门
BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION -.
Authorised Capitał
..................$50,000,000
fasued and Fully-Padd-up - 20,000,000 Reserva-Fanda baka
Starling ..............£6,500,000**
Hong Kong Currency
THE CHARTERED BANK OF INDIA," AUSTRALIA & CHINA
COMMERCE AND FINANCE
LOCAL SHARE MARKET
“TO-DAY'S QUOTATIONS
The following was the list of local share quotations issued to-day.
HEAD OFFICE, MONG KONGA:
COMMODITY PRICES
Mercantile Bank A. and B Spot
16, 1936
THE RUBBER OUTLOOK
Meteoric Rise
In Prices
BRIGHT PROSPECTS AHEAD
The following is a report on the rubber market by Messrs. H. B 11.75 Joseph and Company:
karu
Doen -received
Closing Closing
Zamarpastel by Kiga) “Chacias. 3805 HEAD OFFICE: LONDON
New Turk Cotter December |January
12.55
32.38
March
12.44
12.52
Banks
|Paid-up Capital
Reserve Fund
$5,000,000 £3,000,000
May
12.32
72.92
HK. Bank $1810.6.
Fansite
$10,000,000
Beserve “Liability of Pro-
prietors
$20,000,000
Reserve Liability of Pro-
prietors
£3,000,000
HE. (Lon. Reg.) £108. Chartered Bank £15% n.
July
12.20
12.12
October
13.03
13.90
Astencies und Branches:
New York Rubber:
Bangoon Belg
$32% 1.
Mercantile Bank C.
14%
December
19.10.
March
19.21
Bombay Calisertis
Sobe
Kuala Lumpur
Zaracabad „Shanghai. hingapore
Bank of East Asia $33 n.
“Insurances..
May
19.14
Casset
Sch
July
19.07
Campore
Canton Ins. $300 n.
Colema
Union Ins. $6124 b
September - 19.05n
19.$In 19.93 19.849 19.72
19.77
Now Lock
China Underwriters ‘$1 'n.
Chicago Wheat:
Haiphong
Piping
December
Hanice
Frog
Xala.com
May
July
135 129b 117b
1333 12914 1177/
Chicago Com?
December
May
1034
July
100%
108 102
974
Chicago Come
BOLED OF DIRECTORS.
Han M. J. J. Paterson.
Choked
G. Hinkin Esq. ··
Dapsky Cheściosa.
1. E. Masson Esq.
A. E. Compton Esq., T. E. Patres Esq., Gald
Hon. Mr. S. M. Dodwell,
3. A. Flummer Baq.
Hon. Mr. M. T. Johnson,
AMUX
MALAVIA
DOMAI
CALVE
CREFOO
A. L. Shieldı“Eaq.
V. M. Graybum, Bag, Chal-nougat.
CULOS BO
DKK
FUOCHICY HALPRONO
HAMBURG
HANAOK
HARNIV
HONGKEW
BALLA
PUH
JOHORE
КОНЕ
KOWLOOK
KUALA LUMPU
LONDON
LIUNG
MANILA
BELAR (Johor MUKDEJ
NEW YOR
FRIMKO
PANKSG
ALIGON
Hayberg
Harts Long mg
Fong Kong and Gama), Bocking businem trangested.
Curries Accounts sooned und. Bland Depmītn rowed to as par or aburser (perioda se zakon which will be guided on appliotec
* Bas de ofta de tom undeciakan [Exactice and Trustee bestaune, No alake.
Betlink Amazone. Zax overpaić, on socan, which mecz: In amaciafood as; mtiz về đán Agencies sod Dracsben,
A BREARLEY,
Manage: Hong Kong, 1st January, 1925.
KEN PILLNCERCA
[
DUNGEI FATAHU
20170
BINGAPORE
DOUBARATA.
IKATRIN
PRINGTAO
TOKORAKA
HK. Fire Ins. $305 1. International Assce. Sh. $31⁄4 n.
Shipping
Douglases $30 2.
HK Steamboats $7.40. n. Indo-Chinas (Pre£) $35 n. Indo-Chinas (De) $35 1. Shells (Bearer) 124/44 . Union Waterboats $10% a.
Docks, etc.
H.K. and K. Wharves $1061⁄21⁄2 1. HK. and W. Docks #13% z. Providents (Old) $11⁄4 x. Providents (New) 20 ets. n.
THE CHINA & SOUTH SEA BANK, New Engineering Sh.44 n.
LIMITED
(Incorporated in China) Hised Office-Shanghel
Carens Botonadu opped in Laval Omemory and
Capital montre Sur gra zver or shorter
Baroda 2
**** LATE DEPOSIT BOXES 12 Hong Kong, 24th February, 1936.
Juncus sa TO LET
HONG KONG SAVINGS BANK
The Blame of the show Bank is sembang- #bysh BONG-LONG AND KHANGHAI FAMLING CORPORATION. "Bulan ang ma FOR THE HONG LONG AND KRANIHAT BANKING CORPORATION
YUM GRAYBURI
Chial Manager.
Hong Kong, 26th February, 1998.
THE BANK OF EAST ASIA, LTD.
Lathe Capital
· Pied up Capisal
$10,000,000.60
Amerve sad Undivided. Protis mu$ 1,386,306.8
HEAD OFFICE --HONG KONG.
19, De Vecz Road, Contr
BOARD OF DIRECTORS:~~
For Sir Shou-son Chow, Chairman
La Loon Chit, Leg P. Kwak, Bag, Tin Ions Lin Cho Chúc Sinh, Tuy từ Lan 1, 2, Tong Cha Son, log and Lee The
Iar Tong Pa Esq. Chit Maangt.
14 Zo Fang. Sağ, Kanapita
BEAKCIZES AND AGENCIES :--
Manlia Mitourna
Amos
Boubey
Calou
Sapoong Kankow
LODGE
Kowloon Loudon
New York
Paris
Pelang
Bezie Semarang Shanghai Fingspare Sour Sydory
Toro
YAADE Bangoon.. Sea Francis
Yokokacha
Every damoription of Barking and Exchange Low grated on approved
Car Accole cosmed in Local Currency Fixed Deportes recared for con 2 or shorter paroda in Lom and Foreign Currencies Se were which will be quoted on application
Safe Deposit Bon
fix TÔNG 1.
THE YOKOHAMA SPECIE BANK
LIMITED
Established 1880
Capital (full paid-up) Yen.100,000,000 Yen.130,900,000) Reserve Fund
Head Office: YOKOHAMA
Branches and Agencies at
Alexandria
Bangkok
Botavia Berlin.
Bombay
Calcutta
Canton
Dairen (Dainy}{
Moji Nagasaki
Nagoya
New York
Osaka
Fengtien (Mukden) Baugoon
Hamburg
Hamkow
Harbin
Hong Zone
Honolu
Hrinking
Karachi
Kobe
London
Los Angeles
Manis
Otazu
Paris
Peipiar
Rio de Janeiro
Seattle
San Francisco
Semarang
Shanghad Singapore Sourabays Sydney Tientsin. Tokyo Tingban
Tingkow
Interest allowed for Current do-
CATEG.
Deposits received for fixed periods at rater to be obtained an applica- Hon.
T. KANO, -
Maraget. Hong Kong, 13th November, 1988.
THE
SHANGHAI COMMERCIAL & SAVINGS BANK LEATED-
(Incorporated in China)
Capital paid up Reserves
$25,000,000.
„ST-300.000:
Capital Savings Dept. $600,000. Reserye Savings Dept.: $600,000. Head-Unico —Sharekai
A Bank having as its missions the industrial" development = 40
China and the fostering of her commercial relations Abroad. Hong Kong Ofer Core, Queen's Road Central-
Reserve
-$7,500,000.00 .$1,500,000.00 Branches -- All Important Cities in
China
Porsiga. Sapimngs and General Banking
Cormas and Saring kosomin opened and Fixed- Duponte vetacred for una gue dë doente puttede
NOW 3. CEAA30,
HONG LONG BRANCH: 36. De Tax Bond, Cooten..
Forsign Enchoces Dept. me that there Gessen Offis – Cole's Offen
THE WING ON BANK, LTD.
Head Office: Hong Kong 26, Des Voeux Road Central Authorised Capital $10,000,000
LONDON BANKERS Westminster Bank, Ltd Foreign Exchange and every des cription of banking business transact
ed.
Shanghai Docks Sh.$90.b.
Mining
Kailan Mining Ad. 14/6, n. Bambs $19.10.b.
Venz, Goldfeld $8 1.
Lands, Hotels, etc. HK. and S. Hotels 95% b. KK Lands $35′′x1. HE 4% Debentures $105 Shanghai Lands Sh.$13 z. Metropolitan Lands Sh.$10. Humphreys $94 1- E.K. Realties $4.90 n. Chinese Estates $78 m. China Realties Sh.3⁄44 n. China Debentures Sh.$60 1
PHILIPPINE MINING
Antamoks
Atoks
Giesing
an- Rates
Sales
10 am. Locs!
In Pesos Currency
3.25
36
Baguio Gold
2134
Balatoc Mining
14%
Benguet Consol
13
Benguet Explor
.14
Big Wedge Current Accounts and Savings Ac-Consolidated Mines counts opened. Fixed Deposits re- Demonstrations cited at rates which will be quoted Ipo Gold on_application:
IL I L Trusteeship & Executorship der Masbate Consol taken Safe Deposit Boxes for hire. Itogons
PHILIP GOCKCHIN,
}
Chief Manager.
THE MERCANTILE BANK OF
INDIA, LTD.
SEAD OFFICE:
35. Genenchurch Street, London, E.GA Authorised Capital ... £2,000,000
Subscribed Capital Paid-up Capital
1,800,000
1,050,000
Reserve Fund & Rest 1,217,830
BANKERS
Bank of England & Midland Bank, Tai
BRENCHIES:
Ipoh
Karshi
Bangkok
New York
Bombay
Peng
Calcutus
Colombo
Ecta Bra
De
Kuala Lipis
Port Louis
(Martin) Bangoon
Crede
Kuala Lumpur
Kong Kong
Keaton (Fabang)
Shanghai Sirmi
Kowiak
Xadzo
Singapore
KONG KONG BRANCEL
Byay damcription of Bening and Exchange) Įbusiomie, textacted.
is Chagos Lond.
Trustee and Lamotoklyn endurtakas. INTEREST Słować on Combs Accounts and Find Depcadie at Bates that may on application
| 7. Coma's_Bond, Central,
EZENT
Hong Long. Mih July, 1986.
03 05.05% 63 106
Northern Mizing
Paracale GumIATES
.45%
Salazot Mining
05
2.10
1.05
San Mauricio Sayoe Consol United Paracales
Public Utilities
H. Tramways $12.10 b. $12.15
Peak Trams (old) $63⁄41⁄21⁄2 n. Peak Trams (new) $2 n. Star Ferries $83 b. Yaumati Ferries $25 n.
$12.70 C. Light (Old)
$12.60/.70 s
*2600
New New Contracts Contracts Opening Closing 106 104% 100% 101
May
July
Winnipeg Wheat: December May
115% 117
120b 121b
LOCAL DOLLAR DECLINES
+
Silver Prices Fall
The London on New York cross-
Since the announcement of the Last International Rubber. Restric tion Committee, the price of rub- ber has appreciated: fully 1-1/48 per lb., and this meteoric rise must have aroused quite a pleasant sur prise to those directly or indirect- connected with this vast in- dustry.
It is not a trifle assuming that. to some who have in mind that rubber is being produced at. ar Jall-in-cost of 4d per Ib, 9d seems to be an over-remunerated figure. Against this argument it has to be remembered that this commo- dity at ́one time in 1925 fetched 45.88 in London, and the cost to produce then was in the neigh- Įbourhood of 9d per ib. for most estates: consequently, one · can safely say that price depends on the age-old law of supply and de- mand.
“Unknown Quantity"
It will be recalled that the scheme was enforced in the second half of 1934, and the countries under the signatory Governments during the six months ending De The local dollar has declined camber 1934 exported 417,000 tons. opening on destand this morning A very important factor to be re- membered relative to this period at 1/2 13/16
"Spot". silver Zel 1/16 to 21-was that fully 70,000 tons both 5/16, while "forward" also drop-wet and dry in the Restriction The Areas were shipped out. ped 1/16 to 21-5/16.
NEL Plantations have always an --unknown rate was unchanged at £ ́U.S.$been dreaded is 90%, while the New York on Loquantity regarding capacity for don cross-rate was quoted at production. This idea should be U.S.$4.90%, as compared with amended, and if anything, there US$1.90-9/16.
exists a possibility that she will experience difficulty in keeping 18 her quota figures, as the following EXCHEQUER RETURNS
figures indicate. In the second London, To-day. Exchequer half of 1984 with even huge Returns just issued show that the stock held up in the plantation she total ordinary revenue amounts exported only 149,000 tons. to £414,617,490 as compared with the next six months she was allot- 411,460,690 at the corresponding ted 182,000 tons and remembering date of last year. The total ordin-that she will at least have 13,000 ary expenditure is £550,440,206 as tons carried over from rights from compared with £525,208,924 at the the current year, she should be corresponding date of 1935.-Bri-satisfied with an exportable of tish Wireless Service
195,000 tons for the period.
RAW RUBBER Latest Quotations From
Singapore
23
Σ
On the contrary, it will not be surprising. if she does object to any further increase at the next meeting.
The Consuming Aspects The USA consumed 524,000 Mesara, H. B. Joseph & Co. tons for the eleven months of the have received the following current year and indications point quotations from Singapore ito year figure of $70,000, tons. Straits currency for Raw Rabber: The rest of the world did not come
Buyers
up to expectations and the most 33-3/8 Up 1-1/8 we can anticipate is a figure equal 33-1/2 Up 1-1/8 to that of 1934.; namely 440,000. 33-1/2 Up 1 tops, totalling 1,010,000 tons' with 33-1/2 Up 1-1/8 permissable exports of 850,000 tons plus 5,300 carried over rights from, 1934. With a 70 per cent. quota the world: figure for 1937
b.
Spot
́C. Lights (New) $10% n.
H.K. Electrics $534 b., $54 32. Macao Electrics $20 n Sandakan Lights $10 b. Telephones (Old) $28:15 n. Telephones (New) $10 n. China Buses Sh$11 z. Singapore Tractions 277— n. Singapore Pref. 27/- 1.
Industrials
Gald, Macg. (Ord) Sh$191⁄2`a Cald Macg. (Pre) Sh$15. Canton Ices $2.20 u
AMERICAN EXPRESS
COMPANY
TRAVELERS CHEQUES
IN US. DOLLARS
AND STERLING
CAN BE CASHED.
THE WORLD OVER
THE AMERICAN EXPRESS CO., INC.
"with Limited Liability in USA.
No. 4, Des Voeux Road, Central
Jan/Mar. Apr/June
July/Sept
Market: Firm.
Cements 11 n. HK. Ropes $23% 1.
Stores, etc. Dairy Farms $20 32. Watsons $485 í.
Lane, Crawfords $63⁄41⁄2 n. Sinceres $3
Wing On (ELK.) $50 m.
Cotton Mills
Ewo Cotton Sh.$13.70 Shanghai Cotton" (Old) Sh.$85
b.
Shanghai Cotton (New)
b.
can
train
On your way North America
Barope
to
SEE CANADA
Cross Canada on a Canadian Pacific arco
through the world Famous Canadian Rockies Stopover at Lake Louise Banff
cities of Easter Canada
Canadian Pacific Hotels awaits you.
The
A chain luxurious
Connect at Montreal or Quebec with Canadian Pacific Trans-Atlantic Liners sating by the sheltered St. Law rence Seaway to Europe.
Information and tickets from
your own agent
Canadian Pacific
WORLD'S CREATEST :TRAVEL · SYSTEM
H
*NACET
BLADES
50 CENTS
FOR 10
"NACET
REOD TRADE MARK
SAFETY RAZOR BLADE
Nacel blades have an es tablished reputation for fine quality at an amazingly low price. Their absolute reliabil ity has won for them great popularity every blade
gives many quick, clean and smooth shaves. Nacel blades fit three-pag iazors. MADE-IN-ENGLAND
FOR 3 PEG RAZORS.
New York Share Market Mesurs White, Weld & Co FRENCH DEFENCE
The
LOAN
Subscription List Open To-morrow
will be at 970,000 with a possible pany. New York Correspondents carry over of 20,000 tons totalling for Messrs. S. E. Lery & Com 990,000 tons. With likelihood of pany, report:-
Stocks-News and interest cen- the revival of world trade to pro-
tinues to centre - on oils, metals оде ceed for many years ahead.
The statistical cannot be too optimistic to estim- and commodities. ate consumption. for 1937 for the position of metal shares is good, U.S.A. at 580,000 tons and the rest while steel mill operations have
"CHINA MAIL" SPECIAL Thei of the world at 490,000—totalling reached a new high level.
Paris, Today. 1,070,000 tons. Thus even with market is temporarily awaiting in-
France's financial situation and another increase of five per cent centive for the next move..
the issue of the new national de- only improvement in oil and gas pro fence loan were dealt with by the Sh$60 the world production
hope for 990,000 tons plus 62,000 ducing properties continues and Finance Minister, M. Vincent Au-. totalling 1,052,000 tons for 1927. show promise of further pro-riol, at the meeting of the
Then, as in the case of tin, it is gress. We are reliably informed French. Cabinet. most probable that if production that the National Steel Corpora According to the Intransigeant; shall not come up to anything like tion's last quarter was the best in the loan will be opened for sub- the figure allotted we shall see an- the company's history. The cur
fscription, to-morrow and will re- Constructions (New) (234 eta other heavy inroad into the al-rent cash position of Collins and main open until the end of Jan- Vibro Piling $51⁄2
fready depleted stocks with subse-Aikman Corporation is "excellent Chi Govt. 5% 1925 G.$Bds. quent much higher levels for the This company has earned $6.00. The new defence kon will be
Sam. per share, for 9 months 93/9
price of the commodity. HE. Gort 4% Loan 2% premmarising it, the opinion of most understand that it will earn $9.00 issued in denominations of 100 francs, repayable at 140 francs. dealers in Mincing Lane is that per share for the fiscal year end Specially advantageous terms will HE Govt 34% Loan 3% rubber purchases at 9d for any ing February. Another dividend be accorded those subscribers who
prem. b.
period will from all prevailing is likely before then Ther is pay in gold or in those short-term Areasons point to fruitful resulta. no indication of any definite trend treasury bonds that were issued Wallace Harpers. $4 n.
Zoong Sings Sh$26 m. Wing On Textiles Sh.$36
Miscellaneous
Entertainments $8
Constructions (Old) $1% n.
World Rubber Situation
Fami we
in utility securities. Business
done: 2,480,000 shares, prior to the devaluation of the
frand-Trans-Ocean Service. Grains: The.. grain markets Rubber: The market to-day
advanced on covering by short WAR DEBT TO US. London, To-day. The Interna- of the market, which is expected interests, There was some bezyy tional Rubber Restriction Com- to remain steady for the near buying by commission houses on France Unable To Pay mittee announcement was accord-[future.
Jan increase of 5 per cent in
Instalment
Paris," "Bo-day,
ed about one of the quietert" re-} Though the decision releases quotas, whereas the Trade had ex- ceptions ever experienced in the about 33,000 tons for the first pected a 10 to 15 per cent in-
The French Government. has rubber market here, prices sub-quarter, and 55,000 for the second crease, Total sales: 4,680 tons. Bequently easing slightly and then more than at the present. It is Flash:United Air Line. has sent a Note to the United States steadying up.
generally-held that consumption declared a dividend of 20 cents per intimating that France, ik unable to pay her instalment of her war It is generally considered that is running so well, expecially in share what strength the market
the United States, that it is most The Technicolour. Corporation debt, which is due at the begin on the 75 per cent.
unlikely to be overtaken by pro-has declared a dividend of 50 ning of the year. myake" "Note addi
vever, cents per share production or round
was duetion lost on the 80 per cent prod tion Nevertheless, the decision: prob- continue steady on good demand negotiations mi from April to June, and owin ably, means the appearance of from Italy and Germany: We shortly rega this swing #tie consequently very backwardation of for ards while would, however, avoid bulge buyments-Ben
ampač
heldingTotal sales: 60,508,000 was
Italy hat also view zeszar
the future CONTE
being