BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorised Capital
$50,000,000 Issued and Fully Paid-up. 20,000,000) Reserve Funds
Sterlizz
Silver
£ 6,300,000
.$10,000,000
Reserve-Liability of Pro-
prietors
.
HEAD OFFICE: HONG KONG.
BOARD OF DIRECTORS.
S. H. Dodil. Eng.
Chairman.
C. C. Knight Sing-
Deputy Cham
Hon. MW. H. Bell
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1853 HEAD OFFICE: LONDON
Paid-up Capital ·
Reserve Fund
(£3,000,000 ES,000,000
$20,000,000
Reserve Liability of Prom
prietors
£3,000,000
Agencies and Branches:
Alor Star
Dosle
Rangoon
Ambituar
Ipoš
Sagon
Bangkok
Karachi
Belatin
Slang
Восаба
Seremben. Stati
iCal
Emals
Singapore
Cacion
· Czwuporw
Kroking
Xadron
Kaupine
Xonala
Xedes
Tongkab
New Icel
Hamburg
Priping
Hankow
(Peking)
Harbin
Penang
Наше кате
Hon. Mr. J. J. Paterson | Cebu
A. E. Compton Esq. T.E. Pearce Esq
Coomba
MT. Johnson Esq, J.A. Phammer Esq. Haiphonat G. Miskin Esq. A. L. Shields Eq.
BANGKOK.
NATAVIA
BOMBAY
CANTON
CHEFOO COLOMBO DAIREN
POOCHOY
EXPHONG
SANBUBO
FAXXON
HARRIN
ЯUNGEEW
ILOSO
HOB
HORE
IJBE TORDION
T. X Graybure, Eng
Chad Bang
BRANCHES --
ALA LUMPUR
LUNDOS
22042
MALACCA
XANLA
NUAR Gabore
KUNDEN
NEW YORK
PEIPING
PENAN
BANGOIN
SAIGON
SAN FRANCISCU
SHAIGELL
SINGAPORE
SOUZABAYA
SUNGAI PATANI TIENTSIN
TOKO
TNINGTAO JUKUHAMA
Current ecoute openen in Zaoi Currency
and Fund Depousse recessed for we get ar sourier perioda" in Laxmi Curran's woud Sitwel
Ou Dezzon which will be quoted an apprisonlinxti ALSU up to date SAFE DEPOSIT BONES
various az 10 152
Hong Kong, at Somerset, doté
HONG KONG SAVINGS BANK
Businam of the above Senik za poads2.19
by the EONG KONG AND SHANGHAI
BANKING CORPORATION.
MAZEŃ Os applicatioNTE
Rules and the
FOR THE LUNG KONG AND SHANGHAI
BANKING CJEPORATION,
V. M. GRAYBURN,
Chart MyLET.
Ung Long 2th February, 1955
Aingised Capatel --- Fred-up Cap mamman
Bere and Undivided Prudis
kazmacked.
(Banker)
Takobama
{which will be quased on application.
THE CHINA MATE TUESDAY, DECEMBER 10, 1935
Commerce and
Finance
US SILVER POLICY
LONDON MARKET
DISORGANISED
NO STATEMENT FORTHCOMING
London. To-day-
completely
Silver circles were mystified at yesterday's action by the American Treasury. Brokers
10
Foreign Exchange and Gusen Banking Sumet as usual and reported fairly Current Acle opened and Red Deposin heavy general selling. but received for une year or borte parsed at-American buying orders. There
fore, with a view to preventing a A BREARLEY,
Manage price collapse they decided to wait Hong Kong, 1st January, 1935. and see whather America would change her mind and eventually buy.
sent buying Later America
increased orders for gradually amounts at receiving prices. Final- Ir around 445 p.m. GALT. al offerings were absorbed by Ameri-
THE
AMERICAN EXPRESS COMPANY, INC
Head Office: 65, Broadway, New York
Capital. Surplus Reserves
Antwerp
Athesa Aaranta
Bedie
TS.$8,000,000.00-
2,183,633.06 $70,731.05
BRANCHES:~~~
Genok Glas * Hig Havama Hambu Hatro Heidrihong Inte
#w:
Brice Supira
Partu Pept Pelermo Kotterdam
The City is wondering whether yesterday's development portends a change in the American silver buying policy. The market is
very nervous consequently.
statement is awaiting 2 Washington
and
from
SITTING PRETTY Washington, later: The Trea- sary will not make any statement on silver-Reuter.
m
Berian Zotzdev Beuret Bencia CALED Calcutta Cannes
Looman
L'opentagon Dublin Edinburgh
Flori
Vetera
Branches
Lander---
Invespac Lucerne
العالم الالات الصحية
Zom
Marili
Monte Cario Manda
Manich
IRADOK
Roth
Shanghai Southampoo Singapore
Vinnas Vector Yokohama Zusch
of American Express Company in Principal cities of United
$ Gromadka | Transactions undertaken"
2,459,0906 307
U.S. Opinion
NO FUNDAMENTAL CHANGE
New York, Later: With the
SHARE MARKET
TO-DAY'S QUOTATIONS
The following is the list of local share quotations issued to-day:
Banks
THE BANK OF EAST ASIA, LTD. States of America and Canada. Treasury declining to comment All classes of Commercial Banking on the break of the silver mar- kets due to the reduction of its buying price abroad, New York Personal investment accounts hand-silver dealers professed to be at
a loss as to the reason of thel· The Company offers to intending sudden lowering of the price. Travellers the use of its "Tavellers
They are of the opinion that it Cheques" and Letters of Credit and is not likely to be an indication
HEAD OFFICE HONG SUN
3, Das. Vaux Bost, Crucend
BOARD OF DIRECTORS.-
Sr, anyon Chow, Chairman.
Tom Caux Lagu Kwa
40 Ton E Cha Ching hoek, a
Pa. Enz
Th
lied
Ed Wong Chu Sou. En end Ben Yong 12 addition, the world-wide service of a fundamental change in the
of its thoroughly equipped Travel Kan Tung Pa, E. Che! Hanager.
Department.
Tee Foas. Eng. Maunge).
10RANCHES AND AGENCIES. —
Xenila
Melbourne
Sostie зеленый changia Singapore Sy
ملعون
Sambay
phons
ZA
tivabialy.
Kumicon Laios
Sag
Sus Francisco
Feping
Pasay
Rangero
Say Takboku
منان مرد
-2.0020
Fundor"
-Evoy decription of Banking and Exchange Bumumiy taomncies Irratia gruzind approved! hacovala opened in Local Currency Find Deponite revived for Don Jast Or
CASTANE
E. W. DUGGAN,
silver policy, but merely an indi- cation that the Treasury is un- willing to take all the foreign Manager.metal offered at the old price, į thus adhering to the policy to
THE CHINA & SOUTH SEA BANK, buy as cheaply as possible.
IMITED
(Incorporated in China)
Head Office-Shanghai
Capital-
Reserve
$7,500,000.00
$1,500,000.00
Branches-All Important Cities
China
marow periods in Lock and Foreign Currencies Foreign Exchange and General Banking Busine
qe terms witch will be quoted on applicaisce
Jai Depan Box To Let
SAS TONG PO.
Corel Maunget.
tramated.
Beyond that any further specu- lation as regards the motives is considered here to be mere guess- work, although it is considered that the prospects of a continued heavy silver flow from the Far East 起
induce the Treasury might well
Current and Saving Accounts, opened and Fi Deposits rooted for one year or shorter periods but rates which will be quased on application.
BOC Z CHANG.
Xanager.
HONG KONG BRANCH: 25. Des Torx Bont, CADETI). Manager's Offer
THE YOKOHAMA SPECIE BANK Foreign Exchange Dept
LIMITED
Established 1880
Capital (full paid-up) Yen. 100,000,000| Eeserve Fund ..... Yen. 127,450,900
Head Office: YOKOHAMA
Branches and Agencies at
Alexandria
Batavia
Berlin
Bombay
Calcutta
Canton
Dairen (Dainy).
Nagasaki Nagoya
New York Oraża
Peiping
Rangoon
Fengtien (Makden) Rio de Janeiro
Hamberg
San Francisco
Hankow
Seattle
Harbin
Semarang
Fong Kong
Shanghai
Honolulu
Singapore
Hainking
Karachi
Kobe
London
Los Angers
Manila Moji
Sourabays Sydney
Tientsin
Tokyo
Tsingtan
Yingkow
Interest, allowed for Current Ao- Deposits-received for fixed periods
at rates to be obtained on application,
C-KISHINÄMALL
Manager. Hong Kong, 12th September, 1938.
THE
SHANGHAI COMMERCIAL & SAVINGS BANK LEHTED
Incorporated in China)
Capital:paid.
Capitad Say Peserte) Savings Der
Head-
A "Bank having:29:
the
Chirachi
Caunima de
ed
Tai sexes
* 355.00
THE WING ON BANK, LTD.
Head Office: Hong Kong 26, Des Voeux Road Central. Authorised Capital $10,000,000
to experiment with a lower price, with a view to gauging the ef- feet on the flow of silva :-Reu-|
ter.
LOCAL DOLLAR ·
FIRM
Silver Prices Decline
The local dollar is steady, open-} ing on demand this morning at 11/40.
Silver prices, however, fell LONDON BANKERS:--- Weshminster Bank, Ltd. 7/16, "spot" being quoted at 28% Foreign Exchange and every des-land "forward” at 28. cripton of banking business transact-
The London on New York cross- Current Accounts and Savings Ac-rate was unchanged at S-US$L- counts opened Fixed Deposits re- 95%, as compared with S-US ceived at rates which will be quoted $4.92%, while the New York on jon application
Londen, cross-rate was quoted at Trusteeship & Executorship under-5 US$1.93, 23 compared with caken Safe Deposit Boxes for hire (US$493 1
PHILIP GOCKCHIN
Chief Manager.
RAW RUBBER PRICES
Latest Quotations From Singapore
BERLIN SHARE MARKET
Few Buying Orders Received
** CHINA MAIL" SPECIAL Messrs B. Joseph & Co.,
Berlin, To-day. the following The market was exceedingly have received Straits Currency quotations from quiet yesterday at the beginning. Singapore for Eaw Rubber. (of the week, buying orders being Spot 21 % Down 1⁄4 b, 21 3⁄4 very few, so that prices were January/March 22 % Down mostly weaker. Fixed interest
D4 22 44.5
securities were also dull except as regards gold mortgage, conds, April/June 22% Down
which were in lively demand, 22:25 July/September 23 % Down prices rising by about a point,
23-4
Maricet: Drill
MANCHUKDO HONOURS
67-74.70, and the dollar, 15.35%- 15.155.--Trans-Ocean Service
© REICHSHARK QUOTATIONS
Berlin, To-day..
(with
Reichsmazk
HK Bank $1340/50 sa- HE Banks (Lon.) 19675 1. Mercantile Bank A. and B.
5281 B
Mercantile Bank C. 413 1. Bank of East Asia $70% n
Insurances Canton Ins. $260 m.
Union Ins. $562 b. 565/672.
Caina Underwriters $1.10 m. China Fire Ins. $480 n. HK Fire Ins. $245 h. International Assce. $4 n
Shipping
Douglases $36_1- HK. Steamboats $4. n. Indo-Chinas (Pre£), $80 L Indo-Chinas (Def) $11 =. Shells-Bearer) $3073 Uzioni Waterboats $12 n.
Mining
Antamoks $1.20 5. Balatocs $171⁄4 D. Baguio Gold 22 cts 1.
Benguet Consolidated $15% sa
Benguet Exploration 11 cts.
Big Wedge 8. cts.
- Gold Creek”30`cts. n. Gold River 7 cts- i
Ipo Mining 90–cts"0____ Itogons 36 cts. I. Salacots 15 cts.n. Kallen Mining Ad 11/3 Langkats (Single) Sh-$13 m.. S'hai Exploration Sh.$41⁄2 n. Shal Loans Sh. $54 2. Raubs $9.35 b.
Venz; Goldfeld $2% b.
1
Docks, etc EK and K Wharves
$90 b.
Perhaps this monkey is a welcome visitor to Ariel Varges, ace Metrotone News cameraman at Addis Ababa, who samps many pictures of the Italo-Ethiopian war for International Dlustrated News
NEW YORK STOCK
MARKET
Background Much Improved
BULLISH ATTITUDE STILL
WARRANTED
NEW ADVERTISEMENTS
NOTICE
Messrs. White Weld and Com-THE PUBLIC ARE HEREBY pans, New York Correspondents
the following
pany, repor
CONSIGNEESK
THE BEN LINE STRAMERS. RISENTED.
From KEITH MZODLESERO", ANTWERP, LONDON AND STRAITS.
The Steamship, vote
**BENVENUE*
Consigures of Gargo are hereby informed that all Goods are being landed at their risk into the hazard- ous and/or extra hazardous Godowns of The Hoar Kong and Kowloon Wharf & Godown Co., Ltd, whence and/or from the whares delive may be doined
No claims will be admitted after the Goods have left the Godwasy and all Goods remaining undeliver ed after the 17th December will be subject to rent-
All clams against the steames must be presented to the Undersign jed on or before the 31st December, oz-
they will not be recognized.
To comply with the General Bonded Warehouse Regulations consignees must baya
Officer a Berrane attendrace when damaged dutiable goods are examined.
Al bruken, chafed, and damaged. Goods
are to be left in the Godown, where they will be examined on the 16th December, at 10 am, by Messrs. Goddard and Douglas.
No Fire
effected
Ingevance
bas been
Bills of Lading will be conster– signed by
GIBB, LIVINGSTON & CO., LTD.
Agents.
Boas Kong, 10. December; 1835.
PUBLIC AUCTIONS
HE undersigned have received? instructions to sell by Public
Auction
Wednesday, the 11th Dec., 1935 commencing at 2:30 p.m.
at their Sales Room. No. 35,
Hankow Road, Kowloon." A Quantity of VALUABLE HOUSEHOLD
for Messrs. S. E. Lery and Co-Trams arrangements which will be enforced during the official Stocks: The renewed advance landing at 10 sm. of E Sir
plus the Andrew in railroad issues.
Caldecott, K." CALG strength in some of the recently CRE
Queen's Pieron comprising ?--
FURNITURE
neglected industrials, Such as THURSDAY, the 12th December, Teak Bedroom and Dining Room: motors and accessories, favourable and the Public Address of Wel-Furniture, Chesterfield Saites, week-end business Dews ardi
come at noon at the Volunteer
Pictures, Clocks, Ornaments, reassuring reports from abroad all Parade Ground
Enamel and Porcelain Ware, Brass
tended to improve the market! (old) | background.
HK and X Wharves (new)
$8724 1
HK. and W. Docks $9 n. Providents (old) $185 h. $140
Providents (new) 20 cts. L Hong Kew She $23714 n. New Engineering Sh$4 n Shanghai Docks. $80 n
Cotton Mills Ewo Cotton Sh$10 n. Shanghai Cotton (old)
Sh$75
Shanghai Cotton (new), Sh$43
The
I...
Zoong Sings Sh $12.n. Wing Or Textiles Sh: $25 ¤,
Lands, Hotels, etc.
H.K. and S. Hotel $5.35 sz HK Lands $36.
H.K. Lands 4% Debentures $100
IL
Shanghai Lands Sh.320 2. Metropolitan Lands Shi $10 m Humphreys $10
HAK Realties $5% n. Chinese Estates $86 n- China Rexities $4 0. Chiza Debentures Sh.$35 1.. Public Utilities
HK Tramways $14.65 s Peak Trams (old):$5 n. Peak Trams (new)-$4 n. Star Ferries $88 & Yaumati Ferries $17
..
C. Light $10.90 b., $11 sa. HK Electrics $69 sa Macso Electrica 320 n. - Sandakan Light $2.10 m. Telephones (old) $254 sa Telephones (new) $911⁄2 (sa. China Buses Sh.3113⁄41⁄4 n. Singapore Traction 16/5 b. Singapore Traction Fref. 26/6
6.
Industrials
Malabon Sugar $3,40 n-
Cald, Macg. (Ord) Sh $194 = Cald: Macg, (Pref), Sh $18 n. Canton Ices $1.60 2. Cements $61⁄2 * HK Ropes 4 m
Kit Stores, etc. Dairy Farm $19:32. Watsons 5472 Lane, Crawford $7 s. Mackintosh $5 m Sincere, $1.35-8 Wm. Powele 10 cts. Wing On (KE): 340 z
Miscellaneous Entertainments: $2.40 za S-C Enterprises $1.85%x. Macao "Greyhounds" $2 2. Constructions (old) $25% Constractions
GFB
2,510,000 shares.
also
A Quantity of
BLACK WOOD FURNITURE On View from Tuesday, the 10th: December, 1935,
Terms: Cash on Delivery
Our view is that a 1. Connaught Road Central and Alum Ware, Ice chests, etc., bullish attitude continues to be from Pedder Street to Jackson Business done: Road will be entirely closed to Vehicular Traffic from 09.30 am- warranted.
Government to 1045 am (approx). Cotton: The
2 Motor cas containing guests Bureau estimate of the cotton crop at 10,734,000 bales is decidedly invited to attend Queen's Pier ballish. The disappointing action will proceed by way of Mar of the market has induced fur-ray Road and Connaught Road ther liquidation and indicated that Central to the Hong Kong Club the bullish consumption figures where the guests will alight and are, disregarded temporarily. M walk to the Pier. Cars will bet Oscar Johnscon to-day stated that parked in Connaught Road Cen- the Producers' Pool still holds 90,000 bales of futures, which is (Continued on Page 11)
"
NEW YORK STOCK EXCHANGE
Latest Quotations
"December 10. The following quotations were eived by Eenter:-
1ALOU
LAMMERT BROS.
Auctioneers. Hong Kong, December 9, 1935.
THE
trai, east of the Hong Kong Clab.instradesigned have received: instructions to sell by Public 3. Lower Albert Road from Gar Auction den Road to the junction of Up-
On
per Albert Road will be closed to Friday, the 13th, December 1935- Vehicular Traffic from 11:00 am
commencing at 230 pm
at their Sales Boom,
Daddell Street
A Quantity of VALUABLE HOUSEHOLD
to 1230 pm. Motor cars contain- ing guests attending the Public, Address of Welcome at the Volum- teer Parade Ground will be halt ed in Garden Road near the lower Tram Station where the guests comprising
FORNETURE.
will alight and proceed on foot to Chesterfeld Suites, Teak Bed the ceremony. Cars will park on Boom & Dining Room Furniture, the Murray Parade Ground, Park-Office Furniture, Carpets, Bugs,. ing of cars will not be permitted Blankets. Mosquito Nets, Linen, in Garden Road, Lower or apper Cushions, Porcelain & Glass Waze, Albert Roads.
Brass & Alam. Ware, E. P.. Ware, Ornaments, Clocks, Pic- tures, Enamel Baths, Elect Table · Lamps Heaters, Books, Type- writers Steel & Teak Filling: Cabinets, Gramophones & records, Wardrobe & Cabin Trunks,' etc. etc.
close LAS
10.20
| NYALondon ¡N.Y. Cotton
May INY. Rubber March Chicago Wheat
May Chicago Corn.
4.93
95%
11.49 · 1143 11.47
1332 12:30 12:306
95%
T. EL KING, Inspector General of Police.
Hong Kong, 10th Dec, 1935.
May
59%
59%
STOCKS:
29%
294
CHINA LIGHT & POWER RECREATION CLUB
39%
40*4
164 16 5534 55 13%
13%
89%%
29%
Anaconda
Copper
Elec. Bond &
2874
Share
15 General Motors 55 Int. Tel & Tel: 14 Montgomery
Wazd
NY. Central 29 US Steel 48%
The following quotations from Lon- don
were received last night be tween 5.30 p.m. and 10:30 p.m
Sihrer Spot 29 3/16 (111 close);} 28% (last red), 7/16 down (change), Cast Silver Forward 28 13/16 close), 28% (last reed), 7/16 down. (change).
Silver Report: China, India and speculators sold. America bought.. Unwillingly. Market uncertain Cotton Janitary“
Liverpool
(last close), 8.48 (last recd.),:02 mp (change)
Liverpool "Whest—December 5/114/ (last close), 5/11 Cast red), zp_(change).**
London Rubber April-June (buy- ers). 6-7/18 (Inxt_close), 6 7/16 (land read, unchanged:
London Rubber at nom »» (bizyeER) 61⁄2" (last recd.).
A forecast, from Lo probable, trend of marker
Wall Street is exp data but subject to
Rubber prices will little better.
Thest prices, zre cher. The
Tark
Open
Members and Friends are advised that our
XMAS CARNIVAL DANCE will be held at King's Park
SATURDAY, 21ST DECEMBER
9 p.
Mrs. Nura Kanis' Orchestra will provide the music..
RED
also A Selection of Black Wood Furniture
1 Radio Gramaphone & Pick-up- 1. Copper Heater with Stove & shower Bath Spray.
2 Film Projectors & Caméras.
3 Electric Refrigerators,
1 Grand Piano,
3 upright Pianos.
On View from Thursday the 12th December 1995,7 g
Terms: Cash on Delivery
· LAMMERT F
Anctionners. Hong Kong, 10th Dec 1933
MSAT
WINES WITH RED WHITE WINES WITH WHITE MEAT
AND
ALL WINES
FROM CALDBECK'S
ARE THE THREE GOLDEN RULES OF THE CONNOISSEUR
Phone