1937-03-02 — Page 12

Daily Press 孖剌西報 All

$33

!!!!!!

BANKS

HONG KONG AND SHANGHAI | THE CHARTERED BANK OF INDIA

BANKING CORPORATION

VYOAKAM

Authorized Capital $50,000,000 Issued & Fully Paid-Up $90,000,000 Reserve Funds:-

Sterling

...........£ 6,500,000

Hong Kong Currency

AUSTRALIA AND CHINA, Incorporated by Royal Charter, : 1857

HEAD OFFICE: .LONDON-

W

Paid-up Capital...

$5.000.005

Reserve Fund £3.000.00 Reserve Hablilty of Prai

£164

391

Antamoks

toks

་་་

119

H

Shipping

Dougundos remar

$33

Steamboats

$35

Indon (pref.)

536

Do. (def.)

166 Shells ............

$10) Waterbosta

$10

Mining

22/44 Kailans.

Raubs

$ 06

$L.TO

20 ot.

$10

Venozuala Gold Fida.

Docks, Wharvus,

Godowns, etc.

H.K. & K. Wharton $108 Providenta (old)...

Do.

H.K. & W. Dock

Shangnai Dooke S.

13 New Engineerings8.

Lands, Hotels, and

Buildings:

H.K. Hotels

H.K Land........... Do. 4% Debentures Shanghai Lande....... →

Metropoliau Lands..

H.K. Kenities......... China Do....... baş

Do. DebentULUMD.

Humphrey

Cotton Milla.

S'hai Cotinstaldi.

*****

* *

LI

#310

Baguio Gold

*GRU

80 eta.

$30

Benguet Consol

Benguet Explor

Big Wedge Cooo Gcore...

12

DAILY SHARE QUOTATIONS -

Hong Kong Stock Exchange

Sharebrokers'

Association

HONG KONG DAILY PRESS, TUESDAY, MARCH 2, 1937.

·

H. K. STOCK EXCHANGE.

AND

H. K. SHAREBROKERS' ASSOCIATION

Bellero

valen

Monsall

MONDAY. MARCH. I.

Ballers

видует

Digajua

$1,8201 z d.

£11 210

933

C

12:0012

189

1620

Banks

H.B. Bangs............- 31,810) x à

Du. (London)....

Chartered Banks...

Mercantile Bia. "A"

Do.

Bank of East Amin... $68

N. U. & S. Baska

1910 Canton lusargosa..

Union Insu3008 ...

Underwriter (2001)

H.K. Firen....................!

International Auson, 3. Í

Philippine Gold Mining Quotations

97th Feb. Closing Ralos

B. D. 9.45

9:45

1st March, 1937

Time Receired.

9.03 10.00 10.23 10.40 10.53.11.10

Reserve

$10,000,000

Reserve Liability of

prietors

£3.000.000

Proprietors

...................... $20,000,000

1

cloa.

ofos.

Agencies and Branches

9.30

2.55

3.06 3.19

3.40

Head Office:-HONG KONG

ALOR - STAR ÚLOILO AMRITSAR

1100M

IPOE

Board of Directors.

... 1.45

1.40 1.50

1.45

G. Miskin, Esq.,.

50

50

51

49

43

Chairman.

104

28

30

M. T. Johnson, Esq.,

BANGKOK BATAVIA BOMBAY CALCUTIA

KARACHI KLANG KOJUS KUALA

HIMABANG BELEMBAN

SHINOBAI

SINGAPORS

SITIAWAN

13.7814.00 13.75 1375

14.00 13,78

Deputy Chairman. CANTON

171

Unquoted

J. K. Bousfeld, Esq.,

17

A. H. Compton, Esq., ̈

***

33

32 343

391

Hon. Mr. S. H. Dodwell,

...7479

73

73

76

74)

J. R. Masson, Esq.,

CAWNPORN CEBU COLOMBO DELHI

LUMFUN KUCHING

SOURABAYA

TAIPING

MIDRAN

TIENTRIN

MANILA

TONGEAR

MEDAN

(Bhuket)

Consol Mines

.048.047

.046 047

.047

.018

K. S. Morrison, Esq.,

Hon Mr. J. J. Paterson,

$35

Demonstrations

22

92

94

93

4

રીપ

T. E. Feare, Esq.

138

E. Mindanao

33

35

36

38

A. L. Shield, Esq.,

152/6

G. GoldBalds

30

39

29

Itogons

1.45 1.80 1.45

1,50

1,80

1.45

33/-

IX. L

1.48 1.40 1,80 1.45

1.40 1.45

1.00

od

$134

Branches:

Masbates

45 47

45

37

Amoy

Iloilo

Min. Resources

39

39

40

40

Bangkok

Ipoh

Penang

Northern Mining ... 14) 141 14h

15

1.

Batavia

Johora

Rangoon

o d

Paracale Gumus...7179 -

་་་ 72

R

Bombay

Kobe

Saigon

Calcutta

Kowloon

11.65

San Mauricio

(new

320

10 cta.

Suyoc Consol

$10.90

3,00

40 United Paracales... 1.20

3,00 310

3.03

3.10

3.05

Carton

Kusta

435

45

44

M

Chefoo

Lampar Shanghai

1.10. 1.20

1.18

Colombo'

London

$101 13

#

Dairon Lyons

Market Comment.

E

S

S

3

S E

S $ E

S E

S

Q

Haiphong Manila

16.58

IUS

16

$10

$4.80

24

180

181

370

China Estat

$18.10

$102

Ewo

377

-31

ANT

$44

Do. Zoong Jings. S Wing Un fertiles(S.).

nows.

$40

Pabllo Chillies

11

$13.10 x d

$1

Da

183

$13.85

Star Ferri

$25

Tramway.......... Poak Trams (otu)... (now)...

Yaunati Ferries...

$13.90 d

#

+2

$24

$10.800

Do. (new)

Chins Lights (old)... 13.80

310.80

$68

HK. Electrica:

Be

$20

Macao do.

Sandakan Ligita ...

steady.

Telephones (old)

ed

„Do1 (new)

od

1291 $11.35

191

China Bart B.

26/-

(prof.)..

5.0

•33

1021

HI

૪.

::: 1

$18.35

$08

$3J

H. K. STOCK

EXCHANGE

YESTERDAY'S

Hankow (Johore) Tokyo

LONDON EXCHANGE RATES

(British Wireless Service>

Harbin Mukden

V. M. Grayburn, Esq...

Chief Manager,

Peiping

San Fran.

ci800

Singapore Sourabaya

Foochow Malabos Sungei

Patani

Hamburg Muar Tientsin

BANKOW

KARAIN

KËW-YORK TSEKOITAO

FLIPING

TOKOMAMA

(Paking) BOANGA

- FRANO

HONG KONG MANGOON

FOR ION EXCHANGE and General Banking Business transacted.

CURRENT ACCOUNT opened and Fixed Deposits received for On", Year or shorter periods at rates which will be quoted on applica 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. BREABLEY, "

Manager.

HAIPHONG HAMBURG

Tsingtao

Hongke

QUOTATIONS

The local market opened with and enquiries for Hong Kong Shanghai Banks, Union Insuran- cès, Whampoa Docks, Hotels. H.K. Trams, China Lights and HK. Electrics at alightly higher rates. Owing to the scarcity of sellers business was on a restricted scale, but the undertone of the market is Arin.

The Maul's market is quietly

New York

Amsterdam Vienna

Athens

Milan

Copenhagen

Stockholm

Shanghai...TAGANADODUO

4.88 31/32

4.882

8.92%

2.92

140

1,40

$107

441

*APA⠀

::

37-Tractions ...................

Do.

Industrials

19 Caldbeck, ford).

17 Macgregors(prof.)8.

$11

Canton Ic

Comments ****

$3.40 Koper

Miscellaneous

Dairy Farine

Constructions, (old)}

OFFICIAL

BUYERS

HK Banks. $1.825.

Paris

Genera

Berlin

Feb, 27.

105-5/32

21.423

Feb. 25.

1057/64 20.43

12.15

12.15

92 29/32

921

11

Prague

Madrid

Lisbon

Hong Kong Ma Bombay

1/61

Montreal solmegaanquecasesapar

4.88 15/10

4.887

Brussels

20.021

29.02

Tokohama

Belgrade

Bank of East Asia, $68.

Monte Video

1250

Bucharest

Union Insurances. $620.

Douglases, $33.

H.K. Wharves, $107.

China Lights (Old), $14.

China Lights (New), $11.10.

***

H.K, Docks, $201.

$1.70

Providents (Old), $1.70.

$10.90

Rauba, $13.25.

131

HK. Hotels. $5.60.

Humphreys, $81.

$23,70

Ch. E'tainmenta................

$23.80 cd

H.K. Trams. $134.

331

Star Ferries, $83.

$1.00

$1.70

Do.

(new)

45 eta.

101

Lane Crawford.........

Nanyang Tobacco..

r&.90

Sinceres

$2.10

Warsons

34

Wo. Powalls

150

. Enterprises...

#1

90%

2.G.5%10450, Bda.

H.K. Govt 4% L

$108

Ewo Cotions. Sh.$16.10.

Do.

31%

$101

:61

$51

prea8%

pr-m

Wallace Harper

HE Wing On.....

$69

S'hal

:6

Vibro Piling.....

•Sales to Shanghai

PHILIPPINE MINING

NEWS

MARSMAN IN NEW YORK

F. de la Cantera, vice-president;

J. H. Marsman, head of the V. Pallia, treasurer; and Ulpla-

Francia, M. V. del Rosario; and Jose Maria Tuazon," members of the board of directors.

Marsman interests, arrived in New no Sarmiento, Natividad T. de York City on February 18 from London. Mr. Maraman is a mem- ber of National Economic Counell and it is expected that while he Is In the United States he will The Dunayop Mines, owner of render assistance at the forth-09 lode gold clatma in Callat, So- coming trade conference.

DUMAYOP MINES

lano, Nueva Vizcaya, recently fl- ed its incorporation papers. Tho the company was organized by Roy Investments and Corporation.

H.K. Electrics, $57) Sandakan Lights $11.

Telephones' (Old), $29.69.

Cements, $10.80.

Dairy Farms, $24.

S'hal Cottons (Old). Sh.3102, S'hal Cattons (New), Sh.$77. Constructions (New). 45 cts. Consolidated Mines, 18" cts...

SELLERS

HK Lands, $364. Cements, $11.

SALES

H.K. Banks, $1.835. H.K. Wharves. $107. Providents (Old), $1.70. H.K. Trams, $13.15-25. Peak Trams (Old), $44. China Lights (Old). $14. China Lights (New), $10.95. HK. Electries, $58 Telephones (Old), $30. Demonstrations, $1.53. Consolidated Mines, 08 cts. E Mindanao, 60 ctá

EXTRA MANILA Becurities CLOSING QUOTATIONS

SURIGAO-BULAWAN Frederick MacCoy, mining en gineer of the Mining and Metal lurgical Engineers, Inc. has stated in a report that the Surigao- The members of the board of Bulawan property is a good pre-directors are spect Eighteen million

James Stevenson.

cubic William L Penn, Henry C. Bass yards, he says, have been blocked Hernando C. Corvera, Jose out. Mr. MacCoy values this gravel Roy. Jose D. Cortez, and Migue- at P1,65 per cubic yard. accordingla Y. Stevenson.

to his report.

MECHANISM ARRIVES

The thickener mechanism

Hong Kong, Mar, I Extra Manila closing quotations figures kindly supplied by Messrs. Ellis and Edgar.

ปี

for

'Assoc. Mines Acoje Mining Angelo Dulong

a.m. D.IL .011. 011

25

.25

.16.

.16

.215

215

.23

235.

.305

$305

.04

.63

MASINLOC CHROMITE The Masinioc Chromite Mining the flotution plant arrived in Ma- Company, Inc. has located a large nila recently, thus completing the chromite body according to Th equipment ordered by the Ato

mas Ballard, engineer.

SALTAN-KALINGA

Gold Creek Ipo Gold Gold Mining Company, managers

Surigao of the property, Installation of The properties of the Saltan-this equipment will be made as Mother: Lode

Balacot Kalinga Consolidated Gold Mining soon as possible in order that the Paracale Gold Association in Balbalasang and Ta- plant may get into operation at lalan in Kalinga, Mountain Prov an early date on the ore from the Batong Buhay

which requires Universal Expl. ince are rich in minerals, accord- Broadway vein

Bued ing to a report submitted by Louis Rotation treatment...

C. Dell mining engineer. The The building for the notation Dayaka

formation of the property are of Intrusive and extrusive origin The predominant country rock is an agglomerate which covers the entire area

The organizers of the company are. Mariano A. Locsin, president:

plant has been completed, founda- Crown Mines tlons have been set, and the no- Mambulao talion cells which arrived some North Mindanao time ago are now in place. The Syndicate Invest Alter is now being installed, and Development Inc, with the thickener mechanism, the Tinago lastallation will be complete.

.15 .305 305. 075. 075

22

Bliver (forward)

Silver (spot)

War Loan

ON LONDON:-

20+

20 1/16 31% 1021

Closing Quotations

March 1, 1937.

Telegraphic Transfor... 11/3

Bank Bilis, on demand | 27/32 Credits. four months'

sight

ON SHANGHAI:---

On Demand

| On Singaporn:-

'On demand'

On JAPAN

On demand

O'N INDIA:-

ON NEW YORK:-

New York Yokohama

::

Current Accounts opened in Local Currency and Fixed Deposits received for one year or shorter 14, periods in Local Currency and Sterling on tarms which will be quoted on application.

Also up to date Safe Deposit Boxes in various sizes To Lat. Hong Kong, lut March, 1937.

al

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." "",

V. M. GRAYBURN,

Chief Masager. Hong Kong, let March, 1937.

20-3/15 201

BANK OF EAST ASIA, LANTED.

Authorized Capital ...$10,000,000.00 5,598,800.00 Paid-up Capital Reserve and Undivided

Proft

9,665,386.09

Bank Billa, on demand 30 3/16 Credite, 60 days' might. 30 9/10

542

Bank Bills, on demand 849 Credits, 4 month's sight 674

ON BATAVIA:-

On' demand

ON PARIS:-

101

ON HAIGON 20

ON MANILA:--

ON BANGKOK:~

106

Telegraphic Transfer...... 1817.

Bank, on demand......

On demand

no demand

in

84)

On demand................. 1497 SOVERSIGN Bank Buying

Bate

BAY SILVER, për on.

1/239

Нель Отто-Нона Комо No. 10, Des Youx Road, Central

Board of Directors:

Sir Shouson Chow, Chairman

Li Koon Chun, Esq. Li Lan Bang, Esq. WongChaSon, Esq P. K. Kwok, fag, Wong YunTong, dag. Kan Ying Po, Esq. Chan Ching Shek, Esq.

Kan Tong Fo, Esq., Chief Managur. Li Tse Fong, Eaq, Manager

"Brancha and Agencia;—

Amoy

Kowloon, Penang

BourROGYA

Послтва 90 3/16

Bombay

Lendas Manila

BAUKDOD

Birstow

Kalgoo

Bynday

Clouti

Kalbourne San Fran

Faibaku

Olatun

dental

Berserang YaDBOUVET

Pacit

Shanghal Yokohama

Palping Bingapor

Soviet Estimates Realized

78,715 Million Rouble Budget: Big Excess In Revenues

The report of the People's Com-, mle organs for the year amounted missar of Finance of the USSR., to about 145 milliard roubles, M.. G. F. Grinko, on the Budget which is 3.2 milliard roubles above for 1937, at the Session of the Cen- Budget estimates. tral Executive Committee of the U.S.A.R., contained preliminary data on the fullment of the State Budget of 1936.

been fixed at The Budget had 78,715 million Foubles. This was not only tulalled but even ex- ceeded on the revenue side by 5.9 per cent. and on the expenditure side by 3.8 per cent.

The excess of the revenues over the expenditure amounted to about 1.7 milliard roubles,"

Revenues exceeded estimates by almost five milliard roubles.

In 1936, the value of the output

The volume of commodities cir- culated in the country 'reached 108 milliard roubles in 1938, or six milliard roubles more than plan- ned...

in 1935, the rates of taxation of the population were not increased. Nevertheless, this revenue item ex- ceeded estimates by about 500 mil- Hon roubles. This was due to the

growth of aggregate wages in 1936 17.6 milliard by, approximately roubles as compared with 1935, and also to the enormous growth of Incomes of the countryside.

Haiphong Saw York Bancrio Torre Backow Honolulu

Kabe;

.1

THE CRASK BANK

QUEEN'S ROAD CENTRAL

HEAD OFFICE:

18, Pix STAIT,

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

This Bank is entirely owned by THE CHASE NATIONAL BANK, Naw YORK, with Resources over V.B. $2,097,000,000.00

D. M. BIGGAE,

Manager.

THE YOKOHAMA SPECIE BANK

LIMINED

Capital (fully paid 'up)

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

HEAD OFFICE :—YOKOHAMA

BRANCH AND ÅGENCIES AT: Alexandria Honolulu Rangoon Bangkok Hinking Rio de

Karachi Janeiro Batavis Berlin Kobe San Bombay London Francisco Calcutta Los Angeles Seattle

Canton Manila

Dsiren

Moji

(Dalny) Nagasaki Singapore

Fengtion Nagoya

Semarang

Shanghai

Soerabaya

Hamburg. Osaka

Tientsin

Tokyo Tsingtao

(Mukden) New York Bydney

Hankow Otaru

Harbin Paris

Beas KongPeiping Yinkow

Interest allowed on Current Ac- cuaki

Deposits received for Fixed Ferioda at rates to be obtained on Application.

!!

Y. KANO,

Maunger..

Evely description of Banking Hong Kong, 18th Nor., 1938.

and Exchange business trahilitedi za pan Loans granted. Acurities

!

ASSOCIATION

Current Accounts opened H. K. SHAREBROKERS' Local Currency and Fred De posita técélvid for one Year "dr Local and borter periods in Foreign Gottencies on terms which will be quoted on application. Rafe! Joppait Boxes To Let KAN TONG PO

ab hoc, m.

April ban s

FRENCH PROFITEERS TO BE PUNISHED 1-

Unjustified Price Increases

Not Permissible Unjustified price increases will result in rigord punishment, ac- Of the expenditures in excem of cording to the terms of a projected

BUYERS

Bank, pt Fast Asla G.D., 188. " Providents (Old), „$1.70.. Hotels, $5.50

Trams XD

$13.20.

Ching Lights"(Old), $13.85, China Lights (NéW), $170. Cements, $10.85.

BALES

Providents (Old2 $1.70. China Lights" (Old), $14.

price surveillance to approve the prices that are bot. The surveil- lance committee will have to make its decisions within a period of two

Tillelt increases in price will be punishable by a fine or 500 to 100,- 000 francs when the prica raising

is done by a wholesaler, and a fine

of heavy industry exceeded esti-estimates, which amounted to law being considered in Paris weekali gibi mates by 1.7 milliard roubles, the about three milliard roubles, about. Beginning on February 16 and 15. excess of profits amounting to 545 one milliard roubles was spent on lasting for six months, all in- million roubles. The food industry additional financing of national creases in price over the level of turned out: 600 million, roubles economy, chiefly the rural econo-July 1, 1936, will be considered, ac worth of products above estimates my; about two midiard roubles on cording to the terms of the law, and received 260 million roubles education, in connection with the to be felt if they are not just

-rise in teachers salaries and added either by increases in the costs extra pronts. Light industry turn- ed out products to the value of ditional expenditures on the exten- of raw materials or by a rise in 370 million roubles above estimates.son of kindergartens; and about social charges, such as wages. This Soviet rallways carried 27.2 mil 300 million roubles on health pro- would apply to provisions, mer- lion tons of freight and received section; in conection win the ex-chandise, services and raw, materi- about 100 million roubles extra tension, in connection with the als

Industrial sxtension of the network of cre-

• profits. “ vaiba dienas skatta

"As a result, the aggregate proches, lying-in homies and other me Steady. Firm.fits of State enterprises and econo- dical bastitutions.

.38

405

.39

38

.29

285

,27

285

.40

40

.135

135

of sixteen to. 500 francs when done by a semi-wholesaler or retailer.

Billboards of condemnation on the doors of the dwellings, stores, factories or workshops of those condemned for the practice will be obligatory for a period of two weeks. The competent judicial-zu- commercial and thorities could is require the in- wholesale operators are expected to sertion of notices concerning the for a national committee of action in one or more newspapers.

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