1937-08-04 — Page 12

Sharebrokers

Association

Bayam

20

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Styne Molecu

TUESDAY. AUGUST 8.

Bank

H.K. Banks ani

· 848

$0.30

$825

*****

148

HONG KONG DAILY PRESS, WEDNESDAY, AUGUST 4, 1937.

H. K. STOCK EXCHANGE

AND

H. K. SHAREBROKERS ASSOCIATION

Philippine Gold Mining Quotations

Aug. Sad

Closing Rates

· 1 - 8 8 8

13

Time Received clos

6.29 HAIDH 3

.019

202111191222 | 415

$1,920) d

Do. (London) 24

o'd rd

(1,836

B14] £33

Chartered Banka.....

Mercantile Bks. "A"

2141

3rd August. 1937

£33

£15

Do.

**

B.

8.

cloe

210

$101

Bank of East Asia... N.C.& 8. Barks

8.31

$99

8.81 1018 11.13 2.42

3.05 3.39

Insurances

$700

Canton InsurancON.,

397

Antamaks

78

79

78

Union Insurance ....

1629

Atoka

2211 921

Underlibat serta

13

$280 $3

H.K. Firesta

$980

Baguio Gold

20 191

90

International Assos, B.

Benguet Consol

9.78

10.00 10.25

Shipplug

Benguet Explor

6.

#

Dongleses .....

181

381

Big Wedge

100

15

16

151

151

Indo-Chinas (pref.)

351

Coco Grove,

$7

43

· 60

$42

Do. (def.)

342

* Consol Mines

.02

109 .091

110 Shells o

110/-

Waterboats

Demonstrations

46 ::48

Mining

E. Mindanao

17"

161

Kailana ¶PTS--+

21/.

G. Goldbelds

12

191

$11.45

Venezuela Gold Fid..

401

Itogons

47

bs

I. X. L

65

65

Docks, Wharton,

Godowas, etc..

Masbates

17

181

Min. Resources

171

171

18

$117

$9.90

4

4+

180 cta.

160 o's

27

27

ERGO

$32.84 H.K. & W.-Dou**

Shangosi Duck S. New Engineerings. S. Lands, Hotels, and

1821

San Mauricio

1,05 1.05 1.10

$108

Buyoc Consol

26

254

United Paracales

67

88

87

68

36.90

135

Bui dings H.. Hotela H.K Lands...

$8.65

Market CommenÍ.

F

છે

Q.

ន

E

Q

E

S

ས་ ན་ -་་

$35

$105

3102

THE EXCHANGE

f8 10

$6.90

160

39

$90

⠀⠀

$11.40 Raaba ..........................................

$5

·$1194

T

$21

H.K. & K. Wharves Providoute (old)...) (DOW) Do.

!!!!

Du 4% Dobentures Shanghai Lands...8. Metropolitan Lands.... H.K, Realties............. China Du......... Do. Debentures5,]

Humphrey. ................ Chinese Estates. .............

Cotton Mills

$1st Ewo

$110 Bhai Cottons(old)S.

Do (now).

39

Northern Mining Paracale Gumaus

174

MARKET

MESSRS. ROZA BROS.

V

J15.45 $190

$34

Zoong Sings

"$34

485

Wing On Textiles(5.)

179

Ewo Cotton Rts. 8:

$21

Public Utilitäm

c d

Peak Trams (old)... $5

Do

(new)... $2

Star Ferrier

o d.

187

>27 $13

114.90| TramwaJS kesimi

(DOW)...

YARmati Ferries

$13,90 China Lighte_(old)....... $13.70

Da $40

H.K. Electrics $184 Macao do

1141| Baudakan Lights........

$29.60 Talophones. (old)

$11.60 Do. (new)

$12) China Bused `verme

Industrials

Canton Ice

$15.10 Coments

Корея

Miscellaneous

需

Tractions DENTOVETS

93/-

Do. (pref.)**

$18

Caldbeck, Ford,; di

$17

Macgregors (prof.).

$8

MITENE

:::

Silver prices were lower over the holidays to the extent of 1/16 for Ready" and 1/6 for Forward, the quotations being 20 1/16 for both deliveries. Silver advices reported $14.80 a little general selling but there was lack of support. American Silver was quoted at 44 3/4 for Spot.

REICH TO EXPAND

POWER

RESOURCES IN BAVARIAN ALPS

com.

Murich. A power station 19. to Through the erection of be built by Germany in the Bava-paratively small dams, the prehis rian Alps, some 40 miles east of toric lakes will be re-establishes Lake Constance, to meet the need and with the difference of level of industry for cheap power between the lakes and the river bed it is calculated that enough electricity can be generated to solve the coal and power problem of the whole ares.

While in the Alpine regions south of Munich the natural water power of the country has been exploited during the last 20 years to an extent which allows the elimination of steam engines from

Saturday's London rate on New the South German railways, the kilowatt will be 1.3 pfennig, or a

113.30 York was quoted at 497.7/8. New

1591

$29.40

$11.30

58/5

20.08

$15 15:20

1282

Dairy Farran

$261

15.20

$1.80

Constructions, (n{d}}

Ch. Etainmonte...... $4.80

50 ся

Do. (new) ota.

30.08

Lane Crawfords..............]

Nanyang Tobacco..!

$2.60 Sincere .........

$6.40

977, ChG.0% 19180.8Bda

pram. 8%

$60

76

7/8

40 eta

Parla

Warsons.) M. 906 8. C: Enterprises,

HE. 42L 3108 int

Wallace Harper

B'bal Da

B.K Wing On

Vibro Piling

99. Maramans Iz v. (Lon.)

Wm. Powalle

(HK)

*Sales to Shanghai

(-$101|]

18.60 $6.80 ***

$5.35

$1

95%

LONDON · EXCHANGE RATES

Geneva

Berlin

Athens

Milen

Copenhagen

Stockholm

Shanghai

New York

(British Wirelem Service)

July 28 132 63/64 211

July 29 132-53/64 21.673

12.37

12.361

94-9/16

4.97-13/16

9.012

4.072 9.021

1421

1/2-21/32

Amsterdam

Vienna

Prague

Madrid

Lizbon

Hong Kong

Bombay

Montreal

4.077

Brussels

29.57

4.977 29.561

Yokohama

-Belgrade

210

Monte Video

Rio

Bucharest

Silver Forward).

Bilver (Spot)

War Loan

On LONDON:-

20

20

.34% 100-1/18

Closing Quotations

August 3, 1937,

Telegraphic Transfer... 11/2

OK NEW ZOEK :----

20-1/16 20-1/17

185

$100 $4.30

140 ota

31% 100-3/16

York-London was quoted at 493.- 3/8 yesterday.

MARKET Opened steady but later firmed up owing to speculative selling.

-- IN STERLING Opened with sellers at 1/2 13/16 resulting in business at 1/2 27/32 for near delivery. The market closed at 1 p.m. with sellers at 1/2 1/8 for near and forward, buyers at 1/2 29/32 for any delivery.

U.S. DOLLARS - Business was done shortly after the opening at 30 13/16 for near delivery followed by transactions at 30 7/8 for August. The mark closed at I p.m. with sellers at 30 7/8 August, 30 13/16 September and 30-3/4 October-November, buyers at 30 15/16 cash, and 30 7/8 September-October.

A

SHANGHAI DOLLARS

Bustness was done during the early part of the morning at 104 1/2 and 104 5/8" The market closed at 1 p.m. with sellers at 104 3/4, buyers probably at 104 7/8.

SHANGHAI MARKET. There were sellers of Sterling for Spot at 1/2 1/4, buyers bidding 1/2 9/32. Subsequently the buy- ing rate receded to 1/2 17/64 for Spot. US. Dollars opened with sellers at 29 17/32, buyers bidding 29 9/16 for Spot. Subsequently the buying rate receded to 28 17/32 fot Spot. Early advices indicated the market as being steady but later advices indicated the market de- as being weak for forward

liveries.

IN THE AFTERNOON The market continued firm in the afternoon. Banka were un- willing buyers in the absence of any cover.

IN, STERLING

Business was done at 1/2 29/32 for near and forward, finishing with sellers at 1/2 29/32 for near and forward, buyers at 1/2 35/16. for any delivery.

* U.S. DOLLARS The market closed with sellers. at 30 7/8 August-September and 30 13/16 October-November, buyers'

at 31 August-September and 30. 15/16 October-November.

SHANGHAI DOLLARS Nominal at 105."

Bank Billa on demand 30 7/16 REICHSMARKS

* Credita, 60 days' sight. 39 13/16

ON BATAVIA VARNA

- On demand de 54 12,16 OF PARIS-

Bank Bills, on demand 811 Credits, 4 month's sight 80%

OR BAIGONE

Hank Bills, on demaad "Oredita," four montha'

11/16

1/27

On ShanghAX ********

103

Be On demand.

Of demand

ON MANILA :

ON BINGEDE

105

On demand

***On Demand:

On BritpoÉN

Bəyazzigen. Bank Buying

-16/18 B

409

1454

20.1/16

QUOTATIONS

Berlin, Aug. 2.

without guarantee, at: New York...

... 40.24

1071 Paris.... Amsterdam klim...:72.925 London unquoted (Bank holiday) Paris Sterling unquoted (Bank

holiday)

The Reichsmarit was quoted,

Parts US dollar 26 015 to 25:686 Transocean News Berm

country to the west of the Bava rian capital had no fair share in"! this development.

• WILL RESTORE LAKES, The absence of good coal in Ba- varia was hardship for the south-western provinces of Bava- rla, which are highly industrialized and have to pay heavier transport costs from the North German coal mines than any other province in Germany.

פנון

JOBS FOR LABOUR CORPS It is estimated that the cost per little over half a cent. The build ing of

the dams and the power stations would require: 1.500,008 shifts and cost 19,000,000 märks. As a large part of the labour in- volved consists in moving sall, the National Socialist labour corps can be given employment on a large scale,

No less satisfactory than the economic aspect of the scheme is the aesthetic one. The lakes which will lie to the north and west. of the Grunten Mountain will en-

As everywhere on the fringe of the Alps the receding glaciers in this part left post-glacial lakes,hance the natural beauty of the many of which have dried About 3500 acres of land once formed the bottom of two lakes, the waters of which descended in swift streams to the River Iller, the first Alpine tributary of the River Danube,"

H. K. STOCK EXCHANGE

YESTERDAY'S OFFICIAL QUOTATIONS

BANKS

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

Hong Kong Curransy

Honors... Reserve Liability of

Proprietors

£8,500,000

AUSTRÁLIA AND CHINA Incorporated by Royal Charter · 1913

HEAD OFFICE: LONDON: 58. Bishopsgate ECJ.

$10,000,000 Paid-up Capital.

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

aristora

Head Office-HONG KONG-

Chairman.

Board of Directors. G. Miskin, Esq.

Hon. Mr. AL, T. Johnson,

J. K. Bousfeld, Esq., A. H. Compton, Esq., S. E. Dodwall, Esq.,

Deputy Chairman,

J. R. Masson, Esq.,

E. S. Morrison, Esq.,

£3.000.000 £3.000.000

£5.000.000

MANCHESTER BRANCH: 71, Mosley Street, Manchester.

AGENCIES AND BRANCHES: ALOB STAR KOTLO

IPOH AMBITSÁ BANGKOK KARACHI

MAIGON MEMARANG

ARBEMBAN

BATAVIA KLANG

АНАМОНАХ

BOMBAY CALCUTTA KUALA

КОВЕ

SINGAPORE

BITIAWAN

Hon. Mr. J. J. Paterson,'

CANTON CAWNPORE

LUMPUR

SOUZABITA

KUCHING

TAIPING

CÉRU

MADEAS

TONGKAK

DELKI

MEDAN'

HAIPHONG

NEW YORK'

TWINGTAO

HAMBURG

HANKOW

HARBIN

T. E. Pearce, Esq.,

AL Shield, Esq.,

Sir Vandeleur M. Graybura;

Chief Manager.

Branches:-

Iloilo Peiping

Penang Rangoon

Saigon

San Fran

Amoy Bangkok

Ipoh

Batavia Bombay

Johore

Kobe

Caloutta

Kowloon

Canton

Kuala

Chefoo

Lumpur Shangha

Colombo

London Singapore

Dairen

Foochow

Malacoa

Sungei

Patani

cisco

Lyons Sourabays

Haiphong Manila Hamburg Muar Tientsia Hankow (Jobare) Tokyo Harbin Mukden Tsingtao Hongkow New York Yokohama.

Current Accounts opened in Local Currency and Fixed Deportis 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.

HONG KONG SAVINGS BANK

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

For the Hora KONG & SHANGHAI

BANKING CORPORATION.

V. M. GRAYBURN,

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

BANK OF EAST ASIA, LIMITED.

COLOMBO, MANILA

PRIPING

(Bhuket)

YOKOHAMA

(Poking) BOANGA PENANO

HONG KONG RANGOON

Postios Exchange and General Banking Business transacted.

CURRENT Accounts' opened and FIXED DEPOSITS received for. Öne Year or shorter perioda, at råten which will be quoted on applica tion.

The Bank's Head Office in Lon don undertakes Executor & Truster | business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained, að any of the Agencies and Branches

R. W. ROBERTS,

Manager.

THE CHASE BANK

15, QUEEN'S ROAD CENTRAL

HEAD OFFICE :

18, PINE STRENT,

NEW YORK.

An American Bank offering poin

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. Yone, with Basources over U.S. $2,500,000,000,

DAM. BIGGAB,

Manager.

THE YOKOHAMA SPECIE BANY

· LIMITED.

Authorised Capital. ...$10,000,000.00 Paid-up Capital:.................... 5,696,800.00 Reserve and Undivided.

Proita............ 1,776,796.76 | Capital (fully paid up)

Tên 100,000,000 ĐỊ Beserve Fund. Yen 189,850,000.00

countryside and add to the attrac tions for the tourists who come along the new Alpine highway which is being laid out from Lin- day on Lake Constance to Berch-No. tesgaden, Adolf Hitler's mountaia, retreat,

SOVIETS TO ENTER

TELEVISION FIELD

HEAD OFFICE: HONG KONG

10, Des Voeur Road, Central.

Board of Directora :—

Sir Shonson Chow, ChairmRO Li Koon Chun, Esq. Li Lan Sang, Esq. P. K. Kwok, Faq. WongChuson, Esq. Wong Yun Tong,caq. Kan Ying Pʊ, Esq.

nog Ping Wab, Chan Ching Shel

Esq.

Kan Tong Fo Gaq., Chief Manager. Là Two Fong, Esq., Manager.

Branches and Agencias ka

Boorabaya

Bydory

Kowloon PA

**London Rangoon

The Soviet Government hás placed an order with Bcophony Ltd. at London for a complete installation of transmitting and receiving apparatus for televi-Bazaria aton, the Monitor learns. This is a Melbourne Ball Franz Tabaku to be set up in Moscow and will canton den Kagasaki patrons Tentan

Haiphong New York Beastie Tokyo ** Hankey Owks Semarang!TM Vzposuver Honolais

Yokohama provide the first television to be.

Bingapore ( seen in Soviet Russia.

The market was quiet and dull In Manila prices again gave way to some extent. losing part of the advance made during the week-hony" system end.

BUYERS

HK. Bank $1920 Cum, "Div. Douglases, $48...

Union Waterboats, $9.30. Chinese Estates, $90. "Peak Trams (Old), $5.

Peak Trams (New), $21. Star Ferries, $87.04. Win. Powell, Ltd., 40 cta: Constructions (Old), 50 cts......... HK. Govt. 3% Loan. 1% Prem. Wallace Harpers, $5. Marsmans (HK), 7/64.

SELLERS

Union Ins., 3025.

SALES

HK & K Wharves, $1191 MATEMALE (HK), 7/64.

EXPORT TO EAST AFRICA TO BE RESTRICTED

Rome, Aug. 2. Italian traders wishing to ship goods to Itailan East Africa will first have to obtain a permit from

It is of interest that the Scop-

Kabe

Marlis

-Wadala

Janeiro Ban

BRANCHES AND AGENCING at Alexandria Honolulp Rangoon

Bio do Bangkok Hainking. Batavia Karachi Berlin Kobe Bombay „London Francisso Calcutta Los Angels«Sentils Canton Manila Semarang Dairon Moji

Shanghai

(Dalny) Nagasaki ... Bingapore Fengtien Nagoya, Soerabaya }- (Mukden) New York Bydney

Hamburg Osaka Tientsin Hankow Otara Tokyo Harbin Paris Tsingtao Hong KongPeiping Yinkow

Interess allowed on Current As- should have been Every description of Banking counte

Deposita received transacted.

for Fixed selected as this has not yet ap- and Exchange business peared on the British market, but Loans granted on approved Periods at rates to be obtained on

application, securities.

4* Y: KANO, demonstrations of it from time

Local Currency and Fixed De Hong Kong, 10th March, 1937.

Current Accounts opened in

1 Manager. posits received for one year OF shorter periods in Local and Foreign Currencies on terms which will be quoted on application. Bafe Deposit Boxes To Let

KAN-TONG PO; * Chief Mandger.

to time during the last two years have given a very favorable im- pression.

The system la optico-mechant cal as compared with electrical systems using a cathode-raystube." Bcophony is thus able to give a picture 24 by 22 inches for the home receiver, or about four times the size of the picture now shown by other British television . re- ceivers, and this with equally good modulation and defnition.

RICHELIEU DAM. PROJECT

SWEDISH ORE EXPORTS

PATRONAGE CHARGE

MADE AGAINST FAIR

Renewed charges that"officials of the New York World's Fair; 'ot 1939 were conducting “a patron- age mill" in preparing for the exposition were made as the Municipal Civil Service Commis mission took steps to close

eligible Hats heretofore made available in recruiting personnel for the fair.

the

Stockholm, Aug. 2. The Swedish export of iron ore for the month of July, it is report ed has far exceeded all expecta

Paul J. Kern, civil service com tions, ment

In the month in question, the missioner, stated that in accor big concern of Graengesberg ship-dance with a resolution optilned Montreal-The $500,000 Richelieu Ped abroad no less than 1,223,000 by the commission, civil service fons, as compared with 1,098,000 lists would remain closed to the River dam project to maintain a

tons in, June and 905,000 tona, in exposition company. minimum water level in Lake July last year. The present figures latter agreed to make public the Champlain received a qualified, constitute a record in the history appointments made from them tentative approval from the Inter of the concern, the hitherto high statement prepared national Joint Commission study est figure having been attained in Finegan, president of the Com

1927, when in August of that year mission, held that while the world's 1,141,000 tons were utilpped abroad. tals arganization" taken all except, from civil service In view of these

of the fair had

ing it.

the Italiaffauthorities in Addis

Endorsement was given subject Ababa or in those regions to where It u intended to consign the to certain conditions Commission

ort to East Africa chairman Charles Stewart an- stated in some quarters beregnia dla the existing nounced after a recent hearing. General Goering's plan

Aellities which will for but he did not specify the condi Reichs corporation for iron ora, openly tiolated the

tions to be met before the Cominis-mining and smelting has been re- the%etup

persons sion Ismes ite ana); verdict from ceived with unruled calm

Transocean News Service

outside" of

James: