1935-05-21 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital

alssped and Faily Paid-up. Reserve Funds:

© Sterling

£ 6,500,000 Silver $10,000,000 Reserve Liability of Pro-

prietors

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

$50,000,000 Incorporated by Royal Charter, 1833.

20,000,000

20,000,000 Beserve Lisbility-ed -- Pro-

́HEAD OFTICE: FONGKONG. BOARD OF DIRECTORS:

*# Dodwell Eng.

Csizma,

C.C. Knight, E«q. → Denary Chairman.

Ho M. W. H. Bell

SA. H. Compton Esq.

G. Miskin Esq.

*MOT

MÄNGIDX

BATAVIA

CALCUTTA MAXWOX

COLOMBO DAIKEN POOCHOW HAIPHONG AFAVRƏRƏ HARTOW HONGEW

H4120

Dub

JORDEN

KOWLOON

J. A. Plaminer, Esq.

3. T. Johnson, Esq.

TE. Pearce Esq...

*. X. Gryback, Jag.

Chial Manage

BLANCOS Jam

KUALA LUMPER LONDON

LYOX8

MALACCA

• MCAH (Johann).

MUIDEN

NEW TOBI

PEIPING

- PENAKO

SAIGON

SAN FRANCISCO

SHANGHAI

INGAPOR

SOCRABATA

SINGET PALET

TIENTSDE

TOKYO

TRINGTAO YOKOHAMA

Ce counte cossed is Lem! Omrony and Fland Depole rosted for one your cr alerter periode in Latent Company and Beeting -wma which will be quoted to auglimsic

Hong Kong, 7th May, 1935.

حمر

-]

HEAD OFFICE: LONDON

Paid-up Capita?

Reserve Fend

prietors

£3,000,000 £3,000,000

.ES,800,000.

Agencies and Branches:

♫¶ Alco Drur

Bangece

Amellene

Bangla

Butoizsball

Bomby

Fabe

Calcutta Combats

Eingupnem

Burahaja

Taping

Comm.be

Vanil

This

Tongka

Baiganag

(Bruker

Babes

Paiping

*T gingham-

ROADE

Zamboangs

CHINA MAILA TUESDAY, MAY 21, 1935 .

Commerce and Finance.

LOCAL DOLLAR DECLINES

Silver Prices Fall

The local dollar has declined a arthing, opening on demand this morning at 2/5.

Spot silver fell to 34 13/16 at 35 and forward to $5.

The London on New York cross rate was quoted at £—US$1.921⁄2- as compared with 5-US$4.92

O Loa while the New York

Kardin Hong Long

Kuigage Bankengo, and General Banking boats don cross-rate **** quoted at Corrent Ammmate, opened" and "Tized Deposit| S—US $491.

as compared with chael welder, wow, your at aborter puriude ut, ratne which will be quoted, or application,

£_US$49136- A BREARLEYS

+

Manager

Hong Kong, 1st January, 1955

THE BANK OF CANTON, LID. -

- Established 1912.

Head Offer:-Bong Kong..

Authorised Capital

Paid-op Capil

Total Bescarces

Branches: Canton, Toishan, Shanghai,

EXCHANGES

TO-DAY'S QUOTATION

On London.

Hankow, Bangkok & San Francisco. On Singapore“. London Bankers: Lloyds Bank, Ltd.,

Foreign Exchange and

On demand

Banking On Japan-

business of every discription trans- On demand

acted.

Current Accounts opened and Fired On India ĮDeposits recatred for

ONE TOET OF

HONG KONG SAVINGS BANK shorter periods at rates which will be On New York-

Don Boskoene of the shore Bank le vendues-

by HONG KONG AND SHANGHAI BAKKING CORPORATION.

mházínmi a napřšestion.

FOR THE BONG XOXO AND SHANGHAI MAXXING-CORPORASTOR

V. M. GRATECRM,

Hong Kong, 25th February, 1935.

THE BANK OF EAST ASIA, LID.

Sutherland Capital,

Palk-up Capita

-8 3,500,000.DC

Boomers sal Undivided. Probe 2,696, 970.50-

HILD_OFFICE:-HONG LONG

2- De Faux Bord Castal.

BOARD OF DIRECTORS—

Bir Shronow, Contras

La Lou C Enqu P. L. Kosk._ Ing. Wong

*

Tong, Bag Chao Ching Smak, Zaşa Li Fun

hang, Z, Wang Cass doc. Ing. and

In Tong Fo. Em Cided Kranger.

To The Food Fa YAKE.

LOOF POONG SHAN,

SAFETY FIRST 1 To Safeguard Your Valuable

and Jewelleries.

Deposit them, in a Vank

that is really: - FIRE - PROOF BURGLAR-PROOF DAMP-PROOF!

OUR SAFE DEPOSIT VAULT

focated

on the Mexranine Floor of Our New building a Specialty Con- Copper Cash structed to provide all of these Im Copper Cents portant Qualities.

Bate of Native Interest

“CHÒIK”

LOCAL SHARES.

TO-DAY'S QUOTATIONS

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

Banks,

HK Bank $1000. b. and sa. HK Bank (London) £12434 11. Chartered Bank $1478 n. Mercantile Bank A. & E. $31M 1. Mercantile Bank C. £133⁄41⁄2 A. Bank of East Asia $81

Am: 0. Finance Corp, Sh.115 n. China O. Fin. Ord. Sh. $1.50 n- China O: Fin. Pref. SE $4 1.

« Insurances. Canton Ins. $215 1. Union Ins. $350 a China Underwriters $1 m China Fire Ins. ̈$400 n.- . H. Fire Lus.. $200 m International Assce. Sh$415

Shipping.

Douglases $39 *1.

HK Steamboats 34 n. Indo-Chinas (Pre), $30 11 Indo-Chinas (Def). $33 7. Shell (Bearer) 68/9 m. Union Waterboats $11% his

Mining

Antamos 68 cts.

Salacots 12 cts. The

Langkats (Single). Sh$14 n.

NEW YORK STOCK

MARKET Profit-Taking Still Continues

COMMODITY PRICES

The following quotations have been received by Reater!

Closing Closing May 20. May. 21

11.99 11.98 12.05 12.03 ILS

New York Cotton:-- May

BONUS BILL DECISION NOT

YET REACHED. “.

July

October December

In their market report Messrs. Jan. (1936) SE Lery and Company, sotras March pendents for Messrs. While Weld Spot Land Company, New York, state: New York Rubber:

"Stocks: The market to day was May again subjected to profit-taking July and little change in market condi- September tions is anticipated until the ulti-October mate decision regarding the Pat-December man Bonus Bill has been reached. January Business done: 970,000 shares a

|March "Grains: Favourable weather Chicago Wheat; conditions are inducing Trade sell-May-

11.02 11.90 11SS

11.95 1193 11.98

11.96

12.15.12.40

12.10

12.14a

12.18

12.233

12:30

12.35

1236

12.41

12.51 12.55

12:28

12.64

12743

12.79

9014

$91

jing.

Total sales?

19,261,000 July

90%

90

bushels; Corn: 5,479,000 bushels. September.

Cotton: Excessive rains and December foods in the Western Belt have re- Chicago Corn:-

eved the drought, situation, but May.

92

9034

92%

excessive moisture in the Central July

Belt is an unfavourable factor.

September

"Rubber Record... consumption December figures and proof of the effective-Winnipeg Wheat:- ness of restriction promises grad-May

ually higher prices.

The possibi-July

-7674

$419

-$55

852

$7

ST

No. 1 No.3 No. 1 No.3]

GOVERNMENT NOTICES.

NOTICE

R

KOWLOON WATER SUPPLY

r

FT IS HEREBY NOTIFIED that commencing on WEDNESDAY 22nd May, and until further no- tice, the hours of supply in all dis- tricts will be

6-9 am

and 4-30-7.30,PIL

R. M. HENDERSON_ Water Authority. Public Works Department. Hong Kong, 20th May, 3935..

PUBLIC AUCTION

THE undersigned have received

Anction

Saturday, the 25th. May, 1935, commencing at 10 am

at No. 228D, Nathan Road, (Katharine Building) Kowloon A Quantity of VALDABLE HOUSEHOLD

FURNITURE:

On view from Friday, the 24th.

Con. Con. Com. Con. May, 1995-

lity of the devaluation of the Dutch New York Sugar?— guilder is believed to be partly dis-) counted, but this fear is checking buyers' confidence in the market. May Total sales: 149′ lots.

"Sugar:

The supply position regarding old-September

2.50 -2.45b 2.420 2.43a

248 247 247 245

78.10

78.70+ -77.30-

$0.00 78.40%

improving new-crop wheat prosa asked, b-bid, t-traded, n-am

pects, suggests the purchase of New York Metals:- September corn against the sale of September wheat”

Copper Jan.

Tim Jaznary:

the

E. A Pierce And Co's Report In their market report. HK and K Wharves $85 American Oriental Finance Cox- poration. correspondents. for. H.K. and K. Wharves ex right Messrs. E A. Pierce and Company

$84.2.

of New York state-

Cam. rts.

5+

ST. JOHN BRIGADE

Donations Gratefully Acknowledged.

Terms: Cash on Delivery

LAMMERT EROS.

Auctioneers.

Hong Kong, May 21, 1935.

Everything

BUT YOUR

On T.T. and demard

months' sight

2/3 37/57%

BIL,000,000

Credits 4 months' sight.. 2/64.

2,655,000 On Shanghai- 32,170,492

On demand

1-42

10332.

July

Balatoes $34 IL

2054-

Baguio Gold 21-ets.. I.

Quota supplies are Sept. rapidly decreasing and statisticalDec.

255 253 255 251 2.64 2.59 262-2.57

On. T.T. and demand

160.

{quoted on application.

On demand

5934.

Safe Deposit Boxes (variomu. Kisax) ifer hire.

|

Crédits 60 days' sight

Benguet Consolidated $il n. Benguet Exploration 10 cts.n. Benguet Goldfeld 10 ets. 1. Big Wedge 8 cts. I- Gold Creek 30 ets. *

developments favour a further ad-Jan. (1936) 2471⁄2 241 246n 2.39 vance. Total sales: No. 1 contract: New York Silk:- 1.000 tons; No. 2 contract: 5,000 May tons

138

July

137

137 13672

"Flash: Mill activity is estimated September ~

1.36

· 1.36 ·

Hales, may be

On Batavian

Gold River 7'ets, D.

at 428 per cent, as against 43.4 per Montreal Silver:-

-]

gone

Chief Manager

On demand

STEM.

Ipo Mining 85 cts. n.

cent. the previous week,

May

77.003

76.50

On Paris--

Itogans 30 cts. n.

"The New York office cables: July

72.00 SAVINGS

On demand

9022-

Credits 4 months' sight

952

Kailan Mining Ad 18/-n.

crop corn, as compared with the December

On Saigon-·-

RENT

On demand

90

On Manilla-

On demand

118.

S'hai Exploration Sh-$41⁄2 m Shai Loans St.35% m Raubs $4 s2.

May 16 May 20

On Bangkok

Venz: Goldfield $5 1.

7.64 49.00

7.54 49.50

FOOD

On demand

7634%.

Docks, etc.

CLOTHING

Sovereigns Bark. buying rate 2/5

34 13/16. Bar silver per oz Bar Silver In Hong Kong Nom

HEAT

-pari .3% pa 27% dis .par.

TAXES

WATER

LONDON EXCHANGES

ITS

London, Yesterday:

Paris

74 51/64

New York

4.923

Montreal Brussels, Geneva

4.92%

29.13

15.24

7.28

INC.

Milan

Head Office-65, Broadway, New York

Prague Madrid

Shanghai

Capital Surplus

_U.S.$8,000,000.00

2,087,112.59

Eeserves

1,995,528.XX

BRANCHES:—

Antvors

Clanger

Head Office .....Shanghai

Capital

Reserve

The Kagas Hamborg Havre

Branches

Intrakan

Foreign Exchange

and - General

Banking Business wansacted.

Beposla Cafre Calories Carme

Copenhagen JACKET

London

Lowe Logue :.

Xoms Caris

Pakping

Rotterdam

Shanghai

Ponos

Gerv

Kenich

Youtrea

Bombay

· BRANCHES AND LOKSEIDI pain

Manila

Maibourne

Sagroali New Tark

Paria

Priping Petang

Rangoon

Saigon

Sam

·

Sydney

Inte Brition af Banking and Zzabongo Losse granted as approved

barise angled...

Current Occhia opovi la Lon) Guern

You may obtain a Bade Deposit Box in this most up-to-date Vazhe Chinese Sub. Coin your own use at a very moderate Ran- Hong Kong Sab Coin

Inspection Cordally Invited. THE NATIONAL COMMERCIAL

& SAVINGS BANK, LTD., Carner of Ice Home -Strest and

Das

1 Vosur Road, Central

*NERS

we Fixed Depoce moved or AMERICAN EXPRESS COMPANY, Amsterdam

shes perioda in Local and Twalgs. Cuerogaine

m_ terma wilok wellä in quoted - an "uppēlesaian.

Bain Deposit Bone To Zon

TONG PO.

Clisi Maangat.

THE CHINA & SOUTH SEA BANK.

·LIMITED

(Incorporated in China)

ST 500,000.00

$1,500,000.00

All Important Cities bey

in China

Berlin

Current and Saving Accounts opened Colanthe and Fixed Deposits received for one year or shorter periods at razen which

will be quoted on application.

SOU Z. CHANG,

Manager.

HONG KONG BRANCH:

24, Des Voeux Road, Central.

Manager's Office “....

Foreign Exchange Dept.

General Office

Cashier's Office

59% (7) 118 5/T6

Other rates unchanged

Silver Spot

36. 1/8

34 13/16

Warloan 32.5% ** 1062% Silver Forward

(NB-Some of the exchanges missed owing to bad atmospheric conditions)-British Wireless Ser-

vice.

NEW YORK STOCK EXCHANGE

Reuter Quotations

May 21

The following quotations wEIR IS- Branches of American Byress Com-ceived by Renter pany la Principal cities, of United:

10.20 1100 33666 · States of América and Canada.

4.9254 14.3234

Tel 13565

• 33547

83569

THE YOKOHAMA SPECIE BANK LIMITED.

Established 1880

Capital (fully paid-up) Yen 100.000.000 Reserve Feed

Yen 125,800,000

Head OfficecoTOKOHAMA

Branches and Agencies at: Alacrandria

Nagasal Naroya New York Ossica Paris

Bateria

Berlin

Bombay Calcutta Canton

Dairen

Rio Lo Tenstro

Sin Francisco

Rankow

Personal investment accounts handled.

we

close 491

11.98 12.05 1201 11.84 1181 11.81

G. Wheat July 20

$2 Company offers to intending C. Corn July Travellers the use of a "Izvelits W. Wheat Joly S7 Cheques" and Letters of Credit and. STOCKS:

addition, the world-wide services Amer Smelting 45% its thoroughly equipped Travel De

457%

| NY/London

All classes of Commercial Banking Fransactions undertaken.

N.T. Cotton

July Oct N.Y. Rubber

July

Sept.

12.18 12.30

12.18 12.23- 12.31 12.35

90%

87

-E. W. DUGGAN,

Con Gas N.3. 007 224 Du Pont +39" Elec Bond & Sa. 734 General Motors 21% 31% 321/

804 8% Manager Int. Tel & Tel

Loew's Inc 39%

39% 29% | Montgomery. W. 26% 26% 26% Nat Distillers 25% -25% 26% NY. Central 184 16% 16% 46% 46%

3472

THE WING ON BANK Standard Oil NJ 46

LIMITED

Head Office: Hongkong. 26, Des Voeux Road Central: Authorized Capital 210.000.000

LONDON BANKERS:

3. Westminster Band, Ltd.

· Foreign Exchange and every descrip- tion of banking businesses transacted.

Current Accounts

Accounts opened.

Savings -"Fazed. Deposits

received at rates which will be quoted on application. Special rates given pr Special deposts,

Trusteeship and Executorship under taken. Safe Deposit. Betes for hing.

PHILIP GOCKCHIN

LGOCKCHIN

U.S. Steel

**343

33%

THE SHANGHAI COLHERC ́& SAVINGS BANK LL177)

Uncorporated in China)

Capital paid up

Reserves. Capital" Sarings Reserve Baving

Band Offico

A Bank hiring an Babtain (developme

and the Lostering

&Howg

LI SHU FONGOZE 34

ELK and K Wharves right $834 Stocks: A specialty market pre- vailed to-day.. Trading was quiet, with the general list evidently.

The Director of the St. John Am- adopting a waiting attitude, with balance Association has the honour| concentration on Washington deve to acknowledge with gratefni ap- lopments.

EK and W. Docks $94 D. Providents (old) 20 cts... Providents (new) 20 ctx. n. Hongkew Sh. $26756 n. New Engineering Sh.$5 n. Shai Docks Sh. $110 n.

Cotton Mills.

Ewo Cottone Sh. $8.30 zi Shanghai Cotton (old) Sh.$88′′m. S'hai Cottons (new) $42 n. Zoong Sings Sh. $871⁄2 D... Wing On Textiles. Sh. $55 m.

Lands, Hotels, etc.

H.K. and S. Hotels $4 b. and sa. HK Lands $33 7.

HK. Lands 4% Debentures 100%

D

•

Shanghai Lands Sh.$207 n Metropolitan Lands Sh. $10 *

Humphreys $9

HK Realties $43% n.° Asia Realties *A”, Sh. $75 m Asia Realties. "E" Sh. $10.2. Chinese Estates $90. n.. China Reales Sh. $7 1. China Debentures Sh.$123 n.

Public Utilities

H.K. Tramways $12.40/123⁄41⁄2 p. Peak Trams (old) $81⁄2 a. Peak Trams (new), $6 n.. Star Ferries $80 n.°

Yaumati Ferries $20 z.

C. Light $8.40 ́s, $84 sa, and b HK Electrics $60 ́. Macao Electrics $2321⁄2 n.. Sandakan Light $6 1. Telephone. (old) $19 n Telephone (new) $9 n.:~ -China Bases Sh. 211% D

Singapore Traction 10/3 n. Singapore Pref. 20/- b. Industrials - Malabon- Sugar $81⁄2 1. Cald: Marg. (Ord), Sh.$191⁄21⁄2 a. Cald: Macg. (Pref.), Sh.$18 n.. Canton Ices $1.80 1. Cements $6.20 n. Converted. FK Ropes $2 1

Stores, etc. Daily Farms $14 n. Watson $331⁄2

Lane, Crawforäs 351⁄2 2. Mackintosh $9 1. Sinceres $8 1. Wm. Powell. 70 cta. 2. Wing On (HAK) 2100 z

Miscelaneous..

HK. Amusements $1.85 1. Extertainments $640 n.. S. C. Enterprises $1.35 n. Macao “Greyhounds” $2 n. Constructions (old) $1.40 n Constructions (new) 45 cts, ne Vibro Filing 2

Ch. Govt 5% 1925 GEBāz

HK Govt 4% Loan, 52% prest

ELK GOT 3% Loan

(Continued on Page 10) Latest Quotationa

preciation and thanks, the receipt of the following donation and gifts: Mr. J. E. Joseph (New Territory The following quotations hav Clinics) $500.00. [been received by Renter

The Hon. Mr. E. Taylor (Flag Prev. To-day's Day) $50.00

NY/London

cross-rate

|NY. Cotton-July |N.F. Robber-July

sics

سمته

Mr. Lam Wing Chan (Thank 491% 91% offering. Kam Tin) $5.00.

12.05 12.03 12.18 12.23

90

82%

78.40 76

| Chicago, Wheat- July 90%.

824 Chicago Com July Montreal Silver-Dec. 80.00 Silver Oficial summ

Dow Jones Averages” 30 Industriais 114.58 114.67.. 09 up 20 Bais

31.38 31.32 .06. off 19.4419.44 unchanged 95.19 35.11 .0% of

20 Utilities 40 Bonds.... 11 Commodity

Index ....

59.05 58.86-19 off Business Done: 970,000 shares.

SILK PRODUCTION IN KWANGTUNG

Awards To Be Made

To Growers

Canton, To-daj.

In pursuance of its plan the Se- riculture Bureau has formulated set of regulations for the encour agement of farmers who adopt

Mr. and Mrs. Chiu Stan Chuen to the Haw Bar Hospital, Cheung Chan, one dozen stools.

Mr. and Mrs Fang Kong Un -3 bales cloth (For Hospital clothing). Mr. T. C. Tam (Flag Day) $19.00 Mr. S. FL Lo (Flag Day) $13.00 Mr. Lo Yak Ln (Flag Day). $10.00

Mr. S. K. Cheung (Flag: Day) $9.00

Mr. Y. T. Lerng (Flag Day) $9.00 Mr. X K-Tam (Flag Day) $7.00 Mr. Tang Tsok San (Flag Day) $5.00.

Mr. Lo Chan Chiu #Flag Day) $5.00.

Mr. Kong (Flag Day) $5.00 Mr. T..S. Tang (Flag Day) $5.00)

·Mrs. S. M. Chan (Flag Day) $5.00

"NEW EINSTEIN. THEORY ---

SAVINGS

-SAVE SOMETHING

START NOW UNDERWRITERS SAVINGS BANK

FOR THE FAR EAST,

INC.

Asia Lite Balding. Bom To Tel_20234

Is It Insured?

Insurancs-All Claises LOWEST RATES American Asinfe Underwriters

· Fed. Ine, USA":

General "Agentá

Einstein was “merely a case of mass suggestion put over by the Jewish Press," according to Profes Head Office sor Tirala, chief of the new De-17, The Band

new methods of sericulture-

partment of Racial Hygiène nat Silkworm egg producers who apManich University, in a lecture ply scientific methods in ventila-there.. tion and disinfection and have pro- duced better silkworms will be re- warded and given assistance in de Feloping their enterprises, farm ers who rear silkworms according to the new methods: introduced by the Bureau will be rewarded, and la cocoon contest will be held every

Autumn-Central Press, ***

{RAW RUBBER PRICES

Latest Quotations From

Singapore

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

Spot 1934 up % b. 20/ July-September 20%-

2% unchanged

S. E.

Shanghai

Levy & Co.

7, ICE HOUSE STĚZET

INVESTMENTSELYKERS & BROKERS

MEXBEES

NEW YORK COTTON EXCHANGE

| COMMODITY EXCHANGE, INC., KUZ/

CHICAGO-BOARD' OF-TRADE

CANADIAN COMMODITY - XECHAJ

www.HE. Office Asia Life | Building

Tel. 38224