1937-05-10 — Page 12

12

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Sharebrokers'

Association

Buynin

Beijer

| »

Bayers

Palloza Bales

Morina

MAY. 8.

wanka

Nomi SATURDAY.

$1.660

693

3220

$119 $2.15

::

::

$335

€119} CIDI

£33

2102

H.A. Hauka

( *********[ $1,088) #1,888] Po, (London) a Cuartordu auks ... Mercantile "A

دولة

Batak of East Asia...

N, G. & 5. Bac

insurances

Jantou-LustANGJAL

Ünwa insurucos .......

cd

Underwriters

******$1,50

$1.00

.K. Fires......................

International Asacéls,

w:yping

1825

$1.55

542

#361

39

$35

Fitton (prof.)

150.

Douglass ..........

SİBƏTCƏ VA

10. (detų) ESTAT

103/11). Suelle si 19.45

*21/3 ·

Waterbosta

Mining

Kailans 119.90 Baubs......

R$

· 48 str.

3.

!!!

37.16

5351

Venozuúla Golu Mu..

Docks. Wharves, Godowns, etc.

H.K. & K. Wharvov. Providents (old)

Do. (new) H.K. & W. Dogea...

Big Shangani Dock 8. 3 New Engineerings8.

Lands, Hotels, and

$105

llui dings

H.K. Hotels

#

£1104

do 100 kaše at-

HONG KONG DAILY PRESS, MONDAY, MAY 10, 1937.

THE SHARE

MARKET

Harriman's Weekly Report

Messrs. G. A. Harriman & Co.'s and market review

share, report

LONDON EXCHANGE RATES

Paris

Geneva

Barlin

Athers

Milanı

Copenhagen

Authorised Capital

Reserve Funds:-

Sterling

£6,500,000

AUSTRALIA AND CHINA Incorporated by Royal Charter. 1859

HEAD OFFICE: LONDON.

£3.000.000

£3.000.000

£3.000.000

$20,000,000

Agencies and Branches:-

ALON STAR ILOILO AMRITSAR ПРОД *

BANKS

HONG KONG AND SHANGHAI | THE CHARTERED BANK OF INDIA

BANKING CORPORATION

...... $50,000,000 issued & Fully Paid-Up $20,000,000

Hong Kong Currency

Reserve-****

Reserve Liability of

Proprietpra

Paid-up Capital.. $10,000,000 | Ratarve Fund,

Head Office:-HONG KONG

Board of Directors." G. Miskin, Esq.

Reservé Liability of Pro- priators

Chairman.BOMBAY.

Hon. Mr. M. T. Johnson,

Deputy Chairman.

BANGKOK - KARAOKI BATAVIA KLANGS

SOPE ALCUTTA KUALA CANTON

LUMPUR CAWNPORK KUCHING

стат COLOMBO

(British Wireless Service)

May 5 109-31/32

May 8

12.27

109-59/04 21.58 12.271

93-25/32

93-13/16

Stockholm

1/21

Shanghai

4.931

New York

8.921

4.933 8.99

Amsterdam

the

Vienna

141-7/16

Prague

Madrid

Lisbon

Hong Kong

Bombay

Montreal

Manila reports a

dull

Brussels

4.921

29.223 4.92-1/16

J. K. Bousfield, Esq., A. H. Compton, Eaq.. S. H. Dodwell, Esq.,

Yokohama

Belgrade

Monte Video

Issued at noon to-day states.--

Business conditions have been exceptionally quiet throughout the week and a revival of activity seems unlikely until after Coronation celebrations. Locally, rates have been fairy well main- tained, but as is usuni on a dull market, the tendency has been for to ease. albeit, but quotations

slightly. market. The producing mines continue to show progress and to

maintain satisfactory outputs-but buying interest is lacking and

1 3:1 until Manila gives a lead local investors are disinclined to add to

$2.16 $2.25

$30

2110

40 ct.

134

8101

+44

13

***$7.10

H.K Lauda....35,35

Do. 4% Debentures

Shanghai Lands....

Metropolitan Lancia..

H.K. Routes |

کرنا لا

$16

310

$5.86

85.95

*

UB.10

:00

19

Humphreys

#0

Chner: Einkavos ....

Cotton Mill

$117 192

$31

181

Do. Devonta es

(10.60 EwOS

S'hai Cottons(old)S.

Do. (now S.

Zong Sing

Wing On Ixtil(8.)

Pablle Ulitiam

Tramways... - $14,45

Pook Trama (old)...] HI

Do. (now)...

1 P

*:*

3101

$5.90

$9.39

$16.70

$12

$+3

#30

'104

their holdings.

M

Dealing have taken place in

Hong Kong Electrics at $61 and $80 and there are closing buyers at $14. Tramis exchanged down to $14.65 and buyers at $14.85. Sales of Star Ferles were effected at $84. Telephones (old are $291-$30 and the New $121 middle. buyers of There continue to be Peak Trams (old) at $4 and of the New at $11. also Bandakan Lights at $121 and Singapore Traction ords at 26/6.

Cements sold at $15) closing and Dairies Ropes are or offer at $53. have sellers at $28 after sales at this and Watsons can be had at $5. Lane Crawfords have been taker at $8.90. cum and there are buyers at slightly under this price. Ewos are a nominal market at Sh$16.60.

at

Construction (old) are enquired for at $1.60 and the New at 45 cts. Hong Kong Government 4 per cent. loan is marketable at $1084

Wharves have been taken $120 and are still wanted just under. Providents (new) have met with good buying support and offers are invited at 40 cts. The "old" are $2.15 buyers. Hong Kong Docks are quietly steady at 301 buyers $31 sellers.

$14.55

#1}

'86

Star Ferries......... 1844

$28

Yaumati Ferries...

$14.30

814.20

Chins Lights (old)... 14.30

Do

(new)...

$25

$14

100)

H.E. Electrics ...-.

300

178

0 14

Sandakan Lights...

to

5:19

Telephones (old), .....

$12.70

Do.

(new)

$11

China Buses S

27/6

Fractions

129+ J122

*W/6

27/-

Do. (praf.)

Industrials

$12/ 1994

$26

4.70

Ch. Etainment......

$185 Caldbeck, ort.).

$17 Macgregora fipref.)8.

$2

Canton Ices

15.55) Cementa

+5,37

ata་་«**

Rotes on

Miscellaneous

Dairy Farma*******

Constructions, (old)} $1į

Do.

(LOW) 45 ots.

Lane Crawford......

fisayang Tobacco...

Sinceros

erkradejome va

Watsons.com

S. C. Enterprises ... Ch.G. 52102617.Bds.

H.K. Gova 4% Loana

Do.

Wallace Harpor

$1.80

45 cm

0.80

12.70

#5.65

95%

proc. prta.

ZA

3.

C4

$50

H.K Wing On

N'ha Do

Vibro Piling

(H...)

28: Mariants Inv. (Lou.)

7/15

cta

Wo. Powells

Sales to Shanghai

FINANCES OF BULGARIA

Geneva, May 9. The financial committee of the League of Nations has examined financial situation in Bulgaria's the presence of the adviser of the Bulgarian National Bank and the permanent Bulgarian Delegate ac- credited to the League of Nations.

The committee also examined Hungary's economic and financial situation in the presence of the Hungarian Finance Minister, and the Director of the Hungarian

the Bank,

permanent

• National

delegate and.. the Kungarian Director of the Ministry "Finance and the Budget.

o!

$28

$18.00

55.90

19

$3.70:

7

$1

96% $1084

102

Bot

$100

LONG TERM CREDIT

Paris. May 9. The Mexican Government has granted the Valencia Government a long-term credit of $20,000,000, and will grant another equal amount this

says" "La Liberte" in a report from Mexico City.

summer,

·

2

Hotels have eased to $7.20, due the apathetic state of the market, and Lands have relapsed to a nominal quotation of $35). Hong Kong Realtys have buyers at $5.75 and sellers at $5.00. Hong

Bank Kong

were

at dealt la $1870 and 1865 and continue to have buyers at $1860. Of Insur- ance shares, Cantons sold at $325 .of and there are buyers cum. Hong Kong Fires at $280. A few $625. Unions are available at China Underwriters are $1) bid.

Philippine Mining. A very small business has been done: Demon- strations were dealt in At $1.25 Consolidated Mines at 44 cts, and fair sized parcels of Suyocs at 64 cts. and Gumaos Gold, at 221 cts.

Closing comment:-Hong Kong Kong and Manila markets, steady but quiet.

WEEKLY MARKET

LETTER

A

Comtinued unsettlement of mar- kets abroad on renewed nervous- ness of a possibility of a cut in the gold price created an irregular and erratic market during the week under review. With traders in- ethed towards caution, easier con- dillons prevailed, and though actual business days were only four, a fair average turnover was recorded.

After dipping the first two days of the week; prices hardened on Wednesday. On Thursday news of Representative Fish having intro-. The

that paper asserts

the duced a resolution in the House of Mexican Minister of Agriculture is Representatives to prevent the U.9. endeavouring to raise a $50,000,000 Treasury from paying more than credit in. Washington and New $25.00 an ounce for foreign gold York "for the alleged purpose of caused a wave of nervous selling, furthering Mexican agriculture but which ceased on a subsequent ca- in reality for transference to the ble, stating that the resolution Valencia Government."

excluded the Philippine Islands

The committee further examined the Austrian financial, situation In the presence of the Austrian Finance Minister and the Prest-Basque coast.-

the dent of

Austrian National

Bank- British Wireless.

TREASURY RETURNS

London, May 9.

The total amount applied for In tenders for £35,000,000. Trea- sury Billa was £82,960,000

The average rate per cent. for the Bills at three months was 19/0.190. against 10/4.18d. a week DESCO "British Wirele

Transocean News Service.

It is also stated that the Mexi- from its purview. Prices imme- can auxillary cruiser Motomar left diately rallied and recovered part for Spain on April 18 with B of their earlier losses. A stendler cargo of machine guns and aero-tone was in evidence at the close. planes on board, and intends to Total sales for the four days land this war material од the amounted to 38,439,530 shares, with an approximate value of P5,049.168. Sales of unlisted stocks were re- ported at the following prices: Anacon .08, 0. Pocket .02. G. River 055, 055, 05, 05, G. Wave .04 K Bol. 035. Lepanto 25. 20 Mamb. Gold .15 Mankayan .02 Mine Oper .105, 105, 11 N. "Agusan .009 N. The first plenary session" of the Cam. 35. 32 Orton .08 Bur Cons, Imperial Conforence will open at 45 Tinago .14 .14 Union Mgt. 075, St. James's Palace. on Friday07 and V. Placer 045. morning.

IMPERIAL

CONFERENCE

London, May 9,

Prime Ministers and ministerial delegations representing the United Kingdom, Canada, Australia, New South Africa, India, Zealand, Southern Rhodesia will attend. British Wireless:

and Burma

8. C. & F'S GOLD SHARE AVERAGE

Monday: 152.93. Tuesday: 146.45. Wednesday:-151.28. Thursday:-140.10. Ellis & Edgar,

Rio

Bucharest

Stiver (Forward)

Silver (Spot) War Loan

ON LONDON T

31% 102

Closing Quotations

-DELHI

HANKUW

MADRAS

MANILA

MEDAN

NEW. YUKI

BALOON

BEMABANG

BEREMBAN

BHANGHAI

SINGAPORE

?

BITIAWAN

BOURABAYA

J. R. Masson, Esq.,

E. 6. Morrison, Esq..

Hon. Mr. J. J. Paterson,

T. E. Pearce, Esq.,

A. L Shield, Esq.,

V. M. Graybars, Esq.,

Chief Manager.

Peiping

Penang.

San Fran-

cisco

Lumpur Shanghai Condon Singapore Lyons

Sourabaya Malacca. Sungei

Patani Tientsin

Haiphong Manila

(Johoro) Tokyo

HAIPHONG

HAMBU AG

BARBIN

PRIPING

TAIPING TIENTILÁ

TONGLAB

(Bhuket, TSINGTAO

YOKOHAMA

(Paking) KAMBOANGA PENANG

HONG KONG RANQOUN

FOREIGN EXCHANGE and General Banking Business transacted,

CURRENT Accounts opened and FIXED DEPosits received for One Year or shorter periods at rates 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 Tax overpaid, op terms which may be ascertained at any of the Agencies and Branches.

R. W. ROBERTS;

Manager.

(

Rangoo Saigon

Amoy

May, 1937.

ON NEW YORK:-

Bangkok

Branches: Iloilo Ipah

Telegraphic Transfor... 11/2 Bank Bills, on demand 27/32 Credits four months'

sight

1/3 1/32

Bank Billa on demand 30} Credita, 60 days' night. 30% ON BATAVIA:

Batavia

Johore.

"Bombay

Kobe

Calcutta

On demand ................. 55 ON PARIS:-,

Canton Chefoo

Kowloon Kuala

Or SHANDRAL:-

Bank Billa, on demand 679 Credits, month's sight 707

Colomba.

Dairen

On Demand

102

ON SAIGON:--

Foochow

ON SINGAPORE:-

On demand

-878

On demand On JAPAN:-

52A

ON MAXI-

Hamburg Muar

On demand

Cof

Hankow

On demand

ON BANGKOK ---

Harbin

Mukden

Tsingtas

100

On demand

149%

Hongkow

New York Yokohama

SOYILLIONS Bank Buying

Hata

1/3

BAB SILVER, per on

FOR

Current Accounts opened in Local Currency and Fixed Deposits rived for one year or shorter

18. periods in Local Currency and Sterling on terms which will be quoted on application.

Ox Insta:—

Telegraphic Transfer... }811

Bank, on demand.......

H. K.

STOCK EXCHANGE

SATURDAY'S

OFFICIAL QUOTATIONS

Though quiet, the market was very steady, and rates were in- clined to improve, with Trams at $14.90 and Lights at $14): Pro- (old), were dealt in at vidents

$2 for Settlement delivery.

Banks changed hands at $1860 and $1865, and there was a cer- tain amount of enquiry in the Insurance section also.

Rates in Manila were lower. In an otherwise featureless market.

SELLERS

Hong Kong Banks, $1860. Bank of East Asia. $93. H. K. Fire Insurances. $280. H. K. Wharves, $119. Providents old), $2.15. Providents (new), .45cts.

H. K. Hotels, $7.15.

H. K. Realtles, $5.85. H. K. Trams, $14.85. Peak Trams (old), $41. Peak Trams (new), $14. China Lights, (old), $14.30. H. K. Electrics, $80). Macao Electrice, $174. Sandakan Lights, $124. Telephones old), $294. S'hat Cottons (old). Sh.3117. S'hai Cottons (new), Sh.$92. Constructions (old), $1.60. Constructions" (new), .45 cts. Vibro Piling, SAI

BUYERS

Star Ferries, $80.

SALES

Hong Kong Banks, $1865. Canton Insurances, $325 H. K. Lands, $35): H. Realties, $5.85/.95. H. K. Electrics, $50. Telephones (old), $294.

EXTRA MANILA CLOSING QUOTATIONS

THE EXCHANGE

MARKET

MESSRS. KOZA BROS.

Saturday, May 8, Sfiver prices dropped 1/16 yes terday for both deliverles the quotations being 20 for Ready and 20 7/10 for Forward. Sliver advices reported India as having bought. China sold. Speculators operated both ways. The market was quiet. After the official fixing the market remained quiet with lack of interest. American Silver was quoted at 45 for Spot.

The London/New York cross- rate was quoted at 483.58. New York/London was quoted at 4931.

MARKET

U.S. DOLLARS

་

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

Hong Kong, 12th April, 1937.

HONG KONG SAVINGS BANK

be

THE CHASE BANK

QUEEN'S ROAD CENTRAL

HEAD OFFICE:

16, PINK STREET;

NEW YORK

An American Bank offering com

plete Foreign Banking Service in the principal Markets of the world. Interest Bates on. Application.

SAFE DEPOSIT BOXES

THE CHASE NATIONAL BANK, NEW Yoak, with Resources over U.S. $2,027,000,000,00

HE Business die

Bank is conducted by the HONG KONG & SHANGHAI | This Bank is entirely owned by BANKING CORPORATION. Rules

ay ve obtained on application For the Hong Kong & Shino¤AI

Banking CORPORATION.

V. M. GRAYBURN,

Chief. Manager. Hong Kong, lat March, 1937,

BANK OF EAST ASIA, LIMITED.

D. M. BIGGAR,

Manager.

THE YOKOHAMA SPECIK BANK

LIMITED

Capital (fully paid up)

Yan 100,000,000 00 Reserve Fund. Yen 139,650,000,00

Quiet.

STERLING

Authorised Capital ...$10,000,000.00 There were sellers at 1/2 29/32 | Paid-up Capital May/December, buyers at 1/2 Reserve and Undivided 15/16 for any delivery.

3,588,000.00

Profits.......

2,770,720.70.

HEAD OFFICE:-YOKOHAMA

BRANCHES AND AGENCIES AT: Rangoon Alexandria Honolulu Bangkok Hainking Rio do Batavia Karachi

Berlin

Kobe

Janeiro San

Bombay

London,

Francisco

Calgutte Canton Dairen

Manila Semarang

Moji

Shanghai

Soerabaya

HEAD OFFICE:-HONG KONG Businses was done at 30 9/18 No. 10, Des Voeux Road, Cestral.

for November followed by trans- actions at 30% for July and 30 9/16 for December. The market closed with sellers at 30 May/ June 30 9/18 July/October and

November, buyers probably

1/16 higher respectively.

at

4.

- SHANGHAI DOLLARS Quiet. There were sellers at 1024, buyers at 1021 for cash.

SHANGHAI MARKET There were sellers of Sterling at 1/2.17/32, buyers at 1/2 9/16 for Spot. US Dollars. sellers at 291. buyers at 29 15/18 for Spot.

20

COLONY'S FINANCE

Board of Directors :—-

Sir Shouson Chow Chairman »

Li Koon Chun, Esq. Li Lanang, Hisq. P. K. Kwok, Esq. WongChaSon, Wong Yun Tong, Esq. Kan Ying Po, Eng. Chan Ching Sherung Ping Wab,

Eay.

Esq.

Kan Tong Po, aq., Chief Managur. Li Tae Fong, Esq., Manager.

Branches and Agencies :—

Los AngelesSeattle

Fengtion Nagoya

(Daloy) Nagasaki Singapore

(Mukden) New York Sydney

Hamburg Osaks

Interest allowed on Current A

Tientsin

Hankow

Car

Tokyo

Harbin

Paris

Tsingtao

Hong KongPeiping

Yinkow

oounts.

Вошаную

Deposits received

Amoy Batavia Bombay

Loudon

Bwalon

Manila

Byday

Calcutta Canton

eleco Tientsin New York Startle Halphong Alati

Bemarang Ya Konolulu

Pari

Shanghal Tok:bacom Koba

Peiping Singapore

Tokyo

V

kowioda Par

Barfood

Saigon..

Kalböuros San Fran-

Chaka

Every description of Banking and Exchange Business transacted. Loans

approved granted The Colony's financial state-securities.

Current Accounta ment for February revenis, a sharp'

opened in fall in revenue as compared with Local Currency and Fixed De the same month of 1938, the total posits received for one year or shortor periods in Local and income being $1,014,473.86 as com- Foreign Currencies on terms which

Safe Deposit Boxes To Let

KAN TONG PO. * Chief Manager.

pared with $2,279,813.58 in Febru ary 1936.

A fall in icence revenue of 8350,000 was the primary factor, and the Kowloon-Canton Railway Hongkong, May 8.

Income Wid $30,000 less. ́ ́ ́ ́Post Extru Manila closing quotations | Office receipts, on the other hand, agures kindly supplied by Messrs were up by $27,000 and duties brought in an additional $35,000. Expenditure exceeded income by. over $300,000.

Ells and Edrar. ****

Associated Mines Acoje Mining Angelo

Dujonk Gold Creek Ipo Gold Gold River Mother Lode Paracale Gold Balacot Batong Buhay

Universal Expl.

.006 135

.065

ཡྻཐཱཙྪཾབྷབྷཡྻཐཱ;

SINGAPORE RAW RUBBER

Messrs

H.K. JOSEPH & CO.

Hong Kong May 8,

B. Joseph & Co.. re- ceived the following quotationa from Singapore in Straits Currency for Raw Rubber:

Buyers

374 up i 38 up t

215.

Bued

.18

Dayaka

.125

Crown Mines

12

Mambulao

Syndicate Invest:

da

Spot

Tinieso

Juhé

Banta Rosa

21

July/Sept,

· Mine Operations

Oct./Dec.

Blendy.

Market: Uncerts

381 up

CYCLING TOUR OF

NEW TERRITORIES

for

Fixed

Periods at rates to be obtained on application,

Y. KANO.

Manager.

Hong Kong., 10th March, 1937.

SEITETSU IMPORTS

MACHINERY

The Nippon Beitetsu Kaisha, a

the Yawata Ironworks and several private steel works, is to import machinery and equipment amount- ing Y100,000,000 in value in con- | nection with its extension schemes. It has just ordered from the United States a tinplate mill, with a yearly output of 250,000 tons, at a lump sum price of approximately ¥15,000,000. Several engineers are. already in America to study the working of the plant.

semi-official concern embracing

Yesterday's delightful weather

The Company at present has an added much fun and sport to those annual output of only 100,000 tour who joined the Hong Kong Cycling In the event of the above plant Club on a tour round the New Ter-being installed, therefore, its year- ritories. A number of enthusiasts by turnout will become 350,000 tons. met at the Alhambra Theatre at

In connect with the establisb-

10 am from where they comment of new foundries in Wanishi menced the cycling tour,

In Wanish! (Hokkaido), and Hirn- Mr. H. G. Keates led the hata (Hyogo), the Company will have to Import a large amount of cyclista

machinery.

The party cycled along the Tai- po Road passing through Shatin, Taipo, Fanling, Castle Peat and Tsun Wan returning about e p.m.

The last tour of this nature was in January last year prior to Mr. Kentes leaving for Home.

It is stated that the considerable length of time demanded by Japanese machinery makers, who are now fully occupied with out- standing" contracts, render the above heavy Imports Inevitable.