1935-04-30 — Page 6

BANKS

HONG KONG AND SHANGHAI 1. THE CHARTERED BANK OF DEBANKING CORPORATION INDIA, AUSTRALIA & CHINA.

thorised Capital ....... bed and Fully Paid-up

$50,000,000

20,000,000 Incorporated by Royal Charter, 1858.

HEAD OFFICE: LONDON

M, 38. fodw#5). E44.

STEADY

THE CHINA MAIL. TUESDAY, APRIL 30, 1935

and

Commerce

Finance

Silver Prices Down

Serve ·Funds:

terling

£6,500,0001

LOCAL DOLEAR`

Elvar...... $10,000,000

Marve Liability of Pro

||Paid-up Capital

Reserve Fand

£23,000,000

#3.000.000

rietors

20,000,000 Reserve Liability of Pro

HEAD OFFICE: HONGIORG. BOARD OF DIRECTORS,

prietors

£8,000,000

Agencies and Branches:

İtlar Glas

Iloilo

Ipok

Rangoon Enigon

Banstol

Karackl

Remarang

・fetaria ·

kom

Bombay

Calentin

Beremban blogbal Ficgapore

Натрие

Dumpers

Fucking

ob

Madras

Colasahe

Wuntle

Dalled

Medan

Kalpanag-

New York

Paiping

(Palog)

Chairmas.

4. C. Kalek, K

Deputy Chairs

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

EL Compton Enqui

M. T. Johnson, Esq.

Hon. Mr. J. J. Paterson,

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

MOT

BATAVIA

{BAT

J. M. Omyba, Key

Ohlal Manager. I

BRANCH |--

KITALA LUMPUR

LONDON

LYONS

MALACOA

MANILA

MUAR (okers)

PRIMING

UTTA

BAXTON

DOLOMBO

MUKDEN

NEW YORK

MAIPHONG DAMBIFFIO WANKOW

HOMEW

SOMORE

KOWLOON

PENAKO RANGOON

BATOON

SAN FRANCIS00

BILANGAI

SINGAPORE.

SURABAYA

F1: NORI PATANI

TIENTSI

TOKYO

TRINITAD

YOKOHAMA

fament dupla opened like Curranas Fixed Deposite received for one year or skater periods is oes! Company and Herling Lerma whirs will be quoted in explication. Hong Kong. 6th April, 1936.

Ameliest

Hamburg

Tine kam linebis

How Long

Bourbage Talping The nila Tongkak

_{Bluber)

Zungino Yokohama

Zamboanga

Fielen Berbeage and Omowy Banking basis Jirsanafed,

Current Accountà opened and 'Pized Deposit sondrač fan, sua post or sherlar periale si rela which will be quoted on appliretion.

A. BREARLEY,

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

SAFETY FIRST !.

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

that is really:

FIRE - PROOF

BURGLAR - FROOF

DAMP-PROOF!

· OUR ́SAFE DEPOSIT VAULT

The local dollar is unchanged, opening on demand this morning at 2/5.

Spot silver has fallen from 86% to 94 1/16--and forward from 85% to 34 3/16.

The London on New York cross- rate was quoted at U.S.4.83%, as compared with -U.S.84.81%, while the New York on London cross-rate WAS quoted at 4- U.S.$4.834, as compared with U.S.$4.822.

EXCHANGES

TO-DAY'S QUOTATION

located on the Mezzanine Floor of On Singapore

¡Our - New buijding „le Specially Con-

HONG KONG SAVINGS BANK structed to provide all of these Im- On Japan-

The Husion of the shore Back la conduct

of the TONG KONG AND BIFANDWAT DANKING CORPORATION.

Buine

кому

ba

Phrained on application.

FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION

V. M, GRAYDOEN. **

Chief Marke

Hong Kong, 26th. February, 1935.

HE BANK OF EAST ASIA, LTD.

väriend · Daglial

$10,000,000 $ FAOR)non.cw. maya, and Undridad Profia 0,486,500.00

Capli

BEAT OFFICE:-MOMO XOXO

19 Vores Bond Central.

BOARD OF DIRECTOR:--

Bir Show Chow, Chairman,

In Cun, Fa. Kwak,

Tang, Fagu Cha Ching Shel. Esq., ZA Da

portant Qualities.

On demand You may obtain a Safe Deposit On India Box in this most up-to-date Vauli for your own use at a very moderate RéD-| tal.

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

LOCAL SHARES.

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

NB Banka,

H.K. Bank $975/80_sa. H.K. Bank (London) £124. Chartered Bank $143⁄41⁄2 n. Mercantile Bank A. & B. $81 Mercantile Bank C. 8181⁄2 n. Bank of East Asia $81 n.

Am: 0. Finance Corp., Sh.$15 China 0, Fla. Ord., Sh. $1.80 n. China 0. Fin. Prof. Sh. $4%

Insurances.

Canton Ins. $215 n.

Union Ins. $3.50 n, China Underwriters $1 n. China Fire Ins. $400 . H.K. Fire Ins. $200 s. International Assce. Sh.34 0. Shipping.

Douglanes $39 n.

H.K. Steamboats 56 s. Indo-Chinas (Pref), $30 n. Indo-Chinas (Def.), $83 n. Shell (Bearer) $54/4% n. Union Waterboats.. Mining.

Antamoks 75. cts. D.

Balators $35 n. Bagulo Gold 21 cte. n. "Benguet Consolidated 811 n.

Benguet Exploration 10 cts ii. Benguet Goldfield 10 cts. n.

Big Wedge 8 cts. n.

NEW YORK STOCK MARKET

Irregular, With Firm Undertone

FURTHER LIQUIDATION

EXPECTED

NEW ADVERTISEMENTS

UNION INSURANCE SOCIETY OF CANTON LTD. "(Incorporated in Hong Kong)

NOTICE TO SHAREHOLDERS-

TOTICE IS HEREBY GIVEN.

Nase the ORDINARY YEAR-

In their market report, Messi.LY MEETING of the Society S. E. Levy and Company, corres will be held at the HEAD OFFICE, pondents for Messrs, White Wald Union Building, Hong Kong, on and Company, New York, state:FRIDAY, 24th MAY, 1985, at 11 "Stocks: The market was irregu o'clock am, for the purpose of

m. far, with a firm undertone. The ab receiving the Report of the. Dire

sence of a Supreme Court decision tors and the Statements of Account on the Fenelon case, however, will to 31st December, 1934, and of de-; probably bring about further liquilaring Dividend, etc. dation. The action of silver sharo

The TRANSFER BOOKS of the

n.

.

ly.

On. London

On T.T. and demand ·

2/5

4 months' sight ... Credits 4 montha! sight

2/5%

2/01/2

On Shangbai–

On demand

140

On demand

· 103%

204

Op. T.T. and demand

160

On New York-

Gold Creek 30 cts. n.

On demand

58%

Gold River 7 cte, n.

Credits 60 days' sight

61%

Ipo Mining 84 otain.

On Batavia-

Itogans 30 cts, n. -

On demand

85

Salacota 12 dis. n.

On Paris-

Kailan Mining Ad, 18/- n.

On demand

8822

Langkata (Single) Sh.$14 m.

·Credits 4 months' sight .. 9321⁄2

S'hal Exploration Sh.$4

m.

On Saigon-

S'hal. Loans Sh.$54.

On demand

88

Raubs $5% 8.

On Manila-

Venz; Goldfield $5 p.

On. demand

117

Docks etc.

On Bangkok (

$11,000,000

8,655,000

On demand.

82,170,102 Sovereigns bank buying rate..

764 2/6 34 1/16

H.K. and K. Wharves $90 n. Cum.

rts.

H.K. and K. Wharves ex right 190

1},

THE BANK OF CANTON, LTD.

Estabilaked 1812.

Head Ofice-Bong Kong,

Authorised Capital

Paid-up Capital

Total Resources

ad Lagu Bing Cla Bow, Bag, and Xan Ting Branches: Canton, Tolaban, Shanghai, Bar silver per oz.

13 Xàn Toy Pn. Faq.. Eidal Hanaque.

The Four. Kay, Manager.

BRANGEES AND

Bankow, Bangkok & San Francisco. Bor Silver in Hong Kong..... nom. London Bankers: Lloyds Bank Ltd Copper Cash

Foreign Exchange and Banking

.nom.

.par.

Rate of Native Interest .3% pa.

Current Accounts, opened and Fixed Chinese Sub. Coin ... 26% dis. Deposits received for one year or shorter periods at rates which wilHong Kong Sub Coln....par.

LONDON EXCHANGES

bustness of every discription transCopper Cents

Wanita,"

Buklə

acted.

im

Lomarna

2. Nagtanis

Now Fork

lagspare

Cha

Soursbaye

Paris

Suntow

quoted on applleation.

Palpla

bydney

Penang

Takbok

fer hire.

Rangoon

Balgow..

Bas Fransi

Safe Deposit Boxes (various aises);}

LOOK POONG SHAN,

Chief Manager, t

Tok to VLBOOB THE Telcham

By piles of Banking and Exchange bela, trasanded. Lovas graalal en approved

Chegal Azomurja" spound, in, Loval Curemen

Pa Deposita resolv

bubar perioda la Lanal and Foreign Currencies lebend which will be quoted as "uppilosthem.

Bala Trepcali Born To Lay

KAN TONG TO.

AMERICAN EXPRESS COMPANY, INC.

THE

H.K. and K, Wharves right $10 n. H.K. and W. Docks $94 n.. Providents (oid) $1 n. Providents (new) 20 cis, D. Hongkow 'Sh. $2671⁄2 n. New Engineering Sh.35.n. S'hal Docks Sh. $110 n.

Cotton Millɛ.

Indicates the possibility of a fur. Society will be CLOSED from 8th ther move by the Government short-MAY to 24th MAY, Both Days la

By Order of the Board,

An accumulation of these inclusive. {sues on weaknesses is recommanded,

Business done: 690,000 shares.

"Gratns: We expect fair-sized; May deliveries of rye and wheat, but very small in corn and oats. We still prefer purchases on weak- ness. Total sales: Wheat: 14,690,- 000 bushels: Corn: 8,251,000 bus- hela.

A. W. HUGHES,

General Manager.

Hong, Kong, 80th April, 1936.

THE CHINA FIRE INSURANCE COMPANY, LTD. (Incorporated in Hong Kong)

NOTICE TO SHAREHOLDERS

TOTICE IS HEREBY GIVEN

"Cotton: Southern spinners fa- vour a continuation of the 12-cent loan. The market for futures was Not the ORDINARY YEAR- lifeless.

We would confine purLY MEETING chases to good setbacks.

of the Company i

"Rubber: Tyre sales continue good will be held at the HEAD OFFICE, and the general situation remains Union Building, Hong Kong, en unchanged. Total sales: 612 lote. FRIDAY, 24th MAY 1935, at 11.20

for "Silk: The market has statistical-am

the purpose of

ly improved and any increase in buy-receiving the Report of the Dire

tora and the Statements of Accoust ing could easily cause better prices.to 31st December, 1934, and of de Total sales: 12 Jota.

(Continued m Page 7).

BRITISH OVERSEAS TRADE

New Anglo-Italian Agreement

PROVISIONS OUTLINED IN COMMONS

claring Dividend, etc.

The TRANSFER BOOKS of the

Company will be CLOSED from 8th MAY to 24th MAY, Both Days 1-

clusive.

By Order of the Board,

HA. W, HUGHES,

General Manager,

Hong Kong, 30th April, 1938, .

BRITISH TRADERS' INSURANCE COMPANY, LTD. (Incorporated in Hong Kong)

1

*

NOTICE TO SHAREHOLDERS

TOTICE IS HEREBY GIVEN

Nhat the ORDINARY YEAR-

London, To-day. Colonel Colville, Secretary to the Department of Overseas Trade, on behalf of the President of the LY MEETING of the Company Board of Trade, Mr. Walter Runci- will be held at the HEAD OFFICE, [man, announced' in the House of Union Building, Hong Kong, on Commons yesterday that as a re- FRIDAY, 24th MAY, 1935, at 11,25 sult of the Anglo-Italian negotia- á.m. for the purpose tions 'it had been agreed that the receiving the Report of the Direc- best course for the present is to tors and the Statements of Account continue with certain adaptations to 31st December, 1934, and of de- of the provisional arrangement claring Dividend, etc. which was concluded on March 18. The TRANSFER BOOKS of the Elther Government has a right Company will be CLOSED from 8th H.K. and S. Hotels $4.05 b. 4 the end of any month from June Clusive.

to ternate the arrangement at MAY to 24th MAY, Both Days in-

Ewo Cottons Sh. $8.30 n. Shanghal Cotton (eld) Sh.$68 x. S'hai Cottons (new) $42 n. Zoong Sings Sh. 181⁄2 n. Wing On Textiles. Sh. $55 n.

Lands, Hotels, etc..

Paris

London, Yesterday, 73-5/01

New York

4.83-5/16

Montreal

Brussels

4.854 28.46

Geneva

Amsterdam

Milan

Chief Managee.

Head Offee:65, Broadway, New York

Berlin

14.89. 7.134 58-7/16 11.98

10/4.00 82.

H.K. Lands $37.

H.K.

Vienna

26

Prague

1154

Capital

• 17.8.$8,000,000.00

Madrid

2,087,112.69

Remrves

1,995,528.21

Athens

Bucharest.

85% (?) 507 Sellers 477% (?)

HE CHINA & SOUTH SEA BANK, Surplus

LIMITED

The lagus

Reynos Hamborg MAYO Halda harg Interiskan Jerusalata Loodon Liverpool Luper Lagan

Paria Popio Pale me Rotterdam Bonse Shitgh! Portbsplos Blumapori

BRANCHES!—'

(Incorporated in China?

Aretenden

Bend Office ...Shanghai

Antwor

Gabon "Biogen

Athens

Hito Kion Nagios

Capital

..$7,500,000.00

Аваная

Piraeca

Reserve

..$1,500,000.00,

Branches

All Important Cities in Chin

Berita

Dombey Bremen

Foreign Exchange

and Gezera!

Brussel

Claire

anking Business transacted.

Canne

Calryta

Colombo

Coyschagen

Lace

Dubila

Edinburgh Faroe

Marili Monia Okela

Manila

Genera

Wonjor

Tianjin Torcalum Viraca Venice Yokohama Zurlos

Moules.com

Current and Saving Accounts opened Ad Fixed Deposits received for ope far or shorter periods at rates which

be quoted on application.

SOU Z. CHANG,

Manager.

HONG KONG BRANCH:"

24, Des Voeux Road, Central, (Manager's Office ..............Tel. 88685

Foreign Exchange Dept. General Office ....

Cashier's Office

88568

28567

28569

HE YOKOHAMA SPECIE BANK

LIMITED.

Established 1080

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

All classes of Commercial Banking Transactions undertaken.

*

Hong Kong Silver Spot

Montevideo. 40% Sellers Offi Shanghai

1/8/ 2/5 7/16 34-1/16 Warloan 3%. 1054 exdly.' British Official Wireless Service.

NEW YORK STOCK EXCHANGE Reuter Quotations

10.20 11.00

April 30, The following quotations were te- ceived by Reuter:-

close N.Y./London 4.88% 4:83% 4.80% N.Y. Cotton

July. Oct.

11,89 11.78 11.78 11.41 11.20 11.82

11.78 11.72 11.68 11.02 11.00 11.90

99%

Personal investment accounts N.Y. Rubber Įtandled.

July Sept. The Company offers to intending C. Wheat May. 90% Travellers the use of ita “Travelers July

98% Cheques" and Latters of Credit and, C. Corn May 80%

addition, the world-wide services W. Wheat May 88 pital (fully paid-up) Yen.100,000,000 if its thoroughly equipped Travel De STOCKS

Te Fund

Yen.125,800,000 |partment.

Head Onco-YOKOHAMA

janches and· Agencies at:

Nagraki Nagoya New York

Osaka Pari Keiping Rangion gtien (Mukden) Rio de Janeiro

San Francisco Seattle Semarang Shangha!

Singapore

Land 4%

Debentures

100% B- Shanghai Lands Sh.$201⁄2 m. Metropolitan Lands, Sh. $10 n.' Humphreys $94,

H.K. Realties $4.85 n. Asia Reslties "A", Sh. $75 n. Asia Realties "B" Sh. $10 n, Chinese Estatee $99 n. China Realties Sh. $7 n. China Debentures Sh.8128 n. Public Utilities

H.K. Tramways $121⁄2 sa. Peak Trams (old) $81⁄2 n. Peak Trams (new), $8 n. Star Ferries $89.

Yaumati Ferries $22 3. /

'C. Light $8.70 b. $8.80 a., $83⁄4

sa.

H.K. Electrics $61 b., & Macao Electrics $25 a. Sandakan Light $6 a Telephone (old) $20, 54. Telephone (new) $0.40 s." China Buses Sh. $111⁄2 n. Singapore Traction 10/8 n. Singapore Pref. 20/6 n..

Industrials

Malabon Sugar $31⁄2 n. Cald: Mecg. (Ord), Sh.$181⁄2 nữ Cald: Macg. (Pref), Sh. $14% n. Canton Ices $1.80 BB.

Cementa $7.40 n., Converted.

#Stores, etc.

98%

89%

884

E. W. DUGGAN,

Amer Smelting 42% 42% 42 Con Gas N.Y. 22% 224 Du Pont

004 Manager, Elec Bond & Sh 64 6

General Motors 80% -304 Int Tel & Tel Loew's Inc

37% 38. Montgomery W. 25% 243

24% 25% N.Y, Central 174 Standard Oil NJ 42%

42 U.S. Steel. 324 824 82

224

9644

H.K. Ropes. $2...

6

30

Dairy Farms $16 s.

674

Watson 88% n.

+38

24%

25

Lane, Crawfords' $81⁄2 n. Mackinkahs, $21-b.

10%

Sinceres $B VÍ

41%

THE WING ON BANK Nat Distillers

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 Accounts and"." Savings Accounts opened.

Fired Deposita received at rates which will be quoted on application Special rates given fr Allowed, oz CSIT A Special deposita, plunge

Bydney

Tiantan

Tokyo:

Tsingist Yingkow?

Trusteeship and Executorship under zeorived for Asad periods taken, Bafu Deposit Boxes for hire.

obtained on application: BARAN

11th March, 1935,

PHILIP GOCKCHTIN Why Chief Manager

THE SHANGHAI COMMERCIALE

& SAVINGS BANK LIMITED (Incorporated in China)

Capital paid up -- Reserves

Capital Bavings Dop Reserve Bayings Dep

A Bank having:al Ita misalon the Industrial development/ and the fostering of cial relations abroad

LGOCKCHINSVETLI SHU FONG Phone

Asst. Manage

Wm. Powells,, 70 cts. x. Wing On (H.K.) $105 m.

Miscellaneous.

HLK Amusements $1.85 . Entertainmenta" $6.40, n."/ S. C. Enterprizes $1.85 n. Macao "Greyhounds" #2. n. Constructions (old) $1.40 m. Constructions (new) 45 cts, n Vibro Filing $5 6

Ch. Govt. 5% · 1925__G$Bas---

H.K. Govt, 4% Loan 6%% prezza,

H.K. Govt. 3% Loan 2% prem

Wallace Harpers 36

onwards, or to propose new nego- tiations for a definitive agreement. The arrangements now... made, which come into fores on May 1, are set out in an exchange of Notes dated April 27, the text of which is published.

་

(Continued on Page 7)

By Order of the Board,

A. W. HUGHES,

General Manager. Hong, Kong, 30th April, 1935, **

NOTICE

ACCOUNTANTS, ・・ Engineers, and others desirous of improving their pres. pects in own or another country should write for particulars, terms, and ste- cennes., Percy Coutts & Co., Ltd, Dept.

TIN BUFFER STOCK LS Londen, W.C.1. Extablished 1908.

IN AMERICA STORAGE MISTAKE

DISCOVERED

London, To-day.

Is It Insured? ?

Issurance — All Classes LOWEST BATES American Asiatic Underwriters Fed. Inc., U.S.A, General Agents :

Head Office

The chairman of the Tin Buffer Stock Committee announces that 800 tons of buffer stock tin now in New York were inadvertently ster ed in non-reporting warehouses.

Out of this quantity 170 tons 17; The Bend arrived in New York on March 28,

Shanghil and was stored in April. A fur ther 670 tons arrived and were also stored in April.

The whole amount will be placed In reporting warehouses during May-Reuter.

RAW RUBBER PRICES

Latest Quotations From Singapore

Mesars. H. B. Joseph and Co. have received the following Straits Cur- rency quotations from Bingapore for Raw Rubber,

Spot 10 down 1⁄2b, 19% s July-Sept. 20% down 4 b., 20%

Oct-Dec. 21% down 4 b., 21%.

Market: Dulle

UNION INSURANCE SOCIETY OF CANTON LTD;

ject to audit the Directors mend the payment of a (Two Pounds) per the year ended 31st De- 10345

HK. Offe Asia Life Building

TUL, 80231.

The Love Parade”

Of 1935

Regal romance, noble nonsense and royal music! So the new dance sensation “ Danc- ing the VienneÓW?*

CARL BRISSON

MARI ELIXI

THE

ALL KINGS HORSE

with

Edward Everett Horton Katherine Domin Eugene Foll

A Paramount Pidi Dirisled by Prank, Tillfo

opens SATURDAY at the

CENTRAL &

પા

gone

ALHAMBRA

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 Hoa Lon

Tel. 80286'

S. E. Levy & Co.

ACE: HOUSE STREET: `-

INVESTMENT BANIERS & BROKERS

NEW YORK COTTON EXCHANOS · - COMMODITY EXCHANGE, ING, HIT. CHICAGO BOARD OF TRADE

“COMMODITY · EXCHANGE, ING,

CORNRAPONDI