J. R. Mason, Esq.,
E. S. Morrison, Esq.,
Hon. Mr. J. J. Paterson,
T. E. Pearos, Esq.,
A L. Shields, Esq.,
V. M. Grayburn, «Esq.,
Chief Manager.
Branches: Iloilo Peiping Ipoh Johore
HAIPHONG
HANKOW
HARDIN
NEW YORK · TRIFOTAO
PRIFING
(Peking) KAMBOANGA - PRIANG
RONG KONG BANGOON
FOREIGN EXCHands, and General Banking Business transacted."
12
DAILY SHARE QUOTATIONS Hong Kong Stock Exchange
1*111 FLE
$117
ii
141
31.10
197
SKJA Nominal
Sharebrokers'
WEDNESDAY. APRIL 14.
Bauka
$685 ELK, Bauks £118
$33
Association
Bayars
********* 31,20S;
20. (London) ... Chartered Banka... Mercantile Bks. "A
Do.
Bank of East Asia....
F. C. & S. Barks ....
Canton kusarmugge....
....” Insurances
$890
1630
$1.90
3285
8.K. Fires
$25
Unjon Insurance ****
Underwriter
Luterantingial Anson, S.
spyping
Dougies
Steambo
145 Ladge (prof.)
100
Do. (af)
0.45 Waterho
11/8
alining
Kallan
Tepesugia Gold Fid. Docks, Wharves, Godowns, etc.
$115 H.K, K, Witarves.
25 sts. #301
Provideots (old - $2.10 Do. (now}}
H.K. & W. Dou
3.02 Shaigus Docks S. $3 New EngineeringsS.
Lands, Hotels, and
17,65
1361
$105
$15
BIG
180
574
bul dings
H.K. Hotels
Du. 42 Debentarea Shanghai Lands.#9. Metropolitan Lande..
H.K, Realties.........
China Domu............əz
Do. Debenturess.
Humphreys 9.10
Chincas Katak Land......‚”‚
Cotton Mil
$16) Ewo************
S'hai Cottontula,5.
Do
Wing On Textiles(S.)
31
Zoong Siugs...
144
115
Public Utilitiew
Tramways..................
Pong Trama (old).....
Da
Star Forries.........
Yaumati Ferries
JUPER JU DA!!
Sales
Martina
HONG KONG DAILY PRESS, THURSDAY, APRIL 15, 1937,
H. K. STOCK EXCHANGE
AND
H. K. SHAREBROKERS' ASSOCIATION
Philippine Gold Mining Quotations
Aglamaks
Atok's
Baguio Gold
Benguet Consol
Banguet Explor
.029
i| } ། | ། ༄། སྨྱབ་ལཝ
| | | | 84 | 8121281818
! # | } ! 23g 「 2 「 | & | སྩ।g|
宮
14th April, 1937
331 2161
13th Apr. Closing Ratee
Time Recaived
B.. S.
clos..
elos.
9.45 9.45 9.55 10.11 10.21. 10.38 10.52 11.09 2.40 251 3.04
3.24
2,35
188
... 1.16
1.10 1.20.
$316
141
31 324
29
30
1830
374
20
20
21
$1.60
... 11.60
11.00
11.75
3285
Bid 11
Unquoted
Big Wedge
***
21
20
91
***
138
Coco Grove
55
55
59.
T
19
$35
Consol Mines
.030
.029 .030
.029
50"
Demonstrations
LA
72
50
{113/1}}}
E. Mindanao
***
26
841
28
100
**
G. Goldfields
13
13
1412
21,6
Itogona
1.10
1.00
1.30
$13.80
501
I. X. L.
75
72
74
Masbates
33
32
Min. Resources
27
37
Northern Mining Paracale Gumsus
33
54
Bar Mauricio
1.80
1.70 1.75
Buyoo Consol
Ja
37
38 38
United Paracales, ...
84
01 63
B
帶
H. K. STOCK
3116
$2.15/90
30 ata.
***
$89.00
ZENEK. ... mi⠀
---
$101
3
$7,70
$300
$101
3161
3 บ
202
Market Comment.
30
081 108) 09)
29
1.78
38+
62
12
1.8
36
BANKS
HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION
Authorised Capite $50,000,000 Issued & Fully Fäid-Up 820,000,000 Reserve Funds:
Sterling
Hong Kong Currency Rasarvester
Reserva Liability of
Proprietors
' י
£6,000,000
AUSTRALIA AND CHINA' Incorporated by Royal Charter, 18ST
HEAD OFFIDE: LOBUDN.
$10,000,000 Reserys Fund.
prietare
PALA:48 GABİERÍ....
£3.000.000
€3.000.000
Reserve Hability of pro-
$20,000,000
43.000.000
LIGON
Head Ofog-HONG KONG
Board of Directors.
Chairmas.
Agencies qud
ALOH STAR 11g|lu|anche
AMRITSAR IPOR ΒΑΝΟΣΟΥ KARACHI
BATAVIA KLANG
KOBK
... SEMARANG
BERIMBAN
› SHANGHAI
BINGAPOR BITIAWAN
G. Miskin, Esq««.
Hon. Mr. M. T. Johnson,
BOMBAY CALOUTTA
Deputy Chairman. CANTON
J. E. Bousfield, Esq...
A. H. Compton, Esq.,'
8. H. Dodwell, Esq.,
CAWEPORT
ABU.
COLOMBO
KUALA
LUMPUR KUCHING
SOURARATA
TAIPING
MADRAN
TIENTRIN
MANILA
TONGKAR
DELHI
MEDAN
(Bhuket)
Amoy
Bangkok
Batavia
Bombay
Calcutta
Canton
4.
Kowloon Kuala
Chefoo
60
Galombo
Dairen
Elier E
Foochow
Haiphong Manila
W W S'ior $ S S S S Eier Q
LONDON EXCHANGE RATES
(British Wireless Service).
$30
EXCHANGE
YESTERDAY'S
OFFICIAL
QUOTATIONS
The market continued dull, and buyers for the most part reserved. with Cements changing hands at $15.10, Lights at $144 and Ropes at $5.40, Electrics and Telephones (New) however.
continued retch $80 and $12,60 respectively. Buyers of Dairies at $25 found no sellers at that level.
Shanghai
354
April 10
April 13
109-5/16
Paris
21.542
109-81/64 21,53
Geneva
12.194
12.201
Berlin
Athens
931
931
Milan
Copenhagen
Stockholm
1/21
4.90
4.001
NewYork
8,95
8.06
Amsterdam
to
Vienna
140-7/16
140-9/16
Prague
Mudria
Lisbon
Hong Kong
Bombay
29.09
Montreal
Brussels
489)
29.12 4.901
Yokohama
Belgrade
Monte Video
R10
Bucharest
Silver (Forward)
$147
(new)...
--
$87
$235
$140
$60
The Manila market continued Its decline.
BUYERS
$30
Chine Lights (old)... $14.50 $14.70
Harbin
Current
HAMBURG
YOKOHAMA
#!
$14.70
5141
Do. (now)...]
160
H.K. Electrics
18..
Macao do.
Sandakan Lights ...--|
$30
Telephones (old) ...
Do. (new)
50
39)
China Buses......B.;
27/6
Tractions
2016
27/-
D6. (prof.)
Industrials
$17
$15.30
25.35
45 C
3 : : : : : !!⠀⠀⠀⠀⠀⠀⠀
$201
14.70
--
$101, Caldbeck, jam) 8.
Macgrogors (pref.:8.
Canton Icos
Cements....
Kupes.
Miscellaneoux
Dairy Farms
Ch. Etainments......
$1.60 Constructions, (old)
Do.
(new) 45 ote
Lane Crawfords...
Nanyang Tobacco.. | 8.70
Binceros no a
Watsons MI
S. C. Enterprises ... Ch.G.5%19250.9Bd
LOVE, 4% Loss!
HK. pren.
Do. 31%
Wallace Harper HLK Wing Ou
100
$3
i i
$16.41
#6.35
Bank of East Asia. $881.
Underwriters, $1.45.
Providents (Olä). $2.10.
Humphreys, $9.
H.K. Realties, $57... Peak Trams (Old), $4.
Peak Trams (New), 31.10. Sandakan Lights, $11 Telephones (New). $12.50. Cements, $15.
H.K. Ropes, $5.35.
321
Dairy Farms, $25.
Shat Cottons (Old), Sh.$117.
S'hal Cottons (New). Sh. $92. Constructions (Nef), 45 cts.
SELLERS
Star Ferries. "$87.
Cements, $15.30.
SALES
Underwriters, $1.45.
10
13,10 85.80
$5,80
98%
"}
20%
%
TUB
prem.
China Lights $14.
101
H.K. Electrics, $60.
150
B'ba
Vibro Piling
172
28/8 Maramans.Inv. (Lon.
7/8
1:40 cla
Wm. Powells.
(E.K)
*Sales to Shanghai
PHILIPPINE MINING
NEWS
The annual meeting of the Gold Wave Exploration Company was held recently at Fleming and Willamson office, Soriano build- Log, Manila.
According to a statement issued by Mr. Schwab, development work on the firm's property is going on smoothly except at the Q. B. tua- nel where the appearance of hard rock has slowed down hand drill- Ing. However, a softer formation is expected to be reached soon, so
Telephones (New), $12.60.
Cements, $15/15.10.
H.K. Ropes. $5.40.
United Paracales, 51.01.
EXTRA MANILA -
CLOSING QUOTATIONS
י
Hong Kong, April 14.
Petra Manila closing quotationa Ogures kindly supplied by Mearts. Ellis and Edgar.
4.
Associated Mines Acoje Mining Angelo,
3.121. p.m
008 .000
.12
vein can be cut to a depth of 1- Dulong 000 feet, with 1,500 foot drive Gold Crock according to Mr. Schwab.
Ipo Gold
The latest addition to the facili- Gold River ties of the Gold Wave Explora-Mother Lode tion is a crude all bodega built at Paracale Gold the camp site. A half-inch pige salacot
line 540 meters long, delivers the Batong Buhay cll to the compressor house and Universal Expl. assay office.
that drilling can be done at a H. K. SHAREBROKERS'
much faster pace. The O. B. tun- nel has reached a distance of 283 feel.
In the meantime, the Tilley tun- nel has been opened and re-tim- distance of 270 feet. bered to a The five feet in width, that show- ed a $5 assay, will be drifted on to the north for another 50 feet. To hasten the work, a new track is being laid in this part of the property
The inain south, cross-cut delve tunnel has been cut to a width of two feet at right angles to the drive; the vein here assays only 60 cents. Another vein, cut ́two and a half feet, assayed as high as £1.00.
Better values are expected from the Bam veln, which will be cut soon. From this level, the O. B.
ASSOCIATION
BUYERS
Lands, $36.
Humphreys, $91. Trama, $14.70. - Peat Trams (Old), $4). Peak Trams (New), $1.10. Ropes, $5.30.
Wing On Textiles, $60, Wing On (Shanghai), $100.
SELLERS Telephones (New), $12.70. Cements, $15.20. Ropes, $5.40.
SALES Providents (Old), $2.15, H.K. Docks, $291/£. Trams, $14.80. Northern Mines, 144 cts.
.12 .12 .11 .101
.16
.21
.173 21
OS .05
Unq
.15 .15 .045 .045 .012 ..011
.10
.21
Bued" Dayaka
.21
20
.15
145
Crown Mines Mambulao
125
.125
Una.
Syndicate Invest.
:09
Tinagao
.16
Santa Rosa
.445
Mine Operationa
.09
,16
..045
Unq, Weak
SINGAPORE RAW RUBBER
Silver (Spot) War Loan
On LONDON:---
OTO
20-15/16 21
211
21 31% 1021
Closing Quotations
April 14, 1837.
Telegraphic Transfer.. 11/2 Bank Billa, on demand 27/32 Credits four months'
sight .....
ON NEW YORK-
Bank Billa on demand 30 5/ 6 Credits, 60 days' sight. 3011/16 ON BATAVIA-
On demand ON PARIS:-
BUA
1/3 1/32
.................101
Bank Bills, on demand 680 Credits, 4 month's sight 705 ON SAIGON:-
On demand .....
€74
B2A
OF MANILA-
Oo demand.
...ísinn... Ell
On demand.
106
OF BANGKOK - On demand
1498.
ON INDIA':-
Telegraphie Transfer..." Bank, on demand....................
Jor
1/231/39
ON SHANGHAI:-
On Demand ОК НІКОЛРОЗ:
On demand On JAPAN:-.
SOVERZIGNS Bank Buying
Bato BAR SILVIE, per ou de... 213
Conclusions Of Raw Materials Committee
The Committee for the Study of Raw Materials has "concluded its work and the report contains two decisions upon which the members of the Committee were agreed, and. then enumerates a number of questions brought up by different members in the discussions...... ás having an important bearing upon the problem of raw materials. No conclusion was reached with regard to these questions, but they will be considered further when the Committee meets again late in June.
The members of the Committee had of course spoken in the de- bate as experts, not as representa- tives of their countries.
The points upon which they re- corded their agreed decision are Interesting. The first was that any study of the accessibility of raw materials to be adequate must not be limited to consideration of the raw materials for industry, but must include also foodstuffs and . . JOSEPH & CO. fodder for animals. As a begin
Hong Kong. April 14 ning, the Committee has set on Mesars H. B. Joseph & Co., re-foot a statistical survey covering ceived the following quotations the principal foodstuffs and in- from Bingapore in Btraits Currency 'dustrial raw materiala. for Raw Rubber:
The second decision of principle rends as follows. Although a number of important raw mater als are admittedly derived from colonial and mandated territories, it has been pointed out that most raw materials are produced wholly
Spot
May-June July-Sept. Oct-Dec. Marke
Bugera
391 Down 391 Down 391 Down 30 Down
or to a great extent in sovereign countries, and that therefore raw materials ought to be taken into whatever their consideration
origin".
Additional points brought up during the discussion exemplity the view expressed in the Com- mittee's second decision of prin ciple. Questions of export prohibi- tions and testrictions, export duties, trade restrictions, import duties, quotas, and exchange con- trol were shown to have a real bearing upon the supply of caY materials available to any given country,
Kobe
Penang Ranguon Saigon San Fran.
cisco.
Lumpur Shanghai London Singapore Lyons Sourabaya
Malacos
Hamburg Muar
Hankow
* Sungei
Patani Tientsin
(Johore) Tokyo
Mukden Tsingtao
Hongkow New York" Yokohama
...
8
CURRENT AccоVETI opened and FIXED DEPOsirs rebaived" 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 & Trustoe business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained s any of the Agencies and Branchos.
▲ BREARLEY,⠀
Manager.
Accounts opened in Local Currency and Fixed Deposits received for one year or shorter 1
Local periods in
Currency and Sterling 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
THE Business of the shore
Bank is conducted by the HONG KONG & SHANGHAI BANKING CORPORATION. Rules may be obtained on application.
For the HUNG KONG & SHANGHAI
BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 1st March, 1937;
· BANK OF EAST ASIA, "LIMITED.
⠀ "THE CHASE BANK
QUEEN'S ROAD CENTRAL ""
HEAD OFFICE;
World.
18, PIE STREET,
NEW YORK.
SANTANA
An American Bank offering com
plate Foreign Banking Service in the principal Markets of the
interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by
THE CHASE NATIONAL BANK, NEW Yoak, with Resources over U.S. $2,027,000,000.00
D. M. BIGGAR, ...
Manager.
THE YOKOHAMA SPECIE BANK
LUMITED
Capital (fully paid up)
Reserve Fund
Yan 100,000,000 OF Yen 132,650,000.00
HEAD OFFICE:-YOKOHAMA
BRANCHES AND AGENCIES AT: Authorised Capital ...$10,000,000.00 Alexandria Honolulu BangooD Paid-up Capital 5,598,800.00 Bangkok Isinking Rio do Reserve and Undivided
Batavia Karachi Profits
2,776,793.76 Berlin Kobe
2
HEAD OFFICE-HONG KONG No. 10, Des Voeux Road, Central.
Board of Directors
Bir Stouson Chow, Chairman Li Koon Chun, Esq. Li Lan bang, Esq. P. K. Kwok, Esq. WongChaßon, Esq. Wong Yun Tong, Esq. Kan Ying Fo, Esq. Chan Ching Shok, Esq.
Kan Tong Po, Esq., Chief Manager.. Li Tse Feng, Esq., Manager.
· Branches and'Agencies;—
Amoy
Batavia
Kowloon Репл London Beagoo
Bourabaya
Beatow
Bombay
Balfou
Bydary
Conti
Kaiborne He Fran.
Takoka
Carun
Kagunaki
aleco Tentzia
Haiphong
Harico
Detica
Berg
Honelafo
Parle
Kobe
Pelping
Blogspore
New York Stackle Tokyo
Shanghai
Υάμποσαν στ Yakshands
Every description of Banking and Exchange business transacted. granted on approved Loans securities.
Current Accounts opened in Local Currency and Fixed De posits received for one year, or and shorter periods in Local Foreign Currencies on terms which
Bafe Deposit Boxes To Let.
'KAN TONG PO,
Chief Manager.
Bombay Calcutta Canton
Janeiro
San
London
Francisco Los Angeles Seattle.
Shanghai
Manila Semarang
Dairan Moji
Singapors
(Dalny) Nagasaki Fengtien Nagoya Persbaya
(Mukden) New York Sydney Hamburg Osak Tientsin
Hankow Otaru. Tokyo
Harbin Paría Hong KongPeiping
Tsingtao Tinkow
Interest allowed on Current Am counts.
Deposits received for Fixed Periods at rates to be obtained on application.
-Y.-KANO,
Manager."
Hong Kong, 10th March, 1837,
FIXED PRICE FOR GOLD
Not Government's Policy
London, April 13.
In the House of Commons, Mr. Neville Chamberlain, Chancellor ar the Exchequer, replying to ques- Hons, stated that it was not at "present" part of the Government's policy to maintain a fixed price where population has increased for gold in terms of sterling, Ho rapidly.
emigration no added that the price of gold was longer offers a way of easing their one of the factors to be taken into pressure of population, these coun account in determining monetary tztes are faced with the necessity policy from time to time, of obtaining additional stocks of foodattims and the raw materials of industry.
Since
Indeed, it was generally urged that further consideration of this problem should imply a thorough
Mr. Chamberlain further stated study of commercial policy and of whether, and how payments and
that the Government was fully alive to the undesirability of inter- transfers of money across frontiers
The Raw Materials Committee terfering with the flow of business can be facilitated by a return to
towards recovery. wider freedom of trade, in addi- will meet again in Geneva on
Mr. Chamberlain said he tion; different members suggested June 21st to carry further its dis- that some spectat problems should cussion of problems that have satisfied with the working of the be discussed, for example, the been brought to light by this pre-tripartite monetary agreement. The open-door regime which is in force fiminary survey. Meanwhile, the purpose of that agreement was to under treaty in certain colonial League Secretariat will make a maintain the greatest possible and mandated territories, but statistical enquiry into the supply equilibrium in the system. whose application, it was main of industrial raw materials and ternational exchanges, avoiding, to fained, tends to be restricted; the raw foodstuffs. In addition, two the fullest extent, any daturbance dimculty of co-ordinating supply sub-committees will meet to of that system by monetary "ace and deraand with regard to an examine the special, dificulties re- tion of the part of any or
ned. He materials, which dastante between vealed by this enquiry with regsta Governments-cont abundance and shortage, causing to (a) the supply and ("b") the ed that the agreement did not F
ide variations in prices; the gp purchase of and payment for raw fer, expressly to the rola cial situation in certain countries
| the several, currencies.
materials.
No comments yet.
Private notes are available after approval.