Вир
12
DAILY SHARE QUOTATIONS
Hong Kong Stock Exchange
$1,880)
iii îi
$300
$812
Sharebrokers'
Association
Sellere
| Sales - | Nominal]
THURSDAY. DEC.. 31.
Ballora Bayes
Scie
!!!
-
Banks
H.K. Banks
N. 0. S. BarKU
***
2110
Bo. (London)
#181
Uhartered Banks ....
Mercantile Bks. "A"
Do.
$82
Bank of East Asia.... 184
**
***
Insurance
Canton fusar#1064..
Union Insurs11006 ..
Underwriters
70 ata.
China Fires ******
จา
141
F1
$300
$30
3740
$35
10/3
Shipping
H.K. Fires
13 International Assos, S.
Douglason
Steamboats an
Kudos (firef) ......................
Da (def.).
197/6 dheits $10)
244
Waterboate
Mining
Balatocs -
Gold River. N Gold Creek......
Kalians............. Langiata (single) B. Explorations....... Shanghai Lowns 8.
$13.10 Haubs 312.30
Venozarin Gold Fids.
Docks, WharVAS,
Godowns, eto
H.K.K, Wharver.
Do. (old)
(new) ***
Providents (old). $1.68
Do. (new)
1.K. & W. Dooks
8. China Motors ‘A'
Shanghai Dooks S. New Engiaverings8.
Hongkews ..... B. Lands, Hotels, and
Bul.dings
***
$107
Do.
31 70
120 at
冰牛
L
314.20
***
1 4 1 1 48
HONG KONG DAILY PRESS FRIDAY, JANUARY 1, 1937.
LOSING TRADE
IN INDIA
SERIOUS PROBLEM
FOR FUTURE
2
Political, social and industrial changes in India are having a profound effect on Britain's trade with that country.
LONDON EXCHANGE RATES
BANKS
HONG KONG AND SHANGHAI | THE CHARTEREDIBANK OF INDIA
BANKING CORPORATION
Issued & Fully” Paid-Up #20;000,000,
AUSTRALIA AND CHINA incorporated by Royal Charter, 1859
HEAD OFFICE: LONDON,
Reserve Liability of.
Proprietors ha
(Beltin Wirefom Servion)
Dec. 29,
Paris
103.9/64
Dec. 30... 105.8/64
Authorized Capital
...... $50,000,000
Geneva mulhereonasmanı
21.38
21.37
Berlin
12.21
13.20
Reserve Funds :-
Athens.
550
550
Sterling
£8,600,000
Paid-up Capital........
MUAD
93, 9/10
931
* Hong Kong Currency ~"
Copenhagen
22.40*
22.40
Reserve
Reserve Fund S..
$10,000,000
Stockholm
19.391
19:39
Shanghai
1/21
1/21
New York
4.91 9/10
4.00 15/16
$20,000,000-
*
In
Amsterdam
8.971
8.901
Vienna
201
261
Prague
140 5/16 Nom
1481
Head Offles!—HONG KONG
Board of Directors. Hon. Mr. J. J. Paterson,
G. Miskin, Eq
KLANG
KUALA
LUMPUN
Deputy Chairman. | CAWNPORN
KUCHING
A. H. Compton,” Lagu yan Hon. Mr. & H. Dodwell, Hon. Mr. M. 41. Johnson,
MADSAN
COLOMBO
-MANIK
DELI
MEDAN
Sir Thomas M. Ainscough, H.M. Bentor Trade Commissioner India and Ceylon, in his report for 1939-36, published recently, 814 states that "the serious limitation of the Indian market`as an out- let for oversea riporta dn account
0 of the rapid development of local secondary industries is likely to present serious problems for United Kingdoni trade in future." As result of the activity of the Indian cotton mills, local produc- tion of cloth increased during the year to the record figure of 9,671,- 000,000 yards, In consequence," imports were reduced to 946,000,- 000' yard, compared with 3,000,- 000,000 yards in 1919-14 and 1,466,- 000,000 yards in 1928-29
$108
$1.70
10 ste.
ફા
$80
$4
16
H.K: Hotels
18
$8.20 $6,10
H. Lande... 133
#105
Le. 4% Debentares
$10%
$10
Shanghai Lande...d.
810
14.00
$5
$4
$80
191
$70
$16.50
Ewo
386
S'ha Cotton(old £3.
160
131
Zoong Sings ......
137
Metropolitan Landa..
H.K. Healties arena China Do.............8. Do. Debenturos3. Humphrey audi Chinese Estates......
Cotton Mis
Do. (DOW)S
Wing On Textiles(8.)
Pablle Utili
Tramwaya ........ Peak Trams (ok) ........
Do (now)...]
14
$12!
TH
303
Star Ferries
$13813.50 18.40/ [GB
110,40
Yannati Ferrios. *** Chins Lights (old)... 13:40
Do (LOW)...
JAB
1561
ELK. Electrica
120
Macao do.
630
1301
$10
110.86
$2.05
$11
$21
3214
Date of
prem.
༄# 18:༐a༅ ཿ༔ བྷཌྜྷྱདཿ ཝཧཱུྃསྱ 1:ༀབྷཱུཏྲྰཾཤྲྰི་
$20
310.80
Saudakan Lights .... Telephones (old)
Do.
(new)
China Bares De
93 Tractions ..........
Do. (pret.)ed
Industrials Maishon Jugurs
$194 Caldbeck, er. Macgregors f(pref.18.
Canton Idea
Cementa
Kopenala
MiscellaneoTIS
Dairy Farms Amusement******
$3,40 Uk. Etainments...........
Constructions, (oidį}
|42pots.
Do. (new) (3 ate Lane Crawford.co Mackinwaha atasi Nanyang Tobacco...
Rinceres. Watsons.ro.pos
Win Powells
M. Greyhounds
8. C. Enterprise.
9317, UL.G. 621925G,9Bds.
K. Gort. 4% Loans
HE.
Wallace Harper......
B.K Wing
8'baj
Do
Vibro Piling
Height
Do.
**
$15,16
136
8192
Romua 288:
13.40/51
!!!:::
$1.70
#11 - $2,80
131 $1.70
+
$5.90
$4
1.
Madrid
Beer Boar Bombay
Montreal Brussels
Yokohama.
Belgrade Monte Video
Bucharest
Silver (forward) Silver (spot) War Loan
110 3/16
Nom,
1/2 15/16
1/6.5/32 4.903
4
a
Rosarve Liability of Prav
prietors
Agencies and Branchet --
ALOR STAR ILOÏte → BAIGOR
AMRITSAR POR
BAKOZOK KARACHI
BATAVIA
BOMBAY
* Chairman, 3 PALCUTTA
CANTON
J. R. Mason, Esq.,
K. S. Morrison, Esq...
T. E. Faros, Esq
A. L. Shields, Esq.
V. M. GRAYBURN, Esq.,
Amoy
Chief Manager.
Peiping Pendag Radgoon Saigon
110 3/14
1/2 15/10
1/6.5/32:
4.914
29.14
1/2-
29.13 1/1.27/32
213
213
307
391
#
STO
670
211
21 3/18
211
217
105 7/16
1051
*
Closing Quotations
Branchen:- Itoilo
Bangkok Ipoh
Batavia Jabore
18
December 31, 1936.
O NEW YORK :----
Bombay
Kobe
On LoRDON :——
Bank Bills, on demand 30)
Calcutta
Kowloon
Bank Bills, on demand 1/2 Credits four months'
sight
ON BATAVIA:
Credita, 60 days' night. 30}..
Canton
Kuala
Chefoo
On demand
Colombo
1/3 6/39
OX PARIS:-
Dairon
On Demand........... 102į.
Haiphong Manila
ON SAIGON :---
Hamburg Muar
On demand
847
Hankow
**.......... 38)
ON MANILA« —
11
Harbin
Un demand ..................................
60%
Hongkow
ON BAQIRI- Ou demand
1408
Current
I
H
BOYERALONS Bank Buying
Bate
Local Currency and Fixed Deposits
1/3
Bank, on demsad 817
BAR SILVER, par OL kam 218
Similarly, local production displacing imported fron and steel, India's purchases abroad having dropped from 1,170.000 tons 1935-36.
'CO-OPERATION NEEDED
The report adda::-
in
- Telegraphic Transfer...
ON SHANGHAI :~~
ON BINDAPOR!~~~
On' demand
On JAPAN A
"It is quite likely that within a very few years, India will be producing 900,000 tons of finished steel and will probably be supply- ing a large part of her require-O
ments.
*
"The only solution, from the point of view of the United King- dom steel Industry," is to follow a
On demand
riging
Telegraphic Transfer...
Bank Billa, on demand 651 Credits, & month's sight 677
polky of co-operation with the THE IMPERIAL AIRWAYS FLEET
Indian producers
to
regulate prices and to ensure that products, for which there is, a demand in India but which would not war- rant domestic production, should bow obtained from the United Kingdom."
The reduction in imports of cotton textiles, iron and steel and railway equipment, which have hitherto been the mainstays of United Kingdom trade with India may be onset by an expansion in other directions resulting from the rapid development of the country.
The resilience shown by imports of machinery, chemicals and transport vehicles is most marked. There has also been an astonish ing growth of demand for elec- trical appliances of all kinds, elnematograph filme, wireless and broadcasting equipment, telephone Installations. refrigerating and air-conditioning plants, and sppecialised equipment required for a rapidly growing industrial community.
י
CHANGED OUTLOOK "On all sides one sees a changed outlook towards commodities formerly regarded as luxuries, but which are now considered to be necessities for the enjoyment of a fulle the report adds.
76
Air-Liners In Operation Or
Construction
fact to be taken into consideration is that, since the devaluation of certain Continental currencies, there has been a 'notable increase In travel by the Imperial Airways routes.
Reckoning aircraft in operation, Itributed largely to the comfort of and new flying-boats and land- the big modem air-liner with its planes in construction, the Im-well-heated saloons and service of perial Airways fleet now numbers hot meals while in the air. Another 76 aircraft, the engine power of these machines representing a total of just over 170,000 horse-power.
"Centaurus," the third of the new fleet of Empire flying-boats. will be next to operate in the Mediterranean. "Canopus," the It may be mentioned that the first of the new fleet, is already in Company's London-Budapest route "Caledonia," | is running every week-day to each the Mediterranean.
direction this winter, instead of twice-weekly as was the case last winter: Three services a day are maintained in each direction be tween London and Farly. Increa- kingly popular, particularly with business men, is the "dinner ser, Vice" which nies every evening in each direction on the Parts route. SIXTY SPECIAL MOTOR-CRAFT TO BE PROVIDED A fleet of arty fost
the second of the flying-boats to be completed is to be employed initially on long-range test nights to obtain data for the Atlantic ser- ice. Another of the flying-bosts will also be detalled for a similar purpose.
"
The other units of the new ying-boat fleet will be completed. and put into service on different sections of the Empire routes, at intervals of less than a month.
In addition to these 28 flying- boats, which are being built for Imperial Airways by Messrs. Short Brothers (Rochester and Bedford) Limited, 12 large land-planes of a monoplane type are now under construction for the Company by brief, India is rapidly being drawn Sir W. G. Armstrong Whitworth into the world' economic system. Aircraft Limited. These monoplane and United Kingdom exporters air-liners are to be known as the must recognise that fact,"
"E" class, and the first will be given Most of the classes of imports the name of "Ensign." affected by these developments
San Fran-
cisco
Lumpur Shanghai London Singapore Sourabaya
Lyons
Foochow Malacca Sungai
Patani Tientsia (Johore) Tokyo Mukden Taingtao New York Yokohama
Accounts opened in
HAIPHONG НАМВИВО HANKÓW.
HARDIN
NEW YORK
PRIPING
SAMARANG
SEREMPAN
SHANGHAI
BINGAPORE
SETIAWAN
NOURABAYA TAIPING
TORGWAR
Bhaker)
TULKOTÁO
YOKOHAMA TE
"(Peking) KaMBOANGA PENANG
TONG TONG BANGOON
FOREIGN EXCHANGE and General .... Banking Business transacted, **.
CURRENT ACCOUnts opened and | Fixso "Derogirs received for · On? Year of shorter periods së rates which will be quoted on applicá.
-tion.
The Bank's Head Ofos in Lon don undertakes Executor & Trustee | business,” and - claims recovery of British Income Tax overpaid, on terms which may be ascertained að any of the Agencies and Branches.
A. BREARLEY,
Manager.)
THE CHASE BANK
received for one year or shorter 14, QUEEN'S BOAD CENTRAL
periods in Local Currency and Storting on terms which will be
quoted on application.
Also up to date Safe Deposit Boxes in various sizes To Let Hong Kong, 1st Nov., 1936.
HONG KONG SAVINGS BANK
THE Business of the above Bank is conducted by the & SHANGHAI HONG KONG BANKING CORPORATION, Rules may be obtained on application,
For the Hong Kong & SHANGHAI
BANKING CORPORATION, TE
Y. M. GRAYBURN,
• Ohief Manager. Hong Kong, th February, 1936.
THE AMERICAN EXPRESS
INC.
Incorporins with Eimillad Liability in Q.BA.
HEAD OFFICE:
18, PE STREET,
NEW YORK
An American Bank offering com
plete Foreign Banking Borris In the principal Markets of the world. "P-NA Interest Rates on Application,
SAFE DEPOSIT BOXES
This Bank is entirely owned by THE CHASE NATIONAL BANK, NEW Your, with Resourom over U.S. $2,027,000,000.00
D. M. BIGGAR,
-Manager.
THE YOKOHAMA - SPECIE BANK
LIMITED
Capital
paid up) (fully MAN Yen 100,000,000.00 "Reserve Fund .... Yen 130,900,000.00
HEAD OFFICE:-YOKOHAMA
BRANCHES AND AGENCIES AT: Head Office: 66 BROADWAY, NEW YORK
Alexandria Honolulu -Rangoor. .............0.9.18,000,000.00 Bangkok Hanking Rio do
U.S.82,240,344.38 Batavia Karachi #ageiro U.8.8.897,612.6 | Berlin Kobe Sua '.
Francisco Calcutta Los Angeles Seattle
London
Manila Bemarang
Canton Dairan Moji
Shanghai
(Dalny) Nagasaki Singapore. Fangtien Nagoya Sourabaya (Makden) New York Sydney--
Capital Surplus... Reserves...... Amsterdam The Hague Montroux Bombay Antwerp
Hamburg Munich Athens
Havana Naples Basle Havre
Nice Heidelberg Paris Intertaken Peiping Jerusalem Piraeus Liverpool Rome London Rotterdam Lucerne Shanghai Lugano Singapore Colombo
Southampton Copenhagen Lio Dublin Manila Tientsid Edinburgh Marseilles Venice Florence Milan Vienn
Monte Genera
Yokohama t Genoa
Carlo Zurich Montreal Glasgow
ist motür-boats have been ordered to act as marine Berlin tenders to the big new flying-boats Bombay on the Empire air routes. These Brussels new motor-craft will be specially Cairo equipped for use in harbours, or on Calcutta lakes or tropical rivers. Two types Cannes are being constructed. One will be known as the "control" type, and the other as the "auxiliary" type.
Thirty boats of the "control" type
are now under construction by the British Power-Boat Company
Several of these monoplane air-Hythe. These "control boats will are those in which United Kinginers will be used on the Imperial have the task of superintending all dom manufacturers already hold Airways Continental routes. Others the movements of the aircraft at a large share and are keeping will be put into service on the their marine alighting-points. The abreast of market requirement. main Empire Unes Weighing when boats will be fitted with wireless Sir Thomas recognises, however, fully-loaded approximately 20 tons, transmitting and receivingTM sets, that until there is a lowering of the air-liners of the class will and also with a visual signalling $103 the tariff and a considerable rise have a pay-load capacity of from equipment, and with powerful
in purchasing power any material improvement in the import trade will be impossible,
$108
$52
361
244
*Sales to Shanghai
***Height,
REVISTER.
EXTRA MANILA CLOSING QUOTATIONS
Hong Kong, Dec. 31 Extra Manila closing quotations agures kindly supplied by Messrs. Els & Edgar.
an hour.
As equipped for use on European services, these "E" class aircraft
...
3 to 6 tons Their four engines searchlights. They will keep in will develop a total of just over touch with approaching flying 3,000 horse-power, and the air-boats by wireless, and will guide liners will be able to reach a speed the aircraft to their lighting In the neighbourhood of 200 miles points: In the case or night descents the searchlights of the motor-boats will be used to flood- light the landing area.
The motor-craft will also be used to transport passengers, mails, and freight to and from between the fircraft and the shore. Ajee.
Each boat will be 37 feet 6 inches long, with a beam of 8 feet 8 inches. The crew will be housed in a for- ward control-cabin, and behind this will be a spacious cabin and a large cockpit which will provide sccommodation for 20 passengers. together with mails and freight." THE AFRØDHOME VÍSITOR'S
will carry up to 42 passengers in four large, luxuriously-appointed saloons. The passenger saloons will be scientifically ventliated and heated, and, owing to their position away from the engines, and the sound-deadening materials used in their construction, these saloons will be rendered almost completely 0425 noiseless when the air-jmera are in 37 flight. The crew of the new mono- ..19 18 plane air-liners will comprises 241 25 Captain, First Omcer, Wireless
22 BOOK.
Hamborg Osaka
Hankow Otai
Harbin Paria
Hong KongPeiping
Tientsin
Tokyo
Tsingtao
Yinkoy
Intereas allowed on Current ̈Âc- counts.
Deposits received for Fixed Periods at rates to be obtained on application.
Y. KANG,
Manager.
Branches of American Express Hong Kong. 18th Nov., 1930. Company in Principal Cities of 257 United States of America and Canada,
All classes of Commercial Bank- ing Transactions undertaken.
Personal investment accounte handled.
The Company offers to intending travellers the use of its "novelers and Letters of Credit Uheques and, in addition the world wide services of its thoroughly equipped Travel Department.
C. H. BENSON,
General Manager.
pressive comment: "A simply won derful journey." A doctor's pithy description of air travel was: "It's better than a Rolls! 4 family party, after their aerial passage over the Timor Sea, wrote: "A com- fortable, speedy crossing."
BANK OF EAST ASIA, LAITTED.
Authorised Capital ...$10,000,000.00 Paid-up Capital 5668,900.cặ Beserve dad Undivided
Profits
9,098,295.89
Head Orflow-Hong Kera No. 10, Dei Vœux' Road, Central
Board of Directors 5'
Bir Shonson Chow, Chairman Li Koon Chun, Esq. Lá Lan Bang, Esq. P. K. Kwok, keq. WongChußon, Esq. Wong YunTong, Esq. Kan Ying Pu, Esq. Chan Ching Shoki Esq.
Kan Tong Fo Baj, Chief Manager. Li The Foug, Esp, Managora
Agencias
me
·Branches and
collons (Pinang Paburaya
Folde
CIVIL, AVIATION IN CANADA During a recent period of twelve
Bombay Manila months the Survey Division; of
Dalcotin Mallourne, San Fran. Canadian Airways photographed Classement ferr
Hilcheng - New York. Amikle approximately 13,000 square miles | Harlow
Наподія
The visitor's book at the Port of territory. More than 2,000 miles
17 designed kitchen equipment, and Darwin nir-pork, Australia, now were photographed for the Geolo
HONG KONG TIN T
HONGKONG METEOROLOGICAL
From January 1, to 7, 1837.
HIGH WATER.
LOW WATER.
Hong
Hong
Hong Kung Unservatory, Doo, 31.
Previous On Data On Data
Day
at step.m. 10a.m.
Gumaus Gold Consol, Mines
East Mindanao
8.12. 10.
321 32 .041 39
p.m.
Kong
Коль
Equitable
gStandard
Standard
Barometer... 19.95 80,01
1994
Gold Creek
Time.
Time
Temperature
Fri.
1
h. m.
13164 8 2365 09
tto.
thin. Wind
Humility. મા
Direction 110
9.
68
63.
100 Gold
27
79
76
Mineral Resources
.42
.40
27 Operator, and two Stewards."-- Each
machine will have a specially
Force.
Bat.
b, mi 08 18
B 17 15
Weather 06 52
Rain. 1808 38
Universal Expl 0720 20
Highest open-air Temperature, 8 Marsman 1908 Lowest open air Temperature, 31-621
Dayaka Cocograve 36 29 00:18 32 Drimle
Mother Lode
.101.
N
NNE
Paracale Gold
34
34
Balacot
.06
051
0
Sta Rosa.
.07 .301 110.00 115.00
001
281281 1.10
1.00
30
31
.12
12
Is the incressing volume of passen
:10}
Thur.
0004
00 26
Showers;
246
AS
This already exceeds the figures of
24
any previous winter, and is at
B-Blue sky; 0=Cloudy; Ú- Mambulao,
Fog Lightning; North Mindanao Overorak; PPaming Syndicate Invest. Squall;"; B-Bain Development Inc.
T-Taunde)
M-Mist
Tinago
Pulplog
saking
approved
De
the stewards will be able to provide contains some interesting com-gical Survey branch of the Depart Every description of | a full:service of meals and refreshments on the impressions of ment of Mines. Among the prob- and Exchange business transacted.
ments while in the air
passengers who have been dying lems solved by air) photography | Loana" "granted" on INCREASE IN THE VOLUME OF over the Empire route to and from were the best positions for erection securities:
Current Accounts PASSENGER TRAFFIC | Australia. A London business man, of power-stations and electric tow- A remarkable feature of the fly-for example, after an air voyage ers: A considerable amount of the Local Currency and ing this winter or the air routes through from England to Australia, photography carried out was in peits received for one year or shorter periode" in "Local, and between London and the Continent wrote in the book recently: "It has connection with forestry and the Foreign Currencies on tartunt which
been a most enjoyable trip." A study of various types of timber, will be quoted on application.
Rafe. Usposit Boxes To Let ger: traffic which is forthcoming Melbourne merchant after com- Large areas of untapped territory 11
KANTONG PO pleting a flight to Australia from were photographed in the north-
Ohief Manages Europe," wrote the brief but 'ex- - \_west.