1935-08-24 — 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, 1853. Reserve Funds

Sterling -- € 6,500,000 Silver

$ 0,000,000

Reserve Liability of Pro-

prietors

HEAD OFFICE HONG KONG.

BOARD OF DIRECTORS,

& H. Dedwall, Esq.

Chairman.

CC Kaight. Eng.

Deputy CIDAD

F. XL. Grayburth Esq.

Chief Manager.

·HEAD OFFICE: LONDON

Paid-up Capital

W. H. Bell, Esq., K. S. Morrison Esq Cawnpore A. E. Compton Esq

MT. Johnson, E#q+ Hon Mr. J. J. Paterson,

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

BRANCHES

ΑΝΟΣ

LONDON

BANGKOK BATAVIA

LYONS

BOMBAY

CALCUTTA,

CANTON

CREFOO COLOMBO DAIZEN FHKCHOW

BAITHONG.

HAMBURG

HANKOW

HARRIX HONGREW

TZAILO

IPOH

TOHO RE

GOBE

KOWLOOX

MALACCA

MANILA

Foreign Exchange and Ownersi Barking Dodmenu

| SULTANICDEČ.

Current Account opened and Fixed Depo received for one year de aborter period which will be quoted on application.

A. BREARLEY,

THE CHINA MAIL SATURDAY, AUGUST 24,

Commerce and Finance

COMMODITY PRICES

The following quotations have been received by Reuter

Prev. Yesterday

20,000,000

Reserve Fund

$3,000,000 $3,000,000

Reserve Liability of Pro-

prietors

£3,000,000

Agencies and Branches:

Closing Closing

Aloe Fraz

Toile

Rangoon

Amritanc

Saigon

Bango

Seperang

New York Cotton:-

Bateria

Bombar

Kang Kobe

Neremba

October

∙11.29

10.30

Shanghai.

| Calcutta Canton

Kuala

Starapore

December

11.08

10.58

Lumper

Sitiawan

Kuching

Surabaya

January (1936) 1103

10.60

Cebu

Vedes

Taping

| Colombo

Mania

THOMËN

March

11:02

10.59

Tongkak

May

11.03

10.61

Haiphong

New York

[Blow)

Priping

Tsingtao

July

10.97

10.57

Hankow Barbiz

(Peking)

Takedama

Pecang

Zamboanga

Spot

11.70

11.10

Hoog oor

New York Rubber:-

September

1204

12.05

December

12.23

January

12.31 -

Managen. Hong Kong 1st January, 1935.

March May

12.45

12.25 1233 12.46

72.55

12.59

Chicago Wheat:-

39

December

May

91 93

$934 91% 931⁄4

Chicago Corn:--- September

74%

75

55%

564

8,655,004 May

572

3S

Winnipeg Wheat:--

86%

86

8534

3574

85% $5%%%

No.1 No.3 No. 1 No.3

NGAR Babore) MUKDEN

NEW YORK

PEIPISO

ENANG

RANGOOX

SAIGON

SAN FRANCISCOTM

KUALA LUMPCE

SHANGHAI

SINGAPORE

NOURABATA

SUNGHI PATANT

TIENTSIN

TOKYO

TSINGTAO YOKOHAMA

Carmas Arrect opened in Loral Curseder and Fixed Tingemit amived for one year or shorter period in Iral Cimary and Raerling oa buren which will be quoted on application...

Hong Kong. 6th April, 1935.

THE BANK OF CANTON, LTD. September

Established 1912.

Head Office:--Hong Kong

NEW YORK STOCK MARKET

Selective Strength

Foreseen

SPORADIC SELLING OF UTILITY ISSUES

SHARE MARKET

Messrs. Harriman's

Weekly Report

Я

GOOD DOUBLES PAIR

DISCOVERED

(Continued from Page 5)

KING'S.

TO-DAY AT 6 & 9.30 PM

It was a disturbing penalty at Prof. WILLIAM DOOKLA

Messrs. G. A. Harriman & Co.'s so vital a stage Van Ryn had al weekly share report and Market little friendly conversation with review issued at noon to day the foot-fault judge before the next set began, and did not make states

We have experienced very the technical infringement again.

Fine Forehand Drives steady market during the period under review with trading on

The fifth set opened auspicious- moderate scale. The demand for enough for the home pale. investment stocks continued

They broke through Allison's ser- abated with enquiries for Honvice, Hughes drawing warm ap- Kong Trams at $12.20 (ex interim plause with two splendid forehand [dividend of 40 ets.), Star Ferries drives.

at $78, and Hong Kong Electrica

This fracture governed the set;

In their market report. Mess, /at around $58.75 Telephones both sides sensed its moral value.} S. B. Levy and Company, corres (old) were dealt in at $20.50/75 All served well up to five-three. Dondents for Messrs. White Weld closing steady at the former

done transactions

Finally Allison served for the last time. His heroic efforts had $1525/15.50 closing in demand at Wharves were quiet but $15.60

TROPICAL EXPRESS NON-STOP REVUE

ARTISTES! ·24 GIRLS:

NEW ACTS! NEW SONGS! NEW DANCES! -

for a raid across the court. and Company, New York, state:Sure Hong Kong Lands could and both Hughes and Tuckey, of $1). Dairy Farms were better brought off some capital poaches. "Stocks: The manner in which be placed 528 (er interim dividend selecting just the right moment the market withstood the voting on with the Utility Holding Company Bill was most encouraging and we an ticipate further selective strength over the week-end. We believe there were small buyers at $76. taken their physical toll The

Docks came into prominence with Americans collected only one point, 145 enquiries at $3.75 Minor issues and the match ended, not with a 900 COSTUMES! 101 SCENEST that utility issues will be subject

slightly knock-out blow, but with a stroke useful to the British-a to sporadic selling for some time

appraise, the generally, displayed a

China Lights Just as until investors

firmer tendency.

As a spectacle the match pro- status of companies under the new

fluctuated widely between 38.10 double-fault Legislation Business done:

and $8.50, closing with sellers at 1,890,000 shares.

$345. Hotels changed hands ativided good measure for the specta $2 and tors money. It went the full Grains: The market advanced $3.55/60, Ropes at

in suspense until the last game,Į EVENING $3, $2, $1 slightly to-day on better trade and watsons at $10. On account course, and the verdict was held MATINEE $3, $2, $1 & 30 cts. Plan

of the easiness in exchange Hong Kong Banks rose to $1.100 after although, the trained eye saw that Servicemen in Uniform-MS. $1.50 the Americans were losing ground crop, we would prefer the longside business at $1,075/80 and Union-way through the final bout.

27.059.000 Total sales: Wheat: bushels Corn: 3,971,000 bushels to $385

"Cotton: There was considerable Con. Con Con. Con covering by short interests, but the

2.54 Trade

bought substantially. 270 244 267 238 Opinion regarding the market is Dec. Jan. (1936) 2.26a 214" 224n 206 divided.”

215 March

Authorised Capital ... $11,000,009 December

Paid-up Capital

Total Resources

32,170,492 Branches: Canton, Toishan. Shanghai, Hankow, Bangkok & San Francisco. August London Bankers: Lloyds Bank, Ltd. October

.Foreign Exchange and Banking December business of every description trans-New York Sugar:--- acted.

Current Accounts opened and Fixed

HONG KONG SAVINGS BANK Deposits received for one year of

The Bumcons of the above Bank in conduct ed by the ING KONG AND SHANGHAI

BANKING CORPORATION, Bules may be obtained on application.

FOR THE RING RONG AND SHANGHAI BANKING CORPORATION

V. M. GRAYBUEN,

Chief Muonger.

Hong Kong, och February, 1985.

THE BANK OF EAST ASIA, LTD.

„$70,000,000,00

Bavers and Undivided Fred $2,480,000.00

HEAD OFFICE:-BONG KONG

shorter periods at rates which will be Sept.. quoted on application.

Safe Deposit Boxes (various sizes) for hire.

LOOK POONG SHAN,.

Chief Manager May

THE

AMERICAN EXPRESS COMPANY,

INC.

Head Office:-65. Broadway, New York

Authorized Capita

Paid-up Capital -

——$ 2,394,800.00 |

Capital Surplus Eeserves

U.S.$6,000,000.00

2,183.633.06 870.733.05

BRANCHES:-

Milan

Glasgow

•10. Dra. Four Bori Central

BOARD OF DIRECTORS:—

***

Paris

Amendam

Antwerp

The Starve Patana

Famborg Farma Fridribers Inseriaken

Sverpool

Priping

Palema Rotterdams Port

Shancha

·Adhens

Asuka

Lá Lan

Basin

Baria

Bombay

Bermen

Brela

Caira

Linador

Sir Show-son Chow, Cimi nazi,

ti Soon Chu, E. I. Krok. Eng Thong Too. Ing. Et Chan Ching Shank, Eng

Fans, Dag. Fong Chu Son, Eag, and San Fing -Pa. Eng

Kan Tong Po, Eaque Chiel Sassager.”

L Toe Fong, Eig Naver.

BRANCHES AND AGENCIES:-

Manila

Valdor

Calcutta. Canton Baiphong

Sextile

ÁRDON

Settarang

Basevie

Bombay

Xacemaki

shanghai

Xew York

Singapore

Sourabaya

Chukka

Paris

Swador

Taiboka

Tiemais

Sain

Inkgo.

ten Franciao

Bankow

Honolula

Kobe

Kowloon Loodca

„Triplos

Prote

Rencon

Yaboouter Jokohatna

•Every description of Backing and Exchange business transacted. Louna granted approved Current Accounts opened in Local Currency: and Pised Deposits recaited for one year o shorter periods in Local and Foreign Currencies as terzis which will be quoted in applicades.

Bafe Deposit Bazen To Los

XAN TONG-PO,

Calcutta Cape Coombe Copenhagen Dablin Edinbergb Flore Geners

Southampton

Singapore

Tresno Lazor

Konte Carlo

Mavila

Munich Montre

Teatrin Tummine

Tenien Tokokaina. Zurich

2.55

Owing to speculative interest.

the -confirmation of damage to

2.06 The following telegrams were 2.13 received last night:-

2.20

New York Silk:- September

1.64

December

1.58

1.66 1.59

March

1.574

Montreal Silver-

September

December

65.50 65.57.

66,50 66.10

January

March

Stocks: The acceptance by the House of Representatives of the Utility Bill compromise. is tem 159porarily disappointing. but it can be construed as disposing of a worrisome situation. After initial weakness and a period of irrega-! larity. we expect selectively

65.901 66.20n

66.50 -66.85

NEW YORK STOCK

EXCHANGE

Latest Quotations

August 24.

steadier markets.

The tone of the market at the close is quietly steady.

Business during the week. has been done at the following prices:

HK Banks $1,075/1,100. Antamoks 77/79% ets. Sinceres $5.40. China Lights $810/850. Baguio Gold 24 cts.· HK Hotels $3.55/3.60. HK Electrics $5834/5914 Watsons $3.10/3.15. Telephones (old) $201⁄21⁄2/203⁄44. Cements $2

HK. Ropes $21⁄4.

Dairy Farms $15/13

ELE Stock Exchange Weekly

101 Scenes in 180 Minutes?

--- ADMISSION PRICES

Txx

BS. 70 cts. Children half Prices Matinee Only.

CHURCHES

All the players deserve 'our] thanks for supplying such a gal delighted not only that the Davis lant fight. If home supporters are Cup is safe in its moorings for another year, but that a victorious doubles pair has at last beer FIRST CHURCH OF CHRIST, found, they will testify with one

voice to the sporting character of the challenging team.

HLI

SCIENTIST.

[Branch of The Mother Church,

Christ,

in Boston, Mass.

One incident to illustrate their The First Church of chivalry may be mentioned. In the Scientist, third set, at an important stage. USA] there was a feverish volleying rally, with all four players at the net.

Macdonnell Road, Below Bowen Road Tram Station. Sunday Service 11.15 am.

Subject:-MIND.

The umpire probably had not

ball twice in the rapid exchanges. Cotton: The announcement of a Report issued at 3.15 p.m. Friday, noticed that Allison had strack the

The Sunday school is held on 9-cent-cotton loan insures a free 23rd August..

He immediately gave the signal

o'clock the for market and we expect that the

Although the turnover

that the point must go to his op- Sunday Morning at 10 Trade will respond by heavy pur-week under review was far from ponents. That little episode will Wednesday Evening Meeting at 6 chases in the event of any severe

dress open Tuesday and Friday, live when others that loom more p.m. Reading Room at above ad- largely now may be forgotten.

10 am to 12 noon, Monday and The Thursday: 5.30 to 7 pas Public is cordially invited to at tend the service and visit the Reading Room.

can cotton.

decline as the Warid needs Ameri-being a big one there was a wel come change in the atmosphere Reed 10.14 pm-Cotton: The of the market. inasmuch as more stocks which have been neglected The following quotations were remarket looks sixty to 100 points interest was displayed, and a few for a long time were enquired for ceived by Reuter.

cases at enhanced and in some prices. The lower exchange had

Last close

10.20

HAMMOND'S SWIMMING

RECORD

(Continued from Page 4)

lower.

Reed. 10.49 p.m.-Cotton: The]

active 11.00 Trade and Liverpool were NY/London 498% 496 496% buyers of distant cotton. its repercussion in the market, as Chinese star, for 14 lengths Ar- N.Y. Cotton

Reed. 11.04 pm-Cotton: A free Banks and Unions firmed up dur-chie Logan sprinted and defeated Oct

11.29 10.56 ∙10.60 10.43 10.52 1103

market is greatly stimulating trad May

ing the last few days. ing. Believing that the farmer Y. Rubber

Wel 12.16 12.23 1216

will be in no hurry to sell. advise purchases of any

further Wheat

89 Sept.

material decline.tu 91 Dec. accounts C. Corn Sept. 74% Decy STOCKS:

Branches of American Express Company in Principal cities of United States of America and Canada,

All classes of Commercial Banking C. Transactions undertaken.

Personal handled.

Chief Manager.

in

THE CHINA & SOUTH SEA BANK,

LIMITED

(Incorporated in China) Head Office...Shanghai Capital

Reserve Branches

Foreign Exchange

Business macted,

$7,500,000.00

$1,500,000.00

All Important Cities] in Chins

and Geneti

Banking

Current Saving Acrosinte opened, and Przed Deposite received for one year or shorter parieda at Tatar which will be gouted on application.

SOU Z CHANG,

Manager.

HONG KONG BRANCH:

26, Dre Voix Evil, Central.

OB

Маладет в

Foreign Exchange Dept.

General. Oline.

Cashier's Office

investment

Dec.

55%

The Company offers to intending Amer Smelting. 44 Travellers the use of its "Travellers Con Gas-N.T. 324- Cheques and Letters of Credit and Elec Bond &

addition, the world-wide services of its thoroughly equipped Travel Department,

E. W. DUGGAN,

88%

90%

74%

V56%

44%

45% 312 314

∙17% Share" General Motors 43

Int. Tel & Tel 11% 41% Loew's Inc

14 425 11

15 43% 11

34%

34 35% 23% 234 24%

Standard Oil

NJ U.S. Steel

474 45/2

46% 44%

47 45%

Manage Montgomery

Ward

THE WING ON BANK NY. Central

LIMITED.

Head Office: Hong Kong. 26. Des Voeur Boad Central Authorized Capital $10,000,000 LONDON BANKERS:-

Westminster Band, Ltd: Foreign Exchange and every des cription of banking business transact- ed.

Carrent Accounts and Savings Ac counts opesed. Fixed Deposits "re- ceived at rates which will be quoted on application. Special rates givenĮ for Special deposits,

414 41

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE

Groechurch Street, London, ECA

Authorised Capital.

Subscribed Capital Paid-up Capital

£3.000.000

1,800,000

1,050,000

Reserve Fund & Rest 1947,830

Trusteeship and Executorship dertakes. Safe Deposit Boxes or Bangbek

THE YOKOHAMA SPECIE BANK hire.

LIMITED)

Established 1880

Capital (full paid-up) Yen. 100,000,000 Reserve Fund... Ten 125,800,090

Head Offices—YOKOHAMA

Branches and Agencies at:

Alexandria

Batavia

Berlin

Bombay

Calentta

Canton

"Dairen (Dalny)

Nagasaki

Nagoya

New York Oseksi!

Pelping

Rangoon Feng Sen (Mukden) Rio de Jene

San Prancisco

Hamburg

Hankow

Hárbia

Sonolulu.

Sextt

Semi

BANKERS: 00

The Bank of England & Widland Bank, Zel. BRANCHES: Ipoh

The York Kandy

Perang Port Loui

(Mauritius) Bangoon Shanghal

Karachi

Kota Bhar

-

Bombay

PHILIP GOCKCHIN: Chief Manager L. GOCKCHIN Asst. Manager

Calcatta

Colomba

Koala Lápis

LI SAU FONG|EM.

Hour Long "Asst Manager Howrah

Inala Lumper

Kvesan (Pabang) Skula.

Madras

Singapore

THE

SHANGHAI COMMERCIAL &

- SAVINGS' BANK LIMITED

(Incorporated in China)

100,000.

Canital paid up s

Reserves NRA DA SI Capital Savings Dept. $500, Reserve Savings Dept. #600,000. Head-OficeSkomagkal

"A Bank having as its mis the industrial development China and the fostering of commercial relations: abroad. Hong Kong Office=

7 Ice House Phone: 21451-2-3

HONG KONG BRANCH Every acription of Bending and Travellers Chagane' Soused.. -Trustee and Executorships

TELEREST «Bowed on Comment Accounta ĮPized Deposita, at Kates, thes may be, encartećnal on ayolies

Reed. 12.08 am-Cotton: Octo- ber is about 7 points and Decem- ber about 8 points under May cot-

Flash: The American Railways Association estimates carloadings during the week at $15,000 cars, an increase of 13,000 cars from the corresponding period of last year.

Latest Quotations

The following quotations were received by Reuter?

Prev. To-day)

·lass closu

NY./London

cross-rate

4973 £97 11.29 10.70

12.05

89

66.50.

NY. Cotton Oct N.T. Rubber Sept. 1204 Chicago Wheat Sept. 89 Chicago Coin Sept. 74% Montreal Silver Dec. 6810 Silver Official ... 65% 65 WeDow Jones Averages o

30 Industrials 128.52 128.93:41 up 35.80 36.08 28 up 20 Bails

27.01 2540 51 off 20 Utilities 40 Bonds

964) · 9634 35 off 11 Commodity d

•Inder.. 158:80-53.28 52 off Business Done: 1,890,000 shares.

NORTH OFFICIAL- FETED IN CANTON

BUSINESS DONE DURING THE WEEK Hong Kong Banks $1075, $1080.

$1100.

H.K. SHAREBROKERS”

ASSOCIATION

Stock Report

his rival by five feet in the 400 yards in the new record time of 5 minutes 20 3-5 seconds, 14-5 seconds over the former mark, He made by himself last year-

The following report was issued covered the 200 yards in 2 mini- utes 22 2-5 seconds, his best time, by the Hong Kong Sharebrokers but two seconds above the record Association yesterday afternoon.

Hong Kong Fires $185.

set in 1933 by Frank Hadley. Hotels $355, $3.60.

Although Great Britain was Lands $28 cum div. China Lights $840, $8.35, $8.20, facing defeat in the 200-yard free! $84 $8.10 $8.20, $82. style relay after half the race Electrics $592 $59, $59, was concluded, Archie Logan and Noel Hammond came to the res- $59 $58

through their Telephones (Old) $201⁄2, $203⁄4; cue and it was

efforts that their team won in the $20.70.

new record time of 1 minute 45′ 2-5 seconds, 4-5 of a second less than the mark registered by the Foreign "Y" team in June of this year

Cements $23⁄43⁄4 HK Ropes $274- Dairy Farms $15 $15. Watsons $3.10.5

Anamoks 792 cts.

CHANGES (3.15 pm.) CLOSING QUOTATIONS BUYERS

EL K. Docks $9...

SELLERS Chins Lights $81⁄2.

TAX ON FOREIGN RICE IN CANTON

Application Made To Nanking

Canton, To-day.

Pro At 9 am yesterday

ly with a

Smuggling Question vincial Assem

Discussed

SEST ARE TH9% 200% 200

To-day.

Mr Tong Hoi

tens

to the

Is It insured?

After the

€122

the Cent

Noel Hammond's victory in the 50 yards, opening event of the card, was an impressive one as he led throughout the race, but his failure to do better than 25 2-5 seconds was disappointing after

"Douglases $35 b

Steamboats $31⁄2 b.

Antamoks 77 cts. h., 78 ets. & Laguio Gold 24 cts. b., 243⁄41⁄2 cta

s., 241⁄2 cts. za Beng Explorations 11 cts. b. Big Wedge 10% cts. b. Hofels $8.60 b Providents Old 55 cts. b. HK Docks $9 b. "Trams $12.20" "E","

Star Ferries $78 b. Canton Tees $14 b. Cements $8.15 h. Ropes $2.15 b

Dairy Farms $15.60 h. Govt Loan 32% 2% b Vibro Piling $3 by $3/2

his fine 25 flat in the heats, YM.C.A. TO HOLD

pecially as he was up against bet ter opposition. Tom Britton plac ed second, Louis Olivira third and W. S. Liang fourth, all men finish- ing in a bunch, less than a touch separating them. S. Uno Japan- ese fash, did poorly, placing an unexpected last

Brilliant Record

Getting of to a excellent start, Noel Hammond set the pace

INFORMAL GALA

ON SEPTEMBER 3

(Continued from Page 4)

Championship Events

It was decided that the 220 Yards and 440 Yazds champion-

the 100-yard free style event, and ship events be awum of mid-week led in every length to finish in the during the second and third weeks new record time of 52 33 seconds, in October, while the 100 Yards 2-5 of a second better than the Championship would be the main

he set feature of the October 19 Gala new Shanghai time's

In the heats last

Nothing like

part was

It was farther decided to hold following the gala, and to

the

won during

the Chair

A

COMPLET