BANKS
BONG KONG AND SHANGHAI BANKING CORPORATION,
Kimberleed Capital
Sewed and Pully Paid-up
Beer Funda
Berling stardein 6,500,000 Miver 100,000
$600,00 20,003,000
Motorva Llability of Proprietate $30,000,000
---------
HEAD OPFICK HONAKOND,
BOARD OP BINECTORS,
Hon. M. 0. 0. 8. Mache
Chairman,
H. l, Thai,
Deputy ChairmaJA.
Hun, My, W, 11, Nett,
t. Compton, Key: Ruight. Pan.
¤, Miskin, Brg,
K. 2. Motion. Ent
T. N. Penton, King,
V. M. Grayburn, day,
Chit Munger.
HEANCHES
LOSIKIN
LYONS
JALAQUA
THE CHARTERED BANK OF
· INDIA," AUSTRALIA & CHINA.
incorporated" by Rayal Charter, 1858,
READ OFFICE: LONDON
Pald-up Capital
tanglah Batavia
THE CHINA MAIL, SATURDAY, FEBRUARY 16, 1935.
and
Commerce
Finance
SHARE MARKET
Weekly Report
Hong Kong, February 16. Mr. G. A. Harriman's weekly share report and market review issued at noon states:
Although the market was father sluggish at the opening, a fairly
NEW YORK STOCK EXCHANGE
Reuter Quotations
February 16.
NEW YORK STOCK MARKET
Gold Clause Decision Still Awaited
RUBBER STIMULUS NEEDED
In their market report. Messrs. S. E. Levy id Company, corres. pondents for Messrs. White Weld and Company New York state!——- "Stocks: Prices ruled steady.
CHURCHESE
FIRST CHURCH OF CHRIST, SCIENTIST
(Branch of The Mother Church. The First Church of Christ, Seien tist, in Boston, Mass., USA]·.
Macdonnell Road, Below Bowen
Road Tram Station. Sunday Service: 11.15 a.m. Subject: SOUL **
"
SPORT NOTICES.
THE HONG KONG JOCKEY CLUB
ANNUAL RACE MEETING, 1935 16th, 18th, 19th, 20th and 23rd
February, 1935.
18, TUESDAY 19th, and N SATURDAY, 16th, MONDAY
WEDNESDAY 20th February, the first bell will be rung at 11a.m., and the first race will be run at 11.80 a.m. On SATURDAY, 23rd February, the first bell will be
The following quotations from New Switching continues from rall and The Sunday school is held on rung at 1.30 p.m., and the first race York have been received by Beuter.utility issues to selected industrials. Sunday Morning at 10 o'clock will bo run at 2 p.m.
Meanwhile, leas concern is being Wednesday Evening Meeting at, 6
The tiffin interval will be taken 11.00 shown by traders over the prolonga p.. Reading Room at above ad. after the fifth race on the first four 4.87% 4.874 4.87% tion in the Gold Clause delay. dress open Tuesday and Friday, 10 days.
Jarge volume of business was put NY/London through in investment issues dur-NY. Cotton
Last close 10.35
12.38 12.46
ENCLOSURE ·
With favourable, earning prospects am. to 12 noon, Monday, and MEMBERS BADGES AND certain companies are receiving Thursday, 5.80 to 7 pm. The Members are reminded that they more active attention, anch as Public is cordially invited to attend and their fadies must wear their Motors, Accessories, Canning, Gold, the service and visit the Reading badges prominently displayed
Reserve Fond
£3,000,000 .£3,000,000
Reserve Liability of Pro
prlotors
.£3,000,000
Agencies and Branches:
Lior Har
11ollo
Bangooti
Allar
Ipol
Salgón
Karach
Remarang
Klanz
Beremban
2, J. Akort, Kay,
1hereby
Kobe
Shanghai
Palruita
Konta
Sliepos
Cantee Canon
Lumpe
Villawan
Kurbine
BUNTARAJA
Caba
Madras
Taiping
Colorabe
Man
Testen
L
Delbl
Kadan
Toorkah
Mar
Halpbona
New York
(Elbuker)
Hamburg
Niclax
Icinglas
Honkow
(Pekin)
Yokhara
Harbin
TIDADE
Zambanga
Hank Hood.
fragaclad,
XPAKA LUMIJO
MTANGA
SINGAPORE
GUNGE PATANI
ORYOF
To Safeguard Your Valuables
and Jewelleries. ·!
Forel Exchange and General Banking businesection was active with Hong Kong. Wheat May 30 Furreal Anabunts opened and Fiend Bancale Trams changing hands at $20.15/25, melvad for one year or shortar parinda að rotor. which will be goolad sa application,
Hong Kong Electrics at $71, Tele- C. Corn May. 85% A. BREARLEY, -
phones (old) at $26.50/75, and W. Wheat, May 82% Manager.
Whürves at $112.. Hong Kong, 1xt. January, 1935.,
Hong Kong STOCKS Lands after changing hands at 860 Amer Smelting 34
Con Gas N.Y, were in demand at $49%. Dairy Du Pont Farma cased off with shares on Blee Band & Sh offer at $23.60. There was very General Motors 30% little change in the minor isstics. Int Tel & Tel
Loew's Inc Cements remained in demand' at Montgomery W. 20% $2.02% with sales effected 3 Nat Distillers. 27 $2.04/05. China" Lights fluctuated N.Y, Central 16 between 39.90 and $10.15:
Hotels Standard Oil NJ-404 xd 40% continued in request at $4.90 with US Steel sellera at $a. Providents (old); improved slightly with enquiries ali
ing the latter part of the weak: July and prices in general were 'very N.T. Rubber
Mar well maintained. The investment
July
12.20 12.39 12.44 12.46
13.14
13.11
13.16
13.44
13.43
13.46
07
July
RD
80%
85%
Silver, Rayon and Farm implements. Room. We anticipate such "Belectivity" to continue, though there is no general move in prospect: until the Gold
34%
18%
18%
18
04%
06
95
6
6%
313
91%
806
8%
874
33%
23
34
20%
26%
27%
27%
37
16%
40
35%
IMOY
MANGKUK
BATAVIA BIMBAY
CALCUTTA CANTON CHEFUR DOLOM HO DARKN
DOCHOW MADPUDING TEAM BUKI
BARKOW
HARBIN
BUNGEZW
MANEU
XPOR
MANILA
SETTAJU (Johor)
.YURDEN
NEW YORK
PELVING
PENANI RASTOUN
SAIUGN
SAN FRANCISCO
IQUORE
KOBY
OWLOCK
POURABAYA
TIENTKEN
IISUTAR
"YOKOHAMA
Curreas Account opend It Local Currency
cal Fiend thermite owly for one you or sharier periods to Las Company and Harlin on terms which will in quoted on eppileation. Hear Kong, 18th April, '1954.
HONG KONG SAVINGS BANK.
The the madent.
BANKING CORBATION.
SAFETY FIRST!
Depoelt them in a Vault that in really: FIRE-PROOF BURGLAR - PROOF DAMP-PROOF !
OUR SAFE DEPOSIT VAULT located
on the Mezzanine Floor of $1.30. Sterling counters were rather
34%
Clause decision has been handed
down. Business done:-730,000 shares.
+
"Greins: Industries and feeders were good buyers of corn. Whent: Total ales: 6.908,000 bushels, Corn: Total sales:-7,456,000 buя- hela,
L
"Cotton: The trade was easily ab
IMPORTED COTTON GOODS IN CHINA
Revision Of Tariffs Foreshadowed
Nanking.
throughout the Meeting,
No one without a badge will be ad- mitted to the Members, Enclosure.
Budges admitting non-members to the Members' Enclosure and. Club Rooms at $10.00 per day in- cluding tax or $40.00 Including tax for the Meeting (ladles $5.00 and $20.00 respectively) are obtain- able through the Secretary upon in- troduction by a member, such Mem- her to be responsible for all .chite,
*
The Legislative Yuan is under, etc. sorbing increasing March liquida-stood to be studying a revision of Badges admitting to Members" tion.
the tariff on imported cotton Enclosure will NOT be on sale at "Rubber: The market continues goods. It is learned that the the Race Course.
.
THE BOND RONG AND HANGRA structed to provide all of the im- quiet due to a further rise in ex- COMMODITY PRICES from trade news. Total sales: 297 with a view to protecting native Gloucester Building 3rd 105,
btained on application
Rister may be
FOR THE HONG KONG AND SHANGHAI SANRISU CORPORATION
V. M. GRAYBTIRN,
Chief Maunger,
Hong Kong, Meh February, 1984.
THE BANK OF EAST ASIA, LTD.
#wahorfoud, "Caps
d-up Capiti........
18,000,000.00
# 5.56),(2
Reieren gut. Undivided Pro#2,484, KON
་, *
HEAD OFFICE: HONG KONG
11. Do Yes Hd Central
BOARD OF DIRECTOR
Sir Show Chow, Chairman
14 Kona Clio, 2, 1. Kwok, Caq. Wank
Zva Tong. E. Chan Ching. Sirk, Tape Id ball
Our New building in Specially Con-
portant Qualitica,
You may obtain a Safe Deposit offer at $1520, but Unions could be
change; Hong Kong Banka being on
The following quotations have Box in this most up-to-date Vault for placed at $192. The tone of the been received by Reuter. your own use at a very moderate Reb
New York, to-day: ital.
Closing Closing
Inspection Cordially Invited,
THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice Home Street' and Des Voeux Road, Central
THE BANK OF CANTON, LTD.
Established 1912..
Read Office-Hong Kong.
Rap Erg Wong Chu Hole, agad Kan YoAuthorised Capital
2. Zay.
Amos
Dalyvin
Braba
Cientis @aaton
Ken Tag fo. Esqa, Chlid Msorgir,
LA Tre Fong, Jay, Hasinger.
BRANCHES AND AGENUIYA1-'-
Amit Ma
Becaraug
wuf !
New Yor
Ela
Pri
Bingapore borabaya Hualow
Phim
1'' Ch
Taiboku
Kabe
Itangoon
Titain
Kawkowe
saigo
Tokyo
London
Sap Fraccio
Vancou
Tokorator
Balphong Haukow Senalulu
Paid-up Capital
Total Resource
Branches: Cantan, Tolahan, Shanghai, Hankow, Bangkok & San Francisco. London Bankera: Lloyds Bank. Ltd.,
Foreign, Exebange. and Banking business of every discription trans- Reted.
Current Accounts opened and Fixed Deposits reemved for one year of shorter perioda at.rates which will be quoted on application.
Safe Deposit Hoxes (various sizes) Exchanger bire. bin transouled. Loan granted an approved
Kvary desamplłow D! Burkina
LOGE,POONG SJIAN.
no doubt influenced by the ap
been done at the following prices: May
Hong Kong Banks $1525/1530. Canton Insurances $260... Hong Kong Fires $226.
Union Insurances $19271⁄2/495. Union Waterboats $12. Antamoka 92/93 cts, Baguio Golds 41-ets.
Hong Kong Lands $50. Chinese Estates 393, Hong Kong Tramis $20.15/20.25: Star Ferries $992.
China Lights $10/10.10. Telephones (old) $25%/.
Hong Kong Electrics, $70/71. Hong Kong Docks $11. Hong Kong Wing On $105. Cemente $2.05,
Ints,
to lack any outside stimulus, apart present rate will be increased; The Secretary's Office, Floor, made cotton fabrics,Chekiai WILL CLOSE AT 10 am. ON THE "Flash: Carloadings for the week Agency.
FIRST FOUR DAYS, and at 12.30 ending February 9 totalled 593,000
pm. ON THE FIFTH DAY. Janits; an increase of 19,000 from Jast the corresponding period of [year."Reuter,
E. A. Pierce And Co.'s Report In their market report, the American Oriental Finance Cor- poration, correspondents for Messrs. E. A. Pierce and Company' of New York state-
REGISTRATION OF FACTORIES
Over 500 On The Roll
At Nanking
Nanking.
A limited number of tiffine will be obtainable each day at the Club House, provided they are ordered in advance from the No. 1. Roy. Telephone No. 21920.
On no pretext will children be
permitted in either enclosure dur- ing the first four days of the Meet jing, chega
"Stocks: The investment demand for selected industriais gave division a strong Bquidation in utilities continued on with the Ministry of industry up
PUBLIC ENCLOSURE that Over 500 factories and indus-Public Enclosure is $2.00 per day The price of admission to the undertone. but trial plants had been registered including tax for all persons in-
to the first week of February,cluding ladies and
payable at the
"Grains: Trading was moderate. according to statististic compiled Gate. The wheat and corn markets had by the Ministry. Of this num- Soldiers and Sailora in uniform
The firmness of ber, Tainan, Shantung, shows there admitted to the Public En- 13.77 Winnipeg was influenced by Mr. largest percentage, with Shangclosure at $1.00 per day including
McFarland's remarks in regard to hai
ranking
the carry-over. Dust storms have Agency. appeared in parts of the south-west." A further advance in hogs and the continuation of a good shipping. demand were the principal factors.
market at the close is quiet and is
prunch of the Annual Rave Meeting. New York Cotton:
Business, during the week bas Murch
*12.36' 12.44
12.41 12.50
July
12.44 12.52
October
12.36.
12.41
December
12.42
12.19
|January (1986);
.12.44
› 12:51
Spot
12,55
12.65
New York Rubber:
811,000,000 .. 8,655,000 $2,170,492
Gold Rivers 213 ̋ets,
Match
13.14
13.10
Haubs $7/7.90,"
May
13.28
13.24
legislative and rate uncertainties.
Wharves $112.
July
13.41
13.86
September
18.58
13.50
October
13.69
13.59
Arm undertone."
December
13.85
Chicago. Whent:-
May
July
September
9634 9714 89:4 904 87%
89
Chicago Corn:-
May
July
September
85 86% 7934
* 80% 767
77
Winnipeg Wheat:~
May July
82% 82
£3,000,000
New York Sugari- March
1,800,000 1,050,000 1,247,482
May
July
1.98 1.99 2.03
1.94/DS -2.00/00
2.04/06
BANKERS1
September
2.09
December
$2.15
2.09/09 2.15/15
BRANCHES:-
BRANCHES
Bangkok
hama, Keelung, Makong,
Japan:--Kobe, Osaka, Tokyo, Yoko-
Amatarosta
Antwerp thane
Те
Nanto,
Amuk
kow, Shanghai, Swatow.
China:-Amoy, Canton, Foochow. Ban-
Shoka, Shinchiku, Taichu, Tainan, Taito, Takao, Tamaul, Teen, Karenk Kagi, Helto, Giran.
The Hague Havana Harburg
HILD File Naples
Bombay
Spoti Handy
Now York
MATTHE
New York Silk:-
Join
nuk kibary ''
Pisaran
Kusi Lipi.
Paris
Galle
Kitto lastpapues
TRAFILM) Flan good thankbai
March
1.38
1.89
May
1.87
1.99
Berlio
Ha
Paisin.
Tong Koop
Fusion (Fabang), Siml
July
1.38
Bombay
Paieme
Kawruh
Jindra
Singapore
1.38%
Montreal Silver:-
Bran
Mala
Calcutta
Others: Bombay, Hong Kong, London,
Panter
Batavia,
Copenhagen Pubita FALABE Floritos Пепете
Reiserdam Bugge Bburgh Rihampe Bla
•Terminé
54.60
$4.90
55.30 ::.56.50
55.40
*Tokoba
os applicat500..
Munic
· Karich
Cuzeut Arenunte
speed is
Md Fised kujusita raodized for
Lousal Currend
shorter periode to oral and Foreign CurrencÍsa
te which will be quoted au application.
Cafe apoi Cholas Tot
KAN TONG PO.
Bong Kong, let Warch, 1984,
Clif Hanager. »
THE BANK OF TAIWAN, L'ID. Bead OfficeTalboku, Formona, Incorporated in Japan by Special Imperial Charter, 1899. Central Bank of Formosa, Notes
Issued Average amount Y.45,000,000|
Branches and Agencian.
New York, Singapore, Samarang. Soerabaya, Dairen,
after On and April 20th, 1034, the zate of Interest on Special Current Deposit will be at 14% pa. on daily balance and the rate for balance over $10,000 will be quoted on application (Maximum rate-1).
Y. OHNO,
Manager.
3. Des Voeux Road, Central,
Hong Kong Branch
Chief Manager.
TITE AMERICAN EXPRESS COMPANY, INC
Head Office:65, Broadway; New York
Capital Surplus Resrves
.U.S.$6,000,000.00
Heidelberg Intarlar Jarumalama London
Inverne Lugana Luxat Morelles Monte Carlo Manila
Montau
2,087,112.69 1,995,528.81
Branches of American Express Com pany in Principal cities of United States' of 'America and Canada.
All classes of Commercial Banking Fransactions undertaken.
Personal
THE YOKOHAMA SPECIE BANK handled.
LIMITED.
Established 1880
Capital (fully paid-up) Yen,100,000,000 Reserve Fund
Ten.124,250,000
Head Office:-YOKOHAMA
Branches and Agensies at:
Nagaskk!
Alexandria
Batavia
Bombay
Calcutta
•New Y
York
Osaka Paris Canton
Peiping Dairen (Dalny). Rangoon Fengtien (Muiden) Rio de Janeiro
Ran Francisco Harbin
Semarang Hong Kong
Shangha Singapore
Hondlalu
Hainking
Seattle
Soerabaya Sydney Tientaln Tokyo
Investment, accounts
THE MERCANTILE BANK OF INDIA, LTD.
-HEAD OFFIUDI
15. Ürmonehurch Straat. London, L.0.8..
Authorised Capital
Subscribed Capital
Paid-up Capital
Reserve Fund & Rest
The Bank of England & Midland Dank, Lad.
Dahi
KUSO KONG, BRANCH '..
Every description of Banking and Exchange busi] March Ineer trasted.
Travellere Cheques issgrá,
May
Trustee and Executorships: ander July
taken.
INTEREST allowed on Current counts and September Fixed Deposits at Haton that may be sacertained
13. 2086," },
Maneget
7. Quia's Road Central,
Hong Kong, 12th June, 1984. -
THE CHINA & SOUTH SEA BANK;|
LIMITED
(Incorporated in China) Head Office .:Shanghai V Capitál .$7,500,000.00) Reserve
$1,500,000.00 Branches All Important Cities
in China Foreign Exchange and
Genera!! Banking Businesa transacted.
834 8212:
56.00 56:10 58.50
Cotton: The trade offtake con- tinues to be good, which is absorb-) ing amal southern, sales and scat-
tored liquidation for March. There was some replacing by longs, who recently sold.
that
next.Chekinitx
HONG KONG UNION
CHURCH
Annual Meeting Held Last Night OFFICE-BEARERS ELECTED
FOR YEAR
Bookmakers, Tic Tac men. etc. will not be permitted to operate. within the precincts of The Hong Kong Jockey Can during the. Race Meeting inch pathwa
Tiffins will be obtainable in the Restaurant
ant in the Public Enclosure.
SERVANTS' PASSES
1. Passes for Servants. will be issued on application to the Secre tary, 3rd Floor, Gloucester Buil ding.
Any persons found loitering with Servants' passes in their possession will forfeit the same and will be At the annual general meeting of removed from the enclosure.
By Order
"Sugar The market was firm on the movement in refined sugar. The spot, guotation atanda at 290, while there are sellers over figure. All refiners prices. are ad- vancing to 4.50, except those of the seat-holders of the Hong Kong! Union Church last night, regret at| American Sugar Refining Co.
Rubber: Quiet conditions pre-the impending departure of Mr. vailed. After a steady opening L., McPherson, M.B.E., next year, onl prices worked higher. The factors retirement, was expressed by Mr, J. were amall buying, while dealera W. C. Bonnar.
were the principal sellers against The following officers were elerted actuals.
Commission houses were for the ensuring year. good buyers. The London market Committee of Management:--
A
C B. BROWN, Secretary. Hong Kong, 11th February, 1996.
closed steady, but trading was dull. Messrs. W. McKenzie, V. Baxe Is It Insured? ?
"Flashes: The Annalist Index of P. D. Wilson, A. T. Hamilton, J. Business Activity this week is given McKellar, R. Bell, Dr. G.“ H. Thomas, us 88.0, as against 87.8 for last Mesdames W. Robertson, Key, Ban- |week. The automobile output in nar, C. H. Lamb, C. B. Brown, Mr. the United States for the past week N. M. Carrie (Hon. Treasurer), H.K. SHAREBROKERS' totalled 78,453 cars. Money in cir- Mr. E. Himsworth (Hon. Secre
culation increased by $23,000,000. tary),
ASSOCIATION
Stock Report
The following report was issued by the Hong Kong Sharebrokers' Association Festerday afternoon.
Bank of East Asia 890 h. Canton Insec $260 b," China Fires $470 b. H: K. Fires $225 b. Douglases $99% b.. Waterbouts $12% b.. Antamioka 98 cts. Big Wedge 11 eta, b, Gold Rivars 21 cts. b. 21
8212/214 cts. sa Haube $7,70 6.9 Vens, Goldfields $2.80 b. Realtys $4.65 b
The Company offers to futanding Travellers the use of ita «"Travalars| Cheques" and Letters of Credit and, In addition, the world-wide services
ista thoroughly equipped Travel De Carrent and Baving Accounts opened partment.
and Fixed Deposita received for one, year or shorter periods at rates which will be quoted on application.
An 800 Z. CHANG
Manager HONG KONG BRANCH: -24;- Des-Voeux-Road; Central-- Manager's QMen+Tel: 83585 Foreign Exchangs Dept.:::/88560| General Office
88567
·Canhior's' Offòa: **)
E. W. DUGGAN,
Manger,
THE WING ON BANK, LTD.
. HONG KONG
Authorised Capital $10,000,000
Foreign Exchange and Banking Business of overy, description transact
Lobe
London
Los Angeles
Manila Moji'
Ja
Current Accounts opened. Special Dapatite received at special rates, and Fixed Deposits received for one year for shorter perlod at rates which will
be quoted on application
Safe Deposit Boxas. (various) zixon)
PHILIP GOOKCHIN Chief Manager'
"Assistant Manager.
alikwad - on Uzrrent As for hire, t
elyik for fixed Teriods
rates to be obtained oti, application: E GOCKCHINKOW CHA
THE SHANGHAI COMMERCIAL, & SAYINGS BANK LIMITED: Meder (Incorporated. In Ching)
Capital paid Beserves Capital vings: Depi Донсте Savings Depi
BA-Bank having at.
Providents Old: $1.80 b Providents New 10 cts. b. Humphreya: $9.60 b.
Trams $20.20 h, $20,40 87 Peak Trams Old $8 b Star Ferries $941⁄2 XD 8. Lights #10.10 b., $10,20 Electrics $70 619 Telephones Old $25,70 b. Telephones New $10,80 b.
$2.05 b. 82.0714
cts.
Insurance All Classes ***** LOWEST RATES
American Asiatic, Underwriters Fed. Inc., USA. General Agenta
Head Office
The Band Bhungbaf
"The New York Stock Exchange Ladies Committee:Mesdames P. announces that dealings in the D. Willson, Gerrard, Purves, Drome deta Studebaker old stock will be sus mond, R Bell, S. V. Boxer, K. 8. pended as from February 25, 1935. Robertson, W. Robertson,
Carloading for the week ending Phillips, Bonnar, C. B. Brown and February 9 totalled 598,000 units, C. Lamb.
an increase of 19,000 from the cor- responding period of last year Router.
Latest Quotations
The following quotations have been received by Reuter.
N.Y./London
Prov. To-day's
close close
cross-rate.
4.87%87% N.Y. Cotton May... * 12,41, 12.60 -- NY: Rubber May - 13.28 - 1224′′ Chicago Wheat May 90% 97% Chicago Corn-May 851⁄2 -- 864 Montreal Silver Mar. 54,604 55.30 Silver Official
Feb. 14 close Change 30 Industrials 102.05 10467 1:62 up 20 Rails
32.6182,7812 up 20 Utilition 13.04 16.61 18 of. 40 Bands 96.85 97.00 21 up 11-Commodity⠀⠀ 58.70 59.09 1.39 up,
10 Lending Stocks
Amer Smelting Aubarn
Cake
Elec Bond & Share
[General Möt
50%
81
S. E. Levy & Co.
7, ICE HOUSE STREET "
INVESTMENT BANKERS & PROK BAS.
MEMBERS:
NEW YOUR COTTON EXCHANGE
COMMODITY EXCHANGE, INC, NY. CHICAGO BOARD OF TRADE:
JADIAN GODITY EXCHANGE,“
H.K. Office Asin Lils Building TaL 30234
GVITAENNA AMBEU FONGELM