1937-03-19 — Page 12

Daily Press 孖剌西報 All

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Sharebrokers' Association

THURSDAY.

露比中路排

Bellera

Sales Nominal:

Buyers

Balea Agalos

MARCH, 18,

Banka

$316 $630

H.K. Banks

Plo, (London) ....... Chartered Banks....

Mercantile Bks. “A'

Do.

Bank of East Axia...

"O

$1,285,00

ยง

21301

£16 £33

8151

186

HONG KONG DAILY PRESS, FRIDAY, MARCH 19, 1937,

H. K. STOCK EXCHANGE

AND

H. K. SHAREBROKERS' ASSOCIATION

Philippine Gold Mining Quotations

Benguet Explor

Big Wedge ...

13.75 13.50x.d. 13,78

ཆུ་ཆ

1

1.45.

44

351

#1 860|| 1,855/1,8071

£1104

£18

2331

17th Mar.

Closing Rated

18th March, 1937 Time Received

B. S.

clòs. 9.46 0.46 0.34 10.02 10.10 10.31 10.30 11.08

2.35

2,50

3.05

cloe. 3.20 3.44

£15!

N, C. & S. Banka ...

$2,1

Antamoks ....

Insurances

Atoks

1.45 1.40 1.45

49 41 44.

Canton Lusurmaaes, #315

1830/6 32.

Union Insurance ...

$830

Baguio Gold

$€ 28 27

$1.15

Underwriters

$1

Benguet Consol

71

$296

H.K. Find

$290

ITT

.15

16

11

International Assoo, o.

27

27 29

Shipping

$36

Douglases irrati

$35!

Coco Grove

B1

81

310)

Steamboate

$104

Consol Mines

.041

.011

.049

#35

indos (prot) ******

$35

336

Do. (det.)......................

Demonstrations

90

90

97

$36

137/6

Sheila, umaga.

137/6

E. Mindanao

331

33

30

10

Waterbosta

$10

G. Goldfields

25

25

Mining

Itogons

1.40 1.40 1.45

20/6

$12.86

112.85

$13.4)

LXL

1.40

2.45

1.45

18

Masbates

***

420

42+

Min. Resources

37

Unquoted 364

Northern Mining.... 13

12 13

#113

:

Paracate Gumaus

.85

64 75

85

86

2.1 4730

San Mauricio

2.03

2.65 9.76

2.70

9.75

(new)

190 ata.

#317

Suyoo Consol

43

44

44

441

+

$104

United Paracales

97

95 98

07

90

971

***

$3

Market Comment.

3

F

$

S

S

Q S

S S S -S

V.F.

$7.18 $7.38

173

.$38

H. K. STOCK

$114

$11a

$1.10 1.30 $2.201}

20 ot.

#31

1

#31

1103 131

***

7/7,10 $38

Kailang

Raubs ...

Venezuels Gold Fid

Docks, Wharval,

Godowns, etc.

H.K. & K. Wharton. Providents (cld!"... $2}

Do.

H.K & W. Docks Shangnai Docks S New Engineerings5. Lands. Holeis, and Kui dings

H.K Landa.......... 138

Du. 4% Debentures #102) Shanghai Lards....

Metropolitan Landa...

H.K. Kusities......6.65

Humphreys,............. 381

Cotton Milla

Ewo...........8.112.40 à d

S'hai Cottons(ald)S.

H.K. Hotela

***

-0101

(LOW)...

Wing On Textiles(S.) 52

Pablic Utilit

Tramways..

Pork Trama (old) ........

Da

Star Ferries

Yaumati Forries ...$26.90

China Lights (old)...) 4

;; ;

"1'-

$118

$80

$30

$15

2

1881 231/161

11.00/811

317

43

LI

1.45

43)

38

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital

...... $50,000,000

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

Sterling

Hong Kong Currency

Reserve..

Reserve Liability of

£ 8,500,000

THE CHARTERED BANK OF INDIA

AUSTRALIA AND CHINA. Incorporated by Royal Charter, 1951

HEAD OFFICE: LONDON.

Paid-up Caplen). $10,000,000 | Reserve Fund

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

Head Office: HONG KONG

Board of Directors.

G. Miskin, Esq.,

M. T. J

Chairman.

Esq.. Johnson

Deputy Chairman,

J. K. Boushield, Esq.,

A. H. Compton, Esq.,

Hon. Mr. S. H. Dodwell,

J. R. MASSON, E

K. S. Morrison,

Hon. Mr. J. J. Paterson,

T. E. Pearce, Esq...

A. L Shields, Esq.

V. M. Grayburn, Esq.,

Chief Manager.

Branches:-

Iloilo.. Peiping

Penang

Saigon

Amoy

Bangkok

13}

Batavia

Ipoh Johore

Rangoon

Bombay

Kabe

Calcutta

Kowloon

San Fran-

2.80

Canton

Kuala

cisco

Chefoo

London

Lyons

LONDON EXCHANGE RATES

"(British Wireless Service)

EXCHANGE

YESTERDAY'S

OFFICIAL QUOTATIONS

The afternoon call-over revealed

a further brisk market with sales reported at advancing rates.

The Manila market opened firm and remained steady throughout the day.

BUYERS

Bank of East Asia, $85.

Canton, Insurances, $315,

Stockholm.

New York

$36

#105

116

316

35?

15.85 $5.80

·

34

China Do

180

Do. Debenturess.

19

$78

Chinese bates too......

$16.87 1115 -100

Iko.

news.

331

Zoong Singe S.

***

315.30]

|143/16|| ...

$i+

$88

881/80

$14.70

14.40/./35

$11.70

11.70

Do.

(new)...

15

584/1

H.K: Electrica. BOS

Union Insurances, $630.

$20

Macao do.

Sila

$301

$30)

Telephones" (old)

830.16)

3801

Douglases, $36.

Do.

(LOW)

819

HK, Wharves, $114.

301 27/0

China Buses...........

H.K. Docks. $31.

Tractiona

25/6

Do. (pref.)....!

Industriala

$181

Caldbeck, Ford.) 8.

$17

Macgregora (pref.)8.

H.K. Lands, $30.

$2

Canton Ices...

#1.70

$14

$11

H.K, Realties, $54...

$41

| 141/60]

3272 1:3271

$27

$1.60

#

Sandakan Lights...

tements. *2462key

Корев

Miscellaneous

Dales Farme****..

Ch. E'tingents................. $1

Constructions, (old)

Lane Crawfords.... 37.80. Nanyang Tobacco.. 27

Binceres

Do.

(now)

HK. Fire. $295

Providents (Old), $2.30.

Providents (New). 20 cts.

Raubs. $12.85.

H.K. Hotels, $7.30.

H.K. Trams. $15.30.

Peak Trams (Old), 541.

Star Ferries, $831.

Y. Ferries, $231.

China Lights (Old), $14.95.

China Lights (New), $11.70. H.K. Electrics, $581. Sandakan Lights, $11). Telephones (Old), $30. Telephones (New), $124.

March 16

106-25/64

21.45

12.14}

March 17 106-17/32 21.45 12.15

92-13/16

62-13/16

1/2-17/32

4.8821/32 8.941

4.88)

8.931

1401

Farls

Genera Berlin

Athens

Milan

Copenhagen

Shanghal

Amsterdam

Vienna

Frague

Madrid

Lisbon

Hong Kong

Bombay

Montreal

4.881

4.881

Brussels

29.011

29.01

Yokohama

Belgrade

Monte Video

Flo

Bucharest

Silver (Forward)

Silver (Spot)..

War Loan

On LONDON:-~

20%

20-15/16

201

20-15/16

34% 1011

34% 102

Closing Quotations

March 18, 1837.

ON NEW YORK:-

Bank Bills, on demand 30 3/16 Oredita, 60 days' sight. 30 9/16 ON BATAVIA:-

Tolagraphic Transfer... 11 A Bank Bills, on demand 27/32 Credits. four months*

MON sight...

ON BHANGHAI

On Demand

. On demand PARIS-

047

Bank Bills, on demand 668 Credita, 4 month's sight 100

17 ota.

321

122

....."1/3 1/32

$51

Watsons somer.

36.60

B. C. Enterprises...

AL

96%

Ch.G. 51928 0.9 Bds.

By

HK. Ropes, $44.

101

ON SAIGON:

prec. 81%

*108

Watsons, $5.80.

ON BINGAPORN-

On demand

prem. 14%

Do.

2101

Lane, Crawfords, $81.

Ewo Cottona, 8h.$14.40.

On demand On JAPAN:

528

OF MANILA:-

Oo demand

360

166

S'hai Cottons, (Old), Sh$118,

ghai

On. demand

100

ON BANGKOK".

374

17

S'hai Cottons (New), Sh. $93.

$7

ON INDIA:

stž

Constructions (New), 45 cts.

SELLERS

H.K. Banks, $1,800.

Lumpur Shanghai Colombo

Singapore Dairon

Sourabaya Foochow Maincoa Sungei

Haiphong Manila Patani Hamburg Muar Tientsin Hankow (Johore) Tokyo Harbin Mukden Tsingtao Hongkow New York Yokohama

Accounts opened

Recurve Liability of Pro-

prietors....

---• £3.000.000

£1.000.000

£3.000.000

Agencies and Branchei¿–

BAIGON

BEMCLEANG

ALOR STAR ILOILO AMBITSAR RPOR

BANGKOK BATAY I'A

BOMBAY

NALOUTTA

CANTON

KARACHI

MADRAS

CAWNFORE KUCHING CKSU COLOMBO MANILA

SHANGHAI

SINGAPORMA

HITIAWAN.

KLANG

KONE

KUALA

LUMPUR

BOUKAKAYA

TALPING

TIENTSIN

TONGEAR

DELN1

MEDAN

(Bhuket)

HAIPHONG

NEW YORK

TSINGTAO

HAMBURG

PRIFING

HANKOW

(Peking)

PERTANG

KARSIN

HONG KONG RANGOON”

YOKOHAMA

AMBOANGA

FOREIGN EXCHANG and Genéral Banking Business transacted,

CURRENT ACCOUNTS opened and FIXED DEPOBITS received for Qu Year or shorter periods at rster which will be quoted on applica tion.

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

A. BREARLEY,

Manager.

in

4

Current Local Currency and Fixed Deposits received for one year or shorter perioda in Local Currency and 15, Sterling on terms which will be quoted on application.

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

HONG KONG SAVINGS BANK

T

HE Business of the above Bank is conducted by the BONG KONG & BHANGHAI BANKING CORPORATION. Rules 'may be obtained on application.

For the Hong KonG & SHANGHAI

Banking CoaPORATION.

V. M.. GRAYBURN,

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

BANK OF EAST ASIA, LIMITED.

Authorised Capital ...$10,000,000.00 Paid-up Capital .................... 5,506,600.00 Reserve and Undivided

Profits.................. 9,685,396.59

Hip Orrio:—Horo KONG No. 10, Des Vaux Bond, Central

Board of Directors y

Bir Bhonson Chow, Chairman

Li Koon Chun, Esq. Li Lan Sang, Esq. P.K. Kwok, Esq. WongChaBon, Esq. Wong YunTong, Bay. Kan Ying Po, Esq. Chan Ching Shek, Esq.

Kan Tong Po, Esq., Chief Manager. Li Tse Fong, Eaq, Manager.

esg

60 3/16

149%

1/231/32 Amoy

Batavia

London Manda

Branches and Agencias 2-y

Kowloon Pasang Santos

Bangoos Balgon Melbourne SAN XIAN-

THE CHASE BANK"

QUEEN'S ROAD CENTRAL

HEAD OFFICE:

38, Pinn StesIT,

NEW YORK.

An American Bank offering com plate Foreiga Banking Service in the principal Markets of the World.

Interest Rates on Application. SAFE DEPOSIT BOXER

This Bank is entirely owned by THE CHAXE NATIONAL BANK, Naw Yoak, with Resources over U.S. $2,097,000,000,00

il

D. M. BIGGAR,

Manager.

THE YOKOHAMA SPECTE BANK.

LIMITED

Capital (fully paid up) Reserve Fund

Yen 100,000,000 OF Yea 132,630,000.00

1:

HEAD OFFICE:-YOKOHAMA

BRANCHES AND AGENCIES AT!-- Alexandria Honolulu Rangoon Bangkok

Hsinking Bio do

London Bombay

Batavia Berlin

Karachi Kobe

Oalcutta Canton. Dairen

Janeiro San

Francisco

Los Angels, Seattle Manila Semarang

Moji

Shanghai

(Dalny) Nagasaki Singapore.

Fengtion

Nagoya Sonrahays

(Murden) New York Bydney

Hamburg Osaka

Hankow

Otaru.

Harbin

Paris

SWALOW

Hong KongPeiping

By aday

Taboru

Kogumaki New York deactie

Thank

Tokyo

Challen

Bergarang

Yauchttres

Komalala

Paris

Shanghai Tokola

Kabe

Tientsin

Tokyo

Tsingtao

Yinkow

HB. Wort 4% Loaza

31% Wallace Harper...... A.K Wing On......

Do

Vibra Piling..

Sales to Shanghai

PHILIPPINE MINING

NEWS

Besides these buildings, a

magazine for explosives has been finished. Two more houses for la bourers are being constructed and placing of barbed wire on the pro- perty is nearing completion.

Flias Abedes, mine superinten- another for tools and other equip- dent of the Cagayan Iron Comment. pany, Inc. has reported to Conra- do A. Uy, president and general manager of the company, that four ore bodies have been discovered in Abedagfal claims number five

Mr. Abedes has recommended to and nine. Besides these four ore bodies, Mr. Abedes stated that the management that a railway be from the nearest small bodies of iron ore float which constructed

claims to a point of six kilometers is similar to that found in the pro-

from the port of Aparri MY. perty of the Philippine Iron Mines, had been found on Abedaqtal claim Abedes told the Bulletin that number 2, a deposit on a lode run-transportation facilities are avail- ning from north to south has been able because the water, is always uncovered. The deposit is about deep even during summer at this 25 meters wide and 30. meters long.pojat, the Biggest boat that can The labourers are working on this anchor at Aparri can also dock for open cut to determine the exact loading purposes. He further disk- ed the management to construct length of the lode.

a five kilometer road leading to the mine and the construction of a wharf for loading ore.

Every effort is being made by Mr. Abed's in trenching and open cutting in order to expose all the pre which can be found on the property. He reported to Mr. Uy that float on the original 14 claims of the company will yield no less

BANK DIVIDEND

HK. Hotels, $7.35.

H.K. Lands, $384. HK. Realties, $5.85. H.K. Trams, $15. Cements, $15. Dairy Farms, $274.

SALES

HK, Banks, $1,880. Canton, Ins, $320. H.K Wharves, $115. H.K. Docks, $31.

Providents (Old), $2.30, Raubs, $12.85 H.K. Hotels, $7.30. HK. Lands, $36. HK. Realtica, $5.80. H.K. Trams, $15.40. Star Ferries, $89-891.

Ching Lights (Old), $14.90-15. China Lights (New), '$11.80. Telephones (Old), $304. Cements, $15. HK. Ropes, $41-4.00. Watsons, $5.657 - Lane, Crawfords, $8. Vibro Piling, $7.

SINGAPORE RAW RUBBER

Co.-

Telegraphic Transfer Bank, on demand........

HIGHER WAGES

IN JAPAN

Economic Situation.

More Interesting

On demand ...

SOVEREIGNS Bank Buying

Bato

BAB SILVER, per o....... 1015/16

EMPIRE TRADE

To Be Discussed At

Conference *

London, Mar, 17.

Bombay Calcutia Cactua Kalpbang Backey

Piping Bingapor

Every description of Banking

Interest allowed on Current A counts.

Deponite received

for Fixed

Period at rates to be obtained on,

application,

Y. KANO,

Manager.

and Exchange business transacted. Hong Kong, 10th March, 1937.

gianted on approved

Loans

iritiba N

Current Accounts

opened

Local Currency – and, Fixed: De-

The Prime Minister, in reply to posits received for one year or During the past few weeks tne

House of Commons question re-shorter periods in Local and economie stuation in Japan hasarding closer economic relation-Foreign Currencies on terms which Decome more interesting. More ship within the Empire. said that will be quoted on application.

Bale Meposit Box To Let. stringent exchange regulations a new trade agreement had re-

`KAN TONG POP governing payment for imports cently Beeh concluded with

Oef danger have recently been established, the, Canada, and general trade discus- purpose of which is, of course, to sions were now li progrèkk with give the yeh the support that it the Finance Minister of New Zea- temporarily requires.

The second was the intró Juction

land.

It was proposed that at the Im- perial Conference there should be a general review of progress of

DISPUTES SETTLED

Pittsburgh, Mar. 17,

The Presidents of five subsidiary companies of the United States Steel Corporation have signed a contract with the John Lewis Steel Union providing for the settlement of all labour disputes without re-

The contract completes the agreement signed on March 2, in which Carnegies recognised the Steel Union as a collective bar- gaining agency for the unions and members.

REICHSMARK RATES Bort to strikes.

of the 1937-38 Budget carrying a deficit in general account, despite

Berlin, March 17. increased taxation, of 800,000,000 | Empire trade and questions aris- The Relchamary was quoted yen, to be covered by new loané. |ing front these discussions but thất | without guarantee at:-

The cost of Japanese importa has risen over 120 per cent. dur

any questions arising out of the Ottawa agreement should be dealt ing the last five years, whereas ex- | with „ALA occasion offered, in port prices have risen by only 47 separate discussions between the per cent, during the same period. From now on throughout the spring Japan normally has her largest Import balances, and this

individual Governments concerned. and apart from the Imperial con- ference.

The British, Government, be year there will be heavy purchases added, is not putting down any

40.23

.:

18 Today's contract also provides 173.68

for the recognition of workers'

73.32.

seniority rights and a week's holl- day with pay for those employed over five years— Reuter.

New York Paris

-Amsterdam, low

Amsterdam, high-

London Faris sterling, low

12.148

106.50

Paris sterling, high

108.55

21798

US. dollar, low 'dish US dollar high 4.21.806

B. D. JOSEPHS

of raw materiala, particularly of specific proposals on the agends ( 7'ransocean. N'eur Bervice, g Hong Kong, Mar. 18. Mesara H. B. Joseph & Co., re-froh, as a result of rearma-such as the House might desire to than a million tons. Mr. Abedes At the annual meeting of sbare-ceived the following quotations ment programme and exception- discuss. Whether any Dominion.

Governments would do so he did

has asked the management to in-holders of The Chartered Bank of❘ from Singapore in Straits Currency ally high industrial activity not know, but they had not done

crease the number of labourers India, Australia and China, the for Raw Rubber from 100 to 800 to hasten explora-Directors will recommend a final tion and construction work.

dividend at the rate of 14 per cent.

According to the mine superin- per annum subject to Income Tax tendent, the company has complet- Added to Pension Pand £35,000. to meet contin- ed the construction of five houses Bet aside.

of light materials, three for labour-gencies £40,000, Carried forward ers quarters, one for officials, and

£182,719.18:10d.

Spot

April-June

The rise in world brices of these 'Buyers

raw materials is causing domestic so yet. British Wireless, 414 Up #trices to advance, and this will in- crease the cost of living and, in 414 Up 4 42 Up time, wage rates.

July-Bept. Oct-Dec. Market Film 2; provement anticipated,

RUBBER PRICE UP

London, Mar. 17.

In consequence of the decision of there has been the advantage of the International Crude Rubber the depreciation in the yen. Committee yesterday to raise the Japan is likely to find it in- export quota for the second half. cressingly difficult to keep her of 1937 from 85 per cent to 30 hold on some of the markets that per cent, the price of rubber, rome Do compete, with increasing success were formerly held by Britain, and from 1a, 11d per Th. here to-day Up t It is these low wage rates which I foreign markets and to expand it should be long, before the Cables, from fingazonS arther uns | have been the most important tácz | their tralt tulel the pont years, cution exportats regain souls of brics lacre Toon by Bente por Th

tor in enabling Japanese exporters of the depression. In addition their lost marketz.

Transocean Newa Baratos.

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