1937-05-14 — Page 12

Bayris

"Allerede Nominal

THURSDAY, MAY... 13.

Bayare

Saliero

Balas

Nomias

Baske

11600

H.K. Banka

£119

Do..(London)...!

£119

215i

Chartered Banks ...

£16

£33

Mercantile Bks. "A"

12th May

Closing 9.58

Baton

B.

3.

£33)

EI5]

Do.

£10)

DAILY SHARE QUOTATIONS

Hong Kong Stock Exchange

Sharebrokers'

Association

HONG KONG DAILY PRESS, FRIDAY, MAY 14, 1937.

H. K. STOCK EXCHANGE

AND

H. K. SHAREBROKERS' ASSOCIATION

Philippine Gold Mining Quotations

13th May, 1937

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital ...... $50,000,000 Issued & Eully Paid-Up $20,000,000 Reserve Funday-

Sterling'

Hong Kong Currency

Reserve

THE CHARTERED BANK OF INDIA AUSTRALIA AND CHINA Incorperated by Royal Charter, 1859

HEAD OFFICE: LONDON.

£8,500,000

Paid-up Capital.

$10,000,000

Reserva Liability of

clos.

Proprietars

$20,000,000

49 3.07

1.20 3.38

£3.000.000

£3.000.000

Head Office: HONG KONG

Ressive Fund Reaarve Liability of Pro- prietors.

..........! £3.000.000

Ayencies and Branches:-

ALOR STAR ILOILO

AMRITSAR IFOR

BALOON

BEMARANG

Timo Received

2.30 9.00 9.8 1003 10.23 10.34 10.48 11.07

olow..

183

'

$890

$14

80

BIL

$361

Douglass

39

Steambwis

Indos (pret.)

$50

Do. (del)

Bank of East Asia...

N. U. & S. Backs

Insurances

$337 Canton lusurances..

Union Insuzanova 194 Underwriters 1-$1.50 B.K. Fires shoes International Asses, S.

upping.

103

Antamoks

1.05

Atoka

27)

1.06 1.10.

28

1.00

·3)

144

ad

!!!!

$375.

Baguio Gold

isb 18 20

281

38

M

1.00

23

181

18

1620

Bonguet Consol

10.75 10.50 11.23

...

Benguet Explor

0840

.084

$180

Big Wedge

19

LA

18

10

VIY

Coco Grove

02

42.

62

1381

Consol Mines

.022

.023

024 034

.023

19

Demonstrations

87

67

60

ta

$35

E. Mindanao

2}}

29

24t

93

87

68

22)

*::

SLIP

$21

$31

$102

100/71 Strella......

19.45

Waterboata

Mining

11/3 Kailana.........

$18.90 tauban

Venozadik uvid Fids.

$3)

Docks, Wharves,

Gudowns, etc.

H.K. & K, Wharton.

Providents (old)

•

Do. (DOW)

H.K. & W. Dosks... 10

Shangosi Dooks S.

Now Engineerings.

10/7

G. Goldfields

12

Unquoted

19

12

Itogona

94

96 99

I. X. L

73

ть

76

74

www.

::

21/...

$12.00

Masbates

23

20 28

27 24

23

18

Min. Resources

24

25

201

20

Northern Mining

'08

5 ម៉

OT

08

Paracale Guiaus

39

39 41 41

40 39

$118

San Mauricio

1.83

1.95

2.00

1,00

1,90

42.03

150 ata

Suyoc Consol

36 37 38

J8

это

1

United Paracales

63..

67

08

05

014

06

$10+

53

Market Comment.

F

S"

S

S

A

Ε

S

. E

A

B

3117

7.35

Bundings

Lands. Hotels, and

H.K. Hotels

87,35

1351

H.K......... 1351

$105

Do. 4% Dobentures

$101

125

Shangumi Latu..... D.

$10

Metropolitan Lands..

$5.90

H.K. Battles..................

30.90

$4

200

Do. Debenturos$.

101

Humphreys obser

39.30

$80

Bhinowo Estates......

Cotton M

. ຕ

Chins Do...

(Dow)S.

-31

Zoong Singsd

181

$1870

$18,

$63

$30

4A7

#61

$14.95

120

16.60 Ewos.........

S'ha Cottons(old)S.]

Do

Wing On Textiler(S.)

Pabir Utilities

Tramways.....$14.00 Pok Trizza (old)...]

Do. (a)... ali

Star Furries 1841

Yaunati Ferries.....]

"

H. K. STOCK

EXCHANGE

YESTERDAY'S

OFFICIAL

Board of Directors."

BANDKOK KARACHI

BEREMBAN

G. Miskin, Esq.

BATAVIA XLANG

SHANGHAI

Chairman.

BOMBAY

KORK

BINGAPORE

Hon. Mr. M. T. Johnson,

CALCUTTA

KUALA

Deputy Chairman. | CANTON

LUMPUR

SITIAWAN GOURAHAYA

10

J. E. Bousfield, Esq.,

19

181

A. H. Compton, Esq.,

S. H. Dodwell, Est,

CAWNPORE CIBU COLOMBO

KUCHING MADRAS

TAIPING

TIENTYIN

MANILA

TONGKAR

J. R. Masson, Esq.,

DELAI

MEDAN

(Bhuket,

K. 6. Morrison, Esq..

RAIPHONG

NEW YORK

THINGTAO

HAMBURG

PRIPING

HANKOW

HARDIN

Hon. Mr. J. J. Paterson,

T. E. Pearce, Esq.,

A. L Shield, Esq.,

Sir V. M. Grayburn,

..Chief Manager.

Branches:-

Peiping Penang

Amoy

Iloilo

Bangkok

Ipoh

Batavia Johore

Rangoon

38

Rombay

"Kobe

1.00 1.85

Calcutta

Kowloon

Canton

Kuala

Saigon San Fran-

C1800

16

36

Chefoo

64

Calambo

Dairen

Lyons

Eier E E

8.

Foochow

LONDON EXCHANGE RATES

(British Wireless Service)

Parla

Geneva Berlin

Athens

Copenhagen

QUOTATIONS

The market is still under the influence of the holiday, but rates have been well maintained, with Providents dealt in at $2.30 `and Trams in enquiry at $15.

Milan

Stockholm Shanghai New York Amsterdam Vienna

12.274

93-13/16-

May 5 109-31/32

May 8 109-59/64

21.58

12.27+

41

93-25/32

1/21

4.931

8.92

4.833 8.99!

141-7/16

120

China Lights (old)...) H4.30

$14

Do.

(new)...

114

H.K. Electrics 80

$81

In Manila, rates during the course of the day improved some- what, but failed to hold their Im- provement the close was however steady, with prices unchanged to slightly better than advised pre- viously.

Prague

Madrid

Lisbon

Hong Kong

Bombay

$17

Macao do

Montreal

$21

Sandakan Lights Mi

BUYERS

Brussels

4.92Į

29.223 4.92-7/16

$396

Telephones (ald)...

201

$12.70

Do. (06)

$19.75

Bank of East Asia, $93."

#1}}

China Busss ......5.

Underwriters, $11.

27/6

Tractions

£6/6

H.K. Wharves, $119.

27/-

Do. (prof.)......]

Industrials

#2

#16.30

5.30

45

$2

$15.401

*

...

15.2)

$18) Caldbock,

$17Macgregor Šipest(B,

Canton lees

Cereals

Rupes

Aliscellaneous

$15.55) Dairy Farma mami..

14.70

$1.60

Jú,80

Do. (new) ota.

Nanyang Tobacco... $7

Biacores.......:

8. U. Enterprises... Ch.G.521925G.Bda.

H.E. Gorb. 1% Loa 11081

Watsons

12.80

MESS

118

#14

Ch. Etainment.................... Constructiona, (old)}

Lane Crawford.....

18.70

15.05

98

Biz

21

Do. 3%

$101)

24

Wallace Harper

$60

H.K. Wing Do

30%

8'bai Do

$100

14.70

Vibra Piling $4.70

28/2. Marsmáns Inv. (Lon.

7/6

40 cts

Wm. Powells

*Sales to Shanghai

PHILIPPINE MINING

NEWS

Developments, Inc. announced progress of the work, he instruct-

'B.

Dillingham, ed

Bonifacio Gerardo, acting

that George graduate of the University of Call-superintendent to Increase the fornia in 1911 had joined the staff number 01 labourers to 35. Не of the company," and, would arrive❘ further'slated that manganese 'ore in Manila early in June. Roger in boulders and lode velna is found W. Clarke, president of Develop in the mouth and west side of the ments, stated that Mr. Dillingham | Palon and Bacaa claims. had 28 years of experience in al- most every phase of mining. For 11 years he was chief engineer and superintendent for the Cerro de Pasco Copper Corporation, covering the operations of the Morococha division, Peru. De- velopments

has A well- balanced staff of 24 mining en- gineers, geologists, geophysical en- gineers, and technicians.

The corporation is capitalized at" P300,000. The officers of the com: pany are Jose Palarca, president and general manager; Alberto Sugultant, vice president; and Moises (Colcol, treasurer. Boni- facto Gerardo is the acting miné superintendent,

HK: Banks, $1860.

Providents (Old), $24.

Providents (New), 50 cts:

RK. Realties, $5.90,"

H.K. Trams, $15.

Peak Trams (Qld), $4. Peak Trams (New), $14. China Lights (Old). $14.30. China Lights (New), $14' H.K. Electrics. $804. Macao Electrics, $17. Sandakan Lights, $124. Telephones (Old); $29). Cements, $15.30.

Dairy Farms, $254.

S'hal Cottons (Old), 8h.$117, S'hai Cottons (New), $92. Constructions (New). 45 cts.

SYLLEES

Star Ferries, $86. Telephones (New), $12.70.

SALES

Providents (Old); $2.30. Providents (New), 6b cts.

H.K. Hotels, $7.35.

MANILA MINING (

SHARES

Hong Kong. May 13.

The morning closing quotations

for the Manila mining shares yea-

terday were as follows:-

Associated Mines

Acoje Mining

Dulong"

Gold Creek

Ipo Gold

.035

:

.08

.12

.055 .14

.19

Gold River Mother Lode

Paracale Gold

.15

galacot

.04

Batong Buhay

..014-

Universal Expl

.20

Bued

:15

Dayaka

.12

Crown Mines

.11

Mambulso

.14

Syndicate Invest

Tinagao

.085 ...10

.046 .11

Yokohama

Belgrade.....

Monte Video Rio

Bucharest

Suver (Forward)

Suver (Spot) War Loan

ON LONDON:-

ON BHANOBAL :—

3+% 102

Closing Quotations

May 13, 1937,

On New Yorx:—

ON BATAVIA

Bank Bills, on demand.670 Credits, 4 month's sight 707 ON SAIGON-

Telegraphic Transfor... 11/ Bank Bill, on demand Credits four months'

aight

Bank Bills, on demand 30 Credits, 60 days' sight. 30%

27/31

On demand

653

ON PARIS:

1/3 1/32

1021 -

328

100

ON BANGKOK:-

On danand

On Demand

ON SINGAPORE:-

On demand On JAPAN:--

Ob demand

ON, INDIA'S

Telegraphic Transfer... 611

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

On demand................ 878

ON MANILA

On demand...

602

******......... 1497 SOVERSIONE Bank Buying

Bate

BAR SILVER, per on.

Industrial Development

In Russia

interesting details of the indus

Soviet trial development of the Union

weekly are given in the organ of the International Labor Once at Geneva. In 1938, the 0425 output of the undertakings at

tached to the Commissariat of Heavy Industry (33,064.3 million roubles) increased by 33 per cent in comparision with 1935, and ex- ceeded by 5.5 per cent. the pro- gramme prescribed for the Com- missarlat. The increase in the average output is estimated at 25.5 per cent. for the first eleven months of 1936, during the period January-September, the cost of production fell by 6.6 per cent.

For the first time the output of Active firm steel (16.300,000 tons, as against 12,500,000 tons in 1935) was higher than that of cast-iron (14,500,000 tons, as against 12,500,000 tons in 1835), while the output of rolled steel increased from 9,400,000 tons PIDDIG MANGANESE COPPER

H.9. JOSEPH & CO, to 12,300,000 tons. The results Mines, reports that development work on its Piddig, Tocos Norte

Hong Kong, May 13. achieved were largely due to better Messro H. B. Joseph & Co.. re-use being made of machinery and property is proceeding satisfac-

reports show that these claims are ceived the following quotations plant. The coeficient of produce torily Jose Palarca, president and general manager, told the Spable of producing high grade from Singapore in Straits Currency tion of the blast furnaces changed to 12 'from 1.00. while the Bulletin that 5,000 tons of ore are manganese ore, according to the for Raw Rubber:

member of the board of mining who has

output of steel from Martin fum- exposed. Mr. Palarca

aces, reached 4.60 tons per square Just arrived from the property to consultants for the company, who pect the progress of the work aspected the property in Buruan-

metre or open hearth, as against inspect

3.84 tong in 1935. The productive done, estimated that the five 8a Island. The engineers recom-

effect of this improvement corres- claims of the Arm contain 1,000,- mended an intensive exploration

ponds to an annual average output 660 tätis of öfe. In view of the Brogramme.

мой

THE SOUTHERN ́ MANGANESE

Mines announced that the phy- slographic feature of the property of the company is characterized

with considerable mountainous elevations. The geology and assay

Santa Rosa Mine Operations

SINGAPORE RAW RUBBER

Spot

June

July-Sept.

Oct-Dec.

Buyers

381 down 37 · down 3 37+ down t

* $71 down

Market:-Nominal:

Lumpur Shanghai London Singapore

Malacca

Haiphong Manila

Hamburg Muar

Hankow

Harbin

Hongkow

Sourabay

Sungei

Patani

Tientsin

(Johore) Tokyo

Mukden Tsingtao

New York Yokohama

Na p

TOKOHAMA

(Peking) AMBOANGA

PINANG

HONG KONG BANGDON

FOREIGN Exchange and Generat Banking Business transacted.

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

The Bank's Head Offco in" Lon don undertakes Executor & Trustes business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branchos.

R. W. ROBERTS,

Manager.

: Current Accounta opened in Local Currency and Fixed Deposits received for one year or shorter 18, periods in Local Currency and terms which will be Sterling on quoted on application.

Also up to date Safe Deposit Boxes in various sizes To Let. Hong Kong, 19th May, 1937.

BONG KONG SAVINGS BANK

THE Business of the above Bank is conducted by the

T

HONG KONG & SHANGHAI BANKING CORPORATION, Bulen may be obtained on application;

For the HONG 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:

19, PINE STERKT,

NEW YORK.

An American Bank offering com- plate Foreign Banking Bervis in the principal Markets of the world.

laterest Bates on Application.

SAFE DEPOSIT BOXES

This Bank is entirely owned by

THE CHASE NATIONAL BANK, NEW YORK, with Resources over U.S. $9,027,000,000,00

D. M. BIGGAE,

Manager.

THE YOKOHAMA SPECIE BANK

LIMITED

Capital (fully paid up)

Authorised Capital...$10,000,000.00*

Yan 100,000,000 or

Paid-up Capital......... 5,698,800.00 Reserve Fund Yen 132,650,000.00

Reserve and Undivided

Profita

$,776,726,76

HEAD OFFICE:-Hexa Kono No. 10, Des Voeux Road, Central.

aI

Board of Directors :—

Karachi Kobe London

HEAD OFFICE:-YOKOHAMA

BRANCHES AND AGENCIES AT: Alexandria Honolulu Rangoon

Bio do Bangkok Hsinking Bateria

-Janeiro Sau

Francisco

Los Angeles Seattle

Bir Shouson Chow, Chairman Barlin Li Koon Chun, Esq. Li Lan rang, Esq. Bombay

P. K. Kwok, Esq. Wong Chuson, Esq. Calcutta Wong YunTong, 1.8q. Kan Ying Po, Esq. | Canton Manila Semarang Chan Ching Shek, FungPing Wah, Dairen Moji Shanghai

Kaq.

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

(Dalny) Nagasaki Singapore Soerabaya

Esq.

Fengtien Nagoya

(Mukden) New York Sydney

Hamburg Onaka

*Tientsin

Bankow Otaru

Tokyo

Harbin Paris

Tsingtao

Penang

Rangoon

Боплавать Bestow

Hong KongPeiping

Yinkow

Adborn

Branches and Agencias

Kowloon

London

Amoy

1/3 20%..

Betaria

Banbey

Manila

Oklootia

Ostat

Baphong

Hackow

dgan Bydney

Mafodros "B& Pan- Xagak! New York Beatle Tobye

Benar YD COUTOF SHADESA Tokohama

Honolul Paris

Kobe

Pelping Blogspare

Every description of Banking

Interest allowed on Current A counte

Deposite received for Fized Perioda at rates to be obtained on application.

. Y. KANO,

Manager.

and Exchange business transacted. Hong Kong, 10th March, 1937. Loas granted 03 approved

securities.

Current Accounts opened in HAND-LAMP Local Currency and Fixed De-

or 10" new blast furnaces and 15 posits received for one year or

new Martin furnaces.

The amount of coal brought to

Local

and

shorter periods in Foreign Currencies on terms which

Bafe Deposit Boxes To Leto

KAN TONG PO,

Chief Manager.

RUBBER MUST PAY DUTY New German Order

TRANSFORMER

The risk inherent in the use of portable hand lamps connected to the surface was 122,700,000 tons,

200/260-volt maina is claimed to be as against 108,900,000 in 1935, re-

avoided by the employment of a presenting about 95 per cent. of

small transformer, which has re- the prescribed figure. The average

cently been placed on the market daily amount extracted, which

by Messrs. The British Thomson- was 382,200 tons in December, 1935,

Houston Company, Limited Rugby." fell continuously during the first

This is fitted with a primary wind- six months of 1936, and was 309,600

ing cultable' for connection to a tons in July of that year, but

200/280-volt 50-cycle circuit, and thereafter it rose gradually to about

Berlin, May 12,

with a separate secondary winding, 355,000 tons in December, 1935. The

Indiarubber and guttapercha, which gives an output of 38 watts extraction of petroleum, which in-

whether crude or in purified state, at 12 volts. This winding is con- creased from 28,800,000 tons in 1935 when imported into Germany onnected through a 2-pin plug and to 29,209,000 tons in 1936, was only or after Thursday, May 13, will socket terminal, containing 5- about 2.7 per cent below the pre-cost RM 125-duty per 100 kilo ampere fuses, to a 12-volt head- scribed programme, though in 1934

Hitherto these grainmes.

raw į light - bulb, which is contained in'. and 1835 the petroleum output fell materials had been duty free, but the usual atting. The transformer short of the programme by 165 from now on only Isoprene and is of the air-insulated type and is per cent and 11.8 per cent, re- other rubber substitutes and scrap enclosed in a stout metal Spectively. The speed of boring rubber, scrap guttapercha and which can be fixed to a wall or operations exceeded the provisions scrap balata will be importable other flat surface. of the second Five-Year Flan. The duty free. In economic circles greatest rike in output (41 Der great significance is attached to cent.) took place in the mechan! this inauguration, since the effect cal-engineering industry.

will diminish in Germany the price The number of lorries bufit in-between rubber and the German creased from 77,700 in 1935 to 134,- synthetic rubber known commer-

Parls learned from Warsaw, 000 in 1938, and the number of cially as "Bina" production. The tractors from 154,100 to about production of Buna has increased that Foreign Minister Beck, on 170,000. On the other hand, the greatly in the last few months, but his return from the Coronation construction of goods wagons (for would be all the more appreciated, will vint Foreign Minister Delbos. the Commissariat of Railways) fell if it were not so much more ex- and it is believed that on this from 85.400 to 68,000, which was 15 pensive than natural rubber for occasiona new Franco-Polish

Trade treaty will be signed cent below the prescribed home use.

Transocean Neua

per

programme

Transocean. News Service.

FRANCO-POLISH

tase,

TRADE TREATY

Paris, May 12.