BANKS

HONG KONG AND SHANGHÀI |: THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital

Reserve Funds:-

$50,000,000

Imaned and Fully-Paid-up. 20,000,000

Sterling ......£ 6,500,000

Hong Kong Currency

INDIA, AUSTRALIA & CHINA

Agendes and Branches:-

Incorporated by Royal-Claciar, 1853). HEAD OFFICE: LONDON

Paid-up Capital

Reserve Fund

.£3,000,000 _55,000,000

Reserve

$10,000,000

'Reserve Lisbility of Pro-

prietors

$23,000,000

Seserve Liability, of -- Pro-

prietors verame

9,000

Hangoon

•Anfiteat

Задность

Zacvecan Lama

Jinghon

dunia istoper

Suppors

Suching

ba

Medie

Lemo

Medan

Avm. Sork Fuging

Janga

Baumang

HEAD OFFICE: XONG KONG.

BOARD OF DIRECTORS,

Hoa. Mr. J. J. Paterson.

Clairants

G. Miskin Esq-

Deputy ChairenIND

Hon. Mr. W. Bell, J.H. Masson Eag A. H. Compton Esq, T. E. Pearce Est, Hon. Mr. S. 1. Dodwell,

J. A Plummer E64, Hon Mr. M. T. Johnson,

A. L. Shields Ex V. M. Graybarn, Esq.

AMOY

BANGROS

BATANIA

DOMBAY

CALCUTTA

CANTOX CHF700 COLOMBO DAFREN FOOCHOT KAIPRONYI

HAMBURG HANKOW MARKIN

HONGLET

ILOILO

בנדנו

JOHOKE

KOWLOOK

AKRAMCIUES :-

SCALA LUMPĽA

LONDON.

LYONS

NALICCA

MANILA 'KUAR (Johor)

KCEDEN

NEW YORK

PETING

PENAND

KANGOUS

BALGOR

SAN FRANCISCO

SISXIPORE

SOURABAYA

SERGEI FATANT

TLEKTSIN

TORTO

TRINGTIO

YOKOHAMA

Currens nocubia opened in Loal Currency sai Fixed Depocta remired for sue year or short

keda to Loss! Comenty and Burling c whink will be quoted an application.

ALSO 39 109 KAFE DEPOSIT BOXES in Varicka i TO JASI.

Hong Kong, 24th February, 1935.

HONG KONG SAVINGS BANK

The Buminen of the above Bank in condere: ed by the HONG LONG AND SHANGHAI BASHING CORPORATION.

sblamed on application.

DİNG TRAY

FOR THE HONG KONG AND SHÁNG HAI BANKING CORPORATION.

1

V. GRAFBURN,

Chief ManaINE.

Hong Kong, 24th February, 1936.

THE BANK OF EAST ASIA, LTD.

Ausborland Expital

$20,000,000,00

Paid-up Capital stan Returns and Undiraded Pelita —......$ 2,065,203.51

ICE: LONG SONG.

HEAD OFFICE

10, De Tauz Road, Canzral

DOLED OF DIRECTORS——

Hon. Sir Shou-son Chow, Chairman

ta Loog Chen, E. P. K. I. Essa Tru Tong, Eng. Clin Ching Shak. Eng.

ای ایران

مانيقة

Lak

sh

Formiga change and Desings Banking busin {LATTALIONA MASA.

Current Asuste opened sal lied Dupatta {mabet, vaid kor one year or aborter parade as sal

wiata wad be quoted on application.

Ape Domi's lived · (then in London madarsakes

mowy o prisma Lomonen. Ist overpaid, - na sarma which may be amortaised at any of its Agnacion murd Baches.

A BREAKLEY,

Manager. Hong Kong, 1st January, 1985.

"COMMERCE AND

FINANCE

LOCAL SHARE

MARKET

TO-DAY'S QUOTATIONS

INA-MAIL, FREMY, SEPTEMBER 25, 1936

The following was the list of local share quotations, issued

to-day.

Banks

H.K. Bank $1610 b. and sa. HK (Lon Bed) $103 m. Chartered Bank $15 a. Mercantile Bank A. and

$314 n.

Mercantile Bank C. £141⁄2 ma Bank of East Asia $80 b.

Insurances

Canton Ins. $270 . Union Las. $580 b.

China Underwriters $1 n. China Fire Ins. $462 p. HK. Fire Ins. $255 n. International Assee. Sa$334 ¤

Shipping

THE CHINA & SOUTH-SEA BANK, Douglases 130 n.

LIMITED

(Incorporated in China) Head Office-Shaghai

Capital Reserva

.$7,500,000.00 .$1,500,000,00 Branches-All Important Cities in

Chiza.

Torgo Exchange and General Banking. Busines | transacied.

Current and Baring Account sprowć and Fizsá | Duponta ewond 10% was year di aborter penol fet mies vhach will be good on application.

BOU Z CLANO.

Alsager.

HONG KONG BRANCH: 24. Du Vaux Bec, CHOLA!. Scenogue's Ofen Tel. 87565 Foreign Exchange Dept. muitas one options

13500

THE WING ON BANK, LTD.

Head Office: Hong Kong

26, Des Voeux Road Central Authorised Capital $10,000,000 LONDON BANKERS:-e. Westminster Bank, Ltd Foreign Exchange and every des ¡cription of banking business transact jed.

Current Accounts and Savings Ac Fixed Deposits, re counts opened.

MADE Z Wong the Son, E. and Seceived at rates which will be quoted.

1. deg.

Atmay

Ian Ting Po. Esq. Chic Manage.. X-Cab Long, Ragus Namestu j

BRASCHES AND AGENCIES:--

Laiphong

Hous

Malbanna

Saquonki

Cake Partn

Pawang

Swatom

Sądowy

Bangaon

Tokyo

San Francison

Ahootwe

Every description of Ranking and. Zowchange! kosinus commected. Los gabled og · magevvel, Comacy

GROETING.

-and-Final Deposits

factor lode in Legal and Foreign Corries on seans, which will be quoted an application

Safe Deposit Boses In In DONG 10.

on application.

Trusteeship & Execitorship nader- taken. Safe Deposit Boxes for hire.

PHILIP GOCKCHLIN, Chief Manager.

CONTINUED SIGNS OF RECOVERY Railway Takings Up In England

London, To-day. Signs of the cumulative effects of the industrial recovery of the last few years appear in current; statistics and reports The gross THE YOKOHAMA SPECIE BANK receipts of the four mainline rail- way's last week were $128,000, or! 14.3 per cent over the total for the corresponding week of last year, while the takings for the year

·Capital (full paid-up} Yen.100,000,000 to date exceed those for the same Beserve Fund

LIMITED

Established 1880

Ten.130,900,000

Head Office: YOKOHAMA

Branches and “Agencies at

Морі Nagasaki

Alexandria

Bangkok

Batavia Berlin

Bombay

*Caxton

Calcutta

Dairen (Dains)

Nagoya

New York

Osaka

Pazz

Peiping Rangoon

Fengtien (Makden) Rio de Janeiro

Hamburg

Hankow

Harbin

Hon Long Honolulu Esinking Karachi

Kobe

Landon

Los-Angties

Marila

San Francine Seattle

Semarang

Shanghai

Singapore Surabaya.

Sydney

Tientsin

Tokyo

Tsingtan

Yingkow

Interest allowed for Current Ae-]

COIZEĆE.

Deposits received for Azed periods at "zabes to be obtained on applica- tion.

DAG. KISHINAMI,

Manager. Hong Kong 11th September, 1935.

SHANGHAI COMMERCIAL & CESAVINGS-BANK-LIMTED-

(Incorporated in-China)

Capital paźd

Capital Savings Dept. -$500,000, Reserve Eatingn Dept. 3800,000, Head Office Shanghai

A Bank having as its valssion the industrial development com Chins and the fostering of her commercial relations abroad. Hong Kangi OlhanelA

6, Queen's Bool Central.

Phone 21116,

period of 1935 by 3.2. per cent. In the Tyne the number of ships laid up

is reduced to 32-the lowest for six years.--British Wireless Service.

HK Steamboats '$4 n. Indo-Chinas (Pref.); $30 a. Indo-Chinas (Def.) $20 a. Shells (Bearer) $111/11⁄2 a. Union Waterbosts $12 a.

Dicks, etc.

HK and K. Wharves $116 b.

8115/117 $8.

HE. and W. Docks 31334 b Providents (Old) 32.45 & 52,40

Providents (New) 20 cts. I. Hong Kew $185 m.

New Engheering. Sh3⁄4 n. Shanghai Docks Sh.81% n

Mining

Kilan Mining Ad. 10/6 n. Langkats (Single) Sh.34 n. Shai Exploration Sh.42 n Shanghai Loans. Sh $2 z. Raubs $1135 b.

Venz: Goldfield $451 m. Antamoks $5.40 n. Atoks $1.17 n.

Baguio Gold 60 cts. så Balatoes $24.

Benguet Cousol. $231. Benguet Exploration 43 cts. b. Big Wedge 78 cts. b. Consolidated Mines 10 ct. b.

10/10% ets. sa.

Demonstration

$1.42

$1.574/44 sa.

Gold Creeks 50 cts, n

.

Gold River 12 cts. 1pc Gold 40 ets. n. LXL. $3.12 ¤. Itogons $1.04 sa....... Mambulas 70 cts. s. Masbate $1.03 i Northern Mining 55 ts. z. Paracale Gumaus $1.10 n. Salacot 20 cta.

San Mauricio $4.40 6. and sa. Santa Rosa 17 cts. n. Suyor Consol $1.06.13 sã United Paracales $2.30/.60 sa.

Lands Hateix, etc. H.K. and S. Hotels $6.30 n HK Lands $41 sa.

EK. 4%. Debentures 105 n. Shanghai Lands Sh$13 n. Metropolitan Lands Sh$10 n. Humphreys "$934/10 sa. HR Realties $5.80 s. Chinese Estates $78 u. China Realties Sh.34 n. China Debentures Sh-$60 a.

A Work-Wide Organization of Offices

.b..

the Reason why American Express TRAVEL SERVICE & TRAVELERS CHEQUES have become the twin necessities of every international journey. The Travel Service includes issue of tickets by rail, ses, air and road, reservation of hotel accommodation, arrangement of tours by rail and private car, bookings for cruises, courier and interpreter service, mail service and visitors' reading and writing rooms. The Travelers Cheques provides- ready money in a form safe to carry, being issued in convenient amounts and accepted everywhere-

uncountersigned. refunded if lost Falue

*BANKING & SHIPPING These services are offered by the principal oices, including foreign exchangs, transfer of funds by mail and telegraph, opening" "of deposit and current accounts, issue- ́of Travelers Letters of Creditzand?

ether international banking trans- actions: shipment of merchan- dise, baggage, securities and valuables (through Tates quoted through bills of

lading (issued)

YOKOHAMA "PEPING-

TIENISIN

SHANGHAI MANILAN

hold removals, storage and ware

housing, Customs

сенткость.

Red-defenders of San Sebastian are seen above firing at the insurgents from the roof of a church. Many snipers operated. from such vantage points as these when the insurgents were es« tering the town last month.

Public Utilities H.K..Tramways $12. S. Peak Trams (old) 361⁄2 1. Peak Trams (new) $2% I Star Ferries $95 n Yaumati Ferries $2214 sa. C. Lights (018) $1531⁄2 n. G. Lights (New) $11 b, and sa. HE. Electrics $55% sa Macao Electrics $20 n.~* Sandakan Lights $8.30 1. Telephones (Old) $31 sa Telephones (New) $12.10 sai China Bases Sh.$11 n Singapore Tractions: 29/- si Singapore Pref. 28/- n

Industrials

Malabon Sugars $9. Cald, Macg. (Ord) Sh$19. Cald., Macg (Pref.) Sh.$15. Canton Ices $2.20 b. Cement. $12 S. HK Ropes, $3.90- s,

Storer, etc. Dairy Farms $23 b. 23 sa. Watson $455 1.

Lane, Crawfords $6% 2. Mackintoshs $3 1 Sincerest

Wm. Powells 40 cts. Wing On (ELK.) STO n.

Cotton Milla

Ewo Cottons Sh.$0.20 sa. Shanghai Cottons (old) Sh.

$72 b.

Shanghai Cottons (new) Sh.

341 b.

Zoong Sings Sh$18 b. Wing On Textiles Sh$25 a

Miscellaneous

Entertainments 83 m.

S. C. Enterprises $1.35 1. Macao "Greyhounds" $2 x. Constructions. (old) $13⁄4 1 Constructions (new) 50 ets. 11. Vibro Piling $4 n.

Ch. Govt. 5% 1925 GșBds. —

97% b.

H.K. Gort. 4% Loan S% prem.

b.

H.K. Govt. 32% Loan par. b. Wallace Harpers $6 m.

COMMODITY PRICES

The following quotations have been, received by Renters

Prev. Yesterday Closing Closing

New York Cotton: October December January March

FINANCES OF FRANCE "Applying A Poultice To A Volcano”

FURTHER BANK RATE RISE

London, To-day.

"Like applying a poultice to a volcano," remarked a financial humorist. interviewed by Reu- Iter on the increase of the French This bank rate to 5 per cent. summarises the City's reaction to the Bank of France's attempt to ward off the inevitable.

Yesterday's bank return, show- ing a further shrinkage of gold by £10.9 millions, illustrates the efforts impossibility of France's

to blend an inflationary internal policy with rigid adherence to the present gold parity.

announce-

The foreign exchanges, there- fore, while slightly favouring the frane following the {mezt, continue to show an extremely weak undertone for franes, accentuated by the failure of the Baby Bonds to wipe off the the provisional advances to State, which, according to yester-

|

return are

day's bank

further swollen by £16.13 to £189 millions, while the Baby Bonds have only yielded £53 millions-Reuter.

FRANC RALLIES

London:

Following the news that the Bank of France had rais- ed its rate of discount from 3 to 5 per cent. the French franc, which earlier bad shown weakness. ral- lied somewhat on the foreign ex- change market. The bank return shows an increase in the note cir- culation of £242,000, which City commentators incline to attribute chiefly to buying by French board- ers.-British Wireless Service.

NEW YORK STOCK MARKET

Prices Fractionally Stronger...

CONTINUED TRADING

AVE RESTRAINT

Messrs. White, Weld and Com

11.84

11.85

1188

1185

1187

11.84

1186

1181

MBY

1182

11.79

July

A171

-1168

pany, New York Correspondents for Messrs. S. E. Levy and Com-

Spot

12.24

12.24

ork Rubber:

16:40

16.40

16.438 1640

pany report:-

BOOK

NOW FOR

YOUR TRIP HOME

VIA CANADA

IN 1937

NEXT SAILING TO :

VANCOUVER EMPRESS OF RUSSIA. AT NOON, FRIDAY,

OCTOBER 2nd

Steamer

1937 SAILINGS

Vancouver Shanghai Kobe Yokohamaa Honolulu Victoria

Hong

Hong

1

E/Canada.

E/Russia

t

E/Japan

E/Asia

E/Canada

£/Russia

Lecte Arrive Lear Leare Leave

2 Feb. Jan. 26. Jan. 28 Jan. 31 Feb.

Feb. 12 Feb. 16 Feb. 18 Feb. 23 Feb. 25 Feb. 28. Mar. 2 Mar

Mar. 10 Mar. 12 Mar. 16 Mar. 18 Mar. 19 Mar. 21 Mar 24 Mar. 26 April April 2 April 4 April 8 April 10

Arrive

3 Feb,,14

Feb. 27

$. Mar. 13

Mar. 27

2 April 7

April 19

E/Japan E/Asia E/Canada E/Russia

April 16 April 18 April 21 April 23 April 29 May April 30 May 2 May 6 May May 14 May 16 May 19 May 21 May 25 June

May 17

2

May 25 May 30 June 3 June

5 June 12 June 18

E/Japan

June 11 June 13 June 16 June 18 June 24 June 29

For Information Apply To Your Own Agent Or

HONG

Canadian Pacific

SPANS THE WORLD

Tel. 20752

1937

KONG $ DIRECTORY

NOW BEING COMPILED

Business Houses, secre-

are, TC-

taries of Clubs or Asso- ciations etc.. quested to return the forms containing full particulars as soon as possible.

New firms, clubs or as sociations are requested

to apply for the neces- sary forins which will be seat on application.

THE

HONG KONG DOLLAR DIRECTORY

3A, Wyndham Street Tel: 20022-

LOCAL DOLLAR STEADY

Silver Prices Firm

Now's the time

to do it]

RAW RUBBER Latest Quotations From Singapore

Stocks Stock prices to-day were fractionally stronger on + lighter volume of trading, but in- dustrial issues are still below

Messrs. H. B. Joseph and The local dollar is steady. their high levels. The hesitancy, opening on demand this morning Co, have received the folowing 16.55a 16.50

16.530 which was in evidence to-day at 1/2-25/22 16.571 16.54 6.60 16.748 16.68 16.830

suggests continued trading re-

Danda quotations in Straits currency "Spot" silver was steady at 19 trom Singapore for Raw Rubber. straint Business done: 1,190,-7/16, while "forward" was also

Co-operatives and

{frm at 19/7/16 17 17

The London on New York cross- Spot

Buyezz

26% Unchanged

26%

27%

Market-Quiet

1000 shares.

Cotton: large "spot" houses are heavy sellers. There was some good rate was quoted at US$5-Oct/Dec.

with US$5,- Jan./March 06%, compared buying by the Trade. We are 06%, while the New York on April/June still bullish is our outlook and

was quoted London cross rate we think that prices will advance -U.S.$55 as compared with in the near future.

January

March

May

July

16.792

SINGAPORE Chicago Wheat: COLOMBO

September 1163%

December "...

115%

1187 117%

CALGUTTA BOMBAY

116

Chiengo Corrid

September December

|May

8934

Winnipeg Whest: October December

May

-109% 1082 ~110%-

110% 1000 bushels, 112

Flash: The National Power)

for 30 cents per share.

THE AMERICAN EXPRESS CO., INC. Incorporated with Limited Liability U.S.A

4 Des Voeux Road, Central,

HONG KONG,TAM

General Foreign Agents for the New York Central Railroad

Data doo Wheat. The quick recoveries

1134 in the Liverpool market confirm

£-U.S.$5.06.

& Light Company for the year

95% the strength of the world situang August 31 earned 92icents

LONDON DOCK FIRE-

90% tion. There is increasing aper sham, 25 s compared with 80 Fire, which broke out, in a grain

prehension regarding weather

conditions in Argentins, and cents during the previous year.elerator and threatened vessels The Pacific Lighting Company moored in the King George V. 111% Australia. Total sales: 50,544, to day declared an extra dividend Docks, London, was extinguished

after two hou

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