1939-04-24 — Page 13

HUNGKONG DAILY

PRESS

BANKS

HONGKONG AND

SHANGHAI BANKING

CORPORATION

Authorised Capital $50,000,000 | Tasued

THE

CHARTERED

'BANK OF INDIA,

AUSTRALIA &

CHINA

Fully Paid-I'p $20,000,000 Incorporated by Royal C'hurter, 1853

Reserve Funds:

Sterling ring ........£ 6,500,000

H.K. Currency Reserve $10,000,000 | Fald-up Capital... £3,000,000 Reserve Liability of

Proprieters

Bead Office:-HONG KONG

Hon. Mr. A, L. Shields,

"Board of Directors.

W. H. Lock, Esq.,

Chairman

Deputy Chairman.

Reserve Fund

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

prietors....

€3,000,000 HEAD OFFICE: LONDON: 38. Bishopsgate EC.2. Sub-Agencies in London: 117/122. Leadenhall Street, EC.3. West End Branch: 14/16. Cockspur Street, 8.W.1. Manchester Branch: 71, Mosley Streek, Manchester.

AGENCIES AND BRANCHES: ALOR STAR

HARBIN "

PINANG AMBITRAR HONGIONG BANG00 BANGKOK

J. K. Bousfield, Esq., A. H. Compton, Esq., Hon. Mr. 8. H. Dodwell,

D. F. Landalt, Esq.,

G. Miskin, Esq.,

K. S. Morrison, Esq.,

Hon. Mr. T. E. Pearce,

H. V. Wilkinson, Esq.,

Sir Vandeleur M. Grayburn,

Chief Manager.

HATAVIA BOMBIY

CALCUTTA

SAIGON

SEREMBAN SHANGHAI SINGAPORE

ILOILO IPOH

KARACHI LANG

O SITIAWAN

KUALA

ZUMPUR

KUCHING

AGENCIES: KOBA CLIYE STREET FAILI PLACK

COLOMBO Francisco

Branches:-

Amoy

Ipoh

Penang

CANTON

Bangkok

Johore

Rangoon

CAWNPORE

Batavia

Kobe

Saigon

Bumbay

Kowloon Son

CKBU

Calcutta

Kuala

Canton

Lumpur Shanghai

DELHI

Chefoo

London Singapore

HAIPHONG

Colombo

Lyons

Sourabaya

Dairen Malacca

Foochow

Manila

Sungei

Pataci

HAMBURG HANKOW

Haiphong Muar Swatow Hamburg (Johore) Tientsio

Mukden Tokyo New York Tsingtao Peiping Yokohama

Hankow

Harbin

Hongkew Iloilo

MADRA

MANILA

MEDAN

NEW YORK PEIPINO

(Peking)

BOURABAYA TAIPING

TIENTEIN

ТОМСКАЯ

(Bhuket) TSINGTAO YOKOHAMA

FOREIGN EXC sad deneral

Banking Business transacted.

CURRENT ACCOUNTS opened and: FixED DEPOSITS received for One Year or shorter periods in Local or Other Currencies st rates which will be quoted on application. Accounts opened in SAVINGS ACCOUNTS also opened in Local Currency and Fixed Depoalte Local Currency and Sterling with received for one year or shorter interest allowed at rates obtainable periods in Local and other Cur-on application. rencies on terms which will be quoted on application.

Current

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

& SHANGHAI BANKING COR- PORATION. Rules may be ob

tained on application.

For the HONG KONG & SHANGHAI BANKING CORPORATION.

V. M. Grayburn.

Chief Manager.

Hong Kong, 28th Feb., 1938,

BANK OF EAST ASIA, LIMITED

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

Profits

The Bank's Bead Office in London undertakes Executor and Trustee business, and claims re- covery of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.

R. A. CAMIDGE,

People - Army Co-operative Societies

HUNAN CITIZENS”. GOODWILL

Welfare Of Chinese

Soldiers

FINANCE

HONGKONG SHAREBROKERS'

ASSOCIATION

VOLUME OF BUSINESS TRANSACTED FOR WEEK ENDING

H. K. Banks

Union Banks

Wharves

Hotels

MONDAY, APRIL 24, 1939. --PAGE 13

PRÉSIDENT LINER

Sailings

FOR SAN FRANCISCO & LOS ANGELES

via SHANGHAI, KOBE, YOKOHAMA and HONOLULU S.S. "FRESIDENT CLEVELAND" Sails May 5th at 12.01 A.M. 38. "PRESIDENT PIERCE"

May 19th at 12.01 A.M.

APRIL 21, 1939."

10

.50

56

*$1,360.00 453.00

99.00 to

$100.00

Electrics

200

53,60

H.K. Dock's

400

15.50 to

Lands

276

32.00 to

18.50 33,00

Telephones (0)

500

21.50

++

Telephones (N)

450

7.00-

Star Ferries

50

63.00

Trams

S.S." PRESIDENT COOLIDGE" SS. "PRESIDENT TAFTV

June 3rd at 12. Noon

"ነ

June 18th at 18.01.A.M,

700

15.90 to

18.25

500

5.00

Providents

2.000

4.00 to

4.35

Raubs

1,000

8.55

3.S. "PRESIDENT CLEVELAND " S.S."FRESIDENT PIERCE"

AND FORTNIGHTLY THEREAFTER

June 30th at 19.01-A.M.

11

July 14th at 12.01 A.M.»

Underwriters.

500

1.30

China Lights (0)

644

7:70 to

8.50

Cements

100

12.00

Watsons"

100

7,00

Vibro Piling"

700

6,50 to

#7.00

1,000

4.00

1

560

1.00

300

$.56

H.K. Mines

5,000

0.04

San Mauriclo

20,000

Ps. 0.92 to

Itogons

5,000

Ps, 0.25 to

P. 0.94 Ps. 0.22

Surigao Consol.

10,000

Ps. 0.20

Coco Grove Suyocs

15.000

P3, 0.32.

of

1,000.

Ps. 0.18.

Consol, Mines

250,000

'Ps, 0.0025

Now a veritable concentration camp of Chinese soldiers, Hunan— buffer province between the Cen- tral and South China war zones— is thriving with people-aTY CO- operation organizations with the people as the motivating power behind the morement.

Within a month after the esta blishment of the first People-Army Co-operation Society, 60 similar or- i ganizations sprang up in places in the province where Chinese troops come and go.

The Society was frst established at Chuchow, 30 miles south Changsha, the Hunan capital as ал expression of the citizens' goodwill toward the army fine dis- cipline of various troops passing through this

railway junction being the inspiration.

SERVICES TO ARMY With one of the city's elders

serving as secretary-general, the

Society is offering many services

to the arms. For instance, when

ever troops arrive at the place,

Realties

Powells Entertainments

U.S. COTTON EXPORT

g

H. K. STOCK EXCHANGE

Saturday, Apr. 23. The steady tone of the market

President Agrees To reported yesterday continued dur- Two Cents Subsidy predominating and prices show

WASHINGTON, April 23 (Reu-ing a further advance.

Sales

delegates are sent to their com- troops' requirements. manding officers to find out theter-That Fresident Roosevelt were reported in Banks at $1365, has agreed to the cotton export Hotels $5.20/54. Docks at $164, proposal, providing for payment Providents

If help is needed for trans- portation, the secretary-general and his assistants will then visit labour unions to make the necessary arrangements. This kind of arrangement is in- Tarlably quickly made owing to the willingness of the people. to serve and the prompt pay ment for the labour by the

army.

at

$41/4.80 and of a subsidy of about two cents Cements at $12.90 and Electrics per pound on and up to seven mil-at $55. Ron bales on this year's cotton crop, was announced by Senator. Bankhead,

The subsidy would be paid by the Secretary of Agriculture dur- ing the 12-month period" starting | on August 1. 1939.

Exporters could take payments: Before the troops reach the next in either cash or cotton from loan station, delegates of a similar or-stocks; loan cotton, received as Manager.ganization are ready to meet them. payments, could not be disposed

taking over the work commenced of until after January 1, 1940. by the first society.

THE CHASE BANK

13, QUEEN'S ROAD CENTRAL

HEAD OFFICE:

18, PINE STEKET,

NEW YORK.

An American Bark offering com- plete Foreign Banking Service in the principal Markets of the world. Interest Rates on Application,

M

SAFE DEPOSIT BOXES

2,883,932.01 This Bank is entirely owned by

THE

CHABE NATIONAL BANK, New York, with Resources Over U.B. $2,500,000,000.

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

Board of Directors:

Sir Shouron "Chow, Chairman

P. K. Kwok, Esq.

Li Koon Chen, Esq. Li Lan Sang, Esq. WungChuson, Esq. Wong Yun Toog, Esq. Kan Ying Po, Esq. ChanChingShek, Eat Fung PingWah Esq.

Kan Tong Pq, Esq., Chief Manager. Li Tee Fong. Esq., Manager.

Andy Katarin

Bombay Calcutta Haiphong

Hanrow

Henololu Kobe

Brunches and Agencies :--

Kowloon Panana Ядрарего London

Hantous Sourabaya Manila Balgon Bwalow Melbourne Ban Fran. Sydney Nagasaka glass Tientsin

Vancouver

New York Beatle

Pelplog

- Bemarang Shangbai

Every description of Banking and Exchange business transacted. Loans granted Op approved securities.

D. H. BIGGAR,

What

Manager.

do you want?

If there is anything you

want to buy or sell, try Classified

1

. small advertise-

ment in the Hong- - kong Dally Press. "

*25 words $1.00 prepaid

for 3 insertions.

Current Accounts opened in Local CONSIGNEES' NOTICES Currency and Fixed Deposits re- year or shorter

ceived for one periods in Local and Foreign Cur rencies on terms which will be quoted on application.

Safe Deposit Boxes To Let

KAN TONG PO,

Chief Manager.

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 namerous 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.

Head Office: BHANGHAI Hong Kong Branch:

4, QUEEN'S ROAD, C.

South Chine Officer:

NORDDEUTSCHER LLOYD BREMEN.

Case

of

WELL LOOKED AFTER Individual officers and soldiers on leave are well looked after by these organizations. New arrivals are provided with guldes. In the wounded soldiers, the first-aid department assigns stret- chers to them. Uuder each society are also an enquiry department, a purchasing department foodstuffs department to attend to the Yarious requirements of the

army.

NEW PLAN

The new plan, which is sup. ported by all but two members.. of the Southern Cotton Bloc In the Senate, will be attached to the Agricultural Appropria- tions Bill, which is now pend ing in Congress, according to Senator Bankhead, "

Most of the Southern Senators plan, because they feared it would and a opposed the President's original

lower cotton prices and thus force a large amount of the new crop under Government.

"Promoting friendly relations between the army and the people through services" is one.. of the popular slogans of the society.

GOLD RUSH TO UNITED STATES

Three Main Streams Of Export

LONDON, April 22 (BWSY- Large gold shipments to the United States are taking place. Nearly £20,000,000 left Eng- lish ports yesterday bound for New York, one liner carrying

€9,000,000.

Senator Bankhead said that the new proposal "reverses the pre- vious method and should keep the hew crop out of the loan. I ex- pect the American price to be stablished at around nine cents per pound.".

af

Gas-FilledTM Rubber

ป

USE IN AIRCRAFT MANUFACTURE

The

the

de

BUYERS Hongkong Bank, $1355. Canton Insurance, $220. Douglases, $78.

H.K. Steamboats, $15. HK. & K. Wharves, $100. H.K. Docks, $16).

H. & S. Hotels, $540,

H. K. Lands. $33,

H. K. Realties, $3.90. HK. Tramways, $161. Star Ferriea, $65." Telephones (Old), $21. Canton Ices, $1. Cements, $127,

Dairy Farms, Ex, Rts., $201. Dairy Farms Rights, $141, Entertainments, $34.

H.K. Govt. 4 per cent Loan 3

per cent prem.

HK. Govt. 31 per cent Loan,

par.

SELLERA Hongkong Bank, $1370. Providents, $4.65. HK. Lands, $34.

SALES Hongkong Bank, $1365. HK. Steamboats, $16. HK. Docks, $161. Providents, $4.50/.60.

H. & K.-Hotels, $5.20/.50. China Lights (Old), $8. China Lights (New), $3.40. H.K. Electrics, $55... Cements, $12.90.

PHILIPPINE GOLD MINING QUOTATIONS

Antamoks, 32

Atoks, .30

Benguet Consolidated, 11.60 Coco Grove, .33

IXL 54

Itogons, .23

#

North Camarines, 45 San Mauricio, .93 United Paracale, .8i

HONGKONG

SHAREBROKERS:

ASSOCIATION

Volume of Business Transacted on Saturday, April 22, 1939.

production by Havilland Company of a hollow wing for the Moth Minor, to which reference was made recently in Further big shipments are ex-The Times," has been possible pected to-day and in the early by the adoption of a new form part of next week.

gas-filled rubber, known These movements are connected technically as expanded rubber. with the unsettled political condi- This substance, which is more tions arising from recent events in properly -& gas-filled ebonite, Europe.

promises to play a large part in, Hotels In five weeks since the German aircraft engineering and to serve Providents annexation of Czechoslovakia, gold a wide variety of purposes. A China Lights (0) exports from the United Kingdom soft rubber, made with the same China Lights (N) to the United States have agree-cellular characteristics, has another Electrica gated £112,000,000.

Trams set of applications. "Writers in the financial press having arrived from BREMEN.

For the moment the aircraft | Itogons HAMBURG and Torte, consignees divide the flow into three main industry is more interested in the of cargo are hereby notified that streams-the conversion of gold hard rubber because it can be their cargo is being landed at held in London on account of moulded into all forms, its density their risk into the godowns of The hoarders into dollars, the transfer is much below that of cork, it is Hong Kong & Kowloon Wharf & of a proportion of official reserves impervious to molature, it is not Godown Co., Ltd., Kowloon, Where and the movement of liquid capital attacked by insects, and it has delivery can be obtained.

to the United States..

«remarkable qualities as an insulator|

against cold.

THE Steamer

THE "ONEISENAU "

All goods remaining undelivered after the 29th April, 1999, will be subject to rent.

NO PIRE INSURANCE will be effected by us in any cas whatever.

Damaged packages most be left in the godown for examination by the con- ignees and the Company's surveyors,

ears. Anderson & Atho, at 10 am. of Consigness must have a Revenue the 28th April, 1939, Officer in attendance when damaged dutiable goods are examined by the Company's surveyors.

RESERVES INCREASED NEW YORK, April 22 (Reu- ter)-Gold reserves in the United States increased by U.S.$175,000,000 last week, as a result of the flight from Europe..!

A further.. U.S.$45,000,000 is expected in various Hiners to- day.

#

The secret of this last charac teristic is that the gas with which it is impregnated is nitrogen, ap inert gas, and that every globale of gas is separate from the others, each being surrounded and con- tained by a rubber skin..

$5.50

FOR NEW YORK & BOSTON

VÍA SUEZ

S.S.PRESIDENT VAN BUREN" Sails Apr. 28th at 12 NOON 3.8.PRESIDENT HARRISON "

May 19th at 13 Noor

AND FORTNIGHTLY THEREAFTER

FOR

MANILA

S.S." PRESIDENT CLEVELAND' 8.S." PRESIDENT PIERCE" S.S."PRESIDENT HARRISON " 5.S. PRESIDENT COOLIDGE “

Sails Apr 28th at 1:00 A.M.

May 19th at 1.00 A. M.

May 18th at 12 Noos

May 26th at 9.00 P.M.

14

AMERICAN PRESIDENT LINES

ROUND WORLD SERVICES

12, PEDDER ST.

THE

TEL. 28171.

CHINA SIAM

LINE.

April via Swatow

HONG KONG-BANGKOK

leaving Hong Kong BNOG KONG-SWATOW-AMOY

18. "HIRAM”

Accepting Passengers & Cargo for all the above metioned ports.

HONG KONG

SINGAPORE — PENANG-RANGOON Regular Express Service

DLS. "HAI HING" leaving Hong Kong

28th April

Accepting cargo for all the above mentioned ports.

Excellent passenger accommodation available.

For freight, passage rates and all other information-Apply fu:-,

THORESEN & CO., LTD.

Tel. 30237.

General Agents,

Queen's Building..

CONSIGNEES' NOTICES CONSIGNEES' NOTICES

COMPAGNER, DES MESSAGERIES MARITIMES.

CONSIGNER NOTICE.

S.S. SONTAY 5%E0%

BRINGING CARGO FROM

SILVER LINE.

NOTICE TO CONSIGNEES

From

NEW YORK & SAN FRANCISCO.

DUNKIRK VIL HAIPHONG etc. TE Motor Y

"SILVERTEAK"

ARRIVED HONG KONG ON baving arrived from the above Ports on WEDNESDAY, THE 19TH APR, 193919th instant, Consigneen of Cargo are

www.

hereby informed that their Goods are being landed at their risk into the Go- ONSIGNEES are hereby informed downs of the Hong Kong and Kowloon that their goods with the exception Wharf and Godown Company, Limited, of Opium, Treasure and Valuables are Kowloon, and stored at Consignees risk being landed & stored into the godowns and expense. of the Hong Kong Kowloon Wha-f and Gedown Co. Ltd., Kowloon, whence delivery may be obtained immediately after landing.

All Claims must be sent in to me or or before the 29th April, 1939, or they will not be recognized.

Damaged Packages will be examine

All broken, chafed, and damaged Goods are to be left in the Godowns, where they will be examined on Tuesday, 25th instant, st 10a.m.

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

by the Company's Burveyors, Messrv.No Claims will be admitted after the the Consignees at 10.00 Goddard & Donglas in the presence of Goods have left the Godowns, and all ou Goods remaining undelivered after the Tuesday, the 26th April, 1939. ... 28th inat, 1939, will be subject to

Rent

3,300+

Consignees must have, a Bevenue Officer in attendance when any dufiable goods are examined by the Company' 4.50 Burveyors. ***-

No Fire Insurance will be affected by

1,500

1,000

500

8.40

1,000

5,40

100

56.00

200

16.50

10,000 P1.0.23

pa in my case whatever, they migh

R. OHL,

Agent." Hong Kong, 18th April, 1939.

[329

PHILIPPINE GOLD MINING QUOTATIONS Saturday, April 22, 1939-

Antamoks

Atoks

Benguet Consol

Coco Groye

I. X. L./.....

San Mauricio

United Paracales North Camarines

by

No Fire Insurance has been effected, Billa of Lading will be countersigned

FURNESS (PAR EAST), LTD."

2nd Floor, Hongkong & Shanghai Bank Building. Dials 23165 & 23169.

Hong Kong, 19th April, 1989,

TRADE BETTER, SAYS HOARE

Centavos

32

301

11.60

33

54

£3

81

Sir Samuel Boare, the Home"

·Secretary, said that trade and Industry were on the up grade, "I base by opinion," "he" de- clared, "pot on theory or unfounded optimism, - but on

Market Comment-Quiet.

the signs of the times."

(317

which, a system under

without interference with our respective Sovereignties, the British Com monwealth

might tare united action quicker than had been possible in recent times.

Speaking of the forthcoming

"I further belleve, he said, visit of the King and Queen- to "that there has been a definita Canads, Sir Samuel said, change for the better in the last see the Crown not only as the symbol of Tamperial unity, but also

OTTAWA-With changing me-six weeks, thods of transportation Canadian EDMONTON—A load of aptrapping laws have had to be al from political alarms and excure."

"If the world can free itself as the symbol of dignity in human No claim will be admitted after the

proximately 800 pounds of mall tered to prevent the wholesale atons, we might be embarking on goods have left the godown and 28. SAINT JOHN--Used In the was recently delivered here. by a destruction of furbearing animals one of the greatest chapters of claims must be presented within Two manufacture of artificial pearls Trans-Canada Air Lines-plane and in Canada's northlands. Werks of the shrp's rival here, after and pearl handler for knives, the picked up by a ski-equipped alr-aeroplanes by trappers has been of us has ever seen." **

Production of natural gas In Use of prosperity for the world that any Canada during 1938 totalled 33,189,- which date they will not be recognised.

Consignees are requested to warrender scales of lowly herring have prov craft for delivery to the various limited in the Dominion only to

466,000 cubic feet as compared with We also handle the issue of their Bill of Lading to the undersigneded a boon to Canadian fisher-outposts of civilization to Cana- transportation between the points luncheon of the Canadian Cham Is

Sir Samuel was speaking at 22,380,991,000 cubic feet Bonds and other Publis Yands of for countersignature.

men. Herring scales which a few da's northland, The mail

December was of outntting and the trapper's base ber of Commerce in London. the Chinese · Government both at

years ago were considered as mainly for members of the Royal camp. This prevents the use of The time was paat, he said, 000 cubile feet

output amounted to True and Abroad.

waste materials have benented Canadian Mounted Police and for aeroplanes in the operation of when the Dominions were nervous 3,364,385,000 tos New Brunswick fishermen in 1938 trappers and miners in the re- numerous trap lines over an ex-of Whitehall control or Instience, month but wils to the extent of $12,100,

mote northern territories,

tensive ares.

The next problem was to develop from the similar period in

CANTON

KONGMOON SWATOW

TOISHAN SHIUCHOW KINGOHOW

MELCHERS & CO., Agenta: NORDDEUTSCH-Loro, Bazar. 'SHOW' J. ONEN, Hong Kong, 12nd April, 1999.

Lanager

[32

・

1937

the