1937-08-25 — Page 12

12

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Sharebrokers'

Association

Buyers Selluru

مولمن

60

TOKOHAMA

HONG KONG DAILY PRESS. WEDNESDAY, AUGUST 25, 1937.

H. K. STOCK EXCHANGE

AND

H. K. SHAREBROKERS' ASSOCIATION

Philippine Gold Mining Quotations

23rd Aug.

Closing Rates

||

2 th August, 1937

Time Received clos

B.

S.

0.50

9.50 10.27 11.10

2.40 3.05

clos.

3,40

$207

Antamoks

73 74

1600

Atoks

14

$980

Baguio Gold

20 18)

232

73

*

21

18

13

Benguet Consol 10.25 10.50 10.5 10.50

$300

Canton Insuran 20%...

1610

Union Insurances .......

32

Underwriters

1280

H.K. Fires...

13

International Aasco, 5,

Noo

TUESDAY. AUGUST 24,

Bayere

Bellars

Bale Bom/Ba

Baulis

$1,850 H. K. Banks

£JA

£13

Chartered Banks

Do. (London).*|

233

EID

$101

Mercantile Bes. "A"

Do.

Bank of East Asia...! N. U. & 8. Barka ...)

Insurances

! ! ! ! ! ! ! !!!!!

$1,735

BUR

£13t

esal

215

$89 $2

3.

shipping

Benguet Explor

ด

$48)

Douglasen

$481

151

២៨

Steamb

$8+

Big Wedge

1310

13

18

Indo-Chinas (pref.).

331

Coco Grove

50

48

50

$43

Do.

(det.)

$42

Consol Mines

.021

,021 .029

[110/74) Shell ............

110/71

19.30

Waterbuata

$9.30

Demonstratious

41

44

45

43

Mining

E. Mindanao

16

15 18

15/6

Kailana

20/8

G. Goldfields

1}

10

11

11

101

11.

{Ha4hs at*-bs ...་

111.45

15

Venezue Gold Fids. $4.35

Itogons

60 62

67

00

56

'

I. X. L.

62. GI 82

50

30

E

Docks, Wharves,

Masbates

16 17 18

176

16

Godowns, etc.,

$120

2

H.K.&. Whtarrow.

$119

KO etc.

(00)

$32.8

H.K. & W. Docks

Si68

$3)

New Engineerings S.

Providents (ok!)...

Do.

$2.20

50 0's.

Min. Resources

Northern Miting.

Paracale Gumaus ...

15

15

15

66

૧.

30

$330

San Mauricio

14

93

34

* H

A:*

#7

16.20

#1

$6.90 1342

$60

Shangrai Docks 9.

Lands, Hotels, and

Bui dings

H.K. Hotels

H.K Landa.......... Du. 4% Debentures Shanghai Landa...S Metropolitan Landa... H... benities..arena China Du......... Do. Debenturess. Humphreys ....... Chinese Extacy....

Cotton Mills

$13.80 Ewas .............................$.

$100

$100

$3

Suyoc Consol

24h

243

26

United Paracales

ᏳᎢ .

06

68

36.85

Market Comment,

S

Q

Q

:

$35 $102

$7.90

Sam Cottons(uk)S.

314 $90

Du.

(new).

$34

Zoong Singe S.)

$34

$80

Wing On Textiles(S.){

$40

F

Ewo Cotton Rts. S.

Public Ulikkom

$14.60 Tramways TWIN

$14

Poak Trains (ok)...] 15

Dɔ.

(new)... $2j

196 Star Ferros ******** 1x7.

$85

Yaumati Forries

$12.00 China Lights (old)...

527 $13

$13.70

Do. (new)...

100

F.K. Electrics.......................

118

Macao do.

$141

Sandakan Lights ...

$29.40

B:1.30

MARKET Steady but extremely dull

STERLING

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital

...... $50,000,000 Issued & Fully Paid-Up $20,000,000 Reserve Funds;---

Sterling...

Hong Kong Currency

Reserve

Reserve Liability of

Proprietors

..£6,500,000

THE CHARTERED BANK OF INDIA /

AUSTRALIA AND CHINA Incorporated by Royal Charter 1933

HEAD OFFICE: LONDON: $8, Bishopsgate E.C.3.

.....$10,000,000 Paid-up Capital..

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

£1

Head Office:-HONG KONG

Board of Directors. G. Miskin, Esq.,

Hon. Mr. M. T. Johnson,

Chairman.

Deputy Chairman.

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

J. R. Mason, Eq

K. S. Morrison, Esq.,

Hon. Mr. J. "J. Paterson,

A. L. Shields, Esq..

prietors

£3.000.000. £3.000.000

£3.000.000

"MANCHESTER BRANCH:

71, Mosley. Street, Manchester.

AGENCIES AND BRANCHES: ALUR STAR ILOILO AMRITSAR IPOH BANGICX KARACHI BATAVIA XLANG BOMBAY KORE CALCUTTA KUALA CANTON

CAWNPORK KUCHING

MADRAS

COLOMBO MANILA

(Bhuket)

SAIGON SEMARANG

BEREMBAN

SHANGHAI

SINGAPORS

'MITIAWAN

LUMPOR

BOUZABATA

TAIPING

T. E. Pearce, Esq

TIENTRIX

TONGKAK

Sir Vandeleur M. Grayburn,

DELKI

MEDAN

Chief Manager.

HAIPHONG

NEW YORK

THINGTAO

HAMBURG

PRIPING

ΠΑΝΤΟΥ

Branches:-

HARDIN

Amoy

Iloilo

Peiping..

Bangkok

Batavis

I poh Johore

Bombay

Kobe

Penang Banguon Saigon

Calcutta

Canton

Chefoo

Colombo

London

+

Lumpur Shanghai

Singapore

Malacos

Sungel

Patapi Tientsin

.$90

324

$1.60

50 cts

::

!!!!

129.60 Telephones (old)....

$11.50 Do (new)

$12)

Chias Bures......S.

247- Tractiona

Do.

(protilasers:

Industrials

Macgregors (prof.)8.

Canton Ices

$18.10 Canenta

Ropes......

Miscellaneous

33

THE EXCHANGE

MARKET

MESSRS. ROZA BROS.

Silver prices were unchanged yesterday, the quotations remain ing at 19 15/16 for both Ready and Forward. Silver advices reported India as having sold." Speculators

market was bought. The

idle. American Silver was quoted at 44 3/4 for Spot.

S'ier Eier VD Sier

ཐ་

PHILIPPINE MINING

NEWS

El Tesoro Mines, Inc. has signed a contract with Southern Invest- ments Management Corporation by which the latter will operate and manage the properties of the former located at Atok, Bagulo; Mambulao, Camarines Norte: and Bisig, Surigao, Stockholders of the El Tesoro Mines unanimously rati- fled the profit-sharing basis con- The London-New York cross-tract in a meeting held recently. rate was quoted at 498.68. New $13.30 York-London was quoted at 498.-

$091 9/18.

+

24/

531-

$18

Caldbeak, ord.) 8.

$17

32

43

116

$5.00

35.93

$261

Dairy Farma............

....

10.10

Ch. Etainments......

Constructions, (old)|

Do.

$28? 14.80 $12

new 50 cts.

10.00

Lane Crawforda......

Nanyang Tobacco....

19,60

Bánceres....

$5.40

Watsons

$8.60 $8.80

12 $5.35

97%

8. C. Enterprises .... Ch.G.8219250.#Bds

$11

pren.. 82

HE. GOTE. 4% Lo

$100

prem.

Do.

31

$101

H.K. Wing Ou

品

B'ha

40 20/3

$100 $4.30

40 cts.

LONDON

Paris

Geneva

Berlin

Athens

Milan

Copenhagen

Stockholm Shanghai

New York

Amsterdam

Vienna

Prague

Wallace Harper

Do

Vibro Filing

Marsmans Inv. (Lon.

Wia. Powells

(H.K.)

Sales to Shanghai

!!

EXCHANGE RATES

"(British Wireless Service)

Aug. 19 132-57/64 21.73 12.40

94-13/15

4.99-1/16 9.04.

Aug. 21

132 53/64 21.72+ 12.401

94 13/16

4987 9:04

Madrid

Lisbon

Hong Kong

1/2-15/16

Bombay

Montreal

4.99)

Brussels

29.62

4.9813/16 29.62

Yokohama

Belgrade

Monte Video Rio

Bucharest

Silver (Forward)

Süver (Spot)

War Loan

On LONDON:

19-15/16 31% 100-5/18

Closing Quotations

August 24, 1837.

Telegraphie Transfer.. Bank Bills, on demand }1/87

Credits four months'

sight

ON SHANGHAI :--

On Demand

ON SINGAPORE:-

On demand

JOB JARLA :-

On demand

102

[GD

Telegraphie Tranzfor. Jes

Hank, on demand.......

ON NEW YORK:-

19 15/16

19 15/16

Kowloon San Fran- Kuala

cisco

Dairen Lyons Sourabaya

Foochow

Haiphong Manila

Hamburg Muar Hankow

(Jhore) Tokyo

Harbin Mukden Taingtao Hongkow New York Yokohama,

quoted on application.

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

Current Accounts opened in Local Currency and Fixed Deposits received for one year or shorter ing geologist and mining engineer. periods in Local Currency and Mr. Jones is a graduate of the Co-Sterling on terms which will be, lorado School of Mines and has many years of experience behind him. Work on the El Tesoro prop erties will start within this month. Southern Investments has a ca- pital stock of P5.000.000. Its board of directors is composed of the fol- lowing: Speaker Gil Montilla, vice president and general manager;

The properties to be operated will be under the direction and su- pervision of the technical staff headed by Nell M. Jones, consult-Montilla, directors.

Agustin B. Montilla. Jr. treasurer; Rafael Corpus and Bonifacio J. C.

PINEAPPLES

The importance of the pineapple

to Selangor is that it is one of the few crops which can be success-

A small business was done dur- ing the course of the morning at 1/3 for September delivery. The market closed at 1 p.m. with sel- lers at 1/2 31/32 August-October and 1/2 15/18 November-Decem-fully grown on peat, and being at the moment a profitable crop, offers ber, buyers at 1/3 1/32 cash and

a solution to the problem of utills- 1/3 September-December.

ing more of the extensive peat land in Selangor:

י

D.S. DOLLARS

Business was done at 31 3/18 for August delivery. The market clos- ed at 1 p.m. with sellers at 31 1/8 August-September and probably 31 1/18 October, buyers at 31 3/16 for August-September and 31 1/8 October.

SHANGHAI DOLLARS

Nominal.

SHANGHAI MARKET There were sellers of Sterling for Cash at 1/2 7/14. buyers at 1/2 1/2 US Dollars, sellers at 30 1/16 for cash, buyers at 30 1/8 for 140 ota.

cash.

Bank Bills, on demand 30% Credits, 60 days' night. 31) ON BATATTA:-

On demand

.................. BOT. On Panis:--

Bank Bills, on demand 822 Oredits, 4 month's night 873

On Sarton:

On demand....

ON MANILA:-

ST

1498

fa damand ............................................ 814 Ox BangkoKAT.

On demand Boversions Bank Buying

Rats

SOME/31/16 BAR RIVER, pre a common 19 15/10

IN THE AFTERNOON The market was steady but quiet in the afternoon. STERLING"

The market closed with sellers at 1/3 August-September and 1/2 31/32 October-November, buyers at 1/3 1/32 Cash-September and 1/3 October-November.

U.S. DOLLARS The market closed with sellers

at 31 3/16 Cash, 31, 1/8 August- September and 31 1/16 October. buyers at 31 1/4 Cash-August, 31 3/16 September and 31 1/8 Octo-

ber.

H. K. STOCK EXCHANGE

YESTERDAY'S OFFICIAL QUOTATIONS

The market was again quiet, the more so being Settlement Day.

The Manila Market was again inclined to be easier!

BUYERS

Douglases, $491. Indo-Chinas (Def.), $43. Union Waterboats, $9.30. Humphreys, $9. Chinese Estates, $98. Peak Tramis (Old), $5. Peak Trams (New), $2§. Wm. Powell, Ltd., 40 cts. Constructions (Old), $1.60. Constructions (New). 50 cts. ELK. Govt. 31% Loan, 14% Prm.

Observations, states the British Resident, Indicate that peat land will carry a paying crop of pinos much longer than the pineapple areas, of Johore and Singapore.

A comparative test by the can- ning officer of pines of similar type from the quartzite hill area at Dengkil and peat at Tanjong Dua- blas disproved the theory previous ly held that it was not possible to obtain a fully golden product from pines grown on peat soil, but showed that they are inferior in flavour. An analysis of the two types of fruit by the Soils Chemist Indicated a marked difference in composition, and experiments are now being carried out to see whe ther it is possible to improve the flavour of pines grown on peat by manuring.

ATTACK ON ALL FRONTS

FISHING

The coastal population of Keian- tan lives mainly by fishing except when high seas are running during the North-East monsoon period and it is too rough for them to put out. Thus states Mr. G.A. de C.

de Moubray, M.C.8.. in the Annual Report on the Social and Economic Progress of the People of Kelantan, for the year 1936.

Even during this monsoon per- lod a small quantity of Ash is, however, caught by means of cas- ting-nets. In fair weather the fishermen, who are all Malays, put out to sea either for the #hole day or the whole night and catch their fish chiefly by means of seine nets, each net usually handled by small fleet of five boats.

Most of the fish caught, adds Mr. de Moubray, is sold fresh at the different markets and consumed locally, but some is also exported in the form of dried fish.

aš

An entirely new departure, so far Kelantan Is coucerned, was made in the construction before the end of the year of two large fish traps of the variety known as "kelong." constructed

three fathoms of water, four miles off

24

HONG KONG BAVINGA BANK

THE Business of the above

Bank is conducted by the

KONG & SHANGHAI BONG BANKING CORPORATION, Rule may be obtained on application,

For the HoxG KONG & SHANGHAI

BANKING CORPORATION.

V. M. GRAYBUEN,

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

BANK OF EAST ASIA, LIMITED.

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

Profite

(Paking) nanoGANGA

'PENANG

HONG KONG HANGOON.

FOREIOS EXCHANGE and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITа received for Oce Year or shorter periods at which will be quoted op applica tion.

raten

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

B. W. ROBERTS.

Manager.

TAX CHASE BANK

16, QUEEN'S ROAD CENTRAL

HEAD OFFICE:

18, PIN STREET,

NEW YORK.

An American Bank ofering com

plate Foreign Banking Service in the principal Marketa of the world. Interest Bates on Application.

SAFE DEPOSIT BOXES

This Bank is entirely owned by Tus CHASE NATIONAL BANE, New Yoar, with Resources over U.8 $2,500,000,000.

D. M. BIGGAR,

Manager.

THE YOKOHAMA SPECIE BANK

LIMITED

5,398,600.00 Capital (fully paid up).

2,776,798.70 Reserve Fund.

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

Board of Directors:--

Yen 100,000,000.00 Yen 132,850,000.00

HEAD OFFICE:—YOKOHAMA

BRANCHES AND AGENCIES ATT Alexandria Honolulu Bangoon

Rio do Bangkok Hsinking

Janeiro Sag Batavis Berlin Bombay

Francisco Esq Calcutta

Bir Shouson Chow, Chairman Li Koon Chun, Bay. Li Lan Sang, Esq. F. K. Kwak, Esq. Wong ChuSon, Esq. Wong YunTong, Esq. Kan Ying Fo, Esq. Chan Ching Shek, FungPing Wah, Esq.

Kan Torg Po, Esq., Chief Managur. Li Tae Fong, Esq., Manager.

Branches and Agmcies;—

Kowloon Fatang Bourlanya

Basgoon Bwatow Baigati

Amoy

Balcatta

ris Banbar Cate Haiphong Hankow Bonolulu Kobe

Loader Mana

Pack

Paiplog

Hydney

Talbožu

rison Tentón

Melbourne Bad Fran- Kagnos New York Juustle Tokyo

Bemarang! Yazoonvar Shanghai Yokohama

Karachi Kobe London

Los Angeles Seattle."

Manila Semarang

Canton

Dairen Moji

Shanghai

(Dalay) Nagasaki. Singapore

Fengtien Nagoya,

Scerabaya

(Mukden) New York Sydney

Hamburg Osaka

.Tiantain

Hankow Qtaru Tokyo Harbin Peris

Tsingtao

Hong KongPaiping Tinkow

Interest allowed on Current- Ae counts.

Fixed

for Deposits received Every description of Banking Periode at rates to be obtained on

the shore. The cost of constructing and Exchange business transacted. application." Y, KANO,

such a "kelong." according to Mr. Loans granted on de Moubray, is roughly $1,000. securities.

approved

and

Manager.

RELIEF MEASURES

Construction of three more such Current Accounta opened in Hong Kong, 10th March, 1937. "elong" was started early thisyear, Local Currency and Fixed De Previously it had been considered posits, received for one year of that the seas on the east coast shorter periods in Local

Foreign Currencies on terms which were too rough for such structures will be quoted on application. to be able to stand up to a North-

Safe Deposit Boxes To Let East monsoon.

KAN TONG PO,

Chief Manager.

Shanghai: Attack on all fronts on land, sea and air Was waged by the Japanese this morning but despite the bombs and shells the Chinese held their ground. Firing was particularly heavy from the direction of Woosung where the Japanese régulars are attempting to penetrate the Chinese lines, with the support of naval gup | GOLD VALUE OF fire but they encountered stubbornest resistance.

the

WORLD TRADE

Four Japanese scouters flying

London, Aug. 23. over

Nantao drew anti-aircraft

The August number of the Lea- fire and the sky was specked with

gue of Nations' Monthly Statistical puffs of white but no hits were

Bulletin shows that the gold value registered. Meanwhile Chinese artillery in the Chapel and Klang of world trade during the second their quarter of 1937 was 10 per cent Are on the Japanese barracks but higher than, in the first quarter. a Japanese spokes- In the same period the volume of man with no success. The spokes-world trade increased by 3 pcr man allege that the fire which cent.---

wan

sectors concentrated

according to

destroyed eight N.KK. warehouses ¦ British Wirclean.

in Pootung a couple of miles down river from the Shanghai Club was

caused by an incendiary bomb SOVIET INDUSTRIES

Reuter.

Moscow, Aug. 23. Soviet heavy Industries will now controlled under two com- missariats. The first commissarial

REICHSMARK

"QUOTATIONS

Berlin, Aug. 23. Measures for the relief of Ger-..... man nationals in China have been taken" by the various party or- gankations under the direction of the Chief of the Foreign Organisa- tion in the Foreign Office.

These measures will primarily contine themselves to the relief of women and children in the most affected areas, in and

around quoted. Shanghal.—

Berlin, Aug. 23. The Reichsmark was without guarantee, at:

New York, 40.235. Paris, 1072.5.

Amsterdam, 72.90 to 72.93,

London, 12.405.

Paris sterling, 132.94 to 132.88. Parts US dollars, 26.625 20.03.

Transoican Newa ServiER.

FOREST FIRES IN WYOMING

Transocean New Merupa...

PRICE OF METAL

London, Aug. 23,

In reply to the recent criticism by Lord Numeld regarding the high to

price of steel, the North Wales Steel Company to-day said that the price of the metal in Britain at this time Is "controlled by the audited cost of production. Other- wise, the company declared, prices might be 40 per cent, higher. AIRMEN ALIVE?

New York, Aug. 23. As to Lord Nuffield's treat that for heavy industries will control Forest fires which have been motor car manufacturers might be Moscow, Aug. 23.

power stations iron and steel and raging, in Wyoming during the forced to buy steel. from foreign Soviet Radio Stations report, re- ceiving faint signals which they building materials, while the sec-past few days were finally put out sources, the company commented 1,500 to merely that such a course would claim were sent out by the trans-ond will have charge of machine causing destruction to

building.

2,000 acres of timberland Polar airmen.-

British Wireless. Reuter,

be

Reuter.

not be economical--

Reuter