1939-05-11 — Page 13

HONGKONG DAILY PRESS

BANKS

HONGKONG ÄND

SHANGHAI BANKING

CORPORATION

Authorised Capital $50,000,000

THE CHARTERED BANK OF INDIA, AUSTRALIA &

CHINA...

Issued & Fully Paid-in $20,000,000 | Incorporated by Royal Charter, 1853

Reserve Funde:

Sterling

.....£ 8,500,000

H.K. Currency Reserve $10,000,000 Paid-up Capital ................................ Reserve Liability of

£3,000,000

Reserve Fund

£3,000,000

. Proprietors

$90,000,000 (Reserve Liability of Pro-

prietor.....

€3.000.000

Head Ofce-HONG KONG

Board of Directort.

Hon. Mr. A. L. Shields,

W. H. Lock, Esq.,

Ch sirman.

Deputy Chairmas.

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. Crayburn,

HEAD OFFICE: LONDON; 38. Blahopsgate. E.C.2. "Sub-Agencies in London; 117/122. Leadenhall Street, EC.S. West End Branch: 14/16, Cockapur 'Street, 8.W.1. Manchester Branch: 71, Mosley Street, Manchester.

...

AGENCIES AND. BRANCHES: LOB STAR HARBIN PENANG AMRITSAR

HONG LONG KANGOON BANGKOK

ILOILO SAIGON RATAVIA

IPOK BOMBAY

CALCUTTA

KARACHI KLANO

AGENCIES: KORS

CLAVE ST**** FAILI PLAC KUALA

CANTON

LUMPER

Chief Manager.

Branches:-

Amoy

Ipoh

Penang

Bangkok

Johore

Rangoon

GAWNPORE

KUCHING

Batavia

Kobe

Saigon

Bombay

Kowloon San

CEBU

MADRAS

Csicutta

Kuala

Francisco

COLOMRU DELHI

MANILA

MEDAN

HAIPHONG

HAMBURG RANKOW

NEW YORK PELPING

Canton

Chefoo

Lumpur Shanghai

Singapore

London

Colombo Lyons. Sourabaya Dairen Malacca Sungei Foochow Manila ..Patani Haiphong Muar Swatow Hamburg (Johore) Tientsin. Hankow Mukden Tokyo Harbin New York Tsingtao Hongkew Peiping Yokohama Iloilo

(Peking)

SEREMBAN BHANGHAI

SINGAPORI SITIAWAN BOURABAYA

TAIPING TIENTSIN

TONGLAX

(Bhukat)

TSINGTAO YOKOHAMA

FOREIGN 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 Accounta opened in SAVINGS ACCOUNTS also opened in Local Currency and Fixed Deposits Local Currency and Sterling with received for one year or aborter interest allowed at rates obtainable periods in Local and other Cur-on application. rencies on terms which will be The Bank's Head Office in quoted on application.

London undertakes Executor and. Also up to date Safe Deposit Trustee business, and claims re Boxes in various sizes To Let Hong Kong, 13th Mar. 1839.

HONGKONG SAVINGS

BANK

The Business of the above Bank

is conducted by the HONG KONG

& SHANGHAI BANKING COR- PORATION.

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

R. A. CAMIDGE,

"

The

H. K. STOCK EXCHANGE

market continued firm thoughout the morning trading with a fair turnover recorded at slightly higher than buying rates

BUYERS

Hongkong Bank, $1350.

·Canton Ins., $225.

Union Ins., $435.

HK. Fire Ins., $180. H.K. Whaves, $100. ILK. Docks, $17. Providents, $4.55. H.K. Hotels, $51. HK. Lands, $33. Humphreys, $71." Star Ferries, $65. Yaumat Ferries, $22.60. China Lights (New), $5Į. Macao Electrics. $16.60. Randakan Lights, $12. Telephones (0), $231. Canton Íces, $1.

Cements, $12.

HK. Ropes, $3.65.

Dairy Farms Ex Rts., $20. Dairy Farms Rts, $15. Watsons, $7.65.

Wing On (HK.), $48. Entertainments, $81.

"H.K. Govt, 4% Loan 31% prem."

H.K Govt, 31 Loan par.

SELLERS

Canton Ins., $235..

China, Lights (N), $5). H.K. Electrics, $56. Telephones (0), $24.

SALES

Hongkong Bank, $1365/62). Union Ins., $440/37). H.K. Hotels, $5.55. H.K. Realties. $4.35. H.K. Tramways, $16): China. Lights (N), $51. HK Electrics, $561. Cements, $12}). Watsons, i...

H.K. Govt. 4% Loan 4% prem. PHILIPPINE GOLD MINING

QUUTATIONS

Antamoks

Atoks..

Centavbe

31

31

24f

FINANCE

RECONSTRUCTION WORK IN CHEKIANG: INCREASE IN FOODSTUFFS PRODUCTION

reconstruc

KINHWA, May 10 (Central)-Productive and tive work in these parts of theklang province, which are still under Chinese control, is forging ahead in spite of the war. Following the Japanese occupation of the industrial centres slong the Shanghal-Hangchow, Railway in northern Che- klang, the provincial

Gul- dance Bureau to direct the establishment of new. and Im- provement of old. workshops for the making of daily neces

arles, in the "free" areas,

authorities formed a Handicraft

So far, three important work-pected, some 100,000 mow of land shops have been established, one will be devoted to the plantation situated a Yunho, in southwest of mulberry trees, Cheklang. is turning out large quantities of cotton piece and gauze,

goods

TEA PRODUCTION

A second at Lishut. Similarly, aince Cheklang's tea- northeast of Yunho, produces producing centres in Hangchow alcohol, candles, and sweet potato and other places are now in Jap- powder, while the third is a paper

anese hands, new centres lor mill at Lungchuen, west of Yunho this product will be developed in near the Fuklen border.

the Chinese-controlled areas in the province.

It is planned that A totai of 5,000 mow of land at Els- hut, Sungyang and Hsuanping` will be devoted to the plant- mg of tea. In this tion, a tea-production co- operative society wilt be form- ed to give technical guidance to the producers.

connec

FOOD PRODUCTION Special attention is being

para to the increase of foodstura pro- duction (12 the province. Re- clamation" units and cooperatives Bre formed to encourage the people to develop tracts of waste land Already more than 70,000 mow of uncultivated land in Lung- chuen, Yunho, Chingling. Sul- chang, Chinyuan, Tsingtien, and

As regards the production of Lishul have been reclaimed and

un, about 200,000 mow of unde- ate growing various kinds of crops in the "free areas" for the pur- veloped land will be marked off.

די

Financial assistance in the

form of credit loans is given by the provincial authorities seeds to the farmers to buy and fertilizers.

ג

pose,

in the field of

reconstruction,

rapid strides have been made in the development of the province's highway. radic and telephonic increase communications. A number of completed

Besides the efforts to Cheklang's production, the pro- new roads have been vincial government is also laying and thrown open to public trame, great emphasis on the Improve- Seven new radio stations have ment" of the province's special been established and nine others products. such as suk, tea and which are now uider" construction tung oll"

are expected to be completed by The fact that Cheklang's silk- June and July this year. When producing areas in Hangchow, all are complèted, the number Kashing, and Huchow are now of radio stations in the province under Japanese control causes no will be increased to 29. anxiety to the provincial author- Twenty-three new ties as they are now planning nes linking important cities have

.".

to set up a new centre in the been installed. 11.60 "free" region, where, 1+

Bagulo Gold

Manager.

Benguet Consul.

Coco Grove

35

"THE CHASE BANK

Consolidated Mines

003

$2

Paracale Gumaus

16)

San Mauricio.. United Paracale

1.09

59

Rules may be ob 15, QUEEN'S ROAD CENTRAL

tained on application.

For the HONG KONG & SHANGHAI

BANKING CORPORATION.

V. M. Grayburn,

Chief Manager.

Hong Kong, 25th Feb., 1839. BANK OF EAST ASIA LIMITED

Authorised Capital ....$10,000,000.00 | Paid-up Capital

5,508,800.00 Reserve and Undivided

Profits:

HEAD OFFICE:

18, PINE STREET,

NEW YORK.

An American Bank offering com. plete Foreign Banking Service 10 the principal Markets of "the world.

Interest Rates on Application.

BAFE DEPOSIT BOXES This Bank is entirely owned by 2,687,832.01 THL CRABE NATIONAL BANK

NEW YORK, with Resources over U.S. $2,500,000,000.

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

Board of Directors:

Bir Shouson Chow,"Chairman Li Koon Chun, Esq. Li Lan Bang, Esq., P. E. Kwok, Esq. WongChuSon, Esq. Wong Yau Tong, Esq. Kan Ying Po, Esq. Cha ChingShek Esq. FongPing Wah Esq.

Kan Tong Fo, Esq., Chief Manager. Li The Fong, Eaq., Manager...

Andy Batavia Bombay

Kaiphong

Hankow Hosoiniu Kobe

Branches and Agencias 2-0 -

Kowlo

Singapore London Bagoon Bourabaya Ma algon

Bwakow Melbourne Bax Fran- Sydney Viguanch

New York Beattle Vancouver Parit Bemarang Pelpling Shangha

D. M. BIOGAR,

Manager.

T. X. L......

PHILLIPPINE MINING QUOTATIONS

Wednesday, May 10, 1939...

Antamoks Atoks

......

Bagulo Gold Benguet Consol, Coco Grove

Consolidated Mines

1. X. L...

Centavos

31

31

24+

ex-

METAL SHORTAGE IN JAPAN

Ship Building Plans Hampered

SHANGHAI, May 9 (Intl)- Shortage of steel and other metals is hampering Japan's ship

11.60 building programme, according to

35

a report of the Department ut

telephone

CONSIGNEES' NOTICES

SERVICES CONTRACTUELS DES

MESSAGIETES MAHITIMES

CONSIGNEE NOTICE.

8.8.PRESIDENT DOUMER”

13'A/3.

BRINGING CARGO From MARSEILLES via SAIGON, etc. ARBITED HONG KONG ON

003 Commerce in Washington receiv-WEDNESDAY, THE 10TH MAY, 1939.

YONSIGNEKS are hereby informed. Vice- that their goods with the exception

52

ed here to-day.

Paracale Gumaus

151

1.06

The Department quoted Mr. William C. Affeld, U. 8.

United Piracale... 59

Market Comment Quiet.

San Mauricio

OVERSEAS AID TO CHINA'S CO-OPERATIVE MOVE

Amazing interest is being created abroad by the Chinese In- dustrial Cooperatives programme, according to local sources in touch with the movement. Reports show that China has found in this novel plan to "help people to help themselves" an Idea with wide appeal, which is mobilising into concrete aid much latent sympathy that exists for her everywhere.

Every description of Banking "productive

Committees to promote CIC's Shell "ol Company; Mr. Walter and Exchange business transacted.

relief". programme Robb, editor of the American Loans granted OR approved are been formed in Shanghai, Chamber of Commerce Journal; securities.

Hongkong, Manila, Saigon, Singa-and many prominent foreigners Current Accounts opened in Localpore, Java, and England. Others and Filipinos. Currency and Fixed Deposits reare in the process of formation in ceived for one year or shorter America, and Australia. periods in Local and Foreign Cur rencies on terns which will be quoted on application.

Safe Deposit Boxes To Let.

KAN TONG PO,

BANK OF CHINA ·

Specially, Chartered by THE NATIONAL GOVERNMENT OF CHINA AS, AN INTERNATIONAL EXCHANGE

Consul in Kobe, as reporting that of Opium, Treasure and Valuables are recent steps towards, nationalizing being landed & stored into the Godown certain fron

mines indicated of the Hong Kong, Kowloon Wharf Japan's concern over the situa-Godown Co., Ltd, Kowloon, whence tion. Mr. Affeld estimated that delivery may be obtained immediately Japan's Iron

ore

requirements after landing.

All claims must be sent in to me on this year are 7.500.000 tons, but or before the 20th May, 1939, or domestic production Is estimated they will not be recognized. at 2,600,000 tons.

Damaged Packages will be examined by the Company's Surveyor, Mem Goddard & Douglas in the presence of the Consignees at 10.00 km, on Tues day, the 18th May, 1939.

Consignees must have Revenue

CONSIGNEES' NOTICES Olcer in attendance when any dutiable

NOTICE TO CONSIGNEES

goods are examined by the Company's Вистерств

No Fire insurance will be affected by us in any case whatever,«

B. OHL

Hong Kong, 10th May, 1989,

PENINSULAR AND OHIENTALE

STEAM NAVIGATION ·Co.'s STEAKTI “RANCHI."

AXRITED HONG KONG ON 10TH MAY, 1989,

FROM LONDON, GIBRALTAR MAR- SEILLES, MALTA PORTSAID,

CONSIGNEES of Cargo by the

The fact that this comprehensive committee for China hag been Great progress in the Philip-organised with such distinguished pines especially is reported, where support is considered highly signi- | Overseas Chinese have from the Acant in the Philippines. Hereto- ADEN, COLOMBO AND STRAITS. beginning taken a keen interest.fore the Philippine Government, as Chief Manager. Philippine Chinese have contri. well as Americans in Manda, have buted nearly $250,000 to support avoided engaging even in relic! "Indusco," as it is known there. work for China, in their determina- One "Indusco" centre in Fukien tion scrupulously to observe "strict has been entirely financed by neutrality" in the Sino-Japanese Philippine Chinese.

conflict. A change" In sentiment is Recently there was formed in indicated by this new development, |Manlia an international committee, according to

the traveller from headed by Mrs. Paul V. McNutt, Manda, who brought this news' wife of the United States High PAID-UP CAPITAL $40,000,000.00 Commissioner, to encourage the

MEMBERSHIP OF 1,000 (BRANCHES ALL OVER CHINA"same work The new committee form a "credit cooperative associa

The Manila Committee plans to Owing to our numerous Branches there is launching a drive to tion," and expand its membership in China and connections in the secure, contributions. loans, and to 1,000. It will finance one of the principal Commercial Centres of technical assistance on a big scale CIC.'s training schools for cooper-us in any case whatever. the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and Exchange.

BANK

:

Head Office: SHANGHAI "Hong Kong Branch:

1, QUEEN'S ROAD, 'C. South China Offices:

Dr.

a

Ageat.

[379

COMPAGNIE DES MESSAGERIES MARITIMES

CONSIGNER NOTICE.

8.8. "YALOU" 6AE0/39.

BRINGING CARGO FROM DUNKIRK via HAIPHONG etc.

ARRIVED HONG KONG

WEDNESDAY, TẠi 101 MAY, 1930.

formed that their Goods are being landed

Vessel are hereby in sad placed A2 THEIR RISK in the Hing Company's Godowns at Kowloos where Kong and Kowloon Wharf and Godown each Consignment will be sorted out Mark by Mark and Delivery can be obtained as

Goods are isndad Optional Goods will be landed here unless instructions have been given to the contrary Six Hours before arrival of the steamer.

ONSIGNEE8 are hereby informed that their goods with the exception Goods not cleared within 8 days in of Opinn, Treasure and Valuables are cluding date of arrival will be subject to being landed & stored into the godawas rent

No Fire Insurance will be effected by Godown Co., Ltd, Kowloon, whence of the Hong Kong Kowloon Wharf and

Damaged Packages must be left in after landing.

delivery may be obtained immediately the Godowns for examination by the All Claims must be sent in to me on Consignees, and the Company's surveyor, or before the 20th May, 1939, or they Mesura. GODDARD & Douglas, at 10a.m. will not be recogulted Free Storage period. on Mondays and Thursdays, within the Consignees are specially notified that it is necessary for Revenue Officer to dufiable cargo.

די

Damaged Packages will be examined by the Company's Surveyors, Mesars. Goddard & Douglas in the presence of the Consignees at 10:00 am on Tuesday, the 18th May, 1989,

Consignees must have a Revenne Officer in attendance when any dutiable Surveyors.

ative workers, besides lending EXECUTIVE COMMITTEE

funds for various cooperative in- Besides Mrs. McNutt, who 1sdustries projected for south China. honorary chairman, the executive One project already realised by committee. includes Bishop Mosher, the Manila committee is the formerly of China; Miss Anne financing of an "international in- Guthrie secretary of the Y.W.A.: [dustrial cooperative centre" in one

V.G. Lava, dean of the of the southern provinces. To be present at the examination of damaged Engineering College of the Univer-build this centre people of many sity of the Philippines; Dr. WB. nationalities have contributed, in- be presented to the Undersigned on or goods are examined by the Company's We also handle the issue of Foley, pastor of the Union Church: eluding American, Chinese, English, Bonds and other Fablia Funds of Assemblyman Tolentino, of the Indian Italian, Filipino, the Chinese Government both at Elippine National Assembly: Bis. Stanish. It is hoped that it will hop Gregorio Aglipay, head of become a "model unit" to which SHOU J. OKEN,

the Philippine Independent people all over the world will con- Manager Church; Mr. E. B. Garamell, of the tribute anpport.

-KONGMOON

CANTON SWATOW

TOISHAN SHTUCHOW KINGCHOW

Tess and Abroad.

All Claims against the Steamer must

and

|

before 31st May, 1839, or they will not be recognized.

Goods have left the Sedan

No Claims will be admitted after the AUKINNON, MACKENZIE & Co.

and Agentku (

Hong Kong, 10th May, 1939

ماء

No Fire Insurance will be effected by is in any case whatever.

"R. OHL

Agent. Hong Kong, 10th May, 1958.

THURSDAY, MAY 11, 1939.--PAGE 13

PRESIDENT LINER

:་:,,::

Sailings

FOR SAN FRANCISCO & LOS ANGELES "YiB SHANGHAI, KOBB, YOKOHAMA and HONOLULU ` SS. PRESIDENT PIERCE" Saile May 19th at 12.01 A.M.. S.S. PRESIDENT COOLIDGE" 8.S. PRESIDENT TAFT" 8.8. "PRESIDENT CLEVELAND S.S PRESIDENT PIERCE*

S.S." PRESIDENT COOLIDGE"

AND FORTNIGHTLY THEREAFTER

i

Juno 3rd at 13 NOOR

June 18th at 13.01 A.M.

June 30th at 19.01 A.M.

July 14th at 19,01 A.M. July 29th at 10:00 A.M.

FOR NEW YORK & BOSTON VIA SUEZ 8.8,"PRESIDENT HARRISON" S.S." PRESIDENT HAYES "

17

Sails May 12th at 13 Noor May 26th at 19 NOON

AND FORTNIGHTLY THEREAFTER-

FOR

MANILA

SS. PRESIDENT PIERCE" 8.S." PRESIDENT HARRISON " 8.8. "PRESIDENT COOLIDGE" SA" PRESIDENT POLK."

Sails May 12th at 4.00 P.M.

11

May 18th at 13 NOON:

May 26th at 9.00 P.. June 9th at 12 Noor

AMERICAN PRESIDENT LINES

ROUND WORLD SERVICES

12, PEDDKA ST.

Triestina

Lloyd

TEL. 28171.

FORTNIGHTLY

EXPRESS SERVICE

FAR "EAST--INDIA-ITALY

·

Hongkong-Loudon $3. days Hongkong-Italy ·· 51 days **

SCHEDULE OF SAILING FROM HONGKONG

TO MANILA, SINGAPORE.

COLOMBO, BOMBAY, EGYPT-

& ITALY

TO SHANGHAI

m.v. "VICTORIA"

6.2.

20th May,

6.5. "CONTE ROSSO"

12th May 3,8. "GIULIO CESARE” 20th May "CONTE VERDE" 2nd June MY. "VICTORIA". 27th Mays. “C, BIANCAMANO" 28th June AL "CONTE VERDE” 9th June 8. "CONTE 'RO880" 17th July bah Aug.

B. "C. BIANCAMANO" lat Julym.v. "VICTORIA"

LLOYD TRIESTINO

PO Box 143. Tel. Address "Lloydiano"-Telephones 22989 Passenger

32083 Freighe

HAMBURG-AMERIKA LINIE

Far Eastern Mail, Passenger & Freight Service Through bookings to America via Europe and Europe via America. Bookings around the world. Through bookings to Irondon

".

OUTWARD: SAILINGS

* m.v. " DUISBURG... for Shanghai, Dairen, Y'hama,

Kobe BAG m.v. "SAUERLÄND for Shai, Dairea, Kobe,, Y'hams,

.... 19th May

23rd May 3rd June

sa. "PREUSSEN for Shanghai, Dairan, Kobe,

5.

.."

Yhama...

HOMEWARD SAILINGS.

*m "KUI MERLAND" for Genoa, B'dam, Hamburg...14th May NORDMARK for Antwerp, Rotterdam, 'burg...26th May DUISBURG"...for Genos, R'dam, Hamburg....16th June

Freighter with Passenger Accommodation.

For further particulars and passage farms, etc, apply to:- HAMBURG-AMERIKA LINIE

JEBSEN & CO., Asxrms.

19, Fedder Street, Tel. 81208-6.

CANTON AGENTS: CARLOWITZ & CO., Shakee Rond."

› MAERSK LINE

FAST FORTNIGHTLY SERVICE

'SHANGHAI'ANE JAPAN

LOS ANGELES, PANAMA, NEW YORK, BOSTON

PHILADELPHIA & BALTIMORE.

If aufficient Inducement offers also other ports of call. Arrival from USA.

14th May *28th May

M.V. "NIEL MAERSK"

M.V. "LAURA MAERSK” M.V." PETER MAERSK "

Sailings to U.S.A

27th May

t1th June

27th Jane

(All dates are subject to alteration without notice) EXCELLENT ACCOMMODATION FOR PASSENGERS AT MODERATE BATIS

For Freight and Passage please app

JEBSEN & CO.

Canton Shamsan, B.C. Agente Hong Kong, Fadder Building

Tel: 10916.

Tél. 31205-6. Bwalow Ag ple: GEBR ROESE. Tel 1858.