BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION,
Authoriami Capital pagi dan
mad mod Pully Paid up ma
Her Fund -
£ G
$50,000,000
E
$3,106
Area Listility of Prugnelore ............$K\(KALAN
HEAD OFFICE: HONARONG
BOARD OF DIRECTORS
Hon. Mr. C, G. 8. Hackin
Chafenian,
B. H. Dadwall, Eng
Deputy Chalmas
27. Mistia, Eny
HANKOK HARBIN
ALU
LPOEL
XORODE
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1853.
HEAD OFFICE: LONDON
LATEST
THE CHINA MAIL, SATURDAY, SEPTEMBER 22, 1934.
Commerce and
Finance.
اشه
QUOTATIONSĮ STEADY UNDERTONE-
ON WALL STREET
.£3,000,000
£3,000,000 The following quotations have theen received by Messrs. S. E. Leyv ..£3,000,000
and Co. and the A.O.F.C.
Tonigh
(Bunker)
V. M. Boybara, Kmj.
Chief ingr
BRANCHES-
GONDON LAVAS
LACES
ASILA
AGAN Jokom |
SEW YORK
PIPING
TENANG
HANGOUN
SATON
SAN FILARCONNE
SHANGHAL
Poreign Exchange sad Tercial Banking busines transacted.
Current &uble speed and Fixed Deput rucnired Ene en zone of aborter periods at "Peter- which will be quoted an application.
MURDER
THE BANK OF CANTON, LTD.
Traders Maintain A Waiting Attitude
INDECISIVE MOVEMENTS
SHARE MARKET
Weekly Report.
Hong Kong, September 22.
Mr. G. A. Harriman's weekly share 'report and market review lasted at noon states:--
gave
PEAK NUISANCE
CHARGE
CHURCHES
SCIENTIST.
Court Full Of Europeans FIRST CHURCH OF CHRIST,.
To Hear Proceedings
BACHELORS PARTY SEQUEL
at
(Branch of The Mother Church,. The First Church of Christ, Selen tist, in Boston, Mass, U.S.A.I
Macdonnell Road, Below Bowen Road Tram Station. Sunday Service 11.15 a.m. Subject: MATTER.
The market during the week un-1 der review has been on the easy
Many Europeans were pre- side with very little business be.
the Central Magis ing transacted. Due to lack of sent support, several counters in the tracy yesterday when proceedings: investment section
way. against Messrs. G. W. Sewell, A. L. Hong Kong Electrics formed the Sullivan and H. C. Meeke, summon.
The Sunday school is held on. notable feature of the week hav-led for having at No. 266, The' Peak, ing changed hands at as low as on August 31, made or permitted to Sunday Morning at 10 o'clock. $704. Dairy Forms touched new be made a noise calculated to dis- Wednesday Evening Mesting at 8. low levels with sales at $244.sturb the public tranquility was p.m. Reading Room at above ad-
before Mr. E. W. dress open Tuesday and Friday, 10- New York, To-day.
Wharves were obtainable at $109 commenced
to 12 noon, Monday and. The undertone of the stock mar and Telophones (old) at $24. Hamilton.
In the evidence led by the pro- Thursday, 5.30 to 7 p.m. The kei was steady yesterday with Hong Kong Lands remained in minor fractional gains and losses demand at $50 after business at secution. it was alleged that Scot Public is cordially invited to at about evenly divided. In view of this rate. Hong Kong Trams im-tish Student songs, shouts of, "We tend the service and visit the the prevailing uncertainties, traders proved slightly and were dealt in want Southorn," and calls for the Reading Room. ure maintaining a waiting attitate at $20.25/20.40. Among the minor "boy." had all emanated from No. a decline 286, where, apparently, a party was continued indecisive move-issues, Ropes suffered
and were ou offer at $3.25. Co-in progress, and that. Mr. T. H. ments are expected."
a set-King, the Deputy Inspector General ments, likewise, suffered
Paid-up Capital
Reserve Fund
Reserve Liability of Pro-
prietora
Agencies and Branchen:
| Alor ar
*Fidle
Rangoon
Amalar
Ipeale
Hicas
New York. Yesterday.
Sept. 20 Sept. 21
Bangkok
Harach
Balus
Klanx
Bug. . . H. Bull.
2. Compla, 24.
A. 5. Norm Beg
Bonber
Kaba
Memarang Hetemin Shanghai
New York Cotton:
3. Keawer, Engi 0.0. Knight, Esq.
Calcutta
Hingapore
Closing Closing
Canton
Laukur
Gayshore
Kuala
Ob
Andre
Colombe
Manlle
tlawn Haurabaya Taping TIANUM
October
12.62
Dalbi
Madan
December
12.76
Haiphong
New York
I
AMUY
Hankow
(Peking)
DANUKS
Harbin
TMORI Ychchan Zembrenge
January,
12.81
12.79 12.91 12.94
March
BATAVIA
Ilona Kong
JUMBAY
May
GALCUȚIA
July
CANTON UREPOR COLOSIN DAIREN POCHW HAIPHONG
Spot
12.38 13.01
13.06 12.52
13.07 12.97 12.85 13.00
W. IL E. THOMAS,
New York Rubber:
and
Hong Kong, 20th
Acting Manager. February, 1984.
1 October
15.15
A LUNPE
December
15.40
∙15.46 15.71
ONUREW
SEGAPORE
PORABAYA
January
15.50
15.82
BUNGEE PATANI
March
15.76
16.10
• DESISIN
КОНВ KOWIZION
Juxio
May
16.05
16.33
135GTA
Established 1912.
July
18.30
16.58
Head Office Hong Kong.
Chicago Wheat:
Authorised Capits!
Pak-up Capital
Total Resources
$11,000,000 8,655,000 12,170,492
September
104 104%
December
1044 104%
Branches: Canton. Toiahun. Shangha!,
May
104% 104%
to return 10 mediation. WIN ceived buyers
en
are
still
the market is in
September
7744 7734
to reflect any
December May
78
78%
794%
79%
One
shorter periods at rates which will be quoted on application.
year or Winnipeg Wheat:
October
$22
32
December
May
831⁄4 8284 37% 874
New York Sugar:
October
1.92
1.92
March
1.93
1.91
May
1.96
1.96
Deposit them in a Vault
New York Silk:
December February April
1.13
1.18% 1.15 1.18 1.18 1.16
YOXOTESMA
Current Accouple opelled in Local Varmung mad Fland Deponite resalted for nos quar' the beter perafin Local Compety and Kierling berikh will be qushit on appliaŁONI). that hen. 31% April. 184.
CHONG KONG SAVINGS BANK.
Cum of the above Thank is soodust. ed by LONG KORU AND SHAMIAJ BANKING CORPORATION. Hul
whtained an application.
PIK THE HONG KONG AND SUANOHAL BANKING COMPORATION
Y. 14. BAYHURN,
Hankow, Bangkok & San Francisco, Chicago Corn: Landon Bankera: Lloyds Bank, Ltd.,
and Banking Foreign Exchange business of every discription trans- Jacted.
Current Accounts opened and Fixed Deposits received for
Safe Deposit Boxes (various sizes)
for hire. Chief gue.
LOUE POOM SHAN,
Chief Manager.
Teng King 2014 February, 1954,
THE BANK OF EAST ASIA, LTD.
Authorba Capital
Paid-up Capitel
mart and Undidat Prod work
$15,000,000.00 દાન ક
$4,495,
HEAD OFFICE-HONO KOMI
12. De Vous Road Central
HARD OF DIRECTONS :~
Thou- Chow, Chem.
A Bou Can, L, P. K. Krow. Emy: Wang
Ban
Yau Tonk, Eng., Chan Ching to E, Wang, Wong Chu boa, Eng, and Han Yug
70. 209.
Kas
Batavia
Halping Funkow
on P, Bag-, tibini Maangor, LT Foug. Eng., Manager.
BANCHES AND AGENCIEN -
Stanila
Melbou
SALA
Bombay
Repaaki
Calcutta
Now Yuck
Cou
Braku
bob Singapor bourekays
Pl
*Welow
Pelping
sydney
landinju
Talbeku
Købe
Hangves
Tientela
Kowloo
Salgoa
Tokyo
Condat
De Fourt
Vababuver
Prong
ry centription of Banking and Exchange Lavend on approve! Bi kosited. Budius. Burnt
Accounts speed, Louel Gurmo and Fized Deposits, revered in anak. your or horlar guests in Local and Foreign Ducrenales term which will be quand no application. Hals Deposit Coser To Le
KAH TONG PO
stung Hoog. 1 March, 1984.
Chint Stanager.
THE BANK OF TAIWAN, LTD.
Head Office:-Taihoku, Formosa, Incorporated in Japan by Special- Imperial Charter, 1899. Central Bank of Formosa, Notem
issued Average amount T.45,000,000 Branches and Agencies.
SAFETY FIRST!
To Safeguard Your Valuables and Jewellerica,
that is really: FIRE-PROOF
BURGLAR-PROOF DAMP PROOF!
OUR SAFE DEPOSIT VAULT
located on the Mezzanine Floor of Our New building is Specially Con.
structed to provide all of these Im-H.K. SHAREBROKERS' 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-f tal.
Inspection Cordially Invited.
THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeux Road, Central
THE
AMERICAN EXPRESS COMPANY,
INC.
Head Office:-65, Broadway, New York
Capital Surplus Reserves
U.S.$8,000,900.00
2,087,112,60 1,995,528.81
ASSOCIATION
Stock Report
The following report was issued by the Hong Kong. Sharebrokers' Association yesterday afternoon:
Bank of East Asia 390 b. Canton Insce $285 b. Underwriters $1.10 b. H. K. Fires $240 ». Antamuks 64 eta, b. Bagulo Gold 47 cts. b. Hotels $5.40 b. Lands 350 b.
Providents Old $1.45 h.
Trams $20
b
Ferries $97 b.
Lights Old $8.60 5.
Before
com-
8.01.
ELECTRIC FOILS
FENCERS
FOR
4.
Light Flashes When Hit Is Made
FRENCH TOURNAMENT NOVELTY
S. E. Levy And Company's Report back with shares offering at $2.20. of Police, had finally sent an Officer In their market report. Messrs Hotels remained firm at $5.40 and with a request that the noise cease. The prosecution was conducted S. E. Levy and Company, cortes Providents (old) at $1.45, China)
Lights pondents for Messrs. White. Weld!
(old) were steady at by Mr. H. K. Holmes, the Attorney around $8.55 and the new shares General, while Mr. D. B. Evans ap and Company, New York state:
"Stocks: President Roosevelt's at around $8.30. They sterling peared for the defence, message urging textile strikers section was rather quiet though Mr. F. C. Jenkin, R.C., occupied
work, pending Unions were done at $537/8 and the Bench with Mr. Hamilton.
the proceedings favourably
Electric foils which automati- re Hong Kong Banks at $1,725, Phi-| Wall Street. Though lippine mining shares attracted menced. Colonel H. L. Murrow; pro- cally record all hits were used at
cautious,
Antamoka were prietor of the Hong Kong Daily the International Fencing Cham-
appear-pionship at Vichy. The system. a good position enquired for at 54 cts, Baguio Press. apologised for the favourable newsGold at 47 ets,, Gold River at 23ance of an article in yesterday's has been tested satisfactorily at We are inclined to expect some-eta., and Benquet Consolidated at morning issue of the paper. which minor tournaments,
The most striking feature of the $42 The tone of the market had reference to the case. what more strength over
"electric touch Mr. Hamilton said he was glad the
control week-end. Business done:-710-at the close is dull.
that course had been taken, because system," it is called, is a box. was most improper that the which there are two electric lampa article should have appeared.
some attention.
Hong Kong Fires $240.-
China Underwriters $1.15. Dairy Farms $24.
900 shares.
Business during the week has "Bonds-United States Govern-been done at the following prices:
unchanged. were issues ment
Hong Kong Banks $1725- Unions $537/638.- High-grades continue to improve and buying is broadening, but the market was slightly less active. Second-grade issues were better.
Trade Is "Wheat:-While the fearing the volume of importation of Argentine wheat, the weakness of the Buenos Aires market is u We would depressing influence. eonfine purchases to
sales: 17,195.000 Thursday's bushels. Corn:-0.402,000 bushels. "Cotton: A better Trade and
setbacks.
| foreign demand absorbed hedges, but the liquidation of October cotton is checking, advances.
Hong Kong Trama $201⁄44/20.40. Lights (old) $8.60.
Yaumati Ferries 20%
+
it
MORE NURSES FOR VOLUNTEER CORPS
Hong Kong Electrics $70.-/714. Twenty-two Enlistments
Telephones (old) $20-
Antamoka $0.63.
Eaguio Gold 48 eta.
NEW YORK STOCK EXCHANGE
"Rubber:-The Trade turned S. E. Levy And Co. And
A.O.F.C. Quotations
buyers. and any increase in out- a fair side buying should cause advance in prices. Total sales:- 533 lots.
Received
TOTAL REACHES 45
An addition of 22 enlistments of ladies for the Nursing Detachment
containing batterics on top of and a bell. Two cables run from this box to opposite ends of the
floor, where they are connected with large automatic bobbina ow which there is a length of wire.
to a is attached Each fencer bobbin by means of thin wire fir- led to his wrist and running down
his arm to the foil. Two thin wires follow the hollow part of the blade to its point, where they join a press button which closes the circuit when the point of the foil touches an opponent
An electric bell then rings, and. of the Hong Kong Volunteer De the lamp with which the fencer is fence Corps has brought the total connected is lit. strength up to 45, which is only 7
It is claimed that the wires at- short of the full number required.tached to the fencer's body can
Latest recruits to the Volunteer not get in his way, as they are al- Nurses include Mesdames G. D. E.
ways held sufficiently taut by the bobbin. In any ca80, "Flash:-We hear from a good fork have been received by Masar Barber, C. C. Boswell, A. R. Brigsautomatic
S. E. Levy and the American Oriental F. M. Deacon, D. E. Hole, B,
it is contrary to the rules, for op- Finance Corporation.
Hourihan, H. Owen-Hughes, A. Hponents to circle round one an. Close Opening Noon Potte, C. de S. Robertson, M. G. other. 4.90% 498 499% Trail, Misaes M. S. Bander, D. E. E,
1289.. 1284
The following quotations from Now
President Rousevelt source that will make a speech over the radio! on October 1st., saying that if
ex-NY/London successful, the "New Deal" periment will be continued, but if Cotton Der. it is unsuccessful, the experiment Silk Dec. will be dropped. The President will also assure the public that business profica will be encourag- ed.
Last
Famous French, Belgian Brooks, T. M. S. Deacon, E. Hop-Italian, Swedish, American, and 118% kina, R. Judah, A. Owen-Hughes, Egyptian fencers took part in the
G. K. Saunders L. Schlee, A. EVichy tournament.
Steele, Mary Witham and IL
103% Woolley.
Mrs. D. B. Butler, according to
Volunteer Orders issued yesterday, "ROBERT MORRISON'
master of the Detachment, as from
to-day. The Commandant is Mrs.
1262
Mar.
Rubber Dec.
1288
1207
1300
113 1540
1558
Mar
3576
1598
C. Wheat Dec.
May
104
104/
103%
Yaumati Ferries $211⁄4 b.
Market Factors
C. Corn Dec.
May W. Wheat May. 87% STOCKE:-
78
7844
79%
79%
874
has been appointed Acting Quarter-|
BRANCHES:
Lights Now $8.25. b.
Japan: Kobe, Osaka, Tokyo, Yoko
hama, Keelung, Makong, Nanto, Shoka, Sinchiku, Taichu, Tainan, Taito, Takao, Tamsui, Toen. China: Amoy, Canton, Foochow, Han-
kow, Shanghai, Swatow.
kanlardam Antwerp
Genda
Milea Nies Napisa
Electrics $70% b.
Athons Amun Beas Berlio Bombay Bremen Brusanis Cairo
HAJ
Pirmous
+
Hamburg
Harte Ilidelborg Interlaken Serialom
I,oudon Lieneposl
The following message was re Auburn ceived by Messrs. S. E. Levy from Con Gas NY.. 26%
Du Pont...... 86 Reuter:-
Favourable factors prior to the El Bo and Sh. . 9%
Gen. Motote opening of the market: (1) The
Int Tel and Tel 944 strength of the Bond market, es-Lew's Inc. pecially United States Govern-Melntyre ment issues. (2)
Amer Smelt..... 34
34%
34%
24
.24%
20% 26
D. Durran, wife of Dr. Dufran.
874
10%
10.
2812
28%
0%
0%
26
27%
45%
24%
217%
Conner Colombo Copenhagen Dublin Edinburgh Flornom
Lucerns
Lugano
Marsellin
Monte Carlo Manila Munich Moctu
Board proposes
a plan for the Nat, Distill
20% NY Central settlement of the textile strike.Stan Oil NJ 43%
mar-U.S. Stoel 31%. (8) Uncertainly regarding
London Prices.
194
19%
20
Others: Bombay, Hong Kong, London. Cloutie York, Singapore, Batavia, New Samarang, Socrabaya, Dairen.
On and after April 29th, 1984, the on Special Current rate of Interest Deposit will be at 14% p.a. on daily v balance and the rate for balance oyer $10,000. will be quoted on application, (Maximum rate-144).
Y. OHNO,
· Manager,
Hong Kong Branch
S, Des Voeux Road, Central,
The Hague
Paris Paipur, Palira Rotterdam B Shingar Besharpton Aldaper Tirobia Taormine
Vienna Varice Yokohama Zurich
Branches of American Express Com pany in Principal cities of United States of America and Canada. :
All classes of Commercial Banking Transactions undertaken.
Personal investment accounta
THE YOKOHAMA SPECIE BANK handled.
LIMITED.
Established 1880
The Company, offers to intending Travellers the use of its "Travelers Cheques" and Letters of Credit and, Capital (fully paid-up) Yen,100,000,000 in addition, the world-wide services Yen.124,250,000 ef its thoroughly equipped Travel De- Reserve Fund
¡partment.
Head Office:-YOKOHAMA
Branchea and Agencies at:
Alexandria
Batavia
Berlin
Bombay
Calcutta Canton
(Daloy)
Nagasak! Nagoya
New York- Osaka Paris
Peiping Rangoon
(Bakden) Rio de Janeiro.
Hamburg
Hankow
Hong
Harbin
Wan Kons
Honolulu... Hainking
Karachi
Kobe
San Francisco
Seattle
Semara
Socrabaya
Singapore
Tientsin
London
Los Angeles Menila
Sydney
Tokyo Tringtan Yingkow
morar "allowed on curre
Deposits recefred før
* varer to be obtained:
ptember, 1984.
C. H. BENSON,
General Manager,
THE WING ON BANK, LTD. HONG KONG
Authorised Capital $10,000,000
and Banking Foreign Exchange Business of every description transact led..
Current Accounts opened and Fixed Deposits received for one year or shor- ter period at rates which will be quot ed on: application.
Safe Deposit Boxes (various sises) for hire.
PHILIP GOCKCHIN Chief Manggula
LGOCKUHIN
Assistant Manager.
LI SHU FONG. Kasatant Manager
Cements $2.20 g. Ropes $3.15 b.
Constructiona Old $1.66 b. Constructions New 75 cts. b. Nanyangs $4.70 b.
Gold Bonds 85% 5. 3. C. Enterprise 31.30 b. Vibre Piling 36 b.
THE MERCANTILE BANK OF INDIA, LTD.
HEAD OFFICB;
11, Grockurah Street, London, E.08.
$3,000,000 1:800.000 1,050,000
Authorised Capital Subscribed, Capital Paid-up Capital...... Reserve Fund & Rest. 1,247,482
· DANIKBG)..
The Bank of England & Midland Bank, Ltd. BRANDIES:
Ipol
Kandy
The Mediation Mont, Ward
gia requirements are expected to be clarified very shortly.
The following quotations, from Lon- don were received last night between Unfavourable factors were:- 5.30 p.m. and 10.30 p.m. (1) Profit-taking, appeara on ral-
CENTENARY
$60 In Donations To Fund Acknowledged
The Finance Committee acknow
Is It Insured??ledge with thanks the fallowing
Insurance All Classes LOWEST RATES
American Asiatic Underwriters Fed. Ina, USA. General Agents
Silver: Spot 21 (last close), 21% Head Office
tics. (2) The absence of any follast recd.), unchanged. Flow-through on upturns some-
Silver: Forward 21-15/16 (last close), 17, The Band
what discourages any constructive 21 15/16 (last rocd.), unchanged. element..
Night Telegrams
Silver Report: America and specu- Shanghal. lators bought. China sold: Market
steady.
Goul: 140/9 (last close), 140/11% (last recd.), 2d, up (change).
London/N.. Selling Tate: 4.99%
The following telegrams were (last close), 4.98-15/16 9/10 down received by Messrs. S. S. Levy (change).
(Maui).& Co., through Reuter. last night:
Bangkok
Bombay
Calcutta
Karachi
Colombo
Kota Bharu
Dalki Challe
Kuala Lipis
Now York c'euang For Lo
El Angoon
Kuna impur
Honoor
Bentan (Fabang). Simula
XE
Mindra
Sipore
London/Paris Selling Hate: 74.84 The undertone of the stock (last close), 74.78 (lgst read.), 06 down market is steady, with minor (Change),
Liverpool Cotton-Get: 6.77. (list) fractional gains and losses about close), 0.82 (last recd.), .05 up Every description of Bucking at Erchase but evenly divided. In view of the (change)
FIGYO KONO BEANOH
arse tratameloc.
Travellers Chezuse laged.
Manage
, Queen's Zod Central,
Hong Kong, 12th June, 1934.
!!
Trustee and Executorships under prevailing uncertainties, Traders Liverpool Wheat Oct.: 6/4% last are maintaining a waiting attitude close), 5/4 (last red.), down
(change).. Įtakers
London Rubber-Oct-Dec.: (buyers) INTERESY "ewed on Orrect cone and and continued indecisive move- Pixad Deposita ai -Haim that; may barssouriained
7% (last close); 7 (last recd.), 1⁄4 up expected. oa application,
ments are. J. B. BOSS,
The International Tel & Tel.'s (change).
London Rabber-Oct-Dec. (sellers) consolidated Inet Income for the 4 (inst clóse), 75% (last retd), 1⁄4 up, firat six months totalled $1,698,- (change), de 000, which is equal to 27 cents London Rubber-Oct-Dec.; at noot per share, compared with a net (buycrs), 7-7/16 (last recd.) London's Forecast ices of $642,000 last year.
A forecast from London on the pre- The American Raliway Associa bable trend of the New York Markot, Hon reports carloadings at 646,- staten: NA 000 cars, a decline of 14,000 cars With the domestic outlook slightly more promising, valdes on Wall Street from last year. Li,
Department Store sales in there expected to improve, but the turn Lover will probably continue small, New York metropolitan area for owing to operatora still adopting the first fortnight in September, cautious attitude, p
The Wheat market. may open steady exclusive of liquor sales, bave in-
The preziRexry regardinke imports creased around 5 per cent, com from the Argentine, have been pared with the corresponding rerated SLOVE pected to open period of last year.
THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED. (Incorporated in China)
($5,000,000.. Capital paid up ...
($7,000,000. Reserves Capital Savings Dept. $600,000. Reserve Bavings Dept. $800,000,"
Head Office-Shanghai A-Bank having an 346 zolinion the Industrial development of China and the fostering of her, commer cal relations broad. Hong Kong elitë...”
Phone 31481-4KW
Cotton prices) are
stro
(Continued on Page 9.)
botter market
H.L. Once
V.Asli Life
Building
subscriptions to the Alice Memorial '
& Nethersole Hospital Building Fund:
List No. 7:
Previously acknowledged $4,113.65
Adam Gray, Esq.
10.00
Anonymous
50.00
$4,173.65
Further subscriptions will ba Tel 36234 gratefully received by Mr. J. B
Boss, c/o The Mercantile Bank of India Ltd.
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 ICE HOUSE STREET, HONG KONG
Tel 80101 and 80108
Tel. Address: Selco
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