1935-05-09 — Page 6

BANKS

HONG KONG AND SHANGHAI

·BANKING CORPORATION A

Authocised Capital

Reserve Funds

Silver

Reserve Liability of Fro-

#victors

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Sterling

HEAD OFFICE, LONDON

Jasned and Fully Paid-up 20,000,000

$50,000,000 Incorporated by Royal Charter, 1853

£6,500,000

$10,000,000

Paid-up Capital

Reserve Fund.

1-18,000,000 .....£3,000,000

20,000,00% Reserve Liability of Pro-

HEAD OFFICE: RONGING. BOARD OF DIRECTORS.

prietors

10,000

“Agencies and · Branches:

1. Dodwell, Beqa

Chairman,

C. C. Koight, Bra

Deputy Chairma

Hon. Mr. W. H. Bell,

昨

I. A. Piammer, Esq. Cerapure

Compton Esq.

MT. Johnson, Esq.

-Hon Mr. J. L. Paterson,

G. Miskin Esq. T. E. Pearce Esq

AMOT

TAIH

JOHORE

“T. 2. Drazkazu Jag

FRANCHING

KUALA LUMPUR LONDON

30XS

MANILA

MUIDEN NEW YORK

PEPING PENAKO BASDOOM

SATOOS

SAN FRANCISCO

SHANGHAI

SINGAPORE,

NOURABATA

SINGEI PATAXI

TIENTED

TOEYO

TSINGTAO

TOKOHAMA

Comas Aonais, opened, in Lamal CarOMET

Wed Find Deposits Mesired for che, que,

te period as Loos! Company

We which will be quoted on appliantions

Hong Kong, th May-1935

Dental

Anurabaya

Complex ---

Xaw Zak Pusing

Poming

(Pleskne)

Lamboanga

Banker

Farkin Boot Long

THE CHINA MAIL THURSDAY, MAY 9, 1935

Commerce and Finance

NEW YORK STOCK MARKET

Inflation Sentiment Again Growing

CAUTIOUS ATTITUDE. IN GENERAL SUGGESTED

In their market report Menza. S. E Levy and Company. Corres- pondents for Messrs. While Weld

JU. S. ADVERTISING

AGENTS SURVEY

LOCAL MARKET

Mr. Irwin Vladimir

Has Look Round

NEW CLIENTS DESTROUS OF ESTABLISHING THEMSELVES

Maction Inc., one of the "largest

Estates Berbangs, and moral Banking bosses and Company, New York, state:American Advertising Agents, with

treamcard.

Current Aamiais opened and Fiand. “Doponéta, Mengivel“ for one year or shorter perioda si ražen which will be quried in poplication..

"Stocks-While investment de their Head Office at Detroit, and mand due to cheap money, is still Foreign Department in New York. AEREARLEY an important market influence, were making a close study of the

Manager believe that inflation sentiment is Eastern Markets. Hong Kong, 1st. January, 1985.

again growing, but the latter is Mr. Irwin A Vladimir, Chief of Isubject to a sudden reversal as it their Foreign Department, has just THE BANK OF CANTON, LTD.(bas so often appeared in the past recently been making a survey of

Established 1912”

desirous of.

this

year. Therefore, we would prefer this territory, having a number of to confine new commitments and pew clients who are boldings to the special situations; establishing themselves in $11,000,000 recently suggested and maintain-a market. “

Head Offices-Hong Kong.

Authorised Capital

|Pzid-up" Capital.

Total Besozzces

$55,000 cautions attitude regarding the Mr Vadimir has been very suc- 82170,492 general-market. In utility issues, cessful in the appointment ofj Branches Canton, Toishan, Shanghai, we would suggest Cities service Agents for these lines, and is well Hankow, Bangkok & San Francisco,

stocks. Business done:-1,390,000 satisfied with their potentialities. London Banks Loyds Bank, Tatl

Among Maxon's numerous ac-1 counts, are:—

Foreign Exchange and Banking shares. business of every, discription trans- *Commodities:-The commodity Current Accounts opened and Fixed markets were neglected, but the HONG KONG SAVINGS BANK. Deposita received for ons are technical positions have much im-

The Brain at the above Back_la' conduct.

by the.HONG TONG AND SHANGHAI

THAT BANKING CORPORATION.

VİMİONİ OK, Jpylíndios.

FOR THE HONG LONG AND SHANGHAJ BANKING CORPORATION

7. GRATKEEN,

Chid. Manage

Hong Kong, 25th February, 1935.

THE BANK OF EAST ASIA, LID.

•Sanoined Capita

Baldzy Caplini -

„Moneros and individed Frobe

HEAD #FFICE:-BONG LONG

1. Vaux Bond Cantemi

BOARD OF DIRECTORS:---

Bir Soon - Low, asieWEAR.

acted.

shorter periode as ratas which will be proved. pr quoted on application.

Safe Deposit Boxes (various, gİzon)

LOOK POONG SHAN,

Chief Manager

SAFETY FIRST ↑

To Safeguard Your Valuablas and Jewelleries.

Deposit them in a Vauls

that is really

FIRE PROOF

BURGLAR-PROOF

(Continued on Page 7).

NEW YORK STOCK EXCHANGE Renter Quotations

close

May 8.

General Electric

H. J. Heinz Co. Jodent Tooth Paste Reo Automoble Helena Rubinstein Hupp Motor Car Corp. Michel Cosmetics Sapolio

Three Minute Oat Flakes Mezinen Shaving Cream and

Takum Powder Picot Grape Salts Holeproof Hosiery.

The following grotations were re- Maxon Inc. have appointed" The ceived by Beuter:

Advertising and Publicity Bureauj 10.20 11.00 May 9.

Lid, as their Associate House for! *4.833-4833 483%|South China.

3,001,200.00 $2,694, 199.00

- DAMP-PROOF 1 OUR SAFE DEPOSIT "VAULT »

XY/London NY. Catton

Jaly Oct

July

Sept

14 La Chi Zog + L. Zou, Ingu og located on the Meanine Floor of

I'm Tong. EAS, Chang Shek, Bagan Our New building is Specially Con- N.T. Rubber

In Wing Chu Suma Eng, and Xan Linstructed to provide all of theme, I

portant Qualities.

im

Loo Tong Po. Eaqa' Christ Hanager.

To The Fong: Ergo Manage.

AXCURS, AND AGENCIES 20

Samand

Foshangu.

་

11.78 11.75 11.73 11:48 1144.

ZLAT

You may obtain a Safe Deposit C. Wheat July Box in this most up-to-data Vant for Com July 81% (your own nee at-aʼvery moderate Ren-į W. Wheat July. 88

tal

THE NATIONAL COMMERCIAL Con Gas NY. 23% 235%

THR

INC.

U.S. Steel

Feinkome

Kowry, doo-ription of Bauling and

Los grated' as approved

Lond

Cars Apod open, în

Fixed Deposita, sücskend fer coe. __2007_==! aborter periods in Coval and Foreign Currancine; mmm which will be, quased on application.

Bale Dabost Dow To Los

- FAX TONG PG,

Cist Manager.

407. Central

AMERICAN EXPRESS COMPANY, Standard Oil XJ 44.4%

Head Office: 65, Broadway,

-U.S.$8,000,000.00

2,087,112.59 1,995,628.31

EXCHANGES

.TO-DAY'S QUOTATION

On London

THE CHINA & SOUTH SEA BANK.

LIMITED

incorporated in China)

$7,500,000.00

Head Office

Capital

Beserve

Shanghai

Nion

Kaplan Pizzene

64

Credits 4 months' sight-2/52

COMMODITY PRICES

The following quotations have been received by Reuter.

Prev. Yesterday Closing Closing

-68

LOCAL

SHARES.

TO-DAY'S QUOTATIONS

CANTON INSURANCE OFFICE LTD.

རུ་ཤ བྷན

The following is the Est of local share quotations issued yesterday:

E.K. Bank $38TY Sä. HE. Bank (London) 2241⁄2 Chartered Bank $144 2. Mercantile Bank A. & B. $30% IL Mercantile Bank C. £1331⁄2 m.” Bank of East Asia. $81. u. Am: O Finance Corp, Sh$15 a China O Fiz. Ord. Sh. $1.80⋅ 1.” China O. Fin. Pref. Sh. $435

Insurances.

Canton Ens. $215 2 Union Ins. $355 b... China Underwriters $1 n China Fire Iris. $400 n. HK Fire Ins. $200 n. International Assce. Sh$12 m. Shipping

Douglases $39- HK Steamboats $1 Indo-Chinas (Fret), $90 Indo-Chinas. (Def). $33.1. Shell (Bearer) $56/3 1. Union. Waterboats $11.

Mining.

Antamoks 65 cts. b. Balatoes $34 12. Baguio Gold 21 cts. I. Benguet Consolidated $11 n Benguet- Exploration 10 ets n. Benguet Goldfield 10 ets. n. Big Wedge 8 cts. 1. Gold Creek 30 cts. n. Gold River 7 cts, n. Ipo Mining 85.cts. . Itagans 30 ets. n. Salecots 12 cts,

Kailan Mining Ad. $17/-`zi Langkats (Single) Sh$14 m. S'hai Exploration. Sh$434 1. S'hai. Loans Sh.$54 x Baubs $5 n- Venz: Goldfeld $5 r.

Docks, etc.

HK and K Wharves $85

Cum. rts.

IL

Annual Meeting On Wednesday Next

DIRECTORS REPORT SHOWS-

NEW ADVERTISEMENTS

R

PERLIC AUCTION.

SATISFACTORY POSITION PARTICULARS & CONDITIONS

At next Wednesday's fifty-fourthịto be held an MONDAY, the 13th by Public Auction ordinary-general meeting of the day Canton Insurance Office, Ltd, to be the Offices of the Public Works De

of May, 1985, at $ pm, at held at the offices of the Company, partment, by Order of His Excellency the directors will recommend the the Governor of one Lot of Crows payment of a final dividend of $1.40 Land at Island Road in per share on 1983 account, making lony of Hong Kong for a term of the Co- a total dividend for the year of $11 75 years, with the option of renewal per share, together with a bonus of at à Crown Sent to be fixed by the $1 per share. A sum of $100,000 Surveyor of His Majesty the King is added to Reinsurance Fand and for one further teria of 75 years. $294.087.63 is added to Under- PARTICULARS OF THE LOT. writing Suspense Account to close

the year 1995.

20

Accounts for 1934 show amount of $1,503,65-432 standing at credit at the end of the year From this the directors will re! commend the

payment of interim dividend of $3.60 perį share, absorbing $180,000, and the carrying forward of the balance of $1,323,654.32

LOCAL "DOLLAR FALLS

Silver Prices Decline The local dollar has fallen further half-penny, opening on de mand this morning at 2/4.

Both spet and forward silver p

"

Jaland Road.

Locality,

Boundary

about

(mkte plan.) 13,900

PUBLIC AUCTION

ARTICULARS & CONDITIONS

fell 15/16 to 32 13/16 and 33, res of the Sale by Public Anction pectively.

Ito be held.02 MONDAY, the 13th The London on New York cross-day of May, 1935, at 3 pm, at rate was quoted at 5-US$454, the Oices of the Public Works as compared with S-US$4847 Department, by Order of His Ex- while the New York on London cellency the Governor, of one Let

HX, and K. Wharves ex right. $85 Cross-rate was quoted at £-US$4- Crown Land at Peak Road 84% as compared with £USS-in the Colony of Hong Kong for a 8378

term of 75 years, with the option of renewal at a Crown Bent to be fired by the Surveyor of His Majesty the King, for one further term at 75°

-PARTICULARS OF THE LOT.

HK and K Wharves right $9 1. EK. and W. Docks $92 s Providents, (old) 95 cts. s Providents (new) 20°cts. I Hongkew Sh. $26731⁄2 1. New Engineering Sh.85 n Shri Docks Sh. $110 *

Cotton Mills. Ewo Cottang Sh. $3.30 % Shanghai Cotton (old) Sh.468 1. Shai Cottons (new) $42 n Zoang Sings Sh. 381⁄2 mi Wing On Textiles. Sh. $55. The

Lands, Hotels, etc.

H.K. and S. Hotels $4 h.

FLK Lands, 336 33

EK Lands 4% Debentures 100%

Shanghai Lands Sh.$201⁄2 n Metropolitan Lands, Sh. $10 Humphreys $94. E.K. Realties $485 m Asia Realties “A”, Sh. $75 12, Asia Realties "B" Sh. $10 Chinese- Estates $90 Chinz Realties Sh. $7'n China Debentures Sh$123 11.

Public Utilities

Everything

gone.. BUT YOUR SAVINGS

RENT

FOOD

CLOTHING

HEAT

Near Inland

· Reglatiy ?

Bocality,

Hovudary

·

par ¦ naša “planį 6,300

Is It Insured?

Instance. All Cladies LOWEST RATES

1,675

❤ | Annual Bentaj

***4] Upist Price,

American Asiatic Underwriters Fed. Inc., USA General Agents

HE. Offen

Asia Life Building

11.708 11.575. 111576 1182 11656 1163b

95% 815M

88

STOCES

Inspection Cordially' Invitad.

New York Cotton

Amer Smelting 433 434

444

May 7. May, S.

Desks.

& SAVINGS BANK LTD.

Du Pont-

9825

aglang

Elec Bond & S6

Feng

Besgren

- Cerner of Ice House Street and

Des Voeux Road, Central.

May July

1176

11.84

1178

1187

General Motors 30 In Tel & Ta

30%

30%

October

11.43

-11.50

Sag leve

Loew's Inc: 38% Montgomery W. 26%

382

7 38

December

$1.55 11:56

25%

262

Jan. (1936)

Distillers 24 24

24%

March

15%

13

16%

45

Spot

31%

31

New York Rubber:

May

July

New York

September

11.57 11157 11.63 1163 12.15 12.25

1152 11.60 1170* 111.71+ 11.78a 1184a

TAXES

October

1184

11.90

Capital

WATER

Surplus. Reserves

December

12.00

12.05

January

12.03

12.13

Chicago Wheat:-

HK Tramways' $13.30 b., $13.35

CHITS

BRANCHES

May

95

954

Gecon

METAL

On T.T. and demand

2/1

July

9432

954

LDAWNEY

4 months-sight

2/4/s

September

954

96%

Peak Trams (old) $81⁄2 n. Peak Trams (new), $6 n.

“Hatara

BOWLINE

Berlin

$1,500,000.00

All Insportant Cities

in Claims

Balay Brunes Brusela

and

General

Cairo Calcathe

Colombe Copenhagen Dubli Rainborgh Fiorent

Cashier's Office

$3669

Branches

Foreign Exchange

Basking Basiness transacted.

Current and Saving Accortits opened azz Fixed Deposits received for one year or shorter periods at mazes which,

se quoted on application

SOU Z. CHANG,

Manager. HONG KONG FRANCE: 24, Des Voeux Road, Central Manager's OfficeTel 33565 Foreign Exchange Dept. 38686 General Offics

55567

Montwak

Branches of Americas Express Cam- pany in Principal cities of Uniffed Etates of America and Canada.

All cases of Commercial Banking On Paris- Fransactions undertaken.

Bamburg Harre

Interlake Faroelem Landow Liverpool

Chicago Corn:-

Star Ferries $80 11.

On Shanghai-

May

894

Leverbe

Lagan

Borundem

www.

Bingapor

Taormina.

On demand

139

July

81%

$13

On Singapore.......

¡September

76%

76

On demand

99%

Winnipeg Wheati

On Japan

May

8634

86%

Morantiam

.. Monte Carin

Mondia

On demand

19734

July

883%

883%

On India

New York Sagar:-

Meredada.

Zuric

On T.T, and demand.. 1542

On New York----

On' dem ind

562

Credits 60 days' sight

59

May July

On Batavia-

Sept.

On demand

8334

On demand

85T2

Credits 4 months' sight. 907

May

THE YOKOHAMA SPECIE BANK

Personal investment accounts handled.

On Saigon

July

1.31 1304

LIMITED

Established 1880.

On demand

-852

September

12928

134 132 1.312

Alexandria

Baterin

Berlin

Brabay

Canton

(Dalis)

The Company offers to intending On Manila- Travellers the use of its avalocaj On demand Cheques and Letters of Credit and. On Bangkok- In addition, the world-wide surrions; Capital (fally paid-up) Ten:100.000.000 of its thoroughly equipped Travel DeOn demand Reserve Fund A. Ye125,800,000

Head Office:-YOKOHAMA

Branches and Agencies st:

Bankow Harbing

Nagasaki

Nagoya

New York

Paris Peiving Rangoon

de Janeiro

(Malien) Francisco

song Kong Honolula Hainking

Angeles

Sacr

Semarang

Shanghai

Singapore

Soerabaya «Sydney

Tenbein Tokyo

Fingkow

to be obtained on,

TISH

Copper Cents Rate of Native Interest Chinese Sub. Coin

THE WING ON BANK Hong Kong Sub Coin

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 Pized Deposits recived at rates which will be quote on application Special rates given

Special deposecutorality under

Trusteesaip

Safe Depositores for hire

LGOCKCHINS

14 SHU PONG

Montreal Silver:

113

May

July

792

September

Soveigns bank buring rate:

December

7275 72.50 71.506 71.75b 22:55¤ 72.95 7370 74.10

E. W. DUGGAN, Bar silver per oz. -

Manage Copper Cash..

2/5% 32-13/16

pa

Paris

-28% dis

New York

Montreal

No. 1 Na-3 No. 1 No. 3 -Con Con. Com: Con. 249 239 244 245 241 241 246 245||| 2:48 246–253 · 2:50. Dec

256 252 261 256. Jan (1936) 2:43 236 245a 239| New York Silk-

-asked b-bid n-nominal

LONDON EXCHANGES

London, Yesterday. T3-27/64 7434 48574

Brussels Genera

Amsterdam

Milan

THE SHANGHAI COMMERCIAL

& SAVINGS BANK LIMITED Encaporated in:China)

Berlin

Madrid

Montevid

Shanghai

Capital Reser

"Hồng Kong

Silver Spot

Forward

23.60 14.96/2 715

58 23/32 1204 35-13)32 40% 5.0. 31/8

2/42

32 13/16

British Wireless Service

NO RADE DIVIDEND

Hong Kong Stock Exchang

table from Mes

Yaumati Ferries $20 n.

C. Light $8.40 a. H.K Electrics $60 Macao Electrics $2311⁄2 1. Sandakan Light $6. s. Telephone (old) $194 n Telephone (new) 391⁄4 z. China Buses Sh. $111⁄2 1 Singapore Traction 10/3 n. Singapore Pref. 20/6

Industrials Malabon Sugar $81⁄2 Cald: Marg. (Ord), Sh.$194 n. Cald: Macg (Pre£), Sh‡13 n Canton Ices $1.80 1

Cements $75. Converted.

~HK Ropes $2 1.

Stores, etc.

Dairy Farms $14 b.

Watson $3

Lane, Crawfords $31⁄21⁄2% a Mackintosh $9

Sinceres $8 m

Wm. Fowels, 70 ctual Wing On (HK) $100 n

Miscellaneota

HK Amusements. $185, n. Entertainments $6.40 n. S. C. Enterprises $1.35 n. Macao "Greyhounds”: $2 n Constructions (old) $140 Constructions (new) 15 cia. n Vibro Filing $53

Ch Govt 5% 1925 G$Bdz.

92% sa

HK Govt 4% Loan, 62% prems

HK Gort 72% Loan 2% DICHL

b

Wallace Harpers $6.3.

Han Gold

SAVINGS

SAVE SOMETHING

START NOW

UNDERWRITERS SAVINGS BANK

FOR THE FAR EAST

INC

Asix Life Bulking Hoa trong.

Tel. 30234

17, The Bund Shangbai

Tel 30234

RAW RUBBER PRICES

Messrs. B. Joseph and Co. have received the following Straits. Cure rency quotations from Singapore for Raw Robbe

Spot 183 unchanged by 19% a Jan-March 22 unchanged b

2238

July-Sept 20% unchanged b., 20%

Oct-Dec. 24% unchanged b, 21%

Market:-Steadier.

S. E. Levy & Co

75 ICE HOUSE SIKRET

BANKRISTA BROKERS

NEW YORK CONION EXCHANGE

COMMODITY ZICHANGE, ÎNG, XX

CHICAGO BOARD OF STRAZE CANADIAN COMONDOTTY 'YICHANGE

CORRESPONDI

Head Office