1935-10-08 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Insced and Faily Paid-up

Authorised Capital

Reserve Fonds,

Sterling

6,500,000

Silver

0,000,000

Reserve Liability of Pro-

prietors

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

$50,000,000

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

HEAD OFFICE BONG KONG."

BOARD OF DIRECTORS

S. H. Dodwell, Esq.

Chairma

20,000,000

HEAD OFFICE- LONDON V

Paid-up Capital Reserve Fund

4:000,000

£3,000,000

Reserve Lishbility of Pro

prietors

$3,000,000

Agencies and Branches:

Alor Star

Troits

Rangoon

Ipak

Banghot

Karachi

Semarang

Batavia

V. M. Grayburn Enq1.

Bomber

Lobe

Shangbai

Calcuties

Kuala

Canton

Lumpar

Gawapoes

Kuching

Singapore Sitiawan Foursba

Taiping

Manila Moder

Menin

Tongkah

New York

Priping

(Bhuker) Testo

Yakobama

CC Xnight. Eng.

Deputy Chairman.

Chief Managet

Hon Mr. W. H. Bell

Hon Mr. J.J. Paterson cabe 4.H. Comptan Esq. T. E. Pearce Esq. Colebe ̈ M. T. Johnson Esq, G. Miskin Ephoor J. A. Plummer Esq. 4. L. Shields Esq. Hamburg

AMOT BANGKOK

MBATAVIA

BOMBAT CALGUITA

CANTON CHEFOO COLOMPO

PARES

ICROV

HAIPHONG

·HAMBURG HANKOW HARBIS

BONGKEY

TOS

JOBORE

KORE

KOWLOOX

BRANCHES

LONDON

EYONS

SEALACCA

MANILA

MUAR (Jobre) MUKDEN

NEW YORK

PEIPING

ESANG

BANGOON

SAIGON

SAN FRANCISCO

KUALA LUMPUR

SHANGHAI

SINGAPORE

SOGRABAYA

SUNGFI PATANI TIENTNIN

TOEM

TSINGTAO YOKOHAMA

Current Ambuat oproed In Local Currency and Find Depoalte recaled for one year or starter pecinta is Lord Cumracy and Shelag on terme which will be quoted on application Hong Kong, 2nd October, 1935.

HONG KONG SAVINGS LANK

The Busine of the above Back in nosdans et by the -TiONG KONG AND SHAKORAL BANKING CORPORATION. Rules may be obtained on application

FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION

T. M. GRATBUKK,

Chin Manage.

Fong Kong 25th February, 1993.

Harbin Home For

Klang

(Peking) Pomig

Zamboanga

Foreign Exchange and General Banking business Current Accounts, opened and Plzně Deposite received for the year or shorter periods at whình: will be quoted on application.

A. BREARLEY,

Manager.

Hong Kong, 1st January, 1935.

THE

THE CHINA MAIL TUESDAY, OCTOBER 8, 1935

Commerce and Finance

LOCAL DOLLAR DECLINES

Silver Prices Fall

9

The local dollar declined

on demand opening

morning at 2/01.

"Spor" silver declined

994 and forward" fell 29

this

to)

to

The London on New York cross- rate was quoted at S-US$4.89 as compared with £US$159 while the New York on London cross-rate was quoted at US. $4.90%, as compared with £— |U.S.$489.

EXCHANGES

TO-DAY'S QUOTATION

AMERICAN EXPRESS COMPANY, On London—

INC.

Head Offices—65. Broadway,

New York

2/0 On T.T. and demand.

2/0% 4 months' sight Credits 4 months" sight 2/14 On Shanghai-

On demand

131

Capital

Calutin

Седем

Colombo Copenhagen Dubila 725nburgh Floreate GODETE

US$6,000,000,00 2:183,633.06

870731.05

On Singapore—

On: demand

Flehdelburg

Interisken

JOE HY THAT WA

London

Liverpool Lucerne,

Laser Marteen Monte Carlo

Mania

Nanjem

Montreak

Priping

Palermo

Shimachal

Southamylon.

Singapore tossin Taormina,

861%

LOCAL SHARES

TO-DAY'S QUOTATIONS

The following is the list of lock) | share quotations issued to-day:

Banka

{» H.K.“Bank $1,000 d.

HK Bank: (London) £104. n. Chartered Bank 513 n- Mercantile Bank A. and

1 5293/14

Mercantile Bank C. 413 1. Bank of East Asia $60°`n.

Insurances

Canton Ins. $180 2. Union Ins $370 bi China Underwriters $1.10 г. China Fire Ins. $382 m. H.K. Fire Ins. $180 n. International Assee. $4 n.

Shipping

Douglases $36 n

HK Steamboats. $4-1. Indo-Chinas (Pref.), $30 n. Indo-Chinas (Def.), $12 n. Shell (Bearer) 71/10% 1 Union Waterboats $113⁄4 n-

Mining

CHINESE EXPORTS

AND THE WAR

Increase In Silk, Tea And Wood-oil

BUT SURPLUS OF IMPORTS STILL GROWING

Chinese

July and

Nanking. To-day-

exports during last

NEW YORK STOCK

MARKET

NEW

ADVERTISEMENTS

Favourable Trend In A S. WATSON & CO. LIMITED

Trade Generally

MARKET NOT AFFECTED BY WAR AS YET

In their market report. Messra.

NOTICE.

| Or THURSDAY, the 10th October.

All Departments will be CLOSED. The Hong Kong Dispensary, Dispensing Department.

S. E Levy and Company, corres-will be open for dispensing pre-

August have been pondents for Messrs. White Weld scriptions from 10 am to 1 p. stimulated by the Italo-Abyssinian and Company, New York, state:-and from 6 pm to 7.30 pm

Stocks-As long as the Italo- dispute, on account of which there

be: The Kowloon -Dispensary will

Total sales: Carn: 10-

BANK HOLIDAY

has been a marked increase in the Ethiopian war continues to export of silk. tea and wood-oil localised, we think that the mar-be open for business from 10 am

ket will remain immune from warto 1 pm. according to information from the

shocks. Business done: 950,000 R.Ministry of Finance.

shares. Should the scope of the Italo-i

Grains: The statistical posi-|- Ethiopian war be expanded and

tion of wheat favours holders.

TN Accordance with Government however other powers involved.

Actorsave wat An irregular. but higher market!

EXCHANGE the situation would undoubtedly

In cars, we favour BANKS will be. CLOSED for the be changed, and China would be is expected.

Transaction of Public business on compelled to look elsewhere for purchases on dips.

$6,926.000 bushels.

THURSDAY. 10th October, 1935 her market.

731,000 bushels.

(The Anniversary of the Chinese In an analysis of China's import

Cotton: The crop has been

Republic). and export trade during the first damaged by killing frosts in a few

of this year. it is eight months

points along the Mississippi: shown that the export trade was alley and North Georgia Trade stagnant in

the first half-year.

on a heavy scale. [buying, was (while the volume of importiTM was

larger compared with that of the Members of the New York Cotton THE Undersigned have received Exchange estimate the forthcom instructions to sell by Public corresponding period in 1934.—

ting crop report: at 11370.000 Central New Agency.

bales. We would favour pur

Од chases.

Monday, the 14th October, 1935 commencing at 230 pm2

Surplus

Reserves

Amsterdam Astwerp

BRANCHES:-

GUDICIA

langor

On Japan-

Antamoks `74 cts.

Mam. Kier

On demand

1723

Balatoes $14 1.

Berlia Boenbey

Brunnels Cairo

The Hague HAT -Hamburg Патт

Kaples

On India-

Baguio Gold 24 cts, n.

Piraeue

Paris

On T.T. and demand

13323

Benguet Consolidated $11's

On New York-

Benguet Exploration 13 cts. H.

Rotterdam

On demand

49%

Benguet Goldfeld.

•

Credits 60 days" sight

51%

Big Wedge 8 cts. I

On Batavia

Gold Creek 30 cts. A...

On demand

73

Gold River 5% cts. sa.

On Paris-

Ipo Mining 90 cts. 12.

Venice Jokohama Zarina

On demand

750

Itogons 36 cts. D

Credits 4 months' sight

793

Salacote 15 cts. D.

J

On Saigon

Kailan Mining Ad. 10/6.n.

On demand

74%

Langkats (Single) Sh-$13 m

On Manila-

$10,000,000,De

All classes of Commercial Banking Transactions undertaken

On demand

.99

On Bangkok-

Shai Exploration Sh.34% = S'hai Loans Sh. $54 n. Raubs $6. Bir-

On demand

9134

Personal

investment

handled

accounts Sovereigne bank buying rate 2/111⁄2

Bar silver per uz

293/

<

m

Docks, etc. HK and K Wharves

$72 n

(old)

дого

(new)

par.

3% p.z. 30% dis.

par

Branches of American Expressi

States of America and "Canada"">

THE BANK OF EAST ASIA, LTD. Company in Principal cities of United

Anthorised Capital

Paid-up Capiim Pro 2,480,000.00 Esserve and Cadivided

HEAD OFFICE HONG KONG

20. Des Faux Bord. Contral

BOARD OF DIRECTORS:- Shou-son Chaw, Chainen.

Li Emon Chan, E. & Rack - Woo Yo To Eq. Chan Ching Shok. Eng

Id Ima

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

Fang. Eng. Wong Chu Som Faç. and Tan Ting Cheques” and Letters of Credit 20 Copper cents.

Fo. Est

Amoy

Ian Toor Fo. Ing. Chin? WaIRENE.

Ise Fong. Eng. Manager.

BRANCHES AND AGENCIES:—

Monika

Scuttle

Batavia

· Melbourne

Bemarang

Bambay Calcutta... Caso Haiphong Hankow Honolul

Shanghai

New York

Singapore

Parn

Soumbaya SABDOME

„Penang "

Talace Loodoo

Perping

Rockstars

Saigon But Franciaen

وع

Zaiboku. Turtain Tokyo

Vancouver Tokobara

Every description of Beaking and Exchange bizione tracyacred Loans granted on approved

curities."

Current Account opened in Local Currency and Fixed Depona, recaired for co You E aborter periods in Lost and Foreign Currencies erran which will be quoted on applicatica Safe Deposit Boxes To

KAN TONG PO.

Chind MoonenT-

THE CHINA & SOUTH SEA BANK, LIMITED

(Incorporated in China)

Head Office Capitel

Reserve

Branches

Foreign Exchange Busine transacted.

Shanghai $7,500,000.00

$1,500,000.00

All Important Cities) in China

and Gezend

Booking

Current and Saving Acopiata opcoed, and Fized) Depoise wived for one year of shorter perioda ・mi, rules which will, de quoted on application.

SOU Z. CHANG.

HONG KONG BRANCH:

24. Das Torax Boad, Central

Manager's Office

Foreign Exchange Dept.

General Offor

Cashier's Office

....Tel. 25/25

38567

THE YOKOHAMA SPECIE BANK

BLIMITED.

Established 1880

Capital (full paid-up) Yen 100,000,000 «Reserve Fund" "....... Yen. 127,450,000

Head Office: YOKOHAMA

Brancher and Agencies at:

Nagasaki Nagoya New York

-Batavia

Berlin

Bombay

Calcutta

Canton

Osaka

Paris

Peiping

Dairen" (Dalny) “Bangoon Venetien (Mukden) Rio de Janeiro

Hinking

Karadi

în addition, the world-wide" services of its thoroughly equipped Travel Rate of native interest Department

Chinese Sub Coin Hong Kong sub, coin

E. W. DUGGAN.

Manager.

THE WING ON BANK NEW YORK STOCK

LIMITED

Head Office: Hong Kong

26. Des Voeux Road Central..

Authorised Capital $10,000,000

LONDON BANKERS:-

Westminster Band, Ltd.

EXCHANGE

Latest Quotations

October 3.

The following quotations were re- Foreign Exchange and every desceived by Beuter:- cription of banking business transact

ed...

8. Last

close .10.20 11.00

4.894 4.89%

Current Accounts and Savings AcNY/London 4.89% counts opened. Fixed Deposits re- Cotton ceived at rates which will be quoted

Oct May on application. Special rates given for Special deposits.

N.Y. Rubber

Dec.

Trusteeship and Executorship.........un- dertaken. Safe Deposit Boxes for Chic Wheat hire.

11.00 11.00 11:01" 11.09 11:05 12.11

Venz; Goldfield $2.90 n.

HK and K. Wharves

$70 H.K. and W. Docks $9 n. Providents (old) 55 ets b. Providents (new) 20 cts. D. Hong Kew Sh. $240 n. New Engineering Sh$4 n.. Shanghai Docks.

Cotton Milk,

Ewo Cotton Sh$53⁄4 n

Shanghai Cotton (old)

$65 11.

EMPLOYMENT IN BRITAIN

Large Increase In Past Month

London, To-day.

The increase in the numbers of people in employment continued during September.

Rubbert-Restriction is beccm- ing more effective. A good-sized advance is likely when this fact is more generally realised. Total Isales: 70 lots

PUBLIC AUCTION

Auction

at their Sales Room, Duddell Street

A Quantity of

VALUABLE HOUSEHOLD

A FURNITURE

Fash: Steel mill activity dar- ing the past week is estimated at comprising: 49.7 per cent of capacity, against

50.8 per cent the previous week

Dining Room and Bed Boom Furniture, Chesterfield Saites,

The magazine Standard Statie-Office Furniture, Carpets, - Rugs. Pictures,

tics report:

Ornaments,

Cloaks,

- Continued conservatism is ad-Glass and: Cloisonne Ware, Por- vised. pending an assurance that celain and Brass Ware, Type-

The Ministry of Labour estim-war unsettlement is completed writers. Sewing Machines, Grama. ates that at September 25 there Trade trend is generally favour phones and Records, Ice Chests.

A gain is indicated for Linen, etc, etc- were approximately 10,435,000 in-jable.

October. Buying is likely to sured persons between the

ages

معلم

A Selection of Black Wood of 16 and 64 in employment in become more selective, with closer

This was 11,000 scrutiny to eatings of individual Furniture Great Britain.

and more than at August 26 and 192-companies. 1000 more than the year before.

Supreme Court action in test!

One "Servel" Electric Refrigera-

One Kelvinator

At the same date the numbers cases is likely to be a temporary tor of unemployed persons on the re-infiuence. gisters in Britain totalled 1,958,- 610, comprising 1,576,425 wholly unemployed, 298,845 temporarily laid off, and 83,340 normally casual employment.

The total was 10,646 more than at August 26, but 123,377 less than the year before. British Wireless Service.

Latest Quotations

The following quotations were received by Reuters

Prev. To-day's

close

NX/London

Cross-zie...

489 NY. Cotton Oct.

--- 11.00 NY. Rabber Dec... 12.45 Chicago Wheat Dec. 108% Chicago Corn Dec. 64%

4.9074

11.05 12.92

1078

64%

SB KEROSENE PRICES Montreal Silver Dec. 67.00 66.75

Shanghai Cotton (new) $40 n. Zoong Sings Sh. $81⁄2

Wing On Textiles Sh. $25 1.

Lands, Hotels, etc.

HK and S. Hotel $3.10 b.. H.K Lands $24.40 a. H.K. Lands 4% Debentures $100

Shanghai Lands Sh-$13.90 n. Metropolitan Lands Sh. $10 m. Humphreys $73% 1.

Chinese Estates $86 n

Peak Trams (old) $51⁄2 n.

12.25

12.22

12.20

Deci

PHILIP GOCKCHIN

May

Chief Manager

Chic Corn

L. GOCKCHIN Asst. Manager

LI SHU FONG Asst Manager

Dec.

May

108 105%..

64% 62

1072

HK Realties $4 1.

104%

644

61%

STOCKS:—

China Realties. Sh.44 1. » Chna Debentures Sh-$35 n. - Public Utilities

| Amer Smelting 51-

514

Anaconda

Copper

2234

51

227% 22

HK Tramways $10.60 h.

$2

Con Gas of

NY.

Elec Bond li

Sbart General Motors 45 Int Tel & Tel 9 Loew's Inc.

Montgomery

Ward

274

12%

27

27%

324 12 461⁄4

46%

9%

914

42% 4274

31

31 314

N.Y. Central: Standard 01 POLNJ

US Steel

20%

2134 21:

434

·43%

437% 44% 44%

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)

Capital paid up ---- $5,000,000,

Reserves

$7,300,000. Capital Savings Dept: $500,000. Reserve Savings Dept $600,000. Head Office Shanghai

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

Ice House St. Phone 3145%-2-3

Is It insured?

Insurance (11) Cláumen WE LOWEST RATESO American Asiatic Underwrite

Fed Ine, USA. General Agents.

Hambúrg

San Francisco:

Hankow

Sextile

Harbin

Semarang

Bong Kong

Shanghai

Homolom

Singapore

Head Offer 17. Bund

Shanghai

Sourabaya

Sydney.

Kobe ***

London

Los AngelesTM

„Tainotag“

Yingkow

Mofi

**Interest allowed, for Current: Ac

received for fixed per

-at rates to be obtained on appßšestio

C. KISHIN,

Hong Kong, 12th September, 1935

HE. Ofice

Building:

QUALITY PRINTING

Peak Trams (new) $5 n.

Star Ferries $78-1.

C. Light $7.95. s.

Announcement By A.P.C.

Four Film Projectors

On View from Saturday the 12th. October 1935.

Terms: Cash on Delivery

LAMMERT BROS,

Auctioneers.

Hong Kong. October 8, 1935-

Silver Official:.... 65%

65%

gone..

Dow Jones Average: 130 Industrials 130.35 130,77-1.42 up +20 Rails

*32.734 33.28 55 ap 20 Utilities ·24.70 21.86 16 up 95.84 8588 .04 op The Asiatic Petroleum Company 40 Bonds advises that from to-day their re- 11 Commodity

Index tail prices for kerosene, per unit

of approximately 8 1/3 Imperial gallons, will be as follows:-

and

Silver light $3.28 (cases) $3.00 (new tins); Crown $2.85

3787 57.74 13 off Business Dote:--950,000 shares.

(new tins), Crown (in returnable COMMODITY PRICES drums) $2.45 (bulk); Lampglass The following quotations have

and Rising Sun $2.80 (new tins);

Prev. Yesterday

Closing Closing

Lampglass (in returnable drums), been received by Benter.

$2.59 (new |$2.40° (bulk); Cross 10.70 tins) Cross (in returnable drums) New York Cotton:——

$2.19 (bulk).

Yaumati Ferries $17 n.

H.K. Electric $523⁄41⁄4 b., $53.15 sa.

Macao Electrics: $20 1,

Sandakan Light $3 a.

Telephones (old), $17.10 b.

Telephones (new) $6% & China Buses Sh.$11% n. · Singapore Traction 10/6 z.

The

RAW RUBBER PRICES Singapore Pref. 25/- 2

Latest Quotations From Singapore

Messrs. H. R. Joseph and Co. have received the following Straits Currency Quotations from Singa- pore for raw rabber.

Spot 19 % Unchanged b. 19

November/December 19

Down / b., 20 s. January/March (1936) 20%

Downb, 205 April/June (1936) 20% Down

1/2 04 21 1⁄2 s Market: Quiet. :

REGISTRATION OF ALL BROKERS IN CHINA

nking, “ To-day. The Mi

dustry is shortly-ordering „broker-and and commodity exchanges in

Renter

· Industrials Malabon Sugar-381⁄21⁄2 n- Cald. Macy. (Ord) Sh.$19 Cald: Marg, (Pre£)," Sh$18 n. Canton Ices $1.60 n. Cements. $3.1234 n H.K. Ropes $160 b. Stores, etc.

-Dairy Farms $14:60 n.

•Watsons $290 1 Lane, Crawford. $3 n. Mackintosh in.) “Sinceres “$2.80" sa.

Wm. Powella-70, chain. Wing On (EARA+55)

Entertainme

SC Enterprises $1,35_n. Macao “Greyhocindami 2) n. Constractions. (old), $1.10 : M.,. Constructions (new) 25 cis. n Vibro Piling $4, 2, (n Ch. Govt 5% 1925 G$Bds.

91% n

HAKA GOTL::

HK. Govt. 312 Loan 3/20 Wallace Harpers $4

October

LAND LEASING IN December

CHINA

January March May

New Regulations For July

Foreigners

Shanghai.

Within specified areas in Tun-January nantu, Nanning and Tungshing, March foreigners may lease lands for May the construction of houses as "re-July sidences or to carry on business, Chicago Wheat:-

Chinese December but they must observÉ

: Everything

BUT YOUR

SAVINGS

RENT

FOOD

CLOTHING

HEAT

SAVINGS

START NOW UNDERWRITERS

SAVINGS BANK

TAXES

1105 11.00 1096 11.06

WATER

11.00

11:11.

CHITS

11.04

1157

11.09

11.20

11.11

11.23

Spot New York Rubber- December

11.35 1140

12.25 12:22 12.34

SAVE SOMETHING

12.29n

12.49

72.44

12.62

12.57b.

12.73

12.700

108

(1070)

laws and mandates, according to May a series of provisional regulations July drafted by the Ministries of Com Chicago Com:~ munications and Foreign Affairs December and passed by the Executive May.

105%

96

10484

FOR THE FAR EAST,

94%

INC.

64%

643

Asia. Life Building

613%

Eort Tour

Ynan.

July

62%

The name regulations provide Winnipeg. Wheat:- that the maximum period of lease October within such areas; is 30 years, Decembery upon the expiry of which the cop-May... tract of lease may be renewed for New York Sugar: another 30 years, after which the December lands concerned will be uncondi-January tionally returned to the ownets, March” while the buildings, etc. thereon May. will be purchased by the Chinese July authorities, says a Chinese press New York Silk: report.

96.

94%

96%

100%

*258

2.53

2.21

216

2.19

--2.15.

2.23

.2.19

2.27

2.23

Decem

186

1842

March

186

1.842

SAW HUSBAND DROWN

May

186

$184

Edwin Albert Paines,

67.000

Tel 30234

98% SANITARY BOARD

Agenda For To-day's Meeting

to-day's

meeting

the Sanitary Board applications for an eating house licence No. 21, Lee Yuen Street Best; ground floor, and for the registre

66.45 No. 38. Sing Wo Road 67.201 66.60m floor, as a dairy will be consid -67.65t

67.00 led, as will also the

67.25b 13y returna.

68:30€