BANKS
HONG KONG AND SHANGHAI” BANKING CORPORATION
Authorised Capital
$50,000,000
and and Pally-Paid-up 20,000,000 Beserve Funds:
Sterling
6,500,000
Hong Kong Currency
Reserve ...........$10,000,000 Reserve Liability" of Pro-
prietors
HEAD OFFICE, HONG KONG.
THE CHARTERED BANK OF INDIA, "AUSTRALIA & CHINA Incorporated by Royal Charter, 1953.
HEAD OFFICE: LONDON
Paid-up Capital
Reserve Fand
£3,000,000 £3,000,000
Reserve Liability of Pro
prietors
£3,080,000
-$20,000,000
Agencies and Branches:
Alor Star
Boila
Banguna
bangon
Bangkok
Seralt.bad
Bombay
Shanghai
Calcutta
Kuala Lumpur
ingapore
Sucking
b
Cawapre Cebu
Boumba
Manala
Colma
3
Daba
Haiphong
New York Paping
Halsburg
Hang)
Hank
BOARD OF DIRECTORS.
Hon. Mr. J. J. Paterson.
Chairman,
G. Miskin Esq.,
Depeky Chairman.
Hen. Mr. W.H. Bell JE Massun Esq., AE Compton Esq., T. E. Pearce Esq.
Hon. Mr. S. E. Dodwell,
J. A. Plummer Esq.
Harian
MI. Johnson Esq., AL. Shields Esq. ong ·
V. M. Grayburn, Esq.
IMOT
SIG KOE
PATANZA
BOMBAY
Czlet Manager.
BRANCHES :-
LONDON
LYONS
MALACCA
MANILA
MUAR (Jobs) MUKDEN
NEW YORK
PEIPING
CALCUTTA
CUNTON
CATPOO
DOLDE
DAIREN
POOCHOW
NAIPHONG
SAIGON
SAN FRANCISCO
BAMBURO HANKOW HABBIN
BONGKE
POW
JOHOSE
KOWLOON
XCALA LUMPUR
PENANG
RANGON
BHANG HAS
BINGAPORE
NOURABAYA
SUNNI PATANI
TIENTNIN
TOKYO
TSINGTAO
YOKOHAMA
Current Soodusta opened in Loon Currsacy and Fixed Deposite coved for own year or shorter gerade in Local Currency and Steeling, an tertan gun will be quoted on appilosion.
ALGO ND NO BATE DEPOSIT BOXES in pow TO LE.
Hong Kong, 24th February, 1936.
HONG KONG SAVINGS BANK
The Eve of the above Boul be conduct
sd by the HONG KONG AND SHANGHAI
Rabe may VANHINA CORPORATION.
O appostion
FOR THE HUNG LONG AND SHANGHAI
BANKING CORPURATION,
V. GRATECAN.
Chef Knongar.
Hong Kong, 24th February, 1936.
Wadena
Fantaz
Tupand
angha
{buke)
Taingto
Lokbata
Zarn bangk
Formiga kachange and Coastal Banking buginam Statuected.
THE CHINA MAIL THURSDAY, APRIL 23, 1936.
and
Commerce
Finance
LOCAL DOLLAR STEADY
Silver Prices Fall
The local dollar is steady, opening on demand this morning, at 1/3d
"Spot" silver declined 5/16 to. also fell 204. while "forward" 15/16 to 2014.
The London on New York cross- rate was quoted at £-U.S.$4.935%, compared with US $4.94, while the New York on London jcross-rate was quoted at £--U.S.- Manager. $4.93%, as compared with £-US-}
$4.94
Fas Current Accutie open! and Fixed Deposits | recasted for one year shener pesode which will be quoted on application.
A. BREARLEY,
Hong Kong, 1st January, 1935.
THE
AMERICAN EXPRESS COMPANY,
INC.
Bead Office:-65, Broadway. New York
Capital
Surplus
Reserves
US$5,000,000.00
2,183,633.06
BRANCHES:--
Amsterdam Alap
Gezo
Albe
The Hagu
13
Bania
Hamburg
25 Pin
جميجية
Bombay
Bran
Juminda
"
Calcatio L'acum
Heidelberg interikan Jerusaluca Loodan
Im vergal
Lucurve
مده است
م اسلامية
870,731.05
Montreux
معتاد
Nude Saplam Pyrsaus
Perpiñ Kattern
مخافة
& baglama
Southamp
angeme Ikawa
Copenhage Dublin
S
Králo
Vimpor
Edinburgh
*
Licens
Sluate Cario
Much
Ž SE LA
Zunch
Branches
NEW YORK STOCK MARKET
Long-Term Bullish Trend
ADVISABLE TO TAKE
TRADING PROFITS
Messrs. White, Weld and Com- pany, New York Correspondents for Messrs. S. E. Levy and Com- pany, report:--
break Stocks: The failure to
low levels through the March leaves the market still in a long- term bullish trend, but we believe it advisable to take trading profits within the range of 151-156, as
of American Express indicated yesterday. Business Company in Principal cities of United Cone: 1.200,000 shares. THE BANK OF EAST ASIA, LTD. States of America and Canada.
Autored Capita
Pay Cup+tion!
Barve and Ladivided Frubla 2 NIG
BEAD OFFICE:-BONG KONG,
De Virus hand, Central,
Wheat: In the face of
small
All classes of Commercial Banking Southern Hemisphere shipments, „£10,910,200.00
$5,500.00 Transactions undertaken.
the promise of increasing Cana- Personal investment accounts hand-dian sales and healthier statistics, we would remain bullish on wheat.j lied.
Total sales: 24.496,000 bushels
Cotton: Wide-spread but light The Company offers to intending Travellers the use of its Travellers rains throughout Oklahoma were: Cheques and Letters of Credit and entirely insufficient to be of any in addition, the world-wide services
HUARD OF DIRECTORS:-
Yu C. Chardien
Li Boos Chat, E. P. K. Xw Eng
Wook
The Love Kay. Chen Chibws, Et La Free Wong Claus to buy sad on Yun
But,Day
Cache
Casos
haa Tung Pi E. Chief Managus..
Fou. En Kanger.
BLANCHES AND AGENCIES:-
Haphoog Hasow
Lobe Lawlows Loodwo
Hailesine Sagunak New York
Unaka Para
J'-pix PODARI
Викия
Dacsorang Shangm Inngapor Sourabaya Swatar Sydney Veeku
Hangood
Tekken
WE JU
0
Vanomenera Tokohama
Ivery descripuap of Banking and Exchange busamma tracmacbed. MON STAGnd on approved
BOLLECULAR
CATAL Anooutle opened in Local Currency,
of its thoroughly equipped Travel benefit to the growing crop. The Department
Producers Pool to-day began sell- ing their holdings of May cotton at 10.55
CH BENSON,
General Manager.
Flash: Average daily production
THE CHINA & SOUTH SEA BANK, of petroleum during the past week
UMITED
(Incorporated in China) Head Offer Shanghai
Capital Reserve
$7,500,000.00
$1,500,000.00
Bat Thaid Pregnante recerred for com year Branches--All Important Cities
bare period is Good and Foreign Currencie
on 14:bach will be quoted on appLamal.com
Depot Boles To Le
Se
KAN ONO 20,
Ciel Manage7.
THE YOKOHAMA SPECIE BANK
LIMITED
Established 1580
Capital (full paid-up) Yen.100,000,000 |
...Yen 129,150,000 Reserve Fund
Head Office: YOKOHAMA
Branches and Agencies at
Alexandria
Batavia
Berlin
Bombay
Calcutta
Canton
Dairen (Dainy)
Nagasaki Nagoya
New York
Paris
Osaka
Peiping
Rangoon (Mukden) Rio de Janeiro San Francisco
Honolulu
Hsinking
Karachi
Kobe
London
Los Angeles
Manila
Moji
Seattle
Semarang Shanghai Singapore
Sourabaya Sydney Tientsin Tokyo
Tsingtat
Yingbow
Interest allowed for Current A
counts.
Ching
Forsign Exchange and General Banting Busi
Lanected.
is estimated at 2.933.000 barrels,
as against 2.890,000 barrels the previous week.
1
+
The Edison Electric Institute estimates electricity production for the
1.915,000,000 past week at kw.h which is an increase of 12.5 per cent from the corresponding
Currect and Sering Arcouste opened and Fised Week of last year- Depole roved for one year or shorter perioda
which will be quoted an application.
Boy 2. CHANG,
Manager. HONG KONG BRANCH=" 24. Des Vous Bond, Cuneral. "Manerer's Office ma
Foreign Exchange Dept. - General Unos vannas Concer (no
- To 33545
THE WING ON BANK, LTD.
Head Office: Hong Kong 25. Des Voeux Road Central Authorised Capital $10,000,000
LONDON BANKERS:
Westminster Bank, Ltd. Foreign Exchange and every des- cripton of banking business transact- ed.
Current Accounts and Savings Ac-| counts opened. Fixed Depozita re- Locived at rates which will be quoted
on application.
Trusteeship & Executorship under- taken. Safe Deposit Boxes for hire.
PHILIP GOCKCHIN
Chief Manager.
NEW GERMAN AMBASSADOR AT PARIS
Paris, To-day. The newly ap Deposits received for fixed periods pointed German Ambassador at Count Welczek, arrived here yesterday from Madrid to as- Manager. sume his new post Trans-Ocean
Service.
at rates to be obtained on applica Paris, tion
G. KISHINAMI.
Hong Kong, 10th March, 1936.
POPEYE. A 1YAM HAVIN SOME BETTER) UNIFORMS MADE FOR YA- IN THE MEANTIME GO
SHOOT AT THE EMENY
Hornets' Nest."
HAH!! THERE'S THE [ENEMY: THOUSANDS
OF THEM -
RAW RUBBER PRICES
Latest Quotations From Singapore
Messrs. H. B. Joseph and Co. have received the following Straits currency quotations in from Singapore for Raw Rubber-
Spot 26% b. Down 1. May-June 26% b. Down July-Sept. 27 b. Down 1. Oct.-Dec. 27% b. Down 8. Market:-Duli.
THE
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China);
.$5,000,000. Capital paid up....
$7,200,000. Beserves Capital Savings Dept. $500,000. Beserve 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 Office...-
5, Queen's Road Central Phone 3:116.
NOW'S MY BIG CHANCE- CURSE 'EM!
SHARE MARKET
TO-DAY'S QUOTATIONS
The following was the list local share quotations issued day
+
Banks
H.K. Banks 1,520 a. H.K. Bank (London) 101 Chartered Bank £14. Mercantile Bank A. and
£31.
Mercantile Bank C. £14. Bank of East Asia $75 21.
Insurances
Canton Ins. $273 n. Union Ins. $510. China Underwriters $1. Chins Fire Ins. $480 n. HK Fire Ins. $250 n. International Assee. Sh$34 n. Shipping
of
to
ITALY FEELS THE PINCH
Sanctions Affect Trade
HUGE DECLINE NOTED
- CHINA MAIL" SPECIAL
Geneva, To-day-
NEW
"DOUBLE" ADVERTISEMENTS
FEAT
(Continued from Page `$)
Hung, handicapped by an in- jured right arm, which at times appeared not strong enough to get
the ball over the net, was always a doubtful quantity, although he
PUBLIC AUCTION,
TIRE Undersigned have received
instructions to sell by Public
Auction
.
On
Monday, the 27th. April, 1925 commencing at 10.00 am
A Quantity of VALUABLE HOUSEHOLD
The report on the effect pro-! duced on Italy's foreign trade by flashed across several glorious at No. 107, Austin Road, Kowloon the application of sanctions, which forehand drives, while his angle was read by the chairman, Mr.volleying invariably proved suc- Westmann, in Tuesday's session of cessful. He was inclined to poach the supervisory committee appoint-and on these occasions the losers
FURNITURE
On View from Sunday, the 26th,
Terms: Cash on Delivery
a. ed by the Sanctions Committee of were left in a ludicrous position April 1936.
Eighteen and has now been pub with half the court open for an Blished by the League Secretariat, easy point for either of the Tani
contains some highly interesting brothers. Hung, however, was the only one of the four to use any information.
overhead shots, his The
the force in his that report states
any part of the Italian exports to 30
countries, smashing from which latter have in previous court being one of the few high- years accounted for about 90 per lights of a dull encounter. Haag cent. of Italy's total export trade, was playing in his second succes! have decreased from 17.3 million sive Doubles Final gold dollars in December 1935 to; 5.86 millions last February.
Though the weather conditions might have been a lot worse, the
LAMMERT BROS.,
Auctioneers.
Hong Kong, 23rd April, 1936.
INDUSTRY AND ART
DESIGN
These figures include export to dry heat seemed to produce a APPRECIATION OF those countries which do not apply lethargic effect on all four players, sanctions proposal No. 3. provid-and as a result the match lacked ing for the refusal of Italian goods. the thrills expected in an Open The Italian exports to the countries Championship Final. which have enforced this embargo
fon
Point Scores
Douglases "$$6 2. H.K. Steamboats $534 n. Indo-Chinas (Pref.), $30. Indo-Chinas (Def.) $20 m. Shell (Bearer) 96/3 n. Union Waterboats $12.20 n.
become Italian goods have
The following were the point scores Mining
practically immaterial. Last Janu-of the match in. order of service:
First Set Antamoks $2.40 b., $2.35/146 33.ary they amounted to 16 per cent. Balatoes $214 n.
of the exports in the January of Baguio Gold 1 ets. b. 31 ets.the preceding year. while in February they had dropped to a bare 6 per cent.
sa
Benguet Consolidated $18.20 D* Benguet Exploration 22 ets. n. Big Wedge 40 cts. a. Demonstration 75 cts. b. Gold Creek 15 cts Gold River 6 cts. b. Itogons $1.22 5.
LXL $1.55 53..
Salacot 14 cts. n. Kailan Mining Ad. 12/3 n. Langkats (Single) Sh.$10 Masbate 70 cts. n. S'hai Exploration Sh.$41⁄2 n. Shanghai Loans Sh. n. Raubs $11. San Maurico $1.20 sa. United Paracale 79/80 cts. sa. Venz; Goldfield $334 n.
Docks, etc.
HK and K. Wharves $91 1
H.K. and W. Docks 39 Providents (old) $1% n. Providents (new) 20 cta. - Hong Kew Sh$190 m New Engineering Sh.34 n. Shanghai Docks Sh.$100 n.
Cotton Mills
GOLD EXPORTS
WORK OF SPECIAL COUNCIL OUTLINED
to
London, To-day. The Council set up in January T.WP. Fincher T.Y.P. 1934 by the Board of Trade.
deal with questions affecting the relations between art and indus- try describes, in the second nual report fust presented. the T.W.P.laims which it has adopted.
Hung
*}
4-2
G
4--1 Second Set Fincher
T.X.P. Hung
42
The report deals at some length with the gold exports from Italy. Third Set pointing out that,
according to Fincher
53
1 4-0
Fifth Set
ung
DIE LIE LIE IDLE DALE
4-2
GU
5-3
4-1
5_3
ཧཡཡི
--
T.Y.P.
41
T.W.P. Bazy
T.Y.P.
These are--
****
(1) the education of the consumer in.
an appreciation of design; TA.P. (3) the training in design of in
dustrial personnel; and (3) the encouragement of good de
sign is manufactures by making. it easier for rms to establish contact with skilled designers and by information on the cur- rent standards of design. The Council has been mental in the establishment, in connection with a number of in- dustries, including textiles and. Tsuis Fincher pottery, of committees in which |representatives of the industry
1 1
T.W.P. Fincher T.Y.P
5 3
5-3
1-2
press reports, the gold reserves of the Bank of Italy had between Fourth Set October 20 and December 31, 1935. Fincher decreased by 47.8 million gold dol- lars. Last January, the outflow of gold continued at an accelerated Inace, the net gold imports from Italy into 30 countries for which returns were made reaching a total of 27.2 million gold dollars, while incomplete reports so far received First Set for February record gold imports Secund Set from Italy to a value of 16.6 mil- Third Set lion gold dollars. No reports have Fourth Set asyet been received for March, Fifth Set but according to press statements Totals
Totals
43
40
35
12
159 166
were love games.
a single gold shipment from Italy of the 52 games played only 14 weat to Switzerland amounted to 13.7 to desce and 10 million gold dollars."
Prizes Presented
instru-
jand of education are co-operating in the preparation of schemes of training. A national register of industrial designers is under con- sideration.
Wireless Ser-
Much has been done towards Hung served the only double faul: ofthe education of the public taste On October 20, 1935, the gold the match.
and making known the standards Ewo Cottons Sh.$8% b.
and foreign currency reserves of
At the conclusion of the match of good design to manufacturers Shanghai Cottons (old) Sh$70 the Bank of Italy totalled 227.2
trial art-British b.
million gold dollars, of which about Miss Anne Dodwell presented they means of exhibitions of indus- Shanghai Cottons (new) Sh-50 per cent. had been
rice. exported Open and Hong Kong Cricket Club) up to the beginning of March this trophies after Mr. "Dick" Han-! cock. President of the H.KC.C., year.
Mr. Westmann's report stresses, had congratulated the winners of
is the various tournaments. however, that no information H.K. and S. Hotel $4.85 b., $4 available concerning the amount Tsui Wai-pui beat H. D. Rumfahın
$374 b.
Zoong Sings Sh.312 .
Wing On Textiles Sh$25
Lands. Hotels, etc.
30 sa. H.. Lands $33 s.
of gold and foreign currencies which Italy may have been able
OPEN SINGLES FINAL
6-3, 7-5, 6-3.
OPEN DOUBLES FINAL
LATE DR. VON HOESCH
B.K. Lands 4% Debentures to accumulate since last October-Tsui Wai-pai and Tsui Yan-pai beat Honours Rendered By
100% b
Shanghai Lands Sh.318 n. Metropolitan Lands Sh. $10 m. Humphreys $8.80 m.
H.K. Realties. $5 .. Chinese Estates $82 a.
China Realties Sh.$4
China Debentures Sh.860 1.
Public Utilities HK. Tramways $1034 b. Peak Trams (old) $7 n. Peak Trams (new) $3 n. Star Ferries $8512 b. Yaumati Ferries $19 n.' C. Lights (old) $10
55/.60 82.
b., $10.-
C. Lights (new) $74 b. H.K. Electrics $51 b., $51% s Macao Electrics $20 n. Sandakan Lights $830 n Telephones (old) $2514 b. Telephones (new) $9 n. China Busen Sh411 n. Singapore Tractions 20/- n. Singapore Tractions Pref. 237-
*.
Industrials
Malabon Sugars $8.40 n. Cald., Macg. (Ord) Sh$191⁄2 -
Trans-Ocean Service.
Cald, Mecg. (Pref) Sh$15 - Canton Ices $134 D. Cements $10.15 b. .H.K. Ropes $4 b.
Stores, etc. Dairy Farms $20 sa. Watsons $33% s.
Lane, Crawfords $634 a Mackintoshs $5
Sinceres $2 n.
Wm. Powells 50 cts. Wing On (H.K.) $55 Miscellaneous
Entertainments $2.90 n. S. C.. Enterprises $1.35 a. Macao "Greyhounds" $2 me Constructions (cld) $14 m Constructions (new) 50 cts. n. Vibro Piling $4 n.
Ch. Gort. 5% 1925 GSBds.
93%
b.
E. C. Fincher and W C Hung 68.5, 2-6, 6-2.
H.K.C.C. TOURNEY FINALS
Championship.-L. Goldman beat
M. Pagh' 6-3, 6-3, 6-2
Singles --M. Handicap
Pagh (15.2) beat W. A. S. Grant (-15.2) 4-6, 6-1, 7—6.
Britain
GERMAN GOVERNMENT'S THANKS
The
← CHINA MAIL" SPECIAL
Berlin, To-day. German Government's heartiest thanks for the impres- sive ceremonies arranged by the British Government in connection
Handicap Doubles W. P. Lucy with the conveyance of the mortal and R. A. Phillimore (3/6)remains of the late Ambassador, beat B. O'ML Deane, and G. E. Dr. von Hoesch, to Germany, have Divett (15) 7-5, 6-2.
REICHSMARK QUOTATIONS
been expressed by the Foreign Minister, Baron von Neurath, in a letter to the British
Foreign Secretary, Mr. Anthony Eden, in Berlin, To-day. The Eeichs-which he states that the honours mark was quoted yesterday with-rendered, both on land and sea, to out guarantee at:--New York, the deceased diplomatist created a 40.24; Paris, 610; Amsterdam, profound impression in Germany. 59.255; and
12.285. London,
Baron von Neurath requests Mr.
H.K. Gart. 4% Loan 5% prem Paris quoted the pound sterling at Eden to transmit also to the Bri- 74.94 to 74.96, and the US. dollar tish army and navy the warmest at 15.1737 to 15.1763.-Trans- thanks Ocean Service.
H.K. Gort. 3 Loan par. b. Wallace Harpers $4 n.
To-morow.
"Household Hints."
MY GOSH! WE'LL NEVER WIN THIS WAR
BY SHOOTIN' AT 'EM
BANG-
BOOM
·BANG BANG-
BANG
BAM
POD
BAC
of the German Govern- [ment-Trans-Ocean Service.
HONG KONG $ DIRECTORY
1936 ISSUE --
NOW
ON SALE
THE NEWSPAPER ENTERPRISE LTD.
3A, Wyndham St.
Tel. 20022