THE CHINA MAIL, MARCH 9, 1937.
CHINA MERCHANTS
PROFITS
Operating Revenue Increased
JAPAN AND RAW MATERIALS
More Territory Is Needed
MACARONI FOR
HONG KONG.
An extensive industry in the pro- duction of macaroni, vermicelli, noodles and spaghetti is being de veloped in Canada with production Latest figures compiled by the China "If we had more territory, we would in 1935 amounting to 33,707,013 lbs. Merchants Steam Navigation Co. re be able to exploit and cultivate it ef-
Of this total nearly fige and a half real that the operating-revenue of the ficiently," a spokesman of the Gaimu-! company for the year 1986 shows an she said in the course of a statement million pounds were exported, the increase of $2,131,179.15 over, that of dealing with the forthcoming Geneva United Kingdom taking 4,161,504 the preceding year. Receipts from deliberations on raw materials..
Ibs., New Zealand-335,388 lbs, Japan freight account for an increase of Japan, the official emphasized, is 223,840 lbs., Hong Kong 186,752 and $1,670,995.56, the figures for this item usually classified as a "have-not na-a small quantity going to the United in 1936 and 1935 being, respectively, tion. The Japanese, he added, bave $6,840,247.56 and $5,169,252.00; while proved themselves capable of develop-States.
the passenger receipts of $2,014,719.78 ing the resources of the land they In the first nine months of 1936| for 1936 indicate an increase of $460,-owned. Japan's limited territory, he de-exports reached the total of 9,398,715 183.59 over the 1935 figure of $1,554,-clared, is too small to feed her teem-Ibs, so that figures for the year will 536.19.
ing population.
Total earnings for 1936, which in- The spokesman revealed that the Ja-be well over double the 1935 total. clude receipts from the operation of panese Government has no objection to
wharves and godowns and other re- the scceptance by Mr. Yasundo Sudo, COMMODITY PRICES
Prev. Yesterday
ceipts, besides the operating revenue, Commercial Secretary of the Japanese -is- $11,110,407.38, and represents an in- Embassy in Berlin, of his appointment
crease of $1,817,787.41 over the 1935 by the League of Nations as a mem- The following quotations have earnings of $9,292,619.97. Expendi-ber of the special committee on raw been received by Reuter:- tures for 1936 -remain comparatively materials which will open its deliber- the same as those for 1935, being, res-ations in Geneva on March 8. It was pectively, $9,555,618.54 and $9,155,817.- emphasized that Mr. Sudo, although 24. The net profit for 1936 is $952,- serving on the committee as its Jg-New York Cotton: 343.55, which exceeds that of $296,003.-|panese member, will do so in his pri- March 27 for 1935 by $656,340.28.
vate capacity.
May The spokesman said he could not July understand why Italy and Germany re- fused to be represented on the League's October
JAPAN SHIPPING GOLD
ex-
A "considerable part" of Japan's gold reserves of G.Y.555,275,000 will be shipped abroad next month for change into foreign currencies, Ja- panese Treasury officials have reveal- ed.
committee.
".
New York Rubber:
December Gaimusho officials believed that Mr. January Sudo will voice at the forthcoming dis- Spot cussions the view expressed by Mr. Hachiro Arita, former Foreign Minis- ter, in his speech before the Diet March January 21.
May July September
од
BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION Authorised Capital $50,000,000 Issued and Fully-Paid-up. 20,000,000 Reserve Funds—
Sterling Hong Kong Currency
*Reserve Reserve Liability of Pro-
prietors
£6,500,000
$10,000,000
$20,000,000
HEAD OFFICE: HONG KONG.
BOARD OF DIRECTORS. G. Miskin, Esq.,
Chairman.!!
M. T. Johnson, Esq., Deputy Chairman.
J. K. Bousfeld, Esq.,
K. S. Morrison, Esq.
A. EL. Compton, Esq., - Hon. Mr. J. J. Paterson,
Hoa. Mr. S. H. Dodwell, T. E Pearce, Esq.
J. E. Masson, Esq~ · A. L. Shields, Esq.
V. M. Grayburn, Esq., Chief Manager.
AMOX
BANGKOK
BATAVIA BOMBAY
CALCUTTA
CHEFOO COLOMBO
HAIPHONG HAMBURG
HONGEEW
BRANCHES
KUALA LUMPUR.
LONDOX
LYONS MALACCA MANILA
MUAR (Johor) MURDEN NEW YORK- FEIFING PENANG BANGOON SAIGON SAIGON
SAN FRANCISCO SHANGHAI
SINGAPORE
SOURABAZA SUNGET PATANI TIENTSIN
-TOYO
TSINGTAO
YOKOHAMA
Current Accounts opened in LocalCurrency and Fixed-Deposits received for, one year of shorter periods in Local Currency and Sterling on takana which will be quoted on application...
Closing
Closing
CANTON
14.02
13.86
DAIREN
13.60
13.46
13.44
13.28
13.05
12.85
HANKOW
HARBIN
12.97
12,81
ILOILO
13.00
12.85
ΠΡΟΣ
JOHORE
14.18
14.05
KOSE
KOWLOON
22.850
» 22.60n
23.07
2271
23.16
22.89
23.25
22.95
23.30
23.00
135/2
136
-117
114
118% 115%
108%
109
103%
10478
971/3
97%
Winnipeg Wheat:
May
1285%
1283
July
1243%
124%
October
113
113%
Statistics released by the Ministry December The exact amount to be shipped was of the Tientsin Customs, including
of Finance revealed that the revenue Chicago Wheat: not revealed, although it was admitted Lungkow and Weihaiwei, amounted to
May that further shipments of newly-mined $35,518,115, which showed gold will be made "whenever neces-
a decrease July
sary.”
of $5,570,895 as compared with the September The decision to ship the gold was Customs, including the Customs sta- May
revenue for 1935. The Chinwangtao Chicago Corn: reached at conferences between the tions along the Treasury and the Bank of Japan and
Great Wall, yielded
July As compared with the Yokohama Specie Bank
The gold will be deposited in foreign figure for 1935 this was a decrease of September
banks on the account of the Govern ment and will be exchanged for foreign currency by the Yokohama Specie Bank
$1,235,971
$192,339.
the
ALSO up to date SAFE" DEPOSIT BOXES in various sizes TO LET
Hong Kong, 1st March, 1997.
HONG KONG. SAVINGS BANK
The Business of the above Bank is conducted by the HONG KONG AND SHANGHAT BANK- ING CORFORATION. Rules may be obtained on applicatio.
FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manger.
Hong Kong, 1st March, 1937.
THE YOKOHAMA SPECIE BANK
LIMITED
Established 1880
An increasing volume of bills have Treasury officials predicted that the appeared on the London money market nation's gold reserves would be in-recently, covering the financing of creased by Y.200,000,000 before the business with China. This develop- Despite the widespread smuggling end of this year through increased ment is of particular interest, says the during last July, August and Septem- production of the precious metal Evening. Standard." China, as one ber the Customs revenue for the period The gold shipped abroad will appar- of the primary producers, is gaining from July 1 to December 31 in 1935 ently be used as a stabilization fund, from the rise in commodity prices; reached $190,0000,000, exceeding the Capital (fully paid-up) Yen 100,000,000 Yen 130,900,000 to maintain yen exchange at the rate also the country is showing much more estimated figure of $180,000,000 for
Reserve Fund stability.
the first half of the 25th fiscal year.
Head Office: YOKOHAMA
Branches and Agencies at
of is. 2d.
THE
AMERICAN EXPRESS COMPANY INC.
Incorporated with Limited Liability in USA
Head Office:-65, Broadway, New York.
Capital
Surplus
Reserves
Arvelendam
THE BANK OF EAST ASIA, LTD.
Authorised Capital
$10,000,000.00 Paid-up Capital
5,598,600.00 Eeserve and. Undivided Profita --$ 2,685,895.52
HEAD OFFICL-HONG KONG. 10, Des Vaux Road Central.
BOARD OF DIRECTORS
Bon. Sir Shon-som Chowy Chairman; Li Koon Chun, Esq., P. E. Krok, Esq. Tong, Eq, Chan Ching Shak, Esq., Sang, Esq., Wong Chun Son, Esq. and Kan King Pa, Esq.
Kan Tung Po, Esq., Chief Manager. Li Tre Fong, Esq., Manager.
BRANCHES AND AGENCERS
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA
Incorporated by Royal Charter, 1858.
HEAD OFFICE: LONDON
Agencies and Branches:
Alexandria Bangkok Batavia
Berlin
Bombay
Calcutta
Canton
Dairen (Dainy)
Fengtien (Mukden)
Hamburg
Hankow
Harbin
Hong Kong
Honolulu
Hsinking
Paid-up Capital
$3,000,000
Yem
Reserve. Fund
£3,000,000
Lan
Reserve Liability of Pro-
prietors
£3,000,000
U.S.$6,000,000.00 2,240,344.38 897,612.65
Alor Star
Πάλα
Amritest
Amoy
Mazila
Seattle
-Ipoh
Rangoon Brigon
Batavia
albot.as
Bombay Cricut Canton
Shanghai
Semarang
Bangkok
Samarang
Karachi
Batavis
Kiang
Kobe
York
Eingapore
Bombay
Koba
Calcutta
Kula Lampor
London
Osaka-
Sourabaya
Centon
Kuching
Manila
Glaszor
Hayansi Hesburg HETTO
Milan Nice Naples
Haiphong Banbow Honolulu
Paris
Peiping
Penang
Peiping
Botterdam
Koba Kowloon London
Cawnpore Cebu Colombo Delhi
Saizon
San Francisco
Vancouver
aiphong
Hankow
Masila Medan
New York Peiping
(Policing) Penang
Los Angeles
Tongksa
(Banket)
Tringtao
Tokohamna
Zamboanga
⇓ BRANCHES:-
Ľadzas
Moji Nagasaki
Nagoya
New York Osaka
Dtar
Paris Peiping
Rangoon
Rio de Janeiro
San Francisco
Seattle
Semarang
Shanghai Singapore Sourabaya Sydney Tientsin
Tokyo
Andwerg Athens
Beale Bezlin Bombay
Cairs
Calentta
Copenhagen
Edimba Floretice
Gesps
Liverpool Incemo Lugano
LALLOF Marseilles Monte Carlo
Munich Montreux
Shanghai Southampton Singapors
Vesion Yokohams Zurich
Branches, of · American Express Company in Principal cities of United States of America and Canada.
All classes of Commercial Banking Transactions undertaken.
Personal investment handled.
The Company offers to intending Travellers the use of its Travellers Chequee" and Letters of Credit and, addition, the world-wide services ghly equipped Travel
E W. DUGGAN,
Manager.
Every description of Banking and Exchange business transacted. Lom granted on approved securities:
Current Accounts opened in Local Currency and Fixed Deposita.. mosivad. for one your or shorter periods in Local and Foreign Currencies on terzis, which will ha
Safe Deposit Boxes ed on application.
KAN TUNG PO,
Chief Manager.
THE WING ON BANK, 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- cziption of banking business transact- Led
|
Current Accounts and Savings Ac comats opened. - Mixed Deposits, re- ceived at rates which will be quoted on application:
Trusteeship & Executorship-under- taken. Safe Deposit Boxes for hire.
#PHILIP÷GOCKCHIN,
Chief Manager.
Hong Kong
Foreign Exchange and General Banking business transacted.
Current Accounts opened and Fixed Deposits received for con year or shorter periods at rates which will be quoted on application.
The Bank's Head Office in Landen undertakes Excecutor and Trustee business, and recovery of British Income - Taz overpaid, terms which may be ascertained at any of; ita Agencies and Branches.
A BREARLEY,
Manage
Hong Kong, 1st January, 1935.
Wo Printing
PRICES
The Newspaper Enterprise d
*
Tsingtau
Yingkow
Interest allowed for Current Ae- counts.
Deposits received for fixed periods at rates to be obtained on applica tions.
Y. KANO,
Manager Hong Kong, 13th November, 1936
HE
SHANGHAI COMMERCIAL & -SAVINGS BANK LIMITED (Incorporated in China)
Capital paid-up---$5,000,000. Reserves
Capital Savings Dept Reserve Sa
AB
0,000.
$500,000. $600,000.
the
China
Hong Ko
Central:
Phone 31116.