ONGKONG DAILY PRESS
BANKS
JONGKONG" & SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
uthorised Capital. $50,000,000 ssued & Fully Paid-Up $20,000,000 eserve Funds: Sterling
INDIA, "AUSTRALIA
AND CHINA Incorporated by Royal Charter, 1858
Paid-Up Capital
£3,000,000 ....£3,000,000
£8,500,000 Reserve Fund H.K. Currency Reserve $10,000,000 Reservs Liability of Pro- Leserve Liability of
prietors ...... Proprietors...
$290,000,000
Head Office:-HONG KONG
Board of Directora:
A. L Shield, Esq.,
Chairman,
W. H. Lock, Fq..
Deputy Chairman,
Hon. Mr. J. K. Bousfeld,
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,
£3,000,000
HEAD OFFICE: LONDON: 38; Bishopsgate E.C.2 Sup-Agencies In London: 117/199, Leadenhall Street, E.0.3 West End Branch: 1/10, Corkspür Street, 8.W.I. ..
Manchester Branch: 52, Mosley Street, Manchester, 2
AGENCIES AND BRANCHES:
ALOR STAR AMRITBAN
BANGKOK
BATAV LA BOMBAY
CALCUTTA
ADENC128
H. V. Wilkinson, Esq.
Sir Vandeleur M. Grayburn,
CLIVE STUENT
Chief Manager. FARLIX PLACK
"CANTON
Bangkok. Johore.
Batavia. Kobe
HAUBIN
.1
PENANG HONG KONG RANGOON
SAIGON 120110 1POR
SEREMBAN KARACHI SHANGHAI SINGAPORE SITIAWAN HOURABAYA TAIPING TIESTSIN TONOKAH
(Bhuket)
ILANG
TOBI
KUALA
LUMPUR
KUCHING
Branches:
QUWNPORE
MADEAS
Amoy
Ipoh
Penang
MANILA
COLOMBI
Rangoon
DELMI
MEDAN
Saigon
HAIPHONG
NEW YORK
Bombay
Kowloon
San
HAMBURG.
PRIPING
Calcutta Kuala
.:
Canton
Lumpur Shanghai
Francisco RANKOW
Ohefoo
London
Singapore
Colombi
Lyons
Dairen
Malacca
Foochow
.Manila.
Banbury (Johore)
Bankok
Sourabaya Sungei
Patani
Haiphong Muar Swatiw Tientsin Mukden Tokyo New York
Harbin
Hongkes Peiping Iloile
Tsingtao Yokohama
(Peking)
TRINGTAU 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.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates obtainable on application.
FINANCE
Finance and
Fluctuation In Sterling Less Wide
Maximum
Commerce
Prices Of Rice
The maximum price of all grades
MONEY AND
EXCHANGE
of rice in the Colombo Municipal CLOSING QUOTATIONS
areas has been fixed by the Minis- ter of Labour, Industry and Com-
Extraordinary.
QUIETER TRADING merce, according to a "Gazette"
ON EXCHANGES
The prices for all provincial centres have been fixed on the basis of the maximum price fixed quieter to-day, for Colombo. the
0: said
SEPTEMBER 21, 1939
330
On London:-
Talegraphie Transfer. 1/3 13/16 Bank Bills, on demand/ 13/16 NEW YORK, Sept. 21 (Renter)---
Credits 4 months' sight 1/3-3/6 Sterling fluctuated less widely
On Shanghai:- trading with
On demand. while members
The charges for handling and Foreign Exchange
that carrying rice to the different on Singapore:
On demand discount unrestricted places have been added to the Sterling might further narrow of Colombo prices, and give the maxi-On Japan:-
as British mum
outside price disappear eventually payments for non-essential articles Colombo, become less and the balances re- maining in London are liquidated"
with
Belga sharply declined, due to the discussion at the possibility of a German thrust through Belgium, With the Guilder also weak, now- ever, other Europeans were mostly steadier
"LONDON GOLD
London, Sept. 20 (Reuter). Bar Gold, Fine per oz., 188
for Brezs
LONDON METALS
EXCHANGE London, Sept. 20 (Reuter). sellers buyers
E £ . TIN
Standard, Cash 229 Standard,
NEW YORK STOCK EXCHANGE
STOCKS.
Adams Express Alleghany Steel Co. Allied Stores
Aluminium Ltd
CURRENT Acentre opened in
The Bank's Head Offee in London | Allis Chalmers LOCAL CURRENCY and FIXED DEPOSITS received for one year, or shorter undertakes Executor. and Trustee periods in Local and other Cur-business, and claims recovery
terms which will be British Income Tax overpaid, on quoted on application.
terms which may be ascertained at DEPOSIT any of the Agencies and Branches.
rencies on
ALSO up to date SA Boxes in various sizes To L
Hong Kong, 3th June, 1900,
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 HoyORONG & SHANGHAI BANTING CORPORATION,
V. M. GRAYBURN,
Chief Manager.
Hong Kong, 25th Feb., 1939.
BANK OF EAST ASIA, LIMITED
Authorised Capital....810,000,000.00
Paid-Up Capital
Reserve and Undivided
Proits
5,698,600.00
2,883,932.01
Head Office:HONG KONG
No. 10 Des Voeux Road, Central.
Board of Directors:
Bir Bhonson Chow, Chairman
Li Koon Chun, Esq. Li Lan Sang, Esq.
P. K. Kwok, Esq.__
Wong Fun Tong, Esq.
Chan, Ching Shok, Esq.
Wong Chu Son, Eaq. Kan Ying l'o, Esq.
Fung Ping Wah Enq.
Kas Tong Po, Esq., Chief Manager.
Li Tae Fong, Esq., Manager.
H
Amoy
Batavia
Bombay
Oxlestia
Branches and Agencies :---
Malphons
Bankow Hollu Kobe
Yesanz Kowkiom
Loadoo
Mamia
Malbona
Kapak
Singapore Bourabaya
Saigon
San Fran. Bydnay
en final,
VARDOUVET
Seattle New York Pariv Pejplug
Satharang Shangha
Every description of Banking and Exchange hasines bransacted. Loans granted on approved securitien
in. QUEEN'S ROAD," CENTRAL HEAD OFFICE:
18, PINE STRENT,
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 BANK. NEW YORK, with Besources of over U.S. $2,900,000,000,
D. M. BIGGAR,
Second Vice Prev.
FARMING
Anaconda Copper
Bendix Aviation Bethlehem Steel
B'klyn-M'hattan. $8 cum pt. Canadian Pacific R'way.... Case, JI.
QUOTATION
On demand On India:
יי
2 1/8
15 1/2
Telegraphic Transfer. 192 3/8
..and demand On New York:
Bank Bills, on 'demand 94 1/8 Credits, 60 days' sight 25 1/4
Un Batavia:-
On demand
On Bangkok:-
On demand
Silver prices rose 1/18 yesterday for both deliveries, the quotations being 23.1/2 for Ready and 23.5/16 tor Forward. Bilver advices re- 2.3 having ported Speculators
bought to a small extent. The market was steady but quiet. quoted at American Silver' 38.1/2 for Spot.
was
The London/New York crom-rate was quoted at 402 New York/ London was quoted at 392.1/4.
Market
Sterling
There were sellers at 1/3 Sep- tember/October, 1/2.31/32 Novem- ber, probably December and 1/2. 2015/16 January, buyers at 1/3.1/32 Cash. 1/3 November and 1/2.31/32 January.
454
U.S. Dollara
Some business was done at 24.9/16 and also 24.5/8 for Cash. The market closed with sellers at 124.9/16 for cash, buyers at 24.5/8
Shanghai Dollars.
Shanghai Market.
sellers
for Spot at 45/16, buyers probably at 4.3/8
FRIDAY, SEPTEMBER 22, 1939. -PAGE 9.
LAMMERTS' AUCTIONS LAMMERTS" AUCTIONS
PUBLIC AUCTION. PUBLIC AUCTION.
instructions.
ms Undersigned have received THB Undersigned have received 1 instructions from The Liquida- tor of The Deutsche Klub
© to sell by
Un demand ... On Paris:
43 1/2
Bank Bills, on demand toge Crédita 4 months' sight 1:40
229-1/2
on Baigon --
On demand ..
107
3 months 227-3/4 228-1/4
Un Manila:-
48 1/4
180 1/4
Sterling Notes:
Bank Buying Rate Bar Silver per ca.
31/4
23-1/2
Last Sale
Sept. 21:
SEPT. 21,-1939
STOCKS
Last Sale
Market Report
10
Sept. 21
al
"FROM ROZA BROS.”
251
Johns Manville
79
J. & Laughlin Steel $7 pfd.
73
451
Kennecott Copper ...........
42)
87
Lakey Foundry & Mac..
31
of
Amerada. Corpa
Libbey-Owens-Ford
Glass
457
Amer. Can
1101
Lockheed Aircraft
232
American Cyanamid B
343
Loew's Inc.
34
Amer. & Foreign Power
21
Manhattan Shirt Co.
122
R. A. CAMIDGE,
Manager.
Ameri & Foreign #7 pt... American Gas & Elec
21*
Martin, Glen L
371
34
McKesson, Robbins
164*
THE CHASE BANK
Amer. Locomotive Amer. Metals Co.
225
Monsanto Chemical
107
.....
23Montgomery Ward
5-11
Amer. Radiator
10%
at. Dairy Products
151
Amer. Rolling Mill
21+
Nat. Distillera
234
Amer. S'ting and. Ring Co.
58
National Gypsum
101
Dull,
Amer. Bugar Ring
National Load
.231
Amer. Tel & Tel Amer. Tobacco "B" Amer. Waterworks
1601
Nat. Power & Light
8
781
National Steel Corp.
78
132
Nat. Supply Corpo
123
34
New York Central
Atchison, T. & S. Fe. Auburn Motors
301
Niagara Hudson Power -
71
4
N. American Aviation .....
201
Baltimore & Ohlo
7"
North American Co.
224
Barber Asphalt Co
144
Northern Pacific
11.
Barnsdal Onl
181
Owens-linola Glass Co. "
59
Pacific Gas & Elec.
301
92+
Pacific Lighting
45.
Bliss & Co.
184
Packard Motors
4
Cash.
Boeing Airplane Co.
271
Paramount Pictures
74
Borg-Warner
251
Pennsylvania R.R.
241
Sellers 341.
Biggs M'facturing
327
Phelps-Dodge
Brooklyn-M'hattan Trans.
yil
Philips Petroleum ....
451
40
Public Service of N.J.
Sterling
381
47
Pullman Inc.
37+
85
Pure Of ...
for Spot.
101
261
Radio Corpo. of Am.
6
412
Reading Company, Com:
171
Afternoon Market
873
Reading Company, 1st pfd
23
Steady but quiet,
94
Remington Arms Co.. Inc
6*
74
Republic Steel
271
811
Reynold Tobac, "B"
35
431
Richteld ON
81
Safeway Stores
401
64
Schenley.Distillers ....
127
301
Schenley, % pfd.
63
82
Sears Roebuck
78.
491
Seversky Aircraft
4%
29
Shell Union Oll...
15
01
Socony-Vacuum Oil
14
T
Bouthern Pacific
181
271
Bouthern Rly $5/pfd.
274
221
Sperry
497
Distillers Corpn. Seagrama Douglas Aircraft
151
Spicer Man.ufacturing Co.
28.
76
Standard Brands ......
178
Stand Gas & Elec.
3+
14
Standard Oll of California
304
26
Standard Oli of N.J.
Elec. Autolite Elec. Bond & Share Elec. Bond & Share 15 pl. Elec. Band & Share $8 p. Elec. Power & Light 57 DL. Flintkote
341
Stone & Webster .....
11
91
Swift International
32-+
561
Technicolor .....
11-1.
851
Teris Corpn. .....
471
314
Texes Gult Sulphur
361
London
17
Trans-America
Co......
મ
New York.
Gen. American Trus
Food Machinery Corp.
341* 20th Cent Faz, .........................
131.
Japan
50
20th Cent. Fox. $13 pl.
India
Gen. Mectric -...
417
Union Carbide & Carbon
91..
Gem MotorS
54
Union Pacific
1001
Parin Hongkong
221
United Aircraft
441
Sterling
221
United Airlines Trans. ......104
181
United Carpa. ..................
3
2:27
United Corpn. $3 cum pf. 35 United Gas Corpn.
Spot
**-21
Sept
0/4-1/4 0/4-15/32
291
United Gas Improvement 134
Oct.
201
Pittsburg Coke & Iron
124
30j
US, Industrial Alcohol
283
331
US. Rubber
43r
Spot .....
Sept
164
US. Rubber $8 prd.
1041
Oct.
US Steel.
771
Hercules Powder Co. Homestake Mining Industrial Rayon International Harvester int. Nickel int. Tel. & Tel.
92
Vanadium
361
534
Warner Bros. Pict.
· 4
27
Westinghouse Elec,
1131
· 683
Woodward Iron:Co.,
234
401
Chase National Bank
361*
51.
National City Bank
·30.*
Mid
2-ex div. DOW JONES AVERAGI
Celanese.....tre
& BUSINESS Chesapeake & Ohio
IN P.J..
A decided improvement in condi-
tions on the farin and in business
Chrysler Corpn.
Colts Patent Fire-Arms ...
Columbia Gas & EL
Columbia 6" "A" pl. Commercial
despite the prevailing low prices Commonwealth & 8. (ord.) of the principal export products, C'wealth &. 8. 6% cum p.. was reported by Secretary of Agri-Consolidated, Edison culture Senor Benigno S. Aquino in Consolidated Oil
4
his annual report for 1938 released Continental" Can
Continental Of recently.
Corn Products Curtiss Wright" (C.) Curtiss Wright .“A” · Deere & Co.
This improvement was markedly reflected in the important change which the system of agriculture and trade have been fast under- roing, he said.
Du Pont de Nemours Eagle Picher Lead
RECOMMENDATIONS Current Accounts opened in Local
In order that at the present Currency and Fixed Deposits re- ceived for one year or shorter stage of the country's economic periods in Local and Foreign Cur development, the efficiency and Eaton. Mig. Co.
the usefulness of
department on terms which will be rencies quoted on application.
should be enhanced, Secretary SAFE DEPOSIT BOXES TO LET.
made important recom- Aquino KAN TONG PO,.
Chief Manager,mendations, some of which are as
follows:
BANK OF CHINA
"
Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK
1. Reorganization of the burcau of lands with a view to simplifying and expediting action on land con- said Alicts threshed out in the bureau,
ILLEGAL FISHING 2. Purchase of speed boats for the use of this department in its campaign to curtail or at least minimize illegal fishing within the territorial waters of the Philip
"
PAID-UP CAPITAL $40,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerous Branches pines.
3. Disposition by sale of the in China and connections in the principal Commercial Centres of premises and buildings presently the World, we are able, to extend occupied by the bureau of plant to our Clients special facilities for industry and acquisition with the Domestic and Foreign Banking and proceeds there of a large and more Exchango,
Head Office:-SHANGHAI
Hong Kong Branch:
4, QUEEN'S ROAD, O." South China Offices:
CANTON
SWATOW
KONGMOON TOISHAN
ideal site.
TECHNICAL TRAINING
4. Sending of more technical men abroad to study the, progress in science and the advances in in- dustries made in other countries of the world,
a school of 5 Establishment of KINGCHOW We also handle the issue of Bonds fishery for the training of Filipine and other Public Funds of the citizens in modem and selente. Chinao Government both at Home methods of fishing and other phases of marine producta utiliza- and Abroad.
SHOU 'I, CHEN, tion, especially in the line of
SHIUCHOW
Manager. deep-sea fishing.
Gen. Railway Signal General Tire & Rubber Co Glidden Co......... Goodrich (BF) Godditch $5 pl. Goodyear Tire & Co.
Great Northern Iron Ore ... Great Northem is, pfa Great Western Bugar Greyhound Corpn... Hecker Products
1989
Sterilag
to sell by.
PUBLIC AUCTION
DE
FRIDAY, the 22nd SEPTEMBER, 1939
Commencingist 5.15 p.m.
At their Sales Room, No. 2. Connaught Road, Central, (Room No. 206, 2nd Floor).
A VALUABLE COLLECTION OF POSTAGE STAMPS
On VIEW from THURSDAY, the 21st SEPTEMBER, 1939.
PUBLIC AUCTION
FRIDAY, the 22nd SEPTEMBER, 1999.
Commencing at 10.50 a.m.
At No. 2, Connaught Road Central, 4th Floor,
THE FURNITURE AND EFFECTS
OF THE DEUTSCHE KLUB :
Comprising:
Couches and armchairs, Teak tables, Teak armchairs, Teak card tables, Crockery, Glass-ware, Cut- |lery, Linen, Teak Ice chest, Electric Celling fans and Hights, and Car
Terms: Cash on Delivery.
LAMMERT BROS..pets
AUCTIONEKRE.
VALUABLE LEASEHOLD
PROPERTY
Situate at
Victoria in the Colony of Hongkong
To be sold in
ONE LOT
By order of the Mortgagee
by
PUBLIC AUCTION
on
MONDAY,
The 25th Day of SEPTEMBER, 1939
at 3 O'CLOCK P.M.
by
Messrs. LAMMERT BROTHERS, Auctioneers.
At their SALES ROOM,
No. 2 CONNAUGHT ROAD
Fi
CENTRAL
2nd Floor
Victoria, Hongkong.
All those pieces or parcels of ground situate at Victoria in the Colony of Hong Kong and regis- tered in the Land Office as sec tions D, E, F, G, I, J, K, and the Remaining Portion of Inland Lot No. 672 together with all messuages or tenements, erections or build- ings thereon known as Numbers 564. 658, 588 and 570, Queen's Road West and Numbers 2, 4 and 6, Yat Fu Lane: Victoria Aforesaid and all rights, easements and appür-
No business was reported. The market closed with sellers at 1/3 September/October, 1/2.31/32 No- tenances thereto belonging.
vember, probably December and 1/215/16 January/February, buy- ers at 1/3.1/32 Cash, 1/3 Novem- ber and probably 1/2.31/32
January.
U.S. Dollars
The market closed with sellers at 24.9/16, buyers at 24.5/8 for cash..
Shanghai Dollars
330 Nominal.
Shangba: Market
Firm. 4.13/32 sellers for Bpot.
Shanghai Exchange
Shanghai, Sept. 21 (Reuter).
Oficial TT. Bates
Opening 0/3-3/4 6-1/8 20
20-7/8
2.73
24-7/8
Bellers Opening Cloning 0/4-15/32 0/4-1/4-
10/4-7/320/4-7/18
U.S. Dollars
$8-16/18 #7-5/18
6-15/18-
.... 6-25/32
Market--Steady.
Merchant Kate
Sterling 0/4-7/10..
UB. Dollars, $1-1/4.
7-5/16
Silver Duty Bate
7-5/32
The Central Bank of China's rate on London at 10 am. to-day was 1/2-1/2d, unchanged from yes- terday.
The Equalisation rate was 24-1/2
Annual Crown Rent 38730) · Area 9,050 square feet appro- ximately.
For further particulars apply to the Crown Solicitor. Courts of Justice, or to-
Messrs. LAMMERT BROTHERS, Auctioneers.
No. 2 Connaught Road Central Hongkong. 20th September, 1939.
SILVER MARKET LONDON SILVER London, Sept. 20 (Reuter). Silver-Small speculative buying. Market quiet but steady. In the afternoon, the market was very quiet and business was very small
at the rate:
Spot, 23-1/24. Forward, 23-5/16d.
NEW YORK SILVER New York, Sept. 20 (Reuter). Official Price, 38-1/2.
· BOMBAY BILVKE Bombay, Sept. 20 (Reuter Market-Uncertain.
Ready
Ontake 150 Ears; Indian Mint Silver.
Oct. 7. Settlement
Noy. 4 Bettlement
معلم
1 Large motor refrigerator 1. Piano by "Morrison"
1 Size Billiard Table (in good
condition) and accessories
فرام
and
New Model Telefunken
On VISW from THURSDAY the 21st SEPTEMBER, 1939.
Catalogues will be issued.
Terms: Cash on Delivery...
LAMMERT BROS..
AUCTIONEERS."
PUBLIC AUCTION.”
THE Undersigned have received structions from the Liquide-
tor,
to sell by
PUBLIC AUCTION
ОБ
WEDNESDAY,
the 27th SEPTEMBER, 1939.
Commencing at 10.30 am.
At No. 174, Pokfulam Road (Just beyond Queen Mary Hospital).
A QUANTITY OF VALUABLE HOUSEHOLD FURNITURE
Comprising:
Couch and Armchairs, Teak Bookcases, "Tear Desks, Grand- father Clock, Mantle "Glocks, Table Fans and Lamps, Oil Paintings, Bronze Figures, Ornaments," Cur- tains and Carpets
Teak Bedsteads, Divan Bed, Baby Cot, Linen, Cushions, Ferambula- tors, Teak Wardrobe, Teak Dressing Tables, Cherts of Drawers.
Teak Dining Table, Teak Side-': boards,' Chairs,
Out Crockery, Glass, Glass Ware, etc.
also
Blackwood Chests, Screen, Opium Stool, Tea Poys, Jardiniers, Carlo. Cabinet and Standard Lamp, etc.
and
Plano by Mostrie
1 Frigidaire
60-08 *59-98***
59-08-
1 Photo Enlarger
STOCK EXCHANGE BRIGHTER
LONDON, Bept. 21 (Reuter)--- The Stock Exchange was generally. brighter owing to improvement of sentiment.
Sept. 21, 1989.
Olls and internationals showed Hirb Low Dow Jones Averages, Sept. 19, High Low Close Change per cent.
·75499-181.57:182.55 41 ppSHANGHAI EXCHANGE MARKET 189 14 155,92 121.44 30 Industrial
32.19 33,18-22.89" 31.45
36 up
Exchanges are ruling firm on good final gains on larger demand, 24,97 2430 24.48 of heavy Chinese selling, inntenced but elsewhere trading continued to
84.91 $6 up
be smalle by continued, but unconfirmed, $57.00
peace rumours. Business Done -2,140,000 shares.
|24 23 24.14 20 -Baile 37.07 30.71 40 151
92.33 86.51 40 Bonds
21.71. 87.05
80.53-4569 17 Commodity Index 67.37
Wall Street was strong
1 Sun Ray Lamp
On VIEW from TUESDAY, the 26th SEPTEMBER, 1039,
Terms: Cash on Delivery;
LAMMERT BROS.
AUCTIONEERS.
No comments yet.
Private notes are available after approval.