1937-01-05 — Page 7

BANKS

HONG KONG AND SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION- INDIA, AUSTRALIA & CHINA.

Authorised Capital ..................$50,000,000- Issued and Fully-Paid-up. 20,000,000 Reserve Funds

Sterling

£6,500,000

Hong Kong Currency

Reserve.... -$10,000,000 Ecserve Liability of Pro-

prietors

HEAD OFFICE) HONG KONG,

་་

Incorporated by Royal Charter, 1856

HEAD OFFICE: LONDON

Paid-up Capital

Reserve Fund

£3,000,000 .£3,000,000

Reserve Liability of Pro- *

$20,000,000

prietors

£3,000,000

Agencies and Branches:

Alor Star

Holla

Bankok

Lavin

Ipek Kanchi

Rangoon Sargon Demarang

SUTE DE

Bombay

Nanghai

Ciputa

Koala Lumpur

Singapore

Canton

Kacking

Nitawark

Madras

Youtubnya

Harsta

Taiping

Hladn

THULE

New York

Paiping

(15blake)

(Paking)

Tungtao

Penang

Yokohama

Zamboanga

BOARD OF DIRECTORS,

Hon. Mr. J. J. Paterson.

Chairman.

G. Miskin Esq..

Deputy Chairman.

J. B. Masson Esq.

A. E. Compton Esq., T. E. Pearce Esq.,]

Hoa. Mr. S. X. Dodwell,

J. A. Plzner Esq..

Hon. Mr. M. T. Johnson,

LNOT

Cousspare

دامنه

Loice be

D

Huphous

Hatsburg

Hankow

5

H. Long

A. L. Shields Esq. Foreign Exchange and Gabera Banking busine

V. M. Grayburn, Esq.

HA MIKOX BATAVIA

LOMBAY CALCUTTA,

CANTON CHEFOO CULOMBO

DAIMEN FOOCHOW HAIPHONG HAMBURG HANKOW BARBIN HONGLET VLOZLO

fro

HOLE

KOWLOON

Chief Manager.

BLANCHER :-

KUALA LUMPUR

LONDON

LYONS

MALACCA MANZILA

MUAR (Jphora)

MURDEN

NEW YORK

ΠΕΤΡΙΝΟ PENANG

BANGOON

MIGON

SAN FRANCISDO

SHANGHAI

SINGAPORE

OCBABITANT

SUNGE

TIENTSIN TULTO

TSINGTAO YOKOHAMA

Current decouble opened in Local Currency a Fred Depowe moved for coa post or

periods in Lood Currency and bearing on terms

which will be placed on application.

ALSO up to Cale SAFE DEPOSIT BOWLES in varies wins TO LEI.

Hong Kong, 24th February, 1936.

HONG KONG SAVINGS BANK

The Business of the 'above Bank is conducted by the HONG KONG AND SHANGHAI BANK- Bules may be attained ANG COMFORATION.

Do sppeUDO.

POK THE BONG KONG AND SHANGHAI BANKING CORPORATION.

V. MORATBUEN,

Chaal Manager, Hong Kong, 24th February, 1936.

THE BANK OF EAST ASIA, LTD.

Authored imperat

-$10,000, 13.00 +5,556,800,00

Roh and Ladivided Protite2583.33.5*

HEAD OFFICE: HONG KONG.

20, Des Vans Road, Canirai.

BOARD OF DIRECTORS

Crazeected

Carrees Actuate opsoed and Fixed Depostin recused for one year or shorter periodi al zuten:

whack will be quowal na appöcation.

The Bank's Hand Odos in London undariakoo Executor and Irules busom, and cautra recovery, of Betish Tacoma. Da ovepalai, en varma which may be mamatay sa KES M2 19 Agencies and Broches.

A BREARLEY,

Manager. Hong Kong, let Jannary, 196L.

THE CHINA & SOUTH SEA. BANK,

LIMITED

(Incorporated in China) Head Office-Shanghai

Capital Reserve

$1,500,000,00 $1,500,000,00 Branches-- All Important Cities m

China

Formigo Exchange and Ghanaeul Becking Businaan

Cures and Saving Accounts quad and Find") Deposzta zeosivad. Se non var í skorte patioda {nt raten which will be quoted in application.

SOU Z CHANG.

Manager.

HONG KONG BRAKE: M. De Four Boad, Ca Manager's Offiam

Frugs Esebange Doph. mar

General Odon Comin'. O

THE WING ON BAIK, LTD.

Head Office: Hong Kong 26. Des Voeur Road Central Authorised Capital $10,000,000 LONDON BANKERS:— Westminster Bank, Ltd. Foreign Exchange and every des-

Hon. Sir Shouwen Chow, Chairman: Li Looption of banking business transact Chun, Eng. J. £. Am, Eng Wang Yumed. Ting. Eg Chas Ching Shak, Enque la Imm

Easy Wong Chus bon, Esq. sad Eas Yias

To. Eng-

Amey

Kas Tuz Po, Yog., Chins Manager.

Tan Fong, Esq. Managet.

BRANCHES AND AGENCIES:-

Batavia

منجولا

Labour

Sicutile

Bombay

Regen

Calcutta Cantor Karpheng Hankow

New York

Semarang

Singapor

Peping

Nourag

WOW cydney

Homolala

Panang

Kanjona

Kowloos

bagon

Trackin Tokra

London

San Franciwoo

Yokohama

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

Trusteeship & Executorship under- | taken. Safe Deposit Bores for hire.

PHILIP GOCKCHIN, Chief Menager.

SE CHINA MAXE, TUESDAY, JANHART 5, 1937-

Commerce and

Finance

LOCAL SHARE

MARKET

TO-DAY'S QUOTATIONS:

insued

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

Banks

HK. Bank $1875 sa. H.K. (Lon. Reg.) £1093% z. Chartered Bank 414 n. Mercantile Bank A. and

$321 1 Mercantile Bank C. $147% 11. Bank of East Asia $83 T

Insurances

Canton Ins. $300 b., $305 32. Union Ths. $615 b.

SHIPPING DUES IN BRITAIN

WARNING OF APRIL INCREASE

London, To-day.

A Board of Trade' aABOURCE- ment regarding the dues levied on Shipping for the upkeep of light B.buoys and beacons in the United Kingdom and Irish Free State, says it was agreed by the compe- lent authorities in conference on December 18 that it had become necessary to increase the rates by obtain- 25 per cent, as revenue jable at present rates having prov- {ed. însufficient to meet the cost of maintenance, renewals and im- provements.

China Underwriters $1 a EK Fire Ins. $800 n. International Ásace. Sh. $31⁄4% =.

Stripping

Douglases $30 n.

H.K. Steamboats $7.40 m. Indo-Chinas (Pref.) $35 n. Indo-Chinas (Def.) $36 n Shells (Bearer) 132/6 n. Union Waterbosts $10 m.

Docks, etc.

H.K. and K. Wharves $107 xa. H.K. and W. Docks $14.20 2. Previdents (Old) $1.70 n. Providents (New) 20 cts. n. New Engineering Sh.$4 n. Shanghai Docks Sh.590 2.

Mining

Kailan Mining Ad. 16/$ n. Rabs $133.

Venz. Goldfield $8 b

Lands, Hotels, etc. HK. and S. Hotels $5.90

$5.95 sa.

H.K. Lands $331⁄2 b.

HK 4% Debentures $105 Shanghai Lands Sh$16 n. Metropolitan Lands Sh. 310 a. Humphreys $9 ni

H.K. Realties $44 s.

Chinese Estates $76 n. China Realties Sh.$4 n. China Debentures Sh.$60 PHILIPPINE MINING

Closing

Antamoks Atoks

According 5, az Order-in-Coun- cil will be issued under the "Mer- chant Shipping Act, 1898, bring ing the proposed increase into ef- |fect from April 1 next - British

Wireless Service.

LOCAL DOLLAR STEADY

Silver Prices Fall

Further

The local dollar is steady, open- ing on demand this morning 2t b1/2-

"Spot" silver declined 1/16 21%, while "forward" also fell: 1/16 to 21%

This - black and white tweed spectator sports cost is tapped by a great collar of Canadian byaz. The wrap is bolted with black calf belt at the natural waistline, and the skirt fares out in this season's smartest manner. Lucille Bail, the screení actress, is the model.

COMMODITY PRICES

The following quotations have been received by Beuter

The London on New York cross-May rate was unchanged at

Prev. Yesterdayi

train

On your to

SEE CANADA

Cross Canada on a, Canadian Pacific

through the world Famous Canadian Rockies Stopover at Lake Louise

Banff..

.The

cities of Eastern Canada.... A chain of curious Canadian Pacific Hotels awaits you.

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

Information and tickets from

your own agent

Canadian Pacific

WORLD'S • GREATEST -TRAVEL - SYSTEM"

HONG KONG MARKET PRODUCE -

APPROXIMATE RETAIL PRICES

Jan. 3 Jan.[

1337 1918 Cts. Che

POULTRY.

Tb.

Capons, Small

Closing Closing

to New York Colton:

January March

12.44

1235

12.40

12.31

12.30

12.19

July

12.21

12.10

US$4.90%, while the New York October

11.84

11.75

on London cross-rate was quoted Spot

13.00

12.31

|at £-U.S.$491-3/16, as compared Kew York Rubber:

with 4-US$4.90-15/16.

January

21.300

20.551

March

21.95

20.63

MlayTM

21.10

20.53

Sales

10 zn Local

July

20.92

20.44m

in Pesos Currency

September

20.842

$20.30

Chicken

Chicago Wheat:

1.75

Large

55

May

1351⁄4

13534

Duck

Baguio Goid

28

118%

119

Doves

Balatoc Mining

1444

September

1152

115%

Benguet Consol.

144

Chicago Com:

ing)

Benguet Explor

20/2

Big Wedge

391/4

THE

Consolidated Mines

.04.07%

32

May July September

-1067%

100%

101

102 1023%

Eggs, Han (cock-

107, Hen (fresh)

Fowls, Hainam

per doz.

Canton

"

INC.

Ipo Gold

Geese

Pigeons, Canton

Mindanao

.65

I X L

1.90

Itogons

1.75

Spot 35% b. Down 1.

New York

Masbate Consol.

.54

April-June 25% b. Down 14.

Northern Mining

21

May

-- US$6,000,000.00

2,240,344.38 Salacot Mining

Paracale Gumaus

86

July-Sept. 35% b. Down 1.

July

New Contracts Contracts Opening 108H

106

New

Haikow

Turkeys Cock

Closing

Snipe

111

Pheasant

107

Qzil

.06%

Winnipeg Wheat;

897,61265

San Mauricio

3.35

Sayoc Consol

.56

Oct-Dec. 35% b. Down 1.

Market:Easier.

Partridge

May

July

129% 1249% 125

129%

FRUITS.

United Paracales

1,60

Coco Grove

1.15

1.82

Mino Nice Naples

G'Goldfields

37.

Almonds Lemons, Chine

b. 1,50

Min. Eesc

.43

Pirmas Paris

Bananas (bride's) Carambola

FITLY

Coconuts

RAW RUBBER

Latest Quotations From July

Singapore

Messrs. H. B. Joseph & Co.

the [have received

following in quotations from Singapore Straits Currency for Raw Rubber: Chicago Corn:

81 19828||||||

** 129089993 (983

3937-1918

BUTCHER MEAT.

Beef Siripin

Prime Cut

Corned

Bozst

Breast

Soop

Stent

Steak Sirloin

Sattunger

Bellock's Brains

Tongue, fresh

Head

Heart

corned

Hump, Seit Feet

Kidneys

Tail

Liver

ZUPARRJ88988 1889988" 8886||5948|98186 8452 KANA ||

per

each

2.00.

Esch 24

180

ཀྰ! ལྕd*

per a

ག ང་ ར་ ར ན ད་

•

Every description of Banking and Exchange, Downs gmated on approviť | business transmetod.

OUTLI

Current Locust opened in Local Cummer and Fixed Depone readived for

shorter periods in Local and Foraigs Catzoacán no verma which will be quoted on application.

Safe Deposit Boxes To ist

XAN TUNG 20,

AMERICAN EXPRESS COMPANY Demonstrations

Inneporated with Limited Zibility in USL

Head Office:--65, Broadway,

Capital Surplus Kids Manager.

Reserves

THE YOKOHAMA SPECIE BANK

Amsterdam Antancy

Атация

حامد

LIMITED

Established 1880

Berlin

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

.Yen 130,900,000

Bombay

Brymania Cairo

Calcutta Cannes Colombo

Head Office: YOKOHAMA

Branches and Agencies at

Alexandria

Bangkok

Batavia

Berlin

Bombay

Calcutta

Canton

Dairen (Dainy)

Moji

Nagasaki

Nagoya

New York

Osaka

Otarti

Paris

Peiping

Fengtien (Mukden) Pangoon

Hamburg

Hanków

Harbin Hong Kong

Honolulu

Hsinking

Karachi

Kobe

Rio de Janeiro San Francisco Seattle

Semarang

Shanghai Singapore Sonrabaya Sydney Tientsin Tokyo Tsingtan Yingkow Interest allowed for Current Ac counts.

London

Manila

Los Angeles

Deposits received for fixed periods at rates to be obtained on applica tions.

Y. KANO,

Manager. Hong Kong, 19th November, 1938.

TRE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED -

(Incorporated in China)

Capital paid up Reserves

.$5,000,000. $7,500,000, Capital Savings Dept. $500,000. Reserve Savings Dept. $600,000. Eead-Office Shanghai

A Bark haring as its mission the industrial development on China and the fostering of her commercial relations abroad. Hong Kong Of

6, Queen's Boad Central Phone 31116.

Copanbagus Dublin Edinburgh Florence Grepeta Grenos

BRANCHES

Glasgow

The Hague Havana Hamburg HAUTO Heidelberg Interinowa

Perunajam "London

Liverpool Lucerne

Lugado Leczor Marseižina

Monte Carlo

Munich Montimes

Paiping Botterdam Боса Shanghai Southampton Singapore Tissuin Vanna

Vaction Yokohama Zurics

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

All classes of Commercial Bankingį Transactions undertake

Personal investment accounts hand-

led.

The Company offer 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. L. BENSON,

Garral Manager.

HONG KONG HEIGHTS

For the information of vizitora) the following list of some of thej highest points on the Island and Mainland is published:--

ISLAND

Victoria Peak

-Public Utilities

H.K. Tramways $12.85/13 sz. Peak Trams (old) $61⁄2 n Peak Trams (new) $2% n. Star Ferries $93 -

Yaumati Ferries $25 n.

C. Lights (Old) $13.60 b. C. Lights (ew) $10.40 b. H.K. Electrics $563⁄41⁄4 sa Maczo Electrica $20 m. - Sandakan Lights $10 n. Telephones (Old) 2301⁄2 n Telephones (New) $10% . China Buses Sh.311 n. Singapore Tractions 27/- a. Singapore Pref. 27/~ n.

Industrials

Cald., Macg. (Ord.) Sh.$19% Cald., Macg (Pref.) Sh$15 Canton Ices $2.05 m.

Cements $11 n. HK. Ropes $271⁄2 1

Stores, etc.

Dairy Farms $226 b. Watsons $4.85 m.

Lane, Cawfords $6% n. Sinceres $2.90 n.

Wing On (HK) $50 n. Cotton Mills.

-

Ewo Cotton Sh:$15.20 n.. Shanghai Cotton (Old) Sh.$85

Shanghai Cotton (New)

New York Share Market

Messrs. White, Weld & Com- for the present for fear of pany, New York Correspondents set-backs. for Messrs. S. E. Levy & Com paný, report:

Apples (California) Cotton: It is believed that the Demons, American domestic mills could absorb 1,000,- Licheex, Dried... Oranges (Canton) 1000 bales of Government loan cot-|

Oranges (Sweet) Stocks: The labour situationton and, as the loan cotton sales par has been the main depressing fac-lwill somewhat relieve the tight- Ozanges (American)

Pears (Canton) .--

tor in rails, through the threat offness of nearby positions, we sug-|· Persimmons, Large a decrease in the volume of rail-gest the transfer of long March Pamelo, Sism road traffic. Industrials, oils and positions to May and July.

We Walnuts coppers are strong as a group, with are confident of continued excellent Grapes some indiscriminate speculation in mill buying and we advise pur lower-priced stocks. We continue chases on any set-backs. Rains in

to like these levels, but we feel Oklahoma and Tezis during Artichokes that these groups cannot move November and December were ab Beetroot very far for the present. Gener normally light.

Tripe

Calves' Head

Feet

Mutton. Chip

Shoulder Saddle

BraZZAL Chitlings

Feet

Head

Parks Chops

Kidneys

Layer

Loin

Leg

Fst or Lard Sheep's

Head &

Heart Kidneys

Feet

VEGETABLES, ETC.

Ib. 12

P

Brinjals, Green

Long Bed

Chinese (Shanghai

Buckling Pigs to

Order Spet, Beef

Muttom

No.1

FISH

Barbel

Cabbage,

ally speaking, there is no sign" of Rubber: The continuance of re- a near-by settlement of the labour cord-breaking consumption of rab- situation. This fact and the real-ber in the U.S.A. is indicated by ization that other industries are the fact that truck and bus dire Cauliflower (Large) each

(Medium) indirectly affected is depressing the sales are steadily enlarging. The

(Small) market considerably. It is our unsettled labour conditions at the

Carrots opinion that increased seriousness present time will probably induce

Celery, Chinese may precede the final clearing up many manufacturers to build up Callies, Driel

Rod of the situation, but we still con-inventories. Recent profit-taking1 sider the situation fundamentally was quite extensive. We would re-

inence.

Business shares.

Green

Cucumbers

as only a temporary retarding in-commend the long side, taking part: Carry Stud, English-

in profits on any bulges.

Garlic done: -- 1,510,000

Copper: Consumers are poorly

Ginger, Young covered and the continued heavy Wheat: Heavier buying of four demand for copper is finding sellers Horseradish, Sha is expected as a result of increas-scarce. The situation in all metals Indian Coen Sh$60|ing re-buying for hedges, while the is believed to be fundamentally Lettnce

Okras dwindling of Canadian supplies sound, but the future positions ap should facilitate the absorption of pear to be needing some technical Southern Hemisphere supplies. The adjustment. We would favour pur-

supply chases att tightness of the World

any recessions. En- Patzley situation and the delay in Argenquiries from the Trade and from Potato, sweat

Japanese Constructions (Old). $1%%' z tine harvesting suggest higher outside interests are showing a

American Constructions (New) 421⁄2 cts. prices. We remain bullish on the healthy increase.

b.

Zoong Singa Sh $31 n. Wing On Textiles Sh.$36 n.

Miscellaneous

Entertainments $3.40 m.

Herring

Onions, Bembey

Shanghai

Lobster

Green

Mackeral

60

Oysters

PerchTM 1ibe

Past 1,828

Signal Station

1,774

Mt. Parker ****

Mountain Lodge

1,784 1,728

The Eyrie

1,728

general outlook.

Feak Hotel

Mt. Davis

"Bowen Road (filterbeds).

1,305 877 237-

Vibro Piling $511⁄2 n.. Ch Govt. 5% 1925 G.$Bda

MAINLAND

FLK. Govi, 4% Loan 8%

b.

Przepkin Flashes: The American Railway Radish Total sales:-32,229,000 bushels. Association estimates car-loadings Thubarb (French) Corn: The strength of the feed for the past week at 562,000 cars, Turnips Punti zituation is helping prices. The which is an increase of $6,000 prem. prevailing colder weather is cans cars over the corresponding period.

ing decreasing, country shipments of last year.

Propofret, White Freundret, Himek

Bosch

(Loer)

Fast

Taimoshan

Kowloon "Pesk-

3,124 1971

HK Govt. 52% La

prem. b.

Vegetable Karzew Water Lily Boot Spinach Taustomi

Salmon Shark Marings

Tench

Wallace Harpers

3% and a better feed demand, but the Steel Mil activity for the past hog run fa now nearing its peak week is estimated at 19.4 per cent and we would limit our purchases of capacity

#Mudrooms

·10

Canton "Fresh ~Water - Fish ~*~* Codfish

Crab

#8′′| Cuitle Fish

$ Dace C

17

20

Frogs

Eels Conver Eeir Freak: Water Eels Yellow

Gerotipa

Guigpok

9. TABBANT/REBES8AM-8=8**=**=*82