1935-05-28 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1855.

HEAD OFFICE: LONDON.

20,000,000 Reserve Liability of Pro-

Authorised Capital

Cosmed and Fully Paid-up-

$50,300,000 20,000.000

Reserve Funds

Sterling...

Silver

5,500,000 $10,000,000

Paid up Capital

Reserve Liability Pro-

Reserve Fund

£3,000,000 £3,000,000

--

HĽAD OFFICE: RÖNGKONG.

prietors

£5,000,000

BOARD OF DIRECTORY.

Agencies and Branches:

Bor Star

Ipok

Rangesh Saigon.

Bangko

CC. Knight K~]."

Dancer ChairmINAL,

Boby

Kade

Shangbai

Hon Mr.

Mr. W.-H. Bell

р

J. A. Flummer, Esq. spor

Sitiawan Sourab

A. H. Compton Esq.

Coba

Tsiping

M. Jabson, Esq.

Manila

Madan

Tengah

Hon. Mr. J. J. Paterson,

Haiporng Hamburg

Kew York

Piping

(B) Jungian

(baking) PROROK

Yokohama. Zamboanga

Denti kimin

Gaisman.

FG. Miskin Esc. T. E. Pearce Esq..

AMOZ

BANGKOK

PALCUTTA PINTOX CREFOO

BAKKEN POOCZOW RAPHONG

CANTOW

IPB

гов

MAWLOOK

3. M. Grybatu, hay

Chad Huangu...

PRANCER 20

KUALA LUMPER LONDON

LYONS

MALACCA

MANILA

-YEAR Fohen)

UNDEN

NEW YORK

PEIPINA PESANG BANGOS

BAIGON 2 -

SAN FRANCISCO

SHANGHAI

SINGAPORE NHHABATA

FIGE PAZANI

TIENTSIN

ΤΟΣΤΟ

TSINGTAO

YOKOHAMA

Current Account opend in Lani Cartancy sed Fixed Deponile monivað fær one year or Whorter periods in Lane Company nad Biweting onsertos which will be quoted on soglicazione

Hong Kong. 7th May. 1935.

HONG KONG SAVINGS BANK.

The Business of the above Back Le sonduci“- or the HONG KONG AND SHANGHAI EASING CORPORATION

giani on spplication

FOR THE BONG "TONG AND SHANGHAI BASSING CORPORATION

Farbin Hong Lang

Forsien "Enodangu, noč. Ouard. Banking busineen transted

Carrascaria opened sod Fixed Depo received for von year or aborter periodo na reten whink wil hou. quoted on applivation.

A. BREARLET.

Manager.

Hong Kong, 1st. January, 1935.

ન'

SAFETY FIRST I

To Safeguard'You Valuablas

and Jewelleries. Deposit them in a Vanit

that is realye FIRE-PROOF BURGLAR-PROOF DAMP PROOF 1

OUR SAFE DEPOSIT VAULT located on the Mexzanine Floor Our New building is Specially Con-| structed to provide all of these Im pertant Qualities.

You may obtain a Safe Deposit Box in this most up-to-date Vault for {your own use' at a very moderate Ran-

Inspection Cordially Invited. THE NATIONAL COMMERCIAL

THE CHIKA MATA TUESDAY, MAY 28, 1935

and

Commerce

Finance

LOCAL DOLLAR STEADY

Silver Prices Rise

The local dollar is steady, opening on demand this morning at 2/44

Spot silver rose 3/16 to 33-15/16 and forward to $4-3,16.

02

The London on New York cross- rate was unchanged at US$195; }

Lon- while, the New York don cross-rate was quoted |S—US.$29434, as compared with

U.S.$4.94%

EXCHANGES

TO-DAY'S QUOTATION

On London-

4 Months Sight

at

LOCAL SHARES.

TO-DAY'S QUOTATIONS

The following is the list af share quotations issued to-day-

Banks.

NEW YORK STOCK MARKET

NR.A. Regulation

Of Industry

EFFECTS OF SUPREME

COURT DECISION

NEW

ADVERTISEMENTS

PUBLIC AUCTION

TH

HE undersigned have received instructions to sell by Public

PEAK TRAMWAYS COMPANY, auction

LIMITED.

TOTICE, IS HERESY GİVEN

On -

FRIDAY, 31st May, 1935,

Nat the ANNAL ORDIN - cominencing at 2.30 p.m

ARY

at their Sales Room, Duddell Street of

A Quantity of VALUABLE HOUSEHOLD

FURNITURE

Chesterfield Suites, Wardrobes,

GENERAL MEETING SHAREHOLDERS will be HELD In their market report Messza at the HONG KON HOTEL. on TUE DAY, the SE Levy and Company, corres-Hong Kong, localpondents for Messrs. White Wald 11th. June 1935, at 110 am, for comprising:

and Company. New York state the purpose of receiving the Be

"Stocks: The Government's deports of the Directors together Dressing tables. Eat. stands, Bed fest in the Supreme Court on the with a Statement of Acpunts for steads, Side Beards, Dining tables, Armchairs and Chairs, Chests of NRA and Farm Mortgage Bills the year ended 30th. Apali, 1995.

The TRANSFER BÇOIS of the Drawers, Cupboards, Desks, Glass should reassure business that the Government bereafter cannot ar Company will be CLISED from Cabinets Filing Cabinets, Book- bitrarily regulate and regiment In-SATURDAY, 1st day of June, to cases, Tables, Stands, etc., et

Ice Chests, Typewriters.. Sewing dustry. Our first reaction is that TUESDAY, the 11th Bay of June!

Machine. Gramaphones and Be- any bad effects from the re-entry 1985, both days incluse.

H.K. Bank $1,000 n. : HK Bank (London) £1253A IL Chartered Bank £1473 1. Mercantile Bank A. & B. $31 Mercantile Bank €. £1311⁄2 n Bank of East Asia $81 Dav Am: 0. Finance Corp. China, 0. Fin. Ord, Sh. China 0. Fiz. Pref. Sh.

Insurances.

Canton Ina. $203 n.

Union Ins. $227. b.

China Underwriters $1 a China Fire Ins. $382 n. Ex. div. ELK. Fire Ins. $200 International Assce. Sh.$431⁄2 n Shipuing.

Douglases: $551⁄2 1.

HK. Steamboats $4 n. 3 Indo-China's (Fref), $30 m Indo-Chizas (Def). $33 n. .141 | Shell (Bearer) $71.101⁄21⁄2 n. Union Waterboats $111⁄4 0.

Mining.

Antamoks 63 cts.

Balators $54 IL

Baguio Gold 21 cts.

Benguet Consolidated $11 z. Benguet Exploration 10 cts n Benguet Goldfield 10 cts. n.

Big Wedge 8 cts. I Gold Creek 30 cts. a.

of unrestrained competition into JOHN D. HUMPHRYS & SONcords, "Cutlery. Silver Ware. Brass

GeneraKianagers,

the various industries like Steel will have an offset in the beneficial ef Ifects of the restoration of couragej Jand confidence. Total sales: $20.000 Ishares.

Hong hong 23rday, 15 %

NOTICE

Over WEST AND EAST FELOWSHIP

<For World Peacand

"Grains: Many traders feel that there will be no aggressive support!

intil. May liquidation is Meanwhile, excellent weather condî-l tions are discouraging buying.) Total sales: Wheat: 17,414,000 bushels; Corn: 9,168,000 busheis.

(Continued on Page 7) Latest Quotations

The following quotations have been received by Reuter

X.L./London

cross-rate

XY. Cotton-July

NY. Rubber-Jaly

Prev. To-day

elcom

4944 194 12.00

7281

11.97 1936 8734

Chicago Wheat-July 874 Chicago Com-Jaly 75% 78 Montreal Silver Des. 7500 700 Saver Oficial

On T.T.

2/4

On Demand

.2/47

2/478

Credits 4 Months Sight 2/6/

On Shanghai-

On Demand

¡On Singapore

On Demand

.1023%

On Japan

On Demand

203

On India

On TT and Demand On New York-

.15814

On Demand..

1591

Credits 60 Days Sight

.61%

On Batavia-

On demand

STYL

Gold River 7 cts. n.

On Paris

Ipo Mining $5 cts. n.

On Demand

.900

Itogans 30 cis. I.

Credits 4 Months" Sight

.950

Salacots '12`eta. n

On Saigon

Kallan Mining Ad. 17/3 m.

12. 25%2 Dow Jones Averages 30 Industrials 115.90 116.74 20 Rails

20 Utilities

On Demand

.$95%

Langkats" (Single) Sh.$14`z.

84 up 31.65 32.00 35 up 19.15 19.32 11 p

140 Bonds....

S'hai Exploration Sh.3434 n.

1. On Demand

.118

Kitablished 1912.

On Bangkok-

Shai. Loans Sh.351⁄2 n. Raubs $4.10 b.

Head Offices--Hong Kong...

On Demand

Wha

Venz; Goldfield $5 1.

BOARD OF DIRECTORE:—

Authorised Capital

1 Los Coun. Tag. I I

Bir Shounen, Chairman.

In Food Paid-up Capital

$11,000,000 Sovereigns bank baying rate

8,655,000

22,170,492 Bar silver per oz.

2/5/% 15/16.

Nom

London Bankers: Lloyds Bank, Id, Copper Cash

and

Foreign Exchange business of every discription trans- Rate of Native Interest ...3 pa SCLEČ

Chinese Sub Coin

27% dis par.

Banking Copper Cents

..par.

F. X. GRATAERK,

Chiot Harmon

Hong Kong, 3th February, 1935.

THE BANK OF EAST ASIA, LTD.

Atherioed Capita

"Pabóng Capital

& SAVINGS BANK, LTD. Corner of Ice House Street and

Des Voeux Road, Central -

$200,000. THE BANK OF CANTON, LTD. On Manila-

Sabers and indivlint Profio 182,434, 900.00 -

XIAN OFFICE-HONG KONG

2. Fat, Food Castra.

Frog Lot Rome Chy Son, Bag, and San

THE TIME. Eng. Clas "bing Shek Esq. L Las Fotal Rescarces

Ian Took Pa. Eng. Chief Maangur.

The Fond Faq. Mange.

BRANCHED AND 'AGENCIES:-

Fox Branches: Canton, Toishan, Shanghai Ear Silver In Hong Kong

Haskow, Bangkok &. San Francisco.

·Tambay

Kawinan

Yow York

Main

Bad? TH

Securabaya

Paris Priping Pebing RAZLOGO

Satron

Bunton. Kangiopat Tabore

Takya

Sea Frackows

Losas granted on spremed

Lami Carranc

COM

Current Accounts opened and Fixed Hong Kong Sub Coin Deposits received for One year O sharter periods as zates which wit be quoted on application.

Safe Deposit Boxes (razions gimna) Le hire.

LOOK POONG SHAN,

Chief Manager

Geodes

Beriptios of Beukine ved Ezabongo.

Sagamora izmešač.

Pam Deposits owned ter

shorter periods, is Local and Fawigs Carla AMERICAN EXPRESS COMPANY,

which will be macted an applicanCIANS.

Sale Deposit Down To Tot,

KAN TOG PO.

Coment.

THE

NEW YORK STOCK EXCHANGE

Reuter Quotations

Docks, "etc.

95.40 95.43 .03 up

11 Commodity

Index .... 58.60 58.66 .06 mp Business Done:-$20,000 shares.

FK and K. Wharves $82 Cam COMMODITY PRICES

rts HK and Wharves ex right

$814 n

H. and K. Wharves right $5 HK and W. Docks $91⁄2 n. Providents (old) 75 cts. x. -Providents (new) 20 cts. ».

Hongkew Sh. $26734 z. → New Engineering Sh.55 n. Shai Docks Sh. $110 m.

Cotton Mills.

The following quotations have been received by Reater.

May 26. May 27. Closing Closing

Social Service

Ware, Porcelain Ware, Glass Ware. Tea Set Dinner Service. Wall and Table Clocks. Ornaments. Carpets, Rngs, Table Lamps, Linen, OD Paintings Pictures, Wash Basins, Electric Table Fans, etc etc

also

A Quantity of BLACK WOOD FURNITURE including:-

Joss Tables, Opium Stools, Tea Fors Tables. Table Screens, Arm-

and

One Piano Mortrie" One Radi

TT is proposed to hold meeting chairs and Chairs, etc, etc.,

to extend the activis of thei above-mentioned instituti and to merge it into a new orgaktion to be established on June Peace: It is sincer hoped Day, 1935. support will be forthcom All interested plej, send

who

are

their names and addressito, or

correspond with.

THE SECRETARY West and East Fellows 4D Hillwood Road, Kowl Hong Kong, 27th May, 19

SHANGHAI STOC

EXCHANGE

Stagnation Prevai

All Week

BEAR ATTACK, DEPRESSE

BOND MARKET,

A.0.F.C. COMMENT

Shanghai, May

Stagnation continued on

Shanghai Stock

Exchange

week. There were no shares de

e

in last Tuesday. The only bor

traded in were F.3LC. 7 per c

debentures of 1924, issue.

Few

unofficial transactio

were reported on the exchange

One set Lawn Bowls

On View from Thursday, the 30th May, 1935

Terms: Cash on Delivery.

LAMMERT BROS.

Auctioneers.

Hong Kong, 28th May, 1935.

SHIRLEY TEMPLE BRIGHT EYES

A FOX Picture

FRIDAY at the STAR

day: Some Shangh debenturi

gone.

Everything BUT YOUR

New York Cotton:- July October

12.00 11197

1185 11.70

December

11.91

11.71

Jan. (1936)

11.95-

-118

INC.

May 28 The following quotations were de ceived by Reuter-

1)

Crist Manger,

Head Ofice-65, Broadway, New York

N_T./London

THE CHINA & SOUTH SEA BANK, LIMITED

(Incorporated in China)

Re Ofice...Shanghai

All Important Cities

in China

Foreign Exchange and

Banking Business transacted.

Current and Saving Accounts.opened and Fixed Deposits received for one war of shorter periods at rates which

be quoted on application.

SOU Z. CHANG,

Manager

HONG KONG BRANCH:

24 Des Voeux Road, Central. Manager's Once .....Tel $35ES Foreign Exchange Dept. General Office

Cashier's Office

Capital Surplus

Reserves

-17.S.$6,000,000.00 2,087,112,59 1,995,528.81

NY. Cotton-

July Ove

Ewo Cottons Sh. $3.30 z Shanghai Cotton (old) Sh.$70 n. Shanghai Cottons (new) $43 m. Zoong Sings Sh. $834 - Wing On Textiles. Sh. $55. n.

Lands: Hoteis, etc. HK and S. Hotels $4 b. HK. Lands $30 b.. $304 sa. 494 4947% 494%

HK Lands 4% Debentures 100% December

March

11.96

11.19

May

12.00

1182

Spot

12.40

12.30

New York Rubber:--

•

May July

12:425

12.7

12.81

1283

September .. October

-12.942

12.96

the next

Power 5 per cent

13.15

13.18

were done at $80.75 cash.

12.00 12.00 11.08 11.85 11.80

January

1.2.2x

13.29

11.78

Sept

BRANCHES:

•

Acacher Autowory

Gecom Gl

Ma Nica

..37:500,000.00

$1,500,000:00

The linge

Kaplam

N.Y. Eubber

July

1281 1983b 12.78 12.94 1092b 12.92

C. Wheat July S

C. Corn July 78% W. Whear July 874 STOCKS:

Shanghai Lands Sh.$20% n Metropolitan Lands Sh. $10 n. Humphreys $8 -

March

23.4la

12.43

Comparatively speaking. tle better business was done

2 B

Chicago Wheat:

Thursday, when

May

863%

86%

8374

H.K. Realties $44 sa

July

:8742

87%

bonds.

79

IF

857

Asia Realties “A”, Sh. :

September

88

863%

business

Asia Realties “E”, Sh.

¡December

9015

-90%

Barson

Pienet

Amer Smelting 45

45

43

Hein

Hamberg

Patie

Bartle

Fenha

Beide Teeg

General

Bela Caire Caleuthe

Camer

Colombo

Imariakan Zarcontent Goodes Everpool

Lowcos

Copenhagen LADOR

Bispen

Techin

Prigio Paberind Botterdam Borda Shanghai

Elec Bond & Sh. 7 General Motors 31% Int. Tel & Tel 8 Lowe's Inc

Con Gas NY.

221

2214

Du Pont

101

deleted

Chinese Estates $90 m. China Bexities. Sh. 37 m. China Debentures Sh$128

Chicago Corn

May

***

833%

(July

782

41

Dublin

Marmos Edinburgh Moots Cacia Florence

Mandla

Tokobustn Zurich

Kop

Montgomery W. 26% Nas Distillers 26 N.Y. Central Standard Off NJ 48% U.S. Steel 34%

7 317%

64 87 41 26

Publie Utilities

September

774

713%

HK Tramways $11.80

December

524

6134

40%

Peak Trams (old) $8

e

Winnipeg Wheat:-

164

deleted

176 4874

262

17 484

Peak Trams (new), $6 n. Star Ferries $77.

May

+851⁄2

88

¡July

87%s

84%

Taumati Ferries $20 n.

New York Sugar:----

-

33566 33567

3:3569

•

THE YOKOHAMA SPECIE BANK |

Branches of American Infjxass Come pany In Principal cities of Unitað States of America and Canada.

All classes of Commercial Banking Transactions · undertaken.

Personal investment accidente handled

C. Light $7.90 sa.. $7.95 b. HK Electrics $56/5631⁄2 sába Macao Electrics $2331⁄2 n.

Con. Com Con Con

July

2.52 252 257 255

Domestic Bond Market.

LONDON EXCHANGES

Sandakan Light 16 s.

Sept

2.60 2.58 263 261

London, Yesterday.

Paris New York

75 15/64

4.954

Montreal

4.94%

28.9732

The Company offers to intending Travellers the use of its winavelers |Cheques” and Letters of Credit and,

Geneva

15.33

Amsterdam

7.3234

Milan

60%

Berlin

-12.301/2

Frague

119%

Lisbon

110%

E. W.DUGGAN,

Manager.

Athens Shanghai

Telephone. (old) $1834 b., $19 sa. Dec. Telephone (new) $83⁄4 &

Capital

-Reserve

Branches

LIMITED.

Established 1880

Savital (fully paid-up) Yez100,000,000 in addition, the word-wide services Reserve Fund

Ten.125,800,000 f its thoroughly equipped. Travel De-

|partment

~Hand Office:-YOKOHAMA

Branches and Agencies at: exandria

Nagasaki

Berlin

Bombay

Nagoya

New York Osaka Paris Perring

Dairen (Daing) Rangoon Fengtien (Mulden) Rio de Janeiro Bamburg

San Francisco Hankos

Sexttle

Hong

Hsinkding Karnchi

London

*Los Angeles

Singapore Soerabaya Sydney

Tientsin

Tokyo Tsingtan

abowad; at: OJST Le

THE WING ON BANK LIMITED

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

LONDON BANKERS:---- Westminster Band, Ltd. Foreign Exchange and every descrip- tion of banking businesses transacted

Current Accounts znd Saving Accounts opened. Fixed Deposits received rates which will be quoted on application. Special rates given im Special deposits Trusteeship

at

and Execatorship ander afts received for fed periods taken Safe Deposit Boxes for hi

to be obtained, on application.

PHILIP GOCKCHINES

O Chief Manager je

fanager. L. GOCKGELY Kong 115k ATTENDS | Asst. Manager:

EL SEU FONG Aust. Manager

Brussels

Hong Kong Silver Spot

522 Sellers 1/8/5/16 -2/57% 25 15/16 34:3/16 1054 War Loan 32%

British Wireless Service.

Forward

THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China) Capital paid up $5,000,000.

Reserves...

$7,200,000. Capital Savings Dept.: $500,000. Reserve Savings Dept. $600,000.-.

Head Office Shanghai

A Bank baring as its zufagion the Industrial development of China and the fostering of her comm cial relations, shesad: Hong Kong ofically. Los

China Bnaes Sh. $111⁄2 1: Singapore Traction 10/6 b. Singapore Pref. 22/6 b

Industrials Malabon Sugar 581⁄2 1. Cald: Macg. (Ord), Sh$191⁄2 n Cald: Macg. (Pref.), Sh$12 m. Canton Ices $180

Cements $6.20 z. Converted. H.K. Ropes $2 n.

Stores, etc.

Dairy. Farms $12.90 a. Watson $33.

»

Lane, Crawfords $3. sa. Mackintosh $9.

Sinceres $3 m

Wm. Powells, 70 cha m Wing On (EE) $100 x.--

Miscellaneous.

“HK. Amusements $1.85 n. Entertainments $6.40 n.. S. C. Enterprises $1.35 1

Macao "Greyhounds” $2′n.. Constructions (old) $140 n. Constructions (new) 45 cts. n. Vibro Piling $5-n:

Chu Gort 5% 1925 GBás-

92% 1

HK, Govt 4% Loan, 5%% prem

HK. Govt 32% Loan 2% prem.

Wallace Harpers §5.

the day's Tota

amounted to 294 shares and 9

The improvement in was maintained during the follow ling day, as the business done for the day was 350 shares and 1,023 bands Debentures figured large- ly in the transactions.

There were hardly any transac- tions done on the following, two days, debentures being practically the only listing which brought out; No.1 No.3 No. 1 No. 3 investors.

2.67 2.63 2.71 2.65 The outstanding feature of the Jan. (1935). 2496 2.44 252 246 Chinese Mar (New York Si:-

May

July ¡September December Montreal Silver:—

May July

¡September

December

2.45

1.42

Domestic Bond market 2.48 was the heavy slump of 96 Mil- lions, which, due to bearish tacks. Jost more than one point 138 1331⁄2 during the week Disbandment was 137 the next loser, registering net 136% losses of 25 to 35 for the whole. week. Aside from these two „"is- sues there were only small differ- eaces in prices at the close of the week.

137

75.10 75.60 75.30 76.35 76.506 76.50 77.505 78.00

There was a decided improve ja asked, b-bid, t-traded, n-nom ment in business transactions but

just the same the total for the six days represented a very small vo- RAW RUBBER PRICES lume, the average daily turnover

Latest Quotations From

Singapore

Spot 20% unchanged b. 2034s July-September 21% down 4 bu

being less than 10 millions.”

and the tendency became stronger

The week opened with dullness

SAVINGS

RENT

FOOD

CLOTHING HEAT

TAXES

WATER

CHITS

SAVINGS

SAVE SOMETHING

+

START NOW

DERWRITERS

VINGS BANK

THE FAR EAST,

INC.

iz. Life Bulking“

Hong Kong.

Tel. 30234.

when the market receded steadily is nsured? ?

--- All Claasen EST RATES VIR

Ameratic Underwriters Inc, Side:

lunder the strength of selling or-. Mesars. H. B. Joseph and Co. have ders. The heaviest setback was The received the following Straits Cur experienced by 96 Millions. rency quotations from Singapore for bearish movement affected all other issues as well, although: [Raw Rubber.

these did not decline very sharply. While all others advanced fur- ther on Friday the recovery for 96 Head Of Oct-December 22% down 34 Mitons was short-lived and it

221⁄2 B

went down by further substantial Jan-March 22% down 1 b, 23 fractions. Movements were incon- sequential on Saturday, with rains predominating.

Market: Basic

al Agents

HK. Offer

The B

Asta Life Building

Tel 38284

百