BANKS
HONG KONG AND SHANGHAI
. BANKING" CORPORATION ·
Authorked Capital ......................
$50,000,000 Iamed and Fully Paid-up. 20,000,000 Reserve Funda
Storling
Silver
Reserve Liability of Pro
prietors
· READ OFFICE, BESARONG,
BOARD OF DIRECTORS.
8, 1. dwell. Kuş.
Chairman,
C. C. Kuight, K. Deputy Chal
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,
Incorporated by Royal Charter, 1858. HEAD OFFICE: LONDON
à rilest
W. H. Bell, Esq. K. S, Morrison Esq., Caloutes
Semarang Husba Shanghai
£6,500,000
$10,000,000
Paid-up Capital
Reserve Fund
£3,000,000 :£3,000,000
20,000,000
Reserve Liability of Pro
prietors
83,000,000
Agencies and Branches:
Alor Star
Iloilo
Rappoos Balkon
Bangkok
Xarold
Palavia
Bambay
Kobe
Kuala
Singapor
A. II. Compton Esq..
Cuti
Lum
M. T. Johnson, Esq. Hon. Mr. J. J. Paterson,
Cawnpore
Kucking
Berabera
Madra
Talping
Colonhe
Manila
Tientsin
·Madaa
Tongkah
G. Miskin Esq.,
New Tak
Ebuber}
Hamburg Падво
Palping
Taingia
Tokohama
Chlad Manag
Fi
TERACE
Zazaboanga
BRANCHE-m
KUALA LUMPUR' LONDON
MALACCA
MANILA
GAN boro)
WURDEN
AMOT
BENGKOK
MATAVIA
T. E. Pearce Esp
V. M. Oybaru, Kay.
MOMBAY
DALCUTTA
DANTON
QUEF
COLORBO DATHEN
LYOXD
NEW YORK
PENINO
XG
HAIPHONG
KAMBING
MANIOW HARBIN
BNIEW
RL4510
D
JOHOL
KOLC
KOWLOON
PEITING
BANGOON
MATION
SHANDWAT
BAN FRANCI800
SINGAPORE
AMIRADAYA
SUNGE PATANI
TIENTEN
TURTO
TRIKOTAC
TOROMAMA
Curst Accounts opened la Local Currency med Fited Deposit recall for our your or aboris perioda in Local Company and String
Min which will be quoted on appilaiton. Hong Kong. 6th April, 1935.
HONG KONG SAVINGS BANK.
Yai Business of the abon Baul is monduot
mbe HONG KONG AND SHANGHAI MANSING CORPORATION. Rul may be whtetard on application.
7 THE HONG KONG IND SHANGHAI SANKING CORPORATION
V. M. OHAYRERA,
Chat Hanha Hong Kong, 26th February, 1935.
THE BANK OF EAST ASIA, LTD.
Shared Deplia
Tek-1) Capital .....
Hoad Yout "Farsiga. Tushanas sad General Banking business trepanc
Correal Asconale opined and Fled Depo toosired for one year or short period at which will be gosted on application
A. BREARLEY.
Manager. Hong Kong, 1st. January, 1985.
BAFETY FIRST Í
To Safeguard Your Valuabing and Jewelleries.
Deposit them in a Vault
that is really: FIRE-PROOF BURGLAR PROOF DAMP PROOF I
OUR SAFE DEPOSIT VAULT.
THE CHINA MAIL, MONDAY, APRIL 29, 1935
Commerce and
Finance
LOCAL DOLLAR DECLINES
Silver Prices Drop
The local dollar has declined, a penny, opening on demand this morning at 2/5.
Spot silver was quoted at 35%. while forward silver was quoted at
AN 35.
The London on New York cross- rate was quoted at U.S.24.81.
LOCAL SHARES.
-TO-DAY'S QUOTATIONS
The following is the Hat of local share quotations issued to-day:
Banks.
as compared with £-U.S:$4.81, while the New York on London cross-rate was
quoted U.S.34.8214, na compared with. E~|| U.S.$4.81.
EXCHANGES
TODAY'S QUOTATION
located on the Messanine Floor of On Shanghai- Our New building in Specially Con- On demand structed to provide all of these Im-On Singapore- portant Qualition.
On demand.
You may obtain a Safe Deposit
Box in this most up-to-date Vanit for On Japan- your own use at a very moderata. Ren-
Inspection Cordially Invited. THE NATIONAL COMMERCIAL
& SAVINGS BANK, LTD.
H.K. Bank $985 m.
H.K. Bank (London) £124. Chartered Bank £14% n. Marcantile Bank A. & B. 1814 Mercantile Bank C. 8184
Bank of East Aala $81. n.
z.
Am O. Finance Corp., Sh.$15 n. China O. Fin, Ord., 8h. $1.80 m. China O. Fin. Prof. Sb. 14%
Insurances.
Canton Jun. #215 n. Union, Ins; $8.50 n, China Underwriters $1 m. China. Fire Ins. $400 n. HK. Fire Ina/$215 n....... International Assce. Sh.34 . Shipping.
Douglases 630 n.
H.K. Steamboats 36 n. Indo-Chinas (Prof.). $80 n. Indo-China (Def.). $88 n. Shells (Bearer) $53/9 n. Union Waterboats $11% n.
Mining.
Antamoks 75 ets. n.
Bagulo Gold 21 cts. n. Benguet Consolidated $11 n. Benguet Exploration 10 cten. Benguet Goldfield 10 cts. a. Big Wedge 8 ets. n. Gold Creek 30 etsin.
(On London-
On T.T. and demand
4 months' right
Credits 4 months' sight
2.514 2/5 2/634
141
Balatoes $35 n.
104
On demand
200
On India
On T.T. and demand.
1613%
On New York— ...
Gold River 7. cts; n.
On demand.
5834
Ipo Mining 85 cts, sa.
Credits 60 days' sight .............
61%
Itogans 30 ets. p.
On Batavia-
Salacots 12 éts, n.
On demand
80%
Kallan Mining Ad. 18/- n.
On Paris-
Langkata (Single) Sh.$14 n.
On demand
8872
Established 1012.
Credits 4 months' sight...937%
S'hai Exploration Sh.$4% n. S'hai. Loans Sh.$5 n.
Head Ofoe-Hong Kong. ✨
On Saigon-
Rauba $51⁄2 8.
On demand
88%
Anthorized Capital
$11,050,000
Paid-up Capital
On Manila-
Venz; Goldfield #5 b.
Docks, etc.
Total Resvarces
8,655,000 22,170,499
On demand
117
H.K. and K. Wharves $90 n. Cum.
On' demand
76%
rta. H.K. and K. Wharves ex right $90
▼
Banking Bar allver per oz.
Corner of Ica Konse Street and Des Voeux Road, Central
$1,60000.00 THE BANK OF CANTON, LTD.
Manners and Undivided Profn@7,484,900.00
HRAD OFFICE:-DOXO XOXO
1 Do You Road Comiral..
BOARD OF DIRECTORE 2—
Bir Sbou Chow, Chairma
LA Com Chuu, Zag Keok, Big Won
Tua TIRE, Tag., Chas Ching back, Raqs 14 L
Leg Wong Chu fos, Lat. and as
Babay Dako
Ten Tong Fo. Fag., Chief Mosager.
LA The Fong. Eg, Kunnger.
FRANCELES AND AGENCIES1—
Mandia Mallurin Nazwaki
Branches: Canton, Toishan, Shanghal On Bangkok.—
Hankow, Bangkok & San Francisco. ^-
London Bankers: Lloyds Bank, Ltd. Sovereigns bank buying rate 2/64
and Foreign Exchange business" of every discription traza-
Bar Silver in Hong Kong Current Accounts opened and Fixed Copper Cash Deposite received for one year or Copper Cents shorter periods-zi ratsu which will be Rate of Native Interest quoted on application.
Safe Deposit Boxes (various sizes) Chinese Sub Coin
Hong Kong Sub Coln
Bestile
How York
Osaka
Blasphal Ringapore Surabaya
īphus
Peria
hydowy
Monothe
Tallick
Hangora
Tiaaleis
for hire.
Tokyo
Kavion
Sad Francese
Jakoba
Zeshanga
Paiping Penang
Brat dertation of Bechlug, and
badmau anested.; Lonne granted an approved
mere.
Cut Amount opened in Local Currene
LOOK POONG BHAN,
Chief Manager.
THE
and Filed Deposits received for paracion AMERICAN EXPRESS COMPANY,
Sorms which will be quoted on "application,
sharbor perioda in Emoni abi Forsiga
Bale Esposit Doces To
KAH TONO ro,
Chief Manager.
INC.
Head Office: 65, Broadway, New York
Capital
Besarron
.U.E.$6,000,000.00
2,087,112.89 1,998,528,81
THE CHINA & SOUTH SEA BANE, | Surplus
LIMITED
(Incorporated in China).
Herd Office.Shanghai
Capital ..... ..$7,500,000.00
Reserve
Branches ....All Important Cities
Arasieran
ADITY Albons
Haning
Berli
Babay Bremen
... BRANCHES:-
Gen
Hav
... Elles
Glogne
Nive
The Unguo
Naples
.$1,500,000.00
Hamburg
Ruidobry
Pirness Parts Palpiaj Paterne
in China
Foreign Exchange
and
General
Brussela
Enterline Jazurilam
Cairo Calorie
Louden
Liverpool
Crabes
Colomba Copenhagen Dublin Edinburgh Fioren GODITS
Banking Business transacted.
Current and Saving Accounts opened and Fixed Deposits received for one year or shorter periods at, rates which will be quoted on application.
SOU Z, CHANG, AN
HONG KONG BRANCH:
24, Des Voeux Road, Central.
Manager's Office......Tel. 88565
Manager.
Foreign Exchange Dept.
33666
General Ofica
Culler's Office
33587 58549
THE YOKOHAMA SPECIE BANK LIMITED.
Established 1880 Capital (fully paid-up) Yen.100,000,000 Reserve Fund
Yen.125,600,000
Head Office:-YOKOHAMA
Branches and Ageneles at: Alexandria
Batavia
Berlin
Calcatta
Canton
Bombay
Nagasaki Nagoy
New York Onaka Parla Peiping
Dairen (Dalny) Rangoon Fengtian (Multan) Rio de Janeiro Hamburg
San Francisco Seattle
Harbin
Hankow
Kong
Hong ... Honolulu Hainking
Karach
Kobr
London v
--Los Angele
Manila
Singapore
Socrabaya
Lurema Lapase Laser
ية المصورة
Monte Carl Muzik Munich, Max Lux
Rotterdam Bunta Shangh Beribacion Bingapo
Twormian
Viespe Venice Yokokame
Euriok
Branches of American Express Cons- рапу in Principal cities of United Biates of America and Canada.
All classes of Commercial Banking Aransactions undertaken.
Personal Investment accounts handled.
The Company offers to intending Travellers the use of its "Travalota Cheques" and Lelters of Credit and, addition, the world-wide services f its thoroughly equipped Travel De partment.
E. W. DUGGAN,-
Manager,
THE WING ON BANK
LIMITED
Head Officet. Hongkong. 26, Des Voeux Rosd Central, Authorised Capital #10,000,000
P
LONDON BANKERS: Westminster Band, Ltd. Sydney
Foreign Exchange and every descrip- Tientaln
tion of banking businesses transacted. Tokyo
Current
Accounts and Savings Tsingtan
Accounts opened. Fixed Deposita Tingkow
received at rates which will be quoted on application. Special raten given 2* do 0:mat A Special deposits
Dagaalte received for fixed periods Es rules to be obtained on application.
HEMMO KISHINAMI,NE
Interest allowed¦¦¦
He Kong, 11th March, 1985
Trusteeship and Executorship ander takon. Safe Deposit Boxes for hire,
"PHILIP GOCKCHING CAS
Chief Manager
L. GOCKCHIN COOP LISHU FONG Asst Mariage?
Asst Manager
35% .nom
,nom.
.par.
-3% pa.. 26%% dis. .par.
RAW RUBBER PRICES
Latest Quotations From
Singapore
Messrs. H. B. Joseph and Co. have received the following Straits Cur- rency quotations from Singapore for Raw, Rubber.
Spot 19% down 4. July-Sept. 20 % down Oct.-Dec. 21-4 down
Market-Dull.
Selling price cent higher on all positions. *.
THE MERCANTILE BANK OF INDIA, LTD.
HEAD OFFICE:
i, Gracechurch Street, London, LCA
Authorised Capital
Subscribed Capital Paid-up Capital
.£3,000,000 1,800,000 1,050,000
Reserve Fund & Rest.. 1,247,452
BANKERS:
New York
The Dank of England & Kidland Buck. Ląd, BRANCHES, Bangkok Bombay • Напру Calcutta Colombo
Thelbi
Galle
Hong Kong Howrah
Tpok
Harmsh!
Kota Bharu
Peu
Pair sulla
(lauritius) Kusta Lipis
Flugton Kui Timpor Shanghal Kunsten (Fabang). Simis Mindin
Singapore
HONG KONG BRANCH Bvery description of Banking and Exchange baal: que trariartid,”
Trevallare Cheque inund.
Trusted and Executorships under- taken,
INTEREST allowed on Current account and Flund Deposita, si. Haton Phat may be scurtaised on application.
KENNEDY,
T, Queen's Bosd, Central.
Hong Kong, 1st April, 1935..
THE SHANGHAI COMMERCIAL &SAVINGS BANK LIMITED
(Incorporated in China) Capital paid up
-$5,000,000. Reserves
.$7,800,000. Reserve Savings Dept. $600,000 Capital: Savings Dept. $800,000.
Red Head Office-Shanghai -A Bank having sa ita mission the industrial development of Chins and the fostering of her” commser-í cial relations abroading a
Hong Kong olles--7 Ies House 8).
Phone #1481-1-
H.K. and K. Wharves right. 810 n. H.K. and K. Docks $94 n. Providents' (old). $1 n.
Providents (new) 20 ctx n.
Hongkew Sh.$2671⁄2 n. Ex. div. Now Bhgineering Sh.$5 n. S'hai Docks Sh. $110 ̊n.
Cotton Mills.
.
Ewo Cottone Sh. $8.80 n. Shanghai Cotton (old) Sh.$68 S'hai Cottons (new) $42;n. Zoong Sings. Sh. $84 n Wing On Textiles. Sh. $55
Lands, Hotels, etc. H.K. and S. Hotels $44 8. H.K. Lands $37 88. H.K. Land 4%. Debentures
100% n.
Shanghai Lands Sh:$204 n. Metropolitan Lands Sh. $10 n. Humphreys 89% n. H.K. Realties $4.85 m. Asia Realties "A", Sh. $75 n. Asia Realties "B" Sh. $10 n. Chinese Estates $90 n. China Realtles Sh. 7 n. China Debentures Sh.3128 m.
Publle Utilities
7
H.K. Tramways $121⁄2 sa.' Pesk Trams (old) $81⁄2 ¤, Peak Trams (new), $6 n. Star Ferries $89 n. Yaumati Ferries $22 s. C. Light $9 8., $8.80 8. H.K. Electrics $61 sa. Macno Electrics $25 n. Sandakan Light $7 s. Telephone (old) $201⁄2 n Telephone (new) $9.50 n. China Buses Sh. $111⁄21⁄2 n. Singapore Traction 10/8 n. Singapore Pref. 20/6 n."
Industrials Malabon Sugar 8811⁄2 në Cald: Macg, (Ord.), Sh. 191⁄2 n. Cald: Mack. (Pref), Sh. $14% n. Canton Ices $23⁄41⁄2 B. Cements $7.40 Converted. H.K. Ropes $2 11,
Stores, etc. Dairy Farma $163⁄41⁄2 ̧». Watson $82. n. Lane, Crawfords $33⁄41⁄21⁄2 n. Mackintoshs, $21'n. Slaceres $8 m
Wm. Powells, 70 cts, n. Wing On (HK) $105 m.
Miscellaneous,
H.K. Amusements $1.85 n.. Extertainments $6.40 n. S. C. Enterprises $1.86.n.. Macno "Grayhounds” §2 n. Constructions (old) - $1.40'n. Constructions (new) 45 cts, D.' Vibro Filing $5 B..
Ch. Govt. 5% 1925 GBda 1934% 1.
H.K. Govt. 4% Loan, 6% prem.
n.
H.K. Goyt., 3% Loan 2% prem
Wallace Harpers 36 z.
FAMOUS CHINESE MANCHESTER WEEKLY
· MARKET REPORT
LIBRARY
To Be Shipped To
Canada Shortly
BEQUEATHED IN A WILL
Big Hold-Up Of U.S.
Cotton Reported BETTER BUSINESS HOPED FROM
cotton
Toronto, Canada.
SILVER SITUATION Some time this year a famous Chinese library of 45,000 volumes Messrs. James F. Hutton and Co., will be coming to a new home in Ltd. report on March 27:-- the Royal Ontario, Museum here The past week has seen
The library was collected by news somewhat in the background the noted Chinese savant, Drby reason of international develop. Moo, who left it to Canada in his menta, especially in Europe. The will. According to advices re-general tendency during the week ceived here, the precious books has been for dearer cotton and the are at present, being packed in market has become steadier. Peiping ready for shipment te outlook is still rather confused' and Cagada.
the feeling of uncertainty has been
?
It was a Canadian adviser to reflected in quotations. the Chinese Government who first suggested to Dr. Moo that
Cotton Hold-Up
The
NEW ADVERTISEMENTS
THE HONG KONG JOCKEY CLUB
HE FIFTH EXTRA RACE
T MEETING will be held (wea ther permitting) at HAPPY VAL
LEY on SATURDAY, 4th May, 1935, commencing pt 2:00 p.m.
The First Bell will be rungat” 1.30 p.m.
By Order,
C. B. BROWN,
Secretary.
Hong Kong, April 29, 1935,
PUBLIC AUCTIONS
THE undersigned have received instructions to sell by Pubijo
Auction
The should leave his books to the It is reported from the States, Royal Ontario Museum which that the Government are withhold- already has an extensive collecing 6,000,000 bales from the market tion of Chinese literature.
and with an estimated consumption Histories Of China
of 7,700,000 bales for 8 months, at "The books are civic histories" compared with 8,400,000 last sea- explained Dr. C. T. Currellyson, and 3,600,000 for the last four Director of the Royal Ontario months, ae against 4.250,000 Jast Museum, in an interview here season, the total for the year of "and they tell the exact story by 11,300,000 bales would leave a carry- years of how many of the cities
we
די
ON
Tuesday, the 30th. April, 1935 commencing at 3 p.m. Wang Ked Godown, Oak Street,
Tai Kok Tsui, Kowloon
for account of the concerned · 330 packages Cassia
(all more or less damaged by sea-water) Terms: Cash on Delivery.
LAMMERT BROS.,'.
Auctioneers.
Hong Kong, 29th April, 1935.
of China were built and develop over of 9,000,000 on August 1.
If the Government persiste in ita ed. In our museum here
determination to withhold 6,000,000) already have the world's great hales, only 3,000,000, would be left est collection of Chinese archaeo free on July 31. logy exhibits-more even than China itself has. For years now? China has had to send experts to has been the advance in silver, and
it is hoped that business with China instructions to sell by Pubile four museum to study some
phases of ancient Chinese deve will be greatly assisted. There has been a fair amount of enquiry to lopment."
Another feature during the week
The arrival of the great Mohand generally, and interest in cloth Library will be one of the big-and yarn prices has continued. gest events in the history of Canada's hest-known museum which is said to be the third in importance in North America. Reuter.
CANADA SMOKES
MORE
Cigarette Smokers Head List
TWO-THIRDS OF TOTAL HOME GROWN
Ottawa, Canada.
HE undersigned, have received
Auction
ON
Friday, the 3rd. May, 1935 commencing at 8 p...
Better Signs In India
at Godown No. 50 of The Hong Indian demand has shown signs Kong & Kowloon Wharf & Godown of broadening and offers have been Co., Ltd., Kowloon for account of received for a fair variety of cloths the concerned Dhootfe business has been quiet, although, there have been offers from both Calcutta and Bombay for the white yarn variety.
"Karachi has booked mulls, jac-| conets and sarls. while some huai- ness has been done in medium quality malla, dyed goods, fancied Fine and voiles, for Bombay. goods have again been in some de- mand for Rangoon and specialities have been sold for the Straits.
7 Hogsheads Leaf Tobącco
Hogsheads Leaf, Tobacco,
6 Hogsheads Leaf Tobacco
(all more or less damaged) Terms: Cash on delivery
LAMMERT BROS.,
Auctioneers.
"
Hong Kong, April 29, 1935.
Apart from a few fancies China GENERAL NOTICES buying has hardly been noticeable.
Egypt has booked a few bleachers
Increase in tobacco-smoking and tanjibs, and finishing cloths indicative of a country's pro-have been sold for the Near East, perity, then Canada has turned Both heavy bleachers and certain
the corner.
NOTICE.
high class prints have been in mo-XX7E": "beg to announce that
In 1934 Canada's consumption derate requeat for West Africa, and VY
W we have been appointed by'
of cigarettes increased by 12 per some business has been done. Lim-the Westinghouse Electric Inter- cent. compared with.
1989 brics, heavy drils and fancies have national Co, their Sole Distributors
Cigar smoking was up five per been mentioned for South Africa. cent, and ordinary smoking | tobacco four per cent. Only the fold-fashioned "habit of chewing
tobacco showed a decline.
Here is what "went up
In
smoke" in Canada: 4,822,406 Is It Insured?
1065
cigarettes; .119,671,000
cigars; 17,988,000 lbs. of smoking tobacco; 4.170,000 lbs. of chewing tobacco.
· Insurance --- All Classes LOWEST RATES
American Asiatic Underwriters
Fed. Inc., U.S.A., General Agents
P
Canada is a tobacco-growing country and it is estimated that about two-thirds of the tobaco Bold in Canada is home-grown Head Office The 1984 crop was estimated at 38,120,000 lbs., and in that year 17, The Bund Canada exported 8,769,979. lbs. Shangbai: [valued at $2,027,000 to 25 dif
Iferent countries-Reuter.
WHE
H.K. Ofer Asia Life Bailding Tel 30284
FIRST RED INDIAN QUALITY PRINTING
BARRISTER
Canada's Singular Distinction
Montreal, Canada. Canada has produced the first full-blooded Red Indian barrister. His name is Mr. Norman Sayler of the Caughnawaga tribe, and he has just conducted his first case in the Superior Court here.
Mr. Saylor was 'n student al} the Universite de Montréal, Láv School and passed the finali examinations of the Quebec Bar Association with much distinc tion.
Caughnawaga tribesmen are noted for their industry and ability to climb to great heights in more ways than one. Many of them were employed as rivet- ters when New. York's giant sky- scrapers were being built and they are still in demand for this sort of work owing to their cool | ness and courage-Reuter.
The s... Ranpura, which left Sin gapore on Saturday, with the Eng. lish Mails, will arrive here on Wednesday at noon.
With Quick Service
THE NEWSPAPER ENTERPRISE LTD.:
KA WYNDHAM ST.
for Hong Kong & South China for their Refrigerators, Fans, and Elec- trical Applianceв
MUSTARD & CO. LTD.
NOTICE.
XTE wish to
W
anhourice 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, Fane'& Electrical Appliances MESSRS MUSTARD & COMPANY LTB.
WESTINGHOUSE ELECTRIC INTERNATIONAL CO.
T. V. S. Skinner. Special Representative.
S. E. Levy & Co.
7) ICH HOUSE STREET
INVESTMENT BANKERSMA BROKERA
NEW YORK COTTON, EXCHANGE
COMMODITY EXCHANGE, ING. N.T. CHICAGO BOARD OF
OF TRADI
CANADIAN' COMMODITY,, EXCHANGE, ING.
CORRESPONDENTS FOR
&•CO%, NEW - YORK,