1935-05-14 — Page 6

BANKS

HONG KONG AND SHANGHAI-

BANKING CORPORATION -

Authorised Capital

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

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

HEAD OFFICE: LONDON

Issued and Fully Paid-up. 20,000,000

Reserve Funds

Sterling Silver

£6,500,000

$10,000,000

Paid-up Capital Reserve Ford

£3,000,000 £3,000,000

20,000,000 Reserve Lability of Pro-

Reserve Liability of Pro-

varietom.

-HEAD OFFICE: HONGKONG, BOARD OF DIRECTORS.

❤ #. Dadwril' King,

Chairmen

CC. Künight, Xaq.

Donty Chairman.

Han MW. H. Bell,

3. A. Plummer, Esq.

AEL Compton Esq

“M. T. Joluson, Esq. Hoa Mr. J. Paterson,

G. Miskin Esq. T. E. Pearce Exq

#MOT

-CORE

-

TOWLOOK

·J. X. Gearbara, Bog-

Chiat Kasapai

KRARCHI

KUALA LUMPUR LANDOJE

MALACCA

MANILA

Cal Debors)

MEDEX

NEW TOŻE

PERING

PENANG

RANGOUT

SAIOON

SAX FILCIRCO

FRANGEL

SINGAPORE

SOGRABATA

SUNG ET TATAXI

TIENTSIK

TOETO

TSINGTAO

TOKOHAMA

Terron)____Lecoupée, eposed in Leon Currency ja Fizal Deponim received log-hur pran a sherite perioda in Look! Company mod hurling - terms, which will be onowed in ampliontion. Hong Kong, 7th May, 1935

HONG KONG SAVINGS BANK.

The Best of the shore Back la mandant.

Bateria Bombay

Cathem

Cabe Cole Day

THE "CHINA" -MAIL, TUESDAY, MAY 14, 1935

Commerce and Finance

LOCAL DOLLAR FALLS

3000.000 Silver Prices Improve

Articles and Branches:

Epok

*king -Lobe

Tolls

-Xangoon-

Sachsenne

Sheng

11

Bankow

Xanhing Kadena Mnexile Medan Kew York

Young"

Bourshow Talping Thacia Toorksh

(Barber) Yokohama Zamboanga

The local dollar has fallen opening on demand this morning at 12,4

Spot silver advanced, to $3, and forward advanced 3:16 to 33%

The London on New York cross-f rate was quoted at US$4.87%. as compared with US$4.56. London hayla Moabangn, and Geral Banking Imanwhile the New York" on Derrand LUCIÓN opel and Fixed Depot Cross-rate was quoted at US$ vané de me mur de thorne mund të z8738, as compared with -$34- which will de quitad, on neplation.

A. BREARLEY.

Hawaggs.

Barkin

Hong Kong, 1st. January, 1935.

SAFETY FIRST!

To Safeguard Your Valzabim and Jewellerie Deposit them in a Vazh \that is really:

FIRE-PROOF

BURGLAR-PROOF DAMP-PROOF!

OUR SAFE DEPOSIT VAULT

Joestad

on the Keszanine Floor of [Our New building is Specialty Con- stracted to provide all at these Im portant Qualitsem

$634-

EXCHANGES

TO-DAY'S QUOTATION

On Singapore.....

On Japan.

You may obtain a Safe Deposit On India Bar in the most up-to-date Vašli for your own use at a very moderate Ran-

the the HONG KONG AND SHANGHAS REL SANSING CORPORATION

sitsitud on apeliantion..

FOR THE HONG KONG AND SHANGHAI RAKKING CORPORATION

T. 1. GRATRUIX,

Hong Kong. 25th February, 1935.

Inspection Cordially Invited. THE NATIONAL COMMERCIAL

60%

LOCAL SHARES.

TO-DAY'S QUOTATIONS

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

**Baaks****

FK. Bank $1005 b.. $1025 sa. H.K. Bank (London) £32434 m Chartered Bank £147. n.

Mercantile Bank A. & R.

NEW YORK STOCK

MARKET

Utilities Enthusiasm Cooling

WASHINGTON NEWS TEMPERS * INFLATION SENTIMENT·

tures

2

and

to

adherence

reports, from!

SHANGHAI STOCK EXCHANGE

Only Limited Business

Done

DEBENTURES IN FAIR

DEMAND

Shanghai, May 7.

In their Market comes ent

NEW ADVERTISEMENTS

HONG KONG & WHAMPOA

-DOCK CO., LTD.

Offer of Additional Shares

TOTICE IS HEREBY GIVEN

N that the Share Register and

Transfer Books

of the Company,

will be closed from the 21st to 25th the

instant, both days inclusive. for the

American Oriental Finance: Cor purpose of ascertaining the names

poration Stite:--

on

In their market report. Messa Is E. Levy and Company or

pondents for Messrs. White Weld

of Shareholders to whom the offer and Company, New Tork, states There was again very limited of new shares is to be made.

"Stocks: The Utility Holding business on the Shanghai Stock Ex-

By Order of the Board Bill is about ready and still con-

change last Tuesday, only 50 shares.

EL HOSIE tains numerous objectionable fea-and 305 bonds changing hands.

Secretary Consequently, enthusiasm.

Hong Kong, 13th May, 1935. In these securities is cooling. Ex-Shanghai Power 31⁄2 Debentures were the principal stock dealt in pectation that Secretary Morge the rate being $$0.50 for cash- thau's speech will reiterate the There was better business Administration's

(Wednesday although it was only a Isound menes

half-day, and the total turnover Washington indicating that the was 1102 shares and 570 bonds. Senate is likely to sustain the Pre-i

There were some transactions in sidential veto regarding the Put! City Loan 7 per cent. 1932, 12 $90, man Bonus Bill are tempering in-

and most of other business was în flation sentiment. We believe the

{debentures maintenance of buying power is a

There was a little better business wise course here. Business done:1

NEPTUNA ** jon the Shanghai Stock Exchange

Consignees of Cazgo. are hereby on Thursday, the total official and informed that all Goods are being -1,130,000 shares.

"Grains:-Large May wheat ten-unofficial business being given as landed at their risk into the hazardous ders and ideal growing weather's shares and 564 bonds. Shanghai and/or extra hazardous Godowns of are depressing factors. The "de-

Power 5 per cent debentures The Hong Kong and Kowloon Whert |creasing visible supplies were dis-1)

were again the major issue dealt Godown Co., Ltd, whence and/or regarded.

Total sales: Wheatin, one deal in the morning being out the wharven delivery may be 23,385,000 bushels; Corn:--done at 81 and one in the afternoon No claims will be admitted after 247,000 bushels.

Mercantile Bank C. $134 Bank of East Asia $81 1. Am: 0. Finance Corp., Sh.$15 m. China 0. Fin, Ord, Sh. $1.50 n China O. Fin Pref. Sh. $4 nm Insurances. Canton Ins. $215 n." Union Ins. $360 32. China Underwriters $1 m China Fire Ins. $400 m. HK Fire Ins. $200 m. International Assee. Sh.$475.

Shipping

Balatoes $34 n. Baguio Gold 21 cts. n.

Benguet Consolidated $11 a. Benguet Exploration 10 cts D Benguet Goldfield 10 cts. x.

Big Wedge 8 ct.

N.T./London

Prev. To-day close

CONSIGNEES NOTICE.

THE BURNS PHILP LINE

From MELBOURNE, SYDNEY, RABAUL, SALAMAUA. SANDAKAN & MANILA.

The MY

the Goods have left the Godowns, and all Goods remaining undelivered after

There was quite a small business the 21st May, 1935, will be sub-

-།

lat 80.50.· (Continued on Page 7)

on the next day, the total official ject to rent Latest Quotations fand unofficial business being given All claims against the stammer must The following quotations havas 553 shares and 245 bonds. Shang-be presented to the Undersigned been received-by-Beurer.

That Race Club 6 per cent debenar before the 4th June. 1935,

they will not be recognized. tures changed hands at $95 cash.

To coarply with the General Bonded Comparatively little was reported Warehouse Regulations consignees 488 487 on Saturday for the half-day ses-must have a Revenue Officer in attend- sion and the only major transace when damaged dutiable goods are

examined. action recorded officially was in

All broken, chated, and damaged - City Loan 7 per cent. 1982 at 90 Goods are to be left in the Godewas, for cash Power and S. M. C. de-where they will be examined on the bentures were the only other list 20th May, 1935, at 10 am b

Mesars. Goddard and Douglas. ings which interested investors.

No Fire Insurance has been effected. Prices Lower

Bills of Lading will be countersign- ed by,

Cross-rate

Fon London

On T.T. and demand

2/44

4 months": sight

2/4

Credits 4 months" sight

2/6

On Shanghai--

On demand

140

Douglases $99 11. HK Steamboats # Indo-Chinas (Pref.); $30 n Indo-Chinas (Def.). $33 nj Shell (Bearer) $59/47% L.. Union Waterboáts $11⁄2 a.

Mining.

On demand

101%

Antamoks 68 ets. b...

On demand

2014-

On T.T. and demand

1574

On New York-

On demand

57

Gold-Creek 30 "eta. n.

Credits: 60 day's sight

Gold River 7 éts, 1-

NY. Cotton-July

On Batavia

On demand.

$324

On Paris

Ipo Mining 85 eta 1. Itogans 30 cts. a Salacots 12 cts. n.

11.95 1188a

*11.86 1202

V

On demand

S

Credits 4 months' sight 927

Chicago Wheat July 33% Chicago Corn-July Montreal Silver-Dec. 78.50 Silver Oficial

733% Dow Jones Averages

92 8052 76.30%

On demand On Manila

On demand

8,555,000 On demand

11534

Shai Exploration Sh$4% Shai Loans Sh.$51⁄4 n. Raubs. $4 s. Venz; Goldfeld $5 n.

Docks. etc.

2/55%

HK and K. Wharves $85

Cam. rts.

334

Nom

& SAVINGS BANK, LTD. Cacher of Ice House Street "and De Veexx Road, Central

THE BANK OF EAST ASIA, LID. THE BANK OF CANTON, LTD. On Saigon.

Waldrag - Capital

Murva-and Undivided. Pročte -- 33,436, 193,30

HELD OFFICE:- HONG KONG

1. Der Vores Bond Centek).

BOARD OF DIRECTORE>--

Chan, Eg9. I. Kwok,

Loen Wong Chu Sat, 106 vi kan tag

Tas Tong Mo ZM- Chin Kounger.

The Fon. Eng. Managır. BEANCHIES AND AGEICO 2-

Manila

Melbourne

New York

Owaka

Paris

Paiping

Facing

Baugom

Saigon

San Franoisom

· Evert descripsimo čuť Banking

Scotia

Scarabeys

Sydney

T

Tokin

Sokebome

and Exchange

Established 1912.

Head Office:Hong Kong

Authorised Capital $11,000,000 On Bangkok- Paid-up Capital

→

Total BesaZIVOS

8217042 Soveigas bank buying rate Branches: Canton, Toishan, Shanghai, Hankow, Bangkok & San Francisco.

Banker Loyds Bank, Ltd Bar silver per oz.

and Banking Bar Silver In Hong Kong business of wrey discription trans-Copper Cash Current Accounts opened and Tired Copper Cents

year or Rate of Native Interest Deposits received for shorter periods as zates which wil de Chinese Sub Coin quoted on appNestion,

Hong Kong Sub Coin

Safe Deposit Boxes (varions sĺzno) ile hire.

LOOK POONG SHAN,

THR

Chief Manager.

butions transcal. Les granted appr* AMERICAN EXPRESS COMPANY,

Durres Accoutate openenč in Lavani 200 Fand“ Dapoolse ved for, ato que me starter periode is Loval and Forage Currindus where which will be quad appbortion.

Bata Deponit: BORNE. TA LAL

ŽAN. TOKO PO.

INC.

********

-par

pa

The dia

Kalan Mining Ad. $17/- n Langkats (Single) Sh.$14 ±

EK and K. Wharves ex right

$84 DL

EK, and K. Wharves right $9 m H.K. and W. Docks $915 B. Providents (old) 95′ cts. B. Providents (new) 20 cts. D.. Hongkew Sh. $267. a. -par-New Engineering Sh.$5 m.”

Shai Docks SE $110 n.

Cotton Mills.

NEW YORK STOCK EXCHANGE

Reuter Quotations

May 14

NY. Elabber-July

*:08

19.65 19.39. 26 of 95.31 95.27 .04 of

20 Industrials 114.08 114.3 15 up 20 Rails**

30.71 31.22 51 up 20 Utities. 40 Bonds 11 Commodity

Index

59.30- 58.81 49 of

COMMODITY PRICES

The following quotations have been received by Beater.

September October

Prev. Yesterday Closing Closing

Wing On Textiles, Sh. $55 n.

Lands, Hotels eté, - H.K. and S. Hotels $4.05 3. & sa. New York Rubber-

May H.K. Lands $35 m. H.K. Lands 4%. Debentures 100% July

Shanghai Lands Sh $2054 m Metropolitan Lands Sh. $10 m Humphreys $93⁄41⁄4 n. H.K. Realties $44 s. Asia Realties “A”, Sh. $75 1. Asia Rexities “B” Sh. $10 m... Chinese Estates $90-z. China. Realties Sh. $7 n- China Debentures Sh.$123 1.

Public Utilities

December

January

Due to steady declines for three days during the middle part of the week, prices for most issues were slightly lower on the Chinese Gor ernment bond market at the close of the week under review. "Out- standing among them all was 96

Millions, which on those three days

went down by nearly a point 2 half, and it was only a and strong reaction on Saturday that reduced its not loss to below one (point-

Business was quiet throughout the period under review, the total turnover being 49,605,000 only. During the week's quiet trading, 196 millions claimed all attention. The deference between its high

and low was as much as 160. Only two issues were able to show net gains at the end of the week, these being 19th year Customs and Rehabilitation, two usually steady issues. Their gains, like the losser of the others, were small

GIBE, LIVINGSTON & CO., LTD.

Agents Hong Kong, 14th May, 1935.

z gone

Everything BUT YOUR

SAVINGS

RENT

FOOD

CLOTHING

HEAT

TAXES

WATER

New York Cotton: May

Ewo Cottone Sh. $8.30 n. Shanghai Cotton (old) Sh.$88 n. Shai Cottons (new) ́ $42 1. Zoong Singa Sh. $81⁄2 n.

July

October

1181

11.80 11.95 11.95 11.86 11.69

December

11.86

11.73

Jan. (1936) March

11 92

11.96

Spot

11.90 11.52 12.35- 12.25

Head Office:-65, Broadway, New York

Chief Kanger.

Capital Surplug

„ULS.$8,000,006.09

2007

THE CHINA & SOUTH SEA BANK,

LIMITED

(Incorporated in China)

Head Ofice...Shanghai

BRANCHES---

NETTON

Antwerp

Ginagaw

Capital

$7,500,000.80

Reserve

$1,500,000.00

The Hague HATHOR Kamborg Havre

July -Sept

B

Xuanches

All Important Cities

in China

Foreign Exchange

and

General

Bremen

Cabo

Rotterdam

Saranasan Loudes Later

C. When July 23% C. Corn July 80%. W. Wheat July 28% STOCKS:-

The following quotations were re- ceived by Eexter-

close 10.20 11.00 NY./London 4.86% 488% 88 NY. Cotton.

July

11.93 11.95

11.87 Oct.

11.81 11.72 11.72 NY. Rubber

11.88a 12.00 12.01 1211 12.00

12.17 .92%

80 Market closed

11802

11.90b 11884. 12.02 12.00 1215 1221 12.07 12.23 12.36

12.30

12.43

LONDON EXCHANGES,

London, Yesterday..

CHITS

Chicago Wheat:-

Paris

74.5/64

May July

91%

New York

48875

93%

921/4

Montreal

4837/2

September

9434

.93

Brussels

28.852

SAVINGS

Chicago Corn:-

Geneva

15.11

May

87%

86%

Amsterdam

7.20

SAVE SOMETHING

July

80%

8014

Milan

59%

Сахшии Colc Coperingen Thoblin

Amer Smelting 45

К

Con Gas NY.

Du Pont

]

Guarte

Morstreaz

General Motors 31% Int Tel & Tel 8 Loew's Ine 391⁄4

45% 45

23% 241⁄2 234 100% 100% 99%

8 8 Elec Bond & Sh. 8

31% 31%

8+ 39

1%

39

26%

247%

24% 17 4514 32

Cashier's Offer

Batavia

Berlin

Bombay

Nagtseld

York

Paris Peiping Rangoon

Banking Business transacted.

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

800 Z. CHANG,

Manager.

HONG KONG BRANCH: 24, Des Voeux Road, Central. Manager's Office ......Tel. 33565 Foreign Exchange Dept. 33566 General Office

253567

33562

THE YOKOHAMA SPECIE BANK

LIMITED.

Established 1880

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

Head Offices-YOKOHAMA

Branches and Agencies at:. Alexandria

Calcutta

Canton

Dairen (Dalny)

Fengtien (Makdan) R55 Le Jeneiro Hamburg

Bong

San Francisco

Singapore

Soerabaya

Sydne

Ventsia Tokyo "Tsingtan Yingkow

crired for fond priods be obtained on application.

TISHINAMIN

Tong-Kong 11th March, 1985.

Branches of American Express Com Montgomery W. 264 26%

Nat Distillers 24% In Principal cities of United Y. Central DERLY

16% 17% States of America. and Canada.

Standard Oil NJ 45% 40

3334 3 All classes of Commercial Banking U.S. Steel Franzactions undertaken.

Personal investment accounts RAW RUBBER PRICES

handled.

The Company offers to intending Travellers the use of a "ravelers Cheques" and Letters of Credit and, In addition, the world-wide services if its thoroughly equipped Travel De-

E. W. DUGGAN,

-Manager.

THE WING ON BANK

LIMITED

Head Office: Hongkong- 26, Des Voeux Road Central.

Latest Quotations From

Singapore

Messrs. H. B. Joseph and Co. have received the following Straits Cur- frency quotations from Singapore for

Raw Rubber...

· Authoriséž Capital: $10,000,000) LONDON BANKERS:—

Westminster Band, Ltd. Foreign Exchange and every descrip [tion of banking businesses fansacted. Current Accounts and Savings Accounts opened. Fized Deposits || |received at rates which will be quoted on application Special rates given 20 Special deposits

Trusteeship and Executorship under- taken. Safe Deposit Boxes for hire.

PHILIP GOCKCHIN,

› Chief Manager

Manayız. L. GOCKCHIN",

14 SEU FONG | Asst. Manager

Spot 19% up 1⁄4 b,19% July-September 20 mp 3 Dar

20% 8

Oct-December 2134 up 1⁄4 b., 21%

Jan.-March 224 vp 1/4 b. 22%.8. Market:Quiet.

THE SHANGHAI COMERCIAL] & SAVINGS BANK LIMITED

Cincorporated in China)

Capital paid say wan $35,000,000

Beserves

Capital Savings Depta 0,000.. Reserve Savings Dept. 2600,000.

Hand Office Ska

A Bank being an itu suluciem` £ba Industrial development. of China and-the-fortering of her, AUSZEIRO cial'relations abmed. Hong Kong offion=-7-Len

Phone: 714511-A

Telephone (old) $19 b... $19 Telephone (new) $9 s. China Buses Sh. $1134 m Singapore Traction 10/3 m. Singapore PreĹ 20/6 1.

Industrials Malabon Sugar $811⁄2 u- Cald: Macg. (Ord), Sh$191⁄2 a Cald: Macg. (Pref), Sh.$13 m. Canton Icés $180 m Cements $64 &. Converted. HK Ropes $2.1.

Stores, etc. Dairy Farms $14.3. & 23: Watson $82

Lane, Crawfords $31⁄2 n. Mackintosh $9 The Sinceres $8 m

Wing On (HK) $100 n

Miscellaneous,

HK Amusements $1.85 n Entertainments $6.40 m. SC. Enterprises $1.35 n. Macao "Greghornds” $2 n.” Constructions (cld) $1.40 n Constructions (new):45 cts. I Vibro Filing $51.2

Ch. Govt. 5% 1925 GBJ-

92%

HK Govt 4% Loan, 6% prem

HK Govt 34% Loan 29% prem:

Wallace Harpers $55.

New York Metals:

Copper

Is It Insured? ?

Insurance ATL Classes LOWEST BATES

American "Asiatic Underwriters Fed Inc, USA.

General" Agentat

HE Office

#Aziz Lite

-Bailding

MEJRZEN

SEW, TOLK, GOFTON, ZIMELANGE

COMMODITY EXCHANGE, ING. NI

CHICAGO BOLID OF TRADE CANADIAN COMMODITY" "EXCHANGE,

HK Tramways $131⁄4 5. Peak Trams (old) $81⁄2 n. Peak Trams (new), $5 m.

September

74

74%

Berlin

12.11

Winniper Whent:

Pragne

1171/%

May

81%

Market

Madrid

35 49/64

-Star Ferries $80 ».

Yanmati Ferries $20 D.

July

closed 88%

Athens

Bucharest

New York Segar:---

C. Light $8.35 h. $8% 8. EK Electries $60 b.

Macao Electrics $233⁄41⁄21⁄2 m.

May

Sandakan Light $6 s--

July

sa

Sept

Dec.

2.67 2.60 2.63 2.58 Jan. (1986) 250a 243, 247□ 2:41 New York SM-—

No.1 No.3 No. 1 No. 3 Con Con. Con Con 2.50m 2.498 2.50 247a- 2.51 248 248 246 259 255 255 2.52

Buenos Aires Montevideo Shanghai

Hong Kong Yokohama

Belgrade

513 4772 214

Bio

4% sellers offi 15 sellers aft 40 sellers off

1/3.

2/4 3/32

1/27%

Silver Spot

332

May [July

1.3244 132

1324

133

Forward

33%

Warloan 320

106%

September Montreal Silve May July

1.32

1814

-British Wireless Service.

START NOW UNDERWRITERS

SAVINGS BANK

FOR THE FAR EAST,

·INC.

Asia Life Building

our Konic

Tel. 30234

/73.90

-73.95

74.50

74.85

September

75.50+

75.49

December

76.501: 76.200.

-asked

-nominal' t-traded

May, 9. May 13.

7.58 729 48.50 68.70

S. E. Levy & Co.

·7, ACE HOUSE, STRŽIT

USTESTMENT BANEZES 4. BROTÉG