BANKS

-HONG KONG AND SHANGHAI

BANKING CORPORATION

Authorised Capital ......

..$50,000,000}

Issued and Fuity-Paid-up. 20,000,000₫ Reserve Funda:

Starling ........£6,500,000

Hong Kong Curency

*-----$10,000,000

Kaserve Liability of Pro-

THE CHARTERED BANK OF INIMA, AUSTRALIA & CHINA;

Inostponed by Burai Cherie, 1903. HEAD OFFICE: LONDON

Paid-up Capital

Beserve

Reserve Fund

£3,000,000 £3,000,000

Reserve Liability of Fro-

prietors

£3,000,000

prietors

..$20,000,000

RED OFFICE; HONG KONG,

Atne Sza

JANDOA

BOARD OF DIRECTORS.

Hon Mr. J. J. Paterson --

G. Miskin Fać,

Deputy Chalcimen.

Agencies and Branchés:

"DONAT Laloute Camson

Laurora

Hon. Mo. WHL Bell, JR. Masson. Baz, Sabu AE. Compton Esq., T. E. Pearce Bag,{D Hon. Mr. S. M. Dodwell,

Hambur

J. A Plummer. Bag, Hans Hoa. Mr. M. T. Johnson,

|Hong Zong

AMGY

A. L. Shields Bag,

V. M. Grayburn, Esq

BADGEOX MATATIA

BUMBAY

CALCUTTA

CANTYEM CHE-POO CALOXMO

FOUCHOW RALPHUNG

MAS ISLJANJ HANKOM MAKSIM BUSULET

اليامي الباطلة

K

JUSTRE

ADEN

ANWLOOX

Chalet Maunger.

BEANCKES ==

ACALA LUMPUR

LYONS

MALACCA KENDA

AULDYS AFW YURT

YELPING

PENANG

BANGUN

SÅGON

BAN FRANCISCO

BHANGHAR

SINGAPORE

BAR BANATA

SÜNGEL PATANI

TIENTSIN

TUXTO

ISINGLAD TOKUHAMA

Lucenas kostante opted in Local Carrancy and. Pam Deposite tvorved soe voe past or shorter persoon in Lomi Camrency and dieting ONE TEA

bach, will be qucsend on upplagstem.

ALBO x te damo sars DEPOSIT BOXES in con TO LEWE,

Hong Kong, 24th February, 1935.

HONG KONG SAVINGS BANK

The Business of the abom Bank ondoren ed by the HONG KONG AND AMASURAL BAYYING CULPORAESUD.

--PUS - THE LOOS LOS NO-KHANGHU BANKING CORPORATIONS.

V. GRAYSCAN,

Chest Manager.

Hong Kong, 24th February, 1936.

THE BANK OF EAST ASIA, LTD.

Aistherand Capi-------$10,000,000,00 Paving Capriai umeenten zij met de kans op # 2,500,000.00

|

$Decla

Дра

JUNNE

محمد

Devaring t beremban

Kuala Lumpur bangapanI kunkung

Matan

Tangkak

Pasang

Foreign Exchange sand Geostre Banking imominans Current Locounts opened (and Fibed Deposito teossted for one year a shorter periods as "mam venson will be quoted on sypiamson,

مسدسات .

The Bank's hose Oben in Jammina, salaciou {Barousse and

Junta d [PROCUR

Bi Luonnon Tha omagló,

nosessined at ang sĩ in

| terms "which may be Agencias und Beinone

A BREABLET,

Manager.

Hong Kong, 1st January, 1995,

THE CHINA & SOUTH SEA BANK. LIMITED

(Incorporated in China) Head Office-Shanghai

Capital Reserve

..$7,500,000.00 $1,500,000.00 Branches ---- All important Cities in

China.

Forsign Exchange and General Banking Busines

Current and baring Anowarię sponad and Flani ĮDeposits erosevad 207 004 June of diet patiode

at calm which will be goosed_os_appCastion.

BOG E, CHISSG,

HONG KONG BRANCH: 26, Dan Vaux Boed, Gerani Manager'e Uməs Zorgs Eachanga Dagt, m

سمنان تصحين

Case Utfo

-- Tel. 3306s

THE WING ON BANK, LTD.

Head Office: Hong Kong 26, Des Voeux Road Central · Authorised Capital $10,000,000

LONDON BANKERS Westminster Bank, Ltd.

davided Pret 2006,2001 Foreign Exchange and every des-

HEAD OFFICE :-HUNG! KONG.

in, Dua Foruz Bond. Canby S

BOARD OF DIRECTORS—

lexiption af banking business transact-

ed.

Current Accounts and Savings Ac-| Hon Sir Shou-son Chow, Chairman. | counts opened. Fixed Deposits.re

In Moos Chu, Yag., P. 1. Kwak, zag Weceived at rates which will be quoted mang, Kaja Wang Gas Don, King, and Bán Ing on application.

Handy

San Tong Po, Est, Chiat Manager.

La Tas Jong, Magi Masage.

·BRANCHES AND AGENCIES :— *

Sebahag

Shanghai kungspóra

SON bydney

Melbourne

Boun

how Yow

Hapoong Kinase

Imping

KOW

Mangod

huwind

Земарка

Labdie

han Pensaco

У

مصر

"TimeRela

kivery denotipos at Banking and Exchang

Los granted an approved

BECAC.LIB.

Cute Accounts opened in Loui Curredey and Fixed Deponte secured for one p*** sboris paroda sa Loost and Forniga, Curremovas on terza winch will be quoted on appication.

balo sepani Dozas Za Le

KAN TONG 20,

Case Manager.

Trusteeship & Executorship under- taken. Safe Deposit Boxes for hire.

PHILIP COCKCHIN, Chief Manager.

THE

AMERICAN EXPRESS COMPANY, INC.

Incorporated wink Lárusted Liability in CSA Head Office:--65, Broadway,

Capital

Surpins Beserves

Amsterdam Autrey Alberta

THE YOKOHAMA SPECIE BANK | A

LIMITED

Established 1880

Barlin

New York

- U.S.$5,000,000.00 2,260,346.28

BRANCHES:

Givpos Las The tingue Havana Harctery

مستقلا

THE CHINA MAH. THURSDAY, OCTOBER 8, 1936

Commerce

Finance

LOCAL SHARE

TO-DAY'S QUOTATIONS

The following was the list of |local share quotations issued

day:

Banka

HK. Bank $1610 82.

HK (Lon. Reg) 101 n Chartered Bank $151⁄4" n

Mercantile Bank A. and

£3111 Mercantile Bank C. $14% n. Book of East Asis $80.b.-

Insurances

Canton Ins. $270 Union Ins. $580 a.

China Taderwriters $1 a China Fire Ins. $462 n. HK Fire Ina. $255 à.

International Assce. Sh.34 Shipping

Douglases $0 -

H.K. Steamboats $4 n. Indo-Chinas (Pref.) $30 n. Indo-Chinas (Def.) $20 n. Shells (Bearer) $115/- Union Waterbosts $12 m.

Docks, etc.

R.

b.,

HK and K. Wharves $115% n HE and W. Docks $13 Providents (Old) $2.05

"215 z. 212285 Providents (New) 15 cts. n. Hong Kew $160 n. New Engineering Sh.$6 a Shanghai Docks Sh.$812 m.

Mining Kailan Mining Ad 13/- m Langkats (Single) Sh.$34. Shai Exploration Sh.$2 m. Shanghai Loans Sh.$2 m. Raubs. $11.40 b.

Venz: Goldfield $5 b. Antamoks $6.05 Atoks $110

Balatoes Gold 64 cts: 2. Balatoes $23 TL

Benguet Consol. $23 1. Benguet Exploration 41 cts.

43 cts sa

Big Wedge 82 eta. sa. Consolidated Mines 10% eta, sa. Demonstrations $160 b. & sa Gold Creeks 50 cts.

Gold River 12 cts. n. Ipo Gold 38 cts. n. IXL $3.45

Itogons $3.70 Mambulao 70 cts. Masbate $1.06

NEW YORK SHARE MARKET Climax Expected Shortly

TRADING PROFITS SHOULD

SWITZERLANDS DEVALUATION

Important Statement

At Geneva

DESIRE TO ENTER MONETARY AGREEMENT

"CHINA "MAIL="SPECIAL..

Genera, To-day.

In the course of a very animat” ed debate before the Economies and Finance Committee at the League of Nations Assembly yes-1 -BE TAKEN NOW

terday, the Swiss delegate, M. Stucki, declared that Switzerland Mesars. White, Weld and Com-had been obliged to devaluate her pany, New York Correspondents currency, since after the gold for Messrs. S. E. Levy and Com bloc had been destroyed it would pany report:

have been extremely dificult to Stocks-Having in mind the defend the old-parity, even though holiday on Monday, next; the per- the Swiss franc had a gold cover pendicular rise in the market of 86 per centi Deflation would since October 2nd and the sharp have been impossible. increase in the volume of busi But more important than this Ineas at times during to-day, we was the coraideration that Swit- climax before the end of the week to the "declaration of interns- believe that we must look for azerland desired to become, a party and we would start taking trad-tional solidarity," whose purpose, ing profita again to-morrow on it was to revitalise the economic any display of strength Busi-life of Europe. To achieve this ness done-3,030,000 shares. and st the same time prevent a Cotton Private crop estimates rise of prices in Switzerland, the average about 11,500,000 bales, Customs duties and some of the but we believe that this figure important quotas had been chang- has already been discounted.

ed.

Flash: The American Water: works and Electric Company has clared, was prepared to enter into Switzerland.-s0 M. Stacki de- earned $1.51 per share for the the same agreements with any year ending August 31st, as com countries as had just been con- pared with 99 cents per share for cluded with France, designed to the previous year.

The Douglas Airmat Corporatween the two countries –Trans- promote economic relations be tion shows earnings for the

Ocean Service. quarter ending August 31st of $88,032, as compared with $146,- 744 for the same period of last year.

Movement Progressing London: The progress of the movement for the reduction of Average crude oil production trade barriers following the re- for the past week is estimated at alignment of currencies inagurat- 2.987,000,000 barrels, as compar declarations of September 25, w

ed by the Franco-British-American

ed with 3.030,000 barrels the pre-demonstrated again in yesterday's

vious week.

The Edison Electric Institute Proceedings of the Second Com Assembly. The estimates electricity production at mission of the (2,169,000,000 kwh for the cur Swiss delegate, M. Stucki, said brent week, which is an increase that his Government had devalued of 164 per cent over the same principally to show its willingness week of last year.

to participate in an international gesture towards economic recovery, and announced that Switzerland would progressively reduce her

The Czechoslovakian delegate. The following quotations have ment had taken up the study of

M. Veverka, said that his Govern been received by Reuter:

the question of abolishing Prev. Yesterday change control in order to secure Closing Closing abolition as quickly as possible.

Northern Mining 52 cts. L Paracale Gumans $1.52. b. 1.53

Salacot 18 cts.

San Mauricio $5.85 h. 5.90/95 sa.. Santa Eosa 17% cts. D

COMMODITY PRICES tariffs

January March

-16.623

New York Cotton: October December January March

11.97

11.91

11.96 1188

11.38

11.83

11.89

11.90

Suyoc Consol $1.21 sa.

May

11.83

1189

United Paracales $34 b. 3.72 83.

July

1177

Lands, Hotels, etc.

¡Spot

12.37

11.79

12.35

897,612.65

HK and S. Hotels $5.90 2. HK Lands $41 m.

New York Rubber:

October

December

Xion

16.30 ....16,42%

16.44n 16.51

16.301

16.36

16.381

16.472

Kaplas

Pureens

May

· 16.54%

Face

Caing Calenta Can

Madeberg Juteciaken Jumal Loadap

Leping

July

16.670

September

.. 16.74

16.660

Shanghai

Lavarpool

Chicago Wheat;

Барирова

Copenhagen Depija Edinburgh

Lucazo

*Tigubain

December

11434

113%

Luxor

May

112%

112

Lucian

P

Monte Cado

Takabama Zongh

FK. Tramways $121⁄2 3.

July

9874

97

Peak Trams (old) $6%1⁄2 1. Peak Trams (new) $2%

Chicago Corp:

-

December

Star Ferries 5942 b. 94 83. Yaumati Ferries $221⁄2 z.

May

July

Winnipeg Wheat:

October. December May

9432 90 86%

110% 108/2 1093/

108

108

Bombay Bra

Capital (full paid-up) Yen.100,000,000 m Beserve Fund

......Yen 130,900,000

Head Office: YOKOHAMA,

Branches and Agencies at

Alexandria

Bangkok

Batavia

Berin

Bombay

Calcutta

Campon

Maji

Nagasaki

Nagoya

New York Osaka

Pans

Feiping

Dairen (Dairy) Rangoon Fengtien (Makden) Rio de Janeiro

Hamburg Hankow Harbiz

Hong Kong 2

Flamoiniu Fisinking

Karachi

Kobe

London

Los Angeles

Manila

San Francisco Seattle Semarang Shanghai Singapore Souzabaya Sydney

sentin

Tokyo Tsingtan Yingkow Interest allowed for Current ́Az-

coum

Deposits received for fred perioda

at zates to be obtained on applica-}

G. KISHINAMI

Hong Kong, 11th September, 1936.

THE

SHANGRAI COMMERCIAL & SAVINGS BANK LIMITED

(Incorporated in China):

Capital paid up ..................$5,000,000. Beserves.

„$7,500,000. Capital Savings Dept. $600,000. Reserve Savings Dept. $600,000. Head-Docs Shanghai.

A Bank having as its zularion. the Industrial: development China, and the fostering af commercial relations

Kanda Kumich

Böckernam

HE. 4% Debentures 105% Shanghai Lands Sh.$13 n

Metropolitan Lands Sh$10 1.

Humphreys $9.

HK Realties $5.90

Chinese Estates $78

China Realties Sh.$4 E.

China Debentures Sh.360 n.

Public Utilities

ор

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-

led.

The Company offers to intending Travellers the use of its Travallers Cheques" and Letters of Credit and, in addition, the world-wide services of its thoroughly equipped Travel Department.

C. H. BENSON,

General Manager.

SUTTONS

SEEDS

FOR ALL PARTS

SUPPLIES ALE OBTAINABLE FROM:

& COMPANY,

C. Lights (New) $14 b. C Lights (Old) $11 n. HK. Electrics $54 b. 544 s. Macao Electrics $20 Sandakan Lights $8.80 sa Telephones (Old) $30% z Telephones (New). $11.90 'a. China Buses Sh$114 n Singapore Tractions 27/- n. Singapore Pref. 27/- n.

Industrials

Malabon Sugara 391⁄2 2. Cald, Macg. (Ord) Sh.$191⁄2 Cald., Macy. (Fred) Sh.$15 n. Canton lees $2.20 1.7 Cement $11.80 s H.K. Ropes $3.90, n.

Stores, etc. Dairy Farms $22141⁄2 u

Watson $4.85 n-

Lane, Crawfords $624, n. Mackintoshs $5 Do Sinceres $3 a

Wind. Fowels và Chủ t Wing On (HF); $50. 11

Cotton Milie

-

Ewo Cottons Sh.$9. Shanghai Cottows

16.608

C

NEW ADVERTISEMENTS

WRESTLING

ALHAMBRA THEATRE,

11 a.m., SUNDAY, OCTOBER 11. FOUR 10-MINUTE ROUNDS UNDER AMERICAN

ALL-IN BULES.

JAGAT SINGH V.

(Death Lock Artist)

YOUNG AGUINALDO (Twice Conqueror of Wong Bock Cheung).

PRELIMINARY BOLT (Under Indian Bales).

·HARBAN SINGH

V. ARJAN SINGH.

PRICES OF ADMISSION:

Ringside

$2.20

Other seats can be obtained at $1.10

and 55 cents (including tax). Advance Bookings at Queen's and

Alhambra Theatres.

AFTER THE CALM THE DELUGE

Frenzied Buying On Italian Bourse: Sets In

Milan, To-day. when the Bourse opened after There was much a buying-rash

being closed for 11 days yester day that the session had to be suspended. Indoștrial, amuzam and other shares rose zapidy some 20 to 30 points. On the other hand State loans Kell slightly-Beuter.

LOCAL DOLLAR STEADY

125

MISCELLANY

- [Continued from Page 6)

Abbot Chao King

Abbot Chao Kung, better known Trebitach Lincoln, one-time M.P. for Darlington, is in ther news again. He has left Shang hai for Tientsin, where he and his two men and three women dis- efples hope to find a better recep- tion than they were accorded in the southern city. Since his - rival in China, seeking financial and spiritual-support from the Chinese Buddhist community, be

"Spot" Silver Firm has been somewhat disappointed

The local dollar is

by the lack of response. Last steady. year he planned to build a Chinese- opening on demand this morning junk and bring his charges on s Buddhist mission overseas, but the

M. van Lanschot (The Nether-fat 1/2 13/16. lands) intimated that his country "Spot" silver was steady at 20 project failed for lack of cash. had abolished quotas on leather, while "forward" fell 1/16 to When conditions showed furniture and linoleum, and that 20%.

provement he turned his eyes to

no im-

other quotas would be withdrawn The London on New York North China, where, he was told, as a step in the direction of wip-rate was quoted at £-U.S.$488%. believers of Buddha would be glad compared with US$4 to help maintain him and his dis- 30%, while the New York on ciples, so they gathered enough London cross rate was quoted at money to pay the fares and sailed SUS$4.8942, as compared with for Tientsin.

ing out the hindrances to trade.as British Wireless Service.

PRICE CONTROL

IN GERMANY

Stern Warning To Shopkeepers

Berlin, To-day.

S4.90%

OLD SHIPS NEVER DIE

(Continued from Page 6)

"Gossip"

Presumably somebody reads the stuff, or it would not be published, but for sheer tripe commend me One of the most romantic to the "Gossip" columns of the stories of relies of ships is that local and other press, in which, to which tells how the figurehead the extent of anything up to half Permanent price control through-of a Dutch merchantman cameja dozen columns me, we are fout the country is announced by the to be revered as an idol Not regaled with chit-chat about how 94% president of the Police, Herr Hell-many years ago Professor too, too sweet for words who look- 39% dorf, warning German shopkeepers Murakami, of Tokyo, interested ed. and when. And I am abso- 86% that they must keep down the himself in a strange figure lutely devastated to learn, darlings, prices of foodstufe during the standing in the Ryukoin that at a recent party "Colonel- present temporary shortage of Temple This figure was said was radiating happiness wherever 106% supplies, under the threat of severe to be the effigy of the Japanese he went (also many others),” fines, the closing of shops and pro- saint, Kateki, but the professor whatever that may men. It all tective arrests.

had his doubts, and after sab seems a little obscure. Was the Nearly 19,000,000 marks was mitting it to very

close Colonel only radiating happiness, subscribed within a few hours of examination came across the or was he also. radiating “many Herr Hitler's opening the winter date 1598 and part of the word others.

the "muny relief campaign on Tuesday... "Erasions" on it.

jothers" also radiating happiness. Reuter.

for what the heck — and why? Following up these clues, he Anyway, let us give thanks that delved into history and found Mrs. "Snips" Dogsbody, who is that the figure was not that of

¡of course, the beautiful wife of workmanship. It a saint, nor even of Japanese hat charming Major "Tinkle" was the Dogabody of the Umpteenth, was figurehead of the Dutch mer-looking most remarkably utter and chantman, Erasmus, which

LONDON MARKETS ACTIVE

+

London, To-day-On prospects

of larger recovery from the move-

ment taking shape for the freeing RAW RUBBER

en-

"

n.jot international trade and

couraged by the Chancellor of the Latest Quotations From Exchequer's speech on Tuesday night in the City; the markets were active yesterday. Gold advanced to 1428, the highest price for 12

Singapore

OT

Messrs. H. R. Joseph and Coaded to Nagasaki in 1598 too too, if you know what I months-British Wireless Service: have received the following quo- This 370 tons ship had gone out mean, at the Cripps last Tuesday. These are the things that send tations from Singapore in Straits to the East to trade, but her Governments tottering and provide Currency for Raw Rubber:

crew got into trouble with the sente St. Vitus's Dance in all the very suspicious Japanese, and Chancelleries of Europe; whereas, was seized and broken up.

WHOLESALE PRICES IN- BRITAIN INCREASE-

London, To-day-The-Board, of Trade index of wholesale prices! [shows an increase in September of [0.9 per cent, compared with Angust, and of 7.3 per cent. over Jear ago-British Wireless Ser- Shanghai Cottons (new) She vice

$42

Zoonz Sings Sh: 420 Wặng On Textiles Ski

Entertainments: $52.

Const

(old)

Sh

Vibro Piling $470 1. Chi Görte 6% 1925 GABda./

95% The

EK Gort 4% Loan 8% prem.

Wallace

par, b.

Spot Nov./Dec. Jan./Mar Apr/June

Buyers 27 Up

27% Unchanged

27% Up 27% Up & Market:-Comment, ele

REICHSMARK QUOTATIONS

|as" for "monetary agreements and {civil wars, who cares?

Fassed To Priests. The Governor of the Port of Nagasaki kept the figurehead MacEwen And Elgar himself, but on his being de Even at the risk of being ac-.. posed by a rebel leader. whscounted wearisome. I feel I must was in turn defeated and draw attention in to-morrow's executed, the figurehead pass-second of the series of Souta Be- Berlin, To-day The Belched into the hands of the priests citals by Prae Lewis and Maurice smark was quoted yesterday with of the Ryukion Temple, who Barton. They are playing the out guarantee at: New York put it into good use as za eiligy MacEwen ("Little”) and Elgar (E 40.22, Paris, 860; Amsterdam, for their favourite, 14 kaint. Miner) Sonatas, and are being (76;, and London, 12.166, 201 Through Professor Murakami's supported by Mrs. Neil Mathieson Paris quoted the Pound ster interest the figurehead has now in a group of modern Englishz Ing at 104.78 to 164.32, and the been placed in the Impe

* The evening should not be 13. dollar at 21.39 to 21:3975 Trans-Ocean Service,<?

Museum at Uyeno, where it is classed as a national treasure.

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