1934-10-29 — Page 6

BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION.

•

Authorised Capital para Sad and Faily Fairt-up

Beserve Fund --

Sariling

omvataus $20,000,000

20,000, UNG

£4,500,

10,000,000

· Homerto Lisbility ́nt Proprietors $20,000,000

HEAD OFFICE HOMIKONO.

BOARD OF DIRECTORS,

Hon. Mr. . . 8. Machie

Chatrasan.

B. I. Dodwell, Baj.

Deputy ChalI.

AEL. Complae. Esq.

W. J. Norwich, Boj

10. Kaight, Est

si. Minkin, Eng.

Kursun, Kag

1. E. Pearce, Kaj.

V. M. Grayburn, kaq.

Chief Manager.

BRANCHES-

LADON

om. Mr. W. 11 Bell,

Akur

BANGKOK BATAVIA BURMAY

CALCUTIN

CANTON

ОЦЕНКА COLORING DAIREN

LADYS

MALACCA

MANTEA

MUAR (Jshora)

DUI ADEN

NEW YORK

HIP:NU

PLNANO

RANGDON

SALOON

KUALA LUMPER

FOOCHOW

HALPHONG

HAMBURG

BAS VRANCISCO

HANKOW

ELARBIN

BONGREW

KLOILO

NIPUL

ЗОНОВЕ

EQBE

ROWLOON

SHANGU

SINGAPORE

ARATA

SESGEI PATANI

HENTSIN,

TUKTO

TSINGTAO

TRUHANA

aped to Lost City

Currant Aquastud fus o04 J. O

And Fred wer pariods in Local Company and String terms which will be quoted an application. Hong Kong. 19th April 1944.

HONG KONG SAVINGS BANK.

the HONG KONG AND SHANGHAI

The Bues of the above

ok le conduct

BARLINU CORPORATION

eland on applicaties.

Ruler may be

FOR THE HONG KONG AND, SHANGHAI

ANKING CORPORATION

1. M. GRAYBURN,

Einlet Manager.

CyBagh Pəbruary, 1984, .

THE BANK OF EAST ASIA, LTD.

Authorised Capital

Pull-up Capitale Truls $1,495,000.00 HEAD OFFICE: RONG-LONG

13. Des Page flood Central

BOARD OF DIRECTORS—

Bir Shonton Chow, Chadema.

14 Susa Chun, Lag, P. K. Kwok, Eng., Toox Yus Tong. Key.. Chan Ching. Shok, Kag

Las

Seas Erg., Rock Chu Boo, Bay, and Ken Ting

SALATIN

Kan Toug Po, Eay.. Chile! Manager. El T Fong. Liq.. Manager.

BRANCHES AND ANÈNCIES:-

Semarang

Sinaltie

Melbourne

Baby

Nagasaki

Shanghai

New York

Ovala

Singapore Extrabaya

Blow

Gustoa Balkong Haskow Banololu

Kowloon London

Pario

Palping

Penasg Hangoos

53gon

Sa Franclas

Jonty

Talboku Tisatria Tebra

VARUM Yokoham

Erary descriplan of Henkins and′ Exchange balo sausacted, Longruited on approved Current Account opand in Local Cormac

TOLL OF had Fixed Deponite revolved for one aborter periods in Local and Foreign Currencies: wo terms which will be qualed on application.

Safe Deposit Juros To Let.

KAN TONG P

Hong Kong. let March, 1994,

Chief Hanager.

THE BANK OF TAIWAN, LTD. *** Head Office:-Talhoku, Formosa,

Incorporated in Japan by Special Imperial Charter, 1899,

Central Bank of Formosa, Notes

issued Average amount Y.45,000,000

Branches and Agencies. Japani-Kobe, Osaka, Tokyo, Yoko bama, Keelung, Makong, Nauto, Shoka, Shinehiku, Taichu, Tainan, Taito, Takao, Tamsui, Toen, Karenko, Kagi, Helto, Giran.

THE CHARTERED BANK OF

- INDIA, AUSTRALIA & CHINA. ›

Incorporated by Royal Charter, 1858.

· HEAD OFFICE: LONDON

Paid-up Capital

Reserve Fund ..... Reservo Liability of Pro-

£3,000,000 .£3,000,000

THE CHINA MAIL, MONDAY, OCTOBER 29, 1934

Commerce and Finance

MANCHESTER MARKET REPORT

23,000,000 Improvement Shown In

China Business

Agenelen and Branchen:

Hangov daizon

Vyumarana Berarbei

'Shasphal Klisgapore KAWAN

.prietors

Aloe Bar

feils

Amritar

[poh

Bapstuk

Karm

Bainia

Hlang

Boisbay

Robe

Calentin

Caston

Lumpur

Сакпросе

Kuchin

Soutonya

Cab

Madra

Taipity

Colomb

Maalis

la laid

Delhi

Tangkals

Malphons

Now York

(hahar)

Hambur

Thingto

Yokohama

Zamboang

Hankow Harbin tout ona

trapbaciad.

Telping

(Peking TIDANE

Porsign Fachange and dehamal Ranking business Carmens Adevulate opaled and Pized Deposite

rocalred for one year or shorter periods at intro which will be quoted on application.

W. H. E. THOMAS,

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

GOOD CLASS CLOTHS FOR HONG KONG

Manchester, Sept. 26: There has been very little al- cotton values teration in ruw

during the past week, and on the whole the position has been slightly easier. Probably owing to lack of confidence in prices, the demand for cloth has not de- veloped as anticipatel.

There is still a healthy under- current of enquiry from most of the markets and with some

THE BANK OF CANTON, LTD. favourable development a good

Eatablished 1912.

Head Ofice-Hong Kong.

$11,000,000

Authorised Capital Paid-up Capital

business would probably be done. Favourable weather is reported from the States whilst the gin- 8,555,000 ning figures issued by the Census 32,170,492 Bureau show a total of 3.131.000) Branches: Cantoo, Toishan, Shanghai, bules against 3,102,000 bales a Hankow, Bangkok & San Francisco. year ago.

Total Resources ...................!

London Bankers: Lloyds Bank, Ltd, The decision of the Adminis

Foreign Exchange and Banking business of every discription trans-tration to continue the Bankhead Act for the current season and acted;"

Current Accounts opened and Fixed the termination this week of the in- Deposite recerred for one year textile strike, have both aborter periods at rates which will be,

¡fluenced trading. Little quoted on application.

dif-

Safe Deposit Boxes (various altes)ference has, however, been made ¡for hire.

to the general outlook and a rather bearish sentiment exists among cloth buyers.

LOOK POONG 6BAN,

Chiel Manager.

SAFETY FIRST! To Safeguard Your Valuables and Jewelleries. Deponit them in a Vault that is really: FIRE-PROOF BURGLAR-PROOF DAMP PROOF! · OUR SAFE DEPOSIT VAULT

Far Eastern Trade Several houses report a broad- ening enquiry from India.. Cal- cutta. Bombay, Karachi and Amritsar have all participated but the total turnover is dis appointing. Light goods such as mulls, jacconets and bleached fancies have been under offer for Calcutta and Karachi, whilst located on the Mezzanine Floor of the other markets have been Our New building is Specially Con- principally interested in twills, structed to provide all of these Im-white shirtings and few dyed portant Qualities."

styles:

You may obtain a Safe Deposit For prints and other classes of Box in this most up-to-date Vault for goods the offers have been too your own use at a very moderate Ren-|

far out, and only trifling sales tal.

have effected. The up-country Inspection Cordially Invited, THE NATIONAL COMMERCIAL outlets have been quieter this last few days. It is pleasing to & SAVINGS BANK, LTD. Corner of Lee Hours Street and seo that Colombo has sent offers for muslins and jacconets, whilst Des Voeux Road, Central

there has been a little more busi- ness about for Singapore.

THA

Some improvement has been shown in the China markets AMERICAN EXPRESS COMPANY, chiefly for poplins, and whites.

INC.

Head Oßce:-65, Broadway, New York

.U.S.$8,000,000.00 2,087,112.69 1,995,528.81

Mitan Nior Haplas Firesta Paris Palpin Palermo Reitydam BLUR Shoph

Capital Surplus Reserves

BRANCHES:-

Amsterdam Antwerp Athens Alu Bande Berlin

China: Amoy, Canton, Feochew, Han-

kow, Shanghai, Satow.

Bambar

Brasse

Brusela

Others: Bombay, Hong Kong, London, Cale

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

Elnagar.

Havane Hamburg Harro. Heidelberg Intarpkon Jervaniem London

Calcults

Cannas Colombe

Liverpool Lucerns Lagutza

Luzo

on Special Current Déposit will be at 1%% p.a. on daily balance and the rate for, balance over $10,000 will be quoted on application (Maximum rate-14).

Dublin

Marillon

Edinburg'a Flocon Osta

Monte Carlo „Mazlla“

Muniph

Ti Vien Vimice Torokame Surich

Montreux

Y. OHNO,

Hong Kong Branch

On and after April 20th, 1884, the Copenhagwa rate of Interest

Southampton Hingspor Tientsiu

The better class cloths have been sold to Hong Kong. A better en- quiry for printed and dyed goods has been available from South America and Scamlinavia and a number of small lots have been booked at low prices.

West Africa remains quiet and japart from odd lots of prints and fancies the trade has been: negligible. Only a few miscel- Hangus purcha498 are reported

for the Levant and Egypt. 2.

LOCAL SHARES.

TO-DAY'S QUOTATIONS.

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

.. Banks.

H.K. Bank $1595 b., $1590 sa. H.K. Bank (London), $1331⁄2 n. Chartered Bank 215% D. Mercantile Bank, A. & B. £30 n. Mercantile Bank C. $13. Bank of East Asia, $98 ¤ Am: O Finance Corp, Sh. $20 n. China O. Fin. Ord., Sh. $4 n. China O. Fia. Pref. Sh. #5 D.

Insurances.

Canton Ins., $285 8. Union Ins, $510 b., $520 s. China Underwriter, $1.15 b. China Fire Ins., 3510 n H.K. Fire Ins., $2871⁄2 . •* International Asace. Sh. $6 n.

Shipping.

!

Doublases, $41.n.

H.K. Steamboats, $71⁄4 0. Indo-Chinas (Pref.), $80 a. Indo-Chinas (Def.),.888 n. Shell (Bearer), 45/- n. Union Waterboats. $18.

Mining.

Antamoks, 60 cts. n. Balatoce, Ex. Div. $87 n. Baguio Gold, Ex Div. 46 cta. i. Benguet Consolidated 414

cts. u.

Benguet Exploration 17 cts. b. Benguet Goldfield, 20 ċts. n. Big Wedge, 10 ets. n. Gold Creek, $2 m/ Gold Rivers, 21 cts. b. Ipo Mining $2% n. Itogans $6.30 n. Salacota 16 eta, n. Kailan, 21/101⁄2 n. Langkats (Single) Sh. $171⁄2 n. S'hai Exploration, Sh. $54 a. S'hai Loans, 161⁄2 n. Raubs. $10.40 n.° Venz; Goldfield, $5 n.

Docks, etc.

H.K. Wharves, 107 b. H.K. Docks, $12.65 b. Providents (old), 1 b. Providents (new); $50 cts. n. Hongkews, (old) Sh. $315 m. New Engineerings, Sh. $5% n. S'hai Docks, Sh. $1271⁄2 n.

Calton Mills.

Ewo Cottons, Sh.$10% n. S'hai Cottom (old), Sh. $75 n. S'hai Cottons (new) Sh. $46 n. Zoong Singa, Sh. 39.40 n. Wing On Textiles, Sh. $55 n.

Lands, Hotels, elc.

H.K. and S. Hotels, $5 n. H.K. Lands, $50% b. H.K Lands 4% Debentures 2

prem. s.

Shanghai Lands, Sh. $29 n. Metropolitan Lands, Sh. $14 n. Humphreys, $10 n.

H.K. Realties, $41⁄2 n. Asia Realtios "A", Sb. $140'u. Aaia Realties "B", Sh.$20 n. Chinese Estates,' $90 n. China Realties. Sh $15. Debentures $137 n.

Public Utilities. H.K. Tramwaya, '$19.80 n. Peak Trams (old), $14 n. Peak Trama (new), 37-n. Star Ferries, $971⁄2 m

RAW RUBBER PRICES Yaumati Ferries $21 b.

Latest Quotations From Singapore

Messrs. H. B. Joseph & Co. have Branches of American Express Com-received the following Straits

Manager.pany in Principal cities of United Currency quotations (Buyers) from

States of America; and Canada.

3, Des Voeux Road, Central,

All classes of Commercial Banking Transactions undertaken.

THE YOKOHAMA SPECIE BANK Perional investment accounts

LIMITED.

Established 1880

Capital (fully paid-up) Yen.100,000,000 Yen.124,250,000 Beserve Fund

Head Office:-YOKOHAMA

Branches and Agencies at:

Nagasaki Alexandris Batavia

Nagoya New York Osaka

Berlin

Botchay

"Calcutta"

Canton Dairen (Dalry) Fengtion (Hukden)

Hamburg

Karachi

Parla Pelping Rangoon Rio de Janeiro San Francisco Seattle

Hankow

Harbin

Semarang

Hong Kong

Shanghal

Honolulu

Heinklog

Singapore Soerabaya Sydney Tientsin Tokyo Tringtau Yingkow

on Carint

Kohe

London

Toe Angeles

Manda

Interset allowed

Periods Deposits received for fixed

paces to be obtained on application.

KISHINAMI, K

11th September GSI

bundled.

The Company offers to intending Travellers the use of ita. "Travelers Cheques" and Letters of Credit and in addition, the world-wide services f its thoroughly equipped Travel De

partment. d

Q. H. BENSON,

General Manager,

THE WING ON BANK, LTD. TONG RONG

Authorised Capital $10,000,000

Foreign Exchange. and Banking Business of every description transact {ed.**

Current Accounts opened and Fixed Deposits received for one year or sher- ter period at rates, which will be quot ed on application,

Safe Deposit Boxes (various sisci) for hire.

PHILIP COCKCHIN Thiel Manager GOOKCHINEYMARA

LI BHU FONG Asistant Manager.

Singapore for Raw Rubber.

Jan.-Mar, 24% up

• April-June 261⁄4 up % Market-Dull

LOSS TURNED TO PROFIT

New York, Saturday-The Radio Corporation, for the third quarter, report a net income of U.S.$406,189, as against a loss of U.S.$525,158 for the corresponding period of last year United Press, per S. E. Levy and Company.

THE SHANGHAI COMMERCIAL &SAVINGS BANK LIMITED, (Incorporated in China)

$5,000,000* Capital paid up Reserves

$7,000,000. Capital Bavings Dept. $500,000. Reserve Savings Dept. $800,000. Head Office-Shanghai ---

A Bank having as its mission the industrial development of China and the fostering of her commer- cial relations abroad,

Hong Kong ice-7 Ice House St.

Phone: 31481-2-3WER

C. Lights (old), $8.95 n. C. Lights (new), $8%% n. H.K. Electrics $69 n. Macno Electrics, $25 n. Sandakan Light, 38 n. Telephone (old), $23 b.- Telephone (new), $10 n. China Buses Sh. 18.20 n. Singapore Tractions 4/3 b. Singapore Pref., $17/97b.

Industrials.

Malabon Sugars, $8.70 n. Cold: Macg. (ord.), Sh. $21_n.

Left to tight, Mr Pu Chu-chieh, younger brother of Emperor Pu-TI of Manchukuo; Mr. Yun Chi, brother of the Empress of Man. chukuo, and Mra. Yun, photographed in Tokyo just before they left for Hsinking, Manchukuo; to visit the ruling heads of the Manchu Empire.

LOCAL DOLLAR DECLINES

Silver Prices Lower

2

POLICE RESERVE Orders for the Current Week

The local doar has declined %, Orders by the Hon. Mr. T. H. opening on demand this morning King, Inspector General of Police. The following Police Reservists at 1/73%.

Spot and forward silver prices wil parade for duty in connection

on with the Armistice Day celebra declined 1/16, closing price Saturday being 2334 and 23%, res-tions on Sunday, November 11th.: pectively.

Chinese Company.

NEW ADVERTISEMENTS

THE HONG KONG JOCKEY CLUB-

TH

THE TENTH EXTRA RACE.

MEETING will be held (Wea ther Permitting) at HAPPY VAL- LEY on SATURDAY, 3rd NOVEM- BER, 1934, commencing at 2.00-

p.m.

The First Bell will be Rung at

1.30 pm.

By Order, C. B. BROWN,

Secretary.

Hong Kong, 29th October, 1984.

LLOYD TRIESTINO.

(Flotte Riunite Lloyd Triestino, Marittima Italiana E., Siimar"}

NOTICE TO CONSIGNEES

Motor Vessel

" HILDA "** From TRIESTE, VENICE, BRINDISI

PORT SAID, SUEZ, ADEN, KARACHI, BOMBAY, COLOMBO, PENANG & SINGAPORE.

Consignees of Cargo are hereby 10 formed that all Goods are being land- led, at their risk into the Godowns of. the Hong Kong and Kowloon Wharf & Godown Company, Ltd, at Kowloon,. whence and/or from the wharves de- livery may be obtained.

Optional cargo will not be landed. here, unless notice has been given 48- hours prior to vessel's arrival, but car- ried on from port to port to the final. port of call to which the option extenda.

No claims will be admitted after the Goods have left the Godown, and all Goods remaining undelivered after the

2nd November, will be subject to rent.

All claims against the vessel must be presented to the undersigned on or- before the 11th November, or they will not be recognized.

All broken, chafed, and damaged: Goods are to be left in the Godowns, where they will be examined on the 2nd November, at 10 a.m. by our sur veyors Messrs. Golddard & Douglas,

In the case of dutiablo cargo, con-- signees are requested to inform the Imports & Exports Office that they hayo auch goods for examination.

No Fire Insurance has been effected.. Bill of Lading will be countersign-

The London on New York cross-

15 members of the Chinese Com- rate, which closed on Friday at pany to parade at Central Police

U.S.396%, closed on Saturday Station at 9.00 hours to draw arms ed by at U.S.$4.96%, while the New and 30 members, to parade ut the York on London rate closed, at Chinese Company Headquarters at |--U.S.$4.90%, as compared with the time arrange. Drees:-White

-U.S.$4.97%.

Uniform, Sunhats, Belts and Trun- cheons.

INTERNATIONAL AGREEMENT FOR COPPER OUTPUT?.

New York, Saturday.

Wall

Indian

LLOYD, TRIESTINO Queen's Building.

Hong Kong, 27th October, 1934. HONGKONG CRICKET CLUB

TOTICE IS HEREBY GIVEN

30 members on indian Com-N that the following Deben

pany to parade at Central Police tures were drawn at the Pavilion Station of 9.00 hours to draw arms. on THURSDAY, the 25th day of

Nos. Nos. Nos. Nos. Nos. Nos. Street gossips foresee a possible the time, arranged. Bress:White October, 1934:— international' agreement to curtall

copper production, although inform ed quarters are sceptical unless the price, weakens.-United Press, per S. E. Levy and Company.

AMERICAN TINNED MEAT SALES SOAR

Belts and Truncheona.

Flying Squad

12 members of the Flying Squad to parade at Central Police Station at 9.00 hours to draw arms. Dress:-White Uniform. Sunhats. Belts and Truncheons.

Emergency Unit Reserve

4 303-395 521 673 743 117 322 437 577 674 766 127 337 4415 581 686 790 235, 366. 470 666 691 794 269381 492 672 707 815 Holders of drawn Debentures who desire to be paid on the 81st. 15 members of the Emergency October, 1934, are requested to in-. Unit Reserve to parade at Central form the Treasurers, Messrs. Percy York, Saturday.-United Police Station at 9.00 hours:-Smith, Seth & Fleming, on or before in Dress: Khaki Helmet, Khaki TUESDAY, the 30th October, 1934. States meat packers' sales September was 23 per cent. above Tunic, Khaki Shorts, Puttees, Belts, AND NOTICE IS. HEREBY September last year, although the Holsters and Revolvers. tonnage was 19 per cent, lower.- United Press, per 8. E. Levy and Company."

New

GASOLINE PRICE WAR CONTINUES

GIVEN that Debentures numbered

Chinese. Company

as above which are not cashed on Training Course-Part II. All the 31st October, 1934, will be paid recruits of the Chinese Company on the 30th April, 1935, after which who have not yet passed Part II of date they will cease to bear interest. Training Course will attend at the By Order of the Committee,

L. S. GREENHILL, Chinese Company Headquarters on

Hon. Secretary. Tuesday, October 30th at 17.30

Hong Kong, 26th, October, 1934. Phoa-hours for instruction.

New York, Saturday-At delphia, the gasoline price has been reduced by one cent a gallon, and at New York by half a cent United Press, per 3. E., Levy and Company

CHINESE RAILWAY TO AID -NATIVE - PRODUCTS

Flying Squad

Grand Tattoo. Members who are

Lance Sergeants R431. G. Frost, detalled for duty in connection with and R449 B. J. Murray, Constables the Grand Tattoo will fall in out-R403 Dr. S. C, Ho, R450 W. A. Tip- side the Remand Home, Causeway sley, R407 C. C. J. Whitehead, Bay at 19.00 hours sharp on the 1st, R416 L. R. Dixon, R422 R. Stewart, 2nd and 3rd November. 1984, R426 A.W. T. White, R427 O. B. Dress:-White Uniform, Cap with Oboukoff, and R488 N. Stradmoor.

The remainder of the Unit will White Cover, Belt with Brace, and Truncheon to be carried...

fire the same course on Friday, Emergency Unit Reserve November 2nd at the Kennedy Road Revolver Course. The following Range at 17.15 hours under Sub- the export of native products to members will fire the Part III Inspector A. L. Hopkins. foreign countries. With this Course "A" at the Kennedy Road end in view the Ministry has Range on Wednesday, October 21st decided to reduce freight charges at 17.16 hours under Sub-Inspector Hong Kong, Monday, October 29,

A. L. Hopkins:-

The Chinese Ministry of Rail- ways is taking steps to encouraTO

Cold: Macg. (Pref.) Sh. $20 n. on such goods.

•Carlon Ices, 82.05 bộ

Cements, $2.15 8.⠀ H.K. Ropea, 3 .. Stores, etc. Dairy Farms, $23 sai Watsons, $5.

Der. A. Wings, $1 h. Lane, Crawforde, $4 d. Macklutoshs, $21. Sinceres, $10 n

Wm. Powells, 70 cis, në Wing On (H.K.), 110 ■

Miscellaneous.

H.K. Amusements, $4 1:1 Entertainments, 5772 mo S.C. Enterprises, $1 m. United Theatres, Sh. 81 m. Macao Greyhounds" $2 m. Constructions (old), $1,80 n.; Constructions (new), 78 cts, b wand saya

NEW YORK SAVINGS BANKS REDUCE INTEREST

New

York, Yesterday-New York sav.ngs banks have reduced interest to 2.5 per cent., as against 3 per cent. formerly.-United Press. per S.E. Levy and Company.

Is It insured? ?

Insurance All Classes

· LOWEST RATES

American Asiatic Underwriters

**Fod," Iño; «U.S.A.

Ch Govt: 5% 1925 G3Bds.--87%. Head Ofici H.K. Govt. 4% Loan 8% prom. n.

17, The Bund H.R. Govt 34%% Loan 2% b 2% prem. 2

Wallace Harpers, $74 n. NE Vibor Piling $5.80

Shanghai

General Agénia ja

∙1984.

C. CHAMPKIN,

Acting, D. S. P. (R.).

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, ING. CHICAGO BOARD OF TRADE

CORRESPONDENTS FOR WHITE, WELD & CO. NEW YORK

7 ICE HOUSE STREET, HONG KONG

Tel. 30101 and 201081

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