THE

CHINA MAIL.

Commerce and Finance.

11

HONG KONG STOCK EXCHANGE. Opening Daily Official Quotations 9th May, 1931.

STOCK

DIN

OTH

Duy-Sell Sales Nom

Fin Year

Last dividend and when paid

Banks.

Shipping:-Douglases have ad-Hong Kong Bank ......$ 2025

SATURDAY, MÁY 9, 1931.

BANK S

HONG KONG AND SHANGHAI BANKING CORPORATION,

Authorised Capital THE $1000 p Iresad and Fully Pull-up Reserva Vonda -

Sterling...... 8,100.

liver...........................$28.9097,1997

Reave Libility of Pentator... $20,790,000

HEAD OPPICE: HONU KONG,

DOAND UP HERECTAIN :-- Lon. Mr. 0. 5. Mackis.

Chatemati

Hon. Mr. 4. J. Palemitu,

Deputy Chairman,

H. Bell, Zay,

T. P. Pesce

P

IL. Compton. Eən. 3. A. Patroner, Eng.

Lander Lawl, Eng. 7. 11. R Phaw, Esq.

2. Mleka, Kan.

AKO1

1. P. Wann, Ees.

Chin Munnar

V. M. Graybourn, Eng.

BRANCHES! -

Luspres

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1853.

HEAD OFFICE: LONDON.

Paid-up Capital

Reserve Fund

Reserve Liability of Pro-

prietors

L

THE LO KON】 BANK, LTD.

(Entalped. 1917)

BEAD OFFICE:-SINGAPORE. Hong Kong Branch: 13, Queen's Rd. C.

SHARE MARKET.

Authorised Capital Stralia $20,000,000 £3.000,300 Issued Capital

8,000,000 14,006,000.) Pund-up Capital ...

4,000,000 Best Vi

vanced to $24 buyers.

Liabilities

WEEKLY REPORTS BY BROKERS.

have receded to $27.

tinue buyers at $94.50.

E1,500,000

4,000,000 2,520,000

agencies and Branche

“KUALA LUMPUR

KUCHIN

VADHAN

MANILA

MEDAN

NEW YORK

PERING

ALU STAN

Slalay Mirates)

ANNESAR BASUKOR BATAVIA FROM ISAY SALOUTTI

CANTON

CAWNPORE

PEBC

COLOMBO

DAIDEN (Dati

South Munchie'si

01.8

HAIPHONG

AMERI

JANKOW

PENAND

BANGIN

SAIGON

BERUIAPORE

BAROKOM BATAVIA

BOMBAY

CALCUTTA

HARBIN

N. Manchuria)

KORK

KUALA KANGSAR

¿Para P.X.A.1

LYONS

MALACCA

RONG ZONA

11:07.07

MANILA

IMILL

MUAH (Jobota)

RABASI

CANTON

MURDEN

KILAND

CHEFOO

NEW YOUR

COLAT

PEITINO

DAILER

FINIOKO

HAPPIONO

SAN FRANCIS

SUANG HA

BINDAPORE

HAMBUR HANDW

HARBIN HONOXEW

ILOILO

IPOL

JOHOBB

KOBE

NOW LOUN

ACALA LUMPUR

PENANG

RANGOUN KATUON

MASABAYA

SUNGEI PAJANI

TIENTSIN

TOKYO

TMINGTAO

LORDRAMA

Futreni Arvonta pead in Local Curterzy Satin Pikest tapmalte required for one yan... ON jekretar pazkoda in Local Currens and Mer ints tattoo which will be aunted an application.

lang Kang, pack #sbenary, 1984,

HONG KONG SAVINGS BANK.

The Businear of the shers Bank la rendurt- ad by the HONG KONG ASD BHANGHAI BANKING COUPATION, Rules may b khtained on applicative.

FOR THE HONGKONG AND SHANDJAT BANKING CORPORATION,

V. M. GRAYITION,

Hong Kong. 18th July, 1930.

Chief Sanat.

SEMARANG

KEBEMBAS

SHANGHAI

FOURABAYA

TAIPING (Plast TAVOY

TIENTSIN

TOKYO

TONGRAU EXIONAL) THINGTAO YOKOBAMA ZAMBOANGA

Foreign Exchange

(Pallippare Bolande)

And General Banking business transacted.

Current Accounts opened and Fix- ed Deposits received for 1 year or which will shorter periods at rates. se mated on application."

A. H. FERGUSON,

Manager. hong Kong, 4th January, 1929.

THE NATIONAL CITY BANK

OF NEW YORK.

HEAD OFFICE: 55, Wall Street, New York.

Capital, Surplus and

Undivided Profits..U.S.$224,564,298

Branches himm ARGENTINE LUNDON BELGIUM

BRAZIL

CHILE

CHINA

COLOMBIA

BANQUE DE L'INDO-CHINE.

CUBA

DOMINICAN

HEAD OFFICE:

REPUBLIC

96. Boulevard Haussmann, Paris.

INDIA

ITALY

ubscribed Capital Fra. 72,000,000.00 aid-Up Capital ...Fra. 68,400,000.00 eserve Fonds. Fra 102,000,000.00

BRANCHES: Hong Kong Mengtze Nam-Linh

angkek attambang le

onthe anton

Bibouti

Quinhon Saigon Shanghai Singapore Thankca

Noumen Papeete Tientsin

Peking

Tourang

ort-Bayard alphong ankow Phom-Penh Vinh

Pondicherry Yunnanfu inal

BANKERS: IN FRANCE: Comptoir National Escompte de Paris Cedit Lyonnais; inque de Paris

dx Pays-Bas kedit Industriel ut Commercial; 30- ste Generale.

IN LONDON: The National Provin

& Union Bank of England, Ltd.. omptoir National d'Ercompte de aris; Credit Lyonnais.

IN NEW YORK: J. P. Morgan &

; French American Banking Cor-. railon; Guaranty Trust Co. of New rk.

Interest allowed on Current Ac. unts and Fixed Deposits according

arrangements.

Every "description of Banking and

change Business tratanetel. Safe Deposit Boxes to let.

A. LECOT,

Hong Kong, 1st May, 1929.

Manager.

HE YOKOHAMA SPECIE BANK,

LIMITED.

Established 1880.

pltal (fully paid-up) Yen 100,000,000 eserve Fund

Yen 115,000,000

Head Office:-YOKOHAMA.

Branches and Agencies al:

exandria

itavia

rlin

mbay

lcutta

inton

angchun

Bren (Dalny)

Manila

Nagasaki

Nagoya

Newchwang

New York

Osaka Peiping Rungeon

engtien (Mukden) Rio de Janeiro

amburg

akow

arbin ang Kong onolulu

al brochi

Yuen

be

Indon

2

Jone

San Francisco Seattle. Semarang Shimonoseki Singapore Soerabaya Sydney

Tientsin Tokyo

Taingtau

Angeles Interest allowed on Current Ac- unts, Deposits received for fixed periods rateso be obtained on application.

H. MORI,

Manager.

Hong Kong, 11th April, 1931.

JAPAN

MEXICO

PANAMA

PERU

*HILIPPINE

ISLANDS

PORTO RICO STRAITS

SETTLEMENTS URUGUAY VENEZUELA ·

Commercial and Travellers' Letters Credit, Travellers' Cheques, Bills of Exchange and Cable Transfore Current accounta bought and sold. and Savings Bank accounts opened Fixed Depoalts in local and for- and ana

at rates that eign currencies taken may be ascertained on application to the Bank.

We are also able to offer our Cus- tomers the services of the Branches

of the International Banking Corpora- tlan in San Francisco and Spain and als of The National City Bank of New York (France), E.A., in Paris and Nice.

Manager.

F. McD. COURTNEY,

Hong Kong, 20th February, 1931.

THE

AMERICAN EXPRESS COMPANY,

INC.

firad Ofice: 65, BrosŃWBY. New York.

Athens

of Shareholders. Surplix

Benches, Agencies sad Correspon- dence in tiu principai eltion of the

..ld.

every deséription of Banking and Exchange bualicas transacted.

TAN ENG HOOI,

NEDERLANDSCHE HANDEL. MAATSCHAPPIJ, N.V.

G.. A. HARRIMAN.

the week under review was inclined

Steamboats Chartered Bankk Ferries con- Mercantile Bk., AMB,

C.

Sur

Lands, Hotels, and Buildings: Brok of Asia.........$120 Hong Kong Hotels have been on the.

afler business at

Insurance

Shipping.

Douglases

A+K

Deo,

ƒFian! #3 lianas 21

1059x. 1/37314

Mar..

81

2

... 18)

Doo,

Pan, 7 Tongata fuldest toj

***

123

Bare 1038 lose ISTRI, Apr. —, 81

---

---

14

Fooding Pending

LTAR making 43 for 3230 Mar.—, 83

Dea. $5 for 1907 votavete

Deo. (p.412bon. Sin for 1929

Interan $18M 12951 Deo. Vinal 10 for 19201

1Interim 24- a/c iasi) – 4*,

Deo. Kona

(Vina) # bon#]

Feb 28, B1

and SE for 10% -$32 - Pending

Interim 41 12:40

1800 Deo,850 at Tam

810

making for 100

Dro.nat Eklend for 1924.

....$1400 ....$ 035

5.10

Deo.

[243

++

***

quiet side and $16.50 in the early part of the Canton Ini. Hong Kong, May 9.

week have dropped back to $15.25 Union for. Mr. G. A. Harriman's Weekly

buyers. Hong Kong Lands have China Underwriters....10 Report and Market Review says remained around $91.50

In continuity of the policy of the with business done

buyers

China Fire Ins...$630 at $91.25/50. Manager.previous week, the market during Hong Kong Realtys have buyers at H. K. Fire Ins, ......

$11.60, Humpreys have been done to be on the quiet side, although at $17 for the Old shares and $16.75 there were occasional periods of for the New. very brisk trading, especially on

H. K, Steamboat ...$28 Thursday and Friday, when Public Utilities and Cotton shares came in

Indo-China (Pref.) ...${ Cottons: Ewo Cottons

(Def.) ... 30 for n fair share of the turnover.

falling away to Taels 1250 came in Shell Transports af With the exception of China for a good deal of attention, shures Lights which weakened on account changing hands at various rates up, of the passing of the usual interim to Taele 18.00 for cash and cor- dividend, the speculative section was responding higher rates for for- very steady and the lull of the pro-ward delivery. vious week gave way to a quiet de- mand for most stocks.

(AK HERLANDS TRADING SOCIETY)

TANKERS.

Establies 1824.

Bong Bong lon-14, Queen's Bead Cantrel

rice Capital Walldis 180,000,000-

(1,600,000. Purlig Capital ............. Builders 10,010,009 (0,004,170) Bar Puz. Gulldars 40,016,000

Dad U-AMSTERDAM Eastern Head IMO:--BATAVIA.

BRANCHES. Hadjemt. Bend, Bombay,

Although, exchange varied but little, sterling stocks showed a firm Calmitt, Cheribou, Djamber, Plok jakaria, The Bague', felds Faber tendency with Unions done up to Kota-ajar, Medan, Padang $645 cash and $655 June. Palmbang, Fazalongan Plank, Rangoon, Botterdata",

Investment stocks also maintain Fatherng". Mhanchal, (Humute), Kingapore

ed their strength with Hong Kong Bourebrin Retakeria Relat. Tre Tip Lands-in Wellarday":

particular-being in atrong demund at $91% for cash and $93% for July.

• Tham of Data la disposals boat solat. Leadon Blankets-National Provincial Bank Ind. Correspondents) over the world Banking businmax of every description noted.

A. STOKKINA.

Actian Manager.

Ken P11 August, 1970.

THE BANK OF CHINA.

Reorganise October 26, 1929, under special charter of The National Gov-

ernment as an

INTERNATIONAL EXCHANGE

BANK.

Subscribed Capital....$26,000,000.00 $24,710,200.00 Paid-Up Capital

.$ 3,820,503.82

Reserve Funds

HEAD OFFICE: SHANGHAI

HONG KONG BRANCH: 4, Queen's Road Central,

The market closes quite steady

with fair demand in ali sections.

Mining: This section continues neglected.

after

Union Waterboat ...☎

Mining.

Benguet

*

Lot...Th.

Raub.........

Venezuela Gold Fields $ 19t

Docks, WharVI6, Gadowns, &c.

Mar, 20, 51

LI

**

Deo, 01-60 for 1929 Noua for 1930...

Mar. 4, 80

40

Deo.

(14)- ex. 27-1 on preferrou

for 1994t 1925

Jun 15, 19

ww

at Arlend for 1921-

1+0

sa

26

Dec.

tree/Tax de 1080

Intestin 2- Coupon No. 573 Jan. 6, 81

Deo.

For 1930

Mar.01, 81

W

198

· བྷུ ཨཡྻོ –བྷཱ་ཝཾ ཿཋཱ༔

#14

... P

Deo. Interim 26 cantaronało 1931 --

..

... 27/6 June ƒFin, 4% free 1/Tax U'pon 181

aking 9% for year 20-30

Mar, 81, 81

Deo, 20, 50

May 8, 80

ww

making T. 0.09) for 1030

Feb. 6, 81

Mar. 10, 81,

417

**

F

Oct. 1.50 for year 81-10-29 Doo. None

Dec. Jnal T. 45

Mar. Tuint int. 1/

1a/year 57.5-21} ******

for 1930 Mar. 10, 31 Doo Last videod for 1924.GION,

DIT

Doo. 116 reals on clit for 1950 April 8, 81

lients is grew

Deo. Fin. T. 11 tank. 7. 16 for 1408 my 6. 81

T.. for 13

[164

Dec.

419

10

**

... 121

***

**

262

ELF

***

Doc.

11

***

$

11

Apr. 7 for your

......

Miscellaneous:-China Lights re- Kalian Mining Ad. 11-{ mained steady up to yesterday] Langkat ............TU. morning when, after the news that Shal Exploration.....The. no interim dividend would be paid, price dropped to $24.50 but later in the day recovered to $25.50 on demand ectting in. Buyers are now offering $25.75 with sellers at $26. Cements have had only small fluctuations in price with buyers at H. K. & K. Whervor..☎ $18.45 and sellers at $18.50. Hong H. K. W. Dock........$ 85 Kong Amusements have sellers at South Ch. Motors ...$ $26 for the Old shares and $24 for China Providents (old)$ 6.65 J the Now. China Entertainments

(new) 5 are neglected with sellers at $10. Hoogkews T's. Lane Crawfords have experienced a N. Engineering ...Th. sharp rise to $7.25 at which rate Shanghai Dock ... Tis. shares changed hands but there are now sellers at $7.10. Construc- Lands, Hotels & tions are quiet with buyers at $7.70. Baildings. Hong Kong Ropes as stated above. K. & S. Hutcia... § 16.20

(E.R.)S have risen to $21.50 buyers with

(Rus.)S business done for June at $22.26. H.K, Landsat Hong Kong Trama have been in Shanghai Landa...Th. 40 steady demand at $19.10.

Tele- Humphrey (old)....

(new) ...$ phones after having been done at again $43.26 now have sellers at $42.76 H. K. Realtics ...... made an improvement with en- and buyers at $42 for the partly Chinese Estates ......100 quiries at $24. Hong Kong Steam-pald shares. heats changed hands at $27 cash. and $27 July. Union Waterboats had enquiries at $28 with business done at this figure.

Banks: Business in Hong Kong & Shanghai Banks was recorded ál $2,037 48. Bank of East Asins were sought fer at $121 with small sales effected at this figure.

Insurances:-Canton Fires were realised at $1,400 while Hong Kong Fires remained quiet at quotations. Union Insuranees' were n shade better business having been done at $635/40. China Underwriters improved a little, and had buyers

at $5.

Shipping: - Douglases

Mining: Raubs continued neglected, but there were some en- quiries for small scrips around Venzuela Goldfelds had $38.50. buyers at $34.

Docks, Wharves & Godowns:- Hong Kong & Kowloon Wharves eased off a bit, and had sellers.at

Owing to our numerous branches in China and large connections in the im- portant caminercial centres of the world, we are able to extend to our clients special facilities for domestic and foreign banking and exchanges.

We also die the issue of Donds $163. Kowloon Docks again show- and other Public Funds of the Chined strength, transactions having ese Government both at home and been put through at $35/6. Pro- abroad.

vidents (old) were done at $5.80 SHOU J. CHEN,

at the outset but after being Hong Kong, 5th March, 1031.

casier closed with strong buyers at $5.70.

Manager,

THE BANK OF CANTON, LTD. Established 1912.

Hend Oce:-Hong Kong. Authorised Capital (1.K. Carency) $11,000,000 Paid-up Capital .....

}

ол Exchange:-The T.T. rate London is 11 and on Shanghal 774.

נן

**

camisan. | Mar. 4, 31

July 30, 40

A wanking T. 21 on all stares Mar. 30, 31

Dec. 50 cents for 183)

Apr. 16, 31

**

12

Dec.

(Pinal 92 waking

for 1931)

and $1 am now

Deo.

Feb, 10, #1

Final T. 15 for 13

tin

17

Don.

***

[10]

conta for 2030...

$11.75

444

Doc. Final 27 contat

Feb. 24, 41

1+2

LAM

Feb.

muking 50 cm) for $30

Apr. 15, 81

for your 28-2-80)

July 21, 80

4

Doa T.0.75 for

Mar. 11, 81

(Apr.)

and T. Is for knit your 31-13-30

Nov. 29, 80

Oct

***

112

June T. 680 for year 3-6-30

Oct. 11. 80

Cotton Mille, *Ewa Cotton ....... Tb. 138 Shanghai Cotton...T. 101 Forward Settlement Days:-May 28. June 23, and July 28, 1931. Zworg Siage.......Th.

Dividendo:—Union Insurance so- ciety of Canton Ltd., 16/- Final a/c

Public Utilitios. 1929 and 24/- Interim a/c 1930, | •H. K. Tramways...$ 19.10| in all /2.

Ferk Trams (old) ...$

(now) ...

*

ITALO-YUGOSLAV TRADE.

Star Ferric *China. Light

Probable Revision Of Treaty.

The tendency in Italy to support export trade, and particularly to re- vise positions whenever statistics how that the balance is inclining too much on one side, is likely soon

94

196

25.8516

H. K. Electrice ......$ 80. Micro

Sandakan Lights ....5 | H.K. Tel. fully paid $ 831 China Bussi...........17. part paid $

S'poreTractions Ord.}/- (Prof.)s/-

Industriale.

to receive a practical application Chian Sugars $ with Yugoslavia, says correspondent Times

of the

the Milan Financial

"

14

**

$40

Dec. ¡Final of An contai

maxing & cents for 1235...Feb. 97, 82.

Apr. - 130 cts, în ull) for year

Wet on now

$ for 193

Sept. Final beta, syr,

for 1250

Dea.

June 18, 30

Feb. 19, 81-

Den. 15, 30

Doc.

Mar. 18, 31

Deo.

+4

Jane None

big

Dec.

X

16.00 Doo. T. 0.90 for ...

10/0

, ངོ་རེསྶ༴; gཎྜཾ

anking 10% Me 1930 Mar. 11. 81

Feb. 26, 30

19/- Sept. (14) on preference shared Foix. 6, 81

Subject to income tax....

BOcta

En Eigulilation

99

£1

Doc. Pa. 1.50 for 1000 wom

Mar. B

10

Doo.

fT: 1:

}

102 1030 inmensweise Bar. 21. 81

..$3.60

**

July Note

Cotton Mills:-Ewos were trans- acted at Tls.13.25/90 and there were further buyers at Tls.13.80. Shanghai Cottons were wanted at

Malabon Sugar sanā Tls. 101.

Call: Macg. Orders Tla. Publie

Pref....To. Utilities:Hong Kong Trams were dealt in at $19.25 at

While Italy occupies the first Canton Ice the outset, but

place among Yugoslavia's custom-Cements (corn.) closed slightly

S' (old). 191 easier at $19. Sangtak. Now Tock and San Prado being done at $94/94 might be and poultry, she ranks

Star Ferrics after era, taking nearly 29 per cent. of

(new) her products, chiefly timber, cattle placed at $94.75. China, Lights

as only H. K. Ropes opened with buyers at $26.50. but yugoslavia, the latter buying only

fourth among countries exporting to Stores, &c. with the news coming into circula-11.8 per cent. of her total import Dairy Farms

Canton, Shanghai, Dankow.

CORRESPONDENTÄ

LONDON BANKERA :-

The Lloyd's Bank, Lilled.

to all pelucival cities of the World

8.005,20

1,300,000

Bwslow,

forgangs and banking builnews

Safe Depnes Hess (varion size) at a poorly canial of fron 15 10 $10.

Capital Surplus Reserves

U.S.80,000,000

Base Fund

.U.S.$1,672,454

BANCRES.

.U.S.$1,008.209

BRANCHES :----

Azardem Antrop

Depos Blog

Петков Munsterng

Simplex

Stiphase

•very description transacted.

Baylin

Merrita

Bombay

Rea

Brurala Baba Ala

Cairo Calcutta

[[ava Interlak Jarunadam Lido Loadou Iitarpool Luonme Lugo

Parla Fenang Taking

Palaemo

Kallarda

Canum

Lux

Maronilion

Monte Carlo

มโน

Munich

Hrasathus

A

Colombo fonsinclinoole

Copenhagen Edinburgh Finesans

Birma Flamboul

#bangal Fotlamplos Kingapore

Ht. Morite

Tinsel

VILNA

Fenito

Ytkodene Zurich

Genera

Branches of American Express Company in Principal cities of Unit- ed States of America and Canada.

All classes of Commercial Banking Transactions undertaken.

Personal investment handled

accounts

The Company offers to intending Travellers the use of its "Travelers Cheques" and Letters of Credit and. in addition, the world-wide services T of Its thoroughly equipped Travel De partment.

Afiliated with

THE CHASE NATIONAL. BANK Resources ..Over $2,500,000,000

C. II. BENSON,

General Managér.“

THE BANK OF EAST ASIA, LTD.

Established 1918.

HEAD OFFICE:

10, Des Voeux Road, Central,

ĐI HONG KONG

Capital and Surplus

Total Resources

over. H.$ 8,000,000.00

over H.$30,000,000.00

Every description of Banking and Exchange bustiona transacted.

Current and. Fixed Deposit Accounts in local and for- eign currencies opened for clients and M

Savings Account and Safe Deposit Boxes. Branches and Agetcles kil over, the world.,

KAN TONG PO

LOOK POONG SHIAN,

Chief Manager.

tion that

110 interim dividend

would be paid the market suddenly reacted to $25 cash and $25,50 June, but closed firmer at $26.75 cash and June. Hong Kong Elec- tries were steady with buyers at $80 business having. been done at THE BANK OF TAIWAN, LTD. $80.50. Telephones (partly paid)

(TAIWAN GINKO.)

HEAD OFFICE:-Teinch, Formosa.

Incorporated by Special Imperial Charter. 189Y.

Central Bank in Forinoon.

BRANCHES AND AGENCIES, JAPAN Tokyo, Yokohama, Kab, Quake. FORMOSA-Ölian, Xagi,

Watsons requirements from Italy.

Der. A. Wings A commercial treaty was signed

Lane Crawfordi far back as 1924, although it was' between Italy and Yugoslavia 80 Mackintos not ratified until 1928, and it may wm. Powells. ........... be denounced as from November next. Since 1932 Yugoslavian ex-

Sinceres

Miscellaneous.

were sought for at $42 with busi-ports to Italy have steadily increas-11.8. Amusement (old) ness done as high as $43.25.

cd, rising from 329 million lire for H that year to 705 million for 1930.

Miscellaneous:A fair volume

of business in Cements was report

(new)

3414 cazzia nu nee?

Des (30 cent for 1950. Mar, 18, 31'

"

Deo. 70 cesty for 193) Star. 87, 81

5.15

211

201

Dec. $1,30 for LEQUE

Mar. 16, 81

Ool. Goente for you; -- Mar. 16, 81-

Fah. Lastázad for yuszk

4 Feb. 2 rentator your 22-J 10, 20

0.00

128

Feb. for year 23-2-11

F

140

Ch. Entertainment ...$ Italian Imports Stationary:H. K. Constructions...$ 7.65 ed at $18.30/60, but the market

On the other hand, imports from) d. Ind. G.$ :Bandı 2.. }70% was a shade cauler at the close. Italy have remained virtually sta-H. K. Gou, Loans...$ Ropes continued strong with shares tionary, amounting to 220 million in 1922 and 263 million Hre last year. changing hands at improving rates The unfavourable trade balance of $21/21,50, Dairy Farms opened therefore widened firm with sales at $27.25, but closed from 100 million, nine years ago to substantially weaker with sellers at $26.90. 443 million lire in 1980. Sograbara Lane Crawfords jumped up опе

Calatte point during the week, transac good deal or attention lately, ear This discrepancy has attracted, a tions having been effected as high

Bank-Note 18sed Avaregut. 44,000,000 Karako, Keslung Hakong, Santo, Balachitu, labu. Tainan, OINA:Shanghel Hankow. Aney,

Takao, Tamaul, Toon, wilo. Talia.

Swalow, Canton titilong A Blogspoe

Hanarang, Batavia, ... Bombay, Loudon, Baw Tork, Dalzon,"

LONDON BANKERS,

how

The Loudon County Waunister and Farr's Bankas $7.20. Watsons had 'buyers at Pecially as it is held that the want

The Bank bas Correspondente En all the pricipal Commercial Centres throughout the world.

E. NAGURA.

Masight.

HONG KONG HUAXEN:

$ De Vorex Boad Dentrali Hoog Koog. 19th January, 1799.

THE MERCANTILE BANK OF

INDIA, LTD.

HEAD OFFICE:

18, Oramcharoh Street, Londen, E.0.4

....£3,000,000

Authorised Capital.

Subscribed Capital.... 1,800,000 Paid-up Capital 1,050,000 Reserve Fund and Rest 1,060,845/ The Dank of England a Midiand Dack, Kadi

BRANCHER

Banghch

Batavia

Born bay

'BANKERS I

Ipob Kandy. ...Kabi

Kota Bhar

New Yak Farmay Port-Louis Colcatta

(M) Colombo

Rangoon Dathl

Koala Lipia Bhanghai Galia

Kuala Lumpur to Pémža Floor Tong · Kuantan (Ixiang) Bingspers

· Bourabaya:

Kunis Krud

Er description of Banking and Exchangs but

more frkancied.

** HONG KONG UBANCH.

Tra bequem. Immed.

taken t

Trustes and Executorship seder

$13.60 and Sinceros at $16,

Forward Settlement Days:- May 28, June 23, and July 28:

CARROLL BROS.

tod

Apr. 80, 91

251

124.

Mar. 200 for year 3-

Sept. 27, 30

10

ཱཿ

speculative abares. *Sales to Skanghai,

EXCHANGES.

TO-DAY'S QUOTATIONS.

On London→→

On Berlin

11% 1134

Bank, wire of progress of Italy's exports to

Bank, on demand Yugoslavia has not been due to na- tural economic causes; political Bank, 4 months' aight 11 13/16

months" bine, it is said, had a great deal to Credits, 4

sight

1/- 7/16 do with this unfavourable trade situation.

Documentary, 4

months' sight 1/-9/16 If there are to be negotiations Hong Kong, May 8.

On Farls The market during the week for a new commercial treaty, it is

On demand

607% under review has been steady but kely, that better safeguards will be

Credits, 4 months' the volume of business done

has required. Besides, there will bö

sight

047 been on the

small side. In the again the question of the trade with speculative section rates fluctuated Flume and the Trieste hinterland. On demand

Nom. only slightly with the exception of For Flume a temporary relief. On New York. Ropes which had a sharp rise to measure was adopted two years ago On demand $21.50. The demand for good in by making the district a free zone, Credits, 60 days' vestment stocks continues and any but for any improvement to be sub-

sight shares which come

on the market etantial and permanent it will be

On Bombay are placed without difficulty.

necessary to have a great number Ewa Gattons have come in for more attention and fair business has been done principally for for ward delivery.

Banks: Hong Kong. Banks have" The Customs revenue cruiser buyers at this Agure, Bank of the new northern port of Hulutas been doro at $2.086 with further Chuentiuo left: on April 80 for On demand

East Asia are wanted at $121,2 to carry out a survey which, it is on demand

Insurances-Union Insurances expected, will take about three

Doo. 30 cuts for pr99 $1

Inværet kifesty

Silver (per oz.) 22 13 3/16 Bar Silver in Hong

Nom.

Kong

Copper Cash

Copper Cents

Rate of Native Th

terest

Nom.

35% pram.

33% p.n.

Chinese Sub. Coin 28%.ds Hong Kong Subi Coin Par.

LONDON: EXCHANGES BA

Geneva

Amsterdam

Milan Berlin

Stockholm

Copenhagen Oslo. Vienna

Rugby, Yesterday.

Paris

124.41%

New York

4.86%

Brussels

34.97

25.24

12.10%

02.91%

20.4234

23 13/16

18.14

18.163

24 16/16

18.164

84.572

Wire

of diffculties created by the Yuge-On demand slavian authorities to trafic to and On Calcutta- from Flums suppressed.

Wire,

65%

Prague,..

164

85%

Helsingfors

1937

Madrid

47,85

65%

Lisbon....

-108.25

Om: demand.

65%!

Athens 2.)

375

Ou Singapore-

On Manfia

R17

A

On Shanghai-, On demand: Dollar

On Yokohama On demand

427%

4776

T77%

·3% ·

-44% dis.

48%.

Fixed Deposite at Talce that may be securialdensed off with buyers offering $640

INY BEAT silawed on Current Ascocute and after being done upto 6845 have months to complete.

on application.

Chief Manager.

1. Oumger Band Centést.

C.-L. SANDES.. and sellers at 6645. China Under Mr T. L Macartney, of the In Manager writers have boon quiet with buyternational Import Co., Nanking,

ers at 54.90/96 and amall business has been visiting Shanghai

Hong Kong, 29th April 1931.

at $5

Sovereigns (Bank's

buying rate)

Bucharest se

Blown

Buenos Aires st 34 15/10 Montevideo. 8034 Bombay, 1/5 27/82 Shanghal Z: 1/83% Yokohama 2/- 18/32 Hồng Kong - 11 Silver Spot &«Fór2

warda:181/16

British Wireless Service.

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