BANKS
HONG KONG AND SHANGHAI
BANKING CORPORATION
Authorised Capital ... $50,000,000
→
THE CHARTERED BANK OF
INDIA, AUSTRALIA & CHINA.“
Issued and Falls Paid-up 20,000,000 Jacorperated by Royal Charter, 1851 Reserve Funda
--
Sterling £ €500,000 Svez... $0,000,000 Reserve Liability of Pro-
prietors
-HEAD OFFICE HONG KONG,
BOARD OF DIRECTORS.
SH. Doda Eng.
C. C. Enieb Esq.
Deputy Chairma
V. M. Grybara. Esq.
Chirt Manager
HEAD OFFICE: LONDON
Paid-up Capita
haruchi
20,000,000 Reserve Fund
£3,000,000 £5,000,000
Reserve Liability of Pro-
prietors
£3,000,000
Agencies and Branches:
Alor Star
Iloйo
Įpah
Kangoda Saigons
·Bangkok
Semarang
Belavia.
Xane
Newnham
Shanghai
Bomber
Chicastra
Cat
Singapore Sitiawan+
Kuching
Zarurabaya
Con
Vadres
Talpine
Colomba
Treatsin
Delhi
Moder
Tongiab
Herphont-
New York
(huker)
Ramburg
Pritise
Tinglo
Hankow Hurbic
(Peking) Penang
Yokobazia
Zambong...
W. H. Bell, Esqű K. §. Morrison Easjcampers A. EL Compton Esq
M. T. Johnson, Esq Hon 31 J. J. Paterson.
G. Miskin, Esq. T. E Pearce, Esq.,
ANOT
BANGIOE
BATAVIA
BOMBAY
CALCETTA
CANTON
GETBROO
COLON BO
DAIRES
MAINONG
HANNRG
MANKIA
HAREN HONGKEW
ILOILO
P
BOHOEF
FORF
KOWLOON
BRANESTES:-
LUNDON
LTONS
MALACCA
MANILA
MTAE (Johor)
MURDEN
NEW YORK
PELPING
PESANG
BANGGOON
- SAIGON
SAN FRANCISCO
KUALA LUMPTE
SHANGHAI
SINGAPORR
SOCRABAYA
SUNGEI PATANI
TIENTSIN
TORTO
TSINGTAO YOKOHAMA
•Cummins munte opened in Local Coment? and Fized Tangproute, funered for our pet er -bound in Local Cormier and Sterling Oh will be quared on application.
Hong Kong, 6th April, 1935.
HONG KONG SAVINGS BANK
C
The Bum of the shove Bank in conduct
BONG KONG AND SHANGHAI we By the
BANKING CORPORATION Res may be estated a grave
PR THE SONG KONG AND SHANGHAI BANKING CORPORATION.
Hong Kong. Feirmary,
GRATETEN,
Chart Manager.
THE BANK OF EAST ASIA, LTD.
Authorised Capital, men Paid-up Capela
$20,000,000.00
... $.208,000,00
Baron and Tadivatres or 280,000,0
EEAD OFFIC ION
J. Des rex Porn
BOARD OF PERCARS --
See Sacomon Clin, Gorman,
La Roma. Chron. Esq. P. K. Bank Eng. Time Tuo Tone. E. Char Ching. Egian Sang. Eg Wong Chy No. E q, and Ema Tog Po. Eng.
-------
Faison Pn. Eng., Win! Yanarer. In The Foog. Eng. c.
Amor
Bazarin
Bozbey
Cairutta
Cannot
Haiphong Hanaow Honolulu
Kowloon London
BRANCHES AND AGENCILS
Masala
--ene Negaki
Prz
Tepung T
קל
ATATS
Shippi
• Štagaperu
*Surabaya
じ
Sydney
Iwainin
Τούτο
Francisco
Yokohama
Cahange
Every dription of Peaking sod buslarse tratama tel.
Hong Loan
__******
متنهمكة
THE CHINA MATE""""TRESDAY JULY
Commerce and
Finance
LOCAL DOLLAR
DECLINES
Silver Prices Fall
The local dollar has declined .opening on demand this morn- ing at 2/0%.
Silver prices also declined, spot- to 303/16, and forward 4 to 130... ·
The London en New York cross- rate was quoted at US$496,
as agains: £-US$1961⁄4%, while the New York
*London
ON
Formen Suchange and Gerral Banking business cross-rate was quoted at US Current Accounts oorost and Fixed Deposita $4.9634, as against £-U.S.54.9675-
aracted.
received for one year or dorter periods at quies | which will be quoted on unlientiem,
A. BREARLEY.
Manager. Hong Kong, 1st January, 1935.
THE BANK OF CANTON, LTD.
...Established 1912.
Head Office-Hong Kong.
Authorised Capital
Paid-up Capital Total Resources
EXCHANGES
TO-DAY'S QUOTATION
$11,000.000 On Shanghai- $,655,000 On demand 32170422 On Singapore-
On demand On Japan-
LOCAL SHARES
TODAY'S QUOTATIONS
1935
PROPOSED RAYON
FACTORY
Mulberry Branches As Raw Material
CANTON CHEMIST
SUCCESSFUL EXPERIMENT BY
Canton. To-day.
NEW YORK STOCK MARKET
Little Change Anticipated
ANG PALE
WHEAT HARVEST RETURNS
VERY POOR
NEW ADVERTISEMENTS
THE RAUB AUSTRALIAN GOLD MINING COMPANY LTD.
NOTICE
TOTICE IS HEREBY GIVEN
Nthat the Share Registers of
In their market report. Messrs-the Company will be closed from Having seen the experiment of S. E. Levy and Company, corres Saturday, 17th August, 1985, until The following is the list of local making rayon from mulberry pondents for Messrs."White Weld Wednesday, 28th August 1935,
branches by the Sericulture Im-and Company, New York, state-both days inclusive.
share quotations issued to-day:
Banks
HE. Bank $1045 b. and sa HK. Bank (London) £106 n Chartered Bank £13% n. Mercantile Bank A. and
$314 n-
Mercantile Bank C. 13 Bank of East Asia $7621⁄2 3.
Insurances
Canton Ins. $208 n. Baion-Ins. $370VIL
China Underwriters 10 cts, a' China Fire Ins. $382-m.
EK Fire Ins. $200 n. International Assce. $4 n.
Shipping
Douglases $36 m
H.K. Steamboats 34 Di
On London-
On T.T. and demand
4 months' sight Credits 4 months' sight
2/1-
Indo-Chinas (Pref), $30
2/2
136
Indo-Chinas (Def), $12 1. Shell (Bearer) ST1/10 1 Union Waterboats $1134 n..
Mining
Antamoks 71. cts. D.
$87%
Balatoes $18 ng "
Bagnio Gold 22 ets. m.
15
1374
51
Branches: Canton. Toishan. Shanghai Hankow, Bangkok & San Francisco. London Bankers: Lloyds Bank, Lad..
Foreign Exchange and Backing, business of every descriptios trans On India--
sectors
Current Accounts opened and Fixed Deposits received for one year of shorter periods at sites which will be quoted on application.
Safe Deposit Botes (various sizes) for hire.
LOOK POONG SHAN,"
Chief Manage
On demand
On T.T. and demand On New York-
Credits 60 days sight... 5316
On 'demand
On Batavia-
On demand demand
On Paris"
On demand
Credit 4 monts" sight
SAFETY FIRST !
On Saigon
On demand
To Safeguard Your Valuables and Jewelleries.
Deposit them in a Vanit
-
that is really:
FIRE-PROOF
BURGLAR-PROOF
· DAMP ~PROOF ↑
OUR SAFE DEPOSIT VAULT
On Manila.
On demand
On Bangkok-
734
10231
On demand
89
Sovereigns bank buying rate 2.1% Bar silver per oz.
30 3/16
located on the Jezzanine Floor ofar silver in Hong Kong ... nom Our New building is Specially Con- Copper cash structed to provide all of these In-Copper cents. portant Qualities.
may obtain a Safe Deposit Box in this most up-to-date Fault Lor Tour 697 use aLa very moderate Ken tal
Tnspection Cordially Türited. THE NATIONAL COMMERCIAL ́& SAVINGS BANK, LTD. Corner of Ice Enver Street and Des. Voeux Road, Central
THE
Los paned on apprend AMERICAN EXPRESS COMPANY,
Current Secalenta open-d in local' Curency mod and Drynameis Incited for one
aborter periodu in Loral med Foreign Curruncum da serte wherle mitä "be quoted on appúratio
Safe Deposit Frozen to Luz
· KANTONG "P0.
Chief Ma
Head Ofice
...Shanghai
Capitul
$7,500,000.00
Beve
.$1,500,000.00
THE CHINA & SOUTH SEA BANK,
LAIMITED
Incorporated in China)
Branches All Important Cities
in China,
Fariz Exchange and General Basking Baits and
Current und Saving Accosts opened and Fized Dopmitived dom v zeme ve shotzer penods |
i will be qusid oc application.
SOU Z. CHANG,
HONG KONG BRANCH,
21. De Voru Rond, Central
Foreign Exchange Dept.
Cashier's Ofer
„Tel. #st
Kanager's_ Outing
Geseral Offe
HAFN
ホン
THE YOKOHAMA SPECIE BANK
LIMITED.
Established 1880
Capital (full paid-up) Yen. 100,000,000 Reserve Fund Yen. 125,300,000
Head Office:-YOKOHAMA
Brancher and Agencies at:
Alexandria
Batavia
Berlin
Bombay
Calcutta
Canton
Dairen. (Dalny)
"Nagasaki
Nagoya . *
Osake
New York
Paris... Peiping Hangoon
Fengtien (Maiden) Rio de Janeiro Hamburg
Hankow Barbin
Hong Kong
Kobe
Esinking Karachi London Los Angelés Menila
Sa
Francisco Semarang Shanghai Singapore
Seattle
Sourabaya
Sydney
Yingkow
Interest allowed for Current de
Teposits received for fixed pe at rates to be obtained on appl
Hong Kong 11th Ma 1925.
DIC
Head Office: 55, Broadway. New York
Capital Surglas Reserves
пот
par.
3
pai
dis.
par.
Rate of native interest Chinese Sub Coin ...: $24 Hong Kong sub, coin
NEW YORK STOCK- EXCHANGE
Latest Quotations
Jnly 30.
The following quotations were re- ecived by Rester:--
provement Bureau, which turned
Stock: We anticipate little out a success. Chairman Lin Yuen-early change in the character of kai of the Kwangtung Provincial trading
contra-seasonal Govemment, called the director and business expansion continues to Bthe chemistry expert of the Bureau attract investment funds to the
on Saturday last for a discussion market. Business done: 1,750
Benguet Consolidated Si24 D. Benguet Exploration 12 cts. ne Benguet Goldfield 10 ets
Big Wedge & cts. Gold Creek 30 cts.
Gold River 5 cts. 1.- Ipo Mining 90 cta n.. Itoguns 36-cis, n.
Salacots 12 cts.
Kalan Mining Ad. 13/6 a Langkats (Single) Sh. $14 - 1. Shai Exploration Sh. $431⁄2 Shai Loans Sh. $54 n. Razbs $7.60 b. Tenz: Goldfield $2.30 n
Docks, etc. HK and K Wharves
$76 b HK and K Wharves
$74
as to the establishment of a fat-000 shares. “***
tory for the manufacture of rayon.
Wheat South-West harvest-
DERRICK & CO.,
Local Secretaries,
Singapore.
PUBLIC AUCTION
Undersigned have receiv-
According to the chemistry ex-ing returns are very poor and Ted instructions to sell by
pert, the fibre contained in mul prospects of a seriously reduced!
berry branches is plentiful and crop in the North-West suggest Public Auction strong and it is more economical that the American wheat mar
to use this newly found materialket may work irregularly and FRIDAY, the 2nd. AUGUST. 1935,
higher. Wel than to buy raw material from independently
commencing at 3 pm. foreign countries. A large section would advise buying on further At Godowe No. 4 of The China of the factory will be fitted out recessions and we would avoid Provident Loan and Mortgage Co.
Total sales: Ltd.. West Point- with home-made machines and only bulge buying
a small amount will be purchased 54.107.000 bushels Total sales from America-Central Press.
SLUM CLEARANCE IN LONDON
,
"
20 Bags Rubber Foot Wear
21 Cases Rubber Foot Wear
LAMMERT KROS,
Auctioneers- Hong Kong 30th July, 1935-
of corn. 10.453,000 bushels.
Cotton: The cotton marketi reflects the weakened technical Terms: Cash on Delivery
Trading is dull. Position
Government the jawaiting
Bureau, report and the decision with regard to the cotton loan.
Silk: The situation on the silk market has improved and the small stocks of finished goods on hands promise an ex-! tension of the advance in the The progress of the Govern-price of silk futures. Total sales ment's campaign for the sbelition 199 lots.
Expenditure Of £1,000,000
London, to-day-
of slums contines.
SANITARY BOARD MEETING
Hides: Offerings of actual Compulsory Inoculation
Of Dogs?
TO-DAY'S MOTION BY MR. M. K. LO
In the London area. following hides continue to be moderate conferences between the County and a good seasonal improve- Council and the Metropolitan ment in demand is indicated for Boroughs, it has been decided the near future. so that wel that the county will acquire and would accumulate on any reces- clear the larger condemned areas, sions. Outside demand is slow- forming satisfactory rehousing ly enlarging and we reiterate sites and boroughs, and will then our bullish views for this mar-Board this afternoon, a minute will deal with smaller areas,
At a meeting to-day the London
lket
%
At the meeting of the Sanitary
be, read by the President relative Flash: The Consolidated Gas to the departmental limewashing.
Mr. M. K. Lo, persvant to notice, County Council will consider seven Company of New York has de- (old) schemes for slum clearance. in-clared a dividend of 48 cents per will move:
H.K. and W. Docks $61⁄2 n Providents (old) 85 cts. Providents (new) 20 cts. D. · Hony Kew Sh $240 m New Engineering Sh. $4 n. Shanghai Docks Sh-$18 m
Cotton Mills
Exo Cottons Sh. $7 z- Shanghai Cotton (old)
$65 A
ilast year.
volving expenditure of nearly share for the quarter May-June-) "That this Board, being of the (new) £1000,000 and rehousing 6,000 July as compared to 41 cents opinion that mass or compulsory people-British Wireless Service for the corresponding quarter of inoculation of dogs is an effective means of eradicating rabies, do Steel Mill activity during the respectfully urge the Government COMMODITY PRICES past week is estimated at 44 per to take immediate steps to intro- cent of capacity compared with dace a system of compulsory ino- 42.2 per cent for the previous calation of all dogs in the Colony, |such inoculation to be done by the
Government free of charge."
Correspondence relative to the eating house Bcence at the whole. The following quotations were house of Nos. 262 and 264 and the received by Reuter-
ärst, second and third floors of No. Prev. To-day's|266, Shanghai Street, will be read
close
elosajand various applications for eating
Shanghai Cotton (new) $40 Zoong Sings Sh. 881⁄2 Wing On Textiles Sh. $25 r. Lands, Hotels, etc.
The following quotations have week... been received by Renter.
Prev. Yesterday Closing Closing
H.K. Lands 4% Debentures New York Rubber:
Latest Quotations
NY./London
Cross-Rate
4964 4.95 11.62 11.50 11825 1200
Chicago Whest Sept. 92% 92% Chicago Con Sept. 78
Dow Jones Averages
30 Industrials 125.27 126.56 129 up 3432 35.25: 93 ap
December
Sh2(New York Cotton:----
October
11.62 11.50 1148 11.37 January (1936), 1145 - 11.35 March
11.41 11.28
May
Last close X.Y./London 196 INY." Coston
Oct. Ms
...S.$6,000,000.00
| N.3. Rubber
Dec.
10.20 11.00 4.95% 4.26
11.62 12.59
- 11.59 11.36 11.40 11.09
12.03 12.20
FLA. and S. Hotels $3.30 sa H.K. Lands $31 n
July
¡Spot
11.26 11.26 11.31 .11.23 12.15
NT. Cotton Oct.
NY. Rubber Sept
12:05
77
100% L
-2
September
11.825
12.00a
12.22
Shanghai Lands Sh. $20 a. Metropolitan Lands Sh. $10
December
12:03
12:20
Montreal Silver Dec. 69.00 Silver Official
68.50
672
January
12.08
12:264
2,163,633.06
C. Wheat
Humphreys $8.10 8. -
March
12.26a
12.423
X870.731.05
Sept
92%
HE Realties $4 n.
¡May
12.544
20 Rails
Dec.
9474
95*4
Chinese Estates $88 ...
Chicago Wheat:—
20 Utilities
Amsterda interp
IN
China Realties Sh$4 n
(July
927%
92
Dec.
Athena -
The Bach
Napin
China Debentures. Sh.$123 a.
STOCKS
Pirner
Facia Berlin.
J'en
*
Amer Smelting 44
4444
Public Utilities
September December
92%
92%
9474
9339
tors
Con Gee N.Y. 26%%
27
H.5. Tramways $12-404 $122
May
96%
$5.
harg
4. Prisena
Elec Bond &
•
Share
મ
9
93
Chicago Cer:--
Ping
Calcurta Canne Colombe Corkagen Dublin Pichurgh Forace
irect Leon
shunchal
General Motors 3831
38
3834
Peak Trams (old) $74 n
July
3424
Southampte
-Int Tel & Tel 10-10
10
Peak Trams (new) $5
September
78
Nin ezpare ·
Timatin-
Loew's Inc
40
Star Ferries $76 ..
December
Lalate
Wan Carlo
Montgomery
Yaumati Ferries $17.60 n.
A for
May
17 647% 64 6T
663%
Ward
321
Takabana Zarich
NY. Central
18
2:9
29
C. Light $8.60 m.
Winnipeg Wheat:--
MOTEX
Standard Of
XJ.
July
46
4634
46
August
858 85% 85% 85%
423%
424
Gebers
⠀ BRANCHES:
www
*Twynina..
C. Corn Sept. 78
Branches of American Express US. Steel Company in Principal cities of United
States of Ameria and Canada.
܀
All classes of Commercial Banking: Transactions undertaken.
Personal handled.
investment
The Company offers to intending Travelers the use of its "Travelers Cheques" and Letters of Credit and in addition, the world-wide services of its thoroughly equipped Travel Department
Z W. DUGGAN...
Manager.
THE WING ON BANK LUTED.
Head Office: Hong Kong 26, "Des Toerr Road Central Authorised Capital $10,000,000
SALONDON BANKEESS
* Westminster Band. Lt. Foreign Exchange and every des cription of banking business transaÇİ- ed.
"819
$94
*14 324
THE
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED
(Incorporated in China) Capital paid up
Reserver
$5,000,000, $7.300,000 Capital Savings Dept. $500,000. Reserve Syringa Dept. $600,000. -Head Office Shanghai
A Bank having as its mission the industrial, development os China and the fostering of ber commercial relations abroad. Hong Kong Office
7, Ice House St. Phone: 31481-2-3.
Is It Insured?
Insurance--All® Classcă LOWEST RATES
Current Accounts and Savings Ac-American Asiatic Underwriters
counts opened. Fixed Deposits re-
ceived at rates which will be quoted, on application Special rates given for Special depolts.
steeship and Executorahiy dertaken Safe Deposit Boxes Sor
-SHU TONGA
Fil Inc, USA
General Agents
HF. Electric $57 ́n Macao Electrics $22341⁄2 n. Sandakan Light $3. 8. Telephones (old) $2134 8. Telephones. (new) $8.30 n. China Buses Sh. $114 n. Singapore Traction 10/6 b Singapore Pre£. 22/6 b.
Industrials Malabon Sugar $814 n. Cald: Macg (Ord), Sh. $191⁄2
Cald: Maeg. (Pret), Sh. $18 Canton Fees $1.80 z Cements $44 3. HK. Ropes $21.
Stores, etc Dairy Farms $15.80 s Watson $3.35 n, Lane Crawford $3 m. Mackintosh $7. Sinceres $4.70 1
Wm Powell's 70 ets.m Wing On (HK) $55
Miscellaneous >
F. K. Amusements $1.85 1. Entertainments 14 n SC Enterprisen $185 m. Macao "Greyhounds $2 n. Constructions (old) $110 Constructions (new). 50 ets. Vibro Filing H
Chi Govt: 6% 1525 G*Bds
90% n
HK. Govt 4% Loan 6729% prera.
Tre Wall
New York Sugar:-
¡Sept. Dec.
22.95 $23.28 33 up
40 Bonds ... 96.86 96.98 12 up
11 Commodity
Index ....
55.22
Business Tober-1,750,000 shares.
DANISH FARMERS
STAGE ORDERLY
DEMONSTRATIONS
(Continued from Page 1. }
FURTHER DELAY
No.1 No.3 No.1 No.3 The delegation then had half Con Con Con. Con. an hour's, conference with the
231 227 232 2.29 Premier, but subsequently "in-| 2.40 2.28 242 2,30 formed the crowd, which had Jan. (1936) 2.13 2.08 2.16n 2.08 patiently awaited developments, March
2.10 that the assurances given by the 215 Government were wisatisfactory, because they meant further delay in action.
2.08
May
2.13
New York Silk:- September December March
1.41
1.44
141
143
1.41% 143
Montreal Silver:— a July
September
December
Janitary
The assembly thereupon trusted the economic committee of the Farmers League with the task of taking the necessary measurez to win recognition of the farmers” demanda The crowd then dás- 68.80npersed in perfect discipline.
68.10 67.95 68.10 68.10 69.00
69.20n
63.50
Four of the leading political parties have meanwhile agreed on
RAW RUBBER PRICES the proposal that a duty be levied
Singapore
on all foreign com so as to raise Latest Quotations From the Danish corn. price above the world price level It remains to be seen whether this measure will Messis HB. Joseph & Co. have be regarded by the farmers as an received the following Straits Cure adequate answer to their de
mandafrana-Ocean Service: rency quotations from Singapore for Raw Bubber:
Spot 19% p 1⁄4 0., 19% 5. August-Se
b
ember - 20 rp
QUALITY
986)-20%
home licences will be considered.
An application will also be con- sidered for an offensive trade licence for cleansing sharks' fins at No. 19, Centre Street, third floor and root.
The remaining business will con- sist of the consideration of regu lar returnŐ..
Everything
gone.. BUT YOUR SAVINGS
RENT
FOOD
CLOTHING
HEAT
TAXES
WATER
CHITS
SAVINGS
SAVE SOMETHING
START NOW UNDERWRITERS
SAVINGS BANK FOR THE FAR EAST, NC
Asia Life Balag