1939-01-11 — Page 13

HONGKONG DAILY PRESS

BANKS

HONGKONG AND

SHANGHAI BANKING

CORPORATION

Authorised Capital $50,000,000 |

THE CHARTERED

BANK OF INDIA,

AUSTRALIA &

CHINA

GENERAL

U.S. MONOPOLY BRITISH FINANCE MEDICAL PLANS

INQUIRY

Committee Begins

Two-Year Task

After six months of p.eliminary

Issued & Fully Paid-Up 220,000,000 Incorporated by Royal Charter, 1838 study a committee of 12 has begun. Reserve Funds:

Sterling

£ 8,300,000 HEAD OFFICE: LONDON: H.K. Currency Reserve $10,000,000 |

38. Bishopsgate E.C.2. Reserve Liability of

Proprietors"

-$90,000,000 Paid-up Capital

Reserve Fund Reserve Liability of Pro-

Head Office:-HONG KONG

Board of Directors, T. E. Pearce, Esq., Chairman. Hon. Mr. J. I. Paterson,

Deputy Chairman.

J. K. Bousfeld, Esq..

A. H. Campton, Esq.,

Hon. Mr. 8. H. Dodwell,

W. H. Lock, Esq..

G. Miskin, Esq. . . . .

Bir Yazdeleir M. Graybarn,

£3,000,000 £3,000,000

prietor......... .£3,000,000

MANCHESTER BRANCH: 71. Mosley Street, Manchester.

ALOR STAR

AMRITSAR

BANGKOK

BATAYLA

BOMBAY

KARACHI

AGENCIES AND BRANCHES:

HONG KONG PENANG ILOILO RANGOON ІРОВ

BAJOOK HELEMBAN SHANGHAI SINGAPORE SITIAWAN BOURABAYA TAIPING TIENTHIN TONOKAK ".. (Bhuket)

E. S. Morrison, Esq..

Fon. Mr. A. L. Shields,

KLANG

R. V. Wilkinson, Esq.,

CALCUTTA

КОВЕ

CANTON

RITALA

CAWNTORS

LUMPUR

· Chief Manager.

CKBU

Branches:-

COLÒ NO DELEI

KUCHING MADRAS

MANILA

Amoy

Ipoh

Penang

Bangkok.

Johore

Rangoon

Batavia

Kobe

Saigon

HAIPHONG BAMACRO HANKOW HARBIN

Bumbay Kowloon San

Francisco Lumpur Shanghai

Calcutta

Kuala

Canton

Chefoo

Culombo Dairen

Lendoa Singapore Lyons Sourabaya Malacca Sungei

Patari Swatow

Fanchow Manila

Baiphong Muar

Hamburg (Johore). Tientsin

Hankow

Muktdien Tokyo

Harbin New York Tsingtao Hongkow Peiping Yokohama Iloilo

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.

Also up to date Safe Deposli Boxes in various sizes To Let.

Hong Kong, 7th October, 1938.

HONGKONG SAVINGS

BANK

The Business of the above Bank

is conducted by the HONG KONG

MEDAN NEW YORK

PRIPING

(Peking)

TRINOTAO YOXOBAMA

A VITAL ARM OF DEFENCE

Sir John Simon And City's Stability

#

IN WARTIME

Rapid Expansion Of Services

The British Medical Association

WEDNESDAY, JANUARY 11, 1939.-PAGE 13

PRESIDENT LINER

Sailings

SAN FRANCISCO AND LOS ANGELES VIA KOBE, YOKOHAMA AND HONOLULU S.S." PRESIDENT CLEVELAND" Sails Jan. 13th at Midnite.

AS

PRESIDENT PIERCE"

*3.8. * PRESIDENT (OOLIDGE" S.S.PRESIDENT TAFT »

• CALLS AT SHANGHAI

Jan. 28th at 4.00 P.M.

Feb. 11th at 800 FM.

Feb. 25th at 400 FM.

I

NEW YORK AND BOSTON VIA SUEZ

S.S." PRESIDENT HAYES " S.S." PRESIDENT POLE"

S.S. PRESIDENT GARFIELD"

S.SPRESIDENT HARRISON "

Sails Jan. 20th at 12-Nöbar

Feb. 3rd at 12-Noor

17

Feb. 17th at 12--Noo

**

Mar. 17th at 19-Noon

MANILA

Sails

Jan. 20th at 12-Noor

"T

Jan. 21st at 6.00 PM..

Feb. 3rd at 9,00 P.34.

Speaking recently in a Commons debate on medical services in civil Sir John Simon, Chancellor of defence, Mr. Bernays, Parliamen- an inquiry, which may last two years, into the whole field of the Exchequer, addressing mentary Secretary to the Ministry of the Govern- bers of the Constitutional Club. Health, described American business

The inquiry is now generally Northumberland Avenue, Londonment's plans for expansion on a talled the "monopoly investiga- recently, said that it was striking Breat scale in time of war.

There would, he said, be regional tion." This in itself is significant und encouraging to observe how of the change which has taken coolly and calmly British financial organization for casualties, making place in the past six months, the tnstitutions stood up to the stratr avallable first the beds in the best of existing institutions, then pro- title: formerly preferred being of the recent crisis.

"On that topic," he continued, "viding satellite annexes Registers "anti-monopoly investigation."

The committee consists of three am glad to think that I have not of doctors and aurses would All all Senators and three members of Kot to apologise for any gaps. needs of personnel on a unified the House of Representatives, with Plans, of course, had been carefully basis six Government officials belonging prepared. They were ready to be

Justice, put into "operation to meet all rand compiled a register which now to the Departments of

(included 95 per cent, of the doctors Labour, Commerce and the Trea-quirements.

"There were no signs of panic, in the country. At the outbreak of sury, the Securities and Exchange

domestic peld our war the best place for a doctor and the Federal Trade Command in the

financial structure stood up well to would be with his own patients. Thereafter Coctors would be direc- sions.

the strain.

tea where the need was greatest.

Discussions were now being held on the adjustment, of requirements that might be conflicting. A central nurses and nursing register of auxillaries was being established. 12-HOUR NOTICE TO HOSPITALS The Government recognised the mission to prevent practices, inAppeals for greater unity reach need for a greatly expanded poten- us from some unexpected quarters. tial hospital service. They had The big business combines and Unity, indeed, is the keynote of the laiready surveyed some 3,000 Iros. mergers which the Sherman and appeal which is being made by a pitals with 400,000 beds. If war had number of the Government's recent come 150,000 beds would have been

once available tor air-raid CONSIGNEES' NOTICES critics. "It is a consummation deat

casualties. voutly to be wished:

The committee members, as a result of their preliminary inquiries, have already realised that the conceptions of mono- poly

and "competition have changed radically since the old "trust-busting" days and the establishment of a trade com-

restraint of trade.

FOREIGN EXCHANGE and General Banking Business transacted."

CURRENT Accousts opened (and¦ FIXED DEPOSITS received for "One Year or shorter periods at raten which will be quoted on application. Clayton Anti-Trust Laws of 1890 The Bank's Head Office in and 1914 sought to control were Lontoo undertakes Executor and created chledy to corner markets, Trustee business, and claims recheck.competition and raise prices. covery of British Income Tax Thus they were a direct burden on overpaid, on terms which may be the consumer. ascertained at any of the Agencies and Branches.

R. A. CAMIDGE,

Manager,

THE CHASE BANK

15, QUEEN'S ROAD CENTRAL

HEAD OFFICE:

18, PINE STREET,

NEW YORK.

'SPIRITED RIVALRY Modern combines and mergers are more frequently intended to bring a cheaper product within the reach of a wider public by econo- mies in management and by more efficient mass production.

in the same way, the conception of competition has changed. It no longer true to regard it as a face between a dozen or so produ- cers of the same article, but rather as a spirited rivalry between many kinds of products for a bigger share of the individual's expen- plete Foreign Banking Servicediture. in the principal Markets of the world. Interest Rates on Application.

SHANGHAI BANKING COR- An American Bank offering com PORATION.

Rules many be ob

tained on application.

For the Hora KONG & SHANGHAI BANKING CORPORATION,

V. M. Grayburn,.

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

BANK OF EAST ASIA. LIMITED.

Authorised Capital ....213 000,000,00 Paid-up Capital

$,598,000.00 Reserve and Undivided

Profits

2.776,726.76

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

·Board of Director."

Bir Shousha Chow, Chairman

Li Konn Chan, Eng. Li Lan Sang. Esq. P. K. Kwok, Esq. WongChuson, Esq. Wong Yun Tong, Esq. Kan Ying Po, Esq. ChanChingShek.Esq. FungPingWah Eq.

Kan Tong Po, Esq., Chief Manager. Li The Foug, Esq., Manager. "

Amor

Batavia

Branches and Agencias !----

Kowloon

Vegan London

fangoon Xenija

Halgoo Melbourne San Fran Magnuska

New York bositle

Bombay

Calcutta

Cantoo

Haiphong

Hankow

Onaks

Honolulu Kobr

Paris

• Sourabaya

wnlow

Sydney

Tairoku

in Tanteid

Semaran

Shangha

Prieg dings porno

Tolya Vancouver Yokohama

Every description of Banking and Exchange business transacted LORDS granted ол Approved

securities.

SAFE DEPOSIT BOXES

1.

This Bank is entirely owned by THE CHASE NATIONAL BANK. NEW YORK, with Resources over U.S. $2,300,000,000.

12

D. M. BIGGÄR,

BANK OF CHINA ·

"We must never forget that along with the essential ele- ments of the Imperial Forces of the Crown and Air Raid Precautions, British - Anance is -an arm of national defence."

Sir John. urging the need for national unity, said:

"

-NATION'S TRIBUTE TO

PREMIER

Every authority had been in- formed that every hospital must be ready to clear as many beds as possible on warntag from the Government and take' steps to increase accommoda- tion.

"But, in view of the fact that Mr. Chamberlain recently received a greater volume of national com- nendation for his efforts than any statesman has received in our time. surely the greatest measure of na- First-aid posts and ambulance tional unity is not likely to bejservices were now the responsiblity secured by dissociating oneself for the. Ministry of Health, and a from his Government.

jcircular about them would soon be

to "I am convinced that we have sent

authorities. the local got in the policy that the Prime Large quantities of equipment Minister is pursuing a policy which were being delivered, mare being ought to bring the country effec-ordered; and there were large tively together.

stocks in the country.

"My message to you is this: Let Turning to the question of clear- work together as comrades and ing the hospitals, Mr. Bernays good friends, let us put our loyal stated that during the crisis the

service in the hands of the Prime 'hospital evacuation scheme for not necessarily Minister, let us discuss difficulties London could have been put into Monopoly does mean an entire lack of competi- with good temper, let us believe in jaction at 12 hours' notice. tion. The public is sometimes bet- the greatness and the faith of Bri-

FULL CO-OPERATION

ter served.

by competition and tain, and I believe that the con.

All this, he argued, showed that sometimes by greater standardisa-stitution and the country which a scheme of full co-operation be

we all love will by that method best tween the medical profession, the tion and mess production,

obtain the greatest and most

hospitals and the Government De- united measure of support of all partments was already in existence and required only amendment in the light of experience in the eriais.

competing.

classes."

SS. PRESIDENT HARRISON " 8.S. PRESIDENT PIERCE" S.S. PRESIDENT COOLIDGE'

S.S." PRESIDENT HAYES "

帽

Feb. 3rd at 19-Noon

AMERICAN PRESIDENT LINES, LTD.

ROUND THE WORLD SERVICE

FORMERLY DOLLAR STEAMSHIP LINES

12, PEDDER ST.

.HAMBURG-AMERIKA LINIE

NOTICE TO CONSIGNEES.

HE S.S.

THE *** PREUSSENY". having arrived from Hamburg and Ports of call. Consignees of Cargo are hereby notified that their goods are being landed and placed at their risk into the Hong Kong Kowloon Wharf & Godown Company's godowns at Kowloon, where delivery may be obtained as soon as the goods are landed.

TEL. 28171. ·

NOTICE TO CONSIGNEES.

PENINSULAR" AND ORIENTAL STEAM NAVIGATION Co.'s STEAMER BEHAR"-

AXEIT HONG KONG UN

6 JAN., 1939.

Frox ANTWERP, LONDON, GIBHAL- TAR MARBEILLES, MALTA, PORTBAID, ADEN, COLOMBÓ AND STRAITS. (ONSIGNEES of Cargo by the „ above-named Vessel are hereby in formed that their Goods are being landed Optional cargo will not be landed and placed at rx ix in the Boog here, unless notice has been given 48 Kong and Kowloon Wharf and Godown hour prior to vessel's arrival, but Company's Godowns at Kowloon where carried on from part to port to the each Consignment will be sorted out Mark final port of call to which the nption by Mark and Delivery can be obtained as

extends

No claims will be admitted after the Goods have left the Godowns, and all goods remaining undelivered after the 14th Jan, 1939. will be subject to rent.

the Goods are landed.

Optional Goods will be landed bers unless instructions have been given to the contrary Six Hours befors serival af the steamer.

Goods not cloured within 8 days in- cluding date of arrival will be subject to reak

No Fire Insurance will be affected by us in any case whatever.

All oroken, chrafed, and damaged Goods are to be left in the Godown where they will be examined on 13th Jan, 1939, at 10 am. by our Sur.

Damaged Packages must be left in veyors Messrs. Goddard and Douglas.

To comply with the General Bonded the Godown for examination by the Warehouse Regulations consignees Consignees, and the Company's surveyors, must have a Revenue Officer in Messra. Goodals & Dovozás, sa 10 am.... attendance when damaged dutiable on Mondays and Thursdays, within the

Free Storage period. goods are examined

All claima must reach us before the 14th Feb. 1939 or they will not be recognized.

No Insurance will be effecten. Bill of Lading will be countersigned

JEBSEN & CO. Agents.

The motor industry provides a good example, three large mass- production concerns Vyag with

"There was in politics, he said, each other in the production of a

far greater measure of comprehen- Manager.cheap popular car. It does not

follow from this that the public slon and goodwill than there used

Sir F. Fremantle had opened the would be better served if six con- be. They had learned to co- debate with a motion asking for cerns, each of half the size, were operate because they had realised such a scheme to be carried out. that there was a contribution to One of the greatest dimculties in the be made from more sides than one. crisis, he declared was uncertainty

WARDING OFF FIRST BLOW about the position, equipment and by "I think," he added, "we do the work of the first aid poets, Medical- people at large wrong if we do not men should have the chief part in recognise that it is the people making plans. themselves who are ready and an-

Sir H. Morris-Jones suggested xious to accept a policy which the evacuation of all cases of

national greater

sickness from London hospitals as soon as emergency arose, Hospital A fair number of Trams and "Nothing, for example, is more boards of management were asking THE BEN LINE STRAMRES, LTD Owing to our numerous Branches China "Lights were absorbed at remarkable or more indicative of for definite instructions about in China and connections in the quotations, but the rest of the this than the universal recognition what would be required of them principal Commercial Centres, of

that we must. cost what it may, in the future.

Specialls Chartered by THE NATIONAL GOVERNMENT OF CHINA AB AN, INTERNATIONAL EXCHANGE

BANK

PAID-UP CAPITAL 840,000,000.00 (BRANCHES ALL OVER CHINA)

H. K. STOCK EXCHANGE

Jan. 10.

the World, we are able to extend market was neglected, such sales to our Clients special facilities for as have been reported being on Domestic and Foreign Banking and the small side. Exchange.

Head Office: 8HANGHAI

Hong Kong Branch:

4. QUEEN'S ROAD, C. South China Officen:

CANTON SWATOW

SHIUCHOW"

KONGMOON TOISHAN KINGCHOW

We also handle the issue of Current Accounts opened in Local Currency and Fixed Deposits rellonds and other Public Funds of year or shorter the Chinese Government both at ceived for one

periods in Local and Foreign Cur- Home and Abroad.

rencies

on terms which will be

quoted on application.

Safe Deposit Boxes To Let.

KAN TONG PO,

Chief Manager.

THE MERCANTILE

BANK OF INDIA.

LIMITED

Head Office-15, Gracechurch Street,

London, ECS

Authorised Capital

Kuber berl Capita).

Paid-up Capital .. Reserve Fund and Rest,

BANKERS:

£3,000,000 210,000

... £1,247,880

The Bank of England and Midland

Bank. Ltd.

BRANCHES:

Ipoh Kantan Kandy

Karachi

Bangkok Bombay

Clainenba

Delhi Galle Hongkoss Howarh

Inala Liple

Kuala Lumper

Kota Bhar

Ma

New York

Penk

Rangong Hhangha

SHOU J. CHEN,

Manager.

DONT FORGET

THAT WHEN You are at Home

you

can get the

HONG KONG DAILY PRESS

Himin

Singapore

at SELFRIDGES.

Knaia TrebrzoDY

HONGKONG BRANCH.

Every descriptles of Banking and Exchange Barisem tranckest,

Travellers' Cheques lased,

TRUSTEE AND EXECUTORSHIP UNDERTAKEN.

CURRENT ACODUSTE opened in Loon Qar Fry and PIZED DEPOSITS rowlved in Local CATTERY, STERLING & U. 8. DOLLARS on term that may secretained on appliantiox.

D. BENSON.

Buyers

4:

Hongkong Bank, $1415.

Union Insurance, $476.. Douglases, $04.

HK, Docks (New), $171. Humphreys, $84.

HK. Realties, $5.45.

China Lights (Rights), $3.50, Macao Electrics, $174. Telephones (Old), #237.

Dairy Farmis, $24.10. Entertainments, $7.

ELK Govt. 4 per cent. Loan,

per cent. pm.

HK Govt 34 per cent. par. Ewa (Rts.), Sh.$2.10.

Sellers

Hongkong Bank, #1430.

China Underwriters, 70 cts. HK. Docks (Old), #18%, '

Providents (Old), 88.40.

i

China Lights (Cum rts.), $9.70. China Lights (Rights), $3.80. Watsons, 88.15,

Constructions, $14.

Marsmans (HK), 3/-..

Sales

Hongkong Bank, $1415/12). H.K. Tramways, $17,60.

China Lights (Rights), 3.55,

Macao Electrics, $71.

Telephones (Old), $234,

Ewo (Rts.), HK$1.15,

(Prices below in Phil. Currency)

Antamoks, 53

Atoks, 33

Baguio Gold, .25 Benguet Consol, 14.00 Coco Grove, .52 Consol. Mines, .003 Demonstrations, 261 L X L. 84 San Mauricio, 1.80 Buyoc Consol, .21 United Paracales, .69

makes for strength."

rearm for purposes of defence.

"That is my answer to those whu

L

throw doubts upon the power of SHIPBUILDING

this country in present-day dima- culties to act as a united whole."

Sir John, referring to rearma- ment, said:

"The first and most urgerit necessity is that we should be adequately provided with defence

ACADEMY FOR

CHÚNGKING

CHUNGKING, Jan. 10 (Reuter)- The Chinese Government has in- structed the Ministries of Educa- tlon and Communications jointly In every sphere to ward off the to make preparations, within three possibility of an" initial blow. months, for the establishment of Therefore we must all put theja National Chungking Commercial necessity of adequate defence in Maritime Academy to train men the very forefront of cur calcula-in navigation and shipbuilding. tions as to what the country most urgently needs.

LONDON METALS

EXCHANGE

PUPPET'S BANK

DREAM

Hong Kong, 7th Jan., 1939.

CONSIGNEES' NOTICE.

From LEITH, MIDDLESBRO', ANTWERP, LONDON AND STEAITS

THE S.S "BENLEDI."

Consignees are specially notified that

it is necessary for a Revenue Officer la be present at the examination of damaged dutiable a cargo.

All Olaima against the Steamer must be presented to the Undersigned on or before 27th Jan, 1989. or they will not be recognized.

No Claims will be admitted after the [28 Goods have left the Godown,

MACKINNON, MACKENZIE

Agezius, Eong Kong, 8th Jan, 1939

"

Ob.

[97

NCE DEUTSCHER

BREMEN.

LLOYD

T

AE Steamer

"LIPPE"

BREMEN, having arrived from HAMBURG and Ports, Consigness of YONSIGNEES of Cargo ars hereby Cargo are hereby notified that their cargo formed that all Goods are being of The Hong Kong & Kowloon is being landed at their risk into the landed at their risk into the hazardozi and/or extra hazardous Godowns of the HONG KONG AND KOWLOON WHARY AN GoDown Comrany, LTD., whence and/or

the wharves Dalivary may from obtained

No Claims will be admitted after thr Goods have left the Godowns, and a Goods remaining undelivered after the 12th Jan, 1989, will be subject, to rent All Olaims against the Steamer must be presented to the Undersigned on before the 26th Jan, 1830, or they will

not be

To comply with the General Bonded

1800gnized. Warehouse Regulations, consignees The efforts of Mr. Fu Blao-en, Mayor of the Shanghai Special must have a Revenue Oficer in attend Municipal Government," tô orce when damaged datable goods

are oxamined. ganize a "Shanghai Municipal

All broken, ohated and damaged Goods Bank" have not been crowned are to be left in the Godowe, where £ with success.

they will be examined on the 10th Jan 44-3/16 It was originally suggested and 1930, at 9 am, by Macers. Carmichael

“Lòndon, Jan, 9. COPPER

buyers

£

sellers

Standard, Cash 44-1/8 Standard.

44-7/16 50-1/2

3 months 44-3/8 Electrolytic ...... 49-1/2

TIN Standard. Cash 217-1/4 Standard

& Clarks

agreed with Japanese interests

No Fire Insurance has been effected that the bank be capitalized at

Bills of Lading will be countersigned by $10,000,000. The Japanese were W.R. LOXLEY & CS. (CHINÄ) Lṇ

·

Agazta, Hong Kong, 5th Jan, 1999

to supply $2,500,000 of this amount, 217-1/2 but so far have not done, 80.

218-1/2

3 months 218-1/4

LEAD Foreign,

Official Price 14-9/16 14-5/8 Foreign, Official

3 months 14-13716.14-7/8

Ordinary,

SPELTER

Official Price 13-9/16 13-5/8 Ordinary, Oficial

3' months 13-13/16 13-7/8 Final Afternoon Transactions Tin, Standard, Cash, £217-1/4) buyers.

Tin, Standard, 3 months, £218- 1/4 paid and buyers-Reuter.

COMMERCIAL FLIGHT

RECORD

(Reuter)- The Imperial Airways 'plane, Fal- con, brake another

LONDON, Jan, 10

commercial

to Brussels record, when it flew from Croydon, yesterday in" 48 minutes, at an average speed of 230 miles per hour.

pas-

11 The air Uner carried sengers, a crew of four, and a top of freight.

The previous record for the same journey was 53 minutes.

Wharf and Godown Co., Ltd., Kowloon, where delivery can be obtained.

AJI

goods remaining undelivered after the 14th Jan. 1938, will be aubject to rent.

NO FIRE INSURANCE will be. effected by us in any case whatever.

Damaged packages must be left in the godown for examination by the consignees and the Company's sur veyors, Messrs. Anderson & Aabe, at 10 am on the 13th Jan., 1839.

Consignees must have a Revenue Officer in attendance when damaged dutiable goods are examined by the Company's surveyors

No claim will be admitted after the goods have left the godown and all.

zast be

presented within Two claims Weeks of the ships arrival here, after which date they will not be recognised. Consignees are requested to sur. render their Bills of Lading to the undersigned for countersignature.

MKI CHERS & CO., Ageria's „NORDDEUTSCHER LLorn, Brunes,

[21 Hong Kong, 7th Jan, 1930: 们

FOR SALE

"KING GEORGE IV” WHISKY Nou refillable QUARTS 85.00 per bottlé

Flack

Flask ...

ant

PINTS $2.95

PINTS 81.65

Obtainable at

HUNG CHEONG

Tel 57108.

66, Nathan Road. Kowloon