1937-02-19 — Page 17

THE CHINA MAIL, FEBRUARY 19, 1987.-

U.S. DECLINES TO PLAY IN RUBBER BOOST

LONDON, TO-DAY,

THE REFUSAL OF THE NEW YORK RUBBER MARKET TO FOLLOW LONDON'S LEAD IS AROUSING CONSIDERABLE DISCUSSION AMONG LONDON RUBBER QUARTERS.

BERLIN BOURSE

Berlin, To-day.

It is pointed out that recently the firm undertone prevailing here fails to be reflected in New York, whose opening advices are invariably disappointing.

The share market opened firm yes- Some quarters are of the opinion terday a a somewhat livelier appear that American consumers, in order ance was apparent than for some days to prevent further rises in prices, past

Prices rose slightly but after the prefer to draw on their stocks.

first buying orders were executed, busi- This opinion is strengthened by ness tended to become quieter later in the fact that London dealers are of the day. fering rubber to New York and re-business was the recovery of German

The outstanding feature of the day': ceive the reply "uninterested.”

Railways-Trans-Ocean.

BUYER RESISTANCE

In New York, says a cable, rub- ber authorities state the opinion that the refusal to follow London reflects chiefly the resistance of buyers to high levels, considering that the price is around 21 cents, compared to fifteen to sixteen cents at the end of June.

Consumers in New York are be- -lieved to be fairly well recovered

Reuter.

DAIRY FARM CO.

SINGAPORE RAW RUBBER

ber:

Messrs. H. B. Joseph & Co., received the following quotations from Singa- pore in Straits Currency for Raw Rub-

Buyers. 35 Down 1% 35% Down 1% 35 Down 1% 35 Down 1

Spot March

April/June

July/Sept

Market: Easier.

PRESIDENT WILSON

Subject to audit, the Dairy Farm Ice The Dollar Liner, President Wilson, and Cold Storage Co., Ltd., report that will be arriving in Hong Kong from the balance at credit of Profit and San F mcisco on March 2, with the Loss Account for the year ended De- cember 31 last, including the sum of $76,428.38 brought forward from last year's accounts is $510,772.03.*

following ship's officers on board, Captain "D. C. Austin, Chief. Officer V. Nielson, Chief Engineer A. K. Johnson, Purser C. Miller, Chief Steward A. Payment of an interim dividend in Bissell, Doctor R. R. Cutting, and a September last absorbed $125,715. heavy passenger list. Those passen- The Directors will, at the forthcom-gers destined beyond Hong Kong in- ing ordinary yearly meeting of share-clude:-For Manila, Mrs. F. E. Reams, holders recommend that the balance of Lt. Comdr. and Mrs. E. F. Barker, Mrs. $385,057.03 be distributed as follows: M. Black, Mrs. J. Coleman, Mrs. E. Pay a final dividend of $1.00

Diggs, Mrs. M. E. Wing, Mrs. N. E Fontillas, Mrs. B. Gustafson, Ens. and Mrs. R. A. Gallacher, Mrs. J. Linning- ton, Lt. and Mrs. N. J. Nichole, Lt. and 25,143.00 Mrs. E. V. Peters, Ens. R. A. Raborn,

per share making $1.50 for the year, absorbing..$251,430.00 Pay a Bonus of 10 cents per

share, absorbing-

Add to Staff (Chinese) Su-

perannuation Fund

Add to General Reserve

To carry forward

Ens. J. H. Staley, Mrs. K. B. Streeter, 10,000.00! Mr. and Mrs. F. W. Scandland, Mr. and 25,000.00 Mrs. J. Weeks. For Singapore Mr. 73,484.03 J. C. Gallacher. For Bombay and Be- yond Mr. E. Belsvig, Prof L. EL $385,057.03 Ehrber, Mrs. F. Hastings, Mrs. L. Kibbe, Mr. C. S. Knowlton, Mrs. Mary

land Mrs. M. Stevenson.

The annual meeting of the Company McKeab, Mr. and Mrs. H. M. Reynolds will be held at 11 a.m. on March 25.

HONOURED

THROUGHOUT THE WORLD

American Express

Travelers Cheques

The safe and convenient means

of carrying travel funds.

THE AMERICAN EXPRESS CO., INC.

Incorporated with Limited Liability in U.S.A.

4, Des Voeux Road, Central.

BANKS

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

Incorporated by Boyal Charter, 1859,

HEAD OFFICE: LONDON

Paid-up Capitał

Bangkok

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

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 Reserve Liability of Pro

prietors

$20,000,000

HEAD OFFICE: HONG KONG.

BOARD OF DIRECTORS. Hon. Mr. JJ. Paterson Chairman

Reserve Fund

£3,000,000- £3,000,000

Reserve Liability of Pro.

prietors

.£3,000,000

Agencies and Branches:

Alor Star

Flolo

#

Ipoh

Karachi

Rangoon Saigon. Samazan

Flang

Bombay Caloutis Castos Campore

Kuala Lumpur

Kushing

Madras

Cebu

Mazia

Tatning

J. K. Bousfeld, Esq., A. H. Campun, Esque Hon. Mr. S. H. Dodwell,

Colombo Delhi

Medan

Tiantain

New York

Tomskab

Haiphong

Pelping

(Bhuket)

(Peking

Tsingtao

Penang

Tokobama

Zamboanga

... Bateria

Bambery Hankow Harbin

Hom

Long

Fobs

Foreign Exchange and General Banking businem

transacted.

Current Accounts opened and Fixed Deposits received for one year or shorter periods at rates which will be quoted on application.

The Bank's Head Office in London undertakes Executor and Trustee business,

claims. of British Income Tax overpaid, on terms which may be ascertained at any of its Agencies and Branches.

ICCOTELY

and

A. BRFARLEY,

Manager. Hong Kong, 1st January, 1935.

THE BANK OF EAST ASIA; LTD.

Authorised Capital

Paid-up Capital --...... Beserve and Undivided Profits winn

$30,000,000.0XI

5,598,800.00 2,685,535.59

HEAD OFFICE:-HONG KONG. 10, Des Ver Road, Central.

BOARD OF DIRECTORS j

Hon. Sir Shou-son Chow, Chairman; Li Koon Chan, Beg, P. K. Kwok Zaq. Wong Yun Tong Eag Chan Ching Shek, Baq., Li Lan Sang. Esg Wong Chu Son, sg, and Kan Ying Po. Esq.

Kan Ting Po, Esq., Chief Manager. Li Tee Fong. Manager.

BRANCHES AND AGENCIES --

Manila

Melbourne

Amay

Bataria

Bombay

Nagasaki

Calcutta Canton

Haiphong Bantow Honolulu Robe

New York Osaka Pariz

Peiping

Kowloon London

Fenang

Rece

Saigon

San Francisco

Seattle

Shanghai Singapore

Souzabaya

Saatow

Sydney Taizoku

Tientin Ickya Toichams

Every-description of Banking and Exchange business transacted. Loans, granted an approved securities.

Current Acomantas opened in Local Currency and-Fixed Deposita received for one year shorter periods in Local and Foreign Currencies on terms which will be quoted on application.

Safe Deposit Bozes To Let

KAN TUNG PO.

Chief Manager.

THE WING ON BANK, LTD.

Head Offices Hong Kong. 26, Des Voeur Road, Central. Authorised Capital $10,000,000:

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

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

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

„PHILIP GOCKCHIN, Chief Manager.

STAMPS OF THE MOMENT

KING EDWARD VIII

issued only for

Great Britain and Morocco Agencies We have mint sets FOR SALE

GRACA & CO.

Dealers in Postage Stamps. Garden Seeds, etc., No. 10 Wyndham Street- Established Hong Kon

G. Miskin, Esq.,,

Deputy Chairman.

M. T. Johnson, Esq.

J. R. Manson, Esq.,

K. S. Morrison, Esq. T.E. Pere, Esq. A. L. Shields, Esq..

V. M. Grayburn,TM Esq., Chief Manager

AMOY

BANGKOK

BATAVIA ΒΟΜΒΑΣ CALCUTTA CANTON CHEFOO COLOMBO DAIKTAN FOOCHOW

HAIPHONG

HAMBURG HANKOW HARBIN HONGKEW ILOILO

IPOE

JOHORE-

KOBE

KOWLOOX

BRANCHES:-

KUALA LUMPUR

LONDON LYONS MALACCA MANILA MUAB (Johore)

MUKDEN

NEW YORK HELPING PENANG RANGOON SAIGON SAN FRANCISCO SHANGHAI SINGAPORE SOURABAYA SUNGET PATANT

ESEN. TOKTO

TSINGTAO YOKOHAMA

Current Accounts opened in Local Currency and Fixed Deposits received, for one year or shorter periods in Local Company "and Sterling on terma which will be quoted on application.

ALSO up to date SAFE DEPOSIT BOXES in various sizes TO TAPE..

Hong Kong 24th February, 1936.

HONG KONG SAVINGS BANK

The Baxinoes of the above Bank is conducted by the HONG KONG AND SHANGHAI BANEZ ING CORFORATION. Hules may be obtained

on application.

FOR THE HONG KONG AND. SHANGHAT BANKING CORPORATION.

M GRAYBURN,

Calet Manager.

Hong Kong, 24th February, 1988.

THE YOKOHAMA SPECIE BANK -

LIMITED

Established 1880

Capital (fully paid-up) Yen 100,000,000 Yen:130,900,000 Reserve Fund:

Head Office: YOKOHAMA Branches and Agencies at

Alexandria Bangkok Batavia

Berlin

Bombay

Calcutta

Canton

Dairen (Dainy)

Мой

Nagasaki

Nagoya New York

Osaka

Dera

Paris-

Peiping

Rio de Jeneiro

Fengtien (Mukden) Rangoon

Hamburg

Hankow

Harbin

Hong Kong Honolul

Hsinking

Karachi Kobe London

Manila

Los Angeles

San Francisco

Seattle

Semarang

Shanghai

Singapore

Sourabaya

Sydney Tientsin

Tokyo

Tsingtau

Yingkaw

Interest allowed for Current Ae- counts.

*

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

T. KANO

*Manager. Hong Kong, 13th November, 1988;

THE

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED:

(Incorporated in Chins)

"Capital paid up^~^\/

Reserves

£5,000,000.

$7,500,000.

Capitals Savings Dept: © $5

Reserve Savings Dept. $600,000**

Head Office - Shang

"A Bank "Having as its Ahe industrial-der

Chiria and the

rcial relations Hong Kong Ofies-

5, Queen's Bond