BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorised Capital ..$50,090,000 led and Fully-Paid-up 20,000,000. "Kaberve Funds:
Berling
£4,500,000
Hong Kong Currency
Reserve $10,000,000 Beware Liability of Pro-
gciators
·HIAD OFFICE; HONG KONG.
BOARD OF DIRECTORS.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA
Incorporated by Royal Charter, 1853. HEAD OFFICE: LONDON
Agencies and Branches:
100
Alang
Paid-up Capital ...
Reserve Fund
$3,000,000 $3,000,000
Reserve Lisbity of Pro-
$20,000,000
prietors
$3,000,000
Alor Dear
·
Amiens
Rangoon Saiton
koztak
1
Hominy
Seremban
Shangha
Calcutta Canton
Kosla Lumpur
Auching
bgapore Bikira
Cawapre
Madras
Hastie
Madan
Tuping Beat
Delhi
New Look
bisphong Hamburg
Paiping
Pociag
Penang
Hon. Mr. J. J. Paterson. Chairman
G. Miskin Esq.
Deputy ChairLAR.
on. W.E. Ball inch 02 Eiga cứu LE Compton Esq. T. E. Pearce. Esq. Colabo Mom Mr. S. H. Dodwall,
J. A. Plummer Eas M. Johnson Esq., A.LA Shrelda Esq. HATING
ΑΜΟΣ
V. M. Grayburn, Esq.
FUOCHOW KAIPHONG RAMBURG HASKOW HARBIY
KUILO
JUMURS
Lu82
KUWLOON
Clasf Manag
BRANCHES 1
KUALA LUMPUR
LONDON
LYUSS
MALACCA
MANILA
MUAR ATO)
MUXDES
NEW YORK
PEIPLEG
PENANG
BANKEN
SAN PRANCISCO
BHANG BAI
SINGAPORE
MUHABAYA
SUNGAI PATANI
TESTSIN
TOKYO
TSINGTAV
YOKOHAMA
Outreak Ludounia mpanad să imowal Currency and Deponha emoted 100 due your se únorine persada in Luani Gurranty and tracking DA GITTIS Then will be quound on application.
A sp to Jain sar'k "BERUDIT BOLES == now TU LEE.
Houg Sa Foreign
beacled
Bouzabaya
Tangina
(buka)
Talago
1okonsina Zarubaanga
change and General Barking business
Current donate opened and Fized Depozita ved for dan zest or shorter periods at rales I which will be quosed of appostion.
al
The Bank's Band Otics in London' undertake Esecutor and Trade Eusiness, and Chaita
Heith Lace Tax overpaid on Serian whack may be scarsained at ang of zi Agencies, and "Branchen."
Įtobavery
A BREAKLEY,
Manager.
Hong Kong, 1st January, 1935.
THE
AMERICAN EXPRESS COMPANY, INC.
Incorporated with Zamtbed Lashility in USA. Head Office 66, Broadway.
Hong Kong, 24th February, 1936. Capital
HONG KONG SAVINGS BANK
The vas of the shore Bank is conduct- pổ by the HONG KONG AND SHANGHAL FANNING CORPORATION. Bain may be shansand ga applicatio
FOR THE, LƯNG LONG AND SIZANO HAI BANKING, CUBPUKATION.
V.BAIDURS.
Chaal Manag
Hong Kong, 24th February, 1936.
THE BANK OF EAST ASIA, LTD.
JJ
Pand-up Capital
$58,006,000,00
-....................$ 6,506,000.00 urns and adidas Troie 2004
His Dan Vaux Bood, Consti
BOARD OF DIRECTORS:
Hon. Sir Shou-son Chow, Chairman. hà Hoo Chun. Eaq. P. L. Ivok. Est, Wang Bang, ing, Wang Cau tiem, kog, and Xra Long Blog.
Amy
Kan Tung Pu Eng., Chit Manager.. 24 Tas Fong, Euğu, Manager.
BRANCHES AND AGENCIES:-
Xantia
Calorisa Cachon Wamping
Keriood Temdom
Meisure
New York
معمول.
Pata
Wasing
Prong
DEBA Abangku bgapo Bourge
Sydney
chakar
fangro
Treatin
I'okyo
Das Fnacion
1ONDIAL
www..com
Surplus Bescires
New York
Groos.
U.S.$6,000,000.00 2,248,344.33 $97,512.65
BRANCHES:-
ÁDÁNÍM Antwerp
Glasgow
The Blagos
Baran
Monteux Milan
Naples
bisburg
Pisca
Haidallurg
Isterismo
Bartin
Bombay
Calcula Catunes Colamybė
London
La Farpool
Loca
Lugano
Paining Rotterdam
Southampton Bangspers
Lazzer
Dublin Elamborgh
Mosse Ceria
Munich
Vanza Vec Lakobem Zurva
Branches of American Express Company in Principal cities of United States of America and Canada.
All classes of Commercial Banking Transactions undertaken.
Jed.
Personal investment accounts hand-
The Company offers to intending Travellers the use of its "Travellers Chegues" and Letters of Credit and, in addition, the wazid-wide services of its thoroughly equipped Travel Department
C. K. BENSON,
General Manager.
Every demorgan of Booking and Exchange THE CHINA & SOUTH SEA BANK.
kasinoes transacted. Lows gálad on soproved
Charact
kacoupie opened in Lossi. Currant and Fized Deputie served for com, Just a saarne pociode in Looni and Farwigs Curentun
•ne more which will be quosad do "eppication.
Sale Depot Boxes To Let.
KANTONG PO,
Chief Magage.
THE YOKOHAMA SPECIE BANK LIMITED
Established. 1830
Capital (full paid-up) Yen.100,000,000 Reserve Fund
.Yen.129,150,000
Head Office: YOKOHAMA
Branches and Agencies'at
Nagasakci Nagoya New York
Alexandria Batavia Berlin
Bombey
Calcutta
Canton Dairen (Dainy)
Faris Peiping Rangoon
Fengtien (Maiden) Rio de Janeiro “ Kembarg
Harbin
Kong
Hong Honolulu
Los Angeles
Kobe
Lendon
Manila
Moji
San Francisco Seattle
Semarang Shanghai
Singaya
Sydney
Tientsin Tokyo
Tsingtan Yingkow
Interest allowed for Current Ac counts.
- Deposits received for fixed periods
at rates to be obtained on applica- Hon
G. KISHINAMI,
Manager.
Hong Kong, 10th March, 1986.
THE
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)
Capital paid- up $5,000,000. Reserves
· „$7,500,000.. Capital Savings Dept: $500,000. Reserve Savings Dept. $800,000. Head Office Shanghai
A Bank having as ita'minsión the industrial development on China and the fostering of her commercial
rcial relations abroad,
Hong Kong Office -
5, Queen's Road Central
LIMITED
(Incorporated in China)
Bond Office-Shanghai
Capital
Reserve Branches-A
$7,500,000.00 $1,500,000.00 Important. Cities
ท
Foreigs, Ezohange sad Gensers Banding Basicoss Cument and Bewing koments opened and Fixed Deponse mantra fer one year of aborier pecinta at egine which will he quoted na application
BOD Z. CHING,
Manage.
HONG KONG BIANCHI:
Dan Fox Bond, Coveral
Maung's Office
Foreign Erobenge Dept. sem
O O Cachum. Cros
THE WING ON BANK, LTD.
Head Office: Hong Kong 26, Des Voeux Road Central Authorised Capital $10,000,000 LONDON BANKERS:--
Westminster Bank, Ltil.****** Foreign Exchange and every des- cripton of banking business transact-
Current Accounts and Savings & comats 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.)
COASTWISE
by
"ALGIE" BENNETT.
An interesting book of Cartoons depicting "Happening" on the China Coast.
PRICE $100
Now on sale at
The Newspaper Enterprise Ltd.
China Mall Bulding,
THE CHINA MAIL THURSDAY, JULY 2, 1936
LOCAL SHARE MARKET
Commerce and Finance
TO-DAY'S QUOTATIONS
The following was the list of local share quotations issued to-day:
Banks
HE Bank $1,58234
HE Bank (London) £102... Chartered Bank $14 n. Mercantile Bank A. and
£31 11.
Mercantile Bank C. £14 a Bank of East Axia $78 1.
Insurances
NEW YORK SHARE MARKET
Firm Tone Towards Close
VOLUME OF TRADING IMPROVES
Messrs. White, Weld and Com
BURNS PHILIP &
CO, LTD.
Dividend Maintained At Teri Per Cent.
DIRECTORS REPORT
INVESTMENTS ABROAD
British Figures For S. America
on the in-
NEW ADVERTISEMENTS
NOTICE
have pleasure in annome-
Wing that Mr. G. G, BLAKE Member of the Hong Kong Share- brokers Association) is now 3350- ciated with this firm.
G. A. HARRIMAN & CO. * 11, Queen's Road Central
Stock & Sharebrokers
OPENING OF NEW HIGHWAY
Congested Area Of Whitfield Relieved
London, To-day- Replying to a question in the House of Commons yesterday the The report of the directors of President of the Board of Trade, Burns, Philp and Co., Ltd, for the Mr. Walter Runciman, said that year ended March 31, 1996, states pending the final results of the in- that the gross profit from all restigation of the geographical sources, including balance brought distribution of British capital in- forward, amounted to £999,208:
|vestments overseas, the estimated Salaries, expenses, taxation, de nominal value of British invest- preciation etc totalled £643,159 ments in 1935 in Argentina was leaving a net balance of £256,069.435,000,000; in Brazil, $190,000,- An interim dividend absorbed 000; and in other South American pany, New York Correspondents5,000 leaving £181,069. From countries £160,000,000. Dividends Bfor Messrs. S: E. Levy and Com-
this it is proposed to pay a final and interest remitted pany, report:--
dividend of 1s. per share, which restments in 1935 amounted ap- **Stocks: The market to-day will require £75,000; to transfer proximately to £8,500,000, £3,500,- was higher and a firm tone pre-to reserveTM (making the
reserve 000 and £3,250,000 respectively vailed towards the close of the £1,050,000) $50,000; charge session.
British Wireless Service. The volume of trading special depreciation of сорга was light early in the day, but plantations £25,000 leaving a bal-j improved when prices began to ance of £31,069 to be carried for advance Business done: 970,-ward. This rate of dividend has 000 shares.
been paid for several years.
New Service Established" "Wheat: There was a conThe report states that general derable amount of professionalsiness was well maintained and buying on account of reports of elded remunerative results. In increasingly bullish North-West the merchandise section sales! - crop developments. Total axles rain show a substantial increase, -21.533,000 bushels.
which is due to further expansion. "Cotton: The goods market is The copra market improved dur-} active and firmer. Trade demanding the major portion of the year trade sales in May was 72 per some parts that there was
The total value of the retailheavy motor traffic was anticipat to-day easily absorbed the heavy materially helping trading condi-
ed. So narrow was the road in
Canton Ins. $255 n. Union Ins. $525. China Underwriters $1 China Fire Ins. $462 z. H.K. Fire Ins. $250 n. International Assce. Sh.$31⁄4 1
Shipping
Douglases $36 n. H.K. Steamboats $4 s. Indo-Chinas (Pref.), $30 m. Indo-Chinas (Def.) $20 n. - Shells (Bearer) 96/3 n. Union Waterboats $12.z.
Docks, etc.
H.K. and K. Wharves $59 n. H.K. and W. Docks $10 b.
Providents
(Old) $1.05.
$1/1.05 sa. Providents (New) 20 cts. n. Hong Kew Sh.$185 m. New Engineering Sh$4 m Shanghai Docks Sh.3100 n.
Mining
Kailan Mining Ad. 11/- p Langkats (Single) Sh.$8 a. S'hai Exploration Sh.841⁄2 he Shanghai Loans Shii n- Raubs $10 -
Venz: Goldfeld $44 b. Artamoks $5/5.15 sa. Atoks 68 cts. I
Baguio Gold 27 ets. b.
Balatocs $2134 L
Benguet Consolidated $18.40
liquidations.
the long side.
RETAIL TRADE SALES
Rises Disclosed In Britain
**
Londen, To-day.
We would prefer tions in Papua and Mandated tercent higher than in May 1935, the
first four
which the tramway traffic will be To-day the new King's Road, by
diverted from the congested. Whitfield district, will come into use. The new highway, which is 100 feet in width throughout its entire length, is the finest piece of roadway in the island.
Until yesterday, trams running through the Whitfield area have caused dangerous congestion im its narrow road, which was built
ago to serve a much less populons district, and long before-
years
the
and
Washington News ritories. The market commenced rise being most marked in subur when trying to pass a tram.
danger of cars being squeezed Service states
that indices point to recede towards the end of the ban London. For the to an improved demand for
months of the trading year the "slow" signs have been in exis- raw year as a result of political dis- materials. We would buy cotton turbance in European centrès ren-i
tence there for some time. total sales were 6.9 per cent jon declines.
above those for February in 1935-ed by this congestion, and the di- Many accidents have been caus- dering the outlook uncertain.
Employment was The new passenger and cargo
8.5 per cent service to Hong Kong, Saigon,
higher than in May 1985.Britis: version of the through traffic will "Wheat: Should the drought Manila and Sandakan, via Rabau!
Wireless Service.
effect considerable improvement. in the North-West continue and and Salamaua, has now been estab- should-Canada-encounter-exces-lished.
BERLIN SHARE MARKET
The publication Standard Sta- tistics reports:-
sive dryness, we will undoubtedly witness higher prices. Messrs. J. E. Bennett and Company think
that private estimates of the RAW RUBBER PRICES
Spring wheat crop will show very bullish figures.
"Rubber: Some manufactur- Latest Quotations From ers consider that domestic sup- Benguet Exploration 28 cts. sa plies are below normal. Big Wedge 51 cts. b., 48/50 cts. tious speculative policy is advis
A cau-
$$
- Consolidated Mines 4.cts-
434 cts. Sam
Demonstration $1.09 sa Gold Creek 10 cts. b. Ipo Gold 31 cts. .. Itogons $1.65 h., SL43 sa. LXL $205 b., $210, sa Masbate 79 cts. b.
Northern Mining 36 cts. b. Paracale Gumaus.71 ets. I. Salacots Mining 12 cts. n. San Mauricio $121/1.16 sa. Sayoc Consol 34 cts. n. United Faracales $1.14
$1.18/1.14% sa. Universal Explor 24 cts.
Lands, Hotels, etc.
HK and S. Hotels $4.55 1. H.K. Lands $30 b.
H.K. Lands 4%
100% b.
table.
S
Singapore
LOCAL DOLLAR
STEADY
Silver Prices Fall
-
Berlin, To-day. Shares were jagain in brisk demand yesterday, so that firm prices ruled. Fixed- interest securities were friendly, certain gold mortgage bonds mov- ing up half a point.
Call money
The local dollar is steady, stood at 2% to 3% per cent. opening on demand this morning Trans-Ocean Service. at 1/3-5/164.
Messrs. H. B. Joseph and Ca have received the following "Spot" silver fell 1/16 to 19 7/16 quotations Straits currency while “forward” declined 1/16 to. from Singapore for Raw Rubber. 19%.
"Cotton:- South-Western pro- pects are less favourable. The weight of evidence is against an- other sharp advance and pur- chases are not advisable.
"Flash: Average
Spot production during the past week Oct./Dec.
Aug/Sept
crude oil
is estimated at 2,969,000 barrels Jan./March as compared with 2,963,000 bar-1 rels the previous week.
The Edison Electric, Institute estimates electricity production at 2,030,000,000 kw.b an increase blof 145 per cent over the corres.
ponding period of last year.
Debentures
Shanghai Lands Sh.$13 n Metropolitan, Lands Sh. $10 a. Humphreys $8.55 .
HK Realties $41⁄2 n Chinese Estates $80 n. China Realties Sh.$4 a. China Debentures Sh.$60 D
Public Utilities
H.K. Tramways $10.40 sa Peak Trams (old) 61⁄2 Peak Trams (new) $23% n Star Ferries $851⁄2 n. Yaumati Ferries $20 C. Light (old) $10.55 sa. C. Lights (new) $7% 23.
E.K. Electrics $50 b. Macao Electrics $184 Sandakan Lights $8-30 1. Telephones (old) $25
Telephones (new) $83⁄4 n. China: Bases Sh.$114 n. Singapore Tractions 32/6 b. Singapore Pref. 28/- m
COMMODITY
PRICES
The following quotations have! been received by Reuter-
Prev. Yesterday Closing Closing
New York Cotton: July [October
March
December
12.23 12.40 11.51 11.70 11.52 1170
January
.1151 1170
11.53 11.72
May
11.53
11.79
Spot
12.33
12.50
New York Rubber:
July September October
16.141 16.162
16.24 16.27a
16.270 16.30n
16.37a 16.40 16.401 16:43 16.48 16.523 16.58 16.600
9242. 93
952
96%
December Chicago Com:
95%
983%
September December
6534
674
63%
December
January March May
$25.20 Chicago Wheat:
July
*** Infristriais Malabon Sugars $9 b Cald., Macg. (Ord.) Sh4191⁄2 ¤.) Cald, Marg. (Fre£) Sh.$15_n. Canton Ices $1% - Cements $9.20 n. ELK Ropes $3.90 m.
Stores, etc.
Dairy Farms $19. Watsons $345 1 Lane, Crawfords $64 n. Mackintoshe $5. Sinceres $170 n.“ Win Powells 40 cts. n. -Wing On (EE) $50 n.
Cotton-Mila Ewo Cottins Shi‡8 n. Shanghai Cottons
$70 X Shanghai Cottons (new) Sh-
(old) Shi
Zoong Sings Sh318 n. Wing On Textiles Sh.$25 x
Miscellaneous“ Entertainments $2.90 m. S. C Enterprises 41.35 m.
September
GERMAN-SWISS CLEARING AGREEMENT
Berne. Yesterday-The German- Swiss clearing agreement of April 17, 1935, has been extended till July 7, when it is hoped that the negotiations now pending for the conclusion of a new agreement will be completed. Trans-Ocean Service.
Macao "Greyhounds” $2 n. Constructions (old) $1% 2 Constructions (new) 30 cts. b. Vibro Piling: $2.1. The Govt 5% 1925 GEBds,
93% L
HK. Govt 4% Loan 1% prem
IL Govt 3% Loan 1%%%%
prem. b. Wallace Harpers 34 i
Market:-Quiet
Buyers.
REICHSMARK QUOTATIONS
Berlin, to-day-The Reichsmazk“ was quoted yesterday without: The London on New York cross-guarantee at: New York, 40.35; rate was quoted at US$5.02, Paris, 608.50; Amsterdam, 39:215; 26% Unchanged as compared with £US$5.024, and London, 1243. ́ Paris quoted 26% Unchanged while the New York on London the Pound sterling at 75.68 to
Unchanged cross-rate was quoted at £-US-75.71, and the U.S. dollar at: 274 Unchanged $5.02 5/16, as compared with £15.0825 to 15.0862-Trans-Ocean
U.S.$5.02.
Service.
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