SECTION

Raub Anderson

B. Koman and Lilburne

Derrick

Jails

Malacca

Branches: Ipoh

HK. Govt. 31% Loan Par.....

MANILA

DELKI

MEDAN

Kobe

* Saigon

Bombay

Calcutta

Kowloon Kuala

San

Francisco

HAIPHONG HAMBURG HANKOW

NEW YORK PRIPING

FEINGTAO YOKOHAMA

QUOTATIONS

Certavos.

HONGKONG DAILY PRESS

BANKS

H. K. STOCK

EXCHANGE

The Board recorded more mark ings to-day as compared with yes-

HONGKONG & SHANGHAI THE CHARTERED BANK OFterday, but they are not indicative

BANKING CORPORATION

Authorised Capital $30,000,000 Issued & Fully Paid-Up $20,000,000

Reserve Funds:

Sterling...

£6,500,000 H.K. Currency Reserve $10,000,000 Reserve. Liability of

Proprietom..... ..$20,000,000

Head Office:-HONG KONG

Board of Directors:

A. L. Shields, Esq.,

A

W. H. Lock, Esq.

Chairman.

Deputy Chairman.

Hon. Mr. J. K. Bonsfield,

A. H. Compton, Esq.,

Hon. Mr. 8. H. Dodwell,

D. F. Landale, Esq.

G. Miskin, Esq.,

K. S. Morrison, Esq.,

Hon. Mr. T. E. Pearce,

H. V. Wilkinson, Esq

Sir Vändeleur M. Grayburn,

Amoy

Bangkok Johore

Batavia

Chief Manager.

Penang Rangoon

INDIA, AUSTRALIA

AND CHINA

of any real stimulated demand... It is too early yet to judge whether or not there will be a good reac-

Incorporated by Royal Charter, 1858 tion to the easiny of the diplomat

Paid-Up Capital Reserve Fund Reserve Liability of Pro-

prietors..........

£3,000,000 .£3,000,000

i

£9,000,000

HEAD OFFICE: LONDON: 38, Bishopsgate E.0.2 Sub-Artacles' In London: 117/122, Leadenhall Street, E.C.3 West End Branch:

14/18, Cockapur Street;:8.W.1. Manchester Branch:

32, Mosley Street, Manchester, 2.

AGENCIES AND BRANCHES:

HARDIN

PENANG HONG ONG INDON ILOILO

SAIGON ХРОН

ALOE STAR AMRITSAR BANGKOK

Į BATAVIA

BOMBAY"

CALOUTTA

KARACHI KLANG

AGENCIES: XONE

Cava STR

FAIRLIE PLACH

KUALA

CANTON

LUMPUR

CAWNPORE

XUCHING

CIGU

COLOMBO

MADRAS

* BEREMBAN

SHANGHAI SINGAPORE SITIAWAN SOURABAYA

TAIPING

TIENTSIN ТОХСКАН

(Bhuket)

tical tension in Tokyo,...

BUYERS

H.K. Bank, $1325.

Canton Ins., $200.

HK, Docks, $15.

Providenta, $4.30.

HK, Lands Debentures, par,"

H.K Electrics, $58).

Canton Ices, $1.

Watsons, $8.15.

Wing On (HK), $41.

ELK. Gort, 4% Loan 1041. HK. Govt. 31% Loan 994.

SELLERS

H.K Wharves, $105, Telephone (0), 929.

SALES

H.K. Bank, $1320/30. HK Wharves, $103). Providents,. $4.40.

HK. Electrics, $53.90. - Watsons, $7.90, #

PHILIPPINE MINING

FINANCE

RAUB AUSTRALIAN GOLD MINING

CO., LTD.

REPORT FOR FOUR WEEKS ENDING 15TH JULY, 1939.

4

ነነ

The Raub Australian Gold Mining Co., Ltd. report for the for weeks ending on July 15, is as follows:-

UNDERGROUND. DEVELOPMENT

Total·

The main shaft has been sunk

8

WEDNESDAY, JULY 28, 1939. -PAGE 13,

*

PRESIDENT LINER

Sailings

FOR SAN FRANCISCO & LOS ANGELES Tis Shanghai, KOBE, YOKOFAMA and HONOLULU SS. PRESIDENT COOLIDGE " Sail July 30th at 12 Noon 58. "PRESIDENT TAFT"

OF

Ang. 12th at 8,00 AM.

Aug. 16th at 8.00.A.ÍL

Sept. 9th at 400 P.M.

Sept. 23rd at 9.00 AM, Oct. 7th at 8.00 'A.M.'

FOR NEW YORK & BOSTON

Bail July 26th at 1 Noos

8.8. "PRESIDENT MONROE" S.S. PRESIDENT ADAMS"

Ang. 5th ut 19., Noon AND FORTNIGHTLY, THEBRAFTER.

Sails Aug. 5th at 19 Noos

EX

33

Aug. 5th at 2.00 łM. *

Aug. 19th at 9:00 AM.

Sept. 1st at 12 Nóów

Shaft

Winzing CTOSA- and

156

Sinking Driving cutting Rising Total

73

139

27 - 415

ww

54.

14 145

8.8. " PRESIDENT CLEVELAND"

302

209

54 575

8.8. "PRESIDENT PIERCE "

150

262

14 426

215

168

43

426

42

275

8.8. * PRESIDENT COOLIDGE * 8.8. "PRESIDENT TAFT =

AND FORTWICEFYLT "THEREAFTER

73

1,125 804

170 2,262

RAUB SECTION

4

TREATMENT PLANT Battery

VIA SUEZ

to a depth of 831 feet and No. 6 Ore tons crushed level plat is being cut at a depth Stamp hours worked......... of 608 feet.

5,163 9,121

"Plant, dwu/ton On No. 4 level further develop-

RETREATMENT PLANT ment work disclosed two payable Tons treated, current tall- stringers at 270 feet, east.

Proportion of full time...... 97% On No. 2 level an east crosscut Bullion produced, ounces... 1,363.82 is being extended to prospect the Residue, discard, dwt/lon.. eastern reef and to date has dis- Residue ta closed nothing of importance.

1.06

Retreatment

1.93

FOR

·SS “PRESIDENT ADAMS* 8.8. PRESIDENT TAFT " 9.8. PRESIDENT CLEVELAND" 8.8." PRESIDENT HARRISON "

MANILA

trigs

3,043

On No. 5 level the east crosscut Tons treated, dump tall- has been advanced, to 94 feet and

ings

A

3,406

has not yet reached the favourable Tons

Atoks

21

reet indicator in the stringer zone.

treated. old table concentrates

212

Canton

Lumpur Saanghai

Antamoks

Chefoo

London

Singapore

Bagolo Gold

24

2

Colombo

Lyons

Bourabaya

Batong Buhay

Dairen Молоса Sungei

Benguet Consolidated

Foochow Manila

Haiphong 'Mua

Hamburg

(Jobare)

"Rankow Mukden

Harbin Honghew Iloilo

Patani Swatow Tientsio Tokyo New York Tsingtao Peiping Yokohama

Big Wedge

Coco Grove

211 25

Consolidated Mines

002

The west crosscut intersected broken reef from 70 feet to 105

014 feet," the large width being due to 10.60 the area being badly disturbed by Calcined concentrate treat-

faulting. North and south drives have been commenced on the most Bullion recovered, ounces... 789.50 favourable portion of this reef,

Total....

7,661

12, PEDDER ST.

AMERICAN PRESIDENT LINES

"ROUND-WORLD SERVICE”

TEL. 28171.

ed, tons

84.0

Demonstration

10

1. X. L

43.

Ipo Gold

18

Itogon Mining

231

Manbulsə Consolidated ......"07

In the crosscut and the south drive the reef has been low grade but in the north drive occasional Battery good assay values have been ob- tained..

GOLD SHIPMENT

Retreatment

Bullion ox. Fine Gold oz.

1,363.82 1,296.78 789.50 • 616.07

2,153.32,

1.912.86

Masbate Consolidated

12)

Mine Operation

13

North Camarines

26

Paracale Gummaus

151

San Mauricio

93

Burigao Consolidated"

23

P

Manager.

Suyoc. Consolidated

15

Sundicate Investment

United Paracales

Mindanao Motherlode

431 081

(Peking)

FOREIGN EXchange and General Banking Business transacted,

CURRENT ACCOUNT opened and FIXED · DKPORITE received for One Year or shorter periods in Local or Other Currencies at rates which will be quoted on application."

SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates obtainable on application.

CURRENT ACCOUNTS opened in Local Currency and Fixed Deposits The Bank's Head Office in London received for one year or shorter) undertakes Executor and Trustee periods in Local and other Car- business, and claims recovery of on terms which will be British Income Tax overpaid, on quoted on application.

terms which may be ascertained st Also up to date Saju Dirosit any of the Agencies and Branches. Horm in various sizes To Let

R. A. CAMIDGE,

rencies

Hong Kong, 5th June, 1839,

HONGKONG SAVINGS

BANK

THE CHASE BANK

The Business of the above Bank 15, QUEEN'S ROAD, CENTRAL

is conducted by the HONGKONG

& SHANGHAI BANKING COR-

PORATION. Rules may be obtain-

ed on application.

· HEAD OFFICE:

18, PINE STREET,

"NEW YORK.

For the HONGKONG & SHINOHAR An American Bank offering com-

BANKING CORPORATION.

V. M. GRAYBURN,

plete Foreign Banking Service

in the principal Markets of the world.

Chief ManagerInterest Rates on Application.

Rong Kong, 25th Feb., 1839.

BANK OF EAST ASIA,

LIMITED

Authorised Capital.....:$10,000,000.00

Paid-Up Capital

Reserve and Undivided

Profits

5,598,800.00

2,683,832.01

Head Office: HONG KONG No. 10 Des Voeux Road, Central

J

Board of Directors:

Sir Shouseo Chow, Chairman -- Li Koon Chin,taj. Li Lan Sang, Eng P. K. Kwok, Esq.. Wong Chu Son, Esq. Wong I'm Tong, Esq. Kan Ting Po, Eaq. Chan Ching Shek, Esq. Fung Ping Wah Esq.

Kan Tong Po, Esq., Chiat Managar. Li Tse Fong Esq, Manager,

Judy

Batavia

Caloutta Haiphong

Branches and Agencies :----

Kaw.com

Loodan

Hangoon Saigon Mallourne Bab Fran Bydney Nagasaka

A SAFE DEPOSIT BOXES

This Bank is entirely owned by CHABE NATIONAL BANE, › THE

New York, with Resburees over U.S.$2,500,000,000.

· PHILIPPINE GOLD MINING", QUOTATIONS

Tuesday, July 25, 1939,

Atoks

Antamoks

ANDERSON SECTION

On No. 3 level the reef in the

Estimated Mine Working Front.

winze pinched at a depth of 20 (Subject to depreciation, etc.)—

feet and north and south drives $52,000.

were extended 9 feet and 32 feet respectively from the bottom of the winze along high grade reef. 032 The reef has pinched in both thei

north and south faces.

Centavos.

21}

23

Bagolo Gold

22.

Batong Buhay

014

Benguet Consolidated

Big Wedge ....

10.50 213

Coco Grove

23

Consolidated Mines

002

Demotistration

101

1. X. L.

43

Ipo Gold

18

Itogon Mining....

23

Manbulao Consolidated

07

Masbate Consolidated

12)

Mine Operation

13

North Camarines

26

Paracale Gummaus San Mauricio Surigao Consolidated Suyoc Consolidated

154"

93

23

15

Sundicate Investment

032

£3,00,000

£1,300,000

United Paracales

21.000.000

Mindanao Motherlode

431 087

€1,247,830

D. M. BIGGAR,

Second Vice Prax

THE MERCANTILE BANK OF INDIA, LIMITED

Head Ofco:-15. Gracechurch Street. London, ECA

Authorised Capital Paid-up Capital Subscribed Capital ..

Reserve Fund and Rest,,,

BANKERS:

The Bank of England and Midland

Bank, Ltd. BRANCHES:

Penang Singapore

Bottrahays Estow

Bangkok Bombay Calcatta

Ipoh Jeffam**

Kana Trenggana Mad

Knautin

New York

Colombo

Kandy

Penang

Deli Calle Congkong Howrah

Karachi

Kota Banza

Kuala Lipan

Slangop Bhangan! Simi

Kuala Lámpar

Singapore

adece Tierbela

VEDOOUVET

Bombay

· Minčia

New York Beattle

Pol

Bearing Shanghai

Hakom Honolulu

.Iobe.

Pelping

Every description of Banking and Exchange business transacted. Loans granted on approved securities.

HONG KONG BRANCH:

Every description of Banking aöd Exchange basses tracted.

Travellers Cheques Saruéð,“ TRUSTEE AND EXECUTORSHIP

UNDERTAKEN

HONGKONG

SHAREBROKERS'

CONSIGNEES' NOTICES

"H

PRINCE LINE

NOTICE TO CONSIGNEES

Development ore crushed from this drive had a high head value.

BUKIT KOMAN SECTION No. 5 Level: The west crossent has been advanced to 224 feet and

disclosed nothing has

of im-E Motor Vessel portance.

From the bottom of a winze at 100 feet south a north drive was extended to 83 feet along a nar- row reef carrying good values.

No. 10 Level: At 535 feet south

of Bukit Koman North Shaft a Winze has been sunk to a depth of

"SIAMESE PRINCE"

FROM „BOSTON, NEW YORK, HAMPTON ROADS, SAVANNAH AND SAN FRANCISCO.

51 feet along reef carrying payable Transhipped at Manile,

values.

Hongkong cargo ex the above

The main north drive has been 26th July 1833, Corgnées of Cargo are arrived hore per 8 8. 'jinegars' on" continued and has disclosed noth-hereby informed that their Goods are ing of importance.

DERRICK SECTION

being landed at their "risk into the Godowns of the Hong Kong and Kowlooz On No. 5 level, from the bottom Kowloon, and stored at Consignees risk Wharf and Godown Company, Idmited, of the winze at 450 feet south, and expense. north and south drives have been

All broken, chafed, and damaged Goods advanced 43 feet and 22 feet are to be left in the Godowns, where respectively along reef carrying they will be examined on Tuesday, payable values.

1st August, 1958, at 10 A.M. to Noon,

All Claims must be presented within 15 days of the arrival of the they cannot be recognized "Tinegara" here, after which date

No Olaims will be admitted after the Goods have left the Godowns, and all Goods remaining undelivered after the 2nd Aug, 1939, will be subject to Beat. No Fire Learance. Has been effected. Bill of Lading will be countersigned

On No. 6 level an east, crosscut has been commenced from the main south drive, and will be ex tended to intersect the downward continuation of the ore shoot in the 450 feet south winze.

The north drive from the 200 ASSOCIATION feet south crosscut was advanced to 52 feet along good grade reef. Volume of Business Transacted in the face of the drive the reef

on Tuesday, July 25, 1939.

has been cut of by a fault. A HK. Banks

2 $1,329.00

rise has been commenced on this 53.99 reef and advanced to a height of 20.00

21 feet above rall level along good Hong

"grade reef..

PROSPECTING SHAFTS

The increase in the total deve-

H.K. Electrics

266

Dairies (N)

20

Dairies (0) Providents

5

21.00

500

4.40

Bank of East

Asia Entertainments

12

75.00

lopment footage for the month is

409

7,00

due to work done" in prospecting

* 100

8.00

Paracale Gumans Government 31%

Loan

1,000

$10,000

Current Accounts opened in Locs! Currency and Fixed Deposits re- CURRENT ACCOUNTS opened in Local Car ceived for one year or shorter rear a VILED DEPOSITS 200ived in Local

Currency, STERLING & 1.8, DOLLARS ni terma | China Lights ((0) periods in Local and Foreign Car-that may be sacertaland en application. rencies on terms which will be

D. BENSON, quoted on application.

SAFE DEPOSIT Bozza To Lat.

KAN TONG PO,

Chief Manager.

BANK OF CHINA

Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE

BANK

PAID-UP CAPITAL $40,000,000.00

|

U.S. FOREIGN EXCHANGE

NEW YORK, July 25 (Reuter) In the Foreign Exchange Market, the guilder sharply advanced fol- lowing the announcement that M. |Colijn has successfully formed a

new Cabinet.

Other Europeans also improved, (BRANCHES ALL Oven CHINA) wille the Bhanghai dollar rallied Owing to our numerous Branches for the first time in more than a

in China and connections in the week

principal Commercial Centres of

the World, we are able to extend

to our Clients spécial facilities for

Domestic and Foreign Banking and Exchange.

Head Office-BHANGHAI Hong Kong Branch:

4, QUEEN'S ROAD, C. South China Offices!

KONGMOON TOISHAN

CANTON SWATOW

BHIUCHÓWKINGCHOW

RECONSTRUCTION

by

FURNESS (FAK EAST), LTD.,

2nd Floor, Hongkong & Shanghai Bank Building Dini, 23185 & 29169. Kong, 26th July, 1938.

THE BEN LINE STEAMERS, LTD.

S.S. "BENRINNES"

Sailing for LONDON," ROTTERDAM, ANTWERP, HAMBURG and LEITH on.or about the 6th August, 1939.

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

For Freight and Passage apply

to the Agents:

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

Tel. 34165

CONSIGNEES' NOTICES] NOTICE TO CONSIGNEES

CONSIGNÉES, NOTICE.

THE BEN LINE STEAMERS, LTD.

FROM LEITH, MIDDLESBRO'. ANTWERP, LONDON AND STRAITS

Tax 5.8. "BENRINNES”

OCEAN STEAM SHIP

IP QC, LTD, GHINA MUTUAL STEAṀ NAVIGATION CO., LTD,

"ONSIGNEES per Co.'s Vesel

"TITAN"

FROM SEATTLE, VANCOUVER

AND VICTORIA VIA JAPAN are requested to take delivery of Flour and Lumber Shipments as soon as the versel in ready to discharge and ate hereby notified that if their Lighters'aze YONSIGNEES of Cargo are hereby not placed alongside the steamer formed that all Goods are being required, their Shipment will landed at their risk into the hazardous be discharged into Holt's Wharf and/or extra hazardous Godowns of Kowloon, at their expenes, whare, the the Hong Kong and Kowloon Wharf cargo will be also at their rink and and Godown Co, Ltd., whence and/or expense and subject to the Terms and from the barves Delivery may be Gonditions of Storage at Holt's Wharf obtained

Steamer, will commence diskArgU, OM.

No Claims will be admitted after the the 92nd July. Goods have left the Godowns and all General Cargo will be discharged into Goods remaining undelivered after the Holt's Wharf, Kowloon, where it will be 17th July, 1839, will be subject to at Consignees risk and subject to the Terms and Conditions of Storage at rent.

All Claims against the steamer must Holt's Wharf The Cargo will be ready be presented to the undersigned on or for Delivery from the Godown on.

and before the 10th Ang, or they will not after 22nd July, [876 be recognized.

All brokin, shafed, and damaged Grönda To comply with the General Bonded are to be left in the Godowan, whân thay Warehouse "Regulations, consignees will be aramined on any Tuesdays and must have a Revenue Officer in siten- | Fridays between the hours of 10,45 dance when damaged dutiable goods and Noor within the Free Stories period. are examined

No Claims will be admitted after the

CONSIGNEES' NOTICE..

shafts in various sections of the THE BEN LINE STEAMERS, LTD. Goods are to be left in the Godowns all General Cargo remaining, undelivered 151 ctvs. mine.

par

SILVER MARKET

-Londen, July 24 (Reuter),

LONDON SILVER

MINING

The following tabulation shows the ore mined and treated during the period:-...

Under-

Section

Raub

ground. Surface

Ore Ore Total

74 345 1,622 236 1,678

29

715

325

124

49

77

bought. Market quietly steady. Anderson

Silver Speculators sold, India? since the axing. Indian demand for "forward" was not entirely Bukit Koman... 1,408 satisfied. "spot" was quiet,

Sport, 18-13/164.

Forward, 18-3/80.

NEW YORK BILVER" New York, July 24 (Reuter). Official Price, 34-3/4

Lilburne

Derrick Jalis Malacca

Total

From LETH, MIDDLESBRO, ANTWERP, LONDON

CAND STRAITS

THE 6.8. BENGLOE”

419

ONSIGNEES of Cargo are hereby 108 informed that all Goods are being 1,408 landed at their risk into the haranious 1,105 | and/or erken hämardons Godowns of the 178 Hore Kosé ans KowloON-WHARF AND Godown Contrary, Ird, whenos andfor from the wharvas Dalivary may bị obtained.

5,163

4.109 1,054

·BOMBAY SILVER

RAUB SECTION Bombay, July 24 (Reuter). Stoping was continued above Market Featureless

Nos. 1, 2, 3 and 4 levels on good Oftake 150 bars – grade, ore,

OF ALL CANTON'S Indian Mint Bliver

DAMAGED HIGHWAYS

Reconstruction of all damaged highways near Canton by the Chinese troops before their evacua-

No 45-10 Aug. 11 Bettlement... 45-04 Sept. 9-Settlement 44-15-

tion is now contemplated, accord- Bheklung highway are now being ing to the spokesman of the conducted by an engineering Sur Rehabilitation Department of the

Committee.

We also handle the issue of Bonds puppet Canton Peace Preservation ver Corps of the Rehabilitation and other Public Funds of the

Department. Workinen are ready to be despatched for the repairing Chinese Government both at Home and Abroad.

Investigations on the Canton-¡ work, so as to facilitate early Bocca Tigris Highway, Canton resumption of trame and trans- Canager, Wantan highway and the Canton-portation between these plates,

BHOV J. CHEN,

...... BUKIT KOMAN SECTION

Stoping was continued above Nos, 6, 8 and 8 levels on good grade ore.

DERRICK SECTION Stoping was continued below No level and above No. 3 level on better grade ore than previous months and a new stope has been commenced on No 6 levél

PROSPECTING SHAFTS

A total of 825 tons of ore was obtained from prospecting shafts in various sections of the fide,

Bo Claims will be admitted after the Goods have left the Godowna, sind. il Gooda remaining undelivered after the 1st Aug., 1989, will be subject to reat.

All Claims against the Steamer rast {be presented to the Underigned on or before the 15th Aug, 1839, or they will not be recognised.

To comply with" the General Boodad must have a Bevense Officer in attend. Warehouse Regulations, consignes azoo when damaged dutiable goods aro uxamined,

All broken, shafed and disuraged Gooda are to be left in the Godowns, where they will be xatained on the 31st July, 1989, at 9.a.m., by Mesars, Carmichael a Circle. We

No Fire Insurkass kis been affected. Bills of Lading will be sometestet ad by W. 8. LOXLEY & Co. (CHINA) Læn. Hong Kong, 28th July, 1989,

All broken, ehated and damaged | Goods have left the steamer Godown, de where they "will be examined on the fater the 29th July, will be subject to 95th July, 1939, at 9 am by Mesars, rent. Carmichael & Clarks.

by

No Fire Insurance has been effected, Bills of Lading will be countétwigtied

W. R. LOXLEY & CO. (CHINA), LTD,

Agents. Hong Kong, 30th July, 1939.

All Claims against the Vensel must be presented to the Undersigned on or before the 19th Aug, 1879, or they will not be recognised.

No Fire Insuranos will be affected.

BUTTERFIELD & SWIRE..

[365 22nd July, 1939.

(870)

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