1935-09-10 — Page 6

BANKS

HONG KONG AND SHANGHAT

BANKING CORPORATION

Authorised Capital

"

$50,000,000

THE CHARTERED BANK OF

· INDIA, AUSTRALIA & CHINA.

Ismed and Fully Paid-up, 20,000,000 Incorporated by Royal Charter, 1853 Reserve Funds:--

Sterlin £ €,500,000 Silver

$0,000,000

Reserve Liability of Pro-

prietors

HELD OFFICE HONG KONG.

BOARD OF DIRECTORS

So Dodwell Enjo

Chairman,

aa Kaight, Eng.

Deputy ChaTIAT

Y. X. Gryboru. Esq.

Chief Manager.

HEAD OFFICE: LONDON... Paid-up Capital

20,000,000

Reserve Fund

£3.000,003 £3,000,000

Reserve Liability of Pro-

prietors.

£3,000,000

Agencies and Branches:

Thaila

Rangoon

| Astrimer

Ipoh

Karachi

Semarang

Shnorhei

Sincmpos

Caton

Lampar

Sitiawan

Cawupoes

Kuching

Cebu

Nadvan

Taiping

| Colombo

Daiki

Medan

Toorkab

Haipboer

Yew York

Priping

(Brake) Tangise Yokobaca

W. H. Bell, Esq., K. S. Morrison Es

A. H. Compton Esq..

M. T. Johnson, Esq.

Hon. Mr. J. J. Paterson,

G. Miskin, Esq., T. E. Pearos, Esq.,

FOO

KAIPHONG HAMBERG

HAXIOW HARRIN

HONGKEW

ILOILO

TOE

JOHORE

KOBE

KOWLOON

·BRANCHES

12

LONDON LYONS MALACCA

MANTEA

CAR Jabore).

XUXDEX

NEW YORK,

PENANG

RANGOON

PEIPING

SAIGON

SAN FRANCISCO

KUALA LUMPCE

SHANGRA

SINGAPORE

SOURA BATA

SUNGET PATANI TIENTSEX TOKYO

TSINGTAO TOKOHAMA

Current Rate opened in Locs Currency and Find Deposite rested for con your or aborter periode in Local Currrory and Sterling wo derene which will be quoted on application.

Hong Kong, 6th April, 1535:

HONG KONG SAVINGS BANK

The Buntone of the sbors Baik in conduct

by the HONG KONG AND SHANGHAI BANKING CORPORATION. Roles may be obturned on acplication

FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION

FM GRAYBURN,

Fanchok Batavia Bombay

{ Calcutta

Hamburg Hanko Harbor

Kaby

(Paiting)

Phong trong

Forrige Exchange and freceral Banking businen

Carmat Accounts opened and Mind. Depoda reutved for one year or shorter morinda no rados which will be quoted, ou' application.

A. BREARLEY,

Manager. Hong Kong, 1st January, 1935.

THE

AMERICAN EXPRESS COMPANY, INC

Head Office: 65, Broadway,

New York.

Capital

Surplus Eeserves

Athom

Bacte Teplitz

Canson

-Colombo

Floempre Сбереть

The Barse

FATARA

Hamborg

Flaver Heidelberg *Interlaken Termalem

Rome

Southampton

Singapore Tentein Taormina

Laser

THE CHINA MAIL, TUESDAY, SEPTEMBER 10, 1935

ommerce and Finance

LOCAL DOLLAR STEADY

Silver Prices Fall

The local dollar is steady. opening on demand, this morning at 1/11

Silver prices, both spot and for- ward. declined 1/16 to 29 3/16-

The London on New York cross- rate was quoted at £U.S.$4.93%| as compared with £-US$3 while the New York on Lon

on cross-rate was quoted at S-US$49311⁄2 as compared with

US$4.93.

EXCHANGES

TO-DAY'S QUOTATION

On demand

LOCAL SHARES

Banks

NEW YORK STOCK MARKET

Bullish Wave In Evidence

MAY WHEAT PURCHASES FAVOURED

UNEMPLOYMENT IN

BRITAIN Encouraging Figures Issued

PROGRESSIVE REDUCTIONS

London, To-day.

The progressive rise in nam- In their market report, Messrs.bers in employment and the fall

TO-DAY'S QUOTATIONS The following is the list of local Levy and Company, cores in numbers of unemployed cok- pondents for Mesurs. White Waldtinued in August. Since Januszy, share quotations issued to-day:

and Company, New York, states 1985, there has been a decrease "Stocks: While the rapid ad-in the number of unemployed of Trace in many industrial issues has over 377,000, and in whole period placed the market in a vulnerable since 1921-the first year for position, there is no indication yet which comparable statistics are that this latest ballish wave has available--the redaction of the last run its course Business done: seven months has been exceeded 12,000,000 shares.

only in the corresponding periods of 1922 and 1953

HK Bank $1,040 m.

HK. Bank London) £104. Chartered Bank £181⁄4 n Mercantile Bank A and

Mercantile Bank C. flè n Bank of East Asia, $765 D.

Insurances

Canton Ins. $180 1. Union Ins. $$721⁄2 b ̈ China Underwriters $110 China Fire Ins. $982 a. HK. Fire Ins. $185' 1. International Assce. $4 m.

Shipping

Donglases $36 2.

HK. Steamboats $4 n-` Indo-Chinas (Pref.), $30. n. Indo-Chinas (Def.), $32 m. Shell (Bearer) 70/73% n. Union Waterboats $114

Mining

B

Baguio Gold 24 cts. n. Benguet Consolidated $12.10 a- Benguet Exploration 13 cts. D Benguet Goldfield 10 cts m Big Wedge 8 cts. n.

(Continued on Page 11.) Latest Quotation.

The Ministry of Labour estim- The following quotations were ates that at August 26 there were received by enter:-

NY./London

cross-rate

NY. Cotton Oct.

approximately 10,424,000 insured Prev. To-day's persons aged 16 to 64 in employ- closement in Great Britain. This was

close

1

492

10.36

10.41

11.69

4934

NT. Rabber Dec. 11.66 Chicago Wheat Dec. 9435 Chicago Corm Dec. 56%85% Montreal Silver Dec. 66.19 65.90 Silver Official ... 65% 65%

Dow Jones Avereves 30 Industrials. 13185 132.43 63 up [20 Rails -36.94 36.95 .01 up

.

43,000 more than at July 22 and (244,000 more than the year be- ¡fore.

SMALLER TOTAL

At the same date the numbers of unemployed persons on the regis- ters in Britain totalled 1,947,964 comprising 1,533.250 wholly un-

334,419 employed.

temporarily

Everything

BUT YOUR

SAVINGS

RENT

FOOD

CLOTHING

HEAT

TAXES

WATER

CHITS

SAVINGS

SAVE SOMETHING"

·START NOW UNDERWRITERS

20 Utilities - 26.71 26.58 13 off laid off, and 80-286 normally in SAVINGS BANK

40 Bonds 96.62 96.61 01 off 11 Commodity

Index

53.28

Business Done: 2,000,000 shares.

COMMODITY PRICES

The total was 24,977 less than at July 22 land 188.614 less than the year

[before:

casual employment.

FOR THE FAR EAST, INC.

Asia Life Building

Hong Kong

Tel 30234

The month of August always shows an increase of juvenile un- employed, accounted for by the registration of boys and girls The following quotations have who left school at the end of the been received by Reuter

summer term Last month there Prev. Yesterday

Mr. T. P. Saunderson, of No. 11 was an increase of nearly 22,000 Closing Closing in the number of unemployed ju-Broadwood Road, has reported to New York Cotton-

reniles, owing mainly to this the Police that at about 1 pm. October

10.41 10.36

cause, and allowing for that in-yesterday while driving car No. 10.42 10.36

crease the number of unemployed 1097 in Queen's Road East, he 10.37 10.44

men and women, actually decreas collided with car No. 3096, caus- 10.50 10.45

ed by nearly 47,000.- British ing slight damage to both cars. 10.50 10.37

Wireless Service. 10.55 10.60

On London

On T.T. and demand

1/117%

4 months sight

2/-

Credits 4 months' sight

2/13

On Shanghai-

On demand

132

„U.S.$5,000,000,00 2.181,633.06 870.731.05

On Singapore—

84%

On Japan

BRANCHES >

On demand

1682

Antamoks 80 cts. n.

Ameerde

Genom

Stan

On India.

Balatoes $18 n.

Antwerp

Ginagore

On T.T. and demand

13

Przem

On New York

Paris

Piping

On demand

49

་

Bombay Rectors

Palermo

Rotterdes

Credits 60 days' sight

51%

On Batavia—

Caire

London

CAkutta

On demand

721

Gold Creek 30 cts. I.

Ite

Chief Manager.

Lagano

On Paris-

Gold River. 7 cts. D.

Hong Kong February, 1935.

· Copenhagen:

On demand

742

Ipo Mining 90 cts.

Trublia

Mireille

Edinburgh

Sinan Carlo

Credits 4 months” sight

Itogons 36% cts.

December

Manila

Munich

Toknatoa Zorich

On Saigon→→

Salacots 15 ets. n.

January

fon breez

On. demand

74

Kailan Mining Aả. 11/6 n.

March.

Langkats (Single) Sh. $14 1.

May

9$

S'hai Exploration Sh.$434, n.

July

Shai Loans Sh. $54.

Spot

10.70

10.75

On demand Sovereigns bank buying rate 2/34 29 3/16 accounts Bar Silver per oz

1:00 Ear silver in Hong Kong ¡Copper cash

9334

Raubs $75

New York Rubber:--

Venz; Goldfield

September

11.452

11.466

*

Docks, etc..

December

11.662 11.69

nom. par.

HK and K. Wharves (old) January

March $78 n H.K. and K. Wharves (new) May

11.72

11.75

11.85b

11.92a

11.98

12.05

3% pa 32% die.

par

[Chicago Wheat:--

September

92

91

December

943

931⁄4

May

964

95

Chicago CoN:-

September

76

75%

December

562

55%

58

572

Winnipeg Wheat:-

Sb. October

882

88%

December

- May

8835 91

:: 8814

90%.

THE BANK OF EAST ASIA, LTD.

Authorised Capital Paid-up Capital

$30.000.000,00 $5.58,608.00 Bayer and Undivided Profts 2.480,006,00

HEAD OFFICE: HONG KONG

20. De Tous Bord Centri,

BOARD OF DIRECTOR ——

Sir Show-son Chow. Clinicom,

Li Koon Chat E P. I. Kwok, Esq., Tong

Yan Tong. Esq. Chan Ching Shell Em

Ini

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

All classes of Commercial Banking Transactions undertaken.

Personal handled.

investment.

The Company offers to intending

On Manila-

On demand

On Bangkok-

Sang. Eat. Wong Chu Son. Eng. and Rae Tiz Travellers the use of its "Travellers Copper cents

Po, Eng.

.

"Kau Tong Th. Eng Chief Manager.

Li The Foos. Exj., Harme NT,

BRANCHES AND AGENCIEN

Manila

Sim

Sen.arang Strugba

Singapore Sourage

Amoy

Bateria

Melbourne

Bombay Calcutta Canion Haiphong

Nagunaki

New York

Pacin

Kestor

Bankow Honolulu

Priping

fydney

мат

Taiboko

Kobe

Bangoon

Kowlood London

Tientais Tokyo

*

bar Franchino

Vancouver Tokohama.

Every description of Beaking and Exchange Susi transseted Loans granted on approved securities.

Current Account opened in Local Currency and Fixed Deponite received for one T OF aborter periods in: Local and Farsign Currencies on terms which will be rooted in application.

Safe Deposit Bozan To Le

KAY TONG PO.

Cheques" and Letters of Credit and Rate of native interest in addition, the world-wide services Chinese Sub. Coin of its thoroughly equipped Travel Hong Kong sub. coin Department,

E. W. DUGGAN.

Manager

THE WING ON BANK

LIMITED

Head Office: Hong Kong, 26. Des Voeux Road Central. *Authorised Capital $10,000,000

Chief Msanger.”

ed

LONDON BANKERS:

Westminster Band. Ltd.

BERLIN SHARE MARKET

All Sections Reveal Weakness

-CHINA MAIL – SPECIAL

Berlin, To-day- Nearly all sections of the share

Foreign Exchange and every des market were decidedly weak yes cription of banking business transact- terday, there being hardly any

buyers. Considerable selling Current Accounts and Savings Ae the part of bull speculators there- counts opeed. Fixed Deposits re-i ceived at rates which will be quoted fore occurred. resulting in most THE CHINA & SOUTH SEA BANK, on application. Special rates given, prices weakening to L

LIMITED

(Incorporated in China)

Head Office. Shanghai

Capital

Reserve

Branches

Foreign Exchange

Burst transacted,

$7,500,000.00 .$1,500,000.00

All Important Cities in China

and ·Geneal Banking

Charpwas wond Faving Accounts opened and Fized:

interest

$7442 D HK. and W. Dock $9 sa Providents (old) 55 cts. D. -Providents (new) 20 cts. D Hong Kew Sh. $240 m New Engineering Sh. $4 a. Shanghai Docks Sh.$78 1.

Cotton Mills

Ewa Cotton Sh $5 b. Shanghai Cotton (old).

365 IL

Shanghai Cotton (new) $40 Zoong Sings Sh. $82 n. Wing On Textiles St $25 1 Lands, Hotels, etc.

May

New York Sugar:--

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

2.59 52.58

REICHSMARK QUOTATIONS

Lee Wai-tong, the Interport footballer, has reported to the police that while driving car No. 2546 along Causeway Bay Road on Berlin, to-day. Reichsmark Sunday he knocked down a Chin- quotations (without guarantee) Jese who crossed the road directly are: New York, 40:21; Paris, 609 in front of his car. The man had Amsterdam, 59-425; and London,his leg fractured and was admit- 12217. The Paris sterling quota-ited to the Government Civil Hos- tion was 74-77; and the dollar,

¡pital. - 15-17575-Trans-Ocean Service.

LOCAL NEWS BREVITIES

For the theft of 17 pounds of brazing metal from the moulders" workshop at the Hong Kong and Whampoa dockyard, a 19-year-old blacksmith apprentice, Li Ming. The my. Silveryew, from New! was sentenced to three weeks": York sailed from Los Angeles on hard labour by Mr. W. M. Thom- August 10 last and is expected son at the Kowloon Magistracy here on or about next Friday this morning.

No notifiable diseases were re-

Cheung Tai-leung, a seaman, ported to the Health authorities was fined $25, in default one

2.70 2.50 2.70 2.504 the 48 hours ended yesterday month's hard labour, and Tam

On

EK and S. Hotel $340 s HK Lands $241⁄2 82. HK Lands 4% Debentures $100 Jan

March

Sept

2.18n 2.05 208 2.06

2.06

2.07

Shanghai Lands Sh. $201⁄2 n Metropolitan Lands Sb. $10 Humphreys $121⁄2-

May

2.11

2.12

New York SUL-

September

1.78

1.79

December

166

1691⁄2

Chinese Estates $88 n

March

1.67

168

Montreal Silver:-

September

65.92

65.50

December

66.19

65.90

65.95D

65.75m

66.50

Business in fixed for Special deposits.

Trusteeshin and Executorship securities was very dull, so that dertaken. Safe Deposit Boxes For

prices were practically anchang- hire.

PHILIP GOCKCHIN

ied. Call money was at 21⁄2 to 3%

Chief Manager

per cent-Trans-Ocean Service RAW RUBBER PRICES

L. GOCKCHUN. Asst. Manager

THE

JI SHU FONG Asst Manager

Deposits rived for one year ar aborter periode SHANGHAI COMMERCIAL &

at races, which will be gouted on application

FOU Z CHANG,

Manager.

HONG KONG BRANCH:

Tel. 23505 ZEISER

24. Dre Torax: Boad Centesi.'-

Xanager's Of

Foreign Frebange. Tepa,

General Otom

Cashier's Office

THE YOKOHAMA SPECIE BANK

LIMITED.

Established 1880

Capital (full paid-up) Yen. 100,000,000 Beserve Fund Yen. 125,800,000 |

Head Office:-YOKOHAMA -

Branches and „Agencies at:"

Alexandria Batavia

Berlin

Bombay

Calcutta

Canton

Dairen (Daly)))

New York

Nagasaki

Nagoys

"Osaka

Paris

Peiping

Rangoon

Fenetien. Minkden) Rio de Janeiro

Hamburg

Hankow

Harbin

Hoa Lăn

Honoluin

Hainking

Kazachi

Kobe

London Los Ang

Interes

- to be obt

SAVINGS BANK LIMITED

(Incorporated in China)

Capital paid up $5,000,000,

Reserves

$7,300,000 Capital Savings Dept. $500,000. Reserve Savings Dept. $500,000 Head-Office---Shanghai

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

7. Ice House St Phone $14-2-3-

Is It Insured?

Insurance All Clamen --LOWEST, RATES:

American Asiafic Underwriters

Fed. Ine, USA General Agents

·San Francisco

Seattle Semarang

17, The Band

Shanghai

Singapore Sourabaya

Sydney Tantsin

or Current A

Head-Office

Shanghai.

Latest Quotations From

Singapore

Messrs. H. B. Joseph & Co. have received the following Strafts Cur- rency quotations from Singapura for Raw Rubber-

Spot 19 Up 4 by 194 s October-December 19% Up

b 20% S

January-March (1936) 20% Up

4/4 2038 S April-June (1936) 20% Up

21% 8 Market:Quiet

EDUCATING THE FARMER

Definite Scheme For Kwangtung

Canton, To-day The Bureau of Agriculture, since its decision to erect five stations in Omer experimental

Life Kwangting, has, now formulat red a definite scheme for educat ing the farmers in all counties.

the im The scheme compose arting of Tnowledge of writing methods of agricult and reading, the fundamentals of the social sciences, etc, etc This, it is hoped, will eventual ly help bring about better

and no

firmly Central

QUALITY

PRINTING

org esta

HK Realties $4

China Bealties Sh$4 n.

Ch

China Debentures Sh.$123. n.

Public Utilities -

HK

Tramways

$11.30

$11.20/25 så Peak Trams (old) $511⁄2 s. Peak Trams (new) $5 s. Star Ferries $781⁄2 n- Yaumati Ferries $1.60 a. C. Light $8.06. 1. HK. Electric $55 n. Macao Electrics $20 n.. Sandakan Light $3 s Telephones (oki) $19.80 s." Telephones (new) $8.20 s. China Buses Sh$1124 n Singapore Traction 10/6 n Singapore Pref. 22/6 b.

My Industrials Malabon Sugar $821⁄2 n Cald, Macg. (Ord.) Sh.19% Cald: Macg. (Pret), Sh-$13 Canton Ices $1.20 IL:: Cements $3 12 HK Ropes $2.15 1. Stores, etc. Dairy Farms-$1534 n Watson $3.05 1 Lane, Crawford $3 m Mackintosh $7′1 Sinceres $532 Wm. Powells 70 ets. 11. Wing On (EK) $35 2.

* Miscellaneous Entertainments $4:a. S. C Enterprises: $1.35 m. Macao "Greyhounds” $2 1 Constructions (old) $110- Constructions (new) 25 cts. Vibro Piling $41. Ch. Gost 5% 1925 G&Bds

90% L

HK Govt 4%-Loun

prem. b.

S., January

March

·66.60

WORLD'S NITROGEN

SUPPLIES

International Pacts Ratified

NATURAL AND ARTIFICIAL PRODUCING COUNTRIES

The ss. Sirdhana is due here Kwan, a blacksmith, $10, in de- fault three weeks' imprisonment, from Amoy on Friday afternoon

by Mr. W. Schofield at the Central Dext.

Magistracy for trespassing on

The RMS Empress of Asiaboard the R.F.A. War Bhruta, lying alongside the west wall of leaves Shanghai for Hong Kong the Naval Dockyard. and Manila on Thursday morning.

The RMS. Empress of Bussia

A fine of $390, în default three

will leave Vancouver on Septem-months hard labour, was imposed ber 21 and arrive in the Colony a 58-year-old Chinese widow, She will leave for Yan Sing, by Mr. W. M. Thomson at the Kowloon Police Court this morning for the possession of 13 taels of raw opium Revenne

on October 9. Manila the next day.

Le tures on the protection of the

civil population against was attack Officer Browne stated that the de fendant was arrested while leaving are being organised by the Hong the express on the Kowloon-Canton Kong branch of the St. John Am Railway. The opium was conceal- balance Brigade in furtherance of

ed in, the bottom of a basket con- the policy adopted at Home.":

taining chickens.

ACTRESS

Furniture Her Only

The local Consul-General of Peru, Mr. M. Rivers Iglesias, left BANKRUPTCY OF AN yesterday for Yokohama, to take London, To-day over charge of the Peruvian Con- According to press reports the salate at that port, pending the international nitrogen agreements arrival of the titular Consul negotiated in July by groups re During his absence, Mr. Manuel presenting the nitrogen industries Rivera Zapata will remain in of Belgium, Czechoslovakia, Ger-charge of the Consulate General in many, Great Britain, Holland, Hong Kong. Italy, Norway, Poland:

and

Asset

London

Switzerland have now been signed Gregory S. Ter-Georgorian, stead, told the statutory meeting by all the parties, making possible Russian

merchant

was

Miss Joyce Elizabeth Bland, se tress, of Arkwright-road, Hamp this of her creditors at Carey street, a confirmation of the arrange-morning ordered to be expelled w. C., recently that her only as ments between the European from the Colony and was fined $10 set was some furniture. groups and the Chilean industry, by Mr. Q. A. A. Macfadyen at the Mr. H. H. Caine, Assistant Of- drafted contemporaneously, which Central Police Court for entering ficial Receiver, presided, and said Jaccordingly have now been for the Colony without a valid pass that no creditor was present

mally ratified in London.

The agreements are understood

port on September 8.

Miss Bland- Do you mean that no creditors are here. Is there. anything 1 can do?-N

Money-Le

The receiving order

to provide for the regulation of Hong Kong rainful for the 24 sales, and prices and the sharing ibours ending at 10 am to-day was of world markets, other than the 2.84 inch. The total since January United States, between the parties 1 has been 61.39 inches, against on the petition of

lines an average of 70.56 inches on approa as hitherto said, will be

from

HK Govt 376% Loan

term

Wallace Harpers $4 n.

Ito the legitimate.

adies wh

Pol

whose claim is Miss Bland ties at £182 and

All orde

de by the

the

herpest

the Official Recei

made