1935-04-23 — Page 6

BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION "

Authorised Capital ....

,350,000,000)

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,

ved and Fully Paid-up 20,000,000 Incorporated by Royal Charter, 1868.

Reserve Funds:.........

Saiver, ******£ 0,500,000

$10,000,000

herve Liability of Pro prietors.

HEAD OFFICE, TONGKONO, BOARD OF DIRECTON,

N. 1. Budwell, E-q,

Cherok

Kalgh, Ba, “

Deputy Chairman.

HEAD OFFICE: LONDON

King

20,000,000 Reserve Liability of

Paid-up Capital Reserve Fund

Pro-

priators

..3,000,000 £3,000,000

„£3,000,000

Agencies and Branches:

Bella

Amrist

Ipol

Bangoon Balgor

Bangha

Karand

Bateria

Bombay

Caleatu

Cate

Cawapres

Cabre

Coloerbe

Manila

Thislain

Dalki

:

Medeu

Tongkak

Hal

How York

(Ebokat)

Hamburg

HFinbow

Tarbla"

_ (Patton) Теведе

Tokeoama

Zamboanga

Horim

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

XH. Compton Esq..

M. T. Jobaton, Esq.

Hon. Mr. J. J. Paterson,

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

MAMOT

BATAVIA BOMBAY – JALOUTTA COANTON

QIRPOO COLOMBO DİREN WODOSIOW TAIPHONG

2. HAMRIING

JANKOW MAWRIN

TER הצוות

HOILO

DOH

KORE

KOWLOON

V. M. Graybars, hat

Chief Kunnger

BRANCHES que

KUALA LUMPUR LONDON

LYONS

MALACCA

MANILA

MUAR (Johor)

MURDEN

NEW YORK

PEITING

PENARD

BANGGUH

BAKION

BAN FRANCISCO

BHANGI

KINGAPORE

DURARAYE

SUNURI PATANI

TIENTUIN

TORTO

TRINGTAO

YOKOHAMA

&ounts speed in Los Darrenog. Pixel Deposits received for us TOM Merter periods in Leon Company and sorting -term which will be quoted in application. Hong Kong, 6th April, 1935.

| Lumpar

Turbing

Flangbal

Bigporn

Allowan Bombays Talpla

Foreigs, Buskaugu and Denora? Banking baalf these

Current Aborente, opened and Pisać. Depodle {Tecsival ke 900, your ́at shorter periods xi, raiso

which will be quoted an application,

A. BREARLEY.

Manager. Hong Kong, lat. January, 1935.

'SAFETY FIRST I

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

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

OUR SAFE, DEPOSIT - VAULT . located on the Mezzanine Floor of} Our | New building is Specialty Con-

portant Qualities.

THE CHINA MAIL, TUESDAY, APRIL 23, 1935

and

Commerce

Finance

LOCAL DOLLAR

ADVANCES

Up A Farthing

The local dollar has advanced opening on demand this morning,at 2/14

Silver prices were owing to the holiday.

not

quoted

The London on New-York cross-i rate was unquoted, while the New York on London cross-rate declined to £-U.S.$4.84%.

EXCHANGES

TO-DAY'S QUOTATION

On demand On Singapore-

On demand

HONG KONG SAVINGS BANK.cted to provide all of these Im-On Japan—

On demand You may obtain a Safe Deposit On India Mike THONG KONG AND BUANGHAI Boy in this most up-to-date Vanlt for On T.T. and Demand

your own use at a very moderate Ran- tal

The Busines of the above. Each fondues

BANKING CORPORATION,

para os application.

Rum may be

FOR THE HONG KONG AND HANGHAI BANKING CORPORATION

T. M. GRAYBURN,

Chis! Mank, Hong Kong, 25th February, 1935,

THE BANK OF EAST ASIA, LTD.

Baskerland Ongital "..... Map Capital

Lamere,kad Undivided Prošle

.$10,000,000,00 † 1,698,800.0: $3,484,900.00

HEAD OFFICE:-HONG LONG

12 Deux Road Cestral. BOARD OF

DIRECTOM

Bir bos-so thor, Chalaan.

Loon Chun, Erg. E. Ren

Woux

Inspection Cordially Invited. THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of, lea. House Street and Des Voeux Road, Contral

LOCAL SHARES.

TO-DAY'S QUOTATION

The following is the Bet of local sbare quotations issued to day:

Banks.

H.K. Bank $1170 H.K, Bank (London) £1251⁄2 ». Chartered Bank" £144 mes Mercantile Bank A. & B. $811⁄4 Mercantile Bank 0 £181⁄2 n.° Bank of East Asia $81. sa Am: 0. Finance Corp., Sh.620 China O. Fin, Ord. Sh. $1.80 n.° China O. Fin. Pref 8h 844 n

| Insurauces. Canton Ins. $250 s. Union Ins: $396 n. China Underwriters $1.30 1 China Fire Ins. $400 n. H.K. Fire Ins. $215 n. International Anate: Sh. $5 mì

Shipping.

Douglases $89 m.

H.K. Steamboats, 57% n. Indo-Chinas (Pref.), $80 IL. Indo-Chinas (Def), $85 m. Shells (Bearer) $53,9 m. Union Waterboats $111⁄21⁄2 n.

Mining.

New York Stock Market

Irregularly Higher- Price Expected

INFLATION PSYCHOLOGY- AGAIN GROWING'

In their market report, Mfessza.

|"spot" "houses and New Orleans

sold. The tone was steady.

Latest Quotations

The following quotations hav been received 'by Router: **

N.Y,/London

cross-rate

30

W

WAGES ENVELOPES

IN A WELL Sequel To Theft. Of £1,500

A curious discovery was made

Prev. To-day's recently following the robbery of aloss alasa £1,500 In wages packets from

Kemsley Paper Mills, Sitting bourne, Kent

67% Change

קט 51.

.02 off .55 up. .14 up

They recovered the parcels, which were found to contain all the wage packets, which Were empty. One of the wrappings of a parcel bore an address,

4.85 4.85 11.65 S. E. Levy and Company, corresNY. Cotton-July

11.50 11.5 Three, young men while walking pondents for Messrs. White Weld NY Rubber-July 11.84

Chicago Wheat-May 101 101% at Borden, near Sittingbourne, "dis and Company, New York state:-

"Stocks: The market ran into Montreal Silver-May 68.05 M. closed wedged about five feet down a well..

Chicago Corn-May 01491 covered two parcels and

*

gimlet a distinct Silver Official ... profit-taking, bat, on

.07% decline in the volume of trading,

Apr. 20 clone Industrials 109.76 110.27 we anticipate an irregularly high-

20 Rails

30.66 30.54 er market this week Inflation 20 Utilities 18.08 18.69 psychology is, again growing with 40 Bonds 94.92 95.06 capital turning to equities and 11 Commodity

Index real estate rather than to commo- .dities. Buying was of the best Amer Smelting

character. We hear that Commer Auburn cial Investment Trust Corpora- J. I. Case tion's earnings are excellent and 20 this stock. looks higher. Business done: 1,880,000 shares.

€0.84 10 Leading Stocks

Elec Bond & Share General Motors Int Te & Tel Montgomery Ward

"Grains Conservative "sources Nat Distillers indicate the domestic wheat crop N.Y. Central prospects at only slightly above U.S. Steel 600,000,000 bushels, with the car-

A gimlet, it is balloved, was used

in, forcing an entry to the house 38 of the cashier, where the key of the

mill safe was stolen.

221

$54

61

81%

8%

2514

23

MANCHURIAN TELEGRAMS

An average of 600 telegrams to 16% and from Manchuria, is being 33% Business Dones-1,380,000 shares. handled by the Tientsin Telegraph Office since the restoration of the land wires at Shanhaikwan. This

ryover small. We would accumu COMMODITY PRICES ure is much smaller than that for

[late grains on all dips. Total

sales: Wheat:-17,571,000 bushels; The following quotations have the

been received by Reuter

12

Com-11,307,000 bushels.

"Colton: The expected heavy New York Cotton:-- Government cotton-goods purchas-

April 21,

telegraphie communication. across the Great Wall before the Japanese seizure of Manchuria.

Everything

BUT YOUR

On London-

On T.T. and demand',

2/14

4 Months Sight

2/1%

Credits 4 months' right

2/234

On Shanghal

131.

es are likely to cause

occasional

Closing

Closing | ESXI

915%

Antamoks 93 cts...

182 Balatoes, $43 n.

142

Bagulo Gold- 26 cts, sa. Benguet Consolidated $14 n.

hard spots in futures. We feel May that the fundamental position July makes the maintenance of advan-October

December ces difficult.

"Rubber:-Demand for Actual Jan, (1936)

11,55

11.50

11.65

11.59

11.31. 11.27

11.38

gone. 11.38

11.42 11.35

On New York-

Benguet Exploration 15 cta. n.

On demand.

52

Benguet Goldfield 10 ctal n.

is dormant, with prospects of a March tyre price-war an additional check Spot ...

11.51

11.47

SAVINGS

11.90

11.85

Credits 60 Days'..Sight

53%

(On. Batavia—

Big Wedge 10 cts. mi Gold Creek 40 ets. n.'

to buying. Total sales:-362 lots. New York Rubber:--

"Flash:-MI!! activity is estim-May

11.74

11.85

fated at 44.6 per cent. of capacityJuly

11.84

11.95

RENT

On demand

774

Gold Rivers 10 cts. n.

as compared with 44.0 per cent. September

11.97 12.07

On Paris-

N

the previous week.

October

12.04 12.13

On demand

Credits 4 Months' Sight

787/2 .8271⁄2

On demand (On Manila-

On demand

782

Kailan Mining Ad. $19/— p. Langkate (Single). Sh. $15 D.

104

S'hai Exploration Sh. $5 n. S'hai Loans, Sh. 16 n.

E. A. Pierce And. Co's Report December Ід their market report, the January American Oriental Finance Cor-Chicago Whent:— poration, correspondents for May Messrs. E. A. Pierce and Company July

12.13 12.27

12.25

12.84

FOOD

CLOTHING

101%

101

101

101%

HEAT

Rauba 86% D.

of New York state:-

September

1011⁄2

101%

8,855,000 On demand- 82,170,498 Sovereigns bank buying

Hankow, Bangkok à Ban Francisco.

86%

Venz; Goldfield #5 p.

"Stocks: The failure of railroad Chicago Corn:- issues to show greater strength led May

TAXES

01

91

rate 2/2%

30-15/16

nom.

nom.

to profit-taking this afternoon. The July market is meeting with investment September demand, while some switching from Winnipeg Wheat:-

85

84%2

WATER

79%

7934

bonds into equitier was reported. May

89%

8934

CHITS

par.

"Grains: There was liberal pro-jJuly fit-taking in wheat and corn at New York times. Late in the day, the market

90%

90%

Sugar:-

No.1 No.3 No. 1 No. 3;

THE BANK OF CANTON, LTD. On Saigon→→

Established 1812.

Head Office-Hong Kong,

Authorised Capital ..... $11,000,000 On Bangkok- ¡Paid-up Capital

Tea Tour. Fag.. Chan ng Shel, Esq., Ed Total Resources ...

Zg, Wong Chu kem. Zag. and Han Ying Branches: Canton, Tolshan Shanghal, Bar silver per oz.

Han Toug Fo, Esq., Chin! Minngdr.

BRANCHES AND AGENCIES **=*/

Bandde

Parla

Paiping Penang

Kastle

[ūria

Melbourne

Late Bemarang

Nagmanzi

Dalmatia

New York

Osaka

heurabaya

$NOW

Sydney

Talbo

Rangoon

Stal

Skipod

Tokyo

San Franci

Tauroute Totokame

Urary description

of Barking and

Exchange

grilles.

Mario

Lesion

fetected. Louca gasted be approved

Dstreal Amounik opeissä

10

and Find Deponita received for the your w

London Bankers: Lloyds Bank, 'LAd., Bar Silver in Hong Kong

Foreign Exchange and Banking Copper Cash of every discription trans-Copper: Cents acted.

Rate of Native Interest....3% p.a. Current Accountà"opened and Fixed] Deposits reestred for one year or Chinese Sub. Coin shorter periods a rates which will be Hong Kong Sub Coin. quoted on application.

Safe Deposit Bozen (various sizes); for hire.

LOOK FOONG SEAN,

TEH

Chief Manager.

cise period in Local and Fonign Curren AMERICAN EXPRESS COMPANY,

which will be quased on spplication.

Bala Deponit Boxes To La

THE CHINA & SOUTH SEA BANK,

LIMITED

(Incorporated in China)

Head Ufice .Shangbal

...

Capital $7,500,000.00

Reserve

$1,500,000.00

Branches.All Important Cities

in China

and General Banking, Business transacted.

Foreign Exchange

Current and Saving Accounts opened End Fixed Deposits recefred 'for one year or shorter periods at rates which Will be quoted on application.

SOU 2.

CHANG,

Manager.

Cancer

ING.

27% dis par,

NEW YORK STOCK EXCHANGE

Reuter Quotations

"April 23.

The following quotations were re- ceived by Reuter:-

N.Y./London

close. 10.20 11.00 4.85 4,85 4.85 NY Cotton July 11.85 11.68 11.03

- Oct.

- 11,31 11.34 11.29 NY Rubber July 11,84 11.94 12.04

Sept.

11.97 12.11 12.10

102

101%

9134

89%

......U.S.$6,000,000.00

2,087,112.09 ****** 1,995,528.31

C. Wheat May 101%

July

w. Wheat May 89%

STOCKS:

Amer Smelting

KAN TUNG PO,

Chill Manager,

Head Offee-15, Broadway, New York

Capital

Surplus

Reserves

BRANCHES:-

101

Araslačam

"Ginegov

C. Corn May 91

Atas

The HAKUS

Haplov

Havaza

Pirac

Remiss

Hamburg

Parke

Berlla

Peipin's

Bombay Besmas Bespala Cairs Caleutia..

Colombe Copenhagen Dublin Edinborrh Plan

Heidelberg Interlakes Jerunalata London Liverport Тргов Logise

Marsellies Monte Claris Manlia

Palos Retardata Roma.

38%

Con Gas N.Y,

20

பிந்த

Du Pont

Elec Bend & Sh

Bispo

THEMES

31%

Taormina

Int Tel & Tel

81% 81%

814

Vipana

Fenlon

Loew's Inc

376

Tokoka

Montgomery W.

Они та

Muckh

Zurich

Nat: Distillers

HONG KONG BRANCH: 24. Des Voeux Road, Central, Manager's Office ......Tel. 88565 Foreign Exchange Dept. 12565 General Office

N.Y. Central

27 16

Standard Oll NJ 11%

16% 1814 41 41%%%

39%

3815 8314

13567

28569

pany in Principal cities of · United] ||States of Americs, and Canada.

Cashier's Odlos

THE YOKOHAMA SPECIE BANK LIMITED.

Established 1820

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

Yo.125,800,000

Head Ofice-YOKOHAMA

WBranchoe and Agmelu at: Alexandria

Bombay

Calcutta

(Dalay) Fengtion (Mukden) Rio de Janeiro Mumburg Hankow Darbin

Nagasaki

Nagoya

New York

Onaka

Paris

Kong

Petphar Hangson

San Franciaco Seattle Semarang Shangha

Henking

Lobe!

Soerabaya Sydn Tlentin

· Angula

Yingkow

Interest

How bampion

General Motors

Branches of American Express Com-U.S. Steel

38% 38% 22 2244 084 97% 984

7%

7/

38% 38% 25% 25% 25%

27% 27%

All classes of Commercial Banking RAW RUBBER PRICES Kransactions undertaken.

+'

Personal Investment accounts Latest Quotations From handled.

Singapore

The Company offers to intending Travellers the use of the "Travaloes

Messrs. H. B. Joseph and Co, have {Cheques" and Letters of Credit and,'

addition, the world-wide services received the following Straits Cur- its thoroughly equipped Traval Derency quotations from Singapore for partment.

Raw Rubber...

EL W. DUGGAN.

Manager,

Spot 19% up July-Sept. 20%.up - Oct-Dec. 21% up %. Market!-Steady. Selling price

THE WING ON BANK cent higher on all positions.

LIMITED

Head Office: Hongkong. 26, Des Voeux Road Central, Authorised Capital $10,000,000

LONDON BANKERS— Westminster Band, Ltd. Foreign Exchange and every descrip- tion of banking businesses transacted. Current Accounta and Savings Accounts opened, Fixed Deposita received at rates which will be quoted on application. Special rates given

Trusteeship: and

THE SHANGHAI COMMERCIAL &. SAVINGS BANK : LIMITED

(Incorporated in China).

000.

Capital paid up85,000,000. Reserves Capital Savings Dept. Reserva Savings Dept.

Head Onley-Shanghai

| A Bank having ni ita mission the

'allowed" on 'burant: 'As-Special deposit, ecuatorship under«/./Industrial "devalogment "od, China)

Deposit Boxes for hire.

received for fixed - periods taken. LIP GOCKCHINGLECI

to be obtained" as application.

Ɛand the fostering of her coxamer", [cial relations"nturosdise fileN

C. KISHINAMIAINE Matter Chief Manager pakabai · Hour Long olles--7, Ios Homes fe

MadManager.GOCKCHIN

Kong 11th March 1985,

Asst. Managme

ELI SHU FONGAN Photo #1031-3-3 S

Asst. Manager

Ipo Mining 81% 'n. Itegana 42 cta. 1.

Salacots 16 cts. v.

Docks, etc,

H.K. Wharves $90, n. Cum. rts. H.K. Wharves ex right $90 m. H.K. Wharves right $10. II.K. Dock $9 n. -. Providents (old) in, Providents (new) 20 cts, Hongkewa Sh. $300 n. New Engineering Sh. $5. S'hai Docks. Sh. (120 m:

Cotton Milla.

showed some strength, however, on" continued dry weather conditions|May and dust storms in the South-West July and in Canada. Bullish influences Sept. were a good decrease in the visible Dec. Shanghai Cotton (old) Sh.568 n. supply of wheat and corn and the Jan. (1936)

Ewo Cottons Sh. $8.80 n.

S'hal Cottons (per) $42 n. Zoong Sings Sh. 19.30 n. Wing On Textiles, Sh. $55 n.

Lands, Hotels, etc.

H.K. and S. Hotel $4.40 b... H.K. Lands $39 b

H.K. Land 4% Debentures

100% Ba.

Shanghai Lands Sh. $18 n. Metropolitan Lands Sh. $12.20 Humphreys $9 b H.K. Realties $4.85 n. Asia Renities "A", Sh. $100 n. Asia Realties "B" Sh. $15. Chinese Estates $90 m. China Realties Sh. $9.60 m China Debentures Sh.$128 n.

Public Utilities ・

H.K. Tramways $14/14 sa, Peak Trams (old) $8% ¤. Peak Trams (new), $6 n. Star Ferries $89 n.

Yaumati Ferrids $22 n. C. Light $9.45 b., $9% 88. H.K. Electrics $64 za. Macao Electrics $25. n. Sandakan Light 37 s. Telephone (old) 822 n.. Telephone (new) $10.10 'n. - China-Buses Sh. $12.40 m. Singapore Traction 10/3 n. Singapore Pref, 20/6 n.

Industrials

Malabon Sugar 381⁄2 n. Cald: Macg. (Ord.), "Sh.`$18 a.” Cald: Macg. (Pref.), Sh. $18 n. Canton Ice $23⁄41⁄4 n. Cements $6 b. Converted. H.K. Ropes $2.60 1.

Stores, etc.

Dairy Farms $17% er. Watson $9% sa," Lane, Crawfords $81⁄2 n. Mackintçehs, $21 m.. Sinceres $8 n.

Wm. Powells, 70 ́ets. m.] Wing On (HK) $105 n

Miscellaneous.

H.K. Amusements $1.85 D. Entertainments-88.40 n.

S. C. Enterprises $1.85 n. Macao "Greyhounds" $2 m. Constructions (old) $140 (n. Construction (new) 45 cta, n. Vibro. Piling $5 mi

:

CH. Govt. 8% 1925 G Bdt.-.-.

98%%. n.

H.K. Govt 1% Loan, 6%% prem

small stocks of corn..

Con. Con. Còn.. Con 2.86 2.34 2.85 2.86 2.42 2.42 2.44 2.43 2.49 2.47 2.51 2.48 2.56 2.53 2.58 2.54 2.45 2.36 2.48 2.95

SAVINGS

SAVE SOMETHING

START NOW

UNDERWRITERS

SAVINGS BANK

FOR THE FAR EAST,

INC.

New York Silk:----

"Cotton: Cotton was wanted on May ... setbacks, but meets with selling at July around the 1134 cent level for July. September This market was disappointing in Montreal Silver:- face of the advancing tendencies of May. other major markets.

1.34. 1.36

*1.322 1.36

-1.81%

1.382

68.06t

July

68.75t Market 69.65 closed 71.00

Hong Kong Tul. 80284

Apr. 18. Apr. 22. 7.15 7.12 48.95 48.95

"Rubber: The, market was steady, September but quiet.

The principal business December

t-traded here was switching May into later months and there was very little New York Metals: actual liquidation of May rubber,

In

"Sugar: Refiners have advanced Copper Jan. their Hat by 20 points to 5.10 cents Tin Jan............... per lb. Further business in May- Juno shipment was reported. raw sugar, forward shipment of Philippine sugar, was held at 8.45 cents. April 24 is the first Notice Date for May options.

"Flash: The Electric. Bond and Share Company has carned 15 cerita: on its common steeks for the year 1934. Mill activity is estimated at 44.6 per cent. of capacity as com- pared with 44 per cent. the previous week." Reuter.

Messrs. E. A. Flerce & Company's report on the opening of the mar- kets:

Standard Statistics states that irregular action is likely, with a re- versal of the "declining industrial curve not indicated until mid-sum-

mer,

Moody Investment Service states that the general market is unsettled on unfavourable near term business prospects.

Street

At the opening of Wall to-day the market was active and slightly higher, with steel issues lagging.

In cotton, the Continent and the domostic trade brought,

while

Is It Insured? ?

Insurance All: Classes. LOWEST BATES ¿5 American Asiatic Underwriters Fed. Inc. USA. General Agents.

Head Office

I.K. Govt. 3% Loan 2% prem 17, The Band

b.

Wallace Harpers 16 B

Bhanghai

WH

HE. Oes Asia Lifa Building Tel: 20214

Asia Life Building

REDUCE WITH

INKRETAN

A BIOLOGICAL PRODUCT IN TABLET, FORM

is

STANDARDISED

made by the same factory a

PROMONTA

THE WELL-KNOWN NERVE FOOD Obtainable from all dispensaries and stores Sole Agente:

BORNEMANN & CO.

Prince's Bullding.

Des Voeux Road, Central HONGKONG

S. E. Levy & Co.

7, ICH HOUSE STREET

INFÄSTMENT BANKERS L BRORERS

NEW, YOLK COTTON RICHANGE

COMMODITY EXCHANGE, INC. N.Y. CHICAGO

BOARD OF TRADE

CANADIAN COMMODITY. EXCHANGE, ING,

CORABAPONDENTS, FOR

WHITE, WILD & 006, NEW YORK