1937-09-22 — Page 12

12

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Sharebrokers'

Association

Nomina

TUESDAY.

doves beiloya

Komen

Buyer

Sollare

SEPT. 21.

Bauka

1,650

H.K. Banks

£54

Do. (London).

I d

201

Chartered Banks ...

233

Mercantile Bks, "A"

$1,55C Lost 213)

£33

£15

Do.

£10

{0}

Bank of East Asia...|"

$90

N. C. & 8. Barks...

321

lusurances

1300

Cauton losgrandes..

810

Union Insuranova jis

$%

Underwriture

PINTAR

1280

H.K. Firos ... PRALASTAN

8299 1560 12 #276

$3

International Amee, s.

Shipping

Uurgisies

$481

181

Steamh wus

191

Indo-Chinas (prof.)

$43

Do. (def.)

100/ Sholls......

$49 139

$9,30

Waterboats

$4.30

Mixing

14/9

Kailans

$101

ftaube ........

$54

uzum Gold Fil$4.30

Docks, Wharvet,

Godowns, etc.

3120

H.K. & E. Wiaryen.

++

80 ct. $32.8

(now)

$31

Providents (ukli,

Do.

1. & W. Dock

368 Shenguai Dock 9.

$30

13+1

30

New Engineerings 8.

Lands, Hotels, and

Qui dings

H.K. Hotels.**** H.K Lands.......... D.4% Debentures

Metropolitan Lazıda..

$13.00 China Lights (old)....

HONG KONG DAILY PRESS, WEDNESDAY, SEPTEMBER 22, 1937..

THE EXCHANGE

MARKET

MESSRS. ROZA BROS

Silver prices dropped 1/18 yes- terday for both deliveries, the quotations being 19 13/16 for Ready and 19 11/18 for Forward Silver advices reported some In- dian and General selling. America bought. After the official fixing the market was steady with Ame- rica a small buyer at the rate but sellers were reserved. American silver was unchanged at 44 3/4 for Sept.

cross-

The London-New York rate was quoted at 495.72 New York-London was quoted at 495.- 11/16.

MARKET

Extremely dull.

STERLING

There were sellers at 1/3 Sep- tember-November and 1/2 31/32 16/8 311.45 December, buyers at 1/3 1/32 Cash- November and probably 1/3 De- cember. No business was reported. U.S. DOLLARS There were sellers at 31 for cash, 30 7/8 30 15/16 October and November-December, buyers at 31

$119.

$2.10

160 ata

$34 $106

13

$8.85

:35

3102

85.90

1/18 Cash-October, 31 November and probably 30 15/16 December. SHANGHAI DOLLARS

103 1/2 nominal.

SHANGHAI MARKET

There were sellers of Sterling at 1/2 27/64. buyers at 1/2 29/64 for Sept. The market closed at Noon with sellers at 1/2 7/16; buyers at 1/2 15/32 for Spot U.S. Dollars. sellers at 29 13/16, buyers at 29 7/8 for Spot.

IN THE AFTERNOON The market was quiet in the afternoon and no business was re- ported.

STERLING

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

U.S. DOLLARS

CABLE AND WIRELESS LIMITED

An index number will be issued in time for publication on the 20th of each month, and as the course of these traffic receipt has always afforded a valuable indication of world trading and com- mercial activity, it is hoped that. in addition to providing an in- dication of the Company's trame for its stockholders" it will be round of value to observers of world economic conditions.

INDEX NUMBERS

These index numbers represent the estimated monthly receipts from traffic as related to comparable traffic in the year 1929. It should be noted that since 1929 the operation in various" overseas areas has been taken over at different dates by the local associated companies, and the total güres" for 1929 taken for purpose of com- parison in establishing the index 100 have therefore been adjusted when necessary by the omission of the receipts accruing in the areas affected. The index numbers are. In consequence, all shown upon a comparable basis

Januarý February

March

April

May

June

Monthly Agures reduced to working day average. Working day average of comparable receipts, year 1939-100,

1930 1931 1932 1933 1934 1935 1936 1937 96.0 78.3 73.4 69.9 71.8 73.2 71.2 85.8 74.4 73:3 84.6 71.7 74.7 95.7 81.2 82.9 94.5 70.8 77.8 70.4 728 76.2 76.0 90.0 94.9 74.5 71.4 71,8 71.6 74.0 71.6 83.7 67.6 79.6 86.2 68.8 67.7 70.7 73.1 72.5

70.3 73.5 86.0 66.6 64.7 70.1 70.1 70.2

66.7 70.3 73.4 64.7 63.2 07.5 88.9 30.8 82.1 61.8 69.6 65.9 70.7 67.1 69.1 73.0 81.4 73.0 71.4 67.9 70.3 75.5' 30.7 82.5 77.8 73.2 72.1 73.6 78.8 75.9 80.4 19.0 73.0 71.8 71.3 72.7 80.5 87.1 83.5 78.8 76.7 80.7 80.1 98.4

July August September October November December

"

PHILIPPINE MINING

NEWS

a capacity of around 2,000 rubic yards a day.

MINING has MINDANAO "NORTH Company has produced P20.733.06 so far this year. according to an nouncements from the main office recently. The August output was P8,680. North Mindanao is operat. Ing a placer property, and its plant i recently.

THE SEX RATIO

The market closed with sellers Economic Importance

at 31 September, 30 15/16 October and 30 7/8 November-December. buyers at 31 1/16 Cash-October and 31 November-December.

Shanghai Lands.....S.

8.10

H.K. Realties.........

$1

Chian Do

160

Do. Detonturous,

$9

Huusphroys *******

Chinise Batallen |

Colton Mili

$13.60

won

$100

S'hai Cottontolds.

113) #90

Thi

new.

31

Zwing Sunce

134

481

Wing On fertiloatS.)

$

Ewo Cotton Rus. S.

Pablle Utilities

$14.50) Tramways ...................

$14

Poak Teams (old)...) $3

12

(now)... 32

186

Star Ferries

$85

27

Yanati Ferries ....

$13.70

Do.

(лет)...

160

H.K. Electrico......

#13) ¥13.30 $59)

1184

Macro do.

$14.

Sudakan Lighta ........

189.00 Telephone (old)

59.40

$1.60 Do. (new)

1.30

$194

China Busus

3.

23:9

Tractions

£47-

23/-

Do. (pref.).

Industrials

$18

Caldbeck, Lord.) 8.

$17

4

Magrogote pref.)8.

Canton Icas

81

+16

18.00

$281

Dairy Farma.......

$267

6.20

Ch. E'tainments.................

54.80

$1.60

$1.00

Constructions,. (old) $1.60

Do.

(LGW)

到

10.65

Lane Crawforde......

18.30

BUYERS

$8.80

Douglases, $481.

$2.60

Sincaroa

Indo-Chinas (Pref.), $51.

$3.40

Watsons

$5.36

Indo-Chinas (Def.). $43.

S. C. Enterprises

$1

977. CLG.521925G.Bda.

Union Waterboats. $9.30.

St%

pre Z

H.Kor. 47% Loans

Chinese Estates. $88.

on

$106

Do. 34%

31011

Peak Trams (Old). $5.

to

19

.05

$100 $4.90

140 ota

SU

13:

$15.10 Demout

26.05

Ropes........

Miscellaneous

3/-

Nanyang Tobacco...)

(H.K.)

159

Wallace Harper

B.K Wing Oo

S'bai Do

Vibro Piling

24/6 Marans Inv. (Lon.)

Win. Towelis

*Sales to Shroghai

LONDON EXCHANGE RATES

Paris

Geneva

Berlin

Athens

Milan

Copenhagen

Stockholm

Shanghai

New York

Amsterdam

Vienna

'rague

Madrid

Lisbon

Hong Kong

Bombay

Montreal

Brussels

Yokohama

Belgrade

Monte Video Rio

Bucharest

Silver (Forward)

Silver (Spot) War Loan

Du LONDON:-

.

(British Wireless Zervice)

Sept. 18: 146-19/32

Sept. 20

146-21/32

21.00

21.581

12.361

94-5/16

12.351

941

1/28

4.98-3/16 8.99+

4.951 8.973

1413

4.96-3/16

28.481

4.951 29.45

19

191

140/1

19-11/16 19-13/16 34% 1001

H. K. STOCK EXCHANGE

YESTERDAY'S OFFICIAL QUOTATIONS

Of Control

As subject tor his presidential

the

PHILIPPINE IRON MINES ship- ped 54,000 tons of iron ore, valued at approximately P220,000, to Ja- pan during August, it was learned

ENGINEERING

AND RESEARCH Clearing-House For Results Needed

Sir Alexander Gibb delivered the address to the Zoology Section. Professor F. A. E. Crew, of Edin-presidential address in the ER- burgh, selected, The Sex Ratio." gineering Section on "Research in

Engineering." He began by saying that

the Re- "Statistical Review" of

the gistrar-General was one of most interesting zoological papers to appear each year, as "a pro- gress report of a vast and exciting zoological experiment which are conducting, scientifically otherwise, with ourselves as

The market continued quiet and experimental material." restricted.

Peak Trams (New), $21. Wm. Powell, Ltd, 40 cts. Constructions (Old), $1.80. Constructions (New), $1. HK Govt. 3% Loan, 1

Prem.

SHEFFIELD STEEL INDUSTRY

new

we

Notable growth in engineering. he said. was of quite recent date. in 1910 the eleventh edition of the "Encyclopaedia

Britannica"

ing. industry in this country nad not realized the importance of re- search and its attitude was almost hostile till the War.

was able to dispose of the subject in rather less than half a para- or graph. Progress had been cumu- thelative in the past years. Govern- ment, however, had been more The chief obvious features con- farseeing than the general public. cerning the sex ratio in this coun- and began to help in a small way were from the middle of the nine- try were that, more males born than females, but that after-teenth century. Generally speak- wards the males' death-rate was higher. The facts were explicable the the assumption that primary sex ratio (the ratio at

Sir Alexander Gibb proceeded: conception) was about 120 males to 100 females, but that the males "Co-ordination and co-operation were more delicate at all ages. In have done much to link together! late adolescence numbers of the the various elements. but there sexes were equal, and in maturity has as yet been no general na- the females out-numbered the itional plan. For totalitarian States males, until among people of 85

such things are not so difficult; but for that reason democratic and over women were more than

countries too' must organize and

twice as numerous as men.

of

This

BANKS

HONG KONG AND SHANGHAI | THE CHARTERED BANK OF INDIA

BANKING CORPORATION

Authorised Capital .....$60,000,000. Issued & Fully Paid-Up $20,000,000 Reserve Funds:----

Sterling

...£ 8,800,000

Hong Kong Currency

Reserve.. Reserve Liability of Proprietors .....

AUSTRALIA AND CHINA Incorporated by Royal Charter 1833

HEAD OFFICE: LONDON: 38, Bishopsgate E.C.2.

.$10,000,000 | Paid-up Capital. Reserve Fund"... Reserve Liability of Pro

$20,000,000

Head Office:-HONG KONG

Board of Directors. G. Miskin, Esq.,

Hou. Mr. M. T. Johnson,

Chairman.

Deputy Chairman.

J. K. Bousfield, Esq., A. E. Compton, Esq., S. H. Dodwell, Esq.,

J. R. Mason, Esq

A L Shields, Esq.,

prietors...

........ £3.000.000 £3.000.000

£3.000.000

MANCHESTER BRANCH: 71. Mosley Street, Manchester.

AGENCIES AND BRANCHES: ALOB STAR ILOILO AMRITSAR IPOH BANGKOK KARACHI

PRIPING

SAIGON SEMARANG

BEREMBAN

SHANGHAI

AINGAPORE

#ITIAWAN

TAIPING

THEPTSIX

(Bhukat)

TOKOKAMA

(Peking) samBOANGA

BATAVIA BOMBAY

KLANG

KOAK

K. S. Morrison, Esq.,"

Hon. Mr. J. J. Paterson,

CALCUTIA CANTON GAWNPORL

KUALA

LUMPUR

BOU BABAYA

KICHING

T. E Pearce, Esq.,

at

СКВО COLOMBO

MADHA MANILA

TORUXAR

Sir Vandaleur M. Grayburn,

Chief Manager.

DELHI

MEDAN

HAIPHONG

NEW FORI

TINGTAC

НАМЕОНО

HANKOW

Branches:-

BARDIN

Amoy

Iloilo

Peiping

Bangkok

(poh

Penang

Batavia

Jobort

Rangoon

Bombay

Kobe

Calcutta

Kowloon

Canton

Киція

Chotoo

Colombo

London

Dairen,

Lyons

Foochow

Malacoa Sungei

Haiphong Manila

Saigon

San Fran-

cisco

Lumpur Shanghai

Hamburg Muar

Singapore Sourabaya

Patani

Tientain

Hankow (Johore) Tokyo Harbin Mukden Tsingtas Hongkew New York Yokohama

Accounts opened in Current 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.

PENANG

HÔNG XUNG GGDON

FOREIGN EXCHANGI and General Banking Business transacted,

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or aborter periods it rates which will be quoted on applica tion.

+1.

The Bank's Head Office in Lon- don undertakes Executar & Trustee business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained st any of the Agencies and Branches.

R. W. ROBERTS,

Manager.

THE CHASK BANK

Also up to date Safe Deposit 16, QUEEN'S ROAD CENTRAL Baxes in various sizes, To Let. Hong Kong, 19th May, 1937.

BONG KONG SAVINGS BANK

HE Business of

the above

T Bank is conducted by the

HONG KONG & SHANGHAI BANKING CORPORATION. Bules may be obtained on application.

For the Hong Kong & SHANGHAI

BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager.

Hong Kong. 1st March, 1937.

BANK OF EAST ASIA, LIMITED.

HEAD OFFICE:,

18, PINE STREET,

NEW YORK.

An American Bank offering com- plate Foreign Banking Service In the principa: Markets of the world. Interest Rates on Application.

SAFE DEPOSIT BOXES ·

This Bank in entirely owned by THE CHASE NATIONAL BANK, NEW

York, with Resources over U. $2,500,000,000.

D. M. BIGGAR,

Manager.

THE YOKOHAMA SPECIE BANK

LIMITED

Yen 100,000,000 00 Yen 134,400,000.00

Authorised Capital $10,000,000.00 Capital (fully paid up) Paid-up Capital

5,198,600.00 Reserve Fund Reserve and Undivided

1,776,728.76

Profits

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

Board of Directors :--

Sir Shouson Chow, Chairman Li Koon Chua, Esq. Li Lan sang, Esq. P. K. Kwok, sq. WongChuson, Esq. Wong YunTong,q. Kau Ying Pu, Esq.

Fung Ping Walı, Chan Ching Shek.

Eng.

1

HEAD OFFICE:-YOKOHAMA

BEANCHES AND AGENCLES AT: Alexandria Honolulu Rangoon

Hsinking Hio do Karachi Janeiro

Los AngelesSeattle

Bangkok Batavia Berlin Bombay Caloutta

Kobe

Ban

London

Francisco

Canton

Manila Semarang

Esq.

Dairen

Moji

Shanghai

Fengtien. Nagoya

Soerabaya

(Mukden) New York

Sydney

Hamburg Osaka

Tientsin

Hankuw

Tokyo

Harbin Paris

Tsingtao

Yiakow

Kan Tong Po, Esq, Chief Manager.

Li Tre Fong, Esq., Manager.

Aimoy

Batavia

Bombay

Cabutis Cartyn

Branches and Agencisi ;—

Halphons

Hocolulu

Kowloon Fening

London

Валеров

Manila

Bourabaya Becker Saigon Bydney

Melbourne San Fran

NATAKI New York

Bankow Dosha

Robe

Parle Paiping

Taikota

laco Tentan Sectio Tokyo Semara Vanter Yokohama

bungbul

Kickpore

(Delay) Nagasaki Bingapore

Hong KongPeiping

Interest allowed on Current Aca Counta

Deposits

Fixed received for Periods at rates to be obtained on application.

Y. "KANO, Every description of Banking and Exchange business transacted,

Manager. Loane granted of approved Hong Kong, 11th Sept., 1937. securities.

The greater delicacy of the male co-operate more closely than ever in man, Professor Crew belleved, before. Groups of unrelated, often bodles cannot be was an instance of a general prin- competitive. Corisequent upon the bringingciple applicable to the male sex really effective. In my opinion. in all organisms, "and due to the the time must come when every melting into operation„ of

higher rate male, having a

research organization will be link- capacity. Shefeld's steel output shows a further increase. During metabolism, which made him lessed by some form of affilation to a

resistant to unfavourable con- central controlling body. the first four months of this year,

ditions.

would become inevitable in time f production totalled 570,100 tons.

The sex ratio at birth. was "an

only to prevent hopeless overlap- Current Accounts opened in the highest ever recorded in any

Instrument of precision by which ping and duplication, with atten-Local Currency and. Fixed De IRWIN CANAL WORKS four months. The tonnage for the

a human society may measure the dant waste of energy, time, and posits received for one year or in Local and same period last year reached 521,-

There is another direc-shorter periods money. 200 tons, and in 1935, 451,800 tons. quality of its structure" a yard-

tion where centralization is equally Foreign Currencies on terms which The demand for all classes stick to determine the success of

At Dre- will be quoted on application. necessary-publication. social services and health

Safe Deposit Boxes To Let steel attains record dimensions.

The equality of the sexes

sent if the results of research are

KAN TONG PO. There is an exceptionally strong surcs.

not kept as trade secrets they are

Chief Manager. demand for basic steel. while in early maturity Professor Crew acid steel requirements show a regarded as having been brought often broadcast in such a multi- about about by adaptive adjust-tude of journals, hocks. papers, further increase. The scrap posi-

ratio and

addresses. &c., that it is almost nomous authority that deals with ment of primary sex tion is easier.

differential sex mortality to give impossible for one who is studying the finance and administration of miles, has been sanctioned. There equal females

ratio of

numbers of males

mea-

and

A report on the Irwin, Canal works in Mysore, covering the past year, has recently been issued by the Government of that State. The works in the canal and its branches have now been practically.com-? pleted, and the re-starting of the Cauvery branch works, beyond 131 An active state of affairs exists

bureaux, works in has been a rapid development of throughout the heavy machinery

at the optimum period any, particular branch to avöld 10 scientific and engineering branches. Bus)-

for reproduction. The precise sex unwittingly covering ground al-close touch not only with all the irrigation during the year, and ness in hollow-forged steel drums

species must not be ready covered by previous workers. councils but with other research practically all the land under SCIENTIFIC PERIODICALS centres, such as the Low Tempera-private holding, for which water is particularly brisk, the electrical

"Approximately 30.000 scientific ture Research Station at Cam- has been made available; is now Industry being good customers, regarded as a biological accident,

the Building Research under irrigation. In addition to Sheffield continues to do a good but as a delicate adjustment of

Station at Watford, and so on. If the raising of the storage at the trade in shipbuilding requisities; contrary forces brought about by periodicals are published through-bridge,

selection during the course of out the world, each of which no producing works are operating to

doubt may contain the results of it be impossible even to work out Krishnaraj Bagar Reservoir, re- gestation.

similai organization for en- commendations, have been accep capacity.

The address was followed by a research in some form or other. a The On New York:-

gearboxes, discussion, in which Mr. Walton, of In our own country no definite gineering on a national or world-ted for the construction of a Bank Bills, on demand 2011/1n

an interesting and practical scheme has yet been wide basis, it cannot be impossible balancing reservoir on the Credits, 60 days' night 31 2/16 clutch plates, and other accessories Cambridge, gave ON BATAVIAI—.

is in excess of last year's standard. review of possible methods by conceived for making available to establish at least a clearing-channel at Sivasamudram, and for the results of research. There house system at a relatively small a scheme for the Installation of which the sex ratio could be ex- On demand

The tool-making branches are ex-

ar: permentally controlled. In mam- should, moreover, be some type of expense in co-operation with the additional power plant. Proposals ceptionally busy and orders

works, mals the most promising line of clearing-house of engineering in-Department of Scientific and la- to start a hydraulic experimental accumulating' at owing to the difficulty in obtain-attack is to find some means of formation, much as would collect, dustrial Research. This Depart station in the canal area are being and make immediately ment, with the research associa formulated. The outlay on the separating male-determining from collate. the materials. ing

This available all new data discovered. tions which it partly finances, and Irwin Canal works during the year All types of building trade tools female-determining sperms.

is theoretically possible, and if Sume partial success has been at others with which it is associated, under review was just under £15,- are in marid, while there is a growin

market for engineers' successful, would be of enormous tained in this direction In more provides the ideal nucleus for such 000, and since the commence-

one in stock-thin way. The Executive an Information service, but en-ment of the work about £1,146,000. small tools, machine tools, ma-economic importance ching knives, twist drills, and breeding, as well as opening up Council of Imperial Agriculturalgineering must work out its own have

quite new visitas in human biology. Bureaux, for instance, "an auto-scheme.””. hacksaws and blades.

Closing Quotations

September 21, 1837.

Telegraphic. Transfer...

Bank Bills, on demand }1/2

Credita. four months'

#ight...

ON BRANGBAL

On Demand

ON SINGAPORN!--

On demand

ON JAPAN:

On demand

FINDIA

ON PAR18:-

Bank Billa, on demand 895

1/at

Credits, 4 month's sight $15

1021

ON BAIGON-

On demand

52!

On Mak

On demand

ON BANGKOK:

... 108

On demand.....

Boron Bank Baying

Bats

Telographic Transtar 182

at, on deciand..

eit

1488

*Astia 1/31/16 BAR SILVER. DAS DB 19 13/18

demand for automobile steel, drop forgings.

some

been

scheme.

expended

Dower

the