1935-03-06 — Page 6

THE. CHENAR

BANKS

HONG KONG AND SHANGHAI

···BANKING CORPORATION

Authorised Capital

$50,000,000 Issued and Fully laid-up. 20,000,000 Reserve Funda;~

Sterling £6,500,000 Silver

$10,000,000

Reserve Liability of Pro-

prietors

THE CHARTERED BANK OF INDIA, AUSTRALIA}& CHINA... Incorporated by Royal Charter, 1858.

· HEAD OFFICE). LONDON,»

{Paid-up Capitali

20,000,000 Reserve Liability of Pro-

HEAD OFFICE: UONGKONG.

DOARD OF DIRECTORK.

9. 11. Town, K +4.

Chadema

10 G. Knight Ruq, - Deputy Chair,

W. H. Bell, Esq. K. S. Morrison Esq

A. H. Compton Esq...

Reserve Fund. 1

prietors

| Ajar King Artiene Bangkok

Baby Üleurs

$3,000,000 $8,000,0004

8,000,000

Agencies und Brancheni -

tolla

Iladg

Rangoon - Belgen Batarang? Beramba Shanghai Blagspore

Commerce and

Finance

H.K. ELECTRIC

$2.50 Dividend To Be

· Recommended:

m

Hon. Mr. J. J. Paterson, be

Hon. Mr. C. G. 9. Mackle,

G., Miskin Esq., T. E. Pearce Esq.,

MOT MANOKOK BATAVIA ROMBAY

DALOUTTA

BANTON

DIY COLOMBO DAIBEN

HAIPHONG

ПАМБОНО.

NTSTOR

HUNTER.

BRAN

JOB

KONF

V. M. Ghurn, haq- an

ZÓN LAON JAL

Ohlal Manager.

BBANCHES:-

-KUALA LUMPUR

LONDON

BRUKT

MALACCA

MANILA

MUAH (Jobore?

MUKDEN

NEW YORK

PEIFING PENAXO

RANGOON

BAIGON

SAN FRANCIBOD

BHANGHAI

KINGAPORE

SURABAYA

RUNDE PATANI

TIENTSIN

TOKYO

TNINGTAO YOKOHAMA

• Bura Acquale apened in 70cal Currency. caited Deporte road for one your of

beris pariods-in-focus Company and Starting

teren blch #1) be granted on appli Hong Kong, 25th February, 1935:

HONG KONG SAVINGS BANK:

Tusiness at the above Bent la pondusi

the HONG KONG AND BUANGHAI Hulse may be WANING CORPORATION,

YOU THE HONG KONG AND VELANGHAI BAKING CORPORATION

Wine application.

7. N. ORAYAUAN,

chill'Unse

Hong Kong, 25th February, 1985,

THE BANK OF EAST ASIA, LTD.

Authorised Captai

Plug Capital...

„$10,000, B04.00).

3,598.00

re and Undly Prote$2,400.00

HEAD OFFICY :—BONG. RONG.

11. Den aus Bood Central

BOARD OF DIRECTORS (—

B Bhu Chow, Chairman.

Chuu, g, P. E., Ewok,

Wor

Jen Toat, Fag ban Oblog Busk, Esq. 14-Las Ja Tag, Wong Chu Bon, Eng van Ting

Kan Tong Po, Fe... Chlat Vanague, In The Forg. Enu, Mazagwi BRANCHES AND AGENDER2, 3000

Mantis Melbourne

Bateria f

Bonbag

Dali

Miphon -

·Hankow

Hells.

Kaha Kewloon

Hagment! New York,

Deake

Parle

Palpivi Patang

Природа Kalgoo

Yen

Every description

netrauskotzé.

Fi

Current About

Francisou

ملوا جمنا

Barang

Bisanpora

· Kourtanja

Becker'

mrdney

Taikos

Tianlain

Tokza

Vancove Yokoka

of Dancing wist · Brokanga

Los grated· pe approved

Opeld in "ired Our

und Flied Teposita received, low cas

shorter beton""

20 ME

I.peal and...Vorsign Currencies

Die

Halping Hamburg

Farbin

Doug Boog

Latim patr Kuching Hadrag

·Mardis Medag New York Palpling..

THORUE

Bourbey's Talpin Tientsin Tongkak

{Bhutor]) Talagian Tokohama Zamboang

Forsip Bromage and Ornest Banking busia

transla

At the Annual General Meeting of the Hong Kong Electric Co., Ltd., which will be held in the Company's office on Wednesday next at 11 am, a credit balance of $2,005,908.42: will be submitted: The directors will recommend that: a dividend of $2.50 per share on 450,000 shares, be paid, absorb

Correct Ambala opened, and Fixed Deposing $1,125,000, and also a bonus.

received for one year or shorter periode ak Whith wid he quoted on applicationgi

A. BREARLET.

Manager Hong Kong, Int. January, 1995.

on these shares of 50 cents per share, absorbing:$225,000. They will further recommend that a sum of $500,000 be added to the re- serve account, and that $155,908.42

THE "BANK OF CANTON; LTD: be carried forward to the next ac-

Established 1912

Head Offer-Hong Kong..

Authorised Capital *.

Paid-up Capital Fotal Resources

$11,500,000 8,655,000 82,170,499

Branches: Canton, Tolahan, Shanghai, Hankow, Hangkok & San Francisco, London Bankers Lloyds Bank Ltd

count.

LOCAL DOLLAR DECLINES

Two Drops Reported

Foreign Exchange and Banking The local dollar has again declined,

| business - of- every discription: trans- and the closing rate was quoted at

ted

1/11%..

Current Accounts opened and Fixed. The official opening rate was Deporits received for one. JOST

OT

LOCAL SHARES.

TO-DAYS QUOTATIONS.

NEW YORK STOCK MARKET

Almost Entire Lack Of Buying

INDUSTRIAL ISSUES NOW AT

SUPPORT LIMITS~~

In their market report, Mesars,

ADVERTISEMENTS

HONG KONG PHILHARMONIC

SOCIET

HIAWATHA

LAMMERT BROS.

L

AUCTIONEERS, AFFRAISKRA AND SURVEYORS"

Public Auctions

RE" undersigned, have received Instructions to sell by Pubile

8. Les huid Company, corres CHINA FLEET CLUB THEATRE AUCTION

The following is the list of local pondents for Messsa. - White Wald share quotations issued to-day;-- : |and Companyi New Tork states

Stocks: Political and monetary Banka

business suncertainties continue ». to weigh Beavily on the “märket A ribata complete lack of buyingsin nterest was evident, with industrial

H.K. Bank $1810 b.

H.K.-Bank (London): £130-n. Chartered Bank $154 n Mercantile Bank A. & B. $8134 Mercantile Bank C: £1311⁄2 n. 6 Bank of East Asia 8861⁄2 a Am: 0. Finance Corp., Sb.20 China'0. Fin. Ord., Sh. #1.80 n. China O. Fi Pref Sh. $43⁄41⁄2 n.

[Ingurances, Canton Inc. #260 °n."· Union Ine $415

China Underwriters $136 n.' Chins 'Fire Ins. $490 n. - H.K-Fire Ins. $213 b.; $215`sa. › International Anses. Sh2 35 'n

Shipping.**

Douglases $391⁄2 1.** H.K. Steamboats, $71⁄41⁄2^ma Indo-Chinas (Pref:), $801n. Indo-Chinks (Daf:), $83'n. Shells (Eearer), 50/71⁄2 m. Union Waterboats $121⁄2 n.

Mining,

Antamoks. 88; cts. n. Balatoes $49 n.”~,

shorter periods'nt rates which will de 1731%, 'an advance of a on yester: Baguio Gold-88 cts. n.'

qupted on application."

day's closing rate, bud half an hour

Safe Deposit Boxes (various) later the dollar declined 4 and

for hirs.

LOOK" POONG. SHAN, -

Chief Manager

SAFETY FIRST! To Safeguard Your Valuable

and Jewelleries. ・・ Deposit them in a Vauli that is reallyi FIRE PROOF. · BURGLAR PROOF

DAMP PROOF OUR SAFE DEPOSIT VAULT

located on the Mezzanine Floof

Our New building is Specially Con structed to provide all of these "Ime portant Qualities.

You may obtain' a Sáfe' Deposit |Box-in tali most up-to-date Vault fot your own use at a very moderate Han

taln

Inspection Cordially Invited.. THE NATIONAL COMMERCIAL

& SAVINGS BANK, LTD.:

· Corner of Ice Hours Strest, and 2%

Dén Voeux Road, Central'

THE

finally closed at 1/11%,

Spot "and forward silver prices also declined, being quoted at | 26-13/16° and 26% respectively.

The London on New York cross-

rate was quoted at £U.S.$4.7735 as compared with £U.S.84.754. while the New York on London rate was quoted at 4-U.9.$476, as com- pared with &U.S.$477.

RAW RUBBER PRICES

Latest Quotations From

Singapore

Messrs. H. B. Joseph and Com pany, have received the following Straits currency; quotations" from Singapore for Raw Rubber. Spot: -20% down %. April-June-21 % down July-Sept 23 -down %.

Market:Steadyi',.

Rubber Shipments from Malaya for the month of February 'were

Larms chich will be opp AMERICAN EXPRESS COMPANY, 50,595 tons,

Bais Deponi Bozes To Las.

KAN TONO PO.

Chial Manager.

THE BANK OF TAIWAN, LTD.

Head Office-Talhoku, Formosa, Incorporated in Japan by Specia) Imperial Charter, 1899. Central Bank of Formosa, Notes

Issued Average amount Y.45,000,000

Branches and Agencies, Japan:- Kobe, Osaka, Tokyo, Yoko hama. Keelung, Makeng, Nanto, Bhoka, Shinchiku, Taichu, Tainan, Taito, Takao, Tamsui, Teen, Karenko. Kagi, Helto, Giran. China-Amoy, Canton, Forchow, Han-

kow, Shanghal, Swatow, Other Bombay, Hong Kong, London, New York. Singapore Batavia, Famarang, Soerabaya, Dairen. On and after April 20th, 1934, the on Special Current rate of Interest

Deposit will beat.11⁄2 p.a. on daily } balance and the rate for balance, over $10,0nn will be quoted on application

Maximum rate:1);

Y. OHNO

Banager.

8. Des Voeux Road, Central.

Hong Kong Branch

J

INC.

Head. Ofees-55; 'Broadway,

Capital Surplua Reserves

New York

.1.3.$8,000,000,00

BRANCHFB:

Estre Beidelberg Unterlakenn Isruraians Landor Idvorpock

2,087,112.63 1,995,528.31

THE MERCANTILE BANK OF. INDIA, LTD.

HEAD OFFICE:

15,--Graceehlach Streek, London, 5.0.4. Authorland Capital 28,000.000 Subscribed Capital- .... 1,800,000: Paid-up Capital...

1,050,000 Reserve Find & Rest- 1,247,482 HANKERS:

The Bank of Bagland à Midland : Bank, · Líð,

BRANCHES "Bangkok

Hw York

Amaláras Api

Glenos Glasgow

Alban

The Range

(Milan

Kaplan

Aura

J

Hamburg

Berlin Bombay Be Bela Calre Celosia.

..

Palpik Pale mo Retardand Bom Bbyoghal Bowinarydon Bingapore

Dell20 Galle

Now

Lusaka #

Marcolike Voole Carle

Henry

Venlos

Yokoka

Manick

Yorick

Colombe Copenhagen Publia Edinburgh Florenc GODAVA

السوي

Mostreck

Tereta Taormina

Kandy

Kuala Lipis

Bangoon Kuais Lar "Kasyśma (Pabang!" Simla

-

HONG KONG BRANCH rigins of Banking and Exchange bud Travellers Chagung Jamuna,

„Trustee and” Exsentorships""" undék" Ita konzulki KUKA

SEINTEREST - Allowed son - Currand " Anponad Pizað · Depardie'as Katie that may 'ba''incertafand on 'application.

B. BOBG,

Branches of American Express Com-Belon pany in Principal elties of United Etates of America and Canada,"

. Qusan's Hood · Denimui; z- Hong Kong 12th June, 1936. S

Benguet Exploration 15 cts. n. Benguet Consolidated $id n.

Benguet Goldfald 10. ċts, m.' Big Wedge, 10 stk na Gold Creek 88%1 ́eta. n." Gold Rivers 22 ets. n.

Ipo Mining $14 n. Itogans 42 etsiin. Salacots 10 cts. n. Kailan 17/6 ne

Langkath (Single)' Sh. $18 'i S'hal Exploratiồn Sh.` 35 'n. S'hat Loans, Sh. 36 n. Raube $5

Vens; Goldfield 25th.

Docks etc. H.K. Whatves' $110, 'h. HK Docks $1134 1 Providents (old) $1.20 sa. Providents (new) 20 cts.

cta sa bay

Hongkewe, Sh. $309 n. New Engineerings Sh; $53⁄41⁄2 s. S'hal Docks, -SM.• #120`a.

Cotton Mills

Ewo Cottons SH! $8.80`h.° S'haf Cotton (old) #74 h. S'hai Cottons" (new) $45′n. Zoong Sings Sh: $9.80 n." Wing On Textiles, Sh. $55 n.

Lands, Hotels” etc. “ H.K. and S. Hotels $5.05 nà H.K. Land $451⁄2' ex. div. n.

· H.K. Land««4% Debentures

Issues now approximately at technt cal support limits, the breaking of which might Induce more to active liquidation. The Interstate Come mission ruling on the railroads plea for increased rates is likely to be announced this week, Business

To-morrow Night: Admission $3, $2 & 11 phin tax s Booking Now Open

at ANDERSON'S TONIGHT Free show Yor Service Men

FRIDAY, the 8th March 1985,

commencing

at their Baloo Tà 2 Düiddell Street

A Quantity of!

VALUABLE HOUSEHOLD

BRACE FURNITURE Comprising

Hatstand with bevelled mirror, Side board with bevelled mirror,

leaves, Chatra and Armchairs, Tea

PUBLIC AUCTION- Dimer waggon, Dining table with

TH

done 900,000-shaireny NAN BA HE undersigned have received poys, Bedstead, Wardrobes with instructions to sell by Publie bevelled mirrors. Dressing tables

| "Grains: We!think that; the feår}

of the volume of Argentine imports Auction is greatly exaggerated; Total sales: Wheat: 8,615,000 bushels) Corn: 5,885,000 bushels,

(Continued on Páye 11)

NEW YORK STOCK-

EXCHANGER

ON

MONDAY, the 11th. March, 1935,

commencing at 2.30 p.m.

at their Sales Room, No. 80, Hankow Road, Kowloon.

A Quantity of VALUABLE HOUSEHOLD

FURNITURE

with bevelled mirrors, Chests of [Drawers, Stands, Cupboartis," Teak and Glass cabinets, Filing cabl- nets Desks, Tables, Card, table, Teak and Glass bookcases, Chester- field couches and armchairs, etc., etc.

ware,

Silver ware, Brass ware, Glass ware, Porcelain ware, Cloisonne comprising

Cutlery: ware Rattan Teak-dining- table, dinner Ornaments, Tes nets, Dinner cree Rénter Quotations waggon, side board, armchairs and kery Wall and Table Clocks, chairs, Dressing table with mirror, Gramaphones and records, Pictures, March 8. wardrobe with mirror Chamber Oil paintings, Carpets, Rugs, Blan- The following quotations from New stand, Ice chest, Chest of drawers, kets, Mosquito nets, Linen," Fen- York have been received by Reuter. Cabinet, Table, etc., etc.

ders, Typewriters, Curios, Wash Last

Silver ware, Brass ware, Por-basins, cooking utensils, etc etc.. close 10.15 11:00.

477%, 4.77% 477% celain wate, Glass ware, Alum,

also

·A·Quantity of NY Cotton July 12.35 12.30 and Rugs, Gramaphone and recorda,Į

12345

12.45 12.44 ware, Rattan ware, Cutlery Carpete

NY/London

Oct

BLACK WOOD FURNITURE

NY Rubber July 1280 1262 12.41 Linen, Table lamp, Ornaments, including

Septi

12:74 12.68 12.58 Clocks, Crockery, Pictures, Cooking G..Whent May. 07

C. Corn May... 8374

£6%

91%

Jutensils, etc., etc.

*83%

also

834*

Amer Bmelting 35% 34% 34%

A QUANTITY OF BLACK WOOD FURNITURE and

July: paganda, 01

W. Whest

May

837

STOCKS

Con Gas NY .17%

10

16%

Da Pont.......02%

92.

12

One Piano...

Eloc Bond & Sh. 4% 4%

4%

1.

One Radio Bet

Gen. Motors ... 20% 294

29

Int. Tel & Tel.: 75% 7%

7

Loew's

När Distillery 274

Monty 24

85%

85%

241%

24%

20% 2644

Stap. O NJ...: 80.

88%

3214 $2

NY Central.... 148 149 14%

US Steel

One' Gas Stove'*'

One Cooking Stove.

On View from Saturday, the 9th. March, 1988!!

Terms: Cash on delivery....

LAMMERT BROS,

par**?*Auctioneers

MANCHESTER WEEKLY ens. Merch. 1985..

MARKET REPORT

Trading Ideas Upset By

U.S. Uncertainty

INDIAN DUTIES QUESTION ·

CHECKS BUSINESS

Mears. James F. Hutton and Co, Ltd, report on January 30,--.

BRITAIN'S TRADE SOUND AS EVER

Lloyds Bank Reviews Industrial Situation

London, To-day.

Commenting on the industrial

Joss table, Armchairs and chairs,” Tea poys, Table screens, desks, table, cabinets, Jardinieres, etc. Fetc.

vand.

One Enamel Bath.

One Grand Piano.

One Electric Ice Chest. Two Cottage Planos,

- Three11Radio Sets..

??? and

ah 3.00 pm.

One Buick 8 seater Sehr Cát !· 1980 model, 6 Cylinders, in ruuning » order".

On Viow from Thursday the 7th, March 1935, ber

Terms: Cash on delivery

LAMMERT BROS,

Auctiónesis. Hong Kong, 5th March, 1935..

THE

Undersigned have received"! instructions to sell 'by Public"

Auction

ON

$180

Monday; the 11th March, 1935 situation, Lloyds Bank, in its commencing at 10.30 am. Once again the tone of the mar monthly review for March, says, at No. 1, Chatham Road (1 Gomes 102% n

ket remains practically unaltered "Recent Indications show that

Villa) Kowloon Shanghai Landa Sh. $22 1. and raw cotton values maintain internal trade is, on the whole, well Quantity of Valuable House- Metropolitan Lands 8h. $12.20 n. their present steady level.. maintained, and that the recent hold Furniture, Pictures, Orna Humphreys $9% n..

The continued uncertainty in the sporadic feeling of pessimism is in

•H.K. Realties $5.10 n..

United States with regard to hold no way justified. Asia Realties “A”: Sh'$100-h......ing policy and the gold question has "It is true that the combination Asia Realties "B"" 'Sh$17 n. upset ordinary trading ideas. The of cheap money and restricted op weekly statistics issued by the New portunities for trade, especially In Chinese Estates 398 n. China Realtles Sh.39.60 n.

York Exchange show that the for the international field, have divert-

the world mills ed a certain quantity Chiba Debentureg'Sh.3123 n. wardings to

"of capital Public Utilities -

amount to 221,000 bales against into speculative activities of un- HK.Tramways $19 ́s. "..

balco

amount in petit Peak Trama (old) $8% n. Peak Trams (new), $6.n. Star Ferriéa 393 n. Yaumati Ferries, $22

C. Lights 39:956, 39,90 da. H.K. Electrics $7035 0. Macao Electrics $25, n Sandakan Light 38 n.

All classes of Commercial Banking THE CHINA & SOUTH SKA BANK, Telephone (old). $24/80 sa

Transactions undertaken.

Personal Investment accounta

THE YOKOHAMA SPECIE BANK handled.

LIMITED

Established 1880' Capital (fully paid-up) Yen.100,000,000 Yen 124,250,000 Reserva, Fund

Hand Office YOKOHAMA

Branches and Agencles at: Alexandria * Nagasaki 1- Batavia

NATO Barlia

New York:

Bombay

"Oinks

·Paris

Pelping

(Dalny) Rangoon

Rindu Jensiro, Fengtien (Mukden) Rio Hamburg

San Francisco Henkow.

Seattle Harbin

Semarang. Shanghai

Rong Kong. Honolulu

Firinking

archi Kobe

London

Los Angeles

Manilaus

URMITTO.

(Incorporated in China)- Head Ofos Capital

000.00 The Company offerato intending Reservat $1500,000.00 Travellers the uen: of its Travelers): Branches:.:...All Important: Cities Cheques, and Letters of Credit and, 2.

Main: Chinsten. Exchange and General addition, the world-wide services Foreign fits thoroughly equipped. Travel De Banking Business transacted partment.

Current and Saving Lecomte dpane)| {and; Fixed Deposita - received for?" ons EW. DUGGAN-year or shorter periods at raten (which c

Manager, will be quoted on application.

800 Z CHANG,

THE WING ON BANK, LTD. HONG KON

Authorized Capital $10,000,000

Foreign Exchange and Banking Business of every description transact-

Current Accounts opened, Spacial Deposita: received at special rates, and Fixed Deposits received for one your or shorter perlód” át rates, which will be quoted on application

Bafe Deposit Boxes: (various)gimour)

PHILIP GOCACHIN Adware Chief" Manager

GOORGHIN

MUHONG KONG BRAI

2Des Voeur Road:

Manager's Office

Foreign Exchange Dept. General Office

3566

Cashier's Office

THE SHANGH

& SAVINGS BANK

(Incorporated

Telephone (new) $10.16 n. China Buses Sh. $12.40 n. Singapore Traction 10/8`n. Singapore Pref, 20/6, Dr. ve Industrials in Malabon Sugar $914 n..

$7,000, a marked apathy with round character, but the and recent

the majority of the worlds largest episodes are purely surface move buyers, and the general tendency ments.

seems to be one of holding off until "The fundamental frade position further developments,

of the country remains as sound as The outside commodity markets it was at the end of last year, and have not proved very helpful this current trade statistice are good. last week or so 88 with them the British Wireless Service..: outlook has beeny, bearish: In nearly all directions “operations have been limited to very small lots for quick delivery.

-- Indián Import Duties" The poorness" of demand from India suggests that ordera ara be- Cald: Macy. (Ord.), Sh. $16 n. ing held back, and several leading Caldi Macig. (Pref:), Bh: $16.nexperts are of the opinion that no Canton Ices $24 n.

active buying will take place until Cements $1.90 'n.

a: definite announcement la made H.K. Ropes $3,80 bil

regarding import duties. Stores, etc,-*

Dairy Farms 828) 6. Watsons $84. Lane, Crawfords $3.75 Mackintoshe $21 B Binceres $8

Wm. Powells 70 eta, n. Wing On (H.K.) $105 D.

Miscellaneous.

·HK-Amusements #1:85 n. Entertainments, $7523 m. 1.

O Enterprises!$1.35 m.^5% Incao-""Greyhounds,***

nätkons (old):8170 h.

n-(new)>50<cts: n

1925 GBds

Vibro Pillag

Ch

Small lots of dhooties, mulls and [nainsocks' “have been booked for Calcutta; but prices have been very cut:

{Continued b# Page

Is It Insured? ?

Insuran

LOWEST RATES

Asiat

Palms and plants On view from Sunday the 10th." March 1985.

Terms: Cash on Delivery,* *-

เ

LAMMERT BROS.,

Aur Auctioneers: Hong Kong 5th. March, 1985.

„DO YOU WANT YOUR SOUL SAVED? DO YOU BELIEVE IN MIRACLES?

THE MIRACLE WOMAN

'IS IN TOWNT11: COME AND SEE HER

of typhoid fever were reported in the TO-NIGHT AT THE STAR

"One case of small pox and onG CASE

Colony durliig the March 4,

anied

S. E. Levy & Co.

ICE" HOUKE" STREET)

INVESTMENT BANKERE BROKERA

NEW YORK COTTON EXCHANGE

COMMODITY EXCHANGE, INC. NY,

CHICAGO BOARD, OFA TRAUEN

CANADIAN" COMMODITY: KECHANOR,