1935-04-10 — Page 6

BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION.

Authorised Capital

Isued and Fully Paid-up

$60,000,000 20,000,000

Reserve Funds:

Sterling

£. 6,500,000

Silver $10,000,000

Reserve Liability of Pro-

prietors

·KLAD OFFICE, BUNGEONG..:

BOARD OF DIRECTORU,

3, 11. Bardwell. Deq!

Oksirms,

0 C. Knight, zq.

Tepaly Chairman,

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,

Incorporated by Royal Charter, 1858. BEAD OFFICE: LONDON.

Paid-up Capital

Ipek

track

Reserve Fund

£3,000,000 $8,000,000

20,000,000

Reserve Liability of Pro

prietors

.£3,000,000€

Agencies and Branches:

Llor Star

Talle

RaDroon

Ampliar

Вдов

Fungh

Semaran

Balkris

ADE

|Bombay

Tobe

Skaoghal

Calevita

Билья

C

tempor Bran

Cawupora

Kuchlog

Bencabaya,

Cala

Madron

Taiping

Colombo

Menila

Tiamiin

Delhi

Кодия

Tong

Helphong Hamburg

New York

Tangino

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

A. H. Compton Exq.,

31. Johnson Esq.

Hon. Mr. J. J. Paterson,.

G. Miskin Esq.,

KUBAY PALCUTTA

CANTON

T. E. Pearce Esq,

7. M. Gaybarn, Kog..

Chis! Manight.

BRANCH-

KUALA LUMPUR LONDON

LYOKS

TAK (Johor)

PEIPING

PESAKO

RANODUS

SAIDON

MALACCA

MANILA

CHE 200

NIKDEN

NEW YORK

DATEN

NOOROW

MATPHONG

BAMBUNG

#ENKOW

FAN FRANCISCO

173

SHANGHAI

ANGREW

INGAPORE

LO

ik

SMEDE

CBE

BOWLOON

MIRADAYA

SUNDEL PATANI

TIESTSIN

TORYO

TRINOTAO

YOKOITAMA

Current Accouma opened In Tool Currency sed Pleak Dapolia recaived for one your. Or shontas pariode to Local Company and Stering iron which will be quand on ansiosta. Hong Kong, 6th April, 1935.

Er

Palping

(Parton)

•MORE.

Berbe

Tokobusta -Zamboanga

Hour Lon

Foreign Exchange and General Banking basis Current Accourte épound and Pized Expolia received for Gas y or shorter periode at rates which will be quoted 'on application.

A. BREARLEY.

Manager Hong Kong, 1st. January, 1935.

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

that is really: "FIRE-PROOF

BURGLAR-PROOF 'DAMP PROOF ! :

located on the Moscanine Floor

of

THE CHINA MAIL, WEDNESDAY, APRIL 1

Commerce

Finance

NEW YORK STOCK MARKET

Profit-Taking Still Advisable

MANY FACTORS CONTRIBUTE TO PRESENT RALLY

In their market report, MessrU, S. E. Levy and Company, corres [pondents for Messrs. White Weld

and Company, New York state:

"Stocks We still believe that profit-taking in utility issues is advisable. The strength of the market this afternoon was based. firstly, on the fact that the market was in a sold-out" condition; Be condly, investment demand is flow- ing over from bonds into "dividend paying stocks; thirdly, the new Work Relief Bill is considered a

to bullish stimulant business; fourthly, business. sentiment is better fifthly the forthcoming change in the Stock Exchange ad-

OUR SAFE DEPOSIT VAULT ministration is viewed as a conces sion to the Liberal group, which Our New building is Specially Con-includes prominent floor traders HONG KONG SAVINGS BANK tracted to provide all of these Im who were active buyers in the

¡portant Qualities,

The Businer af the above Dank li ovukuat. AND CHANGHAI sisi HONG

WANKING, CORPO OXO, Eyles may b

bras e application.

FOR THE HONO XOXO AND BHANGHAI BASTING CORPORATION

P. H. ORATAUEN,

Chief Man, Hong Kong, 25th February, 1935.

THE BANK OF EAST ASIA, LTD.

----------- $70,000,000.00

Likaried Canflai`m Fulday Casinland 19

betorre and, l'odivided Proble 1,635,900,00

HEAD OFFICE-DONO ZONO

13. Der Vaz Road Contrai.

BOARD OF DIRECTORS:--

Tan Tong, P

Bir skou boy, Chairman, Tees Chau, F: Chit Shet, Eet la Tas 7. E* K***, **, Woon REA. Wong Exit bon, Seg. and Kan fing

In Tong Esq.; Chint Maungw IT FOOD. Esq. NabigeT. BRANCHES AND AGENCIES!—

4439

Bombay.

سامية

MelLourna

- Singmenki.

New York

Opsla

Beatin

Samaran Skogkal

Sis

bourbaga

Tarie

Hankow Kanalsiu

Priping

Syday

Peneba

Takboke

Rangoon

Tianisin

Comioon Lasion

Saigon

Tokyo

San Fran

TIDO Tokesma

Brors Messition of Bauhing and Exchange bacted. Lwens graziled on, approved

martino.

Current Arcount opened in Local Canc

Pized spoelia received

tal

early stages of to-day's rally;

You may obtain a Safe Deposit sixthly, Wall Street continues to Box in this most up-to-date Vault for hope that a favourable Supreme your own use at a very moderate Ban-Court decision will be rendered in connection with the Railroad Pen- Inspection Cordially Invited, THE NATIONAL COMMERCIAL sion Act. We expect a continua- tion of the rally to-morrow, but `& SAVINGS BANK, LTD,

reaching for stocks is not neces Carner of Ice House Street and

Business done: sarily advisable. Des Voeux Road, Contral

-960,000 shares.

"Grains; The cash markets for

THE BANK OF CANTON, LTD. coarse grains is strong. Supplies

· Established 1912.

Head Office:--Hong Kong,

are light' and the May position is tightening. Fears of rain are checking the buying of wheat.

Authorised CapitalTM ........... $11,000,000 Total sales: Wheat: 20,166,000' Paid-up Capital **** 8,655,000 bushels. Corn-19,130,000 bus-! Total Rasoirees..........

82,170,495 hels.

[Continued on Page 7)

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

and Banking RAW RUBBER PRICES Foreign Exchange business of every discription trans- acted.

one year or

Current Accounts opened and Fixed Latest Quotations From Deposits recetrod for shorter periods at rates which will be quoted on application.

Safe Deposit Boxes (various sĪKAS) Le Mira:

LOOK POONG SHAR,

Chief Manager

THR

beriar paripde En Lecal and Forage Current AMERICAN EXPRESS COMPANY,

*Sorpus which will be used on "application.

Safe Deports Dases 20 1: TONG TO.

.INC.

IAN

Chief usager.

Head Ofce65, Broadway, New York

Capital

.1.8.$6,000,000.00 2,087,119.69 1,998,628.81

THE CHINA & SOUTH SEA BANK, Surplus

LIMITED

(Incorporated in China)

Head Office.Shangbai

Capital

Reserve

..$7,600,000.00

..$1,500,000.00

Branches All Important Cities

Foreign Exchange

In Chins

and General Banking Business transacted.

Remrven

Singapore

Messrs. H. B. Joseph and Co. have received the following. Straits. cur. rency quotations from Singapore for Raw Rubber.

Spot 18 Up Vá July-Sept. 19 % Up 4. Oct-Dec. 20%, Up

Market-Steady.

Selling price % cent higher on all positions,

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE

34. Archurch Street, London, E.ON

Authorlied Capital

Reserve Fund & Rest

- BANKERST

The Bank of England * Midland BRANCHES AMA

BRANCHES:-

Amperban

„Gener

Glasgow

The Diagno

Milan

Naplan

Subscribed Capital

SATANG

Paid-up Capital.

BORKO Bertio Bombay Dremen

Bamburg BATTE Heidelberg

Bronska Caire

Jerusalem

London

Pelpli

Esterdams

Shanghr!

Bangkok

Ipob

Bothbay

Kandy

*Liverpool

Locarne

Calenta

Karachi

Coinmuo

Koth Bhara

Colombe Copenhagen Dublje Rdleburgh Flare Ústava

Larson

Zarmins

Kuala Lipla

Qalls.

Kuala Lümper ·

Monts Cade

Vardon Yokokama

Munich

Current and Saving Accounts opened Can and Fixed Deposits received for ons year or shorter periods at rates which

l be quoted on application.

800 2 2. CHANG,

Manager.

HONG KONG BRANCH: 24, Des Voeux Road, Central, Manager's Office Tel. 38686 Foreign Exchange Dept. 38666 General Ofica

Cashier's Office

88667

82569

THE YOKOHAMA SPECIE BANK LIMITED.

Established 1880

MEDIOUS

Branches of American Express Com pany in Principal cities of". Unfiad Btates of America and Canada.

All classes of Commercial Banking [Transactions; undertakeni

Personal investment accounts handled,

The Company offers to Intanding Travellers, the ass of la. "Travaloca Cheques", and Letters of Credit and, Capital (fully paid-up) Yen.106,600,000 In addition, the world-wide services Reserve Fund

Yen.125,800,000 ||

157-fts thoroughly equipped Travel;De-||

[partment.

› Head Office:—YOKOHAMA

Brunches and "Agencies "at:

Alexandria

Batavia

Berlin

Bombay

Calcutta

Canton Daley

Datren

“Nagasaki.

Nagoya New York DARKE Peiping

Rangoon

Fengtien (Maiden) Rio Je feneire

Hamburg

Lankow Harbin

Meinking

Karachi

San Francisco

Beattle

Somerang

Shangha

Singapore

Boerabaya Sydney

Tokyo Tsingtan Yingkow

E. W. DUGGAN,

Manager,

THE WING ON BANK LIMITED

Head Office: Hongkong. -26, Den Voeux Road Central”, Authorised Capital $10,000,000?

LONDON BANKERS Woatminster Band, Ltd.

Foreign Exchange and every descrip- tion of banking burmesies tranza

Current Accoimtai and

Accounts (opened "Fixed":

received: rates:

Jon application ecial rates, giv

Special depos

Bon Kont Понтий

£3,000,000

1,800,000

1,050,000

· 1,247,482-

Bank, 148. New York Penang Port Inila

(Mauritius)

Shanghai.

* Kuketan (Pahang)" Simila

Singapor

HONG KONG BRANOH

Every description of Banking, and Exchange bood

a trazzanetedek

Trevelar Chaquae jamak.

Trustee and Executorships under taken.

_INTEREST allowed on Current Accounts and Fixed Deponite on Matas hat mity be seertained on application.

PAREIL KENNEDY,"

Hong Kong, 1st April, 1985,

THE SHANGHAI CORIEKCIAL & SAVINGS BANK LIMITED

(Incorporated in Chias);

Capital paid up FUN$5,000,000. Reserves

$7,000,000. Capital Savings Dept. $800,000. Reserve, Bavings Dept. $800,000. C Head Ofen"

A Bank having sa ite mission the Industrial development of China and the fostering of hoe een TIMANT cial relations abroad.

Hong Kong offen=-7-Yen Ke

Is It Insured?

LOCAL SHARES.

TO-DAY'S QUOTATION

NEW YORK STOCK H.K. ENGINEERING

EXCHANGE

Renter Quotations.

April 10.

The following quotations from New York have been received by Reuter"

N.Y./London cross-rate

Lase

close 10.20 11.00

N.Y. Cotton-Julyg

Chicago Wheat-May 95%

4.84

AND CONSTRUCTION

COMPANY LIMITED

Loss On Year's Work Reported

NEW ADVERTISEMENTS

CHINESE CUSTOMS

-NOTIFICATION

CTING under instructions from

the Inspector General

taken over charge of the Chinese Maritime Customs for Kowloon and District from Mr. E. HATHURST,

Acting Deputy Commissioner in charge, ad interim

A. S. CAMPBELL,

ELSE ANNUAL MEETING ON APRIL 24 Chinese Customs, I have this day

1116 11.34 The thirteenth annual general The following is the list of local N.Y. Rubber-July 11.13 1148 meeting of the Hong Kong -En- share quotations issued to-day Chicago Cora-May 891497gineering and Construction Co., Montreal SilverMay 68.05 09.50 Ltd., will be held on Wednesday, Banks

Silver Official

* 624 63 April 24, at noon, at Messrs. H.K Bank $1200/70 and

Apr 8 clase Change Lowe, Bingham and Matthews. Commissioner of Chinese Customs,

Kowloon and District. H.K. Bank (London) £12014 n.00 Industrial 302,66 104.32 167 up The Loss for the year, after

20 Ralla 29.12 20.06°2:04 @up!

York Building, charging $8,708 for normal depre Chartered Bank £143⁄4 à 20 Utilities 17.6117.84 29 up 14,49) 04:48. 03 up Mercantile Bank A. & B. $314 240 Bonds Mercantile Bank 0.18% Bank of East Asia $852 . Am: O Finance Corp, Sh.$20. China O Fin. Ord.; Sh. $1.80 n. China O. Fin. Pref Sh. 84% n.

Insurances.***

Canton Ins. $260 m Union Ing. $450 b., $430 ., $425

China. Underwriters $1.30 n. China Fire Ins. $400 n.. H.K. Fire Ins. $215 n. International Assce. Sh. $5 p.

Shipping.

Douglases $39 n. HK Steamboats,' $74, n." Indo-Chinas (Pref.), 880 m. Indo-Chinas (Def.), 388, n. Shells (Bearer) 58/9 n. Union Waterboats $11 n.

Mining.

Antamoks 93-ets. n. Balatoes $43 n.

Baguio Gold 35 cts. n: Benguet Consolidated $14 n Benguet Exploratien 15 cts. n. Benguet Goldfield 10 cta. n. Big Wedge 10 cts. n. Gold Creek 40 ctum. Gold Rivers 10-cts. b. Ipo Mining $14. Itegans 42 cts. n. Salecots 16 cts. n.' Kailan Mining Ad, 15/6 n Langkats (Single) Sh. $18 S'hai Exploration Sh. 45 S'haf Loans, Sh. 46 m. Raubs 85% n...

Venz: Goldfield $5 n. Docks, etc.

HK. Wharves $91 n., Cum, rts. H.K. Wharves ex right $90% n. H.K. Wharves right $11 b. H.K. Doek $944 m. Providents (old) $1 n. Providents (new) 20. cta. n' Hongkews, Sh. $809 m. New Engineering Sh. $5 s. S'haf Docks, Sh. $120 n.

Cotton Mills;

Ewo Cottons Sh. $8,80 m. Shanghal Cotton (old) Sh.$74 n. S'hai Cottons (new) $45 n. Zoong Singa Sh. $9.30 n. Wing On Textiles, Sh. $55 m.

Lands, Hotels, etc.

H.K. and S. Hotel $4.80.8. H.K. Lands $42 n.

H.K. Land 4%

102% n

Debentures

Shanghai Landa Sh. $18 n. Metropolitan Lands. Sh. $12.20 n. Humphreys $911⁄2 m

HK. Realties: $5.10. n.

Aala Realties "A", Sh. $100 z, "Asla Realties "B" Sh. $15 D.

Chinese Estaten $90 m China Realties 8h, $9,60'.n.` China Debentures: Sh.128 D.

Pablle UtBitlem

H.K, Tramways $1534 m. Peak Trams (old) $8% n. Peak Trama (new),. 36 n. Star Ferries $90 n. Yaumati Ferries. $22 n. C. Lights $92. fi H.K. Electrice $65. Macao Electrics, $25 n. Sandakan Light $7,8 Telephone (old) $231⁄2 8. Telephone (new) $10.10 n. China Buses Sh. $12,40 n. Singapore Traction 10/3 n. Singapore Pref. 20/6 n,

" Industrials D

Malabon Sugar $8

Cald: Macg. (Ord.)," Sh., 316, n... Cald: Macg. (Pref.), Sh. $18 n. Canton Ices $2%, navo Cements 88%, Converted. H.K. Ropes $2.80 1.6

Stores, ete. Dairy Farms $19.20 m. Watson 64, n. Lane, Crawfords $8.75 a Mackintoshe, $21 162 Sinceres $8.XARDING WILL Powells, 70 cta, Wing On (H.K) 3105 n.

Miscellaneous H.K. Amusements: $1.88 Entertainments 86.40. n. 8:0 Enterprises Macau Greyhoun

11 Commodity

Index. 56.08 57.14 304 up 10 Leading Stocka Amer, S

Smelting

J. I. Cane Auburn

Elec Bond & Share,

General Motors Int Tel & Tel Nat Distillers

Montgomery Ward N.Y. Central U.S. Steel

Business Done: 860,000 shares.

elation and after: providing for Hong Kong, 9 April, 1985. Directors and Auditor fees,

amounts to $30,087.02. This loss,

together with $114,404.80,- being:a

further depreciation written off VICTORIA RECREATION CLUB Assets and Stocks and which has

been deducted from the Balance of

the Profit and loss Account, and

277 General Reserve Account, leaves a TH

25% total of $7,569.30.000

16%

0134

COMMODITY PRICES

The following quotations, bave been received by Reuter. New York Cotton:-

Apr. B. Apr. 9. Closing Closing

17.28 11.09. 11.16 11.84

REMINDERS

THE ANNUAL GENERAL MEETING of Members will

This amount the Directors re-be held at the Club this evening. commend should be carried forward WEDNESDAY, the 10th. April at to the credit of next year's Profit 5.00 PM:

F. W. T. ROSS, and Loss Account;

Hon. Secretary

*

Mr. M. H. Lo was appointed a Director on July 4, 1984; vice. Mr. Lo Cheung-shlu, deceased, and his appointment requires the confirma- tion by the shareholders,

Mr. M. H. Lo and Mr. J. Scott- Harston retire by rotation, and, be ing eligible, offer themselves for re-election,

LOCAL DOLLAR IMPROVES

Silver Prices Advance

The local dollar has risen, opening on demand this morning at |2/04/20

Silver prices improved, spot being quoted at 28-15/16 and for ward at 28-15/16.

May July

October

10.84.

10.96

December

· 10.90

11.04

January (1986). 10.92

11.05

March

10.99

11.12-

Spot

11.40

*11.55

New York Rubber:--

May

11.02

11.34

July

11.13

11.48

September

11.31

11.61

October,

11.88.

11.69

December,

11.52 11.85

January

11.58:

11.91

Chicago Wheat:~

May

952

96%

July

0276

024%

September

925%

92%

Chicago Corn

29

May

88

87/2

July

80%

82%

September

·754

77%

Winnipeg Wheat:-

May

87

New York Silk:—!

July

87% 88

May

1.32

1.32

New York Sugar!--

[July:

1.81

1.31%

Old New Old New September

1.30%

1.302

May

2.26 2.25 2.25 2:28 Montreal Silver:-

July

2.32 2.32 2.32 2.80 May

69.05

63.50

September

2.38 2.87-2.37 2.86 July

'63.70'

04.20

December

2.45 2.43 2.44 2.41 September

64.45 64.95

Jan. (1986)

65.50

[66.00)

The London on New York cross- rate was quoted at £U.S.$4.84%,|

compared with EU.S.$4.83, while the New York on London rate was quoted at £-U.S.84.84, as com-l pared with _—U.S.$4.83%1⁄2.

2.36 2.83. 2.35 2.82* December

S. E.

E. Levy & Co.

7, ICH HOUSE STREET

INTERTMENT BANRERS L'BROKERS'

MEMBERS

NEW YORK COTTON EXCHANGE

COMMODITY EXCHANGE, ING, NJ

CHICACO BOARD OF TRADE

CANADIAN COMMODITY: TICHAN

CORRESPONDENTE POR

WHITE, WILD & COG, NEW TORI

HONG KONG CRICKET CLUB

TENNIS TOURNAMENT ·

Open Doubles Semi-Final... Thursday, 11th April, 4.30 p.m. H. D. &.8. A. Rumjahn

V8.

Paul Kong & Lee Wai 197

Admission to Stand $1.00. (incl. Tax)

Booking now open at Moutrie & Co.

INITIAL SHOWINGS

IN COLONY !

FREDERICK WHITE & GILBERT

..CHURCH: PRESENT.

The Lost Chord"

BASED ON SIR ARTHUR SULLIVAN'S IMMORTAL SONG with

JOHN STUART MARY GLYNNE

· ELISABETH ALLAN

Julius Hagen British

Production TO-MORROW at the STAR

WING ON'S

SPRING SALE

NOW

PROCEEDING

time

purchas

ONG