THE CHINA MAIL, MARCH 22, 1938.
INSURANCE
ON SHIPS
UP -15 PER CENT
MOTOR COASTER LAUNCHED
The number of vessels built re- Insurance rates on ships plying cently by local thighs Chinese rivers and coastal waters, order of the Burns Phip Co. was and their cargoes, are up about 15 further augmented yesterday, when per cent, says the "China Press.”
the Taikoo Dockyard and Eng. Co.
RANKS
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA
Inscrpcested by: Boyal - Chartas, 1958. HEAD OFFICE: LONDON..
38. Bishopsgate, E. C. 2.
Reserve Fund. "Reservé Liability of Proprie
*tors
Manchester Branch,
|_ BANKS
HOME ION
BA
Issued as Reserve
Sterling
£3,000,000
Hong Kong Currency.
$8,000,000
£3,000,000
serve
Reserve Liability of Proprie,
tors
000,000.
71, Mosley Street, Mancheste
Agencies and Brancher:
Alor Star Amritsar Bangkok Bataris Bombay Calcutta Caton Cavapors
Hello
Kangoom
Ipok
Saigon
Klang
Samtrang Seremban
Σούν
Kuala Lumpur
Kuching
Madzaa
Mamil
Sitiawan Sourabaya Taping
Colombo Dolhi
Madan.
How York
Paiping
(Banicat)
(Peking)
Taingiso
Penang
Yokohama Zamboanga...
Cabu
In the case of former, Chinese Ltd. launched the single screw Paid-up. Capital vessels now flying the Panamanian, motor vessel "Lakatoi”. The nam Greek, Italian, or other fags, the ing ceremony was carried out by vessel is usually granted insurance Miss Moira Corrighan, the daugh- coverage without any special restricter of Mr. A.. Corrighan, the Own- tion due to the change of registry. ers Superintendent, under whose One Shanghai authority on marine supervision the "Lakator" was con- insurance estimated that Lloyds structed. continue to underwrite the same The vessel, which is classed per cent of the total insurance writ 100.A.I at Lloyds and complies with ten here as before the beginning of the latest Board of Trade require-| the hostilities.
ments, has the following principle Ordinary coverage of cargoes. in dimensions; length B.P. 130—0”, transit ceases immediately the car- breadth 26'-0" and depth moulded, go is free of the ship's tackle. In 10-3", with a designed load draft the case of cargo landed north of of 8"-9", and is of the single deck Soochow Greek, many Shanghai con-type with monkey forecastle. The signees are buying insurance against boat and navigating – bridge decks damage and pilferage covering the are arranged at the after end. cargo until it is landed on the Settle- There is accommodation for 12 ment Bund. Rates-vary from one-persons in two-berth cabins of am- eighth of one per cent to five cents ple dimensions, also a large lounge. per $100 for this insurance.
and dining saloon with seating ac- CARGO IN HONG KONG commodation for 22 persons at the A pressing problem to local in-forward end of the boat deck run- surance men and consignees is the ning across the full breadth of the 17,000 tons of cargo originally de- ship. stined for Shanghai and now lying
·
Haiphong Hamburg Hankow
Hoar Karn
Forsiga Bzonkage and General Banking business transa tad...
Currant - Accounta: openad.. and. Fixed Deposita ressired for cow, yasz (or) shorine-periode, at rades which will be cooked on application.
HEAD OFFICE HONO
BOARD OF DIRECTORS, T. E. Pearce, Esq.
Chaksuam
Hon Mr. J... Paterson,
Deputy Chairma
7. Bonsaid, Esq.,
...E. Compton, Eaq.... Eon. Mr. S. H. Dodwell, Hon MEM Te Johnson,
ΑΜΟΥ
TR. Masson, Fag.. G. Miskin, Esq..
S. Morrison, Baq.. A. L. Shialda, Pag-
Sir Vandeleur M. GrayburD.
Chief Managez-
BANGKOK BATAYTA BOMBAY... CALCIPTA CANTON
CERROO COLOMBO
C
The Bank's Head Offor in London undertakes Executor and Tracies business, and claims recovery of British Income- Tar- overpaid, terms” which may be- ascselminað: să-ačky of-its àgeszisz, and “Branchez.
R. W ROBERTS,
Manager.
Hong Kong, 1st January, 1936
Profits
FOOCHOW HAIPHONG HAMBURG HANKOW HARRIN HONGKEW ILOILO IPOB JOHORE
KOBE
BRANCHES--
HOWLOON
KUALA LU FUR
LONDON LYONS MALACCA MANILA NUAR (Jobs) MUKDEN SEER YORK
GON SAN FRANCISCO SHANGHAI SINGAPORE SOURABAYA SUNGII PATIEN SWATOW
SVETLERİN
TOKYO
TSINGTO
YOKOHAMA
Current Aucenta, opened in-Incal
$10,000,000.00 and Fixed Deposita faccived for one year or $ 5,598,600.00 shorter perioda in Local and other
on termi which will be? quoted on application...
ALSO up to date SAFE DSPOSE BOXES in Tacions is TO TRUE,
The main machinery of the "La-THE BANK OF EAST ASIA, LTD. at Hong Kong, Singapore, Manila, kator comprises a single acting, and the Japanese ports of Dairen, two-stroke cycle, four cylinder Die-Authorised Capital .. Kobe, and Yokohama.
sel engine which has been built Paid-up Capital An insurance man recently re-at the Taikoo Dockyard, under the Reserve and Undivided turned from a tour of these ports license of Messrs. Sulzer Bros. Ltd. said that he found the stowage of of Winterthur, and is rated to de Shanghai cargo in Hong Kong par-velop 400 BHP. at 300 RPM. The ticularly bad, Considerable cargo vessel will have a loaded remains strewn along the water-speed of 10% krots. front and docks.
At Marila stowage conditions ap- pear better though cargo is piled high and it is difficult and expen- sive to get at particular consign- ments. Stowage in Singapore is on the whole good..
-
im
of
In the case of the large shipments of Shanghai-bound cargo now the Japanese ports conditions stowage are satisfactory. Consig- nees, however, are faced with the refusal of the Japanese Government to permit the movement of the cargo to China. Local disposal of the of the cargo in Japan is also pro- hibited, it is understood: The con- signee has no alternative but to con- tinue to pay storage charges order the cargo shipped to some neu- tral port.
LIBERTY BOND SALES IN HONG KONG
OF
There will be a very pleasant func- tion in the library of the Chinese Chamber of Commerce at 2.30 this afternoon when prizes and souvenirs will be presented to the many Chin- ese marchants who have assisted in the sale of Liberty Bonds in Hong Kong during the early part of lan month. The figure realised, we un- derstand, is over $110,000.
mean
LOCAL SHARES
Following is the list of changes and enquiries in local share quotations this morning:
BANKS
Hong Kong Bank $1505/10 sa.- Bank of East Asia $80 5.
INSURANCES
China Underwriters $2 b., $1.95/-
2.05 sa
SHIPPING
Donzinses $67 Đi
DOCKS, WHARVES, GODOWNS.
ETC.
H. K and K Wharves $1321⁄2/33 sa. H. K and W: Docks $334 by $33/-
331⁄2 sa.
Providents (Old) $3.45/524 sa.
MINING
Atamoks Ps. 52 sa.
Atoks Ps 25 TL - Baguio, Gold. Ps. 20. sz. Benguent Consol. Ps. 9.50 sz. Coca Grove Ps. 53 sa Consolidated Mines Ps. „011 sa.. Demonstrations Ps. 354 sa. LX LPs. 70 st Paracale Gumans Ps. 201⁄2 sa. San Mauricio Ps. 49 SE Sayoe Consol. Ps. 17 sa. United Paracales Ps. 41 sa
LANDS, HOTELS & BLDGS. EL K. and S. Hotels $6.65 sa. H. K. Lands $36- sa**** H. K. Lands 4% Debentures 100% Chinese. Estates: $95 b.
PUBLIC ETILITES
H. K. Tramways $15.10 b., $15 sa. Peak Trams; (Old) §7 b. Star Ferries $84 b.
H K Electrics $582 b., 3584/4
Sa
Sandakan Lights #141⁄2 b. INDUSTRIALS. Cements $174 b., $175.
STORES, &C.
Dairy Farms $24.90 b.. 324/25 sa Sinceres $220 125
MISCELLANEOUS. Constructions $134 b... Vibro Piling of s
Wallace Harpers $8 sa.
- Marsmans Inv. (HKG) s/- 3/10 2.
Mr. Lau King-tsing, the well- known Chinese merchant, was the most successful of the sellers, his| sales totalling $24,250. For this he will be awarded a silver shield in- scribed with a. Liberty Bond Mr. Lan also won the prize for the high- est sales during each day of the have put in. The prizes were don- campaign and for this he will re-ated by Mr. Li Sing-kui, chairman ceive a scroll with four Chinese char- of the Chinese Chamber of Com- acters in acknowledgment of his merce, Mr. J. M. Wong, Mr. Kwok, "untiring efforts on behalf of the na Chun and Mr. Tung Chung-wel -- tion."
Mr. Li Sing-kui will give away Over 200. Chinese ~ merchants, the awards to-day and it is expected divided into 26 -groups and two that the function will be attended special groups, took part in the by most of the Colony's leading campaign and each one will receive Chinese businessmen and others in- a small souvenir for the work they terested in the campaign.
[$ 2,776,726.76
HEAD OFFICE-HONG KON 26, Des Tax Bond. Central.
BOARD OF DIRECTORS:- Hon. Sir Shou-son Chow, Chairman: Li Koon Ciran, Esq. P. I. Kwok Esq... Wong Yon Tong, E. Chan Ching Shak. Esq., Zi. Lan
Sang, Faq Wong Cha Son, Esq., Kan Ying Fo. Esq. and Fung Fing Wah, Esq.
Ken Tuor Po, Esq., Chief Managet. Là In Kort Bàn là BRANCHES AND AGENCIES:---
Asocy Batavia
Magda
Seattle *
Babay Calmatta Canton Haiphong Bankow Hagoinin
Melbourne
New York
Samar
Shanghai
Singapoes
Paris
Taiping
Sourabaya Estow Spiner
Penang
Kobe
Bangoon
Kowloon
Saignt
Tokyo
London
San FrancisoL. "
Yokohama
Hong Kong, 28th February, 1953.
HONG KONG SAVINGS BANK
The Business of the above Bankr la noninciad by the HONG-KONG AND SHANGHAI BATT ING CORPORATION. Bules may be obtained on application...
FOR THE HONG KONG "AND" SHANGHAI BANKING CORPORATION.
V. L. GEAYBURK,'-
Chint Manager. Hong Kong, 1st March, 1987.
THE YOKOHAMA SPECIE BANK
LIMITED
Established 1880
Every deerription of Banking and Exchases Capital (fully paid-up) Yen.100,000,000
karinans – Kezzansted.
Loins granted on approved Reserve Fund
Comment. Acceanis opened in Tool Cumancy and Fixed Deposite · Tiesčvad for Soon" "YEST aborter periods in Loen?" and "Fersi
oc bazzas which will be cracked) on.
Sala Deposit Beras To Int.
KAN JUEGPO,
Currencias
Chill Manage
THE WING ON BANK, LTD.
Yen 135,900,000 Head Office: TOKOHAMA
Branches and
Alexandria
|Bangkok
Batavia Berlin
Bombay
Calcutta
Canton
Daïren (Dairy}
Mon Nagasaki
Nagoya
New York Osaka
Otazu
Fazis
Peking
Fenghien (Mukden) Rangoon
Hamburg
Hankow
Harbin
~~Head Office: Hong Kong. 26, Des Voer Road, Central Authorised Capital - $10,000,000 LONDON BANKERS:--- Westminster Bank Ltd Foreign Exchange and every des- cription of banking business transacted. Esinking
Karachi Current Accounts and Savinga-Ac-
Kome
Rio de Janeiro
Sexttle
Shanghai
Ban Fran
Hong Kong Hónalalu
Semarang
Singapore
Souzabaya
Sydney
Los Angeles
counts opened. Fixed Deposits re- London ceived at rates which will be quoted on application.
Trusteeship & Executorship under-
fe Deposit Boxes for; hire""'.
PHILIP GOCKCHIN,
Chief Manager
THIS BOOK SOLVES A KNOTTY PROBLEM The "KNOT" there'
problem.
KELLY'S DIRECTORY
-Merchants, Manufacturers and Shippers of the World
Obtainable from Millington Limited
Interest allowed for Current counts.
Deposits received for fixed
zates to be obtained-on
Y
Hong Kong, 10th March, 1998
SHANGHAI COMMERCIAL
SAVINGS BANK LTD
(Incorporated i
Capital paid-up Reservés 2. Capital Savings De Reserve Savings
Hend