1

1thorised Capital

Starling

Silver

$30,000,000

£6,500,000

$10,000,000

THE CHINA MAIL, TUESDAY, JANUARY 21, 1936

and

Commerce

Finance

Reserve Fund

£3,000,000). 63,000,000

LOCAL DOLLAR STEADY

$20,000,000

Beserre Liability of Pro-

prietors

090,000

BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1858. BRAD OFFICE: LONDON

Paid-up Capital

sand and Folly Paid-up. 20,000,000**** Leserve Funds

Reserve Liability of Pro-

prietors

KEAD OFFICE: HONG KONG.

BOARD OF DIRECTORS.

3. E. Dobrall, Eng.

Charmed.

C. C. Isight, Kay.

Hon Mr JJ. Paterson Cabu" E. Compton Esq., T. E Pearce Eng, Comeniu.

M.T. Johnson Esq., J.A. Plummer 30 Miskin Esq. A. L. Shields Eq.

▼. X. Creaybera. Es

Duperry CharmAR.

11. Mr. W. E. Bl

MOY

MAKOTOK MAZANZA MEMORAT

CALCUTTE

CASTOS

CIF2200

-COLOMBO

WAUBEN

POOCHOW

HAIPHONG

HAMBURG

MAXIOW

TARBIY

90% • •

ATLO

nali

UHORT

40A

KOWLOOM

BRANDIZE

KUALA LUMPLE

LONDON LYONS

MALACCA

XANTLA

YEAR Colors)

NEW YORT

PEPINO

PEMANG

BANGOGE

SLIGON

- SAN FRANCISCO.

SHANGHAT

SINGAPORK

SOPRANAYA

FUNGHI PATANI

TIENTROS

TOKYO

TSINGTAO

YOKORAMA

Cares Locosude opened in Local Currency

and Food Papise moved for one here shortne presada" in Lausi Currency und

+

terzos which will be quoted on application. A60 up to date SAFE DEPOSIÍ' BOXES

in various sing. 10 ** **

Bong Long, ist Movember, 2006.

HONG KONG SAVINGS- BANK.

The Bon of the abere Bank and these HONG KONG AND SHANGHA BANKING CORPORATION.

Agencies and Branches:

Ipok

Bangkok

Hamria

+

Blang

Bagon

Beremban Shanghai

Calrett

Cantos

Lotoper

Саидрати.

Kuching

Mandile

Sownbayn Tuipag Gantun

Sework

Tamto

Hambur

Bankow Harbin

Prank

Tehnow.com

Zigma homage

Foreign Exchange and Ongaral Banking businang.

Current Acomate opened and Fixed Deposits mestvad for ons sue or shorter yanada which wit be quoted en application.

A. BEKAELE...

Manager Hong Kong, 1st January, 1935.

THE

AMERICAN EXPRESS COMPANY,

INC.

Head Offices-65, Broadway, New Tuck

Capital

Sumplus Reserves

.U.S.$6,000,000.00 2.183,633.06 $70,781.8

BRANCHES >

Kevuok

Hamburg

Montrest

Paris Pulping Boctorcem

Asterion

Astruz

Ganon Glasgow

The Bague

Desi

Bombay Beames

Brussels

Bales may be

Cocom

Lacos

Colombe

Copenhagya Dusa Edinburgh Porvoos

Monde Dezie Xazila

Venite Tokohame

FOR THE HÓNG LONG AND BHANGRAI MASKING CORPORATIOK

Y. 1. GALTZTEN

Hong Kong, 2511⁄2 Fahrmary, 2006,

THE BANK OF EAST ASIA, LTD. Gunles

Sutherland. Capital..

Paid-up Capita

Kosapen

-$10,000,000.00 | Branches of Americgs – Express Company in Principal cities of Unizad States of America and Canada.

Aussers and Undivided. Pročie nitaus 1880,000.00

HEAD OFFICE-BONG KONG.

10, De Tane Sand. Ceciral. .

BOARD OF DIRECTORS——— Sur Shou-Cham, Chairesan,

All classes of Commercial Banking Transactions undertaken.

Personal investment accounts hand-

La Loose Eng. 7. 1. Kwok Faq- larging. Those Chu Sơn, Zag, and Yan Ting ini.

Los Tung P, Taq. Chist Manager. -21 Tan Frog. Xaq. Xanagu.

FRANCEES AND AGENCIES :--

Malbeca

-Benzzle

Xagend

Shanghai.

Calound

New York

CAMSONA Saipbour

Sematada

Puping

Bangoo

Seigen Sea Francines

Singapore

Bourneys 'Spate

Thi

*ntain Tokyo.

Vationver Tokoba.com

Ivory devription at Barling sad Frob.DEO Į Sultans kraanitud. Loam granted at

Current costs, apmed in Local Currency and Fixed Depozita Tuonival "Sano_ J007 or charter perioda in Jangal nad Zorsign Curvacim sa mema which will be quoted en applicatio

TONG PO...

Child Manager.

"Spot" Silver Quoted

The local collar is steady, open- |ing op_demand this morning | |st 1/8%d

"Spot" silver was

19-3/16.

cross-rate

US$495,

as

COLONY'S TRADE IN 1935

British Imports And Exports Decline

quoted at HUGE OUTFLOW OF TREASURE

A preliminary report on the The London on New York: crOJS- rate was quoted at USHmport and export trade of the las compared with & US$4965, Colony of Hong Kong for the while the New York on London Fear 1935, issued by the Statisti- was quoted atcal Office of the Imports and Ex- compared, with Ports Department, states that the |combined values of imports and emparts of merchandise aimounted, |to-$686.0 (9514) millime as com- (pared with $7410 ($56.5) millions) ir 1934 and $904-0 (#613) mil- Kintsula 1933----

# US$4.95%

HOME SHIPPING

RETURNS..

Reports Of Less Tonnage Idle

London, To-day The Chamber of Shipping quarterly returns show that January 1 there were laid up m the parts of Great Britain and Ireland 185 vessels of 495672 tons net, which total is less by 76,700 tons net or 15.3 per cent, then on October 1 and less by as much as | 652,664 tons net or 515 per cent. than a year ago-British Wife Bass Service

NEW YORK STOCK EXCHANGE

Latest Quotations

th terms of local currency the total visible trade of the Colony Sin 1935 declined by 142 per cent. jas compared with 1984 and 29.6 per cent as compared with 1933: out in terms of sterling values the visible trade in 1955 showed

AR

an increase of 87 per cent compared with 1934 and an crease of 02 per cent as com- pared with 1933.

Imports

His Late Majesty, King George F, und Queen Mary at Bal- moral photographed with the Duke and Duchess of Glopeter and the Duchess of Bucclench

Merchandise Treasure

1934 $

325,104,653

128,479,525

* Total -

453,584,181

Merchandise Treasure

Total

1933

403,092.170 134,132,584

537,224,754

Decline Of British Trade

i-

NEW YORK STOCK MARKET

Depressing Effect On Prices

NERVOUSNESS AT FRENCH POLITICAL CRISIS

Messrs. White, Weld and Com-¡

NEW ADVERTISEMENTS

HONG KONG ST. ANDREW'S SOCIETY

BURNS DINNER

EMBERS are notified that

this DINNER

is CAN-

LED.

U.S. R. C.-

DANCE

Arranged For TO-NIGHT HAS BEEN CANCELLED

POLITICAL CRISIS IN FRANCE

Radical-Socialist Split

EXPECTED RESIGNATION OF CABINET

The following countries eased their shares of the in- port trade of Colony; Japan from pany, New York Correspondents 88 per cent in 1984 to 118 per for Messrs. S. E. Levy and Com- - CHINA MAIL~ SPECIAL (cent in 1935; U. S. A. From 7.1|pany, reportin

Paris. To-day. Stocks: per cent to 73 per cent; French

Nervousness abroad

The decisions reached by the the French Indo-China from 6.3 per cent, to concerning

political executive committee of the Radical Imports of merchandise totalled 8.9 per cent; Germany from 3.3 situation is causing a depressing Socialist Party on Sunday have per cent to 45 per cent; British effect on prices here, which may caused not only a Cabinet crisis $365.0 (35.5) millions in 1935 as Malays fomur 13 per cent to 17 continue for some time. We see but also a crisis within the Radi-

(531.7) compared with $415.9 millions in 1984 and 5500.9 (£58.-Per cent; Autsralis from 1.6 per however, no reason to abandon our cal-Socialist Party itself. A num

cent to 23 per cent; and Belgium stated opinion, namely, to makce ber of Radical Socialist Deputies- 19) millions in 1933; whilst ex-

ports totalled $271.0 (261) mil- from 1.2 per cent to 13 per cent purchases during such weak spells who, during the last few weeks The percentage of imports from Business done: 1,810,000 shares. voted for M. Laval, frankly ex- lions in 1935 as compared with

China declined from 35.2 per cent Wheat: A clarification regard. press their indication over the $325.1 (5248) millions in 1934

ing tux and $406-1 (£27.4) millions in in 1934 to 33.8 per cent in 1995; the delayed replenishment of four them, the Deputy Marchandest. refunds should expedite committee's decision, and one of

1933.

United Kingdom from 7.2 per:

In terms of local currency in cent to 65 per cent; Netherlands stocks. Meanwhile, the chances of who is Mayor of hiems and an ports of merchandise in 1935 de East Indies from 8.3 per cent to improvement in Canadian ex-intimate friend of M. Herriot

ports favour purchases of May nounced that he would quit the 6.2 per cent; Siam from 8.0 per whest in Chicago. Total sales: party. It is feared that about a creased by 122 per cent, as com- pared with 1934 and 271 perigo per cent to 1.2 per cent; and

cent to 56 per cent; India from 4,301,000 bushels.

dozen other Deputies will follow Icent. January XL

as compared with 1933: The following quotations were re whilst exports decreased by 16.8),

various other other countries Cotton: The Supreme Court's M. Marchandeau's example.

Jorder for releasing the impounded The question in the meantime - ceived last night between 11 paper cent as compared with 1984 from 9.1 per cent to 8.9 per cent processing Taxes is causing a bet-being asked is what will be the

The percentage of exports senter feeling on the goods market political consequences of the con to China increased from 48.0 per We expect increased tairings.

The Company offers to

inted and 12.30 pm Travellersbo "use" of its “svollen**

East Close 10.30 Charger" and Letters of Dedit and, NY. Cotton in addition, the world-wide services May

11.01 10.95 of its thoroughly equipped Travel NP. Rubber Department.

March 14.22 14.24 Chicago - Wheat

May

100% Chicago Cors

May

C. EL BENSON,

General Managez

THE CHINA & SOUTH SEA BANK, STOCKS:

LIMITED

(Incorporated in China)

Head Office-Shanghai

$7,500,000.00

$1,500,000.00

14.09

∙10.93.

14.24

100

60%

mitter's decisions. Parliamentary Babber: The high level of 1934 quarters point out that there_are_

11.00 and 32.8 per cent, as compared |

with 1933.

In terms of sterling values imcent in 1934 to 49.0 per cent in ports of merchandise increased 1995; Japan from 3.5 per cent to by 11.4 per cent in 1955 as com-42 per cent: U. S. A. from 5.7 reached through buying on various possibilities. One of thes

hopes of an Improvement in the is that M. Teval, after his retum pared with 1934 and 4.1 per cent per cent to 7.8 per cent; Kwang consumptive and statistical situs from Geneva to-morrow, will an as compared with 1989; whilst Chow Wan from 25 per cent to tion. The latter is now materialis nounce the resignation of the en exports increased by 5.2 per cent 34 per cent, and the Philippine ing, without shadows of extensive tire Cabinet to the President of -- in 1935 as compared with 1994 Lelands from 16 per cent to L speculative long position, except the Republic, who will then imme and decreased by 4.7 per cent as per cent. The percentage of ex-ing temporary corrections, wediately re-entrust the Premier with ports to British Malaya fell from feel that higher levels are justified the formation of a new Cabinet, compared with 1939.

7.6 per cent in 1934 to 6.3 perland we would Total movements. of treasure

recommend active since the Premier has not been amounted to $254.7 millions in cent in 1985; French Indo-China jaccumulation.

Total sales: 272 defested in the Chamber. 1935 as

$206.6 from 7.5 per cent to 5.3 per cent: lots.

The question, however, remains compared with millions in 1934 and $172.2 mil-Macao from 53 per cent to 4.9

Flash: Steel mill activity during open whether M. Laval will accept

364

lions in 1938: imports accounting per cent: Siam from 45 per cent the past week is estimated at 49.9 the mandate. If he does it is be 29.4% 29

for $38.8 millions as compared to 3.9 per cent; Netherlands East per cent. of capacity, against 49.4 lieved that the Premier will form

don were received last night between $38.1 millions in 1933, and

The following quotations from Los with $78.1 millions in 1934 and Indies from 2.6 per cent to 23 per cent the previous week.

cent; and various other

5.30 pm and 10.30 pm..

parts $216.0 millions as compar-countries from 10.0 per cent to Silver Spot 19 (last close), 19-3/16 ed with $128.5 millions in 1934 8-8 per cent. India's percentage (last recd.), 3/16 up (change).

reiniained the same at 13 per and $1341 millions in 1933.

icent. Comparative Figures

Anaconda Copper

28

2834

Dec. Bond &

Share

17% General Motoza 54%%

17%

234

17%

54

363

36%

28

Capital Reserve BranchesAll Important Cities in Montgomery

Ward China Foreign Eschange and Geoeral Banking BoNY. Central transected

U.S. Steel * THE YOKOHAMA SPECIE BANK Dent and Saving Amounts opened sad. Fized Deposite received for out year of shear periode

LJNINTZO

Established 1880

Capital (full paid-up) Yen 100,000,000 Reserve Fund ..... Yen 127,450,000||

Head Office: YOKOHAMA

Branches and Agencies at

Alexandria

Batavia

Berlin

Bombay

Calcutta

Benton

Dairen (Daliy)

Nagas

Nagoya

New York

Osaka

Paris

Peiping Rangoon

Vengtien (Mukden) Rio de Jengiro

Hamburg

Bankow

Harbin

Bout Cour

Konoipin

Esinking

Karachi

Kobe

London.

Los Angeles

Manila

Mož

San Francisco

Seattle

Semarang

Shanghai

Singapore Sourabays Bydney Mentsin

Tokyo

Taingiau Yingkow

Interest allowed for Cinrent Ac

COPRZE

Deposits received for fixed perioda st rates to be obtained on application,

C. YISHINAMI,

Manager. Hong Kong, 12th September, 1945.

|is rutes which; will be gudsed on sppliansion.

600 Z. CHANG.

HONG KONG BRANCH: 23. Des Vans Road, Cencia). Mazaga's Offen

Foreign Exchange Dept.

Get Offre

Caskine's – Offer

Manager,

Tel. 38365

*

www

Silver Forward unquoted Silver Report: India bought. Speculators sold. Market steady.

The following table shows total! Liverpool Cotton May 5.26 (last values of imports and exports of

(change).

per

FRENCH NAVAL EXERCISES

Ja Goyerament without Ministers not holding portfolios, and will fil the vacant posts from the ranks of the Radical Socishgt Deputies who have remained loyal to the Govern {ment: "The male difficulty for M. Laval then, will be to obtain the necHKELLY DIEjority from 20 to 30°

THE WING ON BANK, LTD. close), 5.79 (last. reed), .07 down merchandise and treasure in lo- COMMODITY PRICES Warships Arrive At rates in the Chamber.

Head Office: Hong Kong

. 25, Des Foestx Road. Central. Authorised Capital $10,000,000 LONDON BANKERS:— Werkminster Bạnă, Ltd. Foreign Exchange and every des- cripton of hanking business transacti eďž

Comment Accounts and Savings AD-] counts opened. Fixed Deposits 20- aived at rates which will be quoted on application.

Trusteeship & Exsentorship under-i taken Sale Deposit Borse for hiru.j

PHILIP GOCK CHIN Chief- Manager.

RELIABLE PRINTING

no cider too smal

TICE JOESFILPAPER ENTERPRISE ETC.

Liverpool Wheat-March 6/8 cal currency during the years (last close), 6/8 (last recd.), down 1935, 1334 and 1933:- [(change).

London Rubber—April-June (buy- ers) 6-15/16 (last close), 6-15/15 (last read), unchanged.”

“THE

SHANGHAI COMMERCIAL &

<SAVINGS BANK LIMITED

Cincorporated in China)

$5,000,000.

Capital paid s Beserves

*$7,800,000: Capital Savings Dept. $500,000. Reserve Savings Dept.: $630,000.

Head-Office-Shanghai --

A Bank having as its mission the industrial development an China and the fostering of her commercial relations abroad. Hong Kong Office.--

6, Queen's Road Central Phone X1116.

IMPORTS

1923-

The following: quotations have |been zacaived by Reuter,

Prey. Yesterday Closing Closing New York Cotton: March

11.33 11.36 11.01 1106 10.65 10.69

10.22.

Casablanca

– CHINA MAIL" SPECIAL

OR RATHCAL-SOCIALISTS": If the new Leval Cabinet should |be defeated in the Chamber, 'It is Paris, To-day.. expected that the President of the The vanguard of the 1st French Republic will entrust some battle aquadron, which is now on sonality closely connected with the its way to the Moroccan coast, Radical-Socialist Party with the where manceryres on a large scale formation of a new Cabinet. MM are to be held during the next few Daladier and Herriot are believed weeks, has arrived at Casablancs to be the most likely candidates Stx torpedo-bost destroyers, three for the Premiership in that event submarines and an aircraft-carrier It is pointed out, however, that have cast anchor in the port of such a Cabinet would also probably Casablanca--Trans-Ocean Service be unable to find sufficient support. in the Chamber, since it would not be able to count on the votes of the Centre and Right parties. Political "quarters, therefore, ez- {pect that ultimately a provisional Cabinet headed by the President of the Chamber or some Senator will be formed, which will conduct current affairs until the mandate of the present Farliament expires. |--Trans-Ocean Service.

Merchandise Treasure

Total

Merchandise Treasure

Total

1935

364,989,519 $8,784,811

403,774.339 1934 $ 415,918,522 78,080,369

May

July

October

10.15

December (1996) 10.10- Spot 493,999,391 New York Räbber:

11.85

10.16

11:85

“Merci nodire

March $ -500,938,794___| May

14.22

1443

1444

14.59

Jaly

14.602

14.72

September

60% 60%

60%

Total .Treasure Treasure

14.75% 1484

Winnipeg Wheat:-

38,113,252

EXPORTS

December Chicago Wheat

14.92 15.04

May

88%

83

July

89%

Merchandise Treasure

Total

1975 $ 271,093,363 *215,959,289

486,992,652

May July |September (2 |Chicago Cora:

May

10011⁄2 100 884

October

88

88% 8TH

8834

New York Sik:-

87744

March

1887 183

May

1.87

-60% July

July

539,052,046 (September

38,113,252

186

605%

183 1812

A Fellow Cannot Show Partiality

YEP, THE KISSIN' CONTEST

| IS OVER- | WILL NOW

FINE!

PICK THE

(WINNER)

WE'RE GLAD THE KISSING

| CONTEST IS OVER-LUE

DONT LIKE TO HAVE YOU, KISSING OUR FUTURE

WWESN WHAT'S THE

FIRST PRIZE?,

"HERE IS THE WINNER OF THE FIRST PRIZE FOR BEIN THE BEST KISSER- AN "THE FIRST PRIZE.

IS A KISS——— COME AN GET IT

AN HERES THE LOINNER

OF

SECOND PRIZE-

FIND PRIZE IS AS

KISS ALSO

To-morrow

"Grab Your Partners!”

HERE'S THE WINNER OF

THE THIRD PRIZE.

TURD PRIZE IS

ALL, WHAT THE HECK!

I MAY AS WELL GIVE YA

ALL PRIZES - STEP

RIGHT UP LADIES

HONG KONG & DIRECTORY

1936 ISSUE

NOW

THE PE

Order Your Copy Early

tham St.

Tel, 20022

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