1937-04-14 — Page 12

Daily Press 孖剌西報 All

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Sharebrokers'

Association

L

E

Hallern

Salam Nominal

TUESDAY. APRIL.

Buyer

Pallere

13.

Banks

HONG KONG DAILY PRESS WEDNESDAY, APRIL 14, 1937.

H. K. STOCK EXCHANGE

AND

H. K. SHAREBROKERS' ASSOCIATION

Gold Mining

Philippine Gold

13th April, 1937

Quotations

BANKS

HONG KONG AND SHANGHAI | THE CHARTERED BANK OF INDIA

BANKING CORPORATION

Authorised Capital $50,000,000 Issued & Fully Paid-Up $90,000,000 Reserve Fundā :---

Starling

Hong Kong Currency.

Beserve

Reserve Liability of

AUSTRALIA AND CHINA · Incorporated by Royal Charter, 1834

HEAD OFFICE: LONDONU,

£8,500,000 paid-up Capital...

$10,000,000 Reserve Fund.....

Reserve" Liability, of Pro- prietors

188)

1630

32.15

Time Received

clos.

2.48 9.63 10.08 10.20 19.35 10.50 11.08 2.39 2.4 3.03 3.21 3.39

11.00

G. Miskin, Esq., .*

Hon. Mr. M. T.. Johnson,

(ULCETTÄ XUALA

Deputy Chairman. | CANTỌN

K. S. Morrison, Esq.,

CAWAPORI

CASU COLOMBO

DELEJ

HAIPHONG

MEDAN

NEW YORK

HOURABAYA TAIPING TIENTS IN

(Bhuket)

TRINGTAO

[$1 665]

2118 £15

CET

LIBE

H.K. Banks

vo. (London)

Chartered Banks

Mercantile BKK "A"

Do.

"O"

Bank of East Asia...

N. U. & S. Barks

Insuranceg

$1.60

3:ཀླི;

$390

Canton kusarançon.... | $315

Union Insurancës ...

Underwriters

$1.80

$165

H.K. Fires punkterej

$280

$41

International Assom, di

Shipplag

$35

Douglass

Steroibondemnerstan

$25

Indos (pref).

150

Do. (def.)

18

3116 $2}

1/11/10) Shelia 20

0,45 Wator hosts

Mining

$1/6 Kailans

$13,70 Bauskas

125 ct. *#39

$109

Venezuela dold Fids. Sof

Docks, Whares,

Godowns, etc.

H.K. & K., Wharves.

Do. (new)

K. & W. Docks

Shangnai Ducks" 6. New Engineering.

T⠀⠀ ⠀ ⠀⠀⠀⠀⠀⠀

31,840

2156

£18]

19th Apr.

Closing 9.48

Raton

B. 8.

$88

121

A atamoka

i..1.20

1.16

1.25

1.20

Atoka

31

31 32)

1830

Baguio Gold

29

2929

ཋ | |

Benguet Consol

... 11.75

11.50 12.00 11.76

Bepgunt Explor Big Wedge

11

ave

13

201 221

438

Cooo Grove....

67

38 57

£3.009.006 £3,000,000

23.000.000

Proprietors

.....$90,000,000

clos

Head Offles:~~HONG KONG

Agencies and Branches:-

Board of Directors.

ALOE STAR ILOILO

1208 AMRITSAR BANDIOX KABACKI

BAIQOM

BEMARANG

KEREMBAN

1

BATAVIA

Chairman.

ROMBAY

XLANG KORE

SHANGHAI"

BINGAPORN

BITIAWAN

LUMPUR

J. K. Bousfeld, Esq.,

A. H. Compton, Esq.,

S. H. Dodwell, Esq.,...

J. B. Masson, Esq;

KUCHING

HADRAS

MANILA 11 TUNGKAH

19

Consol Mines

.032

030...039

.031

$35

$50 113/0

Demonstratious

.77

78

E. Mindanao

261 28

20

901

95)

!!!

!!!

21.6

$13.60

ILL

Maabates

G. Goldfields

Itogons...

16

16 ∙184

ata

... "1.15

1.10 1.15

1.15

14

1.10

77

75 80

76

79

34

33)

34

33 33

Amog

Min. Resources

Northern Mining 08 10

28

·97 **

11.

Bangkok Ipak

07 10

08

Batavia

Johore

$110

Paracale GumaUS ... · BB

56 61

57

Bombay

Kobe

'rosidents (old 19.15

30 ata

San Mauricio

18

1.80 1.98

1.95

$304

Suyoo Consol

38

***

37 38 38 371

1.90 1.65..

37

Calcutta

1.80

Canton Chefoo

$101

United Paracales

60

65

66

68

85 64

Colombo

cisco

Lumpur Shanghai

London

13

Market Comment,

Q

Uncertain S

S S

8 Efor E E E E

E E

Lands, Hotels, and

But dings

17,05

it,K. Hotels2444 201

37.70

1361

1.K Lands...................

1307

#105

Do. 4% Debentures

#102

Shanghai Land...S.

10

Matropolitan Lands,

HE, Realties......

14

14.

China Do......8

$80

Do. Debenturess.

Humphrey. ............

$9.10

374

· Chiness," Estates................

Cotton Mili

$120

$16 $190

Do. (now S.

131

Zoong Sings.

863 $30.

544

Wing On Textilas{~.)

354

Pablis Utiliti

$14.60

$10) Ewo ...

S' Cottons{uki;5.

Tramways

Fosk frau (ald).....

..Do.

{OW...

Star Ferrien pan Yaumati Farrios....

"{DOW)...

15.40 Comenta

iii.

1170 (now)...

H. K. STOCK

EXCHANGE

www.

YESTERDAY'S

OFFICIAL

QUOTATIONS

The market was duli, and very quiet, business being on a restrict- ed scale. Trams and Electrics, 415.10 however, at $15 and $60 respective-

17, remained steady... ${

The easier trend in Manila noted yesterday, was accentuated this $25 afternoon; rates were generally lower, following on steady advices received throughout the morning. BUYERS

Bank of E. Asia, $384. Union Insurances, $830, HK Wharves, $115). Providents. (Old), $2.15. Humphreys, $9.

HK. Trains, $14.80. Peak Trams (Old), $44; Peak Trams (New); $100. H.K. Electrics, $59). Sandakan Lights, $113.; Telephones (New), $12). Cements, $15.20.

187

$16 $14,70

China Lights (old)....

$87

$14.8.

Do.

314

#691 4801

H.K. Electrica *****|

459 100

$18

Macao do.

Saintakan Lights ...

130

Telophones (old),...

$301

$121.60

Úo.

101

China Buses......

27/0

Tractions

50/6

97-

Do. (pref.)......

.

Industrials

$10

Caldbock, jord.) 8.

017

Macgregor (praf.)B.

Canton Iosa....

$6.35 35.46

Ropes

315.40 75.30

Miscellaneous*

Sibt

Dairy Farmoni

$25

***

14.70 $1.80

Ch. E'tainments...... 34.56

Constructions; (old)]

Do.

[HOW)

Lane Crawfords....

19

4.

Star Ferries, $87.

13.10

13

$5,80

Watsons

36

China Lights (Old), $14.70.

8. C. Enterprisen

H.K. Electrics, $60).

98%,

CL.G. 5210254.9Bdk

96%

Cements, $15.40.

prec. 82

HB. Gori. 4% Loans

$108

H.K. Ropes, $5.45.

prem. 111

Do 31%

SALES

24

Wallace Harper.....

$50

H.K Wing On

S'hai

372

Vibro Piling...

$61

28/

Maremans Inv. (Lon.)

7/6

40 ota, Wm. Powells

(H.K.)

Nanyang Tobacco..

Sincere

*Bales to Shangbai

PHILIPPINE MINING

NEWS

Development work carried out by the Universal Exploration, and Mining Company on its property in Maliit, Camarines Norte, during 1936 met with encouraging results. the annual report of the company states. Folke H. Kihlstedt, super- vising engineer, states that the possibilities of developing. favourable mine are very favour- able.

The year's work, in brief, con- sisted of, the following:

The Main shaft, together with work closer to the surface in that part of the claims, was closed down and temporarily abandoned about November 1, when conclu- sive results were considered to have been reached.

The Moisson winze was also temporarily abandoned at the same time, due to excessive water How..

Universal increased 103 au- thorized capital during the year from P400,000 to P600,000. The balance sheet as of December 31, 1936 shows that the company has P107.726.33 in cash. Its current abilities on that date were PT,- 505.84.

The directors of the company are John Gordon, president; A. G. Bellis, vice-president, C. M. Cotter- man, H. J. Belden, and John D. McCord.

BUFFER POOL PROPOSED

The re-establishment of a' but- fer pool for tin is suggested by the Telegraaf." Such a pool, which which should be a big, one, would have a preventative and a repressive influence on speculation, though its dangers should also not be underestimated.

Prospecting and geologic map ping revealed better possibilities in the line of claims from Pefia to Veda and after preliminary min-be considered as a reasonable stock

unanimity There should be among producers as to what is to

FX. Ropes, $5.40.

S'hai Cottons (Old), Sh.$120. S'hai Cottons (New); Sh.$93.

SELLERS

H.K. Lands, $38.

H.K. Banks, $1,883, Underwriters, $1.60. .H.K. Trams, $15.

HK. Electrics. $80.

Dairy Farms, $251, Antamoks, $1.98.

Benguet Consol, $19.40. Demonstrations, $1.241/-4. Itogons, $1,90.

San Mauricio, $3,21:

United. Paracales, $1.10.

LONDON EXCHANGE RATES

(British Wirelsen Service)

140-7/18

April 8.

April 10

107 25/64

109-5/16

Paria

21.524

31.54)

Geneva

12.17

12.194

Berlin

Athens

93 1/16

931

Milan

Copenhagen

Stockholm

Shanghai

New York

480 5/18 8.914

4.90 8.95

Amsterdam

Vienna

140 7/16

Prague

Madrid

Lisbon

“Hong Kong

Bombay

Montreal

29.081

4.887

29.09 4.89)

Brussels

..Yokohama

214.

Bégrade ....

Monte:Video

Rio .....

Silver (Forward).

Bucharest

Silver (Spot) War Loan

On Lornow:-

670

21

21 1/18

34% 103-1/16

Closing Quotations

April 13, 1837.

Telegraphic Transfer... 11/9 Bank Bills, on demand/27/39 Oredita, four months'

right

ON SHANGHAI:---

On demand

On JAPAN:-

ON NEW Your {—

670 20-15/18 31

Bank Billa, on demand 301 Credits, 80 days' sight, 30

On Batavia :---

. On demandi

On Panti

Bank Bills, on demand 677 Credits, 4 month's sight 704

On Batcom -

Hon. M. J. J. Paterson,

T. E. Pearce, Esq.,

A. L. Shields, Esq.,

V. M. Grayburn, Esq

Chief Manager.

Branches: Iloilo Peiping Penang Rangoon Saigon

Kowloon San Fran- Kunts

Singapore

Dairen Lyona Sourabaya Foochow Haiphong Manila Patani Hamburg Muar Tientsin Hantow

Maison Sungei

Harbin

(Johore) Tokyo Mukden Tsingta Hongkow New York Yokohama

HAMBURG PRIPING

KAHEDW

HARBIN

TOXGHAMA

(Paking) KamBOASJA

HONG KONG BÀN GOON

FOREIGN Exchange and General Banking Business transacted.

CURLINT ACCounts opened and FIXED DEPOArrs received for One Year of shorter periods at rater which will be quoted on applica tion.

..

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

A. BREARLEY,

Manager.

Current Accounts opened in Local Currency and Fixed Deposits received for one year or shorter 1 periods in Local Currency and Sterilor on terms which will be quoted on application.

Also up to date Safe Deposit Boxes in various sizes To Let.

Hong Kong. 12th April, 1937.

HONG KONG SAVINGS BANK

TH

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

For the HoxG 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

Razorte and Undivided

.. Profits GEDALIZUOTA

6,596,400,00

2,776,796.78

HEAD OFFICE-Bosö Kozo No. 10, Des Voeux Boad, Central.

Board of Directors :—

Sir Shouson, Chow, Chairman Li Koon Chun, Esq. Li Lan Sang, Esq. P. K.Kwok, kaq. WongChuSon, Faq Wong Yna Tong, Esq. Kam Ying Fo, Esq. Chan Ching Shek. Esq. -

Kan Tong Po, sq., Chief Managari

1/3 1/32

On Demand

1013

ON SINGAPORE:---

On demand

87

531

ON MANILA-

On demand

601

106

ON BANGKOK-

Li Tse Fong, Esq., Manager.

On demand

140k

BOTEZIONE Biak Buying

Rate

4/231/38 21 1/36

Amoy

Batavia

London

Boobay

Manila Salgun

Bydney

Ologia

Saiphong Bachow

Melbouras Ban Fran Magndak!" New York BRACE

Tidboka

On demand

On India :---

Talegraphic Transfer Bank, on demand.......

STRAITS OUSTS

CEYLON COPRA

H. K. SHAREBROKERS' Consumers Prefer

ASSOCIATION

BUYERS

Canton Ina., $315. Providents (Old), $2.10. HK, Docks, $294. Lands, $35). Humphreys, $9.20. Trams, $1170. Ropes, $5.35.

Entertainments, $4.50. Constructions (New), 45 cts. Nanyang Tobaccos, $84:

SELLERS Underwriters, $1.50. Providents (Old), $2,20. Hotels, $7.7O. Trams, $14.90, Telephones (Old), $30.

HALES Providents (Old);` $2.26. Electrics. $60.

SINGAPORE RAW RUBBER

Cheaper Qualities

BAR BILTER, per ca

INACTIVE GOLD FUND

Honolula Kabe

Branches and Agencies :--

Kowloon Pang Boumbaye

Banyoon

Plantaa

Tolye

Beg Vancouver Shanghai Tokahsas Priping Singapore

Pari

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

Intention To Abolish securities

Denied

Copra prices have steadied and

New York, April 13. the large consumers have again Early action to abolish the in- appeared in the market, writes a

active gold fund is expected in Home correspondent. Business a well-informed quarters in Wash- been done in Straits 1.m.a. to the Continent at £21 5a. per ton, and ington, says the "Journal of Com- consumers in other, countries have merce" while other arrangements purchased D.EI. fms. copra from would prevent the renewed expan- 220 15s, down to £20 58. per ton.sion excess reserves.

A moderate trade, has also been The re-establishment of the open done with Marsellies.

Current Accounta opened in Local Currency and Fixed De- posits received for one year or shorter periods in Local and Foreign Currencies on terms which

Safe Deposit Boxes To Let.

KAN TONG PO,

Chief Manager.

EXTRA MANILA CLOSING QUOTATIONS

THE CHASE BANK ·

QUEEN'S "ROAD CENTRAL HEAD OFFICE: -

18, PINK STREET,

NEW YORK.

An American Bank offering com

plate Foreign Banking Barvice, in the principal Markets of the world.

interest Bates on Application.

SAFE DEPOSIT BOXES

This Bank, is entirely owned by

THE CHASE NATIONAL BANK, Naw YORK, with Resources over U.S. $8,087,000,000,00

D. M. BIGGAB,

Manager.

THE YOKOHAMA SPECIE BANK

JAMITED

Capital (fully paid up)

Reserve Fund

Yen 100,000,000 00 Yen 132,650,000.00

HEAD OFFICE-YOKOHAMA

BRANCHES AND. ÁGKHOLES *t:' Alexandria Honolulu

Bangkok Heinking

Karachi

Batavia Borlin

Kobe

London

Rangoon

Rio do Ce Janeiro

*San

Francisco

Semarang

Bombay Calcutta Canton Deiren Moji Shanghai

(Dalpy) Nagasaki Singapore Pangtien Nagoya "Soerabaya

(Milzan) New York Sydney Hamburg Osaka

Los AngelesSeattle Manila

Tientsin

Haskow Otard Tokyo

Paris

Harbin

Tsingtao

Tinkow

Hong KongPeiping

Interest allowed on Current Ac counts.

Deposite received for Fized Periode at rates to be obtained on application,

Y. KANO

Manager..

Hong Kong, 10th March, 1837.

A CORRECTION

Dear Bir-With reference to the Annual Meeting of Shareholders held at the Company's office yes- terday. I notice in your newspaper this morning that, in reporting the Chairman's reply to Mr. W. E Kirby regarding the sale of the ́a.s." "Lungshan" and Bul An,” you quot¬ ed him as having said that the purchase price was $225,000.00,

I shall be obliged if you will 'cor-") rect this statement in your next la- sue. What the Chairman actually stated was that, included under heading "Sundry Debtors," there was an instalment of $225,000.00 which, was due in respect of the 000 sale of the "Lungshan" and "Sul .10

Atu"

Yours faithfully,

Dm.

Hong Kong, April 13. sold market, adds the Journal, is

Extra Manila closing quotations Btraits. f.m.s. copra still stands understood to be receiving wi

ngures kindly, supplied by Messrs, at a fair premium above DEI creasingly favourable attention. Ellis and Edgar. Ima copra, in consequence of the A later message states that a slightly oversold position of Straits Treasury officials daily denied Associated Mines copra. D.EL shippers have been the reported Intention, to abolish Acoje Mining selling regularly and dealings are the inactive gold fund or to re-l'Angelo. now proceeding on a more steady establish the open gold market Dulong bask that has been the case in Reuter. the last two months.

Messra. Frank Jehr and Co. state, in their report dated March 15, that an interesting feature recent A. B. JOSEPH & CO. ly bas been that offers from Cey

Hong Kong, April 13, lon have again been made at Mesars H. B. Joseph & Co., remarketable prices

This is the first time for eighteen ing work proved this possiblilty a and price level. At present this cetved the following quotations three-compartmentshaft was problem can be more asily solved from Singapote in Straits Currency months that business in this grade sunk on the Vienna traction.

than a few years ago, when the for Raw Rubber: Prepminary exploration work in price was not remunerative, to was started on the Teddy Nhe Netherlands Indian tim pro-

3 all producers veln system; which includes the Veda fraction: In-addition to the ducers have always bean and still above work, outalde prospecting seem to be advocates of such a was carried out, on various claims. pool

Spot

May/June July/Sept. Oct./Dec.

Market:

Buyers

351 Down 21 391 Down 21 401 Down 21. 401 Down 21

.00*

.00€

.15

.13.

125

115

.135

Gold Creek' Ipo Gold

Gold River Mother Lode

175

175

22

.00%

Ung.

2045

046

14

.013 .012

23

215

10

18

Ung.

Universal Expl.

and DEL Ama sopra, so that the galacot majority are not keen on paying Paracale Gold a higher price for the better qua-Batong Buhay

The outlook of the market in Bued decidedly healthy, since the quan Dayaka of the produce has again been uty of unsold cours for near ship Crown Mines

the Mambulso practicable, but it is peculiar inent is very limited feature that Ceylon shippers are good progress made by the French Syndicate Invest.

exchange Tinagao int meeting with poor demand, 34.con- Treasury 10 pyezcoming

facilitate Banta Rosa sumers who used to depend on the dimculties, la bound to

ment of regular Mine Operations Ceylon commodity have since. ba the come accustomed to using Straika trade with Mar

HL DA LUZ, Secretary.

Hong Kong, Apt 13, 1937.

CHINESE INTEREST

Montreux, April 12.

Chinese interest in the abolition

of the capitulations accounts and Its parallel with extrality is shown by the presence of Mr. Quang, first

secretary of the Chinese Legation 09 in Berne who did not ask for Unq zoficial recógnition but following [0475 4075 the proceedings did so in s personal

capacity Quiet stendy. Essy. „Reuter

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