1935-04-27 — Page 6

$50,000,000 20,000,000

terling... 2 6,500,000

4:

BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION

thorised Capital

aed and Fully Paid-up. Serve Funds:

lver $10,000,000 Jerve Liability of Pro-

rietors

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,

Incorporated by Royal Charter, 1883.

HEAD OFFICE: LONDON

Paid-up Capital

Reserve Fond

20,000,00) Reserve Liability of Pro-

READ OFFION: HONAKONU. BOARD OF DIRECTORS,

M. 11. Dodwell, E-2.

Chairman.

. . Kalght, Kay.

Deputy ChairinaA.

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

H. Compton Eng,

Hon. Mr. J. J. Paterson,

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

V. M. Drayhern; kay.

Chlet Haags.

BRANCHE

MOT JANGKOK

VIA

CUTTA

COLOMBI DAIKEN MOOCHOW

AIPHONG

MAMRUNO MANKOW

WANGLEW

FORTRE

KORK ItOWLOGN

M. T. Johnson, Esq.

LYONB

-KUALA LUMPUH

LANDOM

MALACCA

JUAN Jobore)

MANILA

MHEDEN

NEW YORK

PEIPING

PENANO

RANDON

FAIGON

BAN FRANCISCO

SHANGHAI

INGAPORE

FOURADAYA BUKURI ATANI

TIENTSIN

TORTO

181NOTAO

YOKOHAMA

Current Locust opened in Foes) Darrendy Pized Deposit received for one your or ter parlode in Local Company and Bling lgrass which will be quoted on sopuestion. Hong Kong, 8th April, 1935.

HONG KONG SAVINGS BANK.

The 'Hesiness al the above Barks soodust- 10 Lbs TIONG KOND AND BUANGHAI ANKING CORPORATION. Rul way be b09dined on application.

FOH TIZ HONG KONG AND SHANGHAI BANKING CORPORATION

V..M. GRAYBURN,

Chief Mana?.

Hong Kong, 25th February, 1975.

THE BANK OF EAST ASIA, LTD.

Charleed Capital

w-up. Capli

serve and Undivided Frotte

.$3,000,000

.ES,000,000

prietors

.£3,000,000

Agencles and Branches:

Ale tar

Tollo

Amrliest

Ipak

Flangkak

Ontario

(Oostbay

Karachi

Lobe

Inula

Conta

Lumper

Cownporn

Korklog

• Bourabay

CoTorbe

Delhi

Medan

Tongkah

Haiphong Hambers

Kaw Tork

Palping

Tsingtao

Bankow

(Pablog)

Yokohama

TADACK

Zamboanga

ત

Barkin

Rangoon Belo Bamarent Karambat Rhangkal Singapore Billawan

·Taiping Tensely

NJ

Foreign Exokange, and Qomaral Basking bad Curreal Accouels opened and Fixed Depo

transacied.

Media for on year of horde at les

A. BREARLEY.

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

which will be govind an application.

SAFETY FIRST

THE CHINA MAIL, SATURDAY, APRIL 27, 1935-

and

Commerce

Finance

SHARE MARKET

Weekly Report

20

Hong Kong April 27th, 1936. Messrs. G. A. Harriman and Co's weekly share report and market; review issued at noon on Saturday states:

The share market has experien- eed another week of depression principally due to the sharp rise

Prices in many in-: in exchange.

essed off considerably, stances

few stocks touching new with a

issues levels. Investment low

ruled much easier with Hong Kong Electrics done at $62/64% and Telephones (old) at $21. Hong Kong Trams again touched a new low.record of $132. Dairy Farms dropped to a selling rate of $16. With the exception of Cements) which were at one time marked. up to $1.90 closing with sellers at $1.70, minor issues were generally easier. Hotela, after having been transacted at $4.60, receded to a selling rate of $4.30. China Lights opened with sales at $9%, but fell away to 9. at the close, Watsons came to business at $3.50. On ac-

To Safeguard Your Valuables and Jewelleries. Deposit them in a Vanit that is really: FIRE-PROOF BURGLAR PROOF DAMP PROOF! OUR SAFE DEPOSIT VAULT located on the Mezzanine Floor 01 Our New buliding is Specially Con- structed to provide all of these Im-count portant Qualities...

of the rise in exchange, Sterling counters were very much You may obtain a Safe Deposit easier, Uniona changed 'hands... at | Box in this most up-to-date Vault for your own uso at a very moderata Ros. $375 and Hong Kong Banks were rather weak around $970. The tone

Inspection Cordially Invited. THE NATIONAL COMMERCIAL

& SAVINGS BANK, LTD. Corner of les House Street and Des Voeux Road, Central

100,000.00 THE

1,698,800, $2,$4,200,00

HEAD PICE-HONG KONG

11. Des Your Road Calend..

BOARD OF DIRECTORS

Si Badan Chow, Chairma

Hons Chau, Kag, K. Kwok, Eng

Wood

Tong, Fag., Chan For Bisk, Esq. L4 Zeq., Wong Chu Foy Faqs and In

Ying

ما اسماعة

Kan Tong Po, E. Chiat Hauagar,

Li Tos Fong. Erg Hanner.

BRANCHES AND AGENCIEM 1-

Manlle

Malbe

Night

New York

Duka

Bealta

--Ebangbal Singapore Moun

Perlu

Yankow Innolulu

...Pripin

Syduny

Talhoku

Penta

Flagoon Balgua

Isaia

Tokyo

Hac

TABARETE

Tokohama

Hy vertex. of Backing and Enkag

Con grastad es

ourier.

Durant &cownia opened, la

approved

Level CurreLS

Fixed zaposite resized for your

BANK OF CANTON, LTD.

Established 1912.

Head Office:-Hong Kong.

Authorized Capital ... $11,000,000 8,855,000 Paid-up Capital

22,170,492 Fotel Rosa.co Branches: Canton, Tolshan, Shanghal, Hankow, Bangkok & San Francisco. London Bankere: Lloyds Bank, Ltd.,

Foreign Exchange “suð Banking business of every discription trans- lacted.

Current Accounts opened and Fixed Deposits receired for one year or shorter periode at rates, which will be quoted on application.

of the market at the cibse is easy. Business during the week has been done at the following prices:

Unions $376.-

Canton Insurances $216.-- H.K. Electrica $63.-/64% Telephones (old) $21. Hotels $4.60. Lights $9.30/9%. H.K. Trama $181⁄2/14- Cements (converted) $7.40. Bank of E. A. $81.— H.K. 4% Debentures $100- Dairy Farms $17. Watsons $32. Constructions (N) $0.40. Wharves Rights) 310- Cements $1.35/1.90. Antamoks. $0.75, Baguio Gold 21/25 eta.

Safe Deposit Boxes (various) COMMODITY PRICES

ter hire.

THE

prier parinte in land and Foreign Orada AMERICAN EXPRESS COMPANY, New

bertos which will be so appliesJos.

Bala Depo Do To Lat

THE CHINA & SOUTH SEA BANK, Surplus

LIMITED

Reserven

+

11.85. .11.90

LOOK POONG SHAN, The following quotations baya

Chief Manager beon received by Reuter.

Apr. 25. Apr. 26. Closing Closing

New York Colton:-

11.70

INC.

July

11.72

KAN TONG 20,

Chief Manager.

Head Office: 85, Broadway, New York

October

11.35

11.50

December

11.44

i. 11:57

Jan. (1936)

11.47

11.59

Capital

U:S.$8,000,000.00 | March

2,087,119.59 1,008,528.81

Spot..

12,00

11.59 11.68 12.25

New York Rubber:--

BRANCHES:-

May

(Incorporated in China)

Bas

Milas

July

Head Office...Shanghai

Nice

September

$7,500,000.00

The lingu

Naplas

Au

Ваты

Pirmam

October

$1,600,000.00

Ведие

All Important Cities

Bartin

in Chine

Foreign Exchange

and

General

Baking Business transacted.

ond

Botabe Breton Brunonis Calro Calcutta Casus Calomba

Rumberg LIGH Helderberg

Packa

Felpla

December

Palem

Retiada Ro.me Вырабл

January

Chicago Wheat:

Liverpool

May

98

100%

Lucero

Индороги

There

July

97%

994

Taormina

Mervillag

September

977%

100%

24inborg

Mncia Carle

Florence

Manila

Gear

Monish

Faci

Zurlak

Chicago Corn:→→→

May

874

69%

Mont

July September

83%

04%

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

784.

79%

Winnipeg Wheat:- May

July

Capitai

Reserve

Branches

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

will be quoted on application,

BOUNG GIẢNG,

Manager.

HONG KONG BRANCH: 24, Des Voeux Road, Central. Manager's OfficeTel. 38505 Foreign Exchange Dept... 28666 General Oca

88567 23569 -Cashier's Office

********

Amsterdam Antwerp Ashom

Interlaket Jesusalem London

Lugane

Copenhagen Luot

Trubila

Sompion

11,76 11.75 11.90 11.86b 12.02 11.97 12.07 12,04 12:20 12.22 12.27 12.27

All classes of Commercial Banking New York Bugar:— Pransactions undertaken.

"

handled,

7

THE YOKOHAMA SPECIE BANK Personal investment accounts

LIMITED.

Established 1880

May

87% 8914 88%

90%

No. 1 No.3 No. 1 No. 3 Con. Con. Con. Con. 2.38 2.36 2.85 2.34 2.44 2,42 2,41 | 2:40 2.61 2.48 2.47 2.45 2.59 2.54 2.56 2.52 2.45 2.36 2.43a 2.85

July The Company offers to intanding Sept. Travellers the use of its "Travelers Dec. Cheques" and Letters of Credit and, Jan. (1936) Bajgital (fully paid-up) Yen.100,000,000 addition, the world-wide servicesNew York Silk:---

Yen.125,800,000 Its thoroughly equipped Travel De

partment.

Reserve Fund

Head Office:-TOKOHAMA

-Branches and Agencies at:

*Alexandria

#Batavia

*Berlin

Bombay

Calcutta

Canton

*Dairen

Bankow

Barbin

Nagasaki Nagoya New York

Oska Pari

Pelping

THE WING ON BANK LIMITED

May July E. W. DUGGAN; September

Manager Montreal Silver:-

May July.. September December

b-bid

1.34% 1.34. 1.34 1.34 1.39 1.32

76.30b .78.80 75.90b

79.80b 76.67b 79.67. 78.006 81,00b B-asked

(Daley) Rangoon

(Mukden) Rio de Janeiro

Rong Kong

tanolulu Jasinking Karachi

Kobe

London

2200%Angeles {Tanila.

Mon

San Francisco

Bestu!

Seattla

Shane

Singapore. Sourabaya Sydney Tientsin Tokyo:

...

...

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

LONDON BANKERS— Westminster Band, Ld. Foreign Exchange and every descrip. tion of "banking businesses, transseted. Current Accounts and Bavings Accounts reccited, at rates which will be quoted on application. Special rates given dr Special deposits,

opened.. Fixed Deposits

Trustschip and Executorship ander- taken. Safe Deposit Boxes for hire,

PHILIP GOCKCHIN

Chief ManarTON, N

Interset allowed on Umrat Deposita received for sized periode rates to be obtained on application,

C KISHINAMIK

St Manager. › |L, GOCKCHIN, Hon 21th March, 1986; | Adst. Manager

LI SHU FONG - ́Asst. Manager:

THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED

(Incorporated in China)

Capital paid up..............85,000,000, Reserves. ...$7,000,000. Capital Barings. Dept.: $800,000. Resorts Savings Dept.. $600,000.

Head: Oleo-Shanghal-

A Bank having as ite mission tha Industrial-development of - Okina and of her sommer-

LOCAL SHARES.

TO-DAY'S QUOTATION

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

Baoke

·

H.K. Bank $970/960, sa.

H.K. Hank (London) £124 n. Chartered Bank £14% no- Mercantile Bank A. & B. $311⁄4 n. Mercantile Bank C £131⁄2 n. Bank of East Asia $81 n. Am: 0. Finance Corp., Sh.$15 n. China O. Fin. Ord., Sh. $1.80 1. China O. Fin. Pref. Sh. $41⁄2 D..

Insurances.

Canton Ins. $215 n. Union Ina. $3.50 n.'

China Underwriters: $192. China Fire Ins. 8400 . H.K. Fire Ins. $216 n. International Assce. Sh.84% n Shipping.

Douglases $39 n. H.K. Steamboats, 36 s. Indo-Chinas (Pref.), $30 n. Indo-Chinas (Def), $89 ne Shells (Bearer) $59/9 n. Union Waterboats $11.

Mining.

Antamoks. 75, els m Balatoes $35 n. Baguio Geld 21 els sa, Benguet Consolidated $11 n Benguet Exploration 10 etsin. Benguet Goldfield 20.cts. n.

Big Wedge 8 cts. n. Gold Creek 30 ets. n.

Gold River 7 cts, n.

Ipo Mining 90 ets. n. Itogans 30 cts, n. Salacots 12 čl. n. Kallan Mining Ad. 18/- n.; Langkats (Single) Sh.$14 n. S'hal Exploration Sh.541⁄2 n. S'hal Loan's. Sh.$8. Raubs $5% n. Venz: Goldfield" $5 n. Docks etc. I.K. Wharves $90 n. Cum. rts, H.K. Wharves ex right $90 n. H.K, Wharves right $10 sn. H.K. Dock $94 n.

Providents (old) $1 n. Providents (new) 20, cts. D. Hongkew Sh:$2671⁄2 n. Ex. div. New Engineering Sh.85 n.' S'hai Docks Sh. $110 n.

Colton Mills, Ewo Cottons Sh. $8.80 n. Shanghai Cotton (ald) Sh.$88 m. S'hai Cottons. (new)' $42 n. Zoong Sings Sh. $81⁄2 n. Wing On Textiles, Sh. $55 n.

Lands, Hotels, etc. H.K. and S. Hotels $44's. H.K. Lands $38 ka.

H.K. Land 4%

100% n.

Debentures

Shanghai Lands 'Sh.$20% n. Metropolitan Lands Sh. $10 n. Humphreys $9 n.. H.K. Realties $4.85 n. Asia Realties "A", Sh. $75 n. Asia Realties "B" Sh. $10 n. Chinese Estates 190 n. China Realties Sh. $7 n. China Debentures Sh.$123 n.

Public Utilities

H.K. Tramways $181⁄2 sa. Peak Trams (old) $8%1⁄2 n. Peak Trams (new), $6 n. Star. Ferries $89 n. Yaumati Ferries $22 s.

C. Light 39 s., $8.90/9.00 sa. H.K. Electrics $68/62% sa. Macno Electrics $25 n. Sandakan Light $7 B. Telephone (old) $20% sa. Telephone (new) $9%/9.30 BA. China Buses Sh: $11 n. Singapore Traction 10/3'n. Singapore Pref. 20/6 n.

Industrials

Malabon Sugar 381⁄2 n. Cald: Macg. (Ord.), Sh.$19% n. Cald: Macg. (Pref), Sh. $144 n Canton Ices $24 8

Cements $7.40 n. Converted. H.K. Ropes $2.60.8a.

Stores, etc. Dairy Farms $163⁄41⁄41⁄4 s. Watson 8 n. Lane, Crawfords $31⁄2 n. Mackintoshs, $21 b. Sinceres 38 m.

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

Miscellaneous,

H.R. Amurements $1.85 n, Entertainments. $6.40 D. S. C. Enterprises $1,85 n. Macao "Greyhounds" $2 p. Constructions (old) $1.40 . Constructions. (new) 45°cts..n. Vibro Filing $5 ́ ́s. · Ch. Govt. 5% 1925 GBB

98%% n.

"

·H.K. Govt. 4% Loan, 6%% prem.

cial relations broad H.K. Govt. 84% Loan 2% prem

Hong Kong offca...? Tos Estria BC.

Phone: 31(81-3/

Wallace Harpers $68.

General Araki, Japanese Minis- ter of War, who is at present on his way to Berlin to talk with Herr Hitler on the subject of an alliance between their respective countries.

NEW YORK STOCK MARKET

Traders Keep Watch On Silver Policy

PROFIT-TAKING EXPECTED IN ABSENCE OF RISE

In their market report, Messra. S. E. Levy and Company, corres- pondents for Messrs. White Weld and Company, New York, state:-

NEW YORK STOCK

EXCHANGE

Reuter Quotations

April 27.

The following quotations were re- ceived by Reuter:-

N.Y./London N.Y. Cotton

"July,

Oct.

close 10.20, 11.00 4.894 4.81 4.30%

11.72 11.80 11.78 -11.35 11.42 · 11.40-

11.00

N.Y. Rubber

July

11.90 11.01

SupL

12:02 12.09

12.00

C Wheat May 08

00%

July

97%

08%

C. Corn May 87

88

W. Wheat May 87%

88%

STOCKS:

Amer Smelting 434

44%

447%

Con Gas N. 244

23

2334

Elec-Bond & Sh 7%

7

Du Pont

99

General Motore 81%

31

30%

... 8

冠

38

B 384

77%

384

24

24%

26

254 254

N.Y. Central

17% 174

17

Standard Oil NJ 42 U.S. Steel

$1%

424

39

33

32

Int Tel & Tel Loew's Inc

Montgomery W. 24%

Nat Distillers

H.K. SHAREBROKERS' ASSOCIATION

Stock "Report

NEW ADVERTISEMENTS

DOLLAR ACADEMY, Dollar, Scolland.

REPARATION for Universi

On list of Schools Commerce.

Con nominating for Sandhurst. tingent of Junior Division O.T.C

Mild climate and Healthful aur- roundings, specially suitable for colonial boys and boya from urban areas. Jacent.

Preparatory School ad-

Prospectus and full particulars may be obtained on application te the School Secretary, or at the offices of this paper.

Headmaster, HUGH F. MARTIN,

·B.A., (Oxon).

GOVERNMENT NOTICES.

R

PUBLIC AUCTION

ARTICULARS & CONDITIONS

Pthe Sale by Public Auction

The following report was lasued to be held on MONDAY, the 29th by the Hong Kong Sharebrokerst day of April, 1985, at 3 p.m., at Association yesterday afternoon..

Bank of East Asia $80 b. Nat. Com. Bank $4 b Douglase: $38.b. Waterboats $11 b.. Wharves Rights $10 b. Peak Trams Old $81⁄4 b. Electrics $63 ea. Entertainments $5 b. Constructions Old $1.40 b.

"Stocks: Metal stocks comprised the major part of to-day's trading. In the absence of a rise in London silver prices, we expect heavy pro- fit taking in this group, which would undoubtedly spread to the balance of the List. Total busi-Land Debs. $100 88. ness: 1,520,000 shares.

Traders are carefully watching the immediate Government silver policy. A broadening of inflation-i ary Interpretation of rising silver prices is beginning, to influence sentiment on the part of commodity

trader,

Constructions New 40 cia. b.. Nanyangs $4.25 b. Gold Bonds 92% b.

Govt. Loan 3%, 2% b

CHURCHESE

FIRST CHURCH OF CHRIST, SCIENTIST

the Offices of the Public Works Department, by Order of His Ex- cellency the Governor, of one Lat of Crown Land at Ho Mun Tin In the Colony of Hong Kong, for ■ 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.

Feare.

PARTICULARS OF THE LOT.

Lot No. 3254.

auction of arga

Registry No.

No, of xala

Locality.

Boundary

Mensuramenta,

Square foot

16 | Anmal Bestal

149 | Upest, Prien !

It about

Aa į per sash | pian,23,220 | 200|

"Flash: The American Railway Association estimates carloadings at 611,000 cars, an increase of 19,000) ears from the corresponding period (Branch of The Mother Church, of last year.".

The First Church of Christ, Scien- GENERAL NOTICES:

Our New York office cables:tist, in Boston, Mass., U.S.A.] Reed. 11.16 p.m.: There are no Macdonnell Road, Below Bowen

Road Tram Station rains in the Grain Belt, where they are needed.

Sunday Service, 11.15 a.m.

the Subject: PROBATION AFTER

E. A. Pierce And Co's Report In their market report, American Oriental Finance Cor-DEATH.

for poration, correspondents Messra. E. A. Pierce and Company of New York state:-

[W1

NOTICE.

that

announce TE beg to

we have been appointed by the Westinghouse Electric Inter

The Sunday school is held on national Co. their Sole Distributors Sunday Morning at 10 o'clock for Hong Kong & South China for Wednesday Evening Meeting at their Refrigerators, Fans, and Elec "Stocks: Railroad issues respond-

Reading Room at above ad-trical Appliances, p.m. ed to favourable carloadings redress open Tuesday and Friday, 10

MUSTARD & CO. LTD. ports, while utility shares were softa.m. to 12. noon, Monday and on uncertainty over Legislation. Thursday, 5.30 to 7 pm. The The confused situation regarding Public le cordially invited to attend the the service and visit the Reading silver is causing caution on part of tradera.

Room.

"Cotton: The market is meeting with cotton at the scale-up, but de mand is good. The tone is steady. "Sugar: Actuals were quiet, with Little interest prices unchanged, was shown by redners. The futures market was slightly lowed on Trade selling.

.

"Grains: The wheat market was firm on the strength of silver, in- fiation talk, strong cables from abroad and the strength of the Minneapolis market.

There were

Is It Insured?

Insurance All Classen LOWEST RATES American-Asiatic : Underwriters Fed. Inc., USA. General Agénia

reports of a dust storm in the West, Head Offer while the South-West stili. lacks 17, The Bund rainfall. Corn and other grain Shangha|| marketa derived their strength from wheat.

'

(Continued on Page 9)

Latest Quotations

The following quotations have been received by Reuter,

...

|| N.Y./London ·

cross-rate

N.Y. Cotton July N.Y. Rubber-July Chicago Wheat Chicago Corn-May

Prov. To-day' #losa

close

4.83% 4.81% 11:72 11.90

11.00 11.85b My 98 1001

874

Montreal Silver-May 75.30 Silver Official.....

ליף

891

78.30 A

Apr. 25 close Change 30 Industrials 110.47 110.57: .10 off 20 Rails

31.84 81.01 .27 up 20 Utilities. 10.03 18,66

.37 off 40 Bonds... 05.28 95.27 01 off 11 Commodity

Index

59.51 60.05 .54.up

10 Leading Stocks Amer, Smelting Ataburz

J. 1. Cano

H.K. Once Asla Life Balldlag

́ ́Tel. 30286-

W

NOTICE.

E wish to announce that, our distributors for Hong

Kong and South China are now the following:--

For Power and Industrial

Equipment,

MESSRS. REISS MASSEY &".

CO. LTD.

For Refrigerators, Fans &

Electrical Appliances MESSRS MUSTARD & COMPANY LTD.

WESTINGHOUSE ELECTRIC INTERNATIONAL CO.

T. V. S. Skinner.

Special Representative.

S. E. Levy & Co.

7, ICH HOUR STREET

INVESTMENT BANKNAK 'A BROKERS

MEMBERS

NEW YORK COTTON EXCHANGE

COMMODITY EXCHANGE, ING, NY,

CHICAGO BOARD, OF TRADE

CANADIAN COMMODITY. EXCHANOR,; ING.

43%

24xx

.56%

Ele: Bond & Share

General Motors

3016

Int Tel &-Tol

T

CDARKAPONDENTE. POR

Montgomery Ward

24%

Nat Distillers

25

WHITE, WELD & (0%, NEW

N.Y, Central

1714

U.8, Steul

82%

Business - Done: 1,620,000 share