1936-08-10 — Page 13

HONG KONG DAILY PRESS MONDAY, AUGUST 10, 1936.

THE SHARE

LONDON EXCHANGE RATES

13.

NDL

FAR EAST EXPRESS

PASSENGER & FREIGHT SERVICE. -

Port*

Kare. Obianos. Llabon, Autwerp, Retterdam, Hamburg, Bramen...................... Mar Flox 6'hampton, Bostanlar, Kreman, Hamburg

'pora, Belawan .............

1

Date

Ang $1

From Hong Kong to

Europe

Tomat

Trà

Garleen

Ang.

Straits & Cayton

Manlia

Trave

-

QuelMBAY Seharuhart ...

·B'pare Ponnay, Baluran, Colombo..

Kaile

Asg.

21

Hanile

Sept

Scharnhorst...

B'bai. Tokobama, Ka

Sept

Potedned....

S'hal. Yokohama, Kobe

Det

4

Дольи

Shanghai, Tringtao, Dairro, Taku,

Y'bama, Nagoya, Kobes

ART.

91

South Aa lelands

Madang, Salamana. Habeul, oto, ....

Aug.

11

Hept.

11

Shanghai & Japan

Shanghai, North

Bremerhaven.... Rabani. Taing, Karing, etc. ......

Sabject to Altenlos withoil Notise.

For Padang adil Freight apply to:-

NORDDEUTSCHER LLOYD BREMEN

Quver's Building.

MELCHERS & CO.

AGENTH..

Telephone 7,

CANTON AGENTS: JEBSEN & JO,, SHAMEEN, B.C.

THE

CHINA-SIAM LINE.

· HONG KONG-BANGKOK

.. "HIRAM”.

J.. "HELLAS!

leaving Hong Kong 18th August via Swatow. leaving Hong Kong 25th August ria Swatew HONG KONG-SWATOW-AMOY 10..HAI HING" leaving Hong Kong 23rd August mA HAI LEE” leaving Hong Kong 31st August Accepting Passengers & Cargo for all the above metioned ports. HONG KONG-SINGAPORE-PENANG---RANGOON

Regular Express Service

CL.A. "HAI HING" leaving Hong Kong 28th Angust Accepting cargo for all the above mentioned ports.

Excellent passenger accommodation available.

For freight, passage rates and all other information-dpply to 1-m *THORESEN & CO., LTD.-

General Agents.

Tel. 30237.

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” Aug. 10th

Tel 22533

For Freight and Passage apply to:-

W. R. LOXLEY & CO., (CHINA) LTD.,”

York Building.

Agromix:

THE BEN LINE STEAMERS LTD.,

DEVALUATION

OF FRANCE -

London Views

BERLIN SHARE MARKET

MARKET

Harriman's Weekly

Paris

Geneva

Review

Berlin

Athens

Xian

Shanghai

Saturday, Aug. 8.

634

(BITION WIRELESS MARFION).

Augwat d

August &

76 13/64

67 23/64

15.40

15.43

12.484

12.03

529

63.13/18

5.02 1/16

5.022

7.394

7.402

Eo-day

Vienna Prague

121

3318!!

Bucharest

675 S.

Madrid

3x

381

Lisbon

Hong Kons

Messrs. G. A, Harriman & Co.'s weekly share report and market review issued

at noon

states:---

Bright

to

·

and cheerful

DLS

New York Amsterdam

Brussels Montevideo Belgrade Montréal Yokohama

Helsingfors

Rio

Buenos Aires Stiver (Spot Silver (forWARE) War Loan

29.801

29.85

5 02

38 13/16 5.021

19 9/16 31% 1061

Closing Quotations

19 11/18

OM. NEW YORK: ---

Bank "Billa, on demani 3015/16 | Credits, 60 days' sight. 31

Aug. 8, 1638. On LoNDON:-

Telegraphic Transfer.. Bank Bills, on demand 13 1E ON BATAVIAI– Bank Bills, months'

PRESIDENT LINER TRAVEL SERVICE

is Yours to Command

Proudon Liner breguent mailings and their unique abopovar' privileges allow ZON, TO travel just exactly as you choom. And Dollar Biesmahip Elves and American. Mali Live worldwide edo sad aguaia are mahutained to. merve you ashore in whatever place yan Make your sex trip iners enjayable, travelling “The President Lake way."

To SAN FRANCISCO

To SEATTLE, VICTORIA Via Shanghal. Kobe, Yokobama, Via Shanghai. Kobe. Yokohama Honolulu, San Francisco, PanS MIR

and Victoria, Canal, Havana, New York.

M'night Aug. 14th Prom, Cloveland M'night Aug. 25th Prea. Grant Pres. Coolidge Noon Sant. Sth Prom. Jefferson M'night Aug. 28th Pres.Taft M'night Fopt. nd Pros, Jackson M'night Sept. 11th .Pres. Hoover Noon et Prea. MoKinlay M'night Sept. 25th Oct. 20th Prea, Grant M'night Oct. 9th Pres. Pierce M'aight

EUROPE, NEW YORK

Vis Manilla, Singapore, Fenang, Colombo, Bombay, Buáz Canal, Naples, Genos And Marselles

MANILA

THE MOST FREQUENT SERVICE

"Next Sailings

Pres. Wilson 8 am. Aug. 15th | Pres. Wils a 8 m. Aug. 15th Pres. Monroe 8. Aug. 29th Pres. Cleveland 6 p.m. Aug. 18th Pres. Van Buren 8 mm. Sopt. 1th Pres. Jefferson 8 p.m. Aug. 22nd Pres. Garfield 8 m. Sept. 26th Pres. Coolidge 9p.m. Aug. 27th Prer, Polk 8 m. Oct. 10th Pres. Monroe 8 m. Aug, 29th MOST FREQUENT SERVICE, ON THE PACIFIC

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

PEDDER BUILDING-HONG KONG, WANTON BRANCH :~4, AXAKEN 10AD),

On demand

4D0/18 |

sight

O PARIA

Credit four months'

sight

1/33/14

Bank Bills, on demand 471* Oredits, 4 month's sight 800

ON SAIGON:

On Demand

1082

On demand

461 / 8

ON MANILA : ----

591..

Un demand

617

ON BANGKOK :—

CONSIGNEE NOTICES.

1051

On demand

1801.

SOFTLIGNE. Bank Buying

Bate

BAR SILVER, per ol

1/3 3/1 190

ON SINGAPORE:-

On demand On JAPAN:

On demand On Ixpia:-

Telegraphic Transfer... }*18

Bank, on demand.........

· PHILIPPINE MINING

NEWS

CONSIGNEES' NOTICE.

THE BEN LINE STEAMERS, LTD.

From LEITH, MIDDLESBRO', ANTWERP, LONDON AND STRAITS.

THE SS. "BENYORLICH."

marketi have been the order of the week. with still greater activity display- ed in Philippine mning shares. The popularity of these mining descriptions continues to expand And although business transacted In this Colony be even 15% of the volume done in Manila, where on Thursday last over eight million shares changed hands for a tot aggregate value of close upon Ps. 4,000,000. demand here is increasing. with buyers taking an ever grow- ing and more intelligent interest in their choice of purchase. People of this colony have done well out or these mining stocks, und proats made should ultimately be invested in local shares, the boom in Manila must eventually im- prove our local market. It may be of interest to point out that Manila really calls the tune in making the market in Philippine mining shares, for as stated above, | Ox SHANGBAL:- the local volume of business, al- though, expanding is but a small percentage of that transacted in Manila Of Hongkong shares." utility leaders have kept "fully steady, with Telephones dealt in at $27 cum dividend and Electrics at $524. Trams however, on the an- nouncement. of only a 20 cents interim dividend (against 40 cents. this time last year) came down to $10.60 and Lights, have dropped $11.50. Yaumatt Ferries ex- changed at $20, Star Ferries re- main unchanged at $90 sellers. In the Docks & Wharves section, HK & K Wharves eased to a selling rate of $96, and the act- vity in Providents having subald- ed, these are now quoted at 1.55 nominal. Steamboats are $4 bid- and Cements close either side of $9.60. Ropes were sold at $3.60. Dairies are firm at $21 buyers cum Interim of 50 cents. Hotels.are quiet and on offer at $5.10, sellers, at the moment predominating. Hongkong Realites can be taken at 34.30. Banks are 1590 cum and Unions" $5474 respectively, business having been done at these rates. '-- In a written report, F. B. More- Mining shares have been very house, general superintendent at active and a general enhancement Big Wedge for Atok Gold, states: 1 values has taken place. An- "The mill is working like a charm. tamoks rose sharply. at close. There has never been a breakdown to $5.35.

Atoka have been well of any kind, or a stoppage of mill-made by A. D. Alvir, consulting en- supported up to 95 cts.. Bagulos ing. Since we have eliminated the

gineer, on the gold, iron and chro- have risen to 44 cts, Benguet | Broadway ore for the time being. mite properties of the Dulangan Consolidated to $23 after higher due to excessive "copper in the Mining Interests Company, Inc., on levels, Benguet

the island of Sibuyan and in the & Clark. Explorations to ore, results are very nearly what 38 cts, and Big Wedge have been we expected.

province of Zambales. the medium of large business; At "By the end of the month the

There are several tunnels being the commencement of the week crew should know their work fair-worked in the Dulangan Group. the last named share dipped to by well and the operation be more Assays from tunnel number I gave 55 cents, but closes strong at 63

or less routine, with uniform re-

more than $20 a ton, and the vein cta., Consolidated Mines quiet for suits. Mill heads should also im- Is about three feet wide. When some time, are again in active de- prove decidedly within a few days taken over, this tunned looked mand, and after big business at There was a large amount of more like an open cut than a fun- 53 -cts., close 64 buyers. Ipo Gold broken ore at the beginning, innel, and because of its poor foca- are now favoured and this share the old stopes, that run from $4.00 tion nothing has been done except looks like reaching higher levala. to $10.00 a ton. It was necessary retimbering. The quotation is 34 cents, buyers Itogons are steady at 23 bid. but TX, have shaded off to $2.90 Masbate were dealt in at 95 & 96 cta, and have closing buyers at 94 cts. Northern Mines taken in quantity at 37 cts & 37

Paracale Gumaus after ex-

cta.

were

buyers over. Salacots close in active demand with

Big Wedge Is Running Well

W. W. Harris, president of the Atok Gold Mining Company, which operates the Big Wedge property, returned from a vialt to the plant ir. Baguio, and reports that the mill is working efficiently.

The company was formed to ac quire a group of claims th the Bicol region adjoining the Cabil property. It was learned.

1)

ALVIR REPORTS ON DULANGAN

A preliminary report has been

to clean out that are in order to One of the most important tur- get all waste. We could not a-nels of this group is the East tun- ford to use it for fill and there -nel, work having been suspended in was no way to store it. Bo it had other places to be concentrated to go to the mill.

here. Several veins have been cut, with good assays resulting. ⠀

"This low grade broken ore is nearly cleaned up now and, as I said, our heads should improve de

cidely. After all, we are trying to save every ounce of gold we posal--

tensive dealings at and near 75 to are sales and buyers .at 18 bly can. We are now conducting cts. San Mauricios are again experiments on the Broadway 'ore. higher at $280. Suyoc have be- We can get a fairly good extrac ......“Hoog Kong Dally Press" Special) come an active counter here and tion with fotation, but I am not after declining to 55 cts. were lift- quite satisfied with that way out. Berlin, Aug. 7. Prices so pronounced on Thurs-ed by geen demand to 57 cts.-531 am now working with cyanide cts, closing. United Paracale re-generation, and that may poss- London, Aug. & day continued on Friday, shares Fears for the French Cabinet's being offered in large amounts, de- touched $2.20, but coming under kly be the solution of our trouble ability to carry out, its reflationary mand being almost entirely ab-pressure, due to profit taking with Broadway ors.

A feature during eased to $1.90, programme without resorting to sent, so that all prices were under the week was the wide change in devaluation persist, causing a far- pressure. The Mining shares were ther fall in the gold currencies in the chief sufferers, but also the quotation of Gold Creek shares. At one time down to 12 cents. terms of sterling, though the vd shares of West Deutsche Kaufhof these suddenly appreciated to 65 lume of business is fairly small. whose board of directors also re- cts, on rumours of acquisition of The franc is also weak compared cently warned against over-optim the mine by the Antamor Co. to the dollar, making gold spip-ism, were depressed, weakening Santa Rosa also rose sharply to ments from Paris to New York to 55. News from Spain also had 2 cta, sales and Gold Rivers close profitable. The British control a sobering effect. Fixed Interest with keen buyers at 12 cents. has refrained from intervening. Securities on the other hand were Raubs were dealt in at 11/60. The

very resistent but the turnover was mining market closes very firm. not great.

The Paris corespondent of the „Times"" estimates that the Govern- ment in two months has added 11,000,000,000 francs to the deficit

Call Money rose from 24-ta: 8, Young Loan stood at 102, Reichs-

in the 1936 budget "by obstinately! banks declined 2 to 193, Dyetrusts

REICHSMARK RATES

Berlin, Aug. 7 Reichsmark quotations" (without guarantee)-

New York

clinging to the gold standard, the plunged 4 to 165, Balzdetfurth (Hong Kong Daly Press" Special) Government virtually giving them-' Potash was unquoted, on Thursday selves only a few months within, was at 179, United Steel Works which to succeed. So long as the dropped 4 to 107), German Miner- present franc parity is maintained al Oils plunged 5 to 124, Slemen- before shalske: weakened 21 to 1991 and the polley must succced

Bemberg Rayon.declined 1 to 844- Christmes if it succeeds at all"

Transocean News Service. Despite the very uncertain financial outlook. the night of French capital has not yet assum-

ed

dangerous dimensions, the tional complications arising from weakness being attributed prin- elpally, to nervousness at Interna-

the Spanish revolt.-

Reuter.

Parla

Amsterdam London

..40,31

...610.5

59.225

$12.485

Paris Sterling [18.21 (low), 78.25 (high) 15,179 ("ow),'· Dollar

15.182 (high). Transocenn Yews Service.

"There have been no further developments underground, due to difficult going in both main faces, The Mogul is in good ground and almost to the point where we should cut the vein. Extraction from the ore we are milling is very satisfactory. The July 24th report shows an extraction of 93.8′ per cent. Some of the extractions were somewhat higher. Everything is running smoothly, and there is no disappointment in our former cal- culations whatsoever.”

NEW COMPANY IN BICOL AREA

Another company has just been added to the growing list of min- Ing concerns in the Albay district with the incorporation of Banso Gold Mining Company on July 23. Its authorized capital is P1,000.

Incorporaters were G. H. Bleeper, 3. C. Cowper, Joseph Pastori, A. Byap, and R. Yusor..

JONSIGNEES of Cargo are hereby

informed that all Goods are being landed at their risk into the hazardous and/or extra hasardons Godowns of the Horo Kone And Kowloor WHANY ARCH | GODOWE OCHIANY, LTD, whence and/or from the wharess Delivery may be obtained:

No Claims will be admitted after the Goods have left the Godowns, and all Goods remaining undelivered after the 5th Aug, 1936, will be subject to rent. All Claim against the Steamer muới be presented to the Underrigned on or before the 29th Aug., 1836, or they will not be recognised

To comply with the General Bonded Warehouse Regulations consignees must have Revenue Officer in stten dance when damaged dutiable goods are examined.

CONSIGNEE NOTICES.

NOTICE TO CONSIGNEES

OCEAN STEAM SHIP CO, LTD,

AND CHINA MUTUAL STEAM NAVIGATION CO., LTD,

NONSIGNEES par Co.'s Vossa!

*** BUMAEUB"

FROM UNITED KINGDOM TIA SINGAPORE. are hereby notified that their Cargo

into be discharged

Holt' Wil Wharf, Kowloon, where it will be st Consignees rise and ubject to Tarm and Conditions of Storage at Hol Wharf. The Carge will be ready for Dalivary from Godown on and after 7th Aug.

Optional Cargu will not be landed here unless Notice has been given prior to Steamer's Actival, but carried on from port to port to the final port of mail to which the option extends.

All broken, akafed sad damaged Gooda are to be left in the Godowns, where they will be examined on any Tassdayw and Fridays between the how of 10.45 .. and Noor within the Fros

All broken, chafed and damaged Goods | Storage period are to be left in the Godowns, where No Claims will be admitted after 12 é they will be examined on the 13th Ang Goods have left the Steamer's Godows 1936, at 9 AM, by Messrs. Carmioł sel | and all Goods remaining undelivered after the 15th Aug, will be subject to Bent

No Fire Insurance has been effected Bille of Lading will be countersigned by W.B. LOXLEYà Co. (CHINA) Izr..

Agunta. Hong Kong, 8th Ang., 1838

All Claims against the Steamer musi be resented to the Undersigned on or before the 29th Aug, 1986, or they 4814 will not be recognised."

No Fire Tasaranos will be effected. »

BUTTÆRFIELD & SWIR

THE EXCHANGE MARKET

MESSRS. ROZA BROS.

Saturday, Aug. 8.

Silver prices rose 1/18 yesterday The West tunnel is considered important, and drifting is being for both deliveries the quotations done to follow the vein. The three being 194 for Ready and Forward. tunnels mentioned are all well tim Silver advices reported India - as bered throughout. Only hand having bought. China and spect

lators sold. Buyers were satisfied. drilling is being used at the pre-After the official fixing the mar sent, and

ket was quietly steady, In America. the rate was unchanged at 444 for avaliable.

Spot

skilled labour is not

When developments are farther along, it is likely that experienced miners will be brought from Luzon.

Several open cuta, shallow shafts, trenches, dog holes, and pits are being dug on various parts of the

outcroppings, e

Toup to explore indications and

SINGAPORE RAW RUBBER

Latest Singapore Prices

י

The London/New York cross rate was quoted at 5.02 7/16. The New York/London rate was higher at 5/02 15/32

MARKET Steady but, quiet..

STERLING

A

small business was done during the early part of the mor- ning at 1/2 29/32 for August, de

8th Aug., 1998

[4619

NOTICE TO CONSIGNEES

PENINSULAR AND ORIENTAL- STEAM NAVIGATION. Co.'s STEAMER "BANGALORE.”

ARRIVED HONG KONG OF STK AUGUST, 1936.

FROM ANTWERP, LONDON,GIBRAL- TAR, MARSEILLES, MALTA, FORTSAID DEN, COLOMBO AND STRAITS.

named Vessel are hereby formed MONBIGNEES of Cargo by the above- that their Goods are being landed and placed AT TIDUR zisk in the Hong Kong and Kowloon Wharf söl Godown Cou- pany's Godowns at Kowloon, where each Danzignment will be sorted out Mark by Mark and Delivery can be obtained st the Goods are landed.

Optional Goods will be landed hers unles Instructions have been given to the contrary Biz Hours before arrival of the • Steamer. M

Goods not cleared within 6 days

very. The market closed" with incinding date of arrival will be subject to sellers at 1/21 August/December. Rent See buyers at 1/2 29/32 for any de-o Tire Insurance will be effected by ifvery.

U.S. DOLLARS H. B. JOSEPH & CO.

Some business was done early in the morning at 31 3/16 for Saturday, Aug. 2.

August delivery. The market Mesars. H. B. Joseph & Co. re- closed with sellers at 31 August ceived the following quotations and probably September and 31: from Singapore in Straits Out-1/18 October/November, buyers at tency for Raw Rubber:-

Spot Sept.

Oct-Dee,

Jan.-Mar.

Market: Quie

Buyers

28 unchanged

26 unchanged

267 unchanged

1/16 higher respectively.

-að in any case whatever, memorabl

Damaged Packages must be left in the Godown for examination by the. Oos- ignees, and the Company's Surveyor Mears Govan Douglas, at 10

Mondays

Bad Thursdays, witida, the Free Storage period.

Consignees are specially notified thas

* is necessary for Hewnue Oncer to be presents the examination

by dasticbin car

sysinst the Bbenzser minst to the Undersigned; our or press 1988, or they will not be recognised

SHANGHAI DOLLARB Sellers were quoted at 1031 for before cash, buyers at 103 3/16.

- SHANGHAI MARKET There were sellers of Sterling at 271 unchanged 1/2 13/32 and US Dollars at 30

3/16 for cash.

No Clan will be admitted after tha Goods have left the Godowsk MACKINNON, MACKENZIE & 06.

Hong Kong, 8th Aug., 1836, 14812