1937-08-12 — Page 12

DAILY SHARE QUOTATIONS

Hong Kong Stock ̈.

Exchange

Sharebrokers

Association

Balers

Buyer Bulloc

dades, Namtual

SÜN

ma

AUGUST 11

WEDNESDAY.

Hiri

11 212

$9.30

!!!

$1,865

214)

233]

£1

$101

$300

$610

13

1280

13

201

$43

Banks t.K. Banks

Be (London). Chartered Banke Mercantile Bks. "A"

* Do.

Bank of East Arimu N. GAS. Barks.... Insurances

Canton lusaraucas. Union Insuranosa .......

Underwriter. Viki

H.K. Fires................ International Assos. 5.

Shipping

Douglasul rac

Sicamb

Indo-Chinas (pref)

1/11/104) Shella, .................

Do

(def.)

Waterbout

Mining

21/-

Kailan

JIL

Raubs. .....................

$5

3120

AL

191

to otr.

Venezuela Gold Fid.

Docks, Wharved,

Godowns, etc.

HL.K. & K. Wharvsi.

Proridente (oki Do.

$32.85 ELE&W. Docks.

(new)

SIGB

Shanguzi Docks S.

TRA

$3/

New Kagiaverings 8. Lands. Hotels, sad

***

$6.80

** min m⠀⠀ ⠀úni

#143

HONG KONG DAILY PRESS. THURSDAY, AUGUST 12, 1937.

H. K. STOCK EXCHANGE

AND

H. K. SHAREBROKERS' ASSOCIATION

Philippine Gold Mining Quotations

11th August, 1937

Time Received clos.

22

20

10.95

BANKS

HONG KONG AND SHANGHAI | THE CHARTERED BANK OF INDIA

BANKING CORPORATION

Authorised Capital $50,000,000. Issued & Fully Paid Up 820,009,000 Reserve Funds:-

Sterling

་ཝཱ་ནཾ།་་

Hong Keng Currency

..£6,500,000

“.

AUSTRALIA AND CHINA Incorporated by Royal Charter 1953

HEAD OFFICE: LONDON:

38, Bishopsgate/EC.2",

£3.000.000

Reserve $10,000,000 Paid-up Capital... £3,000,000 Reserve Liability of

Reserve Fund ....... $20,000,000 | Reserva Liability of Pro- Proprietors contai

prietar

MANCHESTER BRANCH: 71, Mosley Street, Manchester.

Head Office:-HONG KONG

Board of Directora. Miskin, Esq.,

AGENCIES AND BRANCHES:

ALOR STAR ILOILŐ

Deputy Chairman, - AMRITSARG

£10

$93

10th Aug. Closing Rates

B. 8. 0.53

clog.

8.63 10.31 1.19

2.43 3.07 - 3.47

$207

Antamoks

70

76

11

20

77

..

3800

Atoke

21

23

211

12.

$280

Baguio Gold

191.20 ID

10

Bengist Consol

10.00 10.5 10.00

1025

Benguet Explor

... 8 bid

&

10

Big Wedge Coco Grove

15

·16

53

52. BL

63

52 U

Consol Mines

.029 .023.03Z

.023

.093

.024

111/10

Demonstrations

48

49

60

E. Mindanao

19

13

Th

2018

"G. Goldfields

12

19

12

$11.45

મ

Itogons

02

སྒྱུ

33

.61

I. X. L

65

65 66

66

Masbates

19

18 19

Min. Resources"

3118

62.20

15 10 181 19

Northern Mining

56

5 8

50 ot.

Parscale Gumpas ..

33

35

$32

$100

San Mauricio

1.08

1.00

1

1.03 1.05 1.00 1.05

THE 18

19

6+

67

Soyo Consol

20

24

$7 26)

27

United Paracalen

69,70

."

60 170

70

7I 72

$0.05

Marks: Comment.

Sier

S

S

8 S'ier S F

135

$102

***

14

$109

135)

11}

Buldings

H.K. Hotels art H.K Lande...... -Da 4% Debentures Shanghai Lands...8. Metropolitan Lands,.

$6.90

Humphreys outin

$3.

18.10 $10

860

H.K. Boalties............ China Doda Da Dobontures5.

$9.

$90

Chinose Estates......

Colton Milian

$1.4

$100

S'hat CottonskuldjS.

Du.

$115

(news.

134

Zong Singe

334

489

Wing On Textiles(5)

179

Ewo Cotton Rts. S.

$1.00

Pablle Utilities ·

314.60 Tramway* *********

xd

$141

Poak Traus (ohl)...) $5.

88/85)

Star Ferries

$85

387

$13

M

40 ot.

Paris

!:::

$17

Do. (now)... $21

Yanmati Ferries

$13.00 Chins Lights (old)........]

H.K: Electrics ......

$13.30 $591

PHILIPPINE ~ MINING

NEWS

Chairman.

Hon. Mr. M. T. Johnson,

J. K. Bourfield, Esq..

BANGKOK

TPOR TABLOHI

BAIGON BIMAHANO

BEREMBAN

A. H. Compton, Esq.,.

川

BATAVIA

KLANG

SHANGHAI

S. H. Dodwell,” Esq.,

BOKBAT

KOM

SINGAPORE

33

J. R. Mason, Esq

K. 6. Morrison, Esq.,

T. E. Pearce, Esq.,,

A. L. Shield, Esq...

CALCUTTA" KUALA

SITIAWAN

Hon. Mr. J.-J. Patarson,

CANTON CAWNPORR GREY

LUMPUR

יו

BOURABAYA

KUCHING

TAIFING

MADRAS

COLOMBO MANKLA

TONEKAN

DELAI

Sir Vandeleur M. Grayburn,

Chiël Manager.

“MEDAN -

(Bhuket)

HAIPHONG KIN TORK

TINGTAO

HANHUNG

TOKOHAMA

HANKOW

Branch

HARDIN

Amoy

Iloilo

Paiping.

Bangkok

Ipoh

Panang

Batavia

Johore

Rangoon

Bombay Kobe

Saigou

Calcutta

Canton

Kowloon Kuala

Chefoo

Calómbo

Dairan. Lyonav

Foochow

The month of July has been the large camp is being bullt, and sup- 'busiest month, for Mine Operations, ples are being moved in, pre- Inc.. since the inception of the or-paratory to an extensive, prospect-

THE EXCHANGE MARKET

MESSRS. ROZA BROS.

Hong Kong. Aug. II. Silver prices were lower yester-

San Fran-

Cisco

Lumpur Shanghai London Singapore

Sourabaya

Malacos Sungei

Patani Haiphong Manila Hamburg Muar Tientsino

(Johore) Tokyo Harbin Mukden Tsingtao Hongkow New York Yokohama

Current Accounts opened in Local Currency and Fixed Deporīts received for one year or shorter periods in Local Currency and Sterling on terms which will be quoted on application,

Also up to date Safa Deposit Hong Kong, 19th May, 1937.

ganization, it was learned recenting and exploration campaige day to the extent of 1/8 for Ready † Boxes in various sizes To Let,

ly Operating activities are pro- gressing extremely well, particular- ly on the Rio Verde, Cagayan de Ora, Capsay Mining Company, and Magnus Mining. Association properties...

The geophysical campaign will be completed sometime next month. Results to date indicate heretofore unknown structures of promise.

The property under contract be- tween Magnus Mining Association

At present four headings are and Mine Operations, near Davan being pushed on the Rio Verde Mindanao, is receiving a great deal property in the Cagayan district, di attention. The geological exam: Mindanao, in order to reach cer- nation and geophysical survey, re- tain objectives prior to final arts are so satisfactory that three 89.40 rangements for shaft sinking and tunnels are being driven to inter sect promising zones FF Box a possible drilling campaign.

The Cagayan de Oro property.well, and N. J. Knickerbocker are adjacent to Rio Verde, is not as taking in prospectors, laborers and far advanced as the Rio Verde supplies. The present exploration property, but surface indications to plans are being rushed to comple- date are most encouraging. A tion

$13.70

Da

(new)...

180

318

Macao do.

$144

Sandakan Lights .......

$11.60

199.00 Telephones (ald).

(now)

$:1.30

$124

China BumsB

2hfu

Traction

SAL.

23/-

Do, (prof.)....

Industrials

$18

Calibeck, Lord..

#17

$2

Magregais (pref.)8.

Canton Ices

$16.10 Cemonts

$5.00

Bopen

Miscellaneous

Dalcy Farias ....

Ch. Etainment Constructions, (old)

Do. Lasa:Crawforda............. | Nanyang Tobacco...

INDUSTRY INQUIRY

115

$6.20

LOCATION OF

126

$281

16.20

54.80

$1.60

1

fii

a) 60 cts.

Task For Royal Commission

39.05

38,60

$8.80

$9.80

Sincere

$1,40

Watsons

36.35.

8.. Enterprises...

$1

97%

Ch.521925G. Bds.

95%

proc. 81%

HE. GOTE 4% Lasan) 31064

prem.

*

360

+

ADR $1011

Wallace Harper

BK Wing Os

8bi Do

Vibro Piling

99/ Harmans Inv. (Lon.

Wa. Powella... 10 ota

Sales to Shanghai

LONDON EXCHANGE RATES

Geneva

Berlin

Athens

Milan!....

Copenhagen

Stockholm

Shanghai...

New York

"Amsterdam

Vienna

Prague

Madrid

Lisbon

Hong Trong

Bombay

Montreal

Brussels Yokohama

Belgrade

Monte Video

Rio...

Bucharest Sliver (Forward)

Silver (Spot) War Loan

On LONDON:

(EK)

(British Wireless Service)

Aug.-9 132-13/18

21.72 12.391

Aug 10 132-53/64 21.701 12.384

947

· 943

4.98-15/16 9.041

4.981 0.041

143

1/2-13/16

4.98-15/16

29.83

1/2-29/32.

4.08) 29.612 1/1-83/84

20

31% 1001

19-15/16 107 *3}%-100

Closing Quotations

August 11, 1887.

Telegraphic Transfer

On New York:~

༅ཊྛཱི ཙྪི 8ཨྰཿ1288!

$100

14.90

Bank Bills, on demand 30/8

• Credita;; 60 days' night. 37 1/16

Bank Bills on demand 1/2 ON BATAVIA:

Credits four months

sight

On Bhangmax :-

On, Denzand

15/16

On deniand

ON PARIS-N

Bank Bills, on demand 8 path Credits, 4 month's night 666.

ON SAIGO

On dem

re-

and 1/10 for Forward, the quota- tions being 19 7/8 and 19 15/16

Silver advices respectively. ported speculators as having sold. India operated both ways. The market WAS

PIPING

(Peking) satiNDANCIA „PENANG

HONG KONG BANGODS

FOREIGN EXCHANGE and General Banking Business transacted.

CORRENT ACCOUNTS opened and FLIED DEPOSITS' received for Dae Year or shorter periods at rater which will be quoted on applic tios.

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, at any of the Agencies and Branches

RW, ROBERTS,

Manager,

THE CHASE BANK

18, QUEEN'S ROAD CENTRAL

HEAD OFFICE: /

18, FINE STREET,

DUNEW YORK.

BONG KONG SAVINGS BANK

HE Business of the above | An steady. After the TBank is conducted by the official ring there were small HONG KONG & SHANGHAI buyers at the fixed rate. Ameri- BANKING CORPORATION. Rules can Silver was quoted at 44. 3/4 for may be obtained on application. Spot.

For the HoxG KONG & SHANGHAI

BANKING COMPORÀTION:

V, M.-GRAFBURN,

Ohief Manager. Hong Kong, 1st March, 1937.**

13

The London-New York cross- rate was quoted at 498.50. New York-London was lower at 498- 1/4

..MARKET

Quietly steady

"C

· IN STERLING

A small business was done at BANK OF EAST ASIA,

1/2 7/8 for near and September The market closed with sellers kel-

WATER FOR LONDONlers at 1/2 27/32 August-December, buyers at 1/2 29/33 for near and probably 1/2 7/8 December:

Gigantic Reservoirs Under

Construction

SHANGHAI DOLLÄRS Bellers at 104 3/8: buyers prob- ably at 104 1/2.

LIMITED.

Authorised Capital $10,000,000.00 Paid-up Capital Reserve and Uddivided

Profits

American Bank offering com plete Foreign Banking Service in the principai Markets of the World, 6

Interest Estes on Application

SAFE DEPOSIT BOXES-

This Bank is entirely owned by. THE CHARE NATIONAL BANK; NET YORK, With Resources over US. $2,300,000,000,0

·D. M. BIGGAB,

Manager.

THE YOKOHAMA SPECIE BANS

LIMITED

5,508,000.00

2,776,798,78 | Capital (fully paid up)"

Lezi. 100,000,000,00 Reaarve Fund ... Yen 139,050,000.00

HEAD OFFICE-HONG KONG

10, Des Voeux Road, Central.

Board of Directors -

Sir Shouson Chow, Chairman Li Koon Chun, Esq. Li Lau zang, Esq. PE. Kwok tag. WongChuSo, Eaq. Wong YunTong, Esq. Kan Ying Faq. Chan Ching Shek,.... F'ungFingWah, Eay.

U.S. DOLLARS

market. Nothing doing. The closed with sellers at 30 7/8 August and 30/13/16 September and prob- | No. The location of industry and in-

London is to have three huge ably October, buyers at 30 16/16 dustrial labour in this country is to new reservoirs so big that they Cash-September and 30 7/8 Octol be examined in all its aspects by a would be capable of accommoda-ber. Royal Commission under the chair-ng the whole British feet. Con- manship of Bir Montague Barlow instruction is already in progress was announced by the Prime Min- and the above indication of their size was given by Sir William ister in the House of Commons.

The investigation, which arises Prescott. Chairman of the Metro- out of 8tr Malcolm Stewart's repolitan Water Board at a dinner port on the Special Areas, is to be cr the Board in London. conducted under the three heads of social, economic and defence con- Bidérations.

SHANGHAI MARKET There were sellers of Sterling for Spot at 1/2 1/4, buyers at 1/2 12.17/64 for cash. US Dollars, sel Sir William "stressed that the lers at 29 1/2, buyers at 29 9/16 control of 'London's water was a for Spot. The forward market very big question as the population was quietly steady. was constantly varying In the last year, 45,000 new houses had been trested in the Board's area and

It is expected that the Conimis mission will also take account of this country's anticipated approach

a stationary and, later, to a this buildingadiivit had com declining, population

pelled the Board to go forward

to

The Commission's terms of refer-with the construction of three new ence are:

reservoirs, one in the Lea Valley

To inquire into the causes which and two in the Thames Valley have influenced the present geo-with ancillary works, costing seven graphical distribution of the indusInd a half millions, JES

trial population of Great Britain;

and the probable direction of any

change in the future; to consider

what social, economic, or strategi-Architecture, University College, "cal disadvantages arise from the London concentration of industriés) or of

Professor J. H. Jons, head of the commercial department of Leede University, and with experience during the War of the War Trade Department, the Ministry of Muni- ions, and the Ministry of Labour.

Cooper, Mr. Francis D'Arcy Chairman of Lever Bros.

Mr. Parker Morris, Town Clerk of Westminster,

WV

Mr. Ernest Bevin Becretary of the industrial population in large the Transport and General Workers towns, or in particular areas of the Union country and to report what rome- dial measures should be taken in the national interest, ki

While the appointment or the Commission is general welcomed in political circles, the view was treely expressed last night that the neces. sary work of Investigation would have to be greatly expedited if its andings were to be of practical

Bir Arthur Robinius, Chairman value. With industrial reconstruc- Hon and building proceeding at its of the Supply Board since 1935, and present pace, it was pointed out; formerly secretary to the Ministry there was a danger that, as in the of Health, and permanent secretary case of ribbon development, the to the Air Ministry key

Ste Francis Joseph, member or Government might be confronted i

the Board of Trade Advisory Coun- "falt accompli

cil, and a leading industrialist.

Mr. George W Thomson, Vice- President of the National Federa- tion of Professional Workers and a member of the General Coupal of the Trades Union Coligresave

TWO WOMEN MEMBERS Str Montague Barlow, the Chair man of the Commission, was Min'ster of Labour from 1922-24 with seat in the Cabinet, and has been a Chairman ur two Govern ment inquiries.

stung other members are.

Sir Thomas Edward Whyte, mem- ber of the Coak-Mines Reorganisa- tion Cominiation, Mr. B A Smi umble, Mrs. Margaret Waynie Hul slete architect "and "girofess ortom M. J. M. Keynes, and M

“the Barbett Schost of Hermione Hiching......”

Professor

Head Office:—YOKOHAMA,

BRANCHES AND AGENCIES ÄT:- Alexandria Honolulu Bangoon

Bia, do Bangkok Brinking Batavia Karachi Jancing Berlin Esq.

Kobe

» Ban London Bombay

Francisco Calcutta Los Angeles Scottis Canton Manila yun. Semarangi : Dairen Koji Shanghai

(Dalny) "Nagasaki Singapore Boersbays Fongtion Nagoya Bourabaya

Kan Tong Po, Esq. Chief Manager. Là Tse Fong, Esq. Manager.

Branches and Agencia zi..

Kalboerne

Penang- Bangbon Bwatow Baigon Bydney Ban Prin- Tahoka Saison. Tientalia

Xew York macile"

Amory..!!

Kowloon

Batavia

Leadon

Bombay

Cantun

Manila

H. K. STOCK EXCHANGE

YESTERDAY'S OFFICIAL QUOTATIONS

The market continued, quiet! / In Manila, rates were fairly well maintained in a market which likewise approved quiet f

Douglases, Singing% Union Waterboats, $9.30. HE & KAWhärven, (3119, Chinese Estates! 499,"1735 Peak Trams-£Oldy/-$5,71% Peak Trama (New),39%} Star Ferries, $851 "X.D{v, Wm Powell 50 déta Constrictions (New), 50,ets, H.K. Govt. 34% Loan,1% Prem Wallace Harpers, 85) n

AL SELLERS Maramans Tv (HK), 7/6G

SALESKA DIA

HK & K. Wharves, $120.3 EK. Lands 4% Debentures, $1024 Star Ferries #85/65)))):01 "otol

Haiphong Haskow Hapolala Kabe

Conta

Paria

Zaky Best Vancouver We Shanghali. Yokohama Priping Singapore

Every description of Banking and Exchange business transacted Loans granted 00. approved socurities

(Mukden) New York Byduay Hamburg Osaka - Tientsin Hankow, Otaru, Tokyo Harbin Paris ⠀⠀ Tsingtao Hong Kongfeiping Yinkow Interees allowed on Current ocante,

for Fixed Deposits received Parioda at zatens to be obtained co Application.

Y. KANO,

Manager.

Current Accounts opened in Local Currency and Fixed De Hong Kong, 10th March, 1937, posite rosived" for one-year or shorter periods in Loos, and Foreign Currencies on tarms which will be quoted on application. Safe Deposit Boxes To Let

KAN. TONG, PO

Chief Manager.

FRANCE'S RAILWAYS

CONFISCATION ALLOWED.

Paris Aug. 10. The Mariist Trade Union per- mitted the dock workers at La TO BE NATIONALISED Rochelle to land 9.000 cases contain-

ing securities and documents of the Bank of Bilbao, so that the authorities could carry out cod- fiscation of the steamers, that had been seized in La Rochelle har-

Paris, Aug 10. The next Council of Ministers which was originally scheduled to meet on August 15, has been pou poned to August 24 or 25, in order our the

to leave time for preparations of Transocean News Service. an extremely important step it ta plaïnied to réafrahíse the tire French railway system, In that a

newscompany la, to be formed, REICHSMARK which will taker over the whole

13 QUOTATIONS | existing railway system, and the majority of shares will remain" in the hands of the Government In political circles: it is stated that TREASURY RETURNS this is only the first step towar

complete nat railways)

MEAN

London, Aug. 10 Exchequer returns show that the total of ordinary revenue amounts.

827473-83 compared with 180 € the orrespond-

Year

The total

Berlin. Aug. 10.

was quoted

92-10 72,95