BANKS
THE CHARTERED BANK OF BANKING CORPORATION INDIA, `AUSTRALIA & CHINA
HONG KONG AND SHANGHAI
Authorised Capitai
-$30,000,000 || Incorporated by Royal Charter, 1953. lasued and Funy-Paid-up. 20,000,000 |
aveserve Funds:
Sterling
..£ 6,500,000
Hong Long Currency
Reserve ...............$10,000,000 Reserve Liability of Pro-
prietors
HEAD OFFRE: HONG KONG,
HEAD 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:
Alor Sxac Liflanz
1pok
Rangoon
Ong
wwwspare
Naboering Surendra Shanghai Singapore SILAPA “Boutadaya
Medan.
Delha Kupbong
New York
Priping
PaDADE
Ionelak
**ing
BOARD OF DIRECTORS.
Hon. Mr. J. J. Paterson.
1 15-Arttnned-
G. Miskin Esq-
سوالات
المعلومات العام
Hon. Mr. Wis. pelt, W.X. Masson Esq,be
.. Compton Esq, T. E. Pearce Esq. Coombe Hon. MES M. Dodwell
J. A. Plummer Esq.,burg
Hon. Mr. M. T. Johnson,
ANUL
A. L. Shields Esq., Hong Kong V. M. Grayburn, Esq.
خذ الباقة الباحة المسقط
2032531
CALCUTTA
LANTUN CHEDU
SULUMIDO VALBEN
OUCHOW NATPISUSU BAB BADAUN
BALLBIN
HONKEW
FOLLO
UH
JULURE
AUBE
AUWLOON
BRANCHES -
Atala LUNICA-
LONDON
LYUNS
Ant'A
MANILA
NLAULA NEW LUKE
LIPINU
PENANG
SOOTES
SAN FRANCISCO
SHANGHA
SINGAPORE
SULEIKATA
SUNGE PATANI
LIENTSIN
TUKYO
ISLUTAO
19KUHAMA
Current Accounts opened in Local Currency and; Fed you suceived toe one year of snörter Decode in Looel Currency and blering on terms whachy wat be quoted on application.
150 up to date SAFE DEPOSIT BOXES iz Yard as 10 LEL
Hong Kong, 24th February, 1936.
HONG KONG SAVINGS BANK
Kerschi
King
Suais Lingue Кобиле
Lobohate
GMALIONIER
Foreign Exchange and General Banking beaumen raees
Current Accounts opened and Yised Deposite unted for one year or shorter paroda es reum winck wall - De quand on sppiseniceL
Láma a London wningiskos 1 am Zamak
bumukseen. Executor and
and CONACY OL British Janome Tea Grepaid ou Ca which may be anamernionó at ang để na Agencies and Branchen.
A BREARLEY,
Manager. Hong Kong, 1st January, 1935.
THE CHINA MAIL, THURSDAY, AUGUST 13, 1936
and
Commerce
Finance
LOCAL DOLLAR STEADY
Silver Prices Firm
`SHARE MARKET
TO-DAY'S QUOTATIONS
The following was the list local share quotations issued
of
to-
Banks
The local dollar is steady, open-day :— demand this morning ing 012
at 1/2-15/16d.
"Spot" silver" was steady atị 19-9/16, while "forward" was also firm at 19-9/16.
The London on New York cross- rate was quoted at £-U.S.$5.02. as compared with £-U.S.$5.201⁄4, on London while the New York cross-rate was quoted U.S.$5.0235 as compared with
-U.S.$5.02 7/16.
at
L
REICHSMARK QUOTATIONS
Reichs- Berlin. To-day.---The mark was quoted yesterday with- out guarantee at: New York, 4023; Paris 610.5; Amsterdam, 59.23;
Paris quoted:
76.26 to THE CHINA & SOUTH SEA BANK, and London, 12.48.
the Pound sterling at 76.29, and the U.S. dollar at 11-18
LIMITED
(Incorporated in China) Head Office-Shanghai Capital
.$7,500,000.00 Reserve
.$1,500,000.00 Branches-All Important Cities in
pazzestoken]
China
Madag
Formigs, Lachange and General Banking Business Current and daring Aounts opened and Færd Deposita reputed for was zeer or shurter periods st rate which will be quoted was appiration.
Z CHis.
HONG KONG BRANCH: 24, Dos Voux Bond, Crial. Manager's Office kuirs may DR.
Foreign Exchange Depl Gestremd Oce Cashier's Otice.
The Busines of the shore Bank is condu-i
ed by the HONG KONG AND SHANGHAI EANSING COMPORATION.
ubtelned on application.
FOR THE HONG KONG AND SHANGHAI, BANKING CURPURATION.
V.M. GRATBURS,
Chief Manager.
Hong Kong, 24th February, 1936.
THE BANK OF EAST ASIA, LTD.
Ausbond Capaldi
----------₤10,100,
veris sail Ludasided Imable KANALIZ
ALAD OFFRE:-HONG KONG.
19, Lea Lerowd, Coutra, - BOARD OF DIRECTORS:-
Hon. Sir Shou-son Chow, Chairman. Lakow Cut, Eng. P. K. Kwak, Esc.. Wong Sales Eve, Wang Cuba, Eny and Lan Ying
Sawy
Ka Tung lo, Esq.. Chiel Manager. I've dong, Eni NavaJNE.
BRANCHES AND AGENCIES:-
Manila
Neule
Matavim Booking
Molinarss
Saczanki
Siwaghai
f.
New York
po
Uska
Rajahong
Hame
→WKQW
T
Iraunk jango
·Imbosu
Tintain
Talgun
Tokyo
24 Franci
VADOUTER Yokohama
Hashow
Hind
Asakus
kuwigon Loudon
Sydney
Every description al Banking and Exchange banana tratumacia:da Lamps graced an approved. securities.
Local Cheronry
Current Secounts opcard in
and Fixed Deponte received fur ous Fout the burter perioda in Local and Foreign Currencaca www.wach wayuused on application.
Sale Degas Buses To Last.
KIẦY TONG PO, .*
Chiel Manager,
THE YOKOHAMA SPECIE BANK
LIMITED
Established 1880
Capital (full paid-up) Yen.100,000,000| Reserve Fund
Head Office: YOKOHAMA
ed.
Tel. 25365
ذيرات المالية
THE WING ON BANK, LTD.
Head Office: Hong Kong
26, Des Voeux Road Central
Authorised Capital $10,000,000
LONDON BANKERS:- Westminster Bank, Ltd.
to 11.183.-Trans-Ocean Service.
TEXTILE TRADE IN
THE D. E. I.
[Continued from Page 4)
leading idea was to preserve af traditional domestic craft from degeneration and decay; there did not seem to have been any systematic study of the econo- mic position and possibilities of the weaving industry.
even
But at Bandoeng the Dutch study wearing as a commercial proposition. They are beginning to attract Dutch: The factory at capital. Padang has already been men- tioned. The large factory at with 300 looms is
Foreign Exchange and every des Garoet cription oftbanking business transact-managed on behalf of a Dutch Current Accounts and Savings Ac-firm by a former head of the Fixed Deposits, re- Bandoeng Institute. Counta - opened. ceived at rates which will be quoted At the same time the Insti- on application.
Trusteeship & Executorship under-tute supplies the native weavers taken. Safe Deposit Boxes for hire,with good loams, good dyes, and good yarns, importing the material in bulk and selling the! produce to the weavers at cost price,
the else putting or weavers into direct connection with the Dutch firms which im- AMERICAN EXPRESS COMPANY, port the material that they
PHILIP GOCKCHIN, - Chief Manager.
THE
INC.
Tiruppurated, with Lomited Liability in Lib
Head Office:--55, Broadway. New York
Capital Surplus Reserves
Į
.L.SE6,000,000.00 *2.240.344.38
BRANCHES:-
Anwendunt Getwe
$
Ache
Glow The Hague
Heathe
Ha
arre Heidelberg lat-raken
Lowerpo
Влако
Lusir... Burmilton Monte Carlo
Satu
Mamila
require.
897,612.65picion.
301
Nume
Patin
Kustuti Rene Shaghar
Regard
Turn
B
VIRB4 Amazon
- Zurich
Eye On Home Trade. The Institute definitely aims at capturing the home trade for local people, and one can under- stand that at first the import houses looked on it with sus- But the experience of Houten Steffan and Co., has shown that Dutch firms can make money by promoting local! enterprise. And ..the -in- digenous population find the new methods so profitable that at the Jokya School recently there were 70 applicants for 15 vacancies.
The depreciation of the yen, | however, has created a very
serious
the position. and Japanese competition is press- Branches of American Expressing very heavily on the rising Company in Principal cities of United industry. They are quick to States of America and Canada.
15plin
·Dezidalmas
Jkranti
Ye129,150,000
+
У молоднять
<
C
Dabler
Edicborgh
Branches and Agencies at
Lieneva
Alexandria
Moji
Bangkok
Batavia
Nagasaki Nagoya
Berlin
New York
Bombay
Osaka
Calcutta
Paris
Canton
Peiping
Dairen (Dainy)
Rangoon
Hamburg
San Francisco
Hankow
Seattle
Harbin
Semarang
Hong Kont
Honolulu
Shanghai Singapore
Hainking
Sourabaya Sydney Tientsin Tokyo
Tsingtau
Yingkow
Fengtien (Mukden) Rio de Janeiro
Karachi
Kobe
London
Los Angeles
Mayila
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, 1986.
Manager
THE SHANGHAI COMMERCIAL &
SAVINGS BANK LIMITED (Incorporated in China)
Capital paid up
Beserves
$5,000,000. $7,500,000
Capital Savings. Dept $500,000
Personal investment accounts hand-
led.
H.K. Bank $1,580 s. and sa. HE. Bark (London) £101 n. Chartered Bank $15 a Mercantile Bank A. and B
31%.n.
Mercantile Bank C. £14, n. Bank of East Asia $73 m.
Insurances
Canton las: $260 . Union Ins. $547% b., $550 sa. China Underwriters $1 China Fire Ins. $462 H.K. Fire Ins. $235 b. International Assçe. Sh.331⁄44 n. Shipping
Douglases $30 n. H.K. Steamboats $4 n. Indo-Chinas (Fre£), $30 a. C Indo-China (Def) $20 1 Shells (Bearer) 104/41⁄2 z. Union Waterboats $12 n.
Docks, etc.
HK and K Wharves $94 b. HK. and W. Docks $14.20 33. Providents (Old) $1.55 n. Providenta (New) 20 cts. n. Hour Kew $185
New Engineering Sh.34 n. Shanghai Docks Sh.385 m.
Mining
Kailan Mining Ad. 10/3 n. Langkats (Single) Sh.$5 S'hai Exploration Sh.$3 n Shanghai Loans Sh.$3 n. Raubs $11.30 n. Venz; Goldfield $43⁄41⁄2 b. Antamuks 854 n. Atoks $1.04 5. Baguio Gold 37/61% cts. S Balatoes $24 n.
Benguet Consol $231⁄2 n. Banguet Exploration, 39 cts. b.
40 ets. sa.
Big Wedge 68/70 ets. sa. Consolidated Mines 8% cts. b.j
7/7 cts. sa. Demonstrations $1.60/1.58 sa. Ipo Gold 33 cts. sa. Itogons $273 sa. 1.X.L. $2.80 5.
Masbate $1.031⁄2/1.08 sa Northern Mining 45/46 sa. Paracale Gumaus 95 cts. n. Salacots Mining 18 ets. s.
San Mauricio $3.10/3.20 sa. Suyoc Consol. 57/58 cts. sa, mi United Paracales $2.14/2.18 sa. Gold Greeks 55 cts. n. Gold River 10 cts, s..
Landa, Hotels, etc. H.K. and S. Hotels $1.80 s.
HK Lands $33. HK 4% Debentures 105% n Shanghai Landa Sh.$13 m. Metropolitan Lands Sh. $10 Humphreys $9 11.
H.K. Realties $41⁄2 ni Chinese Estates $80 n. China Bealties Sh44 n. China Debentures Sh.360
Public Utilities H.K. Tramways $11.30 h. Peak Trams (old) $61⁄2 n. Peak Trams (new) $2. Star Ferries $90
Yaumati Ferries $20 n.
NEW ADVERTISEMENTS
PUBLIC AUCTIONS
THE Undersigned have received instructions to sell by Public
T
Auction
on
Friday, the 14th. August, 1936 commencing at 11 am.
at their Sales Room,
Duddell Street
1.500 Sheets Sta.
341,3 Dozen Heels and Soles.
27 Sacks Flour.
1 Piccie Rubber Water-proof]
Cloth.
7 Cases Shoe Polish.
2 Cases Motor Car Indicators.
3 Cases Wooden Beer Taps.
1 Case Steel Files.
2 Cases Thermometers.
3 Sets of Safe-Deposit Vaults.
and
A Quantity of Sundry Goods and Household Furniture.
Terms: As Customary.
LAMMEET BROS.
Auctioneers. Hong Kong, 13th August, 1936.
T
THE Undersigned have received instructions to sell by Public
Avetion
姐
Friday, the 14th August, 1936, commencing at 2.30 p.m.
at their Sales Room, No. 95 Hankow Road, Kowloon A Quanfity of VALUABLE HOUSEHOLD
FURNITURE
comprising:-
Black Wood Ware, Teak Dining Room and Bed Room Furniture, Ornaments, Glass and Porcelain Ware, Brass and EP. Ware, Cut- lery. Office Furniture, Pictures, Rattan Furniture, etc. etc.
On View from Thursday, the 13th August, 1936.
Terms: Cash on Delivery
LAMMERT BROS.,
Auctioneers. Hong Kong, 13th August, 1936.
NEW YORK SHARE MARKET
Expanding Volume Of Trading
FURTHER IMPROVEMENT IN PRICES EXPECTED
Messrs. White, Weld and Com-j- pany, New York Correspondents for Messrs. S. E. Levy and Com pany, Report:— ⠀
Stocks: We expect a further in- provement in prices with a gradu- ally expanding volume of trading. The market to-day advanced and was fairly active under the leader- ship of industrial issues. Business {done: 1,260,000 shares.
Cotton: There have been fur- ther undesirable rains in the East and record heat continues in Texas and Oklahoma. Considerable de- terioration has been privately re- ported, whilst there are numerous crop seares.. We would advise purchases, but we would avoid
C. Light (Old) $111⁄2 b. TÏ65 8. bulges. The weekly Government C. Lights (New) $8 H.K. Electrics $524
Sa
b., $52%
b copy new designs and import All classes of Commercial Banking imitations at rates which some-
times undersell the local pro Transactions undertaken.
duct.
Trade marks have not given satisfactory protection. The The Company offers to intending Padang mark "Coffee" and the "Paddy" are Travellers the use of its "Traveller Garoet mark Cheques" and Letters of Credit and, known everywhere, but the in addition, the world-wide services Japanese
have
sometimes
of its thoroughly equipped Travel imitated them, and there have Department.
been cases even of imported goods being marked "Bikinan General Manager. de Djawa" (Produce of Java).
Tokyo in Three Days
CH BENSON,
It has been found that, if] (Continued from Next Column) new inventions in the Institute are reported in the Press, par- system has been suggested as ticulars reach Japan within the only means of protecting three days, and silence is now local industries. But they regarded as the safest policy. seem to enjoy a certain amount Also measures have been taken of natural
The to tighten up the trade mark protection. fashion in patterns changes legislation.
The quality of very quickly, and the produc tion of one pattern, on a large goods is often inferior, but the scale would swamp the market, low price is a great attraction, This gives an advantage to and quality is often overlooked. sarongs, the weavers working with small As regards factories and in intimate touch Japanese have an advantage in large-scale production. But
Reserve Savings Dept. $600,000.with the consumer.
Head-Office-Shanghai
A Bank having as its mission the industrial development on China and the fostering of her commercial relations abroad. Hour Kos
Office
Queen's Road Central
Phone 31116,
Japanese
In some lines the Institute the difference in quality and the and the local factories can still economies of large-scale pro- manage to hold their own, and, duction do not sufficiently ex- if they can survive the present plain Japanese prices.
The introduction of a, quota struggle against adverse eir- cumstances, they will be (Continued at foot of preceding
Column) stronger for the fight.
Macao Electrics $20 n. Sandakan Lights $8.30 n. Telephones (Old) $261 b. Telephone (New) $8.65 n. China Bases Sh$114 m. Singapore, Tractions 29/- n. Singapore Pref. 28/- n
Industrials
Malabon Sugars $91⁄2 1. Cald, Macg. (Ord) Sh$19 Cald, Macg. (Praf) Sh.$15 Canton Ices $2. Cements $9.65. HK. Ropes $311⁄2 n
Stores, etc. Dairy Farma $21. n. Watsons $32 B Lane, Crawfords $63% a.
Mackintoshs $51.
weather report indicates drought! in the West and too much rain in the East. This is construed as a bullish factor.
Grains: The five-year average
of United States crops indicate:
n. been appreciably
CANADIAN PACIFIC
NEXT, SAILING TO VANCOUVER VIA SHANGHAI, JAPAN & HONOLULU,
EMPRESS OF JAPAN
AT NOON, FRIDAY, AUGUST 21st
BOOK NOW FOR YOUR
Steamer
TRIP HOME IN 1937
saki
Van-
CONTOR
Bong Shang- Naga Kobe Yoku. Kong hai
barua Eepolala Victoria
Loure Arrive Leave Leave Leave Leave Arrive
E/Canada Jan. 26 - Jan 28
Jan. 31. Feb. 2 Feb. 9 Feb. 14 E/Russia
Feb. 12. Feb. 14 Feb. 16 Feb. 18
Feb. 27 E/Japan Feb. 23 Feb. 25
Feb. 28 Mar. 2 Mar. 8 Mar. 13 E/Asia Mar. 10 Mar. 12 Mar. 14 Mar. 16 Mar. 18 · · Mar. 27 E/Canada Mar. 19 Mar. 21
Mar, 24 Mar. 26 Apr. 2 Apr. 7 E/Russia Apr. 2 Apr. 4 Apr. 6 Ap. 8 Apr. 10
Apr. 19 E/Japan Apr. 16 Apr. 18
Apr. 21 Apr. 23 Apr. 20 May 4 E/Asia Apr. 30 May 2 May. 4 May 6 May & ** May 17 E/Canada May 14 May 16
May 19 May 21 May 28 June 2 E/Enssia May 28 May 30 June 1 June 3 June 5 June 12 June 28 E/Japan June 11 June 13
June 16 June 18 June 24 June 2
U
For Information Apply To Your Own Agent Or
Canadian Pacific
A
HONG KONG
THE LATEST AND
TEL. 24752
MOST POPULAR RECORDS.
COLUMBIA PATHE REGAL
BY WELL KNOWN ARTISTES
HILDEGARDE-TURNER LAYTON
LUCIENNE BOYER-LES ALLEN
ALBERT SANDLER.-B.B.C. ORCH.
MANTOVANI-MARIE BURKE
JAN KIEPURA.—HARP LORENZI.
THE ANDERSON MUSIC COMPANY, LTD.
Phone 21322
Ice House Street
G. FALCONER & CO. (HONG KONG) LTD. WATCHMAKERS, & JEWELLERS, DIAMOND MERCHANTS. UNION BUILDING (opposite G.P.O.)
Agente for:-ADMIRALTY CHARTS, ROSS' BINOCULARS and TELESCOPES, KELVIN'S NAUTICAL INSTRUMENTS, ENGLISH SILVERWARE Direct from Manufacturers,
High Class English Jewellery.
COMMODITY PRICES
WHOLESALE PRICES London. To-day-The Board of The following quotations have Trade index number of wholesale
The carry-over in New York Cotton: the United States is now normal,October but the Canadian carry-over
Wheat: 861.000.000 bushels; Corn: been received by Renter:--- 2,553,00,000 bushels; Oats: 1,215,- 000,000 bushels and rye 28.000,- 000 bushels.
Prev. Yesterday Closing Closing
11.78
has December
11.80
11.96 12.02
Ac-January reduced. cumulation of holdings is advised. March especially in wheat, during the May. hedging season..
11.82
12.030
11.86
12.11
11.39
12.11
Total sales
ofjJuly
11.85x
12.07
wheat: 41,885,000 bushels.
Spot
12.42:
12.60
16.17a
16.15
16.190
16.18
16.27
16.26
16.30
16.291
16.38
16.38a
16.47
16.55n
16.47a 16.531
per Chicago Wheat:-
September
108%
December
108
May
108
1094
Chicago Corn:
104
106%
December May Winnipeg Wheat: b. October
December
90%
9834
972
1 May
99%
101
Flash: Average* crude oil pro- New York Rabber: duction for the past week is esti-September mated at 2,964,000 barrels as October compared with 2,948,000 barrels December
January the previous week.
The Edison Electric Institute March
· Sinceres $3 1. Wm. Powells 40 cts. n.
estimates electricity production for May July Wing On (HK) $50 n.
the past week at 2,075,000,000
143 Cotton Mills
kw.h, an increase of Ewo Cotton Sh:$73 x.
cent over the corresponding period Shanghai Cottons
(old). Sh of last year. $70 n. Shanghai Cottons (new) Sh
$991⁄2 1 Zoong Sings £$18 n. Wing On Textiles Sh$25 n.
Miscellaneous A Entertainments $290 n... 6. C. Enterprises $1.35 n.
Macao "Greyhounda” $2 D. Constructions (old) $132 2.
Constructions (new) 30 cts. b. September Vibro-Piling 2 3.
Ch. Govt 5% 1925 G/Bd.
92% b
H.K. Govt. 4% Loan 6% prem.
Wallace Harpers $4-n-
prices in July is the highest re- corded since November 1930. The rise of index amounted to 1-1 per cent, compared with the previous month, and 6.2 per cent., compared with July, 1935-British Wireless Service.
BRITISH IRON PRODUCTION
London, to-day-The produc- tion of pig-iron in July amounted to 661,100 tons, compared with 644,100 tons in June and 547,300 tons a year ago. The production of steel ingots and castings last month was 974,100 tons, compared with 965,900 tons in June and 1104 803,300 tons in July 1936, British 110% Wireless Service.
94% The 1 following telegrams are
90% lying at the office of the Great Northern Telegraph Co. Ltd. 100% Mr. Fred Stratford, sz. Changte, 99% from Kobe: and Chung Man-shek,
1415 B.W., from Kobe.