1937-03-18 — Page 12

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G. Miskin, Esq.,

M. T. Johnson, Esq.,

Deputy Chairman,

J. K. Bousfeld, Esq., A. H. Compton, Esq., Hon. Mr. S. H. Dodwell, J. R. Masson, Esq.,

K. S Morrison, Esq.,

Hon. Mr. J. J. Putarman,

T. E Pearce, Esq.,

A. L. Shields, Esq.,

V. M. Grayburn, Esq.,

Chief Manager.

Branches:

Iloilo

Peiping Penang Ranguon Saigon

San Fran

cisco

HAMBURG PEIPING

YOKOHAMA

HANKOW (Peking) LAMBOANGA

HARBIN **PENANG HONG KONG RANGOON

FOREIGN EXCHANGE and General Banking Business transacted.

QURRENT ACCOUNTS opened and FIXED DEPOSITS received for On" Year or shorter periods at ratos which will be quoted on applica tion..

£1154

216)

£331

Bo. (Lpadon) Chartered Banks ... Mercantile Eks, "A"

31,750

21151

Sta

£33

£16

"0"

Bank of East Asim........

180

N, O. &. Barks ....

Insurances

Antamoks....

Atoka

3318

+330

1630

630

€1.05

Canton insaÁPISOM,

#315

Union InsurLÓN (

Underwriters

1835

Baguio Gold

*་

H.K. Fires...

$208

Benguet Explor

Unquoted

|International Ans09, 5,

Shipping

Big Wedge"...

26" 98

205

$35

Douglass ................. 138

Coco Grove

་་

$100

Steamboats

3103

Consol Mines

040

1040 1011

.039

DAILY SHARE QUOTATIONS Hong Kong Stock

Bayou

Belless

188

Exchange

Sharebrokers'

Association

WEDNESDAY. MARCH. 17.

Seller Buyers

talegia.

Banks

$1660 HK. Banks

HONG KONG DAILY PRESS. THURSDAY, MARCH 18, 1937.

H. K. STOCK EXCHANGE

AND

H. K. SHAREBROKERS' ASSOCIATION

Philippine Gold Mining Quotations

BANKS

HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA

BANKING CORPORATION

Authorised Capital $50,000,000

Issued

Fully Faid-Up $20,000,000

Reserve Funds:

Sterling

Hong Kong Currency

Reserve.co

Reserve Liability of

Proprietors

£6,500,000

AUSTRALIA AND CHINA Incorporated by Royal Charter, 1989,

HEAD OFFICE: LONDON...

Peld-up Capital..

$10,000,000 | Reserve Fund

Reserve Liability of Pro-

prietora...

· 23.000.000 £3.000.000

£3.000.000

BAIGON

Agencies and Branches:- ALOR STAB ILOILO AMRITSAR BANGKOK

18th Mar Closing Rate

17th March, 1937 Time Received

clos.

cloe.

9.45 9.48

9.54 10.00 10:20 10.49 10,54 11.09

2.40

2.54 13.06 -3,91 - 3.43

.#20,000,000

Head Office:-HONG KONG

IPOR"

SEMARANG

Board of Directors,

KARACHI

KEREMBAN

1.45

1.40 1.43

40 +9 -404

Chairman.

264

BATAVIA BOMBAY CALCUTTA

KLANG Kon

SHANGHAI

BINGAPORE

KUALA

SITIAWAN

Benguet Consol

... 13.75 -13.75 13.75

13.75

CANTON CAWNPORZ

COUN

LUMPOR

40DRABAYA

KUCHING

TAIPING

MADRAN

TIENTSIN

COLOMBO DELHI

MANILA

TONGKAR

MEDAN

(Bhuket)

HAIPHONG

NEW YORK

TSINGTAO

.040

.041

$35

Endos (pret.).***

$36

Da (def.) som

Demonstrations

87 90 83

*38

148/1

nelle saat 000

148/11

E. Mindanao

32)

311

32+

$10

Waterboata

$10

G. Goldfields

261 241

Mining

10/8

Kailan

Itogons

1:35 1.35 1.40

91/.

$12.85

Raube

I. X. L.

1.40 1.33 1.10

$13.40

Bad

Venezuela Gold Flds. 16

好處:

Masbates

J2)

410

434

Docks, WharVOS,

Min. Resources'.

36 37.

Godowns, etc.

Northern Mining

13 19h

13+

$2.10 14.20

FILA $2.15/

il.K. & E. Warves.

$112

Paracale Gumaus

163

Providents (old). ... 3217) $122) $0.20/ |||

San Mauricio

2.83 2.55 2.70 2.60

20 ct

Do.

(now) 20 p

$30,

#201

H.K. & W. Docks

$30

New Engineerings.

936

} {is

116

Shanghai Lands...S..

Metropolitan Lands..

H.K. Itealties.........

Chính Đức

100

Do. Dobontureas.

Humphreys .................

3T0

Chinca Estates..................

Cotton "Mil

$10 $115 190

Ewo........

S. $10.40 o d

3116

S'kah Cottons(old)S.;

$115,

Do. (now).

131

Zoong Sings... S.

19, 530

$44

Shanguai Docka S.

Lands, Hotels, and Buildings

H.K. Hotels

H.K Landa.........Ď..

Do. 4% Debentures $12)

3 M

Suyoc Consol

38 40

384 30

***

$101

United Paracales

11 8 8

1 } 「 # ། | | │ ཏཱཾ

| ཨཱུ ། 「 | ༈ g|

1.40

1-1

1.40.

Amoy

༄།༣།

Bangkok

Ipoh

Batavia

Jokote

Bombay

Kobe.

Calcutta

Kowloon

Canton

Kuala

40.

42)

428

Chefoo

...3

Colombo Dairen

London

Market Comment,

Foochow

♦

S $ S ♦ $

$ ន

Haiphong Manila

1470/1

188

14.35/40

58/59

$1.10

830,15

(new)

$13

China Buses.......

Tractions

26/8

....

25/

13,0,100

Do.. (pref.)...... Industriala $18 Caldbeck, jord.). Macgregoraiprof.).

Canton Ices Comenta

$1,70

H.K. Lands, $35.

$4.00 $41

Rupes

913,88, $14,20 13.85/|14.10

$1.60/2

127

e d

...

H. K. STOCK

EXCHANGE

YESTERDAY'S

OFFICIAL QUOTATIONS

The strength in the market is being well maintained. "quotations generally show further galns, and closes with a strong undertone.

The Manila market also shows signs of being steading.

BUYERS

Bank of East Asia, 385. Canton Ins., $315.

Union Ins., $630.

Uncerwriters, $1.10.

H.K. Fire Ina.. $207)...

Douglases. $36

H.K. Wharves, $113j. H.K. Docks, $31..

Providents (Old), -$2.10.

Providents (New), 20 cts,

Raubs, $12.85..

H.K. Hotels, $7.15

Copenhagen

Stockholm

Shanghal

New York

Brussels

LONDON EXCHANGE RATES

(British Wireless Service)

10.85 330

6.9.95

$14

148

$41

188

314.35

14271

21.30 158)

$39.10

$300

312.10

$12.30

· EFE:3E d11 བྷིཏྟི ཚིཙྪ } ཀཽཎྜ

05.

10.25 ($7.15

c d

$14.60

Wing On Textiles(S.) 352

Public Utilities

Tramways ***** Poak Trams (old).....]

Do.

(new)...

Star Ferries......... $88 Yaumati Ferries 3201 China Lights (old)... 14,35)

***

Du. (Dew)...

H.K. Electrica

Macso do.

་་་***

111,30| Sandakan Lights ....

Telephones (old)

༈ རེདིཏྟཾ ༔ བྷུཊྛིཾ, Zi ཝི་ྗ

45 ct.

Miscellaneous

Dairy Farms ....... Ch. E'tainment. $4,3 Constructions, (old);

'I Do.

(new)

Lane Crawforda....

037

Nanyang Tobacco.. 17

Sincores.................... - $9₤

Watsons

**** 18.10

S. O. Enterprises

98%,

CL.G.5% 1925G.JBdr.

21%

prem.

H.K. Govt. 4% Loane!

pr. m. 1

Do. 31%

$60.

Wallace Harper......

ALK Wing Go

S'hai

Vibro Piling

*Sales to Shanghai.

$5.00

17jota.

H.K. Trams, $15.

Peak Trams (Old). $41.

Star Ferries, $88), .. Y. Ferries, $254.

China Lights (Old). $14.60. China Lights (New), $11j. . HK. Electrics, $584.·' Sandakan Lights. $114. Telephones (Old), $304.

$5.10/20

Telephones (New). 5121.

Cements, $14).

B5%

*108

Dairy Farms, $27.

1101

Watsons, $51.

Lane, Crawfords, $73.

PHILIPPINE MINING

NEWS

serves, so that the ore supply was not diminished.

Exploration work is being push- ed as rapidly as possible, W. T. Graham, general superintendent. reports. Outlying areas of the Baguto Gold property, not in pro- duction at the present, will be in- vestigated during 1937.

The Bagulo Gold Mining Com- pany was never in better financial condition than at the present, P. A. Meyer, president, states in the an- nual report. The company paid its second dividend in December, 1936 (the first was declared in De- cember, 1934), and as of December 31, 1930 had a surplus of P95,072-

The annual meeting of stock- Thurs- bolders will be held on Baguio Gold treated 62,792 tons day. March 18, at the American of ore in 1936 with an average re- Chamber of Commerce in Manila covery of P16.83 per ton, an ex- at 3 p.m. Directors of the com- traction of 92.57 per cent. Bullion pany are P. A. Meyer, president; shipments brought in P1,054.561:65. Ct. 6. Davis Winship, first vice- Ore reserves as of December 31 Dsident, 8. F. Unches, second 1938, were 118,050 tons valued at vice-president; J. B.. Hoover, trea- P2,186,819, Tonnage mined dur- surer: E. A. Perkins, W. 8. Price. I

Wm. Schober. Paul ing the year was practically the and same as that blocked out in re-i Whitacre is secretary.

REICHSMARK RATES

Berlin, March 16. The Reichsmark was quoted. without guarantee, at:-

New York,

Pazie

Amsterdam, low

SİNGAPORE RAW RUBBER

Ewo Cottons, Sh.$15.60. S'hal Cottons (Old), Sb.$115. S'hal Cottons (New), Sh.$90. Entertainments. $41. Constructions (New), 421 cts. Govt. 4% Loan, 84% Prem, Vibro Piling, $7.00.

SELLERS H.K. Banks, $1,860. H.K. Lands, $364. H.K. Realties, $51. Dairy Farms, $274,

SALES

H... Banks, $1.855/1.8571.. Union Ins, $630. H.K. Wharves, $114. Providents (Old), $2.29. Rauba, $12.85.

H.K. Hotels, $7/7.10. H.K. Lands, $30. HK. Trams. $144/15. Star Ferries. $881/89. 'China Lights (Old), $14.40/.55.

HK, Electrica, $584/.58. Telephones (Old), $304, ЯK. Ropes, $45, Dairy Farms, $271. Watsona, $54. Constructions (New), 45 cts. Paracale Gumaus. $1.051. Govt. 4% Loan, 81% Prem.

LARGEST RAYON

FACTORY IN CHINA

China will have its largest rayon factory at Wusih, Kiangsu, next January. It is learned from B. h. JOSEPH & CO.

the Ministry of Industries: Cap- italized at $4,000,000 by Wusih silk. Hong Kong, Mar 17, Menara H. B. Joseph & Co., re-industrialists, the factory will, how ceived the following quotations ever, be placed under the control from Singapore in Straits Currency of the Ministry. The daily out- for Raw Rubber g

put of artificial silk is estimated to be three tons.

..40.225 ......877 73.58

Amsterdam, high

....73.62

London.

12.146

Paris sterling, 'low

.106.40

Spot

Parts sterling, high

106.43

«US, dollar, low

23.774

July-Sept.

US dollar, high

(21:779

Transocean #ews Hervies.

Oct-Dec. Market-Firm,

Buyers

401 Op 2 .41 Up-11 414 Up 17 411 Up 21

April-June

It is also reported that another rayon factory will shortly be estab- lished in Shanghai jointly by the Shanghai Silk Industrial Associa- tion and the banking circles there,

ון

Paris"

Geneva

Berlin

Athens

Milan

March 16

March 15. 106-13/32

21.46

108-25/84 21.45

12.144

92-13/16

12.15

4.8819/32

4.8821/32 8.941

Amsterdam

Vienna

Prague

Madrid

Lisbon

Hong Kong

Bombay

Montreal'

4.881

29.00

.4.881

20.01)

Yokohama

Belgrade

Monte Video

RIO

Bucharest

"Sliver (Forward)

Silver (Spot)

War Loan

ON LONDON:

201

207

31% 2011

34% 1013

Closing Quotations

March 17, 1937,

Telegraphic Transfer:..

11/2 Bank Bills, on demand 27/32 Credits four months'

sight

1/3 1/22

ON SHANGHAL:-

On Demand

ON SINGAPORE:-

On demand

On JAPAN:-

! ON NEW YORK:-

Bank Bills, on demand 30 8/18 Credits, 60 days' night. 30 9/16 ON BATAVIA

On demand............ Chr Piais:

54.

Bank Bills, on demand 655 Oredits, 4 month's sight 800 ON SAIGON:-

101

On demand

52$

ON MANILA:-

On demand

106

OX BANGKOK :-

Bank, ou demand.............

Telegraphic Transfer... | 914"

On demand

ON INDIA:-

On demand SOVERCIONS

Rate

Bank Baying

BAN SILVER, per on

C品質

60 3/10

1407

Lumpur Shanghai

Singapore Lyons Sourabaya Malacos Sungei

Patani Tientsin

Hamburg Muar

Hankow

(Jobare) Tokyo

Harbin . Mukden Tsingtao Hongkew New York Yokohama

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

A BREARLEY,

Manager.

Current Accounts opened Local Currency and Fixed Deposits ( received for one year or shorter 14, 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 RANK

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

For the HONG KONG & SHANGHAI

BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong. 1st March, 1937.

BANK OF EAST ASIA, LAITED.

Authorised Ospital ...$10,000,000,00 Paid-up Capital ... 6,598.800.00 Reserve and Undivided

Profits

9,885,395.59

HD Orric-Hona Koro No. 10, Des Vaux Road, Central

Board of Directors ?

Sir Shouson Chow, Chairman

Li Koon Chun, Esq. Li Lan Bang, Esq. P. & Kwok, Esq. WongChuSon, Esq. Wong Yun Tong, aq. Kas Ying Fu, Esq. Chan Ching Shek, Esq.

Kan Toug Po, Baq., Chief Manager, La Tre Fong, Esq., Manager.

1/231/72 Batavia £0}}

Gaumont-British Negotiations

Branches and Agencies;—

THE CHASE BANK

QUEEN'S ROAD CENTRAL

HEAD OFFICE::

18, PINK STREET,

NEW YORK.

An American Bank offering com

plete Foreign Banking Servios in the principal Markets of the world, Interest Rates on Application.

SAFE DEPOSIT BOXES

This Bank is entirely owned by

THE GUASH NATIONAL BANK, Naw YORK, with Resources over U.S. $9,027,000,000.00

D. M. BIGGAR,

Manager.

THE TOKOHAMA SPECIE BANK

LIMITED

Capital (fully paid up)

Reserve Fund

Yen 100,000,000 00 Yen 132,050,000.00

HEAD OFFICE-YOKOHAMA

BRANCHES. AND AGENCIES AT: Alexandria Honolulu Rangoon Bangkok sinking Rio do Batavia

Janeiro San

Francisco

Berlin Bombay Calcutta

Canton

Karachi Kobe

London

Los AngelesSeattle Manila Semarang Shanghai

Dairen Moji

(Dalny) Nagaiaki Singapore Fengtion Nagoya Soerabaya

(Mukden) New York Sydney

Hamburg Osaka

Hankow Qtaru

'Harbin

Paris

Tientsin Tokyo

Tsingtao

Hong KongPeiping Yinkow

Interest allowed on Current A. counts.

Amey

Bombay

Fazantz Kowloon Londen

Вортуй

Reardon

Manila

Baigon

Sysday

Calcotia

Melbourne" Bas Prane

Talhoku

sla

Tientela

Walphong

Hankow

Honolula

New York Beachle

Parie

Tokre

Deposits received for Fixed Periods at rates to be obtained on

Beco

Vancouver

Ebangh

Yakobama

Kobe

Pelping

Blogspore

Y. KANO,

Manager.

application.

Every description of Banking Hong Kong, 10th March, 1937. and Exchange business transacted. Coazi granted securities.

Current Accounta

approved

opened a GERMAN RECOVERY

FROM DEPRESSION

tlon's contracts with existing play- Local Currency and Fixed De ers and film directors, Hlability un-posits received for one year or der which amounts to about £100.-shorter periods in Local and 000, and to work, them out either Foreign Currencies on terms which at the Gainsborough, studios at will be quoted on application, Islington, or, the new Pinewood Aafe spósit Boise To Let. KAN TONG PO, studios at Iver, Bucks.

Chef Manayees.

Negotiations affecting the fate of - I understand that Mr. Woolf is the Gaumont-British Corporation's willing to take over the Corpora- production activities are being continued, states the "Daily Tele- graph's" film correspondent. No decision was reached, as the fol- lowing official statement indicates: The Board are well aware of the pubile interest in the future of the Corporation, which has played so prominent a part in the history of British film pro- duction and exhibition.

Mr. Woolf would also undertake distribution, and guarantee a sub- stantial sum against each picture, It is stated that the Gaumont Their first duty, however, is to British directors representing their shareholders, and any pre-American interests are agairist mature statement from the abandoning the Corporation's 'aç- Board must prejudice the de

tivities as producers. licate and complex negotiations which they are conducting with the single object of strengthen- ing the Corporation's trading position.

All that can be said. at this stage is that, a proposal is un- der examination which will a5- sure the Corporation a sub- stantial revenue on the produc- flon side, while leaving it free to develop its prosperous thea- tre interests. ***

A further meeting of the Board will take place and if it results in any final decision a statement will be issued forthwith."

"ME. C. M. WOOLF'S OFFER The offer which is having most serious consideration is one from Mr. C. M. Woolf and his associates, to which I referred recently.

British Commercial Agent At Burgos

EXTRA MANILA CLOSING QUOTATIONS

Hong Kong MB 17 Extra. Mantia closing quotations gures kindly supplied by Mesara, Ellls and Edgar.

Associated Mines Acoje Mining 'Angélo

The presence at Burgos of Mr. A. Ipo Gold J. Pack, Commercial Secretary of Gold River the British Embassy to Spain, Mother Lode: which is now at Hendaye, has Patacale Gold beer omcially, confirmed.

Balacot

Berlin, March 16.

An indication of the rapid re- covery Germany is making from the world economie", depression was given in a speech, made in the Deutschebank to-day by Dr. Mosner.

He said that it was generally known that the German banking system collapsed in 1981 when the immediate repayment of short term. credita" was demanded,

The Government came to the rescue of the banks but as a.m.. p.m. security for the sums advanced 2009 2009. shares had to be deposited" with the Gold Discount Bank, which was really one department of the Reich, Bank

201 216

.15 *.15

Dalong w

171 .178

Gold: Creek

241

245

.08

121

1.125 .265

0807 021 351 .355

43325 25

.193.

25 195

22$

Official circles Inalat that this Batong Buhay does not imply a recognition of the Universal Expl. government of GenFrancisco | Bued Franco, but do consider that it will Dayaka, give importance to the commercial Crown Mines, exchanges, between Great Britain Mambula and nationalist, Spain. Following Byndicate Invest. the suspension of the sinking funds Tinago between the two countries, an ex- Santa Rosa change of views had become neces- Mine. Operations, sary, they savert-Havar.

021

The Deutschebank at that time had had to deposit nearly 50 million marks worth of its own shares" and this for a time. actually became the property of

the Reich Government.

In the last few months, how- ever, these have been re-purchas- ed so that to-day not a single share remains in the hands of the Government, this being in keepitig with the principles of National Socialism, namely, that all private capital should be utilized so

1937-03-18 — Page 12

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