BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Aburied Colt $50,000,00 Lund and Fully Paid-up, Serve Funda-
Barling.
Eller
£1,000 $1,400,000
Rosures Liability of Penpristore $30,000,000 HEAD OFFICE: HONGKONG.
BOARD OF DIRECTORS,
flon. Mr. C, 0.
Chairman
B. 1. Dudwall, Fes
Hom, Mr. W. B. B
Deputy Chalomas.
A B. Complen, Esq.
W. J. Enewich, Esq.
C. O. Kught, laq.
AMCY
HANOKITE
DATAVIA
BOMBAY
CALCUTTA
DANTON
CARTOO
COM
DAIRES
PODCIIOW
MAIPHONO
HAMBURG
BANROW
HARBIN BONUKEW
IZJILO
ENSER
JOHORE
RUBR
ROWLOON
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1853.
HEAD OFFICE: LONDON
Reserve Liability at Pro-
Amsilor Tadzko Haavis
Paid-up Capita)
..£3,000,000
Reserve Fund.....
£3,000,000
prietors
£3,000,000)
9. Mackie
Ageneles and Branches:
Alor Star
Hangoon
pob
Kigon
Karachi
Rest
Klang
Hereinba
EAG
ilomber
Habe
Slanghal
Calcatra
Keela
Kingspom
Свакер
Langu
Billawan
Cawnpors
Kachdor
Bourya
Cebu
Madne
Tuping
Coloraba
Manila
Tirnist
Delhi
Bedard
Tongkab
Unipbong
New York
(huker)
Hambure
Prilog
Taingt
Tankom
Harbin
Fexing) Терапе
Yokobaina
Zamboange
43. Mlakin. Eny. K.. Morel
T. 12. Penica, Eng.
V.M. Gewybars, Esq.
Chit Mar
BRANCH:
Lustos
קנון!
BLALACGA MANILA
UAB
MURDES
NEW YORK
PRIPING
PESANG
RANOOON
SAROK
HAN PRANCISCO
KUALA LEMPUA
SHANGHAI
SINGAPORE
SOURABAYA
KUSGEL PATAHI
TIENTSIN
TURVO
TSINGTAO
TOROHAMA
Current Accounts opened is Loral Currency cerita ived for one you or alertar periods in Lacel Company and Sterling 01 which will be quated on application. Houg Roma, 10th April, 1998,
Hong Kong
Foreign Exchange and Canars), Banking nadinowa trand.
Current Aconite opes and Pised Deposits zerelved far one year or aborter periods a mi which will be quoted on application
W. H. E. THOMAS,
Acting Manager. Hong Kong, 20th February, 1934,
THE BANK OF CANTON, LTD.
Established 1912.
Paid-up Capital
Head Office:Hong Kong. Authorised Capital $11,000,000 8,655,000
Total Resources ........ 32,170,492 Branches: Canton, Toishon, Shanghal, Hankow, Bangkok & Sun Francisco, London Bankers: Lloyds Bank, Ltd.,
Foreign Exchange and Banking
HONG KONG SAVINGS BANK.ss of every discription trans-
The Bunions of the atrise Bank la chuduct
# by the HONG BOND AND SHANDERI BARBING CORPORATION.
obtained red application.
Hules may
YR THE HONG KONG AND SHASUHA DARKISO CORPORATION
V. M. GRATOURN,
Chint Manager.
Bag Reng. 2016 February, 1934,
THE BANK OF EAST ASIA, LTD.
Autori Capital
Paid-up Capit
$19,000,000.00
35,008.00.
femeres and Undivided Profite,,000.00
HEAD OFFICE:~HONG KONG
1 Das You Road Catal
BOARD OF DIRECTORA:-
Nir Show Chow, China,
Loon Caus, E. P. R. Kwok, Ex. Wong
Jon Thing, og Chan Ching hak, Eng., Il Lan
Current Accounts opened and Fixed] Deposits received for опе year от shorter periods at rates which will be. quoted on application.
Safe Deposit Boxes (various sizes) for hire.
LOOK POONG SEAN,
Chin! Habagat.
SAFETY FIRST!
To Safeguard Your Valuables and Jowelleries. Deposit them in a Vault
that is really: FIRE-PROOF BURGLAR-PROOF DAMP-PROOF!
OUR SAFE DEPOSIT VAULT
Bank Bag Wong Chu Son, Fry, and Kan Ying located on the Mezzanine Floor of
Po, Pa
Run Tong Pa, Esq. Cliet Manager, La Fong. F. Manager.
BRANCHES AND AGENCIES:-
Autoy
Mana
Flalari
Hainting
Sugak!
Suntila Kamurang Khanghai
Calcut's
New York
Blogspare
Canton
Thaiphon
thi Paris
bourabaya
Bwatom
Hankov
Memoraju Kobe Kowlpon Lund
Penny
Raugin
Halgot
Takyo
San Francisco
Yearouter
Yokotas
Tallick's Tiltin
Every description of Hanking and Exchange. buna tramamótað, Loans granted on approved! seconities.
Querant Accopate opered a tout Curacy and Fixed Depot received for one THE DE
Our New building is Specially Con- structed to provide all of these Im- portant Qualities.
You may obtain a Safe Deposit Box in this most up-to-date Vault for your own use at a very moderate Ren- tal
Inspection Cordially Invited. THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice Hause Street and Des Voeux Road, Central.
THE
after pachle is local and Fatin AMERICAN EXPRESS COMPANY,
in which will be quoted a spation,
Hut pit Soare To let.
EAN TONO P,
INC.
Cbial Maunger.
Hong Kong, at March, 1984.
Head Office:-65, Broadway, New York
Capital
$6,000,000.00
Surplus
2,087,112.69 1,995,528.31
THE BANK OF TAIWAN, LTD,
Head Office:-Talhoku, Formosa, Incorporated in Japan by Special Imperial Charter, 1899.
Central Bank of Formosa, Notes
issued Averago amount Y.45,000,000,
Branches and Agencies.
Japan:-Kobe, Osaka, Tokyo, Yoko- hama, Keelung, Makong, Nanto, Shoka, Sinchiku, Taichu, Tainan, Taito, Takao, Tamsui, Toen China:-Amoy, Canton, Fosshow, Han--
kow, Shanghai, Swatow. Othera:-Bombay, Hong Kong, London, New York, Singapore, Batavia, Samarang, Soerabaya, Dairen. On and after April 28th, 1934, the rate of Interest on Special Current
Deposit will be at 1% p.a, on daily
Reserve's
BRANCHES:
Amsterdam
Gro
lina
Antwerp
Co
Bice
Athens
The Jagua
Naples
ALTUEN
ESTAD
Pirell
Belie
Hamburg
Poria
Barlie
HAVEO
Parpin
Basabay
Paiera
Bremen
Interlaken
R
Drussal
Jerusalem
ВА
Calra
London-
Liverpeal
Calcutta Center
Incens Celombo
Tug Copenhagen Luxor Dobles
STA Edinburgh Маслося Genesa
-Sih sagham Southamphati Singapor Mean Tatemiaa Vlaap
-Atonte Carlo.
Manila
Moofch
Yokohama Zurich
Youltrex
Branches of American Express Com- balance and the rate for balanco aver pany in Principal cities of United $10,000 will be quoted an application States of America and Canada. (Maximum rate-1%),
Y. OHNO,
Manager.
Hong Kong Branch
3. Des Voeux Road, Central.
THE CHINA MAIL, TUESDAY, AUGUST
Commerce and
LOCAL SHARES.
TO-DAY'S QUOTATIONS.
The following is the list of local share quotations issued to-day:
Banks.
All classes of Commercial Banking) Transactions undertaken.
Personal Investment accounts handled
THE YOKOHAMA SPECIE BANK The Company offers to intending
LIMITED.
Established 1880
Capital (fully paid-up) Yea.100,000,000 Reserve Fund
Yen.122,750,000
***! Head Office:-YOKOHAMA
Branches and Agencies at:
Alexandria
Batavia
Berlin
New York
Nagasaki Nagoya
Bombay
Osaka
•
Calcutta
Paris
Canton
Dairen (Dalur)
Felping Rangoon
Hamburg Hankow
Harbin
Fengtien (Mukden) Rio de Janeiro
Hong
Kong Honolulu Rainking Karachi
Kobe
London Los Angeles Manila Hoji
San Francisco Seattle
1
Shanghal
Semarang
Singapor
Soorabaya Sydney
Tientaln
Tokyo
Tsingtan Yingkow Interest allowed on cxrent Ac- Deposits received for fixed periods at rates to be obtained on application,
O KISHINAMI, Hong Kong, 11th April, 1982):
Manager
Travellers the, use, of its. Travelers Cheques" and Letters of Credit and, in addition, the world-widą, sárvices | of its thoroughly equipped Travel De- partment.
C. H. BENSON,
General Manag
YOU
ARE INVITED TO INSPECT OUR STOCK OF ASIATIC, FOREIGN AND COLONIAL
POSTAGE STAMPS IN SETS, SINGLE, PACKETS, BAGS AND IN APPROVAL SHEETS,
GRACA & CO.
Dealers in Postage Stamps Philatello Good Picture Postcards, Religions Goods, Garden Seeda, & etc?“ NO, 10. WYNDHAM STREET
$20. HONG KONG
H.K. Bank, $1825 n.
H.K. Bank (London), 155 n. Chartered Bank £154 n. Mercantile Bank, A. & B £81 n. Mercantile Bank C, £13% n. Bank of East Asia, $84 n. Am: 0. Finance Corp., Sh. 420 China O. Fin. Ord., Sh. $4 n. China O. Fin. Pref. Sh. $5 n.
Insurances.
Canton Ins, $288 b. Union Ins., $550 b.
China Underwriters, 14 b. China Fire Ins.. $510 n. H.K. Fire Ins., $260 5. International Assce. $6 n.
Shipping.
Douglases, $40.03. H.K. Steamboats,. $7 n. Indo-Chinas (Pref.), $30 m. Indo-Chinas (Def), $38 n. Shell (Bearer), $46/3 n. Union Waterboats, $182 b.
1 Mining.
Antamoks, 60 cts. n. Balatocs, $351⁄2 a Bagulo Gold, 47 cts. n. Benguet consolidated $40 a. Benguet Exploration 19 cts. n, Benguet Goldfield, 20 cts, 1. Big Wedge, 12 cts.
Gold Creek, $2 n.
Ipo Mining $2 n. Itogons $5 n.
Kailan, $20/3 n.
Langkate (Single) Sh. $21 n.
S'hal Exploration, Sh. $5. S'hal Loans, $61⁄2 . Raube, $13.40 n. Venx: Goldfield, $7 a. Docks, etc.. H.K. Wharves, $112 b. H.K. Docks, $181⁄2 b. Providenta (old) $1.85 b. Providents (new), 350 cts. n. Hongkews, (old) Sh. $312 Hongkews, (new) Sh. $310 n. New Engineerings, Sh. 35 n. S'hal Docks, Sh. $1251⁄2 n.
n.
1934.
WEAKER TONE ON WALL STREET
Finance Commodity Index At
LOCAL DOLLAR STEADY,
,
New High.
BUSINESS STILL DULL
NEW ADVERTISEMENTS
THE HONG KONG LAND INVESTMENT AND AGENCY CO., LTD.
A
N INTERIM DIVIDEND of ONE DOLLAR AND FIFTY
CONSIGNEES' NOTICE.
THE BEN LINE STEAMERS,.. LIMITED.
From LEITH, MIDDLESBRO', ANTWERP, LONDON AND STRAITS.
The Steamship,
"BENVANNOCH"
Prices were weaker on Wall Street CENTS per share for the six yesterday, industrials and rails be-months ended 30th June, 1934, will informed that all Goods are being Consignees of Cargo are herby Silver Prices Advance, ing off 0.32 and 0.31 to 88.11 and be payable on TUESDAY, 28th landed at their risk into the hazardus 38.91, respectively, while utilities August, on which date Dividend and/or extra hazardous Godowns of The local dollar remains steady, and bonds were off 0.13 and 0.16 tocation at the Company's Offices, S, front the wharves delivery may be Warrants may be obtained on appli& Godawn Co., Ltd., whence and/or The Hong Kong and Kowloon Wharf opening on demand this morning at 19.94 and 98.72, respectively. 1/5
Chater Road. The commodity index soured 1.75
obtained. Spot and forward silver prices to a new high 1988.34 level of 62.03.
NOTICE IS HEREBY GIVEN the Goods have left the Godowns, and
No claims will be admitted after. have advanced 3/16, closing prices S. E. Levy And Company's Report that the REGISTER OF SHARES all Goods remaining undelivered after on Saturday being 20 11/16 and In their market report. Mesars. of the Company will be CLOSED the 14th August, 1934, will be subject 20 18/16, respectively.
S. E. Levy and Company, corres from THURSDAY, 16th August, toto rent The London on New York cross-pondents for Messrs. White, Weld MONDAY, 27th August, (both days be presented to the Undersigned on All claims against the steamer must rate, which closed last Friday at and Company, New York state: .U.S.35.03%, closed on Saturday at
inclusive), during which period no or before the 28th August, 1934, or "Stocks:The market is still he-transfer of shares can be registered. they will not be recognized. U.S.$5.03%, while the New York Bitating in anticipation of some
By Order of the Board of Warehouse
To comply with the General Bonded on London rate closed unchanged at action by the Administration cal
Regulations Directors.
consignees £-U.S.$5.04%
culated to stimulate recovery,
must have a Revenue Officer in attend- ance when damaged dutlable goods are examined
Cotton Mills. Ewos Cottons, Sh. 311.30 n. S'hai Cottons (old), Sh. $731⁄2 D. S'hai Cottons (new), Sh. $48 n. Zoong Sings, Sh. $11 n. Wing On Textiles, Sh.$58. n.
Lands. Hotels, etc.
H. and S. Hotels, $5.70 n.
H.K. Landa, $57% n.. S'hai Lande, Sh. $251⁄2 n. Metropolitan Lands, Sh. $14 n. Humphreys, $10.40 n
H.K. Realties, $0.
Asia Realties "A", Sh. $140 n. Asin Realties "B" Sh.$20 ñ.: Chinese Estates, $85 b..
China Realties. Sh. $1554_.. China Debentures, Sh." $187 n. Public Utilities.
H.K Tramways, $21.85 b.. Peak Trams (old), $15 n. Peak Trams (new), $7 n. Star Ferries, $1021⁄2 n. Yaumati Ferries, $214 b. C. Light (old) $8.85 b. C. Light (new) $8.40-b. HK. Electrics, 371 b., $72 sa. Macaa Electrics, $25 n. Sandakan Lighte, $3 n. Telephono (old) $24.60 s. Telephone (new) $11,80;n. China Buses Sh. $13.20.. S'pore Tractions,.85% n. Singapore Pref., $17/- b.
Industrials,
Malabon Sugars, $11 n. Cald: Macg. (ord), Sh. 21 'n Cald: Macg. (Pref.), Sh.31945. Canton Ices; $2.70 2. Cements, $2.70 b. :*. H.K. Ropes: $4.60 n.° Stores, etc. Dairy Farme, $26-b
·Watsons, $5.70 buyers.. Der. A. Wings, $1-n. - Lane, Crawfords, `$4.38 n. Mackintoshs, $21
Sinceres, $10.2 Wi: Powells, 70 ets. n. Wing On: (HK) $108: n.
Miscellaneous.
H.K. Amusementes: $4 m...” Entertainments,$7/23 S.C. Enterprises, 32 na United Theatres, Sh. $2 n. Maçao "Greyhounds, 3 a. Constructions (old) $1.65 h Constractions (new), 75 cts. HIR, Gort, Loans, 6% pr Wallace Harpers, $74 1 CH GOVE 1925 G3Bds
Gold River, 24 its n.
NATIONWIDE CAMPAIGN FOR CHEAPER DOLLAR IN U. S.
Business done:-780,000 shares.
L. S. GREENHILL.
Secretary,
EXCHANGES.
"Bonds: The market for high- Hong Kong, 7th August, 1934. grade Issues is steady, while se- cond-grades are unchanged.
"Cotton:-Prices are Washington, To-day. Senator there has been only a little out- firm, but Thomas, of Oklahoma, plane aside interest. The market is still nationwide campaign for a cheaper awaiting issuance of the dollar, although Wall Street is skep Government cotton crop report.
next tical of immediate inflation.-United Press, per S. E. Levy and Company. and featureíess.
"Silver:-The market is quiet Business done
HOME OWNERS'
LOAN BONDS.
Short Term Series
Of Three.
SPECIAL TO CHINA HAI (Bu Telegraph, Copyright, Telegra phic Messages Ordinance. 1894, Re ceived August 7, 9:32 am.)
Washington, To-day.
Business done:-745 lots.
TO-DAY'S QUOTATIONS.
Strangth at Rotterdam and Buenos On India- The Home Owners' Loan Corable weather in the Argentine en-Da Shanghai-
Aires combined with less favour- On T.T. and demand 98% poration treasury has offered three series of short term bonds of the possibility is that prices may On Japan:-
couraged heavy buying. While
On .demand U.S.$50,000,000 each, provided the cash is used for reconditioning chases on minor set-backs is the On Manila-
80 higher, we believe that pur-: On demand homes on which mortgages have preferable course. been granted.
All broken, shafed, and damaged Goods are to be left in the Godowns, where they will be examined on the 13th August, 1994, at 10 am, by Messra, Goddard and Douglas.
No Fire Insurance has been effected. Bill of Lading will be countersiga- ed by
GIBB, LIVINGSTON & CO., LTD.
Agents.
Hong Kong, 7th August, 1934.
EVEXXS
Everything
On London-
31 lots.
On T.T. and demand 1/54 4 months' sight... 1/5% "Rubber: Prices were strong,
Credits 4 months' and the trend was upward on re-On New York-
sight *. newed trade and speculative buy- ing throughout the day. We be lieve that this commodity will sell
116%
On demand
8714
Credits 5 days'
sight
gone
BUT YOUR
335%
considerably higher in the near On Paris- future.
SAVINGS
On demand
565
"Wheat:-The market is strong.
Crédite 4 months'
sight
5972
RENT
FOOD
110
CLOTHING
1242
74%
63
HEAT
TAXES
On Batavian
On demand
64%
On Saigon---
WATER
On demand
5G
de-
CHITS
125%
1/63%
20 11/16
дот.
дот.
1% prem
On demand The bonds will mature in two,
Business done 16,812,000 bushels. On Singapore- three and four years, and will bear
"General Motors has declared a
On demand the, following interest in the same cents together with an extru divi- regular quarterly dividend of 25 order: 12 per cent.. 14 per cent dend of 50 cents, and 2 per cent,
"International Nickel has The Corporation has reported clared a quarterly dividend of 15 that it re-financed 414,190 homes cents, compared with-a previous up to July 27, and has U.S.$900, dividend of 10 cents. 000,000 worth of bonds [ding.-United Press, per S. E. Levy
and Company,
outstan.
NEW YORK STOCK EXCHANGE.
S. E. Levy And Co. And A.O.F.C. Quotations.
New York, 'Yesterday. The following quotations from New York have been received by Mears & E. Levy and the American Oriental Finance Corporation
N. Y./Lon-
don
Last
Close Opening Noon
5.04% 5.04% 5.04 13.07 13.07 13.18 13.17
Cotton Oct. 13.08
Dec. Silver Scpt.47:30-
- Dec.
Rubber Sept. 15.10.
STOCKS Amer.
Smelt Anac Cup-
13.19
47.95
47.80
(Continued on Page 7)
On Bangkok- Bovereigns bank buy-
On demand
ing rate.....
Bar Silver per öz, ...
Bar Silver in Hong
Kong Copper Cash..
SILVER POLICY Copper Cents
INADEQUATE
Senator Thomas Attacks Roosevelt Plan.
SPECIAL TO CHINA MAIL. (By Telegraph, Copyright, Telegra phic Messages Ordinance. 1894, R4- ceived August 7, 9.82 a.m.)
Washington. To-day... Senator Thomas, of Okia- homa, declares that President Roosevelt's silver policy is in- adequate.
The United States, he points] out, is spending U.S.$20,000,000 1.10 daily. Thus the new $50,000,000 issue of finance is only sufficient for 2 days expenses.
The purchasing. power of the dollar is U.S.$1.35, and the ex- cess. must be eliminated if re- covery is to come, he asserts. United Press, per S.. E. Levy and Company.
47.51
Silk Dec.
1.114
miskin
Dec.
15.50
16.63
C. Wheat
Sept.
1.04
1.05%
Dee.
.1.08%
1.08
C. Corn
Sept.
723
7%
Dec.
75%
W. Wheat
Oct.
9044
32% 32% 88
11
19
11
1434 --- 37
10%
18%
1414
27 27%
85- 854-
11
8814 1134: 10
20%
2614
$ 4014 2144 21%% 18. 17% 19- 13% 43
4736
13%
In Aircraft
15
43 14%
17, The Bund Shanghaii
[U. S. Steel
33%
33%
West E&M
29%
29
per Auburn Balt & Ohio JI Case.. Con Gab
N. Y
Da Pont
El Be & Sh Int & Tel... Gen Motors
Melntyre
Mont Ward Nat, Distili. N.Y. Central SocVacum
Stan Oil N.J.
Is It Insured? ?
Insurance All Classes
``LOWEST RATES
American Asiatic Underwriters Fed. Ind, USA. General Agents
Hend-Offee
ELK, Office Asia Life Building Tel 30234
Rate of Native Interest 8% pa. Chinese Sub. Coin 29% dis. Hong Kong Sub. Cols par.
U. S. BUSINESS INDEX RISE
New York, To-day. The New York Times business index reports business at 78.8 per cent, as against | 79.7 per cent. last week and 92.0 per cent. at this time last year! United Press, per S. E. Levy (and) Company
SAVINGS
SAVE SOMETHING
START NOW
UNDERWRITERS SAVINGS BANK
FOR THE FAR EAST,
INC.
Asia Life Building, Hong Kong. Tel. 80234.
S. E. Levy & Co.
UNDERWRITERS AND DISTRIBUTORS
SECURITIES AND COMMODITIES
BOUGHT AND SOLD ON COMMISSION DAILY NEW YORK STOCK AND COMMODITY SERVICE
Members:
NEW YORK COTTON EXCHANGE COMMODITY EXCHANGE, INC. CHICAGO BOARD OF TRADE
CORRESPONDENTS FOR WHITE, WELD & CO., NEW YORK
7 ICE HOUSE STREET, HONG KONG Tel. 30101 and 30108
Tel. Address: Balco
THE SHANGHAL
COMMERCIAL & SAVINGS BANK, LTD.
SAVINGS DEPARTMENT.
CONDENSED BALANCE SHEET AS AT. 39TH JUNE 1934.
Capital
Reserve Fund
Deposits:
Current
Fixed
LIABILITIES.
ASSETS
$500,000.00
600,000.00 -
Cash:
In Hand
$29,772,636.66.
8,362 325.32
38,134,961.92 *422,498,01€
At Commercial Department tInvestments at Book False
$4,440,207.28 9,009,994.38
$15,450,292.24
$11,707.222.39
*Loans Becured ́..
*14,403,023/59 ||
Accrued Interest Receivable.
269/984019
£23,620,94:
Asconate) En, Roáte
140,800M793!
4,037.09
$40,016.637.08
Gif Bonds (Savings Certificates) Apcrued Interest Payable,
Net Prodt for the Half. Year.
of the Financial Condition of our
National Government; of China, G
ings Department every quarter is made statutory by the Ministry of Finante
HONG KONG BRANCH: No 7 ICE HOUSE-STREEN
PHONES:131481=62-83/