BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorised Capital
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA
....$50,000,000 | Incorporated by Royal Charter, 1953.
insued and Fully-Paid-up, 20,000,000 Keserve Funds:—
Steding....£ 6,500,000
Hong Kong Currency
Reserv******
BOARD OF DIRECTORS.
HEAD OFFICE: LONDON
THE CHINA MAIL, WEDNESDAY, SEPTEMBER 9, 1936
-MEIN-
Local Share Market ADVERTISEMENTS
LOCAL DOLLAR STEADY
Silver Prices Rise
The local dollar is steady, open- demand this morning
at 1/2-13/16d.
"Spot" silver rose 1/16 to 19. while forward" also advanced 1/16 to 19.
Paid-up Capital
.$10,000,000
Reserve Fund
£3,000,000 ing £3,000,000
Reserve Liability of Pro-
prietera
$20,000,000)
Reserve Liability of Pro-
prietors
3,000,000|
or Seat
Bengkok
Bumb
Agencies and Branches:
Hello
Zengoon Angio Deinerung
Kala Lumpur
Shanghai bagspaw
Cavapora
Madras Marlia
New York Piping
Taiping WTOREK
(Pasing) Posing
Talones Lambongs
HEAD OFFICE: HONG KONG.
Hon. Mr. J. J. Paterson.
Chairman
G. Miskin Esq.,
Deputy Chairmas.
Hon. Mr. W.. Bell, J. Masson Estab AH. Compton Esq, T. E. Pearce Esq, Coombe Hon. Mr. S. M. Dodwell,
Deli Haiphong A. Plummer Esq, Kamarg
Bankow Harbin
Hon. Mr. M.`T. Johnson,
A. L. Shields Esq. Bong Lake
ΑΝΟΣ
V. M. Grayburn, Esq.
Chund Managet.
- BRANCHES
LONDON
LIONS
MALACCA
MUKDEN
PEIPING PISANO RANGOON
SAIGON
CHEFOO COLOXBO DALE FOOCHO HAIPHONG HANDTHE HANKOW HARBIS
HONGKEK
ILOILO
1POR
JOHORE
КОВЕ
XOU LOON
KUALA LUMPUR
SOCHARAYA
TONTO
YOKOHAMA
Curst Acousta opened in Local Currency and Fried agonite received for one year oe shoesse Demode / Local Currency and Sterling es wa which will be quoted on application
ALSO p to cam SLFE DEPUSIT BOXES in
Forsign Exchange and General Banking business
Current Accountɛ opened and Fixed Deposit roved for one your or sharine paroda dizai which will be quoted an application.
The London on New York cross- -U.S.$5.- rate was quoted at 05. as compared with US- $5.04, while the New York on London cross-rate was quoted at U.S.$5.05. 5/16, as compared (with £-US$5.03%-
COMMODITY PRICES
The following quotations have
The Bank's Band Omos in Looden andras been received by Renter:--
· Prevalor and Truston businem, mod ulazna
of British Income Tax overpaid co verzne which may be manuetained at any al sta
A BREARLEY.
THE CHINA & SOUTH SEA BANK, May
Hong Kong, 24th February, 1936. Branches-All Important. Cities in
China
Prev. Yesterday
TO-DAYS QUOTATIONS
CHINESE ESTATES, LIMITED
The following was the list of SECOND INTERIN DIVIDEND local-share quotations "issued to- day:
Banks
H. Bank $1595 b.. $1600/1605
Sa
H.K. Bank (London) £1021⁄2 Chartered Bank $13% n. Mercantile Bank A and
531%
Mercantile Bank C. £14% n. Bank of East Asia $76 b.
Insurances
NOTICE IS HEREBY GIVEN Įthat a SECOND INTERIM DIVI-
DEND for the year ending 25th February, 1937, of two per cent, that is $2.00 per share. will be paid on all shares in this Company: Bon. Saturday, the 19th September, 1936, at the Company's Office at China Buildings, 5th floor.
:
Canton Ins. $275 11 Union Ins. $575 b.. $580.sa. China Underwriters $1 a. China Fire Ins. $462 n. HK. Fire Ins. $255 m. International Assce. Sh.$31⁄4 m
Shipping
Douglases $30.
H.K. Steamboats $4 n. Indo-Chinas (Pref.), $30 D. Indo-Chinas (Def.) $20 Shells (Bearer) 111/101⁄2 n. Union Waterboats $12 n.
Docks, etc. HK & K Wharves $108 b and
H.K., & W. Docks $1832 b. and
Providents (old) $25, $1.95/-
2.05 sa. Providenta (New) 20 cts. 1. Hons Kew $185 m.
Mining
Closing Closing
NEW YORK
| Agencies and Branches.
Manager.
SAN FRANCISCO
Hong Kong, lat Jamary, 1835.
SHANGHAI
SINGAPORE
New York Cotton: October
..... 1153 December January March
11.55
12.14 12.16
11.5T
12.19
11.60
12.15
SUNGE! PATANI
1161
12.17
TIENTSIN
TSINGTAG
LIMITED
Capital Reserva
(Incorporated in China) Head Office-Shanghai
-$7,500,000.00 .$1,500,000.00
July Spot New York Rubber: September...
11.61
12.12
11.91
12.54
16.25b
16.231
October -.. 16.285
16.29a
¡December 16.44 January..... 16.47 March .. May
16.39
16.420
New Engineering Sh.$4 m Shanghai Docks Sh.$81
m.
.16.53
16.50
16.66
16.608
July
16.700
16.64m
Chicago Wheat:
September
1114
111
December
„Tel. 28365
110%
110%
May
-109%
309
Chicago Corn:
Antamoks $5.35 b.
September
Atoks $1.08 sa. ex. rts.
112%
111
December
94%
Baguio Gold 59 cts. r.
May ......
Balatoes $24 1.
91
90%
Winnipeg Wheat:
Benguet Consol $24 n.
October.
98%
1000
Beguet Exploration 45 cts. b
December
96%
9844
45/454 cts. 33.
Authorised Capital $10,000,000
May
983
100%
Big Wedge 77 cts. b.
LONDON BANKERS:— Westminster Bank, Ltd.
HONG KONG SAVINGS BANK
The Boxine of the bove Bank is cod
wd the HONG KONG AND SHANGHAI BANKING CORPORATION.
obtained on spplicati
Kalamay D
FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION.
7.X GEATBURN,
Chad Manager.
Hong Kong, 24th February, 1936.
THE BANK OF EAST ASIA, LTD.
Autherland Capital
Paid-up Capital
---------$10,000,000,00
$ 5,508,100.00
Heserve and Undivided Profi 2,085,095.0
HEAD OFFICE-BUNG KONG.
X, De You Buad, Cente BOARD OF DIRECTORS:
Hon Sir Shoa-son Chow, Chairman. I Loco Chut, Eng., P. I. Ewok Zeq. Ploeg Yue TooL. E. Chan Ching Shak, Esq., Li Lan Mat Bet, Wong Chu tion, Zaq, and San Yine Ping
Fan Ting To, Egy, Chief MraURE OF
Li Im Fong. Eng. Hazeget.
AND AGENCIES:-
BRANCHES AND
Manila
AINOJ
Mimitok
Bombay
Calcutta
Haip Hacker Homokule Sobe Kowloon London
New York
Esake
Paris
Peiping
Rangoon
San Francisco
Seattle
Sewing Shanghai singspor Sourabaya Swatow Sydney Taiban
Tokyo
Josebama
Every dription of Banking and Exchange approved bia C Loan granted
Current Accata opened in Local Curemacy and Pd Deposite received for one gast är shorter periods in Loew and Foreign Corrsocia wc terms which will be quoted on application.
Safe Deposit Boxes Is Let
KAS TONG PO.
Chini Msangre
THE YOKOHAMA SPECIE BANK
LIMITED
Established 1880
Capital (full paid-up) Yen 100,000,000
Reserve Fund
Yen.129,150,000
Head Office: YOKOHAMA
Branches and Agencies xt
Alexandria
Bangkok
Batavia
Berlin
Bombay
Calcutta
Canton
Moji
Nagasaki Nagoya
New York
Osaka
Paris
Peiping
Dairen (Dainy) Rangoon
(Mukden) Rio de Janeiro
Hamburg
Harkow
Farbiz Elore Song
Honolul
Bainking
Karachi
San Francisco
Seattle
Semarang
Shanghai
Singapore
Sourabaya Sydney Tientsin Tokyo Tsingtau
Kobe
London
Los Angeles
Manila
Yingkow
Interest allowed for Current Ac-
counts.
Deposits received for fixed perioda
at rates to be obtained on "applica-| tion.
Manager.
G. KISHINAMI,
Hong Kong, 3rd July, 1928.
THE
SHANGHAI COMMERCIAL & SAVINGS BANK÷LIMITED- (Incorporated in China)
Capital paid up
Reserves
25,000,000.- $7,500,000. Capital Savings Dept. $500,000. Reserve Savings Dept. $600,000. Head-Office-Shanghai
A Bank having är its mission- the industrial development on China and the fostering of bes commercial relations. abroad. Hong Kong Office →ÇMA
¿A, Queen's Eoad: Central- Phone "X1114
Forsign Exchange and General Banking Buise Curs and Sering Actouste opened sad Fizi Depasite renaived for one year of shorter parada na zelen which will be quoted on application.
SOG CHẲNG
HONG KONG BRANCH:
3. De Tax Bood, Centra
Maungu's Ober
Fugs Exchange Dept.
Geral e m
Cash US
BOGER
THE WING ON BANK, LTD.
Head Office: Hong Kong
26, Des Voeux Road Central
961
Foreign Exchange and every desBRITISH EXCHEQUER RETURNS
cription of banking business transact- led.
London. To-day. The exche Current Accounts and Savings Ac-
Fixed Deposits requer returns show that the total counts opened. ceived at rates which will be quoted ordinary on application.
revenue
amounts
to
£248,504,976, .compared with £255.- Trusteeship & Executorship under-596,164 at the corresponding date. taken. Safe Deposit Boxes for hire of last year. The total ordinary
PHILIP GOCKCHIN,
expenditure is £225,528,493, com- Chief Manager.
pared with $313,118,900 at the correspording date of 1935.Bri- Itish Wireless Service-
THE MERCANTILE BANK OF INDIA, LTD.
HEAD OFFICE:
1. Gowerchurch Street, London, EC.S. Authorised Capital...£3,000,000 - 1,800,000 Subscribed Capital Paid-up Capital
1,050,000 Reserve Fund & Rest 1,247,830 BANKERS: The Buruf England & Macaud Honk Labin
DRANCIES:
haudy
Den
* Spai
Boley
Delhi
Valle
Hong Hour Humral
Barack
Kota Bharu.
Kanin Lipin.
Библи
BERLIN SHARE MARKET
Berlin, to-day-The depression that prevailed on the share mar ket last week became even more evident resterday, large quanti- Įties of stocks being offered but few bought Prices declined. Fixed-interest securities were firm. Call money stood at 3 to 134 per cent-Trans-Ocean. Ser- Mrvice.
New York
-
Port Lovin
Bangun Shapi
Homestan Fati riotin Madrus
Singapore
HONG KONG BRANCH. Eser description of Banking and Exchange |burisers transacted,
Travellers 1gure inaped.
Troster and Executorshipe vodertaken. INTEREST silowed on Current Accounts Fited. Deposita at Bates, that may be seertaisted on applicat.co
1. KENNEDY,.
7. Queen's Road. Central,
Houy Long, 24th July, 185,
Nesager.
SWISS BANK RATE LOWERED
Berne, to-day:The Swiss Na- tional Bank has decided to lower the discount rate from 2% to 21 per cent, as from to-day. The last change was 'made on May 3, | 1935.—Trans-Occan Service.
HOME LEAVE TO
ENGLAND
VIA
AMERICA
TRAVEL A NEW WAY BY EREAKING YOUR SEA VOYAGE WITH A PLEASANT AND INTERESTING « TRIP ACROSS THE AMERICAN CONTINENT BY AND MODERN TRAINS. COMFORTABLE NUMEROUS SIDE TRIPS BY VARIOUS ROUTES.
1
LET US PREPARE YOUR ARRANGEMENTS NOW.
THE AMERICAN EXPRESS CO., INC.
Incorporated with Limited Idability in U.S.A."
4 DES VOEUX ROAD CENTRAL
Kailan Mining Ad. 10/- n. Langkats (Single) Sh.33 . Shai Exploration Sh.52 n. Shanghai Loans Sh.$2 n.
Raubs $11.60 b.
Venz: Goldfield $43% b
Consolidated Mines 104/
sa
Demonstrations $1.50 b. and
Gold Greeks 55 cts. n.
Gold River 12 ets. n.
Ipo Gold 38 cts. n.
Itogons $2.80 a.
IXL $3.45 b., $3.40 sa. Masbate $1.
THE TRANSFER BOOK of the Company will be CLOSED from the 15th to the 19th September. 1936. both days inclusive.
By Order of the Board of Directors.
FUNG PING FAN
1
Director & Secretary.
Hong Kong. 9th September, 1986,
CENTRAL BRITISH SCHOOL
The new premises of the above
school will be opened by His Excellency The Governor Sir Andrew Caldecott, Et, C.M.G., C.B.E.,
KO
MONDAY, Sept. 14th, at 3.00 p.m. All friends of the school are cordially invited.
Special buses will leave the Star Ferry every 10 minutes between 1.50 p.m. and 2.30 pm.
G. E. S. UPSDELL,
Headmaster.
NEW YORK SHARE MARKET
Cyclical Gains Foreseen
FAVOURABLE PROSPECTS
FOR INDUSTRIALS
CANADIAN PACIFIC
NEXT SAILING TO VANCOUVER VIA SHANGHAI, JAPAN & HONOLULU,
EMPRESS OF CANADA
AT NOON, FRIDAY, SEPT. 18th
BOOK NOW FOR YOUR
TRIP HOME IN 1937
conver
Hong Shang- Kobe Naga Yoko- Kong
Baki bama. Honolulu victoria
Louws Arrive Leave Leave Leave Lezve Arries
Steamer E/Canada Jan. 26 Jan. 28
Jan. 31 Feb. 2 Feb. 2 Feb. 14 E/Russia
Feb. 12 Feb. 14 Feb. 16 Feb. 18
Feb. 2 E/Japan Feb. 23 Feb. 25
Feb. 28 Mar. 2 Man. 8 Mar. 13 E/Azia Mar. 10 Mar, 12 Mar. 14 Mar. 16 Mar. 18
Mar. 97 E/Canada Mar: 19 Mar. 21 ·
Mar 24 Mar: 26 Apr 2 Apr. 7 E/Russia Apr. 2 Apr. 4 Apr. 6 Apr. 8 Apr. 10
Apr. 19 E/Japan Apr. 16 Apr. 18 E/Asia
Apr. 21 Apr. 23 Apr, 29 May 4 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/Russia. May 28 May 30 June 1 June 3 June 5 June 12 June 18 E/Japan June 11 June 18
Jone 18 June 18 June 24 June 29
For Information Apply To Your Own Agent Or
Canadian Pacific
WORLD'S GREATEST TRAVEL SYSTEM
HONG KONG
Messrs. White, Weld and Com-WAR BETWEEN SEXES cts-pany, New York Correspondents
for Messrs. S. E. Levy and Com-) sa-pany, report:--
Northern Mining 52 ets. sa. Paracale Gumaus $1.10 b., $1.12
*2.
Salacot Mining $19 n.
San Mauricio:$4.10 b. Santa Rosa 14
n
Lands, Hotels, etc. H.K. and S. Hotels $5.90 sz
Stocks: The standard of the present narrowly fluctuating mar
IS FUTILE
(Continued from Page 4)
Furthermore we don't win
kets with average prices close to allies with criticism. We win recovery peak levels, reflects high-with humour, with tolerance,
TEL. 20752
INVESTMENT FIGURES
Deposits Reach New Records
London, To-day The deposits of 11 London banks advanced in
ly favourable industrial prospects with patience mingled with per-clearing
A feature
for continuing cyclical gains insistence, with an unfailing will-August to a new record figure of industrial volumes and profits. Wel
ingness to teach, again and £2,245,889,000. would limit shifts
The figure re- to individual portfolios, primarily assuring ad-again, and with respect and un-presents an increase of £157.000,-
derstanding.
1000 since. August 1935 and £425,- equate representation in durablej
We win, too, by giving credit 000,000 since 1931. goods and industries, without ma-where credit is due giving it of the bank statements over the Suyoc Consol. $1.20 m., $1.10 sa terially altering comfortable in-
Most men want last 12 months, which points to generously. vested positions. The recession of to be fair toward women. It is increasing trade United Paracales $250
activities activity for September due to au- Mambulao
and a fact that some of them are healthier financial conditions, is tomobile model changes is regard prejudiced or a bit sentimen- the growth of over £81,000,000 in ed as temporary and the highest tally chivalrous or determined advances though about half of H.K. Lands $40% b. $40/41 saggregate auto production since to keep things comfortably this is accounted for by a credit 1929 is expected for the final four static. But most of them want arranged for the French Treasury months of this year. Bevised esti- to be fair, and if convinced and a decline of about £3,000,- n. mates are forecast, of a reduced that we also wish to be fair,000 in investments
Federal deficit for the 1337 fiscal and that we do not seek "equa-had doubled
after. these year. Railroad traffic and earnings lity" and "special privileges" in 1935.
between 1931 and The advances, however, are improving. Industrial ear-the same package. they will are still over £63,000,000 less than ings, together with the new m-listen seriously and try to see in 1931-British Wireless - Ser- distributed profit tax, are expect-our points. clearly. Then there vice.
HK 4% Debentures 105%. IL Shanghai Lands Sh$13 n Metropolitan Lands Sh. $10 Humphreys $9% n H.K. Realties $5.60 n. Chinese Estates $30 n. China Bealties Sh.$4 m.
China Debentures Sh.460 1.
H.K.
Public Utilities
Tramways $134 $11.10/13.60 sa. Peak Trams (old) $6% n Peak Trams (new) $2 ni Star Ferries $92 b.
ed to result in greater disburse is always the thrill of winning k.,ments by many companies. Busi-among them a new active ally
ness done:-1,720,000 shares.
an ally not in a fight against Wheat: Conditions on the wheat men, but in a fight of both men market continue strong and
we and women for a more
RAW RUBBER
expect higher domestic and world generous, more enlightened and Latest Quotations From Yaumati Ferries $211⁄2 b., $2134 prices. Total sales:-15,282,000 more beautiful world
Singapore 3., $2134 sa
C. Lights (Old) $13% b
$13.30/.06 83.
C. Lights (New) $10 b..
HK Electric $55
$555/56.82.
bushels.
#
Messrs.
We might well remember too Cotton: The Government cotton that we women do not always
B. Joseph and crop report estimates the crop at stand together in this achieving Co. have received the following 11.121,000 bales, condition 59.1% of "equal right." The man who quotations in Straits Currency
b., $56 s, of normal and ginnings up to honestly believes that business from Singapore for Raw Rubber.
August 31st. at 1,373,863. These women should have 2s fair an
Maczo Electrics $20 a.
Sandakan Lights $8.30 n. Telephones (Old) $29 b. and Telepphones (New) 9
$9%/9.90 sa.
China Buses Sh.$11% n. Singapore Tractions 29/- n Singapore Pre£ 29/- n.
Industrials
figures are regarded as being very opportunity as he has, may find Spot
ballish. There was heavy-profit his faith shaken by some Oct./Dec.......
sa taking at the reopening of the woman who will do almost any-Jan March market today, but general buying thing for flattery, or who de April/June has since developed and we would mands, even in a business office, advice the purchase of cotton at all sorts of special considera- around 12 cents, which we consider tion.
Malabon Sugars $91⁄2 1. Cald, Macg. (Ord.) Sh$191⁄2 a Cald, Macg. (Pref), Sh.$15 n. Canton Ices $2.20 b. Cements $11 b. $11.60/70.8. HK Rope $4 b.. $4.05. sa.
Stores, etc.
Dairy Farms $22-1.- Watson $4.85 b. Lane, Crawforda $63⁄41⁄2 n. Mackintoshs 25 p Sinceres 3
WEL Powells 40 eta. n. Wing On (HK) $50 n.
Cotton Hilla Ewa Cottons Sh.18 bay
(old) Sh. Shanghai Cottons
Shanghai Cottons (new) Sha
Zoong Sings Sh.$18 n Wing On Textiles Sh.$25. n.
....... MagallanesNS"," Entertainments $3 m
S. C. Enterprises $135 n. Macao "Greyhounds" 12 m.
to be cheap. A volume of hedge-
sales, which had been held until
Must Be Great-Hearted
Market: Weak.
Buyers 26% Down % 26% Down 26% Down 26% Dow
REICHSMARK QUOTATION
Berlin, to-day-The Beichs-
guarantee at: New York, 40. Trans-Ocean Service.
after publication of the Govern- Women of experience, with a ment report, temporarily checked dispassionate view of women's mark was quoted yesterday with- to-day's advance. With print-cloth progress in the world of affairs, sales at double the production need to be at the same time, out figures and the mills well sold great-hearted, not alone to truly help ahead, a large domestic consump-understand and tion appears assured. A large per-women and girls who see less centage of the crop in the South-far or deeply, but also to under- West will be of short-staple on stand and help men to win or account of the drought. We think keep their faith in spite of such
"obstacles." that the enlarging of long positions
“HINDENBURG" LANDS SAFELY
Friedrichshafen. To-day. The Only as those airship Hindenburg, which had
at around the present levels would who see, help those who do not, been unable to land earlier in the can we all go forward; and the day yesterday owing to gusty be advisable.
Flash: Steel mill activity during dividing line, if it could be winds, landed asfely at 5.45 p the past week is estimated at 682 drawn, would not leave the Trans-Ocean Service.
women all on one side and the per. cent of capacity.^.
Constructions (old) $1% n Constractions (new) 60 cts. n. Vibro Piling $33⁄41⁄4 b. Ch. Govt. 5% 1925 G/Bds
HK Govt 4% Loan 7% prem.
HK Gost 34% Loan par, Wallace Harpers, 34 n-
men on the other.tance, understanding and patient But let us draw no dividing effort, this consciousness will lines. Let us carry no chips. take us more surely to our "goal Let us instead, search one an-than could be achieved by even other for evidence that will the most carefully chosen chips. build into our consciousness the for- our highly responsible conviction that men and women shoulders. want to work together, and to And you, Sir, who asked me be fair to one another. Sup to tell them"Is this at all ported by kindly humour, toler-the sort of thing you meant