BANKS.
HONG KONG AND SHANGHAI BANKING CORPORATION
$50,000,000 Issued and Fully Paid-up 20,000,000 Reserve Fundus :-----
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1859.
L
Authorised Capital
prietorn ...
THE CHINA MAIL, TUESDAY, MARCH 5, 1935
Commerce and
Finance
SILVER PRICES AGAIN RISE
Silver $10,000,000 -Reserve Liability of Pro-
Sterling £ 6,500,000
BRAD OFFICE: LONDON
LOCAL DOLLAR
Paid-up Capital
Reserve Fund
£3,000,000 £3,000,000
A FARTHING
20,000,000 Peserve Tlability of Pro-
HEAD OFFICE, HONGKONG.
priators
.23,000,000
Agencies and Branchear
Alor Blar
[laile
Tienenou.
Alter
Ipok
Falsen
Stanzbor
Karaok
Bemarang
Belavia
· Rang
Beremban
Flor
Robe
Fibaoghal
'leut
Compan
import Altima Roncrabare
Cebu
Madens Vanilla
'Delhi.
Kelan
Talpiz Tealig Tourka
Haiph
Hamburg flanke
New York Piping
(Pabiti)
|| Turbin
C. C. Haiglat E«q) ==
BOARD OF DIRECTORS.
8. 11. Nodwell. E
· Chaleman,
Deputy Chairman.
W. H. Bell, Esq. K. S. Morrison Eng., Canes
Hon. Mr. J. J. Paterson, Hon. Mr. C. G. S. Mackie,
G. Miskin Esq., T. E. Pearce Esq.,
A. H. Compton Ea
AMOY
BANGKOK...
BATAVIA
BOMBAY
DALOUTTA
DANTON ОМБРОВ
POOCHOW HAIPHONG HAMBURG WANKOW
ZORAN
BUN KEW
FODE
HWLOON
T. M. Ongbven, hog:
Chiu) •Managas,
BRANOUK&Jam
KIALA LUMPUR
LONDON
LYONE MALACCA MANILA
MUAH (Jokore]
MURDEN
NEW YORK
PRIPING
PENALO
RANDOON
HALON
BAN FRANCISCO
SHANGHAI
KINGAPORE
FORADAYA
RUNGEI PATANI
TIENTSIK
TOKYO
THENGETRO
-YOKOHAMA
Corres) Accouste opened to Focal Currency and Plzad Dagonite recited for one year or Arras parlode-la-Leo Company and Hurling ➡bers which will be quoted on applies fun. long Kong, 25th February, 1935. HONG KONG SAVINGS BANK.
C. Business of the above Bank la condust. of the HONG KONG AND BUAROITAI BANKING CORPORATION.
obtained on application.
Rules may be
IN THE HONG KONG AND SHANGHAI MASKING CORPURATION
V, M. GRATAuax,
Chiat Nanapes,
Hong Kong, 25th February, 1936.
THE BANK OF EAST ASIA, LTD.
"
Laskerland Capital Babetasit $18,000,000.00) Pold-up Caplial Bra and Undeid. trots,18,200.89
HEAD OFFICE-NONG KONG
19. Des Tax Road Central,
BAND OF DIRECTORS— Shu-Chow, Chalman
ta Koon Chur Eng. P. R. Kwok, E., WOOL Tea Tour, E. Can Ching Khak, Eng., 14 L Song Xog, WORg Chu Ron, Eng, and Xan Ting
03
11
Kas Too Pop. Clilat Manager.
Ta fort. Fr, Manngor.
BRANCHES AND AGENCIES:-
Marila
Milena
Semarang
Bombay
Nord
Shanghai
Balita
New York.
Kingsport
Basica
Cheaka
Balphong Hankow
Part
Paipiog
tvydoes
Hange
Balgoo
Tokyo
San Francisca
Colo London
Brary deserpilon bolsom tropectind.
Meriki,
Yakshame
Banking and -Exchange Loan galed as approved
Ourrent reously opened in Local Burrana
And Fixed Deposita esivedu one your
harter periods in Loral and Foreign Currencies:
Traseerial.
Lemper
Kuchleg
(Thuker) Tainio Takohema Zumbosage
Aoriaz Fashsage mel-General Backing bugis Current Amounts opened and Fixed Deport recolzað „for our year or borlar, periode ni vetes which will ha queled an application.);
A, BREARLEY.
Manager. Hong Kong, 1st. January, 1938,
THE BANK OF CANTON, LTD.
Established 1912.
Head Ofice;-Hong Kong.
$11,000,000 8,455,000 32,170,402
Authorised Capital Fald-up Capital Hotal Resources Branches: Canton, Tolahan, Shanghai, Rankowe-Bangkok-4-San-Francisco. London Bankers: Lloyds Bank, Ltd.,
Foreign Exchanges and Banking| bariness of every discription trans- mcted.
Current Accounts opened and Fixed спе year or Deposits received for shorter periode at rates which will be quoted on application,
The local dollar has advanc ed a further farthing, opening on demand this morning at 2/- # mark last reached on February 8, 1929.
Spot and forward silver prices also Improved s, being quoted at 27% and 27-8/15, respectively.
The London on New York eroas rate was quoted at U.S.$4.75%, as compared with US $4.79%, quoted at U.S.$4.77, rate was while the New York on London as compared with £-U.S.$4.78.
The dollar declined later this morning to 1/11%.
At 2.45 p.m. to-day the buying rate was 2/0d, and the selling rate 1/11%d.
TIN RESTRICTION. SCHEME
Favourable Reception Reported
London, To-day, Safe Deposit Boxes (various sizes)} for hire.
The great majority of producers LOOK POONG SHAN, ...favour the tin restriction scheme.
Chief Manager (while consumers favour it un
animously, declared Sir Philip Cunliffe-Lister, Secretary for the Colonias, replying to a series of
SAFETY FIRST!
To Safeguard Your Valuables ·
and Jewelleries.
Deposit them in a Vault
that, is'really: FIRE-PROOF BURGLAR PROOF.
DAMP - PROOF!
OUR SAFE DEPOSIT VAULT
of questions on the subject.
He pointed out that American consuming interests were repre. sented on the international com- mittee, while a Welsh tinplate Imanufacturer was invited
цо
November 6, but had not made anĮ located on the Mezzanine Floor of{appointment.
Our New building is Specially Con- Sir Philip dented that the th structed to provide all of these Im-plate makers wanted cheaper tin portant Qualities.
You may obtain a Safe Deposit and said that they wanted a stable Box in this most up-to-date Vault for price.-Reuter.
your own use at a ̈very moderate Ban-
|ikl.
Inspection Cordially Invited,
THE NATIONAL COMMERCIAL
& SAVINGS BANK, LTD.
Corner of Ice House Street and
Des Voeux Road, Central
Tan
berza wbles will be quoted on application AMERICAN EXPRESS COMPANY,
Bala Depil Boss To
KAH TONG Po.
Chief Younger.
THE BANK OF TAIWAN, LTD. ||
Head Office:Taihokn, Formosa, Incorporated in Japan by Special Imperial Charter, 1899,
Central Bank of Formosa, Note
Itsund Average amount Y.45,000,000
Branches and Agencies.
Japan:-Kobe, Osaka, Tokyo, Yoko-
Makong, Nanto, mul, Toen, Karenko,
Thit Taichu, Tainan,
hama, Shoka, Kagl, Helto,
Giran.
China: Amoy, Canton, Foochew, Han
kow, Shanghai, Swatow.
Others: Bombay, Hong Kong, London,
New York,
York. Bingapore, Batavia, Samarang, Boerabaya, Dairen.
INC.
Head Office:65, Broadway,
New York.
Capital Surplus Ramryci
Arulando Axtrorg
U.S.86,000,000.00
2,087.112.49 1,995,528.31
BRANCHES:---
ftwa
HATIN
Napino
Palermoo Rotterdam
Glaug
Nice
Athens
The Hague
Aza Banist
Haraca
Pirama
Hamburg
Parle
Berlin
Palpis
Boby
· Haldolberg **
Brees Brule Cairs Calczila
Colombc Copenhagen Lunne Publia Fdinburgh
GIRAYA.
Tutorials
Jerunala
Tood
Liverpool
Luverne Lugane
Marmel
Monte Carle
Manlle March Mootrek
Venton Yokokansa Kurich
On and after April 20th, 1984, the Floss rate of Interest on Special Current Deposit will be at 1% p.a. on daily balence and the rate for balance over $10.000 will be quoted on application [Maximum rate-16).
Y. OHNO,
Мапарат.
8,. Des Voeux Road, Central.
Hong Kong Branch
į
Benthampho Blcampore Tientsia Thorai Vienas
Branches of American Express Com- pany in Principal elties of United ¡States of America and. Canada.
All classes of Commercial Bankng Fransactions undertaken.
Personal Investment accounts
THE YOKOHAMA SPECIE BANK handled.
LIMITED.
Established 1888 Capital (fully paid-up) Ten.100,000,000 Reserve Fund .... Yen.124,250,000
Head Office:~YOKOHAMA
Branches and Agencies at:
Alexandria
Batavia
Berlin
Bombay
*Calcutta
Nagasaki Nagoya
Paris
Canton
New York Osaka Peising
Dairen (Dalny) ··
Напкооп
„Janeiro San Franciace
Semarang Shangha
Fengtien (Mukden) Hamborg
Biankow
Копк Hong Honolulu Hsinking Karachi
London
Angular
RESTRICTION ON
PEPPER CROP
Likely Action By Dutch Indies Government
The Hague, To-day. The Dutch Indies Government have ordered an investigation of| the forthcoming pepper crop and are understood to be considering. the possibility of restriction.-Rou ter.
RAW RUBBER PRICES
Latest Quotations From Singapore
Messrs. H. B. Joseph and Com- pany have received the following: Straits currency quotations from Singapore for Raw Rubber.
Spot 20 down. April-June 21 % down %. July-Sept. 28 % down
Market:-Dull
THE CHINA & SOUTH SEA BANK,
SO LIKETED.
(Incorporated in China) · Head Office". Shangha! Capital
+$7,500,000.00 Reserve
$1,600,000.00 Branches ......All Important Cities
in China Foreign Exchange and General Banking Business transacted,
Current and Baying Accounts opened and Fixed Deposits received for ons year or shorter periods: at rates which will be quoted on application
BOD Z. CHANG,
The Company offers to intending]: ravellers the use of its "Travalars Cheques" and Letters of Credit and, addition, the world-wide serviced fits thoroughly equipped Travel De partment.
E W.DUGGAN,
Manager,
HONG KONG BRANCHI 24, Des Voeux Road, Central, Manager's Omes
THE WING ON BANK, LTD. Foreign Exchange Dept,
HỒNG RONG
Authorleed Capital $10,000,000
Foreign Exchange and Banking Business of
every description transact- | ed.
Current Accounts opened, Special Deposits received at special rates, and {Fixed Deposits 'received. for one year
""General "Office'
Cashler's Offies:
Capi
THE SHANGHAL COMM
* SAVINGS BANK
Cincorporated
>pald up
or aborter period at rates which will Gapi [be quoted on application@ALAM AR
Safe Deposit Boxes (variona - alace)
for hires opgede M
PHILIP GOCKCHINA.
The Chief Manageria GOCKCHIN
Assistant:Manager
LI SHU FONG
Ind
a
83568
'83567
LOCAL SHARES.
TO-DAY'S QUOTATIONS.
Banks.
H.K. Bank $1280 m2 H.K. Bank (London) £18011⁄2 13. Chartered Bank 5151⁄4% n. Marcantile Bank A. & B. #811⁄4 n. Mercantile Bank C. '£181⁄2 1.".
NEW YORK STOCK
MARKET
Stagnancy Continues
POLITICAL AND MONETARY
UNCERTAINTIES
In their market report. Maasra. 9. E. Levy nad Company corres
NEW ADVERTISEMENTS
PUBLIC AUCTIONS CHINA ENTERTAINMENT AND
LAND INVESTMENT, CO. LTD.
THE undersigned have received
Instructions to sell by Pubile NOTICE IS HEREBY GIVEN
оп
Auction
FRIDAY, the 8th, March, 1935, commencing at 2.30 pm..
at their Sales Room,
Duddell Street
A Quantity of VALUABLE HOUSEHOLD
FURNITURE
that the FIFTH ORDINARY GENERAL MEETING, OF SHARE HOLDERS will be held at the Re-- gistered Office of the Company, King's Theatre Building, 5th, Floor, The following is the list of local pondents for Messrs. White Weld share quotations issued to-day:
and Company New York state-
on WEDNESDAY, the 20th #Stocks;—The market continues
day of March 1985, at 12 o'clock to be stagnant. Traders ware hold-
noon to receive the Directors Report, and Accounts ing off pending clarification of
for the year ended 31st December, business and political uncertainties. We would continue to hold Gold and Comprising:---
1984, to elect Auditora and Direc Hatstand with bevelled mirror, tors and to transact such other Silver shares, but would reduce commitments, otherwise, on ad- Side board with bevelled mirror, business as may be properly tran- vances. Business done: 120,000 Dinner waggon, Dining table with sacted at an Ordinary General
leaves, Chairs and Armchairs, Tea Meeting of the Company. "Commodities:-Buyers were he- poys. Bedstead, Wardrobes with
And Notice is further.. hereby sitant. The easiness of Sterling bevelled mirrors, Dressing tables given that the Register and Trane. was the principal unsettling factor, with bevelled mirrors, Cheats of fer books of the Company will be Flash:Mill activity is estim Drawers, Stands, Cupboards, Teak CLOSED from the 12th to the 20th [ated at 48.2 per cent of capacity. and Glasa cabinets, Filing cabi-day of March 1985, both days in-
E A. Pierce And Co.'s Report nets, Desks, Tables, Card table, clusive.
their market report, the Teak and Glass bookcases, Chester- American Oriental Finance Cor-field couches and armchairs, etc..|| for etc.
Bank of East Asia 885% ex. dix. n. Am: O: Finance Corp., Sh.$20 n. Chins O. Fin. Ord., Sh. $1.80 m. China O. Fia. Pref Sh. $41⁄2 ni
Insurancés. Canton Inc. $280 n. Unión Ins. $410 n. China Underwriters $1% n. China Fire Ins. $490 n.' H.K.Fire Ina. $220 a. International Assce, Sh. $5
Shipping.
Douglases $89. H.K. Steamboats, $71⁄4 D. Indo-Chinas (Prof.), $80 m. Indo-Chinas (Del.). $88 n. Shells (Bearer) 51/3 n. Union Waterboats $121⁄41⁄2. m. ^.
Mining..
Antamoks 88 cla. n.
Balatoon' $43 n.
Baguio Gold 88 cts. n.
Benguet Consolidated $14 n. Benguet Exploration 15 eta. Av Benguet Goldfeld 10 cts. n. Big Wedge, 10 eta, n. Gold Creek 381⁄21⁄2 eta, n. Gold Rivers 22 cta. n. 1po Mining $1%-n. Itogans 42 cts. n. Salacots 18 cts..n. Kallan 17/8 ....
Langkats (Single) Sh. $15 1. S'hai Exploration Sh. $5 n. S'hai Loans, Sh. $6 n. Raubs $5 8th Venz; Goldfield - $5 m.
Docks, etc.!!. H.K. Wharves $110 n. H.K. Docks $111⁄2 n. Providents (old) $14. Providents, (new) 15 cta. n. Hongkews, Sh 8509 m. to New Engineeringa Sh. $5.80 M. S'hat Docks, Sh, $120 a.
Cotton Mills. Ewo Cottons Sh. $8.80 n. S'hai, Cotton (old) $74 n. S'hal Cottons (new) $45 n. Zoong Sings' Sh. $9.80 n. Wing On Textiles, Sh. $55 n.
Lands, Hotels, etc.
H.K. and. S. Hotels $5.05 n.
· H.K. Land (17 s. and sa. . H.K. Land 4% Debentures
102%
Shanghai Lands Sh. $22 n. Metropolitan Landa Sh. $12.20 Humphreys $91⁄2 n H.H. Realties $5.10 n. Asia Realties "A", Sh. $100 n. Asia Realties "E" 8h,#17 n. Chinese Estater $98 x.. China Realties Sh, $9.60 n. China Debentures Sh.$123 m.
Public. Utitles
H.K. Tramwaya $19 ̧k. *** Peak Trams (old) $81⁄2 n. Peak Trama (new), $6 n. Star Ferries $98 n. Yaumati Ferrios. $22-n; C. Lights $10,18 b., $10.15 sa H.K. Electrica $71 s. Macau Electrica $25.n. Sandakan Light #8 ́ni^a Telephone (old) 25, far Telephone (new) $10.15 n. China Buses Bh.. $12.40. n. Singapore Traction 10/3, n. Singapore Pref. 20/6 b.. V Industriais Malabon Sugar 381⁄2 m. Cald: Macg. (Ord.), Sh.: $16 n.. Cald Macig. (Pref.), Sh. $16 n. Canton Ices $24 DJ- Caments $1.90. H.K. Ropes 3.80 m
Stores etc.. Dalry Farms $28 a.': Watsons $35 any Lane, Crawfords $5.75 m. Mackintoaha, #021 m. va Sinceres #8 në
Wm. Powells, 70 cts. n. Wing On (H.K.) $105 E... ugh, Miscellaneous/. H.K. Amusements $1.85 a. Entertainmenta,- 371⁄2 n.- 8.0. Enterprises $1.35 m. Macao. "Groyhounds," $2 m. Constructions (old) $1.70 Construction (new) 50 cts: n Vibro Piling $64 n. Ch. Gort 6% 1925 G3Bds
shares.
In
poration. correspondents. Messrs. E. A, Pierce and Company of New York state:
Sliver ware, Brass ware, Glass ware, Porcelain ware, Cloisonne "Stocks: The market in awaiting ware, Rattan ware, Cutlery, domestic and legislative develop Ornaments, Ten geta, Dinner croc- ments, and significant Sterling ex-kery Wall and Table Clocks, change fluctuations. Price changes Gramaphones and records, Pictures, to-day seem more-or-less-meaning-Oil paintings, Carpets, Rugs, Blan- less.
kets Mosquito nets, Linen, Fen- ders, Typewriters, Curibe, Wash basins, cooking utensils, etc., etc. also
(Continued on Page 7)
TARIFF RAISE
IN CHINA
A Quantity of
BLACK WOOD FURNITURE
including!
Joss table, Armohairs and chairs, Tea poys, Table - acreens, desks,
No Definite Information table, cabinets, Jardinieres, etc..
Received In Britain
London, To-day. Mr. Anthony Eden, the Lord Privy Seal, said yesterday that he had no definite information when questioned in the House of Com mona with regard to the alleged Intention of China raising tariffs, particularly on woollens and piece-
Jetc.
and
One Enamel Bath. One Grand Piano. 'One Electric lee Chest, Two Cottage Pianos. Three Radio, Seta...
and
at/3.00 pm.
One Buick 5 seater Sedan, Cari
On View from Thursday the 7th.
goods, but said that the Govern- 1980 model, 6 Cylinders, in running ment's representatives in China order. had taken the opportunity to draw the attention of the Chinese au- March 1935. thorities to the increase of duties on, certain goods and would con tinue to watch the situation close-
Terms: Cash on delivery
LAMMERT BROS,
Auctioneers.
ly with every regard, for the in- Hong Kong, 5th March, 1935. erests of British trade in China.- Reuter.
CROWN LAND SALE
Garden Ground Sold At Middle Gap Road
EUROPEAN PURCHASER
TRE undersigned have received instructions to sell by Public
Auction
1
ON Monday, the 11th March, 1995 commencing at 10.80 a.m.
at No. 1, Chatham Road (1 Gomes Villa) Kowloon
also Palms and plants
Garden Lot No. 86, adjoining] A Quantity of" Valuable House Rural Building Lot No. 287, at hold Furniture, Pictures," "Orna Middle Gap Road, Mount Cameron, ment, etc. was sold for $268 at a public auction: at the offices of the Pu- blic Works Department yesterday. The purchaser and only bidder was March 1985. Mr. H. Alan Taylor, Assistant Superintendent and Monopoly Analyst of the Imports and Exports Department..
No building will be erected on this lot, which has an area of 5,250 sq. feet.
Mr. E. B. Read, Superintendent | of Crows Lands and Surveys, was the Auctioner."
· CONSIGNEES. NOTICE.
THE BURNS, PHILP LINE
From MELBOURNE, SYDNEY, BRISBANE, BALAMAUA, RABAUL, SANDAKAN & MANILA,
The Steamship,
NEPTUN Consignees of Carge are hereby informed that all Goods are being anded at their risk, into the hazarious and/or ‚ extra. hazardous Godowns of The Hong Kong and Fowloon Wharf & Godown Co., Ltd. whence a and/or from the
No
myba
will be admitted after the Goods have left the slowps, and all Goods remaining we after the 11th
ject to rent
On view from Sunday the 10th.
Terms: Cash on Delivery.
LAMMERT BROS.,
XEXI
gone
Liang Chi Hao
Managing Director.
IXEXEXE:
Everything
BUT YOUR
SAVINGS
RENT
FOOD
CLOTHING
HEAT
TAXES
WATER
CHITS
SAVINGS
SAVE SOMETHING
START NOW UNDERWRITERS: SAVINGS BANK
FOR THE FAR EAST, INC.
Arla Life Buliding
Auctioneers Is It Insured? ?
Hong Kong 5th. March; 1935,5/
DO YOU WANT
YOUR SOUL SAVED 7· DO YOU BELIEVE"
..
IN MIRACLES 7 THE MIRACLE
WOMAN
IS IN TOWN 111
** Insurance --- All Clasota
LOWEST RATES American Asiatic Underwriters Fed, Inc., U.S.A. General Agenta
الحمد
Head Office 17. The Band
-Shanghai
S. E. Levy &a
-7, ICE HOUSE STREET
INVESTMENT BANKERS SCHRORARY
March,
1975,
will be sub-
MENBENA
All claims against 4 key taust
be presented to the Bygdeurdie on
er before the 26th March,
they will not be recopi
Zo
Want comply
with
1035,
or
the Cast Bonded Regular Congres Revenue of £31 nd-
must have Reven ance when examined.
broken, phat p Goods are to be left
where they will bar
9th March 1885; 3 at 10am. Massen, Goddard, mod. By HK Govt 4% L
6%%%% No Pl
Fire Insurance vaj prem b. 6% % prem
TANK BILL of Lading; willi H.K Govt. 86% Loan %% pre
Wallace HarpaÍS 3736 m2
GIBB
Heng Konth March
SITE
NEW YORK COTTON. EXCHANGE
COMMODITY EXCHANGE, INC. N.Y
· CHICAOD', BOARD OF TKA”
CANADIAN COMMODITY SPAGUANOB, ING,
CORRESPONDENTE SPA
HE, Offès
Aula Life Building
Tel 30284