BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorised Capital
$50,000,000 Issued and Fully Paid-up- 20,000,000 Reserve Funds:-
Sterling
Salver
Reserve Liability of Pro-
by Dristors
HEAD OFFICE: HONGKONG.
BOARD OF DIRECTORS.
*# Blackwall E.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1855. `HEAD OFFICE: LONDON."
6)500,000 $10,000,000
Paid-up Capital Beserve Find
£3,000,000 £3,000,000
20,000,000 ReseLTE
Liability of Pro-
prietors.
$$,000,000
Agencies and Branchest
Alor Amriteur.
Toile
proda
Bangoon Saigon
Pangkor
Karwell
Babawia.
Bombay Calcarin
Jang.. Kobe Kuala
Blacharstig Berenbas Shababai Ecusspars
Fawapote
Caba
Kucking -
Kadr
Yania
Fourabaya Taiping Tinctu
Kadan
Haiphong Hamburg Hankeu
New Yor
Purping
(Toking).
TROLLE
C. C. Roger, Zeg Douro Chine
Hon Mr. W. H. Bel.
J. A Plummer, Esq.
4. Compton Esq.
T. Johnson, Esq.
T. E Pearce Esg.
Hon. Mr. J. J. Paterson,
G. Miskin Esq.,
Calet nog
OULOMBO
SAIPHONG
KANKOW ...WARMIN
DUE
JOSE IOWLOON
Ú
7. Graybara. Jag
XIANCHES 200
KCALA LUMPUR LONDON
1J0X8
MALACCA
MANI
-MUAR_Gabove)
KEKDEN
NEW TORK
PELPING
- PRNANG
BASGOC
MIGON
MAN FRANCISCO
SHANGHA
SINGAPORE
BABLY
HUNGRI PATAKI
TEXTSTE
TORTO
251NG740
TOKOHAMA
ני
Demre) Asscupen opened in Lama) Curvaney Pixas Depaste revived her one your ar Leon Conger weding Hong Kong, 7th May, 1935.
w which it be owcent ne vægbustion.
THE CHINA MAIL, THURSDAY, MAY 23, 1935
Commerce and Finance
LOCAL DOLLAR RECOVERS
Silver Prices Up
The local dollar has risen opening on demand this morning at 2,3
Spot silver rose 15/16 to 34 11/16| and forward rose 1 to 4 15/16.
The London on New York cross- rate was steady at S-U.S.$4.9053. Loo- while the New York" on don' ass-rate was quoted Forse Brehage and useral Banking bata.S.$492, as compared with £—
Harbin
Hong Long
Tokobnese Zamboanga
Corrach coocache open and Fand "Deposi voostred for, ano yuar or shorter periods of Tom (which will” ku cased on sopčnation.
A. BREARLET.
Manager Hong Kong, st. January, 1935.
THE BANK OF · CANTON,” LTD.
Established 1912. .
Authorized Capital
U.S.$4.9036.
st
RAW RUBBER PRICES
Latest Quotations From Singapore
Messrs. Berjamin and Potts Head Office:-Hong Kong.
have received the following Straits $11,000.000 currency quotations (buyers) from Paid-up Capital
8,655,000
¡Singapore for Raw Rubber:- Total Resources
32.170.492 Branches: Carton, Toishan, Shanghai,
Spot 20% up 3 b. 20% Hankow, Bangkok & San Francisco. July-September 21 op D London Bankers: Lloyds Bank, Ltd.
213 S. Foreign Exchange and Bandag jbusiness of every discription trans
acted.
ODE. JUST
Current Accounts opened and- Fixed HONG KONG SAVINGS BANK Deposits received for
shorter periods at rates which will be quoted on application.
The Bustanes at the ammo Back to nondes nd by the HONG KONG AND SHANGHAI RANKING CORPORATION, Balon may be wined on 3pplication.
FOR THE BOND-RONG AND SHANGHAI BASTING CORPORATION
T. 2. GRYNEX, -
Hong Kong. 25th February, 1935.
THE BANK OF EAST ASIA, LTD.
Pald-up Capital im
Bate and adfrided Praške
$15.300.000.00
$264,900.00
HELD OFFICE:-BONG KONG
It im Tanz Bood Conten BOARD OF DIRECTORS.......
Loom Cham, Eng., " Iwok
Tene
Za Tong. Eng a 'hing Lan
Les Too Fo Esq. Clint senge.
Le In Youg. Erçu Kangur.
BRANCHES AND AGENCIES:-
Ma..
Kelbourne Sagaki Sew York
day
Faria
Hazkow
Rasedaks
London
Priping
Расс
Jailba
Bangbon
Saigon
Tokyo
Fea Frapotó
Tancouver
Exhang Approva
Crusa
V Boury danception, et Bouling and
badmana sanacted.
Coment Accouble opened in und Plant Dupondia
السمة
for hire.
Safe Deposit Boxes (yations sizes)"
LOOK POONG SHAN,--
Chief Manager
SAFETY FIRST ! To ́Safeguard Your Vainables and Jewelleries. Deposit them in a Vanhe that is really: FIRE-PROOF BURGLAR-PROOF DAMP-PROOF!
OUR SAFE DEPOSIT VAULT:
Oct-December 221⁄2 up & b., 2234"
Ę
Jan-March 23 up 25 b. 2374
When
Market:-Firmer.
Credits 4 months"
aths sight. 226%
COMMODITY PRICES
The following quotations have been received by Reuter.
May 11. May 22. Closing Closing
on the Mezzanine Floor December
Our New building is Specially Con- Jan. (1936) structed to provide all of theas. Im-March-
[portant: Qualities.
You may obtain a Safe Deposit
Spot
Box in this most up-to-date Vault Zoe New York Rubber:-
Įyour own use at a very moderate Bao-May ital.
Inspection Cordially Invited.
THE NATIONAL: COMMERCIAL
& SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeux Roud, Central
THE
merter paciode in Lod For CAMERICAN EXPRESS COMPANY, September
terms which will be quoted an application.
8268
New York Cotton:- May
July ...
October
11.96. 12.04 11:78 11.80
12:01 12.06
1181.. 1785 11.8S. 11.88 11.91 11.93 12.40 12.45
July
September October
December
January
March Chicago Wheat:--
12:38 1245 12.64- 12.56 72.78 12.63 12.85 12.99 12.80 12.86 13.09 13.03a 73.24
May JJuly
$931
9014
90
91
9034
INC.
December
931⁄44
921%
Head Office: 65, Broadway, New York
|Chicago Corn:
May July
88%
87
$13%
$1
Capital
U.S.$6,000,000.00 September
75%
7434
Sarplas
Reserven
2,087,112.69 1,995,528.21
December
60%
66
Winnipeg Wheat:-
BRANCHES:
May July
853%
852%
36%
£74.
Glangew.
Aihette
$7,500,000.00
The Hague
HAPLOS
$1,500,000.00
Hamburg
All Important Cities
in China
Berlin
Brecon
Foreign Exchange
and
Generai
Bruc
Cairo
Con
Heidelberg Interlaken Jerusalem Loadow
Lomics
Milan
Kaplan Purwoda Patie Palpit
Fer Bose
Somba Slag pors
New York Sugar:-
May
Taormin
Marselling Moms Cache
Handia
Mundoh
Montemar
•Sale Deponis Jarme To Lo
XAX TONG PO,
Chis!, Kanagar..
THE CHINA & SOUTH SEA BANK,
LIMITED
Incorporated in China)
Head Office...Shanghai
Capital
Beneve
Branches
Banking Business, transacted
Current and Saving Accounts opened and Fixed Deposits received for one year or shorter periods at rates, which will be quoted en application
SOU Z. CHANG."-- Manager.
HONG KONG BRANCH: 24, Des Voeux Bond, Central
Manager's Office
Foreign Exchange Dept.
Copmanagem Diblio Edinburgh
• Porters
·General Office
Cashier's Office
Gubers
No. 1 No.3 No. 1 No. 3 Con Con Con. Con 2.472 2.440 2.450 2.46 July
2.47 246 2.49 2.49 255 252 2.57 2.55 Sept. Dec.
2.53 2.58 2.65 2.60 Jan. (1936) 246a 240 2.48 2.41 New York SİK:-
Branches of American Express Com-Montreal Silver:—
May
July
September
Tel. 33565
1
33567 29569
DENY States of Americs and Canada.
In Principal cities of Baltad.
May July
All classes of Commercial Banking September Fransactions undertaken.
December
33666
THE TOKOHAMA SPECIE BANK
LIMITED.
Established 1880-
spital (fully paid-up) Yen.100,000,000 Repere Fund Ten 125,800,000
Head Office:-YOKOHAMA
Branches and Agencies, xt:
Alexandria
Bombay
Kagasald Nagoya New York Osaka
Pazk Peiping
(Dale) Ranzoon ien (Mukden) Rio de Janeiro
San Francisco
Shanghai Singapore
|
Personal investment accounts handled.
The
137 136 1.35
175.75b
1.40 139 137
76.65 76.40b 77.30
77.40t 77.70
78.40b 79.00
ja asked, b-bid, t-traded, n-nom.
Company offers to intending RAUB OUTPUT FOR MONTH
Travellers the use of its “Terveleca Cheques" and Letters of Credit and, addition, the world-wide wervices its thoroughly equipped Travel De
E. DUGGAN,
Manager.
partment.
THE WING ON BANK 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 banlang businesses transacted. Current Accounts and Savings Accounts opened. Fixed Deposits received at rates which will be quoted
application
στ
Howad : Con CHITA AÐ ÍSpecial deposits "pecial rates given me
Trusteeship and Executorship under- periods taken. -Safe Deposit Boxes for hire
PHILAF GOCKCHIN Ppt Phan Chief Manager egg LGOCKCHIN VOLA SEU FONG
Kong Lith Utrch, 1985.
| Asst. Manager.
The Hong Kong Stock Exchange have received a cable from Messrs. Derrick and Co. Local Secretaries in Singapore of the Raub Austra- Lian Gold Mining Co. Ltd. an nouncing the output for the four weeks ending May 18, 1935 to be 1521 ounces.
THE SHANGHAI COMMERCIAL
& SAVINGS BANK LIMITED
Cincorporated in Guina).
Capital paid up
---35.000.000. Reserves
$7,300,000. Capital Savings Dept. :$500,000.. Reserva Savings Dept. $500,000..
* Head DesiShanghai.
A Bank having is ita, missions the Endartzial development of China) and the fostering of her com Br cial relations "broad,
„Hour Emir alice-7 Tos Henne 3.
SARA Phone 21421-2-3
LOCAL SHARES.
TO-DAY'S QUOTATIONS
The following is the list of local share quotations issued to-day- *Banks. HK Bank $3000 sa
FK Bank (London) £124 me Chartered Bank 14% D Mercantile Bank A. & R. $51kä n. Mercantile Bank C. £181⁄4 n. Bank of East Asia $81`n.
Am: 0. Finance Corp, Sh$15 A China O. Fin. Ord, Sh. $150 China O. Fin. Préf. Sh. $4 a. InsuranceAT, Canton Ins. $203 X. Div. : Union Ins. $$45 B
China Underwriters $1 China Fire Ins. $400 m... HK Fire Ins. $200 n. International Assoe. Sh.$44
Shipping.
Douglases 538 HK Steamboats, $4 "Indo-Chinas (Pref.), $30 ̈¤. Indo-Chinas (De£), $33 n. Shell (Bearer) 71/3 n- Union Waterboats $1134 n.
Mining
¿
Antamoks 68 ets. n. Balatocs $34 1. Baguio Gold 21. cts. Benguet Consolidated $11 n. Benguet Exploration 10 cts D- Benguet Goldfield 10 cis. 12, Big Wedge Sets. zi.
Gold Creek 30 cts. m.⠀ Gold River ets, Ipo Mining 85jets Itogans 30 cts. D. Salacots 12. ets., n. Kailan -Mining Ad. 18/- 2 Langkats. (Single) Sh$14 ¤. Shai Exploration. Sh.$41⁄2 x- S'hai Loans Sh$574'n Hanbs, $i D.
Venz: Goldfeld $5 r.
Docks etc.
BRITISH CHAMBER
Invitation Visit To Canton
IN FURTHERANCE OF TRADE WITH, KWANGTUNG.
OF COMMERCE
NEW: ADVERTISEMENTS
THE HONG KONG ELECTRIC CO. LTD.
Municipal Offices on Saturday; they will be the guests of the Provincial Government to dinner on Saturday evening, and H & M Consul General Ma Herbert Phillips Reductions in Price of Current. CM.G.. will be their host for limeh on Sanday.
(1) The price of current for Cars for sightseeing will be pro-lighting. fans and certain small Members of the Committee of the Hong Kong General, Chamber ofvided by the Canton Government motors will be reduced to 15 cents Commerce will leave by the Kow-The first enterprise visited will be per unit on accounts for meters
con-Canton
"to-morrow the Railway
Kwangtung Cement Works, read on and after 11th July, 1935. two-and-a-half years (2) The price of current to Con- evening for a visit to Canton and established neighbourhood on the invitation of age and now producing a million sumers whose consumption, for in- His Excellency Mr. Lin Yun-koy, barrels of cement annually. The dustrial power purposes, exceeds Chairman of the Kwangtung Pro-Waterworks, which will before long 1,000 mits per month, will be sub-
be enlarged, and some chemicaljject to a discount of 10% on ae
counts for meters read on and after.
vincial Government.
+
Accompanied by the Mayor of works will also be visited. Canton and other officials, the Pro- In the afternoon, after crossing 11th July, 1935. vincial Governor recently came to the River by the new Pearl River GIBB, LIVINGSTON & CO., LTD.
Agents Hong Kong to say goodbye to Sir Bridge the party will visit Horam william Peel, and expressed the and see the new Cotton Mill which Hong Kong, 22nd May, 1935. wish that a deputation of business is almost ready to begin operations;
at which work! men should visit Canton in further-the Woollen Mi
commenced two months ago; | ance of the friendly relations al-was ready existing between the two and the waste silk plant. In bothị cities and to see something of the the Cotton and Woollen Mill British great development which has taken machinery has been installed. place in Canton and the vicinity in recent years An invitation for a visit by
the the of the Committee Chamber of Commerce was the out-On Sunday morning the
will be shown the scenic and his- Pthe Sale by Public Auction
features of Canton and L
CODE.
...
Memorial Hall Visit
The foregoing visits will occupy daylight hours of Saturday.
great
visitors!
R
PUBLIC AUCTION
VARTICULARS & CONDITIONS
Those taking part are: The torical Chairman, the Hon. Mr. W. H. Bell, environs. The Memoriai Hall and to be held on MONDAY, the 27th Manager of the Asiatic Petroleum the Monument to Sun Yat-sen, day of May, 1935, at 3 pm at
national hero, are the Offices of the Public Works De Ca. Ltd. in South China and the China's Philippine Islands; the Vice-Chair-jalways of great interest, and from partment, by Order of His Excellency
of the neighbourhood a fine
view of the Governor, of one Lot of Crown
(Continued on Page 10)
man, Mr. Stanley L Dodwell, Messrs. Dodwell and Co., Ltd; the Canton is obtainable.
Hor. Sir William Shenton; the Hon. Mr. J. J. Paterson, head of Messrs. Jardine, Matheson and Co., Ltd, in
Hong Kong: Mr. V. M. GrayburL, T KEINENEŃE>=XE
Chief Manager of the Hong Kong and Shanghai Banking Corporation: Mr. & W. Hughes, General Man- Fager of the Union Insurance Society of Canton, Ltd.; Mr. A. L. Shields, Messrs Shewan, Tomes and Co., Ltd, and Mr. T. E. Pearce, Messrs. J. D. Hutchison and Co, Ltd. - Mr. G. C. Pelham, HM Trade Commis sioner for Hong Kong and Com- mercial Secretary for South China, who is a co-opted member of the
HK and K Wharves $85 Chamber of Commerce Committee,
will also be one of the party. Caza. rts.
Sightseeing Programmė
*
HK. and K. Wharves er right
$54 m.**
HK and K. Wharves right $5
H.K. and W. Docks 391⁄2 n. Providents (old) 75. cts. n. -Providents (new)-20 cts. I.
Hongkew Sh. $2671⁄2 x New Engineering Sh.55 ... Shai Docks. Sh. $110 m
- Cotton Mills Ewo Cottons Sh. $8.30 m Shanghai Cotton (old) Sh.$70. n Shanghai Cottons: (new) $43_n. Zoong "Sings. Sh. $842 1. Wing On Textiles, Sh. $55. 2.
Lands, Hotels, etc..
HK and S. Hotëls $4 bi HR Lands $33-
H.K. Lands 4% Debentures 100%.
n.
Shanghai Lands Sh.$20 Metropolitan Lands Sh. $10 n. Humphreys $834 8.
HK Realties $43⁄41⁄4 n. Asia Realties “A”, Sh. $75 1. Asia Realties "B" Sh. $10 n. Chinese Estates $90 n. China Realties Sh. $7 n. China Debentures Sh.$123 IL.
Public Utilities"
HK: Tramways $124 n... Peak Trams (old) $81⁄2 1. Peak Trams (new), $5 1... Star Ferries $771⁄2 5000 Yaumati Ferries $20 a... C. Light 881 s $8.20 32. HK. Electrics $59 s. and sa Macao Electrics $2341 Sandakan Light $6 z.. Telephone (ok) $19 n.." Telephone (new) $83% 3 China Buses Sh. $1122 z Singapore-Traction 10/6 b. Singapore Pret 22/6 b.
Industrials Malabon Sugar $81⁄2 1 Cald: Mary (Ord.), Sh$191⁄2 1 Cald: Macg. (Pre), Sh$13.2. Canton Ices $1.30 11 Cemetts $6.20's. Converted.. HK. Ropes $21
Stores, etc. Daily Farms $14 n. Watson $3% D
Lane, Crawfards $331⁄2 n. Mackintosh $9 n. Sinceres $8 D.
Wm. Powells. 70 eta, h. Wing On (HK) $100 1.
Miscellaneous.
B.K. Amusements $1.85 n Entertainments $6.40-i. SC. Enterprises $1.35 n. Macao "Greyhounds” $2 ú Constructions (old) $140 2. Constructions (new) 45 cha: 1. Vibro Filing $5-m
Ch. Gort. 5% 1925 G$Bds
92%
ELK. Govt 4% Loan, 51⁄2% prem
Everything
gone. BUT YOUR
SAVINGS
RENT
FOOD
CLOTHING*
A programme of sightseeing and visits will begin at 9 am Saturday and continue until mid- will day on Sunday. The visitors
to hunch at the be entertained
O
HEAT
TAXES
ATER
CHITS
NEW YORK STOCK MARKET
Senate Expected To Back President
··LITTLE APPREHENSION OVER OUTCOME
in the market report. Messra. S. E. Levy and Company. Corres pondents for Messrs. White Weld. and Company, New York, state:-
"Stocks:
The President's speech is considered a strong Con-. servative statement and is likely to be upheld by the Senate, though voting has been delayed until to morrow- Meanwhile, the market. jis displaying little apprehension
over the outcome. Business done:: -1,150,000 shares.
"Grains:— We would suggest purchases on setbacks for moder- ate turns. Total sales:19,186,- 000 busbels; Corn:-9,742,000, bus- jhels.
(Continued on Pegg. 10) Latest Quotations
1
The following quotations hats | [been received by Rester
Prev. To-day's close
NY/London
cross-rate
4.90% 4.9224 NY. Cotton-July ... 12.04 12.06 NY. Eubber-July... 12.45 12.64 Chicago Wheat-July 90% 90 Chicago. Corn-July B1 81 Montreal Silver-Dec. 78.40b 79.00 Silver Official
76%
Dow Jones Averages
30 Industrials. 115.58 118.24 .68 'up 31.22 .31.16 06 of
20 Rails
20 Utilities
40 Bonds
11 Commodity
**19.39 19.30 .08 off
95.16 95.13 „03 ̋off
Index
58.93 58.96 .03 up Business Done: 1150,000 shares.
Is It Insured? ?
Insurance –– All Classes
LOWEST RATES. American Asiatic Underwriters Fed Inc., USA. General Agusta
Head Office
17. The Band HK Govt 34% Loan 2% press- Shanghat
Wallace Harpers 45, 5.
HK. Oct.
Building
Tel:29226.
SAVINGS
SAVE SOMETHING
START NOW
UNDERWRITERS
SAVINGS BANK
FOR THE FAR EAST.
INC.
Axis Life Building Bore Kore
**Tel. 30234
PUBLIC AUCTION
T
\\HE Undersigned have received: instructions to sell by Public Auction.
Ox
Monday, the 27th May, 1935-
commencing at 10.30 am.
at No. 180, Macdonald Road
—— A Quantity-of- VALUABLE HOUSEHOLD
FURNITURE
On view from Sunday the 26th May, 1935
Terms: Cash on Delivery.
LAMMEET BROS,
Auctioneers. Hong Kong, May 23, 1935.
Land at Mount Cameron in the Co- lony of Hong Kong for a 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 taym of 75 years. -PARTICULARS OF THE LOT.
Vest of Katal Halidia**
No. of Bala
Registry No.
ཨ་མཅས་༢༣༣ས་ - མ་མཪ་
Socailly,
Boundary
the the
about
10,350 288
“PUBLIC AUCTION
ARTICULARS & CONDITIONS
Por the Safe by Public Auction
to be held on MONDAY, the 27th day of May, 1935, at 8 pm st the Offices of the Public Works Department. by Order of His Ex- cellency the Governor, of one Lot of Crown Land at Island Road in the Colony of Hong Kong, for a 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 To
years.
PARTICULARS OF THE LOT.
Locality,
Opposite Rgral Building
fland Road:
Registry No.
No. of Bal
*
BoenderT
في
我
about
Ja i per vale i plan. 12.000
SHANGHAI EXPLORATION COMPANY DIVIDEND
49 | Annual Rontaj
AN | Upto Price,
Messrs. Benjamin and Potts bave received a cable from their Shang- hai Office informing them that the Shanghai Exploration and Develop
declared ment Co, Ltd, have
| dividend of 21 cents for 1934
<
H.B. PUZZLE
The correct solution of the HB. Puzzle is
OF THE TWENTY-SIX LETTERS OF THE ALPHABET, THE TWO IN MOST COMMON USE ARE HB.
The prize has been won by Mr. Chan Wai Ming of Wah Tai College, who will receive a case of HB, Beer
Mr. Chan Wai Ming's solution was received at 2.30 pm on May 1st.
2