1939-03-01 — Page 13

HONGKONG DAILY PRESS

BANKS

SHANGHAI BANKING

HONGKONG AND

THE

CORPORATION

Authorised Capital

............$80,000,000 |

CHARTERED

BANK OF INDIA,' AUSTRALIA & CHINA

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

Sterling.................£6,500,000 H.E. Currency Reserve $10,000,000 Reserve Liability of

Proprietors

...........$20,000,000

Head Office:-HONG KONG

Board of Directori, Hor, Mr A. L. Shields,

W. H. Lock, Esq.,

Chairman.

Deputy Chairman.

J. K. Bousfield, Esq.,

Hon. Mr. S. E. Dodwell,

4. H. Compton, Esq.

G. Miskin, Esq.,

K. S. Morrison, Esq.,

Hon. Mr. J. J. Paterson,

T. E. Penrca, Esq.,

H. V. Wilkinson; Ear

Sir Vandeleur M. Grayburn,

स

GENERAL

CHINA MAKING HER

OWN MACHINERY

リ

CHUNGKING, Pabruary 28 (Central)—WITH THE RAPID GROWTH OF FACTORIES IN THE SOUTHWESTERN PROVINCES as a result of the economia development programme. launched here, China bas nơw to make her own machinery to meet the in- Creasing demand in view of the mapy difficulties to import from foreign countries.

1

Responsible for the manufacture of the necessary machinery is the National Bureau of Industrial Research of the Ministry of Economy under the direction of Dr. Hu Yu-isua”,

HEAD OFFICE: LONDON: 38, Bishopsgate EC.2.

Co-operating with 54 leading} |Paid-up Capital ..........................£3.000,00v | machine shops in Szebuen, in- Reserve Fund ..... .£3,000,000 | cluding the 'Yung Lễ Chemical Reserve "Liability of Pro-

Wo.ks, the Shanghal Engineering prietors...

謦

MOTOR, LORRIES FOR CHINA .A3,000,000 | Works, the Shuen Chang Iron Works, and others moved to this

LUNGCHOW. Feb, 23 Int)- proviate from the lower Yangtze More than 700 motor lorries, des- estuary, the National Bureau of ined for the National Government Industrial Research has produced in Chungking, have arrived at a number of machines for use of Haiphong from different countries, the factories.

It is learned that most of them

MANCHESTER BRANCH: 71, Mosley Street, Manchester. «

AGENCIES AND BRANCHES:

HONG KONG PINANG ALOR UTAR AMRITSAR

ILOILO

RANGOON BANQTQZ "POH

BAIGON BATAVIA

BOMBAY

CALCUTTA

CANTON

| CAWNPURE.

Chief Manager.CEBO

Branches:e

Amoy

Ipoh

Penang

Bangkok

Johore

Rangoon

Batayin Bombay

Kobe

Kowloon

Saigon San

Calcutta

Kuala..

Francisco Canton Lumpur Shanghai Chefoo

London Singapore Culembo Lyons Sourabaya Dairen Malacca Sungei

Foochow Manila

Patani

Haiphong Muar Swatow Hamburg (Juhare) Tientsin Bankow Mukden Tokyo

New York Tsingtao Priping Yokohama

Harbin

Hongke

Iloilo,

COLOMBO DELHI

HAIPHONG

HAMBURG HANKOW HARBIN

KARACEL

KLANG 黑口悫氨

KUALA

LUMPUR

KUCHING

· MADEAR

MANILA MEDAN

NEW YORK PRIPING

(Peking)

BEILEMBAN

SHANGHAI

BINGAPORK BITIAWAN

NOURABAYA

TAIPING TIENTSIN TONGEAK

(Bhuket)

TEINUTAD YOKOHAMA

FOREIGN EXCHANGE and General Banking Business transacted.

CURRENT ACCOUNT opened and FixxD 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 overpaid, on terms which may be opened in ascertained at any of the Agencies

and Branches.

"Current Accounts Local Currency and Fixed Deposits received for one year or shorter periods in Local and other Cur-j rencies on terms which will be quoted on application."

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

Hong Kong, 28th Feb., 1939.- :

"HONGKONG SAVINGS

BANK

The Business of the above Bank

Is conducted by the HONG KONG

R. A. CAMIDGE,

re-

ΤΑΣ

Manager.

THE CHASE "BANK

15, QUEEN'S ROAD CENTRAL

& SHANGHAT BANKING COR- PORATION. Rules may be ob-An tained on application.

For the Hoyo Kung & SHANGHAL BANKING CORPORATION,

V. M. Grayburn, “.

Chief Manager.

Hong Kong, 25th Feb., 1839...

HEAD OFFICE:

18, PINE STREET,

NEW YORK.

American Bank offering com plete Foreign Banking Service in the principal Markets of the world.

Interest Rates on Application,

SAFE DEPOSIT BOXES

BANK OF EAST ASIA. This Bank is entirely owned by

LIMITED

Authorised Capital ....$10,000,000.00 |

Paid-up Capital Reserve and Undivided

Proits.....

5,598,600,00

2,776,796.70

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

Board of Directors:

Bir Shouson Chow, Chairmas

Li Koon Chus, Eaq. Li Lan Sang, Erg. P. K. Kwok, Esq. WongChuson, Esq. Wong Yun Tong, Esq. Kan Ying Po, Baq. ChaoChingthek, E. FungPing Wall Esq.

P

Kau Tong Po, Reg., Chief Managor.

Li Tae Fong, Esq., Manager.

ad Branches and Agencies :---

Amoy Exinvis Tommy Calcati Candea Haiphong

Barlow

Bopoleia Tobe

Kowloo Релки

London

Manila

Helboara

Nagsaka

itangoes

Saigon

Sa Fran-

Bourabaya Bwntow Sydney Tallioku

Cisco Tintain

New York Seattir Tokyo

OKKA

Parit

Palpur

Besarang. VEBLOGYER, Shaoghal Yokohama Hingapore

Every description of Banking and Exchange business transacted. Lank granted.

approved securities.

on

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

D. M. BIGGAR,

Manayer.

BANK OF CHINA

Specially Chartered by

THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE

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 the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and Exchange.

Ilead Office: SHANGHAI Hong Kong Branch:

4, QUEEN'S ROAD, C. South China Offices: CANTON Current Accounts opened in Local SWATOW Currency and Fixed Deposits re- SHIUCROW

ceived for one

year or

sborter

- KONGMOON

TOISHAN KINGOHOW

We also handle the issue of

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

Safe Deposit Boxes To Let

BAN TONG PO

Chist Manager.

THE MERCANTILE

BANK OF INDIA,

LIMITED

Home and Abroad,

SHOU J. CHEN,

Manager:

DEVELOPMENT OF NW. CHINA

Hand Offco-15, Gracechurch Street, An important

London, E.C

Authorised Capita

Subscribed Capital

Pald-ng, £aphtal

Erre, Fand and Bent,'

BANKERS:

CHUNGKING, Feb. 28 (T/Ocean) reconstruction conference, attended by about 300 ,000,00 480100 prominent Chinese engineers and 21,000.00 £1,247020|industrialists, opened in Chungking

The Bank of England aha Midland

Calenta

Bank, Ltd... BRANCHES:

Barkol

Bomlay

Ipoh ** Kaantan Kandy

Columba

Kanchi

Emma Lipla

Kuala Tampar

Delhi Galle Hongkong Howart

Kota Bharu

Midra

New York

Penang

Shangha Kimli Singaparn

Hranik Trensana HONGKONG BRANCH, ' Every description of Banking and. Exchange analzeme trencacted.

Travellers' Obequre faued....... 'TRESTLE AND EXECUTORSHIP UNDERTAKEN.

The most notable of these China are sold on a guaranteed credit made machines are those now in basis as an indication of the sup- use in the Szechuen Alcohol. Disport given by certain Wester tillery Company. The complete set Powers.

KWANGSI TO

ELIMINATE ILLITERACY

WUCHOW, Feb 28 (Central)-A gigantle campaign to rid Kwangst province of its remnant illiterates will. shortly be launched by the Kwings Provincial Government. More than 6,000 teachers through- out the province will be mobilized and about $1,000,000 will be appro- pilated for this task. -

All adults, between the ages of 18 and 45 who have not received schooling, will undergo compulsory educational training. Books will be given to them gratis but they will have to provide their own papers and writing implements.

The Provincial Government has despatchea omcials to various districts in the province to make an investigation of the number of

literates and to confer with local authorities regarding the spread of this campaign.

of

"As a result of the vigorous efforts the provincial educational authorities during the last four years, the number of Kwangsi's literates has been reduced by are still some 1,000,000 of them in the province.

of distillers used in this plant. The authorities mi charge of the capable of turning out 60.000 shipment are speeding up the gallons of high-quality alcohol leading operation to forestall any every month, was designed by the move by the Japanese Navy. To staff of the bureau and cast by this end about 570 coolies have 1.600,000. It is estimated that there Chinese steel workers the been mobilized to help the loading Chungking Iron and Steel Corpora and unloading. As a result, about tion, and the Ming Sung Dock and 200 lorries have left Hatphong up Engineering Works

to this morning.

of

The operation of these all- Chinese cast distillers has pro- ved highly satisfactory

Meanwhile to facilitate the im portation of arms and ammunition into China, and other commercial Other machines under construc-of China has been opened for busi- transactions, a branch of the Bank ton or experimentation by experts ness in Haiphong. At the opening of the bureau include those for spinning and weaving. leather ceremony last week, many French and other foreigners were present. tanning, sugar-cane pressing, pa- per-making and canneries.

As the manufacture of machinery needs a large supply of iron and steel, the bureau is now planning to develop the fron industry in

southwestern China.

PORT LICENCE CANCELLED VLADIVOSTOK. Feb. 28 (Intl) -As the Chosen Yusen Kaishn

Under its direction, a Union Iron | (Korean Mail) no longer operates Works has been established jointly a regular service the Soviet ship by the various iron and steel works ping bureau at Vladivostok has to co-operate with native blast cancelled its port licence. The furnaces for the production of company will henceforth be re- better pig Iron, Experts from the quired to pay a special tax each bureau are stationed in this iron time a vessel arrives at this port werks to give advice and help.

Although the annual licence is A 10-ton fumace has been com-internationally standardized, the pleted by the works and iron ore new arrangement will impose some as well as native pig iron in western financial burden on the steamship

and Kwelchow Szechuen

are company, which is now negotiat enjoying a brisk sale.

ing with the Soviet Government through the Tokyo Foreign Office in an effort to Improve the "situa-

H.K. STOCK EXCHANGE

tion.

Moscow has taken the stand that the Japanese steamship line по longer operates & regular

There were no changes of im-service, for freight shipments to portance in the market which re- and from Vladivostok have been

unusually light of late. mained steady.

A sus- pension of the service is likely.

Вауста

H.K. Banks, $1405 ex. div. Canton Ins., $2174.

Union Ins, $460.

H.K. Fire Ins., $180.

{0}}

Douglases, $87. HK... Wharves, $116. Raubs, $8.20... H.K. Hotels, $8.80. HK. Lands, $36. Realties, $5.20,

HK. Trams, $16.65, Y. Ferries (Old), $23.60. Y. Ferries (New), $22.50, China Lights (Old), $8.40 Electrics, $571. Canton Ices, $1. Cements, $13.60.. Ropes, $4.10. Dairy Farms, $24).

Wing On (HK), $41. Entertainments, $7. Marsmans (London), 15/6. Maramans (HK), 4

Sellers H.K. Hotels, $63.-

PHILIPPINE MINES

Antomoka PaA.. 45 Benguet Consol, Pa. 50. .Coop Gmoves Ps., 44.

Consol. Mines, Pa., .003. Demonstrations Ps., 18 San Mauricio Ps., 1.80 United Paracales Ps. 64

HONGKONG

SHAREBROKERS'

ASSOCIATION

Volume of Business Transacted on Tuesday, February 28.

No. of Shares Price 200 $57.50

STOCK

Electrics

NANKI GOLD MINES TO BE EXPLOITED

*ot

TEA QUOTA MAY

BE REDUCED

LONDON, Feb. 27 (Reuter)-The

International Tea Committee will meet in London on March 2. The question of whether the quota for the next regulation year will be left unchanged or reduced by 21 to $7 per cent, remains very open. The increase in the United King dom stocks by 25,000,000 lbs. be- tween January 1938 and last month is smaller than was gener- ally expected and the present stock position does not suggest any immediate necessity for reducing the quota.

On the other hand the prices at London auctions In 1938 averaged 14.38 pence compared with 15.18 during 1937 and cannot be regard- ed as wholly satisfactory from the point of view of producers

SERVICES CONTRACTUELS DES MESSAGERIES MARITIMES

CONSIGNEE notice.

9,8. * ARAMIS ”

8'A/39.

BRINGING CARGO FROM MARSEILLES via SAIGON, etc.

ARRIVED HONG KONG'on. TUESDAY, Tự■ 28rя FEB, 1839.

CHENGTU, Feb. 28 (Central)t their goods with the exception YONSIGNEES are hereby informed Under the direction Szechnen Provincial Government,

the

a mining company has been estab lished in Nanki. on the parth bank of the Lu River in southa Szechuen, "to exploit gold mines there.'

Exploitation work' will begin early next month. In view of the dime culty in importing, modern min- ing machinery, the old methods of mining with certain improvements will be employed."

It is expected that the dally gold output will reach seven or eight

cunces. More than 600 labourers will be needed in the work.

of Opium, Tressure and Valuables are being farded & stored into the Godowns of the Borg Kong, Kowloon Wharf Gordown Co., Ltd., Kowloon, whence delivery may be obtained immediately after landing.

WEDNESDAY, MARCH 1, 1939. --PAGE 13

PRESIDENT LINER

Sailings

FOR SAN FRANCISCO & LOS ANGELES

ES.

via KOBE, YOKOHAḤa and HoNOLPLU

PRESIDENT, CLEVELAND " Sail Mar, 11th at 4.00 PM.

8. "PRESIDENT PIERCE "

*ES - PRESIDENT „COOLIDGE"

S.S." PRESIDENT TAFT"

• CALLS AT SHANGHAI

8.5.

Mar, 28th at 4:00 PM.

Apr. 8th at 8,00 4.M.

Apr. 2lat at 4.00 PM.

FOR NEW YORK & «BOSTON

via SUEZ

PRESIDENT MONROE " S.S. PRESIDENT ADAMS?

88.PRESIDENT GARFIELD" Saila

Mar. 17th at 12. Noon

++

Mar. 40th at 9.00 P.M.

13

Apr. 14th at 19 Noor

Apr. 28th at 19 Noor

MANILA

S.S." PRESIDENT" VAN BUREN " "

FOR

85. PRESIDENT CLEVELAND " Sails Mar. 3th at 6.00 P.M. 8.S.

PRESIDENT GARFIELDTM 8.S.“ PRESIDENT PIERCE " 5.5.“ PRESIDENT, COOLIDGE"

Mar. 17th at 12 Noor

Mar. 18th at 600 PM.

Mar. 31st at 8.00 P.M.

AMERICAN PRESIDENT LINES, LTD.

ROUND WORLD SERVICES

12, PEDDER ST.

TEL. 28171.

THE BEN LINE STEAMERS, LTD.

S.S."

BENGLOE"

·

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

or

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

For Freight and l'assage upply

to the Agents:

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

York Building

Tel. 94165

NOTICE TO CONSIGNEES

DCEAN STEAM SHIP CO, LTD.

AND

OHINA MUTUAL · STEAM NAVIGATION CO., LTD.

“ONSIGNEES per Co.'s Vessel "THESEUS

Co

FROM UNITED KINGDOM VIA

SINGAPORE..

NOTICE TO CONSIGNEES

OCEAN STEAM SHIP CO., LTD.

AND

CHINA MUTUAL STEAM NAVIGATION CO., LTD.

CONSIGNEES per Co.'s Vesel

"ANTENOR"

FROM UNITED KINGDOM VIA SINGAPORE

are hereby notified that their Chege will be discharged inte Holt' are hereby notified that their cargo All claims must be sent in to me or Wharf, Kowloon, where it will lie at will be discharged into Holt's Wharf or before the 10th Mar, 1939, or Consignee risk and subject to Terme risk and subject to terms and condi Kowloon, where it will lie at consignees they will not be recognized.

Damaged Packages will be examined.

and Conditions of Storage at Holt's

by the Company's Surveyor, Mean War The Cargo will be ready for tion of storage at Bolt's Whert. The Delivery from Godown on and after

Goddard & Douglas in the presence of the Consignees at 10,00 mm. on Mon-. day the 8th Mar, 1939.

Consignees must have Revenue Officer in attendance when any datiable goeds are examined by the Company's

Вогтерств.

No Fire insurance will be effected tie in by case whatever.

R. OHL,"

1. "

Cargo will be ready for delivery from Godown on and after 27th Feb.

{"ptional cargo will not be landed

27th Feb.

Optional cargo will not be landed haru piesa Notice has been given prior where, unless notice has been given prior Beamer's arrival, but carried on iron to steamer's arrival but carried or from port to port to the final port of port to port to the final port of call 10 which the option extends.

which the option extended

All broken, chafed and damaged. Goodi bye to be left, in the Godown when

Agent.

· [174

The long-distance telephone service between Chungking and Hong Kong, 28th Feb., 1930. Kunming will be omcially open-

eq to the public dh March 2.

PRINCE LINE.

NOTICE TO CONSIGNDES.

PROX NEW YORK, LOS ANGELES & SAN FRANCISCO.

FB2 Motor Vessel.

SIAMESE FRINCE” baving arrived from the above Porta on 27th instant, Congrees of Barge 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 riak and expense.

on Sunday to discuss measures and Philippine Gold Mining Quotations

All broken, chafed, and damaged Goods projects proposed by the Chinese, pa

Tuesday, Feb. 28. are to be left in the. Godowns, where Government for the reconstruction Antamoks

48

they will be examined on Saturday, and industrial development espe

4th Mar, 1989, at 10 AM. Dat 13.50

All Claims must be presented within 15 Days of the Vel's arrival hers, after which date they cannot be cognized get y

cially of North-western China,

Benguet Consol Coco Grove

Addressing the conference, Minis-Consol, Mines ter Chen-fu stressed that besides Demonstrations developing the national defences, San Mauricio one of the most urgent tasks is to United Paracies develop the industries in the hiri terland, while Gen. Chang Cheng emphasized the importance of an immediate expansion and develon- ment of the communication Enes

Market Comment-Quiet.

44

003

16.

180 -64

No Claims will be admitted after the Goods have left the Godowns, and all Goods remaining undelivered after the | 8th Mar,will be mbjest to Renta

No Fire Insurance has been affected. Bills of Lading will be countersigned TURNESS (FAB EASTI, LTD.,

2nd Floor, Hongkong & Bbsorbai Bank Building Dikis 23145 & 9180

Du to the incompletion or by certain preparations, the inau-

of the interior of China. Extensive guration of the Chungking-Ran-

CURRENT MOCOURT apart in Koond Our Fry and FIXKO DEPOBITE T in reforestration projects are likewise goon air line, originally scheduled Currendy, OPEKLING & U. 3, DOLLARS on terine that may be sontained on appDestion.

D.. BENSON.:

NSON

·

planned. For this purpose a new to take place on Feb, 28, has be Hong Kong, 17th Feb 1939, school of forestry has been founded. I postponed for some time.

CONSIGNEES' NOTICE.

THE BEN LINE STEAMERS, LTD.

FROM LEITH, MIDDLESBRO”, ANTWERP, LONDON, STRAITS & MANILA.

Tam 8.8. "BENRINNES

Comed that sil Goode are being

MONSIGNEES of Cargo are hereby

landed at their riak Into the bazardous and/or extra hazardons Godowns of the Hong Kong and Kowloon Wharf and Godown Co., Ltd., whence and/or from the wharves Delivery may be obtained.

(No Claims will be admitted after the Goods have left the Godowns and all Goods remaining undelivered after the 26th Feb., 1929, will be subject to

reti Cisime against the steamer must be presented to the undersigned on or before the 12th Mar,, or they will not be recognized.

To comply with the General Bonded W Warehouse Regulations consignees must have's Revenue Officer in atten dance when damaged dntiable goods are examined.

⠀⠀ All broken, chisted and

Goodi are to be left in the Godowns where they will be examined on the 24th Feb., 1979, at 9 am. by Mosara. Carmichael & Clark

No Fire Insurance has beam enected Billy of Lading will be i WEB LOXLEY & CO. (CHINA) LED

(146) Kong Kong. 20th 7 cha

F151

All broken, chafed, and damaged goods are to le left in the Godowns, they will be examined on way Tuesday, where they will be examined on any and Fridays between the hours of Tuesdays and Fridays between the 10.55 M. and Noom within the Free hours of 10.46 am, and Noon within

the free storage périod. Storage period

No claims will be admitted after the No Čiauma will be admitted after the Goods have left the Steamer Gedows, Goods have left the steamer's Godown and all Goods remaining agdelivered and all Goods maining undelivered After the 8th Mar., will be subject after the 6th Mar," will be subject to

rent. to Fent,

All Claims against the Steamer must

the be presented to undersigned on or before the 0th Mar, or they will not be recognised. 14 No Fire Jusursoce will be`vitected.

BUTTERFIELD & SWIRE,

Agents

All Olaima against ika Steamer muat be presented to the Undersigned on or before the 20th Mar, or they will not be recognised.

No Fire Duranta will be effected

BUTTERFIELD & SWIRE

m: "Agenis, wor

27th February, 1989.

[168 87th February, 1829.

;

Get the world's good news daily through THE CHRISTIAN SCIENCE MONITOR

An "Interadional Daily Newspaper

Published by

THE CHRISTIAN SCIENCE PUBLISHING SOCIETY One, Norway Street, Boston, Massachusetts Regular reading of Tux ChiAN, SOLENCE MONITOR IN considered, by many a liberal eduestion. Its clean mubiased news and well-rounded editorial features, inclu- ding the Weekly Magazine Beotion, make the MoviTOR. the ideal newspaper: for the home. The prices are: TU. B. Money

1 year $18.00, 6 months $6,30, 9 months $3.00 1 month $100 Wednesday inne, including Magazine Bection: 1 year 12.60, 6. Inwoes 250, and the paper is obtainable at the following location

CHRISTIAN SCIENCE READING ROOM

First Church of Christ, Scientist.

31Mandonsall Bond

a Hong Kon