BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorised Capital $50,000,000 Laced and Fully-Paid-up 20,000,000; Reserve Funds:
Sterling
4,500,000
Hong Kong Currency
Reserve ....$10,000,000
·Baserre Liability of Pro-
peistoms
SAD OFFICE: HONG KONG,
BOARD OF DIRECTORS.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA Incorporated by Royal Charter, 1853. HRAD OFFICE: LONDON Paid-up Capital
Ipot
barumban
THE CHINA MAIL, TUESDAY, JUNE 2,-1936
and
Commerce
Finance
NEW YORK STOCK MARKET Higher Prices Likely
Reserve Fund
$3,000,000 ...£3,000,000
Reserve Liability of Pro-
prietors
„£3,000,000|
-$20,000,000
Agencios and Branches:
4
Aloe Blad
Ikaika
Bangoon
Bongtok
Bearing
Shangha
Cas Camion
Canar Cate
Taping
Medan
New York
Haiphong
Piping
Hainburg
Senior
(Feng) Tamang
Harbin
Tongka
(Baker) Tsingtao Yoko Zamboanga
Hong Long.
Hon. Mr. J. J. Paterson.
Chairma
G. Miskin E4. Deputy ChairLAR.
Hon Mr. WE, Bell, J.R. Masson Esq
Compton Esq., T. E. Parce Eng. Da
Ton Mr. S. EL. Dodwell,
J. A. Plummer Esq.
MI. Johnson Esq. AL Shields Eng V. M. Grayburn, Esq.
AMOL
BATAVIA
BOMBAY CAPOUTA
CANTON
CHEFOO COLOMBO
DAIREY
POUCHOW
Chal Manager.
BRANCHEN 200
LUNDON
LION
MALACCA
KANILA
MUAR 13-obass)
MURDEN
NEW YORK
PELPING
PENASO
RANGOON
MAIGUN
SAN FRANCISCO
KANGRA
Kobe
Kuala Lumpur Singapóru Kwoking
UTILITY SECURITIES FAVOURED
Messrs. White, Weld and Com pany, New York Correspondents
Foreign Exchange sol Chemeral Banking buaian for Messrs. S. E Levy and Com-
Senate.
Carral Annouzie opanać nad Fized Deposi ored kun year or shorter perside så "rules which wil be quoted on application.
A BREARLEY,
pany, report:-
conting- Stocks:--Though the Jance of quiet markets is expected. Manager. we believe that higher prices are We would likely this month. favour utility securities and rail-
Hong Kong, 1st January, 1935.
THE CHINA & SOUTH SEA BANK, road issues, especially as freight
LIMITED
(Incorporated in China)
Head Offen-Shanghai
KAIPHONG
KAMBORG
KINKOW
HARRIS
SINGAPOR
HONGLEW
HOURABAYA
SUNG PAANI
TIENTNIN
TUKTO
TSINGTAU
Capital Reserve
JOKOR
MOTO
-IPOX
JOBUR
KUBE
KUWLOON
KUALA LUMPUR
Our Acunto spected in Lomni Curimacy and
Du remired for dos y or
Loval Dummy sed blaring du Mena, will be goed an app
ALK) up to date BAPE DEFUIT BOLES im change TO LET.
Hong Kong, 24th February, 1936.
HONG KONG SAVINGS BANK
The Best of sin above Back in
by the HONG KONG AND DEA
But many be ASKING CORPORATION.
HONG AND Shanghai
TOE TES
BANKING CORPORATION.
V. M. GRAYBURN,
Chand Managh,
Hong Kong, 4th February, 1936.
$7,500,000.00
$1,500,000.00
rate surcharges will be extended. Business done: 790.000 shares.
Cotton-The market is steady owing to continued drought in the East, but clear and warm condí-
Branches-All Important Cities iations prevail in the West.
China
Prcsiga, Ezabongo and General Banking Busines tracted
im-
Wheat:--Predictions of proving weather have induced We would pur- Cereal and Bering Amanat opened mod Fland
Total Degolla ruosteek dar man your on horter porn some selling.
chase Hà mio Think will be quoted an applicatie
on further dips 300 - CHĂNG.
sales: 14,923,000 bushels.
Flash: Steel mill activity dur- ing the past week is estimated at 68.2 per cent of capacity as com- the pared with 67.9 per cent. previous weekc
Manager.
HONG KONG BRASCH 2. Dan The Bowd, Centre.
Manage's for
Formiga Exchange Deph. c General Office
Cabir's Oor sum
23567
THE WING ON BANK, LTD.
Head Office: Hong Kong
26, Des Voeux Road Central. Authorized Capital $10,000,000 LONDON BANKERS- Westminster Bank, Ltd. Foreign Exchange and every dos
THE BANK OF EAST ASIA, LTD. cripton of banking business transact-
SHARE MARKET TO-DAY'S QUOTATIONS
The following was the list local share quotations issued
day:-
MILLIONS FOR TRADE
FROM CORONATION FACTORIES READY FOR A RECORD
NEW ADVERTISEMENTS
THE HONG KONG JOCKEY CLUB
TH
Sixth Extra Race Meeting, 1936
THE SECOND DAY of the abore, POSTPONED ́from Monday, 1st June, will be held (weather permitting) on SATUR-
Millions of pounds of extra business, spread over a variety of trades, will be a direct result of the Coronation celebrations next year.
the DAY, 6th JUNE, 1936. Tho The Potteries, the Birmingham metal trade, and to-makers of flogs, bunting, and streamers in Lancashire and York First Bell will be rang at 130 shire are already busy with preparations. They have the les-p.m., and the first race will be son of the Jabilee celebrations fresh in their minds, and antici-run at 200 p.m.
of!
pate a record demand for decorating materials and souvenirs.
Banks
HK. Bank 1570 b., $1575 81. HK. Bank (London) £1051⁄2 Chartered Bank £14. Mercantile Bank A. and
n.
R
It is estimated that at least! 7,000,000 Coronation mugs and beakers will be supplied by the Potteries for distribution to school-children. A director of
-II 063
Mercantile Bank C. £13 a. Bank of East Asia $73 n.
Insurances Canton Ins $263 . Union Las. $507
510 sa
at
the Royal Doulton Works Hanley Staffordshire. stated
b. $507 yesterday that the value of the Coronation pottery alone would exceed £300,000.
China Underwriters $1 China Fire Ins. $462 . H.K. Fire los. $250 a. International Assce. Sh.34
Shipping
Douglases $36 1- HK Steamboats $ Indo-China (Pref.), $30.. Indo-China (Def.) $20 m Shells (Berer) 100/- n. Union Waterboats $12.20 n.
Mining
Kailan Mining Ad. 12/- 2. Langkats (Single) Sh.$8 m S'hai Exploration Sh.34% a. Shanghai Loans Sh.34 0. Raubs $1055 1. Veaz; Goldfield $4 b.
Docks, etc.
COMMODITY PRICES HK and K Wharves $35 2.
The following quotations havel been received by Reuter:---
Sore wad Undivided Froñia 1.0.3ceived at rates which will be quoted October
dushomad Capit
Fit-up Capital....
10 De Vos, Guzm
HEAD OFFICE HUNG ZUNG.
BOARD OF DIRECTORS:
but bhe von Chow Charman
Le Loom Chul Ey 1° ir smak, Eur. WORK Ian Long. Eng., Chau Ching shok, kaq, la lan
J. Wang Cho was my and
a Ying
En Tung 1o. Em.. Chial Manager..
The Eu Eaq, Manager.
ARANCHES AND AGENCIES: -
Simaria
Aary
Bombect Car Castor Tapkang Hackow Homolk
Labe
Kamions London
on application
Trusteeship & Erecutorship under-January takes. Safe Deposit Boxes for hire March PHILIP GOCKCHIN
Chief Manager. May
THE
AMERICAN EXPRESS COMPANY, September
INC.
Incorporated with Lutnised Liability in C.S.à.
FK, and T. Docks 39 E. Provident (old) $1 n. Providents (New) 20 cts. D. Hong Ker Sh.5183 n. New Engineering Sh$4 Shanghai Docks Sh.$100 n.
Lands, Hotels, etc. H.K. and S. Hotels $4.70 s. H.K. Lands $2014 b.
4%
Debentures
Shanghai Lands Sh.$13 n
China Rutles Sh$4 m
China Debentures Sh.$60 na
Prev. Yesterday Closing Closing
ed.
$10,10M_2203,00
Current Accounts and Savings AcNew York Cotton:-
Fixed Deposits re-July A95,000 Counts opened.
11.58
11.59
10.60
10.65
December
10.47
10.55
10.46
10.54
H.K. Lands
10.50
10.52
100% b
10.45
10.54
Spot
1177
11.79
Metropolitan Landa Sh. $10
a
New York Rubber:- July
Humphreys $8.55 n.
15.62a
15.62a
H.K, Realties $472
.
25.71
15.72a
Chinese Estates $82 n.
October
15.74n
15.730
-
Melbourne
bemarang
cacha
December
15.321
15.823
Dew York
Bourabaya
10 Peping
D
Head Office-$5, Broadway,
January March
15.84n
15.81
15.32
15.89b
Syuney
New York
Chicago Wheat:-
Atoks 50 cts. b.
Tokre
VOO 1oLohma
Capital Surplus Reserves
BRANCHES:-
Amsterdam
Antones
Grecan Glasgow
C.S.$6,000,000.00 July
2,240.344.38 September 897,61265 December
Chicago Corn July
843% 84 86%
8434
··847/8
Baguio Gold 27 ets. n. Balatoes $21
861⁄4
59
59%
The Hagan :
Now
September
57%
57
Asuko
Kaplos
Winnipeg Wheat:--
Casal Kacager.
Bests Barlia Bombay
Paran
May
76%
Benguet Consolidated $18.40 n. Benguet Exploration 28 cts. n. Big Wed 33 cta, n.. Consolidated Mines 14 cts.
b. 93 cts. Demonstration $1
$34
n
July
76%
75%%%
Gold Creek 19 cts. 2.
October
77%
76%
Calo Cinta
a-asked. b-bid, t- traded.
Ipo Gold 31 cts a
Itogons $1.23
Co
n-nominal
IXL. SIM 2-
Every dworspion of Boukang nod Exchange Lonne prosed as approved bantam chamad
our counts spaand in Leon CorSEDEY sad Fixed Depomen received so on Jar of aborar poróda 20 Laund mod Foreign Currencima. aa karma which will be quoted on applic
bate Depot Bom To L
KAN TONG PC.
THE YOKOHAMA SPECIE BANK
LIMITED
Established 1880
Capital (full paid-up) Yen,100,008,000 Yen.129,150,000 Eeserve Fund
Read Office: YOKOHAMA Branches and Agencies at
Alexandria
Batavia
Berlin
Bombay
Calcutta
C&ETON
Dairen (Dainy)
Cupen lagun
Ehnburgh
Florence
Q
HAYRAJ Hamburg
Hudaibang Interlaken Jarussiazz Loode Lavarponi
Lugwao!! LALLO Marseilles Youte Cario Manila
Munich
Montreux
معندكم
Jarin Paiping Bosterdesa Bome Shanghai Bouthampion
Mangapons Takumira
Vaide Yokoham Zurich
Manila Mining
Antamole $2.82 h.
Masbate cts. n.
RAW RUBBER PRICES Northers Mining 311⁄2 cts. n.
Branches of American EzyPa Messrs. E. B. Joseph and Ca the following Company in Principal cities of United bave received
currency States of America and Canada.
quotations in. Straits from Singapore for Raw Rubber.
Buyers.
All classes of Commercial Banking Transactions undertaken.
Nagasaki Nagoya New York
lied.
Paris Peiping
Rangoon
Fengtien (Mukden) Rio de Janeiro
Sag
Francisco
Seattle." Semarang Shanghai
Hamburg
Hankow
-bia
Hong Kong Honolulu
Sydney
Kisinking
Karachi
Kobe
London
Los Angeles
Manila
Koji
Tientsin
Tokyo Tsingtan
Yingkow
Interest allowed for Current Ac-l
counts
Deposits received for fixed perioda on applics- at rates to be obtained Hoz
G. KISHINAMI,
Manager:
Hong Kong, 10th March, 1936.
"Pop
Personal investment accounts hand-
The Company offers to intending Travellers the use of its "Travellers! Chegune" and Letters of Credit and, in addition, the world-wide services of its thoroughly equipped Travel | Department.
C. EL. BENSON,
General Manager,
17 Brink YouF?" PRINTING Probioms to Us
THE NEMPERAPER ENTERPRISE LITA
NA SITIORGAN UT.
GOREA, RAIL MUNA.
Spot 25% b. Down %. July-Sept. 25% b. Down . Oct.-Dec. 26% b. Down 18. Jan-March 26% b. Down %- Market: Stagnant.
THE
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China); Capital paid up....$5,000,000. $7,500,000. Reserves Capital Savings Dept. $500,000. Reserve Savings Dept. $600,000. Head-Office Shanghai
A Bank having as its mission the industrial development on China and the fostering of her commercial relations abroad. Hong Kong
Offico.m
6, Queen's Road Central Phone 31116.
POPEYE
SURE HOPES SWEEPEA DON'T NEVER HAVE TO BE A SOLJER ON ACCOUNT
OF BATTLEFIELDS ARE THE
MOST DANGEROUS. THINGS I KNOWS
Goes The Weasel!" ITS A RISKY JOB, BUT IT'S GOT TO BE DONE! CRAWL OVER TO THE ENEMY TRENCH AND FIND OUT JUST HOW STRONG THEY ARE
BOOM
Всем
4
Paracale Gamaps 48 cts. 1. Salacota 14 cts. I San Mauricio $1-14 Suyoc Consol 34 cts. United Paracale 95 cts. b. Universal Explor 18 eta a
Public Utilities
H.K. Tramways $9 s., $8.85/90
Peak Trama (old) $7 2he Peak Trams (new) $ a Star Ferries $90 s. Yaumati Ferries $20 83, C. Light (old), $10.80 n. C. Light (new) $7.70 b. H.K. Electrics $50 b., $50.70
Macao Electrics $20 n. Sandalar Lights $8.30 . Telephones (old) $25 b. Telephones (new) $8 n. China Buses Sh.$114 n. Singapore Tractions 25/- b. Singapure Tractions Pref. 28/-
th.
Industrials
Malabo Sugar #92 b.
Cald. Macg. (Ord.) Sh$191⁄2 Cald, Macg. (Fred) Sh$15 n
DONT SHOOT!
1 SURRENDER
BOOM
HIND
Prizes Offered
LOCAL DOLLAR STEADY
"Spot" Silver Rises
The local dollar is steady, open- ing on demand this morning at 1/33d.
"Spot" silver
By Order,
S. A. SLEAP,
Actg. Secretary.
Hong Kong, 2nd June, 1936.
PUBLIC AUCTIONS
HE Undersigned have receivedi
Auction
On
Wednesday, the 3rd June, 1936,
commencing at 10.00
rose 1/16 to 19-instructions to sell by Public The Pottery Federation has offered two prizes of £25 each 15/16, while "forward" was steady for the best design and the best at 19-15/16.
The London on New York cross- shape for a standard Corona-
was unchanged at £U.S.- tion mug suitable for schools. rate The mugs will probably sell for $4.99, while the New York.
London cross-rate was unchanged about 6d. each.
-Famous makers of high-class at US$4.99-9/16.
pottery are preparing designs
for limited editions of special
OG
collectors pieces to be sold at NEUTRALISE_THE_AIR
(Continued from Page-6)
Effective Restraint
iprices between 10s. 6d. and 3 or: 14 guineas. Moulds from which these pieces are made will be destroyed after a fixed number) of copies have been taken.
Much preparatory work, not And the fear it engenders is only in the selection of designs, perhaps the most effective res- but also in the testing of traint upon war that we have to colours. has yet to be done rely on. For no General Staff any- before the first Coronation where is in a position to forecast
Produc-what the issue of this pottery is produced. tion, however, will begin in real earnest in the autumn.
י.
kind of
warfare may be. With armies and navies such a forecast is pos-
at No. 4 Mody Road, (Empress: Lodge) Kowloon.
A Quantity of VALUABLE HOUSEHOLD
FURNITURE Terms: Cash on Delivery
LAMMERT BROS.,
Auctioneers Hong Kong, 2nd June, 1936.
THE Undersigned have received- Tinstructions to sel: by Public Auction
O
Friday, the 5th June, 1936, commencing at 11.00am at their Sales Room, Duddell Street
Ties, Costume-
Enquiries Pouring In İsible. But aerial war, supple-j A Flat Assortments of Ladies Makers of flags. streamersented by poison gas and direct- Dresses, Coats, and bunting are receiving hun- ed against open towns and civilian Jewellery. Glass Ware, Sundries, dreds of enquiries from this
populations, is an untried gamble etc etc. country and the Empire. with destiny which is beyond all Orders for cloth have already the calculations of General Staffs been placed on the Manchester and experts. Its success in Abys- Royal Exchange.
Some of the larger Manches-sinia is nothing to go by.
For the gamble there was all on Iter textile houses are preparing
designs for souvenir printed one side. There was no defence and retaliation in kind against Mus- handkerchiefs.
16 Cases Beads 1 Case Pictures
48 Coir Door Mats.
Terms: Cash on Delivery
LAMMERT BROS.,
Auctioneers.
Hong Kong, 2nd June, 1936.
Some anxiety is felt in the solini's "civilising" mission. The decorative materials trade lest dice will not be loaded in this way goods should be imported from in Europe, if the worst comes to Jabroad. Union Jacks made the worst. We shall all sink to the
indis-must learn or perish.** Germany. medals made in Cze-same level of "devilry and
murder together, and
America Says Nothing and criminate choslovakia and flags
were no one can predict who will come streamers from Japan
of the hell with something! In this crisis of human destiny dumped in this country for the out Jubilee. A Manchester maker called victory-or whether, in-we need some voice that will in- of flags said last month. that deed, there will be anything but terpret the dread writing on the make ruin for everybody involved in the wall to all the nations and sum- Germany had begun to
mon them to a common effort to Union
and a Jacks,
Large carnival of madness. Colonial order had already been placed there.
To-morrow.
Canton Ices $1% n. Cements $9.40 n H.K. Ropes. $4.40 . Stores, etc. Dairy Farms $19.70.s Watsons $3.45 1. Lane, Crawfords $6% n. Mackintoshs $5 n. Sinceres $1.70 n Wm. Powells 40 cts. n. Wing On (HK)'$50 n
Cotton Wills
Ewo Cottons Sh.58% n.
Shanghai Cottons (old)
$70 b. cz. div.
Shanghai Cottons (new)
$39 n.
Zoong Sings Sh.$18 n. Wing On Textiles Sh$25 a
Miscellaneous
Entertainments $2.90 n.
It is this terrific uncertainty avert the common doom. Such a that offers the best hope that the voice once came in the dark days final and inglorious catastrophe of 1918 from America But to-day. with which European civilisation America is dumb. If anything is is threatened may yet be averted to be done it is this country that must take the lead. Two things. are imperative.
Futility And Wickedness
That hope cannot rest in the bankruptcy of statesmanship with which we are
The first is to neutralise the air This, and with it poison gas. confrunted to-day.in the present state of the world, Nor can it rest in the futility and is more than possible. It would with thanksgiving by wickedness of war. That futility be hailed
and wickedness were never more every nation. All alike have been powerfully denounced than in the horrified by the doings in Abys- great and moving speech which sinia All alike are in deadly fear that famous soldier, Lord Allenby, that the same horrors may de- Sh delivered at Edinburgh recently, scend on them. A great summons the from this country to all the world from the same place that
- menace for ever Swashbuckling "statesman" Birken-to abolish this
head delivered his panegyric of would bring the people of every war as offering the glittering nation to our banner.
And the other is to summon a prizes of the sword" or, as Mus solini would say, "of poison gas." World Congress to consider the
But it was not Allenby's denyn-peril in which we all stand ciation of the folly and horror of gether; and the ways in which war that made his speech memor-civilisation can be saved from the able. It was his insistence that abyss to which it is plunging.
S. C. Enterprises $1.35 n. Macao "Greyhounds" $2 n. Constructions (old) $1% I Constructions (new) 20 cts. b. Vibro Piling $4 n.
modera science has so revoln-
2nd Ch. Gort, 5% 1925 GARds. tionised warfare that war
civilised life, can no longer co- 934%
b.
.
to-
The R.MS. Empress of Canadr
H.K. Gost. 4% Loan 6% prem exist. U war survives then the leaves Yokohama on Friday at I world as we know it cannot-sur-a.m. for Honoluin, Victoria and HK Govt. 31⁄2 Loan par. b. vive. In Grey's great phrase, "We Vancouver. Wallace Harpers $4 n
"Holding Down The Fort."
GOO
HONG KONG $ DIRECTORY 1936 ISSUE
NOW
ON SALE
THE NEWSPAPER ENTERPRISE LTD.
3A, Wyndham St.
Tel. 20022
14