HONGKONG DAILY PRESS

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital......... $50,000,000 |

INDIA, AUSTRALIA

41

AND CHINA':

Issued & Pully Paid-Up 890,000,000 Incorporated by Royal Charter, 1853

Reserve Funds:

Sterling

Paid-Up Capital £6,500,000 Reserve Fund H.K. Currency Reserve $10,000,000 Reserve Liability of Pro- Reserve Liability of

prietors

Proprietors

$20,000,000

Head Office:-HONG KONG

Board of Directora:

·A. L. Shields, EL

W. H. Lock, Esq.,

Chairman.

Deputy Chairman.

Hon. Mr. J. K. Bousfeld,

A. E. Compton, Esq.,

Hon. Mr. B. H. Dodwell,

D. F. Landale, Esq.,

G. Miskin, Esq.,

K. S. Morrison, Esq.,

Hon. Mr. T. E. Pearce,

H. V. Wilkinson, Esq.

Sir Vandaleur M. Grayburn,

Chief Manager.

Bangkok Johore Rangoon

Canton Lumpur Shanghai

..

FINANCE

PROTECTION Stock Exchange Reflects. FOR BUMPER Political Situation: Early

Marking Down Of Prices

CROPS

GENERALISSIMO'S ORDERS

.

LONDON, Aug. 23 (Router)--On the London Stock Exchange, 'after an early marking down owing to the surprise German- Soviet Pact, prices later rallied under the lead of internationals,

The latest political developments have resulted fï fair activity. on the foreign exchanges, where the main tendency was to offer continental currencies for dollars, thus exercising an indirect pressure on sterling, which was counteracted by the Exchange. Equalization Account.

£3,000,000 CHUNGKING, Aug. 22 (Central) £3,000,000. | —Generalissimo · Chiang Kai-shek to-day wired to Dr. H. H, Kuns, £3,000,000 President of the Executive Tuan,

· HEAD OFFICE: LONDON:

instructing that special efforts should be "made" to protect the 38, Bishopsgate E.0.2.

Commodities were quiet apart Sub-Agencies In London:

bumper crops harvested in Sze from wheat, and sugar, which ad- -117/122, Leadenhall Street, R0.3-

chwan this year.

vanced on buying engendered by West End Branch:

Generalissimo Chiang expressed | the international situation. 14/18, Cockapur Street, 8.W.1.

satisfaction over the good crops. Manchester Branch:

reported over the whole province bat pointed out that special 'at- bention must be paid to two special 'conditions' arising out of this abundance. First, the

ALOR STAR

52, Mosley Street, Manchester, 2. AGENCIES AND BRANCHES:

HARBIN

PENANG HONG KONG BANGOON ILOILO

BAIGON IPOR

SEREMBAN SHANGHAI SINGAPORE SITIAWAN BOURABAYA TAIPING TIENTSIN

AMBITRAR

BANGKOK

BATAVIA!

BOMBAY

KARACHI

DALOUTTA

KLANG

AGENCIES: KORI

CLAVE STEET KUALA FAIBLIA PLACE

CANTON

CAWNPORE

LUMPUR

KUCHING

* MADRAS

Amoy

Branches: Ipoh

TONGKAR

Penang

Batavia

Kobe

Bombay Kowloon

Saigon San

Calcutta

Kuaia

Francisco

CIBU

COLUMBO DELFI HAIPHONG HAMBURG HANKOW

MANILA MECAN NEW YORK PEIPING

(Bhuket) TSINGTAO FOKOHAMA

London

Lyons

Singapore Sourabaya

Dairen Malacca

Sunxei

Haiphong Muar

Swntow

Tientsia

Tsingtao

Chefoo

Colombo

Foochow Manila

Famburg Johore)

Patani

11

Hankow Mukden Tokyo Harbin, New York Hongkow Peiping Yokohama IToile

(Peking)

FOREIGN EXCHANGE and General Banking Business transacted

CURRENT ACCOUNTS opened and FIXED DEPOSITS 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 Fizzi DEPOSITS The Bank's Head Office in London received for one year or shorter undertakes Executor and Trustee periods in Local and other Cur-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 SAFE DEPOSIT any of the Agencies and Branches. Boxta in various sizes To Lar

R. A. CAMIDGE, Hong Kong, 5th June, 1930.

HONGKONG SAVINGS

BANK

Manager.

"THE CHASE BANK

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 on application.

For the HoxOKONG & SHANGHAI BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong, 25th Feb., 1930.

BANK OF EAST ASIA, LIMITED

Authorised Capital.....830,000,000.00

Paid-Up Capital ...

Reserve and Undivided

Profits

5,509,800,00

2,883,832.01.

Head Office:-HONG KONG

No. 10 Des Voeux Road, Central

Board of Directors:

Bir Ebouson Chow, Chairman

Li Koon Chun, Ex

P. K. Kwok. Eng...

Wang Tun Tong, Ean. Chan Ching Black, Esq.

Li Lan Bang, Eng. Wong Chu Son, “Esq. Kan Ying Po..Eag Fung Ping Wat Esq.

Kan Tong Po, Esq., Chint Manager. Li Tee Fong, Esq., Manager,

Branches and Agencies tom

Kowloon

Mazlla. Kelbourne

Amoy Batatin

Loodos

Bombay

Calmatica Halphong Hantow

Hosalin Kabe

New York

Paric

Papier

Singapore

Fetare Rangoon Bourabays

Bww.bow

San Fran Bylany

soo Mentais. - Baattia Semarang Shanghai

HEAD OFFICE:...

13, 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 CHASE NATIONAL BANX, NEW YORK, with Resources over U.S.$2,500,000,000.

D. M. BIGGAR,

Second Vice Pres

PROGRESS IN TIN RESEARCH

When the International Tin Research and Development Council was established in 1932, offices were taken in the Strand, London, W.C.2, for the start concerned in research. and development, while an office for the statisties staff was opened Every description of Banking and at The Hague, Holland. At that Exchange business transacted. Loans time all researches were placed granted on approved securities.

with f

universities and. sipilar Current Accounts opened in Local bodies and the Council possessed Currency and Fixed Deposits reno laboratory. ceived for one year or shorter periods in Local and Foreign Cur- Finally, last year, it was decided rencies on terms which will be quoted on application.

SAFE DEPOSIT Boxes To LET.

KAN TONG PO,

Chief Manager

BANK OF CHINA

Specially Chartered by.. THE NATIONAL GOVERNMENT OF CHINA AB AN INTERNATIONAL EXCHANGE

price of

Wall Street was easy and then

armer.

MONEY MARKET

Rice Riots In Shanghai

CHUNGKING, Aug. 22 (Central) -Despatches from Shanghai state that rice riots in "Shanghai, es- In common with the Stock Ex-pecially in the native city quar- various grains has shown a down-change, other sections of the city tems, have assumed serious propar- ward trend because of the bumper express the opinion that the latest tions as no immediate prospect of crops, and second, the rising la-developments in the Internationala substantial drop in the price of bour cost is forcing many poorer situation call for a calm reconst- this staple food was in sight."

deration. farmers to leave their crops on

On August 20. no less than 17. the field unharvested for lack of

The traditional calm was, now-ricts occurred in various parts of assistance,

ever, not fully shared by certain the city.

The Shanghai Municipal Coun- Continental centres, which was re- Troops To Assist

flected in both the Foreign ex-ell, in the meantime, are consult- Regarding

the

second point. I changes and the gold markets, ing with the Japanese authorities .Generalissimo Chiang said he has

for their assistance in facilitating The recent rather heavy de- the shipment of rice to Shanghai." ordered all his troops to assist wherever possible in the harvest mand for dollars from the Con- Some satisfactory results are said

tinent was accentuated yesterday to have been reached.

ing of crops.

·

As regards the first point, Gen-morning. but the British Exchange Fund kept a firm grip on the that eralissimo Chiang directed

sterling-dollar rate at 4.6812. Im- the Executive Yuan should mediately devise means, in con- sultation with the Szechwan Pro- vincial Government, to maintain the price of grains at a suitable' level. This may be attained by the Four Government Banks and the Farmers Credit Bureau in mapping out a comprehensive scheme for the purchase of crops. The Generalissimo concluded by ordering that every financial and other assistance must be extended to the farmers.

II. K. STOCK EXCHANGE

Being a half day the market de- cided to maintain the quietness of the previous day.

SALES

China Lights (N), $4.40. KK Electrics, $53.

Antamoks

Batong Buhay

I. X. L.

|

al

In accordance with government- instructions, the Kwangtang Provincial Banks undertaking the supply and distribution of salt In north Kwangtung where there The International Archaeological is a shortage. The Bank is plan- Congress, attended by delegates of ning to store up a supply of salt 34 nations, was opened in Berlin sufficient for three months' con- yesterday by the Reich Minister of sumption in that part of the pro- Education. "The Rector of Berlin vince and to distribute 17,000 University, Professor Will Hoppe, pleuls to various districts monthly. welcomed" the foreign visitors on To relieve the acute shortage now whose behalf the Frenchman, prevailing in Linhsten, Lokchong Professor Eugene Albertini, and and Kukong 3,000 piçuls will be the

Italian, Professor "Roberto sent to each district to be sold at Paribent, replied.--(T.O.).

$38 per picul

CONSIGNEES' NOTICES BARBER-WILHELMSEN LINE

SILVER LINE.

NOTICE TO CONSIGNEES

FROM

NOTICE TO CONSIGNEES.

M.V. "TAI PING YANG · From U.S.A. vis P.I. PORTS.

of

NEW YORK, FRANCISCO. CONSIGNEES Of Cargo are hereby

Motor Vessel

THE SILVERLAUREL”

having arrived from the above Ports on 18th instant, Consignees of Cargo art

being landed at their risk into the Godowns of the Hongkong and Kow. loon Wharf & Godown Company, Ltd. at Kowloon, whence and/or from the. wharves delivery may be obtained.

Optional cargo will not be landed here, unless notice has been given 48 012 kerehy informed that their Goods are hours prior to vessel's arrival, but car- being landed at their risk into the Goried on from port to port to the final downs of the Hong Kong and Kowloon Whari and Godown Company, Limited, part of call to which the option Kowloon, and stored at Consignees risk No claim will be admitted after the and expense,

Goods have left the Godown, and all. Goods remaining undelivered after the 25th inst., will be subject to rent.

PHILIPPINE GOLD MINING QUOTATIONS

Atoks

174

181

Baguio Gold

171

Benguet Consol.

10.10

Beg Wedge

18

Coco Grove Consol, Mines Demonstration

181

.0015

08

Itogons Mining

234 20

Manbulao Consolidated 051

Manbates Consolidated

091

Mindanao Motherlode

071

Mine Operation

North Camarines

12 18

Paracale Gummaus..... 14

San Mauricio

80

Surigao Consolidated

20

Suyoc Consolidated

13

Syndicate Investment ...

United Paracale

028 341

HONGKONG

SHAREBROKERS:

ASSOCIATION

Volume of Business Traagvoted

on Wednesday, August 23, 1939, ** HK, Electrics

80. $64.00

to bring together, in one bulld-china Lights (0) ing, the laboratory and adminis china Lights (N) trative staffs. A site was chosen in

China Lights (0) Fraser-road Greenford, Middlesex, Antamoks and a building erected to house the offices and laboratories. It 18 stated, in the Council's report for 1938. that the offices are already occupied.

The report shows that the number of request for informa tion and assistance, received during the year, was larger than ever before. Many of the inquiries

." dealt.

in the PAID-UP CAPITAL $40,000,000.00 were

(BRANCHES ALL OVER CHINA) -- |Council's laboratories and some of Owing to our numerous Branches them have opened up new avenues

BANK

in China and connections in the of research; 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;

CANTON KONGMOON SWATOW SHINCHOW

TOISHAN KINGCHOWS

with

Corrosion Resistance Researches on the porosity of tin coatings have been actively continued and this matter has formed the subject of a number of useful publications issued during the year. Attempts have been made to

the strengthen

corrosion resistance of tin-plate by coating It with a thin, invisible oxide film. Hot-tinning has been the subject

We also handle the issue of Bonds of many inquiries, as also has and other Public Funds of the electro-tinning. In view of the Chinese Government both at Home success, under industrial condit and Abroad.

All broken, chafed, and damaged Goods are to be left in the Godowns, where they will be examined on Thur-day,

·S4ch instant, at 10 ami

All Claims must be presented within 15 Ways of the vessel's arrival here, after which date they cannot be ro cognized.

No Claims will be admitted after the Goods have left the Godowns, and all -Goods remaining undelivered after the 35th inst, 1939, will be subject to Rant

by

No Fire Insurance has been effected, Bills of Lading will be countersigned

FURNESS (PAR EAST), LTD.

2nd Floor, Hongkong & Shanghai Baak Building Dala 93185 & 23189. Hong Kong, 17th Aug., 1959,

RICKMERS LINER

NOTICE TO CONSIGNEES

100 7.60

HE

HE 8.9.

200 450

644 7.50 1,090 Ps. 0,184

PHILIPPINE GOLD MINING QUOTATIONS

Bagulo Gold Batong Buhay

[635

extends.

All claims against the vessel must be presented to the undersigned on or before the 31st inst. or they will not be recognized.

All broken, chafed, and damaged Goode are to be left in the Godowns where they will be examined on the 4th inst, at 10a.m. by our surveyors Messrs. Goddard & Douglas,

In the case of dutiable cargo, con- signees are requested to inform the Imports & Exports Office, that they have such goods for examination.

by

No Fire lararance has been effected. Bill of Lading will be countersigned

DODWELL & CO., LTD.

Agents. Hong Kong, 18th Aug, 1839

[es

HAMBURG-AMERIKA. LINIK

NOTICE TO CONSIGNEES:

THE M.S

"R. C. RICKMERS"

"RAMSES" having arrived from Hamburg and having arrived from Hamparg and | Ports of call; Consignees of Cargo are Ports of call, Consignees of Cargo are hereby notified that their goods are hereby notified that their goods are being landed and placed at their risk being landed and placed at their risk into the Bong Kong & Kowloon into the Hong Kong & Kowloon Wharf Wharf & Godown Company's godowns & Godown Company's godownA" AU st. Kowloon, where delivery may be Kowloon, where delivery may be obtained as shon as the goods are obtained as soon the goods are landed.

Mulinizded

الله

Optional cargo will not be Landed Optional cargo will not be landed here, unless notion has been given 48 here, unless notice has been given 48 12 hours prior to vessel's arrival, but hours prior to vessol's arrival, but 10.00 carried on from port to port to the carried on from port to port to the

final port of call to which the option final port of 18"

to which the option extends.

jextends, dan da 18

No claibu will be admitted after the No claims will be admitted after the 0015 Goods have left the Godowns, and all Goods have left the Godowns, and all goods remaining undelivered after the goods remaining undelivered after the 28th Aug, 1939. will be subject to Lath Aug, 1939, will be subject to rent.

Wednesday, August 23, 1939. Atoks

17

Antamoks

18

161

Benguet Consolidated/ Big Wedge

Coco Grove

Consol Mines

Demonstration IX. L

08

Itogons Mining

38b; 19

Manbulag Consolidated

054

Masbates Consolidated Mine Operations

091

11.

North Camarines

18

Parscale: Cummaus San Mauricio.

144

80

Surigao Consolidated Buroe Consolidated Syndicate Investment United Paracales Mindanao"Motherlode

028

331

2013

tions of the latter method of instructions on electro-tinning has SHOU J. CHEN, depositing coatings of any desired been issued for the

"Munager: thickness, a booklet of working users of tin-lined equipment.

rent

All broken, chafed, and damaged All broken chaied, and damaged

THURSDAY AUGUST 24, 1939 -PAGE 13

PRESIDENT LINER

Sailings

*

SUSAN FRANCISCO & LOS ANGELES

FOR

via SHANGHAI, KORE, YOKOHAMA and HONOLULU, 16.8. "RESIDENT CLEVELAND" Sails Aug. 28th at 19 Nbar

8.8. PRESIDENT PIERCE

Sept. 9th at 400 F.T

BB. "PRESIDENT COOLIDGE * *S.S. "PRESIDENT TAFT »

"

Sept. 23rd at 9.00 AM.

Oct. 7th at 8,00ʻAM,

п

18.8. "PRESIDENT CLEVELAND " *88. "PRESIDENT PIEROE"

.*OMITS, SHANGHAI,

11

Oct: Tist' at 809·A:M.

21

Nov. 4th at 800 A.M.

OMITS TOKOHAMA

AND FORTNIGHTLY THEREAFTER

FOR NEW YORK & BOSTON

via BULE

S.S. PRESIDENT HARRISON " Sails Sept. 1st at 19 Noos §8. "PRESIDENT HAYES”

AS.

Sept. 14th at 19 Nook

AND FORTNIGHTLY THEREAFTER

MANILA

FOR

PRESIDENT HARRISON " "&S. "PRESIDENT PIERCE"

8.S. "PRESIDENT COOLIDGE" SS. "PRESIDENT POLE"

Sails Sept. 1st at. 12 NooN

"1

Sept. 3rd at 200 AM. Sept. 16th at 1.00 AM.

Sept 19th at 19-Noor-

AMERICAN PRESIDENT LINĖS

"ROUND-WORLD SERVICE

12, PEDDER ST.

Triestina

floyd

1!

TEL. 28171.

FORTNIGHTLY

EXPRESS SERVICE

FAR EAST-INDIA-ITALY

Hongkong-London 23 days Hongkong-Italy 91 days

SCHEDULE OF SAILING FROM HONGKONG

TO MANILA. SINGAPORE, COLOMBO, BOMBAY, EGYPT * ITALY

6.8. "GIULIO CESARE" 1st Sept. "C. BIANCAMANO” 18th Sept.

TO SHANGHAI

as. "GIULIO CESARE” 25th Ang. 8.8. "C. BIANCAMANO” 10th Sept.

1 "CONTE VERDE" 29th Sept. &.&. "CONTE VERDE". 22nd Sept."

14th Oct.

7th Oct: m.v. "VICTORIA"

m.r. "VICTORIA" 5th Nov. 8.a. "CONTE ROSSO" 29th Oct.

8.5.

"CONTE ROSSO"

LLOYD TRIESTINO

P.O. Box 143. Tel. Addres “Lloydiano-Telephones 32982 Passenger

32983 Freight

HAMBURG-AMERIKA LINIE

it

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 * mv. "KULMERLAND"...for Shanghai, Dairen, Tako,

Y'hama, Kobe...

......28th Aug.

8. "NORDMARK for Shanghai, Dairen, Taku,

Y'hama, Kobe.......... *m.v. "DUISBURG.......for Shanghai, Dairen, Taku,

*T.

10th Sept.

reth Fapti

HOMEWARD SAILINGS. BURGENLAND" for Genca, B'dam, Hamburg... 3rd Sept. 3.4. "SAARLAND"..for Ganos, Antwerp, B'das, Buy 8th Sept 'my. "RAMSES”............. for Gemon, "B'dam, Hamburg 17th Sept. *Freighter with Fassenger Accommodation.

For further particulars and passage fares, etc. apply to :---

HAMBURG-AMERIKA LINIE

JEBBEN & CO., Assers.

12, Pedder Street, Tel: 31205-6.

CANTON AGENTS: CARLOWITZ & CO., Shakee Bond:

Goods are to be left in the Godowns Goods are to be left in the Godovas CHINA

Goddard and

where they will be examined on 28th where they will be examined on 28th Aug, 1939, at 10 am by our Sur Aug, 1939, at 10 sm by veyors Messrs. Goddard and Douglas. Surveyors Meas

To comply with the General Bonded Douglas. Warehouse Regulations consignees To comply with the General Bonded must have a Revenue Officer in Warehouse Regulations consignee attendance when damaged dutiable must have a Revenue Officer in goods are examined.

attendance when damaged dutiable

All claims must reach us before the goods are examined.

8th Sept 1839/ or they will not be All claims must reach us before the dad 28th Sept. 1889, or they will not be recognized

No Insurance will be effescent."

recognized.

* Bille of Lading will be countersigned

by

JEBSEN

of Hong Kong, 2 nd Aug, 1935.-

No Insurance will be effected Bills of Lading will be counterngs JEBSEN & CO

(425 Hong Kong, 31st Ang., 1989,

1887

JAP

VISIT BALI AND JAVA

Favourable Month To Travel

AUGUST

Special Excursion Fares On Application SAILINGS

TO MANILA, BALI, MAKASSAR

AND SOBRABAIA

U.S. “TJITJALENCKA' 29th Aug. TO BATAVIA (DIRECTE

TJISADANE 12th Sept.

TO AMOY & SHANGHAI- 8. “TJISADANE” In Sept.

Freight & PACELE JAVA-CHINA-JAPÄN | LIJN NTS

JAVA-CHINA-JAPAN LINE LTDA.

(Incorporated in" the Netherlandć). Macao Agents

HS NOLASCO DA SILVAA

MODERN

UN EXPRESS SERVICE

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