1936-07-22 — Page 8

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

Muthorised Capitali ............$50,000,000 Incorporated by Royal Charter, 1855. Led and Fully-Paid-up 20,000,000 |

Sterling ....

Hong Kong Currency

Reserve....$10,000,000

KHAD OFFICE: HONG KONG,

FOARD OF DIRECTORS.

Agencies and Branchog:

Esserve Funda:----

HEAD OFFICE: LONDON

£4,500,000

Paid-up Capital

Reserve Fund

£5,000,000 £3,000,000

Ünservu Liability of Pro-

ristors

$20,000,000 |

Reserve Liability of Pro-

prietars

$3,000,000

Alor Star

Fangoon

Ampiam

Ipak

Baigon

Kianz

Hamba Calcutta Chatoo

Kanis Lumpur

Xacking

dres

Martia

| Colombe

Madan

New York

Paging

Danshen lihangh

Hingapore

Bokashaya Top

Tongkak

bulk)

[Peng

Paciang

Hon Mr. J. J. Patarson

G. Miskin Esq.,

Deputy Chairman.

Man. Mr. W.H. Ball, J.E. Masson Esq, cairapora H. Compton Esq., T. E. Parco Esqu

Mr. S. EL Dodwell,

J. A Plummer Egg, Bapho Ha. Mr. M. T. Johnson,

ANOT

SOLAMBO

خلط

Hankow

AL Shields Esq., darbia V. M. Gexyburn, Esq. Chist Manger.

BRANCHES,

MAMBURG

53

HANEOW HARKIN HUNGELT

JOHURE

SUB

KUWLOON

KUPON LUMPLA

LONDON

LYONS

MALACCA

MANILE

NÚAN ÇOBAN)

KUKDEN

NEW YORK

PELPING

PESANG

BANGOON

MAIGON

BAN FRANCISCO

BHANGKAI

BISGAPUZE

DUURABAYA

SUNGE PATANI

THIENTHAN

TOKYO

TSINGTAO

YOKOHAMA

Cmni Accoutre opened in Local Cummary and Deposite matted to one year or shorter ada 11 Local Currency and Biting on terma We will be swoled on applivationa

"250 sp sa daie BaFX ÍEPOSIT BOLES in

O AU LÊT

Hong Kong, 24th February, 1936.

HONG KONG SAVINGS BANK

The Baalbaar of the alum Bank is conduc

MAMING UND LONG AND MANGHAI

CUBPOKATION. Bules may be

sted on oppurtatur.

FOR THE HONG KONG AND BRANOMAI BANKING CORPORAMIOM.

V.M. GRAYBGEN.

Chia Magagic. “

Bong Kong, 26th February, 1936.

THE BANK OF EAST ASIA, LTD.

Authorised – Capita: mem Pidity Cal

$10,000,000,00

* 6,500,000,00 Basera and Ladiesded Prod 2000051

HEAD OFFICE:-HONG KONG. Kh Dee Youx Road, Capital. BOARD OF DIRECTORS :-

Hon. Sir Shou-son Chow, Chairman

64 Kom Chan, King, P. I. Kask, Eng WORK! I'm Tong, Mỹ, Chân Ching Shak, Bing Ink

Amet Homaría

Wong Chu bun, Xing, sad Inn

Las Tung Pa, Eng, Chist Xenaquc.

La Fong. Xaq, Macingw.

BRANCHES AND AGENCIES :-

Kaupaong Backow Samninia Low.com

London

Muibourse

Jaka

انال ما منو

Hangov

Francia

هدهد

Beastie

Ветерина Sour Dats bwałów Бубам

Takyo

Vaconumer

Armitage

Hang Seng Foren Kansered.

2- Palagian

Yokosma Żamaraang

hangs and General Banking bunizmu Current Accounts, opened stud Pized Depo Teoved lor 000 y de ahorne parodi at

which will be quited an appuestion.

busines and

and

مسيهات

The Bank's heed Offos in Ladon under A certo et roorwer of British Zosome Zaz erup terms which may be meterssload at my of

A. BREAKLEY,

Agencies and Drenokos.

THE CHINA MAIL, WEDNESDAY, JULY 22, 1936

Commerce and Finance

NEW YORK SHARE MARKET

Increased Dividends

Expected

SUCH REACTION SHOULD- BE AWAITED

Messrs. White, Weld and Com- pany, New York Correspondents for Messra S. E. Levy and Com- pany, reports

Stock: Favourable earnings and expectations of increased di- vidends are apparently delaying the moderate correction called for. Our by the recent steady rise. seinvestment policy would be tol

await such a reaction, although for a trading turn specialties might be bought when the above! factors appear to exist. Business done:-1,590,000 shares.

Manager. Hong Kong, 1st January, 1995.

THE CHINA & SOUTH SEA BANK, LIMITED

(Incorporated in China) Head Office.....Shangkai

.$7,500,000.00

Capital Keserve Branches-At Important Cines in

"berwondɗwas prond at tĮka sorsa WYLL TH

Wheat: Hedging pressure is) retarding progress, whilst corn bulged on prospects of fair and

Total sales:- warmer weather. 27.151,00 bushels.

SHARE MARKET

TO-DAY'S QUOTATIONS The following was the list local share quotations to-day-

SUPPLEMENTARY EXPENDITURE

Items Amounting To $12,395

BEFORE LEGISLATIVE

COUNCIL

LOCAL DOLLAR

STEADY

Spot Silver Up

The local dollar is steady, jopening on demand this morning!

at 1/3-5/16d.

“Spot" silver rose 1/16 to 19- ¡11/16, while "forward” was steady

at 19-11/16.`

The following items of supple-

The London on New York cross- Imentary expenditure will be sub-rate was quoted at $-U.S.$5.023⁄4, | of mitted by. His Excellency the as compared with $-US$50318, issued Governor to the Finance Commit while the New York on London tee of the Legislative Council this! cross-rate | Was quoted at -

U.S.35.02-9/16, as compared with (1) New Year bonuses to Chin-U.S.35.02. ese employees, $1,170. It is ex-i HK. Bank (London) 599 n. explained that there has been an in-

div.

Banka

HK Bank $1,570 E.

Chartered Bank $144 Mercantile Bank A and

£31 u

Mercantile Bank C. 14 1. Bank of East Asia $78 z.

Insurances

Canton Ins. $260 1. Union Ins. $520 d. 3525

$515/52214 sa.

China Underwriters $1 a. China Fire Ins. $462 n. H.K. Fire Ins. $250 n. International Assce. Sh.334

Shipping

41

Douglases $36 a. E.K. Steamboats $22 b. Indo-Chinas (Pre£), $30 Indo-Chinas (Def.) $20 n. Shells (Bearer) 99/41⁄2 D. Union Waterboats $12 m.

Docks, etc.

}afternoon:-

crease of 225 in the number of COAL INDUSTRY

IN FRANCE

eligible employees since last year.

B The item is to be met from savings

under Miscellaneous Services;

(2) A Kiosk for the HK REORGANISING BILL

Travel Association, to be erected

PASSED

NEW "ADVERTISEMENTS-

CONSIGNEES NOTICE.

LLOYD TRIESTINO

(Flotte Riunite Lloyd Triestino, Marittima Italiana E “Sitma")

NOTICE TO CONSIGNEES.

Steamer:

“VICTORIA”

From TRIESTE, VENICE, BRINDISI. GENOA, NAPLES, PORT SAID...

MASSAUA, ADEN, BOMBAY, COLOMBO, & SINGAPORE.

CONSIGNEES of Cargo are hersky informed that all Goods are bein

landed at their risk into the Godowns

of the Hong Kong and Kowloon Wharf & Godown Company, Ltd, in Kowloon, $1,900. The estimated

Kowloon, whence and/or from the cost is $7,900, but as it is being

Paris. To-day. wharves delivery may be obtained. Sdesigned also to accommodate the

Optional cargo will not be landed The Chamber, by 400 votes to

here, unless notice has been given 48 staff of the Imports and Exports 170. passed the Government bill

hours prior to vessel's arrival, but Department, for this provision the! rote is required. The remainder reorganising the coal industry and carried on from port to part, to the of the selling final port of call to which the option effecting control of the cost will be met from funds prices. The Government accepted extends supplied by the Association;

un

All claims against the vessel mugs be presented to the undersigned on or before the 5th prox

or they will not, be recognized.

an amendment. providing that 40 No claims will be admitted after Ex- (3) Telegrams, $8,500.

of the imported coal the Goods have left the Godown, and must be brought by French ships the 27 inst. will be subject to rent. penditure under this sub-head has per cent

all Goods remaining undelivered after been abnormal owing to the amount i

-Reuter. of telegraphic correspondence questions such as currency and salary levy, which are outside the jusual routine. Approximately $9,300 of the originally voted esti-

expended; it is hoped to keep with- in the $8,500 now requested.

(4) Incidental expenses, $600. It is explained that the depletion of this vote is attributable mainly

Cotton: The market is slow- ing down on expectations of a bearish weekly Government wea-K and K. Wharves $891⁄2 bmate of $10,000 has already been

Formga commige und General Banking Bather report. The Trade is taking Weather Sunset dhe dering sentrums opened and hand offerings at recessions. Deponde couered bar ona post of Bacche parzon conditions are slightly less far- Jourable. Offerings, towards the close, were less in evidence and a further rally is now expected.

BOUL. CATA3,

Manager.

HONG KONG BRANCH: 2. D Your Boad, Chosen.

Formaga Exomanga Depa, m

Cestic's (as m

— 10 CO

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 banking business transact-

COMMODITY PRICES

The following quotations have been received by Reuter

Pres. Yesterday Closing Closing

Current Accounts and Savings Ac-Spot

Fixed Deposits*re-New York Rubber: counts opened. Xinceived at rates which will be quoted July

[su_applications.

Escripton of Banking, and Exchange | bangun traslad Les graced on approved SOLEIL

Counte opened in. Lost Carmacy aca Fized Deposts revived for с shorter peciole 24 Locki and Farsige Currencie

учето

→ Meme which will be quoted on "application.

Baia Deposit Boxes To Lo

KAN TONG PO

Chist Manager.

Trusteeship & Executorship under-September takan. Safe Deposit Boxes for hire. October

December PHILIP GOCK CHIN

Chist Manager. January

March May

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE:

35, Oraonokarch. Sweet, London, ECA "Authorized Capital £3,000,000 Subscribed Capital.. 1,300,000 Paid-up Capital .... 1,050,000 Reserva Fund & East 1,247,830 BANKS:

The Bank of Engiod à Mičané Zark, Ltd

Karneti

BRASCHES:

Bangkok

Ipoh

Now Tark

Boedbey

kody

Calcutie Colombe

Guile

Koss ben

Padang Port Li

(Magestins)

Hook Tone Howrah

THE YOKOHAMA SPECIE BANK Co

LIMITED

Established 1989

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

Yen 129,150,000

Head Office: YOKOHAMA

Branches and Agencies xt

Alerančna

Bangkok

Katavia

Bartin

W

Calcutta

Bombay

Dairen (Daizy)

Koji

Naguaki Nagoya

New York

Paris

Fengtien (Mukden) Ein de Janeiro

Hamberg Hankow

Barbin

Hoat Kok

aking

Lendon

Los Angeles

Manis

San Francisco

Seattle

Semarang

Shanghai

Singapors

Sourabaya

Sydney

Tienzan Tokyo Tangtan Tingkuw

Interest allowed for-Current Ac coczta.

Deposits received for fxed periods at rates to be obtained on applica- Hon.

G. KISHINAMI

Manager.

Hong Kong, 3rd July, 1936.

THE

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)

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

$7,500,000. Capital Savings Dept, $500,000. Poserve Savings Dept. $600,000 Head Offer Shanghal

4. Bank having an Es mission the industrial development on China and the Zustering of haz commercial relations abroad.

6, Queer's Food Content Phone 21215.

Kuala Liple

Kuala Lumpur

Esajoon Shanghai

Karting (Pabang) Gimla. Madis

Sugapore

HONG KONG FRANCH. Every dription of Banking and Exchange Travellica Chaque formal.

89/90 sa.

H.K. and W. Docks $15 n. Providents (Old) $1.30 by $13

33

Providents (New) 20 cts. he Hong Kew $185 n.

New Engineering Sh$4 ' Shanghai Docks Sh.$85 a.

Mining

Kailan Mining Ad. 11/- 2. Langkats (Single) Sh.$5 1. S'hai Exploration Sh.S3 n. Shanghai Loans Sh n. Raubs $10

b.

BRITISH REVENUE RETURNS

Expenditure Up By £10,000,000

London, To-day.

All broken, chafed, and damaged Goods are to be left in the Godowns, where they will be examined on the [27th inst. at 10 a.m. by our surveyors- Messrs. Goddard & Douglas in the presence of Consignees concerned.

In the case of dutiable cargo, cone signees are requested to inform the The Exchequer returns show Imports and Exports Office that they

have such goods for examination. to refunds in respect of medical that the total ordinary revenue,] No Fire Insurance has been effectedb expenses incurred by Unpassed excluding self-balancing items. Bill of Lading will be countersiga. Cadets studying in Canton and to

- LLOYD TRIESTINO

Queen's Building.

COZ-

The

air mail charges in respect of an amounts to £159,678,131, compared ed by

with £168,713,456 at the corres- abnormal volume of urgent respondence during the first three ponding date of last year. months of this year. The balance total ordinary expenditure, exclu- of the original provision of $1,400 sive of self-balancing items, is amounted to only $113 at the end 235,356,814, compared with £225,- of May, and the amount now ask-746,765 at the corresponding date ed for is anticipated to cover ex-of 1935.-British Wireless Service penditure to the end of 1936;

(5) Lighting accounts for new market at Tsan Wan, $225. It is mentioned that the stalls in this

Benguet Exploration 33 cts. n. market are let, at present, for $647

Consolidated Mines .054

per month

The Items

Demonstrations' $1.40 b. $125/-$12,395.

New York Cotton: July

13.17

13.27

Venz: Goldfeld $4% b.

October

12.34

12.33

Antamoks $4.90 b., $4.92. sa.

December

12.24

12.33

Atoks $2 cts. b.

January March

12.21

12.31

Baguio Gold 35/37 cts. sa

12.24

12.30

Balatocs $2271⁄2 D

May

12.24

12.31

Benguet Consol $19.40

13.27

13.31

Bib Wedge 60 cts, a.

16.45 -

16.48

16:51

16.52

16.540 16.56m

1.40 83.

16.624

16.65

Ipo Gold 31 cts. n.

16.68n

16.673

Itogons $190 n.

16.691

16.73a

IXL $2.95 n..

16.75

16.80

Chicago Wheat; te

Northern Mining 40 cts. z

July

103%

1041⁄2

Paracale Gumaus 64 cts. sa.

September ..

1037%

103%

Salacots Mining 12 cts. n

December

104%

104

Chicago Corn:

San Mauricio $1.35 b., and sa. Suyoc Consol. 55 cts.

September

887%

December

78%

81%

United Paracales $1.22

22/1.24 82.

$1.

Winnipeg Wheat:

Lands Hotels, etc.

July October

94

932

HK and S. Hotels 34.60 b.

93

December

92%

92% 924

sa.

REICHSMARK QUOTATIONS

was

Berlin, to-day. The Reichsmark quoted yesterday without guarantee at: New York, 40.35; Amsterdam, 59.22; and London.) INTEREST #lamed on Gaztech Aecouum, an12.455. Paris quoted the Pound

Truston and Esscericestips undertakan. Fixed Depozitu of Raina that may be awaachokand on application.

7, Queen's Food, Cantemi.

Hong Long 36th July, 1986.

sterling at 75.91 to 75.94, and the US. dollar at 15.095 to 15.098.- Trans-Ocean Service.

THE

AMERICAN EXPRESS COMPANY

INC.

Incorporated with Limited Liability in USA.

REICHMARK TRAVELLERS

CHEQUES

ON SALE AT

ADVANTAGEOUS RATES

Office

No. 4, Des Voeux Road

Central

Masbate 90 cte. sa

Hong Kong, 21st July, 1936.

LOCAL NEWS BREVITIES

Firing will take place from the Lady Dorothea Hosie, widow altogether, total North-West beach of Stonecutters of the late Sir Alexander Hosie of Island on July 30, (or if postponed the China Consular Service and a- for any reason, on July 31) from cousin of Mr. L. B. Holmes, who is on the staff of Queen's College, arrived here, from Java yesterday.

IRON AND STEEL TRADE

Special Enquiry In Britain

Loaden, To-day. The terms_of_reference_of_the

enquiry into the iron and steel in- dustry, to be carried out by the and Import Duties Advisory Commit-

HK Lands $30 b. and sa. HK 4% Debentures 100% b. Shanghai Lands Sh$13 m Metropolitan Lands Sh. $10 m. Humphreys $8.55 1. HK. Realties $44 n Chinese Estates $80 a. China Realties Sh.4 China Debentures Sh.360 2.

Public Utilitsen H.K. Tramways $1160 b. Peak Trams (old) 6 1. Peak Trams (new) $23⁄41⁄4 n Star Ferries $90 s., $89/90 22. Yanmatí Ferries 19.20 b.

C. Lights (Old) $0.95 b., $10/-

95/11 sa.

C. Light (New) $7.80 b. B.K. Electrics $50% b. Macao Electrics $1834 Sandakan Lights $8.30 Telephones (old) $26.10 b. - Telephones (new) $834 n. China Bases Sh.3114 n. Singapore Tractions 32/6 z. Singapore Pref. 28/- 1

Industriais Malabon Sugars $91⁄2 b. Cald, Macg. (Ord) Sh$19 Cald, Macg. (Pref) Sh.$15. Canton Ices $134 - Cements $9.15-30. EK. Ropes $33⁄41⁄2 i

Stores, etc

Dairy Farms $20 b., $201⁄4 sa Watsons $3 h-

Lane, Crawfords $63% 2.

-- Mackintoshs $5 a. -

Sinceres 48 n. 1:

Wm. Fowell; 40 chai ni Wing On (EK) $50 n

Cotton Mills

7 pm to 11 p.m.

in the afternoon.

She

A cocktail party will be held by the sa. Tjfbadak, going on to- at the Kowloon Cricket Club next Canton Saturday evening, commencing at will rejoin the ship on Friday.. 7.15 pm. Dancing to Mr. Austin! Borthward bound.

Spary's music will be a feature off the entertainment

Lady Caldecott distributed the prizes at the bridge and mahjongg": The ss Ranchi is due here from drive of the Peak Branch of the Singapore at 7 am. next Friday. Ministering League, held at the

Mr. A. el Arculli pleaded not Peak Club on Monday, which re- tee, are given in a letter from the guilty on behalf of Ko Lo-chi, of salted in an addition of $300.50 to President of the Board of Trade No. 1, Lyndhurst Terrace, who the funds of the League. The prize- to 'Sir George May, published last was summoned before Mr. W.winners were: - Bridge Frau at the Central Magis- Gipperich (1); Madame Jusseraud Schofield night.

The Committee is to examine tracy, with issuing an, unstamped (2): Mrs. Cock (lowest score): the present position of the iron receipt for $25 to Chan Hon-pak, Mahjongg-Mrs. P. D. Wilson (1): on Mrs. Bell (2); Mrs. Westlake and steel industry, in the light of of No. 51A, Sing Wo Road,

all the data now available, and, March 28. The case was adjoun-[(lowest score). in so far as is practicable, to re-led to August 11 port, with due regard to the na-

tional interest, on the general Hong Kong rainfall for the 24 lines of its future development.-houra ending at 10 am. to-day was 10.04 inch. The total since Jannery British Wireless Service.

+

BRITISH TRADE WITH ITALY

Large Drop Shown

In Figures

1 has been 31.54 inches, against

an average of 48:35 inches.

SCIENCE LENGTHENS

SPAN OF LIFE

(Continued from Pega 6)

For the next few years, how-

A short service in memory of the late Dr. B. M. Gibson will be ever, the artificial heart is like held at 8 p.m. to-night in the ly to be of more use in the study Hop Yat Church, Bonham Road. of disease. It is now possible: The service will be in Chinese and to remove a diseased organ-a will be conducted by Rev. Cheung liver, say to keep it alive. Cank-ting. An invitation is given artificially, and to study the

ideal conditions. The effects of sanctions on Bri-to all who would like to be pre-progress of the disease under:

sert tish trade were the subject of a

Sach study, which permits:- Commons answer yesterday. The¦

A Dinner Dance will be held on the minutest observation, is- President of the Board of Trade, the Open Roof of Repulse Bay likely to throw a brilliant light: Mr. Walter Runciman, stated that

-and on many aspects of organic dis- Lido-weather permitting in the seven months

London, To-day.

December

of had weather to-day, at 9 pm

RAW RUBBER

n. 1935 to June 1936 the United at Repulse Bay Hotel in the event ease.

Kingdom exports to Italy, includ- ling re-exports, were value at

The results of the Hong Kong 5482,000 as compared with £6 University School Certificate Ex- 181,000 for the seven months. De-amination will be published to- cember 1934 to June 1935..

Ewo Cotton Sh$3 b. Shanghai. Cottons (old) Sh

$70 n.

Shanghai Cottons (new) Sh

Zoone Stags £1318 a. Wing On Textiles 8h.$25 m.

and Macellarcons Je Entertainments: 2.90 E B.-C. Enterprises $1.35 1. Macão "Greyhounds" $2 n.

MOTTOWE.

Buying Quotations From Ellis & Edgar

July 22 Last Price Change 28-15/16 28-15/16 Unc. 27-3/16 27- 3/16 ₺ 27-7/16 27- 7/18 27-11/16 27-11/16/

Mr. Runciman pointed out, how ever, that the change indicated by It has been reported to the Delivery these figures could not be attri-Police that, between 6.30 p.m. on Spot buted wholly to sanctions, nor was Monday and 5 pm yesterday, 0.0.

possible to estimate the effect

Chief entered the jsome "person of sanctions on British trade with Officer's cabin on board the 5.5. | other countries than Italy.Bri-President Lincoln, and opened a Latest Quotations From tish Wireless Service.

Constractions (old)$1% 2. Constructions (new) 30 ets. b. Vibro Piling $2 4.

Ch Govt 5% 1925 G$Bda, ke

90% band," say

H.K. Govt. 4% Loan 65% prem

EE Gost 33% Loan par Ö Wallace Harpers: $4 mi

flocked drawer from which was stolen a Mauser automatic pistol, No. 275406 of 25 calibre, and a

J.M.

Maricet Active.

Singapore

magazine containing seven rounda

Messrs. H. B. Joseph and

received the following

of 25 ammunition, property of the | have Dollar Steamship Company, and quotations in Strai valued at $90, and also a Savage from Singapore for Raw Rubber.

Spot automatic pistol, No. 243315 of

25 calibre, property of Mr. Roman L. Wank, Chief Officer, and also valued at $90.-

-Sept

273