1936-03-31 — Page 8

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital

$50,000,000 Imoed and Fully-Paid-up 20,000,000| Reserve Funds:

Sterling...£6,500,000

Hong Kong Currency

Reserve ----$10,000,000

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

Incorporated by Royal Charter, 1853. HEAD OFFICE: LONDON

Paid-up Capital

Reserve Fund

£3,000,000 (£3,000,000

Reserve Liability of Pro-

prietors

£3,000,000

.$20,000,000

HEAD OFFICE: BONG KONG. C

Reserve Liability of Pro-

prietors

BOARD OF DIRECTORS.

Hon Mr. J. J. Paterson.

Chairmati

G. Miskin Esq., Deputy Chairman.

Alor Star

Amaginac Beatos

Bombay

Agencies and Branches:

Dazia

Saraci

IMPRINTE

Shangha

TH

Kuala Lumpur Singapore

Cawapre

Cabe

Hos. Mz. W.H. Bell, C.C. Kaight Esq. Colon AE, Compton Esq., LE. Pearce Esq.

AH. Dodwell Esq., JA. Plummer Exq. MT. Johnson Esq., AL. Shields Esq.

IXOT

V. M. Grayburn, Esq.

МНОГОЕ

MATAVIA

CALCUTTA,

CANTON

COLOMBO DARKA POCICLO T

KAIPHONG HARBURG BANKOW

หม HONUKEW itona

1208

JOSURE

Chist Manage.

BRANCHES

LORE

KOWLOON

KUALA LUMPUE

LONDON

LYONS

SALACCA

MANILA

SICAR Johor)

YURDEN

NEW YORK,

FEIFING

PENANG

SUGON

SAN FRANCISCO

SHANGHA

SINGAPORE

SOURABATA

OUNGER PATANI

TIENTSIN

TOETO

TSINGTAO

ΣΟΚΟΡΑΚΑ

Currant counts opeted in Lpon Currency and

SHE Der at sborr

and Deposcerency and Sterling on Des

pandai Loo

4150 up to date SAFE DEPOSIT BOXES in CONS TO LET.

Hong Kong, 24th February, 1936.

HONG KONG SAVINGS BANK

The Burisons of the shore Bank is congue.

by the HUNG KONG AND SHANGHAI BANKING CORPORATION.

Delta

Haiphong

com

farbus

Hout Kong

Fucking Madras

New York Priping

Sourabaya

Baybac

Pasing

Tricytes

bangs

I'NEILLE

THE CHINA MAIL, THESDAY, MARCH 31, 1936

Commerce and Finance

NEW YORK STOCK

MARKET

Extremely Dull And Irregular

INACTIVITY SHOWN BY TRADERS

SHARE MARKET

TO-DAY'S QUOTATIONS

P

of

The following was the list local share quotations issued to day:

Banki

H. Banks $1,550 . HK. Bank London) £101 Messrs. White. Weld and Com- Chartered Bank £144 n. ex.

Mercantile jpany, New York Correspondents

Bank A. and 31 m Forge dachange and Gesem! Baaking business for Messrs. S. E. Levy and Com-

Mercantile Bank Ċ. £14 n. Bank of East Asia $75 1.

Insurances

faci

Curmat, Atomusta oponat, and Fixed Deposit|pany, report:—— Prometni iar sus post, or shoesse penoda at rates wbusa wil be quoted so appliontima

A "BREARLEY,

Hong Kong, 1st January, 1935.

*THE

-

Stocks: The market' to-day was Manager.extremely dull and irregular. The volume of business done was below the million mark, reflecting the] inactivity on the part of, traders.;

AMERICAN EXPRESS COMPANY, Leading issues on the List regis-

INC.

Head Office:-65, Broadway, New York

.U.S.$6,800,000.00 2,183,633,06 370,732:06

Capital Surplas

Reserves

BRANCHES:

Glangu

Aparta

Antw

AL

The Hague

Have Hamburg Hatto

Reidelberg Inseriakas

London

Barbe Benne

13+ word

Bales may be

Canda

Бе

ebraised on application.

Colambe Laspetkagra Dubúa

Lugano

Exdimung

HOM

Munte Kencan Mantis

ÜRITA

POS THE HONG KONG AND SELANGHAI BANKING CORPORATIOS,

い

V. M. GRATOUR..

Chic Kanger.

Hong Kong. ith February, 1936.

Karunia

Nice

Napina

Pars

Botterdam

Shanghai Southampton- Supe

Vies

Va Muzich

tered minor declines. We would, however, utilise further weakness as buying opportunities for oil and Liutomobile securities. Business

done: 950,000 shares.

Wheat: The cash wheat market was steadier. We reiterate that the shortage of deliverable grades jof Chicago wheat continues to a point towards a widening of the) difference between "May and July wheat. Total sales: 11.023,000) bushels

Rubber: An important manufac-. turer was reported as a large buyer of actual abber and others) are expected to follow this exam-i ple. Total sales: 85 lots.

Flash: Steel mill activity during Branches of American Express the past week is estimated at 62.0 per cent of capacity, against 53.0 States of America and Canada.

THE BANK OF EAST ASIA, LTD. many is Principal cities of United

Authorsand Capita

Pandrup Capsta

Besares and Undivided Press

9.000,00,00

All classes of Commercial Banking # 3,525,15960

2685.323.57 Transactions undertaken.

BEAD_UFFICE:-HONG KONG,

10, Des Yous thant, Crossrai,

BARD OF DIRECTORS:-

m Coos. Comezzan.

La Hood La Baj, P. 5. Kwa - W

Personal investment accounts hand. İ lied

The Company offers to intending Yau Tong Chan Churs ram, Eng. La L Travellers the use of its "Travellers

ng, bed. Fold car con Gay, and he X-Cheques" and Letters of Credit and,

Bairia

Bombay

Caribe

جمهرة

Bar Tung Pu, king.. Chief Maraque....

Itong. Enju Moonge.

BRANCHES AND AGENCIES:-

Siwatia

Mure

Dacoraks

New Lorit

L

Pag

Prang

Baithe

ناورانه

per cent. the previous week..

COMMODITY PRICES

The following quotations have bees received by Reuter.

Prev. Yesterday Closing Closing

%

Canton Ins $270 x. Unions Ins. $5574 h.. $561. China Underwriters $1 b. China Fire Ins. $480 n HE Fire Ina. $2361⁄2 International Assce. Shipping

Douglases $36 n. H.K. Steamboats $514 n Indo-Chinas (Pref), $30 n. Indo-Chinas (Def:) $20 n. Shells (Bearer) 90/- n. Union Waterboats $13 n.

Mining

Antamoks $2.15 .

:

STEEL TRADE- IN GERMANY

Outlook Declared Favourable

BUT NO PROFITS FROM “

ARMAMENTS

** CHINA_MAIL" SPECIAL

Dusseldorf, To-day.

DEFENCE OF FRANC

Finance Minister's Statement

UNCOMPROMISING · OPPONENT

OF DEVALUATION

** CHINA MAIL *" SPECIAL

Paris, To-day.

elements

the effect that devaluation

DODWELL-CASTLE - LINE

NOTICE TO CONSIGNEES

S.S. THURLAND CASTLE"

From US. Parti viz Manila

CONSIGNEES of Cargo are hereby informed that the above vessel has arrived and is berthed at Dangerous Anchorage 436 whence delivery may, be obtained from ex ship.

Optional cargo will not be landed

notice here, unless

has been given 48

Douglas, before the goods are deliver- ed.

In the case of dutiable carro,

Another eloquent example of The French Finance Minister hours prior to vessel's arrival, but the remarkable recovery of Ger. Regnier, told French Pressmen carried on from port to port at the Bourse Master's option to the final port of man economics was furnished at yesterday. before

extends the general meeting of the share-opened, that for the third time call to which the option

No claims will be admitted after halders of the Vereinigte Stahl-since May 1935 the Banque dej the

Steel France had seen itself compelled Goods remaining undelivered prior to

Goods

have left the ship, and werke

A. G. (United

the well-known take steps for the protection of the departure of the vessel will be Works), when 1.

Dr. Fritz Thyssen, the currency. This was entirely landed, and stored in per godowns dixironmaster.

"įdue to the malicious activities of and/or lichters the cost of landing occupied the chair.

and stocare being for Consignce's first time for many speculators and "For the

who Account. hoped to proât By poisoning pu- years, the board is able to recom

All broken, chafed. and damaged blic opinion. mend

Goods will be examined on board by a modest dividend of 3% All rumours now circulating to our surveyors, Messrs. Goddard & per cent," began Dr. Thyssen. But when it is allèged by various critics that this is due solely to imminent were lies, declared M. sarmaments profits, this is not egnier, who then gave many res-consignees are requested to inform why the nuance market the Import and Export Office that true, for all profits made an arm- aments were more than outweigh should view the present outlook they have such goods for examina

tion, and to make arrangements for with confidence, namely, the ba- the goods to be landed into Banded ed by the heavy cost of establish lanced budget, the gold reserves Warehouse. ing a plant with the help of

and the improved economic situa- which the, Steel Works could ex?

tion, which gave him the right to ecute such orders.”

to the country to keep {appeal

their heads and pay no attention to rumour-mongers. 31. Regnier declared that he had always been jan opponent of devaluation, and would always remain such. — Trans-Ocean Service.

Balatoes $21. Baguio Gold 28 cts, b, 28 cts. sz Benguet Consolidated $18 Eenguet Exploration .24 cts. 3.,

24 cts. sa.

Big Wedxe 26 cts. Demonstration 66 cts. n. Gold Creek 15 ct.. Gold River 7 rts. n. Itogons $1.05 b.. $1.03 sa. LXL $1.50 b. Salacots 14 cts. b., 1434 cts.

33.

-

Kailan Mining Ad. 11/3 n. Langkats (Single) Sh$10 a. Masbate 73 ct. b.

Shai Exploration Sh.$41⁄2 a. Shanghai Loans Sh.$4 a. Raubs $114.

San Mauricio $1.04 b. $1-07 sa.{

General Director Dr. Ernst For lensgen said that the outlook was very satisfactory. - Trans-Ocean Service..

LOCAL DOLLAR STEADY

C

'Spot" Silver Up

"COMFORTING FACTS" Paris: A categorical denial ofį the rumour that the Government] might consider devaluation

or

ed

counter

No Fire Insurance has been affect-

Bills of Lading will be signed by

DODWELL & CO., LTD. Agents. Hong Kong, 31st March, 1936.

OTTAWA TRADE: AGREEMENT

India

forced conversion, was given yes- Termination Urged By terday by the Finance Minister, The local dollar is steady, open-31. Regnier, who declared that he jing on demand this morning was resolved to defend the franc jat 1/32

with the utmost energy.

"Spot" silver has risen 1/16 to |19-15/16. while "forward” was

steady at 1978.

GOLD EMBARGO?

New Delhi, To-day.

The Legislative Assembly has M. Regnier also denied that passed a resolution by 70 votes.. the Government intended to im- to 65, moved by the Congress. The London on New York cross-pose forced conversion of rentes Party, urging the Government rate was quoted at US$4.95, or a gold embargo. Enumerating to give notice to terminate the as compared with US$494, the "comforting facts which jus-Ottawa agreement. Reuter's- while the New York on London tify the maintenance

of French Bulletin Service, cross-rate was quoted at £-US-credit," he said that the Budget $4.95, as compared with -U.S.-had been rendered healthy by CHAPLIN'S LATEST. $1.944.

substantial economies (the recent vote of an extra 200,000,000

United Paracale 64% ets b., 65 RAW RUBBER PRICES francs expenditure had not dis- turbed the balance), a punctual Latest Quotations From able gold reserves in the world

10

addition, the world-wide services New York Cotton:- of its thoroughly equipped Travel (May Department.

Šestvie

Swagba "L® Surabaya

sydary

July October C. E. 'BENSON,

General Manager. December.

January

11.30.

11.30 10.94 10.90 10.25 10.23

10.23 10.18

10.23 10.18

CTB. & Venz: Goldfield $3 n.

Docks, etc.

THE CHINA & SOUTH SEA- BANK, March (1937)

10.25

LIMITED

Spot

11.70

10.24 11.69

(Incorporated in China) Head Offer--Shanghai

New York Rubber:-

May

15.86

15.88

$7,500,000.00

July

15.95

15.99a

September

16.05

16.08

China

December

16.18

16.19a

Forsign Exchange and Goural Banking Basicowe treated.

Tư

***1

Lanuver

HALLOW Hasily

Loving

Franc

\<konams

• Bewe danception of Backing and Exchange bestbaacted. Los galed on appeyred

BOCLCİLARE.

CUTIES

Áo opened in Loca

Capita! Reserve Currency

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

and Fixed Deposit recevred for one you or shorter periods to Look and Forsiga Curac DAM Wuck mul be quaved on wpplication.

Sa Dep Bozes To Les

EAN TONG PO,

Chal songs.

THE YOKOHAMA SPECIE BANK

LIMITED

Established. 1880.

Capital (full paid-up) Yen 100,000,000

Ten 139,150,000! Reserve Fund

Head Office: YOKOHAMA

Branches and Agencies at

Alexandria

Batavia

Berlin

Bombay

Calcutta

Canton

Dairen (Dainy)

Nagasaki Масту New York

Osaka

Paris

Peiping Ranzoos Fengtien (Mukden) Rio de Janeiro San Francisco Seattle

Hamburg

Haaicom

Harbin

Fons

ondon

Manila

Мој

Singapore

Sourabays

Sydney

Tientsin

Tokyo

Tsingta

Yingkow

Interest allowed for Current Ac- counts.

Deposits received for fixed periods

at rates to be obtained on applica-

Current and Beving dosennie opened and Plast Chicago Wheat:- Depend for one year or shorter eos May

st rates which will be cované noe plantion.

SOC Z. CHANG,

HONG KONG BRANCH

3. Das Tarz Beed. Content.

Kanngue's Off

Formiga Exchange Dept.

General Upics..... Cam's Odon

THE WING ON BANK, LTD.

H.K. and K Wharves $92 1. FLE. and W. Docks $9 n. Providents (old) $1.10 b. Providents (new) 20 cts. 1. Hang Kew Sh.$190 n. New Engineering Sh$4 n. Shanghai Docks $1.$90 n.

Cotton Mills Ewo Cottons Sh.$84 b. Shanghai Cottons (old) Sh.$70.

Shanghai Cottons (new) Sh.$40

**

Zoong Sings. Sh.$12 n. Wing On Textiles Sh.$25 n

Landa, Hotels, etc. HK and S. Hotel $440

EK. Lands $30 b.

96%

97%

74,

July

87%

877%

September

862

$65%

TL

Chicago Corn:-

2:0580

May July

60

60%

60

60%

| Winnipeg Wheat:— May.....

825

July October

83%

$35/

841

New York Silk:~

.1.70a 1.55

1.72a 1.69a

Head Office: Hong Kong 25, Dee Voeux Road Central Authorised Capital $10,000,000 LONDON BANKERS:- Westminster Bank, Ltd. Foreign Exchange and every dea- cripton of banking business transact-þMay ed.

Current Accounts and Savings Ac- counts opened. Fixed Deposits re- ceived at rates which will be quoted}" on_spplication.

Trusteeship & Executorship under- taken. Safe Deposit Boxes för hire.

PRILIP COCKCHIN

Chief Manager,

"QUICK

PRINTING

SERVICE

Plant

THE NEWSPAPER EXTERPRISE LTD.

tion.

G. KISHINAMI,

Hong Kong, 10th March, 1936.

CARA BAIL A

Manager.

POPEYE

**LED

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Inco-prested in China)

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

.$7,300,000. Capital Savings Dept. $500,000 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 Office

6, Queen's Road Central Phone 31116.

"Actions Speak Louder Than Words."

WELL BLOW ME DOWN! THE OCEAN IS FULL,

CF BRUTIAN

BATTLESHIPS

THEYS BATTLESHIPS, OUT THERE - GO TELL ! THE BOYS-ANTELL

EM THEY JUS MUST

NOT GET EXCITED

HK. Lands 4%

100% b.

Debentures

Shanghai Lands Sh$18.

Metropolitan Lands Sh. 310 n. Humphreys $9 11.

HK Realties $5 n.

Chinese Estates $84 n. China Realties Sh.44 n. China Debentures Sh.$60 a.

• Public Utilities HK Tramways $10.40 sa. Peak Trams (old) $7 n. Peak Trams (new) $3 n. Star Ferries $84 n. Yanmati Ferries $19 C. Lights (old) $101⁄2 1. C. Lights (new) $7% n. HK Electrics $53 8., $521 33. Macao Electrics $20 i. Sandakan Lights $8.30 m. Telephones (ald) $25.15 sa Telephones (new) $9 n. China Buses Sh$111⁄4 Singapore Tractions 21/- 2. Singapore Tractions Pref. 26/-

THERE ARE BATTLE - SHIPS LYING OFF-SHORE-

"NOW LISTEN, BOYS-

I WANT TO TELL.

YOU

ONE

THING

Singapore

Treasury, one of the most formid-|

and economic activity on the road to real recovery, in the directions Messra, H. E. Joseph and Co. of transport development, increas-| have received the following ed business turnover and a rise quotations in Straits currency in agricultural products.—Reu- from Singapore for Raw Bubber. ter.

Spot 26 b., Unchanged 26 1⁄4 5.

April/June 26 1⁄4 b., Unchanged BERLIN SHARE MARKET

26 1/2 5.

SUCCESS

Crowds Rush To See "Modern Times” -

STRAND TRAFFIC HELD UP AT LONDON OPENING

measures · were-

. Special police taken to deal with the crowd and the traffic when the new Chaplin picture, "Modern Times," presented at the Tivoli Theatre,

was

July/September 26 b Un-Berlin, To-day-Although the London, last, north.

result of Sunday's Reichstag eleo- A.. large crowd gathered to b. Un-jtions made a very deep impression watch celebrities arriving and

changed 26 % 5. October/December 26

changed 27 a Market:-Undertone firmer.

Industriala Malabon Sugars $8.40 m. Cald., Macg. (Ord.) Sh.$19% Call, Mecg. (Pref.) Sh.$15 D Canton Ice $11⁄4 1. Cements 38-20 n. HK. Ropes $4

Stores, etc. Dairy Farms $194 1. Watsons $46 B Lane, Crawfords $63⁄41⁄2 n. Macintoshs $5 n. Sinceres $2 a. Wm. Fowells 70 cts. T Wing On (EK), $55 1.

Miscellaneous Entertainments $4.70 n. SC Enterprises $185 Macao “Greyhounds" $2 n. Constructions (old) $18. Constructions (new) 50 cts. 2. Vibro Piling $4 D. Ch. Govt 5% 1925

94% Ti

b.

on the Bourse it was without per-leaving the theatre, and it is es- ceptible influence on the share timated that at

one time there- market. Bank customers held was a queue of 850 cars.

REICHSMARK QUOTATIONS

Berlin, To-day. -The Reiche

Omni-

000-

off, preferring to wait for the new buses made "through" journeys Geleman peace offery Dye along the Strand to avoid con Trust shares reached a new

re-gestion, and traffic was restricted cord of 161. Call Money, stood to that half of the street at 3 per cent. →→ Trans-Ocean cupied by cars depositing ticket- Service.

{holders at the Tivoli.

Owing to national mourning, there were few brightly-coloured evening dresses.

The majority were black, white or purple. :

"Modern Times" had an e--- thusiastic reception

зд from audience that included герге quoted the Pound sterling at 75-sentatives of the Press from all 10 to 75.13, and the US. Dollar at parts of Europe. 15.175. to 15.38.- Trans-Ocean Continent was so great that there Service.

mark was quoted yesterday with- lout guarantee at: New York, 40.08; Paris, G10; Amsterdam. 59.11; and London, 12.36 Paris:

DRILLING FOR OIL BEGUN IN GREAT BRITAIN

London, To-day. The Secretary to the Mines De-I G$Ed«partment yesterday inaugurated

Interest on the

were" telephone calls from as far ļafield as Czechoslovakia to ascer- tain, how the picturë..., had beèn. received.

CYCLED OVER SNOWDON

Mr. William Bowley, a'. Melton at Partsdown, in Hampshire, the Mowbray jeweller, who has been a

H.K. Govt. 4% Loan 47% prem. first deep-drilling plant erected in cyclist for over 80 years and once- Great Britain under the Petroleum rode a wooden-wheeled bicycle over Production Act, 1934. British Snowdon, celebrated his 90th birth-- Wireless Service.

HK Govt. 32% Loan par. 1. Wallace Harpers 44 n-

To-morrow-

The Cock-Eyed World."

DONT GETH EXCITED!

day last me

month.

HONG KONG $ DIRECTORY

1936-ISSUE

NOW

ON SALE

THE NEWSPAPER ENTERPRISE LTD.

yndham St.'

Tel. 20022