peiping Interlaken Piraeus

Mining stocks rose gradually. Bombay.

Brussels Jerusalem Rome Cairo Liverpool Rotterdam Calcutta London Shanghai Cannes Calomtu

Lucerne Singapore Lugano Southampton

Tientain Copenhagen Luxor Dublin Manila Venice Edinburgh Marseilles Vigans “ Florence Milan Yokohama

Monte Zurich Genera

Carlo Genpa

the Manila Stock Exchange on the Escolta was crowded with "Escolta minegs-Lawyers, doctors, mer-

chants, newspaperzen, .. gUVELTY

Paris

Peiping

Hong Kong

Tientain

Tokyo Tringtao

Yinkow

Interest allowed on Current Ar- counts,

Deposits received for Fixed Perioda at rates to be obtained on application,

› G. ⠀ KISH INAMI,

What 4 pm Manager. Hong Kong, th Sept 1838

BANK OF EAST ASIA, LIMITED.

*Authorised Capital $10,000,000,00

Branches of American Express Faid-up Capital 5,408,000.00 Company in Principal Cities of Reserve and Undivided 10 BTK F United States of Americs and **Profits Re Canada.

.1.

*

All classes of Commercial Bank-

It was the second boom of its ment officials, speculating glee- kind in three years. The first one fully, many of them starting with struck the Philippines la 1933 when no more than 100 pesos ($50) caping Transactions undertaken. the dollar was cut loose from gold Ital Five Americans and Ave In that year 14,858 Philippine gold Spaniards, said to have been worth claims were stared. The Philip almost nothing a year, were

Personal investment accounta handled.

HEAD ONION -Howa Kowa No. 10, Des Voeux Road Central

Board of Directors i Bir Shonson Chow, Chairman

Les sang, Esq. Chequer 18t of PKR china Wang (1 on RAG travellers the use of its "Travelers P. KKwok In one day the exchange had a and, in addition the world wide. Chan Ching Shak, Esq. went zooming. A boom in gold turnover of 7,451,127 shares-most services of its thoroughly equipped

Kan Tong Fo, aq, Chief Manager. stocks swept like a typhoon through of them priced at only a few cents Travel Department.

Li Tse Fong, Esq., Mannuof.

pine gold mining business, which credited with becoming milliari-The Company offers to intending Li Koon Chon, Enkwang Chison, Faq,

had only been coming into its own aires. about the tithe Depression hit,

Mania, “Then, the stock boom collapsed, as such booms do, but not the mining business.

hut 100% prode is just as good on cheap stock as on an expensive one. The exchange was a bedlam With only 20 members, its facili- ties were swamped. Tickets were ordered from the U. S so that cus-compatriots put his blessing on the 67. The value of the Islands" an-tomers might go to brokers offices boom: "In their mines the Philip-

Newly discovered mines came in to production. The price of gold was now $36 an of instead of $20

nual gold output jumped from $5 instead of to the exchange to do 000,000 in 1933 to $11,000,000 in business Brokerage became tre- . B. JOSEPH & CO.

1934 to $15,600,000 in 1935 and this mendously profitable. Beats on the Tuesday, Sept. 29...

year is well on the way to over exchange which sold for $500 when Mezera, H. B. Jušeph & Co. re- |-$20,000.000. As such only two of it was organized three years ago, ceived the following quotations the islands' exports, sugar (valued were worth 14,000 1st December. from Singapore in Straits Curat: $36,000,000, in 1835), and coconuts are

now valued around £30.000 rency for Raw Rubber? ..

(valued at $36,000,000 in 1935) will each. be more important.

This glorious sensation of sud- This

business was den riches could not help being growing temptingly profitable. Its tales of felt in high places. Fortnight ago wealth, sudden and not so sudden; } President Manuel Quezon with are fabulous and some of them are more moderation than most of his

Spot

Jan.-March

April-June

-Oct-Dec.

MarketFirm

Buyera

.... 261 up

31 up 1. 271 up 1 25% up. 1

J

C. 'H, BENSON,"

General Manager.

Branchel and doonder;-

Amoy Bateria

Kowloon Kendos Martia

Boury

Baloutta

Haiphong Ker fors. Amuskla

Honolulu

Bingapor

Tokohama

pines have a storage of great wealth. If reports of the Bureau of Science are justified I belleve that our country is one of the rich est in the world.

l this industry is given encour agement, we can look to it to be of great help to us if, when the re- public is proclaimed, we should lose some or all of our trade privileges. The industry will then tide us over until we can develop new markets or build new industries.

be

Pri Friping

Every description" of" Banking and Exchange business transacted. Loans granted on approved securities. M

Kor

Current Accounta opened in Loss Currency and Fixed Do- posts received for our res shorter periods in Foreign Currencies on teribs which

ll be quoted on Rate Depouti

Ы