1933-09-07 — Page 4

DAIREN

POOCHOW

HAIPHONG

BANDURO

HANKOW

BARDEX

MONKEW

ILOILO

EPOU

TODOS

KOWZAKIA

KOATA LUMPUT

PENANG

KANGOON

BATGOR

GAN YRA NDIB00

BOURABAYA

BUNGEI PATANI

TIENPAIN

Our Apocale opened in Loval Corranay and Fixad Dagoutte encal vað far one your t shorter periode in Loni Ourtonny and farting

wklok will be quoted on appřímělen

Hong Kong, 22nd May, 1988.

Banking business transacted.

Current Accounts opened and Fiz-On ed Deposits received for one year or shorter periods at rates which will be quoted on application.

A. BREARLEY,

Hong Kong. 17th November, 1932

Manager.

THE BANK OF CANTON, LTD. On Salgon-

Ratablished 1912.

On demand

On Bangkok-

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Luikoriand, Capital, some woman. 200,000,000 found sad Thly

Well...

up

£109.000

Ensures Liabilliy of Proprietors --- $90,000,000

HEAD OFFICE, HONG KONG

SOLID UP DIRECTORJI ---

4. I. Paros, Eng

714 R2 Hang, Kag

Dopoly Chiro0.

2,0%. Bansfield, Kay.

H. H. Dodwell, Kg.

45.

Wee.Mr.

Mackle.

Mokin. Pa

Hos. Mr. J. 3, Palervou

J. £. Plummer, Bog

, N. Murphy, Faq.

Acting Chle Naanger

BRANOSES; -

LONDON

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1858.

HEAD OFFICE: LONDON.

AMIREAS BANGEON BATAVIA BOMBAY GALOINTA CANTON CATEPOLE

001./0X30 DELU

BANGOGE

BAIGON

SERENBAN

Paid-up Capital

.£3,000,000

Ranerrs Fand

.£3,000,000

Reserve Liability of Pro-

prietors

On London-m

£3,000,000)

T.T.

Agencies and Branches:

On demand...

1/4 1/4

ALOR STAN

4 months sight ... 174%

KDOMINO

Credits 4 months'

.

MADBAL

MAKILA

sight

1/544

NEW YORK

On New York-

PEIPINO (Pricing! PENANG

On demand

314 Nom.

Credits 60 days'

BENARAND

aight.

NOW

HAIPHONG

On Parlame

KAMBURG

BRAKSHAY

HANKOW

BINGAPORE

On demand

6574

ПАЛОКОК

BATAVIA

BOMBAY

CALCUTTA

CATTOX CHEFOO COLOMBO

MALACCA

MANILA

MULDEN

NEW YORK

LTOM

HARBIN

KITIAWAN

Credits 4 moaths'

HONGLONG

SOURARATA

Wono

ТАКРИНО

sight

597%

MUAB (Johnew,

TPORT

TIENTSIK

On todia-

KARATHE

TONGTAN (Bahat,

SILVER.

KLANG

TRIBOTAO

T.T.

KONN

PEIPING

TOKOHAMA

KUALA LUMPUS

KAMBOANGA

On demand

92 92

Foreign

Exchange

and

General On Shanghai-

KILLRODAJ

BINO&PORN

On demand

Kobe-

110%

Sept. 5. Sept. 6. Sept.

37.18 Traded 36.95. Bid Dec... 37.76 Traded 37.52 Traded Mar. .. 38.50 Nom. 38.14 Bid Total Sales for the Day:

On demand

117

On Manila

ΤΟΚΤΟ

TLINOTAO

On demand

65 Nom.

YOKOHAMA

On Singapore-

On demand

593

On Batavia-

On demand

64

December March May

7.52

EXCHANGES.

THE CHINA MAIL

Commerce and Finance

TO-DAY'S QUOTATIONS.

COTTON, SILVER AND WHEAT

Latest Quotations.

NEW YORK COMMODITY

MARKETS

AMERICA'S

CHEMICAL

INDUSTRY

Attractive Issues For Speculation.

POSITION AND PROSPECTS.

THURSDAY, SEPTEMBER

NEW YORK STOCK EXCHANGE

A.O.F.C. Quotations.

New York, Yesterday.

Dow Jones Averages.

New York. 30 Industrial

The following review of the 20 Hall principal United States chemi- 20 Utilities

Last To-day's Changen. Aver. Aver.

1933

NEW ADVERTISEMENTS.

NOTICE.

WATER SUPPLY.

T: IS HEREBY NOTIFIED that,

100.22 100.33 .11 up

50.42

49.85 .57 down

IT IS HERE

on SATURDAY,

29.88 29.80-08 down 9th September, the Hours of Sup- cal and fertiliser concerns, is 40 Bonds.... 87.16 86.87 29 down ply in All Districts on the Island contained in the investment news dated July 28, received through Messrs. E A. Pierce & Co. Re of Hong Kong, except the Peak, will be 6-9 a.m. and 4.30 - 7.30 p.m. port:The market, 'righted itself Messrs. Asia Lands, Ltd.

to-day, there being no

The hours on the Peak will bo Mesura. Asia Landa Ltd. have re- Air Reduction. Co., Inc. Al-

current ceived the following quotations on though current prices are ad-other than the possibility of a

development of any importance 6-9 a.m. and 5 to 8 p.m.

In Kowloon a 10 Hours Supply. the New York cotton and wheat, equate on the basis of prospects more aggressive attitude by the } will for the present be maintained. rubber, silk and silver exchanges for the next year or so, the im-

Residents Administration regarding credit

bo are requested pressive strictly long pull out-2 for September 7.

exercise every possible economy Closing prices on September G on look warrants gradual further expansion. Without really stimu- user water

Failing a ¡lation no particular or immediate the Commodity Exchange Inc., New, accumulation of the shares.

considerable increase in storage change seems indicated. Allied Chemical and Dye Corp. York:-

Wheat: The common and $7 preferred, short covering and some commis-

A very

within the next few weeks further thin market. However,

restrictions will be necessary. the latter quoted at 121, are among the sounder issues in the axion house buying cauted a rally. chemical group for continued Cotton: There has been much less long term retention.

hedge selling. Consequently the

138 contracts of 26,000 ozs. each 171 contracts of 28,000 ozs..each. RUBBER.

Sept. 6 Sept. 6.

7.10 7.09 7.44 7.92 7.92

September

A: G. W. TICKLE.

Water Authority

Commercial Solvents Corp. As market was steadier. Near the Public Works Department, a specualtion on future earnings close a large line of Mays, ap-¡Hong Kong, 7th September, 1933. possibilities, particularly follow-pearently bought by one interest, ing repeal, these shares are at: caused a higher close. The weather tractive for moderate accumula-is less favourable. Sliver": A1 tion around present levels,

generally featureless market.

R

55%

8.20 8.15 Standard No. 1 B Contract Total sales for the day:-

On demand

134

138 contracts

Sovereigns bank buy.

252 contracts.

⚫ing rate

1/5

$11,0,900

Bar silver per oz.

18 1/16.

NATIONAL SILK EXCHANGE:—

4,066,000

Bar Silver in Hong

1.150,001

Kong

Chaton,

Nom. Nominat

Sept.

1% prem.

September

1.51

December March

1.59

1.60

1.37 1.67

SHARE MARKET.

COTTON.

Air Reduction Chentical Works. Allied Chemical & Dye 133 Sept. 5 Range Sept. 6 Range The shares of this promising American Can

1.75 1.76 1.75 1.76

American Smelting chemical enterprise are conser-American Tej & Tel BUGAR.

vative media for investment American Tobacco "B" 01% Sugar Prices as of the close of the funds; continued retention of American Waterworks 28 market Sept. 6 on the New York commitments is advised.

Anaconda Copper Min- Sugar & Coffee Exchange:-

Texas Gulf Sulpher Co. Re-

Auburn Sept. 5. Sept. 6. strictive earnings prospects over Bendix Aviation

1.49

the longer term make these Borden Co. shares less attractive sent purchase or retention than issues recommended for

is attractive for gradual fur- ther accumulation. New pur- chases of the $6 debenture stocks (selling at 112) likewise may be made for income purposes.

Monsanto

Du Pont (EL.) de Nemours Within a and Co., Inc.. As a long term switching is being done for Sep- investment medium the common, tember.

Business Done:-1,880,000 shares.

G.

narrow range

some

Last To-day's

Price Price

99%

00

3716

126%

91 38 12014

90

28

17

584

17% 27

1744 of

for pre-1. CRAS

Canadian Pacific J. I.

274

Ito

16%

78%

pur- Chapillar Co.

221

22

Chrysler Motors

National Bank 26%

20%+

43%

4475

Consolidated Gaa of

PUBLIC AUCTION.

PART

ARTICULARS & CONDITIONS of the Sale by Public Auction Ito be held on MONDAY, the 100% 11th day of September, 1933, at 1333 pm at the Offices of the Public Works Department, by Order of His Excellency the Gov- ernor of one Lot of Crown' Land at Tai Hang Road in the Colony of 17

Hong Kong,

for

term 59% jof 75 years, with the option renewal at A Crown Rent be fixed by the Surveyor 7444 of His Majesty the King, for

one further term of 75 years.

PARTICULARS OF THE LOT.

N. Y.

Curtiss Welch

48

48

Drugs

Wright Inc

3%

344

44

43%

Du Pont de Nemours 78% Eastman Kodak

80

83

Electric Bond & Share 24 23% Electric Power & Light

2041 20%

94

94

24% 24

Fooda

27%

37%

32%

3276

Gillette Safety

14 * 14

224

2,812,000.00

Sales.

September December May

The

Department

cotibn

figures crop

LIKE & Myers

Internat. Tel. & Tel.

394

-101 "B" 95%

104

Baral Building

Tai Hang Bond.

Registry Ke

1. Ko of Bale.

Locmily.

Inc.

31

31%

24%

2434

4400

564

National

28%†

28144

18

LOCAL DOLLAR UNCHANGED.

Silver Declines.

The dollar is unchanged, opening Lo-day at 1/4.

Antamoka 77 cents.

Benguel Goldfields 30 cents. Gold Creek $0.

[OL Elevator

Pacific Gas & Electric 23 The estimate gave 12,314,000 Packard Motors bales after allowing for the Pennsylvania Rly.

Radio Corpa "ploughing in" of 4,237,000.00

Roebuck Scars bales under the Federal Crop Standard Brands Reduction plan.

¡Standard Gar The condition of the crop is Standard Oil Co. extimated at 74.2 per cent. Socony-Vacuum Corpn 134

N. J.

40% compared with 65.8 per cent. Texas Corpo last year, and the yield per acre Trans-America Spot allver, at 18 1/16, yesterday 198.4 lbs., as against 149.6 iba. Union Carbide & Carbon 46 showed a decline of %, while for-1 It had been confidently expect- United Air & Transport 37 125 Union Pacific ward was marked down to 18%, a ed that the figures would be United Corpn drop of 3/16.

round about 11,000,000 bales, United States Steel

86%

B

2314 644 K

35%

40% 40%

274 14% - 144

2734

of

40% 18%

40%

121%

37%

8

8

534

52%

44%

HONG KONG SAVINGS BANK

The Budson of the shore Hanh tư, goodvend the ЯONG ROXO AND SHAKARI BANK Văn CORPOBATIOK. Bass may be skialuZE

PAL CORPORATION

LN. MURPHY.

Acting Chief Maniger.

Hong Kong, 24th April, 1938.

SAFETY FIRST !

To Safeguard Your Valuabins and Jewellarlen,

Deposit them in

Vault

that is really: FIRE - PROOF BURGLAR - PROOF

DAMP - PROOF |

OUR SAFE DEPOSIT VAULT

located on the Merranine Floor of Our New building in Spacially Con structed to provide all of thers Im- portant Qualities.

You may obtain a' Safe Deport Box in the most up-to-date Vault for your own usa at a very moder.. ate Rental.

Inspection Cordially Invited. THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street, and Des Voeux Road, Central.

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO,}

UBAD OFFICE:-Talpek, Formosa.

Incorporated by Special Imperial Charter, 1879.

Central Bank la Farmows,

Bank-Botas Josef Áversgs amount ...Tax. 44,0OG POR On and after August 16th, 1989, tha

Head Office:Hong Kong.

ánskortad Capital (11. Durrancy

Paid-up Capital Sara Yund verse conta

BRANCHES —

Bhanghel, Fantom, Bangkok, Copper Casti

sad Bas Prancheta.

LONDON BANEZU :

The Floyd's Bank, Limivot.

CORRESPONDENTS

in all peladjai višim of the Worik.

Favolgi Kichange and barking businarə ol eracy description tressscled.

Safe Deposit Bonus (various sizes) or a jobrig res of rota 40.

LOOK POONG BEAN,

Chief Manager.

THE BANK OF EAST ASIA, LTD.

Bead Office: Hong Kong. No. 12. Des Voeux Road Central Established: 1918

Authorised Capital Paid-up Capital ...... Reserve and Undivided

Prosts

$10,000,000.00

Copper Cents

Late of Native In-

terest

934% Dalle Chinese Sub. Coin... 321⁄2o dia Hong Kong Sch. Coin par.

Cotton prices as of the close of the chase in this or other groups.

T'ho Oficial Summary of the market Sept. 6 on the New York Hong Kong Stock Exchange issued Colton Exchange :-- yesterday at 3.15 p.m.

Lande and Electrics were again enquired for this morning, but Oct. without attracting many sellers. Dec. Both have been marked up.

Jan.

i

Sept. 6. MANCHESTER COTTON,

Range

Sept. 5. Range 8.90 8.00 9.15 9.16 9.16 9.17 0.35 0.36 9.23 9.24 9.44 9.44 9.44 9.44.9.61 9.61 9.50 9.59 9,80 9.80 9.71 9.71 9,94 9.94.

0.10

9.30 CHICAGO WHEAT.

Sept. 5. Sept. 6.

84% .80% .86% 88 .925% 92%

In the mining section. Raubs March made a smart advance, sales being May |reported at $121⁄2, but holders seem July 6,508,600.00 disinclined to part with any sub- Middling

stantial parcels.

Spot Hotels and China Lights were easier throughout the morning.

BOARD OF DIRECTORS:-

Bir Shotson Chow, Chairman.

LJ Koop Chun, Esq.

P. K. Kwok, Esq.

Wong Yun Tong, Esq.

Chan Chlag Bhek, Esq.

YA Lan Bang, Esq. Pun Hiu Cho, Esq. Wong Chu Son, Esq. Kan Ying Po, Esq.

Kan Tong Fo, Esq., Chiet Manager. Li Tse Fong, Esq. Manager.

Correspondents in all principal cities

rate of Interest on Special Current of the World.

Deposit will be at 2% p.a. on daily

Every description af Banking and

balance and the rate for balance over Exchangs business transacted. Loans $10,000 will be quoted on application. granted on approved securities.

Maximum rate-14%).

LONDON BANKEES –

Barclayı Bank, Lid.. Liepdo Bonk, Lia, Milland Bank, Zid., Wartalarior Biak. Loë.

The Bank her Gerrespondents in ali sks priecipeľ Jenerala) Dentro Shroughout the world.

HONG KONG BRANCH:

K. MAGUREL

A. Das Voss Band Control.

Hong Kong. December 9, 1981.

Slang

THE YOKOHAMA SPECIE: BANK,

LIMITED

Eatsbiliked 1650.

Safe Deposit Boxes To Let

KAN TONG PO,

Chief Manager.

THE

AMERICAN EXPRESS COMPANY,

INC.

Lead Office:di, Broadway. New York.

Capital (fully paid-up) Ten 100,000,000 Reserve Fund .................Yen. 118,750,000| Amendem

„13.8.66,000,000.00 „U.S.$1,867,089.17 .U.S.$1,718,979.67

Antamoks 80 centa.

Ruubs $124.

Hotels $7/7.10.

Peak Trams (Old) $15.85. China Lights (Old) $11. Dairy Farma $28.30/28%. Amusements $10,

Buyers Hongkong Banka $18.00. Canton Insurances $310. Union Insurances $565. Underwriters $2.

Douglases 321⁄2

Raube $12.20,

Venz. Goldfields $5.60. Ewo Cottone Sh. $14.65. Hotela $6.85,

Hongkong Lands $77.

Hongkong Trams $22. Star Ferrics' $95.

China Lights (Old) $11.30, Electrics $75.

Telephones $31.

Dairy Farms $28,80,

Constructions (New) 80 centa:

Govt, Loans 3% Prem

REPORT

Quiet Business In Most Sections,

Manchester, August 9.

Electric Auto-lite Co...

General Electrie General

› General Motors

Gold Dust

Mesars. James F. Hutton and Internat. Harvester Co., Ltd., report as under:-

published by the United States Montgomery Ward

of Agriculture National Blacuit

'came as a great surprise to the

onal City Bank market and caused a widespread National Dairy Products 18 ¡feeling of disappointment.

The cross rate, London on New with 8,500,000 bales for destruc- Westinghouse E. & M. 44% |York, is £-G$4,56 and New York on tion, so the marketa iden was

London E-G$4.84%.

Investment News

N

P

Bondar MAJOR,

5. R. W.

・the About:

As per sale) plan. 10,000 114!

PURSE-SNATCHER

NEATLY CAUGHT.

Police Pensioner's Smart Capture.

WARMLY COMMENDED BY MAGISTRATE.

Li Teol, a former P.W.D. coolle was sentenced to six montha* imprisonment by Mr. Schofield at

the Central Police Court this morning for snatching a purse containing 3221 from Tang Sam Johns Manville Corpn. The re- Les, a Chinese woman, while she has upset buyers of yarn and cent rise in industrial production was walking outside the French piece goods.

'¡has increased the company's sales,"

about 2,000,000 bales under the *estimate.. This naturally caus-

ed considerable confusion and'

LONDON EXCHANGES,

London, Yesterday

Paris

New York

Montreal

Brussela

Geneva Amsterdam Milan

80 13/16 4.58

∙19,87%

4.78

Sellera.

Capital Surplus Reserves

Yaumati Ferries $25.

22.65 16.36% 7.84

China Lights (Old) $11%, Sinceres $18.40,

59 15/10

Berlin

18:264

BRANCHES

Amusements $11.

Stockholm Copenhagen

Mexico City

Kaplan

5.OBIO....

22.40. 19,90

29 N.

Head Offens—YOKOHAMA.

Bennchon val Agmclas në:

Listallarg

Felping

THE MERCANTILE BANK OF INDIA, LTD.

Prague

1061⁄2

Helsingfors

2264

London

KKAD, GYPICK

Madrid

Alexandria

Nagasaki

Lisbon

104

Co

Ochurch imel, Zankin, 806..

Batavia

Hagoga

Athens

Berlin

Nawekwang

Authorised. Capital 177.£8,000,000

› Bombaý

New York

Bubscribed Capital::25

1,800,000

Bucharest Belgrade

Oska

Paid-up Capital

1,050,000

Rio

Canton

Daires (Dalny)

Pangtien (Mukden) Rangoon -

Hamburg

Bankow Harbis

Boog

Hainking Kobe London

Angler Wandla

Deperita

Hong Kong, 11th

Bio de Janeiro-**

Beatie Hamarang

М

Branches of Ameriena Express Com pany in Principal cities of United States of America and Canada.

"All sinasse" of Commercial - Bayki Transactions undertaken.

Pardons) 'Investment'

| bandad

The Company offery, to Entend5:

Travelers the use of, Itá

Chique" and Tattari, of Credit

In addition,” the", wor

of it thoroughly squi

Reserva Fund & Rent 1,248,935 Thai Bank of Magni & Midasă, Bank, Lát.

Kogía Lápia

Kuala Lumpur

Parang

BONG RONO DRANON.:

Bracy danception of Beaking and Buskas

Trustos, and Execux taken.

Hong Kong 2nd May, 1988;;

Vientu

Buenos Aires Montevideo Bombay Shanghal Hong Kong Yokohama Silver ** Forward," Warloan

It is thought that this record and selling quotations for certain Hospital, Causeway Bay, goster yield per acre has been brought products have been moderately ad-day. about. by the farmers trying for vanced. While it in uncertain]: The woman's cries for help were a heavier crop for each acre left that operations will gain a profit heard by ex-Inspector C. P. Fallon, and has frustrated the object of able basis in the near future, the a police pensioner, who gave chase the Government.

loss for the current year is likely and caught the accused in the nul-

Owing to the holidays the to be considerably less than that lah beside the hospital, market has hardly settled down for 1932, and the longer term out- The Magistrate warmly com to normal, and only a quiet busi- look for profits remains decidedly mended Inspector Fallon on his ness has been in most sections, favourable, Early resumption of good work,

There has been a fair amount preferred dividends is not anti-

of enquiry about, but quantities cipated, but accumulations will not have only been amall whilst bids; be hurdensome, as the issue is have generally been on a very small.

low basis

A few light whites and prints

88 18/16 (7) have been in request for Cal-

635-

23244

cutta, and several lots of fine CHINESE COTTON mulls have been booked for

Madras. Bombay has submitted 'enquiry; so far without result

MILLS REQUEST.

RUBBER STOCKS IN GREAT BRITAIN."

London,

The stocks of rubber, were"list- ed in London at 44,043 tona,on: June 24 showing an incrsise" '602 tons,' as compared with: t

The Liverpool stock on the same

4% Oficial | China and Hong Kong have $5,000,000 Loan Sought previous walk. 14 Oficial been inactive but one or two lines By Shanghai Association, 34 Nominal of poplins: have been placed for 1/6.1/16 Shanghai, and fancies have also

"Ante' was 69,272 tons, or 54′′ tona less than the week before, The 785 tons in London and 58.441 tons Shanghai, to-day stocks, on June 24, 1982, were 51,-

Averpool,

1/8 3/15/-been in demand for the. Straits, The Association of Chinese Cot 1/4 10/10 There has been a little enquiry ton Mills here fa requesting the

from the Near East in plain Central Bank of China to grant they 18 1/16 finishing cloths, whilst Egypt Chinese cotuon mills ~ loan of 18%

has shown interest in mulls and $5,000,000 in order to relieve them 84% 100% white shirtings, from business hardship, British Wireless Service

WEATHER FORECAST

Fair weather, with winds, As forecasted In the wes report issued from the Royal Opsar, vatory, this toor

West Africa and Morocco have Preliminary discussions have been boen quiet and though offers held with Mr. H. H, Kung, Governor have been received from Amer of the Central Bank. ca tor both prints and spelalities rangements may not Only a few tota have been placed, until the Chinese Finni ough / yarn a salesmen have Mr. T Y Boong.. rebus had a fair enquiry business in kings from Kuling

counts has been vary slow, GA gen

RELIABLE PRINTING

TO ONE Fuse

!!