1937-08-20 — Page 12

12

DAILY SHARE QUOTATIONS

Sharebrokers'

Hong Kong Stock

"Bayesi

:

!!!!

Exchange

THURSDAY. AUGUST 19,

Banka

Do.

Bank of East Asia... N. U. & 8. Backs... Insurances

Canton Lara:1380..

Union Insurances ...

Underwriters

Association

Wayn

"P

Sellars

HONG KONG DAILY PRESS, FRIDAY, AUGUST 20, 1937.

H. K. STOCK EXCHANGE

AND

H. K. SHAREBROKERS' ASSOCIATION

Philippine Gold Mining Quotations

19th August, 1937

Time Received

clos

clos,

9.50 10.20 11.25 9.40 3.07 3.30

...1 19 1814)

8 A3

140 13

50

80

.021 023 .021

8 8 1 1 2 1 1 1 1 1 2

1,700. H.K. Banks

€100

2133

2334

Do. (London) ... Chartered Banica ... Morcantile Bks "A"

$1,850 £107

£13

£33)

£1

Stot

$99

18th Aug. Closing Raton

1:

B:

S.

9.50

324

1300

$297

Antamoka

74

73 -74

1810

1600

Atoks

20

20 21

12

39

WHO

H.K. Fires

someras

$250

Baguio Gold

13

International Asso. 3.

+++

Bonguet Consol

10.00 10.5 10.25 10.75

Shipping

$48)

Douglanea

1481

Benguet Explor

181

Steambong

$84

Big Wedge...

SDI

Indo-Chinas (pref.)

$51

Coco Grove...

142

Do.

(def.)

$42

Consol Mines

1104 Shells

111/3

Waterbat

$9.30

Demonstrations

46

E. Mindanao

10 161

10/6

!!!

20/6

G. Goldfields

19

11

12

$11.45

#4.20

Itogons

89

59

I. X. L.

€3

ex

Masbates

17

17 173

$120

上

160 cb.

832.8

#119

Min. Resources

16

151

161

52.20

Northern Mining

4 6

4

(cow)

50 o'

Paracate GumnÐA“

39.

201

1321

$106

San Mauricio

...

93

92

13

Sayee Consol

25 25 24

Lands, Hotels, and

United Paracales...

08

87

36,80

xd134

Bui dines.

H.K. Hotele

H.K Larda.......

16.65

Market Comment,'

E

S

$

135

$102

Do. 4% Debentures

3102

111

Shanghai Landa...8.

***

Metropolitan Land...

THE EXCHANGE

10.10.

H.K. Hoalties....**

85.90.

$1

China Do

100

Do. Debentures8:

3

Humphrey's

$9

*$90

Chinese Estated.......

Cotton Mills

Mining

Kailans...

Venezuvis Gold Fids.

Docks, Wharves,

Godowns, etc.

H.K. & K. Wharvoï.

Providents (okly...)

Da

H.K&W, Docks

$168 Shangusi Dock S.

13 Now Enginvorines S.

༄། } ཟླ| ཎྜཱ

། །༄སྨྱ*ཎྜལ3g ཿཧ 1}3.

=

2!

19

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital

$60,000,000

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

Sterling

.....£ 6,500,000

Hong Kong Currency

Reserve ............... 10,000,000 Reserve Liability of

Proprietors

THE CHARTERED BANK OF INDIA AUSTRALIA AND CHINA Incorporated By Bayal Chorten, 1953

HEAD OFFICE: LONDON: 38, Bishopsgatë E.C:2.

.............. £3.000.000

- £3.000.000

£3.000.000

Paid-up Capital. Reserve "Fund. $20,000,000 Reserve Liability of Pro

prietors.

MANCHESTER BRANCH: 71, Mosley Street, Manchester.

Head Office:-HONG KONG

·Board of Directors.

G: Miskin, Esq.,

Chairman.

Hou. Mr. M. T. Johnson,

Deputy Chairman.

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

J

AGENCIES AND BRANCHES:

ALOR STAR ILOIH AMBITSAR BANGKOK BATÁVIA BOMBAY CALCUTTA CANTON

BAIGON

IPOH

SEMARANG

KARACHI

KEREMBAN

ILANO

SHANGHAI

J. R. Masson, Esq.

K. S. Morrison, Esq.,

KORE KUALA

LUMPOR

BINGAPORE

SITIAWAN

SOURARAYA

Hon. Mr. J. J. Paterson,

CAWNFORE KUCHINO

CRIU

TAIPING

MADRAS

T. E. Pearce, Esq,

VIENTREN

COLOMBO

MANILA

TONGKAH

DELHI HAIPHONG

MEDAN

(Bhuket)

NEW YORK

TSINGTAO

BAMBURG

FRIFLYO

YOKOHAMA

HANKOT

HARDIN

(Paking) myDANGA PENANG

Amoy Bangkok

Batavia.

Ipok Johore

Bombay

Kobe

Calcutta

Kowloon

Canton

Künla

Chefoo

Lumpur Shanghai

Colombo

London

***

$1.80

$3 olsk

$13.80 Ewos

$100

...............

S'hai Cottonsfold)S.

Do.

314

$90

$34

$5

$34

Zoong Sings.

480

Wing On Textiles(S.)

Ewo Cotton Rt., S.

Public Utilities

$14)

Peak Teams Cold)... $5

Do.

(new) $

186

Star Ferries ******

$85

$27

>97

$14.60 Tramway* ******

Yaumati Forries...

$13.90 China Lights (old)....

Do. "(Bow)...!

H.K. Electrica ......

MARKET

MESSRS. ROZA BROS.

68

H H

A

A

12

N

61

64

31

95

S F S D D

PHILIPPINE MINING

NEWS

An operating contract was sign-with P. J. O'Neill as president: ed August 10 between the Eve Gec. W. Workman, vice-president: Hong Kong, Aug 19. Mining company, which owns 18 Cirilo Lim. secretary-treasurer, Di- Silver prices dropped 1/16 yes lode claims in the municipality of rectors are H. Sevilla, H. V.Camp terday for both deliveries, the Infanta, Tayabas, adjacent to the bell, L.. C. Moore, LF. Mitchell, quotations being 19 15/16 for property of the Angelo Mining The contract was signed by P. J. Ready and Forward. Silver ad-Company, and the Rapu Rapa Gold | O'Neill for the Rapu Rapu Gold vices reported speculators is hav~ Mining Company whereby the lat- | Mining Company. ing, operated both ways. India

ter acquired a 150-day option to bought. The market closed steady, explore the property. If results After the official fixing the market, substantiate previous engineers'

Silver was idle. American

was reports, the Rapu Rapu Mining $13 $13.30 quoted at 44 3/4 for Spot..

Company will develop the claims $501 The London-New York cross-and erect a mill.

rate was higher at 499.37. New York-London was quoted at 499.-

$13,70)

$60

$181

Macao do.

$141 Saudakan Lights ........ 129.60 Telephones (old) ........

$11.60 Do. (now).

$29,40 $11.30

1/8.

#

$47.

$19 China Busas d 24/- Tractiona haylını

93/- Do. (pref.)----|

$10

317

$2

#15.10

36.05

$984

15.20

Industrials

Caldbeck, ord.) 8. |Siyogregoraf (praf.)8,

"Canton Ices

Jomonts

Ropes

Miscellaneous

Dairy Farmor.....

Ch. E'tainments..... Constructions, (old)

Do.

10.0t Lane Crawford.....

$2.00

$5,40

Nanyang Tobacco...

Bingeres...

Watsons.

3. C. Enterprises ... 977. Ch.G.541925G.3 Bda

prec... Govt. 1% Laus

****

!!!!!

##

$15 15.20

$281 54,80

MARKET Steady but dull.

STERLING There were sellers at 1/2 31/32 August-September and 1/2 15/18 October-December, buyers at 1/3 1/32 Cash-October and probably 1/2 31/32 November-December. A small business was arranged at 1/3 for cash, ".

50 cts. in

$8,60 $8.80

$5.35

SI

Jo%

*

prem.

Do.

31%

26

Wallach Harper

310

K Wing Or ........... S'hai Do

.05

1100

$4.92

40 cta,

Vibro Pinger

27/6 Maramans Inv. (Lon.)

7.

(ELL)

Wzo. Powells()

•Sales to Shanghat.

LONDON EXCHANGE RATES

Paris

Geneva

Berlin

Athens

Milan

Copenhagen

Stockholm

21:701

94-13/16

4.99-5/18 9.04)

143-3/16

(British Wireless Service)

Aug. It

132-27/32

Aug. 18 132-59/64

12.387

21.737 12.401

94-11/16

Shanghal

1/21

New York

4.98-7/16

Amsterdam

9.037

Vienna

Prague

142}

Madrid

Lisbon

Hong Kong

1/21

1/21

Bombay

Montreal

4.98-7/16

4.901

Brussels

29.501

29.00)

Yokohama

Belgrade

Monte Video

30-13/0

Rio.....

Bucharest

Silver (Forward).

Silver (Spot)

War Loan

Du LONDON:-

20

20

33-100-1/16

Closing Quotations

August 19, 1837.

Telegraphio Transfer... 11/

Bank Bills, on demand

Credits. four months'

sight

OF BRANGNAL:-

On Demand

19-15/18

13-15/10

The terms..of the contract are that whch milling starts the Rapu Rapu Gold Mining Company shall be reimbursed 75 per cent and the Eve Mining Company 25 per cent until all expenses have been paid, when the division will be 60 per cent to the operator and 40 per cent to the company owning the claims.

RICE REPORT

The Eve mining Company which was incorporated July 29, 1937, has as its officers and directors R. E. Hauck, H. C. Elle, K. S., Charlton, Franch Sauter, Issac Godol, Andres Polentan and S. C. Beloso.

PROSPECTS GOOD

"From the results of our examl- nations of the Eve Mining Com- pany's property and our knowledge of the mineralization of the dis-. trict which contains the Angelo Mining Company, we believe that the Infanta municipality of Tay- abas will develop into a second Bagulo," said P. J. O'Neil, presi- An examination of the 18 lode dent of the Rapu Repu Gold Min- claims of the Eve Mining Companying Company. "We signed the was made by licensed engineer E. operating agreement with-the Eve A small business was done early C. Rice who recommended to the Mining Company after a careful board of directors of the Rapu Ra-examination of their claims and Du Gold Mining Company that it will bush the development work as the option agreement. rapidly as possible. We have ex- Hawkins, mining exercise Seven outcrops were sampled with gaged F. H.

engineer who has had extensive values running to P27.20 per ton.

experience in Afrin to be the sup- erintendent on the property.

U.S. DOLLARS

the morning at 31 3/16 for September delivery. The market closed at 1 p.m. with sellers at 31 1/8 August, 31 1/16 September and 31 October and probably Novem- ber, buyers at 31 1/4 for cash. 31 1/8 September-October and 1/18 November.

SHANGHAI DOLLARS

Nominar.

SHANGHAI MARKET

31

Although the contract, was offi- cially signed on August 10 the Rapu Rapu Gold Mining Company has been on the property for more than a month.

..

The Rapu Rapu Gold Mining The Shanghal market was clos- Company is a million peso company!

140 ots, ed to-day.

31% 100-3/16

ON NEW YORK :-- ·

Bank Billd, on demand 30% Creditá, 60 days' light, 31).

ON BATAVIA:-

-On Paris:

101 N. ON SAIGON

13/10

On demand

1/3 1/16

.

"Bank Bills,, on demand 818- Credits, 4 month's sight 989,

O SINGAPORE:-

On demand ......

811

On demand

1/2 9/16

ÖY MAMILÁ :-A

*), fin "demand -

1081

On' demand gena Bovenians

BÁN SILVER, DES ER:

On JAPAN:-

On demand

Telegraphie Transfer •} sit

Bank. on

ui

́(n°Bázorok

Bank Baying

1801

IN THE AFTERNOON The market was quiet in the afternoon:

IN STERLING

A small business was done at 1/2 31/32 for October delivery. The market closed with sellers at 1/2 31/32 August-September and 1/2 -15/18 October-December. buy- ers at 1/3 1/32 Cash-September, 1/2 1/3 October-November and 31/32 December.

The market closed with sellers at 31 1/8 August, 31 1/16 Septem- ber and 31 October; buyers at 31 1/4 cash and 31 1/8 September- October.

"

U.S. DOLLARS

H. K. STOCK EXCHANGE

YESTERDAY'S OFFICIAL QUOTATIONS

Though very narrow, a certain activity continued in the local market, with

prices subject to negotiation.

"The Manila market was steady..

Bayers

Douglases, $48) Indo-China (Def.), $42. Union Waterboats, $9.30. Chinese Estates, $90, Peak Trams (old), $5.

Peak Trams (new), #2).

WM. Powell, Ltd., 40 cts. Constructions Hold); $1.60. Constructions (new) 50 cts, HK GOTL: 31% Loan. 14. Frm

EMANCIPATION OF THE FAR EAST

Berlin, Aug. 19.

"The Rapu Rapu Gold Mining Company 19 prepared to push through the mill construction just as soon as the development work warrants the expenditure.

JAPANESE

A. L. Shields, Esq.,

Sir Vandaleur M. Grayburn,

Chief Manager.

Branches: Iloilo Peiping Penang Rangoon

Saigou

Son. Fran-

Cisco

Singapore

Dairen Lyons Sourabaya

Malacon Sungei

Foochow

Haiphong Mauila

Hamburg Muar

Hankow

Patani Tientsin

(Johore) Tokyo

Tsingtas

Harbia Mukdeu Hongkew

New York Yokohama

in

Current Accounts

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

Also up to date Safe Deposit Boxes in various sizes To Let. Hong Kong. 18th May, 1937.

BONG KONG SAVINGS BANK

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

For the HONG KONG & SHANGHAI

RANKING CORPORATION.

.V. M. GRAYBURN,

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

BANK OF EAST ASIA, LIMITED.

HONG KONG HANGCON

FOREIGN EXCHANGI and General Banking Business transacted,

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

The Bank's Head Office in Lo- don undertakes Executor & Trustee business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained, any of the Agencies and Branched.

B. W. ROBERTS, -.

Manager.

THE CHASK BANK

18, QUEEN'S ROAD CENTRAL

HEAD OFFICE:

19 PIKE STREET,

1. 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 You, With Resources over U.B. $2,500,000,000.

D. M. BIGGAR,

··Manager. ̧¡

THE YOKOHAMA SPECIE BANK

LIMITED

Authorised Capital $10,000,000.00 6,599,800.00 Paid-up Capital Reserve and Undivided

Profits.......... 2,776,796.76 Capital (fully paid up)

Reserve Fund,

4

HEAD OFFICE:-HONG Kono No. 10, Des Voeux Road, Central, Board of Directors: Sir Shouson Chow, Chairman

Esq. Li Koon Chun, Eng. Li Lan sng,

Wong buson, Esq. P. K. Kwok, ag Wong Yun Tong, aq. Kan Ying Pu, inc. Chan Ching Shek, FungPing Wah,

Esq.

Esq.

Kan Tung Po, Haŋ., Chist Manager. Li Too Fong, Esq., Manager.

Broncha and Agencies

Kowloon Penang Bourabaya London Bancoon Bwatow Mita Balgoa Sydary Melbourne 88 Fran-

REINFORCEMENTS

Amoy

Hatavia

London, Aug. 19. Japanese reinforcements for the garrisons in North China are ar- Bankow

Bombay

Calcutta

Halphoog

Kantaki New York Sealin

Honoqla Par

Kobe

from Tientsin.

Takboku

cino. Beatain

Torre

Geronto) Valconver Shangba Yokohama Peiping • пароти

In an editorial published on the front-page of the "Deutsche "All- gemeine Zeitung," Dr. Paul Ostwndriving on an increased scale, ac-

Every description of Banking writes on the latest developments cording to reports received here

the Far East.

Fourteen Japanese troop trans-aad Exchange business transacted. Loan's granted on, approved port vessels are now lying off securities. Tangku, while the Shanheikwan- Tientsin railway line is at times blucked by transports of troops and war material,

He states that these develop- ments show the great changes that have taken place, not only in the balance of power on the spot, but also in the part played by the Far East in world affairs, as compared with former times.

The conflict between China and Japan has become a matter over which these two countries must themselves find a solution, where- as the foreign powers, formerly of

such

are

Yen 100,000,000 m Yen 122,850,000.00

HEAD OFFICE: YOKOHAMA -

BRANCHES AND AGENCIES AT: Alexandria Honolulu Rangoon, Bangkok

Isipking Rio do

Batavia Karachi

..ǎneiro

Бад

Erauci.co

Los Angeles Seattle.

Berlin. Bombay

Kobe

Leaden

Calcutta Canton Dairen

Msaila Semarang

ALoji

Shanghai

Sperabaya

(Dalay) Nagasaki Singapore

Vengtien Nagoya

(Mukden) New York Sydney

Hamburg Osaka

Hankow Ora

Harbin Paris

Tientain

Tokyo

Tsingtao

Hong KongPeiping Tinkow

Interest allowed on Current Ac counts.

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

received

UNITED FRONT

Y. KANO, Current Accounta opened in

Manager.. Local Curraney and Fixed De Hong Kong, 10th March, 1937. posits received for one year or shorter periods in Local and The strength of the Japanese Foreign Currencies on terms which

in North will be quoted on application. fordes concentrated China is estimated at more than

Sale Deposit Boxes To Let 100,000 men. One half of the

KAN TONG PO

Chief Matlager. troops are going to Peiping, the other half remaining in Tientsin area. The Japanese are apparent- ly planning an advance south- wards towards Paotinglu- Transocean Nawn Service.

BOARD OF TRADE RETURNS

Shanghai, Aug. 18.

In connection with the British proposal to protect the Inter- cardinal importance, forced to adopt the role of spectators. This has terminated

national sellement in Shanghai by diplomatic, steps, it is learned from informed quarters here that the historic era which began in

it has succeeded in obtaining the 1840, when foreign powers opened

London, Aug. 18.

consent of France and the United the Chinese ports. Having passed.

The Board of Trade ladex num- through grave domestic struggles, China has found her way to Asia will be anected. Neither the ber of industrial production in the States to act Jointly with Great national self-determination only United States nor Britain, Dr. United Kingdom in the second Britain in simultaneous diplomatic The object of this diplomatic during the last one and a half Ostwad believes, would abandon quarter of the year was 2.3 per steps in Toryo and Nanking. decades. Regarding her political their reserved attitude, unlea cent higher than in the previous Power, however, she had not until their Anancial and economic inter- quarter, and 9.1 per cent above move will be to ensure a with now been able to make her natural ests make it necessary and advis the June quarter of 1830, the ib-drawal of both Chinese and Japa- dex numbers for the three periods nese fighting forces, including air- weight felt in East Asia,A

None of the occidental signa- with the year 1930 as a base being craft and warships from the This would also remain the main problem of the future, and it de tories of the Nine Power Treaty 134,71327 and 123.5 respectively Shanghal area, whilst Britain pended entirely upon the swiftness have so far seen at to draw the The most important increases in France. and the United States will with which she was able to consequences for the maintainance activity recorded in the June quar- undertake to protect Chiness and penetrate the 400 million In-of the national integrity of China, ter compared with the same quar Japanese property. habitants of her country with the The times of undangerous inter-ter of last year were in respect idea of national solidarity.vention in the Far East have gone. of electrical engineering, ship

Foreign powers have now The emancipation of the Far East puliding. iron and steel, chemicals | adopted a stand-by policy in has become a historic fact, which and textiles... China, and their interest is con- cau no longer be disregarded in cerned with the guestion, how far any survey of world affaire.--- their economic Interests in East Tranençean News Service

able.".

There was also a substantial rise for non-ferrous metals. British Wireless,

The prospect of Japan accepting this proposal is said to be more

fact that a United. Front in this favourable to-day. At any rate the

matter," has been created is taken na favourable sign for eventual success-Transocean News Server