BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Anchorised Capital
$30,000,000 Laced and r day-Paid-up 20,000,000| Berve Fids.-
Sterling...£ 6,500.000 Bong Kong Currenty
Reserve...$20,000,000
Reserve Liability of Pro-
prietors
BEAD OFFICE: HONG KONG.
BOARD OF DIRECTORS Hon. Mr. J. J. Paterson Charte
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA incorporated by Royal Charter, 1853 HEAD OFFICE: LONDON
| Paid-up Capital
Baserve Fund
THE CHINA MAIL, TUESDAY, MAY 12, 1936
Commerce and Finance
3,000,000 SUPPLEMENTARY SHARE MARKET
.ES,000,000 Reserve Liability of Pro-
prietors
.......£3,000,000 Agencies and Branches:
Bangón baigos Sepahing
.$20,000,000
aloe Sur
Haile
Acaria
Pagkak
Manol
Bey
Know
Cheeta
Casson
Carragee
C
New York Poping
G. Miskin Esq.
Deputy Chairman
Hon Mr. W.H. Bell, J... Masson Esq., Colombe AH, Compton Esq., T. E. Pearce Saq. Euphone Hon. Mr. S. H. Dodwell,
Bumburg
naion Plammer Esq. MT. Johnson Esq. AL. Strelds Esq.; Hour Long
BATAVIA
Fair CIT
V. M. Grayburg, Esq. Chuet Mag.
CASTUM CHEFU QULAYBO DAIBAN
POUL HOTE KARHUNG HAMBURG HANXOW
HARMIN
HJSUXXW
BB4SCHES
LIVE
FORORX
AUJR
KUALA LUMPER
SULOGN
LONDON
LAN MALACCA
MANILA
MLAR QINÚ
MUEDES
NEW YORK
PLIPINO
PASANG
RANGON
DAN FRANCISCO
SHANBA
SINGAPURE
SUCHABAYA
SUNGE PATANI
TIENTSIN
Iva
INNUTAU
TOKOULMA
Current Adonate opened to Loan Currency and Paul Depende omvat for one year or storier
da in Loons Currency sad Sarung of socie
grana wild be grocal or appúðaóì.
and up
SAFE DEPUart BOXES i
SOSING A TU LET,
Hong Kanz, 4th February, 1936.
HONG KONG SAVINGS BANK
The Bues of the shows tans is conduct w Ay the HONG KONG AND ➡HANGHA MANDING CURPURATION.
Home Stay D
GLEN OH AND SHANGHAI
FOR HE
BASKING CORPORATION,
V. MUKAYзUAN,
Chaal Maang
Hong Kong, 24th February, 1936.
THE BANK OF EAST ASIA, LTD.
Laborand Capita
Ampacte and Cadenced P702
น
Smals Lampar Fucking
Xudan
phangha Singaporn SKELTER Sourabaya Taping
За п
Joogak
نسايموت
EXPENDITURE
Damage To Piers For Vehicular Ferry
FINANCE ITEMS TO BE SUBMITTED
His Excellency the Governor, Mam Sir Andrew Caldecott, will sub- Forsiga dizoleage and Geoersi Beaking beslomit the following items of sup- Verrent Accosse open and Find Depositplementary expenditure to the Committee. of the moved for dos yuse, or shorise persoda a este Finance who will be quoted on applicatiMD.
A. BREARLEY, Legislative Council to-morrow: (1) A revote from the ua- expended balance on the 1935 vote for the building of Wan- chai Market, $75,000;
Manager.
Hong Kong, 1st January, 1935.
THE AMERICAN EXPRESS COMPANY, INC.
Incorporated with Zimused Liability in USA.
Head Office:--65, Broadway, New York
Capital Surplus
Beserves
Autwar
Ден
الطلعة
Busin Barlas
(2) For the acquisition of raluable sites at Mount Kellett, purchase by auction, $2,284:
new
(3) To complete the Police Launch No. 1, 41,800: .U.S.$6,000,000.00
(4) A revote of for a new 2,133,633.00
870,731.00 motor-ambulance for the Fire
Brigade, $8,500:
BRANCHES:
Gianna Lilasgow The Ungro
Цатына Bamburg HATTY Sudalberg igeria
Matrix Men Kin Neprom Preus
(5) Purchase of a 26 h.p. Chevrolet Van for the Volun- teer Defence Corps in accor- dance with the policy of carry- ing out mechanisation of the Machine-gun Troop. $1,650;
m
Beszen Brumala
Laing
Calorie
Candel Colombe Copenhage
Edininirah Floramos
Dub
لك والرجول
Leados
Lucerne Lauga LuLor Karmaline Koni Cario
Muntin Maak
Papag Rotterdam Bobe shangha Bounampo
ungspor
Vanza Vadios Yukokuuza Zurich
Branches of American Express Company in Principal cities of United $20,000,000.00! States of America and Canada. .8 %,506,405.00! 1,566,304.69 )
HEAD OFFICE HONG KONG.
Ja, One You Ca
BOARD OF DIRECTORS:
but i was Chew, ChaZELNIL.
All classes of Commercial Banking Transactions undertaken.
Personal investment accounts hand-
Bouled.
Shes Eas.. P. K. K❤ Bajas, Jun Tong, By. Chan Ching bien. Enqu Bug, Eng. Tung Chu Sea, Eng. and Kao Ying
-Bay Tung Po Eat Chu Manger
BALETA
Bombay
Choo
Managw.
BRANCHES AND AGENCIES:-
Mecours
New York
عماره
The Piping
ל
Shangha
Source
FALTOGE
Ny Siamy
Hooks
Tataka
Kam
Bang200
Tingtin
Tanjo
San Frmaciace
Vancouver
Toron London
Every "denir.place of Inchua and Zxchange Lones graced sa approved
BLAC
Master Justin
(6) Maintenance of Vehicles Ferry Pier at Jubilee Street and at Jordan Road, $10,000 each;
(*) Cast of work in hand in building of Trade School, Wood Road, Wanchai, $32.000;
(3) Equipment and upkeep of arms for Volunteer Defence. Corps, $3,000;
.(9) Uniforms, including boots, for Volunteer Defence Corps, $3,000.
Items Nos. 2, 5, 8 and 9 are The Company offers to intending to be met from savings under Travellers the use of its "Travellers the various sub-heads, and in Cheques" and Letters of Credit and connection with Item No. 6 it is) in addition, the world-wide services
of its thoroughly equipped Travel stated:---
| Department.
C. E. BENSON,
General Manager.
THE CHINA & SOUTH SEA BANK, LIMITED
(Incorporated in China) Head Offer Shanghai
CLUBE $nte and Frand Expante
apead is Local Curry
recured for your
G
Capital
Reserve
China
mod Faces Currencies terte winst will be qeround CHE NOBLOK, Sais Deposit burn To th
KAN TONG PO.
Chisel Mounger.
$7,500,000.00
$1,500,000.00
Branches-All Important Cities in
Grenached.
Damage has been caused to the piers at Jubilee Street and Jordan Road by vessels of the Lessee, the Hong Kong and Yaumati Ferry Co. at intervals since the commencement of the vehicular ferry service.
1:
day:-
Banks
DEFICIT IN US. BUDGET
Huge Appropriations
Approved
NEW YORK STOCK
MARKET
Continued Drift Expected
Washington. To-day PRICES AGAIN MOVE LOWER
The House of Representatives
yesterday approved the 32.364- Messrs. White. Weld and Com- 000,000 Budget Deficiency Billjpany, New York Correspondents
RADIO
TO-DAY'S PROGRAMME
The following programme will the TO-DAY'S QUOTATIONS The following was the list of providing for the appropriation of for Messrs. 5. E. Levy and Combe broadcast to-day from
Hong Kong Broadcasting Station New Deal system of unemploy- "Stocks:-We expect continued ZEW. on a wavelength of $55 local share quotations issued to $1.425,000,000 for continuing the pany, report:
ment relief. The measures in-drifting markets which will be metres, (845 EC's). clude the provision of $308,000,-vulnerable to bad news and meet-11 pm-European Programme.
4-7 pan-Chinese Programma e.. 1000 for the maintenance' of $50,-jing with strong resistance on any 1000 youths in over 2,000 conserva-rallies. Prices to-day again mor- Orchestra.
tion camps, and $455,000,000 forled lower, especially industrial is-Ballet Egyptien-Suite (Luirini). starting a social security plan.
ques. The volume of trading. Entr'acte Gavotte ("Misson")
Mennett (Beethoven).
H.K. Bank $1,555 za... H.K Bank (London) £105 . Chartered Bank 5144 n. Mercantile Bank A. and
£30. Mercantile Rank C. 13 .. Bank of East Asia $75 a. Insuranor Canton Ins. $275 n. Union Ins. $5274 1 China Underwriters $ . China Fire Ins. $480.. H.K. Fire Ins. $250 2. International Assce. Sh$3 n. Shipping
Douglases $36 . HK Steamboats $4 r. Indo-Chinas (Pref.), $30 m Indo-Chinas (Def.) $20 n. Shell (Bearer) 96/4% n Union Waterboats $12.20 n.
Mining Antameks $2.49 b., $234 sa. Balatos $21. Baguio Gold 28 ets. n.. Benguet Consolidated $18% Benguet Exploration 20 cts. b. Big Wedge 29 cts. n.
Reuter.
U.S. MONETARY POLICY
Working Agreement With China?
Washington. To-day.
however, was
extremely light.
7pm-Marek
(Thomas).
Weber
and
Business done:-550.000 shares Village Swallows from Austria
"Theat:-The Government es-
(J. Strauss).
timate of the winter crop is con- The Squirrel Dance (Smith). sidered a bullish factor. It is The Nightingale's Morning Greeting
(Reckterwald)
lower than had been anticipated.
1.30 p.m.-A Violin
We would take advantage of good Fritz Kreisler. advances in order to sell. Total |sales:-17,604,000 bushels.
"Cotton:-We expect heavy and The Sino-American monetary very benefcial rains in the North discussion is understood to West and also the Western Belt have been completed or to be in Rains are needed on the Atlantie its final stages. Some working coast We expect a premium in agreement on monetary affairs October wheat over distant op- is believed to have been reach-tions.
ed, but Mr. Henry A. Morgen- "Flash: Steel mill operations thau. Secretary of the Trea-for the past week are estimated at sury, indicated that the terms 69.1 per cent of capacity. may be kept secret.
Later the White House ar-
bounced that the conference on | COMMODITY PRICES
between The following quotations have Demonstration 30 cts. b., 79 eta Mr. Morgenthau and the Chin-been received by Beuter.
Gold Creek 15 cts. n. Gold River 3 cts. n.
Itogons $1.20 b.
LXL. $1. Salacots 11 cts. n. Kailing Mining Ad. 11/- b. Langkats (Single) Sh$10 a Masbate 77 cts. b. S'hai Exploration Sh.$41⁄2 m Shanghai Loans Sh.$4 n. Raubs $11.20 m. San Maurice $12.
United Paracale 80 cts. b., 78:
cts, sa.
Venz: Goldfeld $4 b.
Docks, etc.
HK and K. Wharves $90 sa. H.K. and W. Docks 39 TL Pravidents (old) $1.20 3. Providents (New) 20 cts. n. Hong Kew Sh$185
New Engineering Sh.$4 m. Shanghai Docks Sh.$100 n.
Cotton Milis
Ewo Cottons Sh$84 b. Shanghai Cottons (old) Sh474
b.
a
The cost of making good the damage has been met from a Suspense Account pending settlement of claims made ou the company.
negotia- After protracted
Foreign Exchange and General Banking Botions it has been agreed to Current and Saving dononte opened and Fixed accept a sum of $11,600 (each THE YOKOHAMA SPECIE BANK Deposits received for one year of short periods on account of the two piers),
LIMITED
Established 1850
Capital (fall paid-up) Yen 100,000,000
Reserve Fund
.Yen.129,150,000
Head Office: YOKOHAMA Branches and Agencies at
Nagasaki Negoys New York Osaka.
Alexandria
Batavia
Berlin
Bombay
Calcutta
Canton
Paris Peiping Dairen (Daisy) Rangoon Fengtien (Mukden) Rio de Janeiro San Francisco Flamberk
*Seattle
Semarang Shanghai Singapore
Harbin
-Kobe
London
Los Angeles
Manila
Moji
Sourabaya Sydney Tientsin
Tokyo
Tsingtan
Yingkow
Interest allowed for Current Ac- counts.
Deposits received for fixed periods
at rates to be obtained on applica-
tion
Manager.
G. KISHINAMI,
Hong Kong. 10th March, 1936.-
sia which will be quoted_on_application.
NOU Z. CHANG.
Yanager.
HONG KONG BRANCH:
Manager's Of
TAL, 23360 $3566
3. Der Vor Bood. Central,
Foreign Exchange Deplu maran Grumeni. Offer
Conver's Qara
$6,700 of which will be credited ito
Account Advance
for to damages caused Jubilee Street and Jordon Road Piers. essen full settlement of all claims for damage done by the com- pany's vessels to the piers used by it to February 29, 1936.
vote is A supplementary therefore required to liquidate the Suspense Account and to meet the estimated cost of maintenance to the end of the year.
THE WING ON BANK, LTD.
Head Office: Hong Kong
25. Der Voeux Road Central Authorized Capital $10,500,000 LONDON BANKERS:— Westminster Bank, Led Foreign Exchange and every des- 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 With Quick Service
THE NEWSPAPER ENTERPRISE LTD.
SIKA KAN. ULON,
THE
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)
...$5,000,000. Capital paid up Reserves
.$7,300,000. Capital Savings Dept $500,000. Reserve Savings Dept. $600.000. Read-Once-Shanghai
A Bank having as its mission the industrial development o Chins and the fostering of her commercial relations abroad. Hong Kong Office.
6, Queen's Road Central" Phone 31116.
Shanghai Cottons (new) Sh.-]
$39 b. Zoong Sings Sh$12 a. Wing On Textiles Sh.$25 a.
Lands, Hotels, etc. H.K. and S. Hotel $4.65 m. H.K. Lands $311⁄21⁄2 sz HK. Lands
49% Debentures
100% b. Shanghai Lands Sh.$15 a
Metropolitan Lands Sh. $10 Humphreys $8%1⁄2 b., $81⁄2 sa.
HK. Realties $5 - Chinese Estates $82 n. China Realtes Sh.44 m. China Debentures Sh$60 a
Public Utilities
H.K. Tramways $11.10 b. Peak Trams (old) $7 n. Peak Trams (new) $ 1. Star Ferries $381⁄2 n Yanmati Ferries $19 1
C. Lights (old) $10.60 b., $10-
65 ka.
C. Lights (new) $7.35 b. H.K. Electrics $51 sa Macao Electrics $20 n. Sandakan Lights $8.30 n. Telephones (old) $25 b. Telephones (new) $9 n. China Buses Sh.$111⁄4 m. Singapore Tractions 23/- b. Singapore Tractions Pref. 28/
I.
Industrials
Malabon Sugars $8.40 n. Cald., Macg. (Ord) Sh$19 D Cald, Mecg. (Pref.) Sh.$15 n.
AHOY!
POPEYE.
"The Ghost Walks."
WHAT THE HECK IS THIS, A ONEMAN MUTINY? IT'S A GOOD THING I KILLED HIM: HE MIGHTA GOT ME AND THE
SKIPPER:
DERND IF HE DIDNT
KNOCK OUT THE
WHOLE CREW AND STOW EM IN A
LIFEBOAT
TWEET
IYAM NOT
To-morrow.
TWEET
WHAT THE GOXX!! AIN'T YOU
DEAD?
silver matters scheduled for yesterday afternoon
ese
Chi lese Ambassador and bankers had been postponed.— Reuter.
Silver Prices Rise
20 7/16.
Recital by
1. A May Breeze (Mendelssohn, art,
Kreisler).
2. Londonderry Air (arr. Kreisler). 3. Polichinelle Serenade" (Kreisler),
4. Dance of the Marionette
(Winternitz).
7.45 pm.Songs
Crooks (Tenor).
I
by Richard
The Merry Widow-I Love 503 so (Lehar).
2. Killarney (Balfe).
3. Only my Song (Lebar). 4. Tell me to-night (Spoliansky).
PML-Local:
3
Time
Signal, Weather Report, Stock Quotations and Announcements.
8.03 pm. From the Studio. A Jazz Piano Recital of request numbers by Doreen Mn.
3.25 pm-"Sea Shanties" sang by the Royal Naval Singers.
Prev. Yesterday | 8.30 p.m.-' Relay from Daren- Closing ClosingStarlight" No. 2 Interviews with
LOCAL DOLLAR STEADY
New York Cotton:--- May
July
October .. December
January
March
The local opening on demand this morning
MayTM at 1/39%d
July "Spor" silver advanced to 20% while "forward" rose
Spot dollar is steady, New York Eubber:-
11.60 11.58 11.25 11.26 10.29 10.27 10.30 10.29 10.31m 10.29 10.33 10.31 11.65
11.63
15.291 15.23 15.43 15.34
September to October
15.52 15-45b
December January
15.62
15.55 15.5$
15.74
* 15.64b
94
93.%
8634
85%
85%
84%
Chicago Com
July
613%
60%
RAW RUBBER PRICES September
50%
58%
Winnipeg Wheat:- May
7734
Closed
78%
79%
The London on New York cross- rate was quoted at S-U.S.$4.96% March
as compared with US$4.984 Chicago Wheat while the New York on London May cross-rate was quoted at £-U.S.-J $4.964. "as compared with September
U.S.$4.93.
Latest Quotations From July
Singapore
Messrs. B. Joseph and Co. have received the following quo- tations in Straits currency from Singapore for Raw Rubber.
Spot
July/Sept.
Oct/Dec.
Jan./March
Buyers. .2$
Down .25% Down 4 .25% Down 4
.26 Down
Market:Uncertain.
Canton Ices $134 n. Cements $10 n. H.K. Ropes $4.40 z. Stores, etc Dairy Farms $19 b. Watsons $3.35 b. Lane, Crawfords $634 n.
Mackintoshs $5 Sinceres $1.80 a. W Powells 50 cts. Wing On (HK) $50 n
Miscellaneous Entertainments $2.90 n. S. C. Enterprises $1.35 1. Macao "Greyhounds” $2 n Constructions (old) $1% L Constructions (new) 30 cts. b. Vibro Piling $4 n.
Ch. Gort 5% 1925 G$Bds.
933% 2.
-
October
UNEMPLOYMENT IN BRITAIN
Further Improvement
Shown
London, To-day.
Most of the principal industries showed a further improvement in employment during last month. The exceptions were
worsted mining, woollens, hosiery. The Labour Min-
coal- and
people and
celebrated
excerpts
No. 2 Jose musical
famous stage from their repertoires. Collins
(the comedy actress).
8.50 pm-Gipsy Melodies.” 9 p.m.-A Relay of the Daventry News Bulletin (Copyright by Renter) and Announcements
9.20 p.m--Military Band Concert Grenadier Da Cauense (Meister); Entry of the Gladiators (Frick). Le Reve Passe (Helmer): Officer of
the Day (Hall).
Song-
The Fairy Tales of Ireland
(Eric Coates)
Essie Ackland.
Air Varie sur un theme suisse
(Mohr).
Garde Republicaine Band of France. Pianoforte Solo-
Granada-Serenade (Albeniz)
Air de Ballet; Callisbe (Chaminade)
The Band of HM Coldstreamz
Song-
Ricardo Vines.
Guards.
#
Danny Deever (Damrosch)
Malcolm McEachern and Male
Chorus.
Blue Devils-March (Williams) Stars and Stripes---March (Sousa)
Massed Band of the Aldershot
Command.
Cymbalum Solo-
Waltz No. 1 in E flat
Elec, Racz.
10 p.m.Big Ben from Daventry: Dance Music.
11 pm-Close Dowa
UNEMPLOYMENT
IN GERMANY.
FURTHER DROP REPORTED
“CHINA MAIL" SPECIAL
Berlin, To-day. The campaign against uzе**--
Jistry estimates that at April 27 there were approximately 10,712,- 1000 insured persons in employ-ployment is being continued with. ment in Great Britain -- $2,000 renewed vigour after the termin- more than a month ago and 371ation of the winter relief work. 000 more than a year ago.. The The figures now published show numbers of unemployed persons that the winter unemployment on registers were 1,831,230, com-rise has agafe been eliminated, prising 1,498,579 wholly unemploy-(there now being only 1,763,074 The lowest figure at ed, 247,272 temporarily laid off and workless. 85.379 normally in casual employ-tained was in August, when it was
50,301 less 1,706,000-Trans-Ocean Service. ment. The total was than at March 23 'and 213,200 less than April 15, 1935.
The total of unemployed boys and girls increased by 12,666 be-i
March 23 and April 27, owing to the registration of who left scbool at Easter-British Wireless Service.
H.K. Govt. 4% Loan 5% prem. tween
b.
H.K. Govt. 31⁄2 Loan par. b, juveniles Wallace Harpers $4 n-
"The Captain And The Crew."
TWO POINTS
NORT BY NORT WES' TWEET-NORT EAS*
SOUT (WES' TWEET SPINACH
·FOR THE
ALL OF
US
MO!
RELIABLE PRINTING
no order 100 smäll
THE NEWSPAPER EXTERPRISE LIS
SA SYRNAR ST.
HONG KONG $ DIRECTORY 1936 ISSUE
NOW
ON SALE
THE NEWSPAPER ENTERPRISE LTD.
3A, Wyndham St
Tel 20022