BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital ......$50,000,000 issed and Fully-Paid-up 20,000,000

Sterling $ 3,500,000 Hong Kong Currency

Reserve $10,000,000 Esserva Liability of Pro-

$20,000,000

RELAD OFFICE, HONG KONG,

BOARD OF DIRECTORS. Bon, Mr. J. J. Paterson. -

Chairtoon

G. Miskin Esq.,

Deputy Chairman.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

Incorporated by Royal Charter, 1553

HEAD OFFICE: LONDON

|Paid-up Capital

Reserve Fund

£3,000,000 £3,000,000

.£$,000,000

| Reserve Liability of Pro-

prietors

Agencies and Branches;

مناهما

Sangdon

محسنة

Semarang Saba

|kar Star

Heilo

Abarstomat

Ipok

Bangkok

Sarnoki

Kang

Bombay

Kobe

Shanghai

Caloatin Cantoo

Karla Lumpur

Kushing

Modras

Colombo

Xadan

Hob, Mr. M. T. Johnson,

A. Plummer Engaphone Hamburg Hasi A. L Shields Esq. Barbin

New York Ziging

Peking)

bungagors Nadia wa

Spraye Isiping

Tongka

Takingtao Yokois Zamboanga

V. M. Gryburn, Esq.

How. Mr. W. Ball, J.R. Masson Esq., Cawnpore AE Compton Esq., T. E. Pearce Eng.Cebu Ho. Kr. S. A. Dodwell,

ESY LANGEOR

BOMBAY

CANTON

CHEFOO

COLOXB

Chini Kuonger.

BRANCHES -

LUSION

LIGNS MALACCA MANILA

XUEDES

PEIPINO PENANG BASGUOK

SAN FRANCISCO

SHANGHAI

MAGANZE

SUURABAYA

SUNGHI PATANI

TIENTSIN

SEW YORK

DAINING JOOCHOW HAIPHONG

RAMBURG

BANKOW HAMBIN

HUNGSEW

LOIZA

TUE

EUR

EX

LOVIOUR

CUALA LUMPUR

TUKTU

TRINGTAU YOKUHAMA

.

Ouerunt Locouche spened in Loană Currency and Blind Depresia semead for one year or shaver eurale in Local Currency and blärung on tarina which will be quoted on apucation.

4580 13 10 dan BAFE SEPOSIT BOLES 12 kachu m TO LIT.

Hong Kong, 24th February, 1335.

HONG KONG SAVINGS BANK

The Buses of the above Beat in conduc D

by the HONG KONG AND SHANGHU KENG CORPORATION. Hasina may VANÉ OG appimaton.

FOR THE HONG KONG AND BHANGKA BANKING CORPORATION.

V.GBAIBGEN,

Chit Manager.

Hong Kong, 24th February, 1936.

THE BANK OF EAST ASIA, LTD.

Laskerzzet Capita, mamataas Pud-up Capital

-$16,000,300,00

5,50,500.00

ve and Godivided Fročiară 2,580,38557

HEAD OFFICE-ROSO LONG.

10 De Vaux Road, Cacárak. BOARD OF DIRECTOES:—

Hon. Siz Shou-son Chow, Chairman. La Foon Chen, Z., P. Kok E, Wong hang, Leg. Vieng Các ban, Ing, and Xan lim

Kan Thng 26. Eng., Chież Kaun T The 700g. Kaqu Manogue, BRANCHES AND AGENCA 8--

Bombay

Mannin Melbosta

peng

No

Canson

Ouka Patia

Baadioe Combuls Kabe Lawlows Levadia

Penns Beagoo

An

Shangha

bigpon

Barabaya

day

Laibalen

Thondak

Tokyo San Francisco - Vancouver Yokohama

Every inception of Booking and Exchange Loans granted on approvd Sagazanan temacie.

Carrascous opened in Local Currency and Fixed Deposite ressed for DE JANE C shorter pacioda in Looks mad Farmiga Currencies as seems which will be quoted on applic

Вале Верона Вохме 10

KAN TONG PO.

LIMITED

THE CHINA MAIL, SATURDAY, JULY 25, 1936-?

Commerce and

Finance.

Local Share Market

H. K. Stock Exchange Weekly Report issued at 3.15 pm yester- day.

The turnover in. shares during the week has been very much

NEW YORK SHARE: MARKET

Strong Opening Displayed

ADVANCE NOT CARRIED

THROUGH

for

· STAMP ECOLLECTORS

By A. E. L

Value. 2 c.

Printed. 2,568,780

Total Sales..

1,386,819

· 144,900

139,016

35,067

77,913

greater than for some time past/weekly share report and market favourable acceptance of Go-issues of postage stamps have not sold, it may interest our readers

Foreign Exchange and General Beaking busom. het turned quiet and the turnover the

was rather restricted.

trazaarmad.

Tout

issued at noon

2 t. 24,000 12.c.

11,400 *

*

$ c 13,500

c.

10,200

***

Messrs. White, Weld and Com- pany. New York Correspondeats TN one or two instances recently, Messrs. Harriman's

for Messeo. S. E. Levy and Com- considerable confusion has Weekly Report

pariy, report:-

6 c. been caused among collectors by StocksThe strong opening of the fact that the printers respon-

12.c

103,500 Messrs. G. A. Harriman & Co-the market to-day reflected the sible for the production of new

24 c.

$9,2:20 Out of the above quantities jernor Landon's speech. The ad-troubled to space the pins which to learn that the following were with strong review The week opened

to-day vance was not carried through make a single row of perforation the numbers sold in London by buyers in all stocks the strength

but very ballish earnings and di-holes, with absolute accarac the Crown Agents:- Friday states:- maintained was

until

vidend actions were reported after throughout the length of the row. when although prices did not re-

ithe close. This may restore the Imagine for a moment that you General cheerfulness pervaded jeede to any great extent the mar

upward trend temporarily, fur-have before you a complete sheet share

market through-ther deferring a technical

reac of stamps. Tear it into vertical

Canada-It is stated that

Current Locusta opened and Fraud Deposit

under the period

re-¿tion.

Business done:-1,320,000 strips and take one such strip and 12,370,000 were printed of the 3 c. ostred for one year de shorter periods ez mian | Bertuch will be quoted on application.

During the week Trams have view and the awakening interest.(shares.

measure the perforations on one Cartier commemorative. İ. The Bank's Mead Uthos in Leodou undertakes

North-West, side of the strip. Perhaps the unders risen from $11 to $1215, Hotels discernible last week in local de- Executor and Trustee bual

weather conditions are generally gauge will give the perforation as NOVINY

Cook Islands-It is announced |scriptions, developed into a wide-fair, with some scattered showers. 13 along the vertical side of one officially that the New Zealand 25. Sertus wont say de mouriained at say of we from $4.30 to $5,13, Wharves $87, Agencite und Brumahan.

to $93, Electrics $50 to $32, Cha

gener. In Canada, dryness Lights $10.60 to $113, Star Fer-ispread demand.

continues-stamp in the strip, but when you 2s. 6d. 35. 58, 10s, and $1 stamps be attributed prin- Corn erop estimates are now aver-measure another Fries $354% to $89.

buying can

Stamp further overprinted "Rarotonga" will be 40 per cent lower, down, you may cipally to the recent political aging about

get a gauge of withdrawn on July 14 and replaced Manila has been steady all week

but higher prices are likely to early 13. This is quite all by the same stamps overprinted and closes higher than last week. developments in Canton which bring about competitive foreign right when you have the strip be "Cook Islands." This change has THE CHINA & SOUTH SEA BANK, The market is described as arm. events are expected to improve offerings. Total sales of wheat: fore you and if you trouble to test been made because the old over-

Benguet Consolidated were the business

in' this Colony. The-39,342,000 bushela.

the line of perforation holes at print is considered misleading now, main feature of Friday's market first effects of the change of re- Cotton: The East has exper+various parts of its length. Sup- that Cook Islands stamps are used. having moved from Ps. 1260 10 gime in the Kwangtung Capital fenced some scattered showers, pose, however, that that strip by all post offices in the Cook

have been reflected in the sharp but the West belt is dry. The forms part of the stock of a dealer Islands Group. drop in Hong Kong exchange. this market is indecisive and traders and that he breaks it up into sin-| decline giving a further impetus are slightly bullish.

10

British Income Tax overpaid, ou

A. ERBARLEY,

Manager. Hong Kong, 1st January, 1935.

LIMITED

(Incorporated in China) "Head Office-Shanghal

Capital Eeserve

$7,500,000.00 $1,500,000.00 Branches-All Important Cities in

China.

Farsign, Kimmage and Qanseni Banking Business tranmcted.

Current and Baring Accounts 'opeaně mad. Fixed Į Depostas received for one year of shorter paneda mă cases wok will be quoted on appluation.

BOU Z. CHANG,

Macage.

LIONG KONG BRANCH 36. Deu Faux Road, Castes). Manngut's Otien Korg Exssange Dept women in the fingerprin

Caster's UMD spa

IN IMS

THE-WING ON BANK, LTD.

Head Office: Hong Kong. 26, Des Voeux Road Central. Authorised Capital $10,000,000 LONDON BANKERS:—. Westminster Bank, Ltd. Foreign Exchange and every des- cripton of banking business transact- ed.

Current Accounts and Savings Ac- Fixed Deposita re- caived at rates which will be quoted on application.

Trusteeship & Executorship under- |taken. Safe Deposit Bamse for hire.

PHILIP GOCK CHEN

Chief Manager.

THE

AMERICAN EXPRESS COMPANY, INC. Incorporated with Limited Liability in UEA

Head Office: 65, Broadway, New York

Aniwacy theon Jasad

عليمات

Ps. 19.

BUSINESS DONE DURING

THE WEEK.

Wharves $57, $89, $90, $91.

This

Grains:-la the

*

*

*

of the

gles and sends them out to vari

Egypt.-Stocks of the late King to the improvement in local equity Flash:-The Chrysler Motorous customers. He may have fail-Fuad stamps are expected to shares. Banks and Unions im-Company has declared a dividended to check the perfs all the way last for about six months, so that Hong Kong Banks $1,575, $1,585 proved (as exchange fell) to $1585 of $4 per share.

along, relying on the wonted act is unlikely that new stamps with Canton Insurances $235, $260,

and $540 buyers respectively. The International Union Insurances $515. $522 Utilities were

Harvester curacy of the printers, and in his King Farouk's portrait will begin. in very good de- Company has declared a dividend catalogue he describes the perf. as arriving before the end $425, $330.

mand. Trams reaching $12 of 62-1/2 cents per share, plus an 13. Immediately he begins to re. Fear. We understand that there Electrics 51%. Telephones (old) extra dividend of 97-1/2 cents for ceive letters from customers who will be no mourning stamps. H. K. & W. Docks $14, $144, $15

$27 and 274 cum. Star Ferries the second-quarter.

have bought stamps from other Providents (012) $1.10, $11⁄4were transacted at $89 and Lights

The Simmons Company has de- portions of the strip, saying that $1.30, $145, $1, $1.60, $1-55-(old) had active exchanges from clared a dividend of 30 cents per the perf. is 13. If he is not very Hoteis $130, $460, 61.90, $155, $10/60 up to $11.75. China Lights share.

much on his guard, he may con- $5.05, $5.15.

(new) came in for enquiry up to

The American Railway Associatent himself with checking up the $814 and Yaumati Ferries tion estimates carloadings at 720,- perfs. of another single specimen There'000 cars, an increase of 128,000 from his stock and, on finding that

Lands 330%. $30, $31.

are

Tramways $11%, $1135, 31L60,

$11.80, $11.85 $11.70, $1131saleable at $19.60 or near.

is also some enquiry for Sandakan cars, from the corresponding per- this is perf. 134, he immediately $11.85, $12 $12.15.

Lights. Wharfs were eargerly tod of last year. Star Ferries $90, $59. Yaumati Ferries $19.20, $134. sought for and taken up to $31.

closing buyers $1 better. China Lights (Old) $10.70, $10.90, $10.95, $11, $11-15,

$11.30, $112, $1134. China Lights (New) $7.60. Electrics. $50.15, $50 $51

$51, $5152. Telephones (Old) $26.40, $26.50,

$27,-$27411 Cements $9, $9.15, $9.20, $93%. H. K Ropes $32.

Dairy Farms $20, $20. Watsons $3, $3.10, $3.40. $3.45. Baubs $1L6O.

Ewo Cottons Sh. $8.

Ch. Govt. 5% G. $ Bonds 90%

Antamoks $5.15, $4.92, $5. Baguio Gold 37 cts, 65 cts,

cts.

Benguet Exploration 34 cts. Consolidated Lines 54 cts. .U.S.$6,096,000.00 2,240,344.38

Demonstrations $1.36, $1.29, 897,612.65

Cand Manag.

Capital Surplus Beserves

BRANCHES:-

Montreux Kilas Now Naples

Berlin Bombay Heaco

Cate

Colombe

Zdubongh

GERATE

Lo

LoaJos Laserpool L Legion Last

Koola Carlo Mamita

Pipe Botteriam Batte Shangbal

THE YOKOHAMA "SPECIE BANK Asterdam

Fatablished 1880

Capital (full paid-up) Yen 100,000,000 Br

Yen 129,150,000 Eserve Fund

Head Office: YOKOHAMA

Branches and Agencies at

Groce "ilangow

The Hagon

Harana Hamburg Raidalberg

Alexandesm

Bangkok

Batavia

Navy

Berlin

Bomber

Calcutta

Canton

New York Osaka reiping

Dairen (Dainy) Rangoon Fengtien (Mukden) Rio de Janeiro Hamburg

Bankow

San Franciaco Seattle

Semarang

Shanghote

Singapore Sourabaya Sydney

Tokyo

Tsingtan Yingkow

معونت

Mnich

Bagthampton Singapore

Viande

Venlos Yokobarns Zatrick

$147, $145/146...

I. X. L. $2.95, $3.

Hong Kong Docks rose to $15 and Pro-

SWIMMING GALA

AT Y.M.C.A.

(Continued from "Page 41

jalters his catalogue listing, where- jupon collectors who have stamps The Medley Relay was another

perforated 13 at once write rude very close affair with the latters asking him what he thinks just having the edge on the others, although before "Bob" Selk took

vidents (old) were heavily traded COMMODITY PRICES he is doing!

are now

The ideal dealer would of course of for the 25 yards under-water,

The following quotations have have spotted the varying gauge they were placed last. The "H"- at once (but it takes a lot of time/man-fish," - however, carried the Pret. Yesterday to go all over a sheet of stamps "home" team to victory with a Closing Closing for possible irregularities) and fine effort. -

in from 31.05 to $1.60, closing $1.50 buyers. Cements have im- proved to closing quotation of been received by Beuter: $9.25/9.35 after reported sales at $9.45 and Ropes, after long

New York Cotton neglect came to business $3.50, at which figures there July

sellers. 'Hotels were October raised by keen bidders to $5.05. December Realtys are wanted round $4.30 January and Hong Kong Lands at 31 March after sales at this figure. Firm Spot Dairys can be placed at $2012 May

the New York Rubber: and active" best describes Philippine mining section, in July which a large turnover of shares September has taken place. Antamoks had October dealings at $5.15 and later at December.

13.14 13.43

12.29

12.36

12.22

12.28

12.22

12.29

12.20

12.29

12.20

12.27

13.12

13.16

New Examples.

would have listed the stamps as. The water-polo games were very "Perf. 13 to 134, thus saving well contested, Frank Read again. himself a great deal of trouble. came into the picture with a good

opening goal for the "B" team Examples of perforations vary.who ultimately won by 3 goals to ing in the same row have recently L Play was fairly fast, but the come to light in the current pic "A" team defence were unable to torials of New Zealand and Kenya, send the ball up to their oppon- Uganda and Tanganyika, and have enta goalmouth, resulting in a proved quite a nuisance, even if wasted first half. However, per- they have not caused as much sistent attacking in the second. trouble as is suggested in the in-period led to the "A" team's only goal, when Read inadvertently de- aginary picture given above.

to the flected the ball into his own net

made-

The difficulty is that, 16.52 Printers, such small differences in from a free throw.

The second strings were the spacing of the pins have no importance whatever, so that col-up mostly of novices at the game lectors must expect to be faced and a few of the players who took with discrepancies of this kind in part in the first game and again future, if there is no practical rea-resulted in a win for the "g": son for the printer to space his pins exactly, and I am afraid no such practical reason exists.

16.36

16.291 16.392 16.32

Masbate 86 cts., 90 cts., 94 cts..

95 cts.

Paracale Gumaus 65 cts., 64 cts.]

65 cts.

$1.33, $1.35, $2.40, $141, $1.45 $492, with closing sales at $5. January

Baguio Gold eased to 36 cts. and March came up again to 39 cts. Benguet May Consolidated improved consider- ably to a closing rate of $20. Big Chicago Wheat: Wedge shed a few points to 62 cts. July buyers. Demonstrations

16.41n 16.350 16.50

16.42 16.52m 16.150 16.58 16.69

16.62

were September

San

Mauricio $1,36, $147, $1.47.

active between $1.26 and $147,

December

105 103 105% 103 10532

104%

51.44.

Suyoc Consol. 55 ets. United Paracale: $132,

closing buyers at $1.42. San Man- Chicago Coraz ricios shewed steady improvement September $122, and were placed up to $1.48 and December

Suyoc. were active between 52 cts.

8934

8238

874 80%

and 55 ets. United Paracales Winnipeg Wheat: after early weakness and sales July down to $1.22, close better at $1.32 bid.

Business has been transactedĮ

94

October December

94*

9234

934

92.

$124, 31.28, $137.

Branches of American Express CHANGES (3.15 p.m.) CLOSING

Company in Principal cities of United States of America and Canada.

All classes of Commercial Banking Transactions undertaken.

Personal investment accounts hand- lød. -

The Company offers to intending Travellers the use of its "Travellers -Cheques" and Letters of Credit and, addition, the world-wide services: in of its thoroughly equipped Treval Departmenta

erest allowed for Current Ac- Deposits received for fixed perioda

on Applica state to be obtained

G. KISHINAMI,

Manager.

Hong Kong, 3rd July, 1936.

THE

SHANGHAI COMMERCIAL & SAVINGS BANK” LIMITED

(Incorporated in China) (2)

Capital paid up $5,000,000. Eeserves

27:590-000.

Capital Savings Dept. $500,000. Reserve Savings Dept $600,000,

Head-Ones Shangha

A Bank having as sta minion. the Industrial development c China and the fostering of her openmgreisi peletions abroad. Hong Kong Offering wheth 6. Queen's Road Central Phone 21111

C. H. HENSON,

General Manager.

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE:

15. Gamaschwick Street, Lobkou. Z.GA Authorized Capital 23,000,000 Subscribed Capital

- Paid-up - Capital ............. 1,050,000 Eeserve Fund & Rest 1,247,830 BEST The Ball me Topland te Kitland Back, Las

BRANCHES :-

Bombay

Lindy Xaract

Colou

عالمي

Hung. Loog

New York Penang Port Lo

{179ala Tiple -264-Rangoon,

Mars Lamper

Lepanian, Falang), Stunda.,

PACKING KONG BRANGILE,

• Everf · čimetysjon" of "Basicing" med "Exchmiary

„Trustee and Ensostorskipa

|Brad Deposits" states. Shes Chely

Gunn's Rail, Central

QUOTATIONS

BUYERS

Union Insurances. $540. Wharres $93. Hotels $5.05. Lands $31%

Benguet Consolidated $20%. Suyoc Consol. 54 cts.

SELLERS

Baguio Gold 39 ctal

SALES

Eteis $5.05/5.15. Providents (Old) $1.60/1.55, Tramways $12.15, Watsons $345.

Demonstrations $1:45/1.46. Masbate Consol 95 cts.

MANILA CLOSING SALES

Antamoks P. 3.20. Atoks, 541⁄2 evoS. Baguio Gold 241⁄2 cvos. Benguet Consolidated P. 15.50. Benguet Exploration 211⁄2 cvoG. Big Wedge 33 eros. Demonstrations 91 ±vos. LXL P195.

Itogons P.120.

Masbato 60 erOS Northern Mining 22 evon. Paracale Gumans 41 cvos, San Mauricio 95 cro8. Sujo Consol 331⁄2 evo United Paracale 85 evos.

*

*

#

Forgeries Important Warning

team.

East Lancs. Half Mile Event

The only other outstanding event during the past week's the East Lan- The editors of Costa Rica Filare. Swimming was 93lica have recently seen in quantity championship which was won by cashire Regiment's half mile

during the week at the following H.K. SHAREBROKERS"

prices

Hong Kong Banks $1575/1585

·CKER.

Unions $515, $525, and $530. Trams $114. $11.65, $11.85, and!

$12.00.

Star Ferries $89, and $90. Electrics $50 $51, and $51. Lights (old) $10.70, $10.90, SIL,

$11.15, $11.30, and $114. Telephones (old) $26.40, $27,

and $27 cum. Wharfs $89, $90; and $91 Providents (old) $1.10, $1%

-$130, $145, and $1.60. Hotels $430, $4.60, $4.90, and

$5:05

Lands $30 $3034, and $31. Cements $9, $9.15, 49.30, and

$97/2

Ropes $3.50."

Dairies 120, and $20%. Ewor $8.

ASSOCIATION

Stock Report

very dangerous counterfeits of the following Costa Rican Air Mail Pte. Taylor of "A" Company in |12 mins. 55 4/5 secs-17-2/5 secs. stamps all in used condition: better than Pte Lovack of D (S)

Gibbons No.

Company, who finished third. Pte. 186

Hulme of "A" Company was 37 1862

seconds behind Lovack for third place...

10 c. carmine-rose

5. c. on 10c brown

20-c. on 50 c. blue.

157

40 c. on 50 c. blue..... 138.

The forgers apparently availed themselves of used telegraph. report was issued stamps, on which the surcharge The following by the Hong Kong Sharebrokers' has been applied either on single Association.

stamps or on pairs. On many of Providents Old $1.45 ..$1.55 s, the stamps the surcharge has been.

$1.55/60

Providents New 15. cts. b. Hotels $5.10 8. Lands $31, b

Land Debentures $103 b.

Telephones Old C.. $27.10

27 82.

Lights Old $11.70 &." Cements $9.40.8, $945/30 sa. Ropes 332 a 31⁄2-34- Dairy Farms $20 b. Atoks 90 cts. sa,

LXL $3.20 52

Paracale Gumaus 65 cta Salacots 113 ets: b.

CHURCHES

japplied too heavily and con- FIRST CHURCH OF CHRIST,

sequently shows an albino imprint

on the back. In addition, as tele-

graph. stamps are heavily

SCIENTIST

(A Branch of the Mother- celled, the stamps were washed Church, The First Church of and invariably show streaks of the Christ, Scientist, in Boston, Mass). bluish black cancelling ink on the

Macdonnell Road, below Bowent

back. Any of these stamps show Road Tram Station. Ma ing the bluish streaks on the buck

should be rejected as forgeries.

*

Hong Kong The old 6. c. stamp i

Sunday Service: 11.15 AL. Sunday School: 10 am. Subject: TRUTH”.

Testimony Meeting:

(S. G. 103a) on Multiple Crown days, 6 pa

Wedues--

A paper is still current, but we Reading Room is located at learn from the Post Office that above address and is open: San Mauricio $147 b.

|“remaining stock is small and as Monday and Thursday: 5.30 to- Santa Rosa 04 cts., 04, cts, sa. far as can be seen, at present fur-17 p.m. and¦ Suyoka 53 eta, b.

ther supplies will not be printed”1 Tue-ény, and Friday: 10 to 12′′ United Paracales $1.33 b., $1.34 In any case the Script paper would noon.

Baguio, Gold-40/41 cta, sa Trams $12.20 sa

Antamoks 5.15, $4.92,” and $5. Baguios 37 and EL CILE Consolidated Mines 5%

-50% ets. "Demonstrations

$1.40, $1,41 and San Mauricios..

$145, and 3148 United Paracales. $1,36, and $137.

$1.35

24, Benguet, Exp. 34/35 ca să Demonstrations: $2,45,5

be used for a new printing.coAll authorised Christian Science - Literature is available at the British Guiana Therinting Reading Room A and total sales figures of the Jabi-ji: The Public is cordially invited lee stamps of this Colory, are as to attend the Service and visit the - follows:

ten

Reading Room,

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