1937-10-05 — Page 12

$1,560

$1,670

| $1,670||

£18

213

233

EID

$30

N. O. & S. Backs

$526

i i

3976

1630

$12

Underwriters

;

3205

H.K. Firest

12

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

Bayara Vallera

Sen Nouns

Sharebrokers'

MONDAY. OCTOBER, 4.

Banks

H.K. Banks.......... Do (London)... Chartered Banks

Mercantile Bks. “A”

Du.

"

Bank of East Asia......

Association

Buyers

Mellore

contra

!!!!!

£13

£334

£10

-191

J2

$281

1586

12

$370

104

Insurances

Canton Ingarangay..

Union Insurances ...

International Assco. 3.

.-Alpping -

7481

Douglstea

1481

31.

Stenab vit

$51 $43

Indo-Chinas (pref.)

Do.

(dof.)

$51 SAN

104/4

Shella...............

19.30 Watarhonte

Mining

18/0

Kailans 30

16/B

1101

Raubs

15

Venezami Gold Flds: 4.30

$10

Docks. Wharves,

Godowns, etc.

$2.05

::་སྒྲོ་:་

-31 13

Jai et

H.K. & K, Wharves.

Providents (old)

Do. (now #40 ot.

ALK. & W, Docks

Shangaai Docks 8-)

$5.35

$30

$140

New Engineerings N.

Lands. Hotels, and

Buidings

1.K. Hatels

H.K Lands.......... Do. 4% Debentures Shanghai Landa...S.. Metropolitan Lkoda..:

#4.70 H.K, toalties....

China Du

Sa

Do. Debenturess.j Humphreys

Chincue EsustON.

Colton Mill

14/1 39.30

$114

$9.07

$108 $3

$3.40 $30

$102

+

84.70

HONG KONG DAILY PRESS, TUESDAY, OCTOBER 5, 1937.

THE EXCHANGE

MARKET

MESSKS. ROZA BROS

Silver prices rose over the week- end to the extent of 1/16 for Ready and 1/8 for Forward, the quotations being 19"7/8 and 19 13/10 respectively. Suver advices reported a little speculative buy- ing. Sellers were reserved. The market was steady.

The London-New York cross- rate was quoted at 495.58. New York-London was quoted at 495.- 7/10.

Very quiet.

MARKET

STERLING

There were sellers at 1/3 Octo- ber-December and probably Janu- úry and 1/2 31/32 February, buy- ers at 1/3 1/32 October-January and 1/3 February."

U.S. DOLLARS

There were sellers at 31 October. 30 15/16 November-December and 30 7/8 January, buyers at 31 11 Cash-December

and 31 January. No business was reported.

"SHANGHAI DOLLARS Sellers at 104 5/8 for Spot.

SHANGHAI MARKET

There were sellers of Sterling at 1/2 5/16 tor Spot, buyers at 1/2 3/8. US. Dollars at 29 9/16. buy ers, at 29 5/8 for Spot.

IN THE AFTERNOON The afternoon market was quiet.

U.S. DOLLARS

The market closed with sellers at 1/3 October-December and pro- bably January, and 1/2 31/32 February, buyers, at 1/3 1/32 Oc- toher-January and 1/3 February. STERLING

The market closed with sellers at 31 October, 30 15/16 November- December and 30 7/8 January. buyers at 31 1/16 Cash-December and 31 January,

།

H. K STOCK

NEW YORK STOCK EXCHANGE

"Through Reuter's Service)

Now York: October a.

QUOTATIONS

New York/London Cross rate New York Cotton-Dee. New York Rabbor-Sept. Chicago Wheat --Sept. Chicago Corn -Supt. Winnipeg Wheat-Out, Silver-Ufficial

1936/7

LAAL

Today's High Low Clan Close

*.28

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-

Reservo SSKEST

Reserve Liability of

Proprietors

..2 6,500,000

AUSTRALIA AND CHINA Incasperated by Royal Charter 1933

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

£3.000.000 £3.000.000

£3,000,000

$10,000,000 Paid-up Capitat.

Reserve Fund. Reserve ability of Pro-

-,...$20,000,000

Head Office:-HONG KONG..

prietors

MANCHESTER BRANCH: 71. Mosley Street, Manchester.

Change

b.

8.17 17.75 17.70 1773 109 107 107 612 63 63 197) 120 128

4.95-7/16 495-7/18 unch,

8.18 17. 3 1081

S

A of unch.

up..

63

↑ up 127) 1 up

unquoted

Oct 1.

153.80

40.69

21.03

High Low Close Change 154.37 183.43 104.05 41.18 40.43 41.03 $4.13 23.96 21.06

.19 up .37 up .03 up

Hon. Mr. M. T. Johnson,

Deputy Chairman. | AMRITSAR

07.04

68.09 80.29

.18 up

J. K. Bousfold, Esq., A. H. Compton, Esq.,

S. H. Dodwell, Esq.

High Low Dow Jones Averages, 194.40 147,38 30 Industrials,

6146.32.93 20 Raile 37.54 22.77 20. Utilities 105.89 97.CO 40 Bonds

82.44 65.08 11 Commodity ladez 62

Stocks Adams Express Allis Chalmers Amer. Can

THANK

Am. Car & Foundry Amer. Cyanamud .... Amer. & For. Power

"

Lust Sale

Oct. 1 2

123 123

55

991

281

51

Amer. & For, 37 pf 33* Amer. Locomotive 29 Amer. Metals ... 38 Amer. Radiator Amer. Rolling Mill.. 317 Amer. Smelting

141

692

Amer. Steel F"dries.. Amer. Sugar .....................

1614 Amer. Tel. & Tel... amer, Tobacco "B" 78 Amer. Waterworkk Anaconda Copper Atchison, T. & 3. Fe. Atlantic Reaning ... Atlas Corpn. Auburn Motors ...... Baldwin Locomotive

$7 cum. pr. Baltimore & Ohio... 17 Barnsdall Ol

36

141

ATH

397 £7

239 12

13t

18

Bendix Aviation

Bethlehem Steel

093

Boeing Airplane

24]

Borden Co.

211

Briggs M'facturing 331 Brooklyn-Manhattan

$11

Ewus

J13)

Y'ham Cottons{uld)S.

$90

Da

(now S

Zoong Sings

$34

Wing Un Textilos(S.)

140

Ewc Cotton Rts. B

Pabile UtiltSam

$13

Tramways.

$13

Poak Trama (old).

Ly

(Duw... $2)

Star Ferries

180

14

112)

Yaumi Ferries..

$10.80 China Lights (old)...

3294

#11

401

$10

$54

JIS

Do. H.K. Electrica ·...... Macao do

(LOW)...

$10.40

130

3042

3544

9

$141

$25

23/9

vet

Bandakan Lights ...

Telephones (ola} ....

Du. (DOW... China Buses! Tractiona

$24

29

$8.10

24/6

The market was very dull.

SELLERS

Cerro de Pasco..... 54)

I:

pren.

preum

EXCHANGE

YESTERDAY'S

OFFICIAL QUOTATIONS

Trans

Brooklyn-Manhattan

$8 cum, pf.

Case, JI

Canadian Pacific

រ

Business Done:-993, shares.

ཨྠཊྛཱཉྩ ཐཱནྟུབྷོརཏྟཊྛོ, 9ཊྛ#ཊྚཡྻུམྦྷཊྛོ, vË a ནཱསྒྱུ ãོ ཿབྷོཨཏྠཾཥྞནཱ ཾཎྜueང#ཏྟཨཱ ཏྠ ཿཨྰཿཨྰཿབྷསྨཎྜ

stocks

Oct. 1 2 Great Northern Riy. 39 Great Western Sugar 31 Holly Sugar Corpn. Humble Ou

Int. Nickel

In

Int. Tel. & Tel

Dept Stores Kennecott Copper Lambert Corpa. Loew's Inc. Lorillard

701

512

T 161

58-*

91

712 191

251

27

McIntyre Porcupine McKesson & Robbins" 201 Monsanto Chemical 912 Montgomery Ward 463 Murray Corp ....... 71 Nat Cash Registor .. Nat Dairy Products 174 Nat Distillers Nat Power & Light New York Central... 273 Niagara Hudson P.

Corpn. North American Northern Pacific..... Pacific Gas & Elec. 271 Pacife Lighting

81

10

214 20

404

Packard Motors ...... 74 Paramount

Pennsylvania RR, Phelps Dodge

121.*

291

Phillips Petroleum 50

Public Service of N... 38 Pullman Inc.

Pure Oli

St. Joseph Lead Co.

8 up

Board of Directors. G. Miskin, Esq.,

Chairman.

J. R. Masson, Esq. K. S. Morrison, Esq.. Hon. Mr. J. J. Paterson, T. E. Pearce, Esq.,

A L. Shields, Esq.,

Sir Vandeleur M. Graybum,

Chief Manager.

Amoy Bangkok Batavia Bombay Calcutta

Canton Chefoo Colombo Dairet

Branches:— Iloilo Ipob Jobore Kobe Kowloon Kuala

Peiping

Penang

Rangoon

Saigon'

San Fran

cisco

Lumpur Shanghai:

London Lyons

Singapore

Sourabaya Sungei

Pataui Tientain

ia

Malacca 483. Foochow

Haiphong Mapila Hamburg Muar Hankow (Jokere) Tokyo Horbin Mukden Tsingtas Hongkew New York Yokohama

Current Accounts opened 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.

Also up to date Safe Deposit. Boxes in various sizes To Let. Hong Kong, 19th May, 1937.

བྷིཀྑུ ཊྚཀྑe, ནཱིཚཊྚཊྛཱ iaཝཾགཙྪཱ=གློཛཟླ €u8ཊྛཨཱགནྡྷནིཾ ཋཱནྟིཾ ནཱགརུཚོ། དྷངྒཊྛིཏྲྰཾནཱཐཱཊྛཱཡཱནཱ= ཛོཔྤཏྟཊྛནཱཊྚཨོནཾ བྷདྡྷིསྶ བྷིཀྑུxཀཱ ཝེ ཡྻཾaཊྛིཊྛཔྤཏྟཏྟཱ བྷོབྷིདྡྷི

BONG KONG SAVINGS BANK

HE Business of the above

TBank is conducted by the HONG KONG & SHANGHAI BANKING CORPORATION, Rules may be obtained on application,

For the HONG KONG & SHANGELI

BANKING CORPORATION,

V. M. GRAYBURN,

Chief Manager.

Hong Kong, 1st March, 1937.

157

Radio Corpn of Am. Republic Steel

25

Reynolds Tobac. "B" 49

Schenley ..

371

Schenley 51% pf.

877.

Sears Roebuck

75

80

Shell Union Oil

204

521

k

Socony-Vacuum

la

Southern Cal Edison 22

Southern Pacific

311

Sothern Kly 8% pf. 10

Stand Brands ...........

102

Stand Gas & Elec.

51

Stand Gas & Elec

53)

pl......

334

Standard O of N.J. 661

Sterling Products 63

Swift International 27)

Authorised Capital 10,000,000.00 Paid-up Capital 5,598,600'00 Reserve and Undivided

Prosta

2,776,726,76

HEAD OFFICE:-Hosa Koza

Technicolor

51

H.K. Bank, $1570. Union Insurance, $525. Indo-China (Pref> $51. Indo-China (Def.) $43, Providents (Old), $2.05. H.K. Lands, $30. Peak Trams (Old), $5. Peak Trams (New), $21.

H.K. Ropes, $31.

Wm. Powell, Ltd., 40 cts.

Vibro Pling; $41.

Celanese Corpn. of

America

Certain-Teed P'ducta Chesapeake Corpn. 91 Chesapeake & Ohio 20 Chrysler Corpn. Columbia Cas & M. 192 Columbia 5% "A" DI. 21 Commercial Credit 431 Commercial Solvents 30 Commonwealth & 8 124 Commonwealth

$6 cum. pf...... Consolidated Edison 38 Consolidated Ou

5911 Continental Oil ..... Corn. Products

Curtiss Wright (C) 14 Curtiss-Wright "A"-25} Delaware & Hudson 114 Del. Lackawanna &

Western

Do. (pref.).....

Industrials

Caldbook, ord

$190

Macgregora (pref.)8.

Canton Icos

42

512)

Cemente

*********

Kupus

$12.00

34

Miscellaneous

$94

Dairy Farma...

10

Ch. E'tainment. $3,45

$241

Star Ferries, $19.

H.R. Electrics, $54.

$1.00

Constructions, (old)

11.60

$1.00

Do.

10

Lane Crawfords........

(ADP) $1

19.30

Nanyang Tobacco....

216

Sinceres...............

$14

Marsmans (H.Kr. 3/3d.

Watsons

$4

SELLERS

S. C. Enterprises

-HK SteamboALS, $TO,"

81%

U.G.621925G. Bds.

98%

B. love, 4% Loans

$107

Do, 31%

$102

Wallace Harper .................

H.K. Govt. 4% Loan, 716 Prm. H.K. Govt. 31% Loan, 21 Prm. Wallace Harper $5.

109

360

H.K Wing Ou

Distillers Corpn Bea

SALES

161

S'hai Do

Tams

! ! !

$50

H.K. Bank. 31570.

Vibro Piling

$42

D

glas Aircraft.....

37

22/8

Maramans I v. (Lon.)

Wm. Pora!ls

(H.K.)

Union Insurance, $530. H.K. & W. Docks, $261.

D Pont..........*** 144+

Etric Boat

131

41

Texas Gulf Sulphur 331

bon.

113

32

Un. Airline Trans-

port

United Corpn.

United, Corp. $3 331

cum pl.....se

BANK OF EAST ASIA, LIMITED.

No. 10, Des Voeux Road, Central.

Beard of Directors -

AGENCIES AND BRANCHES: ALOR STAR

ILOILO

BALGON 1год BANGKOK KARACHI

SEMARANG

SEREMBAN

BATAVIA

BOMBAY

KLANG KOBS

SHANGILI

SINGAPORE

CALCUTTA KUALA

CANTON

LUMPUR

SITIAWAN SOUZABATA

CAWNPORE

KUCHING

TAIPING

MADRAS

COLOMBO

MANILA

TOEGIAN

DELHI

MEDAN

HAIPHONG

NEW YORK

TSINGTAO

HAMBURG

PRIPINO

BANKUW

BARDIN

CU

TIRNYBIN

(Bhuket)

YOKOHAMA

(Peking) satBOAM GIA

PENANG

HONG KONG KANDUON

4.

FOREIGN EXCHANGE and Genera) Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or

shorter periods at rater which will be quoted on applica tion.

The Bank's Head Office in Lon" don undertakes Executor. & Trustos 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 CHASE BANK

15, QUEEN'S ROAD CENTRAL

READ OFFICE:.

19, P STREES,

NEW YORK.

An American Bank offering com. plate Foreign Banking Service in the principal Markete of the world. Interest Rates on Application.

SAFE DEPOSIT BOXES This Bank is entirely owned by THE CHASE NATIONAL BANE, NIW Your, with Resources over U.. $2,500,000,000,

D. M. BIGGAR,

Manager.

BANK OF CHINA

Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE

BANK: PAID-UP CAPITAL 210,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerous Branches in China and connections in the Wong Yun Tong Caq Kan Ying for Esq. principal Commercial Centres of

Sir Shougon Chow, Chairman Li Koon Chun, Esq. Li Lan Sang, Esq.

Kwok

WongChuSon, Esq.

FungPing Wah,

Esq, the World, we are able to extend

to our Clients special facilities for Domestic and Foreign Banking and Exchange..

Head Office: SHANGHAI

Hongkong Branch: QUEEN'S ROAD, C South China Offices:

KONGMOON TOISHAN KINGCHOW

We also handle the issue of Bonds -approved· and other Public Funds of the Acconata opened in Chinese Government both at Home

SHOU J. CHEN

Tidewater Assoe, Ol TBL

Timken-Detroit Axie

191

Transamerjea

133

20th Cent. Fox Filma 291 291

20th Cent. Fox Films

Chan Ching Shek.

pl.

36 *

Esq.

Un. Carbide & Car-

881

Kan Toug Po, eg, Chief Manager.

Un. Pacific

105

Li Tse Fong, Esq., Manager.

United Aircraft

Branches and Agencies ;—

Amoy

57

Babaria

Rangoon

Kowloon Penang Bourday's London

Swatow

Bombay

Dalcutta

844

Haiphong

118

Hankow

Un. Gaa 'provem't

Honolulu

Manila Melbourne San Fran. Magnenki New York, enti Vaaka Faris

Baigut

Sydory

Talhoku

-elago

Tinqtala

Tokyo

Semarang! Shangha Tokotams

"anoatler

Kobe

Paping

-pora

55

Up. Light & power

CANTON SWATOW

41.

Firestone Tire & R

Gen. Asphalt Gen. Cigar

"A" US. Industrial Alco-

fol

Every description of Hanking SHIUCHOW

251*, 253*

and Exchange business transacted.

19

19

Loans granted, on-

U.S. Rubber

40

281

271

79

US Rubber $8 pi

securities: Current

331

33

US. Steel

81

80 Local Currency and Fixed Do and Abroad,

491

.491

Vanadium

•224

posits received for one year: or

284.

251

Warner Bros Pict.... 104

3211

32

Westinghouse

Youngstown

Bec, 1174

Sheet..

shorter periods in Local and

will be quoted on application,

Foreign Currencies on terms which

Manager.

3

318 31. 204 201 691* 69 301

& Tubes

Safe Deposit Boxes To Let.

571

Chase National B. 40 *.

National City Bank 351* . 351*

·301

Call Money

1%%

I ez div

BIG

KAN TONG PO.

Ghiel Manager.

CHEAPER WOOL

THE YOKOHAMA SPECIE BANK

LIMITED

Capital (fully paid up)

Yen 100,000,000 or Reserve Fund Yon 134,400,000.00

5 To 15 Per Cent. Fall,

In London

NEWS

HEAD OFFICE:-YOKOHAMA

BRANCHES AND AGENCIES AT Wool prices declined at the Alexandria Honolulu Rangoon opening of the London colonial Bangkok Hainking Bio do

Karachi auctions recently, the falls rang-Batavia

San

Bombay Caloutta Canton Dairon Fengtien

London

Janeiro

Franoisso

Los Angeles Seattle

Alsoila Moji

(Dalny) Nagasaki

Nagoya Soarabaya

(Mukden) New York Bydney

Semarang Shanghai Singapore

Hamburg Osaka Hankow

Tientsin

Tokyo Tsingtao

#0 eta.

*Sales to Shy nghai

LONDON EXCHANGE RATES

(British Wireless Service}

Sept. 30"

Parts Geneva

144-37/64

1.551

Berlin

12.33

Athens

Milan

941

Oct. 2 141-11/15 21.671 12.343

911

Copenhagen

Stockholm

Shanghai

New York

Amsterdam

4,951 8.95;

4.95-9/10

Vienna

Prague

Madrid

Lisbon

Hong Kong

Bombay

Montreal

4.95 29.403

4.95-9/18 29.42

Brussels

Yokohama

Belgrade

Monte Video

Rio

Bucharest

Silver (Spot)

Bilver (Forward) iisaaa

War Loan

Da LONDON: --

19-11/101

19-13/16 34% 1001

Closing Quotations

October 4, 1937.

Telegraphic Transfor... Bank Bille, on demand 1/2

Oredits, four month

right ......

ON SHANGHAI:-

On Demand

On SingaporE:--

On demand

ON JAPAN:---

On demand

Sht. INDIA

19-13/16 197

ON NEW YORK:-

Bank Bille, on demand 3011/18 Credits, 50 days', sight, 31 3/16 Ox BATAVIA: day

ON PARIS:-

Op demand........................ 53 8/18 Bank Billa, on demand $1 Credits, 4 month's sight 930

ON SAIGON:-

1/34

1021

On demand

521

ON MANILA:-

100

Telegraphie Transfer... }ug

Bank, on demand.

An demand

ON BANGKOK:-

On demand ******

FOVERLIGNS Bank Buying

Rate

911

011

1498

comuniquerie 3/31/18 BAR SILVER DAY 19

H.K. Electrics, $54).

HONG KONG AND

S. RHODESIA

Elec. Bond & bare 121 Elec. Bond & Share

$5 pt...... Elec. Bond & Share

$8 pt. Elec Power & Light 15 Elec Power & Light

New Stipulation Rep.

Exports

Early this year local exporters were warmed by the Hong Kong General Chamber of Commerce through the Press that Customs requirements In Southern Rhode- sia, in respect of goods for whieb British Imperial Preference is claimed, had been varied as from January 1, 1937.

The geneal effect of these changes was to increase the Empire requirement in cotton yarns and; plece goods. to 33-1/3 per cent.4 (whereas elsewhere it is 25 per cent). All other goods (hitherto 25

per cent. Empire content) must in future show 50 per cent. These Increases in Empire con- tent have closed the Bouthern Rhodesia market to certain classes of Hong Kong made goods.

FURTHER STIPULATION

Gen. Electric Gen. Foody Gen. Motora Gen. Railway Signa! Gillette Safety Razor Glidden Gold Drist Goodrich (B.F.) Goodrich $5 pt. Goodyear

4

PHILIPPINE MINING

best greasy merino to 15 per cent for the finer slipe crossbreda com- pared with the close of the last series on July 16. Yorkshires and other home buyers were active.

Kobe SAN JOSE MINING Association mine what kind of equipment is ing, from 5 per cent, for Australian Berlin reports that systematic develop-necessary for the recovery of gold. Now comes a further stipula ment has been started on its San tion that, as from October 1, 1937, Jose. Pangasinan, placer property, Inc. has done considerable tren- EAST SURIGAO GOLDFIELDS, all goods exported to Southern upon the recommendation of Min-ching and tunneling work on its Rhodesia under Imperial Prefer- ing and Metallurgical Engineers, Hinatuan, Surigao property, ac- ence must be accompanied by ac- Inc. The management announced cording, to its officezs. Santos C. countanta certificates that the that the exploitation of the pro-Murillo.. mining engineer requirements as to Empire con- perty has been carried on under examined the claims reported to is P1,000,000 corporation, or

who tent have been complied with.. the supervision of Mining and the, management that it has pos-ganized to develop 30 lode gold

Unless accountants certificates Metallurgical Engineers. Several sibilities of commercial values at

Harbin Parin are made general manufacturers pits have been dug out and the depth. The engineer further board of

claims and 10 placer claims. The

Hong KongPeiping Tinkow will naturally be unwilling to in-resulta were encouraging.

Interest allowed on Current Ab trustees are stated in his report that 30 to 40 Gabaldon, Jose D. Cortes, Exequiel Deposits received for

Isauro

counts... cur the expense of them to cover Amado N. Vicente, member of experienced labourers should be 8. Zaballero, Herando. C. Cor- Perioda at rates to be obtained on Fixed a small part of their output. This the board of directors, has volun-employed under an able foreman to new requirement, will therefore teered to finance the continuation determine the extent of the Bonilla and former Justice Clara

vera, and Jose J. Roy. Pedro application, act as a further hindrance to of the mining operations now be valueOS EN SA

Y. KANO, ing undertaken, so as to deter-

M. Recto are the auditor and legal The East Burigao Goldfields, Inc. counsel respectively."

trade...

Manager. Hong Kong, 11th Sept., 1937.