BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Anthorized Capital
$50,000,000 Issued, and Fully Paid-up- 20,008,000) Reserve Fundsg-m
.. 5,500,000 $10,000,000
Styling
Bayer
Beserve
prietors
Deputy Cantz.
· Hon. Mz. W. E. Bell
THE CHARTERED: BANK OF INDIA, AUSTRALIA & CHINA,
Incorporated by Royal Charter, 185%.
HEAD OFFICE: LONDON Paid-up Capital Reserve Fund
£5,000,000 ---$3,000,000
1,000
Reserve Listility of Pro
prietors
£3,000,000
Agmešes and Bruncho
Ipoù
Bombag
Calpita
Cawnpat
Kuching
Cab
"Madrid
Dalle!
Colombo
Manila
Medan
Kalpisng.
How Tack
Hamburg
Priping
Kmaskow
Pakingi
Harbin
HEAD OFRANSK HONG KONG.
BOARD OF DIRIZTOKİ
KE. Delvek, Zaq.
Chaicoma.
C. C. Knight. Eng.
Hon. Mr. LL. Paterson AE. Compton Bag, T. E. Pearce Ea
37. Johnson Esq., J.A. Plummer H30. G. Miskin Esq, A. L. Shields Eng.
To Me Gagyban. Tag
AMOT MANGKUK
KOWLOOX
KUALA LUMPUR
FOXDOX
LATONB
YANNA
MUAB (Johor)
YUKDAN
** KEW YORK
PEPING
PEKANG
BANGOOS
+BATOON
SAN FRANCISCO
SHANGHAI
SISGATORE
BOUKARAYZA
SUSGEL PATANI -
WENTSEN
TOLD
TSINGTAO YOKOHAMA
Cuced Accounts opened in Local Currency and. Find Depeníze resmivaid for qua- your de short periods in Leon) Cocowacy and Sterling
se. hectos vàlch well in quoted on applica
ALBO up to die SAFE DEPOSTI" BOXES
In Tarione Sim TO LEI.
Kabg Long, 1st November, 2005.
HONG KONG SAVINGS BANK
The Berkant of the above Bank in conducă- by *** HONG KONG AND SHANGHAI JANKING CORPORATION. Baies may be Homĺned, can application. JOE CU LUNG LONG 1XD SHANGEL BASKING CORPORATION.
V. K. GRAYBURN,
Chant Manage
Hong Kong, 15th February, 2006.
Foog Sing
Prong
Commerce and
Finance
NEW YORK STOCK MARKET
Market Shows Good Selling Resistance
NEW COMMITMENTS NOT AT PRESENT ADVISED
༥་མས་མལ།
3lessrs. White, Weld and Com for Messrs. S. E Levy and Com- pany, New York Correspondents
boang Foreign Exchange and Guyseni, Zanking businesĮpany, report:-
Content Account opened and Zized Depositu moved for daw your de saque panou at
which will be good on application.
A. BREAFLET,
Manager, Hong Kong, 1st January, 1955.
THE
decision on the TVA case upbeld "Stock: The Supreme Court
the Government's right to . brild the Wilson Dam under the poweza of Congress and also the right toļ sell the power so generated and įthe right to acquire the transmis- |sion system to carry the power to
AMERICAN EXPRESS COMPANY, the market.
INC.
Head Office:----65, Broadway, New York
Capital Surplus
Beserves
_II_S $6,000,000.00
870,731.05
Montawes
Antwerp
BRANCHES:--
Genos Grigo
AAMURO
Baginy
Bombay
The tighe.. Jace
Dopina Hambark
Paramus Pace Handelburg
He
Jazzmalam Landon Liverpoo Inte
Homet G
Edinburgh
Surnation House Carin Macate
Manic
Camp Calcutie Cant Colombo Copenag
Задиркаль
Узноси
Yokams Zacks
The point at issue raised by the stock-holders of the Alabama Power Corporation] who claimed that the Government} had no right to purchase the [transmission system from the Ala- bama Power Corporation. ~ The |Court stated that the right of the Government to acquire and to operate the local or city distribu- tion system was not involved. Hence, the decision followed the facts of the case and not the broader question of the entire SoupTVA authority. The decision was disappointing to the market, as the long delay had created some jhope for a closer split decision. The general market, aside from utility securities, continued to Branches of American Express show good selling resistance, but! are and Codivided Fronts Company in Principal cities of United we would still advise against new
States of America and Canada.
jcpmmitments for the time, due to All classes of Commercial Banking the unusual uncertainty created Transactions undertaken.
by the Supreme Court's decision. Personal investment accounts hand-Business done: 4,720,000 shares.
"Flash: Steel mill activity! The Company offers to intending daring the past week is estimated Travellers the use of the “Travellers 3* 517 per cent of capacity, Cheques" and Letter of Credit and, against 520 per cent the previous In addition, the world-wide services week
of its thoroughly equipped Deputabaneda
THE BANK OF EAST ASIA, LTD.
Authorized Capital
-$13,000,000.00
$ 5,500,000.00
HEAD OFFICE:—VONG KUNG.
20, Dwa Yorax Hood, Centra
BOARD OF DIRECTORS :-
bar Show-son Chow, Chairman.
Lá Toon Chan, Ing. P. E. Emok. Ent. Toat
Pa, Eag
Tan Tang Po, Eng, Chint MuseĒRCİ Li Two Fong, Esq. Managve.
KEANCHES AND AGENCIES ---
Muzika
Amos
Sozle
Sezaria
Melbourne
Bornby
Semarang Shangh
Calcutta Ceston Baphong
New York
Singapore Sourabaya ŻYTKOW
Zyday
BARLOW
Koniala..
Lobe Lowicon.. London
-
Paris
Рырад Penang
Fangoon Saigon San Francisco
Taboa
Testud Lokyo
VASCOSTER Intaharra
Every · description of Banking and Explozje business transected. Loans gmoted on approved
Caswat
Accounts, opened (in Local CumCKÝ and Fixed Deposita ·(movived for came "shorter perioda in Latal and Foreign Curruncion
1 terms - which will be quoted on application.
Sala Deposit Bores To Let.
KS TONG PO.
Chief ManageE.
عداد 10
Travel
*C. EL BENSON,
General Manager.
THE CHINA & SOUTH SEA BANK, LIMITED
(Incorporated in China) Head Office- Shanghai
Capital Reserve
----$7,500,000.00 -$1,500,000.00
LOCAL DOLLAR STEADY
The local dollar is steady, open- ing on demand this MOTDIEZ at 1/3340
"Spot" silver declined 1/16 tá (19-13/16, while "forward” fell;
1/16 to 19-11/16.
The London or New York cross- Branches-All Important Cities in rate was quoted at 5-US$
China Foreign Exchange and General Basking Bes99, as compared with us THE YOKOHAMA SPECIE BANK Curront and Bering counts opened and Pad $499% while the New York on
LIMITED
Established 1880
Capital (full paid-up) Yen. 100,000,000| Beserve Frid
Ten. 127,450,000
Head Office: YOKOHAMA
Branches and Agencies at
Alexandria
Batavia
Berlin
Bombay
Canton
Nagasaki
Nagoya
New York
Ozaks
Pazia
Pelping
Deira (Daly) Rangoon
Fengtien (Mukden) Rio de Janeiro
Hamburg
-San Francisco
Hankow
Seattle
Harbin
Semarang
Eong Roa
Shanghai
Honelala
Souzabaya. Sydney Tiendain
Singapore
Brinking
Karachi
Kobe
London →
Tokyo
Los Angeles
Manila
Hoji
Tsingtau Yingkow
Interest, allowed for Current · Ac-
·Deposits received for fixed periods
at rates to be obtained on application.
G. KISHINAMI“
Manage “Hong Kong, 12th September, 1556,
POPEYE
Deponum cograć the one year or short pics London cross-rate was quoted at lat rates which will be quoted_on_application
£ US$498, as compared with £ US $5.00%
BOU Z CHANG.
HONG KONG BEACH:
2. Des-Vaux Bond, Centesi..
Manager's Othon
Ol Oder Foreca Exchange Dept
C
THE WING ON BANK, LTD.
Head Office: Hong Kong 26, Des Voeux Road Central Authorised Capital $10,000,000
BERLIN SHARE MARKET
Berlin, To-day-Great caution! was shown on the share market yesterday, despite the good re ports from industry and the fact that the Automobile Show was a great success. Call money stood at 2 to 2% per cent. Trans-Ocean;
LONDON BANKERS;——. Westminster Bank, Ltd... Foreign Exchange and every der Service. cripton of banking business transact- ed
Current Accounts and Savings Ac•| [counts' opened. Fixed Deposits: re- ceived at rates which will be quoted on application.
Trusteeship & Ermentorship under- takam. Safe Deposit Boxes for hire) PHILIP GOCK CHIN Chief Manager.
QUALITY
DRINKING
THE
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)
Capital paid up ... $5,000,000. Reserves
$7,500,000. Capital Savings. Dept. $500,000. Reserve Savings Dept. $600,000 Head-06ce-Shanghai
A. Bank having as its mission the Industrial development on
China and the fostering af commercial relations abroad. Hong Kong Office —
€ Queen's Rand ́Central
12 Phone #1116.
“Heavy Artillery.”
READ WHAT DU LUROTE
IN YOUR NOTE BOO YOU'RE A SPYŁ
A BRUTIAN SPY
(AND PIA GOING
TEL.: POSPE RIGHT NOWS
SHARE MARKET
TO-DAY'S QUOTATIONS
SHAI STOCK EXCHANGE
Business Resumed Yesterday
NOT MUCH EXCITEMENT. EVIDENT
Shanghai, To-day. Following the order of the Mis The following is the list of localistry of Finance the Chinese Mer share quotations issued to-day:
Binks
EK Bank 1,600 D HK Bank Londő) $1022,
dit.
Chartered Bank 515 1. Mercantile Bank and
£2916 n Mercantile Bank C. 51334 n. Bank of East Asia $13 n. ex.
Instrances
Castor Ins. 5270 1 Unions Ins. $55222 3.. China Underwriters $T b. China Fire Ins. $480 HK. Fire Ins. $260 International Assce. $34 a
Shipping
- Douglases $36 1.
HK. Steamboats $5% n -Indo-Chinas (Pref.), $30 1.
Indo-Chinas (Def) $20 Shells (Bearer) 99/4% 1 Union Waterboats $141. Mining Antamoks $1.80 b. $1.35 sa Balatoes $174 n. Baguio Gold 20 cts. b. Benguet Consolidated $18 Benguet Exploration 13 cts. Big Wedge 12 cts Gold Creek 30 s. 1 Gold. River 7 eis. 2.
Ipo Mining 90 cts. 1. Itogos 361⁄2 ets, IL. Salacota 15 cts. Kailan Mining "Ad. 13/9 m. Langkats (Single) $11 1 Shai Exploration St.$41⁄2 he Shanghai Loans Sh.$4 n. Raubs $1140 5.-——— Venz; Goldfield $3 3
Docks, etc.
chants Stock Exchange resumed operations at 6.30 p.m. yesterday, the one and only session lasting about half an hour. The volume of business was modest, being generally not much excitement confined to setting off orders, and
was evident.
Although div.were quoted at more than $4 of a number of issues
the closing level more than
b
EK and K Wharves (old) ...$101 s.
HK and K Wharves (new)
$98.
"
HK and W. Docks $9 n. Providents old) $1
$172/180 sa Providents (new) 50 cts. Hong Kew Sh$190 u. New Engineering Sh.44 n. Shanghai Docks. $73.1.
- Catton Mills Ewo Cottons Sh.$8 i Shanghai Cottoms (old) Sh$70 |
The
-Shanghai Cottons (new) Sh$41:
Zoong Sings Sh $12 i. Wing in Textiler Sh. $25 r. Lands. Hotels, etc. HK. and S. Hotels $54 n. HK Lands $35/42
HK. Lands 4% Debentures
100%
Shanghai Lands Sh.$18 n. ". Metropolitan Lands St. $10 Humphreys $10.40 EK Realties $5.85 m. Chinese Estates $84 1. China Beakties $4. China Debentures Sh$60 n.
Public Utilitšen HK Tramways $13. s Peak Trams (old) $7 bi Peak Trams (new) $3 b. Star Ferries $87, 111
Yaurati Ferries $1914 1
·C Lights (old) $1130 by $11.95|
C. Lights (new) $8 bi HK. Electrics $7234 by $73 sa. Macao Electrics $20 Sandakan Lights $4. Telephonés (old); $251⁄4 i Telephones (new) $10.20 5. China Buses Sh4113⁄41⁄2 n. Singapore Tractions 17 m Singapore Tractions Frei. 26/-
Industrinis
a fortnight ago, dealings in them were not suspended, as the rule was not operative yesterday.
-Observers are, of the opinion that business, once it has started, will soon become normal, again.
NEW ADVERTISEMENTS
M
trol Centres
NOTICE
on Thursday,
The fo
{have been erede a
1. Informal Recepto
THE HONG KONG LAND. INVESTMENT & AGENCY
N
SCO LTD.
FOTICE" IS A HEREBY GIVEN : that FORTY-EIGHTH OB- DINARY "GENERAL - MEETING OF SHAREHOLDERS in this at the Company will be held at the Of-
Hong Kong Hotel, first floor, fices of Messra. Jardine, Mathesom at 4.30 p.m. to met her. Guests & Co. Ltd. on TUESDAY, 10th. wishing to have tea will March, 1936, at NOON for the please make their own ar-Purpose of receiving the Report rangements, with, the Hong of the Directors together with the "
Statement of Accounts for the "Kong Hotel~~~~~~~
Public Lecture by Mrs. San-Fear ended 31st December, 1935. ger at 5.50 p.m. at the Hong The REGISTER of SHARES OF Kong Hotel Roof Garden. the Company will be CLOSED- 3. Dinner in her honour at 850 from MONDAY, 24th February, to p.m. at the Hong Kong Hotel TUESDAY, 10th March, both days Roof Garden ($200 per head). inclusive, during which period 'no Musical Programme arranged transfer of shares can be regis Evening Dress optional. Retered. servaton to be made, at the
Hotel before Directors. Hong Kong
February 19th.
You and your friends are cor
It is not quite clear what decision dially invited to attend any or all
The Reception Committee.
COOK'S BANK
had been arrived at by the brakers of the above functions. « which resulted in the resumption of trading. It appears that, the request for permission to buy new bonds was granted by the Ministry of Finance, but the peti- tion to abolish the Ministry's rul-] ing that all transactions be coa- cluded by the actual delivery of Igoods was rejected. Trading for the time being is confined to the previous Government bonds. Reuter
Liquid Balance
Sheet
-DEPOSITS FULLY COVERED
The balance-sheet of Thos. Cook (and Son (Bankers) “Limited, made October 31 last shows as up on
exceptionally strong |Liquid" position. The various cashį |items "amount to £2,587,650, and are equal to 79.8 per cent of the de- posits, which amount to 5,241,664,] compared
53,182,992 jan
|RAW RUBBER PRICES an
Latest Quotations From
Singapore
-
By Order of the Board of
0. EAGER,
Secretary. Hong Kong. 17th February,, 1936.
PUBLIC AUCTIONS
TER Fadersigned have received": instractions to sell by Public
Anction
04
Wednesday, the 19th. FebruarY, 1936 commencing at 11:44 am.
at their Sales Room, Duddell Street.
1 Electric Motor.
16 Cases Butter,
1 Electric Machine.
4 Cases Mustard.
4-Barrels Soap Flake.
1 Barrel Soda Ash
1 Barrel Shampoo Powder.
1 Barrel Stearic Acid.
also
Messrs. B. Joseph, & Co., 1934 If to the cash be added have received the following #95,000 of money employed at call quotations from Singapore in and short notice, and £102,696 of Straits Currency for Raw Rubber bills, deposits are covered by Spot 25% Down 4 b. 26 s.” liquid assets to the extent of 83 April/June 26 Down by per cent.
Gramaphone Motors & Acces- This high liquidity has been alsories, Electric Goods, Elastoplast consistent and outstanding fea Dressings and Plasters, etc., etc.
28 % s
July/September 26 1⁄2 Down
b. 26 5% 3.
October/December 26
1/2 b., 26 % & Market: Quict
"iture of the bank's balance-sheets Downjsince its inception. The whole of
INDIAN RAILWAY
BUDGET
Enormous Deficit Disclosed
and
the capital of the French subhold & Office Furniture. sidiary, Thos. Cook and Sos, Bankers (France) Limited, is held
A Quantity of Valuable HousE». Terms: Cash
by the English company; and is in- cluded its balance-sheet at be- low cost, the book value being £20,000.
Reserve Fund
The pablished reserve fund is £125,000, and is equal to the issued capital of the company, as shown in the subjoined table:-
Oct 21, 1935.
New Delhi, To-day. The Indian railway budget was Liabilities presented to the Legislature yes Issued capital terday. The deficit for 1935-36, Reserved of £2,000,000, was more than an-Deposits, &c the commercial lines and $500,000 Balances with ticipated. About £1,500,000 was on Cash
Assets
on the strategic lines.
£
Oct. 31.
1834
S
125,000 125,000 125,000
3,241,664
125,000 3,182,993)
613,978
416,258
bankers, on de- posit
of Currencies in
hand
The deficit will be made up from the depreciation fund 1936-37-Reuter's Bulletin Ser
vice.
HK Ropes $5.55 ni
Stores, etc..
Remittances
tangit
Money at sali and short no- tice
162,121
on Delivery LAMMERT BROS.,
Auctioneers Hong Kong, 18th Feb., 1936.
THE undersigned have received
instructions to sell by Public
Anction
ON
Thursday, the 20th Feb, 19367
commencing at 230 pm
at their Sales Room, Na 35. Hankow Road, Kowloon
A Quantity of
VALUABLE HOUSEHOLD
DR. FURNITURE
„798,750) comprising:-..
Teak Dining Room and Bed". 25,715 Room Furniture, Office Furniture, 134,154 Chesterfield Suites, Carpet -and Rug, Gramaphone and Records, Glass and Brass Ware, Pictures, 160,000 Ornaments, Clocks, Porcelain and- 163,654
EL. P. Ware, etc, etc 551,460 160,403|---
also *Excluding those in subsidiary companies.
95,000 Bills discounted 102,695
Dairy Farms 5011⁄2 5, $2171⁄2 sa. Investments* Watsons $4.88 1
Lane, Crawfords $63⁄4 n.. Mackintoshs, $5. Sinceres $2.70 3
WE Powells 70 ctx. n.
•Wing On" (HK) $55′′n.
Miscellaneous Entertainments $4.70 n. S. C Enterprites $1.35 n. Macao "Greyhounds" $2.1. Constructions (old) $13⁄41⁄4 1 Constructions (new) BU• chan Vibro Piling $41.
Ch. Govt 5% 1925 -G$B34-
94% 12
LE Gort 4% Loan 4% rem
Malabon Sugars $8.40_n. Cald, Macg. (Ord) Sh$191⁄21⁄2 n. Cald: Macg. (Pref), Sh$15 n. "spect Canton Ices $1% I Cements $8.80
TLL FIX
YOU!
COME BACK
BERE:
HLK Govt 34% Loan par z Wallace Harpers. 4.
Advances
Substantial
are also held,
436,530
*209,509
,
|- A Few Pieces of Black internal reserves Furniture
Of the investments, which stand in the balance-sheet 486,530, $408,932 is represented by BritishOne Bad Government securities and $50,057 by India Government securities.
REICHSMARK QUOTATIONS
Berlin, To-day. The Reichs- mark was quoted yesterday with- out guarantee at:-New York, 40.70; Paris, 609.25, Aus 59.215; and London, Trans-Ocean Servi
"Love Is Blind.
and
One "Singer" Sewing Machine. Two Hand Sewing Machines.
One Essex Tourer, 5 Seater Motor Car
On View from Wednesday 19th February 1936.
Terms: Cash on Delivery.
-LAMMERT BROS.:
Hong Kong, 17th Feb, 1936-
HONG KONG S DIRECTORY
1936 ISSUE
NOW
IN THE
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