1935-01-11 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Gaborlaad Capisal .......in

Jobwed and Fully Pald-up maman 20,000,000 Beecro Pandas-

writ

£ 6,500,000

- $50,000000

Beserve Liability of Proprietors

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1858.

HEAD OFFICE: LONDON

420,000,000

Paid-up Capital Reserve Fund

BEAD OFFICET HONGKONG,

BOARD OF DIRECTORS.

· Hon. Mr. O, 0.18; Slackie

Chairma

8, It. Deilwell. Psy Deputy Chalettes.

Hon Mr. W. 13._HoİL. a. Compton, Esq. 1.1. Kaevich, Bog EK R. Kalbi, Eng.'"

AKOT

BANGKOK BATAVIA MONDAY HALCUTTA DANTON CHE POO COLUMBO DAIREN POCONOW

• ПАТРИОНА

KAMBUBO BANKOW RABBIN MONGLEW

ILOILO

ПРОВ

JOHORE

KOBE

KOWLOON

G. Misko, Eag

...£3,000,000 £3,000,000

Reserve Liability of Pro

prietars

THE CHINA MAIL, FRIDAY, JANUARY 11, 1935

and

Commerce

Finance

TIN AND RUBBER SHARES

28,000,000 Latest Quotations From

Agenclen and Branchen:

Alor Star

Hollo

Amritsar

1pok

Bangbok

Karachi

Backpa

Klan

K, 6. Morrison, Zag,

Bombay

Kobe

T. Parc, Eq.

Caftutia

*Kusin

Canton

Launpur

Cawason

Luchleg

Cebu

Hadra

| Colombe

Manila

Do

Males

Kew York

I

(Faking!

TORBAR

F. M. Oraybarn, keg.

Chief Muangy

BRANCHES :-

LONDON

LYOKE

MALACCA

MANILA

ALUAN (Johor)

MURDEN

NEW YORK

PEIPINO

PENARI RANGOON

BAIGON

BAN FRANCISCO

KUALA LUMPUR

SHAKOHAL

KINGAPORE

BOURADATA

RUNGEL PATANI

TIENTBEN

TOKYO

T81 SOPAO

YOKOHAMA

Correct Account opened le Local Currenes Vized Dapodia rosired toe ona zon, DE shorts padods in. Local Company and Sterling ter which will be gunted on application. Hong Kong, 11th April, 2984,

HONG KONG SAVINGS BANK,

The Bostance of the above Bank is conduct-

by the HONG KONG AND SHANUHAI LANKING CORPORATION, Bule tag he plained on application.

YOU THE HONG KONG AND HANGHAI BANKING CORPORATION

V. M. GRAYBURN.

Chief Moongar.

Hong Kong, Mih Februar 1985.

THE BANK OF EAST ASÍA, LTD:

Kaikorised Capital mummamena $13,000,000.00

...$ 5,508,600,000 Your And Undivided Pro$2,484,100.08 -

HEAD_OFFICE:--HONG KONG

BOARD OF VIBECTONS:~~

Mr Chaumon Chow, Casiraiate,

Kon Ubun, Eeq., P. R. Kwok, Esq., WODE sa Tong. E., Chan Ching shok, Esq., Li L Mr. Wong Chu Bou, Yoq, and Kau Ting jkaq.

Han Tung Po, Esq. Cunt Manager.

The Foug, Exy.. Mangut.

BRANCHES AND AGENCIES.-

Marila 3falboar

Bastile

Betreus

Sabay

Nagwak

Shanghai

Delausta

New York

Bingapore

EQUTHDAY

İsiphong

Parli

Bwakw

Bankow

Peiying

Sydney

Bolala

Pegang

Talboka

Boka

Lisagoon

Trentain

Kowloom

Sagen

Tokyo

Cop

San Francis

Vanoram

Yakokamış

Haiphong

Hamburg

Manion

Harbin

Hong Kon

Bengoun

Salon

Hemarang

Braban

Shanthal

Singapore Bila Boersbaya Talping Tentan Tough

(Bhaker)*

Telegio

Yokohama

Zamboang

Foreign Archange and Dawers) Banking business) transacted.

Current Ascounts opened and Pized Depozite zavaivad for one year or shorlar perioda na 'raini which will be quoted on application, ・・

A. BREARLEY.

Manager. Hong Kong, 1st, January, 1935.

SAFETY FIRST I-

To Safeguard Your Valuables.

and Jewelleries. Deposit them in a Vanis that is really: FIRE-PROOF. BURGLAR-PROOF

· DAMP - PROOF I OUR SAFE DEPOSIT VAULT located on the Mezzanine Floor of Our New building is Specially Co structed to provide all of these In portant Qualities.

Singapore

Messrs. H. B. Joseph & Co. have received the following quotations] from Singapore dated January on Tin and Rubber shares (prices in Straits currency);

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 BANK OF CANTON, LTD.

Eatablished 1912.

Mining

Johans 20 cts. b; 31' cts, R. Kuchais 94 cts. b; 98 cts. s. Mambaus 63 cts. t; 66 cts. a. Nawng Pots 91 cts. b; 94 cts. 8. S. Luas. 1.26 b; 1.30 s. S. Kintas. 4:40 b; 4.50 s. U. Klanga 1:20 b; 1.25.5. Jelebu Tin 1,02 b; 1.08 s. Lingul 1.20 b; 1.25 s. Lukuta 1.00 b; 1.05 8. Tronohs 15/-xd b; 16/9 xd s. Pahang Con 8/6 b; 9/6 s

* Rubbers Alor Gajahs 1.60 b; 1.85 s. Ayer Panas 1.90 b; 2.00 s. Ayer Moleks 1.10 (1.10) b; 1.20 s. Bassetts 75 cts. b; 80 cta, &. Brogas 95 cts. b; 1.00 s.. Glenealys 2.15 ed b; 2.29 cd s. Indagiris 1.25 cd b; 1.321⁄2 8. Malaka Pindas 1.62% b; 1.67%

B+

Mentakabs 45%cts. b; 46% cts.

8,

New Scudais 1.90 b; 1.95.8. Nyalas 1.25 b; 1.30 s. Punggors 35 cta, b; 40 cts. a. S. Tukangs 1.20 b; 1.25 s. Sandycrofts 1.30 b; 1.37% s. T. Ansons 1.47% cd. b; 1.54 cd s.j Tapaha 2.15, b; 2.22% 8.

Tambalaks 87 eta. b; 92 cts. 9... Unt. Malaccas 1.921⁄2 b; 1.97 s. U. Benuts 50% etu. b; 58 cts. 8. Kempas 3.05 b.

Pajams 2.15 h; 2.20.8. Kluangs 5.30 b; 5.50 s. Quotations by wire received to-

Head Office: Hong Kong.

$11,000,000 8,655,000 32,170,40 day:---

Authorised Capital Paid-up Capital Total Resources Branches: Canton, Tolahan, Shanghai, Hankow, Bangkok & San Francisco. London Bankers: Lloyds Bank, Ltd.,

Foreign Exchange and Backing business of every discription trans Jacted.

Current Accounts opened and Fixed Deposita received for

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

Every description of Black and Exchange classcted, Loss grated an approved for hire.

pouzitise.

Dustsat Accounla opaad in Local Gurren

Fixed Deposita zapaived for com kerler periods in Local and Foreign Curranties} arm which will be quoted on spplication.

· Rafe Deponil Jaise To Les,

KAN TONO PO,

Rong Kong. 135 March, 1000,

Chiat Manager.

THE BANK OF TAIWAN, LTD.

Head Office: Talhoke, Formann, Incorporated in Japan by Special Imperial Charter, 1899. Central Bank of Fermois, Notan

issued Average amount'Y.45,000,000)

Branches and Agencies. Japan:-Kobe, Osaka, Tokyo, Yoko- hama, Keelung, Makong, Nanto, Shoka, Shinchiku, Taichu, Taipan, Taito, Takao, Tamsui, Toon, Karenko Kag, Heito, Giran. Obina:-Amoy, Canton, Foochow, Han-

kow, Shanghal, Swatow.

Others:-Bombay, Hong Kong, London. New York, Singapore, Batavia; Bamarang, Soerabaya, Dairen.

On and after April 20th, 1934, the rate of Interest

on Special Current

Deposit will be at 14% p.a. on daily balance and the rate for balance over; $10,000 will be quoted on application) (Máximum rate—1%).

Y. OHNO,

Hong Kong Branch

Manager.

8. Des Voeux Road, Central.

THE YOKOHAMA SPECIE BANK

LIMITED.

Safe Deposit Boxes (various sinus)

LOOK POORG GRAN,

THE

Chiel Maingur.

AMERICAN EXPRESS COMPANY, INC.

Head Office: 65, Broadway,

New York.

Capital Surplus Reserves

Singapore Traction Ord. 6/3 b. Malaka Pindas. 1.65 b; 1.70 8. New Scudais 1.92 b; 1.97 s.

LOCAL DOLLAR STEADY

Silver Prices Unchanged

The local dollar remains steady, opening on demand at 1/83⁄4.

Spot and forward silver prices have remained unchanged, being quoted at 24 9/16 and 24 11/16, respectively.

The London on New York cross- rate was quoted at £-U.S.$4.9134. „U.B.36,000,000.00

2,087,112.69 as compared with -U.S.$4.02%: 1,905,828.31 yesterday,

BRANCHES:-

Amatérolo

Granda Dangow

Wi Hice Naples Ріпинда

Paris

*ARIWAD

AMAZO Denise

Berlin

Rienbay

Ban

Kazanele

Cairo

"almazte

Cantie Colomb Copenhagen Trackin Edinburgh Plata Ролета

Ravann Hamburg Havre Heidelberg.. Interlaken Jerusalem London Iftarpool

Lussie Lugano Luxor

Marti Monta Carin

Manila

Munich

Boatroux

Pipin Palet ma Betterdam The fam

Hanaut Southampton Megaponi TheRisin Terezina

Vins

Yokohama

Zurich

Branches of American Express Com

The New York on London rate was quoted at -U.S.$4.91%, as compared with £-U.S.$4.92% yea- terday.

LONDON SILVER

London, To-day. Spot......24 9/16 unchanged: Forward..24 11/16 unchanged. London Silver Comment:- America bought. Speculators bought and sold.. Business small,

pany in Principal cities of United THE CHINA & SOUTH SEA BANK, States of Americs and Canada.

All classes of Commercial Banking Transactions undertaken.

Personal Investment accounts handled.

LIMITED

LOCAL SHARES.

TO-DAY'S QUOTATIONS.

L

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

Banks,

(Incorporated in China) Head Office...Shanghat Capital --$7,500,000.00 Resorve

$1,500,000.00 Branches .All Important Cities The Company offers to intending

In China Travellers the use of its Travelan Foreign Exchange and General Cheques" and Leiters of Credit and Banking Business transacted. Vapital (fully paid-up) Yer.100,000,000 addition, the world-wide services Current and Saving Accounts opened Beserve Fund

Established 1880

Yep.124,250,000 $ a thoroughly equipped Travel De and Fixed Deposits received for one

Head Office:-YOKOHAMA

A Branches and. Agencien atz

"Alexandria

Batavia

Berlin

Bombay

Oxlcutta

Banton

Dairen (Dalny)'.

Nagasak! Nagoya

New York

Onka

Firle

Peiping Rangoon Fenetien (Mukden), Rio de Janeiro Hamburg

-San-Francisco

Seattle

Bankow

Harbin

Semarang

Hong Kong

Shanghai

Hsinking

Honolulu

Marachi

Lobe

partment.

E. W. DÜGGAN,

Mannger

THE WING ON BANK, LTD. TONG KONG

Authorised Capital $10,000,000

Foreign Exchange and Banking Business of every description transact-

Singapore Sourabaya Sydney Tientsin Tokyo Telnatan Yingkow ellawed on Ourent Ac-for hira

London *Los-Angeles

Current Accounts opened, Speelil Deposits received at special rates, and Fixed Deposite received for one year for shorter period at rates which will be quoted on applicationERENZIA

Safe Deposit Boxes (various sinus)

PHILIP GOCKCHIN loda Chlef Manager blication. I. GOORGHIN GHINA MLA

Assistant - Manager.

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

BOU 2. CHANG,

29 - Maringer, HONG KONG BRANCHES 24, Des Voeux Road, Centrali Manager's OfficeTel 83565) Foreign Exchange Dept. General Office... "Cashier's Offico.

THE SHANGHAI COMME

SAVINGS BANK

(Incorporated in China Capital paid up Reservas Capital Reserve

A Bank

industria

wings (Dept

velopment

and tha cial relationsfabroad.

28560

H.K. Bank $1620 s.

H.K. Bank (London) 51381⁄2 n. Chartered Bank £15% n.

Mercantile Bank, A. & B. £32 Mercantile Bank C, £181⁄2 n. Bank of East Asia 390 n.

:

BELFAST LINEN

MARKET

High Cost Of Yarns Hits Manufacturers

DEMAND FOR DRESS LINENS

WELL MAINTAINED

Belfast, December. The Irish Linen Society's Report for the month ending December 5 is as follows S

Flax

QUIET PERIOD ON WALL STREET

Specialities Likely To Improve

GOLD CLAUSE CASE ANXIETY

NEW ADVERTISEMENTS

DIVIDEND NOTICE.

HONG KONG & SHANGHAI BANKING CORPORATION.

Wall Street, on the whole, is TE DIRECTORS of the Hong Kong and Shanghal Banking pected to be quiet but some spe- Corporation' announce that, subject cialities are likely to improve ow-to audit, the dividend for the half ing to the better trading outlook year ending 31st December 1984.

Rubber should be a little lower will be Wheat will also probably. bel

Dividend £3 per share. slightly lower, but is fundamental-

1/8 1/2. ly sound and brokers are bullish, Cotton is expected to be steady

$1,000,000. but traders may be cautious pend- And carry forward to next year'

'about $5,500,000-

un-

.

Irish. The markets are now well supplied. Demand is good for all classes and prices remain changed.

Courtrai-The demand for the ing the decision of the Cold Clause) lowest grades still continues, and, Case, which, at present is absor

(25

Am: 0. Finance Corp., Sh. $20 m. China O. Fin, Ord., Sh. $1.80 m. China O. Fin. Fref Sh. $41⁄21⁄2 n. Insurances. Canton Ins. $275 n. Union Ins. $500 m. China Underwriters $11⁄4 B. China Fire Ins. £520 n. H.K. Fire Ins. $240. n. International Assce. Sh. 35 n.

Shipping.

Douglases, $40 n. H.K. Steamboats, $7% ni- Indo-Chinas (Pref.), $80 n. Indo-Chinas (Def.), $38 n. Shells (Bearer) 50/- n. Union Waterboata 18% n

Mining.

Antamok 89 cts. b., 91. cts, 32. Balatocs $38 b. Baguio Gold 35 cta. b., 35/36 cts.

88.

..

Benguet Consolidated $14 n. Benguet Exploration' 20 cts. a. Benguet Goldfield, 20 eta. n. Big Wedge, 10 cts. n. Gold Creek 37 cta. b. Gold Rivers 22 cts. b.

Ipo Mining $1 1. Itogans 42 cta. n. Salacota 16 cts. n. Kailan 19/- n.

Langkats (Single) Sh. $15 n. S'hai Exploration Sh. $5 n. S'hal Loans, Sh. $6_n.. Raubs $104 n. Venz; Goldfield $5. j

Docks, elc,

H.K. Wharves $111 b. H.K. Docks, $12% n. Providents (old) $1,40 Providents (new), 50 cta. n. Hongkewa Sh. 309.****** New Engineerings, 86: 35% n S'hai Docks, Sh 1120 m.

Cotton Mille Ewo Cottons Sh. $8.90 b. S'hai Cotton (old) $74 n.. S'hai Cottona (new) $44%1⁄2 n. Zoong Sings, Sh. 89.40.. Wing On Textileș, Sh. $55 m.

Lands, Hotela. etc.

H.K. and S. Hotels $54 n.

H.K. Lands $52% s., $52/5234 sa. H.K. Lands 1% Debentures 100%

b.

Shanghai Lands Shị 8243⁄41⁄2 n. --Metropolitan Lands Sh. $12.20 n.

Humphreys $934 n.. H.K. Realties $5.80 8.

Asia Realtics "A"; 8h. $100 n. Asia Realties "B" Sh.320 n. Chinese Estates $88 n. China Realties, Sh. $124 n. China Debentures Sh.$128 n.

Public Utilities H.K. Tramways $20.60 64.- Peak Trams (old) $12 n. Peak Trame (new), $7 n. Star Ferries $100 mi Yaumati Ferries $22 n. C. Light $10.45 m. H.K. Electrics $73 sa Macao Electrica, $25 'n. Sandakan Lights $8 n.. Telephone (old) $25.40 s. Telephone (new). $11 n. China Buses, Sh. $12.40, n. Singapore Tractions / b. Singapore Pref. $17/0 'n.

Industrials. Malabon Sugars, $8.70'n, Cald: Macg. (Ord.), Sh. $20 Cald: Macg. (Pref.) Sh$19 Canton Ices $2.85 n. Cements $1.90 b, $1,90 n. H.K. Ropes $4-n,

Stores, etc. Dairy Farms $241⁄4 n. Watsons 5 n..... Lane, Crayfords $8.75 D. Mackintoshs, $21 m. *Sinceres 48 n~gitura

Wm. Powells, 70 ets., n. Wing On (HR) $105 m.

Miscellaneous.

HK Amusements $1.85 n. Entertainments. $7% S.C. Enterprises 21.85 Macao Greyhound Constructions (old) $2

structions

Vibro Piling $6.603a: Ch Govt. 5% 1925 6

Write off Bank Premises

a result, prices have risen. bing the attention of all markets. There is not change in the price of E. Levy And Company's Report RAW RUBBER PRICES the better sorts, and value is much in their market report, Messrs.

better than for the poorer sorts

Latvian-It is estimated that

S. E. Levy and Company,

corres-

and Company, New York state:

during the latter part of the day, but showed a fractional loss for the day.

Singapore

Messrs. II. B. Joseph & Co. have

Spot 21% up.

July-Sept. 25% up 4 April-June 24% up 4.

Market:-Steady.

FORGED NOTES OF FRENCH BANK

10/11,000 tons flax will be avail-pondents for Messrs. White. Weld Latest Quotations. From able for export this season. No "Stocks: We still remain optimės-- large purchases are reported, but tic for the longer trend, although it there has been steady business, and | probably 20% has already been dis is possible there may be some inter- received the following Straits Cur mediate reaction. Business done:rency quotations (Buyera) from posed of. A recent report stated

780,000 shares.

Singapore for Raw Rubber: that nothing below PK will be ship-Bonds: U.S. Government bende ped owing to home ́requirements

¡were up fractionally and high grade in the lowest sorts. No bulk sam-issues were again higher. Juniors ples will be available for spinners and second grade issues were better before the end of the year,

Esthonian-Supplies are ·In- creasing but demand continues strong. Prices have advanced. The

"Grains: The Farm Reserve's re- chop is estimated at 5,000 tons. The

part on wheat and oats was about first sample shipments are now an the way.

as expected. Corn was bearish but| Lithuanian. The Government is]

other. commodities were dull, though control of the crop.' Trading acting well. Wheat: Total sales:- licences will be necessary, but full 15,584,000 bushels; Corn: Total details are not yet known. Mean-

sales-6,461,000 bushels.

"Rubber: The market remains ¡time, no quotations are available.

much the same, with a certain Soviet. The Russians are mak-amount of consolidation of gain. ing steady bulk sales and prices Total sales:-96 lots."--Renter. are sharply advanced every week, Germany. is the principal buyer, but other markets

have joined in. It is calculated that éales to date total about 28,000 tons.

Kamis

now

Prices are definitely established at higher levels especially for Tows, heaviers altes of which are no longer quoted by spinners. Cambrics have come in for more

U.S. OIL DISPUTE SEQUEL

New Bill For Congress Seeks Settlement

New York, to-day,

.

West Point Arrest Yesterday

CHINESE REMANDED FOR FURTHER ENQUIRIES

Arrested at West Point yeater- day while having in his posses- sion three forged 5-piastre notes of the Banque de l'Indochine.. Wong On-po a northern Chinese, was charged before Mr. W. Schofield at the Central Magis- tracy this morning.

Sub-Inspector Fender stated that accused, who declared that a small boy gave him the notes," was attempting to change them at a money-changer's shop, when jarrested.

attention and sheeting qualities | A bill has been introduced into are in demand. Damask yarns Congress to provide for the re-enact The accused was remanded for quiet. Further bulk business has ment of Section IX of the National 24 hours, for further inquiries.

been placed by Continental buyers Recovery Act, the provisions of and pressure for delivery is in which for the control of oil produc-| - tensified.

tion have been declared uncon- 92 DEPORTEES TAKEN stitutional by the Supreme Court of

Weavers

A fair amount of business has the United States. been offered to manufacturers dur- Other proposed legislation now ing the period under review, but at being prepared by the Democratie prices which, in many cases, could Senators from Oklahoma and Texas, not be accepted, owing to the high Thomas P. Gore, Elmer Thomas, cost of yarns, due to the daily in-Tom Connaly and Morris Sheppard, cressing cost of raw material. Is aimed at correcting the new con- Manufacturers find it very difficult ditions for oil control by the Ad- to-day to quote for cloth requiring ministration.-Reuter. heavy yarns, as spinners are not over willing to quote for heavy numbers. The usual

enquiry at this time of the year for household goods, etc., is below average, but it is hoped that busineas will come along quickly, as looms are running idle. Merchants

the

LONDON EXCHANGES

Parig New York Montreal

London, Yesterday

74 9/32

4.91 13/16 4.88%

20.99

Brussels

Geneva Amsterdam Milan

15.18

7.25%

57 11/32

12.02

117% 35.27/32. 514 Sellere

490

TO GAOL

Trip From Straits By Sirdhana

Ninety-two deportees from the Straits Settlements arrived in the Colony yesterday on board the

s.s. Sirdhana and were marched, handcuffed, to the Central Police Station.

Fifteen of the Batch were poll- tical offenders and the rest eit er unemployed or criminals.

As It Insured? ?

Insurance —— All · Clauses LOWEST RATES"

American Asiatic Underwriters Fed Inc., U.S.A¡ General Agents

226 Head Ofco

Progue. Madrid Athens Bucharest Belgrade Shanghai. Hong Kong Silver Spot... Silver Forward; Warloan 32% British Official Wireless Service

Since last report the holiday sea son has been opening up both at home and in the U.S.A., and from these earlier indications, the situaBerlin tion in the cambrk and sheer goods seems encouraging, and there is! every likelihood of good quantities being taken up, provided stocks are available. In the housekeep- ing end, the same activity is not apparent, but the regular day-to- day business continues satisfac- tory, although the quantities are not up to anything like the normal. Those who have covered in advance ought to reap considerable benefit, as a definite advance, in all classes of these goods has now established itself, in spite of the fact that busi- ness has not been coming in to any very great extent

Dress Linens

The demand for dress linens and suitings is well maintained, but the price situation is more difficult than ever owing to the continued ad- vances in yarn market. Several substantial orders have been er- ranged, but merchants have been obliged to give customers the ad- vantage of any cheaper goods avail- able: Vat dyed goods are wanted, but prices are dificult to adjust.

HAD ONE BATH IN 40 YEARS

Zulu Dislikes

92%

An old rem: the Ne

1/5-1/16 1/9 1/16 24 9/16 24 11/16

109

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

NEW

COTTON EXCHANGE

TANGE INC. OF TRADE CANADIAN COMMODITY EXCHANGE, INC.

SPONDENTS FOR

COM NEW YORK

ICE HOUSE STREET HONG KONG:

80101Band 80108

H. K. Oca Asin Life

Building

Tel. 30234

LI BHU FONG Assistant Manager,

isilaca Harpára, T.?!

Be admitted solemn