1937-02-15 — Page 12

BANKS

HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA

BANKING CORPORATION

KONTA

$50,000,000 Ianted & Eully Paid-Up $20,000,000

AUSTRALIA AND CHINA

·Incorporated by Hijjal Charter, 1957

HANKOW"

TOROKAZA

(Peking), KAMBOANGA

#10)

504

Indos (prof.)

136

Do. (def.)

Wacerbosta

Underwriters

$3014] H.K. Firs anemone

33

Laterastinasi Auses, d.

Shipping

Douglasss

Steamboats Men

$30

12

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Sharebrokers

Association

SATURDAY.

Buycen

Kalim

Bales

Nominal)

Baren

Hallere

Spezia

FEB., 13.

Banks

$1,36.K. Banks

HONG KONG DAILY PRESS, MONDAY, FEBRUARY 15, 1937.

A. K. STOCK

EXCHANGE

SATURDAY'S

OFFICIAL QUOTATIONS

The week has been interrupted by the Chinese New Year holidays trading restricted which have within narrow limits, but quata." tions have been well maintained.

Manila The

market

steady.

$1,955

2114h

[96.. (London) ***}

218

Chartered Banks...

£114

£16

£37t

Mercantile Bts. "A"

£351

£147

Do.

"C"

Bank of East Asia...] $84

2143

N. C. & S. Bakı şə

insurances

$310

Canton Ingars 1000,

* 83121

$020

Union insurance ...

SI

100 at

H. K., Steamboats, $84.

##

BUSINESS DONE DURINGS

THE WEEK

Union Insurances, $820.

LONDON EXCHANGE RATES

(British Wireless Service)

Feb. 11.

Paris Genova

Feb. 13 105 9/64 21.45)

Berlin

Athana

Milan

Copenhagen

Stockholm

Shanghai

New York

105 3,64

21.45 12.171

93 1/32

✓ 12.161

Authorised Capital

나

Reserve Funds: --

HEAD OFFICE: LONDON.

02 31,32.

Sterling

£8,500,000

Paid-up Capital..

£3.600.002

Hong Kong Currency

Reserve ..............................$10,000,000

Leserva Fund

23.000.000

Reserve ability of Pro-

1

prietars

£1.800.000

Reserve Liability of

Amsterdam

489 7/16 8.981

4.89 5/16 8.981

Proprietors

$20,000,000

Agencies und Branches-

ALOR STAN

ILDILA

BAIGON

Head Office:-HONG KONG

Vienna

closed

Progte

1401

140 5/16

AMRITSARI IPUR

BANGKOK KARACHI

OEMARANG

BEREMBAN

Madrid

Libon

Hoar Kone

Bombay

Board of Directors, Hon. Mr. J. 3. Paterson, G. Miskin, E

BATAVIA KLANG

BILANGHAI

BOMBAY Chairman. CALCUTTA

CANTON

KOHE

BINGAPORE

KUALA

MITIAWAN

LUMPUR

NOURABAYA

Deputy Chairman.) CAWNPORE

KUCHING

TAIPING

Montreal

4.391

H. K. Docks, $19, $20.

Brussels

29.048

4.891 29.02)

J. K. Bousfield, Esq.,

PEBU

MADRAS

TURNTRAN

A. H. Compton, Esq.,

COLOMBO

MANILA

TONGKAR

Providents (ald), $1.60.

Yokohama

Hon. Mr. B. H, Dodwell,

DELHI

MEDAN

(Bhuket)

30

H. K. Hotels, $51, $5.55, $51.

Belgrade

31. T. Johnson, Esq.,

HAIPHONG

NEW YORK'

TELNUTAO

H K Lands, $38, $381

Monte Video

J. B. Masson, Esq.

HAKBUSQ

FELPING

$35

+38

H K Realties, $44. $4.60.

K. S. Morrison, Esq...

*

144/4)] Shells Lik

Mining

23/10 Kailans .............

Krabs „kenISCURSIVE

Venezuela Gold Fldw. $7

11/8

H. K. Tramways, $13.10.

$10

Star Ferries (Ex. Div.), $85.

i

Ai

.20

| $13.10

Docks Wharves,

Godowns, etc.

1108

H.K. & K. Wharves

$108

31.70

!rundent (old)

20 et

Do.

B.K. & W. Dock

$3

New Engineering.

$1.70 $1.80 $10

$21 3201

201/21 $104 Shaugnai Dock 9.

(new)

10 ot.

$90

Dairy Farms, $22), $29.

China Lights (öld), $13.65, $13,75,

$13.85

H. K. Electrics, $55), $56.

Telephones (old), $30.

Telephones, (new), $11.15, $11.60.

$11.65 $11.70, 311).

Canton Ices, $2.

Cements, $11.

H. K. Ropes, $31.

Bucharest

Silver (spot) War Loan

OF LONDON,

Telegraphic Translor... 11/8 Bank Bills, on demand 17/39 Credits. four months'

sight

T. E. Pearce, Esq.,

Silver (forward)

20 1/16.

201

A L. Shield”, Eng..

.201.

201

34 1031.

V. M. Grayburn, Esq.,

Chief Manager.

Closing Quotations

Amoy

February 13, 1937,

ON NEW YORK :-

Bangkok

Braziches:---- Iloilo Ipoh

Peiping

Penang

Bank Bill, on demand 30) Credits, 60 days' sight. 302

Batavia

Johore

Bombay

Kobe

Rangoon Saigon

ON BATAVIA 3-**

Calcutta

On demand

547

Canton

cisco

ON PARIB:~~~

1/3 1/32

Oliefoo

Lumpur Shanghai

33

Rnubs, $13.10.

ON SHANGRAI :——

Bank Bills, on demand 64 Oredits, 4 month's sight 674

Colombo

London

Singapore

00

Ewo Cottons, Sh.313.70.

Dairen

Kai dings

-$5.50 152

126+

BLUS 116

Lands,

H.. Hotels.....

H. Lands........

D. 4% Debensures t

fotels, and

On Demand

1018

ON SAIGON :-

-Artamoks, $2.70.

Coco Grove, $1.29, $1.24.

ON SINGAPORE:-

On demand

641

$5.75 $5.70

On demand................ 528

ON MANILA ! —

Hamburg Muar

Haiphong Manila

Foochow "Malacos Sungei

Patani

Consolidated Mines, .08 cts.

130

.....

Demonstrations,

$1.57,

$1.534.

On JAPAN:-

On demand...

G

Hankow

ON BANGKOK :-

Harbin

Tsingtao

$10

Shanghai Lauda....

Metropolitan Lands..

$1.53, $1.54

On demand

108

E. Mindanao, 60 cts.. 64 cts.

On "Irdza —

On demand SOVERLIONS Bank

1403

Hongkow

$4,50

160

191

HK, Realties...........

China Du..............

Humphrog

410

Itogons, $2.72.

Telegraphic Transfer...

San Mauricio, $5.03, $4.90.

Baak, on demand..........

Do. DebouturesS.

121

$16.80

โป

BH

$76

Chinese Esta tem................

Cotton M

E........... $102

Bar Cottone(old)S.;

$08

Do, (new.

።።

31

188 $30

Zoong Sings ....

FAIR

144

Wing On Textiles(S.) 43

13/431

$13.35)

$4

:;' 8

186

Public lite

framway......$13.20

Pork Teams (old)...)

Do.. (new)...

China Light (old)... 813.86

H.K. Electric....

204 1-4

SES

$24 $1365

8551

Star Ferrion

325

Yannati Ferries

$13.90

Do

(new)...

3504

166

120

to.

#117

Saudakan Laginem ..

130

Tolophon cold;....

god

Lu (new).

$11.00

$8

hi Haa .....

Tractions

27/-

Do. (prof.)...........|

Industrials

$15

$11.951

$3

$3.40

722.90

$19 Caldbeck, o

Macgregors (prof.i.

Cunton Ico

Cemente

Ropes........

Miscellaneous

Dairy Farma p***...

THE EXCHANGE | LEIPZIG SPRING

MARKET

MESSRS. ROZA BROS.

Saturday. F. 13. Silver prices rose 1/16 over the 1.holidays for both deliveries, the quotations being. 20 1,16 for both deliveries. Silver advices, reported the market as being quiet and fea- tureless. The New York market was closed yesterday.

11.70

$10.80 34.40

Sx21

$41

Ch. E'talnments......

£4

$1.60

Constructions, (old);

40 cla

Do.

(new) ats

161

Lanu Crawford.......

:1.70

$5.90

Nanyang Tobacco...

346

191

解

933

prox 82

aj%

350

ALK Wing Oa

S'hai Da

154

Vibro Piling

Sinceres ...

Watsons

Powell**********

C: Enterprians

Ch.G.5%19260.58-1

H.R

Govt. 4% Lóuma]

Wallace Harpor.....!

Do.

Sales to Shangbai

HONG KONG. TIDE TABLE

From February, 15, to 21, 1937,

HIGH WATER

Time.

Bright.

CIN

#1

%%

108

$101

511

361

HONGKONG. METEOROLOGICAL

REGISTER.

Hoag hung unservatory, Feb. 14

Previous On Date-Un Date

Day at'

At

LOW WATER

Kong Kong

Hoog.

Standard

Kong Standard

Time

Humidity 61

at 4 p.m. 10a.m. 4 p.m.

Barcuter... 30.01 30 31

3125 Temperatore BIS

49 73

Wind-

Direction NNW Force Weather Rain

N

B

20 28 0716 13 2 99.25

1810

0097 6 0

... 013051)

13-26 8:

b. n. i.

0552 18 B 03:24 19 1 1903 22

1943

b. m.

Mon. 16

60

Tues.; 10

Wed! !i

Ihar, 18

1420

052184

Fri.

19 0445

1545 6 5

Bat.

10

Bua, 21

07 40

19 0007 17:05 084541 · 0112 | | 4 1920 6 9

OwZ.

The London/New York cross- rate was quoted at 4.891.

MARKET

Dull, the undertone was robust.

"

STERLINGI

To Be Bigger Than Previous Events

here

Berlin. Feb. 12,

Este

BAR SILVER, per œ.

Buying

1/231/3 ........ 20 1/18

THE SHARE MARKET

Harriman's Weekly Review

Kowloon San Fran- Kuata

Lyons Sourabaya

Tientsin

(Juhore) Tokyo

Makden

New York Yokohama

HARDIN

PENANG

HỒNG TUNG BAYBOON

Formian EXCHANGE and General" Banking Business transacted,

QUANT ACCOUNTS opened and FIXED DE 08118 received for On Year or shorter periods at rater which will be quoted on applica- tion.

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

A. BREARLEY,

Manager.

Current Accounts opened in Local Currency and Fixed Deposits 15, 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, 5th Feb., 1937.

HONG KONG SAVINGS BANK-

HE Business of the above T

Bank is conducted by the HONG KONG & SHANGHAI Messrs. G. A. Hareunan & Co.'s BANKING CORPORATION. Rules weekly share report and market may be obtained on application. » For the HowG KONG & SHANGHAI

BANKING CORPORATION.

41

11004 1 day

issued at review states:

This market. has been a brighter

nd

The Leipzig Spring Fair of the present year, which is opening on February 28, will surpass in size all its predecessors, declared, the Director of the Leipzig Fair Bureau, one for the local share market well maintained due Dr. Koehler at a press reception with rates

the to considerable buging interest, 10-day. Particularly technical section will have unpre- especially for lower-priced stocks.

has Year optimism not cedented dimensions. Owing to the New

great number of new exhibitors, doubt accounted for our Chinese the floor space hitherto available trlends Interest and we look for and further strength when markets insuficient proved utterly four large new halls have, there- get going again after the holidays. has been fore been built in the technical The Manila market sections of the fair grounds. The erratic and has not yet fulfilled views ex- area now occupied by the technical the optimistic bullish section is three times as large as pressed about it last month. Mid-

week eariness met with

buying support and the market ends up

re- A very small business was ported at 1/2 15/16 for near de- livery.

The market closed with small sellers at. 1/2 29/32 Feb- ruary/June. buyers at 1/2 15 '16 for any delivery.

U.S. DOLLARS

"

SHANGHAI DOLLARS

that of the 1933 Fair.

of

foreign

V. M. GRAYBURN,

• "Chief Manager,

THE CHASE BANK

QUEEN'S ROAD CENTRAL "

HEAD OFFICE:"

18, P STREET,

NEW YORK.

An American Bank offering com plete Foreign Panking Service in the principal Markets of the world. interest Rates on Application.

SAFE DEPOSIT BOXES

This Bank is entirely owned by THE CHASE NATIONAL BANE, Naw YORK, with tesources over U.S. $2,097,000,000, EU

D. M.. BIGGAL,

Manager.

ريد

Hong Kong, 24th February, 1936. THE YOKOHAMA SPECIE BANI

THE AMERICAN EXPRESS CO., ING.

Incorporated with Limited Liability in U.S.A.

LIMITED

Capital (fully paid up)

Yen 100,000,000 00 Reserve Fund... Yon 130,900,000.00

HEAD OFFICE:---- YOKOHAMA

BRANCHES AND AGENCIES "AT: Alexandria Honolulu Rangoon

Rio do Bangkok Hsinking

Karachi Janeiro Bataria

Kobe Sag Berlin

London Bombay U.8.$6,000,000.00 | Calcutta U.S.$2,240,344.38 | Canton Reserves...MATHE

1.8.$ 897,612.65 | Dairen. Surplus.............. Amsterdam The Hague Montroux

Hamburg Munich Havana Naples

Nice flavre Heidelberg Paris Intertaken Peiping

Head Office: 6 BROADWAY, NEW YORK

Capital

Antwerp

Athans

The accomodation available for A small business was done at samples at the fair is likewise about unchanged over the period. 301 for April delivery. The market nine ber cent. greater than cur- Hong Kong Utilities continue to closed with

cum. at $13.40 sellers at 301 Feb-ing last year's fair. The total num- attract most attention, with Tram

particularly firm and German ruary/March and 30 5/16 April/ ber

round $13.85, Telephones July, buyers at 30 7:16 February exhibitors represented at the Fair China Lights (old) are also bet-

Basle March and 301 April/June.

will be 8.500 which is 400 more ter,

(old) are wanted at 3292 and the

Berlin than last year. According to the

new havo spurted to $11.65, al-

Bombay Fair.

Jerusalem Piraeus registration office of the

Cairo iverpool Rome It is expected that the number of though closing on offer at this Brussela

London Rotterdam foreign buyers, which has risen figure. Electrics were dealt in up

to $50 and Star Ferries at $85, Calcutta 25,000 in from 15,500 in 1933 to

Lugano Shangha! Lucerne Singapore Spring 1936, will show a further ex dividend (a further drop of $2 Cannes during the week). Among indus- Colombo

Southamptos Increase this year.

trial, Ropes met with support up Copenhagen Luxer

Tientsin Manila" to $3.40, but Cements show a small Dublin

Florence decline at $11.- sales. Dairy Edinburgh Marseilles Venice at $23.- and Genova Farms exchangen Watsons are wanted at $4.- Ewos Genoa

arm at Sh.$15.00 bid Glasgow

Business was done at 1021 for cash.

There were sellers at 102 7/16 for cash.

SHANGHAI MARKET .... The market was closed to-day.

BERLIN SHARE MARKET

Berlin, Feb. 12.

Milan Vienna Monte Yokohama Carlo Zurich Montreal Branches of American Express Company in Principal Cities of United States of America and Canada.

All classes of Commercial Bank- ing Transactions undertaken...

Personal investment handled.

accounts

Franciaco

Los Angeles Seattle Vanila Semarang Moji ** Shanghai (Dalay) Nagasaki Fangtien Nagoya

(Mukden) New York Hamburg Daka Hankow

Dilra

Harbin Paris

Hong KongFeiping

Singapore | Soer bays Sydney Tientsio Tokyo

Tsingtao Vinkow

1. Interest allowed on Current A Dounte

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

Y. KANO..

Manager.

Hong Kong. 13th Nov., 1936

BANK OF EAST ASIA.. LAITED.

Authorised Capital ...$10,000,000:00 Paid-up Capital 5,506,900.00 Heserve and Undivided

Profita

2,686,320.59

HEAD OFFIO:-Hora Koro

10, Des Voeux Road, Center

Board of Directorí s

Sir Bhouson Chow, Chairman

Li Koon Chan, Esq. Li Lan Bang, Esq. P. K. Kwok, Kag. WongChaßen, Esq. Wong YunTong Haq, Xam Ying Po, Esq. Char Ching Shek, Eag

IMPORT AND EXPORT Dr. Koehler, moreover, polnted out that, owing to the structural changes in world trade, which re- sulted from bilateral and compen- are again sation agreements; the Leipzig with Shanghai in the market as Fair Is rapidly losing the one-sided buyers Lands were taken at $36 character of an export fair and and-are wanted further. (cum the Again the public showed disinis more and more becoming an im-$1.- finai). Realtys are enquired which is for at $4.60 and small business has clination to invest in shares so port and export fair

been transacted in Hotels between that in the absence of buying or rapidly gaining in importance as ders presaging the rising market, far 3 the importation of raw $5 and $5,75. There are active

The Company offers to intending for Providents (old) at $1.75. The operators prepared to unload again materials into Germany is con- enquiries for Wharfs at $108 and

. cerned. before, the week-end.

Visitors to this year's spring fair, last named look due for further travellers the use of its "Travelers No.

Cheques" and Letters of Credit Belling orders on foreign account Highest upen-my Tempersare, 13:67 were also placed so that the market so Dr. Koehler said, will have the appreciation Raubs have buyers and, in addition, the world wide see the progress at $13.10 (cum the lust announ services of ita thoroughly equipped Lowest open-air temperature. 14:47 was kept under pressure and ex-opportunity to

E. W. DUGGAN, cept in certain special cases. prices made in Germany during the past ced 6d, Interim) and New Gold-Travel Department.

Manager. Blue sky; C-Cloudy; p-all tended to be weaker. The rea- year in the field of raw materials fields of Venezuela are in good Drizales Fog Lightning: son given for the lack of demand since the exhibits will include in- enquiry at $73, near which level M-Mist; 0-Overcast; P=Paraly from the public is the amount of numerable articles made of such they are an attractive purchase, Bhowers; Job/jualla: K-Kain; quid capital being withdrawn "substitute" raw materials which, Canton Insurance were dealt in from the investment market is in many cases, are claimed to be at $15 and $312) and unions at the last few days by the issue of superior in quality to the imported $820. Banks have relapsed to a nominal quotation of $1855 cum. materials used previously. the new petrol synthesis loans.

Metallurgicals and Mineral Oils Foreign buyers will also be able Steamboats were active up to 38, were notably weak but Potash to buy at the Fair, a tremendous at which quotation there are now shares were firmer. Many Ger- variety of articles made of import-small sellers; and H. K. Ook Inse man fixed interest securities showed foreign raw materials if they further to $204 sales and now Bombay, Feb. 13.

ed great firmness, above all gold wished to do so. Dr. Koehler con- sellera. Following the breakdown of the mortgage and communal bonds cluded.----- The British engineering arm.

were recorded Transocean News Service. Messrs Ransomes and Rapler, ofron merger negotiations with the Rises up to i Ipswich, has secured from the Indian Iron and Steel Company. Reichs Old Liquidation Loan open- Egyptian Government a £310.000 the Tata Iron and Steel Company ed at 120.60 but closed at 120.975, contract for the construction of decided to extend the works at the sensitiveness of this stock be- sluice gates on the New Moham-Jamshedpur to produce an addi-ing due to unusually high level the 1671, Salzdetfurth Potash dropped were dealt in a $1.57 and $1.54,

of finished price has now reached.

1 to 179, United Steel Works wea- San Mauricios from $5.17 to $4.99, mad Aly Barrage which is being tional 170,000 tons

Foreign bonds were not in great kened 7/8 to 117 7/8. German and United Paracales round $2.- bullt at a cost of £2,250,000 at the steel annually-

demand, many being quoted lower. Mineral Oils dropped 2 to 144, Coco Grove were sold down to junction of the Nile north of Reuter,

Austrian State Loan of 1914 de Siemenshalske plunged 4 to 1901 $1.24, East Mindanaos receded to clined 1 to 201. Call Money rose owing to heavy offers on foreign under 60 cts, but are now wanted and six power-operating machines tend over three years and will be- to 21. Young Loan was uncharg-account, and Bemberg Rayon Tose of special design for use with gates gin within the next few months-ed at 103, Reichsbanka weakened to 111-

8 to 1851, byếtrusts declined If to Transcena Newr Serning dre to be built. The work will ex-| British Wareless.

10 464 0

EGYPTIAN ORDER

Calro.

FOR BRITAIN

T-Thunder.

TATA TO PRODUCE MORE STEEL

London, Feb. 12..

In all. 4 pairs of sluice gates

Philippine Mining, a consider- able business was negotiated in Consolidated Mines between 81 cta. and 74 cts, and they close in demand at 8 cts. Demonstrations

at 621 cts. Suyocs have buyers at

REICHSMARK RATES Berlin, Feb. 12. Reichsmark quotations (without guarantee, are as follows: New York......... Paris

Amsterdam..

Kan Tong Fo, Esq., Chief Manager. Li Tre Fong, Esq, Mansger.

Branches and dyenoies

Kowtoco

| Amoy" v

Batavia Bombay Celostia

Üdiua

Haiphong

40.03**

..863

73.70

Kobe

(low), 73.75, (high)] London

12.17 .105.06 Paris Sterling

(low), 105.09 (high).

21.462 (low) 21.485 (high)"

Dollar

Transocean News Servic

Brighter. Manila rather uncer tain..

We wish all our Chinese friends

81 cts, and Santa Rosas at 12 cts, very Happy and Prosperous New

Closing Comment. Hong Kong Year.

I

Blackw

Son Bangoon Manila Nalgon Malborne, Sea Pran-

Kim York · Geitlin

والصين

Honolulu Paris

Paging

Encarnag

·Vansenyer

Shanghai Yokohama

Singapos

Every description of Banking and Exchange businpos trami

| Loans "gunted

socúrition

00

Current Accounts opened Local Currency and Fixed De-

posits / received for one year of horter perioda in Local and Foreign Currencies on terma which will be quoted on application.

Hafe Tisposit Boxes To Let,

KANTONG PO

Chef Man