BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorised Capital
$50,000,000
Lassed and Fully-Paid-up 20,000,000 Beserve Funds:
Sterling .....£ 6,500,000 Hong Kong Currency
Reserve....$10,000,000
Berre Liability of Pro-
prietors
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA Incorporated by Royal Charter, 1853 HEAD OFFICE: LONDON
ipola
Xarachi
XJANE
Searing
Paid-up Capital
£600,000
Reserve Fund
£3,000,000
Reserve Lisbility of Pro-
prietors
£5,000,000
$20,000,000
Agencies and Branches:
Alor Star.
Loile
RAD000
Amrinar
Seyron
Bangkok
Batavia
bersaban
Bombay
Kobe
Shanghai
**
Cakutia
Konin Lumper
Suppor
Cacion
Kuchips
Cawnpore
Cebe
Cambo Deki
Manila
"bombayu
Taping
Madam
*Tiantain
New York
Haiphong Huaburg
Peping
Peking!
Cang
HEAD OFFICE, BONG KONG. BOARD OF DIRECTORS Hon. Mr. J. Paterson.
Chairman
G. Miskin Esq.,
Deputy Chairman.
son, Mr. W.H. Bell, J.R. Masson Esq., AE Compton Esq., T. E. Pearve Esq. Hon. Mr. S. H. Dodwell,
J.
Plummer Esq. Hanko MT. Johnson Esq. AL Shields Esq.goog
V. M. Grayburn, Esq.
NOT
BASURVE
BATAVIA
CANTON CREFC
OOLUN 20
DAIRES POOCHU KAIPLUNG BASKOW HARBIN
HONGKEW
ILUALU
UCH
JOUBE
KUBE
BOWLOON
Chini Msonger.
KUALA LUMPLE
RANCHES-
LONDON
LYNX MALACCA
MUAH oborr MURDEN
NEW YORK
PEPING
SAIGON
SAN FRANCISCO
DHANGHAI
SINGAPORE
SUNGEI PATANI
TUKYO
T
SOUBABATA
TIENTSIN
Current Amounts opened is Loon Curry and #Pond Deposite rowed for one year or aborter; pana in Leon Currency and birling on wagne
es wut be closed on mon A280 op so da SAFE DEPOSIT BOXES in
TO LET. Barton si
Hong Kong, 24th February, 1936.
HONG KONG SAVINGS BANK
The Bunions of the above Bank in conducis
Madras
Congkak
(ii)
Vologdema Zabows
THE CHINA, MAIL, THURSDAY, APRIL 30, 1936
Commerce and Finance
LOCAL DOLLAR
STEADY
Silver Prices Fall
dollar is steady. The local opening on demand this morning at 1/35%d.
both Silver prices fell 1/16. "spot" and "forward" being quot- ed at 20 3/16.
The London on New York cross- rate was quoted at £-US34.9378, Furnigy Exchange and General Banking busias compared with £-US$1.933⁄41⁄4%,} Lineascled.
Current Accounts opened and Flood Dewhile the New York on London PROP Sine cu 300 or shorter panels across-rate was quoted at S-US- $4.94. as compared with £-U.S.- A. BREARLEY,
Manager $4.937. Hong Kong, 1st January, 1935.
which will be quoted on application
THE AMERICAN EXPRESS COMPANY, INC.
Incorporated with Lund Liebig in Uza.
Head Office-$5, Broadway, New York
Capital Sarplus
Reserves
Ametardata
Anime
Athens
Baile Berlan
Hy Bretons
Bruneia Leiro
Buses may b
by the HONG KONG AND SHANGRAI YANKING CORPORATION,
Melded on application
FOR THE LUNG KONG AND BRANGIAI BANKING CORPORATION.
Y. M. GRAFETES,
Chet Mauger.
Hong Kong, 24th February, 1936.
THE BANK OF EAST ASIA, LTD.
----- $10,000,BOG.DO $3500.00
Authored Capila Fed-up Capital Bars and Undivided roll,65,52
LEAD OFFICE-HONG KONG.
10. D V Road, Cantral.
BOARD OF DIRECTORS-
Chairman. Mbogo Kwok, Eng. FORE I Foot Chun, Eq.. Yun Tong E., Chan Chung Shok, Eng Li Lan Fang Fan Hong Chu Son, Ey, and hen Xing: 20. Ex.
Bombay
عاملة
Canton
La Tung Po, Eg- Chia! Mazing85 in
La Tee Foo
Xiangat.
BBANCHES AND AGENCIES:-
Baphong
Kelbourne
Beaks Para Prijung
Pepang
Sentila
Semarang bangba
Soursonga Tellyw
Sydney
Flexor
Hamis
Kobe
Rangoon
Four.co
bayon
Dentals Tokyo
Loodan
Ben Fraudsop
Vaneuver Yokohama
2007 description d Backing and Exchange Lasse granted on syproved bauen estad
* Enocuals cyond to Lo CarTROLY
and Field Depot red for pop your or
in Loon and Forsigs Carracio aborter pack will be quoted on application.
bals ImpossHow To TOMU PO
Did Larg
ΣΑΧ
Chunt Manager.
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
Alexandris
Batavia Berlin
Bombay
Calcutta
Canton
Nagasaki Nagoya New York
Paris Feiping Rangoon
Daizen (Dainy), Ran Fenstien (Makden) Rio de Janeiro
Hamburg Hankow
Harbin
Hong Kong
Fonolulu
Honol
San Francisco
San
Seats
Shanghai
Singapore Sourabaya Sydney Tientsin
Kobe London
Tokyo
Los Angeles Manila
Tsingtau
Yingkow
Moji
counts.
Caleesta Chan Colombo Copenhagen Tuban Kinburgh FLUENCE Gruste
.U.S.$6,000,000.00 2,183,633.00 870,731.00
BRANCEES:-
Gende
MENULI Milen Nice Nepien
..
Paping Rocter
The Hague HAYLOO Hot Duty
Ba
•
Interiskat Jerusalem.
Landno
Lepool
Lucerne
LADO
Luxor
Nurmine Monia Caria Marily Kunica
Bowe Shanghai Southampto
Vienna Venice Forohama Zunch
Branches of American Express Company in Principal cities of United States of America and Canada.
All classes of Commercial Banking Transactions undertaken.
Iled
NEW YORK STOCK MARKET
Looks Still Lower
Messrs. White, Weld and Com- pany, New York Correspondents for Messrs. S. E. Levy and Com- pany, report:-
looks!
"Stocks: The market still lower, though we believe that fur- purchases may be made or
Ither weakness for trading pur- poses only in expectation of an Business early technical rally. done:-1,790,000 shares.
Wheat:-The recent rains are temporarily allaying drought dam-i lage fears, but, the critical grow-| ing period is still ahead and
we
would begin to liquidate May wheat on bulges. Total sales:- 24,933.000 bushels.
"Flash: Average daily produc tion of petroleum during the past! Personal investment accounts hand.week is estimated at 2,953,000 har- jrels against 2,935,000 barrels the
previous week.
The Edison Electric Institute electricity production addition, the world-wide services for the week ended April 26th. at its thoroughly equipped Travel 1.933.000,000 kwh, an increase of 15.5 per cent. over the correspond- Departinent
fing period of last year.
The Company offers to intending) Travellers. the use of its "Travellers Cheques" and Letters of Credit and estimates
TO
C. EL BENSON,
General Manager.
THE CHINA & SOUTH SEA BANK, LIMITED
(Incorporated in China) Head Offer Shanghai
Capital
Eeserve
$7,500,000.00
$1,500,000.00
STAY OF WINDING UP ORDER
Application Granted
Mr. Leo D'Almada, izr., in- Branches-All Important Cities instructed by Mr. M. A. da Silva,
China
Foreign Exchange and General Banking Buskonna tranced.
made an application before Mr. Justice Lindsell this morning for
SHARE MARKET
The following was the list local share quotations issued day
of
to-
Banks
Correns and Saving Accounts opened and Fized Depanse rosiend farger or shorter periods a stay of the winding up order at rains which will be quoted on application.
DOU Z CHANG,
HONG KONG BRANCH
Des Yarns Boad, Centrs.
Manage
Manager's Of
Foreign Exchange Duplu mycom General 0
Cabine's Office of the hand of MSAS
**
$7666
83367
23500
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 das cripton of banking basiness transser
made against Messrs. 0. K. Gidu- mal and Watuamull and Co., Ltd,! jon March 10, last, stating that had come the parties concerned to an agreement which was, brief- ly, to the effect that the petitioner would retire from the Company to him of $50,- upon payment 1000.
His Lordship: "I see that the Official Receiver is present and Ij take it that he is only too glad the matter is solved. I am glad the matter has ended so satisfactorily according to the terms of the com-
· ed.
Current Accounts and Savings Ac-promise."
Fixed Deposits ze-ma counts opened. ceived at rates which will be quoted) on application.
Trusteeship & Executorship under- taken. Safe Deposit Boxes for hire.
PHILIP GOCK.CETS
Chief Manager.
UPWARD TRADE TREND IN ENGLAND
London, to-day. The value of Interest allowed for Current Ac-retail trade in March was 7.9 per A year ago. Deposita received for fixed periods cent. higher than
on applica- Stocks were fractionally higher at rates to be obtained.
and employment 5 per cent higher tion
G. KISHINAML
than in March 1935.-British Wireless Service Hong Kong, 10th March, 1936.
POPEYE.
Manager.
"When We Retreat.”
1 LEFT WIMPY IN CHARGE
OF ME ARMY. I HOPES
HE TAKES CARE OF "EM WHILE IYAM IN;
BRUTA
ABOUT FACE-HED - SHOULDER ARMS-SALUTE--HALT- PRESENT ARMS - FORWARD
MARCH TO THE FIELD OF BATTLE
THE
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)
*-*-$5,000,000. Capital paid up
**$7,300,000.
Reserves Capital Savings Dept. $500,000. Reserve Savings Dept. $600,000. Head Office Shanghai
A Bank having as its mission the industrial development on Chins and the fostering of ber commercial relations abroad Hong Kong Office--
6, Queen's Road Central Phone $1116.
AND I SHALL LEAD YOU.GENTLEMEN – SHALL LEAD
YOU
H.K. Banks $1,510 b.
H.K. Bank (London) £1023⁄4 ¤. Chartered Bank $144 1. Mercantile Bank
A. and
B
$31. Mercantile Bank C. 14% L Bank of East Asia $73 1.
Insurances
Canton Ins. $275 n.
Union Is. $515 b.
China Underwriters $1 h. China Fire Ins. $450 n. EK Fire Ins. $250 n. International Assce. Sh$31⁄4 n.
Shipping
Douglases $36 n. H.K. Steamboats $5. Indo-Chinas (Pref-), $$0 m. Indo-Chinas (Def.) $20 n. Shell (Bearer) 93/14 Union Waterboats $12.20 1.
Mining
.
·
Antamoks $2.30 b. Baltocs $219 a. Baguio Gold 27 cts. b. 28 cts.
Benguet Consolidated $18.20 Benguet Exploration 22 ets. n. Big Wedge 35 cts, s. Demonstration 70 cts. b. Gold Creek 15 cts. Gold River 41⁄44 cts. I Itogons $1.20 m. LXL. $1%1⁄2 n.
Salacot 11 cts. .
Kailan Mining Ad. 12/9 a. Langkats (Single) Sh$10 n. Masbate 70 cts. n.
S'hai Exploration Sh$44 n. Shanghai Loans Sh.$4 n. Raubs $111⁄4 1.
San Maurico $1.15 s. & sa. United Paracale 75 cts. Venz; Goldäeld 3 .
Docks, etc.
H.K. and K. Wharves $91 z. H.K. and W. Docks $9. Providents (old) $11⁄4 n. Providents (ex) 20 cts. - Hong Kew Sh$190 n.
New Engineering Sh$4 z. Shanghai Docks Sh.$100 n.
Cotton Mills Ewo Cottons Sh.$8-40 b. Shanghai Cottons (old) Sh.$71 5 b.
BRIBERY OF OFFICIALS
"Phoenix" Scandal In
Austria
OPTIMISM REIGNS IN ADDIS ABABA
(Continued from Page 1)
Geneva: Another note was re- ceived yesterday by the League MINISTERS FORCED TO RESIGN Secretariat from Italy concerning
NEW ADVERTISEMENTS
NOTICE OF REMOVAL
S from 1st May our Offices
will be situated at:-
3rd Floor, Prince's Building, Des Voeux Road, Central. T. A. MARTIN & CO. Incorporated Accountants.
THE CANTON INSURANCE OFFICE LTD.
the bombardment of Harrar, and ** CHINA MAİL " SPECIAL
it is stated that the Abyssinian #. Vienna, To-day. The publication of the lists of allegation that Harrar was en- The Italian people bribed by the Phoenix Ia-tirely demilitarised and I adefend- surance Company, the total ban-ed is utterly untrue. kruptcy of which and the subee Commander-in-Chief had, before ascertained quent reorganisation of the whole making the attack,
was that there were great quantities Austrian insurance system
Trans of ammunition and even machine NOTICE TO SHAREHOLDERS. previously reported by
Az all Ocean, has now begun, and reveals guns massed in the city.
established THE FIFTY-FIFTH ORDINARY on events it had been that the total amount spent
GENERAL MEETING of bribery was 2014000 Austrian that the Egyptian Lazaret and
Red Cross Station had only been Shareholders will be held at the schillings.
Offices of the undersigned on General hit by accident.
THURSDAY, the 21st May, 1986,
It is announced that
CLIMAX NEAR H. C. Vaugain. President of the
and Asmara: The drama on the at Noon, for the purpose of receiv- Austrian State Railways former Defence Minister. the northern front is apparently ap-ling the Report of the General leader of the "Heimatschutz,"proaching its climax, according to Agents, together with a statement from Italian sources. of Accounts for the year ended Councillor of State Coreth, former reports Defence Minister Prince Schoen-Decisive events are scheduled to the 31st December, 1935.
The SHARE REGISTER and next berg-Hartensten, as well as the take place not later than
BOOKS will be well-known District leader of the week. Even should Kas Nassibou TRANSFER Patriotic Front, Lieutenant-Colon-succeed in holding his present CLOSED from the 7th to the 21st el Seifert, and the President of the positions for some time, his fate May 1936, both days inclusive. Austrian Traffic Bureau, were for-is sealed the moment the Italian
ced to resign in connection with troops take Addis Ababa.
It is, how-
The Italian authorities
neither Daggahbur
admit
nor
the Phoenix scandal ever, added that neither Vaugoin that nor Coreth were guilty of any dis Sassabaneh has yet been occupied. honourable action.
ONLY PART OF TRUTH Later: The official list which has been published of the persons! involved in the Phoenix insurance concern scandal is considered un-
satisfactory by many circles here, which take the view that only part, of the truth has been revealed. Thus it is pointed out that no de forthcoming concerning tails are
-Trans-Ocean Service.
GAS TREATMENT FOR ABYSSINIANS Efforts Of Societies In
Britain
London, To-day.
JARDINE, MATHESON
& CO., LTD. General Agents. Hong Kong, 30th April, 1936.
THE HONG KONG & SHANGHAL HOTELS, LIMITED -Incorporated In Hong Kong)
IN
TOTICE IS HEREBY GIVEN that the ORDINARY YEAR- LY MEETING of Shareholders of The Hong Kong and Shanghai. Hotels, Limited, will be held at
Asked in the House of Commons the Registered Office of the Com- the sum of 1,460,000 schillings dis-! tributed to the press, and that the yesterday whether the Government pany (Exchange. Buildings, Des names of the four officials who proposed to take any action with Voeux Road Central, Hong Kong).. were granted loans have not been a view to supplying to Abyssinia on WEDNESDAY, the 27th day of gas-masks and cheroical materiais May, 1936, at 11 am, for the par made known.
The statement in the official for the treatment of gas-inflicted pose of receiving a Statement of communique that the sum of 400-wounds, the Foreign Secretary Accounts and the Report of the 000 schillings is alleged to have said he understood the appro-Board of Directors for the year or funds and re-electing a Director and the been paid to a person named Bach-priate medical supplies for the ended on the 31st December, 1935 mann was destined for the Aus-treatment of sufferers
were being Auditors. meets for their purchase trian National Socialists
forwarded to "Abyssinia by various! with much scepticism, since body of that name is known National-Socialist circles here.
-01
The TRANSFER BOOKS of the
in societies and private organisations Company will be CLOSED from in Britain. He need hardly add Wednesday, the 13th May. 1936 to
It is also stressed that the names that humanitarian efforts of that Wednesday, the 27th May, 1936-
British of the other National-Socialists description had the warm approval both days inclusive.
of who are accused of having pocket-
Government. the
ed 64,000 schillings have been Wireless Service. withheld, while on the other hand! the relative paucity of the sums Heimwehr has) distributed to the created surprise, in view of the
Shanghai Cottons (new) Sh-much larger amounts paid to less
$99% 6.
H.K
Debentures
Zoong Sings Sh.$12 n. Wing On Textiles Sh.$25 z.
Lands, Hotels, etc. HK. and S. Hotel $4.80 b. & sa. H.K Lands $30 n. Lands. 4% 100% b. Shanghai Lands Sh.$18 n. Metropolitan Lands Sh. 10 Humphreys $8.80 1. HK Realties. $5 . Chinese Estates $82 n. China Realties Sh.$4 n. Chiza Debentures Sh.360
Public Utilities HK Tramways $10:85 b. Peak Trame (old). $7 n. Peak Trams (new). $3 IL Star Ferries $86 b. Yaumati Ferries $19 1. C. Lights (old) $10.70 b. C. Lights (new) $71⁄4 b. • H.K. Electrics $51 b., $51% 82 Macao Electrics $20 - Sandakan Lights $830 n Telephones (old) $25.15 b. Telephones (new) 39 n. China Buses Sh$11- Singapore Tractions 20/- n- Singapore Tractions Pref. 23/-
Industriais
Malabon Sugars $8.40 n. Cald., Macg. (Ord) Sh$191⁄2 - Cald., Mecg. (Pre) Sh$15 n. Canton Ices $134 1 Cements $10.10 83. H.K. Ropes $4.40 b.
BOOM
important political organisations.
Trans-Ocean Service.
RAW RUBBER PRICES
LORD PRESIDENT'S ILLNESS
Very Good Progress Made
London, To-day.
The Lord President
By Order of the Board.
F. C. BARRY.
Secretary.
Hong Kong, 16th April, 1936.
THE HONG KONG & SHANGHAL HOTELS, LIMITED
TOTICE IS HEREBY GIVEN
MEETING of The
NEXTRAORDINARY
of the GENERAL
Latest Quotations From Council, Mr. Ramsay MacDonald, Hong Kong & Shanghai Hotels.. left the nursing home which he Limited, will be held at the Second. entered for a minor operation a Floor, Exchange Building, Dez Singapore Messrs. H. B. Joseph and Co. fortnight ago, and went direct to Voeux Road, Central, Victoria in
the received
following yesterday morning's meeting of the Colony of Hong Kong on WED- hare
Straits currency the Cabinet. It is understood that NESDAY, the 27th day of May, from Singapore for Raw Rubber. he was made very good progress, 1936, at 11.30 o'clock in the fore-
Buyers
quotations in
Spot....
May/June
July/Sept. Oct/Dec.
and, after spending a few days in noon (immediately after the close the country to recuperate, hopes to of the Ordinary Yearly Meeting 26% Up % resume his Parliamentary duties of the Company), for the purpose early next week-British Wireless of considering, and, if thought fit, passing the subjoined Resolution. Service.
as a Special Resolution.
-26% Up
.27% Up
..27% Up
Market:-Uncertain.
Stores, etc. Dairy Farms $20 n. Watsons $2.80 b. Lane, Crawfords $634
Mackintoshs $5. Sinceres $2
Wm. Powells 50 cts. z. Wing On (HK) $50 n.
Miscellaneous
Entertainments $2.90 ne
S. C. Enterprises $1.85 m. Macao "Greyhounds” $2 n Constrictions (old) $1 Constructions (new) 35 eta, si
་་ Vibro Piling 34 2. Ch. Gost. 5% 1925 GIBL
9334% n
HR. Govt. 4% Loan 5% prem.
b.
HK. Govt. 34% Loan par. b. Wallace Harpers $4 n
To-morrow.
ON THE WAY)
BACK
PIPPERMINT
GET
always
delicious with
crushed ice
"You Asked For It.”
iced water
GET FRERES REVEL (Garonove) FRANCE
BODM
BOOM
That the Capital of the Com- pany be Reduced from $15,000,- 1000.00 divided into 1,500,000
shares of $10.00 each to $11,250,-- 1000.00
divided into 1,500,000 Shares of $7.50 each, and that anch reduction be effected by can- celling Capital which has been." lost, or is unrepresented by avail- able assets, to the extent of $2.50 per Share upon each of the 1,193,-- 867 Shares of the Company which have been issued, and by reducing the nominal amount of all the Shares in the Company's CapitalTM from $10.00 to $7.50 per Share.
Dated this 24th day of April, 1936,
By Order of the Board,
F. C. BARRY,
Secretary.
HONG KONG $ DIRECTORY
1936 ISSUE
www
NOW
ON SALE
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