BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION S
Authorised Capital
$50,008,000
Lasoud and Faily-Paid-up. 20,000,000 Basere Funda
Sterling ........ 6,500,000
Hong Kong Coriesner
Basstre
------$10,000,000
Kasures Lighlity of Pro-
THE CHARTERED BANK OF "INDIA, AUSTRALIA & CHINA
Imorgonded, by Royal Charter, 2001,
HEAD OFFICE: LONDON,
Paid- Capital
Boscara Fund
£5,000,000 „£3,000,000
Reserve Liability of Pro-
prietors
$20,000,000
prietor
Agencies and Eranches:
FIELD OFFICE: HOW KOWL
SOLID OF DIRECTORS.
Alor Braut
Rangoon
Daghel
Hon. Mr. J. J. Paterson,
Boombary
Canton
Colombs
New Lock
G. Miskin Esq.
Deputy Chilean
3. E. Masson Esq.
A.H. Compton Esq., T. E. Pearce Faça, Pana
J. A. Plummer Faqu. Potter
Han, Mr. S. K. Dodwell,
Hon. Mr. M. T. Johnson,
A. I Shields Esq. V. M. Graybuna, Eng.
Chia
BENGKOK KATATU
CALCUTTA CANTON
MALAUCI
MANILA
337%) (Ankara)
PERTANG
והמוות
KHANGNAL
HAXZOW
SAN FRANCISCO
SINGAPORE
MONOLI
ZPOR
20802*-
KOWLOOK
KUALA LUMPER
SUSGE
SOUZABATA
TENTAN
TANGTAO
TOLIO
TOTOHAKA
ད་
Cupons Betonats updted in Imani Ducremey and frand Dugudu poetit far me 2000 or thermar sociodu 10. Lemani Cucinay nai Seaỡng vs mena
11280 an unde KAPS DEPORT 2000s is Hong Kong, 24th February, 1986.
HONG KONG SAVINGS BANK.
The Badlanes of the shoro Jack is main ved by the KING LONG AND KIZANGHAI
BAZEZNO CORPORATION,
Penang
Furnigy Kaaimanga and Guest Baking bloom "Demons" Jormunda, upoint and Plant, Departs wwwved for the Fur de visete posoda a
The Busk's Food Often 24 London, underis produce Schniek Zaman, der erogally weak, with 15 la moutained at ang at Apodos sak Zonneben.
▲ BREARLEX.
Manager Hong Kong, 1st January, 1985.
THE CHINA & SOUTH SEA BANK, LIMITED
(Incorporated in China) Head Office Shackel Capital
$7,500,000.00 Reserve
.$1,500,000.00 Branches - All Important Cities
Frenkam, Kashings and General Deaking to
Darnan and Beving Jaccounty' costalˇand Fand
Tapanin kaural beans your bg market sends
BOX CHESTO,
HONG KONG FRANCHE:
FOR THE HONG LONG AND KHANGKAI | Öhany Cak MASING CORPORATION.
V. Y. GRATBUEX,
Chist Maingat..
Hong Kong, 26th February, 1935.
THE BANK OF EAST ASIA, LTD.
-$13,000,000.00
· HELD OFFICE-ROSG KONG.
36. Das Vaner Hood, Contini.
BOARD OF DIRECTORS:-
Hon. Sir Shoes-aon Chow, Chairman. Lá Xeon Chen, Zag. P. I. Kask, Ere-, Tys Sung ang Wông Cho đơn, Zeg and Las Ine
1,"Dat
Tan Sang P, Beg, Chiat Maangue.. Lá Too Fang. Reg.” Maangur.
BELEGIZES AND AGERGES 200
MacDa
Malbor
Mer Lack
Paping
PEDALE
San Fradens
Seattle
---
Every denotipčios of Bashing soć KuchengeȘ kunčane tracted. Lonas granted en sopović
Current Sorgente opened in. Local Currency sod Final Deposity inscend for
obacter pacietie 'in Loral and Horolgs `Cazzounias 20 terms which will be quoted on application.
Bas Depuis Fones To You -
TONG PO,
*
THE YOKOHAMA:SPECIE BANK LIMITED
Established 7538
Capital (full paid-up) Yen 100,000,000 Beserve Food ..... Yea.130,500,000)
Head Offee: YOKOHAMA
́Branches and 'Agencies at
Hoff Nagasaki
Verndria
Bangkok
Exteria Berita
Bombay
Calcutta
Canton
Dafren (Dairy)
Марсук
New York
Fengtien (Mukden) Rangoon
Hamburg
Hankow
Barbin
Bong
Kong
Honolulu
Baton diag Karachi
Louition
Low Angeles
--Janeiro
San Francisco
Semarang Shanghai
Sourabaya
Tokro Tringtan Ma, Yingkow- Internet allowed for Current Ac
couple.
Deposits received for Amed perioda at rates to be obtained on applíca-
Y. KANO,
--Managers Hong Kong, 13th November, 1986.
THE
SHANGHAI CORRERCIAL & SAVINGS BANK÷LEIRITED Uncorporated in China)
Capital paid my
$5,000,000.
$7,500,000.
Reserves Capital Savings Dept. $500,000. Reserve Bavings Dept. 3000,000.
Head Ofice Shanghai ---
A Bank having es ita ndation the industrial - derelopment on China and the fostering of her commercial relations abroad. Hong Kong Ofco
4, Queen's Bend Central Phone 21116.
Zel
THE WING ON BANK, LTD.
Kaad On: Hong Kong 26, Des Voeux Road Central Anthonsed Capital $10,000,000
THESCHNGA MATES WEDNESDA
Commerce a Finance
BRITISH TRADE WITH CHINA Signs Of Valuable Opportunities
LOCAL SHARE MARKET
TO-DAY'S QUOTATION.
The following” was the Hat of local share quotations
saved
:-
Banks
H.K. Bank 31725 b. HE (Lon. Reg.) £10 a Chartered Bank $15% me Mercantile Bank A. and
*32*
London, To-day. The question of credit facili-to-day. ties for British trade with China was discussed by Mr. } W. M. Kirkpatrick and other | members of the Export Credits Guarantee Department at a meeting with representatives of the engineers' section of the Manchester Chamber of Com merce yesterday. Mr. Kirk patrick, after the meeting, ex- pressed the opinion that there were distinct signs of valuable opportunities for an enlarged share of China's import trade in capital goods of British manufacture. -- Beater.
Sir F. Leith-Ross's* Views
London: The Chief Economic Adviser to His Majesty's Govern- referred to his recent mission to ment, Sir Frederick Leith-Ross,
the Far East in London yesterday afternoon. Dealing with Japan, he said that there was a growing recognition that co-operation with the United Kingdom was desirable. and it was much hoped there that some" understanding could be ar rived at.
In China during the past five years the Central Government had initiated and carried out schemes of reform and development on a large scale. Administrative mea- sures, had been taken which cir cunscribed the damage caused-by smuggling. The danger of, civî Foreign Exchange and every der eliminated by agreement, and the war in the South-west had been cription of banking business transact National Government was now in Current Accounts and Savings Ac-fall authority over the whole of count opened. Fined Deposits ze-China. Ceived at rates which will be quoted Jon_application.
Tod
LONDON BANKERS:— Westminster Bank, Ltd. **
There was much yet to be done.) Trusteeship & Executorship under-pletion by the re-organisation of The currency reform required com- takes. Sain Deposit Boxes for hire
PHILIP GOCKCHIN, Chief Manager.
the Central Bank. The budget needed to be balanced and the pub-
-THE MERCANTILE BANK OF were present. A prosperons China
INDIA, LTD.
HEAD OFFICE:
15. Grande Brest Foodoo P.CA Authorised Capital £3,000,000 Subscribed Capital
... 1,800,000 Paid-up Capital 1,050,000 Reserve Fund & Rest 1,247,830
BANKERS
The Book of Enginoć a Kičand Back, I.
Bangkok
Coloro
Galle Hoog Zone Howk
ZRAKONES:
Ipak
Kamobl
Engla Lázár
Hermentile Bank C. 37 Bank of East Asia $83 b.
. Insurances Canton Ins. $265. b. Union Ins. $589 b. China Underwriters $1 n HK. Fire Ins. $255 a.
NEW YORK SHARE MARKET
REBOUND IS LOGICAL
Messrs White, Weld & Com- pany, New York Correspondents for Mesars. SE Levy & Com- pany, report
Stocks: Strength appeared to-day- on short-covering, which was pro- bably due to anticipation of news] after the close of the market re garding the payment of $7.25: rears on US. Steel, preferred. A further improvement of 14 points
both in the Industrial and Rail B. Averages would be within the tech- nical proportions of the market. We believe that this might take | place and it would offer a good op- portunity further to liquidate ang long positions. Business dame: 1,920,000 shares." ..
Cotton: Continued commission- house liquidation for December, International Assce. Sa. $31⁄41⁄2 1. spot interest buying in short hed-
Shipping
Douglases $30 n. ELK. Steamboats $6% 1. Indo-Chinas (Pref.) $35 Indo-Chinas (Def.) $35 1. Shells (Bearer) 115/- ¤- Union Waterboats $10%1⁄2 n.
Docks, etc.
H.K. and K. Wharves $109 n. H.K. and W. Docks $13 b. Providents (Ok) $11⁄4 mi Providents (New),20 cts. n. New Engineering Sh$4 n. Shanghai Docks Sh.$814 2.
Mining Kailan Mining Ad. 13/6 n. Raubs $15% 88. Venz, Goldfield $8 b.
~
Lands, Hotels, etc. HK and 'S. Hotels $5.65 HK Lands $384 s..... BLK 4% Debentures 105% D. Shanghai Lands Sh. $13 n. Metropolitan Lands Sh.$10. Humphreys $91⁄2 b.
H.K. Realties $514 n. Chinese Estates 378 n. China Realties Sh.34 n. China Debentures Sh.$60 1.
PHILIPPINE MINING
lie services reformed and streng-Antamaks thened. The fundamental condi- | Atoks tions for the development of trade Baguio Gold
Balatoc Mining was the largest undeveloped mar Benguet Explor Benguet Consol ket in the world for manufactured Big Wedge goods-British Wireless Service. Consolidated Mines
Demonstrations
po Gold
DECLINES
The local dollar has fallen 1/16.Farscale Gumaus opening on demand this morning San Mauricio
Closing
Bates Sales 10 am. Local
ges for December and selling för other months were the dominant factors throughout the day. The] market generally ruled steady and we continue to be optimistic for the trend at least until the year-end, after which acreage and other un- certainties may obtrude.
Wheat: Reports of dust-storms in the West and North-West, de- ficiency of moisture and current dry conditions throughout the Belt are attracting more than ordinary attention. Even in some quarters, where the Trade is inclined to be bearish for the new crop outlook due to the large acreage prospects, there appears to be a change in sentiment tending towards bullish- =^{ness.-.-.-Total – s
20,964,000 bushels
Flashes: Loews, Incorporated, show earnings for the year end- ing August 31st. of $679 per share, as compared with $4.53 per share for the previous year.
The National Power & Light Company shows earnings of 96 cents per share for the year end, ing October 31st, as compared with 80 cents per share for the previous
year.
The Gillette Razor Company has in Pesos Currency paid an extra dividend of 25-cents
per share.
MANELA
EXPRESS OF
DECEMBER
HONG KONG
PACIFIC COAST
417 DAYS HONG KONG TO VANCOUVER
vis the Direct Exprem Route
18 DAYS HONG KONG TO. VANCOUVER.
vis Honolulu, the Paradise of the Pacific" 29-DAYS HONG KONG TO UNITED KINGDOM" Cris direct
EMPRESS OF RUSSIA
SAILS FOR VANCOUVER via SHANGHAI & JAPAN
AT 5 PM. WEDNESDAY, NOVEMBER 25th.
For Information Apply To Your Own Agent Or
RADIO
Canadian Pacific
SPANS THE WORLD
Tel. 20752:
COMMODITY PRICES
The following quotations: ALON been received by Reuter di
Prev. Yesterday Closing Closing
New York Cotton: December January March
1166
11.70
11.60
116ia ~
3.60
11.61- 11.61
TO-DAY'S PROGRAMME
50
May
11.56
11.57
24
15 36
The National Lead Company has (paid an extra dividend of 37% cents
per share.
The following programme will October
July
11.52
11.52
1122
11.21
.034 .05%
1.25
per share
The Shell Union Oil Corporation Broadcasting Station ZBW.New York Rubber has paid a dividend of 25 cents on a wavelength of 355 metres. December
(845 kc's), $1.49 metres, (9.52 January
be broadcast to-day from the Hon Spot
12.10
12.13
2
18.05b
J8. IS
18.07%
18.190
LOCAL DOLLAR
II L
Itogons
145 1.50
The Simmons Company has paid ¦à dividend of $175 per share.
megacycles).
March
18.14
18:24
4-7 p.m.-Chinese Programme.
7-11 15
P-Earopean
Pro-
May
19:14
18.231
Masbate Consol
serammė.
July
18.14b
15.25a
Silver Prices Fall
Northern Mining
13
45
7. p.m.-The New Orchestra
Symphony September
18.17b
18 261
October
18.19%
1824
|Salacot Mining.
054
2.35
Chicago Wheat:. December
117
Suype Consol.
40%
117%
May
1154
115
20- United Paracales fell
1.20
104%
105-
Public Utilities
b.
105%
-*106.
98%
984
July
Winnipeg Wheat:
November
107%
Songs
December
106
Lost.
May
Sweetheart let's grow old together.
107%
Banjo Solo-
Dell Dance.
1
31-1/8"
Song
++
Dirty Face.
Bazio Solo-
New York
Penang
Port Louis
}at 1/2 13/16.
(Mauritia Bangonn Kasia Latoper Shanghai Kometan (Fabag) time Kadies
Singapore
HONG LONG BRANCH Eypion of Banking and Exchange
Towers, Chegane Lancet.
Trastes and Exmoutorshly maderiaksite INTEREST allowed on Cetreat Adamante unć. Fixed Deponita Enter that many be a <a applention.
E ELANJU
2. Queen's Boed, Central,
Bong Like July, 1980,
Moonger,
"Spot" silver fell 3/16 to 15/16, while "forward" also 3/16 to 20-15/16:
The London on New York cross- rate was quoted at £-U.S.$4.891⁄41⁄21⁄2. as compared with US$4.89%. while the New York on London. cross-rate was quoted at £-US- $4.89% -26 compared with - US$4.30.
A HAZARD
Avoided
THEN you travel W
through the famous places of Europe. this year, when you dally in its smart shops, when you do any of ! the many Continental things that require money, you will want to be free to thorough- ly enjoy yourself,
HK. Tramways $12 Peak Trams (old) $671⁄2 n Peak Trams (new) $2. Star Ferries $921⁄2 b. Yaumati Ferries $25 b. C. Lights (Old) $13.90 b. C. Lights (New) $10% n HK. Electrics $5234b. Macao Electrica $20 m. Sandakan Lights:$6.30 m. Telephones (Old) $28% K. Telephones (New) $9 b. * China Buses Sh$11*n. Singapore Tractions 27/- n., Singapore Prel. 23/~~· 21. Industrials***
Cald., Macg. (Ord) Sh$191⁄2= Cald, Macy (Pre£) Sh.$15 n- Canton Feet 3220 a.
Cements $114 sa FLE: Ropes $35
Stores, et
Carrying cash is a dan "Dairy Fannis SEL M.
ger. Each new boundarya line brings new currency regulations. Your travel funds must meet all re- quirements. They must be known and accepted in all countries. They must be safe against loss and theft.
All these problems are
lved carrying
AMERICAN-EXPRESS
TRAVELERS CHEQUES
THE AMERICAN EXPRESS CO., INC.
Incorporated with Luibed,
No. 4, Des Voeux Road, Central
Watsons $4,25
Lane, Cris
Sinceres $3 Wing Or (HK)
Cotton Hills Bwo Cottour Sh$12.60, Shanghai Cottons (CH). Sh.182
Shanghai Cotton (New) Sh$45|
RAW RUBBER
Latest Quotations From Singapore
Messrs. H. B. Joseph and Co. have received the following quota- tions from Singapore in Straits Currency for Raw Rubber
Spot
30-3/4 Up 1/8 30-7/8
December
Jan./March
April/Jane Market: Firmer.
In And Out!
"Le Gid" Ballet Music (Massenet). "Mors Et Vita"-Jader (Gommod}., Talamey-Oriental Fantasy---
(Balakired, aer, Casella). 7.30 pm-Closing Local Stock July Quotations Hong Kong Exchange Chicago Corn: Market Report
December 1.35 pTurner Layton (Vocal) May and Ken Harvey (Banjo). Banjo Solo
23117
The World is waiting for
Sunrise.
On a Southern Plantation.
Some
It's great to be in love again.
A Waltz was born in Vietma
POPPY DAY FUND
Previously ackmor
EMS. "Decoy
HMS. "Moth
8pm-Local: Time Signal, HMS. "Adventure" Weather Report and Announcements H4M8. Capetown
3.03pm-Ambrose [and]
His ELM Dockyard
ML Whitley
Orchester/w
Fox-Trot OK. For Sound- Fax-Trot There's a new world.? Fox-Trot Empty Saddles. Fox-Trot-I'm an Old Coffint. Ramba--Cabun Peta:
Wood and Irver
I'm all
Rumba Two hearts in Cuba
· 1:50. p.m.-From the Studio"-
|_ A Talk on “Safety First," by P." Hodgson
Three Popular Marches. Grand March Tamhenser m
(Wagner).
2. Marche Militaire (Schubert)
$14,500.14
Further contributions will be graterally recer and byiz. FG.. Maunder, Secretary to Bark Helgs Fund. York Building, Hong Kong. Cheques should be made payable to Thomas and Co., and crossed "Poppy Day Fund” e
RAIL TRAGEDY
a Funeral March of Marine Engine Driver Dies On
(Gomod).
London NewES:
Your daily tubbing takes care of 9. the outside; but what of the inside? Anonncementa: Intestinal congestion is one of the 3.29 -Tunes of Not chief canses of 11-2012
A simple rule for keeping your Interns Lorgues in good working onder
Footplate
ago, by the New Mayfair Orchestra As he was about to start da 9.30 pm Freer the
Jazz Medley by Ozo
-Zoong Sings Sh. 121 16.
Wing On Textiles Sh.$25
25 tertainments $370.
berty. Constructions (Old) $1% 2. is to take a dose of Plakettes when Friends and Durser Ma. Contentions (New) 421⁄2 eta e
feel in need of a laxative L Medley Don't mean's'
*
Shine Pinzettes are tiny pink sugar
zut, Rhythm. coated pills; they are all vegetable 2: Every time 1.1
time I look st and m-habit-forming their mid
Vibro PHD
Ch. Govt. 5% - 1925 G$
92% 2.
HE. Gort, 4% Löan 8%
HK Govt 847 Los
Wallace HaRD
2) Lazatára action pently stimulates the & Sugar Rome
Iver, sids digestiert, diapela constipa. 4. Blythm is our Business tion and wishness, barishes vilious: Must I forget.
ass, sweetens the breath, cleats the 6. zormented jakin, relieves piles. Chemists, every-1. My frit them
where nell tile ideal aid to perfect 3 dome
2009. Medleyin-Ɛhe shall have music.
goods train outside Dunstable Station, Francis Higgs, 49, an LKB Halfway, engine driver, of 7, Cecil-road, Estfeld, collapsed, on the footplate and died before as- sistance,could be obtained.
Chinn Town
$30 pm-London Big Bets
Brass Band Concert
by an Inspec
„Doreen Mz
11:15 paar Cl