12
DAILY SHARE QUOTATIONS
Hong Kong Stock
Exchange
Sharebrokers'
Association
HONG KONG DAILY PRESS, MONDAY, SEPTEMBER 27, 1937.
THE EXCHANGE
MARKET
MESSKS. KOZA BROS
Saturday, Sept. 25. Silver prices were unchanged 1168c yesterday, the quotations remain- ing at 10 15/18 for Ready and 10 13/16 for Forward. Silver ad- vices reported America as having bought. Business
WIS small.
RAUB
AUSTRALIAN GOLD MINING
CO., LTD.
The following is the report of the Raub Australian Gold Mining Co., Ltd, for the four weeks ending September 11:
Bareve Baltec
Nemin
SATURDAY,
Bollars
| Buyarn.
Sales .Manloa
SEPT. 25,
Banks
81,850
H. K. Banks
(9
£97
"Po. (London) ...
207
Section
2134
Chartered Banks ..... |
213
£33
Mercantile Bka. “A'
Bukit Koman
£15
Do.
C
T
£15
Derrick-
$101
Bank of East Asian
Anderson
N. C. & 8. Banks..
Insurances
1200
Canton Insurancse,
$790
1810
Vaica Insurancos ...
$560
32
Underwriters
32
1YNO
H.K. Fires... .............
$975
$3.
International Ássce, 3.
Shipping
After the official fixing the mar ket was steady. American Silver was quoted at 441 for Spot.
The London New York "cross- rate was quoted at 494.78. York London was quoted" at 495.
MARKET
Raub
Jalis
Malacca
New
Douglases
Dull.
$110
381
Steamboats
$31
STERLING
Indo-Chinas (pref.)
$31
$42
BANKS.
HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION
Authorised Capital
$50,000,000 Issued & Fully Paid-Up $20,000,000 Reserve Funds
AUSTRALIA AND CHINA Incorporated by Royal Charter 1953
HEAD OFFICE: LONDON: 38. Bishopagate E.C.2.
MINING-ORE BREAKING
Shalt Cross-
Winzing
and
Sterling
.....£8,500,000
Sinking cutting Driving Rising Total
Hong Kong Currency
Reserve
$10,000,000
35
276
184
90 593
118
33
206
Reserva Liability of
Proprietors
$20,000,000
Paid-up Capital.. Kezerva Fund... Reserve Liability, of Pro
£3.000.000
£3.004.800
115
61
18 194
185
479
190
854
Head Offen:-HONG KONG
94
35
11 157
17
68
83
Board of Directors.
G. Miskin, Esq.,
Chairman.
prietors.
MANCHESTER BRANCH: 71, Mosley Street, Manchester...
£3.000.000
52
805
919
317 2,187
Hon. Mr. M. T. Johnson,
A
North and South drives (55 feet. East extended to 16 feet and 21 feet respectively on low grade.
J. K. Bouafold, Esq.,
BANGEDE
A. H. Compton, Esq.,
S. H. Dodwell, Ex.,
BATAVIA BOMBAY
J. R. Mason, Esq.,
K. S. Morrison, Esq.,
CALOUTTA CANTON
• AGENCIES AND BRANCHES: ÅLDE STÅR ROILO Deputy Chairman. | AMRITSAR ТРОН
KĀRAORĮ KLANQ FORE KUALA
СОМРСВ
BAIGOM SEMARANG SEREMBAN
BHANGHAI
SINGAPORS
SITIAWAN
BOUKABATA
Hon. Mr. J. J. Paterson,
CAWNYO HE CEDU
SUCHING
TAIPING
MADRAS
TIENTSIN
COLOMBO T DELNI
MANIZA
TO GLAZ
MEDAN
Do. (def.)
104/4 Shella...............
Kailans ...
$9.30
There were sellers at 1/3 September/December, buyers ut 1 4/4 1/3 1/32 for
No any delivery, transactions were reported.
U.S. DOLLARS There were sellers at 31 Septem- ber/October. 3015/16 November and 301 December, buyers at 31 1/18 Cash/October and 31 November/ December.
$8.30
Waterbosta
Mining
15/6
$101 15
Raubs .......
18/7 11.45
Venezuela Gold Fids. 14.30
Godowns, etc.
3/20 121
HIK. & K. Wharves
****
33
L
* MA
I
Docks, WharTOS,
Providnuts (old)
Do. (new)
$128.K. & W. Docks
$8 hangasi Docka S. $31 New Engineerings 8.
Lands, Hotels, anit!
Bulidings
$12 Do. 4% Debentures
#6.10
3110
12.20
50 01.
$32
1
$108
$3
10.00
H.K. Hotels
$0.65
$341
H.K Landa................ S..
+35
$102
Shanghai Landa...S
Metropolitan Lands..
H.K. Realties.........
86.90
$1
China Du
160
Do. DekontureaS.]
ไป
Humphreys ....
Clunese Kilis ÇAN
Cotton Mu
$13.60)
$100
$13
$50
34
$34
$411
wus
S'ham CultonstoidƒS. news.
1.
Zaming Stugs pade Wiag On Textilos[3.)
Ewo Cotton Rts, S.
Public ties
$14.60 Tramways ............
$13.80 Chins Lights (old)...)
× ៤ 8
5141
$20.00 Telophones (old)...
Do. (new)...
SHANGHAI DOLLARS Nominal at 1037 for Spot.
SHANGHAI MARKET There were sellers of Sterling at 1/2 7/16, buyers at 1/2 15/32 for Spot. US. Dollars, sellers ät 293. buyers at 29 ̊13/18 for Spot.
H. K. STOCK EXCHANGE
SATURDAY'S
OFFICIAL
QUOTATIONS
BUYERS
The market was very quiet. Douglases, $481.
Indo-China (Pref); $51, Indo-China (Det.), $43. Union Waterboats, $9.30.
China Estates, $88.
314
Poak Trains (old)...
15
186
Va. (now)... 12). Star Ferries
ន
$27
Yaumati Ferries
197
$13
$13.70
Do. (007).
13.30
Peak Trams (old), $5.
159
H.K. Electrica.......
1604
Peak Trams (new), $21.
Macao do.
Saudakan Lights .......
$1,60
129.40 #.1.30
$19
China Buses .....S..
¥3,9
Tractions
SA/.
23/
Do. (prof.)......
Industrial
815
Caldbeck, Lord. S.
317
$15.10:
55.05
Maugrogors (pref.18.
Canton Lees
Ceraunts
Kupes
Miscellaneous
$261
Dairy Farmus...
15.20
Ch. F'tainments......
$1.60
$1.00
(now, #
10.65
Lane Crawforda......
*2,80
$5.40
Constructions, (old)) $1.60
Do.
Nanyang Tobacco...
Bingarsa
Watyona
S. C. Enterprises.
977, OG. 6x1925G.BAL!
pren. B
prem
*
اگر
$16 16.20
$24
$4.80
|18,50
$6,80
121
$3.35
$1
TC.B. Govt. 4% Loans)
B8%
3106
Do..
31%
Wallace Harper ....
160
H.K Wing On
362
ghai Do
14
Vibro Filig
$100 $4.90
24/44 Marsmoans Ir v. (Lon.
3/-
-
Wn. Powells
40 otr.
Sales to Shanghai "
LONDON EXCHANGE RATES
Paris
Geneva
Berlin
(British Wireless Service)
Sept. 22
144-31/32
Sept. 25 144-17/32
21,564
21.571
12.344
12.344
Athens
1.
Milan
94-3/16
1:
94-3/15
Copenhagen
Stockholm
Shanghal
1;2-5/16 4.95-5/18
B.97
New York Amsterdam
Vienna
Prague
Madrid
Lisbon
Hong Kong
Bombay
Montreal
4.951
Brussels
29.431
Yokohama
Belgrade
Monte Video
Rio
Bucharest
Silver (Forward)
Silver (Spot)
War Loan
Dn London:-
193
197 341002
Closing Quotations
September 25, 1837.
Telegraphio Transfer...
Bank Bills, on demand 1/27.
Credite. four months'
right
ON SHANGHAI:- A
On Demand
ON SINGAPORE!-
ON NEW YORK:
4.95-5/16 3.957
1413
4.95-5/16 29.45
19-13/16. 19-15/16
Bank Billa, on demand 30 Credita, 60 days' sight. 31f
554
ON BATAVIA:-
Bank Bills on demand 890- "Credits, 4 month's night 360-
On demand
ON PARIS:-
1/4
1012!
ON SAIGON;
On demand
41
ON MANILA:-
On demand
*61*
*On demand
Ing
ON BANGKOK:--
The "TirƊIA:-
Telegraphie Transfer.. Bear.. 42
On demand SOVEREIGNS Bank Buying
Pate BAN SILVER, DAP
1499
1/31/16
19 15/10
On demand
*On JAPAN —
Wm. Powell Ltd., 40 cents, Constructions (old), $1.60. Constructions (new), $1. H.K. Govt, 34% Loan, 11 prm.
WAR AGAINST INDUSTRIAL CANCER
LUBRICATING OIL. SPECIFIC
Discovery That May Save Thousands
A full report of the progress in the war against cancer in Britain, to be issued in November, may mean salvation to thousands of cancer patients, and to millions of potential victims.
Dr. A. E. Dunstan, of the In- stitution of Petroleum Technolog- ists, recently stated that it was now possible, owing to the work of the
Bukit Koman Section Main Shaft.Sunk 35 It. to 855 feet.
No. 7 Level.--South drive ad- vanced 80 feet to 885 feet on lode channel.
At 835 it, South an East crosscut was driven 27 feet and cut payable reef at 9 feet. The West crosscut was driven 19 feet, in country rock. No. 8 Level-South drive ad- vanced 47. feet to 220 feet South of Main Shaft in low 'grado reef channel-45 feet of crosscutting was done in country rock.
No. 9 Level-Main East crosscut advanced 112 feet to 211. At 180 feet East a 3 ft. reef was cut assay. ing 20.4 dwt. per ton. This is ap parently a totally new ore body. South drive advanced 27 feet to 700 feet in lode channel and 58 feet of crosscutting was done.
Derrick Section
No. 4 Level-South drive ad- vanced 28 feet to 23 feet. South Ini 5 feet. low grade reef.
No. 5 Level:(93 feet East),-South drive advanced 12 feet on low grade reef and North drive extend- ed advanced 16 feet to 325 feet in 4 feet reef assaying 3.5 dwt.
Anderson Section
No. 6 Level-South' drive ad- vanced 9-feet to 93 "feet on reef indicator.
No. 7 Level (41 feet West). Scuth drive extended 52 feet to 638 feet in low grade. reef. Various Crosscutting was carried out at this level
i
Raub Section
No. 8 Shaft-Work in this area is proceeding profitably.
No. 19 Shaft-Development has been stopped.
No. 20 Shaft-North drive at 38 feet East advanced 10 feet to 19 feet cutting payable reet. 'Other development is proceeding.
No. 23 Shaft-Drive at 82 feet
level advanced 13 feet on payable
reef.
No. 28 Shaft-Development un- satisfactory.
No. 20 Shaft (100 feet level).— North drive advanced 53 feet to 97- feet on low grade payable reef.
Nos. 30. 31. 32 shafts-Sinking proceeding.
Main Shaft (No. 2 Level).-South drive advanced 22 feet to 602 feet in low grade material.
East crosscut (330 feet North) driven 6 feet to 28 feet opening up payable ore.
No. 3 Level.-East crosscut (55 feet North driven 5 feet on low grade vein.
North and South drives (55 feet East) extended to 16 feet and 21 feet respectively on low grade vein,
H
-
Manchester Cancer Committee, to AUSTRO-GERMAN produce a minerai lubricating oil "up to Dr. Twort's specification."
Except to those familiar with the progress of cancer research, or who have followed the course of "The Manchester Experiment," the state- ment conveys little or nothing, but to thousands of men and women working in certain industries up and down the country it may well be a message of hope.
TRADE RETURNS
Vienna, Sept. 25. Trade between Germany and Austria increased considerably in the first six months of the present
A few years ago Dr. C. C. Twort, with the resources of the Manches- ter Research Unit at his command,
evolved a specification for all prac-
tically free from cancer-producing properties.
"DANGEROUS SUBSTANCES” The Departmental Committee on Cancer, in its report in 1831, stated
that mineral and shale olis were
recognised as capable of inducing cancer of the skin in those exposed to their action over long periods. Some workers in occupations in- volving contact with these sub- stances are exposed to this risk.
The dangerous substances are tar and certain coal and oil pro- ducts, and what the Committee describe as the "small proportion" of workers likely to be affected amounts to many
thousands of those admitted every year to the cancer hospitals and
material.
Jalls Section Main Shaft-Sunk 18 feet to 385 feet.
No. 3 Level--Advanced 3 feet to 211 feet on 3 ft. reef assaying 5 dwt, per ton.
No. 4 Level-North drive (35 feet East) extended 32 feet to 249 feet on low grade rect 38 inches wide.
At Jalls West a shaft has beer sunk to 30 feet and crosscutting started.
Malacca Section Malacca South driving and cross- cutting here is developing payable oxidised ore.
MINING ORE BREAKING
Ore
Section Bukit Koman Lilburne Derrick Anderson
T. E Pearce, Esq., A. L. Shield, Esq.. Sir Vandeleur M. Grayburn,
Chis/ Manager,
Amoy Bangkok Batavia Bombay
Branches:— Iloilo Paiping Ipoh Penang
Johore
Rangoon
Saigon
Calcutta
Canton Chefoo
Colombo
Dairer
Kobe Kowloon San Fran- Kuala
cisco
Lumpur Shanghai London Singapore Lyons Sourabaya
Foochow Malacca Suugei
Patani Tientsin (Johore) Tokyo Mukden Tsingtao New York Yokohama
420 Current Acconats
Haiphong Manila
Hamburg Muar
HADKOW
Sulphide Oxidised Ttl.
Harbin
1,962
1982
Hongkew
840
849
420
118 138 1,107
Malacca
119 330 31 77
440 108
3,847 1.204
Raub Jalis
TREATMENT PLANT
Ore treated tons, 5,253. Hours worked, 9,055.
258
opened in Local Currency and Fixed Deposits 1,197 received for one year or shorter periods in Local Currency and Sterling on terms which will be quoted on application..
Also up to date Safe Deposit 5,241 Boxes io various sizes To Let.
Hong Kong, 18th May, 1937.
HONG KONG SAVINGS BANK
Proportion. "of full time, 96.37 per THE Business of the above
cent.
Bullion produced oz., 1,779.51. Residues to storage dwt. per ton.
2.1.
Residues to discard dwt, per ton.
0.9.
Concentrale per ton, 31.3. Concentrate dwt. per ton, 8.1.
CONSTRUCTION
Power House.-Work is proceed- Ing. The suppliers have notified us that the delivery of the first alternator unit will be some weeks
Bank is conducted by the HONG KONG & SHANGHAI BANKING CORPORATION, Ruler may be obtained on application,
For the HONG KONG & SHANGHAI
BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 1st March, 1937.
BANK OF EAST ASIA, LIMITED.
late.
Authorised Capital ...$10,000,000.00 Merrill Plant Machinery erec-Paid-up Capital
5,598,800 00 tion is complete and the plant Reserve and Undivided water tested.
Profite
1,776,728.78
HEAD OFFICE:-HONG KONG No. 10, Des Voeux Road, Central.
Dragline Excavator.-The erec- tion is complete.
No. 1 Filter Section-All founda-. tions complete and the "gas scrub- ber building finished.
the
Agitators, Erection of agitator gear is proceeding.
Calcine Ball Mill-Erection com- pleted.
GENERAL
1
Owing to water ahortage at Sempam great difficulty is being experienced in maintaining essen- tial services.
BULLION Bullion dispatched, 1.779.51 oz.
CONTROL OF FOREIGN EXCHANGE
Germany Tightens Up Law
Berlin, Sept. 25.
Board of Directors:- Sir Shouson Chow, Chairman Li Koon Chun, Esq. Li Lan sang, Esq. P. K. Kwok, sq.
WongChuSon, Esq, Wong Yun Tong, aq. Kan Ying Po, Eng, Chan Ching Shok. ung PingWah,
Esq.
Enq,"
Kan Tong Pu, Esq., Chief Manager. Li Toe Fong, Esq., Manager.
HAIPHONG NEW YORK
HAMBORG
HANICW
BARMIN
PRIPING1
(Bhuket) TSINGTAO
YOKOHAMA
(Faking) BOJMEGEN- PENANG
HONG KONG BANBUON
FOREIGN EXɑnanas and Generai Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSIts received for Ona Year or shorter periods at rate. which will be quoted on applica tion.
The Bank's Head Office in Lon- doa undertakes Executor & Trustee business, and claims recovery of British Income Tax overpaid, on terms which may be ascertained. any of the Agencies and Branches
B. W. ROBERTS,
Manager.
THE CHASE BANK
16, QUEEN'S ROAD CENTRAL
HEAD OFFICE:
18, PIKE STILET,
NEW YORK.
An American Bank offering coun
plete Foreign Banking Service In the principal Markets of the world. Interest Bates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by THE CHASE NATIONAL BANE, Naw YORK, with Resources over U.S. $2,500,000,000.
D. M. BIGGAR,
Manager
ነኝ
THE YOKOHAMA SPECIE BANK
LIMITED
Capital (fully paid up) Reserva Fund
Yen 100,000,000.00 Yen 134,400,000.00
HEAD OFFICE:-YOKOHAMA
BRANCHES AND AGENCIES AT" Alexandria Honolulu Bangoon
Hrinking Rio do Karachi
Janeiro Baa
Francisco
Los Angeles Seattle
Manila Semarang
Bangkuk
Batavia Berlin
Kobe
Bombay
London
Calcutta
Branches and Agencies :---
Canton
Amer
Kowtoon Perang
Bourbark
Dairen
Batavia:
London
Rangoo
Bombay
Manila
Aaigon
Bwntow Byday
Caletta Canton
Nagwald
Haiphong Hantor Eopolute
New York
Onka
Paris
Kobe
Malbosina Ras Pran- Talhofu
400 Tituz destit Tokyo
Semarang! YanOVALVET Shangha Tokohama
Peping ngapare
Moji
(Dalny) Nagasaki Singapore
Fengtian Nagoya
Shanghai
Socrabays
(Mukden) New York Sydney
Hamburg Osaka"
Hankow Otaru
Harbin Paris
Tientsin
Tokyo
Tsingtao
Every description of Banking Hong KongPeiping. Zinkow and Exchange business transacted.
Interest allowed on Current Ao- Loans granted са
conuta. approved securities.
Current Accounts
||
برام
Deposita received for Fixed opened in Periods at rates to be obtained on The German law for control of Local Currency and Fixed De application.
Y. KANO, foreign exchange has been extend-poite received for one year or
shorter periods in Local
and
Manager.
ed considerably through addition- Foreign Currencies on terms which Hong Kong, 11th Sept, 1937. al regulations announced yester-will be quoted on application. day.
Safe Deposit Boxes To Let.
KAN TONG PO.
Chief Manager.
year, according to statistics pub- lished by a local newspaper to-day. The figures show that the total value of goods involved in export and import trade transactions A decree stipulates that all for between the two countries during eign securities must be registered the first half of this year,
at the Reichsbank. exceeded the corresponding total for the previous six months by
40,000,000 schillings.
The paper expects that the total turnover of Austro-German trade this year will be 4.000,000 schillings greater than in the past year.
The decree also states that all
sales of land in which transferring of money is affected, are subject to supervision by foreign exchange control officials.
PARIS WORLD FAIR
Berlin, Sept. 25.
ANTIQUES FAIR
Queen Mary Present
London, Sept. 24. "An Antiques Fair was opened at Grosvenor House to-day when antiques, none of which is earlier Reason for the decree is that
The German Commissar for the that 1830, were exhibited from all foreign exchange is still being Parts World Fair, Dr. Ruppel, is parts of the world. They includ- smuggled over the German fron- now in Berlin for the purpose of ed objects from toby jugs, worth Timber exports from Austria to Germany have been trebled, accor-tter by devious methods, and for discussing with competent quar-a few shillings, to treasures cost-
this reason the Reichsbank wishes ters the question of Germany's wil-ing thousands of pounds. to obtain a complete record of alllingness to continue participation The whole of the exhibits have
In the Fair in the event of it being been insured for £4,000,000, foreign securities in Germany.
Sale of land will be subjected prolonged.
Among interested visitors was to control because emigrants who It is understood that the French Queen Mary who lent 'the see no other way of transferring Government has sounded the Gov-exhibition a Georgian cup pre- their money to foreign countries, ernments of all states taking part sented by King George to Queen buy land in foreign countries in the Fair on this subiect, but Mary on the occasion of the which belongs to persons living in Informed quarters here have the Jubilee. -Revie Germany, paying for it in marks. Transocean News Service.
ding to the paper, which points out that the import of coal, machinery, medical instruments, dyes and pharmaceutical preparates from Germany to Austria also showed a great increase in the first half of 1937 Pikaceon News Sermer.
chimney-sweeps, and even farm labourers handling sheep-alp-all have for years been a source of anxiety to cancer research workers. The "Manchester Experiment" is
"Mule spinner's cancer," ' pré- valent in the South Lancashire | only.one of the lines of the at- cotton mills; the "paraffin cancer," tack which has been waging for among the West Lothian shale-years in hospitals, medical colleges, oll workers; the disease which may and research laboratories.
affect in different ways, brick- "It would be rash to exaggerate makers, blast-furnacemen, work- the importance of Dr. Dunstan's ers at gasworks and coke-ovens,' announcement," an official of the
Impression that most of the Gov cramenta concerned have no par- ticular enthusiasm for the proposal to prolong the Fair until next year.
RETAIL PRICES OF TEA ADVANCED
2
British Empire Cancer Campaign sald to a Press representative, but
In the case of Germany, the
London, Sept. 25. the effects of cancer-inducing olls question of foreign exchange must
Retail prices of certain brands form such a large aspect of the necessarily play an important part of tea are being advanced by 24. problem that any progress in this in reaching a decision, which con-a lb. from Monday. The charge direction would constitute a big sequently is not expected to be for higher-priced grades, however, advance in the conquest of cancer taken in the immediate future-- will be unchanged. as a whole."
Reuter
Transpotan News Service.