1935-09-23 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capal

$50,000,000

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Isped and Fully Paid-ap 20,000,000 Incorporated by Royal Charter, 1853 Reserve Fondaz

Sterling.. 6,500,000 Silver 10,000,000 Reserve Liability of Pro-

prietors

HEAD OFFICE HONG LONG. BOARD OF DIRECTORS.

Dodwell, Esq.

Chiron.

HEAD OFFICE: LONDON

Paid-up Capital 20,000,000 Reserve Fund

Reserve Liability of Pro

prietors

£3,000,000 ES,000,000

£3,000,000

Agencies and Branches:

Alor Star

Theils Ipek

Razgood Satroa

Bangkok

Seremban

Bombay Calentin

Kobe

A. H. Compton Eq.."

Carapare

M. T. Johnson, E34+ Colombe Hon Mr. F. J. Paterson,

Celm

Lampar Iushing

Manda Medan

Kungapore Sitiawan

у

Taiping

New-York

Toecksh

(Shuber)

Piping

(Paking)

Yolobama

Prosty

Zamboanga

C. C. Enight. Eng.

Deputy Chairman.

T. Y. Grasbarn, Esq.-

Chief Xaonger.

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

C. Miskin, Esq. T. E. Pearce, Esq., Haiphong

BRANCHES

ANOT BANGIOR BAT

LONDON LYONS

MALACCA

MAXTLA

MUXDEN

NEW YORK

PEEPING

CANT

CHEFOO

COLOMBO

DUBEN

FOOCHOW

HAIPHONG

·BANKØRE

HAMBURG

EARFIX

*HONGKET

TUOTTO

IPOR

JOHORE

ROBE

MTAR (Joker)

SHANGHAI

Hamburg

Hantor Farbir Hong Le

transacing

THE CHINA WAKE, MONDAY, SEPTEMBER 23, 1935

Commerce and Finance

LOCAL DOLLAR DECLINES

Silver Prices Drop

The local dollar has declined 4. opening on demand this morning at 2/0

Spot silver, however, dropped 1/16 to 29, and forward dropped 1% to the same figure

The London on New York cross- rate was quoted at £ US$491%, as cumpared with £--US$4.917%, while the New York on

Lon-

Forrige Exchange and General Being in den cross-rate was quoted at Curves Lccount opened and Hyd Deporte US$4912, as compared with randved for one year or shorter periode nå ruine which will be quoted on sypilation.

A. BREARLET,

MADRver. Hong Kong, 1st January, 1985.

INC.

LOWL WIN

+

PENANG

RANGOON

SAIGON

SAN FRANCISCO.

KUALA LUMPUR

SINGAPORE.

SOUBABATA

SINGER PATANI TIENTSIX

TOKYO

TSINGTAO

TOKOBAXA

Current Accocate dorsed in Local Cirror and Fired Deposite suerived ice ons war or shorter perinde in Loral Currency and Probin * terma which will be quoted un application

Hong Kong, 6th April, 1935.

HONG KONG SAVINGS BANK

We Buricem of the above Bank in condues ed by the HONG KONG AND SHANGHAT BANKING CORPORATION. Rulon may be

tted to piction.

FOR THE HONG KONG AND SHANGRAT BANKING CORPORATION,

T. M. GRAYBURN

THR

AMERICAN EXPRESS COMPANY,

Head Ofce:-65, Broadway,'*

Ner York

Antwerp Athen

Liverpool

Lucerne Lursto

Roczerwca Botte Shanghai Southampton Singapor

Taormion

|5--US$491%.

EXCHANGES

TO-DAY'S QUOTATION

On Singapore—

LOCAL SHARES

TO-DAY'S QUOTATIONS

The following is the list of "ocal share quotations issued to-day?

Banks

HK. Bank-$1,010 DI H.K. Bank (London) $108 2. Chartered Bank £123⁄41⁄2 1. Mercantile Bank A and

Meccamble Bank C. 1132 Bank of East"Aria: $76% 1.

Fearances

Canton Jux, 3£80-** Union Ins. 4375 1. China' Underwiiters $1.10 n. China Fire Ins. $982 m. HK Fire Ins. $180 n. International Assee. $4 n.

Shipping

Douglases $36 a.

HK Steamboats $4 3. Indo-Chinas (Pref.), $90 n Indo-Chinas (Def.), $12 n Shell (Bearer) 66/1014 Union Waterboats $114

Mixing..

B

MANCHESTER REPORT

Cotton Market Shows Uncertainty

ORDERS MOSTLY UNEVENLY DISTRIBUTED

Messrs. James F. Hutton and Co. Ltd., Manchester, reported as fellows on August 21:— (*)

FURTHER YANGTSE FLOODS

Waters 80 Feet Above Normal

HUNDREDS OF HOUSES CARRIED AWAY

Chungking. To-day. Fulfilling the grave fears of a new flood, the Yangtze continued The past week has been one of its rapid rise last week, reaching mcertainty in the cotton market the peak level of 80 feet above due to the lack of news regarding the developments which may af-normal before commencing to sub-

side.

Large new areas of farm land

NEW ADVERTISEMENTS

PUBLIC AUCTIONS

THE Undersigned have received

¡Auction

on

Thursday, the 26th. Sept. 1935 commencing at 2.30 pai. "at their Sales Room,

-Daddell Street -

A Quantity of VALUABLE HOUSEHOLD

FURNITURE

comprising

Chesterfeld Suites. Bed Room

Room Furniture,

ffect the level of American cotton well as the possible results of the breakdown of the Paris Con-along the Yangtze and Kialing and Dining ference. Customers have beenrivers were inundated, while huzoffice" Furniture. Rugs, Carpets, Pictures, Clocks. Omaments,

owners were

very chary of committing them-dreds of houses were undermined selves other than for their in-and carried away by the raging Table Lamps, Cutlery, Brass and Glass Ware, Porcelain and Alum. mediate requirements, and where torrent, and their

Ware, Typewriters, Sewing Ma parchases have been made, the left destitute.“

The latest freshet resulted from chine. Gramaphones and Records, prices have usually been extreme-|

the melting of snows in the mounIce Chests, Cabinets, Linen, etc 1ly keen

Htains. The Kisling. river enters

been very large.

jetc.

also

One Musical Box

Orders generally have been un- evenly distributed, and while some the Yangtze at this point and both are subject to rapid houses have had a fairly good streams week, the total turnover has not changes in level because of the A Selection of Hack Wood gorges. The Käling rose to mare:

and than 100 feet above normal- "India"` Quiet - There has not been mach Union News. factivity from India. Dyed fancies have been in moderate request for certain of the up-country out- Tets, and soine houses have re- ported an interest in white shirt- ings for Karachi. In other styles

Benguet Consolidated $11.70 s. business has been very slow.

Gold Creek 30 cts. I.

Salzcobs 15 cbs. D.

On London.

On T.T. and demand

2/-%

4 months sight

2/24

Credits 4 months' sight

2/13

On Shanghai

On demand

180

Antamoks 80 cts.

Balatoes $18 1.

Capital

Surplus

.U.S.$5,000,000,00 183,633,06

On demand

8534

Baguio Gold 24 cts, ..

Reserver

· 871,731.05

On Japan-

BRANCHES:-

On demand

171%

Benguet Exploration 18 ets, n

Amsterdam

Man Nice

On India

Benguet Goldfield 10 cts n.

A)

Prehn Borabay

Bermen

The Hague Ferans' Famborg Havi Fisidelberg Interlaken

On T.T. and demand.

133

Big Wedge 8 cts.

PiPSIDE

On New York-

Priping Palermo

On demand

4932

Gold River: 7 cts. -

Credits: 60 days' sight

51%

Ipo Mining 90 cts. 2.

Brune

Cairo

Isador

On Batavia-

Itogons 361⁄2 cts. 1.

On demand

7234

Chint Manager.

*Hong Kong, 22 February, 1935.

Cacne Colenbe

On Paris

Copeckages

Labor

Dublin F25mborgh

Marseille

Monte Carlo

Tunne Fegine

On demand

750

Credits 4 months" sight

795

Flarrace.

Genere

Munich

Tokohama Zurich

On Saigon-

Shai Loans Sh. $5% n.

On demand

7434

Ranhs $7% L

On Manila----

Venz; Goldfield $2.39 1.

9834

Docks, etc.

All classes of Commercial Banking Transactions undertakez.

On demand

924

Sovereigns bank buying rate..2/1 accounts Bar silver per oz.

HK and K Wharves

$74 n- HK. and K. Wharves

(old)

(new)

991/4

Bar silver in Hong Kong

nom.

par

3% p 31% dis par

THE BANK OF EAST ASIA, LTD.

#70,000,000,00|

i

Montrea

Branches of American Express Company in Principal cities of United) Paid-up Capial ----

meron and Cadividui Tho65$ 2,460,000.00 States of America and Canada

Authorised Capital

-$5.$58,000.00

HEAD OFFICE:RONG KONG

20. Des Fonts Rowi Castrat

"BOARD OF DIRECTURE ;— Sir Shoo-son Chee, Cini san.

L4 Boon Chad. Esq P. I. Kink, Zay. Weis Yas Joes. Eat.. Chan Ching ok, Exq, Ti Zan Bang. Fag. Wong Chu Sco. Exq. and Fan Ying

Kan Tone To. Esq., Chied Manager. Li The Forg. Enga Vee

BRANCHES AND AGENCI® --"

Enterin

Pasen by

·Cleutia ・Canton

Haiphong Hacker

Bolu

Eowloon London

Mandla

W!bourne „Nagasaki New York

Par

Pripide

Part

Kargoos

6 Francisco.

Segit

17

Shangomi

Singapore

Souzabe Swalcer

Fydney

Tanimis

Tokyo.

Tokobams Every Ameription of Beaking and Exchange DANE SPRINacted. Loses granted on spyroseč Carmel Leomato ‘opened in Local Currency and Fland Deponite received for one year or shorter periods in Local and: Fordgn Comics en tema which will be quoted on applicatica.

Bale Deposit. Boise To Les

BAN TONG "PO.

Chief Manager.

THE CHINA & SOUTH SEA BANK, LIMITED

(Incorporated in China)

Head Office

Capital

Reserve

Branches

Foreign Exchange

Busimuna trasancted.

...Shanghai

.$7,500,000.00

$1,500,000.00

Personal investment

handled.

On demand

On Bangkok----

The Company offers to intending Copper cash Travellers the use of its Travellers Copper cents Cheques" and Letters of Credit anRate of native interest in addition, the world-wide services of its thoroughly equipped Travel Chinese Sub Coin

Hong Kong sub. coin Department,

EW. DUGGAN.

Manager

THE WING ON BANK

LIMITED.

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

KWANGTUNG'S FINANCES

Confidence Shown In Banks

THOM

Canton, To-day. Since the co-operation between the Provincial Bank of Kwang- - LONDON BANKEES:—

and tung

Canton Municipal Westminster Band, Ltd. Foreign Exchange and every desBank, the financial condition of cription of banking business transset the city has become more stabi-

lised. it was learned yesterday. ed.

Current Acevents and Savings Ac According to a spokesman, of counts opened. Fixed Deposits re- ceived at rates which will be quoted the Municipal Bank, bank notes on application Special rates given of these two banks are now ac- for Special deposits.

hire.

cepted and exchangeable every- Trusteeship and Executorship where in the city without being dertaken. Safe Deposit Boxes for subject to

As & any discount. this co-operation, the result of PHILIP GOCKCHIN Chief Manager

public are showing great confi. HALL. GOCKCHIN - LI SEU FONG dence in these two banks, and

All Important Cities! in China.

and General Banking Asst. Manager Asst. Manager depositors have recently increas

Current and Swing Acconate, opaced and Fixed Deponica coverd for one year or shorter. perlade)

at rakom vrch will be gooted on suplication.

SOU Z. CHANG,

HONG KONG BRANCH:

St. Des Toraz Road, Central.

Maunger's Oftine

Forian Exchures Dept.

Geral. Ofice

Cashier's Ofice

„Tel. 230/5

Show

THE YOKOHAMA SPECIE BANK

LIMITED.

Established 1880

Capital (full paid-up); Yen 100,000,000

Yen. 127450,000) Reserve Fund

Head Office:-YOKOHAMA

Brancher and Agencies at:

Alexandria

Batavis

Berlin

Bombay

Calories

Canton

Dairen (Dalny).

Nagasaki...

- Nagoya

New York

Osaka

Paris

Peiping Bangpen

Feng-tion Mukden) Rio de Janeiro

Hambury

Bankow

Harbin

Hong Koog..

Cozolola

Hsinking

Esracki

Kebe

San Franchco

Seattle

Semarang

Shanghai Singapore Sourabaya

Sydney

Tientsin

London

Los Angeles

Tokyo- Teinetan

Mofi

Interest allowed for Current Ac-

Deposits received for fixed periods

strates to be obtained on applicat

FISHI

Bang, 14th Sept

THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED

(Incorporated in China);

Capital paid up

$5,000,000, Reserves

$7,300,000, Capital Savings Dept. $500,000. Reserva Savings Dept. $600,000. Head-Office-Shanghai

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

7, Ice House St

·Phone 3145"-2-3

Is It Insured?

Insurance AT!" Classes LOWEST RATES American Asiatic

Feds Inc. USA.

General Agents

EL Office

ed: by hundreds

The present financial condition of these two banks, according to the same official is far steadier and better than before. - Union News.

Kallan-Mining Ad. 11/- n.

Langbats (Single) Sh. $14 1. S'hai-Exploration Sh.$41⁄2 n.

$72 IL HK. and W. Docks $9 n. Providents (old) 55.cts. 1. Providents (new) 20 cts.'`n Hong Kew Sh. $240 m.* New Engineering Sh. $4 n Shanghai Docks Sh.$78. n-

Cotton Mills Ewo Cotton Sh. $6.30 n.

(old) Shanghai Cotton

$65. IL Shanghai Cotton (new) $40 Zoong Sings Sh. $811⁄2 n. Wing On Textiles Sh. $25 n Lands, Hotels, etc.

She

Calentta has been quiet and while both Bombay and Karachi | bave put forward some enquiries for mulls and prints, the result- ant orders have only been small. The remaining Far Eastern busi- ness has been limited practically to a few handfuls of fancies for Rangoon

AVIATION DAY IN CANTON

Gala Celebrations Yesterday

ATTENDED BY THOUSANDS

Canton, Saturday.

celebrated

Aviation Day was

+

One *G*E** Electric Refrigerator One "Server" Electric Refrigera- LOT.

One "Electrolux Electric Re frigerator.

On View from Wednesday the 253. September 1935.

Terms: Cash on Delivery.

LAMMERT BROS.

Auctioneers. Hong Kong, September 23, 1935.

معیت

Undersigned have received

Tinstructions to sell by Public

Auction

On

*

commencing at 10 am.

at No. 31, Seymow Road A Quantity of VALUABLE HOUSEHOLD

While several of the Near Eas-with many activities yesterday. A Friday, the 27th September, 1935 tern markets, including Morocco, meeting was held at the Ti Hon have enquired for a variety of Aerodrome, attended by upwards bleached styles. Egyptian enquiry of 30,000 persons. At the con has only been very ineagre. A clusion of the meeting, aeroplanes fairly active demand from West suared up and performed various Africa has resulted in the placing stunts for the gathered crowd. of one or two fair lines of striped All those who wished to ride in and the machines were enabled to do domestics, white shirtings prints.

."

so on payment of ̃a ̃^fee. Small Purchases

The planes sent by the Kwangsi Demand from South Africa has authorities to participate in the not been too brisk, and only small celebration also took part in the purchases of drills and poplins performances Central Press. have

While been mentioned. purchases from South America have generally been small, one or in fancy two good transactions shirtings have been reported.

There have been numerous of- a.fers from Sweden for fishing cloths in the grey state, and al- though quantities have, or the whole, only been moderate, it is expected that several of them will be secured this week. Home trade has consisted chiefly of a scrappy business of a miscellaneous na- tore.

HK and S. Hotel $3.20 b E.K. Lands $223⁄4 by $23 s H.K. Lands 4% Debentures $100

Shanghai Lands Sh. $20 n Metropolitan Lands Sh. $10 m. Humphreys $772 2 HK Realties $4 a. Chinese Estates $88 n. China Realties Sk$4 m. China Debentures Sh.$123 *. Public Utilities H.K. Tramways $10.70 b. Peak Trams (old) $5% n Peak Trams (new) 35 n. Star Ferries $78 n. Yaumati Ferries $17 n. C. Light $7.85 b. H.K. Electric $53 b. Macao Electrics $20 n ̧” Sandakan Light $3 a. Telephones (old) $18 b. Telephones (new) $61⁄2 n. China Buses Shi$111⁄4 n. Singapore Traction 10/6 r.

RAW RUBBER PRICES Singapore Pref. 22/6 D.

Latest Quotations From Singapore

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

Spot 18 unchanged b., 19 October/December 19 Up

519-25 January/March (1936) 20. Up!

1⁄4 b 201⁄2 5. April/June (1936) 20% 20

Market: Is Quiet

FAIR SEX TO BE PROTECTED

No Calummies In

The Papers

Canton, Saturday

Industrials

Malabon Sugar $31⁄2 D. Cald., Macg. (Ord) Sh.19% Cald: Macg. (Pret.), Sh$131. Canton Ices $1.80 n. Cements $2.90 E HE. Hopes $2 s

Stores, etc. Dairy Farms $1454 m. Watson $3 N Lane, Crawford $3 n. Mackintosh, $Ting Sinceres $5-1 Wm. Powells 70 ́cts. m. Wing On (HK.) $55 1.

MiscellanewuN Entertainments $4_n. S. C Enterprises $1.35 m. Macao "Greyhounds", $2 Constructions (old) $110 Constructions (new) 25 Vibro Piling $4 n.

Ch. Govt 5% 1925 G#Bds?

90%

HK Govt 4% Loan 6%

prei

HK Govt 8%% Loan,

- In compliance with a decree of ja Wallace

the Provincial Government, the Provincial Department of Affairs has decreed that hen

forth no

BUBONIC PLAGUE IN FUKIEN

150 LIVES LOST. IN LUNGYEN

DYKE REPAIRS IN SHANGTUNG

Joint Scheme Of Defence

REPAIR MATERIALS TRANSPORTED

Tsinan, Saturday.

FURNITURE

On view from Thursday the

26th September 1935.

Terms: Cash on Delivery

LAMMERT BROS.

“Auctioneers. Hong Kong, 23rd Sept., 1935.

CHINESE MANDOLIN PLAYERS

Wing On Orchestra's First Appearance

ENJOYABLE CONCERT AT GREAT EASTERN HOTEL

dhaizmaz

The grill-room of the Great Eastern Hotel was the scene, at The work on the closing of the 8.30 p.m. on Saturday, of the first dyke breaches along the Hwang-ho concert of the Wing On Orchestra, enbankments at Tungchwang in over 200 people being present. West Shangtung is to be under-The orchestra was organised by taken jointly by the Reconstruction the staff of The Wing On Company Department of the Shangting Pro-and the Wing On Bank with Mr. vincial Government and the Yel-Lambert Gockchin as low River Conservancy Commis and leader. S sion, as was evidenced by the ar- After an opening address Mr. Amoy, To-day. The National Government rival here to-night of Mr. Chang Lambert Gockchin gave "College quarantine service announced Han-ying, Chief Secretary of the Day March" by Stahl and (b) yesterday that the outbreak of latter Commission, from Yoyang."Santanel Overture" by Higgs. bubonic plague in Lungyen, in under the orders of the National The second item was a mandolin solo "Souvenir de Sicile" by Leo- the southern part of Fukien Economic Council

While the concrete engineering nardi, given by Mr. Lambert province, is under control, and that the Government physi-plans for the gap-closing work are Gockchin, Mrs. Nancy L. Gockchin cians are gradually withdraw expected to be discussed between being at the piano. The third Mr. Chang and the Shangtung item (a) Danza: Mexicana” and ing.

The Government is preparing conservancy officials a large quan- "Wing On March" (dedicated to to establish research stations tity of repair materials is report Lambert) composed by the con- were then throughout the affected area, ed to have been transported from ductor S. P. Chinn aiming to discover and eradic-bere to Lanfeng, on the eastern played. Several Chinese selections tate the cause of the outbreak, Honan border, en route to the gap were given. The Wing On Chin- which annually takes a heavy As to the projected light railwayse Ensemble (Chinese Music), Hall of human life in this pro- from Lanfeng to Tungchwang, it and a hula-hula dance, by Miss has been estimated that $700,000|Father Chan, gained great ap-

vince.

More than 150 lives were lost will be needed for its construction planse in the outbreak in the Lungyen Central News Agency, district, 100 miles north-west of Amoy Union News.

POLICIES OF THE SOUTH-WEST

Supported By District Kuomintang

Canton, Saturda

The Kuomintang of the Nam

TWO FOREIGNERS

DETAINED

Embassy Asks For Particulars

Nanking, To-day- The American Embassy here

Hoi District yesterday, dispatched has asked the Ministry of Foreign

a telegram to Nanking, stating Affairs to facilitate the release

The personnel of the orchestra is-as follows: SP. Chinn, Con- doctor, E. Gockchin, Leader. 1st Mandolin- -- 1. Gockchin, S O'young, and T. T. Kwok 2nd Mandolin, T. Lum, Thos. G. Young and M C. Kwok Man- dela: Y. W. Wong and LL. Wong. Mandocello: 3. K Yuen Flute and Guitar: C. C. Huang. Traps and Effects: P0. Tip. Ukulele

Piano: banjo Jack G. Young Mrs Nancy L. Gockchin

that they are one and all in accord of Mr. Jom De Francis and Mr. the British and American Bar with the policies of the South-west. D. Martin, who have been de-bassies respectively. On a tour leaders, as were expounded in the tained at Kanan province.. of North-west China, they were It is learned that the Ministry headed for Lanchow, provincial Affairs telegraphed to capital of Kamn, from Chinchow

authorities through an

Nankings

Com

ロー

barts to

Kansu