BANKS
HONG KONG AND SHANGHAI THE CHARTERED BANK OF
BANKING CORPORATION
Autherland Capital
...............$50,000,000)
Issed and Faily-Paid-up - 20,000,000
Reserve Funds....
Sterling ......£6,500,000
Hong Kong Currency
Reserve
......$10,000,000
Reserve- Liability of Pro-
prietors
. $20,000,000
HEAD OFFICE: HONG KONG,
BOARD OF DIRECTORS
Hon. Mr. J. J. Paterson.
Chairman.
G. Misicin Esc
Deputy Chairesan.
A. H. Compton, Esq-
Bon. Mr. & H. Dodwell,
M. T. Johnson, Esq,
1. E. Maason, Ess. Morrison, Esq
INDIA, AUSTRALIA & CHINA
Incorporatul in Hagi) Charter, 1908.
HEAD OFFICE: LONDON
Paid-up Capital-
|Reserve Fund
| Reserve "Lisbility of Pro-
prietors
£3,000,000 £3,000,000
Agencies and Branches:
Alor Star
Banglak
Extrachi
Bombay
Caloura
Canton
Inching
Cawagons Cabu Colombe Delhi
Madea New York
Paning
Harbin
Bangpon
Daigon
Батиль
Seratades
Shanghai
Singubatu
Sitiawan Sourabaya Taiping
(Bhuket)
Takposms. Zamboangs
Commerce and Finance
NEW ADVERTISEMENTS
HONG KONG STRAITS FREIGHT-CONFERENCE.
Foreign Skippers.
TOTICE is given that
New York Share Market Nm the the MARCE,
January 27, 1937.
Messrs. White, Weld & Company, New York Correspondents for Messrs. S. E. Levy &. Company, Refort:
LOCAL SHARE MARKET
and
1937, rates of freight from Hong Kong to Singapore, Penang, Port Swettenham (direct
via Singapore) will be increased 20% (over current rates.
Schedules showing" tariff rates! The following was the list of as from the 1st MARCH, 1937, share quotations issued are now in course of preparation
and will be issued shortly.
Stocks: The previous uncertain- ties with regard to rails have been local added to by the uncertainty re-to-day.
garding the extent of food damage as well as the effect on particular roads of the citrus fruit loss in California, these factors making
Banks H.K. Bank $1870 b.
EK (Lon. Reg.) £118 b. Chartered Bank 416 .
of
no
Mercantile Bank A. and B.
$234 #
I. Pearce, Esq
Farnico Eschange and Gussral Banking boss for weakness in this section A-L. Shields, Esq-
V. M. Grayburn, Esq.
HANGTOK
BOM
CAKTON
CULOMBO
POOCKATO
HAIPHONG
HAMBURG HANKOW KARBIN
PONGIZW
дод
JOHOLE
TOKE
KOWLOON
BRANCHES 2
- ZEALA LUMPUR
LOKDOK
LAXOME
MUAR (obona)
HOLDEX
NEW YORK
FELPING
PEXING MANGOON
SAIGON
SAN FRANCISCO
SHANGHAI
SINGAPORE
KOURARAKA
SENGER PATANI TREKSEK
TOLYO
TSINGTAO
TOKOHAMA
Current Losoole opaced and Pled Deposite
| cocuracy of Bettiah Income Tax omneyall, an
| Agensias and Zurekin.
A BREARLEY,
Hong Kong, 1st January, 1955.
THE CHINA & SOUTH SEA BANK, LIMITED
the market. There has been
HERT
200uired for coe year or shorter periods new development in utilities and which will be quoted as ngplankkima
The Back's Hand Ofas la Linden und no change in the statistical pod-| Arsenior and Trustee painum, and chimion of oils and coppers. The au- Hva syn monrmined as mitomobile strike situation is de
pressing motors and steels. We Mager fear a loss of buying power in the food sections where there are im- [portant customers, which accounts for the special weakness in Sears, Roebuck and Montgomery, Ward shares. There is at present no sign of a settlement of the auto- mobile strike in the very future, while the situation holds the possibility of getting worse before it improves. This, together with the tehnical position of the market, as well as the fact that the food has not reached the | peak and the fact that its effects on certain industries is stâl unknown. combine to make further moderate | recessions probable. · Our view that such recession will not be extreme is still unchanged, as well as our optimism regarding the eventual outcome of the labour situation.
(Incorporated in China) Head Office-Shanghai Capital
..$7,500,000.00 BASKYTE ........*. $1,600,000.00
Chine
Current descents opened in Lecs? Corretty and Branches-All Important Cities periods woal Corranty and
Fixed Deporte cosaïved for one year or abortse
which be read o say, facing m bac
AL30 vp, to sam KAYE DEPOSIT BONES. 11⁄2 Hong Kong, 24th February, 1995.
HONG KONG SAVINGS BANK
The Basis of the shove Dark in monimekuit the HONG KONG AND SHANGHAI BAXE. ING CORPORATOR. Runs may be mad
FOR THE HONG KONG AND SHANGHAI
V. M. GRAIBERX,
- SANKING CORPORATION.
Chief Manage. Hong Kong, 24th February, 1835.
THE BANK OF EAST-ASIA, LTD.
$10,000,000.00
Authorised Capital Padop Capiz Smerva and Undivided Frutiis maž 2,020,206.52
HEAD OFFICE:-HONG KONG. -1, Des Tour Bok, Central,
BOARD OF DIRECTORS:--
Bon. Sir Showson Chor, Chairman; 34 Kann
Chuc, Eng. F. L. Xock. Zan Toog T Trop. Eaq- Casa Ching Bhak, Ili Za
Wang Cha con, Zng, and Zai Zag
Pos Ing
Kan Thay Po. En Chief Manager. Life Fong Esq. Komput.
haway
BRANCHES AND AGENCIES ---
Manila
Santičn
Berky. Calestia Car
Rafphong
Elveblaku
Loba
Sewinan L-codon
Malboscone
Semarang
Swag
Zagradci
New In
Sagapena
Osaka
Surabaya
Puris
* Svend
Tmping
bydney
Prog
Kangoon
Preciska
Saigon
Tabeerret San Francisco
Every description of Banking and Exalongs! business reacted Jones granted on approved securitisa
Cerawat- Abwctha apsand in Lavon! CurnaMAY and Fixed Deposits źeosived for, nos que · Or aborter acids in Local and - Forsign, Dizzanalen on terms which will be quoted; on appilassic-
Sale Deposit Boz Te Letr
KAN TENG TO.
Zerwiga Kashangs and Gewal Banking [membukaan)]
Current and Suring Accouche oggend und Zized Deposite received out just of shore N° 20000 width will be gooted in spylimation.
HONG KONG BRANCH?
11, Queen's Road, Central, Manager's Othes
Foreign Enbange Degt, men Gerd ee sama Cashier's Of
THE WING ON BANK, LTD.
Head Office Hong Kong
26, Des Toers Road, Central Authorised Capital $10,000,000
LONDON BANKERS:-m Westminster Bank, Ltd.
Expectations that the Federal Reserve will soon announce an in- crease in reserve requirements are interpreted bullishly with regard to bank stocks. Yesterday's buy-: ing was general and. being unlist-į
Foreign Exchange and every des-jed, its volume cannot be determin- iption of banking business transact-fed, although it is estimated that it was three times the normal volume.
ed.
Current Accounts and Savings Ac- counts opened. Fixed Deposits re- cefved at rates which will be quoted on application.
Trusteeship & Executorship under taken Safe Deposit Boxes for hire
PHILIP GOCK CHIN, Chief Manager.
INDIA, LTD.
HEAD OFFICE: 15, Oxsoncherah kaset, London, 201 Authorised. Capital £3,000,000
Business
shares.
done: 2,170,000
Cotton: Differentials have been established in the Government loan cotton to equalise location, but the grade differences in low grades are higher than the current market
Mercantile Bank C. $14% I
Bank of East Asia $83 n.
Insurances
Canton Ins. $305 b. Union Ins. $620 b.
Chins Underwriters $1 n. HK Fire Ins. $3011⁄21⁄2 n.
JARDINE, MATHESON
& CO., LTD. Secretaries, Hong Kong/Straits
(Freight Conference, Hong Kong, 27th Jan. 1997.
LOCAL DOLLAR”
STEADY
i
International Assce. Sh. $34 Silver Prices Steadier
Shipping
Douglases $30 2.
HK. Steamboats $1.40 1. Indo-Chinas (Pref.): $55_n. Indo-Chinas (DEL) $36 m. Shells (Bearer). 185/7 Union Waterboats $10% n.
Docks, etc,
n.
HE. and X. Wharves $109 HK. and W. Docks $14.80 b..
$14% 32.
Providents (Qld) $1.60 m Providents (New) 20 ets. n. New Engineering Sh.$4 n.^ Shanghai Docks Sh.$90-z.
Mining
Kailan Mining Að 16/6 m. Bachs $12.85 1.
Vern Goldfeld $8 m.
Lands, Hotels, etc. FK. and S. Hotels $ HK. Lands $3434 b.
FK 4% Debentures $105 H Shanghai Lands Sh.$16 n. Metropolitan Lands Sh. $10 n. Humphreys $934 n. H.K. Realties $4% Chinese Estates $76 n. China Realies Sh.54 n. China Debentures Sh.360 #.
PHILIPPINE “MINING ·
Antamoks
Atoks Baguio Gold THE MERCANTILE BANK OF || differences, indicating that few low Exlator Mizing
grades will be sold and thus caus- | Benguet Consol. ļing a firmer tene. Loan cotton at Benguet Explor
BP Wedge |ports amounts to 757,000 bales and
Coco Grove this is the most likely outlet for Consolidated Mines export, but Liverpool advises that Demonstrations (there is very little demand for low-E Mindanao
grade loen cotton Ware-houses Gumaus· G'field
Ipe Gold in Memphis contain stored loanx. L cotton to the extent of 28,000 bales Itogons and this is liable to possible flood Masbate Consol damage. We would continue on Min. Resources the long-side, taking part in pro
Northern Mining fits on good advances.
Rubber: We think that the third quarter rubber quota of 85% is
Subscribed Capital ***** 1,800,000 Paid-up Capital ... 1,050,000 Reserve Fund & Pest .. 1,247,330
RANKENS: The Bank of Engl) à 153and Bank,. Zid-
BRANCHERS:
New York Penang
Fors Losle (Maartins) Bangone
Chief Masager.
Banglak Bombay
Colombo
Ipak
Kosa Lápis
King Lag Howish
Kemian (Faling) Singapore Madras.
THE YOKOHAMA SPECIE BANK G
LIMITED
Established 1880
Capital (fully paid-ap) Yen.100,000,000 Reserve Fund ...
HONG KONG BRANCH.
Every description of eBanking and Ember warranted by the consumption
Teorian and Ymwmienskips undertakes... INTREST Biomed en Garunt. Lowende and Yen.130,900,000 post at Enter that may be ascertained
fum applestio-
Head Office: YOKOKAMA
Branches and Agencies at
Alexandria
Bangkok
Batavia
Berlin
Bombay
Calcutta
Canton
Dairen (Dairy)
Moji
Nagasakc
Nagoya
New York
Ozaica
Padis
Pelping
|7, Queen's_Boat, Custest,
outlook and we would remain bul-: |lish, without following bulgas.
Corn: The United States Agricul- tural Attache at Buenos Aires sees indications of excellent Argentine leorn erop prospects.
Fengtien (Mukden) Rangoon,
Hamburg
Hankow
Harbin
Hong Kong
Honolulu
Hsinking
Rio de Janeiro
San Francisco Seattle
Semarang
Shanghai
Sings are Sourabays Sydney Mondain
TRAVEL
Karachi
Kobe
Lorian
Manila
Los Angeles
Thingtax
Yingkow
Interest allowed for Current Ac-|
count.
Deposits received for fixed periods at zates, to be obtained si applies-
T. KANO,
Hong Kong, 13th November, 1936:
“American
Express"
SHANGHAI COMMERCIAL & SAVINGS BANK SARITED:
Capital weld
World Wide Organization:
No. 4, Des Voeux Road, Central.
Paracale Gamans
|
The local dollar is steady, open- ing on demand yesterday at 1/2- {29/52.
"Spot" silver was quoted at 20- 7/16 and "forward” at 20.
The London on New York cross-
while the New York on London rate was quoted at £-U.S.$£903⁄4,
cross-rate was quoted at | U.S.34.90%%.
COMMODITY PRICES
The following quotations have been received by Beaters-
CANADIAN PACIFIC
WORLD'S - GREATEST • TRAVEL SYSTEM-
EXPRESS of JAPAN EXPRESS of ASIA
EMPRESS DE CANADA
EMPRESS of RUSSIA”
Mabstain a regular service to Vancouver Empress of Japan and Empress of Canada”, sai Honolulu and Euprem of Asix and Empres, of Russia the direct express route.
Air Conditioned-alegging cats and observation exes on
Trans-Continental Texing.
COOL QUIET
COMFORTABLE
Air is cleaned, dehumidifed, constantly freshened and kept at a uniform temperature.
EMPRESS OF JAPAN
SAILS FOR VANCOUVER via SHANGHAI JAPAN
& HONOLULU AT NOON
FEBRUARY
TUESDAY,
23rd.
For Information Apply To Your Own Agent Or
Canadian Pacific
:SPANS`THE WORLD
Tel: 28752
DAILY CROSS-WORD PUZZLE
This cross-word puzzle has been made by an exper but our readers are warned to look out for occasional phonetic speling, such as harbor, plow, and altho
16
Prev. Yesterday Closing Closing
New York Cotton: March
12.48
1267
May
12:35
12.41
July
12.19
12.27
October
11.73
1185
December
11.73
11.85
January
11.237
185
Spot
12.98
13.07
New York Rubber: March
21:15
21.424
Cincing
Estes
May Sales July
21.15
21:37
21.05
21625
21.032
27.92
2114a 2
| Chiengo Wheat;
May
128
128%
July
1133%
113%
September
109%
109%
Chicago Corn:
May
109
10954
July
10432
1045
165/63
September
100
100
45 146 147.
.69
Winnipeg Wheat:
May
122
12134
1184
118%
10834 1074
10 am. Local September
in Pesos Currency December ... 20.95
175
Salacot Mining San Mauricio Suyor Consol. United - Paracales
Public Utilities H.K. Tramways $12% sa. Peak Trams (old) $4 sa. Peak Trams (new) $2% z Star Ferries $93. s.. Yaumati Ferries $25 n. C. Lights (Old) $13.85 b.
32.
C. Lights New) $10.60 b. HK. Electrice $551⁄2 1. Macao Electries $20 m. Sandakan Lights: $10 n. Telephones (Old) $283⁄41⁄2 b. - Telephones (New) $10,40 n.
China Buses Sh.$113% ¤. Singapore Tractions 21/- n. Singapore Pref. 27/- n."
and
Min Industriais "Cald", "Macg." (Ord.) 22.8191⁄2 14 Cald, Macz (Pre£) Sh.$15 m. -Canton Ices $2,05 m.
Cemente $103% 1" -HK Ropes #21⁄2 n
Stores, etc..
Dairy Farms $227% 1 Watsons. $44 De
Lane, Czuwfneds $6% n. Sinceres $24
Wing On (ELI) 150, 1.
Cotton Mills
Ewo. Cottons Sh$15.70 sa. Shanghai Cotton" (Old) Sh.185 |
Shanghai, Cotton (New) Shą60-
Vibro Pili
Jaly October
BERLIN BOURSE
Berlin, To-day.
The favourable reaction in the capitals of Europe to the German and Italian replies to the British Note on Spain has had its effect on the Berlin stock exchange.
Stock put on the market by for eign holders because of the rise in price abroad for blocked marks, was readily absorbed, rises in the quotation amounting to as much as one per cent.
Buying by dealers, in anticipa-
*
HORIZONTAL 1-Fine" out 5-Enlighten. 5-Binging voice 10-Deface 13-Want
17-Remala 15.A dance
Wild (Boot-)
tion of greater interest by inves-Conjunction tom, was a feature of yesterday's trading.
German fixed interest securities were again fim, stock available on the market being smaller than for] some days past Trans-Ocean.
SINGAPORE RAW RUBBER
Mesars. H. B. Joseph & Co., re- ceived the following quotations |from Singapore in Straits · Car-
rency for Raw Rubber:
Spot 35-4 h. Up Feb/Mar. 85-%1⁄2 b. Up * Apr/Time 35 b. Up 2. July/Sept 36 h Up Market: Uncertais.
-
THE CATHEDRAL
(contr.)
addition
127
18
| HORIZONTAL (Cont.) | VERTICAL, 157-Snow vehicis
55-Behold
|S)-Small Hizard
jes-Letter of credit-
(abbr.)
63-digif an am
64-Very warm 65-Gain
-Drunkard
70-Preserves food 21-Tamuit 75-Agitate
5-Evidence |78-Hailan post
VERTICAL
*Troubles
S-Very 4–Apstrellas bird:
7-Not many o & Period of time
baped
54-Egyptian ord 55-Short-vered mentiff
|16-On the left side:
san Conference;
of the Cathedral Chum
Annual Meeting To Be To clect fidement
Held
Business to be done at ta izual church meeting of St. |Cathedral-st the Cažbe
at 6.30pm to-morrow, is on agende as follows: To elect Re
for the current finan receive from Catří for approval: (1) copy of the Electoral ökuls. Annual Report on its
reference.
the fabric, goods
sentatives to the Board of Trus- zunts of the Cathedral
tees of the Church of England in Avisual
the
the Diocese of Victoria; Repre-affairs of the sentatives to the Victoria, Dioce- md the Buden for 1987.
-Prefix. Good-
23-Short guitare.
18-