1935-04-26 — Page 6

BANKS

ONG KONG AND SHANGHAI BANKING CORPORATION

horised Capital...... ed and Fully Paid-up

Kerve Funds-

Sterling .....

£6,500,000

$50,000,000 20,000,000

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

incorporated by Royal Charter, 1858.

HEAD OFFICE: LONDON

Paid-up Capital

Reserva Fond

20,000,000 Reserve Liability of Pro-

23,000,000 ..2,000,000

prietora

.41,000,000

Agencies and Brancher

| Alor Blaz

Amritese

Jpch

Bangkok

· kiang

flaus

·Renarsag Beremban

Silver. $10,000,000 Barva Liability of Pro-

Frietors

HEAD OFFICE: DUNGEONO, BOARD OF DIRECTORA.

-8, H. Dodwell R

Chairman,

Knight, R.

Depcly Chainm-

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

SK. Compton Esq..

M. T. Johnson, Esq.

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

T. N. Greykum, hog.

Chief Manager,

BRANCHES om

Baby. Calzi

Hon. Mr. J. J. Paterson,

SMOT BANGKOK LATAVIA

Lò BẢY BALOUTTA BANTON. CHEFOO COLOMBO DAIREN. POOCHOW „MATPTIONG

THAMTITK НАНКОУ TARMIN SKOSOKEW

OHORE

KOLE

KOWLOON

KUALA LUMPUR

LONDON

LYORS

MALACCA

MANILA

MUAR (Joben)

MURDER

NEW YORK

PEIFING

PENANG HANDOUR

BALOON

HAN FRANCISCO

BHANGAT.

SINGAPORE

LAURA HATA

SONGEI PATANI

TIENTSIN

TOKYO

THINGTAO

YOKOHAMA

Parent Account opened in Local Currence

d. Find Deporite roved for one THS DE Pastrar perinde in Local Company and Beling enterats which will be queled on application, Hong Kong, 6th April, 1035.

HONG KONG SAVINGS BANK.

Robe

Lympus

Xucking Madran

BB

Cobo

BILL Sosisy Taiping

Colembe

Manila

Delhi

Medan L

Tonhah

Halpan

New York

Iambe

Haskor

Harbis

Popics

Tog WOLDE

Zalet Yok.me

Bambangs

Bong Long,

Foreign Bunkerge and Bomaral Banking busine

THE CHINA MAIL FRIDAY, APRIL 26, 1935

Commerce and Finance..

LOCAL DOLLAR SOARS

Silver Prices Rise

The local dollar has advanced a further 1%, opening on demand this morning at 2/5,

Spot silver as quoted at 34% while forward ailver was quoted ati 35.

The London on New York cross- rate was quoted at £-U.S.$4.88. as compared with U.S.$4.89% while the New York

on London

· Current Accounts--opened and Ful Depolcross-rate was quoted at

|rsos[red_for_non your or shorter pelada, në raise

which will be quoted na appēlesšios.

A. BREARLEY,

Manager. Hong Kong, 1st. January, 1935.

SAFETY FIRST!//

To Safeguard Your Valṇablan

10", and Jewelleries. Deposit them in a Vauly that is really: FIRE - PROOF." BURGLAR - PROOF DAMP-PROOF!

OUR SAFE DEPOSIT VAULT

located on the Mezzanine Floor of Our New building is Specially Con-

US.$4.83%, Rs compared with £- U.S.$1.834.

SHARP RISE IN. SILVER

London, to-day-Another sharp rise was recorded in silver yester day, following the raising of the United States price.

Spot' increased 2-1/16 to 34%d... the highest touched since October 1924-British Wireless Service.

RAW RUBBER PRICES

stracted to provide all of these Im- Latest Quotations From

portant Qualities;

You may obtain a Safe Deposit| Ofta Ayelneur of the avera i cadas

Box in this most up-to-date Vault forj the HONG KONG AND SHANGHAI

But oey - your own use at a very moderate Rèn- ASKING CORPORATION. Abtained on ..

{tal.

IM THE BOND KONG AND HUANGITAI RASHING CONTURATION

V. M. GRAYBURN.

Cho Mangas,

Hong Kong, Chth February, 1935.

THE BANK OF EAST ASIA, LTD.

Authorised Capital

-up Capital

Moterys and udlsided Prote

.

F

Inspection Cordially Invited. THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street und

Des Voeux Road, Central.

Singapore

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

a

Spot 19 % Up % July-Sept. 20 % Up Oct-Dec. 22 Up 1%.

Market: Steadier.

Selling price cent higher on |

00,000.00 THE BANK OF CANTON, LTD. all positions.

$7,04, 200.00

HEAD OFFICE: HONG KONG.

1 Vasa Zion Central,

BOARD OF DIRECTOR:

Koon Cheu,

P. K. Kwok, Eng.... Wong

Tong. Eng.. Chan Thing Shok, Et Len

E., Woof C1 Son, Bey, and Bus Five

Kan Tong Po. Eng., Chin! Managır.

BRANCHE AND AGENCIES |--

Bela

Bhanghai.

Kaalila

Air De

Bemarang

Momba...!

Nagk

Blowin

New York

Seniom

Singapore Bournays

Purin

Hanley Fasolle

Baricen

bydary

Friede

Talbok

Ital

Bagon

Takya

San Franc

Motor Yotekama

1'riping

Currenc 2008

Every dorpion of Daubing and Exshongs Loue ginuled approved

PROELLA,

. Carl

or

Aroun apesać la Local 264 Fixed Deposite caired for one sbarier perinde in Local and Foreign Currencies * fotos woich will be quoted no application.

Bale Report Deere To L

Capital

SAN TONG PU,

Chief Manight..

..$7,500,000,00

Established 1912

Head Office:-Hong Kong.

Authorised Capital

Paid-up Capital

11,000,000 8,655,000 12,170,492

Fotal Resources

COMMODITY PRICES

The following quotations bave

Branches: Canton, Tolehan, Shanghai, been received by Reuter.

Hankow, Bangkok & San Francisco,

London Bankers: Lloyds Bank. Ltd.;

Foreign Exchange and Banking

business of every discription trans-New York Cotton:—~ acted.

Current Accounts opened and Fixed May Deposita recetrød for

one year or July

shorter periods at raten which will be October quoted on application.

December

Safe Deposit Boxes (various sizes)

Jan. (1936) foz hire.

LOOK POONG HAN, March

Chief Manager Spot

INC.

Head Office: 65, Broadway,.

New York.

....U.S.$6,000,DOD.DO ............. 2,087,112,69

BRANCHES:-

Capital

Reserves

Peipias Paterme

Boa

LOCAL SHARES.

TO-DAY'S QUOTATION

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

*Banks,

n.

H.K. Bank $1000 ». H.K. Bank (London) £125 ni, Chartered Bank £14% n. Mercantile Bank A. & B. #811⁄4 Mercantile Bank C. #18 n. Bank of East Așia $81 n. Am: 0. Finance Corp., Sh.815 n. China O: Fin. Ord, Sh. $1.80 m. China O. Fin. Pref. Sh. $4% n.

"Insurances. Canton Ina, $215 n. Union Ins, $3.75 6. China Underwriters $1% 8. China Fire Ins. $400 n. H.K. Fire. Ina. $215 m. *International Assce. Sh.$4% n.

Shipping.

Douglases $30 n. H.H Steamboats, $74 n. Indo-Chinas (Pref.), $30 n. Indo-Chinas (Def.), $38 m. Shells (Bearer) $53/11⁄2 n. Union Waterboats $11.

Mining.

Antamoks 98 cts. n. Balatoes $43 n. Baguio Gold 25 cta, så. Benguet Consolidated $14 n. 'Benguet Exploration 15 cts.

Benguet Goldfield 10 ets, 1. Big Wedge 8 cts. n. .Gold Creek 40 cts. n.

Gold Rivers 10 ets. n. Ipo Mining $14. It gans 42 cts. n. Salacota 16 cts. Kailan Mining Ad. 18/- n. Langkats (Singli) Sh.$14 n. S'hal Exploration Sh.$4%. n.. S'hal Loans Sh.$5.n... Raubs $5% n. Yenz; Goldfield $5 n.

Docks, etc,

NEW YORK STOCK MARKET

Majority Of Trading

Done In Metals

FUTURE BUSINESS DEPENDS

ON LONDON SILVER PRICE

NEW

WEW

ADVERTISEMENTS

NOTICE.

TE beg to announce that we have been appointed by

PUBLIC AUCTIONS

THE Undersigned have received THE

Instructions to sell by Public

the Westinghouse Electric." Inter-Auction national Co. their Sole Distributors for Hong Kong & South China for

MUSTARD & CO. LTD.

in their market report, Mesars, their Refrigerators, Fans, and Elec- S. E. Levy and Company, corres-trical Appliances. pondents for Messrs, WhiteWeld and Company, New York, state- "Stocks: Metal stocks comprised the major part of the volume of trading to-day. We expect a con- tinued rise contingent on a furtherj

NOTICE.

rise in London silver. In the ab-E wish to sence of a rise in London, we ex-

W our distributors

On.

Wednesday, the 1st May, 1935 commneneing at 2.30 p.m. at their Sales. Room,, Duddell Street

A Quantity of

VALUABLE HOUSEHOLD

comprising:

FURNITURE

Chesterfield couches and arma-

that chaire, Wardrobes, Dressing tables, Home Washstand; Hatstand, Bedsted,

pect heavy profit-taking in this Kong and South China are now the Sideboards, Dianer Waggon, Dining

group, which would undoubtedly following: spread to the balance of the list. Business done: 1,690,000 shares:

"Grains: The market acted better than had been expected. We would prefer chases on weakness.

The strength of Securities

and

For Power and Industrial Equipment,

MESSRS. REISS MASSEY & CO. LTD. For Refrigerators, Fans & Electrical Appliances

tables, Armchairs and chairs, Chests of drawers, Cupboards, Book cases, Cabinets, Filing cabinets, Desks, Round and square tables, Tes. poys.

Silver ware, Brass ware, Glass ware, Porcelain ware, Cutlery, Ornaments, Tea sets, Dinner, ser.

some short covering of May cotton MESSRS MUSTARD & COMPANY vice, Wall and table clocks, Grama-

were the principal influences. Of ferings have increased on the ad-

vance."

♪

"Rubber: There was n amall volume of trade and speculative buying. The market was hesitant. Total sales: 221 lots..

LTD.

WESTINGHOUSE ELECTRIC INTERNATIONAL CO.

T. V. S. Skinner. Special Representative.

IN THE MATTER OF THE COMPANIES ORDINANCE 1911, and

Our New York office cables: Recd. 10.36 p.m.: Grains: Bar- ring some confusion at the opening, we expect little change in prices.

Recd. 11.04 p.m.: Grains: Fair rains are expected in the drought IN THE MATTER OF MAISON territories.

MARNAC LTD.

Reed. 12.48 a.m. Grains: The (IN VOLUNTARY LIQUIDATION) n.worst appears to be over and pur-

chases on declines are preferable.

"Flash: Brokers Loans have in pursuant to Section 188 of the creased $100,000,000.”

H.K. Wharves 500 n. Cum. rte.

H.K. Wharves ex right $90 m H.K. Wharves right $10 b. H.K. Dock $94 n. Providents (old) $1 n. Providents (new) 20 cts. D. Hongkews Sh.$275 n. New Engineering Sh.$5 n. S'hal Docks Sh. $110 n.

'Cotton Mills. Ewo Cottons 8h. $8.80 n. Shanghai Cotton (old) Sh.868 2. S'hal Cottons (new) $42.n.: Zoong Sings Sh. $8. Wing On Textiles, Sh. $55 1.

Lands, Hotels, etc. 'H.K. and S. Hotels $4.65 8..

H.K. Lands $89 n. H.K. Land 4%

100% n.

sales.

President Roosevelt is to

NOTICE IS HEREBY GIVEN

phones and records, Oil paintings, Pictures, Carpets, Rugs, Blackets, Mosquito nets, Curtains, Linen, Typewriters, Binoculars, Carios, Cooking utensils etc., etc.

also

A Quantity of BLACK WOOD FURNITURE including: We

Joss tables, Armchairs, Chairs, Tea poys, Flower stands, Jar dinleres, Cabinets, Desks, tables,

etc. etc.

Band

Three Pianos

One Enamelled Bath

Six Underwood Typewriters On View from Tuesday the 30th April, 1985.

Terms: Cash on Delivery

LAMMERT BROS,

Auctionera.

Hong Kong, April 26, 1985.

T

Companies Ordinance 1911, that E. A. Pierce And Co's Report

the Final Meeting of Members will In their market report, the American Oriental Finance Cor Percy Smith, Seth & Fleming, No. 6 be held at the offices of Megara.

poration. correspondents for

Des Voeux Road Central (4th) Messrs. E. A. Pierce and Company Floor) on MONDAY, the 27th day of New York state:

of May, 1935 at 12 o'clock noon for "Stocks: All silver stocks were the purpose of receiving an account THE Undersigned have received

On. strength strong this morning. in the afternoon, the whole market winding up has been

showing the manner in which the instructions to sell by Public

conducted} Auction appeared to encounter realising and the property of the Company make a radio broadcast speech on explanations that may be given by disposed of, and of hearing any Sunday night.'

the. Liquidator, and also of deter-i "Grains: Both the wheat and cornmining by Extraordinary Resolu-| markets were erratic, the Rosen- tion the manner in which the books, baum Grain Corporation's situation accounts and documents of the being responsible. Early in the day Company and of the Liquidator there was some reinstating of post-thereof shall he disposed.". tions and support from clients and

Dated the 26th day of April, commission houses seemed forth-1935. coming during the day.. Good rains were reported in Nebraska and In parts of Kansas, though the dry sections of the latter have received little rainfall. The strength of sil- ver was an influence.

"Cotton: The strength of the mar- két was due to considerable covering of May and July options, together Debentures with buying of new crop cotton by

Apr. 24. Apr. 25. Closing Closing

11.43 11.70 11.59. 11.72 11.20 11.35 11.25

1.1.44 11.29 11.47 11.36. 11.59 11.80 12,00

THE

AMERICAN EXPRESS COMPANY,

New York Rubber:-- May July September ... October

December January

11.67 11.76 11.78' 11.90 11.88 12.02 11.05 11.07 12.12 12.20 12.17 12.27

1,096,328.31

Chicago Wheat:-

May

98

July

Amulets

AGAMITY

Ваков Olarga

เม

September

98 08

97%

97%

Ni

Athan

The Itaque

Hapi

Нотала

Plissa

[Chicago: Corn:—

Bentse

Hamburg

Paria

Berit

May

Bombay

Barra Heidelberg

July

Brun

General

Brusli

Calon Calcuits Cannes Colorabe.

Lupang Copechagen Lakor Dublin

Wersailles 24inburgh Monte Carla Places G&POTE

Interlaken Jerusa London Liverpenl Lucerne

Relerda Bbinghal Bothampton Biampor Makia..

September

882 8744 83% 8236 78% 78

Shanghai Lands Sh.$20% n. Metropolitan Lands Sh. $10 n: Humphreys $94 n. H.K. Realties $4.85 n... Asin Realties "A", Sh. 875 n. Asin Realtics "E" Sh. $10 m, Chinese Estates $90 n. China Realties Sh. $7 n. China Debentures Sh.$128 n.

Public Utilities

Tami

Vloca

Manila

Vasice Tokom

Winnipeg Wheat:-- May. July

8794 87% 88%% 88%

H.K. Tramways $14 n. Peak Trams (old) $8 Peak Trams (new), $6 x. Star Ferries 389 n.

m.

Munich

New York Sugar:-

Personal investment accounts handled.

May July All classes of Commercial Banking Sept. Fransactions undertaken.

Dec. Jan. (1986)

New York Silk:- May

1.33 134 1.84. 1.38% 1.82 1.83

Yen.125,300,000

72.40

75.30b

E W. DUGGAN,

Nagasaki Nagoya

July September Manager December

bbid New York Metala: Copper Jan.

73.00 76.805 73.70 76.67b 75.35 78.008

7.12

THE CHII: & SOUTH SEA BANK, Surplus

LIMITED

(Incorporated in China)

Head Office...Shanghai

Reserva

Branches

.$1,500,000.00

AD

Foreign Exchange.

Important Cities

in China

And Hanking Business transacted,

Current and Saving Accounts opened and Fixed Deposits received for ona year or shorter periode at rates which Md be quoted on application.

Monirax

SOÙ Z. CHANG,

Manager. HONG KONG BRANCH: 24, Des Voeux Road, Central.

Branches of American Express Com- Manager's Office......Tel. 33565

pany 82666 Foreign Exchange Dept. „

In Principal cities of United States of America and Cazala. General Office

Cashier Once

#

83567

THE YOKOHAMA SPECIE BANK LIMITED.

the Far East. Modest speculative purchases were induced by a higher

« Securities market. We believe that the market will meet with more sell- ing from these levels upward.

1

S. HAMPDEN ROSS,

Liquidator.

Is It Insured?

Insurance All Classes LOWEST RATES

American Asiatic Underwriters Fed, Inc., USA. General Agents

"Sugar: Actuals were firm, with Head Office prices

unchanged.

Philippine

Shanghai

sugar's in store were sold at 3.35 17. The Bund cents. The futures market was ir-

regular, with a steady tone.

(Continued on Page 10)

A

H.K. Ofice

Asla Idfe

Building

Tel 30236

COMPLETE nes

LOW PVICES

THE NEWSPAPER ENTERPRISE:LTD.

On Thursday, the 2nd. 'May, 1936 commencing at 2.30 p.m. at their Sales Room;" No. 35, Hankow Road, Kowloon

A Quantity of ** VALUABLE HOUSEHOLD

FURNITURE

comprising:

Chesterfield Suites, Tesk ward- robes," Missing tables, Plaing tables; Armchairs and chairs, Cheats of drawers, Deska, Cabinets, Silver 'ware, Brass ware, Aluminium ware, Rattan ware, Glassware, Cutlery, Clocks, Ornaments, Table lamps, Oll paintings, Pictures, Shanghal bathy Piano," Carpets, Rugs etc, etc,

and

A Selection of Black Wood Ware On View from Wednesday the 1st May 1985.

Terms: Cash on Delivery

NE LAMMERT BROS..

Auctioners. Hong Kong, April 26, 1935;

THE Undersigned have received instructions to sell by Pubile

·Auction "

On

Friday, the 3rd. May, 1935 commencing at 10.00 am

at No. 377, The Peak,

A Quantity of 25

VALUABLE HOUSEHOLD

FURNITURE SE

On View from Thursday the 3rd.

May 1935. A

7 Terms: Cash on Delivery

LAMMERT BROS,

Auctioners.

Hong Kong, April 26, 1935.

Established 1880

No. 1 No.3 No. 1 No. 3 Con. Con. Con. Con. 2.36 2.36 2.38 2.38 2:44 2.43 2.44 2.42 2.51 2,48 251 2,48 2.59 2.65 2.59 2.54 2.46 2.36 2.45 2.36

The Company offers to intending Travellers the use of Ita "Travels July Cheques" and Letters of Credit, and, September Spital (fully paid-up) Yen.100,000,000 on, the world-wide services Montreal Silver:

Reserve Fund

Head Office:-YOKOHAMA

Branches' and· Ágeneles at:

Alexandria

Batavia Berlin

Bombay

Ualcutta

(Dalny)

New York Ozaka Paris Peiping

Rangoon

ssion (Mukfen) Rio de Janeiro

Hamburg

Bankow Harbin

Benolulu *Banking

San

Franciaco

Beattie Bemarang Shanghai Singapore Sourabaya Sydney Tientala

Tokyo Tsingtan Yingkow

f its thoroughly equipped Travel Do May partment.

THE WING ON BANK Tin Jan.

LIMITED

Hend Offer: 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 Accounts and Savings Accounts opened. Fixed Deposit received at rates which will be quoted on application. Special rates given fr Ao-Special deposits,

Drvosita recefred For Road - periods lates to be obtained on application..

RCA KISHINAMI, ANTRA Men Manurer, Kos 11th March, 1986,

Trusteeship and Executorship under- taken. Safe Deposit Boxes for kirs,

PHILIP GOCKCHIN Chief Manager

LGOCKCHIN Asst. Manage

LIBIU FONG Asst Manager!

7,02 48.95 48.66

THE SHANGHAI COMMERCIAL &SAVINGS BANK LIMITED

(Incorporated ini' Chini).

Capital paid up $5,000,000. Reservas

**$7,000,00 Caplial- Savings Dept. $500 Reserve Savings Dept. $600,000. Borg, Head Offen-Shanghai

A Bank having as its sainsion the industrial development of China and the fostering of har commAGE dal relations abroad, dou Hong Kong ollen-7. Les Haute |

Phone 3141.239

Yaumat! Ferries $22 s.

C. Light $9.40 8... H.K. Electrics $64/634 88. Macao Electrics $25 . Sandakan Light 57 6. Telephone (old) $221⁄2 30. Telephone (new) $10.10 n. China Buses Sh. $11 n.

Singapore Traction 10/8 n.

Singapore Pref. 20/6 n.

Industrials

Malabon Sugar 8% n

GOVERNMENT NOTICES.

PUBLIC AUCTION"

ARTICULARS & CONDITIONS

PAR

of the Sale by Public Auction

Cald: Macg. (Ord.), Sh$19% n. to be held on MONDAY, the 29th Cald: Macg. (Pref), Sh $142 n day of April, 1935, at 8 p.m., at

Canton Ices $24.

Cements $7.40 n. Converted. H.K. Ropes $2.50

Stores, etc. Dairy Farms 816 s Watson 83% n Lane, Crawfords $91⁄2 1. Mackintoshs, $21 m Sinceres $8 na Wm. Fowells, 70, ets. n.. Wing On (HK) $105 .

• Miscellaneous. H.K. Amusements $1.85 u, Entertainments $6.40 n. S. C. Enterprises $1.35 m... Macao "Greyhounds" $2 n. Constructions (old). $1.40, n. Constructions (new) 45 cts, n Vibro Piling $5.

Ch. Govt. 5% 1925_G$Bds-

98% n

H.K. Govt. 4% Loan, 61⁄2 prem.

H.K. Govt. 84% Loan 2% prem

Wallace Harpers 136 1

the Officer of the Public Works Department, by Order of His Ex- cellency, the Governor, of one Lot of Crown Land "at Ho Mun Tin in the Colony of Hong Kong, for a term of 76 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

years..

PARTICULARS OF THE LOT.

"Registry Ne

Boundary

W

S. YOU & Co.

7, ICA HOUSE FIREET

INVESTMENT BANKERS BROKERA

NEW YORK COTTON, EXCHANGE :. COMMODITY EXCHANGE, INC, NY. CHICAGO BOARD" OF. TRADE ·

CANADIAN COMMODITY KICHANGX, INCL

·CORRESPONDENTS: FOR