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 Resere Funds
Styling -- € 6,500,000 Siver... $0,000,000
Reserve Liability of Pro-
prietors
HEAD OFFICE: LONDON Paid-up Capital 20,000,000 Reserve Fund
KNAD OFFICE HONG KONG.
BOARD OF DIRELTORS,
6. Dodwell, Esq. ↑
... Chairman,
CC Kaight, Esq.
Deputy Chairman,
V. M. Gexyburn, Esq.
Chief Maser
*
THE CHINA MAIL, WEDNESDAY, AUGUST 28, 1935
ommerce and Finance
£3,000,000 £3,000,000
LOCAL DOLLAR STEADY
Reserve Liability of Pro-
prietors
W. H. Bell, Esq., K. S. Morrison Esq, Calcutta
Agencies and Branches:
Boile
Ipoh.
Bangoon, Falcon
Sememang Korncoban
Amritoar
Bangkok
Karachi
Kang
Borabay
Kobe
SiDespor
A. H. Compton Esq.
Carbon
Lumper
Cawnpare
Kambing
Madras
Taipist
Colombo,
· Manila -
Zongkah
Haiphong
New York Peiping
(Peking)
(Bambuse) Tuto Takobarau Zasaboanga
MT. Johnson, Esq, ca Hon. Mr. J. J. Paterson, G. Miskin, Esq. T. E. Pearce, Esq, De
AMOT
FANGIOX
RAZAVIA
CALA
GANZON
COLOMBO
DAIREN TOOCH APTO
HANKOW
HONGKEWF
ILOILO
JOHORE.
FOLI
KOWLOON
BRANCHES
LONDON ZTOKS
MALACCA
MANILA
KUAR (Zobore)
NEW YORK,
PELPING
PENANG
BANGOON
RAJGON
SAN FRANCISCO
XUALA LUMPUR.
SHANGHAI
SINGAPORR FOTRABATA
SURGEZ TAZANI
TSINGTAO
TOKOHAMA
Curvat Arounds opened in Loon! Currency and Mixed Toponite received for and your or shorter perinde in Loral Currency and Arling an terms which will be quoted on application.
Hong Kong, 6th April, 1935.
Hamburg
Hankow
Harbiz
Hong Lond
6,000 Forward Silver Down
Forvies Exhange sad: General Dimking Boulweer transacted.
Current Rocante opened and Fixed Deponiin ProFited for ane your or shorter viciada at rates which will be quoted on application.
A. BREARLET,
Manager. Hong Kong, 1st January, 1935.
THE BANK OF CANTON, LTD.
Established 1912.
Head Offices-Hong Kong.
Authorised Capital Prid-up Capital
•
The local is steady, opening on demand this morning at 1/1I.
"Spot" silver was steady at 29, but "forward", declined 1/16 to 28-15/16
The London on New York cross- rate was quoted at US$A- 979%, as compared with US. $497%. while the New York on London cross-rate was quoted compared lat £-US$491%, as
with 'S-US$498.
-J
EXCHANGES
TO-DAY'S QUOTATION
On London:
$11,000,000 ---- 8,655,000 | On Japan-
On demand
32,170,492
Total Resources Branches: Canton, Toishan. Shanghai. Hankow, Bangkok & San Francisco.
HONG KONG SAVINGS BANK London Bankers: Lloyds Bank, Ltd.
The Bunce of the above Hunt la conduct ed by the HONG KONG AND SHANGHAT
BANKING CORPORATION. Halos may be.. obtained on application
TUE TEI HỎNG TONG AND ENGI BANKING CORPORATION,
15. M GRAYBLEN,
Chief Maangut.
Hong Kong, 5th February, 1985.
Authorized Capital
Paid-up Capital
Foreign Exchange and Banking
| business of every description trans-
acted.
Current Accounts opened and Fixed Deposits received for one year or shorter periods at rates which will be quoted en application
On India-
LOCAL SHARES
TO-DAYS QUOTATION
The following is the list of local share quotations issued to-day:
Banics
H.K. Bank $1060 m. H.K. Bank (London) £106
Chartered Bank £13
62932 1
n
NEW YORK STOCK MARKET
Business Outlook Re-Appraisal
FURTHER ADJUSTMENTS
EXPECTED
REICHSBANK RETURNS
Gold Stock Increase Reported
→ CHINA MAIL" SPECIAL
Berlin, To-day. The Reichsbank returns dated August 23 show that the gold stock
NEW ADVERTISEMENTS
THE HONG KONG ELECTRIC CO LTD.
r
IS HEREBY NOTIFIED thit an Interim Dividend of One cared for the six months ended Dollar per Share has been- de-
30th June, 1935, and will be pay
In their market report. Besar. increased by 01 to 94,800,000 able on and after MONDAY, S. E. Levy and Company, corres Reichsmarks, while the foreign 3d SEPTEMBER, 1935. Divid- pondents for Messrs White Weld currency reserves also rose by 0.1 and Company, New York, state to 5.400,000 making a total in-end Warrants may be obtained on application at the Company's Registered Office, P. & 0. Build- Stocks: With the adjournment crease of 0.2 to 100,200,000 Reichs- of Congress now an accomplished marka" fact, the market is pansing to Notes in circulation decreased re-appraise the business outlook by 787 to 638,500,000 Reichsmarks of the Company will be CLOSED
THE REGISTER OF SHARES
Mercantile Bank A. and R/and Legislative results. Hence. The amount of credit issue is now from TUESDAY, 10th SEPTEM- we expect further adjustments assured by hills and cheques and BDR to SATURDAY, 21st SEP- with great irregularity in price advances in investments and has TEMBER (both days inclusive) We increased by 112.5 to 4.235,000,000 during which period no transfer
Ser-of shares can be registered-
Mercantile C. £123% Bank of East Asia: $76
Insurances
Canton Ins. $185 L Union Ina $385
China Underwriters 10 cts. China Fire Ins. $382 mi HK. Fire Ins $185 m. International-Assce. Și n.
d: Shipping
Douglases $36 1- HK. Steamboats $4 n. Indo-Chinas (Pre£.), $30-n- Indo-Chinas (Def), $32 n. Shell (Bearer) 70/5 n Union Waterboats $11% n-
Baguio Gold $2431⁄2 ets. n. Benguet Consolidated $12.10 Benguet Exploration 18 ets. 1. Benguet Goldfield 10,cts n.. Big Wedge 8 cts. n-
Beichsmarks-Trans-Ocean
movements for some time. believe that immediate liquidation is not yet completed, but we do vice. not think that prices will go de
By Order of the Board of | Directors.c
cidedly lower. Business done: BRITISH EXCHEQUER GEBB, LIVINGSTON & CO., LTD.
2,130,000 shares.
small
Grains: Trading was and was mostly on local account. Decreasing hedge pressure should help prices. Total sales: Wheat: 18,869,000 bushels Corn: 3,012- [000 bushels.
RETURNS
Increase In Revenne And Expenditure
London, To-day.
Cotton: Some Trade buying! was in evidence to-day, which in The Exchequer retums show duced shorts to cover their com that the total ordinary, revenue, mitments. We expect freer offer excluding self-balancing... items, ings of "spot" cotton on advances-amounts to £296,353,200,, as com We also expect an increase in pared with 228,416,413 at the private and Government crop es- corresponding date last year. timates
The total ordinary expenditure, Flash: The Consolidated Oil exclusive of self-balancing itemis. Corporation has declared a divi-lis £283,288,909, as against £271,- (093,284 at the corresponding date n-jdend of 25 cents per share.
Wireless Ser- of 1934-British
Latest Quotations
The following quotations were vice. received by Beater:-1
Prev. To-day's
close
معمله
On Tland demand
1/112
4 months' sight
1/11%
Credits 4 months' sight
On Shanghai
On demand
131
On Singapore--
On demand
834
1654
Mining
On T.T. and demand
129
Antamoks 7914 cts. n. Balatoes $18 n.
On New York
On demand
483%
Credits 60 days", sight
50%
On Batavia
On demand
71%
Gold Creek 30 cts.
On Paris-
Gold River I cis. 1.
On demand
735
Credits 4 months” sight
280
Ipo Mining 90 cts. I
cross-rate
1984. CITA
Itogons 36 cts. D.
On Saigon
On demand-
734
Kailan Mining Ad. 16/6.n.
On Manila.
On demand
9732
On demand
943/4
INC
Sovereigns bank buying rate 2/-3%
Langkatz (Single) Sh. #14 n. Shai Exploration Sh.$44 n Shai Loans Sh. $54 n. Fanhs $71⁄2 n.
NY. Cotton Bet... 10.48 NY. Rubber Sept. 11.98
88 Chicago Wheat Sept. 88% Chicago Corn Sept. 744 B
65.70 Montreal - Silver Dec. 65.75 Silver Official
10.69 11.78
Head Office:-65. Broadway. New York
Bar silver per oz.
WOOK
Bar silver in Hong Kong Copper cash
Capital
„U.S.$6,000,000.00
Copper cents
29
пом
nom. par.
4.
Surplus Reserves
2,183,633.06.
870,731.05
Rate of native interest. 3% pa 33% dis. Chinese Sub, Coin Hong Kong sub. coîn
HK and K Wharves
$48 n. HK and K Wharves (new)
$7472
(old)
Amsterdam Answery Achern...
Naples
...$20,000,000,00
$ 5.300.000.00
for hire.
Safe Deposit Boxes (various sizes)
LOOK POONG SHAN,
Chief Manager
THE
THE BANK OF EAST ASIA, LTD.
Rendre and Undivided Polita 3,080,000.00 (AMERICAN EXPRESS COMPANY, On Bangkok-
HEAD OFFICE:-HONG KONG
20. Das Tour Sod Cutral
BOARD OF DIRECTORT
Bir Shou-son Chow, Chai mi
TUD Tons. Eng Chan Ching Shake Enqu Lai Lan Bang, Eng. Wong Chu Son, Eg and Kan Ting
Lu Tong Fo, Esq. Chiel Manager. ' LA Tan Fong. Eng. Manager.
BRANCHES AND AGENCIES
Kavila
Melhornur
Loon Chun, Eng. P. Xu Rak. Z
Bacte Berlin Baby Bermes BEPLE
Exh
Bataria
Semarang
Bombay
Napaki
Calcutta
New York
Cantos Haiphong
Osaka
Swapore Sourabaya Swatow
Peiving
Taibolez Timataia
Cairo
Vancouver Токобае
Saigon
Calcutts
Cannes
Batbor Kosolala
Kowloon
PERADE
·Rangoon
ban Franciscs
Every description of Backing and Excha bunicos transacted. Laste granted on approved
Current Accounts opened in Local Currency anded Depositu renaived for, one year" or sharter periods in Lecal and Foreign Currencies en terze which 'will be quoted on application.
Bata Deposit Doza To Lo
"KAN TONG PO
Coloraho
Сорин Анчев Dublin.
Finburgh
Florezõe
Groet
THE CHINA & SOUTH SEA BANK, handled.
LIMITED
BRANCHES:--
The Excur
Genos
Gianpor
«Haveda
Hamburg HEYT Heidelberg
Semnalem Lhodon
Pripiet Palermo Rotterdam
Shanghal Southampton
Tirestare Taormine Тично Venice Yokohama Zamrich
DET.
NEW YORK STOCK EXCHANGE
Latest Quotations
August 28.
The following quotations were re- esived by Reuter:-
Salacots 12. cts n.
Venz, Goldfield $230 z.
Docks, etc.
HK. and W. Dock $91⁄2 n Providents (old) 55 ets. . Providents (new) 20 cts. n. Hong Kew Sh. $240 n. New Engineering Sh. $4 n. Shanghai Docks Sh.$78
Cotton Mills
Shanghai Lands Sh. $201⁄2 në Metropolitan Eands Sh. $10. n.
KY/London
65་་་6 ** Dow Jones Averages 30 Industrials 128.99 126.81 218 off
20 Rails 20 Utilities (40 Bonds
11 Commodity
Index 52.78 52.80. 02 up Business Done: -2,130,000 shares.
35.72 34.73 99 off 25.46 418-1.28 off 96.19.96.05 14 off
COMMODITY PRICES
INDUSTRIAL DEVELOPMENT
IN BRITAIN
London, To-day.A report on
Agents. Hong Kong 28th. August, 1955
•KING'S
LAST DAYS
A NEW PRO- GRAMME
CONSISTING
"LIVING MARBLE”
(Reproduction of World
Famous Masterpieces)
industrial development just issued THE HUMAN SHELL”
states that 478 new factories, em-
ploying 37,200 people, were esta blished in Great Britain last year, and 144 factories were extended, over providing employment for 8,000 people of the new factories, 34 were established by, or with the assistance, of foreign concerns. British Wireless Service.
LOCAL NEWS BREVITIES
The change of programme by the
The following quotations have Tropical Express Revue Company
been received by Reuter.
is every bit as good as the opening Prev. Yesterday performance, in fact the "shooting Closing Closing the man out of a cannon” act, the
Laterne
dignita Carlo Kamila Manick
Montrest
Branches of American Express NY/London Company in Principal cities of United N.Y. Cotton
Oct States of America and Canada)"
Last close 10.20 11.00 4.97% 4.98
Ewo Cottons Sh:$54 n. Shanghai Cotton (old)
$65 1 Shanghai Cotton (new) $40 mL Zoong Sings Sh--$834 nijeda Wing On Textiles Sh. $25 1. Lands, Hotels, etc.
Sh.
New York Cotton [October
December January (1936) March
Mxy
Chief Manager.
May All classes of Commercial Banking NY. Rubber Transactions undertaken.
10.48 10.46
10.55
10.52
HK and S. Hotel $34 m.
July
30.48 10.69 10.38 10.55 10.54 10.39. 10.44 10.58 10.46 10.60 10.44 10.58
10.50
HK. Lands $28 n.
Spot
10.85
11.05
Dec.
12.13
12.13
H.K. Lands 4% Debentures $100
New York Rubber:
September
11.98
11.78
Personal
investment
accounts C. Wheat.
December
12.19 12.99
Sept Dec.
*88%
January
12.26
12.05
90%
March
12.38
12.19
74th
Hauphreys $771⁄2
May
12.52.
12.922
57
HK Realties $4 z.
Chicago Whest:-
Chinese Estates $88 n.
in addition, the world-wide services Amer Smacking
47446%
September
China Realties Sh
December
Department,
All Important: Cities
Bag
Ma Elec Bond &
12 13 E.W. DUGGAN,
Share
44 Manager | General Motors 43%
11 Intel & Tel 10%. Loew's Inc. 4134. Montgomery
Ward
3432 2534
134 -43% -10% 42% 41%
China Debentures Sh $123.1.
Public Utilities.
May
¡Chicago Com
September
8834
·9034. 92
$744
38 89% 912
73
December
56
May
57%
56% 57%
256
Winnipeg Wheat:
24
August
843%
85%
{October
8834
84%
4634
45%
{December
83%
88-
New York Sugan:
(Incorporated in China) Head Office.... Shanghai
Capital
Benceve
Branches
Foreig Exchange
Business" tesosseted.
$7,500,000.00
$1,500,000.00
în "China
and General
Current-and-Saring Accounts opened and Fixed
·Deposits servited for oss, gear ze shorter perioda
at rates, which, wII, bo quoted on application.
SOU Z CHANG,
HONG KONG BRANCH;
2. Dre Vorex Road. Central...
Xanager's Other
Foreign Exchange. Dept.
`General, Offic
Tell me
THE YOKOHAMA SPECIE BANK
LIMITED.
· Fätablished 1880
Capital (full paid-up) Yen 100,000,000 Reserve Fund Ten 125,800,000
Head Office:-YOKOHAMA
„Branches and Agencies äti Alexandzia
Nagasaki
Batavia
Berlin
Bombay
Calcutta
Canton
Dairen. (Dalry} //
-The Company offers to intending C Corn Sept. 744 Travellers the use of its "Travellers
Dea
Cheques" and Letters of Credit and, STOCKS
of its thoroughly equipped Travel Con Gas NY. 292000 991229
THE WING ON BANK NYCentral 23% 24%
LIMITED.
Head Office: Hong Kong 26, Des Voeux Road Central. Authorized Capital $20,000,000
LONDON BANKERS:
Westminster Band, Ltd.
Foreign Exchange and every”, „des-
Standard Oil
NJ
U.S. Steel.
-482-46%
451-46
REICHSMARK QUOTATIONS
Berlin, To-day. Reichsmark
cription of banking business transact-quotations, issued without guaran- tee are: 40.27 Faris, 608.5 Amster
ed,
Trans-Ocean Service.
Current Accounts and Savings Ac- dam, 59.37 London, 123775 Farib. counts opened. Fixed Deposits re cerved at rates, which will be quoted on application Special rates given for Special deposits,
Trusteeship and Executorship m
dertaken. Safe Deposit Boxes for THE MERCANTILE BANK OF
PHILIP GOCKCHIN. Chief Manager
Naguya
New York
1. GOCKCHIN,
OsakxTM*
Asst. Manager
Pelping
Rangoon
Teng tien Malden) Rio de Janeiro
Hamburg
Hankow
Harbiro
Hour Kors
Honolulu
Brinking
“Eobe-
'London LosAngeles
San Francisco
Seattle Semarang
Shanghai
THE
LI SHU FONG Asst, Manager
SHANGHAL COMMERCIAL
SAVINGS BANK LIMITED-
Capital paid up
INDIA, LTD.
HEAD-OFFICE
Authorised Capital". Subscribed Capital. Paid-up Capital Reserve Fund & Eas
HK Tramways $12.50- n. "Peak Trams-(old) $73⁄41⁄2 n.
Peak Trams (new) $5% m Star Ferries $78-b. Yaumati Ferries $17.60 n. C. Light $8.30 B- HK, Electric $59.x. Macao Electrics-$20 n. Sandakan Light $3 «.75 Telephones (old) $20.60 x. Telephones (new) $8.20 n. China Buses 3h.#113⁄41⁄4 n- Singapore Traction 10/6-n- Singapore Pref. 22/6-b.
Industrials
alabon Sugár $34 -*-* Cald. Macg. (Ord) Sh$191⁄2 1 Cald: Macy (Pre), Sh$13 n.” Canton Tces $1.80 ± Cements $2.80 T HK Ropes: $2.15 2. Storis, etc. Dairy Farms $151⁄2 b Watson $8:05 ES Lane, Crawford $3-1 Mackintosh $712 Sinceres $5.3 Wa. Powell Wing On
Macao
steel rings trick by Lio Toi-tsebn and "Statues in Marble" made last night's show an even brighter pro- duction. The last performances will be given on Friday.
A very pleasing organ recital was given by Mr. Lindsay Lafford. St. John's Cathedral organist, last night.
here on Friday, at 6 am
“TORVEVUE IN
MONTEVIDEO” ETC, ETC. ETC.
Prof. WILLIAM DOURLAY'S
TROPICAL EXPRESS NON-STOP REVUE
The as. Behar left Shanghai for 45 ARTISTEST 24 GIRLS! Hong Kong yesterday, and is due 800 COSTUMES! 101 SCENES:
NEW ACTS! NEW SONGS! NEW DANCES!
The as Benlawers is due here! from Manila next Friday.
The RMS Empress of Japan is due here from Shanghai z 8 fam next Friday. She will sail at 5 pm on that day for Mans
Mr. O'Neill Gordon, the tant manager of the Socor Vacuum Corporation.of Building, reports that somet between Monday evening and Con. Con Cen. Com Tuesday morning, somebody stole
No.1 No.3 No. 1 No
2.53
2.55 from his office an electric fan
101 Scenes in 180 Minutes!
ADMISSION PRICES
MATINEE $3, $2, $1 & 50 ctx. Plan
Tax EVENING—$5, $2, $1- Servicemen in Uniform M.S. $1,50 ́BS.. 70-cik. Children half Prices Matinee Only.
270 239 2:56 2.40 valued at $40 and a flag worth $7 Is It
Jan (1936) 2:26. 2.08 2:22m 2:06| March, 20
2:09
May
234
-20T 2.12
New York Silk- September
164
December
157
March
158
1.68% 165 162
Montreal Silver
September
55:25
65.27
December
65.75
65.70
65.80m
(66.801
66.35 66.45
January
Mch
A fine of $100 was imposed Kwok Jan-san, agent of the New Kowloon Theatre, by Mr. ESL Wynne-Jones at the Kowloon Fo lice Court this morning, when de }fendant was summoned for failing to maintain the minimum Hghting in the "Exit" signs and con stairs of the theatre on August
18.45 p.m.
Tree local
RAW RUBBER PRICES Robb, of No.
Latest Quotations From
sions, M 512 T
Insured?
pital