1934-08-07 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Aburied Colt $50,000,00 Lund and Fully Paid-up, Serve Funda-

Barling.

Eller

£1,000 $1,400,000

Rosures Liability of Penpristore $30,000,000 HEAD OFFICE: HONGKONG.

BOARD OF DIRECTORS,

flon. Mr. C, 0.

Chairman

B. 1. Dudwall, Fes

Hom, Mr. W. B. B

Deputy Chalomas.

A B. Complen, Esq.

W. J. Enewich, Esq.

C. O. Kught, laq.

AMCY

HANOKITE

DATAVIA

BOMBAY

CALCUTTA

DANTON

CARTOO

COM

DAIRES

PODCIIOW

MAIPHONO

HAMBURG

BANROW

HARBIN BONUKEW

IZJILO

ENSER

JOHORE

RUBR

ROWLOON

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853.

HEAD OFFICE: LONDON

Reserve Liability at Pro-

Amsilor Tadzko Haavis

Paid-up Capita)

..£3,000,000

Reserve Fund.....

£3,000,000

prietors

£3,000,000)

9. Mackie

Ageneles and Branches:

Alor Star

Hangoon

pob

Kigon

Karachi

Rest

Klang

Hereinba

EAG

ilomber

Habe

Slanghal

Calcatra

Keela

Kingspom

Свакер

Langu

Billawan

Cawnpors

Kachdor

Bourya

Cebu

Madne

Tuping

Coloraba

Manila

Tirnist

Delhi

Bedard

Tongkab

Unipbong

New York

(huker)

Hambure

Prilog

Taingt

Tankom

Harbin

Fexing) Терапе

Yokobaina

Zamboange

43. Mlakin. Eny. K.. Morel

T. 12. Penica, Eng.

V.M. Gewybars, Esq.

Chit Mar

BRANCH:

Lustos

קנון!

BLALACGA MANILA

UAB

MURDES

NEW YORK

PRIPING

PESANG

RANOOON

SAROK

HAN PRANCISCO

KUALA LEMPUA

SHANGHAI

SINGAPORE

SOURABAYA

KUSGEL PATAHI

TIENTSIN

TURVO

TSINGTAO

TOROHAMA

Current Accounts opened is Loral Currency cerita ived for one you or alertar periods in Lacel Company and Sterling 01 which will be quated on application. Houg Roma, 10th April, 1998,

Hong Kong

Foreign Exchange and Canars), Banking nadinowa trand.

Current Aconite opes and Pised Deposits zerelved far one year or aborter periods a mi which will be quoted on application

W. H. E. THOMAS,

Acting Manager. Hong Kong, 20th February, 1934,

THE BANK OF CANTON, LTD.

Established 1912.

Paid-up Capital

Head Office:Hong Kong. Authorised Capital $11,000,000 8,655,000

Total Resources ........ 32,170,492 Branches: Canton, Toishon, Shanghal, Hankow, Bangkok & Sun Francisco, London Bankers: Lloyds Bank, Ltd.,

Foreign Exchange and Banking

HONG KONG SAVINGS BANK.ss of every discription trans-

The Bunions of the atrise Bank la chuduct

# by the HONG BOND AND SHANDERI BARBING CORPORATION.

obtained red application.

Hules may

YR THE HONG KONG AND SHASUHA DARKISO CORPORATION

V. M. GRATOURN,

Chint Manager.

Bag Reng. 2016 February, 1934,

THE BANK OF EAST ASIA, LTD.

Autori Capital

Paid-up Capit

$19,000,000.00

35,008.00.

femeres and Undivided Profite,,000.00

HEAD OFFICE:~HONG KONG

1 Das You Road Catal

BOARD OF DIRECTORA:-

Nir Show Chow, China,

Loon Caus, E. P. R. Kwok, Ex. Wong

Jon Thing, og Chan Ching hak, Eng., Il Lan

Current Accounts opened and Fixed] Deposits received for опе year от shorter periods at rates which will be. quoted on application.

Safe Deposit Boxes (various sizes) for hire.

LOOK POONG SEAN,

Chin! Habagat.

SAFETY FIRST!

To Safeguard Your Valuables and Jowelleries. Deposit them in a Vault

that is really: FIRE-PROOF BURGLAR-PROOF DAMP-PROOF!

OUR SAFE DEPOSIT VAULT

Bank Bag Wong Chu Son, Fry, and Kan Ying located on the Mezzanine Floor of

Po, Pa

Run Tong Pa, Esq. Cliet Manager, La Fong. F. Manager.

BRANCHES AND AGENCIES:-

Autoy

Mana

Flalari

Hainting

Sugak!

Suntila Kamurang Khanghai

Calcut's

New York

Blogspare

Canton

Thaiphon

thi Paris

bourabaya

Bwatom

Hankov

Memoraju Kobe Kowlpon Lund

Penny

Raugin

Halgot

Takyo

San Francisco

Yearouter

Yokotas

Tallick's Tiltin

Every description of Hanking and Exchange. buna tramamótað, Loans granted on approved! seconities.

Querant Accopate opered a tout Curacy and Fixed Depot received for one THE DE

Our New building is Specially Con- structed to provide all of these Im- portant Qualities.

You may obtain a Safe Deposit Box in this most up-to-date Vault for your own use at a very moderate Ren- tal

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

THE

after pachle is local and Fatin AMERICAN EXPRESS COMPANY,

in which will be quoted a spation,

Hut pit Soare To let.

EAN TONO P,

INC.

Cbial Maunger.

Hong Kong, at March, 1984.

Head Office:-65, Broadway, New York

Capital

$6,000,000.00

Surplus

2,087,112.69 1,995,528.31

THE BANK OF TAIWAN, LTD,

Head Office:-Talhoku, Formosa, Incorporated in Japan by Special Imperial Charter, 1899.

Central Bank of Formosa, Notes

issued Averago amount Y.45,000,000,

Branches and Agencies.

Japan:-Kobe, Osaka, Tokyo, Yoko- hama, Keelung, Makong, Nanto, Shoka, Sinchiku, Taichu, Tainan, Taito, Takao, Tamsui, Toen China:-Amoy, Canton, Fosshow, Han--

kow, Shanghai, Swatow. Othera:-Bombay, Hong Kong, London, New York, Singapore, Batavia, Samarang, Soerabaya, Dairen. On and after April 28th, 1934, the rate of Interest on Special Current

Deposit will be at 1% p.a, on daily

Reserve's

BRANCHES:

Amsterdam

Gro

lina

Antwerp

Co

Bice

Athens

The Jagua

Naples

ALTUEN

ESTAD

Pirell

Belie

Hamburg

Poria

Barlie

HAVEO

Parpin

Basabay

Paiera

Bremen

Interlaken

R

Drussal

Jerusalem

ВА

Calra

London-

Liverpeal

Calcutta Center

Incens Celombo

Tug Copenhagen Luxor Dobles

STA Edinburgh Маслося Genesa

-Sih sagham Southamphati Singapor Mean Tatemiaa Vlaap

-Atonte Carlo.

Manila

Moofch

Yokohama Zurich

Youltrex

Branches of American Express Com- balance and the rate for balanco aver pany in Principal cities of United $10,000 will be quoted an application States of America and Canada. (Maximum rate-1%),

Y. OHNO,

Manager.

Hong Kong Branch

3. Des Voeux Road, Central.

THE CHINA MAIL, TUESDAY, AUGUST

Commerce and

LOCAL SHARES.

TO-DAY'S QUOTATIONS.

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

Banks.

All classes of Commercial Banking) Transactions undertaken.

Personal Investment accounts handled

THE YOKOHAMA SPECIE BANK The Company offers to intending

LIMITED.

Established 1880

Capital (fully paid-up) Yea.100,000,000 Reserve Fund

Yen.122,750,000

***! Head Office:-YOKOHAMA

Branches and Agencies at:

Alexandria

Batavia

Berlin

New York

Nagasaki Nagoya

Bombay

Osaka

•

Calcutta

Paris

Canton

Dairen (Dalur)

Felping Rangoon

Hamburg Hankow

Harbin

Fengtien (Mukden) Rio de Janeiro

Hong

Kong Honolulu Rainking Karachi

Kobe

London Los Angeles Manila Hoji

San Francisco Seattle

1

Shanghal

Semarang

Singapor

Soorabaya Sydney

Tientaln

Tokyo

Tsingtan Yingkow Interest allowed on cxrent Ac- Deposits received for fixed periods at rates to be obtained on application,

O KISHINAMI, Hong Kong, 11th April, 1982):

Manager

Travellers the, use, of its. Travelers Cheques" and Letters of Credit and, in addition, the world-widą, sárvices | of its thoroughly equipped Travel De- partment.

C. H. BENSON,

General Manag

YOU

ARE INVITED TO INSPECT OUR STOCK OF ASIATIC, FOREIGN AND COLONIAL

POSTAGE STAMPS IN SETS, SINGLE, PACKETS, BAGS AND IN APPROVAL SHEETS,

GRACA & CO.

Dealers in Postage Stamps Philatello Good Picture Postcards, Religions Goods, Garden Seeda, & etc?“ NO, 10. WYNDHAM STREET

$20. HONG KONG

H.K. Bank, $1825 n.

H.K. Bank (London), 155 n. Chartered Bank £154 n. Mercantile Bank, A. & B £81 n. Mercantile Bank C, £13% n. Bank of East Asia, $84 n. Am: 0. Finance Corp., Sh. 420 China O. Fin. Ord., Sh. $4 n. China O. Fin. Pref. Sh. $5 n.

Insurances.

Canton Ins, $288 b. Union Ins., $550 b.

China Underwriters, 14 b. China Fire Ins.. $510 n. H.K. Fire Ins., $260 5. International Assce. $6 n.

Shipping.

Douglases, $40.03. H.K. Steamboats,. $7 n. Indo-Chinas (Pref.), $30 m. Indo-Chinas (Def), $38 n. Shell (Bearer), $46/3 n. Union Waterboats, $182 b.

1 Mining.

Antamoks, 60 cts. n. Balatocs, $351⁄2 a Bagulo Gold, 47 cts. n. Benguet consolidated $40 a. Benguet Exploration 19 cts. n, Benguet Goldfield, 20 cts, 1. Big Wedge, 12 cts.

Gold Creek, $2 n.

Ipo Mining $2 n. Itogons $5 n.

Kailan, $20/3 n.

Langkate (Single) Sh. $21 n.

S'hal Exploration, Sh. $5. S'hal Loans, $61⁄2 . Raube, $13.40 n. Venx: Goldfield, $7 a. Docks, etc.. H.K. Wharves, $112 b. H.K. Docks, $181⁄2 b. Providenta (old) $1.85 b. Providents (new), 350 cts. n. Hongkews, (old) Sh. $312 Hongkews, (new) Sh. $310 n. New Engineerings, Sh. 35 n. S'hal Docks, Sh. $1251⁄2 n.

n.

1934.

WEAKER TONE ON WALL STREET

Finance Commodity Index At

LOCAL DOLLAR STEADY,

,

New High.

BUSINESS STILL DULL

NEW ADVERTISEMENTS

THE HONG KONG LAND INVESTMENT AND AGENCY CO., LTD.

A

N INTERIM DIVIDEND of ONE DOLLAR AND FIFTY

CONSIGNEES' NOTICE.

THE BEN LINE STEAMERS,.. LIMITED.

From LEITH, MIDDLESBRO', ANTWERP, LONDON AND STRAITS.

The Steamship,

"BENVANNOCH"

Prices were weaker on Wall Street CENTS per share for the six yesterday, industrials and rails be-months ended 30th June, 1934, will informed that all Goods are being Consignees of Cargo are herby Silver Prices Advance, ing off 0.32 and 0.31 to 88.11 and be payable on TUESDAY, 28th landed at their risk into the hazardus 38.91, respectively, while utilities August, on which date Dividend and/or extra hazardous Godowns of The local dollar remains steady, and bonds were off 0.13 and 0.16 tocation at the Company's Offices, S, front the wharves delivery may be Warrants may be obtained on appli& Godawn Co., Ltd., whence and/or The Hong Kong and Kowloon Wharf opening on demand this morning at 19.94 and 98.72, respectively. 1/5

Chater Road. The commodity index soured 1.75

obtained. Spot and forward silver prices to a new high 1988.34 level of 62.03.

NOTICE IS HEREBY GIVEN the Goods have left the Godowns, and

No claims will be admitted after. have advanced 3/16, closing prices S. E. Levy And Company's Report that the REGISTER OF SHARES all Goods remaining undelivered after on Saturday being 20 11/16 and In their market report. Mesars. of the Company will be CLOSED the 14th August, 1934, will be subject 20 18/16, respectively.

S. E. Levy and Company, corres from THURSDAY, 16th August, toto rent The London on New York cross-pondents for Messrs. White, Weld MONDAY, 27th August, (both days be presented to the Undersigned on All claims against the steamer must rate, which closed last Friday at and Company, New York state: .U.S.35.03%, closed on Saturday at

inclusive), during which period no or before the 28th August, 1934, or "Stocks:The market is still he-transfer of shares can be registered. they will not be recognized. U.S.$5.03%, while the New York Bitating in anticipation of some

By Order of the Board of Warehouse

To comply with the General Bonded on London rate closed unchanged at action by the Administration cal

Regulations Directors.

consignees £-U.S.$5.04%

culated to stimulate recovery,

must have a Revenue Officer in attend- ance when damaged dutlable goods are examined

Cotton Mills. Ewos Cottons, Sh. 311.30 n. S'hai Cottons (old), Sh. $731⁄2 D. S'hai Cottons (new), Sh. $48 n. Zoong Sings, Sh. $11 n. Wing On Textiles, Sh.$58. n.

Lands. Hotels, etc.

H. and S. Hotels, $5.70 n.

H.K. Landa, $57% n.. S'hai Lande, Sh. $251⁄2 n. Metropolitan Lands, Sh. $14 n. Humphreys, $10.40 n

H.K. Realties, $0.

Asia Realties "A", Sh. $140 n. Asin Realties "B" Sh.$20 ñ.: Chinese Estates, $85 b..

China Realties. Sh. $1554_.. China Debentures, Sh." $187 n. Public Utilities.

H.K Tramways, $21.85 b.. Peak Trams (old), $15 n. Peak Trams (new), $7 n. Star Ferries, $1021⁄2 n. Yaumati Ferries, $214 b. C. Light (old) $8.85 b. C. Light (new) $8.40-b. HK. Electrics, 371 b., $72 sa. Macaa Electrics, $25 n. Sandakan Lighte, $3 n. Telephono (old) $24.60 s. Telephone (new) $11,80;n. China Buses Sh. $13.20.. S'pore Tractions,.85% n. Singapore Pref., $17/- b.

Industrials,

Malabon Sugars, $11 n. Cald: Macg. (ord), Sh. 21 'n Cald: Macg. (Pref.), Sh.31945. Canton Ices; $2.70 2. Cements, $2.70 b. :*. H.K. Ropes: $4.60 n.° Stores, etc. Dairy Farme, $26-b

·Watsons, $5.70 buyers.. Der. A. Wings, $1-n. - Lane, Crawfords, `$4.38 n. Mackintoshs, $21

Sinceres, $10.2 Wi: Powells, 70 ets. n. Wing On: (HK) $108: n.

Miscellaneous.

H.K. Amusementes: $4 m...” Entertainments,$7/23 S.C. Enterprises, 32 na United Theatres, Sh. $2 n. Maçao "Greyhounds, 3 a. Constructions (old) $1.65 h Constractions (new), 75 cts. HIR, Gort, Loans, 6% pr Wallace Harpers, $74 1 CH GOVE 1925 G3Bds

Gold River, 24 its n.

NATIONWIDE CAMPAIGN FOR CHEAPER DOLLAR IN U. S.

Business done:-780,000 shares.

L. S. GREENHILL.

Secretary,

EXCHANGES.

"Bonds: The market for high- Hong Kong, 7th August, 1934. grade Issues is steady, while se- cond-grades are unchanged.

"Cotton:-Prices are Washington, To-day. Senator there has been only a little out- firm, but Thomas, of Oklahoma, plane aside interest. The market is still nationwide campaign for a cheaper awaiting issuance of the dollar, although Wall Street is skep Government cotton crop report.

next tical of immediate inflation.-United Press, per S. E. Levy and Company. and featureíess.

"Silver:-The market is quiet Business done

HOME OWNERS'

LOAN BONDS.

Short Term Series

Of Three.

SPECIAL TO CHINA HAI (Bu Telegraph, Copyright, Telegra phic Messages Ordinance. 1894, Re ceived August 7, 9:32 am.)

Washington, To-day.

Business done:-745 lots.

TO-DAY'S QUOTATIONS.

Strangth at Rotterdam and Buenos On India- The Home Owners' Loan Corable weather in the Argentine en-Da Shanghai-

Aires combined with less favour- On T.T. and demand 98% poration treasury has offered three series of short term bonds of the possibility is that prices may On Japan:-

couraged heavy buying. While

On .demand U.S.$50,000,000 each, provided the cash is used for reconditioning chases on minor set-backs is the On Manila-

80 higher, we believe that pur-: On demand homes on which mortgages have preferable course. been granted.

All broken, shafed, and damaged Goods are to be left in the Godowns, where they will be examined on the 13th August, 1994, at 10 am, by Messra, Goddard and Douglas.

No Fire Insurance has been effected. Bill of Lading will be countersiga- ed by

GIBB, LIVINGSTON & CO., LTD.

Agents.

Hong Kong, 7th August, 1934.

EVEXXS

Everything

On London-

31 lots.

On T.T. and demand 1/54 4 months' sight... 1/5% "Rubber: Prices were strong,

Credits 4 months' and the trend was upward on re-On New York-

sight *. newed trade and speculative buy- ing throughout the day. We be lieve that this commodity will sell

116%

On demand

8714

Credits 5 days'

sight

gone

BUT YOUR

335%

considerably higher in the near On Paris- future.

SAVINGS

On demand

565

"Wheat:-The market is strong.

Crédite 4 months'

sight

5972

RENT

FOOD

110

CLOTHING

1242

74%

63

HEAT

TAXES

On Batavian

On demand

64%

On Saigon---

WATER

On demand

5G

de-

CHITS

125%

1/63%

20 11/16

дот.

дот.

1% prem

On demand The bonds will mature in two,

Business done 16,812,000 bushels. On Singapore- three and four years, and will bear

"General Motors has declared a

On demand the, following interest in the same cents together with an extru divi- regular quarterly dividend of 25 order: 12 per cent.. 14 per cent dend of 50 cents, and 2 per cent,

"International Nickel has The Corporation has reported clared a quarterly dividend of 15 that it re-financed 414,190 homes cents, compared with-a previous up to July 27, and has U.S.$900, dividend of 10 cents. 000,000 worth of bonds [ding.-United Press, per S. E. Levy

and Company,

outstan.

NEW YORK STOCK EXCHANGE.

S. E. Levy And Co. And A.O.F.C. Quotations.

New York, 'Yesterday. The following quotations from New York have been received by Mears & E. Levy and the American Oriental Finance Corporation

N. Y./Lon-

don

Last

Close Opening Noon

5.04% 5.04% 5.04 13.07 13.07 13.18 13.17

Cotton Oct. 13.08

Dec. Silver Scpt.47:30-

- Dec.

Rubber Sept. 15.10.

STOCKS Amer.

Smelt Anac Cup-

13.19

47.95

47.80

(Continued on Page 7)

On Bangkok- Bovereigns bank buy-

On demand

ing rate.....

Bar Silver per öz, ...

Bar Silver in Hong

Kong Copper Cash..

SILVER POLICY Copper Cents

INADEQUATE

Senator Thomas Attacks Roosevelt Plan.

SPECIAL TO CHINA MAIL. (By Telegraph, Copyright, Telegra phic Messages Ordinance. 1894, R4- ceived August 7, 9.82 a.m.)

Washington. To-day... Senator Thomas, of Okia- homa, declares that President Roosevelt's silver policy is in- adequate.

The United States, he points] out, is spending U.S.$20,000,000 1.10 daily. Thus the new $50,000,000 issue of finance is only sufficient for 2 days expenses.

The purchasing. power of the dollar is U.S.$1.35, and the ex- cess. must be eliminated if re- covery is to come, he asserts. United Press, per S.. E. Levy and Company.

47.51

Silk Dec.

1.114

miskin

Dec.

15.50

16.63

C. Wheat

Sept.

1.04

1.05%

Dee.

.1.08%

1.08

C. Corn

Sept.

723

7%

Dec.

75%

W. Wheat

Oct.

9044

32% 32% 88

11

19

11

1434 --- 37

10%

18%

1414

27 27%

85- 854-

11

8814 1134: 10

20%

2614

$ 4014 2144 21%% 18. 17% 19- 13% 43

4736

13%

In Aircraft

15

43 14%

17, The Bund Shanghaii

[U. S. Steel

33%

33%

West E&M

29%

29

per Auburn Balt & Ohio JI Case.. Con Gab

N. Y

Da Pont

El Be & Sh Int & Tel... Gen Motors

Melntyre

Mont Ward Nat, Distili. N.Y. Central SocVacum

Stan Oil N.J.

Is It Insured? ?

Insurance All Classes

``LOWEST RATES

American Asiatic Underwriters Fed. Ind, USA. General Agents

Hend-Offee

ELK, Office Asia Life Building Tel 30234

Rate of Native Interest 8% pa. Chinese Sub. Coin 29% dis. Hong Kong Sub. Cols par.

U. S. BUSINESS INDEX RISE

New York, To-day. The New York Times business index reports business at 78.8 per cent, as against | 79.7 per cent. last week and 92.0 per cent. at this time last year! United Press, per S. E. Levy (and) Company

SAVINGS

SAVE SOMETHING

START NOW

UNDERWRITERS SAVINGS BANK

FOR THE FAR EAST,

INC.

Asia Life Building, Hong Kong. Tel. 80234.

S. E. Levy & Co.

UNDERWRITERS AND DISTRIBUTORS

SECURITIES AND COMMODITIES

BOUGHT AND SOLD ON COMMISSION DAILY NEW YORK STOCK AND COMMODITY SERVICE

Members:

NEW YORK COTTON EXCHANGE COMMODITY EXCHANGE, INC. CHICAGO BOARD OF TRADE

CORRESPONDENTS FOR WHITE, WELD & CO., NEW YORK

7 ICE HOUSE STREET, HONG KONG Tel. 30101 and 30108

Tel. Address: Balco

THE SHANGHAL

COMMERCIAL & SAVINGS BANK, LTD.

SAVINGS DEPARTMENT.

CONDENSED BALANCE SHEET AS AT. 39TH JUNE 1934.

Capital

Reserve Fund

Deposits:

Current

Fixed

LIABILITIES.

ASSETS

$500,000.00

600,000.00 -

Cash:

In Hand

$29,772,636.66.

8,362 325.32

38,134,961.92 *422,498,01€

At Commercial Department tInvestments at Book False

$4,440,207.28 9,009,994.38

$15,450,292.24

$11,707.222.39

*Loans Becured ́..

*14,403,023/59 ||

Accrued Interest Receivable.

269/984019

£23,620,94:

Asconate) En, Roáte

140,800M793!

4,037.09

$40,016.637.08

Gif Bonds (Savings Certificates) Apcrued Interest Payable,

Net Prodt for the Half. Year.

of the Financial Condition of our

National Government; of China, G

ings Department every quarter is made statutory by the Ministry of Finante

HONG KONG BRANCH: No 7 ICE HOUSE-STREEN

PHONES:131481=62-83/