1939-06-10 — Page 13

HONGKONG DAILY PRESS

BANKS

US. COTTON EXPORTS

HONGKONG & SHANGHAI THE CHARTERED BANK OF Subsidy Opponents'

BANKING CORPORATION

11

Authorised Capital $50,000,000

Issued & Fully Paid-Up $20,000,000 Reserve Funds:

Sterling

...$20,000,000

Head Ofce:-HONG KÒNG -

INDIA, AUSTRALIA

AND CHINA

Incorporated by Royal Charter, 1853

.£3,000,000 £3,000,000 £3,000,000

£8,500,000 Paid-Up Capital H.E. Currency Reserve $10,000,000 Reserve Fund Reserve Liability of

Reserve Liability of Pro-, Proprietors

prietors

HEAD OFFICE: LONDON: 33. Bishopsgate E.C.2. Sub-Arancies In London: 117/122, Leadenhall Street, E.0.3. West End Branch: 14/16, Cockapur Street, S.W.1. Manchester Branch: 52, Mosley Street, Manchester, 2

Board of Directors: A. L. Shields, Esq.,

W. H. Lock, Esq.,

Chairman.

Deputy Chairman,

Hon. Mr. J. K. Bousfield,

A. H. Compton, Esq.,

Hon. Mr. S. H. Dodwell,

D. F. Landale, Esq...

G. Miskio, Esq.,

K. §. Morrison, Esq.,

Hon. Mr. T. E. Pearce,.

H. V. Wilkinson, Ex

Sir Vandeleur M. Grayburn,

-ALOR-STAR——ĦARBIN—

AMRITSAR BANGXOX

1249

AGENCIES AND BRANCHES:

- RENANG- HONG KONG RANGOON ILOILO

SAIGON IPOB

BEREMBAN KARACHI HANGHAI XLANG

KINGAPORE AGENCIES: KOM

BITTAWAN BOURABAYA TAIPING TIENTS IN TONGKAR

LUMPUR

ΠΡΟΕΙΝΟ MADRAS

Chief Manager.

BATAVIA BOMBAY CALCUTTA

Branches:"

CLAVE STERY

XUALI

FAIRLIE PLACE

Amoy Ipoh

Penang

CANTON

Bangkok

Johore

Batavia

Kobe

Bombay

Kowloon

Rangoon Saigon San

CAWNPORK CKBU

MANILA

Calcutta

Kusia

Francisco

"Canten

Lumpur

Shanghai

Chefoo

London

Singapore

Colombo

Lyona

Sourabaya

COLOMBO DELIN HAIPHONG HAMBURG HANKOW'

MADAN NEW YORK «PRIPING

Dairen Malacca

Sungei

Foochow Manila

Patani

Haiphong Muar

Swatow

Kamburg (Johora)

Tientsin

Hankow

Mukden

Tokyo

Earbin New York

Hongke Iloilo

Peiping

Tsingtao. Yokohama

(Peking)

(Bhuket) TSINGTAO

·YOKOHAMA

FOREIGN EXCHANGE and General Banking Business transacted.

CURRENT ACCOUNTS opaned and FIXED DEPOSITS received for Que Year or aborter periods in Local or Other Currencies at rates which will be quoted on application. CURRENT ACCOUNTS opened in SAVINGS ACCOUNTS also opened in Local Currency and FixED DEPOSITS Local Currency and Sterling with received for one year or shorter interest allowed at rates obtainable periods in Local and other Car-on application. rencies on terms which will be quoted on application.

Also up to date SAFE DEPOSIT Boxes in various sizes To Lar

Hong Kong, 5th June,, 1999,

HONGKONG SAVINGS

BANK

The Business of the above Bank is conducted by the HONGKONG & SHANGHAI BANKING COR PORATION. Rules may be obtain- ed on application.

For the HONGKONG & SHANGHAI

BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hong Kong. 25th Feb., 1830.

BANK OF EAST ASIA, LIMITED

Authorised Capital..... 10,000,000.00 Paid-Up Capital

5,699,600,00 Reserve and Codivided

Profits

2,883,932,01

Head Office: HONG KONG

No. 10. Des Voeux Road, Central.

Board of Directors.

Sir Skousen Chow, Chairman

Li Koon Chun‚†Bag-

P. K. Kwok, Esq.

Li Lan Sang, Esq. Wong Chu Son, Eq. Wong Tun Tong, Esq. Kan Ying Ja, Esq. Chan Ching Shok, Esq. Fung Ping Wah Esq. Kan Tong Po, Esq., Chief Manager. Li Tre Fong, Esq.," Manager.

Branches and Agencies:-

Amoy Caterin Bombay Oslonta

Haiphong

Hankow

Hemplula

Kobe

KowIdom Penang Bingapore London Rangoon Востану Manila

Swalow, Salgon Melbourne Ban Fran. Sydney Angka

Disco Tientaln New York, Brattle Vancouver Paris Semarang

Palping Shangha

The Bank's Head Qffice in London undertakes Executor and Trustee business, and claims recovery af British Income Tax overpaid, on tarms which may be ascertained at any of the Agencies and Branches.

R. A. CAMIDGE,

Proposal

WASHINGTON, June 8 (Renter) -It it learned that opponents' to the

FINANCE

CONSIGNEES' NOTICES CONSIGNEES” NOTICES

HAMBURG-AMERIKA LINIS

NOTICE TO CONSIGNEES.

THE SS

THE "PREUSSEN"

having arrived from Hamburg and Parts of call, Consignees of Cargo are cotton exports subsidy adhereby notified that their good as vanced a proposal to earmark being landed and placed at their risk $140,000,000 of the funds in 1940 into the Hong Kong Kowloon Wharf of the Agricultural Appropriation Bill to be used to pay farmers to keep cotton from loan.

The proposal, however, will be fought by the Administration

It is indicated.

Godown Company's godowns at Kowloon, where delivery may be obtained as won as the goods are landed

Optional cargo will not be landed here, unless notice has been given 48 bours prior to vessel's arcival," but The cotton subsidy will be effec-carried on from port to port to the tive before the world conference, anal port of call to which the option Mr. Wallace, Secretary for Agricul- ture, indicated.

Competition Erged ...? Interviewed by the press, he 'sold: "If we are going to have a successful international confer

ance, It is obvious that our cotton

must be made competitive with other growths or an equitable

basis,"

Mr. Wallace strongly opposed the aforementioned “ alternative proposal, stating that it would cost twice as much as the export subsidy.

After Mr. Wallace's White House conference yesterday, it was made clear that despite Mr. Roose- velt's protest against the budgeted

excess of appropriations, he will accept the Senate increases of $338.000.000 in the Appropriation BILL

This includes $50,000,000 aválf- while, Senate House confereees are able for export subsidy and, mean-

understood to have been debating the proposal made by Senator Smith to write into the Bill a de- finite ban against the export sub- sidy..

Another debate on the matter

will be held on Saturday and it thus appears that no agreement on the B can be expected this week.

LESS BUYING

|

extends.

Νο claims will be admitted after the Goods have left the Godowns, and all goods remaining undelivered after the 19th Jane, 1939, will be subject to

rent.

All broken chafed, and damaged Goods are to be left in the Godowns, where they will be examined on 10th June, 1839, at 10 am, by our

Messrs. Goddard Surveyors Douglas.

and

To comply with the Ucneral Bonded Warehouse Regulations consignees must have a Revenue Officer in attendance when damaged dutiable goods are examined,

All claims must reach us before the 12th July, 1939, or they will not be recognized.

No Insurance will be effected, Bills of Lading will be countersigned

JEBSEN & CO.,

Agentr Hong Kong, 5th June, 1939. [450

by

COMPAGNIE DES MESSAGERIES MARITIMES

CONSIGNEE NOTICE.

SS. ** BIKIANG

TAEO/99.

BRINGING CARGO FROM DUNKIRK via HAIPHONG etc. Amira HONG KONG N THURSDAY.THE 8TH JUNË, 1938.

ONSIGNEES are hereby informed

NOTICE TO CONSIGNEES:

'AMERICAN ⇓ MANCHURIAN LINK

From BALTIMORE, NEW YORK NEWPORT NEWS AVANNAH WILMINGTON & SAN FRANCISCO

THE 8.8

"CITY OF DERBY" having arrived, consignees of cargo by her are informed that all goods are being landed at their risks into the hazardons and/or extra-hazardous godowns of Messes. Holt's Wharf, delivery may be obtained.

Optional cargo will be carried on unless notice to the contrary be given prior to arrival of steamer,

No chime will be admitted after the goods have left the grdowns and all goods remaining undelivered after 18th June, 1999, will be subject to rapt.

All claime against the vessel mast be presented to the undersigned on er before 23rd June, 1939, or they will not be recognized.

All brokan, chafed and damaged goodi must be left in the godowns, where they will be examined by the steamer's surveyor on any Tuesday or Friday, between the hours of 10,45 s.m. & Noon, within the Free Storage Period of One

Wock.

No Fire Insurance has been effected. Bills of Lading will be countersigned by. THE BANK LINE (ÜHINÄ) LTD,

Agents. Bong Kong, 9th June, 1838.

NOTICE TO CONSIGNEES

+

SATURDAY, JUNE 10, 1939. --PAGE 13′′

PRESIDENT LINER

Sailings

...

FOR SAN FRANCISCO & LOS ANGELES via SHANGHAI, KOBE, YOKOHAMA and HONOLULU 88. " PRESIDENT TAFT “ 88." PRESIDENT CLEVELAND " S.S." PRESIDENT PIERCE " 88." PRESIDENT COOLIDGE "

Sails June 18th at 1201 A.M.

June 30th at 1801 A.M.

July 14th að 1801 AM.

July, 29th at 10.00 AM.

Aug. 12th at 8.00 AM.

Aug. 26th at 8:00 A.M.

AND FORTNIGHTLY THEREAFTER

· 8.8....“ PRESIDENT TAFT"

SA. * PRESIDENT CLEVELAND” 14

88. 8.8.

H

FOR NEW YORK & BOSTON

VIA SUEZ

PRESIDENT GARFIELD *** Sails July 7th at 19. Noc PRESIDENT MONROE"

July 91st at 900 P.M.

AND FORTNIGHTLY THEREAFTER

FOR MANILA

SS." PRESIDENT POLK" 8.S." PRESIDENT CLEVELAND”· S.S." PRESIDENT PIERCE * 88. "PRESIDENT COOLIDGE"

Sails June 9th at 12 Noom

June 23rd at 1:00 A‚M.../

*

July 7th at 1:09 AM.

July 91st at 9,00 F.M.

AMERICAN PRESIDENT LINES

ROUND WORLD SERVICES

12, PEDDER ST:

(465

PENINSULAR AND ORIENTAL

STEAM NAVIGATION Co.' STEAMER "SOUDAN."

ARRIVED. HONG KONG

9TH. JUNE, 1839.

FROM ANTWERP,LONDON,GIBRAL TAR, MARSEILLES, MALTA, PORTSAID. ADES, COLOMBO AND STRAITS.

Manager. IN JAPAN'S RAYON at their goods with the exception pany Godowns st Kowloon, where back

THE CHASE BANK

15, QUEEN'S ROAD, CENTRAL

HEAD OFFICE:

MARKETS

SHANGHAI, June 9 (Int'l)-In's quarter which saw Japan's principal rayon markets buying less, the increase of sales of the material to British India by 105 per cent. proved the factor which made Japan's exports of rayon greater by 203,155 Curing January, February and March of this year than

they were during

the corresponding period of 1938. according to figures furnished by the Finance Ministry.

18, PINE STREIT,

NEW YORK. An American Bank offering com-Yen

plete Foreign Banking Service in the principal Markets of the world. Interest Rates on Application,

SAFE DEPOSIT „BOXES

of Opium, Treasure and Valuables are being landed & stored into the godowns of the Hong Kong Kowloon Whaf and Godawa delivery may be obtained immediately Co., Ltd. Kowloon, whenos

after landing.

All Claima must be sent in to me on or before the 17th June, 1939, or they' will not be recognised

. י

Damaged Fackages will be examined by the Company's Surveyor, Mesars. the Consignees at 10.00 0. Goddard & Douglas in the presence of

Wednesday, the 14th June, 1939.

Consignees must have a Revenue Officer in attendance when any dutiable goods are examined by the Company's Surveyors.

No Fire Insurance will be affected by as in any case whatever.

R. OHL,

Agent.

Japan sold British India Yen 1- 178,116 worth of rayon in the first This Bank is" entirely owned by quarter of last year. This year dur- THE CHASE NATIONAL BANK.ing the same period, sales amount- NEW YORK, with Resources avered to Yen 2,410,996. Japan's total Hong Kong, 8th June, 1939.

rayon exports for the 1933 quarter were Yen 4,798,728, for the 1939 quarter Yen 5,001,883. -*

U.S.82,500,000,000,000

D. M. BIGGAR.

Manager.

THE MERCANTILE BANK OF INDIA, LIMITED

Head Officos, Gracechurch Street. London, EC.3

arribodied Capita!

inheribed Capital. Paid-up Capital y Laserre Pund and Best,

BANKERS:

€1,00 1,000

21.800.000 £1,000 21,247,890

The Bank of England and Midland

Bank, Ltd. BRANCHES:

Every description of Banking and Colbe Kandy

Delhi

Xunta Troy Madu New York Petang

Bangkok ipoh Bombay JATRA Calestia Xvantin

Karazhi

RA Shanghai Hoke Bhas Hong mag Kaala pin Sil Hamishna Kamla Laophy · Singapore HONG KONG (BRANCH: Every seription of Banking and Exchange bosions_transseled,

Exchange business transacted. Loans Galle granted on approved securities.

Current Accounts opened in Local Currency and Fixed Deposits re ceived for one year or shorter | 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 AB ANDAMA

Travadars Cheques immurd, TRUSTEE AND EXECUTORSHIP

UNDERTAKEN CURRENT ACCOUNTS opened In Loon C

BUNE AND DAPOSITS rossed in Local Currency, STERLING & U. 5. DOLLARS on tayam that may be incertained on spylleskinn.

D. BENBON.

Mer

4

JONSIGNEES of Cargo by the above- named Tennal are hereby formed that their Goods :smo, being landed and placed ar maz aux in the Hong Kong and Kowloon Whard and Godown Com Consignment will be sorted out Mark by Mark and Delivery can be obtained se the Goods ary landed. unless Instructions have been given to the "Optional Goods will be landed here contrary Six Hours before arrival of the Steamer.

Goods not cleared within 8 days. including date of arrival will be subject to Beat.

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

Damaged Packages mas be left in the Godowns for examination by the Can signees, and the Company's Surveyork. Mezar Gordano & Dovelas, at 10 am, on Mondays and Thursdays, within the Free Storage period.

Consignees are specially notified that it is necessary for a Revanus Officer to be present at the examination af damaged dutiable cargo.

....

All Claixas against the Steamer must. [463] be presented to the Undersigned on or before 80th June, 1938, or they will not be recognized!?

MESSAGERIES. MARITIMES

No Claims will he admitted after the Goods Bare left the Godown. MACKINNON, MACKENZIE &

Co. Agenta,

[434 Hong Kong, Fth June. 1938.

CONSIGNEE NOTICE.

Purchases by Australia dropped SERVICES CONTRACTUELS DES from the 1938 quarter figure of Yen 233,199 to Yen 101,031. Mexico bought rayon alued at Yen. 765,- 501 in the first three months of 1938, but only a third as much. Yer 241,423, in January, February and March of this year.

to

Japan's rayon exports Germany for the corresponding periods dropped from Yen 27.382 to Yen 27,382 to Yen 1,725, to China from Yen 1.889,326 to Yer! 929,251, Kwantung bought but Yen 2,478 in the 1939 quarter as com- pared with Yen 181,989 in January and March of 1938.

FALL IN JAPAN'S

EXPORT TRADE SHANGHAI, June 9 (Int'l)-- Japan's diminishing export trade which has been a source of anxiety

.8.8. *ATHOS II"

16*A/39.

BRINGING CARGO Tom MARSEILLES via SAIGON, etc.

ARLIVED HONG KONG 0 WEDNESDAY, 1am.7TH JUNE, 1939.

PRINCE LINE.

NOTICE TO CONSIGNEES

Евом NEW YORK, SAN FRANCISCO,

CONSIGNEES are hereby informed T

that their goods with the exception of Opium, Traure and Valusblia are being-landed & stored into the Godown of the Hong Hoog, Bowloon Wharf & Godown Co, Ltd., Kowloon, whence delivery may be obtained immediately after landing SE

or

HE Motor Verse!

CHINESE PRINCE" having arrived from the above Porta on 3rd instant, Consigner of Cargo, a hereby informed that thair- Goods are being landed at their ritk into the Godowns of the Hong Kong and Kowloos Wharf and Godawa Company, Limited, Kowloon, and stored a Consignees risk and expenas,

24

All claims must be sent in to me on or before, the 17th Fans,

1939, med Pecans will be examined are to us at in the Godewas, where will not be recognized and w * All broken, chafed, and damaged Groda to the militarista, is further by the Company Surveyor, Max. they will be examined on Friday, aggravated by the decline of "Amert- | Goddard & Douglas in the presence of - 9th instant, 1959, at 10 A.M. 'can consumption of Japanese silk to the Consignees at 10.00 m. on Tues- "All Claims must be presented within the popularity of nylon, the newly day, the 12th June, 1939,

15 Days of the Vessel's arrival here, invented artificial Ik, according to Officer in attendance when any duties will be admitted after the Consignees must have a Revenue after which data they cannot be 38 NEW CONTRACTS an Ocaka report

goods are examined by the Company's exporters in Japan is showing | Burveyors. Messrs Stanton irmworks Com- uk notes frer the fervour of Fire instrsace will be effected by Goods remaining undelivered after the Goods have Inff, the Godowns, and all pany Limited, near Nottingham. American women in favour of thin in any case whatever. have received an. order from k stocking which can last, while Messrs. United Kingdom as Japanese silk is just the other way: PAID-UP CAPITAL $40,000,000.00 Corporation, Limited, 9. Clement's Price of nylon hostery will be Bong Kong, 7th June, 1880.

lane, London, EC.4. for 52 miles of cheaper than that of Japanese (BRANCHES ALL OVER CHINA) Owing to our numerous Branches high-pressure gas mains, in Chins and connections in the The pipes will form the main Facing the necessity of securing principal Commercial Centres of underground artery of the Arst the World, we are able to extend stage of the: West Yorkshire: Gas to our Clients special facilities for Grid, through which coal gas will Domestic and Foreign Banking and

be delivered from large pithead Exchange.

INTERNATIONAL EXCHANGE

BANK

Head Office:- SHANGHAI

Hong Kong Branch:

4, QUEEN'S ROAD, C.

South China Offices:

CANTON ... KONGMOON:

SWATOW!" TOISHAN

SHIUCHOW KINGCHOW

Installations to 20 or more gas undertakings for distribution to consumers throughout the: 650 mi. miles area to be served by the system

alik. "

поте

the

foreign exchange, ranuma Cabinet has decided to enforca Article 8 of the National Mobiliation Law, which provides for the control of the production. distribution, transfer and use of all materials The date of invocation will be some time this month t

E OBL

Agent.

480

LONDON GOLD

London, Jthie 8" (Reuter), Bar Gold, Fine per or, 148/5. Dollar-Parity, 1/24, spremimai.

needed for export goods fru order Mesra Associated Electric Vehicle

Bugcoff Factor warto made posible a large supply, st Manufacturers, Limited, 231–44 World boycott of Japanese goods, lower prices and more Grand Building, Trafalgar-mtiare, is one factor, whic the Ministry

We also handle the issue of Bonds London, WCS have received a of Commerce and Indusay has to

and other Public Funds of the large order from Rusels for their face. The Ministry beleves that stated that the Chiasse Government both at Home Electricar

ctory trucks The value the improvement of the export me

of the contract, indusve of a tal situation Comandă more serious domi

SHOE JCHEN:

Manager: 15,000L

ntly delivered. 15 about, measures and has decid

trict the domestic use of materiala zales abroad.

Osa

Gay

10th instant, will be subject to Bext.

No Fits Insurance has been effected. Bills

Eir of Lading will be counteringnad

FURNESS (TAB EAST), LTD.,

#nd Floor, Hongkong, & **Shanghai Bank Building

: Dinis 28165 & 98169; Hong King, &rd June, 1929.

What do you

[416

want ?

there is anything

you want to buy or

Hons.

Priestina

Lloyd

LL

TEL. 28171.

FORTNIGHTLY

EXPRESS SERVICE

FAR EAST-INDIA-ITALY

Hongkong-London 23 days $1 days Hongkong-Italy.

SCHEDULE OF BAILING FROM HONGKONG

TO SHANGHAI

TO MANILA, SINGAPORE, COLOMBO, BOMBAY, EGYPT ♣ ITALY

"CONTE VERDE" 9th June #s. "C. BIANCAMAÑO" 1st July 6.2. "CONTE ROSSO". 14th July | in.v. "VICTORIA"

18th Ang. -m.v. “VICTORIA”

m.v. "CONTE VERDE 1st Sept.

a. C. BIANCAMANO" 25th June

"CONTE ROSSO"

7th July 5th Aug as. "CONTE VERDE 25th Ang. 11. “C. BLANGAMANO” 10th Sept.

LLOYD TRIESTINO

PO Box 143. Tel. Address-Lloydiano-Telephones

32988 Passenger 33853 Freight

HAMBURG-AMERIKA LINIE

Far Eastern Mail, Passenger & Freight Servies

Through bookings to Ameries eta Europe and Európe via America." Bookings around the world. Through hookings to Tondon.

OUTWARD SAILINGS

* v. "LEVERKUSEN" for Shanghai, Dairen, Kobe,

Y'hams

* 17th June TV. "RHEINLAND'..

........for Shai, Dairen, Kobe, Y'bams.

1.V. “BURGENLAND”, for Shanghai, Dairen, Phama.

Kobe....

* HOMEWARD SAILINGS ·

19th June

....16th July

*m.v. "DUISBURG" for Genoa, R'dam, Bamburg.....16th June * mv. “SAUERLAND" for Gezon, B'dam, Hamburg........... 28th June

* m.y." LEVERKUSEN" for Genoe, B'dam, Hamburg. 98th July

* Freighter with Patsenger Accommodation.

For further partozlary and passage facon, etc. apoly to:

HAMBURG-AMERIKA LINIE

JEHSEN & CO.,

13, Fedder Street, Tel, 81206-8. CANTON AGENTS: CARLOWITZ & CO., Shakee Road,

THE BEN LINE STEAMERS, LTD.

S.S. "BENMACDHUI

ROTTERDAM.

Sailing for LONDON, ANTWERP, HAMBURG and LEITH on about the 10th June, 1989.

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

For Freight and Faamage apply

WRLOXLEY & CO., (CHINA) LTD.”