HONGKONG DAILY PRESS
་་
BANKS
HONGKONG AND SHANGHAI BANKING
CORPORATION
Authorised Capital $30,000,000 Issued & Fully Paid-Up #20,000,000 Reserve Funds:
Sterling
...£ 0,500,000 H.K. Currency Reserve $10,000,000 Reserve Liability of
Proprietors
.$20,000,000
Head Office:-HONG KÒNG
Board of Directors. Hon," Mr A. L. Shields,
Chairman.
Deputy Chairman.
❤
W. H. Lock, Esq.
J. K. Bousfeld, Esq.,
Hon. Mr. S. H.. Dodwell,
A. H. Compton, Exq,
G. Miskia, Esq.,
K. S. Morrison, Esq.,
T. E. Pearce, Esq.,
Hon. Mr. J. J. Paterson,
E. V. Wilkinson. Eng..
Sir Vandeleur M. Grayburn,
THE CHARTERED BANK OF INDIA, AUSTRALIA &...
CHINA Incorporated by Royal Charter, 1858
"HEAD OFFICE: LONDON:
38, Bishopsgate HC3, Fald-up Capital .......£3,000,009 Beserve Fand
# 3,000,000 Reserve Liability of Pro-
prietors........ £3,000,000
MANCHESTER BRANCH: 71, Moslay Street, Manchester,
ALOR STAR AMRITSAR
AGENCIES AND BRANCHES :
HONG KONG PENAMO ILOILO
RANGOON BAIGON (POK KARACHI SEREMBAN
KLANG
SHANGHAI KOBE
SINGAPORE
ΔΙΚΟΙΟΣ
ΒΑΤΑΨΙΑ
Chief Manager: CEBU
BOMBAY
CALCUTTA CARTON
KUALA
SITIAWAN...
CAWNPORS
LUMPUR
NOUMABAYA
Branches:-
Amoy
Ipoh". Penang
Bangkok
Johore
Rangoon
Batavia
Kobe
Bombay
Calcutta
Kowloon Kuala
COLOMBO
DELHI HAIPHONG FLAMBORG KAYKOW HARBIN
KUCHING *MADRAS
TAIPING
TIENTSIN
MANILA
TONGKAH
MEDAN
NEW YORK PRIPING
(Peking)
(Bbuket) TSINGTAO YOKOHAMA
Canton
Cheloo
#
. Saigon
San
Francisco Lumpur Shanghai London Singapore Lyons Sourabaya
Sungei Malacca Foochow Manila
Patani 8watow
Colombo Dairen
Haiphong Muar
Hamburg
(Johore) Tientsin
Hankow Mukden Tokyo
Harbin
New York Tsingtao
Hongke Peiping Yokohama Iloilo
In
opened Current Accounts Local Currency" and Fixed Deposita received for one year or shorter periods in Local and other Cur- renicles on terms which will be quoted on application.
Also up to date Safe Deposit Boxes in various sizes To Let.
Hong Kong, 28th Feb., 1930.
HONGKONG SAVINGS
BANK
The Business of the above Bank- in conducted by the HONG KONG A SHANGHAI BANKING COR- PORATION. Rules may be ob- tained on application...
For the Hono Kosa & Shanghai BANKINO CONTORATION.
·V. M. Grayburn,
Chief Manager."
Hong Kong, 25th Feb., 1939. BANK OF EAST ASIA, LIMITED
Authorised Capital ... $10,000,000.00 Paid-up Capital Beserve and Undivided
Prosta
5,398,800.00
2,778,796.76
Head Office:-HONG KONG No. 10 Des Voeux Road, Central
Board of Directora:
Sir. Shoumon Chow, Chairman Li Koon Chun, Esq. Li Lou Eang, Esq. WongChuSon, Ex. P. K. Kwok, Emy. Wong Yun Tong, Esq. Han Ying Po, Esq. ChanChingShek, Eng. FungPingWah Esq.
Kan Tong Po, Esq., Chiaf Manager. " Li Tre Fong, Esq., Manager.
Andy
Faterin
Bowlsy Calortia
Caxim
Walphong
BAALOT..
Branches and Agencies :---
Kowloon
London
Xanila
Sonrabaya Penan Langoon Bwałow
Sydney Saigon
tushoku disco, Tintaln
Tokyo VADCOOYOT Shanghai Yokohama Pelping Marspars
Xelbanan Baz Pra
New York
Chaska
BestLe Bemarang
Bonaln Park
Kobe
Every description of Banking and Exchange business transacted. LoBus granted
securities.
оп
FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT Accounts opened and FIXED DEPOSITS received for One Year or shorter periods at rates which will be quoted en application.
16-
The Bank's Head Office in London undertakes Executor and Trustee business, and claiman
of British Income covery
TAX overpaid, on terms which may be Racertained at any of the Agencies and Branches.
R. A. CAMIDGE,
Manager.
THE CHASE BANK
{.
18, 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
This Bank is entirely owned by THE CHAR NATIONAL BANK, NEW YORK, with Resources over U.B. $2,500,000,000.
D. M. BIGGAR,"
Monager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
PAIF UP 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 Exchange.
Head Office: SHANGHAI Hong Kong Branch:
4, QUEEN'S ROAD, C. South China Offices:
approved CANTON"
SWATOW
Current Accounts opened in Loon SHIUCHOW
HK. STOCK
EXCHANGE
Market conditions continue steady. With the exception or Trams, which changed banda in fair quantities, scrip is not readily available, and enquiries will have. to be made at higher levels to in- duce holders to meet the vicmand. BUYERS
fi
Canton Insurances, $420. H.K. Fire Insurances, $185, HK. Wharves, $119,"
HK, Docks (Old), $174," HK. Docks (Now). $16.90. Raubs, $81
H.K. Lands, $36.85. · HK, Trams, $16.80. Yaumati Ferries (Oid); $231. Yaunati Ferries (New), $22.70. China Lights (Old); sak. Chins Lights (New), $5.80.;, Electrics, $58).
Sandakan Lights, $10.40. Canton Ices, $1. Cements, $15.90.
HK. Ropes, $4. Watsons, $7.85. Wing On (HK), $41]. Entertainments, $7.
Vibru Pling, $64.
Govt 4% Loan 3% Prem. Marsimans (HK), 4/9.
SALES
Hongkong Banks, $1400. Union Insurances, $480. HK Hotels-- $54. HK, Lands, $37.
H.K. Trama, 317. Electrics, $583.
Watsons, $7.995.
Marsmans (HK.). 4/74/5/ -
PHILIPPINE MINES Antamoks, Pa. 444 Atoks, Ps. 38.
Baguio Gold, Pa. 261. Benguet Consol.. Ps. 14.00. Coco Groves, PB. 45. Demonstrations, Ps. 124. I. X. L. Ps. .87. Paracale Gumaus, Ps. 15. San Mauricio, Ps. 200. Sugoc Consol, Ps. 21j. United Paracales, Ps. .69.
HONGKONG
SHAREBROKERS'
ASSOCIATION
Volume of Business Transscled on Tuesday, March 7
Monday, March 6.
No. of
STOCK
H.K. Banks
Union Ins.
Shares Price S $1,400,00
10 480.00
Trams .......
2,500
17.00
HK. Docks (0.).....
200
17.50
Watsons
500
7.95
Star Ferrles
48
67.25
s d
200
4.11
500
.... 1,000" ......12,000
*4.71 Ps.0.13
Marsman,, (H.K.)
Demonstrati
FINANCE
FISHERY DISPUTE: JAPAN PREPARING FOR CRITICAL SITUATION
TOKYO. (Reuter By Mail)-Having completed all necessBTY preparations to meet the critical altustion which will arise if the Japanese Government's negotiations with the Soviets for the conclusion of a temporary fishery agreement fail, 150 fishing boats and 20,000 Japanese fishermen are waiting in Hakodate, Northern Japan, for the first sailing in April.
No matter what may be the
result if the negotiations, these
fisherfolk are determined SCOTS FACTORY
engage in the coming fishing
reason and thus uphold the rights BEATEN
they gained in the Russo-Japanese War.
Most of the Japanese newspapers describe the instructions sent to the Japanese Ambassador by the Foreign
Hachiro Minister, Mr. Arita. on February 18 as a foal warning to the Boviet authorities that. Japan would be forced to také determined steps for the protection of her rights unless the Soviets changed their attitude...
"Even temporarily wa cannot give up our legitimate rights in northern waters." declared Suke- atau
Tanaka, Erector of the Northern Sea Fishing Company recently.
BY
JAP GOODS
Competition from Japanesa slik roods is regarded 35 largely responsible for the de- cision to close down the silk factory at Larkhall own. ed by Caldwell, Young" and Co., Ltd. With the closing of the factory many pels and women in the district, which is already industrially depressed, will lose their em- ployment,
The firm was founded 60 years ago and has provided compara- tively steady work ever since.
"Although we are now waiting There has latterly been a lack for instructions from our Govern- of orders, and the majority of ment, we have already decided not the employees were suspended to concede eren an inch of our last week. A few are remain-
WEDNESDAY, MARCH 8, "1939.—PAGE 13
PRESIDENT LINER
Sailings
FOR SAN FRANCISCO & LOS - ANGELES
via SHANGHAI, KOBE, TOKOBAMA and HonolulU
*ELA. " PRESIDENT CLEVELAND * *S.S." PRESIDENT FIERCE "
6.8.
**PRESIDENT FOOLIDGE"
PRESIDENT TAFT"
9.8. - PRESIDENT CLEVELAND "
S.S." PRESIDENT PIERCE “
Baile - Mar. 11th at 4.00 PM.
Mar. 95th at 4.00 PM.
野
T
Apr. 8th at 800 A.M.
Apr. 21st at 8.00 A.M.
*
May 5th at 800 A.M.
41
May 19th at 6.00 A.M.
AND FORTNIGHTLY THEREAFTER
• OMITS SHANGHAI
FOR NEW YORK & BOSTON via SUEZ
8.8. "PRESIDENT GARFIELD" - Balls Mar 17th at 13 Noor 8.S." PRESIDENT MONROE"
"
Mar. 99th at 9.00 P.M. AND FORTNIGHTLY THEREAFTER ·
FOR
MANILA
S.S. PRESIDENT GARFIELD" Sails Mar. 17th at 19 Noom 8.8" PRESIDENT PIERCE"
Mar 18th at 8.00 PM.
54
8.8 "PRESIDENT COOLIDGE" 8.S. PRESIDENT TAFT »
H
Mar. 31at at 9.00 P.M,
Apr. 14th at 6.00 P.M.
AMERICAN PRESIDENT LINES
ROUND WORLD SERVICES
of
12, PEDDER ST
fishing concessions in East Siberia ing to complete a number Even if we have to take determined small orders which are still to measures in coping with the be dealt with situation, we are planning to sail according to our seasonal sche-hall Silk Factory of silk dresses, dule."
TOTAL HAUL
A speciality was made at Lark-
handkerchiefs, and tles, and for a number of years the owners had a large export trade, parti-
In 386 fishing districts scattered cularly with West Africa.
along the coast of Eastern Biberia,
Japanese competition, however, extends 6,000 which
miles, taken in conjunction with the fishermen 20,000 approximately
interest cotton manufacturers from Northem Japan have been have shown in silk goods since engaging in nahing for many years the decline of their own indna- The total amount of the haul intry, has practically brought the these waters reaches approximately Larkhall factory to a standstill. Y50,000,000 a year. Of the total It was thought that it might catch, about 30.000.000 worth is be possible to keep the factory exported to foreign countries as going if orders materialised from canned goods, while the rest 13 the Air Ministry for parachute consumed within Japan.
fabric, but overtures from the The most valuable fisheries along district were turned down, the coasts of the Sea of Okhotak and the Behring Sea are the shore- lots in the estuaries of a number of rivers up which the salmon run in the breeding season.
-
FINANCIAL CONFERENCE IN CHUNGKING
CHUNGKING. Mar. 7 (Central)
Canneries have been set up at most of these points. Informed circles doubt whether Japanese fishermen would be able to operate-An important conference sur- such shorelots in the face of Soviet moned by the Ministry of Finance opposition, as it would be dimcult to gather first-hand information of
TEL. 28171.
THE BEN LINE STEAMERS, LTD.
S.S. "BENGLOE"
Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG and LEITH on or about the 9th March, 1939...
Cargo will also be accepted on through Bill of Lading to the usual transhipment ports.
For Freight and l'assage apply
to the Agents:
W. R. LOXLEY & CO., (CHINA) LTD.
Tel. 34165
York Building.
for Japanese naval vessels local finance and to and ways and CONSIGNEES' NOTICES CONSIGNEES' NOTICES
to
means to cope with the Japanese
protect thera.
The Japanese naval authorities measures enforced in their con- trolled territory to undermine are maintaining their usual.secrecy
and currency concerning the steps which will be China's economic taken to protect Japanese rights system, is being held here. PE.0.12
The inaugural meeting yesterday in the event of the fathure of the present negotiations between the was attended by more than 40 of
financiers from Szechwan, Tunnan, T Japanese Ambassador in Moscow the nation's leading bankers and Kwangtung. Kwangsi, Fukien, Cheklang, Xiangsu, Honan, Hanan,
SINGAPORE STOCK QUOTATIONS
The following quotations of 12 leading Singapore stocks have been received by Messrs. Ellis, and Edgar from Messra. J. M. Sassoon & Co.
Singapore, Feb. 24. RUBBER SHARES
Middle Price
וי
Amalgamated Malay Estate
Ltd........
Kempas Limited ... Kuala Sidim Rubber Co.,
Ista. Pajam Limited
$1.37 1.70
2.00 1.70
Sungel Bagan Rubber
Estates Ltd.
1.221
Tapah Rubber Estate Ltd....
1.67
TIN SHARES
Petaling Tin Limited
6.50
Sungei Luas Tin Dredging
Ltd.
INDUSTRIALS
1.40
... 25.60
8.50
13.50
SHOU J. CHEN,
Manager. Raub
GOLD Australian Gold Mining Co., Ltd. mung.
4.50 c.d.
The above quotations are "in
KONGMOON TOISHAN "KINGCHOW
Currency and Fixed Deposits re We also handle the issue of İz
ceived for one
year or shorter Bonds and other Public Funds of Straits Trading Co., Ltd. periods in Local and Foreign Cur- the Chinese Government both at United Engineers.Ltd. (Ord.)
Wearne Brothers Ltd. rencies on" terms which will be
Home and Abroad. quoted on application.
Safe Deposit Boxes To Let
KAN TONG PO,
Chiel Manager.
THE MERCANTILE BANK OF INDIA," LIMITED
Head Office:-15, Gracechurch Street,
London, E.C.3
Authorland Capital Suharibed Capital Palding Capl
Reserve Fund and Bet,
BANKERS:
The Bank of England and Midland
Bank, Ltd. BRANCHES:
Ipoh Kuantan
CANADIAN
CHEMICAL Balts dollars,
INDUSTRY
Modern industrial chemistry has
and the Boviet Foreign Com- missariat, but rumour has it that
a squadron of light cruisers i being concentrated: at Rashin, a port in Nirthern Korea, in prepara- tion for eventualities:
Hupeh, Anhwel. Klangst. Shenst
and Kangu.
In an address. Dr. H. H. Kung, President of the Executive Yuan and concurrently Minister of Finance, asked those present to
In the Diet, Nationalist Members have urged that Japan should seize North Saghallen if the Soviets study the following points care- prove obdurate. Japan has had tully: development of economic re- covetous eyes on that territory sources, strengthening of the cur- for some years because of the
rency system. maintenance of the coal and of available there.
credit of the Chinese currency, facilitation of the purchase of na- tive products, regulation of com- modity prices, and supply and dis- tribution of foodstuffs.
GERMAN COTTON IMPORTS TO BE
CENTRALIZED
BERLIN, Mar. 7 (Reater)—A Hold- ing Company, for all cotton frins has been formed in Bremen with a capital of ten million marks.
Cotton Imports are to be cen- tralized and orders are being placed
Heports on the financial condi-, tions in various provinces were made by the respective delegates.
CONSIGNEES' NOTICE.
ני
with those countries which are THE BEN LINE STEAMERS, LTD. ready to buy Industrial products.
The cotton purchases from coum- tries, which in the past, have taken export goods in payment, will be
this atected by method.
Hew
́business
From LEITH, MIDDLESBRO', ANTWERP, LONDON AND STRAITS
THE 8.8. BENGLOE" VONBIGNÉES · of Cargo are hereby informed that all Goods are being landed at their rink inter the bámédons EXPORT PERMITS hazardous Godoues of the Howe Kous. Ar» KOWLOON WEAXP, AND FROM FEDERAL
Godown Company, Lan, whents, god Fore from the wharves BANK
De Wharren Delivery, miny be mbtained.
Bo Claima
will be
-ba nimitted of announced that from to-day re-floods have left the Godowns, and all Gouda remaining undelivered, after the
"The 2 chernical
of
CHEFOO, Mar. 7 (Reuter) It was
become one of the most vital facturing occupies a major role factors in everyday living. Trans in its economie Itfe. In this formations which a few years short period. Canadian mana- 42,000,000 ago might have been consider-facturing facilities have been so
1,800,000 E1.050.000 ed miraculous are taking place expanded that to-day most
daily in modern chemical plants the requirements of the Cana-strictions on exports from abroad 14th Mar 1939, will be subject to rent the dian people are met with com- and other parts of China formerly All Claims against the Bloemar mak with little attention from
Raw materials modities produced in Canada. imposed by the Chinese and Ja-be presented to the Undersigned on or public at large,
industry
panese have been abolished, All, ex-before the 26th Mar., 1939, or they will such as wood, phosphate rock,
salt Canada ranks well among the cepting twelve items of these, innot be read sulphur, limestone. coal,
– with the General Bonded. are chemical industries of the world, cluding pea-nuta, cotton sped, glycerine, alcohol and oils,
Warchonso Begulations, consignes being converted by chemical pro- Canadian Industries Limited, de tobacco lead and coal, will still need must have a Revense Officer in attend cesses into an increasing number veloped from Canadian Explo export permits from the Federal
soos when damaged dutiněle goods sives Limited, has expanded".
Reserve Bank showing that the are examined, [of products
All broken, shafed and damage
Goods The chemical industry in Canada ti to-day the company operates bills were negotiated at the fixed
sre to be left in the Godawzz, where HONGKONG BRANCH. has been faced with the problem some twenty-five plants located rate of fourteen penice,
they will be examined on the 13thL META Every description of Banking and Exchange of supplying the chemical re- at strategic points across the
1980, st. 9 a.m., by Messrs. Carmichael unainen transotest.
quirements of a country which | Dominion and ranks as the largest
& Clarko Travellers. Chegous Israeč,"
was largely devoted to agrient-Canadian manufacturer of acids, ture and the other primary in alkalis, chlorines, sporting am- dustries before the Great War munition; commercial explo but which, in the short mace sive, and fertilizers, and has de- has developed come an important factor in the of twenty years, into a nation in which manu paint industry,
Bangkok
Bombay
Oalentta
Kandy
Colomba
Kerbi
Delhi
Kota Bharu
New York Penang Hangon
Пл Bimla
Galle Hongkong Howwb
Kanta Lipia
Aula Lamper
Kuala Trenggan
Bingapore
TRUSTEE AND EXECUTORSHIP UNDERTAKEN.
CURRENT ACCOUN738 wogaad in Leesi dar TIKY und FIXED DEPOSIT received is Oryancy, USE KLING & U,S, DOLLARS an tal that may be contained con Application. w
D. BENDONK
LONDON GOLD
London, Mar. 6 (Reuter): Bar Gold, Fine per oz., 148/3), Dollar Parity, 1/2d. premium.
No Fire Interazine has been affected “Bills of Landing will be sonatumgned by W.R. LOXLEY & Co. (CHINA) LAD..
Bong Kong, 7th March, 1929,
[201
HAMBURG-AMERIKA LINIE
at
NOTICE TO CONSIGNEES.
THE S.6.
LINE
DODWELL--CASTLE
NOTICE TO CONSIGNIES,
M.V. "THURLAND CASTLE' From U.S.A. via MANILA.
"OLDENBURG*. haring arrived from Hamburg and CONSIGNEES of Cargo are hereby informed that all Goods are Ports of call, Consignees of Cargo are hereby notified that their Goods are being landed at their risk into the being landed and placed at their risk into Godowns of the Hongkong and How- the Hong Kong & Kowloon Wharf & loon Wharf & Godown Company, Ltd. Godown Company's godown at Kowloos, at Kowloon, whence and/or from the where delivery may be obtained as soon wharves delivery may be obtained. ss the Goods are landed.
Optional cargo will not be landed Optional Oarge will not be landed here, unless notice has been given 48 here, unless Notice has been given 48 hours prior to vessel's arrival, but car. hours prior to Vessel's arrival, but carried ried on from port to port to the final on from port to port to the final port port of call to which the option of call to which the option extends.
No Claims will be admitted after the Goods have left the Godowns, and a Goods remaining undelivered after the 7th Mar., 1939, will be subject to Beat
extends.
No claims will be admitted after the Goods have left the Godown, and all Goods remaining undelivered after the 30th inst., will be subject to rent
All claima against the vessel must All broken, chafed and damaged Goods be presented to the undersigned on or are to be left in the Godorms, where before the 17th inst. or they will they will be examined on 6th Mar..not be recognized, 1939, at 10 am, by our Surveyors, Messrs. Goddard & Douglas.
To comply with the General Bonded Warehouse Regulations consignees must have a Revenue Officer in attendance when damaged dutiable goods are examined.
All broken, chafed, and damaged Goods are to be left in the todowna where they will be examined on the 9th inst., at 10 am. by our surveyors Messrs, Goddard & Donglas,
In the case of dutable cargo, son- signees are requested to inform the All Claims must reach as before the Imports & Exports Office that they 7th April, 1989, or they will not have such goods for examination. be recognized.
No Fire Insurance has been effected. Bill of Lading will be countersigned No Insurance will be effected. Bill of Lading will be countersigned by by
JDEREN &00
DODWELL & CO., ETH.. Agents.
Agenta. [178 Hong Kong, 3rd March, 1939, Hong Kong, 1st March, 1989.
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