HONGKONG DAILY PRESS
BANKS
HONGKONG" AND
THE
SHANGHAI BANKING
CORPORATION
Authorised Capital $50,000,000-
CHARTERED BANK OF INDIA, "
AUSTRALIA &
1
CHINA
Issued & Fully Pail-Up $90,000,000 Incorporated by Royal Charter, 1855 Reserve Funds:
Sterling
£6,500,000 HEAD OFFICE: LONDON:
H.K. Currency Reserve $10,000,000 | Reserve Liability of
Proprietors
Head Office:-HONG KONG
38. Bishopsgate E.C.2. .$20,000,000 | Paid-up Capital
Reserve Fund Reserve Liability of Pro-
.£3,000,000 £3,000,000
prietors...
£3,000,000
Board of Directors.
T. E. Pearce, Esq., Chairman. Hon. Mr. J. J. Paterson,
Deputy Chairman,
J. K. Boanfeld, Esq.,
A. H. Compton, Beq.,
Hen. Mr. S. H. Dowell,
W. H. Lock, Esq..
0. Miskin, Esq.
K. S. Morrison, Esq.,
Hon. Mr. A... Shields,
H. V. Wilkinson, « Esq.,
Sir Wandeleur M. Grayburn,
11
MANCHESTER BRANCH: 71, Mosley Street Manchester,
AGENCIES AND BRANCHES: ALOR STAR HONG KONⱭ PERANO AMEITHE ILOILO
BANGOON BANGKOK IPUR
BAIGON BATAVIA KABACIN BOMBAY
KLAND CALCETTA
CANTON CAWNFORE
Chief Manager. CABU
Saigon
HAMBURG
KOBE
KUALA
LUMPUR
SEREMBAN
SHANGHAI
SINGAPORE SITIAWAN
BOURABAYA
(Bhuket)
KUCHING
COLOMBO
Ainey
Branches:- 1pesh
DELHI "
Penang
HAIPHONG
MADRAS MANILA MEDAN
TAIPING TIESTIN TONGKAH
Bangkok
Johore
Rangoon
Batavia
Kobe
Bombay
Kow.com
NEW YORK PEIPING
(Peking)
TSIKOTAO! YOKOHAMA
Calcutta
Kuala
"te
Chefon:
Colombo
||
San
Francisco Lumpur Shanghai
London Singapore
Foochow
Manila
Haiphong Muar
Hamburg
Haukow
Lyons Sourabaya Dairen Malucca Sungei
Patani.. Swaton (Johore) Tientsin Mukilen Tokyo Hurbia New York Tsingtao Hongkes Peiping Yokohama
Inila
HANKOW
HARBIN
?
FORTION EXOHANOR and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DXPUBITS received for One Year or shorter periods at rates which will be quoted on application..
The Bank's Hand Office in London undertaker Executor and Trustee business, and claims re-
British covery of
Income overpaid, on terms which may be opened in ascertained at any of the Agencies
Current Accounts Local Currency and Fixed Deposits received for one year or shorter perlods 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 is inducted by the HONG KONG SHANGHAT BANKING COR- PORATION. Hates may he ob-
tained on application.
For the HONG KONG & SHANGHAI BANKING CORPORATION,
V. M. Grayburn,
Chief Manager.
Hong Kong, 7th October, 1838.
BANK OF EAST ASIA,
LIMITED
Authorised Capital 910 000,000,00, Paid-up Capital ...... 5,598,000.00
* Reserve and Undivided
Profits
2,776,728.76
Head Office:-HONG KONG N..... 19. Des Voeux Road, Central.
Board of Directores ..
Sit Shouson Chow. Chairman Li Koon Chun, Esq. Li Lan Sang. Eq. P. E. Kiok, Faq. Wong ChuSou Esq. Wong Yan Tang. Esq. Kan Ying Po, Esq. ChanChingShok, Esq. PongPing Wah Eiq.
Kan Tong Ro, Esq., Chief Manager. Li Toe Foar. Esq., Hanager.
Lontoo
Branches and Agencies :-
Kowloon Peasny Soundsys
Razgoon Swator Saen Sydney Mellonaran Fran- Tatroku Nagnarks
Tientsia Tokro Vancaster Yokotams
Amor
Batarin
Bombay
Wanita
Calostí
Gantan
Halphone
Hankow Okka
Honolulu PATIA Kabe
alca No York denille Bekra Shanghai Paiping Blogaporn
Every description of
Basking
and Exchange business transacted.
Lonni granted
securities.
08
and Branches,"
R. A. CAMIDGE,
Tax
Manager.
THE CHASE BANK
15, QUEEN'S ROAD CENTRAL
HEAD OFFICE:
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
H.K. STOCK *
EXCHANGE
Feb. 10.
The market during the week was on the whole very quiet, but at times It showed signs of firmness, which did not last for long. However prices have been will maintained. and the market closes steady,
Providents, Lights, Underwriters. Electrics. and Wharves, show an Improvement since last week while Banks and Unions close buyers at $1390 and $4621 respectively.
BUSINESS DONE DURING THE WEEK
Hongkong Bank, $1410, $1395.
$1390, $1395.
Bank of East Asia, $85.
Union Insurance, $465.
cts., 60 cts., 65 cts.
FINANCE
GOLD IN BATANG
PADANG
Probable Source Of Alluvium
The production of rold in the Batang Padang district has more than doubled itself since 1934, the amount of gold pro- duced then being 3733 ounces as compared with 1043 ounces in . 1937, Prior to 1934 the average production a year Was In the neighbourhood of 1000 ounces, states Dr. F, T. Ingham,» Mining Geologist. who recently carried ont investigations
In this district.
י.
Native gold has been obtain- | Bukit Mad southeast of Tapah ed for many years as a by-pro and at Semellang. but they duct in mines working primarily oroved, unsuccessful. China Underwriters, 53 cts. 58 for th ore. Gold 13
wide- There is, however, no doubt that spread occurrence In the allu- a part of the gold produced by some vium of the area that has been of the mines near Semoliang is surveyed. It has been found in derived from the bedrock and. smail amounts northeast of Tapah during 1937, the bulk of the gold Providents (Qld). 36:35, $81, $6.70. on the Sungei Secol Estate and from the Bruseh Estate Gold
Hongkong Fires, $180.
Wharves, $118.
Docks (Old), $17), $17.60.
Providents (New), $8).
Lands, $364.
Tramways, $171, $17.40,
China Lights (Old), $8.90, $31. China Lights (New), $5). China Lights (Rights), $3. Electrics, $571. $58), $554. $58.
$58.35, 358), $58. Cements, $15.95, $18. Dairy Farms, $23, Constructions. $14. Raubs, $7.03.
Govt. 4 Loan 3' pren. Govt. 3% Loan Par.
3.30 P.M. CHANGES (CLOSING QUOTATIONS)
Buyers HK. Realties, $5.40, H.K. Tramways. $17. Wing On (H.K.), '$38. Marsmans H.K.), 2/8.
Sellers Provident (Old), $6.80. H.. Reales, $5.65. Telephones (Old), $231.
Sales
China Underwriters, $0.70. Providents, (New), $4.40. H.K. Electrics, $58/58). H.K. Ropes, $4,10, Watsons, $7.85. Marsmans (Lon.), 13/9.
HONGKONG
SHAREBROKERS'
ASSOCIATION
Fi
Volume of Business Transacted
Friday, February 10
No. of
Trams
This Bank is entirely owned by Lands
THE CHASE NATIONAL BANK, Watsons New Yoas, with Resources over 1.8. $2,500,000,000.
D. M. BIGGAR,
Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXŐHANGE
BANK
STOCK
Providents (0)
Marsman Invest.
HK. Govt. 31'» Loan $8,000 United Paracale
Itogons
Demonstrations
Paracale Gymnaus.... 12,000 Ps. 14,
CLOSING PRICES
Closing Philippine prices yester- day were:
Gold bas
LONDON METALS
is common in stream concentrates | Mine was obtained by the hydrau- from the Sungei Mas, triba-licking "of a hu of weathered
and tary of the Sungel Batang Padang.schist
phyllite containing been obtained from velns of auriferous quartz concentrates washed from the Anak Sungel, Janka and the Anak Sunge! Chepor." It has also been obtained from bore samples near Ing- Tapah Road village. Dr. ham states that the chief pro- ducing area. however, extends from south of Changkat Remblan to Bidor.
EXCHANGE
London. Feb. 9 (Reuter),
COPPER
£
buyers sellers
£ SHEARED PORTIONS
Standard, Cash 42-13/18 42-7/8 The bulk of the gold appears to Standard.
in- have been derived from the
3 months 43-1/8. 43-3/16 tensely sheared portions of the Electrolytic 48-1/4
48-3/4 Changkat Remblan granite from the mineralised achist and Standart. Cash 215 phyllite in contact with it. Some, standard, however, is, derived from the Main Range "granite and frum sedimentary rocks near, its con- tact,
and
It is, however, believed that in both the granite masses of Chang- kat Remblan and the Main Range the gold is confined to these areas
TIN
215-1/4
3 months 213-3/4 214 LEAD
Foreign, Foreign. Official
Official Price 14-1/4
3 months 14-1/2.
SPELTER
nr zones which exhibit shearing. Ordinary.
In these sheared zones and the Official Price 13-1/2. follated sedimentary rocks -near-
by the gold cccurs in quartz vetnis and stringers.
Ordinary, Offelal
14-3/8
14-9/18
13-5/
.:
3 months 13-13/16 13-7/8
Final: Afternoon Transactions
Tin. Standard Cash, £215 pald
In former years attempts to work auriferous quartz veins have and buyers.
been made on lot 2483 (now lots Th, Standard. 3 months. £213- 3328 and 3361).near Bruseh. 31 3/4 buyers,
WEEKLY RETURNS AND REPORTS
BANK OF ENGLAND
Shares Price
200 $17.40
100 36.25
200
7.85
Public Deposits
London, February 9 (Reuters.
Feb. 2 Feb. 9
(000's omitted) £12,260
£ 15,350
500
6,70
Other Deposits:--
300 13/9
Bankers
108.310
103,950
par
Other Accounts
5,000 Ps. 67
Tota!
37.140 145.450
33.490
139,440
3.000 Ps. 32
Government Securities
77,900
J:
77,640
5.000 Ps. 201
Other Securities:-
"
Discounts and Advances
21,310
20,650
Securities
21,380
22,360
Total...
42,670
43,010
Notes and Coins
55,250
52.310
Total Bullion ......
127,200
February 10.
Nctes in circulation
471.050
45
Ratio of Reserve to Liabilities
35.03%
127,300 475.000 33.79%%
35
261
13.80
47
003
201
Büls Bought
14
U.S. Securities held
1.80
Federal Reserve Ratio
34.14
2,564,000
··84.14%
224
67
The market was quiet,
Federal Reserve Credit Dutstanding Monetary Gold Stock Industrial Advance
www
2.582,000 2.524,000 14,096.000 14,732,000 14,811.000 14,738,000
C
Antamoksling
Atoks.
Bagulo Gold Benguet Consol Coco Grove
Consol, Mines Demonstrations Paracale Gumaus San Mauricio Suyoc Consol..
PAIDUP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHINA)
Owing to our numerous Branches in China and connections in the principal Commercial Centres of the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and United Paracales Exchange.
Brad Office: SHANGHAI
Hong Kong Branch:
4 QUEEN'S ROAD, C.
South China Offices:
approved
CANTON
Current Accounts opened in Local SWATOW
Currency and Fixed Deposita re- SHIUCHOW
KONGMOON TOISHAN KINGCHOW
ceived for one year or aborter We also handle the issue of
FEDERAL RESERVE SYSTEM
New York. February 9 (Reuter).
·Feb. 2 -Feb. 0 1000's omitted) 1,000 $ 1,000 2.564.000
CONSIGNEES” NOTICES CONSIGNEES NOTICES CONSIGNEES' NOTICES
CONSIGNEES' NOTICE
periods in Local and Foreign Cur- Bonds and other Public Funds of THE BURNS PHILP LINE. rencies on terms which will be the Chinese Government both at quoted on application.
Safe Deposit Boxes To Let
KAN TONG PO,
Chief Manager.
THE MERCANTILE
BANK OF INDIA, LIMITED
·Head Offco1–15, Gracechurch Street,
· London. [-03
Authorised Capital
Jabarribed Capital
Paid.er Capital
Reserve Fund and Best.
BANKERS:
£750,000
£1,000,000 £1.$47,880
The Bank of England and Midland
Bank. Ltd. BRANCHES:
Bangkok [pol
Frombay Calcatu
Calomho
Delhi
Galle Hongkong
Howard
Kashtan
Kandy
Karachi
Kota Dam
Kanto Lipu
Kuala Lumpur
Kuala TrenggoDA
Мисли New York Perg Паздета
Shangha
B
Sinsapore
HONGKONG BRANCH.
Every description of Banking and Emilunge
Jualus trinkactief,
Travellers Cheque Tied,
'TRUSTEE AND EXECUTORSHIP
UNDERTAKEN,
CURRENT ACCOUNTS Mered in Lomal Car racy (and FIXED DEPOSITS received in Local Currency, BYXRLING & U, B, DOLLARS di kerusi. that may be ascertaland on application.
D. BENSON.
Vanizer
Home and Abroad,
SHOU J. CHEN,
Manager.
DONT FORGET
THAT WHEN You are at "Home
you can get the
HONG KONG DAILY PRESS at SELFRIDGES.
FROM MELBOURNE, SYDNEY. SALAMAUA, BAHAUL AND
.MANILA.
HE M.V.
THE
* NEPTUNA."
CONSIGNEES of Cargo are hereby informed that all Goods are being landed at their risk into the hazardous and/or extra hazardous Godowns of the Hong Kong and Kowloon Wharf and Dodown Cos It, whence
major trom
the
wharves Delivery may be obtained.
SERVICES CONTRACTUELS DES; MESSAGERIES MARITIMES
CONSIGNEE NOTICE.
"ATHOS II"
**A/39.
8.8.
BRINGING CARGO FROM MARSEILLES vis SAIGON, etc. ARRIVED HONG KONG on TUESDAY, THE 7TH FEB, 1979.
PRINCE LINE.
NOTICE TO CONSIGNEES,
From NEW YORK, LOS ANGELES &. SAN FRANCISCO.
THE Motor Yerel
*JAVANESE PRINCE *** having arrived from the above Ports on 8th instant, Congness of Cargo are hereby informed that the Gooɗa are: being landed at their risk into the Godowns of the Hong Kong and Kowloon ONSIGNEES are hereby informed Wharf and Godowa Company, Limited, that their goods with the exception Kowloon, and stored at Consignees risk
All broken, chafed, and damaged Gooda
No Claims wil be admitted at the of Opism, Treasure and Valcables are and expense, Goods have left the Godots, and all being landed & stored into the Godowns Goods remaining sodelivered after tar of the Hong Korg, Kowloon Wharf are to be left in the Godowns, where 15th Feb., 1930, will be select to Beak & Godown Co., Ltd., Kowlood, whence they will be examined on Saturday,
All Claims against the bteamer must be presented to the Undersigned on or Jefore the 1st March., 1829, or they will not be recognized.
delivery may be obtained immediately. 11th inst after landing.
АП
1988, at 10 A.M. Claims must be presented within All claims must be sent in to me on 15 Days of the Yousel's anital here, before the 17th Feb, 1939, or after which data they cannot be re To comply with the tieneral Bonded
cognized. Warehouse Regulations, consignees must they will not be recognized.
Damaged Packages will be examined No Claims will be admitted alter the have Revenue Officer in attendance by the Company's Burveyor, Mesars. Goods have left the Godowns, and all Then damaged dutiable goods are Goddard & Douglas in the presence of Goods remaining, sudelivered after the examined
All broken, obafed and damaged Goods the Consignees at 10.00 am, os Mon- 11th inst., will be subject to Rest, are to be left in the Godowne, wher day, the 18th Feb 1839,
Coplandos muit tave a Bevénze
they will be examined on the 14th Officer in attendance when say datiable by Feb, 1939, at 10 AM., by Mowers. goods are examined by the Company's Goddard and Douglas.
No Fire Insurance has bem affected.
Burveyors.
Bill of Lading will be countersigand as in any case whatever.
No Fire insurance will be effected by
r
by
B. OHL
GIBE, LIVINGSTON Ở ĐÓ, K
Agenta,
| Hong Kong, 7th Fobl, 1989," Hong Kong, 9th Feb, 1929. [114
Agent.
(109
No Fire Instance has been effected.
Bill of Lading will be countersigned FURNESS (FAR EAST), LTD., Snd Floor, Hongkong Bhangbal Bank Building Dials 28165 & 28100.
| Hong Kong, 6th Feb., 1989,
(108
SATURDAY, FEBRUARY 11, 1939. --PAGE 13
PRESIDENT LINER
Sailings
TO SHANGHAI
(hence to Kobe, Yokobama, Honolulu,
San Francisco & Los Angeles.
S.S. PRESIDENT COOLIDGE
Sails February 11th at 8 P.M.
AMERICAN PRESIDENT LINES, LTD.
יון
ROUND WORLD SERVICES.
12, PEDDER ST.
TEL. 28171.
Lloyd
Triestina
FORTNIGHTLY
EXPRESS SERVICE
FAR EAST-INDIA-ITALY
"
Hongkong-London 23 dayı
Hoogkong Italy 21 days
SCHEDULE OF SAILING FROM · HONGKONG
TO MANILA, SINGAPORE, COLOMBO, BOMBAY, EGYPT
B.B
M.B
& ITALY
TO SHANGHAI
“O, BIANCAMANO" 25th Feb. B. "C. BIANCAMANO” 20th Feb. "CONTE ROSSO" 10th Mar, 8.8. "CONTE ROSSÓ' 3rd Mar. .Y. "VICTORIA”
25th Mar. m.v. "VICTORIA" 18th Mar, 8,8. "CONTE VERDE 7th Apr. .. "C. BIANCAMANO" 29th Apr.
LLOYD
8. "CONTE VERDE" 31st Mar.
"C. BIANCAMANO” 23rd Apr..
TRIESTINO
P.O. Box 143. Tel. Address "Lloydiano-Telephones 32982 Passenge
32983 Fraight
HAMBURG-AMERIKA LINIE
Far Eastern mail. Passenger & Freight Service
Through bookings to America vis Europe and Europe via America. Bookings around the world. Through bookings to London
-
OUTWARD SAILINGS
5.4. "OLDENBURG"
441
*m.v. "BURGENLAND".....for Shanghai, Dairen, Taku,
Yokohama, Kobo
18th Feb, for Shanghai, Dairen, Taku, Tsingtao, Ybama., Kobe. 27th Feb, ...for Bhai, Dairen, Taku, Y'ham,
Kobe, Osaka............
...7th Mar HOMEWARD SAILINGS
a.a. "NEUMARK"........
*m.v. "LEVERKUSEN" for Genoa, R'dam, Hamburg 14th Feb. a. "RHEINLAND" for Genoa, Antwerp, H'dam, B'burg 3rd Mar. m.r. "BURGENLAND" for Genoa, E'dam, Hamburg... 21st Mar
• Freighter with Passenger Ascommodation.
For further particulars and passage fares, etc. apply to-- HAMBURG-AMERIKA, LINIE
JEBSEN & CO., AoI28.
12, Pedder Street, Tel. 31205-6.
CANTON AGENTS: CARLOWITZ & CO., Shakee Road.
MAERSK LINE
Fast regular FREIGHT and PASSENGER SERVICE
SHANGHAI KIS JAPAN
to
LOS ANGELES, PANAMA, NEW YORK, BOSTON
PHILADELPHIA & BALTIMORE.
፡
It suficient inducement offers also other ports of call.
Arrivals from UB.A.
13th Feb.
•
·M.V. "GRETE MAERSK"
Sailings to USA
27th Feb.
11th Mar,
MV. “HULDA MAERSK” (All dates are subject to alteration without notice.) EXCELLENT ACCOMMODATION FOR PASSENGERS
AT MODERATE RATES.-
For Freight and Passage pieson apply :— ·
JEBSEN & CO.
Canton Bhameen, B.C. Agenta Hong Kong, Fedder, Building
Tal 10816.
Tal. 31205-8, Swatow Agenta: GEBR ROESE. Tel. 1683.