1935-04-25 — Page 6

BANKS

HONG KONG AND SHANGHAI" BANKING CORPORATION

$50,000,000 Issued and Fully Paid-up. 20,000,000 Reserve Funds-

Authorised Capital ..

Reserve Liability of Pro-

prietors

HEAR OFFICE: HONOTONO, BOARD OF DIRECTORS.

Chelena.

4. Kulgbt, Kag

Deputy Chairman.

W. 11. Bell, Exq. K. S. Morrison Esq.,

A. 1. Compton Esq.,

M. T. Johnson, Esq.

Hon. Mr. J. J. Paterson,

T. E. Pearce Esq.,

G. Miskin Esq

V. M. Grapharm, ‘hot-

Chief Managare

KUALA LUMPUR LONDON

BANGKOK

AMOT

BATAVIA

BONBAY

MANCHES

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1858.

BEAD OFFICE: LONDON ..

Dill

trampasind.

+

Raracal

Willowan

THE CHINA MAIL. THURSDA

APRIL 25, 1935.

Commerce and Finance

COMMODITY PRICES

The following. quotations bave been received by Reuter.

Sterling. £. 6.500.000 Silver

$10,000,000

Paid-up Capital

43,000,000

Réserve Fund

20,000,000

Reserve Liability of Pro-

prietors

£3,000,000

£8,000,000

Agencler and Branches!

11ob30

Rangoon

Apr. 23. Apr. 21. Closing Closing

Ampitens

[pok

thangkok

Balion Katering

New York Cotton:-:7)

Bombay

koba

Cati

kimus

Kuala

Berba

Bhanghal

May

11.45 11:43

Singapor

Beaton

July

C'ersport"

Kurblog

Kourabaya

Cabu

Madena

Tashing

October

11.53 11,53 11.22 11.20'

Celosabe

Restin

Wedno

Tourbak

December

11.20

11.20

Husba

New York

(Phuket)

Jun. (1936)

11.31

11.29

Flunburs

Triplog

Isington

| Hankow

(Paking)

Yokohama

Hazbin

Tepang

Zamboang

March Spot

11.80

11.40 11.36 11.30

11.77

11.67

July Manager. September

11.88

11.78

12.04

11.88

October

12.12

11.95

December

J2.22

12.12

January

12.28

12.17

Chicago Wheat:-

May

99

July

98

Market closed

September

98%

Chicago Com:~

May

88

¡July

823%

Market closed

September Winnipeg Wheat:-

78%

88

892

8734 88%

New York Sugar:-

INST

You may obtain a Bafe Deposit Box in this most up-to-date Vault forḥ, your own usa at a very moderate Hen.

May Ital.

Inspection Cordially Invited. July THE NATIONAL COMMERCIAL Sept.

& SAVINGS BANK, LTD. Corner of Ice House Street-and

Des Voeux Road, Cantral -

Jan. (1936)

New York Silk:-

May

1.36

1.33%

July

1.85%

1.33%

September

1.34

1.32/4

70.00

72.40

71.65

73.00 ·

1

S

CALCUTTA DANTON CHEFOO DOLUNDO DAIKEN POCHOW HAIFUONG HAMDORO

MANKOW HARDIN TANGREW

11-14)

ROWLOON

LYONN.

MALACCA

MANILA

MUA (char)

MCKDEN

NEW YOR

PRIPING

PENAND RANDOUR

BAIGON

BAN FRANCISCO

SHANGHAY

SINGAPORE

SHADATA

HENUTI PATANI

TINTA

TOKYO

THI NOTAQ

YOKOHAMA

L'irrent Account open to Loval Currency. Fired Depoolsa tomired for one year DE shiter periods in recal Company and Sterling

in whirk will be quoted an application.

Hong Kong. 6th April, 1935.

Foreign, Kurkings and General Banking busines New York Rubber:-—-- Curea & couple opened and Fixed Depoalle rvised for one year or shorter periods a rate May

|which will be quoted, on appiration.

A. BREARLEY.

Hong Kong, 1st. January, 1935.

SAFETY FIRST I

To Safeguard Your Valuables and Jewelleries,

Deposit them in a Vault

that is really: a FIRE - PROOF

BURGLAR-PROOF

DAMP PROOF!

OUR SAFE DEPOSIT VAULT

Our

located on the Mexanine Floor of MAY HÒNG KÒNG SAVINGS BANK.cted to provide all of these Im July

.

the Budamer of the bore Back in sonducti

ed by the HONG KONG AND SHANGHAI

KING CORPORATION, Hulse

FOR THE HONG KONG AND SHANGHAI BASKING CORTONATION

V. M. GRAYBURN,

Chief anget.

New building is Specially Con

[portant Qualities.

Mul on Application.

Hong Kong. 26th February, 1935.

THE BANK OF EAST ASIA, LTD.

Authorland Capital a

Flap Capital menuntas More abé l'udirided Trole

$10,000,000,00 3,44,900,00

HEAD OFFICE:-FONO CÓNG

1. Des Varun Fond Desira

BAD OF DIRECTORS—

81 ou ann Chow, Chairman.

La Love Chuu, g. 31. Krk, E.

Ten Tong, Eng., Cher blog Abak, Regu, Là Bass Lean Wong Cr. Sion, Bag, and Esa Tint

Kan Tong Po, Eng.. Gidel Muangur, Ki The Fong Baq.. Masaqur.

BRANOBES AND AGENCIES:--

·

Am

Salaria

Bombs

N

New York

Bla Bemarenj

Dingapore

Dakta

Parts

Psipide

bydwy

Tyng Hangoon

Calella!

Haiphong

Kan Francis

Talks Vionicim Tokyo Торонтог Yokoham

Krwione

Every decempion beatoses imestad.

Arsaute operiod in Loui

Dec.

No. 1 No. 3 No: 1 No. 8 Con. Con. Con. Con. 2.36 2.35 2.36 2.35 2.44 2.43. 2.44 2.43 2.48 2.61 2.48 2.51 2.58 2.65 2.59 2.55 2.48 2.35 2.45 2.30

THE BANK OF CANTON, LTD. Montreal Silver:

Established 1912.

་ ་

Head Office-Hong Kong.

May July

#11,000,000 8,655,000 82,170,472

September December

b-bid

Authorised Capital Paid-up Capitai Total Resources Branches: Canton, Toliban, Shanghai, Hankow, Bangkok & San Francisco, London Bankers: Lloyds Bank. Låd,

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

Current Accounts opened and Fixed | Deposits recsired for one year or shorter periods as ratsa which will be

• quoted on' application.

at Bauklus and Exchangi Loans SALE an approved:

Carross

72.45 78.70 73.606 75.36

NEW YORK STOCK EXCHANGE

Reuter Quotations

April 26.

Safe Deposit Boxes, (various six). The following quotations were re- for hire.

THE

Fised isposite received for pas y AMERICAN EXPRESS COMPANY, NY. Rubber

shorter surfode, in Local and Foreign Currenedas

kerm which will be quoted an application. Bale Treports Boxes To La

LOCAL SHARES.

TO-DAY'S QUOTATION

NEW YORK STOCK MARKET

Irregularity Due To Profit-Taking

SHOULD BE BASIS FOR SELECTIVE ADVANCES

in their market report, Messra S. D. Levy and Company, cortes

The following is the list of local pondents for Mesara, White Weld ahare quotations issued to-day:

Banks.":

H.K. Bank $1100 s.

K.K. Bank (London) £126 n. Chartered Bank $14 n.

Mercantile Bank A. & B., 8814 Mercantile Bank C. £181⁄2 n. Bank of East Asia $81 m. Am: O. Finance Corp., Sh.$15 'n. China O. Fin. Ord., Sh. $1.80 n. China O.Fin: Pref. Sh. $41⁄2 n. Insurances,

Canton Ins. $215 m.

Union Ins. $385, n.

China, Underwriters $1.30 n.

China Fire Ins. $400 n. H.K. Fire Ins.. $215 n.. International Assce. Sh.$44 n..

Shipping...

Douglazes $39 n.

H.K. Steamboats, $7% Indo-Chinas. (Pref.), $30 n. Indo-Chinas (Def.), $88 n. Shells (Bearer) $53,'9 n. Union Waterboats $11% 1.

Mining.

Antamoka 03 cts. n. · Balatoes $43 n. Baguio Gold 25 cts. n. Benguet Consolidated $14 n. Benguet Exploration 15 cts. n. Benguet Goldfield 10 cts. n.. Big Wedge 8 cts. b. Gold Creek 40 cts. n. Gold Rivers 10 cta. n. Ipo Mining $13⁄4 n.

·Itagana 42 cts: n. Salacots 16 cts. n..

Kailan Mining Ad. 18/6 n. Langkata (Single) Sh.$14 n. S'hai Exploration Sh.54% p. Shai Loans Sh.85 m Raubs $5.

Yenz; Goldfield 35 p. Docks, etc.

H.K. Wharves $90 n. Cum. rts. H.K. Wharves ex right $90 n. H.K. Wharves right $10 b. H.K. Dock 5934 n. Providents (old) $1 n." Providents (new) 20 eta. D. Hongkowa Sh3275°n.

New Engineering Sh.85 n.. S'hat Docks Sh. $110 n. *-

Cotton Mills.

and Company, New York state;---

PUBLIC AUCTIONS.

HE undersigned have received Instructions to sell by Public

Auction

CON Tuesday, the 30th. April, 1935, commencing at 10.00 am.

at No., 9, Middle Road, Kowloon. A Quantity of VALUABLE HOUSEHOLD

**FURNITURE On View from Monday the 29th. April, 1935,

Torms: Cash on delivery

LAMMERT BROS.,

Auctioneers

Stocks Considerable profit- taking caused irregularity to-day. We expect further profit-taking to- Hong Kong, April 25, 1985. morrow which, if it is as wellTHE undersigned have received absorbed as in the past few days, should provide a basis for further Instructions to sell by Public selective advances Business.done: 1,280,000 shares.

....

Grains: The comparative steadi-i : ness of the Winnipeg and Min neapolis markets is reassuring| Weather conditions have very

| alightly improved. We would.pre-

fer purchases on weakness.

Ewo Cottons Sh. $8.30 n.. Shanghai Cotton (old) Sh.$68 n. S'hal Cottons (new) $42 n.... Zoong Sings Sh. $8% n. Wing On Textiles, Sh. $55 m.

Landa. Hotels, etc... H.K. and S. Hotels $4.80 s. and-sa. H.K. Lands $89 n.

H.K. Land 4%

100% n.

Debentures

celved by Reuter:- LOOK POONG SHAN, D

Chief Manager | N.Y./London NY: Cotton

July. Oct,

July

INC.

Sept..

11.88 12.04

cinsa 10.2011.06 4.84% 4.83% 4.83

11.50

31.51 11.48 11.22 11.10 11.17

11.81

11.85 11.95 11.99

KAN TONG PU.

C, Wheat May 09

Chief Manager.

Head Office: 65, Broadway, New York

July

38

C. Corn May 8814

W. Wheat May. 88%

88

STOCKS:--

2,087,112,49

Amer Smelting 40%

40

40%

1.995.828.11

Con Gas N.Y.

231

23

23%

Du Pont

D8%

97 97%

BRANCHES:

Elec Bond & Sh 7

7£

7%

G

The Hagus

Milan

Napias

General Motors' 30% Int Tel & Tel

30%

30%

7%

7%

74

HATIDE

Loew's Inc

98%

38%

38

Aais Realties "B" Sh. $10.

Pirova

Elsenborg

Part

Montgomery W. 25%

253

26

Nat Distillers

27/

27%

Firema

Heidelberg Interlakes

N.Y. Central

16% 17%

1714

and

General

Brusale Claire

Zerumiem London

Standard Oil NJ 41% 41%

1

Ilvato

U.S. Steel

33

33

41 $3

Capital ... ......U.B.$8,003,000.00

THE CHINA & SOUTH SEA BANK, Surplus .....

Rentres 4°44, VANT

LIMITED

(Incorporated in China)

Heel Ofice...Shanghai

Capital

$7,500,000.00

.$1,500,000.00

Reserve

Branches

Arsim Antwerp Athong

AMULY

Beajie

All Important Citice Berlin

Bombay

in China

Foreign Exchange

Banking Business transacted.

Current and Saving Accounts opened and Fixed Deposits received for 056 year or shorter periods at rates which will be quoted on application.

SOU Z, CHANG,

Manager

HONG KONG BRANCH: 24, Des Voeux Road, Central. Manager's Omes....Tel. 38565 Foreign Exchange Dept.

General Office

Cambler's Office

88666 88567

T

82569

THE YOKOHAMA SPECIE BANK LIMITED.

Established 1880

Capital (fully paid-up). Yen.100,000,000 Yen.125,800,000 Reserve Fund"...

Head Offen:---YOKOHAMA

Brenches and Agencies at:

Nagsankci Naroys New York

Alexandria

Batavia

Barlin

Bombay

Calcutta

Canton

Dairen (Dalny)

burg

Oaks

Paris pelping Rangoon Fengtien (Mukden) Rio de Janeirs

San Francisos Seattle

H

Bankow

Harbin

Hong Long

Henofold

Heinking Kayach

Kobe

London

Los Angeles

Somerang

Shanghait

Manila

Bydney? Tokyo's Taingtan Yingkow

Moji

Intersit allowed" ok

2017.08.

Calcutta Седов Colombe Copenhagen

TAROT Engrac

Pulpin Palerma Rotterdam Roma Banglad

Bonpo Blogspo

Edlebargh

Marmeling Mon. Cela

Florine

Goth

Munish

Tadrolon

Vanion Zokoht.com Ladick

Mundis

Montrea

Branches of American Express Com- pany In Principal cities of Unfbed Etates of America and Canada, ⠀

Pransactions undertaken.

**

LOCAL PURCHASE OF FREIGHTER

Oil-Burner Forafic Changes Hands .....

It is learned that Messrs. Wil-

All classes of Commercial Banking liamson and Co. have purchased the former Bank Line freighter Forafic, now discharging cargo at No: 4 buoy.

Personal investment Recourta handled

Built in 1909 at Glasgow by The Company offers to intending Barclay, Curle and. Company, Ltd., Travellers the use of it's "Travel the Forafic is a steel vessel of 8,- Cheques" and Letters of Credit and 475 tone gross. Though built as a

addition, the world-wide services its thoroughly equipped TTR: De steamer she was converted to an partment.

oll burner shortly after having been built, and. has since then changed her name a number of Managemes/

E..W, DUGGAN,'

THE WING ON BANK LIMITED

Head Office: Hongkong.. 25, Des Voeux Road Central' Authorised Capital #10,000,000

LONDON BANKERS-LES Westminster Band, Ltdag Foreign Exchange and every descrip- [tion of banking businesses transacted. The A Corrent Accounts and Bavings opened Fixed Deponite received at rates which will be quoted

Special Special

Trusteeship and

on applicants

and Executorship under Safe Deposit Boxes for fire,

·Hapogita received fur· Arado periods WARDEN BLIP GOCKCHINAGPA

rates to be obtained on applies

CKISHINAMI:

Kon 111 Mirabe 1938,

Ms & Chief Manager LAGOCKGĦIN, S ||AME" Manage

Aist

The vessel will go into commis-

will so into sion for her new owners imme diately.

THE SHANGHAI COMMERCIAI & SAVINGS BANK LIMITED. (Incorporated in China)

Capital: pakt uppout Capital Savings

Reserve. Bavings

Head Ofos“

A Bank Erving as Na zulation industrial development

Sand the fostering

cial relations abroad:

Shanghai Lands Sh.$20. Metropolitan Lands Sh. $10 n.. Humphreys. $03⁄41⁄4 ̄n.

"H.K. Realties $4.85 n.

Asia Realties "A", Sh. $75 n.

Chinese Estates $90 n.

China Realties Sh. $7 n.

China Debentures Sh.8129 n.

Public Utilities

· H.K. Tramways $14 n.^. Peak Trams (old) $83% n. Peak Trams (new). $6 n. Star Ferries $89 n. Yaumail Ferries $22 n. C. Light $91⁄2 8. and sá, H.K. Electrics $64, sa. Macao Electrics $25 n. Sandakan Light $7 mi Telephone (old) $22 n, Telephone (new) $10.10 n. China Buses Sh. $11 n. Singapore Traction 10/8, n. Singapore Préf. 20/6 n..

Industrials Malabon Sugar $81⁄2 nộ Cald: Macg. (Ord.), Sh4191⁄2 n. Cald: Macg. (Pref), Sh. $142 n. Canton Ices $23⁄41⁄2 n. Cements $7.40 n., Converted. H.K. Ropes $2.60

Stores, etc. Dairy Farms $174 m. Watson $8%

Lane, Crawfords $8% n. Mackintoshs, $21 n. Sincares $8 D Wm. Powells, 70 cts. n. Wing On (H.K.) $105 n.

Miscellaneous, H.K. Amurements $1.85 7. Entertainments 36.40n. S. C. Enterprises $1.85, n. Macao Greyhounds" $2 m. Constructions (old)$1.40 Constructiona (new) 45 cts, n Vibro Pilng 16 nozi Ch. Govt 5% 1925 G#Ba

98% % Th

n.

of

Cotton: Only light tenders May cotton are expected. Outside interests are still 'on' sidelines.

"Rubber:-The position remains unchanged. Total salés: 265 lots. Our New York office. cables The opening of the Grain, Ex- changes has been postponed.

Difficulties on the part of a local grain firm are likely to cause further pressure in grains.

Flashes:Average daily petro- leum production for the week end- ed April 20 was estimated at 2,590,000 barrels, compared with 2:582,000 barrels the previous week.

Weekly electricity production| totalled 1,702,000,000 k.w.h., an in- crease of 1.7 per cent from the corresponding period of last year.

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

for

"Stocks: Rumours of another rise in the allver price influenced the continuation of demand for metal issues, whilst some invest- ment buying was, reported in utility stocks. There was Rome irregu-| larity in motor shared on account of fears of further labour, trouble.

"Grains: The Minneapolis and Winnipeg markets were easy early in the day, but recovered one, cent later in the session. Reports of heavy rains in Nebraska and mol- sture in parts of the Spring Whent beit were the principal influences early in the session. There was practically no precipitation in the [South-West. The Board of Trade will open at the usual hour to-mor

row:

Auction

***Sugar: The market was steady throughout the session. Actuals were dull, but there was no indica tion of any weakness on the part) of sellers. Stored Philippine augars were sold at 8.85 cents...

ON

Tuesday, the 30th. April, 1935, Commencing at 5.15 p.m.

at their Sales Room,

Duddell Street......

A Valuable Collection of

⠀ POSTAGE STAMPS"

On View from Monday the 29th, April, 1996.

Terms: Cash on Delivery

LAMMERT BROS.,

Auctioneers.

Hong Kong, April 25, 1935.

gone

"Cotton: A festure of the market ie the widening of discounts on dis tant options as compared with near Ex [months, due to covering of May and July cotton, while selling was most- ly in far months, ple

"Rubber: The market was steady, email but quiet. Dealers were buyera. There was some Commis sion house selling of May rubber.

X

Everything BUT YOUR SAVINGS

RENT

FOOD

CLOTHING

HEAT

TAXES

WATER

CHITS

SAVINGS

SAVE SOMETHING

START NOW UNDERWRITERS

SAVINGS BANK FOR THE FAR EAST, INC.

Asia Life Building. Hong Kong

Tel. 30234

LOCAL DOLLAR ADVANCES

Up Three Farthings

NEW ADVERTISEMENTS

PUBLIC AUCTION

ARTICULARS & CONDITIONS

Pof the Sale by Public Auction

to be held on MONDAY, the 20th day of April, 1985, at 5 p.m., at the Offices of the Public Works Department, by Order of His Ex cellency the Governor, of öne Lot of Crown Land at Ho Mun Tin in the Colony of Hong Kong, for a renewal at a Crown Rent to be fixed term of 75 years, with the option of by the Surveyor of His Majesty the King, for one further term of 75

years.

PARTICULARS OF THE LOT.

Bagistry No

No. of Sale.

Locality.

The local dollar has advanced 4 opening on demand this morning at 2/8/1.

Confleting rumours regarding the automobile strike situation are The outside [causing nervous) 29.

market continues to rule dull,

"Flashes: The Consolidated Gas Company of New York has earned Spot silver was quoted at 23 18/16, while forward silver was $2.03 per common share for the quoted at 32 15/16.2017

N...

Boundary

5. z

W

7

'AX } per] 1630 | plan,| 23,920

PUBLIC AUCTION.

ARTICULARS & CONDITIONS.

Pthe Sale by Public Auction

to be held on MONDAY," the 29th day of April, 1935, at 8 pm at the Offices of "the Public Works Department, by Order of His Excellency the Gov- arnor, of one Lot of Crown Land at Mount Cameron, in the Colony of Hong Kong, for a term of 75 years, with the option of renewal At a Crown Rent to be fixed by the Surveyor of His Majesty the King, for one further term of 75 YOLTE.

PARTICULARS OF THE LOT.

No. of Baie

Registry No.

Locality,

Barker Road.

It

Menurmenia.

1.

Square feet.

ft

Ft About

As' par tāls plan." 8,300 85

Is It Insured?

Insuranon -- All Classes

LOWEST RATES:::

American Atistic Underwitter

Fed. Inc., USA,“ General Agenta :-

Head Oßce

17, The Bund Shanghaf

H.K. Once Anis Life Building

Tel. 30234

TUNG CHOW PIRACY ECHO

Stolen Notes Found In Hong Kong

Ylu Heung was yesterday sen- tenced to three months' hard labour

year ending March '81.. Average dally production of petroleum for The London on New York cross- at the Central Magistracy for the theek ended April 20 was estimate was quoted at U.S.$4.83 unlawful possession of 172 Bank of as compared with US$4.84% China (Tientsin Branch) $1 notes, mats at 2,590,000 barrels, com- pared with 2,582,000 barrels of the while the New York on London

Cross-rate was quoted at previous week: Weekly electricity production totalled 1,702,000,000 ..$4.88% as compared with

U.S.$4.877 k.wh, an increase of 1.7 per cent. from the corresponding period of last year."Reuter,

(Continued on Page 10)

RAW RUBBER PRICES

Latest Quotations From

Singapore

Heaars: H. B, Joseph and Co. have received the following Straits Cur renty quotations from Singapore for Raw Rubber

Spot 19% down July-Sept. 20% down Oct-Dec. 21% unchanged. Market Dull. Selling price

cent higher on all positions.

The Hong Kon) Stock Exchange have received cable to-day Messrs Derrick

from

pram,

teres of the Raup

Gold

Mining Co. Ltd. Sin

The output for the

H.K. Goyt 4% Loan; 6%%% ren

-betul

H.K Govt 8% Loan 2%

Wallace Harpers 36

20hrApril 1935 to

At a previous hearing it was stated that the notes were among the property atolen when the Tung Chow was pirated.

S. E. Levy & Co.

ICK HOUSE STREST

INVESTMENT BANKERS +4 BROKERS

NEW YOLL COTTEN EXCHANGE

COMMODITY EXCHANGE, INC. N.I.

CHICAGO BOARD OF TRADE GANADIAN COMMODITY HICHANGE, INC.

TORE.