→ BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION

Authorised Capital

THE CHARTERED BANK OF - INDIA, AUSTRALIA & CHINA.

„$50,000,000 | Incorporated by Royal Charter, 1959

Issued and Fully Paid-up. 20,000,000

Reserve Funds:

Sterling

Silver

HEAD OFFICE. LONDON. Paid-up Capital

£6,500,000

,000,000

$10,000,000

Reserve Fund

Reserve Liability of Pre-

0,000,000|

prietora

3,000,000

Baserve Liability of Pro-

prietors

HEAD OFFICE: HONG TONG

BOARD OF DIRECTORS.

8. H. Dodwell, Esq.

Chatersan

CC. Knight, Eng-

Deputy Chaman.

Hon. Mr. W. Bell

A.

*Astritsar

Bangkok BASTIL Bombay Calortza

Agencies and Brand

Dollo

Ipoh

Larachi

Tode

|| Canion

Catapors

Kuching

Kedan

Tengkak

+1

(Bhakse).

Hamburg Hankow Harbier

Priplag

Pasong "

Zamboanga

Hon. Mr.J.J. Paterson Cebu Compton Esq., T. E. Pearce Esq, Colombo

Dethi

Mr. Johnson Esq., J.A. Plummer Esq. Haiphong G. Miskin Esq, A. L. Shields Esq.·

TM. Graybarn. Erg.

Chief Mangat.

BRANCHES 20

AYOT

LONDON

BANGKOK

SNOST

SUNGE PATANI

TORED

1

Foreign Exchangs and General Bucking busk Curvat Acrovals opened and The Depot mesired for one your or shorter peciola në zanes which will be quoted on application.

A. BREARLEY,

Manager. 'Hong Kong, 1st January, 1935.

SENGER

AMERICAN EXPRESS COMPANY.

IC

ommerce and Finance

LOCAL DOLLAR STEADY

Silver Prices Firm

The local dollar is steady, opening on demand this morning at 1/4% (nominal)-

Silver prices were steady at "spot 29-3/16 · and forward” 29-1/16.

The London on New York cross- rate was quoted at SS- $492, as compared with ±— the New while US$4.92%

London cross-rate was York on quoted at $115.$4.92%, as com pared with. S—US$491%-

COMMODITY PRICES

The following quotations have been received by Reuter.

Prev. Yesterday: Closing Closing

KALLO

"JUHORE

TORE

KOWLOOK

KUALA LUMPUR

MALACCA

KANILA

SUAK (Johore)

MUNDES

NEW YORK

FELPING

RANGOOK

SLIGOX

SAX FRANCISCO

SHANGHAI

SINGAFOX

BOGBABAYA

TIENTSIK

TSINGTAO

XOSOBAMI

Current Accounts opened in Loon Chicag and Fixed Deposita, twored for one you OF aborter patios in Local Correct noi Beling e terms which will be quoted ots"appliastian. ALSO up to date SAFE DEPOSTI" BOXES in vnoose sizes TO LET Y

Hong Kong, ls November, Disk,

HONG KONG SAVINGS BANK.

The Busiame of the shove Bank is omdat-

ad by HONG KONG AND SHANGHAT BANKING CORPORATION.

obtained as application.

FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION.

V. M. GRAYBURN,

Hang out, th February, 19.

THE BANK OF EAST ASIA, LID,

Authorized Capital *

6.586.000.00 3,480.COOLBO

Cannes Colombo Copenhagen Dublin

Edinburgh Florence Genera

Liverpool Хасагта

Lagano Lazer

Manicis

Yontract

Branches of American Express December Company in Principal cities of United May States of America and Canada.

Chist Manage

Autwerp

مسة

LOCAL SHARES

TO-DAY'S QUOTATIONS

The following is the list of local share quotations issued to-day

Banka

HK Bank $1,500 88. HE. Bank (London) £99 1 Chartered Bank M4

Mercantile Bank A and

£2834 Mercantile Bank C. flan Bank of East Asia: $71 1.

Insurances Canton Ins. $255 3 Unions Ins $565 b.

China Underwriters $1.10 0. China Fire Ins. $400 m. HE. Fire Ins. $255-1- International Assee: $4

Shipping

Douglases $56_n. HK. Steamboats $4.12. Indo-Chinas (Pref.), 530 n. Indo-Chinas (Def) $11 m Shell (Bearer) 80/104 Union Waterbosts $114.1.

Mining

Antamoks $1 m

Benguet Consolidated $131⁄2 b.

Ipo Mining 90 cts.

Itogons 36% eta I

Salzoots 15 cts,

B

HUNGARY'S BUDGET

Increase Estimates Tabled

GREATER APPROPRIATIONS FOR DEFENCE

BRITISH OVERSEAS TRADE

October Statistics

HEALTHY CONDITION SHOWN ALL ROUND

London. To-day-

The preliminary figures. overseas trade in October publish-

NEW YORK STOCK MARKET

Tim Offerings For

Buyers

NEW ADVANCE PHASE UNDER WAY

Hessrs. White Weld and Come

ed by the Board of Trade show pay, New York Correspondents. that the total exports of United for Messrs. S. & Levy and Com-. Kingdon produce, and manufacpany, report:

→CHINA MAIL" SPECIAL

Viera, To-day. The discussion of the budget estimates by the committee for finance began with the rea

tures were valued at £39,865,000; |

Stocks: When irregularity again- of a report on the expend

as compared with $34,098,265 in for the civil services,

buying interest disclosed thin: showed that since 1924 the September and £36,748,545 in Oc-nocovered little liquidation, new

Itober 1934 number of people employed in the total imports were $73,385,-aferings. A new phase of the ad- the police and army have in-

appears to be underway. creased from 55.000 to 76.700,000, as compared with £80,830,697 vance which implied an increased er in September and £58,999,589 in with emphasis on steel, copper, all-

against Business „dane: 2,050,000 shares. ~ penditure of from 53 to 70 mil-October 1934. The total re-exports railroad and merchandising issues-

were $4,782,000, 23 lion schillings.

Wheat. The market was not able- The State Secretary for De-$3,810,838 in September and

properly to absorb liquidation as- fence, Herr Zehner, declared $4,000,668 in October 1934

For the 10 months January to buyers remained on side lines, that the increase of artillery, the purchase of aircraft defence October exports totalled $651,-pending a clarification of the trade- and aeroplanes/643,000; as against $325,766,33treaty terms between, Canada and

guns, tanks would have to receive greater for the corresponding period of attention in the coming year.

1984 and imports totalled £612 the United States. Total sales

Wheat: 20,565,000 bushels. Com=" 5,020,000 bushels. Dr. Schuschnigg supported 410,000, as against $615,290,000 this, stating that the present and re-exports $45,255,000, international situation being against $43,672,0003 what it was the expenditureWireless Service for defence could not be reduced.

Britis

Cotton: Spinners are now taza Ting buyers of lower grades owing

to the scarcity of better grade cot-- the We would remain bullish.

The adoption of universal - RAW RUBBER PRICES Rubber: The better than sea- tary service, however, was notį

the

the

Singapore

sonal consumption prospects prom--

higher market. Total sales: 35 lots.

possible at present because of Latest Quotations Fromise a gradually, but irregularly

Nevertheless the cost. number of garrisons in country would be substantially Trans Ocean' Ser increased. vice.

BERLIN SHARE MARKET

Flash: The Pennroad Corpora-` Messrs. H.-B. Joseph and Cation has declared a dividend of 20- [have received the following

cents per share, payable on Decem Straits currency quotations from ber 28, as of stocks on record are

November 2 Singapore for raw rubber-

Spot 21 b. Unchanged 22

7/33.

January/March 22 b. Ur

changed 22:2

Latest Quotations

Head Office:-65, Broadway, New York

New York Cotton--- December

January

11.61- 1162 11.56 1154

Capital Surplus

„TLS $5,000,000.00 2.183,633.06

March

11.49 1144

May

11:50

11.40

Reserves

870,73405

July

11.44

11.35

Balatoes $17 1.

BRANCHES;

October

11.29 11.19

Amsterdam

Spot

12.00

12.00

Baguio Gold 22 etsin.

Atba

Beale Bertin

Bales may be

Bombay

Glasgow The Hagu Hyrane Hamburg HAYA Hekelberg

New York Rabber:

Naples

Paris

Priping

December

13.2

13.22

Benguet Exploration 13 cts. n.

January

13.29b

13.29b

Big Wedge &

Gold Creek 30 cts. n...

March

13.45

18.464

Bremen

Brands

Focanalosa London

Botterdams. Home Shanghai

Gold River 574 ̋cts. The

May

13.61

13.61

Calcutta

Southampton

July

13.768

13.768

Singapore

Chicago Whest:-

December

94%

934

Monte Carlo

Manila.

Tenior Fokohama. Zariok

[May

951⁄4

94

July

8834

Chicago Comm:—

593

59

59

58%

Ven, Goldfield $2.30 n.

The share market was

Jaly

60%

60%

All classes of Commercial Banking Winnipeg Wheat:- Transactions undertaken.

Docks, etc.

December

.8234

Personal investiment accounts hand-

May

+ted

July

87% 88

854 $7

HK and K Wharves

$90 m.

being firmar, but the volume of (ald) business was moderate, the tran-

Isactions in any

one investment

(Continued from "Page 1)

7162 1167 NY Cotton Dec. NY. Rubber Dec... 132s -13.22 Chicago. Corn Dec. Silver Official

9336

50

69

65% 65%

New York Sil

only in a few 30,000 marks.

cases exceeding

The Company offers to intending December Travellers the use of its "Travele

March Cheques" and Letters of Credit and,

BATTLE PENDING Addis Ababa A battle is just

2.04. 2.02

200 1.99

20 Utilities

$30,000,000

Paid-up Capita

Bete ad Cadivided Pro

HEAD OFFICE-HONG KONG. 10. Das Faux Bood, Central.

832

Kailan Mining Ad. 12/6 n. Langkats (Single) Sh.$13 n Shaf Exploration Sh$441 Shai Loans Sh. $94 11. Raubs $10

More Friendly Tone In Evidence.

*CHINA-MAIL...” SPECIAL. --

April/Ime 23 b, Unchanged

23

July/September 23, Un-

changed 23 s Market is steady. Berlin, To-day.

more

The following quotations were received: by Bauter:-

Pree To-day's

NX/London- CTORS-Cate

4.91% - 4.92

friendly in tone yesterday, prices OFFICIAL ITALIAN BULLETIN Chicago Wheat Dec. 94%

BOARD OF DIRECTORS:-

Sir Show-son Chow, ChairmaE."

14 Soon Chan, E PER A Esq. Wees Tun Tong Eag Chan Ching Shok, Ing. Li Lan bacz. Eng., Wong Chu Son, Eng, and "San Ting Po. Seg.

Balan

Tan Tung Po. Eaque Chist Manager. Ise Fong. Esq., Manager. ;

Bombay

Colerain

BRANCHES AND AGENCIES-

Maxila

Melboeme Ningman's

Osaka

~Bassile

Semarang

New York

Canton Haiphong Batakow Floooliss Robe...

Sesto

Priping

Sydney

Poonig

Tibake

Rangoon

Lowloon

Saigon

*Tokyo

Loadga

San Francisco

Pacia

Vancouver

Every description of Banking and Exchings

In addition, the world-wide service May of its thoroughly equipped Travel Department

~E W. DUGGAN,

Manager.

bakiness Labeected. Losse gTHE WING ON BANK

MOOLALATT.

Curr Accounts opened in. Local Caratty and Fixed Deposite morived for our__your aborter periods in Loen, and Foreign Curruncina

on terpay which will be quoted on application.

Sale. Deposit Boss To L

KAN TONG PO

Chint-Maunger.

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1980

LIMITED;

Hand Office:" Hong Kong 26, Des Voeux Boad Central: Authorised Capital $10,000,000 LONDON BANKERS;— Westminster Band, Ltd. Foreign Exchange and every cripton of banking business transach led long

Current Accounts and Savings.

Capital (full paid-up) Yen. 100,000,000 counts opened. Fixed Deposits

n: 127,430,000ceived at rates which will be quoted

on application. Special -rater

Reserve Fund

Head Office YOKOHAMA -

Branches and Agencies at Alexandria Di Nagasaki,

Nagoya New York

Orakz

Batavia

Berlin

Bombay

Calcutta

Carton

Dairen (Dalny)

Paris

· Pelping⠀

Rangoon

Fengtien (Mukden) Rio de Janeiro

Hamburg

Hackow

Harbin

Hong Kong

Honoiniu

Hsinki

Karachi

Kobe

London

Los Angeles

Manila

Mofi

San Francisco.

Seattle

Semarang Shanghai

Singapore Sourabaya Sydney

Tientsia

Tokyo

Tsingtau

zkow

Taterest allowed for Current counts in

for Special deposits.

Trusteeship and Executorship u dertaken. Safe Deposit Boxes for hire.

1.97 196/2

NEW YORK STOCK EXCHANGE

Latest Quotations

November 14 The following quotations were ra ceived by Beat

11.00

close 10.20

Last NYLondon 4ANT NY. Cotton

May N.Y. Bubber

Dee

11.50 -11.43 1142

HK and K Wharves (new)

$8TH2_D

H.K. and W. Docks $9. Providents (old). $1.30 ... Providents (new) 20 cts. t Hong Kew Sh. $23732-1. New Engineering Sh.34 n. Shanghai Docks $80 m

Cotton Millis

Ewo Cotton Sh.39 n. Shanghai Cotton Cold)

$85. n. ma

Sh

Dow Jones Averages

Fixed interest securities were beginning west of Makalle, ac-/30 Industrials 14256 143.59 1.03 up

20-Bail quiet, gold mortgage bonds end carding to reports trom Abys

Call money was at ginian sources. The chief scene to Bonds

ing weaker.

3 to 3% per cent-Trans-Ocean of the action is on the Ghera 11 Commodity Ser

|River, a tributary of the Takazze,

REICHSMARK QUOTATIONS

between Makalle and. Antals. Abyssinian troops under Ras Se

your have attacked the Italian Reichsmark forces and are now making satis Berlin, to-day. quotations (without guarantee) factory headway...

$5.04. 38.13 -2845 22.76.

96.17: 96.57210 p

Index

58.71. 38,44 ET ON Business Done:--2,050,000 shares.

LAST WEEK !

Shanghai Cotton (new) $55 yesterday were: New York, 40.24: From the southern front it is HARMSTON'S

Zoong Sings Sh.$12 n.

Wing On Textiles Sh. $25.0 Lands, Hotels, etc.

י

HK. and S. Hotel $5.60 1 H.K. Lands $36.za.

EK. Lands 4% Debentures. $100

Shanghai Lands Sh.$20 n. Metropolitan, Lands Sh. $10-12 Humphreys $10.55 n HK. Realties $6.10. 13. Chinese Estates $36 n.. China Realies $4 China Debentures Sh$35

13.23a 13.086 13.10 Chicago Wheat

Maybe 95% Chicago Corn

May

5914 STOCKS

94%%

58%

Anaconda

Copper

Elec. Bond &

LI SHU FONG! Asst. Manager

:2036

Share

15% General Motors 58 Int. Tel. & Tel, 10% Montgomery

Ward

20%

16 16 56%

56% 10%

20%

10

35%

N.T. Central

U.S. Steel..

46% 481⁄2

-463%

THE

-C. Light $160

PHILIP GOCKCHIN...

Chief Manager

LA GOCKCHLY Asst. Manager

THE CHINA & SOUTH SEA BANK,

LIMITED

(Incorporated in China);

Head Office-Shanghai -

$7.500.000.00

„$1,500,000.00

Capital Rescrve Branches-All Important Cities

Foreign Earbanga and General Banking Basiss Renosused.

Cereri and Seving. Accounts opened; and Find Ae-Deposits carved for our your or sharing, peciola

at 225m which will be quoted an application.

600 Z. CHANG

Deposits received for fred periods at rates to be obtained on application.

C. KISHINAMI,

Manager Hong Kong, 12th September. 1995.

POPEYE.

YOU'REITPE-COURT JESTER. GO TRY TO CHEER

POPENS UP TIL RECITE

A PIECE TO HIM WRICH LE RNED GABEN AUM

HOT TO DING: 2. Den Vertz Band, Cestoa)..

Momen's Office Fouriga rebenge Dept. Onuntai Offe

SHANGHAI COMMERCIAL &

SAVINGS BANK LIMITED

(Incorporated in China)

Capital paid up

$5,000,000.

$7,300,000.

Reserves Capital Savings Dept. $500,000. Reserve Savings Dept. $600,000, Head Office Shanghai

A Bank baringd as its the

Industrial development on- China" and the Lostering of her commercial relations abroad. Hong Kong Office

7, Ice House.”St.

Phone 21481-2-3

The

Langh

WHAT A FUNNY LITTLE

BIRD A FROG

AINT GOT NO

Public Utilities

HK. Tramways $15.35 Peak Trams (old) #54 1 Peak as (new) $4%% Star Ferries $89 Yaumatis Ferries

ELK Electrics 70 m2. Macao Electrics $20 ¤, Sandakan Light $3 p Telephones (ald) $241⁄2 n. Telephones (new) $10%1⁄2 n China Exses Sh.$1174-a. „Singapore Traction 18/- n. S'pore Traction Pret 26/- n.

•Industriala... Malabon Suger $81⁄2 a... Cald., Macz (Ord.) Sh.$191⁄2 2 Cald: Macg (Pref), Sh$13 n. Canton Tees 160 n. Cements

HK. Roper

Paris, 610.25; Amsterdam, 59.225; reported that the Italian troops and London-12225 - The Paris north of Gorahai are advancing aterling quotation was 74-67-7470, slowly, almost exclusively by the of tanks and motorised and the dollar, 15.18-15:19 3/16.—juse

forces. No important fighting Trans-Ocean: Service: Se

has occurred "here.·

LONDON STOCK EXCHANGE From the north front them ffs- lians are reported to have made London, To-day. -The Stock reconnaitring air raids as far as Exchange way quiet yesterday in Amba Aloje, that is about 30 view of the General Election to miles south of Antale Trans day, but the undertone was firm. Ocean Service British funds showed little change | and home industrial movements were mostly in an upward direc- tion-British Wireless Service,

Stores, etc.

Dairy Farms $18.90 sa. Watsons $5, 11 Lane, Crawfords $34 n. Mackintosh $5-1

Sinceres $1.60 E. Wm. Powell 70 cta, në Wing On (HK) $40 1.

Miscelaneous Entertainments $4 riz S. C. Enterprises $1.3 Macao "Greyhound Constructions Constructions

Vibro Piling $4 Ch. Govt 33925

91% në

HK Govt 4% Losa 5% HE. Govt. 34% Wallace Harpers"

To-morrow,

WM SITS ON HIM. LITTLE TAIL WHICH

British Red Cross Unit Dedicated

London: The Archbishop of

CIRCUS

corner of Chalbam Road and Cameron Road, Kowloon! No. 3 Buses to the Circus.

Canterbury yesterday dedicated Nightly at 9.15 p.m. the first British Red Cross mit bound for Abyssinia. The mit consists of 16 lorries fully equip Iped with medical supplies, and nurses, while pative will later be engaged, Somaliland. The wit Saturday for

The

address,

of the Red

cts, a body

ther

Loyal Subject

WHE

PLOP

MATINEES: Saturday & Sunday at 4:30 pmol. SPECIAL REDUCED PRICES

$130

(Including Tix) RING SIDE SEATS. FIRST CHAIRS CARPET GALLERY ASSE GALLERY

avico men in miform: First Ch 55 ets, Carpet Gallery 30 cent Booking At Moutrie's

Menagerie Open Daily from 8:00 am to 6.09 p.EEL

HONG KONG LLAR

CTORY

1936 ISSUE

KOW BET

NO

OMPALED

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