1937-07-15 — Page 12

HONG KONG DAILY PRESS, THURSDAY, JULY 15, 1937.

H. K. STOCK EXCHANGE

AND

12

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Sharebrokers'

Association

WEDNESDAY,

Baywa SolarD

You al

JULY 14.

wwwww

Beiturs

Kalev

H. K. SHAREBROKERS

ASSOCIATION

Banks

Philippine Gold. Mining Quotations

13th July

B. S.

14th July, 1937

3.08 3.40

'Time Received

clòs.

Closing 0.07 9.57 10.23 11.10 3.30

Rates

Unquoted

...2021 1920

Benguet Consol 10.00 10.28 8.76 10.00 10.00

0

179

17

10

58 ,50

.0% .021

03

20'

17

clos.

E

$1,935

H.K. Banks

£17

Do. (London)

$1,900 eu

2101

£13

Chartered Banki ... Mercantile Bks. “A”

2161

• £33}

210

1100

Do.

Bank of East Asia...

N. 0. & S. Backs ...

Insurance

MO

215)

199

$300

*

Cauton Lusarw11500..

$300

Antamoks

89

87

89

に

$825 1899

Union InsuraƠN ........

TORD

Atoks

22127

ง

Underwriters *****

3r

1280

H.K. Fires

$480

Baguio Gold

13

international Assen 7.

Shipping

Benguet Explor

Dougiane dies

147

Sch

ult

.78+

Lacobinas (prof.)

108/11 Shells.............

Waterbosts

18

Big Wedge ...

$51

Coco Grove

56 59

[det.)

3.42

Consol Mines

108,414

191

Demonstrations

53

.52

T

Mining

29/5

Kailans

#11.40 abs

E. Mindanao

181

18

19

20/3

G. Gohlfelds

IA

14

10

Jil.es!

$5 Veboxuela Gold Fide.

351.

Itogons

87

62 67

Docks, WharTOE,

Godowns, etc.

L.XL

€7

67 69

Masbates

21 21

Min. Resources

21

201

21

$117

#2)

tu cta

***

3118

#2}

Northern Mining

7

い

1500 &

Paracate Gumaus...

36

35 38

3323

San Mauricio

1.30

1.45 1,30

$108

Suyoc Consol

31

301 31

291

United Paracales, ...

87

67 88

88

10.95

Market Comment.

Fier E E

E

Sier

Q.S.

B

S

1351/?

$102

M

86.26 $0.10

° ® ! £ ! Zཚ| } ། 8 ། || ༄ i a3

H

BANKS

HONG KONG AND SHANGHAI | THE CHARTERED BANK OF INDIA

BANKING CORPORATION

Authorised Capital ...... $80,000,000,, Issued & Fully Paid-Up $20,000,000 Reserve Funds':—

Sterling

..................£6,500,000

Hong Kong Currency

Reserve

Reserve Liability of

Proprietors..

·AUSTRALIA AND CHINA, Incorporated by Royal Charter 1933

'HEAD OFFICE: LONDON: 35, Bishopsgate E.0.4.

10,000,000 Paid-up Capīta)..

Keserva Fund $20,000,000 | Reserve Lability of Pro-

Bead Offee:-HONG KONG

Board of Directore. G. Miskin, Esq.,

Chairman,

Hon. Mr. M. T. Johnson,

Deputy Chairman,

J. K. Bousfield, Esq.,

A. H. Compton, Esq.,

S. H. Dodwell, Ex

J. R. Masson, Esq,

K. S. Morrison, Esq.,

aristors

24.800.000 .... £3.000.000

13.000.000

MANCHESTER BRANCH:

11. Mosley Street, Manchester.

AGENCIES AND BRANCHES:

ALOE STAR ILOILO AMRITSAR

КОНГ KUALA

SAIGON SKMARANO

BOURABAYA:

BANGKOK

1POIL KARACHI

BATAVIA KLANG

AEREKBAN SHANGHAI

BOMBAY

BINGAPORE

CALCUTTA CANTON CAWNPORE

SITIAWAN

LUMPOR

KUCHING

Hon. Mr. J. J. Paterson,

T. E. Pearce, Esq.,

TAIPING

CO

MADBAB

A. L. Shields, Esq.,

Sir Vandeleur M. Grayburn,

COLOMBO

MAXILA

DRUHY

MEDAN

TIENTSIN

TOXQHAH

(Bhuket)

KALPHONO

NEW YORK

TSINGTAO

Chief Manager.

HAMBURG

KANIOW

Branches:

HARBIN

Awoy

Iloilo

Peiping

Bangkok

Ipoh

Penang

Batavia

Johore

Rangoon

Bombay

Kobe

Saigon

Calcutta

Kowloon

Canton

Kuala

$471

$9.30

18.00 $35

#387

HX. & K. Wh{AŻYOR.

Providents (oli...

Do.

(now))

I.K. & W. Docks

Bite Shangai Ducks. S. New Engineerings 8.

$3

$108

16.30

F31

TBJ

Lards, Hotels, and

• Buildings

H.E. Hotpla

H.K Lands.......... Du, 4% Debentures Shanghai Lands.... Metropolitan Lands.:

H. dealtres. China Do B

1. Delutud,

Hadiphreys

„Chinos Estates.....

Cotton Mil

$90

$16.8 1120

Ewos

$34

Zoong Sings

$149

1. $13,80

$60

$18

..

S'ha Cottons(id)S.

Do. (news.

Wing On Textilen(S.)}

Evo Cotton Rt." S.)

Pablie Delites

Tramways......................) $14.50 Ponk Traus (old) ..... 10.

Do. (now)... $21.

Star Forries

Yaumati Ferries...

China Lights (old)...

Do. (DOW)...

26 10

HK. Electrice ............... 2301

Macso do.

$14) || Sandakan Lighta ........

19.40 Talophones (old)

$11,60 Do.

(new)

$12) China Busca -

포

Tractions

937-

Do. (prot)...

Industrials

$16

Caldbeck, Nord) 23

$17

32

Canton Less.....

#151

$26

$203

⠀⠀

::

(now){45 ots.

prem.

Maogregors (praf,¡8.

Cemonts

16.05 Kupus

Miscellaneous

Dairy Farina".. ..

16.20 Ch. Etainmenta...........

$1.60 Constructions, (olid))

Do.

Lane Crawfords................. Nanyang Tobacco...

13.00 Biacorea nung a

Watsous

E. U. Enterprise 970.G. 5419250.4 Bea.. H.K. Gorb. 4% Loans

prem. 8%

Wallion Harper

15

$9.05

***

1:ག་སྤྱི་

100

$11.45

$16.8 >

-$120

$31

$8!

ཝིན། བྱུང། ཨོ།

129,35

PHILIPPINE MINING

NEWS

Quotations pulled themselves up share bundles. Prices ranged be

On

tween the opening and low of 171. and 21, the high and close. Reports the company was pushing its dev- elopment programme in spite of recent unfavourable remarks by Security

H. K. STOCK EXCHANGE

YESTERDAY'S

OFFICIAL

QUOTATIONS

Commission engineers In the absence of better news the dominating from the North, Sellers were dis- inclined to query: prices, and the volume of business tended to in- crease at a lower level.

factor in the move. A six-page report covering its activities is being sent stockholders.

Most heartening to those pulling on the constructive side of the market was the revival of interest in the more substantial issues auch

In the Investment Section, Elec- tries, Ferries and Trams sold at $80.00, 388.00 and $144 respectively.

In the Speculative-Section, how-

by the boot-straps yesterday the International Stock Exchange and the day ended with the first notable advance in over a week atates the "Manila Bulletin "of July 10. Trader's seventh sense told them the Securities and Ex-were bellevea change Commission would look with favour upon the petition of the two local exchanges and many #13.70 individual investors who petitioned for an extension of time before enforcing new marginal require menta. Quiet strength was ap parent from the opening of the as San Mauricio and United Para-ever, the easiness was more clear- cale. The former has been a con-ly apparent, with Hotels sold at forenoon meeting. Confidence ex- panded as the day grew; sellers sistent backslider with very few $8.75, Lights at $13.80 and Cements

at $15.00. retired to the background, buyers friends on the buy side. Its de- became bolder and more numerous, cline from a recent ngure of F2.05 concern, The contagione spread and before to P1.65 caused the day was over a mild rally was in particularly in view of the light Stocks that failed to volume. But the stock met all progress. trade in recent sessions made their comers yesterday with large appearance at advancing quota volume going over at P1.70. United tions. In spite of the fact volume Paracale found a resistance level was restricted, the market's per around 2 and rebounded to close

at 74. formance nonetheless was in dis

Volume was the heaviest tinct contrast to previous exhibi- in days. Gumaus Goldfields con- tions of recent days. International tinued a trading and after a sink- averages of producing stocks were ing spell on the opening, closed stronger on the day. Gold shares up 1.96 to 127.84 and the non-pro-

throughout ducers scored a 2.09,gain to 103.52. exhibited strength

Speculative No. 1, Batangas, most of the recent decline and

#2 $15.35 15.20

$28

16.10 $1

18.00 $6.80 $9.00

$4.90

31

D0%

LONDON EXCHANGE RATES

Pasts

Geneva

Merlin

21.67"

$102

sonie

3109 stole the show most of the day, be has continued to display strong re- ing tossed around with abandon,cuperative powers, finishing above mainly in five and ten thousand the previous closu

Do.

$80

H.K Wing O

18$

Do

$100

ม

Vibro, Piling

490

28/ 7/9/8/3

Marsmans Inv. (Don)

(ELK)

40 cla

Wo. Powells

140 cta

*Sales to Shangh■í ·

(British Wireless Service)

July 12

July 13

128-1/32

12.35€..

127-83/84 21.87 12.351

941

18.40 1/2-5/18 4.98-19/16

9.03

142-7/18

041

19.301 1/2-9/32 4.987 9.02

(142-7/16.

1/2-21/32

4971

29.491

4.874 29.51

Belgrade lik

Moate Video.....

Athens

Milan

Copenhagen Stockholm Shanghal.

New York

Amsterdam

Vienna..... Prague. Madrid......

Lisbon

Hong Kong

Bombay Montreal Brussels Yokohama

#Rig

Bucharest.....

Silver (Forward)

Silver (Spot) War Loan

20-3/18 211

31% 100-5/16

Closing Quotations

July 14, 1937.

LONDON Tolegraphic Transfer... }}'2 Bank Bills, on demand Credits four months

ON SHANGRAI

2. On Demand straf...

On JAP

201

20-1/16 31% 100

ON NEW YORK = ——

Bank Billa, on demand 203/18 Credite, 60 days' night., 30 9/16 ON BATAVIA

19/32

On demand G PAKE 1/2 15/21

103-

1041

* Bank Billa, on demand 777 vid Credits, 4 month's sight 828.

Os BA1000

424 On dematid

THE EXCHANGE

MARKET

MESSRS. ROZA BROS.

ANGLO-AMERICAN TRADE TALKS

•

London, July 13. Further reference was made lit the House of Commons by the Pre- sident of the Board of Tradė, Mr. Over Stanley, to the recent In- Silver prices dropped 1/16 yes formal and exploratory discussions terday for both deliveries, the with the United States Govern- quotations being 20 1/16 for Ready | ment. and 20 1/8 for Forward. Bulver Replying to a question he said advices reported India and China

that representatives of the Domin- 25 having sold. Speculatorsion and Southern Rhodeslan Goy- bought. The market was steady ernments, who were in London but idle. American Sliver was recently, expressed full sympathy quoted at 44 3/4 for Spot.

with the desire of the United King The London-New York cross-dom and United States Covern- rate was quoted at 406.87. New ments to expand world trade York-London was unchanged at 497.1/10.

MARKET Quietly steady.

STERLING

No business was reported. There wers sellers at 1/2 5/8 July- December, buyers at 1/2 21/32 for any delivery.

US. DOLLARS

-A small business was done at 30 1/4 for August delivery, To- wards the close 30 5/16 was ar- ranged for cash. The market: closed with sellers at 30 1/4) July and probably-August and 30 3/18 September-November buyers at 30 1/4 September-November.

Banks sold from $1905 to $1915, despite a drop in the London quotation of £1 to £117.

The Manila market was again easier, though, to a lesser than on the previous

H.K. Bank, $191ree

BUYER

Douglases, $471.

Union Waterboats, $9.30. Chinese Extates, $90. HK Tramways,

Peak Trams (Old), $5. Peak Trams (New), 32). Star Ferries, $80.

Y. Ferries, $26.

Cements, $14.80. Watsons, $5.

Dairy Farms, $26.

Wm. Powell, Ltd. 40 cts. Constructions' (New). 45 cts, Vibro Piling: 54).

HK. Gort, 31% Loan, 24% Prem.

SELLERS

HK. Bank, $1920.

Union Ins., $625, China Lights (Old), $14.30.--

Cementa. $15.10. Dairy Farms, $26.35.

SALE

HK. Bank $1805. H. & 8. Hotels, $63. HK Realfies, $2"- HK Tramways, $14j. Star Ferries: 388...

China Lights (Ola), $13.90 HK Electrics, $80. Cements, $15.

San Fran

cisco

Chefoo Lumpur Shanghai Colombo

London Singapore Dairen Lyons Sourabaya

Sungei Foochow

Malacos

Haiphong Manila . Patani Hamburg Maar Tientsin Harkow (Jobore) Tokyo Harbin Mukden Tsingtao Hongkow New York Yokohama

Current Accounts àpaned is Local Currency and Fixed Deposits received for one year or shorter periods in Local Currency Aid Sterling on terins which will be quoted on application...

Also up to date Safe Deposit Boxes in various sizes To Let Hong Kong, 12th May, 1937.

HONG KONG SAVINGS BANK

HE Business of the above TB is conducted by the BONG KONG & SHANGHAI BANKING CORPORATION, Bale may be obtained on application.

For the Hosa Koro & SHANGHAŤ

BANTING 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......... 6,585,600,00

Reserve and Undivided

Profits

PEPING

TOKOHAMA

(Peking) OANGA

PENANG

HONG KONG RANGOON

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 Executar & Trustee business, and claims, recovery of British Income Tax overpaid, ób terms which may be ascertained at any of the agencies and Branchen.

RAW. ROBERTS,

** Manager,

THE CHASE BANK

18, QUEEN'S ROAD CENTRAL

HEAD OFFICE:

18, PIE STEHT,

NEW YORK.

An American Bank offering com

plete Foreign Banking Service in the principal Marketa of the "world.

Interest Rates on Application.

SAFE DEPOSIT BOXER

This Bank is entirely owned by THE CHAS NATIONAL BANE, NEW. YORK, with Resources over. U.8. $2,600,000,000.

D. M. BIGGAB,

Manager.

THE YOKOHAMA SPECIR HANK

LIMITED

2,776,728.76 Capital (fully paid up)

Yen 100,000,000,0 Reserve Fund... Yen 132,650,000.00

HEAD OFFICE:-Horo Kong No, 10, Des Voeux Road, Central.

Board of Directors:

Sir Shouson Chow, Chairman 1 Li Koon Chun, Esq. Li Lan tang, Esq. P. K. Kwok, aq. Wong Chuson, Esq. Wong Yun Tong, esq. Kan Ying Fo, Esq. Chan Ching Shake, Fung Ping Wah,

i

HEAD OFFICE-YOKOHAMA

Branches and AGENCIES ATH

Alexandria Honolulu Rangoon Bangkok Hinking Bio "do Batavia' Karachi... Janeiro Berlin Kobe

*: San Esq. Bombay

Loudon

Francisco

Manila Semarang -

Kan Tong Po, Kiq, Chief Manager. Lá Tao Fong, Esq., Manager.

Branches and Agencies |---

Kowloon-Penang Douraday) Landas i BangOOD • BWALOW Manila

Balgon Bydary Kalbonena "175 Prea...... Ekkoku Wagnak!

eleco Tentein. New York Beactio Tokyo

Semarang Yanguer

Amer

Estaris

Bombay

Caloutis

Canton

Erphong

Baskowa, Qanken

Hegstula Pach

Kobe

Shanghai Priplog Singapore

Calcutta Los Angeles Seattle

Canton Dairen

Moji 5.,

Shanghal

(Dalny) Nagasaki Singapore Fongtien Nagoya

Soerabaya

(Mükden) New York Sydney

Hamburg Osaka

Tientain

Hankow Utare

Tokyo

Harbin Paris

Tsingtao

Tinkow

Interest allowed on Current Ac- counts.

Bong KongPeiping" Tokakses

Every description of Banking

Deposits received for Fixed and Exchange business transacted. Periods at rates to be obtained on Loans granted

approved application, securities.

Current Accounts opened in

ón "

Er

Y. KANO.

Manager.

Local Currency and Fixed De-Hong Kong, 10th March, 1937. posits received for one year or Local and shorter periods in Foreign Currencies on terms whinh

Safe Deposit Bozes To Lat.

KAN TONG, PO."

Chief Manager.

As the next step, further discus- sions are now taking place between representatives of the two OTCIA" ments in the hope that the com- mon desire for a přáčtical step tow wards the promotion of trade may EXCHEQUER RETURNS REICHSMARKS

make it possible to unga Danis for trade negotiations. British Wardeis,

FRANCO GERMAN

TREATY

London, July 13.

U.S. GOLD RESERVES

London, July 13.) In reply to a Parliamentary question the Chancellor of the Ex- chequer, said that the gold reserves of the United States of America QUOTATIONS on March 31, last amounted to about 331,000,000 fine ounces of which about 120,000,000 ounces re- Presented the net addition since

September 1931 British Wireless.

Berlin, July 13. Reichsmarks quotations, without guarantee, were: -

New York, 40.22. Paris, 103.6

Amsterdam, 73.00 to 73.05, pad Paris (sterling) 127.97 tó -128.01-5- Paris (UB, dollar), 25.74tp

Lordón, July 13. Exchequer returns continue to reflect the satisfactory state of nationalTM fnatices. The total or dinary revenue to date amount to £159,037,272 compared with £149,272,026 at the corresponding date last

Advances are showil under all main headings inlang Dealing with the new Franco-reveue yield, to which income tax 25.748- German trade treaty in a leading contributes 220,276,000 and estate Transocean News Service article, the Financial Times, de-

duty£26,130,000, reached the clares that this is the first step to total of £56,546,000 on July 10 as Sellers at 102 3/4, buyers at 102 wards the better mutual under compared with £51,095,000 in 1936.

standing which everybody desires.

On the same date 289,665,000 7/8 August. VALEN

is as satisfactory.as

against £84,331,000 had been col- the circum-

lected from Customs and reise. #The The total ordinary, expe ture to Yom

SHANGHAI DOLLARS

SHANGHAI MARKET Sellers were reported at 1/2 1/473 for cash The forward market was

com

STEEL WORK BEOPENS

"STAR" FERRY DIVIDEND

The Directors of the Star Ferry Co, Ltd have declared an Interim Dividend of $2 per share for the half year ended June 30, 1937

They report that the balance of the Company's Working Account for m that period shows an increase of. 2500 Over that for the first six months of 19282. Extra, trane dures

the Coronation Celebrations counted for about $12,000 of this