BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorised Capital .....$50,000,000 | Issued and Fully-Paid-up. 20,000,000 Reserve Funds:—
...£ 5,500,000
Sterling
Hong Kong Currency
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA
lucorporalod by Beyal Charter, 1333.
HEAD OFFICE: LONDON
Paid-up Capital
Reserve
$10,000,000
Reserve Fund
£3,000,000 £3,000,000
Reserve Liability of Pro-
prietors
$20,000,000
Reserve Liability of Pro-
prietars
..£5,000,000
Agencies and Branches:
Bor Star
Rangoon
Back
HEAD OFFICE"; 11ONG KONG..
BOARD OF DIRECTORS.
Ho Mr. J. J. Paterson. Chairman
G. Miskin E14,
*
Bomba Calcatta
Deputy Chairman, Hon. Mr. W.H. Beli, J.E. Masson Esc. Gebe
Holo
1pok
Lobe
Bagon bemarang Baeusban sanghal
Kuala Lumpur Singapore
H
Xacking
Madon
Cantet
| Cawnpors
Colomb
New York
J. A. Plummer E34-
Bamberg
Harban
(Paling)
A. H. Compton Esq., T. E. Pearce Easy Dani Hon Mr. S. M. Dodwell,
Hon Mr. M. L. Johnson,
ΑΠΟΣ
A. L. Shields Esq.,
Y. M. Grayburn, Esq. Chief Manager.
LANGTOK
LATAVIA
DUMILAZ
CALCUTTA ELSTOK CHEFOO COLOMBO DAIREX FOOCHOW KLIPHONG
HAMBURG
HANSOW HABBIN
HONGKET
ILOILO
JOHORE
ΚΟΒΣ
KOWLOON
BRANCHES ›—
ICALA LUMPUR
LONDON
TONS
NALACCA
MANILA
MLAR (Joborsi
MUEDEN
NEW YORK
PEIFING PENANG
RANGOON
SAIGON
MAN FRANCISCO
SINGAPORE
BOURABAYA
SUNGEI PAZANT
TIENTER
TOKTO
TUNGTAD
YOKOHAMA
Current Accounds opened in Lout Currency and; Fled Deposit moeited for ODE JURE OF Ligeist perioda in Local Ourwony and Sterling on terms which will be granted on application
1:30 up to BAZE DEPOSIT BOXE
Ir side TO LET.
Hong Kong, 24th February, 1836
HONG KONG SAVINGS BANK
The Basizes of the above Back in conduct. Mby the HONG KONG AND SHANGHAI
Bu MAY M BING CORPORATIOK. ablaked on application.
FOB THE HONG KONG AND SHANGHAI BAYEING CORPORATION
V. Y. GRAYBURN,
Chief Magni.
Hong Kong, 24th February, 1936.
THE BANK OF EAST ASIA, LTD.
Authoriand Capital
Paid-up Capita
$10,000,000.00
Hous Imag
Aourabaya Taiping
Yokohama
Zamboangs
Foreign Exchange and Gunarai Banking besineve
kremetriad.
Current Acconta opened, and Fixed Deposita received for one year or shorte parioda at ZNAN which will be quaisi on application.
The Bank's Eoad Oñas “in London undertake Exeter and Trusion bruisenda, wod claima zoovery of Beitiak Luanane Inz overpaid on term which suny be certained at any of ata | Agencies and Branches.
A BREARLEY,
Manager. Hong Kong, lat January, 1935.
THE CHINA & SOUTH SEA BANK,
UMITED
(Incorporated in China) Head Office-Shanghai
Capital Reserve
.$7,500,000.00 $1,500,000.00 Branches-All Important Cities in
China
Tereign Exchange and Geners Banking Busines
transacted.
Cument sod Sarity Accounts opened and Find Deposita memíves for com yoke or shorter periode Jei raves which will ha cupend on application.
sot 2 CHÚNG.
・Manage
BONG KONG BRANCH 2. Des Tauz Band, Conteni. Manager's Off 08. storo -use “Iel 87565 Foreign Erobangs Depl
Gerral Bo Cashier's O500
THE WING ON BANK, LTD.
Head Office: Hong Kong
3
26. Des Voeux Road Central. Authorised Capital $10,000,000
LONDON BANKERS:— Westminster Bank, Ltd. Foreign Exchange and every des-
are and Undivided. Prota 2,655,cription of banking business transact-
KEAD OFFICE-HONGYEONG,
10, De Vaux Bead Ceriz.
BOARD OF DIRECTORS:-
ed
Current Accounts and Savings Ac [courts opened. Fixed Deposits re- Hoa. Sir Shoa-son Chow, Chairman-ceived at rates which will be quoted Too Chur, E. P. I. Iwak Eaq Hong Yua Tuas. En Chen Ching Shake Eagle application.
hang Eng Wong Chu boc, ng, and San Ting! Po. EQ-
AHOJ
•
han Tune Zo, Esq., Chsel MannEAT.
BRANCHES AND AGENCIES:-
Batavia
· Lanchangi
Colortia
CERLO
Haiphong
Honolul Kobe
Kandin
Meibourne
Sapnaki New York
مشبون
Paris
Peace
застрах
Bangoon
Kulon Londos
Pagod
Bao Franciaco
Seattle
Shangbei Singapor Bombays
Sweter
Teboil
Tabys Vancouver Tekobene
Every description of Banking nod Eachang buna izanabbed. Loans grassed on approved
securitas.
Curreal Locate opened le Local Currency and land Deponite routed for one your ve aborter periods in Lood wod Porniga Currencies on teema which will be quouri co application.
Sefe Depact Bom To
Trusteeship & Executorship under- taken. Safe Deposit Boxes for hire.
PHILIP GOCK CHIN, Chief Manager.
THE
AMERICAN EXPRESS COMPANY, INC.
Incorporated with Limited Liability in U.SIA.
Head Office:-55, Broadway.
Capital Surplus
Reserves
New York
•U.S.$6,000,000.00 2,240,344.38
BRANCHES:
THE CHANA MAIL, TUESDAY, SEPTEMBER 15, 1936.
Commerce and
Finance
LOCAL SHARE MARKET
TO-DAY'S QUOTATIONS
issued
The following was the list of local share quotations to-day.
Banks
H.K. Bank $1600 b. H.K. (Lon: Reg.) £102 n. Chartered Bank $15% n. Mercantile Bank A. and
£313% z. Mercantile Bank C. £14% 1. Bank of East Asia $76 b.
Insurances
Canton Ins. $270 n. Union Ins: $577 b.
China Underwriters $1 1. China Fire Ins. $462 n. H.K. Fire Lus. $255 n. International Assce. Sh.$3
Shipping
Douglases $30 n. HK. Steamboats Și n. Indo-Chinas (Pref.), $30 Indo-Chinas (Def.) $20 n. Shells (Bearer) 110/71⁄2 x. Union Waterboats $19 m.
*
B
NEW YORK SHARE MARKET
Political News Awaited
NEW ADVERTISEMENTS
HONG KONG TELEPHONE COMPANY, LIMITED
NOTICE TO MARINERS. AB SUBMARINE TELEPHONE
CABLE is being laid in the cable reserve between Blake Fier and Star Ferry Wharf, Kowloon,! on THURSDAY, the 17th Septem-! ber, at 10 am Masters are re- steer clear of cable quested to
EFFECTS TO BE EXPECTED' laying "craft.
Messrs. White, Weld and Com pany, New York Correspondents
Hong Kong, Sept. 12th. 1936,
for Messrs. S. E. Lery and Com- BRITISH TRADE
pany report:--
Stocks:-The market is awalt- ing political news in connection with the Maine Elections. A high-percentage Republican vote would be likely to produce a strong market, including utilities.) Should the Election go otherwise, there would probably be further
FIGURES
August Statistics Issued
London, To-day,
Allowing for seasonal infiuen-
in
trade continued to August Imports
selling and, if the September 8 ces, overseas high levels are approximated, we expand would sell for trading on the turn amounted to $66,057,087, as com
Business done:-pared with £68,731,020 in July and of the market.
1,000,000 shares.
£59,145,232 in August last year. totalled £35,258,115, Wheat: The movement of Win- Exports ter and Canadian wheat is now against 40,085,922 in July and Re- its peak Prices #$4,832,955 in August 1935. declining" from are not yet reflecting the close exports were $4,355,909, compared ness of the supply and demand with £4,991,716 in July and £4,-) situation and we would advocate 185,561 a year agu. Although the liberal accumulation, avoiding figures for imports, exports, and only bulges. Total sales:-13-re-exports are all lower than in 858,000 bushels.
July, they represent an increase Cotton-Cotton print sales on August last year and also on for the last week exceeded pro- August 1934. $13bduction by 200 per cent and an For the first eight months of eminent manufacturing authority this year imports totalled £536,- is bullish on the continued outlook 624,391-an increase of £57,579,- for cotton-goods. The long-term 713 on the corresponding period outlook continues to be good and of 1935. Exports for the eightị we would recommend purchases months totalled £283,170,234-aa at favourable opportunities. increase of £5,433,283 compared Flash: Steel mill production with 1935 and of £28.080,910 com- for the last week is estimated at pared with the corresponding-per- 72.5 per cent. of capacity.
iod of 1334. Exports of manu- factured goods have risen by £4,-
Docks, etc. H.K. and K. Wharves $112 b.
13.65 sa
H.K. and W. Docks
13.65 32.
Providents (old). Providents New) $2.15 b. 2/2.20
32
Hong Kew $185 .
New Engineering Sh.$4 n. Shanghai Docks Sh.$8134 c.
Mining
Kilan Mining Ad. 10/- n. Langkats (Single) Sh.53% n. Shai Exploration Sh.$2 n. Shanghai Loans Sh.$2 z Raubs $11.00 b. ex div. Venz: Goldfield $44 b.
Atoks $1.24 sa.
COMMODITY PRICES 707,641-British Wireless Service.
The following quotations have: been received by Reuter:-
1.XL $3.60 s.
Mambulao 33.cts. s. 92-95 cts. May”
Masbate $1.12 s. 1.10 1.11 sai
sa.
Prev. Yesterday Closing Closing
MATCH TRADE IN CHINA
On your
your way
to North America
Surope SEE CANADA
Go via Canada to North America Europe. Fast, through trains direct from ship's side at Van- couver in Canada's Evergreen Playground.
See the majes- tie Canadian Rockies Lake Louise, Banf .. Connect with Canadian Pacific trans-Atlantic liners at Montreal or Quebec. No extra rail fare in Canada for drawing room or compartment oc- cupied by one person. Stopovers if you wish... In Summer, the scenic Great Lakes route is an op- tional inland-sea trip for trans- continental passengers.
"Information and tickets from your own agent
Canadian Pacific
WORLD'S GREATEST TRAVEL SYSTEM
GACANPAC: Passenger Dept. Freight 20042. NAUTILUS: Freight Dept. Canton Agents: JARDINE, MATHESON & CO., LTD.
Telephones: Passenger 20752.
HONG KONG MARKET PRODUCE
APPROXIMATE RETAIL PRICES
Canton
M
48
888N 1
esch 30
per doz. 30. 18
"
$2 +25
esch 40
11587886 8850
8 18 2811818
Steak Steak Sirloin
Sausages Bullock's Brains
Tongue, fress
Heart
corned
Hamp, Salt
Feet
Kidneys
Head
per set
esca
Antamoks $5.80 1.
Sept. 14, Sept.
Sept. 14. Sey
Baguio Gold 65 cts. b.. 67/63 cts. New York Cotton: Balatoes 524 n.
1936 1918
Cts. Ct.
1986 1918 CH. Ctz
October
12.16
12.04
Benguet Consol. $24 n.
December
12.20
12.06
Benguet Exploration 35 cts. sa January
12.16
12.05
Big Wedge 83/84 cts. b.
March
12.10
12.02
Why Products Are Unpopular
POULTRY.
BUTCHER MEAT.
Chicken Capons, Small
Ib..
42
30
Beef Sirloin
The
45
25
Prime Cut
28
Corned
Large
Roast
Consolidated Mines 114 cts. b. May
11/11 cts. sa Demonstrations $1.63 s. $1.64-Spot
12.11
12.01
Duck
Breas!
July
12.05
11.91
Soup
12.55
12.45
1.66 $2
New York Rubber:-
Gold Creeks 55 cts. n.
September
16.312
16.350
Gold River 12 cts. a.
October
16.35m
16:40
Ipo Gold 40 cts. .
Itogons $3.40 a.
December January March
16.48 16.50 16.49m 16.530
897,612.65
16.55 16.64B
July
16.73M
16.613 16.690 1.6.77
Amindem
Chicago Wheat:
Glasgow
Caded Manser.
Ликаны Basia Berlin Bombay
The Hague Haszon
See
Northern Mining 58 cts. 11.
September
Napier
Br
Cairo
Kumburg Have 15sidelberg Interlaken Jerusalem Leudon Liverpool Lanreno
Pinorus
Paracale Gumaus $1.19 г.
December
Terping Rotterdam Kom
Salacot Mining $18 b. 13 sa San Mauricio $4.60 .
May
Chicago Corn:
ampion
December
Sizes proce Tientsia
11234 112 110%
113
96%
113 95
Shoulder
Saddle
May
91%
per set
Winnipeg Wheat:
Manila
Munic
Vnäeksena Zorich
67/68
cts. October
102%
53.
December May
101%
103%
LOCAL DOLLAR
STEADY
141 14
Lein
Leg
Fat or Lard
Sheep's Head &
KEN TONG PO,
Mourenz Ma
Tail
Liver
Tripe
Calves Hend
Feet
Her
each
10
FRUITS.
Mutton Chip
Leg
fb.
35
14
5
Brains
12
Pig's Chitlings
10
Feet
36
each 13
Fry Head
Ib. 10
Porks Chops
Kidneys
Liver
THE YOKOHAMA SPECIE BANK
LIMITED
Established 1880
Capital (full paid-up) Yen.100,000,000
.Ten.130,900,000, Reserve Fund
Head Office: YOKOHAMA
Branches and Agencies at
Moji Nagasaki Nagoya
Alexandria
Bangkok
Batavia
Berlin
Bombay
Calcutta
Canton
Dairen (Dainy)
New York
Onaica
Paris
Peiping
Rangoon
Fengtien (Munden) Rio de Janeiro
Hamburg
Kankow
Harbin
Hong Kong Honolulu
Heinking
Karachi
Kobe London Los Angeles Marila
San Francisco Seattle
Semarang
Shanghai
Singapore Sourabaya
Sydney
Tientsin Tokyo Tsingtan Yingkow
Interest allowed for Current Ac
combo.
Deposits received for fixed periods at rates to be obtained on applica- Mon..
G. KISHINAMI,
Ceicotie
Canber Colomba
Copenhagen Di Edinburgh Hence Ga
Lurd
Luxor Marseilles
Hoots Carlo
Teena
Branches of American Express Company in Principal cities of United States of America and Carında,
All classes of Commercial Banking: Transactions undertaken.
Personal investment accounts hand- led.
The Company offers to intending Travellers the use of its Travellers Cheques" and Letters of Credit and, in addition, the world-wide services of its thoroughly equipped Travel Department.
C. H. BENSON,
General Manager.
RAW RUBBER Latest Quotations From Singapore
Messrs. H. B. Joseph and Manager. Co. have received the following: Hong Kong, 11th September, 1936jquotations in Straits : currency
THE
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)
Capital paid up
$5,000,000.
$77-500,000
Eeserves Capital Savings Dept. $500,000, Reserve Savings Dept. $800,000. Bead-Office-Shanghai A-Bank-baving as its missioo the Industrial <development - an China and the fostering of her
.commercial relations abroadi
Hong, Kong Ofcom
6. Qosen's Hood Central · Plzone 31116,
trom Singapore for Raw Rubber.
Spot 26% b. Unchanged.
Oct.-Dec. 264 h. Unchanged. Jan.-March 26% b. Unchanged. April-June 27 b. Unchanged. Market:-Quiet.
"REICHSHARK, QUOTATIONS
Berlin, To-day. The Reichs- mark was quoted yesterday with- out guarantee at:-New York, 40- 22 Paris, 610.75; Amsterdam, 15927; and London, 12576. París
quoted the Pound sterling at: 76- |88 to 7691, and the US dollar at 15.189 to 15.191 Trans-Ocean
Service.
Santa Rosa 151⁄2 cts. b. 164 cts. September
15/17 cts. $3.
Suyoc Consol $1.40 s.
United Paracales $2.81 sa
Universal Explors
Lands. Hotels, etc.
FK, and S. Hotels $6 b. 6 sa. HK Lands $40 b. 40 sa. HE 4% Debentures 105% 2. Shanghai Lands Sh$13 n. Metropolitan Lands Sh. 310 a Humphreys $914 b. H.K. Realties $5,60 n Chinese Estates $80 n. China Realties Sh.44 1. China Debentures Sh.$60 n.
Public Utilities
H.K. Tramways $12 b. 12 sa. Peak Trams (old) 361⁄2 2. Peak Trams (new) $23⁄41⁄2 a. Star Ferries $92 b..
***S
1
QUALITY OF THE STICK AT FAULT
Dovies Eggs, Hen (cook-
ing) Egga, Hen (fresh) Fowls, Hainan
Reasons for the failure of the Chinese match industry to compete in foreign markets and sugges tions for is improvement were
Geese contained in a detailed report from the Chinese Consulate in Welling- Pigeons, Canton Faikow ton, New Zealand, to the Foreign Trade Bureau of the Ministry of Turkeys Cock 112% Industry, recently. The report was
Snipe 111%made as a result of an extensive Pheasant 110% investigation into the match mar Call
ket in New Zealand recently con- Partridge ducted by the Consulate.
Apart from China, according to Almonds 90% the report, match producing coun- Lemons, China
tries in the world include Belgium, Bananas (bride's)
Carambola 108% England, Finland, Sweden, Japan,
Coconuts 102% and Soviet Russia. Each box of)
Apples (California) 104 matches from these countries con- Lemons, American tains less than 60 sticks, the chees, Dried... quality of which is hard and not Oranges (Canton) brittle. China's production, how- Oranges (Sweet)
Pears (Canton) ever, has a greater number of
Oranges (American) each sticks in a box, but the wood is Persimmons, Large,
esch Pumelo, Siam brittle, the report says.
Waburts
Silver Prices Firm
.on
VEGETABL
this continues, Chinese matches are Deetroot
Not As Combustible Owing to the inadequate com- Grapes The local dollar is steady, bination of the chemicals, the note
Artichokes opening
demand morning at 1/23⁄4d
Long not as combustible as foreign-j "Spot" silver was steady at 19-made matches, and their combus Brinjals, Green 7/16, while "forward” also remain-tion does not last as long either. ed steady at 19 7/16.
Referring to the consumption of}
(Madium)
(Small)
Red Cabbage, Chinese
(Shanghai) The London on New York cross-matches in New Zealand alone, the Cauliflower (Large) each Yaumati Ferries $21 b. 214 rate was quoted at —U.S.$5.-1
report says that the total number 06%, as compared with of packages sold there amounts to 14405%, while the New York b. London cross rate was quoted 82.-U.S.$5.06, as compared with
3.S.$5.05%,
b.
C. Lights (Old) $14 C. Light (New (New) $11 H.K. Electrics $544 b. 55 Macao Electrics $20 n.. Sandakan Lights $8.30 n. Telephones (Old) $291⁄2 b., 2914
B
Telephones (New) $10 b. 9.85/10| China Busca Sh$112. Singapore Tractions 29/- n. Singapore Pre£. 28/- n.
Industrials
Malabon Sugars 191⁄2 n. Cald. Marg (Ord.) Sh$191⁄2 D Cali, Macg. (Pre£) Sk.$15 n Canton Ices $2.20 b. Cements 12.10 b. 12. 12/
12.05 82.
H.K. Ropes: $4.10 n.
Stores, etc. Dairy Farms $2134, sa. Watson 4:85 ni Lane, Crawfords $6% u. Mackintoshs #5 m. Sinceres. $3.1. Wm.-Fowells 40 cta: 11. Wing On (HE) $50 2.
£
Cotton Milla
Ewo Cottons Sh-$81⁄2 b.
(d) Shanghai Cottons
$70 b. Shanghai Cottons (new)
$3914 b.
Zoong Sings Sh.$18 n. Wing On Textiles Sh.$25 L
Miscellaneous -
од
at
253,971 annually (each package Carrots
Celery, Chinese Chillies, Dried containing 144 boxes). The total price is #68,273. Of the number) of packages, Chinese matches only occupy 430, the value of which is only 221.
Japan, however, says the report, Sexported only 100 packages in 1932, but in 1933 the figure was Shincreased to 52,000 packages.
- Entertainments $3. n.
S. C. Enterprises $1.86 n. Macão "Greyhonada”, #2 a." Constructions. (old) $1% n Constructions (new) 50 ets. n. Vibro Piling 4-b. & Ch. Govt 5% 1925′ G,3ds.
92% b.
HK. Govt. 4% Loan 7%% prem
b.
Suggested Improvements In order to improve the Chinese match industry, the note suggest- ed the following.
་
•
Red Green ... Curry Stuff, English Cucumbers Garlic Ginger, Young
Old Horseradish, Shai Indian Cora Letence Oicras Onions, Bombay
Green
"
J Shanghai
Potato, sweet
Japanese » Americon
That the wood for match sticks: Parsley should be of better quality, that
it should not be so brittle and that each box should not contain more) Pumpkin
Ehubarb (French) than 60 sticks; that improvement a should be made in regard to the Trips Punti chemicals used for manufacturing
(Long)
matches; and that the designs of Watercress
the match box should be improved, Vegetable Marrow nderIn regard to the third point, the Water Lily Boot
report suggested that English Spinach 1 words be employed.
HK. Govt. 32% Loan par. b. Wallace Harpers $4′′x."
Tomatoes
Mushrooma
Heart Kidneys
Sucking Pigs
Order Sact, Beef Snet, Beet
No. 1
FISH
Barbel
Canton
Fresk Water Fish
Codfish
Crats Cuttle Eish Dace
Frogs Fels Conger
Eels Fresh Water
Eels Yellow Garoups
Herings
th:
Gudgeo
Halibut
8: Lobster
Mackerel
6
6
Mallet
1.60
65
Oysters
2 Fench
6 Pike
3 Plaice
· 4.
Promfret, White
4
Promfret, Black Prawas
Roach
Salmon
Shark “Shrimps Turtles *Tanch
Small Fresh watas
Soles
༤ ར༠༤ ན ར༼d ར ་ ༦ཚ* ******898=888*8###48 9*3#*=*=*=*88885 8#A9 ****S** * 18399*98*88*888*8*899*8**=888 200XAÑAEX=88 188AARA" 8888|{NAA8 198 188 87A8 A8BK8|| A |ABBAK ) | ANSABÀ9985388988*88* a
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