Exchange
Bayesubelkonn
མས
Mamtani
FRIDAY. APRIL, 2.
Mayers
Ballers
Bota
Banks
H. K. STOCK EXCHANGE
12
HONG KONG DAILY PRESS,
SATURDAY, APRIL 3, 1937.
DAILY SHARE
Hong Kong Stock
QUOTATIONS
Sharebrokers'
Association
AND
H. K. SHAREBROKERS' ASSOCIATION
Gold Mining
Philippine Gold
Quotations
BANKS
HONG KONG AND SHANGHAI
BANKING CORPORATION
Authorised Capital ... $80,000,000 lasued & Fully Paid-Up, $90,000,000 Reserve Funda:-
Sterling
Hong Kong Currency
Reserve
THE CHARTERED BANK OF INDIA AUSTRALIA AND CHINA Incorporated by Royal Charter. 1937
HEAD OFFICE: LONDON.
£8,500,000
Paid-up Capital..
..$10,000,000
Reserve Fund
£3.000.000 £3.000.000
2nd April, 1997
Eeserve Liability of
Resarva Liability of Prav
$1,500
#115
$1,850 1,860
2118 £15
£33
£18
Marcantile His. "A"
Du.
H.K. Banks *** rio. (London)
Uhartered Banke...
*C"
Bank of East Asia....
prietors..
$1,200
£118)
£10
£33)
1st Apr. Closing Rates
Time Receiverl
Proprietors
.$20,000,000
24.000.000
B. S.
clos.
clos.
+
9.46 9.48
9.84 10.10 10.16 10.34 10.56 11.19
9.37
2,64 3,05 3.28 3.43
Head Office:HONG KONG
~ Agencies and Branches:-
ALOK TAX ILOILO
BAIGON
AMRITSAR
Iron
SEKARANG
Board of Directors.
BANGKOK
KARACHI
1801
KEREMBAN
N. C. & S. Barks ...
121
Antamoks
1.30
1.95
1.30
Insuranota
Atokes
301
30
30 30
36
$990
1631|
$1.50
Canton ITAÚSON..
$320
1036
⠀⠀
Union insuraLOOR .......
segu
"Baguio Gold.
24
રત
24
24
ដ
· · ·
Underwritors
$1.50
Benguet Consol
.12.75
12.50 19.75 1976
1421
1.20
34
G. Miskin, Esq.
EATAVIA
KLANG
SHANGHAI
23
334 201
33
M. T. Johnson, Esq.,
KORE Chairman. | BOMBAY
DALOUTTA
SINGAPORE
12.00
Deputy Chairman. | CANTON
KUALA
LUMPUR
BITIAWAN
SOURABAYA
J. K. Bousfield, Esq.,
32854 H.K. Farsa pertinen
$288
International A6408. S,
Benguet Explor
12! 15. 12
A. H. Compton, Esq.,
1...
Shipping
Big Wedge
241
24
25
231
$3
Hon. Mr. S. H. Dodwell,
CAWNPORR KUCHING.
CEBU COLOMBO,
MADRAS
TAIPING
TIENTSIN
MANILA
J
TONGEAB
$37) | Douglasom
$374
Coco Grove....
58
38
60 56
57
58
55
64
J. R. MASSON, Esc
;;་』༔;
19
Steambata
391
Consol Mines
.036.307 .035
.038
.033 .034
.033 .032
K. 6. Morrison, Esq.,
$25
indos (prat.) ..........
$35
Demonstrations
19
79
81
79.
77 75 74
Do (dot)
338
134/4)| Shells.....................
E. Mindanao
30
29 31
133/1
י
$9.45
Waterboat
G. Goldfields
201 191
21
19
Mining
Itogons
1.20 1.15 1.90
1.10
23/3
$13.40
Kailans
Raubs.......$13)
18
Venezuela vuld Fich,
$8
i i i
231.
$13.65
I. X. L
B-
$3
Masbates
**
371
37
39
361
38
Amoy
Godowns, etc.
SUBH
$2.40
20 ota.
$321
+32
1.K. & W. Docks '..
$ic
$31
18.10 $37 371/1
$105
**15
$10
16.10
14
560
"Do. Devenituroad.
I d
374
-$18.50
$118 SP3
Humphrey*****
Chinese Esta CASE......
Cotton Mills
Ewce. Shai Cuttons(old)S.
18
Zooog Stugs
Wing On Lextiles()
Public Utilities
Tramways
Pook Trama (old).....
Do.
Docks, Wharves,
H.K. & K. Wharvos.} $118
Providouts (old)
Do, (new) 25 at
Shangusi Docks S. New Engineerings8. Lands, Hotels, sad
Bu dings
H.K. Hotel ... H.KLands.
Do. 4% Debentures Shanghai Laulu.... Matropolia Landa..
H.K. Resitics...
China Do...
!!!!!:
19.32
28 ots.
Min. Resources
33
33
Bangkok
Northern Mining ... 10 11
เอ
11
Paracale Quinaus ...
2.36
1 ade
San Mauricio
63 2.20
81
65
53
Batavia Bombay
Branches:--- Iloilo Ipoh Jabore
Kobe
Calcutta
2.05 2,15 1.03
1.80
Canton
Kowloon Kusta
"Sayoc Consol
39
39
40
33
371
Chefoo
$104.
United Paracales
72
65 72
66
995
65
05
00
59
Colomba
Dairon
Foochow
Malacos
Sungei
Market Comment.
4
Uncertain
E
$ W
S
E S E W W W
W
Haiphong Manis
Patani
Hamburg
Muar
Tientsin
1.
$7.78 $7.85 $7.85
237)
x int.
#101
18.10
4
$181
$130
(DOWN.
$80
$30
15%
144
$10 $101
$1
(LGW)...
$881
Blar Ferri
$27
Yaunati Ferries
$2 185+ $27
$14.90) $15.10
China Lights (old)...814.30;
$14.90
$14.60 Fully Paid
Do. (new)...
1801
161
$61
H.K. Electrics
Fully Paid
$81
3141
$19
Уведо do,
#311
Saudakan Lights...
Telephones (old)
1311
#131
391
China Busas.......
97/6
Tructions
227/-
Do. (prof.)...]
Industrials
$100
Callbock, Lord.) 8.
#17
器
Jacgregorafipref.).
Canton Icon
$161
1.35.70
Cements,
Ropes
Miscellaneous
115
$5.00
$20.65
Dairy Farman....
$20.20
14.30
Ch. E'tainments.............
$4,30
$1.60
Constructions, (old)}
Do.
$1 to
new)
{17cts.
Bank Billa, on demand 30} Credits, 60 days' night. 30j ON. BATAVIA
12
Lane Crawfords....
TH
191
On demand
Nanyang Tobacco...
54 13/18
18
32.70
¥2,70
Sinceres....... $9.7.
sight
1/3 1/32'
ON PARIB:--
་་
$6.10
Watso
S. C. Enterprises
$6.10
ON SHANGHAI !------
Bank Bills, on demand 857 Cradits, 4 month's sight 887
31
101
98%,
Ch.G.5%1925G. Bda
96%
prec. 5%
H.B. Gort 4%LDS
3:08
HK Realties, $8.10. $6.35, $6.10.
$8.
ON SAIGON
ON SINGAPORE:-
On 'demand
66 9/16
prom. 11:
Do,
33%
On demand ...........'............
522
ON MANILA-
..
1101
&
Wallace Harper.
H K. Tramways, $15.60, $15.80.
360
FLK Wing Oa
China Lights (old), $15 $15.30.
On JAPAN:---
On demand
611
On demand.
.......... 100
ON BANGKOK:-
S'kaj
Dio
Vibro Piling
On demand
1491
SOVEREIGNS Bank Buying
Rate
•Sales to Shanghai
1/23/32 SOL
Amoy
F
H. K STOCK
EXCHANGE
YESTERDAY'S OFFICIAL QUOTATIONS
The market opened steady after the Easter holidays' and rates in the investment section have con- tinued to be maintained, in some instances recording fürther im- provement..
In the speculative section. how- slightly, on rates eased ever, profit taking, but offerings were readily absorbed, and buyers are still in evidence,
The Manila market weakened 813.70 considerably in the latter part" of the week; a further marked de-- chine was registered all round
BUSINESS DONE DURING
THE WEEK
Hong Kong. Banks, $1855, $1862,
$1885, $1860
Union Insurances, $3024, 3635.
China. Underwriters, $14.
H K. Steamboats, $8.
HK. wharves, $116, $116, $117,
$1161.
H. K. Docks, $324. $32
Providents (old), $2.35, $2.45,
$2.40, $2.30.
H. K. Hotels, $8.10, $8.15, $8.20
EK. Lands, $37, $371, $371, $37.
Paris
Седеча
Berlin
Athens
Milan
Copenhagen
Stockholm
Shanghai
New York
Amsterdam
Vienna
Prague
Mar. 30
106-21/64 21.45 12.15
927
4.88-23/32 8.922
Madrid
Lisbon
Hong Kong
Bombay
29.03 4.88-1/18
Montreal
Brussels
Yokohama
Belgrade.......
Monte Video
Rio
Bucharest
Silver (Forward)
Silver (Spot) War Loan
On LONDON:-
20-13/16
34% 1021
Closing Quotations
April 9, 1937,
PJ
Telegraphic Transter... 11/2 Bank Billa, on demand) 27/32 Credits, four months'
On Demand
ON NEW YORK:-
LONDON EXCHANGE RATES
(British Wireless Service)
:
Harbin
Hongkow
Mar. 31
105 .21/84. 21.461 12.15
4.80 1/16
"29.01
4.88 11/18
20 15/16.
31% 102 9/16.
Hankow (Johore) Tokyo
Current
Mukden Tsingtao
New York Yokohama
Accounts opened in Local Currency and Fixed Deposits received for one year or shorter periods in Local Currency and 1, 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
Business of the above
TBank is conducted by the HONG KONG & SHANGHAI BANKING CORPORATION, Rules may be obtained on appliostion,
For the HONG KONG & SHANGHAI
BANKING 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 ........... 5,598,600.00 Reserve and Undivided
Profits
2,776,790.76
HEAD OFFICE:-HONG KONG" No. 10, Des Voeux Road, Central.
Board of Directors:-
Bir Shouson Chow, Chairman.. Li Koon Chun, Esq. Li Lan Sang, Esq. P. K. Kwok, keq WongChuSon, Esq. Wong YunTong, Eaq, Kan Ying Po, Esq. Chan Ching Shek, Esq.
THE CHASE BANK
QUEEN'S ROAD CENTRAL
HEAD OFFICE:
18, PINE STEREST, --
NEW YORK.
An American Bank offering com. plate Foreign Banking Berrios in the principal Markets of the world
interest Hates on Application.
SAFE DEPOSIT BOXES This Bank is entirely owned by
THE CHASE NATIONAL BANE, NIw YORE, with Resources over U.S. $2,027,000,000.00
D. M. BIGGAB
Manager.
THE YOKOHAMA SPECIE BANK
LIMITED
Capital (fully paid up)
Yen 100,000,000 06- Reserve Fund Yen 132,050,000.00
HEAD OFFICE:-YOKOHAMA
BRANCHES AND AGENCIA AT: Alexandria Honolulu Rangoon Bangkok Hsinking Rio do Karachi Batavia Berlin Bombay Calcutta Canton
Daired
Kobe
London
aneiro
Francisco
Jan
Los Angeles Seattle
Manila Semarang
(Daley) Nagasaki
Fengtion
(Mukden) New York Sydney
Moji
Shanghai
Singapore
Nagoya
Soerabaya
Hamburg Osaka
Tientsio
Hankow Otaru
Tokyo
Harbin
Paria" Tsingtao
Hong KongPeiping
Vinkow
Boya
dwatom
Hydney
Kan Tong Po q., Chief Manager. Lá Tre Fong, Esq., Manager.
Branches and Agencias ;—-
Kowloon Petang
Comfort Batpode-
E Manila Sulgen Daloortia Centen Hatades
Melbourne Ban Fran- Taiboxu Mognak!
sino esten
New York dengale,
Deposita
Hon. Mr. J. J. Paterson,
T. E Pearce, Esq.,
A LA Shield, Esq.,
V. M. Grayburn, Esq.,
Chief Manager.
· Peiping Penang Rangoon Saigon
San Fran-
cisco.
Lumpur Shanghai
London,
Singapore Lyona Sourabaya
DELE 1
NEW YORK
PRIPING
YOKOHAMA
(Peking) HAMBOANGA
PROSTANG
HONG KONG BANGOUN
*FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened · and FIXED DEPOSITs received for Op Year or shorter periods at rates which will be quoted on applica tion.
The Bank's Head Ofios in Lon- don undertakes Executor & Trustes claims recovery of business, and British Income Tax overpaid, on ́ terms which may be ascertained as any of the Agencies and Branches.
A. BREARLEY,
Manager.
MRDAN
(Bhuket)
HAIPHONG HAMBURG
TEIN OTAQ
HANKOW
HARBIN
THE EXCHANGE
MARKET
EXTRA MANILA CLOSING QUOTATIONS
Hong Kong, April 2. Extra Mania closing quotations
Els and Edgar.
MESSRS. ROZA BROS. aures kindly supplied by Messrs.
Hong Kong, April 2.
The price for Ready Silver Associated Mines dropped 1/16 yesterday but the Acole Mining forward rate was unchanged, the Angelo quotations being 20 7/8 and 20 Dulong 15/16 respectively. Silver advices Gold Creek reported India as having bought pe Gold and speculators as having sold. A. Gold River small business was
After Mother Lodo
the official fixing prices remained Paracale Gold
$151. $15.10.
China Lights (new), $12.
On India:
E. K Electrics, $014. $611. $51, Telegraphic Transfer B12
$8027/601.
Telephones (old), $31.
Telephones (new), $131; $134. Cements, $15.60, $154, $15.10.
H. K. Ropes, $4.85, $5, $5.70,
$5,80
Dairy Farma, Ex.. Div. $26.15,
$25.95/$26.
Watsons, $6.10.
Bank, on demand..........
BAR SILVER, per où........
PHILIPPINE MINING
NEWS
The Commonwealth government received P2,120,176.93 during 1936 from Benguet Consolidated, Bale- toc, and the North Luzon Power
Ewo: Cottons, Sh.$18.40, 8h.$18, Company, Judge John W. Hausser- mann, head of those companies, revealed last week.
Et.Div.
Shanghai, Cottons, (old) Sh.$120. Demonstrations. $1.37.
$1.32.
ȧumaus Goldfields,, 34 cts,
$1.33,
San Mauricio, $3, $3.80. United Paracale, $1.30,. $1.20. · Crown Mines, 214 cts, 22 cts. CHANGES (3.15 pin.) CLOSING QUOTATIONS
Sinceres, $2.70.
a.m. D.M.
Rauba, $13.55.
.007 .007
Ewo Cottona; Sh.$17.
.17
.17
.12
.12
.:
13
115
20
20
25
24
075
"076
done.
Unq.
.195
.185
unchanged. American Silver was quoted at 45 1/4 for spot.
Balacot
.045
.05
Batong Buhay
017
.015
Universal brpf Bued Dayaka
20
24
25
.20
.19
BUYERS
Crown. Mines
.115
MARKET
Mambulao
.40
Stagnant.
Syndicate Invest.
.10
10
H. H. Hotels, $780.
STERLING There were sellers at 1/2 29/32 1/2 buyers at April-December,
Tinagao
Ung.
HL K. Lands, $361.
Santa Rosa Mine Operations
,055 .055
Und
15/16 for any delivery.
Weak. Weaker.
The London-New York cross rate was quoted at 489.57. New York-London was quoted at 489 1/4.
U.S. DOLLARS
There were sellers at 30 3/8 lers at 28 13/16 frst half April, April-May and próbábiy Juné and buyers at 29 7/8 for cash. 30 5/16 July-August, buyers at 3D. 7/16 April-July and probably 30 3/8 Augusts (el Vs.
SHANGHAI MARKET
A small business was done at 101 15/16 for cash. There were sellers at 181 7/8, buyers at 101 15/16 for cash.
SHANGHAI DOLLARS Taste were sellers of Sterling at 1/2-5/8" for "neur, buyers at 1/2 21/32 for cash, US Dollars, sel-
IN THE AFTERNOON The market was quiet in the afternoon and no business was re- ported, Anishing with sellers of Sterling at 1/2 29/32 April-Decem- ber, buyers at 1/2 15/16 for any delivery.
US, DOLLARS ···· Bellers at 30 3/8 April-May and probably June and 30 5/18 July- August, buyers at 307/16 Apríl- July and 30 3/8 August.
H. K. Wharves, $1174.
H. K. Realties, $6, H. K. Electrics, $804. Cements, $154. Raubs, $134:
SELLERS
H. K Hotels, $7.95.
SALESTM
H, K. Wharvės, $110). Providents (old)", $2.30. H. K. Lands, $37. H. K. Realties, $8. China Lights (old), $15.10. H. K. Electrics, $801/601. Cemerits, $16.10. -- Dairy Farms, $25.00/28.
This amount does not includé in- come taxes of individuals whose Incomes are derived from salaries or dividends from these companies. The mine products tax for the tax on the bulltan produced by Benguet and Balatoe) amounted to P953,066.19. The two inines paid P312,396,28 in income tax; P5,641.13 in property tax, P4,725.98 in ex- chandise sales tax; as well as smaller amounts in power sales tax, assay, cine, engineers, radio, shop, tobacco, and water power taxes.
Postage on bullion, shipped by Benguet and Balatos amounted to P55.10898. The Manila Raftroad recelyed P297,855.99 as freight an machinery and supplies sent to Bagulo from Manila.
Judge Hausserman
Hackow
Ussica
Hoar!ulu
Parla
Кобе
Priplog
.
Bearing
**
Branghal Yokohama Singapore
Interest allowed on Current Ac counts.
for received
Fixed Perioda at rates to be obtained on application,
Y. KANO,
Manager.
Every description of Banking Hong Kong, 10th March, 1937. explained and Exchange business transacted. Loans granted on approved socurities
that these figures were based on cash payments made during the year, and that the thereased in- come tax for 1936 would be paid in 1937,:..
14
Under the increased rate of tax ation as defined by the new mining laws, Benguet and Balatoe will pay an anticipated increase of P625;- 698.09 in 1937 in mine products and income taxes, made
Judge Hansserinanım' said that his companies would pay materially larger taxes in 1937 than in 1936; both because production would un doubtedly be increased and because of the higher tax rates. ".**
BOARD RE-ELECTED
At the annual meeting of Ben- guet Consolidated, the board of directors was unanimously re-elect- ed: Judge Haussermann, F. Q. Heussermann, A. F. Duggleby, M. M. Saleeby, and Rose T. McKee.
Mr. Duggleby, chief engineer for the Benguet interests, gave an out- line of the work at Antamok dur. Import duties on foreign puring the year. Development work chases were P104,794.56. Timber - was unusually favourable he said, censes were P39.142.95, while the gasoline tax on
on gasoline purchased was P34,484.485741
P111,562 IN LICENSES
The three companies purchased around P3,000,000 worth of supplies In Phillippine markets, on With merchandise gales Yates Were P5,-
and more ore was blocked out than was mined
Accounts
ASSOCIATION
Current
opened in H. K. SHAREBROKERS' Local Currency and "Fixed De posits received for one your or shorter periods in Local and Foreign Currencies on fermas which will be quoted on application.
Safe Deposit Boxes To Let.
KAN TONG PO,
Chief Manager.
SINGAPORE RAW RUBBER
A. b. JOSEPH & CO.
Hong Kong, April 2. Messra H. B. Joseph & Co., IB- ceived the following quotations from Singapore in Straits Currency for Raw Rubber:
Spot.......
Buyers
451UD May-June...............151 Up & July-September......461 Up October-December..461 Market:Quiet.
Up.t
In speaking of the year's work, Judge Haussermann Bald It is a good omen for the future of the The Hong Kong Stock Exchange Commonwealth that its first year have received the following cable coincided with a remarkable from the Raub Australian Gold
Mining Co. Ltd.)
500 radation, the Heald Lutavance in Philippine mining to the ber Company (a Benguet nibel extent that the kidustry how ranks diary) paid P111,532:07 In timber among the rat three of the con licenses.
(try."
"Crushing number 518 Tons Bullan Ounces Treated 4,887 2,000 Fine Gold 1,837,"
BUYERS Underwriters, $1.60, Wharves, $116 Providente (Old), $2,30. . H.K. Docks, $32 Hotels, $7.90. Humphreys, $9.10. ́EWOB XD, $1040.,
Trams, $15.
Y. Ferries, $27:10. China Lights (Old), $15. Electrics, $804. ·
Cements, $15.45. Ropes, $5.80.
Entertainments, $4.30. Sincers, $2.80.
"
SELLERS":
Providents (Old), $2.35,
Hotels, $8.10. Ropes. $5.70.
SALES
Providents (Old), $2.35.
Hotels, $7.90,
Trams, $154.
China Lights (Olá), /$1£821-00, Telephones (New),, $13.60."
Cements, $14.80-15.10. Ropes, $5.60.
Sincers, $3.
Northern Mines, 15) cts.
No comments yet.
Private notes are available after approval.