1937-03-12 — Page 12

Bux

12

DAILY SHARE QUOTES

Hong Kong Stock

$1 555

Baliph

Exchange

£110

THURSDAY. MARCH. 11.

Banks

H.K. BankA

Sharebrokers'

Association

Buyers

bo. (London).....] { Chartered Banks...

مولود .

Faler

HOLIXA

HONG KONG DAILY PRESS, FRIDAY, MARCH 12, 1937.

H. K. STOCK EXCHANGE

AND

H. K. SHAREBROKERS' ASSOCIATION

Philippine Gold Mining Quotations

11th March, 1937

Time Received

0.44 0.83 10.90 10.5 10.37 10.51 11.09

elos.

clos.

2.10 2.55

3.10

3.19-3.42

BANKS

HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA

· BANKING CORPORATION

Authorised Capital

$50,000,000

Issued & Fully Paid-Up $20,000,000 Reserve Funds:--

Sterling

....£8,500,000

Hong Kong Currency

Reserve Liability of

Reserve

Proprietors

AUSTRALIA AND CHINA Incorporated by Royal Charter, 1889

HEAD OFFICE: LONDON:

Paid-up Capital......

$10,000,000 | Reserve Fund....

1

$20,000,000 |

Head Ofice HONG KONG

Recurve Liability of Pro- prietors

23.000.000 "£3.090.000

£3.000.000

Agencies and Branches-

ALOR STAR ILOTLU

SAIGON BEMALANG

.4

HAIPHONG NEW YOLK

PEIPING

(Bhuket) SINGTAO

YOKOHAMA

(Poking) KAMBOANGA

PERANG

HONG KONG BANBOON

$1,250

10th Mar.

elish

Closing

B.

0.44

**

2151

233

Marcantile Bks. "A"

Rated

£33)

21st

Do.

40"

ad

£15)

$86

Bank of East Asia... 185

Antamoks

1.35 1.45 1,35

4.40

N. O. & S. Barks ...

194

Insurances

Atoks

41

40

43

38 39

1310

Canton insaraucos,

300

Bagaio Gold

37

28

3627

Union Insuran1006 .......

$826

Benguet Consol 14.00 14.25 14.00 14.95

ཙྪཱ| !

1.40

40

41

201

97

}

Board of Directors. Miskin, Esq.,

AMRITSAR IPOK

BANGKOK

KARACEI

BEREMBAN

BATAVIA

KLANG

SHANGHAI

Chairman.

BOMBAY

КОНК

SINGAPORE

M. T. Johnson, Esq.,

CALOUTTA

KUALA

SITIAWAN

Deputy Chairmun. | CANTON ·

LUMPUR

SOURABAYA

J. K. Bousfeld, Esq.,

CA WNPORE

KUCHING

TAIPING

#1

Underwriters

60 ct.

1290

H.K. Firesi

$996

Benguet Explor

10

T5 17

A. H. Compton, Esq.,

CKBU

MADRAS

TIENTSIN

841

International Asses. S.

Big Wodge...

28.

SA

29

24

242

951

Douglans

Steamboats

835

Do. (def.)

148

Shipping

Indos (pref.)

Shells.......

Coco Grove

63

68 04

133

Consol Mines

.043

.043 044 042

013

ཎྞཱ་ } |

Hon. Mr. S. H. Dodwell,

COLOMBO

MANILA

TONGKAR

J. R. Mason, Esq.,

DELNI

MEDAN

1

042

K. 5. Morrison, Esq..

Hon. Mr. J. J. Paterson,

HAMBURG

Demonstrations

... 80 90

89

90

T. E. Poarce, Esq.,

HANKOW

$35

338

E. Mindanao

31

1 31 33

30

A. L. Shields, Esq.,

HARBIN

149/9

G. Goldfields

20.

25

*97

24

V. M. Grayburn, Esq.,

$10

Waterboata

o d

$10

Mining

21/

Kailans

BU-

Venezuela Gold Flda.

Raubs *******

red

| $13.40

Itogons!

I. X. L

Masbates

1.40

1.36

1.40 1

1.39

1.30 1.40

Branches:

49

43 421

Amoy

j Iloilo

$7

Min. Resource

37

39

Bangkok

Ipoh

Penang

Docks, Wharves,

Northern Mining

12. 112

12

Batavia

Johore

Rangoon

Godowns, etc.

Paracale Qumaus ........ 85

B0

04

BILD

$1.90

10 ct

$164

83

A.K, & K. Wharves.

Providents (old)... Do. (new) HK. & W. Doers

Shanguni Dock S. New Engineerings.

Lands, Hotels, and

Buildings

$1.95

$201

c J ********$20

ad $1.86/0

#115

San Mauricio

2.70

2.65

$.80

al

110 ot.

Suyoc Congo

39

United Paracales

97..

18

39

37

g}༄ |

Bombay

Kobe

Saigou

Calcutta

Canton

Kowloon Kuala

San Fran

Cisco

Chefoo

94

98

05

06

彻

02

Colombo

計

$101 13

Dairen Lyons

Markat Comment.

Easior Uncertain Easier

E

S

S

S S

S Easter S

8

190

$34

Wing Ou Textilon(S.)

$6

H. K. STOCK EXCHANGE

LONDON EXCHANGE RATES

(British Wireless Service)

B

YESTERDAY'S

Paris

Geneva

Berlin

Athens

OFFICIAL QUOTATIONS

The market showed signs of re- newed activity to-day with buyers in evidence for most of the Public and Banks counters. Utility Unions changed at $1,800 and

Milan

Copenhagen

Stockholm Shanghai

Mar. 9.

¿ 107-3764

21.40.

Mar. 10. 106 57/64 21.414

12.14

12.144

H.K. Hotels

HK Lands..........

$34

Do. 4% Debentures 8 3

.-16

Shanghat Lands...D.

Metropolitan Lands..

15.10

H.K. esitles.........

34

China DoS

160

Do. DobenturesS!

Humphreys *******.

276

Chinese Estate......

Colton Mills

3131

Ewou

od

$18.15

02-11/16

-92 27/32

$105

S'hai Cotton(uld js.

$100

Do. (new)S.

$80

31

Zbog Sings......

$30

14:

$51

Pablie Utilities

New York

Amsterdam

1/2-9/16 4.87-15/36. 8.913

4.88 9/16 8.922

J

Tramways masseer

Pook Trame (old).

'

Vienna

al

Do. (new)...

9.

187

Star Ferries

180

SID

Yaunti Ferries

1949

514

$630 respectively. Cements wanted at $11 and Docks at $267 with no shares offering.

Prague

were

Madrid

Lisboa

$11.10

Du (new)...

Hong Kong

a.d

*

$591

Bombay

$20

Montreal

4.89 28.931

$30

Telephones" (old)....

1291

Do.

(new)

$11.86

ફ

China Buses.

27/8

£6/8

8)-

Do. (pref.).

"Industrials

+34

$18

Caldbeck, Kante

$13.50

Sit

1081

ཁ་---་འཁྱ་

$14.20 China Lighte (old)...]

H.K. Bectrica ........

Macao do,

Sandakan Lighta....

Tractions ...................

$17. Macgregor (pri48.

Canton Icus

Kopera

Miscellaneous

PS:

::

The Manila market continued easy,

BUYERS

HK. Banks, $1,855,

Unlon Inces., $828.

H.K. Fire Inces.. $285. Douglases, $34.

H.K. Steamboats, $101.

H.K. Wharves, $1154,

HK. Docks, $261.

Raubs, $131.

$1.70

#11.70

Coments

118

13

131

(360

H.K. Hotels, $BI,

H.K. Realties, $5.20.

ELK. Trams, $14.-

120

Dairy Farma...

sabi

位

Ch. E'tainment...... 1390

Peak Trams (Old), $41.

14

$1.80

Constructions, (old)

$1,50

Star Ferries, $87.

Do.

(new)

(7jata

China Lights (Old), $13.90.

$81

Lana Crawforda......

Nanyang Tobacco. $51

311

Sinceros

$4.80

Watsons

$2.10 14.70

80. Enterprises

31

36%

prezz

$%

H.K, Glovu 4% Loans

108

HK. Ropes, $3.50.

Do. 31%

$101

Dairy Farms, $25.

14.

Wallace Harper......

.360.

H.K. Wing On

105

Watsons, $4.60.

S'hai Do

$72)

Lane, Crawfords, $81.

$6.49

Vibro Piling

98% CL.G.671025G.JBdu.

Sales to Shanghai

WORLD SUGAR

QUESTION

British Policy Outlined

SUMATRA TEA

Acquisition Of

Remaining Shares

London Feb. 4.

With reference to the offer to Sumatra Tes Estates by the Run- ber Plantations Investment Trust, which Was recently reported, It is now stated that the offer

London, Mar. 10: The forthcoming international suzar conference Agured largely at Commons question

The time.

'Brussels

Yokohama

Belgrade Monte Video

Rio.......

Bucharest

Silver (Forward

Silver (Spot) War Loan

ÜR. LONDON:-

KK Electrics, $50). Sandakan Lights #11). - Telephones (Old), $29). Telephones (New), $11.80.

Cements, $11.70.

ON SHANGHAI :—-

'On Demand

On demand

S'hai Cottons (Old), Sh.$105. S'hai Cottons (New), 8h.$80. Constructions (New), 324 cts.

SALES

H.K. Banks, $1,255-1.800, Unton Inces,, $628-630. HK. Steamboats, $104. Providents (Old), $1.95. H.K. Lands, $34. H.K. Trams. $13.90. China Lights (Old), $14. Telephones (Old), $30. Telephones (New), $11.80-11.85. Cements $11.70.

EXTRA MANILA

Colonial Secretary, who stated has been accepted by holders of a CLOSING QUOTATIONS

that the exports, of sugar from British colonies had been 782,000 tona-in. 1933, 751,000 tons in 1934. 851,000 tona. In 1935, and 1,000,000 toria last year, said that in con- sidering ang suggestion at the conference of a quota for British colonies, the latest figures would be taken into account.

sufficient proportion of the shares of Sumatra Tea to enable the Trust to acquire the remaining shares. The Trust will immediate- ly take steps to do so.

Hong Kong. March 11. Extra Manila closing quotations figures kindly supplied by Messrs. Eills and Edgar.

3

Associated Mines

Under the Finance Act, 1927. the Trust becomes entitled to in- crease Its capital to £2,719,625 without payment of capital duty Acole ifining Regard must be paid to the fact to the extent of the 219,825 shares

Angelo that the principal foreign sugar of £1 necessary, to give effect to

Dulong exporters had reduced their pro- the amalgamation.

Gold Creek duction substantially while British These shares will, on allotment,

Ipo Gold colonial production had been be converted into stock, ranking

Gold River expanding, but subject to that de- with the existing issue stock ex-

sirability, of ensuring that the cept that they will not participate Mother Lode British Colonial Empire should re-in the Trust dividend to be de- Balacot ceive a fair share of any increaseclared about May next in respect

Batong Buhay in the home demand for sugar of the year 1936. - would be borne in mind.

An additional 30,375 new shares Universal Expl,

20-13/16 201

34% 101

Closing Quotations

March 11, 1837.

ON NEW YORK:-

4.88 9/16 28,99

20 7/16 20'7/16

34% 1017.

Bank Bills, on demand 30 3/16 Credits, 80 days' sight. 30 9/16

Chief Manager.

Poiping

Lumpur Shanghai London Singapore

Suurabaya

Foochow Matacos Sungei

Patani

Haiphong Manila

Hamburg Muar - Tientsin Hankow (Johore) Tokyo Harbia Mukden Tringtas Hongkew New York Yokohama

FOREIGN EXCHANGE and General Banking Business transacted,

CURRENT ACCOUNTS opened", Bor FIXED DEPosirs received for Da Year or shorter periods at rater which will be quoted on applica: tion.

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

A. BREARLEY,

Current Accounts opened in Local Currency and Fixed Deposits received for one 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, 1st March, 1937.

HONG KONG SAVINGS BANK

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

For the Hare KONG & BRANQUAI BANKING CORPORATION. "

V. M. GRAYBURN,

Chief Manager. Hong Kong, 1st March 1937.

THE AMERICAN EXPRESS CO INC.

Incorporated with Limited Liability in 0.9.A.

Manager.

THE CRASE BANK

QUEEN'S ROAD CENTRAL

HEAD OFFICE:

18, PINE STREET,

NEW YORK.

An American Bank offering com. plate Foreign Banking Bervice to the principal Markets of the

world. Interest Bates on Application.

SAFE DEPOSIT BOXES

This Bank is entirely owned, by Tux QHABE NATIONAL BANE, Nuw Yoas, with Resources over U.S. $2,027,000,000,00

D. M. BIGGAE,

Manager,

THE YOKOHAMA SPECIE BANK

AMITED

Capital (fully paid up)

Reserve Fund....

Yen 100,000,000 00 Yen 132,650,000.00

HEAD OFFICE:--YOKOHAMA

BRANCHER AND AGENCIES AT : Alexandria Honolulu Rangdon Bangkok Hsinking Rio do Batavia Karachi

sasiro

Kobe London.

San

Francisco

Los Angeles Seattle

Manila Semarang

Head Office: 8 Broadway, NEW YORK Berlin

Bombay Capital

U.B.86,000,000,00 Calcutta U.6.82,240,344.38 Canton U.8.9 897,819.65 | Dàirea Moji S Shanghai Amsterdam The Hague Montreux

(Daloy) Nagasaki Singapore

Telegraphic Transfor... 11/2. Bank Bills, on demand Credits, four months'

7/32

ON BATAVIA:

On demand

.......... 543

sight

ifa 1/32

O PARIS

Bank Bille, on demand 661 Oradita, month's sight 7:0

Surplus román Reserves.....

101.

ON SAIGON:

OR SINGAPORE:-

On demand

051

Antwerp

594

ON MANILA:-

Athens

On demand................00 3/16

Basle

OB JAPAN:-

ON BANGKOK:-

On demand

100

Berlin

On demand

149%

ON INDIA:

Bank Buying

Bombay Brussels

Bank on demand.................

Telegraphic Transfor... EX

BAR SILVER, per œu

- 1/23/72] Cairo

50 7/16

Cálcutta Cannes

SOVEREIGNS

Bate

PHILIPPINE MINING

NEWS

as

Hamburg Munich Havana Naples Havre Nice Heidelberg Paris Intertaken Peiping. Jerusalem Piracu Liverpool Rome

. London Rotterdam Lugano Shanghai

Colombo Lucerne Singapore

(Mukden) New York Byday

Fengtien

Nagoy's

Sperabaya

Tientsin

Tokyo

Taipatao

Hamburg Otska

Hankow Diari

Harbin

Patia

Hong KongPiping Vinkow

Interest allowed on Current Ac- Dounts.

Fixed Deposita received for Perioda at rater to be obtained on

Y. KANO,

Manager:

Copenhagen Luxor Southampton application,

Manila Tientsin

Dublin

Edinburgh Marseilles Venice Florence Milan. Vienas

Сепеть Mont

Yokohama

Genoa

Carlo Zurich Glasgow Montreal

Company in Principal Cities of | United States of America and. Ganade

Mineral Resources, Inc.; will the Labo development,' and is in Branches of American "Express have a flotation mill with an initial capacity of from 100 to 150 tons a day in operation within six months, the annual reports, re- |leased last week, reveals.

charge of H. E. Helde, superin: tendent, with Mr. Lednicky chief engineer and general super- intendent of the company.

All classes of Commercial Bank ing Transactions undertaken.

Personal investment Bocounta

The power plant for this mill 15opment work has been done on the handled.

or its way to Manila and should be installed within the next 90- days, the report states. Erection of the building for the mill will be started in the near future.

t.

This mill will be installed on the Marinduque property of Mineral Resources, Located between the towns of Torrijos and Sarita Cruz, B.. p.m.

Houses and offices Marinduque. .009 .009 211 .215 are being built to take care of the .14 145 mining and milling staffs..

.085

17

.17

.254 .28

271

21

.084

121

.12

Paracale Gold

25

.001

.02

.255 .065 021 .35 ·35·

000.

The House also might be assured of £i will also be created to bring that the agreement involving the the nominal capital of the Trust Mines. regulation of exports of British up to the round figure of £2,750.- colonies would be appiled to them. unless it also covered all countries whose production de important

Bued

29 ~29

Dayaka

.25

255

201

Mambulao North Mindanao Byndicate Invest

42

A

.12

Ung. $12.12

for the world market.

colonial producers would be avail- Development Inc.

Mr. Ormany Gore also stated he able for consultation with the Bri-Tinago had arranged that a committee of tish delegation to the conference. Sta Rosa representatives of the principal | British Wireless,

Ung.

205

LEDNICKY REPORT

A report on the Marinduque pro- perty by Y. E. Lednicky, chief engi- peer for Mineral Resources, stater that approximately 150.000 tons of ore, are available for stoping The average. of samples taken in one section of the ares, after high as- says had been rejected, was 6,1 per cent combined lead and zinc with $2.97 in gold (at $20.67 per ounce), Ore in the other body is expected to be well above average grade.

.19

Mineral Resources is working a second property in Camarines Nor,

•

Hong Kong, 10th March, 1937.

BANK OF EAST ASIA, LIMITED.

Authorised Capital L10,000,000.00 Paid-up Capital 5,628.500.00 Reserve and Undivided

Profte

A considerable amount of devel-

Labo group. Results have been encouraging Each zone is strong- travellers the use of its ratelet No. 10; Des Vauz Road, Central

The Company offers to intending

Cheques

a" and Letters of Credit ly mineralized with characteristic deep-seated minerals, and ore, bu- and, in addition the world wide services of its thoroughly equipped. dles can be expected to continue Travel Department.

E. W. DUGGAN, with depth. Assays show that gold

Manager. values are continuing downward,

SHAFT STARTED

A 400-foot three-compartment main operating shaft has been started on the Labo "group, and work is being pushed as rapidly as possible, with new equipment to be installed within 90 days.

the

GREEN ISLAND

CEMENTS

HEAD OFFIC:-Hong Konɑ:

Boar of Directors >.

Sir Shouson Chow, Chairman LiFone Chục. Bà Liunfing Hea P. E. Kwak, Wong YunTons WresCanton, Ban Chan Ching Shek. Esq.

Esq. Kim Ying Po, Esq

Kan Tong PoE, Chief Manager. Li Tee Fong, Esq., Manager.

Amoy Babey

a

Onalas

The balance at credit of Front Br and Loss Account for the year ended December 31, 1936, including g the sum of $22.952.27 brought for- ward from the preceding year. Robe amounted to $66.989.12.

After transferring an amount of

Branches and Aĝencies ¡---

Zeshk Kowloon

Loodgo

BOCESORTS

Rangon

dwnlow

MANILA Balgow

Kem. Tork - Seattleya gakres

Bang THECOGTER

Yokohama

Palping Singapore

t.

in

in making the annual report, 8. Cachea, president, states that treat care has been exercised in

Every description of Banking expenditure of the company's money. A great deal has been ac- $4.583.17 to General Reserve in and Exchange business tradzgoted. on approved complished with what has been order to bring same up to $950.000, Loans granted on

szóurítima

Gurrant Accounts opened spent, he reports. He concludes the sum of $52,406 remains, which

report with the statement the Board will recommend at the ow that we feel sure that we forthcoming annual general meet Local Currency and Fixed De mine in both places (1.eing be carried forward to the cur-poits received for one year or thorter periode in Lgeal and Marinduque and Labo) we wish to rent year. A

Foreign Currencies on terms which The annual meeting will be held will be quoted on application. go ahead as fast as possible during

at the omees of the Company, Ex-

Hale Deposit Boxes To Let. the year 1937, hoping to have both

KANTONG POR change Building, at 11.30 am on March 31, next,

Ohief Manages.

bave

071 OBB te," Hear the Paracale-Mambulao projects under production before Blendler Easy district. This property is known as the next annual meeting”.