1936-05-12 — Page 8

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Anchorised Capital

$30,000,000 Laced and r day-Paid-up 20,000,000| Berve Fids.-

Sterling...£ 6,500.000 Bong Kong Currenty

Reserve...$20,000,000

Reserve Liability of Pro-

prietors

BEAD OFFICE: HONG KONG.

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

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA incorporated by Royal Charter, 1853 HEAD OFFICE: LONDON

| Paid-up Capital

Baserve Fund

THE CHINA MAIL, TUESDAY, MAY 12, 1936

Commerce and Finance

3,000,000 SUPPLEMENTARY SHARE MARKET

.ES,000,000 Reserve Liability of Pro-

prietors

.......£3,000,000 Agencies and Branches:

Bangón baigos Sepahing

.$20,000,000

aloe Sur

Haile

Acaria

Pagkak

Manol

Bey

Know

Cheeta

Casson

Carragee

C

New York Poping

G. Miskin Esq.

Deputy Chairman

Hon Mr. W.H. Bell, J... Masson Esq., Colombe AH, Compton Esq., T. E. Pearce Saq. Euphone Hon. Mr. S. H. Dodwell,

Bumburg

naion Plammer Esq. MT. Johnson Esq. AL. Strelds Esq.; Hour Long

BATAVIA

Fair CIT

V. M. Grayburg, Esq. Chuet Mag.

CASTUM CHEFU QULAYBO DAIBAN

POUL HOTE KARHUNG HAMBURG HANXOW

HARMIN

HJSUXXW

BB4SCHES

LIVE

FORORX

AUJR

KUALA LUMPER

SULOGN

LONDON

LAN MALACCA

MANILA

MLAR QINÚ

MUEDES

NEW YORK

PLIPINO

PASANG

RANGON

DAN FRANCISCO

SHANBA

SINGAPURE

SUCHABAYA

SUNGE PATANI

TIENTSIN

Iva

INNUTAU

TOKOULMA

Current Adonate opened to Loan Currency and Paul Depende omvat for one year or storier

da in Loons Currency sad Sarung of socie

grana wild be grocal or appúðaóì.

and up

SAFE DEPUart BOXES i

SOSING A TU LET,

Hong Kanz, 4th February, 1936.

HONG KONG SAVINGS BANK

The Bues of the shows tans is conduct w Ay the HONG KONG AND ➡HANGHA MANDING CURPURATION.

Home Stay D

GLEN OH AND SHANGHAI

FOR HE

BASKING CORPORATION,

V. MUKAYзUAN,

Chaal Maang

Hong Kong, 24th February, 1936.

THE BANK OF EAST ASIA, LTD.

Laborand Capita

Ampacte and Cadenced P702

น

Smals Lampar Fucking

Xudan

phangha Singaporn SKELTER Sourabaya Taping

За п

Joogak

نسايموت

EXPENDITURE

Damage To Piers For Vehicular Ferry

FINANCE ITEMS TO BE SUBMITTED

His Excellency the Governor, Mam Sir Andrew Caldecott, will sub- Forsiga dizoleage and Geoersi Beaking beslomit the following items of sup- Verrent Accosse open and Find Depositplementary expenditure to the Committee. of the moved for dos yuse, or shorise persoda a este Finance who will be quoted on applicatiMD.

A. BREARLEY, Legislative Council to-morrow: (1) A revote from the ua- expended balance on the 1935 vote for the building of Wan- chai Market, $75,000;

Manager.

Hong Kong, 1st January, 1935.

THE AMERICAN EXPRESS COMPANY, INC.

Incorporated with Zimused Liability in USA.

Head Office:--65, Broadway, New York

Capital Surplus

Beserves

Autwar

Ден

الطلعة

Busin Barlas

(2) For the acquisition of raluable sites at Mount Kellett, purchase by auction, $2,284:

new

(3) To complete the Police Launch No. 1, 41,800: .U.S.$6,000,000.00

(4) A revote of for a new 2,133,633.00

870,731.00 motor-ambulance for the Fire

Brigade, $8,500:

BRANCHES:

Gianna Lilasgow The Ungro

Цатына Bamburg HATTY Sudalberg igeria

Matrix Men Kin Neprom Preus

(5) Purchase of a 26 h.p. Chevrolet Van for the Volun- teer Defence Corps in accor- dance with the policy of carry- ing out mechanisation of the Machine-gun Troop. $1,650;

m

Beszen Brumala

Laing

Calorie

Candel Colombe Copenhage

Edininirah Floramos

Dub

لك والرجول

Leados

Lucerne Lauga LuLor Karmaline Koni Cario

Muntin Maak

Papag Rotterdam Bobe shangha Bounampo

ungspor

Vanza Vadios Yukokuuza Zurich

Branches of American Express Company in Principal cities of United $20,000,000.00! States of America and Canada. .8 %,506,405.00! 1,566,304.69 )

HEAD OFFICE HONG KONG.

Ja, One You Ca

BOARD OF DIRECTORS:

but i was Chew, ChaZELNIL.

All classes of Commercial Banking Transactions undertaken.

Personal investment accounts hand-

Bouled.

Shes Eas.. P. K. K❤ Bajas, Jun Tong, By. Chan Ching bien. Enqu Bug, Eng. Tung Chu Sea, Eng. and Kao Ying

-Bay Tung Po Eat Chu Manger

BALETA

Bombay

Choo

Managw.

BRANCHES AND AGENCIES:-

Mecours

New York

عماره

The Piping

ל

Shangha

Source

FALTOGE

Ny Siamy

Hooks

Tataka

Kam

Bang200

Tingtin

Tanjo

San Frmaciace

Vancouver

Toron London

Every "denir.place of Inchua and Zxchange Lones graced sa approved

BLAC

Master Justin

(6) Maintenance of Vehicles Ferry Pier at Jubilee Street and at Jordan Road, $10,000 each;

(*) Cast of work in hand in building of Trade School, Wood Road, Wanchai, $32.000;

(3) Equipment and upkeep of arms for Volunteer Defence. Corps, $3,000;

.(9) Uniforms, including boots, for Volunteer Defence Corps, $3,000.

Items Nos. 2, 5, 8 and 9 are The Company offers to intending to be met from savings under Travellers the use of its "Travellers the various sub-heads, and in Cheques" and Letters of Credit and connection with Item No. 6 it is) in addition, the world-wide services

of its thoroughly equipped Travel stated:---

| Department.

C. E. BENSON,

General Manager.

THE CHINA & SOUTH SEA BANK, LIMITED

(Incorporated in China) Head Offer Shanghai

CLUBE $nte and Frand Expante

apead is Local Curry

recured for your

G

Capital

Reserve

China

mod Faces Currencies terte winst will be qeround CHE NOBLOK, Sais Deposit burn To th

KAN TONG PO.

Chisel Mounger.

$7,500,000.00

$1,500,000.00

Branches-All Important Cities in

Grenached.

Damage has been caused to the piers at Jubilee Street and Jordan Road by vessels of the Lessee, the Hong Kong and Yaumati Ferry Co. at intervals since the commencement of the vehicular ferry service.

1:

day:-

Banks

DEFICIT IN US. BUDGET

Huge Appropriations

Approved

NEW YORK STOCK

MARKET

Continued Drift Expected

Washington. To-day PRICES AGAIN MOVE LOWER

The House of Representatives

yesterday approved the 32.364- Messrs. White. Weld and Com- 000,000 Budget Deficiency Billjpany, New York Correspondents

RADIO

TO-DAY'S PROGRAMME

The following programme will the TO-DAY'S QUOTATIONS The following was the list of providing for the appropriation of for Messrs. 5. E. Levy and Combe broadcast to-day from

Hong Kong Broadcasting Station New Deal system of unemploy- "Stocks:-We expect continued ZEW. on a wavelength of $55 local share quotations issued to $1.425,000,000 for continuing the pany, report:

ment relief. The measures in-drifting markets which will be metres, (845 EC's). clude the provision of $308,000,-vulnerable to bad news and meet-11 pm-European Programme.

4-7 pan-Chinese Programma e.. 1000 for the maintenance' of $50,-jing with strong resistance on any 1000 youths in over 2,000 conserva-rallies. Prices to-day again mor- Orchestra.

tion camps, and $455,000,000 forled lower, especially industrial is-Ballet Egyptien-Suite (Luirini). starting a social security plan.

ques. The volume of trading. Entr'acte Gavotte ("Misson")

Mennett (Beethoven).

H.K. Bank $1,555 za... H.K Bank (London) £105 . Chartered Bank 5144 n. Mercantile Bank A. and

£30. Mercantile Rank C. 13 .. Bank of East Asia $75 a. Insuranor Canton Ins. $275 n. Union Ins. $5274 1 China Underwriters $ . China Fire Ins. $480.. H.K. Fire Ins. $250 2. International Assce. Sh$3 n. Shipping

Douglases $36 . HK Steamboats $4 r. Indo-Chinas (Pref.), $30 m Indo-Chinas (Def.) $20 n. Shell (Bearer) 96/4% n Union Waterboats $12.20 n.

Mining Antameks $2.49 b., $234 sa. Balatos $21. Baguio Gold 28 ets. n.. Benguet Consolidated $18% Benguet Exploration 20 cts. b. Big Wedge 29 cts. n.

Reuter.

U.S. MONETARY POLICY

Working Agreement With China?

Washington. To-day.

however, was

extremely light.

7pm-Marek

(Thomas).

Weber

and

Business done:-550.000 shares Village Swallows from Austria

"Theat:-The Government es-

(J. Strauss).

timate of the winter crop is con- The Squirrel Dance (Smith). sidered a bullish factor. It is The Nightingale's Morning Greeting

(Reckterwald)

lower than had been anticipated.

1.30 p.m.-A Violin

We would take advantage of good Fritz Kreisler. advances in order to sell. Total |sales:-17,604,000 bushels.

"Cotton:-We expect heavy and The Sino-American monetary very benefcial rains in the North discussion is understood to West and also the Western Belt have been completed or to be in Rains are needed on the Atlantie its final stages. Some working coast We expect a premium in agreement on monetary affairs October wheat over distant op- is believed to have been reach-tions.

ed, but Mr. Henry A. Morgen- "Flash: Steel mill operations thau. Secretary of the Trea-for the past week are estimated at sury, indicated that the terms 69.1 per cent of capacity. may be kept secret.

Later the White House ar-

bounced that the conference on | COMMODITY PRICES

between The following quotations have Demonstration 30 cts. b., 79 eta Mr. Morgenthau and the Chin-been received by Beuter.

Gold Creek 15 cts. n. Gold River 3 cts. n.

Itogons $1.20 b.

LXL. $1. Salacots 11 cts. n. Kailing Mining Ad. 11/- b. Langkats (Single) Sh$10 a Masbate 77 cts. b. S'hai Exploration Sh.$41⁄2 m Shanghai Loans Sh.$4 n. Raubs $11.20 m. San Maurice $12.

United Paracale 80 cts. b., 78:

cts, sa.

Venz: Goldfeld $4 b.

Docks, etc.

HK and K. Wharves $90 sa. H.K. and W. Docks 39 TL Pravidents (old) $1.20 3. Providents (New) 20 cts. n. Hong Kew Sh$185

New Engineering Sh.$4 m. Shanghai Docks Sh.$100 n.

Cotton Milis

Ewo Cottons Sh$84 b. Shanghai Cottons (old) Sh474

b.

a

The cost of making good the damage has been met from a Suspense Account pending settlement of claims made ou the company.

negotia- After protracted

Foreign Exchange and General Banking Botions it has been agreed to Current and Saving dononte opened and Fixed accept a sum of $11,600 (each THE YOKOHAMA SPECIE BANK Deposits received for one year of short periods on account of the two piers),

LIMITED

Established 1850

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

Reserve Fund

.Yen.129,150,000

Head Office: YOKOHAMA Branches and Agencies at

Nagasaki Negoys New York Osaka.

Alexandria

Batavia

Berlin

Bombay

Calcutta

Canton

Paris Peiping Dairen (Daisy) Rangoon Fengtien (Mukden) Rio de Janeiro San Francisco Flamberk

*Seattle

Semarang Shanghai Singapore

Harbin

-Kobe

London

Los Angeles

Manila

Moji

Sourabaya Sydney Tientsin

Tokyo

Tsingtan

Yingkow

Interest allowed for Current Ac- counts.

Deposits received for fixed periods

at rates to be obtained on applica-

tion

Manager.

G. KISHINAMI,

Hong Kong. 10th March, 1936.-

sia which will be quoted_on_application.

NOU Z. CHANG.

Yanager.

HONG KONG BRANCH:

Manager's Of

TAL, 23360 $3566

3. Der Vor Bood. Central,

Foreign Exchange Deplu maran Grumeni. Offer

Conver's Qara

$6,700 of which will be credited ito

Account Advance

for to damages caused Jubilee Street and Jordon Road Piers. essen full settlement of all claims for damage done by the com- pany's vessels to the piers used by it to February 29, 1936.

vote is A supplementary therefore required to liquidate the Suspense Account and to meet the estimated cost of maintenance to the end of the year.

THE WING ON BANK, LTD.

Head Office: Hong Kong

25. Der Voeux Road Central Authorized Capital $10,500,000 LONDON BANKERS:— Westminster Bank, Led Foreign Exchange and every des- cripton of banking business transact ed.

Current Accounts and Savings Ac-

counts opened. Fixed Deposits re ceived at rates which will be quoted on application.

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

PHILIP GOCKCHIN

Chief Manager.

QUALITY PRINTING With Quick Service

THE NEWSPAPER ENTERPRISE LTD.

SIKA KAN. ULON,

THE

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)

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

.$7,300,000. Capital Savings Dept $500,000. Reserve Savings Dept. $600.000. Read-Once-Shanghai

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

6, Queen's Road Central" Phone 31116.

Shanghai Cottons (new) Sh.-]

$39 b. Zoong Sings Sh$12 a. Wing On Textiles Sh.$25 a.

Lands, Hotels, etc. H.K. and S. Hotel $4.65 m. H.K. Lands $311⁄21⁄2 sz HK. Lands

49% Debentures

100% b. Shanghai Lands Sh.$15 a

Metropolitan Lands Sh. $10 Humphreys $8%1⁄2 b., $81⁄2 sa.

HK. Realties $5 - Chinese Estates $82 n. China Realtes Sh.44 m. China Debentures Sh$60 a

Public Utilities

H.K. Tramways $11.10 b. Peak Trams (old) $7 n. Peak Trams (new) $ 1. Star Ferries $381⁄2 n Yanmati Ferries $19 1

C. Lights (old) $10.60 b., $10-

65 ka.

C. Lights (new) $7.35 b. H.K. Electrics $51 sa Macao Electrics $20 n. Sandakan Lights $8.30 n. Telephones (old) $25 b. Telephones (new) $9 n. China Buses Sh.$111⁄4 m. Singapore Tractions 23/- b. Singapore Tractions Pref. 28/

I.

Industrials

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

AHOY!

POPEYE.

"The Ghost Walks."

WHAT THE HECK IS THIS, A ONEMAN MUTINY? IT'S A GOOD THING I KILLED HIM: HE MIGHTA GOT ME AND THE

SKIPPER:

DERND IF HE DIDNT

KNOCK OUT THE

WHOLE CREW AND STOW EM IN A

LIFEBOAT

TWEET

IYAM NOT

To-morrow.

TWEET

WHAT THE GOXX!! AIN'T YOU

DEAD?

silver matters scheduled for yesterday afternoon

ese

Chi lese Ambassador and bankers had been postponed.— Reuter.

Silver Prices Rise

20 7/16.

Recital by

1. A May Breeze (Mendelssohn, art,

Kreisler).

2. Londonderry Air (arr. Kreisler). 3. Polichinelle Serenade" (Kreisler),

4. Dance of the Marionette

(Winternitz).

7.45 pm.Songs

Crooks (Tenor).

I

by Richard

The Merry Widow-I Love 503 so (Lehar).

2. Killarney (Balfe).

3. Only my Song (Lebar). 4. Tell me to-night (Spoliansky).

PML-Local:

3

Time

Signal, Weather Report, Stock Quotations and Announcements.

8.03 pm. From the Studio. A Jazz Piano Recital of request numbers by Doreen Mn.

3.25 pm-"Sea Shanties" sang by the Royal Naval Singers.

Prev. Yesterday | 8.30 p.m.-' Relay from Daren- Closing ClosingStarlight" No. 2 Interviews with

LOCAL DOLLAR STEADY

New York Cotton:--- May

July

October .. December

January

March

The local opening on demand this morning

MayTM at 1/39%d

July "Spor" silver advanced to 20% while "forward" rose

Spot dollar is steady, New York Eubber:-

11.60 11.58 11.25 11.26 10.29 10.27 10.30 10.29 10.31m 10.29 10.33 10.31 11.65

11.63

15.291 15.23 15.43 15.34

September to October

15.52 15-45b

December January

15.62

15.55 15.5$

15.74

* 15.64b

94

93.%

8634

85%

85%

84%

Chicago Com

July

613%

60%

RAW RUBBER PRICES September

50%

58%

Winnipeg Wheat:- May

7734

Closed

78%

79%

The London on New York cross- rate was quoted at S-U.S.$4.96% March

as compared with US$4.984 Chicago Wheat while the New York on London May cross-rate was quoted at £-U.S.-J $4.964. "as compared with September

U.S.$4.93.

Latest Quotations From July

Singapore

Messrs. B. Joseph and Co. have received the following quo- tations in Straits currency from Singapore for Raw Rubber.

Spot

July/Sept.

Oct/Dec.

Jan./March

Buyers. .2$

Down .25% Down 4 .25% Down 4

.26 Down

Market:Uncertain.

Canton Ices $134 n. Cements $10 n. H.K. Ropes $4.40 z. Stores, etc Dairy Farms $19 b. Watsons $3.35 b. Lane, Crawfords $634 n.

Mackintoshs $5 Sinceres $1.80 a. W Powells 50 cts. Wing On (HK) $50 n

Miscellaneous Entertainments $2.90 n. S. C. Enterprises $1.35 1. Macao "Greyhounds” $2 n Constructions (old) $1% L Constructions (new) 30 cts. b. Vibro Piling $4 n.

Ch. Gort 5% 1925 G$Bds.

933% 2.

-

October

UNEMPLOYMENT IN BRITAIN

Further Improvement

Shown

London, To-day.

Most of the principal industries showed a further improvement in employment during last month. The exceptions were

worsted mining, woollens, hosiery. The Labour Min-

coal- and

people and

celebrated

excerpts

No. 2 Jose musical

famous stage from their repertoires. Collins

(the comedy actress).

8.50 pm-Gipsy Melodies.” 9 p.m.-A Relay of the Daventry News Bulletin (Copyright by Renter) and Announcements

9.20 p.m--Military Band Concert Grenadier Da Cauense (Meister); Entry of the Gladiators (Frick). Le Reve Passe (Helmer): Officer of

the Day (Hall).

Song-

The Fairy Tales of Ireland

(Eric Coates)

Essie Ackland.

Air Varie sur un theme suisse

(Mohr).

Garde Republicaine Band of France. Pianoforte Solo-

Granada-Serenade (Albeniz)

Air de Ballet; Callisbe (Chaminade)

The Band of HM Coldstreamz

Song-

Ricardo Vines.

Guards.

#

Danny Deever (Damrosch)

Malcolm McEachern and Male

Chorus.

Blue Devils-March (Williams) Stars and Stripes---March (Sousa)

Massed Band of the Aldershot

Command.

Cymbalum Solo-

Waltz No. 1 in E flat

Elec, Racz.

10 p.m.Big Ben from Daventry: Dance Music.

11 pm-Close Dowa

UNEMPLOYMENT

IN GERMANY.

FURTHER DROP REPORTED

“CHINA MAIL" SPECIAL

Berlin, To-day. The campaign against uzе**--

Jistry estimates that at April 27 there were approximately 10,712,- 1000 insured persons in employ-ployment is being continued with. ment in Great Britain -- $2,000 renewed vigour after the termin- more than a month ago and 371ation of the winter relief work. 000 more than a year ago.. The The figures now published show numbers of unemployed persons that the winter unemployment on registers were 1,831,230, com-rise has agafe been eliminated, prising 1,498,579 wholly unemploy-(there now being only 1,763,074 The lowest figure at ed, 247,272 temporarily laid off and workless. 85.379 normally in casual employ-tained was in August, when it was

50,301 less 1,706,000-Trans-Ocean Service. ment. The total was than at March 23 'and 213,200 less than April 15, 1935.

The total of unemployed boys and girls increased by 12,666 be-i

March 23 and April 27, owing to the registration of who left scbool at Easter-British Wireless Service.

H.K. Govt. 4% Loan 5% prem. tween

b.

H.K. Govt. 31⁄2 Loan par. b, juveniles Wallace Harpers $4 n-

"The Captain And The Crew."

TWO POINTS

NORT BY NORT WES' TWEET-NORT EAS*

SOUT (WES' TWEET SPINACH

·FOR THE

ALL OF

US

MO!

RELIABLE PRINTING

no order 100 smäll

THE NEWSPAPER EXTERPRISE LIS

SA SYRNAR ST.

HONG KONG $ DIRECTORY 1936 ISSUE

NOW

ON SALE

THE NEWSPAPER ENTERPRISE LTD.

3A, Wyndham St

Tel 20022