THE CHINA MAIL, JUNE 23, 1937.
NEW YORK STOCK
EXCHANGE
Labour Situation
Dominating
GERMAN FAR EAST
·BANK DIVIDEND
Increase Announced
Berlin, To-day. Com- Messrs. White, Weld and
The Board of Directors of the pany, reporting on yesterday's New Deutsche-Asiatische Bank met in York Stock Exchange dealings to Berlin yesterday for consideration S. E. Levy and Company, state:
of the annual report for 1936. We would purchase industrial îs-
At the shareholders' meeting, sues on recessions. With regard to the date of which will be announced coppers, the outlook continues to put later, it will be proposed that be- these amongst the most favoured sides the regular dividend on pre- group in 1937, with no - downward ference shares a dividend of 25 revision of the domestic price of Reichsmarks be declared on each the metal a near-term likelihood. ordinary share of a nominal value In view of to-day's unfavourable of $840 as against 181⁄2 reichsmarks foreign and domestic news, we con- the preceding year.-Trans-Ocean. sider that the action of the market was highly satisfactory.
We feel that the main point of the labour situation now is that the Administration, through official Washington statements and through inspired action by certain - State Governors, has in fact given open support to the Committee for In- dustrial Organisation and stands to lose face in the event of that or- ganisation losing its fight. John Lewis's tactics may cause such a defeat through alienation of pub- lic opinion. A strictly trading at- titude is still advised.
Dow-Jones reports that the South African Finance Minister says that the weight of evidence is definitely against any fall in the Gold price. Business done: 530,000 shares.
are
THE MERCANTILE BANK OF INDIA, LTD.
HEAD OFFICE:
15, Gracechurola Street, London, E.0.3.
.£9,000,000 Authorised Capital Subscribed Capital
1,800,000 1,050,000 Paid-up Capital
Reserve Fund & Rest BANKERS:*
The Bank of England & Midland
Bangkok
Bombay
Caloutta
Colombo
Delhi Galle
Hong Hoan Howrah
BRANCHES:
Ipoh Kandy
Karachi
Kota Bharu
Kuala Lipis
Kuala Trengganù
Kuala Lumpur
1,247,830
Bank, Ltd.
New York Penang Fort Louis (Mauritius) Bangoon Shanghai Simla
Kuantan (Pahang) Singapora Madras
HONG KONG BRANCH.
Every description of Banking and Exchange business transacted.
Travellers Choques" farned.
Trustee and Executorships undertaken. INTEREST allowed on Current Accounda and Fixed Deposits at Rates that may be ascertained on application.
D. BENSON,
Manager.
Cotton:--Advices from Waco Texas, say that boll-weevil is punc- turing the first squares of the plants and forecast serious damage to the 7, Queen's Road, Central, crop later in the season. Weevil reports are numerous in the South- ern half of the plants and forecast serious damage to the crop later in the season. Weevil reports numerous in the Southern half of the Eastern Belt. The map -is clear, but several weeks of clear, hot weather is needed to check the boll-weevil. The market is very sen- sitive to adverse crop. news.
Rubber:--Manufacturers' rubber inventories are low, suggest sizeable consumers' buying when the labour picture clears. think that the market is in a
to dition quickly to respond `favourable news. Meanwhile, would purchase on any further per- iods of easiness. ·
THE WING ON BANK. LTD.
Head Office: Hong Kong. 26, Des Voeux Road, Central. Authorised Capital $10,000,000
LONDON BANKERS:-
Westminster Bank, Ltd. Foreign Exchange and every des- crude cription of banking business transact- which ed.
Current Accounts and Savings Ac- We ceived at rates which will be quoted counts opened. Mixed Deposits re-
con-on application.
any
we
Trusteeship & Executorship under- taken. Safe Deposit Boxes for hire.
PHILIP GOCKCHIN, Chief Manager.
BANKS
THE CHARTERED BANK OE INDIA, AUSTRALIA & CHINA
Incorporated by Royal Charter, 1858,
HEAD OFFICE: LONDON
Paid-up Capital ......£3,000,000 Reserve Fund
£3,000,000
Reserve Liability of Pro-.
prietors
Agencies and Branches:
Amritsar Bangkok Batarin Bombay
BANKS S
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
Réserve
6,500,000
$10,000,000
$20,000,000
Reserve Liability of Pro
prietors
HEAD OFFICE: HONG KONG,
BOARD OF DIRECTORS.
G. Miskin, Esq.,
Chairman...
+
Hon. Mr. M. T. Johnson,
Deputy Chairman.
£3,000,000
Alor Star
·
Iloilo
Hangoon
Bobe
Torchi Klang
Salgon
Semarang
Seremban
Shanghai
Calcutta
Kuala Lumpur
Singapore
Canton
Kuching
Cawnpore
Madraa
Sitiawan Bourabaya
Cebu
Manila
Colombo Delhi Haiphong Hamburg Hankow
Medan
Tientsin
A. H. Compton, Esq.,
8. H. Dodwell, Esq. J. B. Masson, Esq.,
New York
Tongkah
Poiping
(Bhuket)
(Paking)
Tsingtao
Penang
Yokohama
Zamboangu
Harbin
Hong Kong
Foreign Exchange and General Banking business transacted.
Current Accounts opened and Fixed Deposits received for one year or shorter perioda at rates which will be
The Bank on application.
Executor
Office in London undertakes
and Trustee bakiznes, and claims of British Income Tax overpaid, on terms which may be ascertained at - any of its Agencies and Branches.
R. W. ROBERTS,
Manager.
Hong Kong, 1st January, 1985.
THE BANK OF EAST ASIA, LTD.
Authorised Capital ...$10,000,000,00 Paid-up Capital
.$5,598,600,00
Reserve and Undivided
Profits
.$ 2,776,726.76“
HEAD OFFICE :-HONG KONG. 10, Des Voeux Road, Central.
BOARD OF DIRECTORS:- Hon. Sir Shou-son Chow, Chairman; Li Koon Chun, Esq., P.-K. Kyak Esq. Wong Yua Tong, Esq., Chan Ching Bhek, Esq.. Li Lan Bang Esq. Wong Chu Bon, Esq. and Kan Ying Fo, Esq., Fung Fing Wah, Esq.
Amoy
Kan Tung-Po, Esq., Chlaf Manager. Li Two Fong, - Esg, Manager. -
BRANCHES AND AGENCIES..—
Batavia Bombay Calcutta Canton Haiphong Hankow Honolulu Kobe Kowloom London
Manila: Melbourne
Nagasaki
New York Ozals
Paiping
Fenang-
Rangoon
Saigon
Bar FranciSCO
Bestila
Semarang Bhanghai
Eingsporn Bourabaya
Swatow
Tientsin
Tekyo
Vancourai-
Yokohama
Every description of Banking and Exchange buzinosa transacted. · Loans granted on approved securitias,
sndi
Current Accounts opened in -Local -- Currency
Ode Fixed Deposite – received for -YEAR FOR. shorter periods in Loos and Foreign" Gurrencies on terms which will be quoted on application.
Safe Deposit Boxes To Let.
KAN TUNG PO,
Chiat Manager.
THE TAIKO0 DOCKYARD & ENGINEERING COMPANY
OF HONG KONG, LIMITED
BUILDERS OF ALL CLASSES OF SHIPS.
BUILDERS OF RECIPROCATING STEAM ENGINES,
BUILDERS OF MARINE AND LAND BOILERS.
BUILDERS OF TURBINE MACHINERY.
Under License From Messrs. Parsons..
BUILDERS OF DIESEL ENGINES.
Under Special License From Messrs. Sulzer Bros.
Licensed To Manufacture Lanz Perlit Iron, Specially Suitable
For Internal Combustion Engine Working Parts.
DOCK & SLIPWAYS
FOR DOCKING VERY LARGE, AS WELL AS SMALLER VESSELS, ON ANY TIDE
ALL CLASSES OF SHIP ENGINE AND BOILER REPAIRS AND EXTENSIVE WELDING, BOTH ELECTRICAL AND OXY-ACETYLENE, - SKILFULLY
PROMPTLY CARRIED OUT
Tel. Address :
Taikoodock,” Hong - Kong.
Telephone No. 30211.
Call Flag: “Numeral One,” over "Pennant Anns.”
AND
J. K. Bousfeld, Esq.,
K. 8. Morrison, Esq.,
Hon. Mr. J. J. Paterson, T. E. Faaron, Esq. A. L. Shield," Paq..
Sir Vandeleur M. Grayburn, Chief Manager.
AMOY
BANGKOK BATAVIA BOMBAY CALCUTTA CANTON CHEFOO COLOMBO DAIREN FOOCHOW HAIPHONG HAMBURG
HANKOW · HARBIN HONGKEW ILOILO IPOH JOHORE KOBE KOWLOON
BRANCHES -----
KUALA LUMPUR
LONDON! LYONS MALACCA
MUAR (Johora) HUNDEN NEW YORK
- MANILA,
FEIPING PENANG
KARGOON'
FRANCISCO
SHANGHAI SINGAPORE SOURABAY SUNGEI PATANI TIENTSIN TOKYO
TSINGTAO YOKOHAMA
Current Accounts opened in Local Currency and Fixed Deposita received for one year of shorter periods in Local Currency and Storling on tarma which will bo quoted on application.
ALSO up to date BAFE DEPOSIT BOXES in various sizes TO LET.
Hoang Hong bi Tính 12.
HONG KONG. SAVINGS BANK-
The Busine of the above Bank is conducted by the HONG KONG AND SHANGHAI BANK- ING CORFORATION. Bulas may -- bm - on application.
FOR THE HONG KONG" AND
BANKING CORPORATION.
V. M. GRAYBURN,
Chief
Hong Kong, lut March, 1987.
THE YOKOHAMA SPECIE BANK
LIMITED
Established 1880
Capital (fully paid-up) Yen.100,000,000 Reserve Fund
-Yen:132,650,000
Head Office: YOKOHAMA
Branches and Agencies
Alexandria
Bangkok
Batavia
Berlin
Bombay
Calcutta
Canton
Dairen (Dainy)
Fengtien (Mukden)
Hamburg
Hankow
Harbin
Hong Kong Honolulu Hainking Karachi
Kobe
London
Manila
Los Angeles
Moji
Nagasaki
Nagbya New York Osaks
Paris Peiping Kangoon
Rio de Janeir San Francisc
Seattle
Semarang.
Shanghar Singapore Sourabaya Sydney Tientsin
Tokyo Tsingtan
Yingkow
Interest "allowed for. Current As- counts.
Deposits received for fixed periods at rates to be obtained on applica- tions.
Y. KANO,
Hong Kong, 10th March, 1937.
THE
Manager.
SHANGHAI COMMERCIAL E SAVINGS BANK LIMITED.
(Incorporated in China).
-Capital paid up.
Reserves
Capital: Savings Dept.
£5,000,000/
Beserye Savings Dept. $600,000. Head-Office-Shanghai
k having as its mission striak development -'on
rcial relations “broad.
·thé
BUTTERFIELD & SWIRE, Agents
com
Que