1935-09-05 — Page 6

BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION

Authorised Capital

$50,000,000

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Issued and Fally 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

S. H. Bodwell Eng- Chairman

CC Knight Eng Deputy Chairman.

TX Elekybarn. Eng.

Chief Manager.

HEAD OFFICE- LONDON

Paid-up Capital 20,000,000 Reserve Fand

Reserve Liability of Pro-

prietors

£3,000,000 £3,000,000

£3,000,000

Agencies and Branches:

For four

Toile

Bangoos Raigon Semarang. Semanti Fhanghai

Singapore Sabawna

| Amritsar

Batzia Bomber

W. E. Bell, Esq., E. S. Morrison Esq, Cairasta.

A. H. Compton Esq..

Ipoù Karachi Xiang Kobe

Imper

11

Conten Cawnpara

Colombo

IT Johnson, Esq. C

Hon Mr. J. J. Paterson,

Miskin, Esq. T. E. Pearce, Eqiphose

AMOT

BANGKOK

BATA

BOMBAY

CANTOX

CHEFOO

COLOMBO

DAIRES

FOOCHOW

HAIPHONG

HANBURG BANKOW VELARKIN

BONGRES

HONO

IPOH

JOHORE

TOBE

KOWLOON

BRANCHES

LONDON LYONS

MALACCA

XASILA

MUAR "Johore)

YUKDEN

NEW YORK

TEIPING

ENANG

RANGOOS

SAIGON

SAN FRANCISCO

REALA LUMPUR

SHANGRAT

STNGAPORS

NOURABAYA

SUNGE PATANI

TOKYO "SINGTAD YOKDHANA

Custosta opined te Local Currency and Find peate reind for one year o whotter perinde is Local Currency and Recline on terms which will be quoted on application.

Hong Kong, 6th April, 1935.

Flamsburg

Hankow

Harbin

Bong Koos

Kuching Wad Maxila Melan New York Priping

(Peking)

Penang

Taiping

**Toorkah

(Broker) Thingtao

Tokoba.the Zamboanga

ני

THE CHINA HAIL THURSDAY, SEPTEMBER

Commerce and

Finance

LOCAL DOLLAR DECLINES

Silver Prices Fall

The local dollar has declined , opening on demand this morn- ing at 1/11

"Spot" silver prices declined to 29 and "forward" 3/16 to 29-1/16.

The London on New York cross- rate was quoted at -US$4- 95. as compared with £-IS $4- 95-15/16 while the New York

compared

Porncs Izciszgs and General Backing business or London cross-rate was quoted Current Accounts opened and Find Deporte at £US$4.95%, as received for one year or aborter periods at rate with £ US$4.96 which will be quoted on application

A. BREAKLEY,

Manager. Hong Kong, 1st January, 1935..

THE BANK OF CANTON, LTD.

• Established 1912

EXCHANGES

TO-DAY'S QUOTATION

On London-

4 months sight

On TIT. and demand

Credits 4 months' sight

On Shanghai--

On demand

$11,000,000 8,655,000

On Singapore-----

Head Office: Hong Kong.

Authorised Capital

Paid-up Capital

Total Resources

32,170,492 On demand

Branches: Canton, Toshan, Shanghai On Japan. Hankow, Bangkok & San Francisco," On demand

HONG KONG SAVINGS BANK London Bankers: Lloyds Bank, LtdOn India-

The Buntour of the above Back in conduct ed by the HONG KONG AND SHANGHAI

BANKING CORPORATION. Hafen may be aboward to 4pplicazion

FOR THE LONG KONG AND SHANGHAI BANKING CORPORATION.

T. X. GRAYBURN.

Chef Managet.

Hoes Kong, och February, 1980

THE BANK OF EAST ASIA, LTD.

Authorised Capita

Paid-up Capital gata

„$10,000,000,00

Foreign Exchange and Banking On T.T. and demand business of every description trans- acted....

Current Accommis 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

*WHE

SEP GOOD AMERICAN EXPRESS COMPANY,

Bc and Cadivičnú Profne 2,480,009.00

HEAD OFFICE:HONG KONG

10. Des Trux-Bow» •'-strai

.. BOARD OF DIRE 20ỤN — 2

Sir Show Chow, the set.

Li Los Cann. Eg P. K. hook. Eng. Face! Yus Tons. Eng. Chez Chang Shek. Esq.. Zi Lan Sang. Eng. Wong Chu' Soc. Sug, and Esu Tingl Po. Eng.

Belavia

END Tour Po, Eng. Chint Kazuper.

Li Z Foos. Enga Mu'ACHT.

Amoy

Bombay

BRANCHES AND AGENCI

Calmata Canton Haphong

BADION

Fonolulu Lobe Kowloon Icedes

DeLucar

Nagrand

New York

Chrich

Pama

- Pamne

ک انار انار

Fango

SALA

ew-Francisco.

INC.

Head Office:-65, Broadway, New York

Capital Surplus

·Bese-ves

On New York-

RETUT

1/11

LOCAL SHARES

TO-DAY'S QUOTATIONS

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

Banks

HK. Bank $1,040 Bi- HK. Bank (London) £104 Chartered Bank £131⁄4 0. Mercantile Bank A. and

£2972 11.

Mercantile C #124 1. Bank of East Asia $761⁄4 D

Insurances

Canton-Ins:$185 n: Union: Ins. $3772 1. China Underwriters 10 cts. 1. China Fire Ins $982 n HK Fire Ins. $185 n. International Assetï' $4 n.

Shipping

Douglases $36. 1– HE SteamboatsTM $4 - Indo-Chinas (Prof.), $30. z Indo-Chinas (Def.), $12 n. Shell (Bearer) $70/75% = Union Waterboats $11

n.

NEW YORK STOCK MARKET

No Stock Appears For Sale

IRREGULAR HIGHER GRAIN MARKET INDICATED

In their market report, Messrs. S E Levy and Company, corres- pondents for Messrs. White Weld and Company, New York, state

Do

"Stocks: While obvionsly stock appeared for sale this mor ning the origin of the large scale of concentrated buying during the Blast hour was somewhat mysteri-

2/25/8

Mining

13134

Antamoks 80 cts

Balatoes $18 z..

84%

166

Baguio Gold $241⁄2 cts. n. Benguet Consolidated $12.10 n Benguet Exploration 15 cts. D. Benguet Goldfield 10 cts . 130% Big Wedge 8 cts. n.

Gold Creek 30 cts. n.

On demand

Credits 60 days sight On Batavia-

4834 ..50%

Gold River 7 cts. I.

Ipo Mining 90 ctà. 1.

Itogons 36 cts. 1.

On demand

71%

Salacots 12 cts. n.

On Paris

Kailan Mining Ad. 11/6

On demand

7372

Langkats (Single) Sh. $14 D.

Credits 4 months" sight

78214

S'hai Exploration Sh.$414

Shai Loans Sh. $54 n

On Saigon

On demand

73

Ranbs $12.

On Manila-

Venz; Goldfield $2.30 n.

Docks, etc. -

On demand

On Bangkok-

HK and K. Wharves

On demand

94%

Sovereigns bank buying rate 2/-

Bar silver per oz.

29%

$78 x HK and K Wharves

$74%

Bar silver in Hong Kong

Trom

_U_S.$6,000,000.00

Copper cash

11:0191.

2,183,633.06

870,731.05

Copper cents

par.

Rate of native interest .. 3% pa Chinese Suh. Coín

BRANCHES:-

Awoerdam Astwap

A:bocz

AMPUA

GODOR Slanger The Hague HAVER Hamborg

Nice

Hong Kong sub, coin

Kaplan

Pirate PACK

Singapore

Horn Bombay

Priping

550

·Bran

Sydney ***bou Tenta

Vancestor Iolobaa

Every description of Beaking and Exchange

Lo sred Bandova, transacted. mecurities.

Approved

Current Accounen opened in Local Currency and Fixed Deposit recited for

"shorter periods in Local and Foreign CorreICHE

so seria, which will he quoted on appírtatika,

Safe Deponis' Sazen To Lth:

SAS TONG PO..

Chief Manager..

Calcutta Catone Colombo Copenhagra Deblie Edinburgh Flo Geners

Branches

Heidelberg Interisken. Zerusalem Landor Liverpool

Lassne Lutor Marvello

Palermo Rotterdam Ratin Khanghai

Southampton

Singapore

Tintain

"Taormina Vicara

Memte Carlo Manila

Munich

Takotzma Zurich

32% dis par.

SINO-CANADIAN

TRADE

Connections To Be Improved

Shanghai, To-day." Mr. Scott, Trade Commissioner

of American Express of Canada, is stated to be leave Company in Principal cities of United ing here for Nanking within a States of America and Canada.

interview Mr. week to

Chen

All classes of Commercial Banking Kung-po on questions concerning trade the improvement of the Transactions undertaken.

connections between China and Canada-Central News Agency.

Ferronal

THE CHINA & SOUTH SEA BANK, handled.

LIMITED

(Incorporated in China)

Head Office...Shanghai

Capital

Reserve

Branches

→Forkin Exchange

Besides transacted.

$7,500,000.00 -$1,500,000.00

All Important Cities! in China

and Ger

Banking

Current and Saving Soccante opread and Fixed Deponise wed for one year në shorter perioda

a tates which will be qasted on application

SOU Z CHANC

HONG KONG BRANCH:

Xianagrin

Tel

$3500

26. Dm Toner · Bond; Central.

Manager's Office:

Forsien Exchange Depa

General Offe

Cashier's Office

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1880

Capital (fall paid-up) Yen 100,000,000 Reserve Fund

... Ten. 125,

Erad Offices YOKOHAMA

Brancher and Agencies at:

Alexandzia

Batavia

Berlin Bombay

Calcutta

Canton

Nagasaki

Nagoya

New York “Osaka ⠀⠀

Paris Peiping

Dairen (Dziny) Rangoon

Fenstien Mukden) Rio de Janeiro

Hamburg!

Bankow

Harbin

Hong Kong

Honolulu

Karachi.

Kobe.

London Los Angeles

San Francisco

Seattle

Semarang Shanghai Singapore Sourabaya

Sydney Wentsin

showed for, Current The

Мод

Interes

Deposits recrive tes to be obta

investment

accounts

The Company offers to intending

Travellers the use of its Travellers RAW RUBBER PRICES

Cheques" and Letters of Credit and,

in addition, the world-wide services Latest Quotations From

of its thoroughly equipped Travel

| Department,

E. W. DUGGAN

Manager.

Singapore

Messi, H. B. Joseph & Co. have received the following Straits “Cur- rency quotations from Singapore

THE WING ON BANK for Baw Rubber:--

LIMITED.

Head 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-

Current Accounts and Savings Ac counts opened. Fixed Deposits re- cerved at rates, which will be quoted on application. Special rates given for Special deposits.

Spot 19 up b., 19 s. October-December 193% up 32 b

19% 5. January-March (1936) 20% up

b., 20

April-June (1936) 21 up % b,

21

Market:-Steadier,

ISSUES OF NEW CAPITAL IN UNITED KINGDOME

London, To-day-The total of Trusteeship and Executorship new capital issued in August of dertaken. -Safe Deposit Boxes for £6,600,000 brought the issues of Thine.

PHILIP GOCKCHIN

Chief Manager.

new capital in the United King- dom during the first eight months LGOCKCHIN LI SHU FONG of 1935 to £146,500,000, 28 com- Asst. Manager Pared with £93.800,000 and £96,- 500,000, respectively, in the cor- responding periods of 1934, and 1933-British Wireless Service.

Asst. Man

THE SHANGHAI COMMERCIAL

SAVINGS BANK LIMITED (Incorporated in China)--/

Capital paid up 22 $5,300,000

Reserves

$7,300,000 Capital Savings Dept. $500,000. Reservs Savings Dept: $800,000.

A Bank having as its mission the, industrial, development / di China and the fostering (ad

commercial

Hong Kan

Is It Insured?

Unless confirmed by bullish news and developments shortly, we would not be inclined to follow the advance Business done: 1,000,000 shares.

“Grains: An irregularly higher market is indicated and we would favour accumulation on minor set- Total sales: Wheat: backs... 17,968,000 bushels; Corn: 5,020,000 bushels

"Cotton: There was increased Trade buying on the improved do- mestic demand for cotton goods.

"Rubber: The expectation of a gradual adjustment of the earlier. primary over-shipments is streng- thening the confidence of holders. Total sales: 176 lots.

More than ever, Shirley Temple makes the whole world happy. In her latest Fax Film picture, "Our Little Girl," coming to the King's on Friday, she dances her way into a million hearts.

LOCAL NEWS BREVITIES

COMMODITY PRICES

folion Seceived

quotations, hare Reuter

Testerday.

Closing Closing

10.29

IOSS

103T

10.41

(1996)~-10.31

1044

10.39

$10.50.

10:42

10.55

· 10.42

10.58-

10.65

10.70.

New York Ra

Septe

-11.63b

December

21.65

11.86

11.72 11.99

March

May

1184 198

12.09%

Chicago WE

Janua

September

Miy

Con. Con Con. Con." —1247 % -251 2.63 230 262 2.39.

December

Chicago Co September December May

7354

56

575%

58

Winnipeg Wheat:-

October

$2:

December

$2

827's

New York Sugar:-"

Na 1 Nas Na 1 No. 3

Sept Dec.

Jan. (1936) 218 200 198 205

200 March

2.06

2.05

211

New York 5IIK:- September

•

1.747

2.7T

1684

.1.69

163 - 1:6814

65.80

-65.70

66.00

65.90

65.80:2

66.25

66.60

66.65

December January

The USS Asheville left for May "Copper: Futures are arming Canton this morning. and brass walls are running at

The monthly "Get Together" December : capacity.

"Flash: Average daily petroleum meeting of the Australia and New March

held Montreal Silver:-- production for the week ending Zealand Association will be

at in the Association Rooms at 5.30 September was estimated August 31 2,665,000 barrels, compared with p.m. to-day.

7. the previous 2,689,000 barrels

Two cases of diphtheria, one of March week

The following telegrams were typhoid and one of puerperal fever were notified as having oc- received last night="

Wheat Private estimates of the carred in the Colony in the 24 wheat crop are bullish, while exti-hours ended yesterday, September Nine months' hard labour was imposed on a 45-year-old unem- mates for Corn are about as ex-3.

played, Cheung Wing, by Mr. E pected Trading in May wheat on

Sanitary Inspector A. Austin I. Wynne-Jones at the Kowloon the Winnipeg Grain Exchange is starting on Thursday and if carry-has reported to the police that Police Court this morning for re-

Nathan Road on Tuesday be col-this term had expired. (old)ing charges are negligible. we while driving his car No. 516, in turning from banishment before

would recommend purchases.

A black metal petrol tank cap The magazine Standard Statis-lided with a lorry the car being (new) ties states that the median and slightly damaged.

was found in Garden Road Unclaimed telegrams for Fan- the Peak Tram Station yesterday.

HK. and W. Dock $91⁄2 n. Providents (old) 55 cts, IL Providents (new) 20 cts. 1. Hong Kew Sh. $240

New Engineering Sh. $4 n.` Shanghai Docks Sh.$78. n.

Cotton Mills. Ewo Cottons Sh$580 n.

Shanghai Cotton (old)

$65 12

Shanghai Cotton (new) $40 Zoong Sings Sh. $832 0. Wing On Textiles Sh. $25 (1 Lands, Hotels, etc.

long term outlook justify the

maintainance of selective holdings.

Hear

The uncertainty regarding utility hinalex from Kobe, Maraki Co. c/o The owner may have it on applica- issues and the moderate response Shokin from Tajimi and Cheong-tion to the Traffic Office, Central of railroad securities to the traffic woce Hollywood from Nagoya, are Police Station. improvement are checking indus-lying at the Great Northern Tele- trials. In view of the expectation graph Company (Limited).

of a greater seasonal industrial

Hong Kong rainfall for the 24 hours ending at 10 am to-day was

improvement, this unsettlement is] Mr. A. E. Rose, of Repulse Bay 0.16 inch. The total since January Sbelieved to be temporary. An Hotel reports that at 240 pm 1 has been 57:55 inches, as against

average price advance to above the yesterday, while driving motor an average of 68.96 inches. recent highs would considerably cycle No S4 in Stubbs Boad, he

HK and S. Hotel $34 n. H.K. Lands $261⁄2 D ELK. Lands 45% Debentures $100

Shanghai Lands Sh. $2012 *V Metropolitan Lands Sh. $10.n. Humphreys $132.2 ELK. Realties: $4 n. Chinese Estates $88 n China: Realties Sh.$4 z. China Debentures Sh $123 ni Public Utilities

HK Tramways. $12.20. n. Peak Trams (old) $6 s Peak Trams (new) £5% n Star Ferries $7814 -- Yaumati Ferries $17.60 m. C. Light $8.05 1. HK. Electe $55 sa. Macao Electrics $20 Sandakan Light $3 a Telephones (old) $20% n Telephones (new) $8.20 China Buses Sh$111⁄4 1. Singapore Traction 10/6 n. Singapore Pref. 22/6/b mudaIndustrials Malabon Sugar $81⁄2 1. Cald, Macg (Ord.) Sh-$191⁄2 Cald: Macg. (Pref.), Sh$13 Canton Ices 180.n Cements $3.1 HK Ropes $2.15 2. Stores, etc.

Dairy Farms $15% 82. Watson $3.05 b. Lane, Crawford $3 Mackintosh $71- Sinceres $530 1 Wm. Powells 70 eta m Wing On: (HK), $55 IL

Miscellaneous

Entertainments-34 z.

S. C. Enterprises $1.35 Macao “Greyhounds Constractions (old) $1.10 2. Constructions (new) 25 cis n Vibro Piling 14 n.

Ch. Govt 5% 1925 G$Bds

90%

HK Govt

HK Govt. 33⁄41⁄22%

6%%%%

encourage speculative sentiment

Latest Quotations The following quotations were received by Beuters deg

NY/London

Cross-Fate

NY. Cotton Det. NI Rubber Dec.

collided with P.C. C28, Lo Kwong, A brich belonging to Mrs. A. Harris, of No. 1. Chi Wo Street, who received slight injuries. ⠀⠀⠀

[bit a Chinese male, Leung Kin Hon,

A woman named Tang San, yesterday. He received treatment Prey. Today's aged 64, was brought before Mr. at the Kowloon Hospital and the Plose Cue Macfadyen yesterday at the Cen-dog has been sent for observation.

tral Magistracy, charged with. 4.95% 495 the possession of dutisble tobac 10.29 10.36/38

11.86 11.63

90%

Mr H. C. Johnson, of Na 10 co at the Ping On Wharf, Con- Austin Road, reports that his dog nanght Road West Defendant bit George Chandly, of No. 6 Hi-

`MI Road, yesterday. pleaded guilty and was fined $100, wood 56%

or two months hard labour. Re-Chandly received, treatment at the venue Officer A. W. Grimmitt ap- Kowloon Hospital while the doz

was sent to Mautzukok peared for the prosecution...

Chicago Wheat Dec. 89% Chicago Corn Dec 56 Montreal Silver Dec. 66.00 Silver Official

Be Dow Jones Averages

€5.90

65

65%

30 Industrials 127.27 128.46 1.19-up 20 als 35.07 35.62 55 up 20 Utilities: 25.16 25.63 47 up 40 Bonds 98.98 96.04 06 up 11 Commodity

Index 52.51 52.86 35 up Business Done:-1,000,000 shares.

NEW YORK STOCK EXCHANGE

Latest Quotations

September 5. The following quotations were re- Feived by Beute

close

10.20

Last NY/London 495 495 495% NY. Cotton

10.29 10.34 10.37

·∙10.42

10.47 10.-19

C-Wheat

Dec

STOCKS:

Amer Smelting 44%

Con Gas NY.27%

After a protracted hearing fix yesterday afternoon, two nem- [ployed men, Leung Yee alias Leung Kwan, 26, and Lan Sang alias Ah Sum, 27, were committed to stand trial at the next Crimin-

al Sessions by Mr. Wynne-Jones

at the Kowloon Magistracy, on 2 charge of kidnapping a 7-year- old boy, Tsang Muk-chung, on August 5 A second charge of harbouring was dismissed.

Four cases of diphtheria (one fatal), 10 of typhoid (three fatal), five of which were imported, and one fatal case of puerperal fever were notified as having occurred in the Colony during the week ended Eighty-one deates August 31. from tuberculosis occurred during 11.70 the same period.

The wedding took place quietly at the Registrar's Office, Supreme Court Festerday morning before Mr. T. S. Whyte-Smith of Cap- ftain Cecil Boyd Shannon, or Mar-

- Oct.

May

NY. Rubber

Dec.*?

11.63

11.63

29%

90%

May

-91%

C Corn Dec. 56

May-

57%

56% 57%

44%

2

26%

ble Hall, Kowloon,

Share-

124 1214

General Motors-42%

4274

43%

Int. Tel & Tei 10%

104

Loew's Inc

41%

Montgomery.

33%

2334

22%

bridegroom's

William Boyd

45

42%

plo

Elec Bond &

-Ward Bu

N. Central Standard Of

US Steeler

MODEST DEALINGS ON

STOCK EXCHANGE

and Miss

Edith Kate Hetherington, of Osi

leigh Park, London.

the wedding were Sta

and Mrs. Stokes. The hon

is being spent în

OF

Everything

gone.. BUT YOUR

SAVINGS

RENT

FOOD

CLOTHING

HEAT

TAXES

TER

CHITS

SAVINGS

SAVE SOMETHING START NOW UNDERWRITERS

SAVINGS BANK FOR THE FAR EAST,