1937-02-20 — Page 12

Buyer

$1,86

$1,085

2113

ex (London)...

I'd

£1:3

2161

Chartered Banks...

£16

18th Feb. Closing Raton

B. S.

233t

Mercantile Bas "A"

£14

10.

£14

Bank Di Enut Asia...| 186 |

Antamoks

1.00 1.58 1.50

1,56

N. U. & S. Backs ...

Atoku

451

46

47

Insurances

BID

1820

Cancodingaranam.. Gawa InsumoÖVS ...**

#3121

Baguio Cold

1291

*BSU

Benguet Consol

13.76 14.00 13)

H

Underwriter Hengs

160 ota.

1295

H.. Fires ATLET

830

Benguet Explor......

19

131

International Ance, d,

Big Wedge

32

Stupping

Coco Grave ....

77

མ་མ་ས་

28

30

14

18

20

34

78

80

$32

Douglas

T

. Consol Mines

048

048

.06 1.019

Steamboats! $1

13.

Indos (pre)...............

$35

Demonstrations

92

03

136

Do. (del.)

+38

E. Mindanao

36

JA 371

|g་༅ | | ⌘ | ཱཿg |

291

1 1 1 1

31

31

.048

12

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Sharebrokers

Association

Mami

FRIDAY, FEB., 19,

Billere

gaima

SALON ปา

Karsity

M.K. Bauka

HÙNG KONG DAILY PRESS. SATURDAY FEBRUARY 20, 1937.

H. K. STOCK EXCHANGE

AND

H. K. SHAREBROKERS' ASSOCIATION

Philippine Gold Mining Quotations

10th February, 1037

Time Heceived

9.48 9.48 10.00 10.07 10.24 10.38 10.35 11.18

BANKS

HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA

BANKING CORPORATION

$50,000,000

Issued & Fully Paid-Up $20,000,000

AUSTRALIA AND CHINA Incorporated by Royal Charter. 1853

HEAD OFFICE: LONDON

Agencics and Branchetim

ALOR STAR LOTL

Authorised Capital

Reserve Funda:-

L

Sterling

....£6,500,000

Hong Kong Curtainy

Paid-up Capital..

Reserve...

.....$10,000,000

Reserva Fund Reserve Liability of pro-

£3.000.000

pristare .....

£3.000.000

Reserve Liability of

alos.

claw.

Proprietors

$20,000,000

8.37

2.62 302

3.0%

3,44

SALOON

Head Office:HONG KONG

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

Прод KARACHI KLANG - BATAVIA .

KORE BOMBAY Ghairman, CİLTUTTA 1. KUALA

CANTON

AMRITSAR

SEMARANG

BANGKOK

SKREMBAN

SHANGHAI

·BINGAPORE

HITIAWAN

LUMPER

SOURABAYA

S

314

J. K. Bousfeld, Esq,

CAWNPORE ст

KUCHING.

TAIPING

MADR48

TIESTHIN

44

COLOMBO

||

MARIZA

ТОМСКАЯ

DILA). HAIPHONG

NEDAN

301

149,6

Shells *******

141/0

G. Goldfields'

30

28

32

28.

20

Waterboata

$10

Minlag

Itogons

1,80

1.55

1.55

1,50

17/-

Kailans....

2./0

I. X. L

1.50 1.45 1.00

$131

Hanba$13

cd

SH

Venezuela Gold Fida. #7

Masbates

442

44

45

401

Alin. Resources

41

40 42"

Ducks, Wharves,

Northern Mining

14 * Unquoted 144

Amoy

Godowns, etc.

Bangkok

Ipoh

$12

120 ct..

320

H.K. & W. Docks

108H.K. & E, Wiarrea.

Providents (uk). ... $1.72||

Do. (new)

iG4 Shangazi Docks S. No EnzineariousS.

Lands, Hotels, and

Aardings

Paracale Gumaus

13

12 74

73

Batavia

Johore

$108

San Mauricio

10 at..

Suyoo Consol

3.10 461

3.10 3.20

Bombay Kobe

Calcutta

Kowloon

46

3101|| 120.1

United Paracalca 1.26 1.30 1.25

49 1.35

40

Canton

Chefoo

$90

Colombo

13

Market Comment.

E

Uncertain

S

S Uncert. Q

irr.

ន

E Easier D

3

$2.00, 13.70

H.K. Hotels

$54.

H. K. STOCK

301

H.K Lande...B. 136)

$16

Shanghai Labda....

Do. 4% Debentures

81021

SIC

Metropolitan Landa..

342

H.K. Kealties) $42

14.

Chias Donk

......

200

Do. Deboutures S.

Humphreys

376

Chincue Estates......

Cotton Milia

EXCHANGE

YESTERDAY'S OFFICIAL QUOTATIONS

The week under review witnessed

a general demand and in most cases at improved prices resulting in a fair turnover.

Manila market was quiet during

BUSINESS DONE DURING

THE WEEK

LONDON EXCHANGE RATES

(British Wireless Service)

Foochow

Malacca

Sungei

Haiphong Manila

Patani

Hamburg Muar

Tientsin.

1,00

G. Miskin, Ea

Deputy ChairmUN.

A. E. Compton,, Esq.,

Hon Mr. H. Dadwell,

M. T. Johnson, Esq.,

J. R. Masson, Esq.,

K. S. Harrison, Esq.,

T. E. Pearce, Esq.,

AL. Shields, Esq.

1. M. Grayburn, Esq.;

Chief Manager.

Branches:- Iloilo

Kuala

Paiping Penang

Rangoon

Saigon

San Fran

cisco

Lumpar Shanghai Loudon Singapore

Dairen. Lyons Sourabaya

HAMBURG

BANKOW

HARBIN

.(Bhuket;

KUW, YOKE - THIROTAŬ PRIFING

TOKOHAMA,

(Poking) SAMBOANGA"

PINANG

HONG KONG KANGOON

FORNION - EXCHANGE and General Banking Business transacted,

OFRAKT A000uts opened and FIXED DEPOSIT received for Op Year or sharter periods at rater which will be quoted. on applica

tion.

The Bank's Head Office in Lex 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.

Paris

Cleora Onyasa

Berlin

Feb. 17.

105-9/64 21,46 12.161

Feb. 18. 105-7/64

Athens

Milan

93

473 21.161

98 1/32

Copenhagen

Stockholm

Shanghai

New York ...

$13.65

Amsterdam

4.89-7/16 0.951

4.80/16

14

the week.

Vienna

12

$94

Prague

140-7/16

8.497

104)

124

Madrid

$13.70

110.80

#572 ed

H.K. Banks, $1.855, $1.880, 31,850,

$1,860.

Lisbon

Bong BoniH

60/571

Union. Insurances, $820,

Bombay

HK. Fire Insurances, $290,

Montreal

4.894

!29 60

HK. Steamboats, $81

29.034

4.891 29.021

Yokohama

Belgrada na

26/8

H.K. Lands, $38), $358.

Monte Video...

H.K. Tramways, $131.

Star Ferries, $83.

China

Lights

(Old), $13.20,

Silver (forward)

$1.70

$10.30 Ewos

S'ha: Cottona(old)S.

110.

Zoong Sings

1182

$89

198

$74

(DOW

168

$31

$30

144

Wing Un Textile) $40

Pablle Utilities

$13.40

24

$180

323)

::

:1

183

པས་

$10

$13.70

158//572

20

Macao do.

10

130

181

gif

Tramwaya «mergen

Poak Trams (old)...

Do. (now)...

Star Ferries....... Yaumsti Ferries

China Lights (old)...

Do. (now)...

H.K. Electricam

Sandakan Lights...

Telephones old)...

$11.40 Do. (now))

China Buss...

Tractions

07/ Do. (pret)......

Industrials

$19: Caldbeck, on

Macgregor pref.)B.

Canton.Ices

111 05. Comonta

Ropas....SOLO

Dairy Farma. $138

Ch. E'tainments...... $34.

Lane Crawford......

$3.40

·54)

$1.50

40 cts

Miscellaneous

Bioceros . ; $3.10

H

Providents (Old). $1.72). 311.

$1.70-

Brussels

$13.85 $13.80, $13.75,

Chipa Lights (New), $10.85.

$10.80,

H.K. Electrics, 356, 356.557},

571.

Pio....

Bucharest

Silver (pot) War Loan

20-1/18 20

20-1/18. 20

34 1013

34 1017

Closing Quotations

February 19, 1987.

ON NEW Yox; -

$21

ed

#

Telephones (Old). $30.

Constructions, (old))

$1.70

Cements, $10.95.

On Lospunt m

Do.

(AGW) 45 ota

Dairy Farms, $23.

Telegraphic Transfer... 11/2 Back Bille, on demand

Bank Bills, on demand 30 Credits, 60 days' night. 30)

On Batartá

27/32

Nanyang

Faux Tobacco...

$6,90

Raubs. $131.

On demand

141

Ch. Gort, G$ Bonds, 96%.

Oredita, four months'

dight

O PARI

1/3 1/32

Wm. Powelle

Watsons............] '34',

Consol. Mines... 081 cts..

Bank Bills, on demand 649 Credits, 4 month's sight 674

8.

C. Enterprises...

On Demand

101

On BAIGON

$1

E. Mindanao, 62 cts., 604 cts.

98%, b.G.5x19250.9 Bd.

ON SINGAPORE:-

On demand

prem prem.

НЕ

Govt, 4% Loan

108

On demand

$28

ON MANILA

Do.

On demand

$101

24

$50

A.K

S'ha

Wing On

Wallace Harper ......

On, JAPAN:-

ON BANGKOK:-

On demand

106

On demand

361

ON INDIA:-

Telegraphic Transfer 814

Do.

Vibro Piling*****|

Bates to Shanghai

PHILIPPINE MINING

NEWS

Glowing reports as to

the shipments did not exceed 300 tons

tons were shipped with a value of $63.079.

However, figures avallable from local sources show that exports of chrome ore from the Islands up 1938. of November, the end Lo tatalled 11.337 tons which were valued at P285,000. The differene in the figures may have been due to the fact that some of the ship- ments has not reached he United & States, when the statistics quoted in the above dispatch were com

Demonstrations, $1.53. $1.61.

Ipo Gold (Ex.Div.). 53 cts., 54 cts.

San Mauriclo, 55.18, $5.12.

United Paracale, $2.20.

Dayakas, 401 cta.

CHANGES (3.15 p.m.) CLOSING

QUOTATIONS

SELLERS

Telephones (New), $11.

SALES

China Providents (Old), $1.70... China Lights (New). $10.80.

H.K. Electrics, $573.

E Mindanao, $0.604 cts. San Maurició. $5.12.

ASSOCIATION

BUYERS Banks, 31,855. Bank of East Asia, $80 CD. Douglases, $32, Steamboats, $81. Providenta (Old), $1.70. Raubs, $131 GD. Hotels, $51. Renities. #4.

future of the Philippine chromite until November, 1935, when 3,529 H. K. SHAREBROKERS' industry, received from the United States, suffered a setback when it was disclosed that the industry has two great obstacles to hurdle a 5 per cent increase in freight rates and lack of shipping facilities. The freight rate has been increás- ed from $5 to $7.50 per ton.

An official of the Benguet Con- solidated Mining Company, which operates the Fiorannie Mining Company, and the Consolidated Mines chromite property at Ma- sinloc, Zambales, said that they piled. are experiencing great difcalty in securing adequate transporta- tion facilities.

Benguet

Consolidated officials said that provided, they can get the proper shipping space: export Under the term ut a contract of chromite from the Philippines with an American "firm, Benguet this year will probably reach 60,- Consolidated is to begin shipment 000 tons. Benguet has contracts of Masinloc ore in March. It was with two· American Arms for ap- stated that the company is ready proximately 41,000 tons of Masin-

ship the ore but is not sure that loc ore, this can be done because of the lack of shipping facilities.

The report said that there are Indications Japanese, French and British Interests are paying special attention to Philippine chromite resources.

A dispatch trom Washington said that the Philippine chroralte Industry has prospects of at least a five-fold expansion in 1937. ⠀⠀ According to the dispatch, Unit ed States imports of Philippine chrome ore or chromite in 1938 totalled 4.637 tons, with a chromite metals second. to gold, A

It pointed out as significant the fact that the U. B. tarifi commis- slon in ita recent report gave chromite mining a position among

Lights (Old), $13.55. Star Ferries, $83. Dairy Farms, $233. Entertainmenta, $3.50. Binceres, $2.10. Watsons, $4.

Consol. Mines 71 cents.

E Mindanao. 58% cts. Northern Mites, 23 cts.

SELLERS Lights (Old), $13.70 Gements, 511, Ropes. $31. Consol Mines, 81 cts. Demonstrationis, $1.52..

SALES Providents (Old); $1.75,- San Mauricio, $8.12.

oxide content of 2323 tons valued "Since the world supply, la limit-Philippine deposita are particular- at $75.134, compared to $1,107ed and chromium has a commer-ly algnificant, the report stated, tons the year before Monthy clal and military impurtance,” quoted in the dispatch,

as

UN SHANGHAI:-

Bank, on demand..

... 1491 SOVERSIONS Bank Buying

Bato

<

1/231/: 2 BAR BILVER, pas qu'imitan. 201

CHINESE MARCONI AND VICKERS

NOTES

KOWLOON WHARF

COMPANY

Dividend Of $4.50 To

Be Paid

Owing to unexpected circum stances there is some delay in the

printing of the new coupons relat ing to the Chinese 8 per cent. Ten-year Sterling Bills (Marcent) Issue and the Notes (Vickers Is sue), says the "Financial News."

The need for the new coupons results from the scheme for the resumption of interest. In Octo ber last an offer was made to hold-

Hankow (Johore) Tokyo

Harbin Mukden Tsingtao Hongkow New York Yokohama

Current Accounts opened Local Currency and Fixed Deposita received for ona, year or shorter 15, 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, ath Feb., 1937.

HONG KONG SAVINGS BANK

THE Business of the abors Bank is conducted by the HONG KONG & SHANGHAI BANKING CORPORATION. Rules may de obtained on application.

For the HONG KONG & SHANGHAI

BANKING CORPORATION.

"V. M. GRAYBURN,

Chief Manager! Hong Kong, 4th February, 1936.

BANK OF EAST ASIA, LIMITED.

Authorised Capital ...$10,000,000.00 Paid-up Capital 5,508,600.00 Reserve and Undivided

.................. $,085,395.52

Profits

Esan Oz-Hona Kend

No. 10, Des Vaux Road, Central.

Board of Directors &

Bir Shouson Chow, Chairman

LA Koon Chan, Esq. Li Lan Bang, Haq, Wong ChuSon, Esq. P. K. Kwok Wong YunTong, Hag. Kas Ying Po, En Chan Ching Shek, Esq.

Kan Tong Po, Esq., Chief Manager, Li Too Fong, Esq., Manager.

Panang Kowloon

Branches and Agencies;—

Bourdays

Amor

HeCare

London

Bankoon

Busław

Reenbay

Manila,

Balgen

Bynday

Melbourne BAE Fran Magus! Xew York dostla

Talhoka

dison

Tiantai

Takra

Semara

Vanpouvez

Caloutta

Canton

Haiphong How

خامين

Houstalo Parla

Kobe

Bang Peiping Bingspee

Yakohas

Every description of Banking and Exchange business transacted. од spproved Loans granted.

securities

Current Accounts opened ter Local Currency and fized dẹ posits received for one year of shorter periods in Local and Foreign Ourrencies on terms which will be quoted on application. Safe loposit Boxes Ta Let KAN TONG PO

Ohief Mannser

The Hong Kong and Kowloon Wharf and Godown Co., Ltd. report that, subject to audit, the balance at Profiters whereby interest would be paid and Loss Account for the year ended at 1 per cent. per annum for the December 31, 1938, is $381,048.20 which year commencing July 1, 1936, In-

with 8832,574,58 brought for creasing annually by per cent. Philippine Cigar together ward from the e previous year makes s per annum to 3 per cent for the total of 8813,623,14 available for ap-year 1942-43 and 3 per cent. there- pronciation.will at the approach-

The Directoareholders, recom ing moving distribution: mend the

To pay a Dividend of

$4.60 per share...

To carry forward to next

account

after till the bonds are fully paid.

THE CHASE BANK

QUEEN'S ROAD CENTRAL

HEAD OFFICE:

18, P STREET,

NEW YORK.

An American Bank offering com

plate Foreign Banking Service in the principal Markets of the world." Interest Rates on Application.

SAFE DEPOSIT BOXES rhis Bank is entirely owned by

THE CHASE NATIONAL BANK, Naw YOZE, with Resources over U.8. $2,027,000,000,00

D. M. BIGGAR,

Manager.

THE YOKOHAMA SPECIE BANK

LIMITED

Capital (fully paid up),

Ten 100,000,000 00 Reserve Fund Yan 130,000,000,00

HEAD OFFICE:-YOLO¤ÁMÁ

BRANCHES AND AGENCIES AT:- Alexandris Honelalu Bangkok Hsinking

Rangoon

Bio do

Batavia

Karnchi

aneiro

Berlin,

Kole

San

Bombay

London

Francisco

Calcutta

Los Angeles Seattle

Canton

· Wanita

SemarEng

Dairen

Moji

Shanghai

(Dalny) Nagasaki - Singapore Fangtion Nagoya Serahaya (Makden) New York Sydney. Hamburg Osaka

Hankow Otaru

Harbin

Tientsin

Tokyo

Paris Tsingsso

Hong KongPeipie

Yinkow

Interest allowed on Current A counts.

..

Fixed

Deposite received for Periods at rates to be obtained on application.

Y. KANO,

Manager.

Hong Kong. 13th Nov., 1030.

EXTRA MANILA CLOSING QUOTATIONS

Hong Kong, Feb. 18. Extra Manila closing quotations figures kindly supplied by Messrs. Ellis & Edgar./

D.EX.

Assõelated Mining Acoje Mining Homestake

:01

22

22

.013

.013

Dulong a

$19

.185

Taxes Decrease.

Gold Creek

30

30

Ipo Gold

293

Mineral Resources,

60

.32

075

The new coupons will, however,

Stamp taxes were collected by Mother Lodě be ready this month when Messrs. the United States on 164,557,000 | Farscale Gold

Balacot Maurice Jenks, Percival and Co. Philippine cigars during the #408,000.00 #1 invite the holders to lodge calendar year 1036, the Treasury Sta Rosa

203,623.14

$813,623,14

SINGAPORE RAW RUBBER

Hong Kong, Feb. 19. Messrs. H. B. Joseph & Co., re-

their existing bills and roter for Department reported. For the Universal Expl.. the purpose of endorsement of the previous year, taxes were collected Marsmian

Dayaka new terms and the substitution of on 207,393,000 cigars. W the new coupon sheets.

The London office of the Bank of China has been appointed pay

It is worthy of note that most Cocogrove Philippine cigar taxes are collected Mambulap

ing agents on behalf of the Chi in Class A, which is the lowest tax North Mindanao

of such Byndicate Invest.. category. The total nese Government and has been stamps sold on cigars was 163,854,- Development Inc. provided with the necessary funds

to meet the first fistalment of 000, as against 206,783,000 the Tinago Interest due under the new terms, year before..

celred the following quotations and as soon as the new coupon $24,000 Philippine cigarettes, as

from Bingapore in Straits Cur rency for Raw Rubber:

Spot

Marchak April-June

Buyers -

s Down It' 451 Down If 351 Down If

sheets are in the hands of the holders, Coupon No. 1 can be pre sented at the bank for payment.

July-Sept...... 154, Down 1

Basler)

Quiet

095

Stamp taxes were collerted on against 1,635,000 in 1935. The dec- line in the Philippine cigar trade of 4,500846,000, as against 4,169,- was apparently due to the larger 548,000 the year before manufacture of cheap cigars in Stamp taxes were also collected the United States on which on 203,344, gallons of Philippine atams were sold to the number distilled spirits.