1937-07-13 — Page 12

12

DAILY SHARE QUOTATIONS

Hong Kong Stock Exchange

Sharebrokers'

Association

MONDAY,

Buyers

| Naamini

Ballers

JULY 12.

Nomina

HONG KONG DAILY PRESS, TUESDAY, JULY 13, 1937.

H. K. STOCK EXCHANGE

AND

H. K. SHAREBROKERS' ASSOCIATION

Philippine Gold Mining Quotations

Baguio Gold

Rate

19th July, 1937

cloa.

Time Received

alon.

9.84 10.23 1.13 2.40 306 3.12

8།| ། } ༄3p།99།ཁྱུ༑

1

BANKS

AUSTRALIA'AND CHINA Incorporated by Boyal Charter 1843

HONG KONG AND SHANGHAI | THE CHARTERED BANK OF INDIA

BANKING CORPORATION

Authorised Capital ... $50,000,000 Issued & Fully” Paid-Up #90,000,000 Reserve Funds:---

£6,500,000

$10,000,000 | Pald-up Capital..

Reserve Fund .$90,000,000 | Reserve Lability" of Pro-

Sterling

Hong Long Currency.

Reserve

Reserva Liability of

Proprietors

Head Office:-HONG KONG

Board of Directors, G.. Miskin, Esq.,

Chairman.

- HEAD OFFICE: LONDON:

38, Bishopsgate EC.2

prietors

£3.000.00

• £3.000.000

83.000.000

MANCHESTER BRANCH: 71, Mosley Street, Manchester,

AGENCIES AND BRANCHES: ALOR STAR ILOILO

ZPOR

Deputy Chairman, AMRITSAR

Hon. Mr. M. T. Johnson,

J. E. Bousfield," Esq.,

A. H. Compton, Esq.,

S. H. Dodwell, Esq.,

J. R. Masson, Esq;

E. Morrison, Esq..

Hon. Mr. J. J. Paterson,

T. E... Pearce, Esqua

A. L. Shields, Esq.,

Sir Vandeleur M. Grayburn,

Chief Manager.

BANGIÐI

· KARACHI

BATAVIA

KLAHO

BOMBAY KORK

CALCUTTA KUALA

LUMPUR

CANTON CAWNPORE. KUCHING CEBUANO MADRAS DOLOMIO DA MANILA

SAIGON SEMABANG

BENEBAK SHANGHAI

· SINGAPORE.

SITIAWAN

BOUZABATA

TAIPING"

TONGHAR

DEKİ 3 MEDAN

(Bhuket)

NEW YORK

TRINOTÃO

PLIPIKO

TOKOMAMA

HAIPHONG

HAMBURO

HANKOW

HARBIN

$1,000

#

£33

EID

$100

Banka

1.K. Banks

Bo. (London)

21st Chartered Banks

Mercantile Bts. "A

Do

น

Bank of East Åsts...

...

$1,890

£151

£33)

10th July

B.

2101

| Closing

199

9.54

N. Q. & S. Backe ........

insurances.

381

$620

****

3306 Cauton kosztances,

Valon Lexus LCN.

$300

A atamoks

... 93 85

1895

13

Underwriter

Atoks

27 bid

034

28

91

"97

****

19

180

K Fires

$980

21 22 21

99

201

$3

International Asutó, 3.

Benguet Consol

10.00 10.85 10.00 10.25

Shipping

.$81

***

301

442

$0.30

Waterbomba

8474 | Donglaso′′ –Lammasri

berman

Indo-Uhinas (prof.)

Do. (def.)

108/9) Shella, ......CTION

Mining

"Benguet Explor

10

7 11

!!!!!

$07

184

Big Wedge"

19

19

131

Coco Grove...

64 65

B0...

34

Consol Mines

.02$.023 .02%

.023

031

108/9

$gz

Demonstrations

58

56

58. 67

38

E. Mindanao

... 21 92 AL

25/3

Ratluna-saཅར�་ང་ཥཿ

25/3

G. Goldfields

17 18 16

17

17

SIL

Unaba ...........sadzan zen Venezuela Gold Fld

J:1.40

Itogons

77

(eu că.

#32?

$168

#31

Docks, "Wharves, Godowns, etc.

$117 HK, AK, Wharreu.

Providents (old) ... $2.25 Do. (new) H.K. & W. Docks. Shangaal Docks S. New Engineerings S. Lands, Hotels, and

I. X. L.

... 30 79 80

72

70

Masbatea

*#231 241 231

24

23

Min. Resources

26 .29 24

$118

$2.20

(60 0's.

Northern Mining ...78

Paracale Gumaus

1321

$106

San Mauricio

+

Suyoo Consol

United Paracales

71

40 41 39 40 1.85 1.80 1.50 35 341351 24.

73 13

1.55

33

74 73. 12

#1

70

Bu dings"

37:10

H.K, totals

*******$7.10

Market Comment,

E

E

*#381

·H.K Lands.............3| 125)

まとりろ

Du. 4% Debentures

$103)

4111 | Shanghai Lands.....b.

$7

Metropolitan Lands..

16.30

H.K. Realties.........

$8.36

11

160

$90

$16.80

$120

134

481

China Do .......8. Do. Debenturea. Humphreys ..................... Uhinco Estates......

Cotton Mill

S'hai Cottona(old)S

Do. (DOW

Zoong Sings

Wing On Textila(8.)]

Ewo Cotton Bt. S.

Pabile Utilities

314.90 Tramways ...........................**

Poak Tram (old)..... 18.10

(MDW)... 284

Star Ferre

Younisti Ferries

China Lighte (old)....$14

Do. (now)... $18.70

19

CONTROL OF CURRENCY

!!

134

"$81

$3,70

'87"

1871

123

1281

$14.30

113.80

HK. Electrica

$601

$18

Macao do.·*******

000.

$14

Sandakan Lights ........

1991

Talophones (old) .....!

c d

$11.70

45 ch

:ན

1

Da

Da (new)

$12 China Buses...8.. 24/ ·Tractíveis - neodhare].

23/ Do (pref.)

$16

Industrial

Caldbeck, Ford,) B. 817 Maogrogora f(prof.S.

$1

Canton loos

Dement

$0.05 Ropes

Miscellaneous

Dairy Farms..........

Ch. K'tainment... $5.10

Constructions, (old)]

Watsona

$16,801

Eier Uncertain S'dier S.E Eier

£200,000,000 FOR

$120 EXCHANGE FUND UP

TO £550,000,000 μ?

H. K. STOCK

EXCHANGE

YESTERDAY'S OFFICIAL QUOTATIONS

The market continues dull and Following an earlier announce-

very narrow. Hotels were traded 16.10ment by Sir John Biman (Chan-

at $6.90 with further buyers at cellor of the Exchequer)," in the that price. Lights (Old) sold at House of Commons, a financial re514.10 and Cements at $15,40. solution was issued giving au-Turnover appears to be negligible. thority for the Introduction of a Buyers of Unlan advanced their bul to increase the Exchange price to $620.06. Equalisation Account by £200,000,-

329.80 $11.65

W

$15

16.20

The proposed resolution read:

"That it is expedient to in- crease from three hundred and Afty million pounds to five hun- ared and fifty million pounds the aggregate amount which may be issued to the Exchange Equalisa-.. tion Account out of the Con- solidated Fund.”

A memorandum attached to the resolution explains that the amount of the account, originally $28.00 150.000.000, was increased in 1933

to £350,000,000,"・・

Bij

38,60

"No change." It is added, "pro- posed in the statutory conditions $6.80 of the Account, which will continue $3.50 'to be invested under the control $5,80

of the Treasury in securities-in- cluding foreign exchange or in the purchase of gold in such man- ner as they think best adapted for checking undue Anctuations in the exchange value of sterling."

120.30 $203

'0.10

$1.60

De.

18.65

Lane Crawford......

Nanyang Tobacco..

$2.80

Sincere.........

8. O. Enterprises

$1

971,

JCL.G.

20.5.2.19250.9Bd

prez. 2 prem. 92

FLE. Gova 4% Lou

***

Wallace Harper

$60

105 3100 $1.00

28/8

Maramana Inv.(Lon)

7/0

40 cta.

Wm. Powells

(FK)

40.ots.

S'hai" Do

A.K Wing Ou

Vibro Piling

* Sales to Shanghai

LONDON EXCHANGE RATES

Paris

Genova

Berlin

Athens

Milan

Copenhagen

Stockholm

(British Wireless Bervice)

July 8

128-15/64

21.85$

12.331

94-3/16

July 10 128-3/64 21,651 12.34

94-3/16

Shanghai

1/2 1.

New York

4.951

Amsterdam

9.00$

4.951 9.012

Vienna'

Prague

1421

Madrid

Lisban

Hong Kong

Bombay join

1/2-11/18

Montreal

4.981

Brussels..

29.42

4.907 29.451

Yokohama

Belgrade

Monte Video

His

Bucharest

Silver (Forward)

Silver (Spot) War Loan

LONDON

23

20-1/16:

31% 1001/

Closing Quotations

July 19, 1937.

Telegraphic Transfer... Bank Bills, on demand 1/2 Oredits, four months

right *****

ON SHANGHAI

On Demand

SINGAPORE

On demand

On demand.

Telegraphie Tra

Beak on

Or New Yor

20-3/16 201

stop. $162

Bank Billa, on demand 30 5.18 Gredite, 60 days sight. 309,10 On Batavia:—

On demand

·04% ON PARIS

Bank Bills, on" deniand. 779 Credits, 4 month's right, 830.

1/2 13/10

101

ON SALOO

On demand

ON MANILA S

∙1048

De Un dessad

ON BANAZOZ S

Onddémisud

202/16

PROVISION FOR FUTURE Sir John Simon made his an nouncernent in reply to Mr. Atties, Leader of the Bocialist Opposition." He said that he had come to the conclusion that it would be neces- sary to ask for power to make an addition to the resources of the Exchange Equalization Account. The necessary resolution for a Bill was being prepared. p

"In addition to the recent dis- hoarding of gold," he added; "there

The Manila market was percep- tibly easier.

BUYERS HK. Back, $1900. Union Ins., $320, HK Steambasta $53. Union Waterboats, $9.30. Providenta (Old), $24. 1" H.. & S. Hotels, $6.90. HK. Realties, $6.30. Chinese Estates, 190. Peak Trams (Old); $s. Peak Trams (New), $21. Star Ferries, 486. Y. Ferries, $26. H.K. Electrics, $80. Telephones (Qld), $294. Cements, $151. Dairy Farm, $26.34. Watsons, $5.

Wm. Powell, 40 cts. Ewo Cottons, $16.80.

Wing On Textiles, $81.

. Constructions (New), 48 cta.

Vibro Piling..$43.

SELLERS

China Lights (Old). $14.35. Cements, $15.80. Dairy Farm, $264- Raubs, $11.40.

SWALES.

H & B. Hotels, $6.90

China Lights (Old), $14.10. China Lights (New), $13.80. Cements, $15.40. Constructions (Old), $1.80.

ASSOCIATION

BUYERS

has been much financial distur. K. SHAREBROKERS' bance abroad and a general ten- dency for capital funds to move to London While I consider that there is no reason why the present. conditions of unsettlement in the international movement of capital should be permanent, the situation compels us to make further pro- vision as an insurance against ad- ditional movements into sterling.

"This is essential for the pur pose of maintaining our general Anancial policy and in support of our undertakings and objec tives under the tripartite Mone- tary Agreement between British France and America which have been so widely approved."

“CIRCUMSTANCES MAY

- DEVELOP"

Mr. Thorne (Boc., Plaistow)-ask- ed whether France and America were following in our footsteps.

Sir John Simon replied that he would deal with, that matter when the House discussed the monetary resolution.

Lands, $35. Land Debentures, $102. Humphreys, $9.

Peak Trams (Old), 35 Peak Trams (New), $21. Powells, 40 cta.“ Cements, $15.35.

SELLERS

Wharven, $118.

SALES Providents (Old), $22. Hotels, $7.10. ·" ¿Trams, $14.90.4 Electrics, $80§.. Telephones (Old) XD., $2935.

CROWN LAND SALE

Inland Lot No. 4993, situate in Blue Rool Road, near Inland Lot No. 3685, Wong. Nel Chung,

THE EXCHANGE MARKET

MĘSŚRS. ROZA BROS.

Silver prices were unchanged. over the week-end, the quotations remaining at 20 3/16 for Ready and 30 1/4, for Forward. Silver advices reported India as having bought. The market was quiet.

The London-New York cross- rate was quoted at 495.85. New York-London was higher at 498.- 1/18.

MARKET

Erratic at the opening and m- clined to easiness following Shanghai. Subsequently the mar- ket reacted closing at I`p.m. rather on the steady" side. “

STERLING

**Opened with sellers at 1/2 21/32... buyers bidding · 1/2-11/16 for any delivery, Subsequently offers at 1/2 21/32 were accepted for near and forward. The buying rate then remained for some time

Saigon

Amoy

Branches:- Iloilo

Poiping

Bangkok"Lpah

Penang

Batavis Johore

Rangoon

Bombay

Kobe

Calcutta

Kowloon

Canton

Chatoo

Colombo

Londod

Lyons

Dairen

Foochow

Kuala

San Fran.

cisco Lumpar Shangbai

Singapore Sourabaya.

Malacos Sungei

Patani Tientsia

Haiphong Manila- Hamburg Muar

Hankow (Johore) Tokyo Harbin Mukden Tsingtas Hongkow New York Yokohama

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

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

BONG KONG SAVINGS BANK

HE-Business of the above

T. Banks conducted by the

BONG" KONG & SHANGHAI BANKING CORPORATION, Rules may be obtained on application,

For the Hora Kono & BHANGHAI

BAXXING CORPORATION.

T. M. GRAYBURN,

Chief Manager. Hong Kong, 1st March, 1937. ·

BANK OF EAST ASIA, LIMITED.

Authorised Capital ..$10,000,000.00 5,596,600.00 Paid-up Capital........ Reserve and Undivided

Profita *******

2,776,796.76

HEAD OFFICE:-Hosa Koso

at 1/2 21/32 but later 1/2 23/32 was again available and business was transacted for forward and near. The market closed at 1 pm. with sellers at 1/2 21/32 for near and forward, burers at 1/2 11/18 No. 10, Des Voeux Road, Central. for any delivery.

U.S. DOLLARS

Opened with sellers at 30 1/4 July-September but business was soon arranged at 30:1/4 for Au- gust and July and 30'3/16 October. The market closed at 1 pm with sellers at 30 1/4 July-August, and 30 3/16 September-October, buyers _at_30_5/16. July-August and 30 1/4

September-October.

"Board of Directors:

Sir Shouson Chow, Chairman

(Peking) LAMBCIAN GJA PENAYO

HONG KONG RANGOUN

FOREIGN EXCHANGs and General Banking Business transacted,

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

The Bank's Head Office in Lào- don undertakes Executor & Trustss business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained, at any of the Agencion and Branches

E. W. ROBERTS,

it

Manager.

THE CHASE BANK

15. QUEEN'S ROAD CENTRAL

HEAD OFFICE:

18, P STEET,

NEW YORK:

An American Bank afering com

plate Foreign Banking Service in the principal Markets of the world.

Interest Rates ou Application.

SAFE DEPOSIT BOXES

This Bank is entirely owned by

THE CHASE NATional Bank, New YOBE with Resources over Us $2,500,000,000.

D. M. BIGGAB,

Manager,

THE YOKOHAMA · SPECIE HANI LIMITED

Capital (fully paid up).

Yen 100,000,000 ĐẠI Beserve Fund - Yen 132,860,000,00

HEAD OFFICE:-Yozonama

BRANCHS AND AGENCIES AT Bangkok Elinking Rio do

Li Koon Chan, Esq. si Lan sang, Esq. | Alexandria Honolulu Kängoon P. K. Kwok, ruq. Wong Chuson, La Wong Inn Tongsq. Kao Ying ro. 4. Batavia Chau Ching Shok.rungPing Wahj Esq.

Karachi

· Esq.

Berlin Bombay

Kobe

BAZ

London

Calcutta

Los Angeles Seattle

Canton

Manila Semarang

Dairen

Moji

Shanghai

Scersbaya

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

Branches and Agencias ******

Kowiden - Prsang Bourabaya London Batton

@watow Bydney bourse dan F722- Taara

Biter's

BombeY

2. Magssal)..

mr

"SHANGHAI DOLLARS Business was done during the course of the morning at 102 3/16 and 102 1/4 for Spot. There were Henta sellers" at 102 1/8, buyers at 102 1/4 for Spot.

New York, Seattle

Q Tokyo M

Semarang! VaLOODVET

Park

Shinghs. Tokekama

Kəb

Palping Kingspor

Every description.

|* (Dalny) Nagasaki – Singapore-

Fengtien Nagoya

|(Mukden) New York Bydggy

Hamburg, Osaks ⠀ Tientain

Hankos Otaru

Harbin Paris

Tokyo

Tsingtao

Hong KongPeping Xinkey

Interest allowed on Current A counte BankingDeposits received for Fixed and Exchange business transacted. Perioda at rates to be obtained on Loans granted

approved

application,

KANO.

Manager:

SHANGHAI MARKET Sterling the opening rates were securities, mo given as sellers at 1/2 11/93, buy-1. Current Accounts opened in ers at 1/2 23/04 but the market Local Currency and Fixed De Hong Kong, 10th March, 1997 Immediately weakened and busi posita received for one year or and ness was reported at 1/2 5/18 for shorter periods in Local Spot. Later the market reacted Foreign Currencies on terms which

Bafe Deposit Boxes To Let closing at noon with sellers at 1/2.

KAN TONO PO 5/18, buyers probably at 1/2 21/64

Chief, Manager. for Spot. US Dollars, opened with sellers at 29 21/32, buyers at 29 11/16. The market, then eased off to buyers at 29 13/32 bút later reacted and sellers were quoted at 29 19/32, buyers at 29 21/32 for 8pot, Steady.

IN AFTERNOON

JAPAN TO CONTROL IMPORTS

PRIVATE U.S.

WHEAT CROP,

ESTIMATES LOWER

Five private firms in a composite estimate of the United States win-

ter wheat drop, recently placed the Field at 842,000,000 bushels, a de-

The market was quiet. In the Absolute state control over im-cline of *000,000 from the estimate

afternoon.

IN STERLING

No business was reported, Anish ing with sellers at 1/2 21/32 July December, buyers at 1/2 11/18 for any delivery.

Mr. Bellenger (Boc, Bassetlaw) an area of 40,700 square feet, was asked what was the reason for this auctioned at the Offices of the at 30

Public

Wor

ent yester sudden change in Government

Don. Han Bailey:

Haiwanho WAS

Sir John. There is no sudden 19, Shing chan but circumstances may the succ develop We had better deal with

$748

these matters when we discusaithe | was $20,350, resolutiori

tipset prics rental

“Augu Octobe

1.8. DOLLARN

closed with sellers and 30 3/16 August- Vers: at 30 /18 Cafe and- 30. 174 Beptember-

SHANGHAI DOLLAES-

ports was ensured, with the decl- of June : 1 Damage from black sion of the Foreign Exchange rust was believed to account for Committee to lower the upper limit the major position of the decline. of uncontrolled exchange transace tion from .30,000 to 1.000 month.

The present exchange control ordinance, issued by the Finance

The same sources estimated the spring wheat crop at 229,000,000 bushels, unchanged from June 1 prediction.

At the same time,

| Ministry in March and expiring at of Agriculture, Mr. Henry

the end of this month, will be re lace, warned that

Tised and retal

Formal decision? on: will be reached with MP Okinori K

102Mer

etary

danger of a surplus of whe measure, year, enough to dep

of lowing his