BANKS
HONG KONG AND SHANGHAI
THE CHARTERED BANK OF
BANKING CORPORATION INDIA, AUSTRALIA & CHINA.
Authorised Capital ****** $50,004,000
Issued and Fully Paid-up
Reserve Funds
Sterling € 5,300,000 Silver
0.000.000
Reserve Liability of Pre-
prietors...
20,000,000) Incorporated by Royal Charter, 1855.
||$3,000,000
HEAD OFFICE: LONDON
Paid-up Capital 20,000,000 Reserve Fund
Eeserve Liability of Fro-
prietors
Agencies and Branches:
READ OFFICE HONG KONG,
BOARD OF DIRECTORS,
5. H. Dodmerth, Enf
Chairman
C. C. Knight, Exqu...
Deputy CharmNER,
T. 3. Geyburn, Kan.
Chief Mag
·Bangkok,
W. H. Bell, Esq., KL.S. Mozzison Esq. more A. H. Compton Esq
M
T. Johnson, Esq Hon Mr. J. J. Paterson.
G. Miskin, Esq., T. E. Pearce, Esq.
ANOT
BANGKOK
BATAVIA BOMBAY
CALCUTTA CANTON CHEFOO
COLON RO DAIREN
FOX FOT
HAMMERG HANKOW HARBIN
HONGKEW
ILOILO
IPOR
JOHORE
XORE
KORIDAN
Come
BRANCHEN:
LONDON LYONS
MALACIA
MAXILA
NTAR Gebore)
MURDEN
NEW YORK
PEIPING
PERANG
RANGOON
SAIGON
RAY FRANCISCO *.
KUALA LUMPUR
SHANGHAT
SINGAPORE
SOURABATA
KUNGET PATANI
TURTO
TSINGTAO YOKOHAMA
་
.
as, opened is Local Currency and Fixed Deposits Tunerand for one year or borbe in Loral Curry and: Someling ence top word will be word un application.
6th April, 1935.
Hong Kong t
HONG KONG SAVINGS BANK
The Busitres of the nhom Back in odact ed be the HONG KONG AND SHANGHAI BANKING CORPORATION, Hulme may be obtained on aspiration.
FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION,
YN. GRAYBURN,
Curd Manage
Bong Song, 12th Februnty,
Baila Ipoh
Karmeli
Kang
£3,000,000
THE CHINA MAIL: THURSDAY,
Commerce and
Finance
LOCAL DOLLAR -DECLINES
$3,000,000 Spot Silver Prices Firm
The local dollar dropped 25. opening on demand this morning at 12/04
Bangoon Faight Semarang
Seremban
Shanghai
Bateria
Been ba
Kobe
Calcutta Canton
Singapor
Lamper
victenwas
*
Korking
Dourada ya.
C
Madraa
Tripunt
Dell
Catombo
Masila
Titia
Madan
-Tackab
Haiphong-
New Yook
Hambert
Priping
Tringtao
Zamboanga
Harbin
Hong Lour
Prane
Forsiga Dachings sad General Banking dominos
| Covenacted.
Cuma Accecete opened and Red Deporte
zwired for one year or shorter perioda at "TION which wiữ be quoted on suplication.
A BREARLEY, “..
Manaren
Hong Kong, ist. January, 1935. -
THE BANK OF CANTON, LTD.
Established 1912
Head Office Hong Kong
Authorised Capital
Paid-up Capital
Total Resources ...
Spot silver was steady at 30-S/16| and forward dropped 1/16, being quoted at 30-3/16
The London an New York cross rate was quoted at
US$496
while
as against 5 US$95%, the New York on London rate, was £-U.S.$4.951⁄4, as comm pared with £ US$196.
EXCHANGES
TO-DAY'S QUOTATION
On London
Branches: Canton, Toishan, Shanghe On Indis Hunkow, Bangkok & San Francisco.
business of every description trans- acted
Current Accounts opened and Fixed Deposits recefred for one year or shorter periods at rates which will be quoted on application.
Safe Deposit Boxes (various sizes) for hire.
LOCAL SHARES
TO-DAY'S QUOTATIONS
The following is the list of local share quotations issued to day
Banks
H.K. Bank 31050 h, com div. HK Bank (London) £105
ex. div.
Chartered Bank 483⁄4 n.. Mercantile Bank A and
Mercantile Bank C. £131⁄2 1a
· Bank of East Asia $75ká n.
Insurances
Canton Ins $203 z. Union Ins. $370
China Underwriters 10 cts, vi China Fire Ina- $382 2. EE Fire Ins. $200 a. International Assce. $4 2
Shipping
Donglases $36. De
HK Steamboats. $4 2. Indo-Chinas (Pref), $50 - Indo-Chinas (Def), $12 n. Shell (Bearer) “$15/- 1. Union Waterboats $1134 m-
Mining
Benguet Consolidated $12.20 1. Benguet Exploration 12 cts. T. Benguet Goldfield 10.cts n. Big Wedge 8 cts. 75 Gold Creek 30 cts. a.
Gold River 5 cta. 1 Ipo Mining 90 cts. 2. Itogons 36 cm.
Salacots 12 cts. n.
WEEKLY MARKET
REPORT
General Cotton Tone Somewhat Firmer
-PRICES-MAINTAINED AT
STEADY LEVEL.
Messrs. James F. Hutton and
NEW YORK STOCK
MARKET
Irregularity In The Markets
RESULT OF FURTHER PROFIT-TAKING
NEW ADVERTISEMENTS
A
RIAL & COMMERCIAL
BANK INTD.
QUIDATION)
THIRD and FINAL DIVI- DEND is intended to be de-" clared in the matter of the Indus-
In their market report, Messrs trial & Commercial Bank Ltd. july 10: Co., Ltd, reported as follows cas. E. Levy and Company, cerres (In Liquidation).
Creditors who have not proved -- the principal factor of interest pondents for Mesara White Weld
and Company, New York, state their debt by the 30th day of this week has been the report Stocks: There was some fur-September, 1995, will be excluded issued by the Washington Dether profit-taking to-day which are from this dividend. partment of Agriculture on the
Proofs should be sent to the un- counted for the irregularity of the cotton acreage under cultivation markets. We are still of the dersigned at 6 Des Voeux Road B July 1. The total acreage had opinion that it will prove to be Central Hong Kong, on or before
been returned 229,166,000,
J. HENNESSEY SETH.
against 27,888.000 acres planted entually profitable to accumulate the 30th day of September, 1935. in 1934 Little reaction has been any setbacks. Business done: Dated the 7th August, 1935.
¡1,390,000 shares. [shown to these figures by - raw
“Wheat: Argentine crop news is jeottan values, although the xen unsatisfactory. Rast damage is cal tone has been rather firmer.reported to be well through Saskat
Favourable weather news from chewan and South-Western Cana- the growing centres, coupled with a, where weather conditions are
́S. HAMPDEN ROSS,
Joint Liquidators....
the bullish sentiment of outside dry. The crop in Alberta is late COMMODITY PRICES commodity markets, have also The technical position in Chicago) contributed to maintaining prices as much improved. Total sales:
The following quotations have at a steady, level. Only a
Wheat: 36,853,000 bushels. Corn: been received by Rexten derate general enquiry has been 11,030,000 bushels
Prev. Testerday dealt with, and most of this has
Closing Closing been for the purpose of keeping tered pre-Bureau report liquida New York Cottonci in touch with price movement-tion "Spot houses were moder-October. Buyers appear to be adopting &ate sellers of -October
"Cotton: There was some scat-
Con-July
cotton. December cautions policy but
11:25 at the moWeather conditions are perfect January (1936) to be little ¡ment there appears
"Rubber: The market was marMarch Incentive to act speculatively. row, sorely feeling the absence of May
Reduced Indian Enquiry
įspeculative participation. From India enquiry has been suming and statistical news is Spot on a much reduced scale and ac-good. Total sales: 191 lots
New York Rabbers--- - companied by few practicable of.
"Flash: Average daily produc-September fers Calcutta has bought a few tion of petroleum for the week December dhooties, prints and light whites, ending August 3 was estimated at January odd lines of medium mulls and 2,634.000 barrek compared with March fancies have been
by 2,735,000 barrels the
previous May (Continued on Page 7)
taken
Karachi and Madras and a quiet business has been done in dyed goods for Amritsar.
Latest Quotations
From the other markets, Bom-] bay has been rather more active, received by Rester
The following quotations were
but the turnover in general has
On T.T. and demand
4 months' sight
ཁཧ-
Credits 4 months' sight ... 2
On Shanghai
On demand
138
11.26
11.32 11.25
On Singapore—
1124
$11,000,000 On demand $655,000 On Japan- #32:170,492
88%
7118
1LIS
On demand
174%
Antamoks 76 cts- 32-
11.14
11.15
11.08
11.03.
Balatocs $18 n
11.95
1185
London Banken: Lloyds Bank, Lád.
Foreign
On T. and demand
1364
Baguio Gold 22. cts, a.
Exchange and Banking On New York.......
On demand
1216
11.93a
Credits 60 days" sight
514 5314
12.39 12.17
12:47 12.23
On Batavia---
12.60
12.38
On demand
༡...9
∙12.506
On Paris
Chicago Wheat:—
On demand
LOOK POONG SHAN,
Chief Manager) On Saigon---
Credits 4 months' sight
72% 8174
On demand
*
On Manila
Kailan Mining Ad. 12/6 n. Langkats (Single) Sh. $14 n
September December May
·90 923%
90%
9214
94
947%
On demand
1024
Armstvedam Antwerp
THE BANK OF EAST ASIA, LTD. AMERICAN EXPRESS COMPANY,
Authorised Capita Paid-up Capital
$7,000,000.06
--€ 5,784,800.00
Route and Tndivided. Proda -y-$ 2,480,006.06-
HEAD OFFICE:-BOM TONG
22 Bay Tomate Road Chatral.
BOARD OF DIRECTORS:-
Sie Shoo Cve, Chi men,
Li Soen Chus. Ex P. Fok, Eas
Foot
Yum Tonz. E. Chan Chine, Work, Ema, Tu Ima
Hang Esq. Thong Cha Son. Euy, and Bao Ying
Im Tone Po. Fing- Cher! Yongne.
Li - Foca. Emma. Slanger,
BRANCHES AND AGENCIES A
Main Chan
Vanki
Capital Sp:glus Reserves
Partit.
Amor
Porthay
Ki
Therewith, as my
Bombay
C
New York Sumden.
Spare
Haiphous Hacker
T
zutow
Branzia Cairo Calcutta
www.y
Hanoiule
Taibont
-Finnes
Alerobo
Themes
Sobe
Tokyo
Kowi
Loudon
BRANCHES:
TIMEOR Giancar The Race Hamza Hanburg
On Bangkok--
On demand
89%
"Shai Exploration Sh$4 a.
Shai Loans, Sh. $54 n. Ranbe $74 n.
Prev. To-day′′3 |
Chicago Cer----- September
75%
76
+Lose
Gloss December
59%
5934
May
60%
61
INC
Sovereigns bank buying rate 2/1%
Venz: Goldfield
Head Office: 65, Broadway, New York
Bar silver per o
20 2/16
Bar silver in Hong Kong
дот
Copper cash
„U.S.$6,000,000.00
Copper cents
дот
par.
HK and K Wharves
$8 #
Docks, etc.
HK and K Wharves
2,181,633.06
870,731.05
Rate of natire interest. 3 pa Chinese Sub Coin Hong Kong sub. coin
$234% dis par.
and some of the standard lawns, NY. Cotton Oct whilst for the Straits Settlements N.T. Rubber Sept (old) demand has been chiefly for light Chicago Wheat Sejz 90% bleaching cloths and fancies. Chicago Com Sept. 75%
African operations have Montreal Silver Dec. 68.85 (new) West
Silver Official Hallen off somewhat this week,
Dow Jones Averages and have been chiefly confined to 30 Industrials 125.64 125.61 03 of heavy types of "bleaching cloths, 20 Rails ... 34.63 3410 53 of and printed goods.
496
1144
4.964 Winnipeg Wheat:—
12.16.
11.98a
August
844
847% -
90%
New York Sugar:—
78-
No.1 Na 3 No. 1 No.3
68.61
Cen. Con Con. Con.
67-3/4
-60%
Sept.
Dec
2:30 2.25 2.30 2.26
2.24 241 224-243
Tan (1936) 2.14m 203. 21ên 2.04
$11 2496 15 of 96.65 96.60 04 up
March
2.05
2.05
No
Prom
Panik
Pain
Fridriks
Puerto
Interlaken
Rotterdam Фактира
May
2.30
2.10
New York Sink:
September
1:47
1.45
December
1.46.
147
1.46
1.44
Montreal Silver:-----
Maritime
Vadila
Lucerne INENDO TALO
Teoriza
A Carlo
“Kinzich
#THESTER Tanice Tokobara Zurich
XOMENT
Southampto Sugupore Tatia
67.94
67.76
62.85
68.64
69.10:
68.90m
€9.90
69.85
THE
Jonly been small Rangoon has
booked good quantities of voiles N.T/London
Priso
„Perung
17:
ban Feancis Vascouver Tokobums
Cattery
Every demiption of Basting and Exchange Bussitem trannected... „Laume granted on approved
Current Ass opard in Local and Fland Dugonsta reesined for one year a aborter periode in. Loral and Foreign Curreries -one which will he quoted on applicatica
565 Deposit Boxen To Let
Chief Waangeto
THE CHINA & SOUTH SEA BANK,
LIMITED
(inccrporated in China) Head Office ...Shanghai
Capital
Reserve
Branches
$7,500,000.00
$1,500,000.00
All Important Cities
Exchange
in Chink
ant-Generat
Fornicy Basi inatted,
Zanking
Carrent and having. Accoun's opened and Fiard Depositspezired for ane you or aborter perioda
at Tales winch will be quitel en application.
NOU Z. CHANG:
BONG BONG BEACH
$. Des Forex Bosi, Contrai.
Manager's Of
Foreign Fachange Dept.
Geome! Ofis
Cashier's Offe
-Toi. FIN
*
品
THE YOKOHAMA SPECIE BANK
LIMITED.
Established 1880
Capital (fall paid-up) Yen 100,000,000 Reserve Fond
Yen 125,800,000
Head Office: YOKOHAMA,
Branches and Agencies at:
Alexandria
Batavia
Berlin
Bombay
Calcutta
Canton
Nagasaki
Nagoya New York
Osaka
Paris Priping
Dairen (Dalny) Rangoon Penghien Mukden) Rio de Janeiro
Hamburg
Hankow Barbin
-Honolulu
Szinking
Karachi Kobe:
London
Los Angeles
Manil
Moj
San Francisco
Seattle
Semarang
Shanghai
Singapore Surabaya
Sydney
ingkow
Interest Callowed for Current
Deposits received for fixed periods `st rates' to be obtained on appl
COSKISEN
Hong Kong 11th March 1987
Copenhagen Thindi
Flis burch "Firesses CATESS
Irroraketti Loone Tro
All classes of Commercial Banking Transactions undertaken
NEW YORK STOCK
EXCHANGE
Latest Quotations
Anginst 7. The following quotations, were ze ceived by Beater:-
Last close 10.20 11.00
August. S. 496 496% 4.96
11.39
11.14
1131
12.39 12.33
22.35
11.44
Branches of American Express] Company in Principal cities of United NY/Landon
XY. Cotton States of America and Canada,
Ocz May NY. Rubber
Dec. C Wheat
Sep Dec. The Company offers to intending Travellers the use of its "Travellers C. Corn Sept. 75%
Dec Cheques" and Letters of Credit and..
59%
-Personal handled.
investment
accounts
406
90
in addition, the world-wide services STOCKS:— of its thoroughly equipped Travel Amer Smelting 43
Con Gas NY. 30% Department,
Elee Bond &
$74
HK and, W. Dock $5% 12. Providents (old) 85 cts. Providents (new) 20 eta, Đầm Hong Kew Sh. $240 n.. New Engineering Sh. $4 n. Shanghai Docks Sh.$78 n.
Cotton Mills Ewo Cottons Sh. #7. Shanghai Cotton (old)
$65.1
Shanghai Cotton (new) $40 Zoong Sings Sh. $51⁄2 n. Wing On Textiles Sh. $25 n. Lands, Hotels, etc.
Occasional Lots Most of the South "American markets have Bought occasional lots of cheap prints and dyed cloths, with a few miscellaneous Sb.jstyles of fancies. The Scandina
H.K. and S. Hotels $3.80 n HK Lands $29 n. HR Lands 4% Debentures
100% A
Shanghai Lands Sh. $2034 n Metropolitan Lands Sh. $10 Humphreys $10 & HK Realties $4 1 Chinese Estates' $88 a. China Realfies Sh3⁄4 m. China Debentures Sh.$123 1.
· Public Utilities H.K. Tramways $124 b. Peak Trams (old) $13⁄44_n. Peak Trams (new) 35% më Star Ferries $76% b.
434
305
-30%
E. W. DUGGAN.
Manager
Share General Motors 41%
13
41%
Int. Tel & Tel 10%
10%
Loew's Inc.
3974
99%
Yaumati Ferries $17.60 *.
Montgomery
Ward
C. Light $81.
N.T. Central
20% 203
20%
Macao Electries $2244 n.
47 47
42
Sandakan Light 3 s..
THE WING ON BANK Standard Oil
LIMITED.
Head Office: Hong Kong
26. Des Voeux Road Central Authorised Capital $10,000,000
LONDON BANKERS:
Westminster Band, Ltd. Foreign Exchange and every des- cription of banking business transact-
ed
Current Accounts and Savings Ac
XJ
U.S. Steel
$24
12
RAW RUBBER PRICES
Latest Quotations From Singapore
Messrs. H. B. Joseph & Co. have counts opened. Fixed Deposits re received the following Straits. Cur-i ceived at rates which will be quoted rency quotations from Singapore on application Special rates given for Bax Rubber: Sex Special deposits
Buyers Sellers Trusteeship and Executorship · na- dertaken. Safe Deposit Boxes or Spot. 19 % Down 4 19 Oct./Dec. 20 % Down 20 Jan./March-
(1936) LI SEU FONG)
20.% Down 4 21 Asst. Manager | April/June
(1936) 21 Down 21 % Markets--Dall
Lire.
PEILIP COCKCHIN
Chief Manager
L. GOCKCHIN Asst. Manager.
STELE
SHANGHAI COMMERCIAL & SAVINGS BANK, LIMITED- (Incorporated in China),
Capital paid u
Beserves
$5,000,000. $7,300,000. Capital Savings Dept. $500,000. Reserve Savings Dept. $600,000.
Shanghai
Head Of
A Bank having as its mission the industrial development o China and the fostering of her COMMETTİNİ reistions shroad.
Is It Insured?
Insurance All Claseca LOWEST RATES.TM.
Underwriters American A
Fol Inc SA.
· General Agentą.
Head Office 17. The Bund
Shangha
HI User
H-K Electric $58
vian countries have placed one or two substantial lines of greys for finishing-
20 Utilities 40 Bonds 11 Cozmzocity
Indeer 54.00 53.97 .03 on Business Done:-1,390,000 shares.
POSTAL PACKET AGREEMENT March
-CHINA MAIL" SPECIAL September Berlin To-day-The exchange December of the ratifications of the postal Janary
the March
REICHSMARK QUOTATIONS
Exporters to Egypt and the packet agreement between Near East have had offers for Reich and Soviet Russia, signed on bleached goods but only a sparse Marth 7. 1935, took place yesterday trade has been done. Dominion at the Foreign Office. The agree markets have lent only a poor ment comes into force on Septem
Berlin, To-day. Reichamark support, and the Home Trade ber and continues as long as the quotations (without guarantee) houses' demands, though varied, treaty between the Reich and the are: New York 40.33; Paris,
Soviet Union, signed on m. have been only scrappy."
October 609 Amsterdam, 59.60; and Lon- 12 1925-Trans-Ocean Service. don, 12:29 The Paris sterling quotation is 7495, and the dol-
SUGAR INDUSTRY TO PLAN OF CAMPAIGN OUT LINED, 1511--Trans-Ocean Service.
BE ORGANISED
Restriction Plan Proposed
Brussels, To-day.
(Continued from Page 1)
።
The banks take the position that cotton. even if for war purposes is a commodity transaction which they may properly finance.
It is reported that the credit The Vingtieme Siecle says that would be a short-term operation representatives of the sugar in which might be handled by the dustry of seven countries, Cuba, bankers for acceptance on the
Telephones (old) $20.85 s ex Czechoslovakia, Poland, Hungary, market Benter.
div.
".
Telephones (new) 18:20 12 China Bases Sh. $111⁄2 m. Singapore Traction 20/6 b Singapore Pref. 22/6 b..
Industriais Malabon Sugar $81⁄2 1. Caldi Macg (Ori), Sh. $19%
Ih
Cald: Macg. (Pref), Sh. $13 n. Canton Ices TLS 1. Cerments $4
HK Ropes $2 m
Stores, etc.
Dairy Farms $151⁄44;8 Watson $3.35 n Lane, Crawford 13-1 Mackintosh: $71 Sinceres $4.70/=. Wm. Powells 70, eis. 12. Wing On (EK), $55 m.
Miscelareous
H. K. Amusements $1.25. Entertainments $4 1. S. C. Enterprises: $1.35" Macao “Greyhounds. n. Constructions (old) $1.10 1. Constructions (new) 25 cía- ner Vibro Plling $
Ch. Girt: 59% 1925 – GIERU
Govt. 4% Loan
prem. bi
Wallace Harperation.
agreement.
arbitrator.
Everything
gone.. BUT YOUR
SAVINGS
RENT
states that from
FOOD
CLOTHING
Belgium Peru
COMING-CONFERENCE and Germany,
A Paris message which adhere to the Chadbourne restriction plan, have agreed to subject to confirmation form themselves inte an inter-Rome, it has been arranged that the three-party conference on the national, committee, the aim of
Abyssinian dispute shall be held | which will be to maintain and en- there. M Politis, the Greek courage close relations and facilitate efforts to reach a world Premier, has agreed to be the fifth
BRITAIN'S STRONG PROTEST It is hoped that Java, which
A London message states that it] denounced the Chadbourne plan was revealed yesterday that the expiring on September: 1 will be British Government made a strong persuaded to join in a new agree-representation to the Italian Am ment Renter
bassador a few days ago against the constant attacks
Great Britain by the Italian press. The
the protest to Rome. No reply has as yet been received t ETURKISH GENERAL'S RECALL
A message from Istanbul states that General Webbi Pasha is no longer acting at Addis Ababa uzder oficial in- share market continued structions from the Turkish Goy-
GERMAN SHARE Ambassador undertook to convey
MARKET
Quiet Conditions Continue
“CHINA MÁIL - SPECIAL
Berlin. To-day.
let yesterday, prices tending to emment, and he has forfeited his
securities Turkish citizenship Beuter.
Fixed Intere
at abo vels as on Tuesday
confied
Stat
Joans
same
Je
An earlier message" "from": "Az- business. Den gora dated August 5 stated that narrowia Turkish General of the name of Wehbi Pasha was in Addis Ababa,
and had-been-instructed- Türkish Government, internal De- fence Department to offe vans- vices as official instruct Abyssinian Airy.
---
HEAT
TA
WATER
CHITS
སམས་ནས་
SAVINGS
SAVE SOMETHING
START NOW
UNDERWRITERS
SAVINGS BANK FOR THE FAR EAST.