1936-12-09 — Page 7

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

· Authorised Capital ...............$50,000,000 Issued, and Faily-Paid-up. 20,000,000 Beserve Fundaci

Starting ....£ 6,500,000

Hong Kong Currency

Banesto ......$14,000,000 Reserve. Liability of Pro-

pristics

HEAD OFFICE --HONG KONG.

BOLED OF DIRECTORS. Hon. Mr. J. J. Paterson,

G. Miskın Esq.

Deputy Cana

THE CHARTERED BANK OF ÷INDIA, AUSTRALIA & CHINA

Incorporated, The Begal Chucase, 2868.

·HRAD ́OFFICE: LONDON

Paid-up Capital

Reserve Fund soonerne

| Reserva, Lisbility of Pro- |u-prietors

THE CHIRA MATE VEDNEDA

New York Share Market

Messrs. White, Weld & Goms pany.

PER $1936)

New York Correspondent SHARE MARKET

for Messrs. S. E. Lery & Com pady, report

REPORT

irregularly The Following was the

The local share" - quotations--isaned

Stocks: The trend of the stocks market to-day was higher, with leaders better. .53,000,000

$2,000,000 volume of trading, however, was to-day-

small. The Bethlehem Steel Cor £3,000,000 poration to-day declared a dividend of $1.50 per share. This is the first dividend by this. Company since 1932 and it may-farther re- vive interest in the heavy indus- tries. We would advise the hold- jing of trading positions:

Agencies and Branches:

Sangsom bagon

Baryandan Shang Dingspers SILATER

Bourabaya

$20,000,000

Alor Žiur

Bangkok

Mlang

Laimuth-

Usvapets

Kasia Lamper

Cobu

wing

Lovube

Lalka

New Lock

Topuk

kissburg

Talagio

1999 Harbin

11. B. Masson Esqu

A. H. Compton Esq. I. E. Fearce Bag,

tion. Mr. & M. Dodwell,

J. A. Plummer Eaq.,

Sca. Mr. M. T. Johnson,

AL. Shields Esq. V. M. Grayburn, Esq. Chel Munge

ANY

EOE

MINTAVIA

DRAMAY

CALCUTTA

CARIOS

CUTEABEDO DELKER

HALFHUNG

MANKUW

BAKKU

HOMA KJETI

wolo

JORDRY

KUBK

BUWLOON

AGALA SUNFOR

J

LUNDON LICEN

KALAUCA

MANILA

MUAB „FORCE)

الحمل المطالبة

AEN TURK

PELPENAS JERANS

X3000X

VRANOM

LAD FRANCISCO

AHANUMAI

SINGAPULE

SOUKAMAYA

BUNURI PATANI

TALNAWAK

20120

YOKOHAMA

Catrons komanda opened la Laml Overmany and fael Lamputato zonasted her the your e shariat code in Lamal Cugnacy and Matting on becau watch will be quoted in Applian

ALSO = ****** LATE PURIT BOXES

Tucson « TO LEL

Hong Kong, 24th February, 1936.

HONG KONG SAVINGS BANK

The Dualaren at the shore Back is conduct alby the LONG LUM AND SHANGHAI Bules may ** BLEKING CORPURATION.

EDNG A SHANGHAI YX GRATBUKK,

FOR THE BANKING COMPURATIUK.

Hong Kong. 24th February, 1936.

THE BANK OF EAST ASIA, LTD.

Aubriand Capital

Fuse Cased Profits

Brand Undivided

Trong trung

Zakoname Zamboanga

Fængs Inshenge' and General Seaking' business

** Curica__ Accorzan, seaned and Fad Deposit

(zvouret ine ana quae at shorter persada se măm Į viena vili, de gunel on application.

The Dunk's Sims Other in London vadermakna

Žemaita

and

| Wwwvity at Britask. Loomans Tat output, 100.

wens, which may ha memoriained as this Agracias sod. Brazaim.'

A BREABLEY,

Manager: Hong Kong, ist January, 1935.

THE CHINA & SOUTH SEA BANK”, LIMITED

(Incorporated in China) Head Office-Shanghai

Capital Reserve

$7,500,000.00 $1,500,000.00

Branches All Important times in

China

Zorniga Kastings nos Omeral Deaking Busia "German" and "Bering, Lowowow stand und Ted Dugoutte, ranačená, for one your at shortne qwelodi

THE WING ON BANK, LTD.

-Head Office: Hong Kong- 26, Des Voeux Road Central

|

Business done: 1,620,000 shares. Cotton: The Government Burean to-day estimates the growing crop : of cotton at 12,407,000 bales and ginnings at 11,494,000 bales. The acreage, abandoned is estimated at 2.5 per cent and the area harvested at $0.054,000 acres. We are of the opinion that the market will work higher gradually.

Wheat. There was some profit-, taking. to-day, but the undertone of the market remains steady. We are of the opinion that higher; prices are in sight

Total sales: 28,850,000 bushels.

COMMODITY PRICES

The following quotations have Deen received by Keuter:

July

Banks

H.K. Bank $1780 b. HK (Lon. Reg-) £107 Chartered Bank $15% .. Mercantile Bank A. and

$3234 1 Mercantile Bank C. 514% e Bank of East Asia $85 1.

Insurances

Canton Ins. $290 b.

BERLIN SHARE MARKET

Business Extremely Quiet

(MATT.

Berlin To-day. Business was extremely quiet in the share market resterday. The trend was uncertain and the Į turnover small, but the prices wer

steadier than was generally; ex- pected, this being due to the very B. satisfactory result of the

Reichs Loan issue which has re established confidence. Another supporting faktor was the further Fincrease, in the sales of Ruhr coal, but these two': influences were somewhat counteracted "by - the | Catholic holiday and the approach of Christmas, when business ser- n.sonally tends to slacken.

Union las. $6021⁄2 b., $605 58. China Underwriters 51 1, HK. Fire Ins. $285 b... $290 2. International Assce. Sh. $3

Shipping

Douglases $30 m... HK Steamboats $7.40 n. Indo-Chinas (Pref) $35 Indo-Chinas (Def.) $36 n. Shelis (Bearer) 118/9 n. Union Waterboats. $10.

Docks, etc.

H.K. and K. Wharves $108 m.. H.K. and W. Docks $13 Providents (Old) $11⁄21⁄21⁄2 n. Providents (New) 20 cts. n. New Engineering Sh.$4 a. Shanghai Docks Sh 81% 1.

Mining Kailan Mining Ad.'14/6 n. Rauba $13 b.

Venz. Goldäeld $8 h.

Lands, Hotels, etc.

+

EK. and S. Hotels $5 boy

$5/2 Blim

HK. Lands $3874 2. * EK. 4% Debentures $105 m. Shanghai Lands Sh. $13 m. Metropolitan Lands Sh.$10 n. Humphreys $91⁄2 - HK. Realies $5 3. Chinese Estates $79 1. China Realties Sh.$4 n. China Debentures Sh.$60 m

PHILIPPINE MINING

Cleeing

Rates Sales

Prev. Yesterday Closing Closing

New York Cotton:"" December 12.22 January..... 12.07 March

12.35 12.16

12.00

12.11.

Max

11.86

11.97

Formen Inchange Dept,

Cooler's Office

*July

11.69

11.83

-

October

11.23

11.32

Spot

12.60

12.71.

New York Rubber:

December

19.10

19.29

March

19.15

19.30

Mar

19.12

19.242

19:10p

19.17

September

19.09

19.16

Chicago Wheat:

December

1259%

-12524

May

122

121%

July

108

103

Atoks

Current Accounts and Savings Ac. Chicago Corn:

Fixed Deposits reDecember counts opened. a la ceived at rates which will be quoted May

Tison application.

July

Baguio Gold

1091/

1087%

Balaton Mining

14%2

102

10134

Benguet Consol

14

Benguet Explor

.15

983%

96%

Big Wedge..

:26

Consolidated Mines

.03

May

104% xx

10334

Demonstrations

.62

Jely

99%

99

Ipo Gold

LIL

Winnipeg Wheat: December

Itogons

1.10

1133%

112%

Masbate Consol

May

114%

114%

Northern Mining

Paracale Gumaus

Salazot Mining

San Mauricio

$10.000.000 DS

2016,800-87

HEAD OFFICE:--HONG KONG.

21, Dan Tosx Hood, Centrs.

BOARD OF DIRECTORS—

Hon. Sir Shou-son Chow, Chaizuman.

F. K. Kwok, Zag, If Loom Chen, Lash, Chung bai zat Cang, Kat Wong Chu 206, 244, sot

Yan Tang,

Kan Tang Pa. Beg, Chief Managetic La Ist boug. Eng, Maangst.

BLANCHES AND AGENCIES.—

Bomber

Canson Lithog Bankore tiocolaès

Jobe Korom London

Mandia

Mabourse

tentio

Bagand

Semarang

Shangh

Som Xark

Deska

Елкарни Boseman pu

Tane

Peiping

Prendy

BADOOR

Penger

Ban Francisco

Slow

Spany

Vancouver Yokohama

Zvery eption of Banking and Exebangs Brokinase wasmened. Lance grated an approved

Curros Aco.in opsovë' la

Currency

m Fixed Depoule reovad · for one. J • ahmetar persona lao Leoni and Forsiga Carvencias to same which will be quited: co "naplosion.

Deposit Boxes Ta leme

TONG PO

**

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1889

Capital (full paid-up) Yem.200,000,000 Beserve Fund

Yen 180,900,000

Head Office: YOKOHAMA,

Branches and Agencies at

Alexandria

Bangkok

Batavia

Berlin

Bombay

Calcutta

Canton

Dairen (Dalny)

Moji Nagasaki Nagoya

New York

Osal

Útarm

Paris

Peiping

Tokyo

Fengtien (Mukden) Rangoon

Hamburg Emakow

Karbin

Hong Kong.

Honolula Esinking

Karachi

Kobe

London

Los Angeles Manis

Elo de Jenetra

San Francisco

Seattle.

• Semarang

Shanghai

Singapore Sourabaya Sydney:

Interest allowed for Current. Áo

Deposits received for fred perioda

at rates to be obtained on applica-

Y. KAMO,

Manager.

Hong Kong, 18th November, 1986.

THE

SHANGHAI COMMERCIAL &

SAVINGS BANK LIMITED..

(Incorporated in Calus)

Capital paid up

Reserves

$5,000,000. -$7,500,000.

Capital Savings Dept. $500,000. Beserve Savings Dept. $500,000. Ve Eload-Office-Shanghai 20

A Banic heving as its mission the industrial - development - China and the fostering af bar commercial relations ziosk/

• 4,5 Queen'■; Rend Centza

25-Phone-21118.

Authorised Capital $10,000,000

LONDON BANKERS: Westminster Bank, Ltd. Foreign Exchange and every des cription of banking business transact

Trusteeship & Executorship under Chicago Corn: taken. Safe Deposit Boxes for hire.

PHILIP GOCKCHIN, Chief Manager.

THE MERCANTILE BANK OF

INDIA, LTD.

HEAD OFFICE:

15. Grönchnech Biel Landon, ECS. Authorised Capital ...3,000,000 Subscribed Capital Paid-up Capital

1,800,000

1,050,000

Reserve Fund & Best 1,247,590

BANKEES :

The Bank of England & Edland Bank. Yıl,

Bangkok

Hombay

Caloutis

Colombu

Delhi

Galle

Houg Long

HOW

BRANCH:

Ipob

Бели

Beta Fourt

Earls Lipple

Kuala Langa.

Saw Zork Развит -Port Louis

(Mauritius) Rangoon

Zumetan (Falang). Simla

HOBO KONG TELECHL.

Singapore

Evey deseription of Banking and Exchange

|buzione transacted.

Travalo Chuar. Samod.'

Trusts and Exsostorships voderteken. INTEREST allowed on Current Accounts and Pised Depot at Baim that may be suomiained OR SYPLÁZNION.

F. Conan's Bond, Canizal,

Bong Long Nak July, 1986,

I

AMERICAN EXPRESS

LOCAL DOLLAR

STEADY

Silver Prices Fall

The local dollar is steady, open- ing on demand this morning at} 1/2 27/32

"Spot" silver fell 1/16 to 211⁄4, while forward" also declined (1/16 to 214.

The London on New York cross- rate was quoted at -ULS.$49034. as compared with £-U.S.$895%, while the New York on London cross-rate was quoted at £U.S.- $4.904. as compared with £-US- $4.90.

Travelers Letters of Credit

For the rise of travelers an vacation or business trips throughout the world.

THE AMERICAN EXPRESS CO, ING

Incorpore

neral Fore

Agents for

-Limited Liability in U.S.A Voeux Road, Central

NEW YORK

Antamoks

10 a Loca?

3.15

36

Fized interest securities perienced little change, the demand i for German bonds being slight and the market for foreign bonds uncertain.

SAILING TO MANILA

EMPRESS OF "ASIA

DECEMBER 16th-

HONG KONG

ΤΟ

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”

Call Money was quoted at 24 to 29 DAYS HONG KONG TO UNITED KINGDOM (via direct connection)

3. Young Loan was unchanged" at 102, Reichsbank rose to 1864. 167, Dyetrusts were down. I to Salzdetfurth Potash weakened. by 1 to 185, United Steel Works de- clined by 4 to 120, German Mineral Oils were lower at by |1891⁄2, Simenshalske declined

12 to 194 and Bemberg Rayon weakened by 1 to 107.- Trans- | Ocean Service.

SITUATION IN THE PACIFIC

-

(Continued from Page 4)

Pacific ports Seattle, San Francisco, Los Angeles and San Diego are naval bases or Istations and army or navy air fields and coast defence stretch from the Mexican border to Canada.

Panama Canal

The Panama canal has been in Pesos Currency ringed in with

bristling wall af steel 16-inch guns, 12- inch mortars, air fields, and a further programme of canal defence at a cost of $25,000,000į has been planned.

3412

Suyor Consol. United Paracales →→ 11.05

Public Utilities IK. Tramways $12.15 r. Feak Trams (old) $6%1⁄2 x Peak Trams (new) $2% n. Star Ferries $92 b.

Yaumatic Ferries $25 n. C. Lights (Old) $15:30 n.. C. Lights (iew) $10% = H.K. Electrics $534 b. Macso Electrics $20 n. Sandakan Lights $8.30 1.

Telephones (old) 58 siêu Telephones (New) $10 m China Buses Sh.$113⁄41⁄2 2. Singapore Tractions 27/- n. Singapore Pref. 27/- 1.

Industrials

Cald., Macg. (Ord.) Sh.$19% n Cald, Macg. (Pref) Sh.$15 2. Canton Ices $2.20 n. Cements $11 p HK. Ropes 35

Stores, etc.

Dairy Farms $204 m.

Watsons $4.85 12.

Lane, Crawfords $63⁄41⁄4 n. Sinceres $3 n.

Wing On (RK) $50 z.

Cotton Milly

Ewo: Cotton Shi$14:30:2 Shanghai Cotton (Old) Sh$85

Shanghal Cotton (New) Sh$60:

Zoong Singh Sk,526 n.

Wing On Textiles Sh.332 b. *Miscellaneous

Entertainments 23 2

Constructions (OM) $1% m Constructions (New) 40 cts. n. Vibro Filing 1571⁄2 b.

Ch. Govt 5% 1925 G.$Bds.

"Kad Gort, 45% Loan"8%" premi

be

Ben

Out in mid-Pacific the Hawaiian island of Oahu, long: the keystone of America Paci- ffic defence structure, is being American developed into an Singapore.

For some years past-parti- cularly since 1930- Pearl Har- bour, near Honolulu, has grÓWN in world importance as a naval base until to-day in strength and facilities it is probably the peer of Singapore and is even! more important strategically.

Prohibited from fortifying or developing the Aleutians, cury- ing southwestward from Alaska toward the Japanese Kurils. America has nevertheless made most careful surveys of the

group.

The navy has recently taken jurisdiction over a number of little atolls stretching north- not- westward from Hawaii ably over Kure or Ocean island, Midway and others.

--

Planes Tell Story Pan American Airways planes and naval planes have (Continued at foot of next Col).

KIWVI

BOOT POLISH

KIWI

BBOT

45% Loan -3% prem CLEAN your shoes regularly wid

frous supervwax, and pers:36

-REICHSMARK QUOTATIONS

merk was quoted, without tee, as follows :-)

dazm

London

(ENTRAL

"STEV

12144

1105432

KIWI

EMPRESS OF JAPAN

ZAILS. FOR VANCOUVER, viz SHANGĦAL: .

JAPAN & HONOLULU AT NOON FRIDAY, DECEMBER 11th.

For Information Apply To Your Own Agent Or

Canadian Pacific

SPANK THE WORLD

Tel. 20752

Bring Your

HAPPY HOURS Home with

You!

Pictures will preserve the best moments of your happy hours. Whether you use snapshots or movies you'll find everything you need at the MAYEN COMPANY. A selection of cameras and complete stock of necessary, supplies reasonable prices.

Specialists

DEVELOPING and PRINTING

STUDIO PORTRAITS

Appointments arranged

MAYEN COMPANY

Queen's Road, Central-

Tel:278917

(Continued from Premous Column) Gävite, have not escaped this skipped from stepping stone to preliminary activity. stepping stone, from Hawaii to No actual Increases in forth Wake to Guam (both of the fications have been made here, latter two under naval jurisdic but the army has sprinkled air tion) and surveys have been bases from one end of the made and colonies maintained larchipelago to the other, the on (to establish Americam northernmost being close to sovereignty) such tiny pinheads Formosa And. Major, General in that vast area as Johnston Douglas MacArthur has begun and Baker to efectuate plans for a large Howland falands almost on the equa Philippine, standing army, an Kingman-reef, Palmyra impressive air force and a fleet Fanning - and Jarvis of small,

pedo

Philippines,

In the