$50,000,000 20,000,000
terling... 2 6,500,000
4:
BANKS
HONG KONG AND SHANGHAI
BANKING CORPORATION
thorised Capital
aed and Fully Paid-up. Serve Funds:
lver $10,000,000 Jerve Liability of Pro-
rietors
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,
Incorporated by Royal Charter, 1883.
HEAD OFFICE: LONDON
Paid-up Capital
Reserve Fond
20,000,00) Reserve Liability of Pro-
READ OFFION: HONAKONU. BOARD OF DIRECTORS,
M. 11. Dodwell, E-2.
Chairman.
. . Kalght, Kay.
Deputy ChairinaA.
H. Bell, Esq. K. S. Morrison Eag., Calrusia
H. Compton Eng,
Hon. Mr. J. J. Paterson,
Miskin Esq., T. E. Pearce Esq.,
V. M. Drayhern; kay.
Chlet Haags.
BRANCHE
MOT JANGKOK
VIA
CUTTA
COLOMBI DAIKEN MOOCHOW
AIPHONG
MAMRUNO MANKOW
WANGLEW
FORTRE
KORK ItOWLOGN
M. T. Johnson, Esq.
LYONB
-KUALA LUMPUH
LANDOM
MALACCA
JUAN Jobore)
MANILA
MHEDEN
NEW YORK
PEIPING
PENANO
RANDON
FAIGON
BAN FRANCISCO
SHANGHAI
INGAPORE
FOURADAYA BUKURI ATANI
TIENTSIN
TORTO
181NOTAO
YOKOHAMA
Current Locust opened in Foes) Darrendy Pized Deposit received for one your or ter parlode in Local Company and Bling lgrass which will be quoted on sopuestion. Hong Kong, 8th April, 1935.
HONG KONG SAVINGS BANK.
The 'Hesiness al the above Barks soodust- 10 Lbs TIONG KOND AND BUANGHAI ANKING CORPORATION. Rul way be b09dined on application.
FOH TIZ HONG KONG AND SHANGHAI BANKING CORPORATION
V..M. GRAYBURN,
Chief Mana?.
Hong Kong, 25th February, 1975.
THE BANK OF EAST ASIA, LTD.
Charleed Capital
w-up. Capli
serve and Undivided Frotte
.$3,000,000
.ES,000,000
prietors
.£3,000,000
Agencles and Branches:
Ale tar
Tollo
Amrliest
Ipak
Flangkak
Ontario
(Oostbay
Karachi
Lobe
Inula
Conta
Lumper
Cownporn
Korklog
• Bourabay
CoTorbe
Delhi
Medan
Tongkah
Haiphong Hambers
Kaw Tork
Palping
Tsingtao
Bankow
(Pablog)
Yokohama
TADACK
Zamboanga
ત
Barkin
Rangoon Belo Bamarent Karambat Rhangkal Singapore Billawan
·Taiping Tensely
NJ
Foreign Exokange, and Qomaral Basking bad Curreal Accouels opened and Fixed Depo
transacied.
Media for on year of horde at les
A. BREARLEY.
Manager. Hong Kong, 1st. January, 1935,
which will be govind an application.
SAFETY FIRST
THE CHINA MAIL, SATURDAY, APRIL 27, 1935-
and
Commerce
Finance
SHARE MARKET
Weekly Report
20
Hong Kong April 27th, 1936. Messrs. G. A. Harriman and Co's weekly share report and market; review issued at noon on Saturday states:
The share market has experien- eed another week of depression principally due to the sharp rise
Prices in many in-: in exchange.
essed off considerably, stances
few stocks touching new with a
issues levels. Investment low
ruled much easier with Hong Kong Electrics done at $62/64% and Telephones (old) at $21. Hong Kong Trams again touched a new low.record of $132. Dairy Farms dropped to a selling rate of $16. With the exception of Cements) which were at one time marked. up to $1.90 closing with sellers at $1.70, minor issues were generally easier. Hotela, after having been transacted at $4.60, receded to a selling rate of $4.30. China Lights opened with sales at $9%, but fell away to 9. at the close, Watsons came to business at $3.50. On ac-
To Safeguard Your Valuables and Jewelleries. Deposit them in a Vanit that is really: FIRE-PROOF BURGLAR PROOF DAMP PROOF! OUR SAFE DEPOSIT VAULT located on the Mezzanine Floor 01 Our New buliding is Specially Con- structed to provide all of these Im-count portant Qualities...
of the rise in exchange, Sterling counters were very much You may obtain a Safe Deposit easier, Uniona changed 'hands... at | Box in this most up-to-date Vault for your own uso at a very moderata Ros. $375 and Hong Kong Banks were rather weak around $970. The tone
Inspection Cordially Invited. THE NATIONAL COMMERCIAL
& SAVINGS BANK, LTD. Corner of les House Street and Des Voeux Road, Central
100,000.00 THE
1,698,800, $2,$4,200,00
HEAD PICE-HONG KONG
11. Des Your Road Calend..
BOARD OF DIRECTORS
Si Badan Chow, Chairma
Hons Chau, Kag, K. Kwok, Eng
Wood
Tong, Fag., Chan For Bisk, Esq. L4 Zeq., Wong Chu Foy Faqs and In
Ying
ما اسماعة
Kan Tong Po, E. Chiat Hauagar,
Li Tos Fong. Erg Hanner.
BRANCHES AND AGENCIEM 1-
Manlle
Malbe
Night
New York
Duka
Bealta
--Ebangbal Singapore Moun
Perlu
Yankow Innolulu
...Pripin
Syduny
Talhoku
Penta
Flagoon Balgua
Isaia
Tokyo
Hac
TABARETE
Tokohama
Hy vertex. of Backing and Enkag
Con grastad es
ourier.
Durant &cownia opened, la
approved
Level CurreLS
Fixed zaposite resized for your
BANK OF CANTON, LTD.
Established 1912.
Head Office:-Hong Kong.
Authorized Capital ... $11,000,000 8,855,000 Paid-up Capital
22,170,492 Fotel Rosa.co Branches: Canton, Tolshan, Shanghal, Hankow, Bangkok & San Francisco. London Bankere: Lloyds Bank, Ltd.,
Foreign Exchange “suð Banking business of every discription trans- lacted.
Current Accounts opened and Fixed Deposits receired for one year or shorter periode at rates, which will be quoted on application.
of the market at the cibse is easy. Business during the week has been done at the following prices:
Unions $376.-
Canton Insurances $216.-- H.K. Electrica $63.-/64% Telephones (old) $21. Hotels $4.60. Lights $9.30/9%. H.K. Trama $181⁄2/14- Cements (converted) $7.40. Bank of E. A. $81.— H.K. 4% Debentures $100- Dairy Farms $17. Watsons $32. Constructions (N) $0.40. Wharves Rights) 310- Cements $1.35/1.90. Antamoks. $0.75, Baguio Gold 21/25 eta.
Safe Deposit Boxes (various) COMMODITY PRICES
ter hire.
THE
prier parinte in land and Foreign Orada AMERICAN EXPRESS COMPANY, New
bertos which will be so appliesJos.
Bala Depo Do To Lat
THE CHINA & SOUTH SEA BANK, Surplus
LIMITED
Reserven
+
11.85. .11.90
LOOK POONG SHAN, The following quotations baya
Chief Manager beon received by Reuter.
Apr. 25. Apr. 26. Closing Closing
New York Colton:-
11.70
INC.
July
11.72
KAN TONG 20,
Chief Manager.
Head Office: 85, Broadway, New York
October
11.35
11.50
December
11.44
i. 11:57
Jan. (1936)
11.47
11.59
Capital
U:S.$8,000,000.00 | March
2,087,119.59 1,008,528.81
Spot..
12,00
11.59 11.68 12.25
New York Rubber:--
BRANCHES:-
May
(Incorporated in China)
Bas
Milas
July
Head Office...Shanghai
Nice
September
$7,500,000.00
The lingu
Naplas
Au
Ваты
Pirmam
October
$1,600,000.00
Ведие
All Important Cities
Bartin
in Chine
Foreign Exchange
and
General
Baking Business transacted.
ond
Botabe Breton Brunonis Calro Calcutta Casus Calomba
Rumberg LIGH Helderberg
Packa
Felpla
December
Palem
Retiada Ro.me Вырабл
January
Chicago Wheat:
Liverpool
May
98
100%
Lucero
Индороги
There
July
97%
994
Taormina
Mervillag
September
977%
100%
24inborg
Mncia Carle
Florence
Manila
Gear
Monish
Faci
Zurlak
Chicago Corn:→→→
May
874
69%
Mont
July September
83%
04%
Branches of American Express Com pany in Principal cities of United Btates of America and Canada.
784.
79%
Winnipeg Wheat:- May
July
Capitai
Reserve
Branches
Current and Saving Accounts opened and Fixed Deposits received for year or shorter periods at rates which
will be quoted on application,
BOUNG GIẢNG,
Manager.
HONG KONG BRANCH: 24, Des Voeux Road, Central. Manager's OfficeTel. 38505 Foreign Exchange Dept... 28666 General Oca
88567 23569 -Cashier's Office
********
Amsterdam Antwerp Ashom
Interlaket Jesusalem London
Lugane
Copenhagen Luot
Trubila
Sompion
11,76 11.75 11.90 11.86b 12.02 11.97 12.07 12,04 12:20 12.22 12.27 12.27
All classes of Commercial Banking New York Bugar:— Pransactions undertaken.
"
handled,
7
THE YOKOHAMA SPECIE BANK Personal investment accounts
LIMITED.
Established 1880
May
87% 8914 88%
90%
No. 1 No.3 No. 1 No. 3 Con. Con. Con. Con. 2.38 2.36 2.85 2.34 2.44 2,42 2,41 | 2:40 2.61 2.48 2.47 2.45 2.59 2.54 2.56 2.52 2.45 2.36 2.43a 2.85
July The Company offers to intanding Sept. Travellers the use of its "Travelers Dec. Cheques" and Letters of Credit and, Jan. (1936) Bajgital (fully paid-up) Yen.100,000,000 addition, the world-wide servicesNew York Silk:---
Yen.125,800,000 Its thoroughly equipped Travel De
partment.
Reserve Fund
Head Office:-TOKOHAMA
-Branches and Agencies at:
*Alexandria
#Batavia
*Berlin
Bombay
Calcutta
Canton
*Dairen
Bankow
Barbin
Nagasaki Nagoya New York
Oska Pari
Pelping
THE WING ON BANK LIMITED
May July E. W. DUGGAN; September
Manager Montreal Silver:-
May July.. September December
b-bid
1.34% 1.34. 1.34 1.34 1.39 1.32
76.30b .78.80 75.90b
79.80b 76.67b 79.67. 78.006 81,00b B-asked
(Daley) Rangoon
(Mukden) Rio de Janeiro
Rong Kong
tanolulu Jasinking Karachi
Kobe
London
2200%Angeles {Tanila.
Mon
San Francisco
Bestu!
Seattla
Shane
Singapore. Sourabaya Sydney Tientsin Tokyo:
...
...
Head Office: Hongkong. 26, Des Voeux Road Central. Authorised Capital #10,000,000
LONDON BANKERS— Westminster Band, Ld. Foreign Exchange and every descrip. tion of "banking businesses, transseted. Current Accounts and Bavings Accounts reccited, at rates which will be quoted on application. Special rates given dr Special deposits,
opened.. Fixed Deposits
Trustschip and Executorship ander- taken. Safe Deposit Boxes for hire,
PHILIP GOCKCHIN
Chief ManarTON, N
Interset allowed on Umrat Deposita received for sized periode rates to be obtained on application,
C KISHINAMIK
St Manager. › |L, GOCKCHIN, Hon 21th March, 1986; | Adst. Manager
LI SHU FONG - ́Asst. Manager:
THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED
(Incorporated in China)
Capital paid up..............85,000,000, Reserves. ...$7,000,000. Capital Barings. Dept.: $800,000. Resorts Savings Dept.. $600,000.
Head: Oleo-Shanghal-
A Bank having as ite mission tha Industrial-development of - Okina and of her sommer-
LOCAL SHARES.
TO-DAY'S QUOTATION
The following is the list of local share quotations issued to-day:
Baoke
·
H.K. Bank $970/960, sa.
H.K. Hank (London) £124 n. Chartered Bank £14% no- Mercantile Bank A. & B. $311⁄4 n. Mercantile Bank C £131⁄2 n. Bank of East Asia $81 n. Am: 0. Finance Corp., Sh.$15 n. China O. Fin. Ord., Sh. $1.80 1. China O. Fin. Pref. Sh. $41⁄2 D..
Insurances.
Canton Ins. $215 n. Union Ina. $3.50 n.'
China Underwriters: $192. China Fire Ins. 8400 . H.K. Fire Ins. $216 n. International Assce. Sh.84% n Shipping.
Douglases $39 n. H.K. Steamboats, 36 s. Indo-Chinas (Pref.), $30 n. Indo-Chinas (Def), $89 ne Shells (Bearer) $59/9 n. Union Waterboats $11.
Mining.
Antamoks. 75, els m Balatoes $35 n. Baguio Geld 21 els sa, Benguet Consolidated $11 n Benguet Exploration 10 etsin. Benguet Goldfield 20.cts. n.
Big Wedge 8 cts. n. Gold Creek 30 ets. n.
Gold River 7 cts, n.
Ipo Mining 90 ets. n. Itogans 30 cts, n. Salacots 12 čl. n. Kallan Mining Ad. 18/- n.; Langkats (Single) Sh.$14 n. S'hal Exploration Sh.541⁄2 n. S'hal Loan's. Sh.$8. Raubs $5% n. Venz: Goldfield" $5 n. Docks etc. I.K. Wharves $90 n. Cum. rts, H.K. Wharves ex right $90 n. H.K, Wharves right $10 sn. H.K. Dock $94 n.
Providents (old) $1 n. Providents (new) 20, cts. D. Hongkew Sh:$2671⁄2 n. Ex. div. New Engineering Sh.85 n.' S'hai Docks Sh. $110 n.
Colton Mills, Ewo Cottons Sh. $8.80 n. Shanghai Cotton (ald) Sh.$88 m. S'hai Cottons. (new)' $42 n. Zoong Sings Sh. $81⁄2 n. Wing On Textiles, Sh. $55 n.
Lands, Hotels, etc. H.K. and S. Hotels $44's. H.K. Lands $38 ka.
H.K. Land 4%
100% n.
Debentures
Shanghai Lands 'Sh.$20% n. Metropolitan Lands Sh. $10 n. Humphreys $9 n.. H.K. Realties $4.85 n. Asia Realties "A", Sh. $75 n. Asia Realties "B" Sh. $10 n. Chinese Estates 190 n. China Realties Sh. $7 n. China Debentures Sh.$123 n.
Public Utilities
H.K. Tramways $181⁄2 sa. Peak Trams (old) $8%1⁄2 n. Peak Trams (new), $6 n. Star. Ferries $89 n. Yaumati Ferries $22 s.
C. Light 39 s., $8.90/9.00 sa. H.K. Electrics $68/62% sa. Macno Electrics $25 n. Sandakan Light $7 B. Telephone (old) $20% sa. Telephone (new) $9%/9.30 BA. China Buses Sh: $11 n. Singapore Traction 10/3'n. Singapore Pref. 20/6 n.
Industrials
Malabon Sugar 381⁄2 n. Cald: Macg. (Ord.), Sh.$19% n. Cald: Macg. (Pref), Sh. $144 n Canton Ices $24 8
Cements $7.40 n. Converted. H.K. Ropes $2.60.8a.
Stores, etc. Dairy Farms $163⁄41⁄41⁄4 s. Watson 8 n. Lane, Crawfords $31⁄2 n. Mackintoshs, $21 b. Sinceres 38 m.
Wm. Powells, 70 ̊ets. D. Wing On (H.K.) $105 n.
Miscellaneous,
H.R. Amurements $1.85 n, Entertainments. $6.40 D. S. C. Enterprises $1,85 n. Macao "Greyhounds" $2 p. Constructions (old) $1.40 . Constructions. (new) 45°cts..n. Vibro Filing $5 ́ ́s. · Ch. Govt. 5% 1925 GBB
98%% n.
"
·H.K. Govt. 4% Loan, 6%% prem.
cial relations broad H.K. Govt. 84% Loan 2% prem
Hong Kong offca...? Tos Estria BC.
Phone: 31(81-3/
Wallace Harpers $68.
General Araki, Japanese Minis- ter of War, who is at present on his way to Berlin to talk with Herr Hitler on the subject of an alliance between their respective countries.
NEW YORK STOCK MARKET
Traders Keep Watch On Silver Policy
PROFIT-TAKING EXPECTED IN ABSENCE OF RISE
In their market report, Messra. S. E. Levy and Company, corres- pondents for Messrs. White Weld and Company, New York, state:-
NEW YORK STOCK
EXCHANGE
Reuter Quotations
April 27.
The following quotations were re- ceived by Reuter:-
N.Y./London N.Y. Cotton
"July,
Oct.
close 10.20, 11.00 4.894 4.81 4.30%
11.72 11.80 11.78 -11.35 11.42 · 11.40-
11.00
N.Y. Rubber
July
11.90 11.01
SupL
12:02 12.09
12.00
C Wheat May 08
00%
July
97%
08%
C. Corn May 87
88
W. Wheat May 87%
88%
STOCKS:
Amer Smelting 434
44%
447%
Con Gas N. 244
23
2334
Elec-Bond & Sh 7%
7
Du Pont
99
General Motore 81%
31
30%
... 8
冠
38
B 384
77%
384
24
24%
26
254 254
N.Y. Central
17% 174
17
Standard Oil NJ 42 U.S. Steel
$1%
424
39
33
32
Int Tel & Tel Loew's Inc
Montgomery W. 24%
Nat Distillers
H.K. SHAREBROKERS' ASSOCIATION
Stock "Report
NEW ADVERTISEMENTS
DOLLAR ACADEMY, Dollar, Scolland.
REPARATION for Universi
On list of Schools Commerce.
Con nominating for Sandhurst. tingent of Junior Division O.T.C
Mild climate and Healthful aur- roundings, specially suitable for colonial boys and boya from urban areas. Jacent.
Preparatory School ad-
Prospectus and full particulars may be obtained on application te the School Secretary, or at the offices of this paper.
Headmaster, HUGH F. MARTIN,
·B.A., (Oxon).
GOVERNMENT NOTICES.
R
PUBLIC AUCTION
ARTICULARS & CONDITIONS
Pthe Sale by Public Auction
The following report was lasued to be held on MONDAY, the 29th by the Hong Kong Sharebrokerst day of April, 1985, at 3 p.m., at Association yesterday afternoon..
Bank of East Asia $80 b. Nat. Com. Bank $4 b Douglase: $38.b. Waterboats $11 b.. Wharves Rights $10 b. Peak Trams Old $81⁄4 b. Electrics $63 ea. Entertainments $5 b. Constructions Old $1.40 b.
"Stocks: Metal stocks comprised the major part of to-day's trading. In the absence of a rise in London silver prices, we expect heavy pro- fit taking in this group, which would undoubtedly spread to the balance of the List. Total busi-Land Debs. $100 88. ness: 1,520,000 shares.
Traders are carefully watching the immediate Government silver policy. A broadening of inflation-i ary Interpretation of rising silver prices is beginning, to influence sentiment on the part of commodity
trader,
Constructions New 40 cia. b.. Nanyangs $4.25 b. Gold Bonds 92% b.
Govt. Loan 3%, 2% b
CHURCHESE
FIRST CHURCH OF CHRIST, SCIENTIST
the Offices of the Public Works Department, by Order of His Ex- cellency the Governor, of one Lat of Crown Land at Ho Mun Tin In the Colony of Hong Kong, for ■ 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.
Feare.
PARTICULARS OF THE LOT.
Lot No. 3254.
auction of arga
Registry No.
No, of xala
Locality.
Boundary
Mensuramenta,
Square foot
16 | Anmal Bestal
149 | Upest, Prien !
It about
Aa į per sash | pian,23,220 | 200|
"Flash: The American Railway Association estimates carloadings at 611,000 cars, an increase of 19,000) ears from the corresponding period (Branch of The Mother Church, of last year.".
The First Church of Christ, Scien- GENERAL NOTICES:
Our New York office cables:tist, in Boston, Mass., U.S.A.] Reed. 11.16 p.m.: There are no Macdonnell Road, Below Bowen
Road Tram Station rains in the Grain Belt, where they are needed.
Sunday Service, 11.15 a.m.
the Subject: PROBATION AFTER
E. A. Pierce And Co's Report In their market report, American Oriental Finance Cor-DEATH.
for poration, correspondents Messra. E. A. Pierce and Company of New York state:-
[W1
NOTICE.
that
announce TE beg to
we have been appointed by the Westinghouse Electric Inter
The Sunday school is held on national Co. their Sole Distributors Sunday Morning at 10 o'clock for Hong Kong & South China for Wednesday Evening Meeting at their Refrigerators, Fans, and Elec "Stocks: Railroad issues respond-
Reading Room at above ad-trical Appliances, p.m. ed to favourable carloadings redress open Tuesday and Friday, 10
MUSTARD & CO. LTD. ports, while utility shares were softa.m. to 12. noon, Monday and on uncertainty over Legislation. Thursday, 5.30 to 7 pm. The The confused situation regarding Public le cordially invited to attend the the service and visit the Reading silver is causing caution on part of tradera.
Room.
"Cotton: The market is meeting with cotton at the scale-up, but de mand is good. The tone is steady. "Sugar: Actuals were quiet, with Little interest prices unchanged, was shown by redners. The futures market was slightly lowed on Trade selling.
.
"Grains: The wheat market was firm on the strength of silver, in- fiation talk, strong cables from abroad and the strength of the Minneapolis market.
There were
Is It Insured?
Insurance All Classen LOWEST RATES American-Asiatic : Underwriters Fed. Inc., USA. General Agénia
reports of a dust storm in the West, Head Offer while the South-West stili. lacks 17, The Bund rainfall. Corn and other grain Shangha|| marketa derived their strength from wheat.
'
(Continued on Page 9)
Latest Quotations
The following quotations have been received by Reuter,
...
|| N.Y./London ·
cross-rate
N.Y. Cotton July N.Y. Rubber-July Chicago Wheat Chicago Corn-May
Prov. To-day' #losa
close
4.83% 4.81% 11:72 11.90
11.00 11.85b My 98 1001
874
Montreal Silver-May 75.30 Silver Official.....
ליף
891
78.30 A
Apr. 25 close Change 30 Industrials 110.47 110.57: .10 off 20 Rails
31.84 81.01 .27 up 20 Utilities. 10.03 18,66
.37 off 40 Bonds... 05.28 95.27 01 off 11 Commodity
Index
59.51 60.05 .54.up
10 Leading Stocks Amer, Smelting Ataburz
J. 1. Cano
H.K. Once Asla Life Balldlag
́ ́Tel. 30286-
W
NOTICE.
E wish to announce that, our distributors for Hong
Kong and South China are now the following:--
For Power and Industrial
Equipment,
MESSRS. REISS MASSEY &".
CO. LTD.
For Refrigerators, Fans &
Electrical Appliances MESSRS MUSTARD & COMPANY LTD.
WESTINGHOUSE ELECTRIC INTERNATIONAL CO.
T. V. S. Skinner.
Special Representative.
S. E. Levy & Co.
7, ICH HOUR STREET
INVESTMENT BANKNAK 'A BROKERS
MEMBERS
NEW YORK COTTON EXCHANGE
COMMODITY EXCHANGE, ING, NY,
CHICAGO BOARD, OF TRADE
CANADIAN COMMODITY. EXCHANOR,; ING.
43%
24xx
.56%
Ele: Bond & Share
General Motors
3016
Int Tel &-Tol
T
CDARKAPONDENTE. POR
Montgomery Ward
24%
Nat Distillers
25
WHITE, WELD & (0%, NEW
N.Y, Central
1714
U.8, Steul
82%
Business - Done: 1,620,000 share