BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Author.sed Capital
$50,000,000 Lasted and Fully-Paid-up 20,000,000!
Beserve Funda :—
Sterling.£ $,500,000
Hong Kong Currency
Reserve ........$10,000,000-
KOLAD OFFICE: HONG KONG.
BOARD OF DIRECTORS
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA
Incorporated by Royal Charter, 1853. HEAD OFFICE: LONDON Paid-up Capital
Betama
منمات
Reserve Fund
$3,000,000 £3,000,000
Reserve Lisbility of Pro-
Reserve Liability of Pro-
ristors
$20,000,000
prietors
£3,000,000 ||
Agencies and Beanches:
Aloe Str
Rangoon
Ipoh
Baigno
Bengkok
Sencang
Sing
Seremban
Bomber
Sobe
Shanghai
Talentfuar--
Kunia Lacupre
Camion
Cawagora
Caba
Inching Madra Manila
རཱུ་
WILD Bourabaya Taiping
Colombo
Dea
New York
Tangi
Harphang
PAPIRE
(Shuker)
Blambang
Policing
Txingto
Hankow
Evang
Harlan
Hong Kong
Zamboanga
Hon. Mr. J. J. Paterson.
Charman.
G. Miskin Baq,
Deputy Charmes
Tex. Mr. W.H. Bell, J.E. Masson Eng,
AH. Compton Esq., T. E. Pearce Eag-
Hem Mr. S. H. Dodwell,
J. A. Plammer Esq.
II. Johnson Esq. AL Shielda Esq-
AMGY
V. M. Graybra, Esq.
KANGKOK BASAVIA TOMALY CALCUTTA CANTON
COLM HO
DARREN
POOCHOW KAIPHONG
BANKOW HARRIN SONICKY
FINLA
FJAURE
KOWLOON
Сами Манеры.
ВЕЛЬСК -
KSALA COMPLE
LONDON
L203S
MALA
MANILA
MUAR inkare;
MURDEN
NEW YORK
PAIPING
PENANG KANGO 3
MASTUS
SAN FRANCISCO
Sdang BAL
SINULIUZE
MZALA
EL PATANI
TLESTSIN
Tukio
TSINUTAU YUKUKAMA
Üret Anda opasand as Lau L'urmaczy and, But Deponise znowted for one year or aborter
de La Loosi Currenty and mating or terme We wil be quoted on appicausa
ALGO up to 240 SIFE DEFUSIT BULES CA IU LEL
Hong Kong, 24th February, 1936.
HONG KONG SAVINGS BANK.
The Busines of uw ebore Back is conduct páky the HONG KONG AND SHANGÉAI MAKING CORPORATION, Swee may be sand or appliansion.
*FOR THE HUNG LONG AND SHANGHAI BANKING CORPORATION.
V. M. GALYBURN,
Clue Manager.
Hong Kong, 34th February, 1936.
THE BANK OF EAST ASIA, LTD.
Katariant, Gage Fred-up Capu
@30, 10,003,0A L386,106.32
KƏNDƏ
acts and Codivided Profile
READ OFFICE:-RUNG „KUNG.
ig On Your Band, Gazir tim
BOARD UP DIRETTORS ;-
Mir Shou--100 Chow, ChauPORNO. Can Eng. P. £. Kwok
Fun Tong kay Ken Chung bbw,
.. Wong
la
SL Ley, Yong Can be Eng, med "Ira Yung
La Tung Po, Eng., Chat Kaonge,
1. Fang, Esq. Mannew. BRANCHES AND LOENCIES : —
bielarus
ma
Empang
Formula
Paris
Imping
Sh
Landur
*SUUD
bestia
JUSTWOW YO
ف المراة
V a)
VLADEGALÁB
Kowy- deusipuwa 2. Backing and ExchALL BE Las groet da, eppested
İLDƏNƏKLİKLER spared is Lound Cuzz60 Fred Dugmnice received for com per or are eraso mad Fargo Ceram De Suena which will be quaint ve appilie
Maa Depan Bus To
FAN TONG PO,
Cou! Magage.
Yokohama
Formiga Lucbangs ved Owoscil Banking busines LANDLO
THE CHINA MAIL, WEDNESDAY, JUNE 24, 1936
ommerce and Finance
NEW YORK SHARE MARKET
Reaction Towards Close
AFTER OPENING HIGHER
LOCAL DOLLAR
STEADY
Silver Prices Fall
The local dollar is steady, jopening on demand this morning
at 1/3-5/16d..
"Spot" silver fell to 1/16-19. Messrs. White. Weld and Com-while "forward" fell to 19%.
US$5.01-
pany, New
York Correspondents
The London on New York cross-
for Messrs. S. E. Levy and Com-rate was quoted at (pasy, report:-
11/16, as compared with $-U.S.-{ "Stocks:-The market today $5.01%, while the New York on opened higher, but reacted some London cross-rate was quoted at Locust open and Fixed Deposite what towards the close: The US$5.02% as compared with
volume of business was fair. With
pared for one year or shorter perioda al role
buch wadi be quoted on application.
Beak's Bend On London
Trates
Escolor 4
BROTHY ડ્રા British Income Taz orary
Terra which may be scertained on app
A. BREAKLEY,
moder
($—U.S.$5.01%-
the Tax Bill now disposed of sadį
Manager. Hong Kong, 1st January, 1935.
an early adjournment of Con-
LOCAL SHARE MARKET--
TO-DAY'S QUOTATIONS The following was the list of
local share quotations issued to
day.
Banks
FLK Banks $1.550 b. $1535 &...
$15871⁄2 33:
H.K. Bank (London) £1021⁄4 n. Chartered Bank $13. Mercantile Bank A. and
Mercantile Bank C £15%D Bank of East Asia $73 IL
Insurancos
Canton Ing. $255 n. Union Ins. $520 b.
China Underwriters $1 1. China Fire Ina. $462 HK Fire Ins. $250 n. International Assce. Sh.$34
Shipping
Douglases $36 d.
HK Steamboats 84 a.
gress in sight, we are of the opin- SHIPPING IN THE Indo-Chinas (Fref.), 330 n.
ion that prices will gradually Business done:- work higher. 1970.000 shares.
"Wheat:-Damage to
the crop
THE CHINA & SOUTH SEA BANK, in the North-West is-severe and
LIMITED
(Incorporated in China) Head Office Shanghai Capital
$7,500,000.00 Reserve
$1,500,000.00 Branches--All Important Citian
China
Foreign Exchange and General Banking Bombe tratamed.
iz
South-West prospects are decreas- ing. The weather is still the main-factor. We would continue
•
DOMINIONS
Possibilities Of New
Service
London, To-day. The President of the Board of to buy on setbacks and to take Trade, Mr. Walter Runciman, an- profits on bulges. Total sales-nounced in the House of Commons 39,946,000 bushels.
yesterday that the Governments of the United Kingdom, Canada, Aus- ing to-day in anticipation of tralia and New Zealand had ask- favourable weekly weather reported the Imperial Shipping Commit-
In the East, condi-
"Cotton:-There was some sell-
Current and Beving kovotale opened mod Fixed Dupa romerad är case year or skoriat parade to-morrow.
cases, which will he quoted on application.
200 & CHING,
Manager.
RONG LONG BRANCH:
De Vos Band, Comical. Manager's Othonememein Tei 30563 Foreign Exchanga Daph, maternit General Offe Cualiser's Vo
3868*
THE WING ON BANK, LTD.
Head Office: Hong Kong
26. Des Voeux Bond Central.. Authorised Capital $10,000,000 LONDON BANKERS:- Westminster Bank, Ltd. Foreign Exchange and every des- cripton of «banking business transact- ed.
3
tions are mostly cloudy, but there tee to report;
Firstly, as to the trafic possibi- is no real moisture. Buyers are lities of British passenger
and non less pressing, but sales of
betweer western cargo services cotton-goods
We are excellent.
Canada and Australia and New would favour purchases Op fair
Zealand: reactions.
Secondly, whether a service on "Rubber: We think that the the lines suggested by the ship- decidedly bullish "fundamentalsį
ping interests concerned would be are now becoming gradually re-appropriate, in view of the traf cognised by outside interests. fic" possibilities and any other With offerings small and a broad-shipping facilities available; if ening interest; higher prices will
not what kind of service would be be witnessed. Total sales:--2-
appropriate; 1850, tons.
"Flash-The president signed the tax bill.
Thirdly, as to the probable fin- hasancial result of such services,
taking, into account the financial) result of the existing British ser-
Fixed Deposits re- COMMODITY PRICES vices between San Francisco and
Current Accomata and Savings Ac- counts opened. ceived at rates,which will be quoted). on application.
Trusteeship & Executorship under- taken. Safe Deposit Boxes for hire
PHILIP GOCKCHIN
Chief Manager.
THE MERCANTILE BANK OF INDIA, LTD.
HEAD OFFICE:
The following quotations have been received by Reuter:-
Prev. Yesterday Closing Closing
New York Cotton: July
October
12.31 12.20 11.50 11.65
December
11.59
11.44
January
11.57
11.43
March
11.56
11.46.
May
11.84
1152
Spot
1241
12.28.
1,800,000
New York Rubber: July
15.91 16.01
September October
16.03 16.13
75, Genonchusch Street, London, E.Ç.A.
Authorised Capital ..£3,008,000
Subscribed Capital
--
.... 1,050,000
Paid-up Capital Beserve Fund & Best 1,247,2809.
BAYLEES:
The Beak of England & Midland Bank, Ltd.
BRANCIES:
Bangkok
Bombay
Ipok body
Calcutta
Karacai
Kota Bharu
Kuala Lipis
Kuala Lumpar
Hong Song Howrah
Kusaika (Phang) Madem
New York
December January March
THE YOKOHAMA SPECIE BANK
LIMITED
Established 1980
Capital (full paid-up) Yen.100,000,000 Yen.123,150,000 Reserve Fund
Head Office: YOKOHAMA
Branches and Agencies at
Alexandria.
Nagasaki
Peange
Port Loui
Bangoon Shangbal Simla
HONG KONG BEANCE.
“Every description of Banking and Exchange
Trusten and Executorships undertaken.
INTEREST. „llowed on Curront docounts and September Piped Deposite at Bains that may be ascertained kos" application.
Batavia
Berlin
Bombay
Calcitta
Canton
Dairen (Daisy)
Nagoya
New York
Osaka
Paris
Peiping
rengtien (Mukden) Rio de Janeiro
Hamburg
Fsakow
Harbin
Hong
Kang
Honolulu
Hainking
Kobe
Landon
Los Angeles
Manila Moji
Rangoon San Francisco Seattle
Cem rang
Shanghai
Singapore
Sou-Ebeys
Sydney Tokyo
Tientsin
Tsingtau
Yingkow
Interest allowed for Current Ac-
Deposits received for fixed periods at rates to be obtained on applica tion.
G. KISHINAMI
Manager.
Hong Kong, 10th March, 1336.
THE
:
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)
Capital paid up $8,000,000. Reserves
$7,500,000. Capital Savings Dest: $500,000. Reserve Saving Ext.: $800,000. Head Office***Stangkai
A Bank having as its mission the industrial
Chins and tan Lost an
of her Grelations abroad.
COL Anr Oce→→
Hoar
6, Queen's Road Central
Phone 31116.
transacted,
Travellers Chaque immund
16,060 16.16 16.14a 16.24 16.170 16.280 16.25 16.36 16.33n 16.46
Australia and New Zealand; .
Fourthly, whether such service (would have any ill efect on any
other British interesti
Consideration of the matter was begun at a meeting of the shipping committee yesterday. —| British Wireless Service.
RAW RUBBER PRICES
Latest Quotations From Singapore
Messrs. H. E. Joseph and Caj have: received the following quotations Am Straits CUTTERLY from Singapore for Raw Rubber
Buyers
July,Sept.
(muritius) | May
Spot
264 Up
Chicago Wheat:
2
261⁄2 Up
July
95
95%
Singapor
¡Oct./Dec.
26% Up
September
95%
96%
Jan./March
27% Up
December
97%
97%
Market-Firm.
Chicago Corn:
July
€53
664
BERLIN SHARE MARKET
644
643
Winnipeg Wheat:
E. KENNEDY.
↑, Queen's Bood. Contr..
Hong Long 6th July, 1986.
July Manage
October December
83%
202
Closed
$4
41
SAFETY ||
the
Berlin, To-day-The share mar-İ ket was again weak yesterday. because of the beginning of holiday season, during which in- vesters postpone business trans- actions. Offer was greater than demand, so that prices were weak Fixed interest securities very dull, but price changes were. armall Call money available till afternoon was settled at 3 1/8 per
for your travel funds ent-Trans-Ocean Service.
The funds for your business or pleasure trip Can be safe- guarded if, before leaving you have us convert them into
AMERICAN EX PRESS TRAVELERS CHE QUES
They are spendable everywhere and no identification is neces- sary other than your signature. If lost or stolen, umcounter- signed, your money is refund ed. Issued in denominations of $10, $20, $50, and $100. Also
in Sterling 2, 25, and £10.
THE AMERICAN EXPRESS CO., INC.
Incorporated with Limited Liability in USA
No. 4, Des Voeux Road C.
were
REICHSMARK QUOTATIONS
Berlin, To-day. The Reichs- mark, was quoted yesterday with- out guarantee at: New York, 40.31: Amsterdam, 59.425; Paris, 61100; and London; 12.4425. Paris quoted the Pound sterling at 76 to 76.05, and the U.S. dollar at 15.15.-Trans Ocean Service
HONG KONG HEIGHTS
For the information of visitors the following list of some of the highest points on the Island and Mainland is published:—
ESLAND
Victoria Peak
The Eyrie
Feet.
1,823 ༩
Signal Station
Mt. Parker
1734
Moritain Lodze
1,725
1,725
Peak Hotel-
1,505
ML Davis
Bowen Road (Alterheds)
STT 297
MAINLAND
Taimoshani Kowloon Peak
Feet *3,124 1.971
Indo-Chinas (Def.) $20 m Shells (Bearer) 98/14 n. Union Waterboats $12.20 S
Docks, etc. H-K. and K. Wharves $83 1. HK and W. Docks $91⁄2 b. Providents (Old) 95 cts. Providents (New) 20 cts. 1. Hong Kew Sh$185 n. New Engineering Sh.44 n. Shanghai Docks Sh$100 2.
Mining
Kailan Mining Ad. 11/3 n. Langkats (Single) Sh-$8 m. S'hai Exploration Sh$41⁄2 a. Shanghai Loans Sh.$4 n Raubs $10. Venz; Goldfield $44 b. Antamoks $483.
Atoks 60 cts. b. Baguio Gold 26 ets. b. Balatocs $21% 1. Benguet Consolidated $18.40 Benguet Exploration 24 cts. b. Big Wedge 36 cts. n. Consolidated Mines 1 cts. Demonstration $105 b. $1.08/-1
1.07 sa
Gold Creek 9 ets. a. Ipo Gold 31 ets. n. Itogons $141. LXL $1.95 b. Masbate 76 cts. b. Northerns Mining 36 cts, n. Paracale Gumaus 58 cts. 11. -- Salacots Mining 12 cts. sa. San Mauricio $1.02 b. Suyod Consol 34 ets. n. United Paracale $1.02 ... $L-
03 sa.
Universal Explor 17 cts. n
Lands, Hotels, etc. H.K. and S. Hotels $41⁄2 sa. H.K. Lands $30.90 n.
Lands 4% Debentures 100% b. Shanghai Lands Sh.$13 n Metropolitan Lands Sh.. $10 Humphreys $8.55 - HK. Realties $42 n.. Chinese Estates $30 n. China Bealties Shi#4 n. China Debentures Sh.$60 m. Public Utilities
H.K. Tramway's $10.10 h. Peak Trams (old) 62 a. Peak Trams (new) $23⁄41⁄2 n Star Ferries $86
Yaumati Ferries $20 ni
C. Lights (old) $10.55 b.
60/10.65 sa
LEGACY LEFT
TO SON LOST
FOR 17 YEARS
Missing Man Located By Advertisement
LOCAL NEWS BREVITIES
There will be a whist drive at
the Sailors' House and Seamen's- Institute to-day, beginning at 9.5.m
There will be a ten dance at the Club to-day, beginning
RETURN TO CLAIM PAYMENT Cheero
UNDER WILL
lat 5 pm
B
A whist drive and tombala will Two legacies of £1.000 each in be held at the Kowloon Docks to the will of Mr. Charles Irimes
day. Barratt, of Woodlands-grove, Wey- bridge, who died in February
The Garrison Sergeants" leaving £21.384 (n.p. £17,476) have will hold a Whist Drive and resulted in the discovery of a son Tombola at 8.30 p.m. to-day. who had been missing for 17 years.
Mess
Mr. Barratt bequeathed £1,000 A Dinner Dance will be held on to his son Charles Ralph Barratt the open roof of the Repulse Bay. and £1,000 to his son's wife. He Lido-weather permitting and at stated that he had not heard from Repulse Bay Hotel in the event of him for some time, and did not bad weather to-day at 9.00 pm. know where he was or whether hej was alive.
Among the passengers due to He directed the Public Trustee arrive in the Colony by the 5.3. Ito advertise for him.
President Coolidge on July 2 are Mr. Charles Barratt and his wife Master Donald Ballantyne, son af separated 17 years ago and the the Assistant Manager of the separation caused father and son Chase Bank, Hong Kong, and Mr. Ito become estranged. Neither sa* Herbert Rea, an official of the jeach other from that time.
Standard-Vacuum Oil Co., Saigon, Since the advertisements had been accompanied by Mrs. Eea inserted in papers young Mr. Bar-their two sons. ratt visited Weybridge to see Mrs. Barratt, senr., his stepmother. She
and
A donation of $5 has been made
has been in touch with her step- to the St. Vincent de Paul Society, (son's wife, a Belgian woman, whoļin
memory of Lieutenant-Com- after the separation returned to mander Kenneth John Manners, Ther native country. ·
by Mr. M. McCarthy.
The question now arises whether
she will be able to claim the legacy, A flannel dance will be held by because under Belgian law a mar-the local section of the Health, Athletic ried woman has no rights apart Strength, Sports and
Club at the Hotel Cecil on Satur- from her husband.
day next from 3.30 pm to 12.45- a.m. Members and their friends are welcome, at the usual admis
NET RENT CASE sion charges. By kind permission
DECISION
Court Of Appeal Ruling
ALLOWANCES FOR LANDLORDS
of Liert-Col R. M. Rodwell and Oficers, the Dance Orchestra of the 1st Bn. the Royal Uster Rifles will be in attendance.
The ss. Rawalpindi is expected here from Shanghai at 6 am on Friday.
Chan Sau-ching, an
ex-soldier,
A rent dispate decision of im- portance was given by the Court was this morning charged" before Mr. W. Schofield at the Central of Appeal last month.
It was given in an appeal from Magistracy with possession of 33 the decision of Judge Clements at counterfeit Hong Kong 10-cent Rochester County Court, and rais-pieces and intent to utter same in June 20. The High Street ed two questions:
case was fixed for hearing on July 1. Whether allowances respect-12 at 11.30 a.m. Detective-
#
wg
ing rates granted to the landlords Sergeant J. S. Riddell is in charge. by virtue of the provisions of the of the case. Poor Rate Assessment and Collec-
Kang Yuk-ying, aged 13, tion Act, 1869; the Rating and Valuation Acts, 1925 and 1928, admitted to the Government Civil and the Local Government Act, Hospital yesterday after having Caine- 1929, should be deducted from the been knocked down standard rent of premises to as Road by car No. 3450. certain the net rent.
Leung So, a passenger
in car admitted to the
2. Whether the landlord Was entitled to an 8 per cent. increase No. 1800, was
in rent because structural im-Government Civil Hospital yester provements and alterations were day suffering from injuries re- the ceived when his head hit carried out to the property.
windscreen of the car, when it stopped suddenly while following
Important Principle
The Court granted the appeal, a lorry. and decided that the allowances
should not be deducted from the
$10-standard rent to ascertain the hours ending at 10 am to-day
C. Lights (new) $7.70 b EK Electrics $50 b. Macao Electrics $18% 9. Sandakan Lights $8.30 a.. Telephones' (old) $25. Telephones (new) $8% s.: Chima Bases Sh.$114 n. Singaporé Tractions 20/- b. Singapore Pref. 28/- n.
Industriais.. Malabon Sugars $91⁄2 b. Cald, Macg. (Ord) Sh.$191⁄2 n.
Cald., Macg. (Fref.) Sh.$15 m Canton Ices $13⁄4 mi Cements $8.60 b., $83⁄4%/8.70 sa. HK. Ropes' $3:90 z
Stores, etc Dairy Farms $191⁄2 1. Watsons $3.45 Lane, Crawfords $6 n. Mackintoshs #5 2. Sinceres $1.70 'n.
Wm Powells 40 cts. n. Wing On (HK), $50 n
Cotton Wils Ewo Cottons Sh.18`n. Shanghai Cottons (old) Sh
$70 n.
Shanghai Cottona - (new) Sh
$3914 1 Zoong Sings Sh$18
Wing On Textiles Sh.325 1.
Miscellanous?? 1 Entertaintments $2.90 n.
S. C. Enterprišes" $1:25 n. Macao "Greyhounds” $2 n. Constructions (old)$1% n Constructions (new) 30 ctx. b. Vibro Piling, $231⁄2" n:
Inet rent.
Hong Kong rainfall for the 24
The total since-- This decision was was 0.02 inch.
January 1 has been 23.78 inches, against the landlords.
how against an average of 35.23 inches. Their lordships found, ever, that the landlords were en- titled to the increase of 8 per cent:
wwww...
Lam Tak, unemployed, was this before. Mr. charged morning
Giving the judgment of the J. H. P. Lee at the Central Magis- Court, Sir Boyd Merriman said tracy with snatching the hand- that the amount at stake was tribag of Miss Packwood of No. 8. ing, but the principle was of im St. John's Apartments in Des Vouex Road yesterday. Defendant portance to a considerable num-i ber of tenancies to which the Act pleaded guilty and was remanded for 24 hours for medical examin applied.
{ation.
FREE BEER IN COLLEGE
NEW BANK HOLIDAY
Undergraduates of Brasenose That Coronation Day be declar College, Oxford, were recently led a perpetual Bank Holiday will given free beer. at Lincola Col-be discussed by the Federation of lere, in accordance with a custom British Hotels Apartments..
and
dating from the Middle Ages. Association at Llandudno.
Los Angeles Ousted
By German Zeppelin
Lakehurst, NJ. States Naval Air Station, as he Cast aside by Congress as too old climbed an aluminum Madder into for service and shoved out of her the 12-year-old ship's cabin. This home to make room for a new arship is as good as the day we got rival from Germany; the United her-from Germany. Just wait and States Navy's"dirigible Los An-see....”
Ch. Govt 5% 1925 GB4L-3gam.
93%-ban V
geles swing from a pinnacle in the Two officers and eight men were: back yard last month, though still abroad the old ship, whose back petted by faithful men who live end rested on a railroad track for the day when she willy geared to a rusty railroad track.
There are always. 10 men aboard" "We know Congress and the the Los Angeles when she is out- HK Govt. 4% Loan 7% prem American people are going to see aide the hangar, Commander Gil- the light some day," said Lient-mer explained Should it break HL Govt. 5% Loan 1%% Commander Francis Hook Gilmer, away from the mast they would
prea b
training officer of the United be there to handle it. Wallace Harpers $4 n.