BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital

$50,000,000 Issued and Fully-Paid-up. 20,000,000

HEAD OFFICE. HONG KONG.

THE CHARTERED BANK OF INDIA, AUSTRALIA, & CHINA Incorporated by Royal Charter, 1830.

HEAD OFFICE: LONDON

Reserve Funds?—-~-

Sterling

.. 6,500,000

Hong Kong Currency

Paid-up Capital

Reserve

$10,000,000

Reserve Fund

53,000,000 £3,000,000

Reserve Liability of Pro-

prietors

$20,000,000

Reserve Liability of Pro-

prietors

£3,000,000

Agencies and Branches:

Alor Star

Deže

Bangoon

Amritsar Cangkua

VEGVLI

rachi

Sattierung

Zaremban

bangin

VRÍCULA

Kacking

| Gemujore

Madras

Xancia

Colo

Meden

New York

Tongkak

Hapbong

Party

Penang

BOARD OF DIRECTORS.

Hon. Mr. J. J. Paterson.

Lautner

G. Miskin Esq..

Hon. Mr. Will. Belt, J.E. Masson Esq- A. H. Compton Heq. T. E. Pearce Esq, Hon. Mr. S. M. Dodwell,

J. A. Plummer Esq. Harg

Hon. Mr. M. T. Johnson,

A. L. Shields Esq

V. M. Grayburn, Esq.

AMPOY

43A NO KOK

BATAVIA

MONDAY

CALCUTTA

CAMION

CREFING COLUMNQ

PAIELN FOUCHOW'

JAPEUNG

HAMBURG

HANKOW

HARBIN TRỌNGKEW

ILOILO

B

JUHORL

KUKE

BOWLOON

Chief Staunger.

BRANCHES-n

KUALA LUMPUR

LONDON

LIONS MALACCA MANILA NUAR (Jožor NUKDAN

NEW FORE

PLIVING YENANG

MANGOON

SAIGON

SAN FRANCISCO

SHANGHAI

SINGAPORE

SOURABAYA

SÜNGER PATANI

TIENTSIN

TUKYU

TSINGTAO

YOKOHAMA

Current Sccounts opened in Lock Currency and Fixed Deposit recred for one year or abarter pemode in Loom Currency and Starting on ana whacky will be quoted on syplication.

Mankow Barsin

Arslanetad..

·Kuala Lámpar Singapore

Delaware Sambaya Тира

(ishakum)

Thingras Tokomona * Zamboanga

Formiga, Estelangs and General Seaking bunn (N

and Fire Depa Current Accounts opened Trecacred for one your ́se skorter periode at Pacem (which will be quoted me application

The Bank's Hand Utten in London undarisk en

| Eascutor Bad Trantne busitam, and coul

recovery of Beilash Income Tax overpaid, ou torta which may be ascertained at any of sta Agencies and branches.

A BREARLEY.

Manager.

Hong Kong, 1st January, 1935.

THE CHINA & SOUTH SEA BANK, LIMITED

(Incorporated in China) Head Office-Shanghai

THE CHINA MAIL, WEDNESDAY, AUGUST 12, 1936

Commerce and Finance

"LOCAL DOLLÁR

STEADY

Silver Prices Firm

The local dollar is steady, open- ling denwand this morning

on at 1/2-13/16d.

SHARE MARKET

11

TO-DAY'S QUOTATIONS

The following was the list local share quotations issued

"Spot" silver was steady at day- 19-9/16, while "forward" was also frm at 19-9/16.

The London on New York cross- rate was quoted at -U.S.$5.02. as compared with -U.S.$5.021⁄4, while the New York on London cross-rate

L quoted at |U.S.$5.02-7/16, as compared with

£--U.S.$5.02%.

was

EXCHEQUER RETURNS

Expenditure Up And Revenue Down

London, To-day. The Exchequer returns show that the total ordinary revenue,} excluding self-balancing items, amounts to £196,554,000, compared with £209,978,354 at the corres- The ponding date of last year. total ordinary expenditure, exclu Incies Exchange and General Banking Busive of self-balancing items, is Garrett and Saving Accounts opened and Red £277,873,048, compared with £266,- HONG KONG SAVINGS BANK received for vue year of Murter periode 080,058 at the corresponding date

A1,50 up to date SAFE DEPOSIT BOXES 13 various sizes TO LET.

Capital Reserve

.$7,500,000.00 $1.500.000.00

Hong Kong, 4th February, 1986. Branches-All Important Cities in

The Best of the above Bank is conda-z-

ed by the HONG KONG AND SHANGHAI:

BANKING COEPORATION, Lules may volkleed og appiacaliac

FUE THE BONG KONG AND SHANGHAI BANKING CORPORATION.

M. GRAYBURN

Chief Mangat. Hong Kong, 24th February, 1936.

THE BANK OF EAST ASIA, LTD.

Authored Capital

Fad up tingkat kan

Love and L'odidad Prodity

..$10,000,000,00 -$5.600.00

2,885,375.54-

HEAD OFFICE-HONG KONG.

10. Des u Iwed, Central BOARD OF DIRECTORS:-

Hon. Sir Shou-son Chow, Chairman, Lihan Chu Ex P. K. Rak, Ege, Wong Sun Sung Chun Ching Shok, Esq., Li La man Bay, Wong Chu Den. Erg, and han Xing Two Love

La The Fung Him

Monger.

BRANCHES AND AGES QUEN :---

Any

Blatatis

Shanimy

KARLOG

“Manala

Министе

تحمسين سنة

Wingmano-C

Publie

ematisk

Ximoghai

New Duck

shgapore

Cheeks

3

wow

-maluža

J

Hangin

howing Loudens

Tisclai Tokyo

De L'oscincar

Batlong

Taiping

Peng

Sydney

Taiboky

Vancouver Yokohame

Every description of Baning and Exchange

Lomas Eagled· on approvoc

bow fuertendu

Current Amant opreted in Local Currency Fixed Deposita rescived for oas. Jane Dr shorter perioda an. Local and Foreza Currencies un terte wech will be quoted on application

Sander Depremi Bezen Ta tothe

KIN TONG, PO.

Chief Manager.

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1880

trazeected.

China

at nies which will be quoted_oc-applarieinart.

SOL Z. CHANG.

Nanager.

HONG KONG BRANCH:

3. Des aux Bord Central.

Kanager's Uther... .......... Tel *** Foreign Exchange Dept.

General UC Cashier's c

ぶんぷり

THE WING ON BANK, LTD.

Head Office: Hong Kong.

26. Des Voeux Road Central

Authorised Capital $10,000,000

LONDON BANKERS- Westminster Bank, Ltd.

of 1935.-British Wireless Service.

FRENCH TRADE WITH ITALY

Agreement Signed In

Rome

Rome, To-day-

An agreement has been signed between the French Ambassador,

Foreign Exchange and every-des-Comte de Chambrun, and the Ita- cription of banking business transact-lian Foreign Minister, Coun ed.

Current Accounts and Savings Ac-Ciano. for the resumption of trade counts opened Fixed Deposits re-exchanges. following the remove!) ceived at rates which will be quoted of sanctions between France and jon application.

Italy. A special clause in the Trusteeship & Executorship under-agreement provides for the ara- taker. Safe Deposit Boxes for hire. dual liquidation of the Italian commercial debts to France of (about 300,000,000 franes. -- Reu- Iter's Bulletin Service.

PHILIP GOCKCHIN, Chief Manager.

THE MERCANTILE BANK OF

INDIA, LTD..

MEAD OF FIL.

15, Gapchurch Street, London, DA,K. Authorised Capital.£3,000,000 Subscribed Capital ... 1,800,000 Paid-up Capital .. .... 1,050,000 Reserve Fund & Rest 1,247,830 BANKERS The Bank of England 4: Midland Houku Made

Bangkok

IMMIN

BRANCHES:

Ipoi

hand?

Karachi

Nola huru

Jay

CH

Colabo

Kami Zapi

Galic

Kuala Lumpur

Bow Hav Hi-ɔwradi

Madrem

Ses York Penang

(M)

Kau 20

makantiát minde

Sonageare

HONG KONG BRANCH.

Capital (full paid-up) Yen.100,000,000 g description of Batting werd Exchange Reserve Fund ..........

Yen.129,150,000

Head Office: YOKOHAMA

Alexandría

Branches and Agencies at

Moli Nagasaki

Bangick

Batavia

Berlin

Bombay

Nagoya

New York

Osaka

Calcutta

Peris

Canton

Peiping

Dainen (Dainy)

Rangoon

Hamburg

Hankow

Fengtien (Mukden) Rio de Jeneiro

Harbin

Hong Kong

Hozolzlu

Hsinking

Karachi

Kobe

London

Los Angeles

Mazila

San Francisco

Semarang

Seattle

Shanghai

Singapore

Sourabaya

Sydney

Tientsin

Tokyo

Tsingtau

Yingkow

Interest allowed for Current Ac-

counts.

Deposits received for fixed periods

at rates to be obtained on applica- tion.

G. KISHINAMI,

Hong Kong, 3rd July, 1936.

THE

Manager.

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED

(Incorporated in China),

Capital paid up

Reserves

$6,000,000. 27,500,000.

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 Officii,

6, Queen's Road Central

Phone: 7111/

inde

Travellers Claques Laer],

Teum word Keentursings msterzaken, INTEREST and on Cuero Account an Fixed Deposits at Bates that tray kie meceftazed vo uzyalicution.

2. KENNEDY,

7. Yen's Bowd. Centre,

Hong Kong. 24th July, FIG.

Manager.

THE NEW FRENCH REMEDY.

THERAPION NĒ.1. THERAPIÓN NĽ2 THERAPION NⱭ3

Zagisk Přím sa, Cherrieta.se eller Ha, rats. Jadi, DRILL CLEAc Mini Co Bowers:RA,3,WALeyton. DR. LE CLERC'S PILLS for the liver 45kneys-wunk kitonya é hinddar

PRICKLY HEAT?

NO!

Use AFRIDOL SOAP.

daily!

HOME LEAVE TO

ENGLAND

VIA

AMERICA

TRAVEL A NEW WAY BY BREAKING YOUR SEA VOYAGE WITH A PLEASANT AND INTERESTING TRIP ACROSS THE AMERICAN CONTINENT BY COMFORTABLE

. AND MODERN- TRAINS.

NUMEROUS SIDE TRIPS BY VARIOUS ROUTES.

LET US PREPARE YOUR ARRANGEMENTS NOW.

THE AMERICAN EXPRESS CO., INC.

Incorporated with Limited Liability in U.SÅ.

4 DES VOEUX ROAD CENTRAL

Banks

| COMMODITY PRICES

The following quotations have been received by Beuter:-

May

July of Spot

CANADIAN PACIFIC

NEXT SAILING TO VANCOUVER. VIA SHANGHAI, JAPAN & HONOLULU,

Prev. Yesterday Closing Closing

New York Cotton:

October

11.68

11.78

December

1171

11.80

January

11.72

11

March

11.81

11.86

11.80

11.89

11.78

11.83a

12.32.

12.42

to New York Rubber:

September.... 16.23 ¡October

16.172

16.27n

16.19n

December

16.35

16.27

January

16.3Sa

16.45

16.30n 16.38 16.55a 16.47

B July

16.61n

16.55n

Chicago Wheat:

Mercantile Bank C. £14. Bank of East Asia $73 n.

September

110%

1083%

December

110

1084

May

110

108

Chicago Corn:

September

103%

104

December

9234

933%

May

894

Winnipeg Wheat:

October

101%

983

Steamer

December May

993 1023% -99%

97

H. Bank $1,570 b. 1580 sz H.K. Bank (London) £102 n. Chartered Bank $14% n. Mercantile Bank A. and

£314.

Insurances

Canton Ins. $260 d. Union Ins. $547 b. - Chins Underwriters $1 n. China Fire Ins. $462 n. HK Fire Ins. $230 b. International Assce. Sh.$31⁄4 a Shipping

Douglases $30 n. HK Steamboats $4 n. Indo-Chinas (Pref.), $30° m. Indo-China (Def.) $20 a. Shells (Bearer) 103, n. Union Waterboats $1o n.

Docks, etc. H.K. and K. Wharves $95 n. H.K. and W. Docks $14.20 1. Providents (Ok) $155 s Providents (New) 20 cts. n. Hong Kew $185 n.

New Engineering Sh$4 n. Shanghai Docks Sh.$85 n.

Mining

Kailan Mining Ad.-10/6 a Langkats (Single) Sh.$5 n- „S'hai Exploration Sh.$3 n. Shanghai Loans Sh.43 n. Raubs $11.80 1.

Yenz; Goldfield $4% b. Antamoks $5 b.. $5.20, 527 52. Atoks 1.04 b., 1.04,ets. sa.

March May

$406

REICHSMARK QUOTATIONS

EMPRESS OF JAPAN

AT NOON, FRIDAY, AUGUST 21st

BOOK NOW FOR YOUR

TRIP HOME IN 1937

Hong Shang- Nag Kobe Yoku- Kong hai saki

Love Arrive Leave Leave

Conver

Borolla Victoria Leave "Leave ́ ́ Arrive

E/Canada Jan. 26 Jan 28 E/Russia

Feb. 12 Feb. 14 Feb. 16 Feb. 18 E/Japan Feb. 23 Feb. 25 E/Asia

Jan. 31 Feb. 2 Feb. 9. Feb, 14 Feb, 27 Feb. 28 Mar. 2 Mar. 8 Mar, 13.

Maz. 27 Map:24 Mar. 26 Apr. 2 Apr. 7- Apt. 8 Apr. 10

Apr. 19 Apr. 21 Apr. 23 Apr. 29 May 4 4 May 6 May 8

May 17 May 19 May 21 May 28 June 2

Mar. 10 Mar. 12 Mar. 14 Mar. 16 Mar 18 E/Canada Mar. 19 Mar. 21 E/Russia Apr. 2 Apr. 4 Apr. E/Japan Apr. 16 Apr. 18

E/Asia Reichs-

Berlin, To-day-The mark was quoted yesterday with- out guarantee at: New York 40.235; Paris, 610; Amsterdam, 59.23; and London, 12.485. - Paris quoted the. Pound sterling at 176.27 to 76.90, and the U.S. dollar at 15.184 to 15.186.--Trans-Ocean Service.

ROTARY CLUB

Interesting Address

On Miao Tribes

Speaking with the knowledge of 25 years experience of his subject,

Baguio Gold 52 cts. b., 47/49 ets the Rer. W. A. Hudspeth yester-

sa.

Balators 24 n. Benguet Consol $231⁄21⁄2 n. Banguet Exploration 381⁄2

Big Wedge 63 cts. b. Consolidated Mines 7 cts.

7 cts. s. 071/.07 sa. Demonstrations $1.56 b.

1.59 sa.

Ipa Gold 34/37 cts. sa. Itogons $2.37 sa.

IX.L. $2.85 s.

Masbate $1.03 n.

riay fascinated members of the Hong Kong Rotary Club with description of the little known ets. Miao tribe of Yunnan and Kwei-

ehow.

Mr. W. N. Thomas Tam. Pre- b-sideat. was in the chair, and the

following guests were introduced:] 156, Messrs. H. Bruce Clarke. Cali-

Northern Mining đã cts.

15 cts. sa.

Faracale Gumaus 90 cts. b.,

cts. 52,

fornia; T. F. Wei, Canton; R. E. Scott and H. C. Pilley, Hong Kong.

The President remarked that} the speaker had been 25 years in Yunnan and was therefore-highly qualified to deal with his subject: "The Flowery Miao .of "West 92 China." He was also Secretary in China for the British and Foreign

b.

Salacots Mining 18% cts. 3. 18 Bible Society.

cts. sa

.'

San Mauricio $3.10 b. 3.05/3.10 |

$2.

Suyoc Consol. 57/58 cts" sa. United Paracales $2.15 b., $2.- 402/2.14 sa.

Gold: Greeks 55 cts. n.

Gold River 13 cts. n.

Lands. Hotels, etc.

H.K. and S. Hotels $4.80 s.. H.K. Lands $33 b.

H.K. 4% Debentures 105% IL Shanghai Lands Siş13 n. Metropolitan Lands Sh. 310 a. Humphreys $9, n.

H.K Realties $4% n. Chinese Estates $80 n. China Realties Sh.$i n. Chins Debentures Sh.$60. 2.

Public Utilities

HK Tramways $11.30 b. 11%

Peak Trams (old) $61⁄2 n.

Peak Trams (new) $2 n.

Star Ferries $90 n

Yaumati Ferries $20 n.

C. Light (Old) $111⁄21⁄2 b. 1165 s

C. Lights (New) $8% b. H.K. Electrics $521⁄2 b. Macas Electrics $20, n. Sandakan Lights $8.30 m. Telephones (Old) $2611⁄2 b. Telephone (New) $8.65 n China Bases Sh.$11% n.. Singapore Tractions 29/- n. Singapore Pref. 28/-`n.

Industriala

Malabon Sugars $91⁄2 n. Cald; Macg. (Ord.) Sh.$191⁄2 a.) Cald., Macg. (Pref) Sh$15 a Canton Ices $2 IL Cements $9.65. IL H.K. Ropes $31⁄2 1. Stores, etc.

Dairy Farms $21 r. Watsons $3.60 s. Lane, Crawfords $63⁄41⁄2 z. Mackintoshs $5 n Sinceres $3 1

Wm. Fowells 40 cts. n. Wing On (HK) $50 m.

Cotton Wills

Ewo Cotton Sh.$7% n

Shanghai Cottons (old) Sh

$70

Shanghai Cottons (new) Sh

$391⁄2 a

Zoong Sings a$18 m Wing On Textiles Sh.$25 n.

Miscellaneous

Entertainments $2.90 n.

S. C. Enterprises $1.35 n.

Macao "Greyhounds” $2 n. Constructions (old) $1% n. Constructions (new) 30 cts. b. Vibro Piling $2 1

Ch. Govt. 5% 1925 G/Bds.

92% b.

7!

HK Govt. 45% Loan 6% prem. b. H.K. Gort, 3% Loan par. b. Wallace Harpers $4.

New York Share Market

Messrs. White, Weld and Com-t Wheat: The slow export demand pany, New York Correspondents and hedge pressure în Winnipeg for Messrs, S. E. Levy and Com-wheat were the main infinences

to-day. pany, Report:-

The technical position in Stocks: A reaction of about one improving. Total sales: 28,759,000 more point on the averages would bushels.

be within the technical limits and.) Cotton: Excessively high tem- because of the small volume. of peratures in, the South-West con- trading to-day, we anticipate no tinue.

more than this. We believe that Rubber: The outlook for tyze the market is now in a buying sales for the balance of the year range for a resumption of the ad-is promising. Statistics confirm Vance. The American Water the effectiveness of restriction. Works have declared a dividend of Speculative interest is limited. We 20 cents per share. Business would rather - buy, on easiness done: 1,100,000 shares.

iTotal zales: 2,300 tons,

6

Apr. 30 May 2 May E/Canada May 14 May 16 E/Russia May 28 May 30 Juze i Jume 3 June 5 June 12 June 18° E/Japan Jame 11 June 13

June 16 June 18 June 24 June 29

For Information Apply To Your Own Agent Or

Canadian Pacific

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