BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorised Capital
$50,000,000 Insed and Fully-Paid-up 20,000,000 Seserye Funds:
Stling $ 6,500,000 Hong Kong Currency
$10,000,000 Kamerve Liability of Proy
clators
HEAD OFFICE: HONG KONG. BOARD OF DIRECTORS,
Hon. Mr. J. J. Paterson.
G. Miškin, Esq.
Dupver Cholimann.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA
Incorporated by Royal Charter, 1558 HEAD OFFICE: LONDON Paid-up Capital
Reserve Fund
£3,000,000 £3,000,000
Reserre Liability of Pro-
prietors
£3,000,000
,000,000
Agencies and Branches:
Alee Ste
Hello
Mangoon DELFOR
Bangkok
Croton
Ensin Insonproc Kacking
Compara Cobe
beratkan
Singapore
boursings **Lang
Now Lock V
Priping
Clou
Hon. M±. WE Bell, G.C. Knight Esq. Co A. Continton Esq.; T. “E. Paárőr Engr Drám
BEL. Dodwell Esq., A. Planter Baq. Mr. Johnson Esq. A.La. Shields Esq. Hankor
AMOY
MANGX
CANTOR
V. M. Grayburn, Esq.
DOLOMBO
ZAIREX
FUOCHOW
KACHONG
FAKTÓW HARRIN BONOKEY
ILOILO
JOHORE
KORK
KOWLOON
Chiat Mag
BRANCHES
KUALA LUMPUE
LONDON
LPOSS MALACCA
MANITA
MUAR (Johor)
NUEDEN NEW YORK
PEG
BANGOON
SAIGON
64 FRANCISCO'
SHANGHAI.
SINGAPORE
SOURABATA
BUNGE! PATANT
TESTNIN
TOD
JONORAMA
Qurtul dose opened in Look Curranty wad Find Depomada on Func de shops
Frol Cheruacy and Guruaz de term
arbine will be quoted on application.
1730 12 14 C SAFE DEPOSIT BOXES & specs, los 30 LET.
Hong Kong 24th February, 1938,
HONG KONG SAVINGS BANK
The Benizens of the shore Beak is condues- by the HONG KONG AND SHANGHAI Ral may be BANKING CORPORATION.
KONG AND SHANGHAI
FOR THE
BANKING CORPORATION,
V. M. GEITBUZN.
Chul Hagu.
Hong Kong, 24th February, 1936.
Hartun басов Блак
Telang
THE CHINA MATI: WEDNESDAY, APRIL 1, 1935
Commerce and Finance
LOCAL DOLLAR STEADY
Silver Prices Fall
The local dollar is steady, open ing on demand this morning at 1/348
"Spot" silver has declined 1⁄2 to 19-13/16, while “forward”. fell 1/16 to 19-13/16.
Zamboang Greg mchanga sad Omoera! Banking busines surat Account spread, and Freed Deponit red for your, or storme penoda al rains (25 which will be quoted on application
A BREABLET,
The London on New York cross- | rate was quoted at £-U.S.$4.95. compared with -U.S.$4.95, while the New York on. London Manager. cross-rate was quoted at £-U.S.- $4.95, as compared with £—US.- $4.95
Hong Kong, 1st January, 1935.
THE
AMERICAN EXPRESS COMPANY,
INC.
Head Office: 65, Broadway,
Capital
Surplus
Reserves
Azusterdam Autoreg Athen
Hasie Forum
Bombay Brames
Bruni
Caputte Седим Colombe Copenhage Thinkin Ertburch Florette
New York
„U.S.$6,000,000.00 2,183,633.05 870,731.05
Montreux
BRANCHES:
Ga
Glasgow The Hague
Napi
Hamburg
Pacin
Рад
Boncen
Harass
Haria Beidelberg Instiakan
Lendoa Everpool Loose Lazgato Labor
Home badba Southampton Singapor TINERALO
Vixape
Marmacies
Kora Carlo
Tokoba
Zauran
عللمملا
Kunish
Branches of Arkan Express THE BANK OF EAST ASIA, LTD. Company in Principal cities of United
States of America and Canada.
Authorised Capate
„$10,000,000,00
Fed-up padded 'as 006
Buy 04
HEAD OFFICE:-HONG K030.
10. DIE VOEL Bond. Control.
BOARD OF DIRECTORS -
Sr Show Chu, Chaumes.
Li Xooa Chac. Eng. 1. Tak-En- Woos Iwa Tong, Eay.. Chan Chung book, Led sang, Eng Wong Chu Son, Esq. and Kaq Xingj Po. E
Amer
Berbay
Celoalia
مجلسي
Kan Tung Po. En Cuis! Mange La Two Fong. Eng. Manager.
BRANCHES AND AGENCIES: --
Perwak
New York
مضمون
Kaphang
Para Papiag
Kaskow
Kombinių
Nemang
Shangha Singapore Soursbays
bestow
zvykáz Thomps
Penang
Kels
Валучкий
Mi
Coolerm
Saugua San Francisco
V
Yokohama
By description of Bussing and Exchanger Baiden trasanta has presled on approved SOULFLIMA,
Current Aboutta opened in a CuTRACY and Fixed Deposita Red for auctor parets in Look) and Formen Cartensies oksana which will be greed on application
Seoses To Let
KAN TONG PO.
Can! Mainger.
THE YOKOHAMA SPECIE BANK
LIMITED
Established 1880
Capital (full paid-up) Yen 100,000,000 |
Yen.129,150,000 Reserve Fund
Head Office: YOKOHAMA
Branches and Agencies at
Alexandzis
Batavia
Berlin
Bombay
Calcutta
Canton
Dairen (Dainy)
Nagasaki
Nagoya
New York Osaka
Paris
Peiping
Rangoon
Fengtien (Mukden) Rio de Janeiro
Hambury
Hazkow
Harbin ...
Hong
Honolulu
Bainking Karachi Kobe
San Francisco Sextile
Semarang
Singapore: Sourabaya
Kapt
Sydney Tientsin
Tokyo Tsingta Yingkow
London
Los Angeles
Manila
Moji
Interest allowed for Current Ac counts.
Deposits received for fixed periods)
at rates to be obtained on applica tion
BANQUE DE FRANCE
Outflow of Gold Continues
- CHINÄ. MAIL " SPECIAL
Paris. To-day. The outdow of gold from the Banque de France is still contin-l juing. despite the recent substan- tial increase of the discount rate! In the course of yesterday, three British planes transported a total of 1,520 kilos of gold to London.— Trans-Ocean Service.
TWO NEW SHIPS ORDERED ON CLYDESIDE
London. To-day. The Elder All classes of Commercial Banking Dempster Line have placed an ori der on Clydeside for the construc- Transactions undertaken.
tion of two new 4,200 ton motor-
SHARE MARKET
TO-DAY'S QUUTATIONS
The following was the list local share quotations issued to- day-
Banka
HK. Banks $1,550 x HK. Bank (London) £10144 Chartered Bank.514% . Mercantile Bank A. and
£31 .
Mercantile Bank C. #14 n. Bank of East Asia $78 n.
Insurances
Canton Ins. $270 1. Unions Ins. $560 b. China' Underwriters $1 b. China Fire Ins. $480 n." RK. Fire Ins. $23641⁄2 i International Assce. Sh$31⁄4 0. Shipping
Douglases $36 n- H.K. Steamboats $54 a. Indo-Chinas (Pref.), $30 n. Indo-Chinas (Def.) $20 n. Shells (Bearer) 90/- n- Union Waterbosts $13 a
Mining
Antamoks $2.08 b.
Balatocs $21.
of
NEW YORK STOCK MARKET
Irregular But Steady
VOLUME OF BUSINESS ON LIGHT SIDE
CLOVE TRADE IN ZANZIBAR
Special Investigator
Appointed
London, To-day.
The Colonial Secretary, in con- (sultation with the "British · Re-
TOBACCO, AND LIQUORS
PROMULGATION OF NEW TARIFES
“CONVENTIONAL DOLLAR”
ABOLISHED
The following commumkque has”.
Messrs. White, Weld and Com-sident, has recently considered been issued by the Government:-
The new tariff on liquors `-and- pany, New York Correspondents the position of the clove industry for Messrs. S. E. Levy and Com-in Zanzibar, and it has been tobacco, which is published in a
agreed, now that experience has Gazette Extraordinary to-day, "has^^
pany, report:—
Stocks: The market to-day been gained of the operations of la twofold significance. was slightly irregular, but steady. the Clove Growers Association, In the fast place a managed A few issues showed fair gains that the whole position should be
currency has enabled the abolition n. [The volume of business, however, mvestigated with a view to decid- of the "conventional dollar" of la
was again on the light side. Busi-ring if modifications are required sa as a basis for the computation: Eness core: 1,040,000 shares. [in the general policy of the Gor- of duty. It is believed that trade-
Wheat: The forecast of rainsjerment relating to cloves.
interests will welcome the elimina- in Kansas and Nebraska has in- Mr. B. H. Binder, Chartered on of a variable factor in its duced some liquidation. Buyers Accountant, has been appointed assessment
Baguio Gold 29 cts. ¤- Benguet Consolidated $18 b. Benguet Exploration 22, cts. s. Big Wedge 26 cts. . Demonstration 66 cts. n. Gold Creek 15 cts. n. Gold River 7 ct. 1. Itogons $1.05 D-
LXL $1.35 b.
Salacot 14 cts. b.
Kailan Mining Ad. 11/- n. Langkats (Single) Sh.$10 D Masbate 73 cts. b.
are hesitant Total sales: 11,259,- and will leave England on April in the second place occasion has›
24 to review the position of the been taken to impose the follow 1000 bushels.
Cotton:-There was some short industry and report whether, in ing increases over and above the covering of July and October the permanent economic interest rates obtaining for the first quar.. options by Wall Street, in spite of of the territory as a whole, any ter
predictions extreme. Western fact that acreage being increased.
of rains in the and what modifications are neces- Belt and thejsary or desirable in the existing estimates are system of control-British Wire-
leas Service.
COMMODITY PRICES
The following quotations hav.
been received by Ranter.
Prev. Yesterday Closing Closin
15.892 15.96
16.05n 16.18
New York Cotton:- May July
11.30
1134 10.90 10.99
October
10.23
10.52
December
10.18
10.23
January
10.18
10.30
March (1937)
10.24
*10.37
Spot
1169
11.72
New York Rubber
-
May
15.88
July
(September
15.992 16.08
December
16.192
Chicago Wheat:—
May
97
955
July
$77%
953%
September
86%
.84
United Paracale 64 cts. b. 65 May
Chicage Corn÷-—-—---
60
cte. 63.
July
60%
+5934
Winnipeg Wheat:-
May
813%
July
October
8314 $4
823
88
Providerts (old) $1.10 b.
New York Silk:-
in-1
Providentș (new) 20 cis. n. Hong Kew Sh.$190 n.
May
July
1-72a 1.69
1.711⁄2 1.66
New Engineering Sh$4 a Shanghai Docks Sh.490 1.
Cotton Mills
Personal investment accounts hand-vessels for their West African service.-British Wireless Service.
Died.
The Company offers to intending Tvellers the use of its "Traveller Chegaes" and Letters of Credit and, in addition, the world-wide services of its thoroughly equipped Travel Department.
C. H. BENSON,
General Manager.
THE CHINA & SOUTH SEA BANK, LIMITED
(Incorporated in China) Head Office-Shanghai
Capital
$7,500,000.00 Eeserve
$1,560,000.00 BranchesAll Important Cities in
China
Forge Exchange and Genaral Baxricing Businema transacted
Current and Baving Accounts opened and Fixed Deposita received for ona yeong or shorter perioda “at rette wizich wil be quoted on application.
SOU Z CHANG.
Manag.
HONG KONG BRANCH: 24, Dam Voux Bondt. Central, Kasager's Office novum -Tal. 23565 Foreign Exchange Depa Grepeal fo
THE WING ON BANK, LTD.
Head Office: Hong Kong
26, Des Voeux Road Central Authorized Capital $10,000,000 LONDON BANKERS:--- Westminster Bank, Ltd.
RESULTS OF FINANCIAL YEAR BROADCAST
London, To-day.
The Exche quer returns, with a statement on the results of the financial year which ended last night, was cluded in the Empire transmission at 11.30 p.m. yesterday.-British Wireless Service.
THE MERCANTILE BANK OF INDIA, LTD.
HEAD OFFICES:
1. Gracechurch. Strmes, London, 2CA Authorised Capital £3,000,000 1,800,000 Subscribed Capital
1,050,000 Paid-up Capital .... Reserve Fund & Rest 1,247,830 BANKERS:
The Bank of England & Midland Bank, Ltd.
Bangkok
Bombe
•Caleratio
Colorabe.
Deli Gaile
Hoer Boar
BRANCHES
Zack Kandy
KOLA B
Kosis Lipis
Kuala Lumpur,
Farachi
New York
Port Loa
Bangvos Shangha
(Mauritius)
Klantan (Primary Samia
Kadena
HONG KONG BRANCEL
Singapore
Every decriptum of Beaking and Exokange Inaathend-Cradačved,
Travellers Chegum iambed.
Trust and Executorships undertaken. INTEREST flowed, on Carment Accounts and Fixed Deposit us at chal may be mecsetnineč
1. KENTEDY.
Foreign Exchange and every deson application. cripton of banking business transact- ¡ed.
Current Accounts and Savings Ac-| counts opened. Fixed Deposita re- ceived at rates which, will be quoted on_application."
Trusteeship & Executorship under- taken. Safe Deposit Boxes for hire.
PHILIP GOCKCHIN
Chief Manager,
QUICK
PRINTING
SERVICE
odern Plant
THE NEWSPAPER ENTERPRISE LTD.”
CHINA BRIL BLDG.
SA WYKJALAN ST.
Manager.
`G_KISHINAMI,
Hong Kong, 10th March; 1936.
POPEYE.
COME ON IN.BOYS,
I GOT TO FINISH
TESTIN YER
EYES SO'S
UKON TELL
IS YER.
FITTINTO
JOIN ME
·ARMY
"The Cock-eyed Worldze
(MY GORSA-YA GOT SORT OF FUNNY EYES,
AIN'T YA?
YES.
SIR
•
Queen's Road, Central Hoep Kemp, 24th July, 1755,
THE
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED. (Incorporated in China)
Capital paid up Reserves
$5,000,000 $7,200,000.
Capital Savings Dept. $500,000. Reserve Savings Dept. $600,000: Head-Office- Shanghai
on
A Bank having as its mission the industrial development China and the fostering of her commercial relations abroad. Hong Kong Office
6, Queen's Road Central Phone 31116.
WITH EYES LIKE THEM 1 DONT.
THINK LOUGHTA TAKE YA
S'hai Exploration Sh.34% 2. Shanghai Loans Sh3⁄44 n. Baubs. $114
San Mauricio 31.12 b.
Venz: Goldfield $31⁄2o n.
Docks, etc.
HK and K Wharves $92 'n HK, and W. Docks $9 m
Ewo Cottons Sh.$844 5. Shanghai Cottons (old) Sh.$70
11.
Shanghai Cottons (new) Sh$40||
Zoong Sings Sh‡12 n. Wing On Textiles Sh.$25 n.
Lands, Hotels, etc. F.K. and S. Hotel $1.40 s. K.K. Lands $32 b. EK Lands 4%
100% · b.
Debentures
Shanghai Lands Sh.$18 m. Metropolitan Lands Sh. $10 ́n. Humphreys $91..
ELK. Realties $5 ́m Chinese Estates $84 . China Realties Sh$4 m. Chins Debentures Sh.$60
Public Utilities HK Tramways $10.40′ p- Peak Trame (old) $7 D Peak Trams (new) $3 n. Star Ferrien $84 n. Yamanti Ferries $19 m. C. Lights (old) $101⁄21⁄2 m. C. Lights (new) $7 n. H.K. Electrices $52% 3. Macao Electrics $20 n. Sandakan Lights $8.30 . Telephones (old) $25.15 m. Telephones (new) $9 n. China Buses Sh$114 a Singapore Tractions 21/- 1. Singapore Tractions Pref. 26/-
II.
Industriais
Malabon Sugars $8.40 n.
Cald., Macg. (Ord.) Sh.$19 n - Cald., Meeg. (Pref) Sh.$15 a
"NOPEIRIN NOT) LET YA. JOIN ME ARMY
THANK YOU SIR
60%
ELECTRICITY IN ENGLAND
Large Increase In Output
Sparkling wines, and liqueurs.- 45 cents per gallon
Empire brandies, 31.22 per gallon. Other brandies, whisky and gin. $244 per gallon.
Port, sherry and madeira, 95 cents- per gallon.
Other still wines,-$1.22 per gallon. Beer, cider and perry, 44 cents per gallon
TOBACCO RATES
Unmanufactured Tobacco,
Unstripped -
(a) Containing. 10 Ds. moisture per 100 lbs.:
or more.
(3) Empire Origin 10 eta. per pound.
(ii) Other Origin 2 cts. per- pound.
above:
(b) Containing less moisture than
(1) Empire Origin 9 cts., per pound
19 cts.
(ii) Other Origin pound
Stripped
(a) Containing 10 lbs. moisture per 100 lbs:
London, To-day". The report of the Central Elec- tricity Board for 1985, published yesterday, shows that the ten- dency towards a more rapid in-| crease in the output of electricity in Great Britain than in the reat of the world continued last year! The expansion of the output in Britain from 1929 to 1935 was 70 per cent compared with an ex- pansion in world output of 20 per The cent in the same period. increase in employment in the above: electrical industries last year)
pound. amounted to 30,000 approximately. -Eritish Wireless Service.
BERLIN SHARE MARKET
shares Berlin, to-day.-Most closed higher yesterday than on
RAW RUBBER PRICES Monday, owing to the numerous
favourable economic reports, jabove all Dr. Poensgen's confident' Latest Quotations From declaration at the United Steel
Singapore
Works, and partly because for- eigners are receiving new block- Messrs. H. B. Joseph and Co.jed marks for interest due on in- have received the following tested capital-Trans-Ocean Ser-
Straits quotations in
currency¡vice. from Singapore for Raw Rubber. Spot 26% b, Up 26 3. April-June 26 b. Unchanged REICHSMARK QUOTATIONS
263% 5-
July-Sept. 26% b., Up % 263% 5. Oct.-Dec. 26% b., Up % 27 8. Market:-Dull.
Canton Ices $19% n Cements 8 b. HE. Ropes $41⁄2 th
Stores, etc. Dairy Farms $191⁄2 1. Watsons $4% 80 ́· Lane, Crawfords $63⁄41⁄2 z.
Mackintoshs $5 m. Sinceres 42 11.
Wm. Powells 70 eta. n. Wing On (HK) $55 a
Miscellaneous Entertainments $4.70 m. S. C Enterprises $1.35. n. Macao "Greyhounds" $2 n. Constructions (old) $1. Constructions (new) 50 cts. Vibro Piling $4 n.
per
((i) Empire Ongin 9 cts. per pound
(i) Other
Origin 19 *. per pound (b) Contining less moisture thMIL
ets. per
per
Empire Origin 9
(II) Other Origia 18 cts. pound.
Manufactured Tobacco per Ib:-
(B) Cigars:
(1) Empire Manufacture 3 cts..
per pound
(U) Foreign Manufacture & cx:
per pound.
(b) Cigarettes:
(i) Empire origin and facture 39 cts, per pound.
(ii) Empire manufacture only 47 cts. per pound.
(i) Foreign 54 cts. per poundi (c) Tobaccos and snuffs:
(1) Empire origin and 26PATA- facture 39 cts. per pound.
(ii). Empire manufacture only 4T cts. per pound.
(ii) Chinese tobaccos 7 cts, per pound.
(iv) Other foreign tobaccos 54- ets, per pound.
SLIGHT DIMINUTION As a result of "rounding of Berlin. to-day. The Reich-the figures there is a very slight smark was quoted yesterday with diminution of the duty on Japan--`
at: New York,ese and Chinese liquors, but the fout guarantee
40.06: Pais, 610; Amsterdam Colony's production of the latter 59.145; and London, 1235, Paris
is protected by a 25 cents quoted the Pound sterling at 75.07 gallon preference over the im to 75.10 and the US dollar at ported article. 15.1625 to 75.16%.-Trans-Oceanly a slight decrease of 2 cents per lb. in the duty payable on cigars of Empire origin and manufac--
Service.
RETIRED POLICE ture.
OFFICER DIES
Madman's Shots At Queen Recalled
per
There is similar-
when the report of a pistol was heard, and a man was seen stand- ing with his back to the barrier the between the passenger and carriage gateways.
He was holding a pistol, which John Middleton, aged 87,for- merly a member of the Windsor was pointed straight at the carri- Borough Police, died last month age, but by great good fortune his He was on duty at Windsor mail-shot weat. wide. With Superin- Ch. Govt 5% 1925 G$Bok-way station in 1882 when Queen (tendent Hayes, Middleton rushed Victoria arrived from London and forward and secured him. The entered a closed carriage drawn man. Roderick Maclean, was after- by two greys, The carriage had wards found to be insane and was H.K. Govt 3% Loan par. n. just begun to move and the crowd sent to Broadmoor, where he lived Wallace Harpers $4 x-
cheering enthusiastically for many years.
94% IL. H.K. Govt 4% Loan 42% prem
To-morrow.
were
"Piece By Piece."
HONG KONG $ DIRECTORY
1936 ISSUE
NOW
ON SALE
THE NEWSPAPER ENTERPRISE LTD.
Wyndham St.
Tel