1937-08-09 — Page 12

12

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Sharebrokers'

Association

SATURDAY,

Buyane

Salat Noastral

layını

Solart

W pralai

AUGUST 7.

iiiii

***!!!!

I d

1119

#21

Lianka

H.K. Bin

eo eta,

Docks, WharvGS,

Godowns, etc.

HK & K, Wharton.

Providenta (okl}

$39.85 H.K."& W. Docks... $108 Shangnai Docks 9. 8. New Engineerings

$3)

Do.

(new)

*

HONG KONG DAILY PRESS, MONDAY, AUGUST 9, 1937.

H. K. STOCK EXCHANGE

AND

H. K. SHAREBROKERS' ASSOCIATION

Philippine Gold Mining Quotations

$115

89.20

Min. Resources

Paracale Gumaus

46

יי

49

34

$1,910

€1

Do. (London)

કચે x d

$1,910

H

El

Chartered Bank...

233

Mercantile Bks. "A"

814

7th August, 1937

£10

Do."

£15

$101

Hans of East Asia....

399

N. U. & S. Barks ....

8th Aug. Closing Bates

B.

3.

Time Received clos

10.08 10.08 10.93 11.19

304 2.42

clos,

3.45

$2+

Insurances

$700

Canton Lugars 1891..

#207

Antamoki.

76

77

TB

Union InsuranOUS

$800

Underwriter

Atoks

...

0

201

211

21

19

$180

H.K. Firear

$80

Baguio Gold

181

104

194

ง

international Asson, Ù.

Benguet Consol

10.00 10.25 10.00

10.25 10.25

Shipping

Douglas LATIN

1484

Benguet Explor

3 10

8

10

Steambata

Big Wedge

14 15

10 15

18

131

Indo-China (pret)

113/9

Shell......

Do. (dat.)

Coco Grove ...

50

18

142

Consol Mines

012

018

.09

.02

113/9

$9.30

Waterboats

39.30

Demonstrationa

16

47

47

Mining

E. Mindanao

18

10

17

161

20/8

Kailans LEKTURONAL

20/0

G. Goldtelds

12

Lj

191

12.

FIL

Raube

311.65

$5

Venezuela Gold Fida.

101

Itogons

58

$7

38

30

LX. L

63

24

66

BA

60

6

68

Masbates

154 151

17

18

165

17 18 U 17

18)

18

Northern Mining

47 52 t

[50 0'4.

274 23

30

201

32

$321

$106

San Mauricio

1,00

09

1.00 1.00

1.03

$3

Suyoc Consol

25

20

+

25+

25

28

Lands, Hotels, and

United Paracales...

$6

85

87

B.S

50

Hai dings

$8.90

H.K. Hotels. *****

38.63

Market Comment.

S

S 8

F

VF F F

8

$35

B.Kanda..........

$35

SUNA

Do. 4% Dobentures

1102

11

Shanghai Lands....

***

$7

€0.10

H.K. Realties.......................

$5,90

31

$60

Do. Debenturess.

Humphreys

30

Uhinese Estates..........

Cotton Ma

$15) $IG

$13,45 $116

(DOW).

$34

Zong Sings.5.

31+

$34

(80)

Wing On Textilem(N.)},

$78

Ewa Cotton Rts. Si

***

$1,00

Public Utilitiqu

x de

114.60 Tramways ..............

I'd

35

Poak Trim (old)... 15

32

Da

(new)... $2

I d

d

Star Ferries *******

$7

Yaaniati Forries -

385 587 $13

$13.70

Da.

(now)...

160

H.K. Elootrics...

118

Macao do.

1141

Saudakan Lights ........

$20.00

$11.60

Telephones (old)...

Do. (now)

$121

China Busos.

24/-

Traction

SIA

237-

Do." (prof.) ker

Industrials

$10

Callback, jord.) 8.

$17

Macgregors prof.)S.

Canton Ioes

42 318 $5,20

PA!

ii

00 cu

: :

บ

Metropolitan Lands.

S'ha: Cottons(vld)5.

1

$13.90 China Lights (old)........

"

12

$15.10 Cemonts

3261

Kopen........

MiscellaneoUS

Dairy Farmi

76.20 Ch. Eainmente...... $4,80 $1.60 Constructions, (old))

Do.

18.65 Lane Crawfords.....

Nanyang Tobacco...

(DOW)

ILK. Gott 4% Loans $1061 x int

12.60 Sinceres ................

$5,40

Watsons

8. C. Enterprises...

97.

ChG.521925G.2 Bds,

prem. 8%

prem

Do.

Wallace Harper

$50

H.K Wing On

S'hal No

546

Vibro Biling

281.

Maramans Iry. (Lon.)

7/0

Wm. Powells

(H.K.)

$1014

$14,

PHILIPPINE MINING

NEWS

During the month of July satis- factory progress on the properties of the organizations allied to Opisso & Company. Inc. were.fe- ported by J. S. Baker, corisalting engineer, of the firm.

The mineral land survey on the Suyoc Slide Syndicate properties was completed and submitted to the bureau of mines for approval. 113.30 Surface prospecting continued on

$591

the surface of the property where assays ranging from P1.40 to P7.40 $28.10 were secured on exposures ranging

1.30 from 6 inches to 5 feet.

$261

ik.

[40 ctm.i

$8,50

$9.80

-12

3.35

$1

96%

+

•Sales to Shanghai

LONDON EXCHANGE RATES

(British Wireless Service)

Parla

Omeva

Berlin

Athens

Milan

Copenhagen

Biockholm

132-55/64

21.704 12301

August & 130-53/64

Aug. 7

12.37€

941

94-11/16

4.98-11/16 9.04.

Shanghai

New York

4.981

Amsterdam

9.031

Vienna

Prague

1427

143

Madrid

Lubon

Hong Kong

Bombay

Montreal

4.08-1/16

Brussels

29.681

Yokohama

4.981 29.81 1/2

Belgrade

Monte Video Rio

Bucharest

Bliver (Forward).

Bliver (Spot)

War Loan

DA LONDON

20-1/16 20 #

34% 100-3/16

Closing Quotations

August 7, 1937.

Telegraphie Transfer... 119

Bok Bills, on demand

Credita, four months'

On Naw York:—

.85

3100

$4.90

Bank Bille, on demand 3011/10 Credits, 00 days'- night. 32 3/16 Om Batavia fina" On denisnd

·ODJ

Bank Bills, on demand 813 Oradits, 4 month's sight 669 Ox: Baldo gn On demand

13/IS

ON PARIB

sight*****

1/2 1/16

OM BANGHAL-

On Demand

1031

OW SINGAPORN: -

On demand

52 dis

108:

On demand

On demand

KamOn' damaz

BAN HU

BI

The 3800-foot level cross-cut tan- nel advaned to 297 feet. Several local fault zones"were encounter- ed. The broken condition of the ground is slowing the progress. Some pyritic zones were cut dur- ing the month and assayed as high as P4.00. The rains have not affected the road materially so that supplies have been re- gularly transported to the pro- perty.

During the month 'San Mauricio- Luklukan properties have been

China's Industrial

Requirements.

Paris, Aug. 7..

"My country wants peace but 1 It is attacked it will defend itself to the last," stated the Chinese Finance Minister, Dr. H. H. Kung, yesterday.

Donald prospected by further MacLaren, acting superintendent. Some interesting features have been disclosed due to this work and trenching is proceeding.

the

The indicated average" on 500 feet vein, length so far proved

approxi group is on the Tabas mately P23.00. Pending the deci sion of the board of directors on alternate programs suggested by Opisso & Company, Inc. engineers. this section of the properties is not being worked.

141

THE EXCHANGE MARKET

MESSRS. ROZA BROS.

August 7.

Ready Suver was unchanged yes- terday but the Forward rate rose 1/16, the quotations being 20 and 20 1/18 respectively. Silver advices reported India as having bought. The market was very quiet.

American Sliver was quoted at

44 3/4 for Spot

The London-New York cross-rate was quoted at 498.32., New York- London was quoted at 498,1/2..

MARKET

Opelea uncertai but *sub- sequently eased off owing to some demand. Towards the close the

market reacted' slightly.

IN STERLING

The Fotot Group of the Paracale Consolidated Venture, soon to be incorporated as the Paracale Apex: Mining Co., Inc., has disclosed further interesting information. The shaft has reached a depth of 151 feet and temporarily discon-1/2 7/32. buyers bidding 1/2 7/8 tinued. Drifting on the vein on the 113 foot level was started dur-

ing, the month and approximately 50 feet of drift has thus far been completed. This drift is blocking out cre as it proceeds: Values ap-' peared to be spotty but strong those last reported being P84.00 scross the vein.

New Economic Ordan In France

BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION

Authorised Capital ........... $50,000,000 Issued & Fully Paid-Up $20,000,000 Reserve Funds:-

Sterling

.....................£8,500,000

Hong Kong Curtoney

Reserve MAD Reserve Liability of

Proprietors

THE CHARTERED BANK OF INDIA AUSTRALIA AND CHINA Incorporated by Royal Charter 1953

.

HEAD OFFICE: LONDON: 38, Bishopsgate EC2.

$10,000,000 | Pṣld-up Capital....

Reserys Fund $20,000,000 Reserve lablilty of pro-

Head Office:-HONG KONG

Board of Directors, G. Miskin, Esq.,

Chairman.

Hou. Mr. M. T. Johnson,

Deputy Chairman.

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

J. R. Mason, Esq.

K. S. Horrison," Esq.,

Hon. Mr. J. J. Paterson,

T. E. Pearte, Esq.,

AL. Shields, Esq.,

Sir Vandeleur M. Grayburn,

Chief Manager.

Branches:-

floilo Peiping

Penang Rangoon Saigon

Amoy

Bangkok

Ipoh

Batavia

Johore

Bombay

Kobe

Calcutta

Kowloon

Canton

Kuala

Chefoo

Lumpur Shanghai

Colombo

Dairon

San Fran-

Disco

London Singapore Lyons Sonrabaya Foochow Malacos Sungei

Pataui

Haiphong Manzila Hamburg Muar Tientsin

(Johore) Tokyo Barbin

Mukden Tsingtas Hongkow New York Yokohama

1.

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, 19th May, 1937..

HONG KONG SÄVINGS BANK

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

For the HosG KONG & SHANGHAI

BANKING CORPORATION.

V. M. GRAYBURN,

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

The market opened with sellers at-BANK OF EAST ASIA

for forward delivery. Subsequently business was done at 1/2 27/32 for

forward and near. finishing with sellers at 1/2 27/32 August and 1/2 13/16 September-December, buyers at 1/2 7/8 August October and 1/2 27/32 November-December.

U.S. DOLLARS

Opened with sellers at 30 13/16 for August resulting in business át 30 13/16 for September and 30 3/4 October. The market closed with sellers at 30 13/16 Cash, 30 3/4 August-September and 30 11/16 October, buyers at 30 7/8 Cash, 30 13/16 September-October' and 30 3/4 November.

קי

Paris, Aug. 7.

4 SHANGHAI DOLLARS The French Ministry of Trade

Business was done at 104 1/8 and is said to be planning a series of measures aimed at curbing the104 1/4 for Spot. There were sell- ers at 104 1/8, buyers probably at dumping of unrestricted 'cate-

104 1/4 for Spot. gories of imports into France, Dr. Kung said thaf in the many as well as the increasing tariff countries in which he had been rates on a number of restricted travelling lately, he had received commodities, which, in the opinion numerous expressions of friend-qf ocial French trade circles, are | ship ́and sympathy.

being imported into France in quantities far in excess of the stipulated quotas.

Talking of his negotiations in London he stated that the Chinese Government, which needed funda In order to carry out its economic programme, had arranged for the Issue on the London market of three loans, including conversion loan.

There was absoultely no connet- Lion, he and, between these bans and the preset. developments in the Far East.

Dr. Kung stated that his mis- sion to London had been of a purely

economie nature. for China's industrial requirements were great.- Tranioccan News Service.

U.S.-SOVIET

TRADE PACT

Business circles In Paris are inclined to see in this Government action against excessive Imports of certain commodities, the first phase of the new economic order conceived by the Chautemps Ca- binet and its Finance Minister, M George Bonnet.

It is held that the growing de- ficit in the French trade balance calls for immediate action in this direction.

A

RESTRICTION OF FOREIGN IMPORTS Moreover, in this way the French Government hopes to give a dilip to domestic production, partico- larly in the sense of protection of French industry by restricting imports./

..

On the other hand, the Govern- ment has not yet disclose any of Washington, Aug 6. ita plans for protecting the do-

A new commercial agreement,mestic market, although it is get=". whereby the United States for the erally presumed that it has plans first time grants Soviet Russia for extension of the quota system most favoured nation treatment, to include all those commodities has been proclaimed by Prendent which hitherto have not been sub- F. D. Roosevelt.

Jested to restriction- Trinspicean. Naus Service.

In return the Soviet agrees to buy at least $40,000,000 worth of American products in the forth. coming year. This is $10,000,000

SHANGHAI MARKET There were sellers of Sterling for Spot at 1/2 1/4, buyers at 1/2 17/84 U.S. Dollars, sellers at 29 17/32, buyer at 29 9/18 for Spot. The market was quiet.

H. K STOCK EXCHANGE

#1

SATURDAY'S OFFICIAL

QUOTATIONS

The market WRS quiet and steady.

The Manila market continued firm at higher prices, BUYERS

Douglases, $48 Union Waterboats, $9.30. Chinese Estates, $90. Peak Trams" (old), $5. Peak Trams (new). 42). Star Ferries, $851 X.DIY, Wm. Powell, Ltd., 40 cts. Constructions (new), 50 cts.

E. K. Govt. Loan 31%, 1% Prm. Wallace Harpers, $5,

SELLERS

Union Insurance, $625."

TREASURY BILLS

London, Aug. 6 The total amount applled for in more than Russia agreed to pur-be the chief Russian product to be tenders for £45,000,000 Tressury chase under the expiring tradé nent from the extension of the bills was £97,040,000. The average agreement.

most favoured nation treatment rate per cent for bills at thres but the quantity of imper om months was 10/4.80d, against 10/ Russia is restricted to 400,000 to 6,01d a week ago ---

British Wirelen. Bauter

It is expected that coal, on which a special tax of ten cents per hun- dredweight is levied at present, will

LIMITED.

Authorised Capital $10,000,000.00 Paid-up Capital ......... Reserve and Undivided Profits......................

No.

prietors

23.000.000.

· £3.000.000

$3.000.100

MANCHESTER BRAŃCH: 71, Mosley Street, Manchester.

BIGON

AGENCIES AND BRANCHES: ALOE STAR ILOILO AMRITSAR ПРОД

BANGKOK

BATAVIA BOMBAY CALCUTTA

CANTON CAWNPORE

CELU

MIMARANO

KARACHI

SKLENBAN

SHANGHAI

SINGAPONS

KLANG TORE KUALA

· LUMPUR

KUCHING

MADRAS

·COLOMBO

MANILA

DELEI

MEDAN

HAIPHONG EU TOAN

HANSURO

HANKOW

HARBIN

PELFING

SITIAWAN

BOURABAY &

TAIPING

TONGKAR

..(Bhukat)

THINGTAO

TOKOHAMA

(Faking) meteoGAFOA PENANG

HONG KONG RANDOUN

FOREIGN EXCHangs and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED LAPORIT received for Ons Year or shorter periods at 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. s any of the Agencian and Branches

B. W. ROBERTS,

Manager

THE CHANK BANK

18, QUEEN'S ROAD CENTRAL

HEAD OFFICE:..

18. PINE STREET,

NEW YORK.

An American Bank offering com. plete 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, NEW"- YORK, with Resources over U.S. $2,500,000,000,

D. M. BIGGAB,

Manager.

6,398,600 00 | THE YOKOHAMA SPEGIE BANK

$,778,796.76

HEAD OFFICE-HONG KONG ···

10, Des Voeux Road, Central,

Board of Directors:—

Sir Shouson Chow, Chairman Li Koon Chun, Esq. Li Lan zang, Esq. Wong ChuSon, kaq. P. E. Kwok, aq. Wong YunTong, q. Kan Ying Pag. Chan Ubang Shek rungPing Wah,

Esq.

1

M

A

Esq.

Kan Tung Po, Baq, Chief Managor. Li Tse Fong, Esq., "Manager.,

Branches and Agencies

LIMITED

Capital (fully paid up)

ܐ ܂܂

Tên 100 000,000 DO Beserve Fund Yen 132,850,000.00

***

་

HEAD OFFICE :—YOKOHAMA

BRANCHES AND AGENCIES AT: Alexandria Honolulu Bangoon Bangkok sinking. Rio do Batavia Karachi Berlin Kobe

'Loudon

Bombay

Janeiro Ban

Francisco

Calcutta

Los AngelesSeattle

Canton

Ans.

Amey

Kowloon

Persny

Bombays

Dairen

Muji

Semarang Shanghai

Bateria

Zenden

RABOOG

Swatow

Manila

Salgón

Bydney

Melboome San Fran». Wagamazi New York - Baszzle Deka

Tahoku

Fengtion Nagoya

Soerabaya

elapo

Tambisa

*(Mukden) New York Sydney

Tokyo

Secret

Vancouver

Hamburg Osaka

Tientsin

Parla

Shangha

Yokozume

Hankow Otarn

Tokyo

Singapore

Hurbin Paris

Tsingtao

Vinkow

3- Bombay

Calentia Centan

per Haber zoba: Paiping

Honolulu

1

(Dalay). Nagasaki, Bingapore

Every description of "Banking Hong KongPeipiog and Exchange business transacted. Loans granted

approved securities.

"

Interest allowed on Current Ac counts,"

for Deposite received Fixed Periods at rates to be obtained on application.

,"

Y. KANO,

Manager.

Current Accounts opened in Local Currency and Fixed De- pacita received for and your OF shorter pariods in Lon and Hong Kong. 10th March, 1837. Foreign Currencies on tarins which will be quoted on application. Bafe Deposit Boxes To Let

KAN TONG PO,

Chief Manager.

MANILA MINING

SHARES

Hong Kong A Extra Mantis closing quotations gures kindly

supplied, by Messrs. Eills and Edgar.

Associated Mines Acaje Mining...”. Angelo !

Dalong

Gold" Creek

Ipo Gold...

Gold River

004

125

80%

1003

411

*15

035

Mother Lode

04

Parácale Gold.

$10

Balacot #

.021

Batong Buhay.

012

Universal Expl.

tos

Bled

105

Crown Mines Mambulao

(00:

08

Byndicate Invest. Tinagao

"Santa Rosa N

Mine Operations

10

Dayaka

WHOLESALE · · MARKET READY

The new $125,000 wholesale mar- ket at Kennedy Town constructed by the P.WD., is now completed and has been offodally handed over to the Urban Council.

The first bidding for space by wholesale dealers in fish and other commodities took place' on Thurs- day and they will "move in” during the latter part of this month.

Preparations are already being made for the housing in the Wes- tera Market of some of the retal- lets from the Central Market which will be evacuated by the end of this month for demolition.

CONTROL OF BANKS

ALBERTA

Edmonton (Alberta

The Lientenant-Governor of Al- berta to-day gave his ment to the Provincial Governments Bil for the licensing and control of banks. The Alberta Legislaturé vás ác. cordingly prorogued to-day pum Reuter