HONG KONG DAILY PRESS

BANKS

HONGKONG AND SHANGHAI BANKING

CORPORATION

Authorised Capital.850.000,000 Issued & Fully Paid-Up $20,000,000 Reserve Funds:

Sterling y

£6,500,000

H.K. Currency Reserve $10,000,000

Reserve Liability of

Proprietors

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA Incorporated by Royal Charter, 1838.

HEAD OFFICE: LONDON: ¦

38. Bishopsgate E.0.4.

HK, Docks, (Old), $18. Providenta (Old), 46) H. & S. Hotels, $6.70. H.K. Lands, $35).

H.K Realties, $5.

Head Office:-HONG KONG

...$20,000,000 | Paid-up Capital .....

Reserve Fund Reserve Liability of Pro-

prietors.

£3,000,000 £3,000,000

H.K. Tramways, $17.

£3,000,000

Star Ferries, $71).

Board of Directors.

T. E. Pearce, Esq., Chairman. Hon. Mr. J. J. Paterson,

Deputy Chairman.

Hon. Mr. S. II. Dodwell,

1. K. Bousfeld, Esq..

A. H. Compton, Esq,

W. H. Lock, Esq.,

K. S. Morrison, Esq.,

Hon. Mr. A. L. Shields."

G. Miskin, Esq.,

H. V. Wilkinson, Esq.,

Sir Vandeleur M. Grayburn.

MANCHESTER BRANCH: 71, Mosley Street, Manchester.

AGENCIES AND BRANCHES:" ALOE STAR HONG KONG PENANG AMBITBAR ILOILO RANGOON

IPOH

SAIGON KARACHI KLANG XOBE

BANGKOK

BATAVIA

BOMBAT CALCUTTA CANTON

Chief Manager. CAWNPORE

K17ALA

LUMPUR KUCHING

MADRAS

Ckat

COLUM

Алину

Branches:- 1pah

DELHI

MANILA

Bangkok

Jchore

Benaus Rangoon

1 HAIPHONG

MEDAN

HAMBURG

Batavia

Kobe

Saigon

HANKOW

NEW YORK PEIPING

Bombay

Kowloon

Calcutta

Canton

Chefoo

Londou Singapore

Kuala

Saul

Francisco

Lumpor Shanghai

Colombo Lyons Sounbaya

Sungei Dairen Malacca

Manila Patani Foochow Haiphong Muar Swatow Hamburg (Johore) Tientsin Bankow Mukden Tokyu

Harbin Hongke Hoilo

New York Tsingtao Peiping Yokohama

Current Accounts opened in Local Currency and Fixed Deposits received for one year or shorter | periods in Local and other Cur- rencles on terms which will be quoted on application.

Also up to date Safe Deposit Boxes in various sizes To Let.

Hong Kong, 7th October, 1938.

HONGKONG SAVINGS

BANK

The Business of the above Bank

"ix conducted by the HONG KONG

HARBIN

A

SEREMBAN

SHAMOHAL

SINGAPORE

SITIAWAN BOURABAYA

· TAIPING TIENTSIN TONGLAM

(Bhukst)

(Peking)'

TSINGTAO YOKOHAMA

FOREIGN EXCHANGE and General Banking Busineen transacteil.

CURRENT ACCOUNTS opened and FIXED DEPOstrs" received for Que Year or shorter periods at rates which will be quoted on application. The Bank's Head Office in London undertakes Executer and Trustee business, and claims re- Luvery of. British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and, Branches.

R. A. CAMIDGE,

Manager.

THE CHASE BANK

15, QUEEN'S ROAD CENTRAL

HEAD OFFICE: .

FINANCE

WEDNESDAY, DECEMBER 14, 1938. -PAGE. 13

MOVEMENT OF GOLD AND SILVER

H. K. STOCK

EXCHANGE

Dec. 13.

Total Exports from the United Kingdom Including to:

GOLD

PRESIDENT LINER

Sailings

SAN FRANCISCO AND LOS ANGELES

VIA KOBE, YOKOHAMA AND HONOLULU

PRESIDENT COOLIDGE " Sails Dec. 18th at D.CO P.M. PRESIDENT TAFT"

5.3. 8.5. "PRESIDENT CLEVELAND " 8.8. "PRESIDENT PIERCE **

י

London, December 12

30/11/38 7/12/38

£8,920,000

£8,237,000

The market continued steady with no changes of importance in prices.

The Netherlands. France.....

The United States...... Belgium....

8,369,000

406,000

7.996,000 131:000

95,000

€2,000

46,000

Buyers

H.K. Fire Insurance, $180. Douglases, 3003.

Total Imports into the United Kingdom Including from: Germany

2,679,000

093,000

438,000

The Netherlands.

1,839,000

182,000

SA

British India

410,000

165,000

British Africa

749,000

130,000

Australia

46,000

SILVER

Total Exports from the United Kingdom

The United States Including to:

672,000

617,000

1,230,000 1.199,000

Germany.....

28,000

Total Imports into the United Kingdom Including from: Hongkong

104.000

500,000

France

62,000

$51,000 26,000 --Reuter.

NEW YORK AND SS." PRESIDENT ADAMS" 8.8. "PRESIDENT VAN BUREN " S.S "PRESIDENT HARRISON " S.S." PRESIDENT HAYES · ·

Sails

79

11

MANILA

5.8. PRESIDENT ADAMS " 8.8.PRESIDENT TAFT" .S.B.PRESIDENT VAN BUREN " 6.3. PRESIDENT CLEVELAND "

Sails

Dec. 31st at 9.00 F.M.

Jan. 13th at Midnite.

Jan. 27th at 4,00 P.M.

BOSTON VIA SUEZ

Dec. 23rd at 13-NOON Jan. 9th at 18-NOON Jan, 20th at 15-Noor Feb. 3rd at 19-NOON

Sandakan Lights, $114. Cements. $15.80. Watsons, $7Ł,

Entertainmenta, $8.30.

HK Govt. 4 per cent Loan, 6

per cent pm.

HK Govt. 34 per cent Loan, par.

Sellers

H.K. Fire Insurance, $182.

Humphreys, $9.

ILK. Ropes, $4.65.

Lane, Crawfords, 38. Constructions, $13.

Sales

Hongkong Bank, $1365. FK, Docks, (Old), $181. HK. Docks (New), $17. Raubs, $9.70.

HK. Lands, $35.

H.K. Tramways; $17.10/20. China Lights (Old), $104. Sandakan Lights. $11. Cements, $15.80. Lane, Crawfords, $8, (Prices below in Phil. Currency)

Antamoks, 49 Atoks, .25

Bagulo Gold, 23

Benguet Consol.. 13.00 Coco Grove, .45

Consolidated Mines., .0035

Demonstrations, .27 ex. Div.

I. X. L. 65

San Mauriela, 1.72* Buyoc, Consol.. 19. United Paracales, .47

ASSOCIATION

Buyers

U.S. TO EXTEND TRADE TO SOUTH

AMERICA

Washington, Dec. 13

INCREASED AIR SUBSIDY

21

London, Dec. 13. Reference to the recent Govern- ment announcement that it was

A plan to expand the Govern-intended that part of the in- ment-owned Export and Import creased subsidy authorised, by the Bank with the object of assisting Air Navigation Financial Provisions manufacturers to Increase their Act, 1938, should be earmarked for exports to Latin America is under a period of five years for the consideration by Government ex- purpose of subsidising internal air pents, declared Mr. Henry Morgen thau, Secretary of the Treasury, yesterday.

Mr. Morgenthau said the plan had the full knowledge and ap proval of the, State Department. The chief problem was how to make dollar exchange available to those countries to enable them to ay for imports from the United States.--Reuter.

STATE OF CHINESE TEA EXPORTS

Dec. 93rd at 19-NooN. Dec. 5th at 3.00 P.M. 6th at 12-Noon

Jan 7th at 5.00 PM.

AMERICAN PRESIDENT LINES, LTD.

ROUND THE WORLD SERVICE- FORMERLY DOLLAR STEAMSHIP LINES

TBL. 28171. 12, PEDDER ST.

lines, a White Paper Issued yes- berday states that it now pro- posed to make available a Bum CONSIGNEES' NOTICES CONSIGNEES' NOTICES not exceeding £100,000 in any one year of the period for payment of the subsidy under uniform agree- ments to be entered into with certain

companies.- operating

British Wireless.

LONDON METALS

EXCHANGE

London. Dec. 12

COPPER

HONGKONG SHAREBROKERS'

Though Canton and Hankow

18, PINE STRAIT,

NEW YORK.

H.K. Docks (Old), $181. Realties, $5.

have fallen, for the moment China's Standard. Cash 43-1/16 tea exporting business may be not Standard, seriously affected for the time

"

being.

17

3 months 43-5/26

...... 48-3/4 The exporting bureaux in Electrolytic the Hankow and Shanghai foreign concessions are sald at present to have in stock quite a large quan- Standard, Cash 213-7/8 214-1/8

Standard. lity of tea exportable to Europe

3 months 214-3/4 215

LEAD

buyers sellers

£

£

43-1/8

43-3/8 49-1/2

TIN

Foreign,

& SHANGHAI BANKING COR- An American Bank offering con-

PORATION. Rules may be ob tained on application.

For the HoxG KONG & SHANGHAI BANKING CORPORATION.

V. M. Grayburn,

Chief Manager. Hong Kong, 7th October, 1938.

BANK OF EAST ASIA, LIMITED.

Authorised Capital $10,000,000.00) Paid-up Capital 5,808,800.00 Reserve and Undivided

Profits

2,776,726.76

Head Office-HONG KONG No. 16. Des Voeux Road, Central.

Board of Directors:

Sir Stasi Choy, Chain

Li Roon Chun, Esq. Li Lan Sung, Esq. P. K. Kwok, Esq. WongChuson, Exq Wong Yun Tong, Esq. Kau Ying P, Bag. ChaChingShek Esq. FungPingWah Feq

Kan Tong Po, Esq., Chief Manager. Li Tre Fong, Esq., Manager.

Kowloon

Branches and Agencias 2----

Pesan Bourabaya

Bwan Bangoon Bajron Bydney Onlentin Melbourne Ban Fran. Tashokn

Amoy Batavia Bombay

London

Hanla

Okatre

Kaiphong

Zankow

Honolulu

Tobe

"

Yagnanka

New York

Deska

Parin

cisco Tientsin Seattle

Takja Vancouver

Пешагалд

Shangha Tokohama

Paiping Bingapore

Every description of Banking

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 YORK, with Resources over 11.8. $2,500,000,000.

D. M. BIGGAR,

Manager.

BANK OF CHINA

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

BANK PAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHINA)

Owing to our numerous Branches in China and connections in the principal Comercial Centres of the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and Exchange.

Head Office: BHANGHAI Hong Kong Branch:

4. QUEEN'S ROAD, C. South China Office:

and Exchange business transacted. CANTON

Loans granted

securities.

KONGMOON TÖISHAN KINGCHOW

approved

SWATOW SHIUCHOW

We also handle the issue of

Current Accounts opened in Local

Currency and Fixed Deposits re- Bonds and other Public Funds of ceived for one year or shorter the Chinese Government both at periods in Local and Foreign Cur- Home and Abroad.

rencies terme which will be

Cu

quoted on application.

Safe Deposit Boxes To Let

KAN TONG PO.

Wheel Manager.

THE MERCANTILE BANK OF INDIA, LIMITED

Head omco:-15, Gracechurch Street,

London, EC3,

Authorized Capital

inbaribel Capital

Paid-up Capital

Romerre Fond and Be

BANKERS:

£3,000 £1,94,000

£1,080,000

1,247,830

The Bank of England and Midland

Bangkok

Поповку

Calcotts

Colombo Dela!... Oslia Hongkong Howarh

Bank. Ltd.

BRANCHES:

Ipol

Kaulio.

"Kandy

Kruc

Kota Bharu

Kuain Liple

Knua lumpur

Rusia, Trengganu,

Madria New York Редам Raspoon Shangh Simi Slugapor

HONGKONG BRANCH." Every!! decription of Banking and Krebsage Janrim teematod. -

Travellers Choque ined, TRUSTEE AND EXECUTÖRSHIP UNDERTAKEN.

CURRENT ACCOUNTS spanać in Lowl Cur my and PXED DEPOSITS reorived in Local Currency, STERLING #U, 8, DOLLARS on term that may sowiałund on application,

D. BENSON,

SHOU J. CHEN,"

Manug

DONT FORGET

THAT WHEN You are at Home you can get the HONG KONG DAILY PRESS

at SELFRIDGES.

Entertainments, $8.30. Constructions. $1.40.

Sellers

Hotels, $6.80. China Lights (Old), 310.60,

Sales

Antamoks, 48 ctvs.,

JAPAN ISSUES MORE BONDS

The Japanese Department or Finance issued on December 1 300 million yen's worth of 34 per cent. bonds under the China Affair Ac- count. Some 50 million yen wi

be

absorbed by the Deposits Bureau, but the balance will be underwritten and taken over by the Bank of Japan.

and America. "The stock in Hong- kong may serve to meet, the de- mand in the South Seas markets for the coming half year. at

Oncial Price 14-7/8 Hence, the market price of tea | Foreign, Official in Hongkong is now fairly farm. Only small supplies from Foochow and Wenchow are coming to the. Colony.

SUEZ CANAL DUES

London, Dec. 13, Asked what percentage of dues levied in the Suez Canal last year was paid for British ships and- Known as the "ro" Issue, the what percentage by Italian ships, new bonds were issued at 98.50 yen Capt. Evan Wallace. Financial against 100 yen face value and Secretary to the Treasury replied will be arranged for redemption in that 46 per cent. was paid for 11 years and two months. They British ships and about 17 per for Italian ships. British will yield 3.86 per cent, compound cent. and 3.88 per cent, simple.

Wireless.

READ...

The First Book on Military Operations in the Current Sino- Japanese Hostilities.

SINO JAPANESE WAR 1937

BY PERCY CHEN

LEARN... The Facts about the Campaign

STUDY.

BUY...

of the Eighth Route Army in Shansi, Key Point of the North China Front.

The Details of the Battle of Tazang, Fiercest Battle Ever Fought Outside Europe.

A Editor-in-Chief of the China Information Service Mr. Chen is in a position to deal authoritatively with his subject. No student of Far Eastern Affairs should miss reading this book.

Sino-Japanese, War 1937, on Sale at All Booksellers..

PRICE: $3 (HK)

3 months 15-1/8

SPELTER

Ordinary,

Official Price 13-5/8 Ordinary, Official

15

HAMBURG-AMKRIKA LINIE

THE

NOTICE TO CONSIGNEES

1 HE XV.

DUISBURG" haring arrived from Hamburg and Ports of call. Consignees of Cargo are hereby notified that their goods ara being landed and placed at their rigk into the Hong Kong Kowloon Wharf & Godown Company's godowni at Kowloon, where delivery rasy ba obtained as soon as the goods are landed.

CONSIGNEES' NOTICE.

THE BEN LINE STRAMERS, LTD."

From LEITH, MIDDLESBRO', ANTWERP, LONDON AND STRAITS

Tux S.S. BENMACDBUL"

CONSIGNEES of Cargo sro hereby informed that all Goods are being Optional cargo will not be landed landed at their risk into the basardows here, unless notice has been given 48 and/or astra hasardens Glodowns of the. hours prior to vessel's arrival, but Bore Kors amp Euwador Whare anD carried on from port to port to the GODOW BOTANY, LTD, whence and/or final port of call in which the option from the wharves Delivery may be

obtained.

extenda

No clainis will be admitted after tod No Clairns will be ademitted after the Goods have left the Godowns, and all Goods have left the Godowns, and all goods remaining undelivered after the Goods remaining undelivered after the 15th Dec., 1938. will be subject to 15th Dec, 1938, will be subject to rest. rent

All Claims against the Steamer muri All broken, chafed, and damaged be presented to the Undersigned on or Goods are to be left in the Godowns, before the 29th Dee, 1938, or they will where they will be examined on 14th not be recognised.

Dec, 1938, at 10 am, by our Bür To comply with the General Bonded veyors Messrs. Goddard and Douglas. Warehouse Regslations, consignses. To comply with the General Bonded most have a Revenue Officer in atten Warehouse Regulations consignees arce when damaged dutisble goods

Revenue Officer in are examined, must have 15-3/16

attendance when damaged dutiable goods are examined

13-11/16

3 months 13-13/1613-7/8

Final Afternoon Transactions

All claims must reach us before the 15th Jan. 1939 rr they will not be recognized.

No Insurance will be effecten. Bill of Lading will be countersigned by

JEESEN & CO.. Agents.

TU. Standard, Cash, £214-1/2 Hong Kong, 9th Dec, 1938.

value.

.-

Tin. Standard, 3 months, £215- 1/2 paid and value,

BULLION

Reuter.

SHIPMENT

London, Dec. 12. The P. & O. Liner Strathaird carries £5,000 worth of Gold for Bombay-Reuter.

CONSIGNEES NOTICES

NOTICE TO CONSIGNE

AMERICAN & MANCHURIAN LINE

FROM

BALTIMORE, PHILADELPHIA, NEW YORK, NEWPORT NEWS' AND SAVANNAH,

THE S.S.

MAN W

THE "CITY OF MANDALAY"

having arrived, consignees of cargo by her are informed that all goods are being landed at their risks into the bazardous and/or extra-hazardone godowns of Mesure. Halt's Wharf, whence delivery may be obtained.

Optional cargo will be carried on, Dlear notice to the contrary be given prior to arrival of steamer.

No claims will be admitted after the goods have left the grdowns and all goods remaining undelivered after 19th Doc., 1988, will be subject to rent.

All claims against the vessel must be presented to the undersigned on or before 28th Dec., 1998, or they will not be recognized.

All broken, chafed and damaged goods. must be left in the godowns, where they ill be examined by the steamer's surveyor on any Tuesday or Friday, between the hours of 10,45 am. & Noon, within the Free Storage Period of One Week.c

No Fire Insurance has been effected. Bill of Lading will be countersigned by THE BANK LINE (CHINA) LTD.,

Agents. Hong Kong, 12th Dec., 1938.

(2028

[9022)+

SERVICES CONTRACTUELS DES MESSAGERTES MARITIMYS

CONSIGNEE NOTICE

S.B.MARECHAL JOFFRE".

2*A/38,

BRINGING CARGO Fxox MARSEILLES via SAIGON, ARRIVED HONG KONG ON THURSDAY, THE 8TH DEC, 1938.

ONSIGNEES are hereby informed that their goods with the exception of Opium, Tressure and Valuables are being landed & stored into the Godown of the Hong Korg, Kowloon Whart & Godown Co., Ltd., Kowicon, whence delivery be obtained immediately after landing.

All broken, chufed and damaged Gooda are to be left in the Gedowns, where they will be examined on the 13th Dec, 1938, at 9am., by Messrs. Carmichael & Clarke.

No Fire Insuranos has been effected Bill of Lading will be countersigned by W.R. LOXLEŸ & Co. (CHINA) LTD.

Agents. Bong Kong, 8th Dec., 1938,

CONSIGNIES XOTICA

[2016

THE BURNS PHILP LINE.

F MELBOURNE, SYDNEY.

SALAMADA, BABAUL

MANILA.

THE M.V.

T

AND

*NIFEENA.“ NONSIGNEES of Cargo are heraby

CON

informed that all Goods are being landed at their vikk into the hazardous and/or extra hasardous Godowns of the Hong Kong and Kowloon Wharf and Gode, fie Idds whence and/or from

the

whares Delivery may be obtained. Be Claims will be admitted, after the Goods has left the Godowns, and Goods remaining andalivered after the 12th Dec, 1988, will be abject to Benk. All Crime against the Steamer must be presented to the Undersigned on or before the 20th Dec., 1838, or they All claims must be sent in 10 me 02 will not be recognised. or before the 19th Dec, 438, úr they will not be recognized.

To comply with the General Bended Damaged Packages will be examined Warehouse Regulations, consignees must. by the Company's Surveyor, Messrs have a Revenue Officer in attendance Goddard & Douglas in the presence then, dawnged datiable goods sem the Consignees st. 10.00am. on Wednesxamined

"All brókap, chafed and damaged Goodm day, the 14th Dec., 1938.

Consigners must have a Revenue Ard to be left in the Godowns, where Officer in attendance when any datiable they will be examined on the 8th

Goddard and, Douglas. goods are examined by the Company's Dep. 1939, at 10. by by Moarm. Surveyors

No Fire Insurance has been effected. No Fire insurance will be effected by

Bill of Lading will be countersigned. in any case whatever.

B. OHL,

-

by

Agent,

Hong Kong, 8th Dec., 1958.

GIBB, LIVIKUSTON 4 Co., LTD, :

Agents. [2015 Hong Kong, 7th Dec, 1938

FOR SALE

[9013

KING GEORGE IV" WHISKY

Non refillable QUARTS 85,00 per-bottle

Flask Flask

PINTS | $2.95

+ PINTS $1.65 Obtainable at

HUNG

Tel. 57108.

CHEONG

68, Nathan Bond.

Kowloon.

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