BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Andorfand Capital $4,000,000 isted and Fully Padup
Mert Faude:-
Barling
Niver, EMAI
Beserta Liability of Froperatore 30,000,000
HEAD OPPICE: HONGKONG.
THE CHARTERED BANK_OF INDIA, AUSTRALIA & CHÍNA.
Incorporated by Royal Charter, 1863.
DAIREN
£ 1,500,000
BOARD OF DIRECTORN
Hou, Mr, 0. 0. 8. Mackie
Chaletan,
FOODHUW
HAIPHONG
Deputy ChairmaR.
THE CHINA MAIL, MONDAY, OCTOBER 8, 1934
and
Commerce
Finance.
1/7% 1/7%
NEW YORK STOCK
EXCHANGE
S. E. Levy And Co. And A.O.F.C. Quotations
The following quotations from New York were received through Messrs. S. E. Levy and the Ameri- can Oriental Finance Corporation at midnight.
-LOCAL SHARES.
TO-DAY'S QUOTATIONS,
The following is the list of Iscal' share quotations issued to-day:
Banka.
H.K. Bank $1670-b.' I.K. Bank (London), £1381⁄2 n. Chartered Bank £15% d. Mercantile Bank, A. & B. £30% μ Mercantile Bank C. £13. Bank of East Aslá, #93 n. Am: 0. Finance Corp., 8h. 20 n. China O. Fin Ord., Sh-$4',' China 0. Fin. Pref. Sh. 15 n.
* Insurances. Canton Ins., $285-n. Union Ina, $580° b. China Underwriter, 3115 n. China Fire Ins., $510`n H.K. Fire Ins., $237.11. International Assce. Sh. $8 a.
Shipping.
Douglasės. $401⁄2 -D.. H.K. Steamboats, $7 m Indo-Chinas (Prof.), (30 m. Indo-Chinas (Def.); 838 n. Shell (Bearer), 46/10 Union Waterboats, $18%-
Maing.
n.
000,000
HEAD OFFICE: LONDON,
EXCHANGES.
Paid-up Capital
Reserve Fund
.£3,000,000 ( £3,000,000
TO-DAY'S QUOTATIONA
Reserve Liability of Pro-
prietors
£8,000,000
On London-s
Agencies and Branchen:
Alor Bo
Barrow
T.T.
B. 11, Nadwolf, 14.
Araria
Iprob
Ввікон
Bangkok
Kanch
Bemkrang
On Demand
Mr. W. II. Dell,
0. Makin, Exp
Batavi
Klang
Berembes
A IL Campton, Esq.
JC. b. Normal as
Bouby
Kobe
Saenglis
4 Months' Sight
1/7
W. A. Keswick, Esq.
T. E. Perse, Bez
Calcutta
Khals
Ale repor
Canton
Lumpur
Bilawas
Credits 4 months'
Cawnpora
Kuchin
Bourabaya"
Cabu
Student
Taiping
Sight
1/7%
Colombe
Manila
Dalk
hledan
Tongka
On Shanghai—
Halong
New York
Hambura
Peiping
Tortas
On Demand
100%
Hanic
(PAGE)
You
Earlie
Tanku
Zambongs
On Singapore---
Lang Kook
On Demand
67%
On Japan:-
On Demand.
136
On India-
On T.T. and Demand
101%
Last To-day Last Time
close. open retslvad Sterling .....92 4.92% Cotton Dee... 12.23 Catton March 12,80 Silk Dec....1.14. Rubber Dec. 1278 Rubber March 14.12
1.02%
12.26 12.39
12.22 12.37
13,87/13.0 13.67 14.30 14.26
On New York-
Chicago Wheut
On Demand
30%
Dec.
Credits 80 dayı"
Sight
Chicago Wheat
40%
May
Corn Dec.
On Batavia--
Corn May
***** 97%
98 70- 77
97%/08 .07%
On Demand
57%
Winn, Wheat
On Paris-
May
On Demand
500
$11,000,000
Credits 4 months'
9.155,000
32,170,492 Sight
620
Auburn
75%/75 75% 78/77% 77%
834 83%
831 Dow Jones Industrial Average., Last Close 02.96. To-day's Open 08.12. Am. Smelting 35
35% 2544 25
0814/98% 93%
85%
251
Con'd Gas
29
29
28%
59
Dupont
91
91%
01
Elec. Bord &
On. Demand
78%
Share...
10%
10%
10%
Gen. Motors: 30
30%
29
one
for hire.
On Bangkok- Current Accounts opened and Fixed On Demand Deposits received for year or Bovereigns bank buy- shorter perioda at rates, which will be: ing Rate quoted on application,
Safe Deposit Boxes (various sizes)Bar Silver per, oz. ... Bar Silver in Hong
Inter. Tel &
116%
Tel.
9%
0%
McIntyre Par
1/794
cupine
Montg. Ward 28%
28
28
S'hal Exploration, Sh. 15 ́n.
223%
Natl. Distillers 21%
21%
214
S'hai Loans, $6.
N. Y. Gentral 22
221
Kong
Copper Cash
nom.
nom.
Standard Oil
Raubs $12.90 n..
42%
424
Venz; Goldfeld, "$5 n.
Copper Cente
U. S. Steel. 33%
33 T&
33
Loews, Inc..
28
29
29
U. S. Rubber
เลย
7. Right, Bay.
AMDV
HANG BUK
HATAVIA
BAY CALCUTTA CANTON
USPOD
COLUMBO
11AMEBRO ALEKKOW JLARBEN
ПОМОЖЕМ ILOILO
JOHOR
KOBE
KIWLOON
V. M. Onyburn. Eaq.
Chial Manager.
BRANOLLES-
LOSDUN LYONS MALAGEA
JAMILA
SCAR [Julwa)
31 KDEN
NEW YORK
PEAPING PENANG KANGOON
BABON
HAN PUASSROO
KUALA LUMPUR
KHASUHAI
SINGAPORE
SORABAYA
BUNGE PATINI
TIENTSIN
TURYO
TSINGTAO
YOKOHAMA
Current accounts opened in Local Currency dised Depois recited for one por aborter periods in foul Company and Starling terme which will be quotit ia sppileatak. Ung Kong, 18th April, 1984.
HONG KONG SAVINGS BANK.
The Buslow of the above Bank in ronduct. the 11UNG KONG ASD SHANOUẬT BANKING COLPORATION. Bules may be FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION
shaided as application,
Y. MORATOVAN,
Chist Mangar.
Forsiga" Exchange and Jastral Banking besinau tags:led.
Curreal Accounts spead, and Fixed Deposita revered for one year or abortar perlɔći si zales wilch will be quoted as application.
W. IL É. THOMAS,
Acting Manager. Hong Kong, 20th February, 1984.
THE BANK OF CANTON, LTD.
Established. 1912.
Read Offices-Hong Kong.
Authorised Capital
Paid-up Capital
Total Resources
Branches: Canton, Tolshan, Shanghai, On Salgen- Hankow, Bangkok & San Francisco. On Demand London Bankera: Lloyds Bank Ltd., On Manila-
Foreign Exchange
and Banking business of every discription trans-}
acted
Ung Bong, 29th February, 1954,
THE BANK OF EAST ASIA, LTD.
Authead Capital
Pan Capital
--- $10,000,000,00
. 5,208,800.
Komerte sud Undivided Profita 13.484,000,00
HEAD OFFICE: HONG KONG
13. Das Vays Bosé Central
BOARD OF DIRECTORS:-
Sir Bbou- Choy, Chairman,
Wong
fà Roon Chun, F, P. K. Ewok. 53. Fa
Est.. Wong Chu Sơn, Eng, and kan Ting
Kun Tour, Eag.. Cant Ching Sink, Ext
Fan
w
S+4.
ATIA
Boundar
Caloutta
Han Tong Po, Esq., Clist Massgar, Li Te Fong, Esq., Manager.
BRANCHES AND AGENCIES :-
rak
3 albu
LOOK POONG KIAK,
Chef get.
SAFETY FIRST ! To Safeguard Your Valuables and Jewelleries. Deposit them in a Vaulis that is really: FIRE-PROOF BURGLAR-PROOF DAMP-PROOF!
OUR SAFE DEPOSIT VAULT located on the Mezzanine Floor of Dar New building is Specially Con- atescted to provide all of these Im- Iportant Qualities.
.....1% prem. Rate of Native Interest 3% p.a. Chinese Sub. Coin 27% dis. Hong Kong Sub. Coln Par
LOCAL DOLLAR STEADY
Silver Prices Firm
The local dollar is steady, open-
You may obtain Safe Depositing on demand at 1/7. Box in this most up-to-date Vault for
**** 40%
of N. J... 42%
1st. Pref. 38
London Gold £7 25 4d down 18. London Rubber 6 15/16 (Buyers) un- changed. 7 1/16 (Sellers) unchanged. Noon: 6 15/16 Market steady.
Liverpool Cotton 0.80 ap 3 pts. Liverpool Wheat 5/2% up
London Sliver Comment:-America And India bought. Speculators bought and sold. Market closed quietly steady. London Silver: Spot-22% unchang. ed. Forwards-22% unchanged.
L/N.Y. Cross: Open-4.32 5/10 down 5/16 11 a.m.-4.92 5/16. Noon-
qule.
Both spot and forward allver 4.92. 5/16. 1 p.m.-4.92 7/16. Market your own use at a vary moderate Ren-prices remained firm, closing prices on Saturday being 22% and 224;
L/Paris: Open-74 18. down ? pts, 11 a.m-74.15. Ne -74.15. 1 p.m.→→ 74.15,
Seattle
Semang
Nagusi
aksaplo
New York
Singapor
Elox
Oetky
bourabay
tal
Haiphon
Parti
STAVE
Kaniow Honolulu
Pelpilz
bydo!
Pentang
Zubolu
Rangoo
Lowho Lemlan
Badg
Freeleca
Teateis Tokra YANCOSTER Yokoham
Et descriplo
making and Exchan, BF Sales teamuscled. Loans granted as approva
durmat &couste oped in final
Currend
kad Fixed Depocits received for one your of La priods In Lecal and Foreign Currenales atarina which will be quased an "application.
hata Borous Loan To Con
KAN TONG PO. Chlef
Hug Root, La March, 1934.
anger,
THE BANK OF TAIWAN, LTD.
Head Office:~Talhoku, Formosa, Incorporated in Japan by Speciál Imperial Charter, 1890.
Inspection Cordially Invited.
|THE NATIONAL COMMERCIAL respectively.
Central Bank of Formosa, Notes '
innoed Average amount, Y.45,000,000|
Branches and Agencies. Japan:-Kobe, Drake, Tokyo, Yoko- hama, Keelung, Makong, Nanto, Shoka, Shinchiku, Taichu, Tainan, Taito, Takao, Tamsui, Toen, Karenko, Kagi, Helto, Gran China:-Amoy, Canton, Foochów, Hab-
kow, Shanghai, Swatow. Others: Bombay, Hong Kong, Löndun, New York, Singapore, Batavia, Samarang, Soerabaya, Dairan.
On and after April 20th, 1934, the tate of Interest on Special Current Deposit will be at 1% % p.a. on daily) balance and the rate for balance over $10,000 will be quoted on application:
Maximum rate-1%).
T. ORNO,
Hong Kong Branch
Manager.
3, Des Voeux. Road, Central,
THE YOKOHAMA SPECIE BANK LIMITED.
Established 1880
Capital (fully paid-up) Yen.100,000,000 Reserve Fund
Yen.124.250.000
Head Office:-YOKOHAMA
Branches and Agencies at:
Alexandria
Batavia
Berlin
Bombay
Calcutta
Canton
Dabren (Dainy)
Nagasaki Nagoya
New York Osaka Paris
Peiping Rangoon Fenation (Mukden) Rio Je Jeneiro Hamburg
Hankow
Harbin
Rong Kong. Honoluin Handing
Karachi
Robe
San Francisco Seattle Sentarang
Shangha Singapore Seerabayı Sydney
London Los Angeles Manila
Toky
Tingko
Inserat allowed on
Deposits récel
& SAVINGS BANK, LID.
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.$6,000,000.00
2,087,112.89 1,995,529.81
The London on New York cross- rate, which closed at £-U.S.$4.92%
on Friday, closed at 4-U.S.$1.924 REVOLVER RAID ON
while the New York on London rate closed at E-U.S.S4.90%, as compared with 9-U.S.34.92% on Friday.
LONDON SILVER MARKET
Prices Unchanged
London, Saturday. London silver prices to-day were unchanged, as follows:---
Oct, 5 Oct. 6. 22-% 22-
MONASTERY.
Monks Locked Up In Cell
THIEVES' HAUL OF RELIQUARIES
'Madrid.
Antamoks, 60 cts. n.
Balatocs, Ex. Div. $97 n. Baguio Gold, Ex Div. 48 cts: m. Benguet Consolidated 414
cts. I.
-Benguet Exploration 19 ets. n.
Benguet Goldfeld, 20 ̊cts. n. Big Wedge, 10 cts. n..
Gold Creek, 2 n.
Gold Rivers, 22 ets. b. Ipo Mining $2.
Itogans, $6.80 n.
Kailan 25/Il.
-Langkata (Single) Sh. $171⁄2 n.
Docks, etc.
H.K. Wharves, $107 b. H.K. Docks, $141⁄2 n. Providents (old), $1% n. Providents (new), $50 cts. n. Hongkews, (old). Sh. $310 p. New Engineerings, Sh. $4% n: S'hal Docks, Sh. $118.
Cotton, Mins.
Ewo Cottons, Sh. $9.80 n. S'hal Cottons (old). Sh. 575% S'hal Cottons (new), Sh. $44 Zoong Sings. Sh. 811 n. Wing On Textiles, Sh. $55 n.
Lands, Hotels, etc... H.K. and S, Hotels, $5,40 b. H.K. Lands $501⁄4” b. "H.K. Lands 1. Debentures 3
prem, a:
384
n.
Shanghai Lands, Sk. $2734 n. Metropolitan Landa, 8h. $14 m. Humphreys, $10 n.. H.K. Realties, $4% b. Asia Realties “A”, Sh. $140 n. Aula Réalties "Ah! -
Sh.420 D. Chinese Estates, $90, n. China Realties, Sh. $10 n. Debentures, $187 n.
Public Utilities,
H.K. Tramways, $19.80 sa Peak Trams (old), $14 B. * Peak Trams (new), $7 n.
A midnight raid on the Monas- tery of the Catholic King in Sa-Star Ferries, 98 n. ragossa was carried out recently by seven masked men armed with 22-revolvers.
The assailants, who The London on New York cross-escaped with £180 in cash and rate at closing to-day was US many valuable
gold objects, $4.92-7/16, as compared with broke into the monastery through U.S.$432-% at closing yesterday.a first-floor window, which they Our Own Correspondent.
BRANCHES:-
Amsterdam Antwerp Athina AMULO,
Gam
·CHargin
Milan Nice
Spot
}
Napion
Forward
HSTABE
Pirseys
Brale Bariim Babay
Hamburg
Paris
Harte
Fefpin,
Zalde bere
Palerms
Емпай Brusela
Enterlake
Relea
Bene
Cairo
Londeo
Slight
Calcula CANTHA Colombo Copenhagen Edinbergh
GHAYA
Liverpool
Southampton
Lucy
Bagaper
Lugano
Itently
LuYoe
Tacroles
Marvellan
Monte Carlo Manila
Vande
Zurich
Munich
Koulus
All classes of Commercial Binding] Transactions undertaken.
reached by a portable ladder.
After cutting the telephone AMERICA'S STEEL INGOT
wires and the bell rope to pre OUTPUT DECLINES vent the alarm being given, they broke into the first cell they New York, Saturday-The Sep-came across. Branches of American Exprais Com-tember steel ingot production in the Then, brandishing revolvers, pany in Principal cities of United United States was 1,251,580 fons, they forced the occupant, a no- Btates of Americs and Cartadi.
as against 1,868,359 tons in August vice. named Lucio Guinda to and 2,288,079 tons in September last load them to the cells of the United Press, per 8. E. Levy Father Superior, the Procurateur and Company.
and the Rector, who were corn pelled to hand over all their money.
Typhoon Afterwards they rounded up fall the monks, and after seaching The Yellow River near Yungchi them all in one room while they their cells for money, locked in Shantung has overflowed its searched the museum, seizing all banks and is reported to have in the gold reliquaries and religious undated five large villages.
objects on exhibit. They then
Personal Investment accounts bandied.
The Company offers to intending Travellers the use of its "Travalara||| Cheques", and Letters of Credit and,
In addition, the world-wide services its thoroughly equipped Travel De
pastment.
O, E. BENSON,
General Manager,
THE WING ON BANK, LTD. RONG RONG
Authorised Capital $10,000,000 Foreign Exchange and Banking Business of overy description transact- éd.
Current Accounts, opened and Fird Deposits received for one year it, shop ter period at rates which will be quot led on application.
Safe Deposit Boxes (various aizes) for hire.S
„PHILIP GÓCKCHIN
Makan Chief Manager istio
E. GOCKCHIN T
Asistant Mandrer
SHANGTUNG VILLAGES
INUNDATED
A silver mine is reported to have fled by way of the window been discovered to the north east through which they had entered. of Taunhwa Halen, to the eat of Two Men Arrested Malanyu, on this side of the Great One of the monks succeeded in Wall The magistrate of the Tsien freeing his companions by un has reported the discovery of the screwing the huge bolts fasten- mine to the Peking'abthorities.
ing the door of their temporary prison to its hinges. The alarm was given by a monk who rushed out to the Civil Guard Headquar ters Two, suspects were later arrested in connection with the |raide
THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED
(Incorporated in China)
The assault coincides with the ban on the political activities of boys and girls nider age. The membership of both Socialist and ght Wing you Associations
WALL STREET
RULES QUIET
BUT UNSTEADY
NEW ADVERTISEMENTS
·BANK ́ ́HOLIDAY,
Further Advance. N Accordance with Government
Anticipated
TRADERS STILL CAUTIOUS
New York, Saturday.
Ordinance, the EXCHANGE BANKS will be CLOSED for the Transaction of Public Business on WEDNESDAY, 10th October, 1984 (The Anniversary of the Chinese Republic)
THE HONG KONG JOCKEY CLUB
Wall Street,is quiet, but unsteady, Hong Kong, 8th October, 1034. with minor fractional gains predo- minating: Some extension of yes- terday's advance is generally anti cipated. At the same time, traders are not inclined to follow advances and are acting with great caution; awaiting developments.
Favourable factors prior to the NINTH EXTRA RACE MEET- opening of the market were:
ING, to be held on SATURDAY,
RAFT PROGRAMMES
DENTRY FORMS
and
for the
1. Increased activity on the ad-the 20th October. 1934 (Weather
.vance,
permitting), may be obtained at the
2. The rally in the grain markets Is Secretary's Office, Gloucester Build-
bolstering sentiment,
Ing; the Club House, Happy Valley;
3. The small rise In Stock Exchange the Hong Kong Club; the Sports short interest which on Septem- Club; and the Stables, Shan Kwor ber 29 totalled $69,000 shares, Road, an increase of 42,000 shares L compared with the position, on August 31..
The persistent decline in brok- ers' loans suggest that the mar ket is in a stronger situation than has been generally suspect ed.
An unfavourable factor was that
public participation continues to be at a low job-United Press, per S. E. Levy and Company.
MIXED FEELING ON WALL STREET Spanish Turmoil Causes Discouragement
SPECIAL TO CHINA MAIL.
Entries close at 12 O'clock NOON on THURSDAY. the 11th October, 1934.
By Order,
C. B. BROWN,
Secretary.
Hong Kong, 8th Oct., 1994.
BROKERS DISPLAY
OPTIMISM
Sustained Advance Expected
RETAIL SALES INCREASE
SPECIAL TO CHINA HAR (By Telegraph, Copyright, Telaga- phio Messages Ordinance, 1885, Be-
By Telegraph, Copyright, Telegrrived October 6, 7.40 am.) phic Message Ordinance, 1806. R ceived October 8, 7.37 0.11.)
New York, Saturday. Brokers expect a sustained ad- vance, interrupted by technical re- actions.
New York, To-day, Market sentiment was mixed on Saturday. Favourable factors were day were that Federal Housing Favourable market factors to- that the investment demand is in-programme loans are 40 per cent. creasing for dividend stocks, that above last week, stimulating the n.[coal shipments are
reported to be earnings of building supply com increasing, and the strength of panies, and that 12 chainstores bonds.
show September sales totalling Unfavourable factors were that 0.5 percent. above September inst the Youngstown steel production year.
Yaumati Ferries $214. C. Lights (old), $8.65 b. C Lights (new), $8:40 n. H.K. Eleittima, $701⁄4n, Macao Electrics, $25. n. Sandakan Light, $8 Telephone (d), $23.85 h Telephone (new), $10.90 China Buses Sh. 13.20 D. Singapore Tractions, 4/9 b. Singapore Pref, $18 h.
Industrials. Malabon Sugars, $8.70 n. Cold: Maeg (ord.), Sh. $21 n, Cold: Macg. (Pret.), Sh. $20 n. 'Canton Ice, $21⁄2" n..
Cements, $2.35 n.
HK. Ropes, $31⁄4 n.
A Stores, etc. Dairy Farms $23.80 n. Watsons, $5,60 h. Der A Wings, $1 n. Lane, Orawfords, $4.15 0. Mackintoshs, $21 n. Sinceres, $10 m.-- Wm. Powells, 70 cts. Wing On (K.); 110 n.
Miscellaneous,
เ
has declined, the turmoil in Spain. An unfavourable factor was that the continued dullness of the mar-the car loadings' gain is below ket, and the uncertain outlook of seasonal-United Press per 9; EX. the railroads-United Press, per Levy and Company.
S. E. Levy and Company,
RAW RUBBER PRICES
H.K. Amusemente, $4 d. Entertainments, 373% n S.C. Enterprises, $1.80 United Theatres, Sh. $14 n.. Macao Greyhounda,”$2ch. Constructions (old), (31,80 n. 2. Constructions (new); 13 cts. b. Ch: Govt: 5% 1925 G$B¢ ̈87%n;} H.K. Govt 4% Loan 8% prem. 1.
H.K. Govt. 3 Loàn 3% 1. Wallace Harpera, $71⁄2 n. Salacot Mining, 16 ets. .
U.S. SHORT INTEREST HOLDINGS UP
Latest Quotations From
Singapore
Messrs. H. B. Joseph & Co. have received the following Straita Cur-j reacy quotations (Buyers) from Singapore for Raw Rubber::
Jan./Mar.... 25% Up % April/June 26% Up % Market: Steady.-
SHARP DROP IN DETROIT EMPLOYMENT
Detroit, Saturday-The_Detroit chployment index on September 30|
. GASOLINE PRICE WAR
ANTICIPATED
comptes continue to elash Chicago, Saturday: Independent gasoline prices, indicating a fath coming price war-United Press, per 8. E. Levy & Co.
ELECTRIC LIGHT COMPANY
REDUCES DIVIDEND
New York. Saturday-The Edison Illuminating Company of Boston bas declared a quarterly, dividend of U.8. $2, as against US$2.50 for the previous quarter-United Press,, par 8. E. Levy and Company.
was 64.2, as tgainst 70.8 on Septom Is It Insured? ?
bet 15 and 0.8 on September :80) last year. United Press, per S. E Lovy and Company.
UNITED STATES COPPER
PRICE THREATENED
Insurance All - Claraed
- LOWEST RATES
American Asiátic Underwriters
Red Ine, USA; General Agents.~:
New York, Saturday-The AmeriHead diabe ca's domestic aine cent topper price
Shanghai
is believed to be endangered une to 17, The Bend weakness on the European market: -United Press. per 8. E. Levy, and Company.
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
GOR SPONDENTS FOR WHITE" WELD & CO. NEW YORK
ICE ROBE STREET, HONG KONG
80101 and 80108
Asia Lite Bufiding Tel. 30124
Jelco
-LI SHULTONE!