1936-05-06 — Page 8

BANKS

HONG KONG AND SHANGHAI

1

BANKING CORPORATION

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

Authorised Capitul ........$50,000,000(Incorporated by Royal Charter, 1855.

Insced and Fully-Paid-up 20,000,000|| Esserve Funds:-----

Sterling .....£6,500,000

Hong Kong Currency

Reserve

-$10,000,000

Reserve Liability of Pro-

*Teto:

BE OFFICE: 105G KONG.

BARD OF

LKECTORS

Hon. Mr. J. J. Paterson.

Chairman

G. Miskin Esq,

Depray Chaittaa,

"HEAD OFFICE: LONDON

Paid-up Capital

Heserve. Fund

¦ Reserve Liability of Pro-

prietors

00,000

Live S

Bangkok

Inaba

L'action

Lawnpo

じゅじめ

Hon Mr. W.. Bell, J.R. Masson Eag, Coombe

AE Compton Esq., T. E. Pearce Esq.

Bon. Mr. S. H. Dodwell,

J. A. Plemmer Esq.

MT. Johnson Esq. A.L. Shields Esq.

ANJT

Y. AL Grayburn, Esq.

HANGEDE

BATAVIA

BOMBAY

CALCUTTA CANTON CHEFO DUMBU DALEES

THÙNG

HAK BUNG

FANKOW HABRIN HONGEEW

SAILLA

IPA

JOB RE

QUEE

KUWLOUN

Chand Manage.

BRANCHES :

ISALA LEMPTS

LONDON

LYUNS

MALACCA

MANILA

MUAR Bohome)

XCLUES

NEW YORK

PEIPING

PENANG

BANGOON

SAIOON

SAN FRANCISCO

SHANGHAI

SINGAPORE

SOURABAYA

UNGE PATAKI

TIENTMN

TOKYO

TSINGTAO

YOKOHAMA

Ourrent Accuate opened in Lost Carmancy wod Kad puSIM TRONTAŻ ka one year or shortage partada za lucioni Currency and litering of ma

i will be quoted an application.

ALMU up to date BAYE DEPOSIT BOXES in Extrem sinne TO LET.

Hong Kong, 24th February, 1936.

HONG KONG SAVINGS BANK

De Binicion of them nàova Bank is

by the HONG KONG AND

BEING CORPORATION. Bules may be

WİNİLEMİ OR mpylimasco.

WE TAE HÚNG CONG L SLINGIL RANKING CORPORATION.

V. K. GRAYBCKS,

Chef Manager.

Hong Kong, 24th February, 1936.

THE BANK OF EAST ASIA, LTD. $20,000,000.00 Kattoned Capita" torneowaw

$$,500,000.00 Samurre wad Gadirided Proble# 2,000,306.51

BEAD OFFICE:-HONG KONG.

10. De Tux Road, Central.

BOARD OF DIRECTORS:-

Die koto Chow; Chairman. Koon Chen. 24. Y. Xi__faq__ Woog

Z Trng. Eg.. Chan Ching Abak, Esq. En 200

Bang, F. Wong Chu Son, Eaq. and Xan Ying:

Sac Tung Fo, Eng., Ginal Manager, LT Fong. Eng., Manager.

BRANCHLES AND AGENCIES-

Manufa

مطحون

Sourab

Show pydney Tribunker.

Melbourss

Bowalowy

Ghanghai

New York

We ha

С

Hirag Fanbow Hal

Para

Parowns

Kuvioon London

F hag

Sana'ʻranciaco

Thentarn

Tokyo

Var

Tokobama

Every demption of Banking and Exchang

Lowns grazited on approved

Current Account opened a Lock" Gumuczy Bad Fixed Deposit scored for saurier persude is boost and Foreign Currencies beras whach will be quoted os "application.

Bagent box I Lust.

KAN TONGA P.

Chief Managet.

THE YOKOHAMA SPECIE BANK LIMITED

Established 1880

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

Head Office: YOKOHAMA

Branches and Agencies at

Nagasaki Nagoya

Alexandria

Batavis

Berlin

Bombay

Calcutta

Canton

Dairen (Dainy)

New York Osaka

Paris

Peiping

Bargoon

Feastien (Makdez) Rio de Janeiro

Hamburg

Hankow

Karbin

Hong Kong

Honolulu

Hsinking

Karachi

Kobe

London

Los Angeles

Manila

Moji

Seattle

San Francisco Semarang Shanghai

Singapore

Sourabaya Sydney Tientsin

Tekyo

Tsingtau

Yingkow

Interest allowed for Current Ac- counts.

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

G..KISEINAMI,

Manager.

Hong Konz, 10th March, 1936.

THE CHINA MAIL, WEDNESDAY; MAY 6, 1936

Commerce and Finance

£3,000,000 FLIGHT OF GOLD]

£3,000,000

..£3,000,000

Agencies and Branches:

متمل

Ipo

bareobl

Kobe

husla Lumpur

Bucking

Madras

Marjano

Zeuron

Zamaran

Satgasban.

Shangha

Dingapore DELJA WAZ Soundbare Taping

Manila

Meda

13

New York

Tongkah

Carg

SOLOADER

buna

Harbin

Hour Foug

L'aug

(I'sking) J'event

Forugh Archangs and General Banking business Curreal vlammuale opened and Msed Depois received du con guac or shorter proosa al coles wasch will be quoted on sppitosition.

A. BREARLEY,

Manager.

Hong Kong, 1st January, 1935.

THE

FROM PARIS

Devaluation Of Franc Feared

"CHINA MAIL" SPECIAL

Lender. To-day.

The flight of gold from Paris has begun again on a big scale. This is due to the election resulti the Parliamentary which shifted

power so considerably to the Left and which created a fear of a de- the franc.--Trans- valuation of

Ocean Service. Paris: The

Finance Minister, M. Regnier, states that no special measures will be taken to control

AMERICAN EXPRESS COMPANY, foreign exchange or put an

bargo on gold-Reuter.

INC.

Ancorporated with lumuted Liability in Tišiă-

Head Office: 65, Broadway,

Capital Surplus Reserves

New York

U.S.$6,000,000.00

2,183,633.00

BRANCHES:-

انی

870,731.00

Azzistoriam ABIOND

Ámun

Becuo Babay Section Brunnsla

The tags Harapa

Hamburg Kar Handelberg Interi

Matros Juan

Naples Prince

Bossardian Bame

Shanghai-

Calcutta

Southamp

CALDAR

Singapore

Twaine

Moule Cera Manila Minach

Vizana

Yokohama Zanch

Coimba Copenhagen Dolla Edinburgh

Cratert

London

jkverpool LAUDANTSA Logana

|

́LOCAL DOLLAR

STEADY

Silver Prices Fall

em-

dollar is steady, The local opening on demand this morning at 1/3d.

Silver prices fell 1/16. both "spot" and "forward” being quot- ed at 20-5/16.

as

The London on New York cross- rate was quoted at £-US.$4.96%

compared with -U.S.$4.96, while, the New York on London jcross-rate was quoted at £—US.- $4.96, as compared with 5—U.S.-

Branches of American Express $4.957%. Company in Principal cities of United States of America and Canada.

All classes of Commercial Banking Transactions undertaken.

Hed

Personal investment accounts hand-

SHARE MARKET

TO-DAY'S QUOTATIONS

The following was the list local share quotations issued [day:-

of

to

Banks

11

H.K. Banks $1.340 b., $1,540 sa HK Bank (London) £1034 Chartered Bank 14 a. Mercantile

Bank A. and £30% a. Mercantile Bank C £13% n. Bank of East Asia $73 n

Insurances

Canton Ins. $275 n.

Union Ins. 515 b.

China Underwriters $1. China Fire Ins. $480 - H.K. Fire las, $250 n. International Assce. Sh531⁄4 n. Shipping

Douglases $36 a.

HK Steamboats $4 s. Indo-Chinas (Pref.), $30 a. Indo-Chinas (Def.) $20 m Shell (Bearer) 98/14 . Union Waterboats $12.20 n.

Mining Antamoks $2.40 b.. $214 5. Balatocs $21. Baguio Gold 27 cts. b. Beague: Consolidated $184

$184 sa.

MERCANTILE BANK OF INDIA

Annual General Meeting

12 PER CENT, DIVIDEND DECLARED

NEW YORK STOCK MARKET

Bearish Opinion Unchanged

TECHNICAL RALLY DUE

Messrs. White, Weld and Com-

The 43rd annual general meet-any, New York Correspondents

for Messrs. S. E. Lery and Com-} jing of the shareholders of the

pany, report:-- Mercantile Bank of India, Ltd was held in London on March 31 ion is unchanged, and we still be- Stocks: Our recent bearish opin- the Rt. Hon. Lord Catte of Cairnlieve that a technical rally is about catto (the Chairman) presiding. due. We would sell industrials at In the course of his report the around the 150 level. Businesss Chairman mentioned that Eastern done:-1,170,000 shares. banking in the year 1935 showed

and the

+

from

NEW ADVERTISEMENTS

PUBLIC AUCTION

THE Undersigned have received. instructions to sell by Pablie

Auction

од

Thursday, the 7th May, 1936 commencing at 11 am.

at Kien Tye Loong Godown, No. 8 Praya. Kennedy Town for account of the concerned 154 Bags Siam No. 1 White Rico 44 Bags Siam No. 1 White Rice (more or less damaged by sea- water).

Terms: Cash on Delivery

LAMMERT BROS.,

Auctioneers.

no substantial improvement over ale-buying from various foreign Cotton: There was some strade the previous year,

net sources, including Liverpool, while profits of the Bank were the Producers Pool has been sell- Hong Kong, th. May, 1936... proximately the same as for 1994, ing for May. We expect a gradual namely, 174,266 against £173,398. appreciation of new-crops

Referring to China and long now onwards. Kong, the Chairman said:~·

Wheat: Private estimates of the "The general position is act crop indicate a yield of 485.000.000 less obscure than it has been for bushels. The condition of the some years, and the trade of the crop is about 70 per cent. of! country is suffering considerably. normal, while the acreage aban- The figures for the foreign trade doned amounts to 21.9 per cent, of of China for 1935 are given as: the total. All these factors are Imports. $919,000,000 against bullish, but we would still avoid $1,029,000,000 in 1934; Exports, (buying on bulges.

$575,000,000 against $535,000,000| in 1934."

The report and accounts were adopted unanimously, and a final

Total sales:21.689,000 bushels.

dividend on the "A" "B," and COMMODITY PRICES

"C" shares of the Bank of 6 per]

GERMAN SHARE New York Cotton:-

THE UNMARRIED WIDOW

Drew Pension For 15 Years

PRISON FOR FRAUD

The story of a woman who for 15 years had drawn a pension la soldier's widow, only to have ther fact that she was untaarried re-

The

WOMAN,

and

vealed to her grown-up son b. cent. making 12 per cent. for the

The following quotations have daughter, was told last month at year, less income-tax, was apbeen received by Beater.

Marylebone police-court." proved.

Prev. Yesterday

Amelia Matilda Closing Closing (Hale, aged 55, of The Chine, Sud- bury, was sentenced by Mr. Ivan Snell to three months' imprison- ment in the second division for fraudulently obtaining three sums of £1 63 Bd from the Minis- try of Pensions. She pleaded guilty.

Benguet Exploration 22 cts. 3. Big Wedge 35 cts. n. Demonstration 75 cts. n. Gold Creek 15 cts. n. Gold River 34 cts. sa. Itogons $1.20 n.

LXL $1 b.

Salacots 11 ets. n. Kailing Mining, Ad. 11/6 n. Langkats (Single) Sh.$10 m.

RAW RUBBER PRICES Masbate 10 cts. b.

Latest Quotations From

Singapore

Messrs. H. B. Joseph and Co. The Company offers to intending Travellers the use of its "Travellers have received the following que- Cheques" and Letters of Credit and,tations in Straits currency from in addition, the world-wide services Singapore for Raw Rubber. of its thoroughly equipped Travel Department.

C. EL BENSON,

General Manager.

THE CHINA & SOUTH SEA BANK, LIMITED

(Incorporated in China) Head Office-Shanghai Capital

......$7,500,000.00 Reserve

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

China

Forsigo, Exokange and Onparal Banking Business tracted

Maonge

Current and Saving Looounce opsoed and Fixed Deposit reoweed for now zuar de uborar peciona strain with will be quoted, on application.

OU Z CEANG,

HONG KONG BRANCH: 24, De Vaux Band. Contra!. Manager's Of Tat 33565 Formiga Exchange Depi, vien Greer om

Center's Out

Spot 25% b. Down 4. July-Sept. 26 b. Down - Oct.-Dec. 261k b. Down 14- Jan-March 264 5. Down 3%. Market:-Uncertain.

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE:

15. Gerbarth Street, London, E.C.8. Authorised Capital $3,000,000 Subscribed Capital .. 1,800,000 Paid-up Capital

.... 1,050,000 Reserve Fund & Rest 1,247,880

BANKERS

Ton Bank of England & Midland Bank, Ltd.

Bangkok

Calcutta Colombo

*BEANCIES:

10

Landy

Karachi

Kota Bharu

and

Deiti Gailo

Kus's Lipie

Scala Lumpur

Hoe Eong How-

M

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. Fixed Deposita re- ceived at rates which will be quoted en application,

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

PHILIP GOCKCHIN

Chief Manager.

RELIABLE PRINTING

no order too small

THE NEVERPAPER ENTERPRISE LYTA

GHIKA MASZ OLAR.

JA WYNIKAR NE.

Kuantan (l'abang)

New York Penas Port Louis

(Youritiu Respon

سورة sha

„Pangajar

HONG KONG BRANCE.

Every description of Banking and Exchange businek smpacted.

Travaliers beqare insurd,

Trustee and-Execusanzige undertaken. INTEREST Biasend on Current Accounts sad Pized Deponite at Batan, that may be ascertained

pi

E. FENNEDY,

"Queen's Bond, Central

Hong Kong, h July, 1900

THE

Hanger.

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)

Capital paid up $5,000,500. $7,300,000. Reserves Capital Savings Dept. $500,000. Beserve 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,

S'hai Exploration Sa.34% n. Shanghai Loans Sh.34 a. Raubs $11.20 sa. San Maurice $1 m. United Paracale 764 ets. 1. Venz: Goldfield 3% n.

Docks, etc.

HK and K. Wharves $91 z. H.K. and W. Docks 39 n. Providents (old) $1% n Providents (new) Hong Kew Sh$185 m... New Engineering Sh.$4 a. Shanghai Docks Sh.$100 n.

Cotton Mills Ewo Cottons Sh.331⁄2 b. Shanghai Cottons (old) Sh.$74

b.

MARKET

Prices Show Distinct

11.52 11.52 11.03 11.09

It was stated that the total sum she had thus received was £963 ds.

May July

1October

10.15

10.24

December

10.16

10.25

January

10.18

10.27

Sag

March

10.22

10.29

Spot

11.62

11.62

Berlin, To-day. The offers exceeded the de-

New York Rubber:-

May July mands on the share market yes-September terday, so that prices showed

3 December distinct sag, the reason for this March change of tendency being chiefly Chicago Wheat:- explained as due to the uncer May

15.68a

15.652 3L

15.73

15.72

15.891 15.942

:

15.97

15.92a

16.086

16.05a

98%

96%

(tainty in the international

ex- July

ST

S734

change market, the weakness of September

854

35%

the franc as result of the outcome Chicago Corn: of the elections. and the rumour July

60%

60%

that a further stiffening of the September

59%

59

*

bank rate in Paris is impending. Winnipeg Wheat:- At the lower price-level, however, Mas the turnover was considerable.

77%

784

July

*934

7914

Fixed interest securities were October very firm. Call money stood - atj 12% to 3 per cent, -Trans-Ocean

SO

80%

Shanghai Cottons (new) Sh-Service,

$393 b.

Zoong Sings Sh.$12 a Wing On Textiles Sh.$25 1. Lands Hotels, etc. H.K. and H. Hotel $4.80 3. H.K. Lands $30 n. H.K. Lands

4%

REICHSMARK QUOTATIONS

Berlin. To-day. The Reichs. mark was quoted yesterday with- out guarantee, at: New York, Debentures 40.25: Paris. 610.5; Amsterdam,

59,375; and London, 13.325. Paris quoted the pound sterling at 75.42

100% b. Shanghai Lands Sh.318 n. Metropolitan Lands Sh. $10

Humphreys $8.80 1.

H.K. Realties $5 m. Chinese Estates $82 n. China Realties Sh.$4 . China Debentures Sh.$60 n.

Public Utilities

H.K. Tramways $10.00 5. Peak Trams (old) $7 n. Peak Trams (new) 33 n. Star Ferries $981 b. Yaumatj Ferries $19 m.

C. Light (old) $1034 s4, $10.60

Sa

C. Lights (new) $7.35 b.

H.K. Electrics $51 h., $511⁄2 63- Macao Electrica $20 n. Sandakan Lights $8.30 n. Telephones (old) $25 b. Telephones (new) $0 n. China Buses Sh‡11% n. Singapore Tractions 22/6 b. Singapore Tractions Pref. 28/-

1.

Industrials

Malabon Sugars $8.40 m. Cald.. Mace (Ord.) Sh.319 Cald.. Mecg. (Fref.) Sh$15 m

POPEYE.

- I FEARS NO MAN

AN I FEARS NO BEASK.BUT I DOES

"A Necking Party.”

FEAR EVIL SPIRIKS.-. AN I DONT-LIKE THE SMELL OF THIS MUSTY OL

PRISON

"YOU LOOK LIKE THE ORIGINAL. BLACK GHOST FROM THE SEA OF HILLS-HAH!COVER- ED WITH DEAD BLACK

| SILK AS YOU ARE, YOU'LL

BE INVISIBLE TO HIM IN

THE DARKNESS OF

YOU WISH.ME TO KILL THE ONE-EYED,

RAT?

YES,BUT BE CAREFULL HE HAS ALS MUSCLES OF STEELT

HOW WILL YOU DO IT?

BRITISH REVENUE

RETURNS

Surtax Shows Small Increase

London, Today. The exchequer returns show to 75.45, and the US. dollar at that the total ordinary revenue, 15.1887 to 15.1925.-Trans-Ocean (excluding self-balancing items. Service.

Canton Ices $134. Cements $10 b.

HK. Ropes $4.40 n. Stores, etc.

Dairy Farms $133 s. Watsons $2.35 b. Lane, Crawfords $634 n. Mackintoshs $5 n. Sinceres $2 n.

Wm. Powella 50 cts. n. Wing On (HK) $50 n.

Miscellaneous

Entertainments $2.90

.

S. C. Enterprises $1.35 Macao "Greyhounds” 32 n. Constructions (old) $1 E. Constructions (new) 30 cis. b. Vibro Piling S4 n.

Ch. Govt. 5% 1925 G$Bds.

9334 .

HK Govt, 4% Loan 5%%% prem

Prosecutor's Case

Mr. G. B. Saywell, prosecuting, said that. In 1900 the woman be-- gan to live with a shoeing smith- named Leavesley, who had served in the Cavalry. They had several, children. In 1914, owing to short- age of shoeing smiths, Leavesley, rejoined the Arty.

as

Because of the somewhat meagre . provision at the time for “un- married wives" Leavesley decided to enter the service

Ernest Hale, and described the womAN AS his wife To do so, he produced the marriage certificate of her sister, whose married name Hate.

In 1921 Leavesley died in a mili- tary hospital, and the defendant

claimed a widow's pension. She

was granted 26s 8d a week, and (continued to draw it up to last

January.

Enquiries Made

en-

When the Ministry made amounts to £50,807,314, compared said she did not think that in the quiries, the woman confessed, but

circumstances she had done any-

with £58,613,706 at the corres- pending date of last yeaT. The surtax alone among the principal thing wrong. revenue heads shows a small in- !

with the same crease compared time last year.

with

Mr. Elam, defending, said that the woman was in * precarious state of health. following an in- ternal operation. Her own life was The total ordinary expenditure, not only ruined, but the disclosure exclusive of self-balancing items, that she was not married had come as a shock to the son and

with- The deception originated the man Leavesley. Having a wife- alive, he could not marry the de- fendant. On his death-bed ke-

that told her that he considered

the she was morally entitled to Detectives were last month ia-pension. and accepting this she vestigating a theft at St. Stephen's made her claim Vicarage. Upton

is £82,668,080, compared £82,773.295 at the corresponding daughter. date of 1935.-British Wireless Service.

VICAR ROBBED OF £60

.'

Park, E., while "She was morally entitled tó z [the vicar was conducting morning pension if anybody was entitled to service. When he returned home it," added Mr. Elam, "and this is he found his study had been

ran-ja case worthy of sympathy rather H.K. Gort. 3% Loan par. b., sacked and more than £60 in cash than punishment and Wallace Harpers $1.

b.

To-morrow.

stolen.

Sinister Shadow.”

ILL USE MY

HANDS- JUST)

MY HANDS

tion"

retribu

HONG KONG $ DIRECTORY 1936. ISSUE

NOW!

ON SALE

THE NEWSPAPER ENTERPRISE LTD.

3A, Wyndham Si

Tel. 20022