1935-03-13 — Page 6

BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION.

Authorised Capital Issued and Fully Paid-up

Reserve Furuls-

Sterling £ 0,500,000

Silver $10,000,000 Reserve Liability of Pro-

prietors

$50,000,000

20,000,000

THE CHARTERED · BANK OF. INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1888.

HEAD OFFICE: LONDON

20,000,000 Reserve Liability of Pro

HEAD OFFICE: LONOKUNG, BUARD OF DIRECTONA.

8.1. Dilwell, K«q. >

Chairma

C. Knight long

Deputy Chislema

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

A. II. Compton Eaqu

Hon. Mr. J. J. Palcraón,

Kuching Madras

Paid-up Capital

Reserve Fund

.$8,000,000 .£3,000,000

prietors

.£3,000,000

Agencies-and Branches:

Alor Bar

Ballo

Ameliane

Ipek

Bangkok

Karachi

Hatavia

Reno Balgon Весактоод Berembe

Calosita

Bombay

Kobe

Canton

"Lumpur

Батальна Mitiawan

Cawnpore

Bourabeys

Cebu

Taiping

Colombe

Manila

That is

G. Miskin Esq,

T. E. Pearce Esq.,

Dailab

Medan

Torch

Balphone

New York

Y. M. Grayburn, kaj.

Hamburg

•Palplog

Chale Mangu.

BRANCHES-

KOALA LUMPUR LONDON

HALADCA

MANILA

MUNDEN

NEW TOLK

Hon. Mr. C. G. S. Mackie,

MOT

WANO KUK

BATAVIA SORBAT BALOUTTA CANTUN DUE200 COLOMBO DAIREN FOOCHOW HAIPHONG

·ĦAMBLING BANTOW FARBIN WONGLEW

JOH B KON

11UAR (Johor)

PEIPINO

PRNANO

NAKODON

HATUON

SAN BANGIB00

BHANGHAL

SINGAPORE.

FOUGABATA

HUNUSI PATAMI

TIENTBEN

FOR YO

TRINGTAO YOROLLAMA

fumes Abouste oposed in Local Carrenos

Fired Dapoli recalend for vos year... or

se of periude in F0041 Company and Eterios - m which will be quoted on animal Hong Kong, 25th February, 1935.

HONG KONG SAVINGS BANK.

The Business of the above Bank reduct the TONO RONG AND BUANGHAT BANNIRU COMUNERATION, sed on application.

But may be

F THE HONG KONG AND SHANGHAI

BANKING CORTORATION

Y. M. GRAYBURN,

Chief ManaY,

Hong Kong, 28th February, 1935. ・・ THE BANK OF EAST ASIA, LTD.

Borland Capital

PALE- Capita

9,000,000,00

Katie and Undisi Prolia 2,434,500.00

BEAD OFFICE:-MONG KOKO

12. Der Van Road Central.

BAD OF DIRECTORS:→

Bir hou-on Chow, Chairma

La Ines Clus Peqa P. Z. Kank, E. WOOK Tez Test, Eau Chau Ching Shah, E42, 4 Tân Đông Hưng Chu Bao Ông anh tạo theo

Amoy

رامية

Ken TORE Po, F. Child Manager.

The Fous. P. Manager.

BRANCHES ASU AGENCIES-

Maclin

Hallenre

عالمية

Hage H

Calen

Hew York

Osaka

Bingapor Bourelays

Being

Pant

Heator Bulu Kabu

London

Taluw

Pea

Kydney Thou Thesi

648 France

Tokokime

Exact description of Banking and Kuohas ye biznized Irenascid. Los granted on approved waii.

Durwal Acouste prend in Love Comm

(Dhaker)

1ingto Yokohams Lamboanga

Henkow

(Paking) PASADE Harble

Forsira Exchange sað General Beaking beses tranioled.

Curtaal Ascounts opened and land Deport ronized for oes your of shorter periodu i rales which will be gone on application.

A. BREARLEY.

Manager. Hong Kong, Int. January, 1935.

THE BANK OF CANTON, LTD.

Established 1912

Head Offen-Hour Kong.

Authorised Capital Paid-up Capital Total Resources

THE CHINA

WEDNESDAY, MARCH 13, 1935

Commerce and

Finance

LOCAL DOLLAR STEADY

No Change In Silver

The local dollar is steady, opening on demand this morning at 1/114. Silver, both spot and forward; also remains unchanged, being quoted at 27,8/10 and 27%, res Ipectively.

The London on New York cross- rate was quoted at S-U.S.$4.74, as compared with 9-U.S.6477, while the New York on London rate was quoted at £U.S.$4.74, as compared with U.S.$4.76%......

RAW RUBBER PRICES

Latest Quotations From

Singapore

Messrs. H. B. Joseph and Com- $11,000,000 Pany have received the following 8,655,000 Straits curreney quotations from 82,170,499 Singapore for Raw Rubber.

Spot 19% up 4. April-June 20% up 4. July-Sept. 21% up %. Market: Sellers reserved,

Branches: Canton, Toishan, Shanghai, Hankow, Bangkok & San Francisco. London Bankers: Lloydı Bank, Ltd.

Foreign Exchange and Banking of every discription trans-

actor

Current Accounts opened and Fixed Deposits receired for one shorter periods at rates which will be quoted on application.

for hire.

JEA OF NEW YORK STOCK

EXCHANGE

Safe Deposit Boxen (various sixes)

LOOK POONG SHAN,

Chief Manager

SAFETY FIRST ! To Safeguard Your Valuables and Jewelleries,

Deposit them in a Vanit

that is really: FIRE PROOF BURGLAR-PROOF DAMP PROOF 1

Reuter Quotations

March 13. The following quotations from Now York have been received by Router.

Last close 10.15-11.00 N.Y./London -4.78% 4.74% 4.74% N.Y. Colton

11.22 11.15

11.22 July

.10.90 10.85 10.87 Oct.

OUR SAFE DEPOSIT VAULT Socated on the Mezzanine Floor of Our New building is Specially Con- structed to provide all of these Im C. Corn May

W. Wheat May 63 portant qualitiek, “

LOCAL SHARES.

TO QUOTATIONS

The following is the Hat of local share quotations issued to-day---

Banks.

H.K. Bank $1325 n. H.K. Bank (London) £180 n. Chartered Bank $151⁄4 n.

Mercantile Bank A. & B. $811⁄4 D. Mercantile Bank C. $18 n. Bank of East Asia 8854 D.. Am: O. Finance Corp., Sh.$20 -n. China O. Fin. Ord., Sh. $1.80 n. China O. Fin. Pref 8h. $41⁄2 n.. Insurances.

Canton Inc. $260. n. Union Ins. $415.8. China Underwriters, $11⁄2 n. China Fire Ins. $490 - H.K. Fire Ins. $225 sa. International Assoo. Sh. $5 n. Shipping

Douglasés $391⁄2 'n.. H.K. Steamboats, 67% 1 Indo-Chinas (Pref.), 880 1. Indo-Chinar (Def.), $38 n. Shella (Bearer) $48/11⁄2 n Union Waterboats $124 n.

* Mining, Antamoks 83 cts. n. Balatoes $43 n. Bagulo Gold 89 cts.... Benguet Consolidated $14 n. Benguet Exploration 15 cts. n. Benguet Goldfield 10 cta. n. Big Wedge, 10 cts. n. Gold Creek 381⁄2 ets. n.

:

Gold Rivers 18 cts. b.

Ipo Mining $1% n. Itogans 42 cta. . Sulacots 16 cts, n.

Kailan (Single) Sh. $16/9 n. Langkats (Single) Sh. 15 n. S'hai Exploration Sh. $5 B. S'hai Lonas, Sh. $6 B. Raubs $5 să.

Apparently not a bit depressed by the news of Mary Pickforda divorce decree, Douglas Fairbanks poses with Lady Sylvia Ashley and a little winter sports enthusiast at St. Moritz, Switzerland. The film star was named co-respondent in Lord Ashley's divorce nuit, and.. friends of the couple expect them to marry soon:"

NEW ADVERTISEMENTS

LADY MARIA CHRISTINE CHATER-DECEASED.

LL CLAIMS against the Estate of the above named deceased must be sent to the undersigned forthwith.

DEACONS Solicitors, etc,

1, Des Voeux Rd. C., Hong Kong. March 18th, 1935.

COMMODITY PRICES

The following quotations bave' been received by Reuter..

New York, to-day..

New York Colton:-----

July

May

NEW YORK STOCK MARKET Chicago Corn-

Position Of Cotton Still Uncertain CONFIDENCE LACKING IN RUBBER FUTURES:

In their market report, Messrn. S. E. Levy nad Company, corres pondents for Messra. White Weld and Company New York state-

Stocks: After to-day's action bearishness was widespread, with an H.K. Wharves $1011⁄2. n. Cum ria increase in the volume of liquida

Providents (old), $1.20 n. Providents (new) 20 cta. n.. Hongkews, Sh. $309 n.' New Engineering Sh. $5 8. S'hal Docks, Sh. $120 n.

Cotton Mills.

N.Y. Rubber

July

11.85*

11.05

11.71

Venz; Goldfeld: $5 2.

Sept. .12.02

11.35

11.85

C. Wheat May 93%

03%

.Docks, etc.

July

88%

88%

7874

H.K. Dock $93⁄44 ́9.

83%

+

Pont Elec

Int Tel & Tel Loew's Inc

NX... Bloc Bend & Sh 4% General Motors 28

34

16

39

38% 164 16% 89%

344%

27%

J

8%%

344

34%

28 .6% 34%

Montgomery W. 22%

2214

23

N.Y Central

24% 12

26

25

12%

12%

Standard Oil-NJ 86%

80%

UB, Steel 29-20

36%%% + 29%

You may obtain a Safe Deposit STOCKS:- Box in this most up-to-date Vault for Amer Smelting 88% your own use at a very moderate Ren-Con Gos

Inspection Cordially Invited. THE NATIONAL COMMERCIAL

Fixed Depout monivač for one your or eriar periots in vol and Vetaiga Curevadas :

and which will be quoted on application. Safe Deposit Dose To Let

MAN TONG FO,

Chist Manager.

THE BANK OF TAIWAN, LTD.

Head Office: Talhoku, Formosa, Incorporated in Japan by Special Imperial Charter, 1892.

Central Bank of Formosa, Notes

lanned Average amount Y.45,000,000

Branches and Agencies.

& SAVINGS BANK, LTD. Corner of Ice House Birost and Des Voeux Road, Central

THE AMERICAN EXPRESS COMPANY,

INC.

Head Office: 65, Broadway, New York

Amslercom

Japan-Kobe, Osaka, Tokyo, Yoko ty

โดยเม

Shoka,

Taily,

Alkon

Makong, Nanto,

Taicha, Tainan, Beni

Capital Surplus Revirves

.U.5.$6,000,000.00 2,087,112.69 1,996,628.31

BRANCHES:--

ice

The Hague

Homburg

Пато

Bethbay

Bran

Bras

Reidelberg Interlaken Jurusalem

Calmi Charte

London

Liverpart

Cannes Colombe

Zaserne

Lope/

Copenhagen

Dabil Plisborg Florence

Murie More

akrohemma

Montre

Takao, Trmaal, Toen, Karenko Bella.

Giran

Kagi, Canton, Foochow, Han-

China-Amoy

ków, Shanghai, Swatow,

Others:---Bombay, Hong Kong, London, New York, Singapore, Batavia,

Boerabaya, Dairen. Bamarang, Bog

Os and after April 20th, 1934, the zate of Interest on Special Carrent Deposit will be at 15% pa on daily balance and the rate for balands over $10,000 will be quoted on applicaties (Maximum rata-1).

Hong Kong Branch

Y. OHNO,

Gesam

Pirsede Paris Pipin Paleo Betterdam

Nat Distillers

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE:

19, Gracechurch Street, London, 2.01

£8,000,000 Subscribed Capital... 1,800,000 Paid-up Capital

Authorised Capital

Reserve Fund & Rest..

1,050,000

1,247,482

BANKERS, The Bask of Englandak Midland Bank,' Ltd.' BRANCHES:

New Tak

Bangkok Bombay

Ipoh Kandy

BUM DOW

Daibl

Kusa Taple

Raspoo

ALT

Bhaaghal

Πίστα Κουν

Kasatan (Fabang) Birale Hadras

Blagsport

Blowze

―

HONG KONG BRANCH

bepilon of Braking and Homoge bend-

- Travalliery Usagnes Útnek.

Trustee, and Executorships undery taken

INTEREST allowed on Current Loscunte un Fixed Depodle of Kotor that may kancerinized an application.

B. 1066.

Branches of American Express Com-1, Queen's Bend Contes). vany in Principal cities of United

Btates of America and Canada."

Manager.

1

3. Des Voeux Road, Central

Hong Kong, 12th June; 1934..

All classes of Commercial Banking THE CHINA & SOUTH SEA BANK Fransactions undertaken.

Personal investment accounta

THE YOKOHAMA SPECIE BANK handled.

LIMITED.

Established 1830*

Capital (fully paid-up) Ten.109,000,000 Yen,126,800,000 Reserve Fund...................

Head Olles:-YOKOHAMA

Branches and Agencies at:

"Alexandria

Batavia

Berlin

Bombay

Calcutta

Nagasaki Nagoya

New York

Disks

Paria Pelping Dairen (Dalny) Rangoon Fengtien (Milan) Rio de Janeiro

Ban Hamburg

Frandsso Rankow

Seattle Semarang Bhanghai Singapor Boerabaya

Hong Kong

Honolala

Halaking

Tendon

Manila

Moji

Interest aliewod

Deposite received for

mates to be obtained

O

Kong, 11th March 1985%)

7:

The Company offera to intending Travellers the use of its "Travalaru

(Incorporated, in China) Head Omee...Shanghai Capital

Reservo

Branches

87,500,000.09 $1,500,000.00 an All Important Cities

in

and General Choques" and Letters of Credit andi Ferelan Trenkais. addition, the world-wide services Banding Business transacted. it thoroughly equipped Travel De Current and Saving Accounts opened partment.

and Fixed Deposits received for one year or shorter periods at rates, which

L, W. DUGGAN, will be quoted on application.

SOU Z CHANG,

Manager!

THE WING ON BANK, LTD. TONG XONG

Authorised., Capital $10,000,000.

Foreign Exchange and Basking Business of every description transact

Current Accounts opened, Specia Dappalte, received at special, zat Fixed Deposits received for one year or shorter perind at rates which will be quoted en application

Bafe Deposit Boxes (Tarions · size)

for hire,

HONG KONG BRANCH

24, Des Voeux Road, Central, Manager Omes James,Tel 25565 Foreign Exchange Dept. 83648 General Offca

88567

Cambler's Office

THE SHANGHAI COMMERCIAR &SAVINGS BANK” LIMITED (Incorporated in China Capital paid.

Reservi

Capital Reserv

Indust

and (dial rela

TULI SE KATONG

PHILIP GOOKCHIN

2 GOCKCHIN

A WR22 Chief Mannger

1*Assistant Manageraza

Ewo Cottons Sh. $8.70 s. S'hai Cotton (old)"$74°m/ S'hal Cottons (new) $45 n

Zoung Sings 'Sh. $9.80. n. Wing On Textiles, Sh. $55. n. H.K. Wharves rights $20 n. HK Wharves ex rights $99 n. Lands, Hotels, etc.

H.K. and S. Hotels $4.70 B H.K. Land $40 b., $41/40 sa..."

·H.K. Land 4% Debentures **102% n.

Shanghai, Landa Sh. $22 n.. Metropolitan Lands Sh. $12.20 n│ Humphreys $94 n.

H.K. Realties $5.10 mi

Asia Realties “A”, Sh. $100 n. Asia Realtles "B" Sh.$17 n. Chinese Estates $98 n. China Realties Sh. $9.60 n. China Debentures Sh.8128 m.

Public Utilities H.K. Tramways $18 b., $18.80/20

Peak Trams (old) 88% n. Peak Trams (new), $6 n. Star Ferries, $89 n.

Yaumati Ferries $22 1. C. Lights $9.95 b., $10 sa. KK. Electrics $89 b.

Macao Electrics $25.n. Sandakan Light 88 n.

Telephone (old) $23.70 b. ex. div. Telephone (new) $10 ex. div. a. China Buses Sh. $12.40 n. Singapore Traction 10/8 n.. Singapore Pref. 20/6-n,"

Malabon Sugat $84 n.

As per Industrials ⠀

Call: Macg. (Ord.), Sh. $16 n. Cald: Macg. (Pref.), Sh. $16 'n. Canton Ices $23⁄41⁄4@ m2

Cements converted $7.60 n. H.K. Ropes $3.80 m.

Stores, etc.

Dairy Farms $22 n. Watsons $3% nave Lane, Crawfords $3.75 n. Mackintosha, $21 m. Binceres $8 n

Wm. Powells, 70 ctu. n. Wing On (HK) $105 n.

Miscellaneous.

H.K. Amusements $1.85, 1 Entertainments, $71⁄2. m. B.C. Enterprises £1.35'n, t Hacao "Greyhounds," $3.2 Constructions (old) #1170_n. Construction (new) 50 cts. n. "Vibro _Piling $57% 15deg

Ch Govt 5% 1925 G3Bda

HK Govt. 4% Loan, 6% %)

LK GOVE 84% Loan 2% prem

Wallace Harpers $7

tion likely from this level.

How.

Latest Quotations

May

Mar. 11. Mar. 12.

11.06

11.00

11.14

11.05

11.15 11.09

October

10.77

10.76

December

10,87 10.78

January (1936):

10.84

10.85

Spot..

11.30

11.25

New York Rubber;-

March

11.66H

11.55

May

11.78 11.57

July

11.85 11.71

September October

12.02 11:88

12.08 11.94

December

12.25

12.09

Chicago Wheat;-

934%

984

July, September

88%

88%

88%

8834

79

794

July

75

75%

September

72%

78%

Winnipeg Wheat:-

B8%

8342

887%

Old New Old New

2.06 2.07 2.08 2.05

2.12 2.11 2.11 2.09

2.17 2.16 2.15 2.18

September

2.28 2.22 2.20 2.20

December

2.28 2.27 2.25 2.25

59.35

-584

New York Bilk:

March

1.2814

1.28

MAY

"1.28*

1.27%

Mar. 11 close. Change

July

1.27

1.264

Montreal Silver:

27.92 27.31 15.33. 15.03 05.40 94.99

55.82 36.49 10 Lending Stocks

.61 off

.30 off

March

59.85

59.00

41 off

May

59.98

59.85

*

July, 1924.

60.65

60.00

.83 off

September

61.00

61.05

.82%

b-bid,

164

40%

44

6%

20% CANADA'S TRADE

21%

24

12

29%

The following quotations have May July been received by Reuter.

Prev. To-day's New York Sugar:

alose clos

4.76% 4.74%

|N.Y./London,

cross-rate N.Y, Cotton-July... 11.15 N.Y. Rubber-July 11.85 Chicago Wheat-May 93% Chicago Corn-July 70

58% Montreal Silvor-May 69.98 Silver Official

Dow Jones, Averages SMART10-day's

March 11.09 May...

13.71 July 93%4 7914

ever, we would be watchful for a 30 Industrials 09.89 97.66 1.73 off

20 Ralls temporary selling climax shortly, 20 Ulities Business done:-1,050,000 shares, 40 Bonds

Grains: The liquidating pressure 11 Commodity

on wheat is about spent, and the Index purchase of new crop wheat is be coming, more attractive on further Amer Smelting

Auburn breaks. The erop scare period in I. Case near at hand. Total sales:-Wheat: Elez Bord & Share 28,629,000 bushels, Corn: 16,397,000 General Motors Int Tel & Tel: bushels.

Montgomery Ward "Cotton: Sentiment remained on Nat Distillers settled. Reassuring statements NY. Central from Washington were disregarded. U.S. Steel Trade buying is increasing, while outside interests are still skeptical.

"Rubber: Although the Actual market was steadier; Futures were keenly feeling the lack of speculative confidence. Improved technical posi- tions are making the commodity markets more sensitive to any favourable news."-Router.

E. A. Pierce And Co.'s Report In their market report, the American Oriental Finance Cor- poration, correspondents

for

Business Dono:-1,050,000 shares.

KWANGTUNE'S

CANADIAN

TIMBER

WITH JAPAN

Improvement During

Past Year

IMPORTS FROM: HONG KONG ALSO INCREASE

y Ottawa, Canada, One of the features of Canada's

Nearly One Half Comes trading during the calendar year

Source

From This

Ottawa, Canada,

1984 was the increase of trade, both Import and export, with Japan.

According to a report issued by

Kwangtung "is a very large im- the Dominion Bureau of Statistics, Mesara. E. A. Pierce and Company porter of Canadian Umber. Canada Canada Increased its purchases of of New York state:

provided during 1984 about 46 per Japanese goods from G#8,129,000 fr "Stocks: The atmosphere is still cent., or nearly one half, of the 1938 to G$4,425,000 in 1984. Cana- dian exports to Japan also showed murky and liquidation continued. timber imports of the province.

The weakness of Foreign Exchanges Imports from Canada into Kwanga large increase.

In the same period China bought. and some commodities was unset-tung cover a wide variety of pro- tling to sentiment.

ducts. Total imports from Canada less from Canada, bat a slight in "Grains: The wheat and corn mar for the first six months of 1984, crease was shown in the volume of

percent. Canada's imports from that coun kets were both erratic, moving with were approximately 56 per

in a narrow range. Liverpool closed above the same period of 1988; try; the figures being G$2,167,000/

exports of Kwangtang, to in 1988 and G82,825,000 in 1984. steady, while Cash houses were while buyers for May wheat late in the Canada, mainly composed of ground Imports from Hong Kong increased session. Country offerings of corn nuts, was practically tripled during from G$618,000 in 1983 to G$648,00

In 1984-Reuter. were small, but the basis was firmer. the period.Router.

The trade is watching the cotton and stock marketa and the monetary situation.

"Cotton: Nervous conditions con tinue to prevail, but the Trade was buying more cotton at lower price levels and liquidation was much Ughter.

"Rubber: The market ruled) steady after a weak opening. due) principally to beavy buying by (Continued on Page 7).

Is It Insured?

Eoranca All Classca LOWEST RATES American Asiatic Underwriters

Fedno, USA, General Agents

S. E. Levy & Co.

MENABRA

7, TOK HOUER STREET

(FRATMENT-BANKEEN AMBROKERS

NEW YORK COTTON EXCHANGE COMMODITY EXCHANGE, INC. NE, CHICAGO BOARD OF TRADE CANADIAN COMSTODITY: EXCHANGE,

CORRESPONDENTS