12
DAILY SHARE QUOTATIONS
**!!!!
Exchange
$1,835/60
Hong
Kono Stock
Sharebrokers'
Association
WEDNESDAY.
Bayase elle
- Neudad
Haydi
Bellera Bales
Fina
NOV. 10.
Banka
$1,630)
£100 21st
231 £1
H.K. Banks ***........... $1,820
Bo. (London)... Chartored Banks... Mercantile Hks. "à ̈
£100 213
£331
£151
100
Bank of East Asia...
$88
N. O. & S. Bark........
12
Insurances
3270
Canton lura 1094...
F265
SALT
· 5617)
$1.00
Union Insursuos... $517) Underwriter.
ATLAGN
113
$800
H.K. Fires.
TENY
$200
international Assed, 3,
Shipping
#48)
Dongleses
19
Steam was
Indo-Chinas (prof.)
Do.
(def.)
i+
સર્ક
1117
:: 3
30 et 40 cl.)
·$287
$5,30 132
Do.
91/104) Shells ............**
Waterbosta
19.30
Mining
14/
Kailane
"
Docks, Wharvus,
148)
19
301
143
91/10
19.30
14/8
18.05
14
19.35
Venezuela Gold Fidu.
Godowns, etc.
H.K. & K. Wharton. Providents (old) ... Do. (new) HK & W. Blocks Shangast Docks 8. New Eaginoorings 8. Lands, Hotels, and Bui dings
328
9116
32.36
43 eta.
21
$10J
$3
13.60
H.K. Hotels
15
H.R Lam.8.
1000
Do. 4%. Debentures
#31 3102
Shanghai Landa....
3.33
THY 383 ∙B25.10 $25
$1.85
盛
186
!now.
$3,40
$132
184
Metropolitan Lands..
H.K. Keulties... $4.50
Chian Du.................
Do. Delontare.
Humphreys
Chinese Estates.....
Cotton Mill
ES........... $13
Sta Cottons(uld/S.
Du
Zoong Sings
Wing On Textiles.
Ewn Cotton Rta, 8.
Pablle Utilities
Traniways...UREKALDERDİ
Poak Trams (old) ........
Do.
(new)...
Star Ferries .........
Yeuwsli Ferries... $243
China Lights (old)...) (1)
Do. (DOW)...
H.K. Electrics
...... $851
128 8601
ง
1:1.70
158
317
Macno do.
$19
Sandakan Light...
125
Telophouse (old)
120
$9.31
Do. (new)
$91
China Bassand
23/9
Tracticas
£8/6
23/-
Do.
(pret.)..
!!!!
$1.90
"Industrials
Caldbeck, art.3 8.
Mucgregors (pref.18,
Canton loos
$12.66 Cements
$3.89 Bope
Miscellaneous
Dairy Fartus....
$87
334
340
$13.00
Th
$74
$83
$25
+</
$11.70
ཚེ་
HONG KONG
DAILY PRESS. FRIDAY, NOVEMBER 12, 1937.
RENONG TIN DREDGING
· New Dredge For Gombak
The twenty-fourth annual gen- eral meeting of the Renong Tin Dredging Company. Ltd., was held. at Winchester House, E.C.
£49.790
Mr. A. E. Percy, F. C... A. (the chairman), said: The profit of £70,086 compares with last year, due to increased ton- combined with a higher nage. price for tin. The directors re- commend a final dividend of 20 per cent, less tax making 271 per cent. for the year.
Hl
There is an amount written off "difference on realisation of In- other In " £3.009." vestments words, we realised by the sale of Investments 23.009 less than they cost.
During the last seven years our accounts have been credited with
from
profits on invest- £8,000 ments realised, so that, on balance we have earned a net £5,000 in addition to the annual interest received. We realised these in- with the knowledge vestments
next that in the course of the year we should require a very sub stantial part of the cash for pur- for our dredge chasing a Gombak, estate.
new
THE GOMBAK PROPERTY We acquired the Gombak pro perty nine years ago, and we have had to report year after year that the property could not be develop- ed owing to the Tin Restriction Scheme. At last the Government States of the Federated Malay has raised its embargo upon the properties of new development and we have been successful in obtaining a production' assessment which remains dormant until the property is equipped.
NEW
YORK STOCK EXCHANGE
(Through Renter's Service!
New York London Cross-rate Now York Cotton- Dec. New York Rubber-Sept Chicago Wheat --Sept. -Sept. Chicago Corn Winnipeg Whont-Oct. Silver Ufficial
1937
High Low Dow Jones Averages 12440, 133 98 - 50 Industrialr
64.48 20.03 20 Railt $7.04 19.65
83.44 69.57
Bendix Aviation Bethlehem Steel Boeing Airplane Borden Co Briggs
M'facturing Brooklyn-Manhattan
Trans
י
Business Done: -1,970 shares,
BANKS
HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION
Authorised Capital
Issued & Fully Paid-Up $20,000,000
· AUSTRALIA AND CHINA
$50,000,000
Incarporated" by Royal Charter 1957
rj
HEAD OFFICE; LONDON:
Sterling
£8,500,000
Hong Kong Currency
Reserve
Reserve Funds:-
KARACHI
(Bhuket)
Reserve Liability of
Proprietors
38, Bishopsgate RC.2
.....$10,000,000 | Paid-up Capital ........
Reserva Fund ..... $20,000,000 | Reserve Liability of pro-
prietors..
Head Office:-HONG KONG
Board of Directora. Q. Miskin, Esq.,
Chairman.
I.
63.090.000 ................. £3.000.000
£3.800.000
MANCHESTER BRANCH: 71. Mosley Street, Manchester.
AGENCIES AND BRANCHES:
ALON STAN
BANGKOK
Deputy Chairman, AMRITSAR 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,
Sir Vandeleur M. Grayburn,
Branches:-- · Iloilo Poiping
Penang
Rangeon
Lumpur Shanghai
Singapore Sourabaya Sungei
Patani
(Johore) Tokyo
Tsingtas New York Yokohama
Accounts opened in Current Local Currency and Fixed Deposits received for one year or shorter periods in Local Currency and terms which will be Sterling on quoted on application.
Also up to date Sale Deposit Boxes in various sizes To Let.
Hong Kong, 12th May, 1937. HONG KONG SAVINGS BANK
HE Business of the above conducted by the KONG & SHANGHAI HONG BANKING CORPORATION. Rales may be obtained on application,
For the HONG KONG & SHANGRAI
BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager,
Hong Kong 1st March, 1937. ---
BANK OF EAST ASIA,
Itoile
(POR
BATAVIA KLANG
CELT
KAIGOM
BEMARANO BROTHAN
#MAM QUAI SINGAPORN
- SITIAWAN
·BOULAMAYA TALPING
TERSTEIX
TOKOBAMA
(Peking)- sammQAR QA PENANG
HONG KONG MANOOON
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or shorter periods at rates which will be quoted on applica- tion.
The Bank's Head Office in Lon don undertakes Executor & Trustee of business, and claims recovery British Income Tax overpaid, on terms which may be ascertained st any of the Agencies and Branches
RW. ROBERTS,
Manager
THE CRASE BANK
15, QUEEN'S ROAD CENTRAL
HEAD OFFICE:
18, PINE STREKT,
NEW YORK
An American Bank offering com
plete 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, Naw Yont, with Resources over U.S. *$2,500,000,000.
D. M. BIGGAR,
Manager
Tientsin
QUOTATIONS
New York: November 11.
87# 69
10
Last
Change High Low Close Closs.
8.00 449-15/16 1/ 6 off 7.55 7.60 7,68 ol up 7.93 15. 1440 14.97 1801
.7 up NA Bi 561 56 111 110
Today's
it up
air
442
17 up unch.
Nov. 9.
High Low Close Change
128.18
133 53 199,63 192.16
6 60 up
Hon. Mr. M. T. Johnson,
32.08
34.11 32.:8 34. 3
1.95 up
Utilica
21.00
23.52 29.60
$1,48
106 89 93.0.
*: Bonds
13.12
93.38
Commodity index 53:5
8.3.2
1.03 up .26 up 30 up
BOMBAY
KORE
CALCUTTA KUALA
CANTON
LUMFUN
CAWNPORE
KUCHIXO
Last Sale
i
Stock#- Adams Express
Nov. 9
10
Stocks
Nov. 9
Last quie
10
T. E. Pearce, Esq.,...
MADRAS
COLUMBO
101
111
Great Northern Aly.
261
291
A. L Shields, Esq.,
MANILA
TOEGKAN
DELHI
MED.N
Allis Chalmers Amer, Can
431
471
Great Western Sugar
294
291
8ti
89
Holly Sugar Corpn.
Chief Manager.
HAIPHONG
|
NEW YONE
TSINGTAO
HAMBURU
PRIFING
Am. Car & Foundry
Humble Ou
571
62
BANKOW
Amer. Cyanamid
241
251
Int. Nickel
#
451
HARRIN
Anier. & For, Power
41
51
int. Tel. & Tel
7
ย
Amoy
Amer. & For, $7 pr
26
271
Int. Dept Stores
15
107
Bangkok
Ipoh
Amer. Locomotive ..
18
201
Kennecott Copper
412.
421
Batavia
Johore
Bombay
Kobe
201
321
Amer. Metals...: Amer, Radiator
Lambert Corpm......
Calcutta
Kowloon
121
131
Loew's Inc.
57&
80%
Canton
Kuala
Saigon San Fran
cisco
Amer, Rolling Mill
-24-
251
"Lorillard
171 18
Chatea
477
52
McIntyre Porcupine
Colombo
London
Amer. Smelting
McKesson & Robbins. 14
141
Daires
Lyuns
Amer. Steel Fartes..
291°
301
Monsanto Chemical 81
83
Foochow
Malacca
Amer. Sugar .... Amer. Tel. & Tel...
1491
1511
Montgomery Ward
38
401
21:
711
Amer. Tobacco "B"
Murray Corpo.
Hamburg Muar
Haiphong Mauila
N
121
142
Nat Cash Registor
102
Hankow
21
Amer. Waterworks ...
27A
301
Anaconda Copper
Nat Dairy Products
15
15)
Harbin
Mukden
Hongkow
371
414
Nat Distillers
221
231
Atchison, T. & 8. Fe. Atlantic Refining
Nat "Power & Light
81
87
81
10
New York Central...
19%
201
Atlas Corpo. .............................. Auburn Motors Baldwin Locomotive
*
01
Niagara Hudson P.
Сотрп
83.
North American
211
244
$7 cum. pl.
Baltimore & Ohio.....
122
Northern Pacing .....
121
143
Fl
143
Pacific Gas & Elec.
251
27
Barnsdall C
Pacific Lighting
98
38%
46
· 531
Packard Motors
51
52
221
Paramount
102
1041
191
191
Pennsylvania R.R.
23
244
254
Phelps Dodge
Phillips Petroleum
422
451
127
Public Service of NJ.
36
38
Brooklyn-Manhattan
$8 cum pi. Case, J.L Canadian Pacie Celanese Corph. of
America Cerro de Pasco... Certain-Teed P'ducts Corpn. Chesapeake Chesapeake & Ohlo Chrysler Corpn. H Columbia Gas & El
2 Columbla 6% "A" pf.
Credit 411 Commerciel Commercial Solvents
$6 Commonwealth & 8 Commonwealth
cum. pt. Consolidated Edison Consolidated Ou Continental Of ...... Corn. Products Curtiss Wright (C) Curtis Wright ."A" Delaware & Kindson Del Lackawanna &
Pullman Incu........
27 ⚫ 281
Pure Ol
1311
134
941
Radio Corpn of Am
811
77
Republic Steel
183
192
Reynolds, Tobac, "B"
451
461
221
33
St. Joseph Lead Co.
28+
29
Schenley
77*
78 *
Schenley 51% pt.
691
71
Sears Roebuck
624
851
791
Shell Union Oil
17
181
· LIMITED.
411
153 16)
Socoay-Vacuum
8
81
Southern Cal Edison'
20%
211
Southern Paciac.....
134
144
Authorised Capital $10,000,000.00
Paid-up Capital
5,588,600.00
Borthern Idly 5% pf:
194
221
Reserve and Undivided
251 10
81
87"
StL ad Brands
Profite
2,776,726.76
Stand
Gas & Elec.
དྷྭན་ ?
6)
Stand Gas & Elec.
6.8
71
461
sy pi.
31
Standard Oul of N.J.
401
501
55
Sterling Products
541
56
32
Swift International Technicolor
254
27
41)
431
13
Texas Gulf Sulphur
201
31
181
8
87.
Tidewater Assoc. Qil Timken-Detroit · Axle Transamerica
1437
151
-
12
12.
Western Distillers Corpn Bea.
831
20th Cent. Fox Films
234
241
20th Cent. Fox Films
291
304
162
grams Dougins Aircraft Du Pont
PL
Branches and Agencies ----
323
On. Carbide & Car-
115
122
bon
71
744
Amoy
Xowloon
Pening
Bourabaya
Bazarla
London
Bauzdin
Swężow
9:
Un. Pacific
91
931
Besbay
Marti
Salon/
bydosy
Daloutte
United Aircraft......
181
107
Cankon
Malbourne BAS BY Ofa! New York Junctke
elago
Talbo ku anted
Un, Airline
Trans-
Bankow
Jeska
port
87
91
Hogeinla Lobe.
Part
Tokyo Semarang GOUT
Yokohama Stanghal ngapor
United Corpn. ........
31
41
57
604
United Corpn.
$3
31
34
123
144
cum pi.
111
113
Un. Gas Iprovem't
Un. Light & power
44
49
37
4)
"A"
US Industrial Alco-
191
hol
20%
18
171
US Rubber
262
29
25
Gen. Electric
25)* US Rubber $8 pr. 65
65
Gen. Foodsny Gen. Motors Gen. Railway" Signal Gillette Safety Razor Glidden Gold Dust yard, Goodrich (BJ)
301
314
UB. Steel
551.
60
will be quoted on application.
40
401:
Vanadium
151
171
201*
22
Warner Bros Pict
8
81
Westinghouse
Elec, 944
1014
261
271
Youngstown
Sheet
27*
27**
& Tube ........... 383.
181
201
Chase National B. 32
58
57
National City Bank 274*
42. 321 301*
211
231
Call Money
-
1x dir
1/
• Bid
1
LIMITED
Capital (fully paid up)
Yen 100,000,000 DI Reserve Fund
Yen 134,400,000.00
When we acquired the lease of Gombak we prepared schemes for its development, but since that time much experience has been and designing the gained. in equipment of dredges, and our previous plans have been consi- time lost derably revised. The has not been wasted altogether. as it has enabled us to check and owti re-check this area by our staff and by independent experts, from which much additional and useful information has been ob- tained respecting the nature of the ground to be dredged.
called for tenders We have from the leading dredge makers dredge of the world to supply a which will dig to a maximum depth of 90ft, and which will also, as and when it may be necessary. deal with land of a clayey nature which is found in parts of the area. The Gombak property con- stimate tains on a conservative $106 11 to 12 million cubic yards, and #202)
the new dredge is designed to dig and treat a minimum of 150,000 euble yards per month in the most dimcult parts of the area.
62 $12.00 $3.80
295
$25
15
Cb. Etainmonte......
$47
$1.60
Constructions, (old,
31.
$1.00
De.
Loew
10
Lane Crawfords....
$7+
112
Sinceros
Watsons
1-$1,00 $4,50
S. U. Enterprises
31
1L
80%
Dren
Nanyang Tobacco... $4
844%, C.G.5419260 Bds.
prem. 177
$40
15.85
23/-
4/8
* cts
Paris
Geneva
Berlin
Athena
H.B. br. 4% Loan
Do.
30%
Wallace Harper
H.K Wing On
S'hai
Do
Vibro Piling Maramans Ir v. (Long)
(HK)
Wm. Powelle 45
-
*Sales to Shanghai
LONDON EXCHANGE RATES
(British. Wireless Service)
Νον. 10
147-5/64
21,58
12.37
4.90-15/18 9.021
$40 580
BBA
*
manager
Electric Boat ......... Elec. Borid & Share 101 Elec. Bond & Share
531 $5 pl. Elec. Bond & Share
$6 pt. Elec Power & Light Mec Power & Light
$7 pt.
The new dredge should have a much longer fe than the Gem- bag area will provide, and in de- signing the dredge provision has been made for stepping up the capacity to 250,000 cubic yards per month if necessary when this area is exhausted.
and directors Your have given long and careful con- sideration to the tenders submit-Firestone Tire & R
Flintkote ΠΟΥ about to ted,...and place the order for the dredge, Gen, Asphalt ........................... which will be equipped with the Gen: Cigar most modern machinery and de- vices for dredging and treatment. and which will at the same time be economical in its working and upkeep.
we
are
Nov. 9
147-5/64
21.581
12.381
95%
Milan
Copenhagen
19.40
Stockholm
*Shanghai
1/22
New York
5.01-1/16
Amsterdam
9.021
Vienna
Prague
1431
1417
Madrid
Lisbon
Hong Kong
Bombay
5.00%
29.39
4.90-11/16 29.38%
ing. We consider that Gombak is
a valuable asset to the company.
which in a few years' time should
* CERSE & CO ̄* §** ****** ** **⠀ ⠀ bone at
Haiphong
Esq.
granted
securities.
Current
Од
Esq.
Fi
0%
Montreal
Brussels
Yokohama
Belgrade
Monte Video
Rio
Bucharest
Silver (Forward)
Silver (Spot) ..... War Loan
On LONDON :-
191
191
31% 101-11/16
Closing Quotations
November 10, 1937.
Telegraphio Transfer...
Bank Bills, on demand }1927
Credits four months'
right
ON BHANGHAT- On Demand
ON SINGAPORE:-
19-11/16 19-11/16 36% 1014.
OF NEW YORK:-
Bank Bills, on demand 2015/16 Credite, 60 days' sight. 31 7/16 ON BATAVIA:
GB4 On demand
ON PAXIB:-
1/3
104
Bank Bills, on demand 910 Credits, 4 month' sight 980
"I: RODING KO
On demand
OF MANILA
On demand
201
On demand
On JAPAN
On demand
1001
ON BANGIO:-.
.....On..demand.
*'!
1498. BOERIONS Bank Baying win
Telegraphie Transfor..
1/31/18
Baxkon demandi
BAR GELYES. ONE, OB-
-104
yield substantial profits if tin re-
mains at anything like its pres-WORLD WHEAT CROP sent price.
I referred last year to the pos- sibility of obtaining additional
SHOWS INCREASE
Rome, Nov, I.
Figures published yesterday by
BRITAIN BUYS GOLD
FROM U.S.
New York, Nov. 11.
The United States Treasury an-
the National Institute of Agricul-nounced that $5,000,000 worth of ture reveal that the world wheat, gold is being shipped to England
for this season, excluding to-morrow. crop Russia and China, was 9 per cent higher than last year.
land adjoining our No. 2 area at Rasa, but up to the present time the Government has made no de- cision as to when this land will made available for mining. be The directors are still hopeful that when the Government consider
This increase was attributed to the time tips for the land to be worked the license will be grant- the extension of cultivated sur- ed to the Renong Company, as faces, and is due in a:large part, to We are the excellent crop in the United the two properties adjoin. also actively searching for other States, lands to which our No. 3 dredge can be transferred after it has Anished its work on our No. 3
area.
The report and accounts were unanimously adopted.
The production of wheat this season in the countries exporting the grain was larger than in the previous season. while production in countries importing wheat, al- though higher than last year, was
HEAD OFFICE:-HONG KONG No. 10, Des Voeux Road, Central.
Board of Directors.—
Sir Shouson Chow, Chairman- Li Koon Chun, Esq. Li Lan rang, Esq. P. K. Kwok, aq, WongChuson, BaQ. Wong YunTong, Esq. Kan Ying Po, Esq. Chan Ching Shok, FungPing Wah,
Kan Tong Po, Esq., Chief Manager, Li The Fong, Esq., Manager.
Perplay
Every description of Banking aud Exchange business transacted. Loans
"approved opened in Accounta Local Currency and Fixed Do- posits received for one year or Local and shorter periode in
Foreign Currencies on terms which
Safe Deposit Boxes To Let
KAN TONG PO,
Chief Manager,
THE YOKOHAMA SPECIE BANK
HEAD OFFICE:-YOKOHAMA
BRANCHER AND AGENCIES AT: Alexandria Honolulu, Rangoon Bangkok Hsinking. Bid do.
Janeiro Karachi Batavia
S80 Kobe Berlin
Francine Bombay London
Los Angeles Seattle Manila Semarang Shanghai Calcutta
Dairen Moji Canton
Seerabaya
(Dalny) Nagasaki Singapore Fengtien Nagoya gold
(Mukden) New York Sydney ster-Hamburg Osaka Hankow Otarú Harbin
It is explaind that the British Equalisation Account bought to prevent any undue rise of ling against the dollar- Reuter.
still below the average for the last seasons.
The world crop for the 1937/38 season was evaluated at 210,000,000 quintais, while the needs of the countries importing wheat amount to 145,000,000 quintals.
Paris
Tientsin
Tokyo Tinktoo
Hong KongPeiping : Vinkow --
Intercet allowed on Current Ar oounts
Deposits received for Fixed Periode at rates to be obtained er application.
Y. KANO,
Manager Hong Kong, 11th Sept; 1937.
BANK OF COMMUNICATIONS. ESTABLISHED 1908
CAPITAL RESERVE
Head Ofs:
$20,000,000
$8,000,000
14 The Bund, Shanghai
Hongkong Office:
5 Ice House Street, Hong Kong
Over 130 Branches throughout China Correspondents in all im- We portant Citics of the World offer you quick, earefni and fritid- ly service, backed up by 30 years of experience in:
FIXED DEPOSITS CHECKING ACCOUNTS
FOREIGN EXCHANGE.
SAVINGS ACCOUNTS AND OTHER BANKING FACILITIES'
T. N. LEE,
Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCILANGE
BANK
| PAID-UP CAPITAL...$40,000,000.00 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 extend to our Clients special facilities for Domestic and Foreign Banking and Exelonge
Head Office: SHANGHAI Hongkong Branch:
4, QUEEN'S ROAD;
South China Offices:
KONGMOON TOISHAN
CANTON
SWATOW SHIUCHÓW KINGCHOW
We also handle the issue of' Bonds
and other Public Funds of the Chinese Government both at Home and. Abroad.
SHOU J. CHEN
Manager.
The Gombak area is reported to contain an average of tin ore of approximately which is much about the same as Goodrich $5 pt. our present Raza area is produe-Goodyear .......
1 lb.
per
No comments yet.
Private notes are available after approval.