THE CHIKA ME
BAY, OCTOB
BANKS
-HONG KONG AND SHANGHAI | THE CHARTERED BANK OF"
BANKING CORPORATION E
Authorised Capital
$50,000,000
Issued and Fully Paid-up. 20,000,000!
Reserve Funds:-
Sterling
£6,500,000-
Reserve Liability of Pro-
prieters
HEAD OFFICE: HONG KONG.
INDIA, AUSTRALIA & CHINA.
arated by Royal Charter, 1853 FEAD OFFICE: LONDON. -
£3,000,000 £3,000,000
Agencies and Branches:
Paid-up Capital
Reserve Fund
$20,000,000
Reserve Liability of Pro-
prietors
Dor Sher
Artisans
Bangkok
Belavia
Bombay
Calcutta Canton
BOARD OF DIRECTORS.
H. Dodwell, “Eng
Chairmath
CC Knight, Esq.
Deputy Chairman,
Hon Mr. W.H.Bell
CAS
Hon. Mr. J. J. Paterson Cavepors AH. Compton Esq. T. E. Pearce Esq, M. T. Johnson Esq. G. Maskin Esq. J. A. Phammer Esq., A. L. Shields Esq.
HONG
IPOK
JUHORE
ROKE
XORZOOX
* Greyburu, Eag
Chief Manaz OR".
BRANCHES ---
LONDON LONS
MALACCA
-MANILA
MUAR (Johor)
MUTEDEN
NEW YORK
PEATING
PEXANG
BANGOON
SARGON
SAX FRANCISCO
KUALA LUMPUR
SHANGHAI
SINGAPORE
SOUHABATA
SÜNGEI PAZANI TIENTSIN
TOKYO
TSINGTATA-
YOKOHAMA
Current Arconate opened in Local CurrencT- and Fixed Deposits received for one year or shorter perioda in Local Currency and Sterling- on tertem which will be quoted de application Hong Kongad October, 2035
HONG KONG SAVINGS BANK
The Burian of the abom Bank in cocèse- ed by the HONG KONG AND SHANGHAI BANKING CORPORATION,
FOR THE HONG KONG AND SHANGHA BANKING CORPORATION,
VAM GRATE RX,
Traile
Ingh
Xarchi
King'
Batroon
Saigon
Samarane
Taiping
Commerce and Finance
LOCAL DOLLAR DROPS
Forward Silver Prices Down
LOCAL SHARES
TO-DAY'S QUOTATIONS The following is the list of local jahare quotations issued to-day:
IMPORTS AND EXPORTS GENERAL DECREASE REPORTED BY LOCAL AUTHORITIES
N official report issued by the Statistical
A office of the Imports and Exports Depart-
AD
EMENTS
CHINA HOLEWARD, CONFERENCE
dated
NOTICE "TO SHIPPERS
16
Samd
ment states that the combined declared values of imports and exports of merchandise during the first three quarters of 1935 amounted to a total of $470.1 millions (£48.2 millions), as compared with $539.7 millions (£39.8 millions) in the corppera segarding the interpre demand this H.K. Bank $1,040 b, $1,040 sa responding period of 1934, and $6881 millions tation of the war clause which is (46.0 millions) in the corresponding period of now attached to Booking Notes 1933
The local dollar has declined
moming at 1/RTY
Seremban
Compur
Made
Singapore Sitiawna Sourabaya
%, opening on
Timatin
aphor Hamburg
Tangkah
New York
(Bhuker)
Prining
Tsingtao
(Paking)
Tokhara
Harben
Pras
Zamboanes
Hoog Love"
Colombo Dalba
Flander
"Spot silver was steady at 29- 5/16, but forward” declined 1/16. to 29
The London on New York cross rate was quoted at US$491.
Forsice Exchange and General Banking busineas compared with £ US$491
TENDERCREČ.
Current Account opened and Fixed Deposits received for one your or shong periods |which will be quoted on application.
A BREAKLEY,
Manager
Hon Kong, 1st Jamary, 1955
THE
AMERICAN EXPRESS COMPANY,
•
INC.
Head Office: 65, Broadway, New York
Capital
Surplus
11J.S.$6,000,000,00
"Reserves
BRANCHLES
**Amsterdam Antwerp
Gatos Glasgow..
Baste
Berlia
Buer may be
Bombay
Bestnen
Brussels
Caine
London
Calcutta
Chief Manager
Bong Long, th February, 1935.
catatand co spplication.
THE BANK OF EAST ASIA, LTD.
Authorised Capata), man
%16_BOI_NO_in]
Cansak Colore bo
Copenhagen Dublin Edinburgh
The Engen Fav Hamborg HAVY ErideThere Interior Jeravalem
Liverpool Luceros + Lugano
Ettor
Bararilee
Peipiag Pelremo Botterda Beir
Panachai
Singapore *eator Taormina.
V.
Florence
Gracts
while the New York on Landon cross-rate
Sh
quoted at {$— US$4913⁄41⁄21⁄2, as compared with
US$490%
EXCHANGES
TO-DAY'S QUOTATION
On London
Banks
HK Bank (London) 106
Chartered Bank £131⁄21⁄21⁄2 n Mercantile Bank A. and B
$284 TL
Mercantile Bank C. £12 The Bank of East Asix $60 n.
Insurances Canton Ins- $180. b.. Union Ins. $395 b.
China Underwriters $1.10 8. China Fire Ins.. $382 n. HK Fire Ins. $180 h. International Assce: $5
Skipping
Douglases $36 1-
HK. Steamboats $4-1. Indo-Chinas (Pref.), $30 m. Indo-Chinas (Def); $10 b... Shell Bearer) $16/S`n. Union Waterboats. $111⁄4 n-
S there appears.
doubt amongst Conference
issued by the Central Booking Of- fices, and of Tariz Addendum No.
9, the position is set forth be
ADDENDUM No. 92.
This refers to freight quotations
WAR CLAUSE ON BOOKING NOTES This clause car
for
The declared values of Treasure imports during the law.
* merchandise first nine (months of 1935 amount- imparts of amounted to $270.8 millions ed to: $286 millions; as compared (£27.8 millions) in the first nine with $48.7 millions in the corres only, and not to months of 1935, as compared (ponding period of 1934 and $26.5 with $302.1 millions (5223 milions in the corresponding millions) in the corresponding period at 1933; whilst exports of period of 1984 and $381-1 mil-{treasure totalled $128.9 millions in lions (£25.5 millions) in, the the first nine months of 1935, as tion which shippers: had corresponding period of 1933 compared with $85.6 millions and ly been given under
The declared monthly values $103.1 millions in the correspond-ward – booking
exports of merchandise ing periods of 1934 and 1933 res- the right must be reser amounted to $199.3 millions pectively.
crease rates or cancel bookings." (£20.4 - millions) in the first
Comparative Tables
In order, however, to assist ship- nine months of 1995,- as Come
parative pers who require firm quotations The following: pared with $237.6 millions (17 tables show total values of reports the Conference Lines have millions) in the corresponding and exports of merchandise and ranged that forward bookings may. period of 1934 and $507.0 maxio?*\treasure during the first zine he made for usual tariff periods at (£20.5 millions) in the correspond-months of 1935, 1934, 1933 and current tariff rates plus 10% sur fing period of 1935, rest
шет
1932:
IMPORTS
1935
1934
9
charge.
time of shipment: 72
-to-in-
Calculating in terms of Hong
Bookings with this surcharge Kong currency imports at
will be protected and will be sub- chandise during the first nine
jeet to the Beneft of fall, if tariff months of 1935 decreased by 10.4 Merchandise" 270,750,299 302,125,140 rates are not increased at the
28,603,995 48,695,132
The war clanse applies to all 299,354,294 350,821,232
· 1933---
bookings of tarifi cargo which are made without the above men- 3,732 477,820,540 tioned surcharge. 26,339,937 75,211,481
On TT. and demand
1/11
4 months-sight
--1/11%
Credits 4 months' sight .. 2/-31⁄2
On Shangha
2,183,633.06
On demand
196
870,731.05
On Singapore
-
On demand
8474
On Japan
Mining Antamoks 70 cts. 1.
On demand
168
Balatoes $14 n.
Napier
Piriman Peria
On India
Baguio Gold 22 cts. n.
On T.T. and demand
130%
Benguet Consolidated $10.60
n.
On New York-
Benguet Exploration 13 ets, IL.
On demand
48%
Big Wedge 8 cta. B
Southampton
Credits 60 days" sight
49%
Gold Creek 30 cts. n.
On Batavia-
Gold River 51⁄2 ets.
On demand
-71%
Monte Carlo Maria
Munich
Kopien Yokohama Zurich
On Paris-
On; demand
73762
Montreu
Credits 4 months' sight
765
On Saigon--
On demand
7372
9724
Ipo Mining 90 cts. z. Itogons 36 cts. 1. Salacots 15 cts. n. Kailan Mining Ad. 10/6 a -Langkats (Single) Sh-$15 n. S'hai Exploration Sh.$41⁄2 n Shii Los San Raubs $6.65 - Venz; Goldfield $2.30'1.
per cent. and 28.9 per cent. as compared with the corresponding periods of 1934 and 1933- respec-! tively; whilst exports of merchan- dise declined by 16.1 per cent and Merchandise.
Treastire 35.1 per cent, respectively.
Total
Total
9334
Docks, etc.
HK and K Wharves
$662. IL
Branches of American Express Paid-up Capi$5,200. Company in Principal cities of United Reserve and Undivided. Profite i20,000.00 States of America and Canada.
HEAD OFFICE:-RONG KONG.
All classes of Commercial Banking Transactions undertaken.
20, Des Firat Koad, Central. BOARD OF DIRECTOPŠ 2-- Sir Shonon Chow. Cliriman. Loon Chat. Ex Fur Engineosled Tun Tong, Eng. Cand Ching Sk. Eng. Li La
•Sang. Esq., Wong Chu Soo, Eng, and han Ting
KAD ZADE Po. Enq.. Chicl Xenoget.
ToFace, Enque, Manager.
BRANCHES AND AGENCIES
Manila
Malbrouthe
Semas
Swart'
Bombay
Nagauki
New York
-“Quals
Paris Peiping
Calcutta Camion Haiphong Hankow
Pran
Sanspare Sourabaya. Satow Sydney!
·Taibaika Tirateia..
Honolulu
Варненсь
Favicon London
Saigon
Tokyo.
San Francisco
Vancouver
Yokohama
Every description of Banking and Exchange "basmens tinzanited Louse granted on approved ·
Local CumDKY Curreus Acounts of med gân and Fixed Depoute; received for one year or shorter, periode in "Local and Foreign. Cursocies on terms which will be quoted on applicaties.
Sade Deposit Boxes To Last.
KAN TONG PO.
Chief Manager.
Personal investment accounts hand-
On Manila...
On demand
On Bangkok- On demand
29 5/16
Sovereigns bank buying rate 2/- Bar Silver per oz. The Company offers to intending, Travellers the use of its "Travellers Bar silver in Hong Kong Cheques" and Letters of Credit and Copper cash maddition, the world-wide services Copper cents
:
of its thoroughly equipped Travel Rate of native interest Department.
Hong Kong sab, coin Chinese Sub. Coin
E, W. DUGGAN,
Manages.
THE WING ON BANK LIMITED.
Head Office: Hong Kong 26. Des Voeux Road Central Authorised. Capital $10;000,000
... NOEL...
mom. par. 3% pa par. 31% dis
COMMODITY PRICES
The following quotations have been received by Reuters
Prev. Yesterday Closing Closing
New York Cotton: October
December
January
March
LONDON BANKERS:- Westminster Band, Ltd. Foreign Exchange and every des- cripton of banking business transact. May July
THE CHINA & SOUTH SEA BANK, Current Accounts and Savings Ac- Spot
LIMITED
(Incorporated in China). Head Office-Shanghai.
Capital
$7,500,000.00 Reserve
$1,500,000.00 Branches All Important Cities in
Chine
Foreign Earlunge and General Banking: Businen treamscard.
Current and Sering Accosts opened and Fised Deposita, received lac ose pear, oë, shorter periośn states which will be quoted co application,
SOU Z CELANG,
Manageri
BONG KONG BRANCHE
26 Des Forum Road, Central. Manager”.
ین
Foreign Exchange Dept.
General Offer
Tel: 33565
THE YOKOHAMA SPECIE BANK
LUMITED
Established 1880:
January. - March Trusteeship and Executorship dertaken. Safe Deposit Boxes for May hire.
HK. and K. Wharves
$63 1
Sterling Vaines
1532
EXPORTS
$
Bookings made before the in- 407,408,689 553,032,023 stitution of the war clause are
protected 1335
1934
Shippers who have made for- $
ward bookings since the institu- 199,303,965 237,569,25tion of the war clause and who
In terms of sterling valnes im- ports of merchandise during the
of 1935 in Merchandise first nine months creased by 24.7 per cent. and 9.0 Treasure per cent, as compared with the
Total corresponding periods of 1934 and 1963 respectively; whilst exports of merchandise increased by 166 (old) per cent, as compared with the Merchandise 207,027,554 352,275,259 immediately.
corresponding period of 1934, and Treasure (new) declined by 0.5 per cent., as com- Total
HK. and W. Docks $9 n. Providents (old) 50 ets. b. Providents (new) 20 eta. n. Hong Kew Sh. $2371⁄2 2. New Engineering Sh$4 Shanghai Docks $80 n
Cotton Millig Ewo Cotton Sh.$5 b. Shanghai Cotton (old) Sh
Shanghai Cotton (new) $40 2. Zoong Sings Sh. $81⁄2 2. Wing On Textiles Sh. $25 n. Lands, Hotels, etc. HK and S. Hotel $3 b, $3.30 HK Lands $25 by
Shanghai Lands Sh.$1390 n. Metropolitan Lands Sh. $10 m. Humphreys $7.60 3.9%
HK Realties. $4 n.
pared with period of 1933,
the
corresponding
NEW YORK STOCK EXCHANGE
Latest Quotations
October 23.
-The following quotations were 're-i ceived by Reuters
NAI/London NY Cotton
*Dec
Dac
S
Last
128,887,811 85,613,790
desire to take advantage of the 328,191,776 323,188,047 surcharge arrangement in, con-- nection with such bookings, should notify the Central Booking Office
1933
1932
$
103,142,361
410,169,915
91,371,098): The, surcharge arrangements
mentioned above will not apply 443,646,367 to shipments of Tea or China Silk
NEW YORK STOCK MARKET
Wheat Prices On Decline
COTTON BUYING CHECKED
ling
regarding which Conference Lines [will give the usual notice of any
increase in rates.
*Hong Kong, 23rd October, 1935.
PUBLIC AUCTION
THE Undersigned have received instructions to sell by Public"
Auction
on
commenting at 5.15 pm
at their Salce Room, Duddell Street
In their market report, Messrs Monday, the 28th October, 1935, close 10.20 11.00 S. E. Levy and 491% 43T 4914
pondents för M 10.82 1081 and. Compary,
Stocks: Until 1 1234test has revealed
the latest buying trading interest appears likely to swing from group to group, as in the last several days. Our view is that many industrial stocks have been over-discounted as to anti- cipated prospects Business done: 12,840,000
HK Tramways $10.65 £2. Peak Trans- (ok!) $5_n. Peak Trams (new) $41⁄2 1. Star Ferries $76 h.
NY Flec. Bond &
Stare 1334
10.88 10.77 10.79 10.81 10.70 10.73 10.71 10.79
10.76
10.81
HK Lands
$100
ed.
10.78
10.35
May
10.29 10.76 10.79
10.79
1.
11.15
11.20
counts opened. Fixed Deposits reNew York Bul ceived as rates which will be quoted
December on application Special rater given for Special deposits.
N.Y. Rubber.
Dec. Chic. Whest
13.0761298
13.07b
12.92
Dec
10132
13.14
13.00-
May"
· 100%
100%
-99%
13.31
13.17
Chic. Corn
13.45
13.32
Chinese Estates $86 1.
July
18.57b
13.483
Chinh Beauties Sinh t
May
59%
FEILIP GOCKCHIN
Chief Mana (PET
Chicago Wheat:
China Debentures Sh$85 2
·Public Utilities
STOCKS #
L. GOCKCHIN
Asst. Manager
LI SHU FONG December
Asst. Manage May July
101
101
Amer: Smelting 524 Ansconds.
100%
∙100%
Copper
20%
20%
3232
2016
894
891/
Con. Gas of
29,
Chicago Com: December
60%
18
May 17nly
59%
60%
Winnipeg Whe October
Yanmati Ferrier $17 mi C. Light $810 h, $8.20 3. HAK. Electrics. $52 · b........
General Motors: 51%
51%
Int: Tel & Tel°10%-10%
10%
Loew's Inc.
$50
49%%%
89%
December ¡May
895%
Macas Electrics - $20 (11, Sandakan Light $3 a.
Montgomery
Ward."
33%
935%
B&
New York Sti
December
2.40
Telephones (new) $61⁄4% 8.
Standard 02.
of NJ. US Steel
461⁄2
January March
2.17
China, Bunes: Sh$111⁄4 2. '-
213
Singapore Traction 13/- 1.
New York Penang
Part Louis
May 1July
217
S'pore Traction Pref. 25/- 2.
2.21
New York Suk December
Malabon Sugat $872 11-
March
May
Cald, Macg (Ord.) Sh$191⁄2 x Cald: Macg." (Pref), Sh.$18 nă Canton Tees $1.60 1.
Fafe
Quotations
rom
Silver
Cements $3.15. z.
THE MERCANTILE BANK OF INDIA, LTD.
HEAD OFFICE
15. Genescharch Stanet, Landon, E.C.A. Authorised Capital: £3,000,000 Subscribed Capital ... 1,800,000 Paid-up Capital ... 1350,000 Reserve Fund & Rest. 1,247,830 BANKERS:
The Bank of England & Miðand Bank, Ltd.
MAN BRANCHESÍ
Bangkok Boobay Cricurts
Capital (full paid-up) Yen. 100,000,000 Colombo Reserve Fund
en 127,450,000
Gala
Head Ofce: YOKOHAMA
Branches and Agencies,ut“
Alexandria
Exteria
Berlin
Bombay
Canton
Calcutta
Dairen (Daby)
Fenglién (Mokden)
Hamburg
Hankow
Harbin
Hon Ko
Hanoinin
Ksinking
Karachig
Kobe London Los Ange
New: York Osaka
Zpok
Kandy
Karachi
Lots Beru
(Martition) Bangoon
Kuala Lumpur Shanghai Kantan (Pabang) Simla Madzam
Shupspore
HONG KONG BRANCH,
Every description of Banking - and Exchange
[botinama · sentiacted, ra
Travellmes Cheques imped
Troste od: Executorships undert
INFMREST allowed
Current AccounÍA
Fond Deposit at. Bates that may beʻascache:
un sypletion.
7. Queen's- Boad Central. (2
Hong Song, Jábk July, 1965,
THE
SHANGHAI COMME
SAVINGS BANK
Telephones (old) $17.80 b, $18 NY. Central $23
Industrials
2.08 2.07 2062 2.05 2.05 2.07
66.40 66:23 66.70 66.350 67.05 66.65 GLAS €7,70
Insured?
HK. Ropes $1.90 1.
Stores, etc.. Dairy Farms $15.2. Watsons $335 b. Lane, Crawfont $23% Mackintosh $7ện.. Sinceres $160 n.
Wm. Powells 70 cia në) Wing On (HK) $55-m
Om MiscelinDOTS Entertainment
C. Enterprise
Macao
market to-day de- several unfavourable Including
Europe and the decline
wheat.
Lect that more dis- favourable and
set-back
9,318,000 ing is stil
the Bant
We believe looks highe
RAW RUBBER PRICES March and
(1936)-22
(1936) 22 Down
REICHSMARK QUOTATIONS
25th. of thisg- moni the last tender day for
ubber: Bu small, buying,
A Valuable Collection of POSTAGE STAMPS
Terms: Cash on Delivery
LAMMERT BROS.
Auctioneers. Hong Kong, October 23, 1935.
CANADA'S BUREAU OF STATISTICS
Service Extending Over 20 Years
ANNUAL APPRORIATION OF
$580,000
Ottawa, Canada, The Dominion Bureau of Sta
said to be the most complete of its kind in the be world has, just celebrated its 20th birthday and it coincided with a meeting at Ottawa of the Second Conference of Statist-
ans of the British Common
Latest
Anthe
the
Burean Bea