HONGKONG DAILY PRESS
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Authorised Capital.......... $50,000,000 Issued & Tally Paid-Up $90,000,000 Reserve Funds:
Sterling
..... £ 6,300,000 H.K. Currency Reserve $10,000,000 Reserve Liability of
Proprietors
..$90,000,000
Head Office:-HONG KONG
"
Board of Directors:
Chairman.
A. L. Shields, Esqu
W. H. Lock, Esq.,
Hon. Mr. J. E. Bousfeld,
Deputy Chairman.
A. E. Compton, Esq.,
Hon. Mr. 8. H. Dodwell,
D. F. Landale, Esq.,
G. Miskin, Esq.,
K. 8. Morrison, Esq.,
Hon. Mr. T. E. Pearce,.
H. V. Wilkinson, Esq.
Sir Vandeleur M. Graybarn,
Amoy
Bangkok Johore
Batavia" Kobe
Bombay Kowloon
th
INDIA, AUSTRALIA
AND CHINA Incorporated by Boyal Charter, 1883
SPA
Paid-Up Capital
H. K. STOCK
EXCHANGE
The market was extremely quiet throughout this morning's trading BUYERS
HK Wharves, $102, H.K. DOCKS. $161.
Land 4%. Debentures," Par. China Lights (0), $7.90.
„£3,000,000
Canton Icea, -91.
Reserve Fund.....
£3,000,000
Cements, $121.
Reserve Liability of Proj
priators.
£8,000,000
Govt. 4% Loan, 102 Govt. 31% 99).
SELLERS
HEAD OFFICE: LONDON: 38, Bishopsgate E.C.2 Sub-Agencies In London: 117/199, Leadenhall Street, EO... West End Branch:
14/16, Cookspur Street, S.W.1. Manchester Branch:
52, Mosley Street, Manchester, 2.
AGENCIES AND BEANCHES:
HARBIN PENANG HONG KONG KANGOON
LUMPUK
CLIVE STREAT, KUALA FAIRLIN PLACER
CANTON
CAWNPORE
KUCHING
MADRAS
TAIPING TIENTSIN
China Underwriters, $1.35. Humphreys, $8.
"
SALES
H.K. Trama, $16.70.
Humphreys, $7.30.
Electrics, $534.
PHILIPPINE MINING QUOTATIONS
Antamoks
FINANCE & GENERA
ALOE STAK AMRITSAR
BANGKOK
ILOILO
SAIGON •
BATAVIA
ХРОН
KEREMBAN
BOMBAY
KARACHI
SHANGHAI
Atoks..........
Centavos.
241 22
CALCUTTA KLANG
AGENCIES: TOP
SINGAPORE SITIAWAN
Bagulo Gold
214
Batong Buhay
BOURABAYA
Chief Manager.
Benguet Consol
014 -10.80
Big Wedge
22}}
Branches:
TONGKAH
Coco Groves
23
C BU
Ipoh.
Penang
MANILA
(Bhuket)
Consol. Mines
002
Rangoon
COLOMBO
DELAI
MAPAN
TSINGTAO
Demonstrations
10
Saigon
HAIPHONG
NEW YORK
YOKOHAMA
IX. L.
43+
San
HAMBURG
PEIPING
Ipo Gold
$17
Calcutta
Kusla
Francisco
XANKOW
Itagons
Canton
Lumpur Shanghai
Mambulao Consol,
Chefoo
London
Singapore
Colombo
Lyons
Sourabaya
Masbates
11
Mind, Motherlode
081
Foochow Manila
Mine Operations
13
North Camarines
25
Paracale Gumaus
16
San Mauricio
91
Surigao Consol,
25
14
032
4.4
Dairen Malacca Sungei
Patani Swatow.. Haiphong Muar Hamburg (Johore) Tientsia Mukden Bankow
Tokyo Harbin New York Tsingtao Hongkew Peiping Yokohama Iloiln
(Peking)
FOREIGN EXCHANGE and General Banking Business transacted.
and CURRENT ACCOUNTS opened FIXED DEPOLITE received for One Year or shorter periods in Local or Other Currencies at rates which will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates obtainable on application.
CURRENT ACCOUNTS opened in LOCAL CURRENCY and FIXED DEPOSITS The Bank's Head Office in London received for one year or shorter undertakes Executor and Trustee periods in Locs! and other Our-business, and claims » recovery of rencies on terms which will be British Income Tax overpaid, on quoted on application.
terms which may be ascertained at Also up to date. SATE DEPOSIT any of the Agencies and Branches. Boxs in various sizes To. Lat
R. A. CAMIDGE, Hong Kong, 5th June, 1939.
HONGKONG SAVINGS
BANK
The Business of the above Bank is conducted by the HONGKONG & SHANGHAI BANKING "COR- PORATION. Rules may be obtain- ed on application.
For the HONGKONG & SHANGHAI
BANTING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong. 25th Feb., 1939.
BANK OF EAST ASIA,
LIMITED
.J
Authorised Capital.....$10,000,000.00 Paid-Up Capital 5,598,600.00 Reserve and Undivided
2,883,932.01 Profits
Head Office-HONG KONG No. 10 Des Voeux Road, Central
"Board of Directors:
Sir Shouson Chow, Chairman
Li Koon Chun Esq. Li La Bang, Esq.
P. K. Kwek. Esq.
Wong Yun Tong, Esq.
Chan Ching Shok, Esq.
Wong Chu Son, Esq. Kan Ying Po, Esq.
Fong Ping Wah Esq.
Kan Tong Po, Esq., Chist Manager.
Li Tie Fong, Beq, Manager,
Amoy
Branches and å gencler 1-
•
Kowlook Радале Hingapore"
Bangoon Sourabaya Saigon Awatow San Fran. Sydney ⚫olo Tien Beattle Vancouver Bemarang Shang bal
Bataviz London Bombay
Manila Caloutta Melbourne
Bagneska Halphong Katow New York
Pardi Felping
Honolulu Iebe
Every description of Banking and
15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE;
וי
Suyoc Consol Sundicate Izv.
United Paracales
PHILIPPINE GOLD MINING QUOTATIONS
BATTLEFIELD FOR ALMOST TWO YEARS: AMERICAN RELIEF WORKER IN SHANSI
as
rebuilt; and to-day its inhabi- tants are rock-firm and united. in their resistance.
Loyal Citizens
CHUNGKING, Aug. 1 (Central) "Their spirit 13" indescribable; one who has seen the cheering people lining the roads in thousands, shouting slogans, sing-- ing songs, drilling in tailored formations can scarcely belleve that Shansi has been a battlefield for almost two years," said. Miss Joy Homer, on her return to Chungking, from a four-month trip to the North-West. Miss Homer made the trip A representative of the Church Committee for China Relief, an American organisa- tion with headquarters in New
Miss Homer spent several days at York, which consists of such the headquarters of the Governor constituent groups 'as the of Shansi, General Yen Hal-shan. International Famine Reller So well hidden are the headquar~ Commission, the Foreign ters in the hills and so loyal have Missions Conference of North been the Blocal citizens. she said. America, and the Federal that the Japanese have never been able to discover and bomb them. Council of Churches.
Japanese planes fly daily over the The closer one draws to the battle hills scouting and searching, but
BTAIL. front, the more firm and striking always to no
Nearby is öne finds the morale of the people, located a university, which has en- Said Miss Homer. In Shanat, rolled 50,000 students for training ravaged more cruelly than any in political and military duties, other of China's provinces by the The students live in camps and Japanese army, the will of the caves.. people seems to have been inflamed
by the fire of battle..
The town of Chihsien, west ... of Tangpu Railway, is symbolle twice captured by the Japan- ese, It has been twice retaken; twice burnt, it has been twice
CHINESE
CURRENCY EXCHANGE
H.K, STATEMENT REFERRED TO IN COMMONS
LONDON, Aug. 2 (Reiter) -Mr. FJ. Bellenger (Lab)
Wednesday, Aug. 2, 1939.
Centavos.
Atoks
224
Manager.
Antamoks
243
Baguio Goid
211
Eatong Buhay
014
Benguet Consol,
10.80
THE CHASE BANK
Big Wedge
22
Coco Groves
*
Consol. Mines
000
Demonstrations
201
43)
Ipo Gold
17.
Itogons
Mambulao Consol,
07
Masbates Consol
"11
Mine Operations
131
North Camarines
26
Paracale Gumans
16
asked Sir John Simon, Chan- cellor of the Exchequer, in the House of Commons yesterday, whether the statement Chinese Currency issued
· Hongkong on June 8 to the the effect that the ability of anthorities to maintain · ex- change should not be ques- tioned, still represented the British Government's views.
ON In
San Mauridio
92
Surigao Consol,
25
Suyoc Consoi
14)
632
44)
18, PINE STREKT,
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 BANE, THE CHASE NATIONAL NEW YORK, with Resources Ever U.S.$2,300,000,000.
1
D. M. BIGGAR,
Second Vice Pres
WEEKLY RUBBER
REPORT
REYNOLDS AND GIBSON
RUBBER
(Per Payne & Co.)
Liverpool, July 18, 1939.
London. There has been a bet-
Sundicate Inv. United Paracales Mindanao Motherlode
25
The major problem in Shansi ' at present is that of efficient medical service and organiss- tion, according to Miss Homer. Medical supplies are not too plentiful, and trained person- nel is much in demand.
In Yenan. "Bheast, sald Miss Homer, the same lack of medical supplies was evident, but there was no lack of medical personnel. She found the Indian medical unit bard at work and found also an Ameri- can"doctor who had volunteered his services to China's, cause.
CONSIGNEES' NOTICES
SERVICES CONTRACTUELS DES MESSAGERIES MARTTIMES
CONSIONBE NOTICE.
B.S." PRESIDENT DOUMER" 10"A/89,
BRINGING CARGO From MARSEILLES via SAIGON, etc... ARRIVED HONG KONG ON WEDNESDAY, THE SND AUG., 1989
NONSIGNEES are aereby informed their goods with the exception
Sir John Simon replied that the of Opium, Treasure and Valuables are statement was not issued by
being landed & stored into the Godowni the
of the Hong Kong, Kowloon Wharf British Government, which had
&Godown Co., Ltd, Kowloon, whence view delivery may be obtained immediately at no time expressed any in regard to the future exchange after landing. 087
value of the Chinese dollar.
CURFEW IMPOSED
IN BOMBAY BOMBAY, Aug. 2. (Reuter)- Curfew
the imposed in. W36 Northern · quarter of Bombay yesterday following the afternoon's disorders, which are connected with the Prohibition Law,
to
A crowd gathered in order ter tone about the market the last few days and quotations are rather protest against the Property Tax higher than a week ago. Con-which was imposed partly to meet tinental and US, manufacturers the deficit consequent on prohibi- have been enquiring for nearby tion. rubber on cit. terms and it is be-
The latest estimate of casualties Heved that if these demands were in yesterday's disorders is 56. present in any volume a scarcity would be revealed. Already, owing
Exchange business transacted. Loans to the expanding use of sponge } granted on approved securities. rubber in the upholstery of railway. Dutch views seem to favour a "5
Current Accounts opened in Local carriages and motor cara, there is Currency and Fixed Deposita re- ceived for one year or shorter sald to be a shortage of liquid periods in Local and Foreign Cur-latex, especially in the USA."
The Malayan Information rencies, on terms which will be
Agency supplies the following quoted on application.
statistics of Dealers and Port SAFE DEPOSIT Boxes To LET.
KAN TONG PO,
Chief Manager.
BANK OF CHINA
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK N PAID-UE 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:-SHANGHAT' Hong Kong Branch:
4, QUEEN'S ROAD, C. South China Offices:
CANTON
SWATOW
SHTUCHOW
DKONGMOON:
TOISHAN KINGCHOW
We also handle the issue of Bonds and other Public Funds of the Chinem Gerarnment both at Home and abroad.
SHOU J. CHEN,
Manager.
Dollar Depreciation
Bir
All claime must be sent in to me on or before the 18th Aug, 1938, or they will not be recognized.
Damaged Packages will be examined Mr. Bellenger recalled to
by the Company's Surreyor, Mesers. John Simon, that he had quoted | Goddard & Douglas in the presence of these words and the Hongkong the Consignees at. 10.00 am, on Tues- statement on an "earlier occasion..day, the 8th Aug., 1939.
"
Was he to understand that
there was no purpose whatever -'in quoting this statement and was Sir John Simon Aware that since making it the Chi- nese dollar had depreciated further?
Sir John Simon said that his recollection was that Mr. Bellen- ger sought information and he referred him to a statement issued by the authorities in China.
!
1
Consignees must have a Revenue Officer in attendance when any dutiable goods are examined by the Company's Surveyors.
THURSDAY, AUGUST 1939. -PAGE 13
PRESIDENT LINER
Sailings
FOR SAN FRANCISCO & LOS ANGELES vin SHANGHAI, KOBE, YOKOHAMA and HONOLULU 88: *PRESIDENT TÄFT”
BUS. PRESIDENT OLEVELAND""
8.8.
8.8
PRESIDENT FIERCE". SB.PRESIDENT COOLIDGE " PRESIDENT TAFT ”
*Salla
11
Aug. 12th at 8:00 AM. Aug. 26th at 8:00 AM Sept. 9th it 4.00 PM.
Sept. £3rd at 9:00 AM),
Oct 7th at 800 AM.
Oct 21st at 800 M
"
88. "PRESIDENT CLEVELAND "
AND FORTNIGHTLY THEREAFTER
FOR NEW YORK & BOSTON
Aug. 5th at 12 Noor Aug. 17th at 12 Noor
$8. " PRESIDENT ADAMS: "" 88." PRESIDENT VAN BUREN "
AND FORTNACHTLY THEREAFTER
FOR MANILA
via SUEZ
-Skib
Sails Aug. th ̈at MIDNIGHT'
H
Aug. 6th at 2.00 AM,
Aug, 19th at 9.00 AM.
Sept. 1st at 18 Noor
188 PRESIDENT ADAMS” SS" PRESIDENT TAFT" 18.8. "PRESIDENT CLEVELAND" 8.8. “PRESIDENT HARRISON"
"AMERICAN PRESIDENT LINES
"ROUND-WORLD SERVICE"
12, PEDDER ST.
Priestina
Lloyd
TEL. 28171,
FORTNIGHTLY
EXPRESS SERVICE
FAR EAST-INDIA ITALY
Hongkong-Loudon 23 days Hongkong-Italy 11 days
SCHEDULE OF SAILING FROM HONGKONG
TO MANILA, SINGAPORER, COLOMBO, BOMBAY, EGYPT & ITALY
m.v: "VICTORIA" ·
12th Aug. BS "GIULIO CESARE" 1st Sept. 8. "C. BIANCAMANO" 18th Sept. 4. "CONTE VERDE 9th Sept.
14th Oct. m.v. "VICTORIA"
LLOYD
TO`SHANGHAI
5th Aug. m.v. "VICTOR'A” 18. “GIULIO CESARE” 25th Arg. "C. BIANCAMANO" 10th Sept. CONTE VERDE" 22nd Sept. m.v. "VICTORIA" "
3.5.
TRIESTINO
P.O. Box 143. Tel. Address "Lloydiand"-Telephone
7th Oct
32982 Fassenger 32983 Freight
HAMBURG-AMERIKA LINIE
Far Eastern Mail, Passenger & Freight Service
Through hookings to America vin Europe and Furope via America. Bookings around the world. Through bookings to Tondon.
OUTWARD SAILINGS
$.4. SAARLAND'. m.v. RAMSES"....... ** m.v. “KUMERLAND"
for Shanghal, Dairen, 'ham.. Kobe
4th Aug ... for Shanghai, Dairea, T'hama,
Kobe
10th Aug..
20th Aug
Agent.
[594
No Fire insurance will be effected by us in any case whatever,
B. OHL,
Hong Kong, 2nd Aug, 1989.
NOTICE TO CONSIGNEES -
יי
PENINSULAR AND ORIENTAL
STEAM NAVIGATION G
SZAXE "CARTHAGE.":
ABRIYAD HONG KONG ON 2ND AUG. 1989.
Mr. Bellenger persisted. What was the purpose of· refer- ring him to that statement, be asked, if Sir John Simón · · diễ not take it as substantially per cent increase at next Tuesday's the LRR for the
correct? – hoangth meeting of October-December quarter irres- Sir John Simon replied that he
From pective of any modification due to thought that the statement, to a
GIBRALTAR MAB- the cotton-rubber barter deal. In larga extent, was a statement in LONDON,
SEILLES. MALTA, PORTSAID, connection with this according to regard to future prospects. Ob ADEN, COLOMBO AD. STRAITS press reports, there appears to be viously attention must be paid a hitch in the proceedings on the to the opinion of the authorities May other side of the Atlantic which in the country concerned "as tons may defer the scheme coming into their view on their currency. 12,270 operation as early as Intended,
2,302
In its present temper the market may show further slight improve- 14.572 ment" but we do not look for any radical change prior to the meeting 1,768 a week hence:
Stocks:-
*Singapore *Penang
Stocks Dealers
Jurie tons 11,529 2,516
14,045
Province Welles-
ley, etc.
1,639
15,684
June
May
tonis
Singapore Penang
rt, etc. 4,740 800
5,540
6,302
Movements of Rubber in London (16,340 and Liverpool for week ending
July 15, 1980
London-Landed 596 tons; De- tons livered, 1,056 tons; Stock, 41,023 tons; Last year, 61,420 tons, 4,936 Liverpool-Landed 223 tons; 1.366 Delivered, 575 tons; Stock, 20.053
tons: Last year, 33,839 tons."
Outside regulated area. Inside regulated: area. The US. Questionnaire figures for June are given below with' those of May as comparison
New York-There has been a
COTTON MILL TREASURER KIDNAPPED
to
ONSIGNEESB of Cargo by the above-named Vessel re harnby in Formed that their Goods are being landed and placed ar rug to the Hong Kong and Kowloon Wharf and Godowa Company's Godowns at Kowloon where each Consignment will be sorted out Mark by Mark and Delivery own be obtained ar the Goods, are landed, “pu
landed Optimal Goods will be
miles instructions have been given to the contrary 8 Hours before arrival of the steamer,
Goods not cleared within 8 days in ['cluding date of arrival will be subject to
CHUNGKING, Aug, 1 (Central) Shanghal Municipal Police au-
No Fire Insurance will be effected by thorities are investigating the diens in any care whatever may appearance of Tung Yun-shu, Damaged Packages must be left in treasurer of the Hwa Haing Cotton the Godowns for examination by the MIL who was kidnapped from bds Consignass, and the Company's wuZVAJOIE, Messrs. GooDARD & DOUGLAS, WE 10 now. office by a Chinese and 3 Korean on Mondays and Thursdays, within the
Free Storage period, was very f on July 30,
Consignees are specially notified that it if necessary for Revenue Oficer to be present at the examination of damaged dutiable eargo, N
All Olsimus, against the Stesenes muet, be presented to the Undesigned on or
little more fluctuation in prices during the period under review, mostly in an upward direction. The mill is eltuated in Jessfield Demands front consumers have in the western district of Shang been rather, more
aggressive, ac- hal. companied by steady buying of It appears the Chinese and Kor- can went to the mill demanding June May futures also on consumer account. cons tons The barter scheme is attracting an interview with the manager before zard Aug, 1839, or they will Consumption
47:259 44,377 much attention and the im- In the latter's absence, however not be recognised,
Arrivals
€35,947 47.535 mediate issue is the meeting of the Tung received the "guest" and Reclaimed Con- IRRC. next Tuesday which was spirited away 14,871 13,517 should decide the trend of the motor car outside. 181,704 193,802 market after that for some little
51274 54,046 time
Stock Adoat
for Bhanghai, Dairen, Taka, Y'hama., Kobe...
HOMEWARD SAILINGS
RHEINLAND"...for Mars, R'dam., Hamberg 7th Ang 1.v. BURGENLAND" for Geros, B'dam, Hamburg... 31st Aug. 4.5. "SAARLAND"...for Genios, Antwerp, R'dam, 'burg 8th Sept. * Freighter with Passenger Accommodation,
For further paruculars and manage fares, etc. apply to:
HAMBURG-AMERIKA LINIE
JEBSEN & CO., AGENTS.
11, Pedder Street, Tal $12056
CANTON AGENTS: CARLOWITZ & CO., Shakee Road.
We Claims ill be wismitted after the in a waiting Goods bays left the Godow
MADKINNON, MACKENFIB & Co., One suspect his since been de- Hong Kong, Sud Ang, 1929 tained by the police.
· 1899
LIJN
VISIT BALI AND JAVA
Favourable Month To Travel AUGUST
Special Excursion Fares On Application SAILINGS
TO MANILA. BALI, MAKASSAR
AND SOERABAIA
m.s. "TJINECARA 8th Ang. TO BATAVIA (DIRECT) — TJIBADAK 22nd Aug.
TO AMOY & SHANGHAI= 11th Aug LL." "TJIBADAK"
For Freight & Pastage Batm Apply:
JAVA-CHINA-JAPAN
(Incorporated in HONGKONG CANT
Macao
spar
·H NOLASCO DA
MODERN
EXPRESS SERVICE