BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
$50,000,000 Issued and Fully Paid-up.. 20,000,000 Reserve Funds
Authorised Capital
Sterling -- € 6,500,000
Silver ....$0,000,000
Reserve Liality of Pro
prietors
HEAD OFFICE-HONG KONG.
DOARD OF DIRECTORS.
6H Dodwell. Eng. Chairman,
CC night. Ex-
Deputy CharSABA,
Y, J., Genyburn, Zeq.
Chief Manage
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1853
HEAD OFFICE: LONDON Paid-up Capital
20,000,000
Reserve Fund
$3,000,000 £3,000,000
Reserve Liability of Pro-
prietors
£3,000,000
"Agentics and 'Branches:
Der Star
Bangoon
Amribane
Inch
Saigon.
Bangkok
Batavia
Semarang Serb
Bombay
Kobe
Shanghai
Singapore
| Cebu:
Colombo
Madras
Sourabaya
Taipe
Mandy
Haiphong Hamburg
Sew York
Palping
Bachow
(haking)
Barbir
Penang
Calcutta Canton
W. H. Bell, Esq., K. S. Morrison Estawupore
A. B. Compton Esq.
M. E. Johnson, Esqe Hon. Mr. J. J. Paterson, G. Miskin, Esq. T. E Pearce, Esq.,
LONDON
BRANCHES --
BANGKOK
LIONS
BATAVIA
MALACCA
BOYZAY
MANILA
MUAR (Jobore)
XUXDEX
NEW YORK
CALCUTTA
CANTON
CHE POO
COLABO
DURES
FOOCHUR
KAPITONG
HAMBURG HANKOW
HARN
HONGKEW
ILOILO
IPOH
JOHORE
*XOSF
KOWLOON-
PEIPING
PENANG
RANGOON
SAIGON
MAN FRANCISCO ·
KUALA LUMPUR
SHANGHA
SINGAPORE
SOURABAYA
SUNCE PATANI
TIEXTRIN
TOKYO
TSINGTAO ТОБОНАМА
Comment Sote opened in Local Currency and Frand Deposits moriard for owe your or aborter periods in Lóral Curracy and Sterling De toppe which will be quoted on application..
Hong Kong, 6th April, 1935.
HONG KONG SAVINGS BANK
The BASAL of the above Beisk is conduct ed by the HONG KONG AND SHANGHAI BANKING CORPORATION Bales may be obtained on anglation.
FOR THE HONG KONG AND SHANGHAI BANKING COLORATION,
WM. GRATELEN,
Boog, Long
Kuching
Tongkah
(Binokar)
Txingto Tolobams Zamboangs
Foreign Exchange and General Banking businem.}
| transacted.
which will be quoted on applieston.~.
A. BREARLET
Manage Hong Kong, 1st January, 1935.
Established 1912
THE
TURDAY ABGUST 18, 1935
Commerce an
Finance
NEW YORK STOCK MARKET
No General Selling Develops
BUSINESS STATISTICS FAVOURABLE
24
SHARE MARKET
Messrs.
Harriman's Weekly Report
Messrs. G. A Harriman Co.'s weekly share report and market review issued at noon to-day states--
We have to record a quiet we trading with business confined investment counters chiefly to
FREAK FACTS. ALOT TÌM
KAY FRANCIS
FRIDAY 13
JANBARY-ANO ALMIST EVERY HAP
KRÁJET EVENT
DREN
WILLIAM
-KELEN LOWELT
WORKED HER
BARNAR
·COLLEGE
Some unsual facts about the leading actors and actresses in "Living On Velvet," which commences at the Alhambra Theatre to-day.
BOXING CHAMPIONS AND CHALLENGERS
(Continued from Page 5)
Oncially Mizler is not counted the scheme of things; but he none the less persistent in his trailing of the champions, and, as former holder of the title, ist understandably disgrunted at be-- ing shut out Mizler, however, must be content to wait until the Board have completed their weed-
In the berval complications may arise, for Tony Canzoneri will come this way with the world's be championship if terms can arranged to have a fourth fight with Berg And I am all for the remarkable Italian-American be ing set on parade in our ring, it only to give Berg an opportunity of making good his belief that, undera British referee, he can beat his old opponent.
There is, I am sure, a generous London market for such a con- test. It would not prejudice the position of the survivor of the final of the Board's elimination for whatever the fate of Berg in an affair with Canzoneri he would still be light-weight champion of his country. If Berg crowned "his life of romance and high adven-
would surely remain at home rather than seek further to exploit America.
In their market report. Messrs. SE Levy and Company, corres-
role Hong Kong Trams, Star pondents for Messrs. White Weld which again played the leading and Company, New York, stater--
"Stocks: As the recent irregu-Ferries, and Hong Kong Electrics held the principal enquiries, being Comment Accounts opened and Fixed Depolarity developed no general selling. received for one year or shorter periods at salas new buying again appeared to-day, in demand at the close at $12.75, though the aggressiveness was due 76/2 and $5824 respectively. largely to the feeling that Con-Dairy Farms were a shade easier gress will adjourn at an early date having changed hands at $15.15/20 without the passage of certain dis-Telephones (ald) likewise eased off 33 the somewhat and were dealt in at tasteful legislation. such
$2014 Hong Kong Lands were; Utility Bill, the Social Security
We still rather weak with shares offering at $29% Minor issues, generally, THE BANK OF CANTON, LTD. Bm and the Tax Bill-
favour the constractive side
displayed a rather easier tendency. favourable business statistics con- Head Office:Hong Kong.
$3.80 and Cements at $32 China tinue to reduce the possibility of Hotels declined to a selling rate of
Business decline.
Lights changed hands at $82 clos- COMMODITY PRICES, WATER SUPPLY OF ture by deposing Canzoneri he $11,000,000 207 serious
8,555,000 done: 2,190,000 shares.
"Wheat: While the Government ing with sellers at this rate. 32,170,492
what with buyers at 55 cts. Branches: Canton, Toishan, Shanghe report confirms private estimates Providents (old) revived Hankow, Bangkok & San Francisco. we feel that damage since the com
Foreign Exchange and Banking
Unions had enquiries at
New York Cotton:- the business of every description trans caused further shrinkage to the Banks remained in demand at
October yields. We would prefer purchases $1060.
Total sales: 370. The market closes an
December Current Accounts opened and Fixed on any setbacks.
dull side. Deposits received for one year or 29,590.000 bushels.
Business during the week has
January (1936) 11.03 shorter periods at rates which will be
"Com: The ample supply out- quoted on application.
Yaumati Ferries $17.35. Safe Deposit Boxes (various sizes) look regarding corn suggests sales been done at the following prices: arch
HK. Electrics $58% 59. of distant months on fair bulges. LOOK POONG SHAN.
Ropes $1.80/1.30. - Chief Manager, Total sales: 4,061,000 bushels.
Dairy Farms $15.15/1520. Telephones (old) $20. Antamoks 76 cts.
Authorised Capital
Paid-up Capital
Total Resources ...
London Bankers: Lloyds Bank, Ltd, pilation of the Barean figures has the sterling section, Hong Kome/been received by Reater..
acted.
for hire
Chard Manager.
Bong Song. l Holenary, moda,
THE
"Cotton: Excessively high tem- peratures in the Central and Western Belts are attracting atten- tion. Hedge selling was moderate.
THE BANK OF EAST ASIA, LTD. AMERICAN EXPRESS COMPANY, The belief, is gaining that we will
Authorized Capital
Paid-up Capital
Beserve and Undivided Profe
$30.000.000.00
INC.
-$ 5,508,500.00
Head Office:---65, Broadway, New York
e---·240.an.00
HEAD OFFICE HONG KONG
10. Dre Yous, Road Cal
BOARD OF DIRECTOR;-
Siz Shonson Chone, smis
Li Enon Chun. Ex P. E. Kork Engin Tony THE TOER. Ing- Coat Ching Shake Eng. Ini Lan Fans. Eng., Woog Chu Ben. Fay, and han Ting
+ Eao Tong Pa Esq ('hui WaTING THE..
Li T For. Ex. Manager.
Capital Surplus
Reserves
„US$6,000,000,00 2183,633.06 870,731.05
BRANCHES
Arbatordain Antwerp Athena
Anadan
Orbor Glaxo The Magen
HAVAIN
Ben's
Bettis
Serowrang
Pambay Bermen
hanghai
BRANCHES AND AGENCIES:
Vanila
Amoj
Batavia
Velbourne
Bombay
Vagunaki
C-leutta Canton
Nimer York
Chenn
Baintong
Фуміга
Hanker
Priping
>edary
Bonolulu
Kobe
Kowloon Loadoa
Proanz
Rangon Salg
ta Fraschen.
Silageport Sourabaya
Tboku
Tientant Tokyo
Tancouver Tokobama
Every description of Basking and Exchange beriar trumented. Dato grated veg approved Current foron opened in Local Corrency and Fixed Deprite received for one you of aborter persula in Local and Foreign Currencies da terra which will be quoted on application
-Sado Doupons Born To Lehi.
AEAN TONG.PO,
Chief Manager.
Cairo Calcutta
Canzon Colombe
Hamburg ** Ha
·Heidelberg
•Interlaken
Jemnalem
Lice
*Liverpool
Laserbe
Milan Xire ..
Kaples
Piraron Paria
Pelping
Palermo Rotterdam Rome Shanghai
have, a free market between the 10 and 13 cents level. We expect a with temporary gradual decline Trecoveries.
China Lights $8.50/8.60. Wharves (old) $78. HK Trams $12.50.
some→
In
The following quotations have
Prev. Yesterday Closing Closing
11:13-- 11.05
11.13 11.03-
1102
10.95 10.98
May
10.98.
July
10.95
Spot
11.65
10.96 10.90 11.60
New York Rubber:
September
December
January
March:
May
THE COLONY
Official Figures For Last Month
Quick Fortu
For the moment it is enough that Canzonexi is credited with a desire to appear in London and at STORAGE AND CONSUMPTION"ļa not preposteriously high price.
It must be that the foremost Water Returns of the Colony för fighters in the States are realising the month of July show that, the that proitable employment is to be total storage for all Island reser-had abroad. Generally speaking voirs at the end of the month there is more money to be made in amounted to 2385,450,000 gallons, the British ring than that of any 12.038 12.01
as against 2,389,140,000 gallons at country. Neusel, for instance, re- 12.21 12.01
the same date last year; and forceived as much for his last fight 7225 1223
mainland reservoirs, 687,250,000 with Petersen as he did for that. 1243 1242 .
gallons as against the same quan- he had with Schmeling at Ham- 12.553
bury. I doubt whether any boxer 1255 tity at. July 31 last year.
90%
92
90% 9215
May
9314
933%
Chicago Corn:- September December
754
768
391
60%
59** 61
$434
September H. H. Stock Exchange Weekly Chicago Wheat: Report issued at 3.15 pm. Friday.
¡December "Flash The American Railway 9th August. Association estimates carloadings We had a quiet but steady mar at 597,000 cars, a decline of 16.900 ket during the past week with cars from the corresponding period buyers predominating. Banks and of last year."
Union were wanted at $1060 and May $370, with few if any share offer- ing. Trams and Electrics were in good demand at $12.70 and $59 (Old) respectively. Telephones came to business at $20-
BUSINESS DONE DURING THE WEEK Wharves (Old) $78. Lands $28.-
The following telegrams were re- iceived last night:-
"Stocks: The Atlas Corporation has declared a dividend of 30 cents September per share payable on 16 as on stocks on record on August 31. There are indications that the Corn Products Beaning Company will not ear any dividend as the Company has not covered payments for the past three years. The con- Branches of American Express cern is in a strong working posi- Company in Principal cities of United tion, which may permit a continua-
tion of the present policy. States of America and Canada.
Coprobagen
Dublin Edinburch Morrace Geders
LAWTON Mareilles
Monte Carlo
Manilo
Manich
Montreux
Southampton Sindspore Tiemais Taormina
Venice Tokobame Zurich
All classes of Commercial Banking Transactions undertaken
investment accoworks
"Cotton: There was some good Trade buying at the opening of the Johnson, Mr. Oscar market. Personal
Manager of the Cotton Pool, is handled. -
now buying July cotton against The Company offers to intending
fixations. Liverpool merchants, Cheques" and Eetters of Credit and, continue to transfer hedges into in addition, the world-wide services nears on the theory that the weight
THE CHINA & SOUTH SEA BANK, Tate the use of its "Travellers
LIMITED
(Incorporated in China) Head Office ...Shanghai Capitel
Reserve
Branches
Freigh
.$4,500,000.00,
$1,500,000.00
All Important Cities in China
and Farbangs
General Banking
Current and Syring Accounts opened and Fisend Deposite now-A, te one year or shorter prioda
ki zatem which will be gouted no implication.
SOC Z CHANG,
TẢNG SONG BRACTI
Manager,-
The Don Texas Road, Central.
·Manager's Off
Foreign Exchanser Depe
General Once
Cashier's Office
$46
of its thoroughly equipped Travel of the crop movement will depress Department,
American nears to a discount.
E. W. DUGGAN,
Manager
Tramways $12.60, $1235- China Lights $836 $3.60 Electrics $57, $57, $5834 Telephones (Old) $20 Dairy Farms $15.15, $15.20. Antamoks. 76 cts."
CHANGES 3.15 pm. No Changes
Consumption
consumption
OF
of this or any age has made a Water
the fortune-520,000 at least. I should Island during July amounted to say so quickly as the Welshman. 418,320.000, (inclusive of 73,170,-Only Carpentier has been paid more 000 gallons from the mainland) or than Petersen for a single fight in 318 gallons per head per day, London. compared with 422,860,000 gallons.
Jock McAvoy, having concluded
or 35 gallons per head per day in that, except for his three times July 1934 Consumption in Kow-champion self the middle-weight loon and New Kowloon amounted kingdom is peopled by next to no to 249,820,000 gallons, er 23.5 bodies, wants to fight Eddie Phil-
Winniper Wheat:
843 ¡August
New York Sugar:-/
No. 1 No.3 No. 1 No.3 Cot Co Con Con gallons per head per day, as com- lips for the cruiser title pared with 225,130,000 gallons and 234 2.29 237 233 22 gallons respectively for July of
Sept
2.46 2.26 249 2.30 ¡Dec.
Jan. (1936) 2.13m 205 2.20n 2.10 March
last year.
207
May
2.12
211 2.16
New York Silk:
$59.
September
1.46
December
∙1.4472
1.49% 1.46
March
144
Montreal Silvers
September
6811
67.76
December
63.65t
69.55
69.95n
NEW YORK STOCK EXCHANGE
Latest Quotations
Latest Quotations The following quotations were received by Renter-
The following cuotations were re- Prev. To-dayeived by Renter:-
elone close
THE WING ON BANK London
"LIMITED.
Head Offee: Hong Kong 26. Des Voeux Road Central. Authorised Capital $10,000,000
LONDON BANKEES:
cross-rate
THE YOKOHAMA SPECIE BANK cription of barking business transact- 20 Utilities
LIMITED.
Established 1880 Capital (fall paid-up) Yen: 100,000,000 - Yen, 125,300,000
Reserve Fund
Head Office:~-YOKOHAMA
Branches and Agencies at:
Alexandria.
Redavis
Berlin
Bombay
Calcutta
Canton
Westminster Band. Ltd.30 Industrials 125.99 127.27 1.28 upl 34.31 35.23 92 up Foreign Exchange and every des- 20 Rails
25.00 -26.00 1.00 up 40 Bonds 96.65 96.75 10 p Current Accounts and Savings Ac, 11 Commodity
Index 53.71 54.09 28 up counts opened. Fixed Deposits, re-
Business Bone:--2,190,000 shares. ceived at rates which will be quoted on application Special rates given for Special deposits
Trusteeship and Executorship un
August 10.
Last close 10.20 17.00
495 496Y/London 496% 4.96% 4.96% NY. Cotton Oct.11.13 11.19
NY. Cotton. NY. Rubber Sept. 12.03a: 12.01 90% Chicago Wheat Sept. 90%
76 Chicago Corn Sept. 75 Montreal Silver Dec. 68.65 65. 67 67 Silver Official
Dow Jones Averages
Oct.
May N.Y. Rubber
Dec
C. Whent
Sept
Dec.
11:13 11.10 10.98 10.93
12.16 12.21
90% 92-
11.14 10.95
1218
90%
C. Corn Sept. 753-
Dec.
763
59號
60
STOCKS
Amer Smelting 4324
Con Gas MT 30d 30% Elec Bond &
31
Share
144
General Motors 42%
Int. Tel & Tel-30%"
·20%
Loew's Inc
Montgomery
Ward
34
NL Central 20
-34%- 203
35 20%
Standard Oil
46
46
US Steel
dertaken. Safe Deposit Boxes for THE MERCANTILE BANK OF
hire.
PHILIP GOCKCHIN
Nagasaki Nas New York
Chief Manager
LA GOCKCHIN Asst. Manager..
LI SHU FONG Asst Manager.
Osaka
Paris
Peiping
THE
INDIA, LTD.
1,800,000
1,050,000
Dairen (Dalny) Rangoon Fengden Mukden) Rio de Janeiro
San Francisco
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED
(Incorporated in China);
Capital paid up $5,900,000
Dept: $500;
HEAD OFFICE:
15 Groschurch Street, London, ECL
Authorised capital. $3,000,000 1 Subscribed Capital .... Paid-up Capital Reserve Fund & Rest 1,247,830
BANTEES The Bank of England & Midland Bank, Lad, BRANCHES:
Toobe Kardy
Karachi
Tuata, Lõpla. >Krisla"
Port Louis
(Manritims)
Hamburg
Mankow Harbins Hong
Sex Shanghai
$500.0
Bombay
Calamba
Galla
NI
January March
Supply
A Dempsey Pupil
Phillips is now not only among the approved challengers of Peter- sen, but, I understand, is pledged to a return match with Wenstob,
A constant supply was maintain- ed in all mainland districts during the month, while in the City and who is being further hammered into shape in Dempsey's workstrop. Hill districts a 10-hours daily So it is that McAvoy will probably supply was given from July 1 to be left to kick his heels in indefinite 1462 July 7, the service thereafter being idleness, which is to be regretted,
68.85n
€9.90 69.45
HARBOUR DEATH BY DROWNING Japanese Seaman Swept Away
unrestricted.
SEQUEL TO OPIUM
RAID
Informer's Evidence
Discounted
THREE MEN DISCHARGED: ONE CONVICTED
for there is ever so much to ad- mire in the fighting of the Lanca-
shire man, his recent moderate display against an unbelievably poor Al Burke notwithstanding...F hope be takes the first chance to fight in Lendon so as to make less painful the memory of the beating be took from Marcel Thil in Paris. When last-Tetalked with Paul Danski. Nensel's shrewd manager, his intention was to concentrate upon New York in the belief that At the Central Police Court
there was little or nothing to be yesterday afternoon Chan Fook, done in Europe. Herr. Rothen- ulica Chan Chi-ha, and three her, who broadcast his prepared- seaman named Masnozaki other men, Tang Ysen, Wongness to pay Baer £60,000 to meet of the Japanese, fishing trawler Shing and Hai Tax-sang, was Schmeling in London for the Minoto Maru, which was at the jointly charged before Mr. Scho-weight crown, hopes to pre-
possession of 156
sent the two Maxes at Amsterdam time anchored off Wanchai, yes-field with the terday lost his life by drowning. taels of raw opium in room 316, one time during September and
Gloucester
mitt pro
BODY RECOVERED
Setting out with a companion Luk Kwok Hotel to swim to another vessel anRoad, on August E chored about 50 yards away, but Eevenne Officer Gr was swept away by the strong secuted. current and despite desperate The danger of com attempts by his companion to ef-the uncorroboraž 14%fect a rescue, was drowned. The paid informer. 484 body, was subsequently recovered Mr. M. E. Lo
near the Power Station at North the defence of 397% $39
After eviden Point
The funeral will take place at the magistra Happy Valley this afternoon.
Is It Insured?
STUNG TO DEATH
BY BEES
Czech Peasant's Awful Fate
Stung
Fook, Tang sang The Shing, who charge, was
the alternative hard labouĽ.
After the had been Imitt and
third:
Was
need it be said at a less fabulous cost?
CHURCHES
FIRST, CHURCH OF SCIENTIST
CRIS
Mot murch
First
[USA]
in Boston
Macdonnell Road Bel
Road Tram Stat
Sunday Service
of
WOMAN DIES
Subject: SPIRIT
The Sunday sch Sunday Morning
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