BANKS
HONG KONG AND SHANGHAI: BANKING LUKPOKATUIN -
$50,000,000
Authorised-Capital Issued and · Punty-Paid-up.. 20,000,000 ↑ Reserve Fundis:—
Starting..........£6,500,000 Hong Kong Currency
...............$10,000,000 Reserve Liability of Pro-
THE CHARTERED BANK OF INDIA, ALĪŠIKALLASE” CHINA {
incorporated by loyal Charmer) 1853
·HEAD OFFICE: LONDON
Paid-up Capital
RASITE
|Reserve Fund
$3,000,000 „£3,000,000.}
prietors
- $20,000,000 |
Reserve Liability of Pro-
prietors
__£3,000,000ƒ
Agencies and Branches:
HEAD OFFICE; HONG KONG.
."
Aice Stat Aanuar begit
Liele Apok
Mamguon
bemarang
beremben
ambay
BOARD OF DIRECTORS. Hon. Mr. J. J. Patersoni
Chapman.
G. Mukan Esq.
Depazy Chairman.
Huz Mr. W.H. Bell, Jak. Masson Bag,(S)
A. H. Compton Esq. T. E. Pearce Eag
Hon. Mr. S. M. Dodwell,
Jumta Sucopur Singapore
Bombay
| Smartparn
Mandia
York
baphong
J. A. Fiammer 584. Marte
Hong Kong
Hon. MM. T. Johnson,
ANOT
A. L. Shields E,
V. M. Grayburn, Baq. Chist Manager.
BANGBOK
„KATAVIA HOMBAY
CALCUTTA CASTOR CHOO
DARKEN POUCHOW HAIPHONG HAMBURG HANKOW WWW.BI
ILOILO
THE
JOHURE
KOBE
HOTLOOS
BRANCHES —
KUALA LUMPUE
LONDON LYONS
MALALTA
MANILA
"NUAB (Jesore)
SOUZA KINN
NEW YORK
FELFING
PENANG *MENGOON
SAIGON
SAN FRANCISCO
SHANGHAS
SINGAPORE
SUNGEI PAWANI TIENTSIS
TOLTO
TSINGTAO.
TOKORAMA
Currasi Apponenda :epased in Level Cartancy and Fized Deporiae prouiful toe ons puse or shtetar perioda la Loosi. Curency snd Stacitng as veze irkink will be quoted on application.
4550 upam dan SATE UZPOSE: BOYES Precious tires 20 16.
Hong Kong, 24th February, 1938.
HONG KONG SAVINGS BANK
The Business of the show. Bank is spinne * by De 10ỌNG XING AND SHANBAL
BASKING CORPORATION. B-2017 samained in application.
FOR THE ENG KONG LAND SHANGHAI BANKING CORPORATION. *
V. Y. GRAYBURX,
Hong Kong, 24th February, 1938.
THE BANK OF EAST ASIA, LTD.Į
Authorisal Capital .. Paidrap Capita
-210.000.000.00
and Undivided Prosta memurā 206, BEAR
HEAD OFFICE-ECKO KONG
*10, Dr Varus Scod, Central.
BOARD OF DIRECTORS :---
Hon. Sir Shou-son. Chow, Chairman.
Le Kan Chun. E P. I I E
Charbi
Penang
Joogia
Drington
Mammagangk
Foreign Exchange, and Gosarat Banking bildew Camel Amocote opened and Fixed Depot Cooved 20% de samene perioda el 190
which will be quoted as applionion.
Commerce and Finance
NEW CURRENCY POLICY
BILLS PASSED BY DUTCH CHAMBER
The Hague, To-day. The Second Chamber vester- day passed without a division bills to give effect to the Government's лен currency policy, imposing a gold embar go, instituting a control fund. controlling the rates of ex- change, and decreeing measures to prevent the raising of prices.
The lead's lined Offer in London undertakes UPPER HOUSE CONCURS Pancutor and Trusses bonimene, d mcamay at Britis)
The Hague, Later: The Upper Zax overpold, an Imena which may wontained at any dHouse has passed the three bills Agustin and Manches
A BRZARLEY," carrying out the Government's
Manager.new currency policy, which-have|
already, been approved by the Lower Konse
Hong Kong, Ist January, 1935.
THE CHINA & SOUTH SEA BANK, LIMITED
(Incorporated in China) Head Office-Shanghai Capital
--$7,500,000.00 Rexre
..$1,500,000.00 | Branches -- All Important Cities in
China
Fasiga, Lazimage and General Benicing Busines
1ZGİNG.
Care and Saving Ammonia opened and Fixed Deposit fored for 004 year or shorter periodi which will be gated oppo
Z CHANG,
Maongez HONG KONG BRANCH : 3. De Vaux Boad, Central
Manager's Ofor
Foreign Eachangs Dept.
General Ofice Char's mos
Tai #3585 23566
THE WING ON BANK, LTD.
Head Office: Hong Kong
26, Des Your Road Central Authorized Capital $10,000,000
LONDON BANKERS: Westminster Bank, Ltd. Foreign Exchange and every des sziption of banking business transac
jed.
Current Accounts and Saving Ac- counts opened. Fixed Deposits re-
sang. Eng. Wong Cha fany Eng, and Han Ting orived at rates which will be quoted į
Pa, Eas
Esa Tang In, Esq. Chiet Manage.
Là Two Tone Elju Mazagan
FRANCRES AND AGENCIES =—
Mania
Axpey
Fateria
Melbou
Bomby
Kag
Shanghai
Calogis
New York
Onals
Haiphong
Garter
Tying
Bangoor
Saugo
Kobe
Leads
Pass
Pamang
San Francisco
Takna
Every "insacionin, of Beaking sod. Zmlunge fammenstrupnected. Leam tracted cu neproved
Corres Accuate opened in Lock Comery aze· Flavé Deposite · ssosved for ons_yuri shorter-parodą i Loosi and Yorsiga. Cuémoin on name which will be quoted an appčiantion.
Safe Zweymiz. Basse-To La
Chiat MaungE. ·
THE YOKOHAMA SPECIE BANK
LIMITED
Established 1880-
Capital (fell paid-up) Yen-100,000,000 Reserve Fund
Yep.130,900,000
Hand Office: YOKOHAMA
Alexandria
Branches and Agencies at
Moji Nagasaki
Bangkok
Batavia
Berlin
Bombar
Calcutts
Canton
Dairen (Daizy)
Hankow
Harbin
Nagoya
New York
Ozaka
Perja
Feiping
Rangoon
(Mukdez) Rio de Janeiro
Hong Kong. Honoinin
Esinking
Karachi
Kobe
London
Los Angeles
Manila
San Francisco
Seattle
Semarang
Shanghai Singapore Sonrabaya Sydney Tientsin Tokyo
Tsingtau
Tingkow
Interest allowed for Current Ac- Counts.
Deposits received for fixed periods atten to be obtained on applica
G. KISEINAMI.
Managers Hong Kong 11th Espimber, 1988-||
THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (lacorporated in, China) Capital paid up Pesertes "Capital-Saving Dej
Reserve Savings Dept. $800,000.
Head Office Shanghai
4A Bank having 18 its missión. the industrial- derdlopment - A Chine and the fostering of "ber commercial relations-abroIM Hong-Kong Office
€ Queen's Bond Central"
Phone 31116.
on application.
Trusteeship & Executorship under takes. Safe Deposit Boxes for hire
PHILIP GOCK CHIN, Chief Manager.
THE MERCANTILE BANK OF
INDIA, LTD.
HEAD GITICE:
17. Utosch B, Londen, E.CA. Authorised. Capital...$3,000,000 Subscribed Capital... 1,800,000 Paid-up Capital
1,050,000 Reserve Fund & Rest 1,247,830 BASKIES: The Beck of Englead & Killand Bank, Ltd. BRATCHES: Ipoo
handy
Bangkok
Bombay
Caleutia
Karebi
Colorado
Kota Bhar
Dethi
Kuala Lipis
Challe
Hoog Loos
Kuala Lumpur
SWISS ACTION APPROVED Berne: After a debate lasting 13 hours the Swiss Lower House, by 99 votes to 60, approved at mid- night the action of the Govern-[ [ment in devaluing the franc and placing a temporary embargo on gold-Reuter.
LOCAL DOLLAR STEADY
Silver Prices Fall
Tac local dollar is steady, opening on demand this morning jat 1/2 13/16..
"Spot" silver fell 16 to 19-15/16, while forward” also fell to 19-15/16.
The London on New York cross- rate was quoted at US$195, as compared with £-U.S.SA.- 9334. while the New York on London cross rate was quoted st US$195, as compared with USHI4%
BOGUS £900 LEGACY
Jockey Fined For Fraud
Aberdeen.
William Donald Weir, described.
38 a jockey. of Brixton, was fined £5 here last mouth for fraud.
Mr. W. McFadyean, pro- secuting, said that Weir had been employed as a jockey both in Eng- land and France. Recently a pory: racing club was formed in Kin- tore and Weir was engaged at 255 a week, all found. He was soc% Maurities discharged and given £2 to assist
him back to London.
New York
T'art Louis
Kangoo Shanghai
Fuentem (Prisegt. Simba Made
Ningsporo.
HONG KONG BRANCH.
32 deription of Beaking
CA
Travellers Cheques - iomed.
One of his offences was to bor |row money from-his landlady be left
and Tabs representing he had been
Trusts and Esscutershire andertaken.
£900 by his aunt. He also hired
INTEREST allowed on Commok Accounts and a taxi-cab for two days at 2 cost Fixed Deposita at Hatos that may be corticed ou application..
E. KENNEDY,
17. Queen's Road, Central,
Hong Kong, 4th July, 1965,
of £448.
Manager. It was stated that Weir's father: had offered to repay the money.
SAFETY ||
COAFALL ELMOLTIN3241336001248514TE
for your travel funds
The funds for your business or pleasure trip can be safe- guarded if, before leaving you have us convert them into
AMERICAN. EXPRESSI TRAVELERS CHE QUE S
They are spendábler.everywhere and no identifestion is neces- sary other than your signature. If lost or stolen, uncounter- signed, your money is refund- ed. Issued in denominatious of $10-$20,- $50, and $100. Also
in Sterling £2, 2, and £10.
THE AMERICAN EXPRESS CỠ INC.
Incorporated with Limited Liability in U.S.A
No. 4, Des Voeux Road C
SHARE MARKET
NEW YORK SHARE MARKET
Purchases May Be Held
UNDERCURRENT STRONG
Messrs. White, Weld and Com-] pany, New York Correspondents) for Messrs. S. E Lay and Com-j of pany report:-
TO-DAY'S QUOTATIONS -
The following was the list local share quotations issued today.
Banks
H.A. Bank $1810 b. H (Lon. Rec.) £102 n. Chartered Bank $15
Stocks
The market to-day" was strong in response to the recent inter- national currency developments. Prices apparently need a techni cal corrction and we might take]
Mercantile Bank A. and. B. trading-profits in part at to-mor-
5314 Mercantile Bank C. £141⁄2 n.. Bank of East Asia $30 r.
Insurances Canton Ins. $970 Union Ins.. $580 sa China Underwriters $1 China Fire Ins. $462 m. HK Fire Ins. $255 m. International Assce. Sh$3
Shipping
Douglases $30 1. HK. Steamboats $4 m. Indo-Chinas (Pref.), $30 mi Indo-Chinas (Def) $20 Shells (Bearer) 111/3 a Union Waterboats $12 n
Docks, etc. H.K. and K. Wharves $116
117'sa.
*
row's opening, but we feel that on the long pull, purchases cant confidently" he held.
Business done: 1,380,000 shares.
BOOK
NOW FOR
YOUR TRIP HOME
VIA CANADA
IN 1937
NEXT SAILING TO VANCOUVER EMPRESS OF RUSSIA AT NOON, FRIDAY,
OCTOBER 2nd
Wheat
Hong Kong
There was very little demand to-day owing to general uncer tainty in connection with the E/Canada strike situation and other out- E/Bussia standing problems. The outlook E/Japan for the long position is still good, E/Canada
E/Axia however, and we favour purchases on any setbacks.“
Total sales. 29,516,000 bushels.
Cotton
Steamer
Leave Jan
E/Russia
E/Ixpan E/Asia
E/Carada E/Russia E/Japan
The cotton-goods market has been strong and active and to-) b.day's sales of print-cloth are esti-
mated at 60,000,000, yards, HK. and W. Docks $1334 b. which is more than ten days' pro- Providents (Old) $2.30 b. 2.30/-daction. Lower temperatures in
..40 sa. Providents New) 20 cts. I Hong Kew $160. New Engineering Sh.$4 n. Shanghai Docks Sh.$81 m. Mining
Kilan Mining AL 10/6 m. Langkats (Single) Sh$3 Shai Exploration Sh2 I. Shanghai Loans Sh.52 m. Raubs $1135 b. Venz: Goldfeld $44 Antamoks $534 Ataks $110 b
Balatoes Gold 64 cts. z. Balatocs $28
the North-West of Texas are caus- ing some apprehension as to the crop in that section and there was a fair amount of trade buying on! this factor.
Flash
The Electric Light & Power Corporation has earned 28 cents per share for the year ending An- gust 31st, as compared with a loss of $158,487 for the corresponding period of last year:
Montgomery, Ward & Company, Inc. showed earnings for the
quarter ending July 31st. of 86
cents. per share, as compared with 40 ets. per share for the same! quarter of last year..
Benguet Consol $2314 n Benguet Exploration 43 b. Big Wedge 32 cts. sa. Consolidated Mines 10% cts. & past week is estimated at 75.4 per
10%/10% ets. sa. Demonstration $1.58 b. 14/65
Gold Creeks 50 cts. .
Gold River 12 cts Ipo Geld 40.cts. n. IXL $3.05 n. Itogons $3.28 12
Mambulao 70 cts. n.
Masbate $1.02 sa
Lands, Hotels, ete.
Steel mill production for the Icent of capacity.
COMMODITY PRICES
1937 SAILINGS
Vascouver
Shanghai Kobe Yokohama Honolulu Victoria
8 Mar 12
Max. 27
2 Apel ?
CADET 19
Arrite Leace Leace Leace Arrive 26 Jan. 28 Jan. 31 Feh. Z Feb. 9. Feb. 14
Feb., 12 Feb. 16 Feb. 18
Feb. 27 Feb. 23 Feb. 25 Feb. 28 Mar. Mar. Mar. 10 Mar. 12 Mar. 16 Mar. 18 Mar. 19 Mar. 21 Mar: 24 Mar. 25 April April 2 April 4 April 8 April 10 April 16 April 18 April 21 April 23 April 29-May 04 April 30 May 2 MBF 6 May
$
May 17 May 14 May 16 May 19 May 21 May 29 June 2 May 28 May, 30 Jene 3 June 5 June 12 June 18 June 11 June 13 June 16, June 18 June 24 June
For Information Apply To Your Own Agent Or
CAMBRIDGE STARS TO JOIN CARDIFF
(Continued from Page 2)
Canadian Pacific
opposition will be provided by Mr. H. L G. Hughes' team, which is
tourista.
SPANS THE WORLD -
Tel. 20752
URBAN COUNCIL MEETING
Factories Must Be Fire Proof
¡drawn from the Argentine EXTENSION OF TIME GRANTED
Cardiff is to play twice at Ree-
At the meeting of the Urban tory Field this year, and the Council yesterday, Mr. R. R. Todd,
The following quotations have Easter tour of "The Clab" breaks the chairman, announced an ex- new ground. The fixtures for this tension of time to allow licensees been received by Reuter
bring their venture being against West Har- of sausage factories tlepool Gateshead and Westor, premises up to the new standard with Seaton Carew as a centre. required.
Northern Mining 52 cts & Paracale Gumans $1.14 b., 1.15/- New York Cotton:
October .18 x. Salacet 18 b.
December
Prev. Yesterday Closing Closing
12.08.
12.00
12.15 12.09
San Mauricio $520 b. 5/5.10 sa. January
12.00
12.06
.:
March
11.99
.12.05
52.
Santa Rosa 17 cts. 53. Suyor Consol $1.29 b.
May
11.95
12.01
July
11.83
1190
United Paracales $2.92/3 ex. Spot
12.47
12.55
New York Rubber:
rts. ¿a.
Universals 59 cts. sa
October
16.08a
16.36
December
H. and S. Hotels $6.20
$6.20/10 sz
3.
January
March
May
July
16.29 26.48 16.321 16.51n
16.39 16.49a 16.56
16.59 16.66 16.75n
Chicago Wheat:
December
May
July
113 112 100/2
111
887
Chinese Estates $78 n. China Realties Sh$4 n. China Debertures Sh.$60 ́n.
Chicago Corn: December
May
943% 89%
354
90%
Public Utilities -
July
861/2
107
107
105% 107
107
HK. Lands $4034 b. $47. sa. HK 4% Debentures 105% D. Shanghai Lands Sh$13 x. Metropolitan Lands Sh.$10 n. Humphreys $94 The H.K. Realties $5.30
60 8
HK. Tramway: 3121⁄2 b. 124/-|Winnipeg Wheat:
October December Mar
Peak Trams (old) $61⁄2 n Peak Trams (new) $23⁄4'n. Star Ferries. $95.1. Yaumati Ferries $2241⁄2 n. C: Lights (Ok) $151⁄2 sa C. Lights (New) 12/12.10 sz. EK Electrics $5444 b Macao Electrics $201.. Sandakan Lights $530TMn. Telephones (OH) $31 52. Telephones (Néw) $12.10km. China Buses Sh$114-1--- Singapore Tractions: 27/7-- n. Singapore Pref. 277- n.
Industrials Malabon Sugars 591⁄2 in. Cald., Macg. (Ord) Sh 1914 IN Cald, Micg. (Pref) Shi$15. 1. Canton Icea $2.20 b. Cement $12.55 1. HK. Roper $3.30 17:
Stores etchi Dairy Farms $23 ar- Watson #4855n=" Lane, Crawfords $61⁄2 m.
Mackfatoshs: $5 Sinceres 33 n WePowells-40!ctas 203 Wing Oo (HK) $50
Ewo Cottons Sh.$10 b. Shanghai Cotton (old)
$74 b.
Shanghai Cottons (new)
$42
Zoong Sings Sh 20
The Harlequins will be captain- Speaking on the renewal, of ed this year by K. H. Chapman, food factory licences, the chair- that phenomenal placer of goals man said that it had been pointed from any part of the field. An out by the Director of Public interesting fixture on their card is Works that reinforced concrete the match with Coventry at buildings suitable for the trade Twickenham next April
were comparatively few, and al- ternatives embodying some
e form
Strong Cardiff Side
the Cardiff team this
of fire-proof construction were
The inclusion of Wilfred Wooller under consideration. It was pro- and Cliff Jones, the Cambridge posed to leave the subject over Blues and Welsh Internationals in until these proposals had been season, is laid before the Inspector General confidently expected to put several of Police. thousands of pounds into the Government Approval pockets of Welsh Eugby clubs. A letter was received from the 113 That is the conservative estimate Government signifying the appro-
of the increase in "gates" expect-val of the Legislative Council to ed to result from the inclusion of the amendment of the Markets these two players. -
by-laws set forth in the Schedule
For years, though the general to the Public Health (Food)Of standard of play has shown nojdinance, 1935, marked decline, attendance With reference to the appoint- chief Welsh club Rugby games mext of officers to act under Of have declined steadily. The rea-dinance 8 of 1935 (section 2), the 105% son has been a dearth of outstand-Chairman reted that the Council. ing personalities, great individual approved of the appointment of players who could capture the the Colonial Veterinary Surgeon," imagination of the public.
the Assistant Colonial Veterinary
RAW RUBBER
Latest Quotations From
Singapore
Fitting Example
Surgeon and Dr. G. W. Pope, J.
It is hoped, also, that the advent M. Gray, and K. C. Yea of the Cambridge players will have A number of applications for
རྒྱུུ!
·Those-present at the "meeting
a profound influence on the play food licences were refused. of Welsh clubs generally, for not Messrs. H B. Joseph and Co. two better men could have been besides the Chairman were the have received the following quo- chosen to illustrate the superiority Chairman), Hon. Mr. A. G. W. Hon Dr AR. Wellington (vice." tations from Singapore in Straits of attack over defence. Currency for Raw Rubber:--:
Spot Oct/Det. Jan./March April/Jine
Market:-Firmer.
Buyers.
Through recent years Welsh Tickle, Hon. Mr. T. H. King, Mr. players have concentrated more C. Hall, Dr. A. de Castro 27 Up and more on negative tactics. Basto, Dr. Li Sha-fan, Mr. az el 27 UP day there is no place in the King Arculli, Dr. & N. Chat, Mr. W. N. 27 Up1⁄2 dom where defence has been Tam, Mr. E. Wong Tapt, Mr C. 27% Up. 2 brought to a finer art. But skill Champkin, and Mr. C.. J. Roe (Se-
in attack has become merely acretary),
Wing On Turtles Sh $25 ́n.
Miscellaneous Entertainments $3.1: SEC. Enterprises $1.85 1. Macao "Greyhounds” 42 a.. ConstractionsTM (old) $1% x/ Constructions (new) 50 etan Vibyo Piling $42 m. Ch. Gort. 5% 1925 G#Bds Sh1004975 2.
Difficult Tank
Wooller and Cliff Jones are ex- WOMAN WITH LOST MEMORY pected, by precept and example, to
change all that The one danger After being found wandering at is that opposing sides will con- Hyde, Isle of Wight, a married centrate still farther in working woman, aged between 30 and 65. out schemes of defence, at which was last month in they are undoubtedly adept with Hospital, sufferi
the County the result tast Jones ad Woolier, memory,
*** like many good men before them,
will sink to the level of the aver
HK+Govt. 4% Loan 8% premage Welsh player, because their more promising this year then Shelped him.
activities will be so impossibly hiss event beer hefonas barkise restricted
punt of really,
ELK Govt 32% Loam par. b. Wallsce Harpers-
The Welsh outlook,
No comments yet.
Private notes are available after approval.