BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION,
Authorised Capital -
$30,000,000
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
ed and Fully Paid-up 10,000.00 Incorporated by Royal Charter, 1858.
Besora Juoda-
£3,000,000 $10,032,000
Becara Liebility of Proprimone $20,000,000
HEAD OFFICE, MONOXUSO,
BOARD OF DIRECTORS.
Hon. Mr. U..G. 8. Mackie
Chairman,
8. H. Dodwell, Esq.,
Deputy Chairm BIS,
Ban, Mr. W. H. Ball.
11. Compton, Eng
W. Keswick, Yag
6. C. Knight, Zaq.
ΜΟΥ
BANGKOK
BATAVIA BOMBAY CALCUTTA ULKTON CHEFOU
BOLOM DO
DAIREX
TOUCHOW HALPUONO HAMBURG ILANKOW
HARBIN
HOMOLEW
110110
2013
JONDED
LODE
KOWLOON
U. kliskin, Eng.
K, 2. Morrison, Exq,
T. E. Force, Kay.
V. H. Orayburn. Eng.
Chief Manager.
BRANCHES :-
LONDON LYONS MALACCA
MASILA
BLUAR Jobora)
31 UE PER
NEW YOUR
PEIPING
PENANG RANUDON
DAIGON
SAN FRANCISCO
KUALA LUMPUR
SHANGHAL
SINGAPORE
ZATUBANAYA.
SUNOEL PATAMI
HIENTHIN
JOKYO
TSINGTAO
YOKOHAMA
Current Accounts opened In Lace Currency sad Pised epity received for now your or shorter perioda in Loes Company and Sterling e larms which will be quoted on applicaties. Hong Kong, th April, 1984.
HONG KONG SAVINGS BANK.
The Business of Sus abore Bank in conduct. the HONG KONG AND SHANGHAI BANKING CORIURATION. Kule may obtained on application.
PO THE HONG KONG AND SHANGTIAL BANKING CORPORATION
V. M. DRAYBURN,
Chia Manager.
Hong Kong, 25th Fabrumey, 1984,
THE BANK OF EAST ASIA, LTD.
anthorized Capital
d-up Capil
7 and individed Prata
$2,484,000,00
HEAD OFFICE:-[loka kʊxU
1, Des To Bond Contral
BOARD OF DIRECTORS :--
Bir shoun Chow, Chadzman,
Loon Chan, E.. F. E. Kok, Exa.. Wong
In Tour. Esq., Chas Cbing Stak, Eng,,
Li Lan
HEAD OFFICE: LONDON
Paid-up Capital
Reserve Fund
.£3,000,000 .£3,000,000
Reserve Liability of Pro-
pristore
.£3,000,000
Agencies and Branches:
Aloe Bar
Hon
Amritsar
Ipoh
farroug Babran
Bengkok
Karachi
Belavia
Riaba
Bouber
Babe
Klingl
Calcut
Kalp
Hingapore
CALE
Lumpur
Mislaman
Cawnpore
Kuching
Squraiya
Ibu
"Áfadzma]
Taiping
Calomba
Staalia
Iirotain
Doftl
Sudan
Tongkah
Halphany
New York
(Thuker!
Hambu
Triplus
Talasto
Hankow
(Fe) Toni
Yokohama
Zbog
Harbin
Hong Kont
trataciod.
Remarang Beremban
Forsign Fachange and Sentral Banking bedlams Cerceps Accounts opened sad Plied Depseite I received for ana jest or shorter perioda at malat
which will do quoted an application.
THE CHINA `MAIL THURSDAY, ŠEPTEMBER 20, 1934,
and
WALL STREET
WAR LOAN AGAIN -
HIGH RECORD
IMPROVES Safe Investment Feature
Commerce SENTIMENT
Finance
LOCAL DOLLAR ADVANCES
Silver Prices Advance
.
The local dollar has advanced opening on demand at 1/6% this morning.
Spot and forward silver have ad- vanced 1/16, closing prices yester- (day being 20 13/16 and 20%, res-
pectively.
The London on New York cross- rate, which closed on Tuesday at -U.S.$5.00%1⁄2, closed yesterday at £-U.S.$5.003⁄4%%, while the New York Landon rate closed at -U.S.$5.00, as compared with Acting Manager-U.S.35.01 on Tuesday. Hong Kong, 20th February, 1984.
W. H. É THOMAS,
THE BANK OF CANTON, LTD.]
Established 1912.
Head Office: Hong Kong.
Authorised Capital
Paid-up Capital
Total Resources
$11,000,000 8,655,000 $2,170,492
Branches: Canton, Toishan, Shanghai, Hankow, Bangkok & San Francisco.
on
NEW YORK STOCK EXCHANGE
S. E. Levy And Co. And A.O.F.C. Quotations ·
The following quotations from New York have been received by Messrs.
London Bankers: Lloyds Bank, Ltd., S.-E. Levy and the American Oriental
Foreign Exchange and Banking Finance Corporation, business of every discription trans- acted.
Current Accounts opened and Fixed NY/London Deposits received for year or Cotton Dec.
Mar.
one
shorter periods at rates which will be quoted on application.
Safe Deposit Boxes (various sizes) for hire.
LOOK POONG SHAN,
SAFETY FIRST!
LOCAL SHARES.
TO-DAY'S QUOTATIONS.
The following is the list of local Įshare quotations issued to-day:
Banks.
H.K. Bank 1725 n. H.K. Bank (London), £1351⁄4 n. Chartered Bank $153⁄4 n. Mercantile Bank, A. & B. £80 Mercantile Bank C. £13, Bank of East Asia, 90 b. Am: 0. Finance Corp., Sh. $20 China.O. Fín. Ord., Sh. $4 ¤. China O. Fin. Pref. Sh. $5 m.
Insurances. Canton Ins, $290 n. Union Ins., 3536 b. China Underwriter, $1.15 n. China Fire Ins.. $510 n. H.K. Fire Ins., 5240 sa. International Assce. Sh. $6 n.
Shipping.
Douglases, $40% b. H.K. Steamboats, $7 n. Indo-Chinas (Pref.), $30 n. Indo-Chinas (Def.), $58 m. Shell (Bearer), 47/6 n. Union Waterboats, $13% n.
Mining.
Antamoks, 64 cts. b.
DUE TO AUTUMN. RECOVERY
British Stock Market
London, To-day.
The persistent strength of Dri«
•
NEW ADVERTISEMENTS
- PUBLIC AUCTION.
BOND MARKET STRONGER tish Government stocks is attribut
acourt, to some buying on foreign PARTICULARS & CONDITIONS New York, To-day.
account, but mainly to the continu- of the Sale by Public Auction ed glut of money seeking; safe into be held on 'MONDAY, the 24th Sentiment on Wall Street has investment was again a' feature of day of September, 1984, at 8 p.m. at proved · slightly, due to belated the stock markets...
the Offices of the Public Works De War loan 31⁄2 per cent.. were partment, by Order of His Excellency, signs of Antumn business recovery finally quoted at the record quota the Governor of one Lot of Crown Favourable factors yesterday tion of 105. Stoke on Trent City Land near Stubbs Road In the Co- were: (1) A stronger United States Council yesterday approved the lony of Hong Kong for a term of 75 a. Government bonds market (2) Steel lasue, at par, of £1,500,000 of cor-years, with the option of renewal poration 8% per cent. redeemable at a Crown Rent to be fixed by production in the Pittsburgh aren
stock in 1955. — British Wireless the Surveyor of His Majesty the reported at 14 per cent,, against & Service.
n..
Benguet Consolidated 421⁄2 cts. b. Benguet Exploration 18 eta. b.
Benguet Goldfield, 20 ets. n.
Last
Close Opening Noun 5.00% 500 1285 1281 1270
500%
1294
1288
1285
Balatocs, $37 n. Baguio Gold, 47 b
Silk Dec. Rubber Dec.
113
112
1643
1536
Mar.....
1585
1576
Chial Manager.
C. Wheat Dec,
May
104
103
104%
103%
Big Wedge, 12 cts. n.
C. Corn Dec... 77%
May
70%
79
784
Gold Creek, $2 B.
W. Wheat May 87
87%
Gold Rivers, 224 cts. b.
STOCKS-
Ipo Mining $21⁄2 n.
Deposit them in a Vault
Amer Smelt.. Auburn
334
33
334
Itogone $5 n.
22
24
[Con Gas NY
25% 26
26%
Du Puni
847% N5
8012
Langkats (Single) 9h. #171⁄2 n..
El Bo & Sh.
#1 9/2
94
Gen. Motors 27%
27%
In Tel and Tel 84
ON
04
Rauba $12.80 ex div. b.
.... 20%
267
27
45%
46%
Venz; Goldfield, 5 n.
234
24
18%
10
19%
19%
20%
41
42
42%
112 11
11%
91444
To Safeguard Your Valuables and Jewelleries.
that is really:
FIRE PROOF
BURGLAR-PROOF
DAMP PROOF!
Lang, Erg, Wong Chu Babe, Bay, and a TOUR SAFE DEPOSIT VAULT's Inc.
PM
Kan Tongo, Exp. Clint Manager,
Елі для Рок Ела. Моладат.
DRANCHES AND AGENCIES:--
Karila
Melbourne
may
Bombay
Nagasaki
Celestia Canton
New York
Duks
Flaiphong
J'aria
Подко
Poiping
Honolulu
Kobe
Kangoog
Kowloo Lende
Ssigua
Ena Francisco
Seattle
Semarang
Shangha
Blogspor
hourabaya Вид
Bydney
Tathoku Tlaptio Tokyo
Vancouver Tokokame
Every descriptios of Banking and Exchange saacted. Los precited on approved
uitine
Current Accounts opzed it Local "Currenc and Fixed Deposite received for dow Juar aborter periode in Local and Foreign Carmacies wa basin watch will be quoted on myplication,
Bal Depil Jozes To Let
KAN TONG PO,
Hong Kong. It March, 1951.
Chial Manager.
THE BANK OF TAIWAN, LTD.
Head Office: Talhoka, Fermosa, Incorporated in Japan by Special Imperial Charter, 1899.
Central Bank of Formosa, Noten
issued Average amount Y.45,000,000
Branchen and Agencies, Japan:-Kobe, Osaka, Tokyo, Yoko
hama, Keelung, Makong, Nanto, Shoka, 8inchiku, Taichu, Tainan, Taito, Takao, Tarsul, Toen. China: Amoy, Canton, Foochow, Han-
kow, Shanghal, Swatow. Others: Bombay, Hong Kong, London, New York, Singapore, Batavia, Samarang, Soerabaya, Dairen.
On and after April 20th, 1984, the zate of Interest on Special Current Deposit will be at 1% p.a. un dally: balance and the rate for balance over! $10,000 will be quoted an application (Maximum rate-14%).
Y. OENO,
Manager.
Hong Kong Branch
8, Des Voeux Road, Central.
¡McIntyre located on the Mezzanine Floor of Mont Ward Our Now building is Specially Con-Nat Distill stracted to provide all of these ImNY Central portant Qualities,
Stan Oil NJ
You may obtain a Safe Deposit un Aircraft Bex in this most up-to-date Vanit for U.S. Steel..... 30% your own use at a very moderate Ren
tal
Inspection Cordially Invited.
(Continued on Page 9)
Kailan 25/- n..
S'hai Exploration, Sh. $5 m.
S'hai Loans, $61⁄2 n.
Docks, etc.
H.K. Wharves, $108 b., 110 s... II.K. Docks, $14% n. Providents (old), $11⁄2 n.' Providents (new); $50 cts. n. Hongkews, (old) Sh› $3091⁄2 n. Hongkews, new); Sh
THE NATIONAL COMMERCIAL LATEST QUOTATIONS Now Engineerings. Sh. $44.
& SAVINGS BANK, LTD. Corner of Lee House Street and Des Voeux Road, Central.
THE AMERICAN EXPRESS COMPANY, INC.
Head Office: 65, Broadway, New York
Capital Surplus
Reserves
BRANCHES:-
Hilma
Nico
Napl
Перов
• Burgo
The tiague
Piraeus
The following quotations have been received by Mesara. S. E. Lavy and Co, and the A.O.F.C.
New York. Yesterday.
Sept. 18 Sept. 19
New York Cotton:
September December
Closing Closing 12.74 12.59 12.85 12.71 12.86 12.74
15.25 15.00 15.48 15.25 15.67 15.38 15.85 15.65 16.08 15.87 16.35 10.11
S'hai Docks, Sh. $118 n.
Cotton Mills. Ewo Cottons, Sh. $10.90 n. S'hai Cottons (old), Sh. $75. n. S'hai Cottons (new), Sh. $44 n. Zoong Sings, Sh. §111⁄2 m. Wing On -Textiles, Shi $56 n.
Lands. Hotels, etc.
H. and S. Hotela, $5.40 b. H.K. Landa, $50 b. S'hai Lands. Sh. $27 n. Metropolitan Lands, Sh. $14 m. Humphreys, $10
H.K. Realties, $4.60 b. Asia Realties "A", Sh. $140 n. Asia Realties "B" Sh.$20 n. Chinese Estates, $90 b. China Realties. Sh. $15 n. China Debenture. Sh. $187 n.
Public Utilities,
HK. Tramways, $201⁄4 b., $20.40
Peak Trams (old), $15 s. Peak Trams (new), $7 n. Star Ferries, $98 n.
October December
January
March
12.94 12.81
U.S.$6,000,000.00
May
12.97 12.86
2,087,112.00 1,095,598.81
July
13.04 12.90
Spot
12.95 12.80
New York Rubber:
October
Amsterdam Antwerp Atbane Ausia Bende Ilerlis Bembay Bremati Fiz
December
Havala
January
Hamburg
March
Calco
Barry Heidelberg Interlaken Ferunalara Loude
Calcutta
Iverpool
Pripto PALITI Rotterdam B.t Shings Southampton
May
July Chicago Wheat:
ដកដង
Luceram
L'olombe
Luguo
Соралара Bablo
Likor
Maroon
Slot Carto
Stanila
Suaich
Singapor Tientall Taormina Visan Venton Yokohama Zurich
104 103
104 103%
May
104% 103%
. Yaumati Ferries, $21 a.
Chicago Corn:
September
77%
76%
December
77%
76%
May
79
78%
Winnipeg Wheat:
October
824
82
December May
894 87
834
87%
New York Sugar:
October
1.90
1.92
March
1.98
May
1.96
1.94 1.97
1.19. 1.14
1.14
Edinburgh Firence Дебата
Montrea
Branches of American Express Com pany in Principal cities of United States of America and Canada.
All classes of Commercial Banking Transactions undertaken.
THE YOKOHAMA SPECIE BANK, Perrona investment accounts
LIMITED.
Established 1880
handled.
The Company offers to intending New York Sük: Travellers the use of its Travelers December Cheques and Letters of Credit and,
Capital (fully paid-up) Yen.100,000,000 in addition, the world-wide services Yen.124,250,000 of its thoroughly equipped Travel De-
partment
Reserve Fund..................
Head Once-YOKOHAMA
Branches and Agencies at:"
Alexandria
Batavia
Nagasaki Nagoya
Berlin
York Osaka
Canton
Dairen (Dalny)
Pelping Rangoon
Bombay
Calcutta
Hankow
Harbin
Paris
(Mukden) Rio de Janeiro
Hong Kong
Honolulu Hsinking
Karachi
Koba
London
Los Angelin
Manila
Mojt
San Francisco
Seattle
Semarang Shanghal Bingapore
Soerabaya
Tokyo
Tientaln
Tsingtan Yingkow Interact allowed on current Ac-
Deposita received for Axed perioda
C. H.. BENSON,
General Manager.
THE WING ON BANK, LTD, BONG KONG
Authorised Capital $10,000,000
تصب
February April
1.14% 1.14 1.15
TRADING IN SILVER
FUTURES WANTED BA
New York. To-day-Members of the Commodity Exchange are circulating a petition urging the re-opening of the silver futures market United Press, per S E. Levy and Company.
Foreign Exchange and Banking|||THE SHANGHAI COMMERCIAL Business of every description trausset
led,
Current Accounts opened, and Fixed Deposits received for one year or shor- ter period at rates which will be quot- ed on application,
Safe Deposit Boxes (various sizes) for hire,
PHILIP GOCKCHIN Chief Manager
20 rates to be obtained on application LGOCKCHIN
U KISHINAMI
Manager.
Hong Kong, 11th September, 1984,
Ansistant-Manager
·LI'SHU FONG: Assistant Manager.
& SAVINGS BANK LIMITED. (Incorporated in Claina) Capital paid up ... Reserves. Capital Savings Dept. Reserve Savings Dept. - $600,000.
Head Olés---Shuurhal
0,000, 000.
A Bank having as its mission, the industrial ›development; of; China and the fostering of her comUINET cialrelations@abronić
Hong Kong offering. Its Hole Bij SZ Phone 31681-2-3
C. Lights (old), $8.60 b. C. Lights (new), $8.20 b. H.K. Electrics, $703⁄4 b.. 371% Macao Electrics, $25 a. Jandakan Lights, $8 s. Telephone (old), $28.90 b. Telephone (new), $11.10 b. China, Buses Sh. 13,20 n. Singapore Tractions, 4/101⁄2 b. Singapore Pref. 17/9 b.
Industrials..
Malabon Sugars, $99.
Cold: Macg. (ord.), Sh. $21 n.. Cold: Macg. (Prof.), Sh. $20 n. Canton Icas, $2.70 n. Cements, $2% 8. H.K. Ropes, $31⁄2 n.
Stores, etc. Dairy Farms, $24 b Watsons, $5.60: n. ' Dar. A. Wings, $1-n. Lane, Crawfords, $4.15 2. Mackintoshs, $21 n. Sinceres, $10 m. Wm. Powells; 70 ctx. n. Wing On (EE) $110 n.
de Miscellaneous," H.K. Amusements,. $4 n. Entertainments, $7% mi 8.C. Enterprises, $1.80 n. United Theatres, Sh. 311⁄2 n. Macao "Greyhounds,” $3 n. Constructions (old); +$1.80 m. Constructions (new), 78 ets.b.
per cent. two weeks ago, marking
the first substantial gain since early June.
Latest Quotations
The following quotations have been received through Messrs. S. E An unfavourable factor was that Levy and Company and the Ameri Oriental Finance Corpora- the Iron Age" said that steel or-can ders were mostly replacement' pur|
New York, Yesterday. chases and not indicating any sub-
Last To-day's stantial increase in demand.-N.Y./London Cross-Rate 5.00% 5.00%
close close
tion:
United Press, per S. E.. Levy and N.Y, Cotton-Dec...... 12.85 12.71
N.Y. Rubber-Dee, Company.
Chic, Wheat-Dec.
S. E. Levy And Company's Report Chic. Corn-Dec.
In their market report. Mesars
S. E. Levy and Company, corres-130 Industrials.. 87.37 89.84 1.97 up
20 Rails pondents for Measts. White. Weld 20 Utilities
40 Bonds
King, for one further term of 75 years.
串
PARTICULARS OF THE LOT.
No. of Bala
Begistry Ko.
Locality.
*
Blabbe Road.
Boundary Measurements.
N. 15 EJ W.
fte
thth
About
EVIDOET JANTUN
➡| Upset Price,
Az | per sale'plan, 16,950 [194]||
15.46. 15.25
1044 103%
273% 76%
Silver-Official
49***
404
(Dow Jones Avg.)
33,23 34.27 1.04 up
18,80 19.26 0.48 up.
90.31 90.82 0.51 up
11 Commodity
Index 01:34 0.96 0.38 off 18 Leading Stockn.
Amer Can
97%
PUBLIC AUCTION.
34
111%
and Company, New York state:
"Stocks: There was no funda. mental change in the news, but a somewhat better feeling was evi-Amer Smelt and Ref dent in relation to the Stock ExAmer Tel and Tel
Auburg change. No leading trading stocks J.I. Case Du Pont have failed to apply for registra Elec Bond and Share tion and the co-operative attitude General Motors shown by the Stock Exchange to-Int Tel and Tel
Security
Exchange Mclatyre wards the Commission was also a factor in Montgomery Ward
Nat Distillers the modest upturn to-day, The NY. Central market showed little increase In Socany-Vacuum the volume of trading. We would Union Pacific
United Aircraft he inclined to accept trading pro- U.S. Steel .... fits on further strength. Business West E. and M. done:-660,000 shares.
Business done:-500,000 shares.
gone
23
404
ARTICULARS & CONDITIONS
88% to be held on MONDAY, the 9% 24th day of September 1934, at 2814 3 p.m., at the Offices of the 9% Public Works Department, by 40%
Order of His. Excellency, the Gov- 19ernor of one Lot of Crown Land 20% near Stubbs Road in the Colony of 14% Hong Kong, for a term of 75 years,
Everything
. BUT YOUR
24
99
1214
31%
with the option of renewal af a Crown Rent to be fixed by the Sur-
30% veyor of His Majesty the King, for
"Bonds: United States Govern- XXXXXXXX ment and high-grade issues were better, but failed to show a heal-
tone thy
Second-grade bonds were also higher.
"Wheat:-The weakness of the Liverpool market is discouraging| grain buyers here, but cash pra miums continue high. A better} milling demand is developing. Tuesday's sales: 16,626,000 bus-; (hels; Corn:-7,921,0,0 bushels,
"Cotton:-The approach of the October delivery day and heavy hedge sales are making the main- tenance of rallies temporarily dif ficult It is reported that about 70 per cent of mill operators have returned to work
"Rubber:-Nervous
speculators
are liquidating, but the Trade was Any buying on the scale-down. further easiness should rather strengthen restrictions. Business done:-816 lots.
"Flash: Electric Bond & Share has declared a dividend of $1.50 on 6 per cent Preferred shares, payable on November 1 on stock jon record as of October 5."-Reu- | 7 Iter.
Night Telegrams-
The following telegrams through| Reuter were received by Mesars. S. E. Levy & Co. last night:-
The undertone of the stocks
8. market is firm, with gains mostly confined to minor fractions, but Allied Chemical and Continenta} and Continental" Can issues ad- vanced one point. Trading is dull, but a moderate rally at least, on technical grounds, seems to be indicated.
Daily average petroleum pr duction was, 2,488,000 barrels, as compared with 2,404,000 barrela the previous week.
The Edison Electric Institute. reports electricity - production for the week ended September 15th at 1,634,000,00 K. W. hours, against 1,565,000,000 K. W. hours the pre- vious week, but a decrease of 1.8 per cent over last year.
.....
"The" "Iron Age" reports steel production at 21 per cent. of ca- pacity, compared with 19 per cent. the previous week. Miscellaneous orders, both for steel and for pig- iron, have Increased moderately, but this reflects the growth of re placement purchases rather than a broad Autumn upturn, in the absence of which Government- financed construction: work looms larger as a sustaining market force. Scrap prices, in spite of an ex- Ch. Govt 6% 1925 G$Bds-panding export demand, have. de
37%
clined from $9.87 to 39.58 per H.K Govt 4% Loan 8%% prem.ton, which is the new
low level for the yearTIO Gort 88% Loan 83⁄41⁄2 -- Favourable factors" prior to the
opening of the market wärESA! Wallace Harpers, $7 m
SAVINGS
RENT
FOOD
CLOTHING
HEAT
TAXES
WATER
CHITS
SAVINGS
SAVE SOMETHING
START NOW UNDERWRITERS SAVINGS
FOR THE FAR EAST, ⠀
INC.
Azle Life Building,
公
Hong Kong.
Tel. 80284.
one further term of 75 years.
PARTICULARS OF THE LOT.
Near Bura, Bulldlas
No. of Bale
Registry No.
Locality.
Boundary Measurements
2.
+
1 ft. 6. ft. about
male plan.) 91,000 | 130
HONGKONG AND SHANGHAI INTERPORT POLO DINNER
above Dinner will be held.
Tat 8:15 pm. OF SATURDAY,
September 29th, at the Gloucester Building. Will members of The- Hongkong Polo Club intending to. be present kindly notify Captain J L. Jordan of Murray Barracks at an early date.
Is It Insured?
Insurance All-Classes LOWEST RATES American Asintic Underwriters Fed. Ino, USA.
General Agenta -
Head Office
17, The Bund, Shanghai.
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 ICH HOUSE STREET, HONG KONG,
and 80103
H.K. Office Axia -Life
Building
Tel. 30236/
Tel Address: Selco:
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