1938-01-05 — Page 17

THE CHARTERED BANK OP INDIA, AUSTRALIA CHINA.

Incorporated by Itoyal Charter 1833 HEAD OFFICE:—LONDON. 19 intuspsgate, 8.0.3.

Paid-up Capital

£3,000,000

BANKS

The P. & O. Banking Corporation, Ltd. (Incorporated in England, 1920).

$3,000,000 Reserve Liability of Proprietors £3,000,000 Authorised Capital

......... £3,000,000 | Subscribed mid Paid-up ............. #2,304,100| Reserve Fund

Reserve Fund.......

£ 100,000 MANCHESTER BRANCH:

Mosley St, Manchester,

READ OFFICE: 117-122, Leadenhall Street, London, E.CJ, WEST END BRANCH: 14-10, Cockspur Street, London, B.W.1. .DLLANCHES-Bombay, Calculia, Call-

AGENCIES AND BRANCHES:

Alor Star

Amritsar.

Ilangkok Jintavin

Iph 1101

Saigon

Bombny

Calculin Chato

Karachi Klank Корбут Juala

Semarang Seremban Shanghal Singapore Sitiawan Sourabaya Talplug Tientsin

Tongkat

Bestan

(het)

New York

Petping

Tringto Yakobaina Zamboang

Cawnpore

Cebu

Bumpor. Kuchin Madras Manito

Colombo

Delhi

Flatphong Hamburg

Hankow

Harbla

Feke

Penarol Itangom

Foreign Exchange and General Bank- in businen transacted.

Current Aceminis opened and Fixed Deposits received for one year or shorter perios at rates which will be quotett 031 application.

The Bank's tead Ofier London undertakes Executor Trustee bosinec and claim recovery at British Income Tax overpakt. on termin which may kay Ascertained at any of a Astmelés & Branches.

THE MERCANTILE BANK OF INDIA, LIMITED.

Head Office:-15, Gracechurch Street, Londen, E.CJ,

£3,000

Authuried Capital

Subscribed Capital

Paid-up Capital

Herve Fund art ent

BANKERS:

Colmbatore Calombo, Hongkong, cut, Madras, Shaoghal, Singapare.

Agencies:-In all the principal towns of the world,

General Exebange and Banking bual- Lean and overdrafta nesa frananeted,

Current granted on approved security. and Fixed Deposit accounts opened.

SAVINGS ACCOUNTS IN LOCAL CUN-

at 20 HENCY-Interest allowed

per

DONATTA,

STERLING SAVINGS ACCOUNTS: Interest allowed at rates which may be obtained on application.

THE HONGKONG

TELEGRAPH.

HONGKONG AND SHANGHAI BANKING CORPORATION.

$50,000,000

Authorised Copliai ............. Dwued and Fully Pald-Up .... $20,000,000

Reserve Funds:-

Sterling

£ 0,500,000 Hongkong Currency Reservo $10,000,000 Reserve Liability of Proprietors $20,000,000 HEAD OFFICE:—HONGKONG, BOARD OF DIRECTORS;—

G. Mokin, E..

Chairman.

Hon. Mr. M. T. Johnson, Deputy Chairoron,

J

J. K. Nousfield, Esq. K. S. Morrison, Esq.

Hon. Mr. J. J. Paternod T. E. Penres, Esq.

A. I. Complen, Esq. S. H. Dodwell, Esq. J. R. Masson, Esq.

A. L. Stilelds, Esq. Sir Vandeleur M. Grayburn. CHIEF MANAGER. BRANCHES-

AMOY

BANGKOK "

BATAVIA

HOMBAY

CALCUTTA

CANTON CHEFOO COLOMBO DAIREN FOOCHOW

PAS-IPRUNG

TRAVELLERS LETTERS OF CHROIT. TUAVELLERS' CHEQUES AND SENGER LETTERS OF CREDIT (for use Steamers ang). on board 4. & 19. anul 21.

at Parts of Call) are found at current Tale of exchange and free of coralssion. EXPRESS TRAVELLERS' AMERICAN

THEQUES rold and rashed.

British Inconte Tax Recovered. Executorships, stul Trusteeships under-

W. J. WADDINGTON,

taken,

*Slanager.

Hongkong: 3rd Apr, 1987.

THE BANK OF EAST ASIA. LIMITED.

1,039.0GHT 1.241.8089

Autharked Capital

The Bank of England & Midland

Bank, Ltd.

BRANCHES:-

Hannkok

Speak

Bombay Calcutta Colonia

12+121

Galle

Hongkong

Howrah

Every

Kuantan

Kandy

Korechi

Kota Shari

Madras New York

Petiang

Start

Shanghai

Kuala Lipis

Sunda

Kain Laitapur Singapo

Kunia Trengganu.

IRINGKONG BRANCHL.

description of Banking and

Exchange Besiness transacted.

TRUSTER AND EXECUTORSHIP'

UNDERTAKEN.

interrat allowed on Current Accounts and Fixed Deposits of Ratea that nag te ascertained an application.

Pull-up Caphat

Rearve and Undivided

Jan

$10.000 600.50

$ 5,500,000.00

$2,776,728:36

HEAD OFFICE-HONGKONG 20, Den Vorax Rond, Central. BOARD OF DIRECTORS:~ Sir Shnson Chase, Chalisan.

La Koom Chun, E4.

P. K. Kwok, Baq.

Wong Yun Tong, You

Pum: 19tut Wah. Deg.

Wont Chu Son, E.

Chan Chung Shek. Eg Kan Ying Po.-ENG. KAN TONG PO, Esq., Chlef Manager.

LI THE FOND, Esp, Stanager. BRANCHES AND AGENCIES:-

Amoy

Melbourne

Nagasakl

New York Osalu

Pet F'era

Flat

Shanghal

Storapare

Sourabaya,

Swalow

Sydney

Tikku

HAMBURG HANKOW HARBIN JONGKEW II.OILO

JOHORE KON

KOWLOON KUALA LUMPUR

LONDON LYONS

MALACCA

MANILA

MUAR (JONORE) MUKDEN

NEW YORK

PEIFING

PENANG

ILANGOON SAIGON

SAN FRANCISCO SHANGHAY SINGAPORE

SOURABAYA

SUNGEI PATANI TIENTSIN

TOKYO

TSINGTAO YOKOHAMA

Current Accounts opened in Local Cur- enes and Fixed Deposits received for enge year or shorter, periods in Lochi Porrevey and Sterlag o Leena (will be quoted an applications.

As up to date SAFE DEPOSIT

BOXES in various sizes TO LET.

Hongkong, in May: 1987.

which

HONGKONG SAVINGS BANK.

The Daziness of the above Bank la condueled by the Hongkong and Shang- Har Hanklang Corporation. Rules may be oblained on app)ention, FOR THE HONGKONG AND SHANGHAI BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. Hongkong, 18th May, 1937.

THE YOKOJAMA SPECIE BANK. LIMITED.

V.160,000,00

Capital culty pold-up) Reserve Futil. Y,134,400,000

BEAD OFFICE:-YOKORAMA. Branches and Agencies at

Alexandria

Batavia

Talombay Cakrutia Canton

Haiplung Marikaw termsulus

Tento

Tekyo

Managri.

от Kowbon

Sabooh

Sau Prape

Vancouver Yokoln

Seattle

Hangkok Balavin Berlin Hewabay Cidentia Conton Dairen

Manila

Semaran

(Only} Fenstien.

(Mukden)

Hamburk Bukow

D. BENSON,

EXCHANGE RATES

Paris....

Jan. 3.

147.10-

21.02%

Every description of Banking and Ex- chate busineki transaeter,

ed on approved securities.

Penc

Lacans prank.

Current Acrotints opened in Local Cur- and Fixed Deposts reerived for one year or shorter periods in 1.ucal and Fareign Currencies en terms which will

be quoted on application.

Safe Deposit Boxes To Eart

KAN TONG PO,

Manager.

Noni

1240 .57436

Jan. 4. 147.9/61 21,615 12.42

951

22.40

22.40

19.40

19.40

19.00

19.90 Mindrid.

Nom.

39016

220%

226 Lisbon

110

110%

1/2 A

112 Hongkong

173.

New York,

.5.0012

5,001 - Bombay.

1/6

2614

.8.98% 1432

154 Yokobaraa.

1/2

Geneva..

Berlin.

Athens. Milan

Copenhagen

Stockholm Oslu

Helsingfors.

Shanghat

Vienna.... Amsterdam Prague,

BOOKING

at the

5.01

29.492

Harbin

Monterrü

Hongkon

Fisting

Karachi

Kobe

London Las Atwteles Manila

Muji Nagasaki Naoya New York

Xari

ka

Petpang

Kanton

itio de Janeiro Se Frameisen Seattle

Semarang Ishanghai

Singapore Sourabaya Sydney Tientsin

Transto Tokyo Yingkow

Interest allowed on Current Accounts, Deposits received for fixed periods a rates to be oblained on application.

Y. KANO,

Manacer. Hongkong, 11th September, 1937.

liebaude Afontevideo.

210 253,

1/3 Rio de Janeirn....17/32 1/6% Silver (Spot). .10% 5.0075 | Silver (forward), IDA 29,482 War Loan...... 1197

1/21

WEDNESDAY,

SHARE PRICES

The following is the list of local ahare quotations Issued this morning.

Barskom

11.K. Banks, $1,478 b. H.K. Banks (Lon. Reg.), £00 b. Chartered Bank. £12 n.

Mercantile Bank, A, and B. £32

The

Mercantile Bank, C., £15 n. East Asia Bank, $80 n.

Insurances Cunton Ing., $270 n. Union In.. 510 b. ond sa. China Underwriters, $1.50 n. H.K. Fire In., $235 n.

Shipping.

Douglas, $30 b. H.K. Steamboats, 58,20 b. Indo-Chinas (Prof.), $51 n. Indo-Camas (Def.), $43 n. Shell Bearer, 08/14 n. Union Waterboats, $0.30 n.

Docks etc.

H.K. & W. Wharves, $112 b.. ILK. & W. Docks, $28 n. Providents (old), $2 b. Providents (new), 15 cts. b. New Engineerings. Sh Shanghai Docks, Sh.- Kullan Mining Adm. 10/4 #1. Raubs, $74.

Venz: Goldfield, 35 n. Hongkong Mines 13 cts, s.

Philopine Mining Antamok, P. 50 n. Ex. Div. Atoks, P. 17 n.

Bagulu Gold, P. 19 n. Benguet Consol, 0.20 n.

Benguet Explor, P.

Big Wedge. P.

Coco Grove, P. 45 n.

Consolidated Mines, P. 912 11. Demonstrations. P. 35 n.

E. Mindanao, P.

Gumaus Gäcids, P. -

Ino

po Gold, P.

ÍXL. P. 59 n. Ex. Div.

Hogons. P.

Masbate Consols,, P. —.

Min. Resources, P. ---- Northern Mitt., P. —

Parnente Gumaus, P. 10% n.

Salucot Mining, P.--- San Mauricio, P. 48 n. Surve Compot., 16% n. United Paracales, P. 44 n.

Lands, Hotels, ete,

IL and S. Hotels, $5,15 b. II.K. Lands, $31 b.

H.K. Lands, 45% Deben, $100 n. S'hai Lands, Sh. - Metropolitan Lands, Sh. - Trophies, $8.10 b. and sa, II.K. Realties, $434 8. Chinese Estates, $80 n. China Realics, Sh. - China Debent, --

Pabllo Utilities

H.K. Tramways, $1344 b.

Peak Trams (old), $7

n.

Peak Trains (new), $3%1⁄2 5. Star Ferries, $78% b.

Yaumati Ferries (old), $24 n.

Clino Light (old), $10.25 b.

China Light (new), $7 b.

JANUARY 5, 1938.

NEW YORK STOCK EXCHANGE

SWAN, CULBERTSON & FRITZ LATEST REPORTS

New York, Jan. 4. S. C. & F. Dow Jones Summary of yesterday's markets:

nounced

Gains to-day ranged to above points and the undertone appeared to be stront, although dealings failed to expand, with traders awalling the Budget message. The Dollar streng- thened abroad, ufter early weakness. Hudson Motor Company ไทย on- new low-priced car. Bethlehem Steel gained, an the Com- pany is expected to receive a large int the

Government's ship-building contracts. Other pleels advanced, ranging above 4 points. Motors were strong. Coppers were in demand. Aviation shares advanced. Trading. on the whole, was dull, nithough there was

a brief period of activity in the final hour.

Bonds were irregular, but quiet, with Government issues irregularly lower. Curb sleeks were higher,

5. C. & F. New York correspondent cables:

Stocks: The market is making en Impressive recovers,

as sentiment further improves and we expect n advance, at least for the time being. Business failures for the week were 240. Bank deposits for the week totalled $14,431,000,000;

Colion: Belated reflection gives a favourable interpretation to the Pre- sident's message and a recurrence of inflationary Implications, The Trade were good buyers, but contracts were not plentiful. Extreme pessimism is now apparently on the wane,

Wheat! With Winnipeg 32 points over Chicago, Argentine offerings light, and the Buoyancy of other markets, prices heré advancerl easily. Exports today are estimated at 1,750,000 bushels.

Corn: There has been a goud eash demand. Exports to-day totalled 1,000,000 bushels,

Rubber: London was an aggressive buyer, but some hedge-selling by

when

one

thing leads to another

$!

THE REASON IS

ANCHOR

A Programme Of Popular Records

on

COLUMBIA AND PATHE dealers and expectation of shipments | BC20045-You can't run away from love restrained the advance.

Sugor: The market is quiet and steady.

Wall Street Journal

comment:

nunst

morning

The "Journal"

some says that investors are buying aviation shares for a long pull, believing that these companies will

the face prosperous year history.

There has been some switching! from United States Steel and other strel shares Into Bethlehem Strel Issues, largely due to the ship building and armament background. Traders are of the opinion that the 'motor industry has not yet seen its worst anti that it will be some months before there is any definite turn for the better.

Song of the Marines, BC200-16-I know now

Dick Powell,

......Dick Powell,

.James Melton.

Grace Moore.

Cause my bagy says it's so. (The singing, Marine), BC20039-September in the rain

Melody for two, DC15000--One fine day

Love me forever, C8005-Bolero

Entrance of the little fans.

C3003-Libestraum

Nocturne. (Chopin). C5031-Pirates of Penzance C$025-Poet and Peasant

C165-Vieni Vieni ..

O Corso Ile D'amour.

C245-Darling Je vous aime beatenup

For me for you.

Jack Paynes Orch.

.Marechal Cello.

Columbia light opera comp. Percy. Pitt and sym. orch. Tino Rossi.

...thildegarde...

THE ANDERson music CO., LTD.

Dow Jones averages Jan. 3 30 Industrials

Close

120.57

124.61

1K. Electric, $51 b.

20 Rails

29.95

29.50

Macao Electric, 10

b.

20 Uulilies

20.46

20.01

Sandalian Lights, $14

n.

40 Bonds

92.50

02.31

Telephone (old), 52414 h.

11 Commodity Index

52.01

52.01

210

2,17/32

19%%%

Telephone (new), $014 b. China Buses, Sh.- Singapore Tractions, 23/9 n. Singapore Pref., 23/- n.

U.S.

OUR

BRITISH CROSSWORDS

1972 -British Wireless,

TELEPHONE Nos.

2 5 3 1 3.

253 32.

Industriais

Cald: Mack. (old), Sh. —. Cald: Marg. (Prof.), Sh.-- Canton lecs, $1.70 n.

Cement.. $12.70.su.

H.K. Ropes, $3.75 n.

Stores, &c.

Dairy Farm, $234 b. Watsons, $4.00 b.

Lane Crawfords, $8.00 n. Sinceres, $1.75 n.

Wing On (11.K.), $40 n. Win. Powells, 75 cts. 1.

Cotton Milis

COMMODITY PRICES

LATEST CABLED

QUOTATIONS

New York, Dec. 4.

The following quotations on the New York coinmodily exchange are Issued by Reuter:

New York Cotion

10

PHONE 21322

10

11

113

16

ICE HOUSE STREET

14

THEATRE

KING'S

COMMENCING

TO-MORROW

A NIGHT OF ADVENTURE YOU'LL REMEMBER FOR YEARS!

THE

AND THE

Prince Pauper

At last, it's on the screent The best-loved story of America's best-loved au- thorl The swashbuckling tale of three pala-a boy. king, a boy-beggar and w devil-may-care soldier- who amazed the world with the bravest dende that over ved nation!

SEE the pomp of England's coronation .......just as the Landen crave now hi

MARK TWAIN'S

ERROL FLYNN CLAUDE RAINS HENRY STEPHENSON BARTON MELAND MAUCH TWINS

BILLY A BOBBY

Der Kompas formed to WOSEAM.

SIE Enrol on a dashing ad- wanturer who fights for love.... of fighting!

ALSO LATEST COLOURED CARTOON

PM

A BIG SHOT NOW

Wing On Textiles, Sh.

MiscellaneoUN

January

0.24/21 8.20/29

March

8.28/28

8.30/38

Ewo Cottons Sh. $12 n. S'hal Collons (old), Sh. $55 n. Zoong Sings, Sh.-

May

8.33/24

8.15/45

July

8.39/30

2.52/52

October

R.40/45

8.58/50

December

8.52/52

8 02/02

Spot

8.46

New York Rubber

March

14.26 /20 - 14.35/36

23

124

14.46/47

14.57/57

25

14,671

14.42N

127

II.K. Entertainments, $5.25 b. Constructions (old). $14 b. Constructions (new), $1 b. Vibro Piling, $6 n.

Ch. Govt. 547 1915 G5Bds. 74% 1. H.K. Govt. 44% Loun 5% prm. n. 1.K. Govt. 3 Loan 14% prin.

b.

Wallace Harpers, $3% b.

May

July

September

December

14.38 734

14.43/45-

11.52b/5a

Sales for the day:-3,040 tons.

Morsmans Ins. (Lon.), s/ 17/6 n. alay Marsmans Inv. (H.K.), 5/- 4/0 n. July

EXCHANGE

T.T, London Deinand

T.T. Shanghat T.T. Singapore T.T. Japan T.T. India TT. USA. İTİT. Manila

TT Batavia T.T. Bangkok TT. Saigon

Chicago Wheat

9236/0014 93%/9374 87 /8724 8756/0714

ACROSS 7 Without courage (15).

14,237,000 bushels. Chicago Corn

0176/02% 0213/025% ... 01/01 014/01-34

Winnipeg Wheat

B Send round a gratuity to make 1234/125 1254 Bid up the salary (7).

110 Bid 10 English town that suggests a

commolsseur's verdict

the ports (7). 11 Famous engraver artist of old

Saturday's Sales:-

May

July

Selling

18. 27

May

1s, 27% July

1044

-5234

.100

.82

.3012

013%

T.T. France T.T. Germany T.T. Switzerland T.T. Australia

Buying

4 m/s L/C London

4 m/s D/ dio.

4 m/s L/c. U.S.A.

4 m/s France

30 3/8 India

U.S. Cross rate in London

MANILA SHARES

The following business done quota- .55% tions were received after the close of 149

On

12 The miraculous food might

have come

from this part of Asia (0),

the morning session by Swan, Cul-14 This old wallet is now a paper

of value (5).

.90% bertson & Fritz from their Mania)15 A key to knowledge in the

0.10 office:

.70%

.133

1/8

Antaniok

Atok,

Bagulo Gold

Benguet Consolidated

Coco Crve

.1/3 Consolidated Mines

Demonstration

1/3.5/32

.31% Paracala Gumaus

.0.05 San Mauricio

.83 .5.00

Suyo ......

United Parocale

Business Done

USA? (4).

Prices in Pesos,18 Bird popular with children

.00

.10

.in

9.20

40%

.0120

351

13

.40

the earth o'erwhelmi men's eyes" ("Hamlet") (4), 119 This may have enused

death of many a cowboy, either way (4).

117 deeds will rise, though all

them to

the

.In

The tone of the market:-Quiet.

CORNS?

Bolter

because it's liquid.

stop that pain

instantly with

GETS-IT

the infalible

corn ciro.

21 Vegetable (6).

22 Thou art not for the fashion of these where none will swent but for promotion" ("As You Like (1") (5),

23 The

favourite food of five down? (3).

25 It doesn't sound as if orto

should trust this feline (7).

20 Two animals make a mineral

(7).

27 An Association which new- coinera to a place like to meet (two words-8, 7).

DOWN

1 English county that would please "Varsity very stables (10).

2 Show (7).

3 Part of England'or an English-

man (0)

רים

120

4 "Reams" (anag.) (5).

5 One of the seven ages of man

(7).

6 Naval officers (15).

A great man on the Continent (4).

10 To-day is this day (4).

13 This English novelist could have earned a living otherwise with his hands apparently, (5), 14 This kind of "elevator" 19

singularly rare (5).

17 They are more likely to over-

see than to overlook, (7).

18 She would still have been hale

upset (4).

19 Kind of dog that would not need much alteration for the show (4).

20 This would not be suitable for

a fencer to use, surely (7). 23 Sweetment of sorts (0), [24 Tweedledum'a favourite denial

(5).

Yesterday's Solution FORESIGHT DIGI œ|

MOLAIZODU OMAN O

TABLELANDE WALER DEUNGARKOWN IFM DTB TEMPER WINGE

HUBB8 TOWER AFT AHÄMUNTHE-DILO KUT BRIAN SHEER

LEAST EPHEMERAL IHL ALLENISES I} NAIEN GRUBS NESS) E MTỠM CHANDHERVE S-ENBERLOURIEŃ T