1937-09-16 — Page 12

12

DAILY SHARE QUOTATIONS

Hong Kong Stock

Bayılı ellen

Exchange

Sharebrokers'

Association

!!!!!!!

(48)

163

$9.30

:

WEDNESDAY, SEPT. 15.

Balines

Mayore

Balsamina

Banka

$1,600

BLK. Banks

£:31

Do. (London) ...

2139

Chartered Banks

$1,670 2031 કાવી

£33

Marcantila Bks. “A”

£33

ΕΙΔ

Do.

£15

$101

Bank of East Asia...

N. 0.8. Barks ...

Insurances

$200

Canton insurancov..

1297

$810

Union Insurances ...

1800

Underwriters

19

1:20

H.K. Fires.............

$280

13

International Asaco, S.

>

Shipping

Douglases

1481

38+

Steambata

351

Indo-Chinas (pref.),

Do.

(def.)

$49

108 Shella.

10/7

Waterboats.

19.30

14/8

Kailanm

$10

Raubs

15

Yonezaris Gold Flux. $4.39,,|

Decks. WharTEN,

Godowns, etc.

H.K. & K. Wharrow.

121

100 eta.

$32.8

3.8

83)

$20

Mining

Providents (okli

Do. (new)

11.K. & W. Douká

Shangani Docks S. New Engiuserings S. Lands, Hotels, and

Bui dings

**

HONG KONG DAILY PRESS, THURSDAY, SEPTEMBER 16, 1937.

THE EXCHANGE

MARKET

MESSRS. ROZA BROS,

The price for Ready Silver rose 1/18 yesterday but the Forward rate was unchanged, the quotations belig 19 15/16 and 18 13/16 res-

PHILIPPINE MINING

NEWS

Twenty gold producing pro- perties in the Philippines shipped P4,269,020.69 worth of bullion and

August, up approximately P110,000 concentrates during the month of

from July's pour. Tambis produc- tion was not reported to date.

This is the third largest monthly

pectively. Silver advices reported India as having operated both The ways. Speculators bought. murket was quietly steady. Ameri-gure reported by the gold mining Industry since gold was discovered can Suver was unchanged at 44 in the Islands. Total production

3/4. for Spot.

The London-New York CROSS- rate was quoted at 195.10. New Yurk-London was lower at 494.- 15/18.

MARKET

Steady but featureless.

STERLING

for the eight months to date amounted to P33,055,728.31. This compares with 127,697,772,62 for the same period last year.

All-time high production records were made by Cal Horr, Royal Paracale and United Paracale, while Balatoc, Salacot and Itogon There were sellers at 1/5 Sep-set new records for the current tember-November and 1/2 31/32 year.

at

December, buyers 1/3 1/32 Big Wedge continued to hold Cash-November and 1/3 Decem-arat place in recovery averages 15,0 $11.45 ber. A transaction was arranged while Balatoc continued as the

at 1/3 for November delivery.

premier producer of the Islands. U.S. DOLLARS

Nine of the 21 producing properties There were sellers at 30 15/18

14 the Islands have passed the September, 30.7/8 October-Novem-million mark in the production ber and 30 13/18 December, buyers at 31 cash. 30 15/16 October- November and probably 30 7/8 December. A small business was reported at 31 for cash.

$119 $0.10

60 otu $321 $108

$3

$6.50 ₫ H,K. Hotels

$34}

H.K Lands.

...d.

$2

Do. 4% Debentures

$8.85 135 3102

Shanghai Lauda...N.

Metropolitan Lands..

(610

#.

......

累计

H.. Healbies

Chios Do

Do. Devathuresɔ.

Humphrey

Chineo Esta 1998.

Catton 'Mil

$13.60 EwoS

S'ha Cotton(uk)JS.

ik.. (0.

Zoong Sings

$100.

$6.90

::g

.....

314

100

$34

$40

I

| $13,90] China Lights (old).......

$13.70 Do. (bor)...

SHANGHAI DOLLARS

Nominal at 104 1/8.

SHANGRAT MARKET There were sellers at 1/2 23/64. buyers at 1/2 25/64 for Spot. "U.S. Dollars, sellers at 29.5/8, buyers at 29 11/16 for cash.

H. K. STOCK EXCHANGE

YESTERDAY'S OFFICIAL QUOTATIONS

The market was idle.

BUYERS

Wing On Textiles(S.)

kan

Ewo Cotton Kts, S.

Pabile Utilities

$14.60 Tramways ********

$14

Poak Tesas (old)....... 18.

1a. [new]... 3

186

Star Ferries

$85

$17

Yaumati Forties

327

$13 $13.20

130

118

H.K. Electrics · .........>< Macao de

3091

1:48

11.00 Telephones (old)

$13:6.0

$29.40 $11.30

$121

.23/0

24/-

Wm. Powell, Ltd.. 40 cts.

Constructions (Old), $1.80.

Sandakan Lights...

Do. (new)

Chins Buses.

Tractions ............

De.(pref.)

Industrials

16 Caldbeck, hard.) 8.

Macgregora prof.)8.

Canton lees

$15.47 Dements

#17

42

Miscellaneous

!!!!!

$2

16

$8.05

Корея ..

$6.20

1961

Dairy Farine...

$28

*5.20

Ch. K'tainmenta....

$4,80

B1.60

$1.00

Constructions, (old) $1.60

Do.

(new

$1

18,50 $6.80

$6.35

Miss Lane Crawfords......

Nanyang Tobacco....

Biaceres.............. Watsons

S.0. Enterprises....

977. Ch.G. 541925 G.Bds.

11.60

$3,40.

prez. 8%

ช

prem

H.8. Govt. 4% Coaas

Do. 31% Wallace Farper

$60

i

1

Nu ota.

B.K. Wing Oo

S'hai,

Do

Vibro Piling

22/6 Maramans Iry. (Lon.)

(H.KJ

Wm. Powelle...

Sala to Shrngåsi

LONDON EXCHANGE RATES

(British Wireless Service).

Aug. 13

130-19/32

21.55

12.34

Sept. 14 138-13/16 21.56 12.34

94-1/16

941

Paris Geneva

Berlin

Athens

Milan

Copenhagen

Stockholm

Shanghal

New York

4.951

4.951

Amsterdam

8.99%

8.09.1

Vienna..

1412

-141-13/16

Madrid

Lisbon

Hong Kong

Bombay

Montreal

4.951

Brussels

29.401

Yokohama

Belgrade

Monte Video

Rio

Bucharest

Prague

Silver (Forward)

allver (Spot) | War Loan

ON LONDON:

19-13, 16 192 100-3/16

·Closing Quotations

September 16, 1937.

4.951 20.41%

19 13/16 19-5/16 31% 1001

Douglases, $481 Indo-Chinas (Det.), $43. Union Waterboats, $9.30. Chinese Estates, $90. Peak Trams (Old), $5. Peak Trams (New), $21,

Constructions (New. 31.

table for the first eight months of the year. Those include Antamok. Ealatoc. Benguet Consolidated. Demonstration. Itogon. I. X. L. Masbate, San Mauricio and United Paracale, Suyoc, with an average pour for September, will anter Hist of premier producers.

BALATOC INCREASES POUR Balatoc upped production P44,000 during August when P1:165,738.65 was poured from 37.997 tons treat- cd. Average recovery amounted to P30.68. Antamok dropped off from July's figure when P434.708.90 was produced from 22.142 tons of ore for an average recovery of P19.04 per ton. 'Production was down P27,000 for the month.

Baguio Gold reported P109,920.80 for August, down P1,000 for the month. The mill treated 5,816 tons of ore for an average recovery of P18.90 per ton. Benguet Con- solidated produced P791,075.80 dur- ing August, down P45.000 from July's pour. The mill treated 25;

ITOGON SETS RECORD

Itogon made a new all-time high pour when P297.639.24 was pro- duced in August, up P99,000 from the previous month. The plant is now rated at 1,000 tons per day and milled 24.310 tons during the month for au average recovery of P12.00 per ton. Enst Mindanao produced P48,118.38 for August, down P8,000 from the previous month. The mill treated 3,324 tons of ore for an average recovery" of P13.87 per "ton."

Ipo Gold upped production P3. 000 when P53,865.50 was produced In August from 5,414 tons. Aver-

P0.91

amounted to age recovery per ton I. X. L. reported P171.696.- 07 for the month, down P15,000 from July's pour. The plant treated 7,408 tons of ore for an average recovery of P23.16 per tor

Officials of " North Mindanao Mining Company released an initial report on production for the year to date, which amounted to P80,733.06. Output for August Amounted to, P8.880.00. This is a placer property and has machinery which will treat 2,000 cu. yds. per day. Royal Paracale set a new all-time high when P37.835.89 was produced in August. up P7,000 from the previous month. The mill treated 2.800 tons of ore for an average recovery of P13.51 per ton.

BANKS

HONG KONG AND SHANGHAI | THE CHARTERED BANK OF INDIA

BANKING CORPORATION

Authorised Capital

...... $50,000,000 Issued & Fully Paid-Up $20,000,000 Reserva "unds:-

Sterling

Hong Kong Currency

Reserve

Reserve Liability of

Proprietors

AUSTRALIA AND CHINA Incorporated by Royal Charter 1953

HEAD OFFICE: LONDON: £ 6,500,000

38. Bishopsgate EC2

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

Reserve Fund.... .$20,000,000 | Reserve Liability of Pra

pristora...

Head Office:-HONG KONG

Board of Directors. G. Miskin, Esq.,

Hon. Mr. M. T. Johnson,

£3.000.000 £3.000.000

£3.000.000

MANCHESTER BRANCH: 71, Mosley Street, Manchester.

AGENCIES AND BRANCHES:

ILOILO ALOH STAR

BAIGON SEMARANG

Chairman,

AMRITSAR Deputy Chairman.

J. K. Bousfield, Esq.,

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

K. S. Morrison, Esq.,

Hon. Mr. J. J. Paterson,

7. E. Pearce, Esq., AL Shield, Esq., Sir. Vandeleur M." Grayburn,

מסין1

BOURABAYA

TAIPING TIMOTEIN

(Bhuket)

Chief Manager.

BANGIOT BATAVIA BOMMAT CALCUTTA CANTON CAWSPORE CIBC COLOMBO DILKI. HAIPHONG

KARACHI ILANO KOBE

KUALA

SEREMBAN

SHANGHAI

SINGAPORS

BITIAWAN

LUMPUL

KUCHING

MADRAB

MANILA

ih

TONGKAR

MEDAN

NEW YORK

THINGTÃO

HAMBURG

MANIOW

Branches: Iloilo

HABHIN

Peining

I pob

Penang

Johor.

Rangoon

Kobe

Saigou

Calcutta Cantoa

Kowloon

Kuala

Amoy Bangkok Batavia Bombay

Chefoo

Sau Fran-

cisco

Lumpur Shanghai

London Colombo Dairen Lyons

PEIPING

ТОХОДАМА

(Paking) rOẠT GIA

PENANG

HONG CONG LANGDUN

FOREIGN EXCHANGE and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One shorter periods at rates which will be quoted on applica tion.

Year or Singapore Sourabaya Foochow Malacca Sungei Haiphong Manila Patani Hamburg Muar Tientsiz Brakow (Johore) Tokyo Harbin

SAN MAURICIO FALLS OFF San Mauricio reported P95,064.00 | Hongkew for the month under review, down P30.000 from the previous month. The mill treated 8,058 tons of are

for an average of P15:69 per ton. This is only the third time that San Mauricio produced under P100,000 per month since the mine went into production in February. 1936.

Mukden Tsingtao New York Yokohama

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

י!

Also up to date Safe Deposit Boxes in various sizes To Let. Hong Kong, 12th May, 1937.

Salacot increased production P8,- 000 in August when P35,467.00 was produced from 6.420 tons of ore. Average recovery amounted to P5.- HONG KONG SAVINGS BANK 52 per ton. Suyoe Consolidated produced P128,778.76 during the Business of the above

774 tons of ore for an average month under review, up P3.000 TBank is conducted by the

recovery of P30.69 per ton.

H.K. Goyt. 31% Loan, 14% Prm. month. Recovery amounted to

BETTER TRADE

FIGURES

էլ

London. Sept. 14. In August £42,462,205 of United Kingdom goods were exported-the highest value for any August since 1930--and Overaca trade returns snow that in the same month of 90%

last year and 1935, exports were 11091 | valued at £35,258.115 and £34.- $101

882,955 respectively. Imports for the three months of June, July and August were the highest in value

for the recorded

similar perlod of the year.

105

$100 $4.90

ever

40 eta

ON NEW YORK:-

Bank Billa, on demand 30% Credits, 60 days' sight. ali

Tolographic Transfer... Bank Bille, on demand 1/27 OS BATAVIA:

Oredita, four months'

sight

De Sindagra:-

On dopand

On deniand.............................. 05 OF PARIS:-

Bank Bills, on demand 856 Credits, 4 month's sight 903 Os Saigon:-

1/26

ON SHANGHAI :----

On Demand

1021

On demand *****

86

621

ON. MANILA:

On demand

OF BANGKOK :---

100..

On demand

BoyzzzIGNS." Bank Buying

61

149j

1/31/10

On Jaran :----

On demand

E ENDTA:

Benki on domande sema

Telegraphic Transfor......... }8g

| BAR SILVER. DER £ii, sinomana. 12 13/16;

Imports in August were valued

at £85,659,083 against £66,055 677

P6.76 per ton.

ex-

V. M. GRAYBURN,

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

KONG from the previous pour,. The mill | HONG

& SHANGHAI Big Wedge upped production treated 6,168 tons of ore for an BANKING CORPORATION. Rules P5,000 when P142.304.28 was pro-average recovery of P20.88 per ton may be obtained on application, duced during the current month Twin Rivers went into produc- For the Hosa KONG & SHANGHAI from 3.269 tons of ore. Average | tlon last month and produced

BANKING CORPORATION. recovery amounted to P43.50 per P33,318.98. This company is ton. Benguet Exploration report-tracting geld from tailings of min- ed P21,442,82 for August, approxi- | Ing properties in the Baguio dis- mately the same as the previous trict. United Paracale set a new all-time high record in August when P191.853.71 was produced, up A new all-time high record was P4,000 from the previous month. set by Cal Horr when production The mill treated 9,482 tons of ore was reported at P115.731.38, up for an average of P20.23 per ton. F16,000 from the previous month. At the present rate of produc- Tonnage milled amounted to 5,855 | tion, Island mines will produce tons for an average recovery of better than P50,000,000.00 worth or P19.73 per ton. Demonstration up- ¦ gold this year. It is expected that ped production P4,000 when P133.- 667.50 W3S produced in August from 7.445 tons of ore for an aver- age recovery of P17.95 per ton.

X-RAY IN

INDUSTRY

Mindanao Mother Lode will enter the production table. during the current month as their 200-ton plant turned over recently.

A RARE FISH

ان

A rare fah, the chances catching which by rod and line are a million to one against, has -recently been caught at Port

and £59,146,232 in the same menth Sir W. Bragg On Some Hacking. New South Wales. The

of two preceding years. For 're- exports August values were £6,- 887,100. £4,425,975 and £4.185 561 this year, last year, and in 1935 the respectively the figures for

the year Arst eight months of show a growth in the value of ex- ports from £283.170.234 In 1935 to £341.438,902 in 1936, and in 1937 to 2654,374.867.

Advantages

In the Physics Section, an im- portant discussion was held on "X-ray Methods and Industry.". It Was introduced by Sir William Bragg, to whom so many of the advances in this subject are due... The total for re-exports in the £41,809,595 eight months were

He enumerated some of the last year

£54,201.309 this advantages of X-ray and

methods. year. Comparing the eight months They do not destroy the specimen; periods of 1036 and 1937 the most only minute quantities of material notable increases tri imports were

are needed, and they analyze in in respect of wood and timber terms of molecules as well as of £10,653,207 and of non-ferrous atoms. Their disadvantage (which, metals £16,414 458. There

was however, is only a temporary one) also an increase of £17.670,193 for ta that the detalls they reveal are grain and our but this "was more than accounted for by the higher prices as imports by the hundred weight were 132.089,534 this year against 133,584,057 last year.

In exports the chief increases were for iron and steel manutac- tures, coal, cotton and woollen yarns, and vehicles and chemicals, Coal exports, were 26,225 582 tons 1 against 22,389,428 in same period ot 1930.-

--British Wireless,

CLAIM FOR BETTER WAGES

on a scale so far. removed from the dimensions of ordinary prac- tice that it takes considerable time and work to apply the results. Thus," although they have already had a considerable effect on actual workshop practice. their chief influence so far has been on in- dustrial science.

fish, known as the "stonellfter" or "stargazer," which is found only On the south-eastern coast of Australla, buries itself in the sand. with only its mouth and eyes showing. It waits for small fish to enter its mouth. Balt, therefore, must either drop into its mouth or drift there, says Austral News. The captured fish was 21 inches loug and weighed five pounds.

CANADIAN ECONOMY

AND JAPAN

BANK OF EAST ASIA, LIMITED.

Authorised Capital ...$30,000,000,00 Paid-up Capital 8,598,600.00 Reserve and Undivided

Profits

2,770,796.76

HRAD Orries:-HONG KONG

No. 10, Des Voeux Road, Central.

Board of Directors:-

Bir Shouson-Chow, Chairman Li Koon Chun, Esq. Li Lan Sang, Esq. P. K. Kwok, $q. Wong Chuson, Esq WongYunTong, aq. Kan Ying . B

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

R W. ROBERTS,.

Manager.

THE OBASE BANK.

15, QUEEN'S ROAD CENTRAL

HEAD OFFICE:

18, PISA STRAFT,

NEW YORK.

An American Bank offering

plote Foreign Banking Service

in the principal Markets of the world. Interest Bstes on Application.

SAFE DEPOSIT BOXES

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

D. M. BIGGAE,

Manager.

THE YOKOHAMA SPECIE BANK

LIMITED

Capital (fully paid up)

Yen 100,000,000 00 Reserve Fund. Yen 134,400,000.00

.HEAD OFFICE:-YOKOHAMA

BRANCHES AND AGENCIES AT: Alexandria Honolulu Raagood Bangkok Heinking

Ki du Batavia Karachi Janeirg Berlin

San

Chan Ching Shak FungPingWah,

Eai

Bombay

Kobe London

Francisco"

Calcutta Canton Dairen

Los Angeles Seattle Manila

Semarang Shangbai

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

ABO

Batavia Bombay

Calestia

Centur

Haiphong Bankow

Houstala Kabe

Branches and Agencies:-

Kowloon Penang Bourabaya Londo Rangoos

Maulle

Bagon

Kelbourne Bad Fran-

8xstow

Bydoor

Talboko

sace Meat

Tokyo

Moji

(Dalny) Nagasaki Singapora Fengtien Nagoya Soerabaya.

(Mukden) New York Sydney Hamburg Osaka Tientsin

Hankow

Otaru

Wagasaki

New York

Sosizi

Harbin

Paris

SALA

Semaradji Yanxxte?

Paris

Shangbal Усковала

Bong KongPeiping

Peiping bgapore

Every description of Banking

Tukyo

Tsingtao

Yiukow

Interent allowed on Current Ac- count

Deposits

received for

Fixed

and Exchange business transacted. Periods at rates to be obtained on. Loans

approved application. securities.

Ол granted

Current Accounta opened in

Y, KANO.

Manager.

Local Currancy and Fixed De Hong Kong, 11th Sept., 1937. posits received for one year or 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.

SOUTH AFRICA AND GERMAN COLONIAL DEMANDS

Ottawa, Sept. 14. Claiming that" "Canadian eco- nomy is rapidly becoming part of Japan's war machine," the Na- tional Executive Co-operative Commonwealth Federation in a Statement urges the application of the Canadian Neutrality Legisla tion to the Sino-Japanese conflict

London, Sept. 14. and cites the vastly increased

The declaration on South Afri trade with. Japan as compared ca's attitude towards the German with a year ago. The statement Colonial demands, made by the declares that the Japanese milf South African High Commissioner tarists are more and depending on Canada for supplies and calls on the government to ban shipments of war materials. Reuter.

REICHSMARK

QUOTATIONS:

Berlin, Sept. 14. The Reichsmark was "quoted, without guarantee, at:

・う New York, 40.13 Paris, 1124 Amsterdam, 72.90 London, 12.35 Paris Pound Sterling, 138.65 to 138.65 Pariz Us dollars, 27.885 to

27.875.-

in London, Mr. C. Te Water, in Transocean News Service. Montreal, has caused a sensation in London. A subsequent declara- tion of Mr. Te Water states that the views expressed were his per- sonal views, held for a long time.

He advocates that the nations CX- should no longer besitate to amine the German Colonial claims

“BARHAM” DUE AT

Dr. Shearer spoke on the use of X-rays in the metal industry.

Dr. Bernal, of Cambridge, spoke on the use of X-rays in the food and chemical industries. They have already elucidated cer- tain problems in regard to

which bleaching powder

have bauled chemistry for a century.

Mr. 1. T. Kandall and Mr. H. P. and they provide an ideal method A thousand apprentices in the Midlands engineering works are at for standardizing chemical--pro- Rookaby dealt with the use of present striking for an increase in ducts at all stages of manufacture. X-ray in the electrical Industry. wages. The claim is that wages beIn the food industry they have and Dr. A. J. Bradley spoke of aur- so far chiefly been employed as prising results on triple alloys of increased as the adult workers in the works had a three shillings in an auxiliary, by whose afd routine iron, nickel,and aluminium, which their chemical work may be largely shed important light on. crease recently.—

shortened:

properties as permanent magnets. | Transocean News Service!

London, Bept: 14.

Reuters Bulletin Bervice.

"BASE"

Malta, Sept. 14.

Mediter The flagship of the in a spirit of common sense and ranean Fleet, HME. Barham, is arrive there to-morrow moderation. The conference table, due to Mr. Te Water declares, would be after which it

will proceed to the best place to discuss this and Dran where the Commander-in- all other problems disturbing world Chief will meet the French Com-

mander-in-Chief.— Beuter's Bulletin Servite.

Deace.