1936-12-03 — Page 12

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital ......$50,000,000 Lesand and Fully-Paid-up. 20,000,000 Esserra Funds:-

Sterling

Hong Kong Contrancy

THE CHARTERED "BANK OF INDIA, AUSTRALIA & CHINA

Intoptanit, by Rajal. “Charter,” 19. HEAD OFFICE: LONDON

6,500,000

|Paid-zy Capital ..........

Reserve Fund.

$,000,000 £3,000,000

$20,000,000

werve Liability of Pro- prietors

$20,000,000

Reserve Liability of Pro-

prietors

1,000,000

Agencies and Branches:

Aloe Bler

Beseria

HEAD OFFICE: HONG KONG).

BOARD OF DIRECTORE.

Hea. Mz. J. J. Paterson, Chakates

G. Miskin Eng-

Kasson Esq;

A., H. Compton Eq. T. E. Pearce Ha

Hon. Mc. S. M. Dodiet.

A

J. A. Plumnsz Esq.

Hoa, Mr. M. T. Johnson,

AL. Shields V. M. Graphion, Exy

ANOT BANGEDE BATAVIA

CALCUTTA

•CHETO COLONIO

ZOOCHO STATPISCING

HONGLE

POH

JOBOZE

LOBE

KOWLOON

KUALA LUKIC2

LYOKI

MAXILA

MUAR (Jakomin).

NXW YORK

PENANG

D

▲ BREARLEY,

Manager.

Hong Kong, 1st Jämiary, 1955.

SAN ZANGEBOD

PLANOQUE

SAMON

KWANG HAT

SINGAPURA

HOURABAYA

BONORI PARAKE

TUNTO -SING CLO YOKOHAMA

Cerrast kosmain opened in Total Curcaner and

GATE

men will be que de SPORT BOXES -

ALSO TO RE

Hong Kong, 24th February, 1936.

HONG KONG SAVINGS BANK

The Desinan at the shore Bank is sondest

9: by the SONG KONG MARLONG CORPORATION,

AND SHANGRAL

Bains may

FOR THE HONG KONG AND SKANDIZAX ZANKING CORPORATION.

Y. GRAYBUZA,

Hong Kong, 24th February, 1998.

THE BANK OF EAST ASIA, LT.

&

HEAD OFFICE: HONG KONG.

3D Van Blerk, Cestesi, BOARD OF DIRECTORS—— Hoa. Sir Shoa-son Chow, Chairman. Ekson Chun, E. P. E. Kwok, Zag. Tiana FOR DO 2004 Chen Ching libai, Ing. Là Lan sằng Khong Chu 200, Zag, wad Kang

BRANCHES AND AGENCIES:-

Meie Melbourne

LUNDBORG

London

فلمين

Paris

Stencil

Bar Xack

benga

boersaga

Piping

Segu

ban froF

Sylwy

Д Toko

L'akoma

Levy desorption of Backing and Exchange Le grand am approved MALDAN ORACLES,

Gurrea coase opened” in

Los CurADE)

and Yoxed Deposite routed for Do you of aborter peciola, în „Looks and Foreign Cazzanoles

I Think wil be quoted on applican

Depost Bones To Lev.

KIS TANG ED..

Chief Lanca

THE YOKOHAMA SPECIE BANK

UMITED

Established 1880

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

Head Office: YOKOHAMA

Branches and Agracias at -

Alexandria:

Bangkok

Batería

Berlin

Bombay

Canton Dairen (Dairy)

Nagasaki

Nagoya

New York Osaka

Paris Peiping

Fenrtien (Mukden) Hangoon

Humbers

Flankom

Harbin

Hong Kong Fonclule

Etinking

Karschi

Kobe

London Los Angeles Marila

Bio de Jenetra

San Franciaco

Seattle

Semarang

Shanghai

Singapore

Sourabaya Sydney

Tientsiu Tokyo,

Ving Low

Interest allowed for Current Ac- counts.

Deposits received for fixed periods, at rates to be obtained on applica- tion.

I. KENO,

Hong Kong, 13th November, 1936.

THE

THE CHINA & SOUTH SEA BANK.

(Incorporated in China) Head Ofice--Shanghai

*$7,500,000.00

$USD0.000.00

Capital Beserta Bussches-All Important Cities in Fonsign. Lambangn and Chomural Busking Basisten

• Carter" mad. Baring, kosmatu opened and Tuni „Dipanas received for vas pour or shather padeda jai talne wriick 212, he quoted on applications

100 %. CHHO

HONG_TONG_KLATCH: 2D Y Bakke Canav Katasz's Offios

Fangs Instange Dipt. Get the

Cer's Of

|

THE WING ON BANK LTD.

Head Ofica: Bang Kong 25, Das Your Road Central Authorized Capital $10,000,000 LONDON BANKERS:-- Westminster Bank, Ltd. Foreign Exchange and every des cription of banking business trazzaci^!

Commerce and

Finance

SHARE MARKET REPORT

TO-DAY'S QUOTATIONS

Jocal }to-day."

share quotations

י

LOCAL DOLLAR STEADY

mbers. Take

EILLS PASS THIRD READING

Smith (Co The Hon MË NJ lonial Secretary) and the Hon. Silver Prices Rise Mr. RAC North (Secretary for Chinese Affairs) took the Oath of The local dollar is steady, open-Allegiance at yesterday's meeting The following was the list of ing on demand this morning at of the Legislative Council, where

the following Councillors issued 1/2 27/12.

Spor silver rose 3/16 to 21-present 5/16, while "forward" also rose) His Excellency the Governor 3/16 to 21-3/16, -

(Sir Andrew Caldecott & CAG The London on New York cross CB.B); His Excellency the Gen- rate was quoted at £ US$4904eral Officer Commanding the B. 25 compared with US$4.90s, Troops (Major. General A. W. Bar- while the New York on London tholomew, C.B. CM.G. C.BE cross-rate was quoted ab£-US- risol); The Colonial Secretary $4.90% 23 compared with U.S.$4.903.

Banks

EK. Bank $1750 b. HE (Lon. Reg.) 108 Chartered Bank £16 n. Mercantile Bank A. and

Ss2y'n

Mercantile Bank C. $147% n Bank of East Asia $53 n.

Insurances

Canton Ins. $290 b. $300 s32 Union Ins. $597 bi, $596 sa China Underwriters $1 1. H.K. Fire Ins. $260 à., $265 sa. International; Assce. Sh. $3% 1 Shipping

Dongisses $50′′.

HK Steamboats $7.40 n. Indo-Chinas (Pre) $35 1. Indo-Chinas (Def.) 336 n. Shells (Bearer)-116/3-n. Union Waterbosts $101⁄2 n.

Docks, etc.

HK. and K. Wharves $109 n. ELK. and W. Docks $13% n. Providents (Old) $1.45 sa. Providents (New) 20 cts, IL. New Engineering Sh.$4 n. Shanghai Docks Sh.$811⁄2 n.

Mining

Kailan Mining Ad. 14/- z. Ranbs $13

Venz Goldfeld $8 b.

Lands, Hotels, etc. HK and S. Hotels $5.55 1. HK. Lands $38.

HK. 4% Debentures 105. Shanghai Lands Sh. $13 m. Metropolitan Lands Sh.$10 n. Humphreys $336.1.. H.K. Realties $5.15 n. Chinese Estates $78 China Realties Sh.$4... China Debentures Shi$60 n

PHILIPPINE MINING

Current Accounts and Savings Ac-- Fixed Deposita zer| Counts opened ceived at rates which will be quoted on applicatio

Trusteeship & Executorship ander-Antamoks taken, Safe Deposit Boxes' for' kira. „Atoks

PHILIP GOCKCHIN,

Baguio Gold Balatec Mining Chief Manager.

Benguet Consol Benguet Explor Big Wedge Consolidated Mines

THE

AMERICAN EXPRESS COMPANY Demonstrations

INC.

Incorporated with Limited Liability in US

Head Office: $5, Broadway, New York

Capital

Sarpins Beserves

Ipo Gold

Universals

Para Gold

Min. Besc

1X L

Itogons

Masbate Consol.

„US$6,000,000.00 Northern Mining

BRANCHES —

397,612.55

Paracale Gumaus

Closing Rates Sales 10. Local

in Pesos Currency

275

15

13%

13

021

1.11

<

2260,244.58

Salacat Mining

05

San Mauricio

765

2.89;

Sayoc Consol

Amsterdam

Ge

Ginaga

The Lagos

Montrea

Xane

United Paracales

Dayakas

Kaplan

G. Gfields

18

Kateg

Picke

Coco Grove

.53

·Facia Proping. Bothandans

Mambilao

30

bootingom Singapor

London

Lámacywel

Beckley

Cale

Colombe

Loc

Finburgh

GODSTA

Moung Caria

Xxnich (

Tokokame Zeriuh

Branches of American Express Company in Principal cities of United States of America and Canada.

Public Utilities

HK Tramways $12.45 n. Peak Trams (old) $61% L Peak Trams (new) $284 n. Star Ferries $93 b. Yaumati Ferries $25 a. Cmighty (Ola) $13/13.10 83. C. Lights (New) $10 n.

K. Electrics $524 b. Macao Electrics $20 n.

Sandakan Lights $8.30 n.

All classes of Commercial Banking Telephones (Old) 283 p. Transactions widertalcan,

Personal investment accommia hab led.

The Company area 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. E. KENSON,

General Manager.

"HONG-KONG HILLS

Telephones (New) $20 China Bases Sh11 Singapore Tractions 277-n. Singapore Pref, 27/— n

Industrials

Cald, Macy (Ord) Sh.$19% Cald, Macg. (Pref.) Sh215 Canton Ices $2.201 Cements $11

HK. Ropes $3 8.

Stores, etc.

Ewo Cottons Sh.$15 sa Shanghai Cotton

NEW YORK SHARE MARKET

Wheat Prices Lift Sharply

believe

(Hon. Mr. N. L. Smith): The At- torney General (Hon. Mr. C G.) Alabaster, KC ORE): The Se

Skenwell, Gunnty: Const

xar Friend: That low- man was taught nearly 400 Fetis ago For Joan, ofs Toweth both it-

Cand friend**** Flaintifadarkar was before my

timm

PUBLIC AUCTION

ARTICULARS AND CONDI-

PA

TONS of the Sale by Public Auction to be held on MONDAY, the 7th day of December, 1936, at S pan, at the Office of the Pu-

NEW WESTERN blic Works Department, by Order

·PACT

Question Of British Commitments

SUPPORT IN CASE OF AGGRESSION

of His Excellency the Governor of one Lot of Crown Land, at Arsenal Street in the Colony of Hong Kong for a term of 75 years, with the option of renewal at a Crown Rent to be fixed by the Surveyor of His Majesty the King, for one further term of 75 years.

Intanding bidders are advised that immediately after the dis- posal of the lot the purchaser will be required to deposit with an Replying to an interpellation in authorised officer who will be pre-

CHINA MAIL" SPECIAL

London, To-day.

cretary for Chinese Affairs (Hon. Mr. BA North); The Colonial the House of Commons yesterday, sent at the sale, the sum of two Treasurer (Hon. Mr. E Taylor, as to the extent of the commit-hundred dollars, $200.00 in cash ments which Britain is prepared to This sum will be refunded on pay. C.M.G.); Hon. Commander G. Fenter upon under the proposed ment of the purchase price. Hole. R Betired) (Harbour Master); Hon Mr. T H., King new Western Pact, the Foreign PARTICULARS OF THE LOT Secretary, Mr. Anthony Eden, de- (Inspector General of Police)lared that he was unable to make Hon. Dr. A. E. Wellington, CMG, p statement on the subject while (Director of Medical Services) the negotiations were still pend- Hon. Mr. B. M Henderson (Dire

owever,

as possible only such obligations under the new treaty as they had undertaken under the previous |pact-Trans-Ocean Service.

ENGAGEMENTS CLEAR London: The Foreign Secre- tary was questioned in the House. The Colonial Treasurer moved of Commons regarding the condi-

Salary Alteration

tos

No, at Brig

Kaglitis

Na.

Lacalty,

"Bland Lot

Arsenal Bimot at fund

and Lockhart Bend,

1,000: 226

R

HEAVY PROFIT-TAKING Mears. White, Weld & Com

The British Government, pany, New York Correspondents tor of Public Works); Hon. Mr. J.

the Foreign Secretary for Messrs. S. E. Levy & Com-J. Paterson: Hon. Mr. J. P. Brags added, intended to assume as far O.BE; Hon. Mr. T. N. Chau; Hon. pany, report:-

Mr. M. K. Lo; Hou Mr. S. EL. Dod-l Stocks: Second-grade stocks and

well; Hon. Mr. M. T. Johnson; special situations are still in evid-Hon. Mr. A. W. Hughes; M. D. ence, although the averages declin M. MacDougall (Deputy Clerk of ed approximately to a point from Councils). which a rally should ensue unless more than a technical reaction is developing. Assuming that the

tions of intended engagements to world news overnight is not in the following resointion:

Resolved pursuant to section 6 support by armed force France creasingly disturbing, we that a rally will occur to-morrow of the Hong Kong Government and Belgium in the event of an act Business done: 2,320,000 shares. Service (Levy on Sales) Ordin-of aggression. Mr. Eden replied:

PUBLIC AUCTION. worked ance, 1936, that with effect from "The engagements of this country Cottan: Prices to-day higher on Trade and Commission the 1st day of October, 1936, until in the matter of assistance House buying. Some profit-taking, the 31st day of December, 1936, France and Belgium under the ARTICULARS AND CONDI however, appeared in May cotton both days included, that one sixth Treaty of Locarno are clearly de- TIONS of the Sale by Public at around 12 cents. We would re of the salary, if expressed in fined in that instrument. While I Anction to be held on MONDAY, commend traders, to buy on set-terms of sterling, of every officer cannot undertake, while the nego-the 7th day of December, 1936, of the Hong Kong Goremment] tiations for a new treaty are injat 3 pm, at the Office of the Pa- Wheat: The strength of the for-Service, who shall have a wife or progress, to discuss the possible blic Works Department, by Order- liberal a child under the age of twenty-provisions of that treaty, it is the of His Excellency the Governor of continued eign markets. purchases of Southern Hemisphere one years dependent on him and intention of His Majesty's Gov-one Lot of Crown Land at Tai .... wheat by Italy fears of rust dam-resident in a sterling or gold-erament that the scope of their Kok Tsai in the Colony of the new treaty Hong Kong for a term of 75 years,- age in the Argentine and the un-standard country, shall be exempt obligations in

if should approximate as closely as with the option of renewal at a settled political situation were fac (after deduction of the levy, tors which lifted prices sharply. any, and of the Widows and Or-possible to those in the Treaty of Crown Rent to be fixed by the There was some heavy profit-tak- Phans Pension Contribution, if Locamo."—-Brrish Wireless Ser-Surveyor of His Majesty the King, ing, however, late in the after-eny, or of either) from the oper- vice. noon We would recommend pro-ation of the special conversion Total rate provided for in section 2 (4) fit-taking at these levels.

of the said Ordinance during thei sales: 38,932,000 bushels.

considerable period in which such wife or child Cor: There was proft-taking after the advances of is so resident

And Eesolved further that in the last two days and there was

of such an officer, who also considerable evening-up of the case positions. December corn led thej has two or more such dependents reaction after an earlier advance. so resident as aforesaid, the ex- emption (after the said deduc- We would buy on breaks.

Flash: The American Water tions, if any) shall extend to one Warks & Electric Company earn-third of the salary.

backs

He said--This resolution

pro

DUTCH DISCOUNT

RATE

Lowest Level For Some Years

“CHINA MAIL" SPECIAL

Amsterdam. To-day..

In view of the great liquidity

of the Ditch money market the Netherlands Bank has decided, to) jed $1.72 per share for the year

ending October Sist, as compared longs to the end of the rear the reduce the discount rate from 21⁄2 with $1.14 last year.

concession to married officers with to 2 per cent, as from December

share.

The American Smelting & Refone or two dependents in a sterl-2 During the first half of the fining Company declared a dividend ing or gold standard country. The year 1936 the discount rate rose Secretary of State and members by stages from 2% to 42 per af 75 cents per share:

Johns Manville Company declar-of the Finance Committee have alot, when the turning point was reached, the rate having since been ed a quarterly dividend of 75 cents ready agreed to this motion.

The Colonial Secretary seconded, reduced in five stages, each of 3/2 land an extra dividend of $1.00 per

and the Resolution was agreed to. per cent, the rate now reached, 2 Average crude oil production

The Attorney General moved, per cent, being the lowest for the past week is estimated at and the Colonial Secretary se-some years-Trans-Ocean Service. 3,011,000 barrels as compared with conded, the first reading of a Bill Ordin- 3,061,000 barrels the previous to amend the Cremation

ance, 1935. This was agreed to: [week.

Bills Become Law The following Bills were, read a second and third time,

The Edison Electric Institute electricity production Lestimates

for the past week It 2,134,000,000 kw.h, an crease of 13.7 per cent. Jover the sne week last year.

A Bill to give effect to the change jin name, and style of the officers beretofore known as those of Direc-

US. LABOUR TROUBLE

A French Liner Affected

for

for one farther term of 75 years. Intending bidder are" sövised

that immediately after the dis posal of the lot the purchaser will. be required to deposit with an authorised officer Who will be pre- sent at the sale, the sum of two- hundred dollars, $200.00 in cash. This sum.will be refunded on pay--- ment of the purchase price.

: PARTICULARS OF THE LOT

IN

•

ધ

P

ASIA LANDS LIMITED.

TOTICE IS HEREBY GIVEN ··

OTICE

that the FIFTH ANNUAL GENERAL MEETING of SHARE- HOLDZES will be held at the of- fices of the Company, Mercantile Bank Building, Hong Kong, on. FRIDAY, 18th December, 1936, at- 280 pin to receive the report of International labour solidarity the Directors, together with 3 COMMODITY PRICES tor of Medical and Sanitary Ser- vices and Deputy Director of Me-

has caused a tangle in connection statement of Accounts for the year The following quotations have dieal and Sanitary Services.

with the longshoremen's strike ended 31st October 1936, and to the A Bill to amend the Merchant French Liner Champlain is elect two Directors and been received by Reuter

Shipping Ordinance, 1899

af Auditors for the ensuing year.

The TRANSFER BOOKS of the

January

March

Blay

Prev. Yesterday Closing Closing

New York Cotton:" December

12.17

12.25

12.01

12.06

Dairy Farms $2075 s.

11.99

12.03

Watsons $4.85 m.

11.85

11.93

Lane, Crawfords' $6 - Sinceres $3 n

July

11,69

11.78

October

1125

113

Wing Of (EK) $50 n

Cotton Mille

New York Bubber:

18.63 (December ... 18.46.

January

mutilated 18.63a

B

*1852

b.

Zoong Singh Sh.326 zi.

$5,000,000.

1,774 1,734

18.44m Shanghai Cotton (New) Sh $60 Jaly...

September 18.43-

18.430 October Wing On Textiles Sh.29% b. Chicago Wher

Miscellaneous

18.622 18.60 18.600

December

-2233/

Entertainments $3.2.

119

7,500,000. 300,000. 0,000.

1,725

Constructions (Old) $1% 11.

The Byzie TEZ

1,22

Constractions (New) 40 cts. D-

Peak Hotel

1,305

Chicago Cor: December

108

109/

M Daria.

-277-

க

For the information of. The Following list of

highest points on the Island Mainland is published:/

SHANGHAI COMMERCIAL & HER FA

SAVINGS BANK LIMITED:

(Incorporated in China)

Capital paid up

Capital Savings Dept. Reserve Savings Dept.

Head-Office Shang

MA, Baik bering

the Indmata -China and the

ISLAND

Victoria Peak

Signal Station

Mt. Parker

Mountain Lodge-

Bowen Boods

(Old) Sh.385] March

May

Vibro Piling #5.20 b...

Ch Govt 5% 1925' G. Eds. --- Kay

July FK Govt. 4% Loan 8% prem. | Chicago,

May

H.K. Govt. 4% Loans 3% prem

b.

Wallace Harpers 34čki

New York, To-day.

unable to discharge 600 tons A Pill to provide for the regis go which have strived tration, and inspection of nursing the French dockers at Cherbourg Company will be CLOSED from homes and maternity homes.

for

purposes connected therewith.

recently refused to unload the 11th to 18th December, 1936, both, liner Washington, in sympathy days inclusive. A Bill to amend further the in the America seamen's By Order of the Board, Midwives Ordinance, 1910.

A Bil' to amend the Defences

strate The latter was nut re-

(Firing Areas) Ordinance, 1935 cognised by the New York French A Ball to provide for a revised longshoremen's union, and in re- taliation the New York workers ļedition of "the" "Ordinances, and for Frefused to discharge anything a revised edition of the Begula-from the Champlain except mail tocs, of the Cology.

Council was adjourned to. De- and perishable goods. The Chan- Ipisin is taking the cargo back to cember 16.

Europe

A clash between the police and 75 strikers at the New York Docks resulted in eight arrests. Several people were injured. The strikers stoned a taxi and upset a police car at the pier from which the Messrs. H B., Joseph and Co. steamer Manhattan was scheduled 108% 100% have received the following quotato sail yesterday, after being held

9%tions from Singapore in Strats up for agenda Fr

ney for Raw Rubber"

RAW RUBBER

124/1 120% Latest Quotations From 107

Singapore

31-1/8 Up 18

Under the auspices of the Hong Kong English Forum, Mr. Luis Chan will give a general talkom Art at 8 pm on Wednesday next

L. KADOORIE,

Chairman. Hong Kong, 3rd December, 1936.- PUBLIC AUCTION

On

HE Undersigned have received? instructions to sell by Public Auction

Wednesday, the 9th December, 1936 commencing at 2.30 pal at their Sales Room, No. 25

Hankow Road, Kowloon..

A Fine Assortment of Dressed Dolls and Toys

On View from Tuesday, the 8th- December, 1936.

Terms: Cash en Delivery LAMBERT KROS.