1935-05-18 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Khorised Capital

$50,000,000 Fued and Fully Paid-up.. 20,000,000 Serve Funds:

Sterling

Ever

£6,500,000

-$10,000,000

eve Liability of Fro-

Decors

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1851.

HEAD OFFICE. LONDON

Paid-up Capital

Eeserve Food

£5,000,000) --$3,000,000

20,000,000 Reserve Liability of Pro-

-- prietors »

£3,000,000

HEAD OFFESZ:. HONGKONG."

·BOARD OF DIRECTOR28:

~. H. Dodweli. King,

Chairman

C. C. Knight, K.

Deputy Chairman."

XZ. W. HL Bell,

H. Compton

J. A. Plummer, Esq.

Ex-

(M. T. Johnson, Esq.

Fion. Mr. J. J. Paterson,

Miskin Esq T. E. Pearce Exq..

EDWLOOK

T. X. Gnyban, hog.

Chiat Manage.

ELANCE Gy zam

FUALA LUMPUR LONDON

MALACCA

PANNEA

REAR Dohms)

XUIDEN

IEW TORY

PEPPING

PENALO

>RANGOUN

SAIGOR

SAN FRANCISCO

SHANGHAI

NINGAPO

WHIRABAZA

-SUNGEI PATAKI

108

THINGTAO

TOKOHAMA

Correct Acomate opened in“Event Ontvang Find Deposit nosed der von your or “aborter perioda in Liment Company and Beerling Chương, which will be quoted as wwalingtiam..

Hong Kong, 7th May, 1935.

HONG KONG SAVINGS BANK.

The Business of the shame Back Landman-

ITHSKYES GET DNDI" UNDE-EN 19. JE

ON

„BANK'NG CORPORATION. Hala, mar de Collins ; an application...

FOR THE BONG KONG AND KHANGRAI "ZASZIM. "CORPORATION

V... GRATREEN

Hong Kong, 25th February, 1935.

Agencies and Brunches:

Znak

THE CHINA MAIL SATURDAY, MAY 18, 193S:

ommerce and Finance

SHARE MARKET

Weekly Report

COMMODITY PRICES

The following quotations have been received by Reuter-

Closing Closing Hong Kong, May 18.

May 16. May 17. Messrs. G. Harriman & Co's weekly share report and market re-New York Cotton:→→→→→ view issued at noon on Saturday May | Jnly~ states-

A rather easier tendency pre- October vailed during the week under re- December view with trading on a limited Jan. (1936) scale. Rates on the whole failed March Zachboanga to maintain their firmness, but CeSpot.. Formige Resinage auf Genera? Banking-hments (converted) attracted a fair New York Rabber:—

Miny Det mesta opona and Fixed Deponite amount of

Halpheng Beaters

Home Long

Koutube va

+

Medrea

Xew York

· (Bkakorl

wahdah, well, he quoted an appleskinn.

attention and

rose

Pa da v par de abetar period se man from $5.60 to $6.20. Hotels re- July

A BEBARLET.mained unchanged with business September

Manager done at $405. China Lights again October

Fong Kong, 1st. January, 1936.

SAFETY FIEST!

To Safeguard Your Valuables and Jewelleries. Deposit them inɛx. Vanl that is zamily:

FIRE-PROOF BURGLAR-PROOF

DAMP-PROOF ! :

NEW YORK STOCK MARKET

More Profit Taking

In Evidence

PRICES FLUCTUATE WITHIN NARROW LIMITS

PARLIAMENT A TALKING SHOP?

(Continued from Page S)

CHURCHESE

FIRST CHURCH OF CHRIST, SCHENTIST

been encumbered with an enormous mass of day-to-day detail which it [Brench of The Mother Churchs can only partially understand and The First Church of Carist, Scien cannot possibly control, and at the tist; in Boston, Mass., U-Sudn] same time has been fettered and In their market report. Messi trammelled by every kind of arbit Macdonnell Road. Below Bowen, S E Levy and Company, correrary restriction: not indeed as to pondents for Mesars White Weld the freedom of opinion for that and Company, New York, state:- bas always been preserved-but "Stocks: Profit-taking was im apan what, when, and how it should evidence to-day and prices fitctuated debate.

11.96

11.SS 12:03 12.14 *11.96

11.87 11.92 11.91 11.96 12.00

within narrow limits. We antici- pate little change until Bonus" ques-- tions have been disposed of, proba-

12.02

12.35

12.07 12.50

12.14 12.53 12.43 12:20

12.554 12.34 12.60 12.42 1276 12.57 12.85

12.66

of September

947%

927% 90% 913$ 9234

¡$77 and $19 respectively. H. Chicago Corn:-

Lands registered a further decline May

883%

July

$3

$73 81%

76

STA 99%

863%

8175

New York Sugar:—

4

jchanged hands at $8.35/40. Pro-December vidents (old) eased off with sales January

So Cents. Due to no support, in Chicago Wheat:- vestment issues ruled slightly eas-May

$ier. Star Ferries and Telephones July

(old) touched new low levels

Įwith sales reported at $33. A fair

volume of business was done in September H. K. Electrics at $60/60%, clos-Winnipeg Wheat:

OUR SAFE DEPOSIT VAULT · }ing in demand

located

Ov

at $59. H. K

May

on the Mezzanine Floor of Trams were rather neglected with July New building a Specialy Con-shares obtainable at $13. Dairy fstracted to provide all of them In Farms, after have been transacted portant Qualitie

You my

obtain a Safe Deposit $14 had sellers at this Sgure. Box in this most up-to-date Vant for Sterling counters still attracted H. K. Banks having your own use at a vky moderate Pic-jattention,

changed hands at $990/1025 and Unions at $355/65. The market

Inspection Costially Invited. THE NATIONAL COMERCIAL & SAVINGS BANK, LTD. Comer of Tes House Street and .

Des York Road, Central

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

adap Capital

barva, and Individed Proč

130.000.000,00. 5.908,500.fr.

HEAL OFFICE-ỂƠNG KONG #Das Bond Cacara.

BOARD OF DIRECTORS:

- To Char La P. 5. Trek Dog W

The Tong, Bagh Ching Shank, Bog. Li Lan

ông viên trong con dâng trà là

Im Tong Pa. Bags Chiat Maunger.

ELÄNCHES AND AGENCIEN S

Manila

Melbourn

Naginaki

New York

Piping

Sydney

Prog

Taikoku

Rengono Saigon

The

·

und - Exhange"

an approved

Established 1912.

Head Office:--Hong Kong

Authorised. Capital ...

Paid-up Capital

Total ResZTORE.

2*

$17,000,000

8,655,000 32.170,493

Branches: Canton, Tolshan, Shanghai, Erim, Bangkok a Su Panda London Bankers- Loyds Bank, Lad,

Foreign Exchange and Banking business - of every · discription texas- acted

Current Accounts opened and Fland Deposits reserved for one yoKY OF shorter periods at rates which will be quoted on application

Safe Deposit Bores (Tariona sises) for hire.

LOOK" POONG SHAN,

Chief Manager

THE

[SPOT – Govtīgtion of Banking Business trazneteč. Lonas granted

Durrat Arsonale speed is Local Cerries AMERICAN EXPRESS COMPANY,

Pised Toponías reserved for non your of abscher peciole too Loved and Foriga Carmander

**/ forms whónk vil ha quand un appčimation.

Makahepools Homes To LAR

THE CHINA & SOUTH SEA BANK,

LIMITED

again closes on the easy side.

Business during the week has been done at the following prices:

H.K. Banks $990./1025.. China Lights '$8,35/$8.40. Vibro Piling $34. China Underwriters 30.90. Waterboats $11%. Gold Rivers 5 cts. Yaumati Ferries $17.10. Dairy Farms $14. Union $355/365. Langkats $11.99. HK Lands $39. .Constructions (old) $125.

Providents (eld) 80 cts. H.K. Electrics $60/60- Telephones (old) $19/191⁄44. Cements (converted) $5.80/6.20. HK Trams $1290/13. Hotels $4.05.

Benguet Exploration 12-ets. Big Wedge 7 ets.

LONDON EXCHANGES

Montreal

May July Sept. Dec. Jan.

6

sales were good.

the

“Give And Take”

*

Road Tram Station

Sunday Service 11.15 am

Subject: MORTALS AND

IMMORTALS

The Sunday school is held out Oddly enough, in this period in Sunday Morning at 10 o'clock

ase of "Closure" or "Guil-***

12

SUICIDE ATTEMPT

Sanitary Department Clerk Drinks Lysol

TIRED OF LIVING"

bly next week. Utility leaders are many ways so depressing and an-Wednesday Evening Meeting at 6 again warning stockholders that the xious. we seen the old elasticity pm. Reading Room at above" ad- present Wheeler-Rayburn Bill is coming back and being,welcomed dress open Tuesday and Friday, 10 noon. Monday and still destructive. Business done: back into debate. The arrange-am

made between all parties Thursday, 5.30 to 7 pm ment

The $1,520,000 shares.

about the India Bill is a milestone Public is cordially invited to attend "Grains: Rains in Argentina,

in House of Commons history. If the service and visit the Reading easier cables from abroad and con- that misshapen. gigantic measure Room. tinued favourable domestic weather should be carried through without ¡conditions are inducing. Trude sell- Ling- Speculative interest is still centred upon Securities. The latter lotine," it will be an important, long step back towards the old charge- factor applies to all commodities.teristics of the House of Commons. Total sales: Wheat: 20,031,000 It will mark a return from the Con- bushels Corn: 10,032,000 bushels. timental misuse of mechanical pro-

"Cotton: Heavy buying of July cesses by both sides to that kind of | cotton and the undoing of Liverpool give and take which even in the straddles were the principal fea-most strenuous periods of party tures to-day.

warfare distinguished the gold age. "Rubber: Dealers were unable to of the House of Commons.

Lo Chung-kan, 29, a clerk in the interest manufacturers and soldi How important this is to us all General Office of the Sanitary De- futures against Actuals. Tyre and to the age we live in ought to partment was yesterday morning

be widely realised. Parliament- taken to the Government Civil Hos No. 1 No.3 No. 1 Na3

"Flash The American Railway does not presume to govern the pital, suffering from the effects of Con. Con. Con. Com -2.46n 2.45n 245n 2.45 Association estimates carloadings country. His Majesty's Ministers lysol poisoning, apparently self- -248 246 247 246 for the past week at 575,000 cars, govern the country. The function administered.

Another clerk, Mr. Tam, enter- 2.57 252 255 252 decline of 28,000 cars from the of Parliament is to supervise, criti- 264 258 263 258 corresponding period of last year" cise, correct, sustain, or change the ing the office at 8 am saw Lo lead the topple from his desk to the floor Government, and (1936) 2481 241 246 240

EL A. Pierce And Co's Report I their market report, the thoughts of the nation upon thej and summoned Inspector Fogwill, New York Silk-

American Oriental Finance Corpolitics of the day. That duty is also of the Department. Lo was May

|vomiting and appeared to be for still being discharged. poration. correspondents

he had been. There is no greater guarantee of great pain. After Messrs. E. A. Pierce and Company 1.36

the bottle of Lysol of New York state:—

our liberties than the House of taken away, T7.50

77.90

"Stocks: The robust opening! Commons Go at Question Time was found together with a letter 78.10t 78.20+ caused realising and

the market and listen to all the highest Miris- saying that he was sick of living.

Lo Cheung-kan is married *78.55+

78801

quietened "down on developments inters of State being questioned and 79.55b 79.70b connexion with Bonus Legislation cross-questioned on every conceivable has been in the Government service

that inflation subject, and entering into the whole for seven years. Dispatches indicate

process with respect and with goodị talk is becoming worldwide.

will. Where else in the world can that liberates and dignifies our "Rubber: The market was weak you see the representatives of de-lisland... after a good opening Dealers were mocracy able to address the leading Ah! But guard these treasured forced to hedge against Actuals, personages of a powerful Govern privileges which are the envy of whilst factorities withdrew theirment with this, freedom?

Įmen of thought and culture in every bids. Commission houses were the How the foreigners gape at this quarter of the globe. Do not principal buyers on the scale-down performance when they visit the through folly or slothfulness let The London market closed steady Gallery! What a sign it is that here the citadel, not only of British bat but quiet

the people own the Government, and of human rights and justice, be de- "Sugar The market presented an not the Government the people. In livered defenceless to barbarian uneventful course. throughout to-the vitality of the House of Com-violence. day's session. Philippine sugarlmons, in its scenes, in its sensa- shipment offerings were held at 3.50 tions, in its turbulences, în its gen- It is, notified in the Government cents. The tone of the market was erosity, and above all, in its native Gazette that the name of the Yee steady.

Įtolerance and decency, it is the au-On Tong Co., Ltd, has been struck "Cotton: Domestic Trade-price-gust symbol and instrument of all'off the Register. fixing was on a more liberal scale.

1.39

1.38

July

1.38

1.37

September Montreal Silver:- May

1.37

July...

September December

-nominal t-traded

a-asked b-bid

NEW YORK STOCK

EXCHANGE ·

Reuter Quotations

May 17 The following quotations were zo- ceived by Eeuter:-

close 10.20 11.00 May 13. 489 490 490

· 12.55% 12.60 124 12.30

C. Wheat. July 94

45

$32.The market is holding well and we —— 82 believe that the trend is still up- 8814

wards.

N.T./London NY. Cotton

July

London, Yesterday.

Oth

- 11.96 11.99 11.98 DLST 11.89 1188

N.Y. Rubber

Paris

INC.

New York

74 47/54 4.92

Sept.

July

72.56 12.45

4914

LEX TONG TO.

[Chief: Wrongat..

Head Office: $5. Broadway, New York

Capital Surplus Beserver

„US$8,000,000.00

Brussels Geneva Amsterdam

29.1

15.23

C. Con July 8 W. Whest July 28%%

STOCKS:—~

7.27%

2,087,112.89 1,995,528.21

Milan Berli

59 11/16

12.23

Amer Smelting 45% Con Gas NY 22%%% Du Pont

23

44.

23

100% 100%

100%

Elec Band & Sh 7%

72

7th

Prague

118

BRANCHES

General Motors 33%

334

33

Madrid

36 1/16

Glancer The Hagan

500

Athens

515 gelers

Int. Tel & Tel 7% Loey's Inc

8%

8%

40%

40%

40%

Belgrade

217

Montgomery W. 274

Nat Distillers

25

2544

Sambung

Montevideo

Berlin Bombay

Shanghai

1/8 7/16

NY. Central 17 Standard O NJ 47 U.S. Steel 24%

17

Caire

Leader

35

Commen Colombe Copenhagen Publis Lécherch

Cras

Lovere

(Inccporated in China)

Head Office ...Shanghai

Capital

Reserve

Branches

$7,500,000.00"

$1,500,000.00

All Important Cities in China

General

Foreign Exchange

Banking Business beansacted.

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

wa be quoted on application

SOU Z. CHANG,

Manager.

HONG KONG BRANCH: 24, Des Voeux Road, Central. Manager's Office ....Tel 33565 Foreign Exchange Dept. 23666

· General -Office

22567 Cashier's Office

$3569

-

THE YOKOHAMA SPECIE BANK

Xacts - Maziah.

Zarick

Branches of American Expram Cote pay in Principal cities of United States of America and Canada. Pada

All classes of Commercial Banking Fransactions undertaken...

LIMITED.

Personal investment į bandled

Established 1888 |

The Company offers to infanding Aizvelers the use of its "#forvalter

Other rates unchanged

Silver spot

Forward

Warloan 350

3934

#7

17 47 34% 34%

CIN

"Grains: There was no carryover of buying interest and the technical position regarding "Wheat is poor. Scattered selling met with an in- different demand. Weather and

news remains crop

favourable. Corn prices, closed lower poor support.

"Flash: The Standard O1 Copa- earned pany of New Jersey bas $1.76 per share for the past year. The Annalist Index of Business Activity for the week is given as 83.0, compared with 325 the pre- vious week. Automobile output in the United States for the week totalled 87,395 units, compared with The following report was issued 110,865 units the previous week by the Hong Kong Sharebrokers' Money in circulation shows a de- Association yesterday afternoon."

35 3/16 H.K. SHAREBROKERS

ASSOCIATION

106 15/16 -British Wireless Service.

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE:

38, Gracechurch-Street, London, P.CA.

Authorised Capital

Subscribed Capital

Paid-up Capital

23,000,000

1,800,000

1,050,000

Beserve Fund & Rest... 1,247,432 BANKERS:

The Bank of Epelant à Midland Bank, ZaL

KRYSCHLES: Bangkok Ipok

New York

- Pesape

Portance

Mauritiust Bacoo Kosis Lamp

Shanghai Kamatan Pabang) Stola - Membran

Singaporn

Bombay

Calenta

Ranch

Colortho

- Kate"Bhara

Kami Lápis

Bong Long Elowsk

Capital (fully paid-up) Yen 100,000,000 Cheques and Letters of Credit DIN Reserve, Fund

Yen.125,800,000)

Head Office--TOKOHAMA

Branchen and Agencies sti

Alexandria

Nagasaki Nagoya New York

Rataria

SBambay Canton

Petpt Bangoon Dairen (Dalny)

engtien (Maiden) Rio de Janeiro

San Francisco

Sextilg

In addition, the world-wide services. If its thoroughly, equipped "Trayal. De- partment.

E. W. DUGGAN,

Managem

THE WING ON BANK

--LIMITED

Head Office: Hongkong. 26. Des Voeux Road Centráln Authorized Capital $10,000,000 LONDON BANKERS- Westminster Bend, Ltd. Foreign Exchange and every desmip. tion-of-banking businesses frams

Current Accounts.

Accounts "opened: 2 FYTad.” Dep received at rates serbricho will be

Special rates give

on application.

Special deposits

Trusteeship and

renters

Safe Deposit Boxes for

Grey-description of Backing tot Zilolange hard-

Trustee and Executorships under (taken

SKLZERZET 'allowed on. Cursand Sonnense, and

RCCED".

-Queen's Bond Combit, & Hong Kong, 1st April, 1935.

Stock Report

Banks $980. b.

Nat Com. Bank $41⁄2 b Douglases $3871⁄2 b. “ Antamoks 67 cts, bi Beng Consolidated $10 b. Beng Explorations 12 ets. b. Big Wedge 7 ets. b. Salacots 11 cts. b. Lands $33 32.

Yaumati Ferries $17 h.

- Lights $8.35 b.. $8.35 sai.

Electrics $60 SE

Entertainments $5 b. Cements $6 b, $6.20 sa Constructions Old $130 Constructions News 30 cts. b. Gold $ Bonds 92% b Govt. Loan 32% 2% b

THE SHANGHAI COMERCIAL is it insured?

** SAVINGS BANK LIMITED

Encorporated: da (China). Capital gaid

Capital Savings. Dept. 3500,000. Resore) Sayings

$600,000.

ndustrial (deralogo Land the fostering ¿cial relations

Insermen ---- AD "Classes": LOWEST RATES- Amencam Asiatic, Underwriters Fel, Inc., USA.

General Agents::

crease of $2,000,000,--The Ameri- can Railway Association estimates carloadings at 575,000 cars, a ̈ ́ de- cline of 28,000 cars as compared with the corresponding period of last year..

Latest Onotations

The following quotations "have *been received by Reuter

NY/London

cross-rate

S.Y. Rabber July NY Cotton-July

Prev. To-day's clora

Montreal Silver-Dec. 79.556/79.70

4.89% - 4914. 12.43 12.22 11.96 ··-12.14

Chicago Wheat JulyTM 94

91%

Chicago Corn July 83 81 Stiver Official

WHEN DÓw Jones Averages

116.58 115.81 :-77 -322.09 31.60 49,

30. Industrials -20 Rails

20 Utilities. 40 Bonds

19.36 19.64

95.28 95.25

11 Commodity

Index

59.85 5915

Business

AJAA

Li Ping Wai, driver of private Mice Jear No. 3767 was yesterday fined 25 by Mr. Schofield, at the Can- tral Magistracy, for diving with- out due care or caution near the Star Ferry

to

"

To-day at all Shows

at the MAJESTIC THEATRE

4

SENSATIONAL AUSTRALIAN

COMEDY ACROBATS

IN A HAIR-RAISING PERFORMANCE

THE FAMOUS WALLABY TROUPE

S. E. Levy & Co.

7, KE HOUSE, STEZET

INVESTMEST BANKERS L BROKENS

NEW YORK - COTTON EZCHANGE

COMMODITY EXCHANGE, INC. NAT.

CHICAGO, BOARD OF TRADE

CANADIAN COMOMMODITY” “EXCH

I

and