12
HONGKONG DAILY PRESS
BANKS
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION.
Authorised Capital 800,000,000 |
INDIA, AUSTRALIA
AND CHINA
taued & Fully Paid-Up $20,000,000 Incorporated by Royal Charter, 1853
Kesarve Funds:
Sterling
Paid-Up Capital £6,000,000 Reserve Fund H.K. Currency Reserve $10,000,000 Reserve Liability of Pro Reserve Liability of
prietors... Proprietors
$20,000,000
PARALA
Head Office-HONG KONG
Board of Directors:
A. L. Shields, Esq.,
W. H. Lock, Esq..
Chairman.
Deputy Chairman,
Hon. Mr. J. K. Bousfield,
A. H. Compton, Esq.,
Hon. Mr. 8. E. Dodwell,
D. F. Landale. Esq.,
Q. Miskin, Esq.
K. S. Morrison, Esq,
Hon. Mr. T. E. Pearce,
H. V. Wilkinson, Esq...
Sir Vandeleur M. Grayburn,
Chief Manager.
Francisco
こ
HEAD OFFICE: LONDON: 38, Bishopsgata E.C.2.
· Sub-Agencies In London: 117/122, Leadenhall Street, E.0.5. West End Branch; 14/18, Cookspur Street, S.W.1. Manchester Branch: 52, Mosley Street, Manchester, 2.
· AMBITHAB BANGKOK BATAVIA BOMBAY
H. K. STOCK
EXCHANGE
Past history teaches us there are
Periods during the summer months
when the market becomes both dull and neglected. But its pre- sent inactivity cannot be solely attributed to seasonal intquences
At the risk of dampable iteration
It can be stated most, if not all; £3,000,000 £3,000,000 of the Local Companies continue to enjoy really prosperous trading, £8,000,000 || but until more daylight dickers
through from the presently abor tive talks in Tokyo coupled with some cessation of the movement of troops up, and" down Earope, "Capital" will remain scared and Inactive. Under all these adverse circumstances it is a matter for congratulation that price levels have held so well, Too many items are registered as "Nominal" and should they leave, their pre- sent shelter would inevitably be marked down. However, the prices at which two or three items have been moved from nominal
AGENCIES AND BRANCHES:
ALOR STAR
HARBIN
PENANG HONG KONG RANGOON ILOILO
SAIGON IPOK
БИНИМНАЯ XABACZI SHANGHAI
SINGAPORE SITIAWAN BOURABAYA TAIPING
TIANTRIN TONOKAH
CALOUTTA
XLANG
AGENCIES: YOM
CLITE STREETXUALA
FATALIA PLACK LUMPER
CANTON
CAWNFORE
CEBU
(Peking)
XCOMING
Branches:
MADRAS
Amoy
Ipoh
Bangkok
Johore
Penang Rangoon
IF
COLOMBO
MANILA
DELHI
MRDAN
Batavia
Kobe
Saigon
HAIPHONG
Bombay
Kowloon
San
Calcutta
Kuala
HAMBURO HANEOW
NEW YORK PIPING
Canton
Lumpur
Shanghai
Chefou
London
Colombo
Lyons.
Dairen..
Malacca
Singapore Sourabaya Sungei
Foochow Manila
Haiphong Muar
Hamburg
(Johor)
Patani Swatow, Tientsin
New York
Tsingtao Yokohama
Bankow Mukden Tokyo Harbin
Hongkew Peiping Iloilo
CURRENT
(Bhuket)
TRINGTAD YOKOHAMA
.FOREIGN EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or shorter periods in Losal 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 öbtainable
ACCOUNT opened in on application.
LOCAL CURRENCY and FIXED DEPOSITE
The Bank's Head Office in London. received for one year or shorter undertakes Executor and Trustee periods in Local and other Cur-basiness, 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 "Sarz DEPOSIT any of the Agencies and Branches. Box in various sizes To LET
R. A. CAMIDGE,
Hong Kong, sth June, 1939.
HONGKONG SAVINGS
BANK
Manager.
THE CHASE BANK
f
The Business of the above Bank 15, QUEEN'S ROAD, CENTRAL
is conducted by the HONGKONG
& SHANGHAI BANKING COR-
»PORATION. Rules may be obtain
ed.cn application.
HEAD OFFICE:
18, PINE STREET,
NEW YORK.
For the HONGKONG & SHANGHAI AD American Bank offering com-
BANTING CORPORATION.
V. M. GRAYBURN,
Chief Manager Hong Kong. 25th Feb., 1839.
BANK OF EAST ASIA,
*LIMITED
Authorised Capital......$10,000,000,00
Paid-Up Capital
Reserve and Undivided
Profits
5,598,600,00
2,883,932:01
Head Office-HONG KONG No. 10 Des Voeux Road, Central.
Board of Directors:
Bir Shouson Chow, Chairman
Li Keon Chun,†Zeq. Li Lan Bang, Eag. P. K. Kwok, Exq
Wong Chu Bon, Esq. Wong Tun Tong, Esq. Kan Ying Pe. Eaq. Chan Ching Bhek, Esq. Fong Ping Wah Baq,
Kan Tong Po, Esq., Chief Mazinger." Li The Fong. Liq., Manager.
ومهم
Bombay
Celestia
Halphoog
Homela Labe
Branches and Agenolaj (am
་ ་ :་ Kawicow PADNE Elugapore, London
Souraya Martia
Swatow Kalbourne San Fran. Bydney Nagsaka
in Taman New York Battle Taboogver Parl
Bemarang Shanghai
Felping
__
plate Foreign Banking Service in the principal Markets of the Interest Rates on Application.
world.
SAFE DEPOSIT BOXES
This Bank is entirely owned by TER CHASE NATIONAL BANK, NEW YORK, with Resources over U.S.$2,500,000,000.
this week can be taken as a guide, the true market basis would not be found at anything approaching an alarmingly low level.
BUSINESS DOWN DUBING THE WEEK
H.K. Bank, $13221. $1320. Bank of East Atla...$72. Union Ins. $395. China Underwriters, $14. Docks, $181, $10. Providents, $4.10.
H. & S. Hotess, $4.80. China Lights (0), $7.90. China Lights (N, $490. Dairy Farms (0), $20.
BUYERS
China Underwriters, $1. HK. Docks, $16.10.
HK. Lands 4% Debentures, par. China Lights (0), 7.80.
Canton Ices, $1.
EX. Govt. 4% Loan, w
H.K. Govt. 31% Loan 994
SELLERS
하
"
Humphreys, 58.
SALES
HK Bank, $1320.
HR. Docks, $161.
H. & S. Hotels, $4.80
China Lights (0), $7.90.
PHILIPPINE GOLD MINING
Atoks
QUOTATIONS
Friday, Aug. 11, 1939,
Antamoks
I, X. L Ipo Gold
013
FINANCE
WEEKLY RETURNS AND REPORTS
BANK OF ENGLAND
SATURDAY, AUGUST 12, 1939. -PA-
Public Deposits”.
Other Deposita?—
"
Bankers
Other Accounts Total
Other Securitiek:--
Government Securities
Discounts and Advances
Securities
3
Notes and Coina
Total
Total Bullion
Notes in circulation
Ratio of Reserve to Liabilities
London August 10 (Reuter).
July 27
Aug. 3
23.280
31,850
89.150
81,650
· 36,180-
33,830
123,750
117,580
∙119,610
114,830
8,860
3.850
21.170
21,530
28.030
21,480
28,400
35,230
747.060
247,100
800.570
521,880
17.77%
14.88%
148/8
140/6
"""
Price of Gold at Which Holdings are valued.
FEDERAL RESERVE SYSTEM
Bills Bought
U.S. Becurities held Federal Reserve Ratio Federal Reserve Credit Outstanding Monetary Gold Stock Industrial Advance .....
STERLING TOUCHES NEW LOW LEVEL
IN U.S.
New York, August 10 (Reuter).
Aug. 10 Aug. 3*
1000's omitted)
1,000
2,453,000
83,49%
2,476,000
16,248,000
1,000 2,443,000 86.50% 2,462,000 15,270,000 11,685,000
11,748,000
LONDON STOCK EXCHANGE
NEW YORK, Aug. 11 (Reuter)], LONDON, Aug, 11 (Reuter),~On "Forward" sterling touched a new the London Stock Exchange, - al- low record for this year owing to though trading was very quiet, the the uncertainties in Europe and undertone was steady, particular- seasonal pressure, although "spot" ly in the closing stages, when gilt- was steady.
edged securities rallied after being somewhat easier.
Guilders agån ädvanced on the
Coppers were unresponsive to Improved Dutch political situs the announcement of an increased tion, but the Shanghal dollar con-production quota from 85 to 105 tinued in downward drift to new low levels.
BROKERS' LOANS
.. New York, Aug. 10 (Beuter). Loan en securities to brokera in New York:-
Week-ended Ang, 3 $501,000,000
Week-ended Aug. 10 $484,000,000
per cent of basic tonnages.
J
Note Circulation
The Bank of England weekly re- turn revealed a new high record for note circulation at £621.9 mill- lions.
Among the commodities, copper was quietly steady at a small dis- count following the above an- nouncement and Wall Street was easy.
#
CONSIGNEES' NOTICES CONSIGNEES' NOTICES
MAERSK LINE
NOTICE TO CONSIGNEES
*HE MS.
"LEXA MAERSK " having arrived from New York and Ports of call Consignees of Cargo are hereby notified that their goods are 10.50being larded and placed at their rink into the Hong Kong and Kowloon Wharf & Godown Company's godowns at Kow loon, where delivery may be obtained as soon as the goods are landed,
NOTICE TO CONSIGNEES
OCEAN STEAM SHIP CO., LTD.
AND
CHINA MUTUAL STEAM NAVIGATION CO., LTD.
1ONSIGNEES per Co.'s Vessel
TANTALUS"
FROM UNITED KINGDOM VIA SINGAPORE
are hereby notified that their cargo will be discharged into Holt's Wharf Optional cargo will not be landed Bowloon, where it will lie at consignees here, unless notice has been given 48 risk and subject to terms and condi hours prior to vessel's arrival, burtions of storage at Bolt's Wharf. The carried on from port so port to the final Cargo will be reary for delivery from port of call to which the option Godown on and after 11th Aug.
Centavos.
20
THE
213
Baguio Gold"
19
Batong Bahay
Benguet Consol
Big Wedge
20
Coco Grove
211
Consol. Mines
002
Demonstrations
09
43.
18
Itogons mining
23.
Manbulac Consol. Masbates Consol, Mine" Operations North Camarines Faracale Gumaus San Mauricio
101
13
241
15
89
Surigao Consol.
22
Buyoc Consol,
14
Synicate Investment
028
43,000,000
£1,800,000
£1,050,000
21,251,770
D. M. BIGGAR,
Second Vice Pre
THE MERCANTILE" BANK OF INDIA, LIMITED
Head Ofco:-15, Gracechurch Street, London, Elca
Authorized Capital Subscribed Capital.. Paid-up Capital.. Reserva Fund and Rest,
BANKERS:
The Bank of England and Midiand
Bank, Ltd.
Kumitan
Kuala TrenggIDA Madran
BRANCHES:
Bangkok Bombay
Ipoh
Jefina
Caloutts
New York
Colomba
Kandy
Daiki Gille. Hongkong Howrsk
Karacal
Kota Bharu
Kuala Lipis
Kuala Lumpur
Shanghai Hinda Bisraporn
Rangood
HONG KONG BRANCH:
Every descripile of Banking and Exchange
transseted Inveiler Cheque inged
TRUSTEE AND EXECUTORSHIP
UNDERTAKEN
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposite re ceived for one year or shorter CURRENT ACCOUNTS ODEsed in Judes Car racy and FLIED DEPOSITS ved in Local periods in Local and Foreign Cur-Carrener, STEELING & U.B, DOLLARS on terna Tencies on terms which will be that may be ascertained on application,
D. BENSON, quoted on application.
SATE DEPOSIT BOXES TO LET.
KAN TONG PO,
Chief Manager.
Specially Chartered by
THE NATIONAL GOVERNMENT. OF CHINA 4B AN
Mssager
LONDON METALS
EXCHANGE
BANK OF CHINA ·
· INTERNATIONAL EXCHANGE
BANK
London, Aug, 10 (Reuter).
СОРРИВ
buyers
Standard, Cash 44-1/4 Standard,
3 months 44-3/8
sellers & 44-5/16
44-7/18 PAID-UP CAPITAL $40,000,000.00 Electrolytic 49-3/4. 50-3/4
(BRANCHES ALL OVER GEINA)
"
Owing to our numerous Brandkas
אוני
in China and connections in the Standard, Cash 229-7/8 230
principal Commercial Centres of Standard,
the World, we are able to extend
to our Clients special facilities for
3 months 225-1/4 225-1/2
LEAD
Domestic and Foreign Banking and Foreign, Exchange.
Head Office:---SHANGHAI
Hong Kong Branch:
4, QUEEN'S ROAD, C. South China Offices:
CANTON
"SWATOW
SHIUCHOW
KONGMOON TOISHAN KINGCHOW
We also handle the issue of Bonds and other Public Funds of the Chinese Government both at Home and Abroad.
SHOV 7. CHEN, AN
3 months 16-3/4
SPELTER
¥80
United Paracales... 41 Mindanao Motherlode *.... 087
HONGKONG
SHAREBROKERS'
ASSOCIATION
Volume of Business Trazmĉted
on Friday, Aug. 11, 1939. '..
HK. Bank HK. Ele
1 $1,320.00
es...
500
HK. DC S
T 200
54,25 16.25
China Lights (N)
20
4.90
China Lights (0) H.K. Hotels Raubs
227
7.90
1,000 900
4.80
8.40
1 X L
Mine Operation 10,000 Demonstrations... 10,000 5,000
Ps. 0.13
Pa, 0.09 Ps. 0.43
extende
Optional cargo will not be landed
No Claims will be admitted after here, unless notice has been given prior the Goods have left the Godowns, and all Goods remaining undelivered after the 16th Aug., 1980, will be subject to Bent.
All broke kudod, and damaged Goods are to be t in the Godowns, where they will be examined on 15th Ang, 1999, at 10 am, by our Surveyors Messrs. Goddard & Douglas
to "steamer's arrival but carried ou from port to port to the final fort of call to which the option extends,
A broken, chaled, and damaged goods are to be left in the Godown, where they will be examined on any Tuesday and Fridays batworn the hours of 10.46 m. and Noon within the free storage period.
To comply with the General Banded No claims will be admitted after the Warehouse Begulations consignes Goods have left the steamer's Godown, "must have a Revenge Oficer in attend- and all Goods remaining undelivered ance when damaged dutiable goods are | after the 18th Aug., will be subject to examined
rent
All claims must reach us before the 16th Sept, 1939, or they will not be
recognised.
No Insurance will be affected. Bills of Lading will be countersigned by
JEESEN & CO.,
Agents Hong Kong, 10th Aug., 1999
61
All Claims against the Steamer must be presented to the undersigned on or before the 1st Bapt., or they will not be recognised...
No Fire Insurance will be enacted.
BUTTERFIELD & SWIRE,
Agents. [61811th August, 1939.
HAMBURG-AMERIKA - LENKR
NOTICE TO CONSIGNEES,
United Paracale 5,000 Fs 0.414 THE S SAARLAND"
1,000 Ps. 0.211
Coco Grove
NEW YORK SILVER DEMAND
NEW YORK, Aug. 11 (Reuter) In connexion with the increase in the Handy Harman silver price, dealers report à demand for nearby deliveries at a price lightly above the Treasury price.
The rise is due to the fact that supplies here are depleted by the recent exports to London' of over 3,000,000 ounces. The condition is, however, regarded as tem-
porary..
DODWELL CASTLE LINE
NOTICE TO CONSIGNEES..
MV. "THURLAND CASTLE
... From U.S.A, via MANILA.
baving arrived from Hamburg, and Porte of call, Consignees of Cargo are hereby notified that their goods are being landed and placed at their risk ONSIGNEES of Cargo are hereby into the Hong Kong & Kowloon Wharf informed that all Goods are Kowloon, where delivery may be Godowns of the Hongkong and How- &Godown Company's godowns at being landed at their risk into the obtained as soon as the goods are loon Wharf & Godown Company, Ltd. landed
at Kowloon, whence and/or from the Optional cargo "will not be landed wharves delivery may be obtained, an here, unless notice has been given-48 Optional cargo will not he landed hours prior to vessel's arrival, but here, unless notice has been given 48 carried on from port to port to the hours prior to vessel's arrival, but can Ansi port of call to which the option ried on from port to port to the Ensl extends.
port of call to which the option
No claims
laims all be admitted after the extendere admitted after the Goods have left the Godowas, and all goods remaining undelivered after the 12th Aug., 193, will be subject to
rent
Goods have left the Godown, and all Goods remaining undelivered after the 12th inst, will be subject to rent All broken chafed, and damaged.
All claims against the vessel mant BANK OF FRANCE
Goods are to be left in the Godowns, be presented to the undersigned on or where they will be examined on 11th before the 19th inst. or they will Official Price 15-15/16 16
GOLD
Aug, 1930, at 10 am by our not be recognized. Foreign, Oncial
and LONDON, Aug. 10 (Reuter)The Burveyors Messrs. Goddard All broken, chafed, and damaged 20. Goods ses to be left in the Godowns Douglas, 15-13/16 returns of the Bank of France for
To comply with the General Bonded where they will be examined on the the week ending August 2 show Warehouse Regulations consignees 17th inst., at 10 am. by our surveyors gold reserves totailing 91,268,000,- must have a Revenue Officer in Messrs. Goddard de Dogging dan tandar
In the case of datiable cargo, con- 000. franca, óf gold content of 27.5 | attendance when damaged dutisble milligrammes. Indicating an in- goods are examined.ended nignces are requested to inform the All claims must reach us before the Imports & Exports Office that they crease of 5,000,000,000 francs, as 13th Sept., 1830, or they will not be have such goods for examination. compared with the preceding week. I recognized
No Fire Insgrance has been effected. The total note circulationTa
Bill of Lading will be countersigned given as 134,451,000,000 francs, showing an increase of 1,212,000,
DODWELL & CO., LTD. 000 francs, as compared with the
Agente week ending July 26,
Hong Kong, 5th Aug. 1939.
Ordinary,
Oficial Price 14-3/8 Ordinary, Official
14-1/2"-
3 months 14-5/8 14-11/18
Final Afternoon Transactions Tin, Standard, Cash, £220-7/8 value.
Tin, Standard, 3 months, £225- Manager, 3/4 paid and value,
No Insurance, will be effected
Bill of Lading will be opuntersigned by
JERSEN & CO, Hong Kong. 8h ông, 192. [607
563
PRESIDENT LINER
Sailings
FOR SAN FRANCISCO & LOS ANGELES
vis SHANGHAI, KOBE, YOKOHAMA and HONOLULU
SS * PRESIDENT TAFT »
~ 8.8. “ PRESIDENT CLEVELAND”
8.S." PRESIDENT PIERCE“. B.S. PRESIDENT COOLIDGE" 8.S." PRESIDENT TAFT -- SF. * PRESIDENT CLEVELAND "
Ang. 19th at 6,00 AM. Ang. 26th at 8:00 AM.
Sept. 9th $$ 4,00 P.M.
1+
Sept. 23rd at 9,00 AM. Oct. 7th at 8.00 A.M.
71
Oot. Slat at 8:00 AM.
AND FORTIGHTLY THERXAFTER
FOR NEW YORK & BOSTON
via SURE
8.8. "PRESIDENT VAN BUREN" Sail Aug. 17th at 19, NOON
· 3.8. * PRESIDENT HARRISON/"
Sept. 1st at in Noon
AND FORTNIGHTLY TOURZAŽIER
FOR MANILA
SS. PRESIDENT CLEVELAND " Bails Aug. 19th at 9.00 5. M.
B.S. PRESIDENT HARRISON”
AS. PRESIDENT PIERCE”
8.3. "PRESIDENT COOLIDGE
Sept. 1st at 12" Noor
Sept. 3rd at 2.00 A.M..
Sept 18th at 1.00 A.M.
AMERICAN PRESIDENT LINES
"ROUND-WORLD SERVICE»
12. PEDDER ST.
Triestina
Lloyd
TEL 28171.
FORTNIGHTLY
EXPRESS SERVICE
FAR EAST-INDIA "ITALY
Hongkong-London 23 days Hongkong-Italy 21 days
SCHEDULE OF SAILING FROM HONGKONG
TO SHANGHAI
TO MANILA, SINGAPORE, COLOMBO, BOMBAY, EGYPT & ITALY
m.v. "VICTORIA" ~
15th Aug, Į as “GIULIO CESARE” 25th Aug. "GIULIO CESARE" at Sept. 1.8. "C. BIANCAMANO" 10th Sept. # “C. BIANCAMANO" 16th Sept. 5.3. "CONTE VERDE" 22nd Sept. a. "CONTE VERDE" 29th Sept. m.v. "VICTORIA” 7th Oct. m.v. VICTORIA" 14th Oct. 4.8. "CONTE ROSSO" 29th Oct.
LLOYD TRIESTINO"
P.O. Box 148. Tel. Addrew "Lloydiano"-Telephones 2982 Passenger
38983 Freight.
HAMBURG-AMERIKA LINIE
Far Eastern Mail, Passenger & Freight Service
Through bookings to America via Europe and Europe via America, Bookings around the world. Through bookings to London
OUTWARD SAILINGS
".. "RAMSES":
*m.v. "KULMERLAND for Shanghai, Dairen, Tako,
... for Shanghai, Dairen, Y’bamƐ,
Kobe...
PARTY
Y'hama, Kobe
16th Aug
29th Aug.
10th Sept
"NORDMARK".
"... for Shanghai, Dairen, Taku,
Thama, Kabe....
HOMEWARD SAILINGS
mv., BURGENLAND" for Genos, R'dam, Hamburg... 24th Aug. "SAARLAND..for Genos, Antwerp, R'dam, B'burg 8th Sept.
* “ RAMSES”......... for Genos, B'dam, Hamburg...
17th Sept.
· * Freighter with Frasenger Asperminiodation.
For further particulars and pamago fares, etc. apply to:--
HAMBURG-AMERIKA LINIE
JEBSEN & CO., AGITS.
12, Padder Street, Tel 81205-6,
CANTON AGENTS: CARLOWITZ & CO.... Shakes Road,
MAERSK LINE
RSK
Fortnightly Express Sailings
KEELUNG, SHANGHAI mig JAPAN
LOS ANGELES, PANAMA, NEW YORK, BOSTON, PHILADELPHIA, BALTIMORE,
NORFOLK & SAVANNAH Through Be/L, are issued to Central and South America, Gulf and Caribbean, Ses Ports and West African Porta. Arrivals from 17.B.A.
Sailings to USA 11th Aug:
9th Aug.
29th Aug.
M.V. “HULDA MAERSK” M.V. “MARCHEN MÄERRK M.V. "LEXA MAERSK”
M.V. “ANNA MAERSK”
ith Ang 12th Sept.
37th Sept.
(All dates are subject to alteration without notice.) EXCELLENT ACCOMMODATION FOR PASSENGERS
AT MODERATE RATES.
For Freight and Fange please apply
JEBSEN & CO.
Canton Bhar
Ta. 10918. Swałów, Agenta GEBR ROESE
Tel. 81205–6 Tel. 1058.