1936-08-07 — Page 13

HONG KONG DAILY PRESS, FRIDAY, AUGUST 7, 1936.

H. K. STOCK

LONDON EXCHANGE RATES

NDL

-FAR EAST EXPRESS

PASSENGER & FREIGHT SERVICE,

ܐܫthan:-rn

Straits & Ceylon

Manila

Trava

anus

EXCHANGE

(Baitzen WILELIS.: ÜERVIEW?

August 4.

Farls Педета

.78 9/63

15.38..

Angust 5. 76 9/81 15.381

Berlin

12.47

.12.47

Athena

Milan

53)

Shanghai

New York

5.011

5.01 11/18

Amsterdam

7.381

7.39

673

121 676

YESTERDAY'S OFFICIAL QUOTATIONS"

Although the market continued quiet there were enquiries for most of the public utility counters resulting in Sales in Electrics at $521, Trams at $11.40 and Dairy Farms at $211.

The Manila market Pemains 1 steady.

BUYERS

Vienna Prague

Bucharest Madrid

4

From Hong Kong to Euroo

Forta

Dato

ITATU

Mere... Chlazen, Lisbon, Antwerp, Rottarian, Hamburg, Bremen, · ·

Marn, luna, S'hampton, Rotterdam, Bremen, Hamburg

Aug.

S'pore, Belawan

Aug. ᄇ

B'pore Porzug, Delawan, Colombo,

A

21

Manila

*

HK. Steamboats, $4."

Manila

Bept 25

Venz, Goldfelds, $43.

Bhai, Yokohama, Kohu

Sept.

hal Yokohama, Koba

Det.

baoghal, Talmętaż, Deirea, T'dama, Nagoya, Nɔbenaka Madang, Balanca. Rabeul, ein,

labani, Talagi, Kaylong, nic.

Taku.

Az #

Aug IJ

Boph 17

Shanghai & Jaoan

Shanghai, North China & Japan

South Sea Islande

Scharnhorst....

Sebaraborat ........ Fuenlace .......... Donau c

Urteri?

Subject to Alteration wilkuat Notice, For Passage and Freight apply to:

NORDDEUTSCHER LLOYD BREMEN

Q's Huilding.

E.

MELCHERS & 00.

"AGEN

Telephone $777.

CANTON AGENTS: JEDSEN & CO., SHAMBEN, B.0.

THE

1.8. "HIRAM "

CHINA-SIAM

HONG KONG-BANGKOK

6.a. “HELLAS"

LINE.

leaving Hong Kong 18th August via Swatow leaving Hong Kong 25th August via Swatow BONG KONG-SWATOW-AMOY 15.8.HAI HING" leaving Hong Kong 23rd August m....“ HAI LEE " leaving Hong Kong 31st August Accepting Passengers & Cargo for all the above metioned porta. HONG KONG-SINGAPORE PENANG-RANGOON Begular Express Service

.. "HAI HING" leaving Hong Kong 29th August

Accepting cargo for all the above mentioned ports.

Excellent passenger accommodation available.

For freight, passage rates and all other information-Apply to -

THORESEN & CO., LTD.

General Agents.

Tel, 30937.

Queen's Building.

S.S. "BENVORLICH"

Sailing for LONDON,

ROTTERDAM,

ANTWERP, HAMBURG, HULL and LEITH on or about the 11th August

Cargo will also be accepted on through Bill of Lading to the usual transhipment ports.

Next Sailing for JAPAN S.S. "BENMACDHUI

Tel 22633

:

**

Aug 10th

For Freight and Passage apply to:-

W. R. LOXLEY & CO., (CHINA) LTD., York Building. Agente:

THE BEN LINE STEAMERS LTD.,

· SINGAPORE RAW RUBBER

Latest Singapore Prices

H. B. JOSEPH & CO.

Thursday, Aug. 6. Messra, H. B. Joseph & Co. re- celved the following. quotations from Singapore in Straits Our- rency for Raw Rubber:

Spot

Buyers

4.26 down i September ....... 261 down t 261 down i 271 down i

Oct.-Dec.

Jan.-Mad Market:-Qulet.

REICHSMARK RATES

("Hong Kong Bally. Prose" Speċial;

Berlin, Aug: 6.

The Reichsmark was quoted, (without guarantee) at:-

New York ... 40.22

Paris....

Amsterdam

London

+008.5

*********... 59.23 -"

12.47"

Paris quoted the Pound Sterling

at 78,12 to 78.15 and the USA, DĢl-

lar at 15.178 to 16.179.-. Tranioccan News Service.

H.K. SHAREBROKERS ASSOCIATION

Buyers

Wharves, $95. Hotels, $4.90. Realtles, $430. Dairy Farms CD, $201. Atoka, 93 cts.

Bagulo Gold. 42) cts." Beng. Explor., 36 cts. Big Wedge, 60 cts, " Consolidated Mines, .057 cts. Gold Creek, 65 ct... Gold, Rivers, .054 eta. Ipo Gold, 30 cts.

Northern Mining, 37 cts. Paricale Gumays, 74 cts. Balacots, 13 cts. Santa Rosa, .06 cts. Sugoça, 57 cts.

Sellers

Underwriters, '95 cts. Wharves $96.. Atoks, 98 cts. Big Wedge, 64 cts. Gold Rivers, 07 cts. Balacots," 15cta. Buyocs, 69 cta..

Kales Providents New, 10 eta, Trams, 11.30. Electrics, $521.

Telephones Old, $27 CD.. Baguio Gold, 43-42 cts, Atoks, 93 cts.

Antamoks, $5.35

Atoka, 87 cts.

Baguio Gold, 40 cts.

Benguet Explor., 34 cts.

Consolidated Mines, 5 cts.

Ipo Gold, 32 cta.

Itogons," $2.70.

Paracale Gumaus, 72 cts.

'San Mauricio, $2.80

Electrics, $524.

1

Telephones (Old), $284. Constructions (New), 30 cts, Ch. Govt, 5% 1925, Gs Bonds

921%.

Govt. 4- Loan, 6% Prem, ex.Int. Govt. 3% Loan, par.

SELLERS

Benguet Explor., 36 cts.. Demonstrations, $1.55. Hong Kong Trams, $11.

SALES

HK, and W. Docks, $14. Antamoks, $5.35. Big Wedge 86 cts. "Consolidated Mines, 54 cts.

Demonstrations, $1.52. Northern Mining, 37 cts. San Mauricio, $2.80. Suyoc Consol., 55 cts.

United Paracale. $2.20. Hong Kong Trams, $11.40.. China Lights (Old), $11. Electrics, $52). Cements, $9.65, Dairy Farms, $311,

THE EXCHANGE MARKET

MESSRS. ROZA BROS.

Lisbon

Hong Kong

Brussels

1/2 29/32 29.77

1/3 15/16

29.79

Montevideo

381

Belgrade

220

219

Montreal

5.014

501/8

Yokohama

Helsingfors

་་-*

Rio

Buenos Aires

Sliver (Spot

Silver forward)

191 19 9/18

19 0/16

33% 1061

13 9/16 31% 1061

War, Loan

On LONDON: -

Closing Quotations

Aug., 1638.

Telegraphic Transfer... 12

ON NEW YORK:

Book Bills, on demand 13 e OS BATAVIA- Bank Bills, 4 months'

Bank Billa, on demanul 301/18 Credits, 60 days' sight. 31

On demand

451

wight

ON PARIS:~~

Credits four months'

Bank Bills, on demand 468

right

1/3 3/16

Oredits, 4 month's sight' 497

ON SALOON

1027

On demand

46 9; 6

ON MANILA:-

321"

On demand ----

... 617

ON BANGIOI:—

105

On demand

1001

ON SHANGHAI: —.

On Demand

ON SINGAPORE:-

On demand

On "JAPAN-

On demand

ON INDIA:

Telegraphic Transfer...

Babk, on demand......... }×18

SOVEREIGNS Bank Buying

Kate

BAR SILVER, per os. ...

PHILIPPINE MINING

NEWS

Outstanding Mining Operations

1/3 3/16

109/16

(Through the courtesy of Messrs. G. A. Harriman & Co.) Outstanding among the newer be continued in the future, on a mining operations in the Philip quarterly basis. pines is Demonstration Gold

Underground development at De- Mines Ltd which has a cyaulde monstration has been good, and it plan: in the Baguio district. This is reported that the ore reserves plant was first started in January. have been increased substantially

aince the first of the year.

1935, and results have been sa

on June 18, 1936 it was decided to satisfactory since that time, that expand the plant to a dally capa- city of 300 tons.

The price for Ready Silver rose

R. L. Lile is general superinten- 1/18 yesterday but the Forward

dent of Demonstration. rate was unchanged, the quotations

Beaguet Exploration has an au- being 19 9/16 for both deliveries.

thorized capitalization of P1.500.- Silver advices reported India as

The directorate of Demonstra 000, of which F500,000 is paid up having bought. China and specu-who is also president of Benguet March, 1933.

tion is beaded by A W. Ralston, The plant was first started in lators sold. The market was quiet-

and has continued ly steady. In America the rate was Machinery & Supply Company. date. The ore reserves on January Exploration and of the Manila without interruption since that unchanged at 44 3/4 for Spot.' 'The London-New York cross-rate a 100-ton leaching plant in the P484,020.

Benguet Exploration operates 1 were 49,300 tons, valued at <was quoted at 5.01 5/8 The New Baguio district, - York-London rate was quoted at

Work is now being carried on to 5.01- 27/32.

Other directors of Demonstra-improve milling eficiency by tion are W. 8 Price, vice-presi means of increasing grinding capa dent. B. H. Berkenkotter, J. Don conditions.

city and improving general opera- Highsmith, and Rafael R. Alunan, The directorate

Steady,

MARKET

-STERLING

any delivery.

W. A. Salomon is general super-

of Benguet "Ex- ploration interlocks with Demons- intendent of Benguet Exploration.

PHILIPPINE MINING

"

The market opened with sellers at 1/2 7/8 for near and forward, ploration

tration to some extent, the Ex- buyers at 1/2 29/32. A small busi-Berkenkotter, J. D. Highsmith, M directors being B. H ness was reported at 1/2 7/8 for Morgan, and E. B. Ford, vice-pre-

RATES October delivery. The market closed with sellers at 1/2 7/8 Aug.-

sident,

(Through the courtesy of Messrs. November, buyers at 1/8 29/32 for tenth plant to go into production Demonstration, which was the

G.A. Harriman & Co.)

Thursday, Aug. 6. in the Islands, is capitalized at The following are to-day's open- P1,000,000, of which all is paid up. ing and closing rates on the During 1935 the company milled Mantle Stock:... 54,760 tons, and produced. P930,343, Names The ore reserves as of January 1 were 200,729 tons, valued at P5.- 145,364 This is positive and pro- bable ore only, possible are not being included

U.S. DOLLARS

A small business was done at 31 1/8 for cash. There were sellers at 31 1/10 August-October, and 31 November-December, buyers at 1/16 higher respectively.

SHANGHAI DOLLARS

Some business was done at 103 1/8 for cash. Sellers at 103 1/16 buyers at 103 3/18 for cash.

SHANGHAI MARKET

-

There were sellers of Sterling at 1/2 13/32 and U.S. Dollars at 30 1/8 for cash.

IN THE AFTERNOON The market was steady but quiet

in the afternoon.

STERLING

In sterling business was reported at 1/2 7/8 for December. The market closed with sellers at 1/2 7/8 August-December, buyers at 1/2 29/32 for any delivery.

U.S. DOLLARS

The market closed with sellers at 31 1/16 August-September and 31 October-November, buyers at 1/18) higher respectively.

S

Beng.. Explor.. 37 cts,

Consolidated Mines, .054-058 cts. Gold Creek, 35-50 cts. Gold Rivers, .051 cts. Northern Mining, 37 cta.

Paracale Gumans, 75 cts.

E s. 55-57 cts.

United Paracales, $1.95.) Lights Old, 311)

months of 1936 were outstanding'y Operations during the first five

Buccessful. Net earnings were P307,- 073 of which P284,547 was in "ne current assets. The efficiency of the mill was considerably increas ed, and extraction raised corres pondingly. Demonstration pad its first divi-

dead, of 10 per cent, on June 20; this amounted to P100,000. It is believed that this dividend rate will

Big Wedge ..Demonstrations

Itogona Masbate

Opening Closing

Ps. Fa. 3.25

Antamoks Atoks Bagulo Gold

3.40

57

57

261

201

Benguet Con

15.00

14.50

Benguet Explor

221

24

39

39

95

95

1.80

1.80.

62...

52

Northern Mining Paracale Gumaus IXL

22

23

48

£7

1.85 1.90

1.70

1.76

331

35 1.20 1.15

San Mauricio Suyocs United Paracale

Market

PRESIDENT LINER TRAVEL SERVICE

is Yours to Command

Predons Linern", temqznak sailings and their unique, stopover privilegus silos FOUR TO Sraval jus actly as you choose. And Dollar Sisamship Lines and american Mail Li werkiwida olles aust, agents, uzr meintained to sures you sahore in whatever pince you chance to be. Make yone want trip more enjoyable, travelling "The Frenxdent Line way.",

To SAN FRANCISCO

To SEATTLE, VICTORIA via Shanghai, Hobe, Yokehama

and Victoria.

Via Shanghai. Koby, Yokohama, Honolulu, San Francisco, Panama Canal, Havana, New York. Free. Hoover 64m. Aug. 8th Prea Grant M'night Aug. 14th Pres. Cleveland M'night Aug. 25th Prem Jefferson M'night Aug. 98th Pres. Coolidge Noo Sopt 5th Pres, Jackson M'night Sept. 11th Pres, Taft M'night Sopt, and Pros. McKinley M'night Sept.15th Pres. Hoover Noon Oct. 3rd Pres. Grant

EUROPE, NEW YORK

Via Manila, Singapors, Fanang, Colombo, Bombay, 8nez Canal, Naples, Games and Marsellies.

M'oight (ct. 9th MANILA

THE MOST FREQUENT SERVICE

Next Sailings

Pres. Wilson 8am. Aug. 15th Fres. Grant 6 p.m. Aug. 8th Pres. Monroe 8 am, Aug. 29th | Prea. Wilata 8 a.m. Aug. 15th Fres. Van Buren 9am. Sept. 19th Pres. Cleveland 6 p.n. Aug. 18th Pres. Garfeld Bam. Sept. 26th Pres. Jofferson 8 pm. Avg 2nd Pres. Polk 8 m. Det. 10th Pres. Coolidge Pr.m. Aug. 27th

MOST FREQUENT SERTION ON THR PACIFIO

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

PADDER BUILDING— HONG KONG. CARTON BLANON :~~Ą BRAKNI KOAD,

CONSIGNEE NOTICES.

NOTICE TO CONSIGNEES

urd

OCEAN STEAM SHIP CO., LTD

UHINA MUTUAL STEAM NAVIGATION CO, LTD

NONSIGNEES per Co's Vessel

NOTICE TO CONSIGNEES

PENINSULAR AND ORIENTAL-

STEAM NAVIGATION Cas STEAMER "RAJPUTANA.""

"ÁRIVED HONG KONG. ON 5TH AUGUST, 1838.

FROM ANTWERP,LONDON.GIBRAL- TAR, MARSEILLES, MALTA PORTSAID, ADEN, COLOMBO

AND STRAITS.

·" TYNDÅREUS " PROM SEATTLE, VANCOUVER AND VICTORIA VIA JAPAN are requested to take Delivery of Flour ONSIGNEES of Cargo by the shore- and Lumber Shipments as soon as the

named Vossel are hereby stormed Vensel is ready to discharge and are

that their Gords are being landed and Lereby notified that if their Lightres are placed AT TERIX RX in the Hong Kong not placed alongside the Vassal A and Kowloon Wharf and Godown Cou required Holt's

their Shipments will be dispany's Godowns at Kowloon, where each charged into What!, Kowloon, af

Consignment will be sorted out Mark their expense, where the Cargo will by Mark and Delivery can be obtained He also at their risk and expense and

Are Goods subject to the Terms and Conditions of Optional Goods will be landed here Storage at Holt's Wharf Steamer will unless Instructions have been given to the Ble Hours before arzival of the commence Discharge on the 6th Aug.

General Cargo will be discharged into at Consignees risk and subject to the Holt's Wharf, Kowloon, where it will lie

Terms and Conditions of Storage at Holt's Wharf, The Cargo will be ready for Delivery from the Godown on and after 5th Aug.

|

Steamer.

are landed.

including date of arrival will be subject to Goods not cleared within 8 days

No Fire Insurance will be affected by us in any cam whatever. -

be present at the examination of

Consignees are specially notified that, it ia necessary for a Revenue Officer to damaged dutiable cargo.

Damaged Packages must be left in the Ali broken, shaled, and damaged Goods Godowns for examination by the Cen will be aramined on any Tuesdays and are to be left in the Godowns, where they signos, and the Company's Surreyors. Metern. Goudarz & Douglas, at 10 am, Fridays between the hours of 10.16 on Mondays and Thursdays, within the and Noor within the Frae Storage period. Free Storage period.

all General Cargo remaining undelivered No Claims will be admitted after the Goods have left the Vossal's Godown, and

after 19th Aug., will be subject to Bent.

All Olaims against the Vemel must be presented to the Undersigned an or before the 28th Aug., 1938, or they wil not be recognized.

No Fire Insurance will be affected.

* BUTTERFIELD & SWIRE,

Agenta 5th August, 1836.

[4607

INCOME TAX IN

CHINA

"Chambers Petition

All Claims against the Steamer must be presented to the Undersigned on of before 26th Aug, 1936, or they will not be recognized.

No Claims will be admitted after the Goods have left the Godown. HAUKINNON, MACKENZIE & Co.

Aganta. Hong Kong, 5th Ang., 1833.

14604

NORDDEUTSCHER LLOTD.

For Postponement THE S

BREMBA.

* GWEIBENAU " having" arrived from BREMEN. HAMBURG and Ports, Consigneen" of Bhanghai, Aug. 5.`

Cargo are baraby notified that their cargo Twenty-one Chambers of Com-

is being landed at their risk into the merce representing merchants, in Godowns of The Hong Kong & Kowloon seven provinces and 14 municipal-} Wharf and Godown Co., Liá., Kowloon, itles and halen districts, whose where delivery aan be obtained. delegates on Wednesday concluded

Consignees are further notified t an assembly in Shanghai, ha78 taken at HAMB RG and BREMEN the Steamer * ONEIBENAD " bas jointly submitted a petition to the through Executive Yuan and Ministry of 5.5 for HONG KONG

SHELBING IV, 8.6. Finance Reking for a postpane-AL COPENHAGEN, BLE

B.S

and ING, OSLO and RAUMO,

All

"ment of the enforcement of the

newly promulgated income law.

While the income tax is a law-

ful and good source of revenue, the petition declares, it must come after the end of all exhorbitant and

the 11th August,

goods remaining undelivered after

will

be subject to reat.

1888

NO FIRE INBURANCE will be effected by nail any case whatever,

Illegal levies which are likian In | Damaged packages must be left in the changed and camounaged, forms, godown for examination by the con Steady Steady such as the "Rehabilitation Tax Messrs. Anderson & Aahe, at 10 am, ou

MANILA MINING SHARES

for Clean-up of Bandita" in Kiang- al, the "Sericultural Improvement. Tax in Cheklang. the "Produc tion and Sales Tax in Kwang tung, the "Landing Tar" in Sze chuen, the "Military Fee Tax in Kwangal and the Special Con- sumption Tax in Shensi, Kansu 'and Yunnan.

Under varied names, levies are being imposed on native goods or Chinese manufactured goods with the rates about 10 timer heavier than the likins of the old days, the petition pointed out

ngnees

and the Company's BUTTRYCKE,

the 10th August, 1935.

Consignees must have a Revenus dutiable goods are examined by

in attendance when damaged Company's surreyors.

d by the

No claim will be admitted after the goods bare left the godown and al Aims must be presented within Te

Two: Weeks of the ship's arrival which date they will not be recognised. their Bill of Lading to the undersigned Consignees are requested to warrender for countersignature.

MELCHERS & 00,

Agenta NORDERVESCEKR LLoyd Baumer, Bong Kong, 4th August, 1976.

5.8.30

STOCKS

Closing

Antamoks Atoke.... Baguio Gold

P.3.25

Bievod.

25

Benguet Consol. Beriguet Explor. Big Wedge Demonstration IXL

P.14.50

6.B.38

6.6.36 Opening Closing P.3.25

P.3.40 57C708: 264. P15

23

+224

261.. P.14.50

24

401

39

39

08

95

.95

..

P.1.90

P.1.85,

P.1.90

P.1.75

P.1.80

P.1.80

DDCAN

62

€2

62

23

23

47

47

1. All varied forms of likins are abolished, and

the Chinese controlled

areas as

P.1.80

P.1.70

P.1.75

334

P.1.35

334 P.1.20

-35

P.1.15

Itogona

Masbate Northern Mining

„Para. Gumada -Ban Mauricio

Buyoc Consol United; Parscente

46

In conclusion, the Chambers de clared that the income tax re- gulation should be, enforced unti

2. Arrangements are completed well as in the foreign soncessions.

for the collection of Lavies from all and settlements.

Chinese and forelmers residing in Union News.