1936-08-05 — Page 13

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