BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
· Authorised Capital ...............$50,000,000 Issued, and Faily-Paid-up. 20,000,000 Beserve Fundaci
Starting ....£ 6,500,000
Hong Kong Currency
Banesto ......$14,000,000 Reserve. Liability of Pro-
pristics
HEAD OFFICE --HONG KONG.
BOLED OF DIRECTORS. Hon. Mr. J. J. Paterson,
G. Miskın Esq.
Deputy Cana
THE CHARTERED BANK OF ÷INDIA, AUSTRALIA & CHINA
Incorporated, The Begal Chucase, 2868.
·HRAD ́OFFICE: LONDON
Paid-up Capital
Reserve Fund soonerne
| Reserva, Lisbility of Pro- |u-prietors
THE CHIRA MATE VEDNEDA
New York Share Market
Messrs. White, Weld & Goms pany.
PER $1936)
New York Correspondent SHARE MARKET
for Messrs. S. E. Lery & Com pady, report
REPORT
irregularly The Following was the
The local share" - quotations--isaned
Stocks: The trend of the stocks market to-day was higher, with leaders better. .53,000,000
$2,000,000 volume of trading, however, was to-day-
small. The Bethlehem Steel Cor £3,000,000 poration to-day declared a dividend of $1.50 per share. This is the first dividend by this. Company since 1932 and it may-farther re- vive interest in the heavy indus- tries. We would advise the hold- jing of trading positions:
Agencies and Branches:
Sangsom bagon
Baryandan Shang Dingspers SILATER
Bourabaya
$20,000,000
Alor Žiur
Bangkok
Mlang
Laimuth-
Usvapets
Kasia Lamper
Cobu
wing
Lovube
Lalka
New Lock
Topuk
kissburg
Talagio
1999 Harbin
11. B. Masson Esqu
A. H. Compton Esq. I. E. Fearce Bag,
tion. Mr. & M. Dodwell,
J. A. Plummer Eaq.,
Sca. Mr. M. T. Johnson,
AL. Shields Esq. V. M. Grayburn, Esq. Chel Munge
ANY
EOE
MINTAVIA
DRAMAY
CALCUTTA
CARIOS
CUTEABEDO DELKER
HALFHUNG
MANKUW
BAKKU
HOMA KJETI
wolo
JORDRY
KUBK
BUWLOON
AGALA SUNFOR
J
LUNDON LICEN
KALAUCA
MANILA
MUAB „FORCE)
الحمل المطالبة
AEN TURK
PELPENAS JERANS
X3000X
VRANOM
LAD FRANCISCO
AHANUMAI
SINGAPULE
SOUKAMAYA
BUNURI PATANI
TALNAWAK
20120
YOKOHAMA
Catrons komanda opened la Laml Overmany and fael Lamputato zonasted her the your e shariat code in Lamal Cugnacy and Matting on becau watch will be quoted in Applian
ALSO = ****** LATE PURIT BOXES
Tucson « TO LEL
Hong Kong, 24th February, 1936.
HONG KONG SAVINGS BANK
The Dualaren at the shore Back is conduct alby the LONG LUM AND SHANGHAI Bules may ** BLEKING CORPURATION.
EDNG A SHANGHAI YX GRATBUKK,
FOR THE BANKING COMPURATIUK.
Hong Kong. 24th February, 1936.
THE BANK OF EAST ASIA, LTD.
Aubriand Capital
Fuse Cased Profits
Brand Undivided
Trong trung
Zakoname Zamboanga
Fængs Inshenge' and General Seaking' business
** Curica__ Accorzan, seaned and Fad Deposit
(zvouret ine ana quae at shorter persada se măm Į viena vili, de gunel on application.
The Dunk's Sims Other in London vadermakna
Žemaita
and
| Wwwvity at Britask. Loomans Tat output, 100.
wens, which may ha memoriained as this Agracias sod. Brazaim.'
A BREABLEY,
Manager: Hong Kong, ist January, 1935.
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 times in
China
Zorniga Kastings nos Omeral Deaking Busia "German" and "Bering, Lowowow stand und Ted Dugoutte, ranačená, for one your at shortne qwelodi
THE WING ON BANK, LTD.
-Head Office: Hong Kong- 26, Des Voeux Road Central
|
Business done: 1,620,000 shares. Cotton: The Government Burean to-day estimates the growing crop : of cotton at 12,407,000 bales and ginnings at 11,494,000 bales. The acreage, abandoned is estimated at 2.5 per cent and the area harvested at $0.054,000 acres. We are of the opinion that the market will work higher gradually.
Wheat. There was some profit-, taking. to-day, but the undertone of the market remains steady. We are of the opinion that higher; prices are in sight
Total sales: 28,850,000 bushels.
COMMODITY PRICES
The following quotations have Deen received by Keuter:
July
Banks
H.K. Bank $1780 b. HK (Lon. Reg-) £107 Chartered Bank $15% .. Mercantile Bank A. and
$3234 1 Mercantile Bank C. 514% e Bank of East Asia $85 1.
Insurances
Canton Ins. $290 b.
BERLIN SHARE MARKET
Business Extremely Quiet
(MATT.
Berlin To-day. Business was extremely quiet in the share market resterday. The trend was uncertain and the Į turnover small, but the prices wer
steadier than was generally; ex- pected, this being due to the very B. satisfactory result of the
Reichs Loan issue which has re established confidence. Another supporting faktor was the further Fincrease, in the sales of Ruhr coal, but these two': influences were somewhat counteracted "by - the | Catholic holiday and the approach of Christmas, when business ser- n.sonally tends to slacken.
Union las. $6021⁄2 b., $605 58. China Underwriters 51 1, HK. Fire Ins. $285 b... $290 2. International Assce. Sh. $3
Shipping
Douglases $30 m... HK Steamboats $7.40 n. Indo-Chinas (Pref) $35 Indo-Chinas (Def.) $36 n. Shelis (Bearer) 118/9 n. Union Waterboats. $10.
Docks, etc.
H.K. and K. Wharves $108 m.. H.K. and W. Docks $13 Providents (Old) $11⁄21⁄21⁄2 n. Providents (New) 20 cts. n. New Engineering Sh.$4 a. Shanghai Docks Sh 81% 1.
Mining Kailan Mining Ad.'14/6 n. Rauba $13 b.
Venz. Goldäeld $8 h.
Lands, Hotels, etc.
+
EK. and S. Hotels $5 boy
$5/2 Blim
HK. Lands $3874 2. * EK. 4% Debentures $105 m. Shanghai Lands Sh. $13 m. Metropolitan Lands Sh.$10 n. Humphreys $91⁄2 - HK. Realies $5 3. Chinese Estates $79 1. China Realties Sh.$4 n. China Debentures Sh.$60 m
PHILIPPINE MINING
Cleeing
Rates Sales
Prev. Yesterday Closing Closing
New York Cotton:"" December 12.22 January..... 12.07 March
12.35 12.16
12.00
12.11.
Max
11.86
11.97
Formen Inchange Dept,
Cooler's Office
*July
11.69
11.83
-
October
11.23
11.32
Spot
12.60
12.71.
New York Rubber:
December
19.10
19.29
March
19.15
19.30
Mar
19.12
19.242
19:10p
19.17
September
19.09
19.16
Chicago Wheat:
December
1259%
-12524
May
122
121%
July
108
103
Atoks
Current Accounts and Savings Ac. Chicago Corn:
Fixed Deposits reDecember counts opened. a la ceived at rates which will be quoted May
Tison application.
July
Baguio Gold
1091/
1087%
Balaton Mining
14%2
102
10134
Benguet Consol
14
Benguet Explor
.15
983%
96%
Big Wedge..
:26
Consolidated Mines
.03
May
104% xx
10334
Demonstrations
.62
Jely
99%
99
Ipo Gold
LIL
Winnipeg Wheat: December
Itogons
1.10
1133%
112%
Masbate Consol
May
114%
114%
Northern Mining
Paracale Gumaus
Salazot Mining
San Mauricio
$10.000.000 DS
2016,800-87
HEAD OFFICE:--HONG KONG.
21, Dan Tosx Hood, Centrs.
BOARD OF DIRECTORS—
Hon. Sir Shou-son Chow, Chaizuman.
F. K. Kwok, Zag, If Loom Chen, Lash, Chung bai zat Cang, Kat Wong Chu 206, 244, sot
Yan Tang,
Kan Tang Pa. Beg, Chief Managetic La Ist boug. Eng, Maangst.
BLANCHES AND AGENCIES.—
Bomber
Canson Lithog Bankore tiocolaès
Jobe Korom London
Mandia
Mabourse
tentio
Bagand
Semarang
Shangh
Som Xark
Deska
Елкарни Boseman pu
Tane
Peiping
Prendy
BADOOR
Penger
Ban Francisco
Slow
Spany
Vancouver Yokohama
Zvery eption of Banking and Exebangs Brokinase wasmened. Lance grated an approved
Curros Aco.in opsovë' la
Currency
m Fixed Depoule reovad · for one. J • ahmetar persona lao Leoni and Forsiga Carvencias to same which will be quited: co "naplosion.
Deposit Boxes Ta leme
TONG PO
**
THE YOKOHAMA SPECIE BANK
LIMITED
Established 1889
Capital (full paid-up) Yem.200,000,000 Beserve Fund
Yen 180,900,000
Head Office: YOKOHAMA,
Branches and Agencies at
Alexandria
Bangkok
Batavia
Berlin
Bombay
Calcutta
Canton
Dairen (Dalny)
Moji Nagasaki Nagoya
New York
Osal
Útarm
Paris
Peiping
Tokyo
Fengtien (Mukden) Rangoon
Hamburg Emakow
Karbin
Hong Kong.
Honolula Esinking
Karachi
Kobe
London
Los Angeles Manis
Elo de Jenetra
San Francisco
Seattle.
• Semarang
Shanghai
Singapore Sourabaya Sydney:
Interest allowed for Current. Áo
Deposits received for fred perioda
at rates to be obtained on applica-
Y. KAMO,
Manager.
Hong Kong, 18th November, 1986.
THE
SHANGHAI COMMERCIAL &
SAVINGS BANK LIMITED..
(Incorporated in Calus)
Capital paid up
Reserves
$5,000,000. -$7,500,000.
Capital Savings Dept. $500,000. Beserve Savings Dept. $500,000. Ve Eload-Office-Shanghai 20
A Banic heving as its mission the industrial - development - China and the fostering af bar commercial relations ziosk/
• 4,5 Queen'■; Rend Centza
25-Phone-21118.
Authorised Capital $10,000,000
LONDON BANKERS: Westminster Bank, Ltd. Foreign Exchange and every des cription of banking business transact
Trusteeship & Executorship under Chicago Corn: taken. Safe Deposit Boxes for hire.
PHILIP GOCKCHIN, Chief Manager.
THE MERCANTILE BANK OF
INDIA, LTD.
HEAD OFFICE:
15. Grönchnech Biel Landon, ECS. Authorised Capital ...3,000,000 Subscribed Capital Paid-up Capital
1,800,000
1,050,000
Reserve Fund & Best 1,247,590
BANKEES :
The Bank of England & Edland Bank. Yıl,
Bangkok
Hombay
Caloutis
Colombu
Delhi
Galle
Houg Long
HOW
BRANCH:
Ipob
Бели
Beta Fourt
Earls Lipple
Kuala Langa.
Saw Zork Развит -Port Louis
(Mauritius) Rangoon
Zumetan (Falang). Simla
HOBO KONG TELECHL.
Singapore
Evey deseription of Banking and Exchange
|buzione transacted.
Travalo Chuar. Samod.'
Trusts and Exsostorships voderteken. INTEREST allowed on Current Accounts and Pised Depot at Baim that may be suomiained OR SYPLÁZNION.
F. Conan's Bond, Canizal,
Bong Long Nak July, 1986,
I
AMERICAN EXPRESS
LOCAL DOLLAR
STEADY
Silver Prices Fall
The local dollar is steady, open- ing on demand this morning at} 1/2 27/32
"Spot" silver fell 1/16 to 211⁄4, while forward" also declined (1/16 to 214.
The London on New York cross- rate was quoted at -ULS.$49034. as compared with £-U.S.$895%, while the New York on London cross-rate was quoted at £U.S.- $4.904. as compared with £-US- $4.90.
Travelers Letters of Credit
For the rise of travelers an vacation or business trips throughout the world.
THE AMERICAN EXPRESS CO, ING
Incorpore
neral Fore
Agents for
-Limited Liability in U.S.A Voeux Road, Central
NEW YORK
Antamoks
10 a Loca?
3.15
36
Fized interest securities perienced little change, the demand i for German bonds being slight and the market for foreign bonds uncertain.
SAILING TO MANILA
EMPRESS OF "ASIA
DECEMBER 16th-
HONG KONG
ΤΟ
PACIFIC COAST
17 DAYS HONG KONG TO VANCOUVER.
via the Direct Express Route
18 DAYS HONG KONG TO VANCOUVER
via Honolulu, “the Paradise of the Pacific”
Call Money was quoted at 24 to 29 DAYS HONG KONG TO UNITED KINGDOM (via direct connection)
3. Young Loan was unchanged" at 102, Reichsbank rose to 1864. 167, Dyetrusts were down. I to Salzdetfurth Potash weakened. by 1 to 185, United Steel Works de- clined by 4 to 120, German Mineral Oils were lower at by |1891⁄2, Simenshalske declined
12 to 194 and Bemberg Rayon weakened by 1 to 107.- Trans- | Ocean Service.
SITUATION IN THE PACIFIC
-
(Continued from Page 4)
Pacific ports Seattle, San Francisco, Los Angeles and San Diego are naval bases or Istations and army or navy air fields and coast defence stretch from the Mexican border to Canada.
Panama Canal
The Panama canal has been in Pesos Currency ringed in with
bristling wall af steel 16-inch guns, 12- inch mortars, air fields, and a further programme of canal defence at a cost of $25,000,000į has been planned.
3412
Suyor Consol. United Paracales →→ 11.05
Public Utilities IK. Tramways $12.15 r. Feak Trams (old) $6%1⁄2 x Peak Trams (new) $2% n. Star Ferries $92 b.
Yaumatic Ferries $25 n. C. Lights (Old) $15:30 n.. C. Lights (iew) $10% = H.K. Electrics $534 b. Macso Electrics $20 n. Sandakan Lights $8.30 1.
Telephones (old) 58 siêu Telephones (New) $10 m China Buses Sh.$113⁄41⁄2 2. Singapore Tractions 27/- n. Singapore Pref. 27/- 1.
Industrials
Cald., Macg. (Ord.) Sh.$19% n Cald, Macg. (Pref) Sh.$15 2. Canton Ices $2.20 n. Cements $11 p HK. Ropes 35
Stores, etc.
Dairy Farms $204 m.
Watsons $4.85 12.
Lane, Crawfords $63⁄41⁄4 n. Sinceres $3 n.
Wing On (RK) $50 z.
Cotton Milly
Ewo: Cotton Shi$14:30:2 Shanghai Cotton (Old) Sh$85
Shanghal Cotton (New) Sh$60:
Zoong Singh Sk,526 n.
Wing On Textiles Sh.332 b. *Miscellaneous
Entertainments 23 2
Constructions (OM) $1% m Constructions (New) 40 cts. n. Vibro Filing 1571⁄2 b.
Ch. Govt 5% 1925 G.$Bds.
"Kad Gort, 45% Loan"8%" premi
be
Ben
Out in mid-Pacific the Hawaiian island of Oahu, long: the keystone of America Paci- ffic defence structure, is being American developed into an Singapore.
For some years past-parti- cularly since 1930- Pearl Har- bour, near Honolulu, has grÓWN in world importance as a naval base until to-day in strength and facilities it is probably the peer of Singapore and is even! more important strategically.
Prohibited from fortifying or developing the Aleutians, cury- ing southwestward from Alaska toward the Japanese Kurils. America has nevertheless made most careful surveys of the
group.
The navy has recently taken jurisdiction over a number of little atolls stretching north- not- westward from Hawaii ably over Kure or Ocean island, Midway and others.
--
Planes Tell Story Pan American Airways planes and naval planes have (Continued at foot of next Col).
KIWVI
BOOT POLISH
KIWI
BBOT
45% Loan -3% prem CLEAN your shoes regularly wid
frous supervwax, and pers:36
-REICHSMARK QUOTATIONS
merk was quoted, without tee, as follows :-)
dazm
London
(ENTRAL
"STEV
12144
1105432
KIWI
EMPRESS OF JAPAN
ZAILS. FOR VANCOUVER, viz SHANGĦAL: .
JAPAN & HONOLULU AT NOON FRIDAY, DECEMBER 11th.
For Information Apply To Your Own Agent Or
Canadian Pacific
SPANK THE WORLD
Tel. 20752
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You!
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Specialists
DEVELOPING and PRINTING
STUDIO PORTRAITS
Appointments arranged
MAYEN COMPANY
Queen's Road, Central-
Tel:278917
(Continued from Premous Column) Gävite, have not escaped this skipped from stepping stone to preliminary activity. stepping stone, from Hawaii to No actual Increases in forth Wake to Guam (both of the fications have been made here, latter two under naval jurisdic but the army has sprinkled air tion) and surveys have been bases from one end of the made and colonies maintained larchipelago to the other, the on (to establish Americam northernmost being close to sovereignty) such tiny pinheads Formosa And. Major, General in that vast area as Johnston Douglas MacArthur has begun and Baker to efectuate plans for a large Howland falands almost on the equa Philippine, standing army, an Kingman-reef, Palmyra impressive air force and a fleet Fanning - and Jarvis of small,
pedo
Philippines,
In the