BANKS
HONG KONG AND SHANGHAI
·BANKING CORPORATION A
Authocised Capital
Reserve Funds
Silver
Reserve Liability of Fro-
#victors
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Sterling
HEAD OFFICE, LONDON
Jasned and Fully Paid-up 20,000,000
$50,000,000 Incorporated by Royal Charter, 1853
£6,500,000
$10,000,000
Paid-up Capital
Reserve Fund.
1-18,000,000 .....£3,000,000
20,000,00% Reserve Liability of Pro-
HEAD OFFICE: RONGING. BOARD OF DIRECTORS.
prietors
10,000
“Agencies and · Branches:
1. Dodwell, Beqa
Chairman,
C. C. Koight, Bra
Deputy Chairma
Hon. Mr. W. H. Bell,
昨
I. A. Piammer, Esq. Cerapure
Compton Esq.
MT. Johnson, Esq.
-Hon Mr. J. L. Paterson,
G. Miskin Esq. T. E. Pearce Esq
AMOT
TAIH
JOHORE
“T. 2. Drazkazu Jag
FRANCHING
KUALA LUMPUR LONDON
30XS
MANILA
MUIDEN NEW YORK
PEPING PENAKO BASDOOM
SATOOS
SAN FRANCISCO
SHANGHAI
SINGAPORE,
NOURABATA
SINGEI PATAXI
TIENTED
TOEYO
TSINGTAO
TOKOHAMA
Comas Aonais, opened, in Lamal CarOMET
Wed Find Deposits Mesired for che, que,
te period as Loos! Company
We which will be quoted on appliantions
Hong Kong, th May-1935
Dental
Anurabaya
Complex ---
Xaw Zak Pusing
Poming
(Pleskne)
Lamboanga
Banker
Farkin Boot Long
THE CHINA MAIL THURSDAY, MAY 9, 1935
Commerce and Finance
NEW YORK STOCK MARKET
Inflation Sentiment Again Growing
CAUTIOUS ATTITUDE. IN GENERAL SUGGESTED
In their market report Menza. S. E Levy and Company. Corres- pondents for Messrs. While Weld
JU. S. ADVERTISING
AGENTS SURVEY
LOCAL MARKET
Mr. Irwin Vladimir
Has Look Round
NEW CLIENTS DESTROUS OF ESTABLISHING THEMSELVES
Maction Inc., one of the "largest
Estates Berbangs, and moral Banking bosses and Company, New York, state:American Advertising Agents, with
treamcard.
Current Aamiais opened and Fiand. “Doponéta, Mengivel“ for one year or shorter perioda si ražen which will be quried in poplication..
"Stocks-While investment de their Head Office at Detroit, and mand due to cheap money, is still Foreign Department in New York. AEREARLEY an important market influence, were making a close study of the
Manager believe that inflation sentiment is Eastern Markets. Hong Kong, 1st. January, 1985.
again growing, but the latter is Mr. Irwin A Vladimir, Chief of Isubject to a sudden reversal as it their Foreign Department, has just THE BANK OF CANTON, LTD.(bas so often appeared in the past recently been making a survey of
Established 1912”
desirous of.
this
year. Therefore, we would prefer this territory, having a number of to confine new commitments and pew clients who are boldings to the special situations; establishing themselves in $11,000,000 recently suggested and maintain-a market. “
Head Offices-Hong Kong.
Authorised Capital
|Pzid-up" Capital.
Total Besozzces
$55,000 cautions attitude regarding the Mr Vadimir has been very suc- 82170,492 general-market. In utility issues, cessful in the appointment ofj Branches Canton, Toishan, Shanghai, we would suggest Cities service Agents for these lines, and is well Hankow, Bangkok & San Francisco,
stocks. Business done:-1,390,000 satisfied with their potentialities. London Banks Loyds Bank, Tatl
Among Maxon's numerous ac-1 counts, are:—
Foreign Exchange and Banking shares. business of every, discription trans- *Commodities:-The commodity Current Accounts opened and Fixed markets were neglected, but the HONG KONG SAVINGS BANK. Deposita received for ons are technical positions have much im-
The Brain at the above Back_la' conduct.
by the.HONG TONG AND SHANGHAI
THAT BANKING CORPORATION.
VİMİONİ OK, Jpylíndios.
FOR THE HONG LONG AND SHANGHAJ BANKING CORPORATION
7. GRATKEEN,
Chid. Manage
Hong Kong, 25th February, 1935.
THE BANK OF EAST ASIA, LID.
•Sanoined Capita
Baldzy Caplini -
„Moneros and individed Frobe
HEAD #FFICE:-BONG LONG
1. Vaux Bond Cantemi
BOARD OF DIRECTORS:---
Bir Soon - Low, asieWEAR.
acted.
shorter periode as ratas which will be proved. pr quoted on application.
Safe Deposit Boxes (various, gİzon)
LOOK POONG SHAN,
Chief Manager
SAFETY FIRST ↑
To Safeguard Your Valuablas and Jewelleries.
Deposit them in a Vauls
that is really
FIRE PROOF
BURGLAR-PROOF
(Continued on Page 7).
NEW YORK STOCK EXCHANGE Renter Quotations
close
May 8.
General Electric
H. J. Heinz Co. Jodent Tooth Paste Reo Automoble Helena Rubinstein Hupp Motor Car Corp. Michel Cosmetics Sapolio
Three Minute Oat Flakes Mezinen Shaving Cream and
Takum Powder Picot Grape Salts Holeproof Hosiery.
The following grotations were re- Maxon Inc. have appointed" The ceived by Beuter:
Advertising and Publicity Bureauj 10.20 11.00 May 9.
Lid, as their Associate House for! *4.833-4833 483%|South China.
3,001,200.00 $2,694, 199.00
- DAMP-PROOF 1 OUR SAFE DEPOSIT "VAULT »
XY/London NY. Catton
Jaly Oct
July
Sept
14 La Chi Zog + L. Zou, Ingu og located on the Meanine Floor of
I'm Tong. EAS, Chang Shek, Bagan Our New building is Specially Con- N.T. Rubber
In Wing Chu Suma Eng, and Xan Linstructed to provide all of theme, I
portant Qualities.
im
Loo Tong Po. Eaqa' Christ Hanager.
To The Fong: Ergo Manage.
AXCURS, AND AGENCIES 20
Samand
Foshangu.
་
11.78 11.75 11.73 11:48 1144.
ZLAT
You may obtain a Safe Deposit C. Wheat July Box in this most up-to-data Vant for Com July 81% (your own nee at-aʼvery moderate Ren-į W. Wheat July. 88
tal
THE NATIONAL COMMERCIAL Con Gas NY. 23% 235%
THR
INC.
U.S. Steel
Feinkome
Kowry, doo-ription of Bauling and
Los grated' as approved
Lond
Cars Apod open, în
Fixed Deposita, sücskend fer coe. __2007_==! aborter periods in Coval and Foreign Currancine; mmm which will be, quased on application.
Bale Dabost Dow To Los
- FAX TONG PG,
Cist Manager.
407. Central
AMERICAN EXPRESS COMPANY, Standard Oil XJ 44.4%
Head Office: 65, Broadway,
-U.S.$8,000,000.00
2,087,112.59 1,995,628.31
EXCHANGES
.TO-DAY'S QUOTATION
On London
THE CHINA & SOUTH SEA BANK.
LIMITED
incorporated in China)
$7,500,000.00
Head Office
Capital
Beserve
Shanghai
Nion
Kaplan Pizzene
64
Credits 4 months' sight-2/52
COMMODITY PRICES
The following quotations have been received by Reuter.
Prev. Yesterday Closing Closing
-68
LOCAL
SHARES.
TO-DAY'S QUOTATIONS
CANTON INSURANCE OFFICE LTD.
རུ་ཤ བྷན
The following is the Est of local share quotations issued yesterday:
E.K. Bank $38TY Sä. HE. Bank (London) 2241⁄2 Chartered Bank $144 2. Mercantile Bank A. & B. $30% IL Mercantile Bank C. £1331⁄2 m.” Bank of East Asia. $81. u. Am: O Finance Corp, Sh$15 a China O Fiz. Ord. Sh. $1.80⋅ 1.” China O. Fin. Pref. Sh. $435
Insurances.
Canton Ens. $215 2 Union Ins. $355 b... China Underwriters $1 n China Fire Iris. $400 n. HK Fire Ins. $200 n. International Assce. Sh$12 m. Shipping
Douglases $39- HK Steamboats $1 Indo-Chinas (Fret), $90 Indo-Chinas. (Def). $33.1. Shell (Bearer) $56/3 1. Union. Waterboats $11.
Mining.
Antamoks 65 cts. b. Balatoes $34 12. Baguio Gold 21 cts. I. Benguet Consolidated $11 n Benguet- Exploration 10 ets n. Benguet Goldfield 10 ets. n. Big Wedge 8 cts. 1. Gold Creek 30 cts. n. Gold River 7 cts, n. Ipo Mining 85.cts. . Itagans 30 ets. n. Salecots 12 cts,
Kailan Mining Ad. $17/-`zi Langkats (Single) Sh$14 m. S'hai Exploration. Sh$434 1. S'hai. Loans Sh.$54 x Baubs $5 n- Venz: Goldfeld $5 r.
Docks, etc.
HK and K Wharves $85
Cum. rts.
IL
Annual Meeting On Wednesday Next
DIRECTORS REPORT SHOWS-
NEW ADVERTISEMENTS
R
PERLIC AUCTION.
SATISFACTORY POSITION PARTICULARS & CONDITIONS
At next Wednesday's fifty-fourthịto be held an MONDAY, the 13th by Public Auction ordinary-general meeting of the day Canton Insurance Office, Ltd, to be the Offices of the Public Works De
of May, 1985, at $ pm, at held at the offices of the Company, partment, by Order of His Excellency the directors will recommend the the Governor of one Lot of Crows payment of a final dividend of $1.40 Land at Island Road in per share on 1983 account, making lony of Hong Kong for a term of the Co- a total dividend for the year of $11 75 years, with the option of renewal per share, together with a bonus of at à Crown Sent to be fixed by the $1 per share. A sum of $100,000 Surveyor of His Majesty the King is added to Reinsurance Fand and for one further teria of 75 years. $294.087.63 is added to Under- PARTICULARS OF THE LOT. writing Suspense Account to close
the year 1995.
20
Accounts for 1934 show amount of $1,503,65-432 standing at credit at the end of the year From this the directors will re! commend the
payment of interim dividend of $3.60 perį share, absorbing $180,000, and the carrying forward of the balance of $1,323,654.32
LOCAL "DOLLAR FALLS
Silver Prices Decline The local dollar has fallen further half-penny, opening on de mand this morning at 2/4.
Both spet and forward silver p
"
Jaland Road.
Locality,
Boundary
about
(mkte plan.) 13,900
PUBLIC AUCTION
ARTICULARS & CONDITIONS
fell 15/16 to 32 13/16 and 33, res of the Sale by Public Anction pectively.
Ito be held.02 MONDAY, the 13th The London on New York cross-day of May, 1935, at 3 pm, at rate was quoted at 5-US$454, the Oices of the Public Works as compared with S-US$4847 Department, by Order of His Ex- while the New York on London cellency the Governor, of one Let
HX, and K. Wharves ex right. $85 Cross-rate was quoted at £-US$4- Crown Land at Peak Road 84% as compared with £USS-in the Colony of Hong Kong for a 8378
term of 75 years, with the option of renewal at a Crown Bent to be fired by the Surveyor of His Majesty the King, for one further term at 75°
-PARTICULARS OF THE LOT.
HK and K Wharves right $9 1. EK. and W. Docks $92 s Providents, (old) 95 cts. s Providents (new) 20°cts. I Hongkew Sh. $26731⁄2 1. New Engineering Sh.85 n Shri Docks Sh. $110 *
Cotton Mills. Ewo Cottang Sh. $3.30 % Shanghai Cotton (old) Sh.468 1. Shai Cottons (new) $42 n Zoang Sings Sh. 381⁄2 mi Wing On Textiles. Sh. $55. The
Lands, Hotels, etc.
H.K. and S. Hotels $4 h.
FLK Lands, 336 33
EK Lands 4% Debentures 100%
Shanghai Lands Sh.$201⁄2 n Metropolitan Lands, Sh. $10 Humphreys $94. E.K. Realties $485 m Asia Realties “A”, Sh. $75 12, Asia Realties "B" Sh. $10 Chinese- Estates $90 Chinz Realties Sh. $7'n China Debentures Sh$123 11.
Public Utilities
Everything
gone.. BUT YOUR SAVINGS
RENT
FOOD
CLOTHING
HEAT
Near Inland
· Reglatiy ?
Bocality,
Hovudary
·
par ¦ naša “planį 6,300
Is It Insured?
Instance. All Cladies LOWEST RATES
1,675
❤ | Annual Bentaj
***4] Upist Price,
American Asiatic Underwriters Fed. Inc., USA General Agents
HE. Offen
Asia Life Building
11.708 11.575. 111576 1182 11656 1163b
95% 815M
88
STOCES
Inspection Cordially' Invitad.
New York Cotton
Amer Smelting 433 434
444
May 7. May, S.
Desks.
& SAVINGS BANK LTD.
Du Pont-
9825
aglang
Elec Bond & S6
Feng
Besgren
- Cerner of Ice House Street and
Des Voeux Road, Central.
May July
1176
11.84
1178
1187
General Motors 30 In Tel & Ta
30%
30%
October
11.43
-11.50
Sag leve
Loew's Inc: 38% Montgomery W. 26%
382
7 38
December
$1.55 11:56
25%
262
Jan. (1936)
Distillers 24 24
24%
March
15%
13
16%
45
Spot
31%
31
New York Rubber:
May
July
New York
September
11.57 11157 11.63 1163 12.15 12.25
1152 11.60 1170* 111.71+ 11.78a 1184a
TAXES
October
1184
11.90
Capital
WATER
Surplus. Reserves
December
12.00
12.05
January
12.03
12.13
Chicago Wheat:-
HK Tramways' $13.30 b., $13.35
CHITS
BRANCHES
May
95
954
Gecon
METAL
On T.T. and demand
2/1
July
9432
954
LDAWNEY
4 months-sight
2/4/s
September
954
96%
Peak Trams (old) $81⁄2 n. Peak Trams (new), $6 n.
“Hatara
BOWLINE
Berlin
$1,500,000.00
All Insportant Cities
in Claims
Balay Brunes Brusela
and
General
Cairo Calcathe
Colombe Copenhagen Dubli Rainborgh Fiorent
Cashier's Office
$3669
Branches
Foreign Exchange
Basking Basiness transacted.
Current and Saving Accortits opened azz Fixed Deposits received for one year or shorter periods at mazes which,
se quoted on application
SOU Z. CHANG,
Manager. HONG KONG FRANCE: 24, Des Voeux Road, Central Manager's OfficeTel 33565 Foreign Exchange Dept. 38686 General Offics
55567
Montwak
Branches of Americas Express Cam- pany in Principal cities of Uniffed Etates of America and Canada.
All cases of Commercial Banking On Paris- Fransactions undertaken.
Bamburg Harre
Interlake Faroelem Landow Liverpool
Chicago Corn:-
Star Ferries $80 11.
On Shanghai-
May
894
Leverbe
Lagan
Borundem
www.
Bingapor
Taormina.
On demand
139
July
81%
$13
On Singapore.......
¡September
76%
76
On demand
99%
Winnipeg Wheati
On Japan
May
8634
86%
Morantiam
.. Monte Carin
Mondia
On demand
19734
July
883%
883%
On India
New York Sagar:-
Meredada.
Zuric
On T.T, and demand.. 1542
On New York----
On' dem ind
562
Credits 60 days' sight
59
May July
On Batavia-
Sept.
On demand
8334
On demand
85T2
Credits 4 months' sight. 907
May
THE YOKOHAMA SPECIE BANK
Personal investment accounts handled.
On Saigon
July
1.31 1304
LIMITED
Established 1880.
On demand
-852
September
12928
134 132 1.312
Alexandria
Baterin
Berlin
Brabay
Canton
(Dalis)
The Company offers to intending On Manila- Travellers the use of its avalocaj On demand Cheques and Letters of Credit and. On Bangkok- In addition, the world-wide surrions; Capital (fally paid-up) Ten:100.000.000 of its thoroughly equipped Travel DeOn demand Reserve Fund A. Ye125,800,000
Head Office:-YOKOHAMA
Branches and Agencies st:
Bankow Harbing
Nagasaki
Nagoya
New York
Paris Peiving Rangoon
de Janeiro
(Malien) Francisco
song Kong Honolula Hainking
Angeles
Sacr
Semarang
Shanghai
Singapore
Soerabaya «Sydney
Tenbein Tokyo
Fingkow
to be obtained on,
TISH
Copper Cents Rate of Native Interest Chinese Sub. Coin
THE WING ON BANK Hong Kong Sub Coin
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 Pized Deposits recived at rates which will be quote on application Special rates given
Special deposecutorality under
Trusteesaip
Safe Depositores for hire
LGOCKCHINS
14 SHU PONG
Montreal Silver:
113
May
July
792
September
Soveigns bank buring rate:
December
7275 72.50 71.506 71.75b 22:55¤ 72.95 7370 74.10
E. W. DUGGAN, Bar silver per oz. -
Manage Copper Cash..
2/5% 32-13/16
pa
Paris
-28% dis
New York
Montreal
No. 1 Na-3 No. 1 No. 3 -Con Con. Com: Con. 249 239 244 245 241 241 246 245||| 2:48 246–253 · 2:50. Dec
256 252 261 256. Jan (1936) 2:43 236 245a 239| New York Silk-
-asked b-bid n-nominal
LONDON EXCHANGES
London, Yesterday. T3-27/64 7434 48574
Brussels Genera
Amsterdam
Milan
THE SHANGHAI COMMERCIAL
& SAVINGS BANK LIMITED Encaporated in:China)
Berlin
Madrid
Montevid
Shanghai
Capital Reser
"Hồng Kong
Silver Spot
Forward
23.60 14.96/2 715
58 23/32 1204 35-13)32 40% 5.0. 31/8
2/42
32 13/16
British Wireless Service
NO RADE DIVIDEND
Hong Kong Stock Exchang
table from Mes
Yaumati Ferries $20 n.
C. Light $8.40 a. H.K Electrics $60 Macao Electrics $2311⁄2 1. Sandakan Light $6. s. Telephone (old) $194 n Telephone (new) 391⁄4 z. China Buses Sh. $111⁄2 1 Singapore Traction 10/3 n. Singapore Pref. 20/6
Industrials Malabon Sugar $81⁄2 Cald: Marg. (Ord), Sh.$194 n. Cald: Macg (Pre£), Sh‡13 n Canton Ices $1.80 1
Cements $75. Converted.
~HK Ropes $2 1.
Stores, etc.
Dairy Farms $14 b.
Watson $3
Lane, Crawfords $31⁄21⁄2% a Mackintosh $9
Sinceres $8 m
Wm. Fowels, 70 ctual Wing On (HK) $100 n
Miscellaneota
HK Amusements. $185, n. Entertainments $6.40 n. S. C. Enterprises $1.35 n. Macao "Greyhounds”: $2 n Constructions (old) $140 Constructions (new) 15 cia. n Vibro Filing $53
Ch Govt 5% 1925 G$Bdz.
92% sa
HK Govt 4% Loan, 62% prems
HK Gort 72% Loan 2% DICHL
b
Wallace Harpers $6.3.
Han Gold
SAVINGS
SAVE SOMETHING
START NOW
UNDERWRITERS SAVINGS BANK
FOR THE FAR EAST
INC
Asix Life Bulking Hoa trong.
Tel. 30234
17, The Bund Shangbai
Tel 30234
RAW RUBBER PRICES
Messrs. B. Joseph and Co. have received the following Straits. Cure rency quotations from Singapore for Raw Robbe
Spot 183 unchanged by 19% a Jan-March 22 unchanged b
2238
July-Sept 20% unchanged b., 20%
Oct-Dec. 24% unchanged b, 21%
Market:-Steadier.
S. E. Levy & Co
75 ICE HOUSE SIKRET
BANKRISTA BROKERS
NEW YORK CONION EXCHANGE
COMMODITY ZICHANGE, ÎNG, XX
CHICAGO BOARD OF STRAZE CANADIAN COMONDOTTY 'YICHANGE
CORRESPONDI
Head Office