1936-12-16 — Page 7

门

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION -.

Authorised Capitał

..................$50,000,000

fasued and Fully-Padd-up - 20,000,000 Reserva-Fanda baka

Starling ..............£6,500,000**

Hong Kong Currency

THE CHARTERED BANK OF INDIA," AUSTRALIA & CHINA

COMMERCE AND FINANCE

LOCAL SHARE MARKET

“TO-DAY'S QUOTATIONS

The following was the list of local share quotations issued to-day.

HEAD OFFICE, MONG KONGA:

COMMODITY PRICES

Mercantile Bank A. and B Spot

16, 1936

THE RUBBER OUTLOOK

Meteoric Rise

In Prices

BRIGHT PROSPECTS AHEAD

The following is a report on the rubber market by Messrs. H. B 11.75 Joseph and Company:

karu

Doen -received

Closing Closing

Zamarpastel by Kiga) “Chacias. 3805 HEAD OFFICE: LONDON

New Turk Cotter December |January

12.55

32.38

March

12.44

12.52

Banks

|Paid-up Capital

Reserve Fund

$5,000,000 £3,000,000

May

12.32

72.92

HK. Bank $1810.6.

Fansite

$10,000,000

Beserve “Liability of Pro-

prietors

$20,000,000

Reserve Liability of Pro-

prietors

£3,000,000

HE. (Lon. Reg.) £108. Chartered Bank £15% n.

July

12.20

12.12

October

13.03

13.90

Astencies und Branches:

New York Rubber:

Bangoon Belg

$32% 1.

Mercantile Bank C.

14%

December

19.10.

March

19.21

Bombay Calisertis

Sobe

Kuala Lumpur

Zaracabad „Shanghai. hingapore

Bank of East Asia $33 n.

“Insurances..

May

19.14

Casset

Sch

July

19.07

Campore

Canton Ins. $300 n.

Colema

Union Ins. $6124 b

September - 19.05n

19.$In 19.93 19.849 19.72

19.77

Now Lock

China Underwriters ‘$1 'n.

Chicago Wheat:

Haiphong

Piping

December

Hanice

Frog

Xala.com

May

July

135 129b 117b

1333 12914 1177/

Chicago Com?

December

May

1034

July

100%

108 102

974

Chicago Come

BOLED OF DIRECTORS.

Han M. J. J. Paterson.

Choked

G. Hinkin Esq. ··

Dapsky Cheściosa.

1. E. Masson Esq.

A. E. Compton Esq., T. E. Patres Esq., Gald

Hon. Mr. S. M. Dodwell,

3. A. Flummer Baq.

Hon. Mr. M. T. Johnson,

AMUX

MALAVIA

DOMAI

CALVE

CREFOO

A. L. Shieldı“Eaq.

V. M. Graybum, Bag, Chal-nougat.

CULOS BO

DKK

FUOCHICY HALPRONO

HAMBURG

HANAOK

HARNIV

HONGKEW

BALLA

PUH

JOHORE

КОНЕ

KOWLOOK

KUALA LUMPU

LONDON

LIUNG

MANILA

BELAR (Johor MUKDEJ

NEW YOR

FRIMKO

PANKSG

ALIGON

Hayberg

Harts Long mg

Fong Kong and Gama), Bocking businem trangested.

Curries Accounts sooned und. Bland Depmītn rowed to as par or aburser (perioda se zakon which will be guided on appliotec

* Bas de ofta de tom undeciakan [Exactice and Trustee bestaune, No alake.

Betlink Amazone. Zax overpaić, on socan, which mecz: In amaciafood as; mtiz về đán Agencies sod Dracsben,

A BREARLEY,

Manage: Hong Kong, 1st January, 1925.

KEN PILLNCERCA

[

DUNGEI FATAHU

20170

BINGAPORE

DOUBARATA.

IKATRIN

PRINGTAO

TOKORAKA

HK. Fire Ins. $305 1. International Assce. Sh. $31⁄4 n.

Shipping

Douglases $30 2.

HK Steamboats $7.40. n. Indo-Chinas (Pre£) $35 n. Indo-Chinas (De) $35 1. Shells (Bearer) 124/44 . Union Waterboats $10% a.

Docks, etc.

H.K. and K. Wharves $1061⁄21⁄2 1. HK. and W. Docks #13% z. Providents (Old) $11⁄4 x. Providents (New) 20 ets. n.

THE CHINA & SOUTH SEA BANK, New Engineering Sh.44 n.

LIMITED

(Incorporated in China) Hised Office-Shanghel

Carens Botonadu opped in Laval Omemory and

Capital montre Sur gra zver or shorter

Baroda 2

**** LATE DEPOSIT BOXES 12 Hong Kong, 24th February, 1936.

Juncus sa TO LET

HONG KONG SAVINGS BANK

The Blame of the show Bank is sembang- #bysh BONG-LONG AND KHANGHAI FAMLING CORPORATION. "Bulan ang ma FOR THE HONG LONG AND KRANIHAT BANKING CORPORATION

YUM GRAYBURI

Chial Manager.

Hong Kong, 26th February, 1998.

THE BANK OF EAST ASIA, LTD.

Lathe Capital

· Pied up Capisal

$10,000,000.60

Amerve sad Undivided. Protis mu$ 1,386,306.8

HEAD OFFICE --HONG KONG.

19, De Vecz Road, Contr

BOARD OF DIRECTORS:~~

For Sir Shou-son Chow, Chairman

La Loon Chit, Leg P. Kwak, Bag, Tin Ions Lin Cho Chúc Sinh, Tuy từ Lan 1, 2, Tong Cha Son, log and Lee The

Iar Tong Pa Esq. Chit Maangt.

14 Zo Fang. Sağ, Kanapita

BEAKCIZES AND AGENCIES :--

Manlia Mitourna

Amos

Boubey

Calou

Sapoong Kankow

LODGE

Kowloon Loudon

New York

Paris

Pelang

Bezie Semarang Shanghai Fingspare Sour Sydory

Toro

YAADE Bangoon.. Sea Francis

Yokokacha

Every damoription of Barking and Exchange Low grated on approved

Car Accole cosmed in Local Currency Fixed Deportes recared for con 2 or shorter paroda in Lom and Foreign Currencies Se were which will be quoted on application

Safe Deposit Bon

fix TÔNG 1.

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1880

Capital (full paid-up) Yen.100,000,000 Yen.130,900,000) Reserve Fund

Head Office: YOKOHAMA

Branches and Agencies at

Alexandria

Bangkok

Botavia Berlin.

Bombay

Calcutta

Canton

Dairen (Dainy}{

Moji Nagasaki

Nagoya

New York

Osaka

Fengtien (Mukden) Baugoon

Hamburg

Hamkow

Harbin

Hong Zone

Honolu

Hrinking

Karachi

Kobe

London

Los Angeles

Manis

Otazu

Paris

Peipiar

Rio de Janeiro

Seattle

San Francisco

Semarang

Shanghad Singapore Sourabays Sydney Tientsin. Tokyo Tingban

Tingkow

Interest allowed for Current do-

CATEG.

Deposits received for fixed periods at rater to be obtained an applica- Hon.

T. KANO, -

Maraget. Hong Kong, 13th November, 1988.

THE

SHANGHAI COMMERCIAL & SAVINGS BANK LEATED-

(Incorporated in China)

Capital paid up Reserves

$25,000,000.

„ST-300.000:

Capital Savings Dept. $600,000. Reserye Savings Dept.: $600,000. Head-Unico —Sharekai

A Bank having as its missions the industrial" development = 40

China and the fostering of her commercial relations Abroad. Hong Kong Ofer Core, Queen's Road Central-

Reserve

-$7,500,000.00 .$1,500,000.00 Branches -- All Important Cities in

China

Porsiga. Sapimngs and General Banking

Cormas and Saring kosomin opened and Fixed- Duponte vetacred for una gue dë doente puttede

NOW 3. CEAA30,

HONG LONG BRANCH: 36. De Tax Bond, Cooten..

Forsign Enchoces Dept. me that there Gessen Offis – Cole's Offen

THE WING ON BANK, LTD.

Head Office: Hong Kong 26, Des Voeux Road Central Authorised Capital $10,000,000

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

ed.

Shanghai Docks Sh.$90.b.

Mining

Kailan Mining Ad. 14/6, n. Bambs $19.10.b.

Venz, Goldfeld $8 1.

Lands, Hotels, etc. HK. and S. Hotels 95% b. KK Lands $35′′x1. HE 4% Debentures $105 Shanghai Lands Sh.$13 z. Metropolitan Lands Sh.$10. Humphreys $94 1- E.K. Realties $4.90 n. Chinese Estates $78 m. China Realties Sh.3⁄44 n. China Debentures Sh.$60 1

PHILIPPINE MINING

Antamoks

Atoks

Giesing

an- Rates

Sales

10 am. Locs!

In Pesos Currency

3.25

36

Baguio Gold

2134

Balatoc Mining

14%

Benguet Consol

13

Benguet Explor

.14

Big Wedge Current Accounts and Savings Ac-Consolidated Mines counts opened. Fixed Deposits re- Demonstrations cited at rates which will be quoted Ipo Gold on_application:

IL I L Trusteeship & Executorship der Masbate Consol taken Safe Deposit Boxes for hire. Itogons

PHILIP GOCKCHIN,

}

Chief Manager.

THE MERCANTILE BANK OF

INDIA, LTD.

SEAD OFFICE:

35. Genenchurch Street, London, E.GA Authorised Capital ... £2,000,000

Subscribed Capital Paid-up Capital

1,800,000

1,050,000

Reserve Fund & Rest 1,217,830

BANKERS

Bank of England & Midland Bank, Tai

BRENCHIES:

Ipoh

Karshi

Bangkok

New York

Bombay

Peng

Calcutus

Colombo

Ecta Bra

De

Kuala Lipis

Port Louis

(Martin) Bangoon

Crede

Kuala Lumpur

Kong Kong

Keaton (Fabang)

Shanghai Sirmi

Kowiak

Xadzo

Singapore

KONG KONG BRANCEL

Byay damcription of Bening and Exchange) Įbusiomie, textacted.

is Chagos Lond.

Trustee and Lamotoklyn endurtakas. INTEREST Słować on Combs Accounts and Find Depcadie at Bates that may on application

| 7. Coma's_Bond, Central,

EZENT

Hong Long. Mih July, 1986.

03 05.05% 63 106

Northern Mizing

Paracale GumIATES

.45%

Salazot Mining

05

2.10

1.05

San Mauricio Sayoe Consol United Paracales

Public Utilities

H. Tramways $12.10 b. $12.15

Peak Trams (old) $63⁄41⁄21⁄2 n. Peak Trams (new) $2 n. Star Ferries $83 b. Yaumati Ferries $25 n.

$12.70 C. Light (Old)

$12.60/.70 s

*2600

New New Contracts Contracts Opening Closing 106 104% 100% 101

May

July

Winnipeg Wheat: December May

115% 117

120b 121b

LOCAL DOLLAR DECLINES

+

Silver Prices Fall

The London on New York cross-

Since the announcement of the Last International Rubber. Restric tion Committee, the price of rub- ber has appreciated: fully 1-1/48 per lb., and this meteoric rise must have aroused quite a pleasant sur prise to those directly or indirect- connected with this vast in- dustry.

It is not a trifle assuming that. to some who have in mind that rubber is being produced at. ar Jall-in-cost of 4d per Ib, 9d seems to be an over-remunerated figure. Against this argument it has to be remembered that this commo- dity at ́one time in 1925 fetched 45.88 in London, and the cost to produce then was in the neigh- Įbourhood of 9d per ib. for most estates: consequently, one · can safely say that price depends on the age-old law of supply and de- mand.

“Unknown Quantity"

It will be recalled that the scheme was enforced in the second half of 1934, and the countries under the signatory Governments during the six months ending De The local dollar has declined camber 1934 exported 417,000 tons. opening on destand this morning A very important factor to be re- membered relative to this period at 1/2 13/16

"Spot". silver Zel 1/16 to 21-was that fully 70,000 tons both 5/16, while "forward" also drop-wet and dry in the Restriction The Areas were shipped out. ped 1/16 to 21-5/16.

NEL Plantations have always an --unknown rate was unchanged at £ ́U.S.$been dreaded is 90%, while the New York on Loquantity regarding capacity for don cross-rate was quoted at production. This idea should be U.S.$4.90%, as compared with amended, and if anything, there US$1.90-9/16.

exists a possibility that she will experience difficulty in keeping 18 her quota figures, as the following EXCHEQUER RETURNS

figures indicate. In the second London, To-day. Exchequer half of 1984 with even huge Returns just issued show that the stock held up in the plantation she total ordinary revenue amounts exported only 149,000 tons. to £414,617,490 as compared with the next six months she was allot- 411,460,690 at the corresponding ted 182,000 tons and remembering date of last year. The total ordin-that she will at least have 13,000 ary expenditure is £550,440,206 as tons carried over from rights from compared with £525,208,924 at the the current year, she should be corresponding date of 1935.-Bri-satisfied with an exportable of tish Wireless Service

195,000 tons for the period.

RAW RUBBER Latest Quotations From

Singapore

23

Σ

On the contrary, it will not be surprising. if she does object to any further increase at the next meeting.

The Consuming Aspects The USA consumed 524,000 Mesara, H. B. Joseph & Co. tons for the eleven months of the have received the following current year and indications point quotations from Singapore ito year figure of $70,000, tons. Straits currency for Raw Rabber: The rest of the world did not come

Buyers

up to expectations and the most 33-3/8 Up 1-1/8 we can anticipate is a figure equal 33-1/2 Up 1-1/8 to that of 1934.; namely 440,000. 33-1/2 Up 1 tops, totalling 1,010,000 tons' with 33-1/2 Up 1-1/8 permissable exports of 850,000 tons plus 5,300 carried over rights from, 1934. With a 70 per cent. quota the world: figure for 1937

b.

Spot

́C. Lights (New) $10% n.

H.K. Electrics $534 b., $54 32. Macao Electrics $20 n Sandakan Lights $10 b. Telephones (Old) $28:15 n. Telephones (New) $10 n. China Buses Sh$11 z. Singapore Tractions 277— n. Singapore Pref. 27/- 1.

Industrials

Gald, Macg. (Ord) Sh$191⁄2`a Cald Macg. (Pre) Sh$15. Canton Ices $2.20 u

AMERICAN EXPRESS

COMPANY

TRAVELERS CHEQUES

IN US. DOLLARS

AND STERLING

CAN BE CASHED.

THE WORLD OVER

THE AMERICAN EXPRESS CO., INC.

"with Limited Liability in USA.

No. 4, Des Voeux Road, Central

Jan/Mar. Apr/June

July/Sept

Market: Firm.

Cements 11 n. HK. Ropes $23% 1.

Stores, etc. Dairy Farms $20 32. Watsons $485 í.

Lane, Crawfords $63⁄41⁄2 n. Sinceres $3

Wing On (ELK.) $50 m.

Cotton Mills

Ewo Cotton Sh.$13.70 Shanghai Cotton" (Old) Sh.$85

b.

Shanghai Cotton (New)

b.

can

train

On your way North America

Barope

to

SEE CANADA

Cross Canada on a Canadian Pacific arco

through the world Famous Canadian Rockies Stopover at Lake Louise Banff

cities of Easter Canada

Canadian Pacific Hotels awaits you.

The

A chain luxurious

Connect at Montreal or Quebec with Canadian Pacific Trans-Atlantic Liners sating by the sheltered St. Law rence Seaway to Europe.

Information and tickets from

your own agent

Canadian Pacific

WORLD'S CREATEST :TRAVEL · SYSTEM

H

*NACET

BLADES

50 CENTS

FOR 10

"NACET

REOD TRADE MARK

SAFETY RAZOR BLADE

Nacel blades have an es tablished reputation for fine quality at an amazingly low price. Their absolute reliabil ity has won for them great popularity every blade

gives many quick, clean and smooth shaves. Nacel blades fit three-pag iazors. MADE-IN-ENGLAND

FOR 3 PEG RAZORS.

New York Share Market Mesurs White, Weld & Co FRENCH DEFENCE

The

LOAN

Subscription List Open To-morrow

will be at 970,000 with a possible pany. New York Correspondents carry over of 20,000 tons totalling for Messrs. S. E. Lery & Com 990,000 tons. With likelihood of pany, report:-

Stocks-News and interest cen- the revival of world trade to pro-

tinues to centre - on oils, metals оде ceed for many years ahead.

The statistical cannot be too optimistic to estim- and commodities. ate consumption. for 1937 for the position of metal shares is good, U.S.A. at 580,000 tons and the rest while steel mill operations have

"CHINA MAIL" SPECIAL Thei of the world at 490,000—totalling reached a new high level.

Paris, Today. 1,070,000 tons. Thus even with market is temporarily awaiting in-

France's financial situation and another increase of five per cent centive for the next move..

the issue of the new national de- only improvement in oil and gas pro fence loan were dealt with by the Sh$60 the world production

hope for 990,000 tons plus 62,000 ducing properties continues and Finance Minister, M. Vincent Au-. totalling 1,052,000 tons for 1927. show promise of further pro-riol, at the meeting of the

Then, as in the case of tin, it is gress. We are reliably informed French. Cabinet. most probable that if production that the National Steel Corpora According to the Intransigeant; shall not come up to anything like tion's last quarter was the best in the loan will be opened for sub- the figure allotted we shall see an- the company's history. The cur

fscription, to-morrow and will re- Constructions (New) (234 eta other heavy inroad into the al-rent cash position of Collins and main open until the end of Jan- Vibro Piling $51⁄2

fready depleted stocks with subse-Aikman Corporation is "excellent Chi Govt. 5% 1925 G.$Bds. quent much higher levels for the This company has earned $6.00. The new defence kon will be

Sam. per share, for 9 months 93/9

price of the commodity. HE. Gort 4% Loan 2% premmarising it, the opinion of most understand that it will earn $9.00 issued in denominations of 100 francs, repayable at 140 francs. dealers in Mincing Lane is that per share for the fiscal year end Specially advantageous terms will HE Govt 34% Loan 3% rubber purchases at 9d for any ing February. Another dividend be accorded those subscribers who

prem. b.

period will from all prevailing is likely before then Ther is pay in gold or in those short-term Areasons point to fruitful resulta. no indication of any definite trend treasury bonds that were issued Wallace Harpers. $4 n.

Zoong Sings Sh$26 m. Wing On Textiles Sh.$36

Miscellaneous

Entertainments $8

Constructions (Old) $1% n.

World Rubber Situation

Fami we

in utility securities. Business

done: 2,480,000 shares, prior to the devaluation of the

frand-Trans-Ocean Service. Grains: The.. grain markets Rubber: The market to-day

advanced on covering by short WAR DEBT TO US. London, To-day. The Interna- of the market, which is expected interests, There was some bezyy tional Rubber Restriction Com- to remain steady for the near buying by commission houses on France Unable To Pay mittee announcement was accord-[future.

Jan increase of 5 per cent in

Instalment

Paris," "Bo-day,

ed about one of the quietert" re-} Though the decision releases quotas, whereas the Trade had ex- ceptions ever experienced in the about 33,000 tons for the first pected a 10 to 15 per cent in-

The French Government. has rubber market here, prices sub-quarter, and 55,000 for the second crease, Total sales: 4,680 tons. Bequently easing slightly and then more than at the present. It is Flash:United Air Line. has sent a Note to the United States steadying up.

generally-held that consumption declared a dividend of 20 cents per intimating that France, ik unable to pay her instalment of her war It is generally considered that is running so well, expecially in share what strength the market

the United States, that it is most The Technicolour. Corporation debt, which is due at the begin on the 75 per cent.

unlikely to be overtaken by pro-has declared a dividend of 50 ning of the year. myake" "Note addi

vever, cents per share production or round

was duetion lost on the 80 per cent prod tion Nevertheless, the decision: prob- continue steady on good demand negotiations mi from April to June, and owin ably, means the appearance of from Italy and Germany: We shortly rega this swing #tie consequently very backwardation of for ards while would, however, avoid bulge buyments-Ben

ampač

heldingTotal sales: 60,508,000 was

Italy hat also view zeszar

the future CONTE

being