12
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Gayove |Bellzon
Sharebrokers'
Association
TUESDAY.
„Ramilna),
Sayeen
zuilena
damina
SEPT. 7.
Bank
$1,800
t.K. Banks
Do. (London) ...... 2134 Chartered Banks...
Marcantile Bkes "A"
Do.
N. C. & S. Barks ...
9431
£10
Bank of East Asia.......
HONG KONG DAILY PRESS,
THE EXCHANGE
MARKET
MESSRS. ROZA BROS
WEDNESDAY, SEPTEMBER 8, 1937.
PHILIPPINE MINING
NEWS
chairman of the executive board, with Benito Moras, H. Gasser, and A. P. Deen as members. R. W.
THE PREMIER MINERAL EX- ploration Association with maln Sliver prices were unchanged offices in Cebu. Cebu, has paid a over the week-end, the quotations
25 per cent cash dividehd to stramier is the general superinten unitholders. During the past six dent of the Premiere properties $1,670 remaining at 19 13/16 for both
and operations in Surigao. The Ready and Forward. Silver ad-months the association has been
Premiere Mineral Association has vices reported America as having active in engaging in general min-
ing business, exploratión, prospect- a branch office at 18 Escolta, bought. India and, speculators
ing and developing, financing and Manila. sold. The market closed steady.
caking over for operation promis- After the official fixing the market
wereing properties in the provinces of Was featureless. There buyers, possibly including Ameri- Surigao, Leyte, and Cebu. The properties in cs, at the fixed rate but no sellers.nancing The New York market was closed Leyte turned out to be very pro-
Atable and the Association yesterday.
able to pay a cash dividend from the participation in the profit of the sale of one of its properties In Leyte. Dr. Emilio Osmeña is | clusive.
The London-New York cross- rate was quoted at 498:
8138 £33
ទេ
190
***
Insurances
1300
Canton lusa..
L
$297,
1610
Union Insurances ....
$800
12
Underwriter
13
$180
H.K. Firs
#280
.83.
International Assçu, 3.)
shipping
#48)
Dougbin
1481
14
18+
Steambus
$81
Indo-China (prof.)
261
$43
Du. (def.)
Steady.
140
tus/-
Sheil-
103/-
10.30
Waterl
19.30
-Alining
16/3
Kaitwas
16/-
#11
Raub
311.45
"A
Venezuein Gold Elds. #4.30
Decks, Wharves,
Godowns, etc.
$120.
160 ctl.)
H.K. & K. Wharves.
Providents (okli -
Do [(new)}
$32.85 H.K. & W. Docks $18 Shangnai Dock. S
New Engianerings H. Lands, Hotels, zod
$3}
1
$119
19.10
160 ola
3324 $106
13
1102
But dings
$6.90
H.K. Hotels
$6.85
131)
H.K Land..........
135
31028
Do. 4% Debentures
Shanglini Landa...S.
ST
Metropolitan Lands..
18.10
H.K, Celtic
Chinn Do...............
360
Do. Deixenturess.
39
Humphreys es
Clanca Estates
Cotton Mills
$13.80 wo
Star Cottonsfuld;S.
Ik
Zong Sing
Wing On Textilos(N.)]
(now.
85.30
im
MARKET
STERLING
Business was done during the course of the morning at 1/3-1/32. for cash. The market closed at
of its
ASSOCIATED MINES, INC., has called a special meeting of stock- holders for September 14, for the election of the members of the board W3S
of directors and, for the transaction of any other business. The books of the company will be closed from September 9 to 14, in-
HOW TO SHAVE | VETERÁN OF AN
1 p.m. with sellers at 1/3 Septem- 4 Years' Research In
ber. 1/2 31/32 October-December. 1/3 1/32 Cash-October and 1/3 November-December.
U.S. DOLLARS
Business was done at 31 1/16 for cash and 31 October. The market closed at pm, with sellers at 91 September. 30 15/18 October and 30 7/8 November-December. buyers at 1/16 higher respectively.
SHANGHAI MARKET Nominal at 104 1/4.
SHANGHAI DOLLARS Early advices reported sellers of Sterling for Spot at 1/2 5/16, buyers at 1/2 11/32. U.S. Dollars, sellers at 29 9/16, buyers at 29.8/8 advfees Spot. Quiet. Later Indicated the market as being steadier with sellers at 1/2 23/64 for Spot, buyers at 1/2 25/64. U.S. Dollars, sellers at 29 11/16, buyers
for
$14
$90
334
at 29 3/4 for Spot..
149
$100
34
18.
Ewo Cotton Rts, S.
Public Utilities
$14.60 Tramway
$14
Peak Trams (vld) ... "35
Do. (Dow... 12
186
Star Pernios ******
$86
197
Yanizali Ferries....
327
$13,90 Chius Lights (old).....|
$13.70
Do.
(aBw)..
160
318
H.K. ElectroOM.... ............** Macno do.
1:40
5:1,50
4.
241-
B
$17
Sandakan Lights
$28.60 Telephotos jold) ...
Do. (465)
Chitus Buon
Tractions
Do. (prof.)..
Industrials
Caldbeck, Lord.) §.
Macgregors ftprof.18.
Csaton Iceя
$13.10 Demonts
Hopes.......
Miscellaneous
Dairy Farms .....
Constructions, (ald) $1.60
Do.
35.05
****
IN THE AFTERNOON,
ப்
“Pogotomy"
A
The man who tries to shave with a blunt razor probably does not. realise that he is violating the principles of the art of pogotomy. but that is just what be is doing. Doctors Lester Hollander and E. J. Casselman have been investiga- ting the foundations of the art. It took them four years with a team of 15 trained researchers, and the results of their labours have just been published in the Journal of the American Medical' Association.
Here is one of their experiments.
Take a halr-one from your head will do. If you haven't a flowing beard,
Soak it and hang it up by one end with a 16 kilogramme weight (about 35 pounds) tied to the other
The market was quiet in the If it stretches 43 per cent. of its
afternoon.
STERLING
The market closed with sellers at 1/3 September and 1/2 31/32 October December, buyers at 1/3 7134
-1/3 Cash-October 113.30 1/32
159) November-December.
***
129.40
and
U.S. DOLLARS The market closed with sellers 1.30 at 31 September. 30 15/18 October and 30 7/8 November-December,, buyers at 31 1/16 September, 31 October and 30 15/16 November- December,
H. K. STOCK EXCHANGE
15
$6.90
$261
'5.20
Ch. Etainmouth......
5263 $4.80
$1.60 $1,00
Call paid
10.05
Lane Crawfords......
new 50 cta.
YESTERDAY'S
45,00
Nanyang Tobacco...
$8.80
$2.80
Sinceros
#at
$0.40
Watsons
$5.35
S. C. Enterprises ...
$1
87
Ch.G.6z18250. Bd
90%
prea. 83%
*
prem
Do.
36%
Wallace Harper
£50)
H.K Wing Oo
Shal
5.0
40
HK. Gort. Lane $1084
Da Vibro Pling
23/9 Maramans Ir v. (Lon.)|
(ILK.)
Wm. Powella
$101
•Babes to Shenghai
LONDON EXCHANGE RATES
(British Wireless Service)
Sept. 132-55/64 21.601
12.351
Sept. 8. 182-59/64 21.691 12.35
94-5/16
941
Paris
Generacques
Berlin
Athens
*Milan
Copenhagen
Stockholm
Shanghai
New York
4961
1/21 4.96-1/16
Amsterdam
8.994
8.991
Vienna
Prague
142}
142
Madrid
Lisbon
110-3/16
Hong Kong
Bombay
Montreal
4.901
29.46
Yokohama
Belgrade
216
Monte Video
Rio
Bucharest
Bilver (Forward)
Brussels
Silver (Spot)
War Loan
Pa LONDON:-
192
192
34% 100-5/16"
Closing Quotations
September 7, 1937.
Telegraphio Transfer... Bank Bills, on demand Credita, four months'
wight
ON SHANGHAI:---
On Demand
ON SINGAPORE:~~~
4.98-1/18 29.41
19-13/16 19-13/16 31% 1001
OFFICIAL QUOTATIONS
Though nervous as a result of political developments over the week-end, the market did not take *05 any marked line, rather continu- $100 ing to be quiet, with turnover at a $4.00
minimum,
140 ota.
OF NEW YORK:—
Bank Bills, on demand 3011/16 Credits, 60 days' sight. 31 3/16 ON BATAVIA
On demand ON PARIS:-
Bank Bills, on demand 822 Credits, month's sight 670
1/2{
··103-
ON "BAIGON:
On démand
ON MANILA
On damand
Oja Bangkok:—
106
On demand.....
On demand............ 621
On JAPAN
On demand
Telegraphic Transfer...} 83
ca
62
1496 Hovedfunt." "Bank Buying
Batu
I/31/168⋅ BAR SILVER, phe car canals 19 12/1
BUYERS Douglases, $483:
Indo-Chinas (Def.). $43, Union Waterboats, $9.30. Chinese Estates, $90. Peak Trams (Old), $5. Peak Trams (New), $2). Wm. Powell, Ltd., 40 cta. Constructions (Old), $1,60. Constructions (New), $1
pair.
Call
H.K. Govt. 31%% Loan, 11% Prem.
SELLERS Maramans (H.K.), 5/6
STORY OF GOLD
FIRE IN
original length, it has soaked long enough,
To shave pr erly, the doctors found out, a man should leave his beard for 180 seconds in water ät a temperature of 120 degrees Fahrenheit.
AIR FLEET
11
BANKS
HONG KONG AND SHANGHAI | THE CHARTERED BANK OF INDIA
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
£8,500,000
AUSTRALIA AND CHINA In-porated by Royal Charter 1883-
HEAD OFFICE: LONDON: 38. Bishopsgate E.C.2.
$10,000,000 | Paid-up Capital.
Reserve Fund...... $20,000,000 Reserve Liability of Pros
Head Office: HONG KONG
Board of Directors. G. Miskin, Esq.,
Hon. Mr. M. T. Johnson,
Chairman.
Deputy Chairman.
J. K. Bousfield, Esq., A. H. Compton, Esq., 'S. H. Dodwell, Eş,
J. R. Masson, Esq.
K. S. Morrison, Esq..
T. E. Pearce, Esq.,
Hon. Mr. J. J. Paterson;"
A. L. Shields, Esq.,
Sir Vandelaur. M. Graybarn,
A Busman's Holiday A
For Heracles Batavia
prietors.......
£3.000.000 £3.000.000
£3.000.000
MANCHESTER BRANCH: 71, Mosley Street, Manchester,
1101 AGENCIES AND BRANCHES: ALOH STAR ALOILO
SAIGOM AMRITSAR IPH
HABANG
BANGKOK BATAVIA BOMBAY CALCUTTA CANTOM CAWNPONE
KLANG
"KARACHI
BEREMBAN
BRINOMAI
SINGAPORE
SITIAWAN
SOURABAYA
· Kong KUALA
LUMPUR
KUCHING *TAIPING
MADRAB
·COLOMBO DIZAI HAIPHONG
"MANILA..
TOKGKAN
MEDAN
(Bhuket)
NEW YORK
TSINGTAO
PRIPING
Chief Manager. BAMBUSO
San Fran-
cisco
Branches:-
Haika
Peiping
Bangkok
Ipoh
Penang
Johore
Ranguoa
Bombay Calcutta
Kobe
Saigon
Kowloon Kuala
Foochow Haiphong Hamburg
Lumpur Shanghai London Singapore Lyone Sourabaya Maiacon Sungei
Patani Manila
Tientsia Muar
(Jobore) Tokyo
Mukden
The air liner is supposed to have | Canton had its day and become obsolete Chefoo within four or five years; recently" Colombo one of the old ladies of the Im- Dairon perial Airways fleet completed a total of 1,000,000 miles with a short and rather skittish flight Hanko over the clouds and over the Chan-Harbin nel. She carried an assembly of Hongkow people who had helped to bulld her, to pay for her, to pass judg-' ment on her and to operate her.
These celebrated her long and staid life by taking luncheon in
the air and
toasting this by Veteran of the Royal Mall feet, the air liner Heracles, as she flew her millionth mile. writes a Home correspondent.
This was merely an interlude in a long and sober term of service.
A quarter of an hour after she had set is gently on the ground at Croydon, Heracles was back on the concrete apron, loading passengers for Paris, her sliver body gleaming
in
the sunshine which we had climbed 8,000ft. to find, as though she had not weathered the ice and
Civilised men, these observant Investigators report. prefer to soak their beards by applying a lather or shaving cream, instead of im- mersing the whole bewhiskered fog of six winters. Some who
area.
Many other pogotomical facts were established in the labora- tory at the University of Pitts- burg, where the 25 devoted work- ers laboured. soaking, measuring,
and suffering.
APPOINTMENTS TO ...
ROYAL HOUSEHOLD
Six appointments to the King's Household were announced recent- ly:-
, 、 .
―
made the first flight to Paris in the first of her fellows to come out of the Handley Page works in the summer of 1931 were not ashamed of the approval they gave to what seemed then and still seems the most comfortable of all the liners which have gone into service. Heracles and her like, it may be said, were never fast young things and they are not yet dowdy old things.
80,000 PASSENGERS
Taingtao
New York Yokohama
Accounts
ia
Current
opened Local Currency and Fixed Deposits received for one year or shorter Local Currency and periods in
Sterling on terms which will be quoted on application. Boxes in various sizes To Let.
Also up to date Safe Deposit
.
Hong Kong, 12th May, 1937.
HONG KONG SAVINGS BANK
THE Business of the abova
BANKCW.. BARIN
(Peking) PENANO
HONG KONG BANGOON
TOKOHAMA ADAMGA
FOREIGN EXCHANGE and General Banking. Business transacted.
CURREST ACCOUNTs opened and FLIED DEPOSITS received for One Year or shorter periods at rates which will be quoted on applica tion...
The Bank's Head Office in Lon- doo undertakes Executor & Trustee business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained. al any of the Agencies and Branches.
EW. ROBERTS,
Manager.
THE CHASE BANK
15, QUEEN'S ROAD CENTRAL
HEAD OFFICE:
18, PINE STEKET,
NEW YORK.
conducted by the An American Bank offering com plete Foreign Banking Service In the principal Markets of the world. interest Rates on Application.
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, 1937.
BANK OF EAST ASIA, LIMITED.
SAFE DEPOSIT BOXES
This" Bank is entirely owned by THE CHASE NATIONAL BANK, NIW York, with Resources over US. $2,500,000,000,
D. M. BIGGAR,
Manager.
5,598,800.00 THE YOKOHAMA SPECIE BANK
2,776,726.76
Authorised Capital $10,000,000,00 Paid-up Capital Reserve and Undivided
Profits
"HEAD OFFICE:-Hoya Kond No. 10, Des Voeux Road, Central,
Board of Directora:—
Sir Shouson Chow, Chairman
Li Koon Chan, Esq. Li Lan Sang, Esq.
LIMITED
Capital (fully paid up)
Reserve Fund
*' ון
Ten 100,000,000 00 Yen 132,850,000.00
HEAD OFFICE:-YOKOHAMA
BRANOLA AND AGENCIES ATH
K. Kwak, Esq. Wong ChuSon, Esq. Alexandris Honolulu Bangoon Wong Yun Tong, raq. Kan Ying Po, Esq. Cban Ching Shok, ang Ping Wah,
Eng.
Kan Tong Po, Esq. Chief Manager, Li Tse Fong, Esq., Manager,
Britis
Branches and Agencies:-
Bangkok Hainking Bio do
Berlin Kobe
Batavia Karachi
Bombay
Janeiro 8கD
Francised
Calcutta
Canton Dairen
London
Los Angeles Seattle.
Manila Semarang Moji
Shanghai
(Dalny) Nagasaki Singapore Nagoya Soerabaja
Fengtien
Some 30,000 passengers, who have travelled in her on the Paris, Brussels, Cologne, and Zürich Grooms-in-Walting Captain routes, may have found a similar Richard John Streatfelld. Briga-confidence in and affection for dier-General. George Camborne her. The little trip, in celebration. of a nice round figure, reproduced "Beauclerk Paynter.
sira cameo of her daily round. Hay
ing waited beneath low clouds until the control room had secured a clear path for her, Heracles elm-
Amoy bed up through them and set a course over the sunlit carpet of Bombay their snowy tops to bring her into cute. mid-Channel, while the stewards served a meal and alled the glasses for the toast. Having had her little ning, she turned down-wind
Every description of Banking for home, casting the rainbow and Exchange business transacted. counts.
Deposita received for Fixed approved Periods at rates to be obtained on
Y. KANO,
Manager. Hong Kong, 10th March, 1937
Groom-in-Waiting Extri Frank Herbert Mitchell.
Extra Equerries-Major Sir John Renton Aird, Lieutenant the Hon- William Coke, ourable Thomas Captain Richard John Streatfelld. The following promotion in and appointment to the King's Body Guard of the Yeomen of the Guard were also announced:
Lieutenant-Colonel Edward Bos- cawen Frederick, Ensign;
Lieutenant-Colonel Ralph Char- les Bingham, Exon.
..
FOUND AFTER
MINE
35,000 SHARES
Calodhia
Halphony flashow Bonolulu Kobe
Kowloon
Penang
Loudon
Bauroon
Xantia
Salgor
Boursbeys Bwatow Sydney
Malboros van Fran Xagmati
deco Tiental Yew York Jamclin” Tokyo
Talboku
Paria Perpiny
Vsaka Bemarang) Vanoouver Bbangba Yokotams
shadow of herself on to the insub- Loans granted
stantial stuff below her, and final-securities.
shorter periods in Local and Foreign Currencies on terms which will be quoted on application.
Safe Deposit Boxes To Let
KAN TONG PO,
Chief Manager.
· British Coal
(Mukden) New York Bydney Hamburg Osaka
Tientsin
Hankow Otary Tokyo Harbin Paris Tsingtao
Hong KongPeiping Tinkow
Interest allowed on Current Ac-.
CARGO FOR HONG KONG
Hamburg, Sept. 6. Thẻ hend omces of the Hamburg Americs Line (HAPAG) state that several of their ships, with cargo for Shanghal, have been directed to unload at Hong Kong- Transcc News Service.
Current The Queen has appointed Cap-ly cooling her heels among the
Accounts
application. opened in clouds until the control room at Local Currency and Fixed Do tain Richard John Streatfield to be
Croydon could announce a clear posita received for one year or her Private Secretary.
path for her down through the 4,000ft, bark of them.1 ser
The thousands of people who have watched the lovely clouds- capes from her windows, have cheered themselves with good food at her tables, have talked in her quiet saloons or slept in her soft seats may like to think of this little busman's holiday for the old lady of the fleet, with Captain F. Dismore, one of the oldest pilots. the saloons like Samuel Instone, at the controls, and with guests in
who as a director saw her go into service; Mr. James Hamilton, who as works manager saw her built; Group Captain G. R. B. Maycock, who has Jealously watched her to France. - career on behalf of the Handley Representatives of the British Page Company and a number of Government and British coal Imperial Airway officials who ownch have recently met in Paris know best of all what the and her to negotiate but it appears that a kind have meant th públic satis- deadlock has been encountered faction and in revenue.
though it is hoped that a satisfac- tory agreement, may be. teached eventually
An ex-Shanghai police inspector ! who, It is alleged, parted with He said he wanted to see a man £7500 for shares in a fictitious named Turner who possessed Canadian gold mine gave evidence | 35,000 of these shares, Turner was, at the London Sessions recently. In fact, the other accused, George
In the dock were George Bishop, Bishop. aged 35, described as of no oc- cupation, and Charles Bishop, aged 29, independent. They plead ed not guilty to obtaining £7500 from ex-Inspector. "Charles Mills by false pretences and to a second charge of conspiring to defraud
Mr. Mills..
Mr. G. G. Raphael, prosecuting. said Mr. Mills was first approach- ed in August 1936 in Edinburgh by Charles Bishop, who gave the name of James Edward Barton,
A third conspirator, a man who gave the name of Durante, then arrived and said he was buying these shares on behalf of a firm of New York brokers. George Bishop was seen by Charics Bishop and Mills at the Dorchester Hotel, and eventually agreed to sell 15,000 shares at 10s. each.
Mills agreed to put up the money, and the £7500 was drawn by Mills in, £100 notes.
Mr. Mills, in the witness-box,
He became friendly-with-Mr-and-sald he had lost all his money. He Mrs. Mills and their 21-year-old had £800 in a joint stock account with his wife, and even that was daughter Barbara. ·
In December Charles Bishop told used to make up the $7800 he Milfs he was in this country to had paid over. purchase all the shares he couldBartan told him, added witness, In the United Porcupine Gold that there had been a are in the Mine Incorporated, of Ontario, gold mine and it was closed down. While it was closed an examina- 'Canada.
ton revealed the strong yein of sold. The object was to buy up all the shares that were in, cir: culation without the shareholders being in any way aware of what they were doing
There were some of these shares In England, Edinburgh, Copen- hagen and Paris,
Negotiations For Increase Of Exports To France
with the advent of a new French Government renewed at- tempth have been made to reach a settlement with regard to an in- crease in the British coal exports
IN WIRELESS TOUCH
The following ships are expect- ed to be in wireless commurilca- tion with Hong Kong Radio:
Sphinx, Capella, Kitán! Maru. President Van Buren, Hakolaki
Maru, Thistle Glen, Rampura, Hakone Maru, Neptuna, Norviken, Pegasus, Chengtu, Nanchang, Pre- eldent; Grant;; Haldis;-- Wilford, Tinegara and Hartlepool
According to the Anglo-French Trade Agreement, of 1934 France agreed, as allow Britain to import with regard to imports France is 43 per cent. öf "the" tåtal import | wikling that British coal xporters from the opuntries A should guarantee to sell to France · subsements the French Importat prices which are not above system was altered and at the those demanded in other markets. present moment the percentage is For various reasons it has not been found possible to accede to well below this figure.
this demand.
But in return for concessions
2
No comments yet.
Private notes are available after approval.