BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Insced and Faily Paid-up
Authorised Capital
Reserve Fonds,
Sterling
6,500,000
Silver
0,000,000
Reserve Liability of Pro-
prietors
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
$50,000,000
20,000,000 Incorporated by Royal Charter, 1853.
HEAD OFFICE BONG KONG."
BOARD OF DIRECTORS
S. H. Dodwell, Esq.
Chairma
20,000,000
HEAD OFFICE- LONDON V
Paid-up Capital Reserve Fund
4:000,000
£3,000,000
Reserve Lishbility of Pro
prietors
$3,000,000
Agencies and Branches:
Alor Star
Troits
Rangoon
Ipak
Banghot
Karachi
Semarang
Batavia
V. M. Grayburn Enq1.
Bomber
Lobe
Shangbai
Calcuties
Kuala
Canton
Lumpar
Gawapoes
Kuching
Singapore Sitiawan Foursba
Taiping
Manila Moder
Menin
Tongkah
New York
Priping
(Bhuker) Testo
Yakobama
CC Xnight. Eng.
Deputy Chairman.
Chief Managet
Hon Mr. W. H. Bell
Hon Mr. J.J. Paterson cabe 4.H. Comptan Esq. T. E. Pearce Esq. Colebe ̈ M. T. Johnson Esq, G. Miskin Ephoor J. A. Plummer Esq. 4. L. Shields Esq. Hamburg
AMOT BANGKOK
MBATAVIA
BOMBAT CALGUITA
CANTON CHEFOO COLOMPO
PARES
ICROV
HAIPHONG
·HAMBURG HANKOW HARBIS
BONGKEY
TOS
JOBORE
KORE
KOWLOOX
BRANCHES
LONDON
EYONS
SEALACCA
MANILA
MUAR (Jobre) MUKDEN
NEW YORK
PEIPING
ESANG
BANGOON
SAIGON
SAN FRANCISCO
KUALA LUMPUR
SHANGHAI
SINGAPORE
SOGRABAYA
SUNGFI PATANI TIENTNIN
TOEM
TSINGTAO YOKOHAMA
Current Ambuat oproed In Local Currency and Find Depoalte recaled for one year or starter pecinta is Lord Cumracy and Shelag on terme which will be quoted on application Hong Kong, 2nd October, 1935.
HONG KONG SAVINGS LANK
The Busine of the above Back in nosdans et by the -TiONG KONG AND SHAKORAL BANKING CORPORATION. Rules may be obtained on application
FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION
T. M. GRATBUKK,
Chin Manage.
Fong Kong 25th February, 1993.
Harbin Home For
Klang
(Peking) Pomig
Zamboanga
Foreign Exchange and General Banking business Current Accounts, opened and Plzně Deposite received for the year or shorter periods at whình: will be quoted on application.
A. BREARLEY,
Manager.
Hong Kong, 1st January, 1935.
THE
THE CHINA MAIL TUESDAY, OCTOBER 8, 1935
Commerce and Finance
LOCAL DOLLAR DECLINES
Silver Prices Fall
9
The local dollar declined
on demand opening
morning at 2/01.
"Spor" silver declined
994 and forward" fell 29
this
to)
to
The London on New York cross- rate was quoted at S-US$4.89 as compared with £US$159 while the New York on London cross-rate was quoted at US. $4.90%, as compared with £— |U.S.$489.
EXCHANGES
TO-DAY'S QUOTATION
AMERICAN EXPRESS COMPANY, On London—
INC.
Head Offices—65. Broadway,
New York
2/0 On T.T. and demand.
2/0% 4 months' sight Credits 4 months" sight 2/14 On Shanghai-
On demand
131
Capital
Calutin
Седем
Colombo Copenhagen Dubila 725nburgh Floreate GODETE
US$6,000,000,00 2:183,633.06
870731.05
On Singapore—
On: demand
Flehdelburg
Interisken
JOE HY THAT WA
London
Liverpool Lucerne,
Laser Marteen Monte Carlo
Mania
Nanjem
Montreak
Priping
Palermo
Shimachal
Southamylon.
Singapore tossin Taormina,
861%
LOCAL SHARES
TO-DAY'S QUOTATIONS
The following is the list of lock) | share quotations issued to-day:
Banka
{» H.K.“Bank $1,000 d.
HK Bank: (London) £104. n. Chartered Bank 513 n- Mercantile Bank A. and
1 5293/14
Mercantile Bank C. 413 1. Bank of East Asia $60°`n.
Insurances
Canton Ins. $180 2. Union Ins $370 bi China Underwriters $1.10 г. China Fire Ins. $382 m. H.K. Fire Ins. $180 n. International Assee. $4 n.
Shipping
Douglases $36 n
HK Steamboats. $4-1. Indo-Chinas (Pref.), $30 n. Indo-Chinas (Def.), $12 n. Shell (Bearer) 71/10% 1 Union Waterboats $113⁄4 n-
Mining
CHINESE EXPORTS
AND THE WAR
Increase In Silk, Tea And Wood-oil
BUT SURPLUS OF IMPORTS STILL GROWING
Chinese
July and
Nanking. To-day-
exports during last
NEW YORK STOCK
MARKET
NEW
ADVERTISEMENTS
Favourable Trend In A S. WATSON & CO. LIMITED
Trade Generally
MARKET NOT AFFECTED BY WAR AS YET
In their market report. Messra.
NOTICE.
| Or THURSDAY, the 10th October.
All Departments will be CLOSED. The Hong Kong Dispensary, Dispensing Department.
S. E Levy and Company, corres-will be open for dispensing pre-
August have been pondents for Messrs. White Weld scriptions from 10 am to 1 p. stimulated by the Italo-Abyssinian and Company, New York, state:-and from 6 pm to 7.30 pm
Stocks-As long as the Italo- dispute, on account of which there
be: The Kowloon -Dispensary will
Total sales: Carn: 10-
BANK HOLIDAY
has been a marked increase in the Ethiopian war continues to export of silk. tea and wood-oil localised, we think that the mar-be open for business from 10 am
ket will remain immune from warto 1 pm. according to information from the
shocks. Business done: 950,000 R.Ministry of Finance.
shares. Should the scope of the Italo-i
Grains: The statistical posi-|- Ethiopian war be expanded and
tion of wheat favours holders.
TN Accordance with Government however other powers involved.
Actorsave wat An irregular. but higher market!
EXCHANGE the situation would undoubtedly
In cars, we favour BANKS will be. CLOSED for the be changed, and China would be is expected.
Transaction of Public business on compelled to look elsewhere for purchases on dips.
$6,926.000 bushels.
THURSDAY. 10th October, 1935 her market.
731,000 bushels.
(The Anniversary of the Chinese In an analysis of China's import
Cotton: The crop has been
Republic). and export trade during the first damaged by killing frosts in a few
of this year. it is eight months
points along the Mississippi: shown that the export trade was alley and North Georgia Trade stagnant in
the first half-year.
on a heavy scale. [buying, was (while the volume of importiTM was
larger compared with that of the Members of the New York Cotton THE Undersigned have received Exchange estimate the forthcom instructions to sell by Public corresponding period in 1934.—
ting crop report: at 11370.000 Central New Agency.
bales. We would favour pur
Од chases.
Monday, the 14th October, 1935 commencing at 230 pm2
Surplus
Reserves
Amsterdam Astwerp
BRANCHES:-
GUDICIA
langor
On Japan-
Antamoks `74 cts.
Mam. Kier
On demand
1723
Balatoes $14 1.
Berlia Boenbey
Brunnels Cairo
The Hague HAT -Hamburg Патт
Kaples
On India-
Baguio Gold 24 cts, n.
Piraeue
Paris
On T.T. and demand
13323
Benguet Consolidated $11's
On New York-
Benguet Exploration 13 cts. H.
Rotterdam
On demand
49%
Benguet Goldfeld.
•
Credits 60 days" sight
51%
Big Wedge 8 cts. I
On Batavia
Gold Creek 30 cts. A...
On demand
73
Gold River 5% cts. sa.
On Paris-
Ipo Mining 90 cts. 12.
Venice Jokohama Zarina
On demand
750
Itogons 36 cts. D
Credits 4 months' sight
793
Salacote 15 cts. D.
J
On Saigon
Kailan Mining Ad. 10/6.n.
On demand
74%
Langkats (Single) Sh-$13 m
On Manila-
$10,000,000,De
All classes of Commercial Banking Transactions undertaken
On demand
.99
On Bangkok-
Shai Exploration Sh.34% = S'hai Loans Sh. $54 n. Raubs $6. Bir-
On demand
9134
Personal
investment
handled
accounts Sovereigne bank buying rate 2/111⁄2
Bar silver per uz
293/
<
m
Docks, etc. HK and K Wharves
$72 n
(old)
дого
(new)
par.
3% p.z. 30% dis.
par
Branches of American Expressi
States of America and "Canada"">
THE BANK OF EAST ASIA, LTD. Company in Principal cities of United
Anthorised Capital
Paid-up Capiim Pro 2,480,000.00 Esserve and Cadivided
HEAD OFFICE HONG KONG
20. Des Faux Bord. Contral
BOARD OF DIRECTORS:- Shou-son Chaw, Chainen.
Li Emon Chan, E. & Rack - Woo Yo To Eq. Chan Ching Shok. Eng
Id Ima
The Company offers to intending Bar silver in Hong Kong Travellers the use of its "Travellers Copper.cash
Fang. Eng. Wong Chu Som Faç. and Tan Ting Cheques” and Letters of Credit 20 Copper cents.
Fo. Est
Amoy
Ian Toor Fo. Ing. Chin? WaIRENE.
Ise Fong. Eng. Manager.
BRANCHES AND AGENCIES:—
Monika
Scuttle
Batavia
· Melbourne
Bemarang
Bambay Calcutta... Caso Haiphong Hankow Honolul
Shanghai
New York
Singapore
Parn
Soumbaya SABDOME
„Penang "
Talace Loodoo
Perping
Rockstars
Saigon But Franciaen
وع
Zaiboku. Turtain Tokyo
Vancouver Tokobara
Every description of Beaking and Exchange bizione tracyacred Loans granted on approved
curities."
Current Account opened in Local Currency and Fixed Depona, recaired for co You E aborter periods in Lost and Foreign Currencies erran which will be quoted on applicatica Safe Deposit Boxes To
KAN TONG PO.
Chind MoonenT-
THE CHINA & SOUTH SEA BANK, LIMITED
(Incorporated in China)
Head Office Capitel
Reserve
Branches
Foreign Exchange Busine transacted.
Shanghai $7,500,000.00
$1,500,000.00
All Important Cities) in China
and Gezend
Booking
Current and Saving Acopiata opcoed, and Fized) Depoise wived for one year of shorter perioda ・mi, rules which will, de quoted on application.
SOU Z. CHANG.
HONG KONG BRANCH:
24. Das Torax Boad, Central
Manager's Office
Foreign Exchange Dept.
General Offor
Cashier's Office
....Tel. 25/25
38567
THE YOKOHAMA SPECIE BANK
BLIMITED.
Established 1880
Capital (full paid-up) Yen 100,000,000 «Reserve Fund" "....... Yen. 127,450,000
Head Office: YOKOHAMA
Brancher and Agencies at:
Nagasaki Nagoya New York
-Batavia
Berlin
Bombay
Calcutta
Canton
Osaka
Paris
Peiping
Dairen" (Dalny) “Bangoon Venetien (Mukden) Rio de Janeiro
Hinking
Karadi
în addition, the world-wide" services of its thoroughly equipped Travel Rate of native interest Department
Chinese Sub Coin Hong Kong sub, coin
E. W. DUGGAN.
Manager.
THE WING ON BANK NEW YORK STOCK
LIMITED
Head Office: Hong Kong
26. Des Voeux Road Central..
Authorised Capital $10,000,000
LONDON BANKERS:-
Westminster Band, Ltd.
EXCHANGE
Latest Quotations
October 3.
The following quotations were re- Foreign Exchange and every desceived by Beuter:- cription of banking business transact
ed...
8. Last
close .10.20 11.00
4.894 4.89%
Current Accounts and Savings AcNY/London 4.89% counts opened. Fixed Deposits re- Cotton ceived at rates which will be quoted
Oct May on application. Special rates given for Special deposits.
N.Y. Rubber
Dec.
Trusteeship and Executorship.........un- dertaken. Safe Deposit Boxes for Chic Wheat hire.
11.00 11.00 11:01" 11.09 11:05 12.11
Venz; Goldfield $2.90 n.
HK and K. Wharves
$70 H.K. and W. Docks $9 n. Providents (old) 55 ets b. Providents (new) 20 cts. D. Hong Kew Sh. $240 n. New Engineering Sh$4 n.. Shanghai Docks.
Cotton Milk,
Ewo Cotton Sh$53⁄4 n
Shanghai Cotton (old)
$65 11.
EMPLOYMENT IN BRITAIN
Large Increase In Past Month
London, To-day.
The increase in the numbers of people in employment continued during September.
Rubbert-Restriction is beccm- ing more effective. A good-sized advance is likely when this fact is more generally realised. Total Isales: 70 lots
PUBLIC AUCTION
Auction
at their Sales Room, Duddell Street
A Quantity of
VALUABLE HOUSEHOLD
A FURNITURE
Fash: Steel mill activity dar- ing the past week is estimated at comprising: 49.7 per cent of capacity, against
50.8 per cent the previous week
Dining Room and Bed Boom Furniture, Chesterfield Saites,
The magazine Standard Statie-Office Furniture, Carpets, - Rugs. Pictures,
tics report:
Ornaments,
Cloaks,
- Continued conservatism is ad-Glass and: Cloisonne Ware, Por- vised. pending an assurance that celain and Brass Ware, Type-
The Ministry of Labour estim-war unsettlement is completed writers. Sewing Machines, Grama. ates that at September 25 there Trade trend is generally favour phones and Records, Ice Chests.
A gain is indicated for Linen, etc, etc- were approximately 10,435,000 in-jable.
October. Buying is likely to sured persons between the
ages
معلم
A Selection of Black Wood of 16 and 64 in employment in become more selective, with closer
This was 11,000 scrutiny to eatings of individual Furniture Great Britain.
and more than at August 26 and 192-companies. 1000 more than the year before.
Supreme Court action in test!
One "Servel" Electric Refrigera-
One Kelvinator
At the same date the numbers cases is likely to be a temporary tor of unemployed persons on the re-infiuence. gisters in Britain totalled 1,958,- 610, comprising 1,576,425 wholly unemployed, 298,845 temporarily laid off, and 83,340 normally casual employment.
The total was 10,646 more than at August 26, but 123,377 less than the year before. British Wireless Service.
Latest Quotations
The following quotations were received by Reuters
Prev. To-day's
close
NX/London
Cross-zie...
489 NY. Cotton Oct.
--- 11.00 NY. Rabber Dec... 12.45 Chicago Wheat Dec. 108% Chicago Corn Dec. 64%
4.9074
11.05 12.92
1078
64%
SB KEROSENE PRICES Montreal Silver Dec. 67.00 66.75
Shanghai Cotton (new) $40 n. Zoong Sings Sh. $81⁄2
Wing On Textiles Sh. $25 1.
Lands, Hotels, etc.
HK and S. Hotel $3.10 b.. H.K Lands $24.40 a. H.K. Lands 4% Debentures $100
Shanghai Lands Sh-$13.90 n. Metropolitan Lands Sh. $10 m. Humphreys $73% 1.
Chinese Estates $86 n
Peak Trams (old) $51⁄2 n.
12.25
12.22
12.20
Deci
PHILIP GOCKCHIN
May
Chief Manager
Chic Corn
L. GOCKCHIN Asst. Manager
LI SHU FONG Asst Manager
Dec.
May
108 105%..
64% 62
1072
HK Realties $4 1.
104%
644
61%
STOCKS:—
China Realties. Sh.44 1. » Chna Debentures Sh-$35 n. - Public Utilities
| Amer Smelting 51-
514
Anaconda
Copper
2234
51
227% 22
HK Tramways $10.60 h.
$2
Con Gas of
NY.
Elec Bond li
Sbart General Motors 45 Int Tel & Tel 9 Loew's Inc.
Montgomery
Ward
274
12%
27
27%
324 12 461⁄4
46%
9%
914
42% 4274
31
31 314
N.Y. Central: Standard 01 POLNJ
US Steel
20%
2134 21:
434
·43%
437% 44% 44%
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)
Capital paid up ---- $5,000,000,
Reserves
$7,300,000. Capital Savings Dept: $500,000. Reserve Savings Dept $600,000. Head Office Shanghai
A Bank having as its zuission the industrial development o China and the fostering of her commercial relations abroad. Hong Kong Office
Ice House St. Phone 3145%-2-3
Is It insured?
Insurance (11) Cláumen WE LOWEST RATESO American Asiatic Underwrite
Fed Ine, USA. General Agents.
Hambúrg
San Francisco:
Hankow
Sextile
Harbin
Semarang
Bong Kong
Shanghai
Homolom
Singapore
Head Offer 17. Bund
Shanghai
Sourabaya
Sydney.
Kobe ***
London
Los AngelesTM
„Tainotag“
Yingkow
Mofi
**Interest allowed, for Current: Ac
received for fixed per
-at rates to be obtained on appßšestio
C. KISHIN,
Hong Kong, 12th September, 1935
HE. Ofice
Building:
QUALITY PRINTING
Peak Trams (new) $5 n.
Star Ferries $78-1.
C. Light $7.95. s.
Announcement By A.P.C.
Four Film Projectors
On View from Saturday the 12th. October 1935.
Terms: Cash on Delivery
LAMMERT BROS,
Auctioneers.
Hong Kong. October 8, 1935-
Silver Official:.... 65%
65%
gone..
Dow Jones Average: 130 Industrials 130.35 130,77-1.42 up +20 Rails
*32.734 33.28 55 ap 20 Utilities ·24.70 21.86 16 up 95.84 8588 .04 op The Asiatic Petroleum Company 40 Bonds advises that from to-day their re- 11 Commodity
Index tail prices for kerosene, per unit
of approximately 8 1/3 Imperial gallons, will be as follows:-
and
Silver light $3.28 (cases) $3.00 (new tins); Crown $2.85
3787 57.74 13 off Business Dote:--950,000 shares.
(new tins), Crown (in returnable COMMODITY PRICES drums) $2.45 (bulk); Lampglass The following quotations have
and Rising Sun $2.80 (new tins);
Prev. Yesterday
Closing Closing
Lampglass (in returnable drums), been received by Benter.
$2.59 (new |$2.40° (bulk); Cross 10.70 tins) Cross (in returnable drums) New York Cotton:——
$2.19 (bulk).
Yaumati Ferries $17 n.
H.K. Electric $523⁄41⁄4 b., $53.15 sa.
Macao Electrics: $20 1,
Sandakan Light $3 a.
Telephones (old), $17.10 b.
Telephones (new) $6% & China Buses Sh.$11% n. · Singapore Traction 10/6 z.
The
RAW RUBBER PRICES Singapore Pref. 25/- 2
Latest Quotations From Singapore
Messrs. H. R. Joseph and Co. have received the following Straits Currency Quotations from Singa- pore for raw rabber.
Spot 19 % Unchanged b. 19
November/December 19
Down / b., 20 s. January/March (1936) 20%
Downb, 205 April/June (1936) 20% Down
1/2 04 21 1⁄2 s Market: Quiet. :
REGISTRATION OF ALL BROKERS IN CHINA
nking, “ To-day. The Mi
dustry is shortly-ordering „broker-and and commodity exchanges in
Renter
· Industrials Malabon Sugar-381⁄21⁄2 n- Cald. Macy. (Ord) Sh.$19 Cald: Marg, (Pre£)," Sh$18 n. Canton Ices $1.60 n. Cements. $3.1234 n H.K. Ropes $160 b. Stores, etc.
-Dairy Farms $14:60 n.
•Watsons $290 1 Lane, Crawford. $3 n. Mackintosh in.) “Sinceres “$2.80" sa.
Wm. Powella-70, chain. Wing On (EARA+55)
Entertainme
SC Enterprises $1,35_n. Macao “Greyhocindami 2) n. Constractions. (old), $1.10 : M.,. Constructions (new) 25 cis. n Vibro Piling $4, 2, (n Ch. Govt 5% 1925 G$Bds.
91% n
HAKA GOTL::
HK. Govt. 312 Loan 3/20 Wallace Harpers $4
October
LAND LEASING IN December
CHINA
January March May
New Regulations For July
Foreigners
Shanghai.
Within specified areas in Tun-January nantu, Nanning and Tungshing, March foreigners may lease lands for May the construction of houses as "re-July sidences or to carry on business, Chicago Wheat:-
Chinese December but they must observÉ
: Everything
BUT YOUR
SAVINGS
RENT
FOOD
CLOTHING
HEAT
SAVINGS
START NOW UNDERWRITERS
SAVINGS BANK
TAXES
1105 11.00 1096 11.06
WATER
11.00
11:11.
CHITS
11.04
1157
11.09
11.20
11.11
11.23
Spot New York Rubber- December
11.35 1140
12.25 12:22 12.34
SAVE SOMETHING
12.29n
12.49
72.44
12.62
12.57b.
12.73
12.700
108
(1070)
laws and mandates, according to May a series of provisional regulations July drafted by the Ministries of Com Chicago Com:~ munications and Foreign Affairs December and passed by the Executive May.
105%
96
10484
FOR THE FAR EAST,
94%
INC.
64%
643
Asia. Life Building
613%
Eort Tour
Ynan.
July
62%
The name regulations provide Winnipeg. Wheat:- that the maximum period of lease October within such areas; is 30 years, Decembery upon the expiry of which the cop-May... tract of lease may be renewed for New York Sugar: another 30 years, after which the December lands concerned will be uncondi-January tionally returned to the ownets, March” while the buildings, etc. thereon May. will be purchased by the Chinese July authorities, says a Chinese press New York Silk: report.
96.
94%
96%
100%
*258
2.53
2.21
216
2.19
--2.15.
2.23
.2.19
2.27
2.23
Decem
186
1842
March
186
1.842
SAW HUSBAND DROWN
May
186
$184
Edwin Albert Paines,
67.000
Tel 30234
98% SANITARY BOARD
Agenda For To-day's Meeting
to-day's
meeting
the Sanitary Board applications for an eating house licence No. 21, Lee Yuen Street Best; ground floor, and for the registre
66.45 No. 38. Sing Wo Road 67.201 66.60m floor, as a dairy will be consid -67.65t
67.00 led, as will also the
67.25b 13y returna.
68:30€