BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorised Capital ......... $50,000,000 Tested and Fully Paid-ing 20,000,000 -Easerra-Fonds:
Sterling
„Saver
£5,500,000
$10,000,000
Reserve Liability of Pro-
prietors
9,000,000
HEAD OFFICE; BONG KONG,
&E Dodweli. Eng.
Chairman.
BOARD OF DIRECTORS
C. C. Inight. Eng.
Deputy Charmed
Hon Mr. W. H. Bell
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.” Incorporated by Royal Charter, 1853. HEAD OFFISKE ONDON
Paid-up Capitali
Reserve Fund
Reserve Liability of Pro-
prietors
Arencies and Branchen:
Dado
Ipob
Mang
BRON
Slee Star
Bangoon
Saigon
| Dangkok
| Bombay
Calmatie
Takin
Soerendaa Shanghai Engram
Caempora
Lutput Euching
Sacada
Manzia Nadra
Tiest Congkak
New Tack
Boar Mr.J. Paterson cou A.E. Compton Esq. T. E. Pearce Bag, Colbe
Mt. Johnson Esq., J.A. Phimmoner 250, Haiphong «G. Miskin Esq. 4. L. Shields Esq.
XOX
BANGKON
HONGLEW
ILOILO
ZOSUKE
IOSX
XUYLOOM
V. 3. Grybaru. Esq
Chief Manage.
BRANCHES.-
KUALA LUMPUR
LONDON
LIONS
MALACCA
SLANILA
MUAX Gokurey
MUIDEN
KEW TORT S
PEIPING
PENANGI
BANGOONTM
SANGON
SAN FRANCISCO
SHANGHAI
SINGAPORE
SOUHARAYA
SUNGE PATANI
TIENTS.
TOKYO
TSENGILO
YOKOHAMA
Cart Accounha spetted in Local Currency and Find Deposite recurred fox ans your or sborste parade in Local Currency and Sterling
on which will be quoted an eṣplication. £650 up 30 date SAFE DEPOK BULEN En vacissism TO LET.
Baby Long, ist November 195,
HONG KONG SAVINGS BANK
Tambure
Bankow
Harbin
Perpiny
(Paking) Fran
(Blank)
“Yokohama
Zacabanes
Bong Kong
Foreign Exchange nad Ceneral Banking him Carmer Accrate sport and Psd Deposits
transacted
zucarved far we zest or shorter purvode at TADOS which will be quoted an appliesdiens.
A. BREARLKY,
By Manager. Hong Kong 1st January, 1935.
THE
THE CHINA MAH, WEDNESDAY, DECEMBER 18, 1935
ommerce and Finance
LOCAL, DOLLAR ADVANCES
"Spot" Silver Down The local dollar has advanced . opening on demand this mora- ing at 19:
"Spot" silver declined 1 to 24%, and there was no quotation | for "forward.”
The London on New York cross- rate was quoted at--US$497. as compared with US$190 while the New York on London cross-rate was unchanged at US$49773-
BRITISH SHIPPING CONDITIONS
AMERICAN EXPRESS COMPANY, Threat From Subsidised
INC
Head Office: 65, Broadway,
Capital
Surplus
Reserves
New York
U.S.$6,000,000.00 2,183,633.06 870,731.05
BRANCHES.
Amsterdams
Trecon
Glasgow
The Hague
Au
Eamba
Hahe
Barkin
Boobay Broom
Basin mar - ba
Bannel
Banditess Interlaken Harunalmen
Nes Kapies PYME Pari Peiping PriemoTM Botterdam
Caly
Landon
Calenta Cont
* Butinem of the store' Bank ze wond1208-
ed by the HONG KONG AND SHANGHA BANKING CORPORATIOssi
shawned on appliance.
FOR THE HONG KONG AND SHANGRA BANKING CORPORATION.
*V. X. GRAYBUZIN,
"Chief Masagir.
Bong Kong. th February, 1955.
THE BANK OF EAST ASIA, LTD.
Colombo į Coping
Dubite Edinburgh Floras Geners
Litwepoci
Lacerse
Intro
MALTOR
Moche Cale
Stanila
استم لا
Slanghai Southampton
Tenkas *sorming
Venice Yokoha.com Zazion
Foreign Services
London. To-day.
LOCAL SHARES
TO-DAY'S QUOTATIONS
- The following is the list of local: share quotations issued to-day- Banky
H.K. Bank S1470 L.
HE Bank (London) 597 21 Chartered Bank 513 n Mercantile Bank A. and
52874.
Mercantile Bánk C. #13 n
Bank of East Asia $7014
Insurances
Canton Ins. $270 n *Union-Ins, $555-3, $555/560
China Underwriters $1.10 3. China Fire Ins. $480-n. HK Fire las. $260 m International Assce. $ë n.
Shipping
Douglases $36.:** *** HE "Steamboats $4 n.. Indo-Chinas (Pref); $30 ́n. *Indo-Chinas.- (Del) : $11-n. -Shells: (Bearer) 30/71⁄2 1. Union Waterbosts $12 -
The President of the Board- of......... Trade, Mr. Walter Runcănan. was questioned in the House of Commons, yesterday regarding the decision of the Peninsular and Oriental Steam Navigation Com pany to withdraw the service of ships between Australia, New Zealand. San Francisco and Van- couver on account of subsidised foreign competition.
He said that the position of thej British lines concerned had been under discussion between the Gov- ernments of New Zealand and the Commonwealth of Australia Branches of American Express The understanding was that in Esteve and Undivided. Predia$80,000.00 Company in Principal cities of United view of their special interest in
States of America, and Canada.
Authorized Capira:
Zaid-up Capita
„$200,000,000.00
$3.99€ 600,00
HEAD OFFICE-HONG IUNG.
10, De Vaux Boud, Central
BOARD OF DIRECTORS:--
Sir Shou-oo Chow, Chairman. Lox Chan. Zog 2. I wok Eng., Thong Itu Tour, Zag Chan Ching Shak. Eng- I L
Wong Cau Non, Fay..and Kan Yang
+
Kan Tung Po, End. Chisel Manage. Li Ime Fone. Eng. Marg
BENCHES AND AGENCIES:
Xaniin
Melbourow
Batavie
Babay Oniecion
Kagmanki
New York.
Dania
Haiphong
Paris
Bankom Masalala
POPULE
Panant.....
Essgoon
Feb
Xowloon.
Saigon
San Francisco
Sant
Sanche Singapore Sosya Swalow bydney
الردة
Vancouver Takobsons
JT
Every description of Basking and Expiange buizens trucsacted. Louna granted on approval | Securities.
GUTROS Accorde opwed us Local CeITORCY and Find Deposite orived for one your or shorter periods in Local sad Forrige Camenzine. es terms which will be qroved or application
Sale Deponiz Boss o
KAN TONG TO.
Chal Manager.
Xoniesz
Con
the subject the Governments of All classes of Commercial Banicing those Dominions should Transactions undertaken.
sider what action they could take to deal with the position. ́. The Personal investment accounts hand-matter was receiving their con-
sideration-British Wireless Ser-f
Ted.
REICHSMARK QUOTATIONS Berlin,to-day. Reichsmark quotations (without quarazize). EW. DUGGAN, yesterday were: New York, 40.22: Manager. Paris, 609; Amsterdam, 59.37; and London, 12.255. The Faris ater-
The Company offers to intending vice. Travellers the use of its “Travellers Cheques" and Letters of Credit and, In addition, the world-wide services) of its thereaghly equipped Travel Department
THE CHINA & SOUTH SEA BANK" {ling quotation was 74.54-74.57, and
LIMITED
(Incorporated in China) Head Office-Shanghai
$1,500,000.00
$1,500,000.00
Capital Reserve Branches-All Important Cities in
Chins
Porriga Earbsage and General Banking Business
transacted
Current and Sering. Accounta: opened and Fixed
rates which will be quoted on applicuetoka
THE YOKOHAMA SPECIE BANK Dept for one year aborter paciente
LIMITED
Established 1830 -
DOT Z CHANGLO-
Mazag
Manager'
ROSO KONG BRANCH: 36. Des Votiz Bond: Central
One Foreign Exchange - Deplu Gederal Offe
Capital (full paid-up) Yen. 100,000,000|| Calbiada. Gồm Beserve Fund................ Yen 127,450,000)
Fend Offer: YOKOHAMA
Branches and Agencies at.
Nagasak
Alexandria
Batavia
Berline
Bombay
Calcutta Canton
Dairen (Day) Fengtien" (Mukden]
Hamburg
Hankow
Robin A
Hong Kong
Henoluby
Hainking
Karachi
Exbe
London
Los Angeles Manila
Nagoya New York
Oszkx
PER
Peiping Bangoor
Ria de Teneiro San Francisco Seattle
Semarang
Shanghai
Singapore Sourabays Sydney Ticutain
Tokyo.
Tsingtan=" Yingkow
Interest allowed for Current A
க
Deposits received for fixed periods
at rates to be obtained on, application.
PC: FISHINAMI,
Manager. Hong Kong, 12th September, 1996,
POPEYE
THE WING ON BANK, LTD.
Head Office: Hong Kong
the dollar, 15.12 9/16-15.1275.— Trans-Ocean Service.
THE MERCANTILE BANK OF
INDIA, LTD..
HEAD OFFICEA Gracoburch Street, London, ECA Authorised Capital £3,000,000 Subscribed Capital
Paid-up Capland
1,300,000
1,050,000
Reserve Fund & Rest. 1,247830,
BANTERS-
The Bank of Engluvi 2 Midland Bank., Ltd., BRANCHES:
Bangkok
Bombey
| Calcutta
Colombo Delhi
Ga
our Tour [Zowrib
Epoh
Kandy
Karachi
Kota Bhar
I spen
Key Tork Penang
Port Lour
Chantritions Rangoon Lucia Lane Shanghai Emantan (Panza tummia
Kadra
Singapore
HONG KONG SEANCE.
Every description, at Baning, and Exchange business testamtąd.
Terollers Cargues iseved
Frust and Este undertaken.. INTEREST allowed wa Curea AreoALTI LA Fixed Deposita at Putre cont may be averrated fon application:
* RESNEDY,
28, Des Voeux Road Central. Authorised Capital-$10,000,000-
LONDON BANKERS: Westminster BK 12. Foreign Exchange and every dea-lit. cripton of banking business transact- ed:
Current Accounts and Savings - An- counts opened. Fixed Deposits re- ceived at atas which will be quoted on application
Trusteeship & Executorship under- taken Safe Deposit Boxes for hire PHILIP GOCKCHIN. Chief Manager.
QUALITY PRINTING
With Quick Service
THE NEWSRAPIE EXTERPRISE LTD.
CHILA BAR, BEDA.
"Yes, Sir,That's My Baby!"
| SHE'S JUSA MERMAID, BUT: YAM SO LONESOME FOR FEMININIKY-1-KIN NO
Quino's Pond Contin Hong Kong, 25th July, 1976,
THE
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED
(Incorporated in China)(f
Capital paid up ............$5,000,000. Reservis Capital Savings Dept. $500,000. Reserve Savings Dept. $600,000. Head-Ofice-Shanghai
$7,300,000.
A Bank having as te maissien the industrial development on China and the fostering of her commercial relations abroad.. Hong Kong Office-
7. Lee House St. Phone 31481-2-3
́ ́ID BE VERY HAPPY-
TO MARRY THE KING/
LET'S GET MARRIED
.
NEW YORK STOCK
MARKET
Steadier Appearance-
Presented
]pany, report:-
ance
COAL DISPUTE IN BRITAIN
NO AGREEMENT REACHED
NEW ADVERTISEMENTS
CHINA, LIGHT & POWER
CO., LTD.
N
TOTICE IS HEREBY CH
that on FRIDAY, 20/12/35, the Supply of Electricity will be interrupted at 9-am and again-
PRICES GENERALLY UPWARD PROPOSED INCREASE OF
WAGES NEXT MONTH Messrs. White, Weld and Com pany, New York Correspondents
Landon, To-day 4 pm for a period of approxi- for Messrs. S. E. Levy and Com-: No agreement was reached at a the area bounded by the sea, Jor- mately one hour in each case in meeting last Monday evening last dan Road, Canton Road, a line Stocks: Following the weaknessing nearly five hours between continuing Navy Street and rim- of yesterday, the markets to-day presentatives of the coal-owners ning from Canton Road to Nathan presented a much steadier appest and the Miners' Federation. The Road, Nathan Road (including and prices were generally owners regretted that their East side from No. 216 to Na
îndustrial quest to be allowed to increase i Award. Dow Jones"
228), Ningpo Street, Battery as 149, prices under the existing contracts Street, and Saigon Street. average gained as much while railroad and utility averages had not hitherto met with such a
When supply is restored at ag were also up." In spite of to-day's favourable response as had been proximately 10 am the frequency, advance, we are still of the opinion hoped, and intimated that in pre will be 50 cycles. Įthat unless some unexpected good (sent circumstances the utmost they was that wages sajnews appears, trading rallies will could undertake
remain limited for the present should be increased in every dis- Business done: 1,590,000 shares. trict on January 1, the amount of -Cotton: We understand that the the increase and other details be-
Antamoks $1.35 Balatoes 3176 n.° Baguio Gold 22 cts. . Benguet Consolidated $154 D. Benguet Exploration 11 cts, IL Big Wedge 12 cta. n. Gold Creek 30 cts. n. Gold River 7 cts. m. Ipo Mining 90 cia. 11. ...Itogons. 361⁄2 cts. `n
Salacats, 15 ets. n.. Kailan Mining Ad. 10/3 ze
Langkats (Single) Sh.$12 a. Shai Exploration Sh.$471⁄2 n. Shanghai Loans $51⁄2 n. Baube $10 n
Venz; Goldfield $ .
Docks, etc.
HK and K. Warves (old)
$91% b
HK and K Wharves (new)
$3934 L.
HE. and W. Docks $9 ne Providents (old) $1.45 Providents (new) 15 cx. 3 Hong Kew Sh. $2871⁄2 1. New Engineering Sh.$4. n. Shanghai Docks, $80 1.
Cotton Mills
Ewo Cotton Sh$9% n Shanghai Gotton" (old) Sh.$75
IL
Shanghai Cotton (new) Sh$41
11.
Zoong Sings Sh$12.
Wing On Textiles Sh. $25 1, Lands, Hotels, etc. FK and S. Hotel 35 m. RK. Lands $34. b., & $34 sa.
HK. Lands 4% Debentures $100 Shanghai Lands Sh$20 1 Metropolitan Lands Sh. $10: a. Humphreys $10 m.
HK Realties $515 n Chinese Estates $86 n. China Realties $4 a
· China "Debentures Sh.$35 2.
Public Utilities:..
H.K. Tramways $1440 n Peak Trams (old) $5 m Peak Trams (new) $4 n Star Ferries $90 s.
Yaumati Ferries $17 1.
·C. Light $11-n.
EK Electrics 569 - Macao Electrics $20-1. Sandafan Light $210 z Telephones (old) $25 n- Telephones (new) $91⁄2- u. · China Buses Sh.$11% n Singapore Traction. 17/- n. Singapore Traction Pref. 26/-
Industrials
Malabon Sugar $8.49 n. Cald... Macg. (Ord:) Shi$191⁄2 1. Cald: Macg. (Pref.), Sh-15 2. Canton Ices $1.60 z Cements $6 n.
ELK Ropes $4.65 m.
Stores, etc. Dairy Farm $19 b., & Watsons $444 D
To-morrow.
RIGHT
((JUSA MINUTE;
I WANTS TO
THINK
PUBLIC AUCTIONS:
Undersigned have received-
Government has some alternative ing left to the districts to deter- Tractions to sell by Publie
measures ready if the Processing mine.
ני
the Auction
Tar and the Bankhead Act. are The representatives invalidated by the Supreme Court Federation expressed satisfaction The market appears to be quite at the position. and at their re- well liquidated and the tightness quest the owners undertook to ask
of the December position is in the districts to intimate as early as]
possible what.. offer. they creasing.
were
Whest: The International poli-prepared to make.
It is understood that a further tical situation has unsettled the market, but we would favour pur-meeting will be held, but no date jchases on declines, but we would has yet been fixed--Reuter. Javoid bulges. Total sales: 26,273,- 1000 bushels. Com 4,838.000 bushels...
Flash: The American Smelting Company has declared a dividend of 40 cents per share.
BERLIN SHARE MARKET
Business Brisker Yesterday
**CHINA MAIL" SPECIAL
NEW YORK STOCK EXCHANGE
Latest Quotations
December 18. The following quotations we ceived by Retter:-
10.20
11.00
close
Beem
N.Y/London 4.93 IN.Y. Cotton
May
-10.91 11.03
NY. Lebber
Yarch Chicago: Wheat
13.325- 13 20°
May
97%
13.30
98-
Berlin, To-day.
Chicago Com
Share marke: business
May STOCES: brisker yesterday and prices were Anaconda better because of the stimulus:
was
59%
39%%%
Copper
2014
25%
26*%
given by the favourshie'. foreign | Elec. Boné &
Stare trade figures for November and the increased sales of Buhr
better coal, suggesting a look for industry. Fixed interest
-149
15 ·
25
| General Motors 54
54
54%
Int Tel & Tel. 12% out-Montgomery
12%
12
2
Ward
3814
385 383%
ท 444 -44%
securities were quiet, gold mortg-NY. Central age bonds izclining to droop. US. Steel
The following quotations from Lon-i Call money was at 234 to 23% per don were received last night be
cent-Trans-Ocean Service.
RAW RUBBER PRICES
ΤΟ
Thursday, the 19th. Dec. 1935–
commencing at 11.00 am 7-
at their Sales Roove
Diddell Street.
A. Quantity of se
Valuable Household Furniture
'anal Sundries -- Terim: Cash on Delivery
LAMMERT BROS,
Auctioneers
Hong Kong, 18th December, 1985
THE
HE undersigned - have received. instructions to sell by Public
Anction
GR
„Saturday, the 21st. Dec. 1935- commencing at 1109 am. at their Sales Boom,
Daddell Street **
A Consignment of Best Quality:
Tientsin Carpets and Rugs S (various sizes and designs On View from Friday the 20th [December 1935. · ·
Terms: Cash on Delivery
LAMMERT BROS," Anctioneswa
Hong Kong, 18th December 1935-
REICHSBANK
RETURN.
Decrease Registered
In Gold Stock -
** CHINA MAIL – SPECIAL
Berlin, To-day.
tween 5.30 pm and 10.30 pm
Silver Spot 26 (last close), 2472 (last mood.), 1% down (change).
Silver Forward unquoted.
The Reichsbank refuza dated?: Silver Report:-America zook 5 per December 14, issued yesterday,
of fairly heavy cumulative) shows a decrease in the gold stock - offerings. Latest Quotations From das
Liverpool Cotton January 16 of 59 million Reichsmarks to 824 6:20 (last recd.), 04 up millions, while foreign currencies: (change),
| fncreased 0.1 173 5.4 millions Singapore
Liverpool Wheat December 6/31⁄2 making a net decline in the note (last close), 6/4 (last recd), cover of 5.8 to 87.8 million Reichs Messrs. H. B. Joseph & Co. (change).. bare received the followingers) 67/16 (last close), 8 7/16 (lass chiefly due to the import of London Babber-April-June (buy marks, this loss of gold being Straits Currency quotations from reed), unchanged.
Christmas foodstuffs from OTER London Eubber at noon (buyers) seas. Singapore for Raw Rubberen
Spot 21 b, Unchanged 22 s. 61 (last ed.).
on the A forecast from London Jan-March 2214 b. Unchanged probable trend of the New York by 226 to 40622 million Reichs-
22% $ April-June 224 b., Unchanged)
22 $ July-Sept. 234 b. Unchanged
2345 Market: Steadier..
Lane, Crawford $6 n. Mackintosh $5 1. Sincere. $135 Wm. Powells 70 ets. n. Wing, On (HK) $40 20
Miscellaneous Entertainments $3.40
S. C. Enterprises $1.35 n. Macao "Greyhounds”. 52. n. Constructions (pld) $2 m. Constructions (new) 55 can Vibro Piling $4, p. Ch. Govt
91%
The note circulation increased
markets, states:—
marks, the tardiness in overw Wall Street is expected to opes coming the last monthly settlement singgish and without incentive, d
lower.
Rabber prices will probably be being due to demands for credit.
to carry over Christmas. A steady market in Wheat is anti- The amount of credit granted, Lipated..
Cotton prices are expected to males measured by bills, ebeques, ad- higher and the market more cheerful, Vances and investments, decreas but trades in New York fear & gen-fed by 0.8 to 4,6544 millian Reichs-- eral tendency to sell if the Bankhead marks Trans-Ocean Service. Act becomes invalid.
STEEL INGOT PRODUCTION
NO REDUCTION" OF CUSTOMS:
OR EXCISE DUTIES:
London, To-day-The produc London To-day-Ina Farlia tion of steel ingots and castings mentary, reply, the Chancellor of in the United Kingdom in Novem the Exchequer, Mr. Neville- ber amounted to 903,300 tons, as Chamberlain, announced that it compared with 907,300 tons in Oc- was not his intention to propose Itober and 766,000 tons in Nover the repeal or reduction of the 5% 1925 G3Bds.ber 1934. The production of pig customs duties on raw silk, or of iron amounted to 525,100 tons, as the excise duty on artificial silk, against 544,300 and 507,00 tons at any rate.. before the end of respectively. British Wireless March 1937. British Wireless
Service.
BLK. Govt 4% Loan 5%% n H.K. Govt. 3% Loan Pat. Wallace Harpers $4
Service.
“He Was Waiting For A Street Car...
PAPA!
THA'S OUT!
ANNAY.
HONG. KONG DOLLAR DIRECTORY
1936 ISSUE
NOW BEING COMPHED
SEND IN TOUR INFOR
"OR NEXT YEARS
NO
. Street, Tel. 2002