BANKS
HONG KONG AND SHANGHAI
*BANKING CORPORATION:
Authorised Canital
$50,000,000
Lasted and Fully-Paid-up, 20,000,000
Beserve Fundaz—
Starting ---
***£6,500,000
Hong Kong Currency
Beste ***...$30,000,000 Seserve Liability of Pro-
prietors
$20,000,000
KEAD OFFICE: HONG KONG.
BOLED OF DIRECTORS.
Hon. Mr. J. I. Faterson,
G. Miskin Esq.
Dopita Chulema
THE CHARTERED BANK OF
THE CHIKAWAIL
EXPERT COMMITTEE ON LOCAL SHARE
CHINESE TRADE
INDIA, AUSTRALIA & CHINA GROWING MARKET FOR GOODS AND
INVESTMENT
Inorporated by Hayal Charter,, 2005,
HEAD OFFICE: LONDON
London, To-day. The creation of a special committee of ex ---£5,000,000
£3,000,000 perts to study the Chinese market and make practical suggestions for improving Sino-British trade was recommended yesterday at „£3,000,000 | a meeting of the Overseas Committee of the Federation of British Indusities, at which the decision to send Mr. W. M. Kirkpatrick to China was welcomed.
Faid-up Capital Reserve Fund -.******* Reserve, Lizhbility of Pro-
prietors
Agencies and Branches: Xampton
Mari 1
Bangkok
Calcesse
Kai Lempar Sungspor
Hon. Me. W.H. Balt, J.E. Maison Esq-me, an A. H. Comptos Fag, T. E. Pearce Eag. | Diam Hon. Mr. S. M. Dodwell.
J. A. Plummer. Eaq-|Bubb
Hon. Mr. M. T. Johnson,
MOT
A. L. Shields Esqu} V. M. Grybam, Esq. Chint aange
BANGEON
HATAYIA
SHENICO
COLOMENO
FOOCIOW RALPHONG
MANKOW
HALAIM
XDAGI TR
FOLLO
JORGHI
KOBE
KOWLOOK
ARANCES
ICAL 20MPUR
LONDON LIONE
TRANCE
XUAR (Juhorn)
MURORA
NEW YORK
From Lock
[Posing)
Tongim
While the committee recogniseć
that in certain lines it would pro- NEW YORK SHARE
bably be impossible for Daited Kingdom exporters to regain, the.. Įposition held in the past, they.be-| lieved, on the other hand, that China in the-future would pro- vide a growing market for capital investment and goods, which wasį Forsiga, Tashangs and Grement Banking balikely to involve long credits. Oradea Actuate spread and Bast: Depois large contracts and heavy expen-j |roduced dec_nam`year (or aburme puciada, në zona
diture, and the presence of Mr.) clams Kirkpatrick would doubtless en-
Hartsh
The Band Offen in Londen wadderíašma
and Trustee
morency Bestin
Laginoes and. Bespalum
MARKET
September Quarter Earnings
MARKET REACTION MAY BE RENEWED Messrs. White, Well & Com
won which out he meriahdiable the Export Credits Guarapany, New Fork Correspondents tee Department, where necessary for Messrs. S. E. Levy & Com- to modify or extend the lines on pany, report which they have extended credits in the past-Benter.
PENANG
A BREARLEY,
Manager.
KANGOCE
SLIGON
Beng Kung, 1st January, 1955,
BEST PRANCISCO
SHANGRI
BING &RIKK
SOGRAJAYA
SUNGSI PATANJ
TIENTEIN
TOKO
TSINGTAO
TOKOHAMA
Cat bengala opened in Tomi Quemoney and Flasd Dupont mustrid. de que yate or director periods in Lom) Curvexy und Burling on suc
*** KET SEKSIT BOXES in Recious minos TO LEI.
Hong Kong, 24th February, 1936.
HONG KONG SAVINGS BANK
- by * HONG KONG AND BHANGSZAL BAXLING CORPORAZZOK,
Bains sang
FOR THE BONG KONG AND SWANGEMI MAKING CORPORATION
V. IL GRAZBUKK,
Hong Kong, 24th February, 1986.
THE BANK OF EAST ASIA, LTD.
katherland Capital ..
Capital uma
$90.000.000.00
Reserve and Undressed Probia — ZMENGAT
Ticz:-HONG KONG.
HEAD OFFICI
30, Da Vaux Bond, Castiel BOARD OF DIRECTOLL.—
Hon Sir Shoo-son Chow, Chairman. Lien Chen, Zej, P.-E. Kwok. Ins. Ten
THE CHINA & SOUTH SEA BANIK,
LIMITED
(Incuspacated in Chma) Head Office-Shanghel
$7,500,000.00 Beserve
$1,500,000.00 Branches --All Important Cities in
Foreign Exchange and Gemersi Banking Boalnem
LOCAL DOLLAR STEADY
Silver Prices Firm
Flashes: The following are exta- ings for the quarter ending Sep- tember 30th. of this year, compar ed with earnings for the quarter of last year.
1995
SEKU
MARKET
TODAY'S QUOTATION
ised
CANAD
TIK Bank $1655 b HT (Loa. Beg) £104. Chartered Bank-$14% n. Mercantile Bank A. and R.
59134-1.
Mercantile Bank C. £14% a Bank of East Asia #33`ne
· Insurances
Canton Ins. $265 m. Union Ins. $595 b... China Underwritess $1 mi -China Fire Ins. $452, n.
H.K. Fire Ins. $255 n. International Asson. Sh.$$3⁄41⁄2(1)
Shipping
Douglases $30.1. ELK.. Steamboats $63⁄4% D. Indo-Chinas (Pref.) $35 Indo-Chinas (Def.) $36 b. Shells (Beurer) 118/131⁄2 m. Union Waterboats $12 n.
Dock, etc.
HE. and E. Wharves $110 b.
110% 32.
H.K. and W. Docks $13% Providents (Old) $215 k. $2.15;
Providenta (New) 20 cts. Hong Kew $160.n. New Engineering Sh.34 z. Shanghai Docks -Sh. 311⁄2 m
Mining
Kilan Mining Ad. 12/6 z. Langkais (Single) · Sh.1344°n. S'hai Exploration Sh.$2 n. Shanghai Loans 8h.12
1986
Consolidated
Edison Com-
pazy
29
.04 per share
General Mo-
The local dollar is steady, open-↑
tors Corpora tiem
.75
.66 per share
demand this morning United Bis-
cuity
:
$7
55 per share
Raubs $12 11.
Venz: Goldfeki 36 hi
.72
55 per share
Antamoks $7î n.
Niagara-Hud- son Power Corpora-
.04
Cutemo and Bering ánocent woord sadding on Depomme muurwed for one year or sister periode at 1/2 13/16 jas "conss whink wit he`quoind`on_applaaskofta
You An G
HONG KONG BRANCHE 16. Das Vaez Jost, Conn.,
Genel Olles
THE WING ON BANK, LTD.
Head Office: Hong Kong 26, Des Voeux Road Central Authorised Capital $10,000,000
LONDON BANKEES: Westminster Bank,. Ltd. Foreign Exchange and every den cription of banking business transact
ed.
"Spot" silver was steady at 19- General 15/16, while "forward" was also Foods. firm at 19 15/16.
The London on New York cross-{ rate was quoted at £-U.S.$4.88%.! as compared with US$4884 General Railway Signal Company.
tion
.06 per share
while the New York on London. cross-rate was quoted at 4-US. $231,335 $282,035. Ttl earnings Westinghouse Electric Company. $4.89-1/16.
as compared withị
| £—US$4.88-15/16.
| $3,185,728. $2,557,452. Ttl ́earnings: jhave been announced:-
The following extra dividends Consolidated
COMMODITY PRICES Edison
The following quotations have! Current Accounts and Savings Ac-[been received by Reuter:-
Fixed Deposits re-}
Tes Ten, E. Chêm Ching-Sink," Enghe La "zên counts opened.
Fang Lag Wong Cha Bon, Zaq, and Iceived at rates which will be quoted
Prev. Testerday) Closing Closing
Po. Dag
on application.
Lung Po, `Eág, Chind Marig La Ime Fang.
Bombay.
BRANCHES AND AGENCIE —
Kania
Zenitie Kelbaars
Satharang Napki
Trusteeship & Executorship under-New York Cotton: taken Safe Deposit Boxes for hire. December 11.56
PHILIP GOCKCHIN, Chief Manager.
11.72
January
11.57
11.72
March
11.65
11.75
May
11.69
11.80
Colou
Besley
July
11.65
11.77
Bengon
Pagat
Tokyo
T
THE MERCANTILE BANK OF INDIA, LTD.
October
11.19
11.30
Spot
12.01
12.16
New York Rubber:
October
16.480
December
Custo
Hola's Xob Kowloon Londo
„Bracy dhomatytion of Banking sod Exchang
Chitwan Loomcata upamed. Jus Loul Carmory and Park Deposita. Tonacted_for_one_FOR__IN] - shorter patioda "la Looni and Terrigs Cuerosnivan
so nice which_will be quoted en appliancin
Bada Deposit Down To Let
RAK TONG FO
HELD OFFICE:
15. Genebrach Show Lesion ELA
Authorised Capital ...£3,000,000 Subscribed Capital ... 1,300,000 1,050,000 Paid-up Capital ... Reserve Fund & Rest 1,247,830
BAN TAS
The Bank of England & Midlood Bank, Lid
BRANGICES:
Xarebi
January
Chad Manager.
1.6.770
16.52
16.812 16:54n 16.81
114% 100
March
May
16.59a 16.84 16.61a 16.89
July
16.67
¡September
16.71n
16.910 16.98m
New York
Chicago Wheat:
Pinang
December
115%
.116
(Mauritia)May
113%
July
99%
Chicago Corn: December
947% 90
85%
110%
1084 1093
Bangkok
Bombay
Coloutio
Colombo
Bola Basru
Delk Galla
Euala Lipis
How
Singapore
HONO ZONG RANCIL
T Clugan insond.
Truses and Exsentacskája, modertakan.
„Yen.130,800,000
July
THE YOKOHAMA SPECIE BANK
LIMITED
Established 1880
Capital (foil paid-up) Yen.200,000,000 Reserve Fund
Head Ofee: YOKOHAMA
Branches and Agencies at
Alexandria
Moji Nagasaki
Port Louis
Bogucn Kuala Lumpur Shanghai
Esetan (Pahang) Sings! Kadcas
Every desplan asking and Exchange May
INTEREST Lowed on Current Amounts and Winnipeg Wheat: |Fixed Deposits at Xatan that may be ascerisiant 100 application.
October
Bangbok
Bateris
Berlin
Bombay
Calcarts
Canton
Dairen (Dainy)
Kaguya
New York
Osaka
Peiping
Rangoon
Fengtien (Mukden). Bio de Jengira
San Francisco
Hamburg
Hankow
Harbin
Sextile Semarang
Hong Kong
Shanghai
Hobolala
Singapore
Sourabaya
Sydney
Isinking
Karachi
tobe
onden
JOE Angeles
Tientsin Tokyo
4
Interwet allowed for Greena. Áð
Deposits received for fred periods t rates to be obtained on appřem-
G. KISHINAME,
Hong Kong, 11th September, 1986.
THE SHANGHAI COMMERCIAL, & SAVINGS BANK LIMITED
(Incorpora
Capital paid up
Capital · Savings Dept. Reserve Bavings Dejž
be indos
2. IESNEDY,
17. Qavea's Bond, Canizal,
Boog Kong. Rik July, 1985,
December May
AMERICAN EXPRESS
COMPANY
TRAVELERS CHEQUES
IN US. DOLLARS
AND STERLING
CAN BE CASHED
THE WORLD OVER
Company 25 cents per share. General
Asphalt Company Sears,
Roebuck.
50 cents per share.
Company $1.75€ per, share. The Boeing Aeroplane Company thas earned 75 cents per share for 1the quarter ending September 30th, compared with a total loss lof $164,173 for the same quarter
of last year.
The U.S. Steel Corporation has learned 84 cents per share for the quarter ending September 30th. compared with a total loss of $1,305,205 for the same quarter of last year.
Messrs White, Weld & Company, New York Correspondent For Messrs. S. E. Levy & Company, report:-
Stocks: The extent of the pick- up today on a small volume of business suggests only a technical rebound and we believe that the 95% reaction will now be renewed. 90% After expected favourable
steel 87 [news has been digested, we would take the opportunity to liquidate 111 farther. The long-term bullish 100% outlook is unchanged and we feel 110% that the current reaction, if ex- Itended further will greatly im- prove internal market conditions. Eusiness done:-1,310,000 shares.
Wheat: Trading" was "fight, but the cash market is firm. The Western Belt and also the South are in urgent need of rain, while the lack of moisture in Western Canada is becoming serious. Pur- chases, of wheat on ary recessions promise good trading profits. Total sales-12,665,000; bushels,
Corn: The December position is reflecting the cash demand and and favourable husking weather. The amall country stocks leave the short-side for December mattrac- tive. We would confine short sales of distant positions to bulges. Ar- rentine arrivals continue to be heavy,
Bubber The moderate increase in the quota strengthens our belief that the Quota Committee is foll flowing conservative plans and this should succeed in the gradual bet tering af prices
RAW RUBBER
Atoks $1.18 82.
Balatoes Gold 59 ets. n.
Balatoes $25 1.
Benguet Exploration 35 cts. n.
Benguet Consol, $25 m
Big Wedge 8911⁄2 cis sa:* Consolidated Mines 10% cts, sa. Demonstrations $1.70; m
Gold Creeks 50% cts Gold River 12 cis, n. Ipo Gold 40 cts. n. LXL $4.05
Itogons $4.05 n
Mambulao 90 ets' sa. Masbate $10 mi Northern Mining 47 cts. p. Paracale Gumans $152 ». Salacot 17 eta. 1. San Mauricio $6,85 sa Santa Rosa 16 cts, n. Suyod Consol $1.21 n. United Paracales $33% sa Paracale Gold 84/86 ets, sân
Lands, Katris, etc.
H. and S. Hotels $6.20 b. E. K. Lands $40 s
H.K. 4% Debentures 105% Shanghai, Lands Sh.$13 n. Metropolitan Lands Sh.$10 n. Humphreys, 49 m
FLK. Realties $51⁄2 n. Chinese Estates $72 m. China .Realties Sh.#4 *. China Debentures Sh.$60 1. Public Utilities
HK Tramways $121⁄4 h. Peak Trams (old) $614 m. Peak Trams (new) $2 n. Star Ferries $93. n.
Yaumati Ferries $24 b.
C. Lights Old) $14.65 b. 14.65)
sa
C. Lights (New) $11 b. and sa ELK. Electrics 45311⁄2 b. Macao Electrics: $20 m. Sandakan Lights $3.30 n. Telephones (Old) $29 b. Telephones (New) $10%" b. China Buses Sh$111⁄4 n. Singapore Tractions 27/- n. Singapore Prež. 27/- n.
... Industriais ----
Malabon Sugars 191⁄2 n.
b.
Call, Maeg. (Ord.) Sh$194. Cald,, Macg. (Pref) Sk.$15-m. Canton Ices $2.20 3. Cement $1160 b. HKM. Ropes. $6.90 m.
Stores, etc Dairy Farms $22 Watson $4.85 1. Lane, Crawfords $63⁄41⁄2 2. Mackintoshs $5 n. Sinceres $3 z Wm. Fowells 40 cia n. Wing On (HK) $50 *.
Judy Cotton Mifs Ewo Cottons Sh. $11 12 Shanghai Cottons (old) Sh
29. The Shanghai Cottons (new) She
$46
Zoong Sings Sh. $16 z Wing On Textiles Sh. $25 n
- Miscellaneous
8. C. Enterprises $1.85.2.
Mesars. H. B. Joseph and Co. [Yesteršžný / received the following 10 Macro „Greyhounds": 1
quotations from Singapore in
THE AMERICAN EXPRESS CO., INC.
Incorporated with Limited Liability in USA.
No. 4, Des Voeux Road, Cen
Spot
Jan.Mar. Apr./June
Nov/Dec.
Market
provement
Constructions (Old) $134_n.. Constructions (law) 42%1⁄2 ets Vibro Piling 457% z- Ch. GOTL 5% 1925 GIBL.
HK GOTL 49% Lom/8%% prem
HE GOT 34% Loan par, b.. Wallins Harpers $4 Davakes 62 cte sa
HONG KONG
TO
PACIFIC COAST
17 DAYS HONG KONG TO VANCOUVER
via the Direct Express Route
18 DAYS HONG KONG TO VANCOUVER
via Honolulu, "the Paradise of the Pacific"
29 DAYS HONG KONG TO UNITED KINGDOM (via direct cons
EMPRESS OF ASIA
SAILS FOR VANCOUVER via SHANGHAI & JAPAN-
AT NOON
FRIDAY, OCTOBER--30th.
For information Apply To Your Own Agent Or
Canadian Pacific
SPANS THE WORLD-
Tel. 20752
BURNS PHILP LINE
M.V. "NEPTUNA” DUE 11th NOV."-
PASSENGER & FREIGHT SERVICE TO
AUSTRALIA
SAILING 14th NOV.
for Saigon, Man, Sandakan, Salaman,
Sydney & Melbourne
First Class Fare to Sydney:
Single: £47.10.03. Return: $76,
Passenger & Freight Agenta
GIBE, LIVINGSTON & CO., LTD.
*&:0. Building
Joint Passenners: Agenta z
NIPPON TUSEN KAISHA
King's Building.
NACEL BLADES 50
Nacel blades ar lished favor
their
qualify Don't gamble blades. Buy No
be sure of many
smooth shaves from every blade.
lit three-peg razor
NACET
MADE IN ENGLÁND
ET
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