BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION :

Authorised' Capital

..$50,000,000 Issued and Falls Paid-up - 20,000,000!

THE CHARTERED BANK OF - INDIA, AUSTRALIA & CHINA. Incrporated by Royal Charter, 1858.

Reserve Fundas

Sterling

Silver...

prietors

£ 6,500,000

$10,000,000

EL Dodwell, Eng-

Shashak

DECLINES

THE CHINA MAIL FRIDAY, JANUARY 3,

and

Commerce

Finance

"Forward" Silver Not Quoted

HEAD OFFICES” LONDON

LOCAL DOLLAR

Paid-up Capit l Reserve Fund

10,000)

Reserve Liability of Pro-

prietors

,000 000

0,000

Alor Star

Agencies and Branches:

Faile

Amritmer

“Rangoon Saigon

Бековод

Calonits

Shanghai Singapore

Carco

Compers

Madras

Colombo

Modam Kew York

Taipang Bentzia. Tongkak

(Shake)

Bambe

Hardin

(Pring

Zamboanga

Batav

Reserve Liability of Pro-

HEAD OFFICE: HONG JONG.

BOARD OF DIRECTORS.

Meirmed.

C. C. Knight,. Zeg.

Hon Mr II Paterson orb

AH. Compton Esq. T. EL Pearce Esq,

M. Johnson Esq., J.A. Plummer 534-Haiphong G. Miskin Esqu Ar le Shinids Esq.

Deputy CENA.

Hon. Mr. W. H. Bell

AMOX BANGKOK

POM

JOBORE

TOBE

KOWLOOK

Mind Managve-

FRANCKLES 2=

XUALA LUMPUS

LONDON

LYOXS NELLACCA

MCAB Core)

MUXDES

NEW YORK

PENING

PERANG

RANGOOK

SAIGON

SAS FRANCISCO

SHANGHAT

BINGATORE

SOCKABATA

BUSGEI PATANT

TIEN BIN

TONTO

TSINGTAO

YOKOHAMA

Our Accoude opward in "Local Currency. and Pani Duposi roved for our your stuctor, pariola in Load Cursory, and Swell-g wwwhich will be quoted, so application... À790 up to date SAFE DEPOSE BOXES ÍA VARON Mines TO LE -Maing Long,_195 Foresher, 1982,

HONG KONG SAVINGS BANK

The Basis of the shore Bank is conduct mổ by the HONG KONG AND SHANGHAL SARKING OURPORATION.

Bales may be FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION

·V. X. GRANBERT.

Chief Manager.

Hong Kong, 25th Falvary, 19

THE BANK OF EAST ASIA, LTD.

Authorized Capital

5.608,800.00

Bomber

Being Forsigt Exchange and Ghineal Baling besiness

Cament Amoenis opened and Pimà. Depozita mescred for ans 2067 or shorter pizoda at 'maken grķich wiï be quoted in application.

A. BREARLEY,

Manager.

Hong Konz, 1st January, 1955.

THER

AMERICAN EXPRESS COMPANY,

INC.

Head Offices-65, Broadway, New York

Capital Stopping Beserves

SHARE MARKET

-TO-DAY'S QUOTATIONS :

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

The local dollar has declined a farthing, opening on demand this morning at 1/3NE -Spot" silver was quoted at 2233: The London on New York cross- frate was steady at £-US.4925. while the New York on London; CTOSS-rate was quoted at U.S.$4.927%-

NEW YORK STOCK EXCHANGE

Latest Quotations

January 3.

The following quotations were re- ceived by Reuter-

Ginge 30.20 13.00 N.Y./London. 4.93 NY. Cotton

May NY. Rubber

March Chicago Wheat

-1015 May Chicago-Corn

11.07 11.14 1114

May

STOCES:

Anaconda

Basics

HK. Bank $1,490.b. $1,500 sa HAK Bank (London) £96 Chartered Bank #13 m.) Mercantile Bank A. and

Mercantile Bank €. £151⁄41⁄4 3. Bank of East Asia $76.

Insurances

Canton Ins. $275 = Unions Ins. $575 2. Chins Underwriters $1.10 n China Fire Ins. $480 m. H.K. Fire Ins. $260 n International Assce. $4 n.

Shipping

Douglases $36 1- HK Steamboats $4 n... Indo-Chinas (Pref.), $30 n Indo-Chins (Prefi) $20 m. Shells (Bearer) 82/6 Union Waterbosts $12 n.

Mining

-13.63 13.625 -3.6

1024

613

Antamoks $1.39 b Balatoes $17 bi :. Bagme Gold 22 cts. 11.

61

.U.S.$6,000,000.00 2,183,633.06 870,79105

BRANCHES:

Angioedem

Granda

Asbes

Eagan Fambuty Hava

Bombay

Copper

29$294

1994

Bequia

Cairo.

Zarcanias. Zendos

Elec. Bond &

Sanghai

Share

164

Liverpool

Southporn

•Innovissa Laga

Supapors

|General Motors 56%

5634

16 56%

Талды

Marvation

It Tel & Tel 134 Muntgomery

134

13

Edinburgh Ficos Georta

Monte Carlo

Vain

Vecic Yokohama Zaciona

Ward

394 35

38%

27

Calous Camper

Colomas Copaobing Dublin

Моженных

Ром Facia Peiping

·Palermo.

Botzerlan Zome

+491

484

N.Y. Central 2814-28 JUS. Steel 74344 48

The following quotations from Lon-

Branches of American Express] don were received last night between. Rasa Undinded Prats,80,000.00 Company in Principal cities of United 5.30 p.m. and 10.30 pame

Paid-up Capitul

HOLD OFFICE: HONG KONG.

10. Des Tom Bond, Cana

BOARD OF DIRECTORS:

Sa bhosa Chow, Carme

States of America and Canada..

~All classes of Commercial Banking Transactions undertaken..

Personal investment accounts hand”

Los Chua, E. P. K. Kwok Esq. Wang INS 200%, Eas- Chao Ching Sa, Esq. Li Lan Sang, Eng. Wong Chu Son, Ing and a Yogled

Ean Tang Po Eoq- Chief Managar. 1 The Yong. Esq. Masagat.

BRANCHES AND. AGENCIES:--

Manila

Melbourne

Sagasaki

مناوشة

Semarang Abang Bingapore

New Lock

Squa

blog

Bydney Zabok

Tintain

Mabatia

Sousba

Cendan

Fas

Hankow

Pepeng

Konoba Cabe

Padang

Hangou

Signo

Tokyo

San Francisco

London

Vándormir Yakobazın

Ecription at Buskingermanli

hamizala, tesnacted. Lomas' gonzad{to approved

Accousta (opanet^56 Local: Cottony

and Yitad Deposits, zentsudər han

shorter perioda in Lasst and Forsign Clauses. me terms, which will be quoted (as application... |

· Sale Deposit Bouma To

NEWTONG PO

THE YOKOHAMA SPECIE BANK LIMITED

Established 1880

The Company offers to intending Travelises the use of its "hravellers Cheques" and Letters of Credit and m addition, the world-wide services of its thoroughly equipped Travel Department.

È. W. DUGGAN,

Mazager.

Silver Spot 224 (last close), 22% (last zeed), 1⁄2 down (change).+

Silver Forward unquoted Silver Report: Speculators bought and sold There was, NO

Special | feature and the market was quiet

America-did not operate,

Liverpool Cotton-May 17 (125* close), 6.18 (last recd.), 01 (change).

Liverpool Wheat-Match 6/67% (last close), 6/84 (last read), 13 up (change).

Londor Rubber—April-June · Chuy ers) 6% (last close), 6% (last recd), machanged.

THE CHINA & SOUTH SEA BANK, RAW RUBBER PRICES

LIMITED

Latest Quotations From *Singapore

(Incorporated in China)

Head Office Shanghai we Capital

$7,500,000.00 - Reserve

$1,500,000.00 Bratiches--All Important Cities in bave

Persiga Zachtags and General Hacking But

and Sering: Auto opeted and Med †Dagonite rvonianć lor com year of shorter periode Zat zuten whính, will be quoted_on_application.

HKING · LONG. BEANCE;

26, Day Tous Band, Catuni- Foreign Exchange Doplo vztvis

Capital (full-paid-up) Yen::100,200,800|| Gimel Ofer Eeserve Fund. Ten 127,450,000) - Cosbier's 50

Head Offer: YOKOHAMA

Branches and Agencies at

Nagasakd Nagoya

Batavia

Bertin

Bombay

Calcutta

Canton

· Dairez. (Danny)

New York

Osaka

Priping

Fengtion (Makden) Bio de Janeiro

Hamburg

"Hankow

Hong Kong

Konolaba

Hrinking

Karachi

Kobe

London

Los Angeles

Marix

Moi

San Francisco:

·Seattle

Semarang

Shanghai

Sydney

Tientsin

kyo-

Tringtan

Yingkow

** Interest allowed for Current

cousta.

* Deposits received for fixed

st rates to be obtained on

· Hong Kong, H2th Septe

POPEYE

THE WING ON BANK, LTD.

Head Office: Hong Kong 26, Des Voeux Road Central Authorised. Capital $10,000,000

LONDON BANKERS:... Westminster Bank, Ltd Foreign Exchange and every des- cripton of banking business transact- ed.

Corent Accounts and Savings Ae- counts opened. Fixed Deposita - ze- cdived at rates which will be quoted en application,

Trusteeship & Exacutorship under- taken... Safe Deposit Boxes for hire. PHILLIP GOCKCHES Chief Manager.

QUALITY PRINTING

With Quick

Don't Crowd Ladies."

· DEAR SHEEPS-1 YAM NOU

GONER TURN ON ME RADIO.

STATION AV STELL

THE WORLD

FBOYS WANTIN

WIVES

Messrs. B. Joseph & Co. received the following Straits Currency quotations from Singapore for Raw Rubber.

Spot 22% Up 1⁄4 b, 22 % a February/March 22 1⁄4 Up

b., 23 s

April/June 23 % Up 4 6, 23

Juls/September 23 % Up b.

24.7% &

Market: Steadier.

The Hong Kong Stock Exchange have received a cable from Messrs. Derrick & Co, Local Secretaries in "Singapore of the Raub Australian Gold Mining Co., Ltd., announcing the output for the four weeks ending December 28, 1935 to be 1904 ounces.

THE..

SHANGHAI COMMERCIAL &

· SAVINGS BANK LIMITED

(incorporated in China)-

Capital quid up *$6,000,000. $7,300,000,

Reserves re Capital. Serings Dept. 5500 Reserve Savings Dept. $500,000, Head-OfficeTMTMTM Shanghai

A Bank having as its Pri the industrial development. China, and the fostering, of her commercial relations abroad.. Kong Kong Offeram

6, Queen's Road Central

·Phone: 3116. *

"IN" "TO

VINIKY OF THE

YADANTS HUSBAN

Benguet Consolidated $16 b

Benguet Exploration 11 ets.

Big Wedge 12 cts.

Gold Creek 30 čís. 1.

Gold River 7 cts. n.

Ipo Mining 90 cts. a. Itogons 3631⁄2 chat Salacots 15 t

NEW YORK STOCK MARKET

Securities More Steady

LONG POSITIONS STILL ADVISED

BERLIN SHARE MARKET More Confident

Outlook

Though especially

Messrs White, Weld and Com-(taznoPRETA

New York Correspondents New Year wat for Messrs. S. E. Levy and Comconfident outlo pang, reports-

to the hop

Stocks: With the exception of the com slight decline in the industrial exp average, securities to-day were {steadier. In view of business nota R. prospects and the easiness of AI

credit, we continue to recommend showing the maintenance of long positions in elec and a bullish policy. In fact, we to improve. would add to holdings on

HOW DENT DO,

DEWE

When Boy Sopranos Meet

"NAMESAKES GET TOGETHER

Dewi Jones, 1-year-old soprano from Pontardulais, Wales, who is the on a singing tour of America, met bis - namesake, Dewi Janers of Utica, New York. who is also ac pout boy soprano. They have becomer

great friends. The Utica papers. person-publish photographs of them, the

Welsh boy in an Eton suit and thự the American în pina-fours, shaking:

hands. For a captim they use the words; How Dewi Do, Dewi

Dewi, of Wales, heard about. Dewi, of Utica, while singing in interest securities Bome, New York On his arrival period of weakness." Business market was quiet despite the in-in Utica be asked at once to meet done: 2,240,000 shares.

Home Visit Pending

terest coupons cashed by bandhis Amerin same Cotton: We think that the forth-holders, this reserve being doubt- coming Supreme Court decisions less caused by the regarding the Bankhead Act and made for investment LEGIST the AAA are now largely dis-German Railway Treasury counted. The market today was about to be issued. Call quiet with fluctuations confined was st, 5% per cen within narrow limits. Di

Service.

REICHSMARK QUOTATIONS.

He was taken to a school wherg the American Dewi is a student," fand there they met. It is under-

stood, that when the Welsh Dewï ̧ ́ ̧ returns from a concert which he“ Wheat: In view of the possi-

fis to give elsewhere, he will visiti. bility of a good demand from

the American boy at his home. millers once the question of Pro-

The lads have found that "they" cessing Taxes are disposed of, we Berlin, To-day, -- Reichsmark have much in common. Besides: would · accumulate on easiness quotations (without guarantee) singing, both are fond of athletics, Flour stocks in the hands of con- yesterday were: New York, 40.265; and both speak Welsh. Both sing

are low.

Total sales: Paris, 609.5, Amsterdam, 59.235; in church choirs--Beuter. 23,519,000 bushels. Corn: 2,006,-land Lendas, 12:25. The Paris

000 bushels.

sterling quotation-was-76A-TAIL" Flash: Average daily petroleum and the doll: 15.74-15.74%.--- production during the past week is Trans Ocean Service. estimated at 2,811,000 barrels, against 2850,000 barrels the pre- vious week.

BRITISH SHIPPING REPORT

Two cases of diphtheria and one esch of scarlet fever, enteric fever (imported), “measles and cerebro- spinal fever were reported to the The net ton-health authorities in the 48-hours: nage of vessels engaged in foreign ended on Wednesday. trade which departed früm United

London, To-day

COMMODITY PRICES Kingdom ports with cargo during

November 1935 was 3.6 per cent The following quotations have more than in November, 1934 been received by Renter.

The net, tonnage of vessels ar- Prev. Yesterday riving with cargo was

0.7 per Closing Closing cent, less-British Wireless Ser

vice.

New York Cottons- January

1174

11.79 -1136 11:46

11.07———

Kailan Mining Ad. 11/9 n. Langkats (Single) Sh$12 m S'hai Exploration Sh241⁄2 n Shanghai Loans $5 m Fanbs $9.50 BAT Venz; Goldfield $3 b

Docks, eter KK and K Wharves (old) March

$98 b

May H.Kezd Wharves (new) July-

$95% ZL

October December (1836) 10.56 Spot New York Rubber- January

18.47 18.48b 13.69 13.64 13.80 13.76 18:94 13.94€ 14.083 14.066

HK and W. Docks $9. Providents (old) $11⁄2 b

$155

Providents (new) 15 cts. me Hong Kew Sh $2

Shanghai Cotton (old)

Sh.$75 May

Shanghai Cotton (new) Sh$41

D

12.10

30.85 10.99 10.55 10.66 10.69 12.20

101% 1024 9054 91

AUSTRALIAN STOCK-FOR

REFUNDING PER

London, to-dayThe Chancel- lor of the Exchequer, Mr. Neville Chamberlain, has agreed to the immediate issue of stock by the Commonwealth of Australia. for refunding purposes. British Wireless Service

TO-MORROW at the STAR

90% HONGKONG BENEVOLENT

March

New Engineering Shift Shanghai Dockz. $80 n.

Cotton Hills -

May

July

September

Ewo Cotton Sh.$9% n

Chicago Wheat:

July September

Chicago Corn-

May

61

61%

July

61%

+62-4

Winnipeg. Wheat;

HK and S. Hotel $5.80 ***** $5/5.30 +82-

May

23%

294

Juls

39%

90%

HK Lands $36.25 3.

New York Sil-

FK Lands 4% Debentures $100 March-

1.99

1.98.

May July

1.97

196

-19774

1.96

Zoong Sings Sh.$12 ¤. Wing On Textiles Sh. $25 1, Lands, Hotels, etc.

Shanghai Landa Sh. $20 n. Metropolitan Landa Sh.. $10 m. Humphreys $10.49 h.......... HK. Resties $5.80, 8. Chinese Estates $84 n... China Realies $4 1. China Debentures Sh$35

Public Utilities.

HK Tramways $14.55 b... Peak Trams (old) $5 b... Peak Trams. (new) $4 n. Star Ferries $89 b Yazmati Ferries $18. C. Lights (old); $10.30 b. C. Lights (new) $145.h HK. Electrics $6934 by $70

$70, ER.

Macao Electrics 20 ng Sandakan Light $2.10-n- Telephones (old) $253⁄41⁄2-2. Telephones-(new) #19 b: China Buses Sh$11 Singapore Traction 17/- Singapore Traction. Pref. 25/-

Malabon Sugar Põáð not Cald. Macg. (Ord) Sh$1915-

COME TO SPINACH THE LAND OF FREEDOM LIBERRY AN" HE

HEMEN

To-

Cald: Macg (Pril), Sh$15–2. Canton Ices $1.45

Comments $8-b, $8.sa

HE. Ropes $4.90 £2

Stajes, etc. Dairy Farm $21 b Watsons $4 22. Lane, Crawfonds $6.60 by $6.60

Mackintosh 35 12. Sinceres $2.40 E Wall Powells 70 cta Wing On (HK) $40.

Miscelain

Entertainments: $840

S C. Enterpri Macao “Greyhome Constructions

Constructions. Vibro Piling

Cal Govt 23:59, #1925

94%

HK Gort 4% cen

K. Gort 37% Wallace Harpen

Station BULL Broadcas

SOCIETY

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FOR THIS DESERVING CAUSE

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