1935-05-17 — Page 6

BANKS

NG KONG AND SHANGHAI BANKING CORPORATION ..

1)

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

sed Capital .....

$50,000,000 Incorporated by Royal Charter, 1853 | Kand Fully Paid-up: 20,000,000

ye Funds:-

$ -5,500,000

$20,000,000

Liability of Pro-

HEAD OFFICE: HONGKONG.

BOARD OF DIRECTORS.

~~. 15. Dendroit Buy

HEAD-OFFICE: LONDON

Paid-up Capital

Reserve Fund

£3,000,000 £5,000,000

Reserve Liability, of Pro-

„prietors

-£3,000,000

Agencies and Branches:

Alor Star

Bangoon

Amelteur

Ipod

Saigon

-

C. Kragh Kmq, +

Bateria

Damag

Bombay

Lampar

Inching Madran

Sitiawan Scarabeys

Taiping

(5

Vanis

Twinin

Medan

Tongkak

Faisance Fambary

New Yor

(Bouber)

Piping

Twingo

(Pbing)

Takubsmas

Zamboang

Hon

Duper CharmIBUL.

Mr. W. E. Bell,

J. A. Plummer, Esq. Esq

Compton

MT. Johnson, Esq. Hon. Mr. J. J. Paterson,

T. E Pearce Esq.,

Takin Esq.

T. X. Gyan.. Jag

BRANCHES Jur

Chief Moonger.

KEALA LEMPUR LONDON

Calcutta

Co

Cawnpann

Shanghai

bosc Foreign" "Doshangs and Beneral Banking Correct Acouste oproed and Fixed Depozite weighted for 100 year or shorter periods = which will be quoted, sa spyőzsi

A BREARLEY.

Manager.

MAR Johor)

Hong Kong, 1st January, 1935.

THE CHINA MAIL, FRIDAY, MAY 17, 1935

Commerce and Finance

LOCAL DOLLAR STEADY

Silver Prices Improve

The local dollar changed. opening on morning at 2:53

ap- remains demand this

Spot silver advanced " to 3535. and forward advanced to 33-9/16.

The London on New York cross- rate was quoted at S—USSLSI1⁄4. as compared with US$4874.] Lon- the New York on while

at don

quoted Cross-rate £—U.S.34.89%, as compared with {#—U.S.SLS73

EXCHANGES

TO-DAY'S QUOTATION

€23

LOCAL SHARES.

TO-DAY'S QUOTATIONS The following is the list of local share quotations issued to-day:- Banks H.K. Bank $980 b, $1000/990.32 H.K. Bank (London) £244 p. Chartered Bank £14. Mercantile Bank A. & R. $3114 m. Mercantile Bank C. £131⁄21⁄2 n. Bank of East Asia $81 m

Am: O. Finance Corp., Sh.$15 m. China 0. Fin. Ord, Sh. $1.50 n. China 0. Fin. Pref. Sh. $4 m. - Insurances.

Canton Ins. $215 2. Union Ins. $350 3.

China Underwriters $1 n. China Fire Ins. $400 n. H.H. Fire Ins. 5200 m. International Assce. S$475 D Shipping

Douglases $39 n. HK Steamboats $ Indo-Chinas (Fref.). $30 .. Indo-Chinas (Def.). $33 n. Shell (Bearer) 68/9 1. Union Waterboats $1134 2.

Mining.

Antamoks 68 CIS. 2. Balatoes $34 n. Baguio Gold 23 cts. Benguet Consolidated $11 a. Benguet Exploration 20 cts i Benguet Goldfield 10 cts.

Big Wedge 8 cts.

Gold Creek 30 cts.

On London"

On T.T. and demand

2:54

4 months' sight

2/526

Credits months sight 2.62

On Shanghai

On demand.

$142

1044

Japan- 1

On demand

207

On India

On T.T. and demand... 2613%

On demand

5912

Credits 60 days" sight

On demand

ST

Ipo Mining 85 cts-

On Paris-

Itogans 30 cts.

On demand

900

Salacots 12 ets. n.

Credits 4 months' sight

950

Kailan Mining Ad. 17/3 n..

On Saigon-

Langkats (Single) Sh.$14 n.

On demand

893%

Shai Exploration Sh.34

On-Manila-

S'hai Loans Sh.$34

| 5,008,500,00

Fend Offer-Hong Kong.

On demand

119

Ranks $4 DA

On Bangkok-

Venz; Goldfield $5 a.

Authorised Capital

$1,000,000

On demand

76%

Docks, etc.

Total Rescarcom .....

2,655,000 Sovereigns bank buying rate 22170,472

Wood

Branches: Canton, Taishan, Shazybai,

Bar silver per oz.

2/634 2/6

H.K. and K Wharves ex right

$84 1

Gold River 7 cts, n.

NEW YORK STOCK -MARKET

UNION INSURANCE SOCIETY OF CANTON

Advance On News Of 2 Dividend And Bonus

Bonus Bill

TOBACCO ISSUES FIRM

Recommended

NEW ADVERTISEMENTS

PUBLIC AUCTION

HE undersigned have received

Testuction to sell by Public

The amount at the credit of the Proft and Loss Account of the Auction Union Insurance Society of Canton

In their market-report. Messi Lid, after providing for the divi- 15. E. Lery and Company, corredend and contributory bonus for the

pondents for Messrs. White Weld year 1954, and after making special fo and Company, New York, states provision for writing down pro

-The advance in stocks is attribut-

perty values, by 275,000, was ed to Dew's despatches from £664,867 185. 20. Washington to the effect that the The Directors recommend Patman Bonus Bill will be passed dividend of $2 per share, payable on over the Presidential veto.

with near-term

On

Tuesday, the st. May, 1933, commencing at 230 pm.

at their Salès Keon, No. 35, Hankow Road, Kowloon

A Quantity of t

VALUABLE HOUSEHOLD

FURNITURE

comprising:

Chesterfield Suites

Wardrobes,

Tobacco issues were firm as an May 24, and a bonus of 20 per cent to the contributors of contributory companies are sound

premium, payable on May 24. Dressing tables Dining tables. moderately favourable

The annual general meeting will Armchairs and Chairs, Chests of outlook

be held at the Society's Head Office Drawers, Desks, Cabinets. Silver at 11 am on May 24.

ware, Aluminium ware, Glass ware, Rattan ware. Porcelain ware, cut- Table lamps, Clocka. Ornaments, Pictures, Carpets, Rags. Linen, Blankets, Shanghai

The rubber market is considered to be neglected and should do bet- fer.

week totalled

Brekers' Loans during the past RAW RUBBER PRICESy.

$826,000,000, “„, un-f changed from the previous week. Latest Quotations From bath, Tea set, Radio, etc, etc.

Singapore

E. A. Pierce And Co's Report I their market report, the American Oriental Finance Cor Messrs. H. B. Joseph and Co. have paration.

for received the following Straits Cord Messrs. E A; Pierce and Company rency quotations from Singapore for of New York state:—

Raw Rubber.

correspondents

(Continued on Page 10). Latest Quotations

The following quotations have been received by Restar.

Prev. To-day's

NY/London

Cross-rate

13

2000.

NY. Cotton-July

XY. Rubber-July

4.89% 11.94 11.96 12.31

Chicago Wheat Jaly 92% Chicago Cora-July $1 Montreal - Silver-Dec. 80.50 Silver Official .................... *76%

Dow Jones Averages

$3

79.53b 7674

30 Industrials 114.61 116.58 197 p 20 Rails

42 up -.-.-31.67 $2.09 20 Utilities 19.18 19.36 18 up 40 Bonds

95.13 95.38 23 up 11 Commodity

Index

59.02 59.85' 3 up Business Done-2,420,000 shares.

ZTONS

MALACCA

XANILA

NUDES

NEW YOAK

BANGKO

SAIGON

SAS PRANCISCO

SHANGHAI

SUSGAPORE. SNRABAYA

SUSGE PATAKI

TIENTSIN

TUIJO

TSINGTAO TOKOHAMA

Dagment” Avtoutte synand in Loon! Querney

Deportes routed for see your or periodu a Local Company, and Berling which will be evoked, në sapčestica.

Long Kong, 7th May, 1935.

ONG KONG SAVINGS BANK.

Dan Pustium, of the where Bowl in vondmor- the EONG TONG AND SHANGHAI Balms and be KOM CORPORATION

potication. FOR THE BONG TONG AND CHANGHAI YEXING MORFORATION

T. M. GRAYBURN,

Chief Hassen,

Hong Kong, 25th February, 1935.

SAFETY FIRST 1

To Safeguard Your Valishina and Jewalluries."

Deposit them in a Vanh

that is really:

FIRE-PROOF

BURGLAR-PROOF

DAMP-E

-PROOF!

OUR SAFE DEPOSIT VAULT located on the Mezzanine Floor Our New building is Specialty Con- stracted to provide all of these In- partent Qualities. ~

You may obtain a Safe Deposit

On Singapore----

On demand

Box in this most up-to-date Yault for On New York......... Your Own use at a very moderate Reo- tax

Inspection Cordially Invited.

THE NATIONAL COMMERCIAL (On Batavia

& SAVINGS BANK, LTD. Carner of lee House Street and

Des Voeux Road, Central..

E BANK OF EAST ASIA, LTD. THE BANK OF CANTON, LTD.

27. al. Cad-ided Prežim

– $20,000,2007.1Ó

HEAD OFFICE-HONG KONG

El Des Vaur Book Central,

BOARD OF RECTORS Sie op

Tom Chen. Eng. 1. Lwak

*FORE. ZAG.. Cha Cling Thek,

Established 1912.

Hankow, Bangkok & San Francisco.

Tong Line So Say and The London Bankers: Lloyds Bank, Ltd, Bar Silver In Hong Kong NOEL

Lan Tong Pug Clet Maniga.

Fog. Sade Menoge.

BRANCHES AND AGENCLİK:-

dmcription of Baking and Emabango

transacted.

Income punted, es approved

Foreign Exchange and Banking Copper Cash business of every discription trans-Copper Cents

cted

Current Accounts opened and Fixed Rate of Native Interest Deposits recetrød for one year or Chinese Sub Coin

harter periods i vates which will be Hong Kong Sub Coin quoted on application.

Safe Deposit Boxes (varions - sixes) for hire

LOOK POONG SHAN,

Arounde opleve in Look C AMERICAN EXPRESS COMPANY,

Find Depontos sorted for no

er periode in cal and Forsigs Colum

Charts which will be quoted an application.

Deposit Kozen To Los

IN TONG PO.

Chief Mongue.

INC.

Head Office:----65, Broadway,

New York

NEW YORK STOCK

EXCHANGE

Reuter Quotations

Mary 17

The following quotations were re ceived by Renter

10.20 11.00 close 487 488% 4884

HK. Lands 4% Debentures 100% December

متسولا

Kelbowere

New Tark

Bumpondre

Oinka

Patio

Peizung

Triboky

Penang

Bangun

Saugon

Tokyo

- San-Frasela ve

Tocotr Jokoham

Paid-up Capital

Capital

Sarplus

Reserves

*TEK

Chief Manager

"ROI"

R.K. and B. Whares 385 COMMODITY PRICES

COOL TÉS.

HK and K. Wharves right 89 1. HK and W. Docks $91⁄2 i

Providents fold) 80-cts. £2. Providents (new)-20-ctz. Di

Hongkew Sa $267/2 De

Cotton MITES

Spot 19% 1% b.. 2014. July-September 2134 up 14 h. 2134

$

October-December 224 up 4 b

2214& January-March 234 up 1 tl 23

8.

Market: Firm.

DIVIDEND DECLARED BY SHELL

1)

The following is the text of 2 telegram received to-day by the

and

A Selection of Black Wood Ware On View from Monday the 20th. May, 1937

Terms: Cash on Delivery

LAMMERT BROS,

Auctioneers.

Hong Kong, 17th May, 1935.

MUNICIPALITY OF CANTON

Debt Redemption Out Of Revenue

Canton, To-day.

local office of the Chartered Banki from their Head Office in London: "Shell Transport and Trading Co. Ltd., declared dividend at the rate. According to a high official of of 25. 63. per share, free of income the Municipal Bureau of Finance, tax, payable July 9. Bearer Coupon the average annual revenue of the to be presented No. 62**

GUERNSEY NOW HAS DIVORCE LAW

Municipal Treasury during the last three years was $7.966.658.77, as against an average expenditure of $7,315,926.96 The surplus was devoted to repayment of public debts incurred by predecessors in The States of Guernsey, the isofice. The official pointed out that land Parliament, have decided by jcf the payments made, the greater 33 votes to 21 to accept, the prinposition was for educational par ciple of the inclusion of divorce in poses, the share for administra- the island's statutes. A petition|tion being less on account of the 1188 had been signed by 13 members strict policy of retrenchment being 11.96 that divorce be introduced

lenforced-Central Press.

The following quotations have been received by Renter.

Closing Closing May 15. May 16.

.par.

り

36 pa 27 dis.

New York Cotton-

May

July

11.90 11.94-

par

New Engineering Sh.55 m

[October

1183 11.87

Shai Docks Sh. $110'n.

December

11:89

1191

Jan. (1936)

11.94

11.96

Ewo Cottons-Sh. $8.30

March

11.97

12.02

Shanghai Cotton (old) Sh$68 a. Spot

12.35

12.95

S'hai Cottons (new) $42 n.

Zoong Sings Sh. $8

n.

New-York Rubber:-

Wing On Textiles, Sh. $55 z.

May

Lands, Hotels, etc.

July

H.K. and S. Hotels $4.05 b HK. Lands $35 Th

September

October

12.48

NF/London N.Y. Cotton

12.62

#

January

12.69

12.33 12.19 1231a 12.43 12.43 12.552

12.60 12.76 12.85

„US $5,000,000.00 2.087.112.89 1,925,528.31

July

Oct

NY. Rubber

July

BRANCHFS:-

Sept

11.32 11.94. 11.94 11.83 11.82 1180

12:$1a 12.40

12.43 1243

1254 12.55

92

Shanghai Lands Sh.$20

*

Metropolitan Lands Sh. $10 n.

Chicago Wheat:-

Humphreys $93⁄41⁄4 1.

May

91%

HK Realties $44 n

Jaly

9234

920% 94

Gamba

C. Córn July

Ansawy

Али Busine

81

82%

Asia Eealties “A”, Sh. $75 1. *

September

93%

94*

The Hague Havana Bamberg

Kaplan

W. Wheat July 81%

STOCKS:

Asia Bealties “B” Sh. $10 n. Chinese Estates 390 n.

Chicago Corn:-

$1,500,000.00

All Important Cities

Som Exchange

in China

Berlia Bomby Flevothes Roosmale

Paris Putin

Amer Smelting 44-

45

45%

May

ST

684

Tokantalones

Con Gas NY.

22/

22%

Du Pont

100

100%

บ 100%

and

General

Cairo

Cerme Cender

London Taweneal

Elec Bond & Sh 61⁄2

China Debentures Sh.$123 12

Public Utilities

July

$1

23

September

75%

Newshampion

General Motors 3rd

H.K. Tramways $13 n.

Coloen he

Lat Tel & Te}

Peak Trams (old) $81⁄2 ni

Winniper Wheat:-

Copenhage

Loew's Inc

-39%

Peak Trams (new), $6 z

May

86**

Tablis

Flor

Vienna

Star Ferries $80 n.

July

8734

87% 88%

Nat Distillers

Groets

Zurich

Yaumati Ferries $20 n.

New York Sugar:——

-€. Light $8.35 b. $8.45-5, & 32-

HK. Electries $60 sa. Macao Electrics $22 n. Sandakan Light $6.a.

May

July

Sept

Dec.

Zamyslom

Laterza Legume

Lespr Marmelina Plimbarch Make Carle

Kunink Menykewat

سبورة

C. Wheat July 92%

3244

***

LE CHINA & SOUTH SEA BANK,

LIMITED

tincorporated in China)

Head Office ...Shanghai

Capital

Branches

Enreiga

-$7,500,000.00

aking Dosifiess transacted.

Corrent and Saving Accounts opened Fixed Deposits received for one. or shorter periods at rates which

be quoted on application

SOU Z. CHANG,

Manager.

HONG KONG BRANCH:

24, Des Voeux Road, Central. Manager's Omen......Tel. 33565 Foreign Exchange Dept.

YOKOHAMA SPECIE BANK

LIMITED

Established 1880

Branches of American Express Com- many In Principal cities of United States of America and Canada.

All classes of Commercial Banking Transactions undertaken.

Personal investment handled

The Company offers to intending Travellers the use of the #ravelers [Cheques" and Letters of Credit and. Hai (fully paid-up) Yen 100,000,000 & addition, the world-wide services Yen 125,800,000 f its thoroughly equipped Travel De- ve Fund

partment. Head Office:-YOKOHAMA

Branches and: Agencies KID candria

Nagasaki

Montgomery W 26

NY. Central

39% .26% 244 24 17 217

Standard 01 NT 464xd 46% U.S. Steel

32% 33

LONDON EXCHANGES

London, Yesterday.

General Onice

Cashier's Ofice

32566

23569.

JJ

Paris-

New York

Montreal

Brussels

China Realties Sh. $7 The

Telephone. (pid) $19 sz. Telephone (new) $9 n. China Buses Sh. $113⁄41⁄2 m... Singapore Traction 10/3 z Singapore Pref. 20/6 n.

Industrials

Hong Kong Business Men

Surprised By Ovaltine Twins

two

Hong Kong business men haveja Ettle cold milk-a dash of sugar just been the honorees of a novel for those with a sweet tooth. Thus, surprise party given by the famous with swift, deft fingers and con- twins, Oval and Tine, known thetagious smiles, these young ladies world over as the Ovaltine Twins miraculously rid the business sec- tion of Hong Kong of that let-down At that eleventh and inevitablė

feeling which threatens daily to des hour in the morning when all the

between eleven troy efficiency of world is engulfed in a wave

o'clock and tiffin time. weariness, when small irritations

For those who may not be fami- become major annoyances, beautiful Chinese girls dressed inar with this magic beverage, let novel costumes appeared before the us add that there are 40 to 50 cups "tired business men" of Hong of "Ovaltine' in a large tin (costing Kong like visiting angels, present from 3 to 4 cents each), and only ing them with a sample of the the most highly nutritive ingre world's most energising food bever dients fresh eggs, fresh extract of age and pick-me-up Ovaltine malt and fresh milk, all grown and guaranteed to banish that mic produced in England are to be found in 'Ovaltine-manufactured morning.fatigue.

by a scientific process and acclaim- These lovely Chinese maidens

ed the world over to be the best No. 1 No.3 No. 1 No 3 were gowned alike in costumes of tonic food beverage for maintain- Con Con. Con. Con blue with the well-known Ovaltineing health and strength.

Equally delicious cold as bot 248 244x 2.46 2.450 characters in Chinese embroidered 2.47 245 248 2.46 on unique pockets in orange colour.Ovaltine makes luscious Ice Cream With simplicity and charm, the too. Every store in Hong Kong 2.62 2.57 2.64 258Ovaltine' Twins summoned an ofkeeps a generous supply of "Oval- Jan. (1936) 246n 2.39 2.48n 241 fice boy in each building to bring tine and the daily drinking of this them a cup, three parts filled with great food beverage is definitely

2.54 251 257 2.52

74.9/22 4.89% 48842

New York Silk:

.-28.94

May

Genera

15.132

Malabon Sugar $81⁄2 n

July

Amsterdam Milan

7.22/2

Cald: Macg (Ord), Sh.19

September

135 1.39 1.34% 138 1.34 1:37

59 5/16

Cald: Macg. (Pref.), Sh-$13.

Berlim

Prague

12.16% 1173

Canton Ices $180 #

Cements $5 by $5.80 sa Con-May

Montreal Silver:--

Madrid

35 27/32

Terted

July

E. W. DUGGAN,

Manager

Bacharest

432/2

H.K. Ropes $2 m

September

Shanghai

1/84d 2/524

Stores, etc.

December

77.156 77.80 78.15t 78.102 78.85€ 78.55t '80.50 79.55b

Daily Farms $14.2.

New York Metals:

Watson $312

357% 37 9/16- 106

¡Copper Jan

May 13. May 16.

7.58 7.69 68.70 49.00--

hot water.

to which they added becoming the popular habit in this three teaspoonfuls of “Ovaltine" and city and the world over.

S. E. Levy & Co.

7, ICE HOUSE STREET MA

* BROKERS BARTRES

LSTESİMENT

..

Nagoya

Tork

Feiping (Dainy)

(Men)Rio is JensTO

San Francisco Seattle

Singapore

THE WING ON BANK 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 barlang businesses transacted Current Accounts and Savings Accounts opened Fizad Deposits received

at rates which be quoted on 'application?

TRLES KITED

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

SPHILIPS GOCKCHIG

A Specialse Ber

Chief KauaPER

{L GOCKCHINEGU LI SHU PONG

Asst:Manager

Hong Kong Other rates unchanged. Silver spot

Forward -Warioan 32%

--British Wireless Service.}

THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in Chius)

$5,000,000.

Capital paid up Reserver Capital Savings Rowe Savings

Head Office-i

A Bank having an itu

ininezisi development: and the fostering

cialsrelations

China)

Lane, Crawfords $31⁄2 D. Mackintosh $9 L Sinceres $8.

Win Powells, 70 etá. n. Wing On (HK) $100 D

Miscellaneous.

H.K. Amusements. $185 3. Entertainments $6.40 n S.-C. Enterprises $1.25 m Macao "Greyhounds”. $2 m. Constractions (old) $1.40 12 Constructions (new) 45 cts. a. Vibro Ping $5 n.

Ch: Govt 5% 1925 G$Eds.

3200 Z

HK GOL. 4% Tom, 6%

HE GOTL 35Loan 2%

h

Wallace Harpe

Tin Jan.

Is It Insured? ?

Insurance All Chisses

LOWEST RATES, American Asiatic Underwriters Fed Inc., JASA. General Agents?

Head Office)

KERBURS

NEW YORK COTTON EXCHANGE

COMMODITY EXCHANGE, INC.

CHICAGO BOARD OF TRADE. CANADIAN COMMODITY EXCHAN

ESPONDESTA IYONG