BANKS
HONG KONG AND SHANGHAI BANKING, CORPORATION
uthorised Capizai
Based ad Fully Paid-up.
Beserve Fundst
*Sterling ...-3. £ 6,500,000 & Silver
$10,000,000
Reserve Liability of Pro-
zietors
$50,000,000 20,000,000
THE CHARTERED BANK OF “INDIA, AUSTRALIA & CHINA.
porated by Royal Charter, 1863.
HEAD OFFICE: LONDON S
Paid-up Capital Reserve F
20,000,000 Reserve Liablity of Pro-
A HRAD OFFICE: HONGKONG,
BOARD OF DIREČTORE.""
© C. Kaight, Ear „Donate Chairman.
Hon. Mr. W. E. Bell G
H. Compton Est
J. A. Plammer, Esq.
THE CHINA MAIL THURSDAY, MAY 30, 1935
and
Commerce
Finance
LOCAL DOLLAR DECLINES
Silver Prices Fall
£$,000,000
„£3,000,000
£3,000,000
Bangoom.
Saigon
Semarang
Baramban
Sanghat
The local dollar has declined farthing; opening on demand this morning at 2/4.
a
Agencies and Branches:
prietors
Jon Bar
Wala
Ipok
-Banrbak
Kamchi
Bateria
Botabay
Fobe
Inala
Conton
Inching
Habem
Kadan Key Turk
Concesi
Priping
|(Palting)
Tobronion Zamboanga
3 Johnson, Esq. Deb Roa. Mr. J.J. Paterson.
Mişkin "Esq., ~ T. E. Pearce Esq.,
*
T. X. Urazhara,” ang
KRALPHONO ZWAMBURG
་་་
TLOTLA
M&
BOWLOOK
Calat: Maangat. --
BIANCHIS→→→→
KUALA LUMPUR. LONDON
MANILA
SZTONS
MALACCA
NCAR (doberaj
MURDER
NEW YORK
PRIPISC PENAXO
ZANGOON
BAIGON
SAN FRANCISCO.
SHANGHALA
SINGAPORE
HOURABAYA
KUNG PATEKI
TIENTSIA
TORTO
TSINGTAO
ТОБОНАМА
Corvett Advante opened in Local CurtsDCY
nd Med Deponiin esived for one yING OF ski perioda in Local Company and Sterlin pvarme which, will be asound. in sapinstitu
Hong Kong, th May, 1935.
HONG KONG SAVINGS BANK.
The Busloome of the shove Back to točnon- àm thế BONG KONG AND BHANGELA
KING CORPORATION. Palm DRY - SE abdalanda application. B-FOR THE HONG KONG AND SHANGHAI
RANKING CORPORATION
T. 1. GRATBURN,
Chief Yan,
Hong Kong, 25th February, 1985,
THE BANK OF EAST ASIA, LTD.
Jontero and Dadivided Prufte
_$$.800.000,00
HEAD #FFICE:→HONG KONG
11. Dm Vaux Low Contra
Harbin Hong Long
Singapore. NATED Sourabaya Taiping
Foregs Basings and General Bucking best "Everest Ascoate opened and Find Deposite mcsével joc ane Tag se skorine parinda, an mam which will be quoted an application.
A. BREARLET.
Manager Hong Kong, 1st. January, 1935.
.J
SAFETY FIRST!
To Safeguard Your Valuablan
2 and Jewelleries.
Deposit them in a. Vault
that is really: FIRE PROOF BURGLAR-PROOF DAMP PROOF 1
OUR SAFE DEPOSIT VAULT
located
on the Mezzanine Flour Our New building is Specialty Con [structed to provide, all of these Im- portant Qualiter.
Spot silver dropped three far- things to 32-15/16 and forward", to| 33-3/16.
The London on New York cross- rate was quoted at S-US$1.534. while the New York on Lon- as compared, with' S-US$195%,
don cross-rate was quoted at US$4.92%. as compared with £U.S.$4.94.
EXCHANGES
TO-DAY'S QUOTATION
On Singapore-
On demand
You may obtain a Safe Deposit On Japan Box in this most up-to-date Vault Zor your own use at a very moderate Eat- On India
Inspection Cordially Invited. THE NATIONAL COMMERCIAL
& SAVINGS BAKE, LTD. Carner of Ice House Street' ami Des Van Road, Central
THE BANK OF CANTON, LTD. Established 1912.
Head Office:--Hong Kong
60%
LOCAL SHARES.
TO-DAY'S QUOTATIONS
The following is the list of local share quotations issued to-day
Banks HK Bank $1,015 b
HK. Bank (London) 41241. Chartered Bank #14 m. Mercantile Bank A. & B. $314 Mercantile Bank C. £133⁄41⁄2 1. Bank of East Asia $51 Am: 0.-Finance Corp China O. Fin. Ordy Sh China O. Fin. Pref. Sh.
Instrances.
Canton Ins. $20$ n Union Ins. $93245 b. ~China Underwriters 90 cts. 8.
China Fire Ins. $382 n. Ex. div. HK Fire Ins. $200 n. -International Assce. Sh.5435
Shipping.
Douglases $3811⁄2 b. HE. Steamboats $4 n. Indo-Chinas (Fret), $30 Indo-Chinas (Def), $3$ 22, Shell (Berfer) 70/- n Union Waterboats $114
Mining
NEW YORK STOCK MARKET
Better Buying Levels In Stocks
REACTION TO RECENT TURN OF EVENTS
In their market report. Messia
|
NEW ADVERTISEMENTS
NOTICE
HONG KONG WATER SUPPLY
NOTICE
·H. M. THE KING'S BIRTHDAY REVIEW
T IS HEREBY NOTIFIED THAT THE Public are hereby Notified
commencing on SATURDAY,
of the following traffic
F
5. E. Levy and Company, corres pondents for Messrs White Weld and Company, New York, states
June 1, and-antil further notice, the rangements which will be enfor Stocks:-In spite of bullish long hours of supply in all districts on feed on the occasion of the King's pull implications from the recent the Island will be tar of events, we would look for better buying levels. done: 1,500,000 shares.
Business
Greins:-Large deliveries of May contracts and ideal weather con- ditions are depressing influences, Total sales: Wheat: 19,555,000 bushels; Corn: 10,826,000 bushels
{Continued on Page 11)
6-9 and 430 230 pm
R. M. HENDERSON. Water Authority. Public Works Department, Hong Kong, 30th May, 1935.
Birthday Review on June, art, 1995:-
1. Motor cars conveying of- Sicials to the ceremony at the Ce- notaph will be stopped at the junction of Des Voeux Road Cen- tral and Jackson Road where the officials will alight and proceed-to the Cenotaph via Jackson Road. The cars will then be sent via Des Voeux Road Central and Wardley THE undersigned have received Street to Chater Road, west of the
instructions from the Pro-State where they will be parked.
PUBLIC AUCTION
COMMODITY PRICES prietor of the Appolon Beauty 2 From 10-30 am
The following quotations have fbeen received by Reuter.
May 28. May 29. Closing Closing
ALS
OK
to 11.30
Parlour to sell by Public Auction am no vehicle will be permitted to travel in an easterly direction in Queen's Road between Morrison Street on the west and Hong Kong and Shanghai Bank on the east.
3 From 10.30 am to 1150 am- motor traffic travelling east along Queen's Road-West will be divert- ed by way of Morrison Street into
Wednesday the 5th June, 1935 commencing at 10:30 am. at Pedder Building, 1st floor. The Goods and Chattels of the Beauty Parlour Permanment
machines. Accessories. Furniture, Partitions, Showcases, Ceiling fans, lights, Fittings, etc, etc.
On view from Tuesday the
June 1935.
- Ware
Ceiling; Des Voeux Road Central.
4. From 10.30 am to
Road
11.30
4th... all streets between Des Voeux Central and Queen's Road Central from Morrison Street to Fedder Street will be closed to south bound vehicular traffic.
Terms: Cash on Delivery.
LAMMERT BROS.
Auctionects. Hong Kong, 30th May, 1935.
Everything BUT YOUR
SAVINGS
On London-
On & demand
2/4
(New York Cotton
Jaly
4 months' eight
241
October
Credits 4 months" sight
253
on Shanghai-
December
11.5$ 11.S6 11.56 1128 11.60 11.33
Antamoks 68 cts. D.
Jan (1936)
11.62
On demand
139
Balatocs $34 n
March
11.65
Baguio Gold 21 cts. 1.-
May
993
Benguet Consolidated $11.
Spot
1125 11.39 11.67 11.41 12.20
11.90
Benguet Exploration 10 cts
New York Rabber:-
On demand
1984
On T.T. & demand
1544
Benguet Goldfield 10 cts. mi Bir Wedge 8 ds. 1 Gold Creek 30 êts. ni
July
¡September
December
On New York-
Gold River 7 etą
-
January
On demand
Ipo Mining 85 cts. 1.
March
Credits 60 doys sight
Itogans 30 cts.n.
May
12.50a 12:38 12.59 12.50 12.20 12.71 12.92 12.78 13.08a 12.94 unquoted unquoted
On Batavia-
Salacots 12 ct.
Chicago Wheat:—
On demand -
843%
Kalan Mining Ad. 17/5 z
May
86
83
On Paris.
Langkats (Single) Sh.$14 ́n.
Juts
S
$434
On demand
875
Shai Exploration Sh$4
September
8834
8514
Credits 4 months" sight
925
On Saigon
Shai Loans. Sh. a. Ranbs $4.
December
90%
gone
| Chiengo Corn:-
On demand
87
Venz: Goldfield 35 m.
¡May
$3%
$3
On Manila-
Docks, etc.
July
7834
73%
$11,500,000
On demand
-113)
71%
8,555,000 On Bangkok-
December
61
614
7914 rate 25% 32-15/16
į neted..
Брощеное
Nagasaki
Now Zork
Singapore
Osaka
Grason
Priping
badne] Taikok
Current Accounts opened and Find Copper Cents Deposita received for One year or Bate of Native Interest ...35 puan. shorter periods at rates which will be Chinese Sub Coin [quoted on application.
27 dis. Safe Deposit Boxes (various sizes) Hong Kong Sub Coin ....
.par.
..par
for hire.
EK and K Wharves ex right Winnipeg Wheat:-
$81/2 5. H.K. and K. Wharves right $4 HK and W. Docks $9. Providents (öld) 75 cts. b. Providents (new) 20 ets. IL- Hongker Sh. $261/2 a New Engineering Sh.35 r. S'hai Docks Sh. $110 n.
Cotton Millä.
May July
837/
$1
842
82%
New York Sugar-
July Sept
No. 1 No.3 No. 1 No. 3 Con. Con Con.. Con 2.42 240 239 236 2.49 246 247 241
HEAT
Dec
Dubai
Rangoni
LOOK POONG SHAN,
Ewo Cottons Sh. $8.30 n
2.57 251 254 · 246 Jar (1936). 240 230 237 228 Mar
2:32
21,29
Sea Proposes
Chief Manager.
Shanghai Cotton (old) Sh$70 n..New York Silk:---
Shanghai Cottons (new) $43-11.
July
1.37
1.34
TAXES
WATER
THE
Zoong Sings Sh. $81⁄2 1
September
1.35
Wing On Textiles, Sh. $58.
December
1.35
13334 1.33
Lands, Hotels, etc.
Montreal Silvers-
CHITS
HK and S. Hotela $4 h."
May
73.60b
.73.75
HK Lands $30
b.
July
73.85: 73.95
74101 74.35 75.30t 74.80b
BOARD OF TUKELTONS:-
Kie Show-women, Chuama...
Tám Chan, Zag P °C Xaok. Das Wone Toes, Zag Chan Ching Shak, Esq. Id Lea Wong Chu Son, East Lon. Ting
w
Tao Tome Pa. Prqi Filet Hanager. *The Face Forja Kasagu.
BRANCHES AND AGENCIES————
Melbourne
Carphone Banking and
Lomon granted
Accommoć in
Lanbachga
apprestad
Authorised Capital Paid-up Capital Total Eesestrcen
32,170,493,
On demand Broches: Canton, Toisban. Shanghai, Hankow, Bangkok & San Francisco.
Sovereigns bank buying London Banke: Lloyds Bank, Ltd., Bar silver per ozi
Foreign Exchange and Banking Bar Silver In Hong Kong ..Nom. business of every discription, tracs-
Copper Cash
Lovel Cara AMERICAN EXPRESS COMPANY,
Thod Imposite received for e selar periods in Local and Foreigs
Charms which_will be quoted on application. Sale Deposit Boz To
TAN TONG PO.
Chief Manager.
INC.
Head Office: 65. Broadway, "New York.
Capital
RE CHINA & SOUTH SEA BAKK, Surplus
LIMITED
**
„Shanghai -
*$7,500,000.00
(Incorporated in China)
Head Unice
Capital
aking Business transacted.
Repres
Armsterdam
Answerp
Atherto
.U.S.$8,000,000.00
24,08% 112.89 -1,995,528.31
NEW YORK STOCK
EXCHANGE
Reuter Quotations
May 30.
The following quotations were re- reived by Renter IN.Y/London 494 4933 193 IN.X. Cotton
July
July
Sept.
12.50 12.45- 12.47 12:59
12.57. 12.57
£6***
78號
24%
41
415%
11.96 11.72
A
Oct.
11.56 1143
11.7 1148
N.Y. Rabber
BRANCHTS:
Groom
Mias
Garam
CWheat July 87
* izgu
Kapla
Brale
Berlin
General
Besides Braces Be Cara Calcate
Colombic
Publis
Elevens Hamburg "Barth
Heidelberg Indiariakse
Pre
Corn July 7
Paris Putyin
W. Wheat July 84%
STOCKSCO
Betterdam
Amer_Smelting. 4234
Edinburgh
Toreros Gamers
Jarananto London Liverpoo -Lacerte
Legen Lor Marseillen
Mentia Yezick Mostroez
Sand
Mopa
General Motors 3242
31 3114
Taormina
Int. Tel-& Tei
734
Loew's Inc
394
2934
Tagine Yakal Zurich
Montgomery W 264 N.Y. Central 16 Standard Ol-NJ 463⁄41⁄4 C.S. Steel
83%
*-26
16 16%
46
33
Reserve
Branches
$1,500,000.00
All Important Cities.
in China,
Foreign Exchange and
Current and Saving Accounts opened.
* Fixed Deposits received for onaj ror shorter periods at rates which
I be quoted on application
SOU Z CHANG,
Manager
HONG KONG BRANCH:
24, Des Voeur Road, Contra.. Tanager's Office .....Tel. 33555 Foreign Exchange Dept. 33566 General Office
Baglider's. Office
32567
23589
DSDy
Branches of American Express Com- in Principal cities of United Btates of America and Canada.
All classes of Commercial Banking Fransactions undertaken.
Personal
YOKOHAMA SPECIE BANK handled.
LIMITED
Established 1880-
Hal (fully paid-up) Yen 109.000.000 erve Fund............. Yen 125,800,000;
Best Office:——YOKOHAMA
Branches and Agencies at:
Nagasaki Nagoya
New York Osaka
Pazir
Peising
(Daily) Rangoon
(Malien) Rio Le Tenstro
San Francesò
Seattle Semara
spore
investment accounts
The Company offers to intending Travellers the use of its Traveiera Cheques" and Letters of Credit and, its thoroughly equipped Travel De- In addition, the world-wide services.
EW DUGGAN,
Manager.
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 banking businesses transacted.
Current
Accounts
and Savings Accounts opened. Fixed Deposits received at rates which will be quoted on application. Special rat
ecial rates given. Fry
As-Special deposits upon the
Trusteeship and Executorship under- rioda taken. Safe Deposit Boxes for hire.
PHILIP COCKCHIN
Chief Manager
LCOCKCHUN Asst. Manag
LI SHU FONG,
Con Gas NY. 235 - 2334- **34 Elec Band & Sa Th
LONDON EXCHANGES.
„London, Yesterday.
Paris New York
75.1/64 4.934
Montreal
4.934
Brussels Geneva Amsterdam Milan Berlin
28.86 *15.301⁄2 7.31
Prague
59 15/16 12.22 1183%
522 sellers" 397 S.0.
1/8
Athens
Montevideo
Shanghai
Hong Kong Other rates unchanged ∙Silver spot.
Forward
2/43/4
32-15/16 *33 3/16 War Loan 34% 105
-British Wireless Service.
THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED
(Incorporated in China)
Capital paid up $5,000,000 Reserves
$7.300,000. Capital Savings Dept $600,000. Reserve Savings Dept. $600,000. Head Office-Shanghai AyBank having as its mingim the industrial development of China and the fostering of her comEACT- cial relations abroad. by
* Hong Kong office--7 Ice House St
· Plome":31481-2-37
H.K. and K. Wharves, $82 s. Cum September
HLK, Lands 4% Debentures 100% September
b.
Shanghai Lands Sh.3201⁄2 n
Metropolitan Lands Sh. $10 m. Humphreys $8 2
H.K.. Bealties $4 D. Asia Realties "A". Sh. Asia Realties "B", Sh Chinese Estates $90 n. China Realties Sh., 7. China. Debentures Sh.$123
Publie Utilities
HK Tramways $11.80 b Peak Trams (old) $84 Peak Trams (new). 36 m Star Ferries $77521 Taumati Ferries $20 z. C. Light $8.05 sa HK. Electrics $57/571⁄4 sa." Macao Electrics $234-7. Sandakan Light $5 a Telephone (old) $19.10,
32
December
la asked, b-bid, t-traded, n-nom
SILK INDUSTRY OF KWANGTUNG
Higher Duties Asked Against Dumping
Canton, to-day,
The Burean for Improvement of Sericulture has submitted a petition to the Provincial Government ask- ing for the imposition of heavy taxes on silk products imported 319 from foreign countries.
Telephone (new) $8% China Buses Sh. 811% he Singapore Traction 10/6 5. Singapore Pret. 22/6 b.
Industrials Malabon Sugar $81⁄2 n Cald; Macg. (Ord.), Sh.3191⁄2 1 Cald: Macg: (Pref.), Sh-$13 m. Canton Ices $1.80 n Cements $5 s. Converted HK. Ropes $2
Stores. etc.
Dairy Farms $124 by $124 sa Watson $31⁄2
Lane, Crawfords $3. a. Mackintosh $9. Sinceres $8 m Wm. Powells, 70 cta. 2 Wing On (HK) $100-2.
Miscellaneous.
HK Anmsements $1.85 m. Entertainments $6.40-n. S. C. Enterprises $135 Macan Greyhounds" $2 n. Constructions (old) $1:40 Constructions (new) 45 cts. 1. Vibro Filling $51
Ch. Govt. 6% 1925 G$Bda
92%.
HK. Govt 4% Loan, 572% prem
Since its inception, the Bureau has exerted great efforts to promote the silk industry, in the province, but due to increased dumping of
RENT
FOOD
CLOTHING
SAVINGS
- SAVE SOMETHING
START NOW
UNDERWRITERS SAVINGS BANK FOR THE FAR EAST,
INC.
Asia Life Bidding Hone Kont
Tel. 30234
5. Between the hours of 9 am.. and 12 noon vehicles will not be permitted to park in Connaught Road Central ·(between Fedder Street and Murray Road); Chater Rozd, east of Queen's Statue; Wardley Street, north of Queen's Statue or in Jackson Road.
6 No vehicular traffic will be permitted in Murray Road and in Connaught Road Central between Pedder Street and Murray Road between the hours of 9 am and 12 100.
7. Jackson Road will be "en- tirely closed to spectators and Pe- destrian traffic (except to officials attending the ceremony) from 9.45 2. ubi E E. the Officer Admin- istering the Government and. Of- ficials have left the Cenotaph Spectators other than officials t- tending the ceremony, who arrive after 9.45 am. and wish to view the ceremony from the vicinity of the Hong Kong Club will proceed Jon foot via Murray Road.
GOVERNMENT HOUSE BALL
The traffic arrangements for the Reception at Government House on the night of June, 3rd will be as follows.
From 9 p.m. to 10:30 pm- motor traffe travelling from the Peak to towa or Government House via Magazine Gap Road on. reaching Garden Road will be di- verted along Robinson Road-and down the Albany
On reaching Upper Albert Road motor, traffic te the town will continue west and down Arbutinot Road, Motor, traf- fe to Government House will pro ceed. east along Upper Albert Boad
2 From 9 pm to 10.30 p.m. all east bound motor traffic on Caine Road other than motor vehicles proceeding to Government House". will be diverted down Arbuthnot Road
3. From 9 p.m. to 10.30 p.m. all east bound motor traffic on Robin son Road will be diverted down the Albany.
Owner driven cars will park in Kennedy Road:
foreign silk goods, the local market Is it Insured? ? No car will be permitted to park
for Kwangtung silk and silk pro ducts is still dali
Insurance— All Classes LOWEST RATES American Asiatic Underwo
Fed. Inc. U.Sako General Agents
The petition states that while the quality of local raw silk is being improved to meet the demand of buyers, strict measures should be! taken by the government to prevent! dumping of foreign goods made of Head Office natural or artificial silk. This is 17, The Bund the only real means. of protecting the bame silk industry, Centrall Press
RAW RUBBER PRICES
Latest Quotations From Singapore
Messrs. H. B. Joseph and Co have received the following Straits Cur- rency quotations from Singapons for Raw Eubber.
Spot July/Sept Oct/Dec
Mark
HK Govt 31% Loan 2% trem: Jan./Marc
Wallace Harpers $5.8.
Sellers
Buyers 20 down i 21
1/2 23 2
Shanghai
CHE. Office Asia Life
Balding Tel. 30234
SHIRLEY TEMPLE BRIGHT EYES
FOX: Pict
in Government House Garage - or grounds. Chauffeur driven cars will park on Murray Parade Ground where a special telephone to Government House will be, in stalled Guests requiring their cars should give the number of their cars to the Police Officer on- duty at Government House steps.
Señan chairs and rickshas will. set down their passengers at the main entrance to Government House in Upper Albert Road. These vehicles will not be allowed inside the grounds of Government House except in the event of heavy rain,
D. BUBLINGHAM. Inspector General of Police. Hong Kong: 30th May 1925.
The following are taking part in the concert at the Cheero Club to night: Mrs. Blair, Mrs. Portal- Hon, Miss Prue Lewis, Miss Betty Festonji, Mrs. AM. Bowes-Smith,
TO-MORROW at the STAR BL. Baines, Mr. Lindsay
Lafford, Sto. Powell, Sig. French, A Joyce and A. B. Collingwood.