BANKS
HONG KONG AND SHANGHAI
BANKING CORPORATION
เ
Authorised Capital
$50,000,000 Issued and Fully Paid-up. 20,000,000 Eeserve Funds
Sterling
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1853 HEAD OFFICE: LONDON
Paid-up Capital
Reserve Fund
£3,000,000 £3,000,000
520,000,000
Reserve Liability of Pro-
prietors.
3,000,000
Kangoon
Saigon
................£ 5,300,000.
Reserve Liability of Pro-
prietors
HEAD OFFICE: HONG KONG.
BOARD OF INRECTORS
33. Poduril E-q.
Chairtrina.
C. C. Inst. 4.
Deputy Chairman
Haa. Mr. W. E. Bell
Hon. Mr.J.J. Paterson
A. H. Compton Esq. T. E. Pearce Esq
M. T. Jahnson Es G. Miskin EST
Agencies and Branches:
Alor Star
Ticulo
Amritsar
3
| Bangkok
Xiang
Альбо
Batavia Bombar
CASTOR
Ce
D
Cniomba
A Plummer Esq. A. L. Shields Esq. Haiphong
BANGKOK
BATANZA
BOMBAY
CALCUTTA
CANTON CHEFOO COLONZO DLIBEN FOOT HOR BAITHRING HAMBURG BANKOW
HARMIN
HONGKEW
ILOILO
IPUH
JUGORE
KOME
LOWLOON
T. X. Greyiwa. Erg
BRANCHES :-
LION
MALACCA
KÄSILA
MUAR (Johore
MIKDEN
NEW THE
PEIPT NA
PENANG BANGOON
SAIGON
SAN FRANCISCO
KUALA LUMPTE
SHANGHAI
SINGALORE
SIKKABAYA
SUNGET PATÁNI
TIENTSIN
TOKL
TSINGTAO YOKOHAMA.
Cat Accounts opened is Local · Currency and Fixed Deposits merised for one year of scorter perioda ca tora! Currency and Sterling Do te which wall, be quoted na appication Hour Sony ad October, 19,
+
HONG KONG SAVINGS BANK
Tan Bunions of the alone Bunk is cundvet-
ed by the 1ÒNG KONG AND SHANGHAI BANKING CORPORATION.
briand on applicatrom..
FOB THÊ LƯƠNG KONG 4N NHANG HI BANKING CORPORATION.
T. M. GRAYBEEN
Habibur
Hankow
Harbin
Bong Kong
Eunin
ILumpur
| Kuchina
Marita
Tran : Block
Perpine
M
(Pring)
Shanghai Singapore
NGAWIN
Topics Tientura Jonckah
(Rdure!
Yokohama,
Forrige Erbance and Gesers Banking busine
transacted.
له
THE CHINA MAIL THURSDAY, OCTOBER-IT,
Commerce and
Finance
LOCAL DOLLAR
STEADY
Forward Silver Down The local dollar is steady, opening on demand this morning: at 2/0/d
21
"Spot" silver was steady 1993, but forward fell 1/16 to
293
The London on New York cross- rate was quoted at £-US$491. as compared with £-US$4.90%, while the New York on London
quoted £-US.S4.911⁄4, as compared with S-US$4.90%.
Current Account's opened and Fird Deposit cross-rate I received. For one year or shorter perioda, at rates | |which will be quoted on application
A. BREARLET,
Manager
Hong Kong, ist: January, 1935.
THE
AMERICAN EXPRESS COMPANY,
INC.
Head Office:--65, Broadway, New York
Capital
Surplus Reserves
BRANCHES:—
Luga
Troping Petits
was
EXCHANGES
TO-DAY'S QUOTATION
at
·LOCAL SHARES
`TO-DAY'S QUOTATIONS The following is the list of local share quotations issued to-day:
Banky
NEW YORK STOCK MARKET
Slightly Lower Trend
OFFERINGS LIMITED
INTERPORT
LAWN BOWLS
DINNER AT K.C.C.
(Continued from Page 4)
Others present included Messrs. A. O. Brawn. W. E. Hale, E. P.
NEW ADVERTISEMENTS
G
PUBLIC AUCTION
CONDİT.
In their market report, Messes Phillips, W. J. Geall; R. F. Luz, J. PARTICULARS
TIONS of the Sale by Public
S. E. Levy and Company, corres-E Noronha, CG Silva, F. I sina Auction to be held on MONDAY, pondents for Messrs. White Weld J. Mekelvie, G. Cooper, J. Fraser, the 21st day of October 1935, at $ and Company, New York, state U. M. Omar. L. Gay. J. V. Ramsay pm, at the Offices of the Public Stocks: The market was slightly E. Kero, B. W. Bradbury and Works Department, by Order of
His Excellency the Governor of anë Lot of Crown Land at Mong Kok Tsui in the Colony of Hong Kong for a term of 75 years, with the option of renewal at a Crown Rent to be fixed by the Surveyor
lower to-day, but offerings were Meyer. limited This should serve « to
Tribute To Glover. HK Bank $1,025 b. $1,025 33 bokster bullish sentiment. Busi Proposing the toast of he HF. Bank (London) £1051⁄2ness done: 2,240,000 shares.
Shanghai L.B.A. Mr. Nish on be Chartered Bank £134
Wheat: Fears regarding a more half of the local Association and Mercantile Bank A. and aggressive Canadian wheat sales the Shanghai · bowlers expressed
policy caused some hasty liquida-regret at the illness of Sir Thomas of His Majesty the King, for one tion Liquidation by speculators Southern, who, as they all knew, further term of 75 years. seems to be coming to an end was a very keen bowler,
£2814 1
Mercantile Bank C. £12% L Bank of East Asia $60 b..
Insurances Canton Ins. $180 b. Union Ins. $350 b. $38271⁄2 sa China Underwriters. $110 1. China Fire Ins. $382 p. HK Fire Ins. $175 b. International Assce. $4 n.
Shipping
Douglases $36 p-
HK Steamboats $1` n. Indo-Chinas (Pref); $30 n. Indo-Chinas (Def), $12 n' Shell (Bearer) 73/9 Union Waterboats $11% n-
Mining
Benguet Consolidated $10.60
Benguet Exploration 13 cts. 1. Big Wedge 8 cta, a
Mr. Nish Total sales: Wheat: 26,656,000
thanked His Excel- bushels Corn: 4,215,000 bushels-lency the Officer Administering Cotton: There was good buying the Government. Mr. N. L. Smith, by the domestic trade, but the for gracing the second Interport break in wheat prices checked the match with his presence and the advance...
speaker assured the Shanghai Flash: Average daily petroleum bowlers that His Excellency, thor production for the week ending oughly enjoyed the game and, but
estimated October 12 was
at for a prior engagement he also: 2.782.000 barrels, against 2720,000 would have been present at this
function. barrels the previous week.
Electric Institute Mr. Nish commented on the In! The Edison estimates weekly electricity, pro-terport matches and spoke of the duction at 1,867,000,000 kw.h, an splendid play of the Shanghai increase of 127 per cent over the team especially Mr. Glover, whose corresponding period of last year. very strong point, the speaker had The magazine Standard Statis-noticed, was to guard every shot of his opponent. H. A. Alves, of!
tics reports:
PARTICULARS OF THE LOT
Boundary
Locality,
ELĮ (L.) about: Į
(plan] 1,900 24
sisda
THE “SILENT GUIDE””
TO HONG KONG.
3)
For $36.—_ year we will put
Stocks: The advancing tendency the Club de Recreio, brought in sain heavy industries and expanding as reserve for Hong Kong in the income of consumer make a gen-Interport yesterday, played the
constructive commodity game of his life, he added. erally
Mr. Munro's Reply [buying policy advisable.
Replying, Mr. Munro, on behalf you "on the map" at the Star ample coverage of of the Shanghai team, expressed Ferry and give you a free inser forward requirements.
In wheat, cotton and copper wej recommend
On London
On T.T. and demand
2/-%
4 months sight'
2/-141
Credits on months" sight 2/-7%
„US$6,000,000,00
On Shanghai.
2,183,633.06 870.781.05
On demand
13334
On Singapore
On demand
$52%
Antamoks 70 cts. a.
Arnton-dans
On Japan
Balatoes $14 1
*=== {{{
Autumny. ALEGATION
The Harum
Martes
Bandu
11
Nice Sxpics Piraeus
Р
On demand
1713
Baguio Gold 22 ets. s.
On India.
-On. T.T. and demand
1398
Berite
Н
Bruics many *
Hom
Heidelberg
On New York--
Bermen Brunnels
Korterisin
Jumala
Cairo
Cath
<<<<<
Hone Shangh
On demand
4934
-Gold Creek 30 cts. n.
งj
Credits 60 days sight
50%
Gold River 51⁄2 cbsn.
Chief (ManagNT.
Larum
blogg Kong, 13th February, 1
Z
por Tuntain Termine
On Batavia-
Ipo Mining 90 cts.
On demand
7234
32newsite
Monte Carlo
On Paris-
Manila
Muroch
Venice Yokokama Zurich
On demand
Credit 4 monts" sight
175
On Saigon—
On- demand
742
On Manila-
Kailan Mining Ad. 10/6 n. Langiats (Single) Sh-518 n. S'hai Exploration Sh.$41⁄44 m. Shai Loans Sh: $54. z. Raubs $6.65 ..
On demand
9834
Venz; Goldfield $230 m.
On Bangkok-
On demand
924
Docks, etc.
rate 2/1
293%
HK and K. Wharves
$72 n-
(ald)
NYLondon
1. Con
110
$70 m
par.
3% pa.
31% dis
THE BANK OF EAST ASIA, LTD.
Aburied Capital
Fadus Capital
Barve nan Codyvind That
Cop-b
Imbia
Edinbury's ForDr
Surieux
Branches of American Express
---$10,000,000.00--| Company in Principal cities of United
200 States of America and Canada.
HEAD OFFICE-LONG KONG,
10. Des Yonex Fund Crotial.
BOARD OF DIRECTORY!--m
Sir Sbog-won Chow, Chaitzak
All classes of Commercial Banking Transactions undertaken.
Personal investment accounts hand-Sovereigns bank buying
In Chat E- F. K bruk. Exç. Woogled.
Jus Joop E Chan Cheng Dwi Eng.. Li La
2 kg Hoặc Chu mưa Em, anh ta Tour
Kam Tung Fo, Emu Chict Manager. L The Fong, Exqui Maangera
BRANCHES AND AGENCIES
Manila Mottumare
Seattle
Sharing
Aaway
Buchber
Sagunk
Calcutta Lestus Batang Bankom
Ni York
Üraka
SANDNE Pournim Ta
Priping
Wh
Prang
Jhonu
Pa
Apvijon
Rêna, Francisco.
ENSEALI
"I
The
Jakobs
I my description of Hanking and Exchange Bacted Low, stunted on approved
curtis,
Comment Arvoonia opened iz Local Curieory god Fired: Depomitu tervised for one that of sorter pection in Lead Foreign Currencies Germa, warts will be quoted on application
Dais· Depona Hoses To" Let.
KAN TONG PO.
LIMITED
Chiet Monger.
(Incorporated in China) Head Office-Shanghai
Capital
$7,500,000.00 Rescrve
$1,500,000.00 Branches-All Important Cities in
Bar Silver per oz.
The Company offers to intending Bar silver in Hong Kong Travellers the use of its "Travellera Copper cash Cheques" and Letters of Credit and
in addition, the world-wide services
Copper cents
of its thoroughly equipped Travel Rate of native, interest Department
E. W. DUGGAN,
Manager.
THE WING ON BANK
ULATTED.
Head Office: Hong Kong
26. Des Voeur Road Central.
Authorised Capital $10,000,000
LONDON BANKERS:---- Westminster Band, Ltd.
Chinese Sub. Coin Hong Kong sub. coin
par
BANK RATE LOWERED
Nederlansche Bank Action
** CHINA MAIL" SPECIAL
Amsterdam, To-day,,, The bank-rate will be lowered
Foreign Exchange and every des-by the Nederlansche Bank from cripton of banking business transact-6 per cent to 5 per cent. from to- ed
day. This step was decided upon
Current Accounts and Savings Ac-
tension in the Amsterdam THE CHINA & SOUTH SEA BANK, Courts opened. Fixed Deposits re-in view of the relaxation of the ceived at rates which will be quoted
the market during Special rates given money on application. for Special deposits.
last few days, and the greatly Trusteeship and Executorship strengthened status of notes issu-| dertaken. Safe Deposit Boxes for
ing from the bank, as revealed by hire.
the last weekly returns, which PHILIP GOCK CHIN Chief Manager
show another substantial increase in the gold stock
case in this by 6,000,000 to 581,800,000 gulden. The last change in the bank- rate was made on September 16; last, when it was raised from 5 per cent to 6 per cent.-Trans- Ocean Service. “
China - Foreign Eselunge and General Banking Business Current and Saving Accounts opened and Fixed Depouts verited dos que peur or shorter periods ‚me- catha, "which will in quoted oa application.
Manager.
HONG KONG, BRANCH: 2. De Vaux Boud, Central.
Manager's Office
Foreign Exchange Dept.
General Oce
ty.c
- 25509
THE YOKOHAMA, SPECIE BANK.
LIMITED
Established 1880
Capital (full paid-up) Yen 100,000,000! Reserve Fund .......... Yen. 127,450,000
Head Office: YOKOHAMA
Branches and Agencies at
Alexandria
Batavia
Berita
Bombay
Calcutta
Canton
Dairen (Dalny).
Nagasaki
NAZDYL
New York
Osaka
Peris
Peiping
Rangoon
Fengtien (Mukden) Rio de Janeiro
Hainburg
San-Francisco
Hankow
Seattle
Harbin S
Semarang
Hong Kong
Shanghai
Honoluin
Singapore
Sourabaya
Sydney
Tokyo
Hsinking
Karachi
Eobe
Lontion
Manila
Moji
Los Angeles
Interest allowed for
eposita received"
Estes to be obtain
Hong Kong, 12th Septe
L. GOCKCHIN LĨ SHU FONG Asst. Manager Asst. Manage
THE
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China) Capital paid up **** $5,000,000. $7,300,000.
Reserves Capital Savings Dept. $800,000. Reserve Savings Dept. $800,000. 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-*
**Tee House St. Phone 31481-2-3
BERLIN SHARE- MARKET Listless Trend Again Reported
→CHINA MAIL" SPECIAL.
Berlin, To-day. Again the share market was listless, prices sagging in most sections, and once again the un- certainties of the international political situation made investers
Is It Insured? and operators most cautions.
Insurance-All Clases "LOWEST RATES American Asiatic Under
Fed. Inc., USA. “-General 'Agents
Job
The chief feature of the pre- sent situation under discussion yesterday was the possible effect of the sanctions on world trade in general and on German ex- porta in particular.
Fixed interest securities were E.K. Office also quiet, the trend being unik Asia Life form Call money was quoted Building fat 22, while Young Loan was Tel.: 28254" at 102-Trans-Ocean Service.
ABE
PPRÍS
REICHSMARK QUOTATIONS
Reichsmarks Berlin, To day. quotations without guarantee are: New York 40.25- Paris 610.5; Am-
237 London 12.19 rling was quoted at 74.45 dollar at 15.17.,.—Trans-
Paris
Itogons 3614 cts. t.
Salacots 15 eta, z
We would postpone purchases oats, cora, hides and silk
Latest Quotations
-
thanks to the Colony for the won-
inderful reception they had had tion in the "Silent Guide Direc
ever since their arrival. He spe
cially mentioned the Entertain-tory to Hong Kong."
ment Committee and Mr. Hosking,
the admirable Secretary of the TELL-THE WORLD PUBLISHING.
Association..
The following quotations were
"Shanghai made their effort received by Benter:-
early: Hong Kong made it too Frev. To-day Late," remarked Mr. Munro com-
4.90
close
Cross-rate NY Cotton Oct 10.37. H and K. Wharves (new) NY. Rubber Dec. 1282
HK and W. Docks $2 n. Providents (old) 45 cts. b. Providents (new) 20 cts. 1. Hong Kew Sk. $2371⁄2 1. New Engineering Sh$4 n. Shanghai Docks $80 n.
Cotton Mills Ewo Cotton Sh. $5.60 b.
(old) Shanghai Cotton
Chicago Wheat
Dec.
Chicago Corn
Dec.
Montreal Silver
Dec.
Silver Official
close
491-3/16| IRST
12:84
104
100%
61
614
65.50
66.50
39... $499
Dow Jones Averages
30 Industrials. 136.25 135.68 58 off 20 Rails
33.99 33.93 06 of 26.03 25.90 13 off 95.62 95.71 09 up
..
20 Utilities Sh. 40 Bonds
11 Commodity
Index
57.02 56.58 .44 of Business Done: 2,240,000 shares.
$65 11. Shanghai Cotton (new) $40 n. Zoong Sings Sh. $84 1. Wing On Textiles Sh. $25 . Lands, Hotels, etc.
HK and S. Hotel $3.10, b. HK Lands $24 h
HK. Lands 4% Debentures $100
IL
Shanghai Lands Sh-$13.90 n. Metropolitan Lands Sh. 310 n. Humphreys $7.10 b. HK Realties $4 Chinese Estates $86 n. China Bealties Sh$4 n China Debentures Sh.435 1
(menting on the Interport games.
Mr. Munro went on to speak of the fellowship and sportsmanship that was brought about by the and thought the Interport series formation of the proposed Fat Eastern Lawn Bowls' Association, embracing Hong Kong and Shang- hai, was a very sound idea.
Mr Munro suggested, amid laughter, that on Interport visits, Club matches should be done 2way
Interport with. Three matches and two Zone matches should be played with a day's interval between each match.
The toast of the Official Guests was proposed by Mr. Hosking and
COMMODITY PRICES was replied to by the Hon. Mr.
Forrest supported by Commodore
The following quotations" have Sedgwick All spoke in a humor-
ous vein. been received by Benter.
Prev. Yesterday During the evening a splendid Closing Closing programme of entertainment was
Public Utilities HK. Tramways $10.65 b., $10.70 New York Rubber:
Peak Trams (old) $5 1 Peak Trams (new) $41⁄2 1 Star Ferries $78-1- Yaumati Ferries $17 1. C. Light $7.95 b. $8 3. HK. Electrics $534 1. Macao Electrics $20 n. Sandakan Light $3 a. Telephones (old) $17.60 b. Telephones (new) $6% z. China Buses Sh.$111⁄4 2. Singapore Traction 13/-b S'pore Traction Pret. 25/~nte
Industrials
COMPANY,
Ritton House, Daddell Street
Everything
gone.. BUT YOUR SAVINGS
RENT
FOOD
CLOTHING
HEAT
TAXES
WATER
CHITS
104 100% 1027% 99R
RAW RUBBER PRICES
Latest Quotations From Singapore
Messrs. H. B. Joseph & Co. have received the following Straits currency quotations from Singa- pore for raw rubber.
Spot 21 Unchanged b. 213⁄41⁄4 ̧s November-December 211⁄2 Ün-
changed b. 214 s- `January-March (1936) 21%
SAVINGS
SAVE SOMETHING
START NOW UNDERWRITERS SAVINGS BANK FOR THE FAR EAST, INC.
Ada Life Building
New York Cotton:- October
provided
December
January
10.87.
10.87 10.85 10.83 10.83 10.84
March
May
July
Spot
10.92 10.91 10.95 10.95 10.99 10.99 11:25
11.25
:
December January March May. July
12.82 12.34 .12.90 12.92 13.068 13.08 13:20a 12.21 13.31 12:37
Chicago Wheat: December
May
Jals
92%
90%
Chicago Corn:
Unchanged b., 2278
December
61
6014
April-June (1936)
224
Un-
May
59%
59
changed b., 223⁄41⁄2 3-
July
602
59%
Market: Easier.
Winnipeg Wheat:
October December May
91%
88%
92
89
95%
924%
BRITISH IRON AND STEEL
New York Sugar: December
2.51-
250
London, To-day.
The British
January
2.14
2.14
Iron and Steel Federation reports
March
2.11
2.11
that 529,600 tons of pig iron were
May
July
2.15 2.19
2.18
New York Sik: December March
Malabon Sugar $31⁄2 De Cald, Macg. (Ord.) Sh$191⁄2 n. Cald: Macg. (Pre), Sh.$18 n. Canton Ices. $1.60 n. Cements $8 "Tu 4 HK Ropes $170 5.
Stores, etc. Dairy Farms $1434 sa Watsons: $3 b Lane, Crawford-$2 a Mackintosh $7 nig Sinceres. $2.80 1. Wm. Powells 70 cta: n/ Wing On (HK) $55 1
MisceliznesUIS Entertainments $4,m.
S. C Enterprises: $135 m Macão "Greyhounds. 42 2. ̈“Constructions. (old) $110; 1.
Constructions (new) Vibro Piling $4. Ch. Govt. 5% 1225
91% L EKINGOFL
EK Govt. 35% To Wallies-Harpers
May
Montreal Silve
December
January
March May
30234
CZECHOSLOVAKIAN DEFENCES
{Continued from Page 1).
12.14 produced in September, as com- The Czechoslovakian army, said:
1942 198 1922 1974 1.93 1.98
66.50
66.50 66.70 €6.70 6740 €7.10
67.85
€7.80
RETAIL PRICES IN BRITAIN
London To-day. level of retail. was approxim above the le
ag at October 1 Der cent.
Itsa Ser
pared with 543,400 tons in August the Minister, must be provided and as compared with 500,300 tons with a corresponding number of tanks and air-defence weapons, September, 1934
The production of steel ingots and he finally advocated the de and castings for, the same three velopment of the motorisation of* months were 855,900 tons, 59,900 civil transport because on this de- tous and 784,700 tons, respective pends the possibility of the mo ly-British Wireless Service, torisation of the army.
K.C.R. Passenger Records
All passenger records for the during the week ending May 11 1935, (King's Jubilee week), was flway Kowloon-Canton
43,131 passengers. shattered during the reek end October 12 (Double Tenth wa
when: 64,70236 pas
carried between the
The previous
The highest level attained prior to 1985 was during the week end
ing April 7 last year, when
Ming Traffeanabled
lobtained.