BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorized Capital
$50,000,000 Issued and Fully Paid-up... 20,000,000 iReserve Funda:-
Sterling 2. 0,500,000", Silver
$10,000,000
Reserve Liability, of Pro-.
prietors
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated: by Royal Charter, 1858. HEAD OFFICE: LONDON
Agencies, und. Branchen:
Follo
Paid-up Capital: Reserve Fund
20,000,000 Reserve Liability of Pro
'HEAD' OFFICE: HONGKONG.
prietors
.£8,000,000 £U, QUO,QUL
£2,000,000
Alor Star
Latitu
Rangoon Raipon
Dengkuh Batavia
Lobe
Cantes Capo
Lapor Kuching
Cebu
Hindras.
Colmabe Delki
Madan
Yougha
Halphnag
Hesburg
New York ripleg
Banker
BOARD OF DIRECTORS..
, B, Dedwell. F.
Chairmana,
CC. Knight, «q.
Deputy Chair)
W. H. Bell, Esq. K. S. Morrison Esq. Calencia
A. H. Compton Esq.,
M. T. Johnson Esq.
Hon. Mr. J. J. Paterson,
G. Miskin Esq., T. E. Pearce Exq
V. M. Grayhan, keg.`
Chlad Manager.
BRANCHES-
LONDON
AMOY
BANGKOK
BATAVIA
MOMWAY
-JALOUTTA
CANTOM..
OBEYOO COLOMBO DAIBAN
AND FOOCHOW
WAIPHONG HAMBURG WAKUW
ARBIN
INGREW
11-4420
T
TOHUBE
KOWLOON
KUALA LUMPUR
LYUNS
MALACCA
MANILA
MUAR (Johore)
MUKDEN
NEW YORK
PRIPING
PENANG
RASOCOR
SALOON
BAN FRANCISCO
SHANGHAI
SINDAPURT
FOURADAYA
HUXURI PATANI
TIENTSIN
TOXTU
TRINOTAO
YOKOHAMA
Pet Acouple epane | Loost OutrAES bad Fized Deposit received for our year o acer periods in Local Company and Burling
which will be Rubies on analipasion. Hong Kong. 6th April, 1835.
Harbin
BeerYour
kesanseled.
Ausban Ahanghai: Медерин Billawan Bourbo
Taiping Tinkla
(Bkuker)
Толовала
Zamboanga
Zorrigo Benkaags and General Banking boxin Current Amously opened and Fixed Deposite
A. BREARLEY.
Manager. Hong Kong, 1st. January, 1995.
recolted for ens past or shorter periods að2 rates | |which will be quoted-on applicatioma:
· SAFETY FIRST 1
To Safeguard Tom Valuablas and 'Jewelleries.
OUR
+
Deposit them in a, Vault "
that is reallyin FIRE-PROOF.::
BURGLAR-PROOF DAMP PROOF:1
SAFE: DEPOSIT VAULT
located on the Mezzanine Floor of Our New building; in Specially Con-
portant Qualities,
LOCAL DOLLAR RISES
Forward Silver Up
CHINA MAIL TUESDAY, APRIL 9, 1985
ommerce and
Finance
The local dollar has risen
opening on
LOCAL SHARES.
TO-DAY'S QUOTATION
The following is the list of local share quotations issued to-day:
- Banka S
2/0% and this morning at H.K Bank $1260 b., $1265/70/60||
Spot silver, remained steady at 28 7/16, while forward rose 1/16 to 23 0/16/IDE
The London on New York cross- rate was quoted at -US$4.83, as compared with S-U.S.$4.84% while the New York on London rate was quoted at -U.S.84.88 as Compared with U.S.$4.8412.
CANTON FERTILIZER FACTORIES
Construction To Begin Shortly
TO PREVENT MONEY FLOWING OUT OF PROVINCE
Canton, To-day...
In order to promote agricultural
H.K Bank (London) $125 „Chartered Bank £143⁄41⁄2 n Mercantile Bank A. & B, 1814 "Mercantile Bank C. 8181⁄2 në 'Bank of East Asia 89514 m.
Amr 0. Finance Corp.Shi$20 -China 0. Fin. Ord., Sh; $1.50, n. China O. Fin, Praf Bh. $41⁄2 {x:+
By Insurances; "Canton Ins. $260 n. Union. Ins. $420 b. China Underwriters: $1.80 n. China Fire Ins. $400 n. H.K. Fire Ina. $216 n. International Assce. Sh. $5 r.
Shipping.
Douglases $89, n. H.K. Steamboats, $71⁄4 1. Indo-Chinas, (Pref.), $80 m. Indo-Chinna (Def.), $38 m. Shells (Bearer) 58/11⁄2''n. Union Waterboats $11.
Mining. Autamoks 93 cts, n.
HONG KONG SAVINGS BANK. ́ ́structed to provide all of these Im-industry and prevent money from Balatoes $49 n..
HONG KONG AND BHANGHAI
Biy
You may obtain a Safe Deposit flowing out, the Provincial Depart- The Mosinees of the abers Back is out Box in this most up-to-date Vanit for ment of Reconstruction is rushing BASKING CORPORATION. - Bulan berated on application
PM THE HOND LONG AND SHANGHAI BANKING CORPORATION
V. M. GRAYBURN,"
Chis! Masses. Hong Kong, 25th February, 1935.
Inspection-Cordially Invited.
THE NATIONAL COMMERCIAL
your own use at a very moderate Ban preparations for the establishment of three fertilizer factories- fertilizer, nitrogen phosphorus fertilizer and potassium fertilizer.
The nitrogen fertilizer factory will comprise four departments, ammonia, nitric acid, nitrous acid, and sulphuric acid. The building
& SAVINGS BANK LTD. Cerner of Ice House Street-und-
Des Voeux Road, Central-
00.00 THE BANK OF CANTON, LTD. is now under construction. Opera
THE BANK OF EAST ASIA, LTD. Abiberland Capital
Hid-up Capti
Lumeera and Luditided Proßte
50,390,000,IM!
3,636,900.00
IEAR? DFT10%. HỌNG TUYE
11 Youn Road Cunil
BOARD UP DIRECTO18-
Ble Shou-se how, Chairma
La pau Chuu, Faq... P. X. Kwok, Zaqese
www
Established 1912. Head Offos-Hong Kong.
Authorised Capital
Paid-up Capital- Total Resources
I TOOK Rag., Cha: Ching Thok, Zaq., Li Tas Branches: Canton, Tolahan, Shang home made products.
Eng Dog Wong Che Yan, B. and an Ti Bankow, Bangkok & San Francisco.
Kan Tong Fo.. Paq.. Chali Mungur.
Lá The Four Eng. Manngut.
BBANCHES AND LOENOIDS an
Hesbur
Lemurse
Kagnak!
Shangka
Dainita
New York
Singapore
Oraks
1wale
bydney
Exte
Belgo
Tallow
Toky
BAD-Fracasos
okobams
Faria
Peiping Penang Ranges
Brir destin Strated.
Carret
Exchange of Banking and Lograted on approved
tion is expected to be started in the autumn of this year when the machinery will arrive.. $11,000,000 The building of the phosphorus 8,655,000 fertilizer factory has been com- 32,170,492 pleted.
Most of its machines are The birds' London Bankers: Lloyds Bank, Lid, excrement in Sai-sha Group Islands Foreign Exchange and Banking will be used as raw material;" business of every discription trans- The potassium fertilizer factory jacted:
Current Accounts opened and Fized is to be attached to the phosphorus Schemes of. Deposits racet red for one year, or fertilizer' factory. shorter perioda at rates which will be construction' are now under way- quoted on application:"
Central Press.
S
Safe Deposit Boxes (various pinas)'\" [fez bire.
LOOK POONG.SHAN, RAW RUBBER PRICES
THB.
Chief Manager
F AMERICAN EXPRESS COMPANY;
Accounts speed in Level Outrune' Deporita site for ot aborter perioda is Lora and Forden Curranciat a meme which will be quoted on application.
Bale Import Loss To
KAN TONG PO.
CAPE Maskor.
ING.
Head Office-65; Broadway, New York
Capital
THE CHINA & SOUTH SEA BANK, Surplus
LIMITED:
(Incorporated in China)
Hent Office...Shangbai
Capital
Reserve
Branches
.U.S.86.900,000.00 2,087,112.49 1,995,528.81.
Reserved
BRANCHES
A
MILAN
G
Athens
The Hague
Haplu
$7,500,000.00
AN
Pirame
.$1,500,000.00
All Important Cities
In China
Barilu Bombay Brasan Brummela
Parks Paipin
Calro
Calculia
Ca
Heidelberg Interlaken Jerusalem London Liverpool Lauerha
Foreign Exchange and Generat Banking Business transacted.
Current and Saving Accounts opened and Fixed Deposits received for ene Sear or shorter periods at rates which will be quoted on application
Heine
Colombo Logcao
Copenhagen
Nubil
Pisborg
Forsm
Оквета
Manager.
SOU Z. CHANG,
เธ
HONG KONG BRANCH 24, Des Voeux Road, Central, Manager's OfficeTel 38365 88688 Foreign Exchange Dept.
13567 14.88569
General Office
Cashier's Office
THE YOKOHAMA SPECIE BANK LIMITED."
Established 1850
Capital (fully paid-up) Yen.100,000,000 Ten.126,800,000
"Reserve Fond??.
Head Office:-YOKOHAMA
Branches and Ageneles at:
Alexandria
Batavia
Berlin
Bombay
Calcutta
Canton
Nagoyaie New York Oasks
Paris Pelping
Dairen (Dainy) · Rangoon Fengtien (Mukden) Rio de Janeiro
San Francisco
Kong Sh
Hamburg
Hankow
Harbin
Hilakleg
Karachi
Keberke London"
י,
Palerma
BetterTa Bema Bhurghad Bowlbarn phen
Tenkla Taormina
Marudion
Monis 'Certa
Manila
Kuolab
Перва Vanice Yokohama Zurich
Monaux
Latest Quotations From Singapore
Mesars. H. B. Joseph and Co. have received the following Straits eur: rency quotations from Singapore for Raw Rubber.....
Spot 17 down.. July-Sept. 19 % down : Oct-Dec. 20 % down.
Market: Flat
Selling price. cent, higher on all positions.
NEW YORK STOCK EXCHANGE
Reuter Quotations
April 9. The following quotations from New York have been received by Reuter
cloes 10.20
11.00 Branches of American Express Com pany In Principal cities of United N.Y/London cross-rate 4.84% 4.83% States of Amerien and Canadazker NY Cotton July
NY. Rubber- July
All classes of Commercial Banking Chicago Wheat May
Transactions undertaken,
Personal investment accounts handled.
11.05 11:16
11.20 11.13
94% 95
844 80% 62.75 63.06
108.04 102.65
29.76 29.12 84 of 17.70 17.01 09 off
Chicago Corn-May Montreal Silver May
Dow Jones 80 Industrials 20 Rallaretk The Company offers to intending 20 Utilities Travellers the use of its travelam 40 Bonds 94.88 94.48 10 up Cheques and Letters of Credit and, 11 Commodity
addition, the world-wide, Carvice fits thoroughly equipped Travel De Se partment.
Index 56.07 50.68 10-Léading Blocks ¦
Cúp
Amer Smelting Auburn 499
17%
28
E. W. DUGGAN, Cave, JANGA
Manager, El Bo & Sh
Gen Motors fist. Tel, and
Montgomery P Nat Distillera
U.S. Bleel
THE WING ON BANK NT Central,
·LIMITED
Head Office: Hongkong. 26, Des Voeux Road Central Authorised Capital $10,000,000
LONDON-BANKERS Westminster: Band, Ltd. Foreign Exchange and every des tion of banking businesses
Accounts 23.
Abonened bis Fixed?
received at
on application Special Specia depost
Trusteeship taken
Bare
THE SHANGHAI COL & SAVINGS BANK-
Bagulo Gold 35 cts. n. Benguet Consolidated $14 n. Benguet Exploration 15 cts, n. Benguet Goldfeld 10 cta, m, Big Wedge 10 cts. n. Gold Creek 40 ctá. n. Gold Rivers 10 cta. b. Ipo Mining $1% n.
Itegans 42 cts. n.
Salacots 16 cts. n.,. Kailan Mining Ad. 15/-`n. Langkats (Single) Sh. $15 n S'hal Exploration Sh. $5 m S'hal Loans; Shi, $6 m2 Raube $51⁄21⁄21⁄21⁄21⁄2n. Venz; Goldfeld $5 v. ̈
Docks, etc. H.K. Wharves $91 n., Cum: rts. H.K. Wharves ex right 19011⁄2 n H.K Wharves right $11 b. H.K Dock (No Quotations) Providents (old) $1\n. : Providents (new) 20. cts. n. Hongkowa, Sh. #809 n. New Engineering Sh. $5 S'hai Docka, Sh. $120 n.
Cotton Mid":"
Ewo Cottons Sh. $8.80 n.
m
NEW YORK STOCK
MARKET
Higher Prices Still Should Be Seen
PROFIT-TAKING IN UTILITIES
"D RECOMMENDED
In their market report, Mesera S. E. Levy and Company, corres- pondents for Messrs. White Wald and Company, New York state:
Been.
IMPROVEMENT IN EMPLOYMENT
LABOUR MINISTRY
RETURNS
London, To-day,
* A subslantial Improvemen
yment is revealed by the monthly returns of the La- bour Ministry, which were is 'sued"last" night,p;
These show that, there were 119,- 000 more insured persons at work
Stocke: In spite of the minor setbacks, we are still of the opinion on March 26 than the month be fore, and 189,000 more than the that higher prices will ba However, we would recommend year before. On that date there ment Exchanges 1,740,277 wholly trading profits in utility issues were on the books of the employ- owing to the rapid advance in the last few days. We think that it la unemployed, $17,010 temporarily stopped, and 89,683 normally in advisable to defer the selling of other stocks Business dono: 710, casual employment. The total of these was 131,593 less than the 000 shares.
month before,
"Grains: Buying has diminished at the higher level of prices. We
puring the month there was an
recommend profit-taking on ad- improvement in employment in vances and fresh buying on set (nearly all the principal Industries, and particularly in the building backs. Total sales: Whest: 9,202 tradesBritish Wireless Service.
6,792,000
1000
bushels
bushels.
Corn:
"Cotton There was some shorts
covering in new crop cotton. Price COMMODITY PRICES
fixing was the principal support for nearby options.
May
Closing Closing"
10.99 11.09
The following quotations" have "Rubber: Trading was somewhat been received by Reuter restricted owing to the uncertainty New York Cotton: regarding the monetary situation in
Apr. 7 Apr. 8. Holland. Demand, for consumption was quiet. Total sales: 68 lots."
"There are fair rains in the July Grain sections, except in Western October Kansas where the weather is dry. December
"Flashes: Mill activity la esti- Jan. (1986) mated at 49.8 per cent. of capacity. March against 44.4 per cent, the previous Spot week-Reuter
11.05 11.16
10.84
10.69 10.74 10.90 10.78 10.92
New York Rubber:-Ag
E. A. Pierce And Co's Report May In their market report,
poration, correspondents Messrs. E. A. Pierce and Company December.
of New York state:
“Stocks: The United States' Chicago Wheat:
SHOWING COLONYA
FREDERICK WHITE & GILBERT CHURCH PRESENTS The Lost Chord
BASED ON SIR "ARTHUR: SULLIVAN'S IMMORTAL SONG "with"
JOHN STUART MARY GLYNNE ELISABETH ALLAN
Julius Hagen British
Production THURSDAY
STAR
at the
Everything
SAVINGS
RENT
FOOD
CLOTHING
HEAT
10.83 10.99
11.30
11.40
gone
11.07
11.02 -
BUT YOUR
the July
11.20
11.13.
American Oriental Finance Cor-
September
11.84
11,31
for October
11.43 11.38
11.60 11.52
January
11.68 11.58
Supreme Court rendered no deci- May
94% 954
91% 927%
91% 92
862
78
80%.
73%
75%
| |
87%
87%
TAXES
wis support on all dips.
Henvy July
87%
877%
profit-taking was well absorbed. New York Sugar: The dry sections of the grain belt
Old New Old New
alon to-day in connexion with the July railroad companies. Pension case ||September and the market turned rather Chicago Corn:- heavy this afternoon.
May. Short covering and July
“Grains; — commission house buying was fair-
September
ly general in all grains at the Winnipeg Wheat:-- opening of to-day's 'session. There May
have received little rainfall May "Cotton: The undertone was July firmer. The near-month premium September... Shanghai Cotton (old) Sh.$74 n. over distant positions continues December S'hai, Cottons" (new) $45) m. Zoong Bings Sh. 39.80 1. Wing On Textiles, Sh. $55′n.
Lands, Hotels, etc. H.K. and S, Hotel. 84.80 n. H.K. Lands $42 n. 'H.K.' '. Land ̈- 4%
102% n Shangha! Lands Sh. $18.n. Metropolitan Lands, Sh. $12.20
· Humphreys, 191⁄2 D.
H.K. Realties $5:10 nă
Debentures
Asia Realties "A". Sh. $100 D.
·Asia Realties, "F" Sh. $15 m. Chinese Estates $80 n. China Realties Sh, $9,60 m. China Debentures: 8h.$128 n.
Public Utilities th
H.K. Tramways $15.70/90-să. Peak Trams (old) 88% n. Peak Trams(new), $6 n.. Star Ferries 890 A
Yaumati Ferries $22 n.
narrow, due to liquidation of May Jan. (1086) and July cotton New buying has New York Bilk:- been mostly for distant options. May We believe that purchases on dips July ... is the best policy.
"Rubber quiet,
September." This market was Montreal Silver:
May Commission houses July were the principal buyers, whilst September.
open ateady after a weak
-2.26 2.28, 2.26 2.25 2.82′2.81' 2.82'2.81 2:67 2.36 2.88 2,87 2,43,2.41 2:45 2,43 2.31 2.81 2.86 2.83
1.31;
182 1.800.1.31 1:291⁄2 1.80%
62.75
63.05
63.45
68.70
64.15
84:45
n. dealers, were small sellers. There
was some-selling against Actuala. New York Metals The Trade was not inclined to sell here.:
December
65,20
05.50
Apr.
(Continued on Page 7)
Copper Jan. Tin Jan.
7.00
7.07
48.85
48.45
· Latest - Quotations
The following quotations have been received by Renter.
Prev. To-day's elona" close NYLandon 4.81 482 4.82 NY Cotton July 11.05 11.07 11.07 #Oct. 10,89 10.71 10.73
11.2011.00-10.97 11.3411.10 11:10
C. Lights $9.60 b., $9.65 8., 19.70 NY Rabber July
H.K. Electrics $65 bi
Macao Electrics 325 ..
Sept
C. Wheat May
94% 91%
84%1⁄2
8714
Sandakan Light 88 B.Com May
W. Wheat May 2 Telephone (old) $203⁄4 0, $231⁄2 STOCKS ——
80.
Telephone (new) $10.10 n....... China Busca Sh. $12.40 m. 20
Amer Smelting. 8376)
Is it Insured?
*)
E LOWEST RATES
American Astatic: Underwriters
Fed. Iny U.S.AMA
General Agenta
*** 95% **
92% 85% 8732
Head Office
17, The Bund
"Shangkat)
Du Fonts791740
Con Gae NY 20% 20%
Eled Bond & Sh7%
Gen. Motors 26%
28%
Int. Tel & Tel 73
74
An Industrials
Leep's Inc.,
36%
36%
80%
Molabon Sugar 6831⁄2, ma
pa
fonts Ward
24
24
Cald: Macg. (Ord.), Sh. $16 n
Nat Distillers
21%
[NY Central), A
30
89% 80
Singapore Traction 10/8 n.
Singapore Pref. 20/6 m.
* Cald: Macg. (Pret.), Sh; $16 n.
Canton Ices $2% m
⠀⠀⠀ Cementa $61⁄2. n., Converted. 49HLE Ropes $2.60 n.
Mr Stores ele Dairy Farms $19.20 sa... Watson $4 na Lane, Crawfords $8.75 Mackintoshs 21 124 Sinceres $8 n.JAMS Wm, Fowells, 70 etr. n. Wing On (HK) $105.
Miscellaneona.“). HK. Amuramenta $1.85 n. Entertainments $6.40 8.0Enterprises
Macao "Greyhounds”, $2 nig
(old): $1.70%
485 eta. n..
6% 1925 GBB4
Loans
Standard Of NJ 80% US Steel
has
RELIEF WORK IN CANTON
To Be Ready In A Few Months
¿Canton
Provincia)
-
HE. Ofice
Asia Láfö
Tel. 30234
WATER
CHITS
SAVINGS
SAVE SOMETHING
START NOW
UNDERWRITERS
SAVINGS BANK
FOR THE FAR EAST,
INC.
Asia Lifa Buliding Hoa: Loay
Tel: 30284
PLASONABLE
THE NEWSPAPER
PRICES
S. E. Levy & Co.
17, ICH HOUSE STREET
INVESTMRAT BANEERS 4" BROKRDE
"COTTON LICHANGE.
EXCHAN RINGUM.Y.
CANADIAN) COMMODITY: