BANKS
HONGONG AND SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION:
Authorised. Capital
$50,000,500
Issued and Felly-Paid-up
20,000,000
Reserva Funder-
Starling ... **£ 6,500,000
$10,000,000
Reserva Llablity of Pro-
$20,000,000
Hong Kong Currency
·Reserve
prietors
READ OFFICE: HONG KONG,
BOARD OF DIRECTORS.
Hon. Mr. J. J. Paterson.
wbiz.
G. Miskin Esq... Depoty, Chairman.
A. EL Compton, Esq.
Hon. Mr. & H. Dodwell,
M. T. Johnson, Esq.,
J. R. Mason, Esq--
INDIA, AUSTRALIA & CHINA
acerated by Mayal Checker, 2003, {
HEAD OFFICE: LONDON
Paid-up Capital
Reserve Fund
Reserve Libility of Pro-
prietors
£3,000,000
ommerce.com Finance
CHINESE BANKS
3000,000 CLEAR PROFIT £3,000,000 OF $9,325,500
Agencies and Branches:
„Alor Bhar
Ancho
Banchok
PARTS
Tambay Calestre
Blenn Koba
Kuala Luisq
Canton
Kuching
Corap
Madem
A
Medan
Gebu Cafeho Dethi
Haiphong
Hamburg
Hankow
New York
Puping
(Paking) Fecang
+
Rangoon Saigon Semarang Berenbon
Sitiawan Kourabaja Taiping
Delga Zongish
(Bamist)
- Tunghan
Yokoma Zamboanga
K. S. Morrison, Esq.
Bong Loo "Esq- T. E Pearce,
Foreign Exchange and Gascal Banking basize A. L. Shields, Esq.
Current Access opened and Fixed Depot
V. M. Graybum, Esq.
Chist Masag.
AMOT
BANGLOR
BATAVIA
BOMBAY
CALCUTTA
CANTON CHEFOO DOLOMBO
DALEEX
POOCHOT HAIPHONE
HAMBURG0
HANKOW HARBIS
'CLOIS
(POR
JUHOLE
KOBE
KOWLOON
¿RANCEFA
KUALA LUMPER
LONDON
LYONS MALACCA
MULE (Jobnes) MUIDEN
NEW TORE
PELPING
PENANO MANGOON
SLIGON
SAN FRANCISCO
DELANGEA
SINGAPORE
SUCRA KATA
SUNGE PATANI
TIENTSIK
TUKYO
TKING TAO
TORONAMA
Current doortal opged in Loosi Currency and Fland Depot mental, for one year perioda i Local Currency and Stecting se weten
Hong Kong, 4th February, 1836.
HONG KONG SAVINGS BANK.
The Dizon of the above Back in conducted by the BONG KONG AND SHANGHAI BARK- ENG CORPORATION, Be“ MAJ
no apptention.
FOR THE HONG LONG AND SHANGHAI ANKING COLTURAZIOK,
V. M. GRAYBURN, -
Cloud Manage.
Hong Kong, 24th February, 1936.
THE BANK OF EAST ASIA, LTD.
Authorised Capital
Paid-up Capsia -
$18,000,000,00 $6.50B800.
Emets and Undivided Prod — 1,806.305.57
BELD OFFICE:-HONG KONG.
20. Da Voz Bood, Cale
transected.
Ved for the year or aborist pamoda aL SAIN which will be quitel om application.
i.
Stabilised Currency, Good Crops Given
As Reasons
Fourteen member banks of the Shanghai Chinese Bankers' Asso- ciation cleared an aggregate det prost of $9,325,500 during 1936, an official report reveals.
The proft figure is expected to
The Buck's Reed Con la Londen undertain be further increased when the re Esculap Truste business, and claime ports of 18 other member banks covery of British Innome. Dar svatynkt, ca
wikin bu umeniat så any fare turned in. Shanghai banking, Agrarisa sad Desnobne.
officials expressed the belief that the total sum of profit when com- Manager piled, is likely to set a record mark in recent Shanghai banking, his- tory.
A. BREARLEY.
Hong Kong, 1st January, 1935.
LIMITED
| THE CHINA & SOUTH SEA BANK, A variety of reasons contributed to this bumper banking year. First of these came as a result of the stabilised financial structure in (Incorporated in China)
Head Office Shanghai Shanghai and throughout China Capital
$7,500,000.00 brought about by the currency re- Reserts
$1,500,000.00 form of the National Government Branches-All Important Citing m'in November 1935.
China Zorniga Exiangs and General Banking Busines Casement and Ewering Locale opened and Find Deponate work for now your or shorter periods
4 notes which will be quoted on applimtion.
~BOU Z CELNG.
BONG KONG BRANCH: 3. Dan Vanex Boad, Central.
Mazagie's Off Formigo Exege Dep Ganges
(fo Cashine's Odon
Tel. 38553
**
THE WING ON BANK, LTD.
Head Office: Hong Kong 26, Des Voeux Road, Central Authorised Capital $10,000,000
ゴー
Good crops in China's far-fung agricultural areas" stand as other major reason for last year's huge banking gains. Farmers, with more cash on hand from the sales of their corps, helped turn the wheels of industry and commerce, thus increasing the total turn-over of local business.
Many of Shanghai's leading bankers, scanning the report last Right, pointed to the nine-million dollar profit as an indisputable! sign that recovery in China is no longer around the corner," but definitely on the way.
LONDON BANKERS:
Topping the list of bank profit Westminster Bank, Ltd.
in the report was the Bank of Com- Foreign Exchange and every desmunications, which netted profits cription of banking business transact-}"
(of $1,350,000. The Kincheng Bank- ed.
Corent Accounts and Savings Ac-ling Corporation, ranking second Yong E Chat Ching Shok, Eaq-counts opened. Fixed Deposits replace in the list, showed a profit bang. Enga Wing Chu vơn, Tag, and Im Tint ceived at rates which will be quoted of $960,000. Coming third in the
BOARD OF DIRECTORS—
Hon. Sir Show Chow, Chairman; Li Emme! Chuo. E PL Kwok, Eng Wong Yus
Po Em-
Tang P. Eng., Chist Manuget. Li Two Forg. Eng. Manager.
BRANCHES AND AGENCIES :-
Havila
Mathomeze
Amog Bateria Bembey
Seattle
Kagumi
Semarang Langbei
Calcutta
Si Zacks
Singipat
Canton
Capla
Haiphong.
Paria
Sensiz
B
Pamping
<tner
Boncinia
Pepeng
Tabe
Reaga
Zorion Lodos
Selgoo
Sab Freeciaco
The Tokyo Vakbone Ter Sokol
Every description of Banking sad Exiangs business sexzonected. Lound grassed, ca appcond
Current
Lecourse opened in Imoal Caproniky and Fland Depotka rucnited for sosyor or shorter periods in Legal and Forviga. Curencias sa mens which will be quoted on application.
Safe Deposit Bones To Let
XAN TUNG TO.
Chief Mange.
THE YOKOHAMA SPECIE BANK
on application.
Trusteeship & Executorship under- taken. Safe Deposit Bazes for hire
PHILIP GOCKCHIN, Chief Manager.
SINGAPORE RAW RUBBER
LOCAL SHARE MARKET
TO-DAYS QUOTATIONS
NEMENTS
REY COMPANY,
Notice to Shareholders.
TOTICE IS HERESY GIVEN
ORDINARY YEARLY MEETING OF THIS COMPANY will be held at the Office of Messrs. Jardine, Matheson & Co., Ltd., on FRIDAY, The following was the list of the 5th February, 1997, at 111, Tocil sbare quotations issued for the purpose of receiving the to-day.
Report of the Directors together | with a Statement of Accounts forį the rear ended 31st December, 1936.
Banks
HE. Bank $1870 /19771⁄2 82. HK (Lon. Reg.) £116 n.. Chartered Bank $1691⁄2 n. Mercantile Bank and
22 Mercantile Bank C. #14% n Bank of East Asia $83 2.
Insurances
Canton Ins. $305 n. Union: Ina. $620 1. 625 LL Chins' Underwriters $1 m. HK. Fire iss. $300ŽÁ EL. International Assce. Sh. 13 m.
Shipping
Douglases $30 2.
E. Steamboats, 37,40 ́a. Indo-Chinas (Pref) 535 m. Indo-Chinas (Dež.) $36 1. Shells (Bearer) 135/- n. Union Waterboats $10% 2.
Docks, etc.
The REGISTER OF SHARES of the. Company will be CLOSED from FRIDAY, the 29th January, 1937, to FRIDAY, the 5th Februi ary, 1957, both days inclusive.
By Order of the Board of Directors.
F. H. CRAPNELL
Secretary. Hong Kong, 22nd January, 1997.
LOCAL DOLLAR STEADY
Silver Prices Steadier
The local dollar in steady, open-
and "forward" at 20%.
HE and K. Wharves $110 zaing on demand today at 1/2.
“Spot” silver was quoted at 20% H.K. and W. Docks 8141⁄2 b Providents (Old) $1.65 $1.65
6. $1.55/.55 3. Providents (New) 20 cbsn. New Engineering Sh.pk 2. Shanghal Docks Sh $90 11
Mining Kallan Mining Ad. 16/9 à ́ Raubs $12.85 m...
Venz. Goldfield $8 m.
Lands, Hotels, etc. HK. and S. Hotels $5% s*. HK. Lands $34/3434 62) HK. 4% Debentures $105 n Shanghai Lands Sh$16 1. Metropolitan Lands Sh.$10 n. Humphreys $93⁄4 b
ELK Realties $4.60 . Chinese Estates $76 n. China Realties Sh.$4 n. China Debentures Sh.$60 i
PHILIPPINE MINING
list was the Manufacturers'- Bank of China, with profits of $860,000. The Shanghai Commercial
and Antamoks Savings Bank reported a profit of Atoks $761,000, occupying fourth place in Baguio Gold the list.
Baiatoc Mining Benguet Consol. Other banks reporting profit in Benguet Explor cluded: the Yienyieh Commercial Big Wedge Bank, $548,800; the National Com Coco Grove mercial Bank, $546,600; the Che Consolidated Mines Cur-kiang Industrial Bank, $450,000: Demonstrations and the China State Bank, $444,- Gumaus Ged
E. Mindanao
500.
Ipe
Golds II. L Itogons... Masbate Consol. Min. Besources
Messrs. H. B. Joseph & Co., re- ceived the following quotations from Singapore in Straits rency for Raw Rubber:
Spot $5 b. Down 1-1/8. Feb/Mar. 35 b. Down 1-1/4 Apr/June 35% b. Down-1-1/4. July/Sept. 35% b. Down 1-1/4 Market: Easier tendency Down- wards.
£1,000,000 BUILDING CONTRACT
The London on New York cross- rate was quoted at £-U.S.24.90%, while the New York on London cross-rate was quoted at £ | UL.S.$4.90-3/16:
COMMODITY PRICES
"The following "quotations haveļ been received by Reuter--
Prev. Yesterday Closing Closing.
New York Cotton: March
September
12.44
12.46
May July
12.27
12.29
12.20
12:20
October
11.79
1181
December
11.783
11.81.
January
11762
11.79:
Spot
12.98
12.95
Closing
Rates Sales 10 a Local
New York Rubber: March
21.23
in Pesos CurrUARY
175
May
-2178
July
21.08
54
21.01
4. 1444
December
*20.95
-20,781
Chicago Wheat:
13
May
September
130 1137% 110
130 114 110
Chicago Corn:
September
111 10534 101%
Winnipeg Wheat:
May
122
-12234
July
118
October
1081%
July
1.55/.58 May
July
CANADIAN
PACIFIC
WORLD'S · GREATEST - TRAVEL · SYSTEM
EXPRESS of JAPAN EMPRESS of ASIA.
· EMPRESS of. CANADA EMPRESS of RUSSIA
Maintain a regular service to Vancouver - Empress of Japan and Empress of Canada sail via Honolulu and Empress of Asia and Empress of Russia VÍN) the direct express route. •
לי
Air Conditioned sleeping cars and observation cars on all Trans-Continental Trains.
COOL - QUIET
COMFORTABLE
Air is cleaned, dehumidified, constantly freshened and kept at a uniform temperature.
EMPRESS OF CANADA
SAILS FOR VANCOUVER via SHANGHAI JAPAN
& HONOLULU
AT NOON
TUESDAY, JANUARY 26th.
For Information Apply To Your Own Agent Or
Canadian Pacific
SPANS THE WORLD -
Tel. 20752
restaurant
-20.98 20.97 $20.92€ 20.85h
New York Share Market
Messrs. White, Weld & Com- pany, New York Correspondents for Messrs. S. E. Levy & Com- pany, report:—
BRITISH TRADE CHANGES
REDISTRIBUTION OF EMPLOYMENT
i Stocks. In view of the import- ance of railroad labour costs, it is not unnatural that would-be buyers of rail stocks are awaiting some
Some striking changes is the to indication of a solution
the distribution of employment in Bri wage rise demand. The
reasons tain during the last thirteen years previously given are accounting (from which may be inferred the for the strength of steels. We expansion or contraction of the like the look of oil shares at these country's industries) are shown in 109% levels for the long-term, although statistics recently issued by the 105% the strike situation continues to Ministry of Labour. The biggest 101% govern short-term outlook proportionate increase in employ generally. Except for steels, buy-ment since 1923, 70.1 per ers seem to be limiting their athas been in miscellaneous services. 117%tentions to low-priced speculations These include professional: ser- 108% and those stocks of investment cali vices, entertainments and sports,
bre which are least affected by the hotel, public-house, labour situation, especially farm boarding-house, club, etc, service, and electrical equipments. There and laundries, dyeing and dry is no sign of a solution of
the cleaning. At July 6, 1936, theme strike and this continues to be the were 891,840 persons employed in main consideration for the market this group. Next comes building
Northern Mining
Paracale Gumaus
Salacot Mining
07
LIMITED
Established 1880
Head Office: YOKOHAMA
Branches and Agencies at
The December issue of "Far
A £1,000,000 contract for Easter Review" has just beer published and contains a parties-construction of six 10,000
af steamers was recently placed larly interesting article Capital (fully paid-up) Yen.100,000,000 "Changing From Within," by the Clan Line with the Greenock Reserve Fund... Yen 130,909,000 former medical missionary who is Dockyard Co. It will provide a clase student of Far Eastern af-work in the shipyard alone for fairs."
1,200 men for two of three years.
Sen. Mauricio
3.35
NEW TRANSATLANTIC
the
Sayoc
Consol
54
ton
United Paracales
1.45
LINERS
Public Utilities
by
Alexandria
Bangkok
Batavia Berlin Bombay
Calcutta
Canton
Dairen (Dainy)
Moji
Nagasaki
Nagoya New York Osaka
Peiping
Fengtien (Makden) Hangoon
Hamburg
Hankow
Harbin
Hong Kons
Honoluir
Esinking
Karachi
Kobe
London
Manila
Los Angeles
Rio de Janeiro
San Francisco Seattle
Semarang
Shanghai
Singapore Sourabaya
Sydney
Tientsin
Tokyo
Tsingtan
Yingkow
Interest allowed for Current Ac- counts.
Deposits received for fixed periods at rates to be obtained on applica-
I. KANO,
Manager. Hong Kong, 13th November, 1985.
THE
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED Cincorporated in China)
. Capital paid up.. $6,000,000.
Eeserva
-$7500,000. Capital Savings Dept. $500,000. seres Bavings Dept.: $600,000.
Che "industrial -development on “Gabem and the fostering of her
commmerdal relations abroad.
**4. Queen's Rand Central Phone:31136
HONOURED
THROUGHOUT THE WORLD
American Express
Travelers Cheques
The safe and convenient means
of carrying travel funds.
THE AMERICAN EXPRESS CO., INC.
Incorporated with Limited Liability in USA.
4, Des Voeux Road, Central.
H.K. Tramways $12.60 n. Peak Trams (old) $51⁄2 2. Peak Trams (new) $21⁄4 n. Star Ferries $93 s. Yaumati Ferries $25 z. - China Light (Old) $13.55
$13.65 k
the
CUNARD-WHITE STAR PLANS as a whole, which sointion the main and contracting, with 1,308,840 body of investors are inclined to workers, a gain of 627 per cent.
Orders for two transatlantic lin-jawait before making new purchases. ers are to be placed by the Canard- We continue, however, to be opti- compared with July, 1923. Then comes transport, communication, At the mistic that a solution will even storage and distribution, with b., White Star Line soon.
C. Lights (New) $10.65 sa. HK. Electrics $5594 &. Macao Electrics $20 n.. Sandakan Lights $10 m. Telephores (Old) $291⁄4°n. Telephones (New) $10% sa China Buses Shi$111⁄4 1./ Singapore Tractions 27/- u. Singapore Pref. 27fi með
Industrials Cald., Macg. (OrL) Sh$19% n, Cald, Marg (Pret.) Sh$15 n. Canton Ices $2.05 m. Cements $11 n. H.K. Ropes 5231⁄2 1-
Stores, etc. Dairy Farms $2275 1. Watsons $41⁄2 1 Lane, Crawfords $63⁄41⁄2 1
Sinceres #21⁄2 1
Wine On (HK) $50 I
Ewo-Cottons Sh$154
Cotton Mills'
moment
2,946,490 workers, up 47A ̈ ̈per dore: --- 2,990,000 cent.
the company's technical tually be reached. experts are considering tenders.
Business
Fishing shows an advance The two vessels will cost appro shares.
of 44.1 per cent,, gas, water - and ximately £4,000,000 together. They
electricity supply 27.2 per cent, Wheat: Cash and mill interests national and local government 25.6 will be in the neighbourhood of 30,000 tons each, of the type of the have absorbed further speculative per cent, and commerce, banking, Georgie and the Britannic, but liquidation. The cash demand pic-insurance and finance 165 per with greater speed. From the ture is steadily hardening and cent. Manufacturing accounts for point of view of comfort and good four business is developing half the insured workpeople In the equipment they will be on a scale Total sales: 43,339,000 bushels. country, 6,188,690 out of a total comparable to the Queen Mary, Cotton: The cash market is at of 13,338,700. This group shows: but they are designed to appeal present quiet, but reports indicate the smallest proportionate in that mill-buyers' interest is grow crease, 8.3 per cent, but in this whom speed in crossing is not of ing as the date approaches for the group, of course, are included in peramount importance.
disposal of the Government loan dustries: which have greatly ex
panded and others which Eave cotton.
The greatly contracted. Copper: Some producers are be decrease is shown by lived to be over-sold and many ing and quarrying, where there consumers are still under-bought. is a fall of 23.6 per cent. to 998;
Rubber: We continue to expect 040. The total number of insure the trend: of the market to turned work-people increased by 195 well ayward when spprehension re-
more to the class of traveller to
REDUCING SHIPS LOSS OF SPEED IN BAD WEATHER
Investigations made by the Na- tional Physical Laboratory with a
sides.
view to minimising the loss ofgarding the labour situation site per cent over the period. Shanghai Cotton (Old) Sh.$85 time caused to shipping, by žad
weather have shown that atten- Flash: The Owen Illinois Glass Shanghai Cotton (New) Sh$60 tion to certain points in design Corporation show earnings of
Zoong Sings Sh$31 n Wing On Textiles Sh. $44 b 20% 27Miscellaneous Entertainments 343/1 1000 Constructions (Old) $1% =
Constractions. (New) 121⁄2 ctx
Vibro Piling 30% n
Ch. Govt. 5% 1925 G1Bds.
93%
BIF. IN 1937
Applications
will ensure better time-keeping $7.53 per share for the year ending for slow speed cargo ships. The December $1st last, as compared space at the 1937 British Indus "fallness" of the ship form should with earnings of $6.57 per abaretries Fair, which will be beid not be too great, and considerable for the previous year. The Cer-Landor and Birmingham - from cars should be taken to shape the poration has declared a quarterly February 18 to February 26, have bull so that the increase in resis- dividend of $1.50 per share.
tance due to rough water is as mall as possible. Suitable group
ing and shaping of deck erections
sad za engine in which the pres- sure in the cylinders can be va
PARIS BOURSE ORDER
Paris, To-day
already exceeded the final mot ments for 1986 An Itself n |year. Figures to the mi
November showed that at the don Fair (excluding
The Bourne will remain closed 562,587. square feet
HZ. Gort, 4% Loan 3% Premed considerably, or the revoluto-morrow and Saturday, January space had been applied
tions altered without any great 80 and every Saturday in Februas the final figures loss in efficiency are also imporary by order of the Minister of ponding sections
1461,615 square fest,
HE Gort 84% Loan 3% b. Wallace Harpers Sizi
Finance.Erazma-Ocean.