1939-04-17 — Page 13

HONGKONG DAILY PRESS

BANKS

HONGKONG AND

SHANGHAI "BANKING

CORPORATION

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

Issued & Fully Paid-Up $20,000,000 Ineurporated by Royal Charter, 1853

Authorised Capital

........$60,000,000

£ 8,300,000

Reserve Funds:

Sterling..

Proprietors

A.K. Currency Reserve $10,000,000 Paid-up Capital.................... £3,000,000 Reserve Liability of

Reserve Fund

.£3,000,000- $20,000,000 Reserve Liability of Pro-

prietors...

.£3,000,000 Head Office:-HONG KONG

HEAD OFFICE: LONDON: 38. Bishopsgate EC,2, Sub-Agencies in London; 117/122, Leadenhall Street, E.C.3.

H

Board of Directora. Hon, Mr. A. L. Shields,

W. H. Lock, Esq.,

Chtirman.

Deputy Chairman.

J. K. Bousfeld, Esq., A. H. Compton, Esq., Hon. Mr. S. H. Dodwell,

D. F. Landale, Esq.,

G. Miskin, Esq.,

K. S. Morrison,” Esq.,

Hon. Mr. T. E. Pearce,

H. V. Wilkinson, Esq.,

Sir Vandeleur M. Grayburn,

Amoy

West End Branch: .. 14/16. Cockapur Strest, S.W.I. Manchester Branch:

71, Mosley Street, Manchester.

AGENCIES AND BRANCHES:

CUTE STAINT

HARBIN

PENANC HONG KONG BANGOON ILOILO

81100 IPOR

SEREMBAN KARACHI SHANGHAI

SINGAPORE MITIAWAN

FIRLIE PLACK HUALA CANTON

LUMPUR

ALOR STAR AMBITBAR

BANGKOK.

BATAVIA BOMBJY

Chief "Manager.

CALCUTTA

KLANG

Branches:- 1pch

AGENCIES: KOB"

Penang

• Bangkok

Johore

Rangoon

Batavia

Kobe

Saigon

Rumbay

Kowloon

San

Calcutta

Kuala

Lumpur Shanghai

DELRI...

HALPHONG

Chefoo

Colombo

Lyon's Sourabaya

HAMBUNG BANKOW

17

Foochow Manila

Haiphong Muar

Hamburg

Canton

CAWNPORK CEBU

KUCHING

MADELI

MANILA

MEDAN

NEW YORK

COLUMBO Francisco

London Singapore

Dairen Malacca Bungei

Patani Swatow (Johare) Tientaia Hanko Mukden. Tokyo Barbin New York Tsingtao

Peiping Yokohama

Hongker Iloilo

PEIFING

(Peking)

BOU RABATA

TAIPING

TIENTBIN

TONGIAH

(Bhuket)

TEINOTAQ «YOKOHAMA

BOREIGN EXCHANGE and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or shorter periods in Local or Other Currencies at rates which will be quoted on application Current Accounia opened in

SAVINGS ACCOUNTS also opened in Local Currency and Fixed Deposits Local Currency and Sterling with received for one year or shorter interent allowed at rates obtainable perioda in.. 'Local and other Cur-on application. rencies on terms which will be quoted on application.

Also up to date Safe Deposit Boxes in various sizes To Let. Hong Kong, 13th Mar. 1939.

HONGKONG SAVINGS

BANK

The Business of the above Bank

is conducted by the HONG KONG

& SHANGHAT BANKING COR- PORATION. Rules may be ob

tained on application.

For the HoNG KONG & SHANGHAI BANKING CORPORATION.

V. M. Grayburn,

Chief Manager.

Hong Kong, 25th Feb., 1939.

The Bank's Flead Office in London undertakes Executor and Trustee business, and claima 16- |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

HEAD OFFICE:

18, "PINE STEKET,

NEW YORK.

BANK OF EAST ASIA. AD American Bank offering com-

LIMITED

Authorised Capital ....$10,000,000.00. Paid-up Capital ....... 5,598,600.00 Reserve and Undivided

-2,887,932,01

Profita

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

Board of Directora:

Sir Shauson Chow, Chairman-

Li Koon Chun. Esq. Li Lan Bang, Esq. P. K. Kwok, Esq. WongChuSan, Esq. Wong Yun Tong, Esq. Kan Ying Po, Esq. CbanCbingBhek, Esq. FangPingWab Eq.

plete Foreign Banking Service in the principal Markets of the world.

Interest Rates on Application.

SAFE DEPOSIT BOXES

This Bank is" entirely owned by THE CHASE NATIONAL BANK, NEW YORK, with Resources over

D. M. BIGGAÈ,

U.S. $2,500,000,000.

Kan Tong Po. Esq., Chief Manager: DIATOMITE

Li Tre Foog, Esq., Manager,

Amor

Bataris

Bombay

Calor Lia

Fulphook Jankow

Kohe

Kondiniu

Branches and 4gancias:---

Kowlook

P

Kangoon

Hingapore London

Sourabaya Manlin Salona Swatom Melbourne San Fran- Bydney Kagusta Julvoo Tikslain New York Beatle Vannonver Parle

Semarang Peiples Shanghai

M

on

Every description of Banking and Exchange business transacted. Loans granted

approved securities.

Current Accounts opened in Local Currency and Fixed Deposita re- ceived for one year or shorter periods in Local and Foreign Cur rencies terms which will be quoted on application.

Safe Deposit Boxes To Let

KAN TONG PO,

On

BANK OF CHINA

DEPOSIT TO

BE WORKED

Manager.

The Island of Skye, home of Flora Macdonald and famed for its majestic scenery, is to have an old industry revived.. A leading engineer recently made an extensive survey of the diatomite deposit about 12 miles from Portree, and it has been ascertained that the area in the direct vicinity of Loch

· Culthir contains "750,000 cable yards of diatomite, which is estimated to amount roughly to 300,000 tons.

At present the price of diatomite Chief Monager.ranges from £6 to 230 a ton, and it seems likely that Skƒe will figure prominently in the future production of this material. - An indication

the complete or thoroughness of the research is the fact that 101 boringa baye ́been made and 172 samples have been taken from various depths ranging" from 10 ft. to 42 ft.

Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS ÄN INTERNATIONAL EXCHANGE

"

BANK PAID-UP CAPITAL $40,000,000. DI (BRANCHES ALL OVER CHINA)

A report states that the only uses for which this diatomite a Owing to our numerous Branches unsuitable are filterades and Aller in China and connections in the for rubber. The depoalt principal Commercial Centres of the World, we are able to extend eminently suitable for heat and

SHARE MARKET REVIEW

BY C. AL RICKETT Secretary, Hongkong Sharebrokers. Association

Overshadowed by the trend of» political events in Europs the mar→ ket has been very quiet with a fur- ther decrease in the volume of business recorded for the week. For the most part holders of shares. were inclined to adopt the "walt and see" policy, but there has been more evidence of selling and prices At the are appreciably lower. close the market is lifeless and the transaction of business is difficult.

Wharves were down to $100 and Electrics lost all to $54. Hotels changed hands at $5.30 and Trams at $18. Business has been reported in China Lights down to $8 for the vid shares and $5.10 for the new. There has been exquiry for Yu- mati Ferries and business has been

FINANCE

HONGKONG SHAREBROKERS"

ASSOCIATION

VOLUME"OF BUSINESS TRANSACTED FOR WEEK ENDING.

Wharves

Electrics

Lands

T: autis

Chins, Lights (0) China" Lights (N)

MONDAY, APRIL 17, 1939. -PAGE 13

PRESIDENT LINER

Sailings

FOR SAN FRANCISCO & LOS ANGELES

vis SHANGHAI, Konɛ, YOKOHAMA and HONOLULU

5.S. "PRESIDENT TAFT Ä

Sails Apr. 91at si 800 &.M,

May 8th 41 800° &.M. May 19th at 6:00 AM.

June 3rd at 12" Noom

APRIL 14, 1939

100

882

$100.00

55.25 to

$54.00

--100

13.75

500

16.00

1.423

8.25 to

8.00

1.380

5.25 to

5,30

Providents

750

4.50

BB. "PRESIDENT CLEVELAND *

Yaumati Ferries (0)

438

25.00

"RS." PRESIDENT. PIERCE"

Yaumati Ferries (N)

51

24.00

8.S: ** PRESIDENT COOLIDGE“

Hotels

1,000

5.30

Telephoties (N)

.50

7.00

Dairy Farms Rights.

88. "PRESIDENT CLEVELAND "

50

15.00-

Maruman (H.K.) Itogons

1,500

5/- to

14/9

20,000

Ps. 24

5,000

Ps..34

5.000

Antamoks

Paracale Gumaus

IN SEARCH OF £1,000,000

Ps..141

HYDRO-ELECTRIC.

The Governor of Newfoundland, DEVELOPMENT

Vice-Admiral Sir Humphrey T.

reported at $25 for the old shares Walwyn, arrived in London with IN N. ZEALAND

und $34 for the new.

Gold mining stocks have also ceen dull Except for an occa- sional rally prices have been, in- clined to fall away..

H. K. STOCK EXCHANGE

The turnover during the short session was on a moderate scale.

BUYERS

Hongkong Bank, $1350. Canton Insurance, $222ł. Douglases, $75.

Hongkong Lands, $32 HK. Realties. $4.10. HE. Tramways, $16. China Lights (Old),$7.90. China Lights (New), $5.15. H.K. Electrics, $53. Canton Ices, $1. Entertainments, $6.40.

SELLER'S

HK, Electrics, $54. Telephones (Old), $27}. Marsmans (Lon), 5/-.

SALES.

Providents, $4. HK. Lands, $32. China Lights (Old), $8. China Lights (New), $51/.20. Vibro Piling, $81/.60/.75.

Philippine Gold Mining Quotations Antamoks Pa. 32 Atoks Ps., 30 Benguet Consol. Fs... 11.00 Coco Grove Ps., 33 Demonstrations Ps.. .121 IXL P. 50

Itogons Ps., 24) North Camarines "Ps.. .50 San Mauricio Ps., 1.72 Suyoc Ps., 151

United Paracale Pa., 58

HONGKONG

SHAREBROKERS'

ASSOCIATION

Volume of Business Transacted on Saturday, April 15, 1939

Electrics (14/4/39)

200 $53,50

Wharves (14/4/39)

50 100.00

200

100

H.K. Docks

H.K. Docks

Providents..... Watsons

China Lights (0) Vibru Pliing United Paracale

Antamoks Atoks

Benguet Conso). Coco Grove

an 8. O. S. for £1,000,000 to rehabi- litate the Dominion, which has In New Zealand, 1,485,239 per- been bankrupt since 1933.

Bans, or 93.3 per cent of the total population, inhabit areas in which

with

supply of electricity can be obtained, and the ideal of a supply being available to every home in the Dominion ¡is, therefore, well on a way towards realization.

At Liverpool, where he arrived wife the liner Newfoundland, he said:

"I shall go to the Dominion Secretary. Bir Thomas Inskip, when I get to London. If I can get €1,000,000 or £2,000,000 The largest consumer was re- Newfoundland can make good use cently stated to be a gold mining of it."

company, with a demand of only 3,000 kW. In addition, there is a great deal of heavy tree and bush country, and not a little barren ground.

BIG ORDER FOR MOTOR VEHICLES The biggest order for motor On the other hand, the poten- vehicles ever placed "by a Baltie tial water-power resources a.re State has been placed with a Lan- [very large", and, so far, not more cashire arm, In the face of keen than one-tenth of them, in spite competition from Continental firms, of the figures given above, have the firm has received a contract been utilised. to make 70 chassis and 20 complete Progress must, therefore, follow motor buses for the Riga munici-the lines of the supply creating the pality. The value of the order is demand, as incidentally it has in estimated at £100,000.

Norway and, as Dr. W. M. Thorn- £500,000 ton has pointed out if cheap

Orders estimated at have been received by the firm power can create industry, New since the beginning of the year. Zealand may, in time. perhaps Among these, 'two orders to supply before very long, become one of. vehicles for transport services in the great manufacturing districts Australia total £120,000.

of the Empire..

CONSIGNEES' NOTICES|CONSIGNEES' NOTICES

14

'CONSIGNEES' NOTICE

THE BURNS PHILP LINE.

NORDDEUTSCHER LLOYD BREMEN.

FacK MELBOURNE SYDNEY. T

SALAMAUA, RAHAUL AND

MANILA.

THE M.V.

THE

HE Steamer

"FRANKEN"

having arrived from BREMEN,

·88. " PRESIDENT TAFT"

June 10th at 6:00 AM.

June 30th at 800 A.M.

AND FORTNIGHTLA THERKÄFTER

FOR NEW YORK & BOSTON

via SUEZ

S.S. PRESIDENT VAN BUREN“ Saila Apr. 28th at 19 Noga '98,"PRESIDENT HARRISON”*

May 19th at 1 Noox,,

AND FORTNIGHTLY THEREAFTER

FOR

MANILA

S.S." PRESIDENT CLEVELAND Sails, Apr. 28th at 1:00 AM. S.S.." PRESIDENT PIERCE"

AS "PRESIDENT HARRISON" S.S.PRESIDENT COOLIDGE"

14

May 19th at 1.00 A.M.

May 18th at 12 Noor

1.

May 26th at 9,00 PM.

AMERICAN PRESIDENT LINES

ROUND WORLD SERVICES

12, PRODER ST.

THE

TEL. 28171.

CHINA-SIAM

.HONG KONG-BANGKOK

LINE.

"HIRAM” leaving Hong Kong. 23rd. April via Swatow "

....

HONG KONG-SWATOW-AMOY

m.s. “HAI BING". leaving Hong Kong

20th April Accepting Passengers & Cargo for all the above metioned ports. HONG KONG-SINGAPORE-PENANG-RANGOON Regular Express Service

"HAI BING" leaving Hong Kong. 26th April Accepting cargo for all the above mentioned ports

Excellent passenger accommodation available.

For freight, passage rates and all other information- Apply to`sam. THORESEN & CO., LTD.

Tél. 30237.

General Agents.

Queen's" Building.

HAMBURG and Ports, consignees CONSIGNEES' NOTICES CONSIGNEES' NOTICES

of cargo are hereby notified that their "NEPTUNA."

cargo is being landed at their risk into the godowns of The CONSIGNEES of Cargo are hereby Hong Kong & Kowloon Whart &

that all are dodawa Ltd. landed at their risk into the hazardous delivery can be obtained. and/or extra hazardous Godowns of the Hong Kong and Kowloon Wharf and Golows Co., Ltd,, whence and/or from the wharves Delivery may be obtained. NO FIRE INSURANCE will be

No Claims will be admitted after the affected by us in any case whatever. Goods have left the Godowns; and all Damaged packages must be left in the Goods remaining undelivered after the godown for examination by the con- 22nd Apr, 1939, will be rabject to Beat rigases and the Company's surveyors,

All goods remaining undelivered after the 21st April, 1939, will be subject to rent

Ogee must have a Revenue

All Olaims against the Steamer must Mesars. Anderson & Ashe, at 10 s.m. an be presented to the Undersigned on or the 20th April, 1939. before the 8th May, 1839, or they will not be recognized.

To comply with the General Bonded datiable goods are examined by the Warehouse Regulations, consignees must Company's surveyors..

in attendance when damaged

15.60 bave Berenne Officer in attendance No claim will be admitted after the 15.50 when damaged dutiable goods are goods have left the godown and ail claims must be presented within Two 500 4.00 examined 100 7:00 100

200

All broken, chafed and damaged Goods Weeks of the ship's arrival here, after are to be left in the Godowany where which data they will not be recognised. they will be siamined on the 31st! Consignees are requested to surrender Apr., 1939, at 10 AM, by Mezun, their Bills of Lading to the undersigned 1,500 P& 0.60 Goddard and Douglas.

for countersignature.

8,00 6.60

PHILIPPINE GOLD MINING QUOTATIONS

No Fire Insurance has been affected. Bill of Lading will be sountersigned

by

Centavos

32

{#IĦB, LIVINGSTON & Co., LTD.,

Agenta Hong Kong, 14th April, 1938. [306

30-

11

33

BERVICES CONTRACTUELE DES MESSAGERIES. MARTTIMES

121

241.

CONSIGNEE NOTICE.

Paracale Gumaus *

134

Ban Maurico

1.72

Buyce Consol.

151

United Paracales North Camarines

Demonstrations. Itogons

I. X. 12

Market Comment.--Fasier.

ss

50

THE RAUB AUSTRALIAN "GOLD MINING COMPANY, LIMITED. (Incorporated in Queensland) Statement for Quarter Ended Feb. 25, 1939. (Consisting of Three Four-Weekly Periods) Battery: Tonnage of Ore raised

8.8. JEAN LABORDE" 10′A/39.

BRINGING CARGO Fix" MARSEILLES vis SAIGON, etc.

ARRIVED HONG KONG OF

MELCHERS & CO., Agenta: NORDDEUTSCHEï Laoyd, BaxxKI) - Hong Kong, 14th April, 1999.

(30%

NORDDEUTSCHER LLOYD'

• DREMAN.

THE Motor ship

*** REGÉNSBURG",

aving arrived from BREMEN, HAM. BURG and Ports, Consignees of cargo are hereby notified that their cargo la being landed at their riak into the Goi downs of the Hong Kong and Kowloon

and Godowa Co.,

WEDNESDAY, 928 18TH APR. 1989. whers Delivery dan Le obtained, Blous

All Goods rammning undelivered after the 21st April. -1979, will be, waljøet. YONSIGNTES are bareber informed to Bent.jp

that their goods with the exception No Fire Laurasca

sts will be affecte

of Opfam, Tressure and Valuables are as to any quang hatever. Mkuta being landed & stored into the Godowns Damaged Packages must be left in the of the Hong Kong, Kowloon Wharf Godown for examination by the Con & Godown Co Lid, Kowloon, whence gases and the Company Bayeyors, delivery may be

to our Clients special facilities for sound insulation, as "en abrasive 15212 tons; No. of Qurces at Bul- after landintained immediately Monero. Anderson & Ashe; ut 10 m.mag

Domestic and Foreign. Baaking and Exchange.

Head Office: SHANGHAI Hong Kong Bronch:

4, QUEEN'S ROAD, C. South China Offices: ·

'CANTON

KONGMOON TOISHAN

SWATOW SHIUCHOW KINGCHOW

lion produced 4,021 ounces; No. of Ounces of Fine Gold recovered 3.765 ounces

for car polishes for which fresh water diatoms are particularly auftable, as an absorbent and a a decolorising agent, as a filler In

Re-Treatment Plant: No, of such circumstances where ita iron Tons treated 21,881 tons; No. of content would not be disadvan-Ounces of Bullion produced 2,443 tageous, and as a medium for ounces; No. of Ounces of Fine Gold improving the workability of con recovered. 1.922 ounces crota

£42,429 Sterling

the 20th April, 1989. 12

All claims must be sent in to 1 me op Consignees must hard & Revenue. or before the Zard April, 1939, or Officer in tendance when damaged they will not be recogelted. And he dutiable goods are, examined by the

Damaged Package will be examined Company's surveyors.

Goddard de Douglas in the presence of Goods have left the Godown and all by the Company's Surveyor, Messrs. No Claim will be admitted after the the Consignees at 10:00 am on Tuos claims must be

urriyal hers, after

the 18th April, 1989. Weeks of the gated within Twe Bonaigrices are here Borrione which date they not be recognised,

We also handle thé "Issue of This deposit was worked on Value of Gold from a sources Officer in attendance when any dutiable el Consignees are requested to surrender

Bonds and othez Public Funds of very large scale 50 years ago, but

goods are mamined by the Company's their Bill of Lading to the Undersigned Burveyors.A

for Caps Consignatu No Fies uzace will be effected by

MELOHERS E 00. us fin, anyone whatever.

NOEDDEUTSCÍna Ltoro, BeeCEN Hong Kong, 14th April. 1980,

the Chinese Government both to account of the lack of drying Home and Afroad.

facilities and the impassibility of NIL SHOU JOHEN, transportation, the venture was

Manager, not a success.

Workmg Costs £23,691 Sterling. Capital Expenditure (special

Mine Pront for Quarter Cubject

ARAOHL

to Depreciation) £18,738 Sterling Hong Kong, 19th April, 1999

NOTICE TO CONSIGNEES

OCEAN STEAM SHIP CO., LTD. AND

CHINA MUTUAL STEAM " NAVIGATION CO., LTD.

10N8IGNEES per Co.'s Tessel

"MENESTHEUS,"

FROM UNITED KINGDOM

VIA SINGAPORE

from

HAMBURG-AMERIKA EDUIR

NOTICE TO CONSIGNEES.

THE MS.

"KULMERLAND

barng arrived from Hamburg and · Forts 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, & are hereby notified that their cargo Godown Company's godowns at Kowloon, will be discharged into Holt's Wharf where delivery may be obtained sa soon Kowloon, where it will lie al consignees as the Goods are landed, wa

the God se landed not be landed risk and subject to terms and condi tions of storage at Holt's Wharf. The tere, unless Notice has been given 48

hours Cargo will be ready for dea

prior to

bat carried Veanel's arrival, Godown on and after 19th

on from port to port to the final

port Optional cargo will not be innded of call to which the option extanda. kere, unlena notice bas been given prior No Claims will be admitted miter the to steamer's arrival but carried on Goods have left the Godowns, and all from port to port to the final port of Goods remaining undelivered after the call to which the option extends. 20th April, 1638, will be subject. to

All broken, chafed, and damaged Rent. goods are to be left in the Godowns, All broker, chafed and damaged Gooda where they will be examined on any are to be left in the Godowas, where Tuesdays and Fridays between the they will be examined on 19th April, hours of 10,45 sm, and Noon within 1-3, at 10 am, by car Surveyor, the free storage period, to

Messze. Goddard & Douglas. No claims will be admitted after the To comply with the General Bonded Goods have left the steamer's Godown, Warehouse Regulations consignees must and all Goods remaining undelivered have a Revenue Officer in attendance after the 9th April, will be subject to when damaged dafiable goods are rent

examined.

All Claims against the Steamer must An Claime mart reach us before the he presented to the undersigned on or 20th May, 1959, or they will not before the 4th May, or they will not be recognited.

No Insurance will be affected.- be recognised. N

Bills of Lading will be countersigned by

JEBSEN & CO., Agenta,"

No Fire Insurance will be effected. ** BUTTERFIELD & SWIRE,

13th April, 1989,

Agenta.

[300] Hong Kong, 14th April, 1938.

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