1935-02-16 — Page 6

BANKS

BONG KONG AND SHANGHAI BANKING CORPORATION,

Kimberleed Capital

Sewed and Pully Paid-up

Beer Funda

Berling stardein 6,500,000 Miver 100,000

$600,00 20,003,000

Motorva Llability of Proprietate $30,000,000

---------

HEAD OPFICK HONAKOND,

BOARD OP BINECTORS,

Hon. M. 0. 0. 8. Mache

Chairman,

H. l, Thai,

Deputy ChairmaJA.

Hun, My, W, 11, Nett,

t. Compton, Key: Ruight. Pan.

¤, Miskin, Brg,

K. 2. Motion. Ent

T. N. Penton, King,

V. M. Grayburn, day,

Chit Munger.

HEANCHES

LOSIKIN

LYONS

JALAQUA

THE CHARTERED BANK OF

· INDIA," AUSTRALIA & CHINA.

incorporated" by Rayal Charter, 1858,

READ OFFICE: LONDON

Pald-up Capital

tanglah Batavia

THE CHINA MAIL, SATURDAY, FEBRUARY 16, 1935.

and

Commerce

Finance

SHARE MARKET

Weekly Report

Hong Kong, February 16. Mr. G. A. Harriman's weekly share report and market review issued at noon states:

Although the market was father sluggish at the opening, a fairly

NEW YORK STOCK EXCHANGE

Reuter Quotations

February 16.

NEW YORK STOCK MARKET

Gold Clause Decision Still Awaited

RUBBER STIMULUS NEEDED

In their market report. Messrs. S. E. Levy id Company, corres. pondents for Messrs. White Weld and Company New York state!——- "Stocks: Prices ruled steady.

CHURCHESE

FIRST CHURCH OF CHRIST, SCIENTIST

(Branch of The Mother Church. The First Church of Christ, Seien tist, in Boston, Mass., USA]·.

Macdonnell Road, Below Bowen

Road Tram Station. Sunday Service: 11.15 a.m. Subject: SOUL **

"

SPORT NOTICES.

THE HONG KONG JOCKEY CLUB

ANNUAL RACE MEETING, 1935 16th, 18th, 19th, 20th and 23rd

February, 1935.

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

WEDNESDAY 20th February, the first bell will be rung at 11a.m., and the first race will be run at 11.80 a.m. On SATURDAY, 23rd February, the first bell will be

The following quotations from New Switching continues from rall and The Sunday school is held on rung at 1.30 p.m., and the first race York have been received by Beuter.utility issues to selected industrials. Sunday Morning at 10 o'clock will bo run at 2 p.m.

Meanwhile, leas concern is being Wednesday Evening Meeting at, 6

The tiffin interval will be taken 11.00 shown by traders over the prolonga p.. Reading Room at above ad. after the fifth race on the first four 4.87% 4.874 4.87% tion in the Gold Clause delay. dress open Tuesday and Friday, 10 days.

Jarge volume of business was put NY/London through in investment issues dur-NY. Cotton

Last close 10.35

12.38 12.46

ENCLOSURE ·

With favourable, earning prospects am. to 12 noon, Monday, and MEMBERS BADGES AND certain companies are receiving Thursday, 5.80 to 7 pm. The Members are reminded that they more active attention, anch as Public is cordially invited to attend and their fadies must wear their Motors, Accessories, Canning, Gold, the service and visit the Reading badges prominently displayed

Reserve Fond

£3,000,000 .£3,000,000

Reserve Liability of Pro

prlotors

.£3,000,000

Agencies and Branches:

Lior Har

11ollo

Bangooti

Allar

Ipol

Salgón

Karach

Remarang

Klanz

Beremban

2, J. Akort, Kay,

1hereby

Kobe

Shanghai

Palruita

Konta

Sliepos

Cantee Canon

Lumpe

Villawan

Kurbine

BUNTARAJA

Caba

Madras

Taiping

Colorabe

Man

Testen

L

Delbl

Kadan

Toorkah

Mar

Halpbona

New York

(Elbuker)

Hamburg

Niclax

Icinglas

Honkow

(Pekin)

Yokhara

Harbin

TIDADE

Zambanga

Hank Hood.

fragaclad,

XPAKA LUMIJO

MTANGA

SINGAPORE

GUNGE PATANI

ORYOF

To Safeguard Your Valuables

and Jewelleries. ·!

Forel Exchange and General Banking businesection was active with Hong Kong. Wheat May 30 Furreal Anabunts opened and Fiend Bancale Trams changing hands at $20.15/25, melvad for one year or shortar parinda að rotor. which will be goolad sa application,

Hong Kong Electrics at $71, Tele- C. Corn May. 85% A. BREARLEY, -

phones (old) at $26.50/75, and W. Wheat, May 82% Manager.

Whürves at $112.. Hong Kong, 1xt. January, 1935.,

Hong Kong STOCKS Lands after changing hands at 860 Amer Smelting 34

Con Gas N.Y, were in demand at $49%. Dairy Du Pont Farma cased off with shares on Blee Band & Sh offer at $23.60. There was very General Motors 30% little change in the minor isstics. Int Tel & Tel

Loew's Inc Cements remained in demand' at Montgomery W. 20% $2.02% with sales effected 3 Nat Distillers. 27 $2.04/05. China" Lights fluctuated N.Y, Central 16 between 39.90 and $10.15:

Hotels Standard Oil NJ-404 xd 40% continued in request at $4.90 with US Steel sellera at $a. Providents (old); improved slightly with enquiries ali

ing the latter part of the weak: July and prices in general were 'very N.T. Rubber

Mar well maintained. The investment

July

12.20 12.39 12.44 12.46

13.14

13.11

13.16

13.44

13.43

13.46

07

July

RD

80%

85%

Silver, Rayon and Farm implements. Room. We anticipate such "Belectivity" to continue, though there is no general move in prospect: until the Gold

34%

18%

18%

18

04%

06

95

6

6%

313

91%

806

8%

874

33%

23

34

20%

26%

27%

27%

37

16%

40

35%

IMOY

MANGKUK

BATAVIA BIMBAY

CALCUTTA CANTON CHEFUR DOLOM HO DARKN

DOCHOW MADPUDING TEAM BUKI

BARKOW

HARBIN

BUNGEZW

MANEU

XPOR

MANILA

SETTAJU (Johor)

.YURDEN

NEW YORK

PELVING

PENANI RASTOUN

SAIUGN

SAN FRANCISCO

IQUORE

KOBY

OWLOCK

POURABAYA

TIENTKEN

IISUTAR

"YOKOHAMA

Curreas Account opend It Local Currency

cal Fiend thermite owly for one you or sharier periods to Las Company and Harlin on terms which will in quoted on eppileation. Hear Kong, 18th April, '1954.

HONG KONG SAVINGS BANK.

The the madent.

BANKING CORBATION.

SAFETY FIRST!

Depoelt them in a Vault that in really: FIRE-PROOF BURGLAR - PROOF DAMP-PROOF !

OUR SAFE DEPOSIT VAULT located

on the Mezzanine Floor of $1.30. Sterling counters were rather

34%

Clause decision has been handed

down. Business done:-730,000 shares.

+

"Greins: Industries and feeders were good buyers of corn. Whent: Total ales: 6.908,000 bushels, Corn: Total sales:-7,456,000 buя- hela,

L

"Cotton: The trade was easily ab

IMPORTED COTTON GOODS IN CHINA

Revision Of Tariffs Foreshadowed

Nanking.

throughout the Meeting,

No one without a badge will be ad- mitted to the Members, Enclosure.

Budges admitting non-members to the Members' Enclosure and. Club Rooms at $10.00 per day in- cluding tax or $40.00 Including tax for the Meeting (ladles $5.00 and $20.00 respectively) are obtain- able through the Secretary upon in- troduction by a member, such Mem- her to be responsible for all .chite,

*

The Legislative Yuan is under, etc. sorbing increasing March liquida-stood to be studying a revision of Badges admitting to Members" tion.

the tariff on imported cotton Enclosure will NOT be on sale at "Rubber: The market continues goods. It is learned that the the Race Course.

.

THE BOND RONG AND HANGRA structed to provide all of the im- quiet due to a further rise in ex- COMMODITY PRICES from trade news. Total sales: 297 with a view to protecting native Gloucester Building 3rd 105,

btained on application

Rister may be

FOR THE HONG KONG AND SHANGHAI SANRISU CORPORATION

V. M. GRAYBTIRN,

Chief Maunger,

Hong Kong, Meh February, 1984.

THE BANK OF EAST ASIA, LTD.

#wahorfoud, "Caps

d-up Capiti........

18,000,000.00

# 5.56),(2

Reieren gut. Undivided Pro#2,484, KON

་, *

HEAD OFFICE: HONG KONG

11. Do Yes Hd Central

BOARD OF DIRECTOR

Sir Show Chow, Chairman

14 Kona Clio, 2, 1. Kwok, Caq. Wank

Zva Tong. E. Chan Ching. Sirk, Tape Id ball

Our New building in Specially Con-

portant Qualitica,

You may obtain a Safe Deposit offer at $1520, but Unions could be

change; Hong Kong Banka being on

The following quotations have Box in this most up-to-date Vault for placed at $192. The tone of the been received by Reuter. your own use at a very moderate Reb

New York, to-day: ital.

Closing Closing

Inspection Cordially Invited,

THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice Home Street' and Des Voeux Road, Central

THE BANK OF CANTON, LTD.

Established 1912..

Read Office-Hong Kong.

Rap Erg Wong Chu Hole, agad Kan YoAuthorised Capital

2. Zay.

Amos

Dalyvin

Braba

Cientis @aaton

Ken Tag fo. Esqa, Chlid Msorgir,

LA Tre Fong, Jay, Hasinger.

BRANCHES AND AGENUIYA1-'-

Amit Ma

Becaraug

wuf !

New Yor

Ela

Pri

Bingapore borabaya Hualow

Phim

1'' Ch

Taiboku

Kabe

Itangoon

Titain

Kawkowe

saigo

Tokyo

London

Sap Fraccio

Vancou

Tokorator

Balphong Haukow Senalulu

Paid-up Capital

Total Resource

Branches: Cantan, Tolahan, Shanghai, Hankow, Bangkok & San Francisco. London Bankera: Lloyds Bank. Ltd.,

Foreign, Exebange. and Banking business of every discription trans- Reted.

Current Accounts opened and Fixed Deposits reemved for one year of shorter perioda at.rates which will be quoted on application.

Safe Deposit Hoxes (various sizes) Exchanger bire. bin transouled. Loan granted an approved

Kvary desamplłow D! Burkina

LOGE,POONG SJIAN.

no doubt influenced by the ap

been done at the following prices: May

Hong Kong Banks $1525/1530. Canton Insurances $260... Hong Kong Fires $226.

Union Insurances $19271⁄2/495. Union Waterboats $12. Antamoka 92/93 cts, Baguio Golds 41-ets.

Hong Kong Lands $50. Chinese Estates 393, Hong Kong Tramis $20.15/20.25: Star Ferries $992.

China Lights $10/10.10. Telephones (old) $25%/.

Hong Kong Electrics, $70/71. Hong Kong Docks $11. Hong Kong Wing On $105. Cemente $2.05,

Ints,

to lack any outside stimulus, apart present rate will be increased; The Secretary's Office, Floor, made cotton fabrics,Chekiai WILL CLOSE AT 10 am. ON THE "Flash: Carloadings for the week Agency.

FIRST FOUR DAYS, and at 12.30 ending February 9 totalled 593,000

pm. ON THE FIFTH DAY. Janits; an increase of 19,000 from Jast the corresponding period of [year."Reuter,

E. A. Pierce 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 state-

REGISTRATION OF FACTORIES

Over 500 On The Roll

At Nanking

Nanking.

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

On no pretext will children be

permitted in either enclosure dur- ing the first four days of the Meet jing, chega

"Stocks: The investment demand for selected industriais gave division a strong Bquidation in utilities continued on with the Ministry of industry up

PUBLIC ENCLOSURE that Over 500 factories and indus-Public Enclosure is $2.00 per day The price of admission to the undertone. but trial plants had been registered including tax for all persons in-

to the first week of February,cluding ladies and

payable at the

"Grains: Trading was moderate. according to statististic compiled Gate. The wheat and corn markets had by the Ministry. Of this num- Soldiers and Sailora in uniform

The firmness of ber, Tainan, Shantung, shows there admitted to the Public En- 13.77 Winnipeg was influenced by Mr. largest percentage, with Shangclosure at $1.00 per day including

McFarland's remarks in regard to hai

ranking

the carry-over. Dust storms have Agency. appeared in parts of the south-west." A further advance in hogs and the continuation of a good shipping. demand were the principal factors.

market at the close is quiet and is

prunch of the Annual Rave Meeting. New York Cotton:

Business, during the week bas Murch

*12.36' 12.44

12.41 12.50

July

12.44 12.52

October

12.36.

12.41

December

12.42

12.19

|January (1986);

.12.44

› 12:51

Spot

12,55

12.65

New York Rubber:

811,000,000 .. 8,655,000 $2,170,492

Gold Rivers 213 ̋ets,

Match

13.14

13.10

Haubs $7/7.90,"

May

13.28

13.24

legislative and rate uncertainties.

Wharves $112.

July

13.41

13.86

September

18.58

13.50

October

13.69

13.59

Arm undertone."

December

13.85

Chicago. Whent:-

May

July

September

9634 9714 89:4 904 87%

89

Chicago Corn:-

May

July

September

85 86% 7934

* 80% 767

77

Winnipeg Wheat:~

May July

82% 82

£3,000,000

New York Sugari- March

1,800,000 1,050,000 1,247,482

May

July

1.98 1.99 2.03

1.94/DS -2.00/00

2.04/06

BANKERS1

September

2.09

December

$2.15

2.09/09 2.15/15

BRANCHES:-

BRANCHES

Bangkok

hama, Keelung, Makong,

Japan:--Kobe, Osaka, Tokyo, Yoko-

Amatarosta

Antwerp thane

Те

Nanto,

Amuk

kow, Shanghai, Swatow.

China:-Amoy, Canton, Foochow. Ban-

Shoka, Shinchiku, Taichu, Tainan, Taito, Takao, Tamaul, Teen, Karenk Kagi, Helto, Giran.

The Hague Havana Harburg

HILD File Naples

Bombay

Spoti Handy

Now York

MATTHE

New York Silk:-

Join

nuk kibary ''

Pisaran

Kusi Lipi.

Paris

Galle

Kitto lastpapues

TRAFILM) Flan good thankbai

March

1.38

1.89

May

1.87

1.99

Berlio

Ha

Paisin.

Tong Koop

Fusion (Fabang), Siml

July

1.38

Bombay

Paieme

Kawruh

Jindra

Singapore

1.38%

Montreal Silver:-

Bran

Mala

Calcutta

Others: Bombay, Hong Kong, London,

Panter

Batavia,

Copenhagen Pubita FALABE Floritos Пепете

Reiserdam Bugge Bburgh Rihampe Bla

•Terminé

54.60

$4.90

55.30 ::.56.50

55.40

*Tokoba

os applicat500..

Munic

· Karich

Cuzeut Arenunte

speed is

Md Fised kujusita raodized for

Lousal Currend

shorter periode to oral and Foreign CurrencÍsa

te which will be quoted au application.

Cafe apoi Cholas Tot

KAN TONG PO.

Bong Kong, let Warch, 1984,

Clif Hanager. »

THE BANK OF TAIWAN, L'ID. Bead OfficeTalboku, Formona, Incorporated in Japan by Special Imperial Charter, 1899. Central Bank of Formosa, Notes

Issued Average amount Y.45,000,000|

Branches and Agencian.

New York, Singapore, Samarang. Soerabaya, Dairen,

after On and April 20th, 1034, the zate of Interest on Special Current Deposit will be at 14% pa. on daily balance and the rate for balance over $10,000 will be quoted on application (Maximum rate-1).

Y. OHNO,

Manager.

3. Des Voeux Road, Central,

Hong Kong Branch

Chief Manager.

TITE AMERICAN EXPRESS COMPANY, INC

Head Office:65, Broadway; New York

Capital Surplus Resrves

.U.S.$6,000,000.00

Heidelberg Intarlar Jarumalama London

Inverne Lugana Luxat Morelles Monte Carlo Manila

Montau

2,087,112.69 1,995,528.81

Branches of American Express Com pany in Principal cities of United States' of 'America and Canada.

All classes of Commercial Banking Fransactions undertaken.

Personal

THE YOKOHAMA SPECIE BANK handled.

LIMITED.

Established 1880

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

Ten.124,250,000

Head Office:-YOKOHAMA

Branches and Agensies at:

Nagaskk!

Alexandria

Batavia

Bombay

Calcutta

•New Y

York

Osaka Paris Canton

Peiping Dairen (Dalny). Rangoon Fengtien (Muiden) Rio de Janeiro

Ran Francisco Harbin

Semarang Hong Kong

Shangha Singapore

Hondlalu

Hainking

Seattle

Soerabaya Sydney Tientaln Tokyo

Investment, accounts

THE MERCANTILE BANK OF INDIA, LTD.

-HEAD OFFIUDI

15. Ürmonehurch Straat. London, L.0.8..

Authorised Capital

Subscribed Capital

Paid-up Capital

Reserve Fund & Rest

The Bank of England & Midland Dank, Lad.

Dahi

KUSO KONG, BRANCH '..

Every description of Banking and Exchange busi] March Ineer trasted.

Travellere Cheques issgrá,

May

Trustee and Executorships: ander July

taken.

INTEREST allowed on Current counts and September Fixed Deposits at Haton that may be sacertained

13. 2086," },

Maneget

7. Quia's Road Central,

Hong Kong, 12th June, 1984. -

THE CHINA & SOUTH SEA BANK;|

LIMITED

(Incorporated in China) Head Office .:Shanghai V Capitál .$7,500,000.00) Reserve

$1,500,000.00 Branches All Important Cities

in China Foreign Exchange and

Genera!! Banking Businesa transacted.

834 8212:

56.00 56:10 58.50

Cotton: The trade offtake con- tinues to be good, which is absorb-) ing amal southern, sales and scat-

tored liquidation for March. There was some replacing by longs, who recently sold.

that

next.Chekinitx

HONG KONG UNION

CHURCH

Annual Meeting Held Last Night OFFICE-BEARERS ELECTED

FOR YEAR

Bookmakers, Tic Tac men. etc. will not be permitted to operate. within the precincts of The Hong Kong Jockey Can during the. Race Meeting inch pathwa

Tiffins will be obtainable in the Restaurant

ant in the Public Enclosure.

SERVANTS' PASSES

1. 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 At the annual general meeting of removed from the enclosure.

By Order

"Sugar The market was firm on the movement in refined sugar. The spot, guotation atanda at 290, while there are sellers over figure. All refiners prices. are ad- vancing to 4.50, except those of the seat-holders of the Hong Kong! Union Church last night, regret at| American Sugar Refining Co.

Rubber: Quiet conditions pre-the impending departure of Mr. vailed. After a steady opening L., McPherson, M.B.E., next year, onl prices worked higher. The factors retirement, was expressed by Mr, J. were amall buying, while dealera W. C. Bonnar.

were the principal sellers against The following officers were elerted actuals.

Commission houses were for the ensuring year. good buyers. The London market Committee of Management:--

A

C B. BROWN, Secretary. Hong Kong, 11th February, 1996.

closed steady, but trading was dull. Messrs. W. McKenzie, V. Baxe Is It Insured? ?

"Flashes: The Annalist Index of P. D. Wilson, A. T. Hamilton, J. Business Activity this week is given McKellar, R. Bell, Dr. G.“ H. Thomas, us 88.0, as against 87.8 for last Mesdames W. Robertson, Key, Ban- |week. The automobile output in nar, C. H. Lamb, C. B. Brown, Mr. the United States for the past week N. M. Carrie (Hon. Treasurer), H.K. SHAREBROKERS' totalled 78,453 cars. Money in cir- Mr. E. Himsworth (Hon. Secre

culation increased by $23,000,000. tary),

ASSOCIATION

Stock Report

The following report was issued by the Hong Kong Sharebrokers' Association Festerday afternoon.

Bank of East Asia 890 h. Canton Insec $260 b," China Fires $470 b. H: K. Fires $225 b. Douglases $99% b.. Waterbouts $12% b.. Antamioka 98 cts. Big Wedge 11 eta, b, Gold Rivars 21 cts. b. 21

8212/214 cts. sa Haube $7,70 6.9 Vens, Goldfields $2.80 b. Realtys $4.65 b

The Company offers to futanding Travellers the use of ita «"Travalars| Cheques" and Letters of Credit and, In addition, the world-wide services

ista thoroughly equipped Travel De Carrent and Baving Accounts opened partment.

and Fixed Deposita received for one, year or shorter periods at rates which will be quoted on application.

An 800 Z. CHANG

Manager HONG KONG BRANCH: -24;- Des-Voeux-Road; Central-- Manager's QMen+Tel: 83585 Foreign Exchangs Dept.:::/88560| General Office

88567

·Canhior's' Offòa: **)

E. W. DUGGAN,

Manger,

THE WING ON BANK, LTD.

. HONG KONG

Authorised Capital $10,000,000

Foreign Exchange and Banking Business of overy, description transact

Lobe

London

Los Angeles

Manila Moji'

Ja

Current Accounts opened. Special Dapatite received at special rates, and Fixed Deposits received for one year for shorter perlod at rates which will

be quoted on application

Safe Deposit Boxas. (various) zixon)

PHILIP GOOKCHIN Chief Manager'

"Assistant Manager.

alikwad - on Uzrrent As for hire, t

elyik for fixed Teriods

rates to be obtained oti, application: E GOCKCHINKOW CHA

THE SHANGHAI COMMERCIAL, & SAYINGS BANK LIMITED: Meder (Incorporated. In Ching)

Capital paid Beserves Capital vings: Depi Донсте Savings Depi

BA-Bank having at.

Providents Old: $1.80 b Providents New 10 cts. b. Humphreya: $9.60 b.

Trams $20.20 h, $20,40 87 Peak Trams Old $8 b Star Ferries $941⁄2 XD 8. Lights #10.10 b., $10,20 Electrics $70 619 Telephones Old $25,70 b. Telephones New $10,80 b.

$2.05 b. 82.0714

cts.

Insurance All Classes ***** LOWEST RATES

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

Head Office

The Band Bhungbaf

"The New York Stock Exchange Ladies Committee:Mesdames P. announces that dealings in the D. Willson, Gerrard, Purves, Drome deta Studebaker old stock will be sus mond, R Bell, S. V. Boxer, K. 8. pended as from February 25, 1935. Robertson, W. Robertson,

Carloading for the week ending Phillips, Bonnar, C. B. Brown and February 9 totalled 598,000 units, C. Lamb.

an increase of 19,000 from the cor- responding period of last year Router.

Latest Quotations

The following quotations have been received by Reuter.

N.Y./London

Prov. To-day's

close close

cross-rate.

4.87%87% N.Y. Cotton May... * 12,41, 12.60 -- NY: Rubber May - 13.28 - 1224′′ Chicago Wheat May 90% 97% Chicago Corn-May 851⁄2 -- 864 Montreal Silver Mar. 54,604 55.30 Silver Official

Feb. 14 close Change 30 Industrials 102.05 10467 1:62 up 20 Rails

32.6182,7812 up 20 Utilition 13.04 16.61 18 of. 40 Bands 96.85 97.00 21 up 11-Commodity⠀⠀ 58.70 59.09 1.39 up,

10 Lending Stocks

Amer Smelting Aubarn

Cake

Elec Bond & Share

[General Möt

50%

81

S. E. Levy & Co.

7, ICE HOUSE STREET "

INVESTMENT BANKERS & PROK BAS.

MEMBERS:

NEW YOUR COTTON EXCHANGE

COMMODITY EXCHANGE, INC, NY. CHICAGO BOARD OF TRADE:

JADIAN GODITY EXCHANGE,“

H.K. Office Asin Lils Building TaL 30234

GVITAENNA AMBEU FONGELM