1935-09-17 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION Authorised Capital

----- $50,000,000 Issued and Falls Paid-up

Reserve Funds—

Sterling

-

*. £,500,000

Skver

--- $0,000,000

Reserve Liability of Pro-

prietors

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

20,000,000 Incorporated by Royal Charter, 1853,

HEAD OFFICE HONG KONG.

BOARD OF DIRECTORS,

5 H. Dodre. Esq.

Chairman

Ca Raight, Eng.

Departy Conermen

T. M. Grayburn. Esq.

Chist Manne.

HEAD OFFICE: LONDON

£3,000,000

Agencies and Branches:-

Bangoon Saigon

Paid-up Capital

20,000,000

Reserve Fund A.

LES,000,000

$3,000,000]

Reserve Liability of Pro-

prietors

Alor Star

Arie

Bangkok

Ipak Kanchi

Bombay

Robe

Calcutta

Cation

Lup

| Cavapore

Cebo

Kuching

Taiping

Xenia

Medan

Tongkah

New York

(Bhuber)

Hamburg

Piping

*Twingono

| Rambow Barber

(Pulding):

Tokohama

Pabang

Hong Koor

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

AH Compton Ex

II. Johnson, Ex Calome Hon. Mr. J. J. Paterson,

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

AVOY

BANGKOK BATAVIA

BOMENT

CALCUTTA

CANTON

CHE:POO

COLOMBO

FOOCHOW

HAITHONG

HAMRI

HARRIN

HONGKET

1POH

HLOHO

JOHORE

FOWLOON

KORK

BRANCHES

LONDON

LYOXS

MALACCA

KANIZA

MCAR Noboru)

MUKDEN

NEW YORK

PEPING

RANGOON

Seremban Shanghai.. Singapore

Setiawan

Foreign Exchange sod General Banting hominum transacted.

CHINA MAIL TUESDA

Commerce and Finance

LOCAL DOLLAR IMPROVES

Silver Prices Steady

The local dollar has advanced 11. opening on demand this mor

ning at 2/5

were

Silver prices. however, steady, "spot being at 293 and "forward" at 29 716.

The London on New York cross rate was quoted at £-US$4.945%. as compared with S-U.S.$196. while the New York on Lon

was quoted at dan cross-rate

Current Accounts opened and Fized Deporte weerved for one year or shorter palate a—US.494, as compared with which will be quoted on application.

A BREARLEY,

Manager

Hong Kong, 1st January, 1935.

KUALA LUMPUE

PENANG

SAIGON

SAN FRANCISCO.

SHANGHAI

SINGAPORE

SOURABAYA

THE

SONGFI PATANI

TIENTSIN

TORTO

TSINGTAO

TOKOHAMA

Curmet Arrogate opened in Local Onereary and Fised Deposits roeiwed for.com war Or aberser periods in Loral Carency and Sterling on term which will be quoted on application.

Hong Kong, 6th April, 1935.

AMERICAN EXPRESS COMPANY,

INC.

Head Office:

Capital Surplus Reserves

HONG KONG SAVINGS BANK

The Burman of the above Bank is contact

ed: by the HONG KONG AND SHANGHAI” BANKING CORPORATION, Bulen may be obtained on application.

FOR THE HONG KONG AND SHANGHAI -BANKING CORPORATION

T. X. GRATBURN,

Boos Tour 23 February, 1935.

Armsterdam

Antwerp Athens

Au

Berlia

Bombay Bre

Brannala Cairo

Calcutta

Chint Manager.

THE BANK OF EAST ASIA, LTD.

$10.00.000.00 5.5,800.00 $1,490,000.00

Authorised Capital -

Paid-up Capit

Reserve.and Undivided. Prose

20. Das Tour Band Central

HEAD OFFICE-JONG KONG

BOARD OF DIRECTONS:-

Bir Show-son Chow, China,

Li 3000 Caun, Esq. P. L. Krok Zg. Wog Yun Tong, Eag. Cina Chirr Shak Eng- Il Lea Fang. Ext. Thong Chu Soo. Eng., and Kan Ting Po. Eng.

A7007

Kan Take To Buy Chief HADRETT. LT Foog. Eng. Mammet.

BRANCHES AND AGENCIES ---

Manilm

Batavia, Bombay Caletta Can100 Haiphong

Sellameron.

X York

Parin

Hankow

Prigina

Honoials -

Peng

Fabe

Ruwroo

Kowloon

Sin

Fax: Francisco.

Stonebri Sizes poem: Sourmbeya

Swator buy dewy Tuhoka Lost "Tokyo Vancouver Jakobastia Every description of Backing and Exchange approved butions transacted. Los grated on

Loodos

Loot Currency Carwat Breounts opened in and Fleed Deponite received for Door [shorter perioda un Loca and Foreign Currencies on term which will he quoted on applicatícia...

Safe Deposit Boxes. To both

KAN TONG PO.

Chief Manager.

Caones Colombo Copenhagen Dublin Edinburgh Floribon Geor

BRANCHES:--

Gressos

The Hague

Havana

£-U.S.$495.

EXCHANGES

LOCAL SHARES

1935

NEW YORK STOCK MARKET

Markets Slightly Reactionary

HEALTHY STATISTICS

MIGHT HAVE BEEN

A SULTAN

Cracks Stones For 2s. A Day

ASTONISHING LIFE STORY

Capetown While Abyssinia is in trouble In their market report, Messrs with Italy, a man who claims to SE Levy and Company, corrés- The following is the list of ocal pondents for Messrs. White Wald share quotations issued to-day:

and Company, New York, state:--

TO-DAY'S QUOTATIONS

Banks

HK Bank $1,000 ₺., $1,020 33. HE. Bank (London) £104 z. Chartered Bank 2 n.

Mercantile Bank A. and

*****665

Mercantile Bank C., £123⁄4 n Bank of East Asia $761⁄4 n.

Insurances

Canton Ins. $180 n. Union Ins. $375 b.

China Underwriters $1.10 IL China Fire Ins $982 n. EK Fire Ins. $180 s.. International Assce. $4 I."

Shipping

Donglases $35 1

HK Steamboats $4 a... Indo-Chinas (Pref.), $30 n. Indo-Chinas (Def), $12 ni- Shell (Bearer) 69/41⁄2 n. Union Waterboats $17 n

Mining

Balatoes $18 a Baguio Gold 24 ets. s. Benguet Consolidated $12,10 m Benguet Exploration 13 ets. Benguet Goldfield 10 cts a.. Big Wedge 8 cts. Gold Creek 30 cts. n.

TO-DAY'S QUOTATION

On London-

On TT and demand

2/3

$5, Broadway, New York

4 months' sight

21-2

Credits 4 months" sight..21%

On Shanghai

US$6,000,000.00 2,183,633.06 820,731.05

On demand

1311

Antamoks 80 cts. 1.`

On Singapore----

On demand

853%

On Japan-

On demand

17014

Kaplam

On India-

On T.T. and demand

133

On New York—.

On demand

**9

Credits 60 days" sight

513

Gold River 7 cts. D.

Ipo Mining 90 cts. n.

On Batavia-

On demand

73-3

Itogons 36% ets: .

On Paris-

On demand

Credits 4 months" sight.

7974

On demand

75

On Manila-

On demand

99

Hambu Have Heidelberg Interlakes Jerusalem Loodou

Liverpool

Locarna

Logo

Lazor

Kamilles

Monte Carlo

Maria

Manich

Montres

Di Parin Peipiza Paterno Rotterdam Fot Shanghal Southampto Singapore Tsorias Viereck

Yokohama Zarick

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

All classes of Commercial Banking Transsetions undertaken.

Personal investment

handled

accounts

On Saigon-

On Bangkok-

752%

921 On demand Sovereigns bank buying rate 2/1)

293 Bar silver per oz.

The Company offers to intending Bar silver in Hong Kong Travellers the use of its Travellers Copper cash

Cheques" and Letters of Credit and Copper cents

in addition, the world-wide services

--- Hom

Xlori.

par.

of its thoroughly equipped Travel Rate of native interest .. 3% pa.

Chinese sub. coïn Department

Hong Kong sub. coin

EW. DUGGAN.

Manager.

THE WING ON BANK LIMITED

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

31 dis par.

NEW YORK STOCK EXCHANGE

September 17.

The following quotations were re- ceived by Reute

Salacobs 15 cts.

Kalian Mining Ad. 11/6 n Langcats (Single) St. 14 n. Shai Exploration Sh.$431⁄2 n. Shai Loans Sh. $34 a. Raubs $71⁄2 1.

FOR WHEAT

were

Stocks, The markets. slightly reactionary to-day, but we maintain that securities are bullish over a long period. Busi-

be the son of the late Emperor Menelek II of Abyssinia is at the. moment cracking stones for two shillings a day in a remote part! of the Cape flats.

is known as

he Locally

NEW ADVERTISEMENTS

PUBLIC AUCTION

THE

HE Undersigned have recer

ed instructions to sell by Public Auction

On

Friday, the 20th. September, 1935 commencing at 230 pm.

at their Sales Room, No. 35, Hankow Road, Kowloon

A Quantity of VALUABLE HOUSEHOLD

FURNITURE

Fcomprising:

Bed Room and Dining Room Suites. "Prince Zaranie" but he has any Furniture, Chesterfield thing but a princely outlook..

Carpets and Rugs, Ornaments,

he $33

•

also

A Selection of Black Wood Furniture and

One Radio Set -

the

ness done: 1,490,000 shares.

Stranger Than Fiction Wheat-The market is showing

His life story reads like the Clocks Table lamps, Gramophone la better response to statistics,

Glass Ware, Ice Chest, Porcelain Pre would pages of fiction. At one time beland Records, Cabinets, Brass and which are healthy.

Ware, Pictures, etc., etc. favour purchases and avoid bulge had hopes of becoming the Sultan buying.

Total sales: Wheat: of Mozambique. Later |16,590,000 bushels. Com: 2,488,000 with Kitchener in Khartoum and The fought through the South bushels.

African War. Cotton--The probability of a

According to his story, the solid broadening in domestic and

for American "Prince" left home when he was foreign demand actuals suggests the advisability of 19 with over $200 given him by Arabs who accumulation whenever hedge his mother. Two

claimed to be rulers of Mosambi- pressure canses easiness.

Cocoa-The approaching heavy que took him before the Sultan- grinding season and expectation a very old man and the latter of orderly marketing of Gold agreed that he should succeed

bim, but his son objected: makes Coast production

pur- chases af futures attractive.

The two Arabs collected 1,000NTINEX Flash-The magazine "Stan- dard Statistics" says that favour-followers and £600, but the

position was too strong. Zaranie able earnings prospects and constructive money market would was defeated in battle, wounded make an upward trend in stocks and had to escape to the Sudan [sound:

*

Strong Opposition

op-

To-day he is cracking stones in wilderness of Wattle Bush near the little German cemetery of New

Steel mill activity during the past week is estimated at 483 per isleben, on the Cape flats, where cent of capacity, against 49.7 pere the remains of some of the cent the previous week.

Latest Quotations

The following quotations were received by Reater-

N.Y./London

Prev. To-day's close clope

Venz; GoldSeld $2.30 n.

Docks, etc.

cross-rate

HK and K Wharves

$74 n.**

NY. Cotton Oct. (old)MY. Rubber Dec.

10.31 1141a

HK and K Wharves.

Chicago Wheat Dec. 93 Chicago Corn Dec. 57 (new) Montreal Silver Dec. 66.40

Silver Official

65

4.95 4.94 10.30 1140 95% ST

66.55 654

$72 n.

HK ard W. Docks $9 n. Providents. (old) 55 ct. 1. Providents (new), 20 cts. n. Hong Kew Sh. $240 n. New Engineering Sh. $4 n. Shanghai Docks Sh.$78 n-

Cotton Mills

Ewo Cotton Sh$6 b Shanghai Cotton

$65

..

(old) Sh.

Shanghai Cotton (new) $40 Zoong Sings Sh. 3832 20 Wing On Textiles Sh. $25.1. Lands, Hotels, etc.

HK and S. Hotel $3.10 sa. HK Lands $2234 sa... HK. Lands 4% Debentures $100

Shanghai Lands Sh. $202. Metropolitan Lands Sh. $10 n. Humphreys $1

Dow Jones-Averages

30 Industrials 133.40 13291 49 of 36.45 36.18 27 f 20 Rails 20 Utilities 40 Bonds ...

26.11 25.85 26 off 96.72 96.65 .0% off

11 Commodity

53.50 53.85 35 up Index Business Done;~~~1,490,000 shares.

COMMODITY PRICES

The following quotations have been received by Beuter

Prev. Yesterday Closing Closing

New York Cotton:- October

10.32 10.39

earliest settlers.

BANK RATE RAISED

Precautionary Move At Amsterdam

*CHINA MAIL" SPECIAL-

Amsterdam To-day. The bank rate has again been raised, from 5 to 6 per cent, -as from September 17, by the Banki of the Netherlands, as a precan- tion for defence against new at- tacks on the guilder coming from London and Paris.

The last change was made on May 31, when the rate was raised from 4 to 5 per cent.--Trans Ocean Service.

SPEED TRIALS OF NEW LINER

Strathmore Reaches 22.27 Knots

London, to-day. The new P. & O. liner Strath- more has completed her speed trials with satisfactory results.

The contract speed of 20 knots was exceeded and the highest speed reached was 22.27 knots. British Wireless Service.

Two Enamel Baths. On View from Thursday 19th September 1935.

Terms: Cash on Delivery

LAMMERT-BROS.

Auctioneers. Hong Kong, 17th Sept, 1935.

Everything

gone..BUT YOUR SAVINGS

RENT

FOOD

CLOTHING

HEAT

TAXES

WATER

CHITS

SAVINGS

SAVE SOMETHING START NOW UNDERWRITERS SAVINGS BANK FOR THE FAR EAST, INC.

Asia Life Building Hong Kong

Tel: 30234

THE CHINA & SOUTH SEA BANK

LIMITED

(Incorporated in China)

Head Office Capital

Reserve

Branches.

Foreign

Shanghai

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

..All Important Cities

in China

Genersi and Exchange

Besiness transacted.

Backing

Current Saving Accoutta opened and Fiară Deposite meed for one year or shorter periods

wt rim which will be gouted on application.

SOU Z. CHANG.

HONG KONG BRANCH:

Manager.

24. De Voss Road. Central.

Menacer- Ofen

Foreign Exchange Dept.

General Office

Cashier's Of

THE YOKOHAMA SPECIE BANK

LAMITED.

Current Accounts and Savings Ac-Chin counts opeaed. Fixed Deposits.re- ceived at rates which will be quoted Special rates given on application. for Special deposits.

Trusteeship and Executorship - dertaken. Safe Deposit Boxes for bire.

PHILIP GOCKCHLIN Chief Manager

İL GOCKCHIN Asst. Manage

LI SHU FONG

Asst Manager Elec Bond &

Shares General Motors-46 Int Tel & Tel Loew's Ins Montgomery

Ward N.Y. Central Standard Oil of

NJ: iU.S. Steel

43 25%

Last close

NYLondon: 495

10.20 4944.94

LONDON BANKERS: Westminster Band. Ltd. Foreign Exchange and every des eription of banking business transact

NY. Cotton

Oct

10.31

10.29

May

10.51

10.48

10:30 10.47

Lod

Dec

Rubber Wheat

11ila 11.30

11.30

December

10.30 10.31 10.36 10.30

Dec

May

93% 94

94

HK Realties $4.

January

10.40

34%

Chinese Estates $88-n.

March

10.43

Chic Corn

China Realties. Sh.$4

May

10.51

10.43

-

Dec.

57

56

China Debentures Sh.$323 n

July

10.57

10.49

May STOCKS:

57%

57%

Public Utilities

Spot

10.65 10.65

Amer Smelting 50% - 30% Con Gas of

50%

HK. Tramways $10

sa

New York Rubber:-

NT.

-26% 26-%

27

13

13 12% 45%. 46

10%

44%

10% 10% 44% 4252

THE

36

35

36%

Peak Trams (old) $51⁄2 2 Peak Trams (new) $5 a Star Ferries $78% n Yaumati Ferries: $17 s C. Light $8.05 s. and sa H.K. Electric $522 b., $53

$52/52 2

September

11:18

11.221

December

11.41a

1240

January

1147

11.48

March

11.61

11.62

May

11.75

.11.74b

s., Chicago Wheats

September

92%

-34/8

25%

Macao Electries $20. Sandakan Light 33 8.

December

-93%

95%

May

943%

96%

·434.

Telephones(old)

$18:15

Chicago Corn:-

47

$47H

$181⁄2 sa.

September

77%

79%

December ...

57

874

May

57%

572

Winnipeg Wheat:-

October

90

90%

December

90/

91%

May

99%

94%

New York Sugar: September

2.55

250

2:43

2.46

2.07

2.06

March

2.08

2.07

May

2.12

2.12

Sew York SIETY

September

1.85

189

December

174

1792

March

1.74%

179

Montreal Silver:-

September

66.20

December

January

66.000 66.55% 66.40% ¥66:35m 66.90 67.01 66.99

Established 1880.

Capital (fall paid-up) Ven. 100,000,000 | Yen. 127,450,000! Serve Fund

Head Offices-YOKOHAMA

Branchez and Agencies at

Alexandria

Batavia

Berlin

Bombay

Calcutta

Canton

Dziren (Dalny)

Paris

Nagasaki

Nagoya

New York

Osaka

Peiping

Rangoon

San Francisco.

Seattle

Semarang

Shanghai

Feng tien Mukden) Rio de Janeiro

Hamburg

Harbin

ankow.

Rong Kong

Honolulu

Hinking

Kobe

London

Angeles

Singapore Sourabaya

Sydney

Interest allowed for

site received for fixed

tes to be obtained on-

Kong 12th

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED BEE (Incorporated in China)

Capital paid up... $5,000,000.

Beserves

$7,300,000.

Capital Savings Dept $500,000 RAW RUBBER PRICES

Reserve Savings Dept. $600,000. Head-Office-Shanghai

A Bank having as its mission the industrial development or Chins and the fostering of her commercial relations abroad Hong Kong Office

A

7. Ice House St. Phone: 31453-Z-STAR

Is It Insured?

#LOWEST RATES American Astri

Fed In UE

General Agents":

AP

Latest Quotations From

Singapore

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

Spot 1814 Unchanged-b, 18. October-December 18% Down

by 19 s January-March

-19%

(1936) Downb., 191⁄2 5. April-June (1936) 20% Down Ye

b. 20% s Market:

BERLIN SHARE MARKET

Berlin, to-day.A lack of buy ing orders caused prices certain declines points. Fixed inter were

to 3 per

reac

n

Telephones (new) $8 a China Buses Sh$11 Singapore Traction 10/6 n Singapore Pret. 22/6 b.

Industrials

Malabon Sugar $81⁄2 1. Cald, Macg. (Ord) Sh $194 Cald: Macg. (Pref.), Sh.$18 a. Canton Ices $1.80 n. Cements: $2.90 m HK Ropes $2.15 3. Stores, etc. Dairy Farms $14.30 ta Watson $3.11. Lane, Crawford $3 1. Mackintosh $72.. Sinceres $5 21-

Wm. Powells-70 ct 11 Wing On (HK) $55

Miscellaneous Entertainments $4 R. S.C. Enterprises $1.35 2. Macho “Greyhounds” $2 n. Constructions (old) $110_n. Constructions (new) 25.cts. Vibro Piling $4**

5% 1925 GSB¢

December

January

March

REICHSMARK QUOTATIONS

Berlin

Reichsmark

without guarantee) 40.27; Paris,

59.755, and

te Paris ster-

509, and the Ocean Ser

CHANNEL BUOYS

WHAT

buoys

WHAT would modern naviga

tion do without the channel those floating markers that keep ships off the shoals? In a very real sense, the advertise- ments in this paper are channel bucys, placed for your protection for the safeguarding of the family expenditures,

These advertisements are the signed statements of reputable firms who seek your patronage on the single basis of giving value for dollar spent. They are every honest statements, the only kind an advertiser can use and remam advertiser

People who get the most for their dollar in the market-places are those who keep an eye on the channel buoys. Day by day, they follow the advertisements to learn what and where to buy to the best

habit advantage. Make this Study the advertisements,

of shrewder buying.

advertisers

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