BANKS
HONG KONG AND SHANGHAI, BANKING CORPORATION
20,000,000
Authorised Capital ............. $50,000,000 Issued and Fully Paid-up Reserve Funds;
Sterling
· £ 6,500,000
Silver... $10,000,000 Reserve Liability of Pro-
priators
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. incorporated by Royal Charter, 1855.
HEAD OFFICE: LONDON,
Paid-up Capital
Reserve Fund
20,000,004 Reserva Liability of Pro-
HEAD OFFICE, HONGKONG. BOARD, OF VIRFOTORA,
N, IL. Dowali, H«q,
**Chairman,
€ 17. Knight, Esq. ' Deputy Chairma
W, H, Bell, Esq. K. S. Morrison Esq.,
A. H. Compton, Esq.,
M. T..Johnson, Esq.
Hon. Mr. J. J. Paterson,
G.. Miskin Esq.,' 'T. E. Pearce, Esq.,
SMOT
SANGRʊK
Y.-M. Gngham, hog.
Oldal Manique.
P
BRANGERS—
LYONS
prietors
+Jaise All Danglek Batatin Bomber
Calm
Cantos
.$3,000,000 4,000,000
£3,000,000
Agencies and Branches:
Hello
· Kudis
Rangoon
Bemarana Betonb
Бодарога
THE CHINA MAIL, TUESDAY, MAY 7, 1935
Commerce and Finance.
COMMODITY PRICES
The following quotations bavá been received by Reuter,N
m
Jebe Colombe
Thing Manila New York
haking TORGE
dogrulega Thing". Thotak
(Bhukoc)
Jakobsons *Kamboanga
October December Jan. (1936) March
Spot
LOCAL SHARES.
· "TO-DAY'S QUOTATIONS...
Prov. Yesterday The following is the list of local Closing Closing, Ishare quotations issued yesterday:-
Banks. H.K. Bank $970 s.
„Korpijakoskeagh nad Cameral Banking hosts New York Rubber:-"
May
Correct mate; opened and, Pizzé– Depolis received for one year of shorter perioda al cases July which will be queisi on application.
A. BREARLEY. September
Manager. October
Hamburg. Jacken Hackin
Bless Long
KUALA LUMPUR" LONDON
MALACCA
MANIT
SERATI (Johor).
WURDEN.
NEW YORK.
PENAKO
WAIPHONG
RANGOON
MAMCHUNG
НАШОН
MANKOW
BAN PRANCISCO
RABBIN
RUANQUAL
WONGLIW
SINGAPORE
1770
SUNE PATARI
BATAVIA
BOMBAY BALOUTTA
DANTON CHEFOO DOLOMBO DAINEN POOCHUR
PRIPING
Hong Kong, 1st January, 1935. December
THE BANK OF CANTON, LTD.May...
Established 1912,
New York Colton:- May July
11.60 11.75 11.90 11.76 11.60
11.50. 11.05 11.65 11.70 11.60 11.76 11.69 12,80 12.15
January Chicago Wheat:——
11.50a 11.54 11.89 11.66a 11.80a11.74 11.85
11.82 12,05 12.00 12.13a
12.09
90
90%
July
96%
96%
Head Offen-Hong Kong.
September Chicago Corn:—
96%
+968
Authorised Capital
****** $11,000,000 May
$8
Paid-up Capitál
*8,655,000 | July
Total Resources:
82,170,491 September
901 821⁄4 83% 782 77%
874%
business of every discription trans New York Sugar:- Facted.
89%
Markot cloned
shorter, periods at rates which will be May quoted on application.
Safe Deposit Boxes (variona alsna))
for hire.
July Sept.
LOOK POONG THAN; Dec.
No. 1 No.3 No. 1 No. 3 Con. Con. Con. Con. 2.346 2.31 2.33 2.31n 2.39 2.38 2.38 2.36 .2.46 2.41.2.45 2.42 .2.53 2.48 · 2.58.2.49
New York Silk:-.
May July
1.32 1.81%
September
181* 1.29%
'1.31 1.30
Montreal Silver:-
May
73.50%
July
75.00
September
75.55t
Market closed
DAMP PROOF!
December
76.706
SAFE DEPOSIT VAULT
New York Metals:-
May 2. May 6. 7:18 " 7.27 48.45 48.45
ZOAL
IOWLOON
HOUSADATA
·HENTAIWAN
DRYO
THINGTAO
YORUBAMA
Current Account opens in Loosi Denney and Titel Deposite via lor one, zue, OF amortar perkuda in Lost Company and Biwiing an at which will be quoted an application
Hong Kong, Cth April, 1985.
HONG KONG SAVINGS BANK.
Spa Besians of the above Back “ke sestart- by the HONG KONG AND SHAROITAJ
BANKING CULPORATION, Rule may be
whined an application.
r
FOR THE HONG KURU: AND SHANDHA1 BANKIND CORPORATION
... GRAYBURN,
Chint H. Hong Kong, 26th February, 1985.
Branches: Canton, Tofshan, Shanghel, Winnipeg Wheat: Hankow, Bangkok & San Francisco.
Londen Bankers: Lloyds Bank, Ltd, May
Foreign Exchange
and Banking |July
Current Accounts opened,and Fixed] Depozita recetired for
One year
THE BANK OF EAST ASIA, LTD.
Kuskortsad Capital
$10,000,000.00 **4,000,00
Beneva and Bodiided Pro, 100.00
14 Ко
SEAL OFFICE :~~HONG-KONG
1. Das Vagn Bood Castrel
·BOARD OF DIRECTORS—
WODE
Bir Khan won 'Chog, Chairman, Ge Сани, Рацин Г. К. Итак, плос fua Tost, Kid, Cha Shing Rhek, Yag. Li Lan Sang, La Fong Cha Son, Fe, and a
Materia
Mabay Calmi Bezion
En Teas Fo. Leg.. Chlef Manage
The Fong. Lag, Manager. BRANOURS AND AGENCIES)---
Baania
Baskow Hoselule Kobe
Leados
Manda
Merha Naza ki New Sub
Paria
Potplag
Ilaugo00
Halo
Hen France
Every durpilos.
Whangha Singapore bourabaya
WALOW
by dany
Taiboky
Tirkiz
Tokyo
Vangostar Yokohama
.... Chief Manager/Jan. (1936) 2.40n 2.35 2.40n2.84
· SAFETY FIRST!
To Safeguard Your Valuablew and Jewalleries.
Deposit them in a Vanli
that is really:
FIRE-PROOF
BURGLAR - PROOF
OUR located on the Mezzanine, Floor of Ting Our New building
is Spectaily Con structed to provide all of these Im [portant Qualities.
Backing and Kishanga bonated. Loans graced on approved
Current Accurate opened in
You may obtain a Safe Deposit Box in this meat up-to-date Vault for your own the at a very moderate Ben
Inspection Cordially Invited. THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of lo Hodse Street and
·Den Voerr Road, Central
THE
aasked b-bid t-traded
Copper Jan. Tin January
NEW YORK STOCK EXCHANGE Reuter Quotations
clone L AMERICAN EXPRESS COMPANY,|N._Y./Lon.
Fits pomite recaired for 00 1905 O shorter termda Doland. Foreign Curvanken
which will be quoted on appllsišou.
-KAR TONG TO,
Bate Depil Dores To Tat
INC.
Head Office:-65, Broadway, New York
....Chial Manager,
Capital Surplus
Reserven
THE CHINA & SOUTH SEA BANK,
LIMITED
(Incorporated in China)
$1,500,000.00
Henta
Bers bag.
.U.8.38,000,000.00 2,087,112,09
Coinlaker
Liverpool Lucerne
Rotterdam BLOM Kanghai FontExpe Alapor Tienists
May 7.
The following quotations were re- ceived by Reuter:-
10.20 11.00
4.84
..4.8414
11.91 11.90 ..11.00 11.50
1
don
4.84
[N. Y. Cotion-
July.....11.90
Oct.11.60
N. Y. Rubber
July
....11.09 a 11,80 b 11.60 b Sept......11.80 11:82 11,80
New York Stock Market
Awaiting Further Developments
*DISAPPOINTING REACTION TO PENSIONS DECISION
In their market report. Mesara, 3. E. Levy and Company, corron pondents for Messrs. White Wald and Company, New York, state:---
Stocks: The disappointing action of the market after the Rail-
advise
10 Lending Stocks Amer Smelting Auburn Cain, J. I.
El Bo & Sh Gen Motors Int Tel & Tel
Mentgomery Ward
Nat Distillers
N. Y. Central
U.
S Steel......
·LOCAL DOLLAR FALLS
*-*" TENDERS WANTED
MESSMAN. Warrant officers' „Mein H.M.S. Modway invite tender for mes ing contract. Details on applications by 42 letter to Mess Secretary.
1014
35
6
Silver Prices Improve
SPORT NOTICES
THE HONG KONG JOCKEY: CLUB
RAFT' PROGRAMMES
DENTRY FORMS for
and tha
SIXTH EXTRA RACE MEET ING, to be held on SATURDAY, 18th May, 1935 (Weather permit- ting), may be obtained at the Secre-
H.K. Bank (London) 5124% n. Chartered Bank $14.
road Pension decision is creating
tary's Office, Gloucester Building: Mercantile Bank A. & B. #311⁄4 n. uncertainty and we would Mercantile Bank C, $18 n..
caution. The market is at present. The local dollar has fallen a farth- the Club House, Happy Valley; the Bank of East Asia $31 n.
awaiting further Washington de-ing, opening on demand this morn-Hong Kong Club; and the Stables,
Shan Kwong Road. Am: D. Finance Corp., Sh.315.n.velopments. Business done: 1,030,- at 2/4 3/4. aa
Entries close at 12 o'clock NOON China O. Fin. Ord., Sh. $1.80 E.
Spot silver advanced to 83-9/16) 000 shares...
on THURSDAY, 9th-May, 1935, China O. Fin. Pref. Sh. $44' n..
insurances.
By Order, Canton Ins. $215 B."
C. B. BROWN, Union Ins. $355.
Secretary. China Underwriters $1
Hong Kong, May 6, 1985. China Fire Ins. $400 n. H.K. Fire Ins. $200 n.
International Assce, Sh.84% n. Shipping.
Douglases $39 n.
H.K. Steamboats $4 sa. Indo-Chinas (Pref.), $80 n. Indo-Chinas (Def.). 883 n. Shell (Bearer) $57/6 n... Union Waterboats $111⁄2 n.
Mining.
Antamoks 70 cts, Balatoes $34 n.
Bagulo Gold 21 cta. n. Benguet Consolidated $11 n. Benguet Exploration 10 cts n. Benguet Goldfield 10 cte. n. Big Wedge 8 cta, n. Gold. Creek 23 cts. a. Gold River 7 cts, n
Ipo Mining 8 cts. n. Itogans 30 cts. n... Salacots 12 cts. n.
Kaflan Mining Ad. $17/3 n. Langkate (Single) Sh.$14. n. S'hai Exploration Sh.$4. S'hal Loans 'Sh.$5 n. Raubs $5% n.
Venz;- Goldfield 35 .
Docks, etc.
Graina:-Visible supplies are and forward to 88. shrinking. The available terminal The London on New York cross- rate was quoted a £-U.S.$4.81%, stocks are finding ready demand. Weather conditions are the do-as compared with 2-U.S.04.84%. minating factor. Total sales: while the New York on London Wheat: 12,076,000 bushels; Corn: cross-rate was quoted at US
$4.84%, as compared with |5,882,000. bushels,
$4.884
Cotton-Excessive rain in the Mississippi Valley is delaying
*
US
planting. The market is feeling STAR FERRIES
the liquidation of July options.
Flashes Steel mill activity in estimated at 42.2 per cent as com-
RUSHED
2,500 At Times
gone.
Everything BUT YOUR
pared with 43.1, per cent. the pre- Turnstiles Invaded By SAVINGS
vious week.
Chief Justice Hughes has ex- pressed the opinion that, Congress Although the Star Ferry Com- is not empowered to force the Re-pany had their entire fleet of for tirement Act upon milroad com-ries in commission, they were un- panies. The decision was five to able to cope with the enormous four against the Administration. crowds who struggled to obtain pas- The Borg Warner: Corporation's sage across the harbour yesterday earning are understood to be ex-morning. cellent and an announcement to this effect is expected shortly.
On the mainland their strugglea became more and more intenso as the time drew near for the celebra tions: After 3 p.m. the Ferry
Our New York Office Cables: Recd at 10.31 p.m.:-Cotton: The drought in the Western Belt officials, on Hong Kong side were jappears to be broken.
Grains: The weather in most sec-when a mob, which at times reach- tions of the Belt is favourable.
E. A. Plerce And Co's Report In their market report, the
H.K. and K. Wharves $85 n. American Oriental Finance Cor-
Cum, rts.
poration. correspondents for H.K, and K. Wharves ex right $85 Messrs, E. A. Pierce and. Company
of New York atate:-
n.
H.K. and K. Wharves right 89 n. H.K. and W. Docks $92 8. Providents (old) $1 a. Providents (new) 20 cts. Hongkew Sh. $2671⁄2 n. New Engineering 9h,$5 ́n. S'hal Docks. Sh. $110 n..
Cotton Milla.
"Stocks: The fallure of the mar ket to respond to the Supreme Court's decision declaring that the Railroad Pension Act was invalid led to profit-taking and a somewhat re
again faced with a difficult problem,
Jed over 2,500, fought their way to the turnstiles to return to their respective homes.
Cinema Notes
(Continued from Page 3.)
"ALL THE KING'S HORSES"
CENTRAL AND ALHAMBRA
THEATRES.
..
Comedy, songs, spectacle, and! actionary tone. In view of the mar romance in a hilarious story of ket's action this afternoon, caution royal lovers, makes Paramount's on the buying side would seem ad- "All the King's Horses," now show- visable.
ing at the Alhambra and Central Theatres," one of those pictures no- "Sugar: The actual market was body can afford to miss. Intro- inactive, with offerings at 3.30 cents ducing Mary Ellis, lovely singing and bigber. Futures were steady..
star of the American stage, to the whilst refined sugar prices were un-film public, it stars Carl Brisson вa.changed. ̈·
Ewo. Cottons Sh. $8.80 n. Shanghai Cotton (old) Sh.888 a. S'hai Cottons (new) 342 n. Zoong Sings Sh. #814 n. Wing On Textiles, 8h. $55 Lands, Hotels, etc.. H.K. and S. Hotels' $4 b.,.$4.10 H.K. Lande $36 R
H.K. Land 4% Debentures
100%
Shanghai Lands Sh. 20% n. Metropolitan Lands Sh. $10 n. Humphreys $91⁄4, 12-
1,995,528.31
C. Wheat-
· July. ****.
96%
06
BRANCHES:--
C. Corn-
July
8214
82
Amsterdams
❤Banda.
•Milan
W. Wheat
Antwerp
Bend Office ...ShangHa!
Aliso
The lingua
Nie Nepi
July
89% Market closed
Capasi
.$7,500,000.00
Бетов
Pisade
STOCKS:-
Hamburg
Paria
Reberfe
Berlin
HATTO
Peipias
Amer. Smelt-
Branches
....All Important Cities:
in Chiran
Haldalborg
ing
44
444
43%
Bris
Foreign Exchange and
General
Bru Ostro
Jounala London
Con, Gas N.
H.K.. Realties $4.85 n. Asia 'Realties “A”, Sh. $75 m Asia Realties "B" Sh, $10 n. Chinese Estates $90 n. China Resitles. Sh. $7 n.
Y.
24
224
Banking Business transacted,
Calcula Салом Colomba Copenhagen Dublis Edinburgh
Gebare
Du Pont
07%
07%
China Debentures 8h.3128 1.
Public Utilities
Lagune
Elec Bond &
H.K. Tramways $12.90 b.
LANDF
Tsorias
Share
6%
8%
Mania Carle
Venice
General Mo.
Peak Trams (old) $81⁄2 n.
Kaalok
Tokoka Larion
tors ....
31
30%
004
Peak Trams (new), $8 ̊n.
Int & Tel &
Tel
Star Ferries, $80 n.
7
Loow's Inc.. 89 Montgomery
Ward
3918
Yaumati Ferries $22 s.
29%
C. Light $8% n
26%
20
28%
2435
18%
Nat Distil-
Jara NY. Central Standard Ot!
4374 43% 3234 U.S. Steel..
37% 32
24%
21
10%
187%
484
Current and Saving Accounts opened and' Fixed Deposits received for ons year or shorter periods at rates which will be quoted on application.
SOU Z, CHANG
HONG KONG BRANCH Ser 24, Des Voeux Road, Central, Manager's Ondes .............Tel. 83165 Foreign Exchange Dept. # 88668 General Omes Cashier's Office
**
n
81667 81669
Macrog
Branches of American Express Com pany in Principal cities of United States of America and Canada.
All classes of Commercial Banking Transactions undertaken.
Personal investment accoUIDE
THE YOKOHAMA SPECIE BANK handled.
LIMITED.
The Company offers to intending Travellers the use of a "Travelers
RAW RUBBER PRICES
Cheqnes" and Letters of Credit and Latest Quotations From
addition, the world-wide services
Established 1880
Capital (fully paid-up) Ten.100,000,000 Reservo Fund
Yen.125,800,000 partment.
Head Offices-YOKOHAMA
· Branchen and Agencies at:
Alexandria
Batavia
Berlin
Bombar
Caleatis
·Canton ··
Hankow
Harbin
Nagasaki *Nagoya
New York Osaka Parts Paiping Dairen (Dalny) Rangoon Fengtien (Maidan), Rio Is Jenaro Hamburg!
San Francisco Seattle Semarang *Shanghai *&ingapore Soerabaya Sydney Tientsin Токто Tsingtan Manila
Yingkow Moji
Estara) allowed on Osment de
Hoar Hong Honolula Heining
Deposits received for fixed periode së rates to be obtained an application.
CKISHIN
Kong 11th Mirch,
of its thoroughly equipped Travel De
E W. DUGGAN,
Manager,
THE WING ON BANK LIMITED
Head Office: Hongkang. 26, Des Voeux Road Central. Authorised Capital $10,000,000
LONDON BANKERS Westminster Band, Ltd.
Singapore
Mesurs. H. E. Joseph and Co. have received the following Straits Cur rency quotations from Singapore for Raw Rubber.
N
July/Sept. 20% up 1⁄4 b, 201⁄2 Spot 18% up' b., 19% s. Oct./Dec. 21% up 3/8 b, 21-3/8 6. Market:-Dull.
THE SHANGHAI COMMERCIAL|| & SAVINGS BANK LIMITED. (Incorporated in China) Foreign Exchange and every descrip- | Capital paid up ...
$8,000,000, tion of banking businesses transacted.
Current
¿Reserves PEN $7,800,000. and Savings Capital Barings Dept, $500,000, Vacuunia. Accounts
Fixed Deposits. Reserve: Savings Dept. $600,000. received at rates which will be quoted Head Des --- Skarghal on application, Special rátes given Sperial deposite, the
A Bank having sa Ita mission. Trusteeship and Executorship under industrial development of China taken. Bafe Deposit Boxes for hire.
"And the Lortering of her ownTENOS
dial relations brondin, Dik PHILIP GOCKCHIN
Chief Manager vi
Hong Kong office-7 Ice House GOCKCHINA MELI SHU FONG 522 Phone $1481-3-4 Asst. Manings
Asst Manager
H.K. Electrics $60'sa. Macao Electrics. $232 n. Sandakan Light 86 s. Telephone (old) $19%1⁄2 n." Telephone (new) $9% n. China Buses Sh; $111⁄2, n. Singapore Traction 10/3 n. Singapore Pref. 20/6 n.
"Industriala
Malabon Sugar 88% n.. Cald: Mack (Ord.), 8h.$191⁄2 Cald: Macg. (Pref.), Sh.$18. Canton Ice $1.80, n... Cements $7 8. Converted. H.K. Ropes $2-n.
Stores, etc. Dairy Farma $15, n. ̈ ̈ ̈ Watson $8.
Lane, Crawfords $31⁄2 n. Mackintosh 95 Sinceres $8.
Wni. Powells: 70 cts. n. Wing On (H.K.) $100. Miscellaneous.
HE. Amusements $1.85 h. Entertainments $6.40 n. 3. C. Enterprizes $1.85 m. Macao "Greyhounds! $2-n." Constructions (old) $1.40 m Constructions (new) 45 cts, n Vibro Piling $5
RENT
FOOD
CLOTHING
HEAT
TAXES
WATER
CHITS
SAVINGS
SAVE SOMETHING
- START - NOW
UNDERWRITERS SAVINGS BANK
FOR THE FAR EAST,
-INC.
Aria Life Building Eone lons
Tel. 80284
"All the King's Horses" is the Is It Insured? ?
and features Edward Everett Hor- "Rubber: The market, was steady, ton, Katherine de Mille and Eugene but quiet with a small volume of Pallett, in the principal supporting business, Dealers seem anxious to roles sell on good bids, while Commission houses were the principal buyers. story of a king who lost his queen The outside market was quiet, but because he wore an ancestral steady.
beard and spent his time in con- "Cotton: The market is meeting ferences instead of at his lady's with Hquidation in bath July optiona side. and newcrop months, filling Trade The king secures a double to demand at limits on the way down.fill his throne and hurries off to
"Grains: The market was
essy
Vienna to learn about life, love,
Insurance All Clames - `LOWEST RATES :
American Asiatic Underwriters
Fed. Inc., USA. General Agenta-s
jearly in the session on further rains and gaiety--hoping to surprise his Head Office
in parts of the. Winter wheat belt, spouse. But, while he is away, the 17, The Bund but prices rallied sharply
on the qucen returns and falls in love! Court's decision regarding the Rail with the embarrased and agitated road Companies" Pension Act. The double..
| visible supply' has decreased, but has The picture is filled with some
Shangkal
H.K. Oc Auta Life Building
Tel. 30234
failed to hold a full advance in May excellent new tunes by Sam Cos charm and her remarkable singing wheat. The corn market was light low, including the already popular voles which won her a first place at times, with weather conditions in "A Little White Gardenia" and on the stage, and Brisson renders part of the corn belt too wet. Coun-"When My Prince Charming Comes a performance even better than try offerings were small.
Along.".
he gave in his first American pie- "Flashes: The United States Mary Ellis displays the personal ture "Murder at the Vanities." Supreme Court has ruled that the Railroad Company Retirement Act is not Constitutional Mill activity is estimated at 42.2 per cent, as.com- ņpared with 48.1 per cent. the pre vious week. Fischer's Weekly Com- modity Index was 82.1, against 81.8| last week."
Ch. "Govt.5% 1925 GSBds--
H.K, Govt, 4% Loan, 6% prem,
ม.
HK. Govt. 9% Lean 2% prem.
Wallace Harpers $55.
Latest Quotations
The following quotations have been received by Reuter...
Prev. To-day's aloze -alase
N. Y./London cross-rate.
N. Y. Cotton
4.34
11.00
4.87%
11.70 T
Rubber
July
11.05 a
Chicago Wheat-
July
.90%
Chicago Corn→→→
July Montreal Slyen
Dec
8214
8316
Silver Official
Pet Dow Jones Averages
80 Industrial
#1110.88 110.58: „30'ox *:::30,82 +8042440.0A 18.80 18.59 21 off 20 Utilities 40 Bonds 10. 95.22 95,41 19 up 11 Commodity In-
58.09 $9,06.07 pp
S. E. Levy & Co.
7, ICH HOUSE STAINT
TMENT BÄNKERS-, & BROKERE
NEW YORK" COTTON EXCHANGE
COMMODITY EXCHANGE, INC. N.Y, CHICAGO-BOARD OF TRADI CANADIAN COMMODITY RECHANGE, INC