1936-01-08 — Page 8

THE CHINA HII

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital

$50,000,000

Ized and Fully Paid-up. 20,000,000! Reserve Fundam

Sterling ..................£ 5,500,000

Silver

$10,000,000

Reserve Liability of Pro

prietors

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA, Iscorporated-by-Royal Charter, 1858. HEAD OFFICE: LONDON

Paid-up Capital

Reserve Find.

„£3,000,000

$3,000,000.

Reserve Liability - of Pro-

US. SILVER POLICY

$20,000,000

prietors

£3,000,000

Alor Star

Agencies and Branches:

Haugoms

||Amritsar

Bangkok

Karachi

Seraben

Shochai

ECIAL OFFICE: HONG KONG.

BOARD OF DIRECTORS.

1 E Dodwell, King.

· Chairman.

Batwin

Bombar

C... Inight, Bag

Doperty Chatroon

Hon. Mr. W. E.Ball

Hon. Mr. J. I. Paterson Cobu A. Compton Esq, T. E. Pearce Esq.,

Mt. Johnson Esq., J.A. Plummer ESC G. Miskin Esq, A. L. Shields Esq.

T. M. Graybura, Esq · Chief MORE...

BANGKOK

POOCHOW EMPHONO FANNING

HANKOT

MARKES HONGFEW

Todo

IPLE

JOHOEE

FOSE

KOTSLOOK

BRANCHES

KUALA LUMPTE

LONDON

·ZTONS

MALACCA MANILA

CAR-Johor)

KUZDEN

KEY TURK

PELLING

AVENTING

BANDOON

SAIGON

SAN FRANCISCO

SHANGHAI

SINGAPORE

SOURABAYA

SUNGEI PATANT; PENTSIN

TO

TSINGTAO

TOKORAMA

Carm. Inte opened in Loni Cursory and Fixed Deposita recuered for?ana Veer of shorter perioda in Lomi Currency wod Sterling

a bar which wil-kun queced ng application. £130 op to date 'SAFE DEPOSIT BOXES laraciousine TO LET

Hong Kong, November, 1995.

---HONG KONG-SAVINGS BANK

The Business of the above Back à condocs- ed by t

the HONG KONG AND SHANGHAI BANKING CORPORATION.

By may be

KONG AND SHANGHAI

FOR THE ́É MANTING CORPORATION.

Singapore Bitewwa Sooralys wiping Fiestam

Chicati

Cantos

Caupote

Rocking ¿Madras

Dall

Colombo

Kadan

Toorts

Haiphong

Saw Jock

Flanky

Peking)

HAR

(Bhuba

Jobohama Zamboangs

“FIXED TRUSTS

ommerce and IN BRITAIN

Special Agreement With Mexico

Washington, To-day.

the Observers believe that aforementioned silver agreement with Mexico provides for the ex- change of American gold for Mexican silver and the establish- ment of a Mexican silver and gold |reserve-system. It is expected Canvas N · opened and Plied Deposit that the Treasury will continue ans your or shorter pensate to buy the entire Mexican silver A. BRKABLET, output, presumably on the basis Manager of ́s prearranged price formula.-

Renter

Hong Song

Forsign, Bhashanga and General Busking business

zacw.već dar which will be quoted on spplication,

Hong Kong, ist January, 1935.

THE

AMERICAN EXPRESS COMPANY | ING..

Head Office: 65, Broadway, New York

Capital

·Sarpins *******

Reserver.***

Amsterdam Setwor

· A shana.

مسجلاد

‚„U_S.$6,000,000.00

2,183,633.06 870,731.05

BRANCHES:

Grab Glasgo

Haraburg

The Hague 2 Napion

Pari Zaping Palermo Kortadan Boe Szanghei Southampton Singapore

Harro -Beadalbay Interface Sorsaandam Loading Liverpoo

Meria

Bombay

Brunonin

Caro

Calcu

Commen

Colombo

Lights

Chaal Manager.

Eng Kong. Sià Fabenary, 1995,

Coper.bage. Dabiln Fenburg's Pozem GXWE

Marse

Alonte Carlo

Manzie

Munich

Yokama Zarch

Mor

V. 1. GRAYBURN,

THE BANK OF EAST ASIA, LTD.

“Katherland" "Kaprost Pad-op · Capata

$70,DUQ,080.03.

- 8~5,481,800,00

Branches of American Express

and Codivided Proste 280,000.30) Company in Principal cities of United

HEAD OFFICE:--BONG KONG.

10. Des Taut Band, Cautini

BOARD OF DIRECTORS:-

bir Chou-nom Chow, Chairman.

La Boon Chan, E. P. Kwok Eag. Forg Yes Tong, Esq. Chan Ching Shark Bay I

Sang, Baq.. Wong Chu Soc. Zag, and Han Ying

Kan Tang Pa, Dog, Crial Managne.. -Le 1s Foot

Batavia

FRANCIES AND AGENCIES:-

Sambay Cainta

Faspborg Barko Honolulu

Lobs

Kowin

London.

Mania

Melbourne

Nagamki

New York

Zank

Priping

Pracy

- Kangoon

San Francisco

Seattle

Semarang

Shangbar

wegspors

ZIZON

Sydney Cainoky

مرند

scouter Jakobama

Eney description"" of "Boniting and Boshangu Jostain trionacted. Losne grunted on Approved RECIATIZADOR.

Correct Accounts opened in Local

Camancy mad Fixed Depowta inowrved for oss 70 DE akorter perioda in Local and Forean Curuncies a terzis waich will be quoted on application

Sata Depoxia, Boxes To Let

TONG POTM

Chief Manage

States of America and Cásada

All classes of Commercial Banking Transactions undertaken.

LOCAL DOLLAR

STEADY

"Spot" Silver Rises

The local dollar is steady, open-: ing demand this morning at 1/5 d.

**

"Spot" silver advanced 1⁄4i, be- |ing quoted at 20%.

The London on New York cross- rate was steady st £--US$£32%, while the New York on London cross-rate was steady at £-US.- 34:93%-

BRITISH TREASURY

RETURNS

Revenue Still Rising

London, To-day.

Exchequer returns show that

Fersonal investment accounts hand the total ordinary revenge, exclud- lod."

ing self-balancing items, amounts to 5449,253,056, as compared with The Company offers to intending £430,567,802. at the corresponding Traveliers the use of its travellerste of last year. Cheques au démézs 0. Grauit.

in addition, the world-wide services The total ordinary expenditure,

of its thoroughly equipped Tzard exclusive of self-balancing items, Department.

C. EL BENSON,

General Manager.

THE CHINA & SOUTH SEA BANK,

MATED

(Incorporated in China) Head Office Shanghai

$7,500,000.00

$1,500,000.00

Capital Beserve Branches-All Important Cities in

China

Forsiga. Zarinage, und Ganseni. Busking. Businges

THE YOKOHAMA SPECIE BANK Curent and Sering decounts opsand and Plast

11.IED

Established 1880

Capital (full paid-up) Yer..100,000,000 Eeserve Fund- Xem: 127,450,000||

Head Office: TOKOHAMA

Branches and Agencies at

Lingoys

Batavia

Berlin

Bombay

Canton

Dairen (Dalny)

New York

Oxaka

Peiping

Rangoon

San-Francisco

Fergien (Makden) Rio de Janeiro

Hamburg

Hazkow

Harbin

Hong Kong

Honolulu

Hinking

Karachi

Kabe

London

Los Angeles

Manila

Moji

Seattle Semarang Shanghai Singapore Sourabaya Sydney Tientsin Tokyo

Tsingtau

Yingkow

Interest allowed for Current Ac-] _Ol.comtats...

Deposits received for fixed periods at zates to be obtained on application.

C.“ KISHINAMI,

Manager. Hong Kong, 12th September, 1985,

POPEYE

111EAR MR. SPHI

INDIANS

MY DE

OR POOEY PROM

Depcalm caosived·lar onu yme, sk. alochs/gaziende at Tatou which will be quoted on appkostice.....

SOC ZI CHÁSG,

ļis £567,056,866, as against £544,- $38,030 at the corresponding date of 1935--British Wireless Service.

THE MERCANTILE BANK OF INDIA, LTD.

ERAD OFFICE :

3. Gracechurch Street, London, ECA

Authorised Capital 23,000,000 Subscribed Capital 1,800,000 --Paid-up Capital ... ~1,050,000- Reserve Fund & Best. 1247,830

BAXZKES

The Bank of England & Midland Back, T

BRANCES;

My Bangkok

• Manager. HONG KONG BRANCH: *. Des Toruz Bond, "Comical.

Kandy

„Mazague's "Offlin

Delhi

P-3500

Geral Ofinr

Foreign Exchange Dept.,

Cars for

THE WING ON BANK,

Head Office: Hong Kong. 26; Des Voeur Road Central Authorized Capital: $10,000,000 LONDON BANKERS!— Westminster Bank Ltd. Foreign Exchange and every des- | cripton of banking business transact-

ed.

Current Accounts and Sayings- Ac- counts opened. Fixed Deposita ceived at rates which will be quoted) on application

Trusteeship & Executorship under- taken. Safe Deposit Boxes for him. PHILIP GOCTCHEN Chief Manager.

QUALITY PRINTING

"Scalping's Out Of Date!

"PAR: TEL GO HAVE A TALK)

THE

New Lock Penang

Loga Bhare

(Mauritius)

Foaia Lemper Shanghai „Konoton (Fatung) Samnik, Kaima... Singapore

HONG KONG BRANCH Zwy description of -Banking and Exchange

framailem. "Manqume”"Immand.? pizzusten and Bracuseships undertaken.

DYEREST__„licared_on: Cuervat_Anapundu_mod

2. KÁDNEDY,

|co/application..

*** Queen' Bood-Central.

MNTER,

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in Chiza)

Capital paid up **$5,000,000. Reserves

377-300,000 Capital Savings Dept. $500,000 Reserve Sekings Dept. – $600,000. 252 Head-Office-Shiaphal “A”Bank», having as its mission the.... industrial" "development zon Chim, and the fostering of her nercial relations abroad."

Hong Kong Office

6, Quicen's Bond” Central

·Phone21116.

WARS ARE SPLY, VISTEN) „CHEF A SOLJER HAS BOSZES:MUCH RIGHT TO NEAS A KINGOR: KCREEF HAS

UGAL)

Finance.

SHARE MARKE

Banks H.K. Bank $1305 3, $1,500 sa EK Bank (London) 597 1. Chartered Bank £15 1. Mercantile Bank - A. and

Mercantile. Bank C, #31⁄4 ¤ Bank of East Asia $76 2.

Insurances

Proposed Legislation Welcomed

London, Today.

NEW YORK STOCK

shares

MARKET

Firm Attitude Displayed

USTRIALS AND RAHS

IN THE LEAD

BERLIN SHARE MARKET

QUIET AGAIN PREVAILS

"CHINA MAIL * SPECIAL

Berlin, To-day-*

The share market was again: quiet yesterday, despite the satis-

-A committee representing the managers of a number of “*Fixed TO-DAY'S QUOTATIONS Trusts has issued a statement! Mears White. Weld and Com-faction prevailing at the over- with reference to the report of pany. New York Correspondents subscription of the new Prussian The following s

is the list of local the Stock Exchange

Sub for Messrs. S. E. Levy and Com conversion bonds and the favour- share quotations issued to-day:— Committee

on the Fixed Trust pany, report:—

able prospects movement, published at the end Stocks:

thas opened for The markets to-day the issue this month of the 4 of last week's statement, which were firm, with industrial and rail- per cent. German Railway Trea welcomes the investigation con-road issues leading the advance. sury bonds. ducted by the Stock Exchange Utility issues were also in demanding orders for shares is partly The lack of buy- Committee, and notes with satis-Our opinion is that sentiment will explained by the desire of many B. faction the testimony paid by the remain bullish and we would reinvestors to secure part of the

treport to the genuite public de commend purchases on any weak-new bond issue. Imand the movement is satisfy-ness Business done: 3.080,000 Fixed interest securities were-

ing

Hikewise quiet and Recognising the need for pro-

the, "price "Cotton There was some selling changes were small. Call: money tection of the movement against on the theory, that the Government was at 2 to 25 per cent.Trans- abuse in the hands of undesir-I be forced to sell spot cotton.] Ocean Service. sble promoters, the statement but the best opinion indicates that] announces the formation of the Government will hold on to its properly constituted Association cotton. Sentiment is bearish re- of Fixed Trust Managers, whichgarding ne will co-operate with the Trust in

*Rubber approach to the Board of Trade,

impressivel with a view to the promotion of the legislation as advocated by the we contin Stock Exchange Committee. The Total sales membership of the proposed $590- ciation in the meantime will be pany has limited to the managers of Fixed dividend of 10 come per share. Trust which accept the draft

Canton Ins $275 11. Unions Ins. $570 n.

China Underwriters. $1.10 32. China Fire Ins $480 EK. Fire Ins $260 m. International Assce. $4 11.

Shipping

¿Douglases: $56 ***HK: Steamboats $4 m.

Indo-Chinas (Pre£}, $30 m Indo-China (Pret) $20 n. Shells (Bearer) 84/41⁄2 n Union Waterboats $12 n-

Mkuing

Antamoks $1.45 b. Balatoes $17% 2-

· Baguio Gold 92 etsi a. --Benguet Consolidated - $16% 1 "Benguet "Exploration 11 cta

Big Wedge 12 cts. a. Gold Creek 30 s. 1

Gold River cts.

Ipó Mining 90 pts. n. Itogons 36

Salacots 15 cts. 1. Kailan Mining Ad. 12/- 1. Langkats (Single) Sh.$11 a. S'hai Exploration Sh.$4% n Shanghai Loans $4 n. Baths $1014 b

Venz: Goldfield ́$3 b.

Docks, etc...

H.K. and K. Wharves

$100 b

HK and K Wharves

$9831⁄2 ni

rules and regulations drawn up

REICHSMARK QUOTATIONS:

Berlin, to-day. Reichsmark have been quotations (without guarantee). rers of actual, with resterday were: New York, 40-23; tightening Paris, 609; Amsterdam. 59.27€ advise purchases-and London, 12.26. The Paris Was 16.72-

sterling quotation.

od Motor. Com 7476, and the dollar, 15.155-

special 15.1575-Trans-Ocean Service.

by the Stock Exchange Committee. COMMODITY PRICES

-British Wireless Service.

The following quotations have

COAL DEPOSIT been received by Reuter

IN GLASGOW

Prev. Yesterday Closing Closing

Development Under

New York Cotten:-

March...

11.39

11.16

Consideration

May

11:15

10.96

July

10.89

10.61

London, To-day,

October

--10.47

-10.10

deposit near Glasgow estimated to New York Rubber:-- be worth £7,000,000 and calculated March to give employment to nearly 1,000 May

A proposal is under consider-December (1936) 10.45 tion for the development of a coal (Spot

12.15

13.89

14.02

14.09 14.17 14.24

(old) men for about 49 years. Two July

large Scottish colliery firms are September (new) interested in the proposals, which December

H.K. and W. Docks 39 n. -Providents (old) $1.55 7." Providents (new) 25 cts. '11 Rong Kew Sh. $23734 n. New Engineering Sh$4 a Shanghai Ducka, $80 n.

Cotton Mills ·

Ewo Cotton Sh.$911⁄2 n Shanghai Cotton (old) Sh.$75

Shanghai Cotton (new) Sh$4T34

Zoong Sings Sh412'm 1 -Wing On Textiles Sk: 126 n

Lands, Hotels, etc. HK. and S. Hotel $5.30 h. HK Lands $361⁄2 1.

will shortly come before the Rail Chicago Wheat: way and Canal Commissioners May The deposits lie under an estate July

10.10 11.80

STEEL PRODUCTION

IN ENGLAND

Increased Employment -In One District

London, To-day. The growth of steel production at Semthorpe in Lincolnshire. close to the Ironstonefield, `es- timated to contain about 468,000,- [000 tons, has resulted in an in-

crease of employment in' the dis-- trict of 54 per cent in the Test: 13.95ave years. Local works are pro-- ducing steel at the rate of |1,000,000 tons per annum, repre

senting about 10 per cent of the national production.

14.351440

1457a 1460

-105-

9014

-102-

90%

which the Glasgow Corporation September has under development for hous-Chicago Com:-

British Wireless Service..

89%

88%

May

624

617%

July

62%

627

Winnipeg Wheat:

May

39

89

July

CULTIVATION IN BRITAIN

-Increase In Growth Of Vegetables

London, To-day.

A statement issued by the Na- tional Farmers'” Union draws

HK Lands 4% Debentares $100 attention to the increase in land

I

*

Shanghai Lands Sh.$20 n. Metropolitan Lands. Sh. $10 Humphreys $10.60

HK Realties $5.35 b. Chinese Estates $84 n. "China" Realties $4

China Debentures" Sh.535. *11.

Public Utilities

HK Tramways $1514-5. Peak Trams. (old) $5 b. Peak Trams (new) $21⁄2 1 Star Ferries: $903. Yaumati Ferries $18 n. CLights (oldy $10.15 82 C. Lights. (new) $7.10 sa. HK Electrics $70 m Macao Electrics $20 - Sandakan Light $210 m Telephones (old) $25.85 sa. Telephones (new) $10.15 sa Cams Buser Shi 131⁄2 n. Singapore Traction 17/4 n. Singapore Traction

Prud^287-

Industrials Malabon Sugar $8.40 n. Cald, Masg, (Ord) Si£$191⁄2 2 Cald#alseg."(Prel), Sal$15°*** Canton Ices 1.45 1. "Cements $8 sa

·EK-Bopes $4.35.m-/

New York Suk:- March May.

July

| ~ The output has donbied in the

Last three years" "The Produc..

tion of pig iron has risen cor-

respondingly.

The population" of the district is rising rapidly, and last year 12:000 new houses were erec

British Wireless Service.

891 892 RAW RUBBER PRICES

198

1.95% 195 197 Latest Quotations From 1.9432 1:97

Singapore.

YORK STOCK EXCHANGE

Latest Quotations

under cultivation for vegetables during the past decade. Ex tensions are shown for all crops except onions and for Brussels zprouts, caulifowers and green peas the increases are from 28,900 NY. Rubber to 34,000 acres, 11,700 to 19,500, Chicago Whest and 42,705 to 63,600, respective- Мат

y-British Wireless Service. Chicago Corn

Stores, etc.

Dairy Farm $21.40/45 sa. Watsons $42 D

Lane, Crawfords’$6% n.

"Madidintosh ́$5.

Sincerés $330 8, $34 sa Win. Powells 10, cta... 12. Wing On (EK) 242 1.

Miscellaneou

Entertainments "$340_n. STC Enterprises "$135 n- Macao GreyhoundsTM $2 n. Constructions" (old) $13⁄4 3. Constructions (new) 50 cts Vibro Piling "$4^13. Chi Gort 5% 1925

HK Govt 4% Loan 5%

prem

SHAKE, GOVL 36% Loan Wallace "Easpers"$4 mi

May

March

May

January 8 11.15 10.30 10.82

72.89 13.89 13.83

1024

102

62%

61%

STOCKS

Anaconda

Capper

28

28

Elec. Bond &

Share

17

General Motoca-55 Montgomery

2834

18% 1874 54% 543

Ward

N.V. Central 29 28% 28%

US Steel

Messrs. B. Joseph Co., have received the following Straits Currency quotations from Singapore for Raw Rabber.

Spot 23-Up 1⁄4 b. 23 4 8. February/March 23. Up

b234 April/June 24 Up % 5,24 /1⁄2 50 July/September 24 14-Up b

24/5

-Market: - Quiet

":

GIRL STOWAWAY

Six Weeks On Board Tramp Steamer

A young girl of Gyömis, 7 whe disappeared six weeks ago -The Lollowing quotations from Loty been found to have bạm living don were received last night between that time as a stowaway, in 5.30, mas and 10.30. p.

Silver Spot 2015 (last close) 2017 cabin of a Swedish freight steam- (last recd.), %% up. (change). Silver Forward anquoted..

She wrote to her mother that

Silver Report: India and specula-she was accompanying her Befroth- tore bought. Mirket quietly steady to Sweden. The police boarded séverpool Cotton May 6.08 that

1- Liverpool

Wheat March (last clone), 6/55 (last-recd), 15% down (change).

close), 6.00 (last recă), 08 down the vessel and found her in the (change).

jcabin. : She had been there 'six 6/7 weeks ad had made several voy- ages without any other member of the crew suspecting her presence. Despite her tearful protests she was brought home to her paren

London Rubber-April-June (buy Pers) 6% (best close), 6% (last real).

unchanged.

“A Bumper Crop.”

To-morrow.

GWED YA

PROBALLY LOT OF MONEY:

HE LIIS ME! ME NEW

FRONGEST}

LICKS

YOU

HONG KONG

DOLLAR: DIRECTORY

1936 issue

NOW BEING COMPILED

UE INPOIMENTION 90%

hem "Street" Tér