1936-09-09 — Page 7

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

....$50,000,000 | Incorporated by Royal Charter, 1953.

insued and Fully-Paid-up, 20,000,000 Keserve Funds:—

Steding....£ 6,500,000

Hong Kong Currency

Reserv******

BOARD OF DIRECTORS.

HEAD OFFICE: LONDON

THE CHINA MAIL, WEDNESDAY, SEPTEMBER 9, 1936

-MEIN-

Local Share Market ADVERTISEMENTS

LOCAL DOLLAR STEADY

Silver Prices Rise

The local dollar is steady, open- demand this morning

at 1/2-13/16d.

"Spot" silver rose 1/16 to 19. while forward" also advanced 1/16 to 19.

Paid-up Capital

.$10,000,000

Reserve Fund

£3,000,000 ing £3,000,000

Reserve Liability of Pro-

prietera

$20,000,000)

Reserve Liability of Pro-

prietors

3,000,000|

or Seat

Bengkok

Bumb

Agencies and Branches:

Hello

Zengoon Angio Deinerung

Kala Lumpur

Shanghai bagspaw

Cavapora

Madras Marlia

New York Piping

Taiping WTOREK

(Pasing) Posing

Talones Lambongs

HEAD OFFICE: HONG KONG.

Hon. Mr. J. J. Paterson.

Chairman

G. Miskin Esq.,

Deputy Chairmas.

Hon. Mr. W.. Bell, J. Masson Estab AH. Compton Esq, T. E. Pearce Esq, Coombe Hon. Mr. S. M. Dodwell,

Deli Haiphong A. Plummer Esq, Kamarg

Bankow Harbin

Hon. Mr. M.`T. Johnson,

A. L. Shields Esq. Bong Lake

ΑΝΟΣ

V. M. Grayburn, Esq.

Chund Managet.

- BRANCHES

LONDON

LIONS

MALACCA

MUKDEN

PEIPING PISANO RANGOON

SAIGON

CHEFOO COLOXBO DALE FOOCHO HAIPHONG HANDTHE HANKOW HARBIS

HONGKEK

ILOILO

1POR

JOHORE

КОВЕ

XOU LOON

KUALA LUMPUR

SOCHARAYA

TONTO

YOKOHAMA

Curst Acousta opened in Local Currency and Fried agonite received for one year oe shoesse Demode / Local Currency and Sterling es wa which will be quoted on application

ALSO p to cam SLFE DEPUSIT BOXES in

Forsign Exchange and General Banking business

Current Accountɛ opened and Fixed Deposit roved for one your or sharine paroda dizai which will be quoted an application.

The London on New York cross- -U.S.$5.- rate was quoted at 05. as compared with US- $5.04, while the New York on London cross-rate was quoted at U.S.$5.05. 5/16, as compared (with £-US$5.03%-

COMMODITY PRICES

The following quotations have

The Bank's Band Omos in Looden andras been received by Renter:--

· Prevalor and Truston businem, mod ulazna

of British Income Tax overpaid co verzne which may be manuetained at any al sta

A BREARLEY.

THE CHINA & SOUTH SEA BANK, May

Hong Kong, 24th February, 1936. Branches-All Important. Cities in

China

Prev. Yesterday

TO-DAYS QUOTATIONS

CHINESE ESTATES, LIMITED

The following was the list of SECOND INTERIN DIVIDEND local-share quotations "issued to- day:

Banks

H. Bank $1595 b.. $1600/1605

Sa

H.K. Bank (London) £1021⁄2 Chartered Bank $13% n. Mercantile Bank A and

531%

Mercantile Bank C. £14% n. Bank of East Asia $76 b.

Insurances

NOTICE IS HEREBY GIVEN Įthat a SECOND INTERIM DIVI-

DEND for the year ending 25th February, 1937, of two per cent, that is $2.00 per share. will be paid on all shares in this Company: Bon. Saturday, the 19th September, 1936, at the Company's Office at China Buildings, 5th floor.

:

Canton Ins. $275 11 Union Ins. $575 b.. $580.sa. China Underwriters $1 a. China Fire Ins. $462 n. HK. Fire Ins. $255 m. International Assce. Sh.$31⁄4 m

Shipping

Douglases $30.

H.K. Steamboats $4 n. Indo-Chinas (Pref.), $30 D. Indo-Chinas (Def.) $20 Shells (Bearer) 111/101⁄2 n. Union Waterboats $12 n.

Docks, etc. HK & K Wharves $108 b and

H.K., & W. Docks $1832 b. and

Providents (old) $25, $1.95/-

2.05 sa. Providenta (New) 20 cts. 1. Hons Kew $185 m.

Mining

Closing Closing

NEW YORK

| Agencies and Branches.

Manager.

SAN FRANCISCO

Hong Kong, lat Jamary, 1835.

SHANGHAI

SINGAPORE

New York Cotton: October

..... 1153 December January March

11.55

12.14 12.16

11.5T

12.19

11.60

12.15

SUNGE! PATANI

1161

12.17

TIENTSIN

TSINGTAG

LIMITED

Capital Reserva

(Incorporated in China) Head Office-Shanghai

-$7,500,000.00 .$1,500,000.00

July Spot New York Rubber: September...

11.61

12.12

11.91

12.54

16.25b

16.231

October -.. 16.285

16.29a

¡December 16.44 January..... 16.47 March .. May

16.39

16.420

New Engineering Sh.$4 m Shanghai Docks Sh.$81

m.

.16.53

16.50

16.66

16.608

July

16.700

16.64m

Chicago Wheat:

September

1114

111

December

„Tel. 28365

110%

110%

May

-109%

309

Chicago Corn:

Antamoks $5.35 b.

September

Atoks $1.08 sa. ex. rts.

112%

111

December

94%

Baguio Gold 59 cts. r.

May ......

Balatoes $24 1.

91

90%

Winnipeg Wheat:

Benguet Consol $24 n.

October.

98%

1000

Beguet Exploration 45 cts. b

December

96%

9844

45/454 cts. 33.

Authorised Capital $10,000,000

May

983

100%

Big Wedge 77 cts. b.

LONDON BANKERS:— Westminster Bank, Ltd.

HONG KONG SAVINGS BANK

The Boxine of the bove Bank is cod

wd the HONG KONG AND SHANGHAI BANKING CORPORATION.

obtained on spplicati

Kalamay D

FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION.

7.X GEATBURN,

Chad Manager.

Hong Kong, 24th February, 1936.

THE BANK OF EAST ASIA, LTD.

Autherland Capital

Paid-up Capital

---------$10,000,000,00

$ 5,508,100.00

Heserve and Undivided Profi 2,085,095.0

HEAD OFFICE-BUNG KONG.

X, De You Buad, Cente BOARD OF DIRECTORS:

Hon Sir Shoa-son Chow, Chairman. I Loco Chut, Eng., P. I. Ewok Zeq. Ploeg Yue TooL. E. Chan Ching Shak, Esq., Li Lan Mat Bet, Wong Chu tion, Zaq, and San Yine Ping

Fan Ting To, Egy, Chief MraURE OF

Li Im Fong. Eng. Hazeget.

AND AGENCIES:-

BRANCHES AND

Manila

AINOJ

Mimitok

Bombay

Calcutta

Haip Hacker Homokule Sobe Kowloon London

New York

Esake

Paris

Peiping

Rangoon

San Francisco

Seattle

Sewing Shanghai singspor Sourabaya Swatow Sydney Taiban

Tokyo

Josebama

Every dription of Banking and Exchange approved bia C Loan granted

Current Accata opened in Local Curemacy and Pd Deposite received for one gast är shorter periods in Loew and Foreign Corrsocia wc terms which will be quoted on application.

Safe Deposit Boxes Is Let

KAS TONG PO.

Chini Msangre

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1880

Capital (full paid-up) Yen 100,000,000

Reserve Fund

Yen.129,150,000

Head Office: YOKOHAMA

Branches and Agencies xt

Alexandria

Bangkok

Batavia

Berlin

Bombay

Calcutta

Canton

Moji

Nagasaki Nagoya

New York

Osaka

Paris

Peiping

Dairen (Dainy) Rangoon

(Mukden) Rio de Janeiro

Hamburg

Harkow

Farbiz Elore Song

Honolul

Bainking

Karachi

San Francisco

Seattle

Semarang

Shanghai

Singapore

Sourabaya Sydney Tientsin Tokyo Tsingtau

Kobe

London

Los Angeles

Manila

Yingkow

Interest allowed for Current Ac-

counts.

Deposits received for fixed perioda

at rates to be obtained on "applica-| tion.

Manager.

G. KISHINAMI,

Hong Kong, 3rd July, 1928.

THE

SHANGHAI COMMERCIAL & SAVINGS BANK÷LIMITED- (Incorporated in China)

Capital paid up

Reserves

25,000,000.- $7,500,000. Capital Savings Dept. $500,000. Reserve Savings Dept. $600,000. Head-Office-Shanghai

A Bank having är its mission- the industrial development on China and the fostering of bes commercial relations. abroad. Hong Kong Office →ÇMA

¿A, Queen's Eoad: Central- Phone "X1114

Forsign Exchange and General Banking Buise Curs and Sering Actouste opened sad Fizi Depasite renaived for one year of shorter parada na zelen which will be quoted on application.

SOG CHẲNG

HONG KONG BRANCH:

3. De Tax Bood, Centra

Maungu's Ober

Fugs Exchange Dept.

Geral e m

Cash US

BOGER

THE WING ON BANK, LTD.

Head Office: Hong Kong

26, Des Voeux Road Central

961

Foreign Exchange and every desBRITISH EXCHEQUER RETURNS

cription of banking business transact- led.

London. To-day. The exche Current Accounts and Savings Ac-

Fixed Deposits requer returns show that the total counts opened. ceived at rates which will be quoted ordinary on application.

revenue

amounts

to

£248,504,976, .compared with £255.- Trusteeship & Executorship under-596,164 at the corresponding date. taken. Safe Deposit Boxes for hire of last year. The total ordinary

PHILIP GOCKCHIN,

expenditure is £225,528,493, com- Chief Manager.

pared with $313,118,900 at the correspording date of 1935.Bri- Itish Wireless Service-

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE:

1. Gowerchurch Street, London, EC.S. Authorised Capital...£3,000,000 - 1,800,000 Subscribed Capital Paid-up Capital

1,050,000 Reserve Fund & Rest 1,247,830 BANKERS: The Buruf England & Macaud Honk Labin

DRANCIES:

haudy

Den

* Spai

Boley

Delhi

Valle

Hong Hour Humral

Barack

Kota Bharu.

Kanin Lipin.

Библи

BERLIN SHARE MARKET

Berlin, to-day-The depression that prevailed on the share mar ket last week became even more evident resterday, large quanti- Įties of stocks being offered but few bought Prices declined. Fixed-interest securities were firm. Call money stood at 3 to 134 per cent-Trans-Ocean. Ser- Mrvice.

New York

-

Port Lovin

Bangun Shapi

Homestan Fati riotin Madrus

Singapore

HONG KONG BRANCH. Eser description of Banking and Exchange |burisers transacted,

Travellers 1gure inaped.

Troster and Executorshipe vodertaken. INTEREST silowed on Current Accounts Fited. Deposita at Bates, that may be seertaisted on applicat.co

1. KENNEDY,.

7. Queen's Road. Central,

Houy Long, 24th July, 185,

Nesager.

SWISS BANK RATE LOWERED

Berne, to-day:The Swiss Na- tional Bank has decided to lower the discount rate from 2% to 21 per cent, as from to-day. The last change was 'made on May 3, | 1935.—Trans-Occan Service.

HOME LEAVE TO

ENGLAND

VIA

AMERICA

TRAVEL A NEW WAY BY EREAKING YOUR SEA VOYAGE WITH A PLEASANT AND INTERESTING « TRIP ACROSS THE AMERICAN CONTINENT BY AND MODERN TRAINS. COMFORTABLE NUMEROUS SIDE TRIPS BY VARIOUS ROUTES.

1

LET US PREPARE YOUR ARRANGEMENTS NOW.

THE AMERICAN EXPRESS CO., INC.

Incorporated with Limited Idability in U.S.A."

4 DES VOEUX ROAD CENTRAL

Kailan Mining Ad. 10/- n. Langkats (Single) Sh.33 . Shai Exploration Sh.52 n. Shanghai Loans Sh.$2 n.

Raubs $11.60 b.

Venz: Goldfield $43% b

Consolidated Mines 104/

sa

Demonstrations $1.50 b. and

Gold Greeks 55 cts. n.

Gold River 12 ets. n.

Ipo Gold 38 cts. n.

Itogons $2.80 a.

IXL $3.45 b., $3.40 sa. Masbate $1.

THE TRANSFER BOOK of the Company will be CLOSED from the 15th to the 19th September. 1936. both days inclusive.

By Order of the Board of Directors.

FUNG PING FAN

1

Director & Secretary.

Hong Kong. 9th September, 1986,

CENTRAL BRITISH SCHOOL

The new premises of the above

school will be opened by His Excellency The Governor Sir Andrew Caldecott, Et, C.M.G., C.B.E.,

KO

MONDAY, Sept. 14th, at 3.00 p.m. All friends of the school are cordially invited.

Special buses will leave the Star Ferry every 10 minutes between 1.50 p.m. and 2.30 pm.

G. E. S. UPSDELL,

Headmaster.

NEW YORK SHARE MARKET

Cyclical Gains Foreseen

FAVOURABLE PROSPECTS

FOR INDUSTRIALS

CANADIAN PACIFIC

NEXT SAILING TO VANCOUVER VIA SHANGHAI, JAPAN & HONOLULU,

EMPRESS OF CANADA

AT NOON, FRIDAY, SEPT. 18th

BOOK NOW FOR YOUR

TRIP HOME IN 1937

conver

Hong Shang- Kobe Naga Yoko- Kong

Baki bama. Honolulu victoria

Louws Arrive Leave Leave Leave Lezve Arries

Steamer E/Canada Jan. 26 Jan. 28

Jan. 31 Feb. 2 Feb. 2 Feb. 14 E/Russia

Feb. 12 Feb. 14 Feb. 16 Feb. 18

Feb. 2 E/Japan Feb. 23 Feb. 25

Feb. 28 Mar. 2 Man. 8 Mar. 13 E/Azia Mar. 10 Mar, 12 Mar. 14 Mar. 16 Mar. 18

Mar. 97 E/Canada Mar: 19 Mar. 21 ·

Mar 24 Mar: 26 Apr 2 Apr. 7 E/Russia Apr. 2 Apr. 4 Apr. 6 Apr. 8 Apr. 10

Apr. 19 E/Japan Apr. 16 Apr. 18 E/Asia

Apr. 21 Apr. 23 Apr, 29 May 4 Apr. 30 May 2 May 4 May 6 May &

May 17 'E/Canada May 14 May 16

May 19 May 21 May 28 June 2 E/Russia. May 28 May 30 June 1 June 3 June 5 June 12 June 18 E/Japan June 11 June 18

Jone 18 June 18 June 24 June 29

For Information Apply To Your Own Agent Or

Canadian Pacific

WORLD'S GREATEST TRAVEL SYSTEM

HONG KONG

Messrs. White, Weld and Com-WAR BETWEEN SEXES cts-pany, New York Correspondents

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

Northern Mining 52 ets. sa. Paracale Gumaus $1.10 b., $1.12

*2.

Salacot Mining $19 n.

San Mauricio:$4.10 b. Santa Rosa 14

n

Lands, Hotels, etc. H.K. and S. Hotels $5.90 sz

Stocks: The standard of the present narrowly fluctuating mar

IS FUTILE

(Continued from Page 4)

Furthermore we don't win

kets with average prices close to allies with criticism. We win recovery peak levels, reflects high-with humour, with tolerance,

TEL. 20752

INVESTMENT FIGURES

Deposits Reach New Records

London, To-day The deposits of 11 London banks advanced in

ly favourable industrial prospects with patience mingled with per-clearing

A feature

for continuing cyclical gains insistence, with an unfailing will-August to a new record figure of industrial volumes and profits. Wel

ingness to teach, again and £2,245,889,000. would limit shifts

The figure re- to individual portfolios, primarily assuring ad-again, and with respect and un-presents an increase of £157.000,-

derstanding.

1000 since. August 1935 and £425,- equate representation in durablej

We win, too, by giving credit 000,000 since 1931. goods and industries, without ma-where credit is due giving it of the bank statements over the Suyoc Consol. $1.20 m., $1.10 sa terially altering comfortable in-

Most men want last 12 months, which points to generously. vested positions. The recession of to be fair toward women. It is increasing trade United Paracales $250

activities activity for September due to au- Mambulao

and a fact that some of them are healthier financial conditions, is tomobile model changes is regard prejudiced or a bit sentimen- the growth of over £81,000,000 in ed as temporary and the highest tally chivalrous or determined advances though about half of H.K. Lands $40% b. $40/41 saggregate auto production since to keep things comfortably this is accounted for by a credit 1929 is expected for the final four static. But most of them want arranged for the French Treasury months of this year. Bevised esti- to be fair, and if convinced and a decline of about £3,000,- n. mates are forecast, of a reduced that we also wish to be fair,000 in investments

Federal deficit for the 1337 fiscal and that we do not seek "equa-had doubled

after. these year. Railroad traffic and earnings lity" and "special privileges" in 1935.

between 1931 and The advances, however, are improving. Industrial ear-the same package. they will are still over £63,000,000 less than ings, together with the new m-listen seriously and try to see in 1931-British Wireless - Ser- distributed profit tax, are expect-our points. clearly. Then there vice.

HK 4% Debentures 105%. IL Shanghai Lands Sh$13 n Metropolitan Lands Sh. $10 Humphreys $9% n H.K. Realties $5.60 n. Chinese Estates $30 n. China Bealties Sh.$4 m.

China Debentures Sh.460 1.

H.K.

Public Utilities

Tramways $134 $11.10/13.60 sa. Peak Trams (old) $6% n Peak Trams (new) $2 ni Star Ferries $92 b.

ed to result in greater disburse is always the thrill of winning k.,ments by many companies. Busi-among them a new active ally

ness done:-1,720,000 shares.

an ally not in a fight against Wheat: Conditions on the wheat men, but in a fight of both men market continue strong and

we and women for a more

RAW RUBBER

expect higher domestic and world generous, more enlightened and Latest Quotations From Yaumati Ferries $211⁄2 b., $2134 prices. Total sales:-15,282,000 more beautiful world

Singapore 3., $2134 sa

C. Lights (Old) $13% b

$13.30/.06 83.

C. Lights (New) $10 b..

HK Electric $55

$555/56.82.

bushels.

#

Messrs.

We might well remember too Cotton: The Government cotton that we women do not always

B. Joseph and crop report estimates the crop at stand together in this achieving Co. have received the following 11.121,000 bales, condition 59.1% of "equal right." The man who quotations in Straits Currency

b., $56 s, of normal and ginnings up to honestly believes that business from Singapore for Raw Rubber.

August 31st. at 1,373,863. These women should have 2s fair an

Maczo Electrics $20 a.

Sandakan Lights $8.30 n. Telephones (Old) $29 b. and Telepphones (New) 9

$9%/9.90 sa.

China Buses Sh.$11% n. Singapore Tractions 29/- n Singapore Pre£ 29/- n.

Industrials

figures are regarded as being very opportunity as he has, may find Spot

ballish. There was heavy-profit his faith shaken by some Oct./Dec.......

sa taking at the reopening of the woman who will do almost any-Jan March market today, but general buying thing for flattery, or who de April/June has since developed and we would mands, even in a business office, advice the purchase of cotton at all sorts of special considera- around 12 cents, which we consider tion.

Malabon Sugars $91⁄2 1. Cald, Macg. (Ord.) Sh$191⁄2 a Cald, Macg. (Pref), Sh.$15 n. Canton Ices $2.20 b. Cements $11 b. $11.60/70.8. HK Rope $4 b.. $4.05. sa.

Stores, etc.

Dairy Farms $22-1.- Watson $4.85 b. Lane, Crawforda $63⁄41⁄2 n. Mackintoshs 25 p Sinceres 3

WEL Powells 40 eta. n. Wing On (HK) $50 n.

Cotton Hilla Ewa Cottons Sh.18 bay

(old) Sh. Shanghai Cottons

Shanghai Cottons (new) Sha

Zoong Sings Sh.$18 n Wing On Textiles Sh.$25. n.

....... MagallanesNS"," Entertainments $3 m

S. C. Enterprises $135 n. Macao "Greyhounds" 12 m.

to be cheap. A volume of hedge-

sales, which had been held until

Must Be Great-Hearted

Market: Weak.

Buyers 26% Down % 26% Down 26% Down 26% Dow

REICHSMARK QUOTATION

Berlin, to-day-The Beichs-

guarantee at: New York, 40. Trans-Ocean Service.

after publication of the Govern- Women of experience, with a ment report, temporarily checked dispassionate view of women's mark was quoted yesterday with- to-day's advance. With print-cloth progress in the world of affairs, sales at double the production need to be at the same time, out figures and the mills well sold great-hearted, not alone to truly help ahead, a large domestic consump-understand and tion appears assured. A large per-women and girls who see less centage of the crop in the South-far or deeply, but also to under- West will be of short-staple on stand and help men to win or account of the drought. We think keep their faith in spite of such

"obstacles." that the enlarging of long positions

“HINDENBURG" LANDS SAFELY

Friedrichshafen. To-day. The Only as those airship Hindenburg, which had

at around the present levels would who see, help those who do not, been unable to land earlier in the can we all go forward; and the day yesterday owing to gusty be advisable.

Flash: Steel mill activity during dividing line, if it could be winds, landed asfely at 5.45 p the past week is estimated at 682 drawn, would not leave the Trans-Ocean Service.

women all on one side and the per. cent of capacity.^.

Constructions (old) $1% n Constractions (new) 60 cts. n. Vibro Piling $33⁄41⁄4 b. Ch. Govt. 5% 1925 G/Bds

HK Govt 4% Loan 7% prem.

HK Gost 34% Loan par, Wallace Harpers, 34 n-

men on the other.tance, understanding and patient But let us draw no dividing effort, this consciousness will lines. Let us carry no chips. take us more surely to our "goal Let us instead, search one an-than could be achieved by even other for evidence that will the most carefully chosen chips. build into our consciousness the for- our highly responsible conviction that men and women shoulders. want to work together, and to And you, Sir, who asked me be fair to one another. Sup to tell them"Is this at all ported by kindly humour, toler-the sort of thing you meant