BANKS
HONG KONG AND SHANGHAI
BANKING CORPORATION
Authorised Capital
$30,000,000
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Issued and Fully Paid-up 20.000,000 Incorporated by Royal Charter, 1853 Reserve Funds
·Sterling F. 6,500,000 "Süver ... $ 0,000,000 Reserve Liability of Pro-
rrietors
Paid-up Capital 20,000,000 Reserve. Fund....
HEAD, OFFICE HONG KONG:
•BOARD OF DIRECTORS,
Chairmen
CC Knight. Esq.
Deputy Chair
T. X. Graybara Eng.
Cilert Manager,
AW. H. Bell, Esq. K. S. Morrison Esq
A. H. Compton Esq.
Reserve Liability
prietors
Bor Sr
Agencies and· Branches:
HEAD OFFICE: LONDON
"Pro-
£3,000,003 £3,000,000
£3.000.000
Body
Ipob
Larchi
Calcutta
Tcmpres
Cawnpore
Kaching
Manis
Medan
Rangoon Ksigau Setserang Seremben Shanghai Singapore Stivena Mograba Taiping Tiectwin Touc
Haiphong
New York
Hamburg
Piping
(Peking)
· Amrimar
Bangkok Bateria
MT. Johnson, ExQ+ Calcate Hon Mr. J. J. Paterson,
G. Miskin, Esq. T. E. Pearce, Esq.
BANGKOK
IAMATTA
BON BAY CALCUTER CANTOS CHIFFOO CELOMBO
FOOCHON KUPUO
HAMBURG
HANKOW
HARRIS
HORGAEW
TLOTLO
ZOTIORE
KABE
KOWLOON
BRANCHES.
LONDON
MALACCA
MANIZA
MUAR (roboret MUEDEN
NEW YORK
PEIPING
PENANG.
RANGOON
SAIGON
SAN FRANCISCO.
KUALA LUMPUR
SHANGRAT
SINGAPORE
KOCKABATA
SUNGEI PATANI
TIENTSZK
ΤΟΠΣΟ
TSINGTAO TOKORKMA
Coat Areosats opened is Local Currner Bo Fixed Depoelzs erived for woe year or shorter perioda in Local Carney and Sterling on terms which will be quoted on applications
Hong Kong. 6th April, 1935.
“HONG KONG SAVINGS BANK
The Basiness of the show Bank is conduct by the HONG KONG AND SHANGHAI BANKING CORPORATION
obtained on application.
| Baskıya Harbin
(Bbuker) Tringas
Torokera
Zamboanga
Home Boar
Foreign Bodenge and Genam) Baking businem
trometed
Current accounts opened and Pizać Dejot | trevived for one year or aborter'sarioda: at rates. | which will be quoted on applienałam. -
A. BREARLET,
Manager. Hong Kong 1st January, 1935.
THE CHINA MAIL THURSDAY, SEPTEMBER 19, 1935
Commerce and
Finance
LOCAL DOLLAR IMPROVES
Silver Prices Steady
The local dollar has advanced 4. opening on demand this morn- ing at 2/02
Silver prices, however, remain- ed' steady," "spot" at 29-5/16 and "forward" at -29-5/16 -
-
The London on New York cross- rate was quoted at $US34.927%, as compared with £-US$49435. while the New York on Lon- don cross-rabe, was quoted at £—US$493%, as
compared with £—US$498.
EXCHANGES.-
TO-DAY'S QUOTATION
AMERICAN EXPRESS COMPANY, On London
INC.
Head Office:-65, Broadway, New York
Capital
Samplas Reserves
US$6,000,000.00
kranteedaan Antwerp. Aldens
BRANCHES:
Gece
Ginagom The Hagus Havson. Hamburg
2181633.05
870,731.05
On Singapore...
On-demand
LOCAL SHARES
TO-DAY'S QUOTATIONS
The following is the list of “ocal share quotations issued to-day:
Banks.
HK Bank $1,015 n
H.K. Bank (London) #105 x.. Chartered Bank £123⁄4-n Mercantile Bank A
£294" n
Mercantile Bank C. 1123⁄41- Bank of East Asia-5761⁄2 n.
Insurancns
Canton Ins. $180 n. Union Ins: $980 2.0 $375 38. China Underwriters $1.10 m. China Fire Ins. $332 n HK Fire Inx. $180 m International Assće. $4 +2**
'Shipping":
Douglases 436 0.
HK Steamboats $4. Indo-Chinas (Pref.), $30 m. Indo-Chinas (Def), $12 n. Shell (Bearer) 70/- 1. Union Waterboats $113 n
Baguio Gold 24 cts. s.. Benguet Consolidated $12.10 Benguet Exploration 13 ctx. 11. Benguet Goldfield 10 cts u.
On demand
2/26
4 months' sight
2/-5%
Credits-4 months' sight
2/1
On Shanghai
On demand
1304
Mining
ST
· Antamoks. 80, cts. 1- Balatoes $18 m
On Japan
On demand
17344
Niew
On India
Kaplow
On T.T. and demand
135
Pirsace
Bules may de
Basie Berlit Bombay
Paris Paiping
On New York-
On demand
50%
Big Wedge 8 cts.
Bre
Cairo
T. M. GËAYBURK -
Chirt Manager. Hong Kong. " February, 196
Calcula
Heidelberg Interiakam Jerusalem London Liverpool
Gold-Creek 30 cts.
Credits 60 days" sight
5234
Gold River 7 cts. 1..
On Batavia-
On demand
74%%%
Ipo Mining 90 cts. a.
Itogons 3672 cta. n
Largado Insor Marle Monte Carlo
On Paris
Salacots 15 cts. n.
On demand
765
Venice
Kailan Mining Ad. 11/6 n.
Manila
Hanich
.
Tokohama Zurich
Credits 4 months” sight
810
Langkats (Single) Sh. $14 n
Montreux
On Saigon
On demard
761⁄4
On Manila-
Shai Exploration Sh $451⁄2 n. Shai Loms Sh. $54 n.. *Banks $2.5
100%
On demand
90%
Venz; Goldfeld $2.39 n.
Docks, etc. /
accouzės
Sovereigns bank buying rate 2/13%. 29-3/16 Bar silver per oz..
HK and K Wharves
$74
FOR THE HONG KONG AND SHANGHAI BANKING CORPORAZION..
THE BANK OF EAST ASIA, LTD.
Authorised Capital
Paid-up Capital
Beserve and Cadivided Prodre
Cannes Colocabo Copenhage Dublin
Edinburgh
Florence Страна
Eucering
Ročiardam Komer Simachal Southaexploa Singapore Timatela Torrosion
Trout
Branches of American Express $10,000,000.00 Company in Principal cities of United
59,900.00 States of America and Canada, 2,180,200,00 }
HEAD OFFICE:HONG HONG 10. Dei Tour Road Central
BOARD OF DIRECTORS :- Sir Shou-san Chow, Chimen Xon Chun. Ex P. H. Kwok, Esq. Wong Tun Toor Eq.. Chan Ching Shel. Enque Lui Lan Bang. Esgm Foog Che Son, Esq. and Las Ting Pc. Ziy
Kaune To. Eng. Chin! MaungSTIC. Ll The Fong. Eig- Manager.
BRANCHES AND AGESCHES
ماندلا
Melbourne
العمل
Aloy Tataria
Seattle
Semarang
Baby
Hangimi.
Calcutta Cantos Haiphong Hankow
Sew York.
Singapore
Osal
Sourbeye
Parin
Fai
Kowloon London
Priping
الدو
Tartoon
San Francisco
TNBONY Tintain Tokyo Vancouver Tokohezze
Every description" of Basicion and Ex-beegs But transacted. Loand granted on seprowad
securitie
Curhat Accounts uprised in Local Curmary: Fized Demmita received for or war or shorter period is Local and Forrige Commi e terms which, wilt he quoted of application..
Finn Dupoaie Boss To Lot:
KAN 'TONG: PO.
LIMITED
All classes of Commercial Banking Transactions undertakes.
Personal --- investiment handied
The Company offers to intending
-On demand
On Bangkok-
Travellers the use of its zavellers NEW YORK STOCK
Cheques” and Letters of Credit and
in addition, the world-wide services of its thoroughly equipped Travel Department
E. W. DUGGAN.
Manager.
THE WING ON BANK LIMITED
Head Office: Hong Kong 26, Des Voeux Road Central. Authorized Capital $10,000,000
EXCHANGE
September 18.
The following quotations were re- ceived by Reuter:-
LONDON BANKEES: Westminster Band, Ltd. Foreign Exchange and every desi eription of banking business transact- Dec...
STOCKS:-
Last close
NYLondon
4.34
11.00 10.20 September 19. 4.93% 4.93
N.Y. Cotton
Oct May
10.44 10.61
10.53* 10.61 10.77. 10.81
NY. Eubber
Dec.
[Chic' Wheat
Dee.
May
Chief Menacer.
Chic Corn
1143
99% 100%
592
11.52 11:54
99
59%
ed.
Bearing
Current Accounts and Savings Ac- Amer Smelting 50% Feounts opened Fixed Deposits re-Con Gas
26% of NY. Special rates given Elec Bond &.. on application. for Special deposits.
Share
12 Trusteeship and Executorship ***General Motors 46% Safe Deposit Boxes for Int Tel & Tel 10% dertaken. hire.
Loew's. Inc. 45 PHILIP GOCKCHIN
Montgomery Chief Manager
Ward SHU FONGINY. Central L... GOCKCHIN Asst. Manages
Ast, Manager Standard Oil
NJ. U.S. Steel
50%-50
27%
12% 1274
46%
10%
· 10
4472
$4% 2541
3472
34%%%
26
26
THE CHINA & SOUTH SEA BANK,ceived at rates which will be quoted
(Incorporated in China) Head Office ...Shanghai
Capital
Reserve
.$7,500,000.00
--$1,500,000.00.
Branches ...All Important Cities!
in China
Foreizo Exchange and General
Bamines transacted,
Crest and Saving Accounts opened and Fised Dugonita sumired for one year or shorter. periode arten which will be quoted on application:
SOC Z CHANG.
Manager.
HONG KONG BRANCH: 3. Der Voruz Bood, Comeal.
Manager's Of
Foreign Exchange · Dept.,
General Offic
Cambier's Offer
THE YOKOHAMA SPEĆTE BANK
LIMITED
Established 1880
Capital (fall paid-up) Ven. 100,000,000)
Yen. 127,450,000 Reserve Fund
Head Office:-YOKOHAMA
Branches and Agencies at:,
Alexandria
Batavia“
Berlin
Bombay
Calcutta
Canton
Dairen (Dalny)
Fengtien
Hamburg
Hankow
Nagasaki
Naguya
New York
Oszká
Paris.
Peiping
Rangoon
Kakden) Rio de Janeiro
San Francisco
Seattle
Harbin
Semarang
Bong Kong Hoolala
Shanghai
Singapore
Sourabaya
Kobe,
Sydney Tientsin
London
Lokyo.
Los Angeles
TEE
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED
(Incorporated m
Capital paid up $5,000,000
$7,300,000.
Eeserves Capital Savings Dept. $500,000. Reserve Savings Dept. $600,000. Head-Office Shanghai
A Bank having as its mission. the industrial development o
China and the fostering of her commercial relations broad. Hong Kong-Office-Ma
7. Ice House St.) Phone: 31431-2-3
Is It Insured?
LOWEST RATES merican-Asiafic Underw
Fed Inn, USA! General Agents
46%
49% 425 *43 474 48% 43
BERLIN SHARE MARKET
FALLING PRICES - AGAIN REPORTED
-CHINA:MAIL" SPECIAL
Berlin, To-day. The developments in the Italo- Abyssiniah conflict, overshadowed all other infinences on the share market, so that buyers held back, and though the stock offered was small the lack of demand resulted in falling prices.
Even the satisfactory result of the Treasury bond issue and the substantial improvement in foreign. trade in August were not enough to stimulate the market
Fixed interest, securities were also quiet, the tendency through out being uniform. was at 3 per cent Service
Call money Trans-Ocean)
CHARTERED BANK INTERIM DIVIDEND ANNOUNCED
They following te ceived to
HK and K. Wharves
$72-1.
MILK SUPPLIES OF
BRITAIN
Distributors Oppose Marketing Board
APPEAL TO MINISTRY OF AGRICULTURE
London, to-day
NEW YORK STOCK MARKET
Feeling Of Caution
In Outlook
EUROPEAN SITUATION HOLDS LIMELIGHT
In their market report, Messrs.
NEW ADVERTISEMENTS
PUBLIC AUCTION.
"THE undersigned have received:
Te instructions to sell by Pablic
Auction
Од
Tuesday, the 21th- Sept. 1935 commencing at 10 a.m.
A Quantity of VALUABLE. HOUSEHOLD
FURNITURE and
Difficulties have arisen between S, E Levy and Company, corres at No. S. Conduit Road, Ground FL the milk distributors, and the Milk (pondents for Messrs. White Weld Marketing Board regarding the and Company, New York, state- contract for the year beginning "Stocks While optimism con- October 1 in. connection with tinues towards business prospects which the Board has had recourse for the Autumn, the European the limelight. Bto its powers ander the Marketing sitnation holds
Scheme. to prescribe terms which Average prices of railroad and -in pay-dustrial issues to-day again ap provide for slightly incre
hout proximated the recent high levels ments to milk producers change in the retail-petoes will**
of raw and any sudden turn in events
One Eken-Consolette Radio. On view from Monday the 23rd, September 1993
Terms: Cash on Delivery.
LAMMERT EROS...
Auctioneers
would find the market vulnerable Hong Kong. 19th Sept, 1935
The terms are stated by the Hence, our view of the outlook in Central Committee representing the near future warrants a feeling
the distributors to involve an in- of caution Business done: 190 Cinema Notes
creased charge to them of $1,250,- 000; shares.
(Continued from Page 5)
#ECASINO SMURDER CASE”
ORIENTAL THEATRE
000 and they have used their "Wheat The strong statistical right to appeal to the Ministry of position is now more generally re- broader: Agriculture, at the same time ad-cognised and trading is vising distributors to refuse to We would advise purchases, but we sign contracts on the proposed would take some profits on bulges. basis, pending a new decision un- Total sales: Wheat: 68,258,000 Der the machiners of investigation bushels. Corn: 12618,000 bushels with Paul Lukas as the featured
Marketing Cotton: Trading, or the Cotton laid down in the
player, brings to the screen. 'z Exchange to-day was Scheme.
third distinctive portrayal of The Board maintains that the Liverpool interests were heavy Philo Vance, S. S. Van Dine's distributors margin is insuficient buyers, while "spot houses readily famous fictional detective
schive.
The "Casino Murder Case.”
Rather than present a purely to enable them to meet the extra absorbed Equidation. We favour
dramatic mystery the producer, charges without hardship and is scale-down purchases.
Flash: Average daily petroleum Lacien Hubbard, has chosen to taking measures to provide for an n-emergency distribution in case an production for the week ending make the latest Philo Vance agreement is not reached by the September 14 was estimated thriller an unusually humorous end of the month-British Wire-2,750,000 barrels, against 2,650,000 yet mystifying story with rapid- barrels the previous week.” The fire action and sparkling dialogie. less Service.
Edison Electric Institute esti That the new picture has its
THE KMA. COAL FRANCHISE
Rumours Officially Denied
Tientsin. To-day.
mates weekly electricity produce funny moments is assured by the
tion at 1,828,000,000 ̃kwh, an in-jfact that the inimitable Alison crease of 119 per cent over the Skipworth is prominently'cast as corresponding period of last year the domineering "Mrs. Llewellyn” The magazine Standard Statis-faround whom much of the action
circles ties reports:
Cotton: We advise purchases on
any setback during the current “MURDER AT THE VANITIES"
-STAR THEATRE crop movement.
In an announcement issued yes Wheat Domestic prices should
This musical extravaganza eme- Terday, the, Kailan Mining Ad-advance as the statistical position (old)ministration formally denies the improves. We recommend par-bodies all the attractions of a good singing and dancing picture and rumours circalated by some for-chases.
The Hides: Present prices are disa murder mystery as well. (new) eign news agencies, to the effect
that the Kailan Mining Adminis-counting the sizeable statistical story tells how a person is killed
(in the middle of a variety show. tration had considered the sale improvement by reactions.
The Silver: We recommend ample
suspects include. Carl of its franchises to the South Manchurian Railway Company.jcoverage for forward requirements Brisson, Kitty Carlisle, Jack Oakle Copper: We would accumulate and Gertrude Michael Victor Such rumours, it is stated, are
moderately.
MacLaglan is the "not so dumb” Labsolutely groundless.
detective.
HK. and W. Docks $9 n. Providents: (old): 55-ets. 'n. Providents (new) 29 cta: za Hong Kew Sh. $240 n. New Engineering Sh. $4 a. Shanghai Docks Sh.$78 n.
Cotton Mills Ewo Cotton Sh.$6 n. Shanghai Cotton (old)
· $55-1. Shanghai Cotton (new) $40 Zoong Sings Sh. $34. Wing On Textiles Sh. $25 n Lands, Hotels, etc.
HK and S. Hotel $3.10 2 HK Lands $221⁄2 n
Latest Quotations The following quotations were received by Reuters
Prev. To-day's close close
NY/London
cross-rate
“BRIGHT EYES”—MAJESTIC
THEATRE-
The wonder child actress, 43% 43% Shirley Temple, who has already 10.44 10.63
been elected the most popular 11.52
actress in films for this year, comes to the Majestic in one of 66.14 - the her many fine pictures, “Bright 65%
Eyes"
This no- NY, Rubber Dec. 1. 1143
98%
58%
Since the Manchurian incident four years ago, the South Man- churian Bailway Company has She captured a part of the coal market of the Kailan Mining Administra- As a result, much over- - tion."
produced coal has been piled up NAY. Cotton Oct In many of its yards. counts chiefly for the spread of Chicago Wheat Dec. 99% such rumours, that, in order to Chicago Carn Dec. 59% protect its interests, the Kailan Montreal Silver Dec. 66.10
Silver Official
65% --% Dow Jones Averages Mining Administration has been considering the sale of its fran- 30 Industrials. -133.11 chises-Central News Agency. 20 Raps · 36.16 36.74.158 up
20 Utilities. 25.85 25.84 01 down
96.52.96.57. 05′ up 40 Bonds 11 Commodity
Index 54.99 55.02 03 up Business Done:-1,940,000 shares.
HR Lands 4% Debentures $100
Shanghai Lands Sh. $201⁄2 n. Metropolitan Lands. Sh. $10 a Humphreys $152 1 HK Realties $4'a Chinese Estates $39 n. China Realfies Sh.$4 m. China Debentures Sh.$123 1.
Public Utilities
H.K. Tramways $104_n. Peak Trams (old) $51⁄2 n. Peak Trams (new) $5 n.. Star Ferries $78 s Yaumati Ferries 317 n. C. Light $8.05 $8.00 sa H.K. Electric $52 b. Macao Electrics $20 a Sandakan Light 33 s. Telephones (old) $18.15 b. $182
Telephones (new) $72 s, China Buses Sh.$114 n. Singapore Traction 10/6 n. Singapore Pref. 22/6 b. Industrials____ Malabon Sugar:381⁄2 a Cald., Macg (Ord) Sh.$19% Cald: Marg (Pre), Sh 13 Canton Ices, $1.80 2. Cements $2.90 1 FLK. Ropes $2.15 8.
Dairy Farms $143% n Watson: Sen Lane, Crawford 33 m -Mackintosh), VELLE
Sinceres 31.
Wm. Powell 70 dis. Wing On (HK)- $55
Entertain
S. C Enterprises Macao Greyhoun Constructions (old Constractions (1) Vibro Piling 24 1
5% 1925 G$BJE,
BRITISH TRACTORS FOR OVERSEAS Export Quadrupled This Year
London, to-day Exports of British-made farm tractors have grown remarkably
COMMODIFY PRICES |
The following quotations have been received by Beuter.
Prev. Yesterday Closing Closing
$10.44 10.63
this year. For the first six New York Cotton:-- months of 1935 they were four October times as great as for the same December period of last year.
January
of March
10.47 10.67 10.50 10.59
The improved condition work agriculture and growing May mechanisation explain the expan July sion of the demand for tractors Spot from the United States, Canada, New York: Rubber: America, South Africa September South New Zealand and other countries December. --British Wireless Service.
January
March
RAW RUBBER PRICES May
The picture has its usual quota of laughs, while Shirley sings quite often. Her fans will have ample opportunity to admire her las this is practically a "one girl
[show."
gone..
Everything
BUT YOUR
SAVINGS
RENT
10.55 10.79 10.64 10.82
10.65 10.90
10.30
11.00
FOOD
CLOTHING
11.274
11.28b
11.43
11.52:
1151
11.50
HEAT
1165
∙11.74
11.80% 1ST
TAXES
Chicago Whee
98%
97
¡December
May
99%
987
WATER
-100%
99%
Chicago Corn
812
CHETS
+584
593/
58%
924
SAVINGS
+94%
SAVE SOMETHING
97
9674
2:56
Latest Quotations From September
Singapore
Messrs H. B. Joseph & Co. have September received the following Straits Cur-Decem rency quotations from Singapore May for Raw Rubber
Winnipeg Wheat:
October: Spot 18.4 Up / b. 19.3. October/December 18 4 Un- December
¡May changed b. 19 &
New York Suga
January/March (1936) 19
Tuchanged b, 19% & April/June (1936) 20 % Up %
March
REICHSMARK QUOTATIONS
Market teadier
START NOW
UNDERWRITERS
SAVINGS BANK
FOR THE FAR FAST
Deposits
tes to be
Hong Kong With