12.
DAILY SHARE QUOTATIONS
Hong Kong Stock
Bayels Bailean
Exchange
Sharebrokers
Association
ווי
THURSDAY. MARCH. 25.
Suyara
Bain & mis
HONG KONG DAILY PRESS, TUESDAY, MARCH 30, -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 Paid-Up $20,000,000
Reserve Funds:-..
AUSTRALIA AND CHINA Incorporated by Royal Charter, 1934
Hon. Mr. S. H. Dodwell,
Hon. Mr. J. J. Patazuon,
DELHI
HAIPHONG KAMBURG
MEDAN
NEW YORK' TEDYOTAO PRIPING YOKOHAMA
$16501
Uanks
H.K. Baus
31,800
E15! £33)
190. (London) ... Ubartered Banka ....... Marcantile Bks. “A”
***
$10
ed
£33
24th Mar.
Closing Rater
20th March, 1937
Time Пervived
B.
cloa.
10.00 10.00 10.09 10,14 10.20 10.36 10.34 11.00 242
Do.
2181
$87
Bank of East Asia... 187
N, O. & S. Banka...
Insurances
Byt
Antarnoks
1.40
1.35
*1.30 4.45
1.35
Atoka
+1
10
42 39
1390
Cautoa imearm4006.
1630
Union Insurandes .......
$1,40
$1.40
Underwriters
SEST
H.K. Firus.
Interumtional Assos, D.
Stopping
$38)
Douglase
$37
注重
Steainboats *******
$35
Indus (prof.) ..................
$32
Do. (def.) ********
135/-
xd
$9.56
Mining
€13.10)
!!
20/9"
Rauba
18
3:16 $2.30
$2.40
120 ct
321/
.
$i
*
$118
10
Waterhonta
Kailans
Venezuela Gold Fida.} $61
Docks, Wharves,
Godowns, etc.
H.K.K. Witsevar.
Providents (old) 2.30
Do. (new,
H.K. W. Doors
Shangost Docks S.
New Eagineerings. Lands, Hotels, and Bui dings
H.K, Hotela
H. Laud..........
Do. 4% Debentures #102)
Metropolitan Lands..
$13
megau 2
$320
1830
Baguio Gold
201
28
27}
$1.40
Benguet Consol 12.75 13.00 19.75 13.00
1997)
Benguet Explor
-141
15
Big Wedge....
18, Unquoted
24
Coco Grove ...
63
Ба
80
201
61
194
zd
111
KUR !!!
Consol fixes
.038
.037 .039
.038
.038 .037
$30
Demonstrations
84 80
81
R2
8.3
$36
135/-
E. Mindanao
314
31
32.3%
31
$91
G. Goldfields
24
12 Lak 221
İtagons
1.30
1.25 1.35
30
19/0
I. X. L
1.30
85 xR. 1.00
98
Maabates
39)
38 40
39
Min. Resources
34
31
Northern Mining
IL
10
13 11
བམ།}:
...
Amoy
HEAD OFFICE: LONDON,
Sterling
£8,500,000
Hong Kong Currency
Paid-up Capitel...sion
63.000.000
Reserva
.....$10,000,000
Reserve Fund
£1.000.000
Reserve Liability of
Rosirve Lability of Pro-
¡prietors.
£3.000.000
Proprietors
$20,000,000
etos,
"Agencies and Branches:-
2.50 3.09 3.20 3.43
Head Office:--HONG KONG
ALOR STAR 11010
BAIGUN
AMRITSAR JPOK
SEMARANG
Board of Directors.
1 1
G. Miskin, Esq.,
Chairman.
BANGKOK BATAVIA BOMBAY
KARACHI KLANG
BERENBAN
SHANGHAI
KORK
SINGAPOR
M. T. Johnson, Ende
PALOUTTA KUALA
SITIAWAN
13:00
Deputy Chairman. | CANTON
LUMPUR
BOURABAYA
༔:! "
J. K. Bousfeld, Esq.,
CAWNPORE
KUCHING
TAIPINO'
A. H. Compton, Esq.,
MADRAS
TIENTSIN
COLOMBO
MANILA
TONGKAR
J. R. Mason, Exqu
(Bhuket)
K. S. Morrison, Esq.,"
B4
T. E. Pearce, Ex4,
214
301
Bangkok Ipob
Batavia
$116 $2,35/140
190 ct.
ad
$332
Paracale Gumaus San Mauricio Sufoc Consol -
60 61.
38
" 81
59
Bombay
Johore Kota
2.85
2.80 2.55
41
$1 42
2.50 2.43 401
Calcutta
Canton
Chefoo
#104
United Paracales .....". 90
DO De 00
.80
Colombo
L
13.
Markal Comment.
S
Uncertain
$ S Easier dior S V.Q.
Q Easier S'dier 3 Easier
36
$93
$15.40 815.80 181/4
20
$7.0
Do. Debenturesd.
Humphreys....... 30
ETOS.......
S'bay Cottons(old)S.
**
"י
!
8/6.00
1361
17.80 $36
17.80
#105
*10
Shanghai Larda...S.;
$1
8/0.10
H.. Healtios...
14
China Do8.
100
ไป
$76
Chincas Estates......
Cotton Mills
8. $16.40)
$110
Du
(now)S.
856
331
Zoong Singa"......S.
$30
$44
Wing On Textiles(S.)
$52
Public Utilit
Tramways
$15.40
842
Poak Trains (old) ...
*
15,40/. BO
14)
31
Do. (now)...
1683
Star Fermes.*******
$884
3x71
Yaunati Ferries
327
$14.50 $15.10 15.10/14.36
China Lights (old).....] $14.80)
Do
$10.10
(now)...
112
161
1t
H.K. Electrica
181
$20
Macao do.
141
#1
Saudakan Lights ........
131
Telephones (old)...
131
313)
Do,
(new) ...
131/30
$91
China Buses. 8.
27/0
Tractions
28/
27/-
Do. (prof.).....
Industrial
$18
$17
Caldbeck, on
Macgregors (pro.5.
F
Canton Ico
1.70
$15.00 $18 343
***
Cements
02
15.40
Kopas
**HO
Miscellaneous
120)
127
$27
Ch. 'tainmenter...... $4.60
o d
$1.00
Constructions, (old)
St
Do.
100w).
10+
Lane Crawford...
324
45 cta,
Dairy Farms...... $62 od
Nanyang Tobacou
Sinceres.....
Watsons.....
S. C. Enterprises
.1
99% JULG.6%1925G.$Bda, prem.8%
prem
112
160
HB. Govt. 4% E
Do. 31%
Wallace Harper. H.K Wing On
S'kal Do
Vibro Piling
*Sales to Shanghai
JAPANESE MISSION
SELECTED.
Leaving For U.S.A, And Europe On April 28
Eleven leading Japanese Indus
trialists and bankers Yokohama
will leave
trade group led by Mr. W. Came- ron Forbes, former Ambassador to Japan, and the call made by the Barnby Mission from Great Bri- tain two years ago.
Boom Expected In Central Shensi
LUNGHAI RAILWAY
EXTENSION A BOON
Land At Paochi Reaches $1,000 A Mow
With the Inauguration of traffic u the Sian-Paoch! section of the Lunghai Raliway, centrál Shensi is expected to enjoy and economic
booth.
Prices of land along both sides of the line are soaring. Land in the vicinity of the rallway station. at Prochi now costs as much as $1,000 a mow. New fairs compos- have Ing of clusters of booths arisen by the said of every station. Large quantities of agricultural products are conveyed by mule- carts
from and wheelbarrows farms to neighbouring stations and loaded an trains for tran- sport to neighbouring provinces, These include especially cotton, wheat, and medicinal herbs.
According to the railway authori- ties. freight and passenger traile on this section is the most con- 471bt gestested along the entire Lunghai Rallway. As a result, it taps other sections in bussiness profit.
Measuring a length of about 370 16.80. this section runs through eight
19
18
15.4)
$1
86%
1108
201
365 -574
$7
RESERVE BANK PLAN PRAISED
F
districts in central Shenzi, name- ly. Stan, Hslengang. Hsingping, Wukung. Futeng, Meihslen, Chis- han arid Pacchi. It travels over four iron bridges and one tunnel.
The total construction cost was estimated at $15,000,000 but up till now only $13,000,000 has been ex- pended on its construction.
LINE TO BE EXTENDED Construction work W39 comTM pleted toward the end of last year. Trali service was originally scheduled to be inaugurated last Jan. 1. However, owing to the outbreak of the Sian revalt, it
LONDON EXCHANGE RATES
Paris
Geneva
Berlin
Athens Milan
Copenhagen Stockholm Shanghai
New York
Amsterdam
Vienna
(British Wireless Service)
Mar. 22.
106-23/64 21:441
12.114
924
*4.88-5/16
8.921
140
Mar. 23
100-23/64
21.444 12.15
92-25/32
4.88-19/32 8.921
Prague
Madrid
Lisbon
Hong Kong
Bombay
Montreal
20.001
Brussels
4.371
29.011 4.88
Yokohama
Belgrade Monte Video Rio....
Bucharest
Silver (Forward) Sliver (Spot) War Loan
201
34% 102-1/16
204 34% 1024
Closing Quotations
March 25, 1937.
f
ON LONDON:
Telegraphic Transter... 11/3 Bank Bills, on demand † 27/39 Credits four months' "sight
Ox SHANGHAI:- On Demand
Ox 818GAPORE:----
On demand.. OD JAPAN:-
On demand On INDIA:-
Ox NEW YORK:-
Bank Billa on demand 30.3/16 Credits, 60 days” sight. 30 9/16 OK BATAVIA:~
···On demand
IA. L Shield, Esq.;
V. M. Grayburn, Esq.,
Chief Manager.
Branches:--
loilo Peiping
Penang Rangoon Saigon
Kowloon San Fran Kush
CINCO Lumpur Shanghai London Singapore Dairea Lyons Sourabaya
Malacos Sungei Foochow Haiphong Manila Patzai Hamburg Muar Tientsin
Hankow (Johore) Tokyo Harbia Mukden Tsingtao" Hongkow New York Yokohama
HANKOW "(Peking) sʊMBOANGA" HARBIN PENANGANA
HONG KONG BANGON
FOREIGN EXCHANGs and General Banking Business "transacted.
CURRENT ACCOUNTS opened and FIXED DEPORica received for On Year or shorter periods at rate which will be quoted on applica
tlón
́ ́ ́The, Bank's Head Office in Lon- don undertakes Executor & Trustee business, and ́clains recovery of British Income Tax overpaid, on terms which may be ascertained så any of the Agencies and Branches.
A. BREARLEY,
„Manager,
Current Accounts opened in Local Currency and Fixed Deposits received for one year or shorter periods 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, 1st March, 1937,
BONG KONG SAVINGS BANK
THE "Business of the above TBank is conducted by the
HONG KONG & SHANGHAI BANKING CORPORATION, Rules may be obtained on applicationTM
For the HosG KONG & SHAXOBAL
BANKIKO "CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 1st March, 1937.
BANK OF EAST ASIA, LIMITED.
Authorised Capital" ...$10,000,000.00 Paid-up Capital ......... 5,599,600.00 Reserve and. Undivided
Prosts
................. 9,776,720.76
|
HEAD OFFICE:-HONG KONG h4 13/16 No. 10, Des Voeux Road, Central.
ON FARIS:
1/3 1/32
Bank Bills, on demand 66% Credits, 4 month's 'sight 887
1011
Ox 841002:
On demand
328
ON MANILA:
On demand
ON BANGKOK-
100
Telegraphic Transfer 811 Bank, on demand........
Easy Money Policy
Favoured
Increased Taxes On Incomes And Profits Urged
85 9/18
................................60 3/16
On demand SOVEREIGNS Bank Buying
Bate BAR SILVER, per ca
Board of Directora
Bir Shouson Chow, Chairman Li Koon Chun, Esq. Li Lan Jang, Esq. P. K. Kwok, Faq, Wong Chuson, La Wong YunTong, dag, Kan Ying Pu, Eng. Chan Ching Shek, Esq.
Kun Tong Po, Esq., Chief Manager. Li Tse Fong, Esq., Manager.
Branches and Agencias ;--
Kowloon Pasang Bourabaya
149
1/23/29 ro 9/18
Balaria Bombay
4
Dalopti
Halphong
Elankow
Owaka
Hooplulu
Parla
Kobe
Vigorous Business Activity In US,
Artificial Spmulation Noted By Ayres Review
Cactus
Loadou
Langoust Balgon
Manila
Melbourne Bus Fran-Talboks
laco Dagunaki Saw York danciler
Swallow brydowy
Tientsin
Takyo
Semarang
Tandon vár
Shanghal Yokohama
Peiping Bingspor
THE CHASE BANK
QUEEN'S ROAD CENTRAL
HEAD OFFICE:
18, PINE STREET,
NEW YORK.
An American Bank offering com. plate Foreign Banking Service in the principal Markets of the world. laterest Bates on Application.
SAFE DEPOSIT BOXES
*
This Bank is entirely owned by THE CHASE NATionai Bang, Naw YORK, with Resources over U.S. $2,027,000,000.00
D. M. BIGGAB;
Manager.
THE YOKOHAMA SPECIE BANK
LIMITED
Capital (fully paid up)
Yan 100,000,000 00 Reserve Fund Yen 132,850,000.00
HEAD OFFICE:-YOKOHAMA
BRANCHES AND AGENCIES AT: Alexandria Honolulu
Bangkok Hainking. Bateria Kazachi-
Berlin
Rangoon
Bio"do
San
neiro
Francisco
Kobe Bombay London Calcutta Los Angeles Seattla Canton Manila Semarang Uairan
Shanghai Moji (Dalny) Nagasaki Singapore :... Fengtien Nagoya Soersbaya
(Mukden) New York. Sydney
|
Hamburg Osaka
Tientain
Hankow Otara
Tokyo
Harbin Paris
Tsingtao
Hong KongPeipine Tinkow
Interest allowed on Current Ac- counts,
Deposits
received for Fixed
Period. at rates to be obtained on application.
Y: KANO.
Manager.
Every description of Banking Hong Kong, 10th March, 1937. and Exchange business transacted. Loans granted оп approved securities.
KAN TONG PO..
Ohief Manager.
ITALIAN FINANCIAL
MANCHU FOREIGN
TRADE
Manoboukuo's foreign trade in January resulted in a favourable
balance of 7.20,830,303, with ex- ports amounting to Y.77,030,857 ami importa, totalling Y.56.150,554. Each of these figures was well I above the amount in "the corres- ponding month of 1936, exports showing a gain of V.14,443,588, im- ports registering an increase of ¥.15,553,573, and the favourable balance showing a gain of Y.2,800,- 115. **
The formation of the Central Reserve Bank of China by the Government will go a long way towards eliminating provincialism, was postponed till March -1.
One express and one ordinary smallscale credit loan extension trains now run every day from
Artificial stimulation, combined Ourrent Accounta opened in To correct what he characterized on April 28 for the and irrational competition, which gian to Paochi and vice versa. It
characterize the busnless of United States and Europe as
takes about nine hours to travel as erroneous interpretations of his with the natural forces of econo-Local Currency and Fixed Do Chinese banks,
position on credit and monetary mic recovery, is producing an ex- posits received for one year or members of a goodwill economic
the whole distance.
Local and mission, the Economic Federation This is, the. view of the official
Eccles, ceptionally vigorous business acti-shorter periods in On both sides of the section are policies, Mr. Marriner 8.
America and abroad. It Foreign Currencies on terms which of Japan, sponsor of the trip. "Central Dally News" when com- vast stretches of farm lands. The chairman of the Federal Reserve vity in
by the La P. Ayres will be quoted en' application. announced to-day.
menting on the projected reorgan-land on the south side which Board, issued a statement clarify was noted
Safe Deposit Boxes To Let monthly review of business con- The mission will return the visitization of the Central Bank Into forms the valley of the Wei River, og his stand. made last year by an American the Central Reserve Bank,
Mr. Eccles said that he favoured ditions.
► the largest waterway running
Ecorts to compensate for recent With the establishment of the across Shens, is especially fertile. a continuation of the Board's
as those induced barik, the Journal says, it may Rice agricultural and mineral "easy money" polley as long as setbacks, such direct the attention of the Chinese resources are found in the dis- large numbers of persons are by floods and automobile atrikes, At the same time. together with efforts to avert banks to systematical development tricts along the section. The most unemployed. enterprises which have an m-noteworthy of these are cotton however, he sald that he favoured threatened setbacks, have accete-
ADVISER porant bearing On the peoples and wheat in "Balenyang, Haing-increasing taxes on incomes and rated production and trade, the livelihood and the nation's te-ping,- Wukung and Melhsien, Ironprofits, if necessary to sustain the review pointed out.
Signor Alberto de Stefani, Itam filings in Paochi and medicinal volume of relief, and simul creased wages and shortened Present-day China, the paper herbs and minerals in Chinling. taneously balancing the budget to bours "being inaugurated in an authority on public finance asserts, needs economic unification: After the completing of this permit the paring of the public numerous of the nation's indus- and the new financial adviser to as well as military and political section.. preparations are being debt as the nation's private debts tries, the "Review" asserted. have the Chinese Government, is due to unity. Th establishment of the made by the railway authorities expand"
not resulted from exceptional arrive in Shanghai from Rome this Central Reserve Bank will help to for its extension westward to
profits, but represented a desire to week in the Victoria," achieve unity in the
forestall nation's Tenshul in Kansu. A survey of
demands And
The Executive Tuan has sent Dr. Shih. Kwang-talen, technical economic aims, thus strengthen this section has already been com-
strikes. Ing the already united political | pleted..
Rétal trade in the United States expert of the Ministry of Railways, foundation.
Its total construction cost has
is brisk and almost booming, it to Shanghai to meet Signor Ste- Declaring that the present pro- been estimated at approximately
Preparations are being made by a noted, The Review. pre fani, who will come to Nanking ject is another concrete evidence. $23,000,000. This estimate has
pared under the direction of COL after two days stay in Shanghai.
A close follower of Bignor Mas- The Chịu Ta sát Refing Đó. . Là
LP. Ayres, vice-president of the 13 to be built in Kobe at a cost of of the Government's achievements now been submitted to the Minis-Tientsin for the opening of 's Cleveland Trust Co. and noted solini. Bignor Stefani was Miniater discarded bollers, old cycle frames
Nishi- in national recovery, the journal try of Railway for approval. As branch factory in Halchow, sea- kawa and Kita, of the Kobe Busi-holds that the Central Reserve soon as approval is secured, con port on the Klangst coast and it
found the of Finance in the Italian Govern-in fact all those things which economic analys
ment for several years, during and their way to the refuse heap, Association recently Bank as a "bank of banks" should: 'struction work will be started. nessmen's
merican security markete strong which he successfully readjusted are now being bought by the Ja called on Mayor Katsuda and Mr.frat, assist the Government in,
After visting the United States, the misalon, will proceed to Ger- many to attend the Ninth Gene-sources. ral Conference of the International Chamber of Commerce opening in Berlin on June 28.
it will later visit England.
TOURIST HOTEL
In connection with the proposed international tourist hotel, which
about Y.5,000,000, Messrs.
Chiu-Ta Salt Co. To Open Haichow Branch
is expected that "products" of the new plant will be placed on the market during the latter part of The original plan was to move the head office of the company
"Uyeda, Chairman of the City As- consumating financial and econo-, m sembly, and submitted a statement mic policy, second, assume respon- asking the co-operation of the city albility of exercising the Govern- Inancial organs; and fourth, re-the year perdas Cut authorities: towards quick realizamento currency policy; thirdly, lleve and promote state productive tion of the scheme.
supervise and protest the country's enterprises.
ayold
from Tientain to Shanghal but this proposal has been dropped for the time being.
28
The item responsible for the in- ease in exports was soya beans, which totalled V.34.697,194, compared with 7.23,626,257 of the corresponding month of 1936. |
JAPAN BUYS SCRAP
Japan has become Ceylon's chief
customer for scrap iron, in which the island is doing a growing trade. Ramshackle motor-cars, lorries,
Italy's financial structure. After panese and shipped to Japan. his retirement from political life Most of this material, It is be- he became Dean of the Depart- Leved, is eventually used as filings ment of Political Science of the for high explosive shells and
University of Rome.
shrapnel.
·
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Private notes are available after approval.