BANKS
HONG KONG AND SHANGHAI 1. THE CHARTERED BANK OF DEBANKING CORPORATION INDIA, AUSTRALIA & CHINA.
thorised Capital ....... bed and Fully Paid-up
$50,000,000
20,000,000 Incorporated by Royal Charter, 1858.
HEAD OFFICE: LONDON
M, 38. fodw#5). E44.
STEADY
THE CHINA MAIL. TUESDAY, APRIL 30, 1935
and
Commerce
Finance
Silver Prices Down
Serve ·Funds:
terling
£6,500,0001
LOCAL DOLEAR`
Elvar...... $10,000,000
Marve Liability of Pro
||Paid-up Capital
Reserve Fand
£23,000,000
#3.000.000
rietors
20,000,000 Reserve Liability of Pro
HEAD OFFICE: HONGIORG. BOARD OF DIRECTORS,
prietors
£8,000,000
Agencies and Branches:
İtlar Glas
Iloilo
Ipok
Rangoon Enigon
Banstol
Karackl
Remarang
・fetaria ·
kom
Bombay
Calentin
Beremban blogbal Ficgapore
Натрие
Dumpers
Fucking
ob
Madras
Colasahe
Wuntle
Dalled
Medan
Kalpanag-
New York
Paiping
(Palog)
Chairmas.
4. C. Kalek, K
Deputy Chairs
H. Bell, Esq. K. S. Morrison Esq.,
EL Compton Enqui
M. T. Johnson, Esq.
Hon. Mr. J. J. Paterson,
Miskin Esq., T. E. Pearce Esq.,
MOT
BATAVIA
{BAT
J. M. Omyba, Key
Ohlal Manager. I
BRANCH |--
KITALA LUMPUR
LONDON
LYONS
MALACOA
MANILA
MUAR (okers)
PRIMING
UTTA
BAXTON
DOLOMBO
MUKDEN
NEW YORK
MAIPHONG DAMBIFFIO WANKOW
HOMEW
SOMORE
KOWLOON
PENAKO RANGOON
BATOON
SAN FRANCIS00
BILANGAI
SINGAPORE.
SURABAYA
F1: NORI PATANI
TIENTSI
TOKYO
TRINITAD
YOKOHAMA
fament dupla opened like Curranas Fixed Deposite received for one year or skater periods is oes! Company and Herling Lerma whirs will be quoted in explication. Hong Kong. 6th April, 1936.
Ameliest
Hamburg
Tine kam linebis
How Long
Bourbage Talping The nila Tongkak
_{Bluber)
Zungino Yokohama
Zamboanga
Fielen Berbeage and Omowy Banking basis Jirsanafed,
Current Accountà opened and 'Pized Deposit sondrač fan, sua post or sherlar periale si rela which will be quoted on appliretion.
A. BREARLEY,
Manager. Hong Kong, 1st. January, 1935.
SAFETY FIRST !.
To Bafeguard Your Valuables and Jewelleries. Deposit them in a Vault
that is really:
FIRE - PROOF
BURGLAR - FROOF
DAMP-PROOF!
· OUR ́SAFE DEPOSIT VAULT
The local dollar is unchanged, opening on demand this morning at 2/5.
Spot silver has fallen from 86% to 94 1/16--and forward from 85% to 34 3/16.
The London on New York cross- rate was quoted at U.S.4.83%, as compared with -U.S.84.81%, while the New York on London cross-rate WAS quoted at 4- U.S.$4.834, as compared with U.S.$4.822.
EXCHANGES
TO-DAY'S QUOTATION
located on the Mezzanine Floor of On Singapore
¡Our - New buijding „le Specially Con-
HONG KONG SAVINGS BANK structed to provide all of these Im- On Japan-
The Husion of the shore Back la conduct
of the TONG KONG AND BIFANDWAT DANKING CORPORATION.
Buine
кому
ba
Phrained on application.
FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION
V. M, GRAYDOEN. **
Chief Marke
Hong Kong, 26th. February, 1935.
HE BANK OF EAST ASIA, LTD.
väriend · Daglial
$10,000,000 $ FAOR)non.cw. maya, and Undridad Profia 0,486,500.00
Capli
BEAT OFFICE:-MOMO XOXO
19 Vores Bond Central.
BOARD OF DIRECTOR:--
Bir Show Chow, Chairman,
In Cun, Fa. Kwak,
Tang, Fagu Cha Ching Shel. Esq., ZA Da
portant Qualities.
On demand You may obtain a Safe Deposit On India Box in this most up-to-date Vauli for your own use at a very moderate RéD-| tal.
Inspection Cordially Invited." THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeux Road, Central
LOCAL SHARES.
The following is the list of local share quotations issued to-day:
NB Banka,
H.K. Bank $975/80_sa. H.K. Bank (London) £124. Chartered Bank $143⁄41⁄2 n. Mercantile Bank A. & B. $81 Mercantile Bank C. 8181⁄2 n. Bank of East Asia $81 n.
Am: 0. Finance Corp., Sh.$15 China 0, Fla. Ord., Sh. $1.80 n. China 0. Fin. Prof. Sh. $4%
Insurances.
Canton Ins. $215 n.
Union Ins. $3.50 n, China Underwriters $1 n. China Fire Ins. $400 . H.K. Fire Ins. $200 s. International Assce. Sh.34 0. Shipping.
Douglanes $39 n.
H.K. Steamboats 56 s. Indo-Chinas (Pref), $30 n. Indo-Chinas (Def.), $83 n. Shell (Bearer) $54/4% n. Union Waterboats.. Mining.
Antamoks 75. cts. D.
Balators $35 n. Bagulo Gold 21 cte. n. "Benguet Consolidated 811 n.
Benguet Exploration 10 cts ii. Benguet Goldfield 10 cts. n.
Big Wedge 8 cts. n.
NEW YORK STOCK MARKET
Irregular, With Firm Undertone
FURTHER LIQUIDATION
EXPECTED
NEW ADVERTISEMENTS
UNION INSURANCE SOCIETY OF CANTON LTD. "(Incorporated in Hong Kong)
NOTICE TO SHAREHOLDERS-
TOTICE IS HEREBY GIVEN.
Nase the ORDINARY YEAR-
In their market report, Messi.LY MEETING of the Society S. E. Levy and Company, corres will be held at the HEAD OFFICE, pondents for Messrs, White Wald Union Building, Hong Kong, on and Company, New York, state:FRIDAY, 24th MAY, 1985, at 11 "Stocks: The market was irregu o'clock am, for the purpose of
m. far, with a firm undertone. The ab receiving the Report of the. Dire
sence of a Supreme Court decision tors and the Statements of Account on the Fenelon case, however, will to 31st December, 1934, and of de-; probably bring about further liquilaring Dividend, etc. dation. The action of silver sharo
The TRANSFER BOOKS of the
n.
.
ly.
On. London
On T.T. and demand ·
2/5
4 months' sight ... Credits 4 montha! sight
2/5%
2/01/2
On Shangbai–
On demand
140
On demand
· 103%
204
Op. T.T. and demand
160
On New York-
Gold Creek 30 cts. n.
On demand
58%
Gold River 7 cte, n.
Credits 60 days' sight
61%
Ipo Mining 84 otain.
On Batavia-
Itogans 30 cts, n. -
On demand
85
Salacota 12 dis. n.
On Paris-
Kailan Mining Ad, 18/- n.
On demand
8822
Langkata (Single) Sh.$14 m.
·Credits 4 months' sight .. 9321⁄2
S'hal Exploration Sh.$4
m.
On Saigon-
S'hal. Loans Sh.$54.
On demand
88
Raubs $5% 8.
On Manila-
Venz; Goldfield $5 p.
On. demand
117
Docks etc.
On Bangkok (
$11,000,000
8,655,000
On demand.
82,170,102 Sovereigns bank buying rate..
764 2/6 34 1/16
H.K. and K. Wharves $90 n. Cum.
rts.
H.K. and K. Wharves ex right 190
1},
THE BANK OF CANTON, LTD.
Estabilaked 1812.
Head Ofice-Bong Kong,
Authorised Capital
Paid-up Capital
Total Resources
ad Lagu Bing Cla Bow, Bag, and Xan Ting Branches: Canton, Tolaban, Shanghai, Bar silver per oz.
13 Xàn Toy Pn. Faq.. Eidal Hanaque.
The Four. Kay, Manager.
BRANGEES AND
Bankow, Bangkok & San Francisco. Bor Silver in Hong Kong..... nom. London Bankers: Lloyds Bank Ltd Copper Cash
Foreign Exchange and Banking
.nom.
.par.
Rate of Native Interest .3% pa.
Current Accounts, opened and Fixed Chinese Sub. Coin ... 26% dis. Deposits received for one year or shorter periods at rates which wilHong Kong Sub Coln....par.
LONDON EXCHANGES
bustness of every discription transCopper Cents
Wanita,"
Buklə
acted.
im
Lomarna
2. Nagtanis
Now Fork
lagspare
Cha
Soursbaye
Paris
Suntow
quoted on applleation.
Palpla
bydney
Penang
Takbok
fer hire.
Rangoon
Balgow..
Bas Fransi
Safe Deposit Boxes (various aises);}
LOOK POONG SHAN,
Chief Manager, t
Tok to VLBOOB THE Telcham
By piles of Banking and Exchange bela, trasanded. Lovas graalal en approved
Chegal Azomurja" spound, in, Loval Curemen
Pa Deposita resolv
bubar perioda la Lanal and Foreign Currencies lebend which will be quoted as "uppilosthem.
Bala Trepcali Born To Lay
KAN TONG TO.
AMERICAN EXPRESS COMPANY, INC.
THE
H.K. and K, Wharves right $10 n. H.K. and W. Docks $94 n.. Providents (oid) $1 n. Providents (new) 20 cis, D. Hongkow 'Sh. $2671⁄2 n. New Engineering Sh.35.n. S'hal Docks Sh. $110 n.
Cotton Millɛ.
Indicates the possibility of a fur. Society will be CLOSED from 8th ther move by the Government short-MAY to 24th MAY, Both Days la
By Order of the Board,
An accumulation of these inclusive. {sues on weaknesses is recommanded,
Business done: 690,000 shares.
"Gratns: We expect fair-sized; May deliveries of rye and wheat, but very small in corn and oats. We still prefer purchases on weak- ness. Total sales: Wheat: 14,690,- 000 bushels: Corn: 8,251,000 bus- hela.
A. W. HUGHES,
General Manager.
Hong, Kong, 80th April, 1936.
THE CHINA FIRE INSURANCE COMPANY, LTD. (Incorporated in Hong Kong)
NOTICE TO SHAREHOLDERS
TOTICE IS HEREBY GIVEN
"Cotton: Southern spinners fa- vour a continuation of the 12-cent loan. The market for futures was Not the ORDINARY YEAR- lifeless.
We would confine purLY MEETING chases to good setbacks.
of the Company i
"Rubber: Tyre sales continue good will be held at the HEAD OFFICE, and the general situation remains Union Building, Hong Kong, en unchanged. Total sales: 612 lote. FRIDAY, 24th MAY 1935, at 11.20
for "Silk: The market has statistical-am
the purpose of
ly improved and any increase in buy-receiving the Report of the Dire
tora and the Statements of Accoust ing could easily cause better prices.to 31st December, 1934, and of de Total sales: 12 Jota.
(Continued m Page 7).
BRITISH OVERSEAS TRADE
New Anglo-Italian Agreement
PROVISIONS OUTLINED IN COMMONS
claring Dividend, etc.
The TRANSFER BOOKS of the
Company will be CLOSED from 8th MAY to 24th MAY, Both Days 1-
clusive.
By Order of the Board,
HA. W, HUGHES,
General Manager,
Hong Kong, 30th April, 1938, .
BRITISH TRADERS' INSURANCE COMPANY, LTD. (Incorporated in Hong Kong)
1
*
NOTICE TO SHAREHOLDERS
TOTICE IS HEREBY GIVEN
Nhat the ORDINARY YEAR-
London, To-day. Colonel Colville, Secretary to the Department of Overseas Trade, on behalf of the President of the LY MEETING of the Company Board of Trade, Mr. Walter Runci- will be held at the HEAD OFFICE, [man, announced' in the House of Union Building, Hong Kong, on Commons yesterday that as a re- FRIDAY, 24th MAY, 1935, at 11,25 sult of the Anglo-Italian negotia- á.m. for the purpose tions 'it had been agreed that the receiving the Report of the Direc- best course for the present is to tors and the Statements of Account continue with certain adaptations to 31st December, 1934, and of de- of the provisional arrangement claring Dividend, etc. which was concluded on March 18. The TRANSFER BOOKS of the Elther Government has a right Company will be CLOSED from 8th H.K. and S. Hotels $4.05 b. 4 the end of any month from June Clusive.
to ternate the arrangement at MAY to 24th MAY, Both Days in-
Ewo Cottons Sh. $8.30 n. Shanghal Cotton (eld) Sh.$68 x. S'hai Cottons (new) $42 n. Zoong Sings Sh. 181⁄2 n. Wing On Textiles. Sh. $55 n.
Lands, Hotels, etc..
Paris
London, Yesterday, 73-5/01
New York
4.83-5/16
Montreal
Brussels
4.854 28.46
Geneva
Amsterdam
Milan
Chief Managee.
Head Offee:65, Broadway, New York
Berlin
14.89. 7.134 58-7/16 11.98
10/4.00 82.
H.K. Lands $37.
H.K.
Vienna
26
Prague
1154
Capital
• 17.8.$8,000,000.00
Madrid
2,087,112.69
Remrves
1,995,528.21
Athens
Bucharest.
85% (?) 507 Sellers 477% (?)
HE CHINA & SOUTH SEA BANK, Surplus
LIMITED
The lagus
Reynos Hamborg MAYO Halda harg Interiskan Jerusalata Loodon Liverpool Luper Lagan
Paria Popio Pale me Rotterdam Bonse Shitgh! Portbsplos Blumapori
BRANCHES!—'
(Incorporated in China?
Aretenden
Bend Office ...Shanghai
Antwor
Gabon "Biogen
Athens
Hito Kion Nagios
Capital
..$7,500,000.00
Аваная
Piraeca
Reserve
..$1,500,000.00,
Branches
All Important Cities in Chin
Berita
Dombey Bremen
Foreign Exchange
and Gezera!
Brussel
Claire
anking Business transacted.
Canne
Calryta
Colombo
Coyschagen
Lace
Dubila
Edinburgh Faroe
Marili Monia Okela
Manila
Genera
Wonjor
Tianjin Torcalum Viraca Venice Yokohama Zurlos
Moules.com
Current and Saving Accounts opened Ad Fixed Deposits received for ope far or shorter periods at rates which
be quoted on application.
SOU Z. CHANG,
Manager.
HONG KONG BRANCH:"
24, Des Voeux Road, Central, (Manager's Office ..............Tel. 88685
Foreign Exchange Dept. General Office ....
Cashier's Office
88568
28567
28569
HE YOKOHAMA SPECIE BANK
LIMITED.
Established 1080
Branches of American Express Com- pany in Principal cities of United Btates of America and Canada.
All classes of Commercial Banking Transactions undertaken.
*
Hong Kong Silver Spot
Montevideo. 40% Sellers Offi Shanghai
1/8/ 2/5 7/16 34-1/16 Warloan 3%. 1054 exdly.' British Official Wireless Service.
NEW YORK STOCK EXCHANGE Reuter Quotations
10.20 11.00
April 30, The following quotations were te- ceived by Reuter:-
close N.Y./London 4.88% 4:83% 4.80% N.Y. Cotton
July. Oct.
11,89 11.78 11.78 11.41 11.20 11.82
11.78 11.72 11.68 11.02 11.00 11.90
99%
Personal investment accounts N.Y. Rubber Įtandled.
July Sept. The Company offers to intending C. Wheat May. 90% Travellers the use of ita “Travelers July
98% Cheques" and Latters of Credit and, C. Corn May 80%
addition, the world-wide services W. Wheat May 88 pital (fully paid-up) Yen.100,000,000 if its thoroughly equipped Travel De STOCKS
Te Fund
Yen.125,800,000 |partment.
Head Onco-YOKOHAMA
janches and· Agencies at:
Nagraki Nagoya New York
Osaka Pari Keiping Rangion gtien (Mukden) Rio de Janeiro
San Francisco Seattle Semarang Shangha!
Singapore
Land 4%
Debentures
100% B- Shanghai Lands Sh.$201⁄2 m. Metropolitan Lands, Sh. $10 n.' Humphreys $94,
H.K. Realties $4.85 n. Asia Reslties "A", Sh. $75 n. Asia Realties "B" Sh. $10 n, Chinese Estatee $99 n. China Realties Sh. $7 n. China Debentures Sh.8128 n. Public Utilities
H.K. Tramways $121⁄2 sa. Peak Trams (old) $81⁄2 n. Peak Trams (new), $8 n. Star Ferries $89.
Yaumati Ferries $22 3. /
'C. Light $8.70 b. $8.80 a., $83⁄4
sa.
H.K. Electrics $61 b., & Macao Electrics $25 a. Sandakan Light $6 a Telephone (old) $20, 54. Telephone (new) $0.40 s." China Buses Sh. $111⁄2 n. Singapore Traction 10/8 n. Singapore Pref. 20/6 n..
Industrials
Malabon Sugar $31⁄2 n. Cald: Mecg. (Ord), Sh.$181⁄2 nữ Cald: Macg. (Pref), Sh. $14% n. Canton Ices $1.80 BB.
Cementa $7.40 n., Converted.
#Stores, etc.
98%
89%
884
E. W. DUGGAN,
Amer Smelting 42% 42% 42 Con Gas N.Y. 22% 224 Du Pont
004 Manager, Elec Bond & Sh 64 6
General Motors 80% -304 Int Tel & Tel Loew's Inc
37% 38. Montgomery W. 25% 243
24% 25% N.Y, Central 174 Standard Oil NJ 42%
42 U.S. Steel. 324 824 82
224
9644
H.K. Ropes. $2...
6
30
Dairy Farms $16 s.
674
Watson 88% n.
+38
24%
25
Lane, Crawfords' $81⁄2 n. Mackinkahs, $21-b.
10%
Sinceres $B VÍ
41%
THE WING ON BANK Nat Distillers
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 and"." Savings Accounts opened.
Fired Deposita received at rates which will be quoted on application Special rates given fr Allowed, oz CSIT A Special deposita, plunge
Bydney
Tiantan
Tokyo:
Tsingist Yingkow?
Trusteeship and Executorship under zeorived for Asad periods taken, Bafu Deposit Boxes for hire.
obtained on application: BARAN
11th March, 1935,
PHILIP GOCKCHTIN Why Chief Manager
THE SHANGHAI COMMERCIALE
& SAVINGS BANK LIMITED (Incorporated in China)
Capital paid up -- Reserves
Capital Bavings Dop Reserve Bayings Dep
A Bank having:al Ita misalon the Industrial development/ and the fostering of cial relations abroad
LGOCKCHINSVETLI SHU FONG Phone
Asst. Manage
Wm. Powells,, 70 cts. x. Wing On (H.K.) $105 m.
Miscellaneous.
HLK Amusements $1.85 . Entertainmenta" $6.40, n."/ S. C. Enterprizes $1.85 n. Macao "Greyhounds" #2. n. Constructions (old) $1.40 m. Constructions (new) 45 cts, n Vibro Filing $5 6
Ch. Govt. 5% · 1925__G$Bas---
H.K. Govt, 4% Loan 6%% prezza,
H.K. Govt. 3% Loan 2% prem
Wallace Harpers 36
onwards, or to propose new nego- tiations for a definitive agreement. The arrangements now... made, which come into fores on May 1, are set out in an exchange of Notes dated April 27, the text of which is published.
་
(Continued on Page 7)
By Order of the Board,
A. W. HUGHES,
General Manager. Hong, Kong, 30th April, 1935, **
NOTICE
ACCOUNTANTS, ・・ Engineers, and others desirous of improving their pres. pects in own or another country should write for particulars, terms, and ste- cennes., Percy Coutts & Co., Ltd, Dept.
TIN BUFFER STOCK LS Londen, W.C.1. Extablished 1908.
IN AMERICA STORAGE MISTAKE
DISCOVERED
London, To-day.
Is It Insured? ?
Issurance — All Classes LOWEST BATES American Asiatic Underwriters Fed. Inc., U.S.A, General Agents :
Head Office
The chairman of the Tin Buffer Stock Committee announces that 800 tons of buffer stock tin now in New York were inadvertently ster ed in non-reporting warehouses.
Out of this quantity 170 tons 17; The Bend arrived in New York on March 28,
Shanghil and was stored in April. A fur ther 670 tons arrived and were also stored in April.
The whole amount will be placed In reporting warehouses during May-Reuter.
RAW RUBBER PRICES
Latest Quotations From Singapore
Mesars. H. B. Joseph and Co. have received the following Straits Cur- rency quotations from Bingapore for Raw Rubber,
Spot 10 down 1⁄2b, 19% s July-Sept. 20% down 4 b., 20%
Oct-Dec. 21% down 4 b., 21%.
Market: Dulle
UNION INSURANCE SOCIETY OF CANTON LTD;
ject to audit the Directors mend the payment of a (Two Pounds) per the year ended 31st De- 10345
HK. Offe Asia Life Building
TUL, 80231.
The Love Parade”
Of 1935
Regal romance, noble nonsense and royal music! So the new dance sensation “ Danc- ing the VienneÓW?*
CARL BRISSON
MARI ELIXI
THE
ALL KINGS HORSE
with
Edward Everett Horton Katherine Domin Eugene Foll
A Paramount Pidi Dirisled by Prank, Tillfo
opens SATURDAY at the
CENTRAL &
પા
gone
ALHAMBRA
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 Hoa Lon
Tel. 80286'
S. E. Levy & Co.
ACE: HOUSE STREET: `-
INVESTMENT BANIERS & BROKERS
NEW YORK COTTON EXCHANOS · - COMMODITY EXCHANGE, ING, HIT. CHICAGO BOARD OF TRADE
“COMMODITY · EXCHANGE, ING,
CORNRAPONDI