1937-09-10 — Page 12

12

Sharebrokers'

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

THURSDAY. SEPT. V.

Association

Noemtha

Cust

Saltars

$1,870

Banks

$1,650 H.K. Banks

Do. (Loaden) ...

813)

Chartered Banks

£331

Mercantile 1ks "A"

EIM

Do.

*O*

206 £13) £33) 815

Hank of East Asia...

M. C. & S. Barks.

121

Insurfaces

$300

Canton Lusara vode.

3810

Union Lasurando..

8397 $800

12

Underwriters

19

$280

H.K. Fires*****

$980

$.T

Interaational Asses.

Shipping

-3481

Douglases

$481

38,

Stanini wats •

51

tude-binas (prel)

$43

Do,

(def.)

1010

Sheet......

18 351 149 161/3

$0.30

Wauhoata

$1,30

Mining

15/8

Kailans

#IT

*5

Venezaria Gold Fldu. | $4.30

Docks, Wharre,

Godowns, etc.

3180

H.K. & K. Wharves,

3119 12.20

60 ct.

(new)

50 OLS

$32,8

"U.K. & W. Docks

$320

$108

$31

Now Engineering, di.j

Shangnal Docks "5."

$106

$3

Lands, Hotels, mad

$6.90 1311

07

-0.10

FOU

$

Pro›ulents (ok) ...

$13.80

Bui dings

H.K. Hote

H.K Landa.......... D. 47% Debentures Shanghai Lande,...N.

Metropolitan Lands.. 1.K.......... Chiun Du$. B. Bebentures. Humphreys ... "Chincas Eta 3 emot

Cotton Milis

8

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

$100 Shai Catousfold)S.

$13.00 China Lights (old)...

!

HONG KONG DAILY PRESS, FRIDAY, SEPTEMBER 10, 1937.

THE EXCHANGE

MARKET

MESSRS ROZA BROS

PHILIPPINE MINING

NEWS

East Mindanao Mining Company treated 3,300 tons of ore during August and recovered P18,000 worth of gold.

Antamok Goldheids recovered P434.772 from 22.142 tons of ore milled during August, the Manila office of the Soriano interests an nounced recently. solidated treated 57,529 tons of ore and produced P254.415.

Masbate Con-

Hong Kong, Sept. 9.. The price for Sliver was un- changed yesterday but the For- ward rate dropped 1/16. the quotations being 19 15/16 and 19 7/8 respectively. Silver advices reported India as having bought. Speculators sold. A small busi- ness was done. The market was

Bagulo Gold's August pruduction. quiet. After the official fixing the

was P109.920.80, from 5,816 tons of Spot market was easter. Ameri-ore treated, P. A. Meyer, president can Silver was quoted at 44 3/4 for Spot.

The London-New York cross- rate was quoted at 495.25. New York-London was quoted at 495.- 3/18.

MARKET

the

Opened with Indications of 15/6

easiness but subsequently $11.45 market appeared a shade steadier

$6.60 $35

$102

83.90

19

STERLING

Business was done shortly after the opening at 1/3 for Cash and September. The market closed at

1 pm with sellers at 1/3 Septem-

reported.

Union Minės stockholders have recently received a report on the progress made on the property by Marsman and Company. The re- port covers work done for the month of July.

A total of 14.595 feet of prospect trails was completed during the

AUSTRALIAN PROSPERITY

ber and probably October and 1/2 Industrial Activity In

31/32 November-December, buyers

at 1/3 1/32 Cash-October and 1/3 November-December.

U.S. DOLLARS

New South Wales

Canberra, Sept. 9. Detalls of Industrial prosperity In Australia were given by the New South Wales Premier, Me.

month, according to the report The total footage of prospect trails to date is 18.115 feet.

• During the month six new out- crops were discovered.. Ten out- crops were carefully sampled dur ing the month and the samples have been forwarded to the Itogon Mining Company. As yet returns and descriptions on same are not available.

One labourer's house and one foreman's house have been com - pictea.

The labourers are working quite No difficulty regularly at preserit

is being experienced along these lines. The issuing of rice rations and the establishment of com- missary facilities in the camp have greatly improved labour conditions the report also stated.

REFUGEE TRAIN BOMBED

Terrible Japanese Atrocity

i

Shanghai, Sept. 8. The foreign and Chinese com- munities in Shangha! were shock- ed to-day with the news that a

Business was done during the early part of the morning at 30 15/16 for cash and later for Sep- tember delivery. 30 also done for December delivery. Stevens, speaking in the House Squadron of Japanese planes had

of Representatives.

13/16

was

The market closed at 1 p.m. with sellers at 30 15/16 for the early part of September, 30 7/8 October and 30 13/18 November and prob

Mr. Stevens said that during the past five years £2,700,000 sterling had been invested in the produc-

ably December, buyers at 1/18 ton of goods which, before then had not been made." in Australia. This gave employment to 5,000

higher respectively.

SHANGHAI DOLLARS

Nominal at 104.

SHANGHAI MARKET Early advices indicated sellers of Sterling at 1/2 11/32. buyers at 1/2 3/8. The market closed at noon with sellers at 1/2 25/64. buyers at 1/2 27/64. Steadler: U.S. Dollars, opened with sellers at 29 5/8. buyers at 29 21/32. Later the market steadied up to 20 11/16 29.40 sellers, buyers at 20 3/4. Very 3 1,30

steady.

314

$90

Do.

toewys.

34

Zug Bites.

83-1

Wing Un Textiles (3.)|

Ewo Cotton Rus. S.

Pablle Utilities

$14.00 Tranwyd ***********

$14

18

Ponk Trans (old)...) 35

Lio. Star Ferrie

(now)...] 824

$87

Yaumati Ferries...

123,70

Do.

(new)...

159

H.K. Electrice

380 327 #13 $13.30

$59

ફાઇ'

Masao do.

Lin

Sandakan Lights ....

$11.60 Do. (now)

$124

24/

$16

$17

Maogregors f(pref.)9.

Canton Ices

$15.19 Jomonts

13.05

Kup

15 16.20

1261

Dairy Farma

50

Ch. Etaimonts......

$262

54.80

1.60

Constractions, (eld) $1:00

$1.00

Do.

1007,

31

3:1.43€

Lage Crawfords......

19,60

$6,40

40 cla

prem

#

$200 Tolophones (old)

China Buses ........5.

Tractiona zime.

Do. (pref.)......

Industrial

Caldbeck, Vord.) 8.

Miscellaneous

Nahyang Tobacco....

Sinceros **** Watsons

S. C. Enterprias ....

977j0b.0.5% 19250; Bax

pren.. 87

H.8. Govt. 4% Launs)

જ

رام

Do.

Wallace l'arper

H. Wing Ou

She

Vibro Planne

23/9 Maramans ir v (Lon.)

(H.K.)

War. Powolla

t

Sales to 8hr right

LONDON EXCHANGE RATES

Paris

Geneva

Berlin

Athens

Milan

Copenhagen

Stockholm

Shanghai

(Bettiah Wireless Service)

Sept. 7

Sept. 5

132-63/64

132-61764

11.574

21.561

12.343

12.341

941

941

New York

4.95-7/16

Amsterdam

4.95-5/16 8.981%

Vienna

Prague

1411

Madrid

Lisbon

Hong Kong

Bombay

4,951

4.351

Yokohama

29.34/

29.37

Belgrade

Monte Video

Rio

Bucharest

Silver (Forward)

Montreal

Brussels

Silver (Spot)

War Loon

A โพส: --

19-15/16 19-15/16

10-15/16

31% 100-3/18

31% 100

Closing Quotations

September 1987.

Telegraphio Transfor..

On New York : ~~

Bank Bills, on demand 1/2 ON BATAVIA:-

Oredita, four months'

sight

48,90

$0.80

$21

$5.35

31

DOZ

$100

#05

$100

$4.90

144

140 ets.

IN THE AFTERNOON Market quiet in the "afternoon. There was no business passing.

U.S. DOLLARS

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

STERLING

Sellers at 30 15/16 September, 30 7/8 October and 30 13/16 November and probably December, buyers at 31 for cash, 30 15/16 Oc- tober and 30 7/8 November-De- cember.

H. K. STOCK

EXCHANGE

YESTERDAY'S

OFFICIAL

QUOTATIONS

Nervous sellers continued depress the market.

BUYERS

to

Douglases, $481. Indo-Chinas. (Def.). $43. Unlod Waterboats, $9.30. Chinese Estates, $90. Peak Trains (Old), $5. Peak Trams (New), $21. Wm. Powell, Ltd., 40 cts. Constructions (Old), $1.80. Constructions (New), $1, H.K. Govt. 31% Loan, 11% Prm.

SELLERS

HK. Lands, 4% Debentures, 1021 Marsmans (HK), 5/8

BETTER WAGES

For Casual Labour In New Zealand'

Wellington, Sept. 1. Casual workers in New Zealand

workers and there was an annual turnover of £8,500,000.

Mr Stevens added that during that period more than £11,000,000 of capital had been added to established Industries resulting in the employment of 23.000 extra workers and increased manufac- ture valued at £14,000,000. Sev- enty-five per cent, of the capital had been invested in New South Wales.- Reuter,

REICHSMARK

The

QUOTATIONS

quoted.

Berlin, Sept. 8. Reichsmark was without guarantee at:

New York. 40.135.

Paris, 1076,-.

Amsterdam. 72.73.

London, 12.33;

Par's sterling. 132.95 to 133. Paris U.S. dollars, 26.8575 Transocean News Service. 26.8625.--

AUSTRALIA'S DEFENCES

to

Great Strengthening Of Air Force'

Canberra, Sept. 9.. The Minister for Defence, speak-

mercilessly bombed a refugee train at Sungklang, killing at least 300 non-combatants And 500 others.

wounding

The outrage occurred at 12.20

o'clock yesterday afternoon" when the special train carrying over a thousand Chinese refugees was

on its way to Hangchow from Shanghai. The train had hardly pulled into the Sungklang station, about 22 miles south of Shanghai, when the bombers rained their deadly missiles or the victims.

BANKS

HONG KING AND SHANGHAI THE CHARTERED BANK OF INDIA

BANKING CORPORATION

Authorised Uspital

....... $30,000,000 Issues & Fully Paid-Up $20,000,000 Reserve Funds:-

Sterling Hong Kong Currency

Reserve Reserve Liability of

Proprietors

AUSTRALIA AND CHINA Incorporated by Royal Charter 1983,

HEAD OFFICE: LONDON: 38. Bishopsgate 5.0.2.

......£8,500,000

.$10,000,000 † Þaid-up Caßitat....

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

pristors

Head Ofee:-HONG KONG

Board of Directors. G. Miskin, Esq.,

Hon. Mr. M. T. Johnson,

Chairman.

Deputy Chairmah.

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

K. S. Morrison, Esq..

Hon. Mr. J. J. Paterson,

T. E. Pearce, Esq.,

A L. Shields, Esq.,

Sir Vandalour M. Grayburn,

Chief Manager,

Branches:- Iloilo Peiping

Amoy

Bangkok

ipoh

Batavia Bombay Calcutta Canton Chefoo Colombo Dairet

Johore

Foochow

Malacca

Haiphong Manila

Penang

Rangoon

Saigon

Kobe Kowloon San Fran- Kuala

cisco Lumpur Shanghai London Singapore Lyons

Sourabaya Sungei.

Patani

Hamburg Muar Tientsin Hakow (Johore) Tokyo Harbin Mukden "Tsingtas

New York Yokohama' Bongkew

in

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

Boxes in various sizes To Let.

Also up to date Safe Deposit Hong Kong, 19th May, 1937.. "

HONG KONG SAVINGS BANK

the above HE Business of T

Bank ie conducted by the Five of the coaches were blown HONG KONG & SHANGHAI to bits, while the ccupants were | BANKING CORPORATION. Ruleb turned into a mass of mangled may be obtained on application.. and limbless bodies."

For the Hong Kosa & SRANGBAY

BANKING CORPORATION.

The Chinese claim that the train was headed for Hangchow, and that the Japanese could not have mistaken it for a troop train. The Sungklang station was also

the badly damaged.

platform bridge and water tower being

completely demolished.--

Central News,

10,000 JAPANESE

REINFORCEMENTS Nanking, Sept. 9: According to Information from military quar- ters, another batch of 10,000 Japanese reinforcements arrived at Tangku on Monday night aboard Ave transports.

"

Two Japanese troop trains lader with men and munitions, left Tangku for an unknown destina- tion yesterday-Central Newca

JAPANESE MAKING STAND NORTH ON TSINPU RAILWAY Taiyuan, Sept. 9: After being badly cut up in the Machang- Tangkuantun area during the past few days, the Japanese main body along the Tientsin-Pukow Railway has apparently backed up to Tien- chenfu on the Grand Canal, west of Tulluchen about 22 miles south of Tientsin..

According to reports reaching ing in the House of Representa-here, a heavily reinforced Japan- tives, said the number of aircraft in the Air Force had been iri- creased to eight squadrons, and heavy nine more had to be created, giving a first line defence strength of 198 machines.

The Minister added that the aircraft carrier Albatross would be, recommissioned in order to assist the Navy and Air Force, while the battleship Adelaide had been converted into an oil burning vessel and a naval base had been established at Cockatoo Island Wireless stations had been built at "Canberra and Darwin for Air Force purposes,-

} } Reuter.

will receive higher wages, accord-

JAPANESE-LINE CUT

V. M. GRAYBURN,

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

BANK OF EAST ASIA, LIMITED.

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

£3.000.000 £3.000.000

£3.000.000

MANCHESTER BRANCH: 71, Mosley Street, Manchéster.

KARACHI

BAIGON AKWABANG

AGENCIES AND BRANCHES:

1201E0 ALUR STAR AMRITSAR IPUN DANGKOK BATAVIA BOMBAY CALCUTTA CARTON CAWNPORE

SOURADATA TAIPING

SEREMBAN

KLANG KOBE KUALA

LDUPUR

BHANGHAI

SINGAPORE

BITTAWAN

LUCHINO MAURAS

COLUMBO DELAI

MANILA

TONGEAS

MEDAN

HAIPHONG НАМБОВО

NEW YORK

TRINGTAO

PRIPING

BAYTOW

HARSIN

(Bhuket)

ΣΟΣΟΝΑΚΑ

(Peking) KAMBOANGA PENANG

HONG KONG RANGOON

FOREIGN EXCHANGE and General Banking Business transacted.

CURRENT Accobs opened and FIXED DEPOSITS received for Ons Year or shorter periods at rates which will be quoted on applica

tion.

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

R. W. ROBERTS,

Manager.

TEX CHASE, BANK

18, QUEEN'S ROAD CENTRAL

.. HEAD OFFICE:

18, PINE STREET,

NEW YORK.

An American Bank offering com

plete Foreign Banking Service to the principal Märkets of the world.

Interest Rates on Application.

SAFE DEPOSIT BOXES

This Bank is entirely owned by THE OASE NATIONAL BANK, NEW Yon, with Resources over U.S. $2,500,000,000.

"D. M. BIGGAR,

Manager.

5,698,600 00 THE YOKOHAMA SPECIE BANF

-2,770,720.70

HEAD OFFICE:-Hose Kowa No. 10, Des Voeux Road, Central.

Board of Directors :--

Bir Shouson Chow, Chairman Li Koon Chan, Esq. Li Län sang, Esy. P. K. Kwok, Esq. Wong Chuson, Eaq Wong YunTong, Esq. Kas Ying He, sq. Chan Ching Shek, Funging Wah,

Enq

LJ

Esq

Kan Tong Po, Esq., Chief Manager, Li The Fong, Esq., Manager.

AMENT

Brancha and Agencies;-

Kourtoon

LIMITED

Capital (fully paid up) Reserve Fund

Yen 100,000,000 OC Yen 132,650,000,0

HEAD OFFICE:-YOKOHAMA

BRANCHES ANL AGENCIES ATT

Alexandria Honolula Bangkok Hsinking Batavia Karachi Berlin Kobe

London

Bombay

Calcutta

Canton

Dairen

Posing

LAXOOD

Bourabaya Pwasow

Hydney

Melbourne San Fran-

Taiboku

Yaganaki

ciao

Haiphong

Now Yark

Sauskie

Tienda Tokyo

Bankow Honolulu Kobe

Venka

Parle

Peplu

Belavia. Landos

Bombay Calcotia Cantun

Matilla

Salgon

Beraarang) Vancouver Yokohama

Пароге

Bangoon

Bio do

Sao

Janeiro

リ

Franoisey

Los Angeles Seattle

Manila Semarang Moji

Shanghai

(Delay) Nagasaki Singapore Fengtien Nagoya Soerabaya

Mukden) New York Sydney

Hamburg Osaka Tientsin

Hankow

Harbin

Otaru Paris

Tokyo

Tsingtao

Hong KongPeiping Yinkow

Interest allowed on Current Ae- Every description of Banking

conata. cse force of 10,000 men advanced and Exchange business transacted,

Deposite received for Fixed Loans

On granted on Tienchenfu under cover of

approved Periods at rates to be obtained on Becurities artillery fre. Chinese

application, Current Accounta troops immediately replied and a Local Currency and Fixed De opened in

Y. KÄNO, terrine

Manager. encounter ensued, with posita received for one year or Hong Kong. 10th March, 1937. both sides losing heavily in men, shorter periode, in Local And The Chinese claim that the Foreign Currencies on terms which Japan used poison gas shells dur-will be quoted on application. ing the battle.

Safe Deposit Boxes To Let.

KAN TONG PO.

Chief Manager.

The Japanese lines are reported to be deep, backed by long range guns which are tearing up a wide area around the town. The front Hines of the two forces are report- ed to have met, and fighting at close quarters is going on.

H

12 HOUR HAND-TO-HAND

BATTLE Pasting, Sept. 9: The growing

field guns. The sound of gunfire is distinctly audible in Pelping.

Heavy casqaltics are reported from both sides. The Japanese continue to use airplane bombard- ment in spite of the fighting... at. close.quarters.

Heavy Chinese reinforcementa of Central Government troops are

Small forces of Japanese are still operating in the area around tension among the population" in Machang. Several groups occupy- Peiping, is becoming daily more being rushed to the West Pelping. ing villages northwest of Michang evident as the flerce hand-to-fighting oze, according to latest. were routed hy Chinese forces hand fighting west of the city ex- | reports.

Japanese planes have been seen Shanghai, Sept. 9 The Chinear which are systematiéály combing tended into the third night, mark- forces scored a signal success yes- air towns in the vicinity of Ing 72 hours of continuous firing. reconnoitering along the Pelping- Reports from communication Tientain Railway zone at all hours terday when they succeeded in Machang with a view to wiping

circles indicate that the Chinese of the day. cutting the inpanese line in the out all Japanese remaining.

miles lines have not been changed dur- In the immediate vicinity of sector. Woosug - Päoshan

The

40 At Tángkuantún.

on of Tientsin the ing the past three days in spite of Felping, Chinese troops are nume- Japanese landing party northeast southwest

an repeated Japanese assaults. Chi- rous and operating freely, indulg- Rallway, of Paoshan are expected to be Tientsin - Pukow

armoued

detachment "eliminated" shortly.

car

of nese troops are reported to being in frequent attacks on the. Fierce fighting is also reported Japanese

attack, smashing all Japanese attacks, Japanese rear and flanks,

an attempted

PALESTINE TROUBLES

Bank Billa, on demand 201 Credits, 60 days' sight. 31)

Os daruand

empery 65 7/10 | Ing to a decision of the Arbitra- in the Lotienchen sector. The but turned their tails on the city and on several occasions latch-Central News.

tion

Board, which recommends Chinese admit that 5 officers and when a large force of Chinese ap- ing counter-attacks of equal fero- Bank Bills, on demand 822

that the wages of skilled labour 60 men were killed during the en- ----- Orsdita, 4 month's sight 870.

be rated at 25 9d per hour, semi-counter. skilled labour at 24 5d to 28 740, Fighting is continuing acros and unskilled at 25 4d.

the Chingho, A Japanese detach- Employers have. suggested д ment áttempted to crous Wen alightly lower scale, but the Board Tsao Creek and Chang Hua Creek maintains that the increases are to push on to Nansutung, but *reasonable

were repulsed Reuter.

Central News

ON PARIO:-

/aj

On-Demand

103

ON SLIGON

DN SINGAPORE: --

On demand

On demand

$21

OW HANILA:-

On JAPAN:---

On demand

On demand

160

ON BANGKOK

Os demand

Telegraphic Transfer... Bank, on demandemen

198

govindas Bank Buying

Hats

89

ยา

149)

BAR SILVER, DE 19 13/18

peared on the

Small city. scene. ̈parties of Japanese-also-attempted The Japanese forces are now raids on Tzeyachen on the Grand face to face with the long Chinese

Jerusalem, Sept. 8. Canal, and Tsaikou, but were lines in the upper Tungting River

A British constable was fired at promptly scattered by defence for- valley, the Chinese being firmly

wounded in a entrenched in the jagged moun- and

street in.. ees at the two places.

tain sides, while the Japanese Jerusalem by an unidentified the valley are resorting to long-asallant who escaped.— range bambardment with heavy Beuter.

The Japanese forces are report- ed to be collecting themselves at Chichen-Central News.