1936-09-18 — Page 7

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital

$50,000,000|

Lasued and Fully-Paid-up. 20,000,000 | Reserve Funds:-

Starling ........£ 6,500,000 Hong Kong Currency

Reserve......$30,000,000

Baserve" Liability of Pro-

prietors

HEAD OFFICE: BONO LONG.

---——

DOLED OF DIRECTORS.

Hon. Mr. J. J. Paterson,

THE CHARTERED BANK OF INDIA, AUSTRALIA' & CHINA

P

incorporated by Begal Chariot,, 2352. "HEAD OFFICE: LONDON

Paid-up Capital

.......£5,000,000

Reserve Fund

$3,000,000

-$20,000,000)

Reserve Liability of Pro-

prietors

£3,000,000

Agencies and Branches:

· Alar Sear Amritase

Zlože Apoù

Bangoon bugan

Domy

Cotton Cawnpor Cas

Als Lamper

www

Mhanghai Sagajons NEW Berre-layo

haw Lock

haiphong

A. Plummer Eq

Hamburg Harbin

Belingto

Bong Song

G. Miskin Esq.

Deputy Chairman.

Hon. Mr. W.H. Bell, JR. Masson Ea

A. H. Compton Esq., T. E. Pearce Eage Dela Hon. Mr. S. M. Dodwell,

Hon. Mr..M. T. Johnson,

AMON

A. L Shields Esq, V. M. Grayburn, Esq. Chin Maungat,

BRANCHES.

HATAVIA

CANTO:

COLOMBO

DAIBE

HANKOW HARBIN

FLORLO

NGKE

JOHORE

YQUE

KOWLOOK

TEALA LUMPUR

LUNDON ZYOSS

MALACCA

KANILA

MUAR (Johore) "

MUDIAN

NEW YORK

PELFING

PENANG

SOOOX

SAIGON

SAN FRANCISCO"

SHANDBA

SINGAPORE

SOURABAYA

SENGEI PATANI

TOKYO

TSZMOTAO

YOKOHTUMA.

Curresi Aobanas opened in Local Cumsögę nad Hard Deposilu proščíná, for our zwar or shorter pertoda in Local Gummy and Breeding on mAZIN which wil be quoted on application.

41,30 up to date 6AFE DEPOSIT BOXES in

THE CHINA-MAIL,

EPTEMBER 18, 1936

ommerce and Finance

LOCAL DOLLAR

STEADY

"Spot" Silver Falls

The local dollar is steady.

opening on demand this morning at 1/24d.

"Spot" silver fell 1/16 to 19 7/16, while "forward” remained steady at 19 7/16

The London on New York cross- rate was quoted at £-U.S.$5:- 063%, as compared with S-US- $5.06%, while the New York Foreign Exchange and Gabweni Banking businLondon cross rate was quoted compared

Carrier Ancoosts spened and Foxed Deporte at received, 'ice tow your "an shorter perioda DU MOINS. which will be quoad es application.,

The Bank's List Office in London undertakua Strestor and Tynda business,” meddling BEGOVICE Ci Brillas Income (Faz sverpaid on term which may be ascertainant st any of ins |Agracies and Beaches

A BREARLEY,

with

as

U.S.$5.06%

US$5.06 7/16-

RAW RUBBER

on

Manager. Latest Quotations From

Hong Kong, 1st January, 1935.

Singapore

Messrs.

H. B. Joseph and

THE CHINA & SOUTH SEA BANK, Co. have received the following

LIMITED

Capita! Reserve

quotations in Straits currency from Singapore for Raw Eulber.

Buyers. (Incorporated in China)

Spot Head Office-Shanghai

263% Unchanged Oct/Dec. ..$7,500,000.00

27 -da- 1-$1,500,000.00 Jan.,March .......... 2734 -do- April/June 27% do

Market:-Quiet.

Hong Kong, 24th February, 1986. Branches-All Important Cities in

·HONG KONG SAVINGS BANK.

The Parinams of the above Bank is condan- Hughes HONG KONG AND SHANGKAI BATING OGEPORATION,

sklabond_on__application.

TUB THE HONG KONG AND SHANGHAI BASKING CORPORATION.

V. 12. GRAYBURN,

Chief Manager.

Hong Kong, 24th February, 1936.

THE BANK OF EAST ASIA, LTD.

Authorised Capital Paid-up Capta

+$30,000,000,00 Abo

Reserve and Cadivided Profia — 1,685 266352

Chiza.

Foreign Exchange and Genses? Dunking Busine

Ceca and Saving Accoutte opened and Pined Deponita recurved for van zong or shorter pericula ná ze which will be quosad on application.

SOU Z CHANG.

Mang

HONG KONG BRANCH:

De Ve Boad, Central. Alutager's Office Forgs Exchange Dept.

Cartier's Olling the 1% Satis

28506

18.09

THE WING ON BANK, LTD.

BRITISH FLAX INDUSTRY

London. To-day-The first crop of hemp to be grown in Britain is now being harvested at Billing in Sorthamptonshire as part of an experimental effort to revive the British fax industry. Despite an unfavourable season the crop is reported to be highly satisfactory. -British Wireless Service.

Head Office: Hong Kong 26, Des Voeux Road Central Authorised Capital $10,000,000

LONDON BANKERS: Westminster Bank, Ltd. Foreign Exchange and every des- Hon. Sir Shou-son Chow, Chaizman. |cription of banking business transact-was

Fo, E.

AEROT

Batavia

HEAD OFFICE:-ZONG KONG.

20, Des Your Boad, Ceutral-

BOARD OF DIRECTORS:

Kan Teng Fo, Esq. Chint Manager, Là Lan Fong, Zog. Managat.

BRANCHES AND AGENCIES:-

Combay Clos Canton Baphong Katika

Hanila Melbourne

Nagki New York Duk

Sensale Samaring hanghai NEPO Sourabaya

Paiping,

Lovelaska

Taiboks

Kobe

Bangpa

*W

Kowloo

leon

Tokyo

ban Francisc

Vancouver

Loodos

Yahakama

Évery dription of Backing and Expobange

REICHSMARK QUOTATIONS

Berlin, To-day-The Reichsmark

quoted yesterday, without) guarantee at: New York, 10.22; Current Accouts and Savings Ac-Paris. 611.00; Amsterdam, 59.26; counts opened. Fixed Deposits reland London. 1258. Paris quoted ceived at rates which will be quoted the Pound sterling at 76.33 [on_application.

LOCAL SHARE MARKET

TO-DAY'S QUOTATIONS

The following was the list of

share quotations

local to-day.

Bank

issued

HK. Bank $1605.b. HK (Lon. Reg.) £102 n. Chartered Bank $15% n. Mercantile Bank A. and B.

£3134 m Mercantile Bank C. 141⁄2 i Bank of East Asia $80 n.

Insurances

Canton Ins $270 IL

Union Ins. $57% 5.

China Underwriters $1 n. China Fire Ins. $462 n. EK. Fire Ins. $255 m. International Assce. Sh. $81⁄4 Shipping

NEW ADVERTISEMENTS

रहे

KOWLOON CRICKET CLUB.

ANNUAL GENERAL MEETING of Members will be! held in the Club House FRIDAY 25th September, 1936 at 5.30 pm.

on

By order of the General Com mittec,

Y. C. LABRUM,

Hon. Secretary-

- NEW YORK SHARE MARKET

Volume Of Business Small

UPWARD MOVEMENT SHOULD CONTINUE

BOOK

NOW FOR

YOUR TRIP HOME

VIA CANADA

IN 1937

NEXT SAILING TO VANCOUVER EMPRESS OF CANADA AT NOON, FRIDAY, SEPTEMBER 18th.

Steamer

Canada E/Russia E/Japan

Messrs. White, Weld and Com-

E/Canada E/Engin pany, New York Correspondents Japan for Messrs. S. E Levy and Com- E/Asia n.pany report:

E/Canada Stocks: The volume of business E/Eussia to-day was small, but we believe

E/Japan that the upward movement will

El Asia continue over the next day or two. We still feel that trading profits should be taken if the September 8th. high levels are again reached. Business done:-770,000 shares.

Wheat: The Trade are

good buyere of imported wheat and com- petition for Canadian supplies is more apparent. The basis of the market continues good and condi tions warrant short-covering all set-backs. Total sales:-27,016- 000 bushels,

Douglases $30 n. HK. Steamboats 54 n. Indo-Chinas (Pref.), $30 Indo-Chinas (Def.) $20 a. Shells (Bearer) 110/72 n. Union Waterboats $12

Docks, etc. EK. and K. Wharves $118 să. HK. and W. Docks $181. Providents (old) $210 b. 212

7.20 53.

Providents (New) 20 ets. L Hong Kew $185 1

New Engineering Sh$4 ne Shanghai Docks Sh.$8136 n

Mining

E

Kilan Mining Ad. 10/- a. Langkats (Single). Sh.$3- S'hai Exploration Sh.42 n. Shanghai Loans Sh$2 a Baubs $1135 b. Venz: Goldfield $43% b. Antamoks 35.80 şa. Atoks $124 LL

Baguio Gold 65 cts. s. Balatoes $24.

ป

O

Corn: Open interest in Septem- ber corn amounts to 4,700,000 bushels.

Cotton: The recent rains in Texas have been damaging on the balance. Sales of cotton-goods con- tinue to be encouraging and we are. optimistic for the outlook until the early months of 1937. The position after that may be un- certain owing to the possibility of increases in acreage.

Flash: The Fennsylvania Rail- road Company has earned

Benguet Consol. $2334 ex. div. Benguet Exploration 47 cts, Big Wedge 81 cts.

sa.

Consolidated! Mines 10 cts. Demonstrations $1.53 n.

t.

$1.20 per share for the seven months. ending July 31st., as compared with

to

Gold Creeks 50 cts. n.

Gold River 12 cts. n.

Trusteeship & Executorship under-76.96, and the U.S. dollar at 15.18 taken. Safe Deposit Boxes for hire. 7/8 to 15.19%-Trans-Ocean Ser-

PHILIP GOCK CHIN,

Chief Manager.

HONG KONG HEIGHTS

For the information of visitors

baltzested.. Loans grailed of sped the following list of some of the Cun&ccounts opened in Local Derhighest points on the Island and shorter periode in Local and Fesign Cuci Mainland is published:

and led Deposita essered for cus 2007 or

arm which will be queted on application.

Halo Depasis Boum To Let

FAX TONG PO,'

THE YOKOHAMA SPECIE BANK

LIMITED

Feet

ISLAND

Victoria Peak

1,823

Signal Station

1,774

Mt. Parker ....

1,734

Mountain Lodge

1,725

The Eyria.

1,725

Established 1880

Peak Hotel

1,305

Mt. Davis

Yen 130,900,000

Bowen Road (filterbeds)

ZTI 297

MAINLAND

Feet

Branches and Agencies at

Alexandria

Moji

Taimoshan Kowloon Peak

Bangkok

Batavia

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

Reserve Fund

Head Office: YOKOHAMA

Berlin

Bombay

Calcutta

Canton

Dairen (Dalny)

Nagasaki

New York

Nagoya

Osaka

Peiping

Rangoon

San Francisco

Seattle

Semarang

Hamburg

Hankow

Harbin

Hong Kong

Shanghai

Singapore

Sourabaya

vice.

FREE STATE TRADE IMPROVES

Bigger British Share

for July, 1936, show that imports Irish Free State trade statistics

for the month. were £3,438.472, compared with £3,071,556 in July, 1935. Exports were £2,029,715 [against £1,687,076.

Imports from Britain in July were £1,669,243, and exports to Britain £1,633,219, compared with £1,645,864 and £1.408,660 in July, 1935.

Total Free State imports for the 12 months ended July last ware £38,308,615, and total exports £21,109,774. For the 12 months ending July, 1935, imports were 3,124 £37,826,207, and exports £18,- 1,971 507,621

THE

Fengtier. (Maiden) Rio de Janeiro

AMERICAN EXPRESS COMPANY

INC.

Incorporated with Limited Liability in USA.

Honoinla

Hainking

Karachi

Kabe London

Los Angeles

Manila

Sydney

Tentdia

Tokyo

Tsingtau

Yingkow

Interest allowed for Current s

counts.

Deposits received for fand periods at rates to be obtained on applica- Moz...

G. KISHINAMI,

Manager. Hong Kong, 11th September, 1938.

THE

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

Capital prid.upsamn Reserves

187,504,000,

Capital Savings Dept. "£500,0OM, "Reserve Savings Dept. $600,000.

Head-Office-Shanghai.

A. Bank having mat Emasfaniem the industrial development en "China and the fostering of her

commercial relations abroad. Hong Kong Office

4. Queen's Bond. Central Phone 31116.

REICHMARK TRAVELLERS

CHEQUES

ON SALE AT

ADVANTAGEOUS RATES

Office:

No. 4, Des Voeux Road

Central

Ipo Gold 40 cts. n. Itogons $3.12 sa. IXL $3.20 ¤-

Mambulao 80 cts.

Masbate $1.03

1937 SAILINGS

Hong

Vancouver

Arrive

9 Feb. 14

Feb. 27

3 Mar. 13

Mar. 27

Kong

Shanghai Kobe Yokohama Honolulu Victoria Lecte Arrive Leate Leave Leave Jan. 26 Jan. 28 Jan. 31 Feb. 2 Feb

Feb. 12 Feb. 16 Feb. 18 Feb. 23 Feb. 25 Feb. 28 Mar. 3 Mar. Mar. 10 Mar. 12 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 4 April 30 My 2 May 6 May 8

May May 14 May 16 May 19 May 21 May 28 June May 28 May 30 June 8 June 5 June 12 Jane 18 June 11 June 13 June 16 June 18 June 24 June 293

For Information Apply To Your Own Agent Or

TEXTILE STRIKE SETTLED

(Continued from Page 1)

ри

2 April 7

April 19

Canadian Pacific

AGREEMENT REACHED Later: M. Salengro, the Minis-

186 cents per share for the corres-ter of Interior, has announced

ponding period of last year.

per

that agreement has been reached

The Chesapeake & Ohio Railroad in the textile dispute. There are Company has earned $3.25 per only a few details to be settled. share for the year ending August The textile agreement includes a 31st, compared with $2.30

6 per cent. increase in wages. It share for the previous year." is expected that the occupied fac- Northern Mining 51 cts. 52 The Public Service Corporation tories at Lille will be evacuated Paracale Gumaus $1.10 n. of New Jersey, has earned $2,46) to-day. [. Salacot 18 ets, n

per share for the year ending August 31st. compared with $2,63 Iper share for the previous year. been reached in the Lille strike,!

The Delaware & Hudson Com-which is regarded as a big triumph) United Paracales $2.40/.42 x [pany shows losses for the eight for the Government. It is felt)

San Mauricio $3.85/.90 sa. Santa Rosa 15 ets. sal Suyoc Consol $1.15 m.

Mineral Res. 64 cts. sa

Lands, Hotels, etc. HK. & S. Hotels $5.95 sa. H.K. Lands $40. H.K. 4% Debentares 105% Shanghai Lands Sh.$13 Metropolitan Lands Sh$10 n. Humphreys $92 sa.. HK Realties $5.60 1. Chinese Estates $30 a. China Realties Sh.34 . China Debentures Sh 560 1. Public Utilities

ALL-ROUND SATISFACTION Paris, Later:

A settlement has

months ending August 31st. of that if the spirit of conciliation $1,072,510, as compared with displayed spreads to other parts loss of $1.524.059 for the period of last year.

EPANS THE WORLD

Tel. 20752

"NACET

NACET blades fit all three- stad razors.

cast

MADE OF the. Snest crucible steel, NAGEKT blades a keen edge of uni- quality--an edge that never varies. Yet the price

possess form

is lcw-50 cents for 10.

Of All Dealers

“NACET“

KEST TRADE, MARKT »

same of the country France's labour Safety Razor

troubles will soon disappear.

The employers representatives.

satisfaction that the strikers have agreed to evacuate

COMMODITY PRICES express

The following quotations have the factories, and the workers" de-

legates undertook that they wouldj (been received by Beater:-

henceforth prevent occupation of factories.

Prev. Yesterday Closing Closing

MM. Leon Blum, Salengro and} Chantenps, the Premier, Minister of Interior and Minister of La- bour respectively, "went bail" for the workers on these points. -Reuter.

wage, inercase

Der

ENGINEERS STRIKE Paris: The negotiations in the textile industry ended last even- ing with a settlement of the dis- pute. According to a statement by the Minister of Interior, M. Salengro, the workers accepted a

5 of 16.62tent puitend of 10 to 40 45 originally-de- manded. They were, however, able to carry through the intention, off creating a shop committer. The occupied factories, it is understood, 116% will be acuafed to-day or fo 113% horrow at the latest.

H.K. Tramways $12 b. Peak Trams (old) $61⁄2 n. Peak Trams (new) $2 n. Star Ferries $92 b. Yaumati Ferries $22% b. 224 May

New York Cotton: October

11.97

11.98

December

12.01

12.02

January

11.99

11.99

March

1195

12:00

11.94

11.99

38.

C. Light: (Old) $15 & 15 så

{July

11.87

11.89

Spot

12.37

12.83

C. Lights (New) $1140 n.

HK. Electrics 35434 b. 55 sa Macan Electrics $20

New York Rubber:

Sandakan Lights $8.30 m.

September 16,500 |October

16.47

16.53n

16.49n

Telephones (Old) 304 b. 30 December

18.61.

16.81

304 32.

January

16,631

Telephones (New) $1080 by March

16.71a

16.71a

10/11 sa

May

16.800

16.780

China Bases Sh$114 n.

July

16.88a

16.870

Singapore Tractions 29/- n.

Singapore Pref. 28/« n

Chicago Wheat:"

September

114

December

.112%

-

111%

1127

Chingo Corn:"

September

114%

11554

December

95%

May

31%

Winnipeg Wheat:

The strike in the engineering trade is still spreading, however, since the employers did not accept the Goverment's arbitration, and 96%

a “stay-ll" strike has been, sør- 91%

ganised at many places. Trans- [Ocean Service. 12.

106

1042 106

* Industrizia A

Malabor Sugars $91⁄2 i

Cald; Macg. (Ord) Sh$19%1⁄2 = May Cald Macy (Pref.) Sh$15

Canton Tees $2.20 b.

Cement $12.10-1.

HK Eopes $470.

*Stores, etc.

Dairy Farms $2154, b. Watson $4.85 m.

Leze, Crawfords 96% a Mackintoshs $5 n. ****Sincerer $3′′ ~/Wm. Fowells 40:sta.

Wing On (HE) 450 "

mere Cotton, 1813

Ewo Cottons Su-3835 1. Shanghai: Cottons

(old) Sh

Shanghai Cottona :: (new): Sh.

$8044 £2

Zoong Sings Sh$18 n.. Wing On Textile "Sh425 m.

Pane Miscellaneous Entertainments $3-n"

October December

May

107% 106 1073%

:

SC Enterprises $1.35 m. --Macao: “Greyhounda” $2 n.

Constructions(old) #1% ± Constructions (new) 50 cós, 1. Vibro Piling 4% 5. Ch Govt. 5% 1925 GIBIL

92% b

HE Govt 4% Loan 8% prem

HK. Gort. 34% Loan par. b. Wallace Harpers $4.

The Haar Kong Stock Exchange have received a cable from Messrs

Derrick & Co„-local-; secretazios: in

Singapore of the Raub Anstralian Gold Mining Coy Ltd, announcing the output for the four (L) weeks, ending |September 12 to be 2,002 ounces.

CHURCHES TO GO

"NEW WAVE" PERMANENT

́ALWAYS A FEATURE AT

MARIE'S BEAUTY SHOPPE BANK OF CANTON BLDG. Tel: 32508 (1st Floor).

TRAGEDY OF THE DEPRESSION

Double Suicide Of Amiens Couple

A tragedy of depression was evealed at Amiens when police broke into a small grocery store and found the proprietors. M and Mme. Emile, hanged from a beamten

After 18 months of struggle, M and Mme. Emile were Approval has been received from obliged to close their store a the Ecclesiastical Commissioners few days before. They were for the demolition of eight char-faced with having to pay over- ches in the centre of Sheffield, due taxes or spending four clearance schemes having made months in gaol there redundant.

They decided on suicide.