BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorized Capital
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA
.....$50,000,000 Inch:porated by Royal Charter, 1853.
Lassed and Fully-Paid-up 20,000,000!
Beseers Fond :—
Sterling£ 4,500,000
Hong Kong Currency
Reserve $10,000,000 Mbarve Liability of Pro-
prietors
TEAD OFFICE: HONG KONG.
Kacanal
Semarang
READ OFFICE: LONDON
Paid-up Capital
Reserve Fund
£3,000,000 £3,000,000
Reserve Liability of Pro-
20,000,000
prietors
£3,000,000
Agencies and Branches:
Ho
Langode
Autr
1pok
Delgoe
Bengkok
King
bersaban
Xebe
Shangh
Kunia, Lunger
pars
M
Hudan
Exter Bourabaya Tupang Thaistarm
Now Yock
Kuplung
Piping
Lehacker)
LLAGE by
Hankry. Harbis
Paring Геммы
Faingian
Hos Kong
Zamboang
BOARD OF DIRECTORS. Đầu tiên cho ở Paterngu
Chartan
G. Miskin Esq...
Deputy ChairmDOEL
Hon. Mr. W.H. Bell, JR. Masson Eaq, AE. Campton Esq., T. E. Prazce Esq.
Hon. Mr. S. H. Dodweil,
ANDI
7. A. Plummer Esq.Į Johnson Esq. AL Stueida E.
V. M. Grayburu, Esq.
BAMAVIA
JUMBLY
CALCUEFA
CANTON
CHXFOO
DALLEN JUUCHOW SAPHONG BANKURA HANKOW
BARRIN
BUNGEE
مقدسة
Al
JOKOZI
132
KOWLOON
Chaal ManageNT.
BRANCHES S
FCALA LUMPUR
LANIWAN
MALAČKA
MANILA
SEUA Labor MLADEN
NEW LUBE
PELDING PENING
SANG CHEN
ایران شد
SAN FRANCISCO
DEL NULLA
SUCKABAYA
AMPAANI
TABSININ
NATU
TUZAU
YOKOHAMA
Cermat Late opsami za kom: Gurreac?' sud. Sizes Depouso on your at horser gerade in domed Cumming and Dieting on vers
BHƏ Up a SAFE
zona shes to Last
Batavia bombag Caloun
100
Cawapre Labu
Colombe Data
Zorsign hachangs sad Guoneel. Banking busiamm"
Gransarted.
Current Accante apanad- and Fixed Deponite | TOMY OF OPR me or shorter pecode at rele wuch wil be quoted on sypos
_26# Bank) Seed Do in Londoa
wunder
Elevato * Trustee Denizens, and cana macmary of Brush Lacoma Tax Ofacpaid, uu Garwich may be monetized on appassion.
A. BEFARLEY,
Manager. Boar Kong, 1st January, 1935.
THE
AMERICAN EXPRESS COMPANY.
INC.
Incorporated with Limited Liabilag án Đồnh Head Office: 65, Broadway, New York
BOLES in
Capital
Hong Kong. 24th February, 1936. Surplus
HONG KONG SAVINGS BANK
The Bunces of the sours Bank in votulanca-
Reserves
Anahardasa
U.S.$6,000,000.00 2,240,344.38 897,612.65
BRANCHES,
Antwer Acham
Geco Glengow
The qua Hair
Bum may be
Korist
Hombay Keaman
p by the HUNG KONG AND SHANGEAL SANDRING GURPURATION.
sanaand on applieswing.
FOR THE LONG RUNO AND SELNGHAI BANKING CHEPUKATION,
V. M. QUATRORS.
Chat Manager - - Hong Kong, 24th February, 1938.
محض
Hamberg DAFTA
Baudelberg Latest
Mooreaz Mil
عادي
Fir bersa Poping Колигоныя Кокте
bangl
Southampton
bugapore
Calcata
Colombe Zupang
Loadou Larerpool Довела Lugans
Dable Richar
Crecers
Alac
Mouse Caria
Manila
Detail VHERONE VRTÁK Xorobang Zurch
Authorison Capita
Zuid-up Capita
THE BANK OF EAST ASIA, LTD.
A to $10,000,360.DI
„$ AMANDALO
Manick
Branches of American Express)
States of America and Canada.
Somers and Gadimed. Protein Company in Principal cities of United
HEAD OFFICE:-BONG RONG.
I Had
BOARD OF DIRECTORS —— Sur kou-os Chow, ChazzRAN,
All classes of Commercial Banking Transactions undertaken
Personal investment accounts hand-
Kang Hoax Chy son, Fay, nor led.
Kan Tung Pɔ. Eng, Chust Manage..
Sa Ims Fong, Eng, Macap.
BRANCHEN AND AGENCIES : –
Eatin Kmphong Hankow
Homolute
Zonson
SAD.JA
KANNADA
Ba
LİMLER
ا ما
-FLOOR
Descale hamzarang
changha
suppre DOUBORYS DWGLOW
Insi
Žukau
Vandus; PRE
ي السباحين لا.
The Company offers to intending Travellers the use of its “Travellera |
Cheques" and Letters of Credit and, i 边 addition, tha world-wide services
of it thoroughly equipped Travel: Department
C. EL BENSON,
General Manager.
Every power in Saching and Excent THE CHINA & SOUTH SEA BANK, Bus tractam:Lad Louis, greind on approved
CLETES Buzia opeced in Loomi Currency and Fixed Deporte roomried for acn your GE skorar persada in imoni and Foreign Currencie Da larme which will be quoted on naplacatodi
Sale Depous Sazes. 20 Les
EAN TONG P20,
THE YOKOHAMA SPECIE BANK
LIMITED
Established 1980 ・・
LIMITED
(Incorporated in China)
Head Office-Shanghai
Capital
$7,500,000.00
Reserve
$1,500,000.00 Branches-All Important Cities in
China
Forsign Exabange and General Banking Businma $22.7
Current and Bering Accounts opened süd Fixed Depaus zekrva dar one zwar or absorber penda 64 zake, thich will be quoted an application.
Xaung.
Capital (full paid-up) Yen 100,000,000 To £3505
.Yen 129,150,000 Reserve Fund
Head Offee: YOKOHAMA
Branchen and Agencies at
Alexandria
Batavia
Berlin
Bombay
Calcutta
Canton
Canton
Nagasaki Nagoya New York Osaka
Peiping Dairen (Dainy) Rangoon Fengties (Mukden) Rio de Janeiro San Francisco Hamburg
Harbin
Hankow
Hong
Honolain
Kong
Hainking
Karachi
Kobe
Lendon
Los
Angeles
Semarang
Shanghai Singapore Sourabaya Sydney
Tientzia
Tokyo Tsingtan Yingkow
Interest allowed for Current Ac counts.
Deposits received for fixed periods at rates to be obtained on applica
G. KISHINAMI
How
Maxac..
Hong Kong, 10th March, 1936.
THE
SHANGHAI COMMERCIAL &
SAVINGS BANK LIMITED (Incorporated in China)
Capital paid up
Reserves
$5,900,000. $7,500,000. Capital Savings Dept. $500,000 Reserve Savings Dept. $500,000. Bead-Office Shanchal
A. Bank having as ita, mission the industrial development on China and the fostering of her commercial relations abroad. " Hong Loai Do
6, Queen's Road Central -Phone $1116.
RONG LONG · BRANCH: 26, Da Yax. Boad, CanzENİ. Zorg Exchange Deph m General. Ofice Cantine's O
23567
THE WING ON BANK, LTD.
Head Office: Hong Kong 26, Des Voeur Road "Central. Authorised Capital $10,000,000 LONDON BANKERS:- Westminster Bank, Lud Foreign Exchange and every· dos- cripton" of Babelding businik tiansact-
Current Accounts and Savings Ac- counts opened. Fized Deposits re- ceived at rates which will be quoted on application.
Trusteeship & Executorship under- taken. Safe Deposit Boxes for hire.
PHILIP GOCKCHIN
Chief Manager:
HONG KONG HEIGHTS
For the information of visitors the following list of some of the highest points on the Island and Mainland is published:-
THE CHINA MAIL, THURSDAY, JUNE 25, 1936
LOCAL SHARE MARKET
TO-DAY'S QUOTATIONS
ommerce and Finance.
The following was the list of {local share, quotations issued to-
day.
Banka
H.K. Banks $1,580 sa
H.K. Bank (London) #102 a. Chartered Bank $14 n. Mercantile Bank A. and
£30
Mercantile Bank C. 13. Bank of East Asia 87S 11.
Insurances
Canton Ins. $255 n. Union Ins. $520 b.
China Underwriters $1.1. China Fire Ins. $462 p. HK Fire Ins. $250 a International Assce. Sh.$31⁄4
Shipping
Douglases $36 ́n: H.K. Steamboats $4 n. Indo-Chinas (Pre), $30 n Indo-Chinas (Def.) $20 Shells (Bearer) 98/9 n. Union Waterboats $12 a
Docks, etc.
KK and K. Wharves $88 H.K. and W. Docks $94, b. Providents (Old) 95 cts. b. Providents (New) 20 cta. 2 Hong Kew Sh$185 m.
New Engineering Sh‡4 1. Shanghai Docks Sh.$100 n
Mining
Kailan Mining Ad. 11/3 1 Langkats (Single) Sh.$8 n. S'hai Exploration Sh.84 Shanghai Loans. Sh Raubs $104.
Venz: Goldfield $44 b. Antamoks $4.45 5. $474 82. Ataks 63 cts. h. Baguio Gold 26 ets. n. Balatoes $13⁄4 n
R
1.
Benguet Consolidated $18.40 n. Benguet Exploration 24 eta, b. Big Wedge 41 cts. b. Consolidated Mines 24 cts. b. Demonstration $1.07 b.. $L.06/-)
1.07 S.
Gold Creek 9 cts, n. Ipo Gold 31 eta. . Itogons $14 n.
IXL. $2 b.
Mashate 76 cts. b.
Northerns Mining 36 cts, D. Paracale Gumaus 66 cts. b. Salacots Mining 12 cts. n. San Mauricio $1.04 b.
DUTCH BANK RATE
+
Reduction Follows French Action.
FRANCE'S GESTURE PURELY PSYCHOLOGICAL
CHAIRMAN RESIGNS
Cable And Wireless Limited
C
MR. DENISON-PENDER WITHDRAWS
London, To-day. It is officially announced that fr. J. C. Denison-Pender has resigned from the chairmanship of Cable and Wireless Ltd, and that Mr. Edward Wilshaw has been elected his successor; but Mr. Denison-Pender will con- tinue to hold the position of
London, To-day. The reduction of the Nether-Governor and Managing Direc lands bankrate. which follows Cable and Wireless (Holding) tor controlling the company Tuesday's similar action by the Ltd. He also remains chairman French central institution, has.not of the associated and subsidiary surprised foreign exchange an companies within the group. |thorities, who regard the meESUZE
The official statement say's
as
as purely orthodox, in view of the the initial stages of Cable and virtual cessation of the capital wireless Ltd. are past and the
outflow from Holland.
THREE YEARS TO PAT
HIS DEBT
A man who walked into Shore- ditch County Court yesterday aid- ed by crutches said he was a crip-. ple for life. He offered to pay debt by monthly instalments of 25. Bis weekly earnings, be said, averaged 35s, and he had a wife and two children to main- tain.
Judge Lilley remarked that 2s a month would mean about three years to clear off the debt
Plaintiff's counsel: My clients are willing to accept 2s a month.
Judge Lilley, making an order accordingly, remarked, "That is very good of them."
LOCAL DOLLAR STEADY
*
Silver Prices Rise
WELL-KNOWN INDIAN PASSES
Mr. Moosa Mohammed
LARGE MUSLIM GATHERING
AT FUNERAL
The funeral took place at the Mohammedan Cemetery, Happy, Vally, yesterday afternoon, of Mr. Mooss Mohamed, arrell-known member of the Indian community, who passed away yesterday morn- ing, after a brief illness, at his residence, No. 51 Sharp Street West. Maulvi Mohammed Noor conducted the service.
The deceased, who was 66 years of age, was educated at Queen's College. Upon leaving school. he joined Messrs. Deacons, with whom he worked for several years. He then transferred his services -to Mesars. Douglas, Lapraik and The local dollar is steady. Company, remaining there for situation should be re-examined, opening on demand this morning about 25 years when he resigned, Insofar as the Bank of France Mr. Denison-Pender feels that he at 1/3-5/16d.
jon account of bad eyesight, and is concerned, the opinion is ex has achieved what he has been
"Spot" ailver rose 3/16 to 19- went to Shanghai to join his bro pressed that the lower bankrate trying to do for the past four 13/16 while "forward" also rose ther, with whom he stayed for s cannot be taken as an indication:
number of years. years since he has been the Gov-3/16 to 19-13/16.
He returned to ļof an improvement in the GOLF-
The London on New York cross-the Colony about two years ago. ernment-approved chairman of the try's financial situation, but merc-
rate was quoted at S-U.S.$5.0233, He leaves two sisters. fly as a Governmental gesture for
In order to facilitate the new
as compared with US$5.01- Amongst the large gathering improving the psychology of the
were Dr. H. el Arculli, on Present arrangement Sir Norman Leslie 11/16, while the New York French public.
London cross-rate was quoted at Mr. S. R. Curreem, Mr. Abdul has resigned-Reuter
4—U.S.$5.02-7/16, · ១៧ compared Curreem, Mr. F. M. él Arculli, Mr. - with £-U.S.$5.02
and Mrs. R. G. Markar, Mr. and Mrs. C. G. Markar, Mr. and Mrs. A. G: Markar, Mr. J. S. Ackber..
H. Madar, Mr. M. P. Madar, Mr. A. R. Minu ¡Mr. A. R. Dallah, Mr. A 0.
It is pointed out, moreover, that| ever since taking office the French
company.
Government has been awaiting an COMMODITY PRICES
opportunity for initiating its cheap money policy, which forms;
4.7
The following quotations have essential part of its pro- been received by Reuter:-
gramme, as is shown by the im
pending issue of "Baby Bonds,”
Prev, Yesterday
Closing Closing
the yield on which is believed to New York Cotton: [be 21⁄2 per cent.-Reuter,
July
DUTCH BANK RATE REDUCED October
12.20 12.07
December Amsterdam: The Nederlandsche January Handelsbank has reduced the dis-March count rate by 4 per cent.
to 4 May per cent-Trans-Ocean Service.
Spot New York Rubber:
NEW YORK SHARE July
MARKET
Highest Prices Of Year Foreseen INCREASED SPECULATIVE'
ACTIVITY
COTTON TARIFF Mr. A. Butt. Mr. A.
BOARD
New Duties Scheduled Madar. Mr A. R. Arab, Mr. S.
For India
Simia, To-day.
of
Ismail, Mr. S. Sepher, Mr. U. Rum- jahn, Mr. A. R. H. Esmail, Mr. M. Razack, and many others.
NOTIFIABLE DISEASES
The Government of India has) announced the acceptance the following recommendations
Two cases (with two deaths) of of the Cotton Tariff Board and diphtheria, eight cases (with two a notification will be issued giv-deaths) of enteric fever, two cases ing effect to them" to-day:- (with two deaths) of measles, four
(1) The duty on plain grey cotton cases (with two deaths) of cerebro-- piecegoods will be reduced from 25 spinal fever, one case (with one per cent ad valorem or 4 annas per death) of puerperal fever and 53 ib, whichever is higher, to 25 per
cent ad valorem or 3% annus per the deaths from tuberculosis were re- whichever is higher;
ported to the local Health authori-
11.50 1150
·11.44 1146 11.43 11.47
11.46 11.48 11.52 11.52 12.25 12.16
September October ¿December
January March
May
16.01 16.00 16.13 16.12 16.16n 16.15m 16.24 16.23 16.280 16.272 16.36 16.35a 16.46
16.431
Chicago Wheat: July
953
953%
20 per cent. ad valorem;
964
9614
973%
97%
"
be unchanged-Reuter.
66
67
6434.
654
$3 832 84
844
84%
ed on Tuesday.
September December Chicago Corn: Messrs. White, Weld and Com-
July pany, New York Correspondents
September for Messrs S. E. Levy and Com-
Winnipeg Wheat: pany, report:-
July "Stocks:-The action of the market to-day in ignoring the December
¡October
United Paracale $1.07 b.. $1.04/-) "Iron Age" story of unfavourable!
1.07 sa Universal Explor 17 s. n.
Lands, Hotels, etc.
Suyoc Consol, 34 cts. b.
*
Debenturèsition of 4%
HK. and S Hotels $4
$4.40/42 sa. H.K. Lands $30.90a. H.K. Lands 100% b. Shanghai Lands Sh.$12 m. Metropolitan Lands Sh. $10 Humphreys $8.55 m. HK Realties $42 Chinese Estates $80 n. China Realties Sh.34 n. China Debentures Sh$60 1. Public Utilities
H.K. Tramways $10% b. Peak Trams (old) 61⁄2 Peak Trams (new) $2 Star Ferries $862 Yaumati Ferries $20 n. ⠀⠀.. C. Lights (old) $10.50 b. C. Lights (new) $7.70 n.
K. Electrics $50.. Macao Electrics $18. Sandakan Lights $8.30 mi Telephones (old) $25 n. Telephones (new) $8% 3. China Bases Sh$11 - Singapore Tractions 30/- b. Singapore Pre£ 28/-
Industriais
Malabon Sugars 392 b. Cald, Mieg. (Ord) Sh$19% Cald. Macy. (Pref.) Sh$15 Canton Ices $13⁄4% x. Cements $9 b., $8.80 sa HK Ropes $3.90
Stares, etc Dairy Farms $194 Lane, Crawforda $6% 1. Watsons $3:45;n.
Mackintoshs 35 n. Staceres $1.70 a. Wm Powells 40 ctx. n. Wing On (HE) $50.
Cotton Mills
ISLAND
Feet
Victoria Peak Signal Station
1,873
1,774
Mr. Parker
Ewo Cottons Sh.48 m.
1,734
Mountain "Lodge
1,725
Shanghai Cottons
The Eyrie.
$70 22
1,720
Peak Hotel
1,305 877
Bowen Bond (filterbeds) 297
-MAINLAND
Feet
Teimoshan
8,124
Kowloon Peak
1,971
Mt. Davis
jlong-term outlook for steel as well las North-West drought reports in- dicates increased speculative sc- b.tivity. This may bring about the highest prices for the year in industrial averages in anticipa- excellent second-quarter reports, particularly in motors We favour this group and also oil issues for a move into higher prices, but we would advise cau tion if railroad stocks fail to fol- low the rise. Business done:—|| (1,240,000 shares.
(old) Sh.
(new) Sh
Shanghai Cottons
$391⁄2 1 Zoong, Sings Sh.$18 n. Wing On Textiles Sh.$25 a
Miscellaneous
Entertainments $2.90 0. S. C. Enterprises $1.25 m. Macao "Greyhound.” 32 z Constructions (old) $1%%% 1 Constructions (new) 30 cia. b.
1. "Cotton:-A forecast of the weather indicates more showers in the East, which is likely to stimulate some selling. The week- ly weather report is mostly fav ourable. There is some talk of moderate Government loan cotton releases shortly. With profit-tak- ing subsiding, we would enter the market with purchases on a scale down. The first tender day? for cotton is Thursday.
"Grains:-There have been no rains overnight and no relief is indicated.
"Flash: The first tender day! for rubber and also for copper is Monday.
The Gold Dust Corporation has declared a dividend of 15 cents per share. The Westinghouse] Electric Company has declared a dividend of $1.00 per share: The Consolidated Oil Company gg_de- clared a quarterly dividen s cents per share.
Average crude oil production during the past week is estimated xt 2,963,000 barrels as compared with 2,971,000 barrels the pre- {vious week.
The Edison Electric Institute estimates electricity production at [2,005,000,000 kw., an increase] of 13.0 per cent over the corres- panding period of last year.
Vibro Piling $24
Ch. "Govt. 6% · 1925° G$Bds.
9374
HK Govt 4% Loan 7% prem
ELK Govt 34% Loan 1%
premi į
Wallace Harpers 34 a
83*4
(2) The duty on bordered grey (Continued at foot of Preceding bleached and coloured (other than prints) will be reduced to
piecegoods
(3) The duty on cotton yarns will
(Continued from Next Column)
Q4
Column)
POSITION WANTED
POSITION WANTED-British en- gineer. B.Sc. Experience workshop ties during the week ended Saturday last. Two cases of en- Cantonese, Mandarin.
management and Teaching, Speaks Good recom-
teric fever and one of measles were mendations go anywhere. Apply Box reported during the 48 hours end-No. 734 c/o “China Mail"
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