1935-10-09 — Page 6

BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION

Authorised Capital

Issued and Fully Paid-up

Reserve Funds.....

Sterling € 6,500,000 Silver

0.000.000 Reserve Liability of Pro-

prietors

ነ

$50,000,000

THE CHARTERED BANK OF

- INDIA, AUSTRALIA & CHINA.

20.000,000 Incorporated by Royal Charter, 1853

HEAD OFFICE: LONDON

20,000,000

Paid-up Capital ... Reserve Fund

8.000,003 £3,000,000

Reserve Liability of Pro-

HEAD OFFICE BONG TONG,

prietors

£3,000,000

BOARD OF DIRECTORS,

SH. Dodall, Esq.

CC Anight, Esq.

Deputy Charm

T. M. Graybura. Eng

- Chief MaAGET

Hoa. Mr. W. H. Bell

Daily

Nangyos

Saicos

Agencies and Branches:

Ipob Karachi

Kiang Tade

Semua

Seremban

Shanghai

Simpor

Sitiawan Snarabaya.

Aber Simp

Amriswar

Bangkok

Batavia

Cautio Canton

Lumper

Grapors

Kuching

Mabia

Kedar

Taiping Denis Tonekak

Haiphong

New York

Pin

(long) Prens

Hon Mr. J.J. Paterson A. H. Compton Esq, T. E. Pearce Esq-Cola.bo M. T. Johnson Esq. G. Miskin Esq De

J. A: Plummer Esq. A. L. Shields ES Hamburg

ΑΜΟΥ

ΣΑΝΟΣΟΣ BATAVIA BOWRAT CALCUTTA C/ STOX CHEYOO COLOMBO MAIRES

POCHOW

HAIPHONG ЛАМЯГКО HAYKOW

HARBIN

HONG KEW

·TLOFLO

JOHORE

FORE

BOWL WIN

**BRANCHEN

LONDON LTCNS

MALACCA

MANTEA

MUAR Cohen)

MURDEN

NEW YORK

PEIPING

PENANG

BANGOON

SAIGON

SAN FRANCISCO

XUALA LUMPUR

SHANGHAI

SINGAPOR

SOTRABAYA

SUNGEI PATASI

ITENTSIN

TOKYO

TRINITAO

TOKOHAMA

Cement meeste opened in Local Currenc and Find Impraise mined for one your or shorter prende in Loral Currency and Racing

•Limb will. The mined on application. Hong Kong, 2nd October, 1935.

HONG KONG SAVINGS BANK

The Bumiturns of the shore Bank is condoct ed by the HONG KONG AND SEANGHAI HANSING CORPORATION. Xaime may b ober and an appication.

FOR THE HONG KONG AND 'SHANGHAI BANKING CORPORATION.

7. M. GRAFBURK,

Bankow Barbin Heng Ker

tromacted,

(Bhuber) Iingto Tokohama. Zansboanga

Foreign, Exsbanes sod Gsceral Banking buizen Current Accourse oprost sad and Deponite

prived for voe meer or shorter sarīoda si zales which will be quoted or application.

A. BREARLEY,

Manager.

Hong Kong, 1st January, 1935.

THE

AMERICAN EXPRESS COMPANY,

INC

Head Ofice:-—65, Broadway, New York

Capital

Surplus

Reserves

BRANCHES:--

Priping Palerina

Liverpool

Lucize LURRED Lumer

Fbarthed

Southampton

Singapor Teatria

THÊ CHINA CIMALS

Commerce and Finance

LOCAL DOLLAR

DECLINES

Silver Prices Fall

The local dollar has declined

demand opening

On

morning at 2/0.

"Spot" silver

declined

LOCAL SHARES

TO-DAY'S QUOTATIONS

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

..

this

to

Banks H.K. Bank $1,020 D. H.E. Bank (London) 104 Chartered Bank £13 n. * Mercantile Bank A. and

B.

29% and "forward" fell 3/16 to 129 7/16.

The London on New York cross... rate was quoted at £US$4.897%. | as compared with £U.S.$1.89. while the New York on London cross-rate was quoted at ←→ US$1903, as compared with U.S.$4.90%

EXCHANGES

TO-DAY'S QUOTATION

On Singapore......

On. demand

On Saigon

Branches of American Express On Manila-

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

Aurborend Capital

Padiup Capitat..... ---------$308,600.00 Emers and Undivided Profis $2,480,000.00

HEAD OFFICE:-BONG KONG ·

10. De Vaux Bond Central

BOARD OF DIRECTORS:-

Sir Shou-son Chew, Canines.

Li Bose Chun, E. P. K. Kwok, Esq.

IWD ZOOR. Eng Chan Ching Shek, Eng. Li Lan

Fang. Eng., Wong Che, rion Eq. and Bat Tag

Po, Esq.

Chis! Manager.

•See The Do. Ing.

Li Im Fooz. Eng.

Amoy Batavia Bombay

Ceirutta

Custo

BRANCHES AND AGENCIES

2 Manila

N-ihoutin

Xat

Sebearing

*Skangtai

New York

Singapore

Osaka

Sourabaya

Fana

Siw slow

toydany

States of America and Canada,

The Company offers to intending Copper cash Travellers the use of its "Travellers Copper cents 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,

*****603

Meccantile Bank C. 13 n. Bank of East Asia $60 m.

Insurances Canton Ins: $180 m. Union Ins. $370 b. China Underwriters $110`n. China 'Fire Ins. $382

HK Fire Ins. $180 n. International Assee. $4 11.

Shipping

Douglases: $36. D.

Mining

Salaccts 15 ta

$70 m HK. and W. Docks $9 n... Providents (old) 55 cts. 11. Providents (new) 20 cta. B

Manage BRITISH EXCHEQUER Hong Kew Sh. $2371⁄2 1 ex. dir.

RETURNS

New Engineering Sh$4 n Shanghai Docks.

BERLIN SHARE MARKET

Upward Movement

Reversed

-CHINA MAIL:” SPECIAL

Berlin, To-day-

NEW YORK STOCK- -MARKET

Markets Appear To Be Stalemated

MAY SAG SOMEWHAT OVER NEAR TERM.

NEW ADVERTISEMENTS

NOTICE

Official opening at the New Head Office of the Hong Kong & Shanghai Banking Corporation, un

Q

18th October, 1935.

-Operators have expressed their disappointment that the upward movement of the share market, In their market report, Messra UEEN'S BOAD CENTRAL which has continued for some S. E. Levy and Company, corres- between Ice House Street days, was reversed yesterday, pondents for Messrs. White Weld and Jackson Road will be closed chiefly owing to the new uncer and Company, New York, state to traffic between 10.30 am and Cainties of the international poli- "Stocks: The markets appear 11.15 am. Guests arriving by mo- tical situation, introduced through to be stale-mated at the current to cars will alight from the intention to apply sanctions levels and they may sag somewhat vehicles at the barrier, atross to Italy, the extent of which can over the near term. We believe, Queen's Road Central and pro- however, that motor, motor acces-ceed on foot to the building... Ice not be foreseen.

Most of the shares were weak-sories, farm implement. aero-House Street between

their

Queen's Toeax

Central and Des er. Fixed interest securities show-plane, copper and machine secu-Road ed more resistance, prices fre-rities should prove attractive pur[Road Central will be opened to chase on any decline from the traffic between 10.30 *.**. and quently advancing, -

7

Call money was at 3 per cent.-present levels. Business done: 11.15 Trans-Ocean Service.

*

|1,180,000 shares.

be “Wheat:—We think that more

NEW YORK STOCKquidation is likely temporarily,

EXCHANGE

Latest Quotations

October 9. The following quotations were re- ceived by Reuter:--

Last

but ultimately higher prices are expected. We are of the opinion. that accumulation is warranted For further setbacks: Total sales: | Wheat:-36.788.000 bushels. Corn:

-10.382.000 bushels

"Cotton: The Government es- timate disappoints long operators.į Hedge selling has increased, butį 11.00 expect Trade demand will absorb NY/London 4.90% 4894 4895 offerings.

close 10.30

46%%

6

12.45

50%

12

464

પશ્ન

*

D. BURLINGĦAM. Inspector General of Police. 8th October, 1935, Hong Kong.

H.K. SWIMMERS

SHATTER TWO

AQUATIC MARKS

(Continued from Page 4)

**Copper:-World statistics are expected to show very favourable

Miss Yeung Sanking, China's consumptive Sgures. Interest is leading woman swimmer, scored satisfactory and we favour puran easy victory in the 50 metre chases on recessions.

free-style, setting a new National The following telegrams were record of 367 seconds. She won received last night:

by ten metres, from her sister, Cotton:---The "Government

and Miss es Miss Yeung San-chim timate is slightly above expecta-Chang Fong-hing, all of Hong tions. No material decline is ex Kong No Shanghai swimmers pected.

anthorities

Rubber: Dutch

authorised the purchase of have 20.000 tons in unused rubber con pons. We favour purchases.

|coropeted.

J:

Hong Kong Result-Reversed. The 50 yards free-style in the Hong Kong interport had a very close Snish. after which the judges conferred to give Chan W. Chan-hing the verdict over Ward and Tommy Britton. Last The following quotations were night the slightly longer 50 metre received by Rexter:-

Latest Quotations

N.Y./London Cross-Rate

event saw a victory by Britton. Prev. To-day's with Chan second by a touch and

NY. Cotton Oct.... 12.05

COMMODITY PRICES NY. Rubber Dec. 17-21

معملك

624

1 off 20 Rails.....

33.28, 32.80 48 of 20 Utilities. 24.86 25.03 27 op 10.96

40 Bonds.... ·95.88 95.89 01 up. 11 Commodity 10.93

On London-

On T.T. and demand

2/-

4 months' sight

201

Credits 4 months" sight ..2/1

On Shanghai-————

On demand

131

U.S.$5,000,000:00 2,159,633.06 $0.731.05

853%

HK. Steamboats $4 m. Indo-Chinas (Pref.). $30 n Indo-Chinas (Def.), $12, n. Shell (Bearer) 72/6 1. Union Waterboats $1134 n.

NY. Cotton

Oct May

11.05 -11.20

On Japan—

NY. Rubber

On demand

170

Antamoks 74 cts.

Dec.

12.22

1112

11.19 11.28 11.35

1251

„Amsterdamz 'Antwerp

Athena Amust

Gezon

On India-

Chis Wheat

Balaboes $14 n.

Kare

The Hagar

Naples

On T.T. and demand

132

Dec.

107

1062

Baguio Gold 24 cts,

May

104

10334

HATAJA

On New York-

Harb

Benguet Consolidated $11 n

iChic Com

Fatty

On demand

49

Fombay

Perthro

Heidelberg Interiana

Kesala

Тестове

Rotterdam Rome

Credits 60 days, sight

51%

Benguet Exploration 13 cts: zi.

Dec.

64%

63%

Big Wedge 8 cts.

May

613

GO

On Batavia-

STOCKS:

Cairo Calcutta Cantee

Loader

Gold Creek 30 cts.. a.

On demand

723%

Amer Smelting 51

315

Gold River 54 cts.

On Paris..

Anaconda

Chief Yaonger-

Hong Kong, 2th February. 1913.

Copenhage Dubin Edinbereb Foresce Сидень

Tori

On demand

74234

Ipo Mining 90 cts. 2.

Copper

-9314

925 2014

Monte Carlo

Viezen Tetire

Itogons 36 ctx. n.

Con Gas of

Credits 4 months sight

787

XX

Tamiln

Sta

Yokohama Zumra

Elec Bond &

Montreux

Kailan Mining Ad. 10/6 n.

On demand

74

Share

12

12

Langkats (Single) Sh-$13 n.

General Motors.46

On demand

78

S'hai Exploration Sh$44.

Int. Tel & Tel 911

On Bangkok

$18.000,006,DJ

All classes of Commercial Banking Transactions undertaken...

Personal handled.

On demand

9234

.

Sovereigns bank buying rate.2/.5% investment accounts! Bar silver per oz

Bar silver in Hong Kong

Shai Loms Sh. $5. Raubs $6.60 éx. div. s Venz; Goldfield $2.30 n.

Loew's Inc

4234

Montgomery

Ward

30%

NY. Central 21%.

915%

21%

295 14.0

Standard Of

Docks, etc HK and K Wharves (old) . $72 1.

of NJ U.S. Stee!

close

44

450

490

10.se

par. 3% pa.. 30% dis

par.

HK and I. Wharves (new)

1241

Caizago Wheat Dec. 107% Chicago Corn Dec. 64%

105%

The following quotations have Montreal Silver Dec. 66.75

Silver Oficial 1: 65% been received by Beuter.

Dow Jones Averages Prev. Yesterday 30 Industrials 130.77 130.06 Closing Closing

56.39 65%%

New York Cotton:- October ¡December

11.05 11.06

(old) Sh. January

11.11 10.95

March

11.17 11.03

n.

May

11.20 11.06

July

Spot

11.23. 11.06 11.40

· 1130

New York Rubber:--

December

January

July

12.22: 12.41

12.491 *12.2971

1244 12.64 12700 12.896

Chicago Wheat:--

Metropolitan Lands Sh. $10 Humphreys $172 1

m

December

May

1075% 1053% 104% 103

July

94%

921

Chicago Cora:

December

647%

62%

May

61%

604

July

622

60%-2

Winnipeg Wheat:---

October December

94%

92

9434 927%

May

98%

96

New York Sugar:-

December

$2.55

2.52

January

2.17

216

2:17.

1.14

2.20

July

2.24

2:17 2.21

New York SII

December

..

March

May....

1.844186 1845-186 1:85 1-86

Montreal Silver

December

66.75.

66.59

January

- March

May

Haiptorg Haokow Bonolulu Zoba Климета London

Fr.pire

Prot

Fangwith

Saiget

Bao Franciaco

Taiboku

Katopais

Targe

Vancouver Yakobama

Every description of Baking and Exchang

· bravúra · · SZAIacted Lo“ granted on approved Burizin

Current AccounTM opened in Local Currency and Fixed Deposits received for car year de shorter periode in Loral and Foreign Currencies 00 terms which will be quoend om applicatica.

Safe Deposit Bon To Let

KAN TONG PO,

Chief Manger,

THE CHINA & SOUTH SEA BANK, LIMITED

(Incorporated in China) Head Office...Shanghai Capital ...

$7,500,000.00

Reserve ...$1,500,000.00 Branches All Important Cities

in Chira

Foreign Exchange and Grimstal Business transacted..

Banking

Current and Saving Accounts opened and Fized i Deposita porived for one year of aborter perioda. "znies which will be quoted on application,

SOU Z CHANG.

HONG KONG BRANCH:

Manager.

24. Das Voruz Road, Central.

· Kanager's " Office

Forge Exchange Dept,

General Offer win

Chaziar's. Office

„Tal. 345.

THE YOKOHAMA SPECIE BANK

LIMITED.

Established 1880 -

Capital (full paid-up) Yen. 100,000,000 Reserve Fund

THE WING ON BANK LIMITED

Head Office: Hong Kong

25. Des Voeur Road Central. Authorised Capital $10,000,000 LONDON BANKERS:- Westminster Band, Ltd. Foreign Exchange and every des cription of banking business transact- ed

Increase In Revenue And Expenditure

London, To-day-

The Exchequer returns show that the total ordinary revenne, Items, excluding self-balancing amounts to £301,379,899, ás com- Current Accounts and Savings Ac-pared with £286,125,095 at the

ceived at rates which will be quoted The total ordinary expenditure. on application Special rates given exclusive of self-balancing items, for Special deposits.

Trusteeship and Executorship un-is £372,443,234, as against £356,- dertaken. Safe Deposit Boxes for 262,822 at the corresponding date hire.

of last year-British Wireless PHILIP GOCKCHIN

Service. Chief Manager

1. GOCKCHEN Asst. Manager

LI SHU FONG]

Asst Manager RAW RUBBER PRICES

THE MERCANTILE BANK OF

· INDIA, LTD.

HEAD OFFICE

15. Gracechura Stemet, London, F.CR

£3,000,000 Subscribed Capital 1,800,000 Paid-up Capital..... 1.050.000 Reserve Fund & Rest.... 1,247,830

BAXKFES The Bask of England & Midland Bank. 15. BRANCHES: Inol Kandy Karaci

Authorised Cepital

Fpen ha

Calcutta

Colombo

Kota Bharu

Delhi

Konia Lipis

Galle

*Tone Kome

Howrsk

וקית1 !בל*

New York Bonanz

Port Louis

(£auritius) Bangbon Shaoghai

Kuantan (Pakang), Simla Madras

Singapor

BONG KONG "BRANCH

Every decription of Esstising and Exchange

Yen. 127,450,000

{business transacted.

Head Office:-YOKOHAMA

Branches and Agencies at:

Alexandria

Batavia

Berlin

Bombay

Calcutta

Canton

Nagasaki

Nagoya New York

Osaka

Paris:

Peiping

"Dairen: (Dalny) Razgoon

Feng-tien Mukden) Rio de Jeneiro.

Hamburg Hankow

San Francisco:

Seattle

Harbin

Semarang

Fong Kong

Shanghai

Senolalu

Singapore

Sourabaya

Sydney,

asinking

·Kobe

London

Los Angeles

Mazila

Moji

Tientsin Tokyo

Interest, alowed for Current Ac- conuts.

Deposits received for fixed period at rates to be obtained on

*A KISHIN

Hong Kong 12th

1993

Tellers Cheques insued.

Trustee and Executorships under-

taken.

Latest Quotations From

Singapore

Messrs. H. B. Joseph and Co. have received the following Straits Currency Quotations from Singa pore for raw rubber.

Spot 19 Up 4 b., 20% 8. November-December 20% Up 1⁄2

b., 20% s. January-March 20% Up 1⁄2 bu

20% s.

April-June 21% Up b. 21%

S

Market:-Steadier.

REICHSMARK QUOTATIONS

Berlin, To-day.

Reichsmark

INTEREST allowed on Comment Amounts and quotations, without guarantee,

Fixed Deponite, at· Bates that may be ascertained cn application.

*E. KENNEDY,

Manager. 4. Quem's Road Central.

Hong Kong, 24th July, 1935.

THE

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)

Capital paid up

Reserves

$6,000,000, $7,300,000,

Capital Savings Dept: $500,000. © Reserve Savings: Dept. $600,000. BedHead-Office – Shanghalený A Benk having as its mission. the industrial development o China and the fostering of her "commercial"relations: sirundiner.

are as follows: New York 40.25: Paris 610.25: Amsterdam 59.52: London 12185 The Paris sterling quotation was 74.4 and the dollar 15.175.-Trans-Ocean Service. -

Is It Insured?

Insurance All Classes

ATES.

Cotton Miller Ewo Cotton Sh. $5.60 b. Shanghai Cotton

*$65 1.

Shanghai Cotton (new) $40 Zoong Sings Sh. $871⁄2 n. Wing On Textiles Sh. $25 n

Lands, Hotels, etc.

H.K. and S. Hotel $8.10 b. HK Lands $24,40 m

HK Lands 4% Debentures $100 March

Shanghai Lands Sh $13.90 n

HK Realties $4 1. Chinese Estates $86 m. China Realties Sh$4 m

- Chna Debentures Sh-$35 n

Public Utilities

HK Tramways $10.70 b. Peak Trans (old) $51⁄2 n Peak Trams: (new) $5 iz Star Ferries $78 n. Yanmati Ferries $17 n. C. Light $7.80 b., $7.85 % HK. Electrics $524 b. Macao Electrics $20 n Sandakan Light $$ a. Telephones (old) $17.10 b. Telephones (new) $61⁄44 s. China Buses Sh.$11 Singapore Traction 10/6 Singapore Pret. 25/ Industriala

Malabon Sugar $81⁄2 n Cald., Macg. (Ord) Sh.$191⁄2 Cald: Marg. (Pret), Sh$13 n. Canton Ices $1.60 mi Cements $3.12

1

HK Ropes $160 b Stores, etc Dairy Farms $14.40 sai Watsons $2.90 b Lane, Crawford $2.75 Mackintosh $7 n. Sinceres $2.80

Win Powells 70 cís: 1. Wing On (HK) $55 m.

Miscellaneous Entertainments $4 m S. C. Enterprises $185 Macao "Greyhounds”: $2 n. Constructions (old) $110 Constructions (new) 25 eta n Vibra Piling $4 1.4

TSA

General Agents:

Ch. Gart. 5% 1925 G$Bds.

91% n

March

May

57.74 5722 52 Index Bussiness done:-1,780,000 shares.

DISCOVERY OF NEW

COMET

300,000,000 Miles Distant

Johannesburg.

Ted Faget third by another touch.

a thrilling finish which brought the crowd to their feet.

The relay event was full of ex- citement, Shanghai winning by ja fair margin, thanks to a fine third lap by Starkovsky, the first two laps being very even: Britton managed to hold the lead given him by Starkovsky.

Hong Kong won the water polo match by four goals to two, after a game in which play was not of ja high standard.

CHINESE SWIMMING INTERPORT

(Continued from Page 4)

metre free style through Leung Wai-sang, the Hong Kong women took tonours in all their three events on the programme.

Can Only In Medey

A new comet three times as far from the earth as the majority of

the Hong Chan Chan-hing, the other comets has been dis-Kong interporter, who won the 50 covered by an astronomer at the yards free-style in the recent in- Union Observatory.

"

terport swimming match between Far too faint to be seen by the Hong Kong and Shanghai at Hong naked eye, itris at present about Kong, participated only in the 300,000,000 miles away, speeding medley relay race. However, he away from the sun.

įgave an exhibition as did Miss Its existence first became known Yeung Sau kin the leadingTM when it was discovered on a plate Chinese girl swimmer. being used to photograph planets.

Mayor Wu Te-chen, Mr. K. C Extraordinary Orbit

Pan, commissioner of Bureau of When platted, its orbit was 30 Education of Greater Shanghai extraordinary that the observatory and Mr. William Z. L. Sung were hesitated to accept it and cabled among the interested spectators.. other observatories that some Many delegates from Szechuen, unknown object had been found. Hong Kong and Kwangsi

Harvard Observatory calculated also present. the orbit and came to an almost

identical conclusion. There is

66.60m 66.600 now no doubt that the object is a INTER-SCHOOL

67.16 67.10

67.25b67.45

comet of exceptional interest to astronomers.

Business Slump Throws 29,000

were

AQUATIC SPORTS

ARE REVIVED

Overseas Chinese Out Of Work (Continued from Page &)

Posest race of the day was

the 100 yards Breast-Stroke,

Nanking The world-wide busi,12,700 Chinese residents in Korea, ness depression has thrown more are now without work than 29,000 Chinese labourers in In Central and EAsia the to which was won by Wong Ho various parts of the world out tal number of jobless overseas kwong, of the Wah Yan College, of work during the last few Chinese is reported to be 5,570, who beat Suen Pui-sum, of

Joseph's by a touch. months, according to investigaThey are distributed

The 200 Yards Relay was 23- tions made by the China Office of Banka, 5,000: Samoa, 310: Palem-

among

St

the International Labour Bureau bang 130, and Bombay 130 other exciting event. There was In the United States there are Upwards of 6,000 Chinese em- not much between the teams at now 13,000 Chinese unemployed, ployees in India and Ammam the finish. The race was won by of whom 12.000 are in New York, have lost their jobs during the St. Joseph's, who led from the start and beat Wah Yan by two [and 1,000 in San Francisco, Can-last few months..

ada has a total of 5,000~

Together with those in Eng-yards. Nearly 200 Chinese labourers land-and France, who number At the conclusion of the meet- BLK Govt 4% Loan 5% in Japan are now jobless. Most 60 and 40 respectively, the num-ing, the Championship Shield was

prem b

of them are residing in Tokyo ber of the Chinese jobless labour-presented to St. Joseph's College, IK. Gert 31⁄2% Loan 2% disand Nagoya, where they once ers in the world is, therefore, no by Mrs. WL Hardyside, wife of operated restaurants and piece-less than 29,000 Central News the headmaster of King's Col

than Agency.