BANKS
HONG KONG AND SHANGHAF
BANKING CORPORATION
Authorised Capital
$50,000,000)
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.“
Issued and Fully Paid-up 20,000,000 Incorporated by Royal Charter, 1853.
Reserve Fundko--
*Sterline... £6,500,000
Shver
$10,000.000
Reserve Liability of Pro-
prietor
HEAD OFFICE HONG KÒNG.
DOARD OF DIRECTORS.
5. H. Dodwel, Eng.
Chairman.
HEAD OFFICE: LONDON
Paid-up Capital
20,000,000
Reserve Fund
ES.000,003 £:£3,000,000
Eeserve Liability of Pro--
prietors
,000,000
Agencies and Branches:
Alor Star
Deta
Amritune
Ipoh -
*Bangkok
Karachi
Bombay
Ang Robe
Seremban
Yampar
Cawapre
Loebing
Compton Esq.
Coba ****
Коль
Hon M JL. Paterson,
Dribi Haiphong
Medan
Tongka
New Tack
(Bhabur)
(Poking) PRERE
CC Faight. Eng.
Deputy Chairman...
T. M. Grayburn, Esq.
Chief Xanager.
W. E. Bell, Esq., K. S. Morrison Esq,Cantou A
M. T. Johnson, Esq., Colombo.
G. Miskin, Esq., T. E Pearce, Egy
BRANCHES
BANGFOX
LONDON FOXN SIALLOCA
BATAVIA.
BONBILT
CALCUTTA
CANTON
CHEFOO
COLORO
DAIRES TOUCHOW
HMONG
HOW HARMIN HOWLET
ILOILO
POK
JOHORE
XO8X
FOWLOUN
MANILA
CAR/Tenor); MUKDEN NEW YORK PRIPING FEXING
LANGOON
SAIGON
SAN FRANCISCO-
KUALA LUMPUR
SHANGHA
SINGAPORE
SOURABATA
SERGEI PATANI TIENTSIN
TOXTO
TRINGTAO YOKCHAMA
Carrot Arcata opened in Local Currency ADC Find Deponita momized for one your or sheer prestum in Loral Company and Sterling 60-seat will be quoted on application.
Hong Kong, 6th April, 1935.
*
Hankow Barbik Hong Song
Kasabaye Taiping
Talagas Tokobame Zamboang 2. Formiga Exchange sad Genwa), Backing sudinem
Zaxed
Commerce and
Finance
LOCAL DOLLAR
STEADY
Silver Prices Rise
The local dollar-is, uncha opening on demand this morning at 2/235
Silver prices, however, rose spot being quoted at 314 and for ward at 31
The London on New York cross rate was quoted at US$49% as compared with £ US$4943 while the New York on Lon con cross-rate was quoted at £ US $4.944, as compared with
Cament Accounts opened and Fined Depot received for one your or shorter periodu sé. zero- |£-US$19. which will be quoted,, on application...
A. BREARLEY,
Manager Hong Kong, 1st January, 1996.
THE BANK OF CANTON, LTD.
Established 1912.
Head Office:Hong Kong.
Authorised Capital
Paid-up Capital
Total Resources
:
$11,000,000 8,655,000 32,170,492
Branches: Canton, Toïshan, Su nghai.
Hankow, Bangkok & San Francisco.
HONG KONG SAVINGS BANK acted.
The Bane of the show Baik in conduct
ed by a 11NG KONG AND SHANGHAI BANKING CORPORATION. „ Rain-pay be ablamed, un appuistoksen
FOREÔNG KONG AND SHANGHAI BANKING CORPORATION
T. M. GRAYBLES,
Chief Manage.
Bagong, th Primary, 1285
THE BANK OF EAST ASIA, LTD.
Authorised Capital
Taid-up Capita
$14,000,000,
GDYN
Reverte and Cadiendus Pres✡90,100,00
HEAD OFFICE-HONG KONG
Da Tour Head Costea.
BOSED OF DIRECTORS A
• Siboron Com, C'animman, Lion Chak D. P. K. F. Esq. Wang Tun Tong, Exq. Chan Ching hek Fan SADE, E Kong Cao on. Eng, and Kan Tie
Ta Ext.
Astreve
Kap Zone To. Eng. The Manager. Lise Food F
BRANCITES AND AGENCIES:-
Hania
ל
BERLIN STOCK MARKET
Friendly Trend Again In Evidence
*CHINA MAIL" SPECIAL
Berlin, To-day.. Yesterday's share market London Bankers: Lloyds Bank Ltd was marked by the continuance
Foreign Exchange and Banking| business of every description trans-of last week's friendly tone, prices being firmer, though the Current Accounts opened and Fixed volume of business was rela- Deposits received for one year *itively small. Fixed interest se shorter periods at rates which wat be
curities, on the contrary, were quoted on application.
Safe Deposit Boxes (various sizes) very dull. the tendency being erratic. Call money was at 234,
Trans-Ocean Service.
for hire.
LOOK POONG SHAN,
Chief Manager
SAFETY FIRST!
To Safeguard. Your Valuables and Jewelleries
Deposit them in a Vankt
that is really: FIRE-PROOF
BURGLAR-PROOF DAMP-PROOF!
NEW YORK STOCK EXCHANGE
July 2
The following quotations were re- ceived by Beater:-
OUR SAFE DEPOSIT VAULT located on the Mezzanine Floor of Our New building is Specially Con-XY Rubber
July stracted to provide all of these, Im- portant Qualities
September
You may obtain a Safe Depositia Wheat July: 84% Box in this most up-to-date Vault for C. Corn July
#13
your own use at a very moderate Rea-W. Wheit July 81% Market closed
Inspection Cordially Invited. THE NATIONAL COMMERCIAL
Batavia
Maturae
tal.
Tambay
Sagan
Caiests Cantoo
Haiphone Kanker Honda'u Kob Kowloon Loader
New York.
Paris
Sharp Ningapore
Sourabaya
VILICONE sydney
PA
Tabou
Hangon
Tamara
Sat Frances
Vanemater Yokcharna
"Every, description of Banking and Exchange.
* & SAVINGS BANK, LTD.
Corner of Ice House Street and Des Voeux Road, Central
THE
LOCAL SHARES
TO-DAYS QUOTATIONS
The following is Bit of local share quotations issued to day:
Banks
HE Brk 105 nam FK Bank (London) £124 n- Chartered Bank £14% no- Mercantile Bank &
Mercantile Bank C £13 Bank of East Asiz $81 m2
Insurations
Canton Ins. $205 11. Union Ins -$960 b. China Underwriters 40 cts. Ching Fire Ins. $38° z HK Fire Ins. $200 International Assoc. șă n
Shipping
Douglases $36 m2* HK. Steamboats $4 n. Indo-Chinas (Fref), $30 n Indo-Chinas (Def), $12 1. Shell (Bearer) $71-8 m. Union Waterboats *0% n
Minding Antamoks 70 cts. n. ex div. Balatoes $18 1
Baguio Gold 21 ́cts. b. Benguet Consolidated $105 1. Benguet Exploration 10 cts. "Zie Benguet Goldfield $10
'Big Wedge 8 cts. Gold Creek 30 cts. n.. Gold River 5 cts. - Ipo Mining 90 cbs. D. Itogons 32 els nom Salarots 12 cts, 1. Kallan Mining Ad 14/9 Langle's (Single) Sk. $14 m Shai Exploration Sh. $416 n S'hai. Loans Sh. $574 1. Raube $5.90 TL Vent: Goldfield $230 n.
Docks, etc.
HK and K. Wharves" (old) "$77
OPPOSITION
TO POOSEVELT
TION
RE
"DEA
PROVISION
NICE
The House
during
NEW YORK STOCK MARKET
Utility Holding Co. Legislation
ENCOURAGING RESULT OF
VOTE ON BILL
In their market repart Messrs S. E. Levy and Company, Corres- pondents for Messrs. White Weld ves and Company, New York, state
abol-
BANKING
CONTROL IN
AMERICA
Revised Draft Bill Under Consideration
OPEN MARKER COMMITTEE TO SUPERWISE POLICY
Washington. To-day. Drastically revised from the
Stocks: The result of the vote form in which it was passed by on the Utility Holding Company the House, but retaining con- Bis greatly encouraging and trol of the credit of the nation has already caused a rise in prices in the majority, the Federal Re- in San Francisco. We consider serve Board Barking Bil has the House of Representatives ad-been reported in the Senate to verse vote on the Bill as a very the Bank Committee by the bullish factor-
Business done: Glass Sub-Committee.
Under the revised draft credit 680,000 shares
"Grains: Speculative and Euro-control would be placed in an open House The House is now going pean buying, so far, is negligible, market committee composed of
members of the Federal Re Board and five representa ahead with a modified version of but we think that with increasing rast damage apprehension in the the Utilities I
of the 12 Reserve Banks-at esent the 12 Reserve Bank Contrary to the wishes of the Spring wheat territory, purchases President, the fight over the of grains on moderate setbacks are
Total sales: Wheat: Governors form the open market "death sentance provision wi-advisable.
Reserve Board, of seven members,
It is significant the strength dent's present
the
be transferred to a Conference 42077,000 bushels: Corn: 10,436,-committee while a new Fede Committee, to adjust the dif000 bushels
"Cotton Trading was of a pro-known as the Board of Governors, ferences between the Senate and the House. The Conference Com-fessional character. October was would be appointed for a 14-year
The open market, committee mittee may reject or retain the the most active month and was terra.
relatively strong in sympathy with provisionRenter
the firmness of July and the late-authorised to initiate policies.
garding the buying and selling of ness of the erop.
the Government securities, discount
U.S. LABOUR BOARD EXTENSION
Rubber The Trade was best buyer. Speculators are ex-rates and reserve requirements.
but as under the existing law it {pected to enter the market in Washington, To-day President large way when they realise the would not be mandatory upon the Roosevelt has issued executive or continuous improvement in the Reserve Banks, contrary to the ders extending the life of the Na fundamental situation. We favour House of Representatives version. tional Labour Relations Board matil lan accumulation of holdings.
AN AMENDMENT- „Angust-1- and continning bide-Total sales: 79 lots. *
COMMODITY PRICES
finitely the Steel and Textile Bels- Flash: Steel mill activity during Under an amendment to the tions Boards, all of which were due the past week is estimated at 328 National Bank Law the National to expire yesterday. Reuter. per cent of capacity, against 37.7 Banks would be permitted to un
per cent. the previous week.
derwrite and sell secrzities", with The following telegram was re-limitations. The Banks could not ceived last night:-
underwrite any one issue for more Weather conditions in the Grain than 20 per cent or more than Belts are mostly unfavourable. $100,000 therent, whichever was
any. Consumers supplies of wheat and the larger. In respect of four are reported to be low
|zzare issues the underwriting could not exceed at any time 10 per cent of the bank's capital
EK. and K Wharves (new) $75/Jnly
II.
Cotton Mills
The following quotations have been received by Reuter. W
Prev. Yesterday Closing Closing
11.83 1153 11.51 $12.50
1137 11.49
11.50
·∙1254 11.51 11:59- 1155 1215
Latest Quotations
The following quotations were stock and 10 per cent of its m
impaired surplus. received by Beuter:-
Prev. To-day's The bank's aggregate under- close writings could not exceed at any
time 200 per cent of its capital stock and 200 per cent of its sur 11:51 plus. No bank or banker, under Federal or State supervision would be subject to the Habilities: S75 posed by the Securities Act.
New York,Cotton:~~~-~~-
Last
-
Oct
·10.20 <liose XX/London 4943 4944 49474 NY. Cotton
July
11.83.
11.50 1177 11.50 1144. 11.48
12.48b 12.48 12.54 12.59 12.63 12:393
8574
11.00
October
H.K. and W. Docks $671⁄2 al. Providents (old)-85 cts: n Providents (new) 20 cts. n. Hong Kew Sh. $240 m New Engineering Sh. $4... Shai Docks Sh. $90 n.
December
January (1936) March
11.52 -
close
May
Spot
12.25
XY./London Cross-tzte NYCostonas
New York Rubber
4.94%
11.50
4545
Rabb
July
12.48
12.42
Sept
STOCKS:
Ewo Cottons Sh. $8 2.
September
12.59
12.57
Chicago Wheat
Amer Smelting 424"
Con Gas NY. 255
Sh. December
12.82 12.77
25%
26
Elec Bd. & Sh. T1⁄2 - Gen Motors
324 Int. Tel & Tel 10% Loew's Inc.
32
January March
12.88
12:83
Sept Chicago Corn
854
Sip
13.03
13.00%
Montreal Silve
Mont. Ward 273 NY. Central 173 Stan. Ou X. 46%
*
10% 41
274
10%
IL
Chicago Wheat-
Dec
46
3334
Zoong: Sings Sh. $81⁄2 1. Wing On Textiles, Sh. $55, n.
Landis, Hotels, etc. HF. and S. Hotels $415 m.
H-K Lands $395 nom.
July
84%
September..
85%
December
ST7/8
30 Industrials
Chicago Com
20 Rails
20 Utilities
July
8134
81%
20 Bonds ...
761⁄2
95%
11 Commodity In-
Shanghai Lands Sh. $2014 n.
December Winnipeg. Wheat:- July Angust
673/4
67
41%
busid need. Loans railed on are AMERICAN EXPRESS COMPANY, US. Steel; -— 24
Bacaritzak
Current cousin obras in Loral Curveñas and Fixed Imposite reserved for one year abortos tome in Lon and Foreign Currencies
on bentre war wil be noted on "appin
Safe Deposit uses To Let
KAN TONG PO.
THE CHINA & SOUTH SEA BANK,
·AMITED
INC.
Head Office: 65, Broadway,
New York
US$6,000,000.00 2.183.632:06 870.731.05
Chief Basager.
Capital
Surplus Reserves
Amsterdam. Karwerp
Amcanon.
El-lin
Tombay
BRANCHES-
Gezon Gango The Engan Finauna Tamborg Harre Heideherg
MIJAD Fice
Displan Tiraeus Parin
(Incorporated in Chins) Head OnceShanghai
Capital $7,500,000.00
Reserve
......$1,500,000.00
Branches....All Important Cities
în China
General
"Foreign Exchange and
Brizo 19ntacted.
Banking
Current Saving Accounts opesand nad Vimed Depoise revised for one he or short periode at Tales Waib will be quoted on application,
SOU Z. CHANG.
Manager.
-Tel, 1965
HONG KONG KRANCHI: Be Dr Tongz Dead, Central. Hanger's Office
Foreign Exchange Dept.
General Mee
Cashier's Office
Linear
Beula
Interlaken
Jenter London Liverpool Lucerne
Poping Palermo Bottesdam Boo
Southampty- Singapore Teutain
DR. GOERDELER'S NEW POST
Law To Remain In Force Provisionally
**CHINA-MAILTM SPECIAL
Berdin To-day.
A law passed on November 5 appointing Dr. Goerdeler for mer Burgomaster of Leipzig, special Beich Commissioner for the supervision of prices and which expires on July 1 this will remain provisionally year, in force, it is officiallyan- nounced until a decision. con- cerning its prolongation, has Branches of American Express been made. Trans-Ocean Ser- Company in Principal cities of United Vice
Calen Cat Coo Cembe
·Copenhage Deblin Flisborgh Flarence Gener
Hailee
Xante, Cario Yapin
1 normiza
Kenien Tokohama
Munich. Zuerich
States of America, and Canada.
All classes of Commercial Manking Transactions undertaken.
THE YOKOHAMA SPECIE BANK Personal
· LIMITED.
Established 2860
handled.
investment.
The Company offers to intending Travellers the use of its "Travellers Cheques" and I atters of Credit and Capital (full paid-up) Yen 100,000,000 in addition, the world-wide services
Reserve Fund .....
Yen 125,800,000
Read OfficeYOKOHAMA
Brancher and Agencies at:
andzia
Nagasaki
New York Onaki
Batavia
Berlin
Bombay
Calcutta
Canton
Dairen (Dalny) Fangen (Mukden)
Hamburg Hankow Harbin
Hong Kong
of its thoroughly equipped Travel Department
EW. DUGGAN,
Mana
THE WING ON BANK
LIMITED.
Head Office: Bong Kong 26. Des Voeux Road Central Authorised: Capital: $10,000,000
LONDON BANKEES Westminster Band, Ltd:: Foreign Exchange and every cription of barking bad
Curent: Accommés, and
„VHIES
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED Lincorporated in China
Capital paid up $5,000,000.
Zeserves
$7,200,000 Capital Savings Dept. $500,000. Reserve Savings Dept. $600,000.
Head-Offee
A Bank having as its mission. the industrial development of
China and the fostering at her? Commercial
Is It Insured?
Shanghai Cotton (old)
$56
Shanghai Cotton (new) $414
HK Lands 4% Debentures September
100%
Metropolitan Lands Sh. $10 Humphreys $8744 33. H.K Realties 34 n Chinese- Existes $90 no China Realties: Sh: $4 m China Debentures $123-ni
Public Utilities
31%
Market 823% Zclosed
New York Sugar:-
July Sept.
HK Tramways $13 b., $18.10 Dec.
**
Peak Trams (old) $13⁄4 n. Peak Trams (new) $53⁄41⁄4 I
Star Ferries $TEK - Yanmati Ferries $17 n..
C. Lights $8.90 b. $8.90/9 se EK Electrics $575 hot Macao Electrics $2271⁄2 n. Sandakan Light $3% 5. Telephones (old) 20.90 Telephones (new) #8:20\n China Buses S1 111⁄21⁄21⁄2 2 Singapore Traction 10/6 b Singapore Pref. 22/5 h. Industrials Bu Malabon Sugar 581⁄2 1- Cald Matz. (Ord.), Sh. $19%
Cald: Marg (Pr«f.), Sh. $18 Canton Ices $1.80.
Cements $51⁄4ls HK Ropes $21
Stores, etc. Dairy Farms $14 b. Watson $5.10 bi Lane, Crawfords $232 m. Mackintosh ~71 Sincerer $8 m W Powe
DK) $100 m
No.1 No.3 No. 1 No.3] Con Con. Con Con] 238 237 2400 2.3
-242 239 245 241 247 239 249 241 Jan. (1936) 232n 214 233n 216 Maz
217 New York Sc= [July
September December
2.18
1301⁄2 131 153 132
$1325 1327
Montreal Silvers
July
September
December
20.25 $1.00 72.20
January
Market closed
Market
closed
NEW YORK RECEPTION
The aforementioned amendment was received enthusiastically in Dow Jones Averages
New York banking circies, where. 118.21 118.82 61 Pithe main source of wozy for the
20.37 3292.06 up 21.89 22:04 15 96.72 96.90. 18
56.69
Business Done: 680.000 shares.
BANKRUPTCY OF A SINGER
Earned £900 A Year Since 1932
LIABILITIES £4,759; ASSETS £27
past year has been the diminish- A up ing opportunities for profit.
reflection thereof is seen in the P bank stocks, which sharply ad- vanced on Saturday in anticipa- and held tion of such a measure
firm yest exceptio
The public examination was held in the London Bankruptcy Court recently of Frank Titterton, the singer, of Ashley-drive, Walton- on-Thames. His statement, angirs showed Habilities 4,759, 01 which £2495 are expected to ran and net assets
RAW RUBBER PRICES ME Tatter
Heaving the Latest Quotations From rank of
Singapore
Messrs HB. Joseph & Co. have received the f. following Strat Currency quotations from #Sing pore for Raw Rubber.
Buyers
Spot Judy/Sept 20
Oct/Dec. 21
TanMarch
Market: Easier
down
Sell
1$1,000 EGG FOR SALE
It Once Belonged To An Empress
engaged
£300 and
gone
Everything BUT YOUR
SAVINGS
RENT
FOOD
CLOTHING
the
HEAT
TAXES
SAVINGS
SAVE SOMETHING
NOW
UNDERWRITE SAVINGS BA
FOR THE FAR EAST