1937-07-19 — Page 12

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DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

مسلحة

Sharebrokers?

Association

SATURDAY.

Ballara

Nominal

Khay dick

JULY 17.

Banks

HK Banks. *********$1,886 4

!!!!!!

FES

109/

HONG KƠNG DAILY PRESS MONDAY, JULY 19. 1937.

H. K. STOCK EXCHANGE AND

H. K. SHAREBROKERS' ASSOCIATION

Ħ.

Philippine Gold Mining Quotations

Coco Grove ...

for

10.00 10.25

81 94

2.40 3.03

clos.

3.38

1

BIFEU 1-12 181ate!

od.

$1,096,910

1,905/10

19. (London) ...

214

Chartered Banks

18th July, 1937

8311

Mercantile Bks "A"

£14

£33)

15th July

Time Received

Do

C

B

8

clon.

210

$101

Bank of East Asia.......)

$99

Closing Rátes

2.58

9.58 10.20 11.15

N. U. & S. Banks ...

· 324

Insurances

1300

Canton lusarancos..

$300

Antamoks

86

89

$625

Onion Insuraði var

$623

Atoks

25

201

Underwriters

9

5380

H.K. Firestəkannan ema

$280

Baguio Gold

20

201

$3

Benguet Consol

10.00

Shipping

Benguet Explor

Bt 11.

347

13+

Big Wedge

18 17

ไย.

36

56

Consol Mines

.021

021 .012

301

Demonstratious

34

56

E. Mindanao

19 181

20

21/-

G. Goldfields

18

15

151

$11.45

Itogons

68

58

"70

LXL.

67

67

Masbates

20

19

201 20

$117

Min. Resources"

21)

201..

ពុទ្ធ

272.00

Northern Mining

8t ... 6 bid

600 &

Paracale Gumaus ...

35

301

36

$31

San Mauricio

1.05

1.85

1.80

$100

13

Suyoo Consol

301

30 31

31

1,50

30

United Farscales

89

70 71

*8,40

H.K. Hotola

$61

Market Comment,

S

$ 8

8 8

VQ Eier Sier

H.K Land..........

135

F105

Do. 4% Debentures

$109

$112

Shanghai Land....

$7

Metropolitan Lands..

$6

B.K. Realties.......

$5.20

35

China Do

130

Do. Debentures.

33

Нитрагра

19

#47)

$0.30

$2.00

$42

International Ausca 3.

Douglasce

Steube

Lado-Chinas (pref.)

Do.

(def.)

100/41 Shells `0+ som man

91/-

Waterboats

Mining

Kailans .....

$11.40 Rauby************

60 cli

#31

Venezuels Gold Fld

Ducks, Wharvos,

Godowns, etc.

H.K. & K. Wharton.

Providente (old) .."

Do. B.K.&W, Docks

$108 Shangai Dock 13 New Engiaverious 8. Lands, Hotel, and Buildings

LY

$2

!!!

$35

5、

$117

་་

(16W)

Chinese Batates.....

Colton Mil

18.80 wo......

S'ha: Cottons(uld)S.)

!!!

· 190

$120

315,48

$12

Do-

$34

Zoong Sings. S

$34

480

Wing On Textiles(5.)

$79

J

Ewo Cotton Rta, S.

$3

Pabile Utilitie

114.60 Tramways moun

Pole Trains (old).....] 35

Uo.

$13.90 Chias Lights (old)....

PHILIPPINE MINING

NEWS

| 「༅} || ༈ | } g ༈

30%

QUIRICO A. ABADILLA, direc-would justify the spectacular rise

In the stock market of the shares

tor of the bureau of mines, sent to the Bulletin a statement regarding of the Batangas Mineral Co., Inc. The engineer of the company was the inspection made of the pro-

asked to point out all such work- perty of the Batangas Mineral

ings and our engineer went over to Company, Inc. Mr. Abadilla calls

examine carefully the workings $14.80 attention to the editorial which

shown to him. From his findings. appeared in the Baguio Bulletin.on Friday, July 9, in which reference he made the conclusion in his re- was made to the inspection. In port that with their present work- order that no doubts may be raisings no galena er. sphalerite orez ed in the mind of the public re- garding the work of the bureau of mines, Mr. Abadilla requested that the statement be published. It follows in full:

324

(now). 12)

180

Swer Ferries...

Yanuari Ferries "...

$13.80

$13.80

Do.

(new)...

$84 .3261

$13.15

€80

H.K. Electrics ......

$60

$10

Macao do. "

$144

Saudakan Liglita ........

$291

$11.60

Teleprones (old) ...!

Do.

-20

(new)

$11,40

1124

China Boses115.

34/-

$8/

23/

Do. -(pref.).

Tractions ****

Industrials

$16 Caldbeck, Lord) S

Macgregora(pref.)8.

$17

$2

Canton Ices

$15

Cemente

16.05

Ropes, mark

Miscellaneous

| 126:31] Dairy Farman ......

Ch. Fainmenta........... Constructions, fold)

Do.

Sinceros......1, Watsons

8. C. Enterprises ...

Ch.G.541925G.JBdx|

H.B. Govt. 42 Loans

Do. 31%

Wallace Harper..........! ak Wing On a B'hei

Vibro Piling

28/3 Maramans Inv. (Lon.)

"On Monday, June 28, 1937, cer- tain statements appeared credited to Mr. Roy C. Tuggle, president of the Batangas Mineral Co., Inc., and to the engineer of the said company, Mr. Claude Fertig, re- garding the investigation made by the engineer of the bureau "of mines of the properties of the Batangas Mineral Co. As the office of the Commissioner of Securities and Exchange Commission and the Bureau of Mines were repeatedly referred to, and were made the subject of certain misleading state- ments, it is deemed but proper that this office issue this press note.

$14.30

$6.20

1620

$1.00

1951 $5.10 #11

45 ots

10.00

Laus Crawfords....

(now) ot

Nanyang Tobacco..

$9.00

18.60 $8,80 $2+

16

***

$109

x int. stot

<

.65

$100 $4.50

the

in

140 cts.

For

97

prem. B

prem

14

360

7./7/3

40 ctm.

Don

Wm. Powells

*2.500

*Salento Shanghai

LONDON EXCHANGE RATES

Parla

Geneva .......

Berlin

Athens

Milan Copenhagen Stockholm Shanghai

(British Wireless Service)

July 15

128-1/18 21.659

12.344.

July 18 132 21.71 *12.35%

942

941

1/2-7/32 -4.9-7/16

9.021

1/24

New York

4.96-11/16

Amsterdam

0.011

Vienna

Prague

142-7/16

Madrid

Lisbon

Hong Kont

Bombay

Montreal

4.978

4.977

Brussels

29.501

29.55

Yokohama

Belgrade

Monte, Video

Bucharest

Silver (Forward)

Bliver (Spot)

War Loan

Do LONDON:-

"We wish to express our appre- clation of Mr. Claude Fertig's courtesy to our engineer who in- of the the property spected

and Batangas Mineral Co., Inc.,

Cooperation given to him

order the out carrying of this office. We regret that no mention was made of Mr. Fertig's efficiency in the report of our engineer, but we deem it unneces sary, since our engineer was not sent to investigate Mr. Fertig, but to inspect the mine. In fact there is nothing in the report of our en-

of commercial importance is be- ing indicated.' Mr. Tuggle himself admits that there is no reason for the present spectacular fluctuation of the price of the Batangas stock. which is just exactly the con- clusion made by the Commission of Securities and Exchange Commis- slon based on the findings of our engineer.

"We wish to further state in this connection that this bureau lá in full accord with the steps taken by the Commissioner of Securities and Exchange Commission, and will do all within its power to cooperate with him in his meritorious erortá to eliminate or at least minimize unfair tactics in the stock market which certainly does more harih than good to the mining indus- try."

WEEKLY MARKET LETTER

Prices Sag

H. K. STOCK EXCHANGE

SATURDAY'S

OFFICIAL QUOTATIONS

LIA-

The market was nominal.

were In Manila. prices changed to very slightly lower, in a, quietly steady marekt.

BUYERS

Doliglases, $474. Union Waterboats, $9.30, Providents (old), $2.00.- Chinese. Estates, $90. Peak Trama (old). $5. Peak Trams (new), $21. Yaumatt Ferries, $261. Watsons, $5,0

Wm. Powell. Ltd., 40 cts." Constructions (new), 45 cts. -H. K. Goet. 33% Loan 1% Pri. SELLERS

Union Insurance, $625. Canton Underwriters. $2. H. K. Lands, $351.. Telephones (old), $29. 8'hal Cotton, 8h-$120.

SALES

Hong Kong Bank, 1905/1910. Providents (old) $2.05. Marsmans H. K. 71-17/3.

THE EXCHANGE

MARKET

MESSES. ROZA BROS.

BANKS

"HÔNG KONG" AND SHANGHAI THE CHARTERED BANK OF INDIA-

BANKING CORPORATION

Authorised Capital 850,000,000 Issued & Fully Paid-Up $20,000,000 Reserve Fundi: ----

Sterling

Hong Kong Currency

Reserve

Reserve Liability of

Proprietors

£8,500,000

AUSTRALIA AND CHINA Incorporated by Royal Charter 1853

HEAD OFFICE: LONDON: 38, Bishopsgato E.0,2..

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

Reserve Fund managemen .....$20,000,000 | Reserve Liability of Pro-

Head Office:-HONG KONG

Board of Directors. G. Miskin, Esq.,

Chairman.

www.

£3.000.000 ................ £3.000.000

prietors.. £4.000.000

MANCHESTER BRANCH: 71, Mosley Street, Manchester..

VAGENCIES AND BRANCHES: "ALOR STAR ILOILO

Deputy Chairman. | AMRITSAR

Hon. Mr. M. T, Johnson,

J. K. Bousfield, Esq.,*

A. E. Compton, Esq.,

S. E. Dodwell, Esq.,

Ј. Н. Мавот, Ка

E. S. Morron, Baq.;

Hon. Mr. J. J. Paterson,

T. E. Pearce, Esq.,

A L Shield, Esq...

Sir Vandslear M. Grayburn,

Chief Manager,

Amoy

Branches:

Iloilo

Peiping

Bangkok

Ipoh

Penang

Batavia Johore

Rangoon

Bombay Kobe

Saigon

Caloutta" Kowloon

San Fran-

Canton

"Kuala

Disco

Chefoo

Lumpur

Colombo London

Dairen Lyons

Shanghai Singapore Bourabaya

Haiphong Manila

Hamburg Muse

Foochow Malacce Sungai

Patani Tientsin.

Hankow (Johore) Tokyo

Harbin Hoogkew

Mukden Thingto

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 Let. Hong Kong, 12th May, 1937. BONG KONG SAVINGS BANK

THE Business of the above Bank is conducted by the HONG KONG & SHANGHAI BANKING CORPORATION, Baler may be obtained on application.

For the Hose KONG & SHANGHAI

BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong. Ist March; 1937. BANK OF EAST ASIA, LIMITED.

Authorised Capital $10,000,000.00 Paid-up Capita. ........................ 8,896,600.00 Reserve and Undivided

1POE KARACHI

SAIGON BEMARANG

ANRSEBAY BRANSHAL

BANGKOK BATAVIA. KLANG

BOMBAY CALCUTTA

CANTON LAWNPORE

KOBI

· KUALA

*: LUMPUR,

KUCHING

MADRAS

COLOMEO DALHI

MANILA

MEDAN

HAIPHONG NEW YORK

HAMBURG PRIFING

HANKGW..

HARSIN

ANNGAPORE

SITIAWAN

BOUXEBATA

. TAIPING

TIENTÉIN

TOWNIKAH

(Bhuket)

TSINGTAO

TOKOHANA

(Peking) KamusKIANGA PENANG-

HONG KONG RANGOON

FOREIGN EXCHANGE and General Banking Business transacted.

CUBRENT Accounts opened and FIRE DEPOSITS received, for One Year or shorter periods, as rater 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, on terms which may be ascertained.-ab any of the Agencies and Branches.

RW. ROBERTS,"

Manager.

THE CHASE BANK

15, QUEEN'S ROAD CENTRAL HEAD OFFICE":

18, P STELET,

NEW YORK:

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

Interest Rates on Application.

SAFE DEPOSIT BOXES This Bank is entirely owned by THE CHASE NATIONAL BANK, Naw Yos, with Resources over. U.S. $9,500,000,000.

D. M. BIGGAB;

-Manager.

Profite komple

2,776,796.78 THE YOKOHAMA SPECIE BÁNÈ

HEAD OFFICE-HONG KONG

No. 10, Des Voeux Boad, Central

Board of Directors jam valst Sir Shouson Chow, Chairman Li Koon Chan, Esq. Li Lan cang, Esq. P. E. Kwok, esq. WongChuSon,sq. Wong Yun Tong, Maq. Kan Ying Po, Esq. |Chan Ching Shek, t'ung Ping Wab

Bag.

Fa

Kaa Tong Po, aq., Chief Manager. Li Tas Fong, Esq., Mausger.

Bliver prices were unchanged yesterday, the quotations remain- ing at 19 15/16 for Ready and 20 for Forward. Bliver advices re-Con

Continuously ported the market as being quiet

The following weekly market letter was forwarded us. by Messrs, Ellis and Edgar, Manila:—

gineer which reflects on the e- A week market ruled during the

Prices

week in light trading. ciency of Mr. Claude Fertig.

"With regard to gypsum, Its oc-sagged continuously until Friday curence in that district is not" un- when a rally occurred. This, how

After the official nixing the mar- ket was steady with buyers at the fixed rate but sellers were reserved. American Silver was unchanged at 44 for Spot.

Branches and Agencies ----

- Kowloon » Panang Beaumbaya ↑

Londed Rangeen

Manila Belgia

Melbourne San Fran

Bydney

LIMITED

Capital. (fully paid up)

Yan 100,000,000 00 Reserve Fund ... Yen 132,650,000.00

Hun Orrick:-YOKOHAMA

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

Janeiro Kobe

Berlia Bombay

(Daloy) Nagasaki Singapore

Lendon

Francisco

Calcutta

Los Angeles Besttio

Amoy

Canton

Manila

Semarang

Bombay

Ükicetta

Talhoka"

Dairon. Moji

Shanghai

Haiphong Henciala Paris Mobe

Fengtion Nagoya

Soorabaya

Peiplay.

Tanghal Singapore

Yokohama

(Mukden) New York Sydney

Hamburg Osaka

Tientsin

Hankow

Tokyo

Tsingtao Yinkow

dece, Tikatain Magsarki New York Beactin Tokys

Semarang Yanoonvar

Or Every description of Banking Harbin "Paris

and Exchange business transacted. Hong KongPeiping

approved Loans granted on

Interest allowed on Current As-' sound. The London/New York cross-securities.

Fixed for Accounts opened in

received Currenz

Deposits and Fixed De Perioda at, rates to be obtained on rate" was quoted at 496.95. New

posits received for one year or application, York/London was quoted at 4974. Local Currency

KANO; shorter perioda in Local and Foreign Currencias dh' terms which will be quoted on application. Bafe Deposit Boxes To Let

KAN TONG PO;

Chal Manager.

MARKET Quietly steady.

STERLING

A small business was reported. early in the morning at 1/2 21/82. for forward delivery. The market closed with small sellers at 1/2 21/32 for forward and probably cash, buyers at 1/2 11/18 for any

Ú.S. DOLLARS -

A small business was done early

CARGO OF SILVER FROM NORTH

The second shipment of silver. to a total value of $27,625,000, which is to be deposited in the vaults of the Hong Kong and Shanghal Bank, was unloaded on Saturday in Connaught Road Central opposite the Supreme Court.

known to this office. In fact, it is ever, was not sustained to-day, described in several publications of through obvious: lack of interest, the Bureau of Mines or of its pre- despite early friness. Averages: decessors, and it was not deemed closed at 128.64 for à loss of 5.40 necessary to mention the same in points. the report of our engineer, as there

In many quarters the weakness is nothing in the information so of the market was attributed to the far gathered by this office which near approach of the date, fixed by would indicate to existence of SYD- the regulations under the Securities sym in the said region in commer Act for adjustment of marginal ac-delivery. cial quantity and quality. Neither counts. Strong: representations had Mr. Fertig indicated to our were made to the Commissioner for engineer any new discovery or an extension of ninety days, which, in the morning at 304 for October development which would add to after due consideration, was grant delivery. The market closed with our previous information regarded in an official announcement sellers at 30 5/16 July and 30 ing the possibilities of gypsum de published after the close of bul-August/Ocotber, buyers at 30 pasit in that region. :

ness yesterday. The effective date July and 30 5/16 august/Oktober.

* BHANGHAI DOLLARS | "With regard to the time spent in now the 15th of October.

Quid Bellers at 1oz 15/16, by our engineer in the property,

The President Coolidge, which Total sales for the week amount-; we wish to state that sufficiented to 22,080,845 shares, with an ap bayers probably at 1031 for Spot.

MAG SHANGHAI MARKET conveyed the silver from the time was spent by him to acproximate value of P3,050,850, as

There were sellers of Sterling northern port, arrived in harbour complish the purpose of the fa- compared to 41,823,705, of an ap-

at 1/2 for Spot, buyers at 1/2 early on Saturday morning, and spection, and that this office is proximate value of P6,308,741, for

17/54 US Dollars, sellers at unloading of the cargo shipped satisfied that he accomplished the the previous week Bank Billa, on demand 30 3/16

291 for Spot, buyers at 29 17/32 from the Shanghai branch of the Central Bank of Chins, commencen Credita, 60 days' sight. 30916purpose of his visit. It should be

Sales of unlisted stocks were re for Spot ON BATAVIA

understood that it was not the ob-

at 8 am following prices:- ported at the.. ject to conduct an exhaustive in vestigation or the geology of all Acupant 024, Equitable 0525 G. the claims of the Bamingas Miner River: 048 047, 045 801 035 Grain And The Army in large funks with armed guards al Co., Inc., but simply to find out Lone Star .008, 008 Mamb. Cons for the Commissioner of Securities 25, 24, 23 Mind 14 13,112, 12, 126

19-15/16 20

31% 1004

Closing Quotations

July 17, 1937.

Telegraphic Transfer... 11/2"

Bank Bills on demand Credits four months".

might*****

ON BHANGHAI:-

ON NEW YORK:→

19/27

·Ou demiand UN PARIE

54 $/16

1/3 25/39

Bauk Bills, on demand 790

Credits, 4 month's sight 841

101

Om B41008

On demand

OB MANILA?——

le demand

O

BANGROE

On Demand

ON SIXGAPORE:

On demand

- On "JAPAN :-an....

On-demand

Tolsgraphic Transfer. "Beak" on dem

15% On demand

Вотнищенк

Bas Silver pre.

Berlin, July 17 Germany will no longer covA- and Exchange (Commission, and Sto Nino 27 y Placer 05 055, 055

and Virac 16,“ www.tenance the lasuing of estimates for the information of this om

on the grain crop. whether or not, the workings and S.C. Fs Gold Share Average

127.81 Wednesday 127.55. The information, it is stated in development

124.90 Tridas 128.10 and Berim might have military signi-

cance Router.

It was taken off the Dollar iner

on board and then to the Bank by motor lorries

It was almost midnight before (ely deposited in the aliver wis the rants,

brised of The shipmen Chinese silver dollars and 4,065 ailver bats,

Manager.

Hong Kong, 10th March, 1937.

MANILA MINING

SHARES

Hong Kong, July 17. :: Ertin Mánia closing quotations ngures kindly supplied by Ellis and Edgar,

Associated Mines

Acoje Mining Angelo Dulong

Gold Creek Ipo Gold

"Gold River:

Mother Lode

Paracale Cold Balacot Batong Buhay Universal: Expl Bued

Dayaka

Crown Mines Mambuiso Byndicate Invest. Tinazzo Santa Rosa Mine Operations

དྷབྷབྷཡཱཿདྷ ཐེཨྰཿཀྑཤིཙྪབིནཏནི ཐ ནི ཛྫི