Board of Directors. Hon. Mr. J. J. Paterson,
G. Miskin, Eng
·Deputy Chairman.
Hon. Mr. W. E, Ball. A. H. Compton, Esq.,
12
H
DAILY SHARE QUOTATIONS
Hong Kong Stock
-Bayer
$1,635
Exchange
Bellerk
Bazey
****
Nanimal
$100
Sharebrokers Association
MONDAY. OCTOBER, 19.
dallere
HONG KONG DAILY PRESS, TUESDAY, OCTOBER 20, 1936.
H. K. STOCK EXCHANGE
AND
H. K. SHAREBROKERS' ASSOCIATION
Philippine Gold Mining Quotations
17th Oct. Closing
Bater
9.55
19th October, 1836 Time Received
9.58 10.08 10.20 10.35 10.50 11.15
BANKS
HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION
Authorised Capital
....... $60,000,000
Issued Fully Paid-Up 320,000,000
Reserve Funds:
Sterling
ای
AUSTRALIA AND CHINA. Incorpónited by Buyal Charter. 1983;
HEAD OFFICE: LONDON-
...£6,500,000
Hong Kong Currency
Reserve...
paid-up Capital. Reserve Fund $10,000,000 | Reserve Liability of pro-
£3.000.000 £3.000.000
prietore
25.000.000
Reserve Liability of
Proprietors
$90,000,000 | |,-
dyències and Branches:-
ALOR STAR ILOID
BAIGON
Head Office:-HONG KONG
AMRITSAR
BEMARANO
2,40 3.08
3.10
3.25
3.40
KABAQE
SEREMBAN
KLANG
BHANGHAI
Banka
H.K. Banks
31,632
Bo. (London)
£103
Elot Chartered Banks...
Brot
2311 £14] $8.3
Mercantile Bks. "A
2312
Do.
Bist
Bank of East Asia.....
$82
,Antamoks
435. 4.20
N. C. & S. Barks ...
Atoks
68
66
Insurances
$270
Canton LusaraUN 16,
$170
Baguio Gold
35
301
7584
Union InsuraDOGE .....
e d
1680
Benguet Consol
15 14.75
$1
Underwriters
132 oth
Benguet Explor
25
24
1402
China Fires ***......
$457
1355
H.K. Firetrackets
3260
Big Wedge
50
SFIT!
4.25
63 €6 65
35
351
.
International Assos, S.
Demonstrations
90
96
H
136
$30
116/3 #11
Shipping
Douglases ***
Steamboats
Ludos (prof.)
Dio. (def.)
helle
Waterbosta
Itogons
2.30 2.30
2,35
L. X. L.
2.30.
N
202 230
33.00
Inabatos
63
89
G
$30
$20
Northern Mining
20
28
E
118/3
Paracale Gumaus
85
80
D
$12
San Mauricio
.3.70
3.70
3.75
Mining
15 cla
Balatocy
Sayoc Consol
71
71
3.70 72
19:
11
97
2.34
19 ato,
Gold Kives
...... it
(0) obi
United Paracales...
9.95
2.25
48 ots Gold Creek......
150 ots
17 otel Salacobs
14 ots.
16
2.10
13/0
+2
18
Godowns, etc.
3.14 H.K. & E. Wiarte.
120 ct
Du. (old)
Du. (new)
Providents (oil)
Do. (new) 12. H. & W. Docks
S. China Motora 'A'
1811 Shanghai Docks S. New EngineeringsS.
Kailnus vs
*
10,-
Lengketa (single) S.
$4
Explorations.......
Smaugh Loan
12
$12
Market Comment.
Q
L
Q
ន
ន
છે
'D
Q
W
i.
ទ
S
Venezuvan Gold Fid..
$8
Docks, WharTOS,
BANGIOX
BATAVIA
BOMBAY
THOY
SINGAPORE
Chairman.
CALUUTTA CANTON CAWKPORE CIBU COLOMBO
· KUALA
HITIAWAN
LUMPUR
SOUNARAYA
KUCHING MADRAH
TAIPINO..
TIENTBIN
MANILA
ТОЖИКАЯ
DELHI
MEÐAN
(Bhuket)
HAIPHONG HAMBURG
NEW YORK
TRINGTAO
PRIPING
3112
$2.10
15 ote.
$12
$81)
$16
Hongkuw ......
Lands, Hotels, and
Bui dings
$5.FU
H.K. Hotels
$5.95
$41
UK and.....S.
1101
106
Do. 4% Dobentures
$102
$13
Shanghai Land... s.
$1.
Metropolitan Landé,
36.80
34
China Do .........
H.Kesltiesmam na
£60
Do. Debontares 3.
394
Humphrey's .........$2.10
178
Chincse Estates..................
Cotton Milla
$10.40
Ewan
$10
$24
S'hai Cottonafold,S.
$1
342
Do
new)5.
2301
16
Zoong Sing.... 5.
$17
$26
Wing On Texble#[S.}
$26
$12.10
112.20
15
*
393
$95
$121
$14.40
114.30
·$11.20
$12
$531
354
3531
190
28.30
3991
Telephones (old)
$10.80
Do.
(new)
$39 $10.30
silt
China Buses
S.
17-
Traction
24/8.
27/
Do. (pret) ...
Industrials
$5
Malabon Segar
3920
Days of
E
310
Pabile Utilitiem
Tramways** Peak Trams fuidh, «**
Do. (now)...)
Star Forrige Yaumati Ferries...
Chias Lights (old)..
D
H.K. Electrich
Macao do
Saudukan Lights
(DOW)...
319 Caldbeck, ori.) A.
$3.20
Macgregor/(pre£..d.
Canton Ice
Cemente
Ropesri
Miscellaneous
Dairy Farms .......
33,90
$2 31.36
eve it:
$11.76
33.80
$221
AUTHORISED TO
SELL STOCK
Philippine Mining Companies
Hon. Mr. & H. Dodwell,
Hon. Mr. M. T. Johnson,
J. R. Mason, Esq.,
E. 6. Morrison, Esq.,
T. E. Pearce, Esq.,
A L Shields, Esq.,
7. M. GRAYBURN, Esq., "
Chiel Manager.
Branches:
Iloilo Peiping
Bonguon Saigou
3.85
3.70
Amoy
Bangkok
Ipoh
Penang
Batavia
Jobore
Bombay
Kobe
Calcutta,
Kowloon
Canton
Kuala
Colombo
Lyons
R
PHILIPPINE MINING.
NEWS
Protecting The Public
The following is the concluding
Mining is at best a speculative. that title has been authorized by portion of the list of mining, cor- industry. Those who invest in new recognized authorities either here porations and associations authoriz- mining enterprises must realize or in the engineer's home country, A number of men, supposedly engl- ed by the insular treasurer to sell this. The ordinary difficulties en- stock or units to the public as.of
countered. however, make the in- neers, are and have been for some mining October 2, 1936, released for pub-dustry quite risky enough. There-time signing reports as lication.
These companies and their par value, appear below.
Paracale Amalgamated Mines. Inc. P0.10.
engineers when actually they lack both education and experience in that profession.
tore no man-made hazards should be added to endanger investments. Recent happenings have made
The Investing public has been clear the need for stringent laws controlling the promation methods | fleeced but seldem here, consider- of the organizers of new mining ing the companies. At present there seem to be no laws, at least no adequate laws, for the protection of the in-
Paracale Mining Development Company, Inc. P0.01.
Paragous Exploration Co. P0.01. Pavacol Exploration. Lac, P1.00. Philippine Dorado Mining Cor-vestor against fraud on the part poration P9.10.
of claim owners or unscrupulous
Philippine Mineral Mining Cor-engineers.." poration P0.01.
Placer. Operating Corporation P1,00,
Pugo Mining Company P0.10. Philippine Mines Syndicate P1.00. Philippine Chromite Mining Company P0.10.
Philippine Gold Mines, Inc. P1.00. Company Mining Prudential
PO.10.
Pilar Coopper Mines, Inc, P0.10.
Peninsular Mining
P0.10.
Payas Manganese Mining Co.. Inc. P0.10.
many companies which have been started. The few cases in which fraud has been evident have caused considerable commo- ton at the time, but no legal ac tion has been taken as yet. "As is the universal rule, legitimate busi- "Salting is a deliberate attemptness suffers from the work of the on the part of some one to deceive crooks in-the industry. the investing public. There have Unless steps are taken to insure been successful cases of "salting" the Investing public against "salt- In the Philippines within the pasting and against the activities of year. In each case dozens of in- meginate members of the engl vestors lost money because of false neering profession, there will be reports based on assays of "salted more and more failures among the
new mining enterprises. damples.
What can be done about ""salt-
ing?" At present, apparently noth Companying. In the cases just referred to. a thorough legal and engineering would reveal the investigation guilty persons, Nothing in way of criminal action has been done about any case of this kind so far. Whether or not anything will be done remains to be seen: **
Rainbow Exploration Co., Inc. P1.00,
Rio Verde, Inc. No par value. San Jose Syndicate Mines, Inc. P0.10.
San Mateo Mining Inc. P0.10.
REMOVAL OF TRADE BARRIERS
the Opportunity Presented By
Monetary Agreement
Chefoo
Dairen
Foochow
San Fran
cisco
Lumpur Shanghai London Singapore Sourabaya Sungei
Malacca
Haiphong Manila
Hainburg Muar
Patani
Tientsin
Hunkow (Johor) Tokyo
Harbin Mukden • Tsingtao Hongkew
I
New York Yokohama
in Current Accounts opened Local Currency and Fixed Deposita received for one year or shorter periods in Local Currency and Sterling on terms which will be quoted on application.
Also up to data Safe Deposit Boxes in various sizes To Let.
Hong Kong, 3rd July, 1936.
HONG KONG SAVINGS BANK
Bank is conducted by the TBE Business of the shore HONG KONG & SHANGHAI BANKING CORPORATION. Rules may se obtained on application,
For the Hoxe Kosa & SHANGHAI BINKING CORPORATION:"
V. M. GRAYBURN,
Chief Manager. Hong Kong, 4th February, 1936
BANK OF EAST ASIA, LIMITED.
Authorised Capital Paid-up Capital ....... Reserve and Undivided
HANKOW
HARDIN
(Peking) РИМАНО
HONG KONG KANGOON
YOKOKAMA
saxBOÁNGA
FoRxION EXCHANGE" and General Banking Bainesa transactod,
CURRENT ACCOUNTS opened and FIXED DEPOSirs received for One Year or shorter periods at rates which will be quafed on applica tion.
The Bank's Head Office in Lon den undertakes Executor & Trustee business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained at "any of the Agencies and Branches.
A. BREARLEY,
Manager.
11
11.
THE CRASE BANK
QUEEN'S ROAD CENTRAL
HEAD OFFICE:
18, PIE STELET,
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
THE CHASE NATIONAL BANK, Naw YORK, with Resources over U.S.. $2,827,000,000,00
D. M. BIGGAR,
Manager.
THE YOKOHAMA SPECIE BANK
This Baak is entirely owned by
LIMITED
Uapital (fully paid up).
Yen 100,000,000.03. Reserve Fund Yen 180,900,000,00
HEAD OFFICE:-YOKOHAMA
BRANCHES AND AGENCIES AT: Rangoon Alexandria. Honolulu Bangkok Hsinking Bio do. Karachi Kabe Sax London
...$40,000,00€.00 3,569,000.00 2,685,396.52 Batavis
Berlin Bambay Calcutta
Brofits
HEAD 07710-HONG KONG. No. 10, Des Voeux Road, Central
Bowel of Directors ::
Sir Shooson Chow, Chaimman Ld Koon Chian, Esq. La Lan Sang, Eeg, P.K. Kawi, Kaq Wong Chuan, Kag, Wong Yun Tong, Bag, Kan-Ying, P, Ex, Chan Ching Shok, Esq.
Kan Tong Po, E., Chief Manager, Li The Fong, Eaq, Manager..
Paris, Oct. 18. The International Chamber of A second grave danger to the in- Commerce considers the monetary Company,dustry lies in the activities of thin-agreement into which the Govern- Amy
ing engineers who are such I San Mauricio Mining Company name only. There are but a few "These few reap's of such men, P0.10.
rich harvest in booms such as the present one in the Philippines.
Shevlin Gold Mining Company P1.00.
Amasomente
Ch. Ftainment.......
311
42.
Constructions, (old))
Do.
(new) 10 ota.
Lane Crawfords...
15,90
15
Mackintos
Kanyang Tobacco
33
14.30
$3
$4.85
Watsons
50 ot.
31 **%
3109 $100
352
$42
Santa Rosa Mining Company P0.01.
Southern Paracale Mining Co. Inc. P0.10
Staceres...
40 ct. Wm Powells,
M. Greyhounds.....
8. C. Enterprises
42 Las
95% Ch.G.5X19980, Bd.
H.E. Bork
Do.
Wallace Harper.
H.K Wing Ou
Vibro Piling
prem.
100
S'hai ·Do
HỒNG LÒNG IDE TAET
HONGKONG METEOROLOGICAL
REGISTER.
From October 20 to 28, 1938.
HIGH WATER. “
LOW WATER
Day
*que
Bong
Kong
Standard
Time.
b. m.
Hong Kong Standard Time
sah....
at 4 p.m. 10 s.JB,
30.8 Barometer... 29.97 Temperatare 81 Humidity. Wind-
Hong Kong Ubervatory, Oct. 18,
Previous On Date On Date st
at 4 p.m.
29 86
ៗទ
77
50
52
23 12 14 5
17.61 23 10 1432 4 8 23 47 7,5
06 23
8 1
1635 07 20
1881
Direction Force Weather Bain 144
N 2
WBW
2
B
1
Height.
Tues 20
Wod 21
Thar ? Fri. 23 0088.7 2
8234 Highest open-air Temperature, 18:73 Lowest open-air Temperature, D:By
Bat.
24
San 25
70 10.36 0147
-11 97 02 19.6 7 16 15 5 3
24
1.4
28.00
Mon 28
0449 8.4
BEAT."
Calc
· Carlos · Haiphong Bankom
Boeschau and, Agencije —
voozrática
Kowizua Londos
Pernas
RADOOD
Balgen
Kälbourne San Frase
Jow Yook desetle
Laka
Paria
SOLLTONY'S
Puntow Byuday
Thoku
a. ant
ENARTING (4
Stag
Pelping Впере
Tokyo Vancouver Yokəkanım
ments of Great Britain, the United States and France recently enter- ed offers a signal opportunity to start sweeping away all trade re- stractions, whereas failure to selze The usual practice of such so this opportunity may threaten a
Every description of Bankina Salacot Mining Company P0.10.
par called engineers, who have but a serious risk of a series of new cur- Solano Oil Company No
Loans granted on spproved value.
meager knowledge of geology, min-rency deprectations and the inten- and Exchange business transacted, Southern Luzon Mining Companying, or, milling, is to become enga sincation of economic warfare.
Current Accounts opened a These reflections are embodied in ged with a new mining company P0.10.
which has money at its disposal. the report of the Comell of the In- Local Currency and Fixed De- Southern Cross Mining Company
The prendo engineer makes many ternational Chamber, which outposits received for one year or in Local and P0.10.
Santa Maria Development Min-examinations. His reports shownies a plan whose main recom shorter periods
the immediate Foreign Currencies on tarins which high assays, and after a few mendations ing Company 250.00.
months a large are body is block conclusion of bi-lateral treaties de will be quoted on application. ed out (on paper only)! The com- afgried to demolish commerce bar- Rafe Deposit Boxes To Lo
substantial rers and pave the way for multi- pany pays him monthly fee. It spends its money lateral agreements open to all i
Bula Oil Company No par value Suyor Consolidated Mining Co. P0.10.
Surigao Consolidated Mining. Company 20.10: *
Tagumpay Mining Co., Inc. P0.10.
at his direction. A mill is planned. comers. Eventually the money runs out, So
Are
KAN TONG PO,
OMel Manager
EXTRA MANILA CLOSING QUOTATIONS
+ By this means the Chamber be- does the "engineer." On checking teves international trade can best up on his work, the company finds be stimulated. that there is no ore reserve," and Reuter that what mining work was done.
1
Extra Manila "cioking quotations
Takip Placer Mining Co... Inc. was done feclently and hapH.K. SHAREBROKERS Sus, kindly supplied by Messrs.
P0.10.
Tinago Consolidated: Mines, Inc. P0.10.
Tingulan Gold Mines. Co. P0.10. Tiyaga Mining Co. Inc. P0.10: Tuban Mining Company, P1.00. Ukab Mining Company P0.10. Union Mines, Inc. P0.10. United Paracale Mining Co. P0.10," Universal Exploration & Min- ing Company P0.10.
Valley Placer Mining Co. P0.10. Virác Exploration Company P0.10. Zambales Chromite Mining Co. Co. P0.10
P0.10.
hazardly,
No man should be permitted to ase E. M. after his name "unless
Kalinga Goldfields Mining Asso- ciation P100.00,
Pilon Gold Mining Association P100.00.
Rizal Gold Mining Association P100.00.
San Rafael Gold Mining Asso": ciation, P100.00.
Santa Fe Gold Mining Associa
Zamboanga Minine Exploration on P100.00,
Blerra Madre Gold Mining Asso Zigzag Gold Mining Co., Inc. clation P100.00.
Mining. Syndicate Buso Gold P100.00.
Cagam-Is. Gold Mines P0.01.20 Banban Gold Mining Associa-1 Atok-Mother Lode Association
P100.00, tion P100.00.
B-Blue sky; C=Cloudy;: DF010. Drizzle; TFog; I-Lightning; 4'8 | M-Mist;. O Overgaet; P=Fasting Showers; J-Squalle R-Rain: T Thunder.
18 35 59 1918 120
ASSOCIATIONS
ASSOCIATION
BUYERS
Humphreys, $9.15. Earos: 310.23. Y. Ferries, $224.
SELLERS Wharves, $113." Humphreys, $10.40. Trams, $12.20
ANALES Hotels, $5.921 Zwos. $10.30. Lights Old, $14.30. Atoka, $107.
Northern Mining, 474cts. San Mauricio, $8.
anta Rosa, 131 sta Cements, $11.75.
Pray dents. Old, $2 10, Consol Mines, 91 cta.. Masbate, $102).
Ellis & Edgar.
Morning Closing Quotations
East Mindanao,
Canton D'airen
Janeiro.
Francisco
Los Angeles Seattle
Manila Semarang
Moji
Bhanghai.
(Dalog) Nagasaki Singapore-
Fengtian Nagoys
Soersbaga
(Mukden) New York Bydney
Hamburg Osaka Bankow
Paris
Tientsin Tokyo
Harbin Peiping Tsingtao Hong Kong
Yinkow
Interest allowed on Current A- counts.
Deposits received for Fixed Periode at rates to be obtained on application,
G. KISHINAM),
Manager, Hong Kong, 11th Sept, 1986.
SINGAPORE RAW RUBBER
Latest Singapore Prices
D. B. JOSEP & CO..
Hong Kong Oct, 19. Maasra. H. B. Joseph & Co. re- telved the following quotations Cur- (rom singapore in Straits rency for Raw Rubber.
Buyers
Spot
Nov.-Dec.
Jan-Mar.
April-June
Market: Quiet.
Tinago
Active steady.
271 unchanged 274 unchanged
27 unchanged · 27-unchanged
26
Afternoon Closing Quotations Aznor Conso).
Hong Kong. Oct 19.
Agnor Consol.
Centavos
23
Consol. Mines.
East Mindanao,
Consol: Mines,
06 -.
Equitable
.38;
Gold Creek
.28.
Equitable
.20
Ipo Gold
205
Gold Creek.
294
Mineral Resources
.41
Ipo Gold
20
Mother: Lode
35
Mineral Resources
41
Paracale. Gold
465
Mother Lode
.34.
Salacot
1015
Paracale Gold
AS
Sta Rosa
08
Universal Expl.
.38
Sta. Rosa
.00
Maraman
141,00
Universal Expl.
39
Dayaka
395
Marsman
141.00
Cocogiave
2.25
.394
Kambulao
55
3.20
North Mindanao
Ung
58
Ung.
Salacot
Dayaka
Cocogrove Mambulao
North Mindanao Syndicate Invest Development Inc.
Syndicate Invest
Development Inc. Tinago