BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
"THE" CHARTERED BANK OF INDIA, AUSTRALIA & CHINA
Authorised Capital $50,000,000 Incorporated by Royal Charter, 1853- Issued and Fully-Paid-up 20,000,000 | HEAD OFFICE: LONDON
Reserve Funds :---
„£6,500,000
Sterling ....
Hong Kong Currency
Reserve....$10,000,000
Reserve Liability of Pro-
prietors
HEAD OFFICE HONG KONG.
THE CHINA MAIL, THURSDAY, FEBRUARY 27, 1936
STEADY
Commerce and Finance
SHARE MARKET
No Change In Silver share quotations issued to-day 2-
Prices
LOCAL DOLLAR
Paid-up Capital Reserve Fund
000,000
Reserve Liability of Pro-
.$20,000,000
prietors
£3,000,000
£3,000,000
Agencies and Branches:
Alor Star
Boils
Zanzon
Amricant
1pol
Klang
Seremban
Kobe
Shanghai
Kuala Lumpur
Kuching
Cawapore. Cebu
Madras
Manila
Eingspoes. Sitiawan Sourabaya TANDERS
Medan
D
New York
Toorkah
Haiphong Hankow
(bak)
Hucbarg
Tsingtao
Fwhere
Yokohama
Zamboange
BOARD OF DIRECTORS
Hon Mr. J. J. Paterson
Chairman.
G. Mäkin Esq.
Deputy Chairman
Hon. Mr. W.H. Bell, C.C. Knight Esq A. H. Compton Esq. T. E. Pearce Esq. S.H. Dodwell Esq., JA. Plummer Esq. Johnson Esq., AL Shields Esq.
V. M. Grayburn. Esq.
M.T.
AYOT
BANGKOK
KATAVIA
CALCUTTA
CANTON
CHEFOO
COLDYBO
FOOCHOW
BARRONG
HAMBURG
HAXXOW
ILOTIO
JOHORE
KORE
FOWLOON
Chief Mag
BRANCHEN "
KUALA LUMPUR
KONDAN
MALACCA
MANILA
MUAR colore)
NÜLDEN
NEW YORK
PEPING PENANG ENDOOX MARX
SAN FRANCISCO
SIANGBAT
SINGAPORE
SoT RABATA
ANGEL PATANI TIESTHIS
TRETO...
TRINGTAO
YOKONANA
Carrel Accounts opened u Loral Currency and
romised for one year or aborter
Pized Day Cency and burling on tavana,
periodex
which will be quoted on egylation.
ALSO up to date SAFE DEPUTY BOXES io Ties TO LET
Bangkok
Batavia Bombay Valeria “ Cambod
Harbi
Як Кор
Foreign Exchange and Geners: Backing business tradacted,"
The local dollar is steady, open- Fing on demand this morning
at 1/3d.
"Spot" and "Forward" silver įremained steady, at 19 and 19-
11716 respectively.
The London on New York cTOSS- rate was quoted at US$4-
Turret Abounty opened and Fixed Depouse 99%. as compared with -US-|
received. Its one year or shoesar perioda ni raias which will be quichead of pplication.
A BREARLEY,
Manager.
Hong Kong, 1st January, 1935.
THE
$4.99, while the New York on London cross-rate was quoted at: US$4.993, as compared with £U.S.$4.99%.
AMERICAN EXPRESS COMPANY, NEW YORK STOCK
INC.
Head Office:-65, Broadway, New York
*Capital
Surplus
Reserves
Hong Kong, 24th February, 1936.† Amsterdam
HONG KONG SAVINGS BANK
The Elibes of time we Band is conduczni by the HONG KONG AND SHANGHAI BANK INO CORPORATION. Ties may be obtained
Put THE HONG RANG AND
CORPORATION. BANKING
SHANGHAI
Y. M. GRAYBURN,
Chief Nuage. Hong Kong, 4th February, 1936.
THE BANK OF EAST ASIA, LTD,
Aulbormed Capita
Paid-up Capt
$1000, O4.30 $ 5,500,000.00 || $2,635.295732
Berve am Ledivided Prof
READ OFFICE GANG KOS
19. De lived. GeneT%)
BARD DIRECTOR fimo "lowing Chainstit
Berig
Bombay
Harmon Hamburg HAY
Baidelberg
latinkan
Jerusalada
- Byszezo
Beme
EXCHANGE
Latest Quotations
February 27. The following quotations from Len- Jon were received last night between |11.00 p.m. and 12.30 p.m.
N.Y. Cotton
NEW YORK STOCK MARKET
General Tendency Downward
EXTRA STOCK SHOULD BE SOLD
NEGOTIATIONS ON TRADE
British Government's
Discussions
London, To-day.
NEW ADVERTISEMENTS
NOTICE
TOTICE IS HEREBY GIVEN that the undersigned-will ne longer be responsible for any com-
COD-
A Parliamentary question to Plaints and debts that may be in the President of the Board of curred on and after 1st. March whe following is the list of local
Trade yesterday elicited the in- 1936, as he is severing his part- Messrs. White: Weld and Com-formation that commercial Lego-nership from the business Bank
pany, New York Correspondents tiations
were taking place with cerned. HK. Bank $1,540 b. 1,550·83
for Messrs. S. E. Levy and Con Peru and arrangements were be All-Creditors are hereby ia- EE Bank (London) £1024'n-
pany, report:-
ing made for further discussionsformed to send in Bills on or be-. Stocks: The market was again with Denmark. The Government fore the 29th-day-of February Chartered Bank $14% The Mercantile Bank And Birregular, with the tendency gen following their declared polics 1936.
erally downward We continue to had under constant review the
Mercantile Bank 513% n Bank of East Asia $73 n.
Insurances
Canton Ins. $270 . Unions Ins. $550 x.
China Underwriters $1.05 b. China Fire-Ina. $430 a. HK. Fire Ins. $260 x International Assee. $924. n.. Shipping
Douglases $36 H.K. Steamboats $5. Indo-Chinas (Pref.), $30 n. Indo-Chinas (Dẹft) $20 .
Shells (Bearer) SS/9 n. Union Waterbost: $14
Antamoks $1.83 1. Balatocs 20 cts. b. Baguio Gold 22 cts. 1.
-U.S.$6,000,000.00 2,183,633.06 870,731.05
BRANCHES:-
Gene
Antwerpe
*Atanas
The Hague
Kouteux Man Nice
May
10.67 10.69
10.71
Napier
N.Y. Rubber
Purpos
March
Paris
15.51 15.40.
13.40
Benguet Consolidated $18.40 Benguet Exploration 14 cts, Big Wedge 21 cts, b Gold Creek 30 cts. I
Perpiny
Chicago Wheat
May
.9949
99%
Gold River 7 etsin. Ipo Mining $1.90 à
Chicago Comm
Itogons 60 cta. n.
May
60%
60%
Salacots 15 cta. 1.
STOCKS:
Vielza Vetuce
¡ Ánaconda
Tokobatha Zurych
Copper
$344
325
3214
Kailan Mining Ad. 13/---- -Langkats (Single) $11 n.
Electric Esad &-
Share
16
16
15%
584
S'hai Exploration Sh$41⁄2 n Shanghai Loans Sh.$4 a Raubs $11.60 2.
39%
33
37
Brussels
Caisuutta
Caza Colorado Copenhage Dublin
Lanburgh
Legeka
Lond Iverpoot
Lugano Luxor Marseille Monte Carlo Hazila
Musach
Shanghal Southwarpton
Singapori
Tacvakn
Branches of American Express Company in Principal cities of United States of America and Canada.
All classes of Commercial Banläng Transactions undertaken.
Personal investment' accounts hand-
Woled. Kong Chuti, Ege P. E. FL 20
Chan Cine Soma. Emp Just Too Cu Non, Eng HIC AS Ting Savvy. Pɔ, Emy.
Kan Tune P. Engu Curt Manager,
BEANCHES AND AGENCIES
Vanám
Just.
Batavia
Babay
Caleutia
New York
Canton
Haiphong Hunker
Honolulu, hobe
Landsa
ܐ Prres
Sac Front
www.w
Sumpti Semarang
Surabaya
wydany
whal
Tokyo
Vansover
Every dure, prins, of Bat Exchange
Lind an approved Cormet Anwounts oproed in on Currency ad Fird Degoula memped for Sortes periode to Love and Formiga Curta
004
west which be quoted on application Ha Depo B 25 2
KAN TONG PA
Chel Manager,
The Company offers to intending Travellers the use of its "Travellers Cheques" and Letters of Credit and, in addition, the world-wide services of its thoroughly equipped Travel Department
C. H-BENSON,
General Manager.
General Motors 58 Montgomery.
Ward
3
5489
N.T. Central 373 U.S. Steel 614 6014 60
The following quotations from Log- don were received last night between 3.30 1.m and 10.30 pm
Silver Spot 19 (last close), 1944 (last received), unchanged.
Silver
Forward 19-11/16 (last) close). 19-11/16 (last received), un- changed.
**
Silver. Report:-India bought China sold. Market quietly steady.
Liverpool Cotton-May 5:68 (last close), 5.63 (last received), .03 down (change).
Venz; Goldfield $3 b.
Docks, etc.
we
possibility of négotiating trade agreements with foreign countries
advise against further commit-i ments for the present and would
sell any extra stock on
An informal exchange of views periods of temporary strength with the United States had taken Business done:-2,040,000 shares.
place, with the object of ascertain. Cotton Although a definite an- whether a basis existed for nouncement as to the Government's negotiation. These had so far proposed selling policy is still
exploratorý na- been only of an awaited with interest, a fairly ture-British Wireless Service. good demand was witnessed, to-day and prices all around showed a moderate advance. The COM- tinuance
of a good demand for NEWFOUNDLAND IN
BETTER POSITION
SOME
British Government Assistance
is cotton-goods offering encouragement to the market.
Rubber: Although prices showed a fair decline to-day, we still holdĮ to the long view and we would† favour purchases
on any marked set-back. When a definite settle-i ment of the Akron tyre strike has been reached and should the res- sa.triction plan continue successful, mic
FK and K Wharves (old)
$100. 11.
London, To-day.
An improvement in the econo- of Newfoundland Position
Colonial
Development Fund to
LIM YONG KWEE,
Partner.
OVERSEA TRANSPORT SERVICE (Cheong Kee)" China Building 7th Floor
ST. STEPHEN'S COLLEGE
THE ATHLETIC SPORTS will be held at Stanley on SA- TURDAY, February 29, at 2 patte
T
All Friends, Parents and Old Boys are warmly invited.
Bus ($1 return) leave Blake Pier 145 pm.
PUBLIC AUCTIONS
THE Undersigned have received instructions to sell by Public- Auction
on
Monday, the 2nd. March, 1935/ commencing at 2.30 p.m.”
at their:Sales Boom, No. 35 Hankow Road, Kowloon A Quantity of VALUABLE HOUSEHOLD FURNITURE ·
we expect a gradual recovering in was reported to the House of
Commons On
the behalf of pricea. Total sales:-116 lots.
Flash: Average daily petroleum Dominions Secretary and it was production during the past week added that a still further in- is estimated at 2,779,000 barrels,provement was likely. (as against 2,774,000 · barrels the The total assistance from 'the'
previous week
The Edison Electric Institute the Newfoundland Government so Chesterfield Suites, Teak Dining estimates electricity production far-approved amounts to $670,500 Room & Bed Room Furniture, Of.. for the past week at 1.942,000,000) This includes two loans of
fice Furniture, Carpets, Rugs, Or- kwb, an increase of 123 per $100,000 each in respect of
naments, Porcelain & Glass Ware, from cent.
the corresponding schemes for fishery development Brass & Alum Ware, Clocks, Pic- period of last year.
comprising:—
and land settlement, designed to assist in relieving the unemploy-tures, etc, etc. ment position-British Wireless
BR and K. Wharves (new) COMMODITY PRICES Service
$971201-
HK., and W. Docks $9 1. Providents (ald). $1.65 z. Providents (new) 50 cts. - Hong Kew Sh$190 . New Engineering Sh Shanghai Docka. $79 a.
Cotton Mills
6/1
Ewo Cottons Sh.$8 p.
Liverpool Wheat-March (last close), 6/14 (last received). 1⁄4 down (change).
Londen Rubber-April-June
THE CHINA & SOUTH SEA BANK, (last close), 1-5/16 (last received).
LIMITED
(Incorporated in China)
Head Office Shanghai
Capital Reserve
$7,500,000,00
$1,500,000.00
1/16 down (change).
Branches Al Important Cities Money Values Show
China
Foreign Exchange and, Gatseța! Banking Business
Waasmetod
THE YOKOHAMA SPECIE BANK Ch will be quoted on spplication."
LIMITED
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 Canton
Calcutta
Nagasaki Nagoya
New York:
Osaka
Peria
Peiping
Dairen (Dainy) Rangoon
Fergtien (Makden) Rio de Janeiro
Harbin
Kong
zsinking
Σστις Honolul Karachi
Kobe
London
Angeles
Las Manila
Moji
San Francisco
Seattle
Semarang
Shanghai
Singapore
Sourabaya
Sydnev
Tientsin
Tokyo
Tsingtan
Yingkow
Interest allowed for Current Ac counts.
Deposits received for fixed periods) at rates to be obtained on applice
tion.
C. KISHINAME
Manager. Hong Kong, 12th September, 1935.
POPEYE
Current and Sering Accounts opened and Fixed Deposita revived for one year of shorter paroda
SOU Z CHANG,
Manager. HONG KONG BRANCH:
Dp Varus Road, Central
- Tgl 13505
Manager's Offo ... Formiga Erebsnge Dept. Genen Oce Casier's
THE WING ON BANK, LTD.
Head Office: Hong Kong
26. Des Voeux Road Central Authorised Capital $10,000,000
LONDON BANKERS:-- Westminster Bank, Ltd.
The following quotations have | been received by Rezter.
Prev. Yesterday
RAW RUBBER PRICES
Closing Closing Latest Quotations From
New York Cotton:— March
May
July
Shanghai Cottons (old) Sh.$70 October
December
HK Landa 4% Debentures
100%
Singapore
also
A Few Pieces of Black Wood .
Furniture and
One Pianola, The "Autopiano' Kastner & Co.Ltd. One Typewriter.··
One Portable Gramaphone. One Radio Set.
One Sewing Machine.
Messrs. H. B. Joseph and Co. - On View from Saturday' the- have received the following (29th. February 1936.: quotations in--Straits Currency Terms: Cash on Delivery
from Singapore for Raw Rubber.
Spot 25% Down b., 25 11⁄2 3
April/June 25% Down b
LAMMERT BROS,
Auctioneers.
undersigned have received
July/September 26 Down 4 bustrations to sell by Fablis
October/December 26 Down,
1⁄2 by 261⁄2 & Market: Think only decline temporary.
-11-10 11.30- 10.67T -"10.77 19:28,
10.43 9.89 10.07
9.89 20.08
T
Shanghai Cottons (new) Sh1 January
Spot
9.94
10.12
11.25
11.25,
RETAIL SALES IN
BRITAIN.
Zoong Sings Sh.$12 =. Wing On Textiles Sh. $26 ̧n, Lands, Hotels; etc. HK and S. Hotels $5 n. HK. Lands $354 7.
New York Babber: .
March
15.51
15.41
26 3.
May
15.69
15.554
July
September
15.74. 15.23 15.75
15.62
26 s.
December
16:00.
15.95a
Chicago Wheal:~~
Shanghai Lands Sh.$18 m Metropolitan Lands Sh. $10 -Humphreys $9.70 par
H.K. Realties $585 1.1. Chinese Estates” $34 n. China Realties Sh$ n China Debentures Sh.$60 m
Public Utilities H.K. Tramways $121⁄2 n. Peak Trams (old) $7\n. Peak Trams (new) $3 ́n Star Ferries $87 n.
May
99%
100
July
90%
91%
September
89%
Chicago Com:-
May
60%
61
July
60%
614
Winnipeg Wheat:
May
34%
Jaly
854
October
84%
New York Silk:-
March
May July
1.55 1.52 1.55
1-51 154a 1:462t
Big Improvement
London, To-day. The money galue of retail sales in Britain in January, 1936, was 10.8 per cent. higher thar. in January 1935 Sales of food anti perishables throughout Great Bri- and rose by 12.7 per cent. taia those of other merchandise by 9.0 months per cent. For the 12 ended with January an increase in total sales of 6.5 per cent was all-round advance, shown in an
British (except for piecegoods.
Foreign Exchange and every, des Wireless 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 & Executorship under- taken. Safe Deposit Boxes for hire.
PHILIP GOCKCHIN
Chief Manager,
QUALITY
PRINTING
Prices Reasonable
THE NEWSPAPER ENTERPRISE KUTEU
BIZA ZAIL. 1946.
"Love Thy Neighbour."
ROPENE I'M TELLING YOU THE TRUTH. THAT GIRL IS A
DVLA BRUITIAN
SO YOU'RE A SPV, EH?. "DID YA KNOW THAT WE
SHOOT SPIES?
THE
P
SHANGHAI COMMERCIAL &
- SAVINGS BANK-LIMITED
(Incorporated in China)
Capital paid up....35,300,000: Reserves.
$77,300,000. Capital Savings Dept. $600,000. Reserve Savings Dept. $600,000. Head-Office-Shanghai
A Bank having as its mission the industrial development on China and the fostering of her commercial relations abroad. Hong Kong Ofice
6, Queen's Road Central Phone 31116.
NOU AJOULDN'T GET MADY
AT YOUR LITTLE ZEXA, WOULD YOU? — NIKE
BG.MANZE GANZIE
Yaumati Ferries $201⁄2 ¤. C. Lights (old) $11.30 . C. Lights (new). $8_n. HK. Electrics $744 s. Macão-Electrics '$20 n.° Sandakan LightsTM $43⁄41⁄2.n. Telephones (old) $261⁄2 n: Telephones Azew) $1020⋅n China Buses Shs111⁄4 n.. Singapore Tractions 17/- n. Singapore Tractions Pref. 26/-|
Industrials
Malabon Sugars $8.40 m. Cald., Macg. (Ord) Sh.$194 1 Cald: Macg. (Pref), Sh315 n. Canton Ices $14. Cements $8.85° 1. HK Ropes $5.55 8. Stores, etc. Dairy Farms $22 x Watsons $4.85 n.
To-morrow.
Lane, Crawfords 361⁄2 n. Mackintoshs $5.n. Sinceres $2.40 & Wm. Powells 70 cts. n. Wing On (HK) $55 -
Auction
on
Tuesday, the 3rd. March, 1936 commencing at 2.30 p.m.
at their Sales Room, Duddell Street”
A Quantity of VALUABLE 'HOUSEHOLD
FURNITURE
comprising:-
Messrs. Benjamin and Potts have Deceived the following Straits currency quotations (buy- ers) from Singapore for Raw Rubber:-
Teak Dining Room & Bed Room „25% cts: dowa Furnitare;· Office 8534
Spot
Furniture, 34 Bronze Ornaments, Carios, Car- Apl/June 25% cts. *864
3/4 ct. 86%
July/Sept 25% cts.
pets, Rugs, Pictures, Clocks, Gra-- Oct/Dec. 26% cts.
maphones & Records, Glass & MarketQuiet,
Brass Ware, E P. & Alum Ware, Electric Table Lamps, Typewrit- ers, etc., etc.
Miscellaneous Entertainments $470 n. S. C. Enterprises $1.35 n. Macao "Greyhounds” $2 n. -Constructions (old) $131.
Constructions (new) 50 cts: 1. Vibro Piling $4' a.
Ch. Govt. .5% 1925 · G$Bdr.-
94%
HK Govt. 4% Loan 4% prens
by
FLK Govt 34% Loan par, n. Wallace Harpers $4-ma
PLOP
19
FOR SALE
SPECIAL PRINTED ENVELOPE Commemorating the inauguration of the Air Mail Service
by Pan American Airways from Macan to America..
at 20 ets. per Envelope
GRACA & CO.,
10, Wyndham
The Object Of My Affection."
SO YER A SPYZE WYZIE ?-- BLOW ME DOUPE A PERTY LITTLE SPYZIE-UYITE
also
A Quantity of Black Wood Furniture
On View froin Monday the 2nd... March 1936.
Terms: Cash on Delivery.
LAMMERT BROS..
Auctioneers.
REICHSMARK QUOTATIONS"
Berlin, To-day-The Reichs- mark was quoted yesterday with- Jout guarantee at:-New York, 40.-- 164; Paris, 609; Amsterdam, 59.17;- and London, 12.295. Paris quot ed the pound sterling at 7481 to 74.85, and the US. dollar at 14.99; to 14995-Trans-Ocean Service,
HONG KONG $ DIRECTORY 1936 ISSUE
NOW
IN THE PRESS
Order Your Copy Early
34, Wyndham St.
Ta. 20022