BANKS
HONG KONG AND SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION- INDIA, AUSTRALIA & CHINA.
Authorised Capital ..................$50,000,000- Issued and Fully-Paid-up. 20,000,000 Reserve Funds
Sterling
£6,500,000
Hong Kong Currency
Reserve.... -$10,000,000 Ecserve Liability of Pro-
prietors
HEAD OFFICE) HONG KONG,
་་
Incorporated by Royal Charter, 1856
HEAD OFFICE: LONDON
Paid-up Capital
Reserve Fund
£3,000,000 .£3,000,000
Reserve Liability of Pro- *
$20,000,000
prietors
£3,000,000
Agencies and Branches:
Alor Star
Holla
Bankok
Lavin
Ipek Kanchi
Rangoon Sargon Demarang
SUTE DE
Bombay
Nanghai
Ciputa
Koala Lumpur
Singapore
Canton
Kacking
Nitawark
Madras
Youtubnya
Harsta
Taiping
Hladn
THULE
New York
Paiping
(15blake)
(Paking)
Tungtao
Penang
Yokohama
Zamboanga
BOARD OF DIRECTORS,
Hon. Mr. J. J. Paterson.
Chairman.
G. Miskin Esq..
Deputy Chairman.
J. B. Masson Esq.
A. E. Compton Esq., T. E. Pearce Esq.,]
Hoa. Mr. S. X. Dodwell,
J. A. Plzner Esq..
Hon. Mr. M. T. Johnson,
LNOT
Cousspare
دامنه
Loice be
D
Huphous
Hatsburg
Hankow
5
H. Long
A. L. Shields Esq. Foreign Exchange and Gabera Banking busine
V. M. Grayburn, Esq.
HA MIKOX BATAVIA
LOMBAY CALCUTTA,
CANTON CHEFOO CULOMBO
DAIMEN FOOCHOW HAIPHONG HAMBURG HANKOW BARBIN HONGLET VLOZLO
fro
HOLE
KOWLOON
Chief Manager.
BLANCHER :-
KUALA LUMPUR
LONDON
LYONS
MALACCA MANZILA
MUAR (Jphora)
MURDEN
NEW YORK
ΠΕΤΡΙΝΟ PENANG
BANGOON
MIGON
SAN FRANCISDO
SHANGHAI
SINGAPORE
OCBABITANT
SUNGE
TIENTSIN TULTO
TSINGTAO YOKOHAMA
Current decouble opened in Local Currency a Fred Depowe moved for coa post or
periods in Lood Currency and bearing on terms
which will be placed on application.
ALSO up to Cale SAFE DEPOSIT BOWLES in varies wins TO LEI.
Hong Kong, 24th February, 1936.
HONG KONG SAVINGS BANK
The Business of the 'above Bank is conducted by the HONG KONG AND SHANGHAI BANK- Bules may be attained ANG COMFORATION.
Do sppeUDO.
POK THE BONG KONG AND SHANGHAI BANKING CORPORATION.
V. MORATBUEN,
Chaal Manager, Hong Kong, 24th February, 1936.
THE BANK OF EAST ASIA, LTD.
Authored imperat
-$10,000, 13.00 +5,556,800,00
Roh and Ladivided Protite2583.33.5*
HEAD OFFICE: HONG KONG.
20, Des Vans Road, Canirai.
BOARD OF DIRECTORS
Crazeected
Carrees Actuate opsoed and Fixed Depostin recused for one year or shorter periodi al zuten:
whack will be quowal na appöcation.
The Bank's Hand Odos in London undariakoo Executor and Irules busom, and cautra recovery, of Betish Tacoma. Da ovepalai, en varma which may be mamatay sa KES M2 19 Agencies and Broches.
A BREARLEY,
Manager. Hong Kong, let Jannary, 196L.
THE CHINA & SOUTH SEA. BANK,
LIMITED
(Incorporated in China) Head Office-Shanghai
Capital Reserve
$1,500,000,00 $1,500,000,00 Branches-- All Important Cities m
China
Formigo Exchange and Ghanaeul Becking Businaan
Cures and Saving Accounts quad and Find") Deposzta zeosivad. Se non var í skorte patioda {nt raten which will be quoted in application.
SOU Z CHANG.
Manager.
HONG KONG BRAKE: M. De Four Boad, Ca Manager's Offiam
Frugs Esebange Doph. mar
General Odon Comin'. O
THE WING ON BAIK, LTD.
Head Office: Hong Kong 26. Des Voeur Road Central Authorised Capital $10,000,000 LONDON BANKERS:— Westminster Bank, Ltd. Foreign Exchange and every des-
Hon. Sir Shouwen Chow, Chairman: Li Looption of banking business transact Chun, Eng. J. £. Am, Eng Wang Yumed. Ting. Eg Chas Ching Shak, Enque la Imm
Easy Wong Chus bon, Esq. sad Eas Yias
To. Eng-
Amey
Kas Tuz Po, Yog., Chins Manager.
Tan Fong, Esq. Managet.
BRANCHES AND AGENCIES:-
Batavia
منجولا
Labour
Sicutile
Bombay
Regen
Calcutta Cantor Karpheng Hankow
New York
Semarang
Singapor
Peping
Nourag
WOW cydney
Homolala
Panang
Kanjona
Kowloos
bagon
Trackin Tokra
London
San Franciwoo
Yokohama
Current Accounts and Savings Ac- counts opened. Fixed Deposits re- ¦ceived at rates which will be quoted) jon application.
Trusteeship & Executorship under- | taken. Safe Deposit Bores for hire.
PHILIP GOCKCHIN, Chief Menager.
SE CHINA MAXE, TUESDAY, JANHART 5, 1937-
Commerce and
Finance
LOCAL SHARE
MARKET
TO-DAY'S QUOTATIONS:
insued
The following was the list of. local share quotations to-day.
Banks
HK. Bank $1875 sa. H.K. (Lon. Reg.) £1093% z. Chartered Bank 414 n. Mercantile Bank A. and
$321 1 Mercantile Bank C. $147% 11. Bank of East Asia $83 T
Insurances
Canton Ins. $300 b., $305 32. Union Ths. $615 b.
SHIPPING DUES IN BRITAIN
WARNING OF APRIL INCREASE
London, To-day.
A Board of Trade' aABOURCE- ment regarding the dues levied on Shipping for the upkeep of light B.buoys and beacons in the United Kingdom and Irish Free State, says it was agreed by the compe- lent authorities in conference on December 18 that it had become necessary to increase the rates by obtain- 25 per cent, as revenue jable at present rates having prov- {ed. însufficient to meet the cost of maintenance, renewals and im- provements.
China Underwriters $1 a EK Fire Ins. $800 n. International Ásace. Sh. $31⁄4% =.
Stripping
Douglases $30 n.
H.K. Steamboats $7.40 m. Indo-Chinas (Pref.) $35 n. Indo-Chinas (Def.) $36 n Shells (Bearer) 132/6 n. Union Waterbosts $10 m.
Docks, etc.
H.K. and K. Wharves $107 xa. H.K. and W. Docks $14.20 2. Previdents (Old) $1.70 n. Providents (New) 20 cts. n. New Engineering Sh.$4 n. Shanghai Docks Sh.590 2.
Mining
Kailan Mining Ad. 16/$ n. Rabs $133.
Venz. Goldfield $8 b
Lands, Hotels, etc. HK. and S. Hotels $5.90
$5.95 sa.
H.K. Lands $331⁄2 b.
HK 4% Debentures $105 Shanghai Lands Sh$16 n. Metropolitan Lands Sh. 310 a. Humphreys $9 ni
H.K. Realties $44 s.
Chinese Estates $76 n. China Realties Sh.$4 n. China Debentures Sh.$60 PHILIPPINE MINING
Closing
Antamoks Atoks
According 5, az Order-in-Coun- cil will be issued under the "Mer- chant Shipping Act, 1898, bring ing the proposed increase into ef- |fect from April 1 next - British
Wireless Service.
LOCAL DOLLAR STEADY
Silver Prices Fall
Further
The local dollar is steady, open- ing on demand this morning 2t b1/2-
"Spot" silver declined 1/16 21%, while "forward" also fell: 1/16 to 21%
This - black and white tweed spectator sports cost is tapped by a great collar of Canadian byaz. The wrap is bolted with black calf belt at the natural waistline, and the skirt fares out in this season's smartest manner. Lucille Bail, the screení actress, is the model.
COMMODITY PRICES
The following quotations have been received by Beuter
The London on New York cross-May rate was unchanged at
Prev. Yesterdayi
train
On your to
SEE CANADA
Cross Canada on a, Canadian Pacific
through the world Famous Canadian Rockies Stopover at Lake Louise
Banff..
.The
cities of Eastern Canada.... A chain of curious Canadian Pacific Hotels awaits you.
Connect at Montreal or Quebec with Canadian Pacific. Trans-Atlantic Liners sailing by the sheltered St. Law. rence Seaway to Europe.
Information and tickets from
your own agent
Canadian Pacific
WORLD'S • GREATEST -TRAVEL - SYSTEM"
HONG KONG MARKET PRODUCE -
APPROXIMATE RETAIL PRICES
Jan. 3 Jan.[
1337 1918 Cts. Che
POULTRY.
Tb.
Capons, Small
Closing Closing
to New York Colton:
January March
12.44
1235
12.40
12.31
12.30
12.19
July
12.21
12.10
US$4.90%, while the New York October
11.84
11.75
on London cross-rate was quoted Spot
13.00
12.31
|at £-U.S.$491-3/16, as compared Kew York Rubber:
with 4-US$4.90-15/16.
January
21.300
20.551
March
21.95
20.63
MlayTM
21.10
20.53
Sales
10 zn Local
July
20.92
20.44m
in Pesos Currency
September
20.842
$20.30
Chicken
Chicago Wheat:
1.75
Large
55
May
1351⁄4
13534
Duck
Baguio Goid
28
118%
119
Doves
Balatoc Mining
1444
September
1152
115%
Benguet Consol.
144
Chicago Com:
ing)
Benguet Explor
20/2
Big Wedge
391/4
THE
Consolidated Mines
.04.07%
32
May July September
-1067%
100%
101
102 1023%
Eggs, Han (cock-
107, Hen (fresh)
Fowls, Hainam
per doz.
Canton
"
INC.
Ipo Gold
Geese
Pigeons, Canton
Mindanao
.65
I X L
1.90
Itogons
1.75
Spot 35% b. Down 1.
New York
Masbate Consol.
.54
April-June 25% b. Down 14.
Northern Mining
21
May
-- US$6,000,000.00
2,240,344.38 Salacot Mining
Paracale Gumaus
86
July-Sept. 35% b. Down 1.
July
New Contracts Contracts Opening 108H
106
New
Haikow
Turkeys Cock
Closing
Snipe
111
Pheasant
107
Qzil
.06%
Winnipeg Wheat;
897,61265
San Mauricio
3.35
Sayoc Consol
.56
Oct-Dec. 35% b. Down 1.
Market:Easier.
Partridge
May
July
129% 1249% 125
129%
FRUITS.
United Paracales
1,60
Coco Grove
1.15
1.82
Mino Nice Naples
G'Goldfields
37.
Almonds Lemons, Chine
b. 1,50
Min. Eesc
.43
Pirmas Paris
Bananas (bride's) Carambola
FITLY
Coconuts
RAW RUBBER
Latest Quotations From July
Singapore
Messrs. H. B. Joseph & Co.
the [have received
following in quotations from Singapore Straits Currency for Raw Rubber: Chicago Corn:
81 19828||||||
** 129089993 (983
3937-1918
BUTCHER MEAT.
Beef Siripin
Prime Cut
Corned
Bozst
Breast
Soop
Stent
Steak Sirloin
Sattunger
Bellock's Brains
Tongue, fresh
Head
Heart
corned
Hump, Seit Feet
Kidneys
Tail
Liver
ZUPARRJ88988 1889988" 8886||5948|98186 8452 KANA ||
per
each
2.00.
Esch 24
180
ཀྰ! ལྕd*
per a
ག ང་ ར་ ར ན ད་
•
Every description of Banking and Exchange, Downs gmated on approviť | business transmetod.
OUTLI
Current Locust opened in Local Cummer and Fixed Depone readived for
shorter periods in Local and Foraigs Catzoacán no verma which will be quoted on application.
Safe Deposit Boxes To ist
XAN TUNG 20,
AMERICAN EXPRESS COMPANY Demonstrations
Inneporated with Limited Zibility in USL
Head Office:--65, Broadway,
Capital Surplus Kids Manager.
Reserves
THE YOKOHAMA SPECIE BANK
Amsterdam Antancy
Атация
حامد
LIMITED
Established 1880
Berlin
Capital (fully paid-up) Yen.100,000,000, Reserve Fund
.Yen 130,900,000
Bombay
Brymania Cairo
Calcutta Cannes Colombo
Head Office: YOKOHAMA
Branches and Agencies at
Alexandria
Bangkok
Batavia
Berlin
Bombay
Calcutta
Canton
Dairen (Dainy)
Moji
Nagasaki
Nagoya
New York
Osaka
Otarti
Paris
Peiping
Fengtien (Mukden) Pangoon
Hamburg
Hanków
Harbin Hong Kong
Honolulu
Hsinking
Karachi
Kobe
Rio de Janeiro San Francisco Seattle
Semarang
Shanghai Singapore Sonrabaya Sydney Tientsin Tokyo Tsingtan Yingkow Interest allowed for Current Ac counts.
London
Manila
Los Angeles
Deposits received for fixed periods at rates to be obtained on applica tions.
Y. KANO,
Manager. Hong Kong, 19th November, 1938.
TRE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED -
(Incorporated in China)
Capital paid up Reserves
.$5,000,000. $7,500,000, Capital Savings Dept. $500,000. Reserve Savings Dept. $600,000. Eead-Office Shanghai
A Bark haring as its mission the industrial development on China and the fostering of her commercial relations abroad. Hong Kong Of
6, Queen's Boad Central Phone 31116.
Copanbagus Dublin Edinburgh Florence Grepeta Grenos
BRANCHES
Glasgow
The Hague Havana Hamburg HAUTO Heidelberg Interinowa
Perunajam "London
Liverpool Lucerne
Lugado Leczor Marseižina
Monte Carlo
Munich Montimes
Paiping Botterdam Боса Shanghai Southampton Singapore Tissuin Vanna
Vaction Yokohama Zurics
Branches: of American Express Company in Principal cities of United States of America and Canada.
All classes of Commercial Bankingį Transactions undertake
Personal investment accounts hand-
led.
The Company offer 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. L. BENSON,
Garral Manager.
HONG KONG HEIGHTS
For the information of vizitora) the following list of some of thej highest points on the Island and Mainland is published:--
ISLAND
Victoria Peak
-Public Utilities
H.K. Tramways $12.85/13 sz. Peak Trams (old) $61⁄2 n Peak Trams (new) $2% n. Star Ferries $93 -
Yaumati Ferries $25 n.
C. Lights (Old) $13.60 b. C. Lights (ew) $10.40 b. H.K. Electrics $563⁄41⁄4 sa Maczo Electrica $20 m. - Sandakan Lights $10 n. Telephones (Old) 2301⁄2 n Telephones (New) $10% . China Buses Sh.311 n. Singapore Tractions 27/- a. Singapore Pref. 27/~ n.
Industrials
Cald., Macg. (Ord.) Sh.$19% Cald., Macg (Pref.) Sh$15 Canton Ices $2.05 m.
Cements $11 n. HK. Ropes $271⁄2 1
Stores, etc.
Dairy Farms $226 b. Watsons $4.85 m.
Lane, Cawfords $6% n. Sinceres $2.90 n.
Wing On (HK) $50 n. Cotton Mills.
-
Ewo Cotton Sh:$15.20 n.. Shanghai Cotton (Old) Sh.$85
Shanghai Cotton (New)
New York Share Market
Messrs. White, Weld & Com- for the present for fear of pany, New York Correspondents set-backs. for Messrs. S. E. Levy & Com paný, report:
Apples (California) Cotton: It is believed that the Demons, American domestic mills could absorb 1,000,- Licheex, Dried... Oranges (Canton) 1000 bales of Government loan cot-|
Oranges (Sweet) Stocks: The labour situationton and, as the loan cotton sales par has been the main depressing fac-lwill somewhat relieve the tight- Ozanges (American)
Pears (Canton) .--
tor in rails, through the threat offness of nearby positions, we sug-|· Persimmons, Large a decrease in the volume of rail-gest the transfer of long March Pamelo, Sism road traffic. Industrials, oils and positions to May and July.
We Walnuts coppers are strong as a group, with are confident of continued excellent Grapes some indiscriminate speculation in mill buying and we advise pur lower-priced stocks. We continue chases on any set-backs. Rains in
to like these levels, but we feel Oklahoma and Tezis during Artichokes that these groups cannot move November and December were ab Beetroot very far for the present. Gener normally light.
Tripe
Calves' Head
Feet
Mutton. Chip
Shoulder Saddle
BraZZAL Chitlings
Feet
Head
Parks Chops
Kidneys
Layer
Loin
Leg
Fst or Lard Sheep's
Head &
Heart Kidneys
Feet
VEGETABLES, ETC.
Ib. 12
P
Brinjals, Green
Long Bed
Chinese (Shanghai
Buckling Pigs to
Order Spet, Beef
Muttom
No.1
FISH
Barbel
Cabbage,
ally speaking, there is no sign" of Rubber: The continuance of re- a near-by settlement of the labour cord-breaking consumption of rab- situation. This fact and the real-ber in the U.S.A. is indicated by ization that other industries are the fact that truck and bus dire Cauliflower (Large) each
(Medium) indirectly affected is depressing the sales are steadily enlarging. The
(Small) market considerably. It is our unsettled labour conditions at the
Carrots opinion that increased seriousness present time will probably induce
Celery, Chinese may precede the final clearing up many manufacturers to build up Callies, Driel
Rod of the situation, but we still con-inventories. Recent profit-taking1 sider the situation fundamentally was quite extensive. We would re-
inence.
Business shares.
Green
Cucumbers
as only a temporary retarding in-commend the long side, taking part: Carry Stud, English-
in profits on any bulges.
Garlic done: -- 1,510,000
Copper: Consumers are poorly
Ginger, Young covered and the continued heavy Wheat: Heavier buying of four demand for copper is finding sellers Horseradish, Sha is expected as a result of increas-scarce. The situation in all metals Indian Coen Sh$60|ing re-buying for hedges, while the is believed to be fundamentally Lettnce
Okras dwindling of Canadian supplies sound, but the future positions ap should facilitate the absorption of pear to be needing some technical Southern Hemisphere supplies. The adjustment. We would favour pur-
supply chases att tightness of the World
any recessions. En- Patzley situation and the delay in Argenquiries from the Trade and from Potato, sweat
Japanese Constructions (Old). $1%%' z tine harvesting suggest higher outside interests are showing a
American Constructions (New) 421⁄2 cts. prices. We remain bullish on the healthy increase.
b.
Zoong Singa Sh $31 n. Wing On Textiles Sh.$36 n.
Miscellaneous
Entertainments $3.40 m.
Herring
Onions, Bembey
Shanghai
Lobster
Green
Mackeral
60
Oysters
PerchTM 1ibe
Past 1,828
Signal Station
1,774
Mt. Parker ****
Mountain Lodge
1,784 1,728
The Eyrie
1,728
general outlook.
Feak Hotel
Mt. Davis
"Bowen Road (filterbeds).
1,305 877 237-
Vibro Piling $511⁄2 n.. Ch Govt. 5% 1925 G.$Bda
MAINLAND
FLK. Govi, 4% Loan 8%
b.
Przepkin Flashes: The American Railway Radish Total sales:-32,229,000 bushels. Association estimates car-loadings Thubarb (French) Corn: The strength of the feed for the past week at 562,000 cars, Turnips Punti zituation is helping prices. The which is an increase of $6,000 prem. prevailing colder weather is cans cars over the corresponding period.
ing decreasing, country shipments of last year.
Propofret, White Freundret, Himek
Bosch
(Loer)
Fast
Taimoshan
Kowloon "Pesk-
3,124 1971
HK Govt. 52% La
prem. b.
Vegetable Karzew Water Lily Boot Spinach Taustomi
Salmon Shark Marings
Tench
Wallace Harpers
3% and a better feed demand, but the Steel Mil activity for the past hog run fa now nearing its peak week is estimated at 19.4 per cent and we would limit our purchases of capacity
#Mudrooms
·10
Canton "Fresh ~Water - Fish ~*~* Codfish
Crab
#8′′| Cuitle Fish
$ Dace C
17
20
Frogs
Eels Conver Eeir Freak: Water Eels Yellow
Gerotipa
Guigpok
9. TABBANT/REBES8AM-8=8**=**=*82