1937-01-27 — Page 7

BANKS

HONG KONG AND SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Autherland Capital

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

Issed and Faily-Paid-up - 20,000,000

Reserve Funds....

Sterling ......£6,500,000

Hong Kong Currency

Reserve

......$10,000,000

Reserve- Liability of Pro-

prietors

. $20,000,000

HEAD OFFICE: HONG KONG,

BOARD OF DIRECTORS

Hon. Mr. J. J. Paterson.

Chairman.

G. Misicin Esc

Deputy Chairesan.

A. H. Compton, Esq-

Bon. Mr. & H. Dodwell,

M. T. Johnson, Esq,

1. E. Maason, Ess. Morrison, Esq

INDIA, AUSTRALIA & CHINA

Incorporatul in Hagi) Charter, 1908.

HEAD OFFICE: LONDON

Paid-up Capital-

|Reserve Fund

| Reserve "Lisbility of Pro-

prietors

£3,000,000 £3,000,000

Agencies and Branches:

Alor Star

Banglak

Extrachi

Bombay

Caloura

Canton

Inching

Cawagons Cabu Colombe Delhi

Madea New York

Paning

Harbin

Bangpon

Daigon

Батиль

Seratades

Shanghai

Singubatu

Sitiawan Sourabaya Taiping

(Bhuket)

Takposms. Zamboangs

Commerce and Finance

NEW ADVERTISEMENTS

HONG KONG STRAITS FREIGHT-CONFERENCE.

Foreign Skippers.

TOTICE is given that

New York Share Market Nm the the MARCE,

January 27, 1937.

Messrs. White, Weld & Company, New York Correspondents for Messrs. S. E. Levy &. Company, Refort:

LOCAL SHARE MARKET

and

1937, rates of freight from Hong Kong to Singapore, Penang, Port Swettenham (direct

via Singapore) will be increased 20% (over current rates.

Schedules showing" tariff rates! The following was the list of as from the 1st MARCH, 1937, share quotations issued are now in course of preparation

and will be issued shortly.

Stocks: The previous uncertain- ties with regard to rails have been local added to by the uncertainty re-to-day.

garding the extent of food damage as well as the effect on particular roads of the citrus fruit loss in California, these factors making

Banks H.K. Bank $1870 b.

EK (Lon. Reg.) £118 b. Chartered Bank 416 .

of

no

Mercantile Bank A. and B.

$234 #

I. Pearce, Esq

Farnico Eschange and Gussral Banking boss for weakness in this section A-L. Shields, Esq-

V. M. Grayburn, Esq.

HANGTOK

BOM

CAKTON

CULOMBO

POOCKATO

HAIPHONG

HAMBURG HANKOW KARBIN

PONGIZW

дод

JOHOLE

TOKE

KOWLOON

BRANCHES 2

- ZEALA LUMPUR

LOKDOK

LAXOME

MUAR (obona)

HOLDEX

NEW YORK

FELPING

PEXING MANGOON

SAIGON

SAN FRANCISCO

SHANGHAI

SINGAPORE

KOURARAKA

SENGER PATANI TREKSEK

TOLYO

TSINGTAO

TOKOHAMA

Current Losoole opaced and Pled Deposite

| cocuracy of Bettiah Income Tax omneyall, an

| Agensias and Zurekin.

A BREARLEY,

Hong Kong, 1st January, 1955.

THE CHINA & SOUTH SEA BANK, LIMITED

the market. There has been

HERT

200uired for coe year or shorter periods new development in utilities and which will be quoted as ngplankkima

The Back's Hand Ofas la Linden und no change in the statistical pod-| Arsenior and Trustee painum, and chimion of oils and coppers. The au- Hva syn monrmined as mitomobile strike situation is de

pressing motors and steels. We Mager fear a loss of buying power in the food sections where there are im- [portant customers, which accounts for the special weakness in Sears, Roebuck and Montgomery, Ward shares. There is at present no sign of a settlement of the auto- mobile strike in the very future, while the situation holds the possibility of getting worse before it improves. This, together with the tehnical position of the market, as well as the fact that the food has not reached the | peak and the fact that its effects on certain industries is stâl unknown. combine to make further moderate | recessions probable. · Our view that such recession will not be extreme is still unchanged, as well as our optimism regarding the eventual outcome of the labour situation.

(Incorporated in China) Head Office-Shanghai Capital

..$7,500,000.00 BASKYTE ........*. $1,600,000.00

Chine

Current descents opened in Lecs? Corretty and Branches-All Important Cities periods woal Corranty and

Fixed Deporte cosaïved for one year or abortse

which be read o say, facing m bac

AL30 vp, to sam KAYE DEPOSIT BONES. 11⁄2 Hong Kong, 24th February, 1995.

HONG KONG SAVINGS BANK

The Basis of the shove Dark in monimekuit the HONG KONG AND SHANGHAI BAXE. ING CORPORATOR. Runs may be mad

FOR THE HONG KONG AND SHANGHAI

V. M. GRAIBERX,

- SANKING CORPORATION.

Chief Manage. Hong Kong, 24th February, 1835.

THE BANK OF EAST-ASIA, LTD.

$10,000,000.00

Authorised Capital Padop Capiz Smerva and Undivided Frutiis maž 2,020,206.52

HEAD OFFICE:-HONG KONG. -1, Des Tour Bok, Central,

BOARD OF DIRECTORS:--

Bon. Sir Showson Chor, Chairman; 34 Kann

Chuc, Eng. F. L. Xock. Zan Toog T Trop. Eaq- Casa Ching Bhak, Ili Za

Wang Cha con, Zng, and Zai Zag

Pos Ing

Kan Thay Po. En Chief Manager. Life Fong Esq. Komput.

haway

BRANCHES AND AGENCIES ---

Manila

Santičn

Berky. Calestia Car

Rafphong

Elveblaku

Loba

Sewinan L-codon

Malboscone

Semarang

Swag

Zagradci

New In

Sagapena

Osaka

Surabaya

Puris

* Svend

Tmping

bydney

Prog

Kangoon

Preciska

Saigon

Tabeerret San Francisco

Every description of Banking and Exalongs! business reacted Jones granted on approved securitisa

Cerawat- Abwctha apsand in Lavon! CurnaMAY and Fixed Deposits źeosived for, nos que · Or aborter acids in Local and - Forsign, Dizzanalen on terms which will be quoted; on appilassic-

Sale Deposit Boz Te Letr

KAN TENG TO.

Zerwiga Kashangs and Gewal Banking [membukaan)]

Current and Suring Accouche oggend und Zized Deposite received out just of shore N° 20000 width will be gooted in spylimation.

HONG KONG BRANCH?

11, Queen's Road, Central, Manager's Othes

Foreign Enbange Degt, men Gerd ee sama Cashier's Of

THE WING ON BANK, LTD.

Head Office Hong Kong

26, Des Toers Road, Central Authorised Capital $10,000,000

LONDON BANKERS:-m Westminster Bank, Ltd.

Expectations that the Federal Reserve will soon announce an in- crease in reserve requirements are interpreted bullishly with regard to bank stocks. Yesterday's buy-: ing was general and. being unlist-į

Foreign Exchange and every des-jed, its volume cannot be determin- iption of banking business transact-fed, although it is estimated that it was three times the normal volume.

ed.

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

Trusteeship & Executorship under taken Safe Deposit Boxes for hire

PHILIP GOCK CHIN, Chief Manager.

INDIA, LTD.

HEAD OFFICE: 15, Oxsoncherah kaset, London, 201 Authorised. Capital £3,000,000

Business

shares.

done: 2,170,000

Cotton: Differentials have been established in the Government loan cotton to equalise location, but the grade differences in low grades are higher than the current market

Mercantile Bank C. $14% I

Bank of East Asia $83 n.

Insurances

Canton Ins. $305 b. Union Ins. $620 b.

Chins Underwriters $1 n. HK Fire Ins. $3011⁄21⁄2 n.

JARDINE, MATHESON

& CO., LTD. Secretaries, Hong Kong/Straits

(Freight Conference, Hong Kong, 27th Jan. 1997.

LOCAL DOLLAR”

STEADY

i

International Assce. Sh. $34 Silver Prices Steadier

Shipping

Douglases $30 2.

HK. Steamboats $1.40 1. Indo-Chinas (Pref.): $55_n. Indo-Chinas (DEL) $36 m. Shells (Bearer). 185/7 Union Waterboats $10% n.

Docks, etc,

n.

HE. and X. Wharves $109 HK. and W. Docks $14.80 b..

$14% 32.

Providents (Qld) $1.60 m Providents (New) 20 ets. n. New Engineering Sh.$4 n.^ Shanghai Docks Sh.$90-z.

Mining

Kailan Mining Að 16/6 m. Bachs $12.85 1.

Vern Goldfeld $8 m.

Lands, Hotels, etc. FK. and S. Hotels $ HK. Lands $3434 b.

FK 4% Debentures $105 H Shanghai Lands Sh.$16 n. Metropolitan Lands Sh. $10 n. Humphreys $934 n. H.K. Realties $4% Chinese Estates $76 n. China Realies Sh.54 n. China Debentures Sh.360 #.

PHILIPPINE “MINING ·

Antamoks

Atoks Baguio Gold THE MERCANTILE BANK OF || differences, indicating that few low Exlator Mizing

grades will be sold and thus caus- | Benguet Consol. ļing a firmer tene. Loan cotton at Benguet Explor

BP Wedge |ports amounts to 757,000 bales and

Coco Grove this is the most likely outlet for Consolidated Mines export, but Liverpool advises that Demonstrations (there is very little demand for low-E Mindanao

grade loen cotton Ware-houses Gumaus· G'field

Ipe Gold in Memphis contain stored loanx. L cotton to the extent of 28,000 bales Itogons and this is liable to possible flood Masbate Consol damage. We would continue on Min. Resources the long-side, taking part in pro

Northern Mining fits on good advances.

Rubber: We think that the third quarter rubber quota of 85% is

Subscribed Capital ***** 1,800,000 Paid-up Capital ... 1,050,000 Reserve Fund & Pest .. 1,247,330

RANKENS: The Bank of Engl) à 153and Bank,. Zid-

BRANCHERS:

New York Penang

Fors Losle (Maartins) Bangone

Chief Masager.

Banglak Bombay

Colombo

Ipak

Kosa Lápis

King Lag Howish

Kemian (Faling) Singapore Madras.

THE YOKOHAMA SPECIE BANK G

LIMITED

Established 1880

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

HONG KONG BRANCH.

Every description of eBanking and Ember warranted by the consumption

Teorian and Ymwmienskips undertakes... INTREST Biomed en Garunt. Lowende and Yen.130,900,000 post at Enter that may be ascertained

fum applestio-

Head Office: YOKOKAMA

Branches and Agencies at

Alexandria

Bangkok

Batavia

Berlin

Bombay

Calcutta

Canton

Dairen (Dairy)

Moji

Nagasakc

Nagoya

New York

Ozaica

Padis

Pelping

|7, Queen's_Boat, Custest,

outlook and we would remain bul-: |lish, without following bulgas.

Corn: The United States Agricul- tural Attache at Buenos Aires sees indications of excellent Argentine leorn erop prospects.

Fengtien (Mukden) Rangoon,

Hamburg

Hankow

Harbin

Hong Kong

Honolulu

Hsinking

Rio de Janeiro

San Francisco Seattle

Semarang

Shanghai

Sings are Sourabays Sydney Mondain

TRAVEL

Karachi

Kobe

Lorian

Manila

Los Angeles

Thingtax

Yingkow

Interest allowed for Current Ac-|

count.

Deposits received for fixed periods at zates, to be obtained si applies-

T. KANO,

Hong Kong, 13th November, 1936:

“American

Express"

SHANGHAI COMMERCIAL & SAVINGS BANK SARITED:

Capital weld

World Wide Organization:

No. 4, Des Voeux Road, Central.

Paracale Gamans

|

The local dollar is steady, open- ing on demand yesterday at 1/2- {29/52.

"Spot" silver was quoted at 20- 7/16 and "forward” at 20.

The London on New York cross-

while the New York on London rate was quoted at £-U.S.$£903⁄4,

cross-rate was quoted at | U.S.34.90%%.

COMMODITY PRICES

The following quotations have been received by Beaters-

CANADIAN PACIFIC

WORLD'S - GREATEST • TRAVEL SYSTEM-

EXPRESS of JAPAN EXPRESS of ASIA

EMPRESS DE CANADA

EMPRESS of RUSSIA”

Mabstain a regular service to Vancouver Empress of Japan and Empress of Canada”, sai Honolulu and Euprem of Asix and Empres, of Russia the direct express route.

Air Conditioned-alegging cats and observation exes on

Trans-Continental Texing.

COOL QUIET

COMFORTABLE

Air is cleaned, dehumidifed, constantly freshened and kept at a uniform temperature.

EMPRESS OF JAPAN

SAILS FOR VANCOUVER via SHANGHAI JAPAN

& HONOLULU AT NOON

FEBRUARY

TUESDAY,

23rd.

For Information Apply To Your Own Agent Or

Canadian Pacific

:SPANS`THE WORLD

Tel: 28752

DAILY CROSS-WORD PUZZLE

This cross-word puzzle has been made by an exper but our readers are warned to look out for occasional phonetic speling, such as harbor, plow, and altho

16

Prev. Yesterday Closing Closing

New York Cotton: March

12.48

1267

May

12:35

12.41

July

12.19

12.27

October

11.73

1185

December

11.73

11.85

January

11.237

185

Spot

12.98

13.07

New York Rubber: March

21:15

21.424

Cincing

Estes

May Sales July

21.15

21:37

21.05

21625

21.032

27.92

2114a 2

| Chiengo Wheat;

May

128

128%

July

1133%

113%

September

109%

109%

Chicago Corn:

May

109

10954

July

10432

1045

165/63

September

100

100

45 146 147.

.69

Winnipeg Wheat:

May

122

12134

1184

118%

10834 1074

10 am. Local September

in Pesos Currency December ... 20.95

175

Salacot Mining San Mauricio Suyor Consol. United - Paracales

Public Utilities H.K. Tramways $12% sa. Peak Trams (old) $4 sa. Peak Trams (new) $2% z Star Ferries $93. s.. Yaumati Ferries $25 n. C. Lights (Old) $13.85 b.

32.

C. Lights New) $10.60 b. HK. Electrice $551⁄2 1. Macao Electries $20 m. Sandakan Lights: $10 n. Telephones (Old) $283⁄41⁄2 b. - Telephones (New) $10,40 n.

China Buses Sh.$113% ¤. Singapore Tractions 21/- n. Singapore Pref. 27/- n."

and

Min Industriais "Cald", "Macg." (Ord.) 22.8191⁄2 14 Cald, Macz (Pre£) Sh.$15 m. -Canton Ices $2,05 m.

Cemente $103% 1" -HK Ropes #21⁄2 n

Stores, etc..

Dairy Farms $227% 1 Watsons. $44 De

Lane, Czuwfneds $6% n. Sinceres $24

Wing On (ELI) 150, 1.

Cotton Mills

Ewo. Cottons Sh$15.70 sa. Shanghai Cotton" (Old) Sh.185 |

Shanghai, Cotton (New) Shą60-

Vibro Pili

Jaly October

BERLIN BOURSE

Berlin, To-day.

The favourable reaction in the capitals of Europe to the German and Italian replies to the British Note on Spain has had its effect on the Berlin stock exchange.

Stock put on the market by for eign holders because of the rise in price abroad for blocked marks, was readily absorbed, rises in the quotation amounting to as much as one per cent.

Buying by dealers, in anticipa-

*

HORIZONTAL 1-Fine" out 5-Enlighten. 5-Binging voice 10-Deface 13-Want

17-Remala 15.A dance

Wild (Boot-)

tion of greater interest by inves-Conjunction tom, was a feature of yesterday's trading.

German fixed interest securities were again fim, stock available on the market being smaller than for] some days past Trans-Ocean.

SINGAPORE RAW RUBBER

Mesars. H. B. Joseph & Co., re- ceived the following quotations |from Singapore in Straits · Car-

rency for Raw Rubber:

Spot 35-4 h. Up Feb/Mar. 85-%1⁄2 b. Up * Apr/Time 35 b. Up 2. July/Sept 36 h Up Market: Uncertais.

-

THE CATHEDRAL

(contr.)

addition

127

18

| HORIZONTAL (Cont.) | VERTICAL, 157-Snow vehicis

55-Behold

|S)-Small Hizard

jes-Letter of credit-

(abbr.)

63-digif an am

64-Very warm 65-Gain

-Drunkard

70-Preserves food 21-Tamuit 75-Agitate

5-Evidence |78-Hailan post

VERTICAL

*Troubles

S-Very 4–Apstrellas bird:

7-Not many o & Period of time

baped

54-Egyptian ord 55-Short-vered mentiff

|16-On the left side:

san Conference;

of the Cathedral Chum

Annual Meeting To Be To clect fidement

Held

Business to be done at ta izual church meeting of St. |Cathedral-st the Cažbe

at 6.30pm to-morrow, is on agende as follows: To elect Re

for the current finan receive from Catří for approval: (1) copy of the Electoral ökuls. Annual Report on its

reference.

the fabric, goods

sentatives to the Board of Trus- zunts of the Cathedral

tees of the Church of England in Avisual

the

the Diocese of Victoria; Repre-affairs of the sentatives to the Victoria, Dioce- md the Buden for 1987.

-Prefix. Good-

23-Short guitare.

18-