1935-04-06 — Page 6

BANKS

HONG KONG AND SHANGHAI THE CHARTERED BANK OF BANKING CORPORATION INDIA, AUSTRALIA & CHINA, Authorised Capital · ***** $50,000,000]

Issued and Fully Paid-up 20,000,000 Incorporated by Royal Charter, 1888. Reserve Funds:

Sterling. £ 0,500,000. $10,000,000

Bilver

Reserve Liability of Pro

prietors

HEAD OFFICE, HONGKONO.

· BOARD OF DIREITORS,

-* X, XI. Duderall, 'Kng,

Chairman

OU. Kulght, Kriz.

Deprty Chairs. “

- HEAD OFFICE, LONDON

Reserve Fand

W. H. Boll, Esq. K. S. Morrison Esq,,ot

$9,000,000

THE CHINA MAIL SATURDAY, APRIL 6, 1935

Commerce and Finance

COMMODITY PRICES

£3,000,000|| "The following quotations have

Apr. 4. Apr. 5. Closing Closing

10,90 $10.00 10.98 10.97 "10.54 10.69

·10.61 10.65 10.62 10.68 -10.65 10.723

Pald-up Capital

|Reserve \\-Liability of

prietors

been received by Reuter. New York Cotton:

Agencies and Branches:

Hallo

Bangoon

Ipok

Balgou

Bangkok

Karackt

Remarang

„Klang

Beremben

|May

• Donde

Elagspoes

July

Lipst

Cawnpore

Turbing

SELAWAR Boutsbaya

October

Cabe

Madra

Telping

Tishtein

December

Xodat

Tenginek

· Halphnes

Kew York !

(Ekuku)

Jan. (1936)

Hamburg

Palplay

Lalartec

March

Chief Manager..

Wanker Harbin

(Poking)

Tokohama Pambonaga

TRANCHES 2--

KUALA LUMPUS LONDON

MALACOA

A. H. Compton Esq..

-Hon. Mr. J. J. Paterson, Hon. Mr. C. G. S. Mackie,

G. Miskin Esq. T. Et Pearce Esq

MOR

BANGKOK MATAVIA BOMBAY CALCUTTA ΠΑΝΤΟΥ पैम ८०० COLOMBO DAIREN

nenow WAIPUONO HAMEWEK WAYKOW TARRIN

11. 10

3

V. M. Graybara, 200

LYONS

MANILA

MUAR Hokori)

RUEDEN

NEW YORK

PEIPINO

PRNAKO

RANGON

BAIGON

BAN FRANCISCO

SHANGHAI

NEW

BING STORE

SAYURABATA

FINIEL PATANI

TIENTRIN

TRINGTAO

כבויי זל

KOWLOON

TOKYO

YOKOHANA

Current Resoumis vpened a Local Currency and Fixed Deposite Tepeived for one or aberiar periods in Leest Company, and Bierling terms which will be quoted on application, Hong Kong, 26th February, 1935.

HONG KONG SAVINGS BANK.

1 Buelna of the shore Back la condunt. the HONG KONG AND SHANGHAI BASINO CORTONATION., Hulas may be

tiated on application,

THE HOND KONG AND GELANOMA! BANKING CORPORATION

V., GHAYRDAN,

-Chief ManipEPU

Hong Kong, 25th February, 1935,

THE BANK OF EAST ASIA, LTD.

Authorised Capital omamiin

Movers and divided, Proß

HEAD OFFICE:-HONG KONO

1. New Yorum Rood Centrs).

BOARD OF DIRECTORS —

Show-how, Chalrosa.·

I Love Chu, Rae

16,200,00

Wens

The Toog, Pat. Chr hlug Shah, Zayn Bag Req. Wong C. Buns Bag, wid Eau Ting

Kan Tong The Eaq. Clio Mungu." IT Fooy Eng., Maungat.........

BRANCHES AND 'AGENCI26 ---

Manton Haiphong

Meliverne

Bestcla

Pris

Bessag

Bombs

Recall

Shanghai

New York

Kingapore

Oka

Geralyn

Paria

#wal

Hester

Palping

Sydney

*Boostula

Горазд

Talbots.

Exha Kewke

Respon

Falgon

Takje

Sea Preaches

Камюрчат Jakobezor

#1917. Brinpiion, of Banking and Karbungu troled.· Lowar granted as "approved

Damn! Accounts and in

ماجو

New York Rubber:image

„Forslyy" Bashsage and General Banking is May

Damask Asosanti oganal and Fixed Deposit July, received far, vsa potz "or, shorise, portada, að endu which, will be queled on agination.

A. BREARLEY,October Manager

BANK OF CANTON, LTD. |May

September

Hong Kong, 1st. January, 1935.

December January Chicago Wheat:

11.40 11.10 11.50 11.10 11.62 •-11.32 11.70 11.30 *11.88). *** 11:56 12.00 -11.69

THE

July

95% 9434 021⁄2 91%

Head Ofce-Hour Kong.

September

924

91%

Authorised Capital ..

Paid-up Capital

$11,000,000 8,855,000

|Chicago Corn:- May 32,170,409 July

854

84%

78%

·77%

7374

73

Winnipeg Wheat:

9734

86%

87% 80%

New York Sugar:--

Batabilahad 1912

Total Resources

Branches: Canton, Teishan, Shanghat, September Hankow, Bangkok & San Francisco. London Bankers: Lloyds Bank, Ltd. May Banking July Foreign Exchange and business of every discription trans- acted.

Current Accounts opened and Fixed || Depasita received for

оце year or May shorter periods at rates which will be July quoted on application.

Safe Deposit Boxes (variona Mises) September Iter hire.

LOOK POONG SHAN,

December

Jan. (1936)

Chief Manager New York Silk:-

SAFETY FIRST I

To Safeguard Your Valuables and Jewelleries.

Old New Old New 2.32 2.81 2.28 2.26 2.88 2.38 2.33 2.31 | 2.44 2.48 2.89 2.87 2.50.2.48.2.45 2.421 -2.41 2.88 2.86 2.83

1.302 1.31. 1.30441,30 1.29% 1.29%.

May

July

September

Montreal Silver:~~~.

May

62:30

Deposit them to a Vanit

July

September December

62.35 62.751 62.00 63.65 €3,70 $4:05 64.70

that is really:

FIRE-PROOF

BURGLAR-PROOF

DAMP-PROOF!

OUR SAFE DEPOSIT VAULT

located on the Mezzanine Floor of H.K. SHAREBROKERS Our New building is Specially Con- stracted to provide all of these Im {portant. Qualition.

You may obtain Bate Deposit Box la 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

Love C AMERICAN EXPRESS COMPANY.

sad Fixed Depolta calved for que jaar or sharter pariwis in coal and Forel Currentia we were which will be quoted on application.

Bade Dorgonit Soses To A TONG TO

INC.

Head Offer:-85, Broadway, New Tark

KAN

Chief MAŽAI,

Capital Surplus

THE CHINA & SOUTH SEA BANK, LIMITED

(Incorporated in China)

Her Office.Shanghai

Capital

Reserva

Reserves

U.S.$8,000,000.05.

2,087,112.69 1,998,528.81

BRANCHES:-

Antwerp

÷GeDOR

Glasgen

Athem

The flagne

MILA

Saplan

*$7,500,000.00

Harana

Prezza

Harle

$1,509,000.00

Berlin

Branches

All Important Cities

Babay

Bremss

in Ckfan

Foreign Exchange

and

General

Calra

Banking Business transacted.

Bre

Calcutie Селова Colomb

Hamburg Hove Hardelberg Interlakux.

Londos

Parle

Palpin:

Palermis

Helberdan

Ram

Shingha!

Perkamp

Laverne

Kinespor

Copenhagen

·Tribilla

Larne Light Marbellio

Flantila

Teories

Monte Carlo

Marunon

Gaun

Menin Maplew

Moni

"Current and Baying Accounts opened and Fixed Deposits received for one year or sharter periods at rates which rainburgh

BOU, Z, CHANG,

. be quoted on application.

Manager.

HONG KONG BRANCH: 24, Des Voeux Road, Central. Hanager's Omes Tel. 38505 Foreign Exchange Dept...,

83666 General Office|i..

***** $3507 Cashier's Office *** ** **

38569

Vienus Ventes Taknhame Zurich

Branches of American Express Com DANY in Principal cities of United. Btates of America and Canada. (

All classes of Commercial Banking Transactions undertaken.

Personal investment accounts

THE YOKOHAMA SPECIE BANK handled,

LIMITED.

ASSOCIATION

Stock Report

wwwwwww

LOCAL SHARES.

TO-DAY'S QUOTATION

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

Banks,

HK Bank $1265 b. HK Bank (London);£1251⁄2 n. Chartered Bank: $143⁄41⁄2ymə 120 Mercantile Bank A. & B. $311⁄44 A Mercantile Bank C. £181⁄2 r Bank of East Asia $8514 a Am.0 Finance Corp., Sa$20/m. China O Fin. Ord, Sh. $1.89 m. China O. Fin, Fref Sh. $41⁄2 =

Insurances, Canton Ins. $260, n. Union Ins. $415 b.. China Underwriters $18. China Fire Ins. $400.n.. H.K. Fire Ins; $215 n. International Ausce. Sh. 36. n.

Shipping.

Douglases $39 n. 2 H.K. Steamboats, $74. Indo-Chinas (Pref.); $80 m. Indo-Chinas (Def.), $38 ni Shells (Bearer) 53/12 n. Union Waterboats $111⁄2 n.

Mining.

Antamoks 93 cts, n. Balatoes. $49 n.. Baguio Gold 89 cta, n. Benguet Consolidated 314 n. Benguet Exploration 15 ets. n. Benguet Goldfield 10 cts. n.. Big Wedge 10 cts. n. Gold Creek 40 ets. n. Gold Rivers 10 ets. b. Tpo Mining $11⁄4 n. Iterans 42 ets. n.

Salacots 16 cts. n.

Kallan Mining Ad. 15/- n. Langkata (Single) Sh. $18 n. S'hal Exploration Sh. $5 a. S'hai Loans, Sh. $6 n. Raubs $52 n.

Venz; Goldfield $5 n.

Docks, etc.

H.K. Wharves 891 n., Cum. rts. H.K: Wharves ex right 8002 n. H.K. Wharvés right $11 b. "H.K. Dock 8934 K

Providents (old). $1 n. Providents (new) 20 ets. n.

Engineering Sh. 35 5. Hongkews, Sh. $809 m...

S'hal Docks, Sh. $120 n.

Cotton Mills,

The following report was issued by the Hong Kong SharebrokersNew Association yesterday afternoon,

Union $417. b.. Waterboaty $11 xd b. Antamoks $80.cts. b. 'Baguio Gold $281⁄2 ets. b. Beng Explorations 15 cté. b. Big Wedge 10% eta, b.. Lands $42.b.

Rauba $5 b. Humphreys $9 b... Ewon $7.80 xd sa. Providents Old $1.b. H.K. Docks $72 b. Lights $9.65 b., $9.70 kn. Telephones Old $28.35 b. Telephone New $9.90 b. Dairy Farms $19 b. Cements $1.30.b Entertainments $5 b. Contructions Old $1.40 cts. b. Construction New 40 cts, b Watson $4 cd b. Govt. Loan 32% 2% b..

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE)

15, Growchurch Street, London, E.0.0.

Authorised Capital

Subscribed Capital Paid-up CapitalTM

Reserve Fund & Rest

£3,000,000

1,800,000

1,050,000

1247,438

The Bank of England & Midiang Bank, Ind.

* FRANCHES FRAN Bangko

Bombay

The Company offers to intending Columbe

Dotkl Travellers the use of its "Tearles Cheques" and Letters of Credit and Hor Kong In addition, the world-wide services.

its thoroughly equipped Travel De

Established 1880

"apital (fully paid-up) Ten.100,000,000

Yen.125,800,000partment.

Reserve Fund

Head Offee-YOKOHAMA

Branches and Agencies at: Alexandria N Nagasaki

Nagoya

Bataria

Berlin

Bombay

Calcutta

Canton Mar

Dairen (Dalny)

New York Quake

Peiping Rangson

Fengtien (Mukden) Rio de ̈Jéneiro,

Sad, Francisco

Hamburg

Hankow Harbin

Hung Kong

#Karachi

Tobe: Landon

«Los Angele

-Shanghai Singapore

¿Sourabaya:

Sydney

Tentain

Tringtau s

kow

E. W. DUGGAN,

Manager,

THE WING ON BANK LIMITED

Head Office: Hongkong

26 Des Voeux Road Central: Authorised Capital $10,000,000

LONDON BANKERS

Westminster Band, Ltd.

Foreign Exchange and every dese tion of banking business

Current Accounts

Accounts opened, t received at rates whic

on application. Special

Howrah

N

Randy

Kahl

Kosta Miani

Kuala Lipi

Penang Port Louli"> (Manritism) Bangoon

Karanian (Pakang) "Rimlang

Kuna Tempar Shangha

Mudraapia.fings porn

HONG KONG BRANCE

Krary description of Banking and Exchange bunt-

Trustee and Executor hips under taken, debakel egy te

INTEREST Dewed on Ostené Rosacźle. Fixed Deponita 'në: Zelos ("hat, may be ascarialad Con... application.

-KEN)

"Queen's Road: Cantéal,'

Hong Kong, 1st: April, 1985

THE

&SA

BANK

Ewo Cottons Sh. $8.80 n. Shanghai Cotton (old) Sh.$74 S'hai Cottons (new), $45 n, Zoong Sings Sh. $9.80 n. Wing On Textiles, Shi 185

Lands, Hotels, etc. II.K. and S. Hotel 34.80 b H.K. Lands $42 b H.K. Land 4%

102% n Shanghai Landa Sh. $18 n.. Metropolitan Lands Sh. $12.20 Humphreys $91⁄2 n. H.K. Realties $5.10 .

n.

Debentures

Ast Realties. "A", Sh, $100 m: Asia Realties "B" 8h. $15 n. Chinese Estates $90 n. China Realties Sh. $9.60 n. China Debentures Sh,$128 n.

Public Utilities H.K. Tramways $16.8. Paak Trams (old) $8% n. Peak Trams. (new), #6 n. Star Ferries $89 b. & sa... Yaumati Ferries $22 n.

C. Lights $9.70- b. - - H.Ky Electrica $654 b. Macro Electrics $25 n. Sandakan Light 88 8

Telephone (new) $10.10 b. China Bases Sh. $12.40 n. Singapore Traction 10/2 n. Singapore Pref. 20/6 n

oldent building in America, located on the Case Grande National Reservation, Arizona has a new, asbestos and cement tramite roof to protect it! from the ravagen of time, thanks to the Public Works “Association, Archaeologists, date". "It five centuries before ! Columbus' first voyage to America. When a new vanished tribe of Americans constructed the 11-room, four-story: dwelling ranked in the skyscraper class.

NEW YORK STOCK

MARKET

Rapid Advance In Utilities

TENDENCY TOWARDS HIGHER

PRICES GENERALLY.

NEW YORK STOCK

EXCHANGE

Reuter Quotations

SHARE MARKET

Weekly Report

Messrs. G. A. Harriman's weekly share roport and market review issued at noon states:

Although the market during the past week was not a very active one a better feeling prevailed at the be ginning of the week and most stocks showed a fairly substantial appre clation with more buyera in evidence, Investment Issues were generally better and met with a good demand. A fairly large bual. ness was done in Hong Kong Lands at: $424/2, Hong Kong Trams at $16.25/80, Hong Kong Electrics at 64/654, and Telephones (old), a# $23/23 Dairy Farma were en quired for at $19 and Wharves cum rights) at $91. Star Ferries, however, were dormant

tions Minor issues were much steadier with Lights

$9.80 at one time, and Hotels $4.90 Watsona rose sharply

buying rate of $4 at the close Providenta (old) held enquiries at $1. Cements after having been neglected for a considerable time had buyers at $1.35 after sales at $1.40. Sterling stocks showed prac April 5tically, no change with Hong Kong The following quotations from New Banks done at $1270 and Unions at 3420. The tone of the market at the Last

close in very quiet and apart from the slight increase in the volume of "Cash" business" appears to be more or less marking time.

York have been received by Reuter

clone -10.20 11.00 N.Y./London 4.84% 4.856 4.851 NY: Cotton

July

10.08

10.93 10.05 10.54 10.55 10.54

11.50 17.21 11.16 11.02

Oct.

1%

In their market report, Moners, S. E. Levy and Company, correa- pondents for Messrs.' White" Weld N.Y, Rubber. and Company, New York states

July "Stocks: We believe that some c. Wheat May 35%

Sept. trading profits could be accepted in July Utility issues, due to the rapid ad- C. Corn May 85% vanec. We would defer the selling W. Wheat May 87% of other stocks. The market, at this STOCKE level, looks as if it would work Con Gas N.Y. 20

Amer Smelting 324 32%. higher. Business: tone-1,210,000 Du Pont 90% shares.

Elec. Bond & Sh 8% "Grains: Buying is diminishing General Motors 28 on advances and we would prefer Loew's Ind

Int Tel & Tel purchases on actbacks and take Montgomery trading profits. Total sales: Nat Distillers Wheat: 20,138,000 bushels, Corn: NY, Central (13%. 184 13 18,844,000 bushels.

Standard Oil NJ. 38 38% 98% U.S. Steel 29 -30% 20%

"Colton: The market was quiet, but well posted. It is reported that mill shut-downs are spreading.

Business during the week has been done a

at the following prices: H.K. Banks $1270/1285, H.K. Fires $210/215. Union Insurances $420. Douglases. $39.

Wharves (Ex Rights) $00%. Wharves (rights) $11.

"Providents (old) $1

2014 20 90%

90%

Ruube $65.

28 383 384 6 #

2854

Hotels: $4.90.

6%

HK Lands $42/42%,

33

Humphreys $91⁄2AS/N

23428 27% 27%

232

HK Trams $16/16.80.

2724

"Rubber: The position remains curs. an increase of 8,000 cara as unchanged. Total sales:-371. lets compared with the previous week "Copper: Spot sales continue and an increase of 7,000 cars 03 heavy.

Trade, circles expect the compared with the corresponding price to reach 8 cents per lb., perind of last."--Reuter c.i.f. Large producers are bullish. Mosera. E, A. Pierce & Company's "Flash: The American Railway report on the opening of the mar Association estimates carloadings Kats: for the week ended March 30 át

N At the opening of Wall Street to

Star Ferries $89 19

Lights, $9.40/9.85.

H.K. Electrica 863%/651⁄2. **Telephones. (old) $29/23

Dairy Farms $19. HK. Dócha $7.00. Watsons $3.60.

Antamoks 92/93 cts. Gold Rivers 12 cts. Ewo Cottens S$7.60 (x.d.)

VIOLATION OF THE

PRESS LAW

$17,000 cates an increase of 9,000 day slightly higher prices were seen Five Journals Suspended

week and an increase of 7,000 cars cara as compared with the previous on good activity.

Cotton was featured by liquida-

as compared with the corresponding ton of near, months and a fair de- period of last year."-Reuter.:

mand for distant options, in

Latest Onetations

E. A. Plerce And Co's Report"trading" market. In their market report, the American Oriental Finance Cor- poration, correspondents for Masers, E. A. Pierce and Company of New York state:

of the market is said to be the re- Stocks: The diversified strength

4

By Reich Authorities

Five German publications, the "Berliner. Herold," "Die Wahrheit," "Das Kleine Journal," "Bunte Wochenschau”, (of Berlin), and "Echo-Germanis" (of Erfurt) have The following quotations have been ordered by the Reich authorl- heen received by Reateries to cease publication permanent- Prev. To-day'sly, because they persisted in violat- alosa aloing one of the fundamental princi 484 ples of the German press law.

cross-rate

sult of quiet investment demand dur- NY./London ing the past few weeks, which has NY. Cotton July

10.98 10.97 11.50 11.19

placed, the market in a strong tech N.Y. Rubber July nical position. It is also rumoured Chicago Whost-May 95% 04 that some European buying has Chicago Corn-May 86%

Montreal Silver May 62.30 come into the market latterly.

84% 02.35 61%

"Grains: Both the Wheat and ver Official ... 61%

Dow Jones Averages Corn markets acted as though they were in an overbought condition

Apr 4 close Change. early in the day. Favourabla wea-30 Industrials 101.18 102.03 1.40 up- ther conditions in the West and 20 Rails.7 28.08 | 29.40 -83. un 20 Utilities 17.10 17.6656 up North-West affected Wheat. There 40 Bond 93,65 94.09 -44 up is no moisture in the dry sections 11 Comniédity

'Auburn

of the South-West. News from the Index 56.61 56.08 .58 off Argentine was bearish In Corn, 10 Leading Stocks some heavy profit-taking was seen Amer Smelting Telephone (old) $232b, 82812 early in the session. Good judges 11 Case

recommend changing May Wheat to Elac Bond & Share July, believing that the difference Int Tel & Tel will narrow There was a better General Motors demand for all grains in the final Net Dillers

Montgomery Ward session on the strength of stocks. NY. Centra Cotton Liquidation of near U.S..Steel positions continues, but the market Business Doi is showing resistance to selling at around the present level of prices.

“Rüb Trading was active, but prices were, okay? Nervousnesa re- garding the Gold situation, in Hol [land; the principal factor

against Actuals. ¡Tyre manufacturers were out of the market due to ars of a strike, The

that clubber would if outside markets

**Industrialag Malabon Sugar, $872 n. - Cald: Macg (Ord.), 8h. $18 n. Cald: Macg (Pref.), Sh. 316 n Canton Ices $24 nz Cements 80% n... Converted.. H.K. Ropes $2.60 n.

Stores, etc.

Dairy Farmis $19 b.

Watsons 64 bi

Lane,

ne, Crawfords 38.75 m icahn, $21 n.

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

1 Miscel

imenta:$0.40%

Dealers

The offence consisted in holding certain fellow countrymen up to public ridicule, spreading malicious rumours and fomenting disturbing and sensational news with the sole object of personal gain.

Is It

Insured?

Inswatice. AB: Cimer LOWEST RATES

American Asiat

Fed Iss

General Agents

"Head Office

The Dond

S. E. Levy & Co.

“ICE HOUSE, STRETT

INT BANKERA A BROKERS.

were dull, but werd kli reac

COTTON

Sugar was un

The Ann

LYCHANG

GE, INC.

OF TRADE

ILK. Ofice