1935-09-19 — Page 6

BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION

Authorised Capital

$30,000,000

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Issued and Fully Paid-up 20.000,000 Incorporated by Royal Charter, 1853 Reserve Funds

·Sterling F. 6,500,000 "Süver ... $ 0,000,000 Reserve Liability of Pro-

rrietors

Paid-up Capital 20,000,000 Reserve. Fund....

HEAD, OFFICE HONG KONG:

•BOARD OF DIRECTORS,

Chairmen

CC Knight. Esq.

Deputy Chair

T. X. Graybara Eng.

Cilert Manager,

AW. H. Bell, Esq. K. S. Morrison Esq

A. H. Compton Esq.

Reserve Liability

prietors

Bor Sr

Agencies and· Branches:

HEAD OFFICE: LONDON

"Pro-

£3,000,003 £3,000,000

£3.000.000

Body

Ipob

Larchi

Calcutta

Tcmpres

Cawnpore

Kaching

Manis

Medan

Rangoon Ksigau Setserang Seremben Shanghai Singapore Stivena Mograba Taiping Tiectwin Touc

Haiphong

New York

Hamburg

Piping

(Peking)

· Amrimar

Bangkok Bateria

MT. Johnson, ExQ+ Calcate Hon Mr. J. J. Paterson,

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

BANGKOK

IAMATTA

BON BAY CALCUTER CANTOS CHIFFOO CELOMBO

FOOCHON KUPUO

HAMBURG

HANKOW

HARRIS

HORGAEW

TLOTLO

ZOTIORE

KABE

KOWLOON

BRANCHES.

LONDON

MALACCA

MANIZA

MUAR (roboret MUEDEN

NEW YORK

PEIPING

PENANG.

RANGOON

SAIGON

SAN FRANCISCO.

KUALA LUMPUR

SHANGRAT

SINGAPORE

KOCKABATA

SUNGEI PATANI

TIENTSZK

ΤΟΠΣΟ

TSINGTAO TOKORKMA

Coat Areosats opened is Local Currner Bo Fixed Depoelzs erived for woe year or shorter perioda in Local Carney and Sterling on terms which will be quoted on applications

Hong Kong. 6th April, 1935.

“HONG KONG SAVINGS BANK

The Basiness of the show Bank is conduct by the HONG KONG AND SHANGHAI BANKING CORPORATION

obtained on application.

| Baskıya Harbin

(Bbuker) Tringas

Torokera

Zamboanga

Home Boar

Foreign Bodenge and Genam) Baking businem

trometed

Current accounts opened and Pizać Dejot | trevived for one year or aborter'sarioda: at rates. | which will be quoted on applienałam. -

A. BREARLET,

Manager. Hong Kong 1st January, 1935.

THE CHINA MAIL THURSDAY, SEPTEMBER 19, 1935

Commerce and

Finance

LOCAL DOLLAR IMPROVES

Silver Prices Steady

The local dollar has advanced 4. opening on demand this morn- ing at 2/02

Silver prices, however, remain- ed' steady," "spot" at 29-5/16 and "forward" at -29-5/16 -

-

The London on New York cross- rate was quoted at $US34.927%, as compared with £-US$49435. while the New York on Lon- don cross-rabe, was quoted at £—US$493%, as

compared with £—US$498.

EXCHANGES.-

TO-DAY'S QUOTATION

AMERICAN EXPRESS COMPANY, On London

INC.

Head Office:-65, Broadway, New York

Capital

Samplas Reserves

US$6,000,000.00

kranteedaan Antwerp. Aldens

BRANCHES:

Gece

Ginagom The Hagus Havson. Hamburg

2181633.05

870,731.05

On Singapore...

On-demand

LOCAL SHARES

TO-DAY'S QUOTATIONS

The following is the list of “ocal share quotations issued to-day:

Banks.

HK Bank $1,015 n

H.K. Bank (London) #105 x.. Chartered Bank £123⁄4-n Mercantile Bank A

£294" n

Mercantile Bank C. 1123⁄41- Bank of East Asia-5761⁄2 n.

Insurancns

Canton Ins. $180 n. Union Ins: $980 2.0 $375 38. China Underwriters $1.10 m. China Fire Ins. $332 n HK Fire Inx. $180 m International Assće. $4 +2**

'Shipping":

Douglases 436 0.

HK Steamboats $4. Indo-Chinas (Pref.), $30 m. Indo-Chinas (Def), $12 n. Shell (Bearer) 70/- 1. Union Waterboats $113 n

Baguio Gold 24 cts. s.. Benguet Consolidated $12.10 Benguet Exploration 13 ctx. 11. Benguet Goldfield 10 cts u.

On demand

2/26

4 months' sight

2/-5%

Credits-4 months' sight

2/1

On Shanghai

On demand

1304

Mining

ST

· Antamoks. 80, cts. 1- Balatoes $18 m

On Japan

On demand

17344

Niew

On India

Kaplow

On T.T. and demand

135

Pirsace

Bules may de

Basie Berlit Bombay

Paris Paiping

On New York-

On demand

50%

Big Wedge 8 cts.

Bre

Cairo

T. M. GËAYBURK -

Chirt Manager. Hong Kong. " February, 196

Calcula

Heidelberg Interiakam Jerusalem London Liverpool

Gold-Creek 30 cts.

Credits 60 days" sight

5234

Gold River 7 cts. 1..

On Batavia-

On demand

74%%%

Ipo Mining 90 cts. a.

Itogons 3672 cta. n

Largado Insor Marle Monte Carlo

On Paris

Salacots 15 cts. n.

On demand

765

Venice

Kailan Mining Ad. 11/6 n.

Manila

Hanich

.

Tokohama Zurich

Credits 4 months” sight

810

Langkats (Single) Sh. $14 n

Montreux

On Saigon

On demard

761⁄4

On Manila-

Shai Exploration Sh $451⁄2 n. Shai Loms Sh. $54 n.. *Banks $2.5

100%

On demand

90%

Venz; Goldfeld $2.39 n.

Docks, etc. /

accouzės

Sovereigns bank buying rate 2/13%. 29-3/16 Bar silver per oz..

HK and K Wharves

$74

FOR THE HONG KONG AND SHANGHAI BANKING CORPORAZION..

THE BANK OF EAST ASIA, LTD.

Authorised Capital

Paid-up Capital

Beserve and Cadivided Prodre

Cannes Colocabo Copenhage Dublin

Edinburgh

Florence Страна

Eucering

Ročiardam Komer Simachal Southaexploa Singapore Timatela Torrosion

Trout

Branches of American Express $10,000,000.00 Company in Principal cities of United

59,900.00 States of America and Canada, 2,180,200,00 }

HEAD OFFICE:HONG HONG 10. Dei Tour Road Central

BOARD OF DIRECTORS :- Sir Shou-san Chow, Chimen Xon Chun. Ex P. H. Kwok, Esq. Wong Tun Toor Eq.. Chan Ching Shel. Enque Lui Lan Bang. Esgm Foog Che Son, Esq. and Las Ting Pc. Ziy

Kaune To. Eng. Chin! MaungSTIC. Ll The Fong. Eig- Manager.

BRANCHES AND AGESCHES

ماندلا

Melbourne

العمل

Aloy Tataria

Seattle

Semarang

Baby

Hangimi.

Calcutta Cantos Haiphong Hankow

Sew York.

Singapore

Osal

Sourbeye

Parin

Fai

Kowloon London

Priping

الدو

Tartoon

San Francisco

TNBONY Tintain Tokyo Vancouver Tokohezze

Every description" of Basicion and Ex-beegs But transacted. Loand granted on seprowad

securitie

Curhat Accounts uprised in Local Curmary: Fized Demmita received for or war or shorter period is Local and Forrige Commi e terms which, wilt he quoted of application..

Finn Dupoaie Boss To Lot:

KAN 'TONG: PO.

LIMITED

All classes of Commercial Banking Transactions undertakes.

Personal --- investiment handied

The Company offers to intending

-On demand

On Bangkok-

Travellers the use of its zavellers NEW YORK STOCK

Cheques” and Letters of Credit and

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

E. W. DUGGAN.

Manager.

THE WING ON BANK LIMITED

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

EXCHANGE

September 18.

The following quotations were re- ceived by Reuter:-

LONDON BANKEES: Westminster Band, Ltd. Foreign Exchange and every desi eription of banking business transact- Dec...

STOCKS:-

Last close

NYLondon

4.34

11.00 10.20 September 19. 4.93% 4.93

N.Y. Cotton

Oct May

10.44 10.61

10.53* 10.61 10.77. 10.81

NY. Eubber

Dec.

[Chic' Wheat

Dee.

May

Chief Menacer.

Chic Corn

1143

99% 100%

592

11.52 11:54

99

59%

ed.

Bearing

Current Accounts and Savings Ac- Amer Smelting 50% Feounts opened Fixed Deposits re-Con Gas

26% of NY. Special rates given Elec Bond &.. on application. for Special deposits.

Share

12 Trusteeship and Executorship ***General Motors 46% Safe Deposit Boxes for Int Tel & Tel 10% dertaken. hire.

Loew's. Inc. 45 PHILIP GOCKCHIN

Montgomery Chief Manager

Ward SHU FONGINY. Central L... GOCKCHIN Asst. Manages

Ast, Manager Standard Oil

NJ. U.S. Steel

50%-50

27%

12% 1274

46%

10%

· 10

4472

$4% 2541

3472

34%%%

26

26

THE CHINA & SOUTH SEA BANK,ceived at rates which will be quoted

(Incorporated in China) Head Office ...Shanghai

Capital

Reserve

.$7,500,000.00

--$1,500,000.00.

Branches ...All Important Cities!

in China

Foreizo Exchange and General

Bamines transacted,

Crest and Saving Accounts opened and Fised Dugonita sumired for one year or shorter. periode arten which will be quoted on application:

SOC Z CHANG.

Manager.

HONG KONG BRANCH: 3. Der Voruz Bood, Comeal.

Manager's Of

Foreign Exchange · Dept.,

General Offic

Cambier's Offer

THE YOKOHAMA SPEĆTE BANK

LIMITED

Established 1880

Capital (fall paid-up) Ven. 100,000,000)

Yen. 127,450,000 Reserve Fund

Head Office:-YOKOHAMA

Branches and Agencies at:,

Alexandria

Batavia“

Berlin

Bombay

Calcutta

Canton

Dairen (Dalny)

Fengtien

Hamburg

Hankow

Nagasaki

Naguya

New York

Oszká

Paris.

Peiping

Rangoon

Kakden) Rio de Janeiro

San Francisco

Seattle

Harbin

Semarang

Bong Kong Hoolala

Shanghai

Singapore

Sourabaya

Kobe,

Sydney Tientsin

London

Lokyo.

Los Angeles

TEE

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED

(Incorporated m

Capital paid up $5,000,000

$7,300,000.

Eeserves Capital Savings Dept. $500,000. Reserve Savings Dept. $600,000. Head-Office Shanghai

A Bank having as its mission. the industrial development o

China and the fostering of her commercial relations broad. Hong Kong-Office-Ma

7. Ice House St.) Phone: 31431-2-3

Is It Insured?

LOWEST RATES merican-Asiafic Underw

Fed Inn, USA! General Agents

46%

49% 425 *43 474 48% 43

BERLIN SHARE MARKET

FALLING PRICES - AGAIN REPORTED

-CHINA:MAIL" SPECIAL

Berlin, To-day. The developments in the Italo- Abyssiniah conflict, overshadowed all other infinences on the share market, so that buyers held back, and though the stock offered was small the lack of demand resulted in falling prices.

Even the satisfactory result of the Treasury bond issue and the substantial improvement in foreign. trade in August were not enough to stimulate the market

Fixed interest, securities were also quiet, the tendency through out being uniform. was at 3 per cent Service

Call money Trans-Ocean)

CHARTERED BANK INTERIM DIVIDEND ANNOUNCED

They following te ceived to

HK and K. Wharves

$72-1.

MILK SUPPLIES OF

BRITAIN

Distributors Oppose Marketing Board

APPEAL TO MINISTRY OF AGRICULTURE

London, to-day

NEW YORK STOCK MARKET

Feeling Of Caution

In Outlook

EUROPEAN SITUATION HOLDS LIMELIGHT

In their market report, Messrs.

NEW ADVERTISEMENTS

PUBLIC AUCTION.

"THE undersigned have received:

Te instructions to sell by Pablic

Auction

Од

Tuesday, the 21th- Sept. 1935 commencing at 10 a.m.

A Quantity of VALUABLE. HOUSEHOLD

FURNITURE and

Difficulties have arisen between S, E Levy and Company, corres at No. S. Conduit Road, Ground FL the milk distributors, and the Milk (pondents for Messrs. White Weld Marketing Board regarding the and Company, New York, state- contract for the year beginning "Stocks While optimism con- October 1 in. connection with tinues towards business prospects which the Board has had recourse for the Autumn, the European the limelight. Bto its powers ander the Marketing sitnation holds

Scheme. to prescribe terms which Average prices of railroad and -in pay-dustrial issues to-day again ap provide for slightly incre

hout proximated the recent high levels ments to milk producers change in the retail-petoes will**

of raw and any sudden turn in events

One Eken-Consolette Radio. On view from Monday the 23rd, September 1993

Terms: Cash on Delivery.

LAMMERT EROS...

Auctioneers

would find the market vulnerable Hong Kong. 19th Sept, 1935

The terms are stated by the Hence, our view of the outlook in Central Committee representing the near future warrants a feeling

the distributors to involve an in- of caution Business done: 190 Cinema Notes

creased charge to them of $1,250,- 000; shares.

(Continued from Page 5)

#ECASINO SMURDER CASE”

ORIENTAL THEATRE

000 and they have used their "Wheat The strong statistical right to appeal to the Ministry of position is now more generally re- broader: Agriculture, at the same time ad-cognised and trading is vising distributors to refuse to We would advise purchases, but we sign contracts on the proposed would take some profits on bulges. basis, pending a new decision un- Total sales: Wheat: 68,258,000 Der the machiners of investigation bushels. Corn: 12618,000 bushels with Paul Lukas as the featured

Marketing Cotton: Trading, or the Cotton laid down in the

player, brings to the screen. 'z Exchange to-day was Scheme.

third distinctive portrayal of The Board maintains that the Liverpool interests were heavy Philo Vance, S. S. Van Dine's distributors margin is insuficient buyers, while "spot houses readily famous fictional detective

schive.

The "Casino Murder Case.”

Rather than present a purely to enable them to meet the extra absorbed Equidation. We favour

dramatic mystery the producer, charges without hardship and is scale-down purchases.

Flash: Average daily petroleum Lacien Hubbard, has chosen to taking measures to provide for an n-emergency distribution in case an production for the week ending make the latest Philo Vance agreement is not reached by the September 14 was estimated thriller an unusually humorous end of the month-British Wire-2,750,000 barrels, against 2,650,000 yet mystifying story with rapid- barrels the previous week.” The fire action and sparkling dialogie. less Service.

Edison Electric Institute esti That the new picture has its

THE KMA. COAL FRANCHISE

Rumours Officially Denied

Tientsin. To-day.

mates weekly electricity produce funny moments is assured by the

tion at 1,828,000,000 ̃kwh, an in-jfact that the inimitable Alison crease of 119 per cent over the Skipworth is prominently'cast as corresponding period of last year the domineering "Mrs. Llewellyn” The magazine Standard Statis-faround whom much of the action

circles ties reports:

Cotton: We advise purchases on

any setback during the current “MURDER AT THE VANITIES"

-STAR THEATRE crop movement.

In an announcement issued yes Wheat Domestic prices should

This musical extravaganza eme- Terday, the, Kailan Mining Ad-advance as the statistical position (old)ministration formally denies the improves. We recommend par-bodies all the attractions of a good singing and dancing picture and rumours circalated by some for-chases.

The Hides: Present prices are disa murder mystery as well. (new) eign news agencies, to the effect

that the Kailan Mining Adminis-counting the sizeable statistical story tells how a person is killed

(in the middle of a variety show. tration had considered the sale improvement by reactions.

The Silver: We recommend ample

suspects include. Carl of its franchises to the South Manchurian Railway Company.jcoverage for forward requirements Brisson, Kitty Carlisle, Jack Oakle Copper: We would accumulate and Gertrude Michael Victor Such rumours, it is stated, are

moderately.

MacLaglan is the "not so dumb” Labsolutely groundless.

detective.

HK. and W. Docks $9 n. Providents: (old): 55-ets. 'n. Providents (new) 29 cta: za Hong Kew Sh. $240 n. New Engineering Sh. $4 a. Shanghai Docks Sh.$78 n.

Cotton Mills Ewo Cotton Sh.$6 n. Shanghai Cotton (old)

· $55-1. Shanghai Cotton (new) $40 Zoong Sings Sh. $34. Wing On Textiles Sh. $25 n Lands, Hotels, etc.

HK and S. Hotel $3.10 2 HK Lands $221⁄2 n

Latest Quotations The following quotations were received by Reuters

Prev. To-day's close close

NY/London

cross-rate

“BRIGHT EYES”—MAJESTIC

THEATRE-

The wonder child actress, 43% 43% Shirley Temple, who has already 10.44 10.63

been elected the most popular 11.52

actress in films for this year, comes to the Majestic in one of 66.14 - the her many fine pictures, “Bright 65%

Eyes"

This no- NY, Rubber Dec. 1. 1143

98%

58%

Since the Manchurian incident four years ago, the South Man- churian Bailway Company has She captured a part of the coal market of the Kailan Mining Administra- As a result, much over- - tion."

produced coal has been piled up NAY. Cotton Oct In many of its yards. counts chiefly for the spread of Chicago Wheat Dec. 99% such rumours, that, in order to Chicago Carn Dec. 59% protect its interests, the Kailan Montreal Silver Dec. 66.10

Silver Official

65% --% Dow Jones Averages Mining Administration has been considering the sale of its fran- 30 Industrials. -133.11 chises-Central News Agency. 20 Raps · 36.16 36.74.158 up

20 Utilities. 25.85 25.84 01 down

96.52.96.57. 05′ up 40 Bonds 11 Commodity

Index 54.99 55.02 03 up Business Done:-1,940,000 shares.

HR Lands 4% Debentures $100

Shanghai Lands Sh. $201⁄2 n. Metropolitan Lands. Sh. $10 a Humphreys $152 1 HK Realties $4'a Chinese Estates $39 n. China Realfies Sh.$4 m. China Debentures Sh.$123 1.

Public Utilities

H.K. Tramways $104_n. Peak Trams (old) $51⁄2 n. Peak Trams (new) $5 n.. Star Ferries $78 s Yaumati Ferries 317 n. C. Light $8.05 $8.00 sa H.K. Electric $52 b. Macao Electrics $20 a Sandakan Light 33 s. Telephones (old) $18.15 b. $182

Telephones (new) $72 s, China Buses Sh.$114 n. Singapore Traction 10/6 n. Singapore Pref. 22/6 b. Industrials____ Malabon Sugar:381⁄2 a Cald., Macg (Ord) Sh.$19% Cald: Marg (Pre), Sh 13 Canton Ices, $1.80 2. Cements $2.90 1 FLK. Ropes $2.15 8.

Dairy Farms $143% n Watson: Sen Lane, Crawford 33 m -Mackintosh), VELLE

Sinceres 31.

Wm. Powell 70 dis. Wing On (HK)- $55

Entertain

S. C Enterprises Macao Greyhoun Constructions (old Constractions (1) Vibro Piling 24 1

5% 1925 G$BJE,

BRITISH TRACTORS FOR OVERSEAS Export Quadrupled This Year

London, to-day Exports of British-made farm tractors have grown remarkably

COMMODIFY PRICES |

The following quotations have been received by Beuter.

Prev. Yesterday Closing Closing

$10.44 10.63

this year. For the first six New York Cotton:-- months of 1935 they were four October times as great as for the same December period of last year.

January

of March

10.47 10.67 10.50 10.59

The improved condition work agriculture and growing May mechanisation explain the expan July sion of the demand for tractors Spot from the United States, Canada, New York: Rubber: America, South Africa September South New Zealand and other countries December. --British Wireless Service.

January

March

RAW RUBBER PRICES May

The picture has its usual quota of laughs, while Shirley sings quite often. Her fans will have ample opportunity to admire her las this is practically a "one girl

[show."

gone..

Everything

BUT YOUR

SAVINGS

RENT

10.55 10.79 10.64 10.82

10.65 10.90

10.30

11.00

FOOD

CLOTHING

11.274

11.28b

11.43

11.52:

1151

11.50

HEAT

1165

∙11.74

11.80% 1ST

TAXES

Chicago Whee

98%

97

¡December

May

99%

987

WATER

-100%

99%

Chicago Corn

812

CHETS

+584

593/

58%

924

SAVINGS

+94%

SAVE SOMETHING

97

9674

2:56

Latest Quotations From September

Singapore

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

Winnipeg Wheat:

October: Spot 18.4 Up / b. 19.3. October/December 18 4 Un- December

¡May changed b. 19 &

New York Suga

January/March (1936) 19

Tuchanged b, 19% & April/June (1936) 20 % Up %

March

REICHSMARK QUOTATIONS

Market teadier

START NOW

UNDERWRITERS

SAVINGS BANK

FOR THE FAR FAST

Deposits

tes to be

Hong Kong With