1937-07-28 — Page 12

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Sharebrokers'

Association

Mayer Srit

Bains Nominal

TUESDAY. JULY 27.

Ballery

Nomina

Banks

H.K: Banks

Do. (London) .. Chartered Banks

Mercantile Bks. "A"

Do....

Bank of East Asia...

1,925 od

་་

€112)

Ett

233

#101

$200

Danton LuszTRIJDEN..

1625

-32%

1280

N. C. & S. Banka ....

Insurance

Union Insurances .....] Underwriters

H. Firesp

$3 International Assco. 3.

Shipping

Douglaseruinerie, Steambts

Indo-Chinas (pref.).

$48

384

$42

39.30

4

X0/8

108/0

Shella

DJ. (det.)

Waterboat

Atislag

Kailans MOSH

$11.40 Räub

15

Vedazdeln Gold Fid..

Docks, WharTON,

Godowns, etc.

$117

HK, & K. WHAT

42)

160 ch.

JUNIUS

Providents (kl) ...

Do.

(new) #3985) H.K.4z W, Docks 168 Shangnai Docks S. 03) New Engineerings 8.

|Lands, Hotels, and

Buildings

$6.90

H.K. Hotels.......

$35

H.K Landa...

3108.

Do. 4% Debenturas

$7

31

160

$90

and bugim

$80

Shanghai Landi,.,S, Metropolitan Lands..

16.10. H.K, Rulties..........

Do. Debenturess.

Humphreys an

Chincas EstatDE.

Cotton Mills EWS. She Cottonsfuldj9.

Du (new

!!!!!!!

!!!!!!!

!!!!!!

01:14

o.d

$1,920 2112 214

£33

393

HONG KONG DAILY PRESS, WEDNESDAY, JULY 28, 1937.

H. K. STOCK EXCHANGE

AND

H. K. SHAREBROKERS' ASSOCIATION

Philippine Gold

goth July

B. S

Mining Quotations

97th July, 1937

cios.

Time Receivert clos, Closing 10.26 10.96 1091 1.21 3.38 305 342

Rates

21

71

74 .70 72 73

20 201

20

92)

18

17 19

174

0.75

9.75 10.25 9.60 8,75

A bid

14

***

$207

Antamoks

1829

Atoks

12

3280

Baguio Gold

Benguet Consol

Benguet Explor

$48

$84

Big Wedge

14

14

Coco Grove ..

+

--43

42 47

K3

108/9

Consol Mines

2019

017 .018

.1

191

Demonstrations.

+4

43

*

41

E. Mindanao

16

15

17

18

20/6

G. Goldfields

11

10

11

10

311.45

Itogona

54

01

03

ניג1

1.2. L.

38

*

*59

31arbates

17

16

17

$117

Min ResourceN

I

15+

18

12.15./20

Northern Mining

41 10

4 of

50 ot.

Paracale Gumaus

21

20 27

25

$32

$106

San Mauricio

$3

Suyog Consol

1.10 24) 器

1.06. 1.10

J

23.

United Paracales...

83

62 01 51 62

11111:1

58

61.

16.65

Market Comment. S'diar Q

$35

$102

$5.90

19

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital

..... $50,000,000

Issued & Fully Paid-Up $90,000,000 Reserve Funds:~~

Sterling

........................£8,500,000

Hong Kong Currency

THE CHARTERED BANK OF INDIA AUSTRALIA AND CHINA Incorporated by Royal Charter 1853

HEAD OFFICE: LONDON:

38, Bishopsgate EC.2.

-

£3.000.000 £3.000.000

43.000.000

Reserve...$30,000,000 Paid-up Capita!.. Reserve Liability of

For Fund ..... Proprietors

$20,000,000 || Reserve' Liability of Pro-

prietors

MANCHESTER BRANCH: 71, Mosley Street, Manchester.

Head Office:-HONG KONG

Board of Directora G. Miskin, Esq.,

Chairman,

Deputy Chairman.

Hoa. Mr. M. T. Johnson,

J. K. Bousfield, Esq., A. H. Compton, Esq.,

S. H. Dodwell, Eq

14

J. R. Mason, Faq,

K. S. Marrion, Esq.,

SAIGON

AGENCIES AND BRANCHES: ALOE STAR ILOILO

ПРОВ AMRITSAR BANGKOK

KARACHI BATAVIA BOMBAY

BAMARANG

SEREMBAN

KLANG KORK

SHANGHAL

SINGAPORE

CALCUTTA KUALA

BITIAWAN

CANTON

COMPUS

SOURABAYA

Hon. Mr. J. J. Paterson,

CAWNPORE

KUCHING

TAIPING

T. E Pearce, Esq.,...

CBU

MADRAS

TIENTAIN

A. L. Shield, Eao.,

COLOMBO

MANILA

TONGKAR

Sir Vandaleur M. Grayburn,

DILHI

MRDAN

(Bhuket)

HAIPHONG

Chief Manager.

aw IdEI "LƯỢTẠO

НАМЕСВО

YOKOHAMA

HANKOW

Branches

HARDIN

Amoy

Iloilo

Peiping

Bangkok

Ipoh

Penang

Batavia

Jobore

Rangoon

Bombay

Kobe

Saigon.

Calcutta

Kowloon.

Cantou

Kuala

Chefoo

Lumpur Shanghai

62

Q" E S ຍ E'ier 8

PHILIPPINE MINING

NEWS

Good progress has been made on

Development in the Mindoro outside exploration at the East mine consisted of 54 feet of ad- Mindanao Mining Company, ac-vance. The 400-foot level sump i cording to the June report of John being cut to hold water back from Bmeddle, acting manager. In one entering the shaft during sinking case, exceedingly encouraging re- operations. sults were obtained." The Angüish |$14.50 tunnel has been started into Mount

Dagit, exposing country rock of favourable character for ore de- position Operations at Tinabigan continue in a satisfactory männer $12.30 in every respect.

$80

$16

$15.45

$120

$12,

$34

Zoong Sings S.

#34

180

Wing On Textiles(8.)

179

Ewo Cotton Rtя. S.

$3

Pabile Utilities

$14.90 Tramways..........

ċ d

Posk Teams (old) .......] ' 38.

*Da (new).....] 18}

Star Ferric

$17

Yannati Ferries

197

$13.60 Chin Lights (old)...

$13

13.70

Do. (Dew)...

HK. Electrica

1591

$18

Macao" do.

$145

Sandakan Lights .....)

$99.80 Talupuotes (aidy...

$1.00

Dó. (new)...

$124

China Buses.

24/

Tractions

Do. (prei.)....

-Industrials

$18

317

Caldbeck, tones.

39

Canton Ice

Mangregore prof.}8.

$15.10 Coments

Miscellaneous ‚”

In the Briggs mine, raise 453 ad- vanced 7 feet, while the main winze went ahead 15 feet. which was retimbered: The Briggs hoist is completed and in operation."

In the Tinapan, Raise 198 was The mill operated satisfactorily advanced 14 feet, and raise 255, 7 throughout the month, milling an

feet. A small air hoist has been 323.40 average of 127 tons per day, pro-installed, and is in operation. $1,30 during P86,542.30, a recovery of

58/

***

$3.05

Bages....

116 36.20

$281

Dairy Farms

4H

$25)

$5.20

Ch. bainmonts...

$4.80

$1.80

Constructions, '(old)}

$1

45 ets.

Do (now) 15 eta.

10.08 Lane Crawfords...

Nanyang Tobacco...

$8.60

$8.80

19.80 Siaceros

$2.40

Warsons

$6.30

S. C. Enterprises ....

977,

UL.G.5x1925G.7 Bda

95%

prem. Bi

ILB, Gov. 42 Los $109

Do.

1101

Wallace Harper......

$30

HK Wing Oo

185

S'ha

$100 $4,90

6/9

40 ct.

prem.

Do

Vibro Piling

#7/- Maromans Ir v. (Lon.)

HK

Wm. Powells

*****. 140 ot.

•Sales to Shanghai

LONDON EXCHANGE RATES

Faris

Geneva .......

Berlin

Athens

Mljan

Copenhagen Stockholm Shanghai

New York

Amsterdam

(British Wireless Barvice)

July 22

1331

21.701

12.37

July 24 133-3/32 21.84 12.341

94-11/16..

94-7/16

19:39 1/2-9/32 4.88-3/16

8.011

4.962 9.01

142-9/18

Vienna

Prague

Madrid

Lisbon

Hong Hong

Bombay

Montreal

4.987

Brussels

29.601

4.96% 29.51

2161

RIO

Silver (Forward)

Yokohama

Belgrade

Monte Video

Bucharest..

silver (Spot)

War Loan

ON LONDON:-

19-13/16

19-13/16

·3% 091

Closing Quotations

July 17, 1937,

ON NEW YORK:

Hank Bill, on demand 201 Condita," so diys' night. 10j ON BATAVIA:- 19/39 On demand O PAK

Crédits, & month's sight Bi

Telegraphic Tradefar... 11/5 Bank Bills, on demand Oredita. four months'

sighs

1/3 20/23 302 Bit Bille, on demand 908

109

ON SHANGHAI:

On Demand

OF SINGAPORE:

On demand

On damarti

On Far

On demand

1042

On Dianos làm

On demand

BAY BILYEL, DAE.

20/16"

about 91.7 per cent. This may be considered satisfactory on account of the record tonnage of 3.804 tons treated. The plant operated 98 per cent of the possible time.

fi

Exploration work consisted of 137 feet of advance in four places. This work will be advanced at a greater rate of speed in the Tuture.

THE EXCHANGE MARKET

MESSRS. ROZA BROS

Hong Kong, July 27. Silver prices were higher yester- day to the extent of 1/16 for Ready and 1/8 for Forward, the quotations being 20 1/18 and 20 1/8 respectively. Silver advices reported India and speculators as having bought. China sold. The market closed steady: After the official Axing the market was dull with sellers at 1/15 under the quoted rate. American Silver 'was quoted at 44 3/4 for 8pót, "

The London-New York CLOSE- rate was quoted at 497.95. New Kork-London was quoted at 487.- 13/10.

MARKET

Fairly active during the early part of the morning. The tone was steadier than yesterday.

IN STERLING Business was done shortly after the opening at 1/2 11/16 for near delivery "followed by transactions at the same rate for Beptember and November. The market clos- ed at 1 pm. with sellers at 172 11/18 for near and probably for ward, buyers at 1/2 23/32 for any delivery, indigna

US DOLLARS

No business was reported. There were sellers at 30 7/18 July- August, 30 3/8 September and 30 5/16 October-November; buyers at 30-1/2 Cash-August, 30 7/16 Bep- tember-October and 30 318 Novem,

ber:

HE SHANGHAT DOLLARS:

Business was done at 102 1/8 and 10% 3/18 for Spot. There were sellers at 102 3/16, buyers at 102- 1/4 for Spot d

SHANGHAI MARKET There were sellers of Sterling at

Stoping continued at a greater rate in the Mindoro mine, in four stopes. In air 3.131 tons was pro- duced, with Briggs No. 4. The Burwell stopes of the Briggs mine produced 213 tons of ore. Colorado No. 4 mine produced 75 tons....

General ore mined amounted to 8,804 tons, valued at P19.07 per ton, with a total value of P72,539.85.

L

H. K. STOCK EXCHANGE

YESTERDAY'S. OFFICIAL QUOTATIONS

Listings continue for the most part nominal.

Banks were again in enquiry at $1925, while buyers of Wharves advanced their price to $117. Dairies sold at $207, with further. buyers at that' rate. “

The Manila market continued to decline.

BUYERS

H.K. Bank, $1925 C. Div. Douglases, $48.

EXPECTATION

San Fran-

Cisco

London Singapore

Colombo Dairen Lyons Sourabaya Foochow Malacos Sungei

Haiphong Manila" Patani Hamburg Muar Tientsin

(Johore) Tokyo Mukded Tsingtao Harbin Hongkow New York Yokohama

OF Boako

LIFE INSURANCE

EXPERTS ON LAW LORDS RULING

N

Premiums Must Go Up"

Far-reaching.. results are likely to follow the ruling of the House of Lords, recently that the right vested in a Kving person to claim damages for loss of life, passes on his death to his personal repre- sentative.

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 spplication.

Also up to data Safe Deposit Boxes in various sizes To Let.'

Hong Kong, 19th May, 1937.

HONG KONG SAVINGS BANK

conducted by the

THE Business of the abovs HONG KONG & SHANGHAI Experts are agree generally that may be obtained on application.

"BANKING CORPORATION, Rules both motorists and Insurance

For the HONG KONG & SHANGHAI companies will have to face in- creased liabilities. For some time

BANKING CORPORATION. Insurance companies have been complaining that motor business

unprofitable, and this decision may be a factor leading to an Increase in premiums.

V, M. GRAYBURN,

"Chief Manager.” Hong Kong, 1st March, 1937.

BANK OF EAST ASIA, LIMITED.

PRIPING

(Peking) DAN DA PENANG

HONG KONG LAXODON W

FOREIGN EXChange and General Banking Business transacted.

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

The Bank's Head Office in Los don: nüdertakes Executor & Trustee "business, and claims recovery of British Income Tax overpaid, en terma which may be ascertained at any of the Agencies and Branchen.

B. W. ROBERTS,

Manager.

TBX CHASE HANK

14, QUEEN'S ROAD CENTRAL

HEAD OFFICE:

As

18, PISTEKST,

NEW YORK. 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 CRARE NATIONAL BANK, NEW YORK, with Resources over U.§. $9,500,000,000...

D. M. BIGGAR,

Manager.

Mr. A L Royle (Manager. Insurance Company) pointed out Motor Department, Eagle Star

to a "Morning Post representa- tive that in future in every fatal Authorised Capital $10,000,000.00 accident where negligence can be Paid-up Capital......... $,596,600.00 THE YOKOHAMA · SPECIE BANE proved, the executors of the dead

Reserve and Undivided person will be able to claim for asum which it has never been possible to obtain in the past.

Profits

***** 3,776,796.76 HEAD OFFICE:-Hoxe KONG "From the point of view of the No. 10, Des Voeux Road, Central.

મ

Board of Directors :- Bir Shonson Chow, Chairman

insurance companies this 'Is Q serious matter." he added. “Of course, a great deal will depend Li Koon Chun, Esq. Li Lan Jang, Esq. on the amount of the damages P. K. Kwok, q. Wongbuson, haq ∙allowed. Just

now all

kinds of Wong Yunlong, taq. Kan Ying Pu, kaq. additional costs are being piled on | Chân Ching Shak, Fung Ping Wah, to Insurance companies. for the

Leg.

Faq heavier sums awarded as damages Krow

all the time and legislation does not tend to reduce

cur liabilities.

14

LIMITED

Capital (fully paid up) Reserve Fund.. Yen 133,850,000.00 Yen 100,000,000 08

HEAD OFFICE:-YOKOHAMA

Kobe Bombay London

BRANCHES AND AGENCIES AT!. Alexandria Honolulu Rangoon Bangkok Hsinking

Bio do Batavia Karachi Janeiro Berlin

Francisco

new

Kan Tong Fo, Esq., Chief Manager. Li Tao Fong, Esq., Manager.

Canton

Dairan

CABLE CURSES

CAPITAL

Reduction Of £23,000,000

Bembey

مية

Branches and Agencias:

640 Baroon

Mantis Balcon 'Sydney.

Calcutta Los Angeles Seattle

Manila Semarang "Moji Shanghai

(Dalny) Nagasaki Singapore Nagoya Sourabaya

Fengtien

(Mukden) New York Sydney Hamburg Osaka

Amoy

* Kazyloon * Passing"

Batavia

Emicucía

Melbourne San Fran

Soy Yark Beastle

Tiantain

Hankow

Otarn

Tokyo

Honolula Paria

Tokohama

Kabe

Piping Bingapore...... --

Harbin Paris

Tsingtao Vinkow

Haiphong Hanhow

Every description of Banking

securities

Hong KongPeiping

Interest allowed on Current

The reduction of the capital of Cable and Wireless (Holding), and Exchange business transacted, counts, Limited, Electra House, Victoria Loans

granted OD approved

Deposits: roceived for Fixed Embankment, from £47.246.593 to

Periode at rates, to be obtained on £23,649,093 108. was confrmed by Local Currency and Fixed Del

"Current Accounts opened in application, an order of Mr. Justice Bimonds posita received for one year of

Y. KANO,

Union Waterboats, $9.30. HK & K Wharves, 81171. Chinese Estates, $90. Peak Trams (Old), $5. Peak Trams (New);" $2k

in the Chancery Division.e Star Ferries, $86.

Mr. Fergus Morton, K.C., for the Dairy Farms, $261..

company," said it was not a Wm Powell, Ltd., 40 cts.

case, in which creditors were Constructions (New), $45 cts. affected. The company was form HK Govt. 36% Loan 1% Premed to create a merger of the In- Marsmans HK, 6/94.

BALKS

Union Ins., $255. HK. Electrics, $60. Dairy Farms, $201.

the forward market as being weak but later the market was reported as being quiet.

IN THE AFTERNOON

terests of certain cable companies, and the earnings of those com- panies had been advěršely affected by the decrease in the volume of international trade and the competition of wireless ser- vices established: by-foreign ad- ministrations, and by the com- petition of air mail services

The profits had not been suf- clant to pay in full the dividend one and three-quarter years in

on lis Praference stock, which was

The market was quiet in the afternoon, finishing with sellers at arrear. 1/2 11/16 for near and probably forward, buyers at 1/2 23/32 for REICHSMARKS any delivery, us

CULUS, DOLLABS

The market closed with sellers. at 30 7/16-July-August 20 3/8 Sep- tember-October and 30 5/16 No

1/8 1/4 for 8pot, buyers at 1/2 vember-December buyers at 30 17/64 for

September sellers 9/10 for cash, 30 1/4 August-Sep

at 1/2 7/64.tember, 30/18

Novem

ets at 29 17/32, bor, and 30 3/8 Decbifbe 118 fot Spot 29 SHANGHAI DOPL

buyers at Sellers at ud JALEBIS vices indicated 6/16 for ho

QUOTATIONS

Berlin, July 27, Reichsmarks' quotations, without guarantee, are

New York, 40.26. Paris, 1075.4.

Amat

dom,: 72.90.

Manager.

Foreign Currencies on terms which shorter periods in Local and Hong Kong, 10th March, 1937. will be quoted on application. Safe Deposit Boxes To Let KAN TONG PO

Chief Manager.

MINORITIES IN IRAQ

CAPITULATIONS IN

MOROCCO ABOLISHED

London, July 26.

nment were fully alive to their

London, July 26.

A convention between the United Kingdom and France resulting from the abolition of capitulations in Egypt and trom obligation of Questioned in the Commons on His Majesty's Government under the protection of minorities in a declaration between the United Iraq the Foreign Secretary (Mr. Kingdom and France; of 1904 re- Eden) stated that information, at lating to Egypt and Morocco will is disposal showed the Iraq Gov-be signed in a few days. The

convention is to abolish the Kih capitulatory rights including British post chices in the French zone of Morocco. British subjects, British protected persons and British companies will beepme Subject to the jurisdiction of the same tribunala and will enjoy the same personal and prí as French citizens and Frenchs capiti tory Zanzibar are also abolished. Com

responibilities in the matter British Wireland. "

PALESTINE

PARTITION

ATTACKED

New York July-20," Mr. Hamilton Fish, Congressman, strongly attacks the British pro- posal to partition: Pale ing: If Britain wishes to give land to the Jews, why not y

Fer own lands?

Heuré

not covered

arate negotia