BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorised Capital !.........4. $50,000,000|
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHIKA.
Issued and Fully Paid-up 20,000,000 Incorporated by Royal Charter, JRSS
Reserve Funds:--
Sterling
Silver
£6,500,000
$10,000,000
Reserve, Liability of Pro-
prietors
HEAD OFFICE HONG KONG.
BEARD OF DIRECTORS,
11. admit Bag,*
Chairm
<< binivist, Eng.
Deputy Chairman,
2014 2015
Haulhudk
مسات معيشة
HEAD OFFICE: LONDON
Paid-up Capital .. 20,000,000 | Reserve. Fund
£3,000,000 £3,000,000
| Reserve' Liability of Pro-
prietors
,000,000
Agencies and Branches:
1pon
Jangan
Saigon
Banggoo Baterie
Jurmala,
Kabe
Calratis
AHL Compton Esq
C'ansepors Crima
Lanspar
Andene
3 Johnson, Esq, bu Hon. Mr. J. J. Paterson, G. Miskin, Esq. T. E. Pearce, Esq-Limi
•D-12ne
Lagudem
Fini
BRAMHES
Hurter
ANOT BANGKOK BATAVIA
LANDIN
L
RAY
V. M. Viens barn. Enj Clam? Wange.
W. H. Bell, Esq., K. S. Morrison Esq. Cent
CALCUITA CANTON
< UN30
PAIRES
*****
HAIPHONG
CVRLING
HANKOW
HARBIN
HONG KEW
ILIO
JORE
KOME KOTLOOS
MALAGUA
MANILA
NEAR Dubuf"";
MUNDEN
NEW YORK
REIMING
PENANG RANGERN
NANGON
SAN FRANCIS
KUALA LUMPUR
SHANGILA
STMIAPORE
SOURABAYA
SUNGER PATANI
TIENTSIN
TOKYO
TRINGTAD
TOROBAMA
L
Tenure and in- Load CumEFINI
and red Thijmostre immorizand fra vore sa or niamque pupunta in Tural Company and Sewing me verma wiejrh will be queerd in appli-striped
Hong Kong, 6th April, 1955.
HONG KONG SAVINGS BANK
That Buster of the shore Bank in coduct
wedi my you BONG KOME AND SHANGILNI BANKING POOLIORATIO Bir y
betonni að pisland.
14R THE HONG KONG, AND SHANGHÀI PANKING CORPORATION,
*V X. GRAY BIRN.
Klant Nutrace
* Bath, 2nistuary, Sta.
THE BANK OF EAST ASIA, LTD.
Authorsund t'upital
Part-up Capalad
Hier werd l'odivided ProZF-
· F
to a p
$150M AQN6_4\/ $2,040,100,00
HEAD OFFICEL-HONG KONG
De Verren Rund Central...
A DIRECTORS
Ser Nismosa Casa, Casarmen, Am, Em, P. K. Tank. Fog.. Times Fun Tong, F. Chan Chang Sek. Em Rug Wong Chu Son, Eng and Kane Ysts Parking
Bare Tong Pn. Engu <hvert Manager,
Fong. Em Margera
KRÁSCHES AND AGENCIES:
Semotio
ANHO
Batavia
Merlimafor
Kaneki
ま
Custo Conten
4
La
Tarix
Taqwa
Hei!
Tenang
Клие
Fimburs
1
Ta
How ""4"],
BALT
•
merton
Y
Thirderines
Tunin
TARNO
ཀཱ ། ཛཱཀྐཏམྨ, ན
Jhonom
Foot Fem!
Lawili pacifies apgirema)
flon Hum
ل
DALLAMBAT.
bona tuluya
ོmunks
Imot-ia Justas
temer
indam
2/4
THE CHINA MAIL, MONDAY, JUNE 17, 1935
Commerce and Finance
LOCAL DOLLAR UNCHANGED
Silver Prices Rise
The local dollar is steady, open- morning at ing on demand this
rose 1/16. spot | being quoted at 32s and forward fat 332
Silver prices
The London on New York cross-
at 5- rate remained steady US$94 while the New York on London cross-rate nas
CANADA'S WHEAT STOCKS
Wonderful Storage System
COUNTRYWIDE USE OF “ELEVATORS?
Ottawa.
As' might be expected in ountry famous the world over or its wheat, Canada has
&
ES-
For her mod Kerri S.$4.94, as compared with fablished 2 large and efficient
tamata Tec
Cum cumple pant and Faxed Depouts S$4.94 prevratak toe were women weretur personata at IvaIME
{wheib nut to granted an application.
A. BREARLEY,
Manager.
Hong Kong, 1st January, 1935.
THE BANK OF CANTON, LTD.
Established 1912
Head Offer:-Hong Kong.
Authorised Capital ........... $11,000,000 | Paid-up Capital Total Resources
for hire.
8,55,DU 32.170,492
LOOK POONG SILAN,
SILVER COINAGE WITHDRAWAL
Paper Notes To Be Used In Italy
→CHINA MAIL ~ SPECIAL
cover.
Rome, To-day.
2
train storage organisation. The only countries which produce; more wheat than Canada in normal year are the USSR. and he United States, "while for nany years Canada has been, on) average, the world's retuler wheat-exporting nation
In order to keep the golden tream of wheat flowing to mari rets of the world, it is necessary o provide facilities for keeping imple supplies ready for order, These have beca steadily added to in the years since Canada be came important as a wheat pro focer, until to-day without rival anywhere in
they are
the!
be
The Italian Government Gazette Branches: Canton. Toishan, Shanghai yesterday published a decree em Hazkow, Bangkok & San Francisco. London Bankers: Lloyds Bank, Lid, Powering the Finance Minister to Foreign Exchange and Banking withdraw all silver coinage from business of every description trans-circulation and to replace it with acted.
notes. The silver thus world paper Current Accounts opened and Fixed withdrawn from circulation is to
Grain Elevators” Deposits received for one year or shorter periods at rates which will be be used to strengthen the note:
The storehouses in which quoted on application.
wheat is kept in Canada are call- Safe Deposit Boxes (various sizes). The decree does not state by
what date the silver now circulated "evelators" because an essen- tial part of each storehouse is a Chief Managering must be delivered up in c
but heavy system by which wheat can change for notes.
"elevatedTM to
the a point in dis. penalties are imposed for
building where the separate regard or evasion of the by-laws
kinds and grades of wheat can the Financ promulgated by
be conveyed to separate hins Us Minister-Trans-Ocean Service.
ually the wheat is elevated by mears of belt or bucket, chains orj conveyors to the top of the building, and is then allowed to fall by gravity down a suitable] tube to the correct bin.
The usual construction of a trali elevator is that of a tall, and narrow building, consisting of a series of tall, narrow bins and the necessary "elevating"
SAFETY FIRST?
To Safeguard Your Valuables and Jewelleries.
Deposit them in : Vablt
that is really FIRE-PROOF BURGLAR-PROOF
DAMP PROOF! ..
OUR SAFE DEPOSIT VAULT located on the Mezzanine Floor of Our New building is. Specially Con- structed to provide all of these 'Im- portant Qualities.
You may obtain a Safe Deposit Box in this most up-to-date Vault for your own the at a very moderate Een-İ
Inspection Cordially Invited THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeux Road, Central
THE
RUSSO-ITALIAN TRADE TREATY
Guarantee Paci Initialed
**CHINA MAIL" SPECIAL
Rome, To-day-
A guarantee agreement to fa apparatus, grouped under the oce the roof. The Western prairie is cilitate Italian exports to Soviet Union has been signed dotted with such buildings, per- here by Signor Mussolini, the haps 25 feet square and 50 feet, Russian Ambassador, and the high, with a square tower or tur- Russian Trade Councillor of the rest on top indeed, such build-' ings form the architectural motif, Soviet Embassy.
of the wheat plains.
!
The treaty is supplementary to
All Over Country the trade agreement already ex- isting between the two countries. Altogether, scattered through greathe three prairie. provinces of exports. -
Western Canada, there are appro-t
in Les AMERICAN EXPRESS COMPANY, and is expected to give a
salad Fard Deprivate. Nesjneri var man your de nämtat qurricula in Lawas mad Surveige Currencies
on New vinric sull be gonted an appiwation,
Date Degumit Hazes Ta, Let,
KAN TONG PO
INC.
Head Office: 65, Broadway,
Claw? Ninger..
New York
Capital Surplus
Reserves
THE CHINA & SOUTH SEA BANK,
LIMITED
US $6,000,000.00 2,183,683.06 870,731.05
BRANCHES:
Milon
Simples You Pri Pr Palerio Flattenlan Home Sherchai Satharpines
(Incorporated in China)
Head Office
...Shanghai
Antwery Albem Andro
from The Buzion Havama Macier
Capital
.$7,500,000.00
Berlin
Reserve
-$1,500,000,00
Batang
Ben Išramarin Cairo Codrutta Car Coleta Copenhagen Darlin Edinburgh Yunoc Getes
Нови Bidwe Interlaken Jam Llom Livergent Lucian Tag
Surveill Monte Cario
**
Munich
Singapete
Taormina Virmo Venier Yokotas Zurich
"
Tet. DAT
.. Thes
Branches ...All Important ·Cities
in, China
Forin Exchange and General
Bunjom ratasted.
Current and Saving Accomte opened ami Final Deponata - pomitud for one gene or abantur pericula ?
az ruter which awill be gorted on applicatına
SOU Z CHANG,
Managme
HONG KONG BRANCH: 26-D Torus Rawd, Central.
Monnere's Offer,
finurrad Aer
Candier's Off
Foreign Exchange. Dej
THE YOKOHAMA SPECIE BANK
LIMITED;
Established-1880.
Motrux
Branches of American Express Company in Principal cities of United States of America and Canada,
All classes of Commercial Banking Transactions undertaken.
Personal investment handled..
accounts
The Company offers to intending Travelers the use of its Izvellers! Cheques" and Letters of Credit and Capital (fall paid-up) Yen. 100,000,000 in
addition, the world-wide services Beserve Fund Yen. 125,800,000 its thoroughly equipped Travel
Department
Head Office:-YOKOHAMA
Branchez and Agencies at:
9 Alexandria
Batavia
Berlin Bombay
Calcutta
Capton
Dairen (Dalny)
Nagasaki
Nagoya
Osaka
New York
Peiping Rangoon Fengtien (Mukden) Rio de Janeiro
Hamburg Hankow
Harbin
Hong Kong
Honolulu
Hsinking,
Karachi
Kobe
London
Los Angeles
Manila
Mon
San Francisco
Seattle
Semarang Shanghai
·Singapore Soumbaya
Sydney
Tientsin Tokyo
E. W. DUGGAN,
Manager.
THE WING ON BANK
LIMITED
Head Offer: Fong Kong 26. Der Voeux Road Central. Authorized Capital $10,000,000
LONDON BANKERS: Westminster Band, Ltd.- Foreign Exchange and every des- cription of
panoding business transact-
Current Accounts and Savings Ac [county": opened, Fixed Deposits, re
ceived at rates which will be quoted on application. Special rates given
Trusteeship and Executorship un
rtaken. Safe Deposit Boxes for
Interent allowed for Current Ar- for Special deposits.
Jest Deposits recei
at rates to be obtai
Hong Kong 11th
SHU FONG
impetus to Italian Trans-Ocean Service.
RAW RUBBER PRICES
Latest Quotations From
Singapore
Messrs. H. B. Joseph & Co. have received the following Straits Currency quotations from Singa pore for Raw Rabber.
cimately 5,700 of these "country" alerators," their capacity being 192.750.000 bushels.
or
Another group of elevators; much larger, are situated at the terminals
which ports to wheat is shipped to be exported abroad. There are 47 sach-“ter-" minal elevators,” of which 12' are at Vancouver, 34 at the head of the Great Lakes CFort William' and Port Arthur), and one at Churchill. The total capacity of these "terminal elevators” is about 117,000,000 bushels. Scattered along the
Lower, Lakes of the St. Lawrence River, system, on the river itself and Upon the Atlantic seaboard, there,
are 29 additional large storage elevators with 2 capacity of over 76,000,000 bushels.-Reuter.
Spot 20% Up % 20% s. July-September 21% Up 1% be
213.
October-December 22% Up
b. 224 s January-March 23
287/2 $ Market:Quiet.
THE
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED
(Incorporated in China)
Capital paid up ... $5,000,000.
Beserves
$7,300,000. Capital Savings Dept. $500,000. Reserve Savings Dept. $600,000.
Head-Office-Shanghai)
A Bank having as its mission the industrial development of China and the fostering of her
abroad. commercial relatione Hong Kong Office.
7. Ice House St Phone 31481-2-3
Is It Insured?
* naurence***AR: Classes LOWEST RATES American Astate Underwriters
Bedne, USA;
General Agents
SAFER FLYING IN CANADA
Remarkable Figures Published
Ottawa
When you fly as a passenger in 3 Canadian
your aeroplane, chance of a fatal accident is one in every 2165,879 ziles flown.
This remarkable record of safety is disclosed in a report by the Ciril Aviation Branch of the Canadian Department of 2ĩa- tional Defence
In 1934 Canadian aircraft flew 6,497,637 miles in 75,871 flying hours. During that period 12 persons were killed and nine in- jured. The killed included thres passengers, four pilots, three other crew members, and two by- standers.
LOCAL SHARES
TO-DAY'S QUOTATIONS
The following is the list of local share. quotations issued to-day
Office Fatal accidents in the air last year were 13 less than in 1966, although nearly 2,000,000 more miles were down? so that fring
tter safer and safer be
Beild
Banks
H.A. Bank $1,020 33. H.K. Bank (London) 41214 DI Chartered Bank £14% 12. Mercantile Bank A. & F. $134
Mercantile Bank C. #131⁄21⁄2 - Bank of East Asia $81 m.
Ain. O. Finance Corp. China O Fin. Ord, Sh. China O. Fin. Pref. Sh
Insurances
Canton Ins. $203. Union Ins. $34731⁄2 33...; China Underwriters 60 cts..- China Fire Ins. $382 n. H.K. Fire Ins. $200 n. International Assce. $4 r.
Shipping
Douglases $36 1. H.K. Steamboats. $4 n. Indo Chinas (Pref.). $30 mi Indo-Chinas (Def.), $33 n. Shell (Bearer) $71/10 now!' Union Waterbosts $IK1⁄4 2
Mining
Antamoks 71 cts. n- Malatoes $34. 1. Baguio Gold 21 cts. ni Benguet Consolidated $10 b. Benguet Exploration 10 cts. n. Benguet Goldfield $10 n. Big Wedge 8 cts.
Gold Creek 30 ́ets. 2. Gold River 5 cta. 1. Ipo Mining 90 ets. *. Itogons $1 cts. I Salacots 12 cts. I Kailan Mining Ad. 15/- 1. Langkats (Single) Sh. $14 h. Shai Exploration Sh. $4 ¤. Shai Loans Sh. $5% n. Raubs. $5.15 1. Venz: Goldfield $5 1.
Docks, etc.
H. K. and K Wharves $81.
Gum. rts.
HK and K Wharres ex right
80 s.
H-K. and K. Wharves right $1%
HK and W. Docks $9 The Providents (old) 85 cts. n. Providents (new) 20 cts. D- Hong Kew Sh. $240 n. New Engineering Sh. $4 n- Shai Docks Sh. $90 a. Cotton Mills.. Ewo Cottons Sh. $8 n. Shanghai Cotton (old) Sh
$66 n
Shanghai Cotton (new) $41%
ཐ
Zoong Sings Sh. 384 n. Wing On Textiles, Sh. $55 -
Lands, Hotels, etc. H.K. and S. Hotels $4.35 n HK Lands $33 m. HK Lands 4% Debentures:
100% b.
Shanghai Lands, Sh. $201⁄2 1 Metropolitan Lands Sh. $10 Humphreys $8 .
R.K. Realties $4 n. Asia Realties “A”, Shi Asia Realties "B", Sh. Chinese Estates $90 n- China Realties Sh. $4. China Debentures $123 3 Public Utilities
H.K. Tramways $13 sa Peak Trams (old) $7% n Peak Trams (new) $5% - Star Ferries $77 n. Yaumati Ferries $171⁄2 ex. div.
2
C. Lights $3.50 b
H K Electrics $57 n. Macao Electrics $231⁄2 n. Sandakan Light $5 s. Telephones (old) $20.10 m. Telephones (new): $83% n. China Buses Sh. 11 .. Singapore Traction 10/6 b Singapore Pref. 22/6.b.
Industrials
T
Malabon Sugar $81⁄2 n." Cald: Macg. (Ord), Sh. $19
Cald: Macg. (Pref), Sh. $13 Canton Ices $1.80 n. Cements $5% n. Converted. H.K. Ropes $21.
Stores, etc Dairy Farms $14% n Watson $3 a Lane, Crawfords $232 Mackintosh $91. Sincerea $8 n Wm. Powells, 70 cts. n. Wing On (HK)) $100
Miscellaneous HK Amusements $1.85 m Entertainments. $6.40 n. S. C Enterprises: $135 m. Macao Greyhounds” $2. n. Constructions: (old) $140 Constructions (new) .45 cts. Vibro Piling $5 1... Ch. Govt. 5% 1925. Gazds.
EK
CANADA'S MOTOR INDUSTRY
Hong Kong A Good Customer
LAST YEAR'S EXPORTS TOTAL $34,400
Ottawa.
LEOPARD ATTACKS B.B.C. ENGINEER
Leg Badly Clawed
WHILE FIXING MICROPHONE
AT THE ZOO :
Belfast
Mr. Thomas H. Holines, aged
The production of Canada's 26, a BBC. engineer, was badly automobile manufacturing indos manled by a leopard at the Belle. try in 1934 was valued at $76 Vue Zoo, Belfast, recently when 133,000 ($15,227.000)-the high-be was placing a microphone in. est value reported by this indus- position opposite the cage for a` try since 1990:
children's broadcast...
About 62 per cent of the 1934
Be struggled desperately to output, or 12271 motor-cars, was escape from the leopard, which absorbed by the Canadian mar-caught him by the coat and tried ket, while 38 per cent or 44.581 to draw him into the cage. He cars: was exported. The export fell beside the cage, and the leo- shipments included $2,$23 paspard clawed his right leg. senger cars, including chassis, He was removed to the Royal and 11,758 tracks. Exports gain-Victoria Hospital suffering from ed no less than 97 per cent over a lacerated leg and shock. The the previous year.
broadcast from the Zoo took place The total automobile produc-in the afternoon, and Mr. Holmes, tion amounted to 116852 cars from his sick bed, heard the compared with only 5.852 in broadcast with other patients.
The leopard is the largest and of Canada's motor car ferest of seven at the Zoo. -
1933.
Most exports go to countries in the Eritish Empire and Hong Kong is an important customer. In 1934, for instance, Canada sold Hong Kong 205 passenger cars worth $113,000 (522,600). 140 trucks worth $59,000 (11,800) and 342 automobile parts -- a
ANCIENT TREASURES IN CHINA
grand total of $172,000 (34,400). Wine Jugs and Cups
-Reater.
JADE INDUSTRY IN CHINA
Appeal For Duty To Be Abolished
Found
Work on the construction of the canal leading from the Huai River. to the sea is bringing to light. an- cient treasures.
Recently, it is workmen
came
now reported, to caches near- Erhkanbo and Wutusti in which Jade industry leaders in the they found
DETOUS wine-jugs body to and wine-cups. The characters on country have formed a petition the Ministry of Finance them "reveal them to belong to the
to abolish the export duty on jade Sung Dynasty. in order to assist the industry dur- ing the present slump 'in trade.
The petition explains the facts as being the high cost of the jade.] the time taken to have the pieces polished and carved, and the final} difficulty in the high export duty imposed.
LARGE INCREASE IN SUICIDES
Becoming “Popular” In China
Suicide is becoming popular in China as a means of gaining free- dom from the cares and troubles of this life!
According to the figures publish ed by the Central China · Dažy News, the number of suicides in the six leading cities in this coun- try during the mouth of March were, Shanghai, 74 men and 1:40 women; Xanking, 40 men and 31 women: Peiping, 78 men and 58 women; Tsingtao, 72 men and 39 women; Hangchow, 74 men and 15 women; and Hankow. 53 men and $53 women
Most of those who committed self-murder were still under thirty sons for taking their lives seem to years of age and their chief rea- have been fingrafal diffenlfies, un- employment, unhappy love affairs. and domestic "troubles.
PRIESTS AS DRUG ADDICTS
Lamas In Peiping Arrested
The anti-drug campaign in Pef | ping embraced ecclesiastical circles. when a number of Lämas and a Buddhist priest were arrested last month on charges of either being addicts, or dealing in forbidden drugs.
The Lamas arrested belonged to the great Lama. Temple in the North City, a great favourite of Isight-seeing visitors to Felping
The police searched the pre- mises, and in addition to finding groups of priests chanting their sutras, acolytes repairing and re decorating the buildings, a number of the Lamas were found to be smoking herein.
They are at present detained by the Bureau of Public Safety.
The Lord Mayor of London is to receive an additional £2,500; bring- ing his allowance up to £12,500 a
4% Loan - 54% year. Every Lord Mayor, has
spend a considerable sum from his 152% private purse, and the extra
nce is due to the growing the Mayorally
LOW PRICES FOR EGGS
Forced Down By Heavy Supplies
Fresh country eggs were selling in Weardale, Durham, recently at 62. a dozen, the lowest price since before the war. Supplies are so heavy that the price may go lower still In Yorkshire the price was 88 and in Cheshire markets 9
Freshly killed wild rabbits sold at Melton Mowbray recently at 6d per couple, the lowest price on re- cord.
BEN
TRUMAN
PALE ALE
PALE ALE
Fresh Shipment Just
Arrived.
THE WING ON
CO. LTD.
Deg