BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorised Capital
$50,000,000
Land and Fully-Paid-up 20,000,000 Beserve Funds:--
Starling......£5,500,000
Hong Kong Currency
Raserte ...$10,000,000
XEAD OFFICE: HONG KONG.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA
Incorporated by Royal Charter, 1853.
HEAD OFFICE: LONDON
Paid-up Capital
Reserve Fund
**$,000,000 .£3,000,000
Reserve Liability of Pro-
Beserve Liability of Pr
ristors
-$20,000,000
prietors
£3,000,000
Agencies and Branches:
Alo
Анклави
Lpol
Banyoou Belacan
Babe na
• TAN
Seremba
Bates Jy
Shazam
Kuala Lumpur
Cop
Lucky
Manila
Imping
Močna
Sain
New Yock
J. A. Plummer Esq.
Haiphong Bor
Pping
Tongkat
Dhaka
Pociag Imag
Taingino Yokohama Zamboang
BOARD OF DIRECTORS. Bon. Mr. J. J. Paterson Cammad
G. Miskin Eq Deputy Chairma
Hon. Mr. W.X. Bell, J.B. Masson Eq
H. Compton Esq, T. E. Parte Esq.
Ben. Mr. S. H. Dodwell,
Cab
EL. Johnson Esq., AL. Shields Egg Kong
V. M. Grayburn, Esq.
AMOY
PANGKOK BATAVIA BOMBAY CALCUTTA CENTON CHEFOO OOLOM BU
SPOOGELOW HAIPHONG
FİN BÜRO
KANIOW HARRIX FANGIEW
Chiel Manger.
BRANCHES
KPUE
JUHORL
SUBS
FOWLOUN
-KUALA LUMPU'E
LONDON
Cross
MALACCA
MANILA
MUR Jason)
MURDES
NEW YORK
PELPING
PESANG
BASGOOS
DALGION
BAN FRANCISCO
SHANGHAL
SINGAPURE
SOUHABATA
UNGEI PATAYI
TIENTSAS
TOXYO
TSINGTAO
YOKOHAMA
Karachi
Kobe
Engapor helia was Bourabaya
THE CHINA:MAIL ~WEDNESDAY, MAY 27, 1936
Commerce and Finance
LOCAL DOLLAR
STEADY
Silver Prices Fall
SHARE MARKET
TO-DAY'S QUOTATIONS
The following was the list The local dollar is steady, open local share quotations issued
demand this morning day-
On
ing at 1/3-7/16d%
"Spot" silver fell 1/16 to 20. while "forward" declined to 20. The London on New York cross- rate was quoted at -U.S.$4.97%) as compared with E-U.S.$4.98, while the New York on London
wag cross-rate
quoted at 5- compared with E.S.$4.98-1/16, ax £-U.S.$4.98. A. BREARLEY.
Formups fixchangs and General Banking bosi trsbeected
Current Ananie ogamać and Fiand. Deptuto zwoséwed ine me your or shorter perioda si rám which will be quoted an application.
Manager.
Hong Kong. Ist January, 1935.
THE AMERICAN EXPRESS COMPANY, INC. Lacorporated with Lamited Liability in USA
Hand
Capital Surplus
Scr65, Broadway,
New York
Avedam
GMMOR
Antrac
Athama
معمعة
V
Cerrar 4000udes opened in Las Currency and Deplia recnéved for one your or sportse pels in Lecal Currency and bathing en torna wkins will be quoted on application.
Audete SAFE DEPOSIT BOXES L
A TO ZAT,
Bong Kong, 24th February, 1938.)
HONG KONG SAVINGS BANK
The Basis of the above Beak is voośurt-
md by the EUNG KONG AND SHANUMAI
BANKING CORPORATION
ed on appliceman.
FOR THE HONG KONG AND SHANGHAI
BANKING CURPORATION.
V. GRAIBERS,
Reserves
US$6,000,000.00 2,183,633.00 870,73100
BEANCHES:→→
Glasgow The Engan
Brenburg
Heidelberg Itcherlukan
Londoa Liverpool LADE
Montemur
مهندلر
Napis
bana Peug Escrita Boa
Shanghai Southampton
ingapore
Beale
Seria
Восьму
Ben
Bemania
Cairo
Calouste
Haine may kn
Chad Kongue.
Hong Kong, 24th February, 1936.
Colombo Copenhagen Dublin Eduaburgs Formoe Gers
Soque Carlo Kala
Vienos Vación Tokobeme Zarisk
Hamach
Branches
Lapin
Kailan
TIM UND
(
BRITISH EXCHEQUER RETURNS
Exche- London, to-day-The quer returns show that the total ordinary revenue, excluding self- balancing items, amounts to £81,- 567.826, compared with £87,458,- 829 at the corresponding date of las: year. The total ordinary ex- of self- penditure, exclusive balancing items, is £107,525,844, against £105,280,261 at the corres- ponding date of 1935.-British Wireless Service.
BERLIN SHARE MARKET
Berlin, To-day. On the share market yesterday the disposition to sell was stronger than to buy.; this tendency being increased when the German Continental Gas
of American Express Company, which had been expect- THE BANK OF EAST ASIA, LTD. Company in Principal cities of United ed to pay a 7 per cent, dividend,
Bad Capita
Paid-up Capital
$10,000,000,00
$ 5,508,200,00
Lakers and Undivided Prodianumē 2,855,906,5%
HEAD OFFICE-HONO KOSO. Ja, D Vitus Bord, Central BOARD OF DIRECTORS... berham Chow, CAMINA
1 Lom Chen, E. P. he wok, Eng Wong Loa Fear Key. Châu Cảnh Sân bay đi Lon Red Leg, Fong Chu hon, Esq. and Kan Ing
I Wibourne
Zingbanks
Lan Tung Pu, Eng., Ciral Manager... Le Foug. Eng., Maangue.
BLANCHES AND AGENCIES:-
Seattle Manis
Sharing Sonagha zungapore Sourenya SWI
Taibou Tienta
Vancou
منصورة
2ock
Amat
Bezva
Boubay
Celestia
Gask
Rapbong
Kazhuter
Penang
Labe Koricon
Langoon
San Franciscu
Paris
bang
Every mention of Baking and Exchangu,
Loans graced on approved
bom
Bouton
Curreak
Locul pesed in Love Currency: Fixed Depola roved for qua_your_de are penods in Louet sed Forsign G alert which will be quoted on applicati
Deponas Bozes. To Le
ELE TONG PO.
Chief Manage.
THE YOKOHAMA SPECIE BANK
LIMITED
Established 1889
Capital (full paid-up) Yen,100,000,000! Beserve Fund....Yen 129,150,000!
Head Office: YOKOHAMA
Branches and Agencies at
Alexandria.
Batavia
Berlin
Bombay
Calcutta
Canton Dairen (Dainy)
Nagasaki Nagoya New York Osaka
Paris
Peiping Rangoon
Fengtien (Mukden) Rio de Janeiro
Hamburg
Barkow
Harbis
Hoat Lon
Hosalula
Bricking Karachi
Ipbe
London
Los Angeles
Manus
Moji
SILL Francisco
Semarang
Shanghai Singapore Sourabaya
Tokyo
Tsingtau
Tingkow
..
States of America and Canada.
W
announced
resera-
that certain tions for coming renewals would
All classes of Commercial Banking have to be made, so that only 5 Transactions undertaken.
per cent was paid. Fixed interest
led
Personal investment secounts hand-securities were firmer, State loans í
Call money stood being friendly.
at per cent.-Tran Ocean Ser-
The Company offers to intending Travellers the use of its "Travellers vice. Cheques" and Letters of Credit and,
addition, the world-wide services
of its thoroughly equipped Travel Department
C. H. BENSON,
General Manager
THE CHINA & SOUTH SEA BANK, LIMITED
(Incorporated in China) Head Office-Shanghai
$7,500,000.00 Capital
$1,500,000.00 Reserve Branches-All Important Cities in
China
Foreign Bohange and Genersi Banking Boalzem
Current and Saving Loomasis opened and Fixed: Deposits received for one year or shorter perioda shes which will be quoted na application
600 CHANG.
Manage HONG KONG KRANCH: M. Das Taux Bood, Central, Manager's Othos Foreign Exchange Dept.
General. Once Cashier's Ofos
REICHSMARK QUOTATIONS
Berlin, To-day. -The Reichs- mark was quoted yesterday with- York, out guarantee at:-New 40.26; Paris. 6115; Amsterdam. 59.545; and London, 12.37. Paris quoted the Pound sterling at 75-) 66, and the U.S. dollar at 15.18- Trans-Ocean Service.
THE MERCANTILE BANK OF INDIA, LTD.
HEAD OFFICE:
15. Gracechurch Street, London, S.C.B.. Authorised Capital £3,000,000 Subscribed Capital.. 1,800,000 Paid-up Capital ... 1,050,000 Eeserve Fand & Rest 1,247,880 BANKERS: The Bank of England & Midland Bank, Led.
BRANCEES:
Karach
Kota Bhar
BLO
200
Bangkok Bombay Caloutts Colecabe Delhi
!
Kandy
Kuala Lunger
Hong Zoog Hornb
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 bazking business transact-
Current Accounts and Savings Ae- counts opened. Fixed Deposits re- ceived at rates which will be quoted on application.
Trusteeship & Ezsentorship under- taken. Safe Deposit Boxes for hira.
PHILIP GOCK CHIN
Chief Manager.
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, 1938.
POPEYE.
HELLO, POPEYE- HOW'S YOUR SPINACH EATING
SOLDIERS
COMING T ALONG?
E: Bring Your"
PRINTING Problems to Us'
THE NEWSPAPER KIEZERPREEK ETD KENA KAT. BLANA.
“Raring To Go!”
(SWELL
LAINT GØT ENOUGH SPINACH TO BUILD UP ME WHOLE ARMY SO |LYAM FEEDIN ITO
JUS A HUNERD
MEN
Kamis Tapis
New York
Recen
Port Loude
(aurias)
Rango Shanghai
Xuentan (Pahing) Sımla
bagapore
HONG KONG PRANCH.
Every Sription of Ranking and Exchange
business transacted.
Travelier Chaque Loessed,
Trustee and Executorships sndertakes, INTEREST allowed on Current, decounts mad Fixed Deposits at Hates that may be ascertained on application..
R. KENNEDY,
5. Quma's Bond. Ceviral,
Hong Kong 34th July, 1906.
THE
Manager.
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)
Capital paid up ....$5,000,000.
Reserves
$7,500,000. Capital Savings Dept. $500,000, Reserve 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.
|COME SEE 'EM-THEY'RE [EATIN" LOTSA SPINACH AN”,
OTHER GOOD FOOD AN THEY'RE GETTIN' VIM, VIGOR AN VITALIKY
Banks
HK Bank $1,565 b. H.K. Bank (London) £105 Chartered Bank £14% n.
Mercantile Bank A. and
£3034 0. Mercantile Bank C. £134 n. Bank of East Asia $73 n.
Insurances
Canton Ins. $253 n.
Union Ins. $502 b.
China Underwriters $1 - China Fire Ins. $462
HK Fire Ins. $250 - International Assce. Sh.$34
Shipping.
Douglases $36 n. H.K. Steamboats $4 n. Indo-Chinas (Pref.), $30 1. Indo-Chinas (Def.) $20 a. Shells (Bearer) 100,- . Union Waterboats $12.20 .
Manila Mining Antamoks $2.80 m. Atoks 50 ets. b.
NEW YORK STOCK MARKET
Railroad Issues Strong
TRADING PROFITS SHOULD BE TAKEN
Messrs. White, Weld and Com pany, New York Correspondents | of for Messrs. S. E. Lery and Com- to pany, report:-
AUSTRALIAN
TRADE
Concessions. For Britain
MEASURES WELCOMED
London, To-day.
NEW ADVERTISEMENTS
NOTICE
HONG KONG TRAMWAYS LIMITED
ALTERATION OF FARES
Commencing 1st June 1936, antil further notice, FARES Wh be as follows:-
1st Str Class Class
Whitty Street Cars 6 cts.
:
In a Commons answer yesterday regarding the tariff ämend- meats recently discussed In the Australian Parliament the President of the Board of Trade.j "Stocks:-We are inclined to Mr. Walter Runciman, said that Kennedy Town or take some trading profts at the on the basis of the recent import present level of prices, although statistics the reductions made af-On Causeway Bay or
Happy Valley Cars 6 cts. 3 cts. the strength of railroad issues in fected the United Kingdom trade!
On Western Market bettering their recent highs indi-to an amount of £1,500,000. The and Shankiwan Cars 10 cts. 5 ch. cates the possibility of armer Commonwealth Government had On Western Market [introduced important proposals) aad Qustry. Бау prices generally.. Business done:
relating to the import of cotton -1,140,000 shares.
"Wheat:-Reporte
jand rayon goods, motor-cars and iz- at
provemeat
of
cotton and rayon
Cars
10 cts.
5 ct.
On Shaukiwan Cars between Causeway Bay and Western. Market or vice versa 10 cts. 5 ct
Causeway Bay and Quarry Bay or Shaukiwan
Soldiers
in
Toutes
goods, Children
10 cts > cts...
મ
in the Winter wheat some other commodities.
While it was not possible to areas and the weakness of the. Liverpool and Winnipeg markets estimate the exact effect of these Between were dominating induences to-day, new proposals on the United King
dom exports to Australia, he was Sailors and Total sales:-21,159,000 bushels
"Cotton:-Scattered shower are very glad to say that they includ- Uniform - Al predicted in the East, whilst pre-ed measures, notably those relat- dictions indicate further rains ining to the West. The fear of insect dam-which should prove of substantial age is increasing. The market benefit to United Kingdom trade. looks temporarily higher.
Mr. Runciman said he shared the hope of the Commonwealth Government that the arrange-]
CASH TICKETS-Books of ($ ments would strengthen the trade cent) and (5 cent) Tickets on Sale
two countries-Bri-
at the Company's Office. tish Wireless Service.
COMMODITY PRICES between the
Benguet Consolidated $18.60 a. been received by Reuter:- Benguet Exploration 25 cts. b.,
Ipo Gold 31 ets. n.
IXL $13 b.
TIN TRADE CONTROL
POSSIBILITIES OF REMOVAL
London. To-day.
under · 12 years of age-A!!
routas
MONTHLY
3 cts TICKETS-Avril able on All Cars at All times $6. per month.
:
F. EL GLOVER. Acting General Manager. Hong Kong. 26th May, 1936,
NOTICE
LANE, CRAWFORD, LTD.
TOTICE IS HEREBY GIVEN
NOTIC
that the FOURTEENTH OR- DINARY YEARLY MEETING OF
A communique issued by the SHAREHOLDERS will be held in
in Exchange Building, Hong Kong
International Tin Committee London last night says that in
Jon SATURDAY. 6TH JUNE 1936, ... view of the difficulties the comat 11 o'clock a.m.
mittee felt in
probable
estimating the The TRANSFER BOOKS of the exports from Bolivia, Company will be Closed from. they decided that the quota for the 29TH MAY to 6TH JUNE 1936,
quarter should both days inclusive. July-September
Balatocs $21.
Baguio Gold 7 cts. n.
The following quotations have
”་
Prev. Yesterday
25/25 ets. sa.
Big Wedge 35 etso n.
Closing Closing
Consolidated Mines 14 cts. b.,New York Cotton:-
July Demonstration 98 cts. b. 97/98;
11.47
31.49
October
10:46
10.47
cts sa
December
10.39
10.36
San Maurice $1.22 n.
January
10.37H
10.36
Gold Creek 15 cts..
March
10.44
10.42
Masbate 85.cts. a.
May (1937).. 10.49%
10.45
Northerns Mining 24 cts and Spot
11.72
11.73
New York Rubber:-
$2.
May
15.66n
15.58a
Itogons $1.28 st.
July
15.72
15.63a
September
15.79
15.70
October
15.$27
15.73n
December
15.90
15.80
January
15.931
15.83n
March
16.00%
15.932
Chicago Wheat:-
May
95
90%
July
85
$4
September
851⁄4
84%
States, Netherlands
Chicago Corn
are
July
5934
593
September
58
Winnipeg Wheat:-
May July
75%
75
October
7634
b bid.
Suyoc Consol s cts. a
Universal Explor 18 ets. b. Salacots 14 cts. m.
Mining
Kailan Mining Ad. 12/6 n. Langkats (Single) Sh.$10 m S'hai Exploration Sh.341⁄21⁄2 n. Shanghai Loans Sh.$i n Raubs $10.55 m. United Paracale $1.05 b. Venz: Goldfield $4 E.
Docks, etc.
HK. and K. Wharves $90 s. K.K. and W. Docks $9 n. Providents (old) $1.10 ́s. Providents (New) 20 cts. n. Hong Kew Sh.$185 New Engineering Sh44 . Shanghai Docks Sh.$100 1.
Lands, Hotels, etc.
HK and S. Eotels $4.99 by:
$4.95 sa.
H.K. Lands $913% m
H.K Lands 4% Debentures
100% b.
Shanghai Lands Sh.$15 n. Metropolitan Lands Sh. $10 n. Humphreys $8.55 m.
H.K. Realties $4 n. Chinese Estates $82 m. China Realtles Sh.34, a China Debentures Sh.$60 1.
Public Utilities
H.K. Tramways 39%1⁄2s. $101⁄4/-
10 83. Peak Trams (old) $7 m. Peak Trams (new) $3 n Star Ferries $90 s. Yaumati Ferries $19 b. C. Light (old) $10.80 bi C. Light (new) $7.65 b. HK. Electrics $50 b. Macao Electrics $20 Sandakan Lights $8.30 m. Telephones.(old) $25 b.. $25 sa. Telephones (new) $9 n. China Buses Sh.3111⁄4 n. Singapore Tractions 24/- b. Singapore Tractions Pref. 28/-
The
Industrials
Malabon Sugars $91⁄2 b. Cald., Macg. (Ord) Sa.$191⁄2 n
AN THEY GOT GOOD OL INTESTINAL FORTNITUDE, TOO, WHICH MEANS COURAGE- 1 YAM TEACHIN EM TO BE FIERCE-LISTEN AT EM SNARL
GRA
2-asked. -nominal
be considered at the Jane meeting By Order of the Board of Direc- in Paris,
The tin control scheme ends on the last day of this year unless renewed.
The four participating Bolivia, Malaya.
East Indies
willing ΣΟ
the and
Nigeria, tinue control provided Siam. the Belgian Congo and other pro- ducing countries join in on satis- 73% factory terms.
573%
tors.
A. W. BROWN
Manager.
Hong Kong, 26th May, 1936.
Con- GUATEMALA AND
THE LEAGUE
Official Notification Of Withdrawal
73%
The communique records the 74% favourable progress in negotia- t-traded, tions with the Belgian Congo and the early opening of negotiations with Siam-British Wireless Ser- vice.
Cald., Macg. (Pref.) Sh.$15 n- Canton Ices $134 n. Cements $9.60 b.
E.K. Ropes $4.40 1.
Stores, etc. Dairy Farms $19.60 b. Watsons $3.45 n. Lane, Crawfords $6% Mackintoshs $5 Sinceres $1.70 a. Wm. Fowells 40 cts. z. Wing On (E.K.) $50 n.
Colton Mills Ewo Cottons Sh$8 Shanghai Cottons
$721⁄2 n
n. (old) Sh
(new) Sh-
Shanghai Cottons
$41 n. Zoong Singa Sh.318 n. Wing On Textiles Sh.$25 m
Miscellaneous > Entertainments $2.90
S. C. Enterprises. $1.35 n. Macao "Greyhounds”: $2 ̧ a. Constructions (old) $14 n Constructions (new) 30 ets. b. Vibro Filing $4 n. Ch. Govt. -5% -1925 G$Bds.
93% 1.
EK. Govt 4% Loan 65% prem.
h
H.K. Govt. 31⁄2 So. Loan par. b. Wallace Harpers $4 n.
To-morrow.
"CHINA MAIL" SPECIAL
Geneva, To-day. Guatemala's preliminary nouncement of its intention withdraw from the League of Na-
to
RAW RUBBER PRICES tions was put into effect through
the normal notification handed in
Latest Quotations From to the League Secretary yester
Singapore
Įday, so that Guatemala will, after Ithe expiration of the period of two years, belong to the non-League Messrs. H. B. Joseph and Co. States. yesterday received the following quotations in Straits currency from Singapore for Raw Rubber.
Buyers.
الرحمه
Spot 25% b. Down 4. July-Sept. 25% b. Down, %. Oct-Dec. 26% b. Down . Jan-March 26% b. Down 1k. Market:-Easier.
Although it will no longer be long to the League, Guatemala has stated that it will continue to form its foreign policy according to the League priciples. Trans-Ocean Service.
The ss. President McKinley will arrive in Hong Kong earlier than her printed schedule, thus enabling - her to sail from Hong Kong for
£169 FOR PHONE Manila
CALL
on
one day ahead. This steamer is now scheduled to sail from Hong Kong on Friday even-. ing and to arrive in Manila Sunday morning, next- She will sail from Manila for Hong Kong to on Monday evening. June 1, arrive in Hong Kong on Wednes-- day morning, June 3, sailing from call over here for Seattle on schedule.
103 Minutes' Social Talk
Melbourne.
The most expensive the Australia to England radio- telephone service has just been call, not a business one. made.
www.
"In A Fog."
YEP-THEM'S ME NATIONAL
|1 YAM SAVIN EM FOR A
EMERGENSNEE YOR TAKE IME OUT OF
HERE!
It lasted for one hour and 43
-It cost $169, and it was a social minutes.
HONG KONG $ DIRECTORY
1936 ISSUE
NOW
ON SALE
THE NEWSPAPER ENTERPRISE LTD.
„SA, Wyndham St.
Tel., 20022
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