1936-04-07 — Page 8

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION ·

THE CHARTERED-BANK-OF INDIA," "AUSTRALIA & CHINA

Authorised Capital ...............$50,090,005 Incorporated by Royal Charter, 1853) Isted and Faby-Paid-up 20,000,000). Reserve Fundez-m

Sterling -£6,500,000

Hong Kong Currency

..$10,000,000

Reserve Liability of Pro

Reserve

prietors

HEAD OFFICE: HONG KONG,

BOARD OF DIRECTORS,

Hon. Mr. J. 3. Paterson.

Chairman.

G. Miskin Est,

Deputy Chairman.

HEAD OFFICE: LONDON

Paid-up Capital

Beserve Fund

| Eeserve Liability of Pro-

prietors

Chintha

3,000,000| £3,000,000

..£3,000,000

Rangoon

Faigon

Batasu

Agencies and Branches:

Shanba

0,000,000

Alor Star

Rolla

Ameitame

Ipak

Bangkok

Kamchi

Babe The

Bombay

Kasia Isamper

Singapor

Gaston

Fucking

Caerop

Midras

Siti Sourplaye

Cobe

Mania

Mudan

Taipany *Th

D

Tongkat

Haiphong Rambert Hanker

(Bbwker)

(Peking)

Tinstan

They

Yolmaama

Harble

Zambosk.p

Hon. Mr.-WI. Bell, C.C. Knight Esq. Cailable AB Compton Esc. T. E. Pearce Eq. S.E. Dodwell Esq., J.A. Flummer Esq. M.T. Johnson Esq., AL Shields Esq.

7. M. Graybaru, Esq.

Chia Nangut.

•

RANGKOK

BATAVIA

BOMBAY

CALCONTA CANTON CEXPO COLON 30 TAMEN TOOCHO ПАТРДОКО

HANBURG

BANKOW

HABBIN

HONOREW

TLOILO

POK

BRANCHES —

JOHORE

KOBE

KOWLOON

KUALA LUMPUR

.

LUNDON LYONS

MALACCA

MANLA

UAB (John)

MUKDEN

NEW YORK

PEIPING

PESANO

MANGOON

SAIGON

SAN FRANCISCO

SHANGHAJ

SINGAPORE

KOURABAYA

SUNGE MATANI

TIENTNIN

TOKYO

TRINGTAO

YOKUTANA

Current Accents opened in Locs! Curacy nod Fixed Deposite monivad for one your or shorter pride in Loud! Curvency and Starling on arma which will be quoted an application,

-NO UP SAFE DEPOSER BOXES in YO TO L

Hong Kong, 24th February, 1936.

HONG KONG SAVINGS BANK

The Bounds of the shore Deak is conduel-

ad be the HONG KONG AND FEANGRAI BANKING CORPORATION.

Buy be

#brained on application.

POR THE HONG KONG AND SHANGRAJ BANKING CORPORATION.

FK GRATEURS,

Chief Manager.

Hong Kong, 24th February, 1936.

Long trong

kazancland

Commerce and Finance

·LOCAL DOLLAR DECLINES

Silver Prices Fall

The local' dollar has declined 7. opening on demand this morning. at 1/3d.

Silver prices declined 1/16, both {"spot" and "forward" being quot-- ted at 197%.

The London on New York cross- rate was quoted at £-U.S.$4.95,

Forrige Exshaaps sod General Banking busimmas compared with Curens Acconsule Opened 106 Pizzé Deposit ved for cos year or shorter period at Pala which will be quoted on valinton,

A. BREAELEY,

Manager. Hong Kong, 1st January, 1985.

THE

AMERICAN EXPRESS COMPANY,

INC.

Head Office:65, Broadway, New York

Capital

Surplus

Reserves

US$6,000,000.00

2,183.633.06

BRANCHES

870,73105

Asada

Gianna

Vantrout

Antar Abr

Glang

-

The Linge

Haruna

Hamborg

Singin

Tume

ARIZAR

Namio

Perip

Kamb

Bremen Brusale

الان عليم

Comb

Copen

Deblin Simbunct Flowe

G

Ha570

Receber Intestine Semnalaze Indos JAVERDOG

Ladera

Laizoe

Mamm

Koola Carla Manila Yauch

For Shanghai Poutkampion Singapore Thomaso Vin

Tokohama Zurich

Empres American Express THE BANK OF EAST ASIA, LTD. Company in Principal cities of United

Authorised Capise”, sama Paid-up Capta

Reserve and Vadivided Pro

$16,000,000.00

1,588,305,32 |

HEAD OFFICE:=RONG KONG.

་

10. Taws Bouch, Castral,

BOARD OF DIRECTORS-

bar Shoon Chow, Chairman.

Li Food Claun, E. P. & XL Exq

Tun Tong bag Chas Ching Shak, Esq. Li Lan

States of America and Canada.

All classes of Commercial Banking Transactions undertaken.

-

Personal investment sccounts hand- led.

US$4.95%;}

while the New York on London cross-rate was also quoted at 5- US$34.95%, as compared with £—US.$4.95%.

BERLIN SHARE MARKET

Closes Considerably Weaker

- CHINA MAIL" SPECIAL

Berlin. To-day.. Yesterday's share market was airly quiet. oue to operators holding back in view of the Easter holidays and owing to the uncer-l tainty regarding the international political situation. The tendency was at first friendly, but closed! considerably weaker..

Fixed interest securities were quiet; but showed a somewhat firmer tendency.

Call Money stood at 2 to 3 per cent-Trans-Ocean Service.

REICHSMARK QUOTATIONS

Berlin, To-day.

--The Reichs-

The Company offers to intending mark was quoted yesterday with-

Sang Zag Wong Chu Son, Dap and Kat Y Travellers the use of its "Travellers jout guarantee at:-New York, Po. Eng.

Rao Tone P Eng, Chia! Manager,

Li To Fang, Enqu Mantgue.

BRANCHES AND AGENCIES: —

Manila

Melbouros

ArDoj Balavik

Semarang

Kana

Shenzhe

faculte CRO

Hipboa

Kew York

Mohapa SWATOM

Kaulow

i"rigint

Rangoon

Trentais

PROA

Tudje

So Faciago

Fionolulu Kobe Fomenticiona

London

купцет

Tiiboke

Autover

J'olebams

Zoey description of Banding wod Exchange Lamar gmnted on approved become transacted.

nicat.cam.

Cures Acayne opened in Local Currency Fixed Dromite received for opage or shorter periode su oral and Foreign Canting a te whark will be quoted on appliom 2 1972.

fair reponit Boxing To Lati

EAN TONG PO.

Chief ManageF

THE YOKOHAMA SPECIE BANK

LIMITED

"Established 1980

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

Yen.129,150,000

Head Office: YOKOHAMA

Agencies at Nagasakci Nagoya New York

Branches and

Alexandria

Batavia

Berlin

Bombay

Calcutta

Canton

Osaka

Paris

Peiping

Dairen (Daizy) Rangoon

Fengtien (Mukden) Rio de Janeiro

Hamburg

Hankow

Harbin

Honolulu

Hsinking

Karachi

Kobe

London

Los Angeles

Manila

Moji

San Francisco Seattle

Semarang

Shanghai Singapore

Socrabaya Sydney

Tientain

Tokyo

Tsingtau

Yingkow.

Interest allowed for Current 'Ac- counts.

Deposits received for fixed periods; at rates to be obtained on applica-

tion

N

G. KISHINAML

Manager. Eong Kong, 10th March, 1925.

POPEYE.

Cheques" and Letters of Credit and. 40.29; Paris, 609; Amsterdam, in addition, the world-wide services 59.29; and London, 12.195.

Paris of its thoroughly equipped Travel quoted the Pound sterling at 75.-- Department

108 to 75.11 and the US. dollar at CH. BENSON. 15.15 to 15.-16-Trazis-Ocean Ser-

General Manager.vice.

THE CHINA & SOUTH SEA BANK,

LIMITED

(Incorporated in China) Head Office-Shanghai

Capital

$7,500,000,00 Reserve

.$1.500.000.00 Branchez-Ali Important Cities in

China

Foreign Exchange and Genera! Barking BuyLDIN PantArt

Gærens no Ferrite Armonista opened "and Fi Deponia emaived for one yr ar sborter perioda as rater which will be cuented be ennlination.

SOC Z CHANG.

Mana

BONG KONG BRAKUH 34. Des Toux Road, Canfor me".

Mac's Off

Fenign Erchange Dept, m Gener Ding m Cashier's O

IN. XUS

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-des- cripton of banking business transact- ed.

Current Accounts and Savings Ac counts opened. Fred Deposits re ceived at rates which will be quoted on application.

Trusteeship & Executorship ander-i taken. Safe Deposit Boxes for hire.

PHILIP GOCK CHIN

Chief Manager.

QUALITY PRINTING

•With Quick Service

THE NEWSPAPER, ENTERPRISE LTD.

ENTRA MAIL, PURE.

“Double Dare.”

AM 1 GOING TO LET THAT ONE-EYED RAT TELL ME

DREN TO SHOOT MY NAVY'S "WE DON'T KNOW,

GUNS? ĮSIR— ARE YOU?

•NO! NO! TEN THOUSAND

TIMES NO!

SA SVIMAN ET

GET TO YOUR POSTS AND FIRE A BROADSIDE AT

SPINACHOVA— PODEY! AND I HOPE EVERY ONE OF 'EM EXPLODE RIGHT

SMACK IN HIS UGLY

FACE

AGREEMENT AT OTTAWA

Termination Desired By India

London. To-day. The recent decision of the In- dian Legislative Assembly to ter- minate the agreement signed ati Ottawa between British and In- idian Governments was mentioned in the House of Commons yester- day by the Under-Secretary for India, Mr. R. A. Butler, who, in reply to questions, said he pre sumed the Government of India: would in due course give the ne- cessary six weeks' notice.-Bri- tish Wireless Service.

THE

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in Chins)

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

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

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---

・WELL; BLOW ME

DOWN!: ANOTHER ONE OF

THEN BATTLE-

SAIPS 15

SHOOTIN

6, Queen's Road Central Phone 31116.

BOOM

Bo BDOM BOOM

1 YAM

SHARE MARKET

The following was, the list ... of |

day

Banky

HK Banks $1,555 a.

}

B

NEW YORK STOCK MARKET

Trend Still Upwards

of

UNEMPLOYMENT MR. JOHN KINGHORN

IN BRITAIN

Satisfactory Figures

Disclosed

London, To-day.

RETIRES

34 Years. In Service Of Steamboat Co. FAREWELL PRESENTATIONS

SENTIMENT BULLISH ON GOOD REPORTS

The continued economic im-

The Hong Kong. Canton and provement is evidenced in the Mac Steamboat Company's ship local share quotations issued to-pany, New York, Correspondents which show an increase of employ day afternoon of farewell: pre- Messrs. White. Weld and Com-latest unemployment returns, Faishan was the scene rester- for Messrs. S. E. Levy and Comment in the great majority of the sentations to Mr. John Kinghorn, pany, report

principal industries. The Minis Assistant Engineer Superinten- "Stocks:--The trend

thetry of Labour estimates that stident of H.K. Bank (London) 101% market is still up, with sentiment March 23 there were approximate Company, who is retiring, this the China Navigation Chartered Bank 14 A bullish on good business reports, y 10,630,000 insured persons in week after 54 years service with Mercantile Bank A and

{especially steel, copper, motor and employment. This £$11.

was 155,000 building issnes, The future of more than a month

the company. before, and Mercantile Bank C. 414 n.

the French Frane is an important 411,000 more than a year before. The presentations were from Bank of East Asia $73 1.

market factor and should be keptį At the same date the numbers the oating staff of the Insurances

20 mind. Meanwhile, we con- of unemployed on the registers Navigation Company and, of the Canton Ins. $275 b and 82. tinue to advise trading possibili-were 1,8$1.531, comprising 1560,-Steamboat Company. Mr. Ian. Unions Ins. $570 34.

Business doze: 2,030,000 574 wholly unemployed. 235.280| Robertson, Chief Engineer of the China Underwriters Și n.

temporarily laid off. and $5.677 Fatshan, presented Mr. Kinghorn China Fire Ins. $480 n

"Wheat:-The market to-day normally in casual employment. with a gold Rolex dress watch HE. Fire Ins. $237 b.

was slightly higher on the con-The total je 145,190 less than on and two bracelets of a Chinese International Assce. Sh$3. tinued absence of drought relief February 24 and $72,539 less than design, and a pair of Jubilee

Shipping

in the South-West. There was at the corresponding date of 1935. silver-backed hair brushes in 2 some covering by short interests-British Wireless Service. Total sales:-15:557,000 bushels.

Douglases $36 m. H.K. Steamboats $54. Indo-Chinas (Pref.), $30 1. Indo-Chinas (Del) $20 n. Shells (Bearer) 90/7 I Union Waterboats $13 m.

Mining

Antamoks $2 b.

Balatocs $21

ities.

shares.

"Flash:--Steel mill activity during the past week is estimated fat 64.5 per cent of capacity,

against 62.0 per cent the previous) week.

COMMODITY PRICES

GOVERNMENT POLICY

ATTACKED

China

case. The watch was inscribed To John Kinghorn from the Officers of the China Navigation Company. April, 1936.

Mr. da Silva Secretary of the (Continued from Page 1.) Steamboat Company, slso made a British Government it would be presentation on behalf of the intolerable that we should mere-foating staff, of the company.

tak conciliation at Geneva Speeches of appreciation and

Baguio Gold 271⁄2 class

while the war is continued:" There farewell were made by Captain Benguet Consolidated $18.10 b.

The following quotations have must either be feal conciliation Cook. Mr. Robertson, Mr. da Silva Benguet Exploration 20 cts. sa been received by Reuter.

resulting in the cessation of hos-fand Mr. W. E. Kirby, Secretary of Big Wedge 26 cts. n.

Prev. Yesterday tilities for a given period, or the the China Coast Officers' Guild Demonstration 66 cts. n.

Closing Closing Committee of Eighteen must face and the Marine Engineers' Guild Gold Creek 15 cts. n.

New York Cotton:-

its task again

of Hong Kong, to which Mr. King- Gold River 7 cts. n.

May

11.21 11.17

"The position of the British horn suitably replied. Itogons $1.05.

10.89 10.86

Government is unchanged. We LXL. $150 b

10.21 10.24

are prepared to participate in 10.21

economic and 10.26 10.24n 10.30m 10.29% 10.35 11.60

11.56

Salacot 14 cts. *. Kailan Mixing Ad. 12/6.n. Langkats (Single) Sk-$10 n Masbate 70 cts b... S'hai Exploration Sh.84% Shanghai Loans Sh.$4 n. Rambs $114 n

San Mauricio $1.10 United Paracale 61 cts. . Venz; Goldfield $31⁄2 n.

Docks, etc.

HK and K. Wharres $92 1. HE and W. Docks $9 n. Providents (old) $115 b.. Providents (new) 20 ct Hong Kew Sh$190 m. New Engineering Sh.$4 n. Shanghai Docks Sh$90 m.

Cotton Mills

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

*D

Shanghai Cottons (new) Sh$40

1.

Debentures

Zoong Singa Sh.$12.1. Wing On Textiles Sh.$25 2

Lands, Hotels, etc. HK, and S. Hotel $4.15 b... H.K. Lands $33. HK Lands 4%

100% b Shanghai Lands Sh.$18 n. Metropolitan Landa Sh. 10 Humphreys $9. HK Realties $5 a

↓

Chinese Estates $82 m China Realties Sh.44 ni China Debentures Sh.$60 1. Public Utilities

HR Tramways $10.20 n. Peak Trams (old) $7 n. Peak Trams (new) $ Star Ferries $84

Yaumati Ferries $19 n.

C. Lights (old) $10.40 b., $10.60

8. $10 sa..

C.-Lights (new) $7.35 b. H.K. Electrics $514 b. Macao Electrics $20 n. - Sandakan Lights $8.30 n. Telephones (old) $25.15 b.,

$25.10 sa Telephones (new)` $9 z. China Buses Sh.$111⁄4 1. Singapore Tractions 21/- n. Singapore Tractions Pref: 2928/-

2

Industrials

Malabon Sagars $8.40. n. Cald, Macg. (Ord) Sh.$191⁄2 n. Cald, Mecg. (Pref:) Sh.$15_n. Carton Tees $13⁄4 n

DISGUSTIPATED

March

Among those present were: Mr. W. E. Kirby, Secretary of financial measures the China Coast Officers Guild

if the others accept and carry and the Marine Engineers' Guild them out in the same spirit and of China, Mr. H. da Luz, Secretary Jetter as ourselves.”

July

October

December

January

March

Spot

New York Rubber:-

May

July

15.88a 15.93

15.98

September

December

16.04

1617a 16146 16.29 16.230 16.53

While

and

Chicago Wheat:—

May

July

8434

September

94% 84% $3%

Chicago Corn:—

May..

60

59

July

5914

58%

Winnipeg Wheat:-

May

787%

*912

July

79%

80%

October

80%

314

94

the

of the Hong Kong. Canton and LOCARNO MEETING

Macao Steamboat Company, Mr. D. Beferring to the proposed Lo-Mic Campbell, Mr. W. Sanderson, 16.07a carno meeting, Mr. Eden said that Engineer Superintendent, Mr. J. British Government McWilliams, Mr. Jan Robert- could not go to such a meeting son, S. Steel and Captain A. Cook

agree that

conciliation was of Fatshar, Mr. F. W. James, En- dead, they thought that a

exgineer Superintendent of the change of views might be valu-Steamboat Company, Mr. J.. C. able. He agreed that the League Campbell and Captain C. Harris- should be brought into the dis-Wili, Mr. R. W. Martin, Mr. J. cussion at the first opportunity.

Walker of Herr Hitler's proposals contain-. Roberts and Mrs. Roberts, Mr.J. the Luchow, Mr. ed matters affecting Powers, out Bryson from the Ninghai Mr. D. side the Western Powers. It was D. Richards from the Kaying, and essential that the proposals

Mrs. Richards, Mr. G. R. Walker, should be co-ordinated by the Captain J. Hales and Mr. C. Law- League.

་

"If we can ensure by the end of rence of the summer

the

Sui-an, R. V.

that the European Cameron, Captain T. Johnstore. membership of the League will be

13

RAW RUBBER PRICES a structure in Western Europe re- League should be organised for placing Locarno and strengthen- the preservation, of law and ing security elsewhere by arjorder. Latest Quotations From rangements directly supervised! Sir Archibald Sinclair, for the

Singapore

May-June 26% . Up July-Sept. 27% b.. Up 3%. Oct-Dec. 2734b. Up Market:--Firmer.

Cements $9% b. HK. Ropes 341⁄2 ¤.

Stores, etc. Dairy Farms $191⁄2 n. Watsons. $4

last Wednesday

advantages of helping

the

this

and controlled by the League, we Liberals, and Mr. Winston Messrs. H. R. Joseph and Co. shall have gained very much more Churchill took up Major Attlee's have received the following security for Europe, and then it criticism of the Government's quotations in Straits-currency will be possible to enter into policy in the Italo-Abyssinian from Singapore for Raw Rubber larger schemes relating to econo dispute, and the former spoke in

Spot 26% b. Up %.

mics, armaments, etc."-Renter, favour of more resolute action BRITISH WIRELESS VERSION on behalf of the victim of aggres- London: Foreign affairs were sion. debated in the House of Commons

BETWEEN TWO STOOLS -- last evening along with other

Mr. Churchill thought that the matters on the Prime Minister's Government's policy had fallen motion of procedure, arising out between two stools and managed of the defeat of the Government to secure the disadvantages of on the question alien-ting Italy and encouraging of equal pay for men and women Germany to illegal action, with- in the civil service. The quee-out the tion of confidence had been pos-Abyssinia or vindicating Jed to secure a reversal of the League. The lesson. Of

Commons" previous decision, and (melancholy chapter was that they the leader of the Opposition took should not intervene in such mat the occasion to attack the Gov-ters unless they were in eamest ernment's policy, both at home and were prepared to carry the ¡and abroad

intervention to all the necessary He contended that the menace (lengths. of war had grown through the Mr. Churchill also raised to vears of the inept leadership of questions of the colonies and the Government, which had allow-Germán rearmament, and spoke ed the initiative to pass from the of the effects in Eastern and great Western democracies into South-Eastern "Europe" which the hands of dictators. He argued would follow a re-fortification by E.K. Govt. 4% Loan 55 prem that for the resistance to aggres-Germany of her western frontier. H.K. Govt. 3% Loa par. 1. Įsion. Locarnio, was too narrow a The debate continues.-British Wallace Harpers $4, n.

basis. The whole strength of the Wireless Service.

Lane, Crawfordi $63⁄41⁄2 ¤ Mackintosha $5 n. Sinceres 1.

WE Powells.70 chs. xi Wing On (HK) $55 2.

MiscellaneonR Entertainments, $4 s..

S. C. Enterprises $1.35.n. Macan "Greyhounds". $2 n. Constructions (old) $1 n. Constructions (new). 50 cts. n. Vibro Piling $4 m.

Ch. Govt 5% 192 GSB6.

94% DL.

To-morrow.

"This Calls For A Duel"

ADMIRAL, STOLD YA TO QUIT SHOOTIN AT SPINACHOM

(BUT I'VE GOT TO SHOOT AT YOUR COUNTA

*I SINKED ONE OF YER BATTLE "SHIPS AND

FLL TAKE THIS ONE

APART, TOO,{FYA DON'T LAY

AR!

HONG KONG $ DIRECTORY

1936 ISSUE

NAVY

YOU CAN SHOOT AT US. WE DON'T, HIND

OH. WHAT

A MESS

NOW

ON SALE

THE NEWSPAPER ENTERPRISE LTD. 3A, Wyndham St.

Tel. 20022