BANKS
HONG KONG AND SHANGHAI BANKING CORPOKATION ·
Authorised Capizził ̈............$50,000,000 | Isaned and Fully-Paid-up 20,000,000 Heserve Fundaz ---
Starting ** ....£6,500,000 Hong Kong Currency
Kasarve
...............$24,000,000
Reserve Liability of Pro-
HEAD OFFICE; KONG KONG.
BOARD OF DIRECTORS. Hon. Mr. J. J. Paterson Chattan
G. Mision Esq.
Deputy Chairman.
J. R. Masson Esq.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA
A. H. Compton Esq, T. E. Fearts Esg, Jelka
-don. Mr. S. M. Dodwell,
1 Instperated by Bopal Chueta, 1862 HEAD OFFICE: LONDON
sistors
Y Agencies and Branches:
|Paid-up Capital
Beserve Fund
£3,000,000 £3,000,000
.L
1000;
Reserve Liability of Pro-
prietors
£3,000,000
Alor Sta Asoci bebglos
Bober
Lang
HE Lav
.
Gasspor
Dungapore
by Listen
begon Dearing
babe
Seronoknak Xbang
is tempur
Juoking
Bunnys
Marsia
Medea
Sew York
Zouch
Mulging
ZAGONET
1. A. Flummer Naq., Hon. Mr. M. T. Johnson,
Hansow Harken
Pering Pang
Tringho Yokonaan Lambonags
AMUT
DALARIA
busiba
& 1. Shinida Eag V. M. Grayburn, Esq.
BAGUTTA
GANDUM
UGLAJMENO
POOCHOM
HAIPHONG HAKNU MU
HANKOW
AO KRES
MUDUROCH
الليلة الاصلية
JUBK
KOWLOON
Cha
BRANCHES pa
- KUALA LUMPUH
LUNDOS
HAIAIRA
MARILA
2 lich tolero)
MAKAZEN
NEW YORK
PALDING
PENAND
MANGOGH
BAIGRIN
BAN FRANCISCO
DILANGHAI
KINGAFUK
BUG BABAYA
SUNGKI PWAN TEENPRIN
TOKIU
ZULDUZIO
YUKOHAKA-
Current 400come opened, in' Lool Oussy Bas Fiza Depowa runarved for psa quae or shorter Becione in Lomi Üstruacy soć Buiring an Mente
snil be quand on applied. ** SAFE DEPUKIT BOXES is humous time TO LE
Hong Kong, 24th February, 1988.
HONG KONG SAVINGS BANK.
The Bosses of the shơn
Dusk, in conducn-- Od by the HONG KONG AND BHANGHA HENKING CURPURATION. Balan may HOME OR Höglmaam, K
..
FOR THE HONG KONG AND KALNOKLI BANKING CORPORITIDE.
Y. MORA 4BURN,
Chief Maragat.
Hong Kong, 24th February, 1938.
THE BANK OF EAST ASIA, LTD.
Autocad Capital
Paid up Capsini www.
$19,000,000.
Gear and Gadaridad Prats --- $2,050, ING.AZ
HEAD OFFICE: HONG KONG.
10, De Vomuar Bend, Cantemi
BOARD OF DIRECTORS:
Hor. Sir Shou-son Chow, Chairman La Koen Chan, Esq. 2. L. Krok._Eng. Wong Yux Toog, Eaq, Cha Ching Shok, Leg Là Lan 10 Eng Wong Chu boo, Zag, and Kar Xing
Ahoy
P
Kas Turg Po, Eng, Chief Mangat..
24 The rang. Eng. Manapac.
BRANCHES AND AGENCIES ----
Mailm
bone
Bombay Caieta
Dew York
Haiphong
Xans
zoopla Bobe
Kowloos London
Карие
ولتلسة
becamat
Sung hungapore ŽABDAJE
25 Sydney Zbo
Hangout
ban Jean
Tokro Vabooser
T
Every description of Healing and Exchange Bruttaning Xanched. Los gulvd do Appeared Cutres Accoue opened in Jami "Castery and Fixed Deponite med, for one just a
horse podu Lon and Formigo Currencies on terms which will be quoted no application.
Dale Legeau Ikuse I's de
KAN LONG PO,
Chani Mangas.
THE YOKOHAMA SPECIE BANK LIMITED
Established 1880
Capital (full paid-up) Yen 100,000,000 Reserve Fund
Yen.130,900,0001
Head Office: YOKOHAMA
Branches and Agencies st
Alexandria
Bangkok
Batavia
Berlia
Bombay
Calcutta
Canton
Moji
Nagasald
Kagoya
New York
Osake
Otaro
Paris
Dairen (Dziny) -Peiping
Fengtien (Mukden) Hangoon
Bamburg
Hankow
Harbin
Hang Kong
Honolulz
Brinking Karachi
Kobe
London
Los Angelec
evils
Pio de JanAŽNJ
San Francisco
Seattle
Semarang
Shanghai
Singapore
Soprahaya
Sydney Tientsin
Tokyo
Tsingta Yingkow
Interest allowed for Current Ac
Deposits received for fred periods
at grates to be obtained on syplica- tion.
Y. KANO,
Manager.
Hong Kong, 13th November, 1936.
“WIES
SHANGHAI COMMERCIAL &
- SAVINGS BANK LIMITED (incorporated in China)
Capital paid 'op
Reserves
-$5,000,000:
$7,500,000.
Capital Savings Dept. $500,000. Beserve, Savings Dept. $800,000.
Head-Office-Shanghai,
A Bank having as its mission- the Industrial development on China and the fostering of her commercial relations abroad. Hoez Kong Offcom
6, Queen's Road Central
Phone 21116ZZA
Loom
Freign Exchange and General Banking buszow Vazz Accommia opened and Fixed Depostin coved for was your se abremse portoca ai mêm whack will be
Oh oson undertaken:
Zaostur MO
15h 1.500 un ApplOOR.
Brisial Insome Tax recpaint c whack anay be untermined in any vĚ J Agroom and so
A BREARLEY.
Manager. Hong Kong, 1st January, 1935.
THE CHINA & SOUTH SEA BANK,
LIMITED
(Incorporated in China) Head Office-Shanghai
Capital Easerre
.$7,500,000.00 $1,500,000.00
|Branches -- all Important Cities in
Foreign Lange and Generat Banking Butanas
Outras and Baring insosols opens and Fixed Depona Mostrać, Sr die Jusz or swartet poznie AL-2500 VĂN yil de comer or application-
BOH & CHANG,
HONG KONG BRANCH: Dva Yuuz Bond, Contra
Manager's Of Jangs Inguage Dept. menn GO Dealer's mo
THE WING ON BANK, LTD.
Head Office: Hong Kong
26, Des Voeur Road Central Authorized Capital $10,000,000
LONDON BANKERS:- Westminster Bank, Ltd. Foreign Exchange and every dea cription of banking business transact ed
Current Accounts and Savings Ac counts opened. Fixed Deposits re- ceived at rates which will be quoted on application.
Trusteeship & Executorship under- taken. Safe Deposit Boxes for hire.
PHILIP GOCK CHIN, Chief Manager.
Do Not Wait:
Buy Your Present Now!!
TOYS, DOLLS
Christmas Cards and Children's Picture Books also
LARGE SELECTION OF
STAMPS
which will be a delight to any Stamp Collector to receive. STORE WILL REMAIN OPEN ON SATURDAY TO 5 P.M.
GRACA & CO.,
No. 10, Wyndham Street. P. O. Box 620.
Hong Kong.
THE CENNA MATER
18, 1936
Commerce.com
and Finance
LOCAL SHARE MARKET
wwwwww..com
TO-DAY'S QUOTATIONS
The following was the list of local share quotations isaned to-day.
Banks
LOCAL DOLLAR
STEADY
Silver Prices Rise
is steady,
The local dollar opening on demand this morning | at 1/2 13/16.
NEW VERTISEMENTS
PUBLIC AUCTION
THE Undersigned have received;
instruction to sell by Public Auction on
Wednesday, the 23rd. Dec. 1936 commencing at 2.30 pm. at their Sales Room, Duddell Street
A Quantity of VALUABLE HOUSEHOLD.
FURNITURE
"Spot", silver rose 1/16 to 21-comprising:— H. Bank 1310 by $1810/19155/16, while forward" was ap
33
H.K* (Lon. Reg.) £110 b. Chartered Bank £15% n Mercantile Bank A and
EX2 R. Mercantile Bank C. $14% Da Bank of East Asia 589 n.
Insurances
Black Wood Ware, Office & to 1/16 to 2134.
Drawing Room Furniture, Bed The London on New York cross- Room & Dining Room Furniture, rate was quoted at £-US$4-Oil Paintings, Pictures, Orna-i B. 91, as compared with S-US34ments, Rugs, Carpets, Ice Chests, 90%, while the New York on Lon-Brass & Aluminium Ware, Glass don cross-rate was quoted at & Porcelain Ware, Cutlery, Ward- U.S.$4.91-9/16, as compared with robe & Cabin Trunks. Electric £-U.S.$4.90%.
Table Lamps & Heater Grama- phones & Records, Typewriters,
Canton Ins $300. Union Ins. $6124 b. China Underwriters $1 n. HA Fire Ins. $300 m. International Asace. Sh. $34 1.
Shipping
Douglases.$30 zi.
FK. Steamboats $7.40 n. Indo-Chinas. (Pref.) $35 1. Indo-Chinas (De£) $86 n. Shells (Bearer) 123/9 Union Waterbests $10 m.
Docks, etc.
H.K. and K. Wharves $1061⁄2 D. 3.K. and W. Docks $13. Providents (Old) $11⁄2.. Providents (New) 20 ct New Engineering Sh.34 n.. Shanghai Docks Sh.590 n.
Mining
Kailan Mining Ad. 14/3 n. Raubs $13.10 b Yenz. Goldfield $3 b.
HK 4% Debentures $105 m. Shanghai Lands Sh$13 n. Metropolitan Lands Sh.310 Humphreys 39
COMMODITY PRICES Baby Pathe" Cinema Projector,
The following quotations have been received by Reuter:-
Prev. Yesterday Closing Closing
New York Cotton: January
12.30
12.16
March
12.33
12.16
May
72.20
12.05
July
12.10
12.03
October
11.66
11.63
Spot-
12.92
12.75
New York Rubber:
December
20.11.
20.27-
March
20.90
20.32
May
20.08
20.21
July
19.95
20.06
September... 19.87
20.03
Chicago Wheat:
December
134%
135%
Lands, Hotels, etc. H.K. and S. Hotels $5.60 n. H.K. Lands $35 s.
May
1293%
1904
July
1174
116%
Chicago Con:
December
: 108
May
July
Chicago Corn:
May
July
Winnipeg Wheat:
Closing Rates
December
Sales
May
121% 121%
123% 1231
10 am. Local
in Pesos Currency
3.40
38
Balator Mining
H
Benguet Consol
13
Benguet Explor
.14
Big Wedge
Consolidated Mines Demonstrations
Ipo Gold
1. X L Itogons
Northern Mining Masbate Consol.
1.30 36
Paracale Gumaus
..05
220
n.
H.K. Realties $4.90 n. Chinese Estates $78 n. China Realties Sh.$4 n. China Debentures Sh $60 PHILIPPINE MINING
Astamoks Atoks
Baguio Gold
Salacot Mining San Mauricio Sayoe Consol. United Paracales.... 115
Public Utilities H.K. Tramways $12.10 b. Peak Trams (old) $6 e Peak Trams (new) $234. he Star Ferries $93 b. Yaumati Ferries $25 s.·* C. Light (Old) $12.65 b., $12-
70/34 sa
G. Lights (New) $10% n.
HX. Electrics $53%, b., $54 xa.
SAFEGUARDS
WHEN TRAVELING
Warning signs on land and sea are for your personal safety. Travelers. Cheques are for the safety of your travel funds. You make the funds "loss proof" and "theft-proof" when you change your travel cash into
AMERICAN EXPRESS TRAVELERS CHEQUES
If lost or stolen before you countersign them, a prompt refund is made. The denominations are $10, $20, $50 and $100 and also £2, £5 and £10, They are spendable everywhere and no identification is required other than your signature.
THE AMERICAN EXPRESS CO., INC.
Incorporated with. Limited Liability in U.S.A. 4, Des Voeux Road Central.
Radio, etc., etc.
also ⚫
Two Combination Safes. On View from Tuesday, the 22nd. December, 1986.
LAMMERT BROS.
Anctioneers.
Hong Kong, 18th. Dec., 1936.
BRITAIN'S TRADE IMPROVEMENT
Benefits From Open Door Policy
ALL ROUND INCREASE SHOWN
London, To-day.
The President of the Board of Trade, in a speech at Liverpool 103% last night, reviewed Britain's pro- 102% 102% gress towards recovery: Employ
97% 98%ment, which was the great test of!
prosperity, had in five years in- Contracts Contracts creased by nearly 20 per cent and Opening Closing industrial production by 40 per
104%
1043 cent. The period had been one of 101
101% continual expansion in British
trade, while the trade of the rest] of the world has been shrinking. There was no doubt that British export and import figures had been telling a very eloquent tale. There was little doubt that the $28] purchasing capacity of the British working classes was greater than at any time in history. That was due, not only to the activity of in- ternal trade, but also to the fact that long before the Great War n followed, the war social system and the great depression which
had been built up which spread out the purchasing capacity in wider and everwidening circles, to the workmen and their families.
Bigger Imports
Macao Electrics $20 n. Sandakan Lights $10 n. Telephones (Old) $27.90 b.,
Sin
Telephones (New) $10 n. China Buses Sh$113⁄41⁄4 n. Singapore Tractions 27/- n. Singapore Pref. 27ƒ— n.
Industrials Caid, Macg. (Ord.) Sh.$19 Cald, Yaeg. (Pref.) Sh-$15 z. Canton Ices $2,05 n. ex. div. Cements $11 IL- H.K. Ropes $21⁄2 *.
Stores, etc.
•
Dairy Farms $20 b. Watsona $4.55 1.
Lane, Crawfords $6.
Sinceres $3 1. Wing Or (B.K.) $50 2.
Cotton Mills
Ewo Cotton Sa$13.90 b. Shanghai Cotton (Old) Sh$85
b
Shanghal.Cotton (New) Sh$60
b.
Zoong Sings Sh$26 p. Wing On Textiles Sh.$36 r.
Miscellaneous Entertainments $3 n. Constructions (Old) $1% n. Constructions (New) 421⁄2 cts.
b.
Vibro Piling $52
Ch. Govt. 5% 1925 G$Bds.
93% L
HK. Govt, 4% Loan 8% prem.
b.
The imports into this country. per head of the population, are about 21⁄2 times those of France, 3 times those of Germany and times those of the United States.
The volume of exports of Unit- ed Kingdom goods during the first. nine months of this year was 20 per cent. greater than in the cor responding period of 1931.
For manufactured articles, the increase was 25 per cent. and nearly every group showed an in- crease. The excess of exports over imports of manufactured goods had increased from £45,000,000 for January to October 1931, to £119,- 000,000 from January to October of this year.
End Of First Period The real explanation of these facts was that in the last five)
ELK. Gort 3% Loan 3% years the Government had beent
prez. b.
Wallace Harpers 34 z
doing what it could to keep an (Continued of foot of next CoL)
SAILING
MANILA
EMPRESS OF CANADA DECEMBER 16th
MJANUARY 1st
HONG KONG
TO
PACIFIC COAST
17 DAYS HONG KONG TO VANCOUVER
via the Direct Express Boute
18 DAYS HONG KONG TO VANCOUVER
via Hoonlalu, "the Paradise of the Pacific”-
2 DAYS HONG KONG TO UNITED KINGDOM Gin direct-cou
EMPRESS OF ASIA
SAILS FOR-VANCOUVER via SHANGHAI -
& JAPAN
AT 6 AM
WEDNESDAY,
DECEMBER 23rd.
For Information Apply To Your Own Agent Or
Canadian Pacific
SPANS THE WORLD
Tel. 20752
CHANNEL BUOYS
WHAT would modern naviga-
tion do without the channel buoys --those floating marken that keep ships off the shoals? In a very real sense, the advertise ments in this paper are chamel buoys, placed for your protection. --for the safeguarding of the family expenditures.
These advertisements arc
the signed statements of reputable firms who seek your patronage on the sugle basis of giving value for every dollar spent. They are honest statements, the only kind an advertiser can use and resusia an advertiser.
People who get the most for their dollar in the market-places are those who keep an eye on the channel buoys. Day by day, they follow the advertisements to learn "what and where to buy to the best
rantage. Make this a habit, Stacy the advertisements, în the interest of shrewder, buying.
vrtisers in this
have charted ing for you.
RAW RUBBER
New York Share Market Latest Quotations From
Messrs. White, Weld & Com-advance pany, New York Correspondents oil shares as a long term specula- We would recommend for Mesars. S. Levy & Comition. pany, report:
Stocks: The bonds market, er
Business done: 1,950,000 shares. Grains: There is no change in
Singapore Mesars. #. B. Joseph & Co have received the following quotations? from Singapore in Straits Car
Buyers
pecially Government issues, is the outlools If the near positions/uncy for Raw Babberag
easier. In stocks, railroad and advance, traders might sell a part utility securities are still hesitant: of their holdings with the idea of industrial, steel and copper shares
Total axles: 40,087,000 bushels
HONG KONG MINES LIMITED
Decision Reached On Lin Ma Hang Project
After carefully considering se [veral groposals to finance the Lin Ma Hang project, the Directors 34 Up 1/4 of Hong Kong Mines Ltd have decided to accept that of Meners. Neilsom Manila, as being the most favourable.
Spot
Jan/Mar,
34
Apr/Ime
24
July/Sept
*34*
·Market: Buyers Holding Off
continue to be the centre of in-e-entering the market on any terest. We feel that prices should setback go higher Labour froubles: are holding motor. issues in spite of Cotton: Large offerings of low| prospects of a good year ahead: grades without any demand de- The statistical position of the oil pressed near months. A further Open door and to lower the industry is still good. The Colline influence was the likelihood of ear-eral level of world barrier & Aikman Corporation reportaly offering of Government down trade. They were coming earnings of $6.44 per share for a cotita We see little chance of end of the first period of months. We feel that Can issues higher prices at present are sold down to the level at Rubber: The market which traders can buy for a long strong, which recomm
The market is undecided, on-setbacks,/^/ there is a fair chance of and Total sulc's $4530 tons.
their trade agreements. opened renewed one or two of buying which the cmost bugy
[that with the. Azge
Wireless Service.
This will cable the Company to shortly go to allotment and im geo-mediate steps will be taken to s
cure the necessary machinery
Subscribers wit no doubt be in- terested in the recent sharp rise
in the price of lead, Le
on in November to £28 tou to day, which greatly, en hances the future pros