1935-07-25 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Antharised Capital ...-. $50.000.000)

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Issued and Fally Paid-op 20,000,000 Incorporated by Royal Charter, 1853 Reserve Fandatum i

Sterling ** € 6,500,000 10.000.000

Siver ---

Reserve Liability of Pro-

prietors ..-... 2.

HEAD OFFICE HONG KONG

BÖLED OF DIZELTORI

B. Dedweil Eng.

"Chiesa,

C. C. Each

Ex.

Drouty CarZAN,

V. Grayburn. Esq.

Chief Manager

Ipoh

THE CHINA MAIL, THURSDAY, JULY 25, 1935

and

Commerce

Finance

HOLLAND'S FINANCES

(Continued from Page I

General Advance Of List

NEW YORK STOCK MARKET

FRANCO SPANISH

WAR ENDED

CUSTOMS DISPUTE. AT AN END

NEW ADVERTISEMENTS

R

FUBLIC AUCTION.

19ARTICULARS and

PURCHASES ON MINOR SETBACKS ADVISED

SPECIAL DEVALUATION TAX CANCELLED

** CHINA' MAIL" SPECIAL

July,

to

LOCAL SHARES

CONDI In their market report. MessTS

TIONS of the Sale by TO-DAY'S QUOTATIONS

Paris, To-day. SE Levy and Company, cerrES-

Public Auction

be beld The approach of the orange on MONDAY, the 29th day of The following is the list of local bondents for Mess White Weld

and Company, New York, state-season in Spain has put an end

19$5. at $ pa ed advances Government securi-share quotations issued to-day:

Stocks: The List today gento the Franco-Spanish Customs the Offices of the Public Works ties yesterday showed lossES

erally advanced and we would war, which had been, raging Department, by Order of His Ex- about 3 per cent owing to the

BK. Bank (London) 109, advise purchases on minor set-fiercely for the past two weekscellency the Governor of one Lot uncertainties of the political and

backs. Business done: 1,310,-

The dispute arose because the of Crown Land at Mount Kellett Spanish Government suddenly im monetary position-Reuter.

1000 shares.

in the Colony of Hong Kong for a posed a special "devaluation tax”

term of 75 years, with the-cptian ch alle French exports to Spain

of renewal at a Crown Rent to be The French Government thereupon fixed by the Surveyor of His

HEAD OFFICE: LONDON Paid-up Capital 20,000.000 Reserve Find

£3,000,000 £5,000,000

Reserve Liability of Pro-

prietors

£3,000,000 Although the stock market show

Agencies and Branches:

Alor Star Amrimar

Faio

Zaaroon

Bangkok

Karachi

Semarang

Bornb

Calrulta Canton

Xing Foo Busin

2321-

Kuching Xindrom

Manda

Medaz

Haiph

New York

Hamburg

FI

(Print)

Batavia

W. H. Bell, Esq., . S. Morrisen Esti, Campore A. H. Compton Esq."

Cabe

ML T. Johnson, Esq. Colombo

Hon M J J. Paterson,

G. Miskin, Esq. I. E. Pearce, Ex

AMOT

BANGBOK

BATAVIA

POMBAT

CALCCITA CANTON

CHEFOO GOLONDO

PAREN FOUTOR

HALINANG

HANBOW

HARE'Y

BANGKER

IZOTZA

[ROOT!

FORE

FORT

KOWLOON

BRANCHES

*

and Jempest

LONDON

LYONS

XALATES

MANILA

WAB (Jebore)

XTADEX

NEW YORK

PEIPING

PESANG RANGOON

SAIGON

SAN FRANCISCO

KUALA LEXPUE

A SHANGĦAT

SINGAPOES

SOFRABATA

NEXGEI PATANY

THESTSIN

TOKYO

TANGTAO

YOKOHAMA

in Loma! Casa"BA"""

che pete in Intel' Cuman and Sterling which will the armored my nonlication. Hoar Kong, 6th April, 1935.

HONG KONG SAVINGS BANK

B

of the shore Back in rondues

ed by the BNG KONG AND SEANGBAZ BANKING CORPORATION,

obsahutan,

Ron may be

TÜHÖNVES INV UNOM + IHL W

BANKING CORPORATION,

1. M. GRATEURN,

Chart Xaonger.

Boss Loop smary, bus,

THE BANK OF EAST ASIA, LTD.

Authored Capital

PALC-ND CA

$10,000,000.00

Pamer and Todiridivi Prati$260,000,06

HEAD OFFICET sa poko

ward or THEEYORS

STATE ('trum, i'.. wit.let?,

Kaskow Bachin |Hong Koor

Penang

おま

Shanghai

Dienas

Imbra TRIS Toarkab

Fokozata

Zamboanga

C

Foreign Exchange and General Banking businer

Transacted.

Curros Account prore and a Deporte

moerred for one year or border perioda ni Pator which will be swoled on appleston.

A BREARLEY,

Mabaret. Hong Kong, 1st January, 1935.

UNEASINESS OVER CABINET CRISIS

of

Banks HK Bank $1050 b. Cum div.

ez div. Chartered Bank 19 -3′ "cantile

(Continued from Page 1) The first sign of nervousNESS occurred on Tuesday night, when smartly. share prices advanced Yesterday morning the guilder weakened by comparison with the Is the other gold currencies. course of the day the State loans

THE BANK OF CANTON, LTD. and other fixed interest securities

Established 1912.

Head Office:-Hong Kong

Authorised Capital

Paid-up Capital .. Total ResoUTCER

dropped, while industrial shares irose smartly".

LARGE GUILDER DEMANDS In banking circles it is stated $11,000,000 that the nose bark has suddenly

$635,004)

faced with considerable 32.170,400 been Branches: Canton. Töishan Shanghai įsuilder demands, all of which, Hankow, Bangkok & San Francisco. however, were met promptly with- London Bankers: Lloyds Bank, Ltd, font difficulty.

Foreign Exchange and Banking business of every description trans- acted

The weekly statement of the Bank of the Netherlands shows Current Accounts opened and Fixed that at July the gold stock in- Deposits received for one year or creased by 27 million guilders to shorter periods at rates which will be 678.468.000 guilders, that is the [quoted on application

Safe Deposit Boxes (various sizes) note cover advanced from 83.5 to ter hire.

84.81 per cent in the course of a

LOOK POONG SHAN,

Chief Manager

SAFETY FIRST!

To Safeguard Yan Valuables and Jewelleries.

Deposit them in a Vault

that is reaŻY

FIRE PROOF BURGLAR-PROOF

DAMP PROOF!

OUR SAFE DEPOSIT VAULT

Li Boon Chan, E. P. & F. Korg located on the Mezzanine Floor of Tupe. Eng., Chan Chan 15 Our New building is Specially Con- Sang. Eway. Were the many Try and Eva Fiscated to provide all of these Im To. Eug

Kat Teen Po. Fugu (1~! Varaser, As The Fats. Em. Vag*,

"BRANCHES AND AGENT" nam

Žmog

te a

Vetnampa

Findows

New York

Fanim

Hartene BARCE Banelvis Bebe

Ter

Be

Lende

-tim

Fash ID Tokyo "Enroute" Yokokuta

Every smcription of Backing and Exchang

portant Qualities.

2

You may obtain a Safe Deposit Box in this most up-to-date Tank for

week.

The Dutch public, although sor prised and uneasy at the sadden- ress of the Cabinet crisis. is re- maining perfectly calm in the face of the weakness of the guilder.

Cabinet Still In Office

UNRELENTING DEFENCE OF

"GUILDER

-CHINA-MAIL * SPECIAL

The Hague. To-day. The Colijn. Cabinet. according

Four own use at a very moderate Ren-to an official announcement, has

Inspection Cordially Invited. THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Comer of Ice House Street and Des Voeux Road, Central

THE

still not resigned, but is at pre- sent considering whether to do iso or to dissolve Parliament.

Meanwhile the Ministry remains in office and will adhere to the policy pursued hitherto. that is, junrelenting defence of the guilder. If necessary drastic emergency measures will be taken forthwith

en The Lord appAMERICAN EXPRESS COMPANY, to defend the currency against at-

C

four and is Ional Commen

sed Deponim bond for one year o

bere perincia Trend Foreign Cum

on was which he quoted on sppiratioz

Sue Dupont Los to Ire

Bead Office

Capital

KAN TONG P

وم

LIMITED

INC.

Head Office: 65. Broadway, New York

Churf James,

Capital Surplus

Adm

U.S.$5,000,000,00 2183,633.06 870,731.05

BRANCHES:

KATANA

Ceza

Glasgow

The Secu

莉

I_i"

Starg

THE CHINA & SOUTH SEA BANK

(Incorporated in China)

Buse the

Branches All Important Cities

Foreign

Banking Busted..

Correct and Swing Account="reprend and Fred Imponitu

ved for dan zees or short periods we will gusted' pm applicazino.

SOT Z CHANG.

Reserves

..Shanghai

.$7.500.000.00

$1,500,000.00

in China

F

mand

D

SONG KONG BRANCH:

The Towar Boad Cont

Managers (ofice

Peregn Eartunge Dept. Cherural Car Callin'

im

THE YOKOHAMA SPECIE BANK

LIMITED.

Established 1884

Milan

Kick

Napine

Frizonor

Pripies Palermo Berdas

shangbui

Bambara

Intikro Artwarm

B

Liverpool

1.zie LUJADA

Cather Colmho Cay-phages Thittin Flinter

Hamitie Monte Carlo

Flomane GUNNER

Martia

Yunich

Moet-ex

Southangtos

Sing=pme

TEATTE Taormina Vanza Tezina Tokobans Zastic

Bancher of American

tacks from whatever quarter.

Dr. Colijn had an audience with jthe Queen 'yesterday afternoon, after which it was declared in poli- tical circles that the Queen would refuse to accept the resignation of the whole Cabinet, but the alt- mate decision is expected to-day- Trans-Ocean Service.

LOCAL DOLLAR

STEADY

Silver Prices Firm

The local dollar is steady, open- ing on demand this morning at 2/1/

Spot and forward silver prices Express were also steady at 30-3/16 and Company in Principal cities of United 30-5/16, respectively. States of America and Canada,

The London on New York-cross-

All classes of Commercial Banking rate was unchanged at 3-U.S.S4- Transactions undertaken.

95, as against £--US$4.96%. London accounts while the New York on

cross-rate was quoted at £-US. $4.95 as against £-US$4-

Personal

| handled..

irvestment

The Company offers to intending Travelers the use of its "Travelers 9674 Cheques” and Letters of Credit and

Capital (full paid-up) Yen. 100,000,000 | 32 addition, the world-wide services Beserve Fund Yen. 125,800,000) of its thoroughly equipped · Travel

Head Offee-YOKOHAMA

Brancher and Agencies at:

Alexandria

Berlin

Bombay

Calcutta

Canton

Dairen (Dalny)

Nazasaki-

Nagoya

New York Osaka

Paris

Peiping Rangoon Fengtier (Makden) Rio de Janeiro

San Francisco

*Semarang

Seattle

Harbin

Hong Kong Honolala

Shanghai

Singapore Sourabaya

Hrinking

Karachi

Kobe

London

Los Angeles.

Mot

Tientsin Tokyo Tsingtan Yingkow

Interest allowed for Cinzent Deposits received for fixed pen

rates to be obtained on applie

«CKISHINAMA

Hong Kong, 11th March 19:5

Department,

REICHSMARK QUOTATIONS

Berlin, To-day- Reichsmark E. W. DUGGAN, '

Manage quotations (without guarantee) Jare: New York, 40.29; Paris, 1696.75: Amsterdam. 53.63; and London, 1234 The Paris sterling

15.11.-Trans-Ocean Service.

THE WING ON BANK quotation is 74.97, and the dollar,

LIMITED.

Bead Office: Hong Kong 26, Des Voeux Road Central. Authorised Capital $10,000,000 - LONDON BANKERS:- Westminster Band, Ltd. Foreign Exchange and every des cription of banking business transact ed..

Current Accounts and Savings Ac- counts opened. Fized: Deposits re- ceived at rates which will be quoted on application. Special rates given for Special deposits

Trusteeship and Executorship me dertaken. Safe Deposit Bo

Boxes Zor

kire.

PHILIP GOCKCHIN

-Chief Manager to GOCKCHIN A LI SHU FONG

...

THE

SHANGHAI COMMERCIAL &

SAVINGS BANK LEITED- Cincorporated in China)

Capital paid Reserves

$5,000,000 Capital Savings D $7,300,000. Dept. $300,005. Reserve Savings Dept. $800,000.

·Head-Office-Shanghai

"A" Bark having as its missOS“ "the industrial development o

China and the fostering of her commercial relations abused. Hong-Kong Glicer

7 Ice House St Phone: 31481-2-3-

Bank A. and B I D Mercantile Bank C. £1311⁄2 n. Bank of East Asia $761⁄2 The

Insurances

Canton Ins. $203 a..... Union Ins. $370 = Chima Underwriters 10 che, n. China Fire Ins. $332. n.. HR Fire Ins. $200 n. International Assee. $4 n.

Shipping

Douglases $36 p. EE. Steamboats $4 ne Indo-Chinas (Pref), $30 d. Indo-Chinas (Def.), $12 De Shell (Bearer) $71/10 Union Waterboats $1134 n

Mining

(Continued on Page 11)

Latest Quotations The following quotations were closed the frontier for all except Majesty the King, for one further received by Reuters—~~

transit goods.

NY/London

Cryse-Bate

Prev. To-day's close close

£95 4.967

11.51

NY. Cotton Oct... 1136 N.T. Rubber Sept.. 11998 1183 Chicago. Wheat Sept. 84% Chicago Corn Sept. 75%%% 76% Montreal Silver Dec. 69.50

"€9.30 Silver Official

Dow Jones Averages

30 Industrials 12414 124.60 46 DD 20 Rails 341443 34.31

29 Utilities

•

The

40 Bonds

22.00 99-07 24 up 96.55.96.98 13 up'

Index

a.

Antamoks 71 cts. Ba Balatoes $18 n. Baguio Gold 22 cts. ». Benguet Consolidated $12 Benguet Exploration 12 ets I Benguet Goldfield 10 cts, n. Big Wedge 8 cts.

·Gold Creek 30 cts. m. Gold River, 5 cts. x- Ipo Mining 90 cts. n. Itogons 36 ets. 1. Salacots 12 cts. 2. Kailan Mining Ad. 13/6 a Langkats (Single) Sh. $14 n. Shai Exploration Sh. $44. Shai Loans Sb.. $5% Raubs $1 b.

Venz: Goldfield $2.30 ». ?

Docks, etc.

11 Commodity

33.66′′ 3401:35 up Business doner--1,310,000 shares.

NEW YORK STOCK EXCHANGE

Latest Quotations

Jnly 25.

As the export of oranges is one of the chief items of Spain's for- eign trade and as the oranges must be disposed of as soon as they are ripe, Spain was faced with grave Flosses if she was unable to sell her Fruit to France. Hence the Spanish Government cancelled the special devaluation tax, the canse of the whole

dispute-Trans-

Ocean Service.

BERLIN STOCK MARKET

BOURSE IN BUYING MOOD

~CHINA MAIL" SPECIAL.

Berlin, To-day.

Both the pablie and operators were in buying mood yesterday, The fo wing quotations were rebut as very little stock was offered ceived by tenter;—

Last close

more

the share market continued fire 11.00 Metallurgicals were again in brisk 10:20 NY/London 4.965. 499% 45% demand, and also dye trusts. Fix- XY. Cotton..

ed interest securities were Oc

friendly, but the turnover remain- Мат

ed small. Call money was at. 274 to 34 per cent-Trans-Ocear, Ser- vice

Sc

HK and K Whartes (old) | C. Corn Sept. 75%

HA and W. Docks $53% = Providents (old) 85 cts. n. Providents (new) 20 cts. n. Hong Kew Sh.. $240 m. New Engineering Sh.' $4 n S'hai Docks Sh. $80 p.

Cotton Mills Ewo Cottons Sh. $7 n.

(old) Shanghai Cotton

$65

Shanghai Cotton (new) 340 m. Zoong Sings Sa. $81⁄2 1. Wing On Textiles Sh.$25's. -Lands, Hotels, etc.

1. HK. and S, Hotels $3.90 n.

HK Lands $31 s. HK Lands 4%

30-4

455

462

EXCHANGES

TO-DAY'S QUOTATION

On London→→→

COMMODITY PRICES On India

term of 75 years.

PARTICULARS OF THE LOT

Mouth, West of Hyra)

Lot ds, 17),

Molding Lot No. 187,-

No, of Bata

Hegistry No.

Locality

shout

(male plan.): 30,000

POSTAGE STAMPS

of

China, Hong Kong

and of the

Whole World

always in stock

also

PHILATELIC GOODS. Catalogue, Album, Hinges

--- GARDEN SEEDS, etc., etc.

GRACA & CO.,

-10 WYNDHAM STREET P.O. Box No. 630. EONG FONG.

Established 1896 .

Everything

gone.. BUT YOUR

11.36 11.35 11.24 1121

11.3-4 11.21

N.F. Rubber

Dec.

12.21

11:98

C Wheat

Sept

Dec.

$6h

86%

75%

$16 b HK. and K. Wharves

$74 D

Der

62%

STOCKS: "

(new) Amer, Smelting 43%

Con Gas N.

25

Elec Bood &

Share

·

General Motors 374

On T. and demand

2/14

37%

Int Tel & Tel 10

95%

9

4 months' sight-

-2/1/%

Loew's Inc

414

41%

Credits 4 months' sight

2/29/4

Montgomery

On Shanghai—.

Ward

30%

30%

N.Y. Central18%

18 18%

On demand

134

Standard 02

On Singapore-

SAVINGS

NJ

464

On demand

90%

Shịus. Steel

41%

1

On Japan-

On demand

17814

RENT

On T.T..and de-mand

13924

The following quotations have On New York been received by Renter

FOOD

On demand

52%

Prev. Yesterday Closing Closing New York Cotton- Jabe

Credits 60-days" sight

544

CLOTHING

On Batavia

On demand

77

October"

December

11.76 11.88 11.36 11.51 11.25

On Paris

HEAT

On "demand

TS7%

January (1936). 11.25

11.42 11.42

Credits 4 months sight.. $321⁄2

On Saigon

TAXES

March

11.26 11.41

On demand

7816

May

1124

11.42

On Manila

WATER

Spot

12.10

12.25

On demand

104%

New York Rubber:

On Bangkok-

July

11.91

11.716

On demand

September

11.99b

11.83

December

12.21

12.03

Bar silver per oz

January

12.28

1210

12.41

12.245

Copper cash

Chicago Wheat:-

Copper cents

par

July...

83%

85

September

8474

86.

December

86%

87%

Rate of native interest. 3% Dian 3234% dis. Chinese Sub Coin Hong Kong sub. coir

par.

Chicago Com:-

July

84%

$4 RAW RUBBER PRICES

September

75%

763%

December

623%

6334

Winnipeg Wheat:-

21%

3134

81% $24

Debentures

100% De Shanghai Lands Sh. $20 Metropolitan Lands Sh. $10 Humphreys $8.10 m. HK Realties $4 n. Chinese Estates $88 n... China Realties Sh.84 n.“ China Debentures Sh.$123 7.

Public Utilities

HE Tramways $1255 n Peak Trams (old) $734 n. Peak Trams (new) $54 12 Star Ferries $76 p. Yaumati Ferries $17.60 m.

C. Light $8.60 saj. HK. Electric $57 b. Macao Electrics $2211⁄2 n. ́ Sandakan Light $3 ́s. Telephones (old) $211⁄4 s. Telephones (new) $8.30 n. China Buses Sh. $1134 m. Singapore Traction 10/6 b Singapore Pref. 22/6 b.

Industrials

Malabon Sugar $81⁄2 n- Cald: Marg (Ord), Sh. $19

Cald: Marg. (Pre£i), Shi $18 n. Canton Tees $1.80 1. Cements $5 3

ELK. Ropes $2 x..

Stores, etc.

Dairy Farms $15.30 n. Watson $3.35 1. Lane, Crawford $3 n. Mackintosh 37 n. Sinceres $4.95;s. Wm. Powells, 20 ets. n. Wing On (HK) $55.8.

Miscellaneous

́ ́EL K. "Amusements $135 2.

Entertainments $4 n

SC Enterprises $1.35 n. Macao "Greyhounds". $2 1. Constructions (old) $1.10 n. Constructions (new) 50 ets. n. Vibro Piling $4

March

July Angust

→

$89

Sovereigns bank buying rate 2/27%

Bar silver in Hong Kong.... nom.

30-3/16

Latest Quotations From Singapore

No. 1 No.3 No.1 No.3] Messrs. H. B. Joseph & Co. have. Com Com. Con. Con received the following Straits Curé New York Sugar:...

rency quotations from Singapore Sept

232

2.28 230 2.27 for Raw Rabber:--| Dec.

2.35 2.23 236 2.27 Jan. (1936) 220n 2.02 - 211n 202 Mar.

2.03 → Y 2:04 2.09

Spot 18% Down 3 b, 19% 3. August-September 19 Down%

b. 191⁄2 S October-December 19 Down

3. b. 1934 5.

January-March (1936)

Down 201⁄2 " Market: Uncertain.

20%

May.

New York. Silk: July 1.

September

December

139% 142 1.39

1240 140.

1:40

Montreal Silver: July

68.40

68.20

FREE EDUCATION

September

68.50 68.35

December January

69.50 69.65

69.40

6330

RETAIL TRADE SALES HIGHER IN JUNE

London, to-day-The value of

IN KWANGTUNG

Treasury Assistance

To Poor Counties

Canton, To-da Beginning from next

Ch. Govt. 5% 1925 GSBda retail trade sales in June 1985 $120,000 will be appropriated from

دیگر

CHITS

SAVINGS

SAVE SOMETHING

START NOW UNDERWRITERS

SAVINGS BANK FOR THE FAR EAST, INC.

Asia Life Building Hong Kons

Tel 20234

Is It Insured?

Insurance All-Classen LOWEST RATES

American Asiatic Underwriters

Fed Inc, USA

General Agendas

Head Office

17. The Band.

Shanghai.

98%

mus four more short-ter was 5.8 per cent greater than in the Provincial Treasury to wa HK Gort 4% Loan 6% Prem June 1994

Stocks at the end of poor counties for the promotion of schools in each Prepara Day 8% Prem, 5, 6%% prem June 1935 were the same value free education, it is learned from

as a year earlier, and employment the Provincial Department HK Gort 3 Lean 14% was 14 per cent higher British Education,

Wallace Harpers den.

Wifreless Serviceri

are now

Masses will

It has been decided to estabi