1938-12-27 — Page 13

HONGKONG DAILY PRESS

BANKS

HONGKONG AND

SHANGHAI BANKING

CORPORATION

Authorized Capital ..$30,000,000

THE CHARTERED BANK OF INDIA, AUSTRALIA" & CHINA

lasued Fully Paid-Up $20,000,000; Incorporated by Royal Charter, 1855

Reserve Funds:

Starling.

H.K. Currency Reserve $10,000,000 Reserve Liability of

Proprietors

H. K

STOCK EXCHANGE

Market ruled very quiet.

Buyers

Hongkong Bank, $1385. Douglases, $62. ·

HK & K. Wharves, $115. HK. Docks (Qld), $181. H.K. Docks (New), $17. Providents (Old), $8.35. Providents (New), $6.15. H.K. Lands, $38.

1

£6,500,000

HEAD OFFICE: LONDON: 38, Bishopsgate E:C.2.

HK. Renities, $5.

...........820,000.000| Pald-up Capital

Reserve Fund Reserve Liability of Pro-

prietors....

£3,000,000

£3,000,000

H.K. Tramways, $177 Watsons, $7.45.

£3,000,000

Head Office:--HONG KONG-

Bourd of Directors. T. E. Pearce, Esq., Chairman.

Hon. Mr. J. J. Paterson,

Deputy Chairman.

J. K. Bousfeld, Esq.,

A. H. Compton, Esq..

Hon. Mr. N. R. Detweil,

K. S. Morrison, Esq.,

Hon. Mr. A. L. Shields,

W. H. Lock, Ex..

G. Miskin, Esq..

B. V. Wilkinson, · Esq.,

Sir Vandeleur M. Grayburn,

Chief Manager.

Branches:

Amey

Ipoh

Penang

Bangkok

Johore

Rangoon

Batavis

Kobe

Saigon

Bombay

Kowloon

Calcutta

Kuala

Canton

SAB

Francisco Lampur Shanghai London

Singapore

Chefoo Colombo Lyons Sourabaya Dairen Malacca Sungei Foochow Manila Patani Haiphong Huar Swałow Hamburg

(Johors) Tientsin

Hankow Mukden Tokyo Barbin New York Tsingtao. Hongkew Boilo..

Peiping Yokohama

..............

Current Accounts opened In Local Currency and Fixed Deposits

received for one year or shorter periods in Local and other Cur- rencies on terms which will be quoted on application.

MANCHESTER BRANCH: 71. Mosley. Street, Manchester

BANGKOK

BATAVIA BOMBAY

BANGOON SAIGON SEREMBAN BELANG HAL SINGAPORE SITIAWAN BOURABAYA

AGENCIES AND BRANCHES: ALOR STAR HONG KONG PINANG AMRITSAR

ILOILO

IPOK KARACHI KLANG

CALCUTTA KOBE CANTON CAWNTORE CERC COLOMBO DELUI

KUALA

HAIPHONG

RAMBENO HANKOW HARBIN

LUMPUR

KUCHING HADRAS MANILA

MEDAN NEW YORK PEIPING

די

(Peking)

TAIPING

TIENTSIN

TONGĦAX

"(Bhuket)

TRINGTAD TOXOHAMA

=

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 on application.

The Bank's Head Office in London undertakes Executor and Trustee business, and claims re- covery of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.

R. A. CAMIDGE,

Also up to date Safe Deposit | → Boxes in various sizes To Let

Hong Kong, 7th October, 1938.

HONGKONG SAVINGS

BANK

The Business of the above Book

is conducted by the HƠNG KONG

Manager.

THE CHASE BANK:

"15. QUEEN'S ROAD CENTRAL

HEAD OFFICE:

IA, PINE STREET,

NEW YORK.

& SHANGHAI DANKING CON- An American Bank offering com

PORATION. Bules may be ob

tained on application.

For the HONG KONG & SHANG3 BANKING CORPORATION,

V. M. Grayburn.

Chief Manager. Hong Kong, 7th October, 1938.

BANK OF EAST ASIA, LIMITED.

Authorised Capital ....$10 000,004.001 Paid-up Capital

3,398,000.00 Reserve and Undivided

Profita

2,776,726.78

Head Ofce:--HONG KONG No. 10, Des Voeux Road, Central.

Board of Directors:

Bir Shouson Chow, Chairma

Lá Koon Chun, Esq. Li Lan Sang, Esq. P. K. Kwok, Esq. WongChuson, Esq. Wong Yun Tong, Eaq. Kan Ying Pu, Esq. ChanChingSher, Esq. FungPingWab Esq.

Kas Teng Po, Esq., Chief Manager. Li Tae Four, Esq., Manager.

Branches and Agencias :---

PEAME Harabaya Rangoon Salgad

Kowloom

Lontoa

Amay

Bogsba Calcula

Dates

M

Haiphong

Stankow

Hogelato

..

Vanill

Hwałow Sydney

Kelbeam. San Fran Taihoku

New York Beattle

Omka

cison Trendin

Tok ro Secara Vancouver Shanghai Yak Pdping Singapor

Party

plate Foreign Banking Servicr

ib the principal Markets of Interest Rates on Application.

the world.

SAFE DEPOSIT BOXES

D. M. BIGGAB,

Manager

Entertainments, $6.85.

H.K. Govt. 4 Lean, 6% p.m. HK Govt. 31% Loan, par.. y

Sellers

China Underwriters, 70 cts.

Humphreys, 39.

Yaumati Ferries (Old), $322. H.K. Electrics, $573, Sandakan Lights, $10.50, Cements, $15. Dairy Farms. $241. Lane, Crawfords, $8. » Constructions, $17.

Sales

Hongkong Bank, $1330/90. Carton Insurance, $200. HK. Fire Insurance, $178. Providents (Old), $6.35.

China Lights, $9.65/60. (Pices below in Phil. Corrency) Antamoks Ps. 52 Atnks Ps., .28

Bagulo Gold Ps...23

Benguet Consolidated Ps., 14.00 Coco Grove Pa.. 52 Demonstrations Pa., .281 San Mauricio Es.. 142 Suyoc Ps., 20

United Paracales Pa. .52

GENERAL

NEW ORDER IN | RAILWAY

PROBLEM

23

EAST ASIA

Future Of Foreign

Interests

IN THE US.

Commenting upon the thren- tened trouble in the United States railway industry, the writer of the editorial notes of the American International Association of Ma-,

The policy Japan will employ In creating her "new order in the Far East," after what she claims

her victory in China. was chinists' "Journal" says: "That a formally approved by a conference, good many railroads are in bad held in the presence of the Em-financial straits everyone knows, peror recently, says "The Times."

but such a condition is not due to the payment of excessive wages, The Rallroad Labour Executives

The procedure showed that the

| decisions recorded embody what

is commonly called here an "imput their Angers on the sore spot arutuble national peiley."

the

time is burdened with a top-heavy capital structure which constitutes the very vitals of the industry. within itself a parasite gnawing at

The when they pointed out that the plan was prepared by the Inner railroad industry at the present Cabinet, approved by the whole Cabinet, and endorsed by Cabinet's Advisory Council.

It has now been sanctioned the Imperial Conference, at which the Cabinet, the Army, the Navy, and the Privy Council were re- presented.

by

in

"This heavy bonded indebted- ness, which has been built up över.

period of many years, together with financial malpractices con- nepted therewith, are the funda- mental causes of the railroads financial troubles*

The measures adopted fact constitute Japan's post. victory or reconstruction policy. The Japanese believe that major military operations are over, and "Therein lles the problem of the that their task henceforth is the railroads a problem which can- building up of a new order 8nnot be solved by wage cuts, as will, the foundations they have laid with blood and iron.

That new order, which is still described only in the broadest terms. envisages the establish- ment of a tripartite bloc composed of Japan, China, and Manchukuo combined for what the Prime Minister. Prince Kopoye, calls "mutual ald, political, economic and cultural.”

CHANGE THE FACE

we are sure, be proved by the Railroad Labour Executives' As- sociabion and its representatives when the case of rafinoad labour is presented to the President's fact-finding commission. whose final report will, we are confident, zustain the workers' contention that a wage cut is unjustifiable."

It is significant that Mr. Arita.

Three thousand sheep, in flocks the Foreign Minister. on assum-penned over a nine-mile stretch ing office, omitted for the first of land on the Wiltshire and Berk. time to give foreign Ambassadors shire borders, stampeded over SUBSIDY FOR AIR the customary assurances that the countryside when frightened

Japan will adhere to the "open by some mysterious cause. door" policy, and the Press teems, with articles showing that the

LINES

£100.000 A YEAR FOR 11 CONCERNS

For the first time Britain's 'internal air lines are to be sub- sidised. This is a departure from the policy which has hitherto limited the granting of subsidies to those concerns which operate air services from Great Britain to foreign countries or to the Dominions,

Nine-Power Treaty is obsolete.

NOTICE TO CONSIGNE»«S

CONSIGNE

Some Interesting recent utteran- CONSIGNEES' NOTICES lese suggest that in the new Ensl Asiatic inter-dependence which Japan is endeavouring to create China's part is to be that of the agriculturist and provider of cot- ton and other such raw matèrials; Manchukuo, endowed with coal and iron, will undertake the heavy Industries; while Japan aspires to he the group's industrial and

In a White Paper issued, it is financial power, its political men- pointed out that a part of the in-tor, and its military protector. creased annual subsidy limit of

£3,000,000 for civil air transport NEW LAMP

"FOR FACTORY

LIGHTING

PENINSULAR AND ORIENTAL- STEAM NAVIDATION Co,'s STEANER BHUTAN.

A HONG KONG ON

25гα DEC., 1938.

FROM ANTWERP,LONDON.GIBRAL" TAR, MARSEILLES, MALTA, ...“ PORTSAID. ADEN, COLOMBÓ

AND. STRAITS.

VONSIGNEES of Cargo by the move- named Veel are hereby informed that their Goods are being landed and

placed AT SHRI RIAK in the Hong Kong

Optional Goods will be landed here. unless instructions have been given to the contrary Six Hours befors arrival of the Steamer. Goods

not cleared within 8 days incinding data of arrival will be subject to Bent

now authorised is to be earmarked for five years for internal services. This Bank is entirely owned by It is proposed to make available, TUR CHASE NATIONAL BANK, for this purpose a sum not exceed- Now Yous, with Resources overig £100,000 in any one year. (*.S. $9.300,000,000.

And Kawloon Wharf and Godown. Cour The air line operators to be sub-

One of the latest means of meet-pany's Godowns st Kowloon, where encr sidized are. Allied Airways (Gan-ing the requirement of the new Consignment will be sorted out Mark dar Dower) Ltd.. Chantiel Air

Factory Act that "sufficient and by Mark and Delivery can be obtained Ferries Ltd.. Isle of Man Air Ser-suitable"

the Goods are landed. artificial fllumination vices Ltd Jersey Airways Ltd. shall be provided in factories is Lundy and Atlantic Coast Afr the combination lamp of which Lines Ltd.. North Eastern Airways the "Steray-Dual" is an example. Ltd., Purtsmouth, Southsea and

This lamp is a combination of the Isle of Wight, Aviation Ltd. Rail-mercury-vapour discharge lamp ❘ way Air Services Ltd., Scottish Air- with 2n Incandescent tungsten

ways Ltd.. Western Airways Ltd..lament. and Western Isles Airways Ltd. It, therefore, It is claimed, cor- Among the conditions Imposed rects the deficiency in red rays of are that unless special permission the former and overcomes the Is obtained the aircraft used must peculiar colour difficulty. be of British design and manufac- It is also exceptionally economi- ture, and the personnel British.

cal, the 300-watt lamp.giving 33 per cent. more light and the 500- the World, we are able to extend. It was announced in the Manx watt about 50 per cent. more light Ito our Clients special facilities for Tynwald that Royal Assent had than gas-alled. lamps of the same Domestic and Foreign Banking and been given to the Divorce Act to wattage. Exchange.

BANK OF CHINA

Specially Chartered by NATIONAL GOVERNMENT

OF CHINA AS AN

INTERNATIONAL EXCHANGE

THE

BANK

PAID-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

Head Office SHANGHAI

Hong Kong Branch:

4. QUEEN'S ROAD, O. South China Offices:

CANTON SWATOW

Every description of Banking and Exchange business transacted. Loans granted OD approved SHIUCHOW

securities.

KONGMOON TOISHAN KINGCHOW

Current Accounts opened in Local: We also handle the issue. of Currency and Fixed Deposits re- Bonds and other Public Funds of ceived for one year or shorter the Chinese Government both at periods in Local and Foreign Car-Home and Abroad. *rencies оп terma which will be

quoted on application,

Bafe Deposit Boxes To Let

KAN TONG PO

Chief Manager.

SHOU J. CHEN,

Manjer.

THE BEN LINE STEAMERS, LTD.

S.S

BENLOMOND"

Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG and LEITH on

about the 9th January, 1989.

от

Cargo will also be accepted on through Bill of Lading to the usual transhipment ports.

For Freight and Passage apply

to the Agenta:"

W. R. LOXLEY & CO., (CHINA) LTD. York Building.

Tel. 84165

No alteration to existing ins- replace the method by which each divorce' suit brought in the Island (tallation is needed as the caps of necessitated a special Parliamen- these lamps can be used in or- tary Act and cost over £100. dinary holders.

No Fire Insurance will be effected by us in spy case whatever,

Damaged Packages must be left in the Godown for examination by the Con sigues, and the Company's Surveyor Mesra, GOODard & Dövelas, at 10 am, Free Storage period. ou Mondays and Thursdays, within the

Consignees are specially notified that it is necessary for a Revenus Officer to be present at the exmisation damaged datislile cargo.

All Claims against the Steamer musi be presented to the Codersigned on ot before 15th Jan, 1989, or they will not be recognized.

No Claims will be admitted after the Goods have left the Godown. MACKINNON, MACKENZIE & Co,

Agorta.

CONSIGNEES' NOTICES CONSIGNEES' NOTICES Hong Kong, 25th Dec, 1938,

MAERSK" LINE:

NOTICE TO CONSIGNEES

THE M.V.

THE ** ASTORIA "

HAMBURG-AMERIKA LINIK

NOTICE TO CONSIGNEES.

NDE M.V.

..

THE

"SAUERLAND" having arrived, from New York and having arrived from Hamburg and Ports of call, Consignees of Cargo sit Forta of call, Consignees of Cargo are hereby notified that their Goods are hereby notified that their Goods ara being landed and placed at their risk; being landed, wad placed at their risk into into the Hong Kong and Kowloon What the Hong Kong & Kowloon Wharf á and Godown Company's godown A Godown Company's godowns at Kowloon, Kowloon, where delivery may b where delivery may be obtained as soon obtained as soon as the Goods are landed as the Goods are lazded.

Optional Cargo will not be ander here, unlese Notice has been given 48

Optional Cargo will not be landed hero, unless, Notice has been given 48

(2067

| SERVICES' CONTRACTUELS DES

MESSAGEZELS MAXITINES

CONSIGNEE NOTICE.

8.8. “JEAN LABORDE- 3*A/99.

BRINGING CARGO FROM MARSEILLES via SAIGON, etc. ARRIVED HONG KONG ON FRIDAY, TEN 23RD DEC., 1988.

JI

JONSIGNEES are hiveby informed

heurs prior to vessel's arrival, but carried hours prior to Vessel's rival, but arried that their gor ds with the exception

on from port to port to the foal port of call to which the option ester dr.

No Claims.will be admitted after the Goods have left the Godowns, and al (Foods remaining andelivered after the 28th Dec, 1938, will be subject te

Kent!

on from port to port to the find port of call to which the option extende

No Claims will be admitted after the Goods have left the Godomus, and all Gooda, remaining undelivered after the 28th Dec., 1938, will be subject to

T Kent.

All broken, chafed, and damagec All broken, chafed and damaged Goods Goods are to be left in the Godown, are to be left in the Godowns, where where they will be tramined on 24h they will be examined on 24th Dec.. Dep., 1918, at 10 am. by on: 15-28, at 10 m, by our Surveyor. Surveyor Capt. Walter “, Worton,

Messrs. Goddard & Douglas. To comply with the Leneral Bonded To comply with the General Bonded Warehouse Regulations.consignees must Warehouse Hegulations consignees maat buc. Revenue Officer in attendance hare Revenus Officer in attendance damared dutiable goods are when damaged dutiable goods, are examined,

eramined.

A Claims must reach as before the 26th Jan, 1889, or they will not be recognized,

All claims must, reach us before the 28th Jan, 1989, or ther will not be recognized.

No Insurance will be effected. Bills of Lading will be satintersigned i e

JEBSEN & OC.

Agents... Hong Kong, 22nd Dec., 1938.

No Insurance will be effected. Bills of Lading will be countersigned by

JEBSEN &Co.,

· Agata, * (2055 Hong Koog, 19th Dec., 1978. · (2048

of Opium, Treasure and Valueline are Feing larded & stored into the Gotowar of e Borg Korg, Fowloon Wh

Godown Co., Ltd., Kowloon, whence delivery may be obtained immediately atter landing

All claims must be sent in to me on or before the 3rd Jan, 1929, or they will not be recognized.

Damaged Packages will be examined'. by the Company's Burveyor, Mesurs Goddard & Dong as in the presence of the Consignees at 10.00 am, on Thurs day, the 29th Dec, 2938.

Couzinger must have a Bevense Officer in attendance whepany dutiable goods ara gxamined by the Company's Burreyors

No Fire insurance will be effected by us in any case whatever.

B. OHL,

Agent. Hong Kong, 23rd Dec., 1938.

1

TUESDAY, DECEMBER 27,1938 PAGE 13

PRESIDENT LINER

Sailings

SAN FRANCISCO AND LOS ANGELES VIA KOBE, YOKOHAMA, AND HONOLULU S.S." PRESIDENT TAFT"

Suily Dec. 31st at Son PM.

SS. PRESIDENT CLEVELAND “ S.S." PRESENT PIERCE "

8.8. "PRESIDENT COOLIDGE"

Jh. 13th at Midnite

Juu. 27th at 400 P.M.-

Feb 10th at 0/0 PM,

fr

NEW YORK AND BOSTON VIA SUEZ

S.PRESIDENT VAN BUREN"

S.SPRESIDENT HARRISON' S.S.PRESIDENT HAYES " S.S." PRESIDENT POLK"

11

(H

Sils Jun is at 12-NoON

MANILA

“S.S." PRESIDENT VAN BUREN

8.S." PRASIDENT CLEVELAND " 88. PRESIDENT HAKRISON "

Jan. 200l. at 18-NOON

Feh. 3rd at 12-Noor

1

Feb 17th at 1:-NOON

Sails Fan, 8th at 19--Noom

Jan 7th at 5.00 P.M. Jan. 90th at “12-- Noom

AMERICAN PRESIDENT LINES, LTD.

ROUND THE WORLD SERVICE

FORMERLY DOLLAR STEAMSHIP LINES

12, PEDDER ST.«

*TEL. 28171

HAMBURG-AMERIKA LINIE

Far Eastern Wail.Passenger & Freight Service

Through bookings to America via Europe and Europe via America. Bookings around the world, Through bookings" to "London,

OUTWARD SAILINGS

m. "RAEINIAND"... for Shai., Dairen, Tsingtao, Thame

Kobe...

4th Jan.

w.r. “ LEVERKUSEN" for S'hai, Dairan, Y'bama., Kobe.

... 14th Jan..

HOMEWARD SAILINGS m.v. "SAUERLAND" for Gezon, Rotterdam, Hamburg 22nd Jan, m.v. "RHEINLAND" for Antwerp, J'dami, Hamborg ... 8th Feb;

Freighter with Passenger Accommodation..

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

HAMBURG-AMERIKA LINIE

JEBSEN & CO., AGINTA. “

12, Pedder Street, Tel. 81205-8.

CANTON AGENTS: CARLOWITZ & CO., Shakes Road.

LINE

MAERSK LINE

Fast regular FREIGHT and PASSENGER SERVICE

via

SHANGHAI and JAPAN

to

LOS ANGELES, PANAMA, NEW YORK, BOSTON PHILADELPHIA & BALTIMORE.

If sufficient inducement offers also other ports of call. Arrivals from U8.A.

- 29th Dec.

M.V. "NIEL MAERSK"

Ballings to U.S.A.

17th Dec. 27th Jan.

M.V. "PETER MAERSK " (All dates are subject to alteration without notice.) EXCELLENT ACCOMMODATION FOR PASSENGERS AT MODERATE RATES.

For Freight and Passage please apply --

JEBSEN & CO.

|

Canton Shameen, B.C. Agents Hong Kong, Pedder Building

Tel 10916,

Tel 31205-B. Swałow Agents: GEBR. ROESE · Tal.. 1663.

THE

HIRAM" *. "HELLAS" "HELIOS”

CHINA-SIAM

LINE.

BONG KONG-BANGKOK

leaving Hong Kong 3rd January via Bwstop leaving Hong Kong 11th January via Swatow leaving Hong Kong 18th January vin Swatow .. "HIRAM” ." Jesving Hong Kong. 29th January via Swatow

HONG KONG-SWATOW-AMOY

.. "HAI LEE" leaving Hong Kong 26th January Accepting Passengers & Cargo for all the above mationed ports. HONG KONG-SINGAPORE PENANG BANGOON

*Regular Express Service ̈· MA HAI LEX”..... leaving Hong Kong

'HAI LEE"

m.3.

31st December leaving Hong Kong 1st February Accepting cargo for all the above mentioned ports.

Excellent passenger scommodation available, For freight, pasunge rates and all other information-Apply to:- THORESEN & CO., LTD.

Tel. 30237

[2056

General Agenta.

Queen's Building."