1936-04-08 — Page 8

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital

.....$50,000,000

Jasond and Fully-Paid-ap 20,000,000 Reserve Finds:

Sterling....£ 6,500,000

Hong Kong Currency

Reserve ....$10,000,000

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA Incorporated by Royal Charter, 1853.

THE CHINA MAIL WEDNESDAY, APRIL 8, 1938

Commerce

HEAD OFFICE: LONDON

Paid-up Capita!

Reserve Fund

£3,000,000 £3,000,000

Reserve Liability of Pro-

NEW YORK STOCK MARKET

Reserve Liability of Pro-

prietors

$3,000,000

pastora

$20,000,000

Agencies and Branches:

Alor Sta

Iloilo

Bad005

Ipoù

Berg

Bangkok

Karachi

Bemariag

Saruhan

Bombay

Ca

Kuala Lumpur

Canton Canapore.

Isching

Madra

BLAD OFFICE: HONG KONG.

BOARD OF DIRECTORS. Hon Mr. J. J. Paterson.

Chakra

G. Miskin Esq.

Deputy ChakmAČE,

Amritanc

Hon. Mr. W.H. Bell, JR. Masson Esq, Colombo

H. Compton Esq. T. E. Peares Expand B.E. Dodwell Esq., J.A. Plummer Esq. Harberg MT. Johnson Esq., A.L. Shields Esq. ko

V. M. Graybura, Esq.

AMOT

BATAVIA JOMBAY

thist Sanager. BRANCHES.

LONDOS LIONS

MCAR (Indor

12rbis

Vanila Man New York

Tenang

Shanghai Singapore Sitzman Bombayn

ས་

Taiping

Tongkah

Taptam

Thing Yojoacan

Foreign Exchange and General Banking business

g Accounts speeać mnd Fixed Deposits 1 road Ide 60s Fem de shorter patioda what will be quoted on speisession.

A. BRBARLEY,

Manage

Hong Kong, 1st January, 1935.

n

CANTON CHSPOO COLOMBO DANKEN FOOCHOW KATHONG НАМЕСВА BANKOW HARRIS BONGZEW ILOILO

JOHOES

KÜBE

KOWLOON

KUALA LUMPUR

PEIMINO PENASA BASGOON SAIGON SAS FRANCISCO BHANGHAI SINGAPORE „NOURABAYA

UNGEL PATANI TIENTHIN TOKYO

SINGTAO YOKOHAMA

Current Accounts, opened so Local Currency and recured to one year of shorter

Mixed Con Currency and Starung on DEFINE

BORG in

which will be prove! on apple BOXES in

ALBO up dave SAFE genous las 20 LET.

Hong Kong, 24th February, 1936.|

HONG KONG SAVINGS BANK

The Buses of the shore Banks conduct be the BUNG ROSU AND SHANGHAI BANKING CORPORATION,

braiced as oppivation.

Buien may b

FOR THE LUNG KONG AND SHANGHAI BANKING CORPUSATION.

V. M. GRAYBURN,

Clue: ausge

Heat Kong, 24th February, 1936.

THE

Wheat Damage In Tornadoes

NEW CROPS LIKELY-TO-DRAG

Messry. White, Weld and Com pany, New York Correspondents for Messrs. S. E. Levy and Com- jpany, report

"Stocks--We would maintain a trading position at the range of 158 to 164 in Dow Jones industrial purchasing motor. average, accessories. utility, electric-equip- ment

copper shares Business done:-1,- recessions.

and

AMERICAN EXPRESS COMPANY, 570,00 hares.

INC.

Head Office:-65, Broadway,

Capital

Surplus Reserves

Amsterdam Antwerp Alaba

Banka

·Berlin ·

Baby

Howto

Bruttia

Ch

Calcutta

Canna Colombe

New York

„U.S.$6,000,000,00 2,183,633.06 .S70,721.05

BRANCHES:-

Genos

The Hague

Harass

Montreux Molan

Naple

-

Priv

Heidelberg Interlakeɑ dorsalon

Pakping

Boer

Bome

Shanghai

ܡH

Liverpool Lumenn

Southaploo

Isungspare

Deslein.

Vienna

Copenhagra Doble

Larsso Laxm

Vasion

Edinburgh

Monte Carlo

Yakobams

Thrich

Floraw

する

ern

до

are

far has "Wheat:-Damage so been confined to the South-West-

New-crops dustbowl likely to drag lower unless the drought spreads seriously. Total sales:18,225,000 bushels.

"Cutton:-We expect a narrow-! ing of the difference between old) and new crops, owing to the sale of Government cotton. The new- becoming crop situation is now serious.

BERLIN SHARE MARKET

and

FINANCE AFFAIRS IN

BRITAIN

Finance ADVISORY COMMITTEE APPOINTED

SHARE MARKET

TO-DAY'S QUOTATIONS

The following was the list local share quotations issued iday:-

Berlin. to-day. Although the

the share market) undertone of

few was friendly, buyers were

Branches of American Express yesterday. Call money stood at THE BANK OF EAST ASIA, LTD. Company in Principal cities of United 24 to 3 per cent. Fixed interest securities were quiet, prices be States of America and Canada.

Authorised Capita Pada Capital

$10,000,000 b

Beers and Cod.ded Prosta $ 2,683, 273 57

HEAD OFFICE-CNG KONG.

10. De Voux Boad, Cesar.

BOARD OF DIRECTORS-

tur Ebou-o Chow, Char

Li Zoon Chum L. P. L. Ew. Eng. Trac

Yes Tang. E. Chan Ching Hand, Gay Li Lau

Sand Bay Wong Chu son, Ey, dan Tins

*

Justy

Bale via

Bora!

Quinona

Cantos

Sen Tung Po, Eng., Cisal Manager..

Id In 2004. Esq. Manager.

PRANCHES AND AGENCIES:-

Haiphong

Boeglule Kobs

Sanriona Lados

XLAQIE

Melbouras

Napmaks

Seatlie

Semarang

Stanciu

New York

tralia

bungapore Souabaya

Swallow hyday

**

Каменка

Sego ösa Francisco

Peug

Peveng

Tokyo

Yokohansa

Year ring of Backing and TechangY Los granted an approved bude tracted. monction.

Current and Fred Degram Excused for one year of shorter periods 12 Loval wok Formign Currencies

will be quoted on applantati anteria which

Sale Deposit Boxes To Lo

All classes of Commercial Banking ing little affected-Trans-Ocean

Service. Transactions undertaken.

Ded

Personal investment accounts hand-¦

The Company offers to intending

REICHSMARK QUOTATION Berlin, To-day. The Reichs-

3t:

Travellers the use of its "Travellers mark was quoted yesterday with- Cheques" and Letters of Credit and out guarantee New York,

addition, the world-wide services fits thoroughly equipped Travel 40.31: Paris, 610: Amsterdam, 59.245; and London, 12.30. Paris Department.

quoted the Pound sterling at 75.02 to 75.05, and the U.S. dollar at 15.1625 to 15.165.--Trans-Ocean Service.

C. EL BENSON,

General Manager:

THE CHINA & SOUTH SEA BANK,

LIMITED

(Incorporated in China) Head Office-Shanghai

Capital komuna opened in Local Currency

EAN TONG PO

Cluat Maangar.

THE YOKOHAMA SPECIE BANK

LIMITED

Established '1880

Capital (full paid-up) Yen.100,000,000 Yen 129,150,000 Reserve Fund

Head Office: YOKOHAMA

Branches and Agencies at

Alexandria

Batavia

Berlin

Bombay Calcutta

Canton Canton

Nagasaki Nagaya

New York

Osaks

Paris-

Peiping Dairen (Dainy) Banzoon Feartien (Mukden) Rio de Janeiro

Hamburg

Hankow

Harbin

Бодь Kong Honolulu

Elsinking Karachi

Kobe

London

Los Angeles

Manda

Moji

San Francisco Seattle Semarang

Shanghai

Sinays

Sydney Tientsin Tokyo Tsingtan Yingkow

Interest allowed for Current Ac- counts.

Reserve

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

Branches-All Important Cities in

China

Foreign Bachangs and Geomes! Bearing Business tregnaciad

Current and Baring Account opened and Fixed Deposita received for one year or shorter periods at reses which will be quoted as suplication.

BOU Z CHANG,

HONG KONG BRANCH: 34, De Vaur Bood, Cams).

Mazagor's Odi

Foreign Exchange

Cashier's One

Depi

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE:: ∙13. Gronchurch Street, London, EC.,

..$3,000,000 Authorised Capital Subscribed Capital .. 1,800,000 Paid-up Capital ---- 1,050,000

Reserve Fund

BASTERS

Rest 1,247,830

The Back of England & Midland Bank, Lad

Yangw

Tel. 20585

Bangkok Bombay

2002

W

23561

Caloutie Colombe

2350

THE WING ON BANK, LTD.

Head Office: Hong Kong 26, Des Voeur Road Central. Authorised Capital $10,000,000 LONDON BANKERS:- Westminster Bank, Ltd. Foreign Exchange and every des- cripton of banking bastness transact- jed

Current Accounts and Savings Ac- counts opened. Fixed Deposits re- ceived at rates which will be quoted or application.

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

PHILIP GOCKCHIN

Chief Manager.

QUALITY PRINTING

Ser **With Quick

Deposits received for fixed periods

at rates to be obtained on applica- HOL

G. KISHINAMI,”

Manager.

Hong Kong, 10th March, 1935.

THE NEWSPAPER ENTERPRISE LTD. SA WYNNAN OK.

POPEYE. "This Calls For A Duel"

YEAH, HE SUNK ONE BATTLE-POPEYE IS WINNING SHIP ALL BY HIMSELF-AND NOW HE'S GOING TO SINK

ANOTHER ONE HE'S THE BEST

BATTLESHIPSINKER EVER SAW

HE'S GOOD! I'LL NEVER SAY. POOEY TO YOU FROM METO HIM AGAIN

THE WAR FOR US

WHAT WAR? SAY DIDNT YOU KNOW WE GOT OH! SO! A WAR? THAT'S WHAT THAT BOOMING AND ILL NEVER SAY

Hong Kong

Howrah

Every

BRANCIERS: Zpob

Landy Saracal

Lixa Bharu

Kunia Lipis

Xunds Limpe

New York

Penang

Port Louis

(Maurus)

Fangion Sberba

Kuantan (Pabang) Sush Madran

Sungspara

HONG KONG BRANCHL

busite ption of Banking sat Exchange |

Travaliers Cheque issued

Trosie and Executorships undertaken. INTEREST allowed on Curset socuati and Fixed Depoise at Bates that may be ascertained 00 applicato,

2. KENNEDY,

Manager.

7 Queen's Road, Central-

Hong Eout. 4th July, 2005.

THE

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)

$5,000,000. Capital paid up

$7,300,000. Reserves Capital Savings Dept. $500,000. Réserve Savings Dept. $600,000. - Head-Offee Shanghai

on

A Bank having an its mission the industrial development China and the fostering of her commercial relations abroad. Hong Kong Office-

6, Queen's Road Central

Phone 31116..

ADMIRALI YAM TELLIN YA IF YA SHOOTS ONE MORE SHELL AT SPINACHOVA ILL TAKE THIS BATTLE- SHIP APART YOU TORE UP

ONE OF MY SHIPS.ARENT YOU

SATISFIED?

Banks

HE Banks $1,555 m

H.K. Bank (London) £10034 Chartered Bank 14 n. Mercantile Bank A. and

31.

Mercantile Bank C. £14 I Back of East Asia $75 IL

Insurances

Canton Ins. $275 n. Unions Ins. $575 32.

China Underwriters $1 n.

China Fire Ing. $480 n.

H.E. Fire Ins. $237 b. International Assce. Sh$31. Shipping

Douglases $36 1.

.

R

London, To-day.

NEW ADVERTISEMENTS

BANK HOLIDAYS.

ST. STEPHEN'S COLLEGE. STANLEY.

Accordance with Government. Ordinance, the EXCHANGE. BANKS will be CLOSED for the The Chancellor of the Exchequer made a statement on the Transaction of Public Business CIT. restriction of foreign issues in an answer to a Commons question FRIDAY, SATURDAY and HON- yesterday. He announced the appointment of a Committee. DAY, the 10th 11th. & 13th.. whose functions would be purely advisory, with which he would April, 1936. (Easter Holidays). Hong Kong, 7th-April, 1936. of consult from time to time, both generally upon the scope of the to-restriction and upon particular applications The Chairman would be Lord Kennet, Minister of Health from 1981 to 1935, who, as Sir Hilton Young, formerly undertook several important financial missions for the Government. The six other members include the Deputy Governor of the Bank of England and other leading personalities in the City of London. he sa

The Chancellor said that he! It is pointed out that the prim-THE SUMMER TERM begins April 14th. New students which those concerned had fol-tions on foreign lending has been should attend on that day. For lowed the general wishes which he to protect the sterling exchange prospectus, for boarders and day had expressed regarding the res-against sudden and dislocating boys, apply St. Stephen's College.

In considering what Stanley. triction of foreign issues. He had strains.

Hong Kong, April 2, 1936, not at present in mind any radical foreign long-term financing the

should country

undertake alteration of the present policy.

In a memorandum issued in Committee will have regard not connection with the appointment only to the general economic situs- of the Committee, the history of tion. but to the volume of capital the restriction, since the Chan-likely to be available, to the state: cellor first made his appeal in of exchanges and to the different June 1932 in connection with the kinds of pressure to which sterl- conversion operations, is traced, ing might be exposed. and the main considerations which will guide the Committee work are set out.

was sensible thesis that with ary object of the present restricT

FX. Steamboats $5% IL. Indo-Chinas (Pret.), $30 a. Indo-Chinas (Def.) $20 n. Shells (Bearer) 90/74 Union Waterboats $13 m.

Mintax Autamoks $2 b., $205 sa Balatoes $21% n. Baguio Gold 25 cts. b., 26 cts, sa Benguet Consolidated $18.10 n. Benguet Exploration 20 cts. n. Big Wedge 26 cts. a.. Demonstration 64 cts. b. 661⁄2

ets. sa

Gold Creek 15 cts a Gold Eirer 7 cts. n. Itogons $1.05 1.

IXL $1.50 5.

Salacot 14 cts. n.

Kailan Mining Ad 12/6 n. Langkats (Single) Sh$10 n. Masbate 70 cts. 11.

S'hai Exploration Sh.$41⁄2 n. Shanghai Loans Sh.$4 n. Raubs $114 -

San Mauricio $1 b. United Paracale 64 cts. b. Venz; Goldfeld $31⁄2 1.

Docks, etc.

HK and K Wharves $92 1. H.K. and W. Docks 39 n. Providents ford) $1.15 b. Providents (new) 20 cts. I Hor Kew Shi$190.. New Engineering Sh$4 ahe Shanghai Docks Sh$90 a.

Cotton Mills

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

B.

Zoong Sings Sh.§12. a.. : Wing On Textiles Sh.$25 na Lands, Hotels, etc. H.K. and S. Hotel $41⁄2 b. and sa, H.K. Lands $33, b. $331⁄2 33.

1% Debentures HK. Lands

the

THE HONG KONG, CANTON AND MACAO STEAMBOAT. COMPANY, LIMITED.

NOTICE TO SHAREHOLDERS..

TOTICE IS HEREBY GIVEN that the. ONE HUNDRED

The latter considerations would in its not generally apply

to loans the proceeds of which would coz-[AND SIXTEENTH ORDINARY currently be used to finance addi-MEETING of Shareholders in the- tional exports from the United Company will be held at the of Kingdom.

fice of the Company, Queen's Building, Victoria, Hong Kong, WEDNESDAY, the 22nd

LOCAL DOLLAR

ADVANCES

Silver Prices Rise

Foreign Lending The Committee will bear in mind on

the desirability that foreign lend-April 1936, at noon, for the pur- ing should turn to British-owned pose of receiving a Report of the: [enterprises abroad rather than to Directors, together with a State-- The local dollar has advanced foreign Government or municipal ment of Accounts, and re-electing %, opening on demand this morn-loans, and in this connection de-Directors and Auditors.

The TRANSFER BOOKS of the ing at -1/3gd.

count should be taken of the treat- Silver prices rose 1/16, both ment accorded to the British-own-Company will be CLOSED from- "spot" and "forward" being quoted enterprises by the foreign the 16th April to the 22nd April.. ed at 19 15/16,

country concerned. The Commit-11936, both days inclusive. The London on New York cross-tee will be expected to give due

By Order of the Board of Direc rate

quoted at · 5-U.S.- weight to the important consider-ters. $4.94 13/16, as compared with ation that capital required for de-

H. DA LUZ,

Secretary. U.S.$4.95%, while the New York velopment at home should not be

London cross-rate was restricted by excessive lending Hong Kong 8th April, 1956. quoted at SU.S.$4.94%, as com abroad. pared with US$1954.

O

was

SOYA BEANS IN ENGLAND

Customs Drawback Notified

In accordance with the an- nouncement made some time ago! by the Chancellor the Committee should give favourable consider

by a coun-

1

PUBLIC AUCTION

Undersigned have received.

ation to sterling issues bag area, instructions to sell by public

where the loan is required to in-Auction

crease that country's sterling as- sets and so to minimise fluctua- tions in exchange.

London, To-day.

In reply to supplementary ques-- the recom-. The Treasury, on mendation of the Import Duties tions, Mr. Neville Chamberlain Advisory Committee, has issued gave an unqualifed assurance that an order authorising the allow-the ultimate responsibility and

connection

Te-

to

Thursday, 9th April 1936 -

commencing at 11 am.

at their Sales Room, 4 Duddell Street

2. Sets of Engineers Transits.

2 Sets of Engineers Compasses.

1 Box of Chains, 300 feet long.

1 Out Board Motor.

2 cases Torch Light Lenses. 1 case Violin.

5 Fire Extinguishers. 5 pieces Tapestry.

also

Shanghai Cottons (new) Sh.40 ance of drawback Customs duties control of advice in

as from April 9 in respect of with the restrictions would soya beans used in the manufac-main with himself.

The new capital issues in the ture of:

the year totalled (1) soya bean oil, not including first quarter of mixtures of the soya bean with £60,611,000, compared with £41,- 598,000 and £24,942,000 respec- other oils;

the corresponding per- tively in

A quantity of Electric Brushes: (2) certain soya bean flour. It is explained that, the export iods of 1935 and 1924

The Board of Trade average of and Combs, Massage Apparatus,. trade of soya bean oil and flour wholesale prices was the same in Khaki Coats and Breeches, Boots, Metropolitan Lands Sh. $10 n. is adversely affected by the pre March as in the preceding month, Empty Cartridge Cases, etc.

sent duty on imported soya beans. but showed an increase of 5.5 per Humphreys $9 z

Reater. FK, Realties $5 -

cent. compared with March 1335. -British Wirelesss Service. Chinese Estates $82 n. China Realties Sh$4 n. China "Debentures Sh.$60

100% b. Shanghai Lands Sh$18 n.

J

Public Utilitie H.K. Tramway's $10.40 5. Peak Trams (old) $7 n. Peak Trams (new) $3 n. Star Ferries $84 n. Yaumati Ferries $19 n. C. Lights (old) $10.40 b. C. Lights (new) 7.35 n. H.K. Electrica $51 b. Macao Electrics $20 n. Sandakan Lights $8.30 n.. Telephones (old) $25.15 sa Telephones (new) 39 n. China Buses Shell1⁄4 a Singapore Tractions 21/- a Singapore Tractions Pref. 28/-

Industrials

Malabon Sugars $8.40 n. Cald., Macg. (Ord) Sh.$19. Cald., Mecg. (Pref.) 'Sh$15 m

YOU WHELP: THIS IS MY NAVY AND TELL FIRE MY GUNS WHEN I PLEASE? SAY-WHO YA SHAKIN” YER FISK-UNDER

MY NOSE AT?

Canton Ice $1% 1. Cements $9/91⁄2 62 HK Ropes $41⁄2 1.

Stores, etc. Dairy Farms $19 n. Watsons $34. Lane, Crawfords $6% L

Mackintoshs $5 n Sinceres $2 11.

Wm. Powells 70 cts. n. Wing On (HK) $55.n.

MiscellaneonS Rätertainments 3231 sa. S. C. Enterprises $1.35 n. Maczo "Greyhounds” $2 n. Constructions. (old) $13⁄4 Constructions (new) 50 cts. Vibra Piling $4 n. Ch. Govt. 5% 1925 GIBd

94% The

EK Govt. 4% Loan 5% prem. HK Govt 3% Loan par. Wallace Harpers $4 n-

To-morrow.

SET DOWN!

CONVERSION IN JAPAN

and

Household Furniture.

Terms: Cash on Delivery

LAMMERT BROS.

Auctioneers:- Hong Kong. 8th April, 1936.

New National Bond RAW RUBBER PRICES

Issue

Tokyo, To-day.

Latest Quotations From Singapore

The Minister of Finance an- nounces that 373,000,000yen worth of 5 per cent. national bonds due for repayment in the have financial year 1936-37 will be quotations in

Messrs. H. B. Joseph and Co.

received the following

Straits currency"

convertible into a new issue of from Singapore for Paw Bubber.

$12 per cent. 12-year bonds from May 1, the amount of which may be issued totalling 381,000,000 yea, with the issue price at 98.

b. The bonds have been underwrit- ten by the Bank of Japan. Reuter.

"Joan Of Arc.”

TAKE OFF YER HAT WHEN

THEY'S A GENTLEMAN PRESENT

OH, F YOU COULD. ONLY KNOW HOW I HATE

YOU!

Spot 26.% Up % b.

May/June 26 % b., Unchanged. July/Septembe, 27 3 b., Un-

changed.

October/December 27: Un-

changed. Market:----Quiet.

HONG KONG $ DIRECTORY – 1936 ISSUE -

NOW

ON SALE

THE NEWSPAPER ENTERPRISE LTD...

3A, Wyndham St.

Tel.: 200224