1935-02-14 — Page 6

BANKS

HONG KONG AND SHANGHAI

'BANKING CORPORATION.

koriand Captial

$40.800,000

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

* And Fully Paid-up ===== ,000,000 Incorporated by Royal Charter, 1858.

Kanarro Funds 2--

Bellag

£1,500,000

ver $10,000,000

Raberro Liability of Proprietors

› BOARD OF DIRKATORS. Hon. Mr. 0, 0, 8. Maskin Daizmas,

`8, II. Dudweit.' Himay Deputy Chairman.

G. Kiskin, a.

830.000,00

HEAD OFFICE: LONDON --

Paid-up Capital

HEAD OFFICE: HONGKONG.

Reserve Fond...

£3,000,000 £3,000,000

Reserve. Liability of Pro-

prietorn

.£3,000,000

Agencies and Branches:

Alor tine.

Iloilo

..angoon

Aries

1pai

Bangkok

Xarel

Het Mr. W. H._Ball

Delayin

KADE

Halwa Samarang Serwinbaa

As H. Deca pien, Das.

A. Morrice, Tog-

Boba

Koba

Sheerkal

T. E. Paron, Raq. *

Calcutta

Inala

*

Cente

Lanyar

Cawnpore

Zuckles

Deba

Madra

Oolombe Dela

Manila

Hadphone

New York

Priping

Telneto

(Paking)

Tokohama

Zamboangs

Knight, kaq..

J. M. Grogburn, Aug.

Chial Manage.

BRANCHES smu

LONDON

LYONS

AMOT

MANGKUK

RATAVIA

BOMBAY

CALOUTTA CANTON CHEFOO

COLOR DO

DATARK

FOOCHOR

MAIPHONO

DENISTA

BANKOW

KARAIN

MONGEW

ILOILO

LPOLE

FORE

KOWLOON

MALACOA

MANILA

MUAR (Jabars)

MURDEN

NEW YORK

PEIPING

PENAKO FLANODON

HALOON

BAR PRANG1500

SHALA LUMPUR

SINGAPORE

FOURADAYA

BUNE PATANI

TIENTAJN

TOKYO

TRINGTAO

YOKOHAMA

Current Accounts "opened in Jamoa) Ourianty 2nd Fixed Deponite racalted for com

shorter periods in Local Company at Harling

on sarma which will be quoted in application. Hong Kong. Uth April, 1521.

HONG KONG SAVINGS BANK.

The Business of the wwe Beak ir sagot. by the LUNG LONG AND SHANGHAI BAKEIND CORPORATION.. Bulen ny be whelped on application.

PUR THE HONGKONG AND SHANGWAI BANKING COSFORATION.

V., GRSTBURX.

Hong Kong, 26th February, 1984, *,

TAB

Hanken

Harble

Ban Thi

Tonnag

Kingspor BILAYER Bessbays Triplag. Tisztel Tongkak

Subteley Bichange sad Glasses! Caaking being

"Current Amounts opened and i Pisał. Daposite

THE CHINA MAIL. THURSDAY, FEBRUARY 14, 1935

Commerce and Finance..

BANK DIVIDEND

GENERAL MEETING SATURDAY WEEK

The Hong Kong and Shangha Banking Corporation's net profits for the year 1934, together with brought balance $3,462;728:10, forward from last account, .after paying all charges, deducting in- terest paid, and due, and making provision for bad and doubtful-ac- counts and contingencies, amount to $16,467,425.46,

The Directors recommend writ-

tecsired for the Just a shorter perinde at taleeling off Bank Premises. Account which will be quoted sa applications

A. BREARLEY. the sum of $1,000,000.

Manager.

Hong Kong, 1st January, 1835.

SAFETY FIRST! -

To Safeguard Your Valuables and Jewelleries. Deposit them in a Vault

that is really: ** FIRE - PROOF BURGLAR-PROOF DAMP PROOF !

OUR SAFE DEPOSIT VAULT ·

LOCAL SHARES.

TO-DAY”: QUOTATIONS,"

The following is the list of local sbare quotations Issued to-day:

After making this transfer, de- ducting the Interim Dividend of £3 on 13th. August per share, paid [Inst, viz.:-£480,000 at. 1/5= | $6,490,140.85, and remuneration to Directors, there remains for ap- propriation. $8,914,213.50, out of which the Directors" recommend. the payment. of a Final Dividend of 23 per Share, viz... £480,000 which, at 1/8, the rate of the day, will absorb $5,619,512.20.

The Balance $3,294,701.30 to be LOAS

located on the Mezzanine Floor of carried to New Profit and Our New building in Epecially Con- Account. structed to provide all of these" In- portant Qualitian

The Sterling equivalents of the Asseta and Liabilities are shown

You may ́ ́ obtain a Safe Deposit Box in this most up-to-date Vault for at 1/8%, the rate ruling on the your own use at a very moderate Ran-luat day of the year. tal..

THE BANK OF EAST ASIA, LTD. ·

"Authorised Capital

Paid-up Capital

at

$10,000,000,00

Latorre and Undieland Profile,£400.00

HEAD OF MONO LONG

14 До Раша Пока Coosenk

BOARD OF DIRECTORS—

Bit Shou-son Chow, Chairmant,

14. Book Chull, E., P. K. Kink, I

Wong

Is Toug, Yay, Chao Ching Rhuk, Erg, Li an

Jang, Zed. Wong Chu Bun, Yoq, and Kali Ylog

日

Balmatia

Kan Tong Po, Saq Chief MiniEN.

Li Too Four, Roq., 'Manager.

Sulphona Hankey Montilate

BRANODES AND AGENCIES:-

Melbourne

New York

CRE

l'aria Pelping

Pr

Balfou Bea-France ··

Bentle

Bemaran

Abangka

Singapore bourb

J

Thamiz Toky Vanalaries Telek Every description of Biokng and Exchang tracted. Lone grated so approved

Mourikian.

Darrent Accouble get to 'l Curren and Fixed Deposite repaired for your or shorter parinda in focal and Foreign Curres

Mema which will be quoted application. Bale. Depends Buses To Inc.

KAN TONG PO

Bong Aung, let March, 1994,

THE BANK OF TAIWAN, LTD.

.

Head Office:--Talkoku, Fermo, Incorporated in Japan by Special Imperial Charter, 1899,

Central Bank of Formosa, Notes

issued Average amount Y.45,000,000 |

Branches and Agencies,

Jayan:-Kobe, Osaka, Tokyo, Yoko- hama, Keelung, Makong, Nanto, Shoka, Shinchiku, Talchu, Tainan, Taito, Takao, Tamsul, Toen, Karenko Kagi, Heito, Giran. Chins:-Amoy, Canton, Fouchow. Han

tow, Shanghai, Bwalow. Others: Bombay, Hong Kong, London, Singapore, Batavia, New York,

Samarang, Soerabaya, Dairen.

On and after April 2011, 1934, the rate of Interest on Special Current Deposit will be at 1%% pa, on daily; balance and the rate for balance over 110,000 will be quoted on application:

Maximum rate-1%).

T. OHNO,

Manager.

Bong Kong Branch

8. Des Voeux Road, Central.

Inspection Cordially Invited: THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeux Road, Central

THE BANK OF CANTON, LTD.

Established 1912

1

Head Office-Hoor Kong,

Authorised Capital

Paid-up Capital

Total Resources

$11,000,000 8,655,000

The annual general meeting of shareholders will be held in the Board Room of Messrs. Jardine, Matheson and Co. Ltd., on Satur- day, February 23 at 11.30 am..

NEW YORK STOCK MARKET

82,170.02 Delay Over Gold Clause

Branches! Canton, Tolahan, Shanghai,

Hankow, Bangkok & San Francisco Decision Checks Trading

London Bankers: Lloyds Bank, Lid,

Foreign Exchange and Banking businen, of every discription tranin- incted,

.

RUBBER MARKET FIRM

Current Accounts opened and Fixed in their market report, Messrs. Deposits recessed for one year or S. E. Levy and Company, corres Phorter periods at rates which will be pondents for Mesara. White Weld quoted on application.

Safe Deposit Boxes (variqus" sizes) for hire.

LOOK POONG KHAN,

Chief Manager.

and Company New York state-

"Stocks-We continue to feel that there is not much prospect of any change in the market for the present, and still hold the view that trade news will exert a greater influence, when the Gold. AMERICAN EXPRESS COMPANY, Clause question is settled. Busi

THE

INC.

Head Office-65, Broadway, New York

Capital

Surplus Resrves

Athana Akibat Boalse

Banks.

H.K. Bank $1525 n.

TARIFF CHANGES

FORESHADOWED

FOR KWANGTUNG EUROPEAN GOODS TO PAY MORE

NO INCREASE IN DUTIES ON

JAPANESE IMPORTSTE

[From Our Own Correspondent)

... Canton, To-day. While the Customs authorities [here' maintain "their" usual (i ne«

H.K. Bank (London) £180. ex. ticence, it is reported that the pre- |

sent import and export tariff div. n.

will be replaced by a new scale on

NEW ADVERTISEMENTS

BANK HOLIDAYS.

SPORT NOTICES.

THE HONG KONG JOCKEY CLUB

ANNUAL RACE MEETING, 1935. 18th, 18th, 19th, 20th and 23rd February, 1935.

O

N SATURDAY, 16th, MONDAY 18th," TUESDAY 19th, and

THE EXCHANGE BANKS will open at 9.30, a.m. and will close at 12 Noon for the Trans- nction of Public Business on MON- DAY, TUESDAY WEDNESDAY, WEDNESDAY 20th February, the the 18th, 19th & 20th. February, first bell will be rung at 11 am, 1935, (Race Meeting),.

and the first race, will be run at Hong Kong, 18th February, 1985. 11.30 a.m. On SATURDAY, 23rd February, the first bell will be rung at 1.30 p.m., and the first race will be run at 2 p.m.

PUBLIC AUCTION

ARTICULARS, & CONDITIONS! of the Sale by Publle Auction

PA

*

The timin interval will be taken after the Afth race on the first four days.

MEMBERS BADGES AND ENCLOSURE Members are reminded that they

higher, while the reported increase to be held on MONDAY, the 25th and their ladies must wear their badges. prominently displayed en Japanese goods has been aban- day of February, 1985, at 3 p.m., at

the Offices of the Public. Works throughout the Meeting. doped.

No one without a badge will be ad- Department, by Order of His Ex- goods is aimed at protecting Chino Crown Land near Kowloon City to the Members Enclosure

Badges admitting "non-members ese industry. There is an excep in the Colony of Hong Kong, for a

(Continued on Page 11)

The higher tariff on imported cellency the Governor, of one Lotmitted to the Members' Enclosure.

LOCAL DOLLAR· STEADY

Silver Prices Unchanged

Chartered Bank £15 n. Mercantile Bank, A. & B. 51% n. and after March 1. Import duties on goods" from Europe and the Mercantile Bank C. £183⁄41⁄2 'n.

United States will be plightly Bank of East Asia $90 1.ṭ* Am: 0. Finance Corp,, Sh.$20 n China Q. Fin, Ord., Să. $1.80 n. China G. Fin. Pref Sh. $41⁄2 2.

Insurances. Canton Ins. $275:n.^^ Union Ina. $49211⁄2 b. China Underwrites $1.40 b. China Fire Ins. $490 n. H.K. Fire, Ias. $22714 n. International Aasce. Sh. $5.

Shipping. Douglases, $39% 6. H.K. Steamboats, $71⁄4 n. Indo-Chinas (Pref.), $80 m. Indo-Chinas (Def.). $88 n. Shells (Bearer) $50/71⁄21⁄2.n; Union Waterboats $12 b.

Mining Antamoks 92 cta. n. Balatocs $41 n. Baguio Gold 39 ets. b.' Benguet Consolidated $141⁄4 n. Benguet Exploration 18 ets. n. Benguet Goldfield 10 cts. n. Big Wedge, 10 cts. n. Gold Creek 381⁄2 cts. n. Gold Rivers 23 cts. s. Ipo Mining $1 n. Itogans 42 cts. n. Salacots 16 cta. n. Kallan 18/9 n.

Langkats (Single) Sh. $16 n. S'hai Exploration. Sh. $5 n. S'hai Loans, Sh. $6 n. Raubs $7.60 b., $7.90 a Venz; Goldfield $5 : -

Docks, etc.

H.K, Wharves $112 n. H.K. Docks $111⁄2 n. Providents (old). $1.20 h. Providents (new) 30 cts, E. Hongkowa, Sh. $809 n. New Engineerings.Sh. $5.80 1. S'hal Docks, Sh. $120 n.

Cotton Mills, Ewo Cottons Sh. $8.90 n. S'hai Cotton (old) $74 n." S'hai Cottons (new) $45.n. Zoong Sings Sh. $9.80 n. Wing On Textiles, Sh. $55 ¤.

Lands, Hotels, etc.

no

H.K. and S. Hotels $4.90 b. H.K. Land $50 n!

ness done:-300,000 shares, .. "Commoditien-There was outside pressure, which limited outright March liquidation, most „U.S.$6,000,000.00"|longs transferring their commit-

2,087,112,69 ...... 1,995,528.81

BRANCHES.

Àmerosos

How

MIJAN

Antea..

Close

Nice

The Hague

Naples

HAYLEA

Pirate

Hamburg

Paris

Berlin

Palpin

Bombay

Halde borg

Piles ins

Bronten

Interlakes

Rotterdam

Reseals

Vermalam

Cairo Catrulle C Colombe Copenhagen

Londoo

Publie Edinburgh Tiesus QIRATE

„Liverpool-

Lucerne Ingade

Las

• Marsilion

than Bingh

R

Singapor Tantala

Fromine

Vianne

Monte Carin

Finder

this

Zurich

Munich

Montevan

ments to distant options. Traders showed marked. healtancy in mak- ing any new commitments in stocks and commodities, which is checking advancės. ·

th

E. A. Plerce And Co.'s Report

In their market report, the American Oriental Finance Cor- poration, correspondents for Messrs. E. A. Pierce and Company of New York atate:-

Branches of American Express Com-] pany in Principal cities of United THE Etates of America and Canada.

All classes of Commercial Banking Fransactions undertaken,

"

Personal Investment accounts

THE YOKOHAMA SPECIE BANK handled,

LIMITED.

Established 1880

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

Yen.124,250,000

}. Head Office:==YOKOHAMA -

Branches and Agencion at: Alexandria

Batavia

Barlin

Bombay

Calcutta

Canton

Narusaki

Nagoy

Osaka

New York

Paris Peiping 'Daizon (Dalay) Rangoon Fongtian (Mukdea) Rio de Janeiro

Harbin

Kong Kon

Honolulu Hainking Karachi Kobe London

San Francisco

Seattle

Semarang

Shangha

"Singapore

Soerabaya

Sydney Tientsin Tokyo Tringtan

Los Angeles

Manila

Moji

Intarpat

on.

UNITEnt

Greurbrod for" "fixed]

F

(Continued on Page 10).

CHINA & SOUTH SEA BANK.

LIMITED

(Incorporated in China) Head Office.Shanghal Capital

Reserve

"Branches

..$7,500,000.00.

$1,500,000.00

All Important Cities in China The Company offers to' intending

Foreign Exchange and General Travellers the use of ita" "Travelers Banking Business transacted. Cheques" and Letter" of Credit and, Current and Saving Accounts opened addition, the world-wide services and Fixed Deposits received for, ene its thoroughly equipped Travel De year or shorter periods at rates which partment.

will be quoted on application.

BOU Z. CHANG,"

Manager. HONG KONG BRANCH: 24, Des Voeux Road, Central. Manager's Office Tel. 3856S Foreign Exchange Dept. 83665 General Office

83567 Cashier's Office

38569

E. W. DUGGAN,

THE WING ON BANK, LTD. HONG KONG

Authorised,Capital $10,000,000,

Foreign Exchange" and Banking Bakinean of every description, transact" ed."

Current Account opened, Special Deposits received at special rates, and Fixed Deposits received for, one year for shorter period at “ratm which will be quoted on application*

Safe Deposit Boxes (various size) As for hire, A

PHILIP COCKCHIN Chior Manager

rates to be obtained on application. L. GOCKCHINENCE

10 Assistant Manager

ASR SAELI SHU FONG

ག

THE SHANGHAI COMMERCIAE &SAVINGS BANK LIMITED- (Incorporated in China) Capital gald up "Reserves

Capital Sav Reserve Bay)

A Bank having an.

Industrial development

| and the fosterlar of hier

cial relations moron.

The local dollar remains steady, opening on demand this morning fat 1/914.

Spot and forward silver prices also remain unchanged, being (quoted at 24-7/16 and 24-9/16.

respectively.

The London on New York croaa- rate was quoted at £-U.S.$4.87%, as compared with £-U.S.$4.80%

The New York on London rate was quoted at £U.S.$4.88.

NEW YORK STOCK

EXCHANGE

S. E. Levy And Co. And A.O.F.C. Quotations

The following quotations from Now! York have been received by Messra 5. E. Levy and the American Oriental Financa Corporatión. "

July

C. Corn May 83% W. Wheat May 82 STOCKS:-

Last.

N.Y./London N.Y. Cotton

Маг

clono 10.15 11.00

4.88% 4.88 4.88

X

July..

12.32 12.31 12.31 12.40 12.98

12,40

N.Y. Rubber

Mar.

· 12.00

19.00

July

13.38 18.27

12.00 13.29

CWheat May 96%

00%

894

20

84

825%

Amer Smelting 34%

344 Con Gas N.Y. 18% 18% 18% Da Pont

94%

34

03%

Loew's Inc

32%

Int. Tel & Tel 9

304

Elic Bond & Sh 4% Montgomery W. 26% Nat Distillers

27

26 27% 18% 40%

H.K. Land 4% Debentures 101% General Motors 31% 80%

b.

Shanghai Lands Sh. $22 n.

and

term of 75 years, commencing from Club Rooms at $10.00 per day in- 1st July, 1898 with the option of cluding tax or $40.00 including renewal at a Crown Rent to be axed tax for the Meeting (ladies $5.00. by the Surveyor of His Majesty the land $20.00 respectively) are obtain- King, for one further term of 24able through the Secretary upon in- yours less the last three days troduction by a member, such Mem- ber to be responsible for all chits,

thereof.

PARTICULARS OF THE LOT.

Lot No. 235

Registry Kaj

Locality.

Boundary

2

the

F

W.

The İnhout

ZWLSIKEL ĮVARKY - |

||dm|| par [98]a | plan,)19,518] 254

4. Upest Frien

etc.

Badges admitting to Members" Enclosure will NOT be on sale at the Hace Course:

The Secretary's Office, 3rd Floor, Gloucester Building, (Tel. 27794) WILL CLOSE AT 10, a.m. ON THE FIRST FOUR DAYS, and at 12:30, p.m. ON THE FIFTH DAY.

A limited number of tins will be obtainable each day at the Club House, provided they are ordered in advance from the No.1 Boy, Telephone No. 21920.

On no pretext will children be permitted in either enclosure dur- ing, the first four days of the Meet-

THE HONG KONG GROWLDON TE

WHARF & GODOWN CO, LTD.

PUBLIC ENCLOSURE The price of admission to the NOTICE TO SHAREHOLDERS. Public Enclosure is $2.00 per day. including tax for all persons In- THE FORTY-EIGHTH ORDINcluding Judies and is payable at the TARY ANNUAL MEETING Gate.

OF SHAREHOLDERS will be held Soldiers and Sailors in uniform at the Office of Messrs. Jardine, are admitted to the Public En- Matheson & Co., Ltd., on THURS-closure at $1.00 per day including DAY, the 7th March, 1985, AT tax.. NOON, for the purpose of receiv- ing the Report of the Directors and will not be permitted to operate the Statement of Accounts for the within the precincts of The Hong [year ended 31st December. 1984. Kong Jockey Club during the Race"

Bookmakers, Tic Tac men

etc.

Tiffins will be obtainable in the Restaurant in the Public Epclosure,

The TRANSFER BOOKS of the Meeting Company will be CLOSED ·from FRIDAY, the 22nd February, 1935 to THURSDAY,. ''the 7th2 "March, 1935, both days inclusive.

By Order of the Board of

Directors.

F. H. CRAPNELL, Secretary. Hong Kong, 14th February, 1935.

night between 5.30 p.m. and 10.30 p.m. Silver Spot 24-7/16 (last close), 24-7/16 (last reed), unchanged.

Silver Forward 24-9/16 (last close),

2944

1634 1614 Metropolitan Lands Sh. $12.20 n. NY. Central

Standard Oil NJ Humphreys $10 D.

40%

49% US. Steel · 36 ·

38% The following quotations from Lon-24-9/16 (last recd), unchanged don were “received in our office last

H.K. Beatles $5.10 n.

Asia Realties "A", §h. $100 n. Asia Realties "B" Sh.$17 D. Chinese Estates $93 n.. China Realties Sh. $10.60 n. China Debentures Sh:$128 n.

Public Utilities H.K. Tramways $20.10 n. Peak Trams fold).$8% n. Peak Trams (new), $6 n. Star Ferries 894 n. Yaumati Ferries $22 n.

C. Light $10 b., $10.15 s., $10.05)

H.K. Electrics $70% b., s. and sa. Macao Electrics $25 n. Sandakan Lights #8 n. Telephone (old), $251⁄2 b. and sɛ. Telephone (new) $1012 b. China Buses Sh. $12.40 n. Singapore Traction 7/8 p. Singapore Pref. 18/-

Industrials

Cements $2 b

X*X**X XERXBAR SE KUR IZ J

gone

Everything

BUT YOUR

SAVINGS

RENT

FOOD

་་་

CLOTHING

HEAT

Malabon Sugar 383% n. Cald: Madg. (Ord.), Sh. $21 n. Cald: Macg. (Pref.) Sh$18.

TAXES

Canton Ices $2

b.

WATER

CHITS

SAVINGS

H.K. Ropes $3.80 8.

- Stores, etc.

Dairy Farms $24.

Watsons $4% n."

Lane, Crawfords $8.75 n. Mackintoshs, $21 n. Sinceres $8 në

Wm. Powells, 70'cts. n.- Wing On (H.K.) $105 'z.

» Miscellaneous, H.K: Amusements $1.85'.. Entertainments, 371⁄2 Be 8.0. Enterprisea $1.85 Macao "Greyhounds,” $2 n. Constructions (old) $1.85 n. Construction (new) 48/cts. b... Vibro Filing 35 m.

Ch. Govt. 5% 1928 G#Bds

HK Govt 84% LORD,

prem, be

H.K Govt 81⁄2 % Loan

Wallis HärpeEE'S

SAVE SOMETHING

START NOW

UNDERWRITERS SAVINGS BANK

FOR THE FAR EAST,

Silver Ropart:There was no special feature in evidence. Market quietly steady.

,142/4 (last

Gold 142/21⁄2 (last close), recd), 1% up (change),

London/N,Y. Selling Rate 4.8812 (last close), 4,8806 (last recd), 0005 down' (change),

London/Paris Selling Rate 74.15 (last close), 74.15 (last reod), unchang- ed.

Liverpool Cotton-Maul 6.74 (laet close), 6.71 (last recd), 04 dow (change).

'SERVANTS' "PASSES Passes for Servants will be issued on application to the Secre- tary, 3rd Floor, Gloucester Buil- ding.

Any persons found loitering with Servants passes in their possession will forfeit the same and will be removed from the enclosure.

By Order

C. B. BROWN, Secretary. Hong Kong, 11th February, 1935.

Insured? ?

Insurance All Clausės LOWEST RATES -

American Asiatic Underwriters Fed. Inc., USA. General Agents

Liverpool Wheat-May 4/10% (last] close), 4/10% (laat reed), unchanged.

London Rubber-July-Sept." (buyers) Head Office [8% (last close), 6% (last recd), un-

changed.

London Rubber-July-Sept. (sellers); |6-11/16 (last;blose),',6% (last, recd); 11/16 up (change).

London Rubber at noon (buyers) 6 (last reod).

17, The Band

Shanghal

AD

S. E. Levy & Co.

ACE HOUSE STREET

BANKERS & BROKERS

NEW YORK COTTON EXCHANGE

EXCHANGE; ING. N

CHICAGO BOARD OF TRADES

CANADIAN COMMODITY EXCHANGE), INC.

NDENTS

H.E. ONce“ Ada Life, Building

Tel 30234