1936-07-31 — Page 8

BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION

authorized Capital

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

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

insed and. Fally-Paid-up 20,000,000

Reserve Funda;--

Sterling.....$ 4,500,400

Hong Kong Currency

Reserve ....$10,000,000

THE CHINA MAH, FRIDAY, JULY 31:1936-

Commerce and

Finance

NEW YORK SHARE

MARKET

Fairly Steady Opening

LOCAL SHARE MARKET

TO-DAY'S QUOTATIONS

HEAD OFFICE: LONDON

Paid-up Capital

£3,000,000

Reserva Fund

£3,000,000

Reserve Liability. of Pro

Coserva Liability of Pro-

$20,000,000

prietors

$3,000,000

Agencies and Branches:

Aite Star

Dail

Rangoon "

Ampisar

Ipak

Bashok

Klang

Houby

Celestro

Canon

Kuala Lumpur. Kuntung

Б

Saigon Suzaang

Shang bancos

Mourabaya

local

PRICE MOVEMENTS NARROW to-day-

11

Masia

Taiping

Onions.

Muina

Exiphong

Baahom

New York Prising

Tangiak

(Pacing)

Padang

Barbia

HEAD OFFICE, HONG KONG..

BOARD OF DIRECTORS. Hon. Mr. J. J. Paterson. ~

Chem

G. Miskin Eaq.“

Deputy Chakanties, Hon. Mr. WH Bel, J.2. Masson Esq., čl

H. Compton Eaq. T. E Parcs Eng Mon. Mr. S. H. Dodwell,

1. A. Plammer Ers Hamburg

A. L. Shields Faq...tions Eng

Hon. Mr. K.T. Johnson,

- V. M. Grayburn, Esq.

Chant Manager.

AMOX

BANGKOK SUGAVIA BOMBAY CALOUTTA CASTOX LALPUR

BRANCHES

LONDON EXONA XALLOCA

حملة النها

CAB (Johor) ИСКРЕН

NEW YORK PELPING

PENANG

KANGOON

MAIGOS

FOOCHOW

KATHOKO

BAN FRANCISCU

NAGATAY

outtaa YA

HOMAUTO MANEUR SPWEBIN

HOMETT HALLO

1708

JON HE

KOFLOX

KUALA LUMPUR

SHANGHAI

SUNGE PATINI

THENISIN

VAIU

TSINGTAO YOKOHAMA

Opet Acomate speed in Local Currency wed Fixed Deponics red for one year or shorter perda in Lord Curemacy and backing on teroas be out of DEPUN BOLES in

date EAFT

terian Kam 40 LET.

Hang Long, 24th February, 1936.

HONG KONG SAVINGS BANK

The Busines of the ebore Bank, is conduct- ed by the HONG KONG AND SHANGHAI BAKKING CORPORATION.

Balan may be FOR THE BONG LONG AND SHANGHAI BAKKING CORPORATICK

V. GRATBURK,

Chief Manager. Hong Kong, 24th February, 1936.

THE BANK OF EAST ASIA, LTD.

Lasharanč Capita” —-—- Aday Caps

$ 50.300.000 Berre 604 Undivided Profilių 2006 GEN

HEAD OFFICEHONG KONG.

Das Four Bowd. Caca

BOARD OF DIRECTORS

Hon. Sir Shou-son Chow. Chairman.

-u]་

Zamboanga

The following was the list of!

issued share quotations

Banks.

H.K. Bank $1,590 a. cum. div. Messrs. White. Weld and Co.K. Bank (London) £99 n. ex.

pany, New York Correspondents:

for Messrs. S. E., Levy and Com pany, report:--

Stocks: The market to-day open- Forage Exchange and Gamesi. Banking_busted fairly steady and developed a Curries Account opened and Flied Depo steadier undertone towards the

† trazariad

Įreceived, but one year or shocker penols at zular) (which will be quoted on application.

The Bank's Feed Ones in London ander Fator and Trades Doslaves, and claims moovery of Brisiak Zone Taz compaid harms which may be manchained, at any of ite Agemoira and Branches.

close. Price movements, however, were rather narrow, but trading was on the heavy side. Though we anticipate some profit-taking sales, we do not think that any tech- Manager-nical reaction will be long sus- tained. Business, done: 1,510,000

A. BRBABLET,

Hong Kong, lat January, 1995..

shares.

Wheat: Canadian crop reports THE CHINA & SOUTH SEA 'BANK, are very pessimistic and are now

LIMITED

(Incorporated in China) Head Office...--Shanghai -

$7,500,000.00 -$2,500,00,00 Branche All Important Cities in

China

Capital Esserye

tansted.

Catre ad Gering Ansoante sprost and land Depone requien for one year or short periods are walk will be qu

1. CHING.

HONG KONG BRANCH:

Manager.

becoming a decidedly bullish in-!

An official forecast In- fluence. dicates no prospect of rain in the 56,- next 36 hours. Total sales: 248,000 bushels.

Corn: Newspapers give promin- erce to the statement by Secretary

进

Fonsign Basketge und General Barking Busi of Agriculture Henry Wallace that,

with good weather in the next 201 days, the corn yield may possibly total 1,750,000,000 bushels; there is no rain, the crop may possibly amount to only 1,200,000,- 000 bushels. The drought is pow definitely

eliminating. American, agricultural surpluses in excess of the normal esrry-over-

26. Das Varaz Sook, Gentle pu.. Manager's Offweg vanato Poreign Exchange Dept. mus Gnomes) Office San Casline's Offices

醒

THE WING ON BANK, LTD.

Head Office: Hong Kong

25. Des Voeux Road Central. Authorised Capital $10,000,000

Cotton: The market is technical- Ir healthier and should quickly respond to any bullish develop- ments. The weather in Oklahoma is still clear and hot. Schwabach: and Company estimates the grow- LONDON BANKERS:- Westminster Bank, Ltd.

ing crop at 11.831.000 bales and Foreign Exchange and every de-condition at 70.0 per cent. cripton of banking business transact-

normal

ed.

Current Accounts and Savings Ac- Fixed Deposits re-

La Ch Esq., P. K. Kwok Egons counts opened. YER TOGE 4 Chin Ching beka Lagu La Lan

£109

Bed Wong Chs Son, 204, and Las Tingceived at rates which will be quoted

Tac Tung Pc. Eng., Chast BawNG OUT...

The Fong. Engu Manugur.

BRANCHES AND AGENCIES !--

Pupling

Sakkos

wydany

Taboico

jon application.

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

PHILIP GOCKCHLY

Loans granted on appered highest points on the Island and Curreal Acepanse opened in Local Carency Mainland is published:- and Fized Deposite reouted for one your or skorter periods in Luni, mod Foreigs CONS

➡ sems which will be grated en applicatices.

Gala Depan Bazen Is Lo

KAN FOXG PO,

Chief Manage

of

COMMODITY PRICES

The following quotations have been received by Reuter-

Prev. Yesterday Closing Closing

div.

Chartered Bank $143% m. Mercantile Bank

£31 1..

A. and

R

Mercantile Bank C. £14 n. Bank of East Asia

Insurances

Canton Inz. $260, n. Union Ins. $547%1⁄2 b. China Underwriters $1 ..... China Fire Ins. $162 m. HK. Fire Ins. $250 n. International Assce. Sh.$31⁄4 n. Shipping

Douxlases $$6 11. HK Steamboats $34. b. Indo-Chinas. (Pre), $30.n. Indo-Chinas (Def.) $20 n. Shells. (Bearer) 101/3 n. Unior Waterboats $12 p.

Docks, etc.

HK. and K. Wharves $98 s. HK and W. Docks $15 8. Providents (Old) $1.45 & Providents (New) 20 cts. n. Hong Kew $135 .

New Engineering Sh.34 n. Shanghai Docks Sh.$85

Mining

Kailan Mining Ad $10/3 n. Langkats (Single) Sh45 n S'hai Exploration Sh.$3 m Shanghai Loans Sh$3. Ranhs $11

Venz: Goldfeld $41⁄4 b. Antamoks $5.36 sa- Ataks 87 cts. b.

"Baguio Gold $38/381⁄2 cts. 32.

Balatoes $24. Benguet Consol $2314 m. Benguet Exploration 37 eta

Big Wedge 65/63 cts. sa Consolidated Mines 51⁄2 cts. B. Demonstrations $1.58 by $1.52/

$1.60 x

1po Gold 31 cts. n. Itogons $2.40 b.

Herbert Marshall, Jean Arthur and Leo Carrillo are together

in the Columbia'production, "If You Could Only Cook," which is now being shown at the Alhambra Theatre.

"STAR" FERRY COMPANY

Interim Dividend Declared

LOCAL DOLLAR-

DECLINES

Silver Prices Steady

The local dollar has declined 1/16, opening on demand this The Directors of the "Star" morning at 1/2-18/162.

"Spot" silver

steady at Ferry Co., Ltd. have declared

Wat Interim Dividend of $2 per share 19-7/16, while "forward" for the half year ended June 30, firm at 19%1⁄2. 1996.

an

was

The London on New York cross- They report that the balance of rate was unchanged at S-US- the Company's Working Account $5.014, while the New York on ¡for that period was within $1.000 London cross-rate was quoted at of the balance for the first six £-U.S.85.01-11/16, as, compared months of 1935.

BRITISH TRADE

WITH ITALY

Discussions. Come To Nought

NO SATISFACTORY SCHEME

AREIVED, AT.

London, To-day.

The President of the Board of

with

U.S.$5.02-1/16.

RAW RUBBER

Market Stagnant.

Singapore

NEW ADVERTISEMENTS

THE "STAR" FERRY CO., LTD.

NOTICE TO SHAREHOLDERS.

NOTICE IS HEREBY GIVEN

that an Interim Dividend of $200 per Share has been declar jed. for the half year ended 30th JUNE 1986, payable on WEDNES- DAY 19th AUGUST 1936, which date Dividend Warrants may be obtained on application at the Office of the Company, Kow- lioon.

ס

to

The Register of Shares of the Company will be CLOSED from MONDAY 10th AUGUST TUESDAY 19th. AUGUST both- days inclusive.

By Order of the Board of Diree- tors.

F. EL. CRAPNELL,

Secretary. Hong Kong, 30th July, 1986.

US. BASEBALL RESULTS

Winford Too Good For Dodgers

TIGERS BEAT YANKEES

New York, To-day.

The following were the results

of yesterday's Major League Ease- |ball encounters:—

National League

R. H. E

Pittsburgh

5 11 Q

Buying Quotations From Ellis & Edgar.

Boston

3

9

Eleven innings were played.

St. Louis

7 12

Delivery

*

¡Spot

D

J./M. {A./3.

July 31 Last Price C. -26-11/16 26-11/16 Unc. Brooklyn

27- 1/16 27- 1/16 „27- 6/16 27- 5/16

Mize hit a homer.

0 4

3

*

Winford pitched.

|Chicago

+1

1 7

-27-11/16 27-11/16

Galan hit a homer, New York

3

6 I

5 is

€

Riggs hit a homer. Philadelphia

8 0

Hallahan pitched

following Cincinnatti currency Philadelphia

4

10

5

10

2

American League

9

2

7 13

Boston

3.

$

1

Cooke hit a homer. St. Louis

4 7 4

4.12

0

5 14 1

Ten in-

Messrs. H. B. Joseph. and Ca

received have

the in Straits quotations

Trade was questioned in the Latest Quotations From Cincinnati House of Commons yesterday on the trade with- Italy. Mr. Runci- "On the termina- han replied::

tion of sanctions His Majesty's discussions Government opened with the Italian Government for the resumption of Anglo-Italian from Singapore for Raw Rubber.

Buyers. trade. His Majesty's Government

Spot 2634 b. Down . regard it as essential that the ar-

Aug-Sept. 27 b.. Unchanged. rangements to be made. should

Oct-Dec. 27% b. Down %. provide for a settlement of the

Jan-March 27% b. Down Ya- foutstanding trade debts, and they

Market:-Quiet. could not contemplate, even a tem-i porary arrangement which did not include such provisions.

IX.L. 53.10. b. Masbate $1 the Northern Mining 38 cts. 52. Paracale Gumaus 72 cta. sân Salacots Mining 12 cts. n... San Mauricio $2.30/220 az Sayoe Consol. 58/59 cts. za. United Paracales $148/1.60. sa

Lands, Hotels, etc.

HK and S. Hotels $5.10 s. H.K. Lands $3314 n. HK 4 Debentures 105% b. Shanghai Lands Sh.$13- n.. Metropolitan Lands: Sh. $10 Humphreys $8.85 . HK Realties 84% Chinese Estates- $80 n.

·China Realties. Sh.$4 1′′ China Debentures Sh.$60:mhe

Massartan

Sepang

Chief Manager.

Bombay

abanghai

New York

Umaka

Sourahay

New York Cotton: October

12.06

* 12.10

Hapbook Fastere Recita

Pacia

HONG KONG HEIGHTS

December

12.03

12.07

January

12.00

12.05

Kangoon

Tokyo

March

12.01

12.06

Sea Francisco

Yanopu var Yokohama

For the information of visitors

May

12.01

12.06

the following list of some of the

I descdpion of Dowling and Exchangy

July

11.97

12.02

zmčiad

Spot

12.80

12.84

New York Rubber:

ISLAND

September

16.48a

16.42a

Feet

October

16.500

16.44m

Victoria Peak

1,823

December

16.58

Signal Station

1,774

January

Mt. Parker

1,734

March

1,725

May

16.52 16.6in. 16.550 16.68a. 16.63 16.77 16.72

LIMITED

The Eyrie

1,725

Chicago Wheat:

Peak Hotel

1,305

September

108

Established 1880

Mt. Davis

877

December

109/2

110% 111

Capital (full paid-up). Ten 100,000,000 |

e.129,150,000 Eserve Fund

Bowen Road (filterbeds)

297

May

11034

1124

Chicago Com: ~~

MAINLAND

September

94%

98b

FeetDecember

8634

90%b

Taimoshan Kowloon Peak

8,124 Winnipeg Wheat: 1,971 July

October December

102 98% 97% 994 98%* 973

s. and s Peak Trams (old) 61⁄2 h Peak Trams (new) $2 p Star Ferries $90 3

C. Lights (Old) $11.70 s, $113⁄4%.

$2.

C. Light (New) $8% 3.

THE YOKOHAMA SPECIE BANK Mountain Lodge

Head Office: YOKOHAMA Branches and Agencies at

Bangkok

Mais

Batavia

Berlin

Bozbey

Naganki

Nagoya

New York Optix Paris Peiping (Daing) Rangoon Fengtien (Mukden) Rio de Janeiro

Calcatta Canton

Hamburg

Hankow

Hons Kong Honuiuilu Brinking Karschi

Kobe

London

San Francisco

Seattle Sentang Singapors

Shanghai

Souzabaya Sydney

"

Tientsin Tokyo Los Angeles...

Tsingtan Manila

Simpkow Interest allowed for Current Ac

E

Deposits received for £xed perioda

at rates-to-be obtained on

cice.

applica

G. KISHINAMI,

Hong Kong, 3rd July, 1926.

THE

SHANGHAI COMMERCIAL &

SAVINGS BANK LIMITED (Incorporated in China)

Capital paid

Reserves

Capital Saving

Reserve Say

the

Ching

Head

A World-Wide Organization of Offices.

the Reason why American Express TRAVEL SERVICE & TRAVELERS CHEQUES have become the twin necessities of every international journey. The Travel Service includes issue of tickets by rail, sea, air and road, reservation of hotel accommodation, arrangement of tours by rail and private car, bookings for cruises, courier and interpreter service, mail service and visitors' reading and writing rooms. The Travelers Cheques provides ready money in a form safe to carry, being issued in convenient amounts and accepted everywhere- value refunded if lost. uncountersigned. BANKING & SHIPPING

These services are offered by the principal offices, including foreign exchange, transfer of funds by mail and telegraph, opening of, deposit and current accounts, issue of Travelers' Letters of Credit and ́other international banking trans- actions; · shipment of merchan- dise, baggage, securities and

väluables (through rates....

quoted through bills, of iading-issued) · house- "hold removals, storage and ware- housing: Customs

YOKOHAMA

PEIPING

TIENTSIN

SHANGHAI MANILA

clearances

SINGAPORE

COLOMBO CALCUTTA BOMBAY -

THE AMERICAN EXPRESS CO. ING. corporated with Limited Liability in USA.

Yoeur Boad, Central,

HONG KONGA

General Foreign Agents for the New York Central Eailroad Syst

-

Public Utilities:- HK Tramways $11.35 b., $11%

**I regret to state that the Ita- lian Government were not willing

to accept any arrangement in re gard to trade debts which His Ma- jesty's Government could regard The negotiations as adequate. have been temporarily suspend- fed."

Philadelphia

Bob Johnson hit a homer. Chicago

INTERIM DIVIDEND New York

DECLARED

HK: Land Investment And Agency Co., Ltd.

Detroit

"Gehringer hit a homer. nings were played.

Washington

Stone hit a homer. Cleveland

8 12

2.

.11 14 0

At a Meeting held at noon to- Hal Trosky (2), Hall, Campbell day, the Board of Directors of land Brown hit homers.

Mr. Runciman went on to ex-the Hong Kong Land Investment, plain that, as a result of the work-& Agency Co., Ltd., declared an ing of the severe restrictions im- Interim Dividend of $1 per Share

posed by the Italian Government for the six months ended June 30, on imports from the United King-[1936. dom and regulations regarding

-Reuter

LARGE MINING DIVIDENDS

payment for exports from Italy. BARON OKURA IN Impressive Figures

Buch exports to the United King dom, other than fresh fruit or ve getables, cannot be effected-Bri- tish Wireless Service.

Yaumati Ferries $20 b. and 32 ANGLO-SOVIET

EK. Electrics $52% b.

Sandakan Lights $8.30 z Macao Electrics $20 sa. Telephones (Old) - $26.60 b. Telephones (new) $8 b.. China Bases Sh$114 n Singapore Tractions $29 n Singapore Pref. 28/-

Industrials-

a

Malabon Sugars 191⁄2 b. : Cald., Macy. (Ord) Sh$191⁄2 Cald, Macz. (Pref.) Sh.$15 Camton Tees $21. Cements $914 b. HK. Roper $634 0.

Stores, etc. Dairy Farma $201⁄2 2 Watsons $3.60 b. and sa. Lane, Crawfords $53⁄41⁄2 'n Mackintoshe $5 m Sinceres $3-12/

Wm. Powells 40 eta. n.-. *Wing On (HK) $50 1:

Cotton-Milia

Ewo Cotton Sh‡8 m. Shanghai Cottons. (old)

$70 ́n Shanghai Cottona:: (new)

$391⁄2 11.

Zoong Sings

$18.

Wing On-Tertios: Sh:$25-mi

**MiscellanBÖRJAR NU Entertainments: $24

B. C. Enterprises $1.35/2. Macao “Greyhounds”: $2.

· Constractions (old) $13%

Sh

TRADE

£10,000,000 Purchases From Britain

Loudon, To-day.

CANADA

Trade Ties Across The Pacific

Bank

From Canada

Toronto.

The Financial Post estimates that $75,000,000 will have been paid in dividends by Canadian mines during 1936 by the end of

Growing trade relations between the year. Canada and Japan tozd inevitably Up to the end of June slightly to strengthen the bonds of peace over $40,000,000 had been paid or and friendship between the tyro declared in dividends, compared countries, in the opinion of Baron with $59,000,000 during the whole 3 Okura. who, with Baroness of 1935,

An important Anglo-Soviet Okure and their party, has passed In the last year or so there has credit agreement was announc-through Canada on his way to been a big boom in Canadian min- ed by the President of the London and the Continent, ing. Many new mines are being Board of Trade, Mr. Walter

"Japan is following the natural developed and for the second year. Runciman, in the House of course of trade in her dealings in succession the Dominion Gov- Commons yesterday,-

under with Canada," said the Baron.ernment is preparing to launch a

L which the Soviets guarantee to in extensive buying of your raw scientific survey of mining areas place orders worth $10,000,000 materials to be used in our rapid-by means of geological parties... with Britain within 12 months.15 expeading manufacturing in-Renter.

The Export Credits Guarantee ldastries thence to be exported

Department has undertaken to further west and south. My peo CANNED ORANGES make arrangements to enableple are clever with their

hands

the Soviets to pay prompt cash and are gifted in producing for

(to exporters.

extensive markets elsewhere goods The Soviet Government will that find a ready sale

Jissue five-year negotiable notes bearing 514 per cent interest,

Barter System7

the principal and interest of “We are setting up da "system" which will be guaranteed by resembling barter with

Canada,

FROM JAPAN

First Shipment Reaches Canada

Montreal

the Export Credits Depart-whereby we are naturally streng- For the first time, in the his- ment The orders will not in-thening the friendly relations be-tory of the port of Montreal, # Shjclude war material-Reuter.

tween the two countries."

cargo of Japanese canned oranges Baron Okura is owner of the has reached here. Imperial Hotel at Tokyo" and Several hundred cases of an Constructions (new) 20 cts. b. "stands spotsor for any other experimental shipment · arrived

modern Vibro Piling $2 12

hostelries throughout here in the steamer Bonnington. Ca. Govt 5% 1925 G$Bde.

Japan. “Hotels are my hobby, Coart from Shizmidzu (Japan). just as other men build country The same ship also brought ER. Goyt, 4% Loan 8% prem homes, he said

tuna fish fakes from the Far The Baron was much impressed] East tea, toys, porcelain and by, the high standard of Canadian) thousands of Zeet of lumber. hotels-Beuter

Eenter:

91% 1.

HE. Gort 842%

Wallner Hampers:Min«