BANKS

TRONG ỔNG AN KHANG HI HI KHANTERED BANK OF

BANKING CORPORATION

Capital 10 $50,000,000

“Issued mad" ully-Paid-op 20,000,000)

Stef

Reserve.

Reserve Liability of Pro-

prietors

HEAD OFFICE:" HONG KONG. BOLED OF DIRECTORS

INDIA, AUSTRALIA & CHINA

Incorponded Regal Charter, 1911.

HEAD OFFICE: LONDON

$800,000

Paid-up Capital

$10,000,000

Reserve Pid

$3,000,000 ES,000,000

Reserve Liability of Pro-

[$20,000,000)|||-gadetoma “*..

£3,000,009

"Agitudes "and Branches:

or Mar

`isagioc

Jangoon saigon

Semarang Nerwinban

GAMEDAY

Kuaza Launpur Xucting

Cebu

Magia

Gsmashe

Medan

New York

pinphong

Pazping

Prung

Hon Mr. J. J. "Paterson Chairmats.

G. Miskin Esq

Deputy Chairman

J. E. Masson Esq..

A. E. Compton Esq., T.-E. Pearce Esq.

Hon. Mr. S. X. Dodwell,

J. A Plummer Esq.,

For Mr. M. T. Johnson,

AMOX

A. L. Shields Esq.,

V. M. Grayburn, Esq.

Chief Mangat.

ANGKOX HAJAVIA

MINHAY

CLICUTZA

CANTON CHEYOO JULUSUNG DAIREN

JUCHUT

HAIPHONG

HAMBERG HANKUM BLERDIN

WONGNEW

ILUL

SPOU

JOHORE

20BE

AUWLOON

BRANCHES -

XUALA LUMPUA

LONDON ЧТОБЫ MALACCA

MANIZA

MCAX (Johor)

MUKDEN

KET TOEX

PEIPING

PENANO

RANGOON

SLIDON

SAN FRANCISCO

SHANGRA

SINGAPORE

BOCKABATA

SUNGE PATAKI

TIENTSUN

TOKYO

TSINGTAO

YOKOHA

A

Carreal Accounts opened in Local Currency adi Fazed Duponte zoved in one year or shorter)

Haidary HARLOW Harbin

Hong Long

Armbanded.

Sungspoes Sin SOUTHDAYS

I sugiona

(Dibuke) Таарына jokota.com Zachowaga

Opm Cree

Tomance

BRITISH EXCHEQUER SHARE MARKE

RETURNS

"Greater Business Activity

London, To-day. Exchequer returns show that total ordinary revenue amounted to £484,047,300 as compared with £430,791,367 "at the correspond- ing date last year.

The yield from stamps, at Fangn Exchangs and Gresarel Banking basiz£18,360,000 sik against £15,540,000 Current Accounts speed and Fixed Depo for the same period of the last recurved son bots or aancial year, reflects greater the bank's head office te Leados undertake business activity, particularly in

And the stock market. C Stand MLA Overpaid. warm which may be mostáƐDen 15 BUT I V Aguson and bioche

artuch wall, be ́gnosed ón, application. --

A. BREARLEY.

Manage

Hong Kong, 1st January, 1985.

THE CHINA & SOUTH-SEA BANK, LIMITED

(Incorporated in China);

Head Office-Shanghai

Capital Reserve

..$7,500,000,00

$1,500,000.00

periods in Lons. Carency and Shoting a west Branches ---- All Important Cities m

which will be gected an over

ALSO up to date DAFË TEZIONE LINE TU ZE

Baress in

-Hong Kong, 24th February, 1936.

HONG KONG SAVINGS BANK

The Basta "at the above Bank la conditted by the HONG KONG AND SHANGHAI BANK ING COMPORATION. Bules may be obtained

sa appliostacos.

FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION.

V. X. GRAYBURN,

Count Maingat. Hong Kong, 24th February, 1936.

THE BANK OF EAST ASIA, LTD.

Autbered, Capital museum

– $10,000,000.00

Herria nad Cadivided. Prodi muun$ 250G, BIG SA

HEAD OFFICE-HONG KONG.

20, De Vorex Bood, Coral

BOARD OF DIRECTORS—

China. Forigo Exchange and Geoscal Banking Business Current and bering Accounts speed and Fiked Depou moured 200 008 zeer of shorter provoca 47 zaves which will he quoted on applzont.

SOU Z CHANG,

BONG KONG BRANCH)

=24, De Vance Bost, Centesi.

Manager's Offos

zorga bizange Dept.

Ceaseťa LAMAN

ed.

Tel. 3865

THE WING ON BANK, LTD.

Head Office: Hong Kong

000

26. Des Voeux Road, Central Authorized Capital $10,000,000

LONDON BANKERS:—

Westminster Bank, Ltd.

The total ordinary expenditure is £570,087,083 as compared with £543,907,332 at the corresponding date of 1555-British Wireless Service

FRENCH LOAN TO POLAND

Unanimous Vote In Chamber

"CHINA MAIL" SPECIAL

Paris, To-day. Chamber "unanim- The French ously accepted the bill regarding the large loan of 1,350,000,000 francs to Poland. It will be re: called that 405,000,000 of this gam is to be lent to the Polish Gov ernment direct, while the remain ing 945,000,000 francs will go t the Franco-Polish Railway Com- pany.

the

Paris: Following the Chamber's unanimous approval of the French loan to Poland, the Foreign Minis- Foreign Exchange and every des-ter thanked the House for cription of banking buzineas transact-"manifestation of national ́union.” and then stressed the fact that the Current Accounts and Savings Ac-| Chow, Chairman; Li Konta Hoa Sur show Kwon, Eagu Wong Im counts opened. Fixed Deposits re./security problem played a consider-1 Jung. Bet-Chan Ching Shec. Ex L Leived at rates which will be quoted able role in the loan negotiations, since France and Poland. which on application

Trusteeship & Executorship under-were bound together by common taken. Safe Deposit Boxes for hire. ideals and traditions, were also in

PHILIP GOCK CHIN, Chief Manager.

Chun, Esq., P.

Yang. Easy Stany Chu Don, Eaq. and Kac Ting Min L

Jan Tung Po, Esq. Ciziet Manager.

Le Fang, Kogn Manager.

BRANCHES AND AGENCIES:-

Xandia

Malbosans

Osaka

Amey

Sexte

Bombay

Sagnesi

Calcusse CELA Kaiphong

Sew Xuck

Serrung wanghai Simp tourabaya

TRCUL

ZETOW

PEDANC

Talnica

Kangou

Tagacia

Kowloos

Tokyo

Lagernes

Sa Foch.co

VADO

Troc

Kakow Hondtala Bobe

Paiping

Bery description of “Backing and Exchange business tracted. Lome paŭted on appisteći Acurities.

Current Amounie opsted in Local Cutey and Fixed Deposite Tecnivad for one year or shorter periode in Zoost and Foreign Curracades od terms which will be quoted on "application.

Dale Depois Esam To Le

TU TING đầu

Chist Mangur.

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1880

Capital (fully paid-up) Yen 100,000,000 Reserve Find

Yen.330,900,000

Head Office: YOKOHAMA

Branches and Agencies at

:Mon

Nagasaki

Alexandria

Bangkok

Batavia

Berlin

Bombay

Calcutta

Canton

Daren (DERS)

Nagoya

New York

Osaka

Otara Pariz

- Felping

Fenghien (Mukden) Bangoon

Hamburg

Harbin

Hong Kong

Babaluln

Brinking

Karachi Kobe

London

Macuila

Los Angeles

counts.

Rio de Janeiro San Francisco Seattle

Semarang

Shanghai Singapore

Sourabaya Sydney

Tientsin

Tokyo

Tringas

Yingkow

Interest allowed for Carvest Ac-)

Deposits received for fixed. periods)

at rates to be obtained · su^applica-

L-KANO

Hong Kong, 13th November, 1935.

SHANCHAL ECOMMERCIAL

SAVINGS

THE MERCANTILE BANK OF

INDIA, LTD.

HEAD OFFICE:

15, Oranacharon Street, London, E.GE

Authorised, Capital

Subscribed Capital Paid-up Capital Reserve Fund & Rest

PAYTRES:

£3,000,000

1,800,000

1,050,000

1,247,830

The Bark of England & Midland Bank, 142.

PRADE

BRANCHES

Bengkok

Ipol

Sew York

Bombay Calrette Colombe

Fancy

Farachi

Zoet Legis

Kota Bharu

Kuala Lipis -

Galla

Xin Lepr

Krache (Pat) Xadras

Howrah

HUNG TAYA TRU

(ii) Bangono Shanghai Singapore Simle

full agreement regarding duties which the present dangers were imposing--Trans-Ocean Ser- vice.

FRENCH DEFENCE

GRANT

1,750,000,000 Francs

REPORT

TO-DAY'S QUOTATIONS

TE

MENTS

ARMS LICENCES

"OLDERS " of "Arms Licences

He due for renewal ou in

following" "was the Hat "of Januszy, 1937 (Fee $10.00 per local "share" quotations issued Licence). Licensees should call at to-day--

Briks

H.A. Bank $1850 b., and sa. H.K. (Lon. Rex:) £110 x Chartered "Bank“ £153⁄41⁄4" n. Mercantile Bank A. and

Mercantile Bank' C. “514% n. Bank of East Axia $85 n.

Imanences

B

Canton Ins: $300 b -Union Ins.* $615 b.`and ba Ching "Underwrists $1 ́n. H. Fire Ins. $300 1. International Assce. Sh. $334 p.

**Shipping

Douglases $80 1. H.K. Steamboats $7.40. n. Indo-Chinas (Fre£) $35` n. Indo-Chinas (Def.) $35 z Shells (Bearer) 127/5.n. Union Waterbosts $101⁄2 m.

Docks, etc.

H.K. and K. Wharves $10734 b. H.K. and W. Docks $1420 b.

$144 Providents (Old) $170 b. Providents (New).20 cts. n. New Enginearing Shi34 n.. Shanghai Docks Sh.$90 a.

Mining Kailan Mining Ad. 15/6 n. Pembe $18.10 I

Tenz, Goldfeld $8 b

Lands, Hotels, etc. H.Kand S. Hotels $5 b. FK Lands $33 h.

the Accounts Office, Police Head- quarters between the hours of a jaim and 1 pm daily. (Sundays and Public Holidays excepted), with their arms and Licences. Sd. T. H. KING Inspector General of Police. Hong Kong December 30, 1936.

A. S. WATSON & CO., LIMITED.

`NOTICE.

10

́N FRIDAY and SATURDAY, the 1st and 2nd January, ISST, ALL DEPARTMENTS 'will be closed, with the exception of the DISPENSING DEPARTMENTS, |which will be open for the dia

pensing of prescriptions as fol- [Lows:-

HONG KONG DISPENSARY:— 10 am to 1:00 pm.

6 plan to 7.30 pan.

KOWLOON DISPENSARY 200

10 am to 1:00:57

A; S. WATSON & CO. LATTED. Hong Kong 30th Dec., 1935.

BANK HOLIDAY

Accordance with Government

IN LoverANGL

HAK. 4% Debentures $105 . Shanghai Lands Sh$16 n. Metropolitan Lands Sh. $10 D. -Humphreys $914 m.

HK Realties $4.90 n. Chinese Estates $76 n. China Realties Sh.$4 n. China Debentures Sh.$60 1. PHILIPPINE MINING

Big Wedge

Closing

Rates Sales 10 am. Local

BANKS will be CLOSED for the Transaction of Public Business 'on FRIDAY. 1st, January, 1937

PROFE

ORLD'S "GRE.

LAVEL

Offers Two Route HONG KONG TO

THE 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"

9 DATS HONG KONG TO UNITED KINGDOM (via" "direct" comeet

EMPRESS OF CANADA

SAILS FOR VANCOUVER A SHANGHAI TAFAN

HONOLULU

AT NOON

TUESDAY, JANUARY 26th.

For Information Apply To Your Own Agent Or

Canadian Pacific

JPANS THE WALLA"""

New Year's Day) and SATUR New York Share Market

DAY, 2nd January, 1937.

Hong Kong, 28th. Dec., 1936.

LOCAL DOLLAR STEADY

Messrs. White, Wald & Com pany, New York Correspondents for Messrs. S. E. Levy & Com pany, report

"Stocks: Reports to the effect that there are na prospects of the International Telephone and Tele- graph Company securing any re

"Forward” Silver Up venue from its Spanish subsidiary

AMSTERDAM WORLD FAIR

Plans Cancelled...

"CHINA"SEAR~, SPECIAL,

Amsterdam. To-day.

company until 1938 should be dishe plans for the Amsterdam We understand that World Fair in 1939 have been can The local dollar is steady, regarded. opening on demand this morning at the Company is doing well else celled by the Committee following where, and Mr. Moody estimates the refusal of the Detch Govern- 1/2 27/328.

"Spot" silver was steady at 21-that the fixed charges for the ment to support the project with

"the

public funds." exclusive of. advanced current year, 4. while forward"

It is pointed out in thi Spanish company, will be covered

in Pesos Currency

the Antamoks

185

Atoks

35

Baguio Gold Balatoc Mining

274

1414

Benguet Consol.

34%

Benguet Explor

.9

Consolidated Mines Demonstrations Ipo Gold

3012 04 07

26

Itogons

1.75

Masbate Consol

47

Northern Minirig

.20

Paracale GumDENIS

.72

Salaent Mining

106

San Mauricio

3.25

5.40/50

54

1.60

with E-US$491-11/16.

.02

"CHINA MAIL" SPECIAL

Paris, To-day.

The Chamber of Deputies, with

Sayco Consol

out any preceding debate, ap- United Paracales proved a grant of extraordinary Assoc. Mines

credits totalling 1,750,000,000 francs for the purposes of Na

Engry description of Banking and Endung tional defence. The passage basis transacted.

Travel Cheam oi.

INTEREST MA Cutract Aromate and Faced Deposits as Eales that may be set on application.

E. KENNEDY

17. Qosso's Ioad, Contezi,

Bong Kong, M6 July, 2005,

the credit by the Chamber, bow- ever, is a mere formality since the required legislation has al- ready been effected by decree. - Trans-Ocean Service.

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.

ncorporated with Limited Liability in USA

4 Des Voel: Road Central.

(1,16 to 21.

ther

fman-

from 1.25 to 133 times. However, nection that, due to the fact that The London on New York cross in addition to the risk which is the Brussels held a world fair in 1935 rate was unchanged at £-US-herent in any company depending and Paris is planning one in 1957,

there is some doubt 25 revenue, 117/23 $4.91%, while the New York on fon foreign currency

London cross-rate was quoted at there is also the fact that deben-third one in 1939 will

cial success-T US$49144. 35 compared tures tend to move with Spenish

vice. news. Therefore, it is felt that while the near-term income is 293- sonably assured, chances for any capital appreciation would de

Although un-

Public Utilities HK. Tramwayɛ-$12.80 sa. Peak Trams (old) $514`z Peak Trams (new) $2% 1. Star Ferries $93 b.

Yaumati Ferries $25 n.. .C. Lights (Old) $13.40 b. $13.60

3., $13/60 sa.

C. Lights (New) $10.40 b. HK Electrics $55 b. and sa. Macao Electrics $20 n. Sandakan Lights $10 n. Telephones (Old) $20 b. $30

780 82

Telephones (New) $10.80 va China Buser Sh¥ 117 n. Singapore Tractions 27/→ n. Singapore Pref. 27/— n.

Industrials Cald, Maeg. (Ord.) Sh #19% = Cald, Macg (Pref) Sh $15 n. "Canton Ices” $2.05 'n. *Cements $il n' HK. Bopes $1

#

COMMODITY PRICES pend upon faventable develop

ments in Spain. The following quotations have seasoned, it is believed. Schenley been received by Reuter

shares are good investment secur Prev. Yesterday it as they were well protected by Closing Closing earnings.

Business" done: 2,230,000 shares. Wheat: Prices to-day declined

on profit-taking, but the volume

MOTOR. INDUSTI

IN BRITAIN

Distinctly Healthy

State Of Affairs

ehicles, prepared by

A survey of the trade

Economic Committee, “ahó

of selling was not heavy. hehile there are 15 times

still believe that this market will: eventually work higher and we would buy on fair reactions Total sales: 43,082, 00 bushels.

Cotton:-Buyers - were

KGETCO

owing to uncertainty regarding

motor can in the United in the United Kingdo

has more cars per of its area, (TE

the Government's plans for the Flum with 13.5. disposal of Its stocks of cotton.

We would advise traders to take

Ninety-four per cent. of,zat:

some of their profit at about the ugdom áre di ban present levels. As the general tre, while the British share in the total world export of motor opinion indicates higher prices

vehicles

New York Cotton: January March May July

12.55 12.52

12.36 12.35

· 12.43

12.25

12.34

12.18

October

12.04

11.80

Spot.

13.11

12.95

New York Rubber;

March

23.20

22.40

May July

22.94

22.50

21.94

September 22.40

21.95€

Chicago, Wheat:

May July

135%

134%

178

117%

Dairy Farms 214 b. Watsuda $485 1

September

115

eventually, we would, recommend purchases on any major dips.

Carn:

July

106 103'

106

Cofton Mills

Sh 15th.

Corne

(Old)

July

New

New Contracts Contracts Opening Closing

106,105% 108,102%

Shanghai Cotton (New) Sh.$60

Zoong Sings Sh.$31 n.

(Old) $1%^1

Flash: The Public Serv Corporation or New-Jersey, the year ended November 30, 10234 earned $2.76 per share as commper. jed with $60 per share during the

previous year.

POSTMANS 250,000 Inte

Service.

IRON SMELTING IN SOVIET

Production Plan ~Fulfilled

CHINA NÁIL. —

Moscow, To-day.

Mr. A. Hrison, of Ramsey, The Soviet Iron smelting kindus who has walked, about 250,000 try has fulfilled the year's produc- miles during his 23 yazzz as, a tion plan on the 25th inst, accord- 1273% postman in the Isle of Man, is to ing to an official statement made 127% be replaced on his 20-mile rom

Jby the managing boarding g by a mai va

$1925 G. Bda.

4% Loan 8%=pram

STEELWORKS TO REOP

ROMAN “hu SENAT”

sammunition dump, smelting section of A Roman Stoelworks, Gorsemon, containing a large number of

the size of: restart casty in the

Beven years. Adle- balls, Es

discovered

The Titan called for 15,860,000 time of steel and 12,100,000 toss at eslled from and the fengs

0,003)

ind 12-190.000

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