12
DAILY SHARE- QUOTATIONS
Hong Kong
Stock
Exchange
Buyout"| ¡allets
Galat
Sharebrokers
Association
SATURDAY.
|Namina
HTT
Kaliers
Salar
Bamins
DEC. 12.
Banks
$1,200 H.K. Banks
to. (Loudo
418)
3 11;}}::; ཀྱིདྡྷི།!F;
B12
Chartered Ban
2320 £15
Merengrile "A
Do.
180
Bank of East Astin
N. 0. a S. Bac assi Asurances
J2721
Cantou kuvirA KAKAT
$370
4516
Union insurauess..
Underwriter
615 $1
좋습니다
H.K. Fires.....................
International Assos. J.
*
Stripping
Douglases
$8,10
15
Steambata
Indo-Chinas (prof.)
5481
$6.10
MAT
W3
Do
(def.)
98/7
Shell .................. .......
97/0
19.30
Waterhouta
Mining
$9.30
17/0
***
Kailanganes
lex.div.
5.00
Kauba
XD
$19/3 38
16.
Venezuely ideid Fidu.
129)
U
#
$11.00 OR.
$10.80 0.R. $5,00
Ducks, Wharves,
"Godowns, etc.
6218
32
IK. &. Warte- Provulents (oldr
$116
$2,00
#301
26 cts.
! 9274
$100
13
35 rts.
Do. (now) H.K. W. Däck Shangmi Dock S. Now Engidanrius, 15. Lands, Hotels, and Bui dings
$8.90 H.K. Hotels
15,10
132 $100
H.K Lands.......... Do: 4% Debentures
#31+
$102
Shanghai Land.....
Metropolitan Landa..
$1.25 H.K. Konities...ku
$4.70
China Do.........
Do Dubeuturos.
B&
Humphreya............
38.40
可
Colton MilIm
Ewos
377
Chinese Estates......
S'lini Cottuunfold)S. (new).
1
Zoong Singa.....
13.30 TraDWDYB ............RIA
Sandingan Lights ...
Telephones (ald)
Do. (new)
China Buren
Tractions...
San Fran-
cisco
Kobe Kowloon Kuala
Lumpur Shanghai Loodoo Singapore
Sourabaya Malacca Sungei
Patani
(Bhuket) TSINGTAO
YOKOHAMA
(Poking) QANDA -
PENANG
MANG KANO, .... ANIOON
ག་་་
FOREIGN EXCHANGE and General Banking Business tradsacted.
CURRENT ACCOUNTS opened and FIXKI DEPOSITS received for Ope Year or shorter periods at rates which will be quoted on applies
tina.
The Bank's Head Office in Lon don ulertakes Executor & Trustee I business, and claims recovery of British Ineouse Tax overpaid, oc terms which may be ascertained » any of the Agencies and Branches.
B. W. ROBERTS,
Manager.
(Through Renter's Service)
QUOTATIONS
Now York: December 19.
Тольят Today' High Low Close
Change Clove 4.99/11/16 4.90-13/18 . 1/8 up 9.27 8.21 A.21 15, 2 15.18 15 35
912
PO
91
-May.
58)
58
117 118 117
147
40
1
High Low Dow Jones Avarages 194.40 113.64 $0 Industrial-
64.46 29.15 20 Rail 37,54 19.54 20 Utilities 105.89 91.54
Bonds 82.44 62.03
Doc. 19.
184.98 '. 186 92 158.18 126.63: 1.65 up 31.43 31.94 31,56 31.91 48 up 91.84 91.33 21.56 91.42
1 up $3.44
11 up Commodity Index 53.40
Business Dons:-500,7 shares.
/
Dec, 17 18
Stocks
น
9
Great Northera Rly. 24F
1451
** **REE SECSEBAB 85
47* 483
731
Holly Sugar Corpo.
Humble Ou
227
Int. Nickel
#
Int. Tel. & Tel.
22)
Int. Dept. Stores
221
Kennecctt Copper
31
Lambert Corpn.
13
Loew's Inc.
19
Lorillard
491
Mcintyre Porcupine
McKesson & Robbins 30%
242
1474
Monsanto Chemical 881
Montgomery Ward
841
Murray Corpå. ......
131
Nat Cash Registor..
323
Nat Dairy Producta 14
403
Nat Distillers
Nat Power & Light
77
New York Central..
.34
Niagura Hudson P.
Corpu.
HONG KONG DAILY PRESS MONDAY, DECEMBER 20,
THE EXCHANGE
MARKET
NEW
1937.
YORK STOCK EXCHANGE
KEJ
MESSRS. RÓZA BROS.
Saturday, Dec. 18 Silver prices rose 3/8 yesterday 1,500
for both deliveries, the quotations 2861 being 19 1/16 and 18 7/18 for £12 Ready and Forward respectively. Sliver advices reported India and speculators as having bought. Bears sold for forward on the
the rise. After
official
Axing Amerted prices were unchanged. bought for Spot. The market was quoted at 44.3/4 for Spot.
£15
180
$240
The London/New York cross- rate was quoted at 499.65. New York/London was quoted at 499. 11/16
MARKET
Extremely dull with no business passing.
STERLING
There were sellers at 1/3 De- cember and 1/2 31/32 January/ February, buyers at 1/3 1/32 Cash/ January and 1/3 February/March. U.S. DOLLARS Sellers at 31 1/4 Cush, 31 3/18 December/January and 31 1/8 February March, buyers at 31 5/16 Cash. 31 1/4 January/February and 31 3/16 March.
SHANGHAI DOLLARS
Sellers at 105 13/16, buyers at 105 15/16 for Spot.
SHANGHAI MARKET
There were sellers of Sterling at 1/23/16, buyers at 1/2 13/84 for Spot. U.S. Dollars sellers at 29 1/2, buyers at 29 9/18 for Spot.
H. K STOCK
New York/London Chows-rate Sew York Cotton-Mar. New York Rubber-Mar. Chicago Wheat -May Chicago Corn Winnipeg Whoat---May. Silver Official
1937
Stocha Adams Express Allis Chalmers Amer, Can
A Car & Foundry Amer. Cygnamid
Amer. & For. Power Amer. & For. 47 pt Amer. Locomotive Smer. Metals
Amer Radiator pra "Amer Robing Mill
Amer. Smelting Amer. Steel F'dries.. Amer. Sugar
Amer. Tel & Tel... Amer Tobacco "B" Amer. Waterworks
Anaconda COPPER A Atchison, T. & d. He Atlantic Refining Atlas Corpn.
Auburn Motors ...... Baldwin Locomotive
Bligh Low Close Change
BANKS
HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA
BANKING CORPORATION
Authorised Capital ............ $50,000,00% Issued & Fully Paid-Up 820,000,000 Reserve Funds: --
Proprietors
AUSTRALIA AND CHINA Incorporated by Royal Charte
HEAD OFFICE: LONDON. 38. Bishopsgate EC.2.
20
..... £3.000.0
£3.000.000
£3.400.000
...$10,000,000 | Paid-up Capital..
Reserve Fund $20,000,000 | Rosarys Liability of Pro-
priatere
Head Office:-HONG KONG
Board of Directors. G. Miskin, Esq.,
Chairman.
MANCHESTER BRANCH:" 71. Mosley Street. Manchester
AGENCIES AND BRANCHES: ALOK STAR ILOILO Deputy Chairman. AMRITSAR
HANUKOK BATAVIA BOMBAY
6,22
I up
Sterling
15.20
.00 off
Hong Kong Currency
911
1/4 up
Beaorve
DA
Reserve Liability.of
1101
1/4 off
unquoted
93,55 53,43
Hon. Mr. M. T. Johnson,
.03 up
(POB KARAOKI
BLIGON SEMARANG
J. K. Bousfeld,” Esq.,
SEREMBAN
A. E. Compton, Esq.,
KLANO KORE.
SHANGHAI.
S. H. Dodwell, Esq.,
SINGAPORE
Dec. 17
མ
Great Western Sugat 272 28
371
181
141
203
"
SATURDAY'S
OFFICIAL QUOTATIONS
The market was easier
BUYERS
Hong Kong Bank (Len.), £90, Canton Insurance. · $270,
Douglases. $48)
China Lights C.R. (Old), $11.” China Lights C.R. (New), $10.80.
Barnsdall Ol Benalx Aviation Bethlehem Stee) Boeing Airplane- Borden Co. Briggs
Brooklyn-Manhattan
Trans
Brooklyn-Manhattan
$a cum, pi
Case. J.L
Canadian Pacine
Celanese Corpn. of
America
Cerro de Pasco Certain-Teed P'ducts thesapeake
373
P
$7 "cum. pr. Baltimore & Ohio..
11
12
Northern Pacide....
121
121
14
14
Pacific Gas & Elec. 263
Pacific Lighting
371
37E
551
571
281
291
Paramount
10%
101
17
171
Pennsylvania R.R.
88.*
88
M'acturing 217
221
Phillips Petróleum
401
401
Public Service of NJ 331 Puliman Inc.
332
HONG KONG SAVINGS BANK
25
26 *
Pure Ol..........
107 11
93+
94
Radio Corpn of Ant.
R
Republic Steel
18
188
Reynolds Tobac. "B" 431
441
16"
St. Joseph Lead Co.
20
24)
75
741*
Corpa: 461
461
Chesapeake & Ohio 3711 Chrysler Corpn.....
374
161
171
55+
553
151
Columbia Gas & EL
ફ
9
Southern Cal Edison
211
Commercizi Credit 861 Commercial Solventa Commonwealth & 8. Commonwealth
Columbia 6% "A" pr. 741*
74
Southern Pacing
21 221
371
137
137
#
71
2 21
$8
Stand Gas & ec.
424
4211
251 251
242 241
461
Reserve and Undivided
57
91
Sterling Productz
562
30% 31
601
Swift International 234 Technicolor
234
171
18
Curtiss Wright (C)
31
34
Texas Gulf Sulphur 27
23
Curtles Wright. "A" 14 Delaware & Budson 16 Del Lackawanna &
Western "Distillers Corpn Sea:
141
15+
167
་
11
7+
73
20th Cent For Films
151 143
DL.
36
371
115
1178
bon
61
Un. Pacific
101
United Aircraft
Un. Airline
*TTANA-
53 531
7
Amuy
31
DATATIS
Bombay
584
ផ Corpn.
Baloutta
131
321 32
Capbui
Hulphony
New York
108.
Backow Honoluig
Uzakta
• Namseung|
Paris
441
KDOW
31
ཝཱཀྐོ}ཆྱེཡྻཱཝནྷིཎྞབྦོབྷཱཏྟཾ (ZZ12287ཊྛོ
ཙྩཙྩཊཀྐཎྷཏྟཱཏྟཱཏྟཱ (ནྡྷཡྻཱཀྐཱ,
ཙབློཚཏྟཱ
7728ཙྩཎྜཤྩཅུ)༢༧ཨྰཿཙྩ
ཚིརོབྷཱཡྻུཊྛོདཎྜཚུཚུ(ཎྜe
བྷུནེེཎྜནྡ#ཟླ་ྲ༠༠
eབྷོa##ཀྰཆཝ,
18
CALGUTTA
J. R. Mason, Esq.
KUALA
BITIAWAN
CANTON
247
LUMPUR
SOURABAYA
E. S. Morrison, Esq.,
Hon. Mr. J. J. Paterson,
CAWNPORE CHU
KUCHING
TAIPING
MADRAS
T. E. Pearce, Esq.,
631
*454
71
A. L Shield, Esq., Sir Vandeleur M. Graybum,
Chief Manager.
COLOMBO DALEI HAIPHONG
MANILA
TONSHAK
HRDAN
KEW YORK
НАКОТВО
PRIPING
103
BANICW
Branches:--
38
BARBIN
Amoy 112
110110
Paiping
49
Bangkok
Ipoh
Penang
Batavia Johore
Rangoon
103
-
Bombay Calcutta
Saigon
351
Canton 863 Chefoo
Colombo
Dairon Lyons
15
Foochow
14
Haiphong Manila
191
Barbin Hongkow
Current
$34
140
EXCHANGE
$9
29/6
Macao Electrics, $19. Sandakan Lights $141. Entertainments, $5.
Constructions (New), $1.. China Lights Rights, $5.
SELLERS
Wing Uu Textiles(S.)
Evo Cotton Res. 8.
Pabils Utilities
$12. of 813,0
171
Ponk Trams (old)...
161
13
Do. {1W)...)
13 10
$80
Star Ferries. ****
$80
$24)
Yaunisti Ferries
5244
+4
Chins Lights (old)... CA
$11.00
Do.
$5.00
Пот
(new)... DA KIA
$4
852)
H.K. Electrica sun
$10.85
Sagh
$19
3101
Macao do.
H.K. Steamboats. $8.10.
326j
9.30
93/9
73-
Do.
(prof.)..
industrial
Calduck.
P1
{Muogregues (éprefa8,
$1.70
Canton Icas
$1.70
$123
ment
$2.40 $12.60
$3.80
Rupes
13.80
H.K. & W. Ducks. $284. Macao Electrics, $191. Cements, $127.
SALES
Dairy Farma
134
$6
B
Canton. Insurance, $272), China Lights Rights. $5.
$1,00
Du.
38
Lane Crawfords...
(195 cts.
87)
Nanyang Tobacco..
$42
Binceres..........
$1,80
$43
Watsons
3. U. Enterprises ....
73%
prea.
HK. Gov. 4% (mapa)
prem.
Du.
$104 101
$5
Wallace Harper
$40
H.K Wing Ou S'hai
$40
$64
16
21/-
4/6
$24
Miscellaneous
Cb. E'tainmontasuna
11.80 Construction», ́(old.
75% Cu.G.5%19250.9Bda.
218
Do Vibro Piling Maramons Ir v. (Lon.)
175 eta Wm. Powells
•Salento Shrngbai
LONDON EXCHANGE
Parla
Geneva
Berlin
Athens
Milan
Copenhagen
Stockholm
Shanghai New York Amsterdams Vienna
Prague
(ELK.)
RATES
Dec. 16 -147-17/64 31.61 12.391
(British Wireless Berrics)
'147-19/64
21.801 12.394
94-15/16
95-5/32
4.99-13/15 8.981
4.99-13/16 8.981
Madrid
Lisbon
Hồng Kong
Bombay
4.99-13/18 29.40
4.992 29.41
Montreal
Brussels
Yokohama
Belgrade
Monte Video
Rio .....
Bucharest
Silver (Forward)
Bliver (Spot)
War Loan
On Lounur:
201
18-11/16 18-5/16
34% 1011
Closing Quotations
December 18. 1937.
Talographio Transfor...
Bank Bills, on demand Credits four months'
wight
1421
175 otr.
-18-11/18 18-1/18 31% 101-11/16
On New York:—
Bank Bill, on demand 2016/16 Credit",00 days' sight. 31 7/10 ON BATAVIA:-
On demand..... 55 ( PARIO:-
Bank Bille, on demand-910 Credits, 4 month’- sight 970 Os Ba
Op demand
1/a
Q* S¤angmar 1--
On Demand
1041
O SINGAPORN: ---
On demand
521
ON MANILA-
Op demand.
On Jar
OF BANGKOK:
On domand
1001
***On demand ........
INDIA:
Brak, so danand
201
611
เ
1/21/32
Talerzauble- Transfer... Jus
BovuRLIGES Bank Buying
Ban Grongu, nee O'searmonai" 19 1/10
TRADING ESTATE.
DEVELOPMENT
London, Dec. 18: The Commissioner for the Special Areas reports that con- siderable progrels has been made with the development of the North-Eastern Trading Estate at Team Valley, near Gateshead,
where 28 factories have been com- pleted, of which 26 are occupied.
Twenty-three factories are in the course of erection and 17 fur- ther tenancles have been definitely arranged.
cam. pl............*** Corisolidated Edison Consolidated O Continental Ou Corn. Products .......
"
Douglas Aircraft Du Pont Electric Boat
!པུརཱ
⠀
བྷིཀྑུཀྐོསྶ
⠀⠀
•
ཙ, དྷགྷ
er
བྷོཊྛུ
er
ཙུནྡྷབྷོནནྡྷོ
ཨྠབྷཱཝོཙྪནྟཙཎཱ gês-tera
ཌ
བྲཱནྡྷབྷཱཝནཱ
******
#8*88***
Elec. Bond & Share 10 Elec. Bond & Share
$5 pf....
Eice. Bond & Share
$6 pl.
3
50
Elec Power & Light 131
Elec Power & Light
441
$7 pf.
of
Firestone Tire & R Filatove
A considerable number negotiations for tenancies are in progress.
On the South Wales Trading Estate at Treforest, near Cardiff. four tenants are in occupation of factories and 15, further factories are in the course of erection,
The Commissioner's total com- mitments at the end of November
Gen, Asphalt ........... Gen. Cigar Cen: Electric Gen. Foods Gen. Motors
44
161
North American
Packard Motors
Phelps Dodge
Schenleysabienne Schenley 5% pt. ...
Sears Roebuck
Shell Union Oli Socony-Vacuum
Borthern Rly 5% pf.
Stud Brands
Stand Gas & Elec.
#7 pt.
Standard Os of N.J.
Tidewater Assoc. Oll
Timken-Detroit Axle Transamerica
2th Cent. Fox Films
Dr. Carbide & Car-
port United Corpn. United
cum på. vision
21+
Hamburg Muar Tientsin Hankow (Jobare) Tokyo
Mukden Tsingtao New York Yokohama
Accounts opened in Local Currency and Fixed Deposita received for one year or shorter periods in Local Currency and Sterling on terma which will be quoted on application.
Also up to date Safe Deposit Boxes in various sizes To Let. Hong Kong, 12th May, 1937.
HONG
64 Business of the above 2. Bank is conducted by the KONG & SHANGHAI BANKING CORPORATION. Rules
may be obtained on application,
For the HoNG KONG & SHANGHAI
BANKING CORPORATION.
ཧྲྰི་ྒུཙྪནཱིཀྰ2
ཀྐོ#gvi## ཧྥོ16ཨྰཿཀྰཡོ
27
751
761
841 85
237:
=ཊྛ ཀྵུ ཀྵུ ཅཙ
བྷཏྟི
ཎྞདྷ
231
Un. Gas I'proven't 108
Un. Light & power
MAR
.31
#161
US Industria? Alco-
21
bol
24
23*
UB. Rubber
434 438
སྠཽཀཱ
ཙཱུ
ཙྭཊྚཡྻུསྶ
སྨ ཛིནྷིཡྻ
* † ¤ XEIN * :*¤
UB Rubber $8 pf.
311 312 US Steel....!
Vanadium
Warner Bros Piet Westinghouse Youngstown
Y. M. GRAYBURN,
Chief Manager. ist March, 1937,
Hong Kong.
BANK OF EAST ASIA, LIMITED.
Authorised Capital $10,000,000.00 Paid-up Capital .........
Profita ......
5,399,600.00
2,778,720.76
HEAD OFFICE:-HONG KONG No. 10, Des Voeux Bond, Control.
Board of Directors:-
Sir. Shouson Chow, Chairman- Li Koon Chun, Esq. Li Lan Sang, Esq. P.K. Kwok, Esq. Wong ChuSon, Esq Wong YunTong, Esq. Kan Ying Po, Esq. Chan Ching Shok, Fung Fing Wab,
Esq,
Faq
Kan Tong Po, Eng, Chief Mapagur. Li Tee Fong, Esq., Manager.
•
Branches und Agencies p---
KOWLOOS Penang
Landou
Manlia
BanyooD
Saigon
Melbourne San Fran.
Papinz
Bourabay
Bwalow
Bydeey Thiboka
la K
Tokyo Setle
YEDOOUTE)
Shangbel Yokohama
myporn
THE" CHASE BANK
15. QUEEN'S ROAD CENTRAL
HEAD OFFICE:
An
"
18, PINE STREET,
NEW YORK.
American Bank offering com- plete Foreign Banking Servise in the principal Markets of the world. Interest Rates on Application. //
SAFE DEPOSIT BOXES
J
This Bank is entirely owued he THE CHASE NATIONAL BANK, Nov YORK. with Resources over U.S. $2,500,000,000.
D. M. BIGGAR,
Manager.
BANK OF CHINA
Specially. Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL...$40,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerous Branches in China and connections in the principal Commercial Centres of the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and Exchange.
Head Office: SHANGHAI Hongkong Branch:
4. QUEEN'S ROAD. C
South China Officer:
CANTON
Every description, of Banking SWATOW
KONGMOON: TOISITAN
21 and Exchange business transacted. | SHIUCHOW KINGCHOW
LOBOS granted en securities.
ཚ
དྷ ཿཨྰཿཀྰནྡྷབྷྱོཿཙྪཱ ནྡྷབྷིཛྫིསྶ ཨྰཿཨྰཿཏྟཱ་ལྷ་ོ་
264
551"
62
624
321 331
571
58A
221
151
Gen Railway Signa! Olette Safety Razor quidden
Idec, 1061
1081
23 221
Shent
az Tubet
381 391
161
Chase National B 307*
303*
521*
tional City Bank 261*
253*
Call Money
·1%1%
• Bid
for grants to assist industry, grants | Gold :Dust ...........
for land settlement etc.. granta goodrich (BF) towards cost of schemes urgently
Goodrich 15 pit.
necessary in the interests of public | Goodrear health and other grants total
£13,399,000,-
British Wireless.
MEXICAN OIL
Mexico City, Dec. 19. Foreign oil companies operating in Mexico must pay workers ad- ditional wages and social benents of about £1,500,000 annually for at least two years in accordance |with a decision of the Federal Ar-
bitration board..
Owners recently stated that if the award exceeded £1,200,000 they would be unable to continue opera- tion's.
fleuter.
16
63+
191
1 ex. div:
PHILIPPINE MINING NEWS
MURILO
INVESTMENTS, Inc. operating the Philippine Placer Mines. reports that the machinery installed in the mines was designed and constructed by I. Solarien, Latvian mining engineer 4.22 years' experience in the goldfields of Siberia,
Commission to sell its shares for recapitalization of the corporation. from P100,000 to P1,500,000.
Current
Accounta
approved
We also handle the issue of Bonds opened in and other Public Funds of the Local Currency and Fixed De-Chinese Government both at Home posits received for one year or
and Abroad. Local shorter perfods win
and
Foreign Currencies on terms which
will be quoted on application.
Safe Deposit Boxes To Let
KAN TONG PO.
Chief Manager.
COVENTRY LOAN
London, Dec. 18.
The Coventry City Council has approved the issue of £1,500,000 34% stock to be issued at 101, redeemable 1960/64- British Wirelen,
TREASURY BILLS
London, Dec. 18
SHOU J. CHEN
Managi
THE YOKOHAMA, SPECIE BANK
LIMITED
Capital (fully paid up)
Yen 100,000,000 inn Reserve Fund Yen 134,400,000.00
FRLD OFFICE:-YOKOHAMA
--BEINGHIA AND AGENCIES ATT Alexandria Bonolulu Rangoon, Bangkok Haiaking. Rio de Batavia Karachi Jausizo Borlin Robe San Bombay
London Francisso Los Angeles Seattle Manila Semarang Shanghai
The company will develop dif- ferent minerals such as copper, chromium... manganese, iron, and
The total amount applied for in Centre gold scattered in different parts of tenders for £50,000,000 of treasury www.the stands. Some of its proper-bills was £76,744,000. The average
les located in Batangas, Batangas, Zambales, Bagulo, Mountain Pro- vinte, and Camarines Norte are under exploration.
The Philippine Placer Mines ia at present in full operation at its property at Camp No. 1. The cara- pany is the only placer in produc It is notified that a first and tion in Luzon and the engineer final dividend of $6.50 per cent. guarantees a 100 per cent recovery has been declared in the bank of gold in his machine. The oper- that ruptcy of the Chy-Loong Wo Hoplating company, announces Kung See Firin manufacturers of from 100 to 200 grams a day in preserved ginger.
The "Government Gazette" con- tains a list of authorised vaccina-
tora.
recovered from the property. ›
BULACAN MINING COMPANY, Inc. has been granted permkslo by the Becurities and Exchange
de (Dalny) Nagasaki Singapore
Calcutta
Dairent
Voji
Fangtion Nagoya
Soerabaya
(Kukden) New York Bydney
against
Hamburg Caka Hankow Otara
Tientsin
Takyo
Hazbio Paris Hong KongPeiping
1-inutao Vinkow
rate per cent. for bills at three months yas 13/9.170 15/8.914 a week ago.-
British Wireless
Interen allowed on Current A consta
Depositarersited for Pized Perioda at rates to be obtained on
MINDATA O GOLDFIELDE Mining Company, Inc., states that
Mr. Robles said that the work extensive and intensive exploration work is proceeding on Its Cagayan, | has been concentrated on placer Misantis property. Report which claims and that gold has been has just been received by Teodoro found in the claims. He said that application. Robles, president and general man-major activities of the corpora ager says that work is very satis | tion will be started early next years,
on its gold lode property. factory with encouraging result.
1:
Y. KANO, adwady Mannir. Hong Kong, 11th Sept., 307.