BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Kékoriand Capital
. $50,000,000
Iwed and Pilly Pallup nummer 20,000,000
Berra Funds -
Berling
2 1,000,000 8ED0,000
Besarts Liablity of Fropriators
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1858.
HEAD OFFICE: LONDON
Paid-up Capital Reserve Fand
Reserve Liability of Pro-
prietors
$20,000,000
HEAD OFFICE: MONGKONG,
BOARD OF DIRECTORS. Hom. Me. 6. O. E. Mackie
Chairman
15. I. well. Exy.
Deputy Chal
Hon Mr... Bell,
* E. Cocopion, 28g.
1.7, Korwink
3. D. Kaight, E
AMOY
MANGKUK
BATAVIA
ROMDAY
DALOUTTA
V. M. Oraybars, Bog.
Chini Manager.
BRANDLING:-
LAINDON
LYONS
MALACCA
MANILA
MUA (Johor)
Halpen Hazarang
Foreign Exchange and Demari Banking business transacted.
THE CHINA MAIL, MONDAY, JANUARY 14, 1935
EXCHANGES.
Commerce and Finance..
TO-DAY'S QUOTATIONS.
Credits 4 months' sight..1/93%
FINANCIAL AID FOR CANTON MERCHANTS
Tiding Over Present Crisis
KWANGTUNG PROVINCIAL BANK TO THE RESCUE
23,000,000 .£3,000,000
63,000,000 On London---
Agencies and Branches:
Aloe Bar
Jallo
Rangoon
Ipak
Bangini
Kanchi
On T.T. and demand....1/83⁄41⁄4 4 monhts' sight
.... 1/834
0. Miskin, Esq.
Batayin
Xiang
A. S. Morrison, Rog
Boca bay
Tobe
Berambia Blogba
T.E
Ires
Calouste
Kunis
Gloga pore
Cagion
Empor
On Shanghai----
Cawnporn
Kushing
Beanbags
Daba
Kadra
Talping
On demand
121
Colombe
Manlia
Theads
Mada
Tongkah
On Singapore-m
Haiphong
New York
(Bhukar)
Hambari
Palplas
Taingia
On demand
73%
Bankow
(Polding)
Tokohama
flarbla
Tesank
..Zazaboanga
On Japan
On demand
14814
[From Our Own Correspondent)
Canton, Saturday.
On India-
On T.T. and demand
114%
On New York-
On demand
42%
Credits 60 days' aight
.4834
On Batavia-
On demand
62%
On Paris--
On demand
640
Credits 4 months' aight.. 670
On Saigon--
On demand
64
84%
107%
CANTON
MUKDEN
OHRFOD COLOMBO
NEW YORK
PRIPING
DAIREN
2000EGW
KAIPHONG
HAMBURG MANKOW HARBIN BONGLEW
ILOILO
ΠΡΟΣ
JOHO
KOBE
KOWLOON
PENAXO
BANGUN
BAIGON
BAN FRANC1800
KUALA LUMPUR
SHANGHAI
KINDAPORE
BUNUEI PATANI
TIESTHIN
18/NOTAQ
EDURADAYA
TOKYO
YOKOHAMA
Current Accounts opened in Local Currency
cized Deponite reomited for one CADE
aksesar periode in Local Company and
a sermon which will be quoted an appleton. Hong Kong, I april, 100,
HONG KONG SAVINGS BANK,
Carracce opened and Pized Depolis modital for one year or shorter perioda si ester which will be quoted on sppliesiion.
A. BREARLEY.
Manager, Hong Kong, 1st. January, 1885.
SAFETY FIRST I
To Safeguard Your Valuables and Jowelleries. Deposit them in a Vault
that is really: FIRE PROOF BURGLAR PROOF DAMP-PROOF!
OUR SAFE DEPOSIT VAULT located on the Meaxanine Floor of Our New building is Specially Con- Sr the HONG KONG AND SANDHA structed to provide all of these Im
[portant Qualities,
The Boulon of the above Bank is modest- ANKING COLPURATION. Bules may be plained on application.
FOR THE HONG KORO AND HANOHAJ BANKING CORPORATION
V. M. GHATBUAN,
- Chief Manager.
Hong Kong, th February, 1904.
THE BANK OF EAST ASIA, LTD.
Palup Capit
Kovozve and Undivided Prafie
Ko
$186,800.00 1,528,500,00 F7,434,900.00
HEAD OFFICE-HONG XOXO
Fa Tos,
22, Das Vous Blood Central
BOLED OF DIRECTORS |-
Br Bhoy som "Chow, Chal
Chua, Esq., 2. K. Kwok. Let Wong eg, Chan Ching Bhak, Ey Li Lan
MORE Erg, Wang Chu Boa, Fag, and kn Ting
Xas Troy Po, Eng, Chief Has
El The Voug. Eng Manager.
BRANCHES AND ADENÚIES-
Bagges
Bourabaja Bwaly by dusj
33
Brattis
Melbourne
Bamanag
Bombay Calvatia Besion Haiphong Hankow Emotule
Nigusli
Bbanghel
New York
Graka Parlo Felping Репли
Kowloom Jacdon
Balgoo
San Francisco
Kangas
Talbot
Timela
Take!
Tabebu
Totokame
You may obtain a Safe Deposit Bex in this most up-to-date Vault for your own are at a very moderate Ban
ital.
Inspection Cordially Invited. THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeux Road, Central
On Manila-
On demand
On Bangkok--
On demand
Sovereigns bank buying rate 1/9% Bar Silver per oz. 24 7/16 Bar silver in Hong Kong ..nom. Copper cash Copper cents
..nominal 1% prem. Rate of native intereat ..3% pa. Chinese sub coin.....27% dis. Hong Kong sub, coin.
............. par.
SHARE MARKET
The Official Summary of the Hong Kong Stock Exchange issued
THE BANK OF CANTON, LTD. on Saturday at 12.30 p.m.
Established 1912
Head Ofce-Heng Kong
Authorised Capital
Paid-up Capital
Up to to-day the Kwangtung Pro vincial Bank has received. 27 ap-: plications from merchants for trade loans. A decision will be made on January 15.
Loans will be advanced on the securlly of the goods of the ap-. plicants, and the requirements, it is understood, are not so strict 8B those of ordinary banks, as the ob jeet is to grant every facility to bona fide merchants who need money to tide them over the finan- cial situation.
Those merchants who have no movable goods to pledge can mort- gage their real estate to the Kwangtung Bank, provided the land is registered with the Municipal Bureau of Lands. Even land on the outskirts of the city can be mortgaged, provided they are regis- tered.
These loans will bear interest of not more than 12 per cent. Before the loans are granted, there will be an assessment of the value of the property. However, the Provincial Bank promises to use all speed in this investigation.
STRINGENCY CAUSES ANXIETY
Chinese merchants are troubled by the financial stringency, BS DO- counts have to be settled before Interest in Manila stocks was maintained, but there appears to be Chinese New Year, on February 4. $11,000,000 a dearth of available shares. China There is not much confidence among 8,055,000 Lights were dealt in at $10.30, mercantile circles, and a merchant 82,170,498 Branches: Canton, Tolehan, Shanghai, Unions at 3500 and Kowloon Whar with $100 capital can do business ves at $111 and Land Debentures at for that amount, wherean in pre- Hankow, Bangkok & San Francisco, Landon Bankers: Lloyds Bank, Ltd., $100/101. Lands have given wayvious years he could do five times
Foreign Exchange and Banking further and are on offer at $52 as much. business of every discription' „tranand H. K. Banks were offering at acted
Total Resourcen
Current Accounts opened and Fixed $1615.
Deposits, recetred for
one year or
|H.K. Banks $1615 s.
shorter periods at rates which will be Union Insurances $495 b. quoted on application.
Safe Deposit Boxes (various sizes)
Every desorption of Banking and Exchange, bales transacted. Lowes granted appro* fer hire.
D
Current Accostata, opened in Local CurrREG and Fixed Deponite revered for on year shorter periods in Local and Foreign Currencies
serm which will be quoted on application. Bad Deposit Boxes To Lat.
KAN TONG no.
Bos Log, at March, 1994,
Chief Manger.
THE BANK OF TAIWAN, LTD.|
Head Office:---Taikoku, Fornssa, Incorporated in Japan by Special Imperial Charter, 1899.
Central Bank of Formosa, Notes
issued Average amount Y.45,000,000
Branches and Agencies.
Jaban:-Kobe, Osaka, Tokyo, Yoko- hama, Keelung, Makong Nanto, Shoka, Shinchiku, Taichu, Tainan, Taito, Takao, Tamaui, Toon, Karenko. Kagi, Helto, Giran. China-Amoy, Canton, Foochow, Han
kow, Shanghai, Swatow.
Others: Bombay, Hong Kong, London. New York, Singapore, Batavia, Samarang, Soerabaya," Dairen. On and after April 20th, 1084, the rate of Interest on Special Current Deposit will be at 1% pa. on daily) balance and the rate for balance over $10,000 will be quoted on application
Maximum rate-1%).
T. OHNO,
Masager.
Bong Kong Branch
3. Des Voeux. Read, Central.
THE YOKOHAMA SPECIE BANK 'LIMITED.
Established 1880.............
LOOK POONG SHAW,
THR
Ulded Manager.
Underwriters $14 b. H.K. Fires $235 9.
Antamoks 86 cts, b; 89 cts. 62. Balatocs $38 b.
Baguio Gold 36 cts. b. Benguet Exploration 18 cts. e3. Gold River 221⁄2 cta. b.
AMERICAN EXPRESS COMPANY, Wharves $113 b.; $111 sa.
INC.
Head Office: 65, Broadway, New York
Capital Surplus
Reserves
‚U.S.$8,000,000.00
2,087,112.69 1,995,528.31
مداري
[ Naples
Pirkaus Parin Peipin Palermo. Roterdam BENI
BRANCHES:-
Amster
glucos
Antwerp
Flo
Atkan
AURA
Heate
Berlic
Bombay
Pracson
Frumala
Cairo
Calesila
Havana Hamburg HAVTE Kaldelberg Interiske Foruralam Tenden Thearpool
Lucerna
Lugate
Mupor Teofila
Lukor
J
Marseillas
Monte Carle
Henlla
Munich
Cantee Colombe Copantaran I'oblio
Edinborch ". Fincaz Genera
Shangh
Berthaples
Tansmiss
Viazne Venice
Yokohama Yurich
Branches of American Express Com-
Ewo Cottons Sh.$8.90 b,
Hotels $5.20. B.
H.K. Lands $52 s.
H.K. Lands 4% Debentures 1004 b;
100/101 84
Humphreys 89% 8.
Realties $5.10 b.; $5.10 sa.
H.K. Trams $201⁄2 sa. Peak Trams (old) $12 s. [China Lights $10.30 b.
Electrica $72 b; $73 s.. Telephones (old) $251⁄4 9. H.K. Ropes $.90 »: Watsons $5 s. Constructions (old) $2 s. Constructions (new) 70 ets. s. Govt. 4% Loan 8% Prem. b. Govt. 8% Loan 2% Prem, b.
The Municipal Bureau of Landa, is facilitating mortgages and other assigaments of real property, no that those requiring loans badly may receive the money immediately! upon securing a guarantor. In the past, registration of mortgages and other assignments required much
time and routine, thus delaying the passing of the money.
LOCAL SHARES,
TO-DAY'S QUOTATIONE."
The following in the list of local share quotations issued: to-day::
Banks,
H.K. Bank $1815/12 20 H.K. Bank (London) $188 n. Chartered Bank £10% n. 27.
Mercantile Bank, A & B. £82. Mercantile Bank C, 418% n. Bank of East Asia $90 n. Am: 0. Finance Corp., Sh. 120 China 0. Fin. Ord., Sh. 81.80 n. China 0. Fin. Pref Sh. 84% n.
...Insurances.
Canton Ins. $275 . Union Ins. $500 sa, China Underwriter $14 b. China Fire Ins. $520 n. H.K. Fire Ina, $286 n. International Assce. Sh. $5 n. Shipping.
Douglases, $40 n. H.K: Steamboats; 171⁄4 n. Indo-Chinas ́(Prof.), 380 n.'
· Indo-Chinam (Def.), $38 n.
· Shella (Bearer) 48/41⁄2 n. Union Waterboats 18% n.
Mining.
Antamoks 88 ets. b., 89 cts..sa. Balatocs.$88 b.
Baguio Gold 36 cta. b.. Benguet Consolidated $144.n. Benguet Exploration: 18 cts. n. Benguet Goldfield, 10 eta. n. Big Wedge, 10 cts. n. Gold Creek 38 etsin. Gold Rivers 221⁄2 n. Ipo Mining $1 n. Itogans 42 cts. n. Salacots 16 cts. n. Kailan 19/- n.
Langkata (Single) Sh. $15 n. S'hal Exploration Sh. $5 n.
'hai Loans, Sh. 8 n Rauba $9% n. Venz; Goldfield $5 n. Docks, etc.
H.K. Wharves $111 n. H.K. Docks $111⁄2 sa. Providents (old) $1.40 sa, Providents (new), 60 eta, n. Hongkewe, Sh. $309 n. New Engineerings, Sh. $5% n. S'hal Docks, Sh. $120 n.
Cotton Milla. Ewo Cottons Sh. $8.90 n. S'hal Cotton (old) $74 n. S'hat Cottons (new), $44% n. Zoong Sings, Sh. $0.40 n. Wing On Textiles, Sh. $55 n.
Lands, Hotels, etc.
H.K. and S. Hotels $5.20 n. H.K. Lands $52 8. H.K. Land 4% Debentures 100%
b., $101 sa. Shanghai Lands 8h. $2434 n. Metropolitan Lands Sh. $1220 Humphreys $91% ni H.K. Realties $5.10 b.
LOCAL DOLLAR STEADY
Silver Prices Unchanged
The local dollar remains steady,
NEW ADVERTISEMENTS.
opening on demand this morning al W
NOTICE.
TITH reference to Mr. R. K Batchelor's appointment as 1/84.
Spot and forward aliver prices Manufacturers Life Insurance Co. District Manager in Canton, The
were also steady, being quoted at beg to advise that Mr. V. E. 24 7/16 and 24 9/16, respectively. FERRIER will still remain an
The London on New York cross-agent of the Company in Canton → rate was quote at -U.S.64.904 and look after the interests of our as compared with U.S.84.91%.
present policyholders and friends. **
E. J. R. MITCHELL, -Manager for South China,
The New York on London rate was quoted at US$4.90%, 08. compared with £-U.S.$4.90%."
RAW RUBBER PRICES
Latest Quotations From Singapore
Messrs. II. B. Joseph & Co. have
PUBLIC AUCTIONS
THE Undersigned have received!
Auction
Tinstructions to sell by Pablle
ON
received the following Straits Cur-Thursday, the 17th. January, 1935
rency quotations
(Buyers) from
Singapore for Raw Rubber:
Spot 21% down %. April-June 24 down %. July-September 25% down. Market:-Quiet.
OBITUARY
17-year-old Portuguese
Girl
MISS I, M. MARQUES
commencing at 2.80 p.m.
at their Sales Room,
Duddell Street
A Quantity of
VALUABLE HOUSEHOLD
comprising
FURNITURE
.
Chesterfield couches and arm- chairs, Teak wardrobes with be Ivelled mirrors, Teak dressing tables, Teak batstands, Teak office desks, Teak and glass cabinets. Teak Dining tables, Teak and cane i seat chairs, Teak filing cabinets. Teak ice chests; Book cases, etc.. Jetc.
Silver ware, Cutlery, Ornaments, The funeral of Mise Isaura Maria Clocks; Tea sets, Crockery, Glass Marques, the 17-year-old daughter]ware, Gramaphones and records, of Mr. and Mrs. C. P. Marques, who Pictures, Linen; Carpets, Opium Typewriters, Medicine died at her residence, No. 304 Nathan Road, took place on Satur-cheats, Radiators, Marble statue, Bronze ware, Filter, Rattan chairs, day at the Roman Catholic
Iron beds, Flower pots, etc., etc. Cemetery, Happy Valley,
also
The Rev. Father Rossi officiated.
present Among those
were Messrs. J. D. and L J. Marques
(uncles). E. M., A, E, Y., and R. Marques, B. Gosano, A. V. Gosano, D. J. Lopes, A. Rodrigues, · F. Remedios, J. E. Rocha, M. Silva, L. Silva, A. E. Xavier, C. Cunha, V. Prata, M. Medina, C. Vas, M. P Remedios, A. Antonio, H. Botelho, F.A. Rozário, Baptista, A. Brown, Sisters and pupils of St. Mary's School.
A.
M. F.
stocis,
A Quantity of Blackwood ware and 2 Piano players 1 Sewing machine
2 Frigidaires
•2 Radio Bets
2 Radio Gramaphones
On view from Wednesday, the 18th, January, 1935.
Terms: Cash on Delivery.
LAMMERT BROS.,
Auctioneers.
Wreaths were sent by the father, Hong Kong, 14th January, 1984. mother and brother, Gracina, Julita and Celeste Fuertes, Edo, Alina, Tony and Reggie, Marichang and Sammy, Roberto, Bertha and Patsy, Gulda and Olivia, Godmother, Meme Auction and Lalita, Betty, Fanny, Alice;
THE
THE Undersigned have received instructions to sell by Public
ON
Asia Realtles A, Sh. $100. n. Hilda and Alda, Uncle Jose and FRIDAY, the 18th January, 1935,
Ásia Realties "E" Sh.$20 n.
Chinese Estates 188 n.
China Realties, Sh. $121⁄44 n.
MANCHESTER MARKET China Debentures Sh.$123 n.
REPORT
More Cheerful Tone Noticeable
Manchester, December 12... Messrs. Jamed F. Hutton and Co». [Ltd., report:--
The Bureau Report lasued on Saturday afternoon proved to be in a line with expectations. The off- cial returns
gave 9,030,000 bales ginned to date and an estimated The crop of 9,731,000 bales. acresge for harvest was returned at [27,516,000 with a yield per acre of 169.2 lbs. The figures had little or no efect on cotton prices either at New York or Liverpool, and it is
pany in Principal cities of United THE CHINA & SOUTH SEA BANK, not expected that the basis' quoted
States of America and Canada.
All classes of Commercial Banking Transactions undertaken.
Personal handled.
LIMITED:
(Incorporated in China)
Head Office.Shanghal Capital
..$7,500,000.00
investment accounta
Reserve Branches
$1,500,000.00
by American shippers will be any easier.
Prices have tended to harden since Monday's reopening, and the tone of the cloth and yarn market
All Important Cities has been more cheerful There has
In China
Foreign Exchange and General been a fair amount of enquiry to The Company offers to intending Banking Business transacted.my hand and demand has shown signs Travellers the use of its avaler Current and Saving Accounts opened of broadening. Capital (fully paid-up) Ten.100,000,000 in addition, the world-wide services year or shorter periods at rates which varied. Fair quantities of white Cheques" and Letters of Credit and, and Fixed Deposits received for one Beverve Fund Yen 124,250,000 of ita thoroughly equipped Travel De will be quoted on application.
Ojaka
Head Office:YOKOHAMĄ Branches and Agencies ́al:
Alexandria
Batavia
Nagasaki Nagoya
Berlin
New York
Bombay
Calcutta
Canton
Dairen (Dalny)
Rangeon
Hamburg
Hankow
Harbin
Fengtien (Makion)
Hong Kong
Bonolulu
Heinking
Karachi
Koba
Barls Peiping
Rio de Janeiro San Francisco Seattle
Semarang
Shangha Singapore Soerabaya
Sydney Tientsin
London
Tokyo
Los Angeles.
Manila
Taingtão Zugkom.
partment
E. W. DUGGAN,
Manager
THE WING ON BANK, LTD. FONG TONG
Authorised Capital: $10,000,000
SOU Z CHANG, Salons Manager. HONG KONG BRANCH: Bes 24, Des Voeux Road, Central, -Manager's Office Tel, 88585
Foreign Exchange Dept. General Omice Cashier's Office
88567
82569
Foreign Exchange and Bank Business of every description wänsact
THE SHANGHAI COMMERCIAL
NGS BANK
Chins
Current Accounts, opened, Deposits received at special rates, Fixed Deposits received for one or shorter period st rates which
bo quoted on appllestim
Bafe Deposit Boxes (various! Als for hire,page
WRAWA PHILIP GOCKCHIŃ
GOCKCHIN "Aaristant Manager
-
*LI BET PONG
Indian enquiry has been well
j
Public Ullities. H.M. Tramways $20.40 b. Peak Trams (old) $114 s... Peak Trams (new), 87 n... Star Ferries 8100 n. Yaumati Ferries $22 n. C. Light $10.30 . H.K. Electrics $72 b., $78 s. Macao Electrics, 825 n Sandakan Lights 18 n. Telephone, (old) $25 a. Telephone (new) $111⁄2 n. China Butes Sh. $14.40 n. Singapore Tractions 6/- n. Singapore Pret. 917/9 n.
*Industrials
Malabon Sugars, 18.70 n.
·Cald: Mecg, (Ord), Sh, 120 n. Cald: Macg, (Prof.) Sh$19% n Canton Icea $2.85 n Cementa $1.90 m. H.K. Ropes $3.90 #.
Stores. etc.
Dairy Farms $24% n. Watsons $58. -- Lane, Crawfords $8.75 n. Mackintoshs, $21 n. Sinceres $8
wm. Powells, To ets. n. Wing On (H.K.) (105 m.
Miscellaneous,
Entertainment, $7%1⁄2 n. H.K. Amusements $1.88 n.
S.C. Enterprises $1.85 n Macho "Greyhounds,” $2 n. Constructions (old) $2 8:"- Constructions (new) 70 cts, s. Vibro Piling $6.80 m + Ch. Govt. 5% 1925 G3Bds-92%
nu
yard dhooties have been placed for Calcutta, and the undercurrent of demand for mulls, nainsooks and other light styles for both Calcutta and Karachi has been much better. Offers for dhooties, light whites and fancles continue to be received from Madras and Bombay, and although many of them are too far out for consideration, the outlook has im- - HK. Govt 34% + Loan 2% proved.
Fancies For Shanghai
While demand from China is
H.K. Govt. 4% Loan, 8% prem
prem. b. Wallace Harpers 17%
slow further moderate lots of a moderate business with the fancles have been placed for Bhang-Dominions has developed in twills, hal and business has also been drills and dress goods. mentioned in fine goods and fancies New offers have been for Singapore. Rangoon has also for printaand dyed goo Itake
sses of fine goods. South America chiedy:
of and, several are unders
Aunti Elvira, A. P. Sousa, Julio
commencing at 10.30 am.
Bilva and brothers, Capt. and Mrs. at No. 39, Humphreys Building,
C. Campbell, Mr. and Mrs. F. A. Rosario, Maxwell and family, Mr. arde Mrs. C. V. Marques, Eddi Marques, Mr. and Mrs. L. E Guterres and family, Mr. and Mrs L A. Peres, C. M. Rewe and son, Mrs. A. E. Matthews and family, Mr. and Mrs. E. M. Rocha, Marle Cordeiro and others.
COASTWISE
by
"ALGIE" BENNETT.
An interesting book of Cartoons depicting "Happenings" on the China Coast.
PRICE $1.00.
Now on sale at
The Newspaper Enterprise Ltd.
China Mail Buliding.
Kowloon,
A Quantity of VALUABLE HOUSEHOLD
FURNITURE -
On view from Thursday the 17th January, 1935.
Terms: Cash on Delivery.
LAMMERT BROS,
Auctioneers.
Hong Kong, 14th January, 1984.
Its. It. Insured? ?
Insurance All Classes LOWEST RATES
American Asiatic Underwriters
Fed. Inc., USA. General Agents
Head Office
17, The Bund
Shinghal
S. E. Levy & Co.
UNDERWEITERS AND DISTRIBUTORS.
SECURITIES AND COMMODITIES BOUGHT AND SOLD ON COMMISSION
DAILY NEW YORK STOCK AND
COMMODITY SERVICE
femibérat
NEW YORK COTTON, EXCHANGE
EXCHANGE INC
CANA
ARD OF TRADE
DITY EXCHANGE, INC
ENTS FOR
WHITE
7 ICE HOU
CO NEW YORK
TREET HONG KONG
TA: 30101 21: 801
Tel Address
H.. Offee
Asia Life
Building
Tel, 30234