BANKS
HONG KONG AND SHANGHAI Į THE CHARTERED BANK OF
BANKING CORPORATION.
30,000,000
Authorised Cepliat 50.000.000 Mood and Fully Pald-up Boomera Vupku 5--
£1,500,000
Khatting recor Silver "agment $10,000,000
Boserra Lilläty of Proprietors.$30,000,
RZID OFFICE ;; KUNGKONG,
BARD OF DIRECTORS. Hon. Mr. 0. G. 1. Kaokla Chairman,
8. H. Dodwell E-4.
Deyeży Chairman. }
Woo]Mr.§. I._Bell, He Compton, Eng W. J. Keswick, Lag 2. Q. Knight, Keg."'
AHOT
V. M. Grayburn, Laq.
Chief Manage.
BRANQUEL ---
LONDON
INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1858.
HEAD OFFICE: LONDON
Paid-up Capital
Reserve Fund
Reserve Liability of Pro ...prietors
.£8,000,000 £8,000,000
THE CHINA MAIL,
TRADING SMALL ON WALL STREET
ADA DAY, JANUARY 25, 1935 Commerce and Finance.
LOCAL DOLLAR STEADY
LOCAL SHARES.
TO-DAY'S QUOTATIONS.
Rubber Should Be Lower
MARKET COMMENT
NEW ADVERTISEMENTS
· PUBLIC AUCTIONS
Undersigned have received Tinstructions to sell by Pablis
THE "STAR" FERRY COMPANY, Auction
LIMITED.
NOTICE TO SHAREHOLDERS.
28.000.000 Silver Prices Unchanged The following is the list of local provement, and trading is expected will be held at the Office Messrs.
Agencies and Branches:
Alor Star
follo
Rangoo
Aar
Ipak
Balgon
Bangkok
Karnokl
Samaraxy
G. Miklu, Erg.
Batavia
Klang
Beremban
K, 8. Korrison, Pet
Bombay
Kobe
Abangbal
T. E. Por, Reg.
Calouste
Xuala
Kingspor
Canton
-Lumpur
SHILAWAD
Cawnpor
Kuching
Boutabaye
Cabu
Madras
Taiping
Colombe
Manila
Tissio
Delki
Medsa
Toukkah
Hadphon
New York
(Broker)
Flamburi
Peiping
Tsingtao
Fachow
(Poking)
LYONG
Farbla
MALACOA
MANILA
MUA (Johor)
HUNDEN
ONEFOS
NEW YORK
COLOMBO
PRIPING
DAIREN
FOOCHOW
KAIPHONG
MAMBUNG
MANKOW
HARBIN
BANG XOR
BATAVIA..
BOMBAY VALCUTT CANTON
KONGREW
IPH
PENAKO RAKOOTIN
BAN FRANCISCO
ILOILO
JOHOR
ROBE
KOWLOOX
MALOON
KUALA LUMPUR
SHANGHAT
BINGAPORE
BUFGE! PATANI
TIENTSIN
TOKYO
BOURADATA
TKIXOTAQ YOKOHAMA
Current outs opened is Local Curmasy and Fixed Depostia Frostved for one gene or shorter periods in Laoat Company and Barlog kerms which will be quoted en applicaties, Hong Kong 18th Aprli, 3984.
HONG KONG SAVINGS BANK.
The Bus of the above Bank is vendusi. by the HONG KONG AND SHANGHAI BANKING CORPORATION. Bulan m stalne za application.
FOR THE LONG KONO AND LILANGBAI MASHING CORPORATION
V. M. GRAYZAN,
Chief Manage
Hong Kong, Pubruary, 1964.
THE BANK OF EAST ASIA, LTD.
Authorloed Capital anas $10,000,000,00
Paid-up Capital
Beserve and Undivided Prodie #2,434,200.00
HEAD OFFICE :-HONG KONG
13, Da Van Fload Cantr
"ACARD OF MAECTORS—
Sir Blouson Chow, Chaizumu.
Loca Chau Eq. P. R. Kwok, Ewq. Woug Is Toug. Erg Chan Ching bek, Esq., Là Lau
Bang E, Wong Chis Son, Lay, and Kaz Yog
03
Bombay
Som
Kan Tong Yo, Faq.. Cat Manager,
In the four. Ey.. kiszagor.
BRANCHES AND AGENCIES:
· Alazila *.
Sel
Sugaraki
New York
Beater
Brake
Karla
bemazang Bangla Singapore Bourelaga bwscow
l'epid
Kowloon
Landoa
-Yeung
Kirg zeiton SEG YANGILOG
Biboku
Twentsin
Tukyo
Yanoogaw
Yokokame
Kalphons Hankom Besolutu Kobe
YDROX
Tokohama Zamboang
Forsira Exchange and Desseal Banking-burizam
tranencial.
Darrel Asedanta opened and Firad Deposit moalted be one your or shortze periods 1) mis which will be quoted en application.
A. BREARLEY.
Manager. Hong Kong, 1st. January, 1935.
SAFETY FIRST !
To Safeguard Your Valuables and. Jewelleries. Deposit them in a Vault that is really: FIRE-PROOF BURGLAR - PROOF
DAMP PROOF!
The local dollar is steady, opening on demand this morning at 1/94.
Spot and forward silver prices, unchanged, being were also quoted at 24% and 24%, respec- tively,
The London on New York cross- rate was quoted at US.34.88%. as compared with Z-U.S.$4.89,*
The New York on London' rate was quoted at $-U.S.$4.882. 88 compared with £-U.S.4.89.
NEW YORK STOCK EXCHANGE
S. E. Levy And Co. And A.O.F.C. Quotations
The following quotations from New York have been received by Messra: S. E. Levy and the American Oriental Finance Corporation.
Last close 10.15 11.00 4.88% 4.80 4.884
12.40 12.51 12.49
OUR SAFE DEPOSIT VAULT located on the Mezzanine Floor of Our New building is Specially Con- structed to provide all of theas Im N.Y./London portant Qualities.
N.Y. Cotton You may
obtain Safe Deposit Mor. Box in this most up-to-date Vault for ⚫July your own use at a very moderate Ren-N.Y, Rubber
Mar. Inspection Cordially Invited.
July
share quotations issued to-day:
Banks.
n.
TOTICE IS HEREBY GIVEN New York, Yesterday.
THAT THE · THIRTY- Debtor business pointers are the SEVENTH ORDINARY YEARLY cause of the flight from general im-MEETING OF THIS COMPANY
to remain amall on Wall Street.. Jardine, Matheson & Co., Ltd., on Rubber should be a little lower. TUESDAY, the 12th February, Wheat will probably be steady. 1935, AT NOON, for the purpose The far West is growing milder, but of receiving the. Report of the is balanced by frigid conditions in Directors together with a State- acertain areas. Australia. is nego-ment of Accounts for the year end-
tiating with the Orient, Whilofed 31st December, 1934. France is not pressing on the mar
The Register of Shares of the ket.
Company will be CLOSED from Cotton is expected to be steady Monday, the 4th February, 1935 to on India being bullish. The market Tuesday, the 12th February, 1985; is awaiting developments in Wash-both days Inclusive. ington. The weather is growing milder after the bitterness, in the East Economists are increasing- ly against the loan on the 1935.crop.j 8. E. Levy, And Company's Report!
H.K. Bank $1545 n. H.K. Bank (London) £140% Chartered Bank £16 n. Mercantile Bank, A. & B. #32 Mercantile Bank C, #181⁄2 n Bank of East Asia $90 n. Am: 0. Finance Corp., Sh.$20 n. China O. Fin. Ord., Sb. $1.80 1. China O. Fin. Pref Sh. $4% n. · Insurances.
Canton Ins. $275 m. Union Ins. $490 b., 490/495 sa. - China Underwriters $14 b. China Fire Ins. $490 n. H.K. Fire Ins. $230 Ba. International Assce. Sh: $5. D.
Shipping.
Douglases, $40 n. H.K. Steamboats, $74. Indo-Chinas (Prof.), $30 n. Indo-Chinas (Def.), 188 m. Shells (Bearer) 58/9 n. Union Waterboats 18% n..
Mining. Antamoks 87% 8. cum.. all.n. 'Balatoca $41 n.
m
Baguio Gold $41 B. Benguet Consolidated $14 Benguet Exploration 18 eta. n. Benguet Goldfield 19 cta. x.
Big Wedge, 10 cts, n.
Gold Creek 381⁄2 cts. n.
Gold Rivers $231⁄2 D.
Itogans 42 cts. n.
Salacota 16 cts. n..
12.55 12.57 12.54
tal
12.95 19.24
12.95: 12,98
13.24. 13.21
THE NATIONAL COMMERCIAL C. Wheat May 37
97 -
July
88*
88%
& SAVINGS BANK, LTD. Corner of Jee Hease Street and Des Voeux Road, Central
C. Corn May 84%
87%
W. Wheat May 821⁄2 STOCKS:
823
Ipo Mining $1 n.
THE BANK OF CANTON, LTD. Elec Bond & Sh 6%
Amer Smelting 35% Con Gas N.Y. 19% Du Pont
35%
19%
.19%
Kailan 19/3 n
944
94
944/4
64
64
General Motors 311⁄2
314
31%
S'hai Exploration Sh. $5 n.
Established 1912.
Head Office: Hong Kong.
Paid-up Capital
Total Rasoarcus
Int Tel & Tel 9 Loew's Inc 32 Nat Distillers 2014 $11,000,000
8,655,000 Montgomery W. 27 82,170,492 Standard Oil NJ 41%
дела
954
S'hai Loana, Sh. $6 n.
32%
32
Rauba $9:10 n.
28%
26%
Venz; Goldfield $5 n..
26%
26/
41%. 42
Docks, etc.
18
Authorized Capital
N.Y: Central
1814 18 37% 37% 37% The following quotations from Lan.
Branches: Canton, Toishan, Shanghai, U.S. Steel Hankow, Bangkok & San Francisco. London Benkera: Lloyds Bank, Ltd.,
Foreign Exchange and Banking don were received last night between business of every discription trans-i
5.30 pm. and 10.30 p.m. acted.
Silver Spot 24% (last close), 24% (last recd), unchanged (change).
Silver Forward 24% (last close),
Current Accounts opened and Fixed! Deposits received for one year ori, Phorter periods at rates which will be 24% (last reed), unchanged (change). quoted an application.
Safe Deposit Boxes (varions size)
Every description of Danking and Exchanger hire. bate rugated. Losus prated on approved
Surreal Accountangeland · la Local Curren sad Fixed Deposite recaired for one E DE akarta paroda in decal and Yoreign Curranca
terma which will be quoted co application Bada Depolt Box To Let
KAN TOBO PO,
Cantanigor.
Bong Kong, int March, 1984.
THE BANK OF TAIWAN, LTD.
Head Ofco-Talhoka, FormOSE, Incorporated in Japan by Special Imperial Charter, 1899.
Central Bank of Formosa, Notes
issued Average amount Y.45,000,000
Branches and Agencies:
LOOK POONG SHAN,
THE
Chief Manager.
AMERICAN EXPRESS COMPANY, INC.
Head Office: 45, Broadway, New York
Capital Surplus Reserver
wwwman
.
ruders Andwurp
Alhaur Nanto,
Healss
Bertla
Bombay
BrBRIND
Japan:-Kobe, Osaka, Tokyo, Yoko-
hama, Keelung, Makong Shoka, Shinchiku, Taichu, Tainan, Taito, Takao, Tamsui, Toer, Karenko Kagi, Heito, 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, 1994, the rate of Interest on Special Current Deposit will be at 14 p.a. on daily balance and the rate for balance over $10,000 will be quoted on application (Maximum rate 1).
Y. ORNO,
Manager.
Hong Kong Branch
3. Des Voeux Road, Central
Cairo Calcula
Silver Report:-No new feature. Business small. Market steady.
Gold 142/14 (last close), 14174 (last recd), 9%d down (change).
London/N.Y. Selling Rate 4.89 (last clone), 4.8906 (last recd), .0006 up (change).
London/Paris Selling Rate 74.40 (last close), 74.78 (last recd), .38 up *(change),
Liverpool Cotton-May 6.81 (last| (close), 6.82 (Jeal reed), .01 up
(change).
Liverpool Wheat-May 5/1% (last close), 5/1% (last recd), unchanged, (change).
U.S.$8,000,000.00
2,087,112.69 London Rubber-Apr-June (buyer) 1,995,628.816% (last close), 0-7/16 (lash reed),
1/16 up (change).
BRANCHES:-
Gazok
: Glasgow
Landon Rubber-Apr.-June (sellers) 64 (last close), 6-9/16 (last recd), 1/16 up (change).
London Rubber at
Mi
Nio
tr
Naples
Havas
Firsus
6-7/16 (last recd),
.Paris
Peipia
Palermo
Retterda Ben
'Abanghar
Hamburg Hayze Heidelberg Interlakes
Seronala
1.ondoo Iverpool
Laguna
Panny
Colorbe
Copenha
Lasor
Dabila
Mar
Edinburgh Fiorezon
*Monte Car
Mantis
Mentah
Mostruk
Romampion
por Tiendain Taormina
Vlozim Venice Yokohame 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 secounts
THE YOKOHAMA SPECIE BANK handled.
LIMITED.
Established 1880 Capital (fully paid-up) Yen.300,000,000 Reserve Fund-
Yen.124,250,000
Head Ofice: YOKOHAMA
Branches and “Ageneles xt: Alexandria
Batavia
Nagasaki Nagoya
Berlin
Now, York:
Bombay
Osak
Calcutta
Parla
Canton
Dairen (Dalny)
Hamburg
Hankow
Harbin
Peiping Rangoon Fengtion (Maksien) Rio de Janeiro
San Francisco Sentile Semarang
Font font
Honolulu
Heinking Karachi Kobe:
Shanghai: Singapory Soorabaya Sydne Tientsin (Tokys%
The Company offers to intending Travellers the use of its Travelers
SPOT
noon. (buyers)
LONDON SILVER
FORWARD
London, To-day. -24% unchanged -243⁄4 unchanged
London Silver Comment:- There were no new features. Business small. Market steady.
THE CHINA & SOUTH SEA BANK,
LIMITED
(Incorporated in Chins) Head Office Shanghai Capital
$7,500,000.00 $1,500,000.00
Reserve
Branches
Foreign Exchange
All Important Cities in China Cheques" and Letters of Credit and, Banking Business transacted.
and General addition, the world-wide services
Current and Saving Accounts opened If its thoroughly equipped Travel Dev and Fixed Deposita received for |partment.
year or shorter periods at rates which| will be quoted on application.
BOU Z. CHANG,
E. W. DUGGAN,
Manager,
THE WING ON BANK, LTD, HONG KONG
Authorised Capital $10,000,000 Foreign Exchange and Business of every description tramaet
Banking led.
Current Accounts opened Deposits received at special rates, and Fixed Deposits received for one or shorter period at rates which
be quoted on application.
Safe Deposit Boxts (various size)
PRIMP GOCKOHIN
Manager:
Adam Manager.
Langkata (Single) Sb., $15. n.
HK. Wharves $115 n. H.K. Docks 811% m Providents (old) $1.30 sa. Providents (new) 80 cta. . Hongkong, Sh. $309 r... New Engineerings, Sh. #54 S'hai Docks, Sh. $120 n.
Cotton Mills.
n.
Eto Cottons Sh. $8.90 n. S'hai Cotton (old) $74 n. S'hai Cottons (new) 14 Zoong Sings; 8h. $9.40 n. Wing On Textiles, St. $55 n. Lands, Hotels, etc.
D.
8.
H.K. and E. Hotels $4.95 b. H.K. Lands $50 b, $50% H.K. Land 4% Debentures 101%
b.
Shanghal Lands SK. $24. Metropolitan Lands Sh. $12.20 Humphreys $9% n.
H.K. Realties $5.10 D. Asia Realties "A", Sh. $100 n. Asia Realtles "B" Sh.$20 n. Chinese Estates $88 n. China Realtles, Sh. $124 n. China Debentures Sh$123 n. Public Utilities
H.K. Tramways $20.30 b. and sa. Peak Trams (old) $9 n. Peak Trama (new), 7 n. Star Ferries $98... Yaumati Ferries $22 D. C. Light 89.80 b. H.K. Electrica $70 b. Macao Electrica, $25 *. Sandakan Lights $8 n. Telephone (old) $24.80 b. Telephone (new) $11 s. China Buses Sh. $12.40 n Singapore Tractions 6). n. Singapore Pref. $17/9 n.
Industrials
Malabon. Sugar. $84.
H.K. Ropes $8.80 6.- Stores, etc. Dairy Farms $244 8. Vibro Piling $614 a.
·Correr="
By order of the Board of
Directors,
F. H. CRAPNELL -
Secretary.
In their market report, Mesra. Hong Kong, 25th January, 1985. S. E. Levy and Company, pondents for Messrs. White. Weld and Company, New York, etate-
"Stocks:-In view of the uncer- tainty over the Gold decision and;
PUBLIC AUCTION
ON
Wednesday, the 30th, Járaincy, 1935'
commencing at°31'a.m.
at No. 2, Luna Building, Ground Floor, Kimberley Road, Kowloon A Quantity of VALUABLE HOUSEHOLD'
**FURNITURE
On view from 29th. January 1935, Terms: Cash on Delivery.
LAMMERT BROS..
Auctioneers.
Hong Kong, January 26, 1985,
THE undersigned have received Instructions to sell by Publie Auction
ON
Friday, the 1st. February, 1985, commencing at 2.30 p.m.
at their Sales Room No. 35,
Hankow Road, Kowloon.
A Quantity of VALUABLE HOUSEHOLD
FURNITURE
On view from Thursday the 31st January, 1995.............
1. Terms: Cash on Delivery.
**LAMMERT BROS.,
Auctioneers.
Hong Kong, January 25, 1935.
the hopelessness of acting of anHE undersigned have received announcement, it is thought that Instructions to sell by Public FTHE undersigned have received
on
Commencing at 10.30 ́a.m.
active traders on Wall Street would) Auction be inclined to limit their risks and participation in the event of a de- Thursday, the 31st, January, 1935- cision being favourable. How- ever, favourable
news from the steel and motor industries ia ke-1 ly to sustain the market.
Bethlehem Steel, New York Cen-1 tral, Consolidated Gas, Loew's Inc., National Distillers and Westing- house Steel were all up one point at the usual premium. Business done:-440,000 shares.
"Commodities:-The waiting at- titude of traders on actual market! was temporarily aggravating the effect of moderate speculative li- quidation.
The following telegrams were received by Messrs 5. E: Levy and Co. from Reuter:-
►
Wall Street was quiet and sieady with movements within the nar- rowest range.
Prevailing uncer tainties were more than offsetting the favourable trade news, and traders were diaposed to mark Itime. Continued indecisive move-
ments were expected..
The New York Stock Exchange has announced that all bonds in aeling order, must be marked whe-1 ther they are for long or short ac- count.
A message from Akron statca that Goodyear Tire and Rubber, Goodrich Co. and the Firestone Tire and Rubber Co. are raising the pay of factory workers and some classes of salaried employées by an average of 6 per cent, ef- afective as from next week.
(Continued on Page, 10)
COMMODITY PRICES
The following quotations have been received by Messri. S. E. Lavy and Co. and the A.O.F.C.
Jan. 23. Jan. 24. Closing Closing
New York Cotton:- January
12.45
12.48
March
12.49
12.51
May
12.55
12.55
July
12.55
12.55
October (1985). 12.48 December Spot
12.49
12.55
∙12,55
-12.65.
.12.66,
New York Rubber; January March
12.84
May
July
at No. 6, Humphreys Building, Kowloon
"A" Quantity of
VALUABLE HOUSEHOLD
: FURNITURE
Tinstructions to sell by. Puble
Auction.
ON
Tuesday, the 29th. January, 1935 commenting at 2.80 p.m.
at their Sales Room,
Duddell Street
A Quantity of VALUABLE HOUSEHOLD'
FURNITURE
On view from Wednesday the Comprising: 30th. January, 1935.
Terms: Cash on Delivery.
LAMMERT BROS...
Auctioneers, Hong Kong, January 25, 1935.
Chesterfield couches and arm- chairs, Teak wardrobes with be- velled mirrors, Teak dressing tabla. with bevelled mirrors, Teak hat- standa, Teak office desks, Teak & glass cabinets, Teak dining tables, HE undersigned have received Teak & cane seat chairs, Teak filing instructions to sell by Publie cabinets, Teak ice chests, Teak & glass.books cases, Teak heds, Teak side boards, Teak tea poys, Teak 1935 cupboards, Teak chests of drawers,
etc., etc.
THE
Auction
-ON Thursday, the 31st. January,
commencing at 2 p.m.
at No. 1, The Albany
and
Silver ware, Brass ware, Porce Jain
Friday, the 1st. February, 1935 in ware Cutlery, Books, Tea sets,
commencing at 10'.m..
at No. 8, The Albany A. Quantity of
VALUABLE HOUSEHOLD
FURNITURE
...
On view from morning of 31st. January, 1935.
Terms: Cash on delivery
LAMMERT BROS.,
-Auctioneers. Hong Kong, January 25, 1985.
H.K.
TRAMWAYS LIMITED
Final Dividend Of 75 Cents
At the forthcoming 'Annual General Meeting of the Company, shortly to be announced, the Direc tors of Hong Kong Tramways Limited-after making full provi
sion for Depreciation, Items written- off, Government Royalty, and all other charges and, further, trans- ferring the additional
ware, Ornaments, Clocks, Gramaphones and records, Crockery, Pictures, Oil paintings, Linen, Car- pets, Typewriters, Medicine cheats, Marble statue, Rattan chairs, Iron beds, Flower pots, Vases, Table lamps, etc., etc.
One Piano
and
A. Quantity of Black wood Fumiture
On View from Monday the 28th. January 1935.
Terms: Cash on delivery
LAMMERT BROS.,
Auctioneers.
Hong Kong, January 25, 1935,
It Insured?
Insurance-All, Clames LOWEST RATES American Asiatic Underwriters Fed. Ine U.S.A." General Agentsä
sum of Head Office
$100,000.00 to General Reserve. Ac-
12.76 count will recommend a Final 17, The Bond 12.95 12.90a Dividend of 75 cents per, share, Shanghai
making a total dividend of $1.25 for
SHARI
#M7 HK, Offèe
September
13,10 13.06 1324 13.18 13.41 13.89
the year 1984.
October
18.50 13.40
Chicago Wheat:-
Cald: Macg, (Ord.); Sh. #20 n. May Cald: Macg (Pref.) Sh8194_n. Canton Ices 32.85 n.
97
96%
July
88%
September
8834 87.
оле
Cements $1.971⁄2 8.
Chicago Corn -----
S. E. Lewy & Co.
May July
-84%
84%
80%
80%
ICE HOUSE, STREET
September
77%
STOBANKERS BROKKES
Winnipeg Wheat:
Lane, Crawfords $8.75′′n
May
8284
July
81%
821
New York Sugar:
$1.85
1.87/89 1.96 1.92/93 2.00 1.97/98 2.05 2.02/08
YOLK COTTON BECHANGE
LOÀI
Mar May
1,40
NADIAN)
141
54:00 54.66
HONG KONG BRANCH F 24, Des Voeux Road, Central, th Manager's Office WWWWTel: 28565 Foreign Exchange Dept.
General Onice
Cashier's Office:
18568
-28567 33569
THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED,
Incorpor Capital paid up Reserves
Capita
Mackintcelt, $21 n Sinceres 38 1
Wm. Fowells, 10 cts. n. Wing On (HK) 3105 m
Miscellaneous
HK. Amu
925-G#Bds.
55.30 55.25
58.90
56.00 66.5056.60
?
Asia Life Building Tel. 30234
SHIFONOT