1936-06-24 — Page 8

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Author.sed Capital

$50,000,000 Lasted and Fully-Paid-up 20,000,000!

Beserve Funda :—

Sterling.£ $,500,000

Hong Kong Currency

Reserve ........$10,000,000-

KOLAD OFFICE: HONG KONG.

BOARD OF DIRECTORS

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

Incorporated by Royal Charter, 1853. HEAD OFFICE: LONDON Paid-up Capital

Betama

منمات

Reserve Fund

$3,000,000 £3,000,000

Reserve Lisbility of Pro-

Reserve Liability of Pro-

ristors

$20,000,000

prietors

£3,000,000 ||

Agencies and Beanches:

Aloe Str

Rangoon

Ipoh

Baigno

Bengkok

Sencang

Sing

Seremban

Bomber

Sobe

Shanghai

Talentfuar--

Kunia Lacupre

Camion

Cawagora

Caba

Inching Madra Manila

རཱུ་

WILD Bourabaya Taiping

Colombo

Dea

New York

Tangi

Harphang

PAPIRE

(Shuker)

Blambang

Policing

Txingto

Hankow

Evang

Harlan

Hong Kong

Zamboanga

Hon. Mr. J. J. Paterson.

Charman.

G. Miskin Baq,

Deputy Charmes

Tex. Mr. W.H. Bell, J.E. Masson Eng,

AH. Compton Esq., T. E. Pearce Eag-

Hem Mr. S. H. Dodwell,

J. A. Plammer Esq.

II. Johnson Esq. AL Shielda Esq-

AMGY

V. M. Graybra, Esq.

KANGKOK BASAVIA TOMALY CALCUTTA CANTON

COLM HO

DARREN

POOCHOW KAIPHONG

BANKOW HARRIN SONICKY

FINLA

FJAURE

KOWLOON

Сами Манеры.

ВЕЛЬСК -

KSALA COMPLE

LONDON

L203S

MALA

MANILA

MUAR inkare;

MURDEN

NEW YORK

PAIPING

PENANG KANGO 3

MASTUS

SAN FRANCISCO

Sdang BAL

SINULIUZE

MZALA

EL PATANI

TLESTSIN

Tukio

TSINUTAU YUKUKAMA

Üret Anda opasand as Lau L'urmaczy and, But Deponise znowted for one year or aborter

de La Loosi Currenty and mating or terme We wil be quoted on appicausa

ALGO up to 240 SIFE DEFUSIT BULES CA IU LEL

Hong Kong, 24th February, 1936.

HONG KONG SAVINGS BANK.

The Busines of uw ebore Back is conduct páky the HONG KONG AND SHANGÉAI MAKING CORPORATION, Swee may be sand or appliansion.

*FOR THE HUNG LONG AND SHANGHAI BANKING CORPORATION.

V. M. GALYBURN,

Clue Manager.

Hong Kong, 34th February, 1936.

THE BANK OF EAST ASIA, LTD.

Katariant, Gage Fred-up Capu

@30, 10,003,0A L386,106.32

KƏNDƏ

acts and Codivided Profile

READ OFFICE:-RUNG „KUNG.

ig On Your Band, Gazir tim

BOARD UP DIRETTORS ;-

Mir Shou--100 Chow, ChauPORNO. Can Eng. P. £. Kwok

Fun Tong kay Ken Chung bbw,

.. Wong

la

SL Ley, Yong Can be Eng, med "Ira Yung

La Tung Po, Eng., Chat Kaonge,

1. Fang, Esq. Mannew. BRANCHES AND LOENCIES : —

bielarus

ma

Empang

Formula

Paris

Imping

Sh

Landur

*SUUD

bestia

JUSTWOW YO

ف المراة

V a)

VLADEGALÁB

Kowy- deusipuwa 2. Backing and ExchALL BE Las groet da, eppested

İLDƏNƏKLİKLER spared is Lound Cuzz60 Fred Dugmnice received for com per or are eraso mad Fargo Ceram De Suena which will be quaint ve appilie

Maa Depan Bus To

FAN TONG PO,

Cou! Magage.

Yokohama

Formiga Lucbangs ved Owoscil Banking busines LANDLO

THE CHINA MAIL, WEDNESDAY, JUNE 24, 1936

ommerce and Finance

NEW YORK SHARE MARKET

Reaction Towards Close

AFTER OPENING HIGHER

LOCAL DOLLAR

STEADY

Silver Prices Fall

The local dollar is steady, jopening on demand this morning

at 1/3-5/16d..

"Spot" silver fell to 1/16-19. Messrs. White. Weld and Com-while "forward" fell to 19%.

US$5.01-

pany, New

York Correspondents

The London on New York cross-

for Messrs. S. E. Levy and Com-rate was quoted at (pasy, report:-

11/16, as compared with $-U.S.-{ "Stocks:-The market today $5.01%, while the New York on opened higher, but reacted some London cross-rate was quoted at Locust open and Fixed Deposite what towards the close: The US$5.02% as compared with

volume of business was fair. With

pared for one year or shorter perioda al role

buch wadi be quoted on application.

Beak's Bend On London

Trates

Escolor 4

BROTHY ડ્રા British Income Taz orary

Terra which may be scertained on app

A. BREAKLEY,

moder

($—U.S.$5.01%-

the Tax Bill now disposed of sadį

Manager. Hong Kong, 1st January, 1935.

an early adjournment of Con-

LOCAL SHARE MARKET--

TO-DAY'S QUOTATIONS The following was the list of

local share quotations issued to

day.

Banks

FLK Banks $1.550 b. $1535 &...

$15871⁄2 33:

H.K. Bank (London) £1021⁄4 n. Chartered Bank $13. Mercantile Bank A. and

Mercantile Bank C £15%D Bank of East Asia $73 IL

Insurancos

Canton Ing. $255 n. Union Ins. $520 b.

China Underwriters $1 1. China Fire Ina. $462 HK Fire Ins. $250 n. International Assce. Sh.$34

Shipping

Douglases $36 d.

HK Steamboats 84 a.

gress in sight, we are of the opin- SHIPPING IN THE Indo-Chinas (Fref.), 330 n.

ion that prices will gradually Business done:- work higher. 1970.000 shares.

"Wheat:-Damage to

the crop

THE CHINA & SOUTH SEA BANK, in the North-West is-severe and

LIMITED

(Incorporated in China) Head Office Shanghai Capital

$7,500,000.00 Reserve

$1,500,000.00 Branches--All Important Citian

China

Foreign Exchange and General Banking Bombe tratamed.

iz

South-West prospects are decreas- ing. The weather is still the main-factor. We would continue

•

DOMINIONS

Possibilities Of New

Service

London, To-day. The President of the Board of to buy on setbacks and to take Trade, Mr. Walter Runciman, an- profits on bulges. Total sales-nounced in the House of Commons 39,946,000 bushels.

yesterday that the Governments of the United Kingdom, Canada, Aus- ing to-day in anticipation of tralia and New Zealand had ask- favourable weekly weather reported the Imperial Shipping Commit-

In the East, condi-

"Cotton:-There was some sell-

Current and Beving kovotale opened mod Fixed Dupa romerad är case year or skoriat parade to-morrow.

cases, which will he quoted on application.

200 & CHING,

Manager.

RONG LONG BRANCH:

De Vos Band, Comical. Manager's Othonememein Tei 30563 Foreign Exchanga Daph, maternit General Offe Cualiser's Vo

3868*

THE WING ON BANK, LTD.

Head Office: Hong Kong

26. Des Voeux Bond Central.. Authorised Capital $10,000,000 LONDON BANKERS:- Westminster Bank, Ltd. Foreign Exchange and every des- cripton of «banking business transact- ed.

3

tions are mostly cloudy, but there tee to report;

Firstly, as to the trafic possibi- is no real moisture. Buyers are lities of British passenger

and non less pressing, but sales of

betweer western cargo services cotton-goods

We are excellent.

Canada and Australia and New would favour purchases Op fair

Zealand: reactions.

Secondly, whether a service on "Rubber: We think that the the lines suggested by the ship- decidedly bullish "fundamentalsį

ping interests concerned would be are now becoming gradually re-appropriate, in view of the traf cognised by outside interests. fic" possibilities and any other With offerings small and a broad-shipping facilities available; if ening interest; higher prices will

not what kind of service would be be witnessed. Total sales:--2-

appropriate; 1850, tons.

"Flash-The president signed the tax bill.

Thirdly, as to the probable fin- hasancial result of such services,

taking, into account the financial) result of the existing British ser-

Fixed Deposits re- COMMODITY PRICES vices between San Francisco and

Current Accomata and Savings Ac- counts opened. ceived at rates,which will be quoted). on application.

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

PHILIP GOCKCHIN

Chief Manager.

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE:

The following quotations have been received by Reuter:-

Prev. Yesterday Closing Closing

New York Cotton: July

October

12.31 12.20 11.50 11.65

December

11.59

11.44

January

11.57

11.43

March

11.56

11.46.

May

11.84

1152

Spot

1241

12.28.

1,800,000

New York Rubber: July

15.91 16.01

September October

16.03 16.13

75, Genonchusch Street, London, E.Ç.A.

Authorised Capital ..£3,008,000

Subscribed Capital

--

.... 1,050,000

Paid-up Capital Beserve Fund & Best 1,247,2809.

BAYLEES:

The Beak of England & Midland Bank, Ltd.

BRANCIES:

Bangkok

Bombay

Ipok body

Calcutta

Karacai

Kota Bharu

Kuala Lipis

Kuala Lumpar

Hong Song Howrah

Kusaika (Phang) Madem

New York

December January March

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1980

Capital (full paid-up) Yen.100,000,000 Yen.123,150,000 Reserve Fund

Head Office: YOKOHAMA

Branches and Agencies at

Alexandria.

Nagasaki

Peange

Port Loui

Bangoon Shangbal Simla

HONG KONG BEANCE.

“Every description of Banking and Exchange

Trusten and Executorships undertaken.

INTEREST. „llowed on Curront docounts and September Piped Deposite at Bains that may be ascertained kos" application.

Batavia

Berlin

Bombay

Calcitta

Canton

Dairen (Daisy)

Nagoya

New York

Osaka

Paris

Peiping

rengtien (Mukden) Rio de Janeiro

Hamburg

Fsakow

Harbin

Hong

Kang

Honolulu

Hainking

Kobe

Landon

Los Angeles

Manila Moji

Rangoon San Francisco Seattle

Cem rang

Shanghai

Singapore

Sou-Ebeys

Sydney Tokyo

Tientsin

Tsingtau

Yingkow

Interest allowed for Current Ac-

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

G. KISHINAMI

Manager.

Hong Kong, 10th March, 1336.

THE

:

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)

Capital paid up $8,000,000. Reserves

$7,500,000. Capital Savings Dest: $500,000. Reserve Saving Ext.: $800,000. Head Office***Stangkai

A Bank having as its mission the industrial

Chins and tan Lost an

of her Grelations abroad.

COL Anr Oce→→

Hoar

6, Queen's Road Central

Phone 31116.

transacted,

Travellers Chaque immund

16,060 16.16 16.14a 16.24 16.170 16.280 16.25 16.36 16.33n 16.46

Australia and New Zealand; .

Fourthly, whether such service (would have any ill efect on any

other British interesti

Consideration of the matter was begun at a meeting of the shipping committee yesterday. —| British Wireless Service.

RAW RUBBER PRICES

Latest Quotations From Singapore

Messrs. H. E. Joseph and Caj have: received the following quotations Am Straits CUTTERLY from Singapore for Raw Rubber

Buyers

July,Sept.

(muritius) | May

Spot

264 Up

Chicago Wheat:

2

261⁄2 Up

July

95

95%

Singapor

¡Oct./Dec.

26% Up

September

95%

96%

Jan./March

27% Up

December

97%

97%

Market-Firm.

Chicago Corn:

July

€53

664

BERLIN SHARE MARKET

644

643

Winnipeg Wheat:

E. KENNEDY.

↑, Queen's Bood. Contr..

Hong Long 6th July, 1986.

July Manage

October December

83%

202

Closed

$4

41

SAFETY ||

the

Berlin, To-day-The share mar-İ ket was again weak yesterday. because of the beginning of holiday season, during which in- vesters postpone business trans- actions. Offer was greater than demand, so that prices were weak Fixed interest securities very dull, but price changes were. armall Call money available till afternoon was settled at 3 1/8 per

for your travel funds ent-Trans-Ocean Service.

The funds for your business or pleasure trip Can be safe- guarded if, before leaving you have us convert them into

AMERICAN EX PRESS TRAVELERS CHE QUES

They are spendable everywhere and no identification is neces- sary other than your signature. If lost or stolen, umcounter- signed, your money is refund ed. Issued in denominations of $10, $20, $50, and $100. Also

in Sterling 2, 25, and £10.

THE AMERICAN EXPRESS CO., INC.

Incorporated with Limited Liability in USA

No. 4, Des Voeux Road C.

were

REICHSMARK QUOTATIONS

Berlin, To-day. The Reichs- mark, was quoted yesterday with- out guarantee at: New York, 40.31: Amsterdam, 59.425; Paris, 61100; and London; 12.4425. Paris quoted the Pound sterling at 76 to 76.05, and the U.S. dollar at 15.15.-Trans Ocean Service

HONG KONG HEIGHTS

For the information of visitors the following list of some of the highest points on the Island and Mainland is published:—

ESLAND

Victoria Peak

The Eyrie

Feet.

1,823 ༩

Signal Station

Mt. Parker

1734

Moritain Lodze

1,725

1,725

Peak Hotel-

1,505

ML Davis

Bowen Road (Alterheds)

STT 297

MAINLAND

Taimoshani Kowloon Peak

Feet *3,124 1.971

Indo-Chinas (Def.) $20 m Shells (Bearer) 98/14 n. Union Waterboats $12.20 S

Docks, etc. H-K. and K. Wharves $83 1. HK and W. Docks $91⁄2 b. Providents (Old) 95 cts. Providents (New) 20 cts. 1. Hong Kew Sh$185 n. New Engineering Sh.44 n. Shanghai Docks Sh$100 2.

Mining

Kailan Mining Ad. 11/3 n. Langkats (Single) Sh-$8 m. S'hai Exploration Sh$41⁄2 a. Shanghai Loans Sh.$4 n Raubs $10. Venz; Goldfield $44 b. Antamoks $483.

Atoks 60 cts. b. Baguio Gold 26 ets. b. Balatocs $21% 1. Benguet Consolidated $18.40 Benguet Exploration 24 cts. b. Big Wedge 36 cts. n. Consolidated Mines 1 cts. Demonstration $105 b. $1.08/-1

1.07 sa

Gold Creek 9 ets. a. Ipo Gold 31 ets. n. Itogons $141. LXL $1.95 b. Masbate 76 cts. b. Northerns Mining 36 cts, n. Paracale Gumaus 58 cts. 11. -- Salacots Mining 12 cts. sa. San Mauricio $1.02 b. Suyod Consol 34 ets. n. United Paracale $1.02 ... $L-

03 sa.

Universal Explor 17 cts. n

Lands, Hotels, etc. H.K. and S. Hotels $41⁄2 sa. H.K. Lands $30.90 n.

Lands 4% Debentures 100% b. Shanghai Lands Sh.$13 n Metropolitan Lands Sh.. $10 Humphreys $8.55 - HK. Realties $42 n.. Chinese Estates $30 n. China Bealties Shi#4 n. China Debentures Sh.$60 m. Public Utilities

H.K. Tramway's $10.10 h. Peak Trams (old) 62 a. Peak Trams (new) $23⁄41⁄2 n Star Ferries $86

Yaumati Ferries $20 ni

C. Lights (old) $10.55 b.

60/10.65 sa

LEGACY LEFT

TO SON LOST

FOR 17 YEARS

Missing Man Located By Advertisement

LOCAL NEWS BREVITIES

There will be a whist drive at

the Sailors' House and Seamen's- Institute to-day, beginning at 9.5.m

There will be a ten dance at the Club to-day, beginning

RETURN TO CLAIM PAYMENT Cheero

UNDER WILL

lat 5 pm

B

A whist drive and tombala will Two legacies of £1.000 each in be held at the Kowloon Docks to the will of Mr. Charles Irimes

day. Barratt, of Woodlands-grove, Wey- bridge, who died in February

The Garrison Sergeants" leaving £21.384 (n.p. £17,476) have will hold a Whist Drive and resulted in the discovery of a son Tombola at 8.30 p.m. to-day. who had been missing for 17 years.

Mess

Mr. Barratt bequeathed £1,000 A Dinner Dance will be held on to his son Charles Ralph Barratt the open roof of the Repulse Bay. and £1,000 to his son's wife. He Lido-weather permitting and at stated that he had not heard from Repulse Bay Hotel in the event of him for some time, and did not bad weather to-day at 9.00 pm. know where he was or whether hej was alive.

Among the passengers due to He directed the Public Trustee arrive in the Colony by the 5.3. Ito advertise for him.

President Coolidge on July 2 are Mr. Charles Barratt and his wife Master Donald Ballantyne, son af separated 17 years ago and the the Assistant Manager of the separation caused father and son Chase Bank, Hong Kong, and Mr. Ito become estranged. Neither sa* Herbert Rea, an official of the jeach other from that time.

Standard-Vacuum Oil Co., Saigon, Since the advertisements had been accompanied by Mrs. Eea inserted in papers young Mr. Bar-their two sons. ratt visited Weybridge to see Mrs. Barratt, senr., his stepmother. She

and

A donation of $5 has been made

has been in touch with her step- to the St. Vincent de Paul Society, (son's wife, a Belgian woman, whoļin

memory of Lieutenant-Com- after the separation returned to mander Kenneth John Manners, Ther native country. ·

by Mr. M. McCarthy.

The question now arises whether

she will be able to claim the legacy, A flannel dance will be held by because under Belgian law a mar-the local section of the Health, Athletic ried woman has no rights apart Strength, Sports and

Club at the Hotel Cecil on Satur- from her husband.

day next from 3.30 pm to 12.45- a.m. Members and their friends are welcome, at the usual admis

NET RENT CASE sion charges. By kind permission

DECISION

Court Of Appeal Ruling

ALLOWANCES FOR LANDLORDS

of Liert-Col R. M. Rodwell and Oficers, the Dance Orchestra of the 1st Bn. the Royal Uster Rifles will be in attendance.

The ss. Rawalpindi is expected here from Shanghai at 6 am on Friday.

Chan Sau-ching, an

ex-soldier,

A rent dispate decision of im- portance was given by the Court was this morning charged" before Mr. W. Schofield at the Central of Appeal last month.

It was given in an appeal from Magistracy with possession of 33 the decision of Judge Clements at counterfeit Hong Kong 10-cent Rochester County Court, and rais-pieces and intent to utter same in June 20. The High Street ed two questions:

case was fixed for hearing on July 1. Whether allowances respect-12 at 11.30 a.m. Detective-

#

wg

ing rates granted to the landlords Sergeant J. S. Riddell is in charge. by virtue of the provisions of the of the case. Poor Rate Assessment and Collec-

Kang Yuk-ying, aged 13, tion Act, 1869; the Rating and Valuation Acts, 1925 and 1928, admitted to the Government Civil and the Local Government Act, Hospital yesterday after having Caine- 1929, should be deducted from the been knocked down standard rent of premises to as Road by car No. 3450. certain the net rent.

Leung So, a passenger

in car admitted to the

2. Whether the landlord Was entitled to an 8 per cent. increase No. 1800, was

in rent because structural im-Government Civil Hospital yester provements and alterations were day suffering from injuries re- the ceived when his head hit carried out to the property.

windscreen of the car, when it stopped suddenly while following

Important Principle

The Court granted the appeal, a lorry. and decided that the allowances

should not be deducted from the

$10-standard rent to ascertain the hours ending at 10 am to-day

C. Lights (new) $7.70 b EK Electrics $50 b. Macao Electrics $18% 9. Sandakan Lights $8.30 a.. Telephones' (old) $25. Telephones (new) $8% s.: Chima Bases Sh.$114 n. Singaporé Tractions 20/- b. Singapore Pref. 28/- n.

Industriais.. Malabon Sugars $91⁄2 b. Cald, Macg. (Ord) Sh.$191⁄2 n.

Cald., Macg. (Fref.) Sh.$15 m Canton Ices $13⁄4 mi Cements $8.60 b., $83⁄4%/8.70 sa. HK. Ropes' $3:90 z

Stores, etc Dairy Farms $191⁄2 1. Watsons $3.45 Lane, Crawfords $6 n. Mackintoshs #5 2. Sinceres $1.70 'n.

Wm Powells 40 cts. n. Wing On (HK), $50 n

Cotton Wils Ewo Cottons Sh.18`n. Shanghai Cottons (old) Sh

$70 n.

Shanghai Cottona - (new) Sh

$3914 1 Zoong Sings Sh$18

Wing On Textiles Sh.325 1.

Miscellanous?? 1 Entertaintments $2.90 n.

S. C. Enterprišes" $1:25 n. Macao "Greyhounds” $2 n. Constructions (old)$1% n Constructions (new) 30 ctx. b. Vibro Piling, $231⁄2" n:

Inet rent.

Hong Kong rainfall for the 24

The total since-- This decision was was 0.02 inch.

January 1 has been 23.78 inches, against the landlords.

how against an average of 35.23 inches. Their lordships found, ever, that the landlords were en- titled to the increase of 8 per cent:

wwww...

Lam Tak, unemployed, was this before. Mr. charged morning

Giving the judgment of the J. H. P. Lee at the Central Magis- Court, Sir Boyd Merriman said tracy with snatching the hand- that the amount at stake was tribag of Miss Packwood of No. 8. ing, but the principle was of im St. John's Apartments in Des Vouex Road yesterday. Defendant portance to a considerable num-i ber of tenancies to which the Act pleaded guilty and was remanded for 24 hours for medical examin applied.

{ation.

FREE BEER IN COLLEGE

NEW BANK HOLIDAY

Undergraduates of Brasenose That Coronation Day be declar College, Oxford, were recently led a perpetual Bank Holiday will given free beer. at Lincola Col-be discussed by the Federation of lere, in accordance with a custom British Hotels Apartments..

and

dating from the Middle Ages. Association at Llandudno.

Los Angeles Ousted

By German Zeppelin

Lakehurst, NJ. States Naval Air Station, as he Cast aside by Congress as too old climbed an aluminum Madder into for service and shoved out of her the 12-year-old ship's cabin. This home to make room for a new arship is as good as the day we got rival from Germany; the United her-from Germany. Just wait and States Navy's"dirigible Los An-see....”

Ch. Govt 5% 1925 GB4L-3gam.

93%-ban V

geles swing from a pinnacle in the Two officers and eight men were: back yard last month, though still abroad the old ship, whose back petted by faithful men who live end rested on a railroad track for the day when she willy geared to a rusty railroad track.

There are always. 10 men aboard" "We know Congress and the the Los Angeles when she is out- HK Govt. 4% Loan 7% prem American people are going to see aide the hangar, Commander Gil- the light some day," said Lient-mer explained Should it break HL Govt. 5% Loan 1%% Commander Francis Hook Gilmer, away from the mast they would

prea b

training officer of the United be there to handle it. Wallace Harpers $4 n.