1936-02-18 — Page 8

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Anthorized Capital

$50,000,000 Issued, and Fully Paid-up- 20,008,000) Reserve Fundsg-m

.. 5,500,000 $10,000,000

Styling

Bayer

Beserve

prietors

Deputy Cantz.

· Hon. Mz. W. E. Bell

THE CHARTERED: BANK OF INDIA, AUSTRALIA & CHINA,

Incorporated by Royal Charter, 185%.

HEAD OFFICE: LONDON Paid-up Capital Reserve Fund

£5,000,000 ---$3,000,000

1,000

Reserve Listility of Pro

prietors

£3,000,000

Agmešes and Bruncho

Ipoù

Bombag

Calpita

Cawnpat

Kuching

Cab

"Madrid

Dalle!

Colombo

Manila

Medan

Kalpisng.

How Tack

Hamburg

Priping

Kmaskow

Pakingi

Harbin

HEAD OFRANSK HONG KONG.

BOARD OF DIRIZTOKİ

KE. Delvek, Zaq.

Chaicoma.

C. C. Knight. Eng.

Hon. Mr. LL. Paterson AE. Compton Bag, T. E. Pearce Ea

37. Johnson Esq., J.A. Plummer H30. G. Miskin Esq, A. L. Shields Eng.

To Me Gagyban. Tag

AMOT MANGKUK

KOWLOOX

KUALA LUMPUR

FOXDOX

LATONB

YANNA

MUAB (Johor)

YUKDAN

** KEW YORK

PEPING

PEKANG

BANGOOS

+BATOON

SAN FRANCISCO

SHANGHAI

SISGATORE

BOUKARAYZA

SUSGEL PATANI -

WENTSEN

TOLD

TSINGTAO YOKOHAMA

Cuced Accounts opened in Local Currency and. Find Depeníze resmivaid for qua- your de short periods in Leon) Cocowacy and Sterling

se. hectos vàlch well in quoted on applica

ALBO up to die SAFE DEPOSTI" BOXES

In Tarione Sim TO LEI.

Kabg Long, 1st November, 2005.

HONG KONG SAVINGS BANK

The Berkant of the above Bank in conducă- by *** HONG KONG AND SHANGHAI JANKING CORPORATION. Baies may be Homĺned, can application. JOE CU LUNG LONG 1XD SHANGEL BASKING CORPORATION.

V. K. GRAYBURN,

Chant Manage

Hong Kong, 15th February, 2006.

Foog Sing

Prong

Commerce and

Finance

NEW YORK STOCK MARKET

Market Shows Good Selling Resistance

NEW COMMITMENTS NOT AT PRESENT ADVISED

༥་མས་མལ།

3lessrs. White, Weld and Com for Messrs. S. E Levy and Com- pany, New York Correspondents

boang Foreign Exchange and Guyseni, Zanking businesĮpany, report:-

Content Account opened and Zized Depositu moved for daw your de saque panou at

which will be good on application.

A. BREAFLET,

Manager, Hong Kong, 1st January, 1955.

THE

decision on the TVA case upbeld "Stock: The Supreme Court

the Government's right to . brild the Wilson Dam under the poweza of Congress and also the right toļ sell the power so generated and įthe right to acquire the transmis- |sion system to carry the power to

AMERICAN EXPRESS COMPANY, the market.

INC.

Head Office:----65, Broadway, New York

Capital Surplus

Beserves

_II_S $6,000,000.00

870,731.05

Montawes

Antwerp

BRANCHES:--

Genos Grigo

AAMURO

Baginy

Bombay

The tighe.. Jace

Dopina Hambark

Paramus Pace Handelburg

He

Jazzmalam Landon Liverpoo Inte

Homet G

Edinburgh

Surnation House Carin Macate

Manic

Camp Calcutie Cant Colombo Copenag

Задиркаль

Узноси

Yokams Zacks

The point at issue raised by the stock-holders of the Alabama Power Corporation] who claimed that the Government} had no right to purchase the [transmission system from the Ala- bama Power Corporation. ~ The |Court stated that the right of the Government to acquire and to operate the local or city distribu- tion system was not involved. Hence, the decision followed the facts of the case and not the broader question of the entire SoupTVA authority. The decision was disappointing to the market, as the long delay had created some jhope for a closer split decision. The general market, aside from utility securities, continued to Branches of American Express show good selling resistance, but! are and Codivided Fronts Company in Principal cities of United we would still advise against new

States of America and Canada.

jcpmmitments for the time, due to All classes of Commercial Banking the unusual uncertainty created Transactions undertaken.

by the Supreme Court's decision. Personal investment accounts hand-Business done: 4,720,000 shares.

"Flash: Steel mill activity! The Company offers to intending daring the past week is estimated Travellers the use of the “Travellers 3* 517 per cent of capacity, Cheques" and Letter of Credit and, against 520 per cent the previous In addition, the world-wide services week

of its thoroughly equipped Deputabaneda

THE BANK OF EAST ASIA, LTD.

Authorized Capital

-$13,000,000.00

$ 5,500,000.00

HEAD OFFICE:—VONG KUNG.

20, Dwa Yorax Hood, Centra

BOARD OF DIRECTORS :-

bar Show-son Chow, Chairman.

Lá Toon Chan, Ing. P. E. Emok. Ent. Toat

Pa, Eag

Tan Tang Po, Eng, Chint MuseĒRCİ Li Two Fong, Esq. Managve.

KEANCHES AND AGENCIES ---

Muzika

Amos

Sozle

Sezaria

Melbourne

Bornby

Semarang Shangh

Calcutta Ceston Baphong

New York

Singapore Sourabaya ŻYTKOW

Zyday

BARLOW

Koniala..

Lobe Lowicon.. London

-

Paris

Рырад Penang

Fangoon Saigon San Francisco

Taboa

Testud Lokyo

VASCOSTER Intaharra

Every · description of Banking and Explozje business transected. Loans gmoted on approved

Caswat

Accounts, opened (in Local CumCKÝ and Fixed Deposita ·(movived for came "shorter perioda in Latal and Foreign Curruncion

1 terms - which will be quoted on application.

Sala Deposit Bores To Let.

KS TONG PO.

Chief ManageE.

عداد 10

Travel

*C. EL BENSON,

General Manager.

THE CHINA & SOUTH SEA BANK, LIMITED

(Incorporated in China) Head Office- Shanghai

Capital Reserve

----$7,500,000.00 -$1,500,000.00

LOCAL DOLLAR STEADY

The local dollar is steady, open- ing on demand this MOTDIEZ at 1/3340

"Spot" silver declined 1/16 tá (19-13/16, while "forward” fell;

1/16 to 19-11/16.

The London or New York cross- Branches-All Important Cities in rate was quoted at 5-US$

China Foreign Exchange and General Basking Bes99, as compared with us THE YOKOHAMA SPECIE BANK Curront and Bering counts opened and Pad $499% while the New York on

LIMITED

Established 1880

Capital (full paid-up) Yen. 100,000,000| Beserve Frid

Ten. 127,450,000

Head Office: YOKOHAMA

Branches and Agencies at

Alexandria

Batavia

Berlin

Bombay

Canton

Nagasaki

Nagoya

New York

Ozaks

Pazia

Pelping

Deira (Daly) Rangoon

Fengtien (Mukden) Rio de Janeiro

Hamburg

-San Francisco

Hankow

Seattle

Harbin

Semarang

Eong Roa

Shanghai

Honelala

Souzabaya. Sydney Tiendain

Singapore

Brinking

Karachi

Kobe

London →

Tokyo

Los Angeles

Manila

Hoji

Tsingtau Yingkow

Interest, allowed for Current · Ac-

·Deposits received for fixed periods

at rates to be obtained on application.

G. KISHINAMI“

Manage “Hong Kong, 12th September, 1556,

POPEYE

Deponum cograć the one year or short pics London cross-rate was quoted at lat rates which will be quoted_on_application

£ US$498, as compared with £ US $5.00%

BOU Z CHANG.

HONG KONG BEACH:

2. Des-Vaux Bond, Centesi..

Manager's Othon

Ol Oder Foreca Exchange Dept

C

THE WING ON BANK, LTD.

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

BERLIN SHARE MARKET

Berlin, To-day-Great caution! was shown on the share market yesterday, despite the good re ports from industry and the fact that the Automobile Show was a great success. Call money stood at 2 to 2% per cent. Trans-Ocean;

LONDON BANKERS;——. Westminster Bank, Ltd... Foreign Exchange and every der Service. cripton of banking business transact- ed

Current Accounts and Savings Ac•| [counts' opened. Fixed Deposits: re- ceived at rates which will be quoted on application.

Trusteeship & Ermentorship under- takam. Safe Deposit Boxes for hire) PHILIP GOCK CHIN Chief Manager.

QUALITY

DRINKING

THE

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)

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

$7,500,000. Capital Savings. Dept. $500,000. Reserve Savings Dept. $600,000 Head-06ce-Shanghai

A. Bank having as its mission the Industrial development on

China and the fostering af commercial relations abroad. Hong Kong Office —

€ Queen's Rand ́Central

12 Phone #1116.

“Heavy Artillery.”

READ WHAT DU LUROTE

IN YOUR NOTE BOO YOU'RE A SPYŁ

A BRUTIAN SPY

(AND PIA GOING

TEL.: POSPE RIGHT NOWS

SHARE MARKET

TO-DAY'S QUOTATIONS

SHAI STOCK EXCHANGE

Business Resumed Yesterday

NOT MUCH EXCITEMENT. EVIDENT

Shanghai, To-day. Following the order of the Mis The following is the list of localistry of Finance the Chinese Mer share quotations issued to-day:

Binks

EK Bank 1,600 D HK Bank Londő) $1022,

dit.

Chartered Bank 515 1. Mercantile Bank and

£2916 n Mercantile Bank C. 51334 n. Bank of East Asia $13 n. ex.

Instrances

Castor Ins. 5270 1 Unions Ins. $55222 3.. China Underwriters $T b. China Fire Ins. $480 HK. Fire Ins. $260 International Assce. $34 a

Shipping

- Douglases $36 1.

HK. Steamboats $5% n -Indo-Chinas (Pref.), $30 1.

Indo-Chinas (Def) $20 Shells (Bearer) 99/4% 1 Union Waterboats $141. Mining Antamoks $1.80 b. $1.35 sa Balatoes $174 n. Baguio Gold 20 cts. b. Benguet Consolidated $18 Benguet Exploration 13 cts. Big Wedge 12 cts Gold Creek 30 s. 1 Gold. River 7 eis. 2.

Ipo Mining 90 cts. 1. Itogos 361⁄2 ets, IL. Salacota 15 cts. Kailan Mining "Ad. 13/9 m. Langkats (Single) $11 1 Shai Exploration St.$41⁄2 he Shanghai Loans Sh.$4 n. Raubs $1140 5.-——— Venz; Goldfield $3 3

Docks, etc.

chants Stock Exchange resumed operations at 6.30 p.m. yesterday, the one and only session lasting about half an hour. The volume of business was modest, being generally not much excitement confined to setting off orders, and

was evident.

Although div.were quoted at more than $4 of a number of issues

the closing level more than

b

EK and K Wharves (old) ...$101 s.

HK and K Wharves (new)

$98.

"

HK and W. Docks $9 n. Providents old) $1

$172/180 sa Providents (new) 50 cts. Hong Kew Sh$190 u. New Engineering Sh.44 n. Shanghai Docks. $73.1.

- Catton Mills Ewo Cottons Sh.$8 i Shanghai Cottoms (old) Sh$70 |

The

-Shanghai Cottons (new) Sh$41:

Zoong Sings Sh $12 i. Wing in Textiler Sh. $25 r. Lands. Hotels, etc. HK. and S. Hotels $54 n. HK Lands $35/42

HK. Lands 4% Debentures

100%

Shanghai Lands Sh.$18 n. ". Metropolitan Lands St. $10 Humphreys $10.40 EK Realties $5.85 m. Chinese Estates $84 1. China Beakties $4. China Debentures Sh$60 n.

Public Utilitšen HK Tramways $13. s Peak Trams (old) $7 bi Peak Trams (new) $3 b. Star Ferries $87, 111

Yaurati Ferries $1914 1

·C Lights (old) $1130 by $11.95|

C. Lights (new) $8 bi HK. Electrics $7234 by $73 sa. Macao Electrics $20 Sandakan Lights $4. Telephonés (old); $251⁄4 i Telephones (new) $10.20 5. China Buses Sh4113⁄41⁄2 n. Singapore Tractions 17 m Singapore Tractions Frei. 26/-

Industrinis

a fortnight ago, dealings in them were not suspended, as the rule was not operative yesterday.

-Observers are, of the opinion that business, once it has started, will soon become normal, again.

NEW ADVERTISEMENTS

M

trol Centres

NOTICE

on Thursday,

The fo

{have been erede a

1. Informal Recepto

THE HONG KONG LAND. INVESTMENT & AGENCY

N

SCO LTD.

FOTICE" IS A HEREBY GIVEN : that FORTY-EIGHTH OB- DINARY "GENERAL - MEETING OF SHAREHOLDERS in this at the Company will be held at the Of-

Hong Kong Hotel, first floor, fices of Messra. Jardine, Mathesom at 4.30 p.m. to met her. Guests & Co. Ltd. on TUESDAY, 10th. wishing to have tea will March, 1936, at NOON for the please make their own ar-Purpose of receiving the Report rangements, with, the Hong of the Directors together with the "

Statement of Accounts for the "Kong Hotel~~~~~~~

Public Lecture by Mrs. San-Fear ended 31st December, 1935. ger at 5.50 p.m. at the Hong The REGISTER of SHARES OF Kong Hotel Roof Garden. the Company will be CLOSED- 3. Dinner in her honour at 850 from MONDAY, 24th February, to p.m. at the Hong Kong Hotel TUESDAY, 10th March, both days Roof Garden ($200 per head). inclusive, during which period 'no Musical Programme arranged transfer of shares can be regis Evening Dress optional. Retered. servaton to be made, at the

Hotel before Directors. Hong Kong

February 19th.

You and your friends are cor

It is not quite clear what decision dially invited to attend any or all

The Reception Committee.

COOK'S BANK

had been arrived at by the brakers of the above functions. « which resulted in the resumption of trading. It appears that, the request for permission to buy new bonds was granted by the Ministry of Finance, but the peti- tion to abolish the Ministry's rul-] ing that all transactions be coa- cluded by the actual delivery of Igoods was rejected. Trading for the time being is confined to the previous Government bonds. Reuter

Liquid Balance

Sheet

-DEPOSITS FULLY COVERED

The balance-sheet of Thos. Cook (and Son (Bankers) “Limited, made October 31 last shows as up on

exceptionally strong |Liquid" position. The various cashį |items "amount to £2,587,650, and are equal to 79.8 per cent of the de- posits, which amount to 5,241,664,] compared

53,182,992 jan

|RAW RUBBER PRICES an

Latest Quotations From

Singapore

-

By Order of the Board of

0. EAGER,

Secretary. Hong Kong. 17th February,, 1936.

PUBLIC AUCTIONS

TER Fadersigned have received": instractions to sell by Public

Anction

04

Wednesday, the 19th. FebruarY, 1936 commencing at 11:44 am.

at their Sales Room, Duddell Street.

1 Electric Motor.

16 Cases Butter,

1 Electric Machine.

4 Cases Mustard.

4-Barrels Soap Flake.

1 Barrel Soda Ash

1 Barrel Shampoo Powder.

1 Barrel Stearic Acid.

also

Messrs. B. Joseph, & Co., 1934 If to the cash be added have received the following #95,000 of money employed at call quotations from Singapore in and short notice, and £102,696 of Straits Currency for Raw Rubber bills, deposits are covered by Spot 25% Down 4 b. 26 s.” liquid assets to the extent of 83 April/June 26 Down by per cent.

Gramaphone Motors & Acces- This high liquidity has been alsories, Electric Goods, Elastoplast consistent and outstanding fea Dressings and Plasters, etc., etc.

28 % s

July/September 26 1⁄2 Down

b. 26 5% 3.

October/December 26

1/2 b., 26 % & Market: Quict

"iture of the bank's balance-sheets Downjsince its inception. The whole of

INDIAN RAILWAY

BUDGET

Enormous Deficit Disclosed

and

the capital of the French subhold & Office Furniture. sidiary, Thos. Cook and Sos, Bankers (France) Limited, is held

A Quantity of Valuable HousE». Terms: Cash

by the English company; and is in- cluded its balance-sheet at be- low cost, the book value being £20,000.

Reserve Fund

The pablished reserve fund is £125,000, and is equal to the issued capital of the company, as shown in the subjoined table:-

Oct 21, 1935.

New Delhi, To-day. The Indian railway budget was Liabilities presented to the Legislature yes Issued capital terday. The deficit for 1935-36, Reserved of £2,000,000, was more than an-Deposits, &c the commercial lines and $500,000 Balances with ticipated. About £1,500,000 was on Cash

Assets

on the strategic lines.

£

Oct. 31.

1834

S

125,000 125,000 125,000

3,241,664

125,000 3,182,993)

613,978

416,258

bankers, on de- posit

of Currencies in

hand

The deficit will be made up from the depreciation fund 1936-37-Reuter's Bulletin Ser

vice.

HK Ropes $5.55 ni

Stores, etc..

Remittances

tangit

Money at sali and short no- tice

162,121

on Delivery LAMMERT BROS.,

Auctioneers Hong Kong, 18th Feb., 1936.

THE undersigned have received

instructions to sell by Public

Anction

ON

Thursday, the 20th Feb, 19367

commencing at 230 pm

at their Sales Room, Na 35. Hankow Road, Kowloon

A Quantity of

VALUABLE HOUSEHOLD

DR. FURNITURE

„798,750) comprising:-..

Teak Dining Room and Bed". 25,715 Room Furniture, Office Furniture, 134,154 Chesterfield Suites, Carpet -and Rug, Gramaphone and Records, Glass and Brass Ware, Pictures, 160,000 Ornaments, Clocks, Porcelain and- 163,654

EL. P. Ware, etc, etc 551,460 160,403|---

also *Excluding those in subsidiary companies.

95,000 Bills discounted 102,695

Dairy Farms 5011⁄2 5, $2171⁄2 sa. Investments* Watsons $4.88 1

Lane, Crawfords $63⁄4 n.. Mackintoshs, $5. Sinceres $2.70 3

WE Powells 70 ctx. n.

•Wing On" (HK) $55′′n.

Miscellaneous Entertainments $4.70 n. S. C Enterprites $1.35 n. Macao "Greyhounds" $2.1. Constructions (old) $13⁄41⁄4 1 Constructions (new) BU• chan Vibro Piling $41.

Ch. Govt 5% 1925 -G$B34-

94% 12

LE Gort 4% Loan 4% rem

Malabon Sugars $8.40_n. Cald, Macg. (Ord) Sh$191⁄21⁄2 n. Cald: Macg. (Pref), Sh$15 n. "spect Canton Ices $1% I Cements $8.80

TLL FIX

YOU!

COME BACK

BERE:

HLK Govt 34% Loan par z Wallace Harpers. 4.

Advances

Substantial

are also held,

436,530

*209,509

,

|- A Few Pieces of Black internal reserves Furniture

Of the investments, which stand in the balance-sheet 486,530, $408,932 is represented by BritishOne Bad Government securities and $50,057 by India Government securities.

REICHSMARK QUOTATIONS

Berlin, To-day. The Reichs- mark was quoted yesterday with- out guarantee at:-New York, 40.70; Paris, 609.25, Aus 59.215; and London, Trans-Ocean Servi

"Love Is Blind.

and

One "Singer" Sewing Machine. Two Hand Sewing Machines.

One Essex Tourer, 5 Seater Motor Car

On View from Wednesday 19th February 1936.

Terms: Cash on Delivery.

-LAMMERT BROS.:

Hong Kong, 17th Feb, 1936-

HONG KONG S DIRECTORY

1936 ISSUE

NOW

IN THE

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