HONGKONG DAILY PRESS
BANKS
HONGKONG AND SHANGHAI BANKING
CORPORATION
Authorised Capital 850,000,000 Issued & Fully Paid-Up #20,000,000 Reserve Funds: Sterling ....
£8,500,000 H.K. Currency Reserve $10,000,000 Reserve Liability of
Proprietara
..$90,000,000
Head Office:-HONG KONG
Board of Directora. Hon, Mr. A. L. Shielda,.
W. H. Lock, Esq.,
Chairman.
Deputy Chairman.
J. E. Bousfeld, Esq.,
A. E. Compton, Esq. Hon. Mr. S. H. Dodwell,
Sir Vandeleur M. Grayburn,
THE
CHARTERED
BANK OF INDIA,
AUSTRALIA &
CHINA
H.K. STOCK
EXCHANGE
Siku cay, Mar. 11.
There was an encouraging turn- over during this morning's session, the following stocks, being amongst the leaders, Unions at 480, Docks at $17.85/18, Watsons $8.65/9,10 and Hotels $6.35. H. K. Banks gave way,
Incorporated by Royal Charter, 1858 small business being reported at
$1420 and 31,430.
The market closed steady and £3,000,000 | there are Indications that the
demang is still unsatisfied.
Paid-up Capital ouinar £3,000,000 Reserve Fund Reserve Liability of Pro- prietora.....
‚¦£3,000,005 HEAD OFFICE: LONDON: 38, Bishopsgate EC.2. Sub-Agencies in London: 117/122, Leadenhall Street, EC.3. West End Branch:
14/16, Cockspur Street, 8.W.1. Manchester Branch:
་་
71, Mosley Street, Manchester.
AGENCIES AND BRANCHES:
HARBIY PENAKO ALON STAR AMRITSAR "HONG KONG RANGOON
BAIGON
G. Miskin, Esq.,
K. S. Morrison, E.
1)
Hon. Mr. J. J. Paterson,
T. E. Pearce. Esq.,
BANGKOK. ILOILO
H. V. Wilkinson, Esq.,
BATAVIA
IPOR
BOMBËT
Chief Manager,
CALCUTTA
KARACHI XLANG
Branches:
LUMPUR
Amoy
Ipoh
Penang
Bangkok
Johore..
Rangoon
Batavia
Kobe
Saigon
CAWNPOSE CEBU
KUCHING
MADRAS
Bumbay
'Kowloon
San
COLOMNO
MANILA
Calcutta
Kuala
Francisco
DELHI
Canton
Lumpur Shanghai
Chefoo
London
Singapore
Colombo
Lyons Sourabaya Dsiren Malacca Sungei Focobow Manila Patani
Haiphong Huar Swatow Hamburg (Johore) Tientain":
· Hankow Mukden Tokyo Harbio New York Tsingtao
Yokohams Hongkow Peiping Iloilo
opened
in
Current Accountá Local Currency and Fixed Deposite received for one year or shorter periods in Local and other Cur- rencies on terms which will be quoted on application.
Also up to date Safe Deposit Boxes in various sizes To Let.
Hong Kong, 28th Feb., 1930.
HONGKONG SAVINGS
BANK
The Business of the above Bank
18, conducted by the HONG KONG
AGENCIES: KOBI ** CUTE STARKT FAIRLIK PLACE KUALA CANTON
EAIPHONG
HAMBURG
HANKOW
MEDAN.
.rrw YoEK
PELNING
(Peking)
SER HEAN SHANGRAI SINGAPOREI BITIAWAN SOURABAYA TAIPING
TIENTEIN
TONGKAN
(Bhuket)
THIKOTAD YOKOHAMA
FIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNT 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 ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates obtainable on application.
'The Bank's Head Office in London undertakes. Executor" and Trustes business, and claims re covery of British Income
Tax overpaid, on terms which may be ascertained at any of the Agencies and Branchen.
R. A. CAMIDGE,
Manager.
THE CHASE BANK
& SHANGHAI BANKING COR- 16, QUEEN'S ROAD CENTRAL
PORATION. Bales may
tained on application.
be ob-
For the HONG KONG & SHANGHAI BANKING CORPORATION.
V. M: Grayburn,
Chief Manager.
Hong Kong, 25th Feb., 1939.
A
BANK OF EAST ASIA, LIMITED
Authorised Capital $10,000,000.00 Paid-up Capital 5,598,800.00 Reserve and Undivided
Profits........... 2,883,832.01
Head Office:-HONG KONG No. 10 Des Voeux Road, Central.
Board of Directors:
• Sir Shocaon Chow, Chairmas
Li Koon Chun, Esq. Li Lan Sang, Esq. P. K. Kwok, Esq. WongChuson, Esq. Wong Yon Torg, Esq. Kan Ying Po, Esq. ChanChingShek, Esq. FangPingWab Exq,
Kan Tong Po, Esq., Chief Manager. Li Tan Fong, Esq., Manager,
Branches and Agencias :— .....
Amoy
Kowloon Yepang Slagspare Batayin
London Baaroon Sourabaya Bombay
Manila.. Saigon Bwalow Caloutta Melbourne. Ban Fren- Sydney Haiphong Napaka
Tientsin Bestile New York
Vanoonver Bewerkop Palping Shanghai
Honolulu Kabe
Every description of Banking and Exobange business transacted Loans. granted
approved
¦ securities,
00
Current Accounts opened in Local
rencias
HEAD OFFICE:
IS, 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 ORASE NATIONAL BANK, NEW YORK, with Resources over U.B. $2,500,000,000.
D. M. BIGGAR,
Manager.
SHARE MARKET
REVIEW
BY C. A. L. RICKETT Secretary, Hongkong Sharebrokers' Association A very steady" market has been expericaced during the week under review. Buyers were disinclined to increase their bids and holders, anticipating a better market, were reluctant to part with shares; the result was a prevailing atmosphere of "Stalemate," and dull conil- tions generally.
Towards the close, however, coa- Currency and Fixed Deposits reditions became more active result ceived for one year or abortar perioda in Local and Foreign Curing in an increase in the volume on terms which will be of business and some improvement quoted on application.
in prices. H.K. Banks advanced £4 Safe Deposit Boxes To Let. in London and shares changed KAN TONG PO, hands at $1,455 on the local market, Chief Manager. Further shares could be obtained
at this figure with bayers $1,440.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT
OF CHINA AB AN - INTERNATIONAL" EXCHANGE
BANK PAID-UP CAPITAL $40,000,000,00 (BRANCHES ALL OVER CHINA)
A fair business in Uniams bas [been recorded at $480. Hotels were wanted at $6.75 with sales reported at $6.85 and sellers at $0.90. Etar Ferries changed hands at $67.50 with further enquires at this ngure. Watsons came in for considerable [attention towards the end of the week. In anticipation of an at- tractive dividend a fair turnover Owing to our numerous Branches has been recorded at prices un in China and connections in the principal Commercial Centres of proving from $7.00 to $9.10. Trains the World, we are able to extend remained steady at $17 without at- to our Clients special facilities for tracting sellers Underwriters- re- Domestic and Foreign Banking and mained neglected at 50 cents and Exchange
Head Office: SHANGHAI
Hong Kong Branch:
4, QUEEN'S ROAD, C.
Bouth China Offèer:
CANTON
SWATOW
KONGMOON
TOISHAN
SHIUCHOW... KINGOHOW
Providents continued dull around
| $84. Telephones (0) changed hands at $23 and HK Docks (0) at $171.
Gold mining stocks have also teen steady and prices, generally show improvement, San Mauricio were outstanding sha closed at PL 2.25 after touching Ps, 230, an
We also handle the issue of advance of 37 ctes, United Parc Bonds and other Public Funds of acale improved to 71 ctvs, Demon the Chinese Government both at strations eased to 12 ctvs but at the Home and Abroad
close basitiésa has been reported at (13) etva. The market closes quiet Manager with a steady undertones
BHOU J. CHEN,
BUYERS
Canton Insurances, $225, Union Insurances, $480. ILK. Fires Insurances, $187. Douglases, $66.
Wharves, $119. Docks (Old), sis. Docks (New), $171, Hotels, $6.80 Realties, $4.80. H.K. Trams. $17.
Yaumati Ferries (Olc), $23.90. Yaumati Ferries (New), $23. Electrics, $56). Macao Electrics, 918. Sandakan Lights, $10.80. Telephones (Old), $224, Canton Ices, $1. Cements, $14.70. H.K. Ropes, $4.10. Watsons. $91.
Wing On (HK,). $43. Entertainments, - $7.
Vibro Piling, $62. Govt. 4% Loan 4% Prem. Govt. 3% Loan par.
SELLERS
Hongkong Banks, $1450.' Wharves, $122. Docks (Old), $18). Providents (Old), $3,45., Providents (New), $6.35. Macao Electrics, $18).
SALES Hongkong Banks, $1430/30. Union Instances, $489, Docks (Old), $17,85/18.- Raubs, $81 ex. Div. Hotels, $0.85.
HK. Lands, $38.
Yaumati Ferries (Old), $24. Macao Electrics; $181. Watsons, $8.85 9.10. Vibro Filing $6).
Philippine Mining Quotations Antamoks Ps., .441 Ateks Pa., .40
Bagulo Gold P., 27 Benguet Consol Ps.. 13.60 Coco Groves Pa., 47 Demonstrations Fa, 13 San Maurielo PS, -2.25 Suroc Consol Ps, 21} United Paracales Ps., .73
יזי
BANK NOTES IN CIRCULATION
FINANCE
RAUB AUSTRALIAN GOLD MINING
CO., LTD.
REPORT FOR FOUR WEEKS ENDING 25TH FEBRUARY, 1939.
SECTION
B. Koman Raub Anderson Derrick Jalls.....
MONDAY, MARCH 13, 1939.-PAGE 19
PRESIDENT LINER
Sailings
FOR SAN FRANCISCO & LOS ANGELES.
vis SHANGHAI, Kobe, Yokohama and HoxNOLULU
Sally 'Mar, 25th at 400 P.M.
UNDERGROUND DEVELOPMENT »
shaft
Cross Wiring
*
Sinking-Driving Cutting and Rising Total
*8.3. PRESIDENT PIERCE **
311
186 .. 131
828
PRESIDENT COOLIDGE"
10
Apr. 8th at 8.00 A.M.
16
43
160
36
264
B.S" PRESIDENT TAFT"
11
Apr. 21st at 8.00 ̈A,M.
В
15
21
153
156.
18
327
64
116
52
232
3.8. * PRESIDENT CLEVELAND * 8.8. PRESIDENT PIERCE "
+
May 6th at 8.00 AM
May 19th at 6.00 A.M.
"
16
577
627
252 1,472
* OMITS SHANGHAI
1
BUKIT KOMAN SECTION
channel and routine cross-cutting. disclosed nothing of Importance.
JALIS SECTION
No. 7 Level: The north drive from the winze" 790 It, south of the main shaft was advanced to 73 ft. No. 4 Level:-A rise at 365 it. where the reef pinched out. north was advanced to 45 ft. on Driving was stopped and a winzefow grade reef. commenced to test the reef below No. 8 Level:-The north drive this intermediate level
was continued along a low grade No. 8 Level-At 500 ft. south a reef and crosscuts east, and weat winze was sunk to 40 ft, on a pay-at 600 ft. north disclosed nothing
of importance,
able reef 18 inches, wide.
No. 10 Level:-The north and south drives were continued along reef channel and nothing of im- portance has been disclosed,
BUKIT KOMAN NORTH
MINING
The following is a summary of ore mined during the period:-
Under-
SECTION
No, 10 Level:-An east..crosscut B. Koman at the extreme end of the south |Raub drive Intersected a parallel reef at Derrick 58 ft. east. The south drive will Anderson
be continued along this as it is a Malacca more promising and stronger reef.
The north drive was continued along reef channel and crosscuts east and west at 380 ft. north dis- closed nothing of importance...
ground Surface
AND PORTNIGHTLY THEREAFTER.
FOR NEW YORK & BOSTON
via BUEZ
8.8. "PRESIDENT GARFIELD" Saile Mar. 17th at 15 Noor 8.S.PRESIDENT 'MONROE"
Mar. 29th at 9.00 P.M.
AND FORTNIGHTLY THEREAFTER
FOR
MANILA
8.8. PRESIDENT GARFIELD " S.S." PRESIDENT PIEROR" 6.9. "PRESIDENT COOLIDGE" B.S. " PRESIDENT TAFT "
Sails Mar. 17th at 12 NOON
**
Mar. 18th at 6.00 P.M.
Mar. 31st at 9.00 P.M.
39.
Apr. 14th at 8.00 P.M.
AMERICAN PRESIDENT LINES
Ore Ore Total 2,002 1,323
2,062
1,323
765
662
1.427
367 367
73
73
12, PEDDER ST.
4,150 1.102 5,252
BUKIT KOMAN SECTION
The stopes on Nos, 6, 7 and 8
The south drive from the cross-levels continue to produce good' cut east 50 ft. north was continued payable ore with occasional rich on payable are to 50 ft, north patches. where the reef dies out. A stoping length of 85 ft. has now been proved by the north and south drives from this crosscut and stop
Stoping of the are developed on No. 10 level, north section, was started during the period with fair results to date.
ping has commenced.
RAUB SECTION From a rise 182 ft. north, of the Good ore is being obtained from shaft a south drive was com-stopes on Nos. 1. 2. and 3 levels, menced at 82 ft. above the rail and in addition the development level and driven 24 ft. on payable ore from No. 4 level obtained in ore.
proving the downward extension of the stringer zone was crushed with good, results.
RAUB SECTION
"Main-Shaft. Sinking has com- menced and the shaft sunk 16 ft. to 444 ft. below the collar. This
DERRICK SECTION The stopes on Nos. 3, 4 and 5 work is designed to prove the con-level continued to produce payable tinuation of the rich stringer zones are. The rich patch in the stope on levels Nos, 5 and 6 which will between" Nos. 3 and 4 levels, re- be driven off the shaft in due ferred to in the previous report,
course.
proved to be of small extent only, but as the ore here is characteris-
"
No. 3 Level:-Driving and cross-tically patchy other similar patches | cutting were suspended during the
period to enable the more imporare to be expected..
SURFACE ORE tant development of the 4th level to be dealt with.
The profitable mining and treat- Winzes at 238 ft. and 324 ft. were ment of this continues.
TREATMENT PLANT sunk to 25 ft. and 26 ft. respec-
Battery tively on payable ore.
ROUND WORLD SERVICES
THL 28171.
THE CHINA-SIAM LINE.
HELIOS"
... "HIRAM"
BONG KONG-BANGKOK
leaving Hong Kong 15th March via Swatow leaving Hong Kong 26th March via Swatow HONG KONG-SWATOW-AMOY Đ.H. “HẢI EING* 1ving Hong Kong 19th March Accepting Passengers & Cargo for all the above mationed ports. HONG KONG-SINGAPORE-PENANG-BANGOON
T
Regular Express Service
2nd March
"HAI HING" leaving Hong Kong Accepting carga for all the above mentioned porte.
Excellent passenger accommodation available. For freight, passage rates and all other information-Apply tor- THORESEN & CO., LTD.
General Agents.
Tel. 30237.
Queen's Building,
CONSIGNEES' NOTICES CONSIGNEES' NOTICES
NORDDEUTSCHER LLOYD
BREMEN,
$
No.. 4 Level:-The north drive |Ore tons crushed ........... has now proved the downward Stamp hours worked continuation of three of the main Proportion of full time...... stopes and development work has Bullion produced, ounces... 1420.63 been confined to the opening up Residue, discard, dwt., per of these stopes from which good grade ore has been mined during Residue
This development is the period. important in that ore reserves are
5252 0104
COMPAGNIE DES
96.77.
MESSAGERIES MARITIMES
CONSIGNEE NOTICE.
tons
0.74
to Retreatment plant, dwt, per ton.........
1.83
S.S." YANG.TSE " 3*AEO/39.
THE
Steamer
The following returns of the average amount of bank notes in circulation iri - Hongkong, during the month ended February 28, as certified by the managers of the respective banks, are published in the "Government Gazette":-
Chartered Bank of India.
Australia and China... 23,992,472 H.K. and Shanghai Bank-
ing Corporation 209,847,338 now greatly increased, and indi-Tons treated, current tailing.. 4000 cations for the continuation of this Tons treated, dump tailings... 3868 4.401.605 zone at deeper fels are good."
Tons treated, table concen-
trates. DERRICK SECTION $238.241.415| No. 3 Level:-An east
cut at the extreme end
Mercantile Bank of India."
Limited
Total
SECURITY AGAINST BANK NOTES
The following statement of the securities lodged with the Crown Agents by the Mercantile Bank of India, Limited, against their notes in circulation, is published in the "Government Gazette”:--
Becurity: 41 per cent. Conversion War Loan 1490/1944,
Amount: £240,000.
cross-
af
the south drive Intersected a reef 6 inches wide of good ap- pearance, this appears to be the main reef channel and the south drive, will be continued along this reef.
No. 5 Level:-A winze at 450 ft. south 74 it, east has been sunk to 55. ft. on payable reef of good appearance.
No. 6 Level: North and south
Latest market price: 1021-2021. drives were continued along - reef
HONGKONG SHAREBROKERS”
ASSOCIATION
VOLUME OF BUSINESS TRANSACTED FOR WEEK ENDING
STOCK
Hongkong Banks Union Ins.
Star Ferries
Dairy Farms Trams
-- Traims (April delivery)
Watsons...
HK. Docks (Old)
China Lights (New)
PRICE
$1,400,00
480.00 to 485.00 67.25. to 67,85 26.25 to 26.50. 17.05 to: 17.00
17.25:
7.90 to 8.80
1:50 to 8.90 8.80.
MARCH 10, 1939.
No. of Shares
17.
176
498
792
2,550
800
7,000
Watsons (April delivery)'
1,500
Watsons (March delivery)
300
Hotels
2,300
6.85
200
17.50
China Lights (Old).
100
8.85
500
0.00
Telephones (Old)
600
23.00
Underwriters.
1,500
50
Marsman. (H.K)
1,100
B4/7 to 15/31
5,000
$3.824
San Mauricio
1,000
Pt. 2.25
Demonstrations Maraman Inc..... United Paracale
41,000
121
100
51.00
2,000
.88
13,000
331
4,000
5,000
Atoka IXL.
"2,000
€1,000-
Mambulao Consol
10,000
Indo-China' (Def.)
25
$20.00
·Indo-China (Pref)
195
San Mauricio
Itogens Suyocs Masbate
8:
Retreatment Plant
Total
Betreatment Plant Cont.
126
7994 1
Calcined concentrate treated, 90.7. Bullion recovered, ounces, 847.47.*
Gold Shipment
Bullion oz. Fine Gold oz. Battery
1342:82 ...... 1420.53 Retreatment 847.47 683.17
2288,00
2025.99
CONSIGNEES' NOTICE,
THE BEN LINE SPHAMERS, LTD.
From LEITH, MIDDLESBRO', ANTWERP, LONDON.
AND STRAITS
THE 8.8.BENGLOE” “VONSIGNEES of Cargo áre hereby med that all Goods are being. landað at their alah kita tha komandons and/or extra hassidoos Godowns of the Hata Kose AND, KOTLOCH WHARF AND Gunowe Contant, Len, whensé sáðför the whaeres : Doživery may be obtained.
No
Claim
be admitted after the Goods have left the Godzwon, and an Goods remaining mattered after the 14th Mar., 1929, will be subject to rent. #All" Chýmu ngumist the Steamer, must be presented to the Undersigned an or before the sath Mar. 1889, or they will {not be recognised,
To comply with the General Bonded Warehouse Begulations, comingases must have a Bévente Offeur in siten d ance when damaged de fable
are examined,
All broken, chafed and damaged Goods are to be left in the Godawn, where they, will be examined on the 12th Mar, 1939, at 9 am, by Mesars: Carmichel {& Clarke.
*Ma:Fire Inaaraviõe has been elected
Bills of Lading will be countersign sil by W.BLOXLEŽ & CA(CHINA) LØD.
Arats
Hong Kong, 7th March, 1989.
BRINGING CARGO FROM DUNKIRK via HAIPHONG etc.
ARKIVED HONG KONG «= SUNDAY, THR 12TH MARCH, 1930-
."
TONSIGNEÉS are hereby informed
"ALLER"
having arrived from BREMEN, HAMBURG and Perts, consignees of cargo are hereby notified that their cargo is being landed at their risk into the godowns of The Hong Kong & Kowloon Wharf & Gorlown Co., Ltd., Kowloon," Where delivery can be obtained.
All goods remaining undelivered, after the 18th March, 1989, will be subject
NO FIRE INSURANCE will be
that their goods with the exception to rent. of Opium, Treasure and Valuables are being landed & stored into the godowns effected by us in any case whatever. of the Hong Kong Kowloon Wharf and "Damaged packages must be left in the Godown Co., Ltd., Kowloon, whence godown for examination by the con- delivery may be obtained immediately ignees and the Company's surveyors, altor landing
| Mesura." Anderson. & Áshé, at 10 a.m. on All Claims must be sent in to ins on the 17th March, 1939,
Consigners must have a Revenue or before the 21st March, 1939, or they will not be recognized.
Oficer in attendance when datinged
Damaged Packages will be examined dutiable goods are examined by the by the Company Surveyors, Messrs. Company he admitted after the Goddard & Douglas in the presatice of
the Consignees at 10.00 am on goods have left the godown and_MI Baturday, the 18th March, 1980, claims must be presented within Two Consignees must have a Revanne Werks of the ship's arrival here, after Officer in attendance when any datable which date they will not be recognised. goods are examined by the Company their Bill of Lading to the undersigned Consignees are requested to surrender
for osuntersignature.
Surveyors.
No Fire Insuranes will be efected by us in any case whatever.
B. OHL
Agent. Hong Kong, 19th March, 1989,
MELCHERS & 00.,
Agents
Noxes UTICHEL LLOTD, BESKE. Hong Kong, 11th March, 1999.
(x12
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