1937-10-07 — Page 12

Daily Press 孖剌西報 All

Series Prev Next Source

Ragare ellers

DAILY SHARE QUOTATIONS

Kong Stock Sharebrokers'

Hong

Exchange

Association

-RINT

Nani

WEDNESDAY. OCTOBER, 6,

Bellary

Hayere

Marias

(Through Kenter's Service)

QUOTATIONS

Now York: October 6

$1,576 E451

Banke

H.K. Banks

Do. (London)

Chartered Banks....

$1,05% 2081 £131

6.23 8,13 17.39 17.90

Last Today's iligh Low Close Close

495-5/16 495-3/16

4.12 3.13 17.66 17.20

107

100

1027

1031

833

Mercantile Aka. "A"

£15

Do.

ས!""

£10

$20

Bank of East Asta..i

191

N. U. & S. Backs...

Insurances

$970

Canton Ansara 10 2600

8976

Vaion Insurau...

1594

America 'bought The m: ket was very quiet. American Sil ver was quoted at 44 3/4 for Spot. Cross- The London-New York rate was quoted at 495.25. New York-London was quoted at 495.

691

639 BIE

128 123 1201

1231 448

1936,7

High

Low Dow Jones Averages. Oct., 4. 134.40 147.35 So Industrial

16119

Underwriters

་་་་་

12.

3/18.

81.40 32.93 20 Raile

2483

$10

!!!!

H.K. Firos ASPIRIN

Laternational Assen, S.)

Shipping

Douglase | $48)

Stanaib vite

"Indo-thians (pref.)

285

MARKET

Steady but slack with no busi

20 37.54 22:77 108.89 91.00 40 82.44 65.68 11

Utilities Bonds Commodity ladeä 6.02

40.43 1188 98.04

ness passing.

High Low Close Change 14907 143,01 "144.08 Bil off 10.03 380 3.68, 1.78 off 23.63 21.66 24,80 101 of

·, ឆេង $7.46 66.78 1.96 of Business Done: -1,680,000 shares.

HONG KONG DAILY PRESS.

THE EXCHANGE

MARKET ·

THURSDAY, OCTOBER 7, 1937.

NEW YORK STOCK EXCHANGE

MESSRS. ROZA BROS

Silver prices were unchanged yesterday, the quotations remain- ing at 19 15/16 for Ready and 19 13/16 for Forward. Silver advices having reported Speculators as sold.

New Yorky London Clos mu New York Cotton-Dee. New York Rubber-Sept. Chicago Wheat-Sept. -Supt. Chicago Corn Winnipeg Whear-Oct Silver Oficial

BANKS

HONG KONG AND SHANGHAY THE CHARTERED BANK OF INDIA

BANKING CORPORATION

Authorised Capital

$50,000,000 Issued & Fully Paid-Up $20,000,000 Reserve Funds:--

Reserva LEDSULT

Proprietors

Head Office:-HONG KONG

Board of Directors. th. Miskin, Esq.

Hon. Mr M. T. Johnson,

priators......

MANCHESTER BRANCH:

71. Mosley Street, Manchester."

Changt off

Sterling

£ 6,500,000

AUSTRALIA AND CHINA Inen pointed by Royal Charter 1853

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

401 up

Hong Kong Currency

el of

Reserve Liability of

2 ok

..$10,000,000 Paldius Capital

Keserve Fund .#20,000,000 | Reserve Liability of Pro-

£3.000.000

3 off

£3.000.000

anch.

Chairman.

A. H. Compton, Esq...

AGENCIES AND BRANCHES: ALUR STAZ ILOILO

1816 Deputy Chairman. AMRITSAR

BANGKOK KARACHI J. E. Bousfield, Esq.,

BATAVIA

Do. (def

101,10

Shella

19.30

Waterbeste

и Mining

16/0

101

-}}

$2.05

Kailaus .NE

Raubs.

Venezuela Gold Fld■.j 84.40-

Docks, Wharvet,

Godowns, etc.

13. & K, Wharton.

284

Providents (old)

Do.

{0} 10 ct.

H.K. & W. Docks Shanghai Docks S. Now Eaguverings 8

Lands, Hotels, - and | Burdings

H.K. Hotels

H.K Landa...........

1.1.1

፧፧፧

$51

$43

(01/10 $9.30

10/6 191

Am. Car & Foundry

Amer. Cyanamid .... Amer. & For. Power

$114

---

320

$2.07

177

$108 $3

Amer. Radiator

Do. Debenturess.

Humphreya *** Chincs Estates.

Colton Mills Ewus

S'hi Coltonstuld;S. news. 11.

Zoung Sings ...... 5.

$5.15

$5.10

$100

Do. 4% Debentures

Shanghai Lands...S.

Metropolitan Lauds..

H.70

H.A. Balties. $4.50)

Chias Du .........

ទេ

$5.08

F40

130 $102

Amer, Rolling Mill Amer. Smelting ........... Amer. "Steel Faries.. Amer. Sugar Amer. Tel & Tel... 160 Amer. Tobacco "B" 77 Amer. Waterworks Anaconda Copper ... Atchison, T. & S. Fe.

Atlantic Refining Atlas Corpn.

Auburn Motors ......

Baldwin Locomotive

313

$90

Benal Aviation

$34

$22

Wing On Textilest.)

140

Ewo Cotton Rt. S.

Pablle ülities

$12 70 $19.90) $121

$6 324

Tramways $12.75

$12.80

+++

Poak Triune (old) .....) 35)

Do.

(now)... $2.60

170

Star Ferries

380

$22

Yaunisti Ferries

3227

$6 cum, pf.

ብር

(DOW)...

116

Mincao do.

$25

$81

Chias Buses ................ß.

23/0

Tractions' stal

37.

Do.

(pref.)..

Industrials

Caldbečk, jordy A.

Mucgregors pref.;S.

$190

112.10

$121

Do.

$10.80 hins Lights (old)

H.K. Electrica 164

Sandakan Lights...

Telophones (old)...

Oo. (new)

$10.00 #10.40

Case. J.I.

Canadian Pacific

STERLING

There were sellers at 1/2 Oct ber-January and 1/2 31/32 Febr- uary, buyers at 1/3 1/32 Cash- 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 1/16 for Cash, 31 January December and probably November.

SHANGHAI DOLLARS

There were sellers at 104 5/8 tor 8pct.

SHANGHAI MARKET There were sellers of Sterling at 1/2 5/16 for Spot, buyers at 1/2 29 Dollars, sellers at 3/8. U.S. 9/16 for Spot, buyers at 29 5/5.

H. K. STOCK

EXCHANGE-

YESTERDAY'S

OFFICIAL QUOTATIONS

The market continued very dull.

SELLERS

Union Insurance, $525.

Indo-Chinas (Pref.), $51.

Indo-Chinas (Def.), $43.

Stocka Adams Express Allis Chalmers Amer. Can

Oct. 4. 5.

12+

544

983

Amer. & For. $7 pt. 321

Amer. Locomotive

Amer. Metaks

$ cum. pr.

Bethlehem Steel Boeing Airplane Borden. Co. Briggs

M'facturing 341 Brooklyn-Manhattan

Trans .....

Brooklyn-Manhattan

Great Northern Riy. 37 Great Western Bugar 311 Holly Sar· Corpn. Humble J

Int. Nickel

Int. Tel. Tel.

Int. Dept Stores .. Kennecott Copper

S. H. Dodwell, Esq.,"

Last Bale

...al Sutle

J. R. Mason, Esq.,

Stocks

K. S. Morrison, Esq.,

141 301

681

144

653

221

137

123

Baltimore & Ohio... 173 Barnsdall Ol

161

671

221

144

129

睡

#542 541/1

H.K. & Shanghal, Hotels, $5.

HK. Lands, $30.

Celanese Corpn. of

America

291

$25

H.K. Tramways, $12.70.

1.10

Peak Trams (Old), $5.

Peak Trams (New). $24.

ste

H.K. Electrics, $54.

Cements, $12.15.

HK. Ropes, $31.

Canton Icon

Cement"

Ropes .....

***

Wm. Powell, Ltd., 40 cts.

Wing On Texties, $28. Marsmans (H.K.). 3/9

112h

Cerro de Pasco ..... Certain-Tred P'ducts

87. 9+ Corpa Chesapeake Chesapeake & Ohto 80 Chrysler Corpn...... Columbis Gas & El. 104

2 Columbia 6. "A" pf.

Credit 43 Commercial Commercial Solvents 30

531

MiscellaneouK

1244

Dairy Farma ...

$241

Ch. E'tainmout

$1,60

Constructions, fold: 11.60

$3.00

$1.0

Do.

Lane Crawfords....

$8,90

Nanyang Tobacco..

Sinceres

$1,10

$45

Watsons......

S. C. Enterprises ... HOG.5%19250.38da

BOX

prem. 71%

H.E. Gort. 4% Lonus!

$107

prem. 97

Do. 31%

$102

$50

Wallace Harper ... H.K Wing Oo

ተሳ

S'hai Do

******

141

(H.K.)

145 ote

Partr

Geneva

Berlin

Athens

Milan

Oct.

150-1/16 21.56 12.341

94 3/16

Copenhagen

Shanghal New York Amsterdam

Venue

Prague

4.95-9/16

4.951

8.961

1411

Madrid

Lisbon

Hong Kong

Bombay

Montreal

Brussels

Belgrade

Vibro Piling... 23/6 Marsmans Et v. (Leon)]

Wn. Ioratin *Sales to Bhenghai

LONDON EXCHANGE

Stockholm

(British Wireless Service)

Oct. 2 141-11/16 21.571. 12.342

RATES

H.K. Steamboats, $10.

H.K. & Shanghai Hotels. $5.15. H.K. Tramways. $12.90.

Providents (Old), $2.05.

H.K. Tramways, $121.

Protecting Magnesium Alloys

From Corrosion

Much research work has been carried out on magnesium alloys with a view to improving their corrosion resistance. and, while complete success has not yet been achieved a good deal of progress has recently been made in this direction.

The remarkable results obtain- ed with the anodic-oxidation pro- cess in the case of aluminium and its alloys have prompted attempts to develop similar treatments for magnesium, and a process along these lines which has recently perfected in the laboratories of States the United

of Bureau Standards, at Washington. by Messrs R. W. Buzzard and J. H. Wilson, and 18 described in, a recent issue of the "Journal" of the

have Bureau. appears to shown up well under accelerated corrosion tests.

Commonwealth & B 12)

cum. pl. Consolidated Edison 37

611 Consolidated Oil Continental Qa....... Cars. Products Curtiss Wright (C) 14 Curtiss Wright "A" 241 Delaware & Hudson 117 Del. Lackawanna &

Western

108 Distillers Corpn Sea.

grama Douglas Aircraft Du Pont

Elec Power & Light Elec Power & Light

$7 pf..

Gen, Asphalt Gen. Cigar

SELLERS

ادار

Commonwealth

SALES

H.K. & Shanghal Hotels. $5.10.

H.K. Electrics. $541.

Cements. $121.

161

384

1421

Electric Boat

Elec. Bond & Share 121 Elec. Bond & Share

$5 pt. Elec. Bond & Share

$6 pf.

ཀྐཎྜཱ7 བྷཱཋཱཀྐོནྲྀཏྠ ནཱབྷཱབྷུཡྻ8ཧཱུཾཿཨྰཿསྶ =བྷཱ ཎྞཊྚ ནཱ 3སྐྲུན ཚཏྟིཾསཉྩཏྟོ aa ༝ ཆྱེཡྻུཡྻུཀྐོ

361

Hon. Mr. J. J. Paterson,

T. E., Pearce, Eaq..

A L. Shields, Esq.,

701

672

Sir Vandeleur M. Grayburn,

Chief Manager.

511

481

Branches:-

171

161

Amey

Hoito

Peiping

521

Bangkok

Ipoh

Penaug

Lambert Corpn. ...... Loew's Inc. Lorillard

Batavia

Johore

Rangoon

671

Bombay

Kobe

Saigon

193 19

Calcutta

Kuwloon

McIntyre Porcupine McKesson & Robbins 201 Monsanto Chemical 923 Montgomery Ward Murray Corpn........

Canton

Kuala

Chefoo

Colombo

Leudon

Dairen

Lyons

Lumpur Shanghai

Singapore Seurabaya

47) 441

Haiphong Manila

Nat Cash Registor

221

Hamburg Muar

Na Dairy Products 177 Nat Distillers

178

Hankow

271

Harbin

Mukden

(Johore) Tokyo

Tsingtas

Nat Power & Light 8 i New York Central... Niagara Hudson P.

Corpn.,

Hongkew

New York Yokohama

274

251

North American

191

Northern Pacife ...........

191

171

Pacific Gas & Elec.

274

Pacific Lighting

401

371

Packard Motors

Paramovot

125

113)

Pennsylvania R.R.

291

281

Phelps Dodge

Phillips Petroleum

501

48]

Public Service of N.J.

38%

378

Pullman Inc.

Pure Ou

151

Radio Corpn of Am.

Republic Steel ...........................

**.

214

Reynolds Tobac. "B" 491

Et. Joseph Lead Co.

Schenley

343

Schenley 51% p....

87 2

85*

Sears Roebuck

751

Shell Union Off

201

191

·Socony-Vacuum

181

161

****

Southern Cal Edison 217

211

Southern Pacific....

311

281

Southern Hly 5% pi. 191

171

Stad Brands

103

101

Stand Gas & Elec.

Reserve and Undivided

Stand Gas & Elec.

Profits

2,776,798.76

$7 pt.

33.

Standard Ou of N.J.

Sterling Products

021

Swift. International 281

001 29

Technicolor

501 451

Texta. Gulf Sulphur 33

324

Tidewater Assoc. O

181

161

Timken-Detroit Axle

18)

Transamerica

131

134

20th Cent. Fox Fums

202

261

20th Cent. Fox Films

pt.

371

301

Un. Carbide, & Car-

bon

831

Un. Pacile 106-

101

United Aircraft

213

201

Amos

Airline Trans-

Bazarla

Bombay

Manila

BWAW Bydney

58 *

port

114

101

Calcutta

Melbourne

Canton

akt

Tiantain

United Corpn.

Haiphong 31

New York

Tokya

སྤྱང་ཚེ

13A 141

មគឺ

United

Corpn. $3

asikow Chukka

Bemarso

331

Honolulu

PARSE

Shanghai

Tokabaga

cum pt.

111

Kobe

Papl

.. Ekspone

Un. Gas T'provem't

Un. Light & power

Firestone Tire & R Flintküte

"A"

0.8 Industrial Alco-

231

hol

191

281

Gen. Electric .......... Gen. Foods

ཟ། གྲཱ-་བརྐནམ་ Gen. Motors .......... Gen. Railway Signal Gillette Safety Razor Gudden

334

487

317

Gold Dustvenantenat Goodrich (BF.) w Goodrich #5 pt. Goodyear

251

B01

HESE CAREE

US. Rubber

381

Loans

granted

Од

securities.

Qurrent

Accounts opened in

Rubber $8 pf.

772 *

US. Steel

784

733

201

Vanadium

shorter periods in Local

Warner Bros Pict Westinghouse

109

Foreign Currencies on terms which,

San Fran-

cisco

Foochow Malacca Sungei

Patani Tientsio

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, 12th May, 1937. HONG KONG SAVINGS BANK

Business of the above

TBank in conducted by the BONG KONG & SHANGHAI BANKING CORPORATION. Rules may be obtained on application.

For the Hoxa KONG & SHANGH≤1

BANKING CORPORATION.

V. M. GRAYBURN,

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

BANK OF EAST ASIA, LIMITED.

Authorised Capital"...$10,000,000.00 Paid-up Capital ..........

5,598,600 00

HEAD OFFICE:-HONG KONG

No. 10, Des Voeux Road, Central.

Board of Directors:

Bir Shousod Chow, Chairman Li Koon Chun, Esq. Li Lan Sanz, E P. K. Kwok, Esq. Wong ChuSon, aq. Wong YunTong, Esq Kan Ying Pu, Esq. Chan Ching Shek. Fucking Wah,

Eng.

Esq.

Kau Tong Po, Esq., Chief Manager. Li Tse Fong, Esq., Manager,

Branches and Agencies :-

Kowloon Penang Bombay

Loudon

Kanyos Bulgon

da Fran Tibotu

actie

Vanonver

Every description of Banking

PEIPING

LAIGON

BEMARANO SEREMBAN

- SHANGHAI

SINGAPORE BITIAWAN SOURABAYA TAIPING

TIERTEIN

TONGKAR

(Bhuket)

TEIROTAO

YOKOHAMA

(Peking) camoAN GA

PENANG

HONG KONG BANGDON

FOREIGN EXCHANGE and Genera) Banking Business transacted,

CURRENT ACCOUNTS opened and FIXED DEPOSITs received for Ono Year or shorter periods at "rater which will be quoted on applica tion.

The Bank's Head Office in Lon don undertakes Executor & Trustes. business, and alaims recovery of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches

RW. ROBERTS,

Manager

THE CHASE BANK

15, QUEEN'S ROAD CENTRAL"

HEAD OFFICE:

18, PINE STRIFT,

NEW YORK:

An American Bank offering.com plets Foreign Banking Service in the principal Markets of the world.

Interest Rates on Application.

SAFE DEPOSIT BOXES

This Bank is entirely owned by THE CHASE. NATIONAL BANK, NEW YORK, with Resources over U.S. $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...340,700,000.00 (BRANCHES ALL OVER CHINA)

Owing to our numerous Branches

in China and connections in the principal Commercial Centres of the World, we are able to extand to our Clients special facilities for Domestic and Foreign Banking and Exchange:

Head Office: SHANGHAI Ilongkong Branch:

4, QUEEN'S ROAD, C

South China Officer:

and Exchange business transacted, SWATOW

approved SHIUCHOW

KONGMOON TOISHAN KINGCHOW

We also handle the issue of Bonds

Local Currency and Fixed De and other Public Funds of the posita received for one year or Chinese Government both at Home

and and Abroad.

BOXLAY

CALCUTTA CANTON

KLANG KORE KJALA

LUMPUR

CAWNPORK

CIBT

COLOMBO

KUCHING MADRAB

MANILA

DELHI

MEDAN

BALPEONG

NEW YORK

HAMBURO

BANKOW

HARBIN

CANTON

Elec, 114

1097

will be quoted on application. Safe Deposit Boxes To Let.

SHOU J. CHEN

Manager.

Youngstown

Sheet

& Tube......

56 Chase National BL 397 National City Bank 34

30.

Call Money

501 37** 324* 1

1 ex. div.

* Bid

KAN TONG PO.

Chief Hanager.

THE YOKOHAMA "SPECIE BANK

THE FUTURE LONDON|Capital (fully paid, up)

A picture of what London should Reserve Fund

Yon 100,000,000 ( Yea 134,400,000.00

LIMITED

4.85-9/16 29.42

4.954 29.42

be made to look like a quarter of

Berlin, Oct. 5.

19-13/16

191

Yokohamson,

Monte Video ....... Alo

Bucharest

Silver (Forwardi silver (Spot)

War Loan

Da LONDON: ---

Closing Quotations

October 8, 1937:

Telegraphic Transfor

Bank Bills, on demand 127

Oredite. four months'

Tight

ON SHANGHAI:-

On Demand

19-13/10 19-15/10

3% 1011

ON NEW YORK:

Bank Bills, on demand 30 11/18 Credits, 60 days' sight, 31 3/16 "ON" BATAVIA 1.

On demand ON PARIS:-

55 5/16

Bank Bills, on demand 910 Credits, 4 month's sight 900 ON SAIGON :-

On demand................. 911.

1/36,

[021

ON SINGAPOR.---

On demand

522

OF MANILA---

On demand

On JAPAN!

ON BANGKOK :—

On demand

106.

On demand

Ehr Impia

Telegraphic Traputor..

Bask on demand.....

SOVERSIONS: Bank Buying

Rate

Baw RitveR, OFF OIL.

str 1498

1/31/18

18 16/18

REICHISMARK QUOTATIONS

New York, 40.139.

Paris, 1220.00

Amsterdam, 75.625.

London, 12.329.

Parls Sterling, 149.90 to 150.00. Purls U.S. dollars, 20.27 to 30.30.- Transocean News Service.

JAPANESE WAR SUPPLIES

Shanghal, Oct. 5: Three Japan- ese transports arrived here to-day with one of the largest cargoes of to var supplies ever brought Abanghal. It is learned that in addition to munitions, the vessels unloaded 50 green-coloured mo- tor cars, 20 armoured cars and an undetermined number of tanks- Central New08.

PHILIPPINE MINING

NEWS

HOME3TAKE GOLD MINES Inc., with satisfactory results. Follow-polis. His outside investigations Bombay

ut a stockholders' meeting elected the following directors: Francisco T. Lopez, Dr. Jacobo Fajardo, Placido L. Mapa, Anselmo Trinidad, and Jose A. Montenegro. These directors haye chosen Mr. Lopez president and Dr. Fajardo as vice president. Tomas O. Magno was elected secretary-treasurer,

Bio do

Janeiro San Loudon Trancisso Los Angele.Seattle Manila Semarang.

Moji

Shanghai (Delpy) Nagasaki, Singapors Scerabays (Mukden) New York Sydney Hamburg Osaka Tientais Hankow Otaru

Fengtien Nagoya

completed, Bir Charles has started Calcutta ing the recommendations of En-

on his report and plans, which are Canton rique' Ostrea, mining engineer, the working force has been increased expected to propose fundamentai Dairen

and far-reaching changes that will to determine the extent of the vein discovered on the property. The require the full 25 years to carry road leading to the property has out if they are approved. His task been improved to facilitate the is to envisage the future develop- ment of London, and to show how transportation of necessary sup

It can be coped with in a way that plies and equipment.

will, as far as possible, convert The corporation is capitalized at the Capital into a rationally con- DUMAYOP MINES, INC., is un- F400,000. The officers are James structed centre instead of the

extensive exploration | Stevenson, president;

trame-tangled whirlpool that it is at present. As the successor and construction work, tunneling. Penn, vice-president; Henry Bass,

Wren, it is to be hoped his schemes trenching, and open cutting is go- treasurer: Hernando Corvera, sec- ing ahead on its 99 mineral Jode retary; Jose Ray. Jose. D. Cortes meet with a better fate than did

those of the great architect, claims in Solano, Nueva Vizaya, and Miguela Stevenson, directors.

dertaking

William

Tokyo Tsingtao Tinkow

Harbin Poria Hong KongPeiping

Interest allowed on Current Ao" counte

•

roceived Deposite

for Fized Periods at rates to be obtained on to application

Y. KANO,

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

a century from now will be provid-

READ OFFICE:-YOKOHAMA

ed towards the end of the year by

Sir Charles Bressey, the noted

BRANCHES AND AGENCIES AT: surveyor and town-planner, who Alexandria Honolulu Bangoon was asked in 1935 by the Minister Bangkok Hsinking of Transport to prepare a highway Batavia development survey of the Metro- Berlin

1937-10-07 — Page 12

Comments

Private Research Note