1936-06-25 — Page 8

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorized Capital

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

.....$50,000,000 Inch:porated by Royal Charter, 1853.

Lassed and Fully-Paid-up 20,000,000!

Beseers Fond :—

Sterling£ 4,500,000

Hong Kong Currency

Reserve $10,000,000 Mbarve Liability of Pro-

prietors

TEAD OFFICE: HONG KONG.

Kacanal

Semarang

READ OFFICE: LONDON

Paid-up Capital

Reserve Fund

£3,000,000 £3,000,000

Reserve Liability of Pro-

20,000,000

prietors

£3,000,000

Agencies and Branches:

Ho

Langode

Autr

1pok

Delgoe

Bengkok

King

bersaban

Xebe

Shangh

Kunia, Lunger

pars

M

Hudan

Exter Bourabaya Tupang Thaistarm

Now Yock

Kuplung

Piping

Lehacker)

LLAGE by

Hankry. Harbis

Paring Геммы

Faingian

Hos Kong

Zamboang

BOARD OF DIRECTORS. Đầu tiên cho ở Paterngu

Chartan

G. Miskin Esq...

Deputy ChairmDOEL

Hon. Mr. W.H. Bell, JR. Masson Eaq, AE. Campton Esq., T. E. Prazce Esq.

Hon. Mr. S. H. Dodweil,

ANDI

7. A. Plummer Esq.Į Johnson Esq. AL Stueida E.

V. M. Grayburu, Esq.

BAMAVIA

JUMBLY

CALCUEFA

CANTON

CHXFOO

DALLEN JUUCHOW SAPHONG BANKURA HANKOW

BARRIN

BUNGEE

مقدسة

Al

JOKOZI

132

KOWLOON

Chaal ManageNT.

BRANCHES S

FCALA LUMPUR

LANIWAN

MALAČKA

MANILA

SEUA Labor MLADEN

NEW LUBE

PELDING PENING

SANG CHEN

ایران شد

SAN FRANCISCO

DEL NULLA

SUCKABAYA

AMPAANI

TABSININ

NATU

TUZAU

YOKOHAMA

Cermat Late opsami za kom: Gurreac?' sud. Sizes Depouso on your at horser gerade in domed Cumming and Dieting on vers

BHƏ Up a SAFE

zona shes to Last

Batavia bombag Caloun

100

Cawapre Labu

Colombe Data

Zorsign hachangs sad Guoneel. Banking busiamm"

Gransarted.

Current Accante apanad- and Fixed Deponite | TOMY OF OPR me or shorter pecode at rele wuch wil be quoted on sypos

_26# Bank) Seed Do in Londoa

wunder

Elevato * Trustee Denizens, and cana macmary of Brush Lacoma Tax Ofacpaid, uu Garwich may be monetized on appassion.

A. BEFARLEY,

Manager. Boar Kong, 1st January, 1935.

THE

AMERICAN EXPRESS COMPANY.

INC.

Incorporated with Limited Liabilag án Đồnh Head Office: 65, Broadway, New York

BOLES in

Capital

Hong Kong. 24th February, 1936. Surplus

HONG KONG SAVINGS BANK

The Bunces of the sours Bank in votulanca-

Reserves

Anahardasa

U.S.$6,000,000.00 2,240,344.38 897,612.65

BRANCHES,

Antwer Acham

Geco Glengow

The qua Hair

Bum may be

Korist

Hombay Keaman

p by the HUNG KONG AND SHANGEAL SANDRING GURPURATION.

sanaand on applieswing.

FOR THE LONG RUNO AND SELNGHAI BANKING CHEPUKATION,

V. M. QUATRORS.

Chat Manager - - Hong Kong, 24th February, 1938.

محض

Hamberg DAFTA

Baudelberg Latest

Mooreaz Mil

عادي

Fir bersa Poping Колигоныя Кокте

bangl

Southampton

bugapore

Calcata

Colombe Zupang

Loadou Larerpool Довела Lugans

Dable Richar

Crecers

Alac

Mouse Caria

Manila

Detail VHERONE VRTÁK Xorobang Zurch

Authorison Capita

Zuid-up Capita

THE BANK OF EAST ASIA, LTD.

A to $10,000,360.DI

„$ AMANDALO

Manick

Branches of American Express)

States of America and Canada.

Somers and Gadimed. Protein Company in Principal cities of United

HEAD OFFICE:-BONG RONG.

I Had

BOARD OF DIRECTORS —— Sur kou-os Chow, ChazzRAN,

All classes of Commercial Banking Transactions undertaken

Personal investment accounts hand-

Kang Hoax Chy son, Fay, nor led.

Kan Tung Pɔ. Eng, Chust Manage..

Sa Ims Fong, Eng, Macap.

BRANCHEN AND AGENCIES : –

Eatin Kmphong Hankow

Homolute

Zonson

SAD.JA

KANNADA

Ba

LİMLER

ا ما

-FLOOR

Descale hamzarang

changha

suppre DOUBORYS DWGLOW

Insi

Žukau

Vandus; PRE

ي السباحين لا.

The Company offers to intending Travellers the use of its “Travellera |

Cheques" and Letters of Credit and, i 边 addition, tha world-wide services

of it thoroughly equipped Travel: Department

C. EL BENSON,

General Manager.

Every power in Saching and Excent THE CHINA & SOUTH SEA BANK, Bus tractam:Lad Louis, greind on approved

CLETES Buzia opeced in Loomi Currency and Fixed Deporte roomried for acn your GE skorar persada in imoni and Foreign Currencie Da larme which will be quoted on naplacatodi

Sale Depous Sazes. 20 Les

EAN TONG P20,

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1980 ・・

LIMITED

(Incorporated in China)

Head Office-Shanghai

Capital

$7,500,000.00

Reserve

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

China

Forsign Exabange and General Banking Businma $22.7

Current and Bering Accounts opened süd Fixed Depaus zekrva dar one zwar or absorber penda 64 zake, thich will be quoted an application.

Xaung.

Capital (full paid-up) Yen 100,000,000 To £3505

.Yen 129,150,000 Reserve Fund

Head Offee: YOKOHAMA

Branchen and Agencies at

Alexandria

Batavia

Berlin

Bombay

Calcutta

Canton

Canton

Nagasaki Nagoya New York Osaka

Peiping Dairen (Dainy) Rangoon Fengties (Mukden) Rio de Janeiro San Francisco Hamburg

Harbin

Hankow

Hong

Honolain

Kong

Hainking

Karachi

Kobe

Lendon

Los

Angeles

Semarang

Shanghai Singapore Sourabaya Sydney

Tientzia

Tokyo Tsingtan Yingkow

Interest allowed for Current Ac counts.

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

G. KISHINAMI

How

Maxac..

Hong Kong, 10th March, 1936.

THE

SHANGHAI COMMERCIAL &

SAVINGS BANK LIMITED (Incorporated in China)

Capital paid up

Reserves

$5,900,000. $7,500,000. Capital Savings Dept. $500,000 Reserve Savings Dept. $500,000. Bead-Office Shanchal

A. Bank having as ita, mission the industrial development on China and the fostering of her commercial relations abroad. " Hong Loai Do

6, Queen's Road Central -Phone $1116.

RONG LONG · BRANCH: 26, Da Yax. Boad, CanzENİ. Zorg Exchange Deph m General. Ofice Cantine's O

23567

THE WING ON BANK, LTD.

Head Office: Hong Kong 26, Des Voeur Road "Central. Authorised Capital $10,000,000 LONDON BANKERS:- Westminster Bank, Lud Foreign Exchange and every· dos- cripton" of Babelding businik tiansact-

Current Accounts and Savings Ac- counts opened. Fized Deposits re- ceived at rates which will be quoted on application.

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

PHILIP GOCKCHIN

Chief Manager:

HONG KONG HEIGHTS

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

THE CHINA MAIL, THURSDAY, JUNE 25, 1936

LOCAL SHARE MARKET

TO-DAY'S QUOTATIONS

ommerce and Finance.

The following was the list of {local share, quotations issued to-

day.

Banka

H.K. Banks $1,580 sa

H.K. Bank (London) #102 a. Chartered Bank $14 n. Mercantile Bank A. and

£30

Mercantile Bank C. 13. Bank of East Asia 87S 11.

Insurances

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

China Underwriters $1.1. China Fire Ins. $462 p. HK Fire Ins. $250 a International Assce. Sh.$31⁄4

Shipping

Douglases $36 ́n: H.K. Steamboats $4 n. Indo-Chinas (Pre), $30 n Indo-Chinas (Def.) $20 Shells (Bearer) 98/9 n. Union Waterboats $12 a

Docks, etc.

KK and K. Wharves $88 H.K. and W. Docks $94, b. Providents (Old) 95 cts. b. Providents (New) 20 cta. 2 Hong Kew Sh$185 m.

New Engineering Sh‡4 1. Shanghai Docks Sh.$100 n

Mining

Kailan Mining Ad. 11/3 1 Langkats (Single) Sh.$8 n. S'hai Exploration Sh.84 Shanghai Loans. Sh Raubs $104.

Venz: Goldfield $44 b. Antamoks $4.45 5. $474 82. Ataks 63 cts. h. Baguio Gold 26 ets. n. Balatoes $13⁄4 n

R

1.

Benguet Consolidated $18.40 n. Benguet Exploration 24 eta, b. Big Wedge 41 cts. b. Consolidated Mines 24 cts. b. Demonstration $1.07 b.. $L.06/-)

1.07 S.

Gold Creek 9 cts, n. Ipo Gold 31 eta. . Itogons $14 n.

IXL. $2 b.

Mashate 76 cts. b.

Northerns Mining 36 cts, D. Paracale Gumaus 66 cts. b. Salacots Mining 12 cts. n. San Mauricio $1.04 b.

DUTCH BANK RATE

+

Reduction Follows French Action.

FRANCE'S GESTURE PURELY PSYCHOLOGICAL

CHAIRMAN RESIGNS

Cable And Wireless Limited

C

MR. DENISON-PENDER WITHDRAWS

London, To-day. It is officially announced that fr. J. C. Denison-Pender has resigned from the chairmanship of Cable and Wireless Ltd, and that Mr. Edward Wilshaw has been elected his successor; but Mr. Denison-Pender will con- tinue to hold the position of

London, To-day. The reduction of the Nether-Governor and Managing Direc lands bankrate. which follows Cable and Wireless (Holding) tor controlling the company Tuesday's similar action by the Ltd. He also remains chairman French central institution, has.not of the associated and subsidiary surprised foreign exchange an companies within the group. |thorities, who regard the meESUZE

The official statement say's

as

as purely orthodox, in view of the the initial stages of Cable and virtual cessation of the capital wireless Ltd. are past and the

outflow from Holland.

THREE YEARS TO PAT

HIS DEBT

A man who walked into Shore- ditch County Court yesterday aid- ed by crutches said he was a crip-. ple for life. He offered to pay debt by monthly instalments of 25. Bis weekly earnings, be said, averaged 35s, and he had a wife and two children to main- tain.

Judge Lilley remarked that 2s a month would mean about three years to clear off the debt

Plaintiff's counsel: My clients are willing to accept 2s a month.

Judge Lilley, making an order accordingly, remarked, "That is very good of them."

LOCAL DOLLAR STEADY

*

Silver Prices Rise

WELL-KNOWN INDIAN PASSES

Mr. Moosa Mohammed

LARGE MUSLIM GATHERING

AT FUNERAL

The funeral took place at the Mohammedan Cemetery, Happy, Vally, yesterday afternoon, of Mr. Mooss Mohamed, arrell-known member of the Indian community, who passed away yesterday morn- ing, after a brief illness, at his residence, No. 51 Sharp Street West. Maulvi Mohammed Noor conducted the service.

The deceased, who was 66 years of age, was educated at Queen's College. Upon leaving school. he joined Messrs. Deacons, with whom he worked for several years. He then transferred his services -to Mesars. Douglas, Lapraik and The local dollar is steady. Company, remaining there for situation should be re-examined, opening on demand this morning about 25 years when he resigned, Insofar as the Bank of France Mr. Denison-Pender feels that he at 1/3-5/16d.

jon account of bad eyesight, and is concerned, the opinion is ex has achieved what he has been

"Spot" ailver rose 3/16 to 19- went to Shanghai to join his bro pressed that the lower bankrate trying to do for the past four 13/16 while "forward" also rose ther, with whom he stayed for s cannot be taken as an indication:

number of years. years since he has been the Gov-3/16 to 19-13/16.

He returned to ļof an improvement in the GOLF-

The London on New York cross-the Colony about two years ago. ernment-approved chairman of the try's financial situation, but merc-

rate was quoted at S-U.S.$5.0233, He leaves two sisters. fly as a Governmental gesture for

In order to facilitate the new

as compared with US$5.01- Amongst the large gathering improving the psychology of the

were Dr. H. el Arculli, on Present arrangement Sir Norman Leslie 11/16, while the New York French public.

London cross-rate was quoted at Mr. S. R. Curreem, Mr. Abdul has resigned-Reuter

4—U.S.$5.02-7/16, · ១៧ compared Curreem, Mr. F. M. él Arculli, Mr. - with £-U.S.$5.02

and Mrs. R. G. Markar, Mr. and Mrs. C. G. Markar, Mr. and Mrs. A. G: Markar, Mr. J. S. Ackber..

H. Madar, Mr. M. P. Madar, Mr. A. R. Minu ¡Mr. A. R. Dallah, Mr. A 0.

It is pointed out, moreover, that| ever since taking office the French

company.

Government has been awaiting an COMMODITY PRICES

opportunity for initiating its cheap money policy, which forms;

4.7

The following quotations have essential part of its pro- been received by Reuter:-

gramme, as is shown by the im

pending issue of "Baby Bonds,”

Prev, Yesterday

Closing Closing

the yield on which is believed to New York Cotton: [be 21⁄2 per cent.-Reuter,

July

DUTCH BANK RATE REDUCED October

12.20 12.07

December Amsterdam: The Nederlandsche January Handelsbank has reduced the dis-March count rate by 4 per cent.

to 4 May per cent-Trans-Ocean Service.

Spot New York Rubber:

NEW YORK SHARE July

MARKET

Highest Prices Of Year Foreseen INCREASED SPECULATIVE'

ACTIVITY

COTTON TARIFF Mr. A. Butt. Mr. A.

BOARD

New Duties Scheduled Madar. Mr A. R. Arab, Mr. S.

For India

Simia, To-day.

of

Ismail, Mr. S. Sepher, Mr. U. Rum- jahn, Mr. A. R. H. Esmail, Mr. M. Razack, and many others.

NOTIFIABLE DISEASES

The Government of India has) announced the acceptance the following recommendations

Two cases (with two deaths) of of the Cotton Tariff Board and diphtheria, eight cases (with two a notification will be issued giv-deaths) of enteric fever, two cases ing effect to them" to-day:- (with two deaths) of measles, four

(1) The duty on plain grey cotton cases (with two deaths) of cerebro-- piecegoods will be reduced from 25 spinal fever, one case (with one per cent ad valorem or 4 annas per death) of puerperal fever and 53 ib, whichever is higher, to 25 per

cent ad valorem or 3% annus per the deaths from tuberculosis were re- whichever is higher;

ported to the local Health authori-

11.50 1150

·11.44 1146 11.43 11.47

11.46 11.48 11.52 11.52 12.25 12.16

September October ¿December

January March

May

16.01 16.00 16.13 16.12 16.16n 16.15m 16.24 16.23 16.280 16.272 16.36 16.35a 16.46

16.431

Chicago Wheat: July

953

953%

20 per cent. ad valorem;

964

9614

973%

97%

"

be unchanged-Reuter.

66

67

6434.

654

$3 832 84

844

84%

ed on Tuesday.

September December Chicago Corn: Messrs. White, Weld and Com-

July pany, New York Correspondents

September for Messrs S. E. Levy and Com-

Winnipeg Wheat: pany, report:-

July "Stocks:-The action of the market to-day in ignoring the December

¡October

United Paracale $1.07 b.. $1.04/-) "Iron Age" story of unfavourable!

1.07 sa Universal Explor 17 s. n.

Lands, Hotels, etc.

Suyoc Consol, 34 cts. b.

*

Debenturèsition of 4%

HK. and S Hotels $4

$4.40/42 sa. H.K. Lands $30.90a. H.K. Lands 100% b. Shanghai Lands Sh.$12 m. Metropolitan Lands Sh. $10 Humphreys $8.55 m. HK Realties $42 Chinese Estates $80 n. China Realties Sh.34 n. China Debentures Sh$60 1. Public Utilities

H.K. Tramways $10% b. Peak Trams (old) 61⁄2 Peak Trams (new) $2 Star Ferries $862 Yaumati Ferries $20 n. ⠀⠀.. C. Lights (old) $10.50 b. C. Lights (new) $7.70 n.

K. Electrics $50.. Macao Electrics $18. Sandakan Lights $8.30 mi Telephones (old) $25 n. Telephones (new) $8% 3. China Bases Sh$11 - Singapore Tractions 30/- b. Singapore Pre£ 28/-

Industriais

Malabon Sugars 392 b. Cald, Mieg. (Ord) Sh$19% Cald. Macy. (Pref.) Sh$15 Canton Ices $13⁄4% x. Cements $9 b., $8.80 sa HK Ropes $3.90

Stares, etc Dairy Farms $194 Lane, Crawforda $6% 1. Watsons $3:45;n.

Mackintoshs 35 n. Staceres $1.70 a. Wm Powells 40 ctx. n. Wing On (HE) $50.

Cotton Mills

ISLAND

Feet

Victoria Peak Signal Station

1,873

1,774

Mr. Parker

Ewo Cottons Sh.48 m.

1,734

Mountain "Lodge

1,725

Shanghai Cottons

The Eyrie.

$70 22

1,720

Peak Hotel

1,305 877

Bowen Bond (filterbeds) 297

-MAINLAND

Feet

Teimoshan

8,124

Kowloon Peak

1,971

Mt. Davis

jlong-term outlook for steel as well las North-West drought reports in- dicates increased speculative sc- b.tivity. This may bring about the highest prices for the year in industrial averages in anticipa- excellent second-quarter reports, particularly in motors We favour this group and also oil issues for a move into higher prices, but we would advise cau tion if railroad stocks fail to fol- low the rise. Business done:—|| (1,240,000 shares.

(old) Sh.

(new) Sh

Shanghai Cottons

$391⁄2 1 Zoong, Sings Sh.$18 n. Wing On Textiles Sh.$25 a

Miscellaneous

Entertainments $2.90 0. S. C. Enterprises $1.25 m. Macao "Greyhound.” 32 z Constructions (old) $1%%% 1 Constructions (new) 30 cia. b.

1. "Cotton:-A forecast of the weather indicates more showers in the East, which is likely to stimulate some selling. The week- ly weather report is mostly fav ourable. There is some talk of moderate Government loan cotton releases shortly. With profit-tak- ing subsiding, we would enter the market with purchases on a scale down. The first tender day? for cotton is Thursday.

"Grains:-There have been no rains overnight and no relief is indicated.

"Flash: The first tender day! for rubber and also for copper is Monday.

The Gold Dust Corporation has declared a dividend of 15 cents per share. The Westinghouse] Electric Company has declared a dividend of $1.00 per share: The Consolidated Oil Company gg_de- clared a quarterly dividen s cents per share.

Average crude oil production during the past week is estimated xt 2,963,000 barrels as compared with 2,971,000 barrels the pre- {vious week.

The Edison Electric Institute estimates electricity production at [2,005,000,000 kw., an increase] of 13.0 per cent over the corres- panding period of last year.

Vibro Piling $24

Ch. "Govt. 6% · 1925° G$Bds.

9374

HK Govt 4% Loan 7% prem

ELK Govt 34% Loan 1%

premi į

Wallace Harpers 34 a

83*4

(2) The duty on bordered grey (Continued at foot of Preceding bleached and coloured (other than prints) will be reduced to

piecegoods

(3) The duty on cotton yarns will

(Continued from Next Column)

Q4

Column)

POSITION WANTED

POSITION WANTED-British en- gineer. B.Sc. Experience workshop ties during the week ended Saturday last. Two cases of en- Cantonese, Mandarin.

management and Teaching, Speaks Good recom-

teric fever and one of measles were mendations go anywhere. Apply Box reported during the 48 hours end-No. 734 c/o “China Mail"

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