The Philippine "Mining section remains steady,
BUYERS
Hong Kong Banks. $1.555. Bank of East Asia, $74.
NDL
·FAR EAST EXPRESS
HONG KONG DAILY PRESS FRIDAY, AUGUST 21, 1936.
"
A. K. STOCK
EXCHANGE
YESTERDAY'S
OFFICIAL QUOTATIONS
The market opened and remain-
ed firm throuhout the day with
BOOKINGS FOR 1937. ; NOW OPEN. buyers for most of the Public
re-
Fron
"EXPRES STEAMER
Hang Long
Mezinin
Due Houtth
Dar Rotterdam
Dia Bretone
POTSDAM
Jan. 29
Feb. 24
Feb. 97
Feb. 28
Mar. *9
Utility shares. Sellers were luctant to part with their holdings anticipating further improvement in prices.
GNEISENAU..
Feb. 26
Mar. 21
Mar. 27
Mar. 28
Mar: 30
14
SCHARXHORST Ápr. g
Apr. 55
May
May
May
POTSDAM
Apr. 30
May 23
May 29
May 30
Jane I
GNEISENAU
May 28
June 20
June 26
June 27
June 29
Qares' Matang.
LONDON EXCHANGE RATESTM
{BRITION WIRKERS NERVIOS
August 18,
Paris
Genera
Berlin
76 3/8 15.43) 12.50
Athens
Milan
Shanghai
New York Amsterdam
Vienna Prague
Bucharest
Madrid
63 7/8
1/2 13/32
5.03 7/8
August 19.
73 29/64 15.44
12.50+
63 7/8
5.03 3/8
7.401
7.41
263 ..
1214
1211
€75
393
40
Lisbon
Hong Kong
Brussels
29.81,
29.83
Montevideo
38 13/18
387
Belgrade
Montreal
5.02
5.031
Yokohama
Helsingfors
Silver (forward)
19 7/16 31% 108 7/2
10 3/8 106 7/8
Closing Quotation-
Bank Bills, on demand,471 Credits,
month's sight 500
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE SAILINGS
To SAN FRANCISCO
Via Shanghal, Kobe, Yokohama. Honolulu, San Fransisco, Panama
Canal, Havana, New York. Pros. Cleveland M'night Aug. 25th Pres. Coolidge Noon Sopt. 5th Fres. Taft M'night Sept. 92nd Pres. Hoover Noon Oct. 3rd Pres. Pierce M'aight Oct. 20th
EUROPE, NEW YORK
73
To SEATTLE, VICTORIA via Shanghai, Kobe, Yokohama
and Victoria,
Fres. Jefferson M'night Aug. 18th Pins, Jackson M'night Sept. 11th Prea. McKinley M'night Sept 5th Pres. Grant
M'aight Oct. 9th Pres. Jefferson M'night Oct. 23rd 'MANILA
THE MOST FREQUENT
SERVICE
Next Sailings
Via Mania, Singapore, Penang, Celambo. Bombay, Suss Canal. Napisa, Genos and Marseilles. Prea. Monroe 8. Aug. 29th Pres. Jefferson 9 p.m. Aug. 22nd Pres. Van Buren 8 am Sept. 12th Pree, Coolidge p.m. Aug. 97th Pres. Garfield 8 m. Sept. 26th Pres. Monroe 8 a.m. Aug. Dih
6 am. Oot. 10th Pres. Jacks n
6 p.m. Sept 5th 6 am. Oct. 24th Pres. Van Buren 8 a.m. Sept. 12th
MOST FREQUENT SERVICE ON THE PACIFIC
DOLLAR STEAMSHIP. LINES * AMERICAN • MAIL • LINE *
Prer. Polk
Pres. Adams
Aug. 20, 1938,
ON NEW YORK ; —
Bank Billa on demand 31 1/16 Credits, 60 days' sight. 31 18
ON BATAVIA:—
On demand
45
ON PARIS:-
1/3 3/18
ON SHANGHAL:-
On Demand
1023
ON SA100
ON SINGAPORE:-
On demand
461 / B
On demand
34
ON MANILA:-
On demand
624
CZ JAPAN:
ON BANGKOK :—
On temand
1051
Ou demaud
ON INDIA:
Telegraphic Transfer... Bank, on demand....: 813
SOVEREIGNS Bank Baying
Bate
1801
1/31/16 19
NEW
FRÜDER BUILDING, HONG KONG. GASTOS HEANOR 7–4, SHAKER ROAD,
#
NEXT SAILING S.S. "GNEISENAU 1 August VIA MANILA & SINGAPORE.
Robject to Aluration without Nuties.
Yor Page Rot! Prekelt apply to:
NORDDEUTSCHER LLOYD BREMEN
MELCHERS & CO.
AGENTS
Tel-phoon 2:772.
CANTON AGENTS: JEBSEN & CO., SHAMEEN, B.C.
THE
CHINA-SIAM
HONG KONG-BANGKOK
LINE.
M.."RELLAS" leaving Hong Kong 25th August vin Swatow
HONG KONG-SWATOW-AMOY ..HAI HING" leaving Hong Kong 23rd August m.s. "HAI LEE"
leaving Hong Kong 31st August
Accepting Passengers & Cargo for all the above metioned ports.
HONG KONG
SINGAPORE-PENANG-RANGOON Regular Express Service
m.. "EA! BING" leaving Hong Kong, 28th August Accepting cargo for all the above mentioned,porty.
Excellent passenger accommodation available.
For freight, passage rates and all other information-Apply to:- THORESEN & CO., LTD.
Tel: 30237.
Tel. 22533
Generul Agents.
Queen's Building.
Union Insurances. $547).
HX Fire Insurances, $240.
Wharves, $984.
Providents (Old), $1.55.
Raubs, $11.60.
Vent. Goldfelda, 343.
Antamoks, $5.30.
Benguet Consol, $24. Benguet Explor.. 42 cts. Consolidated Mines, 107 ets, Demonstrations, $1.80. San Mauricio, $3 'Suyoc Consol. 77 eta. Hotels, $5.
Hong Kong Lands. $33.
Hong Kong Trams, $11.00. Star Ferries. 3871
China Lights (Old), $12 China Lights (New), $8). Electrics, $53).
Telephones (014), $271. Telephones (New), $3.65. Cements, $9.80.
HK. Rapes, $3.20.
Dairy Farras, $21.
Watsons, $31.1
Constructions (New), 30 cta,
Ch. Govt. 6% 1915 G.$ Bonds
92%
Govt. 4% Loan. 65% Prem. Govt. 31% Loan par.
SELLERS
Suyoc Consol., 79 cts,
Gold River, 13 cts.
Chiba Lights (Old), $12.15.
SALES
Hong Kong Banks. $1,560/1,570.. Wharves, $93,
Providents (010), $1.55/3.60. Artamoks. $5.27.
Baguio Gold, 59/59) cta.
Benguet Explor.. 43/44 cts.
Big Wedge, 64 cts.
Consolidated Mines. 11 eta. Demonstrations, $1.60/1.67. Ipo Gold, 41 cts. Masbate Consol, $1.03, Northern Mining. 491/50 cts. Farscale Gumaus, 95 cts. Salacots, 22 cts,
Paris.
Amsterdam
London
....40.24
......810.5
Rio
Buenos Aires
Silver (Spot
War Loan
On LONDON: -
Telegraphic Transfer.. 119. Bank Bills, on demand 13 1 Credits four months'
sight
BAR SILTEX, per os.
YORK STOCK
EXCHANGE
(Througn Kenter's Ageneys
QUOTATIONS
New York: August 20.
New York, London Cross-case? New York Cotton--Oct, New York Rubber-Sep Chicago Wheat --Sep. Chicago Corn Silver Official
Dow Jones Averages
30 Industrials
20 Rail
20 Utilino - 40 Bonds
11 Commodity Index 67.17
814
High
Last Today'
Change Low Close Close
-5.03-3/18 3.03-11/32 5/39_úg 11.78 1.68 1171 11.68 .13 of 15:4 1615 1613 13.15. 01 BỊ
116 113 113 114 110 1101 1152.118
522. 53+
U
THE EXCHANGE MARKET
MESSRS. ROZA BROS.
Sliver prices dropped 1/18 yes- terday for both deliveries. the quotation being 19 3/8 for Ready and Forward. Silver advices re- ported India as having operated both ways. Speculators sold. There was some American trade demand. After the official firing American tracers absorbed Indian sales. The market closed, uncertain.
was
un"
CONSIGNEE NOTICES.
NOTICE TO CONSIGNEES
PENINSULAR AND ORIENTAL-
STEAM NAVIGATION Ca' STNI "CHITRAL."
ALLIVED HONG KONG ox
191 AUGUST, 1938,
FROM ANTWERP,LONDON.GIBRAL TAR, MARSEILLES, MALTA, PORTSAID ¿DEN, COLOMBO AND STRAITS,
JONSIGNEES of Cargo by the above- named Vessel are hereby formed that their Goods are being landed and cross-placed 47 TxIx msx in the Hong Kong
The London-New York rate was quoted at 503 3/8 and and Kowloon Wharf and Godowa Cou the New York-London rate was
quoted at 503 11/32..
MARKET
Steady but very quiet
STERLING
pany's Godown at Kowloon, where each Consignment will be sorted out Mark by Mark and Delivery can be obtained as the Goods are landed.
Optional Goods will be landed here unless Instructions have been given to the Bir Hours before arrival of the contrary
Some business was done during Steamer
the course of the morning at 1/2 29/32 for near delivery... The market closed at 1 pm. with sel- lers at 1/2 7/8 for August-Decem- ber and buyers at 1/2 29/32 for forward and probably for August delivery.
U.S. DOLLARS
No business was reported. There were sellers at 31 3/16 for August- October and probably November, buyers at 31 5/16 for cash and 31 1/4 for September-November,
SHANGHAI DOLLARS There were small sellers at 103 7,16 and buyers at 103 1/2 for cash.
SHANGHAI MARKET
There were sellers of Sterling at 1/2 3/8 and U.S. Dollars at 30 3/18
for cash.
IN THE AFTERNOON The market was extremely quiet in the afternoon.
IN STERLING •
No business was reported finish-. ing with sellers at 1/2 7/8 for August-December, buyers at 1/2 29/32 for any delivery.
Goods not cleared within 8 days including date of arrival will be subject to Beut
No Fire Insurance will be effected by as in any case whatever.
Damaged Packages must be left in the Jodown for examination by the Con- signees, and the Company's Surveyors. Messrs. GODDARD & Douglas, at 10 am, on Mondays and Thursdays, within the Free Storage
Consignees are
• period. Melly notified that
it is necessary for a Revenue Officer to be present at the examination damaged dutiable cargo.
of
All Claims against the Steamer must be presented to the Undersigned on or before 8th Sept., 1938, or they will not be recognized.
No Claims will be admitted after the Goods have left the Godown. MACKINNON, MACKENZIE & Co. Hong K. 19th Aug. 1938,
Agents.
(4627"
NOTICE TO CONSIGNIES
Steamer "WILLANDRA ” From AUSTRALIA via MANILA.
-Sep.
up
442
ар
unchanged
1936
Aug. 19.
In America the rate changed at 44 3/4 for spot.
"
High Low Aug 18. High Low Close 170.16 143.11 165,42 -166 87 185.26-166.04 08.02 40.68 33.53 64.25,53.40 - $4.07 38.05 28.03 34.61
34.96 3452 34.77 103.97 98.92 103.07
60.58 87.71
Changs
.62.up
.54 up
.16 un
103.84 -87.00 Business Done: -1,810,000 shares.
.13 off
.11 of
Last Bale
i
Stocks
Aug. 18 19
Stocks!
Last Sale Aug. 18 19
Suyoc Consol, 77/80 cts. United Paracale, $2.39. Santa Rosa, 134 cts. Hotels, $5.05.
Adams Express Amer, Can
134
131
G. Western Sugar
30
364
120+
1211
Humble. Oll
67
Amer. Cyanamid 'B'
341.
341
Int. Harvester Co.
18
*78
Am. & For, Power ?
By
Int. Nickel *
China Lights (Cld). $12/12.15.
Electrics. $53/537. Telephones (Old), $27. Cements, $9,60.
Am. & For. P. 57 pf. 34 Am. Light & Trac. 301 Amer. Locomotive... 321 "Amer. Radiator...... 274
Amer. Rolling Mill...
341
Int. Tel, & Tel.
131 13
31
Kennecott
471
471
Loew's Inc.
56
50
274
Lorillard
221
221
80
851
McKesson & Rob-
Amer. Smelting...... 58 Am. Sugar Redning 173f Amer. Tel & Tel..
572
bins Inc.
...............
432
441
1741
Monsanto Chemica! 99
99
1011
101
+..
Amer. Tobacco 'B' 25
251
Montgomery Ward... Nat, City HY.
45 „434′′
"447
437*
Amer. Waterworks...
40 391
Nat Dairy Próds... 254 - 271
Anaconda Copper ...
82
Nat Distillers 29%
297
Atchison, T. & S. Fe.
201
Nat. Power & Light 113:
112
Atlas Corpn. Auburn
143
New York Central... 401
418
311
North American
32+
327
Baltimore & Ohlo... 213 Bethlehem Steel Boeing Airplane Co.
221
Northern Pacific” ...........
251
261
621
Pacific Gas & Elec.
391
40
201
Pacific Lighting
562
581
301
Packard Motor
101
102
Paramount Pleture
524
incor.
71
72
Pennsylvania B. R.
374
377
102*
103
Phillips
Petroleum
421
421
1597
Pure Oil Co
48%
469
Rly.
117
Pub. Service of N.J.
174
17
Chase Nat. Bk.
487*
Chesapeake Согрп.
85%
#4
Radio Corpn.......... Radio
101
101
Corpn
684
$5 of
98 *
Chrysler
1133
Reynolds Tob 'B'.... 551
Columbia Gas & E1. 201
21
Credit 721
731
181
Schenley Echenley 51% p. 981 19 Bears Roebuck ....... B11 831 |Bocony-Vacuum
141
44
98 * . 554 431
"9thra, Cal
Edison 321
(ord.)
31
Sthrn. Pacific......
Comm & Southern
Stand, Brands
154 151
Names"
Opening Closing
lord., $6 cum pf. 722
124
Stand. Gas Y Elec
7.
73
Pa
43
Stand. Oil of NJ....
63
64
f
Antamoks Atoks Bagulo Gold Benguet Con. Benguet Explor. Big Wedge
3.35
3.40
123
Sterling Proda. ............
724*
734*
50
59
31
Bwift International
32
324
46
35
351
#47
Technicolor
201
284
15.00
15.00
Curtiss Wright 'A'...
B2
Texas Golf Bulphur
371
37
264
39
27 40
Curtiss Wright
10
Transamerica
131
13A
Demonstrations 1.05 1.05 Itogons
1.80 65 Masbate
3
1.80
Delaware & Hudson Matllers Corpa. Bea-
grams
449
20th Cent. Fox Film
commas.
201
261*
24
20th Cent, Fox Film
66
719
* pt.
361
361
Northern Mines Paracale Gumaus IX.L Ban Mauricio Buyoca
11 32
33
Du Pont de Nemoura 159
1591
Un, Carbide & Car-
60
53
Electri Bost .........
154
bon
97
962
1.85
$1.85
1.05 1.95
Elec. Bond & Share 22
231
Un. Pacias
138.
1383
Elec. Bond & Shar
Un. Aircraft (New) 241
25
43 48
1:55 1.55 Stendy Easler
$5 pLIKAUPPILDER.
70
721
Elec. Bond & Share
Un, Corpn.
On Arine Tranh là
187
by.
3
71
83.
81
Un. Corpn. $3 cum.
15
-15
pi.
473
472
Bales Providents Old, $1.50/55,
*344 334
Un. Gas. Improve- "
Hotels, $5.05.
55
64
ment
104
167
48
*481
U. a. Indus Acohol 352
Trams. $12.20,
352
Lights Old. $12/12.13.
381
· 384
UB. Rubber
291
30.
Electrice, $53.
65
652
U. 8. Steel
B6
45
45
Vanadium
231
Ropes, $3.15/1.
242
121
127
Warner Bros. Picte. 121 +121
Goodrich Tyre Co..
231
231
Westinghotre
Mức..138.
The Gold Rock Mining Company. bas acquired surface rights in the
a seat on the Manila Stock Ex-in 1935, The original price of the Goodyear Tire & R. 231 change, P80,000, will be received seats was F500 each.
231
Call Mones
.1%
1301 ..1%.
Baguio Gold, 59/60 cts. Beng, Explor., 44 cts.
Consol. Mines, 114 cta,
G. Nthern Rly, pl.
401
**0%
• ex div. 4
• Bld
483*
Chesapeake & Ohlo 67
S.S. "BENMOHR'
Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG and LEITH on or about the 9th September.
"}
Cargo will also be accepted on through Bill.
of Lading to the usual transhipment ports.
Next Sailing for JAPAN
19.
S.S. "BENMOHR Aug. 22nd
For Freight and Passage apply to :-
W. R. LOXLEY & CO., (CHINA) LTD.,
York Building. Agenta:
THE BEN LINE STEAMERS LTD.,"
PHILIPPINE MINING
NEWS
:
Marsman Returns From Hong Kong Trip
J. H Marsman, president of Diares group of
claims in the Paracale district with options to purchase certain parcels of land where extensive prospecting work
Marsman and Gompany, returned August 10 on the President Grant from week's trip to Hong Kong where he inspected the prelimin is going on, it was learned last
K. S. Charlton is the consulting
ary work now going on near Kow-week. loon on the development of tung- ⚫sten properties.
1 engineer for this company, and it was announced that a new com- pressor units was to be"purchased and installed next month if pos-
The project is progressing nice ly, Mr. Marsman said; two head ings are being worked, one being In 450 feet and the other 360 feet,sible. Several. tungsten veins have been cut, although the main objective will not be reached for at least two months.
in charge of Mr. Hannigan, mining, reports that another vein about 23 feet in width, has been discovered 500 feet to the west of ven number one where extensive work is now going on This new vein is now being trenched, and samples for assaying will be taken as soon as it is well exposed.
The Manila office of the com- not give details of this company,pany was recently moved to 211 but observed that the results of Crystal Arcade. his trip were entirely satisfactory.
Mr. Maraman stated that one of the bbjects of his trip was to start for the the preliminary work formation of an operating com- pany in Hong Kong similar to He did Marsman and Co., here.
SURFACE EIGHTS
44
Hong Kong Trams. $12/12.10. Star Ferries, $871.
HK. Ropes, $3.20/31.
REICHSMARK RATES
(Hong Kong Dally Press" Special)
Berlin, Aug. 19.
quoted. The Reichsmack Was (without guarantee), at:-
New York
....59,24 .....12.51
Parts quoted the Pound Sterling
at 76.42 to 76.46 "and the U.S.A. Dollar at-15.187 to 15.191.— Tranincean News Service.
PHILIPPINE MINING
RATES
Borden Co. .....
Bklyn
Manhattan Trans Corpn. ...... Bklyn - Manhattan
$6 cum. pt. Case. J. I.
Canadian Pac
C. G. & E. 6% 'A' pr. 108 1051 Commercial Comi. Bolvents
The following are to-day's open-Comm. & Southern Ing and closing quotations on the Manila Stock.
United Paracale. Market
$8 pt. Elec. Power & Light Eintkote Co. from a Hong Kong broker soon, it
Gen. Cigar was learned in Manila last week. Gen. Electric The sale has been made, but its Gen. Foods ... final completion awaits the com- Gen. Motora pletion of certain technicallites,
Gen. Riy. Signal Gold Duct
The highest price paid previous ALL-TIME RECORD " ly for a seat on the exchange wis The highest price ever paid for P15,000, which was received late
Thursday, Aug. 20.
Consolid. Cas of N.Y.
Consolia, Ol
Continental Oil
Corn. Products .......
(0)
Douglas Aircraft...
* BEUPE ⠀⠀⠀⠀BEN . **REPARER & INSECENE
14 318 401 424
"
U.S. DOLLARS
The market closed with sellers at 31 3/18 for August-October and probably November, buyers at 31 5/16 for cash and 31 1/4 for Sep- tember-November.
H.K. SHAREBROKERS' ASSOCIATION
Bayers
Providents Old. $1.50.
Trams, $12.10.
Electrics. $53. Telephones Did 261.
Ropes, $3.15. Atoks, 95 cts. Baguio Gold, 59 eta. Ben. Explor, 42ctal Consol. Minės, 10 cta, Ipo Gold, 40 cta. Suyog, 76 cts.
Seller*
Lights Old. $12.10 Baguio Gold, 62 cts.
Ipo Gold, "42 cts.
Santa Rosa, 13 cts.
י,
Ipo Gold 411/42} cts. Northerr Mining; 521/53 cte.
ONSIGNEES of Cargo are hereby
CONSIGNEES Goode being landed at their risk into the the Godowns of the Hong Kong and Kowloon Wharf & Godown Company, Ltd at Kowloon, whence and/or from the wharves delivery may be obtained, Optional cargo will not be landed bere, unless notice has been given house prior to vessel's arrival, but carried on from port to port to the final tof call to which the option extends, No Claims will be admitted after the Goods
have
port of B
48
left the Godown, and all Goode remaining undelivered after the 17th inst, will be subject to rent.
All claims against the vassal must be presented to the undersigned on or before the 3rd Sept., proz. or they will not be recognized.
All broken, chafed, sad damaged Goods are to be left in the Godowns, where they will be examined on the 24th inst, st 10 a.m. by our surveyors, Mesars, Goddard & Douglas.
In the case of dutiable cargo, con- signees are requested to inform the Import & Export Office that they have such goods for examination.
No Fire Inmance has been affected Bill of
be coun tersigned DODWELL &.00%
'Agents.
Hong Kong, 20th Ang., 1936.,
Ban Mauricio, $3. Santa Rosa, 13.cts. Buyo, 76/78 cts....... United Paracale, $2.40. Cementa, 194." Gold River, 12 eta. Big Wedge. 63 cts, Demonstrations, $1.65,
[4026