1937-01-01 — Page 12

Daily Press 孖剌西報 All

Series Prev Next Source

Вир

DAILY SHARE QUOTATIONS

Hong Kong Stock Exchange

$1,880)

iii îi

$300

$812

Sharebrokers'

Association

Sellere

| Sales - | Nominal]

THURSDAY. DEC.. 31.

Ballora Bayes

Scie

!!!

Banks

H.K. Banks

N. 0. S. BarKU

***

2110

Bo. (London)

#181

Uhartered Banks ....

Mercantile Bks. "A"

Do.

$82

Bank of East Asia.... 184

***

Insurance

Canton fusar#1064..

Union Insurs11006 ..

Underwriters

70 ata.

China Fires ******

จา

141

$300

$30

3740

$35

10/3

Shipping

H.K. Fires

13 International Assos, S.

Douglason

Steamboats an

Kudos (firef) ......................

Da (def.).

197/6 dheits $10)

244

Waterboate

Mining

Balatocs -

Gold River. N Gold Creek......

Kalians............. Langiata (single) B. Explorations....... Shanghai Lowns 8.

$13.10 Haubs 312.30

Venozarin Gold Fids.

Docks, WharVAS,

Godowns, eto

H.K.K, Wharver.

Do. (old)

(new) ***

Providents (old). $1.68

Do. (new)

1.K. & W. Dooks

8. China Motors ‘A'

Shanghai Dooks S. New Engiaverings8.

Hongkews ..... B. Lands, Hotels, and

Bul.dings

***

$107

Do.

31 70

120 at

冰牛

314.20

***

1 4 1 1 48

HONG KONG DAILY PRESS FRIDAY, JANUARY 1, 1937.

LOSING TRADE

IN INDIA

SERIOUS PROBLEM

FOR FUTURE

Political, social and industrial changes in India are having a profound effect on Britain's trade with that country.

LONDON EXCHANGE RATES

BANKS

HONG KONG AND SHANGHAI | THE CHARTEREDIBANK OF INDIA

BANKING CORPORATION

Issued & Fully” Paid-Up #20;000,000,

AUSTRALIA AND CHINA incorporated by Royal Charter, 1859

HEAD OFFICE: LONDON,

Reserve Liability of.

Proprietors ha

(Beltin Wirefom Servion)

Dec. 29,

Paris

103.9/64

Dec. 30... 105.8/64

Authorized Capital

...... $50,000,000

Geneva mulhereonasmanı

21.38

21.37

Berlin

12.21

13.20

Reserve Funds :-

Athens.

550

Sterling

£8,600,000

Paid-up Capital........

MUAD

93, 9/10

931

* Hong Kong Currency ~"

Copenhagen

22.40*

22.40

Reserve

Reserve Fund S..

$10,000,000

Stockholm

19.391

19:39

Shanghai

1/21

New York

4.91 9/10

4.00 15/16

$20,000,000-

Amsterdam

8.971

8.901

Vienna

201

261

Prague

140 5/16 Nom

1481

Head Offles!—HONG KONG

Board of Directors. Hon. Mr. J. J. Paterson,

G. Miskin, Eq

KLANG

KUALA

LUMPUN

Deputy Chairman. | CAWNPORN

KUCHING

A. H. Compton,” Lagu yan Hon. Mr. & H. Dodwell, Hon. Mr. M. 41. Johnson,

MADSAN

COLOMBO

-MANIK

DELI

MEDAN

Sir Thomas M. Ainscough, H.M. Bentor Trade Commissioner India and Ceylon, in his report for 1939-36, published recently, 814 states that "the serious limitation of the Indian market`as an out- let for oversea riporta dn account

0 of the rapid development of local secondary industries is likely to present serious problems for United Kingdoni trade in future." As result of the activity of the Indian cotton mills, local produc- tion of cloth increased during the year to the record figure of 9,671,- 000,000 yards, In consequence," imports were reduced to 946,000,- 000' yard, compared with 3,000,- 000,000 yards in 1919-14 and 1,466,- 000,000 yards in 1928-29

$108

$1.70

10 ste.

ફા

$80

H.K: Hotels

$8.20 $6,10

H. Lande... 133

#105

Le. 4% Debentares

$10%

$10

Shanghai Lande...d.

810

14.00

$80

191

$70

$16.50

Ewo

386

S'ha Cotton(old £3.

160

131

Zoong Sings ......

137

Metropolitan Landa..

H.K. Healties arena China Do.............8. Do. Debenturos3. Humphrey audi Chinese Estates......

Cotton Mis

Do. (DOW)S

Wing On Textiles(8.)

Pablle Utili

Tramwaya ........ Peak Trams (ok) ........

Do (now)...]

$12!

303

Star Ferries

$13813.50 18.40/ [GB

110,40

Yannati Ferrios. *** Chins Lights (old)... 13:40

Do (LOW)...

JAB

1561

ELK. Electrica

120

Macao do.

630

1301

$10

110.86

$2.05

$11

$21

3214

Date of

prem.

༄# 18:༐a༅ ཿ༔ བྷཌྜྷྱདཿ ཝཧཱུྃསྱ 1:ༀབྷཱུཏྲྰཾཤྲྰི་

$20

310.80

Saudakan Lights .... Telephones (old)

Do.

(new)

China Bares De

93 Tractions ..........

Do. (pret.)ed

Industrials Maishon Jugurs

$194 Caldbeck, er. Macgregors f(pref.18.

Canton Idea

Cementa

Kopenala

MiscellaneoTIS

Dairy Farms Amusement******

$3,40 Uk. Etainments...........

Constructions, (oidį}

|42pots.

Do. (new) (3 ate Lane Crawford.co Mackinwaha atasi Nanyang Tobacco...

Rinceres. Watsons.ro.pos

Win Powells

M. Greyhounds

8. C. Enterprise.

9317, UL.G. 621925G,9Bds.

K. Gort. 4% Loans

HE.

Wallace Harper......

B.K Wing

8'baj

Vibro Piling

Height

Do.

$15,16

136

8192

Romua 288:

13.40/51

!!!:::

$1.70

#11 - $2,80

131 $1.70

$5.90

Madrid

Beer Boar Bombay

Montreal Brussels

Yokohama.

Belgrade Monte Video

Bucharest

Silver (forward) Silver (spot) War Loan

110 3/16

Nom,

1/2 15/16

1/6.5/32 4.903

Rosarve Liability of Prav

prietors

Agencies and Branchet --

ALOR STAR ILOÏte → BAIGOR

AMRITSAR POR

BAKOZOK KARACHI

BATAVIA

BOMBAY

* Chairman, 3 PALCUTTA

CANTON

J. R. Mason, Esq.,

K. S. Morrison, Esq...

T. E. Faros, Esq

A. L. Shields, Esq.

V. M. GRAYBURN, Esq.,

Amoy

Chief Manager.

Peiping Pendag Radgoon Saigon

110 3/14

1/2 15/10

1/6.5/32:

4.914

29.14

1/2-

29.13 1/1.27/32

213

307

391

STO

670

211

21 3/18

211

217

105 7/16

1051

Closing Quotations

Branchen:- Itoilo

Bangkok Ipoh

Batavia Jabore

December 31, 1936.

O NEW YORK :----

Bombay

Kobe

On LoRDON :——

Bank Bills, on demand 30)

Calcutta

Kowloon

Bank Bills, on demand 1/2 Credits four months'

sight

ON BATAVIA:

Credita, 60 days' night. 30}..

Canton

Kuala

Chefoo

On demand

Colombo

1/3 6/39

OX PARIS:-

Dairon

On Demand........... 102į.

Haiphong Manila

ON SAIGON :---

Hamburg Muar

On demand

847

Hankow

**.......... 38)

ON MANILA« —

Harbin

Un demand ..................................

60%

Hongkow

ON BAQIRI- Ou demand

1408

Current

BOYERALONS Bank Buying

Bate

Local Currency and Fixed Deposits

1/3

Bank, on demsad 817

BAR SILVER, par OL kam 218

Similarly, local production displacing imported fron and steel, India's purchases abroad having dropped from 1,170.000 tons 1935-36.

'CO-OPERATION NEEDED

The report adda::-

- Telegraphic Transfer...

ON SHANGHAI :~~

ON BINDAPOR!~~~

On' demand

On JAPAN A

"It is quite likely that within a very few years, India will be producing 900,000 tons of finished steel and will probably be supply- ing a large part of her require-O

ments.

"The only solution, from the point of view of the United King- dom steel Industry," is to follow a

On demand

riging

Telegraphic Transfer...

Bank Billa, on demand 651 Credits, & month's sight 677

polky of co-operation with the THE IMPERIAL AIRWAYS FLEET

Indian producers

regulate prices and to ensure that products, for which there is, a demand in India but which would not war- rant domestic production, should bow obtained from the United Kingdom."

The reduction in imports of cotton textiles, iron and steel and railway equipment, which have hitherto been the mainstays of United Kingdom trade with India may be onset by an expansion in other directions resulting from the rapid development of the country.

The resilience shown by imports of machinery, chemicals and transport vehicles is most marked. There has also been an astonish ing growth of demand for elec- trical appliances of all kinds, elnematograph filme, wireless and broadcasting equipment, telephone Installations. refrigerating and air-conditioning plants, and sppecialised equipment required for a rapidly growing industrial community.

CHANGED OUTLOOK "On all sides one sees a changed outlook towards commodities formerly regarded as luxuries, but which are now considered to be necessities for the enjoyment of a fulle the report adds.

Air-Liners In Operation Or

Construction

fact to be taken into consideration is that, since the devaluation of certain Continental currencies, there has been a 'notable increase In travel by the Imperial Airways routes.

Reckoning aircraft in operation, Itributed largely to the comfort of and new flying-boats and land- the big modem air-liner with its planes in construction, the Im-well-heated saloons and service of perial Airways fleet now numbers hot meals while in the air. Another 76 aircraft, the engine power of these machines representing a total of just over 170,000 horse-power.

"Centaurus," the third of the new fleet of Empire flying-boats. will be next to operate in the Mediterranean. "Canopus," the It may be mentioned that the first of the new fleet, is already in Company's London-Budapest route "Caledonia," | is running every week-day to each the Mediterranean.

direction this winter, instead of twice-weekly as was the case last winter: Three services a day are maintained in each direction be tween London and Farly. Increa- kingly popular, particularly with business men, is the "dinner ser, Vice" which nies every evening in each direction on the Parts route. SIXTY SPECIAL MOTOR-CRAFT TO BE PROVIDED A fleet of arty fost

the second of the flying-boats to be completed is to be employed initially on long-range test nights to obtain data for the Atlantic ser- ice. Another of the flying-bosts will also be detalled for a similar purpose.

The other units of the new ying-boat fleet will be completed. and put into service on different sections of the Empire routes, at intervals of less than a month.

In addition to these 28 flying- boats, which are being built for Imperial Airways by Messrs. Short Brothers (Rochester and Bedford) Limited, 12 large land-planes of a monoplane type are now under construction for the Company by brief, India is rapidly being drawn Sir W. G. Armstrong Whitworth into the world' economic system. Aircraft Limited. These monoplane and United Kingdom exporters air-liners are to be known as the must recognise that fact,"

"E" class, and the first will be given Most of the classes of imports the name of "Ensign." affected by these developments

San Fran-

cisco

Lumpur Shanghai London Singapore Sourabaya

Lyons

Foochow Malacca Sungai

Patani Tientsia (Johore) Tokyo Mukden Taingtao New York Yokohama

Accounts opened in

HAIPHONG НАМВИВО HANKÓW.

HARDIN

NEW YORK

PRIPING

SAMARANG

SEREMPAN

SHANGHAI

BINGAPORE

SETIAWAN

NOURABAYA TAIPING

TORGWAR

Bhaker)

TULKOTÁO

YOKOHAMA TE

"(Peking) KaMBOANGA PENANG

TONG TONG BANGOON

FOREIGN EXCHANGE and General .... Banking Business transacted, **.

CURRENT ACCOUnts opened and | Fixso "Derogirs received for · On? Year of shorter periods së rates which will be quoted on applicá.

-tion.

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

A. BREARLEY,

Manager.)

THE CHASE BANK

received for one year or shorter 14, QUEEN'S BOAD CENTRAL

periods in Local Currency and Storting on terms which will be

quoted on application.

Also up to date Safe Deposit Boxes in various sizes To Let Hong Kong, 1st Nov., 1936.

HONG KONG SAVINGS BANK

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

For the Hong Kong & SHANGHAI

BANKING CORPORATION, TE

Y. M. GRAYBURN,

• Ohief Manager. Hong Kong, th February, 1936.

THE AMERICAN EXPRESS

INC.

Incorporins with Eimillad Liability in Q.BA.

HEAD OFFICE:

18, PE STREET,

NEW YORK

An American Bank offering com

plete Foreign Banking Borris In the principal Markets of the world. "P-NA Interest Rates on Application,

SAFE DEPOSIT BOXES

This Bank is entirely owned by THE CHASE NATIONAL BANK, NEW Your, with Resourom over U.S. $2,027,000,000.00

D. M. BIGGAR,

-Manager.

THE YOKOHAMA - SPECIE BANK

LIMITED

Capital

paid up) (fully MAN Yen 100,000,000.00 "Reserve Fund .... Yen 130,900,000.00

HEAD OFFICE:-YOKOHAMA

BRANCHES AND AGENCIES AT: Head Office: 66 BROADWAY, NEW YORK

Alexandria Honolulu -Rangoor. .............0.9.18,000,000.00 Bangkok Hanking Rio do

U.S.82,240,344.38 Batavia Karachi #ageiro U.8.8.897,612.6 | Berlin Kobe Sua '.

Francisco Calcutta Los Angeles Seattle

London

Manila Bemarang

Canton Dairan Moji

Shanghai

(Dalny) Nagasaki Singapore. Fangtien Nagoya Sourabaya (Makden) New York Sydney--

Capital Surplus... Reserves...... Amsterdam The Hague Montroux Bombay Antwerp

Hamburg Munich Athens

Havana Naples Basle Havre

Nice Heidelberg Paris Intertaken Peiping Jerusalem Piraeus Liverpool Rome London Rotterdam Lucerne Shanghai Lugano Singapore Colombo

Southampton Copenhagen Lio Dublin Manila Tientsid Edinburgh Marseilles Venice Florence Milan Vienn

Monte Genera

Yokohama t Genoa

Carlo Zurich Montreal Glasgow

ist motür-boats have been ordered to act as marine Berlin tenders to the big new flying-boats Bombay on the Empire air routes. These Brussels new motor-craft will be specially Cairo equipped for use in harbours, or on Calcutta lakes or tropical rivers. Two types Cannes are being constructed. One will be known as the "control" type, and the other as the "auxiliary" type.

Thirty boats of the "control" type

are now under construction by the British Power-Boat Company

Several of these monoplane air-Hythe. These "control boats will are those in which United Kinginers will be used on the Imperial have the task of superintending all dom manufacturers already hold Airways Continental routes. Others the movements of the aircraft at a large share and are keeping will be put into service on the their marine alighting-points. The abreast of market requirement. main Empire Unes Weighing when boats will be fitted with wireless Sir Thomas recognises, however, fully-loaded approximately 20 tons, transmitting and receivingTM sets, that until there is a lowering of the air-liners of the class will and also with a visual signalling $103 the tariff and a considerable rise have a pay-load capacity of from equipment, and with powerful

in purchasing power any material improvement in the import trade will be impossible,

$108

$52

361

244

*Sales to Shanghai

***Height,

REVISTER.

EXTRA MANILA CLOSING QUOTATIONS

Hong Kong, Dec. 31 Extra Manila closing quotations agures kindly supplied by Messrs. Els & Edgar.

an hour.

As equipped for use on European services, these "E" class aircraft

...

3 to 6 tons Their four engines searchlights. They will keep in will develop a total of just over touch with approaching flying 3,000 horse-power, and the air-boats by wireless, and will guide liners will be able to reach a speed the aircraft to their lighting In the neighbourhood of 200 miles points: In the case or night descents the searchlights of the motor-boats will be used to flood- light the landing area.

The motor-craft will also be used to transport passengers, mails, and freight to and from between the fircraft and the shore. Ajee.

Each boat will be 37 feet 6 inches long, with a beam of 8 feet 8 inches. The crew will be housed in a for- ward control-cabin, and behind this will be a spacious cabin and a large cockpit which will provide sccommodation for 20 passengers. together with mails and freight." THE AFRØDHOME VÍSITOR'S

will carry up to 42 passengers in four large, luxuriously-appointed saloons. The passenger saloons will be scientifically ventliated and heated, and, owing to their position away from the engines, and the sound-deadening materials used in their construction, these saloons will be rendered almost completely 0425 noiseless when the air-jmera are in 37 flight. The crew of the new mono- ..19 18 plane air-liners will comprises 241 25 Captain, First Omcer, Wireless

22 BOOK.

Hamborg Osaka

Hankow Otai

Harbin Paria

Hong KongPeiping

Tientsin

Tokyo

Tsingtao

Yinkoy

Intereas allowed on Current ̈Âc- counts.

Deposits received for Fixed Periods at rates to be obtained on application.

Y. KANG,

Manager.

Branches of American Express Hong Kong. 18th Nov., 1930. Company in Principal Cities of 257 United States of America and Canada,

All classes of Commercial Bank- ing Transactions undertaken.

Personal investment accounte handled.

The Company offers to intending travellers the use of its "novelers and Letters of Credit Uheques and, in addition the world wide services of its thoroughly equipped Travel Department.

C. H. BENSON,

General Manager.

pressive comment: "A simply won derful journey." A doctor's pithy description of air travel was: "It's better than a Rolls! 4 family party, after their aerial passage over the Timor Sea, wrote: "A com- fortable, speedy crossing."

BANK OF EAST ASIA, LAITTED.

Authorised Capital ...$10,000,000.00 Paid-up Capital 5668,900.cặ Beserve dad Undivided

Profits

9,098,295.89

Head Orflow-Hong Kera No. 10, Dei Vœux' Road, Central

Board of Directors 5'

Bir Shonson Chow, Chairman Li Koon Chun, Esq. Lá Lan Bang, Esq. P. K. Kwok, keq. WongChußon, Esq. Wong YunTong, Esq. Kan Ying Pu, Esq. Chan Ching Shoki Esq.

Kan Tong Fo Baj, Chief Manager. Li The Foug, Esp, Managora

Agencias

·Branches and

collons (Pinang Paburaya

Folde

CIVIL, AVIATION IN CANADA During a recent period of twelve

Bombay Manila months the Survey Division; of

Dalcotin Mallourne, San Fran. Canadian Airways photographed Classement ferr

Hilcheng - New York. Amikle approximately 13,000 square miles | Harlow

Наподія

The visitor's book at the Port of territory. More than 2,000 miles

17 designed kitchen equipment, and Darwin nir-pork, Australia, now were photographed for the Geolo

HONG KONG TIN T

HONGKONG METEOROLOGICAL

From January 1, to 7, 1837.

HIGH WATER.

LOW WATER.

Hong

Hong Kung Unservatory, Doo, 31.

Previous On Data On Data

Day

at step.m. 10a.m.

Gumaus Gold Consol, Mines

East Mindanao

8.12. 10.

321 32 .041 39

p.m.

Kong

Коль

Equitable

gStandard

Standard

Barometer... 19.95 80,01

1994

Gold Creek

Time.

Time

Temperature

Fri.

h. m.

13164 8 2365 09

tto.

thin. Wind

Humility. મા

Direction 110

63.

100 Gold

Mineral Resources

.42

.40

27 Operator, and two Stewards."-- Each

machine will have a specially

Force.

Bat.

b, mi 08 18

B 17 15

Weather 06 52

Rain. 1808 38

Universal Expl 0720 20

Highest open-air Temperature, 8 Marsman 1908 Lowest open air Temperature, 31-621

Dayaka Cocograve 36 29 00:18 32 Drimle

Mother Lode

.101.

NNE

Paracale Gold

Balacot

.06

051

Sta Rosa.

.07 .301 110.00 115.00

001

281281 1.10

1.00

.12

Is the incressing volume of passen

:10}

Thur.

0004

00 26

Showers;

246

This already exceeds the figures of

any previous winter, and is at

B-Blue sky; 0=Cloudy; Ú- Mambulao,

Fog Lightning; North Mindanao Overorak; PPaming Syndicate Invest. Squall;"; B-Bain Development Inc.

T-Taunde)

M-Mist

Tinago

Pulplog

saking

approved

the stewards will be able to provide contains some interesting com-gical Survey branch of the Depart Every description of | a full:service of meals and refreshments on the impressions of ment of Mines. Among the prob- and Exchange business transacted.

ments while in the air

passengers who have been dying lems solved by air) photography | Loana" "granted" on INCREASE IN THE VOLUME OF over the Empire route to and from were the best positions for erection securities:

Current Accounts PASSENGER TRAFFIC | Australia. A London business man, of power-stations and electric tow- A remarkable feature of the fly-for example, after an air voyage ers: A considerable amount of the Local Currency and ing this winter or the air routes through from England to Australia, photography carried out was in peits received for one year or shorter periode" in "Local, and between London and the Continent wrote in the book recently: "It has connection with forestry and the Foreign Currencies on tartunt which

been a most enjoyable trip." A study of various types of timber, will be quoted on application.

Rafe. Usposit Boxes To Let ger: traffic which is forthcoming Melbourne merchant after com- Large areas of untapped territory 11

1937-01-01 — Page 12

Comments

Private Research Note