1934-08-20 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorhed Capital $50.000,270 Lead and Fully fuid

Resorte Finder -

HP 20,660,54

Starting #S, AND

Bits...

100,000

Berre Schilty of Progiintare $20,000,000

HEAD OFFICE, DONGROSO,

BOARD OF DIRECTORS,"·

1. Mr. 0. G. S. Mackie

Chairman,

8. 11. Dowall, Eng.

Deputy Chairman.

""

Lion. Mr. W. . $19,

A. B. Complom Ex

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853.

HEAD OFFICE: LONDON

Paid-up Capital

Reserve Fund

.£3,000,000 £3,000,000

Reserva Liability of Pro-

prictors

£3,000,000

Agencies and Branchen: -

Alar Blar

Tioilo

Renamo

Amritsar

Jpah

Malgon

Liangkok

Karachi

SAMPA

Hataris

4. Miskin, Esq.

Klong

Servin

B. 6. Morenon, Eaq,

Botabay

Kobe

Shanghal

T. R. Pearce, Eng.

Calculle

Kale

Вздоро

Cablou

Lumpar

91awan

Cawnport

Kurblog

Hoursbays

Cebu

Мафтал

Taiping

Colombe

St

Traf

Delhl

Medan

Tongkah

Italphots

New York

Bhchart

Hambura

Peirian

Tsingtao

Hankn

(Irking)

Yokohama

Farbtn

Tenang

Zainimage

Hans Rut

W.). Kesh keq.

D. C. Kolght, Eng.

Y. 14. Orburn, Bog

Chief anger.

DRANUTIES:-

JANHON

AMOT ĐANG NH

ΒΑΤΑΝΙΑ

BUNDAY

CALCUTTA

CANTOS CHE100

COLOMBO DATES

YOUCHUW HAIPHONG

HAMBURG

BANROW

HARDIN

BUKOREW

ILOILO

IPOH

LORE

IOWTOON

LYONS

MALACCA

MANILA

MUAN (Jukore)

MPEDES

NEW YORK

PEIPING

PENANO BANODON

FAROON

FAN FRANCISCO

KUALA LUMPUR

SHANGHAL

SINGAPORE

DOURADATA

SUNDEI PATANI

TJENTSIN

TONYO

TSINGTAO

YOKODAMA

Punent Arraunta opened lu Local Cray Fixed Depot received for 36 aboring partod in Local Company and her

lozara which will be quoted an application. itong For 13th April, 1934.

HONG KONG SAVINGS BANK.

The Busbar of the abors Blank le sonduot ad by the LONG KONG AND SIANGIAT BANNING CORPORATION Rules may obtained on application.

be

FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION

V. M. GRAYBURN,

Chief inpr.

Bong Kurs, 2016 February. 1984.

THE BANK OF EAST ASIA, LTD.

Authorland Caplial

Paid-up Capial.

.10,200,000,

......$ 1.800,TAKLEG

Berid Undivided Prošle 2,484,000.00

HEAD OFFICE: TONG KONG

13. Den Faux Road Central.

BOARD OF DIRECTORS:-

Bir Shou- Chog, Chalima

I Foca hun, Fag, P. R. Kwok,

eg., Wong

Fun Tong, Pa., Chan Ching Rhok, Enga Sang, Fiq. Wong Chu Bon. Eg, and Ran Sing Po, Esq.

Amor

Patavin

Barbar Belmutta Paulen

Kan Tony Po. F. Cliff Manager.

Life Font. Eg, Macaget.

BRANCHES AND AGENCIES →→→

Sinulle

Melbourne

Nagmaht

Singapore Бошгабата

Seitia

Semarang

zibazgbal

Yew York

Belpheng Kuskow

Path

Below

Bydne

Benctulu Kob Kowloor

Penan Иватость

Saigon

Ba Francisco

London

Peiping

Tianlala

Tokyo

VALCOVE

Yokohama

Er deriglion of Barking and "Krekings Loans grated en approved bustes transacted. BIT.

Bud

Accounts opened in Local Carine) dited Depoalls received for p

Booster prends in Local and Foreign Currende

En ferme which will be quoted on application.

Safe pit Coies To Eat.

KAN TONG PO

Hong Kong, at March, 1934.",

Henager.

THE BANK OF TAIWAN, LTD.

Head Offer: Taiheko, Formosa, Incorporated In Japan by Special Imperial Charter, 1899, Central Bank of Formoss, Notes

Issued Average amount .45,000,000

Branches and Agencies. Japan: Kobe, Osaka, Tokyo, Yoko

hama, Keelung, Makong, Nanto, Bhoka, Sinchiku, Taichu, Tainan, Talto, Takao, Tamsul, Toen. China-Amoy, Canton, Focchow, Han-

kow, Shanghai, Swatów. Others: Bombay, Hong Kong, London,

New York, Singapore, Batavia,| Samarang, Soerabaya, Dairen.

Foreign Exchange and General Banking an

incl.

Curran korenie opened and Fleed. Deposita. mpolved for ous year or skorlar

which will be quoted on application ved at estes i

W. H. E. THOMAS,

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

THE BANK OF CANTON, ́LTD.

Established 1912.

Head Office-Hong Kong. Authorlaed Capital

$11,000,000 Paid-up Capital

8,055,000 Total Resources

82,170,402

Branches: Canton, Tolshan, Shanghai, Hankow, Bangkok & San Francisco, London Bankers: Lloyds Bank, Ltd.,

Foreign Exchange and Banking business of every discription trans- acted.

Current Accounts opened and Fixed Deposits received for one

year or shorter periods at rates which will be quoted on application,

Safe Deposit Boxes (various sizes) for hire.

LOOK FOONG SHAN,

Chief Haner.

SAFETY FIRST I

To Safeguard Your Valuables

and Jewellerías. • Deposit them in a Vault that is really: FIRE-PROOF BURGLAR-PROOF DAMP PROOF!

OUR SAFE DEPOSIT VAULT located on the Mezzanine Floor of 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 House Street and Des Voeux Road, Central,

THE

THE CHINA MAIL, MONDAY, AUGUST 20, 1934.

Commerce and Finance.

LOCAL SHARES.

TO-DAY'S QUOTATIONS. The following is the list of local share quotations issued to-day:

Banks.

H.K. Bank, $1726 b

H.K. Bank (London), £134 n Chartered Bank £15 n. Mercantile Bank, A. & B £91 n. Mercentile Bank C. 18% D. "Bank of East Asia, $84 n.

Am: 0. Finance Corp., Sh. $20 n. China 0. Fin. Ord., Sh. $4 a. China O. Fin. Pref. Sh. $6 n.

:

Insurances.

Canton Ins., $290 n. Union Ins., $540 b.

China Underwriters, $1.30 n. China Fire Ins., 3510 n. H.K. Fire Ins.,-$245 n.

Shipping.

Douglases, $40.65 n. H.K. Steamboats, $7 n. Indo-Chinas (Pref.), $30 n. Indo-Chinas (Def.), $83 n. Shell (Bearer), $46/10 Union Waterboats, $13% n.

Mining.

Antamoks, 60 cts. n. Balatos, $36% n.

Baguio Gold, 44 cta. n. Benguet consolidated $40 n. Benguet Exploration 19 cta. n. Benguet Goldfield, 20 cts. n. Big Wedge, 12 cts. n. Gold Creek, 2 n. Gold River. 24 cts. n. Ipo Mining $21⁄2 n. Itogons $5 n.

Kailan, 23/6 n.

LOCAL DOLLAR STEADY.

Silver Prices Advance.

MANCHESTER MARKET NEW DEACON IS

REPORT

Meagre Enquiry From China.

FIRM TONE GENERALLY

ORDAINED

Mr. C. B. R. Sargent of Diocesan Boys' School.

NEW ADVERTISEMENTS

KOWLOON GOLF CLUB

Nthat the Tenth Ordinary An-

TOTICE IS HEREBY GIVEN

By Order of the Committee, H. T. BUXTON,

MR. PETER MAK LAY READER nual General Meeting of Members will be held in the West Lounge, Manchester, July 18,

In the presence of a large con- European Y.M.C.A., Kowloon, on Further advances have taken place gregation at St. John's Cathedral WEDNESDAY, the 29th August, at this week in raw entton values, and yesterday morning, Mr. Christo 8 pm. the general tone of the market has pher Birdwell Roussel Sargent, The local dollar remains steady, been very firm. These rises have M.A. (Cantab), Headmaster of the opening on demand this morning at been attributed in the main to the Diocesan Boys' School, was ordia-i

continuance of dry weather in the ed Deacon, and Mr. Peter Mak, 1/6%.

Weat, together with other numerous graduate from the Union Theolo Spot and forward silver prices complaints of crap deterioration.gical Seminary at Pak Hok Tong, have advanced 1/16 and %, respec-The bullish tendency has further was licensed na a Diocesan Lay tively, closing prices on Saturday been stimulated by the sharp upturn Render, by the Bishop of Hong in wheat and other commodity The London on New York cross prices. rate, which closed at £-U.S.$5.09%

being 21%.

It is privately reported that it will

Kong (Right Rev. R. O. Hall).

Mr. Sargent, who is well known) for his talks over the ether, on classical music and also in the

on Friday, closed on Saturday at be difficult to prevent a short crop field of sport, became Headmaster £-U.S.$5.09%, while the New York) on London rate closed, at £-U.S.$5.- 0912, as compared with F-U.S.35.10% on Friday,

EXCHANGES.

TO-DAY'S QUOTATIONS.

On India--

On London-a

n.

On T.T. and demand 1/6% 4 months' aight ... 1/64 Credits 4 months'

sight

1/6%.

On New York--

On demand

B8%

Credits 60 days!

aight

39%

On Paris

On demand

577%

Credits 4 months'

sight

610

On T.T. and demand 100%

Do Shanghai-

On demand

109%

On Japan:-

On demand

1274

On Manila-

On demand

763⁄4

On Singapore--

On demand

644

On Batavia-

On demand

55%

On Saigon-

On demand....

57%

On Bangkok

1223% On: demandÀ.......... Bovereigna bank buy-

ing rate.... 1834

21% - Bar Silver per oz. ........ Bar Silver in Hong

Kong

.

Copper Cash

Copper Cents

Langkate (Single) Sh. #17 n. S'hai Exploration, Sh. 45 n. S'hal Loans, 861⁄2 n. Raubs, $18.10 n. Venx: Goldfield, $7 n. Docks, etc.

H.K. Wharves, $113 n. H.K. Docks, $141⁄4 b. Providents (old), $1.60 b. Providents (new), $50 cts. n. Hangkews, (old) Sh. $812 m. Hongkews, (new) Sh. $810 n. New Engineerings, Sh. $5-m. S'hal Docks, Sh. $117 a.

Cotton Mills.

Ewos Cottons, Sh. $10.90 b.

S'hal Cottons (old), Sh. $78%1⁄2 n.

S'hai Cottons (new), Sh. $48

Zoong Sings, Sh. 8111⁄2 n.

Wing On Textiles, Sh. $55 n.

Lands, Hotels, etc..

H. and S. Hotels, $5.40. b.

H.K. Lande, $53 sa.

S'hal Lands, Sh. $25 n.

AMERICAN EXPRESS COMPANY,|: Metropolitan Lands, Sh. $14 a.

ING.

· Road Office:-65, Broadway, New York-

Capital Surplus Reserves

$6,000,000.00 2,087,112.09 1,995,528.81

BRANCHES:--

Amsterdam

Antwerp

Перов Glazgaw

Albons

The Hague

Amed

Havana

Banke

Hamburg

Berila

Horre

Bomley

Breams Brusale Cairo

Canon Colgmbe Copenhagen Dublin Edinburgh Konte Carlo Florens Ganell

Haldsberg tulelaken

Witan Nice Hapise Piranus

Paris Popis Palermo

Jerusalem

Landow

Propel

Bha Bouthamptow

Interne

Lugano Luxor -Kersities

Tintilu

Baile

Kualch

Vienne Tanios Yokabana Zurich

On and after April 20th, 1984, the rate of Interest on Special Current Calcula Deposit will be at 1% p.a. on daily balance and the rate for balance over $10,000 will be quoted on application (Maximum rate-1%).

Hong Kong Branch

Y. OHNO,

Manager.

3, Des Voeux Road, Central

Montefuz

Branches of American Express Com pany in Principal cities of United States of America and Canada, .:

All classes of Commercial Banking

THE YOKOHAMA SPECIE BANK Transactions undertaken.

LIMITED.

Eatablished 1880

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

Personal Investment accounta handled

The Company offers to intending Yen.122,760,000 Travellers the use of its Travelets | Cheques". and Letters of Credit: and, in addition, the world-wide services

· Head Offre:--YOKOHAMA

Branches and Agencies at: Alexandria

Batavia

Berlin

Bombay Calcutta

Canton Fengtien (Mukden)

Dairen (Dalny)

Hamburg

Hankow

Harbin

Kong

Hainking

Karach!

Sobo

Nagasaki Nagoya New York Osaka

Part

Peiping

Rangoon

de Janeiro San Francisco

Seattle

Shangh Singapore Soerabays Sydney

[of its thoroughly equipped Travel De-

partment.

C. B. BENSON,

General Manager.

Skulellan A

THE SHANGHAI COMMERCIAL &SAVINGS BANK LIMITED.

(Incorporated in China):

Capital ald up $6,000,000.

Reserves

$7,000,000. London

Capital-Saving Dept. $500,000, Los Angeles

Reserva- Savings Dept.: $800,000.7 Manila

bygd Head Office-Shanghai - „A. Bank having as itë mission-the Interset allowed on Ozrent As Industrial development of Cala

and the fostering of her commer...

relations; abroad.

Moji

Deposits received for fixed,

si ratan to be obtained"bn"apí

O KISHIN

Hang Kon 11th A

Humphreys, $10.40 n.

H.K. Realties, $51⁄2 n.

Asia Realties "A", Sh. $140 n. Asla Realties "B" Sh.$20 n. Chinese Estates, $85 b. China Realties, Sh. $154 n. China Debenture. Sh. $187 n.

Public Utilities,

***O**

not.

1% pram.

Rate of Native Interest 3% pa. Chiffese Sub. Coin ....... 282% dia. Hong Kong Sub. Colo pár

Hon. Becretary. Hong Kong, 20th August, 1994.

WALLACE AGAINST

SHIPS' SUBSIDIES.

Internal Resource Concentration Urge.

SPECIAL TO CHINA MAIL. (By_Telegraph, Copyright, Telegra. phic Messages Ordinance, 1895, Re- coived August 20, 10.02am.)

New York, To-day.

of the Diocesan. Boys' School in Texas without immediate relief|

|1932, Bučceeding the Rev. W. T. and most favourable conditions for the balance of the season. Ideas of

Featherstone. He hopes to enter world consumption of American Priesthood early next year, cotton this season have also been

Mr. Mak is a young Chinese subjected to a downward revision Christian theological student. This and the opinion is now held in many summer he did so well that he wan Mr. Henry A. Wallace, Secretary quarters that the total will not ex- the prize for the best work done of Agriculture, has sent a letter to ceed 13,500,000 bales.

'during the year. Though he has the House of Merchant Marine. With the present strong position passed all his ordination examina-Committee asking if it is not pos

fair there has naturally been

tions, he still has to do two years)sible to concentrate on the exploita- volume of enquiry but the resultant of practical work before he can betion of internal resources, leaving business has not been large. In the ordained Deacon. Next month, he foreigners partly to carry on the majority of cases offers have proved is going to Limehow, where he will trade in which "our natural advant unworkable, and manufacturers have have a great field of work among ages are not as great as in other had to increase their quotations. the numerous Government School forms of production.” - Calcutta and Karachi have sent)

'students. Ho goes with the rank He is opposed to the economia cables for light bleaching clothe and

of

the Chinese feasibility of the ships' subsidies. Catechist in fancies whilst these styles have also Church.

-United Press, per 8. E. Levy and been in request for Amritsar.

Company.. Service Broadcast Shirtings For Shanghai

At yesterday's service, which The up-country outlets have made was broadcast, Mr. Sargent was bids for prints, sarries, and some presented for the Diaconate by the of the standard dyed valles and Rev. P. Jenkins, of Canton, examin- satteens. Madras has shown some ing Chaplain, while Mr. Mak was improvement, and although the turn-presented by Archdeacon 8. T. brokers, commenting on the market, New York, to-day-Chicago grain over has only been fair conditions Mok, also of Canton. generally are more satisfactory Eucharist was sung and many re-good prices of wheat, and state that Istáte that conditions justify the Only a meagre enquiry has been remained for the celebration of Holy it is believed that liquidation le now Iceived from the China markets.

ended-United Press, per S. E. Lovy, "

Communion.

Choral

GRAIN PRICES JUSTIFIED

Shanghai has booked a few. shirt- The Epistle was read by Arch-and Company.

deacon Mok and the Gospel by Mr. Sargent,

ings and fine styles whilst Rangoon has offered for coloured goods, Business with Egypt and the Near

An Inspiring sermon was East has been quiet and although preached by the Rev. L. L Nash,

the Dominions continue to send a fair enquiry for heavy drills and dress goods buying is in moderate; quantities:

A few printing cloths and colour ed goods have been placed for South America, whilst low offers have come to band from Weat Afrien for prints and from the Continent for plain Numerous small finishing cloths. orders for satteens, poplins, limbrles, casements and various plain fabrics were placed for Home Trade,

Chaplain of the Diocesan Boys' School. He spoke on the work of fa Minister and dealt with the Kingdom of God, the parson' and the layman, and the dispensing of the Spirit of Christ.

YELLOW RIVER DYKES.

~+4

120 Miles Completed In Chihli.

COMMUNISTS - MOVE TOWARDS SHENSI

to Chinese

!

Chengtu reports papers report that the Communists are making their way towards Shensi: They are, however, deter mined not to give up Wanyuan and.. are putting up an effectively strong resistence there against the Gove lernment forces.

CUBAN RECIPROCAL TREATY':

A

LOCAL NEWS BREVITIES According to a Tientsin report, Washington, to-day. President

Charged with obtaining $2 from

the new dykes of 120 miles along|Roosevelt, in discussing the Cuban- The P. and O. liner Mantua with the Yellow River In Chihli pro-reciprocal treaty yesterday stated. the Tung Hing Pawn Shop, No. 106 the English mails, is due here from vince have been completed and are that he hopes to act within Johnston Road, by false pretenses, Singapore at 3 p.m. on Wednesday. to be handed over to the charge of a week.-United Press, per S. E.

the_Chihli Provincial Government's Levy and Company, Lam Ming, a married woman, was

Rotarian. D. S. Hill will be the constructional department. dlacharged by Mr. E. W. Hamilton

It is believed that these dykes! H.K. Tramways, $21.10 b. $21.20 at the Central Magistracy this speaker at to-morrow's Rotary

Club tiffin. His subject will be will be sufficient to withstand the "The Development of Radio." pressure of the river and prevent

floods in the province this year.

sa.

Peak Trams (old), $15 n. Peak Trams (new), $7 ́n. Star Ferries, $1021⁄2 in. Yaumati Ferries, $21% n. C. Light (old), $8.80 m. -C. Light (new) $8.30 b. H.K. Electrics, $711⁄2 n. Macao Electrics, $25 n. Sandakan Lights, $8 n. Telephone (old) $24.20 n. Telephone (new) $11.80 n. China Buses Sh. $19.20 n. S'pore Tractions, 5/- n. Singapore Pref, 17/- b.

Industrials.

Malabon Sugars, $11 n. Cold: Macg. (ord), Sh. $21 n.. Cald: Macg. (Pref.), Sh.#191⁄4n. Canton-ices, $2.70 n. Cements, $2.65 n. H.K. Ropes, $4.60 n.

Stores, etc. Dairy Farms, $25.60 m. Watsons, $5.00 6.

Der: A Wings, $1 n."

Lane, Crawfords, $4,80 n.- Mackintoshs, $21 n. Staceres,, $10,.. Wm. Fowells, 70 cts, n. Wing On (H.K.) $108 p.

Miscellaneous.

morning.

For returning from banishment

The R. M. S. Empress of Asia without an authorised permit, Li Cheung, 26-year-old unemployed, left Yokohama last Saturday for Honolulu where she is due to ar was sentenced to nine months' im-rive next Saturday. She is due to prisonment by Mr. E. Wynne arrive at Vancouver on August Jones at the Kowloon Magistracy 131. this morning.

YOUNG BUDDHISTS GATHER

Is It Insured? ?

Insurance All Classes"

LOWEST RATES

Americas Asiatic Underwriters Fed Inc. USA. General Agents

With about 800-foreign delegates Wong Kan-wah, a tailor, was in attendance, the second general 22 AG Chan Teap Sing. a 25-year-old sentenced to three months hard conference of the

Pan-Pacific Head Office boat-man, was sentenced to six labour by Mr. Q. AA. Macfadyen Young Buddhist Association open-17, The Bund weeks' hard labour by Mr. E. 1.

at the Central Magistracy this led in Tokyo recently under the Wynne Jones at the Kowloon morning, for the theft of a pair of auspices of the Federation of

Shungbulag. Magistracy this morning, for steal-

trousers from a 13-year-old girl Young Buddhist Associations of six mu ing a gold watch, valued at $80, named Ham Shur. from Chau Ngan, his fellow boat-

man.

Personal Par

Pleading guilty to the charge of stealing bicycle in Shanghal The forthcoming wedding is Street on August 19, Tam Kim, a announced of Mr. Eric Stanley servant, Prison 84-year-old filter was sentenced to Francks, Civil

one month's hard labour by Mr. Mess. Lalchikok, to Miss Haude E. I. Wynne Jones at the Kowloon Carolina Braga, of 12. Knutsford Magistracy this morning. Sub-Terrace, Kowloon, and daughter of

Inspector Ritchie prosecuted.

་་་

the Hon, Mr. J F. Braga, unofficial member of the Legislative Council:

BAND CONCERT HELD IN ST. ANDREW'S CHURCH HALL

For stealing a purse which con- tained only three cents from Li Wah, a 25-year-old broker, Chau, Lee, a 25-year-old unlicensed hawker was sentenced to four month's hard labour by Mr. E. L Wynne Jones at the KowloonOwing to the wet weather, the Magistracy this morning.

band concert to be given by the Lincolnshire Regiment in the For stealing a radiator cap from private car No. 888, which was grounds of St. Andrew's Church

held

the Ch: Govt 6% 1925 GEBdparked in Gascoigne Road

August 16, Lau. Sing, a 26-

night Ang

H.K. Amusements, 34. Entertainments, $74 n 8.C. Enterprise, „$1.20 bg United Theatres, Sh. 82 n." Macan Greyhounds, 42 n Construction; (old), $1,80 n. Constructions (new), 78 cts.

78 cts, sa.

HK. Goyt 4-Loan 71⁄2 %% prem unemploye

premi

wasp

|150, Hand:

the

Japan.

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 BXCHANGE COMMODITY EXCHANGE ING. CHICAGO BOARD OF TRADE

CORRESPONDENTS FOR WHITE WELD & CO. NEW YORK

∙ICK HOUSE STREET, HONG KONG-

Tel: 801015

HK. Offce Asia Life Building Tel. 30234.

Salco