BANKS-
HONG KONG AND SHANGHAI- BANKING CORPORATION Authorised Capital- $50,000,000 Issued and Fully Paid-up. 20,000,000. Reserve Funds:
Sterling
Silver
£6,500,000 .$10,000,000
Beserve Liability of Pro-
prietors
$20,000,000
HEAD OFFICE: HONG KONË.
BOARD OF DIRECTORS.
B. L. Dodwell, Enq-
C. C. Eight Enq.
Depoty. Carth
Nor Mr. W. H. Bell
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1853. HEAD OFFICE: LONDON.
$53,000,000 Paid-up Capība?
Reserve FundES,000,000 Eeserve Liability of Pro-
prietors
Berg
Shanchal
£3,000,000
Amrit
Ipoh
Agencies and Benches:
Bampion Saigon
Karachi
Fans
Bombay
Lode
Calotte Canber Caempore
F
Lompat
Fucking
Madion
Madan
Tongisk
Sew Tork Priping
Hoa. Mr. J. J. Paterson Cebu A. E. Compton Esq., T. E. Pearce Esq.
Delhi
M.T. Johnson Esq., LA. Plane Esq. siphong G. Miskin Esq. A. L. Shields Esq.
AVOD
BANGKOK
HAME
HANKOW FARRIN HONGEEW
IPOE
TOBE
IOWLOOK
T. K. Grazuma. Jema
Chut Kanart.
BRANCHES:-
-ALALA LUMPUR
LONDON
LYUNS
MALANCA
MANILA
ARAR oborri
NTEDEN
NEW YORK
PEPING PENANG
BANON
SAN FRASCHED
SHAMBAT
SINGAPORE
“SOLBADALA
SORGE PATANI
TESTSIN
Tukio
SINGTAO YOKOHAMA
Cement Accounts opened in Loosi Currency and Fited Deponite racewend fur one war o
active patios in Love Currency and Styling
on terms which will be quoted on appicative. 1550 up to date sark, DEPOSIÍ DOXES
inum IO LENN
Hong Kong in Sprember, 2
HONG KONG SAVINGS BANK
The Bunder of the above Basis is coachuc??•
ed by the 50NG KONG AND CHANGHAY BANKING CORPORATION
btained on
Buine may im RONG AND SHANGHAI BANKING CORPORATIOS.
FOR THE BUNG
V.M. GRAYBURN,
Chief Managed
Hong Kong, Mrs Fascuncy, 1
Baby
Esakor Harbin Hong Kong
transacted.
Prang
Singapors Satakwam Soursby's IMPRE
(Banket) Mangino Zokunama Zamboanga
Foreign Exchange and Games Banking business Comes Loute opond and Fixed Deposits received for com your "de shorter pacoda at ran vhich will be quoted on application.
A. BREAFLET”,
Manager Hong Kong, 1st Isimary, 1935.
PUTER
THE CHINAEMAIL SATURDAY-
Commerce and Finance
1935
NEW YORK STOCK MARKETS
arkets Somewhat
rregular
UTILITIES SHOW SMALL. ADVANCE
RUGBY
{Continued from Page 4):
ing history, and is now
divinity preparators to
the church
CHURCHES
FIRST CHURCH OR CHRIST SCIENTIST
A Branch of the Mother W. R. Laney is a good, busting Church. The First Church of plays Christ, Scientist, in Boston, Mass). and is al
Macdonnell Road, below Boven-
front-row forwar
with plenty of
Messe Whitenfeld nd ti Com Says on the ball. He is at 31⁄2 Road Team Station.
and Com
was a brisk demand for shares, SHARE MARKET
at improved rates, but the volume of business put through was not Messrs. Harriman's
however, of great dimensions, ow Weekly Report ing to the scarcity of scrippany, New York Correspond
The enactment of a new local for Messrs. S. Messrs. G. A Harriman and Currency Bill did not altogether any, reportiv Co's weekly share report and mar-come as a surprise, as the recent ket review issued at noon to-day violent auctuations in exchange Stocks?
were obviously detrimental to somewhat fore slight declines
|states:-
BUSINESS DONE DURING
THE WEEK
in in height weight List-125. and is 22 years of age. He has played for Otago University for two years, and has also represent fed Otago for the same period. He is sitting for his final B & this year and is then going to study divinity.
Good Forward
Sunday Service == $615 Sunday School: 10 am: Subject: - GOD THE ONLY" CAUSE AND CREATOR.
Testimonial Kesting"-Wednes- days, 6 pm
Beading Room is located at [above address and is open:
Monday and Thursday: 5.50 to
Tuesday and Friday: 10 to 12
Dow Jones dustrial and rail avera mtilities showed a small advance. We believe that, in spite of text 0. F. Chapman is a forward Hong Kong Banks $1285, $1290, switching and other year-end ad- who stands 6ft. lin. in height,
$1530, 1330; $1350.
justments, selective buying will weigh 15st. 7th, sed is 22 years o Bank of East Asia $70% -
continue: We also believe that of age. He is particularly good. Canton, Insurances $260 buying opportunities exist in in-st line out play. He has played Literature is available at the Union Insurances $53732 dustrial and railroad securities. for Otago University for the last Reading Room. China First Insurances $450. Business done: 2,570,000 shares four years, and has represented The Public is cordially invited Otago for the past three years to attend the Service and visit the H. E. Fire Insurances $240.
"Wheat:-We would favour a He was in the New Zealand trials Reading Boom Wharves (Old) $90, $91. Providents (Old) so cts,
A phase in the history of the trade and prosperity of the Co-
lony, . Colony came to pass when the government announced - their new monetary policy of a managed car reacy on Thursday last and the feeling of increased security and confidence that pervaded the mar ket after the announcement spells a new, prosperity, in the history of the Colony of Hong Kong The Government of Hong Kong are to be congratulated on their wise move and we are confident that the tide
AMERICAN EXPRESS COMPANY, has turned in the future prosperity
INC.
Head Office: 85, Broadway, New York
Capital
Surplus
Reserves
Antwerp Albaza
US$6,000,000.00 2,183,633:06 870,731.03
BRANCHES>—
Azetmedaen
Grecs Glasgow
The Begra
Hamburg
Bombay
Heidelber
Houthan
Bessaania
Cairo
Isterilen Jenazlog Labdon
Clicutte
Bacla Karim
Скания Colabo Copenhagen Dunia Edimburgh
Geors
Lverpoo!
Lucerne
Jugnoo Lyckor Kurvellion Monte Carlo
Manila
Marich
Modiwix
Disa New Naples PAPE Pana Priping Pierino Esterdam Bode Shanghai Southscapton
Singapor Thembitu
Teoman
Two.ca Vezion Yokohama Zatich
THE BANK OF EAST ASIA, LTD. Company in Principal cities of United
........$20,000,060.00 Authored Capita
$ 5,508,500,00 Рыбир Серг Laser and Undiced Pryste$2,480,000.00
HEAD OFFICE:-BONG KUNG. 10. Dos Turut Band, Contra!
BOARD OF DIRECTORS—
Sur Show-son Chow, Charinan.
Branches of American Express
States of America and Canada.
of the Colony as we pointed out in our totes last week the ex- change factor has been playing the with drakes and {"ducks
stability and confidence of or market for years past and the firm and confident attitude adopted by our seniors can be productive of nothing but praise for their fore- sight, and admiration for haring the courage of their own convic tions. At the early part of the week (before the news of a “man- axed currency was announceã) the market opened quietly, but a considerable-turnover has taken
$1.10.
Hotelts $4, $5: Lands $470, $35, $36." Tramways $135 $144, $1274 Star Ferries $33 China Lights $iaïa $10.15,
$10.60, $10.80.
All authorised Christian Science
ARMY BATTING AGAIN GIVES ANXIETY
(Continued from Page 5.)
་
The Juniors
$1, moderate accumulation of hold last year, and is regarded as one ings in anticipation of an early of Otago's best forwards. He is improvement in demand from both in the fourth year of his medical domestic and foreign consumers-course.
Wheat:-21,359,000 S. W. Simmers is a good, solid Total sales: bushels, Com: 4,438,000 bus-type of scrummaging forward. who has played for Otago "Varsity hels
"Cotton:-While domestic and for the last two. years, and this Electrics $6134, 362 $55, $664. foreign takings are far exceeding year played for Orago. Six feet Telephones (New) $$$ those of last year, we think that in height, he scales 14st, and is
offerings of fatures by the Pro-24 years of age. He is in his loon Cricket Club will meet the ducers Fool are overhanging the third year of his arts course and Recreio in a league encounter on the latter's ground and, although" market and we would advise trad- intends to take up teaching.
21. Thomas is a first-class the Kowloon side is weaker on ers to take their profits on ad-
hooker, a great battler, and is al-paper, Ifully, expect them to take [vances...
ways on the ball. He has played both points.. The Police are play- **Copper:-Most fabricators and for Auckland University College ing the Navy in a league encoun rolling mills are operating at ca- since 1933, Auckland "B" repre-ter at Happy Valley and the
$9.30.-*
Cements $44 Ropes $4, $434, Dairy Farms $18
Entertainments $3.40 b.
Antamoks $1.05, $1.15, $120. Raubs $9.10, $9.45-
Gold Rivers 7 cts.
In the second division the Fow-
place during the latter part of the CHANGES (3.15 pm) CLOSING pacity. The continued good de sentatives, and King Country and sailors should have no difficulty as
rose
week and rates in the investment section have been marked up con- siderably, Hong Kong Lands after having changed hands at $35, to $36. Hong steadily Kong Trams opening with buyers to $14, at $134 improved All classes of Commercial Banking closing with enquiries at this rate. Transactions undertaken.
Star Ferries were dealt in at $88; Personal investment accounts hand-and more shares were wanted at this figure. Hong Kong Electrics
-iled
Li Kaso Chen, Eaçu P. X. Ewok, Eng. Honk!
Tun Tong, Eag. Chan Chit Seh,
Seag. Eaq, Wong Chu som da
P. Exq
Kan Tong Po. Em Chist Monger.
Tes Fong. Eaq. Xanager.
BRANCHES AND AGENCIES
JORDA Calcante Cantos Expoint Bak
Manila
Nagmatics
New York
حني
Paria-
Seattle
Semarang ishangina * Tanampara -ZONZENETE
bwelow Snged away Tachosa
Perping
Kobe Kowloon Loodam
Tel Tokyo
Ea Francisco
Vancouver
Sonohama
Emery decription of Basking and Exslangi. "Bunitions" tenzinstać Londa gracted or approved
Cement Account opened Local Currency and Fixed Deposits cited for Ob TWW aborter periods in Local and Foreign Camocion -on Lardia whack_will be quoted or appúcation.
bale Dapodi "B
KAN FUNG .
Chaet, Manager-
THE YOKOHAMA SPECIE BANK
LIMITED
Established 1839
Capital (Inll paid-up) Yen, 100,000,000 Reserve Fund
Yen. 127,450,000
Alexandria
Head Office: YOKOHAMA
Branches and Agencies at
Nagasaki Nazoya New Yack Osaka
Batavia
Berlia
Bombay
Calenttä
Canton
Dairen (Dalny).
Paris
Peiping
Rangoon
Fengtien (Mukden) Rio de Janeiró
Hambur
Milankow
Hazbin
Hong Toar
Honolulu
Hainking
Kobe
London
Los Angeles. Maniila
Mo
Sin Franciaco
Seattle
Semarang
Shanghai Singapore Sourabaya -Sydne
Tie
Tringtar
Interest allowed for Comment Ac
Deposits received for fixed
at rates to be obtained on
C KISHINAME;-
Kanager.
The Company offers to intending had sales recorded at $61% at the Travellers the use of its Traveller beginning of the week but latterly Cheques and Letters of Credit and, rose 6 points, closing with buyer: addition, the world-wide services at 969 after business done at $70.1 of its thoroughly equipped Travel Telephones. (old) were a pro Department.
minent feature having improved Wharves E. W. DUGGAN, from $21.85 to $25.
Manager were in fairly good demand, busi.
ness having been done at $90/91. Dairy Farms improved to a buying rate of $18. Minor issues enjoy. ed their fair share of popularity, Providents (old) rose from 30) cents to $1.25 closing in demand Capital
Hotels after at the latter figure. Reserve Branches-All Important Cities in having been done at $460, rallied
THE CHINA & SOUTH SEA BANK, LIMITED
transacted.
(Incorporated in Chima) Head Office-Shanghai
$7,500,000.00 $1,500,000.00
China
to $520 at which rate there were Forsigs Exchange sod. General Banking Bine free buyers. Cements improved Carter and Sating Accounts opsmed and Fixed from $4.75 to $63% Ropes chang- Depente received for one yr ar shop woda red hands at the enhanced rate of at rate which will he quoted on application
2603_Z. CHANG.
. TRONG BỌNG BỊ CH
36, Des Toner Road, Central
Kanger's Off
Foreign Embang Dept.
General Oswe Cochines D
THE WING ON BANK, LTD.
154/44
QUOTATIONS BUYERS
Banks of East Asia $70. Canton Insurances $260. HK Fire Insurances $250. China LightsTM $10.70. Humphreys $10. Electrics $67 V1⁄2.. Telephones (Old) $24. Cements $6.10. Telephones (New) $9.30. Dairy Farms $1832.
SALES Hong Kong Banks $1345/1350. H. K. Fire Insurances $240. Lands. 236.
Providents (Old)) $1.10. China Lights $10.70/1034- Telephones (New) $9.30. Artameks $1.20.. Dairy Farms $184.
H.K. SHAREBROKERS ASSOCIATION
Stock Report
The following report was issued
Banks $1345/1350 sa Canton Insce $255 b. Underwriters 90 cts. b. Unions $560 sa.
Chiza Lights opened by the Hong Kong Sharebrokers" with buyers at $-0, but soon show: Association yesterday afternoon. ed considerable strength and were done up to $10.80 cash and $11.29 February. In the sterling sec- tions, Hong Kong Banks remained more or less unchanged, with busi ness done at $1280/1350. Unions were better with transactions put through and scrip in demand at $560/65. The tone of the market at the close is very encouraging. Foreign Exchange and every des and everything points to a new cripton of benizing business transacters in the future prosperity and history of the Colony of Hong
Head Offices Hong Kong 26, Des Voear Road Central. Authorized Capital $10,000,000
ed.
LONDON BANKERS: Westanjrater Bank, Ltd.
Current Accounts and Savings Ac counts opened. Fixed Depositare Kong with renewed, and continn- ceived at rates which will be quoted ous activity in the share market
assured. on_application."
Trusteeship & Executorship under- *aken Safe Deposit Boxes for hire PHILIP GOCKCHENT Chief Manager.
THE MERCANTILE BANK OF INDIA, LTD.
RZAD OFFICE: 15. Gemachtich Street, Zetidon, E.CA Authorised Capisal
£3,000,000 Subscribed Capital 1,800,000 Paid-up Capit $ 1,050,000 Reserve Fundță Rest: 3,247,830 The Bank of Bogimal & Midland Bank, Zad BRANCHES;
Bangkok
Hong Kong, 12th September, 1965. Hominy
THE
SHANGHAI COMMERCIAL &
SAVINGS BANK LIMITED-
Cinecuperated in China);
Capital paid
$5,000,
Colombo
Zelti Galia
EXTILERS:
andy
Business during the week has been done at the following prices:
HK. Banks $1280/1350,-
Union Insurances $5372/565.--- Canton Insurances $240/260. China Fires $480,- China Lights $10.-/10:20. Sinceres $1.55/170. HK Lands $35/36.— Entertainments $3.10/3.40 Govt Loans 45% 6%. Antamoks. $1.05/1-15./
HK. Electrics $61/66%. Cements $44.
Dairy Farms $136%/%/277 Underwriters 90 cts. Providents (old) $080/110.
Douglases $35.b. Steamboats $3 b
Eotels $56.
Humphreys $10 ₺., $101⁄4" sa. 10 Wharves $90 b.
Providents Old $105 5.
Trams $14.20 b.
Lights $10.60 CD b.
Electrics $67 bo
Telephones Old $52 h., $25 88. Telephones New $9 b Canton Ices $1.70 CD b. Cements $6 b. Dairy Farms $18.b. Entertainments-33% Nanyang $3.20, 83-- Watson $44
The He winning
Craigengower: representatives. mand is expected to cause an ad- Waikato vance, in prices early next week went to Wairarapa Boys' High juniors will travel to Sookampoo to A considerable volume of the me-School, where he was in the first play a friendly fixture against the tal is believed to have been pur-fifteen. He is at present study- Indians and should win. chased in anticipation of an ad-ling accountancy at Auckland Uni-
Selected Teams vance. We would take profits inversity College, and is in his final The following are some of the futures on balges.
stage for the professional accoun-teams for to-day's games: tants" examination.
Royal Navy it XI:-L. Branwell American Rail-
L. S. Drake is a forward who is Lt Battey, Surg. LL. Kirkwood, La way Association estimates car-
a good hard worker in the tight, Poe, La Fanting, L. Nix. ERA loadings at 570,000 cars, an in-
Day, Engr. Comdr Davis, Tel. Tufnell, and a clever player generally. He La Wraith and Lt. Buchanan- crease of 22,000 cars from the has played for Auckland Univer- Dunlop. corresponding period of last yearsity College since 1932, and play- The Army Major V. J. Bonavis,
"Flash:-The
-
NEW YORK STOCK
EXCHANGE
Latest Quotations
December 7 The following quotations, were ceived by Beuter:-
2
close 10.20 11,00
N.T./London 4.33% NY. Corton
Мат
11:46 1151 11.50 N.T. Rubber
March
17.39 113.27AM 13.33 Chicago Wheat
May 95%
95 Chicago Comm
May
58%
591⁄2
STOCKS:
Anaconda
Copper
Elec Bond &
28
Share
15% General Motors 551⁄2 Int. Tel & Tel 13% Montgomery
¡NY. Central
39
2844 23
15% 1534 55% 6534 132 13
39%
39
and
284 283 28% ¡U.S. Steel 47% 4774-47%
don.
ed for the Auckland representa-Capt L. J. Walch, Capt. D. W. Persze, tire team in 1932 and 1933, and Lt R C Clegg-Hill, L. J. R. Jotme. the New Zealand Universities in SOE. M. Dawson, Lt. J. P. Williams, Lt. C. C. Garthwaite, C. S.
1953 He went to Auckland Grammar School, where he was in the first fifteen and first eleven.
Toured Australia---
1. P. McVeagh is a good loose forward, whose sense of anticipa tion enables him to combine wall with the backs. He has played for Auckland "Varsity since 1931, and toured Australia with the New Zealand Universities' team 1931, and has played for the Auck land "B" representatives. He was educated at Sacred Heart College, Auckland, where he was a mem=] ber of the first fifteen and first) eleven and dux of the school He has completed his LLM degree, with first-class honorira.
Elvir, Cal Ballard, and Fus. King. ECC 1st XI F. Goodwin (Capt.),
E. E C Finches, F. Fincher, A-De Lay, W. C-Hong, F. S. W. Smith, G♫ C. Burnett, E. Lee, A. W. Ramsey, F. Zimmern and F. A. Manz
KCC 2nd XIE. Overy, G. Lee, A A Dand F. Broadbridge, V. Darling, F. E. Lawrence, B. Lay, W.
Mackenzie, G. Craig, C. B. R Sargent and S. Jer
Royal Navy, 2nd XI--La Comde. Barry, Chief E. E. A. Vickery, E. R.
Cripps, Ldg. S. Hinde, A. B. Dale, Ldg. S. Moore, Yates, Lt. Boze, Chief E R. A. Eaton, Serg. L Comir Belcher and O. D. Dawe
GOLD MINE GOES. BEGGING
No Bidders At South-
African Auction
T. O. Stace is "a hard-working forward" who is ziways on the ball. He attended Nelson College from 1926 until 1932 and was head prefect in 1932. He played for the first fifteen in 1931 md
A gold mine which has produr- 1982. He gained a place in the ed over $1,000 worth of gold a Canterbury College first fifteen in month has gone begging here. represented the college when it was offered for sale the
at cricket in 1934 and 1935. He is
Johannesburg
The following quotations from Lon-studying for the degree of Bache-auctioneer could not get a bid.
The mine is the Dorothy Gold' were received last night belor of Engineering. Twenty-one Mine, between Randfontein, and tween 5.30 pan. and 10.30 p.m. Jears of age, he is 5ft 8in. in Silver Spot 293/16 (lasz close), height, and weighs 125. 515. - 29 3/16 (last read), unchanged.
ean
Venterspost During the fest
E. B. Burke is a hooker who is three months of 1992, the auc Silver Forward 23 13/16 (last,
tioneer said," "between £1,000 and £1,200 worth of gold was recovere close), 28 13/16-(last red.), unthang- always full of steam, and
bande his feet cleverly. He play- ed:
Silver Report: America Toughtled for the Hutt Valley High each month. India bought
"Who will give £5,000?" he aske and sold. Macke: School first äfteen in 1931. He fquietly steady.
Liverpool Cotton January 644 gained a place in the Wellington ed. "It may be worth £100,000.” (last close), 6.46 (lass reed), 02 fourth grade reps. in 1982, and No one bid
the third grade reps, in 1933, 1500, but as there were still (change).
Liverpool Wheat-December 5/11% played for Victoria College first (last close), 5/11% (last recd), 172 fifteen in 1934 and the Canterbury bids the mine was withdrawn up (change). COMMODITY PRICES Rubber-April-me (bus-College seniors in 1935. He gain-
The price was brought down to
Beater.
ers) 6 7/16 (last close), 6: 7/16 (lasted a place this year in the Can- reed), unchanged.
terbury representative team, and and is at, present taking a coUZZO, London Rubber at noon (buyers) was a member of the fifteen which in civil engineering. Six feet fo 61⁄2"(last recd).
forecast from London on the took the Ranfurly Shield from height, be-scales 23st. 5lb., and is probable trend of the New York Auckland He is studying for the 23 years of age-
teaching profession, and is af pre- F. J. Wibon is. 3 front-row market states
Wall Street is expected to open sent at the Normal Training Coward who possesses pac steady with a tendency towards higher lege-He requires one subject to rear tailer. Be prices
The following quotations have. been received by Raubert.
Prev, Yesterday Closing Closing
Tock
(Mauritima)
Dec
11.76%
HE Docks
-1174
- 1177 31.76%
HE. Ropes $47/03/ Bank of E AJ STO.---- "Gold Rivers 7 cts:
March May.
51156 2166"
expected; to go
Slightly “his
*L46 1248
cipated in Cotton
·FL39 $11.40%
tone is expected in the
October
11:19
Spot
∙12.20
1222
18.13
Hot Eburs
· Emrin Lactopar Hong Kong. Sameina (Pahangi Simla
Singapore Homesh
Madron-
·HONGTIDSG-EZANCEL dawziption · at -2making and Exchang
allowed an Current · Annou Deposits Let "Baten, that way, bu nueneimin
Raubs $9.10/9:45. Wherves: $50/-/91 Hotels $45
HZ Trains $1436:
Star Ferries $38 Telephones: (new): $83/8%%%
Rubber and Wheat prices are also complete his B. degree, and is of St Andrew's College
taking the honours Contzenten in 1930, and pis French He is 21 years of age, perbury College first under-weighs 12st, and is 5ft 10in in 1983, 193
height
-AILR
DA. Hadson, îsa
in the fine out.
College
and
3534