1939-08-25 — Page 13

11.

HONGKONG DAILY. PRESS.

BANKS

HONGKONG & SHANGHAI THE CHARTERED 'BANK OF

BANKING CORPORATION

Authorised Capital.

$50,000,000

INDIA, AUSTRALIA

AND CHINA

Issued & Fully Paid-Up 20,000,000 Incorporated by Royal Charter, 1855

Reserve Funds:

Sterling

|Paid-Up_Capital £8,500,000 Reserve Fund

H.K. Currency Reserve $10,000,000 Reservs Liability of Pro- Reserve Liability of

prietors Proprietors

..#90,000,000

Head Office:-HONG KONG

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

W. H. Lock, Esq..

Chairman.

Deputy Chairman.

Hon. Mr. J. K. Bousfeld,

A. H. Compton, Esq.,

Hon. Mr. S. E. 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,

£3,000,000 £3,000,000

£3,000,000

HEAD OFFICE: LONDON: 38, Bishopsgate E.0,2 Sub-Agencies In' London: 117/129, Leadenhall Street, E.0.3 West End Branch:

14/18, Cockspur Street, S.W.1." Manchester Branch:

52, Mosley Street, Manchester, 2.

AGENCIES AND BRANCHES:

HARBIN

HON TONE

AGENCIES: KOM.

LUMPUR

KUOKING

MADRAS

SQURABAYA

TAIPING

TIENTSIN TONGKAN

Conservation

Of Stocks In Britain

Exports To Foreign Countries Are Prohibited

·con-

LONDON, Aur. 24 (Reuter) -The Board of Trade hna announced an order to

Country, serve stocks in this arrangements being made to prohibit forthwith, » except:

for- under licence, export to

Tarious eign countries

corn- modities, ".. These include aluminium, cop- per.. lead, iron, scrap iron. raw cotton, rubber. nickel, tin, raw jute. ground nuts. Unseed, palm oll, cocoanut oil, cotton seed oil

It was also announced that all licences under the Arms and Ex- port Prohibition Order, 1931. is forthwith suspended.

with

FINANCE

FRUIT GROWING IN

S'PORE IS RISKY

"Growing of seasonal fruits in Singapore is rather a chancy business,” said Mr. R. E. Holttum. Director of Gardens, in the course of an address of "Climate and Plants in Singapore", be fore the Rotary Club.

Mr. Eolitum explained that most fruit trees flowered during certain periods of the year, but the gap between, fruiting ser- sons might be anything from 18 months to two years. An" addi- donal factor which would tend to make the growing of fruits here risky was that crops were usually uncertain and small.

certain Seasonal flowering of

local evergreens, like the durian

and mangosteen, was dependent. Water-Power

Mr. Holttum sald, on dry seasons and, therefore, irregular. It was dimcult to make a definite state- ment on this point due to lack of recorded information

The collection of informs- tion as to the behaviour and growth of certain plants in this country would provide, fascinating study" for the amateur botanist, the speaker continued. Exsentials for plant growth are temperature range, water and cer-light. Mr. Holttum

went

Resources Of Canada

of the outstanding A review features of the waterpower resource of Canada has recently been issued by the Dominion Water and Power Bureau of the Department" of Mines and Resources, Ottawa.

Based upon rapids, fails, and power sites of which the actual

tain exceptions, as it is desirable, ¦ Changes in the behaviour and drop or the possible head has been growth of plants are alt correlated measured, or carefully estimated, it is stated that the available with changes in climate,

in the interest of Imperial se- curity, that these licences should (Bhuket) be reviewed.

ALOR STAR AMRITSAR BANGKOK BATAVIA BOMBAY

ILOILO 1POR

CALCUTTA

KARACHI

LANG

PENANG BANGOON HAIGON BEREM HAN

SHANGHAI SINGAPORE SITIAWAN

CLVE STERKT

KUALA

Chief Manager.

Kain PLACE

CANTON

Branches:

CAWNPORE CB

Amoy

Ipoh

COLOMBO.

MANILA

Bangkok

Johore

DELFI

MEDAN

Batavia

Kobe

HAIPHONG

Bombay

Kowloon

Calcutta

Kuala

Canton

Lumpur

Chefoo

London

Colombo. Lynna

Dairea

Malacca

Foochow Manila

Haiphong Muar

Francisco Shanghai Singapore Sourabaya Sunpei

Patani Swatow

HAMBURO HANKOW

Tientsin

Bankow

Mukden

Tsingtao

Bamburg (Johore)

Penang Rangoon Saigon San

Tokyo "

Harbin New York "Hongkew Peiping Yokohama

Iloilo

readies

NEW YORK PEIPING

(Peking)

SHINGTAO YOKOHAMA

FOR ION 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.

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

CURRENT ACCOUNTS opened in LOCAL CURRENOY and FIXED DEPOSITE The Bank's Head Office in London received for one year or shorter undertakes Executor and Trustee periods in Local and other Cur business, and claims recovery of On terms which will be British Income Tax overpaid, on quoted on application.

terms which may be ascertained at Atao up to date. SAFE DEPOSIT any of the Agencies and Branches. Boxes in various sizes To Lar

R. A. CAMIDGE, Hong Kong, 5th June, 1939,

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 CORPOLATION.

"V, M. GRAYBURN,

Chief Manager Hong Kong, 25th Feb., 1938.

BANK OF EAST ASIA,

LIMITED

Authorised. Capital......$10,000,000.00

Paid-Up Capital

Reserve and Undivided

Profita

5,598,800,00

2,883,932.01

Head Ofce:-HONG KONG "

No. 10 Des Voeux Road, Central.

Board of Directors:

Sir Bhouson Chow, Chairman

Li Koon Chan, Esq.

F. E. Kwok, Esq.

-Li Lan Bing, Esq.

t

Wong Chu Son, Ear

Wong Tan Tong, E. Kan Ting To, Bay, Chan Ching Shor, Esq. Fung Ping Wah Esq. Kan Tong Po, Esq., Chint Manager.

L Tan Fong, Esq., Manngar.

-Branches and. Agencise 1-.

Котость London

Ame

Balarin

Bombay

Manila

Chentia Ifaiphong

Hallow

Hopoldin Labe

Penang Mingapore

Hangoon Bourabaya

Algem Ewalow

Malbourne Ban Fran. Bydany

siano Tentan Hugsaks

Vancouver

New York Seattle Paria

Folping

Bearing Shangha

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

Manager.

THE CHASE BANK.

16, QUEEN'S ROAD, CENTRÁL

An

HEAD OFFICE:

19, PINE STREET,

NEW YORK. 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 BARE, New York, with Resources over

·U:8.82,500,000,000.

D. M. BIGGAR,

Second Vice Pres

WAR RISK

INSURANCE INCREASED

RATES NOT AS HIGH

AS LAST SEPT.

· LONDON, äg. 24

"The Institute.. of

(Reuter) London

Underwriters has decided

21

H. K. STOCK EXCHANGE

So much chat of an inconsequent nature took place during the day. little attention was paid to the market. Recordings on the Board were not extensive, and the giving way in prices shown was only to be expected.

BUYKRS

under

In Singapore, there is no cycle water power-totals 20,347,400 hp. conditions of ordinary of alimatic change" dividing the "Year" into seasons of growth and minimum flow and 33,617,000 h.p. ordinarily available for six months rest; plant growth is possible throughout the year. Certain "Imot the year. The total turbine ported" plants keep on

installation as at January 1, 1939, growing: all the time but they never flower was 8.190.772 h.p.

The

estimates were power Fickle Rubber The growth and flowering of the calculated on the basis of 24-hour at 60 per cent Flame of the Forest, a very com- Dower

emciency for conditions of mon plant in Malaya, are excep-

minimum flow and tions to this general rule. They do ordinary" not depend on seasonal changes; ordinary six months' flow. The rather, the lear-life of this piant ordinary minimum flow was based determines Its flowering and on the average of the flows for the two lowest periods of seven' con-

Leaves of rubber trees have the Becutive days in each year in which minimum span of life, and these records are available. The ordinary trees change their leaves whenever six months' flow was based upon there are very small changes in the continuous power indicated by the flow for six months in the weather.

year.

Hk. Lands 4% Debentures, Par.growth.

SELLERS HK. Lands, $32.

SALES HK, Lands, $31/31. Yaumati Ferries, $221, China Lights (0), $7. RK. Electrics, $531/51, Watsons,. $74.

PHILIPPINE GOLD MINING QUOTATIONS

י.

Atoks

Antamoks

Ipo Gold

15

17

Baguio Gold

16

Batong Buhay

011

Benguet Consolidated

0.60

Big Wedge

-18

Coco Grove.

17

Consolidated Mines

0015

Demonstration

08

I. X. I

37+

13

Itogons Mining Manbulao Consolidated Masbates Consolidated Mindanao Motherlode Mine Operation

19

... 05/

031

071

101

North Camarines

194

Paracale Gummaus

134

San Mauricio

74

Surigao Consolidated

19

Buyoc Consolidated

11

United Paracale

301

QUOTATIONS

PHILIPPINE GOLD MINING

Atoks

ני

A phenomenon in Singapore plant life is to be found, Mr. Holitum said, in the flowering of the Tembusu tree... "The plant flowers if dry weather

wet follows immediately" a season. This sudden change in temperature is all that is necessary for the Tembusu tree to flower.

Estimates Of Power

Estimates of power an the basis of ordinary six months' Low were made on the assumption that it is sound commercial practice. to provide installations up to an amount of which the continued operation can be assured during six months of the year, with the Another strange aspect of plant deficiency in power during the lite in Singapore is to be found in remainder of the year provided by the case of the Pigeon Orchid. storage by inter-connection with' sudden drops in temperature of other plants operating under 10 to 15 degrees‘gre sufficient for different conditions," or "by the this species of orchid "to flower, installation of fuelpower plants as and usually their buds open if a auxiliaries. dry day follows a Sumatra,

The total turbine installation of 8,190,772 h.p. represents the sum of the manufacturer's ratings of the different units under the heads at which they are installed, and

UNFAVOURABLE TRADE BALANCE CHUNGKING, August. 24 (Cen- tral-An excess of $231,297,188 represents only 181 per cent. of Imports over exports from April the present recorded water-power

to June this year is revealed by statistics compiled by the Chi- nese Maritime Customs. accord- ing to a Shanghai report.

Imports during the period un- der review ..totalled $448,944.355 while exports, $217,847,187.

SLIGHT RALLY ON

resources.

RESERVE BANK OF INDIA STATEMENT

Calcutta, Aug: 23 (Reuter)..

- Aug, 11 Aug. 18

Notes in circulation

(including Notes.. held in the Bank- ing Department)... 31,496 21,602 LONDON, Aug. 24 (Reuter)-OnRupec Côặn and Bul- -

7,366 7,471 lion in India, ...... the London Stock Exchange, after

an initial marking down, there Gold Coin and Bul- was a slight rally and the prices lion in India

4,1544,154

4

.15

Antamoks

17

Bagulo Gold

18

Batong Buhay .....

011

Benguet Consolidated

09,60

Big Wedge

STOCK EXCHANGE

18

Coco Grove

17

Consolidated Mines

0015

Demonstration

08

to

I X. L.

371

Ipo Gold

13

of most groups closed around the Securities

Itogons Mining

19

day's opening levels, with pcca-

sional small net gains.

Mantulao Consolidated

052

"Masbates. Consolidated ...... '084

Wall Street, was easier.

Government) Securities

Government)

(Indian

(British

10)

191

RICKMERS LINIE

HAMBURG-AMERIKA LENIK

134

74

19

111

30%

THE 8.8.

increase war risk insurance.

Bates, which are not near- ty so high as In September last year, are as follows:

Africa

To the Mediterranean from 10s. Current Accounts opened in Local to 358 per cent; to Baltic from Currency and Fixed Deposits re- 78. 6d. to 30s., to South ceived for one year or shorter and East Africa from 10s. to 305. periods in Local and Foreign Cur outwards, 40s. homeward; Aus rencies OF terms which will be tralasian ports from 7s, ed. out- quoted on application.

·SAFE DEPOSIT BOXES TO Lar

KAN TONG PO,

"Chief Manager.

BANK OF CHINA

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

.. BANK

PAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerous 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 Bauking and Exchange.

Hezd Office-SHANGHAI Hong Kong Branch:

4, QUEEN'S ROAD, C.

South China Offices; o

CANTON SWATOW SHIUCHOW

KONGMOON TOIBHAN KINGCHOW

ward_and_homeward_to_155. out- ward and 208. homeward.

Cargo Pool

not

The foregoing rates. do apply when Insurance of - riska is covered by the recently - con- stituted " Government - sponsored War Risks Cargo Pool.

A feature of the hew ar- the exclusion "rangement is

of vessels calling under Ger- 'man and Italian flags. · · These may be rated at the discretion of the underwriters.

MORE TAXATION

Mine Operation ......

North Camarines

Paracale Gummaus

San Mauricio... Surigao Consolated Buyoe Consolidated. United Paracale Mindanao Motherlode ... 072

HONGKONG

· SHAREBROKERS

· ASSOCIATION

Volume of Business Trmaskcted on Thursday; August 24, 1989. HK. Flectrics

100 $61.00 HK Landa

200 31.50 100 31.00

HK Lands

Unions

Watsons

Yaumat!TM Ferry ·

20 350.00

500 7.25 500 22,50 1825 Gold Dollar - PLANS IN JAPAN

Bond. US $400 at 28% SHANGHAI, Aug. 23 (Int'l)-The Benguet Consol 300 P.10.10. Japanese Finance Ministry has U. Parziale

2,000 Ps. 0.30) drafted a plan of increasing taxa-

next year.

NOTICE TO CONSIGNEES

—R. O. RICKMERS”

3,738 3,738

5,950 -5,950

NOTICE TO*CONSIGNEES.

THE MS.

T

RAMSES"

having arrived from Hamburg and having arrived from Hamburg and Ports of call. Consignees of Cargo are Porta of call; Consignees of Cargo are hereby notified that their goods are hereby notified that their goods are being landed and placed at their risk being landed and placed at their risk nto the Hong Kong & Kowloon into the Hong Kong & Kowloon Wharf Wharf & Godown Company's godowns & Godown Company's godowns at Kowloon, where delivery may be Kowloon, where delivery may be obtained- sa soon as the goods are obtained as soon as the goods are Landed.

Optional cargo will not be landedetional cargo will not be landed here, unless notice has been given 48 here, unless notice has been given 48 hours prior to vessel's arrival, but hours prior to vessel's arrival, but carried on from port to port to the carried on from port to port to the Bcal

port of cali to which the option final port off call to which the option: extends.

Claw textends,

than

No claims will be admitted after the No claims will be admitted after the Goods have left the Godowns, and all Goods have left the Godowns, and all goods remaining undelivered after the goods remaining undelivered after the 28th Aug, 1989. ll be subject to 28th Aug., 1997, will be subject to emt.

All broken, chased, and damaged All broken chuted, and damaged | Goods are to be left in the Godowns, Goods are to be left in the Godo is where they will be examined on 26th where they will be examined on 26th Aug, 1929, 10 am. by our Sur Aug, 1989, at 10 by

According to a draft of a COTTON CONFERENCE:eyors Mosers, Goddard and Dengias Busyeyote Menst, Goddard d

¡plan received here, taxation will

be increased by 730 million⠀⠀yen, reaching a total of 3,300,000,000 yen.

In this connection even the Japanese newspapers are forced We also handle the issue of Bonds to admit the danger of too great

NINE COUNTRIES.

TO TAKE PART

WASHINGTON, Aug. 24 (Reuter) The United States Department of Agriculture announced that nine COMMO

and other Public Funds of the an increase in taxes. The news Brazil, Britain, Chinese Government both at Home papers "Nicht Michi" and "Kuku Buden. Peru and and Abroad..

2 min”. (point out that the tax on represe SHOT JA CHEN, the consumer's foods will be a tional

Handger heavy burden to the population. September 5.

To comply with the General Bonded Dongles Warehouse Regulations consignees To comply with the General Bonded „must have a Revenue Officer in Warehouse Regulations consignses, attendance when damaged dubisible must have a Revenge OfBeer in goods are examineday my attendance when damaged antiable

All claims muk much as before the goods are examined. 18th Sept 1930, or they will not be recognized.

No Insurance will to

Bills of Lading will be o terigned

ANTERSENS &÷00,

br

Hong Kong, 22nd Aug; 1989:

All claixas" must reach us before 29th Sept., 1938, or they will not be. recognized TERT

by:

No Insurance will be affected Bille of Lading will be countersigned

JEBBEN L

[638 | Hong Kong, Hat Ang, 1929,

FRIDAY, AUGUST 25, 1939. -PAGE 13

PRESIDENT LINER

Sailings

FOR SAN FRANCISCO & LOS ANGELES vís SHANGHAI, KOBE, YOKOHAMA and HONOLULU 18.8. “PRESIDENT CLEVELAND" Sala Aug. 26th at 18 Nook

8.S." PRESIDENT FIERCE·

AS "PRESIDENT COOLIDGE " *8.8" PRESIDENT TAFT **

8.8. PRESIDENT CLEVELAND "

*S.S." PRESIDENT FIERCE"

*OMITS SHANGHAI,

OMITS YOKOHAMA

נ

Sept 9th at 400. P.M.

Sept. 13rd at 9,00 AM.

**

Oct. 7th at 800 A.M.

Oct. 21st at 8.00 AM.

Nov. 4th at 8,00 A.M.

AND FORTNIGHTLY THEREAFTER

FOR NEW YORK & BOSTON

VIR SUEZ

5.S.FRESIDENT HARRISON “ 8.8. "PRESIDENT HAYES"

++

Sails Sept. latt 1 Noo

Sept. 14th at 13. Noon AND PORTNICHTLY THEREAFTER

FOR MANILA

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

Salla Sept. Ist at 12 Noor

11

Sept. 3rd at 9.00 A.M.

11

Sept. 18th at 1.00 A.M.

Sept. 29th at 18 NOON

AMERICAN PRESIDENT LINES

"ROUND - WORLD SERVICE*

12, PEDDER ST.

THE

TEL: 28171..

CHINA-SIAM

LINE.

HONG KONG-BANGKOK 3.3. “HELLAS" leaving Hong Kong 25th August 8.1. “HELIOS* leaving Hong Kong

30th August

BONG KONG-SWATOW-AMOY

Accepting Passengers & Cargo for all the above mentioned ports.

HONG KONG~—SINGAPORE-PENANG-RANGOON Regular Express Service

30th. Aug-

m. "HAL HING" leaving Hong Kong

Accepting cargo for all the above mentioned ports.

Excellent passenger accommodation available.

For freight, passage rates and all other information-Apply to 1– THORESEN & CO., LTD.

Queen's Building.

Tel. 30937.

General Agents.

THE BEN LINE STEAMERS, LÆD

S.S. "BENMOHR"

Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG” and LEITH on or about the 6th September, 1939.

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

For Freight and Fassage apply.

to the Agents

W. R. LOXLEY & CO., (CHINA) LTD. York Building,

Tel. 84165

CONSIGNEES' NOTICE,

THE BEN LINE" STEAMERS, LTD.

From LEITH, MIDDLESBRO", ANTWERP, LONDON

AND STRAITS

BAREER-WILHELMSEN LINE

MOTICE TO CONSIGNEES.

^M.V.~*TAI" PING YANG” From U.S.A via P.I. PORTS.

CONSIGNEES of Cargo are hereby

informed that all Goods are being landed at their risk into the Gedowns of the Hongkong and Kow loon Whart & Godown Company, Ltd. at Kowloon, whence and/or from the wharves delivers to be co

Trx 8.8. BENARTY,"

TONKIENEES. of Cargo aze hereby domed that all Goods are being landed at their risk into the kandons Optional curo will not be landeth and/or mates hoonelons Goles of the | hơng, unless notice has been given to BOR KONG AND KOWLOOK WRAKY a bours prior to vessel's arrival, but oar Godowa Conceărri Erro,, whence and/or | ried on from port to port to the Aust frome the wharyse - Delivery/may be port of call to which the motion obtained. N

extends."

No Gladma will be admitted after the No clnings wilt ne admitted floods have left to Godowns, modal Goods have left the Godoy, and Al Gooda remaining undelivered after the Goods remaining, undelivered, after – 81st Ang., 1938, will be subject to rent, the 15th inst, will be anl 18, All Olime against Las Brammer weak - All claims Against the be presented to the Undersigned on or be presented to the under before the 11th Sept., 1989, ar khey will before the 31st_inst

not be recog

not be recogniandien paid

To comply with the General Bonded

Warehouse Regulation

"mongt have a Bevertime know when kismaged

All

Hong

All broken

Goods are to. where they will be $4th inst., s#10 62: Mentes; Goddard

In the