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, 1853
Beserve Funds
Sterling
Silver
Reserve Liability of Pro-
prietors
HEAD OFFICE HONG KONG.
BOARD OF DIRECTORS.
H. Dadell. Ing.
- HEAD OFFICE: LONDON Paid-up Capital
Agencies and Branches:
£6,500,000 $0,000,000
20,000,000 Reserve Fund
(£3,000,000 £3,000,000
Reserve Liability of Pro-
prietors
£3,000,000
Alor Star
Faile
Amritme
Bangkok
Karuoki
Bang
Bornday Calcutte
Kobe
Kunke
Singapore
| Castel
Imper
Campos
Kucking
Caba
Taiping
Tongkak
Chairman
C. C. Knight. Boy.
Deputy Chairman,
V. Grayburt Eq.
Chief Mangwe)
W. H. Bell, Esq., K. S. Morrison
A
Compton Esc
M. T. Johnson, Esq, Colo
Hon. Mr. J.-J. Paterson,
Madras
-Manila
- Modan
New York
Faigen Semarang
Seremban Shanghai
(Bhaker) Thingto Tokohama.
THE CHINA ALL THURSDAY, AUGUST 15, 195
Commerce and
Finance
LOCAL DOLLAR DECLINES
Silver Prices Fall
The local dollar has declined a half-penny opening on demand this morning at 1/11 (nominal).
Spot and forward silver prices fell to 29-3/16 1
The London on New York cross- rate was quoted at S-US $4.98% as compared with £ US$497%, while the New York on London Zamboangs cross-rate was': £ US$9874, 24 Forsign Exchange and General Braking Dustuose | compared with £-US$4.973⁄41⁄4-
Delhi
Haiphong
N
Hankow Harbi
G. Miskin, Esq., T. E. Pearce, Esq. Hamburg v
BRANCHES
AMOT
BANGKOK
LONDON LYONS
BATAVIA
BOMBAT
CALOTITA
CANTON~~~
CHEFOO
OPLAN BO
DAIRES
POOCHOW HALPINING HAMBURG
RANKOW
HARBIN
HONGXEW
ΠΑΠΟ
10-4
JOHORZ
ΣΟΥΣ
KOWLOOK
MALACCA
MANILA
MTAR Jobers).
-XIXDEX
NEW YORK
PEIPING
PENANG
RANGOON
SAIGON
SAN FRANCISCO
REALA LUMPUR.
SHANGRAI SINGAPORK ̈ SOCRABAYA · SUNGE PATANT
TIENTSIN
TOKYO
TSINGTAO
TOKOHAMA
Curret Ammam opened is Local Currwory and Fixed Deposite peined Ice one wear or aborter peroidu in Local Currency and Sterling on tresen «ttr's will be voted on application.
Hong Kong. 6th April, 1935.
Bang Long
Piping
(Pechug) +
Pereg
Current Accounia opasač nad Fitud Depositu received for one year or shorter periods at 70000
| which will ha quotad on application.
A-BREARLET
Manager.
Hong Kong, 1st January, 1985
THE BANK OF CANTON, LTD.
Established. 1912.
Head Office:-Hong Kong.
Authorised. Capital
Paid-up Capital
Total ResouICES
8,655,000 32,170,492
EXCHANGES
TO-DAY'S" "QUOTATION
Branches: Canton, Toishan, Shanghai On Japan- Hankow, Bangkok & San Francisco. On demand London Bankers: Lloyds Bank, Ltd, On India....
Foreign Exchange and Banking!- business of every description trans- acted.
LOCAL SHARES
TO-DAY'S QUOTATIONS
The following is the list of local share quotations issued to-day:
"Banks
FK Bank $1075 b..
HK. Bank (London) £1103⁄4 Chartered Bank £13.
Mercantile Bank A. and
£29
Mercantile C £12% 1. Bank of East Asia 3761⁄2 n.
Insurances
Canton Ins. $185 ss. Union Ins. $380, 1
n
B.
China Underwriters 10 cts. I China Fire Ins. $982 a.. HK Fire Ins. $180 h and sa. International Assce: $4
Shipping
Douglases $36 1.
Indo-Chinas (Pref.), $30. n. Indo-Chinas (Def.), $12 n.
Mining
On London-
On T.T. and demand
1/11
4 months" sight
1/113%
Credits 4 months' sight-.: 2/
EE. Steamboats $4 n.
On Shanghai..
On demand
133
$11,000,000 On Singapore—
On demand
24
Shell" (Bearer) 77/6 p. Union Waterboats $11 n.
165
Antamoks 76 ets. b.
On T., and demand On-New York-
1294
Balatoes $18 1.
On demand
48
Credits 60 days" sight
50%
On Batavia-
On demand
7124
Big Wedge 8 cts, D-
On Paris
Gold Creek 30:cts. n.
On demand
735
Gold River 6 cts. b.
Credits 4 months' sight
780
Ipo Mining 6/7 cta. sa
On Saigon.
Itogons 36 cts. n.
On demand
7344
Salacots 12 cts
On Manila-
Kailan Mining Ad. 13/-n.
Current Accounts opened and Fixed
HONG KONG SAVINGS BANK Deposits received for one year or
The Bunior of the above Bank is sondect ed by the HONG KONG AND SHANGHAI
BANKING CORPORATION Bules may be obtained en application.
FOR THE HONG KONG AND SHANGHAI BANKING COBIURATION.
V. Y. GRATBUKK,
Char! Manogu.
Bong Kong, February, 1936.
THE BANK OF EAST ASIA, LTD.
Aalboriand Capital
Faid-up Capital
Barve and Undivided Profita
$10,000,000.
£5,998,800.30
.$ 2,480,000,00
HEAD OFFICE-HONG KONG
10. Das Fox Road Chitral.
BOARD OF DIRECTORS
Sir Shoon Chow, Chai sat.
Li Roon Chan Bag P. E hook. I
shorter periods-at rates which will be quoted an application.
Safe Deposit Boxes (various sizes) for hire.
»
LOOK.POONG SHAN,
THE
Chief Manager|
AMERICAN EXPRESS COMPANY,
INC.
Head Office: 65. Broadway, New York
Capital Surplus Beserves
.17.S.$6,000,000.00
On demand
On Bangkok-
Baguio Gold $241⁄2 cts. b. Benguet Consolidated $1210 m. Benguet Exploration 12 cts. Z Benguet Goldfield 10 cts L
97 Langkats (Single) Sh. $14 1.
S'hai Exploration St$4% n.
Venz; Goldfield $2.30 ..
Docks, etc.
HK and K Wharves (old)
$18
On demand
94
Sovereigns bank buying rate 2/-
S'hai Loans Sh. $51⁄44 n. Raubs $74 D-
Bar silver per oz
29 3/16
2,183,633.06
Bar silver in Hong Kong
пол
0,731.05
Copper cash,
Copper cents
пот
par.
Milan
Rate of native interest
3% på
Karles
Chinese Sub. Coin ..
33% dis
*
AM
Затва
Paris
Hong Kong sub coin
par
"Berlin
Bombay
Piping Palerme
Bergen
-
Interlaken
Brunerin
Rotterdac Fanthe Shanghai
Amsterdam Ant
WOOK
Ya. Toor. Enqli Chan Ching hak. Eag- Li Ima Fang. Faq Fong Cho San Frq, and Kao. Ting Po, In-
Lan Tone Pa. Eng Chie! Manager.
Li Im Fook. Eng., Manager,
BRANCHES AND AGENCIES
Athens
Cairo
Calcutta
Condes
Edinburgh
FLOPEDOA Gevers
Kanik
Seattle
Colombo
Bateria
Semarang
- Copenhagen
Rambay
Kauai
Shaerbes
Dublia
Calcutta
New York.
Siappone
Cazytom
Outka
Haiphous Bankow HoDoiniaTM Kade
Paris
Sourabay Swato
ivydary.
Promine
Tuibekas
Ranocc
Tim
Saicus
*ck yes!
bas Prabsiacs
Kowloon London
Prizion
Taco Tokobama.
'Zway), description of Basking and Exchange bomian sparamcted. Zone 'granted on approved
curities
BRANCHES:
Gron
gor The Harr HAVADE
Hamborg
HAVIN Fridalbert
Sarunadeza
Condee Liverpool
Lucerse Lugano
Lez
Matrüln
Monte Carlo
Mazila
Musich
Mostret
Southamphon Singapore Tientsin
*Tortista tunum Venire Tobams Zurich
NEW YORK STOCK
EXCHANGE
Latest Quotations
August 15. The following quotations were re-
Branches of American Express ceived by Beuter Company in Principal cities of United States of America and Canada.
All classes of Commercial Banking Transactions" undertaken.
Personal investment
Carreet Secounts opened in Lot. Currency and Fland Deposits received for one year -100 | shorter periods in Local and Foreign Cuervatis handled. en German which will be quoted on: applicatics
Sale Deposit Boxen To Tat
KAN TONG PO.
Chief Manager.
The Company offers to intending Travellers the use of its "Travellers
Cheques" and Letters of Credit and, *Dec. in addition, the-world-wide services
1/483
of its thoroughly equipped Travel C Corn Sept 74%
THE CHINA & SOUTH SEA BANK, Department.
LIMITED
(Incorporated in China)
Head Office...Shanghai
Capital
Reserve
Branches
$7.500.000.00
.$1,500,000.00
...All Important Cities
in China
Foreign Exchange
Business Lennwted.
and
General
Backing
Current and: Saving Accousie opened and Fixed Deposits · revised for one year or shorter perioda, st rates which will be gacted on application
SOU ZA CHANG.
HONG TONG EBANCH: 24. Des Voeux Road, Central Maonger's Office
Foreign Exchange". Deplu
General Onc
Cashier's Office
Manager.
HK and K Wharves (new)
$747% - EK and W. Dock $7. Providerts (old) 65 cts. Providents (new) 20 cts, E. Hong Kew Sh. $240 n.
New Engineering Sh. $4 n. Shanghai Docks Sh$78. n..
Cotton Mills Ewe Cottons Sh. n.
(old) Shanghai Cotton
$65
Shanghai Cotton (new) $40 Zoong Sings Sh. $n Wing On Textiles Sh. $25 r. Lands, Hotels, etc.
HK and S. Hotels $3.70 n. HK. Lands $28 sa.
NEW YORK STOCK MARKET
General Market Still Good
UBILITIES BILL UNLIKELY
TO BE PASSED
LAND SCHEME FOR UNEMPLOYED
Stimulus To Activity And Self-Respect
GLAMORGAN STARTS WITH
OUT-OF-WORK" MINERS
London. To-day.
NEW
ADVERTISEN
PUBLIC AUCTION-
ARTICULARS 是 CONDI-
PTIONS of the Sale by Public-
In their market report Messa S. E. Levy and Company - corres-
Plans for the settlement of Anction to be held on MONDAY, pondents for Messrs White Weld unemployed on the land, which the 19th-day of August, 1935, at 3 and Company: New York, state: the Commissioners appointed by pm at the Offices of the Public Stocks. We believe that the the Government to look after Works Department. by Order of general market is still good as the interests of areas speciallyHis Excellency the Governor of well-informed Washington circles affected by the economic depres one Lot of Crown Land at Blue believe that Congress will adjourn, sion are encouraging, have to Pool Road in the Colony of Hong probably within ten days and that take a number of different Kong for a term of 75 years, with the Utility Holding Company Bill forms, according to local and the option of renewal at a Crown is now not likely to pass even in other circumstances.
Rent to be fixed by the Surveyor Business its compromise form.
Glamorganshire County Council of His Majesty the King, for one is co-operating with the Commis-further term of 75 years. döze: 1,950,000 shares.
"Whest: We expect an early sïoners on a scheme for about decrease in the pressure of the 1,000 quarter-acre holdings for Purchases of unemployed men from the South crep movement. four are improving. We would Wales coalfield. It is not expected suggest an accumulation for profit. that the men can become economi- these cally self-supporting on Total sales: 27,527,000 bushels.
[holdings and the Unemployment: Assistance Board has agreed that
(Continued on Pure 10)
BERLIN SHARE employment allowances should
MARKET
PRICES CONTINUE TO SOAR
“CHINA MAI SPECIAL
Berlin, To-day.
continue.
The object is to give men with small prospect of getting back into employment a stimulus to activity and self-respect and “an opportunity of supplementing their standard of living by their own efforts.
They will be provided with Stock being excessively scarce,
chickens, pigs, - poultry- tools, prices continued mounting yester-
houses and stiles and they will day, although only in rare cases make a weekly payment for rent-
Interest
was the demand great. was mainly concentrated public services, such as works.
on the After the first year the holders will-pay back, in three annual in- water!
įstalments, the sum of £12 which
it is costing to start them
Already over 500 applications
Fixed interest securities were quiet, the prices mostly being for holdings have been received. changed, while golà mortgage-British Wireless Service.
bonds were friendly. Call money was at 2 to 2% per cent. Trans-Ocean Service..
CONSCRIPTION IN
CANTON
Good Support From Business Men
Canton, To-day.
OVERSEAS TRADE Import And Domestic Export Gains
London, To-day. Preliminary figures of Overse23 trade for July show an incréase as compared with June and with Business men in the city show] July of last year for both imports great enthusiasm in joining the and domestic exports. Kuomintang since the launching
Imports were £61,825,000, as
of the enlistment campaign by compared with 557,827,000 in June the City Tangpu for new pre- and £58,028,000 in July, 1934 paratory members of the Party.
Domestic exports were £36,443,-
For the convenience of them, the 000, as compared with £32,914,000 City Chamber of Commerce has in June and £33,230,000 in July created a department which is to 1934
St
give information as to the fulfil- Be-exports
FK Lands 4% Debentures
Shanghai Lands Sh. $20. Métropolitan Lands Sh. $10 a. Humphrey's $T3⁄4% 1.
accounts
86%
10.20 11.00 close
44.98 N.Y./London 497 498 NY Cotton. P: Oct"
10.94 10.90 10.87. 10.71 May 10.76
10.65 N.Y. Rubber..
Dec. c. Wheat Sept
12141207
12.05
872
89%
76
Deci
$5%%
56
HK Realties 84 ni
STOCKS:--
E. W. DUGGAN.
Manage
Amer Smelting 43% 43% Con Gas, NY. 33%0: Elec Bond &
Stare
43%
33%
1734 17%
17%
1234 12 Int. Tel & Tel 12%
41% 412 42 Loew's Inc Montgomery
35 Ward
35% 35% 23% NY. Central 231⁄2 Standard O
-4675 4673- 444 44
23%
462/
4470
THE WING ON BANK General Motors 44%
LIMITED.
Head Office: Hong Kong 26. Des Voeux Road. Central. # Authorized Capital $10,000,000
LONDON BANKERS:
Westminster Band, Ltd: Foreign Exchange and every "des-
NJ
U.S. Steel
43%
43%
cription of banking business transact- POLAND AND THE
„Tei. 13:45 - | ed
23566
53569
THE YOKOHAMA "SPECIE BANK
·LIMITED.
Established 1880 Capital (fall paid-up) Yen. 100,000,000 Reserve Fund
2. Yen 125,800,000
Head Office: "YOKOHAMA
Branches and Azencies at:
Alexandría:
Batavia
Berlin
Bombay
Calcutta
Canton
Dairen (Day)
Nagasaki Nagoya
New York Osaka
Paris
Peiping Rangoon
Fengden Mukden) Rio de Janeiro
Hambur
Hankow
San Francisco'
Seattle
Harbin
Hong Kong Honolulu
Singapore
Heinking
Karachi
Current Accounts and Savings Ac- counts opesed. Fixed Deposits: re- ceived at rates which will be quoted on application Special rates given fer Special deposits.
Trusteeship and Executorship w dertaken. Safe Deposit Boxes for hire:
PHILIP GOCKCHIN: Chief Manager L GOCKCHIN LUSHU FONG Asst. Manager Asst Manager
THE
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED
Cincorporated in China) Capital paid up $5,000,000
Beserves
$7,300,000 Capital Savings Dept"; $500,000 Reserve Savings Dept. $600,000. “Deid-Office- Shanghai
A Bank having "as" its missiça the industrial development" "on China and the fostering of her commercial relations abroad Hong Kong Office -
Ice House St.NE
· Phone: 21431-2-3-1-2
REICHSMARK QUOTATIONS
FREE CITY
Economic Questions Considered
*** CHINA MAIL – SPECIAL
Danzig, To-day- Further progress has been made towards the settlement of the controversial economie ques- tions which had arisen from the recent devaluation of the Dan- zag gulden and had led to a ser- ions conflict with Poland
It was officially announced here yesterday that a Danzig delega-] tion, composed of leading econo mie erts, will proceed to War- of this week for saw: at the
Polish hoped
nego
Gov
Chinese Estates. $88 n
China Realties Sh$4. China, Debentures Sh.$123
Publie Utilities H.K. Tramways” $12.65 xa. Peak Trams (old) $7% n Peak Trams (new)-$5%%-n- Star Ferries $77 b
Yaumati Ferries. $17.60 1.
C. Light $8.45 2.
HK Electric $58 b, 5591⁄2 ~$5814/59 32.
Macao Electrics $224 n.
Sandakan Light $3 a. Telephones (old), $201⁄2 a Telephones (new). $8.20 China Bases Sh$ . Singapore Traction 10/6 m. Singapore Pret 22/6 b.
Industrials
Malabon Sugar 581⁄2 11- Cald: Macg (Ord.), Sh. $192
Cald: "Macg (Pref.), Sh. $18 n. Canton Ices $1.80 Cements $34 L HK Ropes 32 D
Stores, etc Dairy Farms $15:40 n. Watson $3b Lane Crawford 3 Mackintosh 7 7. Sinceres $4.80" Wm. Powella Wing On
were
£3,961,000,
in June and
ment of requirements in the time against £5,222,000
of registration. It is anticipated £4,129,000 in July 1934- that the result of the enlistment The increase of domestic ex- will be very satisfactory.ports for the seven months to the The number of preparatory end of July, compared with the members to be enlisted is 10,, corresponding period of last year. 000-Central Press.
HAINAN FORESTRY
SURVEY
First Step Towards. Cultivation
amounts to £19,825,000, of which £17.232,000 is accounted for by the rise in the exports of goods wholly or mainly manufactured British Wireless Service.
SOCIAL SECURITY BILL SIGNED
Roosevelt's Hopes For Future
Washington, To-day- President Roosevelt has signed
Canton, To-day. The recent investigation by the Agriculture and Forestry Bureau reveals that the total ares of forests in Hainan Island is about 1,610,000 mow. The forests along the Chang-fa River are the larg the Social Security Bill, describing est. Second to them are those it as "the corner-stone of a 'strue- along the Láng-shni River.- [fore."" which is being built, but is The investigation into the by no means complete. The civili areas of the forests in the island, sation of the past hundred years, it is understood, is a first step to with its startling industrial wards opening them to cultiva changes, has tended more and more tionCentral Press,
to make life insecure-to-day
The hope of many years' stande
RAW RUBBER PRICES ing has in large part been failed
Latest Quotations From Singapore
B. Joseph & Co. have
by the measures, which will take
care of human needs and at the
same time prepare for a United States structure of vast greater soundness. Berter.
20:3
19
April/1irz
(1936)
+22 Mäfkets Sterber
High Commissioner For
Australia Appointed
PARTICULARS OF THE LOT
Bachatay ko.
4101
#
PUBLIC AUCTION
HE Undersigned have received instructions to sell by Public
Од
Auction.
Tuesday the 20th- August, 1935
Commencing at 515 pm. at their. Sales Boom, Daddell Street
A Valuable Collection
POSTAGE STAMPS Terms: Cash on Delivery.
LAMMERT EROS.
Auctioneers Hong Kong 15th August, 1935.
Everything
gone.. BUT YOUR SAVINGS
RENT
FOOD
CLOTHING
HEAT
TAXES
WATER
CHITS
SAVINGS
SAVE SOMETHING,
START NOW. UNDERWRITERS SAVINGS BANK FOR THE FAR EAST, INC.
Asia Life Bui
Hoàn Lon
30234
Is. It Insured?