BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA
......$50,000,000 Incorporated by Royal Charter, 1853 Authorised Capital
and Fully-Paid-up 20,000,000 Laased Reserva Finds:-
Scling.£4,500,000 Hong Kong Currency
Reserve....$10,000,000
Lesers Liability of Pro-
pristora
SEAD OFFICE: HONG KONG.
BOARD OF DIRECTORS
Bengkok Batavia
HEAD OFFICE: LONDON
منجزة
Paid-up Capital Reserve Fund
Eeserve Liability of Pro-
$20,000,000)
prietors
-£3,000,000 .£3,000,000
£3,000,000
Alor Se
Agencies and Branches:
Bango
Amritone
1 pa
Xabi
Bergenber
Bombay
Kobe
Colouka Carton
Auching
Caba
Des
Hankom
Barbe
Long Long
Eon M. J. J. Paterson. Chaberna
G. Miskin Esq.,
Deputy Chairman
K. Mr. W. Bell, JR. Masson Esq AH, Compton Esq, T. E. Parce Esq.
Hon. Mr. S. H. Dodwell,
J. A. Plummer Esq.
MT. Johnson Esq., AL Shields EMG V. M. Grayburn, Esq.
MOT KANOLOX
BATAVIA
BOMBAY
CANTON
CHEFOO COLOMBO DALEEN
FOOCHOW BAIPHONG KAMECHO
HANKOW
FARKIN
HONGKYW
Chief ManagƏ...
BRANCHENDON
1208
LUBS
ZUWLOON
KUALA LUMPta
LYONS
MUAB (Jobore) MUKDEN
NEW YORK
PELPING PENANG
KANGOOS
BAN FRANCISCO
SHANGHAI
SINGAPURE
SOURABAYA
ENGEI PATAC TIENTSIN
TOKYO
TSINGTAO
YONOHAKA
Darrena kosousta epased in Losal: Ouerer and
Hamheng Habar
Kuala Lump
Maiza
Shangha
Singapore
EXEAN INDAY
Imping
New York
THE CHINA MAIL, TUESDAY, MAY 26, 1936
Commerce and Finance
NEW YORK STOCK MARKET Purchases On Wheat Breaks
COTTON-MARKET FIRM
Messrs. White, Weld and Com- pany, New York Correspondents for Messrs. S. E. Levy and Com pany, report:
Khuket) Poping.
Peding)
Takogata Ing
Zambong
"Stocks:-Since the 152-153 le- Formiga Azokanye and General Banking burian Current accounts opened and Fixed Deposite red for you, shorter pucsoda vel has been the resistance point, we are inclined to take some trad- Business which will a quoted on uppikonisom,
Manager.ing profits in this area.
A. BRBARLEY,
Hong Kong, ist January, 1935.
THE
done:-690,000 shares.
"Whest:-We expect a trading market in distant months. We
AMERICAN EXPRESS COMPANY, would advise purchases on breaks
INC.
Incorporated with Limited Liability in C.BA སྐ:.
Head Office:$5, Broadway, New York
Capital
Surpina
Bad Depoutsa zvonkreč far one or shorter | "Reserves soda Lovel Omeracy and Staring on here
will be read on applet BOXES
تلفة علية و الله الحليلة
Hong Kong, 24th February, 1936.
HONG KONG SAVINGS BANK
The Business of the shore Book is act BUNG KONG AND SHANGHAI
MANÍING CORPORATION.
„U.S.$5,000,000,00 2,183,633.00 870,731.00
BEANCHES-
Antren
Com
The Hague
Banke
Berlin Bombay
Auryna Baby Havie Bailaiberg
Jerande
Liverpool
Moniqu
Xion
to Naplan
Paipung Bertarata Borse
Shanghai
Southampton
Berman
Brands
Cairs
London
Calouste
Bales may be
С
Gingapore
Colombo
buted on application.
Copenhagen Deblis Edinburgh
*****ecklis Virs.ca
Maveling
Casu
Monte Carlo
Yokohama
Mapila
Zurick
Munich
FOR THE HONG KONG AND SILANOKAI
SANKING CORPORATION.
M. GRAYSCEN,
Hong Kong, 24th February, 1936.
Floren Gemats
Lagabo Luise
Branches of American Express
THE BANK OF EAST ASIA, LTD. Company in Principal cities of United
Aatherwank Capise @-10,000 X16.06 Pauling Cap
States of America and Canada.
All classes of Commercial Banking
re and Undivided Prodima 1,586,806.03 Transactions undertaken.
HEAD OFFICE-HONG KONG.
10, D Va Boad, Central
BOARD OF DIRECTORS:-
bet Shou- Chow, Chairman,
14 Som Can, Esq. P. & Ewok, Eng. Wou Ian Tong. Eg Chas Chung Bhak, Eau Ll Lo Sang, F. Wong Chu bon, Esq. and San Xing
Kan Tung Po. Eng... Chia! MaangF
Le Twe do En Manager.
ERANCHES AND AGENCIES:-
Maria Malbourne
مطمين
bethwang
my Cutoutin Caption
Nagmali
New York
Sangapore Surabaya
Haphing
Perping
Bis
PRIE
Hango
Kowloon
Loadia
San Franciao
Sydney Tachoka Teateid Tokyo
lokadams
E404
Erecy Sewerlyism of Banking and Exchange Bela Cranking Le grated co' approved QBCL710.
Custos Accounts opened in Local Currency
short periods "in
led
The South- and sales on bulges West has received some beneficial rains, but moisture is needed in
Total sales the North-West. 16,239,000 bushels.
is firma.
"Cotton:-The market There have been some heavy gen. eral rains in Texas, which are The excessive. considered drought in the Eastern Belt con- tinues.
as
"Flash: Steel mill activity der- ling the past week is estimated at 67.9 per cent of capacity as com- pared with 69.4 per cent the pre- vious week.
LOCAL DOLLAR STEADY
Silver Prices Rise
The local dollar is steady, open-1
this morning demand ing on
Personal investment accounts hand-jat 1/3-7/16d.
The Company offers to intending Travellers the use of its "Travellers Chegues" and Letters of Credit and,
in
"Spot"
silver rose 1/16 to: rose ! 20-1/16 while "forward" to 20%.
The London on New York cross- addition, the world-wide services rate was quoted at £-U.S$198.
of its thoroughly equipped Travel as compared with US$4.971⁄2 Department
while the New York on London
was quoted at S cross-rate U.S.$4.98 as compared with 5- U.S.$4.97.
C. H. BENSON,
General Manager.
THE CHINA & SOUTH SEA BANK,
LIMITED
(Incorporated in China) Head Office-Shanghai
Capital
ad For CTWO
or
and Fixed Depoca and Foreign es terme which will be quoted on applicatio
wels Depours Boam To Lo
KAN ZONG PO.
Chin Manager.
THE YOKOHAMA SPECIE BANK
LIMITED
Established 1880
Yen 129,150,000
Capital (full paid-up) Yen.100,000,000 Beserve Fund
Head Office: YOKOHAMA Branches and Agencies at Alexandria
Batavia
Berlin
Bombay
Calcutta
Canton
Dairen (Dainy)
Nagasaki Nagoya New York
Osaka
Paria
Peiping Bangoon
Fengtien (Mukden) Rio de eneiro
Bamburg
Bankow
rbin
Kont
Karachi Kobe
London Los Angeles
Menila
Hoji
San Francisco
Seattle
Semarang
Shanghai
Singapore Sonrabaya Sydney Tientsin
Tokyo Tsingtau
Yingkow
Interest allowed for Current AC-: counts.
Deposits received for fixed periods
at rates to be obtained on applica
tion.
G. KISHINAMI.
Manager.
Hong Kong, 10th March, 1936,
POPEYE.
SOME OF ME SOLJERS ET A LOT OF SPINACH. SO NOW PLL TALK A SPEECH AT 'EM AN' MAKE EM PATRIONOTIC
*
Peserve
$7,500,000.00
$1,600,000.00
Branches-All Important Cities in
Chins Foreign bange and General Banking Bualoma
· transacted.
Decreas and Serving Accounts opened and Fizad „Deposit received for con year or shorter periods at ashes which will be quoted_a_applimation.
BOU 2. CHANG,
HONG KONG BRANCH: 36. Das Voux Bowd. Coral Mesa 020 Forms Exobaogy Dep
Cabine's fios van plant wed
Managua
Tel. 83568
2500
THE WING ON BANK, LTD.
Head Office: Hong Kong 26, Des Voeux Road Central Authorised Capital $10,000,000
GERMAN-IRISH TRADE
New Agreement Now Concluded
have
"CHINA MAIL" SPECIAL
Dublin. To-day. The negotiations which been proceeding between Germany and Ireland since February to ef fect an exchange of goods between the two countries are nearly con- cluded. The salient points of the trade agreement are set forth, and and await only, official sanction
agreement signature. The new extends the one at present in force of 3.1 (present the ratio for a considerable period, but al- basis) to 2.1.-Trans-Ocean News
ters
LONDON BANKERS:- Westminster Bank, Ltd. Foreign Exchange and every des-Service. cripton of banking businem transact-
ed.
Current Accounts and Savings Åt- Fixed Deposits re counts opened. ceived at zates which will be quoted on_application.
Trusteeship & Executorship under- taken. Safe Deposit Boxes for hire.
PHILIP GOCK CHIN
Chief Manager.
Bring Your ́ PRINTING Problems to Us
THE NEWSPAPER ENTERPRISE LYEN
OKNA BAR 136.
SA SVIRKAN KT:
The Home Guard.”
DEAR SOLJERS-YA ET SPINACH AN YA GOT, STRENGT AN VITALIKY-50 NOW WHAT I WANTS. YA TO DO IS
FIGHT!
FIGHT!
FIGHT
THE
·SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China) Capital paid up....$5,000,000. $7,500,000. Reserves Capital Savings Dept. $500,000. Beserve Savings Dept. $600,000. Head-Ofice Shanghai
A Bank having as its mission the industrial development on the fostering of her and China commercial relations abroad. Hong Kong Office
SOCK
6, Queen's Road Central
Phone 31116.
WHY,
YOU
SHARE MARKET
TO-DAY QUOTATIONS
The following was the list of local share quotations issued to- day*
Banks
H.K. Bank $1.565 b.. $1,56732 HK. Bank (London) 105 Chartered Bank £14. Mercantile Bank A. and
£301⁄2 Mercantile Bank C. 13 n. Bank of East Asia $75 .
Insurances Canton Ins. $263 n. .. Union Ins. $502 b.
Chins Underwriters $1 m. China Fire Ins. $462 n. H.K. Fire Ins. $250 - International Assce. Sh.$3
Shipping
Douglases $36 ¤.
LIFE
i
ASSURANCE
FUND RECORD
CHINA UNDERWRITERS
LIMITED MEETING
CALL ON SHAREHOLDERS
NEW ADVERTISEMENTS
NOTICE
HONG KONG TRAMWAYS
LIMITED
ALTERATION OF FARES
Commencing 1st June until further notice, FARES 'will
1536,
3rd Class
3 ctit
1st In his speech at the annual general meeting, held yesterday, be as follows:-
Class of the China Underwriters Ltd., the Chairman, Mr. C. A. da Roza, referred to the fact that the Life Assurance Fund showed on Kennedy Town or.
Whitty Stavet Cars 6 eta. an increase. after carrying exchange proât to reserve, from $200,596 to $336,427, which was the largest increase in the Life On Causeway Bay or Assurance Fund which the company bad yet shown.
Happy Valley Cars 6 cts. 3 eta.
Market and Shaukiwan Cars 10 cts. 5 ch.
Western Marke:
Quarry
Reference was also made to the call on the company's shares, On Western made recently. Payments made amounted to $250,350, leaving a small balance of $5,650 still outstanding, but arrangements for the payment of this amount had for the most part already been made at the time of the meeting.
Those present at the meeting,
were:
On
and
Cars
On Shaukiwa
Bay and Western
Bay
10 cm. 3 chân Cars between Causeway ·
as
Between Bay
and
"The Expenses, excluding com- are reduced in both Messrs. C. A. da Roza missions. (Chairman), H. R. Sturt (Man-Gold and Silver, being £6,$76, aging director). R A. Rastur, compared with £8,729 in 1934 and Li Tse-fong and I. W. Shewan £11.504 in 1933. Silver expenses Sailors and Soldiers (Directors), E. R Childe at $108,945 compare with $122,805 n (Secretary), E. Dreyer, F. Gin 1984 and $134,245 in
Barros, H. J. M. de Figuieredo. Further
Market or vice versa 10 cts. 5 cts,
Causeway QURITY Bay Shaukiwan 10 et 5 ctato
in Uniform AI 1953. routes
5 cts
under 12. years of age-All routes ........................... MONTHLY
expenses Children reductions in H. A. de Figuieredo. C. H.will be operative during the cur Basto,
E. Leitao, Chan Shiu-rent year. Itsun, W. J. Carroll, Chan Nai-!
**An exchange profit arises!
5 cts TICKETS-AvaiÏTMTMTMTM
pan, Wong Tat-choy and Y. N. from conversion of the Gold por-able on All Cars at All times-$6.
tion of the Life Assurance Fund per month. Lee (Shareholders).
at the beginning of the year at
Chairman Speech
CASH TICKETS Books of (3
H.K. Steamboats $4 D. Indo-Chinas (Pref.), $80 m Indo-Chinas (Def.) $20 D.. Shells (Bearer) 100/-. Union Waterboats $12.20 1.
Mining
whole of this, amounting to $197,-jat the Company's Office. Antamoks $2.77 b. $2.76/2.36 Chariman said: '
"Notwithstanding the
steps 648, has been carried to the Ex- Hons change and Investment Fluctua- Chinese and taken by the
intion Account in the Balance Sheet. Kong Governments last year -the direction of stabilisation of ex- The Life Assurance Fund shows an change, we have thought it advis-increase, after carrying this ex-
from able, in view of our long-term change profit to reserve,
In his review of the year, the the new rate of exchange; but the cent) and (5 cent) Tickets on Sale
sa.
Balatoes $21% 11.
Baguio Gold 27 cts. n.
Benguet Consolidated $18.60 Benguet Exploration 25 cts. Big Wedge 35 cts. Demonstration 97 cts. D.,
cts./$1 sa.
b.
.
Gold Creek 15 ets. n. Northerns 344 ets/351⁄2
Itogons $1.28 2. LIL $1 b.
Salacots 14 cts. n. Kailan Mining Ad. 19/- n. Langkats (Single) Sh.$10 n. Masbate 85 ct..
F. E. GLOVER, Acting General Manager. Hong Kong, 26th May, 1936.
98 commitments, to keep our business $200.596 to $336,427, which is the PUBLIC AUCTIONS
in the currencies of China Hong Kong, separate from cts/business in other currencies
lated to Gold and/or Sterling.
and largest increase in the Life Assur-
our ance Fund which we have yet re-shown.
.
Fire Insurance
THE Undersigned have received
Tasanctions from Mr. D. L
King to sell by Public Auction
On
Friday, the 29th May, 1936 commencing at 10.00 a.m.
(Mountain View)
"I will as previously, refer to "In the Fire Insurance Depart- our Chinese and Hong Kong Dol-ment. Premiums received, at $106,- 376, show an increase over last lar business as 'Silver' business.
"Revenue items have been con-year due to the conversion of Gold at his Residence No. 113 The Peak verted to Hong Kong Dollars or Premiums at the lower exchange Sterling at monthly rates of ex-rate Claims paid were also high- change, and Balance Sheet items er for the same reason, but show at rates ruling on December 31, a very reasonable claim rate. Ex- The figures have penses appear slightly higher ow- as previously.
1/3%ding to exchange, but have actually 28th then been combined at $1.04/compared with 1/3d. at Decem-been reduced.
ber 31, 1934.
S'hai Exploration Sh.$444 n. Shanghai Loans Sh.$4 . Raubs $10 b., $10 sa San Maurico $1.22 n. United Paracale $1.06 b
1.07. sz.
Venz: Goldfield 4 b.
Docks, etc.
H.K. and E. Wharves $91 s. H.K. and W. Docks $9 n. Providents (old) $110 z Providents (New) 20 cts. 2. Hong Kew S.$135. New Engineering Sh$4 . Shanghai Docks Sh.$100
Cotton Mills
Ewo Cottons Sb.$82. Shanghai Cottons (old) Sh.$74
n.
་
Increase in Premiums
A Quanfity of
VALUABLE HOUSEHOLD
FURNITURE
On View from Thursday, the
May, 1936.
Terms: Cash on Delivery
LAMMERT BROS.,
Auctioneera
Hong Kong, 26th, May, 1936.
HE Undersigned have received: Tin Underas med laver public
"The Reserve has increased from $65,469 to $86,478, of which. "In the Life Assurance Depart-increase $9,035 is due to exchange. "In the Marine Insurance De ment Premiums at $606,771 show
over last partment, Premiums show a de- of $81,640 an increase
of crease, mainly due to the falling], year, due to the conversion Gold Premiums at the lower ex-off in coastal trade. The Clairds change rate. Claims by death ex-have been very light and the Ex- ceeded last year's very low figure.penses are about the same as last | bat the claim rate is still very year. The Reserve shows an in- crease from $121.187 to $167,890, moderate.
"Surrenders show some increase of which increase $12,381 is due
compared with last year, a to exchange.
25
"As regards Accidents Business, Shanghai Cottons (new) Sh.large part of the apparent increase
in the combined figure being, how-Fremiums are higher at $53,637,
mainly due to exchange. ever, due to exchange.
$3934 m. Zoong Sings Sh$12 1. Wing On Textiles Sh$25 n.
Lands, Hotels, etc.
HK. and S. Hotels $4.85 b. H.K. Lands $31 1
H.K Lands 4% Debentures
100% b.
Shanghai Lands Sh.$15 ne Metropolitan Lands Sh. 310 n. Humphreys $3.55 a.
HK Realties $42 n- Chinese Estates $82 1. Ching Realties Sh4 n China Debentures Sh.$60 1.
Public Utilities
H.K. Tramways $10.40 sa Peak Trame (old) $7. Peak Trams (new) $3 1. Star Ferries $90 s. Yaumati Ferries $19 b. C. Light (old) "$10.80.b. C. Light (new) $7.60 b. HK. Electrics $50 b., $50
Macao Electries $20 n. Sandakan Lights $8.30 a Telephones (old) $25 b. Telephones (new) $ 1. China Busen Sh$114 Singapore Tractions 24/- b. Singapore Tractions Pref. 28/
YA TO FIGHT
AVASTYA SU
DIDN'T MEAN FOR
EACH OTHER! TWANTS IYA TO FIGHT
THE BRUTIANS!
י .
Industrials
Malabon Sugars $94 b. Cald., Macg, (Ord.) Sh.$19. Caid, Macg. (Pref) Sa$15 a Canton Ices $14 n. Cements $9 b.. $9% sa. HK Ropes $4.40 n.
Stores, etc.
Claims
Auction
on
Saturday, the 30th May, 1936.
commencing at 10.00 am.
at No. 2 Hody Road, Kowloon A Quantity of
VALUABLE HOUSEHOLD
FURNITURE
have been heavy but the Reserve (Full particulars from catalogue) Or view from Friday, the 29th. has increased from $44,047 to
$53,356. this also being mainly inst. due to exchange.
(Continued on Page 21)
COMMODITY PRICES
Wm. Powells 40 cts. b.. 40 cts. New York Cotton:~~w
12.
Wing On (H.K) $50 n.
Miscellaneous
Terms: Cash on Delivery
LAMMERT BROS.,
Auctioneers. Hong Kong, 26th, May, 1936.
Dairy Farms $191⁄2 b, $19.70 sa. Watsons $3.45 .
Chicago Wheat:— ` The following quotations have May.
July been received by Reuter:-
934
95%
35
882-
Lane, Crawfords $64 n.
September
844
85%.
Mackintoshs $5 n.
Sinceres 8170
Prev. Yesterday Chicago Corn:- Closing Closing Jaly
53%
5934
September
56%
58
July
11.44
11.47
Winnipeg Wheat:-
October
10.42
10.46
May
*754
Closed
¡December
10.38
10.39
July
75
Closed
January
10.35
10.371
October
764
Closed
March
10.41
10.44
a-asited,
b-bid.
t-traded,
May (1937) unquoted
10.49
In-nomiral
Spot
11.74
11.72
New York Rubber:~~~
May
25.63b
15.66n
Ch. Gost 5% 1925 G$Bds. —July
93%
15.76€
15.72
BAG OF MONEY TO PAY FINE
15.85a
35.79
15.361
15.820
15.90 15.94 15.96a 15.98a 16.05b
16.00
Entertainments $2.90 n. S. C Enterprises $135 n. Macso "Greyhounds" $2 n. Constructions (old) $14. Constructions (new) 30 cts, b. Vibro Piling $4 n.
September H.K. Govt. 4% Loan 6% prem. October
December b H.K. Govt. 3% Loan par. b. January
March Wallace Harpers $4 n.
To-morrow.
"Raring To Go!”
WHAT ARE YA TRYIN' TO DO, HELP THE
EMENY-YA AIN'T GOT A
BIT OF SENSE: 1 YAM
DISGUSTIPATED A
EGAR
2-13
A farmer produced a bag of 80 threepenny pieces to pay a fine of
1 at Shrewsbury recently.
HONG KONG $ DIRECTORY 1936 ISSUE
NOW!
ON SALE
THE NEWSPAPER ENTERPRISE LTD. 34, Wyndham St.
Tel. 20822