1936-12-18 — Page 7

BANKS

HONG KONG AND SHANGHAI BANKING CORPOKATION ·

Authorised Capizził ̈............$50,000,000 | Isaned and Fully-Paid-up 20,000,000 Heserve Fundaz ---

Starting ** ....£6,500,000 Hong Kong Currency

Kasarve

...............$24,000,000

Reserve Liability of Pro-

HEAD OFFICE; KONG KONG.

BOARD OF DIRECTORS. Hon. Mr. J. J. Paterson Chattan

G. Mision Esq.

Deputy Chairman.

J. R. Masson Esq.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

A. H. Compton Esq, T. E. Fearts Esg, Jelka

-don. Mr. S. M. Dodwell,

1 Instperated by Bopal Chueta, 1862 HEAD OFFICE: LONDON

sistors

Y Agencies and Branches:

|Paid-up Capital

Beserve Fund

£3,000,000 £3,000,000

.L

1000;

Reserve Liability of Pro-

prietors

£3,000,000

Alor Sta Asoci bebglos

Bober

Lang

HE Lav

.

Gasspor

Dungapore

by Listen

begon Dearing

babe

Seronoknak Xbang

is tempur

Juoking

Bunnys

Marsia

Medea

Sew York

Zouch

Mulging

ZAGONET

1. A. Flummer Naq., Hon. Mr. M. T. Johnson,

Hansow Harken

Pering Pang

Tringho Yokonaan Lambonags

AMUT

DALARIA

busiba

& 1. Shinida Eag V. M. Grayburn, Esq.

BAGUTTA

GANDUM

UGLAJMENO

POOCHOM

HAIPHONG HAKNU MU

HANKOW

AO KRES

MUDUROCH

الليلة الاصلية

JUBK

KOWLOON

Cha

BRANCHES pa

- KUALA LUMPUH

LUNDOS

HAIAIRA

MARILA

2 lich tolero)

MAKAZEN

NEW YORK

PALDING

PENAND

MANGOGH

BAIGRIN

BAN FRANCISCO

DILANGHAI

KINGAFUK

BUG BABAYA

SUNGKI PWAN TEENPRIN

TOKIU

ZULDUZIO

YUKOHAKA-

Current 400come opened, in' Lool Oussy Bas Fiza Depowa runarved for psa quae or shorter Becione in Lomi Üstruacy soć Buiring an Mente

snil be quand on applied. ** SAFE DEPUKIT BOXES is humous time TO LE

Hong Kong, 24th February, 1988.

HONG KONG SAVINGS BANK.

The Bosses of the shơn

Dusk, in conducn-- Od by the HONG KONG AND BHANGHA HENKING CURPURATION. Balan may HOME OR Höglmaam, K

..

FOR THE HONG KONG AND KALNOKLI BANKING CORPORITIDE.

Y. MORA 4BURN,

Chief Maragat.

Hong Kong, 24th February, 1938.

THE BANK OF EAST ASIA, LTD.

Autocad Capital

Paid up Capsini www.

$19,000,000.

Gear and Gadaridad Prats --- $2,050, ING.AZ

HEAD OFFICE: HONG KONG.

10, De Vomuar Bend, Cantemi

BOARD OF DIRECTORS:

Hor. Sir Shou-son Chow, Chairman La Koen Chan, Esq. 2. L. Krok._Eng. Wong Yux Toog, Eaq, Cha Ching Shok, Leg Là Lan 10 Eng Wong Chu boo, Zag, and Kar Xing

Ahoy

P

Kas Turg Po, Eng, Chief Mangat..

24 The rang. Eng. Manapac.

BRANCHES AND AGENCIES ----

Mailm

bone

Bombay Caieta

Dew York

Haiphong

Xans

zoopla Bobe

Kowloos London

Карие

ولتلسة

becamat

Sung hungapore ŽABDAJE

25 Sydney Zbo

Hangout

ban Jean

Tokro Vabooser

T

Every description of Healing and Exchange Bruttaning Xanched. Los gulvd do Appeared Cutres Accoue opened in Jami "Castery and Fixed Deponite med, for one just a

horse podu Lon and Formigo Currencies on terms which will be quoted no application.

Dale Legeau Ikuse I's de

KAN LONG PO,

Chani Mangas.

THE YOKOHAMA SPECIE BANK LIMITED

Established 1880

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

Yen.130,900,0001

Head Office: YOKOHAMA

Branches and Agencies st

Alexandria

Bangkok

Batavia

Berlia

Bombay

Calcutta

Canton

Moji

Nagasald

Kagoya

New York

Osake

Otaro

Paris

Dairen (Dziny) -Peiping

Fengtien (Mukden) Hangoon

Bamburg

Hankow

Harbin

Hang Kong

Honolulz

Brinking Karachi

Kobe

London

Los Angelec

evils

Pio de JanAŽNJ

San Francisco

Seattle

Semarang

Shanghai

Singapore

Soprahaya

Sydney Tientsin

Tokyo

Tsingta Yingkow

Interest allowed for Current Ac

Deposits received for fred periods

at grates to be obtained on syplica- tion.

Y. KANO,

Manager.

Hong Kong, 13th November, 1936.

“WIES

SHANGHAI COMMERCIAL &

- SAVINGS BANK LIMITED (incorporated in China)

Capital paid 'op

Reserves

-$5,000,000:

$7,500,000.

Capital Savings Dept. $500,000. Beserve, Savings Dept. $800,000.

Head-Office-Shanghai,

A Bank having as its mission- the Industrial development on China and the fostering of her commercial relations abroad. Hoez Kong Offcom

6, Queen's Road Central

Phone 21116ZZA

Loom

Freign Exchange and General Banking buszow Vazz Accommia opened and Fixed Depostin coved for was your se abremse portoca ai mêm whack will be

Oh oson undertaken:

Zaostur MO

15h 1.500 un ApplOOR.

Brisial Insome Tax recpaint c whack anay be untermined in any vĚ J Agroom and so

A BREARLEY.

Manager. Hong Kong, 1st January, 1935.

THE CHINA & SOUTH SEA BANK,

LIMITED

(Incorporated in China) Head Office-Shanghai

Capital Easerre

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

|Branches -- all Important Cities in

Foreign Lange and Generat Banking Butanas

Outras and Baring insosols opens and Fixed Depona Mostrać, Sr die Jusz or swartet poznie AL-2500 VĂN yil de comer or application-

BOH & CHANG,

HONG KONG BRANCH: Dva Yuuz Bond, Contra

Manager's Of Jangs Inguage Dept. menn GO Dealer's mo

THE WING ON BANK, LTD.

Head Office: Hong Kong

26, Des Voeur Road Central Authorized Capital $10,000,000

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

Current Accounts and Savings Ac counts opened. Fixed Deposits re- ceived at rates which will be quoted on application.

Trusteeship & Executorship under- taken. Safe Deposit Boxes for hire.

PHILIP GOCK CHIN, Chief Manager.

Do Not Wait:

Buy Your Present Now!!

TOYS, DOLLS

Christmas Cards and Children's Picture Books also

LARGE SELECTION OF

STAMPS

which will be a delight to any Stamp Collector to receive. STORE WILL REMAIN OPEN ON SATURDAY TO 5 P.M.

GRACA & CO.,

No. 10, Wyndham Street. P. O. Box 620.

Hong Kong.

THE CENNA MATER

18, 1936

Commerce.com

and Finance

LOCAL SHARE MARKET

wwwwww..com

TO-DAY'S QUOTATIONS

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

Banks

LOCAL DOLLAR

STEADY

Silver Prices Rise

is steady,

The local dollar opening on demand this morning | at 1/2 13/16.

NEW VERTISEMENTS

PUBLIC AUCTION

THE Undersigned have received;

instruction to sell by Public Auction on

Wednesday, the 23rd. Dec. 1936 commencing at 2.30 pm. at their Sales Room, Duddell Street

A Quantity of VALUABLE HOUSEHOLD.

FURNITURE

"Spot", silver rose 1/16 to 21-comprising:— H. Bank 1310 by $1810/19155/16, while forward" was ap

33

H.K* (Lon. Reg.) £110 b. Chartered Bank £15% n Mercantile Bank A and

EX2 R. Mercantile Bank C. $14% Da Bank of East Asia 589 n.

Insurances

Black Wood Ware, Office & to 1/16 to 2134.

Drawing Room Furniture, Bed The London on New York cross- Room & Dining Room Furniture, rate was quoted at £-US$4-Oil Paintings, Pictures, Orna-i B. 91, as compared with S-US34ments, Rugs, Carpets, Ice Chests, 90%, while the New York on Lon-Brass & Aluminium Ware, Glass don cross-rate was quoted at & Porcelain Ware, Cutlery, Ward- U.S.$4.91-9/16, as compared with robe & Cabin Trunks. Electric £-U.S.$4.90%.

Table Lamps & Heater Grama- phones & Records, Typewriters,

Canton Ins $300. Union Ins. $6124 b. China Underwriters $1 n. HA Fire Ins. $300 m. International Asace. Sh. $34 1.

Shipping

Douglases.$30 zi.

FK. Steamboats $7.40 n. Indo-Chinas. (Pref.) $35 1. Indo-Chinas (De£) $86 n. Shells (Bearer) 123/9 Union Waterbests $10 m.

Docks, etc.

H.K. and K. Wharves $1061⁄2 D. 3.K. and W. Docks $13. Providents (Old) $11⁄2.. Providents (New) 20 ct New Engineering Sh.34 n.. Shanghai Docks Sh.590 n.

Mining

Kailan Mining Ad. 14/3 n. Raubs $13.10 b Yenz. Goldfield $3 b.

HK 4% Debentures $105 m. Shanghai Lands Sh$13 n. Metropolitan Lands Sh.310 Humphreys 39

COMMODITY PRICES Baby Pathe" Cinema Projector,

The following quotations have been received by Reuter:-

Prev. Yesterday Closing Closing

New York Cotton: January

12.30

12.16

March

12.33

12.16

May

72.20

12.05

July

12.10

12.03

October

11.66

11.63

Spot-

12.92

12.75

New York Rubber:

December

20.11.

20.27-

March

20.90

20.32

May

20.08

20.21

July

19.95

20.06

September... 19.87

20.03

Chicago Wheat:

December

134%

135%

Lands, Hotels, etc. H.K. and S. Hotels $5.60 n. H.K. Lands $35 s.

May

1293%

1904

July

1174

116%

Chicago Con:

December

: 108

May

July

Chicago Corn:

May

July

Winnipeg Wheat:

Closing Rates

December

Sales

May

121% 121%

123% 1231

10 am. Local

in Pesos Currency

3.40

38

Balator Mining

H

Benguet Consol

13

Benguet Explor

.14

Big Wedge

Consolidated Mines Demonstrations

Ipo Gold

1. X L Itogons

Northern Mining Masbate Consol.

1.30 36

Paracale Gumaus

..05

220

n.

H.K. Realties $4.90 n. Chinese Estates $78 n. China Realties Sh.$4 n. China Debentures Sh $60 PHILIPPINE MINING

Astamoks Atoks

Baguio Gold

Salacot Mining San Mauricio Sayoe Consol. United Paracales.... 115

Public Utilities H.K. Tramways $12.10 b. Peak Trams (old) $6 e Peak Trams (new) $234. he Star Ferries $93 b. Yaumati Ferries $25 s.·* C. Light (Old) $12.65 b., $12-

70/34 sa

G. Lights (New) $10% n.

HX. Electrics $53%, b., $54 xa.

SAFEGUARDS

WHEN TRAVELING

Warning signs on land and sea are for your personal safety. Travelers. Cheques are for the safety of your travel funds. You make the funds "loss proof" and "theft-proof" when you change your travel cash into

AMERICAN EXPRESS TRAVELERS CHEQUES

If lost or stolen before you countersign them, a prompt refund is made. The denominations are $10, $20, $50 and $100 and also £2, £5 and £10, They are spendable everywhere and no identification is required other than your signature.

THE AMERICAN EXPRESS CO., INC.

Incorporated with. Limited Liability in U.S.A. 4, Des Voeux Road Central.

Radio, etc., etc.

also ⚫

Two Combination Safes. On View from Tuesday, the 22nd. December, 1986.

LAMMERT BROS.

Anctioneers.

Hong Kong, 18th. Dec., 1936.

BRITAIN'S TRADE IMPROVEMENT

Benefits From Open Door Policy

ALL ROUND INCREASE SHOWN

London, To-day.

The President of the Board of Trade, in a speech at Liverpool 103% last night, reviewed Britain's pro- 102% 102% gress towards recovery: Employ

97% 98%ment, which was the great test of!

prosperity, had in five years in- Contracts Contracts creased by nearly 20 per cent and Opening Closing industrial production by 40 per

104%

1043 cent. The period had been one of 101

101% continual expansion in British

trade, while the trade of the rest] of the world has been shrinking. There was no doubt that British export and import figures had been telling a very eloquent tale. There was little doubt that the $28] purchasing capacity of the British working classes was greater than at any time in history. That was due, not only to the activity of in- ternal trade, but also to the fact that long before the Great War n followed, the war social system and the great depression which

had been built up which spread out the purchasing capacity in wider and everwidening circles, to the workmen and their families.

Bigger Imports

Macao Electrics $20 n. Sandakan Lights $10 n. Telephones (Old) $27.90 b.,

Sin

Telephones (New) $10 n. China Buses Sh$113⁄41⁄4 n. Singapore Tractions 27/- n. Singapore Pref. 27ƒ— n.

Industrials Caid, Macg. (Ord.) Sh.$19 Cald, Yaeg. (Pref.) Sh-$15 z. Canton Ices $2,05 n. ex. div. Cements $11 IL- H.K. Ropes $21⁄2 *.

Stores, etc.

•

Dairy Farms $20 b. Watsona $4.55 1.

Lane, Crawfords $6.

Sinceres $3 1. Wing Or (B.K.) $50 2.

Cotton Mills

Ewo Cotton Sa$13.90 b. Shanghai Cotton (Old) Sh$85

b

Shanghal.Cotton (New) Sh$60

b.

Zoong Sings Sh$26 p. Wing On Textiles Sh.$36 r.

Miscellaneous Entertainments $3 n. Constructions (Old) $1% n. Constructions (New) 421⁄2 cts.

b.

Vibro Piling $52

Ch. Govt. 5% 1925 G$Bds.

93% L

HK. Govt, 4% Loan 8% prem.

b.

The imports into this country. per head of the population, are about 21⁄2 times those of France, 3 times those of Germany and times those of the United States.

The volume of exports of Unit- ed Kingdom goods during the first. nine months of this year was 20 per cent. greater than in the cor responding period of 1931.

For manufactured articles, the increase was 25 per cent. and nearly every group showed an in- crease. The excess of exports over imports of manufactured goods had increased from £45,000,000 for January to October 1931, to £119,- 000,000 from January to October of this year.

End Of First Period The real explanation of these facts was that in the last five)

ELK. Gort 3% Loan 3% years the Government had beent

prez. b.

Wallace Harpers 34 z

doing what it could to keep an (Continued of foot of next CoL)

SAILING

MANILA

EMPRESS OF CANADA DECEMBER 16th

MJANUARY 1st

HONG KONG

TO

PACIFIC COAST

17 DAYS HONG KONG TO VANCOUVER

via the Direct Express Boute

18 DAYS HONG KONG TO VANCOUVER

via Hoonlalu, "the Paradise of the Pacific”-

2 DAYS HONG KONG TO UNITED KINGDOM Gin direct-cou

EMPRESS OF ASIA

SAILS FOR-VANCOUVER via SHANGHAI -

& JAPAN

AT 6 AM

WEDNESDAY,

DECEMBER 23rd.

For Information Apply To Your Own Agent Or

Canadian Pacific

SPANS THE WORLD

Tel. 20752

CHANNEL BUOYS

WHAT would modern naviga-

tion do without the channel buoys --those floating marken that keep ships off the shoals? In a very real sense, the advertise ments in this paper are chamel buoys, placed for your protection. --for the safeguarding of the family expenditures.

These advertisements arc

the signed statements of reputable firms who seek your patronage on the sugle basis of giving value for every dollar spent. They are honest statements, the only kind an advertiser can use and resusia an advertiser.

People who get the most for their dollar in the market-places are those who keep an eye on the channel buoys. Day by day, they follow the advertisements to learn "what and where to buy to the best

rantage. Make this a habit, Stacy the advertisements, în the interest of shrewder, buying.

vrtisers in this

have charted ing for you.

RAW RUBBER

New York Share Market Latest Quotations From

Messrs. White, Weld & Com-advance pany, New York Correspondents oil shares as a long term specula- We would recommend for Mesars. S. Levy & Comition. pany, report:

Stocks: The bonds market, er

Business done: 1,950,000 shares. Grains: There is no change in

Singapore Mesars. #. B. Joseph & Co have received the following quotations? from Singapore in Straits Car

Buyers

pecially Government issues, is the outlools If the near positions/uncy for Raw Babberag

easier. In stocks, railroad and advance, traders might sell a part utility securities are still hesitant: of their holdings with the idea of industrial, steel and copper shares

Total axles: 40,087,000 bushels

HONG KONG MINES LIMITED

Decision Reached On Lin Ma Hang Project

After carefully considering se [veral groposals to finance the Lin Ma Hang project, the Directors 34 Up 1/4 of Hong Kong Mines Ltd have decided to accept that of Meners. Neilsom Manila, as being the most favourable.

Spot

Jan/Mar,

34

Apr/Ime

24

July/Sept

*34*

·Market: Buyers Holding Off

continue to be the centre of in-e-entering the market on any terest. We feel that prices should setback go higher Labour froubles: are holding motor. issues in spite of Cotton: Large offerings of low| prospects of a good year ahead: grades without any demand de- The statistical position of the oil pressed near months. A further Open door and to lower the industry is still good. The Colline influence was the likelihood of ear-eral level of world barrier & Aikman Corporation reportaly offering of Government down trade. They were coming earnings of $6.44 per share for a cotita We see little chance of end of the first period of months. We feel that Can issues higher prices at present are sold down to the level at Rubber: The market which traders can buy for a long strong, which recomm

The market is undecided, on-setbacks,/^/ there is a fair chance of and Total sulc's $4530 tons.

their trade agreements. opened renewed one or two of buying which the cmost bugy

[that with the. Azge

Wireless Service.

This will cable the Company to shortly go to allotment and im geo-mediate steps will be taken to s

cure the necessary machinery

Subscribers wit no doubt be in- terested in the recent sharp rise

in the price of lead, Le

on in November to £28 tou to day, which greatly, en hances the future pros