1939-02-11 — Page 13

HONGKONG DAILY PRESS

BANKS

HONGKONG" AND

THE

SHANGHAI BANKING

CORPORATION

Authorised Capital $50,000,000-

CHARTERED BANK OF INDIA, "

AUSTRALIA &

1

CHINA

Issued & Fully Pail-Up $90,000,000 Incorporated by Royal Charter, 1855 Reserve Funds:

Sterling

£6,500,000 HEAD OFFICE: LONDON:

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

Proprietors

Head Office:-HONG KONG

38. Bishopsgate E.C.2. .$20,000,000 | Paid-up Capital

Reserve Fund Reserve Liability of Pro-

.£3,000,000 £3,000,000

prietors...

£3,000,000

Board of Directors.

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

Deputy Chairman,

J. K. Boanfeld, Esq.,

A. H. Compton, Beq.,

Hen. Mr. S. H. Dowell,

W. H. Lock, Esq..

0. Miskin, Esq.

K. S. Morrison, Esq.,

Hon. Mr. A... Shields,

H. V. Wilkinson, « Esq.,

Sir Wandeleur M. Grayburn,

11

MANCHESTER BRANCH: 71, Mosley Street Manchester,

AGENCIES AND BRANCHES: ALOR STAR HONG KONⱭ PERANO AMEITHE ILOILO

BANGOON BANGKOK IPUR

BAIGON BATAVIA KABACIN BOMBAY

KLAND CALCETTA

CANTON CAWNFORE

Chief Manager. CABU

Saigon

HAMBURG

KOBE

KUALA

LUMPUR

SEREMBAN

SHANGHAI

SINGAPORE SITIAWAN

BOURABAYA

(Bhuket)

KUCHING

COLOMBO

Ainey

Branches:- 1pesh

DELHI "

Penang

HAIPHONG

MADRAS MANILA MEDAN

TAIPING TIESTIN TONGKAH

Bangkok

Johore

Rangoon

Batavia

Kobe

Bombay

Kow.com

NEW YORK PEIPING

(Peking)

TSIKOTAO! YOKOHAMA

Calcutta

Kuala

"te

Chefon:

Colombo

||

San

Francisco Lumpur Shanghai

London Singapore

Foochow

Manila

Haiphong Muar

Hamburg

Haukow

Lyons Sourabaya Dairen Malucca Sungei

Patani.. Swaton (Johore) Tientsin Mukilen Tokyo Hurbia New York Tsingtao Hongkes Peiping Yokohama

Inila

HANKOW

HARBIN

?

FORTION EXOHANOR and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DXPUBITS received for One Year or shorter periods at rates which will be quoted on application..

The Bank's Hand Office in London undertaker Executor and Trustee business, and claims re-

British covery of

Income overpaid, on terms which may be opened in ascertained at any of the Agencies

Current Accounts Local Currency and Fixed Deposits received for one year or shorter perlods in Local and other Cur- rencles 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

The Business of the above Bank is inducted by the HONG KONG SHANGHAT BANKING COR- PORATION. Hates may he ob-

tained on application.

For the HONG KONG & SHANGHAI BANKING CORPORATION,

V. M. Grayburn,

Chief Manager.

Hong Kong, 7th October, 1838.

BANK OF EAST ASIA,

LIMITED

Authorised Capital 910 000,000,00, Paid-up Capital ...... 5,598,000.00

* Reserve and Undivided

Profits

2,776,728.76

Head Office:-HONG KONG N..... 19. Des Voeux Road, Central.

Board of Directores ..

Sit Shouson Chow. Chairman Li Koon Chun, Esq. Li Lan Sang. Eq. P. E. Kiok, Faq. Wong ChuSou Esq. Wong Yan Tang. Esq. Kan Ying Po, Esq. ChanChingShok, Esq. PongPing Wah Eiq.

Kan Tong Ro, Esq., Chief Manager. Li Toe Foar. Esq., Hanager.

Lontoo

Branches and Agencies :-

Kowloon Peasny Soundsys

Razgoon Swator Saen Sydney Mellonaran Fran- Tatroku Nagnarks

Tientsia Tokro Vancaster Yokotams

Amor

Batarin

Bombay

Wanita

Calostí

Gantan

Halphone

Hankow Okka

Honolulu PATIA Kabe

alca No York denille Bekra Shanghai Paiping Blogaporn

Every description of

Basking

and Exchange business transacted.

Lonni granted

securities.

08

and Branches,"

R. A. CAMIDGE,

Tax

Manager.

THE CHASE BANK

15, QUEEN'S ROAD CENTRAL

HEAD OFFICE:

18, 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

H.K. STOCK *

EXCHANGE

Feb. 10.

The market during the week was on the whole very quiet, but at times It showed signs of firmness, which did not last for long. However prices have been will maintained. and the market closes steady,

Providents, Lights, Underwriters. Electrics. and Wharves, show an Improvement since last week while Banks and Unions close buyers at $1390 and $4621 respectively.

BUSINESS DONE DURING THE WEEK

Hongkong Bank, $1410, $1395.

$1390, $1395.

Bank of East Asia, $85.

Union Insurance, $465.

cts., 60 cts., 65 cts.

FINANCE

GOLD IN BATANG

PADANG

Probable Source Of Alluvium

The production of rold in the Batang Padang district has more than doubled itself since 1934, the amount of gold pro- duced then being 3733 ounces as compared with 1043 ounces in . 1937, Prior to 1934 the average production a year Was In the neighbourhood of 1000 ounces, states Dr. F, T. Ingham,» Mining Geologist. who recently carried ont investigations

In this district.

י.

Native gold has been obtain- | Bukit Mad southeast of Tapah ed for many years as a by-pro and at Semellang. but they duct in mines working primarily oroved, unsuccessful. China Underwriters, 53 cts. 58 for th ore. Gold 13

wide- There is, however, no doubt that spread occurrence In the allu- a part of the gold produced by some vium of the area that has been of the mines near Semoliang is surveyed. It has been found in derived from the bedrock and. smail amounts northeast of Tapah during 1937, the bulk of the gold Providents (Qld). 36:35, $81, $6.70. on the Sungei Secol Estate and from the Bruseh Estate Gold

Hongkong Fires, $180.

Wharves, $118.

Docks (Old), $17), $17.60.

Providents (New), $8).

Lands, $364.

Tramways, $171, $17.40,

China Lights (Old), $8.90, $31. China Lights (New), $5). China Lights (Rights), $3. Electrics, $571. $58), $554. $58.

$58.35, 358), $58. Cements, $15.95, $18. Dairy Farms, $23, Constructions. $14. Raubs, $7.03.

Govt. 4 Loan 3' pren. Govt. 3% Loan Par.

3.30 P.M. CHANGES (CLOSING QUOTATIONS)

Buyers HK. Realties, $5.40, H.K. Tramways. $17. Wing On (H.K.), '$38. Marsmans H.K.), 2/8.

Sellers Provident (Old), $6.80. H.. Reales, $5.65. Telephones (Old), $231.

Sales

China Underwriters, $0.70. Providents, (New), $4.40. H.K. Electrics, $58/58). H.K. Ropes, $4,10, Watsons, $7.85. Marsmans (Lon.), 13/9.

HONGKONG

SHAREBROKERS'

ASSOCIATION

Fi

Volume of Business Transacted

Friday, February 10

No. of

Trams

This Bank is entirely owned by Lands

THE CHASE NATIONAL BANK, Watsons New Yoas, with Resources over 1.8. $2,500,000,000.

D. M. BIGGAR,

Manager.

BANK OF CHINA

Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXŐHANGE

BANK

STOCK

Providents (0)

Marsman Invest.

HK. Govt. 31'» Loan $8,000 United Paracale

Itogons

Demonstrations

Paracale Gymnaus.... 12,000 Ps. 14,

CLOSING PRICES

Closing Philippine prices yester- day were:

Gold bas

LONDON METALS

is common in stream concentrates | Mine was obtained by the hydrau- from the Sungei Mas, triba-licking "of a hu of weathered

and tary of the Sungel Batang Padang.schist

phyllite containing been obtained from velns of auriferous quartz concentrates washed from the Anak Sungel, Janka and the Anak Sunge! Chepor." It has also been obtained from bore samples near Ing- Tapah Road village. Dr. ham states that the chief pro- ducing area. however, extends from south of Changkat Remblan to Bidor.

EXCHANGE

London. Feb. 9 (Reuter),

COPPER

£

buyers sellers

£ SHEARED PORTIONS

Standard, Cash 42-13/18 42-7/8 The bulk of the gold appears to Standard.

in- have been derived from the

3 months 43-1/8. 43-3/16 tensely sheared portions of the Electrolytic 48-1/4

48-3/4 Changkat Remblan granite from the mineralised achist and Standart. Cash 215 phyllite in contact with it. Some, standard, however, is, derived from the Main Range "granite and frum sedimentary rocks near, its con- tact,

and

It is, however, believed that in both the granite masses of Chang- kat Remblan and the Main Range the gold is confined to these areas

TIN

215-1/4

3 months 213-3/4 214 LEAD

Foreign, Foreign. Official

Official Price 14-1/4

3 months 14-1/2.

SPELTER

nr zones which exhibit shearing. Ordinary.

In these sheared zones and the Official Price 13-1/2. follated sedimentary rocks -near-

by the gold cccurs in quartz vetnis and stringers.

Ordinary, Offelal

14-3/8

14-9/18

13-5/

.:

3 months 13-13/16 13-7/8

Final: Afternoon Transactions

Tin. Standard Cash, £215 pald

In former years attempts to work auriferous quartz veins have and buyers.

been made on lot 2483 (now lots Th, Standard. 3 months. £213- 3328 and 3361).near Bruseh. 31 3/4 buyers,

WEEKLY RETURNS AND REPORTS

BANK OF ENGLAND

Shares Price

200 $17.40

100 36.25

200

7.85

Public Deposits

London, February 9 (Reuters.

Feb. 2 Feb. 9

(000's omitted) £12,260

£ 15,350

500

6,70

Other Deposits:--

300 13/9

Bankers

108.310

103,950

par

Other Accounts

5,000 Ps. 67

Tota!

37.140 145.450

33.490

139,440

3.000 Ps. 32

Government Securities

77,900

J:

77,640

5.000 Ps. 201

Other Securities:-

"

Discounts and Advances

21,310

20,650

Securities

21,380

22,360

Total...

42,670

43,010

Notes and Coins

55,250

52.310

Total Bullion ......

127,200

February 10.

Nctes in circulation

471.050

45

Ratio of Reserve to Liabilities

35.03%

127,300 475.000 33.79%%

35

261

13.80

47

003

201

Büls Bought

14

U.S. Securities held

1.80

Federal Reserve Ratio

34.14

2,564,000

··84.14%

224

67

The market was quiet,

Federal Reserve Credit Dutstanding Monetary Gold Stock Industrial Advance

www

2.582,000 2.524,000 14,096.000 14,732,000 14,811.000 14,738,000

C

Antamoksling

Atoks.

Bagulo Gold Benguet Consol Coco Grove

Consol, Mines Demonstrations Paracale Gumaus San Mauricio Suyoc Consol..

PAIDUP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHINA)

Owing to our numerous Branches in China and connections in the principal Commercial Centres of the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and United Paracales Exchange.

Brad Office: SHANGHAI

Hong Kong Branch:

4 QUEEN'S ROAD, C.

South China Offices:

approved

CANTON

Current Accounts opened in Local SWATOW

Currency and Fixed Deposita re- SHIUCHOW

KONGMOON TOISHAN KINGCHOW

ceived for one year or aborter We also handle the issue of

FEDERAL RESERVE SYSTEM

New York. February 9 (Reuter).

·Feb. 2 -Feb. 0 1000's omitted) 1,000 $ 1,000 2.564.000

CONSIGNEES” NOTICES CONSIGNEES NOTICES CONSIGNEES' NOTICES

CONSIGNEES' NOTICE

periods in Local and Foreign Cur- Bonds and other Public Funds of THE BURNS PHILP LINE. rencies on terms which will be the Chinese Government both at quoted on application.

Safe Deposit Boxes To Let

KAN TONG PO,

Chief Manager.

THE MERCANTILE

BANK OF INDIA, LIMITED

·Head Offco1–15, Gracechurch Street,

· London. [-03

Authorised Capital

Jabarribed Capital

Paid.er Capital

Reserve Fund and Best.

BANKERS:

£750,000

£1,000,000 £1.$47,880

The Bank of England and Midland

Bank. Ltd. BRANCHES:

Bangkok [pol

Frombay Calcatu

Calomho

Delhi

Galle Hongkong

Howard

Kashtan

Kandy

Karachi

Kota Dam

Kanto Lipu

Kuala Lumpur

Kuala TrenggoDA

Мисли New York Perg Паздета

Shangha

B

Sinsapore

HONGKONG BRANCH.

Every description of Banking and Emilunge

Jualus trinkactief,

Travellers Cheque Tied,

'TRUSTEE AND EXECUTORSHIP

UNDERTAKEN,

CURRENT ACCOUNTS Mered in Lomal Car racy (and FIXED DEPOSITS received in Local Currency, BYXRLING & U, B, DOLLARS di kerusi. that may be ascertaland on application.

D. BENSON.

Vanizer

Home and Abroad,

SHOU J. CHEN,

Manager.

DONT FORGET

THAT WHEN You are at "Home

you can get the

HONG KONG DAILY PRESS at SELFRIDGES.

FROM MELBOURNE, SYDNEY. SALAMAUA, BAHAUL AND

.MANILA.

HE M.V.

THE

* NEPTUNA."

CONSIGNEES of Cargo are hereby informed that all Goods are being landed at their risk into the hazardous and/or extra hazardous Godowns of the Hong Kong and Kowloon Wharf and Dodown Cos It, whence

major trom

the

wharves Delivery may be obtained.

SERVICES CONTRACTUELS DES; MESSAGERIES MARITIMES

CONSIGNEE NOTICE.

"ATHOS II"

**A/39.

8.8.

BRINGING CARGO FROM MARSEILLES vis SAIGON, etc. ARRIVED HONG KONG on TUESDAY, THE 7TH FEB, 1979.

PRINCE LINE.

NOTICE TO CONSIGNEES,

From NEW YORK, LOS ANGELES &. SAN FRANCISCO.

THE Motor Yerel

*JAVANESE PRINCE *** having arrived from the above Ports on 8th instant, Congness of Cargo are hereby informed that the Gooɗa are: being landed at their risk into the Godowns of the Hong Kong and Kowloon ONSIGNEES are hereby informed Wharf and Godowa Company, Limited, that their goods with the exception Kowloon, and stored at Consignees risk

All broken, chafed, and damaged Gooda

No Claims wil be admitted at the of Opism, Treasure and Valcables are and expense, Goods have left the Godots, and all being landed & stored into the Godowns Goods remaining sodelivered after tar of the Hong Korg, Kowloon Wharf are to be left in the Godowns, where 15th Feb., 1930, will be select to Beak & Godown Co., Ltd., Kowlood, whence they will be examined on Saturday,

All Claims against the bteamer must be presented to the Undersigned on or Jefore the 1st March., 1829, or they will not be recognized.

delivery may be obtained immediately. 11th inst after landing.

АП

1988, at 10 A.M. Claims must be presented within All claims must be sent in to me on 15 Days of the Yousel's anital here, before the 17th Feb, 1939, or after which data they cannot be re To comply with the tieneral Bonded

cognized. Warehouse Regulations, consignees must they will not be recognized.

Damaged Packages will be examined No Claims will be admitted alter the have Revenue Officer in attendance by the Company's Burveyor, Mesars. Goods have left the Godowns, and all Then damaged dutiable goods are Goddard & Douglas in the presence of Goods remaining, sudelivered after the examined

All broken, obafed and damaged Goods the Consignees at 10.00 am, os Mon- 11th inst., will be subject to Rest, are to be left in the Godowne, wher day, the 18th Feb 1839,

Coplandos muit tave a Bevénze

they will be examined on the 14th Officer in attendance when say datiable by Feb, 1939, at 10 AM., by Mowers. goods are examined by the Company's Goddard and Douglas.

No Fire Insurance has bem affected.

Burveyors.

Bill of Lading will be countersigand as in any case whatever.

No Fire insurance will be effected by

r

by

B. OHL

GIBE, LIVINGSTON Ở ĐÓ, K

Agenta,

| Hong Kong, 7th Fobl, 1989," Hong Kong, 9th Feb, 1929. [114

Agent.

(109

No Fire Instance has been effected.

Bill of Lading will be countersigned FURNESS (FAR EAST), LTD., Snd Floor, Hongkong Bhangbal Bank Building Dials 28165 & 28100.

| Hong Kong, 6th Feb., 1989,

(108

SATURDAY, FEBRUARY 11, 1939. --PAGE 13

PRESIDENT LINER

Sailings

TO SHANGHAI

(hence to Kobe, Yokobama, Honolulu,

San Francisco & Los Angeles.

S.S. PRESIDENT COOLIDGE

Sails February 11th at 8 P.M.

AMERICAN PRESIDENT LINES, LTD.

יון

ROUND WORLD SERVICES.

12, PEDDER ST.

TEL. 28171.

Lloyd

Triestina

FORTNIGHTLY

EXPRESS SERVICE

FAR EAST-INDIA-ITALY

"

Hongkong-London 23 dayı

Hoogkong Italy 21 days

SCHEDULE OF SAILING FROM · HONGKONG

TO MANILA, SINGAPORE, COLOMBO, BOMBAY, EGYPT

B.B

M.B

& ITALY

TO SHANGHAI

“O, BIANCAMANO" 25th Feb. B. "C. BIANCAMANO” 20th Feb. "CONTE ROSSO" 10th Mar, 8.8. "CONTE ROSSÓ' 3rd Mar. .Y. "VICTORIA”

25th Mar. m.v. "VICTORIA" 18th Mar, 8,8. "CONTE VERDE 7th Apr. .. "C. BIANCAMANO" 29th Apr.

LLOYD

8. "CONTE VERDE" 31st Mar.

"C. BIANCAMANO” 23rd Apr..

TRIESTINO

P.O. Box 143. Tel. Address "Lloydiano-Telephones 32982 Passenge

32983 Fraight

HAMBURG-AMERIKA LINIE

Far Eastern mail. Passenger & Freight Service

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

-

OUTWARD SAILINGS

5.4. "OLDENBURG"

441

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

Yokohama, Kobo

18th Feb, for Shanghai, Dairen, Taku, Tsingtao, Ybama., Kobe. 27th Feb, ...for Bhai, Dairen, Taku, Y'ham,

Kobe, Osaka............

...7th Mar HOMEWARD SAILINGS

a.a. "NEUMARK"........

*m.v. "LEVERKUSEN" for Genoa, R'dam, Hamburg 14th Feb. a. "RHEINLAND" for Genoa, Antwerp, H'dam, B'burg 3rd Mar. m.r. "BURGENLAND" for Genoa, E'dam, Hamburg... 21st Mar

• Freighter with Passenger Ascommodation.

For further particulars and passage fares, etc. apply to-- HAMBURG-AMERIKA, LINIE

JEBSEN & CO., AoI28.

12, Pedder Street, Tel. 31205-6.

CANTON AGENTS: CARLOWITZ & CO., Shakee Road.

MAERSK LINE

Fast regular FREIGHT and PASSENGER SERVICE

SHANGHAI KIS JAPAN

to

LOS ANGELES, PANAMA, NEW YORK, BOSTON

PHILADELPHIA & BALTIMORE.

፡

It suficient inducement offers also other ports of call.

Arrivals from UB.A.

13th Feb.

•

·M.V. "GRETE MAERSK"

Sailings to USA

27th Feb.

11th Mar,

MV. “HULDA MAERSK” (All dates are subject to alteration without notice.) EXCELLENT ACCOMMODATION FOR PASSENGERS

AT MODERATE RATES.-

For Freight and Passage pieson apply :— ·

JEBSEN & CO.

Canton Bhameen, B.C. Agenta Hong Kong, Fedder, Building

Tal 10816.

Tal. 31205-8, Swatow Agenta: GEBR ROESE. Tel. 1683.