1936-01-27 — Page 8

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THE CHI

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Authorised Capital ...............$50,000,000 | Incorporated by Royal Chatter, 1833 Lassed and Faily Paid-up. 20,000,000

Beserve Liability of Pro-

prietors

HEAD OFFICE-LONDON Paid-up Capital

Baserre Finds:---

Sterling

£6,500,000

Süver

$10,000,000

Eeserve Fund.

$20,000,000

Reserve Liability of En

prietors

$5,000,000

,000

300,000

Agencies and Bran

Aloe Sme

Bangkok

Bostbay

Caloutte

Canton

HEAD OFFICE: HONG KONG

BOARD OF DIRECTORS."

* Dodwell, Esq.

G. C. Light, Eng.

Deputy Chairman.

Hon. Mr. W. E. Bel

Cawspere.

* Hon Mr. J. Paterson Oba AE. Compton Esq. T. E. Pearce Esq., Colbe

Kaiki

MI. Johnson Esq. JA. Flamer Esq. Exploz G. Miskin Esq., A. L. Shields Esq.

MANGIOR

7. X. Graybura. Eag

Chiad Manage.

BRANCHES:-

LONDON

ETONS

KALACCA

MANIJ

YCAR Cichors.

PENANG

Bambu

Harbin

Hong Jon

D-3

Ipok

Forsien. "Exchange and Gesicht, Balking business China bona opamni and Zixed Deponiza simed for one year or skupne punodai st ̋zeles which will be quoted on appäsenen.

THE-

YUEDEN

NEW TORE

FELFING

Á BREARLESS,

Manager. Hong Kong, 1st Jaunay, 1935.

FOOCHOW

BANGOON

SAIGON

·SAN FRANCISCO

SHANGHAI

BUGLEW

JOBOB

LODE

KOWLOOK

KUALA LUMPUR

SINGAPORE

SOTPARATA

SUNGE PALANT

PLENISIN

OKTO

TINGTO

TOKORIMA

AMERICAN EXPRESS COMPANY,

INCL

Head Office:---55, Broadway. New Tack

Campus doomate speard in Icent Compos

and Tized Depot conned for one jest ce "aterne paciada La Currency and Birling

as beene, which will be quoted of applicatio

ALSO, up to date SAFE DEPOSIÍ, BOXES

varias is 20 LET.

Eng Kong In Sprember, 1903.

HONG KONG SAVINGS BANK

of by the HONG KONG AND SHANGHAI KARKING CORPORATION.

FOR THE HUNG KONG AND SHANGHAI LAKKING CORPORATION..

V. IL GRANZUEN.

Atheis

već od application.

Hong Kong, 5th Februa

Capital

Staples

.U.S.$5,000,000.00

2,183,633.06. 870,7SL05

BRANCHES:-

Ameterdaan

Mestresz

Lucmery

Bombay

CHATO

Kilangwe The Magos

Bomburg

Heidelber

INCENLACE

Laverynol

--Pacia

Puping

Roma baangesi

Soumanprom

-Cance

Chand Macagu. 2905.

Carambe Copenhag Datum

Logano

Lalatseiten

Massa Cucio

MARIA

Lecicl

Mussche

THE BANK OF EAST ASIA, LTD.

Axiberiaal Capisa

Big Capisei-

| 5,589,800.00

ELARJONTEN

Florence Csava

Rasches

of American. Express

Beers and Endinded Prodie - 2,430,000.00 Company in Principal cities of United

HEAD OFFICE: HONG KONG.

30. Das Faux Boud, Central.

www.

BOARD OF DIRECTORS:—

Bar 0-800 Cow, Chairman.

Là Loom Shan, Esq. F. K. Emo

Enqui

Iss Took. Eng., Chan Ching Shek, Engu há Lau

MORE Lots Wong Che Son, Eng, and San Ting

In Jung Po. Eng. Count Manager.

Tan Fong. Eaqu. Masague.... BRANCHES AND AGENCIES --

Seville Xantia

Melbourn

Anez

Jominy

Shanghai

New York

Denien

Sourbage

shoot

Taping

Sydney

Blake

Pasgood

Tarabais

Su

dokre

Lobe

London

*Paris

San Francis

Vincourse Yokohama

Evacy dancription of Besiting, and Exchange businest† trasmected. Icame, granted on approval

O

Current Assunta, opened in Local Curacy and Fixed Deposita ived for com your shorter perioda in Loon and Foreign. CairanaARA

tea which will be quoted on application.. Safe Deposit Boxes To Let

KAN TONG 20.

CM Xanage.

States of America and Canada.

All classes of Commercial Banking| Transactiồng” sundertaken.

led

Personal investment accounts hand..

The Company ouers to intending Travellers the use of its "Travellers Cheques" and Letters of Credit and, an addition, the-world-wide services of its thoroughly equipped Travel Department.

C. HL BENSON,

. General Manager.

THE CHINA & SOUTH SEA BANK, LIMITED

(Incorporated in Chine) Head Office-Shanghai

Capital

..$7,500,000.00 Reserve

$1,500,000.00 Branches-All Important Cities in

China

Forsign Exchange and General Buding: Business,

THE YOKOHAMA SPECIE BANK | Currier and Seving amounts opened and Fizad

LIMITED

Established 1880-

Capital (full paid-up). Yen. 100,000,000 Reserve Find

Yen. 127,450,000;

Head Office:-YOKOHAMA-

Branches and Agencies at”

Nagasaki Nagoya New York

Ocala

Alexandria Bateria

Berlin

Bombay

Calcutta

Canton

Dairen (Dalny)

Pariz

Peiping

Rangoon

Fengtien (Mukden) Rio de Janeiro

Hamburg

Hankow

Harbin --

Hong Kong

Honolulu Ksinking

Karachi

Kobe

London

Los Angeles.

Mazila

Moji

San Francisco

-Seattle

Semarang

Shanghai TAINERDOTE

Souzabays Sydney

Tokyo Tsingtan

Yingkow

Interest, allowed for Current Ac-i comics.

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

C. KISHINAMI,

Mara

Hong Kong, 12th-Septe

Deposits, zvonised, for one year or shorter perioda

600 I. CHANG,

Țnt Traine" which will be quoted on application.

A

Kacage.

BONO XUNG BELSCH:

3. De Fazz Band, Orchest.

Manager's Diam

Foreign Exchange Depli mara General Umor Cathiar's 050s

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 dea-| cripton of banking business transact- Fed

Current Accounts and Saving Ac- counts opened. Fixed Deposits re- ceived at rates which will be quoted] [07_application

Trusteeship &. Executorship "under- taken · Safe Deposit Bazes. Low hire. PHILIP GOCKCHIN Chief Manager.

Refiable PRINTING

no order

POPEYE "A Sailor'& Knot. ”

ALLMARRED:

THEY'RE HAPPY NO

DOESONEIT, I WONDER I BE

MAYBE LOU'RE NO

OUR DICTIPATO

AMARS

ommerce and

Finance.

SHARE MARKET

-TO-DAY'S QUOTATIONS

-The following is the list of local share quotations issued to-day:

Bank

-H.A. Bank $1,615 E

HK Bank (London) 106 1. Chartered Bank £14 Mercantile Bank A. and B.

$2914 p..

Mercantile Bank C. 5134-Do Bank of East Asia $80 b.

Insurances

་་

Canton Ins. $270 1.

·Unione· Ins: 3570'sa.

China Underwriters $1.10 m. China Fire Ins. $480 n EE Fire Ina. $260 x. International Assce. $3 m

Shipping

Douglases-$36. 1.

HK Steamboats $51% 3. Indo-Chinas (Pref), $30 a. Indo-Chinas (De£) 20 д- Shells (Bearer) 90/- n. Union Waterboats $141⁄2 D

Mining

Antamoks SL65 b. Ralatoes $175 1. Baguio Gold 22. cts. n. Benguet Consolidated $171⁄2 a Benguet Exploration 12 chs. D Big Wedge 12 cts. 1. Gold Creek 30 cts. 1.

Gold River 7 cts. n. Ipo Mhing 90 cts. D Itogons 361⁄2 cta. I Salacots 15 eis. *.... Kailan Mining Ad. 12/6 Langkats (Single) $11 n. Shai Exploration Sh.$41⁄2 n. Shanghai Loaris Sh $4 12: Pambs. $1120 2.

Venz: Goldfield $3 b.

"Docks, etc.

HK mà K. Wazorvee -~(old)

$103.2

HF and I. Whatres (new)

$100%

HK and W. Docka 89 n. Providents (old) Providents (new) 50 cts, 32- Hong Kew Sh. 129771⁄2 n. New Engineezing Sh.$4_n. Shanghai Docks. $80 n.

Cotton Mills Ewo Cotton Sh $879 n. Shanghai Cotton (old) Sh$75:

Shanghai Cotton (new) Sh#1

Loong Sings Sh$12 1: Wing On Textiles Sha.. $25 a Lands, Hotels, etc. HK and S. Hotel $5.90 5 HK Lands $3572 5. HK Lands 4% Debentures

*100% n.

Shanghai Lands Sh.418 n. Metropolitan Lands Sh. $10 z Humphreys $10.65 z HK. Besties $5.85 3. Chinese Estates $34 n. China Realties: $4_a. China Debentures Sh $60 m. „Public UtilitSer

HK Tramways $14/134 s Pink Trams (old) $530_n. Peak Trans (new) $ Star Ferries $96 hi Yaumati Ferries $181⁄2 2

THE

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED {Thentperated–in–Celna)

Capital paid up

Reserves

$5,000,000. $7,300,000:

Capital Savings Dept $500,000. Reserve Savings Dept. $800,000, Head-Offee. Shanghai

A Banic having auŋíta mŽERİON the industrial- development on China, and the fostering of her commercial relations abroad Hong Kong ODESSAAN

$ Queen's Road Central

Phone. 31116., **

SECOND THREE YEAR PLAN Kwantung To Try Again

MONEY QUESTION PRESENTS DIFFICULTY

(From Our Own Correspondent]

KRUPP WORKS AT ESSEN

Large Increase In Profits

ALL EARNINGS RE-INVESTE

LOCAL DOLLAR

STEADY

"Spot? Silver At 1934

Last Friday

NEW ADVERTISEMENTS

THE STAR" FERRY COMPANY, DUSTED

The local dollar is steady, open- NOTICE: TO SHAREHOLDERS,

demand this morning!

ing on

| at 1/81⁄21⁄2d."

"Spot silver was quoted at N

19% on January 24-

US$49%.

TOMICE IS HEREBY GIVEN that the THIRTY-EIGHTH ORDINARY YEARLY MEETING

the 12th

• CHINA MAIL * SPECIAL

Essen, Saturday.

The London on New York cross- OF THIS COMPANY will be held The annual report of the fam ous Krupp works for 1934 $5 tewas quoted at US$5.00%, at the Office of Messrs. Jardine, shows an increase in the net pro- while the New York on London Matheson & Co. Ltd, on WEND

February, cross-rate was quoted at £"US-NESDAY, fita from 67 to 97 million mak$5.00% as compared with 1996, at NOON, for the purpose as compared with the previous

of receiving he Report of the year. This favourable result,

Directors together with a State which has been obtained despite

ment of Accounts for the rear Jended $1st December, 1835.

The REGISTER of SHARE the Company will be CLOSED from MONDAY, the 3rd Fe bruary 1996 to WEDNESDAY, the 12th February, 1936, both days- inclusive.

the necessity of writing off an in- SHARE MONEY

[creased amount for depreciation.

CONVERTED

is largely attributed to the care- Canton, Saturday. ful and far-sighted policy par

Director Charged Although the initial Three-sued by Krapp's since 1924. Year Plan was completed on During this period earnings

In London December 31, 1935, without any totalling about 200,000,000 marks notable achievements, a second have been systematically reinvest-

MANY CASES CITED Three-Year Plan will be formal ed in undertakings in order to ly put into effect on March 1 modernise the plant and the

London--WHred Holden, announcement methods of production, no divid-directar, Edgware-rold, W was according to an of the Kwangtung Provincialezas having been paid.

Government.

fund

accused of fraudulent conversion

October 1934

Stiare. Transactions

By Order of the Board of Directors,

F. H. CRAPNELL Secretary.

Hong Kong, 27th January, 1936

Ordinance 1932

and

In The Matter of The United: Asbestos Oriental Company Limited

(In Voluntary. Liquidation)

TOTICE IS HEREBY GIVEN

Another factor which contribut-manded on bail at the Mansion House recently accused of COX- "If at first you don't succeeded to the favourable result was the verting to his own use money sent try, try again." is the motto of increase of employment in conto the Enterprise Trust Company, In The Matter of the Companies. high provincial officials The sequence of the plant having been Fenchurch-street, BC for the first plan cost about $3.000.000 worked to its fullest capacity for purchase of shares. He was also for extensive purchases of the first time since the war. Des machinery from abroad, and pite the big increase in profis concerning the City and Provinces the second plan calls for more no dividends will be forthcoming Bank money for similar purposes for 1935, the directors being of Mr. C. G. M. Gwatkin, prosecut- How to raise the funds is 3 the opinion that further improve ling, said that Holden formed the source of wonder to the Proviments in equipment are necessary Enterprise Trust Company, Ltd., cial Government.

N Hence 5,000,000 marks will be al in 1923, to carry on the business!

in pursuance of the Com- Another busi-panies Ordinance. 1932, that a The head of each Government lotted to the special reserve for or sharebrokers. department is asked to draft this purpose, while 2,000,000 will mess, known as the City and Fro-general meeting of the members out his share of the pixa and be placed to the persions reserve vinces Bank, Ltd. was formed in of the above named Company will not to relegate the work to a

be held at the offices of Dodwelk The report states, however, that clerk, as was done hastily in

& Co. Ltd, Hong Kong & Shang- should the situation continue to -1932

Mr. John A. Barton, New Mihai Bank Building, Victoria, remain favourable, the, distributor Hants, said that he had two Hong Kong, The Three-Year Plan is intion of a dividend will be con-share purchase transactions with 10th day of March, 1936, at 11 tended as strong propaganda sidered next year. Trans-Ocean (the Enterprise Trust Both were o'clock am. for the purpose of" value, as it aims at converting Service.

satisfactory. In May he received having an account laid before Kwangtung into a veritable

a letter from the Trust concerting them,

showing the minner in Utopia. The meagre success of

Morris shares, and he applied for which the winding-up has been the first project has made. It

15 Preference shares. He sent conducted, and the property of necessary for the official news-

cheque for 523 1s. 92, but had not the Company disposed of, and of pspers and news agencies to

received a share transfer certi hearing an explanation that may redouble their efforts in giving

[be given" by the Liquidators, and more publicity to the second UNDERCURRENT OF

Mr. John W. Nepean, engineer,also of determining by extrast- CAUTION

Exmouth," said that in March-He

|dinary resolution the manner in sent a cheque for $350 to the City which the books, accounts and and Provinces Bank, who were

"(documents of the Company, and (Continued in Next Column):

of the Liquidators thereof shall“ be disposed of zwang-

scheme.

+

General Chen Chi-tang is the author of this huge scheme. At first it was confined to military. organisation; but later it was extended to everything under Government control.

C. Lights (old) $11:70

$11.80-sa.

D

C. Lights (new) "$8.40 n. HK Electrics $74 sa Macao Electrics $20 n. Sandakan Light $434 b. Telephones (old) $265% b Telephones (new) $10.20 sa China Buses Sh$114.2. Singapore Traction 17/- -b.

Pret. 26/ Singapore Traction

Industrials.

Malabon Sugar $340 m Cald. Macg (Ord.) Sh$19%

HOME RUBBER MARKET

FORWARD PREMIEMS NOT FORTHCOMING

London, To-day. In the rubber market, despite the optimisza percading Micing Lane a cautious undercurrent is becoming a more evident. Many operators regard the apparently

LLOYD TRIESTINO

(Flotte Piramite Lojë

Marittima Italiana. E. Sifake”.

NOTICE TO CONSIGNEES

strong position of the commodity Motor Vessel. Jas not built up on sufficiently te

HILDA*

on TUESDAY, the

Dated this 2íst day of January.... (1936.

DODWELL & COMPANY. LIMITED, Liquidators

sound foundations to warrant the From TRESTE, VENICE, BRIX-anging to pay a deposit in con- sustainment of the present prices. DISI, FORT SAID, SUEZ, ADEN,nection with the purchase of a While all recognise the favourable KARACHI BOMBAY, COLOMBO motor business. Later he applied & SINGAPORE

for the return of the money, but statistical signs, it is pointed out

that the recent advance is mainly ONSIGNEES of Carge are hereby obtained only £75. dre to substantial buying from U informed that all Goeds are-be- zny landed at their risk into the the United States.

Although America's legitimate Godowns of the Hong Kong and Kos trade requirements account for at Kowloon, whenče : and/ạc considerable purchases, as shown from the wharves delivery may be by the estimates, the comparative obtained

Cald: Macg. (Pre), Sh.15 nly small consumers holdings in Canton Ices $11⁄2 b. Cements $9.40

HE Ropes $5.65 b. $5.65

Stores, etc. Dairy Farms $22 2 Watsons $510 sa Lane, Crawfords 36% n Mackintosh $5 n. Sinceres $220 I Wii Powells 70 cts, no. Wing On (EK) $53 b.

Miscellaneous ainments $5 1.

loon Wharf & Godowa Company RAW RUBBER PRICES

Optional carga will not be inded Latest Quotations From

Singapore increasing proportion appear to bere, unless notice has been given 48 hours prior to, vesseľa, zrxival,, but be precipitated by inflationary buy-camied on from port to port to the sing. It is asked what would occur final port of call to which the option

if the rubber balloon thus far extends.

S. C. Enterprises $135 n. Macao "Greyhounds" 32 a. Constructions (old) $13⁄41⁄4 1 Constructions (new) 50 cis. Th Vibro Filing L

Ch. Gort 5 1925 GSB6-

94% 1

drawn.

Messrs B. Joseph & Co.,

received Live

the following quotations from Singapore in:

Jofted by westerly breezes sud-No claims will be admitted after denly finds this support with the Goods have Jest the Godown, and

all Goods remaining undelivered after Straits Currency for Raw Rubber. the 30th inst. will be subject to renz

Spot 24 Up 24 3/4 8 All claims against the vessel must) Additional weight is lent to the argument by the significant fact be presented to the undersigned on February/March 24 % Up

3. 24 36 3 that other consumers are unwillor before the 8th February, or they

will not be recognized ca

April/June 24% Up / b. 25 ling to pay the appropriate neces- All broken, chafed, and damaged Isary premiutus to cover forward Goods are to be left in the Godowns,

25 / Up Ye Bur requirements due to the belief where they will be examined on the that the price level is not likely 20th inst. at 10 am, by, our surveyors to rise sufficiently to make for hasara. Goddard & Douglas in the

presence of Consignees concerned. - ward business profitable Reuter

In the case of dutiable cargo,,con- zignees are requested to inform the

HUMANE KHLER NEAR BODY Imports & Exports Once that they

have such goods for examination,

Lance Corporal Bobert Brownied EX Gort 4% Loan 54% prem Army Veterinary Corps, was found

HK Govt 32% Loan par

Wallace Harpers ** 2.

.::No Fire Inscrines has-been-effect-

Bill of Lading will be countersign-1

LLOYD TRIESTINO. -Queen's Bulding - Hong Kong, 24t's

dead in the bar of a Portsmouthed by hotel with a hinnane killer near

To-morrow.

HAVE TO PAT

•GEE

LER

The Wisdom Of Solomon.

ary, 1936.

July/Se

25.3% Man

TOWN'S ELECTRICITY CUT OFF

The electricity supply of Sitting-* bourne, Kent, was cut off for two- hours when ligh

struck a yower sub

HONG KONG DIRECTORY

1936 ISSUE

NOW

Order Your Copy Early

20022

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