1935-10-23 — Page 6

THE CHIKA ME

BAY, OCTOB

BANKS

-HONG KONG AND SHANGHAI | THE CHARTERED BANK OF"

BANKING CORPORATION E

Authorised Capital

$50,000,000

Issued and Fully Paid-up. 20,000,000!

Reserve Funds:-

Sterling

£6,500,000-

Reserve Liability of Pro-

prieters

HEAD OFFICE: HONG KONG.

INDIA, AUSTRALIA & CHINA.

arated by Royal Charter, 1853 FEAD OFFICE: LONDON. -

£3,000,000 £3,000,000

Agencies and Branches:

Paid-up Capital

Reserve Fund

$20,000,000

Reserve Liability of Pro-

prietors

Dor Sher

Artisans

Bangkok

Belavia

Bombay

Calcutta Canton

BOARD OF DIRECTORS.

H. Dodwell, “Eng

Chairmath

CC Knight, Esq.

Deputy Chairman,

Hon Mr. W.H.Bell

CAS

Hon. Mr. J. J. Paterson Cavepors AH. Compton Esq. T. E. Pearce Esq, M. T. Johnson Esq. G. Maskin Esq. J. A. Phammer Esq., A. L. Shields Esq.

HONG

IPOK

JUHORE

ROKE

XORZOOX

* Greyburu, Eag

Chief Manaz OR".

BRANCHES ---

LONDON LONS

MALACCA

-MANILA

MUAR (Johor)

MUTEDEN

NEW YORK

PEATING

PEXANG

BANGOON

SARGON

SAX FRANCISCO

KUALA LUMPUR

SHANGHAI

SINGAPORE

SOUHABATA

SÜNGEI PAZANI TIENTSIN

TOKYO

TSINGTATA-

YOKOHAMA

Current Arconate opened in Local CurrencT- and Fixed Deposits received for one year or shorter perioda in Local Currency and Sterling- on tertem which will be quoted de application Hong Kongad October, 2035

HONG KONG SAVINGS BANK

The Burian of the abom Bank in cocèse- ed by the HONG KONG AND SHANGHAI BANKING CORPORATION,

FOR THE HONG KONG AND SHANGHA BANKING CORPORATION,

VAM GRATE RX,

Traile

Ingh

Xarchi

King'

Batroon

Saigon

Samarane

Taiping

Commerce and Finance

LOCAL DOLLAR DROPS

Forward Silver Prices Down

LOCAL SHARES

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

IMPORTS AND EXPORTS GENERAL DECREASE REPORTED BY LOCAL AUTHORITIES

N official report issued by the Statistical

A office of the Imports and Exports Depart-

AD

EMENTS

CHINA HOLEWARD, CONFERENCE

dated

NOTICE "TO SHIPPERS

16

Samd

ment states that the combined declared values of imports and exports of merchandise during the first three quarters of 1935 amounted to a total of $470.1 millions (£48.2 millions), as compared with $539.7 millions (£39.8 millions) in the corppera segarding the interpre demand this H.K. Bank $1,040 b, $1,040 sa responding period of 1934, and $6881 millions tation of the war clause which is (46.0 millions) in the corresponding period of now attached to Booking Notes 1933

The local dollar has declined

moming at 1/RTY

Seremban

Compur

Made

Singapore Sitiawna Sourabaya

%, opening on

Timatin

aphor Hamburg

Tangkah

New York

(Bhuker)

Prining

Tsingtao

(Paking)

Tokhara

Harben

Pras

Zamboanes

Hoog Love"

Colombo Dalba

Flander

"Spot silver was steady at 29- 5/16, but forward” declined 1/16. to 29

The London on New York cross rate was quoted at US$491.

Forsice Exchange and General Banking busineas compared with £ US$491

TENDERCREČ.

Current Account opened and Fixed Deposits received for one your or shong periods |which will be quoted on application.

A BREAKLEY,

Manager

Hon Kong, 1st Jamary, 1955

THE

AMERICAN EXPRESS COMPANY,

•

INC.

Head Office: 65, Broadway, New York

Capital

Surplus

11J.S.$6,000,000,00

"Reserves

BRANCHLES

**Amsterdam Antwerp

Gatos Glasgow..

Baste

Berlia

Buer may be

Bombay

Bestnen

Brussels

Caine

London

Calcutta

Chief Manager

Bong Long, th February, 1935.

catatand co spplication.

THE BANK OF EAST ASIA, LTD.

Authorised Capata), man

%16_BOI_NO_in]

Cansak Colore bo

Copenhagen Dublin Edinburgh

The Engen Fav Hamborg HAVY ErideThere Interior Jeravalem

Liverpool Luceros + Lugano

Ettor

Bararilee

Peipiag Pelremo Botterda Beir

Panachai

Singapore *eator Taormina.

V.

Florence

Gracts

while the New York on Landon cross-rate

Sh

quoted at {$— US$4913⁄41⁄21⁄2, as compared with

US$490%

EXCHANGES

TO-DAY'S QUOTATION

On London

Banks

HK Bank (London) 106

Chartered Bank £131⁄21⁄21⁄2 n Mercantile Bank A. and B

$284 TL

Mercantile Bank C. £12 The Bank of East Asix $60 n.

Insurances Canton Ins- $180. b.. Union Ins. $395 b.

China Underwriters $1.10 8. China Fire Ins.. $382 n. HK Fire Ins. $180 h. International Assce: $5

Skipping

Douglases $36 1-

HK. Steamboats $4-1. Indo-Chinas (Pref.), $30 m. Indo-Chinas (Def); $10 b... Shell Bearer) $16/S`n. Union Waterboats. $111⁄4 n-

S there appears.

doubt amongst Conference

issued by the Central Booking Of- fices, and of Tariz Addendum No.

9, the position is set forth be

ADDENDUM No. 92.

This refers to freight quotations

WAR CLAUSE ON BOOKING NOTES This clause car

for

The declared values of Treasure imports during the law.

* merchandise first nine (months of 1935 amount- imparts of amounted to $270.8 millions ed to: $286 millions; as compared (£27.8 millions) in the first nine with $48.7 millions in the corres only, and not to months of 1935, as compared (ponding period of 1934 and $26.5 with $302.1 millions (5223 milions in the corresponding millions) in the corresponding period at 1933; whilst exports of period of 1984 and $381-1 mil-{treasure totalled $128.9 millions in lions (£25.5 millions) in, the the first nine months of 1935, as tion which shippers: had corresponding period of 1933 compared with $85.6 millions and ly been given under

The declared monthly values $103.1 millions in the correspond-ward – booking

exports of merchandise ing periods of 1934 and 1933 res- the right must be reser amounted to $199.3 millions pectively.

crease rates or cancel bookings." (£20.4 - millions) in the first

Comparative Tables

In order, however, to assist ship- nine months of 1995,- as Come

parative pers who require firm quotations The following: pared with $237.6 millions (17 tables show total values of reports the Conference Lines have millions) in the corresponding and exports of merchandise and ranged that forward bookings may. period of 1934 and $507.0 maxio?*\treasure during the first zine he made for usual tariff periods at (£20.5 millions) in the correspond-months of 1935, 1934, 1933 and current tariff rates plus 10% sur fing period of 1935, rest

шет

1932:

IMPORTS

1935

1934

9

charge.

time of shipment: 72

-to-in-

Calculating in terms of Hong

Bookings with this surcharge Kong currency imports at

will be protected and will be sub- chandise during the first nine

jeet to the Beneft of fall, if tariff months of 1935 decreased by 10.4 Merchandise" 270,750,299 302,125,140 rates are not increased at the

28,603,995 48,695,132

The war clanse applies to all 299,354,294 350,821,232

· 1933---

bookings of tarifi cargo which are made without the above men- 3,732 477,820,540 tioned surcharge. 26,339,937 75,211,481

On TT. and demand

1/11

4 months-sight

--1/11%

Credits 4 months' sight .. 2/-31⁄2

On Shangha

2,183,633.06

On demand

196

870,731.05

On Singapore

-

On demand

8474

On Japan

Mining Antamoks 70 cts. 1.

On demand

168

Balatoes $14 n.

Napier

Piriman Peria

On India

Baguio Gold 22 cts. n.

On T.T. and demand

130%

Benguet Consolidated $10.60

n.

On New York-

Benguet Exploration 13 ets, IL.

On demand

48%

Big Wedge 8 cta. B

Southampton

Credits 60 days" sight

49%

Gold Creek 30 cts. n.

On Batavia-

Gold River 51⁄2 ets.

On demand

-71%

Monte Carlo Maria

Munich

Kopien Yokohama Zurich

On Paris-

On; demand

73762

Montreu

Credits 4 months' sight

765

On Saigon--

On demand

7372

9724

Ipo Mining 90 cts. z. Itogons 36 cts. 1. Salacots 15 cts. n. Kailan Mining Ad. 10/6 a -Langkats (Single) Sh-$15 n. S'hai Exploration Sh.$41⁄2 n Shii Los San Raubs $6.65 - Venz; Goldfield $2.30'1.

per cent. and 28.9 per cent. as compared with the corresponding periods of 1934 and 1933- respec-! tively; whilst exports of merchan- dise declined by 16.1 per cent and Merchandise.

Treastire 35.1 per cent, respectively.

Total

Total

9334

Docks, etc.

HK and K Wharves

$662. IL

Branches of American Express Paid-up Capi$5,200. Company in Principal cities of United Reserve and Undivided. Profite i20,000.00 States of America and Canada.

HEAD OFFICE:-RONG KONG.

All classes of Commercial Banking Transactions undertaken.

20, Des Firat Koad, Central. BOARD OF DIRECTOPŠ 2-- Sir Shonon Chow. Cliriman. Loon Chat. Ex Fur Engineosled Tun Tong, Eng. Cand Ching Sk. Eng. Li La

•Sang. Esq., Wong Chu Soo, Eng, and han Ting

KAD ZADE Po. Enq.. Chicl Xenoget.

ToFace, Enque, Manager.

BRANCHES AND AGENCIES

Manila

Malbrouthe

Semas

Swart'

Bombay

Nagauki

New York

-“Quals

Paris Peiping

Calcutta Camion Haiphong Hankow

Pran

Sanspare Sourabaya. Satow Sydney!

·Taibaika Tirateia..

Honolulu

Варненсь

Favicon London

Saigon

Tokyo.

San Francisco

Vancouver

Yokohama

Every description of Banking and Exchange "basmens tinzanited Louse granted on approved ·

Local CumDKY Curreus Acounts of med gân and Fixed Depoute; received for one year or shorter, periode in "Local and Foreign. Cursocies on terms which will be quoted on applicaties.

Sade Deposit Boxes To Last.

KAN TONG PO.

Chief Manager.

Personal investment accounts hand-

On Manila...

On demand

On Bangkok- On demand

29 5/16

Sovereigns bank buying rate 2/- Bar Silver per oz. The Company offers to intending, Travellers the use of its "Travellers Bar silver in Hong Kong Cheques" and Letters of Credit and Copper cash maddition, the world-wide services Copper cents

:

of its thoroughly equipped Travel Rate of native interest Department.

Hong Kong sab, coin Chinese Sub. Coin

E, W. DUGGAN,

Manages.

THE WING ON BANK LIMITED.

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

... NOEL...

mom. par. 3% pa par. 31% dis

COMMODITY PRICES

The following quotations have been received by Reuters

Prev. Yesterday Closing Closing

New York Cotton: October

December

January

March

LONDON BANKERS:- Westminster Band, Ltd. Foreign Exchange and every des- cripton of banking business transact. May July

THE CHINA & SOUTH SEA BANK, Current Accounts and Savings Ac- Spot

LIMITED

(Incorporated in China). Head Office-Shanghai.

Capital

$7,500,000.00 Reserve

$1,500,000.00 Branches All Important Cities in

Chine

Foreign Earlunge and General Banking: Businen treamscard.

Current and Sering Accosts opened and Fised Deposita, received lac ose pear, oë, shorter periośn states which will be quoted co application,

SOU Z CELANG,

Manageri

BONG KONG BRANCHE

26 Des Forum Road, Central. Manager”.

ین

Foreign Exchange Dept.

General Offer

Tel: 33565

THE YOKOHAMA SPECIE BANK

LUMITED

Established 1880:

January. - March Trusteeship and Executorship dertaken. Safe Deposit Boxes for May hire.

HK. and K. Wharves

$63 1

Sterling Vaines

1532

EXPORTS

$

Bookings made before the in- 407,408,689 553,032,023 stitution of the war clause are

protected 1335

1934

Shippers who have made for- $

ward bookings since the institu- 199,303,965 237,569,25tion of the war clause and who

In terms of sterling valnes im- ports of merchandise during the

of 1935 in Merchandise first nine months creased by 24.7 per cent. and 9.0 Treasure per cent, as compared with the

Total corresponding periods of 1934 and 1963 respectively; whilst exports of merchandise increased by 166 (old) per cent, as compared with the Merchandise 207,027,554 352,275,259 immediately.

corresponding period of 1934, and Treasure (new) declined by 0.5 per cent., as com- Total

HK. and W. Docks $9 n. Providents (old) 50 ets. b. Providents (new) 20 eta. n. Hong Kew Sh. $2371⁄2 2. New Engineering Sh$4 Shanghai Docks $80 n

Cotton Millig Ewo Cotton Sh.$5 b. Shanghai Cotton (old) Sh

Shanghai Cotton (new) $40 2. Zoong Sings Sh. $81⁄2 2. Wing On Textiles Sh. $25 n. Lands, Hotels, etc. HK and S. Hotel $3 b, $3.30 HK Lands $25 by

Shanghai Lands Sh.$1390 n. Metropolitan Lands Sh. $10 m. Humphreys $7.60 3.9%

HK Realties. $4 n.

pared with period of 1933,

the

corresponding

NEW YORK STOCK EXCHANGE

Latest Quotations

October 23.

-The following quotations were 're-i ceived by Reuters

NAI/London NY Cotton

*Dec

Dac

S

Last

128,887,811 85,613,790

desire to take advantage of the 328,191,776 323,188,047 surcharge arrangement in, con-- nection with such bookings, should notify the Central Booking Office

1933

1932

$

103,142,361

410,169,915

91,371,098): The, surcharge arrangements

mentioned above will not apply 443,646,367 to shipments of Tea or China Silk

NEW YORK STOCK MARKET

Wheat Prices On Decline

COTTON BUYING CHECKED

ling

regarding which Conference Lines [will give the usual notice of any

increase in rates.

*Hong Kong, 23rd October, 1935.

PUBLIC AUCTION

THE Undersigned have received instructions to sell by Public"

Auction

on

commenting at 5.15 pm

at their Salce Room, Duddell Street

In their market report, Messrs Monday, the 28th October, 1935, close 10.20 11.00 S. E. Levy and 491% 43T 4914

pondents för M 10.82 1081 and. Compary,

Stocks: Until 1 1234test has revealed

the latest buying trading interest appears likely to swing from group to group, as in the last several days. Our view is that many industrial stocks have been over-discounted as to anti- cipated prospects Business done: 12,840,000

HK Tramways $10.65 £2. Peak Trans- (ok!) $5_n. Peak Trams (new) $41⁄2 1. Star Ferries $76 h.

NY Flec. Bond &

Stare 1334

10.88 10.77 10.79 10.81 10.70 10.73 10.71 10.79

10.76

10.81

HK Lands

$100

ed.

10.78

10.35

May

10.29 10.76 10.79

10.79

1.

11.15

11.20

counts opened. Fixed Deposits reNew York Bul ceived as rates which will be quoted

December on application Special rater given for Special deposits.

N.Y. Rubber.

Dec. Chic. Whest

13.0761298

13.07b

12.92

Dec

10132

13.14

13.00-

May"

· 100%

100%

-99%

13.31

13.17

Chic. Corn

13.45

13.32

Chinese Estates $86 1.

July

18.57b

13.483

Chinh Beauties Sinh t

May

59%

FEILIP GOCKCHIN

Chief Mana (PET

Chicago Wheat:

China Debentures Sh$85 2

·Public Utilities

STOCKS #

L. GOCKCHIN

Asst. Manager

LI SHU FONG December

Asst. Manage May July

101

101

Amer: Smelting 524 Ansconds.

100%

∙100%

Copper

20%

20%

3232

2016

894

891/

Con. Gas of

29,

Chicago Com: December

60%

18

May 17nly

59%

60%

Winnipeg Whe October

Yanmati Ferrier $17 mi C. Light $810 h, $8.20 3. HAK. Electrics. $52 · b........

General Motors: 51%

51%

Int: Tel & Tel°10%-10%

10%

Loew's Inc.

$50

49%%%

89%

December ¡May

895%

Macas Electrics - $20 (11, Sandakan Light $3 a.

Montgomery

Ward."

33%

935%

B&

New York Sti

December

2.40

Telephones (new) $61⁄4% 8.

Standard 02.

of NJ. US Steel

461⁄2

January March

2.17

China, Bunes: Sh$111⁄4 2. '-

213

Singapore Traction 13/- 1.

New York Penang

Part Louis

May 1July

217

S'pore Traction Pref. 25/- 2.

2.21

New York Suk December

Malabon Sugat $872 11-

March

May

Cald, Macg (Ord.) Sh$191⁄2 x Cald: Macg." (Pref), Sh.$18 nă Canton Tees $1.60 1.

Fafe

Quotations

rom

Silver

Cements $3.15. z.

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE

15. Genescharch Stanet, Landon, E.C.A. Authorised Capital: £3,000,000 Subscribed Capital ... 1,800,000 Paid-up Capital ... 1350,000 Reserve Fund & Rest. 1,247,830 BANKERS:

The Bank of England & Miðand Bank, Ltd.

MAN BRANCHESÍ

Bangkok Boobay Cricurts

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

en 127,450,000

Gala

Head Ofce: YOKOHAMA

Branches and Agencies,ut“

Alexandria

Exteria

Berlin

Bombay

Canton

Calcutta

Dairen (Daby)

Fenglién (Mokden)

Hamburg

Hankow

Harbin

Hon Ko

Hanoinin

Ksinking

Karachig

Kobe London Los Ange

New: York Osaka

Zpok

Kandy

Karachi

Lots Beru

(Martition) Bangoon

Kuala Lumpur Shanghai Kantan (Pabang) Simla Madzam

Shupspore

HONG KONG BRANCH,

Every description of Banking - and Exchange

[botinama · sentiacted, ra

Travellmes Cheques imped

Troste od: Executorships undert

INFMREST allowed

Current AccounÍA

Fond Deposit at. Bates that may beʻascache:

un sypletion.

7. Queen's- Boad Central. (2

Hong Song, Jábk July, 1965,

THE

SHANGHAI COMME

SAVINGS BANK

Telephones (old) $17.80 b, $18 NY. Central $23

Industrials

2.08 2.07 2062 2.05 2.05 2.07

66.40 66:23 66.70 66.350 67.05 66.65 GLAS €7,70

Insured?

HK. Ropes $1.90 1.

Stores, etc.. Dairy Farms $15.2. Watsons $335 b. Lane, Crawfont $23% Mackintosh $7ện.. Sinceres $160 n.

Wm. Powells 70 cia në) Wing On (HK) $55-m

Om MiscelinDOTS Entertainment

C. Enterprise

Macao

market to-day de- several unfavourable Including

Europe and the decline

wheat.

Lect that more dis- favourable and

set-back

9,318,000 ing is stil

the Bant

We believe looks highe

RAW RUBBER PRICES March and

(1936)-22

(1936) 22 Down

REICHSMARK QUOTATIONS

25th. of thisg- moni the last tender day for

ubber: Bu small, buying,

A Valuable Collection of POSTAGE STAMPS

Terms: Cash on Delivery

LAMMERT BROS.

Auctioneers. Hong Kong, October 23, 1935.

CANADA'S BUREAU OF STATISTICS

Service Extending Over 20 Years

ANNUAL APPRORIATION OF

$580,000

Ottawa, Canada, The Dominion Bureau of Sta

said to be the most complete of its kind in the be world has, just celebrated its 20th birthday and it coincided with a meeting at Ottawa of the Second Conference of Statist-

ans of the British Common

Latest

Anthe

the

Burean Bea