HONGKONG DAILY. PRESS
BANKS
HONGKONG AND
THE CHARTERED
SHANGHAI BANKING
CORPORATION
Authorized Capital
BANK OF INDIA, AUSTRALIA · & CHINA
led & Fully Paid-līp $20,000,000 Incorporated by Royal Charter, 1855
Beserve Funda:
Sterling
...................... 50,000,000 |
...............$,500,000
H.K. Currency Reserve $10,000,000) Reserve Liability of
Proprietors
$20,000,000
Head Office-HONG KONG
Board of Directora. T. E. Pearce, Esq., Chairman, Hon. Mr. J. J. Paterson,
Deputy Chairman
J. K. Bousfeld; Esq.,
A. II. Compton, Esq.,
Hon. Mr. S. H. Dodwell,
K. S. Morrison, Esq.
£3,000,000 £3,000,000
HEAD OFFICE: LONDON: 38. Bishopsgate E.C.2. Paid-up Capital Reserve Fund Reserve Liability of Pro-
prietors........ £3,000,000
MANCHESTER BRANCH: 71, Mosley Street, Manchester.
AGENCIES AND BRANCHES: ALOH STAR HONG KONG PINANG AMBITSAR ILOILO RANGOON BANGKOK SPON
BALCON BATAVIA KARACHI SEREMBAN BOHHAY KLANG
SHANGHAI KORE
SINGAPORI SITIAWAN SOURABAYA TAIPING TIENTBIN
W. H. Lock, Esq..
G. Miskin, Esq.,
Hon. Mr. A. L. Shields,
B. V. Wilkinson, Esq.,
Sir Vandeleur M. Graybúra,
Chief Manager. CLBU
Bombay
Franciso
Branches:-
Amoy
Ipoh
Penang
Bangkok
Juhore
Rangoon
Batavia
Kole
Saigon
Kowloon
San
Calcutta
Kuala
Landon
Lyonn
Malaceu Manila Muar
Cunton Chefoo Colombo
Dairen " Foochow Baiphong
Hamburg Hankow Harbin Hongkew Iloilo
Lumpur Shanghai
Singapore
Sonrabaya Sungei
Patani Swatow
(Jahore) Tientsin Mukden Tokyo New York Tsingtao. Peiping Yokohama
Current Accounts opened in Local Curreriey and Fixed Deposits received for one year or shorter periods in Local and other Cur rencies on terms which will be quoted on application.
Usoup
to date Safe Deposit Boxes th various sizes To Let.
Hong Kong, 7th October, 1938.
HONGKONG SAVINGS
BANK
The Business of the above Bank
is conducted by the 'HONG KONG
& SHANGHAI BANKING COR- PORATION. Hules may be of
tained on application.
For the Hong Kong & SHANGRAI BANKING CORPORATION.
V. M. Graybarn,
Chief Manager.
Hong Kong, 7th October, 1939.
· BANK OF EAST ASIA. LIMITED
Authorised Capital ....$10,000,000.00
Paid-up Capital ................... Reserve and Undivided
Profis
5,398,600.00
2,776,726,78
Head Office:-HONG KONG No. 10, Des Voeux Road, Central.
יך ...
Board of Directors:
Bir Shouses Chow, Chairman
Li Knon Chun. Esq. Li Lan Song, Enc. P. I. Kwok, Esq.
WongChuson, Esq. Wong Yon Tony, Esq. Kan Ying Po, Esq. ChanChingShek Esq. PangPing Wals Exq.
"Kab Tang Pa, Esq., Chief Manager.
The Fong, Esq., Manager.
י
Branches and Agamolas :—
Kowloon London
Amry
atarin Homlay
Subtha Halphour How York
Starila Melbourne Nagrada
Hankow Honolulu Kobe
Canka
Parti Felping
Peng
Itangoon
Звікол San Pron-
Kaurabaya.
CALCUTTA
CANTON CAWNPORE
KUALA
LUMPUR
TUCHING
COLOMRO DILHI HAIPHONG HAMBURO HANKOW HARBIN
MADRAS
MANILA
TONGKAN
MEDAN NEW YORK PKIPING
(Khuket) TSINGTAO YOKOHAMA
(Peking)
FOREIGN EXCHANGE and General Banking Business transacted.
in
CURRENT ACCOUNT opened and FIXED DEPOSITS received for One Year or shorter periods at rates which will be quoted on application.
The Bank's
Head Office London undertakes Executor and Truster business, and claims
British Income covery of
Tax overpaid, on terms which may be ascertained at any of the Agencies and. Branches
R. A. CAMIDGE,
Manager.
THE CHASE BANK
HEAD OFFICE:
H.K. STOCK EXCHANGE
Market ruled Cull
tureless
Buyers
Feb. 8. and fea-
Hongkong Bank, $1390. Canton Insurance, $210. Union Insurance, $1624. China Underwriters, $0.60. H.K. Fire Insurance, $175. Douglases, $6.5
Providents (Oid). 584. Providents (New), $8,20, H.K. Lands, $361. Chinese Estates. $97. H.K. Tramways, $17,35, Star Ferries. $72 Yaumatı Ferries (Old), $223. China Lights: (Old), $81. HK. Electrics, $58. Matao Electrics, $173: Sandakan Lights, $10, Telephones (Old), $23. H.K. Ropes, $4. Wing On. (H.K.), $38. Entertainments, $7. Marsmans (H.K.), 2,6,
Sellers
Hongkong Bank, $1412). Canton Insurance, $220. Union Insurance, $467. HK Lands, $38). H.K. Tramways, $17.50. H.K. Electries, $581.
Males
China Underwriters, $0.58, H.K. Fire Insurance, $180. Providents (O12), $54
PHILIPPINE MINES Antamoks P9., .42 Atoka Ps., 35
Baguio Gold Ps., 25) Coco urove Pa., .46 Consolidated Mines Ps., .0025 Paracale Gumaus Ps., 121 San Mauricio Ps., 1.76 Suyoc P3. 22) United Paracales, Ps. 66.
GENERAL
BAD YEAR FOR LANCASHIRE
Exports Worst For Ninety Years
LONDON, Feb. 7 (Reuter) Last year was the worst for Lancashure cotton and piece- foods exparts for 90 years, and the worst
for yarn exports,
apart from the war years, since the cotton famine in the early GO's.
DR. P. C. CHANG'S TALK IN HOUSE
China Prospects Fully Discussed
LONDON, Feb. 7 (Reuter>-Dr, Chang Peng-chun to-day adr dressed a largely-attended, meet- ing of the China Sub-Committee of the Foreign Affairs Committee of the Conservative Party in the House of Commons,
Dew
Dr. Chang dealt fully with the prospects of China in the phase of the war, which he sald, was about to begin.
He added that hitherto, China had been fighting on the defen-
This description is contained in the report of the Joint Committee el the Cotton Trade Organisations. The output of cotton yam fell by 22 per cent., plece-goods by 25 per cent. and yarn exports by 28ive The Japanese had failed per cent compared with 1937, everywhere to round up and ex- The fall in the output of piece- terminate the Chinese armies, goods for the home market was and China now
had far more almost as great. Bultish trade in men under arms than at the be- piece-goods increased in only four ginning of the war. They had markets, notably Hongkong, where also been tempered by fighting. this was largely due to the diver- alon of trade from Chinese ports.
Exports to China and Hongkong, taken together, rose by 18 per cent.
CHINA
FURTHER
CREDITS GRANTS
No Statement In Commons
Reuter-
LONDON, Feb. 7 Asked in the House of Commons to-day whether he was in a post- tion to make further state-
1
ment about the granting of addi- tional credits to facilitate trade with China. and whether steps are to be taken within the scope of the Export. Credit Bill,
HONGKONG ·
SHAREBROKERS'
ASSOCIATION The scope
Volume of Business Transacted on Wednesday, February 8
No. of
Or
Describing the character of the offensive planned in the coming months, Dr. Chẳng dealt with the International position, and point- ed out that Japan had lost in force, rather than gained by en tering China.
Dr. Chang's speech appeared to make a deep Impression, and he was warmly applauded at the conclusion.
GOLD AND SILVER FROM SPAIN
Eleven Lorries At French Frontier
PARIS, Feb. 9
(T/Ocean)-
|In addition" to the new powers The last gold and silver reserves sought therein, Mr. R. S. Hudson of the Bank of Spain arrived on said he was not in a position to eleven motor lorries д the make a further statement.
French frontier near Le Perthus of the
The Exports yesterday morning.
motor Guarantee Bill depends on the lorries were crowded with rt- circumstances of the particular fugees and their luggage, among which the customs guards dis- covered numerous "cases contain- ing gold and silver bars the value of which is estimated at severni hundred millon gold Pesetas.
15, QUEEN'S ROAD CENTRAL
case.
STOCK Providents (09) Underwriters
Shares
Price
1,000
$6.50
1,000
58
1
2,000
.59
3.
1,000
.63
18, 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 THI CHASE NATIONAL BARK. NEW YORK, with Resources over U.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
CLOSING PRICES
Closing Philippine prices fester-
BRITISH-GERMAN INDUSTRIES
Discussions Begin
In February
LONDON, Fcb. 7 (Reuter)
THURSDAY, FEBRUARY 9, 1939. --PAGE 13
PRESIDENT LINER
Sailings
TO SHANGHAI
thence to Kobe, Yokohama,Honolulu,
San Francisco & Los Angeles.
S.S. PRESIDENT COOLIDGE
Sails February 11th
at 6 P.M.
AMERICAN PRESIDENT LINES, LTD.
ROUND WORLD SERVICES
12, PEDDER ST.
Triestino
Lloyd
TEL. 28171...
FORTNIGHTLY
EXPRESS SERVICE
FAR EAST-INDIA-ITALY
Hongkong - Laulon 23 days Hongkong Italy 21 days
SCHEDULE OF SAILING FROM HONGKONG.
TO MANILA, SINGAPORE, COLOMBO, BOMBAY, EGYPT
The motor, lorries were under the guard of French toirs authorities.
placed
c119
5.8
OLD TREATY
RE-AFFIRMED
LONDON, Feb. 7 (Reuter)-
in February with a view to devis- A new treaty of friendship
day were!
Antarcks
.42
| Formal" discussions
between the
Atoka
.35
Federation of British Industries
Baguio Oold
.255
and German Industries will begin
Benguet Consol.
13.80
Coco Grove Consol. Mines
.465
.0025
Demonstrations
205
Paracale Gumaus San Mauricio
125
1.76
Suyoc Consol. v..
225
United Paracāles
.67
The market was quiet.
and be-
log means to settle trade com- commerce has been signed petition. declared Mr. Oliver tween the United Kingdom, India, Stariley, President of the Board and the Sultan of Muscat, Ie- of Trade, in the House of Complacing the treaty of 1891, which mors to-day,
expires this month.
He said that with goodwih on
The treaty reafing the close both sides, it should be possible relation existing between the Bil- to solve the problem, thus obvla-tish Government and the Sultan ting the need for recourse to of Muscat. other methods.
Arrangements have been com- pleted between the Fuklen and The negotiations will cover Kiangai provincial authorities competition in neutral markets. whereby Klangal may export large including the question of the quantities of cereals, and re-south-eastern Europe markets. ceive in return large quantities bomboo
of
paper, cane
gugar,
shoots, tea, and other agricultural EMPRESS OF RUSSIA products from Fukien province at
DUE TO MORROW. The greatly reduced transit tax.
PAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHINA)
Owing to our numerous Branches in China and connections in the price of rice in the various districts
in river regions
principal Commercial Centres of and &WELOW
Sydney Tathoku pleno Tientsin
Seattle Tokyo
Semarang Vancouver Shanghai Yokohama Blagaporn
-
on
The R, M. S. Empress of Russia Fukten felt Shanghai yesterday and 15 the World, we are able to extend province has rocketed, and big ship- | due in Hongkong at 9 p.m. to- morrow. She sails from here for to our Clients special facilities for ments to relieve the situation are Domestic and Foreign Banking and expected from Klangs shortly. Manila at 5 am, on Saturday. Exchange.
Hend Office: SHANGHAI
Hong Kong Branch:
4, QUEEN'S ROAD, C..
South China Offices:
Every description of Banking! and Exchange business transacted. Loans granted
approved seetrities.
CANTON Current Accounts opened in Local SWATOW Currency and Fixed Deposits re-SHTCCHOW
KONGMOON TOISHAN KINGCHOW
ceived for one year or shorter We also handle the issue of periods in Local and Foreign Cur. Bonds and other Public Funds of rencies
or terma which will be the Chinese Government both at quoted on application.
Home and Abroad.. Safe Deposit Boxes To Let
KAN TONG PO.
Chist Manager.
SHOU J. CHEN,
Manager
THE BEN LINE STEAMERS, LTD.
S.S. "BENLAWERS"
Sailing for"" LONDON, ROTTERDAM, ANTWERP, HAMBURG and LEITH on about the 9th February, 1939.
or
Cargo will also be accepted on through Bill ni Lading to the usual transhipment ports.
"For Freight, d' l'anange apply
to the Agents:
W. R. LOXLEY & CO., (CHINA) LTD. York Building.
Tel. 94166
:
CONSIGNEES' NOTICES
SERVICES CONTRACTUELS DES
MESSAGERIES MARITIMES
CONSIGNEE NOTICE.
KA. *ATHOS II" 7A/39.
ERINGING CARGO FROK MARSEILLES vin SAIGON, etc. ARBYED HONG KONG ON - TUESDAY, TH 7я FEB., 1939.
HAMBURG-AMERIKA LINTI
"
NOTICE TO CONSIGNEES
HEM.V.
THE **RHEINLAND "
having arrived from Hamburg and Ports of call. Consignees of Cargo are hereby notified that their goods are being landed and placed at their risk into the Bong Kong & Kowloon Wharf & Godown Company's godowns at Kowloon, where delivery may be obtained as soon as the goods aro landed.
Optional cargo will not be landed here, unless notice has been given 48 hours prior to vessel's arrival, but carried on from port to port to the ADAL.
part of call to which the option
PEIPING-TIENTSIN BRIDGE BLOWN UP PEPING, Feb. 7 (Reuter)-- Pelping
Railway traffic between
and Tientsin has been interrupt- ed by the blowing-up of a bridge near the scene of a train-wreck which occurred last month.
Damage is reported to be serious, and it may be necessary to build a loopline round the break.
CONSIGNEES' NOTICES
PRINCE LINE.
20
NOTICE TO CONSIGNEES.
FROM NEW YORK, LOS ANGELES & SAN FRANCISCO.
THE Motor Vessel TE
"JAVANESE PRINCE" having srrived from the above Ports on 6th instant, Conngness of Cargo an hereby informed that their Goods an being landed at their risk into the Godowns of the Hong Kong and Kowloce Wharf and Godown Company, Limited, that their goods with the exception No claims will besdmitted after the Kowhen, and stored at Consignees risk of Opium, Treasure and Valuables are Goods have left the Godowns, and all and expense. being lauded & stored into the wharf 8th Feb., 1939, will be subject to are to be left in the Godowns, where goods remaining undelivered after the All broken, chafed, and damaged Goods
CONSIGNEES are hereby informed satenda
of the Hong Kong, Kowloon
& Godown Co., Ltd, Kowloon, whence | rent,
they will be examined on Saturday, delivery may be obtained immediately All broken, chaled, and damaged 11th inst., 1938, at 10 A.M.
Goods are to be left in the Godowns,
after landing.
or before the 17th Feb, 1929, or they will not be recognized
Damaged Packages will be examined by the Company's Surveyor, Messrs. Goddard & Douglas in the presence of the Consignees at 10.00 am on Mon day, the 13th Feb, 1939,
All Claims must be presented within All claims must be sent in to me on where they will be examined on 7th 15 Days of the Yeasel's arrival hore, Feb., 1839, at 10 am. by our Surafter which date they cannot be re veyors Masara. Goddard and Douglas oognised.
To comply with the General Bandod No Ulaims will be admitted after the Warehouse Regulations consignees Goods here left the Godowns, and all must have a Revenue Officer in Goods remaining delivered after the attendance when damaged dutiable 11th inst, will be subject to Bent, goods are examined.
No Fire Insurance has been affected. Bills of Lading will be countersigned FURNESS (JAR EAST), LTD
Ind Floor, Hongkong & Shanghai Bank Building Dils 28165 & 28169. Kong, 6th Feb., 1938.
Consignees must have a Revenge Officer in attendance when any dutiable goods are examined by the Company's Surveyors.
No Fire insurance will be effected by us in 'any case whatever.
R. OHL,
Agent. Hong Kong, 7th Feb., 1939,
[109
All claims must reach us before the 8th Mar, 1939, or they will not be by recognized.
by
No Insurance will do effraten,
Bill of Lading will be countersigned"
JEBSEN & CO, Agenta, Hong Kong, 2nd Feb, 1039.
Hong
₤100
[106
#ITALY
"U. BIANCAMANO” 26th Feb. E. "CONTE ROSSO" 10th Mar, m.v. "VICTORIA" 25th Mar.
TO SHANGHAI
8. C. BIANCAMANO" 20th Feb. 5.6. CONTE ROSSO" 3rd Mar. m.y. "VICTORIA” 18th Mar. 8. "CONTE VERDE 31st, Mar: C. BIANCAMAÑO” 23rd Apr.
8.8. "CONTE VERDE" 7th Apr. 3.5. "C. BIANCAMANO" 29th Apr.
3.
LLOYD
TRIESTINO.
P.O. Box 143. Tel. Address "Lloydiano"-Telephones 32082 Passenge
38983 Freight
HAMBURG-AMERIKA LINIE
Far Eastern Mail, Passenger & Freight Service
Through bookings to America via Europe and Europe via Amerion, Bookings around the world. - Through bookings in London.
OUTWARD SAILINGS
*m.v. "BURGENLAND"
*.*. "OLDENBURG”
14 'NEUMARK”.
for Shanghai, Dairen, Taku, Yokohama, Kobe
16th Feb. .....for Shanghai, Dairen, Taku,
Tsingtao, Yhama., Kobe. 27th For ... for Bhai Dairen, Taku, Y'hams.
Kobe, Osaka....
..... 7th Mar.. HOMEWARD SAILINGS *.v. LEVERKUSEN" for Genon, Ram., Hamburg 14th Feb. *. "RHEINLAND" for Genoa, Antwerp, R'dan, B'burg 3rd Mar, m.v. "BURGENLAND" for Genos, B'dam, Hamburg... 21st Mar. *Freighter with Passenger Accommodation.
For further particulars and passage fares, etc. apply to:
HAMBURG-AMERIKA LINIE JEBSEN & CO., AGENTS. "
JJ
12, Pedder Street, Tel. 31205–3,
CANTON AGENTS: CARLOWITZ & CO.. Sbakee Road.
LINE
MAERSK LINE
Fast regular FREIGHT and PASSENGER SERVICE
via
SHANGHAI 'und JAPAN
to
LOS ANGELES, PANAMA, NEW YORK, BOSTON PHILADELPHIA & BALTIMORE.
►
It sufficient inducement offers also other ports of all. Arrivals from U·B.A:
13th Feb.
M.V. "GERTRUDE MAEŃSK".
M.V. "GRETE MAERSK"
MI
MV. "HULDA MAERSK"
Bailings to U.S.A
10th Feb,
77th Feb.
11th Mar.
(All dates are subject to alteration without notice) EXCELLENT ACCOMMODATION FOR PASSENGERS AT MODERATE RATES.
For Freight and Passage plonso apply 1-
JEBSEN & CO.
Canton Shameen, B.C.
Agents Hong Kong, Padder Building.
Tal 31205-6.
Tél. 10916.
Swatow Agenta: GEBR ROESE.
Tel 1668
...