V. M. Grayburn, Esqu
Chist Manager.
Paiping Penang Rangoon Saigon
PRIPIMO
HANKOW (Poking) SAMBOANGA HARBIN
PIDYANG!
BÔNG TONG RANGOON
FOREIGN EXCHANOS and General Banking Business transacted.
CURRENT ACCOvarme opened and FIXED DEPOSirs received for On Year or shorter period at rater- which will be quoted on applica tion.
1
稳
$1,5001
**
$1,885
D
***
xd
2114
Do. (Louium) *-*
od x d
21,250 e112.
24th Feb.
B.
2161
Chartered Banks
B167
£321
Mercantile Bis
Closing Ratos
9.46
N. 9.40
214
Do.
$94
Bank
of East Asia...
ad
$88
N. C. & S. Banka ...
Antamoks
1.45
Lv45
1.50
www
Insurances
Átokes
46
45%
48
-
$330
Canton insuraISON,
#310
Baguio Gold
284
18h
19
$620
639/6191
Union InsuraNOON ***
Underwriters
50 sta
Benguet Consol
13.50
13.00.13.75
13,26
1x95
14
$33
HK. Fires.......... International Asson, 2. Shipplag
Douginast umTALÁLATO
$30
Benguet Explor
18
171
9:0
18
14
Big Wedge ...
*4
33
24 34
Coco Grove...
18
70
79
70
$81
Steamboats ***
Cobisol Mines
.047
040
.048
.047
+35
Indos (prot.)........
Demonstrations
91
89 91
90
$26
Do. (def.)
E. Mindanao
160/7
Sholla
150/71
341
34 37
$10)
Waterboat
$10
Q. Goldfields
291
30
DAILY SHARE QUOTATIONS
Hong Kong Stock
Gayest
Exchange
Saler Batter
JI
THURSDAY. FEB.. 26.
Lanka
U.K. Baurs
Sharebrokers'
Association
Belleza
Balon
N
HONG KONG DAILY PRESS, FRIDAY, FEBRUARY 26, 1937
H. K. STOCK EXCHANGE
AND
H. K. SHAREBROKERS' ASSOCIATION
Philippine Gold Mining Quotations
25th February, 1937
Time Received
9.53 10.13 10.23 10.37 10.56 11.07
BANKS
HONG KONG AND "SHANGHAI | THE CHARTERED BANK OF INDIA
* BANKING CORPORATION
Authorised Capital... $50,000,000
Issued & Fully Paid-Up $20,000,000 Hesorve Funds:-
Sterling
Hong Kong Currency
....£8,500,000
AUSTRALIA AND CHINA Incorporated by Royal Charter, 1857
HEAD OFFICE: LONDON.
Agencies and Branches 2-
Reserve
Pald-up Capital.. $10,000,000 Reserve Fund.....
22.000.000 23.000.000
Reserve Liability of Pro.
prietors..
£3.000.000
clos.
clos.
Reserve Liability of
Proprietors
.$20,000,000;
9.37
9.50
3.18
3.20
3.45
ALOR STAR ILOILO
BAIGON
Head Office:HONG KONG
AKRITSAR IPON
KUMARAND
BANGIOX
KARACHI
BEREMBAN
TT
1-1
Board of Directors. Hon. Mr. J. J. Paterson,
G. Miskia, Eq
BATAYLA 11
BOMBAY Clairman, MALOUTTA
CARTON
KLAHO KORE
SHANGHAI
SINGAPÕES
KUALA
AITIAWAN
LUMYUR
BOURABAYA
Deputy ChairmUN. ; CAWNPORR
KUCHING
TAIPING
J. K. Bousfield," Kay...,
CIB
MADRAS
TIENDRIN
33
A. H. Compton, Esq.,
Hon. Mr. & H. Dodwell,
COLOMBO DELHI
MANILA
TORAKAN
MEDAN
(Bhuket)
M. T. Johnson, E.,
HAIPHONG NEW YORK
TRIKOTAD
C 040
J. R. Masson, Esq.,
HAMBURG
TOKOHAMA
#
K. B. Morrison, Raqu
A
T. E. Faarco, Esq.,
N
A. L Shield, Eaq..
48
201
13.50
Mining
Itogons
1.40
.1.15
1.50
29/-
Kailas -
8.37.
$13.10
ed
LX. L
1.40
1.40 1.45
1.45
$131
15
Venezuela wuid Flux.
Maalisten
431 +21
44
44
37
Docks, Wharvas,
Min. Resources
***
301 40
41
Amoy
Branches:— Iloilo
Godowns, etc.
Northern Mining
13 14
16
Bangkok Ipoh
$108
H.K. & X, Wharvos.
ad
pig.
Paracale Gumaus
73
72
7:3
73 74 70
Batavis
Johore
$1.70
Providente (old) ...
13.00
San Mauricio
3.00
3.00
3.10
Bombay
Kobe
3.08
Calcutta
Kowloon
20 ct..
Do.
(now)
10 cus
Suyoc Consol
46
46
49
401
450
Canton
Kuala
3201
$100 970
H.K. & W. Door
SiG4 Shangoai Docks S. #3 New Engineering18.
Lands, Hotels, sod Buldings
H.E. Hotels ne
HK Lands
Do. 4% Dobentaires
Shanghai Lands
Metropolitan Lands.. HK, Realties......... China Do...8 Do. Debentureas. Humphreys ................ Chincas Estates.....
Colton Mi
$10.30 Ewa *********
S'ha Cottons(old)S.
Zoong Sings
Wing On Textiles:8.))
Pabijo Utilities
Tramways *********
190
$101
United Paracales... 1.15 1.10
1.15
1.15 1.20
-
1.15
Olietoo
Colombo
Market Comment.
Q
8
S
S
S Steadier $
S. S"
$ Q
D
E Uncert.
Dairen
Foochow Kalacca
4
*A 60
35.55
cd
+381
$102
T
Haiphong Manila
H. K. STOCK
EXCHANGE
YESTERDAY'S
LONDON EXCHANGE RATES
(British Wireless Service)
Hamburg
Muar
Tientsin
Harbin
Mukden Tsingtao
Feb. 23.
Parle Genova
105-9/04
21.454
Berlin
12.164
Feb. 24. 1051 21.44 12.16
Athena
$184
Milan
93
92 15/16
199
Copenhagen
168
Stockholm
$30
345
Shanghai
stocka,
New York
1/2.32 4.891
1/2
$13.30
13.30
$13
Amsterdam
8.94
$12
Pusk Tre
(phi)...
.4
SELLERS
Vienna
.19
31
μα [lio)...
$88
Star Furries pour
83
H.K. Banks, $1,860,
Prague
Madrid
120
Yaudiati Ferries
$14
Bank of East Asia, $84.
Lisbon
$13.50 Chus Light (old).
131
Union Insurances. $620.
$16.80
Do (now)...
71.80
4878
H.K. Electrica
• d
668
Douglases, $33.
Bombay
H.K. Docks, $19.75.
320
Macao do,
Montresi
$10
Sandakan Lights ....
Raubs, $13.20.
Brussels
29.021 4.80%
130
Telophones (oid) ... |
$29
HK. Hotels. $5.60.
Yokohama
#114
ad
$11.35
Do. (new)
HK. Trams, $13.90.
Belgrade
res
181
China Buses......8.
Monte Video *******
97/.
Bio
Bucharest
Sliver (forward)
Aliver (spot)
201 20-1/16 31% 1011
23 1/16.
34 1012.
THE AMERICAN EXPRESS CO.,
1382
105
*16
$10
$180
14
$60
382
$70
+31.
12
011
170.
(newS
W
-
17/Tractions, *********
Do. (pret.)..
Industriale
$194 Caldbeck, Londy
$15 Macgregore (pruf..
Canton Too
Cemente
$3.40 Ropes
Miscellaneous
Dairy Farran
Ch. E'tainment..........
Constructions, (old);
Crawford......
$1.60
40 ota.
Do.
(DOW)
BUZ
Laus
Nanyang Tobseco...
$2
Biocares
34
Watsons
8. 0.
prom. 87 prem. 141
H.E.
Do.
$60
Waa. Powells .......................
C. Enterprises ...
08% UL.G.5219266.2Bdm.l
K. Gort 4% L
Wallace Harper ................. EK Wing Os..... S'ha
Do
Vibro Piling....................
*Sales to Shanghai
:
OFFICIAL
QUOTATIONS
There is a better feeling with a continued demand for Utility
The Manila market is dull and lifeless.
Peak Trams (Old), $41.
Star Ferries. $89.
H.K. Electrics, $571.
Dairy Farms, $23.80.
Ewo Cotons, Sh.$18.
$1.70
$43 e d
331
$1.70
145 eta.
16.00
$3.10
$4
oti
E
95%
$108
$10
381
Trade Treaty With Britain
Indian Chambers' Views
The Secretary of the Federation
ghai Cottons (Old), Sh.$100.. S'hal Cottons (New), Sh.$75 Constructions (New), 40 cts.
BUYERS
HK. Electrics, $58. Marsmans (HK), 10-
SALES
HK. Banks, 31.865.
Union Insurances, $622-6221.
H.K. Docks, 320.
H.K. Trams. $5.85.
China Lights (Old), $13.80-85.
Masbate Consol. 724 cts.
War Loan
ON SHANGHAI :— On Demand
EXTRA MANILA CLOSING QUOTATIONS
Hong Kong. Feb. 25. Extra Manila sisäinig quotations figures kindly supplied by Messrs.
Ell & Edgar...
Assoc. Mines
A..
p.m.
.009
..01
Acoje Mining
.235 .255
Homestake Dulong Gold Creek Ipo Gold
.013 .013
.195 .195
.81
.29 .295 .315
.62
,29
.13
.135
.30
.08 .08 .075 076 .385 37 102.00 102.00
305
16
.165
12
.13
42
.42
23
Steadier Firmer
ture of exporting industries and Surigao of Indian Chambers of Commerce her import trade from the United Mother Lode
a state- Kingdom is wholly of manufactur- Paracale Gold and Industry has issued
ed articles. The United Kingdom's | Salacot ment on the plea for a quid pro exporting industries, in their own Sta Rosa quo trade treaty between. India interests, demand free entry for Universal Expl. and the United Kingdom put forthese. raw materials and the pre-Marsman ward by Mr. A.D. Campbell, Chair-ferences offered by that country to Dayaka man of the Indian Section of the india, are, therefore, of doubtful Cocogrove Manchester Chamber of Commerce. value. All these considerations | Mambulao
After pointing out that the In- should be given due weight in ar- North Mindanao dian commercial community, has riving at a 'quid pro quo' agree-Syndicate Invest
Development Inc. all along been insisting on the ment. strict observance of the very same The true test lies in assessing the Tinago principle, he says the British In- the net results of the trade rela- dustrial and trade interests should tons of a country with all her cus- tomers as well as her suppliers. It not forget, that in a truly quid pro quo' trade agreement between any is, therefore, necessary to review
Closing Quotations
February 20, 1937.
ON NEW YORK-
.4.89 1/32
8.931
29.02 4.89
Bank Bills, on-demand 301 Credita," "10 days' sight. 39)
Ban Fran-
cisco
"Lumpur Shanghai
London Singapore Lyons Scurabaya
Sungei
Patani
Hankow (Johore) Tokyo
Hongkew New York Yokohama
The Bank's Head Office in Lon don undertakes Executor & Trustss business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained ai any of the Agencies and Branches
A. BREARLEY,
Manager.
Accounts Current
opened in Local Currency and Fixed Deposita, received for one year or shorter periods in Local Currency and Sterling on terms which will be quoted on application.
Alsa up to date Safe Deposit Boxes in various sites To Let. Hong Kong, 3th Feb., 1937.
HONG KONG SAVINGS BANK
THE Business of the shore Bank is conducted by the HONG KONG BHANGHAI BANKING CORPORATION, Rules may be obtained on spplication.
For the Hong KONG & SHANGHAI-|
BANKING CORPORATION,
Y. M. GRAYBURN,
Chief Manager.
THE CHASE BANK
QUEEN'S ROAD CENTRAL
HEAD OFFICE:
16, PIX STEKET,
NEW YORK.
An American Bank offering com lets Foreign Banking Berrios 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. YORK, with Resources over V.8. $2,027,000,000,00
D. M. BIGGAB
Massager
Hong Kong, 24th February, 1936. THE YOKOHAMA SPECIE BANK
Incorporate with Edited Liability in U.8.A.
LIBITED
+
Capital (tally paid up)
Yen 100004 00000 Yen 120,000,000.00 Heserve Fund
HRAD OFFICE-YOKOHAMA
BRANCHES AND AGENCIES AT: Alexandria Honolulu Bangoon Bangkok Hainking Bio do Head Office: 65 BROADWAY, NEW YORK
Batavia Karachi
Kobe Berlia
San Capital
U.B.$8,000,000.00
Bombay London Bank Bille, on demand 649
Burplus ............. U.S.$3,340,344.38 Calcutta
U.8.3 807,619.85 Credits,
Reserves REYES). month's sight 874
Canton Amsterdam The HagueMontreux Dairen Moji Antwerp Hamburg Munich
On LONDON:
Telegraphic Transfer... 11/2 Bank Bills, on demand Credits four months'
ON BATAVIA
27/31.
On demand
1/3 1/32
ON PARIS:---
1018
ON BAIGO: ange
On SingaporS:—
On deinand
On demand .......
*.... 52
ON Manica
On demand jean
..... 60%
Basle
On JAPAN:-
Ox BANGKOK
Berlin
On demand
1407
Bombay
OX INDIA:
Telegraphic Transfer... 011 Bank, on demand.........
SoVERSION Bank Buying
Bate
Bruzzali
1/231/32
Cairo
BAN BILVER, për o§% ...........................
30 1/18
Calcutta
London
Cannes
Lugano
Colombo
Lucerne
On demande. v.....é. 108
PHILIPPINE MINING
NEWS
among those he T. Uewaki, mining engineer, re- lep.He said commended the development of the visited, this property is one that Santa Magdalena Chromite Group has the best natural advantages in located in the mountains of Mam-transportation facilities, combined with the suitable grade of ore for bog and Ban Juan, Botolan, Zam- .305
báles. He stated that he found are brick makinig which consumes chromite deposits in the properties a large part of chromite produc and developing them by open cut-on in the world. ting and tunneling will ascertain There are many ways of a
portation for shipping purposes. the magnitude of the deposita.
The Banta Magdalena group con- Uewaki stated, By road to Iba, sists of 112 lode claims of chromite, or Botolan, or to the mouth of The examination of the properties Bangkal river about seven or eight was conducted by Mr. Dewaki upon kilometers from the first deposit the request of K. H. Hemady, pres-, the mine.
two countries the visible and in the whole export and import trade H. K. SHAREBROKERS
India, ir the advantages visible imports and exports must of
à trade agree- account. Indianarising out of taken into be
with the United King- commercial interests and even the ment extreme political opinion in India | dom are to be correctly measured. "will not have any ground to com- The mere nature of a trade balance plain if this principle is faithfully of the United Kingdom with India observed during the present nego is no criterion for Judging, the tiations between India and the Unit- merits of any agreement Given. ed Kingdom. In fact in the accep- goodwill and an appreciation of tance of that principle alone will one another's point of view, and lle a permanent solation to the difficulties, it may not be dimcult maintenance of happy relations to arrive at a trade agreement bas- between these two countries. It ed on reciprocity. For that ena it should be further noted that In- is necessary that these trade nego- dia's export trade with the United Nations should be free from all Kingdom is almost cent per cent political domineering by the Unit composed of raw materials required Kingdom exercised in the inter- esta of its own industrial interests. ed by the latter in the
the manufac
ASSOCIATION
BUYERS
Banks, CD $1,855. Steamboats, $31. Providents (Oid); $1.67). HK. Docks, $20. Trams, $13.30. China Lights (Old), $13.80. Bincere, $2.10.
SELLERS
SALES Providents (Old), $1.70. H.K. Docks, $20-201, China Lights (Old), si3i, Electrics, 3574-57 ****
Ropes: $31.
Ident of the Juan Yamael and Company.
Mr. Uewaki reported that there,
ore deposits found by him around Camp No. 1 in the cozonal
are
the cordillera. He said that there' are three chromite bearing horl- zona exposed, running parallel and occurring in a zone some 200 feet wide. The chromite ores found give assays ranging from 30.7 per tent to 34 per cent, Mr. Dewald stated.
area of the Northwestern side of
CHINA TRADE WITH
GERMANY'
Commercial Relations" Envoy To Berlin Deals With
Athens Havada Naples
Havre
Nice
Heidelberg Parig
In tertaken Peiping Jerusalem Piraeus
Liverpool Rome
Copenhagen Luxor
Botterdam Shanghai
aneiro
Francisco
Los Angeles Seattle....
Manila Semarang
Shanghai
(Dalny). Nagasaki
Singapore
Fengtion
Nagoya
Soerabaya
Hamburg Osak
Tientsin
Hankow Otaru Tokyo
Harbis Paris
Tringtao
Hong KongPeiping.
Tinkow
(Mukden) New York Sydney
Interest allowed on Current As counts.
น Singapore Deposite received for Fixed Periode at rates to be obtained on application.
Southampton
Dublin Manila Tientsin
Edinburgh Marseilles Venice
Florence Milan Vienna
Geneva
Genos
Monte Yokohama Carlo Zurich Glasgow Montreal
Branches of American Express Company in Principal Cities jf United States of America and Canada.
All classes of Commercial Bank ing Transactions undertaken.
Personal investment Bccounts handled.
The Company offers to intending travellers the use of its "Travder Chequer and Letters of Credit and, in addition the world wide services of its thoroughly equipped Travel Department.
E. W. DUGGAN, Manager.
SINGAPORE RAW RUBBER
H. JOSEPH & CO.
Hong Kong, Feb. 23.
Y. KANO,
Manager.
Hong Kong. 13th Nov., 1038.
BANK OF EAST ASIA, LIMITED.
Authorised Capfial $10,000,000,00 Paid-up Capital 5,000,000.00 Reserve and Undivided
Profits 2,685,395.59
HEAD OFFICE:-Hoxo Kono No. 10, Des Voeux Road, Central
·Board of Directors;
Bir Shouson Oków, Chairman
Li Koon Chun, Esq. Li Lan Sang, Eaq. P. K. Kwok, Esq., Wongt Wong Yun Tong, leg. Kay Ying Po, Bag. Chan Ching Shaka
Kan Tong Foq. Ualef Mansg
La Te Fong, ng, Mand
Messrs H. B. Joseph & Co., 16- BRAT ceived the following quotations from Singapore in Straits Currency Ciebie
Commercial relations between China and Germany, formed the for Raw Rubber: subject of an interview. granted to 19 the Berlin paper "Der Angriff by Spot
March Dr. Cheng Tien-fang, Chinese An- bassador to the Reich
He reported that beside the four Chinese imports from Germany, trenches exposed, there are many the envoy declared,' chiefly consist places to be opened, especially of paints, machinery, building ma- | W around No. 2 camp,
April-June July-Sept Market:--Firmer
Наском
Buyers
Robe
384 Up 388 Do 387 Up t
387 Up
terial scientific instruments, ca- volume of Chinese Imports, Ger- Concluding his report. Mr. Ue-meras and medicaments. China, man exports to China increased waki stated that during the past on her part, sends to Germany from $4,000,000 in 1835 to $136,- years he has had the opportunity certain agricultural products, land, 000 000 in 1936: Chinese exports to to examine many chromite depos antimony in and tungsten. Germany increased during the Its all over the country, partic- The Reich, Dr. Cheng pointed same period from $16,000,000 to ularly in the province of Zamba-out, occupies second place in the #36,000,000..
Branches and Agencias
Koleda London RADEDEX
Melbourne Jan Pera- New York Sessile
Priping
Bynday
"Tokokams
description of Banking : and Exchange business tra Loans granted on Goourition
Current Accounte opened in Local Currency and Fixed De shorter pariode. In Local, and site received for one your or Foreign Currencies on terms which be noted on application.
posit Boxes To Let KANTONG PA
Ower Alaniow
Rate
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