BANKS
HONG KONG AND SHANGHAI
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, 1855!. Reserve Funds 2-
*
Sterling € 6,500,000 Säver
30,000,000, Reserve Liability of Pro-
prietors
HEAD OFFICE HONG KONG.
BOARD OF DIRECTORS,
SH. Dodwell, Esq.
C. C. Enicht. Ingi -
Deputy Chair WJ.
V. M. Önybartı. “Engi
Chin! MataTT
A. H. Compton Ex..
THE CHINA MATE. FRIDAY, ADEUSTO. 01:35
Commerce and Finance
LOCAL DOLLAR STEADY
£3,000,000 Spot Silver Prices Firm
£3,000,000
Bangie
HEAD OFFICE: LONDON
Paid-up Capital 20,000,000 Rekerve Fand
Reserve Liability of Proi
prietors
Agencies and Branches: Pangoon Sages Setting
£3,000,000
Toile Ipah
Kanchi
Bateria
Klaas
Semmben
Burn be Carotta
Kla
Lumpur Kimbing
Себе
W. H. Bell, Esq. F. S. Morrison Esq. pors M. T. Johnson, Esq. Colocabu Bon. Mr. J. J. Paterson,
Delhi
Haiphon
Hankow Harb
G. Misida, Esq. I. E. Pearce, Esq. Fambung
BRANCHE
AMCY
BANGKOK
BATAVIA
KUNDAY CALCUTTA CANTON CRLPOO COLOMBO DATEN
RAITRONO
HOMSKET 120120 ITCH
JOHORE KORX
LANDON LYONS KALADCA
MANILA
TAE Jobere) MUNDES
NEW YORK
PEPING
PENANG
RANGOON
SAIGON
SAN FRANCISCO KUALA LUMPUR
SHANGRA
SINGAPORE
SOPRABAYA
SUNGE PATANT
› PENTSIN
TOKYO
TSINGTAO TOKOBANA
Central Jerounds opened in Local Cursery and Fime Deposite merved for you past or metler parsons in Local Currency and Sterling O will be quoted en application
Hong Kong, 6th April, 1935.
HONG KONG SAVINGS BANK
The Haw's of the above Bank is condit ed by the HONG KONG AND SHANGZIAT BANKING CORPORATION. Bales may be oblasted no prisention.
FOR THE BONG KONG AND SHANGHAI BANKING CORPORATION,
V. GRAYBURN,
Chat KuongeZ..
Hong Song 2 February, 19
Book Kang
Madras
Manila
Medan
New Feck
Peipine
(kmg)
Penins
Shanghai Singapore Sita Wa
Tit
• The D
Foncia
[Bb] Thetas
Tokohama,
Zambestiga
The local dollar remained steady. opening on demand this morning lat 2/032..
Spot silver was steady at 30-3/16] and forward rose 1/16. being quoted at 304.
The London on New York cross- rate was quoted at -U.S.$1.96%. jas against S-U.S.$4.96%, while
the New York on London
Foreign Exchange and General Bariling taxiners rate was US$1964 as com
Carmer Accorta opened and Fixed Deposits {receland, for one year or shorter periods at rates; {which will be quoted an application.
A. BREARLET.
Manage Hong Kong, 1st January, 1935.
THE BANK OF CANTON, LTD.
Established 1972.
Head Office:-Hong Kong
Authorised Catital |Paid-up Capital
Total Resources
pared with $US1963.
*
EXCHANGES
TO-DAY'S QUOTATION On London-
On Singapore
$17,000,000 On demand
8,655,000 On Japan- 32,170,492
On demand
Branches: Canton. Toishan, Shanghai On India-
Hankow, Bangkok & San Francisco. London Bankers: Lloyds Bank, Ltd.
Current Accounts opened and Fixed Deposits received for one year or shorter periods at rates which will be quoted on application.
Safe Deposit Boxes (various sizes) for hire.
LOOK POONG SHAN?"
Chief Manager
THE
THE BANK OF EAST ASIA, LTD. AMERICAN EXPRESS COMPANY,
Buthorized "Capital
...$20,00€4,000,06
Paid up capital
:
LOCAL SHARES
TO-DAY'S QUOTATIONS
NEW YORK STOCK MARKET
Markets Generally Upward
PROBABLY QUE TO PROFIT-TAKING
In their market report. Messrs.
The following is the list of local. E. Levy and Company, ecrres- Ipondents for Messrs. White Weld share quotations issued to-day:
and Company, New York, state:~~ Banks
HK Bank $1060 b. cum diy, HF Bank (Landan) 10674 r.
ex div.
..
Chartered Bank £134 a.. Mercantile Bank 1 and
42934 11.
Mercantile C. ST214. Bank of East Asia $761⁄2 n. ***Insurances.
Carton Ins- $203 Union Ins. $370 b
China Underwriters 10 cts.” D. China Fire Ins. $382 1. HK Fire las. $200 n. International Assče. Șẽ n
Shipping
Douglases $36 1.
HK. Steamboats $4 n- Indo-Chinas (Pref), $30 m Indo-Chinas (Def), 512 n. Shell (Bearer) $78/- 1- Union Waterboats $1134 n.
Mining
Balatoes $18 m Baguio Gold 22 ets. n.' Benguet Consolidated $12:20 Benguet Exploration 12 cts. I Benguet Goldfield 10 cis n Big Wedge 3 cts, E-
Gold Creek 30 cts. n.
Gold River 5 eta n Ipo Mining 90 cts.'n. Itogons 36 cts. n.
Salacots 12 ets. n.
Kailan Mining Ad. 12/6 m.
Langkats (Single), Sh. $14 D.
On T.T. and demand
'4 months' sight
2/34
Credits -4 months' sight
2./2
On Shanghai-
On demand
138
$812
Antamoks 75 cts. n.
1743
On T.T. and demand
136
Foreign Exchange and Banking On New York- business of every description trans- acted.
On demand
514
Credits 60 days" sight
5334
On Batavia-
On demand
On Paris
On demand
*#233
Credits 4 months' sight. $17
On Saigon
On demand
On Manila-
On demand
10214
On Bangkok
On demand
$92%
INC.
Head Office:-65, Broadway,
New York
Sovereigns bank buying rate 2/15% Bar silver per oz.
30 3/16 Bar silver in Hong Kong ....... now Copper cash
S'hai Exploration Sh$41⁄2 n. S'hai Loans Sh. $514 2 Razbs $74 11. Venz, Goldfield $2.30 n.
Docks, etc.
HA and Wharves
$78 n.
Capital Sumplus Reserves
US$6,000,000.00 2,152.633.06 870.731.05
Copper cents
DOM
par.
BRANCHES
Rate of native interest... 3% pa Chinese Sub Coin 3234 Hong Kong sub, coiz
dis
par
AL
The Furos
Tamberg
Nazume Theres Parin Poining
Sale
- Sezamowie
tombay
Shangha
Int
Уккароти
--
Roveri Funti
Cate
***
Swato
Tat-cpost.
PRIDIAN
sydney
S
Taihnen
Tuned
Tirports
•
Mari
Frandiara
Mama Carlo
Yckobama
Maria
Toughene
Last
Yuuich
Zuch
XT/London
close. 10.20 11.00 1.964 1963 1963
Branches of American Express N.Y. Cotton Company in Principal cities of United States of America and Canada.
· Der.
11:32
May
11.15
1132 11.13
De
12.15
}C. Wheat
accounts
Sept Dee
90%%% 924
C. Corn Sept. 76
59-54
Beserve and Undivided I'mâte 3 206),000,0% |
HEAD OFFICE:~BONG KONG
30 Des Toux Bond choos
BOARD OF DIRECTORS:
Sir Shower Chr. Cha thath
Li Em Chun, Eng. P. K. ä. Eng. Trong
Tire Time, Eq., Chan Ching shek. Eng. Li Lan Seas. Eny- Thoog. Cu Son. Eng. and Ban Ting- Pa Ear
Bombas
Kan Zoo Po, Fagin that Nanneer
The Fong. Engu Season.
BRANCHES AND AGENCIES:-.
Chirutta
Haptoms... Razian Hetalia
Lowire
2
Zapa
Every demetipson of Seating and Exchange bunizem traced a sanid on approved
Curreal Accounts, opard in Loral Cut aberies pride in Lord and Foreign Curry
appiseti
and Fixed Deponit merived for one
W which will be quoted
Safe Deposit Form L
KAN TUNG PO,
சு
T--«!-}
Monter
NEW YORK STOCK
EXCHANGE
Latest Quotations
August 9
..
- "Stocks: Some irregularity was seen to-day, though the markets were generally upward. The irre- Rularity seems to be due more to
profit-taking than to any nervoU3- mess regarding future prospects. | We think that accumulation on set- backs will prove to be profitable. [Business done: 1,430,000 shares,
"Grains:"Although the Trade] generally expects Government esti- mates to be somewhat above pri- hate figures, it would be well to re-l member that these reports only [represent conditions up to August
I..
The Standard Statistics says that the wheat situation has com- pletely changed since July 1 The actual. reduction of supplies is greater than statistics indicate.! Speculators should follow the long-
They met while making à film and now trace Beadler, the blende
Frank aud Prince, a singer (both above), plan a Hollywood marriage.
actrees,
BANK RATE IN FRANCE
Again Lowered By 1⁄2 Per Cent
Paris, To-day.
Weekly Return Issued
side, especially December wheat The Bank of France has re- Total sales: Wheat: 39,620,000, duced the discount rate from 313 bushels Corn: 6.503,000 bushels to 3 per cent-Renter
"Cotton: Secretary of Agrženi- ture Wallace's statement to the effect that when the crop move- ment begins to depress prices the Administration will not hesitate to offer ample loams to absorb excess supplies indicates to as that there. will be no cotton lean for the pre- sent. "Until the uncertainties re- garding a loan' on the new-crop are |definitely removed side-lines
advisable.
are
GOLD STOCK INCREASE
**CHINA MAIL" SPECIAL.
Paris, To-day.
The weekly return of the Eanque de France isssed yesterday shows
HAZING FRESHMEN AT COLLEGE
Alberta University Finds It Costly
LEGISLATURE PASSES ACT
OF INDEMNITY ·
Edmonton Alta-While the hazing of freshmen at Alberta University will, in all-probabili- |ty, be curtailed rigidly in future® owing to the settlement out of court by the Government, for 228,228 of a claim for injury in- flicted on a student during initiation, the Legislature has passed an enactment under which the University of Alberta will no longer be held liable for damages through actions of the students.
The taxpayers of Alberta wil be called upon to pay total costs of $50,051-45 because of the severe hazing activities of the university students. In addi
tion to the $28,228 award to the Powlett family of Calgary
th
{settlement of their daim for [damages, the law costs of the Government and expenses of witnesses brought the total cost Ito the university to Över
$50,000
ROUND THE HORN IN WINDJAMMER
Adventurous Cruise
SEVERAL WOMEN ANXIOUS
TO SIGN ON
Melbourne. Something new în cruises has been devised by Captain- E Dahlstrom, master of the Swedish
A big crop, coupled that during the week from July 26 with Secretary Wallace's statement to August 2 the gold stock in- suggest the likeliness of no impor-creased by 353.664,000 francs, the tant Trade buying before the mar gold stock now, amounting to Owing to ket nears the 10 cent level
Hides: A
cartious buying demands for the monthly settle windjammer C. B. Pedersen,
Unable to obtain freight, he ad- Iment the note circulation increased
121.630,000,000 francs.
H.A. and K. Wharves (new) jagainst $850,000,000 the previous the gold cover thus rising from/round Cape Horn at $50 a head.
74.67 to 75.35 million francs.
(old) Policy is recommended.
"Flash: Brokers Loans during by one milliard francs to 82.214-Rounced that he would take pas- the past week totalled $860,000,000,000,000 francs, the percentage of sengers on the homeward trip Eight berths were available and With the lowering of the disapplications soon came pouring in, count rate from 334 to 3 per cent several from Women.
Signed On it is stated that this is the fourth
The adventurous passengers Itime it has been lowered since it
$741⁄2 H.K. and W. Docks 36% ne Providents (old) 85 cts. 1. Providents (new) 20 cts. n Hong Kew Sh. $240 m.-* New Engineering Shi $4 n- Shanghai Docks Sh.$73 D
Cotton Mills .. Ewo Cottons Sh. $1 a. Shanghai Cotton (old)
$65 22. Shanghai Cotton (new) $40
The following quotations were ze-Zoong Sings Sh. 384
freived by Reuters-
All classes of Commercial Banking NY. Rubber Transactions undertaken
Chief Manager.
Personal izvestment handled
THE CHINA & SOUTH SEA BANK,
LIMITED
(Incorporated in China) Head Office Shanghai
Capital
Rexerte
Bratches
Foreign
cmt
Business Belsarted.
.$7.500.000.00
$1,500,000,00 All Important Cities) in China
And.
General
Bandise
Cerment and Saving Arecante opened and Fixed! Deponira med forsone pesce se shorter peoicada? at putem wh, to will be gained no application.
SOC 2 CHANG
Manager.
RONG KONG BRANCH:
The Tom Ricoḥ, Cosital
Manger's che
Formen Erbance Dept.
Geneal Offer
Cumbier's Oce
****
THE YOKOHAMA SPECIE BANK
LIMITED.
Established 1880
The Company offers to intending Dec Travellers the use of its “Travellers STOCKS--- Cheques" and Letters of Credit and Amer Smelting
addition, the world-wide services! Cón Gas NY. 30% 30 of its thoroughly equipped Travd Elec Bood & Department
Share
13% 13 General Motors 41% 42 Int. Tel & Tel 10% MapsgLoew's In
EW. DUGGAN..
THE WING ON BANK
ec
LIMITED.
Head Office: Hong Kong 26. Des Torx Road Central
Montgomery
46*4 4674
RAW RUBBER PRICES
Authorised Capital $10.000.000 Latest Quotations From
LONDON BANKEES:--
Westminster Band. Ltd.
Foreign Exchange and every des-
Wing On Textiles Sh. $25 z. Lands, Hotels, etc. HK. and S. Hotels $3.80 1. H. Lands $29 1 H.K. Lands
100% IL
The following quotations were reached its peak level of 6 per cent were signed on a, the Swedish
week
Latest Quotations
received by Rester:
NY/London
Sh
cross-rate
NY. Cotton Oct.
11.82
71.13
n. Rubber Sept.
11.98
12.03
Chicago Wheat Sept. 20% ̈ Chicago Corn Sept. 76 Montreal Silver-Dec. 6864 Silver Official..... 67
90%
Debentures
Shanghai Lands Sh. $2016
Prer. To-day's May 28. On June 30 it drop- Consulate as members of the crew close ped from 5 to 4 per cent, and on at the wage of one shilling a month,
July 4, to 314 per cent-Trans- 4.964 4.96Ocean Service.
close
Dow Jones Averages
7
68.55t
130 Industrials 125.61 125.99
38 up 20 Rails
34.10 34.31 21 up 20 Utilities 24.96. 25.09 04 up 96.69 96.65 .04 of
Metropolitan Lands Sh. $10 a 40 Bonds ...
-Humphreys $8.10,5-
HK Realties $4 n. Chinese Estates $88 n.
China Realties Sh.34 z
BERLIN SHARE MARKET
Dull Conditions Continue
the
women being engaged as- stewardesses and housekeepers.
Captain Dahlstrom warned the passengers that they would have to sacrifice any of the, amenities of civilisation in a passage of 100 days or more.
One of the applicants for a, pas-...” sage was Major Charles Milks, C.B.E, Army Headquarters Staff, Melbourne, who is retiring after. forty years distinguished service in the Army.
BLACK AND RED COMBINE
• TO MAKE WHITE
~CHINA 'MAIL – SPECIAL
Berlin, To-day The share market continued dull yesterday; the public showing no disposition to invest. The lack of enterprise was doubtless partly A jet-black chow, owned by COMMODITY PRICES accounted for by the report just Mrs. A. Ferguson of Everstock published of the German Institute Hill, London, was mated with a The following quotations have for Business Research, drawing reddish-brown dog of the same been received by Renter
attention to the discrepancy be breed. The result: A litter of Prev. Yesterday tween the average yield obtainable six chow puppies, all Closing Closing from shares, namely 3,8 per cent, white.
from fixed fand that
interess securities, 4.72, supplemented by the remark that the attitude of the public to the share market is over optimistic.
FLK Electric $581⁄2 6.. $58/59 New York Cotton
25
11 Commodity
Index
53.97 537I 26 of Business "Done:-1,430,000 shares.
30%
China Debentures Sh$123 #.
Public Utilities
132 42%
10% 10
39%
39%
HK Trampays $12.50 h. Peak Trams (old) $734 n. Peak Trams (new) $5% L Star Ferries $76% b
Ward XX. Central Standard Oil
NJ U.S. Steel
33 20
.33% 19%
33
Yaumati Ferries $17.60. n. C. Light $3.60 s.
20%
October..
1132
11.13
4%%
413
41
Macro Electrics $2236 1
December
11.25.
11.03
Sandakan Light $3 s. Telephones (ald) $201⁄2 s., $204 March
*
January (1936)
76.24
11.03
1118
10.98
S3
May
11.15
10.98
Telephones (new) $320 China Buses Sh. $112 Singapore Traction 10/6 b. Singapore Pref. 22/6 b.
July
11.08
10.95
(Spot
71.85
11.65
New York Rubber:
September
11.98a
December
January March May Chicago Wheat: September
22.17 12.21 12.23 12.27 12.38 12:42 12.50b:
12.534
Becember
90% 922 92
90%
May
94%*
9314
Chicago Corn:----
75
75%
December May
59%%%
59%
6134
60%
Winnipeg Wheats- Angust
847%
8436
New York Sugar:--
Sept. Dec.
Singapore
cription of-banking business transact- Messrs. E E. Joseph & Co. haye received the following Straits Cur- Current Accounts and Savings Ac- comats opened. Fixed Deposits rency quotations from Singapore ceived at rates which will be quoted for Raw Rubber:— Capital (full paid-up) Yen 100,000,000 on application. Special rates given Reserve Fund
Yen. 125,800,000 for Special deposits.
Trusteeship and Executorship dertaker Safe Deposit Boxes for Hhire.
Head Office:--YOKOHAMA
- Branches and Agencies at: Alexandria
Nagasaki
Batavia Berlin
Bombay.
Calcutta
Canton
Dairen (Dalny)
Nagoya
New York
Osaka Paris
Priping Rangoon
Fengden Mukden) Rio de Janeiro
Hamburg
Pankow Harbia
inking
Karachi
Kobe
London Los Angeles
Moil
San Francisco
Seattle
Semarang
Shanghai Singapore Sourabaya
Interest allowed for Cisza
Deposits received for fired st Tates to be obtained.
ong Kong, 143
· PHILIP GOCKCHIN Chief Mana SET
L. GOCKCHS... - LI SEU FONG Asst. Manager Asst. Manager
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED
(Incorporated in China)
Capital paid by
$5,000,000,
090. Beserves Capital Savings Dept. Reserve Savings Dept, $500,000.
“Head Office-Shanghai: 97% A. Bank hiring as in mission the industrial development a China and the Lostering of her commercial relations sorod
abroad Bong: Kong: Odien....if
~7: Ien -Höstse". St. Phone: 31491-2-37
Buyers Sellers Spot 19% Up b. 19% s October-December 2014 Up
b 201⁄2 3.. January-March (1936) 21% Ty
YE, 213 s. April-June (1936) 22 Up 3/4 D
MarketSteadier.
Is It Insured?
America A
ters
Industrials Malabon Sugar $81⁄2 n. Cald: Macg. (Ord), Sh. $194
Cald: Marg. (Pret), Sh. $13 Carton Ices $1.80 n. Cements $3s- HK. Ropes $2. T
Stores, etc. Dairy Farms $15
15:20 82. Watson $3 n Lane, Crawford $3. z. Mackintosh $1 Sinceres $4.70: Wm. Powells 70 che m Wing On (BAK.) ($55 11.
Miscellaneou
:
$15.15/-September
HK Amusements $1.85 11. Entertainments $42
S-C Enterprises $1.35 n.” Macao "Greyhounds" $2 Constructions (old) $110, 1. Constructions (new) 25 cts. 1 Vibro Piling 34′′n Office Ch. Govt 5% 1925 – G5Bds.
The consequence was that fixed
interest
were
more
securities active than for some time past, the
prices of city loans and gold mort- 12.03a gaye bonds being well maintained. Call money was at 2 to 3 per cent-Trans-Ceran Service.
REICHSMARK QUOTATIONS
No. 1 No.3 No. 1 *No. 7
Perila,
To-day- Reichsmark quotations (without guarantee) are: New York, 4033; Paris, 609.43; Amsterdam, 59,64,and London, 12:29. The Paris sterling quotation is 7495 and the dollar, 15.10.-Trans-Ocean Service.
GOLD SUITS BARRED
Washington, to-day
be
Con. Con. Con Can Senate has passed a bill closing 2.30 226 2:34 229 the Courts against gold clause 2.43 224 2.46 2.25 its against the
Jan (1936) 216n 204 218m 205 after six months
March
**2.05 ·
May
210
207 2.12
New York Suk:
September
December March
1:45 2446 44
L46
Montreal Silverskyest
HK Gort 6% 10m 64% prem. Sept
57,76
$68,64
HI Govt Exam
$8.900
prem b
69.35
QUALITY
Government
PRINTING
snow
SHIPMENT
OF
NEW GOODS
JUST
ARRIVED
ALBIL
10c.. & 20c.
STORES
Ic D'Aguilar
FAND
228, Nathan Road, Kowloon,
Wallace Harpers. 34 1.