1936-07-28 — Page 8

BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION

Asthomsed Caputal

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

$50,000,003 | Incorporated by Royal Charter, 1853.

issued and Fully-Paid-up 20,000,000; deserve Funds:-

Sterling ......$ 4,500,000 Hong Kong Currency

Eeserve ...-$10,000,000

Koserve Liability of Pro-

aristors

THE CHINA MAIL, TUESDAY, JULY 28, 1936.

and

Commerce

Finance

TO-DAY'S QUOTATIONS

HEAD OFFICE: LONDON

Paid-up Capital

£3,000,000

SHARE MARKET

Esservs Fund .......

$3,000,000

„$20,000,000)

|Beserva ›Liability of Pro-

"prietors

$3,000,000

Agencies and Branches:

| Alor Star A=1100

Bala

Banycos

Epok

Segon

gkok

Karabi

Semarang

Belaria Homber

Alang

Berenban

Keba

Shanghai

Calmatia Ca

MHAD OFFICE: HONG XONG. SKLAND OF DIRECTOR. Hon. Mr. J. J. Paterson.

G. Miskin Esqu

K. WH. Bell, J.K. Masson Esq., Campan H. Compton Esq, T. E. Pearce ESG-Combe Mos. Mr. & H. Dodwell,

Delhi

J. A. Plummer Eag, fai

Hon. Mr. M. I. Johnson,

| Gaspaong "Hamburg Hankow

A. L. Shields Eag, Barbin

Нови Какв

V. M. Crayburn, Esq.

ANDI BALUX

MUMBAY

LALITA CANTUA FINKYUR

HALKKK JVULZUW FULYAUNG

BLANKUM MANSIO

روزیانمان

يصل السلم

L'uti

KUWAOUN

Shaka bud

Gimani Maungat.

BLANCRES

LONDON.

MALAUGA

Mohorj

كبير للطنا

NEWTURE

P

BENUDON

at j

DAN FRANCISCO

TYRAKTAR

SUU KAKA za

SUPRA PLAANI TIKA INS

20110

TSINUTAU

IUSUBASA

Cute Ale pound to look Listwcy mid foton for the year HENTIAN

metade

Hong Kong, 26th February, 1986.

HONG KONG SAVINGS BANK

The Buous who above Bad as upadaos gaz ve kudu AUNG AND SKADUNAL MANAINU LUBUKABUM

Madzību tuAPURAJIMA,

الاصلية مسلسلات

1. A. GRAYBUNA,

Cased manger-

Hong Boug, 44th February, 1936.

THE BANK UN EAST ASIA, LTD.

Asidences Capusa

Denera a base Pro

#26), 51030, WAS IN 2016,MAX

HEAN OFFICE-KUNG KONG. A Day &gs Hout, Cenarmi Busab ur uIRECTORS Z

Hoa, Sir Saou-sun Chow, Chairman. A Book Clue top & b. Avok, k

dong, that Nhưng ch, kogu kui ha

with pole by som

Las Tung 1't, zag., "Úbist, Maangat- It's tour, koju Magu BRANCHES Aað AGENCLES ---

Destile Docketing

Mainkona

PLUS

Save

عطين الامام

ية

bourabaya

Tari

by Lany

Family Coll

• Jenasin

ERDENE

Tokyo

Fanon?

IoMohame

Every desplomu Banking and Ezokog

kanna gręžied on approved Braunes KEROSION.

Our-poste ved in. Loval Cartonaj and: Przed Japonia Famed for one year or andese pacote in Love and Farages Caztencias w seems which will be quoted on application

-Cute Dogcast bow to Lo

LAN TONG PO

Kuala Lumpur Dingapore

Smoking

Madewe

BAZAR WED

Scareia.y

Mana

Imping

New York

Tongkat

(Phuket)

Zaingloo

Farang

Yokobama

Foreign kachangs and Gunscal Backing basismas

KERAMBOLIČN

LILITERS 400Die opened and Fixed Deponatu reaved 106 DEN 2002 or shorter pacioda si rač which will be quoted an appisostion.

معينة

The Bank's Kind Ofoe in London undertaken Executor and Zhrastam busammen, and DRUGIMAT ot Erisiah Anctume Tas overpaud, · on Sarma which may be ascarialaed at any of LA (ingencias and, ist unchurch

A. BEBARLEY,

Manager. Hong Kong, 1st January, 1935.

įTHE CHINA & SOUTH SEA BANK, LIMITED

(Incorporated in China) Head Office-Shanghai Capital

$7,500,000,00 Reserve

$1,500,500.00 Branches-mål! Important Cimes

Formiga Szomungy and Gunmen) Banking“ Boninose

Standa

„Goreman" gand sering koorgate opened and Fixed Deposun zoomeved she can yie de socise prosús d then Whach will be quased on sDJAKOBSSON.

Yissager

HONG KONG BULKOR.. 3. Der Vinux Bond. Casara.. Manager's UmOR, wer

Porno Kakangs Dept, summertteman Comal Con

**

OVER *****

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-

Current Accounts and Savings Ac- counts opened. Fixed Deposits 29- carved as rate which will be quoted |on_.application.

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

PHILIP GOCKCHIN

Chief Maunger.

THE |AMERICAN EXPRESS COMPANY, INC.

Incorporated with Limited Liability in USA

Hoad Osco: 65, Broadway, New York

Chal Manager.

Capital Surplus Beserves

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1889

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

Head Office: YOKOHAMA

Branches and Agašties st

Alexandris

Bangkok

Batavia

Beclin

Bombay

Calcutta

Canton

(Dalny)

Moti Nagasaki Nagoya New York

Osaics

Felping Rangoon

Pass (Mukden) Kio de Imeiro

Hamburg

Hankow

Harbin

Hey Kong Honolulu Brinking Karachi

Angaies

San Francisco

Semarang

Shanghai

Sings pore Bydney *Tientsin

Sourabaya

Tokyo

Man allowed for

Cquinta.

Current

Ab

Deposits received for fized perioda at rates, to be obtained on applies-

G. KISHINAMIT

Manager.

Hong Kong, 3rd July, 1825

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED-.

Carported in China)222-' Capital paid up

Savings Dept

DA Bank having as its

China-and. th

U.S.$6,000,000.00 2,260,364.38

BRANCHES.

Bavana Hamburg

The following was the list of

share

issued local

quotations to-day-

Banks

H.K. Bank $1,590 b. cum. div. H.K. Bank (London) 198 mes

div.

Chartered Bank $141⁄2 n.

Bank A. and

Mercantile

£31 n Mercantile Bank C. 414 n. Bank of East Asia $79 n.

Insurances

Canton Ins.. $260 m Union Ins $547 b... $550 sa. China Underwriters $1 n China Fire Ina. $462 n. H.A. Fire Ins. $250 n. International Assce. Sh.3

Shipping

Douglases $36 ¤. H.K. Steamboats $24 b Indo-Chinas (Pre£), $30 1. Indo Chinas (Def) $20 n. Shells (Bearer) $100/7 n. Union Waterboats $12 n.

Docks, etc.

IL

HK. and K. Wharves $98 b. HK and W. Docks $15 3. Providents (Old) $1.70 b.,

70/13% sa Providents (New) 20 cts. I. . Hong Kew $185 m

New Engineering SH34 n. Shanghai Docks Sh.$85 n.

Mining

Kailan Mining Ad 11/- n. Langkats (Single) Ships . S'hai Exploration Sh.$S 1. Shanghai Loans Sh.$3 a.. Raubs $111⁄2 IL. Venz: Goldfield $4 b. Antamoks $5

NEW YORK SHARE MARKET Averages At New High Levels

FURTHER STRENGTH

SUGGESTED

Mesara, White, Weld and Com-] pagy, New York Correspondents | for Messrs. S. E. Levy and Com- pany, report:-----

Stock:--Constructive week-end | news and the continuance of good: earnings" reports have pushed Dow Jones averages, to new high) levels. This suggests further strength, but we believe that a technical reaction

is overdue. Business done: 1,830,000 shares.

Cotton:--Expectation of rain 'in Oklahoma caused liquidation. We jexpect the market to be more sen-1 sitive to weather conditions. We would adhere to the long-side and we advise purchases, especially on recessions. Important speculative | buying is reported to have : re- entered the market, whilst the Trade has been a good buyer. The mills markets are uneasy.

Rubber: Arrivals are small whilst July and August consump $1-tion is promising. We would accumulate on setbacks. Total sales: 570 tons.

Atoks 80 cts. b. Baguio Gold $8 cts. b. Balatocs $24 b. Benguet Consol $261⁄2 b. Benguet Exploration 35 cta. 5a. Big Wedge 60 cts: 82. Consolidated Mines 5%1⁄2 cts. I. Demonstrations $1.45 b., $145

Ipo Gold 31 cts. n. Itogons $2 b. LXL. $2.90 b. Masbate $1 by 97 cts/1.02 sa.. Northern Mining 36 cts. n. Paracale Gumans 65 cts. 11. Salacota Mining 12 cts. D. San Mauricio $160 b, $1.58/-|

160 82-

Lands, Hotzis, etc..

Haplos

kuacha Priping Mostardam.

Bouwplom Singapore

Chinese Estates $30. n. China Realties. Sh.34.

China Debentures: Sh.360 n.

Public Utilities.... HK Tramways $1215 m. Peak Trams (old). 63⁄41⁄2.12. Peak Trams (new) $23⁄4 n.

Antiwary

The Flag

Athama”

Beale

Bombed

Betons

Calouste

Selgebe Supenhagen Dublin Edinborgh

Greens Grenos

Liverpool

Закарьов

Marvelling Massa Cala

Vanda Yokcolama. Zarisk

Star Ferries $90 m

Yaumati Ferries $19.80 b.

Mot

Reports from Rome stated that Premier, Mussolini's daughter' Anna Mariz, aged six, seen above with her favourite pet, was the victim of an acute attack of infantile paralysis. She was reported gravely ill at Il Duce's summer home, the Villa Braschi. Tivoli, She has, however, since recovered.

}

H.K. WHOLESALE PRICES

STATISTICAL OFFICE ISSUES STATEMENT

NEW ADVERTISEMENTS

PUBLIC AUCTION.

T

THE Undersigned have received· instructions to sell by Public Auction

Tuesday, the 4th August, 1936 commencing at 10.30 a-m.

at No. 295 The Peak

A Quantity of

VALUABLE HOUSEHOLD

FURNITURE

On View from Monday, the 3rd.. August, 1936,

Terms: Cash on Delivery. LAMMERT BROS.

Auctioneers.

Hong Kong, July 28th, 1936.

CHARGE AGAINST LOCAL SOLICITOR

[Continued from Page S)

Counsel submitted that if his client had written those loosely. worded letters, knowing that there- was something wrong and that subsequently they might be the subject of an enquiry, he would have taken greater care in their composition, but Counsel submit- ted that they were quite open and that it was obvious that the res- pondent had a perfectly bona fide belief that he was coming out to the Colony to join a firm of solici tors.

Difficult Position

The respondent had been invit- led by one of the unqualified per- fsone to return to the Colony as jone of the partners of the firm had Wheat:-The Commodity Re

died and, after giving notice to search believes that the price out-

his employers in England, receiv- look for heat is the most favour-

ed a further notification to the able in recent years and expects

jeffect that the man had not died, higher markets as hedge pressure

placing him in a very difficult is lightening. While we general-]

position. Counsel submitted that. ly share this view, we would pre-

the letters were perfectly correct fer to accept a portion of pro

and that there was no secrecy at fits on bulges and reinstate on The following index numbers of wholesale prices for the se- all in the matter.

Referring to reactions. The carry-over of Cana-cond quarter of 1936, as compared with the first quarter of 1936,

the grounds for dian wheat is about 120,000,000 the corresponding periods for 1935, and the years 1931, 1934 and the motion, Mr. D'Almada asked. Present prospects point 1935, have been issued by the Statistical Office. They are based Their Lordships to consider whe- to a further deterioration of the on declarations of quantities and values furnished to the Statisti-ther the respondent's conduct 10 wheat crops.

The peak of the cal Office of the Imports and Exports Department by Hong Kong years ago, was such, as to merit Winter movement is believed to importers and exporters. have passed and world supplies | continue to decrease. We would Total sales:

bushels.

advise purchases. 19,117,000 bushels.-

Flash: Steel mill activity dur- ing the past week totalled 71.5 per |cent. of capacity as compared with (70.9 per cent the previous week.

COMMODITY PRICES

Foodstuffs Textiles

Metals and Minerals

Miscellaneous

Average:

Beet

The following quotations have Beans been received by Reuter-

Prev. Yesterday Eggs Closing Closing

Potatoes

Poultry

135.8

1922-100

1931 144.3

1934 1935

94385.4

1st Qr. 2nd Qr. 1st Qr. 1935 1935 1936

854 80.5 109,1

2nd Qr.

1936

113.3

86.9 74.2 78.9 72.9 95.7 140.9 97.4 79.8 $3.7 73.6 101.9 1254 89.5

71.2

·72.3 78.2

88.8

136.5 915 77.9 81.5 740 $8.9 INDIVIDUAL AVERAGES

99.5

106:5

89.1

102.1

FOODSTUFFS

1st Qr. 2nd Qr. 1st Qr. 1931 1934 1935 1935 1935 1936 1309 X3.9 78.7 87.0 73.1 106.9 213:0 1213 128.0 113.0 1025 181.5 86.0 73.6 72.0 57.3 97.3 75.8 66.3 $5.058.7 $2.4

2nd Qt.

the punishment which the appli-- cant in this case was asking Their Lordships to inflict.

Counsel submitted that in judg- ing the respondeat, Their Lord- ships would have to take into con- sideration his client's conduct

this- during the interval, and in respect he submitted that there was nothing to suggest dishonesty for secrecy.

- Anxious Time Mr. D'Almada submitted that his client had gone through a very janxious time during these last.

19:36 118.8 133.3

$2.7 four or five months, the period 98.5 during which the investigations 100.0

were being made, and that, în 293.5

spite of the fact that the Press- 108.5

had been asked not to publish the 106

respondent, Hong- name of the 187.9

946 Kong being such a small place his The name was already known.

816

Suyoc Consol 55 cts..b. United Paracales $1.43 b..

HK

and S. Hotels. $5.20 b., New York Cotton: $5.10/5 st.

Flour (Wheat)

Salt Fish

1140 125.9 137.1 113.9

Fruits, Fresh

October

12.50

12.45

Lard

HK Lands $3374 b.

December

12.40

12.34

Milk (Condensed)

897,612.65

HK. 4% Debentures 103% b.

January

12.29.

12.37

Matton

Shanghai Lands Sh.$13

March

12:41

12.37

Onions

Metropolitan Lands. Sh. 810 May

12.39

12.35

Peanut Oil

-Humphreys $871⁄2 hi

Pork

1317 110.0 103.3 305.7 2330 2015 165.4 23.2. 188.1 138.0 785 82.7 87.8 754 1014 185.2 1379 1114 108.2 107.8 1149 97.0 162.1 173.9 143.2 116.7 121.2 1411 $3.8 48.8 54.9 49.3 114.8 117.1 7$1 84,7 92.5

73.5 113.8 1238 87.3 77.3 75.8 76.7 95.0

12.5

37.5

July

12.320

103.0 71.9

60.4, 59.3

60.7

93,2

104.9

HK Realties. $4.40 h..

Spot New York Rubber: July

13.30 13.23

176.2 88.8

86.1

85.3 SLO

96.2

86.5

September

∙16.29. 16.342 16.320 16.40a

October

December

16.351 16.40n 16.42 1649

Rice (Broken) Rice (White) Sugar (Baw} Vegetables (Dried etc.) Vermicelli

125.1

66.1

68.6

69.9

68.6

88.7

100.0

.

1392

72.2

714 69.3

66.8 26.5

101A

99.0

60.5 64.3 654

43.2

42.1 39.3

79.5

: 72.6

45.6 66.0 49.9 56.1

45.0

120,2 66.0 63.3 65.3

60.0 81.3.

-16.450 16.51m

TEXTILES

16.52

16.59

Cotton Yarn

May

16.62

16.67

Cotton (Dyed Plain)

141.4 94.8

81.4 86.2 77.1 56.3 57.2 62.3

12.5 1041

52.1 66.7

Chicago Wheat:

Italians Dyed Figured,

:103.

1042

Plain).3.

87.5

SL6

September

103%

305.

Shirtings (White 40/43

December

yds.)

104

106%

Hemp (Manila)

27.5 519 116.9

57.3 45.7

39.9 47.0

94.2

58.7

344

47.8

£5.0

64.7

67A 474

39.9 135.1

130.8

Chicago Corm:

-

2911 183.9

September

88%

90%

Hessian Cloth

64.9

624

December

SLY

83

85.2 63.4

Winnipeg Wheet:

Sitse Yarn: (Art.)..

45.1

30.0

99

94/2

Blankets (Wool and

94%..

Union)

Flannels

1478. 191.1 122.2 206.7 72.2 434 344 47.5 56.4 59.6 54.2" 609 19.8. 25.6. 16.4

20.1

15605 967

74.9 352.4 175.2 203.6 2173

1711

10033

*61.2

►

19.1

73.5 105.3 238.4 2417

December

93%

Suitings and Tweeds

::(Woollen).

96.0

42:5

.535

57.5

Brass Sheets

Branches of American Express: Company in Principal cities of United [States of America, aad- Canada.

"X71 classor of Commercial Banking Transactions undertaken.

Persočini investment accounts hand-| Lied

The Company offers to intending Travellers the use of its "Izayakara Chegues" and Letters of Credit and, in -- addition, the world-wide services |cf-~ita - thoroughly equipped Travel

Department

C. H. BENSON,

General: Managez

January

March

C Lights (Old) -$11.90 b., $IL-July

95/12 sa.

C. Light (New) #8% 5. H.K. Electrics $5234-h., $52/52

Macao: Electrics $19 b. Sandakan-Lights-$3.20 m Telephones (old)~$26.80 n. Telephones (new) #8% b China Buses Sh 114 .. Singapore Tractions 32/6 a Singapore Pre£ ̈28/- 1.

Sejenis Industrials

: Malabon Sugars $91⁄2 b.

· Cald., Macg. (Ord) Sh$191⁄2 n. |--Cald. Macg. (Pref.) Sk$15 2.

.: Canton Ices $2′b.

1.Cements $9.70. b. 200

www.

-

LOCAL DOLLAR

STEADYnares.

Silver Prices Fall

14

H.K. Ropes $34*.

12% Stores, etc.

· · Dairy Farms $20% n.

* Watsons $3,40 303

*Lane, Crawfords $8% n.

Mackintoshs 35. 21. 27 Sifteros $3 #

The local dollar is deady, open- Wm. Fowells 40 éta. m

ing on demand. this morning}/>Wing-Ow>(HK) - $50-n 22-1/2-15/162.

*Spot" silver fell % to 19-9/16, while “forward” also declined to-19-8/16/xct.

"Ewo Cotton Sh 33 ins

Shanghai Cottons/**/(old)

"The London on New York cross, Shanghai Cottons - (new) -SL rate was quoted at £ US$5.01341391⁄2 p

as, compared with 2—

while the New York.

Zoong Sings £1338

ainment

July

[October

93. 92%

RAW R

RUBBER

Gunny Bags

Silk Piece Goods

Latest Quotations From Yellow Metal

#Sheathing....

Singapore 7 Col

91.5

443 53.8 METALS AND MINERALS

86.8 572 722 637 75.0

159.5 869 119.3

1271

325

$3.9

· 112.3 -- $37

73.5 73.9 619 100 23.11. £10

-789 17.819

71285.9 65.5.107.6

116.5 1018

62.6 13.3

524 86.2

102.2

applicant was asking Their Lord- ships to strike from the Rolls - solicitor, which meant kis utter

rbán.

27 Counsel submitted that as alternative to such punishment, îf his client's action did warrant such, Their Lordships had the "al- bernative of suspending him for a 52.2 definite period, in which case the respondent would be given the opportunity of rehabilitating him self. This would not mean that. he would have to be reinstated. but would automatically

66.7

back into practice at the end of the period of his suspension.

Counsel submitted that "the 109.8 gravity of the charges against, the, 2789 respondent required a greater de

gree of truth, and submitted that the applicants had failed to obtain. this and had failed to prove their 847 case, therefore the motion must

Kail 106.9

•105.4

Mr. Sheldon's Reply

Mr. Sheldon made a very short reply, in which he stated that 174.9Their Lordships would have to

873

Iron and Steel Plates. 1919. 1426 1222", 120.5" 108.17 34 180.2 11ook for the real constraction of

Iron and Steel Bars Iron and Steel Nails Messrs. H. B. Joseph and Ca

received Įhave

the following Lead (Pig) quotations in Straits currency Kerosene from Singapore for Baw Rubber Oil Fuel

Buyers.***

Lubricating Of Petrol .26% Up

Tia

27 Up 27% Up 3 Cement

Spot Aug/Sept.

Oct/Dec.

Jany Karch

Market:Plezier.

Macao "Greyhounds” 22 m. Constructions=(old)?•$13⁄41⁄2 «m. S Contractiona" (new) 30-eta, "b #Fibro-Piling 32

V

-Ch:- Gövt2: 556% 1925′′ G5Bda. **

HK Gort 4% Loan 8% prem.

#BAKEROTÉ SI% Loan parti

Charenal Feather (Duck) Pitiwood Hardwoods Hos (C Hides

Saltpetre:

twoods

ELD 145.6 76:5-65.0 327297291 - 32.3 38.6

150.8 82.0 1027 2120 145.3 1965 137.9-1062 1383. 683. $131.8 810

87.5 28.9 19.8 22.2 182 302 177A2083 168.0 1817 156.3 203.8

MISCELLANEOUS

-718 458 428 43.7 38.0 -436-383213

415 the agreements. As for the ques 145.2

tion of a lapse of 10 years, the 36.2 Law Socisty bad acted immediate- 194.8ly upon making the decision as to what they thought was their duty.

Judgment, was reserved sine dia.:

REICHSHARK QUOTATIONS

Berlin To

The Reichz mark was quoted yesterday at

gumented='st: New York;" 40.28: Paris 609.25) Amsterdam,

33.4 23.2.20 16437 10227. A 90,1 99.7895–1065~8~- 111.1 114.50-929 30.6 -90.8 819 : 763 727 553 ELBLA 192.3 143.0 119.3 1258 96.0182 1853 1926 242 950

1219 921 1254 115:2 125.7 -99.2 73.5

-98.6 83.8 084 821

1202-4213.0

67.8 88.5304

85.7 106.280.2 110.11081159225 and, London, 1247 Paris -99 || 743 366132003 98quoted the found sterlin

919 18.0-871772 $1062299,0

556 65.0 55. 135.0

36.2 651 565 525-58.8