1937-08-18 — Page 12

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DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Bayes a

Baljez salá

Nouinal

$1,850 /1,870

£101

TUESDAY. AUGUST 17.

Banks

Sharebrokers

H.K. Banksposi Da (London)

Association

Suyers

daliers

Inima Mamina

HONG KONG DAILY PRESS. WEDNESDAY, AUGUST 18, 1937.

H. K. STOCK EXCHANGE

AND

H. K. SHAREBROKERS' ASSOCIATION

Philippine Gold Mining Quotations

17th August, 1037

Time Receiveri

clos.

3.346 4.15

I d I d

11,850 *£101

214

233

£15

Chartered Banks...

Mormatile Bks. "A"

£33

Do.

"0"

$101

Bouk of East Asia...........

вая

N. 0.8. Barks...

16th Aug.

Closing *Rates

B. S 0.64

.clos

9.5 10.19 11.13

2.40

323

Insurances

$300

Canton IngaTRU CON,

$207

Antamoks

BU10

Union Insuranoon .......]

1800

Underwritera

Atoks

21 99

201

214

Fred

H.K. Firas..............................

$280,

Baguio Gold

10) 20

185

International Assco, S.;

Benguet Consol.0 10.25 10.00 10.95

10.20

Shipping

#131

Dougla

$48)

Benguet Explor

... 8 bid δ 10

Steambts 381

Big Wedge ..."

15.

351

Indo-Chinas (pref.)

$51

Coca Grove ...

142

Do. (def.)

142

111/3 Shell

Consol Mines

.099 *.022

023

111/74

30:30

Waterbosta

$9.30

Demonstrations

Mixing

E. Mindanao

10/6

Kailans

20/8

G. Goldfields

12 114

311

Raubs

$11.45

Venezuela Gold Fid■. | #4.20

Itogons

134

Docks, Wharves,

I. X. L.

Godowns, etc.

Maxbates

... 18 10

170

$120

HK. & K. Whereis. |

$21

60 ct.

831

16.80

Providents (oklį...

Do. (DOW)

$32.81.K. 2. W. Docks

$108 Shangai Dock. S.

New Engineering S.

Lands, Hotels, and

Bul dings

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

114 11

$119

Min. Resources

まき

|| | | |

12.20

Northern Mining

[60 c'a

Paracalo Gumaus

$32+

$106

San Mauricio

Suyoo Consol

... 20 27

United Paracales

тоб

18.05

Market Coinment,

Sier ૧

Sier 4

1181 |

$351 BLUZ

H.K Lands...agnað,

133

Do. 4% Dabentüres

$102

Shanghai Lands....

Metropolitan Laads..

10.10

H.K. Baalties.*****

95.90

Chins Do...8.

300

Do. Deboaturos,

Humphreys

590

Chinese Estates.............

Cotton Mil

'R(400)

$13,80 Ewas

$100 S'ha Cotton(old)S

Do.

Wing On Textiles(S.)}]

$14

$90

£34

150

2141

$34

·Zoong Sings ***

TA"

Ewo Cotton Rts. S.

Pablis Utilities

$44.80 Tramways

Peak Traina (old) .......)

324

Do. (now)... $2

186

Star Ferriox

147

Yaumati Ferries

$13.90 Chins Lights (old).......

$13.70

Do. (bow)...)

336 327 $13 $13.30

160

H.K. Electrice .......

$50

$184

Macro do

***

$140

Saudakan Lighte...........

12960 Telephones (old)

$11.60. Do. (new)

China Buses ......... Tractiona

Do. (prof.)......

$19

24/-

93/

Caldbeck, ori.) 8.

817

Industrials

Maogrogors (prof.)8.

Canton Ices

$15.10 Cemente

$4.06

$207 16,20

$1.00

10.06

Hops...

- Miscellaneous

Dairy Farma...

Ch. Etainmonts......

Constructions, (old),

Do.

Lane Crawfords....

Nanyang Tobacco.....

$2.00 Biacores

$5.40 Watsons....LEN

97%.

prea. 8%

prem.

$60

!!!!

│ | │

1. 1

S. V.Q. V.Q.

PHILIPPINE MINING

NEWS

Activity of prospectors and idea tors in Benguet 'continues to be centered in the Itogon area, al- though considerable staking is spreading lately in districts fur- ther north. Tuba and Bokod Come next before the attention of miners seeking new fields to ex- plore, showing there were avaliable areas found open for location f some places near the city of Bagula.

and the municipal districts where the registered claims are situated share the receipts on a fifty-fifty basis,

It is considered noteworthy that the amount transferable to the municipal districts from mining recording collection constitutes around seven-eights of the total funds due them including those from other sources from provincial and insular money, showing the pregent dependence of these gov- ernment units on the industry.

Of the total amount due the municipal districts of Benguet from

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

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

Starling. ...£ 8,500,000

Hong Kong Currency

Reservo... Reserve Liability of };

Proprietors

$10,000,000

THE CHARTERED BANK OF INDIA

AUSTRALIA AND CHINA Incorporated by Royal Charter 1833

HEAD OFFICE; "LONDON:" 38, Bishopsgate EC.3.

£3.000.000

.......... £3,000,000

£3.000.000

Paid-up Capital Reserva Fund.... #20,000,000 || Reserver Liability of Pro-

prietors...

MANCHESTER BRANCH: 71. Mosley Street, Manchester.

Head Office-HONG KONG

Board of Directors. G. Miskin, Esq.,

Chairman,

Hon. Mr. M. T. Johnson,

Deputy Chairman.

A. H. Compton, Eq..

AGENCIES AND BRANCHES:

ILOILO ALOR ATAK AMRITSAR IPOXI BANGKOK BATAVIA BOMBAY

BAIGON

BEMARANG

KARACHI

J. K. Bousfield, Esq.,

KEREMBAN

S. H. Dodwell, Esq.,

J. R. Masson, Eaq..

K. S. Morrison, Esq.,

CALCUTTA CANTON CAWNPURI

KLANG FOPE

ITALA

&HANGHAI

SINGAPORE

BITIAWAN

LUMPUR

BOURABAYA

KUCHING

Hon. Mr. J. J. Paterson,

TAIPING

CIBU

MADRAS

T. E. Pearce, Esq.,

TIENTREX

A. L. Shields, Esq.,

Sir Vandeleur M. Grayburn,

COLOMBO DELEI KAIPHONG

MANILA

TONGKAN

MEDAN

(Bhuket)

NEW YORK

THINGTAO

Chief Manager,

HAMBURO

TRIPING

BANKOW

Branches:-

HARBLN

Amoy..

Iloilo

Peiping

Bangkok

Ipoh

Penang

Batavia Johore

Rangoon

Bombay

Kobe

Calcutta

Kowloon

Canton

Kuala

Saigou San Fran-

Cisco

Colombo

London

Daire

Lyons

Malacoa

Chefoo Lumpur Shanghai

Singapore Saurabaya Sungei

Pataui

Foochow

Haiphong Manila Hamburg Müar

RENAISSANCE OF Harbin

U.S. SHIPPING

OPTIMISTIC VIEW OF

THE FUTURE

American ships on the North Atlantle are to be put on a parity with those of the great European maritime nations, as a conesquence of the signing at Washington of a temporary agreement between the United States Lines, and the Maritime Commission.

This was the statement made by Mr. John M. Franklin, president of the United States Lines, in com- menting on the results of many

This extent of the mining activ- ity in the sub-province is shown in the collections due the different $29,40 municipal districts from the regis-

weeks

between of conferences 1.30 tration of claims during the first

members of the Maritime Com- five months, of the year. Accord-mining registration fees up to the mission and representatives of the ing to a compilation up to May 31 / end of May, Itogon accounts for united States Lines. Mr. Franklin,

A-

P11,378.75. Tuba has a share of P4,729.50 and Bokod P4.425.50.

who complimiented Mr. J. P. Ken- nedy, the chairman, and the other member. of the Commission.

received from the provincial trea- surer's office by Deputy Treasurer M. Polanco, receipts from this Funds due other districts: Atok, source totalled P37189.65.

P2,806.50; Bakun, P2,450.63; Bu-said: This amount represents half of gulas, P2.485.87; Kabayan, P2,850.- "We have signed our temporary

differential the total collections for registra- 75: Kapangan,' P364.50; "Kibungan, | operating

subsidy tion at the mining recorder's ↑ P2,893.50; La Trinidad, P862.75; | agreement under the new law. offices. Under the present Д Sablan. P257.00; and Tublay, Pi.- Mr. Kennedy and the other mem- rangement, the provincial treasury' 834.25

bers of the Maritime Commission, exerting great effort and ability, have, in the course of a few weeks, made it possible for us to reach an agreement with them.

PERMANENT FOUNDATION

MARKET

'ID

16.20

$28*

$4.80

|$1}

Dew) 50 ct.

$5.80

$1.80

THE EXCHANGE

$5.36

98%

$1011

163

3100

$4.90

silver prices

unchanged yesterday, the quotations remain- lug at 20 for both deliveries. Sil- ver advices reported the market as being quiet and neglected. small business was done. Amerl-

S. U. Enterprises.... Ch.0.671825(7,3Bda.

HK. Govt. 4% Loads 3106

Do.

Wallace Harper

ELK Wing Opto S'hai Do

Vibro Filing...

27/6 Marimans Inv. (Lon)

74.

Wm. Powolla

(H.K.)

414

•Sales to Shanghai

LONDON EXCHANGE RATES

140 ota.

Parts

Geneva

Berlin

Athens

atlan

Copenhagen

Stockholm

Shanghal New York

Amsterdam

Vienna

Prague

Madrid

Lisbon

Hong Kon

Bombay

Montreal

Brussels

Yokohama ** Belgrade ...

Monte Video

Rig .....

Bucharest

Silver (Forward)

(British Wireless' Serviçn)

Aug. 12 132-55/64 21.701 12.39

04-23/32

Aug. 16 132-51/64 21.70 **12.38

'94-11/06

Suver (Spot) .............................

War Loan

In LONDON:-

1.08-13/32

9.04.

4.983 9.022

142-15/16

4.98-7/18 29.61

19-15/16

19-15/16 31% 1901

Closing Quotations

August 17, 1987.

Telegraphic Transfer.

Bank Bills, on demand 1/22-

* Credits, four months'

*aight

ON BEINGRAYTM---

On Demand

ON SINGAPORN!---

On demand

·OR JAPAN

1/2

1/-27/32

4.98) 29.59

34% 100.

As New York. —

Bank Billa, on demand 309/18 Credits, 80 days' sight. 31/18

O BATAVIA

On demand ON PARIS:

Bank Bille, on demaad 816. Credits, 4 month's sight 800

adif N. ON Baldon

On demand

:32 5/16

ON MANILA

On demand

OF BANGKOR

On demand

105/

On demand

Telegraphic Transfer... Maak, on demandonment

SOVEREIGNS Bank Boring

-Bar:Rigter, per os.

મા

1/15/18

MESSRS. ROZA BROS.

were

can Silver was quoted at 44 3/4 for Spot.

crosa-

York The London-New rate was quoted at 498.20. New York-London was quoted at 498.- 7/18

MARKET

Steady but neglected.

- STERLING

A small business was done dur- ing the course of the morning at 1/2 16/16 for near "delivery. The market closed at 1 p.m. with del- lers at 1/2 20/32 August and 1/2. 7/8 September-December, buyers at 1/2 15/16 for forward and pro- bably for near delivery.

US. DOLLARS

There were sellers" at 30 15/18 August' and 30 778 September "and probably October, buyers at 31 Casli-September and 30 15/16 Oc-

tober.

SHANGHAI DOLLARS.

Nominal,

SHANGHAI MARKET

K. STOCK EXCHANGE

YESTERDAY'S OFFICIAL QUOTATIONS

LAID.

"I believe that, as far as the United States lines is concerned, a permanent foundation has been taid by the Maritime Commission for the buliding up of, a large rahge programme on the North Atlantis-which will put the United States dag in this important trade on a parity with foreign nations.

"As Americans, we have every marked down more or less heavily future of our Merchant Marine reason to view optimistically the

with Banks at £101.

Bargain hunters were again in evidence.

China issues In London were

The Manila market was very alightly easier. -

Bayers

H.K: Bank, $1780. Douglases, $481. Union Waterboats, $9.30. Chinese Estates, $90., Peak Trams (Old), $5. Peak Trams (New), $21. Wm. Powell, Ltd., 40 cts. Constructions (Old), $1.50." Constructions (New), 50 cts HK Govt. 34% Loan, 14% Prem Wallace Harpers, $5.

Sellers Maramans (H.K.), 7/~

Salés

HK. Bank, $1850.

The Shanghai Exchange market BANKS TO HAVE JOINT was closed to-day.

IN THE AFTERNOON, The market was steady but narrow.

STERLING

RESERVE BOARD

under the direction of the Mari- time Commission with "Mr. Ken- nedy at the head. Mr. Kennedy and his fellow commissioners, Ad- miral Land, ‘Admiral, Wiley, Mr. Woodward and Mr. Moran, deserve the thanks of the nation in bring- Ing about what, I am convinced, will be the renaissance of American skipping.

"I would be remiss, however, 11 I did not acknowledge the great Indebtedness of American' shipping to President Roosevelt who recom- mended the creation of the Mari- time Commission and appointed men of the highest type to carry out its functions."

The agreement between the Maritime Commission and the United States Lines is for a period of six months, after which a per- manent agreement will be arrived

at..

Tientsin

Hankow (Johore) Tokyo

Mukden Tringtas Hongkew New York Yokohama

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

Also up to data Safe Deposit Boxes in various sizes To Let. Hong Kong, 19th May, 1937.

BONG KONG SAVINGS BANK

conducted by the HE Busincus of the above

HONG KONG SHANGHAI BANKING CORPORATION. Rules may be obtained on application.

For the HONG KONG & SHANGHAI

BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager.

Hong Kong, 1st March, 1937.

BANK OF EAST ASIA, LIMITED.

Authorised Capital ...$10,000,000.00 Paid-up Capital 5,598,600.00 Reserve and Undivided

Profita ........ 1,776,726.76

HEAD OFFICE:-HONG KONG No. 10, Des Voeux Road, Central.

Board of Directors— Sir Shouson Chów, Chairman Li Koon Chun, Esq. Li lan gang, Esq P. K. Kwok, aq. Wong ChuSon, Wong YunTong, req. Kan Ying Fu, aq. Chan Ching Shek. Fung Ping Wal

Esq.

TOKOKAMA

(Poking) MassMDANGA PENANG

HONG KONG RANGOON

FOREIGN EXCHANGE and General Banking Business transacted,,

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

The Bank's Head Office in Lon- doa undertakes Executor & Trustee business, and claims recovery of British Income Tax overpaid, op terms which may be ascertained að any of the Agencies and Branchos.

R. W. ROBERTS,

Manager.

THE CHASE BANK

15, QUEEN'S Road CentRAL.

HEAD OFFICE:

`18, Piss 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 CHASS NATIONAL BANK, NIW YORK, with Resources over U.S. $2,500,000,000.

D. M. BIGGAR,

Manager.

THE YOKOHAMA SPECIE BANK

LIMITED

Capital (fully paid up)

Yen 100,000,000.00 “ Reserve Fund Yen 132,050,000.00

HEAD OFFICE:----YOKOHAMA

BRANCHES AND AGENCIES ATP Alexandria Honolulu Rangoon Bangkok Hainting Rio do Batavia Berlin Bombay Esq

Calcutta Canton

Kan Tong Po, Esq., Chief Managor. Li Too Fong, Esq., Manager.

Branches and Agencies:-

Kowloon Penang Bourabaya Londos Rangoo

Sweatcer

Manila Balgon Bydney

Melbourne Bia Fran-

Amey

Bateria

Foosbay Onleutta

Cralus

Haiphong HADOW Honolulu

New York Seattle

Paris

Kabe

1 Peiping

Talhoku alsco Mantis

Tokyp Semarang. VARODDYC Shanghai Yokohama 2 agapert

Dairen

Karachi Javeiro Kobe

San London Francisco Los Angeles Seattle

Manila Semarang

idoji

Shanghai

(Dalny) Nagasaki Singapore Fengtion Nagoya Soersbays

(Mukden) New York Sydney

Hamburg Osaka

Tientsin

Hankow Otaru

Tokyo !

Harbin Paris

Tsingtao

Hong KongPaiping

Tinkow

Interest allowed on Current An- counts.

received for

Fixed

Deposits Every description of Banking

Accounta

and Exchange business transacted. Periode at rates to be obtained on

application. Loans

Од granted

approved

Y. KANO, securities.

Manager. Current

opened in Hong Kong. 10th March, 1937. Local Currency and Fixed De posits received for one year or shorter periods in Local and MALAYAN PUBLICITY Foreign Currencies on terms which

Attractions Advertised. In will be quoted on application. Safe Deposit Boxes To Let.

Canada KAN TONG PO."

Chief Hanager.

LABOURERS ON STRIKE

London, August 16.

A strike of casual labourers on

The

Malayan Information Agency has presented two sets of alides for circulation throughout. Canada, under the auspices of the Canadian, branch of the Overseas League

One set depicts the scenic and

Mauritius led to clash four mugar estates in one area intravel attractions of Malays, the other its natural resources and

од

one

strikera, in which four men were ladustry-has-also-been-furnished. estate between the staff and the products. A fim of the oil palm killed and three seriously wound-for circulation throughout the

It is understood the new plan covers the building of one vessel of the Manhattan type and four ed others of a combination” type.

QUOTATIONS

Shanghai, Aug 17: In order to stabilise the local financial situa- tion and to continue normal busi- REICHSMARK A small business was done at 1/2 15/16 for near and 1/2 29/32 ness transactions during the pre- November, Anishing with sellers sent crials, the Ministry of Finance Chinese at 1/2 15/16 for cash 1/2 23/32 to-day instructed the

Bankers Association and the Na- August-October

1/2 7/8 November-December, buyers at 1/2 tives Banks Association" to im 31/32 Cash-September and 1/2mediately organize a joint reserve

board and exchange, 15/16 October-December.

and

U.S. DOLLARS The market closed with sellers at 30 15/16 August-September and 30 7/8 October, buyers at 31 1/10 for cash and 31 September-Octo

ber.

The Ministry also instructed the Bank

ank or China, Central Bank of China and the Bank of Communi- cations to supervise the workings of the new board and exchange. Central New

Berlin, Aug. 16. The Reichsmark was quoted, with guarantee, at

New York, 40.22. Paris, 1072.00,

Amsterdam, 72.92 to 72.98- London, 12.392.

Paris sterling, 123.78 to 123.83. Parle UB. dollars, unapoted. Fransocean News Service.

The strike continues, but the situation is under control, states a telegram received by the Colonial Office from the acting Governor of Mauritius

Reuter's Bulletin Bervice.

CANADIAN TRADE HELD UP

Vancouver, Aug. 15. Canada's valuable lumber trade

Dominion.

SLUMP

London, Aug. 16... With regard to the slump that occurred in Chinese and Japanese Issues on the London Stock Ex- change to-day as a result of theTM latest developments in Shanghal, It is now reported that, the slump in prices averaged four pounds sterling.

in Bouth China has been inter- The Japanese Loan of 1899 was rupted by the Sino-Japanese how quoted at 51, the 51% Tokyo Loan Willtes. Exporters have been ad- | at 66, the 1898 Chinese Loan at 93 vised that ships will be unloaded and the Chinese Loza of 1912 at in Shanghai.

1937-08-18 — Page 12

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