1935-08-09 — Page 6

BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION

Authorised Capital

$50,000,000

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Issued and Fully Paid-up 20,000,000 Incorporated by Royal Charter, 1855!. Reserve Funds 2-

*

Sterling € 6,500,000 Säver

30,000,000, Reserve Liability of Pro-

prietors

HEAD OFFICE HONG KONG.

BOARD OF DIRECTORS,

SH. Dodwell, Esq.

C. C. Enicht. Ingi -

Deputy Chair WJ.

V. M. Önybartı. “Engi

Chin! MataTT

A. H. Compton Ex..

THE CHINA MATE. FRIDAY, ADEUSTO. 01:35

Commerce and Finance

LOCAL DOLLAR STEADY

£3,000,000 Spot Silver Prices Firm

£3,000,000

Bangie

HEAD OFFICE: LONDON

Paid-up Capital 20,000,000 Rekerve Fand

Reserve Liability of Proi

prietors

Agencies and Branches: Pangoon Sages Setting

£3,000,000

Toile Ipah

Kanchi

Bateria

Klaas

Semmben

Burn be Carotta

Kla

Lumpur Kimbing

Себе

W. H. Bell, Esq. F. S. Morrison Esq. pors M. T. Johnson, Esq. Colocabu Bon. Mr. J. J. Paterson,

Delhi

Haiphon

Hankow Harb

G. Misida, Esq. I. E. Pearce, Esq. Fambung

BRANCHE

AMCY

BANGKOK

BATAVIA

KUNDAY CALCUTTA CANTON CRLPOO COLOMBO DATEN

RAITRONO

HOMSKET 120120 ITCH

JOHORE KORX

LANDON LYONS KALADCA

MANILA

TAE Jobere) MUNDES

NEW YORK

PEPING

PENANG

RANGOON

SAIGON

SAN FRANCISCO KUALA LUMPUR

SHANGRA

SINGAPORE

SOPRABAYA

SUNGE PATANT

› PENTSIN

TOKYO

TSINGTAO TOKOBANA

Central Jerounds opened in Local Cursery and Fime Deposite merved for you past or metler parsons in Local Currency and Sterling O will be quoted en application

Hong Kong, 6th April, 1935.

HONG KONG SAVINGS BANK

The Haw's of the above Bank is condit ed by the HONG KONG AND SHANGZIAT BANKING CORPORATION. Bales may be oblasted no prisention.

FOR THE BONG KONG AND SHANGHAI BANKING CORPORATION,

V. GRAYBURN,

Chat KuongeZ..

Hong Song 2 February, 19

Book Kang

Madras

Manila

Medan

New Feck

Peipine

(kmg)

Penins

Shanghai Singapore Sita Wa

Tit

• The D

Foncia

[Bb] Thetas

Tokohama,

Zambestiga

The local dollar remained steady. opening on demand this morning lat 2/032..

Spot silver was steady at 30-3/16] and forward rose 1/16. being quoted at 304.

The London on New York cross- rate was quoted at -U.S.$1.96%. jas against S-U.S.$4.96%, while

the New York on London

Foreign Exchange and General Bariling taxiners rate was US$1964 as com

Carmer Accorta opened and Fixed Deposits {receland, for one year or shorter periods at rates; {which will be quoted an application.

A. BREARLET.

Manage Hong Kong, 1st January, 1935.

THE BANK OF CANTON, LTD.

Established 1972.

Head Office:-Hong Kong

Authorised Catital |Paid-up Capital

Total Resources

pared with $US1963.

*

EXCHANGES

TO-DAY'S QUOTATION On London-

On Singapore

$17,000,000 On demand

8,655,000 On Japan- 32,170,492

On demand

Branches: Canton. Toishan, Shanghai On India-

Hankow, Bangkok & San Francisco. London Bankers: Lloyds Bank, Ltd.

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

THE

THE BANK OF EAST ASIA, LTD. AMERICAN EXPRESS COMPANY,

Buthorized "Capital

...$20,00€4,000,06

Paid up capital

:

LOCAL SHARES

TO-DAY'S QUOTATIONS

NEW YORK STOCK MARKET

Markets Generally Upward

PROBABLY QUE TO PROFIT-TAKING

In their market report. Messrs.

The following is the list of local. E. Levy and Company, ecrres- Ipondents for Messrs. White Weld share quotations issued to-day:

and Company, New York, state:~~ Banks

HK Bank $1060 b. cum diy, HF Bank (Landan) 10674 r.

ex div.

..

Chartered Bank £134 a.. Mercantile Bank 1 and

42934 11.

Mercantile C. ST214. Bank of East Asia $761⁄2 n. ***Insurances.

Carton Ins- $203 Union Ins. $370 b

China Underwriters 10 cts.” D. China Fire Ins. $382 1. HK Fire las. $200 n. International Assče. Șẽ n

Shipping

Douglases $36 1.

HK. Steamboats $4 n- Indo-Chinas (Pref), $30 m Indo-Chinas (Def), 512 n. Shell (Bearer) $78/- 1- Union Waterboats $1134 n.

Mining

Balatoes $18 m Baguio Gold 22 ets. n.' Benguet Consolidated $12:20 Benguet Exploration 12 cts. I Benguet Goldfield 10 cis n Big Wedge 3 cts, E-

Gold Creek 30 cts. n.

Gold River 5 eta n Ipo Mining 90 cts.'n. Itogons 36 cts. n.

Salacots 12 ets. n.

Kailan Mining Ad. 12/6 m.

Langkats (Single), Sh. $14 D.

On T.T. and demand

'4 months' sight

2/34

Credits -4 months' sight

2./2

On Shanghai-

On demand

138

$812

Antamoks 75 cts. n.

1743

On T.T. and demand

136

Foreign Exchange and Banking On New York- business of every description trans- acted.

On demand

514

Credits 60 days" sight

5334

On Batavia-

On demand

On Paris

On demand

*#233

Credits 4 months' sight. $17

On Saigon

On demand

On Manila-

On demand

10214

On Bangkok

On demand

$92%

INC.

Head Office:-65, Broadway,

New York

Sovereigns bank buying rate 2/15% Bar silver per oz.

30 3/16 Bar silver in Hong Kong ....... now Copper cash

S'hai Exploration Sh$41⁄2 n. S'hai Loans Sh. $514 2 Razbs $74 11. Venz, Goldfield $2.30 n.

Docks, etc.

HA and Wharves

$78 n.

Capital Sumplus Reserves

US$6,000,000.00 2,152.633.06 870.731.05

Copper cents

DOM

par.

BRANCHES

Rate of native interest... 3% pa Chinese Sub Coin 3234 Hong Kong sub, coiz

dis

par

AL

The Furos

Tamberg

Nazume Theres Parin Poining

Sale

- Sezamowie

tombay

Shangha

Int

Уккароти

--

Roveri Funti

Cate

***

Swato

Tat-cpost.

PRIDIAN

sydney

S

Taihnen

Tuned

Tirports

•

Mari

Frandiara

Mama Carlo

Yckobama

Maria

Toughene

Last

Yuuich

Zuch

XT/London

close. 10.20 11.00 1.964 1963 1963

Branches of American Express N.Y. Cotton Company in Principal cities of United States of America and Canada.

· Der.

11:32

May

11.15

1132 11.13

De

12.15

}C. Wheat

accounts

Sept Dee

90%%% 924

C. Corn Sept. 76

59-54

Beserve and Undivided I'mâte 3 206),000,0% |

HEAD OFFICE:~BONG KONG

30 Des Toux Bond choos

BOARD OF DIRECTORS:

Sir Shower Chr. Cha thath

Li Em Chun, Eng. P. K. ä. Eng. Trong

Tire Time, Eq., Chan Ching shek. Eng. Li Lan Seas. Eny- Thoog. Cu Son. Eng. and Ban Ting- Pa Ear

Bombas

Kan Zoo Po, Fagin that Nanneer

The Fong. Engu Season.

BRANCHES AND AGENCIES:-.

Chirutta

Haptoms... Razian Hetalia

Lowire

2

Zapa

Every demetipson of Seating and Exchange bunizem traced a sanid on approved

Curreal Accounts, opard in Loral Cut aberies pride in Lord and Foreign Curry

appiseti

and Fixed Deponit merived for one

W which will be quoted

Safe Deposit Form L

KAN TUNG PO,

சு

T--«!-}

Monter

NEW YORK STOCK

EXCHANGE

Latest Quotations

August 9

..

- "Stocks: Some irregularity was seen to-day, though the markets were generally upward. The irre- Rularity seems to be due more to

profit-taking than to any nervoU3- mess regarding future prospects. | We think that accumulation on set- backs will prove to be profitable. [Business done: 1,430,000 shares,

"Grains:"Although the Trade] generally expects Government esti- mates to be somewhat above pri- hate figures, it would be well to re-l member that these reports only [represent conditions up to August

I..

The Standard Statistics says that the wheat situation has com- pletely changed since July 1 The actual. reduction of supplies is greater than statistics indicate.! Speculators should follow the long-

They met while making à film and now trace Beadler, the blende

Frank aud Prince, a singer (both above), plan a Hollywood marriage.

actrees,

BANK RATE IN FRANCE

Again Lowered By 1⁄2 Per Cent

Paris, To-day.

Weekly Return Issued

side, especially December wheat The Bank of France has re- Total sales: Wheat: 39,620,000, duced the discount rate from 313 bushels Corn: 6.503,000 bushels to 3 per cent-Renter

"Cotton: Secretary of Agrženi- ture Wallace's statement to the effect that when the crop move- ment begins to depress prices the Administration will not hesitate to offer ample loams to absorb excess supplies indicates to as that there. will be no cotton lean for the pre- sent. "Until the uncertainties re- garding a loan' on the new-crop are |definitely removed side-lines

advisable.

are

GOLD STOCK INCREASE

**CHINA MAIL" SPECIAL.

Paris, To-day.

The weekly return of the Eanque de France isssed yesterday shows

HAZING FRESHMEN AT COLLEGE

Alberta University Finds It Costly

LEGISLATURE PASSES ACT

OF INDEMNITY ·

Edmonton Alta-While the hazing of freshmen at Alberta University will, in all-probabili- |ty, be curtailed rigidly in future® owing to the settlement out of court by the Government, for 228,228 of a claim for injury in- flicted on a student during initiation, the Legislature has passed an enactment under which the University of Alberta will no longer be held liable for damages through actions of the students.

The taxpayers of Alberta wil be called upon to pay total costs of $50,051-45 because of the severe hazing activities of the university students. In addi

tion to the $28,228 award to the Powlett family of Calgary

th

{settlement of their daim for [damages, the law costs of the Government and expenses of witnesses brought the total cost Ito the university to Över

$50,000

ROUND THE HORN IN WINDJAMMER

Adventurous Cruise

SEVERAL WOMEN ANXIOUS

TO SIGN ON

Melbourne. Something new în cruises has been devised by Captain- E Dahlstrom, master of the Swedish

A big crop, coupled that during the week from July 26 with Secretary Wallace's statement to August 2 the gold stock in- suggest the likeliness of no impor-creased by 353.664,000 francs, the tant Trade buying before the mar gold stock now, amounting to Owing to ket nears the 10 cent level

Hides: A

cartious buying demands for the monthly settle windjammer C. B. Pedersen,

Unable to obtain freight, he ad- Iment the note circulation increased

121.630,000,000 francs.

H.A. and K. Wharves (new) jagainst $850,000,000 the previous the gold cover thus rising from/round Cape Horn at $50 a head.

74.67 to 75.35 million francs.

(old) Policy is recommended.

"Flash: Brokers Loans during by one milliard francs to 82.214-Rounced that he would take pas- the past week totalled $860,000,000,000,000 francs, the percentage of sengers on the homeward trip Eight berths were available and With the lowering of the disapplications soon came pouring in, count rate from 334 to 3 per cent several from Women.

Signed On it is stated that this is the fourth

The adventurous passengers Itime it has been lowered since it

$741⁄2 H.K. and W. Docks 36% ne Providents (old) 85 cts. 1. Providents (new) 20 cts. n Hong Kew Sh. $240 m.-* New Engineering Shi $4 n- Shanghai Docks Sh.$73 D

Cotton Mills .. Ewo Cottons Sh. $1 a. Shanghai Cotton (old)

$65 22. Shanghai Cotton (new) $40

The following quotations were ze-Zoong Sings Sh. 384

freived by Reuters-

All classes of Commercial Banking NY. Rubber Transactions undertaken

Chief Manager.

Personal izvestment handled

THE CHINA & SOUTH SEA BANK,

LIMITED

(Incorporated in China) Head Office Shanghai

Capital

Rexerte

Bratches

Foreign

cmt

Business Belsarted.

.$7.500.000.00

$1,500,000,00 All Important Cities) in China

And.

General

Bandise

Cerment and Saving Arecante opened and Fixed! Deponira med forsone pesce se shorter peoicada? at putem wh, to will be gained no application.

SOC 2 CHANG

Manager.

RONG KONG BRANCH:

The Tom Ricoḥ, Cosital

Manger's che

Formen Erbance Dept.

Geneal Offer

Cumbier's Oce

****

THE YOKOHAMA SPECIE BANK

LIMITED.

Established 1880

The Company offers to intending Dec Travellers the use of its “Travellers STOCKS--- Cheques" and Letters of Credit and Amer Smelting

addition, the world-wide services! Cón Gas NY. 30% 30 of its thoroughly equipped Travd Elec Bood & Department

Share

13% 13 General Motors 41% 42 Int. Tel & Tel 10% MapsgLoew's In

EW. DUGGAN..

THE WING ON BANK

ec

LIMITED.

Head Office: Hong Kong 26. Des Torx Road Central

Montgomery

46*4 4674

RAW RUBBER PRICES

Authorised Capital $10.000.000 Latest Quotations From

LONDON BANKEES:--

Westminster Band. Ltd.

Foreign Exchange and every des-

Wing On Textiles Sh. $25 z. Lands, Hotels, etc. HK. and S. Hotels $3.80 1. H. Lands $29 1 H.K. Lands

100% IL

The following quotations were reached its peak level of 6 per cent were signed on a, the Swedish

week

Latest Quotations

received by Rester:

NY/London

Sh

cross-rate

NY. Cotton Oct.

11.82

71.13

n. Rubber Sept.

11.98

12.03

Chicago Wheat Sept. 20% ̈ Chicago Corn Sept. 76 Montreal Silver-Dec. 6864 Silver Official..... 67

90%

Debentures

Shanghai Lands Sh. $2016

Prer. To-day's May 28. On June 30 it drop- Consulate as members of the crew close ped from 5 to 4 per cent, and on at the wage of one shilling a month,

July 4, to 314 per cent-Trans- 4.964 4.96Ocean Service.

close

Dow Jones Averages

7

68.55t

130 Industrials 125.61 125.99

38 up 20 Rails

34.10 34.31 21 up 20 Utilities 24.96. 25.09 04 up 96.69 96.65 .04 of

Metropolitan Lands Sh. $10 a 40 Bonds ...

-Humphreys $8.10,5-

HK Realties $4 n. Chinese Estates $88 n.

China Realties Sh.34 z

BERLIN SHARE MARKET

Dull Conditions Continue

the

women being engaged as- stewardesses and housekeepers.

Captain Dahlstrom warned the passengers that they would have to sacrifice any of the, amenities of civilisation in a passage of 100 days or more.

One of the applicants for a, pas-...” sage was Major Charles Milks, C.B.E, Army Headquarters Staff, Melbourne, who is retiring after. forty years distinguished service in the Army.

BLACK AND RED COMBINE

• TO MAKE WHITE

~CHINA 'MAIL – SPECIAL

Berlin, To-day The share market continued dull yesterday; the public showing no disposition to invest. The lack of enterprise was doubtless partly A jet-black chow, owned by COMMODITY PRICES accounted for by the report just Mrs. A. Ferguson of Everstock published of the German Institute Hill, London, was mated with a The following quotations have for Business Research, drawing reddish-brown dog of the same been received by Renter

attention to the discrepancy be breed. The result: A litter of Prev. Yesterday tween the average yield obtainable six chow puppies, all Closing Closing from shares, namely 3,8 per cent, white.

from fixed fand that

interess securities, 4.72, supplemented by the remark that the attitude of the public to the share market is over optimistic.

FLK Electric $581⁄2 6.. $58/59 New York Cotton

25

11 Commodity

Index

53.97 537I 26 of Business "Done:-1,430,000 shares.

30%

China Debentures Sh$123 #.

Public Utilities

132 42%

10% 10

39%

39%

HK Trampays $12.50 h. Peak Trams (old) $734 n. Peak Trams (new) $5% L Star Ferries $76% b

Ward XX. Central Standard Oil

NJ U.S. Steel

33 20

.33% 19%

33

Yaumati Ferries $17.60. n. C. Light $3.60 s.

20%

October..

1132

11.13

4%%

413

41

Macro Electrics $2236 1

December

11.25.

11.03

Sandakan Light $3 s. Telephones (ald) $201⁄2 s., $204 March

*

January (1936)

76.24

11.03

1118

10.98

S3

May

11.15

10.98

Telephones (new) $320 China Buses Sh. $112 Singapore Traction 10/6 b. Singapore Pref. 22/6 b.

July

11.08

10.95

(Spot

71.85

11.65

New York Rubber:

September

11.98a

December

January March May Chicago Wheat: September

22.17 12.21 12.23 12.27 12.38 12:42 12.50b:

12.534

Becember

90% 922 92

90%

May

94%*

9314

Chicago Corn:----

75

75%

December May

59%%%

59%

6134

60%

Winnipeg Wheats- Angust

847%

8436

New York Sugar:--

Sept. Dec.

Singapore

cription of-banking business transact- Messrs. E E. Joseph & Co. haye received the following Straits Cur- Current Accounts and Savings Ac- comats opened. Fixed Deposits rency quotations from Singapore ceived at rates which will be quoted for Raw Rubber:— Capital (full paid-up) Yen 100,000,000 on application. Special rates given Reserve Fund

Yen. 125,800,000 for Special deposits.

Trusteeship and Executorship dertaker Safe Deposit Boxes for Hhire.

Head Office:--YOKOHAMA

- Branches and Agencies at: Alexandria

Nagasaki

Batavia Berlin

Bombay.

Calcutta

Canton

Dairen (Dalny)

Nagoya

New York

Osaka Paris

Priping Rangoon

Fengden Mukden) Rio de Janeiro

Hamburg

Pankow Harbia

inking

Karachi

Kobe

London Los Angeles

Moil

San Francisco

Seattle

Semarang

Shanghai Singapore Sourabaya

Interest allowed for Cisza

Deposits received for fired st Tates to be obtained.

ong Kong, 143

· PHILIP GOCKCHIN Chief Mana SET

L. GOCKCHS... - LI SEU FONG Asst. Manager Asst. Manager

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED

(Incorporated in China)

Capital paid by

$5,000,000,

090. Beserves Capital Savings Dept. Reserve Savings Dept, $500,000.

“Head Office-Shanghai: 97% A. Bank hiring as in mission the industrial development a China and the Lostering of her commercial relations sorod

abroad Bong: Kong: Odien....if

~7: Ien -Höstse". St. Phone: 31491-2-37

Buyers Sellers Spot 19% Up b. 19% s October-December 2014 Up

b 201⁄2 3.. January-March (1936) 21% Ty

YE, 213 s. April-June (1936) 22 Up 3/4 D

MarketSteadier.

Is It Insured?

America A

ters

Industrials Malabon Sugar $81⁄2 n. Cald: Macg. (Ord), Sh. $194

Cald: Marg. (Pret), Sh. $13 Carton Ices $1.80 n. Cements $3s- HK. Ropes $2. T

Stores, etc. Dairy Farms $15

15:20 82. Watson $3 n Lane, Crawford $3. z. Mackintosh $1 Sinceres $4.70: Wm. Powells 70 che m Wing On (BAK.) ($55 11.

Miscellaneou

:

$15.15/-September

HK Amusements $1.85 11. Entertainments $42

S-C Enterprises $1.35 n.” Macao "Greyhounds" $2 Constructions (old) $110, 1. Constructions (new) 25 cts. 1 Vibro Piling 34′′n Office Ch. Govt 5% 1925 – G5Bds.

The consequence was that fixed

interest

were

more

securities active than for some time past, the

prices of city loans and gold mort- 12.03a gaye bonds being well maintained. Call money was at 2 to 3 per cent-Trans-Ceran Service.

REICHSMARK QUOTATIONS

No. 1 No.3 No. 1 *No. 7

Perila,

To-day- Reichsmark quotations (without guarantee) are: New York, 4033; Paris, 609.43; Amsterdam, 59,64,and London, 12:29. The Paris sterling quotation is 7495 and the dollar, 15.10.-Trans-Ocean Service.

GOLD SUITS BARRED

Washington, to-day

be

Con. Con. Con Can Senate has passed a bill closing 2.30 226 2:34 229 the Courts against gold clause 2.43 224 2.46 2.25 its against the

Jan (1936) 216n 204 218m 205 after six months

March

**2.05 ·

May

210

207 2.12

New York Suk:

September

December March

1:45 2446 44

L46

Montreal Silverskyest

HK Gort 6% 10m 64% prem. Sept

57,76

$68,64

HI Govt Exam

$8.900

prem b

69.35

QUALITY

Government

PRINTING

snow

SHIPMENT

OF

NEW GOODS

JUST

ARRIVED

ALBIL

10c.. & 20c.

STORES

Ic D'Aguilar

FAND

228, Nathan Road, Kowloon,

Wallace Harpers. 34 1.