1939-02-07 — Page 13

HONGKONG DAILY PRESS

BANKS

HONGKONG AND

SHANGHAI BANKING

CORPORATION

al

Authorised Capital $50,000,000 |

THE CHARTERED

BANK OF INDIA,

AUSTRALIA & CHINA

Issued & Fully Paid-Up $20,000,000 Incorporated by Royal Charter, 1858 Reserve Funds:

Sterling

....£6,500,000 HEAD OFFICE: LONDON:

H.K. Currency Reserve $10,000,000₫ Rese-ve Liability of

Proprietors

38, Bishopsgate EC.2.

$20,000,000 Paid-up Capital

Head Office:HONG KONG

£3,000,000 Reserve Fund

....... £3,000,000 Reserve" Liability of Pro-

prietors.......

£3,000,000

Board of Directura.

T. E. Pearce, Esq., Chairman. Hon. Mr. J. 3. Paterson,

Deputy Phairman.

G. Miskin Esq.

MANCHESTER BRANCH; 71, Mosley Street, Manchester.

AGENCIES AND BRANCHES: ALOR STAR HONG KONG PENANG AMRITSAR ILOILO

LANGUON BANGKOK

BALOON IPON BATAVIA BOMBAY

B, V. Wilkinson, Esq...

Chief Manager. CRBU

J. K. Bounßeld, Esq..

A. H. Compton, Esq..

Hon. Mr. S. H. Dodwell,

W. H. Lock, Esq..

K. S. Morrison, Esq..

Hon. Mr. A. L. Shields.

Sir Vandeleur M. Grayburn,

Branches:

Aruny

1pub

Penang

Hangkok

Johore

Rangoon

Hatavin

Kobe

Saigen

Bombay

Kowloon

Calcutta

Tantum

Chefou

Colombo

San

Francisco Kuala

Lumpur Shanghai. London Singapore Lyons Sourabaya

Sungei Fuochow Manila Patani Haiphong Muar Swatow Hamburg (Johore) Tientsin Hankow Mukden Tokyo Barbin New York Tsingtao » Hongkew Peiping Itailo

Dairen Malacen

Yokohama

Current Accounts opened 111 Local Currency and Fixed Deposits received for one year or shorter periods in Local and other Cur· renicles on terms which will be quoted on application.

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

Hong Kong, 7th October, 1938.

HONGKONG SAVINGS

BANK

1!

The Business of the above Bank cariducted by the HONG KONG

REHEMBAN

SHANGHAI SINGAPORE SITIAWAN JOURABAYA

KARACHI..

CALCUTTA CANTON

*" KLANO

KOBE

KUALA

CAWNPORE

COLOMRO DKLEI HAIPHONG

HAMBURG HANKOW HARAIN

LUMPUR KUCHING VADRAS MANILA, MEDAN NEW YORK "PEIPINO

TAIPING

HENTEIN TONGKAR

(Peking)

(Bhuket) TSINGTAO YOKOHAMA

FOREIGN EXCHANGE and General Banking Business transacted.

CURENT 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 covery of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.

R. A. CAMIDGE,

Manager.

THE CHASE BANK

15, QUEEN'S ROAD CENTRAL

A SHANGHAI BANKING "COR- PORATION. Rules may he obAn tained on application.

For the Hoga Koso & Shanghai,

BANG CORPORATION.

V. M. Grayburn,

Chiel Manager.! Hong Kong, 7th October, 1939.

BANK OF EAST ASIA,

+

LIMITED

Authorised Capital 810.000,000.00 Paid-up Capital 5,309,800.00]

Reserve and Undivided

Profits

2,778,720.76

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

Board of Directors:

Bir Shouson Chow, Chairma

Li Koon Chua, Esq. L Lan Sang. Esq. . P. K. Kwok, Esq. WongChuson, Exq

Wong Yun Tong, Esq. Kan Ying Po, Eaq. Chao ChingSbel, Esq. FangPing Wah Esq.

Kan Tong Pu. Esq., Chief Manager. Li Tse Fong. Eng., Mansger.

Branches and Agencias:

Kowloon Pent Landon Rangoon

Amgy Batavia Bambay Manila

Calontia

Cantos

Halphone

من الما

Bourabaya Swatow Sydney Taikoku cisco Tietitia

Tokyo Vancouver

Melbourne Ran Free Regnska

Semarang

Now York Healthc Hankow Onks Honolulu Paris Kobe

Shanzhal Felping Hingapor

HEAD OFFICE:

19. PINE STREET,

NEW YORK.

American Bank offering com plete Foreign Banking Service the principal Markets of the world. Interest Rates on Application.

103

SAFE DEPOSIT BOXES

This Bank is entirely owned by THE "CHASE NATIONAL BANK, NEW YORK, with Resources over U.S. $2,500,000,000.

D. M. BIGGAB,

Manager.

BANK OF CHINA

Specially Charlered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE

BANK

PAID-UP CAPITAL $40,000,000.00

FINANCE

H. K. STOCK Textile Quota System

EXCHANGE

Feb. 8.

„The market ruled on the quiet side but steady. Prices generally are unchanged.

BUYERS

Hongkong Bank, $1400. Bank of East Asia. $84. Canton 'Ins., $210. Union Ins., $165.

China Underwriters, 53 cta. HK. Fire Ins.. $175. H.K. Docks (Old), $17.60. HK. Docks (New), $16). Providents (Old), $6.40. Providents (New), $6.20, H. & S. Hotels, $8.80. H.K. Lands, 1361. Chinese Estated $97. Yaumati Ferries (Old), $22). H.K. Electrics. $58. Macao Electrics, $17.50 Sandakan Lights, $10. Telephones (Old), $23. Telephones (New). $7,75," Cements. 315.80.

H.K. Ropes, $4.'

Dalry Farms, $23. Wing On (HK), $37.) Entertainments, $7.

H.K., Govt. 4 per cent, Loan "Marsmans (HR.), 2/6,

SELLERS

Hongkong, $1420. Canton Ins., $220. H.K. Realties, $5.65. H.K. Tramways, $17.55. Cements, $181.

SALES

Hongkong Bank. $1410. Union Ins., $465. HK, Lands, $381.

China Lights, $8.90. H.K. Electrics, $581. Dairy Farms, $23,

H.K. Govt. 4 Loan, 34pm.

PHILIPPINE MINES Antamoks, Ps. 43.

Baguio Gold. Ps. .26. Benguet Consolidated, Ps. 13.80. Coco Grove, Ps. 47. Consolidated Mines, Ps. .0025. Demonstrations. Ps. 2014. I.X.L.. Ps. 66.

San Mauricio, Ps. 1.76. Suyoc, Ps, "23. United Paracale, Ps. .67.

HONGKONG

SHAREBROKERS'

ASSOCIATION

Volume of Business Transacted on Monday, February G

No. of Shares Price

200 $58.25 200 23.25

STOCK

Electrics Telephones (0) Lands Trams

100 36.50

200

Bank of East Asia...

50

17.40 85.00

Underwriters

2,000

.55

United Paracale

2,000

1.19

'Antamoks

2,000 Ps.0.44

Santa Rosa

.50,000 ...015

MINING SHARES CLOSING

PRICES

Closing Philippine gold mining prices yesterday were:-. Antamoks..... Bagulo Gold

(BRANCHES ALL OVER CHINA) Benguet Consol.

Owing to our numerous Branches

Coco Grove

in China and connections in the Consol. Mines principal Commercial Centres of Demonstrations the World, we are able to extend L. X. L.

to our Clients special facilities for San Mauricio Domestic and Foreign Banking and Suyoc Consol Yokohama Exchange.

Every description of Banking and Exchange business transacted

Head Office: SHANGHAI

Hong Kong Branch:

4. QUEEN'S ROAD, O. Fouth China Officer:

LORUS granted 01 approved securities.

CANTON

Current Accounts opened in Local SWATOW Currency and Fixed Deposits re SHIUCHOW

KONGMOON TÖISHAN KINGCHOW

ceived for one year or shorter We also handle the issue of periods in Local and Foreign CurBonds and other Public Funda of terras which will be the Chinese Government both at quoted on application.

Home and Abroad. Safe Deposit Boxes To Let

rencies

ор

▼

KAN TONG POV

Chief Manager.

SHOU J. CHEN,

Manager

HAMBURG-AMERIKA LINIE

Far Eastern Mail, Passenger & Freight Service

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

OUTWARD SAILINGS

*m.v. "BURGENLAND".....for Shanghai, Dairen, Taku,

Yokohama, Kobe

...16th Feb. 9.8. "OLDENBURG " for Shanghai, Dairen, Taku,

Tsingtao, Y'hara, Kobe. 27th For. 2.8. "NEUMARK?.... tor Shai., Dairen, Taku, Y'hams

Kobe, Osaka...

7th Mar. HOMEWARD SAILINGS

* m.v. "LEVERKUSEN" for Genoa, R'dam, Hamburg 14th Feb 4.4. "RHEINLAND" for Geroa, Antwerp, R'dam, H'bug 3rd Mar. m.v. "BURGENLAND " for Genoa, R'dam, Hamburg... 21st Mar. * Freighter with Passenger Accommodation,

For further particulars and passage fares, etc. apply'10--

HAMBURG-AMERIKA LINIE

JEBSEN & CO., ÄOKNTS.

12 Pedder Strests Tel. 31205—8,

UANTON AGENTS: CARLOWITZ & CO.. Shakee Road.

United Paracales

Market closed quiet.

.43

.26

13.80

47

.0025

.205

.68

1.76

.23

.87

CONSIGNEES' NOTICES

PRINCE LINE.

NOTICE TO CONSIGNEES.

FROM NEW YORK, LOS ANGELES &

SAN FRANCISCO.

THE Motor Vessel

* JAVANESE "PRINCE" having arrived from the above Ports on 6th instant, Consignees of Cargo are bereby informed that their Goods are being landed at their risk into the Godowns of the Hong Kong and Kowloon Wharf and Godown Company, Limited, Kowloon, and stored at Consignees risk and expense.

All broken, chafed, and damaged Goods are to be left in the Godowns, where they will be examined on Saturday, 11th inst., 1938, at 10A.M.

All Claims must be presented within 15 Days of the Vessel's "arrival here, after which date they cannot be re Dognized.

No Claims will be, admitted after the Goods hers left the Godowns, and all Goods remaining undelivered after the 11th - inst; will be subject to Beat.

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

FURNESS (FAR EAST), LTD.

2nd Floor, Hongkong & Bhangbai Bank Building Dinis 23165 & 28169.

རྞ -

Hong Kong, 8th Feb., 1989..

[108

انه

Disappoints Lancashire:

Japan Goods One Reason

in

Disappointment with the results, trade between India and Malayn colngred quota and the Straits was the Malayan textile system is expressed in the annual goods." report of the Far East section of A serious reverse to Lancashire the Manchester Chamber of Com-piece goods in the N.E.I. is brought

merce.

out in another section of the re- which port which states: Intro - Trie volume of export in 1938

months)

20.3 cotton (11

million was only slightly

other

In

"The improved position was brought about by the duction of the quotas on and rayon textiles in the Colonies square yards has. not been maintained

the in more than one-third ... of Malaya during the year under re-quantity attained in the previous view." It says.. "Imports of cotton twelve months. . The statistics plece goods in 1938 show an op- preceding this report reveal that

when preciable reduction

com- the setback occurred

respect pared with the previous year. All of all the categories with the ex- classes declined, but white goods ception of grey clothis. have suffered more than

It is undoubtedly true that the types.

unsatisfactory results of the past appre- January 1. 1938. witnessed year can be attributed in

overstock- the coming into force of quotas to clable measure to the

ed. position in the market, follow- regulate Imports

made-up that the ing the unusually heavy deliveries clothing. It was felt

af Lancashire textiles, in 1997 and efficacy of the system in 30 far

the early months of 1938. Other us plece goods were concerned was

to the being nuillfled, to some extent by factors have contributed the larger Influx of made-up goods present state of affairs, including

methods of the

administering It is from Japan.

disappointing

the Colony's textile licence rezime that the advantages which it was hoped to derive from this develop-under the national and global im-

port quata systema. ment have not materialised.

of

Much has been heard of the effect of competition from In- » dlan made goods in Malaya. During the quarter ended June, 1938 the latest for which figures are available, imports of Indian made coŝton plece goods into Malaya weTC 68 million yards,

ENGINEER LEAVES

£397,000

Mr. Charles Denton Holmes, of West Parade, Hull. engineer, founder and head of C. D. Holmes and Co. Ltd., and a well-known local philanthropist, who died at The quarterly average for the the age of 95, left £397,030 in. p. fiscal year ended March, 1838. £386.575), on which duty of

was 34 million yards. The corres ponding figures for the Straits Settlements were 4.9 million yards: and 1 million yards respective- ly. By far the major part of the

£118.446 has been paid.

The Ministry of Economics has voted a sum of $100,000 to be spent on excavation work in Kiangsu province to ease the food waters of the Yellow River, says a Chi-

HONGKONG MINES nese message from Hual Yin. As

OUTPUT

án extensive repair of the Yellow River dykes is not possible, it was Nielson & Co. Inc., managers for decided by the Klangsu. Provincial the Hongkong Mines, Ltd., reportGovernment that outlets should 5,106.5 short dry tons of ore treated he provided for the flood waters. for the month of January: from while a number of rivers in Klang- which 614.49 dry short tons of lead su are being dredged towards the concentrates were -, produced, sea. More than 10,000 Chinese averaging 65.97 per cent. Lead and labourers are now engaged in the 15.80 oz Silver per ton.

task, the report states.

."

THE BEN LINE STEAMERS, LTD.

S.S. "BENLAWERS"

Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG and LEITH on of about the 9th February, 1939.

*

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

For Freight assage apply

to the Agents;

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

Tel. 34166

HAMBURG-AMERIKA LINIE

NOTICE TO CONSIGNEES

THE 34,7.

TH

RHEINLAND 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 bong Kong & Kowloon Wharf & Godown Company's godowns At Kowloon, where delivery may be obtained as soon as the goods are landed.

here

Optional cargo will not be landed unless notice has been given 48 hours prior to reasel's arrival, hat carried on from port to port to the final port of call to which the option extends,

CONSIGNEES' NOTICES

CONSIGNEES' NOTICE.

THE BEN LINE STEAMERS, LTD.

From LEITH, MIDDLESBRO', ANTWERP, LONDON AND STRAITS

THE 8,8,BENWYVIS." CONSIGNEES of Cargo are hereby

informed that all Goods are being landed at their risk into the hazardous and/or extra hardens Godowns of the Hors Kons AND KOWLOON WHARE AND GODON COMPANY, LTD. whance and/or from the whares Delivery may bư obtained.

No claims wins pe admitted after the

No Claims will be admitted after the Goods have left the. Godowns, and all goods remaining undelivered after the Goods have left the Godowns, and all 8th Feb, 193 will be subject to 8th Feb, 1939, will be subject to rent.

Goods remaining undelivered after the rent.

All Claims against the Stommer must All broken, chafed, and damaged Goods are to be left in the Godowns, be presented to the Undersigned on or where they will be examined on 7th belon the 20th Feb., 1989, or they will Feb, 1939, at 10 am. by our Sur- not be recognised. veyors Mesara, Goddard and Douglas To comply with the General Bonded arobouse Regulations, consignser with tbo General Bonded comply Warehouse Regulations consignees must have a Revenue Officer in attend must have Revenue Officer in ance when damaged dutiable goods attendance when damaged dutiable are examined. goods are examined

141

All claims must reach us before the 8th Mar,, 1939, or they will not be recognized.

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

JEBBEN & CO., Ágenta. Hong Kong, 2nd Feb, 1929.

by

21

[100

W

All broken, shafed and damaged Goods are to be left is the Godown, where they will be examined on the 4th Feb 1938, at 9 am, by Messrs. Carmichael & Clarke.

No Fire Insurance has been effected Bills of Lading will be countersigned by W.R. LOXLEY & Co. (CHINA) LTD.

Agents. Hong Kong, 31st Jan., 1989,

[01

TUESDAY. FEBRUARY 7, 1939. --PAGË 13

PRESIDENT LINER.

Sailings

TO SHANGHAI

thence to Kobe, Yokohama, Honolulu,

San Francisco & Los Angeles.

S.&. PRESIDENT COOLINGE

N.

Sails February 11th

at 8 A.M.

AMERICAN PRESIDENT LINES, LTD.

ROUND WORLD SERVICES

12, PEDDER ST.

JAVA

TEL. 28171.

VISIT BALI AND JAVA

Special Excursion Fares On Application SAILINGS

TO MANILA BALI, MAKASSAR AND SOERABAIA:-

m.s. "TJINEGARA"

7th Feb

TO BATAVIA (DIRECT): S.S. TJISARDEA" 21st Feb.

CHINA

TO AMOY & SHANGHAI - m.s. "TJISADANE'14/15th Feb.

JAPA

For Freight & Passage Rates Apply: CANTON—Java-China-Japan Line MÁCAO-EL Nolasco da Silvs HONGKONG-Phone 28915

MODERN

LIJN EXPRESS SERVICE

BURNS PHILP LINE

Passenger & Freight Service To

AUSTRALIA

M.V.

NEPTUNA'

due

Wednesday,

8th FEB.

sailing MIDNIGHT

Saturday, ith FEB.

For

SAIGON,

MADANG, SALAMATA,

RABAUL,

SYDNEY AND

MELBOURNE.

Excellent passenger accommodation with a large number of single cabins at no supplement. Built-in Swimming Bath and Spacious Sports Deck.

First Class to Sydney-

Single-£47.10.08, Return-£78,0.04.

k,

د

Passenger & Freight Agents;— GIBB, LIVINGSTON & CO., LTD.

Telephone No. 28031.

P. & O. Building.