1938-03-22 — Page 17

THE CHINA MAIL, MARCH 22, 1938.

INSURANCE

ON SHIPS

UP -15 PER CENT

MOTOR COASTER LAUNCHED

The number of vessels built re- Insurance rates on ships plying cently by local thighs Chinese rivers and coastal waters, order of the Burns Phip Co. was and their cargoes, are up about 15 further augmented yesterday, when per cent, says the "China Press.”

the Taikoo Dockyard and Eng. Co.

RANKS

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

Inscrpcested by: Boyal - Chartas, 1958. HEAD OFFICE: LONDON..

38. Bishopsgate, E. C. 2.

Reserve Fund. "Reservé Liability of Proprie

*tors

Manchester Branch,

|_ BANKS

HOME ION

BA

Issued as Reserve

Sterling

£3,000,000

Hong Kong Currency.

$8,000,000

£3,000,000

serve

Reserve Liability of Proprie,

tors

000,000.

71, Mosley Street, Mancheste

Agencies and Brancher:

Alor Star Amritsar Bangkok Bataris Bombay Calcutta Caton Cavapors

Hello

Kangoom

Ipok

Saigon

Klang

Samtrang Seremban

Σούν

Kuala Lumpur

Kuching

Madzaa

Mamil

Sitiawan Sourabaya Taping

Colombo Dolhi

Madan.

How York

Paiping

(Banicat)

(Peking)

Taingiso

Penang

Yokohama Zamboanga...

Cabu

In the case of former, Chinese Ltd. launched the single screw Paid-up. Capital vessels now flying the Panamanian, motor vessel "Lakatoi”. The nam Greek, Italian, or other fags, the ing ceremony was carried out by vessel is usually granted insurance Miss Moira Corrighan, the daugh- coverage without any special restricter of Mr. A.. Corrighan, the Own- tion due to the change of registry. ers Superintendent, under whose One Shanghai authority on marine supervision the "Lakator" was con- insurance estimated that Lloyds structed. continue to underwrite the same The vessel, which is classed per cent of the total insurance writ 100.A.I at Lloyds and complies with ten here as before the beginning of the latest Board of Trade require-| the hostilities.

ments, has the following principle Ordinary coverage of cargoes. in dimensions; length B.P. 130—0”, transit ceases immediately the car- breadth 26'-0" and depth moulded, go is free of the ship's tackle. In 10-3", with a designed load draft the case of cargo landed north of of 8"-9", and is of the single deck Soochow Greek, many Shanghai con-type with monkey forecastle. The signees are buying insurance against boat and navigating – bridge decks damage and pilferage covering the are arranged at the after end. cargo until it is landed on the Settle- There is accommodation for 12 ment Bund. Rates-vary from one-persons in two-berth cabins of am- eighth of one per cent to five cents ple dimensions, also a large lounge. per $100 for this insurance.

and dining saloon with seating ac- CARGO IN HONG KONG commodation for 22 persons at the A pressing problem to local in-forward end of the boat deck run- surance men and consignees is the ning across the full breadth of the 17,000 tons of cargo originally de- ship. stined for Shanghai and now lying

·

Haiphong Hamburg Hankow

Hoar Karn

Forsiga Bzonkage and General Banking business transa tad...

Currant - Accounta: openad.. and. Fixed Deposita ressired for cow, yasz (or) shorine-periode, at rades which will be cooked on application.

HEAD OFFICE HONO

BOARD OF DIRECTORS, T. E. Pearce, Esq.

Chaksuam

Hon Mr. J... Paterson,

Deputy Chairma

7. Bonsaid, Esq.,

...E. Compton, Eaq.... Eon. Mr. S. H. Dodwell, Hon MEM Te Johnson,

ΑΜΟΥ

TR. Masson, Fag.. G. Miskin, Esq..

S. Morrison, Baq.. A. L. Shialda, Pag-

Sir Vandeleur M. GrayburD.

Chief Managez-

BANGKOK BATAYTA BOMBAY... CALCIPTA CANTON

CERROO COLOMBO

C

The Bank's Head Offor in London undertakes Executor and Tracies business, and claims recovery of British Income- Tar- overpaid, terms” which may be- ascselminað: să-ačky of-its àgeszisz, and “Branchez.

R. W ROBERTS,

Manager.

Hong Kong, 1st January, 1936

Profits

FOOCHOW HAIPHONG HAMBURG HANKOW HARRIN HONGKEW ILOILO IPOB JOHORE

KOBE

BRANCHES--

HOWLOON

KUALA LU FUR

LONDON LYONS MALACCA MANILA NUAR (Jobs) MUKDEN SEER YORK

GON SAN FRANCISCO SHANGHAI SINGAPORE SOURABAYA SUNGII PATIEN SWATOW

SVETLERİN

TOKYO

TSINGTO

YOKOHAMA

Current Aucenta, opened in-Incal

$10,000,000.00 and Fixed Deposita faccived for one year or $ 5,598,600.00 shorter perioda in Local and other

on termi which will be? quoted on application...

ALSO up to date SAFE DSPOSE BOXES in Tacions is TO TRUE,

The main machinery of the "La-THE BANK OF EAST ASIA, LTD. at Hong Kong, Singapore, Manila, kator comprises a single acting, and the Japanese ports of Dairen, two-stroke cycle, four cylinder Die-Authorised Capital .. Kobe, and Yokohama.

sel engine which has been built Paid-up Capital An insurance man recently re-at the Taikoo Dockyard, under the Reserve and Undivided turned from a tour of these ports license of Messrs. Sulzer Bros. Ltd. said that he found the stowage of of Winterthur, and is rated to de Shanghai cargo in Hong Kong par-velop 400 BHP. at 300 RPM. The ticularly bad, Considerable cargo vessel will have a loaded remains strewn along the water-speed of 10% krots. front and docks.

At Marila stowage conditions ap- pear better though cargo is piled high and it is difficult and expen- sive to get at particular consign- ments. Stowage in Singapore is on the whole good..

-

im

of

In the case of the large shipments of Shanghai-bound cargo now the Japanese ports conditions stowage are satisfactory. Consig- nees, however, are faced with the refusal of the Japanese Government to permit the movement of the cargo to China. Local disposal of the of the cargo in Japan is also pro- hibited, it is understood: The con- signee has no alternative but to con- tinue to pay storage charges order the cargo shipped to some neu- tral port.

LIBERTY BOND SALES IN HONG KONG

OF

There will be a very pleasant func- tion in the library of the Chinese Chamber of Commerce at 2.30 this afternoon when prizes and souvenirs will be presented to the many Chin- ese marchants who have assisted in the sale of Liberty Bonds in Hong Kong during the early part of lan month. The figure realised, we un- derstand, is over $110,000.

mean

LOCAL SHARES

Following is the list of changes and enquiries in local share quotations this morning:

BANKS

Hong Kong Bank $1505/10 sa.- Bank of East Asia $80 5.

INSURANCES

China Underwriters $2 b., $1.95/-

2.05 sa

SHIPPING

Donzinses $67 Đi

DOCKS, WHARVES, GODOWNS.

ETC.

H. K and K Wharves $1321⁄2/33 sa. H. K and W: Docks $334 by $33/-

331⁄2 sa.

Providents (Old) $3.45/524 sa.

MINING

Atamoks Ps. 52 sa.

Atoks Ps 25 TL - Baguio, Gold. Ps. 20. sz. Benguent Consol. Ps. 9.50 sz. Coca Grove Ps. 53 sa Consolidated Mines Ps. „011 sa.. Demonstrations Ps. 354 sa. LX LPs. 70 st Paracale Gumans Ps. 201⁄2 sa. San Mauricio Ps. 49 SE Sayoe Consol. Ps. 17 sa. United Paracales Ps. 41 sa

LANDS, HOTELS & BLDGS. EL K. and S. Hotels $6.65 sa. H. K. Lands $36- sa**** H. K. Lands 4% Debentures 100% Chinese. Estates: $95 b.

PUBLIC ETILITES

H. K. Tramways $15.10 b., $15 sa. Peak Trams; (Old) §7 b. Star Ferries $84 b.

H K Electrics $582 b., 3584/4

Sa

Sandakan Lights #141⁄2 b. INDUSTRIALS. Cements $174 b., $175.

STORES, &C.

Dairy Farms $24.90 b.. 324/25 sa Sinceres $220 125

MISCELLANEOUS. Constructions $134 b... Vibro Piling of s

Wallace Harpers $8 sa.

- Marsmans Inv. (HKG) s/- 3/10 2.

Mr. Lau King-tsing, the well- known Chinese merchant, was the most successful of the sellers, his| sales totalling $24,250. For this he will be awarded a silver shield in- scribed with a. Liberty Bond Mr. Lan also won the prize for the high- est sales during each day of the have put in. The prizes were don- campaign and for this he will re-ated by Mr. Li Sing-kui, chairman ceive a scroll with four Chinese char- of the Chinese Chamber of Com- acters in acknowledgment of his merce, Mr. J. M. Wong, Mr. Kwok, "untiring efforts on behalf of the na Chun and Mr. Tung Chung-wel -- tion."

Mr. Li Sing-kui will give away Over 200. Chinese ~ merchants, the awards to-day and it is expected divided into 26 -groups and two that the function will be attended special groups, took part in the by most of the Colony's leading campaign and each one will receive Chinese businessmen and others in- a small souvenir for the work they terested in the campaign.

[$ 2,776,726.76

HEAD OFFICE-HONG KON 26, Des Tax Bond. Central.

BOARD OF DIRECTORS:- Hon. Sir Shou-son Chow, Chairman: Li Koon Ciran, Esq. P. I. Kwok Esq... Wong Yon Tong, E. Chan Ching Shak. Esq., Zi. Lan

Sang, Faq Wong Cha Son, Esq., Kan Ying Fo. Esq. and Fung Fing Wah, Esq.

Ken Tuor Po, Esq., Chief Managet. Là In Kort Bàn là BRANCHES AND AGENCIES:---

Asocy Batavia

Magda

Seattle *

Babay Calmatta Canton Haiphong Bankow Hagoinin

Melbourne

New York

Samar

Shanghai

Singapoes

Paris

Taiping

Sourabaya Estow Spiner

Penang

Kobe

Bangoon

Kowloon

Saignt

Tokyo

London

San FrancisoL. "

Yokohama

Hong Kong, 28th February, 1953.

HONG KONG SAVINGS BANK

The Business of the above Bankr la noninciad by the HONG-KONG AND SHANGHAI BATT ING CORPORATION. Bules may be obtained on application...

FOR THE HONG KONG "AND" SHANGHAI BANKING CORPORATION.

V. L. GEAYBURK,'-

Chint Manager. Hong Kong, 1st March, 1987.

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1880

Every deerription of Banking and Exchases Capital (fully paid-up) Yen.100,000,000

karinans – Kezzansted.

Loins granted on approved Reserve Fund

Comment. Acceanis opened in Tool Cumancy and Fixed Deposite · Tiesčvad for Soon" "YEST aborter periods in Loen?" and "Fersi

oc bazzas which will be cracked) on.

Sala Deposit Beras To Int.

KAN JUEGPO,

Currencias

Chill Manage

THE WING ON BANK, LTD.

Yen 135,900,000 Head Office: TOKOHAMA

Branches and

Alexandria

|Bangkok

Batavia Berlin

Bombay

Calcutta

Canton

Daïren (Dairy}

Mon Nagasaki

Nagoya

New York Osaka

Otazu

Fazis

Peking

Fenghien (Mukden) Rangoon

Hamburg

Hankow

Harbin

~~Head Office: Hong Kong. 26, Des Voer Road, Central Authorised Capital - $10,000,000 LONDON BANKERS:--- Westminster Bank Ltd Foreign Exchange and every des- cription of banking business transacted. Esinking

Karachi Current Accounts and Savinga-Ac-

Kome

Rio de Janeiro

Sexttle

Shanghai

Ban Fran

Hong Kong Hónalalu

Semarang

Singapore

Souzabaya

Sydney

Los Angeles

counts opened. Fixed Deposits re- London ceived at rates which will be quoted on application.

Trusteeship & Executorship under-

fe Deposit Boxes for; hire""'.

PHILIP GOCKCHIN,

Chief Manager

THIS BOOK SOLVES A KNOTTY PROBLEM The "KNOT" there'

problem.

KELLY'S DIRECTORY

-Merchants, Manufacturers and Shippers of the World

Obtainable from Millington Limited

Interest allowed for Current counts.

Deposits received for fixed

zates to be obtained-on

Y

Hong Kong, 10th March, 1998

SHANGHAI COMMERCIAL

SAVINGS BANK LTD

(Incorporated i

Capital paid-up Reservés 2. Capital Savings De Reserve Savings

Hend