1937-10-09 — Page 12

12

DAILY SHARE QUOTATIONS

Hong

Kong Stock

Exchange

Baya

瞎

Nominal

Sharebrokers' Association

FRIDAY.

Huyers

Ballore

Malso

OCTOBER, 8.

$1,265)

A

312 S

35

រដ

164

$24:00)

11:19:

40 cta.

85.15

144:::

|31,570|

$1,560

£941

213

233

BIL

110

Banka

H.K. Banks

Bo. (London) Chartered Banks... Mercantile Bks. "A

Do.

ཟ་ (T"

Bank of Eust Asim.......).

***

£13

£33

£15 191

N. O. & S. Backs...

$2

Insurances

$270

Canton lusarančon....

$0.25

Union InsuranOSE ...

8285 1 3625

112

Underwriters

$235

H.E. Firos

international Assco.

Shipping

$48)

Douglases ....

1401.

4+

Steambabe

Indo-Chinas (pref.)

**

$10

13 $250

$51

YESTERDAY'S OFFICIAL QUOTATIONS

The market continued narrow during the past week, and inter- est failed to develop to any extent, particularly in the speculative sec- tion which early on relapsed into dullness.

New York: October 8

New York/London Craesente New York Cotton-Dec. New York Rubber-Sept. Chicago Wheat --Sept. Chicago Corn -Söpt. Winnipeg Wheat-Oct. Silvor-Oticial

HONG KONG DAILY PRESS. SATURDAY, OCTOBER 9, 1937.

H. K. STOCK

EXCHANGE

Wis

NEW YORK STOCK EXCHANGE

Last Today's

ofi ציו,

Through Reuter's Service!

QUOTATIONS

5.02 7.03 8. Q 17.04 16,63 17,08

High Low Close Clour Change

4.95; 4.93-7/16 1/16 off”

7,87

18.71

.3$ off

108% 101 1061

10121

Joff

ទេ

E of

1243 119

124

1106

of

*

442

unch.

Oct. 8.

High Low Close Change

147.18

17.54 92.77 20 Utilities 105.89 97.00 40 Bonds

120.47 148.70 146.59 39.89 36.63 37.48 38,67 23.81 93.68 23.94 23,07 97.31

.39 of

.3% of

33.44 65.58 11 Commodity Index 39.78

87.33 47.34

.14 off .0% up 1.42 of

Business Done: -1,190,000 shares,

si Sule

Stocka

Oct. B

7

Last Bale

#tocra Adams Express ....... Allis Chalmers

Oct. 6 7

12

50

Amer, Can

Am. Car & Foundry

Amer. Cyanamid

171

Amer. & For. Power

41.

Great Northern Riy. 38 Great Western Sugar 30* Holly Sugar Corpn. Humble O............ 67 int Nickel

int. Tel. Tel.

BANKS

HONG KONG AND SHANGUAI THE CHARTERED BANK OF INDIA

BANKING CORPORATION

Authorised Capital

$60,000,000

Issued & Fully Paid-Up $20,000,000

Reserve Funds:-

Sterling

Hong Kong Currency

Reserve/198

Reserve Liability of

Propriators

£ 6,500,000

AUSTRALIA AND CHINA Incorporated by Royal Charter 1533

HEAD OFFICE: LONDON:

38, Bishopsgate E.C.2.

$10,000,000 Paldiup Capital.

Reserve Fund Reserve Liablity of Pro. priators

..$20,000,000

Head Office:--HONG KONG

Board of Directors. Miskin, Esq.,

Chairman,

Hon. Mr. M. T. Johnson,

Deputy Chairman,

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

J. R. Mason, Esq

K. 5. Morrison, Esq.,

Hor. Mr. J. J. Paterson,

1. E. Pearce, Esq.,

A L. Shields, Esq.,

Sir Vandelsur M. Graybara,

£3.000.000 £3.000.000

£23.000.000

MANCHESTER BRANCHE:

71. Mosley Street, Manchester.

AGENCIES AND BRANCHES: ALORSTAR ILOILO

SAIGON AMRITSAR [PUB

SEMARANG BANGKOK KARACHI

'There

however, a certain enquiry for Investments, and bust- ness, on a minor scale,' was trans- acted at slightly better prices.

A small but persistent demand continued in the sterling section. Other insurance shares found sup- part only at receding prices.

BUSINESS DONE DURING '

THE WEEK

H.K. Banks, $1570, $1575, $1570,

$1685.

Union Insurance, $530, $525.

H.K. Fires, $235.

Wharves, 3113.

Docks, $27, $261.

Do..

(det)

$43

90:4)

Shelly

90/41

19.30

Waterboate

39.30

Mining

18/74

Kailana

15/8

$101

191

Bank of E. Asia, $90.

Vetuzuela Gold Fidu. "$4,40

Decks, Wharves,

Codan, ate.

5113

H.R. & K. What mo

$113

32

Prondents (oldƒ'

12

Do.

(new))

35 cts.

1261

:

1. & W. Douks Shanghai Ducks S.

New Bagusting 8. Lands, Hotels, and Bondings

H.K. Hote

1.K Lands..........

126)

$100 13

$5.05

Providents (Old), $2.05, $2. Hotels, 35.35, 35.30, $5.10. Realties. $4.55.

.... Tramways,. $13, $123.

China Lights (Old), $10.80.

Electrics, $55, $541, $54). $54...

$54.

Telephones (Old), $24.70, $24.60.

Cements, $12. 121.

4

Dalry Farms. $249.

13)

$243.

Do. 4% Debentures

$102

Shangtini Lauda...

Metropolitas Lands..

Ropes, $3.80.

H.X, Healties.

84.00

Chize Dy. ...

Do. Oulunturess.

Humphrey

191

Chinese Estates..

CHANGES (3.15 p.m.) CLOSING

QUOTATIONS

BUYERS

H.K. Banks, $1570.

Providents (Old). $2.

Cotton Mill.

EWON

Shu Cottona(uld)S,

-1

Jews.

Zaxing Sungs" S

Wing On Textiles S.)

Unions. $522.

$13

190

Trams. $12.90.

#34

Dairy Farms;.. $24.70.

$40

SALES

Ewe Cotton Rts. S.

H.K. Banks, $1505.

Public Ull&Des

Unions, $525.

Train ways............

$12.80

Providents (Old), $2.

Peak Trims (old)...] 18}

Do (new)... 12.60

H.K. Electrics, $54.

170

'Star Ferries

$80

$121

Yatmalı Ferries

:221

$22

Dairy Farms,- $241.

$10.80

3542

+16

$146

82.70

23/9

23/-

324.7

$21.70

28.10

5418

$3.80

፡፡

$10.80) Chian Lights (old).......

Do. (new).....]

H.K. Electri...

Macau do

Sandakan Lights.

Telephones (old)

Do. (new)

China Busur. S.

Tractions to

Do.

(pre).....

Industria la

Caldbeck, and S. Macgregora(profið.

$190 Caston loan

10

$1.50

$1.00

18

L༞༞༞

Cement Hopes......

Miscellaneous

Dairy Farmor..

Ch. E'tainmenta... 33.90 Constructions, (old) $1.00

Do,

'AHET'

Lane Crawfords......

Naayang Tobacco..

*

F

$12+ $4

3245

Telephones (Old), $24.60/75.

THE EXCHANGE

MARKET

MESSRS. ROZA BROS

Silver prices rose 1/16 yester- day for both deliveries, the quota- Mans being 19 15/18 for Ready and 19 7/8 for Forward. Sliver advices reported India as having bought. Offerings were small. The market was very quiet.

The London-New York cross- rate was quoted at 495.40. New York-London was quoted at 495.- 7/16.

$1

18,00

น

Sinceres

131.10

$42

Watsons

othe↑

$4

MARKET

S. C. Enterpri

31

Very quiet.

817,

Cu.0.521925 G‚@ Bau, )

80%

prex. 710 prem. 2%

IK. Govt, 4% L

$107

Do.

3+%

$102

$40

Wallace Harper

B.K. Wing On

S'bai De.

Vibro Piling

23/9 Maramans Ir v. (Lon.

***

F45

$60

1936/7

High Low Dow Jones Averages, 194.40 147.38 50 Industrials

84.46 38.93 20 Raile

Amer. & For. 17 př.. 314 Amer. Locomotive

Amer. Metals

Amer. Radiator

5. 351

291..

Amer Ruling Mill ..

Amer. Smelting

Amer. Steel Pdries.

Amer. Sugar

Amer. Tel. & Tel.. 1591 1572

Amer. Tobacco "3" 76

Amer. Waterworks Anaconda Copper

Atchison, T. 8. Fe. 631 Atlantic Refining

Atlas Corpn.

Auburn Motors

Baldwin Locomotive

$7 tum

pf.

Baltimore & Ohio... Barnsdall Q!!

Benalx Aviation Bethlehem Steel Boeing Airplane Borden Co. Briggs

ཙ

M1acturing 321

Brooklyn-Manhattan

Trans

Brooklyn-Mannatian

58 cum. pt.

Case. J.I.

Canadian Paclic

Celanese Corpn. of

America

FORMA

1201

יד

128

.98 € 7 = ¤ ¤ ¤ ¤ 7 æeTE

ཝཚོ,

ཨྠ་ྲEE

HÊ `

ཚ ཙྩུཊྛཱརཱ

~ og

ཏྠོ

⠀

ཨཉྙཎྜཡྻུནྡྷZ

**¤¤~**£

85***IN¤ & F⠀⠀⠀⠀

gཎྞབྷཱཡོགžཐཱ

* ** * **** *8*

ཀནཱ

Cerro de Pasco ...... Certain-Teed P'ducta Chesapeake Corpn. Chesapeake & Ohlo 80 Chrysler Corpn. Columbia Gas & El Columbla 6% "A" pí. Commercial Commercial Solvents 291 Commonwealth & S

Credit 424

Commonwealth · $0

cum. pr.

Consolidated Edison 351

Consolidated Oil Continental ou Corn, Products ......

SEREMBAN

BATAVIA

BOMBLY

ILANO KONE

AHANGHAI

SINGAPORE

CALCUTTA CANTON

KUALA

BITLAWAN

LCMPUR

BOCHABAYA

LAWNPORK CEBU

KUCHING

TAIPINO.

MADRAS

TIKATRIN

COLUMBU

MANILA

TONGKAH

DILE!

MEDAN

487

72

tnt. Dept Stores

163.

Kennecott Copper.

53

Lambert Corpa

81

Loew's Inc.

701

Lorillard

19)

McIntyre Porcupine

McKesson & Robbins

17.

Monsanto Chemical 87)

Alontgomery Ward 451

Murray Corpn........

71

Nat Cash Registor..

21

Nat Dairy Products 173

Nat Distillers"

26

Nat Power & Light

71

New York Central...

253

Magara Hudson P.

Corpn.

91

North American

203

Northern Pacifc

Pacific Gas & Elec. 27}

181

0558255898 ARE 86 8581556 81858.6on pèpääjës

(Hhuket)

HAIPHONG Chief Manager,

NEW YORK

TELNGTAO

HAMBURG

PSIPINO

YOKOHAMA

Amoy

Bangkok

Batavia.

Branches:- Lilo I pob Johore

l'eiping

Bombay

Calcutta

Canton

Kobe Kowloon Kuala

Penang Rang on Saigon

Chafoo

Colombo

Dairen

Foochow

Haiphong

Manila

Hamburg Muar

Tientsin

Hankow

218-

Cisco

Lumpur Shanghai Londori Singapore Lyons Soarabaya Malacca Sungei

Patani

(Johore) Tokyo Muhden Tsingtas

Harbin Hongkew New York Yokohama

in

Current Accounts opened Local Currency and Fixed Deposits received for one year or aborter 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,

HONG KONG SAVINGS BANK

HE Business, of the above Banks conducted by the

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

For của HỌNG KONG đi BHANGHAI

BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager.

Hong Kong, lat March, 1937.

BANK OF EAST ASIA, LIMITED.

6,598,600 00

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

Profte

2,776,798,76

HEAD OFFICE:HONG KONG

BANECW

HARLIN

(Peking) ERDANGA

PINANO

KONG TONO KANDOUN

FOREIGN EXCHANGE and General Banking Business 'transacted.

CURBEST ACCOUNTS opened and FIXED DEPOSIts received for One Year or shorter, perioda at rates which will be quoted on applica tion.

The Bank's Head Ofer 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

B. W. ROBERTS,

Manager.

r]

THE CHASE BANK

18, QUEEN'S ROAD CENTRAL

HEAD OFFICE:

18, PINE STREET,

NEW YORK.

An American Bank offering com- plete Foreign Banking Service in the principal Markets of the world. Interest Bates on Application.

SAFE DEPOSIT BOXES

This Buck is entirely owned by THE CHASE NATIONAL BANK, NIW You, with Resources over Ult $2,600,000,000.

D. M. BIGGAB,

Manager.

BANK OF CHINA

J

Specially Chartered by

621 No. 10, Des Voeux Road, Central. THE NATIONAL GOVERNMENT

· Board of Directors:- Sir Shousou Chow, Chairman

OF CHINA AS AN INTERNATIONAL EXCHANGE

BANK

Li Koon Chan, Bug. Li Lan sang, Esq. (PAID-UP CAPITAL...÷0,000,000.00

1. K. Kwok, sq. WongChuson, Faq(BRANCHES ALL OVER CHINA) Wong Yun Tong, eq. Kan Ying Pu, Bag. Chan Ching Shek

Fung Ping Wah,

Επα.

Esq.

Kan Tong Po, Eaq., Chief Manager. Li Tec Fong, Esq., Manager.,

Branches and Agencies ;—

Kowloon

Basrabaya" Bwntow

Penang Loudou Manila Saigon Bydney

Caloocta Melbourne Bar Fran-

Taboku Nagmaaki

cisco Tentan Saw York Seattle Tobya Class

Samorzogl Vancouver

Shanghal

repara

Yokohama

Every description of Banking

and Exchange business transacted. Loans grunted. .00 approved

Bacarities.

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

Head Office: SHANGHAI

Hongkong Branch:

4, QUEEN'S ROAD. C

South China Offices:

CANTON

SWATOW

SHIUCHOW

KONGMOON

TOISHAN

KINGCHOW

Current Accounts opened in We also handle the issue of Bonda Local Currency and Fixed De and other Public Funds of the

Pacific Lighting

39;

Packard Motors ......

....

€1

Paramovat

119

-

Pennsylvania R.R.

27

262

Phelps Dodge

Phillips Petroleum

471

I

Public Service of N.J.

374

Pullman Inc.

Pure Oil

141

Radio Corpn of Am.

91

Republic Steel

22%

Reynolds Tobac. "B"

471

St. Joseph Lead Co.

Schenley

34

Schenley 51% pt.

85 *

Sears Roebuck

744

Shell Union Off

191

Sucony-Vacuum

.176

Southern Cal Edison

211

Southern Pacifc

291

Southern ly 5% pt.

18

Stad Brands

10

Stand Gas & Elec. 51

Stand Gas & Elec.

·$7 pt.

Standard Ou of N.J.

Sterling Products ...

Swift

291 54 1 62 International 27

30 5511

Technicolor

483

Texas Gulf Sulphur 321

281 48

·324

Tidewater Assoc. Ol Timken-Detroit Axle 183 Transamerica

161

161

162

13

134

138

Elec. Bond & Share 114

ཙྪཱ

ཝདྡྷསཀྑཾ a

106

20th Cent. Fox Films

28

28

20th Cent. Fox Films

pf.

33*

33 *

Un, Carbide. & Car-

1381

bon

861 861

Un. Paclic

1031

1024

United Aircraft

22

.221

Amey

Un. Airline Trank-

Bombay

53 *

port

II

10%

Centun

United Corpn.

Haiphong

31

31

fsckow

United Corpn. $3 339

33

Honolul Parks

Kobe

Peeping

com pl...anne. 114

11

4

Un Gas I'provem't

Un. Light & power

31

4

"A"

U.S. Industrial Alco-

hol

241

242

181

277

331

474

U.S. Rubber ........

36%

361

71

0.6

Rubber $8 pl.

724

posits received for one year or

יי

U.S. Steel

731

717

shorter periods in

Local

and Chinese Government both at Home

Vanadium

211

211

Warner Bros Pict....

10

10

Foreign Currencies on terms which | and Abroad. will be quoted on application.

SHOU J. UHEN

was

Gold Dust

***** 301

Westinghouse Elec. 113 Youngstown Sheet

111

32

321*

& Tube cons

51

Safe Deposit Boxes To Let

Chief Manager.

KAN TONG PO,

Manager.

513

257

66.

28

Chase National Bk. ·381* National City Bank 333* Call Money

I ex. dlv.

371*

ore are stored back of the mill as

33. IN 1%

Bid

an emergency supply.

LIMITED

In addition to the Superinten-

Curtiss Wright (C) 137

Curtiss Wright

"A" 23

Delaware & Hudson 102

Del Lackawanna &

Western

100

Paris

Geneva

Beriln

Athens

Milan

Wm. Powells

(H.K.)

*Sales to Shrngbai

LONDON EXCHANGE RATES

Copenhagen

Stöckholm

New York

(British Wireless Service)

Oct. 4 150-1/16

Oct. 6

150)

21.521 12.331

94 3/16

941

21.56

12.341

Shanghai

4.95+

Amsterdam

8.96

Vienna

Prague

1413

Madrid

Lisbon

Hong Kong

Bombay

Montreal

4.95,

Brussels

29.42

Yokohama

Belgrade

Monte Video

Rio

Bucharest

Silver (Forward)

Sliver (Spot)

War Loan

On London:-

10-13/16 19-15/16 34% 1011

Closing Quotations

October 8, 1937.

Telegraphic. Transfer....

Bank Bills, on demsad Oredits. four months'

Right

4.95-7/16 6.901

141-9/16

4.051 20.404

19-13/16 197 31% 100

145 ote.

· STERLING

There were sellers at 1/3 Octo- ber-January and 1/2 31/32 Febru- ary. buyers at 1/3 1/32 Cash- January and 1/3 Ferbuary. No business was reported.

U.S. DOLLARS There were sellers at 31 October. 30 15/16 November-December and 30 7/8 January, buyers at 31 1/16 October and 31 January-December and probably November, No. trans- actions were reported.

SHANGHAI DOLLARS Sellers at 104 11/16 for Spot.

SHANGHAI MARKET. "Sterling opened with sellers at 1/2 21/64 for Spot, buyers at 1/2 23/64. Later the selling rate.re- ceded to 1/2 5/16, buyers at 1/2 11/32 for Spot. US Dollars, opened with sellers at 29 19/32. buyers at 29 21/32 for Spot. Sub- sequently the selling rate lowered at 29 9/16, buyers bidding 29 5/8 for Spot.

The

IN THE AFTERNOON

market in the afternoon

was dull.

STERLING

The market closed with sellera at 1/3 October-January and '1/2 31/32 February, buyers at 1/3 1/32 Cash-January and 1/3 Febr- 1/32 Cash-January and 1/3 Febru- ary.

U.S. DOLLARS The market closed with sellers

at 31 October. 30 15/16 November

December and 30 7/8 January, buyers at 31 1/16 Cash and 31 January-December and probably

UN NEW YORK:-

Bank Billa, on demand 30 11/16 November, Dredits, 60 days' sight. 31 3.8 ON BATAVIA:-

(55/!?

Credits, 4 month's sight 900

22

On demand

ON, PARIS:-

P

Bánk Bille, on demand 9

ON SHANGHAI:~~~

On Demand

[ng]

ON SALON -

On demand

O SINGAPORE: -

91

On demand

ON MANILA |--

{

On JAPAN:-

D. BANGKOK :-

-On demand

tru

On demand.

149%

SOYEE UNS

Bank Buying

Batu

1/3 1/10 10 +5/16

INDIA-

Telegraphic Transfer..

Bask, op demand...

$

in demand..........

Han RIVER, THE OB-

POISON GAS IN KWANGTUNG RAIDS

Canton, Oct. 8: A despatch re- celved here to-day confirms the earlier report that the six Japan- "ese planes which ralded Tunguan on Sept. 29 dropped a number of

poison gas bomba on the villages. Scores of civilians are reported to have been badly affected.- Central News.

Distillers Coron Bea.

grams Douglas Aircraft Du Pont

Electric Boat

Elec. Bond & Share

$5 pf.

Elec. Bond & Share

$8 pl

Elec Power & Light

Elec Power & Light

$7 pf..

Firestone Tire & R Flintste

Clen. Asphalt Gen. Cigar Gen, Electric Gen. Foods Gen. Motors Gen. Railway Signal 23 Gillette Safety Razor Glidden

Goodrich (BF.) Goodrich $5 pf.. Goodyear

PHILIPPINE MINING NEWS

The President and Board of Directors of the Mineral Resources Inc. take pleasure in announcing

that their mill in Marinduque 18 completed and has started operat Ing. Experimental runs were made during the last ten days of Eeptember and continuous opera- tion has been started. It may be necessary to make adjustments for the first few weeks but so far everything has been operating satisfactorily. Flotation reagents

are being experimented with to get a maximum extraction at a m'nimum of cost.

Southwestern Engineering Com- The mill was erected by the

pany la record time and is well built and apparently very efficient. They have well demonstrated their ability in the design and construc-

ton of milling plants.

THE YOKOHAMA SPECIE BANK

dent's house and the mess hall, Capital (fully paid up) another cottage for married staff

+

Yea 100,000,000 Đ

Head Office:-YOKOHAMA

---

has been completed. Quarters for Reserve Fund Yen 134,400,000.00 labourers are being constructed concentrate and a bodega and storage is being put up at Buyabud, the provincial port from which we shall make shipments.

The market for zinc, the major product, is very strong and outlook is more favourable than as designed. for any other base metal. and can easily do 250 tons if the

LABO flotation cells are not overcrowd- Work in the main shaft at Labo ed. Power consumption for the has been suspended pending. whole mill at 192 tons is 210 change over from the new engine horsepower

the original but is now going on. estimate for 150 tons.

Owing to softness of the ore the mill has been operating at the rate of 192 tons per 24 hours instead of 150 tons

or

The haulage system is proving out as calculated and two dump trucks can casily haul 200 tons from the mine to the mill að an

BRANCHES AND Áosnoies AZPÍ Alexandria Honolulu Rangoon Bangkok Hsinking Rio do the Batavia

Karachi Janeiro Berlin Kobe

Sun Bombay London Francisco Calcatta Los Angeles Seattle Canton Manila Semarang Dairen » Moji. Shanghai

(Dalny) Nagasaki Singapore Fongtien Nagoya

Soerabaya (Mukden) New York Bydney Hamburg Osaka Tjentein Bankow Otaru Tokyo Harbin Paris

Cuts

The new discoveries on claims 71-72 are very promising. across the formation have proven the length to be several hundred A prospect shaft ja being

Lect.

estimated cost of F.0.089 per ton. put down 50 feet to crosscut the formation at depth. The oxidized surface contains considerable free gold in addition to metallic copper and chalcopyrite but it is quite probable that this will be all in sulades at depth.

Timing of the truck shows that they make a regular round trip from mine to mill in 7-1/2 minutes and actually haul two metres of

ore.

About 3,000 tons of development

Hong KongPeipiug Trinktao

Yinkow

Interest allowed on Current A counts,

Deposite received for Fixed Periods at rates to be obtained on application,

Y. KANO,"

Manager. Hong Kong, 11th Sept, 1937,