1935-10-15 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital

$50,000,000 Issued and Fully Paid-up.. 2,000,000 Reserve Funds:-

$6,500,000 £ Reserve Liability of Pro-

OF DIRECTORES St Emily

NWARD OF

Стын граната

C. C. Knight, Esq.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1855. HEAD OFFICE: LONDON

Sungkek

Batavia

Sutra Put

Sterling

Paid-up Capital

Reserve Fund

£3,000,000 £3,900,000

prietors

„$20,000,000

Reserve Liability of Pro-

prietors

3,000,000

HEAD OFFICE, HONG KONG,

Agencies and Branches:

Alor Star

Tailo

Bangoon.

Ameinar

Tpok

Saigon

Kamchi

bemarang

Filare

Kade

-Shanghai

Krunia

Singapore

Lumpet

*Tam to 3622

Kuching

Sonara, baya

Madras

Taiping

Mayila

Medan

Tungkal

New York

("Blader)

Hamburg

Piping

Tractio

| Hankow

(Teking)

Tokolo

Prants

Bong Kong

Depute Chaith

Hon. Mr. W. H. Bell.

Bombay

| Calcutta Canton

Hon. Mr. J.J. Paterson pre A. H. Compton Esq. T. E Pearce Esq., Cebu

M. T. Johnson Esq. G.. Miskin Esq- Colomb J. A. Plummer Esq., A. L. Shields Esq. Raipon

wor

HANGKOK BATAVIA

MAY OSLOVI"TA

CANTOX

CBX10

COLMING

DAIBEN

F

1. marta, Eng

STATTHTONG

FLANDIERON

HANKOW

HAREIN

HONGKEW

ILOILO

IMH

JOHORE

XORE

KOWLOON

Churf Munt.

BRANCHES

LONDON.

LYONN MALSAVA MANILA

AR (Johore)

MÜRDEN

NEW YORK

PEITIMA

PINANG

RANGOON

SĄMON

SAN FRANCISCO-

XALA LUMPUR

~HANGHAI

SINGATURE

SOURABAYA

WIFI PATANI

TIENTSIN

Testres

TNINGTAO

YOKOHAMA

'Current Biotita expr in. Inpal Curency

・and lized humorissant get into your or aketen geude im Lowai Kurrency and Sterling

• Sturt will be qurant is application Hong Kong, ad Orgàr, DA,

HONG KONG SAVINGS BANK.

· Tan Bacon of the above Entrà in conducti

d by the ING RONG AND SHANGHAI BANKING CORPORATION,

otted on apricatio

FOR THE BONG KONG AND SHANGHAI BANKING CORPORATION,

V. M. GRAYBURN,

Tenzin

THE CHINA MAIL, TUESDAY, OCMBER:15, 1935

Commerce and

Finance

LOCAL DOLLAR

FALLS

Silver Prices Firm

The local dollar has declined 19, opening on demand this morning at 2/0 d

Silver prices were steady, at 29% and 29 7/16.

The London on New York cross- rate was quoted at £-U.S.$4.90, 33 compared with US$490|

London while the New York on

W25 quoted

Forrige Exchange and Groval Banking bus cross-rate

fratmacted,

Current Arceunde opened and Fixed Deponita S-US$1.90%- [received for can get or shorter periods at rates

|which will be quoted on application,

A. BREARLET,

Manager.

Hong Kong, 1st January, 1935.

THE

AMERICAN EXPRESS COMPANY,

INC

Bead Office: 65, Broadway, New York

Capital

Surplus Reserves

Atiran Atestat

Lokaii

Liverpor

Length Lurna

Tiણ

B

EXCHANGES

TO-DAY'S QUOTATION

"LOCAL SHARES

TO-DAY'S QUOTATIONS The following is the list of local share quotations issued to-day

Banki

HK. Bank $1,015-b.

H.K. Bank (London) £10511⁄2 Chartered Bank £134 n.

x.

NEW YORK STOCK MARKET

Industrial Securities Should Advance

NEW ADVERTISEMENTS

VICTORIA CLUB

NOTICE

EMBERS of the above Club

CALMER VIEW TAKEN OF MM hereby notified that the

EUROPEAN SITUATION A

HONG KONG CRICKET CLUB.

NOTICE

TOTICE IS HEREBY GIVEN THURSDAY, the

No

final selections from the leading 24th October, 1985, a drawing for sporting papers in London for the the redemption of thirty (30) De- will be held in the

| dentures-

In their market report, Messrs. Cesarewitch will be on view in the SE Lery and Company, carres Club-room on the first floor, King's Pavilion at 5.30 pm. pondents for Messrs. White Weld Building, Connaught Road Cen- The numbers of the Debentures and Company, New York states-tral. at 10 am on Wednesday drawn will be published in the

Stock: A calmer view of the October 16.

Hong Kong Government Gazette Information regarding prices and the local Newspapers, and European situation, together with

a cessation of selling of railroad for both the Cesarewitch and the holders of drawn Debentures may, Mercantile Bank A. and Rissues, caused industrial issues to Cambridgeshire for single and upon given notice to the Trea-

-2287 m

Mercantile Bank C £12% 1. Bank of East Asia $50 n. V Insurances Canton Ins. $180 n. Union Ins $375-b.. $550 3. `China Underwriters $110 m.

ChalnayFire Ins. $382 n. HK Fire Ins. $180 n.. International Assee. $4 n.

Shipping

Douglases $36 n.

HK. Steamboats $4.n. Indo-Chinas (Pre£), $30 n. Indo-Chinas (Def.), $12`n. Shell (Bearer) 73/9, n. Union Waterboats $111⁄4 n-

Mining

Antamoks 70 cts n

Balatoes $14 n. Baguio Gold 22 ets. 1 Benguet Consolidated. $10.60

$10.40 $2.

Benguet Exploration 13 cts. D.

Docks, etc.

advance. We anticipate further double can also be obtained at advances in industrial securities the Club in the near future. Total sales: 1,590,000 shares.

5. F. CHANG, Acting Secretary.

14th October, 1935.

Wheat: Uncertainties in com- nection with the elections in Canada is a disturbing factor Mary traders have been discour- THE HONG KONG JOCKEY CLUB

their have liquidated aged and

mülsHE TENTH EXTRA RACE long positions. Buying by

MEETING will be held WES only moderate. We would prefer accumulation on the scale (weather permitting) at HAPPY down. Business done: Wheat: VALLEY or SATURDAY, 19th 80.113.000 bushels. Corn: 6,568-October, 1935, commencing at 200 1000 bushels.

The First Bell will be rung at

Cotton: Weather conditions are ideal and the crop movement is 1.30 pm increasing Demand is expanding, which makes sharp declines an- likely. We would buy on setbacks. Silk: Excellent buying by the

s, Trade and demand for consump

tion of finished goods continues. The advance in futures, is rather

By Order,

C. B. BROWN.

Secretary.

Hong Kong, 15th October, 1935.

rapid and we would take profits COMMODITY PRICES

on farther bulges. Total sales: 207 lots.

The following quotations have

Prev. Yesterday Closing Closing

Flash: Steel mill activity is been received by Reuter. estimated at 50.4 per cent of capacity against 49.7 per cent. the previous week.

New York Cotton:---

Cram's estimate of production October of Cars and Trucks in the United December States and Canada during the January week ended October 12 indicates March 31,613. units.

Latest Quotations

surers waiving the six months" notice to which they are entitled apply on the 31st October, 1935, to the Treasurers, Mesars. Percy Smith, Seth & Fleming, for pay- ment of the Principal and interest to the 31st October, 1935.

By Order of the Committee,

-A. E. MACKENZIE,

Hon. Secretary. Hong Kong, 14th October, 1935.

PUBLIC AUCTIONS

HE Undersigned have receiv-

Te astractions to sell by

Public Auction

Friday, the 18th October, 1935 commencing at 1030 am.

at No. 43, Hillwood Road, (ground floor) Kowloon

A Quantity of VALUABLE HOUSEHOLD

FURNITURE

On View from Thursday, the 17th October, 1935-

Terms: Cash on Delivery...

LAMMERT BROS,

Auctioneers.

Hong Kong, 15th. October, 1935.

On London

On TT. and demand

2/-24

4 months sight

2/-24

Credits on months" sight 2/-73.

On Shanghai –

On demand

133

USF6,000,000.00 -2.183.633.06 870.731.05

On Singapore-**

On demand

85%

On Japan

On demand

17134

BRANCHES:-

On India-

ANE WATE

enlargeme

On TT and demand

182%

The Hague

Napirs

Ravane

PAPA

On New York--

Banis

Homburg

Fatım

"

Hav

On demand

4914

Big Wedge 8 cts. n.

Popen

Rin my be

Boerciony

Haidature literaru

Puiero

Credits 60 days' sight

50%

Gold Creek 30 ets. n.

Gold River 51⁄2 cx 12.

Brussels

Rome

On Batavia-

China

Crimurta Cannes

montreruptan

On demand

722

Ipe Mining 90 ets. n.

ing Manager.

On Paris

Houg Bone, Sri Fubmary, 190

Irabim

Turning Firma

On demand

74772

Itogons 36 eta 1. Salacots 15 cta. 1.

Fadinima Firmame [irtinta

Monte Carlo

Credit. 4 monts" sight

175

Fushata Zurics

On Saigon

-On demand

744

On demand

9814

Kailan Mining Ad. 10/6 m. Langkats (Single) Sh-$18 n. S'hai Exploration Sh.$41⁄2 n. Shai Loans Sh. $51⁄44 n. Raubs $6.65 m

10.85 10.34 10.84 10.81

10.86

10.30

10.90

Venz, Goldfield $230 n.

{May

On Bangkok

July

10:90 10.95 10.92 10.96 10.96

On demand

Sovereigns bank buying

92 rate- 2/1

29%

HK and K. Wharves (old)

STEEL-

Spot

11.20

11.20

THE Undersigned have received. instructions to sell by Public

The following quotations were received by Raster:-

New York Rubber:-

Auction

YOUL

H.K. and K. Wharves (new)

$70 ᄑᄑ

December

12.74

12.683

Prev. To-day

close

elos January

*12.82

12.74

March

12.97

12.87

par.

4.90%

4.90% May

13.11

13.02

July

13.26

13.17

|N. Y. Rubber--

- Dec.

10.85

1268 at 12.74

10.34

Chicago Wheat-

Chicago Whent:— December May

104

1023%

104

1014

Dec.

10424

102% July

93

91%

Chicago Cora-

Chicago Corn-

Dece

60%

39%

December

60%

59%

Sh Montreal Silver—.

رك الله ۲۰۰

༤,, ཋི「rཏྠམྦྷ

Hangman

1

Kowloon Lorlu

T

Fit Franciients

Veuro.vat

Jivery devription Betterave enorme Read

Dec.

66.50

€6.50

May

59%

*189

Silver Official

65

65% July

60%

5934

9134

9034

9218

91%

New York Sugar: 11 Commodity In-

dez

57.09 56.7 3 of December Business Done:-1,590,000 shares. January

March

May 95.71 95.56 15 off

96

95

2.52

2.52

2.17

2.17

9.14

2.34

17th October, 1935.

May

217

217

July

2.20

2.21

New York Silk:

December

1.88

1.95

March

1.87

.1.94.

or

Friday, the 18th. October, 1935-

commencing at 230 pm.

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

A Quantity of

VALUABLE HOUSEHOLD

· FURNITURE

comprising:

Bed Room and Dining Room Furniture. Chesterfeld Suites, Carpets, Rugs, Glass and Brass Ware, Porcelain and Alum. Ware, Clocks, Ornaments, Lamps, Pic-

tures, Radio Set, Piano etc, etc

and

A Selection of

Black Wood Furniture

On View from Thursday, the

Terms: Cash on Delivery

· L'AMMERT BROS.

Auctioneers.

Hong Kong 15th. October, 1935.

¡May

1.37

1.94

Montreal Silver:

December

66.50

. $1,500,000.00

PHILIP GOCKCHIN Chief Manager

January

March

66.70

67.40

China

11.00 May

67.80

THE BANK OF EAST ASIA, LTD.

Archnejment Capital

Podvoz Caitl

Bert and Indianfred Muft

Hania

Munich Kontx

Branches of

American Express On Manila $10,000,000-er Company in Principal cities of United $1.States of America and Canada.

HEAD OFFICE -- HONG KONG. 10. D Forum: CemT IML),

"BOARD OF DIRECTION

Shou-on c'how, Chan,

All classes of Commercial Banking

Transactions undertaken.

Personal investment accounts hand Bar Silver per oz.

Bar silver in Hong Kong Copper cash

Li Kom them. Et Ph. Av. Fan Dong led.

Tum Tong. Faq Chan Ching FL In: Sang, Eng Wong Chu Son, F-1 and Tan Ying Po g.

Aitor

Han Tung . Exq, C. Murug Li Ti Fons. Erqi Bouzit

BRANCHES AND, AGENCIES:

Haiphong Zankow Honolulu Korm

Manila

*2=14

Sagunake View J'agri

Deskä

PATTE

Priming

d Ranking and Exchange

louds granted on approved

Arvosta ripriand

in Lori Carmoney and Fire Deponita maired for one end at shorter periods in Tewal and Foreign Currencies on terms, which will be quoted on application.

Sain to promiz Bryru To. Lt

"EAN TONG" PU.

Chief Muunga

THE CHINA & SOUTH SEA

LIMITED

(Incorporated in China) Head Office-Shanghai

Capital

Reserve

The Company offers to intending Copper cents Travellers the use of its "Travellers pate of native Interest Cheques" and Letters of Credit and Chinese Sub Coin m addition, the world-wide services

of its thoroughly equipped Travel Hong Kong sab..coin Department

«E W. DUGGAN,.

Manager.

THE WING ON BANK

LIMITED.

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

ed

3% pa. 30% die. par.

BERLIN SHARE

MARKET

Sharp Depression In Prices

- CHINA MAIL" SPECIAL

Berlin, To-day. The share market yesterday was LONDON BANKERS:- Westminster Band. Ltd. extremely depressed, buyers being Foreign Exchange and every des-almost entirely absent, so that for cripton of banking 'business transact-want of takers even the small | Current Accounts and Savings Ac amount of stock offered caused a BANK,ceived at rates which will be quoted stagnation was chiefly due to the counts opened. Fixed Deposits re sharp depression in prices

on application. Special rates given news from Paris hinting strongly for Special deposits.

at the possibility of a breach in Trusteeship and Executorship un- dertaken. Safe Deposit Boxes for diplomatic relations between Great hire.

Britain and Italy.

.$7,500,000.00

Branches-All Important Cities in

(L. GOCKCHIN

LI SHU. FONG

Foreign Exelwage and-General. Eunking Purines | Asst. Manager Asst Manager

Standart

Current Saving Accontate opetard und· Fixed Deposita isend tap one year or shorter periods.

int rates which will be quoted on application

NOU Z, CHANG.

HONG KONG BRANCH,

Managm

24. w Voraz Road, Central

Foreign Excham Depa Georg O

Caïbies". Q

PRECE

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1880

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

Reserve Fand

Yen. 127,450,000 ||

Head Office: YOKOHAMA

Branches and Agencies at

Alexandria' Batavia

Berlin

Bombay

Calcutta

Canton

Dairen (Dalny).

Nagasaki Nagoya New York

Osaka

Paris

Peiping

Eangcon Fengtien (Mukden) Rio de Janeiro

Hamburg

Hazkow

Barbin

Honolula

-THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)

Capital paid, up

Reserves

$5,000,000 $7,300,000

This

Fixed interest securities again proved more resistent and although price declines occurred they were ¡not numerous.

Gold mortgage bonds shared the general stagnation, but where business was done prices were us ually unchanged. Call money was at 3 per cent-Trans-Ocean Ser-. [vice.

Capital Savings Dept. $500,000 RAW RUBBER PRICES Reserve Savings Dept. $600,000. [7)

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 31481-2-3

Is It Insured?

Insurance—All Cizanen LOWEST RATES American Asiatic Underwriters

Fed Inc, USA. General Agents

San Francisco

Seattle

Semarang

Shanghai

Head Office

Singapore

Sourabaya

17, The Bund

Shanghai.

Hong Kong

Hsinking

Karachi

Kobe

London

Sydney

Tientsin

Tokyo

Los Angeles

Manila

Moji

counts.

Tsingtau

Yingkow

Interest 'allowed for Current

Deposits, received for fixed periods

rates to be obtained on applicati

C.. KISHINAMI

Hong Kong, 12h

aber, #1988.

HK. Office *Asia Life Bulding Tel. 30234°

Bring Your

Latest Quotations From Singapore

Messrs. FL. B. Joseph & Co. have received the following Straits currency quotations from Singa- pore for raw rubber.

Spot 20% down 7% b, 21 s. November/December 211⁄4 down.

11⁄2 34, 2171⁄2 2.

H.K. and W. Docks $9 ne Providents (old) 45 ets. b.. Providents (new) 20 ̊cts. z. Hong Kew Sh. $2371⁄2 1. New Engineering Sh.$4 n. Shanghai Docks 80 n.

Cotton Milis Ewo Cotton Shi 85.60 b.. Shanghai Cotton (old)

365 m.

Shanghai Cotton (new) $40 Zoong Sings Sh. $81⁄2 1. Wing On Textiles Sh. $25 n. Lands, Hotels, etc.

HK and S. Hotel $3.15 b. HK Lands $24.40 n

HK. Lands 4% Debentures $100

Shanghai Lands Sh$13.90 n Metropolitan Landa Sh. $10 Humphreys $11⁄21⁄2=" HK Realties 4 n

Chinese Estates $86 n. China Realties Sh$4 a. China Debentures: Sh.535_n.

Public Utilities

HK. Tramways $10.65 b. Peak Trams (old). $51⁄2 n. Peak Trans (new) $5 n Star Ferries $78 n. “ Yaumati Ferries $17 n. C. Light $7.90 b HK. Electrics $5334 ni Macao Electrics $20 = Sandakan Light $3 x. – Telephones (old) $17.20 h. Telephones (new) $61⁄4 s.. China Buses 8h$111⁄4 ni

Singapore Traction 10/6 b S'pore Traction PreL 25/- 1. Industrials

Malabon Sugar 1⁄2

N. Y./London cross-rate

| N. Y. Cotton—

Oct.

Dow Jones Averages

Winnipeg Wheat:- 30 Industrials .133.56 135.03 1.47 up October 20 Rail

32.80 33.38 38 December 20 Utilities .... 25.81 25.94 -13. up 40 Bonds.

NEW YORK STOCK EXCHANGE

Latest Quotations

October 15. The following quotations were re ceived by Reuter-

Last close... 10.20 N. YLondon 4.90% 4.90% 4.90% N. Y. Cotton-

Des May

N. Y. Rubber

Dec.

BANK OF ENGLAND PROFITS

Profits of the Bank of England

102% for the six months to August 31 last were £675,704 For the pre- ceding half-year the figure was 584 £275.572, and that for the corres-

Everything

gone.. BUT YOUR

SAVINGS

RENT

FOOD

60

10.87 10.84 10.29 .10.95 11.02 11.02

-12.74 12.73- 12.72

Chic Wheat-

Dec.

104

10344

May

104

Chic Corri

Dec. May. STOCKS:----

60% 59

Amer Smelt.

ing Anaconda Cop-

per

22

997/4

12

ponding period of 1934, 5678,876. At the general Court on Septem- $1444 52% 52

ber. 24 the usual half-yearly de- 217 21% dividend of 6 per cent...was

Clared. 29% 29

13

CLOTHING

HEAT

TAXES

* Stores, etce Dairy Farms $1474 h. Watsons $2.90: E. Lane, Crawford $24 2

Ixt Tel &

Tel Loew's Ine Montgomery

Ward

474 47% 4734

9% -44%

WATER

9%

447%

CHITS

[NY Cen

tral Standard Oil of

NJ

21/

33

21%

Cald., Macg. (Ond) Sh.$191⁄2 n. Cald: Macg. (Pref.), Sh$18 n. Canton, Ices $1.60 m. Cements $3.15 b, $348. $3.15

$2

FK Ropes $1.60 b

January/March (1936) 211⁄2 Mackintosh $7 1.

down % h, 214 s.

April/June (1936) - 221⁄4 run-

changed b, 221⁄2 s. Market: Quiet.

NEW ISSUE OF $5 SHANGHAI NOTES

Permission Given To Print 10,000,000

Nanking, To-day. Approval has been obtained by

PRINTING the Bank of China from the Cen-

ZIoUs

tral Government for printing 107- |000,000 $6 Shanghai-banknotes, it la leamed in financial circles here to-day

Sinceres $2.30-11. Wm. Powells 70 cis, n. Wing On (HK) 355 m. aga Miscellaneous Entertainments $4 m. S. C. Enterprises $1.35 m. "Macao “Greyhounds” $2 n.

Constructions (old) $1.10 2. "Constrictions (new) 25 cta. 1.

Vibro Piling $4 m.

Ch Govt 5% 1925 G$Bds.

91%. Th

Con "Gas of

Elec Bond &

Share General. Me.

tors

J. S. Steel

33

$66,

REICHSMARK QUOTATIONS

Berlin, To-day. Reichsmark quotations, without guarantee, are given as follows: New York, 40- 32% 24; Pariz, 6105; Amsterdam, 59,- 35: London, 12.1825. The London 20 sterling prices were on Faris-74-

138 and on New York 15.1775- 44% Trans-Ocean Service

Britain's Overseas Trade

London, To-day- Overseas 830,697, which is £1,685,590 more figures for September show ex than in August and £2,917,362 HK Govt 4% Loan 5% ports totalling £24,098,265, which more than in September of last

is 1784,690 less than in August Exports for the first H.K. Gort. 3% Loan 2% dis but £141,017 more than in Septem-months of the year were

premanj

b

Wallace Harpers $4.1

years (m

ber of last year; re-exports totall-1985 higher than in the |ing £3,810,838, which is £374,723|ding period of 1934, have been sent by the Bank to the less than in August but $561,002 ports were £279,906 higher Ministry of

filing

more than in September Last Himports 22582,506 hig Specimens of the new banknotes Central News

years-and-importa botaling-#60"-Wireless Service.

SAVINGS

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UNDERWRITERS SAVINGS BANK

FOR THE FAR EAST,

INC.

Axis Life Buildin

XENAXENENENDE SA NA RAUN BRUS EPAN ESI

2