1936-09-11 — Page 7

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION,

Authorised Capital ......$50,000,000 | Issued and Fully-Paid-up. 20,000,000

Reserve Funds:—

Sterling

Hong Kong Currency

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

-

Incorporated by Royal Charter, 1875) HEAD OFFICE: LONDON

£ 6,500,000

Paid-up Capital

Reserve Fand

Reserve

.$70,000,000

Reserve Liability of Pro-

prietors

$20,000,000

Keserve Liability of Pro-

prietors

.................£3,000,000 ..£3,000,000

£3,000,000

Agencies and Branches:

Alor Star

Boile -

Bango balyon

Bangkok

Batavia

HEAD OFFICE: HONG KONG.

BOLED OF DIRECTORS,

Hon. Mr. J. J. Paterson

Chairma

G. Miskin Esq.

Deputy Chairman,

Hon. Mr. W.H. Bell, J.R. Masson E

A. H. Compton Esq., T. E. Pearce Esq, Della

Zatiarung Surbe

Blomber

Shanghai

Caloutle -

Insa Lumpur

Singapor

Cates

Kuching

Sampore

Caba

Manila

Kniphong

Now Zuck Piping

Dalawan Bourelays Taiping Jangkaa

Hon. Mr. S. M. Dodwell

ios. Mr. M. T. Johnson,

Bamburg J. A. Plummer Esq., Hano Harbin

Posing

IntoGA Zamboanga

A. L. Shields Esq.,

V M. Graybum, Esq. Chiat Manager.

BANGKOK

BATANTA

BOMBAT

CANTON THEFON COLOMBO

PAIREN Foochow

KAIPEGNO

LAMBURG

JANKOW

BARBIN

toro

FOR

DнDIX

DALOON

BRANCERS:

CALA LUMPUR

LONDON

LIONS MALACCA MASIZA

MUAR (Johor)

MUIDEN

NEW YORK

PEIPING

TENANG

RANGOON

SAIGON

SAN FRANCISCO

NKANGEALI

SINGAPORE

MICRABAYA

SUNGET PATANI

TIENTSIN

TORTO

TSINGTAO

TOKOELMA

İran kocouake spesied in Local Currenzy and

id Deposita caved in que, pour or shorter

Local Curmory and Burling on tema

in wil be quoted on apolleation.

# SETOR LISOCZE SAYT MR 94 48 OST

bus sime TO LET

►

Forsign Bunkangs and Osamtal Banking businem

Cureas decousin opened and Fized Deposita Pros/veď the còn your "ær skorvar partoća od dales which will be quoted en sppisention.

THE BACK LOed ones in Gooderi undeciskos wetpick and Drenino bumbam, and clauza moonies of Brisiah Iscoma. Zat everpaid. o terms which may be amourtained at any of the i Agencies and Brunebre.

A BREARLEY.

Manager. Hong Kong, 1st January, 1935.

}THE CHINA & SOUTH SEA BANK, LIMITED

(Incorporated in China) Head Office Shanghai

Capital Reserve

.$7,500,000.00

$1,500,000.00

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

China

Toniga Ezshange and General Kanting Business

and Seving accourse opened and Fized |

HONG KONG SAVINGS BANKs rosted for que year or super perso

The Bunn at the showa Bank in nondu ed by the HONG KONG AND SHANGHAI

BANKING CORPORATION.

obtained en. application.

|64 tales which will be quoted on application.

SOC Z. CHANO,

Jager.

Bains 47 00 |

HONG KONG BRANCH: 3. De Vest Bowd, Uvasi. Hanage's Uhe Feria Exchange Dephones General Of Cashier's U

T&L 33303

FOR THE HONG KONG AND ERANGIAI BANKING CORPORATION.

V. M. GRATBUEN,

Chief Manazor.

Hong Kong, 24th February, 1936.

THE BANK OF EAST ASIA, LTD.

****$15,000,000.00

-8 3,521,000,00

Authorised Capital - -Paid-up Capital

Bmers and adivided Probia $ 2,655,206.30

HEAD OFFICE:-HONG KONG.

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- Wong|cription of banking business transact-

Ying

10), Des Vorur Bad. CentraL

BOARD OF DIRECTORS :— Hon. Sir Shou-son Chow, Chairman.

EX I wak THE LOOK. Sang keq. Wong Chu Son, Esq. mod Fan Pag

Li Koom Chan Chine Shok. Eng. Li Imed

Kan Tua Po, Esq., Chief Managutan Li Im Foog. Esq., Manager.

BRANCHES AND AGENCIE

Mandla

Malparte

Nagmanic

tientia Setang Shanghai Suppor

Sourabaya Swalew

Amoy

Bateria

Fambay

Calmuta

New York

Conten

Owaky

Haiphong

Parie

Kako

Peiping

Honolulu

Padang

Kobe

Denizin

Kowloon

-Tokyo

Loudon

San Francisco

Nancouver

Bydary

Yokohama

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

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

PHILIP GOCKCHIN, Chief Manager.

Erwy Longiption of Dealing and Exchat UNEMPLOYMENT

businessesssected. Los granted on approved

securities.

Current counts opened in Los ComeDKY and Found Deposita rupeved for our your se shorter periode in Local and Foreign Curranse on terma- which will be quoted on "application.

Safe Depomis Bom To Let

XAN TONG ro.

Chint Manager.

THE YOKOHAMA SPECIE BANK LIMITED

Established 1880

Capital (full paid-up) Yen 100,000,000 -Yen.130,900,000

Reserve Fund

Head Office: YOKOHAMA

Branches and Agencies at

Moji Nagasaki Nagoya

Alexandria

Bangkok

Batavia

Berlin

Bombay

Calcutta

Canton

Dairen (Dairy)

New York Osaka

Peris

Peiping

Pangoon

Fengtien (Mukden) Rio de Janeiro

Hamburg

Hankow

Harbin

Hong Kong

Honolulu

Asinking

Karachi

Kobe

London

Los Angeles

Manila

San Francisco

Seattle

Semarang

Shanghai Singapore

Sourabaya Sydney

Tientsin

Tokyo

Txingtan

Yingkow

Interest allowed for Current Ac- counts.

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

G. KISHINAMI,

Manager. Hong Kong, 11th September," 1938.

THE

SHANGHAI COMMERCIAL &

SAVINGS BANK LIMITED (Incorporated in China)

Capital paid up

Beserves

Capital Savings Dept.

$5,000,000,

$7,500,000. $500,000. Reserve Savings Dept. $600,000. Read-Office-Shanghai

A. Bank having as its mission the industrial development on Chins and the fostering of ber commercial relations abroad.

Hong Kong Dis

6, Queen's Road Central

Phone 21136.

IN GERMANY

Further Decrease In Figures

"CHINA MAIL" SPECIAL

Berlin. To-day. The number of unemployed in Germany decreased by 393,000 dur- ing the months of June, July and August, while the decrease during the corresponding three months of last year was only 313,000. This favourable situation of the unem- ployment question is, it is pointed out, due to the increased demand for labour by the heavy industries. -Trans-Ocean Service.

THE CHINA MAIL, FRIDAY, SEPTEMBER 11, 1936

COMMERCE AND FINANCE

LOCAL SHARE MARKET

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

Banks

H.A. Bank $1600 b. 1600/1608

SI

HK. Bank (London) £102. Chartered Bank $15% a. Mercantile Bank A. and B.

£3111⁄2 1.

Mercantile Bank C. £143% n Bank of East Asia $76 b.

Insuraners

Canton Ins.” 5275 m. Union Ins. $575 b. 580 32. China Underwriters $1 n. China Fire Ins. $462 a. H.K. Fire Ins. $255 n. International Assce. S2$3 1..

Shipping

Douglases $30 m. H.K. Steamboats $4 n. Indo-Chinas (Pre), $30 Indo-Chinas (Def.) $20 . Shells (Bearer) 110/7 n. Union Waterboats #12 n.

Docks, etc. H.A. & K. Wharves $108 b. HK. & W. Docks $131⁄2 b. Providents (old) $2.05 a 1.35 sa. Providents (New) 20 ets- IL Hor Kew $185 m. New Engineering Sh.44 a. Shanghai Docks Sh.$81% n.

Mining

Kilan Mining Ad. 10. n. Langkats (Single) Sh.#31⁄2 n. Shai Exploration Sh.$2 1 Shanghai Loans Sh.2 a. Raubs $11.60 b. Venz: Goldfield $434 b. Antamoks $5.60 b. 54 sa. Atoks $108 n.

Baguio Gold 68 cts. b. Balatoes $24 n.

Benguet Consol. $24 n. Beguet Exploration 48 ets. b. Big Wedge 784 cts. b. 78 cts.

$2.

Consolidated Mines 9

10 cts. s. 93%/10 cts. sa. Demonstrations $1.60 b. 1.54-68

Gold Creeks 55 ets. n. Gold River 12 cts. n. Ipo Gold 38 cts. n. Itogons, $3.68 $2. LX.L. $3.60/70 sa.

Macao Electrics $20 in. Sandakan Lights $8.50 n.' Telephones (Old) $29 b. Telephones (New) $9 b. China Buses SŁȚII1⁄4 =^. Singapore Tractions 29/- z Singapore Pref. 237- n

Industrinia

Malabon Sugars $9% no Call, Macg. (Ord.) Sh$191⁄4% r. Cald, Macg. (Pret) Sh.$15 n. Canton Ices $2.20 b. Cements $11.40 b. 11.30/45 H.K. Ropes $4.10 n.

Stores, etc.

NEW ADVERTISEMENTS

· NOTICE

"MALLENDERS CABLE

CACONSTRUCTION COMPANY

LIMITED hereby give notice that the Power of Attorney given by them in favour of their Manager in China Mr. A. E GORDON has sa.(been revoked as from the 11th September 1936 and that INNIS AND RIDDLE (China) LIMITED are now their representative in China and Hong Kong.

Dairy Farms $2131⁄2 ex div. a. Watson $4.85

Lane, Crawfords $6 n. Mackintoshs $5 # Sinceres $3 a..

Wm. Foweils 40 cis. n. Wing On (HK).$50 n.

Cotton Mills Ewo Cottons Sh.$834 b. Shanghai Cottons (old). Sh.

$70 2.

Shanghai Cottons (new) Sh.-

$39 n.

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

Miscellaneous

Entertainments $3 n.

S. C. Enterprises $1.35 m. Maçao "Greyhounda” #2 n. Constructions (old) $134 Constructions (new) 60 ets. I Vibro Piling $3% b. Ch. Gort 5% 1925 G3Bda. —

92%-b.

HK Govt. 4% Loan 71⁄2% prem.

b.

HE. Gott. 34% Loan par. b. Wallace Harpers $4 *.

NEW YORK SHARE

MARKET

Bullish Undertone Continues

PRICES SOMEWHAT MORE IRREGULAR

PUBLIC AUCTION

THE

THE Undersigned have received

instructions to sell by Public.

Auction

on "

Tuesday, the 15th September, 1936 commencing at 10.30 am. at No. 60A, Nathan Road, Kowloon

A Quantity of

VALUABLE HOUSEHOLD

BOOK

NOW FOR YOUR TRIP HOME

VIA CANADA

IN 1937

NEXT SAILING TO VANCOUVER EMPRESS OF CANADA AT NOON, FRIDAY,

SEPTEMBER 18th.

Корд

1937 SAILINGS

Бодр

Steemer

E/Canada

E/Russia

FURNITURE and

E/Japan

EJAsia

E/Canada

One Upright Piano by Rosen Kraus

E/Russia E/Japan E/Asia E/Canadia E/Russia E/Japan

On View from Monday, the 14th) September, 1936. ›

Terms: Cash on Delivery- LAMMERT BROS..

Auctioneers. Hong Kong, 11th Sept, 1956.

INTIMATE STUDY OF

SIR S. HOARE

(Continued from Paga 4)

to mobilise that fleet at a mo ment's notice. Nobody will deny that Sir Samuel Hoare is the safest and soundest man for that past.

Messrs. White, Weld and Com- Happy In Whitehall cts. b.

pany, New York Correspondents He is a man with no particular for Messrs. S. E. Levy and Compolitical axe to grind. Government, pany report:-

is not a profession with him; it is Stocks: A bullish undertoneļa passion. Whereas other Cabinet continued to-day, although prices Ministers are apt to declare that were somewhat more "irregular, they find the burdens of office Steels were strong on good busi-wearisome and look forward to ness reports from the larger com- days on a golf course, bird- panies, but utilities and other is-watching, or half-awakening to tea sues were poorly supported. and muffins in a country-house, Business done: - 1,550,000 |Sir Samuel chafes in retirement shares.

and is only happy when in White- Wheat: The Government es-ball. timate of the wheat crop of over Foreign. observers are apt to be 600,000,000 bushels was about as disappointed in meeting him for had been expected; so that very the first time. They expect a poli- little change in prices resulted. tical genius with maybe a touch of Instead, they Total sales:-15,357,000 bushels. Machiavellianism.

Cotton:

a man whose thin lips and Summing up recent see factors, we can confidently recom-sharp nose suggest something of mend the building of a long posi-jan old maid. This is further em- tion in cotton, preferably using phasised by his precise gestures Decembers for profits when hedge and the mincing delivery of his pressure subsides. The "peak of words and phrases.

come to the Central Texas movement has And yet, when they

there is no passed. Consumption for Augustisrips with the man,

Mambulao 84/90 cts, sa Masbate $1.06 sa. Northern Mining 55 cts. b. Paracale Gumaus $1.17/19 sa. Sakicot Mining $194 San Mauricio $4.60 sa Santa Rosa 13 cts. sa. Suyoc Consol. $1.30 b. 1.34 sa. United Paracales $2.90 b. 2.96

Lands Hotels, etc. HK and S. Hotels $5.85 52. HK Lands $40 sa.. H.K. 4% Debentures 105% D. Shanghai Lands Sh.$13 n. Metropolitan Lands Sh. $10 a Humphreys $914 1

HK. Realties $5,60 n Chinese Estates $80 n.. China Realties Sh.$4 ́n.

China Debentures Sh.$60 n.

Public Utilities

Tramways

H.K.

12.30/ sa.

$12.40

Peak Trams (old) $61⁄2 m Peak Trams (new) $ m. Star Ferries 391 b...

Yasmati Ferries $21 b.

32.

CLights (New) $10

is estimated at $70,000 bales, as doubt of the power behind the

the brain mask,

beneath the against 408,000 bales for August

baldish dome. He is a man who 1935. Yesterday's sales of print cloth were equal to a full knows. b., week's production and advances

of

in price were paid freely through to the end of the year,

the

Gandhi's Impression

9 Feb: 14

Feb. 27

$ Mar. 13

Mar. 27

2 April 7

April 19

Vancouver Shanghai Kobe Yokohama Honolulu Victoria

Leave Arrive Leave Leare. Leate Arrive Jan. 26 Jan 28 Jan. 32 Feb. 2 Feb.

Feb. 12 Feb. 16 Feb. 18 Feb. 23 Feb. 25 Feb. 23 Mar. 2 Maz

Mar. 10 Mar. 19 Mar. 16 Mar. 18 Mar. 19 Mar. 21 Mar 24 Mar. 26 April April 2 April 4 April 8 April 10 April 16 April 18 April 21 April 23 April 29 May April 30 May 2 Mar 6 May 8

May, 17 May 14 May 16 May 19 May 21 May 28 Jane May 28 May 30 June 3 Jane 5 June 12 June 18 June, 11 June 13 June 16 June 18 June 24 Jane 23 For Information Apply To Your Own Agent Or

Canadian Pacific

SPANS TRE WORLD

Tel. 20752

HARBOUR VIEW

PRIVATE HOTEL

ON

THE SEA FRONT

Chatham Road, Kowloon,

Phone: 56734

Proprietress

Mrs. M. Gardiner,

THE ARLINGTON

PRIVATE HOTEL

Mody Road, Kowloon,

Phone: 50126

Proprietress Mrs. M. Gardiner

"Which, of all the. Englishmen you have met, do you respect the ww asked Flash: We would prefer Demost?" Mr. Gandhi cember cotton, as the near posi-lafter the Round Table Conference tions are reflecting the short crop,jín London was finished. C. Lights (Old) $13.60 h. 13.30 the strength of "spots", and

"Sir Samuel Hoare," he replied And he went. planters holding policy. Hedging without hesitation. is now mostly going into distant on to explain: "When Mr. Macmunications are in danger. There, COMMODITY PRICES Donald tries to say No,' he makes is the Suez Canal Shall it bel H.K. Electrica $541⁄2 b. 55 s. 55/- positions.

5465 XD. Sar

The Edison Electic Institute a speech and tells me that his abandoned, or rather shall Cape

The following quotations have estimates electricity production at heart beats for India's aspirations. Town be made a big naval base been received by Reater:

When Sir Samuel Hoare has to for further war in the Indian

Prev. Yesterday 2,100,000,000 kw.h. for the cur- rent week, which is an increase of "No," he says “No!"

Closing Closing Certainly Sir Samuel had mas- 20 per cent over the same week of

These are the problems which Last year.

tered the subject of India and re-the thin lips of Sir Samuel Hoare New York Cotton: forms in thorough. fashion when now purse over in his room at the

December.... 12.13 he was at the India Office. De-Admiralty. And as he decides, so fending his India B. Sir Samuel the powerful radio stretching over January Hoare in the House of Commons the roof of that building fishes March filled 4,000 pages of Hansard. He instructions to a waiting feet as May answered 15,000 questions, made it did in the great dramatic July 600 speeches and, in all, spoke moments of the war. close on 16,000,000 words.

AMERICAN EXPRESS

COMPANY

TRAVEL ERS CHEQUES

IN US. DOLLARS

AND STERLING

CAN BE CASHED

THE WORLD OVER

THE AMERICAN EXPRESS CO., INC.

Incorporated with Limited Liability in U.S.A.

No. 4, Des Voeux Road, Central,

In his public life he has never been seen to lose his temper. Yet his critics have been fierce ones,} including Mr. Winston Churchill. These two opponents in debate will now, confront each other again on naval matters. Where Sir Samuel now sits at the Admiralty, Mr.

Ocean?

LOCAL DOLLAR

STEADY

Silver Prices Fall

October

January March

12.11

12.72

12.15

12.08

12.08.

12.06

11.99

12.03

1100

12.00. 1191

Spot

12.50 New York Rubber:

12.50

September 16.172 October December

16.190

16.21 16.32

16.243

16.34

16.34m- 16.36

May July

16.43

16.44 16.50b 16.53a

16:58n.

16.580

It's No Use Waiting

New Naval Problems

"Spot" silver fell 1/16 to 19- For The Smash!

Naval strategy is being revised 1/2, while "forward" also declin- When you see trouble coming take There is a new mentality in the ed 1/16 to 19 1/2. the quickest route to safety. When British Fleet. There is to be a The London on New York cross- you feel trouble coming the same new and better Mediterranean rate was quoted at -US$5.- advice applies. ·

Fleet. Once again the eyes of the 5%, as compared with US- The discomforts of constipation, Admiralty are turned towards the 5.06, while the New

Winnipeg Wheat; York On fiverishness, sické, headaches, ́ ́bilious

October attacks, impaired digestion, are wa North Sea. Germany is fortify London cross-rate was quoted at

December ings that worse troubles are heading Heligoland once more.

compared

May

opening on demand this morning at-1/23/d

September

111

111%

December May

110

110%

109

109%

Chicago Corn: September December

110%

11T

944

94%

May

90%

90%

93

997

France

974

98%

£-U.S.23.05. as

9932

100%

Winston Churchill once sat.

The local dollar is steady Chicago Wheat's

if you neglect them. Pinkettes, the has provided herself with the big with US$6.05%. little iniative and liver pille, provide gest submarine fotilla ever known

* quick way back to comfort and Italy possesses the fastest surface

health Usually they bring relief in craft in the world Hitler is de- REICHSMARK QUOTATIONS. Paris, 610.63; Amsterdam, 59.385;

ja...single night, and after that their

cocasional use is all that is needed veloping the naval arm of Ger- to ensure that all important daily many and there is a tense feeling (regularity. In brief, Pinkettes keep in the Baltic.

you, well

and London, 12.57. Paris quoted

Berlin, To-day-The Reichsmark the Found sterling at 76.75 to 76.78, was quoted yesterday without and the US dollar at 16:188 to

Above all, the Empire com-guarantee at: New York, 40.23

19-Trans-Ocean. -Service.