BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Amikorized Capital
50,000,000
Home and Filly Pald-up at 20,000,000 Monpera Fundac
Boring TAYLOR
томцевитранти виде на
£4,500,000 $6,000,00
Bessere Lability of Proprietors$20,000.000
HEAD OFFICE: HONOKONO.
BOARD OF DIRECTORM,
lion. Mr. C. 8. 6. Mackie
Chales,
8. EL. Dodwell, G. Deputy Chairman,
Hon. Mr. W, 11. Ball. ALI. Compton, Y. WJ. Kmwich, Eng.
G. Knight, Esq.
AMOT BANG RUS
BATAYIA
BOKBAY
CALCUTTA
UANTON CHEFOO COLOMBO
DALREN
FOOGHOW
HALPHOXO
HAMBURG
KANKUW
HARHIN
HUNGREW
ILOILO
XPOZ
Кове
KOWLOON
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHIŇA,
Incorporated by Royal Charter, 1358.
HEAD OFFICE: LONDON
Amritsar
Pald-up Capital.
Reserve Fund
£3,000,000 ..23,000,000
Reserve Liability of Pro-
prietora
£8,000,000
Agencies and Branches:
Alor Star
fictio
Ilangoon
Ipol
Balgon
Bangkok
Karachi
Femarang
G. Mikan. Eq.
E. 9. Martisod, Pag.
Bateria Transbay
Klang
Buremban
Kobe
magbai
Celbuite
Eusta
Eisspors
Canton
Lurepar
Cebu
Kuching Sadra
1 Colab
Bourabaya Talping Tisalai
Delhi
Biodan
Toughsh
New York
Paiping
(Bhaker) Telagtas
(Peking)
Tokohama
Tabang
T. E. Pere, Eng.
7. M. Graybare, Reg. Call Maniger.
BRANCHES —
LUNDON LYUNS
MALACCA
MANILA
LUAR Jhore)
MURDER
NEW YORK
PEPING
PENANO BANUDUN
BAION
MAN PRANCISCO
KUALA LUMPUR
BIANCHAL
SIYGAPORE
SURABAYA
GINGET PATANI
TIENTYLN
TUXYO
THINGTAO
YOKOHAMA
Curmal counts opened in, Lol Curray
and Fixed Deposite recadad fix one or
plodes its Local Camper and terme.which will be quoted on application. Hong Hosp. 18th April, 1834.
HONG KONG SAVINGS BANK.
The Bulmer of the ubora Bank is conduct.
by the HONG KONG AND SHASQUAL BANGING CORPORATION, Etule co be abiained on application.
FOR THE HONG KONG AND SHANGHAI UANHING CORPORATION.
V.. GRATHURN,
Chềat Manager"
Bong Brag. 28th February, 1994.
THE BANK OF EAST ASIA, LTD.
Authorised Capital ........................ Pal-up Capul
****......... -- ♣ 10,209,400,00
..$3,590,500,
Beserta kal Undivided Prodie,,000,0
HEAD OFFICE: HONG KONG
11 Des Vorax Road Central.
RARD OF DIRECTORS.-
Bir Shou-non Chow, Chairma
14 Koon Chan, Bog. P. L. Zwok, Esq., Hong
Ima
Bang, Ely,
1
Wong Chu Bos, Esq. and Kan Xias Chen Cling Shak, Eng., Id kan
Zas Tong Po, Evy.. Ciel Manager
Li The Fong, Esq., Nauagat.
BRANCHES AND AGENCIES-
عطوبة
Aunog
Hallo
Selbourne
Sobey
Nagwall
Caloutte Osakon Paphos
Hot Lat
Paris
Haakon
Paiping
Elomotulu
Pezsg
Rangoon
Kowloon
Salgon
Tint clo
Вежли Bang Štampare bourbars Sepłow bydney Tallaku Ilmaisia Toky
Loadoa
San Fra
VIDIOETHE Yokohama
Cawsport
Haiphong Humburg
Bankow
Harble
| Host Korf
Leary deciples of Dacking and Exchange transacted. Low grailed on appeared |
souri Une.
Current Accounts oped in Local O
d Fixed Deposits red for you Morter pedoda la Local and Foreign Currsacim
arm which will be queied application. Sale Depoel Dexas To AN TONG PO.
Bong Rang 1 Starch, 1984.
Chief Mag.
THE BANK OF TAIWAN, LTD. Head Office:-Talioku, Formos8, Incorporated in Japan by Special Imperial Charter, 1899. Central Bank of Formosa, Noter
issued Average amount Y45,000,000
Brunches and Agencias. Japan:--Kobe, Osaka, Tokyo, Toko- hama, Keelung, Makong, Nanto, Shoka, Shinchiku, Taichu, Tainan, Taito, Takao, Tamivi, Toen, Karenko, Kagi, Heito, Giran.
Zamboangs
| Foreign Exchange sod Grutal Banking boulasse transacted.
Current, asetusta opened and Fixed Depoelta
| received for ona post 'ar shorter perioda al mio
which will be qħoled na, appliosilon,
W. H. E. THOMAS,
Acting Manager. Hong Kong, 20th February, 1934.
է.
THE CHINA MAIL," THURSDAY, OCTOBER 4,† 1934 `
and
Commerce
Finance...
RAW RUBBER PRICES
Latest Quotations From Singapore
TIN AND RUBBER SHARES
Biesers. H. B. Joseph & Co., lo- cal stock and share brokers, have just received
following the Straits Currency quotations (Buy- fers) from Singapore for Raw
Rubber,
Jan./Mar.:-25% down % (%). April/June: 20% down 34
(0)
Market:Uncertain
TIN AND RUBBER
The following quotations were received from Singapore, dated. September 28, on Tin & Rubber
In (prices
- Straits
THE BANK OF CANTON, LTD. shares
Established 1912.
Head Office: Hong Kong.
Authorised Capital ... Paid-up Capital Total Resources
$11,000,000
8,855,000 82,170,492]
Branches: Canton, Tolahan, 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 Deposita received for one Year Or shorter periods at rates which will be quoted on application,
China-Amdy, Canton, Fonchow, Han-|
kow, Shanghai, Swatow. Others:-Bombay, Hong Kong, London, Singapore, Batavia, New York, Samarang, Boerabaya, Dairen. On and after April 20th, 1954, the rate of Interest on Special Current Deposit will be at 14% p.a. on daily balance and the rats for balance over: $10,000 will be quoted on application (Maximum rate-1%),
Y. OHNO,
Manager.
3, Des Voeux Road, Central,
Hong Kong Branch
Safe Deposit Boxes (various sizes) for hire.
LOOI POONG SHAN,
Chief Manage.
I
SAFETY FIRST !
To Safeguard Your Valuables and Jewelleries.
Deposit them in a Vault
that is really: FIRE-PROOF BURGLAR - PROOF DAMP PROOF 1
OUR SAFE DEPOSIT VAULT located on the Mezzanine Floor of Our New building in 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 Ean.
Inspection Cordially Invited. THE NATIONAL COMMERCIAL! & 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 ...... ...8.$6,000,000.00 Surplus .....
9,087,112.50 1,995,528.31
Palpia Увісте Breisdam Betu Shangha Soothe
A
BRANCHES
Amalentin
Milan
Antwor Ulasgow
Nice
Uro
Naples
Jus Bonhe
Berlin
Bombay
Bremen
Brussels
Bevans Henbury Hayre Heidelberg Interlaken Jeruzalem
Pineda
Paris
Cairo
London
Galenita
Liverpo
Can
Lubert
Lugano
Duzor KoraciUm
Manila.
Munich Montrout
Colourbe Copenhagen. Edinburgh Male Curle
Shabla
Florence Genera
Singapor Tientibu
Taormina Умала
Varios
Taroksave Zaurla
Currency):
Mining
Kintas $2.52% Ex. Dix. b. $2.
57% Ex. Div. s.
Kuchais: $1.04 b., $1.07 8. Kampong 35/9 b. Linguis $1.20 b.
Lukuta $1.01 b.. $1,05 s. Sungel Luas $1.30 b., 81.35 5. T. Harbours $5.75 b.. $6.00 8. Takuapaa $22/- b. Rahmans $1.17 b.
Rubbers
Alor Gajah $1.60 b.
Ayer Panas $1.871⁄2.b., $1.921⁄2 s. Ayer Moleks $1.25 b.:
Bassetts 80 cts., b., 85 cts. 9. · Bukit Katils 81 cts. ́b., 86'cta. "a. Brogas $1.021⁄2 b. $1.08 a. Brunei United -$5.25 b. Bukit K. B. 40 cts. b. Changkat Serdang $5.75 b. Glenealya $2.271⁄2 b., $2.35 5. Indragiris $1.371⁄2 b., $1,42% 8. Kempas $3.20 b.
Kuala Sidims $2.45b., $2.55 8. Kluangs $6.00 b., $6.25 s. Mentakaba 49 cts. b., 44% cts. 8. Mandai Tekong 30 ets. b., 38
cta, s. Malaka Pindas $1.70 b.. $1.75 . New Scudals $1.87%
b... $1.- 921⁄2 3.
Nyalas $1.35 b., $1.40 . Pajama $2.30 b., 82.87% 8. Punggors 421⁄2 cts. b., 45 cts. s, Sungei Tukangs $1.20 b., $1.25
B
Telok Ansons $1.40 b Tapaha $2.30 b. $2.87% 8. Tambalaks 971⁄2 b., $1.00 s, United Malaccas $1.871⁄2 b..
$1.90 a Ulu Pandan $1.35 b.. Ulu Benuts 59 cts. b.-60% cts.
8.
Raub Australian
Gold Mining
Co., Ltd.
Buyers Str. $8.65. Sellers St. $8.90.
Overses Banking.—
· Buyers Str. $30.00. Sellers Str. $80.50.
RUBBER SHARES
Latest Quotations From Singapore
Messra, Carroll Bros have just received the following quotations of Singapore Rubber Shares ́dated; Branches of American Express Com-September 27. (Prices in Straits pany in Principal cities of United States of America and Canada,
All classes of Commercial Banking Transactions undertaken.
Personal Investment socomita
THE YOKOHAMA SPECIE BANK handled
LIMITED.
· Extablished 1880
Capital (fully paid-up) Yen.100,000,000
The Company offers to intending Travellers the use of its "Travelerm Chequi” and Letters of Credit and, in addition, the world-wide services
Reserve Fund Yen.124,250,000 Its theroughly equipped Travel De
Head Office: YOKOHAMA
Branches and Agencies at: Alexandria
Batavia
Berlin
Calcutta
Bombay
Canton
Nagasaki Niroy New York Osaka Paris Pelping
Dairen (Dalny) Rangoon Fengtan (Mukden) Rio de Jandro Hamburg
"San". Framel:00 Hankow
Seattle? Semarang
Harbin
Hong Koar
Honolula Hainking
Karachi
Kobe
London
hanghai: Singapore Soerabaya Bydney: Tientsin
partment
0. E. BENSON,
General Manager.
THE WING ON BANK, LTD. HONG KONG
Authorised Capital $10,000,000
Foreign Exchange and Ban) Business of every description transact-
Current Accounts opened and Fixed Deposits received for one year of thors for period at rates which will be goo? ed on application
Safe Deposit Boxes for hire,
PHILIP GOCKCHIN
Currency); -
Allenby $1.95 b, $2.00 CD. 8. Ayer Hitam $2.35 b., $2.55 s. Ayer Molek $1.25 b., $1.35 8. Ayer Panas $1.90 b., $2.00 x.
· Broga. $1.04 b., $1,08 ta. Par Changkat Serdang, $5.85 a., $6.40
B
Glenealy $2.25 b., $2.40. s. Haytor $1.55 b., $1.65 я. Jimah $1.85 b, $1.95 s. Kedah $3.10 b., $2.36 5.
Kempas $8.10 b, $3,80 8. Lunas $2.25 b $2.40 5.7 New Soudal $1.90 b., $2.00 n Pajam $2.80 b.2.409. Sandycroft $1.40 b., $1.50 & United Malacca $1.85 b., $1.90 8,
Rubber Dividends Allenby 8%
Radella 8%
THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED
(Incorporated in
apital, paid
LOCAL SHARES.
TO-DAY'S QUOTATIONS.
The following is the list of loss chare quotations inroad to-day:
Banks.
H.K. Bank $1665 n H.K. Bank (London), $138% Chartered Bank £15% n. Mercantile Bank, A. & B. £30% Mercantile Bank C. £13. Bank of East Aala, $93. Am: 0. Finance Corp., Sh. $20 China O. Fin. Ord., Sh. $4 n. China 0. Fin. Prof. Sh. 55 n.
Insurances.
Canton Ins., $280 n. Ualon Ins., $5271⁄2 b. China Underwriter, $1.15 b. China Fire Ins., $510 n. H.K. Fire Ins., $240 n. International Asse. Sh. $6 n. Shipping.
Douglases, $40 n. H.K. Steamboats, $7 n. Indo-Chinas (Prof.), $30 m Indo-Chinas (Def), #33 Shell (Bearer), 48/11⁄2 n. Union Waterboats, $18 n.
Mining.
MORE CHEERFUL.
SENTIMENT SEEN
ON WALL STREET
Traders Remain Cautious
LITTLE ENCOURAGEMENT
New York, To-day. Underlying sentiment was more cheerful on the stock market yes terday, but traders were not dis- posed to enter fresh commitments pending further clarifications of the Stock Exchange Control Com mission regulations,
LATEST QUOTATIONS
been received by Mesurs: S. E. Levy
The following quotations have
and Co., and the A.O.F.C.N
"
New York Cotton:
October December January March
May
July
Spot
Trade news does not provide May 1-encouragement. Moreover, the July
Autamoks, 60 ctă, ni Balatocs, Ex. Div. $37 n. Baguio Gold, Ex Div. 46 cts. n. Benguet Consolidated. 41%
eta. n.
Benguet Exploration 19 cts, E. Benguet Goldfield, 20 ets. n. Big Wedge, 10 cts. n. Gold Creek, $2 m.
Gold Rivers, 22 cts. n. Ipo Mining $21⁄41⁄2 n. Itogans $6.30 n. Kailan 25/6 n.
Langkats (Single) 3h. $17 n. S'hal Exploration, Sh. 35 m. S'hai Loans, $8% a.. Raubs $12.90 n. Venz; Goldfield, $5.
Docks etc.
H.K. Wharves, $17 b. H.E. Docks, $14% n. Providents (old), $1% n. Providents (new), $50 cts. n. Hongkets, (old) Sh. $310 n. New Engineerings, Sh. 44 s. S'hal Docks, Sh. $118: n.
Cotton Milla.
Ewo Cottons, Sh. $9.90·8.. S'hal Cottons (old), Sh. $75% n. S'hal Cottons (now), Sh. $44 ni Zoong Sings, Sh. $111⁄2 m. Wing On Textiles, Sh. $55 n.. Lands, Hotels, etc. H.K. and S. Hotels, $5.40 b. H.K. Lands' $60`b.
sharp break in international Chicago Wheat: wheat prices is a disturbing in December fluence.
Oot. 2 Oct. 8. Closing Closing] 12.14 12.04 12.29 12.21 12.84 12.24 12.49 12.88 12.48 12.38 -12.59 12.41
12.50.
14.46 13.80 14.71 14.05. 11.82 14.17
12.40
NEW ADVERTISEMENTS
NOTICE.
THE ACTING CONSUL for
Portugal and the Portuguese Community in Hong Kong will be AT HOME to friends at the Club Lusitano on the 5th of October fron 11.90 a.m. to 12.50 pim.
Hong Kong, 4th October, 1994.
LOCAL DOLLAR DECLINES
Silver Prices Steady
The local dollar has declined
opening on demand at 1/7.
Spot silver and forward silver remained steady, closing prices yesterday being 22% and 22%, TOB- pectively,
New York Rubber:
October December January ... March
16.12 14.45
16.36 14.09
15.68
14.88
99
95%
May
99%
95%
8. E. Levy And Company's Report July
93%
90%
In their market report. Messrs. Chicago Corn: 8. E. Lavy and Company, corres- December. Dondents for Messrs. White. Weld] May and Company, New York state: July
"Stocks:-The difficult inter- Winnipeg Wheat:
7834
73%
783%
734
784
76
preting of the Stock Exchange Commission's regulations is caus
October
77%
74%
December
7854
75%
ing a delay of new commitments.
May....
89:4
80%
The decline in grain prices, the New York Sugar: weakness of California stocks and October
1.95
1.89
the
difficulties confronting the March
1.91
1.86
Gold Bloc countries all added con-
May
1.95
1.90
cern to the market. We foresee
July
1.99
1.94
little change in the character of New York Silk: the market in the near future, December
118% 1.13%
on
present. Business done.- 410,000 shares.
fair reactions, though WO would avoid California stocks for the
February April
1.14
1.14
gone.
1.15 1.14%
|
sues
but we are still inclined to buy
Latest Quotations
The following quotations have)
"Bonds:-U, S. Government Is been received through Messrs. S. E
were
better. High-gradea Levy and Company and the Ameri presented a slightly better tone, can.
due to scattered inquiries. Se-tion: cond-grade bonds remained changed.
un-
The London on New York cross- rate, which closed at £-U.S.$4.92% on Tuesday, closed at U.S.$4.99, while the New York on London rate closet it £US.$4.93, as compared with £-U.S.34.93% on Tuesday.
Everything . BUT YOUR SAVINGS
RENT
Oriental Finance Corpora
New York. Yesterday.
+
Last To-day's close
close 4.33
FOOD
CLOTHING
14.05
HEAT
99
85%
734 78% 50% 50%
TAXES
WATER
"Grains:The continued wenk- ness of the foreign markets is N.Y./London Cross-Rate 4.83
N.Y. Cotton-Dec..... 12.29 12:21 causing general liquidation and a N.Y. Rubber-Dec- 14.71 loss of confidence on the part of Chic Wheat-Dee. speculative long operators. Total Chic Com-Dec. sales: Wheat:41,289,00 bushels; Silver-Official Corn:-15,770,000 bushels,
(Dow Jones AvR)
"Cotton: There was a consf-30 Industrials derable amount of foreign selling 20 Rails of late months, which is believed 20 Utilities
40 Bonds.*** to be representing hedging of 11 Commodity outside growths. The general be lief is that the Government Bur- (Continued on Page 11).
NEW YORK STOCK EXCHANGE
Today's 90.83 91.04 10 up 85.13 35.20 .08 up 19.71 19,68 .08 off 91.00 92.25 .20 up
Index 59.18 57.69 1.49 off 17 Leading Stocks Amer Can................ Amer Smelt and Ref Amer Tel and Tel Auburn
J. I. Care
Du Pont
The following quotations from New Elec Bond and Share
General Motors York have been received by Menara Int Tel and Tel S. E. Levy and the American Oriental Finance Corporation.
· Last Close Opening 11 am. NY/London
... 4.98
4.92% 4.93% Cotton Dec..... 1229 1228 1280
Mar
1248 1289 1244
Union Pacific
CHITS
START NOW
UNDERWRITERS
SAVINGS BANK
98
344
SAVINGS
100%
2415
40%
SAVE SOMETHING
8834
1016
2014
94
McIntyre
45%
Nat Distillers
Montgomery Ward
244
19%
N.Y. Central
21
Socony-Vacuum
14%
99
FOR THE FAR EAST,
Silk Des. Rubber Dec.
Mar.
1184
U.S. Steel
>3214
112
·
1471
1430
West E. and M.
31
INC.
1512
1470.
Business done:--410,000 shares,
99
99
May
99%
99%
C. Corn Dec.
76%
76%
W. Wheat May. 63% STOCKS:
May.... 78%
AMERICA USING MORE ELECTRICITY
Asia Life Building Hong Kong
78號:
83%
New York, To-day. — Electricity
Amer Smelt
33%
Aubur
245
25
Con Gus NY .. 273 Du Pont
28
284
88%
El Bo and Sh
10
10%
Gen Motors...
2814
284
9
28 48
274
46
H.K. Lands 4% Debentures 84%. Wheat Dec.
prem, n.
Shangbai Lands, Sh. $271⁄21⁄2 n.. Metropolitan Lands, Sh. $14 n. Humphreys, $10 n.
H.K. Realties, $44. b.
.
Asia Realties “A”, Sh, $140 n. Asla Realtica "B" 9h,$20 n. Chinese Estates, $90 n. China Realties, Sh. $151⁄2 n.
Publie Otilitles, H.K. Tramwaya, $20 a and sa Peak Trams (old), $14 8. Peak Trama (new), $7 n. Star Ferriea, $98_n. Yaumati Ferries $21 n. G. Lights (old), $8.70 b. C. Lights (new), $811⁄2 n. HK Electrics, 170 b.. Macao Electrics, $25 n. Sandakan Light, 88 0. Telephone (old), $28.36 n. Telephone (new), $10.90 -n. China Buses Sh. 13,20 m. Singapore Tractions, 5 b. Singapore Pref„, $—...
1.
Industrials. Malabon Sugars, $8.70 n. Cold: Macg. (ord.), Sh. $21 Cold: Maeg, (Pref.), Sh. $20 n. Canton Ices, 8216 m. Cements, $2.86 E H.K. Ropes, $3 n
Stores, etc.
Dalry Farms, $23.80 m. Watsons, $5.60 p.) Der. A. Wings, $1 n. Lane, Crawfords $4.15 n. Mackintosha, $21 Sinceres, $10.
Wm. Powells, 70 cts. n. Wing On (HK),, 110-
Int Tel & Tel. 9 Loew's Inc. McIntyre Mont Ward Nat Distill ¡NY Central
34% production in the United States last
week amounted to 1.643 billion 89% kilowatt hours, 89 10%
20% 26
19. 192
as compared with 1.680 billion kilowatt_hours for the
Tel. 30284
28 previous week and 1646 bilion Is It Insured? ?
7180
kilowatt hours for the correspond-
ing week of last year-United
27 |Fress, por S. E. Lavy and Company.
19%
21% 21% 13"
Stan 011 NJ 42% U.S. Steel
42%
82% 32% 39% London Prices.
The following quotations from Lon- don were received last night between 5.80 p.m.-szid-10,80 p.m.
CRUDE OIL OUTPUT
DECLINES IN US,
Insurance All Classes.
LOWEST BATES
American Asiatic Underwriters
Fed. Ine, USA;
General Agenta¦
New York, To-day The average dally crude oil production in the Head Office
States last week
Was 17, The Bund, 2,402,100 barrels, -as against Silver: Forward 22% (last close), 2,488,000 barrels for the previous Shanghal 22% (last recd.), unchanged.
Silver: Spot 22% (last close), 29% United (last reed. unchanged.
Silver Report: India and specula-week-United Press, per S E. tore bought, Ching sold. Buyers Levy and Company,
satisfied Market quiet, t
Gold: 142/2) (lärt close), 142/21⁄2
(last recd.), unchanged.
London N.Y. Selling Rate:
4.38%
(last close), 4.92-13/16 · (last · reed),; 11/10 down (change)Nesteren
London Paris: Solling Rate: 74,40
(last close), 74.28: (last rood.), .12 down (change).
Liverpool Cotton-Jan: 6.59 (lost) close), 6.80 (Izst recd.), 01 up (change),
(last
Liverpool Wheat-Dec.: 6/2% close), 5/1% (last roed.), 1d. downl [(change).
*London Rubber_Yan-Marci (buyers) |7-6/18 (last close), 7-5/16 (last recd.), |unchanged. (N
- London Rubber -Jan-May:((sellers); 7%) (last">close), 7-7/16% (last recd.), 11/16 up (change) Ja
London Rubber -Jan-Mar. at noon (buyen): 74% (last rood.)
London's Forecast
Aforacast from Landon on the, pro- bable, trend of the New York
Sauch chanK
S. E. Levy & Co.
UNDERWRITERS AND DISTRIBUTORS
SECURITIES AND COMMODITIES: BOUGHT A AND BOLD ON COMMISSION
DAILY NEW YORK. STOCK AND
** COMMODITY SERVICE
Her Members:
NEW YORK COTTON/EXCHANGE
COM
CHANGE, INC.
RD OF TRADE
DENTS FOR
CO. NEW TOLE
STREET, HONG KONG
Asia Life Baildes Tel. 88284
FON
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