A
NDL
-FAR EAST EXPRESS
PASSENGER & FREIGHT SERVICE.
Man, Ron, B'hampton, Ratırriso, Bremen, Hamburg.
Deta
HONG KONG DAILY PRESS, WEDNESDAY, AUGUST 5, 1936.
THE EXCHANGE
MARKET
MESSKS. ROZA BROS
The price for Ready Silver was unchanged over the Holidays but the Forward rate dropped 1/16, the quotations being 19-1/2 for both deliveries, Last advices re- ceived reported India as having bought sod sold. Speculators sold. The market was steady. In America the rate" was unchanged at 44 3/4 for Spot.
The London market' was closed yesterday.
The New York-London rate was quoted at 5.01 21/33.
From Hong Kong to
Europa"
Yeah,
Ports
Trare
Saanen,
Llibas,
Antwerp,
Boltender," Hamburg, Bestur
Axy.
Gemma
Ag.
點
Straits & Ceylon
Tiner
d'or, Dalawan
Aug. 事
Manita
'pore Punang. Bolawan, Colambo,, Manila..
Ang. 24
Ang.
Scharbors
Midla
Bupt
Shanghal & Japan
Shanghai, North China & Japan
South Sea Islands
Scharoboret Potedato
Danan
S'hai, Yokehanik, Kohn
Sept.
S'hal, Yokokama. Kobe A
སྐྱུ
Winnghai, Tringing, Daitra,
*aku.
No
Aug.
31
Aug.
11
Sept.
11
'baina, Nagoya, Kebijaka
Malang, Salamaun, Rabual, ute.
15:4rhavi .... Babul, Tulagi, Kavieng, te.
Hans to Alteration without Nutico.
For Pusage and Freight apply to :'
NORDDEUTSCHER LLOYD BREMEN
Quera's Building.
MELCHERS & Co
"AGENTS
Telephoon 17772..
CANTON AGENTS: JEBSEN & CO., SHAMEEN, B.C.
S.S. "BENVORLICH'
Sailing for LONDON,
ROTTERDAM,
ANTWERP. HAMBURG, HULI. and LEITH on or about the 11th August.
Cargo will also be accepted on through Bill of Lading to the usual transhipment ports.
S.S.
Next Sailing for SHANGHAI & JAPAN
BENMACDHUI” Aug. 10th
Tel £2533
For Freight and Passage apply to:-
W. R. LOXLEY & CO., (CHINA) LTD.,
York Building,
Agenta:
15
THE BEN LINE STEAMERS LTD.,
P. I. GOLD
Production From 1907 To 1935
(Through the courtesy of Messrs.
GA Harriman & Co.)
372.564 232.316 285,848 €57,911
H. K. STOCK EXCHANGE
YESTERDAY'S OFFICIAL QUOTATIONS"
*
24
Value
No material changes in rates (Pesos) 187,647 took place to-day, and trading was 434,599 on a moderate scale. Dairy Farms 495.194 strengthened to buyers at $20 and 308.860 it is possible buyers might pay 329,906 sightly higher to obtain shares. 1,146.424 News of an interim dividend of 20 1,736,724 cents for Trams has so far not 2,3-19.267 afected the market. A fair num- 2,633,548 ber of the shares were dealt in at! 3.011,755 $11.80 to $11.70 cash, with equi- 2.645,784 valent rates for forward delivery, 2.575.970 Manila issues continue steady 2,619,449 and active, prices being fairly well 1,920,753 - 2,424,806 | maintained.
1,811,341 1,981,587 1.265,789 1.990,463
Fine
1
Year
Grams
1907...........
141,212
1908
326.903
1009
1910
1911
1912
1913
1,306,310
1914
1915 1916
1917
1918
1,937,941
1919
1,970,651
1920
1021
1,976.096
1922
2,205,857
1923
2,537,162
1924
2,521,623 3,352,039
Providents (Old), $1.45.
1925
2,928,003 3,891,979
Venz, Golddelds, $41.
1926
2,896,697
3,850.376
1927
2,537,154 3.372.461
1929
2,854,909 3.808.124
1929
4.905,961 6,740,781
1930
5,574,355 7.400,598
1931
5,661,072 7,524,887
1932
7,508,341 10.200.187
1933
1934
9,115,846 16,190,795 10,854,924
23.701.923!
1935
31.223.800
Total
..P153,141,482
2,625,192 !
2,932,092
BUYERS
3,372,854 Union Insurances, $547).
CHINESE BANK NOTES
Effect Of Currency Changes
London, July 16.
In reporting a great expansion in security printing during the past year at the meeting of Thomas de
la Rue and Co. the chairman (Mr. 8. S. Lamert) said:-
A very substantial part of that out of the fact expansion arose
off the eliver that China went
withdrew standard,
her diver coinage, and, in consequence, im- mediately needed a large number of notes. As this company was in a position to apply what the Chin- ese Government wanted we obtain- ed a substantial share of the work. This great increase, coming mid- denly on our bank-note manufac turing department, was, however, not an unmixed blessing..
Benguet, Explor., 36 cta.
San Mauricio, $2.80.
United Paracale, $2.
HK. Land 4% Debentures, 105.
Hong Kong Trams, $11.60. Electrics, $52ł.
Telephones (Old), $284.
Telephones (New), $8). Cements, $9.60.
Dairy Farms, $201.
Constructions (New), 30 ets. Ch. Govt, 5% 1025 G Bonds,
921.
Govt. 4% Loan, 8% Prem
Govt. 31% Loan, par.
SELLERS
HK. & W. Docks, $13. 'Raubs, $11.80.
átoks, 85 cta.
Benguet Explor. 38 cts. Big Wedge.. 60 cts.
Consolidated Mines, 5à cts. Paracale Gumans, 75 cts. Hotels, $5.10.
Hong Kong Trams. $11.70.
SALES
Providents (Old), $1.55, Antamoks, 15.
Beriguet Explor., 37/38 cts.
• Demonstrationi, $1.60. Itogons, $2.56.
San Maurició, $2.60/2.80.
Uafted Paracale, $1,84/1,05, Humphreys, $0.
'Hong Kong Trang 110.
· China Eights (Old), $11.70. Electrica, $52).
MARKET
Steady but, very quiet.
STERLING
business was
reported.
There were sellers at 1/2 29/33 August-November, buyers at 1/2
15/18 for any delivery.
U.S. DOLLARS
A small business was done at
31 9/16 fur first half of Septem- ber. The market closed with sel- lere at 31 3/18 August and 31 1/8 September-November, buyers pro- ∙bably at 1/16 higher.
SHANGHAI DOLLARS There were sellers at 103 3/8. buyers probably at 103 7/18 for cash.
·SHANGHAI MARKET
There were sellers of Sterling at 1/2 13/32 and US Dollars at 30 1/8 for cash.
IN THE AFTERNOON -- The market was a shade casier in the afternoon.
STERLING
Business was done at 1/2-29/32 for October and September finish- ing with sellers at 1/2-29/32. for August and 1/2-7/8 for Septem- ber-December, buyers at 1/2-15/16 for August-September" "aad pro- bably 1/2-29/32 for October-De- cember.
· U.S. DOLLARS Business was done at 31-3/16 for Arst half of September and August. The market closed with sellers at 31-1/9 for August-Octo- ber and 31-1/18 for November- December, buyers at 31-3/16 for any delivery.
H.K. SHAREBROKERS' ASSOCIATION
Buyers
Trams. $11.60. Cements, $9.60. Dairy Farms, $20.40. Bagulo Gold, 38, cts, Big Wedge, 59 cts. Gold Rivers, .05 cts. Ipo Gold, 31 cts.
Paracale Gumaus, 73 cts. Santa Rosa, 051 cts. Suyoks, 55 cts.
Sellers
Ropes, $3.60. Baguld Gold, 39 cts. Masbate, 98 ctx. Santa Rosa, .062 cts.
... Fales
Docks (H.K.), $141., Trams, $11.70. Electrics, $52). Gold Rivers, .051 cts: Masbate, 96 cts. Banta Rosa, -.05 ct.
REICHSMARK RATES
("Hong Kong Dally Press" Special)
Berlin, Aug 3. The Reichsmark
quoted was (without guarantee) at:—
New York
44 28
Paris
610.---
Amsterdam
London
59.23 50.23
London Paris quoted the Pound Sterling¦ at 76.07 to 78.09 and the USA.
Dollar at 15.166 to 15.18B.-- Transocean Nema Service.
LONDON EXCHANGE RATES
Milan Shanghai
(Barrian WinkLME BELVIOR?
London, July 31.
Faris
75 61/84.
Пепета Berlin
15.35+
· August...i. 76 9/01 15.371
12,48
12.46
Athena
328
63 9/16
#31
5.012
7.381
5.01 9/04 7.381
38 7/8
1211
673 S.
675
Lisbon
39, 15/16 S. O.
Hong Konr
1/3
Brussels
29.74
29.75
Montevideo
Belgrade
3.01 7/8
5.011
New York Amsterdam Vienna Prague Bucharest Madrid
Montreal
Yokohama Helsingfors
Rio :"་། Buenos Aires Silver (Spot
Silver (forward) ambas War Loan
On Loxnow:-
19 7/16
191
193
3 106 11/18)
Closing Quotations
Aug. 4, 1936.
119
Telegraphic Transfer... Back Bills, on demand Bank Bill months'
sight
Credits, 60 days' sight. 31
DRESIDENT LINER TRAVEL SERVICE
is Yours to Command
Frechens Liners" frequent milings and their takque' stopover pelvlagen allow you to travel fund an setir as you choose. And, Delise Bleanship tires sød Ån micap Mill Live world wils office and agents are maintaived to serve you sabors in whatever place you shanna dobu. Make ystar'next trip more enjoyable, travelling **The Pratidini Lino wiz.”
To. SAN FRANCISCO
Via Shanghai, Kobe, Yokohama. Bonolulu, San Francisco, Panama |
Cáŋul, Havana, New York,, Prea, Hoover 6 am. Aug. 8th Fres. Cleveland M'night Aug. 25th Pras, Coolidge Noon Sopt 5th Fres. Taft M'night Sopt. 2nd Fr. Hoover, Noos Oct and
EUROPE, NEW YORK
Via Manila, Singapore, Panang, Colombo. Eombay, Suez Canal, Rapins, Ganos and Marseilles. Pros. Wilson
To SEATTLE, VICTORIA Via Shanghai, Kebe. Yokobama
and Victoria,
Prea. Grant M'night Aug. 14th Prem Jefferson 3'aight Aug. 28th Pics, Jackson M'night Sept. 11th Pros McKinley M'night Sept. 5th Pres. Grant M'aight Oct. 9th
MANILA
THE MOST FREQUENT SERVICE
8am. Aur. Sth Pres. Grant
. Next Sailing
8 m. Ang. 8th 8 an. Aug, 29th Pres. Wils n 8am. Aug. 15th Pres. Van Buren 8. Seit 12th Pres. Cleveland 8 p.m. Aug. 18th Pres. Garfield 6 am. Sept 86th Pres. Jefferson 6 p.m. Aug 22nd Free, Polk 8 m. Oct. 10th | Free, Coolidge
r.m. Aug. 27th
́MOST FREQUENT SERVICE ON THE PACIFIC
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
FEEDER BUILDING -- BONG KONG, CANTON BRANCH ;—4, «HAI33 ROAD,
Pres. Monroe
O NEW YORK-
Bank Bills, on demand 301/18
13.16
ON BATATTAR
On demand
...... 4 3/10
O
PARIB
Credits. four months'
sight
Bank Bills, on demand 16
1/33/16
ì
Credits, 4 month's sight (27)
ON SALOON-
On Demand"
1092
On demand
460/ 6
ON MINILAI-
On demand
521
On demand
611
ON 'BANGKOK :--
NOTICE TO CONSIGNEES
On demand
1081
On demand
100
81}
1/3 3/16
101
ON SHANGWAY-
ON SINGAPORE:-
On JAPAN:-
OT INDIA
Telegraphic Transfer... Bank, on demand.........
SOVEELIGNS. Bank Buying
Bate
Bis SILVER, par or
PHILIPPINE MINING NEWS
Tunnel To Develop Mines
FIRST SHAFT
(Through the courtesy of Messrs. G. A. Harriman & Co., Ltd.) The development of the mines in Į the Suyoc district in the Philippine Islands will be established with the opening of a tunnel by the Palldan- Suyoc Deep Level Tunnel Com- pany, and the auroc Consolidated will probably add considerably to its are reserves.
This company was incorporated on July 17, for 750,000 pesos. All of the authorised capital stock has been subscribed, and it is reported that the issue was over-subscribed in two days by more than 100 per-
cent
The oficials of the company are: President, Geo. C. Dankwerth, vice- qjresident, A L. Velilla, treasurer,
M A. F. Kelly, secretary. O'Malley.
LONGEST TUNNEL
The purposes of the company is to drive a tunnel from the lower reaches of the Suyoc river to tap
the lodes between its portal and the Buyoc Consolidated Mining Company's workings.
The Buyos Consolidated Mining Company sank the first shaft in the district for deep development work. It has been dicated by Suyos Consolidated, after two years of intensive deep latel work, this the ore bodies become better de
ned, more favourable for the de- position of gold, and contain more steady values at depth.
OCEAN STEAM SHIP CO, LTD,
AND
CHINA MUTUAL STEAM NAVIGATION CO., LTD.
ONSIGNEES per Co.'s Vessel
**MENESTHEUS
FROM UNITED KINGDOM
TIA SINGAPORE.
CONSIGNEE NOTICES.
HAMBURG-AMERIKA LINIE,
NOTICE TO CONSIGNEES,
THE
"RAMSES"
are bereby notified that their Cargo having arrived, from Hamburg and il be discharged into Hell's Ports of call, Consigness of Cargo are Wharf, Kowloon, where it will be seherby notified that their Goods are Consigness risk and abject to Terms being landed and placed at their risk and Conditions of Storage at Enlt's into the Hong Kong and Kowloon Wharf What The Cargo will be ready for and Godowa Company's godowns Delivery from Godown on and after Kowloon, where delivery may 3rd Aug.
obtained as soon as the Goods are landed
Optional Cargo will not be landed here unless Notics has been given prior to Steamer's arrival, but carried on from port to port to the final port of call to which the option extende,
All broken, chafed and damaged Goods are to be left in the Godowns, where they will be examined on any Tuesdays and Fridays between the hours 10.45 M. and Boom within the Free Storage period.
No Claims will be admitted after the Goods have left the Steamer's Godowa, And all Goods-remaining undelivered
Bent. after the 10th Aug, will be subject
All Claims against the Steamer mnat be presented to the Undertigued on or before the 24th Aug 1880, or they
will not be recognised.
done in the district to determine There has been sufficient work definitely that general strike of the main gold bearing lodes in the dis- trict is more or less north and south. The proposed plan is to run a tunnel which will cut at depth whatever lodes may be en- countered. The typography of the 3rd Aug, 1996 'country is such that ore shoots encountered in some of the pro- perties may be cut at a depth or"! 1,500 to 2,000 feet.
The tunnel, extended" to the
No Fire Insurance will be affected
BUTTERFIELD & SWIRE
Agents.
74588
NORDDEUTSCHER LLÖTD, BREMEN:
"HAVEL"
suvec Consolidated properties, willTHE Motorbi intersect the vein system at a depth of 800 feet below the collar of the present shaft and about 500 feet lower than the present lowest level. COST P300,000
F་
The length of the tannel will be between 8,000 and 9,000 feet, and It will be the longest drain, tunnel in the Philippine Islands. It will take about two years to completă | timated at approximately P600,- the tunnel. -
Many properties in the Buyoc area which now cannot be deve- loped will be opened by this tunnel, and the company will receive percentage of the profits derived from the mining of ore thus open
pany.
or
The cost of the project is ca-
being
saving arnved from BREMEN, SAM- BURG and Ports, Coignees of cargo We hereby notified that their cargo
landed at their risk into the Go- downs of the Hong and Howloon
Kong, Wharf and Godown Cow Lad, Kowloon where Delivery can La chained.
Consignees are further notified that 000.00, with a reserve of P150,000.00 | the Motor ship * BAVED” has taken for development.
At HAMBURO & BREMEN through cargo for HONG KONG 8.8. As the tunnel is driven it will "Lyer, 8.8. "Gaarup, 8.3. "Texas" open up the district and obviste and 8.8.REL" from BERGEN, the necessity of individual shaft | DANZIO, STOCKHOLM & KOTKA, sinking on all adjacent properties, All Goods remaining undelivered after and will provide cheaper means of the 10th Aug. 1986, will be subject
deep, development of these pro- perties than would otherwise be possible. Revenue may thus be derived from all development work
to Best
Optional Cargo will not be landed bere, unless Notice has been given 48 hours prior to vessel's arrival, but carried on from
mall tofort to part to the Anal port of '
the option extends.
No Claims will be admitted after the Goods have left the Godowns, and al Goods remaining undelivered after the 6th Adg., 1836, will be subject to Eent.
aan, howe
All broken, shafed, and damaged Goods Are to be left in the Godowns, where they will be examined on 8th
1936, at 10 Surveyors, Mears Goddard & Douglas
with the General Bonded Warehouse Regulations, consiguses must hars Revenue Officer in attendance when damared dutiable goods are
xamined.
ach as before
сота ра
All claims must the 10th Angust, 1988; or they will not be recognised...
No Insuzmane will be affected.
illa of Lading will be countersigned by
JEBBEN & CO.
Agents
Hong Kong, 20th July, 1996.
SILVER LINE,
NOTICE TO CONSIGNEES
ל
[4584
Frok NEW YORK AD LOS ANGELES
EE Motor Vessel
SILVERYEW" having arrived from the above Forts on Oth instant, Consignees of Cargo are bereby informed that their foods are being landed at their risk into the Go- whart and Godown Company, Limited, | downs of the › ong Kong and Kowloon
Kowloon, and stored at Consignees rink and expense.
All broken, chafed, and damaged Goods are to be left in the Godonys; where. they will be examined on Wednes day 5th August, 1935, at 10 am
All Clims must be presented within 15 Days of the vessel's arrival re after which date they cannot be ra- cogalaims will be artmites after the
ed up. The tunnel will cross the
No Fire Laluance will be effected by property of the Big Basig, the
as in any sa Wikleven, ga Tiyaga Mining Corporation,
Damaged Packages must be left in the Central Palidan Group, and the
Godown for examination by the Cou Suyoc Consolidated Mining Com- in the district which it faciliates. пр sad the Company's Burveyors, As a result of the favourable na- Mega Andersen Ashe, at 10 am.
8th Aug
1936 As far back as records show, the ❘ture of the project, the entire tz- | 1"
Consignees, must have a Berénus RADIO PROGRAMMES Igorots have worked the rich gold sue has been taken up, and no Oficer in attendance when damaged bearing reins in the Palidan-Sayoc stock was offered for sale to the dutiable goods are examined by the district from the surface to depths |
Company's surrerors.
No Claim will be admitted, after the Goods have left the Godowns, and all Lewis; conductor, limited by their primitive method. Richard Austin. From the of mining. The total vertical ex
Goods are left the Godown and all Goods remaining undelivered after the ciations manat
presented within Two 6th August, 1935, will be subiect to Weeks of the Ship's seriyal here in Rent Pavilion, Bournemouth. Over- sent of their workings was abou
200 feet
which date they will not be recognised. No Fire Insurance has been affected, ture, Tannhauser (Wagner).
Condiguens ka Tequested to surrender. Bill of Lading will be countersigned Symphony (No. 5) in C minor:
their Bills of Lading to the Undersigned | by (1) Allegro con brio (2) An-
for ConstersOBERS dante con moto (9) Allegro (Beethoven),
(Continned from Page 4). Bertram
11 pm. "The Proposal" A jest in one act, by Anton Tchehov. Production by William Mac- Lurg
11.25 p.m.-The Music of Brahms. A Recital by Nancy Weir (ADB~ tralian Pianist), Ballad in B.
. Op. 10, No. 4. Rhapsody in B
minor, Op. 19.
11.40 p.m.-"A Remote Corner of Cayman
public.
All preliminary surveys have been completed, on tunnel route, road and building sites, and work will be started immediately.
MANILA MINING SHARES
00
NOLDONITORES LOT, Bara Hong Kong, 3rd Aug., 1896.
{4507)
PHILIPPINE MINING
RATES
(Through the, courtesy of Messto. G.A. Harriman - &· Co.)-
31.7.36
STOCKS
Antamoks Atoks Baguio Gold Benguet Consol
P.3.25
4.8.36 Closing Opening Closing
P.3.20
4.8.36
SACTOR. 23
51cvon
54CYON.
23*
24
I
P.15,00
P.14.00
P.14.25
Benguet Explor, Big Wedge
21...
23
38
ог
35
-38
Demonstration IX.I.
98
P.1.00
97
P.1.05
P.1.85
P.1.80
F.1.60
P.1.75
81
22
123
12.20 a.m. The BBC Dance (Or-¡
Para. Guma US
47
San Mauricio
P.1.35
P.1.65
P1.65
Hall,
Buyoc Consol United Paracale
Antamoks
F.1.00
P.1.20
Ataks
"
the Empire: the
Islands," by A. W. Cardinell.
11.55 p.m. The News and An={^ ́Itogons
Masbate
Midwich Time Signal. Northern Mining
chestra, directed by Henry
1 p.m.-Close down.
Hong Kong, Aufsfjust 4.
The following are to-day's open-
ing and closing rates on the Manila Stock:
Names
Ope
FURNESS (FAR EAST), LTD,
2nd Floor, Hongkong & Shanghai Bank Building Dika 23165 & 20100. Hong Keng 29th July, 1936.
Bagulo Gold
[1692
231
Benguet Con
14.00
14.26
Benguet Explor.
Big Weige
Demonstrations.
1.00
Itogons
1,00
Masbate
Northern Mining:
$23
Paracale GaTOLIČAN
1:80
1.89
Ben, Mauricio
1.65
BUYOCE
821
United Paracale
LID
Market
Steady Steady