1935-07-30 — Page 6

BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION

Authorised Capital ... $50,000,000

→

THE CHARTERED BANK OF

INDIA, AUSTRALIA & CHINA.“

Issued and Falls Paid-up 20,000,000 Jacorperated by Royal Charter, 1851 Reserve Funda

--

Sterling £ €500,000 Svez... $0,000,000 Reserve Liability of Pro-

prietors

-HEAD OFFICE HONG KONG,

BOARD OF DIRECTORS.

SH. Doda Eng.

C. C. Enieb Esq.

Deputy Chairma

V. M. Grybara. Esq.

Chirt Manager

HEAD OFFICE: LONDON

Paid-up Capita

haruchi

20,000,000 Reserve Fund

£3,000,000 £5,000,000

Reserve Liability of Pro-

prietors

£3,000,000

Agencies and Branches:

Alor Star

Iloйo

Įpah

Kangoda Saigons

·Bangkok

Semarang

Belavia.

Xane

Newnham

Shanghai

Bomber

Chicastra

Cat

Singapore Sitiawan+

Kuching

Zarurabaya

Con

Vadres

Talpine

Colomba

Treatsin

Delhi

Moder

Tongiab

Herphont-

New York

(huker)

Ramburg

Pritise

Tinglo

Hankow Hurbic

(Peking) Penang

Yokobazia

Zambong...

W. H. Bell, Esqű K. §. Morrison Easjcampers A. EL Compton Esq

M. T. Johnson, Esq Hon 31 J. J. Paterson.

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

ANOT

BANGIOE

BATAVIA

BOMBAY

CALCETTA

CANTON

GETBROO

COLON BO

DAIRES

MAINONG

HANNRG

MANKIA

HAREN HONGKEW

ILOILO

P

BOHOEF

FORF

KOWLOON

BRANESTES:-

LUNDON

LTONS

MALACCA

MANILA

MTAE (Johor)

MURDEN

NEW YORK

PELPING

PESANG

BANGGOON

- SAIGON

SAN FRANCISCO

KUALA LUMPTE

SHANGHAI

SINGAPORR

SOCRABAYA

SUNGEI PATANI

TIENTSIN

TORTO

TSINGTAO YOKOHAMA

•Cummins munte opened in Local Coment? and Fized Tangproute, funered for our pet er -bound in Local Cormier and Sterling Oh will be quared on application.

Hong Kong, 6th April, 1935.

HONG KONG SAVINGS BANK

C

The Bum of the shove Bank in conduct

BONG KONG AND SHANGHAI we By the

BANKING CORPORATION Res may be estated a grave

PR THE SONG KONG AND SHANGHAI BANKING CORPORATION.

Hong Kong. Feirmary,

GRATETEN,

Chart Manager.

THE BANK OF EAST ASIA, LTD.

Authorised Capital, men Paid-up Capela

$20,000,000.00

... $.208,000,00

Baron and Tadivatres or 280,000,0

EEAD OFFIC ION

J. Des rex Porn

BOARD OF PERCARS --

See Sacomon Clin, Gorman,

La Roma. Chron. Esq. P. K. Bank Eng. Time Tuo Tone. E. Char Ching. Egian Sang. Eg Wong Chy No. E q, and Ema Tog Po. Eng.

-------

Faison Pn. Eng., Win! Yanarer. In The Foog. Eng. c.

Amor

Bazarin

Bozbey

Cairutta

Cannot

Haiphong Hanaow Honolulu

Kowloon London

BRANCHES AND AGENCILS

Masala

--ene Negaki

Prz

Tepung T

קל

ATATS

Shippi

• Štagaperu

*Surabaya

じ

Sydney

Iwainin

Τούτο

Francisco

Yokohama

Cahange

Every dription of Peaking sod buslarse tratama tel.

Hong Loan

__******

متنهمكة

THE CHINA MATE""""TRESDAY JULY

Commerce and

Finance

LOCAL DOLLAR

DECLINES

Silver Prices Fall

The local dollar has declined .opening on demand this morn- ing at 2/0%.

Silver prices also declined, spot- to 303/16, and forward 4 to 130... ·

The London en New York cross- rate was quoted at US$496,

as agains: £-US$1961⁄4%, while the New York

*London

ON

Formen Suchange and Gerral Banking business cross-rate was quoted at US Current Accounts oorost and Fixed Deposita $4.9634, as against £-U.S.54.9675-

aracted.

received for one year or dorter periods at quies | which will be quoted on unlientiem,

A. BREARLEY.

Manager. Hong Kong, 1st January, 1935.

THE BANK OF CANTON, LTD.

...Established 1912.

Head Office-Hong Kong.

Authorised Capital

Paid-up Capital Total Resources

EXCHANGES

TO-DAY'S QUOTATION

$11,000.000 On Shanghai- $,655,000 On demand 32170422 On Singapore-

On demand On Japan-

LOCAL SHARES

TODAY'S QUOTATIONS

1935

PROPOSED RAYON

FACTORY

Mulberry Branches As Raw Material

CANTON CHEMIST

SUCCESSFUL EXPERIMENT BY

Canton. To-day.

NEW YORK STOCK MARKET

Little Change Anticipated

ANG PALE

WHEAT HARVEST RETURNS

VERY POOR

NEW ADVERTISEMENTS

THE RAUB AUSTRALIAN GOLD MINING COMPANY LTD.

NOTICE

TOTICE IS HEREBY GIVEN

Nthat the Share Registers of

In their market report. Messrs-the Company will be closed from Having seen the experiment of S. E. Levy and Company, corres Saturday, 17th August, 1985, until The following is the list of local making rayon from mulberry pondents for Messrs."White Weld Wednesday, 28th August 1935,

branches by the Sericulture Im-and Company, New York, state-both days inclusive.

share quotations issued to-day:

Banks

HE. Bank $1045 b. and sa HK. Bank (London) £106 n Chartered Bank £13% n. Mercantile Bank A. and

$314 n-

Mercantile Bank C. 13 Bank of East Asia $7621⁄2 3.

Insurances

Canton Ins. $208 n. Baion-Ins. $370VIL

China Underwriters 10 cts, a' China Fire Ins. $382-m.

EK Fire Ins. $200 n. International Assce. $4 n.

Shipping

Douglases $36 m

H.K. Steamboats 34 Di

On London-

On T.T. and demand

4 months' sight Credits 4 months' sight

2/1-

Indo-Chinas (Pref), $30

2/2

136

Indo-Chinas (Def), $12 1. Shell (Bearer) ST1/10 1 Union Waterboats $1134 n..

Mining

Antamoks 71. cts. D.

$87%

Balatoes $18 ng "

Bagnio Gold 22 ets. m.

15

1374

51

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

Foreign Exchange and Backing, business of every descriptios trans On India--

sectors

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

Safe Deposit Botes (various sizes) for hire.

LOOK POONG SHAN,"

Chief Manage

On demand

On T.T. and demand On New York-

Credits 60 days sight... 5316

On 'demand

On Batavia-

On demand demand

On Paris"

On demand

Credit 4 monts" sight

SAFETY FIRST !

On Saigon

On demand

To Safeguard Your Valuables and Jewelleries.

Deposit them in a Vanit

-

that is really:

FIRE-PROOF

BURGLAR-PROOF

· DAMP ~PROOF ↑

OUR SAFE DEPOSIT VAULT

On Manila.

On demand

On Bangkok-

734

10231

On demand

89

Sovereigns bank buying rate 2.1% Bar silver per oz.

30 3/16

located on the Jezzanine Floor ofar silver in Hong Kong ... nom Our New building is Specially Con- Copper cash structed to provide all of these In-Copper cents. portant Qualities.

may obtain a Safe Deposit Box in this most up-to-date Fault Lor Tour 697 use aLa very moderate Ken tal

Tnspection Cordially Türited. THE NATIONAL COMMERCIAL ́& SAVINGS BANK, LTD. Corner of Ice Enver Street and Des. Voeux Road, Central

THE

Los paned on apprend AMERICAN EXPRESS COMPANY,

Current Secalenta open-d in local' Curency mod and Drynameis Incited for one

aborter periodu in Loral med Foreign Curruncum da serte wherle mitä "be quoted on appúratio

Safe Deposit Frozen to Luz

· KANTONG "P0.

Chief Ma

Head Ofice

...Shanghai

Capitul

$7,500,000.00

Beve

.$1,500,000.00

THE CHINA & SOUTH SEA BANK,

LAIMITED

Incorporated in China)

Branches All Important Cities

in China,

Fariz Exchange and General Basking Baits and

Current und Saving Accosts opened and Fized Dopmitived dom v zeme ve shotzer penods |

i will be qusid oc application.

SOU Z. CHANG,

HONG KONG BRANCH,

21. De Voru Rond, Central

Foreign Exchange Dept.

Cashier's Ofer

„Tel. #st

Kanager's_ Outing

Geseral Offe

HAFN

ホン

THE YOKOHAMA SPECIE BANK

LIMITED.

Established 1880

Capital (full paid-up) Yen. 100,000,000 Reserve Fund Yen. 125,300,000

Head Office:-YOKOHAMA

Brancher and Agencies at:

Alexandria

Batavia

Berlin

Bombay

Calcutta

Canton

Dairen. (Dalny)

"Nagasaki

Nagoya . *

Osake

New York

Paris... Peiping Hangoon

Fengtien (Maiden) Rio de Janeiro Hamburg

Hankow Barbin

Hong Kong

Kobe

Esinking Karachi London Los Angelés Menila

Sa

Francisco Semarang Shanghai Singapore

Seattle

Sourabaya

Sydney

Yingkow

Interest allowed for Current de

Teposits received for fixed pe at rates to be obtained on appl

Hong Kong 11th Ma 1925.

DIC

Head Office: 55, Broadway. New York

Capital Surglas Reserves

пот

par.

3

pai

dis.

par.

Rate of native interest Chinese Sub Coin ...: $24 Hong Kong sub, coin

NEW YORK STOCK- EXCHANGE

Latest Quotations

Jnly 30.

The following quotations were re- ecived by Rester:--

provement Bureau, which turned

Stock: We anticipate little out a success. Chairman Lin Yuen-early change in the character of kai of the Kwangtung Provincial trading

contra-seasonal Govemment, called the director and business expansion continues to Bthe chemistry expert of the Bureau attract investment funds to the

on Saturday last for a discussion market. Business done: 1,750

Benguet Consolidated Si24 D. Benguet Exploration 12 cts. ne Benguet Goldfield 10 ets

Big Wedge & cts. Gold Creek 30 cts.

Gold River 5 cts. 1.- Ipo Mining 90 cta n.. Itoguns 36-cis, n.

Salacots 12 cts.

Kalan Mining Ad. 13/6 a Langkats (Single) Sh. $14 - 1. Shai Exploration Sh. $431⁄2 Shai Loans Sh. $54 n. Razbs $7.60 b. Tenz: Goldfield $2.30 n

Docks, etc. HK and K Wharves

$76 b HK and K Wharves

$74

as to the establishment of a fat-000 shares. “***

tory for the manufacture of rayon.

Wheat South-West harvest-

DERRICK & CO.,

Local Secretaries,

Singapore.

PUBLIC AUCTION

Undersigned have receiv-

According to the chemistry ex-ing returns are very poor and Ted instructions to sell by

pert, the fibre contained in mul prospects of a seriously reduced!

berry branches is plentiful and crop in the North-West suggest Public Auction strong and it is more economical that the American wheat mar

to use this newly found materialket may work irregularly and FRIDAY, the 2nd. AUGUST. 1935,

higher. Wel than to buy raw material from independently

commencing at 3 pm. foreign countries. A large section would advise buying on further At Godowe No. 4 of The China of the factory will be fitted out recessions and we would avoid Provident Loan and Mortgage Co.

Total sales: Ltd.. West Point- with home-made machines and only bulge buying

a small amount will be purchased 54.107.000 bushels Total sales from America-Central Press.

SLUM CLEARANCE IN LONDON

,

"

20 Bags Rubber Foot Wear

21 Cases Rubber Foot Wear

LAMMERT KROS,

Auctioneers- Hong Kong 30th July, 1935-

of corn. 10.453,000 bushels.

Cotton: The cotton marketi reflects the weakened technical Terms: Cash on Delivery

Trading is dull. Position

Government the jawaiting

Bureau, report and the decision with regard to the cotton loan.

Silk: The situation on the silk market has improved and the small stocks of finished goods on hands promise an ex-! tension of the advance in the The progress of the Govern-price of silk futures. Total sales ment's campaign for the sbelition 199 lots.

Expenditure Of £1,000,000

London, to-day-

of slums contines.

SANITARY BOARD MEETING

Hides: Offerings of actual Compulsory Inoculation

Of Dogs?

TO-DAY'S MOTION BY MR. M. K. LO

In the London area. following hides continue to be moderate conferences between the County and a good seasonal improve- Council and the Metropolitan ment in demand is indicated for Boroughs, it has been decided the near future. so that wel that the county will acquire and would accumulate on any reces- clear the larger condemned areas, sions. Outside demand is slow- forming satisfactory rehousing ly enlarging and we reiterate sites and boroughs, and will then our bullish views for this mar-Board this afternoon, a minute will deal with smaller areas,

At a meeting to-day the London

lket

%

At the meeting of the Sanitary

be, read by the President relative Flash: The Consolidated Gas to the departmental limewashing.

Mr. M. K. Lo, persvant to notice, County Council will consider seven Company of New York has de- (old) schemes for slum clearance. in-clared a dividend of 48 cents per will move:

H.K. and W. Docks $61⁄2 n Providents (old) 85 cts. Providents (new) 20 cts. D. · Hony Kew Sh $240 m New Engineering Sh. $4 n. Shanghai Docks Sh-$18 m

Cotton Mills

Exo Cottons Sh. $7 z- Shanghai Cotton (old)

$65 A

ilast year.

volving expenditure of nearly share for the quarter May-June-) "That this Board, being of the (new) £1000,000 and rehousing 6,000 July as compared to 41 cents opinion that mass or compulsory people-British Wireless Service for the corresponding quarter of inoculation of dogs is an effective means of eradicating rabies, do Steel Mill activity during the respectfully urge the Government COMMODITY PRICES past week is estimated at 44 per to take immediate steps to intro- cent of capacity compared with dace a system of compulsory ino- 42.2 per cent for the previous calation of all dogs in the Colony, |such inoculation to be done by the

Government free of charge."

Correspondence relative to the eating house Bcence at the whole. The following quotations were house of Nos. 262 and 264 and the received by Reuter-

ärst, second and third floors of No. Prev. To-day's|266, Shanghai Street, will be read

close

elosajand various applications for eating

Shanghai Cotton (new) $40 Zoong Sings Sh. 881⁄2 Wing On Textiles Sh. $25 r. Lands, Hotels, etc.

The following quotations have week... been received by Renter.

Prev. Yesterday Closing Closing

H.K. Lands 4% Debentures New York Rubber:

Latest Quotations

NY./London

Cross-Rate

4964 4.95 11.62 11.50 11825 1200

Chicago Whest Sept. 92% 92% Chicago Con Sept. 78

Dow Jones Averages

30 Industrials 125.27 126.56 129 up 3432 35.25: 93 ap

December

Sh2(New York Cotton:----

October

11.62 11.50 1148 11.37 January (1936), 1145 - 11.35 March

11.41 11.28

May

Last close X.Y./London 196 INY." Coston

Oct. Ms

...S.$6,000,000.00

| N.3. Rubber

Dec.

10.20 11.00 4.95% 4.26

11.62 12.59

- 11.59 11.36 11.40 11.09

12.03 12.20

FLA. and S. Hotels $3.30 sa H.K. Lands $31 n

July

¡Spot

11.26 11.26 11.31 .11.23 12.15

NT. Cotton Oct.

NY. Rubber Sept

12:05

77

100% L

-2

September

11.825

12.00a

12.22

Shanghai Lands Sh. $20 a. Metropolitan Lands Sh. $10

December

12:03

12:20

Montreal Silver Dec. 69.00 Silver Official

68.50

672

January

12.08

12:264

2,163,633.06

C. Wheat

Humphreys $8.10 8. -

March

12.26a

12.423

X870.731.05

Sept

92%

HE Realties $4 n.

¡May

12.544

20 Rails

Dec.

9474

95*4

Chinese Estates $88 ...

Chicago Wheat:—

20 Utilities

Amsterda interp

IN

China Realties Sh$4 n

(July

927%

92

Dec.

Athena -

The Bach

Napin

China Debentures. Sh.$123 a.

STOCKS

Pirner

Facia Berlin.

J'en

*

Amer Smelting 44

4444

Public Utilities

September December

92%

92%

9474

9339

tors

Con Gee N.Y. 26%%

27

H.5. Tramways $12-404 $122

May

96%

$5.

harg

4. Prisena

Elec Bond &

•

Share

મ

9

93

Chicago Cer:--

Ping

Calcurta Canne Colombe Corkagen Dublin Pichurgh Forace

irect Leon

shunchal

General Motors 3831

38

3834

Peak Trams (old) $74 n

July

3424

Southampte

-Int Tel & Tel 10-10

10

Peak Trams (new) $5

September

78

Nin ezpare ·

Timatin-

Loew's Inc

40

Star Ferries $76 ..

December

Lalate

Wan Carlo

Montgomery

Yaumati Ferries $17.60 n.

A for

May

17 647% 64 6T

663%

Ward

321

Takabana Zarich

NY. Central

18

2:9

29

C. Light $8.60 m.

Winnipeg Wheat:--

MOTEX

Standard Of

XJ.

July

46

4634

46

August

858 85% 85% 85%

423%

424

Gebers

⠀ BRANCHES:

www

*Twynina..

C. Corn Sept. 78

Branches of American Express US. Steel Company in Principal cities of United

States of Ameria and Canada.

܀

All classes of Commercial Banking: Transactions undertaken.

Personal handled.

investment

The Company offers to intending Travelers the use of its "Travelers Cheques" and Letters of Credit and in addition, the world-wide services of its thoroughly equipped Travel Department

Z W. DUGGAN...

Manager.

THE WING ON BANK LUTED.

Head Office: Hong Kong 26, "Des Toerr Road Central Authorised Capital $10,000,000

SALONDON BANKEESS

* Westminster Band. Lt. Foreign Exchange and every des cription of banking business transaÇİ- ed.

"819

$94

*14 324

THE

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED

(Incorporated in China) Capital paid up

Reserver

$5,000,000, $7.300,000 Capital Savings Dept. $500,000. Reserve Syringa Dept. $600,000. -Head Office Shanghai

A Bank having as its mission the industrial, development os China and the fostering of ber commercial relations abroad. Hong Kong Office

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

Is It Insured?

Insurance--All® Classcă LOWEST RATES

Current Accounts and Savings Ac-American Asiatic Underwriters

counts opened. Fixed Deposits re-

ceived at rates which will be quoted, on application Special rates given for Special depolts.

steeship and Executorahiy dertaken Safe Deposit Boxes Sor

-SHU TONGA

Fil Inc, USA

General Agents

HF. Electric $57 ́n Macao Electrics $22341⁄2 n. Sandakan Light $3. 8. Telephones (old) $2134 8. Telephones. (new) $8.30 n. China Buses Sh. $114 n. Singapore Traction 10/6 b Singapore Pre£. 22/6 b.

Industrials Malabon Sugar $814 n. Cald: Macg (Ord), Sh. $191⁄2

Cald: Maeg. (Pret), Sh. $18 Canton Fees $1.80 z Cements $44 3. HK. Ropes $21.

Stores, etc Dairy Farms $15.80 s Watson $3.35 n, Lane Crawford $3 m. Mackintosh $7. Sinceres $4.70 1

Wm Powell's 70 ets.m Wing On (HK) $55

Miscellaneous >

F. K. Amusements $1.85 1. Entertainments 14 n SC Enterprisen $185 m. Macao "Greyhounds $2 n. Constructions (old) $110 Constructions (new). 50 ets. Vibro Filing H

Chi Govt: 6% 1525 G*Bds

90% n

HK. Govt 4% Loan 6729% prera.

Tre Wall

New York Sugar:-

¡Sept. Dec.

22.95 $23.28 33 up

40 Bonds ... 96.86 96.98 12 up

11 Commodity

Index ....

55.22

Business Tober-1,750,000 shares.

DANISH FARMERS

STAGE ORDERLY

DEMONSTRATIONS

(Continued from Page 1. }

FURTHER DELAY

No.1 No.3 No.1 No.3 The delegation then had half Con Con Con. Con. an hour's, conference with the

231 227 232 2.29 Premier, but subsequently "in-| 2.40 2.28 242 2,30 formed the crowd, which had Jan. (1936) 2.13 2.08 2.16n 2.08 patiently awaited developments, March

2.10 that the assurances given by the 215 Government were wisatisfactory, because they meant further delay in action.

2.08

May

2.13

New York Silk:- September December March

1.41

1.44

141

143

1.41% 143

Montreal Silver:— a July

September

December

Janitary

The assembly thereupon trusted the economic committee of the Farmers League with the task of taking the necessary measurez to win recognition of the farmers” demanda The crowd then dás- 68.80npersed in perfect discipline.

68.10 67.95 68.10 68.10 69.00

69.20n

63.50

Four of the leading political parties have meanwhile agreed on

RAW RUBBER PRICES the proposal that a duty be levied

Singapore

on all foreign com so as to raise Latest Quotations From the Danish corn. price above the world price level It remains to be seen whether this measure will Messis HB. Joseph & Co. have be regarded by the farmers as an received the following Straits Cure adequate answer to their de

mandafrana-Ocean Service: rency quotations from Singapore for Raw Bubber:

Spot 19% p 1⁄4 0., 19% 5. August-Se

b

ember - 20 rp

QUALITY

986)-20%

home licences will be considered.

An application will also be con- sidered for an offensive trade licence for cleansing sharks' fins at No. 19, Centre Street, third floor and root.

The remaining business will con- sist of the consideration of regu lar returnŐ..

Everything

gone.. BUT YOUR SAVINGS

RENT

FOOD

CLOTHING

HEAT

TAXES

WATER

CHITS

SAVINGS

SAVE SOMETHING

START NOW UNDERWRITERS

SAVINGS BANK FOR THE FAR EAST, NC

Asia Life Balag