1937-07-14 — Page 12

$1,005 $1,925

...im i PPO HI

$0.30

12

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Warnin Saltwa Balen Xomma

Sharebrokers'

Association

TUESDAY, JULY 13.

Bellare

Banka

*

H.B. Banks

*********$1,910

***

90. (London)...

τη

£131

Chartered Banks ...

£10 $100

$308

$2

5*80

Mercantile Bics. "A"

Du.

Bank of East Amin.....

N. G. & S. Barks ...

Insurances “

Canton inenTRALGON ...

Union InsurKLOWS ........

Underwriters

H.K. Fires....

*****

$3 International Asses. 3.

Shipping

0

*:*:*:

dino nui

$3,920

£33

216

$29

18th July Closing Ratox

.B.

$11.

HONG KONG DAILY PRESS. WEDNESDAY, JULY 14, 1937.

H. K. STOCK EXCHANGE

AND

H. K. SHAREBROKERS' ASSOCIATION

Philippine Gold Mining Quotations

13th July, 1937 **

Time Received cloa..

2,54 9.64 10.17 1.14 2.48 3,06

clos.

3,41

BANKS

AUSTRALIA AND CHINA Incorporated by Royal Charter 1953

HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA

BANKING CORPORATION

Authorised. Capital $50,000,000- Issued & Fully Paid-Up 890,000,000 Reserve Funds:-

Sterling

......£6,500,000

Hong Kong Currency

Reserve - Beserve Liability of

Proprietor

HEAD OFFICE: LONDON: 98, Bishopagate EC2.

..$10,000,000 | Paid-up Caoltal...

Reserva - Fund $20,000,000 Reserve Liability of Pro».

prietors

£3.000,009 £3.000.000

£3.000.000

Head Office:-HONG KONG

$300

Antamoks

90

89

93

"695

Atoks

*7

13

8.

97

#180

Baguio Gold

201

20

21+

Benguet Consol

10.00 10.35 10.00 10.95

Benguet Explor

384 351

Breambe******

$42

Indo-Uhinas (pref.)

Do (dot.)

188

Big Wedge

$61

Coco Grove...

霉

108/1 Shell ****

108'1

Waterboata

Mining

Consol Mines

Demonstrations

E. Mindanao

7 11 .. 8

11

18

18.

10

58

56 50

021

.02 .029 .091

oth

53

02 66

101. 19. 20

!! | | | g}g|}

20

89

.02

D3

26/3

Kailana

28/3

G. Goldfields

10

18

15

11:40

15.00

Fettazuola Gold Fida.

Itogona

13

70

Docks, WhaEVOS,

I. X. L

70

A 69

Godowns, eta.

Masbates

22

914

29

91

$36)

3105

$7

3117 197

120 cta

#3%)

Providents (okal)

Do. (DOW)

H.K. & W. Doka

F168 Shangani Docks 3. #3) Now Engineerings S.

Lands," Hotels, and| Bui dings"

H.K. Hotels

H.K Lands..............B.

Do. 4% Debentures

SITE | Shang

Lands...

Metropolitan Landı..

16.30 H.K. Kalties.........

H.K. & K. Whertes.

$1187

Min. Resources

2,24

$12

14

Northern Mining ...? 8

50.

"Paracale Gumaus

37

37 40

អ

$106

San Mauricio

1.55

1.50

1.55

1.50

1.50

Suyoc Consol

33

T 33

31

31

United Paracales

70

69

71 69" BY

68

61

---

$7.10

Market Comment.

E

Q

Q

E E S A

E'ier

吸

135

$102

H. K. STOCK

$6.35

31

China Dolls.

180

Do. Debenturess.

EXCHANGE

$8

**

**

$0.06

18.00

mumin Su

***

པཎྜ; -Ë

43 cta

$5

7/8

40 cts

"

Humphreys

Chicas Estaçớn

Cotton Mill

...............

Shu Cutton fuldjS.

$16.8

$120

Du.

CYMOO

$34

Zoong Sings..... S.

481

Wing On Textiles (13.)|

Ewo Cotton Ets, S.

Public Chlikes

114.86

$14.30 14.10.20

Tramways

Peak Trams (old).... $5

Da

(new)... #2)

Star Ferries

Yaumati Forrias.

Chins Lights (ald)...{

E

$10.8

$120

$34 181

YESTERDAY'S

OFFICIAL QUOTATIONS

THE EXCHANGE

MARKET

MESSRS. ROZA BROS.

Hong Kong..July 14. Silver prices dropped 1/16 yes- quotations being 20 1/8 for Ready terday for both deliveries, the

The market was clearly under the influence of unsettling news

and 20 3/16 for Forward. Silver from the North, and such business advices reported India as having as passed, was at lower prices.

Cantons sold at $300.00. Unions, sold. The

operated both ways. Speculatorg market WES steady. however, fetched $5221. Trams at American Silver was quoted at 44 $141 Lands at $35. Electrics at $13.70 $60, indicate the degree of east-3/4 for Spot."

Hotels were again sold at $8.90, while Cements were

$14.90

$87

3201 $14

$13.80

Do. (now)...

$004

HK. Electrica

180+

118

Macao do.".

$14

Sandakan Lights ...

d

d

311.50

Do.

(now)..

$29,36 x d

$11.60

$12

21/-

Tractions

$59.40 Telephones (old)...)

China Buaca ..............8.

93/- Da. (pref.)......

Industrials

$16.

Caldbeck; 1jantis 4.

#17

32

Canton Ican

10.06

Muogragons[pref..

Cemento

Hopes

Miscellaneous

Dairy Farrus....

Ch. Etainments...... $6.10 Constructions, (old)

*****

д

***

ness in rates.

on offer at $15.40.

The Manlia market continued to recede without effect on the Mara- man Sterling issues. Maramhans (HK) selling at 8/3 and Mara- mans London were quoted at 30%--

BUYERS

HK. Banks, $1905. Union Insurance, $820. Union Waterboats, $9.30. H. & S. Hotels, $6.90..... Chinese Estates, $90. H.K. Tramways," $141. Peak Trams (Old), $5, Peak Trams (New), $21:

Yaumati Ferries, $26.

$161 $15.40

$15.35 75,90

$26

$28.90

5.10

$1.00

$11

Do.

(na ots

30.05

·Lane Crawford......

29.80

***

Nanyang Tobacco..

$6.80

Star Ferries, $88.

$2.50

Sinceros

$8.50

Watsons.

·215.20

5. G. Enterprises

H.K. Electric, $60.

97%,

C.G.321925G.4 Bds,

pren. prem. 27

2

H.K. Gert, 4% Loan

95%

Watsons, $5.

1109

Do

24

Wallace Härper......

$109

300

S'bai Do

***

$100

Vibro Piling. $41.

$4,30

Wn. Powells

(HK)

SELLERS

40.ots.

K.K. Banks, $1925.

HLK Wing On

Vibro Piling

20/- Maramans Inv. (Lon.)

•Sales to Shanghai

LONDON EXCHANGE RATES

(British Wireless Service)

July 10

July 12

Paris

128-3/64

128-1/32

Geneva Berlin

Athens

Milan

Copenhagen

Stockholm

21.652

21.67

12,34

12.351

94-3/16

942

19.40

Shanghal

New York

4.957

1/2-5/16 4.96-13/16

Amsterdam

9.01

9.03

Vienna

Prague

1421

142-7/16

Madrid

Lisbon

Hong Kong

1/2-21/32

Bombay...

Montreal..

4.967

4.971

Brussels

Yokohama

29.451

29.491

Belgrade

Monte Video

Rio...

Bucharest

Silver (Forward)

Silver (Spot)

20-3/16 201

20-3/16 211

Closing Quotations

July 13, 1487.

DE LONDON:-

Telegraphic Transfer...

Bank Bills, on demand }!!!

Oredits four months'

Fight

ON BUANGEM

On Demand'

3% 100-3/16

Win Powell 40 ots. Entertainments, 85.20. Constructions' (New), 45 cts.

Marsmana HK §/-

H.K. Lands, '$35.90.

H.K. Tramways, $144.

China Lights (Old), $14.30. Cementa, $15

Dairy Farm: $28) Sinceres, $2.80.

SALES

Canton Insurance, $300

Union Insurance, $622).

HK. Landa, $35).

H.K. Tramways, $14.

H.K. Electric, $80, Watsons, $5.

Wing On Textiles, Sh:$80. Marsmans HK, 8/4/8/3

MANILA MINING

SHARES

Hong Kong; July 14. Extra Mantia closing quotations Agures kindly supplied by Mesara. Ellis and Edgar,

Associated Mines

Acoje Mining

Angelo

Dulong Gold Creek Ipo Gold

004

.13

.095

War Loan

.04

.115

.175

-:XX0J, MER KO

·Bank Billa, on demand 301 Credita, 60 days' sight. 30g

ON BATAVIA

5/42

ON PARIS

1/213/18

Gold River Mother Lods Paracale Gold Balacot' Batong Buhay Universal Expl.. Bued

.044

.12

:30

.012,

1013

Dayaka

ON 6159APORT

On demand

Crown Mines

.19

On demand

511

ON MANILA -

Mambulao

On JAPAN

On demand

de demasid.

«Byndicate Invest,

08

ON BANGION

1048

Tinagat

Santa Rosa/

Boyarrions Bank Buying

-Mine Operations-.

1/2 15/29

On demand

Bank Bills, on demand 770, Credits month's aight 820 OR BAIGON-

num 774:

**On demand. 148

BAB ALLVER, pre Ou

cross-

The London-New York York-London was higher at 497.- rate was quoted at 498.75. New

1/18.

Erratic.

robust.

STORAGE OF FRUIT

New Process Perfected

FOURTEEN YEARS OF RESEARCH

Board of Directors. Q. Miskin, Esq....

Hon. Mr. M. T. Johnson,

Chairman.

MANCHESTER BRANCH: 71, Mosley Street, Manchester.

AGENCIES AND BRANCHES: ALOR STAN ILOILO

ІРОН

Deputy Chairman, AMRITSAH

J. K. Bousfeld, Esq.,

A. H. Compton, Esq.,

S. H. Dodwell, Esq.,

J. R. Mason, Esq.

K. S. Morrison, Esq.,

ཋཱ་

Hon. Mr. J. J. Paterson,

A. L. Shields, Ext.,

BANGKOK BATAVIA BOMBAY CALCUTTA

SAIGON

SEMARANG

KARACHI

SEREMBAN

ILANG

KHANGHAI

..

KOBR KUALA"

SINGAPORE

LUMPUR

CAWNPORE - KUCHING

· TAIPING

MADRAB

COLOMBO DILBU

MANILA

TONGKAH

NEDAN

NEW YORK

TSINGTAO

CANTON 1,

HAIPHONG Chief Manager.

T. E. Pearce, Esq.,

Sir Vandeleur M. Grayburn,

Branches:

Amoy

Iloilo

Peiping

Bangkok

Ipoh

Penang

Batavia

Johore

Rangoon

Bombay

Kobe

Saigon

Calcutta

Kowloon

San Fran-

Canton

Kuala

Cisco

Chefoo"

Lamper Shanghai

Colombo

London.

Dairen

Lyons

Singapore Sourabay's

Foochow Malacos Sungei

Haiphong Manils

Patani

Hamburg Muar

Tientsin

HAMBURO

HANIOW

SITIAWAN

BOURABAYA

TIENTEIK

(Bhuket)

Hankow (Johore) Tokyo Harbin

Mukden Tsingtao

+

Hongkow New York Yokohama

Mag

in

Current -Accomatu opened 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 Let. Hong Kong, 19th May, 1937.

HONG KONG SAVINGS BANK

new method of storage of fruit and

Melbourne.-A. formula for is conducted by the HE Business of the above

other perishable foodstuns

HONG KONG A SHANGHAI BANKING CORPORATION, Rules been perfected in Victoria, and its may be obtained on application. to revolutionise export storage. commercial application is expected

For the Hono Koro &. SmaxG HAI

BANKING CORPORATION. particularly for the more delicate Australian fruits Known as "gas

bas

· MARKET The undertone was not storage." it is the result of 14 years of research by a small group of scientists in Melbourne.

STERLING Business was done during the course of the morning at 1/2 21/32 for various deliveries. The max- ket closed at 1 pm. with sellers at 1/2 5/8 July-December, buyers at 1/3 21/32 for any delivery,

U.S. DOLLARS

October-

V. M. GRAYBURN,

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

BANK OF EAST ASIA, LIMITED.

HARBIN

PRIPING

YOKOHAMA

(Paking) ZAMBOANGA PENANG

HONG KONG RANGOON

FOREIGN EXCHANGI 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 applice tion.

The Bank's Head Office" in Las den undertakes Executor & Trustee [business, and claims recovery "of British Income Tax overpaid, on terms which may be ascertained- ony of the Agencie. and Branches,

B. W. ROBERTS,

Manager.

Authorised Capital $10,000,000.00 the

Paid-up Capital ........ 5,529,800.00 Reserve and Undivided.

The process on which the for- mula is based is the connection between the normal life cycle of fruit and the elements in atmosphere. This necessitated the complete control of five factors oxygen, carbon dioxide, humidity, pressure, and, to a minor degree, temperature.

A small business was reported at 30 5/16 for July, delivery. There

Fruit absorbs oxygen, and in the were sellers at 30 1/4 Cash-Sep-course of converting the oxygen tember and 30 -3/16 November, buyers at 30 5/18 July September and 30 1/4 October November.

SHANGHAI DOLLARS Business was done at 102 3/8 for near and August. There were pro- bable sellers at 102 3/8 for near. buyers at 102 7/16 for Spot.

into life forces it produces and gives off carbon dioxide in addition to other gases, a form of com- bustion is thus set up. which gradually breaks down the tissues of the fruit. When fruit is freshly picked from the tree Its respira- tion is temporarily, accelerated, and deterioration becomes more. rapid. The scientists worked on the assumption that if the breath- There were sellers of Sterling ating action could be controlled, de- 1/2 9/32 for near, buyers at 1/2 10/64 for Spot. US. Dollars, sel- lers at 29 9/16, buyers at 29 19/32 for Spot. Uncertain.

SHANGHAI MARKET

IN THE AFTERNOON

IN STERLING

Profits 8,776,796.76"

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

.

Board of Director:- Li Koon Chuu, Esq. Li Lan tang, Esq. Sir Shopson Chow, Chairman

P. K. Kwak, Esq. WongChaBon, Esq. Wong Yun Tong, Esq. Kan Ying Pu, Esq. Chan Ching Shok. rung Ping Wah, Baq

Esq.

Kan Tung Po, Esq., Chief Manager.

•Li Toe Fong, Esq., Manager.

Amoy !!

Hobey Deleucia

Halpboke

Hovolala

Kot

terioration could be retarded. This Cente fact has been proved, and perish- able soft fruits have been kept in perfect condition for periods ex- tending to months, and when

No business was reported, finish-deteriorate, ing with sellers at 1/2 5/8 July-

· THE CHASE BANK

15, QUEEN'S BOAD CENTRAL

HEAD OFFICE:

18, PIE STREET,

NEW YORK.

An American Bank offering .com.

pleto Foreign Banking Service. in the principal Markets of the world. Interest Rates on Application.

*

SAFE DEPOSIT BOXES

This Bank in entirely owned by THE CHASE NATIONAL BANK, NEW YORK, with Resources over U.S. $2,500,000,000.

D. M. BIGGAR,

Manager.

THE YOKOHAMA SPECIE BANK

LIMITED

Capital (fully paid up)

Reserve Fund

Yen 100,000,000 (0. Yen 132,650,000.00

HEAD OFFICE:-YOKOHAMA

BRANCHES AND AGENCIES, ATT Alexandria Honolulu Bangoon Bangkok Hainking. Rio do Batavia

Karachi

Berlin" Kobe"

London

aneiro

Bombay

Francisco

Calcutta

Los Angeles Seattle

Canton

Semarang

Boursbaya

Basrodo BWALOW

Dairen

Shanghai

Branches and Agencies —

Kowloon Lanang London

Manila Balgo Eydney Katbourne San Fran." Thoka

dino Tiantada Saw York deactle Tokyo Backs Bemarang | Vasdonner Parla Shanghai, Tokohama Paiping Bingapore

Every description of Banking

*

Manila

Moji

(Dalny) Nagasaki Singapore

Fengtien Nagoya Soerabaya

(Mukden) New York Sydney

Hamburg Osaka

Hankow

Harbin París

Tientain

Takyo

Tsingtao

Yinkow

Interest allowed on Current Ac

Hong KongPeiping

approved counts,

The market was quiet in the taken from the storage chamber and Exchange business transacted. afternoon.

have been found to be in perfect Loans "granted on condition and to keep for a con- securities. diderable time before beginning to

Ourrent

'Deposits," received for Fixed Accounts opened in Perioda at rates to be obtained, on Local Currency and Fized De application. posits received for one year or

Y. KANO Foreign Currencies on terms which Hong Kong, 19th March, 1937. shorter periods in Local and

Safe Deposit Boxes To Let.

KAN TONG PO,

** Chief › Manager.

Experiments showed that cer-

December, buyers at 1/2 21/32 fortain varieties of grapes which had any delivery.

presented a seemingly insurmount- able obstacle for exporters could be kept long enough to reach the Bri- dah market in arst-class condition. and retain their condition during a reasonable period for marketing and household consumption. ↑

U.S. DOLLARS. The market closed with seller at 30 1/4 July-August and 30 3/18 September-November, buyers" at 1/16 higher respectively.

SHANGHAI DOLLARS -༄! : - Sellers at 102 1/2, buyers bably at 102578 for čásh."

This gas storage process has de pro-monstrated that the question of

DEFICIT

FOR HAMBURG

AMERICA LINE

A deficit of 750,000 market £60,-

temperature can be almost dis- regarded. In tests, oranges were 000) is shown in the annual report in perfect condition after seven of the Hamburg America, ne for months of storage ripe bananas | 1938 published in Berlin. UNITED STATES

were still edible after four months. This figure, which will be sub- INCOME FOR 1936 of storage, and tomatoes showed no mitted to the general meeting of

sign of wastage after weeks in the the Company on June 29, com in half, and after nine weeks in the marks (£383.200) in the previous chambers. Tomatoes have been cut pares with a defcit of 2700,000

Managar.

1. K. SHAREBROKERS'

·ASSOCIATION

BUYERS

Banks, $1900... Trama $14.50, Electrics, 594.

BASELLERS Trams, $14.70;20 Dairy Farms, $284. SALES

Lands 35+/4. Watsons, $5 Electrics, $60.

The United States national in come was over 62,000,000,000 dollars test chambers have shown no sign year. The deficit says Reuter, is tons as compared with 102, ships (£12,400,000,000) last year, an iu of decay, in fact, they have had covered by a special reserve fund, of a total tonnage of 714,232 gross crease of 7,500,000,000 dollars over the appearance of having been cut No diydend is announced. From registered tone a year before. 1936, according to Department of within the hair-hour.

the reserve fund a further amount The report states that the bet of Commerce figures Y

of 7,000,000 marks (£580,000) was ter revenues resuited chleby from Political tab thumpere, who

taken chiefly for meeting the losses the recovery of world economics. .185 maintain that "ten per cent. of the

arising from the devaluation of Business as a whole, however, it is .165)

country's wealth, find no support

foreign currencies.

hdded, was considerably influen 11 from the Department of Commerce

Revenues from the ordinary ced by the fact that revenues nguren, which show that Labour

shipping, business amounted to sisted chieny of devalued # received 68 per cent of national

28.680,000 marks (22,134,4

cles: while expent Income...

compai with : 18,720,000

Passenger tramo (E1,407600) in 1935, T

105 400 passengers in: 1990 sen-going vers

resumed, and is-

The major investigations on this process were carried out in Mel bourue by the late Mr. O. H. B. Lockyer, a son of the late Sir Nor- man Lockyer, dean of the faculty of sclepce, Cambridge University, Since Kr Lockyers's death in 1995, the completion of the mechanical In 192 the Department of Com side of the process has been carried 045) merce, estimated the come a out by Me A: 0. Nicholson, who

over 78.000.000.000 dollars, so that was associated with Mr. Lockyer in January some progress his still to be made. the earlier investigations.

total of 800.543. CROSS

registeren

were in markal

tom