BANKS
HONG KONG AND SHANGHAI" BANKING CORPORATION
$50,000,000 Issued and Fully Paid-up. 20,000,000 Reserve Funds-
Authorised Capital ..
Reserve Liability of Pro-
prietors
HEAR OFFICE: HONOTONO, BOARD OF DIRECTORS.
Chelena.
4. Kulgbt, Kag
Deputy Chairman.
W. 11. Bell, Exq. K. S. Morrison Esq.,
A. 1. Compton Esq.,
M. T. Johnson, Esq.
Hon. Mr. J. J. Paterson,
T. E. Pearce Esq.,
G. Miskin Esq
V. M. Grapharm, ‘hot-
Chief Managare
KUALA LUMPUR LONDON
BANGKOK
AMOT
BATAVIA
BONBAY
MANCHES
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1858.
BEAD OFFICE: LONDON ..
Dill
trampasind.
+
Raracal
Willowan
THE CHINA MAIL. THURSDA
APRIL 25, 1935.
Commerce and Finance
COMMODITY PRICES
The following. quotations bave been received by Reuter.
Sterling. £. 6.500.000 Silver
$10,000,000
Paid-up Capital
43,000,000
Réserve Fund
20,000,000
Reserve Liability of Pro-
prietors
£3,000,000
£8,000,000
Agencler and Branches!
11ob30
Rangoon
Apr. 23. Apr. 21. Closing Closing
Ampitens
[pok
thangkok
Balion Katering
New York Cotton:-:7)
Bombay
koba
Cati
kimus
Kuala
Berba
Bhanghal
May
11.45 11:43
Singapor
Beaton
July
C'ersport"
Kurblog
Kourabaya
Cabu
Madena
Tashing
October
11.53 11,53 11.22 11.20'
Celosabe
Restin
Wedno
Tourbak
December
11.20
11.20
Husba
New York
(Phuket)
Jun. (1936)
11.31
11.29
Flunburs
Triplog
Isington
| Hankow
(Paking)
Yokohama
Hazbin
Tepang
Zamboang
March Spot
11.80
11.40 11.36 11.30
11.77
11.67
July Manager. September
11.88
11.78
12.04
11.88
October
12.12
11.95
December
J2.22
12.12
January
12.28
12.17
Chicago Wheat:-
May
99
July
98
Market closed
September
98%
Chicago Com:~
May
88
¡July
823%
Market closed
September Winnipeg Wheat:-
78%
88
892
8734 88%
New York Sugar:-
INST
You may obtain a Bafe Deposit Box in this most up-to-date Vault forḥ, your own usa at a very moderate Hen.
May Ital.
Inspection Cordially Invited. July THE NATIONAL COMMERCIAL Sept.
& SAVINGS BANK, LTD. Corner of Ice House Street-and
Des Voeux Road, Cantral -
Jan. (1936)
New York Silk:-
May
1.36
1.33%
July
1.85%
1.33%
September
1.34
1.32/4
70.00
72.40
71.65
73.00 ·
1
S
CALCUTTA DANTON CHEFOO DOLUNDO DAIKEN POCHOW HAIFUONG HAMDORO
MANKOW HARDIN TANGREW
11-14)
ROWLOON
LYONN.
MALACCA
MANILA
MUA (char)
MCKDEN
NEW YOR
PRIPING
PENAND RANDOUR
BAIGON
BAN FRANCISCO
SHANGHAY
SINGAPORE
SHADATA
HENUTI PATANI
TINTA
TOKYO
THI NOTAQ
YOKOHAMA
L'irrent Account open to Loval Currency. Fired Depoolsa tomired for one year DE shiter periods in recal Company and Sterling
in whirk will be quoted an application.
Hong Kong. 6th April, 1935.
Foreign, Kurkings and General Banking busines New York Rubber:-—-- Curea & couple opened and Fixed Depoalle rvised for one year or shorter periods a rate May
|which will be quoted, on appiration.
A. BREARLEY.
Hong Kong, 1st. January, 1935.
SAFETY FIRST I
To Safeguard Your Valuables and Jewelleries,
Deposit them in a Vault
that is really: a FIRE - PROOF
BURGLAR-PROOF
DAMP PROOF!
OUR SAFE DEPOSIT VAULT
Our
located on the Mexanine Floor of MAY HÒNG KÒNG SAVINGS BANK.cted to provide all of these Im July
.
the Budamer of the bore Back in sonducti
ed by the HONG KONG AND SHANGHAI
KING CORPORATION, Hulse
FOR THE HONG KONG AND SHANGHAI BASKING CORTONATION
V. M. GRAYBURN,
Chief anget.
New building is Specially Con
[portant Qualities.
Mul on Application.
Hong Kong. 26th February, 1935.
THE BANK OF EAST ASIA, LTD.
Authorland Capital a
Flap Capital menuntas More abé l'udirided Trole
$10,000,000,00 3,44,900,00
HEAD OFFICE:-FONO CÓNG
1. Des Varun Fond Desira
BAD OF DIRECTORS—
81 ou ann Chow, Chairman.
La Love Chuu, g. 31. Krk, E.
Ten Tong, Eng., Cher blog Abak, Regu, Là Bass Lean Wong Cr. Sion, Bag, and Esa Tint
Kan Tong Po, Eng.. Gidel Muangur, Ki The Fong Baq.. Masaqur.
BRANOBES AND AGENCIES:--
·
Am
Salaria
Bombs
N
New York
Bla Bemarenj
Dingapore
Dakta
Parts
Psipide
bydwy
Tyng Hangoon
Calella!
Haiphong
Kan Francis
Talks Vionicim Tokyo Торонтог Yokoham
Krwione
Every decempion beatoses imestad.
Arsaute operiod in Loui
Dec.
No. 1 No. 3 No: 1 No. 8 Con. Con. Con. Con. 2.36 2.35 2.36 2.35 2.44 2.43. 2.44 2.43 2.48 2.61 2.48 2.51 2.58 2.65 2.59 2.55 2.48 2.35 2.45 2.30
THE BANK OF CANTON, LTD. Montreal Silver:
Established 1912.
་ ་
Head Office-Hong Kong.
May July
#11,000,000 8,655,000 82,170,472
September December
b-bid
Authorised Capital Paid-up Capitai Total Resources Branches: Canton, Toliban, Shanghai, Hankow, Bangkok & San Francisco, London Bankers: Lloyds Bank. Låd,
Foreign Exchange and Banking business of every discription trans- acted.
Current Accounts opened and Fixed | Deposits recsired for one year or shorter periods as ratsa which will be
• quoted on' application.
at Bauklus and Exchangi Loans SALE an approved:
Carross
72.45 78.70 73.606 75.36
NEW YORK STOCK EXCHANGE
Reuter Quotations
April 26.
Safe Deposit Boxes, (various six). The following quotations were re- for hire.
THE
Fised isposite received for pas y AMERICAN EXPRESS COMPANY, NY. Rubber
shorter surfode, in Local and Foreign Currenedas
kerm which will be quoted an application. Bale Treports Boxes To La
LOCAL SHARES.
TO-DAY'S QUOTATION
NEW YORK STOCK MARKET
Irregularity Due To Profit-Taking
SHOULD BE BASIS FOR SELECTIVE ADVANCES
in their market report, Messra S. D. Levy and Company, cortes
The following is the list of local pondents for Mesara, White Weld ahare quotations issued to-day:
Banks.":
H.K. Bank $1100 s.
K.K. Bank (London) £126 n. Chartered Bank $14 n.
Mercantile Bank A. & B., 8814 Mercantile Bank C. £181⁄2 n. Bank of East Asia $81 m. Am: O. Finance Corp., Sh.$15 'n. China O. Fin. Ord., Sh. $1.80 n. China O.Fin: Pref. Sh. $41⁄2 n. Insurances,
Canton Ins. $215 m.
Union Ins. $385, n.
China, Underwriters $1.30 n.
China Fire Ins. $400 n. H.K. Fire Ins.. $215 n.. International Assce. Sh.$44 n..
Shipping...
Douglazes $39 n.
H.K. Steamboats, $7% Indo-Chinas. (Pref.), $30 n. Indo-Chinas (Def.), $88 n. Shells (Bearer) $53,'9 n. Union Waterboats $11% 1.
Mining.
Antamoka 03 cts. n. · Balatoes $43 n. Baguio Gold 25 cts. n. Benguet Consolidated $14 n. Benguet Exploration 15 cts. n. Benguet Goldfield 10 cts. n.. Big Wedge 8 cts. b. Gold Creek 40 cts. n. Gold Rivers 10 cta. n. Ipo Mining $13⁄4 n.
·Itagana 42 cts: n. Salacots 16 cts. n..
Kailan Mining Ad. 18/6 n. Langkata (Single) Sh.$14 n. S'hai Exploration Sh.54% p. Shai Loans Sh.85 m Raubs $5.
Yenz; Goldfield 35 p. Docks, etc.
H.K. Wharves $90 n. Cum. rts. H.K. Wharves ex right $90 n. H.K. Wharves right $10 b. H.K. Dock 5934 n. Providents (old) $1 n." Providents (new) 20 eta. D. Hongkowa Sh3275°n.
New Engineering Sh.85 n.. S'hat Docks Sh. $110 n. *-
Cotton Mills.
and Company, New York state;---
PUBLIC AUCTIONS.
HE undersigned have received Instructions to sell by Public
Auction
CON Tuesday, the 30th. April, 1935, commencing at 10.00 am.
at No., 9, Middle Road, Kowloon. A Quantity of VALUABLE HOUSEHOLD
**FURNITURE On View from Monday the 29th. April, 1935,
Torms: Cash on delivery
LAMMERT BROS.,
Auctioneers
Stocks Considerable profit- taking caused irregularity to-day. We expect further profit-taking to- Hong Kong, April 25, 1985. morrow which, if it is as wellTHE undersigned have received absorbed as in the past few days, should provide a basis for further Instructions to sell by Public selective advances Business.done: 1,280,000 shares.
....
Grains: The comparative steadi-i : ness of the Winnipeg and Min neapolis markets is reassuring| Weather conditions have very
| alightly improved. We would.pre-
fer purchases on weakness.
Ewo Cottons Sh. $8.30 n.. Shanghai Cotton (old) Sh.$68 n. S'hal Cottons (new) $42 n.... Zoong Sings Sh. $8% n. Wing On Textiles, Sh. $55 m.
Landa. Hotels, etc... H.K. and S. Hotels $4.80 s. and-sa. H.K. Lands $89 n.
H.K. Land 4%
100% n.
Debentures
celved by Reuter:- LOOK POONG SHAN, D
Chief Manager | N.Y./London NY: Cotton
July. Oct,
July
INC.
Sept..
11.88 12.04
cinsa 10.2011.06 4.84% 4.83% 4.83
11.50
31.51 11.48 11.22 11.10 11.17
11.81
11.85 11.95 11.99
KAN TONG PU.
C, Wheat May 09
Chief Manager.
Head Office: 65, Broadway, New York
July
38
C. Corn May 8814
W. Wheat May. 88%
88
STOCKS:--
2,087,112,49
Amer Smelting 40%
40
40%
1.995.828.11
Con Gas N.Y.
231
23
23%
Du Pont
D8%
97 97%
BRANCHES:
Elec Bond & Sh 7
7£
7%
G
The Hagus
Milan
Napias
General Motors' 30% Int Tel & Tel
30%
30%
7%
7%
74
HATIDE
Loew's Inc
98%
38%
38
Aais Realties "B" Sh. $10.
Pirova
Elsenborg
Part
Montgomery W. 25%
253
26
Nat Distillers
27/
27%
Firema
Heidelberg Interlakes
N.Y. Central
16% 17%
1714
and
General
Brusale Claire
Zerumiem London
Standard Oil NJ 41% 41%
1
Ilvato
U.S. Steel
33
33
41 $3
Capital ... ......U.B.$8,003,000.00
THE CHINA & SOUTH SEA BANK, Surplus .....
Rentres 4°44, VANT
LIMITED
(Incorporated in China)
Heel Ofice...Shanghai
Capital
$7,500,000.00
.$1,500,000.00
Reserve
Branches
Arsim Antwerp Athong
AMULY
Beajie
All Important Citice Berlin
Bombay
in China
Foreign Exchange
Banking Business transacted.
Current and Saving Accounts opened and Fixed Deposits received for 056 year or shorter periods at rates which will be quoted on application.
SOU Z, CHANG,
Manager
HONG KONG BRANCH: 24, Des Voeux Road, Central. Manager's Omes....Tel. 38565 Foreign Exchange Dept.
General Office
Cambler's Office
88666 88567
T
82569
THE YOKOHAMA SPECIE BANK LIMITED.
Established 1880
Capital (fully paid-up). Yen.100,000,000 Yen.125,800,000 Reserve Fund"...
Head Offen:---YOKOHAMA
Brenches and Agencies at:
Nagsankci Naroys New York
Alexandria
Batavia
Barlin
Bombay
Calcutta
Canton
Dairen (Dalny)
burg
Oaks
Paris pelping Rangoon Fengtien (Mukden) Rio de Janeirs
San Francisos Seattle
H
Bankow
Harbin
Hong Long
Henofold
Heinking Kayach
Kobe
London
Los Angeles
Somerang
Shanghait
Manila
Bydney? Tokyo's Taingtan Yingkow
Moji
Intersit allowed" ok
2017.08.
Calcutta Седов Colombe Copenhagen
TAROT Engrac
Pulpin Palerma Rotterdam Roma Banglad
Bonpo Blogspo
Edlebargh
Marmeling Mon. Cela
Florine
Goth
Munish
Tadrolon
Vanion Zokoht.com Ladick
Mundis
Montrea
Branches of American Express Com- pany In Principal cities of Unfbed Etates of America and Canada, ⠀
Pransactions undertaken.
**
LOCAL PURCHASE OF FREIGHTER
Oil-Burner Forafic Changes Hands .....
It is learned that Messrs. Wil-
All classes of Commercial Banking liamson and Co. have purchased the former Bank Line freighter Forafic, now discharging cargo at No: 4 buoy.
Personal investment Recourta handled
Built in 1909 at Glasgow by The Company offers to intending Barclay, Curle and. Company, Ltd., Travellers the use of it's "Travel the Forafic is a steel vessel of 8,- Cheques" and Letters of Credit and 475 tone gross. Though built as a
addition, the world-wide services its thoroughly equipped TTR: De steamer she was converted to an partment.
oll burner shortly after having been built, and. has since then changed her name a number of Managemes/
E..W, DUGGAN,'
THE WING ON BANK LIMITED
Head Office: Hongkong.. 25, Des Voeux Road Central' Authorised Capital #10,000,000
LONDON BANKERS-LES Westminster Band, Ltdag Foreign Exchange and every descrip- [tion of banking businesses transacted. The A Corrent Accounts and Bavings opened Fixed Deponite received at rates which will be quoted
Special Special
Trusteeship and
on applicants
and Executorship under Safe Deposit Boxes for fire,
·Hapogita received fur· Arado periods WARDEN BLIP GOCKCHINAGPA
rates to be obtained on applies
CKISHINAMI:
Kon 111 Mirabe 1938,
Ms & Chief Manager LAGOCKGĦIN, S ||AME" Manage
Aist
The vessel will go into commis-
will so into sion for her new owners imme diately.
THE SHANGHAI COMMERCIAI & SAVINGS BANK LIMITED. (Incorporated in China)
Capital: pakt uppout Capital Savings
Reserve. Bavings
Head Ofos“
A Bank Erving as Na zulation industrial development
Sand the fostering
cial relations abroad:
Shanghai Lands Sh.$20. Metropolitan Lands Sh. $10 n.. Humphreys. $03⁄41⁄4 ̄n.
"H.K. Realties $4.85 n.
Asia Realties "A", Sh. $75 n.
Chinese Estates $90 n.
China Realties Sh. $7 n.
China Debentures Sh.8129 n.
Public Utilities
· H.K. Tramways $14 n.^. Peak Trams (old) $83% n. Peak Trams (new). $6 n. Star Ferries $89 n. Yaumail Ferries $22 n. C. Light $91⁄2 8. and sá, H.K. Electrics $64, sa. Macao Electrics $25 n. Sandakan Light $7 mi Telephone (old) $22 n, Telephone (new) $10.10 n. China Buses Sh. $11 n. Singapore Traction 10/8, n. Singapore Préf. 20/6 n..
Industrials Malabon Sugar $81⁄2 nộ Cald: Macg. (Ord.), Sh4191⁄2 n. Cald: Macg. (Pref), Sh. $142 n. Canton Ices $23⁄41⁄2 n. Cements $7.40 n., Converted. H.K. Ropes $2.60
Stores, etc. Dairy Farms $174 m. Watson $8%
Lane, Crawfords $8% n. Mackintoshs, $21 n. Sincares $8 D Wm. Powells, 70 cts. n. Wing On (H.K.) $105 n.
Miscellaneous, H.K. Amurements $1.85 7. Entertainments 36.40n. S. C. Enterprises $1.85, n. Macao Greyhounds" $2 m. Constructions (old)$1.40 Constructiona (new) 45 cts, n Vibro Pilng 16 nozi Ch. Govt 5% 1925 G#Ba
98% % Th
n.
of
Cotton: Only light tenders May cotton are expected. Outside interests are still 'on' sidelines.
"Rubber:-The position remains unchanged. Total salés: 265 lots. Our New York office. cables The opening of the Grain, Ex- changes has been postponed.
Difficulties on the part of a local grain firm are likely to cause further pressure in grains.
Flashes:Average daily petro- leum production for the week end- ed April 20 was estimated at 2,590,000 barrels, compared with 2:582,000 barrels the previous week.
Weekly electricity production| totalled 1,702,000,000 k.w.h., an in- crease of 1.7 per cent from the corresponding period of last year.
E. A. Pierce And Co's Report. In their market report, the American Oriental Finance Cor poration, correspondents Messrs. E. A. Pierce and Company of New York state:-
for
"Stocks: Rumours of another rise in the allver price influenced the continuation of demand for metal issues, whilst some invest- ment buying was, reported in utility stocks. There was Rome irregu-| larity in motor shared on account of fears of further labour, trouble.
"Grains: The Minneapolis and Winnipeg markets were easy early in the day, but recovered one, cent later in the session. Reports of heavy rains in Nebraska and mol- sture in parts of the Spring Whent beit were the principal influences early in the session. There was practically no precipitation in the [South-West. The Board of Trade will open at the usual hour to-mor
row:
Auction
***Sugar: The market was steady throughout the session. Actuals were dull, but there was no indica tion of any weakness on the part) of sellers. Stored Philippine augars were sold at 8.85 cents...
ON
Tuesday, the 30th. April, 1935, Commencing at 5.15 p.m.
at their Sales Room,
Duddell Street......
A Valuable Collection of
⠀ POSTAGE STAMPS"
On View from Monday the 29th, April, 1996.
Terms: Cash on Delivery
LAMMERT BROS.,
Auctioneers.
Hong Kong, April 25, 1935.
gone
"Cotton: A festure of the market ie the widening of discounts on dis tant options as compared with near Ex [months, due to covering of May and July cotton, while selling was most- ly in far months, ple
"Rubber: The market was steady, email but quiet. Dealers were buyera. There was some Commis sion house selling of May rubber.
X
Everything BUT YOUR SAVINGS
RENT
FOOD
CLOTHING
HEAT
TAXES
WATER
CHITS
SAVINGS
SAVE SOMETHING
START NOW UNDERWRITERS
SAVINGS BANK FOR THE FAR EAST, INC.
Asia Life Building. Hong Kong
Tel. 30234
LOCAL DOLLAR ADVANCES
Up Three Farthings
NEW ADVERTISEMENTS
PUBLIC AUCTION
ARTICULARS & CONDITIONS
Pof the Sale by Public Auction
to be held on MONDAY, the 20th day of April, 1985, at 5 p.m., at the Offices of the Public Works Department, by Order of His Ex cellency the Governor, of öne Lot of Crown Land at Ho Mun Tin in the Colony of Hong Kong, for a renewal at a Crown Rent to be fixed term of 75 years, with the option of by the Surveyor of His Majesty the King, for one further term of 75
years.
PARTICULARS OF THE LOT.
Bagistry No
No. of Sale.
Locality.
The local dollar has advanced 4 opening on demand this morning at 2/8/1.
Confleting rumours regarding the automobile strike situation are The outside [causing nervous) 29.
market continues to rule dull,
"Flashes: The Consolidated Gas Company of New York has earned Spot silver was quoted at 23 18/16, while forward silver was $2.03 per common share for the quoted at 32 15/16.2017
N...
Boundary
5. z
W
7
'AX } per] 1630 | plan,| 23,920
PUBLIC AUCTION.
ARTICULARS & CONDITIONS.
Pthe Sale by Public Auction
to be held on MONDAY," the 29th day of April, 1935, at 8 pm at the Offices of "the Public Works Department, by Order of His Excellency the Gov- arnor, of one Lot of Crown Land at Mount Cameron, in the Colony of Hong Kong, for a term of 75 years, with the option of renewal At a Crown Rent to be fixed by the Surveyor of His Majesty the King, for one further term of 75 YOLTE.
PARTICULARS OF THE LOT.
No. of Baie
Registry No.
Locality,
Barker Road.
It
Menurmenia.
1.
Square feet.
ft
Ft About
As' par tāls plan." 8,300 85
Is It Insured?
Insuranon -- All Classes
LOWEST RATES:::
American Atistic Underwitter
Fed. Inc., USA,“ General Agenta :-
Head Oßce
17, The Bund Shanghaf
H.K. Once Anis Life Building
Tel. 30234
TUNG CHOW PIRACY ECHO
Stolen Notes Found In Hong Kong
Ylu Heung was yesterday sen- tenced to three months' hard labour
year ending March '81.. Average dally production of petroleum for The London on New York cross- at the Central Magistracy for the theek ended April 20 was estimate was quoted at U.S.$4.83 unlawful possession of 172 Bank of as compared with US$4.84% China (Tientsin Branch) $1 notes, mats at 2,590,000 barrels, com- pared with 2,582,000 barrels of the while the New York on London
Cross-rate was quoted at previous week: Weekly electricity production totalled 1,702,000,000 ..$4.88% as compared with
U.S.$4.877 k.wh, an increase of 1.7 per cent. from the corresponding period of last year."Reuter,
(Continued on Page 10)
RAW RUBBER PRICES
Latest Quotations From
Singapore
Heaars: H. B, Joseph and Co. have received the following Straits Cur renty quotations from Singapore for Raw Rubber
Spot 19% down July-Sept. 20% down Oct-Dec. 21% unchanged. Market Dull. Selling price
cent higher on all positions.
The Hong Kon) Stock Exchange have received cable to-day Messrs Derrick
from
pram,
teres of the Raup
Gold
Mining Co. Ltd. Sin
The output for the
H.K. Goyt 4% Loan; 6%%% ren
-betul
H.K Govt 8% Loan 2%
Wallace Harpers 36
20hrApril 1935 to
At a previous hearing it was stated that the notes were among the property atolen when the Tung Chow was pirated.
S. E. Levy & Co.
ICK HOUSE STREST
INVESTMENT BANKERS +4 BROKERS
NEW YOLL COTTEN EXCHANGE
COMMODITY EXCHANGE, INC. N.I.
CHICAGO BOARD OF TRADE GANADIAN COMMODITY HICHANGE, INC.
TORE.