1936-01-18 — Page 8

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital ....$50,000,000] Larned and Fully Paid-up. 20,000,000 Reserve Funds--

Sterling

Silver

£8,500,000 -$10,000,000

Raverse Lishility of Pro-

prietors

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,

sporated by Royal Charter, 1853.

HEAD OFFICE, LONDON

Paid-up Capital

-THE CHINA" MAIL SATURDAY, JANUARY (11

Commerce and Finance

00,000 LOCAL SHARE MARKET

$5,000,000

Reserve Fund

$20,000,000

Reserve Jability of "Pro-

prietors

£3,000,000

HEAD OFFICE: LOSG KONG,

BOLED OF DIRECTORE

* E. Dodveč, Dag

Chaircon

CG Inight, Beq.

Deputy Char

Bon. Mr. W. H. Bell-

Alor Star

Acribner Bangkok

Bombay Calow Canson Camporn

Agencies and Branches:

Mode

Karnaki.

Bangoon

m

A.E. Compton Esq. TE Pearce Esq., Colombet

MT. Johnson Esq., LA. Pkimmer E31. Eliphang

G. Miskin Esq, A. L. Shields Esq.

AMOY

KANGKOK

BATAVIA

MOMBAY

SALCUTTA

CANTON

CEPOO COLOMBO

DAIREN POOCHOSES

HORGIEW

7. 34. Graybarn, Eng

Chiat Naangne.

BRANCHES —

LONDON LTOKS

KUALADCA

MANILA

KOAB Colorar

MUNDEN

SEW YORK

PRIPING PENANG

SAIGON

SOURABAYA

Habark Hankow Berbis Song Ime

Kucking Kudrna

Maden New York Triping

(Paling

Sitiawa Souras

Messrs. Harriman's Weekly Report

Messrs. G. A. Harriman Co's weekly share report market review issued to-day states:-

NEW YORK STOCK MARKET

General Level Of Prices High

ADDING TO HOLDINGS ON

WEAKNESS ADVISED,

ú

WEEKLY MARKET

REPORT

NO OUTSTANDING FEATURES

CONFIDENCE TEMPORARILY

UNDERMINED

the

CHURCHES

FIRST CHURCH OF CHRISIG SCIENTISTS

TA Branch the Mother Church The First Church of Christ, Scientist, in Boston, Mas)e

Macdonnell Road below Bow Road Tram Station.

Sunday Service: 1115

Sunday School: 10 am

Testimonial Meeting; Wednes- daya..5 pam

Messrs. White, Weld and Com- Messrs. James F. Hutton and sterling section Banks opened pany, New York Correspondents Co. Ltd, Manchester, reported with sales recorded at $1,515 but for Messrs. S. E. Levy and Com-jas follows on December 18:- fun the announcement of the final pany, report:-

The past week has failed to and dividend of $3 per share imme Stocks: We continue in our produce any feature of out- and diately rose on popular demand to opinion expressed previously to standing interest At both noon a buying rate of $1.615. Unions the effect that many commission Liverpool and New York poli- remained steady with business houses, including ourselves feel Lical developments and A boom almost relative of the effected at $563/570The sud-that the general price level is general feeling of uncertainty activity of the good old days' denness of the boom almost swept pretty high, but in view of the have temporarily undermined enveloped the local market during clients and Brokers alike off their Bonus question, an unbalanced confidence in the market

From a trading point of view the week cader review when buy-feet and coming as it has on the budget and the general: business Foreign, Monimugs and Omment Banking busiĀLAIS

literally eve of Chinese New Year angurs outlook, we believe that the policy the last full working week be Reading Room is located [ers_of_all_investments testinacted. ——-------------

The very well for the future, especials of holding positions and adding to fore the holidays has begun above address and is open: Current, festendy - sprint and First Deposit| [200 rail" for one your e sherber passada pored into the market.

of Chinese in-holdings on weakness should still disappointingly. An unexpect turnover reached tremendous pro-as the confidence

Business done:ed weakness in raw cotton, Monday and Thursday: 8.30 to- portions and buyers predominated restors has at last been restored be followed.

prices has caused some anxiety 7 pm.. Manager-right up

to the last minute of and with shares of all-denomina-2,350,000 shares. trading. The customary old time tions standing at such attractive Cotton: Expectation of the e-in several quarters regarding crowds again began to gather levels the one of the local share actment of enough legislation to recent purchases, and there Tuesday and Friday: 10 to 1 when trading was at its height and market indicates every prospect of avoid a run-away acreage expan seems little inclination to make noos

more sion is causing short-covering in new ones. AMERICAN EXPRESS COMPANY,Ice House Street once more took a bright future with far

Bayers Waiting

All authorised Christian Science- new-crop cottom. We would advise For the appearance of another activity to come.

In some cases the drop has Literature is available Business during the week has traders to purchase March, May Throgmorten Street! The main feature was the smart rise in rates been done at the following prices and December cotton on reactions enabled business to go through, Reading Room

Flash: The American Railway but in most it has made buyers of investment counters with buyers; HK Banks $1515/1600. predominating in every

Association estimates carloadings inclined to await developments. at 615,000 cars, an increase of Indian enquiry has again been to attend the Service and visit the

A. ERRAPLET

Hong Kong, 1st January, 1935.

THE

RANGOON

HAIPHONG

HAMBIW HANKOW KAIRI

SAN FRANCISCO

SHANGHAY

SINGATORS

SCHGE FATANI TIENTSIN

INC.

Head Office:55, Broadway, New York

Capital Surplus

U.S.$6,000,000.00

JOHORE

FUTLOOM

XKALA LUMPUR

ΤΟΣΤΟ

ISINGTAO SOSORIKA

Owenst Ancla opened in Local Curacy and Fixed Deposits received, for me per or Sherine, periods in Legal Currency and iterling

an terms which will be quoted in application

AL80 up to date SAFE DEPOSIÍ BOXES

ones TO LET.

Hong Kong, lat Kober, 290.

HONG KONG SAVINGS BANK

The Buzios of the above Bank ✯ ovaduer. by the HONG KONG AND SHANGHA BANKING CORPORATION Bales may be abtained of application.

FOB THE HONG KONG AND SHANGRAI MIXING CORPORATION.

V. X. GRAIBERN,

·Chand Manugue.

Hong Kong 25th February, 1336

THE BANK OF EAST ASIA, LTD.

Antiocived Capitai.

Fold-up Capital

„220.000,200.00

5.308,100.00

Reserves

870,731.05

Montrest

BRANCHES--

Con

Antwerp

Glangu

A. The

The Bagus

Kien

Baraza

Sumbing

James

Pas Puping Bod

Shangh Soukangaon. Singapor

Herüa

Zenday Brezp

Sarcaniaco,

Cairo

London

Calcuthe

Lowryco

Сеяным

Laban

Colonobe Copenhagen Din Edinburgh Maraton

Lagoa

Mouse Caria

Vienna

Inkohama Zurich

المعلا

Manich

Union Insurances $563/570. Raubs $10.70/10.55. Providents (old) $170/1.75 Humphreys $10.65.

Trams $14.10/14.15- Lights old) $10.40/10.90. Lights (new) $7.35/7.50. Telephones (old) $25.85/2675.

**

the

The Public is cordially invitad

62,000 cars from the correspond disappointing and the sum total Reading Room

of orders booked has been sur-

There have!

ing period of last year.

Brokers Loans are estimated at prisingly small $971,000,000, against $967,000,000 been enquiries for mails for Karachi, Bombay and Madras, the previous week.

while poplins, voiles, satteens and fancies have been in

Telephones (new) $10.05/10,20 H.K. SHAREBROKERS

.section Hong Kong Electrics found a great deal of support from Chinese investors and rose sharply from $70/7454 cash and $76 March. Telephones (old) showed renewed strength and were dealt in at $25.85 to $26.75 Wharves beld strong enquiries at $104 cash without attracting

sellers. any Dairy Farms advanced to a buying rate of $21.75. Business in Trans was registered and Star Ferries at $14.10 to $14.15 and $91/91.50 respectively. Minor issues gener- ally showed up much better with Chinese investors again clamour-Star

Emers and Undivided Profi 180,000.00 Company in Principal cities of Uniteding for China Lights at $11.70 cash

HEAD OFFICE-HONG KONG.

10. De Foux Band. Ce

BOARD OF DIRECTORS :—–—–

Bir Bouwog Chow, Chairm

Li Xeon Chun E- I. I wok, Eng. One

Branches of American – Expressi

States of America and Canada,

fand $11.60 March. Cements were in good demand with sales record-

All classes of Commercial Braking ed from $8/9.35. Providents Transactions undertaken.

(old) were marked up to a buying Personal investzɔent accounts hand-rate of $210 at the close. Hotels remained very firm and were pat at $5.30/60

Sang Bay Wong Chu Son, Ray, and Time Ying | Ind.

Tam Tung Por Framing Chaseł Manager.

In The Yong, Esq., Naraget.

BRANCHES AND AGENCIES:-

Matula Misibourne

Seattle

Salaria

Boobay

Calcutta

Jew Lark

Semarang Shangh Singapore

Gastos

Chaka Рапи

Paying

Looolalo Lobe Kowloon Lundon

Toong

Ba

com

San Francisco

Every 'description

-

Soumya SALLOW sydney

bors

Tokyo

Tekobmcon

Banking and Buchunge

become trunauocad: Imane granted on append

mogriting,

and

Get Amounts opened in Local Cornaty

Fixed Deposits monired for, and horter prioda in Looms and Porsiga Chamaccias an tarms which_will be quoted on application.

Bala „Deposil”“” Boxes To Let

KAS TONG PO,

Cost Manager

THE YOKOHAMA SPECIE BANK LIMITED

Established; 1889

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

Head Office: YOKOHAMA.

Branches and Agencies at

Alexandria

Batavia

Berlin

Bombay

Calcutta

Canton

Nagasaki

Nagoya

New York

Osaka

*Patie

Peiping

Dairen (Dalny) "Rangoon

Fenghien (Makden) Rio de Janeiro

Hamburg

San Francisco

Kankow

Seattle

Harbis

Semarang

Hong Kong

Shangbal

Honolulu

Arinking

Singapore Sourabaya.

Karachi

Robe

London

-Los Angeles

"Marila

Sydney

Tientsia

Tokyo

/kingtah

Yingkow

Cements $8.00/9.35.

Dairy Farms $21.10/21.30. Canton Insurances $270. HK Electrics $7034/7114-. H.K. Ropes $490/3.20. Wharves (old) $102.50/109. HK-Lands-$2534/36.

Ferries $91/91.50.” Antamoks $12. Hotels $30/5.60.” Sinceres $22. Gold Rivers 6% cts. Entertainments 33.80/3.90. Watsons $1.90.

HK Stock Exchange Weekly The Company offers to intending through in quantity Travellers the use of its "Travellers cash and $5.40/80 March with Report issued at 3.15 pm. yester Cheques" and Letters of Credit and, more shares wanted at the latter day.

addition, the world-wide services Sgure. Watsons changed hands at The week under review witness- of its thoroughly equipped avel 8.90 with more shares wantedjed another spurt in the market Department

and Entertainments were enquir-after the comparative dullness of ea for at $4.25. Realties after the previous week. Trading was a large scale and servera); being neglected for a long time on were wanted at $5.70. In the stocks

experienced phenomenal rises. Endoubtedly the increased dividend declared by our premier THE MERCANTILE BANK OF psychological effect on the market

C. H. BENSON,

General Managez.

THE CHINA & SOUTH SEA BANK, LIMITED

(Incorporated in Chins) Head Office-Shanghai

Capital

$7,500,000.00

$1,500,000.00

Reserve Branches-All Important Cities in

Caims

Formiga Zorbangs and Games) Banking Busineon

Current and Baring konsuzis opened and Pined |Deposits: received- he won'quar, në Laborier pariada

at rates which, will be quoted on application.

BOU Z CHANG..

HONG KONG: BRANCH |

3. Das Forut Sonds Corpusi..

Manves?", "Of

Porriga Fankang: Dept General Ore let the

·Combinťa DS

THE WING ON BANK, LID.

Head Office: Hong Kong 26, Des Voeux Road Central. Authorised Capital $10,000,000

LONDON BANKERS: *Westminster Bank, Ltd.

INDIA, LTD

"HEAD OFFICE:

* Gracechurch Etevet, London, E.CA.

Authorised. Capital- $3,000,000

Subscribed Capital

1,800,000

1,050,000

1,247,830

Paid-up Capital ama Beserve Fand & Rest

BATTERS

•The Bank of England & Midland Bank, Léd BRANCHES:

Tombay 2 Caloule

Colorabe

Boost Bong

Howski

L

Ipot

- Kandy,

Karachi

- Eote Bhara

Konin Lapin

New York

Pusing

Port Locia

2.) (Manrítima)

Kain Lempor Shanghai Konatan (Pabang). Simila

Madina

Singapore

HONG KONG BRANCH.

Every decription of Banking and Exchange

{ bocinas trazuasted.

Travellers Chagane Sanand."

Trades and Flosestorship undertaken.

INTEREST silowed, on" Carrock Ansour MDE Fixed Deponim at Batau that may be ascertained,

e application,

Foreign Exchange and every des Borg Long With Tuy, cripton of banking business transact-

edi

Current Accounts and Savings be counts opened. Fixed Deposits – ze: ceived at rates which will be quoted on applicatión d

Trusteeship & Thisentorship under-

THE

SHANGHAI COMMERCIAL

SAVINGS BANK LIMITED (Incorporated in China) •

taken. Safe Deposit Boxes for hire.Capital paid ... $5,000,000.

PHILIP GOCK CHIN

- Chief “Manager.

Interest allowed for Corrent A RELIABLE PRINTING

counts

Deposits received for fired perioda į rates to be obtained on application.

C. KISHINAMI,

Manage Hong Kong, 12th September, 1936.

POPEYE

no order too small

"The Army Of Unemployed.

BOYS, THE GALS ARE GONER HAVE A CONTEST YEAR. ONE OF YER FUTURE WIVES IS GONER'LINA

THAT'LL BE FINE

PRIZE

ILL BE A KISSIN'

(CONTEST" THE GAL LICH)

KISSES ME THE BEST WORLI... WIN THE

PRIZE.

[PLELESS"

ENCH ONE

FOR A

HOOR SO *IKING JODE

Reserves

$7,300,000. Capital Savings Dept. $500,000. Reserve Strings Dept. $300,000. pro: Head-Office.Shanghai -

A Bank having as ita; mission the industrial development on China and the fostering of her commercial relations abroad. "Hong Kong Office čin

6, Queen's Road. Central.. Phone #1116/

financial institution had a good; and great contributed to the in- creased confidence manifested by public

BUSINESS DONE DURING THE WEEK

Hong Kong Banks $1520, $1515, $1520, 31600, $1620, $1625, 1615.

Canton Insurances $170. Union Insurances $568, $570. Wharves (Old) $101

$102350

$103,

Providents (Old) $170, $1.95/2. Hotels $5.30. $5.35, $545. Humphreys $10.65. -Lands $36, $35.

H. K. Realties $5.70, $53;/5.50- Tramways $14.05, $14, $13.90.| $1410, $14.20, $14.15. 514, $14-15

Star Ferries $91

China Lights (OLA) $10:20, $10% $10.40, $10.45, $10%. $10.60, $10.70, $10.65, $11, $1110, $1120.00

ASSOCIATION

The following report was issued br. the Hong Kong Sharebrokers' Association yesterday afternoon...

Unions $565 38. Antamoks $121. Baguio Gold 18 cts. b. Gold Rivers 674 cts. b. Hotels $5

Land Debentures $100 b. Providents Old- $2 1. $2 s. Peak Trams Old $5 b Trams $14.10`b., $1410 sa- Star Ferries $92 3. Yaumati Ferries $19 b Lights -Old $11.15 b. Lights New $7.80 b..' Electrics $73% b. $724 82. Telephones Old $26.60 b.j Telephones New $10.10 b., $10.20

Canton Ices $1.65. b. Ropes $5.40 b.

Dairy Farms $2170 b. Entertainments $4 b Constructions Old $1.60 b. Watsons 3470 D.

Watsons $4.65, $480. $430. Sinceres $2.20. Entertainments $4.

Raubs $10.70, $10.85, $10. Ewo Cottons Sh. $82.- [CHANGES (3:15 pm) CLOSING QUOTATIONS BUYERS Providents (Old) $2 Providents (New) 30 cts. Hotels $52- Star Ferries $92142, H K Realties $5.70. Chins Lights (01d) $115. China Lights (New) $8. Electrics $7341⁄2 Telephones (Old) $26

H. K. Röpes $511⁄2, Watsons $485.- Antamoks $14.

China Lights (New) $7.20, $7,40, Hong Kong Banks $1615/1625

$7.45, $TY2, $7.60. Electrics $69, $70, $7072, $71,

$71, 571 $12, 574. T Telephones (Old) $25 $26, $26.10, 196.15, $264, $2672 Telephones (New) 10.20,

31010, $10-29-

Cements 7:30, $8, $8.10 $87

$8.80, $9, "$9.35, $9.20 --- H. K. Ropes $490, $4.95, $5. Dairy Farms $21.10, $21.30,

$2172

Next Monday.

WHY: 10.950 ALS

IF YOU KISS EACH ONE FOR AN HOUR TO KISS 110950 GALS IT WOULD

TAKE THREE

WE, THE PEOPLE OF SPINACH OB THIS CO

THERE THERE ARE

YEA

BYS IN:

moderate request.

NEW YORK STOCK EXCHANGE

Latest Quotations

Last Close-10.30 11.00

There has been a small vinder- current .of. demand. from Colombo, Rangoon and Singa pore, but there has been no

January 18. The following quotations were 20- mention of China or Hons ceived last night between 11 pm Kong. There have been some and 1930 p.m.- low offers, chiefly for finishing cloths, from the Near East, but NT. Cotton- little has been done. while. Babber

May

trade with Egypt has been March restricted to triffing lines of Chicago Wheat mulls and fancies.

May Chicago CorTL.

May

Share

10.96

10.98

10.97TM

14.54 14.57 14.51

.1002

100

60%

60

99% 291 29

17

18

13

54%

36%

38

30%

30%

30

43

48%

****

W. Africa. Quiet Most buyers for West Africa STOCK'S: have again become quiet, Anaconda though some manufacturers Copper have been quoting for printing Elec. Bond & cloths for this market Oda lots of prints and specialities General Motors 55% 54%

Montgomery. have been booked for South

Ward

36 America. South Africa has NY. Central also been quiet, though there US. Steel have been a few absurd offers around for standard cloths.

Negotiations with Germany for certain fine cloths have been upset by the fall in raw cotton, and there have been no impor tant transactions for other Con- tinental outlets Canada and Australia have bought poplins, Liverpool Cotton-May 5.84 (last while in the Home Trade sec-close). 3.84 (last red.). mchanged. tion the chief interest has been Liverpool Whest March, displayed in rain cloths and (last close), 6/8% (last recd), 1⁄4 zp

(changre}}{\PARA linings.

COMMODITY PRICES

The following quotations from Lené jdon were received last night hetwasir.

5:20 pm and 10.30 p.m.

Silver Spoc 19% (last close), 19 (last reed), 3 down (change).

Silver Forward unquoted. Silver Reports India General speculative selling Not much support. Market quietly steady"

bought

6/7

London Eubber-April-June (bay- ers) 7 (last close), 7 (last recd), unchanged.

TESTING PROPELLERS

The following quotations... have

The huge propellers used --on- been received by Bouter.

planes operated by one U. S. air- Prev. Yesterday time are removed from the ships Closing Closing after 300 hours of service and etched with "zeld to show" zay- 11.89aws or traces of metal fatigue.

New York STR

New York Cotton:-- March

1129

May

10.95

11.10

July

10.60

10.78-

October

10.09.

10.24

December (1936), 10.04 Spot

.10.19% Winnipeg Wheato

11:30:

-11-85 May

87%

SALES Providents (018) $1.95/EZ

New York Rubber

July

March

May

Hotels $525) "

July

14.54 14.416 14.68 34.57 1483

October

88% STY

88 89%

14718 March :

1851⁄2 1381⁄2-

HK Realties $5%/5.30.

September

14.99

14.85 May

• 183.

-187

H. K. Tramways $1410; $1445. December China" Lights - (Old) $1110, cago Wh

15.202

15.08 July

$11.20

May

100

Electrics $72, $74

July

Telephones (Oldy 65%

Sept

Cements $9.20

Telephones (New) $10.2L -

603%

Dairy Farms 22134 m

(July

Raubs $10%

Watsons $4.90.”“*

(Cont

"A Judge Has Got To Be Fair !”

WELL-WHAS THREE YEARS?)

WE GOT LOTSA TIME-

do

1832 186

WANTED KNOWN

WANTED KNOWK-Last few days). before. „Komor's closs, dog FineTM Objects D'Art will then be packed for shipment to America and England See wonderfit/bargains" before 24th:

HONG KONG DOLLAR DIRECTORY 1936 issue

NOW BEING COMPILED

PIN YOUR INFORMATION NEXT YEAR'S DIRECTORY

EN OW