BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Reserve Liability of Pro-
$50,000,000 20,000,000
BEAD OFFLOZÍ HONGKONU. BOARD OF DIRECTORS.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1883. HEAD OFFICE: LONDON Paid-up Capital
"Authorised Capital
Inated and Fully Paid-up.
Reserve Funds:-
Storling
£ 6,500,000
Silver
$10,000,000
prietors
20,000,00
Reserve Food
Reserve Liability of Pro-
prietors
£3,000,000 £8,000,000
.£3,000,000
Agencies and Branches:
Aloe Blas
Lameltest
1pok
Bangkok
Kirola
REDFOOD Belgon Semarang
Xiang
Cale
Dorabey
Robe
Kuala
Lumpat
Lawopors
Kuching
Cebu
Madras
Dolombe
lileolita
DUM
Medan
Halpbnag
New York
Hamburg
KH. Dodwell. Enge
Chairman,
C. U. Hnight, Reg.
Deputy Chairman.
W. H. Bell, Esq. K. S. Morrison Esq.,
A. H. Compton Esq.,
Hon Mr. J. J. Paterson,
Hon. Mr. G. G. S. Mackie,
G."Miskin Esq., T. E. Pearce Esq.,
AMOT
RANGEUR BATAVIA MONDAY DALOUTTA CANTON #BEFOO OGLODO DATHER POOCHOW TIIPHONG HAMBUR ANIOW HAZEIN
-WONGKEW
TO
1
OWLOOX
Y. M. Oraybar, bag.
Chief Manage/
*DRANCHES —
KUALA LUMPUR LONDON
LYONA
MALACOA
MANILA
MUAR Labore)
- MURDEN
NEW YORK
PEIPINO
PENAKO
RANDOUN
HAIGON
BAN PRANOI800
RIIANOMAT
BINGAPORE
HOURABAYA
RINGEI PATANI-
TIENTSIN
TOKYO
THINOTAG YOKOHAMA
-Curries Amounts opened in Loos! Correars. and Fixed Deposti reived for DT OF ar periods in "Local Company, and Barling 'army which will be quoted on application. Hong Kong, 25th February, 1835,
HONG KONG SAVINGS BANK.
Hashow Warbid
Pdplay
(Fox)
Tisade
Rhangel Singapore 8ltiewen Bourabay Taiping.
Terlets.
(linker) Megtan
Yokosema Zambongs
Formiga Krokangs and Casual Basking koma Current Accouste opened and led Deposite Model for a you or shorter perioda si which will he quoted on appilation.
A. BREARLEY.
Manager. Hong Kong, 1st. January, 1985.
SAFETY FIRST!
To Safeguard Your Valuable and Jewelleries. Deposit them in a Vault
that is really FIREPROOF BURGLAR-PROOF DAMP PROOF!
OUR SAFE DEPOSIT VAULT
THE CHINA MAIL, THURSDAY, MARCH 21, 1935
Commerce and
Finance
LOCAL DOLLAR ADVANCES
Silver Prices Drop
The local dollar advanced% opening on demand this morning at 1/11-
Spot and forward silver prices decline 8/16, being quoted at 27% and 27 3/16, rospectively..
The London on New York' cross- rate was quoted at £-U.S.$4.76%, as compared with U.S.$4.78, while the New York on London rate was quoted at US$4.763⁄41⁄4, as compared with £U.S.$4.784.
COMMODITY PRICES
The following quotations have been received by Reuter. New York Cotton:-
March
May.
July
October
January (1936)
located on the Messanins Floor of December Our New building is Specially Con structed to provide all, of these Im-
Spot portant Qualities.
You may
obtain a Safe Deposit New York Rubber:- Box in this most up-to-date Vault for March FAR THE HONG KONG AND SHANGBAL YOUR OWD.se at a very moderate Ren May
The Beaten of the spore Bakla sendant- She HONG KONG AND SHANDHAI WANKING CORPORATION. Bules may de
ined on application.
MANKIND CORPORATION
ta).
Chief Manama;
1. M. GRATHURK,
Hong Kong, 25th February, 1925.
THE BANK OF EAST ASIA, LTD.
Kushorised – Cerial
Baby Onlin
Beserve and Undyed Froße
14 Ko
.810,000,000,00 .....00
HEAD OFFICE-RONG KONG
De Vars Band Central
MARD OF DIRECTORS— Bihouse Chase, Chairman
Cher E24. P. K. Kwak, E. Winog Yan Tong, E. Chia Uning bak, Reg Lễ Lang L, Wong Chu Ban, ag, and an Ti
Tas Too Po. Fag.. Chalet Manager.
·li Tu Fóng. Pe Manage
BRANDRES AND AGENCIES-
Manila
Melle
Bentile
Nav-ki
Semarang - Ehanghai
New York
Osake
PATIE
Harker
Priping
ourabaya
hyday
Proang
Balgon Ham France
Tokre
Takakaane Maryscription Banking and Exchange blade Arassaoled, Leane grated an approved Durant Arocante opened in Loval Curren and Fited theposits repalved for your we beriar perinde in Local a Forsign Currencies worms which will be quoted on applicatiem.
Safe Deposit Boys To Lat.
TONG YO,
THE BANK OF TAIWAN, LTD.
Hrad Office:-Talhaku, Formosu, Incorporated in Japan by Specia) Imperial Charter, 1899,
Central Bank of Formosa,
Nolan fasued Average, amount Y.45,000,000
Branches and Agenden, Japani-Kobe, Onaka Tokyo, Yoko hans, Keelung, Makong, Nanto, Shoha, Shinchiku, Taicha, Tainan, Tako, Takao, Tamsul, Toen, Karenko. Kagi, Helto, Giran:
China Shanghai, Swato
Canton, Foochow, Han- Others:-Bombay, Hong Kong, London, New York, Singapore, Batavia, Bamarang, Soerabaya, Dairen.
On. And after April 20th, 1984, the rate of Interest on Special Current Dennait will be at 1% pa. on daily balance and the rate for balance. Over 814000 will be quoted on application (Maximum rate-136).
Y. OHNO,
Manager.
..
Hong Kong Branch
8, Des Voeux Road, Central
THE YOKOHAMA SPECIE BANK
LIMITED...
Katablished 1880
Capital (fully paid-up) Yen.100,000,000 Yen.125,800,000 Iteserve Fand
Head Office:-YOKOHAMA
Branches and Agencies at:
New York
Alexandria
Batavin
Nagasaki Nagoya
Burlis
Bombay
Galentta
Canton
Dairen. (Dalny)·
Bankow
Harbin
Henofalu
Heinidiag
Karachi Kobe ****
•London Zon: Angel
Intars
Osaka Faris Pelping
Bangoon (Mukden) Rio de Janeiro
Seattle
Bun, Francisco,
Semarang Shanghal
Singapore
Telngtan Yingkow
retes to be obtained
-Kong:31th
LOCAL SHARES.
TO-DAY'S QUOTATION
TRADE OF COLONY
Combined Figures For February
DECREASE IN IMPORTS
AND EXPORTS
NEWS ADVERTISEMENTS
T
QUEEN'S COLLEGE
PUBLIC AUCTION
THE undersigned have received Instructions to all by Publie
Auction
Friday, the 22nd March, 1995 commencing at 11 a.m.
at their Sales Room, Duddell Street
THE 20TH ANNUAL ATHLETIC SPORTS will take place on Queen's College Ground, Causeway The Statistical Office of the Bay, on SATURDAY March 30 Imports and Exports Depart commencing at 2 pm.
Mrs. G. R. Sayer has kindly 'con ment reports that during the sented to distribute the prizes.
A hearty invitation is extended to Light Summer Tweed, Equatorial
English Tusser and Palm Beach.
The following is the list of local month of February, 1995, the share quotations issued to-day
Banks. ⠀⠀⠀
combined values of imports into all friends. and exports from the Colony of Hong Kong amounted to $49:4 millions (£4.4 millions), aa com- n.pared with $51.8 millions (£9.9)
H.K. Bank: $1810's.'' H.K. Bank (London) £120 Chartered Bank $15% n. Mercantile Bank A. & B. #81% Mercantile Bank C. £181⁄2 n. Bank of East Asia $8531⁄2"n. Am: 0. Finance Corp., Sh.$20 .. China Q. Fin. Ord., Sb. $1.80 China G.. Fin. Pref Sh. $4% n
Insurances."
Canton Inc. $260 m. Union Ins. $4171⁄2" b. China Underwriters. $1 n. China Fire Ins. $400 n. H.K. Fire Ins. $220 n. International Assce. Sh. $5 n.
Shipping.
Douglases $391⁄2 n.. H.K. Steamboats;-$71⁄41⁄2 1. Indo-Chinas (Pref.), $80 n. Indo-Chinas (Def.), $85 m.
Benguet Consolidated $14 n.
Mar. 19. Mar. 20.
10.62
10.66
10.70
10.73
10.76
10.79
10.39 10.40
10.46 .10.48 10.50 10.52 10.95 11.00
Shells (Bearer) $46/101⁄2 n Union. Waterboats $12 n.
Mining.
Antamoks 90' cts, b
Balatoes $48 n........
Baguio Gold 89 cts. n.
December Chicago Wheat:—
10.89 11.08. 10.93b 11.11 11.04 11.24 11.20 11.38 11.25 11.44 11.40
11.64.
May... July
91%
9334
*8834
91%
88%
91
Chicago Corn:-
Head Offer:-Hong Kong.
May .... July
774
78% 73% 74%
$11,000,000 September
70
71%
Paid-up Capital
Total Resources
12,170,10 May ...
July
84 834 82% 83%
July Inspection. Cordially Invited. THE NATIONAL COMMERCIAL September
October
& SAVINGS BANK, LTD. Carner of Ice Hegen Street_and De Voeux Road, Central
THE BANK OF CANTON, LTD. September
Established 1912.
Authorised Capital
8,855,000 Winnipeg Wheat:-
Branchen: Canton, Tolahan, Shanghai, Hankow, Bangkok & San Francisco. London Bankers: Lloyds Bank, La.,New York Sugar:
and Foreign Exchange Banking business of every discription trans- March acted.
Current Accounts opened and Fixed May Deponita reestred for one year or July shorter periods at rates which will be Sept. quoted on application.
Safe Deposit Boxes (various sizes) for hire.
LOOK POONG BHAN,
'Chief Manager
TEB
Old New Old New. 2.19 2.10 2.12 2.09b 2.14 2.14 2.13 2.13 2:20, 220 2.20 2.19 2.25 - 2.25 2.25 2.24 2.82 2.30 2.31 2.29
Benguet Exploration 15 ets. b.. Benguet Goldfield 10 cts. I Big Wedge, 10 cta. n. 'Gold Creek 381⁄2 cta, n. Gold Rivers 17 cts. n. Ipo Mining $11⁄4 n. Itogans 42 cta. n.
Salacots 16 cia. n.
Kailan (Single) 16/6 m.
Langkata (Single) Sh. $15
S'hai Exploration Sh. $5 n. S'hai Loans, Sh. $6 n. Rauba $5.15.n. Venz; Goldfield $5 n.
Docks, etc. H.K. Wharves $98 8. Cum rts. H.K. Dock $91⁄4 n.. Providents (old), $1.20 n. Providents (new) 20 ets. n. Hongkowa, Sh. $809 m. 1. New Engineering Sh. $5 s. S'hal Docks, Sh. $120 n.
Cotton Mills.
Ewo Cottons Sh. $83⁄41⁄2 8., $8.35
ga.
Zoong Singa Sh. $9.80 n.
Dec. New York Sk;~ March May July
1.29
1.282
1.27
1.28
S'hal Cotton (vld) $74 m.
1.27
1.27
S'hai Cottons, (new) $46, ne
Montreal Silver:- March....
59.65
59.60 59.65 69.65 60.35 60.10 60.76 60.75
AMERICAN EXPRESS COMPANY, May
INC.
Head Offer:---65, Broadway,' New York
U.8.$6,000,000.00 2,087,112.69 1,995,528.81
Capital. Sarplos Reserves
· BRANCHES:
Árselerdam
Chanson
Antwerp
Glasg
Atham
The Hague
A
Ratapp
Beki
Berlin
Bombay Free
Brewal
Caire Calruste Селофа Colombe Copenhage Publia Télaborgh Fioren Osnem
Ілюто
Lugu
LATES
Hamburg Haw Heidelberg Interlakes Jerusalem Condes Liverpool
Marsillion
Monte Carlo
ها كمال
Munich
Morex
Witea Nice Napian Pinseca Parka reipia -Palet me
Shagha Bhampion Bluepri Tientate Taormina
Visons
Vantes
Yokohama
July September
b-bid,
NO HONG KONG AND SHANGHAI HOTELS LTD. DIVIDEND
The Profit for the year ended December 31, 1934, including Balance brought forward from the previous year of $188,239.30, amounted to $289,224.90, which the Directors, at the, forthcoming Or- dinary Yearly Meeting of Share- holders to be held on Thursday, April 25, 1985, will recommend carrying forward to next year's account.
Branches of American Express Com- THE CHINA & SOUTH SEA BANK,
jonny In Principal cities of United
States of Americs and Canada.
All classes of Commercial Banking Fransactions undertaken.
Personal Investment accounts handled,
· LIMITED
(Incorporated in China) Head Office.Shangħal
Capital
$7,505,000.00
Reserve
Wing On Textiles, Sh. 855 m. H.K. Wharves right $13 .. H.K. Wharyes, ex rights 807 8. Lands, Hotels, etc.
H.K. and S. Hotel $4.40 5. H.K. Lond $40.m.
5
H.K. Land": 4%. Debentures
102% n.
Shanghai Lands Sh. $16 n. Metropolitan Lands Sh. $12.20 Humphreys 59%1⁄2 n.
H.K. Realties $5.10 n. Asia Realties “A”, Sh. $100 ¤. Asia Realties "B" Sh. $15 n. Chinese Estates $98 n. Chine Realties Sh. $9.60. n. China Debentures Sh.$128 n.
Public Utilities H.K. Tramways $16.90 s., $17 ss. Peak Trams (old) $8% n. Peak Trams (new), $6 m. *. Star Ferries $89 n. Yaumzti Ferries 122 n. C. Lights 89 6., $1.15/9, 88. HK Electrice $65% 5. Macao Electrics $25 n. Sandakan. Light8. Telephone (old) $24 n.. Telephone (now) $10-n. China Busés Sh 312.40 n. Singapore Traction 10/8 n.
$1,500,000.00 Branches All Important Cities Singapore Pref. 20/6
in Chian Foreign Exchange and
General
The Company offers to intending Banking Business transacted. Travellers the use of its "Traveles Cheques" and Letters of Credit ands and Fixed Deposits received for one Current and Saving Accounts opened addition, the world-wide services Ita thoroughly equipped Travel De-year or shorter periods at rates which
will be quoted on {partment.
Opplication.
E. W. DUGGAN,
Harazer,
THE WING ON BANK LIMITED
Head Office: Kongkong, 26, Des Voeux Road Central- Authorised Capital: $10,000,000.
LONDON BANKERS Westminiler. Iand. Lid-- Foreign Exchange and every descrip- tion of banking businesses transacted.
Currentened Fixed Deposite Accounts and Savings
Z. CHANG,
Manager HONG KONG BRANCHT , Des Voeux Bord, Central Mariager's Office .. tel. 32545 Foreign Exchange Dept. ».
38566
· General® Office!
88567 Cashier's Office
85649
THE SHANGHAI COMMERCIAL & SAVINGS BANK” LIMITED, Uncorporated in Chiza) Capital paid up Reserres Capital Barings
Accounts received at rates which will be quoted Y on application Special rat
rates riven for
WABank Special deposite
Industrial
Trusteeship and Exsentorship ander- Laken. Bafo Depolit. Hoxes for hire.
PHILIP COCKCHIN
Chief Manager vo
L. GOCKCHINELI SHU TONG Aäst Manager TV Aust: Manager
4.
· Industrials⠀⠀
Malabon Sugár 181⁄21⁄2 D♫ Cald: Macg, (Ord.), Sh. $162 Cald: Macg, (Pref.), Eh. $16 n.. Canton Ices $2%
Cements converted $7:30 n.. H.K. Ropes 38.65 n
Stores, ele
Dairy Farms $19 Watsons $3%{m} *** Lane, Crawfords $8.75 1 Mackintoshs, $21 n/ Sinceres 38 n... Wm. Powells, 70 cts. n., Wing On (H.K.) $108 m.
Miscellaneous.
HH Amusements $1.85 D. Entertainments $6.40 ex. div, s 9.C. Enterprises; 81:85; M.; #Macko "Greyhounds”,
Constructions (old) 81.70 Construction (now) 50 cts, n. Vibro Plling $5 n
millions) in the corresponding period of 1994, representing a de- crease of 4.6 per cent. in terms of local currency and an increase of 12.8 per cent. in terms of ster ling values.
NEW YORK STOCK EXCHANGE
Volume Of Trading Insignificant
RUBBER EXPECTED TO RALLY FURTHER
A Quantity of Suit Lengths comprising
also
One Whippet Overland Motor Car in running order.
Terms: Cash on delivery
LAMMERT BROS.;
Auctioneers.
Hong Kong, 21st March, 1985.
COMPANY MEETINGS
T
UNION WATERBOAT CO4
*LIMITED.
Noticed to Shareholders.
THE THIRTIETH ANNUAL of
MEETING GENERAL
Imports of merchandise amount- jed to a declared value of $28.8 mil-
lions (£2.6 millions), as compared In their market report, "Menara. with $29.6 millions (£2,2 millions), S. E. Levy and Company, corres- whilst exports totalled $20.6 mil-pondents for Messrs. White Weld lions (£1.8 millions), as compared and Company New York state: with $22.2 millions (£1.7 millions): "Stocks: The volume of trading In terms of local currency, im- and the general price change was ports declined by 2.7 per cent, and insignificant, but the special weak- exports by 7.2 per cent, whilst in ness of Tobacco issues discloses that SHAREHOLDERS will be held in terms of sterling values imports the market. is still vulnerable, the Offices of Messrs., Dodwell & Co., Ltd., on WEDNESDAY, 3rd: increased by 18.2 per cent., and ex-Business done:-490,000 shares.
"Grains: There were severe dust April, 1935, at 11 am. for the pur- ports by 5.9 per cent..
Total Imports during the first storms in Kansas and some sections pose of receiving the report of the two months of the year 1995 of Oklahoma. Total sales: Wheat: General Managers together with amounted to $63.1 millions (£5.6 10,815,000 bushels, Corn: 8,278,000 statement of Accounts to 31st De
cember, 1984. millions), as compared with $62.1 bushels.
The TRANSFER BOOKS of the millions. (£4.6 millions) in the cor "Cotton: The continued confidence responding period of 1934, whilst shown by the market in nearby op. Company will be CLOSED from exports amounted to $47.4 millions tions indicates a small reversal of the 23rd March to 3rd April, 1985,
both dates inclusive. | (£4.2 millions), as compared with the trend.
DODWELL & CO., LTD. $49.6 millions (£3.7 millions),
General Managers.
"Rubber: The rally experienced
In terms of local currency im-to-day fa expected to carry further. ports increased by 1,6 per cent. in Better outside buying is appearing Hong Kong, 10th March, 1935.
Total sales-378) the first two months of 1935, as on the market.
compared with the corresponding lots. period of 1934, and exports de-
"Flash: Average daily petroleum
ened by 4.4 per cent., whilet sterl-production for the week ended ing values showed increases of March 16 was estimated at 2,606,000 The weekly electricity 21.7 per cent, in the case of im-barrels, ports, and 13.5 per cent. in the production totalled case of Imports, and 13.5 per cent. k.w.h, an increase of 4.7 per cent. as compared with last year."-Reu- in the case of exports.
iter.
POSTAL TRAFFIC
· RECEIPTS :
Increase In Britain
1,728,000,000
E. A Pierce And Co's' Report.
In their market report, the|| American Oriental. Finance Cor poration,
"for correspondents Mesars. E., A, Pierce, and Company of New York state-
"Stocks: The failure of yesterday's rally to attract a following ia dis- London, To-day.
The heaviness of To appointing. The Return of British postal bacco issues is due to the reported traffic receipts shows that, apart State Tax and fears of a hindering from May 1984, receipts have influence on the list as a whole, been higher than in the corres- "Grains: The reporting of several ponding month of the previous dust storms was the influence caus- year for each month since the end]
ing to-day's advance in wheat prices. of 1982, the increase for February The final report of the day gave 1936 "being 2.2 per cent.
The Transport Minister, Mr. damage to the winter wheat crop is new crops most strength, while the Hore-Belisha, stated yesterday in the result of drifting soil. The reply to a Ferkamentary question corn market followed wheat. It is that, as a result of the enforce-rumoured that charters have been .ment of the 80-miles per hour
made for a shipment of corn from speed limit, traffic generally -- was
a Black Sea port to the United moving at a more uniform rate,
States: and its average speed was little, if any, lower than before-British Wireless Service.
RAW RUBBER PRICES
Latest Quotations From Singapore
(Continued on Page 7)
Is It Insured? ?
Insurance All Clauses
LOWEST RATES P
: American Asiatic Underwriters
Fed. Ino. U.S.A.
General Agents
Messrs. H, B. Joseph and Com pany have received the following Head Omee Strails currency quotations from 17, The Bund Bingapore for Eaw Rubber.
Spot 18,8/8 Up 1/8
April-June 19. 3/8 Up 1/8 July-Sept. 20 5/8 Up 1/8 Market:-Quiet.
ITALY'S NEW PORT OF BARL
(Continued from Page ́8)
We splashed through the mud over the interminable distance to the Customs, where the police offered the warmth of a charcoal) brazier and hospitable cigarettes, while formalities including the ex- amination by the Customs of Bruce Lockhart's "Retreat from Glory" as probably subversive literature-- were
completed RAD
D.At last, ong could startatnson thei final stage na motor drive along an execrable road to the capital, over diamalawamps which at places
Ch. Govt 5% 1925, G$Bdswept ayer the road in gre tor-1
rents
“H.K. Govt, 4% Loan. 6%% prem, teleg
H.K Govt 84% Losa 2% prem
Sitive
twisted
·Shanghaf
H.E.Ofer Anda Life Building
Tel. 20234
Everything
gone
. BUT YOUR
SAVINGS
RENT
FOOD
CLOTHING
HEAT
TAXES
WATER
CHITS
SAVINGS
SAVE SOMETHING
START NOW UNDERWRITERS
SAVINGS BANK
FOR THE FAR EAST,
INC.
Azia Lifa Building Hong Kong. Tel 80234"
S. E. Levy & Co.
'7,′ ICH HOUSE STREET
INVESTMENT BANKERS & BROKERS ·
MEMBERS
NEW YORK "COTTON, EXCHANGE COMMODITY EXCHANGE, INC. N.T: CHICAGO BOARD OF TRADE CANADIAN COMMODITY KECHANGE,