BANKS
HONG KONG AND SHANGHAI
BANKING CORPORATION ~
Authorised Capital
Inued and Fully Paid-up
Rolerve Funde:—
Sterling .... £6,500,000
Roserve Liability of Pro-
HEAD OFFICE, HONGKOND.
·BOARD OF, DIRECTORA,
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. corporated by Royal Charter, 1858.
HEAD OFFICE: LONDON
$50,000,000 20,000,000
Silver
....... $10,000,000
Fald-up Capital
prietors...
20,000,000
Reserve Reserve Fond
prietors
Liability of Pro
$3,000,000 ..$8,000,000
$3,000,000
Agencies, and Branchoss
Alar Bir Aneritest
Zangoos Baigia
Semarang
Boot by
Lobe
Lasipar
CRABONG
Colesbe
Hadra Kanila
6bengal Elagagors Bitiawan
Taiping Thessal
Haiphong Ramborg
New York
(Paking)
A, H. Dodwell. Fi
Chairman,
0. G. Knight, Raj.
Deputy Chairman."
W. H. Bell, Esq. K. S. Morrison Esq.,
M. T. Johnson, Esq.
A. H. Compton Esq.,.
Hon. Mr. J. J. Paterson,
*
G. Miskin Esq., T. E. Pearce Esq.,
MAXOXOX
MOT
MATAVIA
MONDAY
GALCUTTA
CANTON OHRPOO COLOMBO DAIHEN WOCKOW FAIPHIGNO HAMBURG МАНДОН STIRRIN BAKEW $20.00
JUST BE
MALDON
V. M. Omykann. 146.
Chief Manager
BRANCHES-
KUALA LUMPUR LONDON
LYONE
MALACCA MANILA
MUAB įJohore} MUKDEN
NEW YORK
PLIPINO PENAND BANGOON
BATOON
BAN FRANCISDO
BILAKORAT
SINGAPORE
INVIRADAYA
RUNORI PATANI
TIENTS
TOKYO
TSINGTAO
TOKUNANA
Current Accounts opened in Loss) Currenty
nad Pized Deposits received for one year or in Local Catspary and Sterling
farme
saatlar perile ce tupied be application. Hong Kong, 6th April, 1935.
HONG KONG SAVINGS BANK.
The Buúpeme of kin abera Backu
the HONG KONG AND ANANGHAI WANKING CORPORATION, Buist may be
bisins va application.
FORTRE HOso koxo and BANOHA BANKING CORPORATION
V. H. GRATBUK,
Chief Manapas
Hong Kong, 25th February, 1935,
THE BANK OF EAST ASIA, LTD.
Etherland Caplial Plus Captu
(Bhaker)
Tokoba Lembong
Foreign, Meshange, and Coral Banking bata Durresh" "Aromise Operać and Fixed Depori which will be turned on syydenken. ';
THE CHINA MAIL WEDNESDAY;
Commerce and Finance
LOCAL DOLLAR ADVANCES
Up Three Farthings
The local dollar has advanced 4 opening on demand this morning at [2/24.
Spot silver was quoted at 82%. while forward silver was quoted at 32.
The London on New York cross» |
rate was quoted at £U.S.$4.84%, while the New York on London cross-rate WES unchanged Manager. £U.S.$4.84%.
A. BREARLEY.
Hong Kong, lat. January, 1935.
SAFETY - FIRST I To Safeguard Your Valuablen. and Jewelleries.
Deposit them in a Vault'
that is really: FIRE - PROOF BURGLAR-PROOF DAMP - PROOF 1 OUR SAFE DEPOSIT VAULT. located on the Messanine Floor of New building is Specially Con- structed to provide all of those. Im- {portant Qualities.
Our
You may obtain a Safe Deposit Box in this most up-to-date Vault for your own use at a very moderate Ban tal
Inspection Cordially invited."
SHANGHAI STOCK
MARKET
Very Little Trading In Shares
GOVERNMENT BONDS FIRM BUT BUSINESS QUIET
་
A.O.F.C. Comment
Shanghal April 17.
#t
With the exception of debentures, there was little of interest on the local Stock Excharige last Tuesday;
THE NATIONAL COMMERCIAL · business was done in Shangha!
& SAVINGS BANE, LID. Corner of les House Street and Des Voeux Road, Central
10.000.000,00 THE
4.06.200.00
above and Undivided Prote$2,200.00
HEAD SPICE-DONG XOXO
11, Dee Fu Road Central,
BOARD OF DIRECTORS |—
6 Shouse, Chairs,
Too Chus, Eq... Kasi ng Wase
Water Works.6 per cent. 1982 de- bentures at $100 for cash, while Telephones and Powers changed hands also for cash. One parcel of Ewo Mills were done at $8.40
Slight Improvement
BANK OF CANTON, LTD. for cash unofficially.
Established 1912. - Head Office-Hong Kong.
Authorised - Capital ......... Paid-up Capital
After several days of dull trad ing official business was done on $11,000,000
8,885,000 Saturday in Powers, Telephones 32,170,402 and Trama, but the turnover was Branches: Canton, Toisban, Shanghai, not. large. 300 Union Mobiliere,
Bangkok & San Francisco. Bankers: Lloyds Bank, Ltd hands on the same day,
ex dividend, for 23 cash changed
Ian Tong, Fag., Chan Ching Bhak, Zaqy L Las Fota! Resources
Gang Keq., Woof Cby San, Yay, and Xa Ti
Java).
Mombay Daleuita
Ian Tong Fo. Esq.. Chist Mossgar,
The Fans Req. Manager.
BRANGUES AND AGENCIES (
MAD!!
Mellett
Oaks
Paris
Telping!
ماذا سية
Skag
Shanghai
Kingsport
Beniow
bouraha ya
hydoby Tutors
Nagtakl
New York
Balphong
Mandala-
Kowiato
Pabang
Kangbee
Thedin
Baigia
Tears
Вам Ураловые
Vans Fr Tckobame
By dumption Banking and Exchange
Loans granted, an approved
Corrsat Arcount primé in Loval. Curren
led Deposita repstesd for one year
Exchange
business of acted.
Banking
of every discription trans A considerable part of the busi- ness again consisted of transactions Current Accounts opened and Fixed in debentures on the next business Deposits, zecsired for one year oday, the general market turnover shorter periods as ratas which will be quoted on application.
heing very small, the total turnover
Safe Depot Boxes (various sins) amounting to 1.035 shares and 120 for hire.
bonds. LOOK POONG SHAN,
Chief Manager
THE
Government Bonds..
LOCAL SHARES.
TO-DAY'S QUOTATION –
New York Stock Market
Some Prices Expected
To Go Higher
DISPOSITION TO INFLATE
SHARE VALUES
tract business. There were buyers of prompt raw sugar at 8.80 cents; with sellers at 3.85 cents."
NEW ADVERTISEMENTS
HONG KONG CRICKET CLUB
TENNIS TOURNAMENT
"Rubber The market was fairly active and steady Commission Wednesday, 24th April– houses were the principal buyers. H. D. Rumjahn v, 3. A. Rumjahu, while dealers were on both sides.
(Semi-Final-Open Singles)
in their market report, Messrs. Outside interests were dull. Ship- 8. D. Levy and Company, correments from the East" were on the Friday, 26th April
The following is the list of local pondenta, for Messrs. White Weld light side. share quotations Issued to-da
A general undertone of firmness. could be noted on the Chinese. Government Bond. Market during
ohartar peruses It Local and Foreign Currade AMERICAN EXPRESS COMPANY, the week under review. Business
XAN TONG 1,
bich will be quoted no application.
Вал Перове Покок То тен
INC.
Calaf noger
Head Once--65, Broadway, New York
THE, CHINA & SOUTH SEA BANK,
LIMITED
(Incorporated in, China)
Head Office...Shanghai
Capital
Rezerve
...$7,500,000.00
.$1,500,000.00
Branches All Important Cities
in Chine Foreign Exchange and General Banking Business transacted.
Current and Baving Accounts opened) and Fixed Deposits received for one yeur or shorter periods at rates which
SOU Z CHANG,
Manager.
w be quoted on application.
HONG KONG BRANCH:
2, Des Voeux Road, Central, Manager's Offes......Tel. 88566
Foreign Exchange Dept.,
General Office
*
Cashier's Office
83666 88587 28569
THE YOKOHAMA SPECIE BANK
LIMITED.
Established 1880
Capital ATT Barplum ... Remrves
· 17.8.$8,000,000.00.
2,087,112.89 1,995,528.31
BRANCHES:--
Antwor
Jolangor
Athana
The Hague
Mitam Nic Naples
HAVENS Hamburg HITS
Praese
Parla
Petpla
Boesbay
Bealse
Berlin
Heldalberg
(perlake Tenali
Brule Care
Caoper Catoen bo
Dublia Edinburg's Home Carle Floren
Landon
- Claukka -
Tiverpool
Coseshags
Lantza
Laz Miro
Manila Munich Montreal
Antierbe Flome Bhanghat Blowtherapis
Tacemine Vianna Vezios Takohase
Branches of American Express Com- ¡pany. in Principal cities of United
Blates of America and Canada. ...
All classes of Commercial Banking Kransactions undertaken.
Personal investment accounts handled.
The Company offers to intending Travellers the use of a "Travelers Cheques" and Letters of Credit and. Capital (fully paid-up) Yen.100,000,000 & addition, the world-wide services Reserve Fund....., Yen.126,800,000 f Its thoroughly equipped Travel De-
Head Office: YOKOHAMA
Branches and Agencies at:
Fengtion (Mukden) Rio de Janeiro
Alexandris
Nagasaki
Batavia
Nagoya
Berlin
New York
Bombay
Oaks
Calcutta
Paris
Canten
Pelping
Dairan (Dalny)
Hamburg
Honkow
Rangoon San Francisco Seattle
Harbin
Beng Kong
Honolula
Hainking
Singapore Soerabaya
Sydney
Koba Londen Manila
Tientsin Tokyo Telngtan Wingkow
Maj
Karachi
Loại Angesa
SOULÉE.
partment.
E. W. DUGGAN.
Manager,
THE WING ON BANK LIMITED
Head Office: Hongkong. 26, Des Voeux Road Central, Authorised Capital $10,000,000 LONDON BANKERS: Westminster Band, Ltd. Foreign Exchange and every descrip tion of banking businesses transacted Current Accounts Candy Savings 'Fixed Deposits
Accounts
was very quiet and, with the ex- ception' of three issues, the whole list, registered not gains.
+
One of the isses that was fairly active during the period was $96,- 400,000 which, after wide fluetua- tions, came into. prominence. After a notable advance it lost its gains, however, and receded for several days in succession. Only $96,000,- 000, 0 per cent. Consolidated and Disbandment showed losses, On Monday prices were
easy and transactions dropped to about $8,000,000. Fluctuations continued to be of minimum proportions, no fasue moving beyond 20.
THE MERCANTILE BANK OF INDIA, LTD.
HEAD OFFICE:
18, Arachurch Street, London, 1.0.9. Authorised Capital....£3,000,000 Subscribed Capital 1,800,000 Paid-up Capital Reserve Fund & Reat. 1,247,482 - 1,050,000
BANKERS: The Bank of England & Miland Bank.- Ltd. *BRANOLIES: Bangkok Bombay Calcutta Colombo
Galia
Howrah
Kandy
Kota Bharu
Kupi Lipis
New York." Penang 25 Port Jui
Ranroos
·Kuala Lumpar Shanghal
Euantan (Pabang Bimala Hadrae
Slogapos
NICKA XONG. DRANCH,
-Every description of Emaking sod Exchango baš ess transected,
Travalles Cheques Imana
Trustee and Executorships under- taken.
INTEREST allowed on Carresi Ascounts sad ∙Fized Deposite at Hai hat mir be sortiinad an application.
R. KENNEDY,
Queen's Road Central.
Hong Kong, 1st April, 1996.
THE SHANGHAI: COLLMEXCIAR & SAVINGS BANK LIMITED- (Incorporated in China)⠀ Capital paid up .15.000.000. Reserves...
$7,000,000. Capital Savings Dept. 800,000, Reserve Bavings Dept, 1600,000
received at rales
Tales which will be quoted Head Office Blachal on application. Special rates given pr Interest liewed en Ontant Ap Special deposits,
Trusteeship and Executorship under- Deposits received for fixed forlods taken, Safe Deposit Boxes for hire. [âb rates to be obtained on application, 47K A
PHILIP GOCKCHIN
Chief Manamern
LISHU FONGİ Aust;:Manager:
KISHINAMI te
Manger, L. GOCKCHIN Hasg Kong, 11th March 1985. Asst. ManaZOE
A Bank baring, sa itu miauton the bndustrial development of Chlam and the; fostering of her commser cial relations abroad, oppo Hong Kong ofkennis? Leg House
Banka
E. LH, Shute vs. G. R. M. Ricketts (Final-Club Championship).
FINAL OPEN CHAMPIONSHIP SINGLES
and Company, New York stats:- Flashes: The Westinghouse
"Stocks Inflation psychology Electric Company has ourned 37 Monday, 29th April is again growing with capital
(Continued on Page 7) turning to, equities and real estate
Latest Quotations rather than to commodities. There The following quotations have was some proft-taking, batwe been received by Reutar, Wednesday, 1st May- anticipatean irregularly higher
Prev. To-day's FINAL-OPEN CHAMPIONSHIP .market. Business done :--1,230,-
000 shares.
H.K. Bank $1150 s.. H.K. Bank (London) $126 n. Chartered Bank $14. Mercantile Bank A.&. B.:8311⁄44 Mercantile Bank C. 818% Bank of East Asia: $81 ma Am O. Finance Corp., 8h.$20 n. China O.Fin. Ord., Sh. $1.80 m China O. Fin. Fréf Sh. 8431⁄2 n. Insurances,
Canton Ina, $215 ea..
Union Ins. $885 2."
China Underwriters $1.80:n.. China Fire Ins. $400 m. H.K. Fire Ins. $215 n. International Assce. Sh. $5
Shipping.........
Douglases $39 n. H.K.-Steamboats, $714 m. Indo-Chinas (Pref.), $30 si. Indo-Chinas (Def.), $83;n. Shells (Bearer) $58,9 n.° Union. Waterboats $11.
Mining.
Antamoks 93 cts. n.. Balatoes: $48 n.
Baguio Gold 25 cta. sa. Benguet Consolidated $14 n. Benguet Exploration 15 cta, Benguet Goldfield 10 cta. n.
Big Wedge 8 cts. b.
Gold Creek 40 cts. n. Gold Rivers 10 ct. n. Ipo Mining $1 ù. Itegans. 42 cts, a.. Salacots 16 cta, n. Kailan Mining Ad. $19/-n. Langkate (Single) Sh. $35 n. S'ha! Exploration Sh. 35 n. S'hal Loans, Sh. $6 n. Rauba $5% D.
Venz; Goldfeld $5,
Docks, etc.
n.
་
N.Y./London
مدوله
alosa
11.59 4834.84% 11.85
11.59 11.88
88
70.90
cross-rate... "Grains: Private map-readers NY. Cotton July are predicting more unsettled to N.Y Rubber-July showery weather conditions in the Chicago Wheat May 101% 199 grain belt, which caused some Montreal Silver May 68.0
Corn May 91 Chicago selling. We feel that fundamen Silver, Official 87% tal conditions are rather good and Apr. 22 cloas, Change
69% wo would suggest an accumulation 30
30 Industrials
110.27 110.06 21 0 of wheat. Total sales: Wheat 20 Utilities
20 Rall
80.64.91:27 :.78 up 23,710,000
Corn1240 Bonds.
18.68 -18.93
.30 up 089,000 bushels.
95.06 95.17.11 up "Cotton: We feel that the fun- Index 60.34 59.52 damental position makes the!
10 Leading Stocks maintenance of advances dif
Amer Smolting Auburn Acult. ret
J.-L. Gose
bushels.
11 Commodity
Rubber: The price war Elec Bond & Share amongst tyre manufacturers is a General Motors check to buying. Demand for Ac-Int Tel & Tel
Montgomery Ward tual was dormant. Total sales: Nat Distillery
NY, Central U.S. Seel
286. lofs."
Our New York Office Cables:- STOCKS:-Utility preferred is
jstics again look higher...
DOUBLES All matches commencing at 4.30 p.m. SHARP.
Booking for Open events at Mourtrie & Co.
Stand Seats-$1.00 (incl. Tax), The Prize-giving will take place immediately after the Open Championship Doubles match on May 1st.
40% PUBLIC AUCTIONS
THE undersigned have received
Tinstructions to sell by Foblid
·551
7
30
7 Auction
26
274
15% 83
Business Done:-1,280,000 shares.
GRAINS: Weather conditions NEW YORK STOCK
continue mostly unfavourable,
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:
EXCHANGE
Reuter Quotations
on
Saturday, the 27th. April, 1935 commencing at 10.30 am..
at No. 42, Humphreys. Building, (Top Floor) Kowloon.
A Quantity of
VALUABLE HOUSEHOLD
...FURNITURE
"On View from Friday, the 26th, April, 1985,
Terms: Cash on Delivery.
LAMMERT BROS.,
Auctioneers. Hong Kong, 24th. April, 1995.
THE undersigned have rer dived Instructions to sell by Pubile
ON
Monday, the 29th. April, 1935 commencing at 10.30 a.m.
at No. 2 Minden Avenue, Kowloon. A Quantity of
... April 24. The following quotations were ro-|| "Stocks: Comparative carloading
ceived by Reuter:-***
close 10.20 11.00 figures brought some buying into N./London 4.85 4.85 4.842 railroad issues, whilst demand for NY Cotton July 11.59 11.57
11.58 utility shares has continued, pre-NY Rubber July 11.96 11.87 11.98
Oet,
11.27 11.24 11:25 sumably on the theory that there
Sept. will be some modification regarding C. Wheat May 101% 101. Utility Holding Company legisla- July 101% tion. Silver stocks went into higher Corn May
01 W. Wheat May, 89% ground on the strength of world STOCKS silver. prices,
Amer_Smelting: "Grains: Both wheat and corn Con- Gu N.Y. were heavy during most of the ses Elec Bond & Sh
Du Pont alon, with considerable liquidation General Motors during the final hour. Scattered Int Tel & Tel showers in the South-West and the Loew's Inc North-West, fogether with poor Montgomery W.
Nat Distillers Liverpool advices and liquidation of Ewo Cottons Sh. $8.80 n.
N.X. Central May grains were all influences on Standard, Oll N.J. 41% 42% 42 S'hal Cottons (new) $42 n. Shanghai Cotton (old) Sh.$68 n. the market. Little attention was U.S. Steel 23% 83%
paid to the announcement that the Zoong Sings 8h. $9.80 n. Canadian Government in taking de-RAW RUBBER PRICES Wing On. Textiles, Sh. $55 n.
livery of May wheat. Lands, Hotels, etc.
verton. The market wse a trad Latest Quotations From Tractions to sell by Publis H.K. and S. Hotel $4.55 b.,
க :
H.K. Wharves $90 n. Cum. rts. H.K. Wharves ex right $90 n. H.K. Wharves right $10 b. H.K. Dock $94 n. Providents (old) $1 n. Providents (new) 20 cts. u. Hongkews Sh, $809 n. New Engineering Sh. $5 B. 8'hal Docks. Sh. $120 m.)
Cotton Minis
F
4.00 ing affair. Demand broadened on setbacks, but, selling Increased on rallies.
Debentures
·H.K. Lands $39 n. H.K. Land 4%
100%. n. Shanghai Lands Sh. $18 n. Metropolitan Lands Sh. #12.20-n. Humphreys 89 h.
H.K. Realties: $4.85 0.
Asia Realtles "A", Sh. $100 n. Asia Realties "B" Sh. $15. Chinese Estates $90.n.. China Reatles Sh. $9.60. n.. China Debentures Sh.$128-n..
Public Utilities
H.K. Tramways $14.sa. Peak Trams (old) 88%1⁄2 n. Peak Trams (new), $6 n, Star Ferries $89 n." Yaumati Ferries $22 n. C. Light $9.45 b., $9.50 s. H.K. Electrics $64 n. Macao Electrics $25 a. Sandakan Light $7.8. Telephone (old) $22 n, Telephone (new) $10:10 r. China Buses Sh. $12:40 n. Singapore Traction 10/8 z. Singapore Pref, 20/6 n.
Industrials
Malabon Sugar $8-n.. Cald: Macg. (Ord.), Sh. $18 m2. Cald: Macg (Pref.), 3h. $18 n. Canton Ices $234 ni
12.07 11.08
12.04
100% -
81%
Auction
.80%
:
38
30
30
22% 23%
23
07% 97%
DA
0% 7
1
81%% 81%
314
814 7 38% 88% 264 25
B
391⁄4
25
28
28
28,-
∙ 10 15
1844
33%
Singapore
•
"Sugar This market, continues Messrs. H. B. Joseph and Co. have steady. It is reported that re-received the following Straits Cur- #ners are accepting very small con- reacy quotations from Singapore for
Raw Rubber,
Spot 19 1/4 Unchanged
COMMODITY PRICES July-Sept. 20 7/8 Up. 1/8
Oct.-Dec. 21-7/8: Unchanged
The following quotations have March-Quiet been received by Reuter. New York, Cotton:
May
July
October December
Jan. (1986) March
October
January
Apr. 22. Apr. 23. Closing Closing 11.50 11.45 11.59 11.53 11.27 11.22
VALUABLE HOUSEHOLD'
FURNITURE
On view from Sunday, the 28th. April, 1985.
Terms: Cash on delivery
LAMMERT BROS.,
Auctioneers, Hong Kong, 24th April, 1985.
THE undersigned have received Auction
ON
Monday, the 29th. April, 1985, commencing at 2.80 p.m.
at No. 6 B, Hankow Road, Kowloon
A Quantify of
VALUABLE HOUSEHOLD
FURNITURE
On view from Bunday, the 28th
Selling price 1/8 cent higher on April, 1985, pp all positions.
Is It Insured?
Insurance All Classes
NEET LOWEST RATES
American Aniatle Underwriters Fed. Inc., USA General Agents
Shanghai
11.39. 11.29
11.35 11.31
11.47
Spot
· 11.85
11.40 11,80
New York Rubber:
May
11.85
11.77
July
'11.95
11.88
Head Ofice
September
12.07
· 12.04.
17, The Bund
12.18
12.12
December
12.27
12.22
12:84:
12:28
Chicago Wheat:-
May July
10184 09
101-98
September
· 101
98
Chicago Corn:
May
91
July
842
88 82%
September
794
Winnipeg Whe
Lane, Crawfords 88% n.
May
July
80% 90%
86%
892
New York Sugars—4 Se
May
J'aly
¡Sept.
Cements $7.40 s., Converted.
H.K. Ropes $2.60-.-
Stores, etc.
Dairy Farms $17% n.:
Watson $31⁄2 sa.
-Mackintoshs, $21 m.
Sinceres #8 n.
Wm. Powells, 70 eta, n. Wing On (H.R.) $105 m.
Miscellaneous,
H.K. Amurements $1.85 m. Entertainments $5.40 3. S. C. Enterprises $1.85 n. Macao "Greyhounds" $2 n.. Constructions (old) $1.40 n. Construction (new) 45 cte. n. Vibro Piling $6 n="
Ch. Govt. 5% 1925 GBds
•982% n.
Dec...
No. 1 No.3 No. 1 No, 8 Con. Con. Con. Con. 2.36 2.38 2.36 2.351 "2.442.48 -2.44 2.43 2.51 2.48 2.51 2.48 2.58 2,84 2,58 2.55 Jan. (1936) 2.48 2.85 248 2.85 New York SilkAVNGE May
$1.88 1.88. July 2
1.801⁄2· 1:851⁄2- September
1.83 184 Montreal Silver:
H.K. Govt. 4% Loan, 64% prem. May July
b
H.K. Govt, 8% Loan 2% prem. September
b.
Wallace Harpers 36 9.
68.051 70.90 08.76t1971:86- 69.6644172467 71.00 78.806
AN
B.K: Office
·Asin Life Building
#Tel 30234.
Terms: Cash on Delivery.
LAMMERT. BROS.,
Auctioneers.
Hong Kong, 24th April, 1936.
QUALITY PRINTING With Quick Service
THE NEWSPAPER ENTERPRISE LTD. SWING NAIL MAE'
SA JUYNDBAND WIL
S. E. Levy & Co.
* ICH HOUSE STAKET
INVESTMENT BANKERS & BROKERS
HEW, TOLK COTTON EXCHANGE
COMMODITY EXCHANGE, INC. N.T. CHICAGO BOARD OF TRADE CANADIAN COMMODITY: EXCHANOR, INC.
[COĄ, NEW; YORK;