BANKS
·HONG KONG AND SHANGHAT
THE CHARTERED BANK OF
BANKING CORPORATION. INDIA, AUSTRALIA & CHINA.
Authorised Capital
$50,000,000
Issued and Fully Paid-up,20,000,000 Incorporated by Royal Charten, 1958. Reserve Funds—
Sterling £6,500,000
Süven .... $10,000.000
Eeserve Liability of Pro-
prietors
HEAD OFFICE BONG TONG.
BOARD OF DIRECTORS.
SH. Downll, Eaq.
Chairman,
HEAD OFFICE: LONDON
Paid-p Capital
20,000,000
Reserve Fund
Reserve Liability of Pro
prietors
£3,000,000 £3,000,000
£3,000,000
Agencies and Branches:
Alor Stee
pa
Bangoon
Saigon
Bangkok
Karachi
Batavie
Кале
Bomber
Боле
Caleesia
AH. Compton Esq
Cawnpore Coba
MT. Johnson, Esq. Colombo
Hon. Mr. J..
I. J. Paterson
Delhi
Kuching Madres Manila Medan.
Taiping
Tekstein
New-York Perping
king) TRENDE
Tongkah
(Baker) Tit Yokoham Zambonings
C. C. Haigh, Eng.
Deputy Chairmana,
Sí, decrburn, Esq.
Chief Kaonger.
W. H. Bell, Esq. 5. S. Morrison Esq. Canton
G. Miskin, Esq. T. E. Pearce, E- Hambur
BRASCHEN
ANOT BANGROX BATAVIA
LANDOX LIONS MALACCA
MANILA
CALCUTTA CANTON
CHEFCO COLOVRO DAIRES
· FOOCHOW HAIPHONG
EXTEING HANKOW HARBIN
HONGREW
FOTO
AHORE
ROBE
FOWLOON
MUAR (Johor)
MUNDES.
NEW YORK
FEIFING
WENANG
BANGOON
SALOON
DSAN FRANCISCO
SKUALA KLUMPUR
SHANGHAI
SINGAPORE
NOU BABATA
SUNGE PATANI TIENTSIN
FOXYO
TSINGTAO
YOKOHAMA
Cantante opened to Toral Care Fre and Fixed garsaithe pepsin for new pase i White si tapai Pampany and titmpliste of windy will to eated on application.
on t
Hong Kong, 6th April 1335.
Hankow Harbin
Semanag Serwerben. Shanghai Singapore Aipiwan
Bong Joo
Foreign Exchange and General Banking basizom, mard
which will be quited on soočicalion.
A. BREAKLEY.
Manage Hong Kong, 1st January, 1855-
CHIRA-MAILS SATURDAY, JULY
Commerce and Finance
NEW YORK STOCK
MARKET
Confidence In Fall Business Prospects
EASY MONEY DOMINATES SITUATION
SHARE MARKËT
Messrs. Harriman's Weekly Report
1915
WEEKLY MARKET REPORT
Conditions Still Unsettled
CHAOS FOLLOWS US.
COURT DECISION
and
BELFAST LINEN MARKET
Effect Of Jubilee Celebrations
UNCERTAIN OUTLOOK IN AMERICA
Messrs. James F. Hutton
The Irish Linen Society report- Co., Ltd reported as follows oned as follows on May 29-
June 5-
ゴロー
Irish
Flax
NEW ADVERTISEMENTS
NOTICE
HONG KONG WATER SUPPLY
r
TT is hereby notified that com- is Public marketing
mencing on MONDAY, July-X finished. for the season. Rain constant supply of water to all districts on the island will be given.
Messrs. G. A. Harriman and
Towards the close, of last week Co's weekly share report and conditions became rather market review issued at noon on settled due to the chaos arising would be welcomed for the grow
Courtrai Steady demand, es-
Saturday states:-
out of the United States Supreme in crop. There is very little of note to Court decision, coupled with the In their market report. Messrs. report on during the week under gloomy utterances from the White Pecially for lower end. supplies review which has been rather House. Most officials were of the moderate. Fresh rett being hurried SE Levy and Company, corres
The volume of business opinion that any attempt to decide forward. prices very firm. quiet
Latvian The Government Flax. pondents for Messrs. White Weld
transacted was small and cons loan on the 1935 crop is unlikely and Company, New York, state: fined mainly to investment coun- before the estimate in August. Department has reported fair
Au- "Stocks:-Comidence in
THE BANK OF CANTON, LTD. Senate
Established 1912.
Head Office:-Hong Kong.
Authorised Capital
Paid-up Capital Total Resources
$11,000,000)
on
The
The
are
R. M. HENDERSON,
Water Authority. Public Works Department, Hong Kong, 5th July, 1935.
COLLEGES
Appropriations Announced
$115,617,547 TO BE DISTRIBUTED
Nanking
Correct Accounts, extend and Psd Deyo tamn business prospects and the tea Hong Kong Trams came to and some doubted whether sales during the past few weeks. business at $13/13.10 Hong Kong view of the present conditions the The bulk has been sold on the monised for que year or shorter periods at rates extreme ease in money continue Telephones closed slightly better 12 cent figure would be possible. Continent. The official quotation UNIVERSITIES AND to dominate the markets, offset with enquiries at $21.10 after be It is known that officials are is very stiff Sowings are due to ting any temporarily discouraging put through at $2090. Star inclined to oppose the loan, while start this week ing political developments.
Esthenian. Recent sales Ferries and Hong Kong Electrics political pressure is being exerted Utility Holding Company Bill is
were steady with buyers at $762 to advance growers 12 cents per limited to small balances of stock. now slated for action by the
and $58 e respectively. Daizy pound again for next season. The Prices continue very steady. The Monday. Business Farms changed hands at $15 pool manager expressed the opin-season is almost finished. done:-$80,000 shares.
Hong Kong Lands were rather for that the court decision is un- Lithuanian. The new approved "Cotton:--The weakness of
neglected after sales reported at likely
to change the situation brack has stimulated sales since it wheat has inspired liquidation of
Minor issues were even + $34/3474-
into operation. Stocks of if the Bankhead Act is came October cotton by recent buyers almost unchanged with business thrown out, because growers are the better districts are now bet 3655.00 "Spot Louses were sellers of Occone in Hotels at $4 and China co-operating and an
acreage re coming low. Market firm. Owing 32170,492 tober, possibly against purchases Lights at $5.75/8.80. Watsons netion is a certainty-
to the low temperature sowings Appropriations for national Branches: Canton, Toishan, Shanghai of Pool cotton. Anticipation of were sought for at $30.
universities and colleges for the Hankow, Bangkok & San Francisco. a
Trading in cloth and yara has have not yet started. bullish Government acreage sterling section was rather firm not shown much improvement, the Soviet. The Russian authori-24th fiscal year have been *M* London Bankers: Lloyds Bank, Ltd.
on Monday has been Foreizen
easier exchange.wider fluctuations during the past, ties Exchange and Banking
en a slightly
considerable nounced by the Ministry of Edu-- Hong Kong Banks were in business of every description translargely discounted
de-
few days being a deterrent fac quantity of flax and tow during cation. The "Rubber:-A holiday and in mand at $1075 and Unions could
there has been the last few weeks. Their prices $115,617,547 is distributed as fol- Although Current Accounts opened and Fixed ventory affair. The actual mar be placed at $375 The tone of rather more activity in Deposits received for one year orket was steady-
certain to-day are slightly higher. Posi-lows: Total sales the market at the close is quiet- quarters purchases shorter periods at rates which will be
have beention is strong. Latest news is 130 lots. quoted on application.
that I million hectares have ly steady.
limited to meet urgent needs. Safe Deposit Boxes (various sizes) | "Coppers-Pending
Business during the week has for hire
Indian business continues dis-been sown to date, which is fully lof active demand for consumpį been done at the following
appointing, although dhosties have 70/75 per cent. of the Flan." tion we would confine purchases prices
Yams been in rather better demand for to future declines.
Calcutta Light whites, white Yarns have been bought freely,
tows and fine line Shai Medical C.. shirtings and prints have been in especially
self evident Tung Chi-U- some request for Karachi, Madras counts, as it is now
as well as dyed that no relief can be looked for Chediang U. and Calcutta. goods for Bombay, but as yet the so far as raw material is concern We Han U.
Shantang U tarnover has only been moderate..ed
Chung Shan U. H. Govt Loan 6% prm Where large quantities have been
continneslo Hanchow Art C Damask yarns Star Ferries $76%-
mentioned the affers have been Purchases for Continental account College of Music. 22,000 -10,000
are also increased, and in some Peiping U.
HONG KONG SAVINGS BANK acted
The Sunniest of the stove Bank in conduct
BANKING CORPORATION. Filies may be oblamed on uppista.
FOR THE HONG KONG AND SHANGHA BANKING CORPORATION,
Y. M. GRAYBUEN,
Chart Hionger.
Bang Bangs Teary, 2016
الحمد
THE BANK OF EAST ASIA, LTD.
Aetherized Capital .....
Tid-up Capital
Beverse and Endise
(80,100,00
HEAD OFFICE-HONG KONG.
12. Dr Yuruz Kasdi •Total.
BOARD OF DIRECTORSP
Sir Shown DET ENG WOTE! Yun Tong. EM Chan Church, Esq. La Sang. Eaq. Wong Chu Son. Tog, and Exo Tin Po. K
Li Tom Chun, E P. K. Kink
Yutatio
Kan Tong To Event Manager. Li The Feng, Z. Y.
Courte Canton Haiphong Hankow
BEANCTIFS AND AGENCI
Menila
M-bourne
Surabaya "Simates
Madnes
LOOK POONG SHAN,
Chief Manager
SAFETY FIRST! To Safeguard Your Valuables and Jewelleries.
Deposit them in a Vanit
that is really: FIRE - PROOF BURGLAR - PROOF- DAMP-PROOF!
OUR SAFE DEPOSIT VAULT
report
*
revival
HK Banks $1075.-
Union Insurances $375.- Raubs $5
OR
HK. and W. Docks $64 China Lights $8.75/8.80. H.K. Electrics $58--
"Wheat: - Uncertainties те garding the Winnipeg price po licy had an unsefiling effect ¡Traders. Much of the wheat re- Tust cently bought on fears of has been liquidated. We would advise cantion until the Winni [per policy is clearer. Total sales: Wheat: 29,928,000 bus- bels: Corn:-7,726,000 bushels.
located on the Mezzanine Floor of "Flash-Brokers' Loans dur- Our New building is Specially Con-ing the past week totalled. 3952,- structed to provide all of these Im-1000.000 as compared with $904,- portant Qualities.
You may
7000,000 the previous week. obtain a Safe Depositi Box in this most up-to-date Vault for The American Cotton Crop your own use at a very moderate Re-Service estimates acreage at 29,-)
1077,000 acres, which is construed las rather bullish. Weather con- Faitions in the Cotton Belt
11
tal
+dian of these
Kom York
'bute
T
Dis
Roadvie
T1126-I
J
Kowloom. Loredemo
M
Mansonpar Tohoitama
Esary ¿moription d Barking and Erince buzizana trennbetený. Londa granted ou, approved!
Inspection Cordially Invited
THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeux Road, Central
THE
Current Armuel aproed in Local Currency AMERICAN EXPRESS COMPANY.
and Fixed Dugte merived for car
«bort period in Loei and Forza Camencing
veeten wekenis will be quoted on applicaties
Sale Deposit Done To Loth
aas rasa yous,
THE CHINA & SOUTH SEA BANK,
LIMITED
All Important Cities) s
INC.
favourable.
Latest Quotations
are
HK Hotels $4-
HK Trams $13.-13.10. Telephones (old) $20.90/21.10- Humphreys $84.
HK Lands $34-/3472. Dairy Farms $15.~-~-
tor
hopelessly over the
---
have
sold a
total
amount of
Main Extra307-
University or College Central U Shangazi Commer
cial C
tenance dinary E- Fund penditure -$1,720,000. $140,000
115,692
34,308
250,000
630,664
690,000
769.095
917,106 320,000 532-782 12.000 ... 1,776,000 550,000
120,000
Chipan U
A small enquiry for tancies cases advances have been paid to Peking U. from China has resulted in a few secure delivery. Belgian spinners lots being placed, whilst some have issued advanced lists.
Weavers trade has been done with Rangoon
The position of manufacturers
in fine cloths.. Singapore has been very quiet but a few white shirt is much the saine as last reported.
80,000
1,437,103 27,282
900,000
GILLES
Peiping Normal Us Peiyang Engineer-
inx C Peiping Art C... Peiping School for Mongolians and Tibetans
$21,000 120,000
2,000
596,640 €69,024
84,000 20,000
NEW YORK STOCK ings have been placed for Colombo. New orders are slow. but as is Ising Bua U. Fel-
EXCHANGE Latest Quotations
+
600,000
Central News Agency.
Egypt has enquired for bleachers usual at this time of the rear lowships Fund and tanjibs whilst moderate quan- small sorting-up orders are being Szechwan U.
Dental C tities of prints have been taken placed.
Preparatory Com- There is a fair amount of en-
mittee, North- for West Africa.
South Africa has continued to quiry for the different ranges.
western Agricul-
Inly .6.
show interest in dress goods and particularly in dress goods and sure and Forestry
School manufacturers are The following quotations were ceived by Beater
The following quotations were re-heavy cloths, whilst more business suitings, and
has been offering for South Amer hoping that bulk buying will soon received by Reuter:-
start again. Prev. To-day's
close 10.20
11.00 ica in poplins, prints and dyes.
Merchants close
Close NY/Londen 4.9424 494 494
Little of note has transpired KY. Cotton
since 4.34% 4.95
Oc
the last report, the NEW TELESCOPE TO 1180 11.53
[NY. Rubber
Jibilee celebrations somewhat af-| 12.32
Doc.
PIERCE FOG 713.
72.00
{N.Y./London
cross-rate
19.12
69
Dow Jones Averages
9
THE MERCANTILE BANK OF
INDIA, LTD.
11:80 11.66 11.70
1202 1251 1250 COMMODITY PRICES fected the general trend of sales
| Amer Smelting 414
Con Gas. NYT 26%
جو
The following quotations have, tions Ibeen received by Reuter.
Pres. Yesterday Closing Closing
Chad Muungef
Head Office:-65, Broadway, New York
N.Y. Cotton Oct NY. Rubber Sept.
Capital Surplus Beserves
Chicago Wheat Sept. 86% Chicago Corn Sept. 75%
C. Wheat
Sept,
$6%*
.U.S.$6,000,000.00 2,183,633.06 $70.73105
Montreal Süver. Dec. 71.50
•
De:
88%
86
Silver Official ..........
C. Corn
Sept.
2434
Armeerdam Antwerp
(Incorporated in China)
Atheas
BRANCHES:-
Genos
The Harro
-xx
Head Office ...Shanghai
Banja
Capitel
.$7,500,000.00
Berlin
Beserre
$1,500,000.00
They
Branches
in China
Forsign
Exchange
and Cevers
Banking
Панарет"
Enment
Cairo Caleyta Gant Colombo Copenhagen Debün Edinborgh. Flamenc Gepers
Internice Jerusalem Londog
Litripol
Luberbe Logans Luxor Kornelion Fonte Carlo
Manila
Milno Nice Sapins Piramis Hamare
Paris HAY
Paiping Heidelberg Palermo Botterda Ratoe “Shanghai- Southampton Simon
"Torming
Venice Tokobams Zurich
30 Industrials 118.51 120.61 180 up. 20 Pails 20 Utilities 22.58 22.78 20 up 40 Bonds 92.01 9717 16 up 11 Commodity
Dec.
6-4
6334
32.37 3262 25 up
42.
26
Elec Bond &
New York Cotton
Share
9 10
July
Index
56:29 54.91 138 off Business Done: --$80,000 shares.
General Motors 3344
33%
In: Tel & Tel 10% Loew's Ind
41%
10% 414
104
October
11.80
41
December
11.75
12.13 11.86 11.53 1154
Montgomery
January (1936), 11:76
11.50
Ward
NY. Central
23 26%
28 March
11.83 1177
1***
Standard Oil
NJ.
May
1188
474
Spat
12.45
11.62 12.20
33% 34%
34%
New York Babber:...
July A
12.25
12:16
12.42
12:32
December
12.62
12.52
January
12.68
12.59
March
12.33
Chicago Wheat: ||July (2)
868
81
86%
81%
88%
83%
-81
79
75% 64
732
Besides impBOTAŽ
Current and Swring hernunta sprzeć wod Fised Deposition seined for nor year or shorter periodu
at putes with will be quoteë en appišession.
SOU Z. CHANG,
HONG KONG BRANCH:
24, Des Voeux Road, Central.
Ke
Forsian Exchu D-pt.
Gambier's Other
Ocarral. Ober
SPOKA
THE YOKOHAMA SPECIE BANK LIMITED..
Established 1880
Capital (full paid-up) Yen. 100,000,000 Reserve Fund ..... Yen. 125,800,000
Head Office:-YOKOHAMA
Branches and Agencies at:
Alexandria Batavia
Berlin
Bombay
Calcntis
Ganton
Dziren (Dalny).
New York
Nagasaki
Nagoyz
Osaka
Paris
Priping Rangoon
San Francisco
Seattle
Fengtien (Makden) Rio de Janeiro Hamburg
Semarang
Shanghai
Singapore'
Farbiti
Kong
Hinking
ourabaya
Sydney
Sentsin
Tokyo
swed"
Munich Mostret
Branches of American Express Company in Principal cities of United States of Ameries and Canada, ...
All classes of Commercial Banking Transactions - undertaken.
Petronal investament handled.
·HEAD OFFICE:
H. Gronchurch Street, London, ECA-
Authorised Capital
Subscribed Capital
Paid-up Capital
Reserve Fund & Eest BANKERS:
accounts angiot
Bombay Colectia
Kandy Karachi
£3,000,000
1,800,000
1,050,000
1,247,432
The Bank of England & Midland Back Table ERANCHES :
See Tork PERADE Port Louis
(Mauritian) Kanta Lipis
Pangoon Kuala Lamper Shanghai Kuantan (Pibang) Simula Kada
Galle
The Company offers to intending Colombo Travellers the use of its “Travellers Delbi Cheques" and Letters of Credit and, Hong Kong in addition, the world-wide services Boris of its thoroughly equipped. Travel Department
E. W. DUGGAN,
Manager.
Kota Bharu.
Singapore
HONG KONG BRASCH "Every description of Bealing, and Exchange Business temammonaď
Travellers Chogone Secundi
Trustee and Executorships under- taken
INIERËST allowed" on Current Anconate and Fixed Deporita si Bates, that may be morrtained (2}'en application..
THE WING ON BANK
LIMITED
Head Offices Hong Kong
Des Voeux Road Centrali Authorized Capital $10,000,000
LONDON BANKERS: Westminster Band, Lid Foreign Exchange, and every des cription of banking business transact-
Current Accounts and Savings Ac counts opened Fized Deposhs ceived at rates which will be g on-application Special exte for pleciał deposits.
Trusteeship and Fareen ertalcene Safe Deposit Boxes
LISHU FONG)
Manager,
Dusenči Rosé Carmala”
My Manager.
Hong Kong, 1st April, 1925.
THE
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED Cincorporated in China)
др
US. Steel
H.K. SHAREBROKERS September
ASSOCIATION
Stock Report
"The following report was issued September by the Hong Kong Sharebrokers' December: Association yesterday afternoon.
Underwriters 20 cts. b. 20 cts. Chicago. Com:---
- B
Douglases $35_b.
Autamoks 68 cts XD K
Baguio Gold 22 cts b. Beng Explorations 13 cts. Big Wedge 9. cts: b Salacotis: 11-ets. b. Vens Goldfields $2.15 b. Hotels $4 b
Wharves Old. $75 3.
July
September
December
Winnipeg Wheat:- July August
in the Household Linen sec- of the various stores throughout the home trade, and. although day-to-day orders in this class of goods continue to come in, nó great improvement in volume has been recorded.
Believed Device Will Change Tactics
Tokyo
The invention of a powerful In the United States the some-telescope which, it is claimed, what uncertain outlook is still will allow visibility through making buyers cautions of pur-smoke screen and thick fog, was chasing goods, which, in view of
recent events, are being offered at revealed here recently in the favourable prices; goods of this list of patents published in the class being almost impossible to Official Gazette. replace at the present level:
Informed circles believe the
In the Cambric and Sheer end. piece goods continue to be telescope, invented by Mr. T Nakiyama will revolutionise normal demand, but the Intest
military tactics, in addition to developments in the United States providing a useful safety device of America, both in connection in navigation. The instrument 12.74 with the Codes far as they is based on a special arrange- affect wages and the silver ment of lenses, to overcome the policy, will make the position even reflection of the sun's rays more diffenit for manufacturing
concerns there. The demand for
finished handkerchiefs in this]
market still remains considerably POLICE OFFICER'S
below the usual figures for this time of year. 62% Dress Linens. Notwithstanding adverse conditions in USA-bay-
80 80% 8174 80
New York Sugar:—
H.K. Docks $6% b.
July
Trams $13 b
Ferries $760% b.
Dights $8.75 b. $8.90 6. Electrics $58 b.
0;000,
„Telephones ---017
$20.80
Telephoner Ne Canton
$20.90 B
Dairy F
paid
48 b
ers are taking deliveries of goods on order, and placing some re
Deats for dress linens and suit- ings Home and shipping busi- ness continnes: satisfactory for No. 1 No. 3 No. 1 No. 3 plain and novelty dress fabrics
Can Con Con. Con 220 2.331 2.35 2.34 231 241–239 238 235
2.46 236 2.45 233 Is It Insured?
Jan(1936) 2:29 214 229 210 Mar
215
New York SM-3 July
Red In General
2.12
LOWEST
131
1312
“American Ast
1.33%
132
133
7000
69.50
70:30
7080
DEATH
Inquest On Sergeant. Kennedy Yesterday
VERDICT OF SUICIDE
Az inquiry was held yesterday by Mr. E L Wynne-Jones, at the Kowloon Magistracy, into the death of Police Sergeant James Kennedy, who was found shot through the head in his quarters at the Mongkok police station" on June (
The jury decided
not be
No comments yet.
Private notes are available after approval.