1935-07-12 — Page 6

BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION

Authorised Capital

$50,000,000

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Issed and Fully Paid p 20,000,000 Incorporated by Royal Charter, 1853. Reserve Funds:

Sterling £6,500,000 Silver 10,000.000 Reserve Liability of Fro-

prietors

HEAD OFFICE HONG TONG.

DOARD OF DIRECTORS..

•Σ E. Dede'*. · Eng.

Chairman

CC Ixisbe, Ing.

Deputy Chairmas

VX Gayburn, Eng.

Chist ManagWP.

HEAD OFFICE: LONDON

Paid-up Capital 20,000,000 Reserve Fund

Beserve ability of Pro

prietors

£3,000,000 £3,000,000

$3,000,000

Alor Star

Baachak

Kamchi

Agencies and Branches: Bangoon Doče Indh

Saigon SREWELLE

-Balvin

Xobe

Sberba

Kuala

Sungspor

Siberian

Kooking

Nadrea

Hoursbas Taiping

Manila

Medan

Haiphong

New York

Zwiping

Taingo Tokohama Zambangs

Bombay

| Calestia

W. H. Bell, Esq. 5. S. Morrison Escape

A. H. Compton Esq.

Cabu

M. T. Johnson, Esc Coimba

Hon. Mr. J. J. Paterson,

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

LONDON LYONS

BRANCHES

AMOI

BANGFOR

BATANZA

BOWRAT

CALCUTTA CANTIN CHEFOO

COLON BO

DUREN

FOOHO HUPHONG RAMBERG

FAXXOW

HARRIN

HONGKEW

TLOTLO

JPOS

JOHORE

FORF

TOWLOOS

MALACCA

MASIDA

XUAR Jobor)

NEW YORK

MIKDEN

PEIPING

PENANG

RANGOON

SAIGOS

SAN FRANCISCO-

XTALA LUMPUR

SHANGHAI

SINGAPORE

WHIRABATA

- SUNGEI PATANZ

TEXTNIN

.: TOKYO

TNINGTAO TOEGHANA

Cosmetic manto exporting to Cora Cimrace

and Final The gromite comprised for Dea prer of shorter pericula in Loral tangans and Sorting On Sand wil he quoted in application.

Hong Kong, 6th April, 1935.

HONG KONG SAVINGS BANK

The Painting of the score Bank in conduct

od by the liNG KONG AND SHANGHAI BANKING CORPORATION, Ruins may be ohtaised on app-reation.

FOR THE HONG KONG AND SEANCEST BANKING COLPORATION,

TCRATECES.

Chart Massager.

Hong Kong, ab Yay, S

THE BANK OF EAST ASIA, LTD.

Authorized Capital

Pand-up Capita

·Beserve, and Cadivided '44.00

HEAD OFFICE:-BOVE.KONG

Drs Toux Bead tetral

BOARD OF LIRICOR

Faq P. B. ini, ting.

. E..

Hanhow Harbin

Hans Long

(Prking) Pinang

Jongkah..

Bank)

Former Ebangs and General Banking bato

transacted.

ratos

Current Accounts opened and Fixed Deports red for one year or shorter periode which will be quoted on application.

A. BREARLEY,

Nanarer. Hong Kong, 1st January, 1985.

نوم

THE BANK OF CANTON, LTD.

Established 1912. Head Office:

Authorised Capital

Paid-up Capital

Total Resources

THE CHINA MAIL FRIDAY, JULY 12, 19

Commerce and Finance

LOCAL DOLLAR STEADY

Silver Prices Improve

The local dollar is unchanged. opening on demand this morning at 21.

Both spot and forwaru silver have advanced, to 31 5/16 and 3134, respectively.

The London on New York cross- quoted at US$4- rate was 95%, as compared with 5-US. $49632, while the New York on London Cross-rate was quoted at compared with US$4.95%, as

£ US$4967-

EXCHANGES

TO-DAY'S QUOTATION

Branches: Canton, Toishan, Shanghai On Singapore... Hankow, Bangkok & San Francisco. London Bankers: Lloyds Bank, Ltd.,

Foreign Exchange and Banking business of every description trans- acted

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

Safe Deposit Boxes (various sizes) for hire.

LOOK POONG SHAN,

Chief Manager

SAFETY FIRST !

To Safeguard Your Valuables and Jewelleries.

Deposit them in a Vault

that is really FIRE-PROOF-

BURGLAR-PROOF

DAMP PROOF!

OUR SAFE DEPOSIT VAULT

On India-

On demand

Sue Shou-non Care, Ma Fond located on the Mezzanine Floor of Bar silver per oz.

To Form Cum Chan Chites in Ends To Las Our New building is Specially Con- Bar silver in Hong Kong

-5435. Bag Took Chu Soo, and Kan Yistracted to provide all of these Im-Copper cash

LOCAL SHARES

TO-DAY'S QUOTATIONS

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

Banks:

HK Bank $1010 b., $1030 s. HE Bank (London) 111 D. Chartered Bank $133. n. Mercantile Bank A. and

331 1. Mercantile Bank C £13 Bank of East Aziz $76% Su Insirvances

B.

De

Canton Ins. $20$ 1. Union Ins. $570-b- China Underwriters 40 cts. 6. China Fire Ins. $392 * HK Fire Ins. $200 m. International Assce. Și xe

Shipping

Douglases $36 n. H.K. Steamboats $4 m. Indo-Chinas (Pref). $30 1. Indo-Chinas (Def.), $12. Shell (Bearer) $707731⁄2 Union Waterboats $111⁄4 n.

Mining

Baguio Gold 23 ets

Benguet Consolidated 124 cts.

Benguet Exploration 10 cts. I Benguet Goldfeld 10 cts h

Salácots 12 cts. I..

NEW YORK STOCK CAR PRODUCTION IN

MARKET

Cantion Recommended Towards Utilities

LONG OUTLOOK, HOWEVER,

· REMAINS UNCHANGED

AMERICA

LARGE INCREASE IN FIGURES

Washington. To day.

NEW ADVERTISEMENTS

UNION INSURANCE SOCIETY

OF CANTON LTD.

NOTICE

According to the Anto Manu-

FROM THIS DATE and during facturers Association the produse absence of the Under

in

tion for the first six months -eff

Acting GRAY In their market repart, Messrs. 1985, exclusive of that of Mrsigned from the Colony, Mr. HE C

isappointed 2 member. !S. E. Levy and Company, corres Ford, who is not

General Manager of the Society.

By Order of the Board. pondents for Messrs. White Weld totalled 1,5$7,906 units, - an

A. W. HUGHES, and Company. New York, states-crease of 20 per cent over last

General Manager. Stocks: The latest. Washing-year and of 45 per cent over the

Hong Kong, 12th July, 1985- ton developments are less fa- past five-year average. vourable for utility issues and

The June output was 276,218

would suggest a cautious units, an increase of 11 per cent. trading attitude for the present, over May and of 21 per cent, aver though the long pull outlook re-Jane last year-Renter Br ress mains unchanged. done: 1,000,000 shares.

(Continued on Page 10) Latest Quotations The following quotations were received by Beater-

Prev. To-day's

close

close

NYLondon

cross-rate

NT. Cotton Oct

FOND PRODUCTION

Washington, To-day- The world production of the Ford Motor Co. for the first six

months of 1955 was $48,504 units. of which 810,700 were domestic. Reuter

496 495 GERMAN STUDENT

11.50 11:21

NT, Rubber Sept. 1241s 1232

$4 Chicago Wheat Sept. 35PM

#5% 74%%% Chicago Corn Sept. Montreal Silver Sept. 20.25% 8. "Silver Official ...

Dow Jones Averages

65-

69

30 Industrial 19269 121.93 76 or 20 Rails

20 Utilities

33.24 32.89

$50 .55 cm 29.6 22.01 910 96.92 18 of

40 Bonds ... 11 Commodity

Indica

53.68 55.34 · 34 of Business Done-1,000,000 shares.

CORPORATION

(Continued from Page 1)

"BRITISH TRADERS * INSURANCE COMPANY, LTD

NOTICE

the Absence of the Under- T FROM THIS DATE and during signed from the Colony, Mr. H. G Acting appointed GRAY is General Manager of the Company.

By Order of the Board,

AW HUGHES.

General Manager

Hong Kong, 12th July, 1935.

The Angrif annonces that "the THE CHINA FIRE INSURANCE corporations refuse to submit to

common training" with the Hitler

Youth O 105 corporations in the Cologne-Aschen district, for instance, only 25 have signified

COMPANY, LTD.

NOTICE

their readiness for active colla-ROM THIS DATE and ouring the Absence of the Under- boration in the National Socialist signed from the Colony, Mr. B. C-

GRAY is appointed

COMMODITY PRICES State, although they are prepared

Actias

to undergo political training by General Manager of the Company. the National Socialist Students' Union

The following quotations have

In Cologne 12 corporations out! been received by Renter.

Prev. Yesterday of 38, in Bonn 12 out of 49, and in Closing Closing Aachen one out of 19 have ap- proached the National Socialist Students Union.

12.73 12.04 1180 11.71 11.75 11.69 11.67

12:41a12.323 12.62a 12.54 12.68 12.61 12.843 1275

The Federation of Students

Corporations in Cologne circa- larised its members, calling upon

them to refrain from complying

with the demands of the Reich! leader of the National Socialist Union. Herr Derichsweiler- Trans-Ocean Service.

A later message from Berlin!

states

By Order of the Board.

~

A. W. HUGHES.

General Manager. Hong Kong, 12th July, 1935.

COUNCIL MEETING

Appropriation Bill's Final Stages

CHARGES OF 1934:

that the Brown Shirt At yesterday's meeting of the detachment chief, Herr Flutze, Legislative Commeil the 1934 Sup-: has decreed that the members of plementary Appropriation Ordin- student's corporations are no ance, 1935, authorising the appro permitted to wear students' capspriation of $635,442 to defray the or insignia ribbons in conjunction charges of 1934, passed through with the Brown Shirt uniforms its final stages.

On London

Kong

On T.T. and demand

2/13

4 months' sight

2/1

$11,000,000

Credits 4 months" sight

2/3

8,653,000 On Shanghai-

32.170.692 On demand

Antamoks 70 cts. n

135

Balatoes $18

On demand

92

On Japan

K

On demand

18234

On T.T. and demand

142

Big Wedge 8 cts.

On New York

Gold Creek 30 ets. n.

On demand

53%

Gold River 5 cts. 1-

Credits 60 days' sight

3314

Ipo Mining 90 cts.

On Batavia-

Itogons $5 cts, z.

On demand

77

On Peris

On demand

800

Credits 4 months' sight

845

On Saigon-

On demand

Kailan Mining Ad. 14/6 n. Langkats (Single) Sh. $14 r. S'hai Exploration Sh. $42 D S'hai Loans Sh. $54 2 Raubs $3.80 n.

New Tork Cotton:-- July

October

December

January (1936) 11.76

On Manila-

10644

Venz; Goldfield $230 n

Docks, etc.

March

11.80

11.69

May

11.85.

On Bangkok~~

On demand

$635

Sovereigns bank buying rate

31-5/16

HK and K Wharves

ST4 0. HK and K Wharves

$77

(new) Spot

1945

11.76 12.35

New York Robber:-

(old)

July

12.28a 12186

September

nom DOCEL

December

P. E

portant Qualities.

Zi

Tan Toos Po. F. Irt Maraget.

Fosc. Eq.. i ",

You

Humila

Sesili

L

SELETAK

Jock

Champlai Singapore Nourabaya

Inspection Cordially Invited. THE NATIONAL COMMERCIAL

Copper cents obtain a Safe Deposit Box in this mest up-to-date Vault for Rate of native interest ..3% your own use at a very moderate Ren- Chinese Sub Coin

Hong Kong sab. coin

par.

324% dis par

January

March

Chicago Wheat:--

July

$43% $338

September

$4

∙December

863

$514

Chicago Corn:-

PETEN

Pipins Pruaba

Shay

$2

$134

diang

Tabriku

September

747%

To cite Kow.com.

Undon

"

San Francisco

Takro Vancouver Yokobu

December

63

63

Winnipeg Wheat:

July.

Angust

801 $11

S03-

Amecordazy

Milan

Antwerp

Abens

The Magne

Nice Kupion

NY/London XY, Cattan

NY Rubber

Dec. C. WE Theat

Sep Dec. C. Corn Sept. 7514

The following quotations were to ceived by Reuter:-

Last

10.20 close 496 496%

New York Sugar:-

4% Debentures

11.00 4.96

** 100%

Shanghai Lands Sh. $2015 m.

11.80 1166

12.62 12.55

1167

Metropolitan Lands Sh-$10

n.

Humphreys $84

12.67

HK Realties $4

Chinese Estates $90

July Sept.

243 2.29 2.47 237 Dec Jan, 1936 217 206 2171 2.09 Max

2.08

211

85% 86

China Realties Sh. $4 n.

New York-Sik:—

845

July

1.35

1.35

ᄅ.

September

1.38

1.35%

for 24 hours by Mr. W. Schofield

Harts

Barle Terlis

Hamborg

Pizarse Paria

Dec.

632

634

December

1.27

136

STOCKS

Tomber Ermen

Pelping Palermo

Amer Smelting 42%

424

42

Montreal SI

10/15 32

Con Gas N.Y. 26

July

69.806

Tankios

Manager.

França Calro Calcutta Case Colombo Goebe Dublin Edinbuch Fluroce Genera

Elec Bond &

Peak Trams (old), $74_n.

85

85

Peak Trams (new)-$5.

September

69.500

70.30

70.23t

71.65

34%

9

Star Ferries $7 1⁄2 by $77 sa Yaumati Ferries $17 n.

70.550

71.95%

437%

437%

C. Light $8

2914 13%

4874.

29/

28

477%

36%

36%

36

Bratis

ERANCHES AND AGENCIES

Calcutta Canton Haiphong Bankow

Oomottฟ

חייו

THE

Every Ecription of Lasting and Exchang!

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

Des Voeux Rosé, Central,

busis victed. Lograted ou approved! AMERICAN EXPRESS COMPANY,

Year or

Conterone opened in Local Curency and Fixed Deporte Peceived for oor shorter periods Lood and Foreign Communione On see which will be quoted on applic -Sade Deposit Boxen To Le

KAN TONG PO.

Head Office: 65, Broadway, New York.

US$6,000,000.00 2,183,633.05 870.731.05

NEW YORK STOCK EXCHANGE

Latest Quotations

July 12

Capit:1

Reserve

Chief. Manager.

Capital Surplus Reserves

in China

THE CHINA & SOUTH SEA BANK, LIMITED

(Incorporated in China) Head Office.Shanghai

Branches

Forrien

$7,500,000.00

$1,500,000.00

...All Important Cities

Exchange

Buxton Connected.

and Genersi

Carret wel ring Acosants opened and Fixed Deporte send for one year of shorter periodu at same which will be qouted oa appříration.

SOC Z CHANG,

TNG TONG BEACH:

34 Dan Tores Band Central

Foreign Exchange Day

General Ome

Cendrier's Office

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1850

INC.

BRANCHES:

Kate Beidelberg Interio

I Londo

Liverpool

Kagerbe

Lugano Lextor

Marution

Monte Carlo

Zome +basetad

Southamptom

Spe Tirstrin Taormina Vanda Freir

Share

General Motors

In Tel & Tel Foew's Inc Montgomery.

Manila

Sunich-

Nostreet

Jakobaza Zurich

Ward NY. Central

Branches of American Express Standard Oil

Company in Principal cities of United States of America and Canada,

NJ. US Steel

6

$4.89

ELK. and W. Docks $6 Providents (old) 85 cts, Providents (new) 20 cts. n Hong Kew Sh. 3240 1. New Engineering Sh. $4 n- Shai Docks Sh. $80 n.

Cotton Mills

Ewo Cottons Sh. $7 1 Shanghai Cotton (old)

$63 2.

ji

Shanghai Cotton (ney) $40 Zeong Sings Sh. 1⁄2 a. Wing On Textiles. S.$28 1. Lands, Hotels, etc. 5.K. and S. Hotels $4 HK Lands $35 s. HK Lands

China: Debentures $123 D.

Public Utilities

HK. Tramways $13.15 b., $13-

HK Electric $59. Macao Electrics $2271⁄2 1 Sandakan Light $34 3. Telephones (old) $21 b. Telephones (new) $8.30 sz China Buses Sh. $111⁄2 a Singapore Pref. 22/6 b.

Industrials Malabon Sugar $872. D... Cald: Macy. (Pred.), Sh. $1.80)

All classes of Commercial Banking RAW RUBBER PRICES Singapore Traction 10/6 b.

Transactions undertaken.

Personal handled.

investment

accounts Latest Quotations From

The Company offers to intending Travellers the use of its "Travellers Cheques" and Letters of Credit and,

addition, the world-wide services!

Department,

in

Singapore

Messrs. H. B. Joseph & Co. have

Capital (full paid-up) Yen 100,000,000 Reserve Fund Yen. 125,800,000 its thoroughly equipped Travel received the following Straits

Head Office

YOKOHAMA

Branches and Agencies at:

Indria Batavia

Kagasaki Nagoya

New York

Osaka

Paris

Berlin

Bombay

Calentta

Canton

Dairen (Dalny)

Peiping

Tenztien (Mukden) Rio de Janeiro

San Francisco

Seattle

*Minkow Harbin

E. W. DUGGAN,

Maangor.

THE WING ON BANK

LIMITED.

Head Offer: 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 and Savings Ac Fixed Deposits to

Currency quotations from Singa- pore for Raw Rubber

Spot 19% down 8 b., 19% s... July-September 20 down

2018. Oct-December 2034 down 14 b

21 B

Dis

Cald: Macg. (Pref.), Sh. $13

Carton Ices Cements $5% B HK. Ropes 12 D

Stores, etc.

December

January

798:

754

No. 1 No.3 No. 1 No. 3 Co Con Con Con 252 253 2.55 2.35a 2.59 235 2.42 2.38

69.95

BERLIN SHARE MARKET

Considerable Falls In Prices

~CHINA MAIL" SPECIAL

Berlin. To-day.

even when meeting in closed rooms or privately Trans-Ocean Service.

ALLEGED THEFT OF RING Unemployed Faces Charge

His Excellency the Officer Að- ministering the Government (Sir

KB E Southorn, Thomas CMC.), presided, and there were jalso present:

His Excellency the General Or the Troops, ficer Commanding Major General 0. C. Borrett CB, CILG., CBE, DSO.;

The Colonial Secretary (Hon. Mr. D. W. Tratman C.3LG);

The Attorney General (Hon.

Charged with the theft of a Mr. C. G. Alabaster, KC. OBE);

The Secretary for Chinese Af-

gold finger-ring, valued at $6, a 50-year-old unemployed. Lok Takfairs (Hon. Mr. N. L. Smith);

was remanded in police custody

The Colonial Treasurer (Hon.

at the Central Magistracy this Mr. E. Taylor);

morning to find means of raising

Hon. Commander G. F. Hole,

a sum of $3.50 to redeem the ring RN (retired), (Harbour Mas which he had pawned.

Inspector Logan stated that the

(ter);

Hon. Dr. W. B. A. Moore (Act- complainant, a married woman ing Director of Medical, and named. Wong Kam, placed the ring Sanita y Service);

i her husband's jacket pocket be-į

fore going to bed on the night of

Tuesday last

Hon Mr. M. J. Breen (Post-

master General); The next morning -

she discovered that the ring had Bon. Sir Henry Pollock, Kt. been stolen while she had been B.C;

R. H Kotewall, Ean r asleep. The police were inform ed, and Man Ho, Chinese detective C.M.G. LL.D.; No. 256, was sent to investigate! Hon. Mr. WH Bell

.Hon. Mr. S. W. Tso, the case..

LL.D.

The defendant, who resided on the same foor which complainant

Price falls up to 3 per cent, and occupies, was suspected and, after even more were noted yesterday being questioned, admitted having

Hon. Mr. J. J. Paterson Hon Mr. Chau

O.BE

Mr. HR Butters (Deputy

in the share market as the direct pawned the ring, which he stated Clerk of Councils). result of the warning issued on he picked up off the floor.

On the motion of the Attorney com The case will be continued at General, seconded by the Colon- Wednesday by the Bourse mittee of management respecting 11 am, to-morrow. over-valnation of many leading

Dairy Farms $15.90 b., $164 x. shares. The public showed mark-

led reserve and hesitated to takej Watson 32

up the stock offered. Lane, Crawford $3. Mackintosh $7 T

Jan March 21% down 1/8 by Sicceres $5.80

217

Market

Stagnant.

THE

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED

W Powells, 70 cts. - WIDE ON (ECK) $70 2-

Miscellaneous HK Ainsements $1.85-

tatoments $

wrises 21435.

That the decline of prices was not greater is explained by the favourable impression created by the further decrease in em ployment announced, and the predictions of a good harvest.

fíal Secretary, a Bill Intituled "An Ordinance to amend the Crown Solicitors Ordinance 1912 and to repeal the Crown Amendmen? 1924 passed its fin

THREE EUROPEANS tors

FINED $5

Cars Left Unattended

MCA Outside

Fixed interest secuities show Three Europ ed a friendlier and better trend-each, when Gold mortgage bonds were slight Mr ELE

while: weak Call to 3 per rent.

Floans were:

was at 2

Ocean Ser-

re fined $5

Is It Insured?.