1935-06-20 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capizal

Issued and Fully Paid-up

Reserve Funds:

£6,500,000

Ne, nij

Sterling Siver $10,000,000 Reserve Liability of Pro-

prietors

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

$50,000,000

20,000,000 Incorporated by Royal Charter, 1853

KEAD OFFICE HONG KONG.

DOARD OF DULECTORS,

SE Podria ting.

Chachan,

CC. Knight Eq.

ENJOY

HEAD OFFICE: LONDON

Paid-up Capital

--~~~-~£5,000,000

20,000,000

Reserve Fund

SS,000,000

Reserve Liability of Pro-

prietors

000,000

Agencies and Branches:

Alor Star

Rangoon

| Axaritat

Ipad

Yapon

Baka

Junchi

Semmering

Bombay Calcutta

Tebe

Lampaz

W

Campore

Kuching

ਸਮੇਂ ਨ

Cebu.

Medres

MT. Johnson, Esq.-

Cales de

Modan

Hamburg

Baiphong

New York Paiping

Taiping

Toogiak

Twinstan

Zab

Deputy Charpan. *

1. X. Grybem. Eng. 1

Shied MangeT.

W. H. Bell, Esq., & Morrison Esq

A.H. Compton Esq...

Hon. Mr. J. J. Paterson, G. Miskin, Esq. I. E. Pearce, Est

AMOY

RANGEON

BATAVIA

BOMBAT

CALCUITA

CANTON

C13700

DAREN

POHON

HAIPHONG.

-HAMBURG HANKOW

HAREK

AZY÷SOE.

TOULO

JOHTORE KORE ∙FOWLOON.

PRANCIES :-

LONDON LIDAN

MALACCA

MANILA

MUAR Jokure) VUKDEN

NEW YORK

PEITTSO

PENANG RANGDON

SAIGON

SAN FRANCISCO

KUALA LUMPUR

STRANGĦAL

SINGAPORE

JINOURABAYA

SUNGEI PATANI

TIENTIN

TOKYO

TNINGTAO

YOKOHAMA -

? Cummer Ammonia oprani in tara! Cartere

And Fist pite seveiend for ner ingt ne aleciation form with in Toral Coagues and seroting on tumen which with he questeal an Application.

Hong Kong, 6th April, 1935.

HONG KONG SAVINGS BANK

The Bu al the mixove Haus in coodus- ed by the HONG KONG AND SHANGHAI BANKING CHEPORATION,

ohmed plication.

FOR THE LONG KONG AND SHANGHAI BANKING VEMIRATION

Harker.

Harbin

East Jone

TERTAIN

Shanghai

ommerce and Finance

COLONY TRADE FIGURES

Imports Up But Exports Down

Official Statistics

The Statistical Office of the Imports and Exports Department

to!

NEW YORK STOCK

MARKET

Caution In Trading

Still AdvisedTM

THDRAWING PREFERRED ON STRENGTHS

In their market report. Mesars. reports that the combined values. Levy and Company, carres of imports and exports of me pondents for Messrs. White Weld chandise during the first fire and Company, New York, state- months of 1935 amounted

Stocks. The - increased selec (291 milions)-tivity and Forrige Korbangs and General Banking Susie $288.4 millions

the lately growing Carren Arombe opened and Fused Depoise as compared with $2918 millions activity in low-priced shares had received for one year or shorter periods at 21 millions) in the corres indicated the approach of a trad- A. BREAKLEY, pending period of 1934 repreing top market during the past Manassenting a decrease of 12 per cent few days. Immediate selling to-

in terms of Hong Kong currency

Continued on Page ̃7} *- and an increase of 35.6 per cent.

whind. will be quoted on application,

Hong Kong, 1st January, 1935.

THE BANK OF CANTON, LTD. in terms of sterling values.

wwwwww-T

Established 1912. Head Office-Hong Kong

Authorised Capital

Paid-up Capital

Total Resourceš

Latest Quotations

N.X/London

cross-rate

Prev. Today's close close

49344.9374

12.729

Imports of merchandise during

The following quotations were the first five months of 1935 totalled $1648 millions (£167 Teceived by Renter millions),

with 29 compared $11,000,000

(11.8 millions) 8,655,000 $160.7 millions 32170.42 in the corresponding period of

1190 1934 an increase of 2.6 per cent NY Cotton Oct. Branches: Canton, Taishan, Shanghai, Hankow, Bangkok & San Francisco. in Hong Kong dollar values and X. Rubber Sep... 1251 London Bankers: Lloyds Bank, Ltd, 41-3 per cent. in sterling values Chicago Wheat Sept. 81% 90%

Chicago Corn Sept. 76% Foreign Exchange and Banking) Exports of merchandise during Montreal Silver Dec. 74.35 business of every description trans-the first five months of 1935 Silver Official ...... 724

totalled

(£12.4) $123.6 millions

compared with millions). $1310 millions (£9.6 millions): a decrease of 5.6 per cent, în Hong Safe Deposit Boxes (various sizes)Kong dollar values and an in- crease of 29.2 per cent in steri-1 Chief Managering values.

acted.

Current Accounts opened and Fixed Deposits received for one year shorter periods at rates which wì quoted on application.

Huin may be

for hire.

GRAYBUZN

Ume: Manag IT

Hong Kong. If houery. 20

THE BANK OF EAST ASIA, LTD.

Authorised Capitai

Paid Capital ......

Bewrie and Codice Pushem

-821,000,000 Da

--- $100,000,06

DEAD OFFIE-HONG KONG

De Vieux. De ante!

DONED OF DERMOTORS— jous cho. 25th,

FaLLa Sa, 2 wat San Yip

Ini From Clim. Fix & K. Zg. Time! Yua Tang, Le Cher this is Song Leg Wong Chu Tom El

Balstis

Ann To Po. Top ! Yanager. Li T F Em V TO

RomboJ

Calreta

BRANCHES AND AGERCUTS

Canton Raising Baniow

Homolcia

Santia

Networy Nagunkr

Cak

Perpins

Perat

Robe Kowloos Loadina

Ju

Interios

Tuo

*

Furunciero

Every demesigrum of Banting and Exchange bomeone smart Lane muted on approm-]

LOOK.POONG SHAN,

SAFETY FIRST 1. To Safeguard Your Valuables® and Jewelleries. Deposit them in a Vank that is really FIRE-PROOF BURGLAR-PROOF DAMP - PROOF!

22

753 73.60

Dow Jones Averages 30 Industrial 119.32 118.13 1.19 of. 20 Rails

33:93 -33.36 57. off 20 Utilities 2148 2184 36 up ** 96.54 96.55 .01 of

40 Bonds 11 Commodity Index:--

56.29 56.03 25 # Business Doze:-1,630,000 shares.

NEW YORK STOCK EXCHANGE

Latest Quotations

Jane 19. The following quotations were res Freived by Renters--

During the month of May, 1935. imports of merchandise amounted to a total of $35.6 millions (£4.3 millions), as compared with $28 millions (523 millions) in May, |1934: a dollar increase of 8.5 per cent and a sterling increase of $7.0

whilst per cent;

exports totalled $23.3 millions (£2.8 mil- lors), as compared with $27.0 milliors (£1.9 millions); a dollar decrease of 137 per cent. and a sterling increase of 474 per cent. The following table shows, com→ You may obtain a Safe Deposit parative figures of imports and Box in this most up-to-date Vault for exports of Merchandise and Trea- X.Y. Rubber your own use at a very moderate Re sure during the months of May,

1935 and May, 1934:--

OUR SAFE DEPOSIT VAULT located on the Mezzanine Floor, Our New building is Specially Con- stracted to provide all of these Im- portant Qualities.

tal.

Insection Cordialiv Invited. THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeux Road. Central

THE

IMPORTS May, 1935 May, 1934 Merchandise $35.560,834 82199,925 $ 2,845,698 $ 5,485,184 $38,406.552 $23.285,109

Treasure Total

Merchandise

Treasure

Current Accountų aprand in Lol Carmen AMERICAN EXPRESS COMPANY, T

and Fixed Deposite recited for our New shorter periode 4 Zoo and Formign Com 2016

on tax which will be quoted on application. .!

Imponit Ergon To Loh

Sa

XAN TONG PO

Chief Mann

THE CHINA & SOUTH SEA BANK,

LIMITED

(Incorporated in China)

Head Office...Shanghai

Capital

Reserve

$7,500,000.00

.$1,500,000.00

in China

Branches...All Important Cities

Foreien Exchange and Geper

Basicem trazancied."

Banking

Carret and Sering Accounts sproed, acud Fixed Deponit mired for one year of shorter pericals

at me which will be quoted on applicatio

SOC 'Z. CHANG,

INC.

Head Office:-65, Broadway,

Capita! Suplus

Reserves

ם

Antwerp

Arbets

Fi

Bertio

Bombar

Bawanain

Caim "Alructs

Colombo Copenhagen Danis Edinbor Florence

Manager.

Gene

HONG KONG BRANCH=

Branches

29. Den Voney Road, Central,

„Kaungres”“” Offer

Forviga. Felumen · Dept.

Gear Off

Cashier's Office

w

****

THE YOKOHAMA SPECIE BANK

*LIMITED.

Established 1880

New York

BRANCHES:-

Hariburg

Priping

EXPORTS May, 1935 May, 1984 $23,266,674 $25,020.079 $ 6,055,871 $ 9,632,543 $29 272,345 $36,654,992 EXCHANGES

TO-DAY'S QUOTATION

On London-

_U_S.$6,000,000.00

2,153,633.06 $70,731.05

On T.T. and demand

.2/3/2

Alum

The Hague

45 47PRI

Stiles Xiew Карие

Parie

4 Months', Sight

2/3/

Credits 4 Months' Sight 2/4

On Shanghai—

On demand

139

.98%

On Japan-

On demand

1941⁄2

On India-

Monte Carlo

+3736

Tokohama Zurich

On T.T. and demand

.151

Or New York........

On demand

56

Heidelberg Intermicom Amin pahangi

London

Licipaci

Leno

Luxor Barra

Manila

Manich

Vinotrux

Palermo Korterin Fore Shanghai

• Southampton

Singapore

TiDia

of American Express

On Singapore-

-On demand

NY/London NY. Cotton

July

30

July

Sept

C Whest

July

$4%

}| }

LOCAL SHAR

ATS QUOTATIONS

The following

the list of local fons' issued "to-day"

HK Rack $1,095 ₺, $1,025 sa

HK Bank (London) £11911⁄2 n Chartered Bank $14% n Mercantile Bank A & B. $1

Mercantile Bank C £1514 1. Bink of East Asia\$81, n."

· Ain: 0. Finance`Gorpa China 0. Fin. Ord., Sh. China 0. Fin. Pret. Sh”

Insurances

Canton Ins. $203 n. Union Ins. $347 1

· China" Underwriters. 40 China Fire Ins. $382 m. FLK. Fire Ins. $200`x. International Assee. $4 m.

Shipping

Douglases. $36 DË HK Steamboats: $4 n- Indo-Chings (Pref.), $30 1. Indo-Chinas (Def), $33 m.. Shell (Bearer) $71/3 n. Union Waterboats $11 1

Mining

Antamoks 71 cts. n. Malatoes ẻ 12- Baguio Gold 21 cts- n. Benguet Consolidated $10 n. Benguet Exploration 10 cts. I Benguet Goldfield $10 n. Big Wedge 8 cts. D Gold Creek 30 cts. a. Gold River 5 cts.

Ipo Mining 90 ets Itogons 31 cts. n. Salacots 12 cis, n. Kailan Mining Ad. 14/6 n. Langkats (Single) Sh. $14 S'hai Exploration Sh. $44 1. S'hai. Loans Sh. $51⁄4 z. Raubs $5.10 n.

Venz: Goldfield Sö 1. `

Docks, etc. HK and K Wharves $78

Cammerts. HK and K

$77 IL

"

Wharves ex right

H. E. and K. Wharves right $1

IL

HK. and W. Docks $914 Th Providents (old) 85 ets. Th Providents (new) 20 cts. D Hong Kew Sh. $240 n. New Engineering Sh. $4 mi S'hai Docks Sh. $90 D.

Cotton Mus

Ewo Cottons Sh. $3 n Shanghai Cotton (old)

56612#

PUBLIC AUCTIONS

HE undersized, have received

ructions to sell by Public *

בט

auction.

Saturday the 22nd, June 1995 commencing at 10.30 am..

at their Sales Room,

4-Duddell Street,

A Quantity of Suit Learths

Sundries

NEW ADVERTISEMENTS

HONG KONG BREWERS

DISTI

TOTICE IS HEREBY GIVEN that the THIRD ORDIN- ARY. YEARLY MEETING «t. and shareholders will be held in the

Room Company's Board

3rd Floor, Button Buildings, 1,

Comprising>—

Trish Linen, Palm Beach, Daddell Street, Hong Kong, on WEDNESDAY, 26th June at noon, Poplins, Ready Made Suits. for the purpose of receiving the breakable Glass Tumblers, etc Directors Report and statement of jetc.

accounts for the year ended sist December: 1934

On View from Friday the 21st June 1985.

Terms: Cash on Delivery

LAMMERT EROS,

Auctioneers.

#TUE undersigned have received Einstructions to sell by Pabijc Auction

On

Tuesday the 25th June 1935 commencing at 10.30am. at No. 17. Yak Sau Street, 2nd Floor, Happy Valley. A Quantity of VALUABLE HOUSEHOLD

FURNITURE

On View from Monday the 24th June 1935

Terms: Cash on Delivery.

LAMMERT BROS.,

Anctioneers-

Hong Kong, June 20, 1935,

HONG KONG RIFLE” ASSOCIATION- ·

The TRANSFER BOOKS of the Company will be CLOSED from 19th June to 26th June 1935 both days inclusive.

By Order of the Board of Direc- tors.

EM BARRETT.

Secretary.

Hong Kong. June 19, 1935.

CONSIGNEES NOTICE

THE BEN LINE STEAMERS, LIMITED

From LETTE, MIDDLESERO”, ANTWERP, LONDON AND STRATTS

The Steamship,

* BENVORLICH TM

Consignees of Cargo are hereby informed that all Goods are being landed at their risk fato the hazard- ons and/or extra hazardous: Godowns. of The Hong Kong and Kowloom Wharf & Godown Cas Ltd, whence and/or from the wharves delivery may be obtained. *

SPECIAL GENERAL claims will be admitted after the Goods have left the Godown". and all Goods remaining undeliver- ed after the 27th Jame will be subject

MEETING

adopted,

of

were

to rent.

A special-general meeting the recently-formed Hong Kong Rifle Association, at which the Rules of the Association approved and slight amendments, was held last must have Jevening in the board room of the attendance when damaged dutiable

South China Morning Post. it-goods are examined.

All broken, chafed, and damaged Col. H., L. Murrow, D. S. O. Pre- Goods are to be left in the Godowns. where they will be examined on the

All claims against the steamer

must be presented to the Undersign ed on or before the 11th July or they will not be recognized.

To comply with the General Bonded with Warehouse Regulations consignees Revenue Officer a

sided

There were present representa-26th June at 10 am, by Messrs. tives of the Hong Kong. Naval Goddard and Douglas

No Fire Insurance bas beez Volunteer Force, Hong Kong Vo

effected.

Bill's of Lading will be counter- lunteer Defence Corps, Royal Engineers.. Royal Welch Fusi signed by, liers Lincolnshire. Begiment, Punjabis Begiment, Royal Army Sh.Ordnance Corps, Royal Marines Hong Kong, 19th June 1935.

Hong Kong Police and the civi

Shanghai Cotton (new) $41lian community.

Last close

10.20 11.00 June 20 493 4933 493%

11.52 1152 115 11.20 11.4 11.19

12.63 12.63 12.69 1281 1276b 1279

81%

80%

812

83%

1.

4234 41%

Zoong Sings Sh. $82 n.

247 9434

Wing On Textiles, Sh. $55

영원

Th

K

31

94 41

9

Lands, Hotels, etc. HA. and S. Hotels $n, ELK Lands $33 1.

41%

NY. Central Standard Of

N

18% 18

26% 18%

4524 487% 334 ****

C. Corn July 82

West July STOČKS:— Amer Smelting 42 Con Gas NX. 244 Elec Bond &

Share

General Motors 31 Iat Tel & Tel Loew's Inc Montgomery

1 Ward

U.S. Steel

746

48%

LOCAL DOLLAR

DECLINES.

Silver Prices Drop

The local dollar has dropped a halfpenny, opening on demand this morning at 2/341⁄2.

Silver prices also declined a halfpenny, spot being quoted at 32

Credits 60 Days' Sight...58% 3/16 and forward at 92 7/16

Company in Principal cities of United On Batavia-

States of America and Canada.

All classes of Commercial Banking Transactions undertaken.

Personal handled.

investment

1823

.855

The London on New York cross- rate was quoted at £- US$499 as compared with £-US$493, while the New York on London. Credits 4 Months Sight .8971 Cross-rate was quoted at

US$4.93%, as compared with £ US$4931⁄2-

On demand"

On Paris-

On demand.

accounts

On Saigon

On demand

The Company offers to intending On Manila Travellers the rise of its "Travellers

On demand Chequer" and Letters of Credit (and,

Capital (full paid-up) Yen 100,000,000 in addition, the world-wide services On Bangkok— Reserve Fund Yen. 135,300,000 of its thoroughly equipped Travel On demand

Eead Office:—YOKOHAMA

Branches and Agencies at:

Alexandria

Nagasaki

Bataviz

Nagoya

Berlin

New York

Bombay

Osaka,

Calcutta

Canton

Paris

Feiping

Darren (Daly)... Rangoon Fenstien (Mukden) Rio de Janeiro

San-Francisco

Seattle Semarang

Harbury

Bankow

Harbin

Fonoinla

Heinking

Karachi

London

Los Angeles Mamie

Mon

Friturest, milowed for

Deposite risceived

at rates to be obtai

Department,

E. W. DUGGAN,

Manager.

-p854

113 RAW RUBBER PRICES

.81

Latest Quotations From Singapore

bank buying Sovereigns

rate

--j.2143

32-3/16] Bar silver per oz. Bar silver in Hong Kong... nom. Mesax HB. Joseph & Co. have Copper cash

„nom. [received the following Straits Copper cents

Da Currency quotations from Singa- 3% pa pore for Raw Rubber. Chinese sub. coin 30% disc Hong Kong san coin ... THE

THE WING ON BANK Rate of native interest.

LIMITED.

Head Office Hong Kong 76. Des Voeux Road Central Authorised Capital $10,000,000 LONDON BANKEEPSIL Westminster Band, Ltd. Foreign Exchange and every des-1 ription of banking business transact-

Current Accounts and Savings counts opened. Fixed Deposits-TO- ceived at rates which will be gnota on application. Special rates given Stor-Special depozitat soc

and Excentorship Safe Deposit Bares?” PHILIP

TP GOCKCHIN

Edertaken.

THE

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED

Cincorporated in China)

Capital paid up

Rezerves Capital Savings Depte

Reserve Savings Dep

Head

A Bank

the industrial

Cams and the

commercial relations abroad,

Phone'2148179

Spot 20% down / b., 20% 5. July-Sept 23% down 1% by 231/4

Oct-Dec. 22% downs by 2234

Jan-March 22 dowa / h, 234

Market:

BRITISH INDUSTRIES FAIR

HK Lands

4% Debentures

100% b. Shanghai Lands Sh. $201⁄41⁄2. n. Metropolitan Lands Sh. $10 Humphreys $8 11.

HE Benities $4. Chinese Estates $90 China Realties Sh. $4 n. China Debentures $123 n

Public Utilities HK Tramways $12.90 b. Peak Trams (old) $734 m. Peak Trams (new): $5% n° Star Ferries $77 n. Taimati Ferries $171⁄21⁄2 n. €. Lights $8.85-2 $3.85 82. HK. Electries $57 n. Macao Electrics. $2371⁄2 m. Sandakan Light $4 5. Telephones (old) $20 b., $20.104

Telephones (new) $83% n. China Buses Sh. $111⁄21⁄2 1 Singapore Traction 10/6 b. Singapore Pref. 22/6 b

Industrials Malabon Sugar 381⁄2. 2-

-Cald: Macg. (Ord), Sh. $1915

Cald: Macg. (Pref.), Sh. $13 mi Canton Ices $1.80 m Cements $54 n. Converted. HK Ropes $2 p.

Stores, etc. Dairy Farms $13% 21. Watson $24. Lane, Crawfords 8234 Mackintosh $9 m Sincerer $8 1. Win Powells Tũ cts. n. Wing On (HK)) $100 m... Mod Miscellaneous

HE Amusements $1.25 2 Entertainments $51⁄2 4. S. Enterprises $1.35 m. Macao Greyhounds $21. Constructio (old) $1.40 n.

(new) 45 cts

to fix Chinese It was decided New Year as 2 provisional date for the first local Bisley meet- ing.

The following officers were elected: President-Col L

Vice-Presidents Col Murrow; * H. C. Harrison, Mr. C. A. Grimes and Mr. A. W. G. H. Grantham; Hon. Secretary-Major D. E Steers; Hon. Treasurer-ME. T. G. Stokes Two Representatives of individual full members- Mr. W. P. Scott and ME RE Woodman.

Those present at the meeting were 35 follows:Col. H. L Murrow (President), CoL EL C Harrison, Major D. H· Steers, Major D. F. W. Warren, Capt. D. 1. Grey, R. M. Lieut. E. C. Park er Pervis, Lient. J. D. Pattulo, Messrs T. G. Stokes, R. J. D. C Grieve, D. W. Waterton, & Cry- an, HJ. Stephens, El Mann, R Tuppen, C. A. Grimes, A H Overy, A. Bigley, H. S. Powell, B. HP Tonkings, J. Ottley, J. Sheen. L Hedges. A Le Poide vin, A. E. Haynes, T. M. Parsons, BH Woodinan. F. P. Sequeira, LB. Holmes, J. L. Tetley and CEL Moore.

(Continued At Foot Of Next Co2) |

Is It Insured?

Insurance Al Ciruses LOWEST RATES American Asatie Underwriters

Fed Inc, USA General Agents"

Head Ofice 17. The

HK. Office

Baiding Tel. 30231

GIEB LIVINGSTON & CO. LTD.

Agent

Everything

gone

BUT YOUR

SAVINGS

RENT

FOOD

CLOTHING

HEAT

WATER

CHITS

SAVINGS

SAVE SOMETHING

START NOW UNDERWRITERS SAVINGS BANK-

FOR THE FAR FAST.

INC

"Asia Life Building, Eor Kong

Tel: 30234

the conclusion of the

Holmes vote of

BAGGAGE TRANSFERS

Vibro

55% 1925 G&Bds

Telephone

27761