BANKS
HONG KONG AND SHANGHAI
BANKING CORPORATION.
Authorised Capital
Isued and Fully Paid-up
$60,000,000 20,000,000
Reserve Funds:
Sterling
£. 6,500,000
Silver $10,000,000
Reserve Liability of Pro-
prietors
·KLAD OFFICE, BUNGEONG..:
BOARD OF DIRECTORU,
3, 11. Bardwell. Deq!
Oksirms,
0 C. Knight, zq.
Tepaly Chairman,
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,
Incorporated by Royal Charter, 1858. BEAD OFFICE: LONDON.
Paid-up Capital
Ipek
track
Reserve Fund
£3,000,000 $8,000,000
20,000,000
Reserve Liability of Pro
prietors
.£3,000,000€
Agencies and Branches:
Llor Star
Talle
RaDroon
Ampliar
Вдов
Fungh
Semaran
Balkris
ADE
|Bombay
Tobe
Skaoghal
Calevita
Билья
C
tempor Bran
Cawupora
Kuchlog
Bencabaya,
Cala
Madron
Taiping
Colombo
Menila
Tiamiin
Delhi
Кодия
Tong
Helphong Hamburg
New York
Tangino
W. H. Bell, Esq. K. S. Morrison Eng.,
A. H. Compton Exq.,
31. Johnson Esq.
Hon. Mr. J. J. Paterson,.
G. Miskin Esq.,
KUBAY PALCUTTA
CANTON
T. E. Pearce Esq,
7. M. Gaybarn, Kog..
Chis! Manight.
BRANCH-
KUALA LUMPUR LONDON
LYOKS
TAK (Johor)
PEIPING
PESAKO
RANODUS
SAIDON
MALACCA
MANILA
CHE 200
NIKDEN
NEW YORK
DATEN
NOOROW
MATPHONG
BAMBUNG
#ENKOW
FAN FRANCISCO
173
SHANGHAI
ANGREW
INGAPORE
LO
ik
SMEDE
CBE
BOWLOON
MIRADAYA
SUNDEL PATANI
TIESTSIN
TORYO
TRINOTAO
YOKOITAMA
Current Accouma opened In Tool Currency sed Pleak Dapolia recaived for one your. Or shontas pariode to Local Company and Stering iron which will be quand on ansiosta. Hong Kong, 6th April, 1935.
Er
Palping
(Parton)
•MORE.
Berbe
Tokobusta -Zamboanga
Hour Lon
Foreign Exchange and General Banking basis Current Accourte épound and Pized Expolia received for Gas y or shorter periode at rates which will be quoted 'on 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 ! :
located on the Moscanine Floor
of
THE CHINA MAIL, WEDNESDAY, APRIL 1
Commerce
Finance
NEW YORK STOCK MARKET
Profit-Taking Still Advisable
MANY FACTORS CONTRIBUTE TO PRESENT RALLY
In their market report, MessrU, S. E. Levy and Company, corres [pondents for Messrs. White Weld
and Company, New York state:
"Stocks We still believe that profit-taking in utility issues is advisable. The strength of the market this afternoon was based. firstly, on the fact that the market was in a sold-out" condition; Be condly, investment demand is flow- ing over from bonds into "dividend paying stocks; thirdly, the new Work Relief Bill is considered a
to bullish stimulant business; fourthly, business. sentiment is better fifthly the forthcoming change in the Stock Exchange ad-
OUR SAFE DEPOSIT VAULT ministration is viewed as a conces sion to the Liberal group, which Our New building is Specially Con-includes prominent floor traders HONG KONG SAVINGS BANK tracted to provide all of these Im who were active buyers in the
¡portant Qualities,
The Businer af the above Dank li ovukuat. AND CHANGHAI sisi HONG
WANKING, CORPO OXO, Eyles may b
bras e application.
FOR THE HONO XOXO AND BHANGHAI BASTING CORPORATION
P. H. ORATAUEN,
Chief Man, Hong Kong, 25th February, 1935.
THE BANK OF EAST ASIA, LTD.
----------- $70,000,000.00
Likaried Canflai`m Fulday Casinland 19
betorre and, l'odivided Proble 1,635,900,00
HEAD OFFICE-DONO ZONO
13. Der Vaz Road Contrai.
BOARD OF DIRECTORS:--
Tan Tong, P
Bir skou boy, Chairman, Tees Chau, F: Chit Shet, Eet la Tas 7. E* K***, **, Woon REA. Wong Exit bon, Seg. and Kan fing
In Tong Esq.; Chint Maungw IT FOOD. Esq. NabigeT. BRANCHES AND AGENCIES!—
4439
Bombay.
سامية
MelLourna
- Singmenki.
New York
Opsla
Beatin
Samaran Skogkal
Sis
bourbaga
Tarie
Hankow Kanalsiu
Priping
Syday
Peneba
Takboke
Rangoon
Tianisin
Comioon Lasion
Saigon
Tokyo
San Fran
TIDO Tokesma
Brors Messition of Bauhing and Exchange bacted. Lwens graziled on, approved
martino.
Current Arcount opened in Local Canc
Pized spoelia received
tal
early stages of to-day's rally;
You may obtain a Safe Deposit sixthly, Wall Street continues to Box in this most up-to-date Vault for hope that a favourable Supreme your own use at a very moderate Ban-Court decision will be rendered in connection with the Railroad Pen- Inspection Cordially Invited, THE NATIONAL COMMERCIAL sion Act. We expect a continua- tion of the rally to-morrow, but `& SAVINGS BANK, LTD,
reaching for stocks is not neces Carner of Ice House Street and
Business done: sarily advisable. Des Voeux Road, Contral
-960,000 shares.
"Grains; The cash markets for
THE BANK OF CANTON, LTD. coarse grains is strong. Supplies
· Established 1912.
Head Office:--Hong Kong,
are light' and the May position is tightening. Fears of rain are checking the buying of wheat.
Authorised CapitalTM ........... $11,000,000 Total sales: Wheat: 20,166,000' Paid-up Capital **** 8,655,000 bushels. Corn-19,130,000 bus-! Total Rasoirees..........
82,170,495 hels.
[Continued on Page 7)
Branches: Canton, Tolahan, Shanghai, Hankow, Bangkok & San Francisco. London Bankers: Lloyds Bank,, Ltd...
and Banking RAW RUBBER PRICES Foreign Exchange business of every discription trans- acted.
one year or
Current Accounts opened and Fixed Latest Quotations From Deposits recetrod for shorter periods at rates which will be quoted on application.
Safe Deposit Boxes (various sĪKAS) Le Mira:
LOOK POONG SHAR,
Chief Manager
THR
beriar paripde En Lecal and Forage Current AMERICAN EXPRESS COMPANY,
*Sorpus which will be used on "application.
Safe Deports Dases 20 1: TONG TO.
.INC.
IAN
Chief usager.
Head Ofce65, Broadway, New York
Capital
.1.8.$6,000,000.00 2,087,119.69 1,998,628.81
THE CHINA & SOUTH SEA BANK, Surplus
LIMITED
(Incorporated in China)
Head Office.Shangbai
Capital
Reserve
..$7,600,000.00
..$1,500,000.00
Branches All Important Cities
Foreign Exchange
In Chins
and General Banking Business transacted.
Remrven
Singapore
Messrs. H. B. Joseph and Co. have received the following. Straits. cur. rency quotations from Singapore for Raw Rubber.
Spot 18 Up Vá July-Sept. 19 % Up 4. Oct-Dec. 20%, Up
Market-Steady.
Selling price % cent higher on all positions,
THE MERCANTILE BANK OF INDIA, LTD.
HEAD OFFICE
34. Archurch Street, London, E.ON
Authorlied Capital
Reserve Fund & Rest
- BANKERST
The Bank of England * Midland BRANCHES AMA
BRANCHES:-
Amperban
„Gener
Glasgow
The Diagno
Milan
Naplan
Subscribed Capital
SATANG
Paid-up Capital.
BORKO Bertio Bombay Dremen
Bamburg BATTE Heidelberg
Bronska Caire
Jerusalem
London
Pelpli
Esterdams
Shanghr!
Bangkok
Ipob
Bothbay
Kandy
*Liverpool
Locarne
Calenta
Karachi
Coinmuo
Koth Bhara
Colombe Copenhagen Dublje Rdleburgh Flare Ústava
Larson
Zarmins
Kuala Lipla
Qalls.
Kuala Lümper ·
Monts Cade
Vardon Yokokama
Munich
Current and Saving Accounts opened Can and Fixed Deposits received for ons year or shorter periods at rates which
l be quoted on application.
800 2 2. CHANG,
Manager.
HONG KONG BRANCH: 24, Des Voeux Road, Central, Manager's Office Tel. 38686 Foreign Exchange Dept. 38666 General Ofica
Cashier's Office
88667
82569
THE YOKOHAMA SPECIE BANK LIMITED.
Established 1880
MEDIOUS
Branches of American Express Com pany in Principal cities of". Unfiad Btates of America and Canada.
All classes of Commercial Banking [Transactions; undertakeni
Personal investment accounts handled,
The Company offers to Intanding Travellers, the ass of la. "Travaloca Cheques", and Letters of Credit and, Capital (fully paid-up) Yen.106,600,000 In addition, the world-wide services Reserve Fund
Yen.125,800,000 ||
157-fts thoroughly equipped Travel;De-||
[partment.
› Head Office:—YOKOHAMA
Brunches and "Agencies "at:
Alexandria
Batavia
Berlin
Bombay
Calcutta
Canton Daley
Datren
“Nagasaki.
Nagoya New York DARKE Peiping
Rangoon
Fengtien (Maiden) Rio Je feneire
Hamburg
Lankow Harbin
Meinking
Karachi
San Francisco
Beattle
Somerang
Shangha
Singapore
Boerabaya Sydney
Tokyo Tsingtan Yingkow
E. W. DUGGAN,
Manager,
THE WING ON BANK LIMITED
Head Office: Hongkong. -26, Den Voeux Road Central”, Authorised Capital $10,000,000?
LONDON BANKERS Woatminster Band, Ltd.
Foreign Exchange and every descrip- tion of banking burmesies tranza
Current Accoimtai and
Accounts (opened "Fixed":
received: rates:
Jon application ecial rates, giv
Special depos
Bon Kont Понтий
£3,000,000
1,800,000
1,050,000
· 1,247,482-
Bank, 148. New York Penang Port Inila
(Mauritius)
Shanghai.
* Kuketan (Pahang)" Simila
Singapor
HONG KONG BRANOH
Every description of Banking, and Exchange bood
a trazzanetedek
Trevelar Chaquae jamak.
Trustee and Executorships under taken.
_INTEREST allowed on Current Accounts and Fixed Deponite on Matas hat mity be seertained on application.
PAREIL KENNEDY,"
Hong Kong, 1st April, 1985,
THE SHANGHAI CORIEKCIAL & SAVINGS BANK LIMITED
(Incorporated in Chias);
Capital paid up FUN$5,000,000. Reserves
$7,000,000. Capital Savings Dept. $800,000. Reserve, Bavings Dept. $800,000. C Head Ofen"
A Bank having sa ite mission the Industrial development of China and the fostering of hoe een TIMANT cial relations abroad.
Hong Kong offen=-7-Yen Ke
Is It Insured?
LOCAL SHARES.
TO-DAY'S QUOTATION
NEW YORK STOCK H.K. ENGINEERING
EXCHANGE
Renter Quotations.
April 10.
The following quotations from New York have been received by Reuter"
N.Y./London cross-rate
Lase
close 10.20 11.00
N.Y. Cotton-Julyg
Chicago Wheat-May 95%
4.84
AND CONSTRUCTION
COMPANY LIMITED
Loss On Year's Work Reported
NEW ADVERTISEMENTS
CHINESE CUSTOMS
-NOTIFICATION
CTING under instructions from
the Inspector General
taken over charge of the Chinese Maritime Customs for Kowloon and District from Mr. E. HATHURST,
Acting Deputy Commissioner in charge, ad interim
A. S. CAMPBELL,
ELSE ANNUAL MEETING ON APRIL 24 Chinese Customs, I have this day
1116 11.34 The thirteenth annual general The following is the list of local N.Y. Rubber-July 11.13 1148 meeting of the Hong Kong -En- share quotations issued to-day Chicago Cora-May 891497gineering and Construction Co., Montreal SilverMay 68.05 09.50 Ltd., will be held on Wednesday, Banks
Silver Official
* 624 63 April 24, at noon, at Messrs. H.K Bank $1200/70 and
Apr 8 clase Change Lowe, Bingham and Matthews. Commissioner of Chinese Customs,
Kowloon and District. H.K. Bank (London) £12014 n.00 Industrial 302,66 104.32 167 up The Loss for the year, after
20 Ralla 29.12 20.06°2:04 @up!
York Building, charging $8,708 for normal depre Chartered Bank £143⁄4 à 20 Utilities 17.6117.84 29 up 14,49) 04:48. 03 up Mercantile Bank A. & B. $314 240 Bonds Mercantile Bank 0.18% Bank of East Asia $852 . Am: O Finance Corp, Sh.$20. China O Fin. Ord.; Sh. $1.80 n. China O. Fin. Pref Sh. 84% n.
Insurances.***
Canton Ins. $260 m Union Ing. $450 b., $430 ., $425
China. Underwriters $1.30 n. China Fire Ins. $400 n.. H.K. Fire Ins. $215 n. International Assce. Sh. $5 p.
Shipping.
Douglases $39 n. HK Steamboats,' $74, n." Indo-Chinas (Pref.), 880 m. Indo-Chinas (Def.), 388, n. Shells (Bearer) 58/9 n. Union Waterboats $11 n.
Mining.
Antamoks 93-ets. n. Balatoes $43 n.
Baguio Gold 35 cts. n: Benguet Consolidated $14 n Benguet Exploratien 15 cts. n. Benguet Goldfield 10 cta. n. Big Wedge 10 cts. n. Gold Creek 40 ctum. Gold Rivers 10-cts. b. Ipo Mining $14. Itegans 42 cts. n. Salecots 16 cts. n.' Kailan Mining Ad, 15/6 n Langkats (Single) Sh. $18 S'hai Exploration Sh. 45 S'haf Loans, Sh. 46 m. Raubs 85% n...
Venz: Goldfield $5 n. Docks, etc.
HK. Wharves $91 n., Cum, rts. H.K. Wharves ex right $90% n. H.K. Wharves right $11 b. H.K. Doek $944 m. Providents (old) $1 n. Providents (new) 20. cta. n' Hongkews, Sh. $809 m. New Engineering Sh. $5 s. S'haf Docks, Sh. $120 n.
Cotton Mills;
Ewo Cottons Sh. $8,80 m. Shanghal Cotton (old) Sh.$74 n. S'hai Cottons (new) $45 n. Zoong Singa Sh. $9.30 n. Wing On Textiles, Sh. $55 m.
Lands, Hotels, etc.
H.K. and S. Hotel $4.80.8. H.K. Lands $42 n.
H.K. Land 4%
102% n
Debentures
Shanghai Landa Sh. $18 n. Metropolitan Lands. Sh. $12.20 n. Humphreys $911⁄2 m
HK. Realties: $5.10. n.
Aala Realties "A", Sh. $100 z, "Asla Realties "B" Sh. $15 D.
Chinese Estaten $90 m China Realties 8h, $9,60'.n.` China Debentures: Sh.128 D.
Pablle UtBitlem
H.K, Tramways $1534 m. Peak Trams (old) $8% n. Peak Trama (new),. 36 n. Star Ferries $90 n. Yaumati Ferries. $22 n. C. Lights $92. fi H.K. Electrice $65. Macao Electrics, $25 n. Sandakan Light $7,8 Telephone (old) $231⁄2 8. Telephone (new) $10.10 n. China Buses Sh. $12,40 n. Singapore Traction 10/3 n. Singapore Pref. 20/6 n,
" Industrials D
Malabon Sugar $8
Cald: Macg. (Ord.)," Sh., 316, n... Cald: Macg. (Pref.), Sh. $18 n. Canton Ices $2%, navo Cements 88%, Converted. H.K. Ropes $2.80 1.6
Stores, ete. Dairy Farms $19.20 m. Watson 64, n. Lane, Crawfords $8.75 a Mackintoshe, $21 162 Sinceres $8.XARDING WILL Powells, 70 cta, Wing On (H.K) 3105 n.
Miscellaneous H.K. Amusements: $1.88 Entertainments 86.40. n. 8:0 Enterprises Macau Greyhoun
11 Commodity
Index. 56.08 57.14 304 up 10 Leading Stocka Amer, S
Smelting
J. I. Cane Auburn
Elec Bond & Share,
General Motors Int Tel & Tel Nat Distillers
Montgomery Ward N.Y. Central U.S. Steel
Business Done: 860,000 shares.
elation and after: providing for Hong Kong, 9 April, 1985. Directors and Auditor fees,
amounts to $30,087.02. This loss,
together with $114,404.80,- being:a
further depreciation written off VICTORIA RECREATION CLUB Assets and Stocks and which has
been deducted from the Balance of
the Profit and loss Account, and
277 General Reserve Account, leaves a TH
25% total of $7,569.30.000
16%
0134
COMMODITY PRICES
The following quotations, bave been received by Reuter. New York Cotton:-
Apr. B. Apr. 9. Closing Closing
17.28 11.09. 11.16 11.84
REMINDERS
THE ANNUAL GENERAL MEETING of Members will
This amount the Directors re-be held at the Club this evening. commend should be carried forward WEDNESDAY, the 10th. April at to the credit of next year's Profit 5.00 PM:
F. W. T. ROSS, and Loss Account;
Hon. Secretary
*
Mr. M. H. Lo was appointed a Director on July 4, 1984; vice. Mr. Lo Cheung-shlu, deceased, and his appointment requires the confirma- tion by the shareholders,
Mr. M. H. Lo and Mr. J. Scott- Harston retire by rotation, and, be ing eligible, offer themselves for re-election,
LOCAL DOLLAR IMPROVES
Silver Prices Advance
The local dollar has risen, opening on demand this morning at |2/04/20
Silver prices improved, spot being quoted at 28-15/16 and for ward at 28-15/16.
May July
October
10.84.
10.96
December
· 10.90
11.04
January (1986). 10.92
11.05
March
10.99
11.12-
Spot
11.40
*11.55
New York Rubber:--
May
11.02
11.34
July
11.13
11.48
September
11.31
11.61
October,
11.88.
11.69
December,
11.52 11.85
January
11.58:
11.91
Chicago Wheat:~
May
952
96%
July
0276
024%
September
925%
92%
Chicago Corn
29
May
88
87/2
July
80%
82%
September
·754
77%
Winnipeg Wheat:-
May
87
New York Silk:—!
July
87% 88
May
1.32
1.32
New York Sugar!--
[July:
1.81
1.31%
Old New Old New September
1.30%
1.302
May
2.26 2.25 2.25 2:28 Montreal Silver:-
July
2.32 2.32 2.32 2.80 May
69.05
63.50
September
2.38 2.87-2.37 2.86 July
'63.70'
04.20
December
2.45 2.43 2.44 2.41 September
64.45 64.95
Jan. (1986)
65.50
[66.00)
The London on New York cross- rate was quoted at £U.S.$4.84%,|
compared with EU.S.$4.83, while the New York on London rate was quoted at £-U.S.84.84, as com-l pared with _—U.S.$4.83%1⁄2.
2.36 2.83. 2.35 2.82* December
S. E.
E. Levy & Co.
7, ICH HOUSE STREET
INTERTMENT BANRERS L'BROKERS'
MEMBERS
NEW YORK COTTON EXCHANGE
COMMODITY EXCHANGE, ING, NJ
CHICACO BOARD OF TRADE
CANADIAN COMMODITY: TICHAN
CORRESPONDENTE POR
WHITE, WILD & COG, NEW TORI
HONG KONG CRICKET CLUB
TENNIS TOURNAMENT ·
Open Doubles Semi-Final... Thursday, 11th April, 4.30 p.m. H. D. &.8. A. Rumjahn
V8.
Paul Kong & Lee Wai 197
Admission to Stand $1.00. (incl. Tax)
Booking now open at Moutrie & Co.
INITIAL SHOWINGS
IN COLONY !
FREDERICK WHITE & GILBERT
..CHURCH: PRESENT.
The Lost Chord"
BASED ON SIR ARTHUR SULLIVAN'S IMMORTAL SONG with
JOHN STUART MARY GLYNNE
· ELISABETH ALLAN
Julius Hagen British
Production TO-MORROW at the STAR
WING ON'S
SPRING SALE
NOW
PROCEEDING
time
purchas
ONG