1937-04-05 — Page 12

12

DAILY SHARE QUOTATIONS Hong Kong Stock

Exchange

Sharebrokers'

Association

HONG KONG DAILY PRESS, MONDAY, APRIL 5, 1937.*.

VEHICULAR

FERRY COY,

LONDON EXCHANGE RATES

MEETING

Paris

Bayers doilea a

Bales Nonsmal

SATURDAY.

APRIL, 3. “

Bayern

Sellars

Balesi Na

Reconstruction Of Old Craft

Genera Berlin

Athens

(British Wireless Service)

Mar. 31

106 21/64

Mar. 3

106-23/84

31.461

Authorised Capital

***** 850,000,000

13.154

12.172

93-1/18

Reserve Funds:

BANKS

HONG KONG AND SHANGHAI | THE CHARTERED BANK OF INDIA

BANKING CORPORATION

Issued & Fully Paid-Up, $20,000,000

AUSTRALIA AND CHINA Incorporated by Royal Charter, 1857

HEAD OFFICE: LONDON

Sterling

£8,500,000

Milan

Copenhagen Stockholm Shanghai

Hong Kong Currency...

Paid-up Capital.

Reserve

*་*****-

$10,000,000

Reserve Fund

83.000.000 £3.000.000

Reserve Liability of

Reserve Liability of pro-

Proprietors

$20,000,000

4.89 1/18

4.30-13/16

New York

8.941

Head Office: HONG KONG

Amsterdam

Vienna

AMRITSAR

prietors..

Agencies and Branches;—

ALOR STAR ILDIZ

IPORT

***** £3.000.000.

1401

Board of Directors.

Madrid

G. Miskin, Esq.,

SAIGON

BEMARANO

KARACUS

BEREMBAN BHANGHAI

Chairman.

Lisbon

Hồng Kong

M. T. Johnson

SALCUTTA

• Deputy Chairman. | CARTON

Bombay

29.041 4.88 11/18

J. K. Bousfield, Esq.,

4.894

A. H. Compton, Esq.,

Hon. Mr. S. H. Dodwell,

CAWNPORE

MIT COLOMBO

MADRAS

MANILA,

J. R. Masson, Esq.,.

DELEI

MEDAN.

K. S. Morrison, Esq.,

HAIPHONG

NEW YORK

$1.680

£161

1881

$390

$632

$1.55

Banks.

H.K. Bauki

wo. (London) ... Chartered Banka ... Mercantile Bks."

Do.

Bank of East Asia... N. U. & 3. Harks ........ Insurances.

Canton LusakaUED... Unon inuTBLODS *** Underwriter «****** $2851) 1.6. Fires... vous 14 interational Arses, S.

Shipping

#37+

59

cct

Douglasze pomogn

Steamboa

Indos (prof.)

Do. (det.)

132/6 Shell.

19.45

29/0

$13}

IN

Waterbusca

Mising

Kuilang "S-TUOTTI)

11*441

:: 1

$1360

Venozania Gold Fide. se

Dacks, Wharves,

Godowns, etc.

H.K. & K, Wharven.| $1171)

#

Providens (olds... $2.25 3.30

$13.80

3117

$21

#

3126

12.40 19.30

$311

25 at

Do. (new)

H.K. & W. Looks

$ics

Shangani Ducks S.

Bui dings

·374

17.05 7.85

--

137

d. de...

#106

116

$3) New EngineeringsS.

凄まじ

I d 373

Lands, Hotels, and

.K. Hotels... set

Dv. 4% Dobeatures

Shanghai Landa....

Metropolitan Lands..

H.K. Realtiesis

China Dourði

Do. Debenturess. Humphreys

"16

18

་

34

330

16.90

$118

$93

815)

::

:i

310 INCREASED DIVIDEND

14.

£118

2151

£33)

2187

1881

!!!!!

$2.30

$31

$320 1830

$1.80 $988

1371

19

$35

139

132/6 $31

23j.

26 ola

$101

$3

7.90

(37) $101

#8.10

Public Utilitiam

Tramways *****

Do. (ue')...

Ysanati Ferries $27.10 d

Chins Lights (old)... 814.15 +14.85 14.82/90

Chinese Estates........

Cotton Mil

EWOR

5. 17

S'hat Cottowaruld)3.

$115

Do.

$9.

-31

Zoong Sing

$30

144

Wing On Textiles(5)

532

$16.80 $15

Punk Trams (old) ........

14

32

$881

Star Ferrios

1881

$271

$14,90

$13,10

14.60 F. P

Do.

{D6W)...

Fully Paid

3144

180

$80603/1

H.K. Electric ..****

$802

zd Fe

Macao dó.

3:12

Sandakan Liglita... Telepones (old) .......|

$31+

#13

$131 $13.80

27/8

$13.40 $164 16,10/

Do (now)... China Buses............. Tractiona

Dio. (prot......

Industrials

$18 Caldbook, ord.). F17Macgregor fipret..

Canton Lous Vements

Kupe.

Miscellaneous

Dairy Farmerm

Ch. Etainment $4.30

struotione, (old)

Do.

Nanyang Tobacco..

1

$2

$16.10 315.80 14.80/|15.10 16.80 | $6.75 1.5.00/5

$28.90

$1.00

32

$5.70

$26.00

26.90/26

24.0

$1.00

45 cts.

(W)

30

Laus Crawforda...

191

38

$2.70 $6.10

an →j 13

$2

$6.20

$1

96%

יון

premix prem. 1

360

Sinceres

S. O. Enterprisca ... Ch.G.6%1925G.Bds. HE, Govt. 4% Loans

Do.

34%

Wallace Harper...... H.K Wing O... S'ha

Do

Vibro Piling

*Sales to Shanghai

PHILIPPINE MINING

NEWS

The United Mines Associațion

47 cta.

The annual meeting, of share- holders of the Hong Kong "und" Yaumati Ferry Company was held on Saturday morning.

-The Chairman (Mr: Lau Tak-po) said: I have much pleasure in an- nouncing the conclusion of a suc- cessful working year, due to the Judicious conclusion of Important contracts for coal and supplies at very favourable rates.

The increase in receipts of the Company have been maintained and I feel that with a general im- provement in local trade condi- tions, the receipts will show a Your further increase for. 1937. Directors have therefore recoin- mended a slighter higher dividend of $1.80 on Ordinary Shares and $2.10 on the Preferential Shares.

The ferry vessel "Man Gok" was completed and put into operation during the year. The vessel has proved to be very successful both on the yehicular Service and on the Mangkok passenger service, and has enabled us to extend the Vehl- cle Service to 2 a.m. every Satur- day night."

Towards the end of the year, we reconstructed the Man Chung," one of our older double-ended ferry vessels and improved her stability and accommodation by widening the vessel by two feet. This im- provement was carried out by The Hong Kong and Whampoa Docks and effected without any loss of speed. As a result, we have con- tracted for the reconstruction and alteration of the remaining three vessels of this class, to be carried out during the current year.

IMPROVED AMENITIES During the year the Thus ter- minus at Blake Pler was moved to the Vehicular. Pler with beneficial results both to the Bus Company and ourselves. We have just con- cluded an arrangement with the Government for the construction

Prague

Montreal

Brussels

Yokohuma

Belgrade

Monte Video Rio

Bucharest

Süver (Forward)

Silver (Spot) ...... War Loan

20 15/18.

31102 9/16.

Closing Quotations

On LONDON:-

Telegraphic Transfer... 11/2 Bank Bills, on demand 7/32° Credits, four months'

1/2 1/32 dlight

ON SHANGHAI :—

On Demand

ON SINGAPORE:-

On JAPAN

On demand

On demand

O

IZA :—

Hon. Mr. J. J. Patamon,

T. E. Pearce, Esq.,

A. L. Shields, Esq.,

V. M. Grayburn," Esq.,

Chief Manager.

Paiping Panang Rangoon Saigon

Kowloon San Fran-

cisco Kuala

Lumpar Shanghai

Singapore

London

Amoy

April 3, 1937.

ON NEW YORK :-

Bangkok

Branches: Iloilo Ipoh

Bank Billa, on demand 201

Batavia

Johore

Credits, 60 days', sight. 201

Bombay

Kobe

ON BATAVIA:

Calcutta

Ou demand

64 13/16

Canton

ON PARIB

Obefoo

Bank Bills, on demand 057

Colombo

Credits, 4 month's sight 687

101

Ox Saloon:-

On demand ......

659/18

528

ON MANILA:-

Hamburg Muar

Ca' demand.

60%

Harbin Mukden

Taingto

ON BANGIOE:-

108

Oa demand

1.07

Hongkew

New York Yokohama

Bank Buying

1/23/32

103.

Telegraphie Transfer... Jell Bank, on demand..

THE SHARE· MARKET

Harriman's Weekly

Saturday, April 3.. Messrs. G. A. Harriman & Co's. weekly abare report and market review issued

states:-

at

noon to-day

A fluctuating but active market has ruled in Hong Kong throughout the past week with a very cor- derapie turnover taking place in

SOYEELIGNS

Bate

BAZ SILVER, per

H. K. STOCK EXCHANGE

SATURDAY'S OFFICIAL QUOTATIONS

The market was quietly steady, but business was on a restricted scale only. Cements came into demand again more. especially for

distant deliveries.

The Manila market improved

sharp'y during the morning, and

improvement maintained.

BUYERS

Hong Kong Banks, $1860. Bank of East Asia, $88+.: Canton Insurances, $320, Union Insurances, $8331. Underwriters, $1.55.

of more overhead shelter outside the Pier and for a reinforced con- almost all local shares Quota-closed steady, with most of the crete covered way-20 feet wide tions close below last week's best, between the pier and Connaught due to the inevitable profit taking Road. This will enable passengers to be expected after the Substan- to reach the pier under shelter and tal appreciation during March also provide a covered Bus Plat- The market, however, is a healthy

·fuetua- one and subject to form directly outside the pier.

tions, stocks look like rising fur- ther. The Manila market is sick and has failed to full, our ex- pections of improvement after the Easter holidays. It is

easy all the week and tinued current quotations are lower than The for many months passed. outlook, for the present, is un- certain. However activity in the local market has overshadowed the weakness in mining descrip- tions.

I wish to take this opportunity to thank the members of the staff both ashore and afloat for their co-operation and faithful service during the year,

'

Mr. Soo Hoo-yue seconded the adoption of the report and ac- counts. Carried unanimously.

The Chairman announced that dividend warrants would be avall- able on Monday morning. Mr. Li $104 Tung was re-elected Auditor for

1937.

3108

咳

$65

$74

вре

IP

THE EXCHANGE MARKET

MESSRS. ROZA BROS.

Saturday, April 3."

To facilitate the work on the Sliver prices were unchanged applied for permit from the securi- manganese properties,

gesterday, the quotations remain-

con-

..

con-

have continued Our utilities popular and many hundred, Hong Kong

changed Electrics have hands between 614 and $50) clos- ing. China Lights are a shade lower at $15 after sales down to $14.85. The New shares (now fully paid) have buyers at $14.50 Trams have been extensively dealt in from $15.80 down to $151, clos ing buyers. Telephones (old) are 31 and the 'new' $18.60. Sunda- kans Lights are wanted at $11.75 and Peak Trams at $4 Cements

ties and exchange commission to centration plant costing P75.000 ing at 20 for Ready and 20 15/16 end the

sell its shares to the public, it was announced last week. The firm,

capitalized at P500,090, is develop ing chromite, manganese and fron claims in Zambales and Camarines Sur. Fifty per cent of the au- thorized capital stock has been subscribed and paid.

The United Mines firm owns 64 chromite in Zambales claims of

and 54 manganese and 24 iron Claims in Camarines Sur, Develop. ment work on the chromite, and fron properties is gaining headway. Considerable amount of ore is blocked out and inquiries have been received by the association from concerns interested in buying the minerals.

STRIKERS RETURN TO WORK

Shanghai,

April 3-Several

thousand silk workers who have

been on strike were streaming back

Miguel Pajalte is the president of the United Mines Association The other officers are Jose Vidal, vice-president; Juan Marari, trea- surer; F. M. Gonzales, secretary: and

MARKET

week in active demand

at $15 and Ropes changed hands at $5.80 and $5.70. Dairy Farins have eased to $26.80 ex and Wat-

H. K. Wharves $117. Providents (old), $24. Raubs, $13.60,

H. K. Hotels, $77. Humphreys, $3.

HL K. Realties, $6. Fenk Trams,' (old), $41. Peak Trams (new), $1. China Lights (old), $14.09. H. K. Electrics,. $80... Sandakan Lights $114. Cementa, $15.40. Dairy Farms, $25.00. Ewo Cottons, Bh.$16.90. S'hat Cottong (old), Bh$118. B'hal Cottoni (new), Sh.$93. Constructions (new). 45 cta.

SELLERS

H. K. Docks, $324. Previdenta (old). "$2.40. H K Hotels, $7.95. H. K. Trams, $15. H K Eectrica. $60}, Telephones (old), $314. Telephones (new), $132. Cemenits, $154.

SALES

H. K. Wharves, $116.

Providents (old) $2.30. Raube, $131.

H. K. Hotels, $7.85. H. K. Lands Lands. $37. H K. Realties. 36.

China Lights (old), $15.10. China Lights (new) Fully Paid,

···$14.80.

H. K. E. Electies, $601/804/ Cernents, 315.10/151.

Dairy Farms, $26.90/$26.

Dairen Lyons Sourabaya Foochow Malacos Sungei

Patani Haiphong Manila

Tientsin

Hankow (Johore) Tokyo

ไ Current

BANGKOK BATAVIA BOMBAY

HAMBURG

KLANG

1 КОВЕ

KUALA

LUMPUR KOCHING

FELPING

SINGAPORE

· BITIAWAN BOURABAYA TAIPING

·FIENTOIN

- TONGKAR

(Bhuket) " TEINGTAO

YOKOHAMA

HANKOW.. (Paking) AMBOANGA

KARBİN

FINANG

HONG KONG RANGOON.

FORMIGN EXCHANGs and General Banking Business transacted,

CURRENT ACCOUNTS opened and FIXED DEPOSIrs received for On 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, and claims recovery of British Income Tar overpaid, oo terms which may be ascertained aå any of the Agencies and Branches.

A, BREARLEY,'

dianager.

Accounts opened in Local Currency and Fixed Deposits received for one year or shorter 1, periods in Local Currency and Sterling on torms which will be quoted on application.

.

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

HONG KONG SAVINGS BANK

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

For the Hong Konʊ & 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

2,776,796.76

1

[!

THE CHASE BANK

•

QUEEN'S ROAD CENTRAL

HEAD OFFICE:

18, PINE STREET,

NEW YORK:

An American Bank offering com plete Foreign Banking Berrios in the principal Markets of the world. Interest Bates on Application.

"

SAFE DEPOSIT, BOXES

Thi Bank is entirely owned by "THE CHASE NATIONAL BANK, New York, with Resources over U.S. #9,027,000,000.00

D. M. BIGGAR,

Manager.

THE XOKOHAMA SPECIE BANK.

SAIMITED

Capital (fully paid up)

Reserve Fund

Yen 100,000,000 OF Yen 132,650,000.00

HEAD OFFICE:-YOKOHAMA

BRANCHES AND AGENCIES ar: - Alexandria Honolulu Bangoon Bangkok Hainking Rio do Batavia Karachi Janeiro Berlin

San

Francisco

Profits

Kobe

HEAD OFFICE:-Hong Kong No, 10, Des Voeux Road, Central.

Bombay

Bondon

Calcutta

Los Angeles Seattla

Carton

Manila

Semarang

Board of Directors:-

Sir Shouton Chow, Chairman. Li Koon Chun, Esq. Li Lan dang, Eeg. PK. Kwok, Esq. WongChuson, Esq. Kaa Ying Pu, Eng. Wong YunTong, Esq. Chan Ching Shok, Eaq.

M

Kan Tong Po, L., Chief Maosgur.

La The Fong, Esq., Manager.

Amoy

Bomber

Branches and Agencies:—

Oxlondie Canton Haiphong Hankow Bonakin Robe

Kowloon

London

Mazlie

Melbourne

Bouzabay

Rangoon BestOW Baigen Bydney San Fran Talihaka

Karmaki New York

Osaka

Paria

adece Tenten

ملاعمدة

Tokra Урпромтор

Eaoghal Tokokaza Peiping Eingapore

Every description of Banking and Exchange business transacted. Loans granted on approved securities.

Current Accounta opened in Local Currancy and Fixed De posits received for one year or shorter periods in Local and Foreign Currencies on terms which will be quoted on application.

Safe Deposit Boxes To Lat.

KAN TONG PO,

Chief Manager.

MR. Y. SASAKI

Investigating Trade

Dairon

Moji Shanghai

(Dalny) Nagasaki Hingapore

Fangtien Nagoya

(Mukden) New York dydney

Hamburg Osaka Hankow Otaru

Harbin Paris

liong KongPeiping

Sonrabaya

Tientsin

Toky

Tsingtao

Vinko

Interest allowed on' Current Ar- counts.

Deposite received for Vized Perioda at rates to be obtained on application,

Y. KANO,.

Manager.

Hong Kong, 10th March, 1937.

THE TEXTILE CONFERENCE

Washington, Apr. 2. Two hundred delegates and ad- Visers, representing 23 nations, are International at the present Textile Conference, under the aus- pices of the International Laddar Office.

The main questions to be discus- sed include the reduction of the hours of labour to 40 a week, or a close approximation of 40 hours, and a search for means of increas- ing

textiles consumption, DÍ

throughout the world.

Each nation is represented by s Government delegate and repte- sentatives of employers and workers..

tor Forward. Silver advices re- will be erected on the manganeseported the market as being rea- reservation in Camarines Sur, it wireless. After the official fixing was declared. This plant will be India and speculators were buyers sons are just . Blaceres came in able to concentrate 50 tons of at the fixed rate. American Bliver for enquiry and were sold at $3 with further buyers at $2.90. En- manganese every day. Wharves was unchanged at 45% for Spot..

tertainments have keen buyers at and plers will soon be constructed

The London/New York cross-$4.35 ex dly. Hong Kong Hotels for the shipping of the ore, it was

rate was quoted at 489.42. New came under presure from pront- announced.

York/London was quoted at 489

Lakers, and large sales were effect- 21/32..

ed down to $7.85 cum. closing -steady at this rate. Lands touch- ed $374, but are now either side Dull but steady.

of $37. Realtys made $6.40, "but STERLING

close just sa buyers. Humphreys Francisco Oless, Major

There were sellers at 1/2 20/32 are wanted at $8.25. Ewos are Thomas A. Lynch and Sebastian

buyers at 1/2 very firm and after sales at $181 Ugarte,, members of the board of April/December,

ex close 8$18.90 ex buyers. Docks Mr. Bun Pú and Mr. Li Tal-chlu,

Viewing the recent rapid pro-. trustees. Earle W. Bedford is the 15/16 for any delivery..

have been quieter than for some secretaries of Mr. Wa Techen, ar-gress of China's light industry, consulting engineer.

U.S. DOLLARS A small business was reported the Dust, with small sales at $32. rived in Hong Kong aboard the Japan seems to be altering her way

Wharfs continue In demand at President Jackson, to prepare for to cope with the growing competi- Japan. at 30 7/16 for near delivery. The $117 and Providente (old) have the new Kwangtung Governor's tion by bettering the quality of China is represented at the market closed with sellers at 301 been very active between $240 arrival" April/July, buyers at 30 7/16 for- and $2.30, closing buyers at the forward and probably for near lower price. Providents (new) sold delivery

at 20 cta. Douglas's are marked up to $37. Steamboats dipped to at $61.

Raubs are firm at $134 and New Goldfields" of Venezela are wanted at $81.

SINGAPORE RAW RUBBER

B. B. JOSEPH & CO.

Hong Kong, April 3.

Messra H. B. Joseph & Co., re-

to work to-day as a result of inter-ceived the following quotations vention by the Chinese authorl-

tjes in the dispute.

Greater The Municipality of Shanghai has guaranteed strikers

a ten per cent. increase in wagen.

. About 5,000 cotton mill workers who joined the silk strikers a few days ago are still out

fiester.

SHANGHAI DOLLARS

A small business was reported tram Singapore in Straits Currency at 101 15/18. There were sellers tor Raw Rubber“

at 101 15/16, buyers at 102 for cash.

A

Spot

Buyers

444 Down i 441 Down 1

;

451 Down 14.

SHANGHAI MARKET May-June July-Sept.

There were sellers of Sterling at Oct-Dec.

45) Down 1} 1/2, buyers at 1/2 21/32 for cash. Market-No Improvement Ap-U.S. Dollars sellere, at 29, 13/18

April. buyers at 291-for cash parent.

Insurance shares keep very steady Unions are again higher at $835 salés, cum dividend, Hong Kong Fires are a shade lower at $285 ex, Cantons are $426 buyera, Hong Kong Banks are $1880 bid

The Governments represented include Great Britain, America, Canada, France, India, China and

her mercandise instead of nooding Washington Textile Conference by the market with her cheap goods. the Counsellor of the Chinese The recent arrival in the Colony Embassy, Mr. Zaung Te-hing, the after transactions, at $1865. Bank of Mr. Yoshihiko Sasaki, resident employers by Mr. Kanyo Nich and of East Asia have firmed to sas representative for the Tokyo Com the workers by the chairman of mercial and Industrial Museum, the Shanghai General Labour p Philippine mining. The Manila (may be a sign of this tendency Union, Mr. Hsueh Fan-chu- Liat a lower all round, Ban In an exclusive interview with Reuter Mauricios are $3. Demonstrations the "Daily Press," he said that soid #1 $1.37 Northern Mines at besides his work of trade Investiga- Zeeds of Hong Kong merchants

tion he wished to seek every poss- who seek best, quality goods... 15 cts and Bayoes at 51 cts.

bility of marketing Tokyo's highMr Sasaki who is residing at Autamoks have declined to 2.

grade goods in South-western Asia No. 45-B Peking Road, Kowloom, Concluding comment:

and South Bea regions, as well as Tel. 50912, will be pleased to supply Kong market, Botave.

to offer tree assistance to the full particulars on application. market weak.

Hoby

Manila