1939-07-17 — Page 13

HONGKONG DAILY PRESS

BANKS

HONGKONG & SHANGHAIĮ THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital... $50,000,000 Issued & Tally Paid-Up 820,000,000 Heserve Funds:

Sterling

INDIA, AUSTRALIA AND CHINA Incorporated by Royal Charter, 1859 .....£3,000,000 Paid-Up Capital £8,500,000 Reserve Fund ............. £3,000,000 H.K. Currency Reserve $10,000,000 Reserve Liability of Esq., Reserve Liability of

prietors....

£3,000,000 Proprietors

$20,000,000

HEAD OFFICE: LONDON: 38, Bishopsgate E.0.2. Sub-Agencies In London: “. 117/19, Leadenhall Street, E.C.S. West End Branch: 14/18, Cockspur Street, S.W.1. Manchester Branch: 52, Mosley Street, Manchester, 2

Head Office:--HONG KONG

Board of Directora: A. L' Shields, Esq.,

W. H. Lock, Esq...

Chairman.

Deputy Chairman.

Hon. Mr. J. E. Bousfield,

A. H. Compton, Esq.,

Hon. Mr. S. H. Dodwell,

D. F. Landale, Esq.,

G. Miskin, Esq.,

K. 8. Morrison, Esq.,

Hon. Mr. T. E. Pearce.

H. V. Wilkinson, Esq.

Sir Vandeleur M. Grayburn,

AGENCIES AND BRANCHES:

ALOR STAR AMRITSAR

BANGKOK

BATAVIA

BOMBAY

CALCUTTA

AGENCIES: KOBE

CLAVE STREET FAIRLIE PACI CANTON

Chief Manager.

Amoy

Branches: Ipoh

CA WNPORK

U

Penang

COLOMBO

Rangoon

DELHI

Saigon

Bombay. Kowloon

Sao

Kuala

Franciaco

HAIPHONG HAMBURG HANKOW

Bangkok Johore

Batavia Kobe

Calcutta

Canton

Lumpur Shanghai

Chefoo London

Singapore

Colombe Lyons Sourabaya Dairen Malacca Sungei

Foochow, Manila

Haiphong Muar

Patani

Swatow Famburg (Johore) Tientaip Bankow Mukden

Harbin New York Hongke Ildilo

Peiping

Tokyo

Tsingtao Yokohama

HARBIN PENANG HONG KONG RANGOON ILOILO

SAIGON [POE

BEREMBAN KARAGEI SHANGHAI

SINGAPORE KLANG

SITIA VAN BOURABAYA TAIPING TIENT IN TONGKAR

(Bhuket) THINGTAO YOKOHAMA

XUALA

LUMPUR IUCHING-

MADRAS

MANILA

MEDAX NEW YORK

PRIPING

(Peking)

FOREIGN EXCHANGE and General Banking Business transacted.

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

SAVINGS ACCOUNT also opened in Local Currency and Sterling "with interest allowed at rates obtainable on application.

SHARE MARKET REVIEW

HONGKONG SHARIBROKERS.

“ASSOCIATION

The market continues to be dominated by unsettled "conditions abroad. While the undertone has

been quite steady there has been Bttle. movement imprice levels. Business has been very restricted on a difficult market.

On "the announcement of the customary interim dividend of £2:10 HK Banks improved to $1360, but at the close of kruiness shares could be obtained at $1340 with sales reported at this figure. Both Lands and Trams have come in for steady enquiry, Lands being wanted at $354 with sales at $38 and Trams at $18.60. with sules reported at this price. Chine Lights, old shares were wanted at 38.20 and the new at $5.20. Elec- trics were offering at $55 with buyers at $54), HK Docks were wanted at $17.10 Providents at $4.40 and Hotels at $54.

Gold mining stocks have been dull and prices continue to drift downwards through lack of buying support. San Nauricio, United Paracale and Itogons came in for most enquiry and price' levels re- main unchanged, Coco Grove lost 5 ctvs to 22 ctvs. Benguet Con- solidated has remained steady at Ps. 10.50. Market closed quiet.

H. K. STOCK EXCHANGE

short

During the

session the Were market was steady. Sales reported in Banks @ $1340, & Unions

$415,& Electrics

CURRENT ACCOUNTS opened in "LOCAL CURRENCY and FIXED DEPOSITS The Bank's Head Office in Landos

received for one year or shorter undertakes Executor and Trustee @ 854). periods in Local and other Cur-business; and claims recovery of rencies on terms which will be British Income Tax overpaid, on quoted on application.

terms which may be ascertained at ALSO up to date Sare DEPOSIT any of the Agencies and Branches. Box in various sizes To LET

R. A. CAMIDGE, Hong Kong, 5th June, 1830,"

L

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, 28th Feb., 1933.

BANK OF EAST ASIA, LIMITED

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

2,883,939.01

Profts

Head Office:-HONG KONG

No. 10 Des Voeux Road, Central,

Board of Directors: .

Bir Shouson Chow, Chairman

Li Kean Chan, Esq. Li Lan Sarg, Esq.

Wong Cha Son, Esq. P. K. Enok, Esq. Wong Yan Tong, Esq. Kao Ying To Eng. Chan Ching Shok, Esq. Fung Ping Wih Esq.

Kan Tong Po, Esq., Chief Manager. Li The Four, Eq, Mronger.

"Amos

Batavie Bombay Calostia

Branches and Agencies:-

Kowloom

Loodba

Репалд

Bingspord Hoursday's Rangoon Xanila

Awntow Salzon Melbourne Ban Fran- Eydney Haiphong tanka olson enten Bankow New York" Beattie

Paris Bemarang Honolaid Kobe

Pelping Shangba

Manager.

THE CHASE BANK

18, QUEEN'S ROAD, CENTRAL

HEAD OFFICE:

". 18, PINI STREET,

NEW YORK

An American Bank offering com."

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

D. M. BIGGAR,

Second Vips Prai

BRITAIN'S JUNE

J

BUYERS

- Union Ins; $400..

Providents, $4.10.

B.K. Lands Do.4%. Debentures. par.

HK. Tramways, $16).

Cements, $12.80.

Wing On (EK.), $41. HK Govt.4% Loan, 4% Prem HK.Goyt. 3% 131%

ex. Interest.

SELLEKS

discount.

Canton Ins., $230. Union Ins; $415. H.K. Wharves, $108, Providents, $i}. Humphreya, 381. China Lights (old) $8.35.

SALES

H.K. Bank, $1340/50. Union Ins., $415. F.K. Electrics, $54).

Atoks

Antamok

Bagulo Gold

Batong Buhay......

OVERSEAS TRADE Benguet Consolidated

LONDON, July 15 (BWS)-The return of British overseas

trade for June shows importa at £82,- 174,759, compared with &78,541,325 In May and &78,540,222 in 'June last year.

Big Wedge

Coco Grove

Consolidated.....

Demonstration

FINANCE

MOVEMENT OF GOLD AND SILVER

GOLD

Total EXPORTS from the United Kingdom Including: To the United States

The Netherlands France Switzerland Syria

London July 14 (Reuter)B

Total IMPORTS into the United Kingdom Including: From the Netherlands

Week ended Week'ended -July 5 July 1200

7,751,000 14,839,000 8,418,900. 14,512,000

MONDAY, JULY 17 1939 RACE 13

PRESIDENT LINER

Sailings

FOR SAN FRANCISCO R. LOS ANGELES

vin SHANGHAI, KOBE, TOKOHAMA and HONOLULU Sails July 19th at 10:00 AM. 88 * PRESIDENT COOL'DGE

142,000

$7,000

47.000 $5.04

35,00

2,896,000 4,793,000

2274,000

2,271,000..

2,135,000

Southern Rhodents

$2,000

374,000

New Zealand

38,000

Belgiumi

30,000

SILVER

Total EXFORTS fryn the United Kingdom Including: To Bombay

106.000

282,000

209,000

The United States ....

62,000

27,000

Total DAPORTS into the United Kingdom Including: From Japan

142,000

124,000

101,000

20,000

88" PRESIDENT COOLIDGE

88 PRESIDENT TAFT"

HONGKONG SHAREBROKERS

ASSOCIATION

VOLUME OF BUSINESS TRANSACTED FOR WEEK ENDING

H.K. Banks

Trams Electrics Star Ferries H.K. Docks

Telephones (O) (Ex Div) China Lights (0) China Lights (N) Lands

88" PRESIDENT TAFT"

"p

8.A PRESIDENT CLEVELAND"

88 PRESIDENT PIERCE"

FOR

Aug. 1th at 8.00 AM.

Ang. 30th at 8.00 4.14-

Sep 9th at 4.00 PM. Seps. Brd at 9.00 A.M.

Oct. 7th at 8.00 AM

Aug. 4th at 19 Nop

AND FORTNICHTLY THEREAFTES

FOR NEW YORK & BOSTON

via SUEZ

88. "PRESIDENT MONROE* Sails July 28th at 12: Noon S.S. PRESIDENT ADAMS"

AND FORTNIGHTLY THEREAFTER

MANILA

8.8. PRESIDENT COOLIDGE' RS SS." PRESIDENT TAFT"

PRESIDENT ADAMS "

SA PRESIDENT CLEVELAND "

Baile July 2nd at 1.00 A.M.

P

Aug 4th at 18 NOON

Aug. 5th at 2.0) AM, Aug. 19th at 2004.M.

AMERICAN PRESIDENT LINES

"BOUND-WORLD SERVICE"

TEL. 28171.

July 14, 1939

12 $1360.00 to

$1350.00

600

16.50

800

54.50 to

55.00

་

25

65.00

100

· 17,00

2000

22.75

500

8.20

210

5.30 to

5.25

500

36,00

400

8,50

400

21.50

Providents

25

4.40

Lương Sang Hong

ng

10

.128.00

Antamoks

10000 Ps .19 to

184

12, PEDDER ST.

1000 Ps

23

10000 Ps

.23

5000 Ps

.13

Watsons

Dairy Farms (0)

Itogons

Coco Grove

Mhe Operations

HYDROCARBON

OILS ORDINANCE AMENDMENT

EMERGENCY

LIGHTING

REGULATIONS

The Government Gazette? con- Regulations for the control of an ord-lighting in the Colony in the case tains the draft Hill of nance to amend the Hydrocarbon of emergencies are published in the "Government Gazette"" to- Oils Ordinance, 1939.

Subject to certain

Be it enacted by the Governor day. of Hongkong, with the advice and consent of the Legislative Coun- cil thereof, as follows:-

exemptions,

all external lights whether public or private shall be extinguished.

Lights which must be extin- Amend-guished

during a "black-out" Bluminated sky signs,

1. This Ordinance may be cited as the Hydrocarbon Oils ment Ordinance, 1939.

Include

2. Sub-section (1) of section racias, illuminated advertisements of the Hydrocarbon Oils Ordi- and other lights used outside or nance, 1939, is amended by re-at the entrance to any shop or lettering paragraph" (1) thereof as place of amusement, or any pre- paragraph (g) and by inserting mises for the purpopes of adver- the following new paragraph as tisement and display, as well as paragraph (1)→→

lights used inside any shop -for (1) the keeping and 1180 of the same purpose when the shop hydrocarbon olls by persona is closed for serving customers.

be General exemptions may tending "to use such oils for the purpose of any class of motor granted by the competent authorl- vehicles, motor boats, aircraft or ties.

THE CHINA-SIAM

4.4.

HONG KONG-BANGKOK

HELLAS"

"

LINE.

leaving Hong Kong s6th July via Bwatow HONG KONG SWATOW-AMOY m.s. "HAI HING" leaving Hong Kong 26th July Accepting Passengers & Cargo for all the above metioned ports.

·HONG KONG SINGAPORE-PENANG-RANGOON

Regular Express Service m.. "HAI BING" leaving Hong Kong,

Jst Aug.

Accepting cargo for all the above mentioned ports.

Excellent passenger accommodation available,

For freight, passage ratsu and all other information – Apply to:

THORESEN & CO., LTD.

General Agents.

Tel. 30237.

Queen's Building

engines spécified in the regula- Road obstructions must be in- CONSIGNEES' NOTICES CONSIGNEES NOTICES

tions, and any such regulations dicated by a light which must be operation sc screened that no light is may exempt from the

tending to use such oila for the purpose of any such class as afore- said to which the

of any of the provisions of this thrown above the horizontal, and exceed Ordinance the keeping and use of its intensity must not Bhydrocarbon olla y persons in-that of a hurricane lamp.

Regulations for the use of lights on vehicles are ẰNG given, including tramcars, the latter to carry one red lamp" In the front and one at the not to rear, so shielded throw any Hght above the horizontal.

regulations

MANILA GOLD SHARES

., P.

17 B

18 B

20 B

0110

10.30

181 B

22 B

0015

B

apply;

081 B

IXL ...... Ipo Gold"

41 B

15 B

Itogon Mining ...

Masbate Consolidated Mine, Operation... North Camarines

221 B 091 B 13 8

3. Section 6 of the Hydrocarbon Oils Ordinance, 1939, is amended follow- by the addition of the ing sub-sections at the end there- of-

Paracale Gummans... San Mricio

Surigao Consolidated Buy Consolidated Sundicate Invest... ment United Paracale

23. B 14 B 88 B 191 B 12 B

......

0340

39) B 08 B

B

and

Exports were £39,895,256, against' £42273.350 in May and £36,983,525 in June last year. Re-exports were £4,307,787, compared with £5,012,- 363 in May and £4,987,170 in June 1938.

Figures for the first six months Every description of Banking and Exchange business transacted. Loans of the year were as follows:- granted on approved securities.

Imports: £447,886,336, a decrease corres-

Current Accounts opened in Local of £21,771,328 with the Currency and Fixed Depositare- ceived for one year or shorter ponding period of last year periods in Local and Foreign Cur of £38.214,456 compared with the rencies on terms which will be corresponding period of 1937. quoted on application.

SAFE DEPOSIT Boxes To Las,

KAN TONG PO,

Chief Manager,

BANK OF CHINA

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

זי

BANK

PAID-UP CAPITAL $40,000,000,00 (BRANCHES ALL Oyzn CHINA) "Owing to our numerous Branches

in China and connections in the

principal Commercial Centres of

Exports: $236,318,724, ก la- 'crease of £3,125,208 over the cor

responding period of the past year but a decrease of £14,895,321 com- pared with the first six months of 1937.

Re-exports: £28,101,342, a de- crease of £4,768,711 as compared with the Arst six months of 1838 and of £12.425.008 compared with the first six months of 1237.

LONDON BULLION

SHIPMENT London, July 15 (Reuter).

the World, we are able to extend The P. & O. Uner Rajputana

to our Clients special facilities for carries apecles valued at £141,400,

Domestic and Foreign Banking and including

"Exchange.

Head Office-SHANGHAI

Hong Kong Branch;

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

KONGMOON. SWATOW

TOISHAN SHLUCHOW. "KINGCHOW

We also handle the issue of Bonds. and other Public Funds of the Chinese Government both at Home

and Abroad.

SHOU. J. CHEN-

*Manager.

suver Bombay,137,500. Karachi £1,500

Gedibunder,

Port Bald, £400

Calzo, £400, Colombo, £400.

LONDON GOLD

London, July 15 (Reuter). Bar Gold, Fine per oz., 148/31 Dollar, Parity,

Mindanao Motherlode

PHILIPPINE MINING

QUOTATIONS

Atoks

Police stations, Are stations: (5) On the landing of an air-Arst-aid posts, hospitals or other civilian craft in the Colony, the fuel and depots of an essential' lubricants which are contained in service may use external Bumi | the tanks of the aircraft shall be hated signs to indicate their post- exempt from duty. No quantity. tion, but these must be so screened however, may be unloaded free of that no light is thrown above duty except temporarily and un- the horizontal or any appreciable der the control of the Superinten-High; thrown on the ground dent

Similar conditions qualify the (4) On departure of an air-use of lights in buildings.

NOTICE TO CONSIGNEES

OCEAN STEAM SHIP CO, LTD.

OHINA MUTUAL STEAM NAVIGATION CO, LTD.

NONSIGNEES per Co.'s Vessel

"ANTENOR

MAERSK LINE

NOTICE TO CONSIGN EKS

THE M.8.

T

#HULDA MAERSK "

haring arrived from New York and

hereby notified that their goods Bas FROM UNITED KINGDOM VI bằng added and placed at their risk info

SINGAPORE.

the Hong Kong and Kowloon Wharf

hereby notifed that their Cargo joon, whers defvery may be obtained na wo ba discharged me into Hall's soon sa the goods are landed. Wharf, Kowloon, where it will be s* Optional cargé žil Orignees riaz and subject to Terms here, unless notice has been given and Conditions of Storage at Holl's hours prior to vessel's arrival, What The Curro will be ready for carded on from port to port Delivery from Godown on sad after port of call to wh 15th July,

extenda Optional cargo will not be landed here 10 Claims will be admitted after unless Nation has been given prior to the Foods have left the Goldwas, "nod Steamer Ariel, but carried on fruîn Al Goods remaining undelivered after port to port final

craft from the Colony the fuel and Regarding always, it is provid-hall the photos funt port of call to the 18th July, 1988, wil he ankjest to

lubricants intended for the red that lights la trains and signal fuelling or imbrication of the air-lights on the "railway as are ne- craft shall be exempt from duty cessary to bring traffic to a stop or alternatively the duty Tevied on may remain it, but all such Hghts such fuel and lubricants shall be must be extinguished within three refunded.

minutes after the sounding of an 4. Section 30 of the Hydrocar air raid warning, or after rail 10.30 bon oils

1959, Ordinancer

traffic has stopbed, and shall not" 012 amended by the addition of the be it until the "raiders passed"

following proviso at the end there signal has been sounded.

1:90

Saturday, July 15, 1939,

Antamoks

IB

18'

Baguio Gold

20

Benguet Consol.

Batong Buhay Big Wedge

18

Coco Grove

22

Consol. Mines

0016

Demonstrations

Mindanao Matherlode Itogons

081

221

41.

Masbates Consol

10

Mine Operations

13:

North Camarines

24

Paracale Gumans

14

San Mauricio

Buyce Conso),:

12

United Paracales

40

Ipo Gold

155

Sundicate Investment

Surigao Consol.

II. L

HONGKONG,

00

16

Provided that this section shall not apply to drocarbon ofs

contained in the fuel tanks or 2. The new paragraph added other special compartments and to section 3 (1) of the principal used solely as full or lubricants Ordinance is derived from section

Bint

All broken, chaled sud damaged Goods All broker, chafed, and damaged Gnoda: are to be left in the Godown, whers are to be left in "this" Godöwas, whers they will be asamined on any Tuesday, they will be arsiminda" in 17th Filly, and Fridays between the hours of 1989, at 10 samą, by our Burveyors 10.45 alw, and Nouw within the From Goddard & Douglas.

To comply with the General Honded Stage period.

He Claims will be admitted after the Warehouse Regulation consiguens Goole karo laft the Stexaser's Godawa, must have a Bévente Offeer in attem and all Goods remaining undelivered: thes When dinged dusable Food

is the gand July, will be bjent examined.

to Rent, A.

before the

All claims pump reach us All Claims against the Steamer maat 18th Aug 1980, ur they will not be be presented to the Underrigsed on 25 mcognised, de before the thing, or they will not be recognised, an

No Fire Insuzsane will be effected,

for the engines of the aircraft, 10 (1) of the Petroleum (Con- 15th July, 1988

ship, motor boat ur motor vehicle, solidation) Act, 1928, and the and imported in and not removed proviso added to section 30of from such aircraft, ship. motor the principal Ordinance is intend- ed to make clear that an boat or motor vehicle

Importers licence will not neces

OBJECTS AND REASONS

1. Clauses and 4 of this Butary to cover the hydrocarbon olls will add to sections 3 (1) and which aircraft, ships, motor boats. 034 30 of the principal Ordinanca, or motor vehicles bring with them 101

No. 11 of 1939, certain provisions on arrival for their own use while similar to provisions which (with in port and which are not removed the sanction of the Secretary or therefrom.

SHAREBROKERS

ASSOCIATION

Volume of Business Tysoetod 0 Saturday, July 15, 1939 HK, Banka Electrics

1,340.00 54.50

No'luriuos will be effected. Bill 57 Lking will be countersigned by

|Hong Kong, 11th

JEBSEN & CO.

32 Ships In DONT FORGET

32 Months

At the reomt annna), meetfag

of the Burntland Ship Building Co.Ltd. Bcotland, it was favented by the Chairman Mr. Wi that in the past an shipyard had tar totalling 187,000

State in his despatch No. 57 of 3. Clause 3 of the Bill adda the 23rd February 1938) the Edf-two sub-sections to section 8 or tor of the Ordinances and Regn the principal Ordinance and are lations of Hongkong (1037 edition) (based on and are intended to im would have made in correspond-plement Article 2 (1) (a) and (b)

Таха ing scetions of the Motor Spirit of the International Convention

This claimed Ma Ordinance, 1930, had the latter concerning Exemption fro

Lubri-record that had not been Ordinance not been repealed and ton for Liquid Fuel and replaced by the principal Ordi-cants used in Air Trame

stance.

1st March, 1939,

senting a rate of one vessel od 4,300

by any shipbuilding plant Wond

THAT WHEN are at Home you can get the

HONG KONG DAILY PRESS

at SELFRIDG