1935-10-25 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

-$50,000,000 Incorporated by Royal Charter, 1853.

Authorised Capital Issued and Fully Paid-up. 20,000,000; Reserve Funds:-

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

prietars

HEAD OFFICE: HONG KONG.

BOARD OF DIRECTORS.

S... Dodwell, Esq.

Chirt

C. C. night. Enq

Depoty Chairman.

Hon. Mr. W. H. Bell

THE CHINA MATE

FRIDAY, OCTOBER 25, 1935

Commerce and Finance

£3,000,000 Forward" Silver Down

HEAD OFFICE: LONDON

Paid-up Capital

Reserve Fund

£5,000,000) £3,000,000

LOCAL DOLLAR DROPS

$20,000,000

Reserve Liability of Pro-

prietors

Aloe Str

Amritage

Bangkok

Batavia

Kast

Boca bay

Calcutta Canton

Lumper

Kuching

Madras

Hon Mr.J.J. Paterson Cawnpore A. H. Compton Esq. T. E Pearce Esq, Cebu M. T.Jobinson Esq., G. Miskin Esq Colombo J.A. Plummer Esq., A.L. Shields. Estos

ANOT

BANGKOK

BAZATTA

HOMBAY

CALCUTT

CANTON CHEFOO COLOMBO DAIRES

FOOK HOT

HAIPHONG HANETEG HANKOM HARRIN

HONGKET

ILOILO

КОВЕ

T. M. Grayburth Eng

Chief Managet-

BRANCHES

LONDOS

TONS

NALACCA MANILA..

NCAR Johor)

MUKDEN

XEW YORK

PETPING

PENANG

RANGOON

SAIGON

SAN FRANCISCO

KUALA LUMPUR

SHANGHAI

SINGATORE

SURABATA

SENGET PATANI ·

JOHORE

KOWLOON

TIENTSIX

TOKYO

TRINGTAO

YOKOHAMA

Current Amount opmund in Local Currac and Fixed Depoustu foreind be won your or aborter pertuis in Lori Currence and Sueling on terms which will be quoted on application. Hong Kong 2nd Octobr. 1385.

HONG KONG SAVINGS BANK

The Bonition of time above Bank se conduct- ed by the NG KONG AND SHANGHAI BANKING CORPORATION,

FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION.

T.. GRATETEN.

obcard on cation

Delhi

Humbert Hankow

Harbin

Agencies and Branches:

Rangoon Saicon

Trong Book

Ipoh. Karch!

Manila

Medan

New York

Perpine

-(Peking)

Penant

Shanghai Singapore Sieten wat Mesarabaya TRAMAR Tien kan

(Shuker) Thinsto Takodama Zamboanga

this

The local dollar has declined

opening on demand morning at 1/11 (nominal).

"Spot silver was steady at 29- 5/16 but forward" declined 1/16/ 20-29-3/16

The London on New York cross- rate was quoted at US$491. as compared with US$4.91%,

Forries Exchange and General Banking business while the New York on London

Raunched

Current Accocto oproed and Fond Deposit received for one year or whorse periods as which will be quoted on application.

A. BREARLEY.

Manager. Hong Kong, 1st January, 1935.

THE

was

at

quoted Cross-rate

US$1.91%, as compared with £—U:S$492...

EXCHANGES

TO-DAY'S QUOTATION

AMERICAN EXPRESS. COMPANY, On London-

INC

Head Office: 65. Broadway, New York

Attenberdam

Antwerp Atheros

THE BANK OF EAST ASIA, LTD.

Cancion Colenbo Copinhagen Dublin Edinburgh Fiegen

Gracts

Jen Landra Istep! Laws & Paper your, you

"LABOR

Nostran

Branches of

On Singapore-

On demand

On demand

On Bangkok--

On demand

LOCAL SHARES

TO-DAY'S QUOTATIONS

B.

The following is the list of local abare quotations issued to-day:

Bankı HK Bank $1,070 b. $1,070 H.K. Bank (London) 51063 Chartered Bank £13% n. Marcantile Bank A. and

$233 Mercantile Bank C. $12 n. Bank of East Asia- $61-1

Instrances Canton Ins. $190-5. Unions Ins. $402.b. China Underwriters $1.10 3. China Fire Ins. $382 1. D HK Fire Ins. $190 b. International Assce. 34 n.

Shipping

Douglases $36 n-

EK. Steamboats $4 1. Indo-Chinas (Pret.), $30 n.. Indo-Chinas (Def.) $11 b. Shell (Bearer) $16/3 1. Union Waterboats $111⁄4 1.

Mining

Antamoks 70 cts. n.

Balatoes $14 2

Baguio Gold 22 cts. n.

Benguet Consolidated $10.60 m. Benguet Exploration 13 cts. H Big Wedge 8 cts

Docks, etc...!

NEW YORK STOCK

MARKET

Slight Recession Reported

MARKET NOT YET PUT TO

DEFINITE SELLING TEST

TIN CONSUMPTION

INCREASE

Figures For First Eight Months

London, To-day.

The world's apparent ́ con-

NEW ADVERTISEMENTS

CRAIGENGOWER CRICKET

CLUB

REMINDER

NNUAL "AT HOME

Dis-

sumption of tin for the first eight. tribution of Prizes on SUN- months of this year totalled 90,910 DAY, the 27th October, 1985.

tons.

BRAVE GIRL TRIES TO FOIL BANDITS

Telephones Police At Risk Of Life

In their market report, Messrs.tons, an increase of 11,692 tons Bowls and Tennis, to be followed S. E. Levy and Company, corres compared with the corresponding by TEA DANCE. pondents for Messrs. White Weld period of last year, according te and Company, New York, states-a bulletin issued by the Interna-

tional Tin Research and Develop “Stocks: There was a slight ment Council, while the total recession to-day, the recent ad-production on the same basis was vance in certain lines having aP-84,929 tons, an increase of 14,306)- parently been somewhat aver done. The market has not yet! Amongst other things, the Un- been put to a definite selling test ited States' consumption for the and, until it has, interest is not year ended August last increased likely to become general Busi-119 per cent.. to 54,160 tons, Iness done: 2160,000 shares. while the Russian and Italian Wheat: The continued better consumptions for the same period news from Europe together with reached high records at 6,345 tons the heavy Canadian surplus is and 5,362 tons respectively, in- retarding any advance for the

creases of 20.1 and 244 per cent. present, but we look for higher Reuter. markets as soon as some favour- [able stimulus appears and we

BUT BANK ROBBERS GET SAFELY AWAY

New York.

A client telephoning a bank here suddenly realised that the bank dfficial has ceased .to

converse across the wire. He little knew

would layour purchases at the PUTTING THE CAN the official had just looked

present level

:

(Continued on Page 10)

COMMODITY PRICES

The following quotations have [been received by Banter.

March

Prex. Yesterday! Closing Closing

IN CANADA

Remarkable Growth Of Industry

650 PER CENT INCREASE IN 30 YEARS

sub- into the steel barrel of a machine gun and had dropped the conversation on a peremptory or der from four bandits.

The client repeatedly called, the official over the wire but there was [no response...

He was about to replace the re- ceiver in disgust when a new voice came across the wire soft Ottawa, Canada. feminine: voice. It whispered to The growth of the production him that a hold-up was in pro- of canned foods in Canada since gress, that police were needed, and the beginning of the twentieth pleaded with him to release the century has been a romance of wire.

industry. In 1900 the total value The client expostulated, believ did not exceed $8,250,000 by 1930 himself the victim of a prac- it had increased to more than tical joke. The whisper, however. $55,000,000.

became more tense and insistent- The principal commodities used there was a note of urgency in the in the canning industry are fish, subdued voice-Eventually he was....

milk fruits, vegetables,

and convinced and hang up the re- 13.16 meats. In addition, it forms ceiver. 13.25a valuable adjunct to other indus-

At Risk of Her Life 13.40 tries, notably the tin can indus-

It was Miss Helen Van Dyck, a 13.54

wooden try, the

box industry brave little book-keeper, who, un- 13.69a and the paper and printing in-

dustries.

On TT and demand

1/11

4 months' sight

1/11%

Crédits 4 months" sight 1/1N

On Shanghai—

Capital

Surplus Reserves

US $6,000,000.00 2.183.633.06 -$70,731.05

On demand

141

51%

BRANCHES:

On Japan-

On demand

1634

Glanrew

Vice

On India-

The Hague

Havane

On T.T. and demand

12631

Gold Creek 30 cts. n.

Banie

:

Finzburk

Ruins may be

Berlin Bombe Bremen

Har

On New York-

Gold River 574 s-11-

Hendri

Priemo

Iserialien

Potterdam

On demand

47%

Ipo Mining 90 cts. u.

Credits 60 days sight. 45% n

Cairo

Calcutta

Seunghi TUTDUT PLOD

On Batavia-

Itogons 361⁄2 cts. z. Salacots 15 cts: 1.

New York Cotton:-- October

December

11.05 11.00 11.00 10.96

Chief Manager.

Sanatpore

•Hong Kong, Zia Felruary, 125

On demand

69

Formuna Vint:

On Paris

Kailan Mining Ad. 11/- 1. Langkats (Single) Sh.$18 n.

January

10.96

10.90

March

11.03

10.94

Monte Carlo

On demand

715

Mucila

Munich

Credits 4 months sight. 7421⁄2

Shai Exploration Sh.$41⁄2 DL Shai Loans Sh. $54 n.

May

11.07

1100

July

11.07

11.01

On Saigon-

Ranbs $6.65 1-.

Spot

11.40

11.35

Authoriend Capital

$30,000,000,00

Pd-up Capital

American Express $.60.04 Company in Principal cities of United Erverts and Endivid Tate$20,000.00 States of America and Canada.

On demand

71/4

Venz; Goldfield $230′n.

New York Rubber:--

On Manila-

December

13.15

913

HK and K Wharves

(old) January

13.22

HEAD OFFICE:--NORG FONG.

20. Des Vorus Bond. Central.

All classes of Commercial Banking Transactions undertaken.

964

-$6634 D. HK and K. Wharves

$53 m.

13.39

(new) May

13.52

July

13.67

Chicago Wheat:-

December

9934

May

99

July

$9

9935 99 893%.

Chicago Com:-

December

613%

-603-

May

July

39% -60

59

-603

May

8834 Market $9 closed

93

New York Sugar:—

December

2.41

2.46

January March

2.16

2:17

2.12

213

May

2.17

2.17

Dec. Мат

Dec. ceived at rates which will be quoted Chic. Wheat on application. Special rates given for Special deposits.

Last close 10.20 11:00 N.Y./London 492% 4.91% 491 N.Y. Cotton

11.00 10.94 10.95. 1101 10.99 11:07

13.19 - 1315

13.17

;

July

2.20

2:21.

Shanghai Lands Sh.$13.90 m Metropolitan Lands Sh. $10 Humphreys $73% b

New York Silk:

•}

December

2.09

March

2.04

Dec. May

99%

99

100% 99%

HK Realties: $4 m Chinese Estates $86 n. China Eealties Sh.$4` n. China Debentures Sh.$35 1. Public Utilities

May

2.04

2.05

Montreal Silver:

December

January

March

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

H.K. Tramways. $10.60 b., $18.65

May

61%

83.

May

597%

Peak Trams (old) $5 n

PHILIP GOCKCHEN

STOCKS

Peak Trams (new) $41⁄2 n.

multilation.

Star Ferries $77 b.

Datin

Calcutta

Canton Hurphong

Fatim

заездовая

Bonalulu

Penang

Fol

Xowinon Langua

Season

!!!

Zmaze

Shangban

Ichay

Tarutaja

Tokyo

Dom.

pax

October 25

October

BOARD OF DIRECTORS:

Kim Shoa-sets Chow Cima

Li Eon Chen, Em P. x_Eq=

Tun Tan Eng Chan Chine She'. Eng. Là Lan Sang. Eng., Wong Chu Son, E. and Kan Tize To, Eaç.

AMOY

• Jockey

་་་

Kas Tung Po. Euq. Chief Manager. Li Twe Fong Enga Munaze.

BRANCHES AND AGENCIES:-

Standa

31 Exte Katmanki New York Ond

Eu Francisca

Singapore Sours.bey Sentow

Nydney

Every description of Banking sod Exchange bumber tracted Luana sranted on upproved! vecurities.

Carreta erunt opened in Local Currency and Fixed Deponite received for one your c aborter period in Loral and Foreign Carmacies on Lerum huch will be quoted on: application.

Sale Deposit Boar ID Lin

KAN, TONG "PO.

-Personal investment accounts hand-Sovereigns bank buying rate 1/11% 29 5/16 Bar silver per oz. {led.

Bar silver in Hong Kong

... BOWL, The Company offers to intending Travellers the use of its Travellers Copper cash Cheques" and Letters of Credit and,Copper cents.

Im addition, the world-wide services Rate of native interest of its thoroughly equipped, Travel Hong Kong sub. coin Department.S

EDUGGAN,

Chinese snb. coin

.3% pa par

325% dis

Manager NEW YORK STOCK

THE WING ON BAŃK

LIMITED

Head Office: Hong Kong 26, Des Voeux Road Central

Authorized Capital $10,000,000

LONDON BANKERS

Westminster Band, Ltd. Foreign Exchange and every des cripton of banking business transact- ed.

EXCHANGE

Latest Quotations

The following quotations were re- ceived by Reater:-

Current Accounts and Savings Ac-N.Y, Bubber THE CHINA & SOUTH SEA BANK, counts opened Fixed Deposits re-

(Incorporated in China) Head Office-Shanghai

$7,500,000.00 $1,500,000.00

Branches-All Important Cities in

China Foreign Ex-age and General Banking Business L transacted,

Carree and Saving Accounts opened and Pizzé Deposits revived for our year shorter perioda at rates, which will be quoted on application.

Manager

SOU Z. CHANG,

Hanger

HONG KONG BEANCE:

24, Des Taus Bond."' Chaten..

Foreign Exchange Dept.

General Ozder

Cashier's Odor

GOCKCHIN Asst. Managér

Amer Smelting 53 53%

Chief Manager

LI SHU FONG Anaconda Aust. Manager Coppez

Con. Gas of

N.I.

HK and W. Docks $9 n.. Providents (old) 60 cts. Providents (new) 20 eta. IL. : Hong Kew Sh. $2371⁄21⁄2 1. New Engineering Sh$4 n. Shanghai Docks $80 1.

Cotton Millis Ewo Cotton Shi$5% b. Shanghai Cotton

$65/1

(old) Sb Winnepeg Wheat:

Shanghai Cotton (new) $40 Zoong Singa Sh. $81⁄2 n Wing On Textiles Sh. $25 -

Lands, Hotels, etc.

1. December.

H.K and S. Hotel $3 bo HK Lands $25 b. $25.10 sa -H.K. Lands 4% Debentures $100

Capital

Reserve

LIMITED

Chief Manag..

Tel. 33565

THE YOKOHAMA SPECIE BANK LIMITED

Established 1880

Capital (full paid-up) Yen. 100,000,000 Beserve Fund Yen. 127,450,000 |

Head Office: YOKOHAMA

Branches and Agencies at

Alexandria

Batavia

Berlin

Bombay

Calcutta

Canton

Nagasaki Nagoya

New York

Osaka

Paris

Peiping

Dairen' (Dalny). Eangoon

Fengtien (Mukden) Rio de Janeiro

Hamburg

Hankow

Harbin

Hong Kong

Honolulu

Hrinking,

Karachi

Kob

San Francisco Seattle

Semarang

Shanghai

THE

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)

Capital paid up $5,000,000. Reserves

$7.300,000. Capital Savings Dept. $500,000. Beserve Savings Dept $600,000. Head-Office-Shanghai

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

7. Ice House SC Phone 31481-2-3

FOR SALE

tion of the best varieties of Reliable and Tested FLOWER AND VEGETABLE SEEDS

from:

Sutton & Sons, Reading

tes & Co, Ltd,

of serving you.

and your com-

best

20%

21

29

29% 2914

Elec. Bord &

Share

14 General Motors 51% Int. Tel & Tel. 10% Loew's Inc. Montgomery

Ward

15%

57€

10%

N.Y. Central Standard O1

of NJ

US Steel

2

49% 49% 491

32% 384

23% 23% 23%

432 48% 49% 47% 47%

BERLIN SHARE MARKET

STILL QUIET BUT OUTLOOK BETTER

** CHINA MAIL “ SPECIAL

Berlin, To-day." Exceptional quietness prevailed again on the share market yester- day, but the outlook on the whole was brighter, and many shares changed hands at better prices.. Dullness also characterise

the fixed interest security market, but prices in general were unchanged. For instance gold mortgage bonds either improved or declined more than quarter points Call money, was at Lipe Ocean Service.

REICHSMARK QUOTATIONS

Yarmati Fezzies $17 n.

C. Light $8.10. 5, $8.40 sa

a

noticed by the bandits, had stolen

The development of the canned to the abandoned phone and, crouching low behind a desk, had food trade has effected great!

changes in the relation of foods revived the conversation at risk of

her life: to seasons. Fruits and veget-

ables of many kinds are to be had

Miss Van Dyek got her call

the

at all times of the year, not al-through to the police while ways with all the flavour of the bandits were still gathering up the but cash. But when the forces of law freshly-gathered" product, with much of their original arrived, it was too late the rob- bers had just left, with a haul of freshness and flavour. .

G$2,000.

Canadian Salmon

The salmon canning industry,

Before the bandits left they

the

for which Canada is famous the showed their rugged temper by world over, is practically con- firing two shots into the door.. fined to British Columbia, It Previously they had" berded dates back to 1876, when the first manager, a teller and a customer pack was only 9,847 cases. By into a rear room. de 1930 the pack had increased to A fifth bandit, waiting at the 2,223,469 cases, the highest kerb in an automobile, with its 2.07

figure to date. It is worth mil-engine running, aided the robbers 2:05 lions of dollars to Canada an-in their escape-Renter

Innally

66.30

Market 66.50 closed

66.74

67.30

"A similar growth has taken place in regard to the canning of fruits and vegetables, chiefly carried on in the provinces of Ontario, Quebec and British a— asked, bbid, t-traded, Columbia. The pack in 1933 possible consisted of 1,201,275 cases of nominal," 'xx

fruits and 4,531,542 cases of vegetables, valued at $2,895,000 land $8,257,000 respectively.

Reuter.

H.K. Electrics $52 b. $53/5 RAW RUBBER PRICES

$3.

Macao Electrics $20 n° Sandakan. Light $8 a.pu Telephones (old) $17.15 b. Telephones (new) $6% ni China Buses Sh.$111⁄4 n.. Singapore Traction 13/- n. S'pore Traction Pref. 25/- 1

Industrials.

Malabon Sugar $81⁄2: A Cald, Macg. (Ord) Sh$19% Da Cald: Macg, (Pref.), Sh.$13 11. Canton lees $1.60 1. Cements $3.05 ₺e

HK. Ropes $2 b.. $2.10 sz.

Stores, etc.

Dairy Farms $143⁄4 b. Watsons $3.20 but Lane, Crawford $23⁄41⁄2 n. Mackintosh. A Sinceres $1.60 1. -Wm. Powells 70 cts: n/ Wing On (HK) $55-2.

Miscellaneous Entertainments $4 m2

S. C. Enterprises $1.35 m. Macao "Greyhounds” $2 n.” Constructions (old) $149 2- Constructions (new): 25 cts. Vibro Paling Am

Che Govt 5% 1925 G4Bds

91%

HK Govt 4% Loen 5%

Wallace

Latest Quotations From Singapore

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

A FORTUNE FROM CHIMNEYS

Secrets Of The Mint Revealed

Blue Books rarely offer light reading, but some odd and interest- ing gems of information sparkle in the pages of the Report from

CANADIAN LUMBER the Select Committee on Estimates,

FOR N. CHINA

Big Shipments From British Columbia

published recently

For instance, it is revealed that a fortune lies in the chimneys and drains of the. Mint Sir Robert

Johnson, its Deputy Master and Comptroller, told the committee. that silver gets into these places Vancouver, BC in the processes of manufacture. September was a particularly A good part of it is recovered, but British something like £1,000 worth is lost month an November-December 20 ets. Columbia coast for ships in the every year. “When we were doing

Down 1⁄2 b., 221⁄44: cts: an

Canada-China, trade. No fewer gold." said Sir Robert, "the January-March (1936) 12% cts. than four steamers sailed with sweeps were worth a lot of

Spot 214 Downb., 21% ets.

Down % b. 221⁄2 cts. s. April-June (1936) 23 cts. Down

% b 237/4

Market: Quiet.

busy

full cargoes of Canadian lumber money. for North China ports.

Incoming ships from China have (Continued at foot of next Cot.)

American Doctor Denies That He Is Source Of Gas

Rumours

Addis Ababa, to-day-Allega-source of the tions appearing in the world press cerning the poi

Hackman who to the effect that Italy had been end of this week using poison gas, notably at the southern front with Ogaden bombardment are attri doctors of the Fi buted to statements made by an emphatically America

itioner, made stat

Jide-and adds

Just arriv

nowledge

ever used

Ocean Ser

The Mint costs the taxpayer no- thing, thanks to its profits on mak- ing coins for Britain and abroad and reclaiming zilver from with- drawn old coins We are worth to the year

There

Only

CAT-

eavy

sellTM one