1937-05-04 — Page 12

12

DAILY SHARE QUOTATIONS

Hong Kong Stock

Bayou

Exchange

Sharebrokers'

Association

Nomal

MONDAY. MAY. 3.

Ballore

Buy

Balaz

HONG KONG DAILY PRESS, TUESDAY, MAY 4,

H. K. STOCK EXCHANGE

AND

1937.

H. K. SHAREBROKERS' ASSOCIATION

Philippine Gold Mining Quotations

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital ...... $50,000,000 Issued & Fully Paid-Up $20,000,000 Reserve Funda:-

Sterling

£ 6,800,000

Hong Kong Currency

THE CHARTERED BANK OF INDIA AUSTRALIA AND CHINA Incorporated by Royal Charter, 1851

HEAD OFFICE: LONDON.

Paid-up Capital., Reserve Fund

183

HOL PĚNI

+

*1:

$116

$325

02/028

$1,55

$%80

$4

$381

19

$35

31870

£117

Danke

H.K. Banks

20. (London)

RIDI Chartered Banks .........

#33

Eist

Mercantile Bks "a

Du.

Bank of East Asia...

N. 0. & S. Baxka ........

Insurances

Canton Lus armijose..

Unou fasura ...

Underwritor

H.K. Firea

|International Assoe, S.

Shipping

Dong......

Steamboats

lados (pref.) ******|

50

Do. (del.)

108.3

Shells

$9.45

Waterboats

Mining

i

1:1

20/8

$13,70) Raubs ............

Kailas y b

Venezuela Uvid Fide.

Docks, Wharves,

130 ot..

131

H.K. & W. Docki

$108 #3)

K. S.. Morrison, Esq.,

Flon. Mr. J. J. Paterson,

T. E. Pearce, Esq.

ILINKOW

HARBIN

PRIPING

(Peking)

PENANG

HONG CONG ĐÀNGOON

KOURAKATA TAIPING TIENTHIN TONGKAD

(Bhuket)

THIN UTAO

TOXORAKA

AMBOANGA -

£3.000.000

** ****

+

$1,265

£117

£18

20th Apr. Closing Rates

3rd May, 1937 Time Received

Reserve

....$10,000,000

£3.000.000

Reserve Liability of

Reserve Liability of Pro-

B. Я. 8.46 9.40

clos.

olos.

Proprietors

pristora

$90,000,000

£3.000.000

8.03 10:07 10.20 10.34 10.47 11.15

2.36

2,63

3.00 3.17

3.44

£33

Head Office:-HONG KONG

Agencies and Branches:

ALOR STAR ALOTIO

"BAIGON

215)

AMBITSAR PO

193

Antamoks

1.10

1.06 1.00

T

Board of Directors.

SEMARANG

BANGROK

KABACH1

$91

KEREMBAN

Atoka

321

31

31

32

$320

Baguio Gold

20

20 2z

3020

+

$13

*** ****** *!!

$1.60

Benguet Conso!

..... 11.25 -11.00 -11.75

$983

Benguet Explor

08 11

081

Big Wedge ...

$1

39

Coco Grove

58

30

191

$38+

Consol Mines

ORG

ORA .027

0.90

19

Demonstrations

75 76 70

7.4

*Bu

E. Mindanao

23

99

1 6/

Q. Goldfields

14 13

14

12.

彩官

Itogona

1.00*

1.05

98

20/6

L. X. L

70

77

Masbates

32

30

34

..

$6

Min. Resource*

28

24

Northern Mining

09

08

Paracale Gumaus

48

+

48 45

$2.30

San Mauricio

2.10

2.10

2.15 2.00

Taijuts

Suyoc Consol

39

37

376 #

HITESTI 1821 181 18

311

20

11.25

G. Miskia, Esq.,

BATAVIA

XLANG

BHANGHAI

Chairman.

Hon. Mr. M. T. Johnson,

BOMBAY "ALOUTTA

KORE KUALA

SINGAPORE

SITIAWAN

Deputy Chairman. | CANTON

- LUMPUR

J. K. Bousfeld, Eng.,

CAWNPORN

EUCHING

21

A. H. Compton, Esq.,

MADRAS

57

S. H. Dodwell, Esq.,

CCLOMBO

.025

0,26

0.26

J. R. Masson, Esq.,

DELHI

MANILA MEDAN

0.26

HAIPHONG

NEW YORK

78

PA

HAMBURG

བ£

19)

13

1,00

1.08

30 30

95

23

1.00

75

301

24h

M

│།

Amoy

Iloilo

Bangkok

1 pob

Batavia

Jabore

Bombay

Kobe

Rangoon

Saigon

Calcutta

Kowloon

39

Canton

431

United Parscales

78

75 90

76 76

Chefoo

6101

Colombo

33

Dairan

Market Comment,

ន

Vacerted S'dior

S

8

S

ន

3 QE'ier EQly S. Eier

Haiphong Manila

87.45

$351

H.

LONDON

#ui

EXCHANGE RATES

(British Wireless Service)

Harbin Mukden Tsingtao Hongkow New York Yokohama

$6

Godowns, ote.

H.K. & K. Wharvou. #117 Providents (old) ...

Do. (news

Shangusi Docks 8.

New Engineerings8. |Lands, Hotels, and

But dings

H.K Lands.......... Do. 4% Debentāres Bhanghal Laud■.... Metropolitan Lande. H.K. Realties......... Chins Do...................Š. Do. Debentures).

H.K. Hotele

"Bhai Cottons(old)S.

$9.3J

17:45

$7.407.45

235+

$100

$10

$16

35.96

$4

160

Humphreys

$20

Chinese Bataten......

Cotton Milla

$16.00 Ewoe *******

B

317

$12.

Do

Zoong Singe

83)

little

Wing On Textilsa(5.)

Fake Utilities

(14)

Tramways every

$15

Pauk Irama (old) ..... 40

Da.. (trow).... 18

86

Star Ferries *******

1881

!#E

Yaumati Ferriss ...

$254

$14.30

$1.10

101

611

fr+

$29 60

$19.85

$14.40 China Lights (old)...

$14.30

Do (now)... H.K. Electrica

Macao do.

Sandakan Lights ...

361

1171

$30

Tolephones (old)...

$12.70

Do. (new)

311)

China Buses.....

༣

27/8

Tractions

£6/8

27/-

Do., (pref.)......|

Industriala

$16) Caldbeck, Lord.) 3.

Macgregora (pref„)8.

Canton Ices. 2

Langat.

Miscellaneous

::

Parla

Gerieva

Berlin

Athens

Milan

Copenhagen

Stockholm

110 5/15

21.574

12.294

Apr. 23.

April 30.

1101

21.58

12.29

93 15/16

937

4.94 9/16 9.02

Amsterdam

1/2 5/16 4.94 1/16 9.004

Vienna

Prague

141 13/16

Madrid

Liabon

Hong Kong

29.28

4.93 9/16

29.25 4.93&

K. STOCK

EXCHANGE

YESTERDAY'S

OFFICIAL QUOTATIONS

The market was quieter, with business reported. Trams eased very slightly, but found ready buyers at $14.85. Wharves changed ¦. hands at $119 for delivery at Set- tlement.

Manila advices were featureless. and rates at the close were un- changed to alightly down.

BUYERS

Bank of East Asia, $93, Canton Insurances, $325. H.K. Wharves, $116. HK, Realtics, $5.90. HK. Trams, $14

Peak Trams (Old), $44.

Peak Trams. (New), $14.

Macho Electrics, $174. Sandakan Lights, $121, S'hal Cottons (Old), Sh.$117. S'hai Cottons (New), Sh.$92. Constructions (New), 45 cta. Vibro Piling, $4.

H.K. Hotels, $7.45.

HK. Eectrics, $81.

Cements, $18.

H.K. Banks, $1870.

Union Insurances, $6221-825.

Shanghai

New York

Bombay

Montreal

Brussels

Yokohama

Belgrade

Monte Video

Bacharest

Suver (Forward)

Silver (Spot)

War Loan

UL. LONDON:-

31% 1011.

Closing Quotations

May 3, 1837.

Os NEW YORK:-

ON BATATA;-

On dewand

SELLERS

$17

32

$16.80

$5,30

Kopes

$5.2)

$26

Dairy Farma...

14.70 $1.80

Ch. Etainmente......

+251

Constructions, (old)] $ïi

43 c

Do.

(DOW)

30.80 Lane Crawfords...

Nanyang Tobacco... $7

2.70

Sinceres

$9.70

$5.00

IK

S. C. Enterprises

Watsonske m

$5

Ch. 0,5% 19260.$Bd..

$6%

HK. Hotels, $7.40-7.45.

prom. 8%

2A

31%

H.K. Govt. 4% Loat $108

Do.

H.K. Trams, $14.65.

"2011

14

Wallace Harper

HK, Electrics, 361.

360

H.K Wing Oo

100

8'bai Da

5100

Vibro Piling $4Retorn of Capital 12

26/3 Marsmans Inv. (Lon.)

7/0

140 cts

Wm. Powells

(HR.))

•Sales to Shanghai

+

PHILIPPINE MINING

NEWS

The Berguet Exploration, Inc., produced P.14,742 worth of gold during the first half month off March, A. W. Ralston, president and general manager of the com- pany, told the "Baguio Bulletin."

During the month of February. 3,041 tons of ore valued at P.11.63 per ton were dellevered to the mill. The bullion produced amounts to F.24.832.43, Mr. Ralston's report states.

development of the

company. Tunnels and raises driven for February advanced to 418 feet. Work for reopening the Drain Tun- nel, advanced 76 ft.

SALES

CAMPAIGN STARTS

In April 1936, woollen manufac-¡ turers in Bradford (England) un- dertook to provide £50,000 a year for Ave years toward a campaign. to increase the consumption of wool. Forthwith, wool growers in three Dominions asked their res pective Governments to impose a levy of them, so that a fund for research and publicity might be established. By this means, Ans- traila will this year raise about 230,000, South Africa, £40,000 and New Zealand about £17,000.

The Melbourne Inter-Dominion conference was encouraged to hope that the Argentine would fall into line when the Empire campaign is launched. A world-wide campaign on behalf of wool is envisaged as Detalls of an international plan a subsequent step. A close study increase the consumption of is to be made of the successful wool, by a worldwide publicity publicity campaign conducted in campaign, by calling in scientists the United States. Its best fes- to discover new uses for wool, and tures will be adapted to the Em- to discover means of combating pire campaign.

to

· AUSTRALIAN WOOL TRADE

Plans To Increase Sales

states the "Christian Monitor."

Rio

201

20 7/16

201

20 7/16

A. L. Shields, Esq.," V. M., Grayburn, Esq.,..

Chief Masager,

Branches

Peiping Penang

San Fran- KLA

· GİBOO Lumpur Shanghai. London Singapore Sourabaya Lyons Foochow Malucos Sungei

Patani

Hamburg Muar Tientsin Hanko

(Johore) Tokyo

FOREIGN EXCHANGE and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED Daroasts received for One Year or shorter periods at rates which will be quoted on applica tion.

The Bank's Head Office" in Loa den undertakes Executor & Trustee business, and claims recoY6ZY of British Income Tax overpaid, oo terms which may be ascertained si any of the Agencies and Branches.

R. W. ROBERT,

Manager,

in'"

Current Accounts opened Local Currency and Fixed Deposits received for one year or shorter 1, perioda in Local Currency and Sterling on, terme 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

HE Business of the above

Bank

is conducted by the HONG KONG & SHANGHAI BANKING CORPORATION. Rules may be obtained on application.

For the Hoxe 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

Profita

2,778,796.76

HEAD OWICE:--HONG KONG No. 10, Des Voeux Road, Central.

Telegraphic Transfer... "11/8 Bank Bills, on demand Credits. four months'

wight...!

Bank Bills, on demand 30 Oredita, 60 days' right. 30%

$7/32

$57/16

1/3 1/32

ON PAR18:-

Bank Bills, on demand 882

ON SHANGHAI:→→

On Demand

1021

Credits, 4 month's sight 712

ON SAIGON :-

ON SINGAPORE:-

On demand

677

On demand

52

ON MANILA:-

P.

On demand,

On JAPAN:---

ON BANGKOK:-

On demand

108

On demand

149

ON INDIA:-

SOVEREIGNS Bank Buying

Bate

1/3

Telegraphic Trapater. 81 BAX SILTER, por cu

Bank, on demand....................

ROYAL NETHERLANDS INDUSTRIES FAIR

The Springfair 1937 was the first fair since the crisis to show a distinct tendency towards improved economical conditions noticeable in this country! There was an im portant increase in participants to such an extent that the available space proved insuficient and many applicants had to be turned down. The Springfair 1937 had 1779 parti- cipants as compared with 1645 dur- ing the Springfair 1936 and thus actually was the largest Fair ever held in the Netherlands.

SPECIAL HALL"

The Benguet Exploration secured the services of R. L. Lile, general wool substitutes, have been worked High hopes were expressed, when superintendent of Demonstration out at a conference representing he opened the Melbourne con- Gold Mines, who will act as con- the wool growers of Australia, ference; by Prime Minister Joseph sultant in the management and South Africa and New Zealand, A. Lyons. "We expect a great deal Science from Empire collaboration in pro-

duction, manufacture and market The year 1936 saw the end of ing," he said. "There is need for the reluctance of Australia, which collaboration between all countries Belgium, Germany, Francs and poverbially is "carried on the of the world interested in various Austria were represented by off sheep's back," to admit that her phases of the wool industry," add-clal and collective sections. great wool industry was menaced. Ing: "I do not thing it is too much Participation spread over the The inherent qualities of natural to hope that this conference will wool, it was held, were so obvious lead ultimately to a world con- and highly appreciated, that any ference of every country Interested rivals were not destined long to in the Industry.". endure The expressed intention

H. K. SHAREBROKERS' ASSOCIATION:

BUYERS

Lands, $35 Peak Trams (Old), $4). Peak Trams (New), $14. Constructions (Old), $1} Constructions (New); 45 cts.

of many nations to become "self-

contained" "and the restrictions upon international trade in so "Although little plant is needed many directions in the past few several Americana have made tor- years, were also held by many wool tunes from chewing gum," says Broware to be merely a passing trade report. It must be the turr- phase.

over that counts

| the turn-over was 25 per cent higher and the number of visitors increased by about the same per- centage.

Board of Directors --

Sir Shouson Chow, Chairman

Li Koon Chun, Esq. "Li Lan cang, Eeq. Kwok, aq.. Wong ChuSon, Esq. Wong Yun Tong,neq, Kan Ying Fu, Esq. Chan Ching Shek, Fung Ping Wah, Eng.

Esq

Kan Tong Po, Esq, Chief Manager. Li Tse Fong, Esq., Manager.

Amay

Batavia

Branches and Agencies ---

Kowloon Peng Bourshaya London Pangoon Bestow

Marile

Saigon Bydory

Melbourne San Fran Talhaka

Xngssaki

Boobay Calcutta Cantun

si Tingimist Haiphong New York deactiv Tokyo B

Увлбоцтет Honsiula Paris

Yokohams Kobe

Shanghai

Bingaper

r

Peiping Much business was transacted in the groups of food-stuffs, luxury

Every description of Banking and Exchange business transacted. and household-goods, glassware, Loans

granted on approved earthenware, Kitchen-utensils, fur-securities. niture etc. This increase in bust,

Current Accounta opened in ness according to retallers is the Local Currency and Fixed De result of a more favourable trend posita received for one year or in

export-Industries-ship-shorter periods in Local and building, machinery, textiles-so Foreign Currencies on terms which that the public as a whole in their Bafe Deposit Boxes To Let opinion will have more purchasing

KAN TONG PO, power before tong.

Chief Manager.

the

As the sections or metalware, machinery and electrical imple- KEEN FOREIGN INTEREST ments are constantly growing m the building and road-build- larger, the Fair'e management has ing section business was also brisk, decided to have, a special hall built | for one thing because of the for machinery, adjoining the per- higher prices for factory-bulidings manent Fair-building. The section and for another because state "Applicated art in industra", drew county and municipal councils special attention Only many- nave large programmes for im Tacturers producing quailty-goods portant works, partly under con In co-operation with well-knownstruction and partly to be started

an in the near future artists were allowed to join this section.

From abroad keen interest was ] alsó shown, as a result of which important orders for foreign ac count have been booked. The colonial-section, both for the East and West Indies specially drew at tention to colonial industry and wood from the Netherlands Indies. Generally speaking the tendency was towards higher prices and a steady demand was noticeable for higher priced quality-goods. IMPROVED CONDITIONS The 37th Royal Netherlands In- The Improved economical con- dustries Fair at the same time ditions manifested themselves in all - Agrarian: Fate will be held at participating groups. Roughly Utrecht from the 7th up to and in- speaking the average percentage of cluding the 16th September 1937.—

different nationalities was as fol- lows: The Netherlands 1936, United States of America 17. Bellum, 46, Denmark 2, Germany 169, Gr. Bal- tajul 42, France 78, Italy 1. Nor way A. Austria 53, Czecbo-Slovaitla 4. Smeden 9, Switzerland -3.

|

PAPER MANUFACTURE

IN CHINA -

Corporation To Be Started

On July 1

•

THE CHASE : BANK

QUEEN'S ROAD CENTRAL.

HEAD OFFICE:

18, PIER STREET,

NEW YORK.

An American Bank offering cam

plete Foreign Banking Bervice in the principal Markets of the world. Luterest Hates on Application.

SAFE DEPOSIT BOXES

This Bank is entirely owned by THE CHALE NATIONAL BAKE, NEW YORK, with Resources over U.S. $2,097,000,000,00 ----

D. M. BIGGAR.

Manager.

THE YOKOHAMA SPECIE BANK

“LIMITED -

Capital (fully paid up)

Yen 100,000,000 00 Reserve Fund... Yen 139,850,000.00

HEAD OFFICE:-YOKOHAMA-

Berlin

Bombay Calcutta

Canton

BRANCHES AND AGENCIES AT: Alexandria Honolulu Hangoon, Bangkok, Hrinking Bio do Batavia Karachi

Janeiro Kobe

San London Francisco. Los Angeles Seattle Manila Semarang Moji Shanghai (Dalny) Nagasaki Singapore Fengtion Nagoya Soerabays (Mukden) New York Sydney". Hamburg Osaka Tientsin Hankow Otaru Tokyo Harbin Paris Hong KongPeiping

Dairen

Tsingtao Yinkow

Interes allowed on Current Ac ounta

Deposita received for Fixed Perioda at rates to be obtained on application.

Y. KANO,

Manager. Hong Kong, 10th March, 1937.

SINGAPORE RAW RUBBER

H.B. JOSEPH & CO.

Hong Kong, May 3. Mesare H. B. Joseph & Co., re- ceived the following quotations trom Bingapore in Straits Currency for Raw Rubbers.

Spot

May-June July-Sept.

Oct.-Dec.

Market: Qulet.

Buyers

951 down t

354 down

361 "down i

361 down t

Ing houses the Commercial Press The China Paper Manufacturing and the Chung Hus, Cheng Chung Corporation a semi-official enter and World Book Companies; and prise under the auspices of the the three newspapers-the "Bhun Ministry of Industry, will bePao," "Bin Wen Pao". and "Ta formally established, on July 1, Kang Pao" The balance" fül be This decision was reached at a subscribed by banking and com- meeting of the promoters recently, mercial circles, which was presided over by Mr. Wu Ting-chalis, Minister of Indus try, and attended by the leading local publishers and bankers.

A large mil for the manufacture of newsprint will be established at Wenchi, a town near Wenchow in southern Cheklang. In order to The Corporation is to be capita secure fund for the purchase of the lized at $3,200,000, of which $1,- necessary machinery and equip 500,000 will be Government and ment, the Ministry is arranging for $1,700,000 commercial shares, ita loan of $4,000,000 with the Board was agreed at the meeting. Of the of Trustees for the Administratiod commercial shares, $1,000,000 will of the British Boxer Indemnity Re be taken up by the four publish=| fund.