1936-02-27 — Page 8

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

"THE" CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

Authorised Capital $50,000,000 Incorporated by Royal Charter, 1853- Issued and Fully-Paid-up 20,000,000 | HEAD OFFICE: LONDON

Reserve Funds :---

„£6,500,000

Sterling ....

Hong Kong Currency

Reserve....$10,000,000

Reserve Liability of Pro-

prietors

HEAD OFFICE HONG KONG.

THE CHINA MAIL, THURSDAY, FEBRUARY 27, 1936

STEADY

Commerce and Finance

SHARE MARKET

No Change In Silver share quotations issued to-day 2-

Prices

LOCAL DOLLAR

Paid-up Capital Reserve Fund

000,000

Reserve Liability of Pro-

.$20,000,000

prietors

£3,000,000

£3,000,000

Agencies and Branches:

Alor Star

Boils

Zanzon

Amricant

1pol

Klang

Seremban

Kobe

Shanghai

Kuala Lumpur

Kuching

Cawapore. Cebu

Madras

Manila

Eingspoes. Sitiawan Sourabaya TANDERS

Medan

D

New York

Toorkah

Haiphong Hankow

(bak)

Hucbarg

Tsingtao

Fwhere

Yokohama

Zamboange

BOARD OF DIRECTORS

Hon Mr. J. J. Paterson

Chairman.

G. Mäkin Esq.

Deputy Chairman

Hon. Mr. W.H. Bell, C.C. Knight Esq A. H. Compton Esq. T. E. Pearce Esq. S.H. Dodwell Esq., JA. Plummer Esq. Johnson Esq., AL Shields Esq.

V. M. Grayburn. Esq.

M.T.

AYOT

BANGKOK

KATAVIA

CALCUTTA

CANTON

CHEFOO

COLDYBO

FOOCHOW

BARRONG

HAMBURG

HAXXOW

ILOTIO

JOHORE

KORE

FOWLOON

Chief Mag

BRANCHEN "

KUALA LUMPUR

KONDAN

MALACCA

MANILA

MUAR colore)

NÜLDEN

NEW YORK

PEPING PENANG ENDOOX MARX

SAN FRANCISCO

SIANGBAT

SINGAPORE

SoT RABATA

ANGEL PATANI TIESTHIS

TRETO...

TRINGTAO

YOKONANA

Carrel Accounts opened u Loral Currency and

romised for one year or aborter

Pized Day Cency and burling on tavana,

periodex

which will be quoted on egylation.

ALSO up to date SAFE DEPUTY BOXES io Ties TO LET

Bangkok

Batavia Bombay Valeria “ Cambod

Harbi

Як Кор

Foreign Exchange and Geners: Backing business tradacted,"

The local dollar is steady, open- Fing on demand this morning

at 1/3d.

"Spot" and "Forward" silver įremained steady, at 19 and 19-

11716 respectively.

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

Turret Abounty opened and Fixed Depouse 99%. as compared with -US-|

received. Its one year or shoesar perioda ni raias which will be quichead of pplication.

A BREARLEY,

Manager.

Hong Kong, 1st January, 1935.

THE

$4.99, while the New York on London cross-rate was quoted at: US$4.993, as compared with £U.S.$4.99%.

AMERICAN EXPRESS COMPANY, NEW YORK STOCK

INC.

Head Office:-65, Broadway, New York

*Capital

Surplus

Reserves

Hong Kong, 24th February, 1936.† Amsterdam

HONG KONG SAVINGS BANK

The Elibes of time we Band is conduczni by the HONG KONG AND SHANGHAI BANK INO CORPORATION. Ties may be obtained

Put THE HONG RANG AND

CORPORATION. BANKING

SHANGHAI

Y. M. GRAYBURN,

Chief Nuage. Hong Kong, 4th February, 1936.

THE BANK OF EAST ASIA, LTD,

Aulbormed Capita

Paid-up Capt

$1000, O4.30 $ 5,500,000.00 || $2,635.295732

Berve am Ledivided Prof

READ OFFICE GANG KOS

19. De lived. GeneT%)

BARD DIRECTOR fimo "lowing Chainstit

Berig

Bombay

Harmon Hamburg HAY

Baidelberg

latinkan

Jerusalada

- Byszezo

Beme

EXCHANGE

Latest Quotations

February 27. The following quotations from Len- Jon were received last night between |11.00 p.m. and 12.30 p.m.

N.Y. Cotton

NEW YORK STOCK MARKET

General Tendency Downward

EXTRA STOCK SHOULD BE SOLD

NEGOTIATIONS ON TRADE

British Government's

Discussions

London, To-day.

NEW ADVERTISEMENTS

NOTICE

TOTICE IS HEREBY GIVEN that the undersigned-will ne longer be responsible for any com-

COD-

A Parliamentary question to Plaints and debts that may be in the President of the Board of curred on and after 1st. March whe following is the list of local

Trade yesterday elicited the in- 1936, as he is severing his part- Messrs. White: Weld and Com-formation that commercial Lego-nership from the business Bank

pany, New York Correspondents tiations

were taking place with cerned. HK. Bank $1,540 b. 1,550·83

for Messrs. S. E. Levy and Con Peru and arrangements were be All-Creditors are hereby ia- EE Bank (London) £1024'n-

pany, report:-

ing made for further discussionsformed to send in Bills on or be-. Stocks: The market was again with Denmark. The Government fore the 29th-day-of February Chartered Bank $14% The Mercantile Bank And Birregular, with the tendency gen following their declared polics 1936.

erally downward We continue to had under constant review the

Mercantile Bank 513% n Bank of East Asia $73 n.

Insurances

Canton Ins. $270 . Unions Ins. $550 x.

China Underwriters $1.05 b. China Fire-Ina. $430 a. HK. Fire Ins. $260 x International Assee. $924. n.. Shipping

Douglases $36 H.K. Steamboats $5. Indo-Chinas (Pref.), $30 n. Indo-Chinas (Dẹft) $20 .

Shells (Bearer) SS/9 n. Union Waterbost: $14

Antamoks $1.83 1. Balatocs 20 cts. b. Baguio Gold 22 cts. 1.

-U.S.$6,000,000.00 2,183,633.06 870,731.05

BRANCHES:-

Gene

Antwerpe

*Atanas

The Hague

Kouteux Man Nice

May

10.67 10.69

10.71

Napier

N.Y. Rubber

Purpos

March

Paris

15.51 15.40.

13.40

Benguet Consolidated $18.40 Benguet Exploration 14 cts, Big Wedge 21 cts, b Gold Creek 30 cts. I

Perpiny

Chicago Wheat

May

.9949

99%

Gold River 7 etsin. Ipo Mining $1.90 à

Chicago Comm

Itogons 60 cta. n.

May

60%

60%

Salacots 15 cta. 1.

STOCKS:

Vielza Vetuce

¡ Ánaconda

Tokobatha Zurych

Copper

$344

325

3214

Kailan Mining Ad. 13/---- -Langkats (Single) $11 n.

Electric Esad &-

Share

16

16

15%

584

S'hai Exploration Sh$41⁄2 n Shanghai Loans Sh.$4 a Raubs $11.60 2.

39%

33

37

Brussels

Caisuutta

Caza Colorado Copenhage Dublin

Lanburgh

Legeka

Lond Iverpoot

Lugano Luxor Marseille Monte Carlo Hazila

Musach

Shanghal Southwarpton

Singapori

Tacvakn

Branches of American Express Company in Principal cities of United States of America and Canada.

All classes of Commercial Banläng Transactions undertaken.

Personal investment' accounts hand-

Woled. Kong Chuti, Ege P. E. FL 20

Chan Cine Soma. Emp Just Too Cu Non, Eng HIC AS Ting Savvy. Pɔ, Emy.

Kan Tune P. Engu Curt Manager,

BEANCHES AND AGENCIES

Vanám

Just.

Batavia

Babay

Caleutia

New York

Canton

Haiphong Hunker

Honolulu, hobe

Landsa

ܐ Prres

Sac Front

www.w

Sumpti Semarang

Surabaya

wydany

whal

Tokyo

Vansover

Every dure, prins, of Bat Exchange

Lind an approved Cormet Anwounts oproed in on Currency ad Fird Degoula memped for Sortes periode to Love and Formiga Curta

004

west which be quoted on application Ha Depo B 25 2

KAN TONG PA

Chel Manager,

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

C. H-BENSON,

General Manager.

General Motors 58 Montgomery.

Ward

3

5489

N.T. Central 373 U.S. Steel 614 6014 60

The following quotations from Log- don were received last night between 3.30 1.m and 10.30 pm

Silver Spot 19 (last close), 1944 (last received), unchanged.

Silver

Forward 19-11/16 (last) close). 19-11/16 (last received), un- changed.

**

Silver. Report:-India bought China sold. Market quietly steady.

Liverpool Cotton-May 5:68 (last close), 5.63 (last received), .03 down (change).

Venz; Goldfield $3 b.

Docks, etc.

we

possibility of négotiating trade agreements with foreign countries

advise against further commit-i ments for the present and would

sell any extra stock on

An informal exchange of views periods of temporary strength with the United States had taken Business done:-2,040,000 shares.

place, with the object of ascertain. Cotton Although a definite an- whether a basis existed for nouncement as to the Government's negotiation. These had so far proposed selling policy is still

exploratorý na- been only of an awaited with interest, a fairly ture-British Wireless Service. good demand was witnessed, to-day and prices all around showed a moderate advance. The COM- tinuance

of a good demand for NEWFOUNDLAND IN

BETTER POSITION

SOME

British Government Assistance

is cotton-goods offering encouragement to the market.

Rubber: Although prices showed a fair decline to-day, we still holdĮ to the long view and we would† favour purchases

on any marked set-back. When a definite settle-i ment of the Akron tyre strike has been reached and should the res- sa.triction plan continue successful, mic

FK and K Wharves (old)

$100. 11.

London, To-day.

An improvement in the econo- of Newfoundland Position

Colonial

Development Fund to

LIM YONG KWEE,

Partner.

OVERSEA TRANSPORT SERVICE (Cheong Kee)" China Building 7th Floor

ST. STEPHEN'S COLLEGE

THE ATHLETIC SPORTS will be held at Stanley on SA- TURDAY, February 29, at 2 patte

T

All Friends, Parents and Old Boys are warmly invited.

Bus ($1 return) leave Blake Pier 145 pm.

PUBLIC AUCTIONS

THE Undersigned have received instructions to sell by Public- Auction

on

Monday, the 2nd. March, 1935/ commencing at 2.30 p.m.”

at their:Sales Boom, No. 35 Hankow Road, Kowloon A Quantity of VALUABLE HOUSEHOLD FURNITURE ·

we expect a gradual recovering in was reported to the House of

Commons On

the behalf of pricea. Total sales:-116 lots.

Flash: Average daily petroleum Dominions Secretary and it was production during the past week added that a still further in- is estimated at 2,779,000 barrels,provement was likely. (as against 2,774,000 · barrels the The total assistance from 'the'

previous week

The Edison Electric Institute the Newfoundland Government so Chesterfield Suites, Teak Dining estimates electricity production far-approved amounts to $670,500 Room & Bed Room Furniture, Of.. for the past week at 1.942,000,000) This includes two loans of

fice Furniture, Carpets, Rugs, Or- kwb, an increase of 123 per $100,000 each in respect of

naments, Porcelain & Glass Ware, from cent.

the corresponding schemes for fishery development Brass & Alum Ware, Clocks, Pic- period of last year.

comprising:—

and land settlement, designed to assist in relieving the unemploy-tures, etc, etc. ment position-British Wireless

BR and K. Wharves (new) COMMODITY PRICES Service

$971201-

HK., and W. Docks $9 1. Providents (ald). $1.65 z. Providents (new) 50 cts. - Hong Kew Sh$190 . New Engineering Sh Shanghai Docka. $79 a.

Cotton Mills

6/1

Ewo Cottons Sh.$8 p.

Liverpool Wheat-March (last close), 6/14 (last received). 1⁄4 down (change).

Londen Rubber-April-June

THE CHINA & SOUTH SEA BANK, (last close), 1-5/16 (last received).

LIMITED

(Incorporated in China)

Head Office Shanghai

Capital Reserve

$7,500,000,00

$1,500,000.00

1/16 down (change).

Branches Al Important Cities Money Values Show

China

Foreign Exchange and, Gatseța! Banking Business

Waasmetod

THE YOKOHAMA SPECIE BANK Ch will be quoted on spplication."

LIMITED

Established 1880

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

Head Office; YOKOHAMA

Branches and Agencies at

• Alexandria

Batavia Berlin

Bombay Canton

Calcutta

Nagasaki Nagoya

New York:

Osaka

Peria

Peiping

Dairen (Dainy) Rangoon

Fergtien (Makden) Rio de Janeiro

Harbin

Kong

zsinking

Σστις Honolul Karachi

Kobe

London

Angeles

Las Manila

Moji

San Francisco

Seattle

Semarang

Shanghai

Singapore

Sourabaya

Sydnev

Tientsin

Tokyo

Tsingtan

Yingkow

Interest allowed for Current Ac counts.

Deposits received for fixed periods) at rates to be obtained on applice

tion.

C. KISHINAME

Manager. Hong Kong, 12th September, 1935.

POPEYE

Current and Sering Accounts opened and Fixed Deposita revived for one year of shorter paroda

SOU Z CHANG,

Manager. HONG KONG BRANCH:

Dp Varus Road, Central

- Tgl 13505

Manager's Offo ... Formiga Erebsnge Dept. Genen Oce Casier's

THE WING ON BANK, LTD.

Head Office: Hong Kong

26. Des Voeux Road Central Authorised Capital $10,000,000

LONDON BANKERS:-- Westminster Bank, Ltd.

The following quotations have | been received by Rezter.

Prev. Yesterday

RAW RUBBER PRICES

Closing Closing Latest Quotations From

New York Cotton:— March

May

July

Shanghai Cottons (old) Sh.$70 October

December

HK Landa 4% Debentures

100%

Singapore

also

A Few Pieces of Black Wood .

Furniture and

One Pianola, The "Autopiano' Kastner & Co.Ltd. One Typewriter.··

One Portable Gramaphone. One Radio Set.

One Sewing Machine.

Messrs. H. B. Joseph and Co. - On View from Saturday' the- have received the following (29th. February 1936.: quotations in--Straits Currency Terms: Cash on Delivery

from Singapore for Raw Rubber.

Spot 25% Down b., 25 11⁄2 3

April/June 25% Down b

LAMMERT BROS,

Auctioneers.

undersigned have received

July/September 26 Down 4 bustrations to sell by Fablis

October/December 26 Down,

1⁄2 by 261⁄2 & Market: Think only decline temporary.

-11-10 11.30- 10.67T -"10.77 19:28,

10.43 9.89 10.07

9.89 20.08

T

Shanghai Cottons (new) Sh1 January

Spot

9.94

10.12

11.25

11.25,

RETAIL SALES IN

BRITAIN.

Zoong Sings Sh.$12 =. Wing On Textiles Sh. $26 ̧n, Lands, Hotels; etc. HK and S. Hotels $5 n. HK. Lands $354 7.

New York Babber: .

March

15.51

15.41

26 3.

May

15.69

15.554

July

September

15.74. 15.23 15.75

15.62

26 s.

December

16:00.

15.95a

Chicago Wheal:~~

Shanghai Lands Sh.$18 m Metropolitan Lands Sh. $10 -Humphreys $9.70 par

H.K. Realties $585 1.1. Chinese Estates” $34 n. China Realties Sh$ n China Debentures Sh.$60 m

Public Utilities H.K. Tramways $121⁄2 n. Peak Trams (old) $7\n. Peak Trams (new) $3 ́n Star Ferries $87 n.

May

99%

100

July

90%

91%

September

89%

Chicago Com:-

May

60%

61

July

60%

614

Winnipeg Wheat:

May

34%

Jaly

854

October

84%

New York Silk:-

March

May July

1.55 1.52 1.55

1-51 154a 1:462t

Big Improvement

London, To-day. The money galue of retail sales in Britain in January, 1936, was 10.8 per cent. higher thar. in January 1935 Sales of food anti perishables throughout Great Bri- and rose by 12.7 per cent. taia those of other merchandise by 9.0 months per cent. For the 12 ended with January an increase in total sales of 6.5 per cent was all-round advance, shown in an

British (except for piecegoods.

Foreign Exchange and every, des Wireless 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 & Executorship under- taken. Safe Deposit Boxes for hire.

PHILIP GOCKCHIN

Chief Manager,

QUALITY

PRINTING

Prices Reasonable

THE NEWSPAPER ENTERPRISE KUTEU

BIZA ZAIL. 1946.

"Love Thy Neighbour."

ROPENE I'M TELLING YOU THE TRUTH. THAT GIRL IS A

DVLA BRUITIAN

SO YOU'RE A SPV, EH?. "DID YA KNOW THAT WE

SHOOT SPIES?

THE

P

SHANGHAI COMMERCIAL &

- SAVINGS BANK-LIMITED

(Incorporated in China)

Capital paid up....35,300,000: Reserves.

$77,300,000. Capital Savings Dept. $600,000. Reserve Savings Dept. $600,000. Head-Office-Shanghai

A Bank having as its mission the industrial development on China and the fostering of her commercial relations abroad. Hong Kong Ofice

6, Queen's Road Central Phone 31116.

NOU AJOULDN'T GET MADY

AT YOUR LITTLE ZEXA, WOULD YOU? — NIKE

BG.MANZE GANZIE

Yaumati Ferries $201⁄2 ¤. C. Lights (old) $11.30 . C. Lights (new). $8_n. HK. Electrics $744 s. Macão-Electrics '$20 n.° Sandakan LightsTM $43⁄41⁄2.n. Telephones (old) $261⁄2 n: Telephones Azew) $1020⋅n China Buses Shs111⁄4 n.. Singapore Tractions 17/- n. Singapore Tractions Pref. 26/-|

Industrials

Malabon Sugars $8.40 m. Cald., Macg. (Ord) Sh.$194 1 Cald: Macg. (Pref), Sh315 n. Canton Ices $14. Cements $8.85° 1. HK Ropes $5.55 8. Stores, etc. Dairy Farms $22 x Watsons $4.85 n.

To-morrow.

Lane, Crawfords 361⁄2 n. Mackintoshs $5.n. Sinceres $2.40 & Wm. Powells 70 cts. n. Wing On (HK) $55 -

Auction

on

Tuesday, the 3rd. March, 1936 commencing at 2.30 p.m.

at their Sales Room, Duddell Street”

A Quantity of VALUABLE 'HOUSEHOLD

FURNITURE

comprising:-

Messrs. Benjamin and Potts have Deceived the following Straits currency quotations (buy- ers) from Singapore for Raw Rubber:-

Teak Dining Room & Bed Room „25% cts: dowa Furnitare;· Office 8534

Spot

Furniture, 34 Bronze Ornaments, Carios, Car- Apl/June 25% cts. *864

3/4 ct. 86%

July/Sept 25% cts.

pets, Rugs, Pictures, Clocks, Gra-- Oct/Dec. 26% cts.

maphones & Records, Glass & MarketQuiet,

Brass Ware, E P. & Alum Ware, Electric Table Lamps, Typewrit- ers, etc., etc.

Miscellaneous Entertainments $470 n. S. C. Enterprises $1.35 n. Macao "Greyhounds” $2 n. -Constructions (old) $131.

Constructions (new) 50 cts: 1. Vibro Piling $4' a.

Ch. Govt. .5% 1925 · G$Bdr.-

94%

HK Govt. 4% Loan 4% prens

by

FLK Govt 34% Loan par, n. Wallace Harpers $4-ma

PLOP

19

FOR SALE

SPECIAL PRINTED ENVELOPE Commemorating the inauguration of the Air Mail Service

by Pan American Airways from Macan to America..

at 20 ets. per Envelope

GRACA & CO.,

10, Wyndham

The Object Of My Affection."

SO YER A SPYZE WYZIE ?-- BLOW ME DOUPE A PERTY LITTLE SPYZIE-UYITE

also

A Quantity of Black Wood Furniture

On View froin Monday the 2nd... March 1936.

Terms: Cash on Delivery.

LAMMERT BROS..

Auctioneers.

REICHSMARK QUOTATIONS"

Berlin, To-day-The Reichs- mark was quoted yesterday with- Jout guarantee at:-New York, 40.-- 164; Paris, 609; Amsterdam, 59.17;- and London, 12.295. Paris quot ed the pound sterling at 7481 to 74.85, and the US. dollar at 14.99; to 14995-Trans-Ocean Service,

HONG KONG $ DIRECTORY 1936 ISSUE

NOW

IN THE PRESS

Order Your Copy Early

34, Wyndham St.

Ta. 20022