1936-10-06 — Page 7

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised - Capital

..::$50,000,000 |

Immed and Fully«Paid-up -- 23,000,000 | Raseru Fundac

Sterling ... $,500,000

Hong Kong Currency

Basers

*****- $10,000,000

Reserva Lisbility of Pro-

prietors

THE OFC, HANG TONG

- BOARD OF DIRECTORK.

Hon. Mr. J. J. Paterson,

G. Makin Esq, Dupuy Chalem.

THE CHARTERED BANK OF ININA, AUSTRALIA & CHINA

HEAD OFFICE; LONDON

Paid-up Capital Baserys. Fund

Reserve Liability of Proś

juietors

Aloe Bar

Cele

Agencies and Bras

TH

Hon. Mr. W.H. Bell, J.R. Masson. Ente] Comman

A. H. Comptan Esq., L. E. Poarce Eng= |Dat

Hon. Mr. S. M. Dodwell,

J. A. Plummer Bag, inter

Hon. Mz. M. T' Johnson,

4. L Shields Esq.,tions an

V. M. Graybum, Esq

CALCUTT

CULGEHO

DATZEK

POOCHOW

HAIPHONG

HAMBURGE

НАНКОТ

MAZAN «HONGILT

POH

JOHORE

KURK

KOWLOOK

KUALA LUMPER

-LUNDOR

LAYUNI

MALAUCA

MARIA

2LUÁR (Johans) MUK

NEW YORK

YELPINGG

PENANG

MANGOUN.

SAIGON

DEN FRANCOBICO

SHANGHAI

SINGAPURE

SOURABAYA

SUNULI PATUNG TIENTSIN

TOLYO

THINGTAO YOEDHAMA

Carmel Ascoate opened in Zoral Cursery and; Flawć Dagon plin de que me at her periody in Lama). Currency and. Shaling on Wes PAKO we w** SAFE DEPOSIT BOXES in Hong Kong, 24th Februszy, 1936.

HONG KONG SAVINGS BANK

The Businom of the show Beak ja sonduct- BANKING COBIVAATIOS,

FOR TAX 20KG ZONG AND SHANGHAI BAKLING" "CORMINATION,

V. K. GRATBUKK

Hong Kong, 24th February, 1936.

THE BANK OF EAST ASIA, LTD.

_£10,000,000.00

Xew York

Foreign Emlunge and Gunsoca) Kambing Cams Accuske opanel, and Tand

THE CHINA MATE 1

COMMEREST AND FINANGING

SUPPLEMENTARY EXPENDITURE

Votes Before Finance Committee

ITEMS AFFECTED BY FALL

IN EXCHANGE

At to-morrow's meeting of the |Legislative Council 'H E the Governor will present for the com- sideration of the Finance Commit- tee of the Legislative Council: the following items of supplementary expenditure:-

(1) Passages and relief of desti- tutes. $1,500. The calls on this

«OCTOSERS, 1935

LOCAL SHARE

· TO-DAPS QUOTATIONS

The following was the lat local share quo

@ Banka

EK. Bok 11510 b. $1615 1. EA (Loc Ben AI B Chartered Bank $153⁄41⁄2 zt Mercantile Bank A. and

*14* Mercantile Bank C. S141⁄2 n. Bank of East Asia. $80 h.

*Ingurances

Canton Ins.- $270 1. Union Ins. $580. China Underwriters $1. n. China Fire Ins... $462 m.

Shipping

-Douglases $50-nu^*

vote during 1936 were much heav5. Fire Ins. 3255 B. lier than anticipated; and it is es timated that a further sum of $1-International Assce. Sh.13% 500 will be, required to cover ex- penditure to the end of the years

(2) Repairs to Kowloon City The Bank's BPM on the Dustin mudartelui ·

Extensive damage PROTECT of Bris Elbasan) Da vrecy Pier, $7,000. meme which may be semeiatsed ni ma nas caused to the pier by the "A BREABLET,” typhoon of August 17, and it is Manager proposed to begin reconstruction

immediately;

Ágataìm sod Besandos.

Hong Kong, 1st January, 1935- THE CHINA & SOUTH SEA BANK,

·LIMITED

*(Incorporated-in Chína) Head Office-Shanghai *Capital

$7,500,000.00 Eeserve

* $1,500,000.00 Branches-All Important Cities

China

(3) Transport, $300. Charges in- curred by the Temporary Inspec tor of Vacant Tenements

(4) Personal emolument in sid pf Army funds in respect of the services of the Adjutant of the //--Volunteer Defence Corps at the rate of $200 per month, $1,000;

Tanigu Exchange and General Banking Buk Current and Saving Lortiente "opotel Taal bestod as zuber which wil he quoted ́un sapčiantion.. BOU ZA, CHẨNGGA

Deponte 201ved in one juve de titele po

HONG LOKUMMANERE 36. Da Thés Potel. Cartes)

Managuť's Offort women

Foreign Exchange Dept. Green Omeg

Cashier's O

Bemere and Undinded. Protiss manā 2,00%, 8 Đả

HEAD OFFICE:-HONG KONG.

THE WING ON BANK LTD.

Head Office? Hong Kong

(5) Incidental expenses, Govern- ment Analytical Laboratoy, $40. Owing to the increase in commer cial work performed by the labor- Jatory the Sampler has been re- quired to do more travelling, with a consequent increase in travelling expenses;

(6) Maintenance of lunatics at Canton, $3,000. There has been Jan increase in the number main- tained at Canton at the Govern- ment's expense. No provision was

26, Des Voeux Road Central/made for this additional outlay Authorised Capital $10,000,000

LONDON BANKERS;— Westminster Bank, Ltd. A

and it is anticipated that, a fur ther sam of $3,000 will be requir

Foreign Exchange and every desed to cover expenditure to the end 55cription of halking business transact of the current year;

(Royal Observatory's sub- Current Accounts and Savings Ac-¡scription to "International Meteoro- The counts' opened. Fixed Deposits logical Organisation, $IX. Hon. Sir Shu-son. Chow, Chairman, /ceived at rates which will be quoted amount ériginally, voted has proved Trusteeship & Ezeditorship under insufficient owing to fall in ex- Wong Chu Som, Log, and Em Tias taken. Safe Deposit Boxes for hire, change;

** Dej Yarus, Band, Consent.

BOARD OF DIRECTORS -

La Koon Gap, Zag- P. K. Kuik. Hog. Wang Ian Tong, Baq- Chen Ching Shak, Engu 24 Ima

Amay

Bateri

BRANCHES AND AGENCIA I—

Xanda

Xelbozza

Xaw Zack

Onk

Semarang

Sippe Bosching

Syda

Puping

Ban Frantam

Yokohama

1

on application.

"PHILIP GOCKCHEN, Chief Manager

THE

Water-Metres

(8), Upkeep and repairs of Wa ter-metres, Hong Kong, $10,000. Į There has been a large increase in

AMERICAN EXPRESS COMPANY, the number of installations, and

Inampocated with Limited Liability\in C,Sh

Head Office:Ĝs, Broadway,

*New York

Evsey - descrizion of Booking and Surpina Booms womed came graded approved Darren Lameche ognani in Lomni Ourame

Capital

Reservo

BRANC

en wecko wiziok will his qantel on soplimation.

Gale Deposit Bones ze Ze

FAN WONG 20,

Amatuedeix

Genes

The Magos:

4

Flamines Hav

Bomber Eersela Cairo

Interjakan

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1980

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

Yen 120,900,000

Head Office: YOKOHAMA

Branches and Agencies at

Alexazidria

Bangkok

Bataviz

Berlin

Bombay

Calcutta

Canton

-

Hofi

Nagasaki

Nagoya New Yo

Oxalis

Paris

Peiping

Dairen (Dairy) Rangoon

Fenztien (Mukden) Rio de Janeiro

Hamburg

Hankow

Karbin

Hong Kong Honolulu

Beinking

Karachi

Kobe

London

Los Angele

Menila

counts.

San Francisco

Seattle

Seatrang

Shanghai

Singapore Sourabaya

Sydney

Tientain

Tokyo

Taingiza

Yingkow

London. A

11. Liverpool. Colombol 7) Lasserna. Kopenhagen

Edinburgh Xiprepo

Monte Carlo Manila

Montex

the funds voted for the purchase of spare parts have proved insud- Bcient owing to the fall in change: MW

(9) Upkeep and repairs of Wa- The S.$5,000,000.00 ter-metres, Kowloon, $3,000.

2,210,3448ame remarks as above apply;

897,612 63 (10). Water metres for Kowloon water-works $7,000. The demandi has been greater than anticipated, and in addition the cost of metres has been increased owing to the lower sterling value of the dollar, drainage (11) Miscellaneous

The ba- works, Kowloon, $8,000. Lance-remaining in the original vote is insufficient to meet the cost: of storm water drains and sewer extension to new building lots now being developed;

Pana Pmping Rotterda

Shangha Southampton.

Tintin

~Yokohama

Z

Branches of American Express] (12) Electric lighting, City, Hill Company in Principal cities of United District and Shaukiwan, $6,000. States of America and Canada.. To meet cost, of additional street lighting, including that of new

All classes of Commercial Banking King's Road. Transactions undertaken.

The total amounts to $45,858, Personal investment accounts hand-and items 3, 5, 6 and 12 are to be met from the savings accounts

Ied

The Company offers to intending concerned. 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

Interest allowed for Carent A- Latest Quotations

Deposits received for fixed periods

at zabes to be obtained on spy:lien-

G. KISHINAMI.

Singapore

LOCAL DOLLAR RISES

Silver Prices Firm

The local dollar has risen 1/16, opening on demand this marring at 1/2 18/16.

From "Spot silver was steady at (20 1/16, while “forward”, was also

Brm at 20-1/16, XU

The London on New York cross- MESSTE. H., B. Joseph and Co. rate was quoted at £-US$4.91% Manager have received the following que-as compared with £US$4 Hong Kong, 11th September, 1985 tations from Singapore in Straits 93% while the New York an

THE

SHANGHAI COMMERCIAL &

SAVINGS BANKS UNITED (Inorporated in China);

Capital příd up .............. *$5,000,000. $67.500.000. Capital Savings Dept. $500,000. Reser Savings Dept. $400,000.

A Bank having as its mission the finstrial developments on China and the fostering of her commercial relations Abroad.

6 Queen's Bond Central

Currency for Baw Rubber:- London cross rate was quoted at Spot 27% h. Unchanged.. £-UE.$4.91%, as compared with Nov.-Dec. 275% h. Unchanged. {#-US$4984-**** Jan-March 27%; b. Unchanged. Apr-June 27% 3%. Unchanged. Market: Firm

EMPIRE EXHMITION FOR GLASGOW

CHINA COTTON AND YARN:

According to the China Cotton and Tara Company, 2,200 bales of "Spot" yarn was taken off the London, To-day-At largely Shanghai market yesterday, which attended meeting in Glasgow yes-resulted in yarn soaring to $207 terday it was decided to hold an this morning. Buyers are still con- Empire Exhibition in Glasgow in centrating on "Spot," and as ́s ra- 1988. The exhibition will be held the prices for #Forward” ame

ically

| in “Bellähouston✨ Pai

Wireless Service;

HK Steamboats Ș4 n. Indo-Chinas (Pre£), $50 3. Indo-Chinas (Def.). $20 m. Shells (Bearer) $115/134_me Union Waterboɛts $12 n..

Docks, etc.

HA. and K. Wharves $11544 H.K. and W. Docks $131⁄4 ni Providents (Old) $2 n Providenta (New) 30–cts_1" Hong Kew $160 m. New Engineering Sh1⁄4 1. Shanghat Docks-Sh.$81% n.

Mining

Kailan Mining Ad 11/9 n. Langkats (Single) Sh.1325' n. S'hal Exploration. Sh.32-1. Shanghal Loans Sh.$2 m.

Vent's Goldfeld $5 b. Antamoks $6.05 a Atoks $110 m.. Balatoes Gold 64 cts; D. Balatoes $25 x

B.

LONDON MARKETS OPTERISTIC

Mr. Morrison's Spe

At Geneva

REDUCTION DE TRADES BARRIERS

London, To-day.

Yesterday's events, including Italy's devaluation of the liza and, modification of the import restric- tions, Mr. W. S. Morrison's impor- tant speech \ _at":"Geneva, '-' and the French - Minister of Com- merce's announcement that France, following Saturday's reduc- tion of tariffs and the aboli- tion of some import quotas, is elaborating a Customs tariff-from which quotes will be entirely ex- ¡cluded, have created a favourable impression in London, and the mar kets generally have had an optim listic tone.

Great prominence is given in the papers to the speech delivered at. Geneva yesterday morning by the Financial Secretary to the n. Treasury in the commission of the Assembly which deals with social and economic questions. Mr. Mor- rison emphasised that the opinion expressed by the League's Econo- ic Committee, that currency ad- justment could not bring lasting jimprovement unless it were accom-

panied by relaration of direct and - indirect import restrictions in the shape of quotas and exchange cons itrol, and declared that the reduc-i tion of 'barriers so as to allow im- ports to adjust their price levels was the logical concomitant of card {rency`realignment.

Benguet Consol. $23-n. Benguet Exploration 44 cts. Big Welge 83 cts. 1. Consolidated Mines 104 cts. ni Demonstrations $1.63 m.

Gold "Creeks 50 cta. 1. Gold River 12 cts.

1po Gold 38 cts. s.

IX.L. $3:40 D Itogons $3.55 xa.

Mambulo 70 cis, n.. Masbate $1.06

83.

Northern Mining 51 cts. a. Baracale Gumaus $170 3. $1-

60/.80 x2:

Salscot 18 ets. n. San Mauricio $5.80 82. Santa Rosa 17 cts. n. Suyoc Consol $1.24 n. United Paracales $3.85 sa

Lands, Hotels, etc. HK. and S. Hotels $5.85 b. HK. Lands $41 n-

H.K. 4% Debentures 105% n Shanghai Lands Sh$13 n! Metropolitan Lands Sh.$10 n. Humphreys 391⁄2 sz. HK Realties $5.80 n.. Chinese Estates $78-n. China Realties Sh‡i n. China Debentures Sh.$60 1. Public Utilities

H.K. Tramways $121⁄2 k. Peak Trams (old) $61⁄2-x. Peak Trams (new) $2% n. Star Ferries $95 2.

Yaumati Ferries $221⁄2 ni C. Lights. (Old) $14.20 bi C. Lights (New) $11% s. HK. Electrics $544 b, $5432

Macao" Electrics $201. Sandakan-Lighės $8.30 n. Telephones (Old) $301⁄2 ï. Telephones (New) $11.90 n China Buses Sh$11% n Singapore Tractions 27/- n. Singapore Pref. 27/- a.`

Industrials

Malabon Sugars 391⁄21⁄2 n.

He undertook to submit two re- solutions to the Commission, one dealing with a rednetion of trade barriers and another in favour of] {a League enquiry into the-commer-i cial access to certain raw mater- ials-British Wireless Service.

NEW YORK SHARE MARKET

Profit-Taking Absorbed

ONE MORE DAY OF STRENGTH

Messrs. White, Weld and Com- pany, New York Correspondents for Mesars. S. E. Levy and Com pany report

2

CANADIAN PACIFIC

OFFERS YOU

2 WAYS

HONG KONG

TO

PACIFIC COAST

-17 DAYS HONG KONG TO VANCAUVER

via the Direct Express Route

18 DAYS HONG KONG TO VANCOUVER,

via Honolulu, “the Paradise of the Pacific”,

Then across Canada...through the World Famous Carstens Bockies. Lake Louise, Banff zo, to Montreal or Québec: connect with Canadian Pacific Trans-Atirutic Liners via Sheltered St. Lawrence Seaway-to Europe."

29 DAYS HONG KONG TO UNITED KINGDOM connections).

Or if you prefer, quick connections can be made to points

to or through the United States.

For Information Apply To Your Own Agent Or

Canadian Pacific

SEANS THE WORLD.

Tel. 20752

HONG KONG MARKET PRODUCE APPROXIMATE RETAIL PRICES

Oct. 4, Oct.

Oct.

1935 1918

1936 1918

Cts. Cts.

POULTRY.

BUTCHER MEAT.

Beef Sirloin

Ib. 32

Chicken Capons, Small

Dock

Large

Doves Eggs, Hen (cook

ing) Eggs, Hen (fresh)- Fowls, Hainan

Goege

Canton

Pigeons, Canton Hakow Turkeys Cock

"Stocks: The market to-day absorbed substantial profit-taking with esse. We believe that we may expect at least one more day of strength before a technical cor- rection, but we would be ready to take partial trading profits dering the rise to-muzzow.

We believe Saipe that the market on this move might QuilTM reach at least the 180 to 185 zone) Partridge in Dow-Jones' Industrial Average. Business done?-2,080,000 shares.

“Rubber: --- With strong, con-

Pheasant

Hea

each

pet doz

exc

FRUITS.

* ***** ********PAR

daj sanna an 188816 1819

Prime Cat

Comed

Boast

Breast

Soup Steak

each

each 21

Steak Sizjoin

Sausages Bullock's Brzies

Tongue, fresh

Head

Heart

comed

Hump, Salt

Feet Kidneys Tail 2

Calves' Head

per set

Liver Tripe

8. ********9881888589” 8088 | (6998198188-8728 BÅ8811

ར ར མ ར ད ཎྜ ཎ སྤྲུ ཚེ ད ད རཧྰུྃ ར ཎ ན ན ལ རཱབྱེ ད ན ཎ

Fect Mutton Chip

Leg Shoulder Saddle

Brains Pig's. Chitlings.

Feet: Fry

per

Ib. L20

Bead

Porks Chops

Kidneys

LATES

sumption prospects, irregular har Almonds dening of prices and possibly 70 Lemons, China per cent production quota, as a re- Bananas (bride's) sult of further reductions in Carambois

Coconuts World stocks, September consump

Apples (California) tion of rubber is expected to be Lemons, American around 47,000 tons. Speculation Lickees, Dried is negligible. We would favour a Oranges (Canton) Oranges (Sweet) conservative long-side.

Pears (Canton) "Cotton:- Members of the New Oranges (American) each York Cotton Exchange estimate Persimmons, Targe the growing crop at 11,347,000 Pamelo, Siam .. bales.

"Flash:

Walnuts

Steel Mill production Grapes

for the past week is estimated at VEGETABLES, ETC. AN 75.3 per cent of capacity.

Cald. Macg. (Ord) Sh19% COMMODITY PRICES Deetroot

Cald, Macz (Pref.) Sh.$15 m. Canton Ices $220 n. Cement $12

ELK. Repes $3.90 m.

',、་་"

Stores, etc. Dairy Farms $221⁄2

Watson $4.85 1

Lane, Crawfords $654 n.

Mackintoshs 25

Artichokes

Brinjals, Green

Long

The following quotations have

Cabbage, Chinese been received by Reuter:-"

(Shanghai) Prev: Yesterday | Coraliflower Caryen) Closing Closing:

Madium) (Small)

December

Curry Stuff, En Cucumbers Garbe --- Ginger, Yomg

Old Horseradish, Shai

16686858) ISHL&T »5»81

Loin Lez

Fat or Land Sheep's Head &

Foet

Heart Kidzcyz Liver

Order

Sacking Pigs

Suet, Beef

Veal

Sausage

No. 1.

Fresh

16

Barbel

Canton

Water Fish Codlah

Crabshawes

8

Cuttle Fink

81 Dece

Frogs

B

Fils Comper 7 Fels Fresh Water

20

Eels Yellow

Herrings

New York Cotton: ** October

..

12.05

12.08

Carrots

11.99

12.03

Celery, Chinese

Challies, Dried

January

11.95

12.00

Sinceres $8 n.

March

1197

-11.99

Win Powells 40 cia: 1. Wing On (HLX.) $50 a.

Cotton Milla

11:92

11.96

July

11801137

Spot

*1235

12.48

Ewo Cottons Sh.$92 b..

Shanghai Cottons(old)

$74 TL

S2

New York Rubberz October

16:36a

16.391

Shanghai Cottons (new) Sh

ber January March

16.492

16.52

Indian Corn:

16.511

16.55n

Lettoon

∙16.59%** 16.8277

*16:67

16.703

Orions; Bombay

Lobster

16.74

16.763

+ Green Shanghai

Mackerel

Mullet

16.8in - 16.83

Parsley Potato, sweet

60

Oysters

Pandh

115 1134 99

113%

Pika

Flaice

112 $97%

Pumpkin

Banbarb (French)

944

Turnips Pant

Roach

90% 8872

90

(Long)

26%

·Wätercress

15

Shark

Vegetable Marrow

Water Lily Boot:

*110%/**

108

109

Spinatirg

108

Zong Sings Sh 120 n.. Wing On Textiles Sh.$25 n.:

Miscellanous Entertainments $3 m.

8. G. Enabugurines $1.35 n. Macao “Greyhounds”- $2" Constructions (old) $1% Constructions (new) 50 cts. Vibro Piliaz $43⁄41⁄2 xá Ch. Gost 5% 1925 G#Bdz.

HE Gart 4% Loen 2%-pe

HE Gort. 3%

July

September Chicago Wheat: December

aro Coenz

Tomatoess

Tenca Small

#⠀⠀ ⠀⠀ * 82 8 *899028 8**9*90*89898808 8949 488808

set: 90

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