THE CHINA MALE
BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorised Capital
$50,000,000)
"Tised and. Fully Paid-up - 20,000,000
Reserve Funds:
Sterling ... $,500,000 Siver
$10,000,000
Reserve Liability of Pro-
Frietors
· HEAD OFFICE: HONG JONG.
BOARD OF DIRECTORS:
S. EL Dodwell, Esq.
Chairman.
C. C. Knight. E
Deputy ClaraKES.
Hon. Mr. W. K. Bell
THE CHARTERED
INDIA, AUSTRALIA & CHINA.
Inco rated by Royal Charter, 185
HEAD OFFICE: LONDON
Paid-up Capital
Reserve Fund
Reserve Liability of "Pro-
prietors
$20.003,000
Agencies and Brand
Aloe Se
Dola
Lenroos
Bangkok
Karwohi
Katug
Bombay
Calroma
Canton
Campo
Madras
Hanila
Modem
New York
Pelping
Colacebo
Hon Mr. J. J. Paterson | Cola A.E. Compton Esq., T. E Pearce Esq. MT. Johnson Esq.; LA. Plummer Esq. Haiphong G. Miskin Esq. A. L. Shields Esq.
ANOT BANGKOK
CALCUTTA
CASTOR CHEFOO
-DAIRES
FOOCHOW HAIPHONG
STANKO
KARRIK HONGKET
Lots
F. M. Üvegbrata, "Każ
Chust Macagre.
BRANCHES.
LONDON
ISON
MALACCA
MANILA
MDAR_Gosses!
MÜKBEN
NEW YORK
TELPING
PESASU
BANGOUS
SAN FRANCISCO-
SAIGON
SHANGHAL
SINGAFURE
SOCBABAYA
SUNGE PATASE-
TOKYO
TSINGTAO
ts vanoua`minne TO LET.
TIENTSIN
Bamberg
Serbia
Fing
Sourabaya
RAILWAY WORKS COMMODITY PRICES NEW YORK STOCK
Commerce and IN ENGLAND
Finance
LOCAL DOLLAR
DECLINES
"Forward" Silver Up
The local dollar has declined a demand half-penny, opening on 7 this morning at 176, (20m
"Spot" silver was steady at 29 5/16 and forward advanced 1/16 at 28 15/16-2
LOCAL SHARES
· TO-DAY'S QUOTATIONS
The following is the list of local share quotations žasúed to-day-
Banks
The London on New York cross- rate was quoted at S-US$422, Zavaboengs Еске Бок
as compared with 5-US$49236|| Foreign Exchange and Gomers! Banking busines while the New York on London Itzamncted.
Current Accouïts opened and Fized. Depazin cross-rate was quoted--at 5 B tresived for die zuar de ahorse periods at "raden.
$1.913/ which will be quoted, an application.
A. BEFARLEY,
Manager Hong Kong, 1st January, 1935.
THE
AMERICAN EXPRESS COMPANY,
INC.
Head Ofice:-65, Broadway, New York
„TIS $6,000,000.00. ..2183,633.06 870,731.05
Surplus Reserves
LPOH
SONDRE
FOSE
FOWLOOK
KUALA LUMPCE
1050HMA
Current Accouzata opened in Local Curren
and Fixed Deposits received for, one gust___ DE shectar perioda in Lacul Currency and Sterling
on terum whichmeilt de quoted sa appisention.
1150 up to date ¿AFE DEPOSIT BONES
Hong Kong. Let Noreczben,
HONG KONG SAVINGS BANK
The Busiame of the shove Bank is conduct.
by the HONG KONG AND SHANGHAI BANNING CORPORATION,
altained on application --
FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION.
T. M. GRITETEN,
Capital
Amsterdam
Antwerp
Athran
Данилы
Benin
Beriin
Bulen sy beh
Both be
Bresse
Begwarts Cairo
• Chit MacMENT.
Calcutta Cannes
Hong Kong, 25th February, 1960.
Colombo Copenhagen Dubin
THE BANK OF EAST ASIA, LTD. Edinburgh
-$10,300.000).40
Authorised Capital · Fadap Captain, Kometre and l'adzvuled. Pratite - $ 2480,090,40
HEAD OFFICE-HONG KONG.
st, Des Fur Bant, Cosera
BOARD OF DIRECTORS— Dat z Louw, CharmHAND, Lion Chum E P. I. Atq. Woor Jus Tong. Enquc Chan Chang Nei. Ergo Là La bang, Eng Wong Can You Eng and has Viog Pa, Esq.
Amoy
Jocon
Сенси Contes
LT Foog. Emy- Junger.
BRANCHES AND ROPENCLES 100
Maphong
Hanow Hansialu
محسسة
Kinon Losdos
Maria
носный
Lock
Slangba |zulgupare
Southey
Pa
Pel
www.tu
Bata Francamang.
by day
14yo
jainkama
"Every dewmation of Backing and Exchange bungesa temamited Lost grauied on approvid
Vurent Accounts proad in Local CurrRacy | and Fixed Deponas terested la que gune o miņciar, pervade in Logs mud Foreign Gürrencies on wrote whacts, wie be queued sa application- 17 Date Deponit. Bates, La. Lett.
KAS TONG BO
Chrt Maunger.
Florence Genera
Chenon Glangöm The Hague Havan Hataburg HATAR
NEW YORK STOCK EXCHANGE
Latest Quotations
November 2.
The following quotations were zer ceived by Reuter-
Last
Jose 10.20 11:00 [NYJLondon 492% 4925 492
NY. Cotton
HK Bank $1,580 52. HK Bank (London) $105 Chartered Bank £14 13 THE
Mercantile Bank A. and
52845
Mercantile Bank C. £132 1 Bank of East Asia $67 n.
Insurances
Canton Ins. 3735 b. Unions Ins. $530 1.
China Fire Ins. $110. A
235 32 International Assen. $4 1.
Shipping Douglases $36
HK-Steamboats-$4-n.
Huge Programme Of
Electrification
£30,000,000 SCHEMES.
IN PROSPECT
London. To-day
The following quotationsa: “have İbeen received by Peuter/"
Prev: Yesterday Closing Closing
New York Cotton: December
Jampus
March
May
July
$10.96 17.08 10.88 10.97 10.79 10.90-
MARKET
Dividend By General
Motors
HIGHLY SATISFACTORY TO MARKET
Messrs. White, Weld and Com pany, New York Corresponden 11.45 for Messrs S. E. Levy and Com
10.79 10.90
10.79
10.88
30.58
· 10.70
|New York
Dec
13.25
13.40
13:44.
18.57
18.59%
13.70
13.706
The railway companies have October issued a statement regarding the Spot Government's proposals for a loan to enable them to put în hand works estimated to cost £30,000," 000. The works will place the Bincreased trane with efficiency, companies in a position, to carry
and include a scheme for the ex- tension of electric traction, both Chicago Wheat U the main lines and in the December suburban arERS.
13.32
}pany,`report
Stocks: The dividend. annoszaco |by the General Motor Company.
coupled with the Election results [has proved to be highly satisfac- 1384tory to the market and we would. hold our positions." „A decision in an important Baltimore artility test case is expected shortly. Business done: 3,080,000 shares.
913 979%
Cotton: Freezing conditions arg reported in Oklahoma and Northe West Texas-Hedre selling is de- creasing, whilst Trade buying is increasing.
#Flashe. The First Notice Day. kumary cotton is December. 26, with delivery date on January
kage daily petroleum pro-
for the week ended Novam--- ber 22 was estimated at 2,798,000-
unchanged from the pre-:: ious week
May
9675
The Southern Railway, which July
89
897
has already electrified 450 miles p
China Underwriters $5.30/20
31.
of its route, will add another 250, Chicago Come-
December covering the whole of its South
5934
May H.K. Fire Ins. $230 b. $232257 Coast service and greatly increas
ing its ability to handle the ever-July growing trafic to Harbour for the Isle of Wight-December The London and North-Eastern May track between Manchester and New York Sugar: Sheffield will be electrified.
595
60%
Portsmouth Winnipeg Wheat:-
883%
-894
December
2.51
2.43
2.20
218
2.20
1218
2.25
2.23
2.29
2.08 2.05%
204 2015
204
2013
Montres) Silver:- December
54.45
65.70
65.45 65.80
March May
65.50
66,00
65.90 ~66325
Silos: The market. "from" the statistical point of view, is vulner- able. We would defer purchases.“ Rubber: The year-end stock is Cotton:-The First Notice Day expected to show a sizeable shrink
Indo-Chinas (Prefi), $30 = Indo-Chinas (Def.) $11. Shell (Bearez) 80/— Union Waterboats $111⁄4 n-
Mining
Antamoks 95 ets. b. Balatges $1616 “b. Baguio Gold 22 cts. 1. Benguet Consolidated $13 b... Benguet Exploration 13 cts. 1. Big Wedge 8 ctx. n. Gold Creek 80 cts. z.
BRANCHES.
-tilati
Dec. May
NY. Rubber
Dec.
*18
13.28
10.96. 11.00 1103 10.79 19.86 10.90
13.35
Pics
[Chic. “Wheat'
Peeping Priert
'Dec.
9744
Becserdata Borw
May
95%
97 974
Chic Corz
Gold River 51⁄2 eta
Shanghai
Dec
5831
59
Ipo Mining 90 cÈS, I
Southampton
的
Singapor
May' 593
5014
Bridelberg Interiako Jerusalem London Liverpool Luctre Lugao Las
Marseilen Monte Carlo
Macía
Xumicta
Xootres
Tiental
Taormina
Venice Yokahsızı Zurich
Branches of American Express Company in Principal cities of United [States of America and Canada.
All classes of Commercial Banking Transactions undertaken.
Personal investment accounts hand
led.
STOCKS
Amer Smelting 59% - 60% Anaconda
Itogons 35% chi a Salacots 15 cts. ILL
Kailan Mining Ad. 14/- the Langkats. (Single) Sh-413 m. S'hai Exploration Sh.441⁄2 n S'hai Loans Sh $5 1. Raubs $83-b...”
All these electrification schemes January are supplementary to the plans for March electrifying the London suburban May lines, under the £35,000,000 pro July gramme of the London Passenger New York Silk: Transport Board. which was 10-December
Bri-March nounced during the summer. tish Wireless Service.
May
SHIPPING TRADE January
IN BRITAIN
The publication Standard Statis Sics reports:
·Wheat: Until the Canadian mar- keting policy clears up, we would
advise traders to remain on side-
[Enes.
Satisfactory Increases of January will be December 26 age We advise purchases.
Reported
London, To-day.
The net tonnage of vessels for foreign trade that arrived at Un- ited Kingdom ports during Sep-
60...
Copper
21
14-215
Con. Gas of
XI
31% Elec. Bond &
Share
16 General Motors 54% Int. Tel & Tel 10% Loew's Inc.
30% 31
1641
16
56%*
567%
-Venr, Goldfield $2.30 n.
Docks, etc.
11-
10
43%
334 22
344
344
23
2336
$81 m H.K. and W. Docks $9 n.
declined by 1.2 per cent
49
Providents (old)
95 cts.
b movements in the
464 474 46
Montgomery
Wand
NT. Central
of NJ. U.S. Steel
The Company offers to intending Travellers the use of its "Travellers Standard Ou Cheques" and Letters of Credit and, In addition, the world-wide services of its thoroughly equipped Travel Department.
THE YOKOHAMA SPECIE BANK -
E. W. DUGGAN,
Manager.
49
494
48%
494
DUTIABLE LIQUORS AND TOBACCO
an-|
The Government Gazette nounces that HE. the Officer Ad- ministering the Government, under
THE WING ON BANK Ordinance No. 9 of 1927 (Public
LIMITED.
Head Office: Hong Kong 26. Des Voeur Road Central. Authorised Capital $10,000,000
Revenue Protection) authorises the Superintendent of Imports and Exports during the period from noon on November 6 to midnight or December 31, 1935, to refuse to LONDON BANKERS.-
allow the delivery of dutiable Westminster Band, Ltd. liquors and dutiable tobacco for Foreign Exchange and every deslocal use from ship side or ware cripton of banking business transact house on payment of duty in any Current Accounts and Savings Ac-cases where deliveries are demand- Capital (full paid-up) Yen 100,000,000 counts opened. Fixed Deposits re-led of amounts exceeding the deli- Reserve Fund Yen. 127,450,000
LIMITED
Established 1830
Branches and Agencies at
Nagasaki Nagoya
Head Office: YOKOHAMA
Alexandris
Batavia
Berlin
Bombay
Caletta
Canton
New York
Osaka
Parki
Peiping
Dairen (Dalny) Bangoon Fengtien (Mukden) Rio de Janeiro
Land San Francisco
Seattle Semarang
Hamburg
Hazkow
Harbin
Hong Kong
Honolulu
Hsinking
Karachi
Kobe
London
Los Angeles
Manila
Moji
Shanghai
Singapore Sourabaya Sydney
Tientsiz
Tokyo
Tsingtan
Yingkow
Faterest allowed for Current
counts.
ceived at rates which will be quoted veries which appear to the Superin- on application Special rates given tendent to be reasonable deliveries for Special deposits.
(in the circumstances.
Trusteeship and Executorship m- dertaken Safe Deposit Boxes for hire
PHILIP GOCKCHIN Chief Manager
LI SHU FONG Asst. Manager
L GOCKCHIN
Asst. Manager,
THE CHINA & SOUTH SEA BANK, LIMITED
(Incorporated in China) Head Office Shanghai
Capital
$7,500,000.00
$1,500,000.00
Eeserve Branches-All Important Cities in
China
Foreign Exchange and General Banking: Baninos tesanacted
Corrent and Saving Accounts opened and Fixed Ac-Deposits received for now year or shorter periods
st" "rate" "which" will be quösed or application. «
GOU Z CHANG
Deposits received for fred periods at rates to be obtained on application.
C. KISHINAMI,
Managem
Bong Fang 12th September. 1985.
HONG KONG BRANCH:
Manage
· 24, Der Fazuz Bondy, Central,
Foreign Exchange. Dept. "insan General: Office. Cashier's 05
POPEYE. “The Voice Of The People."
· SEL MONTAS HAVE PASSED SINCE THE LANDING OF.. POPEYE'S ARK POPEYE 15. NOW RULING THE PILGRIMS BUT ALL 15 NOT WELL FOR! BRECALLST
JUHO FIN
SINESS,BUCKLED "POPEYE BRING: ANY IDOMEN
(NO UDOMEN?
WE WANT FEMININITY:
Two cases of diphtheria and one ¡of enteric fever were reported to the Health Authorities as occurs ring in the Colony in the 24 hours
ended on Tuesday.
THE
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)
Capital paid up ... $5,000,000. Beserves
$7,500,000.
Capital Savings Dept. $500,000. Reserve Savings Dept. $600,000. Head-Office-Shanghai.
A “Bank laving as its mission the industrial, development on Chisa and the fostering of her commercial relations abroad.... Hong Kong Office —
7. Ice House St. Phone: 31481-2-3-
WOHEN,
AND LUE WANT
SONG
HK and K. Whartes ~ (old)tember last with cargo 6.5 per
$312 b., $34:32.
than in September
cent. more
HK and K Wharves (new) 1934, but departures with cargo
The review of foreign trade
third quarter
with delivery date January 2.
MAJOR-GENERAL.
SIMPSON VISITS®
OLD REGIMENT
(Continued from Page 1)
COLONEL OF REGMENT Continuing, Major General
Latest Quotations -
The following, quotationa received by- Banter:---
NY/London
Cross-Late
Prev. lo-day's sloss alone
4.92%- 491
N.Y., Cottozi „Dec. ....... 10.96 11.03 N.Y. -Rubber Dec... 13.18 13.52 Chicago Wheat Dec. 975 Chicago Com Dec. 58 59 Montreal Siver Dec. 65.45 · 663701
65%%%
of 1935 shows that the total net Simpson said that he next visited Silver Official tonnage, both entered and clear-ne of his daughters and her
Dow Jones Average).
ed with cargo, was the highest family in Vancouver, and now 1:30 Indmurials 14107 14296 183" up- recorded in the third quarter of have come here to visit the Lin-30 Falls
of colnshire Regiment, of which 120 Utilities any, recent year, with zises
95/31/sa, rinkt Providents (new) 20_cta. n Hong Kew Shar$23734-1. New Engineering Sh$4 n. Shanghai Docks $80 n.
Cotton Milla
5.8 and 2.5 per cent, respectively, the Colonel I shall be leav-140 Bonds Ewo Cotton. Sh.39 b.
as compared with 1934 British ing via the Mediterranean and T11 Commodity Shanghai Cotton" (ald) Sh.Wireless-Service:
hope to meet other friends of the Business Done: $,080,000-pixres $80 b.
Shanghai Cotton (new) $55 8. Zoong Sings Sh. $81⁄2 1
Wing On Textiles Sh. $25 m. Lands, Hotels, etc. HK and S. Hotel $4.35
$4.40 sa
HK Lands $321⁄2 b, $33 Sa. HK. Lands 4% Debentures $100
Shanghai Lands Sh.$13.90 zi Metropolitan Lands Sh. $10 a Humphreys 39% b£• HK Realties $44 1 Chinese Estates $36 m China Rezlties $4 n. China Debentures Sh.$35 a.
Public Utilities H.K. Tramways $14 b., $132/-
13 sa
Peak Trams (old): $54 hi Peak Trams (new) $41⁄2 nD. Star Ferries $85 b. Yaumati Ferries $17
C. Light $103⁄41⁄2 h. $10.68 sa. HE Electrics $661⁄4 b. $67-sa. Macao Electrics $20 1, Sandakan Light 13 n Telephones (old) $233⁄41⁄4 b., '$23.-
80 88
Telephones (new) 19 h. China Buses Sh$113⁄41⁄4 1 Singapore Traction 18/- n... S'pore Traction Pret 25/- 1. Industrials
Malabon Sugar $81⁄2 *
Cald, Marg. (On£} Sh$191⁄2 n. Cald: Macg. (Prefa), Sh$18 a. Canton Ices $1.60n.
CAPITAL ISSUES LARGELY
INCREASE IN BRITAIN
same
Regiment at Singapore. Malaya and the 2nd Battalion of
35.05 35.60. 34 up) 28.00 28.15 15 up -96.35. 9649.77_14_sp=
Inder... 56.56 56.58 · 08-A
the Regiment at Malta Then RAW RUBBER PRICES
so Home"
· SOT TALKING!
Asked what he thought of the Latest Quotations From London, to-day--For the first Abyssinian situation, Major-Gen-
Singapore 10 months of this year the new eral Simpson laughingly replied. capital issues total £159,000,000. TI tell you that after I have
*Messrs. H B Joseph and Com as compared with £124,000,000, been through the Mediterranean. have received the following Straits- £113,000,000 and £98,000,000
Currency quotations from Singa-
respectively, in the corresponding Major-General Simpson waspore for raw rubbers
periods of 1934, 1933 and. 1932. British Wireless Service.
Cements $5 b... $5.40 sa H.K. Ropes, $3 b.
Stores, etc. Dairy Farms $17 b; $171⁄44 Watson $4.69 but
Lane Crawfords $24.
-- Mackintosh $5 d.
Sinceres $1.60
Wm. Powells 70-cts: n. -Wing On (HK) 340 1.
Miscellaneous. Entertainments $4 n.
Born on November 15, 1856.1
{educated at Marlborough, College. He entered the 10th Foot in 1875 and commanded the 4th Bn. Duke of Cambridge's Own Middlesex Regt 1900-04. "He was attached to the
General Staff, Western Command, from 1905-08 and com-
sa.manded Mauritius from 1912-16.`-.
S. C. Enterprises $1.35 n.. Macao "Greyhounds” $2 Constructions (old) **21⁄2 Constructions (new) 25 cts. Vibro Piling 34 12. [Ch. Govt. / 5% 1925 G$Bds
91% n
HK Govt. 4% Loan 5% pres
b.
HK Govt. 84% Loan Par Wallace Harpers $4 n
Spot 22 1⁄4 Up .b., 22 1⁄2 8 January/March 22 % Up by
29 3. April/June 23 % Up % by
July/September 24 Up
24/48 Market:-Firm.
From to-day many local cele-! brations in connection with the anniversary are due to take place. DOLLAR ACADEMY
[including the presentation of the
Dollar, Scotland.
drums, the Trooping of the RegiREPARATION for Univer-
mental Colour, and numerous 30-
sities, Army, Public Ser cial and sporting activities.
vices, Commerce. On Lift of The 1st Battalion, Hong Kong Schools nominating for Sand- purchased a set of silver
zumna hurst. Contingent of Junior Divi-
sion 0.1.C.
38. a sotrvenir of the 250th versary. bought solely
{mark of the
"BUT WE CANT HAVE
SONG WITHOUT GALS BLESSEM
To-morrow.
"Why
WE WANT WAVESIA POOEY TO OUR DICTIPATOR
Bring That Up."..
TO YOU
FROM ME
Mild climate and Healthful sure- nb-roundings, specially suitable for
of colonial boys and boys from urban..
areas. Preparatory School ad-
cent
rospectus and full particulars imay be obtained on application to-- the School Secretary, or at the Office of this paper.
Horn Kor
DOLLAR DIRECTORY
936 ISSUE
BEING COMPILED TR INFORMAM
E'S DIE
NOW