1936-02-21 — Page 8

BANKS

HONG KONG AND SHANGHAI

THE CHARTERED BANK OF

BANKING CORPORATION - INDIA, AUSTRALIA & CHINA, Authorised Canibal $50,000,000) Incorporated by Royal Charian, 1853 Larued and Fully Paid-up - 20,000,000 Reserve Funds:.....

ki,

Starling £6,500,000

CAHRAD OFFICE: LONDON

Paid-up Capital

2.000

Skyet.

..$10,000,000.

...

Reserve Fund

Reserve Thability of Pro-

prietors

„000,000)

| Reserve Liability of

prietors

Agencies and Branchers

HEAD OFFICE: BONG TONG. BOARD OF DIRECIDES

Dodwell, Eng.

Chairmans

Iright. Ing.

Deputy Charoman.

Hon. Mr. W. H. Bel

Eon. Mr. J. J. Paterson) chi

4.E. Compton Esq., L. E. Peroes Esq., Colombe.

ME. Johnson E, JA. Planner EEG Terpinne

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

BANGEDE

BLLA VIA

OLLOUTTA

CHEFOO COLOSTRO

DACKEN PROCHOW

HAIPHONG

HANKOT

MARZIN MONGELM

JOKOKE

TOZZ

V. M. Ghaghan, Tag

Chiat Manager

POLANCES *-

IOWLOOX KUALA LUMPUR.

LONDON LTOSS

MÄNTEL

XURDEN XEW YORK.

JEIFING

PEXANO

RANGOON

SAIGON

SAN FRANCISCO

SHANGHAI

SINGATORE.

SOURABAYA

SUNGEL PATANI TEXTAIN

TOKYO

TRINGTAO

TOKOHAMA

Deedate spaced in Local Cursocy and Pizač Dupatta wowed for our w* barter periode in 1mon Currency and Surling sa here which will be quoted, of application

ALSO up to dam SAPE DEPOSIT FOLES

riosism TO LET.

Long Lons le Sownbe, NIS.

HONG KONG SAVINGS BAIK

The Design of the shore Bank in costant-

od by the UNING KONG AND SHANGHAI SASING CUSPORIZON.

btained “om agglostico.

Xemberg

Bandar

Sing Sing

Tomicy Exchange and Gunseal. Baking business

THE CROMA KIL FRIDAT, FERRITA

Commerce and

Finance

FASTEST TRAIN IN WORLD

The New "Flying Hamburger"

RECORD SPEEDS ATTAINED

** CHINA 'MAIL " SPECIAL

Berlin, To-day. The highest speed ever attained jby the so-called "Flying Hambar- ger, which at the time of its inauguration about two years ago. Oumant sounds opened and Flad Dei 0 the run from Berlin to Har- pegged for one quer de amortar perioada in cam barg was acclaimed to be the which will his, quoted on application.

iworld's fastest train, is to be A. BERABLEY,

Manager eclipsed by what is to become its

|descamoted.

Hong Kong, 1st January, 1935.

THE

successor, the three-sectioned Diesel-electrić fast train, which at lïts trial rum made a record of 205. kilometers per hour, that is over

AMERICAN EXPRESS COMPANY, 128 m.p.h.

INC.

Head Office: 65, Broadway, New York

Capital

Surplus Eeserves

US$8,000,000.00

2,183,533.06 870,733.05

BRANCHES:-

Klos Карли Pleas

Peping

Berna Shanghal Southampton

Amandan Antwer

Gedic Giano

The Eugue

Hawaza

Be

Hamburg

Brian

Bombay

Baie may be

Braman

Eromain

Cairo

Taideles Interlaken Germaniaco London

Calcutta

Látexpock

Ca

Chint Manage.

Colenbo Copenhagen Tubha

Tenders

LATOR

THOMA

Vykon

Edinburgh Ficos

Manila

:

FOR THE HONO FONG AND SHANGHAI HATTING CORFORATION.

V. M. GRAZBIEN.

Hong Long, a Fabrary, 1985, **

THE BANK OF EAST ASIA, LTD.

Singapore

Yokohama

This is all the more remarkable i as the trip was not prepared be- forehand. This new type was only bailt to give an average of 160 to: 170 kph, but as the results show, it is capable of far more if need be.

Experts--stress that as this vehicle carries its own source of suca power, the attainment of high velocity is even more remark- able than it would be in case of electric locomotives or cars draw- ing power from a high-tension cable.

As the new train will consist of three cars instead of the two on the "Flying Hamburger," it will be much more profitable in run- aing. This record speed will pa- American Express turally not be maintained in rou- wwers and Undivided Prošim mummið ikki N Company in Principal cities of United sine service, but still, with the

States of America and. Cazača.

SWA.001.000.00

8.50.500.00

Authorim Capital

Puidup Capital sta

HEAD OFFICE:-BONG KONG.

34, Des Vaux Bonč, Central,

BOURED OF VIRECTORS 2ourn

Bir Shops Cozy,› CharTIONIS,

If Leon Chun, Enga P. E. Em, Escs,

Im Tong. Eng... Chên Chăng bunko Egun

Bombay

Kumch

Branches

میں

All classes of Commercial Banking Transactions undertalcro.

new train the Berlin-Hamburg run will again be done in a some--- what shorter time than before-

Personal investment accounts hand Trans-Ocean Service.

Wong Che Son, Eng. and Eat Yang | Jed.

Tao Tung Pa. Zato Chief Maunga.

11 Two Fong, Eng. Manage.

BRANCHES AND AGENCIES ——

Manila Melbou

Sock Cake Peca

Blasphong Hackow

F'empang

Mzanolain

Pasang

Kowloo Lesion

Thangooo bagco

En Franciaco

BONTHLY

Sydney

bok -Settin

Zoigo Vancouver Jakobere

Every description of banking and Exchange: Duchek, trsneseted Losos gracized on sppromet

Curren etzte opened in Local Comacy and Pized Depositu mosiend Jor one or shoesses perioda im Loes and Foreign Camboise A same, which will be quoted on appliation.

Race Deposis Baza Just

KAN TONG PO.

Chief, Macres.

The Company offers to intending

Travellers the use of its "Tervollets

Cheques" and Letters of Credit and BRITISH TRADE

In addition, the world-wide services

of its thoroughly equipped Travel Department.

C. H. BENSON,

General Manager.

THE CHINA & SOUTH SEA BANK, LIMITED

(Incorporated in China) Head Office-Shanghaf

$7,500,000.00 $1,500,000LDO

Capital Reserve Branches-411 Important Cities

X-China

Foreign Exchange, and Ginowal. Basking Bus THE YOKOHAMA SPECIE BANK Cam and Baring down opened and

LIMITED

Established 1880

Į „Deposit ronivad. for one gone or sheekor patiods Ens calme which will be quoted_on_spplication

Xansgre

LONG KONG BRANCE: 34, Der Taus Bond, Catis). Mazagar's "Ome

General Offen Cashier'

TAL. 23505

Capital (full paid-up) Ten. 100,000,000 ongs Dept. Reserve Fund

Yen. 127,450,000

Head Offer: YOKOHAMA

Branches and Agencies at

Alstandria

Betavis

Berlin

Bombay

Ostertta

Canton

Dairen (Dalry)

Nagasaki Nagoya New York Ozsta

Tengtien (Mukden) Río de Jendro

Hamburg

Hankow

Hong Kong

Homeinin

Paria

Peiping

Rangoon

San Fermobes Beattie

Los Angeles

Manila-

Boj!

Hainking

Karachi

Kobe

London

Ac

Interest allowed for Gun

exte

Deposits recei

at rates to be obt

Bong: Frug, T2th San

HONG KONG HEIGHTS

For the information of visitors the following list of some of the highest points on the Island and Mainland is published:—

ISLAND

Victoria Peak Signal Station:

Fut

1,774

THE WING ON BANK, LTD.

Head Office: Hong Kong - 26. Des Voeux Road Central. -

Authorised Capital $10,000,000

OUTLOOK

Australia Her Best Market

London, To-dzy. The Premier of Queensland visited the British Industries. Faiz at Birmingham and advocated re- ciprocal trade between Australia He said that Aus- and Britain. tralians preferred British goods and that "Australia is your best market."Reater's Bulletin / Ser- rice.

FRENCH CREDIT

IN BRITAIN

Statement In The Commons

TECHNICAL ARRANGEMENTS PROPERLY MADE

NEW YORK STOCK MARKET

Outlook Appears Favourable

CONTINUED CAUTION SUGGESTED

NEW ADVERTISEMENTS

BANK HOLIDAYS

THE EXCHANGE BANKS will

open är 9.30 and will close at 12 Noor for the Transaction of Exchange Business, op MONDAY, [TUESDAY, "and WEDNESDAY, bruary, 1996. (RACE MEETING). Hong Kong 21st February, 1936.

SHARE MARKET

TO-DAY'S QUOTATIONS

London, To-day. Messrs. White, Weld and "Com the 24th 25th and 26th. Fe- The Chancellor of the Exche pans. New York Correspondents The following is the list of local quer, Mr. Neville Chamberlain for Messrs. S. E. Levy and Coo share quotations issued to-day-was questioned yesterday in the

pany report House of Commons regarding the

Stocks: In view of the fact that sterling credit *to France utility stocks were well bought at He replied that the French around today's low levels and HONG KONG CRICKET CLUB HK. Bank Condon) $102 1. ex} Governmers had recently

only a nominal rise in div.

formed: - him of desire

TENNIS TOURNAMENT to brokers loans is reported the raise a banking credit Lonearby outlook of the market apTHE CLOSING DATE for en-

pears

Banka

FK Bank $1,580 82.

Chartered Bank 54% 1 Mercantile Bank A. and

#291⁄2 1

Mercantile Bank C. £18% 20. Bank of East Asia 373 1

Insurances

Canton Iris. $270 1. Unions Ins. $5521 & China Underwriters $1. b. China Fire Ins. $450 n.. HK. Fire Ins. $260 m. International Assce. $31⁄4 3.

Shipping

Donglases 436 1. HK Steamboats $5%. n. Indo-Chinas (Pref.), $30 m Indo-Chinas (De) $20 m. Shells (Bearer) 90/- 1.

&

in-that

don. The House would recollect De favourable Never Tries for the above has been

THURSDAY, 27th.

on "MONDAY 9th.

that in 1951, owing to the good theless, we continue to suggest extended to offices of the French Government caution and we would prefer to February and the TOURNAMENT His Majesty's Government obtain-accept some profits in any further will open ed a large banking credit in Paris, rapid rise in prices Business arch land on the present occasion, done: 3,460,000 shares.-

on the occasion of the similar

Wheat Actual substantial re-i operation in 1933, he was glad to plenishing needs for four be able to perform a similar ser noticeable. vice and to convey to the French traders to purchase May contracts. Government his consent to their Total sales: 14,139,000 bushels. proposed borrowing.

The credit was for a total of! (-540,000,000 for a period not ex-]

ceeding nine months. The Chan-

cellor added that when he gave his consent to the operation be Įnaturally had in mind the posi

Union Waterboats $14tion of the exchanges, and satis-

Mining

We would

are

advise

Hong 11936.

NEW YORK STOCK

EXCHANGE

Latest Quotations

February

A. K. MACKENZIE

Hon. Secretary- Kong, 21st February,

CONSIGNEES NOTICE

BURNS-PHILP LINE

From MELBOURNE, SYDNEY, SALAMAUA, RABAUL SANDAKAN & MANILA

ons and/or exhua hazardous Godowns of The Hong Kong and Kowloon Wharf & Godown Co, Ltd, whence and/or from the wharves delivery Įmay be obtained.

fied himself that the proper tech-

M. V. “NEPTUNA” "Aztamoks $1:80-ba

inical-arrangements had been

Consigneer of Cargo are hereby Balatoes 20 cis.. b.

(made between the central banks.

The following quotations from Lon-informed that all Goods are being Baguio Goid 22 cts. sa-

Answering a member who en- don were recived last night between landed at their risk into the hazard- Benguet Consolidated $18.40 b,quired about the outstanding în-111.00 pm, and 1230 pm.

$133 sa

debtedness of France to Great!

N.Y. Cotton Benguet Exploration 13 cts. n. Britain, the Chancellor said that

May Big Wedge 12 chis. The

the last payment received from S.Y. Rubber Gold Creek 30 ets. n.

March France in respect. of war debts Gold River 7 ctx. n.

was made in June 1931, and since Chicago Wheat

May Ipo Mining 90 cts. 1.

that date payments had been sus- Chicago Corn Itogons 60 cts, bi

pended, in accordance with the May Salacots 15 ets. 1.

arrangements made at the Lan-STOCKS: Kallan Mining Ad: 13/9 m.

anne Conference-British Wire-Anaconds Langkats (Single). $11 n.. less Service. Shai Exploration Sh.241⁄2 ne Shanghai Loans Sh$4 n Ranbs $11.40 sa. Venz; Goldfield $3 b.

Docks, etc.

HK and E Wharves (old)

$100

EK. and K. - Wharves (new)

$972

FK. and W. Docks $9 mi.. Providents (old) $1.65 sa Providents (new) 30 cts. Dhe Hang Kew. Sh.$190 n. New Engineering Sh.34 m. Shanghai Docks. $79 n.

Cotton Mills

Ewo Cottons Sh.38 n Shanghai Cottons (old) Sh.570

Shanghai Cottons (new) Sh.$41

Zoong Sings Sh. 12 a. Wing On Textles Sh. $25 n ̧ Lands, Hotels, etc. HK and S Hotels $5 m FLK Lands $3572 D HK - Lands 4%

130% n

BRITISH TRADE FIGURES

Improvement Shown Last Year

INDUSTRIAL PRODUCTION.

INCREASES

London, To-day.

6:1

が

15.43

10.91 10.87

15.41

10.8

98

15.41

98%

612

Coyper

$54

345

345%

Electric Bond &

Share

16

15%

15%

General Motors 50%

60%

Montgomery

Ward

38

3512

384

N.Y. Central 39

392

39%

U'S. Steel

63%

603%

No claims will be admitted after the Goods have left the Godowns, and all Goods remaining undelivered after the 27th February will be sub- jject to rent.

Al

claims against the steamer must be presented to the Undersign- {ed on or before the 19th March

they will not be recognized:

To comply with the General Bond- ed Warehouse Regulations consignees must have a Revenue Officer in at- tendance when damaged dutiable goods are examined.

All broken, chafed, and damaged The following quotations from Lon-Goods are to be left in the Godowns, don were received last night between where they will be examined on the 5.30 pm and 10:30 pm.

26th February at 10 am, by Messrs. Silver Spot 20-1/16 (last close), Goddard and Douglas.

20

down

No Fire Insurance has been effected.

Hong Kong, 20th February, 1936.

1/16 (last received), {(change)

Silver Forward 195 (last close),! Bills of Lading will be counter- 19-13/16 (last received), 1/16 down signed by [ (change).

GIBE, LIVINGSTON & CO. LTD.

Agents. Silver Beports--India and specs- lators

Market bought and soiti quiet The Board of Trade inder of Liverpool Cotton-May 5.53 (Tast industrial production in the Unit- close), 580 (last received), „03 down ed Kingdom in 1935 was 7 pez) (change).

The Liverpool Wheat-March 5/11% cent greater than in 1934.

(last close), 6/05% (last received), 18 improvement was distributed

up (change). throughout the four quarters, the London Rubber-April-June. (buy- advance in the second half of the¦ers) 7% (last close), TX (last re- year being slightly greater than ved), unchanged. in the first six months

The activity in the manufactur- COMMODITY PRICES ing industries was 7.7 per cent. Debentures greater last year than in 1934, and The following quotations have

represents the highest recorded been received by Bentar. production in those groups since

Shanghai Lands Sh‍$18 n.

BANK OF FRANCE etnolitan Lands Sh. $10 the calculation was first made in

Large Increase In Gold Reserve

London, To-day. An increase in the gold re- serve of the Bank of France of 100,000,000 francs and a de crease in the note circulation of 550,000,000 francs are the fea- Foreign Erchange and every des-tures of the balance sheet of the cripton of banking business transact- bank for the week ended Feb-

ed.

LONDON BANKERS:— Westminster Bank, Ltd.

Current Accounts and Savings Roary 14, showing that the gold counts opened. Fixed Deposit o cover has increased from 70.83 ceived at rates which will be quoted to 7112 per cent.-Beuter az application.

Trostessbly & Exmerztorship unders taken. · Safe Deposit Boxw for hire. PHILIP GOCK CHIN

Chief Manager.

THE

SHANGHAI COMMERCIAL &

SAVINGS BANK4JIMITED

0,000.

(Incorporated in China)

Capital paid up

Bescrres

Capital Savings Depi Reserve Savings Dept

000.

A

the industria & development (en) Ching/Sanditha fostering of her Sommercial relations abr

QUALITY

PRINTING

LOCAL DOLLAR

STEADY

Silver Prices Fall

The local dollar is steady, open- morning ing on demand this it 1/335d

**Spot" silver declined 1/16 to 20 while Horward”” fell 1/16 to 19-13/15

The London on New York CROSS- rate was quoted at US$4.

Humphreys $9.70 z HK Besities $5.85 m. Chinese Estates $84 m. China Reaksies $4 1. China Debentures Sh.260

}`HK Trzzrways $1231 R.

Peak Trams (ald) $7 n." Peak Trams (new) $3 n Star Ferries $87 n. Yammat Ferries $191⁄2 mi C Lights (old) $11.30. n. C Lights" (new) $3 b. HK Electrics $15 ¤.

·Macao Electrics $20 n- Sandalen Lights $43⁄41⁄2 n. Telephones (old) $261⁄2 T Telephones (new) $10.20 n." China Bases Sh$11% n. Singapore Tractions. 17/- n Singapore Tractions Fref.

Indinatrials

respect of 1927, 2

New York Cotton: The index numbers for the DeMarch ¡cember quarter, both for the May manufacturing industries and for July all groups, represents the great- October est volume of production in any December quarter since the information was January first obtained. ——British Wireless Spot Service.

RAW RUBBER PRICES J

£5,000 THEFT IN TOWN HALL Strong-Room Safe Raided

£4,500 FOUND HIDDEN IN PASSAGE

Bournemouth-It was revealed ere recently that 55,000 in Trea- sury notes, cheques and postal or- 11.38 ders were stolen from a safe in the

strong-room of the Town Hall

15.55b

Prev. Yesterday Closing Closing

11.34

10.91

10.85

10.60

10.55

10:25

10:20

10.29

10.22

10321

10.26

11.55

11.60

New York Rabber March May

15.43

15.54

15.70

15.65 15.73

September

15.75 15.95

15.90

16.00

Chicago Wheat: May July

(99

25/-Singapore for Raw Rabber.

Messrs. HB. Joseph and Co-September have received the following que Chicago Com tations in Straits Currency from May

88

614

611⁄2

Huly

61%

61%

Spot 25% Down % by 25% Winnipeg Wheat:- April/Jane 26 b., Unchanged 26 way

83%

83%

July

847

24%

July/September 26 1⁄2 b..

changed 26.3%

カー

October...

83

83%

New York SIK:

1.70%2

changed 26

Malabon Sugars $8.40 n. Cald., Marg. (Ord.) Sh.#193⁄41⁄2 mi Cald: Macz (Pre£), 8k-$15 1. Canton Ices $135 2.

·Cements $8.80 1.

·HK. Ropes $5.55 8. Store, etc.

Dairy Farms Sale 2.

98%, as compared with E--US-Watsons $4.58 z. $4.99% while the New York.on |London cross-rate was unchanged

st £ US$1.99%

İSHIF ́ARD WORKERS” WAGES:

RISE IN BRITAIN.

London, To-day-As a result of negotiations between the ship building employers and the Trade Unions « adult shipyard will receive in April dvance of two shillings per

or four piece-

per

workers

Lane; Grawfords $6 Mackintoshs $5*m* Sinceres $2:40 8 Wr: Powells 70-cts." The "Wing On (ERE)-452

polo 25%mentlasseneur Entertainments $470/14 SC Enterprises $1.35 23 Macso "Greyhounds". $2 2. Constructions (old) $14- Constructions (new) 50¬cia Vibro Piling 34 n-

Latest Quotations From December

Singapore

October/December 261⁄2 b, Un-Marciz

Market: Steadier

LEIPZIG FAIR

Greater Attendance Expected

CHINA MAIL * SPECIAL

Berlin, To-day. The President of the Leipzig Fair, Hary-Raimund Koehler, ad- dressing pressmen here yesterday, said that everything pointed to the Fair this time being a special

(May

July

The police have since found £4,500 worth of missing cheques · and postal orders in an attache case hidden in a passage not far from the strong room. The re- maining 2500 was in cash and this is still untraced.

'Staff Works Late

The money had been received by the motor taxation department for New Year Ecences, and the staff of the department worked late on 88% the night. The deputy controller did not leave until about 9,40, when everything appeared all right

**

1662

169 * 165 -1662 163

INVENTOR OF TALKIES

Special Honour By Germany

* CHINA MAIL.

The Ber lege has com

When one of the staff went to the strong-room between nine and 10 o'clock the following- morning he discovered that the money was missing, f

Neither the door of the strong- room nor that of the safe had? [been forced. Keys had appare hy been used.

YACHTS SAVED FROM FIRE

A boat yard at Netley Abbey Southampton Water,

containing £5,000, WES

yachts worth over saved when fire damaged an/ad- foining bungalowe.

ratos in Stockholm, and in Ber-

Well-known Gemman for

Siemens and

as Erit

Find's

a period

Wireless

HK Govt