BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorised Capital... $50,000,000 Ised and Fully-Paid-up 20,000,000 Reserve Funds:
Sterling £ 6,500,000 Hong Kong Currency
...-$10,000,000
Ecserve
Reserve Liability of Pro-
picturs
HEAD OFFICE: BONG KONG.
BOARD OF DIRECTORS.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA
Incorporated by Royal Charter," 1553
HEAD OFFICE: LONDON
| Paid-up"Capital
THE CHINA MAIL, FRIDAY, APRIL 17, 1936
and
Commerce
Finance
LOCAL DOLLAR STEADY
Silver Prices Up
Reserve Fund
£3,000,003 53,000,000
Reserve Liability, of. Pro-
:
$20,000,000₫
prietors
.£3,000,000
Agencies and Branches:
Aiorar
Sanyo
Acestea
Ipot
HALİ SON
Dagkak
Katwal
Intan Me235
avin
M
Nobe
bangla
Kuala Lumpur
Suoking
Singapore Where
Cetropare Cabu
Madras
Mandia
Medan
New York
Touglas
Priping
(Peking) Tesang
Tsingtao
Zamboanga
Hon. Mr. J. J. Paterson.
Chairman
G..Miaka Est
Deputy Chairman.
Baphong
Hon. Mr. W.H. Bell, J.B. Masson Esq. sz AH. Compton Esq., T. E. Pearce Esq. SH. Dodwell Esq., K.S. Morrison E34- MT. Johnson Esq., AL Shields Esq. V. 31. Grayburn. Esq
KOT
BANGIOS
BOMBA:
CALCUTTA
CASTON
CHEVOJ OULONEU
BLIBEN РООСНИЯ HALPHONG
Chiel Manager.
BRANCHES :
LONDON
2303
MALALA
MANILA
SELAM Johannes
SCEDEN
NEW YORK
PEIPING
PENANG
RANGOON
SAIGON
HAM HEBU
BAN FRANCISCO BIL HAI
SOUPABALA
SUNGKA PATANY
BANKOW HARBIN MONGKEW
ILOILO
JUHURE
KULLE
BOWLOOX
KUALA LUMPUR
SINGAPORE
TIESININ
TSINGTA
YOKOHAMA
Current 4000mate opeum! in Lani Currency and Band Deponed for our year or shorer serade i Lonal Crocky and seeing on sering phoek will be quoted in apple
ALMO up to date SAFE DEPOSIT BOXES in Din M TO LET
Hong Kong, 24th February, 1986
HONG KONG SAVINGS BANK
Hankow
1-bus
Mom-
The local dollar, is steady,
demand this opening an ing at 1/3d.
"Spot" silver rose 3-16 to 20- 17/16 while "forward" rose to (20-7/16.
The London on New York cross-i
-US- at irate:
quoted 33 Formiga kitchange and General Banking boxinans $1.9416, as compared with £- Cutest domussa eye and Paad Depois U.S.S4.944, while the New York!
ea London cross-rate was quoted
GLONA
toured roos gene or shorter presoda sa "zases · whack l m quoted on application.
A. BREARLEY,
Manager. Hong Kong 1st January, 1935.
THE AMERICAN EXPRESS COMPANY,
INC.
Head Office:-65, Broadway, New York
Capital Surplus
Peserves.
Amazerdaz
Anew
AL
.U.S.$6,000,000.00 2,123,633.06 870,731.05
BRANCHES:-
Moutes
مستدير
Roms Dingatia kid
{PEDON Gringow
The Lingue
Kate
Havana
Hamburg
Napion Perseus
Bertin
ilcube?
Sale
Buning ka
Badalborg
Jarunaiect Lunden
TIGBOOK
Покритие
Ho
KRETAR
Lens
tutembe KANGARKALNE WO Assis
Lugens
Marion
Hong Kong. 24th February, 1936.
Xo Cario Manda
ngapore Tim Vierum Version Yokohama Muncha
wwwwww
MINDA
4
The Bane of the shone Emak zoruduct
by the HONG KONG, AND SHANGHAI BANKING CORPORATION.
stained ca appetite.
POR THE LANG LUNG AND SHANGHAI BANKING CORPORATION.
V. 1. GRAYBURN,
Lam! DamageT.
جنسية
at 4-US$4.949. as compared] with US$4.941 6.
NEW YORK STOCK MARKET
Dull And Irregular
ALL SECTIONS TENDING DOWNWARDS
Messrs. White. Weld and Com- pany. New York Correspondents for Messrs. S. E Levy and Com-1 pany, report:—.
"Stocks: The market to-day was dull and irregular, with al- sections tending down- most all ward. Selling was generally for profit-taking purpose and sup- port "was weak. Business done 1,150,000 shares.
"Wheat: The recent showers
THE BANK OF EAST ASIA, LTD. Company in Principal cities of Gaited have so far been without benefit
Authorsand Capese
$219.6.Du
Pop Capriai Bandera, si Calvided 2 39
HEAD OFFICE:~HUNG BOX.
12, Da Vyas that. Imita
BOARD OF DIRES NARS :-
Looo Chu. E. P. K. Bu, h
Branches of American Express
States of America and Canada.
All classes of Commercial Banking Transactions undertaken.
ed.
Wing Low
Iva Toug Bagh Chan Changing hand, bag, Wong Cầu Sun, boy, we kan kun Fo.. "Esq.
BALON Belavia
Han Jung P. Eng., Chini Ruangan LI FOLE. Emin Manager, BRANCHES AND AGENCIES:-
Seatin
ZALARDE
&nb
Singa
New York
Zaloguj
>WHOW
Calmasha
CARVOO
Водно
Benaluin
Kowloon
عمارية
UWAI
Pas
Papill
The
Tumesimia
DRU
Das Franci
Va
1ukoba
Kvec description of Banking and
Low rated
buna trati moral arte
Zxchang
approved
Local Curtancy TRA Accounts spend is and Find Depute recened fac sangat pr amster periode to Loom Bed Faris Currencies were wouch will be quoted on applios:aon.
Deposit Boxes Int
KAS TONG PO
Chul Mangue.
Personal investment accounts hand-
The Company offers to intending in the Travellers the use of its "Travellers Cheques" and Letters of Credit and sufficient to
addition, the world-wide services difference to the crop. its thoroughly equipped Travel Department.
17
Co
Total
[to the growing crop. We would favour purchases of July option on any further set-back. sales:-40,565.000 bushels.
"Cotton: To-day. there was some price-fixing for May posi- tion. There has been some rain in- South-West, but it is
make any material
"Rubber: The seasoned trade is not afraid of the likelihood of jany sizeable increase in the rub-l C. E. BENSON,
General Manager.ber quota. We expect that the]
consumption for April and May will make up for the slackness
tyre factories, which seriously affected the figures for the first quarter. We would favour pur- chases at the present level. Total sales 160 lots.
THE CHINA & SOUTH SEA BANK, during the strike period in the
LIMITED
Cincorporated in China) Head OfficShanghai
Capital
Reserve
.$7,500,000.00
.$1,500,000.00
Branches-All Important Cities in
China
Forsin, Zaobaoge and General Banking COMMODITY PRICES
tracracted.
THE YOKOHAMA SPECIE BANK pole received for one year or shorter periods
LIMITED
Established 1880
Capital (full paid-up) Yen.100,000,000
Reserve Fund
Yen.129,150,000
Head Oßee: YOKOHAMA
Brancher and Agencies at
Alexandria
Batavia
Berlin
Bambay
Fengtien (Mukden) Rio de Jezeiro
Francisco
Care and Seeing Accounts opened and Fixed | Azules which will be quoted on application
BOC Z CHANG,
Msanger. HONG KONG BRANCH:
De Vaux Boad, Central
THE WING ON BANK, LTD.
Head Office: Hong Kong
The following quotations have been received by Reuter.
Foreign Exchange and every des-September
cripton of banking business transact: December
Prev. Yesterday Closing Closing
SHARE MARKET
Banio
FLIGHT FROM FRANC
Movement Shows Abatement
BANK OF FRANCE RETURN
London, To-day. Au abatement of the recent The following was the list of local share quotations issued to-flight from the frane was shown das:
in yesterday's Bank of France return for the week ended April 10. in which, although the gold reserve decreased by $12.6 mil- lions. liabilities also fell £11.4, Band consequently the gold cover at 67.03 per cent. shows a de- cline of only 39 per cent, com- pared with 1.97 per cent. for the previous week.
H.K Banks $1.550's. H.K. Bank (London) £101. Chartered Bank £14, n.
A. and Mercantile Bank
£314 a Mercantile Bank C. £14s n. Bank of East Asia $73 2.
~Insurance
Canton Ins. $75.
Unions Ins. $505 b.. $500 sa. China Underwriters $1 - China Fire Ins. $430 n. H.K. Fire Ins. $240 b. International Assce. Sh1⁄4 1. Shipping
Douglases $36 D- H.R. Steamboats $5%1⁄2 m. Indo-Chinas (Pref.), $90 a Indo-Chinas (Def.) $20. Shells (Bearer) 93/9 m. Union Waterboats $12.20 1.
Mining Antamoks $229 b., $2.23 ss. Ealatocs $214. Baguio Gold 27 cts. sa Benguet Consolidated $18.20 o' Benguet Exploration 20 cts. I. Big Wedge 26 cts. n. Demonstration 68 cts. Gold Creek 15 cts. n. Gold River G cts, s Itogons $LOS D. IX.L. $1.55 n.
Salacot 14 ets. D.
Kailan Mining Ad. 11/6 a. Langkats (Single) Sh.$10 n. Masbate 70 cts. n.
Shai Exploration Sh.444 n. Shanghai Loans Sh.$4 n. Raubs $11. San Maurico $1.15 n. United Paracale 69 cts. b. Venz; Goldfield $3% n.
Docks, etc.
HK. and K. Wharves $91 m. H.K. and W. Dock $9 m Providents (old) $1.20 b. Providents (new) 20 cts. Kong Kew SE.$190 2. New Engineering Sh.34 . Shanghai Docks Sh.$90 1.
Cotton Mills Ewo Cottons Sh.48 b. Shanghai Cottons (old) Sh.$70 |
Shanghai Cottons (new) Sh$40
2.
Zoong Sings Sh$12 n. Wing On Textiles Sh.$25 1.
Lands, Hotels, etc. H.K. and S. Hotel $4.55 b. HK Lands $335% n. HK Lands 4%
100% b.
Alexei Stakhanov (abore) Is the most famous worker in the Soviet to-day and the creator of Stakhanovism. the speed-up method which, by assigning each man to specialised work, pro- duces results well above the ex- pected normA.
LOCAL NEWS BREVITIES
NEW ADVERTISEMENTS
NOTICE
TOMICE IS HEREBY GIVEN
NOTICE
that Michael Constantin Yat- skin of May Hall, the University, is applying to the Governor for {naturalization, and that any peš. son who knows any reason why, naturalization should hot "bd granted should send a written and signed statement of the facts to the Colonial Secretary.
LATE BARON VON HOESCH
Body Reaches German Soil
** CHINA MAIL" SPECIAL
Wilhelmshaven, To-day.
Furthermore the note circula-! tion. despite the Easter season- al demand, decreased by 999 million, suggesting that some money recently withdrawn (last week's corresponding figure showed an increase of £18,5 mil- lions) is now again emerging from the Frenchmen's tradition- al stockings as the tension les- sens on the eastern frontier.
The Bank's commercial bill will berth alongside
when they were carried ashora portfolio, which has continuous-Wharf, and will leave here for from the British destroyer Scout swollen in the last few weeks. Shanghai and Kobe early on Tues-with all marks of respect and increased by only £3.1 millions, day morning. Passengers are re honour for the man who all his thas providing further evidence quested to go on board on Monday life worked with devotion for the of the slowing down of the in-jevening. flationary trend. — Reuter.
THE CHINA FIRE INSURANCE CO., LTD.
The mortal remains of the late German Ambassador in London, The ss. Potsdam will arrive here Baron von Hoesch, reached Ger jon Monday next at 7 pm She man soil yesterday at 3 pm
Kowloon
Subject to audit the Directors next. will recommend the payment of
promotion of peace and goodwill between the two neighbour coun
Father G. Byrne, S.J.. will give¦tries. an unprofessional talk before the The British destroyer entered Hong Kong University Medical Wilhelmshaven flying the swas Society at 5.30 p.m. in the Union 'tika fag. The Scout is the first Assembly Room on Wednesday British war vessel to visit Wil- helmshaven for 30 years, and the first British naval vessel
to hoist the Swastika German dag was also the destroy. er's stern. alongside the cafim. which was surrounded by wreaths Mr. J. E. Shaw, of the China and Bowers, four British sailor Light and Power Co. Ltd. has standing as a guard of honour. been elected a Fellow of the Royal Economic Society.
ja Dividend of $12 per share and a ¦ There will be no Dinner Dance ever Bonus Dividend of $5 per share to-morrow at Repulse Bay Hotel. The for the year ended December 31, but the usual Tea Dance will be flying
held on Sunday at 4.30 p.m.
1935.
BRITISH TRADERS' INSURANCE
CO. LTD.
from
At the quay three companies of German marines and the entire Subject to audit the Directors
naval officer's corps of the har- will recommend the payment of] News has been received of the bour were drawn up on parade. A la Dividend of 7s. (Seven Shil-death at Davos. Switzerland, on gun-carriage Was brought up lings) per share for the year end-March 12, of Mr. Angelo Casati, alongside to take over the coffin. ed December 31, 1935.
formerly Commissioner of the An immense wreath from Hert Chinese Maritime Customs, at the Hitler was brought by two German jage of 48.
naval officers and was laid on the coffin, while the Naval Brigada A lecture on "A New Method of played "I had a Comrade." The Illumination," by Mr. H. Martin, body will be interred in Dresdea ALIE E will be given to in the family vault-Trans-Ocean day at 8.30 p.m. in
Room Service.
OVERLAND TRIP TO HANKOW ·
Return Of Students' Party
PROFESSOR FORSTER TELLS OF EXPERIENCES
, Hong Kong University.
It was announced at the month- TRIBUTE PAID TO
ANCESTOR
Princely Kin Of Ghenghis Khan
ly meeting of the Chinese Cham- ber of Commerce yesterday after- noon that the Chamber has made a donation of $500 to the Aber- The mixed parts of Hong Kong deen Industrial School.. and Canton teachers, students and | Debentures friends, headed by Professor L The monthly meeting of the
Kweisui (Suiyuan).. Forster, of Hong Kong University, Catholic Women's League (Ser-
Suiyuan and Inner Mongolia vices Branch) which was to have princely descendants of the mighty, returned 10 the Colony from Metropolitan Lands Sh. $10 Hankow on Wednesday last, after been held to-day has been post-Mongol conqueror Ghenghis Khan Humphreys $8.80 31.
Shanghai Lands Sh.$18 a.
travelling overland from Canton poned and will now be held at the
were assembling recently to pay the The party included three others same time and place on Friday their annual tribute before
shrine of their renowned ancestor, while in temples throughout Mor G. W. Moreton, golia crimson-robed Lamas were
lege, and five students. At Can-astructor at the Police Training chanting supplications for the HK. Tramways $10 b., $10.90 ton, three Hong Kong Government School, Detective Sub-Inspector country's release from the sever
Peak Trams (new) $3 n Star Ferries $84 n.
Yaumati Ferries $19 m.
cadets and one Straits cadet join-LR Whant
Professor Forster says travelling overland to Hankew to- day is an armchair business, all; jpleasure and devoid of hardship. of
and Detective Ser-
of
Mar's Ofos
- Tel. 25585 Foreign Exchange Deph mum
C's O
New York Cotton:-
May
11.38 11.38
HK Realties $5 -
July
11.08
11.06
October
10.43
10.39
Chinese Estates $82 m China Realties Sh.54 n.
December
10.43
10.41
China Debentures Sh.$60 1.
of the University staff and one April 24. student, also Mr. E. W. L. Martin.! Headmaster of St. Stephen's Cal-
Sub-Inspector
Nagasaki Nagoya
Calcutta
Paris
Santion
Dairen (Dainy)
New York Osaka Peiping Rangoon
26, Des Voeux Road Central
January March Spot
10.46n 10.45
Public Utilities
10.54 11.72
10.51 11.73
Si
Authorised Capital $10,000,000
New York Rubber:-
Peak Trams (old) $7.
LONDON BANKERS:--
May
Westminster Bank, Ltd.
Jay
Hamburg
San
Hankow
Scattle
16.10 16.062 16.21
16.18 16.32 16.31a
15.43
76.41 16.550 16.51
C. Light (old) $10.45 sa C. Lights (new) $7.25 a.
98
98
90% $834
993 37
61
61 VA
July
61
60%
May
July
October
Winnipeg Wheat:---"
81% -$3
83%
812 82
M
23%
Industrials Malabon Sugars $9.40 n.
Harbin
Honolulu
Hsinking
Karachi
Kobe
London Los Angeles Marila
Moji
Semarang
Singapore Sourabaya
Sydney
Tientsin
Tokyo
Tsingtau
Yingkow
Interest allowed for Current Ac- Counts.
Deposits received for fixed perioda on applica- E rates to be obtained tion.
G. KISHINAMI,
Manager.
Hong Kong, 10th March, 1936.
HONG KONG HEIGHTS
For the information of visitors the following list of some of thei highest points on the Igland and Mainland is published:-
ISLAND
Victoria Peak
Feet 1,823
Signal Station
1,774
Mt. Parker
1,734
Mountain Lodge
1.725
The Eyrie
1,725
Peak Hotel
1,305
Taikoo Sanatorium
1,009
Mt. Davis ...
877
Bower Road (filterbeds)
297
MAINLAND
Fest
Taimoshan
2,124
Kowloon Peek
1,971
ed.
March
Current Accounts and Savings Ac counts opened. Fixed Deposits Chicago Wheat: ceived at rates which will be quoted May
on application.
July
Trusteeship & Executorship under September taken. Safe Deposit Boxes for hire.
Chicago Corn:--- PHILIP COCKCHIN
Chief Manager. May
THE
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)
Capital paid up $5,000,000. Reserves
***.......$7,300,000.. Capital Savings Dept. $500,000. Reserve Savings Dept. $600,000. Head-Office-Shanghai
as its mission
A Bank having s
**
the industrial development China and the fostering of her commercial relations abroad. Hong Kong
Office.com
6, Queen's Road Central. Phone 31116.
Bring Your PRINTING Problems to Us
THE SEMEPAPER ENTERPRISE ATE-
KURA HAM, man
JA SVIRAL WE
News has been received the death of Mr. John
H.K. Electrics $52 b. $521⁄2-It might be dull-except for the Bryant, late of Hong Kong
5294 53. Macao Electrics $20 a.
wonderful scenery.
est winter in a hundred years. ed the party, which numbered ingeant H. J. Baldwin are proceed-
Snow, falling steadily during ing on Home leave aboard the P. all 27.
recent days, again has obliterated. that and O: liner Naldera to-morrow. Mongolian grazing lands, where |cold and starvation already have reduced cattle and sheep herds by, from 30 to 90 per cent.
Scores Of Princes at No. 15, Ridgeway Gardens,
Scores of princes from far-âung- The party left Canton on Friday Redbridge Lane, Ilford, Essex, on domains journeyed on horseback morning at 7.45 by train and slept March 7. at the age of 86 years to the tent village in Edzinghoro, the night at Lok Cheng, going on The late Mr. Bryant served as a in the region of the singing to Ping Shek. the latest railway Constable in the Royal Naval China Buses Sh.11.
From Yard Police from September 20. here, where the seven-century-old terminus, ON Saturday. Singapore Tractions 21/- n. there a motor bus was taken to 1884, until January 31 1886. Singapore Tractions Pref. 23/- Hengchow over 3 splendid road.
Saturday night
was spent there
It was announced at yesterday's and then again by motor bus monthly meeting of the Chinese
reached, a total Chamber of Commerce that Changsha was
Sandakan Lights $8.20 n.
Telephones (old) $25 b.
Telephones (new) $9 n.
Cald., Mecg. (Pref.) Sh.$15 n. Canton Ices $1
2
sands" 140 miles south-west of
relics of Ghenghis Khan are en- shrined in silver chests and close- ly guarded by descendants of his personal bodyguard.
Wearing peacock plumes and
RAW RUBBER PRICES Cald., Macg. (Ord) Sh519 a bus ride of some 240 miles. The memorial service to commemorate colourful festive dresses, the visit- train them deposited them at the death of the late Mr. Wongİ ing nobles were laden with rich Wachang at about 7 am. on Mon-Kwong-tin, for three successive terms Chairman of the Chinese day, three days from Canton.
Latest Quotations From Singapore
Messrs. H. B. Joseph and Co.
received have
the following Straits currency quotations in from Singapore for Raw Babber.
Spot 26% b. Unchanged. May-June. 27% h. Up July-Sept. 27% b. Up %. Oct-Dec 27% b. Up Market: Quiet.
REICHSMARK QUOTATIONS
Cements $9.55 b., $9.60 22.
Stores, etc.
HK Ropes $42.
gifts, which were reverentially placed before the shrine of their At Hankow, four of the party Chamber of Commerce, will take illustrious forefather. The cere left, some going to Shanghai place on April 25 at 2.30.
All
mony reached its climar with the
Dairy Farms $19.35 b., $191⁄2 Twenty-three set out on the return friends of the late Mr. Wong are sacrifice by each suppliant of a
93.
Watsons $3.
Lane. Crawfords $63⁄41⁄2
Mackintosha $5 m
Sinceres $21.
Wm. Fowells 50 cts. n. Wing On (HK) $55 n.
Miscellaneous Entertainments. $2.90 n.
S. C. Enterprises $1.35 . Macao "Greyhounds" $2 n Constructions (old) $1_n. Courtructions (new) 50 cts, Vibro Piling $4 -
whole sheep, followed by feasting. Sanctified Relics
jon Tuesday night, sleeping on the invited to attend.
train. At Changsha they left the railway and by bus proceeded to Among the passengers who are Nanchang, capital of Kiangsi leaving for Shanghai on the Mongolian conqueror inclade 1 province, some 250 miles away-President Hoover to-morrow are silver and gold saddle and various Two nights were spent there-Mr. E. Árenson,'
L Mrs.
The sanctified relics of the
then southward to Kiang, in the Belcher, Mrs. B. Baum, Mrs. Personal habiliments which are heart of what was formerly the E Fickling, Mrs. C. Fickling. exposed to the gaze of the visiting Communist country, Kiang was Mrs. F. Griffin, Mrs. M. Gardner Princes only once each year. left on the last stage of the jour-and the Misses L and A. Gardner, The past winter in Inner Mon-
Bey
on Sunday morning; but, Mr. and Mrs. W. C. Hall, Mr. and golian has been the most terrible three miles out, the road was Mrs. J. Phillipe, Mr. and Mrs. H. within living memory. Thousands. found to be under water from the Pope, and the Misses J. and G. upon thousands of cattle and foods, and buses and cars could Fope, Mr. M. Purdy, Mr. L. Shropsheep have been frozen to death or go no further. The party return-shire, Mr. E.. Villavicencio and the died of starvation. The thousands ed to Kiang and aired a motor Misses Land E. Villavicencio, and of perpetually poverty stricken boat, which took them to Kang-Mr. and Mrs. E. Wangenheim Mongols are in desperate need of HK Govt. 4% Loan 51⁄2% prem.}chow, a 30-hour trip up-river.
food. It seems certain that the There another motor bus was day the train took them to Canton tell from starvation among the H.K. Govt. 32% Loan par. b. available for Shinchow, which was and so to Hong Kong the same Mongols will be staggering this Wallace Harpers $4 a
reached on Tuesday night Next night.
spring.
Ch. Govt 5% 1925 GBds..
934% De
Berlin, To-day. The Reichs- mark was quoted yesterday with out guarantee at:-New York, 40.26; Paris, 609.5; Amsterdam, 59.245; and London, 12.275. Paris) quoted the Pound sterling at 74.97 to 75, and the U.S. dollár at.... b.
Trans-Ocean 15.17 to 15.17%- Service.