1935-07-11 — Page 6

Mamyur. Hong Kong, 1st January, 1935.

TO-DAY'S QUOTATION

On London

On T.T. and demand

2/134

4 months' sight

2/17

$21,000,000

8.655,00 On Shanghai 32,170,492

Credits 4 months' sight

2/3

Antamoks 70 cta. De

-On demand

154

Balatoes $131.

92

Baguio Gold 23 cts. n-

18214

Benguet. Exploration 10 ct

142

Benguet Goldfield 10 cts

Big Wedge & cts. $--

Gold Creek 30 cts. D.

On demand

534

Safe Deposit Boxes (various sizes) for tire.

Credits 60 days' sight

55%

Gold River 5 ets. D

Ipo Mining 90 cts. n.

On. Batavia

Chief Manager

On demand

77%

Itogons 36 cts. a.

On Paris

On demand

200

BANKS

·HONG KONG, AND SHANGHAI BANKING CORPORATION

Authorised Capital

$50,000,000 Issued and Fully Paid-up 20,000,000 Reserve Funds:

Sterling £6,500,000

Silver

0,000,000

Reserve Tiability of Pro-

prietors

HEAD OFFICE HONG KONG."

DOLED OF DIRECTORS...

3. & Dad E

Chairman.

CC Esch Enge -

Deputy Chairman.

T. M. Grayburn, Esq.

Chief Manager

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

corporated by Royal Charter, 1853.

HEAD OFFICE: LONDONTM

Paid-up Capital

Ipoh

karachi

Sersandar

20,000,000

Reserve Fund

Beserve Liability of Pro-

prietors

£3.000.00 ES,000,000

£3,000,000)

Agencies and Branches:

Line Hote

Colo

Banglant

Bang Saugom Semeren't

Fatevim

Xiang

-Bombay

Sobe

Calmsta

Lampor

Eachine

Madran

Taiping

Mamia

Tambah

Delhi

Medan

Tezgah

Haiphong

Banker |Barber

New York

Priping

(Peking)

Zong Sour

W. H. Bell, Esq., K. S. Morrison Extr

A. EL Compton Esq

31. Johnson, Esq., Colorado

Ho M. J. J. Paterson,

G. Miskin, Esq. T. E Pearce, Esq. Hamburg

ANOT

BANGXOX

BAZANIA

BONRAI

CALCUTIL

CAXTON CHEFOO COLOMBO

DAIREN Poochote HAIPHONG

BANKERG

BANKOW

HARBIN

HONGKEW

HLOTIO

ZPOR

JOHORE

FORE

KOWLOON

BRANCHES

LONDON

LYONS

KALACCA

MANILA

MCAR obore)

MÜKDEN

NEW YORK

PIPING

PEXANG RANGOON

SUGON

SAN FRANCISCO

KUALA LUMPUR

SHANGHAI

SINGAPORE

SURABAYA

SUNGE PATANI

TEXTSRS

*

ISINGTAO

УОБСПАМА

in Loral CareOKEN

Curmet rousite nord felt tone your ve and Freed Dogmaita whoren Loral Company and Howling me term linh siti de quomo un aspirasier.

Eong Kong, 6th April 1995.

HONG KONG SAVINGS BANK.

The of the above Dana in condut ed by the HONG KONG AND SHANGELAZ

sband

FOR THE LONG KONG AND SHANGHAI BANKING CORPORATION,

V. M. GRATBERN.

Hong Kong From

منس

Shanghai Nogspore Site Mana

Doorsbaya

(Haber) TiDermo

Tokohama

Lisboanga

THE CHINA MAIL THURSDAY BLY 11, 1935

Commerce and

Finance

LOCAL DOLLAR. ADVANCE

Silver Prices Improve

LOCAL SHARES

TO-DAY'S QUOTATIONS

NEW YORK STOCK MARKET

Improvement In Rail Issues

BULLISH POLICY IS STILL WARRANTED

GENERAL BUDGET FOR CHINA

Receipts Balance.

Expenditure

LARGE APPROPRIATIONS GAZETTED

The National General Budget For the 24th fiscal year (July 1

In their markes report Messrs. SE Levy and Company, corres The following is the list of local pondents for Messrs White Weld 1955 June 30, 1936) was off- cially promulgated by the Na-

The local dollar has advances / Share quotations issued to-day and Company. New York, state-tional Government in its Gazette)|

a halfpenny, opening on this morning at 2/1K.

demand

Both spot and forward silver also advanced" to 31% and 31- 15/16

The London on New York crOSS- rate was quoted at S-USH- 967 as compared with S-US. $497, while the New York on Foreign Exchange and Geberal Backing business London cross-rate was quoted at Cocrent Accounts opened and Fixed DS-U.S.54.96%, as compared with received for one year of shorter periodu na razen £-US$496%--- which 2 de quoted on spudicacion

transacted.

A. KREARLEY.

THE BANK OF CANTON, LTD.

Established 1912.

Head Office: Hong Kong.

Authorised Capital

Paid-up Capital

Total ResourcŁA

2

EXCHANGES

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

London Bankers: Lloyds Bank, Lid,

Foreign Exchange and Banking On Japan

business of every description trans- acted

On demand On India

Current Accounts opened and Fixed! On T.T. and demand -Deposits received for one year ori

shorter periods at rates which will be On New-York—. quoted on application.

·

Chief Maungat

LOOK POONG SHAN,

Banks HK Bank $1050`s., $1150 sa HK Rank (London) $109 Chartered Bank 414 Mercantile Bank A and

$30

Mercantile Bank C. 18 Bank of East Axia $81 m.

Insurances

Canton Ins. $203. D. Union Ins. $3677 1 China Underwriters 40 cts. S China Fire Ins. $382 n. HK Fire Ina $200 n. International Assce. $4 m.

Shipping

Douglases $36 1.

H. Steamboats $4 n. Indo-Chinas (Pref), $50 n. Indo-Chinas (Def.), $12

Sbell (Bearer): $70/- 1. Union Waterboats $114

Mining

Salacots 12 cts.

Kailan Mining Ad. 14/6 n.

recenly.

Stocks: The improved tons in railroad issues has added further

The grand total of receipts and confidence to the present rather],

expenditure amounts to $957,154,-| favourable market outlook. Many o06. The following figures are traders here are anticipating based on a report published in the reaction, but aside from normal evening edition of the Sin Wan profit-taking at around the current

Pac: high levels, no important liquida- Items

Our view is Customs Duty tim has appeared.

Commis- that a bullish policy is still war-Collected by

tioners of Customs ranted Business dane: 1,150,000 |

Tobaces, and Wine Ta shares.

Stamp Tax Government Graitis: - The

Consolidated Tax wheat crop estimates are bearish. Mining Tax but since the compilation of the Stock and Commodity

Excha Sgures on July 1st, rust reports

Income Ta have increased and threshing re- Ranking Tax turns from the South-West are Revenues from National Government Properties proving to be very disappointing-

Eerentes from! National (Continued on Page 7)

Government

Enter

COMMODITY PRICES

The following quotations have

Tax

National Administrative

Receipts

Net Profits of National Goverment Operated Business

Other Receipts

T

NEW ERTISEMENTS

VICTORIA RECREATION

CLUB

THE SECOND NIGHT HETE will be held on SATURDAY. July 15th, 1985, commencing 19.15 pm

DF. LOPES,

Hon. Secretary.

Hong Kong, 11th July, 1995

HONG KONG TELEPHONE COMPANY, LTD.

N

Notice Of Interim Dividend

TOTICE I HEREBY GIVEN that an INTERIM DIVI- $326,361.400 DEND -∞f FOUR per cent (4%) for the six months ended 30th 184,219,044 June 1985, amounting to FORDY“

Amount

12,000,000 cents per share on the Fully Paid Up Shares and TEN cents per 113,498,17

$ $43,124 share on the Partly Paid Up Shares of the Company will be ∙1.950,000

FRIDAY. the 2nd 5,000,000 paid (non 1,600,000 AUGUST, 1935, on which date

Dividend Warrants may be ob 6,767.910 tained on application at the Re- gistered Office of the Company. 20,659,255 Exchange Building, 4th floor.

The TRANSFER BOOKS of the 10,815,963 Company will be CLOSED from THURSDAY, the 25th JULY, to 40-268,551 FRIDAY, the 2nd AUGUST, 1935,

3.77,166 both days inclusive. By Order of the

Extraordinary Receipts

15,000,000

Board of Directors,

J. P. SHERRY,

Manager- Hong Kong, 5th July, 1935.

Benguet Consolidated 124 cts been received by Reuter.

Prev. Yesterday

Closing Closing

Customs Duty

n

Revenues from National

New York Cottons-- July

Government Properties

7840

12.08

12.3

Revenues from Nationa

October

11:75

11.50

Government

December

11.73

11:78

prises

January (1936) · 11.72

11.76

National Adan

March

11.77 11.80

Receipts

195,664

216,006

Nj

Beceipts from National

Mar

11.82

11.35

70,000,000

Spot

12.40

12.45

Other Receipts

109.793,197

New York Rubber:-

G.

R

$10,000,400.00 $5.508,608.00

Tionglade

Kobe

Loudou

Fowlogo

Amoy

ba

Suomala

Canton

Haiphong Jankow

Part

*

bas macro

Takra

Viscount

whangha

Kingspor

THE BANK OF EAST ASIA, LTD.

Authorised Caption]

Pard-up Capital, wind.

Berve and divided Just480,000,00

HEAD OFFICE HONG KONG

21. Due Fire Boad Ch

BOARD OF DIRECTORA

Soen Cher E. P. X.

SAFETY FIRST!"

•To Safeguard Your Valmbles and Jewelleries.

Deposit them in a Vanl

that is realkı FIRE-PROOF

BURGLAR-PROOF

DAMP PROOF!

OUR SAFE DEPOSIT VAULT

For Shouton Chon. Faq Wong located on the Mezzanine Floor of Tub Trag. Res. Chan Ching à la Gar New building is Specially Con-

On Manila

On demand

Sear, Eng. Tour Chu Sou. Fr, and has instructed to provide all of these Im Copper cash

Po. Em.

Kao Fo. Eng., of Manager. In The For The N

BRANCHES AND AGENCIE

Sambaya

Body

Tubes

Every description of Banking and Exchange:

portant Qualities.

You may obtain a Safe Deposit Rate of native interest Sex in this most up-to-date Vault for Chinese Sub. Coin your own use at a very moderate Ren-Hong Kong sab. coir

tai.

Inspection Cordially Invited

THE NATIONAL COMMERCIAL

& SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeux Road, Central

dame marted. Jane stated on app AMERICAN EXPRESS COMPANY,

Current Arcourts opened in Lora? Curvorg and Fixed Daqua itu merited for one year or aborter periods in Local and Foreign Currenci co treme which will be quoted on applicati

Sale Deposit Foxes To Lt.

EAN TONG PO,

Head Offers-65, Broadway,

New York.

NEW YORK STOCK.

EXCHANGE

Latest Quotations

The following quotations were re- ceived by Beuter:---

Last

10.20 close N.T./London 4.96% 4.96

Credits months' sight

$45

Langkats (Single) Sh. $14 1.

S'hai-Exploration Sh. $44

July

12.29

12.282

Grand Total of Ordinary

On Saigon

On demand

7934

Shai Loans Sh. $54.

Raubs $5.80 n.

106

Venz: Goldfield $2.50

Docks, etc.

On Bangkok-~~-

Or demand,

£636

Sovereigns bank buying rate

2/25%

HK and K Wharves (new)

STA D

Bar siver per az

213%

HLA and E Wharves

Bar silver in Hong Kong

num.

$744 #

Copper cents

ZOM

par.

3% p.a.

32% dis.

par

BK. and W. Docks $64 1. Providents (old) 85 ets. n. Providents (new):20 cts. De Hong Kew Sh. $240. New Engineering Sh. $i n. S'hai Docks Sh. $80 n..

Cotton Mills

Ewo Cottons Sh

Shanghai Cotton

$65

THE

Wing On Textiles, Sh.328 - Lands, Hotels, etc.

July 11.

INC.

HR and S. Hotels $4 n HK. Lands $55 nom.. HK Lands

.

Chief Manag

Capital

1.S.$6,000,000.00

THE CHINA & SOUTH SEA BANK,

AIMITED

(Incorporated in China)

Head Office.Shanghai

Surplus Beserves

2,183,633.06

870.731.05

NY. Cotton

Oct N.Y. Rubber

Dec- C. Wheat

BRANCHES

Amsterdam

The

'Sept Dec.

11.00 4.954

11.75 11.74 11.75

12.65 12.62

12.65

85

100%

Shanghai Lands Sh. $201⁄2 The

Humphreys $81⁄41⁄2 zi+

K. Realties $4.

Chinese Estates $90 n

84%

85%

China Realties Sh. 44.

Antwerp

Sargow

Athenia

The Face

Nice Xaples

C. Corn Sept. 76%

7534

Chima Debentures $123 n.

Jaktveze

RAYA

·Dec.

€34

63%

Public Utilities

Banie

Hambur

Capit

$7,500,000.00

The plight

Reserve

-$1,500,000.00

tombay

Branches

All Important Cities in China.

Brummis

Cairo

Calcutta

Exchang

and

General

Banking

Herme

Heidler Tolerinken Jorumiem" Londor Liverpool

Reme Shanghai

Paris Priping

STOCKS

Amer Smelting 4914

4344

43

Puerto

Con Gas NY. 263

26

26

5:24

Elec Bond &

Peak Trams (old) $734 n.

Share

9

94

9%%%

Sovihampton

Businessted.

Curres! Saving Aermatite opened and Fized Deporte pived for one yeme of aborter periods males which will to student an application.

SOU E. CHANG,

Dtv Time Timera Rond, Cemreč,

Manager's Of

Foreign Facharze Dept.

General Office

Cashier's Office

Canoes Colomão Copenhagen Thiblia Edinburgh Price

Zutikker ja Legado

singapore Tjettin Taormina

General Motos 34

34%

344

Int Tel & Tel

934

46

Monte Caris

Forma Treice

Loew's Inc

43

44

4444

Yaumati Ferries $17 n.

C.-Light $8.70 b.

Montgomery

Manila

Yokoha

Manage

• Съездста

Streich

Zurich

HONG KONG BRANCH:

Ward NY. Central Standard O

NJ

ww

S. Stee!

2914 17

42% 48 364 36%

-294

295

HX. Electric $59%

17%

17%

48.

36%

THE YOKOHAMA SPECIE BANK

LIMITED.

Established 1880.

Montreux Branches of American Expressi Company in Principal cities of United States of America and Canada.

All classes of Commercial Banking Transactionz undertake...

sccounts

Personal handled.

investiment

The Company offers to intending Travellers the use of its "Travellers Cheques" and Letters of Credit au, Capital (full paid-up) Yen 106,000,000 in addition, the world-wide services Reserve Find

of its thoroughly equipped-· · Travel Department,

Yen: 125,300,000

Head Office: YOKOHAMA

Branches and Agencies at:

Alexandria

Batavia

Berlin

Bombay

Calcutta

Canton

Dairen (Dalny)

Nagasaki

Nagoya New York

Osaka

PAT'S

Priping Rangoon Fenstien (Makden) Rio de Janeiro

San Francisco-

Seattle Shanghai

Hankow Harbin

Singapore

EW. DUGGAN,

Manager.

THE WING ON BANK

LIMITED.

Head Office: Hong Kong 26. Des Voeux Road Central. Authorised Capital $10,000,000 LONDON BANKEES:

Westminster Band, Ltd Foreign Exchange and every des cription of banking business transact

Current Accounts counts.opelled

served at rates

for

and Savingske

Fixed Deposit re

will be hunted Special; rates given

sial “deposits

THE

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China) Capital paid up $5,000,000, Beserves ***** $300,000. Dept: $500,000. Capital Savings Reserve Savings Dept. $600,000. Head-Office-Shanghai

A Bank having as its mission the industrial development a Chica and the fostering of her commercial relations abroad. Hong Kong Office.

Ice Horse" St. Phone 31481-23

Is It Insured?

Peak Trans (new) $53⁄41⁄2 n

Star Ferries $76%1⁄21⁄2 1.

Macao Electries $221/4 v. - Sandakan Light 233⁄41⁄2 ». Telephones... (old) $2115 b

$21.40 sa

September

December

Winnipeg Wheat:-- July

August New York Sugar-

Telephones (new) $8.10 5. China Buses Sh. $115 m. Singapore Traction 10/6 b. Singapore Pref. 22/6 b.

Industrials Malabon Sugar $81⁄41⁄2 n- Cald: Macg (Ord), Sh. $191⁄2

Cald: Macg. (Pref), Sh. $13 n. Canton Ices" $1:80 n. Cements $54 2. HK. Ropes $2 m

Stores, etc. Dairy Farms $16 88. Watson 5371⁄2 1. Lane Crawford $3 n. Mackintosh 7.3. Sinceres $6.80

Wm Powells, 70 cts. n. Wing On (HK) $70 n.

Miscellaneous

HK Amusements $165 n. Entertainments $4

SC Baterprises $1.35 m. Macso "Greyhounds” *** Constructions (old) $1,40 m. Constractions (new) 70 ets Vibro Piling 35 12- Che Govt. 85% 1925 GBds

£634

82 754

(Continued on Page T)

PUBLIC AUCTION

ARTICULARS and CONDI- TIONS of the Sale by

to

held be on MONDAY, the 15th day of

1935, July,

3 at

pum

at the Offices of the Public Works

SERICULTURE PLAN Public Anction

IN GERMANY

Old Experiment To Be Revived

-CHINA MAIL.” SPECIAL

Berlin, To-day.

Another serious attempt is about to be made in Germany to organise No. 1 No.3 No. 1 No.3kworm cultivation, thus recall- Con. Con. Con Com the experiment started by 234 235 2320 2320 Frederick the Great in times of July Sept

2.42 2.39 2.39 2.35 similar economic difficulty. Dec. 245 2.32 243 229 new order issued by the Minister Jan. 1936 220m 209 217a 2.06

208

69.25

A

of Agriculture regulates the pro- action and disposal of German

natural silk interests m. the wa- tional economy.

Many years' efforts to produce

natural silk in Germany during latter times have mostly failed,

lowing to the lack of strict uniform i 59.50% control of production ensuring 70.25t healthy silkworms, and the new re- 70.550

ulations are designed to over come this drawback--Trans-Ocean

HOLDING COMPANIES BILL IN US.

Senate's Change Of Tractics

DEATH SENTENCE” PROVISION MUST BE RETAINED

Washington, To-day.

Service.

KEROSENE PRICES

Latest Retail Rates Of A.P.C.

Department, by Order of His Ex-

As from yesterday's date the Asiatic Petroleum Company.

Limited retail! (South. China)

prices for Kerosene per unit of Abruptly changing its tactics, approximately 8-1/3 Imperial the Senate is sending to confer-Gallons will be as follows:

ence the Holding Companies Bill of the instructing the members conference to insist on the reten tion of the death sentence" pro vision

Silverlight $318 Cases. Silverlight $2,90 New Tins. Crown $2.75.- New Hing, Crown (In 2.35 Balk

Returnable Drum Lesbos and Riring Săn 2

the New Tim

Lampglass and Rising Sun $2.00

The decision followed withdrawal of a motion to in- struct the members of the con- Bulk ference not to insist

Cross $2.49 New Ting..

Cross (In Returnable Drums)" $2.09

There is, however, an under- Balk standing that disagreement with the House would result in a re

quest to the Senate by the con- BRITISH WHOLESALE PRICES ference members for further in- structions-Renter

London, to-day The Board of Trade inder number of wholesale

RAW RUBBER PRICES prices shows a slight increase in

Latest Quotations From Singapore

Messrs HB. Jose received the folk

pore for Ras

Spot

& Co. hay

the average level in Jane, as com-

Pared with May, and an increase

of 0.6 per cent. again The na three

June 1934 for the said and 87.9. Wireless

cellency the Governor, of one Lot of Crown Land at Repulse Bay Road in the Colony of Hong Kong

for

a term of 21 years..

PARTICULARS, OF THE LOT

Benntary

Contents i

Bq. feet.

Annual Renta? .

Upuit Pilco.

about

<img

Everything

gone.. BUT YOUR SAVINGS

RENT

FOOD

CLOTHING

HEAT

TAXES

WATER

CHITS

SAVINGS

SAVE SOMETHING START NOW UNDERWRITERS

SAVINGS BANK FOR THE FAR EAST,

September

12.43

12-412

azd Estraordinary Receipts

5957.154,006

December

12.65

12.622

January

12.72

12.68

March

12.85

12812

Chicago Wheat:-

July

84

(old) September

85

December

Chicago Corn:

July

63

323 382

8434

$5

687%

80% 80%. 81%- 813%

(old) Sh.

Shanghai Cotton (new) $40 n. Zoong Sings Sh. $84

Mar. New York Silk:-

211

4% Debentures July

¡September

December

1.3516 135 13572 138 137 136

Metropolitan Lands Sh. $10 m.)

Montreal Silver:

TALIND. 87.

No. 338, Repulse Bay Itoad

ntai Wong Nei Chong Gap,

No. of Hale

Registry No.

Locnifig,

July ...

September

December

January

68.65 69.00b 70.25 70.300

EK. Tramways $13 b., $13.10

$59

during the