1936-04-16 — Page 8

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital

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

Sterling ......£5,500,000

Hong Kong Currency

.$10,000,000

Deserve Liability of Pro-

Peserve

prietors

“THE CHIKA MAIL, THURSDAY, APRIL 16, 1936

Commerce and Finance

STEADY

Silver Prices Up

SHARE MARKET

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

Incorporated by Royal Charter, 1859.

HEAD OFFICE: LONDON

Paid-up Capital

£3,000,000

LOCAL DOLLAR

Reserve Fund

£3,000,000

Reserve Liability of Pro-

prietors

£8,000,000

TO-DAY'S QUOTATIONS

.$20,000,000

Agencies and Branches:

Alor S

Boila

Bangoon

Amritsar

Karachi

Sekarang

Delevin

Berben

Ebay

Sch

Calotera

Kusin Lumper

Singapore

Canton Letrapers

Juoking

The following was the list The local dollar is steady, local share quotations issued opening on demand this morn-day- jing at 1/3E

of

to

Banks

Hadria

Soub

Manila

Colombe

Delhi

New York

Tiancar Tongkah

Peping

"Spat" silver rose 3/16 to 20%, while "forwardTM rose 1/16 120 5/16.

to

$2.

H.K. Bank (London) #1014

Hanko

Tsingle Tokokama

Chartered Bank £141⁄2 n.

Zamboanga

frate

$4.944.

was

Mercandle Bank A. and

£31.

E

1

HEAD OFFICE: HONG KONG.

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

G. Miskin Esq.

Deputy Chairman,

Hon. Mr. WH. Bell, J.B. Masson Esq., Compton Esq, T. E. Pearce Esq. SH. Dodwell Esq., K. Morrison Esq MT. Johnson Esq. A.L. Shields Esq. V. M. Graybura, Esq.

ANOT BANGEDE

BATAVIA BOMBAY CALCUTTA CANTON CHETOO

DAIREN РОССВОЯ KAPHONG ETBUPA BANKOW HONDLES

Chust Manager.

BRANCHES —

LONDON LYONN MALACCA MANILA MUAR tinkata NERDES

NEW YORK PELPING PENAN BANGOON MAIGON

n

STRIALES

110110

Pub

JOBUBE KUBE

KOWLOON

KUALA LUMPEZ

SAN FRANCISCO SHANGHAI

SINGAP BE SOCHABATA FUNGHI PATAXI TIENTSIA 70KYO

TSINGTAO JUSOBAMA

Current Aucounts sword in Lom: Currey Bad

"Depochs receted for que yame of aborta rade A Zoo Curency and Sharing of secina

wil be quoted on applzonian.

קט

to date SAFE ÜLPUSTI BOTEN in ALSO

cess TU LET.

Hong Kong, 24th February, 1936.

HONG KONG SAVINGS BANK

The Buimen of the shɔke Back 1 -onduct-

nd by the HONG KONG AND SHANGHAI YANKING CORPORATION.

abreznać po stNG AND SHANGRAI

PUE THE RUNG

PANKING CORPORATION,

Bangkok

محبت

1 Бар

pok

I overs

(kr)

Pomcy Exchangs and Gussen) Banking build

transacted

The London on New York cross- quoted at £-US,

as compared with

Current Accounts and nod: Fland Depon$194, while the New York

remed for pos gust de shorter perioda at Intern which will be quoted as appliesšine.

A. BREARLEY,

Manager. Hong Kong, 1st January, 1935.

THE

AMERICAN EXPRESS COMPANY,

INC.

Head Office:-65, Broadway, New York

Capital

Surplus

Heserves

U.S.$6,000,000.00 2,183,533.06 870,731.85

BRANCHES

Mouwreuz

Nac Ng Puremas

Amatordaca ALIWICH

Lago

ALZA

The singin

Husovy

LATE

Bombay Bretan

Badebox

Laberincan

Pimpina Howar

Farwanomen

لمسجل

+ MEŽNI

Calcutta

Losdos

mgapor

Buy De

Led-deman

GRAYECES,

L'e Copenhagen Dublin

Kalim

Chart Strange.

Eong Kong, 24th February, 1935.

Estimargh Flumbe krewwww

Main Lace Ma

Sooso i aka

Lunck

H

jon London cross-rate' was quoted lat £-US$4.944; as compared

with £-US$4.91.

BRITISH TRADE

FIGURES

Preliminary States For March

to

London. To-day. The preliminary figures of Overseas Trade in March show a substantial increase in imports jand a small increase in exports, compared with March 1935. Last month the exports amounted

6,510,000 compared with £35,-

and: 111,000 the month before £35.952,000 a year ago. Re-exports were £5,900.000, against £5,651.-1

£4472,000 respectively, 000 and and the value of imports was

Branches of American Express £68,052,000, compared with £62- THE BANK OF EAST ASIA, LTD. Company in Principal cities of United $17,000 in February and £60.307-

Authorised Capsia - Land-up Capita

Bar and Lindavaded 2⇓ 1686.5.52

ACE: HONG KONG

HEAD OFFICE

Scates of America and Canada.

All classes of Commercial Banking Transactions undertaken. ·

000 in March 1935.-British Wire- less Service

NEW YORK STOCK

MARKET

SMALL VOLUME OF BUSINESS

TRADING POSITION IS ADVISABLE

NEW ADVERTISEMENTS

CURTAILMENT OF GOLD EXPORTS

Provincial Ruling In

- Kwangtung

SURTAXES AGAIN EXTENDED) |Auction... ·

[From Our Own Correspondentă

Messrs Waite, Weld and Com-)

Canton, To-day. pany, New York Correspondents for Messrs. S. E. Levy and Com-

Beginning from yesterday, ex- ports of gold in whatever form pany reporte

over the value of $200 are sub- Stocks:-The small volume of

ject to confiscation. Outgoing business in to-day's reaction in-passengers are asked to change

PUBLIC AUCTION

H5 Undersigned have received Tinstructions to sell by Public

on.

Tuesday, the 21st. April, 1936-

commencing at 2.30 pm. at their Sales Room, Duddell Street

A Quantity of VALUABLE HOUSEHOLD`

FURNITURE

H.K. Banks $1,550 s. $1,550/45 dicates that a trading position is their gold into Government comprising:

Mercantile Bank C. 514 Bank of East Asia $73 1

Insurances

Canton Ins. $275 n. Unions Ins $520 sa.. China Underwriters $1 China Fire Ins. $480 1 HK Fire Ins. $237 International Assce. Sh$31. Shipping

Douglases $36. E.K. Steamboats $52. Indo-Chinas (PreĹ), $30 n. Indo-Chinas (Def.) $20 n. Shells (Bearer) 93/9 n. Union Waterboats $12.20 a.

Mining

Antamoks $2.20 b.. $2.21 sa. Balatocs $214 n. Baguio Gold 27 cts, b. Benguet Consolidated $13.20 b. Benguet Exploration 20 cts. Big Wedge 26 ets. n. Demonstration 63 cts. sa. Gold Creek 15 cts. . Gold River 7 cts.

Itogons $1.08 n.

LXL $155.b.

Salacot 14 cts. n. Kailan Mining Ad. 11/6 p. Langkats (Single) Sh.$10 m. Masbate 70 cts. n.

Personzi investment accounts band. THE MERCANTILE Shai Exploration Sh.42 0.

10. Dee Your Bund, CA LA,

BOARD OF DIRECTORS.-

led

Ser Showman Cous, Chairman),

Li Koos

aan, E., P. b. Kwok, long. Wea

L

í

Jun Tong, Eng, Cha Chung

Meng, bay, Bong Chu sve zmy, and has Ying

LOT

han Jung P. Eng. Chṣet Mnanque....

BRANCHES AND AGENCIES :-0

Batavia Bombay Calcatta

JIPPUTU

New York

1

Hankers

Fanclubs

London

هنداره

CATAL

Pematang Chang Picgagiona SUPREMJE

bythey

Tabaku

Tarana 7034

SHO

JULOBAZLA

Er driptive of Benwag sad Brahmage bumpam keskind - Loman grensad no approved AccuDie opened in Loosi Charmacy

BRONZIALAR.

Cur

and Fixed Dupuis recent for our year o starter perion in Local and Foreign Currencies state winch wil be cusand an applicaturo.

Se Depot Breme

Chini Munger

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 Traveli Department

C. EL. BENSON,

General Manager

BANK

Annual Meeting In London

The forty-third annual meeting of shareholders of The Mercantile Bank of India was held at Win-. chester House. London, on March

THE CHINA & SOUTH SEA BANK, 31. last and according to the re-

LIMITED

(Incorporated in China) Bead Office-Shanghai

Capital Reserve

tracted.

China

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

Foreign Exchange and Bessen! Banking Basis Card and Saving Locate opsed sad Find Deponite rowed for one year or shorter

pprt. which has just come to hand, the balance of Profit and Loss Account for the year amounts to $174.266 7. Ild.

The Directors

£12,000 to

have

added

Pension

the Officers"

Branches-All Important Cities in Fund. written £10,000 off Free-

hold Banking Premises and madei an additional allocation of $25,000 to Contingencies. A final dividend on the "A" "B." and "C" Shares of 6 per cent, lesa tax; making a total of 12 per cent. for the year, was recommended. -

THE YOKOHAMA SPECIE BANK the 40sed on application

LIMITED

Established 1880

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

Yen 129,150,000

Head Office: YOKOHAMA

Branches and Agencies at

Alexandzia

Batavia

Berlin Bombay

Canton

Calcutta

Dairen (Dainy)

Haraburg

Nagasaki Nagoya

New York

Oanks

Paris

Peiping Rangoon

Fengtien (Maiden) Rio de Jeneiro

Hankow

Harbin

Ένας Kong

Honolulu

Hsinking

Karachi

Kobe

London

Los Angeles Manila Moji

San Francisco

Seattle

Semarang

Shanghai Singapore

Sourabaya

Tientsin

Tokyo

Tsingtau Yingkow

"Interest allowed for Current Ac-

counts

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

G. KISHINAMI,

Hong Kong, 10th March, 1936.

Manager.

Manaque.

SOU Z. CHANG

HONG KONG BRANCH, 3. Der Vasa Bond, Central.

Manager's Othey may

Forsgn Exchange Deps.

General Udio4

Cookin' Of

XXSET

THE WING ON BANK, LTD.

SER

Read 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. Fixed Deposits e- ceived at rates which will be quoted on application.

REICHSMARK QUOTATIONS

Berlin. To-day. The Reichs- mark was quoted yesterday with- at:--New York jout guarantee

4027: Paris. 609.5; Amsterdam, 59.235: and London, 12.2775. Trans-Ocean Service.

THE

́SHANGHAI COMMERCIAL &

Trusteeship & Executorship under- SAVINGS BANK LIMITED

taken. Safe Deposit Boxes for hire.

PHILIP GOCKCHIN

Chief Manager.¡|

Bring Your PRINTING

· Problems to Us"

ŠTHE NEWSPAPER ENTERPRISE LTD.

NA STENAR ST.

POPEYE "Another Naval Victory!"

HEYADMIRAL, GNATS TO

WELL

THAS THAT 1 UNSCREWED EVERY BOLT IN THIS BATTLESKO

(Incorporated in China)

Capital paid up

....$5,000,000. Eese-ves

$7,300,000. Capital Savings Dept. $500,000, Reserve Savings Dept. $600,000. Head Once-Shanghai

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

HEY, ADMIRAL:

6, Queen's Road Central Phone 11116.

PODDY TO YOU FROM ME

Shanghai Loans St.$4. Raubs $11. San Maurico $115 n. United Paracale 69 cts. Venz: Goldfield $34 n.

Docks, etc.

HK and K Wharves $91 m. HK and W. Docks 39 n. Providents old) $1.20 b. & sa Providenta (Dew) 20 cts. a. Hong Kew Sh$190 n. New Engineering Sh$4 n. Shanghai Bocks Sh.$90 a.

Cotton Mill.

Ewo Cotrona Sh.38 b. Shanghai Cottons (old) Sh.$70

**

Shanghai Cottons (new) Sh.40|

The

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

Lands, Hotels, etc. HK. and S. Hotel $4 b. HF Lands $33.

HE. Tramways $10% b. Shanghai Lands Sh.$18 n. Metropolitan Lends Sh. $10 Humphreys $9.

HK Realties $5 - Chinese Estates $82 China Realties Sh.$4 n." China Debentures Sh.$60 1.

Public Utilities

HK. Tramways $10% b. Peak Trams (old) $7 n. Peak Trams (new) 3 n Star Ferries $84 . Yaumati Ferries $19 a

C. Light (old) $10.45. b. & ́sa. C. Lights (new) $7.25 n. EK Electrics $52. b. Macao Electrics $20 n Sandakan Lights $8.30 n. Telephones (old) $25 1.

shares.

on

Furniture.

a180

advisable between the 155 and 162 notes at the Kwangtung Fro- Chesterfield Suites, Teak Dining level Business done: 1,320,000 vincial Bank before leaving the Boom and Bed-Room Furniture,

city.

Office Furniture. Carpets, Bugs, Wheat:-Trading today was The Chinese Customs is in-Gramaphones and Records, Glass- on a broader scale and we expect structed to enforce this ruling and E. P. Ware, Clocks, Brass and prices to work higher unless the handed down by the South-west Aluminium Ware. Cutlery, Pic- South-West receives substantial Political Council, although the tures, Typewriters, Porcelain moisture. Total sales: 34981,000 instructions from the Ministry Ware, Electric Table Lamps and [bushels.

of Finance, Nanking, are that Fans, Steel Filing Cabinet, Hand Cotton:-We are reliably in exports of gold are permissable Sewing Machine, Ornaments, etc. formed that it will require a 12- up to $500 worth. The Canton etc. cent basis for middling to move Government wants to preserve the loan-cotton. Today's aver all gold and silver in this city. A Few Pieces of Black Wood. age price for middling spot was Surtaxes of 20 per cent. 11.63 cents. We..would favour nine excises. which were levied purchases of July cotton The some 18 months ago for the unfavourable weather conditions Stabilisation of the Government are aiding the Soil Conservation banknotes, are extended to-day 20th. April 1936.

for programme in reducing the pre-months. No explanation is given a further period of six viously indicated acreage.

Flash:-Average daily produc- tion of petroleum during thej past week is estimated at 2.890.the surcharges are paper, sugar, Imported goods affected by 600 barrels. against 2,832,000 | dyes and papers.

Dealers in barrels the previous week. `·

these goods petitioned against The Edison Electric Institute their further prolongation, but, estimates electricity production at their plea was rejected, appar-] 1,934,000,000 kw.h. an increase ently owing to the fact that the

for the extension of these sur- itaxes.

of 121 per cent from the corres- Provincial Department of Fin- ponding period of last year. ance wants more money to cover

the decrease in revenue.

COMMODITY PRICES

The following quotations have been received by Eauter.

Prev. Yesterday Closing Closing

MAGDEBURG FIRE INSURANCE CO. Interests Widely Spread

REPRESENTATIVE IN CHINA

One Piano "Rosenkranz,” Three Radio Sets. On View from

the

Monday,

Terms: Cash on Delivery

LAMMERT BROS..

Auctioneers.

Hong Kong, 16th April, 1936.

TERRITORY OF LAKE TSANA

British Or Italian Influence?

MATERIAL FOR DISPUTE

* CHINA. MAIL" SPECIAL

Rome. To-day. Recording the uneasiness ex- pressed in British papers at the Italian occupation of the Abyasi- nian Customs port of Gallabat on the Sudan frontier, it is declared The Magdeburg Fire Insurance by official circles that no anxiety Company, whose Hong Kong and is felt at the proximity of British Canton Agents are Sander, Wieler ad Italian troops on both sides and Co., was founded in 1844 with of the Sudan frontier. There was a capital of 1 million talers

(3 no reason for supposing that 'Bri- million marks). As long ago as tish soldiers would set foot 1851 the company had extended its territory occupied by Italians, or business spheres into countries that italian soldiers would pere- out of Europe, and it has gained trate to the spheres of British in- influence over 16 German and for-terest.

cign insurance companies through! the purchase of shares.

41

New York Cotton:-

May

July

October December January March

Spot

11.34 11.39 11.00 11.09 10.35 10.43 10.36 10.43 10.46 10.390 10.44 7.0.54 11.74 11.72

New York Rubber

May July

16.08

16.19

16.10 16.21

September December March

16.29 16.32

16.43

16.43

16.56a

16.550

Friedrich

Chicago Wheat:~~~

May July

9636

48

September

894 ST

903% $834

Chicago Corn:—

F

May

61.

n.

July

61

Winnipeg Wheat:

May

$18

81%

July

October

3218 $3

83 83%

A warning note is, however,

the Its founder,

semi-official Knob- sounded by

which Lauch, initiated a new slogan in Giornale Italio,

states the insurance business, saying that the Italian soldiers are ready

counterblow that "all risks are acceptable if to deal a

to any an appropriate premium is paid" threat. This remark was called Apart from fire insurance, the forth by an article, in the Daily company has insurance branches Express, which stated that hither-

the Lake for Machinery. Theft and Lar-to

Tsana

lake cency, Transport, Accident, Dam-been considered a jage, Automobiles, and a special and would always continue- Mail Insurance branch.

to be considered So. The Mr. Dunkel, who is travelling in Giornale d'Italia writes that Lake the Far East on behalf of the Tsana is, or rather was, an Abya-

the- South Chinasinian lake and is now in Company, has left for Shanghai and Narking, and hands of Italian soldiers.--Trans- will from there proceed to the Ocean Service. North. He is travelling back to

had

British

GIRL ARTIST'S ESCAPE

Miss Dawn Davies, aged 22, a

- Telephones (new) 39 n. China Buses Sh$111⁄4 n. Singapore Tractions 21/- n. Singapore Tractions Pref. 28/-

The

Industrials

Malabon Sugars $9:40 m Cald, Macg. (Ord) Sh.$191⁄2 1. Cald, Mecg. (Pref.) Sh.$15 n. Canton Ices $13⁄41⁄4 2-

AN THAS WHAT YA GETS) FOR SHOOTIN' AT

SPINACHOVA

COME ON,

POPEYE-

GET

INTO

OUR

ROW.

BOAT

6034

6024

Cements $94 b. and 32.

HK Ropes $41

Stores, etc.

Dairy Farmsz $19.35 h., $19% sa Watsons $3D-

Lane, Crawfords $64 1. Mackintoshs $5 . Sinceres $2 n.

Wm. Powells 50 cts. n. Wing On (HK) $55 Miscellaneous Entertainments $2.90 n. S. C. Enterprises $1.35 n....... Macao "Greyhounds. "$2 n Constructions (old) $154 Constructions (new) 50 cta. 1 Vibro Piling $4 n.

Ch. Govt. 5% 1925 GBds.

934 0.

Germany, on the ss. Gaeisenau în May.

RAW RUBBER PRICES

Latest Quotations From variety and radio performer, was

Singapore

found semi-conscious last month bedroom at in her gas-filled Blackpool. The gas had appar--

Messrs. H. B. Joseph and Co.jently blown out. have. received the following quotations in Straits currency from Singapore for Raw Rubber.

· Spot 26 % Up % b. *May/June 27 1⁄4 b... Unchanged.

July/September 271⁄2 b.... Un-

changed.

HK Cost, 4% Loan 5% prem. b.f| HK Govt. 34% Loan par. b. Wallace Harpers $4 n-

To-morrow.

FAMILY OVERCOME BY GAS

Mr. and Mrs. Fred Goring and their two daughters were over- their October/December 27 34 b., Un-jcome by escaping gas in

changed.

home at Sheffield last month, but · Market:-Firmer.

were rescued in time.

"The Key To The City?"

HERES THE PLIERS, |ADMIRAL-BETTER

GET THEM NUTS OUT

BACK ON THIS SHIP'S

LIABLE TO

SINK

OH, IF

YOU COULD ONLY KNOW.

HOW I HATE

YOU!!

HONG KONG $ DIRECTORY 1936 ISSUE-

NOW

ON SALE

THE NEWSPAPER ENTERPRISE LTD.

3.A, Wyndham St.

Tel. 20022

1