1937-08-30 — Page 12

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DAILY SHARE QUOTATIONS

Sharebrokers'

Hong Kong Stock

་་

Exchange

Jalm

| Noo)))

SATURDAY.

AUGUST 28.“

Banke

"0"

Association

H.K. Banks

Ex. (London)

Chartered Banks .......

Marcantile Bks."

Do.

Bank of EartÁZÍM.... N. O. & 8. Barks............

Insurances

Union lastrandes .......

Underwriters - '...............

Bugars

Ballers

Balma

****** ***!!

Mamlu

$1,670

£97

8137

215

197

TIF H⠀ ⠀ ⠀

$1,600

E97,

132 8331

210

$101

$300

Canton lusÁTRÜGEN..

$810

1140

H.& Fires

MARLINS

International Asson, S.,

slupping

Douglases

140}

18+

181

$57

Info-Uhinas (prof.)

Do. (def.)

109/1 Shell

$9.00

Waterbosta

$9.30

Mining

.16/4

Kailans

III

Haaba

100

}:{

HONG KONG DAILY PRESS MONDAY, AUGUST 30, 1937.

H. K. STOCK EXCHANGE

AND

H. K. SHAREBROKERS' ASSOCIATION

Philippine Gold Mining Quotations

BANKS

HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA

· BANKING CORPORATION

Authorised Capital 850,000,000 Issued & Fully Paid-Up $20,000,000 Besarve Funds:-

Sterling

Hong Kong Currency

Besarve

Reserva Liability of

Proprietors

£6,500,000

AUSTRALIA AND CHINA Incorporated by Royal Charler, 1933

HEAD OFFICE: LONDON: 38, Bighopsgate EC2.

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

Reserve Fund......... $20,000,000 Reserve Liability of pro

prietors.

£3.000.000 £3.000.000

£3.000.000

MANCHESTER. BRANCH:

Board of Directors.

Chairman.

U Miskia, Esq.

Hou. Mr. M. T. Johnson,

Deputy Chairman,

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

J. R. Mason, Esq...

ALOE STAR ILOILO AMBITRAX THOU

Head Office:-HONG KONG

71, Mosley Street, Manchester.

AGENCIES AND BRANCHES:

BATCON

SEMARANG

BANGKOK KARACHI

BEREMBAN

BATAVIA

KLANG

SHANGHAI

BOMBAY KOOK

SINGAPORM

CALOUTTA .KUALA

BITIAWAN

CANTON

LUMPUB

BOURABAYA

CAWNPORR

KUCHING

TAIPING

COND

MADRAS

COLOMBO

MANILA

TOINUAK

DICH!

MEDAN

(Bhuket)

KAIPHONG

HÈW YORK

TINGTAO

RAMBURO

PHIPING

TOKORAMA

MANKOW

97th August, 1937

26th Aug.

Closing

Time Receivedi cloa.

cloa.

Bates

9,53

9.53 10.24 11.12

9.42 3.04

3.44

1207

Antamoks

€9

1600

Atoki

19 20

$990

Baguio Gold

.18 18 17 18

Benguet Consol

Bonguat Explor

10.00 10.25 9.75 "10.00

... B

Big Wedge Coco Grove ... Consol MineB

E. Mindanao

47 50

.019

.09

018

010

Demonstrations

141

15/-

G. Goldfields

for

· 41 ·

13 15

K. S. Morrison, Esq,

Hon. Mr. J. J. Paterson,

$11.45

旅客申

Itogons

33 54

T. E. Pearce, Esq..

AL. Shields, Esq.,

Sir Vandeleur M. Grayburn,

Chief Manager.

I. X. L

Masbates

141

14 341

Min. Resources

...14 144

$119

$2,20

Northern Mining

... 3 51

Amoy Bangkok

Branches-- Iloilo

60 0's.

Batavia Jabort

Peiping Ipob Pengak

Rangoon

Paracale Gumaus

201

1321

Bombay

Kobe

Saigon

San Mauricio

198

$106

Calcutta

Suyoo Consol

22)

Canton

Kowloon Kusla

United Paracates

17 52

Chefoo

Colombo

***

18.65

Market Comment,

Sier Q

E'ier

5 Eier V Q.

ន

135

$102

THE EXCHANGE

Haiphong Manila

Hamburg Muar

Patani Tientsin

$6.50

MARKET

$190 121

Venezuela Gold Fldu. #4.30

Docks, Wharv86,

Godowns, etc.

H.K & K. Wharvos.

Providents (ok)....

Do.

Leo cts.

(DOW)

$32.86 11.5 W. Docks

$168

$6.90

1011

5002)

$112

18.10

160

Shangosi Docka S.

New Engiaverings .

Lands, Hotels, and

Bui dings

H.K. Hotels

Lands..........

Do. 4% Debentures Shanghai Lauda... 8. Metropolitan Lands.. H.K. realties......... Chim Doe ande Do. Debenturess. Hudphreys ketass Chunene Estates

Colton Mills

$13.80] Ewo

S'tin: Coltons(uld19:

$90

$1.60 10 cha

!!! 141:⠀⠀⠀

$14

$50

834 Jeu

$100

(new.

$34

Zoong Sings

$80

Wing Un Textiles(8.}}

Ewe Cotton Rts. S.

Paste Uitdem

$14.60 Tratoways

$144

Post Trams (old) .......)

Da (new)... $

186

Star Ferries an

$47

Yanati Forries...

| $13,90) Uhirs Lights (old).......

113.70

+184

$149

Do. (now)...

H.K. Electrica.....

Macso do

Saudaran Lights ....

$29.00 Telephones (old)...

1.1.60

Do. (now)...

$124 China Buses.....S.)

24/-

Tractionar

Do. (prof.)....

Industrials

Canton Ices

$15.10 Cementa

Bope

$5,05

Miscellaneous

Dairy Farzda dərin

Constructions, (old) $1.60

Do.

$16

817

Caldbeck, Lord.) 8.

Macgregors (pref.)8.

Sinceres

Watsons.....écor P-10.

***

MESSRS. ROZA BROS.

Saturday, Aug. 28. Silver prices were substantially lower yesterday to the extent "of 3/8 for Ready and Forward, the quotations being 191 for both de- Everies. Silver advices reported India and China as having sold. Speculators operated both ways, $85 American Trade bought. After 527

the official fixing American trade $13

Indian buyers but $13.30 were again

de- speculators sold for forward 5501

livery at 1/8 under the quoted rate, American Sulver was quoted at 413 129.40 for Spot. #1:30

C4%

***

515 $5.20

$261

15.30

Ch. Ftainment........

$261 $4.80

38.00

Lans Crawford.....

(now)50 sta

Nanyang Tobacco..

$8,60 $0.80

$5.40

$5.35

877.

S. C. Enterprises... CLO.5219230. Bda

Hig

pro. 81%

HE. Gora 4%

$100

prem

Do.. 31%

་བས

$102

$85

2100 $4,30

44 ota

$60

40 cts

Wallace Harper

FLK Wing Oo

Vibro Piling

24 Maramans Ir v. (Lon,

(HK)

Wa Towel

*Sales to Shanghai

EXCHANGE RATES

(British Wireless Service)

LONDON

Paris Geneva

Berlin

The London/New York cross- New rate was lower at 497.35. York London was quoted at 4977

MAILKET

Quietly steady.

STERLING

A small business was done at 1/3 for September delivery. The market closed with small sellers at 1/3 August and 1/2 31/32 Sep- tenber/December, buyers at 1/3 1/32 August/September and 1/3

October/December.

U.S. DOLLARS No transactions were reported. There were sellers at 31 1/18 August/September and 31 October, buyers at 31 3/16 August and 31 September/October.

SHANGHAI DOLLARS Nominal at 103.

SHANGHAI MARKET

There were sellers of Sterling for cash at 1/2 15/32, buyers at 1/24. US Dollars, sellers at 30, buyers at 30 1/16 for Cash.

MANILA MINING

Hong Kong. Aug. 23. Extra Manila closing quotations figures kindly supplied by Messrs. Ellis and Edgar.

Angelo

Dulong

Gold Creek

Ipo Gold

Gold River

PHILIPPINE MINING

NEWS

Lepanto Consolidated Mining; The mine will be ready for pro- Company has an ore reserve of duction at the same time as the

mili approximately 1,000,000 tons," re-

cent reports from the company It will probably take around a state. This huge ore reserve aver-month to break the mill in, the ages between two and three per- report stated, during which time cent, copper plus $1.35 in gold (present price). Lepanto is being managed by Nielson and Company, Inc.

The million ton deposit is ready for mining and milling, the report to stockholders sald, and there is an excellent chance of developing considerably more ore as mining operations proceed.

only one ball mill will be ran. The plant contains three ball mills in all, two of which will be placed in operation as soon as the rests a78 run.. The third ball mill will be

placed in the circuit in the near

future.

Intensive metallurgical work has been carried on under a very com- petent metallurgist and it has been found that a concentrate of around Latest reports from the property 35 per cent copper can be pro- state that the mill is practically duced. This concentrate will also finished and will be ready to run contain .44 ounces of gold and around the latter part of the cur-eight ounces of silver per ton. rent month. The power plant is completed and is in operation,, All construction work in the mill is finished, with the exception of wiring the flotation cells and the installation of the conveyor from the Symons Cone to the mill in This report was received on August

18.

rock

The Symons Cone and crusher are erected and will be started as soon as the concrete has had sufficient time to barden.

K. STOCK EXCHANGE

SATURDAY'S

OFFICIAL QUOTATIONS

The market continued quiet Manila" recovered slightly

BUYERS

Constructions (new), 50 cts. H.K. Govt. 34% Loan, 11% Prm.

Aug. 26.

"Aug. 28.

1327

132-55/84

21.641

12.39

12.354

Douglases, $484.

Athens

Milan

941

91-7/16-

Copenhagen ...

Associated Mines

.003

Indo-Chinas (Def.), $43. į Unton Waterboats, $9.30.

Stockholm

Acoje Mining

.105

Chinese Estates, $90.

Shanghai

1/28

Peak Trams (old), $5.

New York

4.981

.003

4.96-11/16

Peak Trams (new), $24.

Amsterdam

9.021

9.001

.10

Wm. Powell, Ltd., 40 cts.

.13

Vienna

Constructions (old), $1.60.

Prague.....

1428

1427

027

Madrid

Mother Lode

Lisbon

Hong Kong

Paracale Gold Salacot

why. .08

.018

Bombay

Batong Buhay.

.011

Montreal

4.082

Brussels

4.96% 29.40;

Universal Expl..

.07

Bued

ung.

Yokohama

Dayaka

.07

Belgrade

Crown Mines

.045

Monte Video

39-13/16

Mambulao

.06

RIO ........

Byndicate Invest."

.065

Tinagau

.08

191

Banta Rosa

191

19-3/18

Mine Operations

031 .10

31% 100-7/16..

Firm

1938.

Bucharest

Bilver (Forward)

kiver. (Spot) War Loan

fo Lowboar: -

Closing Quotations

August 28, 1927.

Telegraphic Transfer...

Bank Bills, on demand 197

Oredits, four months'

Light

On Demanad

ON NEW YORK:-

Bank Billa, on demand 301 Credits, 60 days', night. 31f

ON BATATIA

Ou demand........................... 55 1/18 One PARIS:-

Bank Bills, on demand 829 Oradita, 4 month'a aight 873 On 84100

1/2

QU BHANGRA K 5 -----

102

On demand

On Singaporn:-

On demand

...... 12

ON MANILA,

On demand

Он Ванско: -

On demand

HAR SILVER, per on.

On JAPÁN C

On demand. ut giv

Talegraphie Traliador Baak, op denand.

Git

149

***.1/31/18.

SOVEREIGNS Bank Baying

LEIPZIG AUTUMN

FAIR

Leipzig, Aug. 28.

So far, 350 foreign firms from twenty countries have announced their intention of taking part in the next Leipzig Autumn Fair.

This number far exceeds that

GERMAN TAX RECEIPTS

Berlin, Aug. 28.. Receipts from taxation in Ger-

A very favourable trucking con- tract has been let for the transpor- tation of the concentrates from the mine to San Fernando, La Union, where it will be loaded into ships.

The copper market is very strong and the last quotation received was $149 or P 298 per pound for electrolytic spot. Purchasing agents are in Manila ready to pay cash for all copper delivered as the red metal is in great demand.

San Fran-

cisco

Lumpur Shanghai London Singapore

Dairen Lyons Sourabaya

Malacos Sungei

Foochow

Hackow (Johare) Tokyo Harbin Mukden Tsingtas Kongkow

New York Yokohama

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

Also up to date Safe Deposit Boxes in various sizes To Let

Hong Kong, 12th 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 BANKING CORPORATION."

V. M. GRAYBURN,

Chief Manager. Hong Kong, 1st March, 1997.

BANK OF EAST ASIA, LIMITED.

Authorised Capital ...$10,000,000.00 Paid-up Capital

5,598,600.00 Reserve and Undivided:

Profits

2,776,798.76

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

Board of Directors:---

Bir Shouson Chow, Chairman

HARKIN

(Peking) NDANDA HENANG

TÙNG TONG LAYEDON

FOREIGN EXCHANGE and General Banking Business transacted."

CURRENT ACCOUNTS opened and FIXED DEPOstra received for Que Year or shorter periods at rates which will be quoted on applica tion.

The Bank's Head Office in Lon don undertakes Executor & Trusten business, and claims recovery of British Income Tax overpaid; en terma which may be ascertaineċi at any of the Agencia nod Branches.

R. W. ROBERTS,

Manager.

·THE CHASE BANK

15, QUEEN'S ROAD CENTRAL

HEAD OFFICE:

18, PIE 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, NIW York, with Besources over U.8. $2,500,000,000..

D. M. BIGGAB,

Manager.

THE YOKOHAMA SPECIE BANK

LIMITED

Capital (fully paid up).

Yen 100,000,000.00 Reserve Fund... Yen 132,650,000.00

HEAD OFFICE:—YOKOHAMA

BRANCHES AND AGENCIES AT " Alexandria Honolulu Rangoon

Hsinking Bio do Karachi

Li Koon Chun, Esq. Li Lan Bang, Eeq. Bangkok P. K. Kwok, Esq. WongChaSon, Kaq. | Batavia Wong YunTong, Esq. Kan Ying Po, Esq. Berlin

Bombay Esa Calcutta

Esq.

Germany To Far East Chan Ching Shek FungPing Wah,

In Three Days

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

Dalcutta

Branches and Agencies;—

Kawloon Penang Bourahays London

Canton

Kobe

Janeiro San London Francisco Los Angeles Seattle Manila Semarang

Dairen Moji

Shanghai.

(Dalny) Nagasaki Singapore Fengtian Nagoya Sograbsys

(Mukden) New York Sydney

Hamburg Osaka

Bankow Otaru

Amoy

Habarin

Bombay

Racoon Manlia Baigan

Bwałow

Sydary

HNphony Backow Honelaly Parl Koba

Halbooru Bad Fan Xagnesi New York Seacle

Talbota

Harbin

Paris

Tiedz

Tokyo

Hong KongPeiping

Bemarangi Vancomer

Piping

Shanghai Yokohama

• вкарам

لمون

Tientsin

Tokyo

Tsingtao

Yinkow

Interest allowed on Current A-

Berlin, Aug. 28. Aeronautical circles here express great satisfaction at the successful flight of a Junkers Ju 52; to which suse was assigned the difficult task of reconnoltring a possible air route from Germany to the Far East.

Fixed Deposits received for It is stated that the German

Every description of Banking Periods at rates to be obtained on Lufthansa, which owns the ma- and Exchange business transacted, application,

granted chine, hope to establish a regular Loans

00 approved

Y. KANO,

Manager. air service via the Pamir Moun-securities. tairs by means of which the dis-

Accounts opened in Hong Kong, 10th March, 1937. tance of some 12,000 kilometers Local Currency and Fixed De from Berlin to Shanghai may be posits received for one year or shorter perioda in Local and covered in from 45 to 40 Aging Foreign Currencies on terms which hours, which would be half the will be quoted on application. time now needed by European air

Safe Deposit Boxes To' Let. ́*•. transport companies for flights to

KAN TONG PO, the Far East.

Chief Manager.

Current

GAS MASKS

London, Aug. 28. Very satisfactory progress is be-

DREDGING OF THE THAMES

London, Aug. 28.

The annual report of the Port of London Authority was issued to-day.

The report stated that dredging of the Thames, though, costly, 19 nevertheless worth while, as it permits the berthing of small

ing made with the Government's craft which are able to deliver

organisation for the distribution of

The route followed by the Lufthansa's plane runs via Syria. Iran and the Pamirs to Shanghai, The diacuty in establishing an air mail service along this route resided in the withholding. by the Governments concerned of au- many from April to July this year thorisation to v over their coun- totalled 4,240,300,000 reichsmarks, tries

perishable goods to London mar- according to an official statement, This obstacle, according to well the approved type of gas maskskets even at low tide. compared with

If this was impossible, extra · 3.528,500,000, informed quarters, has now been which are now being manufactured reichsmarks, in the same period of overcome, and Syris, Iraq, Iran at the rate of about half a million docks and warehouses would have and Afghanistan have granted the weekly. Twelve qut of 13 storage heavy costs for the Port of Lon- to be built, which would incur necessary authorisation-

depots to be established throughout

don frangpesan Newa Seresie.

the country have already been selected and in the London area, storage has begun. British Wirelen,

The increase is considered in business circles as an indication of the Improved economic conditions of the Reich,-- Transocean News Service...

FRENCH DRAFT BUDGET

Paris, August 28.

at last year's Autumn Fair, and A Council of Ministers adopted may be regarded as further a draft budget to-day for 1938 evidence of economic progress which, according to a communique, comprises the sincere balancing throughout the world

of revenue expenditure -Reuter. Transocean News Service,

SUEZ CANAL

Paris, August 28;

It is stated to-day at the meet- ing of the Board of Directors of the Suez Canal Company that the first six months' trame in the Canal constituted a record for many years, and 15.6 per cent higher than the first six months of the last year- Kleuter.

JERUSALEM STRIKE

Jerusalem, Aug. 28. Over 2,000 cuad workers and others employed in public works have gone out on strike.

Themen, all of whom are Arabs, are demanding higher wages.-"

Transscous News Bervion

Reuter.

RADIO EXHIBITION

London, August 284 Orders totalling £6,000,000 was made to the closing Radio Exhibi tion at Olympia to-day. Most visitors spent much time in the television section and were most interested in the latest develop- |ment-- Reuter

1937-08-30 — Page 12

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