1935-05-22 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

a-jetors

Reserve Liability of P

HEAD OFFICE: "BONGKONG_». - BOARD OF DIRECTORS..

~# Dodwell, Erqu

Chairmak,

C. C. Knight, Eng.

Decru❤ ChairTIT.

J. A. Plummer, Esq.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1853. HEAD OFFICE: LONDON

Authorised Capital

Issued and Fally Paid-up.

$50,000,000 20,000,000

Reserve Funds

Sterling

£6,500,000.

Silver

$10,000,000

Paid-up Capital

£3,000,000

Reserve Fond

£9,000,000

20,000,00

Reserve

Liability of Pro-

prietors

£3,000,000

Agencies and Branches:

Baño

I

Bagnos Saigon

Karmell

Hon Mr. W. H ̈Bell,

Bombay Ontouko Contem

Kobe

Lampar

Xumbing

A... Compton Est-__

Cabo

Vadres

Sourabaya. Taipine

Johnson, Esq. M 1. Hon. M. J. J. Paterson,

Colombe

,

G. Miskin Esq«

1. E. Pearce Esq.,

New York Parting

B)

T. M. Graybarn, Jong-

Chief Manage

Kanker Furbin Hong Long

+

(Pong)

Migh

Toboho Zamboang

BRANCHES :—

KUALA DUMPUR LONDON

FOOCHOW RAIPHONG

SAMATING

LYOXS

MALACCA

MANILA

NCAR Jobore)

YÜKDEN

NEW YORK

PEJTING PENANG BANGCOM

MAGON

SANFRANCIS500

SHANGHAI

SINGAPORE

NXTRASIZ

RUNGEI PAZANI

TIENTSEX

TSINGTAO

SANDOW

Както

ZTWORK.

INDE

FOWLOON

TUETO

TOKOHAMA

܀

or

Aumeitene

SENDAMLINE Surebam Rhangbai Finespor

Zories Zuchungs and Qvaaral Banking" but Captract docente oposed and Fixed Depot

rested for one year we abochon naciaka as Taboo which will be quoted, an uppnation.

A. BREARLEY.

Manager Hong Kong, 1st January, 1935.

41

THE BANK OF CANTON, LTD. Established 1912-

Head Office:--Hong Kong.

Authorised Capital

Paid-up Capital

$11,000,000

THE CHINA MAIL, WEDNESDAY, MAY 22, 1935

Commerce and Finance..

LOCAL DOLLAR

DECLINES

Silver Prices Fall

The local dollar has declined a further opening on demand this morning at 2/44.

Spot silver fell 1/6 to 3334 and forward to 33, 15/16.

The London on New York cross- rate was quoted at £US4.90%. as compared with £-US$1924 while the New York an

quoted don cross-rate. was

US$190, as compared with U.S.S4.91.

EXCHANGES

TO-DAY'S QUOTATION

Test Account opened in Lon! Charney

obresar periods in Local Company SMĚ

•*. faezza whics will be quoted as saplastico.

Hong Kong, 7th May, 1935

HONG KONG SAVINGS BANK.

Total ResoŚLICHE

Branches: Canton, Tolshan Shanghai On Singapore-- Hankow, Bangkok & San Francisco.

On demand London Bankers: Boyds Bank Ltd.,

Banking On Japan- Foreign Exchange and business of every discription trans- acted

Current Accounts opened and Fixed Deposits recet red for shorter periods as rates which will be quoted on application.

Safe Deposit Boxes (various sluss)

LOOK POONG SHAN,

"The-Bericene of the shove Bank he wondbart at the BONG TONO AND SHAFGEL BANKING CORPORATION

be

ab application.

1-In Chan Eng (

LT

Lon-

at

LOCAL SHARES.

TO-DAY'S QUOTATIONS

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

Baaka

NEW YORK STOCK MARKET

Little Noticeable

Change

STILL AWAITING BONUS BILL DECISION

COLONY'S TRADE?

STATISTICS

Figures For First Four Months Of 1935

IMPORTS UP: EXPORTS DOWN-

NEW ADVERTISEMENTS

ANNUAL EXAMINATION FOR ENTRANCE TO CLASS 3 AT QUEEN'S COLLEGE OR KING'S COLLEGE, 1995

1. Applications from Candidates The Statistical Office of the attending non-Government Schools În them market report, Messrs. Imports and Exports Depart should be made on forms which can 5. Levy and Company. correment reports that the combined be obtained from the Education pondents for Mesers. White Weld values of imports and exports of office on and after Saturday, 1st and Company, New York, state-merchandise during the first four June. These should be completed "Stocks Little change in mar months of 1935 amounted to and forwarded. to the Inspector of EK Bank $1000 b, $1010 sa ket conditions were witnessed to $229,600.000- ($22.100.000), as Schools, Education Department, on. HA Bank (London) #12314 0.

day pending President Roosevelt's compared with $231.900.000 before Monday, 10th June. Chartered Bank £14% n.

Message on the Patman Bonus! (£17.200.000) in the correspond-j

2. The application form must be Mercantile Bank A. & E. $31— Lİ BİL Business done:-1,140,000)ing period of 1931. representing signed by a Head Master, who will Mercantile Bank C. £134 m.

a decrease of one per cent. in certify that the candidate is a bona Bank of East Asia. $31. n. .” Grains: The market is show-terms of Hong Kong currency e pupil of Class 4 or equivalent resistance temporarily and an increase of 28.5 per cent standard, that his conduct has been Am: 0. Finance Corp, Sh.$15 Bing some China O. Fin. Ord, Sh. $150 a. and we would suggest purchases in terms of sterling values. China O. Fin. Pref. Sh. $4 L. Insurances.

Canton Ins. $215 m. Union Ins. $315-se

China Underwriters $1 L China Fire Ins. $400 n. HA Fire Inst $200 n. International Assce Sh$44

Shipping.

Douglases $3874-82 H.K. Steamboats $4 n. Indo-Chinas (Fref.), 580 m. Indo-Chinas (Def), $33 #. Shell (Bearer) 70/- - * Union Waterboats $114 n.

Mining

Antameks 63 cts. n.

Balatoes. Šot 1. Baguio Gold 21 cts. D. Benguet Consolidated $11 E. Benguet Exploration 10 ets the Benguet Goldfield 10 cts. n.

shares

on setbacks for moderate

Imports of merchandise during satisfactory, and that be is under Total sales Wheat:-20,999,000) the first four months of 1935 18 years of age on 1st September," bushels; Carn:-7,342,000 bushels totalled $129.300.000 (£12400,000) 1955.

3. There will be preliminary -Cotton-With prospects of bet-as compared with $127,900,000)

ས

ter weather conditions, we would (59.500.000) in the corresponding Tests in both English and Chinese for which candidates confine purchases to declines. period of 1934: an increase of 11 Dictation

"Rubber-An usually reliable per cent in Hong Kong dollar should present themselves at Ellis estimates that the first five months values and 30.5 per cent in sterling Kaloorie School, Hospital Road, on Friday, 21st June, at 9:30 am. world crade rubber shipments values.

Candidates' failing to

the satisti Merchandise Exports were about 95,000 tons below the corresponding period of 1934. We Exports of merchandise during Examiners in the Dictation Tests think that bullish factors warrant the first four months of 1935 will not be eligible to take the re-

Examination of the Total totaled $100,400.000 (£9,600,000),mainder constructive attitude.

--- Compared with $104.000.000 Names of candidates who have E A. Pierce And Ca's Report - |(£7,700,000): a decrease of $5 per satisfied the examiners in the Dic- In their market report, the cent. in Hong Kong dollar values tation Tests will be posted outside American Oriental. Finance Cor-and an increase of 247 per çent, in Ellis Kadoorie School, Hospital poration. correspondents for sterling values.

Road, on Saturday, 22nd June. Messrs. E. A. Pierce and Company During the month of April, 1935, 4. The remainder the exami· ·

imports of merchandise amounted nation which comprises Chinese,

sales-298 lots-

of New York state:-

"Stocks: The market was evident-to a total of $32,000,000 (5,400,- English Grammar and Composition ly waiting for the Presidential 000) as compared with $22,100.000 Geography, Arithmetic, Algeble and Veto Message regarding the Pat-(2,300,000), in April, 1934, a dollar Practical Geometry will be held at (Continued on Page 7) man Bonus Bill and little beadwar was made either way. Lower grade issues were prominent.

[Continued on Page 10)

COMMODITY PRICES

The following quotations have been received by Eexter.

May 20. May. 21. Closing Closing-

On London-

On TT, and demand

-2247%

4 months sight

Credits months" sight

8,655,000 On Shanghai— 32170,492 On demand

141

101%

On demand

2014

On India

On T.T. and demand

157

FORT OF

On New York-

On demand

58%

On credits 60 days sight 60%

Big Wedge & cts. I

On Batavia-

Gold Creek 30 cts. n.

Chief Manager.

On demand

86

Gold River 7 cts, m.

On Paris-

On demand

885

Ipo Mining 85 cts.

Credits 4 months' sight

935

Itogans 30 cts. a.

Salacots 12 cts. n.

¡On Saigon

On demand

8874

On Manila

On demand

11614

On Bangkok...

Kailan Mising Ad: 18/3 n. Langkats (Single) Sh$14 2. S'hai Exploration Sh.34 Shai Loans Sh$5. Raubs $4

On demand

788

Venz: Goldfield $5 n.

DAMP PROOF!

Sovereigns bank buying rate.

Docks. etc.

OUR SAFE DEPOSIT VAULT

2/52%

Bar silver per oz.

3334

Our New building is Specialty Con-Bar Silver In Hour Hong..Nom xtracted to provide all of the Im Copper Cash portant Qualities.

HK and K. Wharves $85 21

Cam. rts.

Copper Cents

-par

Rate of Native Interest ...3% pa 274 dis Chinese Sub Coin

-par.

HK and K Wharves ex right New York Cotton:-

$84

May HK and K Wharves right $82 July

11.98 11.96

12.03 12.04

October December

11.82 1178

11.88 1181

Jan. (1936)

March Spot

11.93 1188 11.96 1191 12.40 12:40

New York Rubber:-

May

12.144

12.38

July

12.232

12.45

September

1235 12:56

October

12.41

12.63

Curren

December

12.55

12.30

J

which will be quoted an appbandon. Bade Deposit Bow Is Le

KAS TONG PO.

INC.

NY/London.

January March

12.64

12.86

12.79

12.038

Chief Mage,

Head Offee-65, Broadway, New York

Capital

US$6,000,000.00

N.Y. Cotton

July Oct N.Y. Eubber

July

·

12.03 -12.01 12.00" 11.92 11.31 11.80

Chicago Wheat:-

May

8934

EK. Lands 4% Debentures 100% July

90

2.087112.89

Sept

12.35

1214 12.18 12.2

September

December

1.995.528.31

92%

89 90% 91 9374

C. Corn July 2%

Metropolitan Lands Sh. $10 mi

Chicago Corn:—

W. Wheat July 87

Humphreys $83/4 3.

May

$9

Genos

Milna

STOCKS:

HK Realties $434 D..

July

$234

$838 81%

Autwory Athene

Giangin

Fios.

Amer

45 Smelting

45

45%

The Hague

Con Gas NI

23

22

9014

Asia Realities “A”, Sh* $75 1.

September

764

75%

General

Beding Barth Bombay Bestden Brunanka

Paci Palpaking

Da Port

98%

99% 200%

Asiz Realties "B" Sh. $10 n.

December

67%

66%.

Elec Bond & Sh. 67

6%

6%

Chinese Estates $90 m.

General Motors 31% Ist: Tel & Tel

Winnipeg Wheat:--

31%

31%

Ching Realties Shi #7 n.

Catro

Clem

Southampton

Chak Colanha Copenhag Dubin Flobergh Jurma

Lese

Inbraakna

7 39% Loew's Inc. Montgomery W. % Nat Distillers 26

8/4

May

8574

85%

China Debentures Sh.$123. 1.

40

Maraudine

* Monte Carlo”-

Xanla

Yokohama

Kasick

N.T. Central Standard Oil NJ 46% U.S. Steel

41 262 261 -26264 16.16% 16

473% 47 34% 34%

July

87

86%

Publie Utilities

New York Suzar:—

Montreux

WE HONG KONG LID SHANGHAJ BANKING CORPORATION

V. M. GRAYBURN

Hong Kong, 25th February, 1935:

THE BANK OF EAST ASIA, LTD.

Basbecised Capital Paldrop Capitai

-925,800,000.00

Beers and limdivided Protre $3, 134, 900.00

HEAD OFFICE:—HONG KONG

FORx Boat Cent

BOARD OF DIRECTORE:---

Bur bibowover, Chuir

'I Kwok In Won

The Tong, Eng., Chana ing Shok. Leg. Id. Ins

SAFETY FIRST:

-To Safeguard Your Valuables. and Jewelleries. Deposit them in a Vault

that is really:

FIRE-PROOF

BURGLAR-PROOF

20 Kong Cho Jing and Tan Yar located on the Mezzanine Floor

La Toog Po.. Esq. Chlef Muangor. BRANCHES

For Emq... Kasagat.

Semestan Shangh

Sydney

· Brury dauertption at Barking and ett

Loungiel en approved

• Currane Accounta ・apaavd in Lil We Fail Depot unived for

You may obtain a Safe Deposit Bax in this most up-to-date Vanit for your own man at a very modëzate Ben- Inspection Cordially invited: THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeux Road, Central

Hong Kong Sub Coin

NEW YORK STOCK EXCHANGE

Reuter Quotations

serier, Bacode is Lacal and Foreign Corner AMERICAN EXPRESS COMPANY ceived by Reater

May 22. quotations were re-

·10.20- 21.00 4.91% 491 497%

HK. and W. Docks $94 2. Providents (old) 80 etx: n... Providents (new) 20.cts. IL Hongkew Sh. $2674 m. New Engineering Sh.$5 n. S'hai Docks Sh. $110 x

Cotton Mills.

Ewo Cottons Sh. $8.30 ·n. Shanghai Cotton (old) Sh.$70 n. Shanghai Cottons (new) $43 a. Zoong Sings Sh. $91⁄2 n Wing On Textiles, Sh. $55 2.

Lands, Hotels, etc.

HR and S. Hotels $1-b." HK Lands $33

Nagmada

New York

Ceska

Paria

Pripics

Pasang Bangonts

Saigon

Francis

Tokyo

Yokohama

Exolunga

THE CHINA & SOUTH SEA BANK, Surplus

LIMITED

(Incorporated in China)

Head Office. Shanghai

Capital

Beserve

Branchem

~$7,500,000.00

$1,500,000.00

All Important Cities

in China

and Barking Business transacted. -

Foreign Exchange

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

SOU Z CHANG, -

Managua HONG KONG BRANCH 24, Des Voeux Road, Central.

Tel. 88565 Manager's Office

Foreign Exchange Dept. General Orice a Cashier's Office

W

•

25567 23569

THE YOKOHAMA SPECIE BANK

LIMITED.

Patablished – 1880

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

Yen 125,800,000

Head Office:÷YOKOHAMA

Branches and Agencies st:

Alexandria

Batavia

Nagasakt Nagoya

New York

Bombay

ONL

Paris

Gaston

Peiping

(Dalzy) Rangoon Zengtien (Mulden) Rio Jo Jensize

San Francisco

Rankow Harbin

Tobe

Shanghai Singapore Soerabaya

Reserves

THE

BRANCHES:

Haraca Hamburg

Heidelburg Interinken Farmerieco Todes Literpod

Location Laugabe

Eme

Zingsperi Decido

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

All classes of Commercial Banking| Pransactions undertaken

Personal investment accounts! Chandted..

Fyze

Company offers to intending Travellers these of its abravaleta Chegues" and Letters of Credit and,

addition, the world-wide services. its thoroughly equipped Travel De- partment.

The following

close

C. Wheat July 90

3436

THE MERCANTILE BANK OF INDIA, LTD.

*EZAD OFFICE:

18. Bracktrak Street, London, Z.G.S Authorised Capital 143,000,000 Subscribed Capital 1,800,000 Paid-up Capital

..... 1,050,000 Beserve Fund & Eest. 1,247,432 "The Bank of England z Midland Bank, IL. BRANCHES:

BASILNS:

I206-

Kandy

Bangkok

Bombay

Calestia

Jachi

Colombo

Kota Bharu

Dalid

Kusin Läpin

Kuala Lumpur

Hang Long

1- Eleurs

E. W. DUGGAN,

Manager

See Jack,

Port Louis

(Manridus) „Bangoon Shanghai

Kunetan (Padang) Skanda Kačení

Sugges

•BOSO RONG BRAKCH.

recy distiption af Banking sol. Lazimatge disź- Trolley Chograms. Imani.

Trustee and Executorships, under- taken

THE WING ON BANK Deposite at Katie Jast way be amourained

LIMITED

Head Office: Hongkong. 26, Des Voeux Road Central. Authorised Capital $10,000,000

LONDON BANKEES Westminster. Band, Lil Foreign Exchange and every descrip tion of banking businesses transacted. Savings

·Current: Acromis and Accounts opened. Fixed Depostis Ireceived ‘at zates which will be

application Special rates

Trusteeship and Executorship under received for fized periods taken. Safe Deposit Boxes for hire.

king*

Sydney

Tokyo Tsingtas Tingkow

Landon

Los Angula

allowed on Ostraat Ao-Special deposits,

to be obtained on application. C. KISHINAMEN

PHILIP GOCKCHEN Chief Manager.

Manager L. GOCKCHIN-

JAmt. MazagIE

ang Zong 11th March, 1985.

quoted

LËSEU FONGİ Asst. - Managen?

INTEREST allowed of. Cernmei. Advocachi - and

on applivation.

1. Queen's Road Canten),

Hong Kong, lit April, 1935."-

THE SHANGHAI COMMERCIALİ

& SAVINGS BANK LIMITED. Uncorporated in China) Capital paid up $5,000,000. $7,200,000, Reserves Capital Savings Dept. $500,000, Beserve Savings Dayt: $500,000.

1 Head Offen-Shanghai ( A Bank häving na itu seinaiom thế? Industrial devalogament › of" Chlon. and the fostering of her commende cial relations absonderlich Hong Kong office-7 Les Homme $4.

Shanghai Lands Sh.$201⁄2

HE. Tramways $1214 IL Peak Trams- ́(old) $31⁄2 1. Feak Trams (new), 36 1 Star Ferries $77 5. Ysumati. Ferries $20 n. C. Light $8.30 6., $8.20. b. HK. Electrics $59 s. and sa. Macao Electrics $2311⁄2 n. Sandakan Light $6 x. Telephone (old) $19 = Telephone (new) $8% s China Buses Sh. $1134 2. Singapore Traction 10/6 b. Singapore Pref. 22/5 b.

Industrials Malabón Sugar $31⁄2 1- Cald: Macg. (Ord); Sh.#1932 n. Cald: Macg. (Pre£), Sh.$13 1. Canton Ice's $1.80 m.

Cements $6.20 s. Converted.

HK. Ropes $2 1.

Stores, etc.

Daily Farms $14 ̊ n.. Watson $31⁄2 =

Lane, Crawfords $31⁄2 n. Mackintosh" 39 n." -Sinceres $8.

90*4

No. 1 No: 3 No. 1 No.3 Con: Con. Com. Con 2431 243m 2.47a 2.44n 247 246 2.47 2.46 2.55 251 255 2.52 2.62 2.57 2.63 2.58 Jan. (1936) 246n 2.39 2.46n 2:40 New York Silk:-

May July Sept.

Dec.

May

July

September

19.30 am on Tuesday, 25th Jane, jand at 8.30 am, on each day from RAW RUBBER PRICES Wednesday, 26th June til Saturday,

29th June, both inclusive.

Latest Quotations From Singapore

Messrs. H. E. Joseph and Co. have received the following Strafts Car rency quotations from Singapore for Raw Rubber.

Spot. 20. up % b, 201⁄4 5. July-September 21s up

5 The paper in General Come position will be designed to test the pupils' command of English and their, ability to express themselves adequately on simple, general topics. The paper will include one question on World History.

6. A limited rumber of Scholar ships providing free education for by three years at one of the above schools may be awarded to candi- Oct-December 22% up b., 22% cates who reach a sufficiently high

0134 £

Jan-March 23% up 1⁄4 b.. 233% Market:-Steady.

REVENUE RETURNS-

IMPROVE

British Exchequer Figures

London, To-day-

standard.

"

G. R. SAYER, Director of Education.

CONSIGNEES NOTICE.

THE KEN LINE STEAMERS, LIMITED.

From LETTH MIDDLESERO", ANTWERP, LONDON

AND STRAITS,

Steamship.

*BENARTY":

The Exchequer returns for the past week show that the total or-he dinary revenue for the currentl financial year to date amounts" to||

Consignees of Cargo (are hereby in- £80,957,761, 25 compared with formed that all Goods are being landed 78,133,517, at the corresponding at their risk into the hazardous and/or rate last year. The total expendi-extra hazardous Godowas of The Hong ture exclusive of self-balancing Kong and Kowloon Wharf & Godown Co., Ltd, whence and/or from the items amounts to 538,337,164 Awharves delivery may be obtained. the corresponding date last year the No claims will be admitted after the total

£94,217,000.—British Goods, have left the Godowns, and all Goods remaining undelivered after the 21st May, 1935, will be subject to

Wireless Service.

Is It Insured?

Insurance --- All Cirases LOWEST RATES

American Asiatic Underwriters Fed. Inc., USA. General Agents

Head Office

137

1371⁄2

13632

13617, The Bund

AP

1.36

1.35

Shanghai

Montreal Silver:------

76.50 75.75b

May. July

September December

77.00 76.40b

TL30t

77.402

78.40t 78.40b

asked, b-bid, t-traded, ¤-nom

LONDON EXCHANGES

Paris

London. Yesterday...

74 39/64

New York

4.91

Montreal

4.91

Brussels

29.06

Geneva Amsterdam

15.20

Wm. Powell 70 cts. 1. Wing On (HK) $100 1.

Mian

7.264 59.21/32

Berlin

12:21

Prague

Madrid

•118% 36-1/16

517 Sellers

Bucharest

Belgrade

... Miscellaneous.” EX Ambrementa : $1.85- n, Entertainments $6.40 m. - S. C. Enterprises $1.35 n. Macão "Greyhounds”: $2 n. Constructions (old) $1.40 me Constructions (new) 45 cis. n. Vibro Piling $5. n.

Oh Gort 5% 1924. Gởi

920

HK. Govt. 4% Loan, 54% prem.

HK Govt. 31⁄21⁄2% Loan 2% prem.

Wallace Harpers $5 s.

Athens

Bombay

Shanghai

Hong Kong Yokohama

All claims against the steamer trust be presented to the Undersigned an or before the 11th June, 1935, or they will not be recognized

To comply with the General Bonded Warehouse Regulations consigness must have & Revenue Officer in attendance when damaged dutiable goods are examined

All broken, chafed, and damaged Goods are to be left in the Godowns, where they 'will be examined on the 28th May, 1935, at 10 am, by Messrs. H.E. Ober Goddard and Douglas. Asia Life Building

Tel. 38234

No Fire Interance has been erfected. Bills of Lading will be counter-signed by.

GIBB, LIVINGSTON & CO. LTD.

Hong Kong, 21st May, 1935.

S. E. Levy & Co.

7, ICE HOUSE STREET

1SVESTMENT BANKERS 4 BROKKEN

485

1/6 5/32 1/8

-NEW, TORE, CUTTON EXCHANGE

COMMODITY EXCHANGE, INC. NA,

CHICAGO. BOARD OF TRADE -

CANADIAN COMMODITY EXCHANGE, INC.

2/4% 1/2 3/32

CORRESPONDENTS FOR

Other rates unchanged. - Silver Spot

Forward Warloan 32%

33 15/16 1065% ---British Wireless Service.

Agents