1936-05-22 — Page 8

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital

$50,000,000 Teened and Fally-Paid-up 20,000,000

Leserve Fundā p

Starling...£3,500,000

Hong Kong Currency

Reserve ....$10,000,00

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA Incmrporated by Royal Charter, 1858. HEAD OFFICE: LONDON

Paid-up Capital

Reserve Fund

Bevarre Liability of Pro-

Eeserva Liability of Pro-

prietors

$20,000,000

prietors

£3,000,000 £5,000,000

$3,000,000

READ OFFICE: BỤNG KONG

Banyoon

Agencia and Branches: Alor Star Duke

Larokk

Kuching

Solaris

Bomba

Camper

Modena

Nonlin

Sew York

zialpbang

Humbug

Kimber Harbin

Barn of DisŽLTOES.

Hon. Mr. J. J. Paterson.

Cha

G. Miskin Esq.

Deputy ChartSAME.

Hon. Mr. W.H. Bell, J.R. Masson ES Coombs A.B. Compton Esq., T. E. Pearce Esq.

Hon. Mr. S. H. Dodwell,

J. A. Plazainer Esq. MT. Johnson Esq., AL Shields Eq.

V. M. Grayburn, Esq.

AMOX

BANGKOK BATAYIR SUMBAY CALCUTTA

DULOMBO

TOUCHOW HAIPHUNG

BAMBUR HANKOW HARRIN BINGKEY

PH

JUHORK

KUBE

KUFLOUN

Casal Mange

BBASCULEN:

XUALA LUMPUR

LYON

KALAIXA

MANILA

atvað bukare)

MLADEN NEW YORK PEIZIKO PESANG MASUNON

SAN FRANCISCO

DEANCHAL

SINGAPORE

MURABAYA

SONGEI PATANI TENTSIA

TVE YO

TSINGTAO

ZUSULLAMA

Oweech Armounte opened in Loma Carrency sad Band Deponche rested for our "your at voorme

mond Currency sad quoting on warna MINAL WELL be quoted on spam,

NữNO up to **** KATE DEPOSIT BONES enous TO ZET

Hong Kong, 24th February, 1936.

-HONG KONG SAVINGS BANK

The Bus of the above Bande in overluct +4 57, the HONG KONG AND SHANGHAI MASSING CORPORATION.

an explication.

Buy bue HONG, AND SHANGHAI BANKING CORPORATION,

FOR THE

Y. K. GRAYBURN,

Casel Manger.

Hong Kong, 24th February, 1935.

AZIERKOREA.

Bagon Bemarang

Bingapore Kalatine

Sourabays Taiping Tizatue Tong

* Zamboanga

Forman kitakacje sad GenBanking in Curred's Accouble speed and Fixed Deposit

reaved for cos yuar de abceset periods al raise wow be quoted as SPRÜCssion.

A. BREARLEY,

Manager. Hong Kong, 1st January, 1935.

THE

AMERICAN EXPRESS COMPANY, INC.

Incorporated with Lumen Lability in

THE CHINA MAIL, FRIDAY, MAY 22, 1936′′

Commerce.const Finance

THE COLONY'S TRADE

Interim Figures Issued

IMPORTS AND EXPORTS

An interim report issued by the Statistical Ofice of the Imports the and Exports Department on trade of the Colony for April, 1936, states that imports of mer chandise amounted to a total of $8.2 millions (22.5 millions), as with $32.0 millions compared (3.4 millions) in April, 1935: a dollar increase of 19.4 per cent of 26.5 and a sterling decrease per cent; whils; exports totalled $27.6 millions (41.3 millions), as with $25.6 millions compared (42.7 millions): a dollar increase] of 7.8 per cent, and a sterling de -U.S.$6,000,000.00 jcrease of 33.3 per cent.

Total imports during the first 2,183,633.00

1936 year 870,73100 four months of the

amounted to $136.4 millions (£6.8 ¡millions), as compared with $129.3 millions (£12.4 millions) in the of 1935; corresponding period whilst exports amounted to $103.6 millions (26.7 millions), as com-: pared with $100.4 millions (£9.6 millions).

Head Office-6, Broadway, New York

Capital Surplus Велегува

BRANCHES:-

Lacierdan

Autover

Glasgow

À chann

The Hague Sav

Barton

41 Gamberg Haww

bombe

Bestan

Brassele

Caloust Cannes Laloosio

Eating

Loc

Chemers

Sandalberg

S

London

Liverpool

Lan

Lupo

Lion Marnation Mosta Carla

Kunick

Kocurves

Nice Napise Pi

Paging

Bonacina Home

bearbei Southampi Sungspor

Yuna VALOR

Yokohama Zanch

In terms of local currency im- ports increased by 5.5 per cent. in the Arst four months of 1936, as compared with the corresponding Branches of American Express period of 1935, and exports in- whilst THE BANK OF EAST ASIA, LTD. Company in Principal cities of United creased by 3.2 per cent.

States of America and Canada.

sterling values showed decreases of 29.0 per cent. in the ease of jimports, and 30.2 per cent. in the

case of exports.

Antoni Cap10,0), 08.00 $500,000.0 - Caprim

100% 36.17

Ary and Undivided. Problem

EELD OFFICE-HONG KONG.

- IL Dee You Bumi, Copia).

BOARD OF DIRECTORS:-

Souson Chow, Comra

21 Exo Chen Exi 1.

In Tong, EM, Chan Chung brimping Katým al

Vous

Fong, Leg. Hong Chu Ng, Laos on Ying

Po 20.

ker

Bombay

£ Tuay Po, Gay, Chul Ka shopper...

La Tot Foug Eng. Manager.

BRANCHES AND AGENCIES:-

Селос Rapong

Steaua

Melbourne

SOLCHERIE

Doangh

Sew York

zung-pure

tianurada ya

Prigog

→

Taiborn

Kaam

Iபகு

Salam

segu

London

In runnin

Tokyo

$

Every dawnption of Deaking

and Exchange Les rated on majored

banoon teatraland

BEC

Care Asta oproed in Low Currency

ad Fazed, Degueile end for your or

All classes of Commercial Banking Transactions undertaken.

Personal investment secounts hand-

led.

The following table shows com- parative figures of imports and! The Company offers to intending exports of Merchandise and Trea- Travellers the use of its "Travellers sure during the months of April, Chegues" and Letters of Credit and, 1936 and April, 1935- iz addition, the world-wide services

of its thoroughly equipped Travel: Department.

IMPORTS

April, 1986 April, 1335 Merchandise $38,184,302 $32.005,052) Treasure $ 3,802,571 5 6,471.021 C. EL BENSON,

$41.991573 $58,76,073 General Manager. Total

EXPORTS

THE CHINA & SOUTH SEA BANK, Merchandise

LIMITED

(Incorporated in China) Head Ofer Shanghai

Capital Reserve

.$T,500,000.00 $1,500,000.00

Treasure Total

April 1326 April, 1935 $27,641.444 $25.563.192 310,356,440 $ 9,800,842 $37,997,884 $35,364.033 Monthly Fluctuations

1935 Since April

monthly values of imports of, merchandise

sorar persole in Lower and Foreign Current Branches-All Important Cities in into Hong Kong Auctuated from

asserth which will be quəsmi og app

Bop But To Los

LAN TONG TO.

Cast Manger.

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1880

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

Head Office: YOKOHAMA

Branches and Agencies at

Aliandria

Batavia

Berlia

Bombay

Calcutta

Canton

Dairen (Dainy)

Hamburg

Eankow

Harbin

Hong

EOP

Hainking

Karachi

China

Force Bachsage and Grocersi Banking Business a low Hong Kong

doilar

value Cappel het Sering docunte opened and Fixed(26.1 millions) in August, 1935 to Deposite reostved Sar one year or aboris a high of 38.2 millions in April, strains wink will be quoted

BOT Z CIA 50,

application

Nacog

AONG LONG BRANCH:

Des Van Bond, Cezara. Maung's don Farmgn Exchange Daya, mun

Cashier's OB to the

THE WING ON BANK, LTD.

Head Office: Hong Kong

26. Des Voeux Boad Central Authorized Capital $10,000,000

LONDON BANKERS:- Westminster Bank, Ltd.

1936, whilst export values fluctuat- fed from a low of $18.0 millions) in July, 1925 to a high of 27.6 in April, 1936.

LOCAL DOLLAR DECLINES

Silver Prices Fall

The local dollar has dropped %, Foreign Exchange and every de-opening on demand this morning) cripton of banking business transact at 1/3-7/16d.

Nagasakci Nagoys New York

Osaka

..

Seattle

Semarang Shanghai

Singapore Sourabaya

Sydney Tientsin

SHARE MARKET

TO-DAY'S QUOTATION.

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

Banks

ན

n.

H.K. Bank $1,560 b. $1,560 81. HK Bank (London) £105 Chartered Bank 4%. Mercantile Bank A. and

30. Mercantile Bank C. 415% ■. Bank of East Asia $73

X

- Insurances Canton Ins. $263 n. ex. div. Union Ins. $5272 1. China Underwriters $1 - China Fire Ins. $480 n. H. Fire Ins. $250 . International Assce.

Shipping

Douglases $36 # ELK Steamboats $4 n. Indo-Chinas (Pref.), $30. m Indo-Chinas (Det.) $20. Shells (Bearer) 100/7 n. Union Waterboats $12.20 D...

Mining Antamoks $2.68 b., $2.67 $2. Balatoes $212" m Baguio Gold 27 cts. n. Benguet Consolidated $18.60 .! Benguet Exploration 22 cts. b..) Big Wedge 35 cts. n. Demonstration 88 cts. b. Gold Creek 15 cts. n. Northerns 34 cts, sa, Itogous $1.28 b. IXL $1.774.

Salacots 14 cts. n. Kailan Mining Ad.-12/-a Langkats (Single) Sh.$10 n. Masbate $5 cts. D. Shai Exploration Sh.4 Shanghai Loans Sh$ Raubs $11 0.

San Maurico $1.22 n. United Paracale $1.04. b. Venz; Goldfield $4 b.

Docks, etc.

H.K. and K. Wharves $91 s ELK. and W. Docks 39 IL Providents (old) $1.10 a Providents (New) 20 cts. . Hong Kew Sh$185 m New Engineering Sh.$4 Shanghai Docks Sh.$100 a.

Cotton Mills

Edward Arnold plays the leading part in the Colombia Picture "Crime and Punishment," which will be shown at the King's and Alhambra Theatres soon.

DEFENCE DEBATE

IN COMMONS

(Continued from `Page 1)

that the British plans for de-jwould receive would be a fee fence would not alarm a single for management, and the pre- nation in the world but would mises, which would remain the the Government, foster an all-important sense of property of world security-

would be on a care and main- he em-itenance basis.

}

At the same time

NEW ADVERTISEMENTS

E

NOTICE

ANNUAL EXAMINATION FOR ENTRANCE TO CLASS-3 AT QUEEN'S COLLEGE OR KING'S COLLEGE, 1936

1

Applications from Candidate attending non-Government Schools

be sbould

mader CER ba ON forms which obtained from the Education Office on and after MONDAY, 1st June. These should be completed and forwarded to the Inspector of Schools, Edu- cation Department, on or be fore

10th

June

WEDNESDAY,

2. The application form must be signed by a Head Master, who will certify that the candidate is a bona fide pupil of Class: 4

equivalent standard, that his conduct has been satisfactory, and that he is under 18 years of age on 1st September. 1936.

10

3. There

phasised that the fact that the Questioned by Mr. Winston 4 defence services had to be ready Churchill on the rapidity of to take part in collective ac-production and priority of Gov- Thomas tion under the Covenant of the crnment orders, Sir League in circumstances which Inskip reminded the House that; might be quite unforeseen had the Government had no compul- introduced a new factor into sory powers. Mr. Churchill, hel the problems of those who had said, was naturally impressed j to form the strategic concep- by the example of foreign Gov- tions necessary for a complete ernments, which had virtually system of defence.

placed a great part of their in- dustrial systems on a wartime No Spectacular Decisions Speaking of the sub-commit-basis, and he was inviting the tees of the Committee of Im-British Government to follow perial Defence which were in-that example. But the Govern vestigating the question of the ment were trying to achieve a 5. Shanghai Cottons (old) Sh.$74 battleship and of the feet air successful result without undue arm, Sir Thomas Inskip said it disturbance of normal trade. It Shanghai Cottons (new) Sh-was attractive to envisage was, Sir Thomas added, con-

$39 The

grand plans and spectacular deceivable that events might com- Zoong Sings Sh$12 n

cisions, but his inclination did pel them to change their mind. Wing On Textiles Sh$25 not lie that way. Nevertheless-British Wireless Service.

Lands, Hotels, etc.

he would not shrink from any

LOCAL NEWS decision, however important, if jhe were convinced that it was

BREVITIES necessary.

Ewo Cottons Sh.384 n

11

H.K. and S. Hotels $4.85 *. HK Lands $311⁄2 n.

H.K. Lands 4% Debentures

100% b.

Shanghai Lands Sh.$15 n. Metropolitan Landa Sh. $10 Humphreys $8.55 m. HK Realties $41⁄2 n. Chinese Estates $82 n. China Rexities Sh.44 n. China Debentures Sh.960 x

Public. Utilities -

H.K. Tramways $11 m Peak Trams {old) $7 n. Peak Trams (new), $3 x. Star Ferries $90 s. Yaumati Ferries $19 b.

C

Sir William Beveridge had

An innovation at the Tea Dan- agreed to serve as Chairman of janother sub-committee inves-ces at the new Cathay Ball Room tigating the all-important sub-will be introduced today, when ject of food in wartime a special "stop dances" will be fea- such tured. To the lucky couples who question which involved details as transport, storage, stop on the number shown by the distribution, and home produc-Keno wheel, free tickets for "Fol- tion. All aspects of food sup-low the Fleet" at the Alhambra ply would come under consider-Theatre will be presented. ation.

will

be preliminary Tests in both English and "Chinese Dictation for which

candidates should

present

***

themselves at Ellis Kadoorie.

Road, School, Hospital FRIDAY, 26th June, at 9.30- to 3.M. Candidates failing

the Examiners in satisfy

not be Dictation Tests will eligible to take the remainder of the Examination. Names of candidates who have satis- examiners in the fied the Dictation Tests will be posted outside Ellis Kadoorie School, Hospital Read: on SATUR- DAY, 27th June.

The remainder of the examina- tion which comprises Chinese, English Grammar and Com- position, Geography, Arithme

Practical tic, Algebra and Geometry will be held at 9.30- am. on MONDAY, 29th June, and at $30 a.m. on each day from TUESDAY, 30th June 41 SATURDAY, 4th July, both inclusive excepting WEDNESDAY, 1st July, Oral' Examinations will also be held in Reading, Conversation and- Recitation.

The paper in General Composi- tion will be designed to test the pupils' command of English and their ability to express themselves adequately on sim- ple, general topics. The paper will include one question on World History.

6. A limited number of Scholar

educa- ships providing free tion for three years at one of the

be above schools may

who awarded to candidates

sufficiently reach a standard.

high

F. J. DE POME, ...for Director of Education. Hong Kong, May 22nd, 1936.

E.

NOTICE

R

HONG KONG & KOWLOON WATER SUPPLY"

"Spot" silver fell to 20-1/16.

Scientific research was vital! The United States Consulate, at Current Accounts and Savings do while "forward” fell 1⁄4 to 20%.

in the problems of defence, and present housed in the National Peiping

Fixed Deposita 29- counts opened.

the services of very eminent City Bank of New York building, Rangoon

The London on New York cross- ceived at rates which will be quoted:

scientists were being utilised in is being transferred to the Hong Fengtien (Mukden) Rio de Janeiro

C. Light (old) $10.85 s. rate was quoted at £-U.S.$4.96%.. jan_application. San Francisco

the development of schemes: A Kong and Shanghai Bank build- C. Light (new) $75% b. Trusteeship & Executorship under-as compared with £-US$497. taken. Safe Deposit Boxes for hire while the New York on London

detailed survey had been made ling at the end of June. H.K. Electrics $50 b.

TT IS HEREBY NOTIFIED that PHILIP GOCKCHEN

of the material, operative and Macao Electries $20 n.

I commencing on ontway, the Chief Manager. cross-rate was unchanged at £

technical resources of industry. Mr. L. H. Gourlay, Consul at U.S.$4.97.

Sandakan Lights $8.30 n.

Consulate in 23rd May, the hours of supply will Suitable firms ordinarily engag-the United States Telephones (old) $25.20.

ed on peacetime activities had Hong Kong, is leaving this even-be: Telephones (new) $9.

been classified. Inspected, tabu-jing by the President Jackson to China Buses Sh$111⁄4 z

iated and allotted to the differ-take over a similar position at Singapore Tractions 23/- 'b.

An Shanghai. He has been here three Singapore Tractions Pref 28/ent service departments.

orderly plan has been drawn years. His successor is Mr. H

A. G. W. TICKLE, up, which embraced not only Howard Donovan, who arrived

Water Authority. Donovan on Sunday Public Works Department, such requirements as the pro-with Mrs. duction of shells and shell com-from Kobe, where he was in ponents, but provided for a fac-Consulate. tor to which attention had been

Kobe London

Los Angeles Manils

Koji

Tokyo

Tsingtan

Yingkow Interest allowed for Current As cotinto

Deposits received for fixed perioda strates to be obtained on applica- tion.

G. KISHINAMI,

Hong Kong, 10th March, 1936.

Manager.

1936 HONG KONG DOLLAR DIRECTORY

NOW ON SALE Price $1.

The Newspaper Enterprise Ltd. China Mail Buliding.

THE

SHANGHAI COMMERCIAL &

SAVINGS BANK LIMITED

(Incorporated in China)

$5,000,000. $7,500,000.

Capital paid up

Reserves Capital Savings Dept. $500,000. Reserve Savings Dept. $600,000, Head-Office-Shanghai

A Bank having as its mimion the industrial

of her

China and the coupement en

commercial relations abroad.

Hong Kong Ofice—

4, Queen's Road Central Phone 31116.

COMMODITY PRICES

The following quotations have been received by Bauter.

Prev. Yesterday Closing Closing,

11.62 11.62

New York Cotton:- May July October

December

RAW RUBBER PRICES September

October

Latest Quotations From December

Singapore

11.34 11.39 10.36 10.41 10.33 10.38 10.30 10.36 10.34 10.39 11.72

.11.72

Th

Industrials

Malabon Sugars $8.40 b. Cald, Macg. (Ord.) Sh.$19 Cald., Macg. (Pret.) Sh.$15 Canton Ices $1% n. Cements $9.80 m HK. Ropes $440

Stores, etc. Dairy Farma. $193⁄41⁄2 n. Watsons $3.45 1. Lane, Crawfords $6% n.

Mackintoshs $5. Sinceres $170 1

WEL Fowells 50 cts. 2- Wing On (HK) 450 n. 4

MiscellaneouE

Entertainments $2.90 m.

n.

January March Spot New York Rubber:-- May July

January

March Chicago Wheat:~~

15.64a 15.584 15.68 15.533 15.79a 15.77 15.780 15.80m 15.86 15.87 16.90x 15.901 16.99 15.98a

95%

94%

85%

85%

85%

851⁄4

Chicago Corn: July

50%

60%

September Winnipeg Whest:

582

57

Ch. Gost. 5% 1925 GTBde.

934% 11. HK Govt. 4% Loan 7% prema.

Jan.-March 26% by Up 8- Market:-Dul.

May July 1October

76%

774

75% 76

78%

-

Messrs. E. B. Joseph and Co. May have received the following que July tations in Straits currency from September Singapore for Raw Rubber.

Buyers Spot 25 b., Down July-Sept. 25% b, Up g. Oct-Dec, 261⁄2 by Up.

8. C. Enterprises $1.35.a. Maczo "Greyhounda” $2′ z. Constructions (old) $74 ́z.

the

directed by Mr. Lloyd George There will be no Dinner Dance) and Sir Austin Chamberlain in at Repulse Bay Hotel to-morrow; previous debates, namely, the but the usual Tea Dance will-be production of essential tools and held on Sunday at 5p.m.

#

He hoped within gauges. few days to arrange for the allocation of contracts for a full supply of these essentials and for the necessary accelera- tion of production.

Aircraft Expansion

ANGLO-RUSSIAN NAVAL CONVERSATIONS

London, To-day-The informal Anglo-Russian naval conversa~| tions, which opened on Wednes- Dealing with the expansion day, will be continued on Monday. of the aircraft industry neces--British Wireless Service,

sary for the great numbers of aircraft required by the three-

Constructions (new) 30 cta a fold increase of the Air Force RENABLE PRINTING

Vibro Piling 34 2.

the Minister, explained that steps were being taken to enlist the motor manufacturers in a scheme for building up a TD serve of output. They had been asked to build new premises ar HK. Govt. 31⁄2 Loan par. by extensions at Government ex- Wallace Harpers $4 në

pense. The remuneration they

no omit-i too siiall

THE WEWSPAPER EXCERPENNE-LTO.

Island: 6 am. to.9 p.m. Kowloon and New Kowloon : Constant supply.

է:

Hong Kong, 22nd May, 1936.

PUBLIC AUCTION

THE Undersigned have received instructions to sell by Public

T

Auction

On

Tuesday, the 26th May, 1936: commencing at 5.15 p.m: at their Sales Room, Duddell Street

A Valuable Collection of POSTAGE STAMPS comprising:-

Fine Specimens of Triangular Capes, Ceylon, Old Europe, Eri tish Colonies, Hong Kong, China,

On View from Monday, the 25th May, 1936.

Terms: Cash on Delivery

LAMMERT BROS.,

Auctioneers... Hong Kong, 22nd May, 1986.