HONGKONG DAILY PRESS
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital.
$30,000,000
INDIA, AUSTRALIA
AND CHINA
1
FINANCE
RAUB AUSTRALIAN GOLD MINING
CO., LTD.
REPORT FOR FOUR WEEKS ENDING 22ND APRIL, 1939.
The Raub Australian Gold Mining Co. Ltd. report for the lasued & Fully Paid-Up $20,000,000 Incorporated by Royal Charter, 1883" four weeks ending on May 20, is as follows:
Reserve Funds:
Sterling
Proprietors....
Paid-Up Capital
£8,500,000 Reserve Fund H.K. Currency Reserve $10,000,000 Reserve Liability of Pro- Reserve Liability of
prietors.
£3,000,000, ...$20,000,000
HEAD OFFICE: LONDON: 38. Bishopsgate E.C.2. Sab-Agencies In London: 117/199, Leadenhall Street, E.Ç.3. West End Branch:
Head Office:-HONG KONG
Board of Directors:
Chairman.
Deputy Chairman..
Hon. Mr. A. L. Shields,
W. H. Lock, Esq.,
J. E. Bousfeld, Esq.,
A. B. Compton, Esq.,
Hon. Mr. S. H. Dodwell,
D. F. Landale, Esqu
G. Miskin, Esq.,
K. S. Morrison, Esq.,
Hon. Mr. T. E. Pearce,
R. V. Wilkinson, Esq..
Sir Vandeleur M. Grayburn,
Chief Manager.
06
UNDERGROUND DEVELOPMENT
£3,000,000 ...£3,000,000
SECTION
Raub.....
49..
Cross Driving Cutting and Rising Total
19
27
Winzing
125
Anderson
104
19
22
145
B. Koman and Lil
290
87
467
Derrick
375
256
48
679
Jalis Malacca
120
177
13
310
59
80
48
185
Total
997
668
246
1,911
MINING
14/16, Cockapur Street, S.W.1. Manchester Branch:
52, Mosley Street, Manchester, 2.
ALOR STAR
AGENCIES AND BRANCHES:
HARBIN PENANG HONG KONG BANGOON ILOILO
SALOON IPOH
SEREMBAN
AMHITUAR
BANGKOK
BATAVIA
BOMBAY
CALCUTTA
CLAYS BE
KARACHI KLANG
AGENCIES: FOR
FAZLIN PLACE
CANTON T
KUALA
LUMPUR KUCHINO MADRAS
MEDAN
**W YORK PRIPING
Branches:
CAWNPORR
Amoy
Ipoh
Penang
CIBU
Bangkok
Johore
Rangoon
COLOMBO
MANILA
Batavia
Kobe
Saigon
DELHI
Bombay
Kowloon
San
BAIPHONG
Calcutta
Kuala
Francisco
Canton
Lumpur Shanghai
HAMBURG HANKOW
Chafoo
London
Singapore"
Colombo
Lyons
Dairen
Malacca
Sourabaya Sungei
Foochow Manila
Haiphong Muar
Patani .. Swatow
Hamburg (Johore) Tientsin
Hańkow
Mukden Tokyo Harbin
New York Tsingtao Hongkow Peiping Yokohama Iloilo
(Peking)
SHANGHAI SINGAPORK SITIAWAN BOURABAYA TAIPING TIENTS IN TUNGXAX
(Bhuket) TSINGTAO YOKOHAMA
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for. One Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNT also opened in Local Currency and Sterling with CUBRENT ACCOUNTS opened in interest allowed at rates obtainable LOCAL CURRENCY and FIXED DEPOSITS on application. received for one year or shorter)
Local and other Cur-undertakes Executor and Trustee The Bank's Head Office in London periods rencies on terms which will be business, and claims recovery of quoted on application.
ALBO up to date SAFE DEPOSIT terms which may be ascertained at British Income Tax overpaid, on Boxes in various sizes To.. LET
any of the Agencies and Branches. Hong Kong vth Mar. 1930.
R. A. CAMIDGE,
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the HONGKONG & SHANGHAI BANKING COR. PORATION. Rules may be obtain- ed an application.
For the HONGKONG & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 25th Feb., 1939,
BANK OF EAST ASIA. LIMITED
5,598,000,00
Authorised Capital.....$10,000,000.00 Paid-Up Capital .......... Reserve and Undivided
Profita
2,883,032.01
Head Office:-HONG KONG No. 10 Des Voeux Road. Centra).
Board of Directors: "
Sir Shouson Chow, Chairman
Li Koon Chan, Esq.
Li Lan Sang. Eng.
. P. K. Kwok, Esq. Wong Chu Son, Esq. Wong Tan Tong, Esq. Kan Ying To, Esq. Chan Ching Shak, Ken. Fung Ping Wab Esq. Kan Tong Po, Esq., Chief Manager. Li Tos Fong, Esq., Manager,
Branches and Agencies:—
Kowloon Frane Blazaporo London Haagoon Bonrabaya Martin Salpo Bestow Kelbourne Ban Fran. Sydney Nagka
Manager,
THE CHASE BANK
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PINE STREET,
NEW YORK.
An American Bank offering com- plete Foreign Banking Service in the principal Markets of the world.
Interest Rates on Application.
SAFE DEPOSIT BOXES
This Bank is entirely owned by THE CHASE NATIONAL BANK, New Tonk, with Resources over U.S.32,500,000,000.
D. M. BIGGAR,
KAUB SECTION Development work has been con- centrated on No. 4 and No. 5 levels.
On No. 4 level the opening up of the main stringer zone is prac- tically completed and favourable results have been obtained.
The ore mined and treated dur- ing the period is shown in the following tabulation:-
Section
1,204
7a". 407
Under- ground Surface
Öre Öre Total 99 1,303 485
12 180
192
1.682
1,652
799
426
1,225
101
101
29
29
4,907
Raub On No. 5 level the cutting of the Anderson plat has been completed and cross-Lilburne cutting in an easterly direction is Bukit Koman being commenced to intersect the Derrick favourable reef indicator that was Jalis driven along in the upper levels.
Preparations are being made to sink the shaft to No. 8 level
ANDERSON SECTION
No. 3 Level: The main south drive intersected a reet carrying rich gold values which has proved to occur between two faults giving a length of reef of approximately 25 feet.
Malacca
Total
3,885 1,112
RAUB SECTION Stoping was continued above No. 1, No. 2 and No. 3 levels and lead- ing stopes are being broken on No. 4 level. Some ore was also obtain- ed from the reef in No. 48 shaft. 1 A south drive from i west cross- BUKIT KOMAN SECTION. cut is in progress along a reer Stoping was continued above which may be the southerly con- Nos. 6, 8, 8 and 10 levels the ore tinuation of the rich reef inter-obtained being of lower grade than sected in the main drive. Assays during previous months. of samples from this drive show DERRICK SECTION erratic values, obtained from these two drives with occasional rich patches.
Stoping was continued on, No. 4' A crushing of development ore and No. 5 levels, on low grade ore confrmed the high assay values obtained from samples.
JALIS SECTION
וי
A small crushing of low grade As this reef occurs in a badly ore was treated before this section faulted area no opinion can yet was closed down, be expressed as to the vertical ex-| tent of the reef.
BUKIT KOMAN SECTION No. 9 Level: Winzes and rises have been commenced to test reef occurring 180 feet east of the shaft but sufficient work has not
"
PROSPECTING SHAFTS Prospecting shafts in various sections provided grade from small reefs occurring ore of good
near the surface.
.
TREATMENT PLANT
Battery
4,097
98.7
yet been done to allow any con- Ore tons crushed A clusions to be drawn regarding the Stamp hours worked."9,098 reet.
Proportion of full time... Bullion produced, ounces... 1,449.90 Residue, discard, dwp/ton........". Residue to Retreatment
No. 10 Level: The main south drive and crosscuts from it have shown nothing of importance and this development work has been suspended.
BUKIT KOMAN NORTH No. 10 Level: The main north drive has been continued along the fault plane and nothing of im- portance has been disclose.
DERRICK SECTION. No. 3 Level: Exploration has, becn continued in a southerly direction with disappointing re- sults.
......
1.10
· 1.55
Plant. dwt/ton
RETREATMENT PLANT Tons treated, current tall-
ings
3,788 Tons treated, "dump tail.
ings
PEAK TRAMWAYS Į
CO., LTD.
The following is the report of the directors of Peak Tramways Co., Ltd., to be presented to share- holders at the annual ordinary general meeting of the company to be held at the Hongkong Hotel on Friday, June 2, at 11 *.m:
The Net Proft for the Twelve months, after deducting Directors' Fees and General Managers' Re- muneration, and making provision for Depreciation amounts to $40.046.37
To which has to be added the balance brought forward from last account, $27,539.47.
Making available for appropria tion,$63,886.84.
The Directors recommend that the amount available for distribu- tlon viz: $83,885.84 be allocated as follows:
'Pay & Dividend of 6 per cent on 23.000 shares fully paid up. $15. 000,00
Pay & Dividend of 6 per cent on 50,000 shares fully paid up $15.000.00
Write off Permanent Way, $10,. 000.00,
And Carry Forward, $72,885.84. Total: $62,885.84..
Directors:-Mr. D. L. Newbig- ging was invited to join the Board in place of Mr. D. F. Lan- dale who resigned during the year.
In accordance with Rule 95 (A) of the Articles of Association, the present members, Sir Robert Ho Tung, Mr. J. Scott Harston, Mr. L. Kadcorle, E. V. Wilkinson and
Mr. D. I Newbigging retire, but being eligible, offer themselves for re-election
Auditors: The Accounta Were audited by Messrs. Lowe, Bing ham and Matthews and Messrs. Linstead and Davis, who offer themselves for re-election.
CONSIGNEES' NOTICES
RICKMERS LINIE
NOTICE TO CONSIGNEES
THE 8.5.
"MONI RICKMERS" having arrived from Hamburg and Ports of call, Consignees of Cargo are hereby notified that their goods are being landed and placed at their risk into the Bong Kong & Kowloon Wharf & Godown Company's godowns st Kowloon, where delivery may be landed, obtained as soon as the goods are
Optional cargo, will not be landed here, unless notice has been given: 48 hours prior to vessel's arrival, hut carried on from port to port to the -final
port of call to which the option extends
No claims will be admired after the
Goods have left the Godowns, and all
WEDNESDAY, MAY 31, 1939--PAGE 13
PRESIDENT LINER-
Sailings
FOR SAN FRANCISCO & LOS ANGELES
vis SHANGHAI, KOBE, YOKOHAMA and HoXOLULU
SS. "PRESIDENT COOLIDGE" 88. "PRESIDENT TAFT "
88. "PRESIDENT CLEVELAND ' PRESIDENT PIERCE" &&. i
SS. "PRESIDENT COOLIDGE" S.S." PRESIDENT TAFT"
Salle June 4th at 19 NoON
งา
June 16th at 19,01 "A.M.
June 30th at 19.01 A.M.
July 14th at 19.01 A.M.
July 28th at 10.00 AM.- Aug. 12th at 8.00 A.M.
AND FORTNIGHTLY THEREAFTER FOR NEW YORK & BOSTON
via SUEZ
Sails June 9th at 13 NooN July 7th at 19 NOON
8.8. "PRESIDENT POLK" 88. PRESIDENT GARFIELD"
AND FORTNIGHTLY THEREAFTER
FOR
MANILA
8.8. "PRESIDENT TAFT" 6.8." PRESIDENT POLK" S.S." PRESIDENT CLEVELAND ". S.S. "PRESIDENT PIERCE"
Sails June 9th at 1,00A.M.
June 9th at 12 NOON
June 33rd at 1.00 A.M. July 7th at 1.0A.M.
AMERICAN PRESIDENT LINES
ROUND WORLD SERVICES
12, PEDDER ST.
1
TEL. 28171.
THE BEN LINE STEAMERS, LTD.
S.S. "BENMACDHUI"
Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG and LEITH on or about the 9th June, 1939.
Cargo will also be accepted on through Bill of Lading to the usual transhipment ports.
For Freight and Passage upply
to the 'Agents:
W. B. LOXLEY & CD., (CHINA) LTD. York Building
Tel 34185
goods remaining undelivered after the CONSIGNEES' NOTICES CONSIGNEES' NOTICE, 5th Jane, 1939. will be subject to
All broken, chafed, and damagea | SERVICES CONTRACTUELS DES
Goods are to be left in the Godowns, where, they will be examined on 3rd June, 1839, at 10 am. by our. Sur veyors Messrs. Goddard and Douglas
To comply with the General Bonded Warehouse Regulations consignees must have a Revenue Officer in attendance when damaged dutiable goods are examined
3,823
Tóns
treated. old table concentrates
rent
58
Manager.
£5,000,000 £7,500,000
Total
............ 7.889 Calcined concentrate treat No. 6 Level: A scuth drive from
ed, tons the 200 feet south east crosscut Bullion recovered; ounces was extended to 31 feet along aj tons reef carrying payable values, This| reef has been cut off by a fault and the southerly continuation of Battery the reef should be fatersected in Retreatment the main south drive,
33
GOLD SHIPMENT
Bullion oz. Fine Gold oz.
1.449.90 1,388.58
678.02
555.20
2,125,02
1,921.78
by
£1,050,000 21,217,930
THE MERCANTILE BANK OF INDIA, LIMITED
Head Office:-15, Gracechurch Straat, London, E-04 Authorised Capital Subscribed Capital Paid-my Capital
Rowers Find a Rest,
BANKERS:
The Bank of England and Midiand
'Bank, Ltd. BRANCHES:
New York Bonific TABOOUTET Bangkok
Amoy
Batavia
Bomber
Dalonica
Haiphong
tisos Tiantain
Ipch
Hankow
Hlavolala
Tobe....
Far Semarang Priping
Shangha
Borabay
Kuritan
Calcutie
Xindy
Colombo
Karach
Delbl Gia
Kota Bhar
Hongkong Howrah
Kukla Lipis
Kuala Lumpur
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Local, Currency and Fixed Deposits re- ceived for one year or shorter periods in Local and Foreign_Cur- terms which will be
rencien
оп
quoted op application,
BAJE DEPOSIT BOXES TO LET.
KAN TONG PO,
Ohief Menager,
BANK OF CHINA
Specially Chartered by
THE NATIONAL GOVERNMENT
OF CHINA AS AN
Kuals Troonginta
Madras
New York Pennor Hangoob Shanghai Giral Singapore
HONG KONG BRANCH: Every description of Banking of Kanbange business tranEMİCİ.
Traveliera Cheqtton isented, TRUSTEE AND EXECUTORSHIP
UNDERTAKEN
QUEREST ACCOUNTS opened in Local Cur Fenny and PIXED DEPOSrt8 regred in Local Currency, STERLING & U, 8, DULLARS on terms that may be saceraland on application.
D. BENSON.
H. K. STOCK EXCHANGE
Manager
JALIS SECTION
Development work continued to give unfavourable results and all work has now ceased in this sec
tion.
576.02
All claims must reach us before the 5th July, 1939 or they will not be recognized.
No Insurance will be effecten.
"
".
MESSAGERIES MARITIMES
CONSIGNEE NOTICE.
SS. ARAMIS
14*A/89.
BRINGING CARGO FROM
·MARSEILLES via SAIGON, etc.
ARVE HONG KONG ON
Bills of Lading will be countersigned WEDNESDAY, THE 24TH MAY, 1939.
JEBSEN & CO. Agents.
Estimated Mine Working Profit. (Subject to depreciation, etc.)-Hong Kong, 30th May, 1929
$51,000.
AGRICULTURAL EXTENSION & EDUCATION IN SZECHUEN
CHENGTU (SZECHWAN), May 17-The trasfer to their midst of the Rural Leaders Training School of the University of Nanking from Nanking is a blessing which partially compensates the farmers of Szechwan Province for the difficulties of the war they have encountered. The faculty and staff members of the school constitute one of the most active units of workers in agri- cultural extension and education in Szechwan. In their newly- introduced programme is held out to the farmers a promise of greater prosperity for their land.
Experts of the Rural Leaders in Szechwan Province were for- Training School have made Jen-merly students at the Rural shou, a county city 70 miles south Leaders. Training School. of Chengtu, where the University In Jenshou the efforts for the is located, the centre of their de promotion of better agriculture tivities. In addition, most of the lare directed by the Central Exten- The market was rather subdued leaders of other agricultural ex-sion Station which has four sub Jand with every appearance of buy-tension and education programmes stations in the county, They are PAID-UP CAPITAL $40,000,000.00ers being still on holiday," The
being reinforced by an advistry (BRANCHES ALL OVER CHINA) turnover was small but full prices
committee and an agricultural Owing to our numerous Branches were paid for such shares as did
extension council in China and connections in the change hands.
INTERNATIONAL EXCHANGE
BANK
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 Hong Kong Branch:
4, QUEEN'S ROAD, C. South China Officer:
CANTON SWATOW SHIUCHOW
KONGMOON TOISHAN KINGCHOW
We also handle the issue of Bonds and other Public Funds of the Chinese Government both at Home and Abroad,
SHOP J. OHEN,
Munger.
BUYERS
Union Ins.," $4373.). HK.. Fires Ins, $180. HK Docks, $18. Providents. $44.
H. and 8. Hotels, $5.45. HK, Lands, $35. Humphreys, $7.90. H.K: Realtics, 34.55. BK Tramways, $161. China Lights (0), $81. HK Electrics, £55). Sandakan Lights, $12. Canton Ices, $1, Cements, 313. HK Ropes, $3,70,
Dairy Farms Ex Hts, $211. Dairy Farms Rts $15
Watsons, $8.10. Wing On (HK), $41. Entainmenta, $65. Constructions. $1.40.
HK Govt. 4% Loan 4% Prem. H.K. Govt. 34% Loan Par."
SELLEKS HK Bank, 1405. Watsons, $8.40
SALER
HK, Bank, $1402/1400 Union Ins., $440. China Underwriters; $1,35. Union Waterboats 18/ Providents, 343/773- Humphreys, $81.W Cementa, $13153
Dairy Farms Rts., $16. - Watsons, $8.10,920
Anpua! Budget
NOTICE TO CONSIGNEES
PENINSULAR AND ORIENTAL- STEAM NAVIGATION Co.'s STBAKER "BEHAR.”
ANH HONG KONG on 20TH MAY, 1939."
FROM ANTWERP,LONDON,GIBHAL
TAR. MARSEILLES, MALTAN PORTSAID, ADES, COLOMBO
· AND STRAITA.**/
ONSIGNEEB of Cargo by the shore- named Vessel are hereby informed
ONSIONKES are hereby informed
THE BEN LINE STEAMERS, LTD.
FROM LEITH, MIDDLESBRO,
ANTWERP, LONDON AND STRAITS
Tar. 8.S. BENNEVIS "
TONSIGNEES of Cargo are herthy formed that all Goods are being landed at their risk into the bazardous and/or extra hazardous Godowns of the Hong Kong and Kowloon Wharf from the wharves Delivery may be and Godown Co., Ltd., whence and/or
abtained.
No Claims will be admitted after the that their goods with the exception Goods have left the Godowns and all of Opium, Treasure and Valuables are Goods remaining undelivered after the being landed & stored into the Godowns lat Jung, 1939, will be subject to of the Hong Kong, Kowloon Whart rent,
All Claims against the steamer must & Godown Co., Ltd, Kowloon, whence
delivery may be obtained immediately be presented to the undersigned on or before the 16th June, or they will not after landing..
All clima must be sent in to me on be recognized, or before the 3rd June, 1939, or they will not be recognized.
To comply with the General Bonded Warehouse Begulations, consiguses must have a Revenue Officer in atten- dance when damaged difiable goods are examined.
2
Damaged Fackages will be examined by the Company Surveyor, Mestre Goddard & Dongle in the presence of the Consignees-at-10.00 on Tues
All broken, sharon and damaged Goods are to be left in the Godow day, the 20th May, 1929, Sar
Consignees must have Bevezne where they will be examined on the Officer in attendance when any dubiable 20th May, 1939, at 9 am, by Mesára. goods are examined by the
& Clarke. Carmichael Company's Surveyors
No Fire Insurance has been effected. No Fire insurance will be effected by
Bill of Lading will be countersigned as in any case whatever.
WR LOXLEY & CO. (CHINA), LTD.
Agents. Hong Kong, 25th May, 1939.
R. OHL
Agent.
that their Goods are being landed and Hong Kong, 24th May, 1989.- placed 17 THE 20 in the Hong Kong and Kowloon. What and Godown. Cons Godowas at Kowloon where that Consignment will be sorted out Mark the Goods s by Mark and Delivery can be obtained a
fanded
Optional Goods will be landed here unless Enstructions have been given to the condary Six Hours before arrival of the Steamers
Goods not cleared within 8 days Including aste of
arrival will be subject
The work of this network of Bent organizations Is panced on an
No Fire Insurance will be affected by as in any case whatever appearan annual budget of $4,500, of this
Damaged Packages must be left in the sum, $3,000 is appropriated by the Godowni for examination by the Com Agricultural Products Improve signoss, and the Company's Surveyors. ment Commission of the Central Mears. Gonnard & Douglas, st 10 am, Government while the remaining on Mondays and Thursdays, within the $1,500 is supplied by the Arrical Tree Storage period,HAUNS.
Consignees are specially notified that tural Extension Department of the it is necessary for a Revenue Cflour to University of Manking that be
By March six months after the dam rent at the examination of
antiable cargos establishment of the Agricultural
All Claims gain the Stamer must Extension Station at Jenshou, im- be presented to Sie Undersigned, on or before 19th June, 1989, or they will pressive accomplishments were re-not be
recognized ported in "Agriculture and Fores No One will be admbina
after the try Notes Jou *published Goods kave left the Godawat fou by the Colle
OPMACKINNON MACKENZIE & Co.. Itute and on Back Fare
Houg Kong, 29th May, 1939,
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