1939-08-23 — Page 11

· HONGKONG DAILY PRESS

Finance and

and Commerce

RAUB AUSTRALIAN GOLD MINING CO., LTD.

"REPORT FOR FOUR WEEKS ENDING

12TH AUGUST, 1939.

The Raub Australian Gold Mining Co., Ltd. report for the for weeks ending on Aug. 12, is as follows:-

UNDERGROUND. DEVELOPMENT

Cross Winzing

SECTION

Driving Cutting and Rising Total

༔"‚』

Raub

310

179

#3

552

Anderson

54

54

B. Keman and Lilburne

212

166

95

473

Derrick

219

218

71

Prospecting Shafts

547

429

280

508 1,236

L

Total

1.288

902

543

2,823

Anderson

Lilburne ... Bukit Koman.

Derrick Jalls.

100 316 40 1,206 679

231 128

Shaft 583

Total

4.059

851

4.910

17

RAUB SECTION

RAUB SECTION

On No. 1 and No. 2 levels deve- lopment work disclosed nothing of

importance.

On No. 4 level the south drive Prospecting 250 feet south intersected two pay-

able stringers which are being in- vestigated by crosscutting.

On No. 5 level the main east crosscut followed a payable stringer for a length of 20 feet and has now almost reached the point where the favourable indicator may be ex- pected.

North and south drives along the western reef on No. 5 level have been continued.

On No. 8 level the cutting of the plat is proceeding satisfactorily..

ANDERSON SECTION

On No. 3 level a rise was com

Stoping was continued Nos. 1, 2, 3 and 4 levels on a satisfactory grade.

"Open Door" Closed In China

HALF-YEARLY TRADE RETURNS

SHANGHAI, Aug. 22 (Reuter)--- The extent to which the Door" in China has been against the United States, many and Great Britain by the Japanese Invasion and occupation of China's maritime provinces is shown by an analysis of returns Just issued by the Chinese Mari- time Customs covering the first half of 1939.

416 During the six months ended 40 June 30, 1939, Japanese" Imports 1,206 Into China, valued at £10,247,547, 010 constituted 31.6 per cent. of the 128 country's total imports. During the corresponding period last year,

583 Japan's share of the total was

above) cre of

above

BUKIT KOMAN SECTION

continued Stoping was Nos. 5, 8 and 8 levels and some development ore

was obtained from No. 3 and No. 10 levels.

DERRICK SECTION Stoptig was continued below No.

menced on the rich shoot and ad-4 level and above No. 5 and No. 6 vanced to a height of 42 feet along levels on good grade ore and de-

only 19.99 per cent.

American

China imports into during the first half of th's year. valued at £6,770,615. represented 15.48 per cent of the total, com- last 19.36 per cent. pared with year.

FINANCE

H. K. STOCK EXCHANGE

Following on the drop in both the London and New York stock markets there can be no cause for surprise that the local market as- Sumed 症

man" attitude. Buyers decided to await. further news before venturing into further

בניות

commitments

SALES

HK. Docks, $16.

Dairy Farma (0), $20.

PHILIPPINE GOLD MINING QUOTATIONS

I. X. L. Ipo Gold

-PHILIPPINE GOLD MINING

JAPANESE DUMPING GOODS IN NORTH HUNAN CHANGSHA, "Aug. 22′ (Central) Japanese are dumping The large quantities of their goods in Linbsiang. Yoyang. Tungcheng and other cities, in North Hunan, under their occupation, and pro- hibiting the sale of British and American goods.

L1

"Economic.. sabotage corps. recently organised by the Chinese, are doing their best to prevent the large-scale maltration of enemy goods. They have staged frequent; raids on Japanese transport units.

HONGKONG

SHAREBROKERS" :

ASSOCIATION

Volume of Business Transacted

WEDNESDAY, AUGUST 23, 1939, -PAGE IT

THE BEN LINE STEAMERS, LTD.

S.S. "BENMOHR"

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

Cargo will also be accepted on through Bill' of Lading to the usual trànshipment parts.

For Freight and l'assage apply

NOW ON SALE

JULY

NUMBER OF

to the Agents:

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

"Open

Atoks

closed

Antamoks

171 18

Gør-

Bagulo Gold.

18

Benguet Consolidated

10.10

Batong Buhay

012

Big Wedge

Coco Grove

20

Consolidated Mines

0015

on Tuesday, August 22, 1939.

Demonstration

08

IIK. Lands

200

$32 25

Tél. 34165

39

HK. Trams

50

15.60

15

HK, Lands

200

32.50

Itogons Mining

191

Benguet Consol.

700 Ps. 10.00

Manbulao Consolidated

05

Masbates Consolidated

091

Mindanao Motherlode

073

Mize Operation

12

North Camarines

18

Paracale Gummalis

15

San Mauricio

70

Surigao Consolidated

20

Suyoc Consolidated

121

Syndicate Investment

028

United Paracale

35

QUOTATIONS

171

13.

Bagulo Gold

18.

Batong Buhay

012

Benguet Consolidated

10.10

Big Wedge

191

Coco · Grove

20

Consolidated Mines

0015

Demonstration

083

39

16

19

Manbulao. Consolidated Masbates Consol. Masbates Censol,

05

094

093

12

18

Paracale Gummaus

15

San Mauricio

79

Surigao Consolidated

20

Suyoc Consolidated

121

Syndicate Investment United Paracale Mindanao Motherlode

028

35 072

Germany's imports, valued at £3.099,872, dropped to 7.09 per cent from 15.03 per cent.. while Great Britain's share, valued at £2.378.868, declined from 3.968 per cent. to 5.45 per cent.

Aluminium In

Atoks

Antumoks

I. X. L Ipo Gold

high grade reef. In the top of the velopment ore was also obtained The Electrical Itogons Mining

rise reef has been cut off by a fault.

BUKIT KOMAN SECTION

On No. 3 level the main south

from No. 5 and No. 6 levels.

PROSPECTING SHAFTS

The ore obtained from prospect-

Industry

drive was continued and has dis-ing shafts in various sections of Although it is some years since closed payable rect over a length the Mine was mainly from deve-aluminium found a place in the of 80 feet..

lopment work and was of a satis-electrical industry, the extent of factory grade.

On No. 5 level the west crosscht was advanced to 374 feet through country rock towards the western: reet.

SURFACE ORE

its application, especially in more recent years, is perhaps not fully of a appreciated. The results survey, which has recently been by the Aluminium

The grade of the surface ore On No. 10 level the winse at 535 treated during the period dropped conducted. leet south of Bukit Koman North; considerably and mining and treat- Information Bureau, Bush House. Shaft was advanced to a depth of ment of this class of ore has been Aldwych. 77 feet along payable reef.

The main north drive on No. 10 level was continued without dis- closing anything of importance.

DERRICK SECTION

London. W.02. are,

stoped pending further investiga-therefore, of interest.

on.

וי.

TREATMENT PLANT Battery

Ore tons crushed

4,910 8,978

95.3

On No. 5 level the north drive Stamp hours worked from the bottom of the 450 feet Proportion of full time winze was advanced to 77 feet along Bullion produced, ounces... 1,389.16 payable reef. At 650 feet south a Residue, discard, dwt/ton.. winze was commenced and sunk 33 Residue to Retreatment feet along good grade reef.

On No. 6 level a rise was com-

Plant, dwt/ton

RETREATMENT PLANT.

mericed to connect with the 450

JJ

ings....... reef. The rise at 200 feet south Tons treated, dümp tall- was advanced to 28 feet along good grade reef and north and south Tons drives commenced from the top of the rise.

fect winze from No. 5 level and ad- Tons treated, current tall- vanced to 38 feet along payable

3,666

ings

3.633

treated, old table concentrates

*

Total

7,306

MALACCA SECTION

De-watering of the, Malacca shaft Calcined concentrate treat-

ed, tons was commenced and the water level lowered to 48 feet below the collar Bullon recovered; ounces... of the shaft.

MINING

GOLD SHIPMENT

The following" tabulation shows Battery the ore mined and treated during Retreatment 'the period:-

Section

Raub

Under-

In

Mine Operation

North Camarines

NEW CONTRACTS One of the principal applica-

Messrs. John 1. Thornycroft and tions of this metal is, of course.

Company. Limited. Thornycroft for the construction of overhead transmission lines. In this connec- House, Smith-square, London, 8.W. 1. are supplying several small craft tion it may be mentioned that the British grid system utilises about for the new cable ship under con 25,000 miles of aluminium construction, at Newcastle-upon-Tyne, ductors, while their employment for H. M. Postmaster General. 1.08 for the same purpose" in France Messrs. Leyland Motors, Limited, and most other European Leyland, Lancashire. have received 2.33 countries, as well as in South an order from the London County America, is on a similar scale. Council or 11 Art engines for the The reasons for this widespread London Fire Brigade. They will be fitted with 8-cylinder engines and employment of aluminium

to 1,000 alloyed form are its low specific pumps delivering 800

gallons per minute. gravity and high electrical con- ductivity. In the case of high Messrs. J. Browett Lindley (1931), power currents, too. Its thermal Limited, Letchworth. Herts, have properties are also of importance. recently completed a large contract Finally, the thin oxide films for air compressors for Messrs. which form on the surface, either Machinoimport, U B. S. R. The naturally or due to electrolytic order comprised 23 machines, 10 treatment, render it chemically having a capacity of 4,000 ft, per 778.39 Inert and so greatly resistant to minate, and 13 a capacity of 2,100 cub. ft. per minute, when delivering "corrosion.

at a

120 lb. per pressure of square inch.

and Messrs. "Bastian

Allen, The thermal as well as the Limited, Bedford-square, London electrical properties of aluminiumw.c.1. are supplying a thermal storage plant, rated at 160 kW. the transmission of large currents together with domestic hot-water such as those carried by 'bus bars.

storage, for the heating and hot- Though the rate of temperature water supply at the large block of rise in an aluminium conductor isomice buildings constituting No. 1. the same as that in the equivalentet Swithin's-lane, London, E. C. copper conductor, the former has 4.

107

Bullion oz, Finé Gold oz. 1,389.16 1.322.19

!

778.29

2,167.45 1,950.80

Estimated Mine Working. Front. Ore Total (Subject to depreciation, etc.)

1,829 $54,000. 138

628.01

ground Surface

Qre 1,421

Large. Currents

it is claimed, make it suitable for

B larger surface, so that in normal circumstances it will radiate more

STOCK EXCHANGE | SINGAPORE STOCK heat and will, carrying the same

CAUTIOUS

Prices Generally.

"Marked. Down

LONDON, Aug. 22

(Reuter)

-On the Londen Stock Ex change, prices were generally marked down as 2

precau- tionary measure in view of the international situation. Selling pressure, however, was only small

& steadler

tone

the

close.

was

and visible

near

Increased Buying

મા

QUOTATIONS

MIDDLE PRICE

current, attain a lower tempera-

ture.

RESEARCH SCHOLARSHIP

Singapore, Aug, 18.

This property, together with the

aluminium Quotation of 12 leading Singa- fact that

from

A research scholarship of the stocks received by Messrs.the

of pore

view heating point Els and Edgar,

has a higher. overload capacity value of 250 per annum and than copper, accounts for the tenable, for two years has been large ase made of aluminium for founded by the Wrought Light- bus bars and for battery connec- Alloys Development Association to Amalgamated Malay Estate Ltd, tion. A further interesting applica- encourage and facilitate research $1.42 c.d." Kempas Ltd. 1771;tion of aluminium in the electrical in the application of light alloys ship construction. The Kuala Bidin Rubber Co., Ltd., 2,10; industry is its use for the "rotor to Pajam Ltd., 1.72); Sungel Bagan bars and end rings on squirrel- scholarship, will be administered Rubber Estates Ltd., $125; Tapah cage induction motors.. Rubber Estates Ltd., $1.52Į.

Rubber Shares

Tin Shares Petaling Tin Ltd, $6574; Sungei International political consi- Luas Tin Dredging Ltd., $1.373.

Industrials

derations were mainly responsible for increased buying of certain commodities, including wheat and cotton.

A rise by seven-sixteenth pence, to 17-9/184. in the price of

market sliver surprised the.

and

the only explanation offered was

by: a Committee of the Institution of Naval Architects, and it is hoped to make the first award in September, 1939.

under thirty be

years of

Finally, aluminium finds an ap plication in the construction of electrolytic condensers and of Candidates should preferably reflectors for lighting equipment. These reflectors are produced by an anodising process which can be arranged to give a tinted light Straits Trading Co., Ltd. $25.25; of various colours Buch reflectors United Engineers Ltd, (Ordinary), are, it is claimed, very durable. $8.46 Wearne Brothers Ltd. $12.75, ! :

."

Gold Shares

Raub Australian Gold Mining

the fact that moderate buying Co., Ltd, $4.65 c.d.

found sellers extremely reserved. Wall Street was lower

The above quotations are in Straits Dollars.

LONDON GOLD

London, Aug. 21 (Router), Bar Gold Fine, per az 148/7. Dollar Parity, ijd. premium,

age on October 1, and must apply for admission to membership of the Institution unless already enrolled.

It is intended that the research undertaken by the holder of the scholarship, shall be a whole-time Occupation and he may not hold another position of emolument during the tenure of the scholar- thip without the approval of the Committee.

York Building.

THE CHINA

JOURNAL

PRICE

at all bookstores

$150

per copy

CONTENTS

́CHINESE STUDENTS IN WAR

TIME

ANIMALS IN THE MYTHS. LEGENDS AND FAIRY TALES OF CHINA

PRELUDE TO WAR

THE HISTORY OF MINTING. IN. CHINA

A CATALOGUE OF BIRDS IN THE DEPARTMENT OF BIOLOGY CHUNG RUO COLLEGE, PEKING CHINAS NEW FINANCIAL MEASURES

DIRECTORY & CHRONICLE

OF

China, Japan, Straits Settlements,

Philippines, Indo-Chine, etc.

Hongkong, Philippines,

A volume of 3000 pages. Revised and published yearly. Thoroughly up-to-date. Keep one on your desk.

1939 Edition.

$12

a Copy.

SPECIAL FEATURES

List of Factories, Cable addresses, Buyers' Guide,

ORDER FORM

TO THE HONGKONG DAILY PRESS, LTD.,

MARINA HOUSE, QUEEN'S ROAD, CENTRAL,

TONG KONG.

Please send me. Directory and Chronicle of China, etc.

Date

Name

Full address.

Copies of the 1939 Edition of the