BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorised Capital
$50,000,000 Issued and Fully Paid-up.. 2,000,000 Reserve Funds:-
$6,500,000 £ Reserve Liability of Pro-
OF DIRECTORES St Emily
NWARD OF
Стын граната
C. C. Knight, Esq.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1855. HEAD OFFICE: LONDON
Sungkek
Batavia
Sutra Put
Sterling
Paid-up Capital
Reserve Fund
£3,000,000 £3,900,000
prietors
„$20,000,000
Reserve Liability of Pro-
prietors
3,000,000
HEAD OFFICE, HONG KONG,
Agencies and Branches:
Alor Star
Tailo
Bangoon.
Ameinar
Tpok
Saigon
Kamchi
bemarang
Filare
Kade
-Shanghai
Krunia
Singapore
Lumpet
*Tam to 3622
Kuching
Sonara, baya
Madras
Taiping
Mayila
Medan
Tungkal
New York
("Blader)
Hamburg
Piping
Tractio
| Hankow
(Teking)
Tokolo
Prants
Bong Kong
Depute Chaith
Hon. Mr. W. H. Bell.
Bombay
| Calcutta Canton
Hon. Mr. J.J. Paterson pre A. H. Compton Esq. T. E Pearce Esq., Cebu
M. T. Johnson Esq. G.. Miskin Esq- Colomb J. A. Plummer Esq., A. L. Shields Esq. Raipon
wor
HANGKOK BATAVIA
MAY OSLOVI"TA
CANTOX
CBX10
COLMING
DAIBEN
F
1. marta, Eng
STATTHTONG
FLANDIERON
HANKOW
HAREIN
HONGKEW
ILOILO
IMH
JOHORE
XORE
KOWLOON
Churf Munt.
BRANCHES
LONDON.
LYONN MALSAVA MANILA
AR (Johore)
MÜRDEN
NEW YORK
PEITIMA
PINANG
RANGOON
SĄMON
SAN FRANCISCO-
XALA LUMPUR
~HANGHAI
SINGATURE
SOURABAYA
WIFI PATANI
TIENTSIN
Testres
TNINGTAO
YOKOHAMA
'Current Biotita expr in. Inpal Curency
・and lized humorissant get into your or aketen geude im Lowai Kurrency and Sterling
• Sturt will be qurant is application Hong Kong, ad Orgàr, DA,
HONG KONG SAVINGS BANK.
· Tan Bacon of the above Entrà in conducti
d by the ING RONG AND SHANGHAI BANKING CORPORATION,
otted on apricatio
FOR THE BONG KONG AND SHANGHAI BANKING CORPORATION,
V. M. GRAYBURN,
Tenzin
THE CHINA MAIL, TUESDAY, OCMBER:15, 1935
Commerce and
Finance
LOCAL DOLLAR
FALLS
Silver Prices Firm
The local dollar has declined 19, opening on demand this morning at 2/0 d
Silver prices were steady, at 29% and 29 7/16.
The London on New York cross- rate was quoted at £-U.S.$4.90, 33 compared with US$490|
London while the New York on
W25 quoted
Forrige Exchange and Groval Banking bus cross-rate
fratmacted,
Current Arceunde opened and Fixed Deponita S-US$1.90%- [received for can get or shorter periods at rates
|which will be quoted on application,
A. BREARLET,
Manager.
Hong Kong, 1st January, 1935.
THE
AMERICAN EXPRESS COMPANY,
INC
Bead Office: 65, Broadway, New York
Capital
Surplus Reserves
Atiran Atestat
Lokaii
Liverpor
Length Lurna
Tiણ
B
EXCHANGES
TO-DAY'S QUOTATION
"LOCAL SHARES
TO-DAY'S QUOTATIONS The following is the list of local share quotations issued to-day
Banki
HK. Bank $1,015-b.
H.K. Bank (London) £10511⁄2 Chartered Bank £134 n.
x.
NEW YORK STOCK MARKET
Industrial Securities Should Advance
NEW ADVERTISEMENTS
VICTORIA CLUB
NOTICE
EMBERS of the above Club
CALMER VIEW TAKEN OF MM hereby notified that the
EUROPEAN SITUATION A
HONG KONG CRICKET CLUB.
NOTICE
TOTICE IS HEREBY GIVEN THURSDAY, the
No
final selections from the leading 24th October, 1985, a drawing for sporting papers in London for the the redemption of thirty (30) De- will be held in the
| dentures-
In their market report, Messrs. Cesarewitch will be on view in the SE Lery and Company, carres Club-room on the first floor, King's Pavilion at 5.30 pm. pondents for Messrs. White Weld Building, Connaught Road Cen- The numbers of the Debentures and Company, New York states-tral. at 10 am on Wednesday drawn will be published in the
Stock: A calmer view of the October 16.
Hong Kong Government Gazette Information regarding prices and the local Newspapers, and European situation, together with
a cessation of selling of railroad for both the Cesarewitch and the holders of drawn Debentures may, Mercantile Bank A. and Rissues, caused industrial issues to Cambridgeshire for single and upon given notice to the Trea-
-2287 m
Mercantile Bank C £12% 1. Bank of East Asia $50 n. V Insurances Canton Ins. $180 n. Union Ins $375-b.. $550 3. `China Underwriters $110 m.
ChalnayFire Ins. $382 n. HK Fire Ins. $180 n.. International Assee. $4 n.
Shipping
Douglases $36 n.
HK. Steamboats $4.n. Indo-Chinas (Pre£), $30 n. Indo-Chinas (Def.), $12`n. Shell (Bearer) 73/9, n. Union Waterboats $111⁄4 n-
Mining
Antamoks 70 cts n
Balatoes $14 n. Baguio Gold 22 ets. 1 Benguet Consolidated. $10.60
$10.40 $2.
Benguet Exploration 13 cts. D.
Docks, etc.
advance. We anticipate further double can also be obtained at advances in industrial securities the Club in the near future. Total sales: 1,590,000 shares.
5. F. CHANG, Acting Secretary.
14th October, 1935.
Wheat: Uncertainties in com- nection with the elections in Canada is a disturbing factor Mary traders have been discour- THE HONG KONG JOCKEY CLUB
their have liquidated aged and
mülsHE TENTH EXTRA RACE long positions. Buying by
MEETING will be held WES only moderate. We would prefer accumulation on the scale (weather permitting) at HAPPY down. Business done: Wheat: VALLEY or SATURDAY, 19th 80.113.000 bushels. Corn: 6,568-October, 1935, commencing at 200 1000 bushels.
The First Bell will be rung at
Cotton: Weather conditions are ideal and the crop movement is 1.30 pm increasing Demand is expanding, which makes sharp declines an- likely. We would buy on setbacks. Silk: Excellent buying by the
s, Trade and demand for consump
tion of finished goods continues. The advance in futures, is rather
By Order,
C. B. BROWN.
Secretary.
Hong Kong, 15th October, 1935.
rapid and we would take profits COMMODITY PRICES
on farther bulges. Total sales: 207 lots.
The following quotations have
Prev. Yesterday Closing Closing
Flash: Steel mill activity is been received by Reuter. estimated at 50.4 per cent of capacity against 49.7 per cent. the previous week.
New York Cotton:---
Cram's estimate of production October of Cars and Trucks in the United December States and Canada during the January week ended October 12 indicates March 31,613. units.
Latest Quotations
surers waiving the six months" notice to which they are entitled apply on the 31st October, 1935, to the Treasurers, Mesars. Percy Smith, Seth & Fleming, for pay- ment of the Principal and interest to the 31st October, 1935.
By Order of the Committee,
-A. E. MACKENZIE,
Hon. Secretary. Hong Kong, 14th October, 1935.
PUBLIC AUCTIONS
HE Undersigned have receiv-
Te astractions to sell by
Public Auction
Friday, the 18th October, 1935 commencing at 1030 am.
at No. 43, Hillwood Road, (ground floor) Kowloon
A Quantity of VALUABLE HOUSEHOLD
FURNITURE
On View from Thursday, the 17th October, 1935-
Terms: Cash on Delivery...
LAMMERT BROS,
Auctioneers.
Hong Kong, 15th. October, 1935.
On London
On TT. and demand
2/-24
4 months sight
2/-24
Credits on months" sight 2/-73.
On Shanghai –
On demand
133
USF6,000,000.00 -2.183.633.06 870.731.05
On Singapore-**
On demand
85%
On Japan
On demand
17134
BRANCHES:-
On India-
ANE WATE
enlargeme
On TT and demand
182%
The Hague
Napirs
Ravane
PAPA
On New York--
Banis
Homburg
Fatım
"
Hav
On demand
4914
Big Wedge 8 cts. n.
Popen
Rin my be
Boerciony
Haidature literaru
Puiero
Credits 60 days' sight
50%
Gold Creek 30 ets. n.
Gold River 51⁄2 cx 12.
Brussels
Rome
On Batavia-
China
Crimurta Cannes
montreruptan
On demand
722
Ipe Mining 90 ets. n.
ing Manager.
On Paris
Houg Bone, Sri Fubmary, 190
Irabim
Turning Firma
On demand
74772
Itogons 36 eta 1. Salacots 15 cta. 1.
Fadinima Firmame [irtinta
Monte Carlo
Credit. 4 monts" sight
175
Fushata Zurics
On Saigon
-On demand
744
On demand
9814
Kailan Mining Ad. 10/6 m. Langkats (Single) Sh-$18 n. S'hai Exploration Sh.$41⁄2 n. Shai Loans Sh. $51⁄44 n. Raubs $6.65 m
10.85 10.34 10.84 10.81
10.86
10.30
10.90
Venz, Goldfield $230 n.
{May
On Bangkok
July
10:90 10.95 10.92 10.96 10.96
On demand
Sovereigns bank buying
92 rate- 2/1
29%
HK and K. Wharves (old)
STEEL-
Spot
11.20
11.20
THE Undersigned have received. instructions to sell by Public
The following quotations were received by Raster:-
New York Rubber:-
Auction
YOUL
H.K. and K. Wharves (new)
$70 ᄑᄑ
December
12.74
12.683
Prev. To-day
close
elos January
*12.82
12.74
March
12.97
12.87
par.
4.90%
4.90% May
13.11
13.02
July
13.26
13.17
|N. Y. Rubber--
- Dec.
10.85
1268 at 12.74
10.34
Chicago Wheat-
Chicago Whent:— December May
104
1023%
104
1014
Dec.
10424
102% July
93
91%
Chicago Cora-
Chicago Corn-
Dece
60%
39%
December
60%
59%
Sh Montreal Silver—.
رك الله ۲۰۰
༤,, ཋི「rཏྠམྦྷ
Hangman
1
Kowloon Lorlu
T
Fit Franciients
Veuro.vat
Jivery devription Betterave enorme Read
Dec.
66.50
€6.50
May
59%
*189
Silver Official
65
65% July
60%
5934
9134
9034
9218
91%
New York Sugar: 11 Commodity In-
dez
57.09 56.7 3 of December Business Done:-1,590,000 shares. January
March
May 95.71 95.56 15 off
96
95
2.52
2.52
2.17
2.17
9.14
2.34
17th October, 1935.
May
217
217
July
2.20
2.21
New York Silk:
December
1.88
1.95
March
1.87
.1.94.
or
Friday, the 18th. October, 1935-
commencing at 230 pm.
at their Sales Room, No. 35. Hankow Road, Kowloon.
A Quantity of
VALUABLE HOUSEHOLD
· FURNITURE
comprising:
Bed Room and Dining Room Furniture. Chesterfeld Suites, Carpets, Rugs, Glass and Brass Ware, Porcelain and Alum. Ware, Clocks, Ornaments, Lamps, Pic-
tures, Radio Set, Piano etc, etc
and
A Selection of
Black Wood Furniture
On View from Thursday, the
Terms: Cash on Delivery
· L'AMMERT BROS.
Auctioneers.
Hong Kong 15th. October, 1935.
¡May
1.37
1.94
Montreal Silver:
December
66.50
. $1,500,000.00
PHILIP GOCKCHIN Chief Manager
January
March
66.70
67.40
China
11.00 May
67.80
THE BANK OF EAST ASIA, LTD.
Archnejment Capital
Podvoz Caitl
Bert and Indianfred Muft
Hania
Munich Kontx
Branches of
American Express On Manila $10,000,000-er Company in Principal cities of United $1.States of America and Canada.
HEAD OFFICE -- HONG KONG. 10. D Forum: CemT IML),
"BOARD OF DIRECTION
Shou-on c'how, Chan,
All classes of Commercial Banking
Transactions undertaken.
Personal investment accounts hand Bar Silver per oz.
Bar silver in Hong Kong Copper cash
Li Kom them. Et Ph. Av. Fan Dong led.
Tum Tong. Faq Chan Ching FL In: Sang, Eng Wong Chu Son, F-1 and Tan Ying Po g.
Aitor
Han Tung . Exq, C. Murug Li Ti Fons. Erqi Bouzit
BRANCHES AND, AGENCIES:
Haiphong Zankow Honolulu Korm
Manila
*2=14
Sagunake View J'agri
Deskä
PATTE
Priming
d Ranking and Exchange
louds granted on approved
Arvosta ripriand
in Lori Carmoney and Fire Deponita maired for one end at shorter periods in Tewal and Foreign Currencies on terms, which will be quoted on application.
Sain to promiz Bryru To. Lt
"EAN TONG" PU.
Chief Muunga
THE CHINA & SOUTH SEA
LIMITED
(Incorporated in China) Head Office-Shanghai
Capital
Reserve
The Company offers to intending Copper cents Travellers the use of its "Travellers pate of native Interest Cheques" and Letters of Credit and Chinese Sub Coin m addition, the world-wide services
of its thoroughly equipped Travel Hong Kong sab..coin Department
«E W. DUGGAN,.
Manager.
THE WING ON BANK
LIMITED.
Head Office: Hong Kong 26, Des Voeux Road Central -Authorised Capital $10,000,000
ed
3% pa. 30% die. par.
BERLIN SHARE
MARKET
Sharp Depression In Prices
- CHINA MAIL" SPECIAL
Berlin, To-day. The share market yesterday was LONDON BANKERS:- Westminster Band. Ltd. extremely depressed, buyers being Foreign Exchange and every des-almost entirely absent, so that for cripton of banking 'business transact-want of takers even the small | Current Accounts and Savings Ac amount of stock offered caused a BANK,ceived at rates which will be quoted stagnation was chiefly due to the counts opened. Fixed Deposits re sharp depression in prices
on application. Special rates given news from Paris hinting strongly for Special deposits.
at the possibility of a breach in Trusteeship and Executorship un- dertaken. Safe Deposit Boxes for diplomatic relations between Great hire.
Britain and Italy.
.$7,500,000.00
Branches-All Important Cities in
(L. GOCKCHIN
LI SHU. FONG
Foreign Exelwage and-General. Eunking Purines | Asst. Manager Asst Manager
Standart
Current Saving Accontate opetard und· Fixed Deposita isend tap one year or shorter periods.
int rates which will be quoted on application
NOU Z, CHANG.
HONG KONG BRANCH,
Managm
24. w Voraz Road, Central
Foreign Excham Depa Georg O
Caïbies". Q
PRECE
THE YOKOHAMA SPECIE BANK
LIMITED
Established 1880
"Capital (full paid-up) Yen. 100,000,000
Reserve Fand
Yen. 127,450,000 ||
Head Office: YOKOHAMA
Branches and Agencies at
Alexandria' Batavia
Berlin
Bombay
Calcutta
Canton
Dairen (Dalny).
Nagasaki Nagoya New York
Osaka
Paris
Peiping
Eangcon Fengtien (Mukden) Rio de Janeiro
Hamburg
Hazkow
Barbin
Honolula
-THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)
Capital paid, up
Reserves
$5,000,000 $7,300,000
This
Fixed interest securities again proved more resistent and although price declines occurred they were ¡not numerous.
Gold mortgage bonds shared the general stagnation, but where business was done prices were us ually unchanged. Call money was at 3 per cent-Trans-Ocean Ser-. [vice.
Capital Savings Dept. $500,000 RAW RUBBER PRICES Reserve Savings Dept. $600,000. [7)
Head-Office-Shanghai
A Bank having as its mission the industrial development on China and the fostering of her commercial relations abroad. Hong Kong Office-
7. Ice House St. Phone 31481-2-3
Is It Insured?
Insurance—All Cizanen LOWEST RATES American Asiatic Underwriters
Fed Inc, USA. General Agents
San Francisco
Seattle
Semarang
Shanghai
Head Office
Singapore
Sourabaya
17, The Bund
Shanghai.
Hong Kong
Hsinking
Karachi
Kobe
London
Sydney
Tientsin
Tokyo
Los Angeles
Manila
Moji
counts.
Tsingtau
Yingkow
Interest 'allowed for Current
Deposits, received for fixed periods
rates to be obtained on applicati
C.. KISHINAMI
Hong Kong, 12h
aber, #1988.
HK. Office *Asia Life Bulding Tel. 30234°
Bring Your
Latest Quotations From Singapore
Messrs. FL. B. Joseph & Co. have received the following Straits currency quotations from Singa- pore for raw rubber.
Spot 20% down 7% b, 21 s. November/December 211⁄4 down.
11⁄2 34, 2171⁄2 2.
H.K. and W. Docks $9 ne Providents (old) 45 ets. b.. Providents (new) 20 ̊cts. z. Hong Kew Sh. $2371⁄2 1. New Engineering Sh.$4 n. Shanghai Docks 80 n.
Cotton Milis Ewo Cotton Shi 85.60 b.. Shanghai Cotton (old)
365 m.
Shanghai Cotton (new) $40 Zoong Sings Sh. $81⁄2 1. Wing On Textiles Sh. $25 n. Lands, Hotels, etc.
HK and S. Hotel $3.15 b. HK Lands $24.40 n
HK. Lands 4% Debentures $100
Shanghai Lands Sh$13.90 n Metropolitan Landa Sh. $10 Humphreys $11⁄21⁄2=" HK Realties 4 n
Chinese Estates $86 n. China Realties Sh$4 a. China Debentures: Sh.535_n.
Public Utilities
HK. Tramways $10.65 b. Peak Trams (old). $51⁄2 n. Peak Trans (new) $5 n Star Ferries $78 n. “ Yaumati Ferries $17 n. C. Light $7.90 b HK. Electrics $5334 ni Macao Electrics $20 = Sandakan Light $3 x. – Telephones (old) $17.20 h. Telephones (new) $61⁄4 s.. China Buses 8h$111⁄4 ni
Singapore Traction 10/6 b S'pore Traction PreL 25/- 1. Industrials
Malabon Sugar 1⁄2
N. Y./London cross-rate
| N. Y. Cotton—
Oct.
Dow Jones Averages
Winnipeg Wheat:- 30 Industrials .133.56 135.03 1.47 up October 20 Rail
32.80 33.38 38 December 20 Utilities .... 25.81 25.94 -13. up 40 Bonds.
NEW YORK STOCK EXCHANGE
Latest Quotations
October 15. The following quotations were re ceived by Reuter-
Last close... 10.20 N. YLondon 4.90% 4.90% 4.90% N. Y. Cotton-
Des May
N. Y. Rubber
Dec.
BANK OF ENGLAND PROFITS
Profits of the Bank of England
102% for the six months to August 31 last were £675,704 For the pre- ceding half-year the figure was 584 £275.572, and that for the corres-
Everything
gone.. BUT YOUR
SAVINGS
RENT
FOOD
60
10.87 10.84 10.29 .10.95 11.02 11.02
-12.74 12.73- 12.72
Chic Wheat-
Dec.
104
10344
May
104
Chic Corri
Dec. May. STOCKS:----
60% 59
Amer Smelt.
ing Anaconda Cop-
per
22
997/4
12
ponding period of 1934, 5678,876. At the general Court on Septem- $1444 52% 52
ber. 24 the usual half-yearly de- 217 21% dividend of 6 per cent...was
Clared. 29% 29
13
CLOTHING
HEAT
TAXES
* Stores, etce Dairy Farms $1474 h. Watsons $2.90: E. Lane, Crawford $24 2
Ixt Tel &
Tel Loew's Ine Montgomery
Ward
474 47% 4734
9% -44%
WATER
9%
447%
CHITS
[NY Cen
tral Standard Oil of
NJ
21/
33
21%
Cald., Macg. (Ond) Sh.$191⁄2 n. Cald: Macg. (Pref.), Sh$18 n. Canton, Ices $1.60 m. Cements $3.15 b, $348. $3.15
$2
FK Ropes $1.60 b
January/March (1936) 211⁄2 Mackintosh $7 1.
down % h, 214 s.
April/June (1936) - 221⁄4 run-
changed b, 221⁄2 s. Market: Quiet.
NEW ISSUE OF $5 SHANGHAI NOTES
Permission Given To Print 10,000,000
Nanking, To-day. Approval has been obtained by
PRINTING the Bank of China from the Cen-
ZIoUs
tral Government for printing 107- |000,000 $6 Shanghai-banknotes, it la leamed in financial circles here to-day
Sinceres $2.30-11. Wm. Powells 70 cis, n. Wing On (HK) 355 m. aga Miscellaneous Entertainments $4 m. S. C. Enterprises $1.35 m. "Macao “Greyhounds” $2 n.
Constructions (old) $1.10 2. "Constrictions (new) 25 cta. 1.
Vibro Piling $4 m.
Ch Govt 5% 1925 G$Bds.
91%. Th
Con "Gas of
Elec Bond &
Share General. Me.
tors
J. S. Steel
33
$66,
REICHSMARK QUOTATIONS
Berlin, To-day. Reichsmark quotations, without guarantee, are given as follows: New York, 40- 32% 24; Pariz, 6105; Amsterdam, 59,- 35: London, 12.1825. The London 20 sterling prices were on Faris-74-
138 and on New York 15.1775- 44% Trans-Ocean Service
Britain's Overseas Trade
London, To-day- Overseas 830,697, which is £1,685,590 more figures for September show ex than in August and £2,917,362 HK Govt 4% Loan 5% ports totalling £24,098,265, which more than in September of last
is 1784,690 less than in August Exports for the first H.K. Gort. 3% Loan 2% dis but £141,017 more than in Septem-months of the year were
premanj
b
Wallace Harpers $4.1
years (m
ber of last year; re-exports totall-1985 higher than in the |ing £3,810,838, which is £374,723|ding period of 1934, have been sent by the Bank to the less than in August but $561,002 ports were £279,906 higher Ministry of
filing
more than in September Last Himports 22582,506 hig Specimens of the new banknotes Central News
years-and-importa botaling-#60"-Wireless Service.
SAVINGS
SAVE SOMETHING
START NOW
UNDERWRITERS SAVINGS BANK
FOR THE FAR EAST,
INC.
Axis Life Buildin
XENAXENENENDE SA NA RAUN BRUS EPAN ESI
2