BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorised Capital ......$50,000,000 Lesand and Fully-Paid-up. 20,000,000 Esserra Funds:-
Sterling
Hong Kong Contrancy
THE CHARTERED "BANK OF INDIA, AUSTRALIA & CHINA
Intoptanit, by Rajal. “Charter,” 19. HEAD OFFICE: LONDON
6,500,000
|Paid-zy Capital ..........
Reserve Fund.
$,000,000 £3,000,000
$20,000,000
werve Liability of Pro- prietors
$20,000,000
Reserve Liability of Pro-
prietors
1,000,000
Agencies and Branches:
Aloe Bler
Beseria
HEAD OFFICE: HONG KONG).
BOARD OF DIRECTORE.
Hea. Mz. J. J. Paterson, Chakates
G. Miskin Eng-
Kasson Esq;
A., H. Compton Eq. T. E. Pearce Ha
Hon. Mc. S. M. Dodiet.
A
J. A. Plumnsz Esq.
Hoa, Mr. M. T. Johnson,
AL. Shields V. M. Graphion, Exy
ANOT BANGEDE BATAVIA
CALCUTTA
•CHETO COLONIO
ZOOCHO STATPISCING
HONGLE
POH
JOBOZE
LOBE
KOWLOON
KUALA LUKIC2
LYOKI
MAXILA
MUAR (Jakomin).
NXW YORK
PENANG
D
▲ BREARLEY,
Manager.
Hong Kong, 1st Jämiary, 1955.
SAN ZANGEBOD
PLANOQUE
SAMON
KWANG HAT
SINGAPURA
HOURABAYA
BONORI PARAKE
TUNTO -SING CLO YOKOHAMA
Cerrast kosmain opened in Total Curcaner and
GATE
men will be que de SPORT BOXES -
ALSO TO RE
Hong Kong, 24th February, 1936.
HONG KONG SAVINGS BANK
The Desinan at the shore Bank is sondest
9: by the SONG KONG MARLONG CORPORATION,
AND SHANGRAL
Bains may
FOR THE HONG KONG AND SKANDIZAX ZANKING CORPORATION.
Y. GRAYBUZA,
Hong Kong, 24th February, 1998.
THE BANK OF EAST ASIA, LT.
&
HEAD OFFICE: HONG KONG.
3D Van Blerk, Cestesi, BOARD OF DIRECTORS—— Hoa. Sir Shoa-son Chow, Chairman. Ekson Chun, E. P. E. Kwok, Zag. Tiana FOR DO 2004 Chen Ching libai, Ing. Là Lan sằng Khong Chu 200, Zag, wad Kang
BRANCHES AND AGENCIES:-
Meie Melbourne
LUNDBORG
London
فلمين
Paris
Stencil
Bar Xack
benga
boersaga
Piping
Segu
ban froF
Sylwy
Д Toko
L'akoma
Levy desorption of Backing and Exchange Le grand am approved MALDAN ORACLES,
Gurrea coase opened” in
Los CurADE)
and Yoxed Deposite routed for Do you of aborter peciola, în „Looks and Foreign Cazzanoles
I Think wil be quoted on applican
Depost Bones To Lev.
KIS TANG ED..
Chief Lanca
THE YOKOHAMA SPECIE BANK
UMITED
Established 1880
Capital (full paid-up) Yen 100,000,000 Eeserve Fund
Head Office: YOKOHAMA
Branches and Agracias at -
Alexandria:
Bangkok
Batería
Berlin
Bombay
Canton Dairen (Dairy)
Nagasaki
Nagoya
New York Osaka
Paris Peiping
Fenrtien (Mukden) Hangoon
Humbers
Flankom
Harbin
Hong Kong Fonclule
Etinking
Karschi
Kobe
London Los Angeles Marila
Bio de Jenetra
San Franciaco
Seattle
Semarang
Shanghai
Singapore
Sourabaya Sydney
Tientsiu Tokyo,
Ving Low
Interest allowed for Current Ac- counts.
Deposits received for fixed periods, at rates to be obtained on applica- tion.
I. KENO,
Hong Kong, 13th November, 1936.
THE
THE CHINA & SOUTH SEA BANK.
(Incorporated in China) Head Ofice--Shanghai
*$7,500,000.00
$USD0.000.00
Capital Beserta Bussches-All Important Cities in Fonsign. Lambangn and Chomural Busking Basisten
• Carter" mad. Baring, kosmatu opened and Tuni „Dipanas received for vas pour or shather padeda jai talne wriick 212, he quoted on applications
100 %. CHHO
HONG_TONG_KLATCH: 2D Y Bakke Canav Katasz's Offios
Fangs Instange Dipt. Get the
Cer's Of
|
THE WING ON BANK LTD.
Head Ofica: Bang Kong 25, Das Your Road Central Authorized Capital $10,000,000 LONDON BANKERS:-- Westminster Bank, Ltd. Foreign Exchange and every des cription of banking business trazzaci^!
Commerce and
Finance
SHARE MARKET REPORT
TO-DAY'S QUOTATIONS
Jocal }to-day."
share quotations
י
LOCAL DOLLAR STEADY
mbers. Take
EILLS PASS THIRD READING
Smith (Co The Hon MË NJ lonial Secretary) and the Hon. Silver Prices Rise Mr. RAC North (Secretary for Chinese Affairs) took the Oath of The local dollar is steady, open-Allegiance at yesterday's meeting The following was the list of ing on demand this morning at of the Legislative Council, where
the following Councillors issued 1/2 27/12.
Spor silver rose 3/16 to 21-present 5/16, while "forward" also rose) His Excellency the Governor 3/16 to 21-3/16, -
(Sir Andrew Caldecott & CAG The London on New York cross CB.B); His Excellency the Gen- rate was quoted at £ US$4904eral Officer Commanding the B. 25 compared with US$4.90s, Troops (Major. General A. W. Bar- while the New York on London tholomew, C.B. CM.G. C.BE cross-rate was quoted ab£-US- risol); The Colonial Secretary $4.90% 23 compared with U.S.$4.903.
Banks
EK. Bank $1750 b. HE (Lon. Reg.) 108 Chartered Bank £16 n. Mercantile Bank A. and
Ss2y'n
Mercantile Bank C. $147% n Bank of East Asia $53 n.
Insurances
Canton Ins. $290 b. $300 s32 Union Ins. $597 bi, $596 sa China Underwriters $1 1. H.K. Fire Ins. $260 à., $265 sa. International; Assce. Sh. $3% 1 Shipping
Dongisses $50′′.
HK Steamboats $7.40 n. Indo-Chinas (Pre) $35 1. Indo-Chinas (Def.) 336 n. Shells (Bearer)-116/3-n. Union Waterbosts $101⁄2 n.
Docks, etc.
HK. and K. Wharves $109 n. ELK. and W. Docks $13% n. Providents (Old) $1.45 sa. Providents (New) 20 cts, IL. New Engineering Sh.$4 n. Shanghai Docks Sh.$811⁄2 n.
Mining
Kailan Mining Ad. 14/- z. Ranbs $13
Venz Goldfeld $8 b.
Lands, Hotels, etc. HK and S. Hotels $5.55 1. HK. Lands $38.
HK. 4% Debentures 105. Shanghai Lands Sh. $13 m. Metropolitan Lands Sh.$10 n. Humphreys $336.1.. H.K. Realties $5.15 n. Chinese Estates $78 China Realties Sh.$4... China Debentures Shi$60 n
PHILIPPINE MINING
Current Accounts and Savings Ac-- Fixed Deposita zer| Counts opened ceived at rates which will be quoted on applicatio
Trusteeship & Executorship ander-Antamoks taken, Safe Deposit Boxes' for' kira. „Atoks
PHILIP GOCKCHIN,
Baguio Gold Balatec Mining Chief Manager.
Benguet Consol Benguet Explor Big Wedge Consolidated Mines
THE
AMERICAN EXPRESS COMPANY Demonstrations
INC.
Incorporated with Limited Liability in US
Head Office: $5, Broadway, New York
Capital
Sarpins Beserves
Ipo Gold
Universals
Para Gold
Min. Besc
1X L
Itogons
Masbate Consol.
„US$6,000,000.00 Northern Mining
BRANCHES —
397,612.55
Paracale Gumaus
Closing Rates Sales 10. Local
in Pesos Currency
275
15
13%
13
021
1.11
<
2260,244.58
Salacat Mining
05
San Mauricio
765
2.89;
Sayoc Consol
Amsterdam
Ge
Ginaga
The Lagos
Montrea
Xane
United Paracales
Dayakas
Kaplan
G. Gfields
18
Kateg
Picke
Coco Grove
.53
·Facia Proping. Bothandans
Mambilao
30
bootingom Singapor
London
Lámacywel
Beckley
Cale
Colombe
Loc
Finburgh
GODSTA
Moung Caria
Xxnich (
Tokokame Zeriuh
Branches of American Express Company in Principal cities of United States of America and Canada.
Public Utilities
HK Tramways $12.45 n. Peak Trams (old) $61% L Peak Trams (new) $284 n. Star Ferries $93 b. Yaumati Ferries $25 a. Cmighty (Ola) $13/13.10 83. C. Lights (New) $10 n.
K. Electrics $524 b. Macao Electrics $20 n.
Sandakan Lights $8.30 n.
All classes of Commercial Banking Telephones (Old) 283 p. Transactions widertalcan,
Personal investment accommia hab led.
The Company area 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. E. KENSON,
General Manager.
"HONG-KONG HILLS
Telephones (New) $20 China Bases Sh11 Singapore Tractions 277-n. Singapore Pref, 27/— n
Industrials
Cald, Macy (Ord) Sh.$19% Cald, Macg. (Pref.) Sh215 Canton Ices $2.201 Cements $11
HK. Ropes $3 8.
Stores, etc.
Ewo Cottons Sh.$15 sa Shanghai Cotton
NEW YORK SHARE MARKET
Wheat Prices Lift Sharply
believe
(Hon. Mr. N. L. Smith): The At- torney General (Hon. Mr. C G.) Alabaster, KC ORE): The Se
Skenwell, Gunnty: Const
xar Friend: That low- man was taught nearly 400 Fetis ago For Joan, ofs Toweth both it-
Cand friend**** Flaintifadarkar was before my
timm
PUBLIC AUCTION
ARTICULARS AND CONDI-
PA
TONS of the Sale by Public Auction to be held on MONDAY, the 7th day of December, 1936, at S pan, at the Office of the Pu-
NEW WESTERN blic Works Department, by Order
·PACT
Question Of British Commitments
SUPPORT IN CASE OF AGGRESSION
of His Excellency the Governor of one Lot of Crown Land, at Arsenal Street in the Colony of Hong Kong for a term of 75 years, with the option of renewal at a Crown Rent to be fixed by the Surveyor of His Majesty the King, for one further term of 75 years.
Intanding bidders are advised that immediately after the dis- posal of the lot the purchaser will be required to deposit with an Replying to an interpellation in authorised officer who will be pre-
CHINA MAIL" SPECIAL
London, To-day.
cretary for Chinese Affairs (Hon. Mr. BA North); The Colonial the House of Commons yesterday, sent at the sale, the sum of two Treasurer (Hon. Mr. E Taylor, as to the extent of the commit-hundred dollars, $200.00 in cash ments which Britain is prepared to This sum will be refunded on pay. C.M.G.); Hon. Commander G. Fenter upon under the proposed ment of the purchase price. Hole. R Betired) (Harbour Master); Hon Mr. T H., King new Western Pact, the Foreign PARTICULARS OF THE LOT Secretary, Mr. Anthony Eden, de- (Inspector General of Police)lared that he was unable to make Hon. Dr. A. E. Wellington, CMG, p statement on the subject while (Director of Medical Services) the negotiations were still pend- Hon. Mr. B. M Henderson (Dire
owever,
as possible only such obligations under the new treaty as they had undertaken under the previous |pact-Trans-Ocean Service.
ENGAGEMENTS CLEAR London: The Foreign Secre- tary was questioned in the House. The Colonial Treasurer moved of Commons regarding the condi-
Salary Alteration
tos
No, at Brig
Kaglitis
Na.
Lacalty,
"Bland Lot
Arsenal Bimot at fund
and Lockhart Bend,
1,000: 226
R
HEAVY PROFIT-TAKING Mears. White, Weld & Com
The British Government, pany, New York Correspondents tor of Public Works); Hon. Mr. J.
the Foreign Secretary for Messrs. S. E. Levy & Com-J. Paterson: Hon. Mr. J. P. Brags added, intended to assume as far O.BE; Hon. Mr. T. N. Chau; Hon. pany, report:-
Mr. M. K. Lo; Hou Mr. S. EL. Dod-l Stocks: Second-grade stocks and
well; Hon. Mr. M. T. Johnson; special situations are still in evid-Hon. Mr. A. W. Hughes; M. D. ence, although the averages declin M. MacDougall (Deputy Clerk of ed approximately to a point from Councils). which a rally should ensue unless more than a technical reaction is developing. Assuming that the
tions of intended engagements to world news overnight is not in the following resointion:
Resolved pursuant to section 6 support by armed force France creasingly disturbing, we that a rally will occur to-morrow of the Hong Kong Government and Belgium in the event of an act Business done: 2,320,000 shares. Service (Levy on Sales) Ordin-of aggression. Mr. Eden replied:
PUBLIC AUCTION. worked ance, 1936, that with effect from "The engagements of this country Cottan: Prices to-day higher on Trade and Commission the 1st day of October, 1936, until in the matter of assistance House buying. Some profit-taking, the 31st day of December, 1936, France and Belgium under the ARTICULARS AND CONDI however, appeared in May cotton both days included, that one sixth Treaty of Locarno are clearly de- TIONS of the Sale by Public at around 12 cents. We would re of the salary, if expressed in fined in that instrument. While I Anction to be held on MONDAY, commend traders, to buy on set-terms of sterling, of every officer cannot undertake, while the nego-the 7th day of December, 1936, of the Hong Kong Goremment] tiations for a new treaty are injat 3 pm, at the Office of the Pa- Wheat: The strength of the for-Service, who shall have a wife or progress, to discuss the possible blic Works Department, by Order- liberal a child under the age of twenty-provisions of that treaty, it is the of His Excellency the Governor of continued eign markets. purchases of Southern Hemisphere one years dependent on him and intention of His Majesty's Gov-one Lot of Crown Land at Tai .... wheat by Italy fears of rust dam-resident in a sterling or gold-erament that the scope of their Kok Tsai in the Colony of the new treaty Hong Kong for a term of 75 years,- age in the Argentine and the un-standard country, shall be exempt obligations in
if should approximate as closely as with the option of renewal at a settled political situation were fac (after deduction of the levy, tors which lifted prices sharply. any, and of the Widows and Or-possible to those in the Treaty of Crown Rent to be fixed by the There was some heavy profit-tak- Phans Pension Contribution, if Locamo."—-Brrish Wireless Ser-Surveyor of His Majesty the King, ing, however, late in the after-eny, or of either) from the oper- vice. noon We would recommend pro-ation of the special conversion Total rate provided for in section 2 (4) fit-taking at these levels.
of the said Ordinance during thei sales: 38,932,000 bushels.
considerable period in which such wife or child Cor: There was proft-taking after the advances of is so resident
And Eesolved further that in the last two days and there was
of such an officer, who also considerable evening-up of the case positions. December corn led thej has two or more such dependents reaction after an earlier advance. so resident as aforesaid, the ex- emption (after the said deduc- We would buy on breaks.
Flash: The American Water tions, if any) shall extend to one Warks & Electric Company earn-third of the salary.
backs
He said--This resolution
pro
DUTCH DISCOUNT
RATE
Lowest Level For Some Years
“CHINA MAIL" SPECIAL
Amsterdam. To-day..
In view of the great liquidity
of the Ditch money market the Netherlands Bank has decided, to) jed $1.72 per share for the year
ending October Sist, as compared longs to the end of the rear the reduce the discount rate from 21⁄2 with $1.14 last year.
concession to married officers with to 2 per cent, as from December
share.
The American Smelting & Refone or two dependents in a sterl-2 During the first half of the fining Company declared a dividend ing or gold standard country. The year 1936 the discount rate rose Secretary of State and members by stages from 2% to 42 per af 75 cents per share:
Johns Manville Company declar-of the Finance Committee have alot, when the turning point was reached, the rate having since been ed a quarterly dividend of 75 cents ready agreed to this motion.
The Colonial Secretary seconded, reduced in five stages, each of 3/2 land an extra dividend of $1.00 per
and the Resolution was agreed to. per cent, the rate now reached, 2 Average crude oil production
The Attorney General moved, per cent, being the lowest for the past week is estimated at and the Colonial Secretary se-some years-Trans-Ocean Service. 3,011,000 barrels as compared with conded, the first reading of a Bill Ordin- 3,061,000 barrels the previous to amend the Cremation
ance, 1935. This was agreed to: [week.
Bills Become Law The following Bills were, read a second and third time,
The Edison Electric Institute electricity production Lestimates
for the past week It 2,134,000,000 kw.h, an crease of 13.7 per cent. Jover the sne week last year.
A Bill to give effect to the change jin name, and style of the officers beretofore known as those of Direc-
US. LABOUR TROUBLE
A French Liner Affected
for
for one farther term of 75 years. Intending bidder are" sövised
that immediately after the dis posal of the lot the purchaser will. be required to deposit with an authorised officer Who will be pre- sent at the sale, the sum of two- hundred dollars, $200.00 in cash. This sum.will be refunded on pay--- ment of the purchase price.
: PARTICULARS OF THE LOT
IN
•
ધ
P
ASIA LANDS LIMITED.
TOTICE IS HEREBY GIVEN ··
OTICE
that the FIFTH ANNUAL GENERAL MEETING of SHARE- HOLDZES will be held at the of- fices of the Company, Mercantile Bank Building, Hong Kong, on. FRIDAY, 18th December, 1936, at- 280 pin to receive the report of International labour solidarity the Directors, together with 3 COMMODITY PRICES tor of Medical and Sanitary Ser- vices and Deputy Director of Me-
has caused a tangle in connection statement of Accounts for the year The following quotations have dieal and Sanitary Services.
with the longshoremen's strike ended 31st October 1936, and to the A Bill to amend the Merchant French Liner Champlain is elect two Directors and been received by Reuter
Shipping Ordinance, 1899
af Auditors for the ensuing year.
The TRANSFER BOOKS of the
January
March
Blay
Prev. Yesterday Closing Closing
New York Cotton:" December
12.17
12.25
12.01
12.06
Dairy Farms $2075 s.
11.99
12.03
Watsons $4.85 m.
11.85
11.93
Lane, Crawfords' $6 - Sinceres $3 n
July
11,69
11.78
October
1125
113
Wing Of (EK) $50 n
Cotton Mille
New York Bubber:
18.63 (December ... 18.46.
January
mutilated 18.63a
B
*1852
b.
Zoong Singh Sh.326 zi.
$5,000,000.
1,774 1,734
18.44m Shanghai Cotton (New) Sh $60 Jaly...
September 18.43-
18.430 October Wing On Textiles Sh.29% b. Chicago Wher
Miscellaneous
18.622 18.60 18.600
December
-2233/
Entertainments $3.2.
119
7,500,000. 300,000. 0,000.
1,725
Constructions (Old) $1% 11.
The Byzie TEZ
1,22
Constractions (New) 40 cts. D-
Peak Hotel
1,305
Chicago Cor: December
108
109/
M Daria.
-277-
க
For the information of. The Following list of
highest points on the Island Mainland is published:/
SHANGHAI COMMERCIAL & HER FA
SAVINGS BANK LIMITED:
(Incorporated in China)
Capital paid up
Capital Savings Dept. Reserve Savings Dept.
Head-Office Shang
MA, Baik bering
the Indmata -China and the
ISLAND
Victoria Peak
Signal Station
Mt. Parker
Mountain Lodge-
Bowen Boods
(Old) Sh.385] March
May
Vibro Piling #5.20 b...
Ch Govt 5% 1925' G. Eds. --- Kay
July FK Govt. 4% Loan 8% prem. | Chicago,
May
H.K. Govt. 4% Loans 3% prem
b.
Wallace Harpers 34čki
New York, To-day.
unable to discharge 600 tons A Pill to provide for the regis go which have strived tration, and inspection of nursing the French dockers at Cherbourg Company will be CLOSED from homes and maternity homes.
for
purposes connected therewith.
recently refused to unload the 11th to 18th December, 1936, both, liner Washington, in sympathy days inclusive. A Bill to amend further the in the America seamen's By Order of the Board, Midwives Ordinance, 1910.
A Bil' to amend the Defences
strate The latter was nut re-
(Firing Areas) Ordinance, 1935 cognised by the New York French A Ball to provide for a revised longshoremen's union, and in re- taliation the New York workers ļedition of "the" "Ordinances, and for Frefused to discharge anything a revised edition of the Begula-from the Champlain except mail tocs, of the Cology.
Council was adjourned to. De- and perishable goods. The Chan- Ipisin is taking the cargo back to cember 16.
Europe
A clash between the police and 75 strikers at the New York Docks resulted in eight arrests. Several people were injured. The strikers stoned a taxi and upset a police car at the pier from which the Messrs. H B., Joseph and Co. steamer Manhattan was scheduled 108% 100% have received the following quotato sail yesterday, after being held
9%tions from Singapore in Strats up for agenda Fr
ney for Raw Rubber"
RAW RUBBER
124/1 120% Latest Quotations From 107
Singapore
31-1/8 Up 18
Under the auspices of the Hong Kong English Forum, Mr. Luis Chan will give a general talkom Art at 8 pm on Wednesday next
L. KADOORIE,
Chairman. Hong Kong, 3rd December, 1936.- PUBLIC AUCTION
On
HE Undersigned have received? instructions to sell by Public Auction
Wednesday, the 9th December, 1936 commencing at 2.30 pal at their Sales Room, No. 25
Hankow Road, Kowloon..
A Fine Assortment of Dressed Dolls and Toys
On View from Tuesday, the 8th- December, 1936.
Terms: Cash en Delivery LAMBERT KROS.