BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA
THE CHINA MAIL THURSDAY, SEPTEMBER 3, 1936-
SHARE MARKET
TO-DAY'S QUOTATIONS
The following was the list of local share quotations issued to-
Authorised Capital ..$30,000,000 | Lacorporated by Royal Charter,, 1853") day:—— - Issued and Fully-Paid-up 220,000,000
Reserve Funds p
Sterling
£6,500,000
Hong Kong Currency
Beserve
......$10,000,000
Eeserve Liability of Pro-
prietors..........$20,000,000) prietors
محافظ
HEAD OFFICE: LONDON
Paid-up Capital Reserve Fund
„£3,000,000 23,000,000
Reserve Liability of Pro-
£3,000,000
Agencies and Branches:
HEAD OFFICE: HONG KONG,
Air Stat
Tangua
Amitav
Apoll
DELEUB
Bangkok
Barbarang
Batavia
ba
Beady
Deloutle
Cantem
Kuala Lumpur bucking
Stangas bangapare
-Manila
bikia via Bou Taiping
Madon
Doda
Hon. Mr. S. M. Dudwell,
J. A. Pummer Esq.,
Hon. Mr. M. T. Johnson,
Haako Burban
Jew York Peeping
Pacing Penang
Tango
Zatozza
V. M. Grayburn, Esq.
BOARD OF DIRECTORS.
Chairman.
G. Miskin Esq
Deputy Chairman,
Hon Mr. WH. Bell, J.R. Masson Esq. Caba AH. Compton Esq., T. EL Pearce Esq.,Escade
BANGKOK BATAVIA
CALCUTTA CANTON
CHEFOO
TULUKSO VAIRES
LUOCHOW
DEDAKER-
MARBIN
RAKEW
ILVALU
+42
JLUKE
AUGH
ROWLOOS
A. L Shields Esq., Bone Ema
Chaal Mazago
BRANCHES.-
KUALA LUMPUR
لدرس الاحمة
LYUNS MALAUCA KANILA
MUEDAN
PLIKING PENANG BANGOON
MIGUN
SAN FRANCISCO
SHANGALLA
3.SUATURE
SULKS JAYA
SUMALI PATANI
WESTSIS
فاخرة
ANNO FAU
TOLUS AMA
Current Account opend a Lacsi Currency sad Zars Deynmile, revered for you year or shorter Dosada a Lood Cazuacy and mariag on Sacks
but will be quieć on applicat
50) up to date barE DEPOSIT BOXES Hong Kong, 4th February, 1936.
THE ACES TO LET
HONG KONG SAVINGS BANK
+
T's Bunts of the bore Bush a condure The HONG KONG AND SHANGHAI PANKING CORPORATION.
Baies may obused a sppication.
FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION.
V. GRATEURS,
Cand Mangat. Hong Kong, 24th Festuary, 1935.
THE BANK OF EAST ASIA, LTD.
Acived Capital...... Red-up Capi
-$10),(200_1A). #
Besters and Lidividing from 237
READ OFFICE HUNG KONG.
10, a uz this Vertrud.
BOARD OF DIRECTORS
Hon Sir Shou-son Chow, Chairma
In Love Cina, Eng., P. K. Kwak, E
W
In Tong, Eng., China Chung sick, E, Li L Sang, Ley, Hong Cau song and has Yuz Yu. Ling
BIDOT
Jelavia
Laloviis
Canton
Has Tung Po, Eng. Claret Maungat...
The bag.. Stacght.
Hupboa
itunkat
Zoba
b.widg
Loadou
BRANCHES AND AGENCIES :—
Manda Melissa
Shanghai
New Zuck
Uwaka
J'a
Perpig
Peurig
Nagajara
SALON
dary
h
Dagen
Tokyo
ball FranceN
ONLY
Lier dargliou, of Backing sad Exchange i
Weinen hoch
Foreign Exchange and General Banking businmag
| Gentameted.
Current Accounts opened and Fixed Deporte Zemed for coa jane te ekorner perzada al relee winach will be quoted on application,
The Beck's Head Ofte in Loning undertakar
•Emutar
Train
busines wod cia.m | PORTNEY ot Beitiak Insoms Tex overpaid, o Charms which may be anaertained at any of Záponavo and Branchen.
A BREARLEY,
Manager. Hong Kong, 1st January, 1933.
THE CHINA & SOUTH SEA BANK,
LIMITED
· (Incorporated in China) Head Office-Shanghai
Capital
.$7,500,000.00 Beserve
$1,500,000.00 Branches AL Important Cities in
China,
Foreign Exchange and General Backing Bumiturus
Manage.
Current Baring Accounts opened and Fixed Depostia neceyred for ulas yet of sbarzer petiola 1st takes winsli will be quoted on appication.
500 Z CHANG.
HONG KONG BRANCH. 21. Des Fueux Bowl, Central,
Foreign Exchange Dept, the
Conitor » Che
க்கும்
$2569
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- |cription of banking business transact-
ed
Current Accounts and Savings Ac- Fixed Deposits re counts speed. ceived at rates which will be quoted jon application
Trusteeship & Executorship under- taken. Safe Deposit Boxes for hire.
PHILIP COCKCHIN, Chief Manager.
THE
AMERICAN EXPRESS COMPANY, INC.
Lost grate on approved Tavorporated with Limited Liability in C.SA. Lurrent Account opened
KLILE
Lucal Currency |
as Fixed Deposita recoured fat as your author periode in Local and Foreign Currencies
ACTING WIuch will be quoted to "upplisation.
"cals Depost Does To A TONG PO,
KAN
Chief Mago.
THE YOKOHAMA SPECIE BANK
LIMITED
Established 1880
Capital (full paid-up) Yen 100,000,000
Reserve Fund
Yes.129,150,000
Head Office: YOKOHAMA
Branches and Agencies at
Alexandria
Banzkor
Butavia
Berlin
Bombay
Calcutta
Canton
Μαξί
Nagasaki
Nagoya
New York
Osaka
Paris
Peiping
Dairen (Dainy) Rangoon Fengtien (Mukden) Rio de Janeiro San Francisco Seattle
Hamburg Hankow
Harbin Hong Eoar
Honolulu
Hsinking
Karachi
Kobe
London
Los Angeles
Semarang
Shanghai Singapore Sourabaya Sydney
Tientsin Tokyo Tsingtan Yingkow Interest allowed for Carrent Ac- counts
Manila
Deposits received for fixed periods at rates to be obtained, on applica tion.
G. KISHINAME,
Manager.
Hong Kong, 3rd July, 1936.
THE
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED
(Incorporated in China) (
Capital paid.pp. $5,000,000. .$7,500,000, Reserves Capital Savings Dept. $500,000, Reserve Savings Dept. $600,000 Head-Office-Shanghai
A Bank having as its zuİNİON the industrial development on Chine and the fostering of his commercial relations abroad Hong Kong Ofic
E, Queen's Load Central t'hone 31116.
Head Office: 65, Broadway.
Capital Surplus
Reserves
New York
US$6,000,000.00
BRANCHES:
Серция
Kilangaw
2,216,344.38 897,612.65
Houtreux
مونة
Amsterdam Antwerp
A Cinem
The Hague
Ásmun
Super Prece Purs
-
Bourdain
*
SE
Berlin
Younbe
Bruno
Caigo
Calcutta Carbon Colombe Copenhagen Duba Edinburgh Floresos Genera
HAINDA Hamburg BAYTO Heidelberg Inseriaken Jerusalem Loudon
JAVAPOOR
Lunorig
Logano
Luxch Yarseill
Kanils
Youte Carlo
Vanish
thamptod Sage pore Ticolais Vienna Vertice Yokakta Zurich
Branches of American Express Company in Principal cities of United States of America and Canada:
All classes of Commercial Banking Transactions undertaken.
Personal investment accounts hand-| lied.
The Company offers to intending Travellers the use of its “Travellers Cheques" and Letters of Credit and in addition, the world-wide services of its thoroughly equipped Travel Department.
C. H. BENSON,
General Manager
MANCHUKUO AND GERMANY
Trade Commission To Be Appointed
Berlin, To-day.. A permanent German trade commission to Manchukuo is be- g appointed shortly. Mr. Kato, the Manchukuo- Trade] Commissioner to Germany, has just returned from Koenigs berg, where Manchukuo for the first time participated in a] foreign fair. Mr. Kato told Beuter that the German - de- Amand for soya beans was very
Reu
Ranks
ELE Bank $1595 b. $1600 sa. H.K. Bank (London) $102 Chartered Bank $154 Mercantile Bank A and
•
£14. Mercantile Bank C. £14 Bank of East Asia $76 b
Insurances
..
J
n.
B
Canton Ins. $270 n. Union Ins. $575 b. $575 82, China Underwriters $1 m China Fire Ins. $162 a. H.K. Fire Ins. $240 n. International Assce. Sh.$31⁄44 n.
Shipping
Douglases $30 n.
H.K. Steamboats $i n. Indo-Chinas (Pref.), $30 n. Indo-Chinas (Det.) $20 n. Shells (Bearer) $108/14 a. Union Waterboats $12 a..
Docks, etc.
HK & K Wharves $102 h. HK. & W. Docks 1334 n. Providents (Old) $180 b. Providente (New) 20 cts. n. Hong Kew $185 a. New Engineering Sh.$4 Shanghai Docks Sh$81 n.
Mining
Kailan Mining Ad. 10/3 n. Langkats (Single) Sh.$5 n. Shai Exploration Sh-$3 IL Shanghai Loans Sh$3 a. Raubs $11.60 1. Venz: Goldfield $434 b. Antamoks $5.20 4.
Atoks $1.02.b, $1.01 sa Baguio Gold 59 ets. n. Balatoes $24 n.
Benguet Consol. $231⁄2 n. Penguet Exploration 45 ets.
47/46 cts. 32.
Big Wedge 73 cts. b., 75 cts. Consolidated Mines 312%
Demonstrations $1.54 m. Gold Creeks 55. cts. n. Gold River 12 cts. b. Ipo Gold 38 cts. n.
Itogons $285 a LXL. $2.95 n.
Masbate 95 cts. b.
►
MEDIAEVAL ASIA CHANGES
[Continued from Page 6)
women doctors, lawyers, and
The Usbeg peasant seemed to me naturally lazy. Talking
engineers. I sau* neatly- of the "disciplinary measures" uniformed girls driving trams of 1934, when so little wheat and others, in cotton frocks
Central Asian
with white kerchiefs on their came in from Siberia that the heads, acting as lorry drivers, had been forced to grow cotton farmers, who barbers, newspaper sellers and
instead of grain, found them- street sweepers.
selves starving, a surly old man Prices in Tashkent were whom I had seen eat a small double those of Bokhara-an egg cost 9d. and a glass of tea 6d-and lodging-houses overcrowded.
were
In An Usbeg House I spent a night in an Usbeg house
with furnished
sheep at a sitting, said, "Ther were wise, those ones who died. It is easier to be shot than to work."
ሰነ
But if the old men, wearing added coats and fantastic for good hats in a temperature of 87deg. carpets. a pile of quilts on Fahrenheit, objected to regular which we all slept in a row, employment and escaped as chest of clothing, some water-soon as possible to the Steppes, pipes, and a row of teapots. In their sons were enthusiastic the yard was a pool of dirty supporters of the new regime. water, used for washing, cook-with the amusing result that ing, and drink. On a wall hung parents deferred to their chil- an unfinished carpet, which the dren, treating them with the housewife had brought with respect due to the potentially her as a bride. According to influential. superstition, if it were complet-
ed its owner would die.
"Order Of Lenin” Tashkent regards itself as the centre of the "cotton offen-
Next day I moved to the house of a young cousin in the sive" and the cynosure of Man- new town. The man was
chester, Egypt and America factory electrician, newly mar-Last year" say the bright- ried, and was paying about 18s.ered young women in the Cot- la month for a four-roomed cot-
tage with a scrap of garden, tabulates and
ton Institute, which records. reports, en- electricity and running water, which would become his pro legion of shock-workers to the courages and blames, sends a perty after 15 years. He pos- assistance of a dilatory farm, sessed a gramophone and a от announces proudly
His wife played Pakhta wireless set.-
Aral has won tennis and was learning Rus-"Order of Lenin" for intensive! İsizing
made production-we
such
The baby, instead of being headway that the
State
b. tied to a board for the first collective farms were allowed
year of its life. crawled about
UCCESS
S
NVY
NXIETY
AW
that the
and
C
ENEROSITY
(A
XPERIENCE
In
in a creche, where its reactions to sell their surplus production
after completing the Plan. cts.were psychiatrised and record consequence the peasants were
led.
It happened that my arrival abat the best-paid workers in the U.S.S.R. Why, in some in Tashkent coincided with the districts wages increased 500 yearly distribution of silk and even 1,000 per cent." worms eggs to quenes of vil-foreign source put this figure lagers. who carried away the at 500 p.c.). small cardboard boxes, weigh-
Northern Mining 54 cts. s., armpits, in order to maintain
52/53 cts. sa,
Paracale Gumaus $1.05 0. Salacot Mining 221⁄2 cts. n. San Mauricio $3.45. b. Surse Consol 15 cts. s. United Paracales $2.37 n. Santa Rosa 15 ets. s. Ambulao 80 cts. sa.
Lands, Hotels, etc. H.K. and S. Eotels $5.85 b. H.K. Lands 371⁄2:b.
E.K. 4% Debentures 105% 1 Shanghai Lands Sh$13 Metropolitan Lands Sh. $10 m Humphreys $9. sa:
HK Realties $44 b. Chinese Estates - $80 n. China Realties Sh.34 zi
China Debentures Sh.560 n.
H.K
Public Utilities Tramways $13.10 $1234/.80 3.
Peak Trams (old) $61⁄2 z Peak Trams (new) $2 n. Star Ferriés $91 b., $911⁄2 sa Yaumati Ferries $204 b. C. Lights (Old). $12.80 b. C. Lights (New) $9 b. H.K. Electrics $53% b Macao Electrics ́$20 n. Sandakan Lights $8.30 n. Telephones (Old) $28 b., $28 sa Telephones (New) $9 b., and sa. China Buses Sh.$111⁄4 n. Singapore Tractions 29/- m Singapore Pref. 28/- n
Industrials
Malabon Sugars 591⁄2 1. Cald., Macg. (Ord.) Sh.$191⁄2 Cald, Macg. (Pref) Sh.$15 n Canton Ices $2 1
Cements $1110 b., $11/11.15. HK. Ropes $3% 1. Stores, etc.. Dairy Farms $22 sa. Watson $4 b., $460 82. Lane, Crawfords $63⁄4 E Mackintoshe $5 h. Sinceres 3 n. Wm. Powells 40 cts. n. Wing On (HEL) $50 z.
Cotton Wills - Ewe Cotton Sh87 Shanghai Cottons
$70 1.
á
(old) Sh.
Shanghai Cottons (new) Sh
$39%
Zoong Sings Sh.$18 n. Wing On Textiles Sh.$25 a.
Miscellaneous
Watertainments- $2,90-n.” S. C. Enterprises $1.25 n. Macao "Greyhounds” $2 n. ConstructionsTM (old)" $13⁄4 in. Constructions (new) 50 cts, a. Vibro Piling $2.30 b Ch. Gov 5% 1925 GfBdg
HK Govt 4% Loan 74% prem.
HE. Govt. 21⁄2% Loan par. h. Wallace Harpers 34 a
an
Co-Operative Faxın
It is true that the Soviet
One
ing a few grammes, under their Union has made enormous pro- gress during the last two years, even temperature. Six both in the quality and the weeks later they would return quantity of the cotton pro- with some 32,000-odd cocoons, duced.
collective farm gold and white, heaped in carts, claims a world record with a and receive from 1. rouble 50 kopecks to 2 roubles for their crop of 52 metric tons per
hectare. care of the larvae.
Hunting With Eagles At the moment wheat is With some of these villagers coming regularly from Siberia I went out to a cotton Kolhoz at the rate of something like a (co-operative farm). where million tons a year, so the cot- most of the 231 families were ton workers have enough to! living in the ordinary Usbegeat, but the older ones regret villages, mud-built, with a
their millet and rice. I rode charcoal fire sunk in the middle out beyond the last villages, of the floor. A table in the
their muddy lanes bordered daytime and mattresses at with tea-houses and cookshops, night cover the aperture.
ΟΙ
When it is cold, the family all taking orders for mutton sit on the edge of the hole, with regetable plov, to the edge of the Steppes, where the nomads their feet banging. over the embers. A few nomad house were still complaining about the
"Be Government
which holds had built themselves
"takes away land as if it were wickerwork huts covered with
a bale of cloth.” felt.
Here men went hunting with trained eagles and women
POLISH TRADE IN brewed "Koumiss" from fer-
‘CORRIDOR”
Agreement Reached With Germany
CHINA MAIL" SPECIAL
Berlin, To-day.
mented mare's milk. Every one slept in a row on felt rugs inside a yurt with a hole at the top that could be closed in wet weather.
"Is the life good?" I asked of these horse-breeding wan- derers who follow their tradi-
The women embroi-
A substantial improvement of tional pasture from valley to traffic across the Polish Corridor, plateau. which connects East Prussia with dering felt curtairs or the men the Reich, was negotiated to be filling cartridges answered em- phatically, "Now it is not
gin from yesterday.
Investing In-Goods
Until now the traffic had been good." very curtailed, since Germany was in arrears in payment of the fees,
Soviet policy has recently because of her foreign currency changed to the extent of en- problems. But now an agreement couraging individual stock- has been reached, whereby the raising, but the Khirgiz say route will again liven up, and it is that their herds have been hoped that when this agreement halved and they have no cer- expires at the end of the year atainty of land tenure. Those have nearest to the towns are affect- permanent settlement will been found. Trans-Ocean Sex-led by a civilisation which vice.
LOCAL DOLLAR STEADY
multiplies needs and provides for their satisfaction. In several yurts I saw kerosene lamps, primus stoves and cheap photographs, and I passed through one settlement where] the felt-covered huts were ranged in rows, as if on either The local dollar is steady, open-side of a street, and electrical-
Silver Prices Firm
ON
ing at 1/2-13/16d.
demand this morning ly lit
But the more reactionary: "Spot" silver was steady at peoples invest what money they 13-11/16, while "forward" was have in goods, so that their also firm at 19-11/16.
yurts are stacked with rolls of -The London on New York cross-flowered material, teapots, rate was quoted at US$5-skull-caps, knee-boots 034, as compared with £US saddlery, and isolate them- $5.03%, while the New York on selves as far as possible from London cross-rate was quoted at the railway, which a greybeard £--U.S.$5,031⁄2, as compared with described to me as "the road to
hell?
and
EFUSAL
REFRES
BAR-
Ra
ENSATION
S
INCOMES TAX (ABOLISTED
ALL CALL FOR
SEAGERS
GIN
Obtainable Everywhere
Sole Agents:
H. Ruttonjee & Son
BAGGAGE TRANSFERS
Telephone 27761
to Engage our Service
Ffficient and Secure
CHINA PROVIDENT LOAN & MORTGAGE CO., LTD.