1935-10-26 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital

$50,000,000

Issued and Fully Paid-op 20,000,000 Reserve Funds:

Reserve Liability of Pro-

Sterling

prietors

HEAD OFFICE: HONG KONG.

BOARD OF DIRECTORS.

S-EL Dodwell - Eng.

Chairman.

LONDON

کچھ

早いで

THE CHARTERED BANK OF INDIA, AUSTRALIA E CHINA Incorporated by Royal Charter, 1855.

DON HEAD OFFICE:

£3,000,000 Paid-up Capital

£3,000,000

THE CHINA HAIE, SATURDAY, OCTOBER 26,

STOCK

ARLE LESSONS. LEARNED

ADVE

Commerce and ASRIERA

Finance

COMMODITY PRICES

The following quotations have $3,000,000) been received by Beater

AH. Compton Esq. T. E. Pearce Es, Croa M.T. Johnson Esq. G. Miskin Es

Colombo

J.A. Plammer Esq. A. L. Shields Esq. Euphon

COLOMBO

DAIREN POOCHOW HAIPHONG

HANSURO

HANKOW

HARBIN

HONGREW

YM Graybarn. Eng

Chief Magage.

BRANCHTES

LYONS

MALACCA

MANILA

XĽAR Gobare)

MUKDEN

NEW YORK

PEIPING

PENANG RANGOON

SAIGON

SAN FRANCISCO

SHANGHAI

Carrens Arconate opened and Fixed Deposit January

received · for con, yer œe shorte perioda at exins which will be quoted on applosion.

A. BREARLEY

BANGKOK

CALCU

CANTON

CHEFOO

Prev. Yesterday Closing Closing

SHARE MARKET

Messrs. Harriman's Weekly Report

Wheat Prices

CAR LOADINGS INCREAS

In their markstṣreport, Messrs.

out no cross äri-

bling their line-out work, for all

CRICKET CLUB

TOTIGO is thereby given that the following Debentures.

N

от

their height, is poor, they pack were drawn at the Pavilion

ber, 1935: S. E. Levy and Company, corres to high in the front row their Thursday, the 24th day of Octo pondents for Messrs. White Weld attempts at wheeling with their 3-4-formation are pathetic they and Company. New York, staber“--

have no co-ordinated system of Stocks: Prospects towards the defence round the scrummage, if * October 26. market continue favourable, and we may judge by the ease with Messrs G. A. Harriman and we see little change in the char which young Tanner slipped away Ca's weekly share report and scter of trading, in the near st Swansea. market review issued at noon to future: Meanwhile a selling test, et

continues to be an ever-present

Non Nus. Nos. Nos. Nos. Nou

TE 247 298 474 443.640. SI 253 363. '419 475="650" (137° 274 371 / 430 523 689 *2+26-: 278 - 374 436 535 751 234·279 · 412 439 624. 826 Folders of drawn Debentures who desire to be paid on the Sist (October, 1935, are requested to

58

Harsh Criticisms. day states:

possibility, but, should such occur, Harsh criticisms, perhaps, but inform the Treasurers, Messrs. Although the volume of trading

we would not hesitate to make I make them in all friendliness Percy Smith, Seth & Fleming, on during the week ander review was substantial purchases. Business Rugby followers in this country or before Wednesday, the 30th on the lightside, a feeling of

domes-2,470,000 shares.

are anxious to see these very like October, 1935): -> [greater interest was displayed`to-

AND NOTICE is hereby given wards stocks in many sections of Wheat: Prices advanced some-able New Zealanders do well. We [the market). Consequently prices what on declining receipts and expect brilliant football from them that Debentures numbered

above which are not cashed on in many instances showed fair scarcity of immediate millable We enjoy it, and it gives us extra

Although the better cause for pride if we happen to the 31st October, 1935, will be appreciation. Investment issues supplies.

They have

paid on the 30th April, 1936, after came in for good buying enquiry. European situation is at present give them a game."

which date they will cease to bear Hong Kong Electrics rose to retarding any major advance, we shown, moreover, that the stuff of

interest $53. Star Ferries to $79 and still look for better markets when brilliant football is in them. A Telephones (old) to $18% Hong any encouraging stimulus appears, little steering of those fast and

By Order of the Committee, powerful forwards, and we may Kong Lands enhanced to a buy-Total sales-21,055,000 bushels.

look out for squalis -

A. K. MACKENZIE, (Continued on: Page 3): ing rate of $25, having changed

Hon Secretary. I hear, incidentally, that Oxford hands at $25.10. : Hong Kong

art thinking of packing 341 Hong Kong, 25th October, 1935. Trams. remained very steady with

Possibly the All Blacks defeat at

***£ 6,500,000

$20,000,000

Reserve Fund Reserve · Liability- of Pro-

prietors

gencies and Branches:

Doda Ipok

Bangoon Saigon

Bangkok

Semarang

New York Cotton:---

CC Ech. Enq

Batavia

Xang

October

11.00

Deputy Charman

Bombay

Kabe

Shanghai

Hon. Mr. W. H. Bell

Calcetta

Blogspore

December

10.96

10.92

Hon Mr. J Paterson •_*

Імпрые

Commpere

Kuching

Sourabay

January

10.90

10.89

Madre

Txipiag

March

10.94

10.97

Manila

Kedah

Tonica

MayTM

11.00

11.00

New-York

Bhacker]

Hatadurg

Pelning

Tingimo

July

11.01 11.02

|Handew

(Peking)

Harbin

Zamboang

Spot

11.35

ILSO

Bong Loo

New York Rubber:---

Foreign Exchange und Genes? Banking business |

December

March

¡May

Manager July Hong Kong, lat Jammary, 1935.

15.48 1316 13.25a 18.57 13.40 13.54 15.69a

ISTO 13.36

14.00a

[Chicago Wheat:--

December

9934

KUALA LUMPURĄ.

May

99

100% 100

"THE

July

89%

90%

SINGAPORE

SOURABAYA

AMERICAN EXPRESS COMPANY, Chicazo Corn:-

SUNGE PATENT

INC.

December

601⁄2

61%

Head Offices-65, Broadway, New York

May

59%

595%

July

60%

60%

sales effected at $10.65/70. Dairy

New York Sugar:-

Capital

.U.S.$6,000,000.00

October

8834

8878

Farms continued in demand and

Surplus

2183,633.06

|December

29:

294

issues ruled firmer on the whole

870,731.05

May

93

93%

Watsons improved a great deal

Winnepeg Wheat:

December

246

-2.40

January

2.17

216

March

2.13

2.12

Beale Berlin

Hamburg

Havre

May

217

216

Bales may be

Brete

Batterdam

July

2.21

2.21

Bramwel

Rame

New York Silk:-

Cairo

Calcutta

Southampton

December

2.07

2.03

Cannes

Chef Manage

Hong Kong: 5th February, 19

Colche Copendagen Dubis

Ing.mo

LADO

Batuetan

Move Cario

Singapor Tverbin Escemina Vienna Venice

March

2.05

201

May

2.05

2.02

Montreal Silver:

Manila

Munich

Yokohama Zarich

December

66.30-

Montreux

January

66.50

of

66.74

66.10 66,051 66.15

67.30

66-752

HOLO

IPOX

JOHORE

KOBE

TIENTSIN

TUXTO

YOULOON

TSINGTAO

YOKOHAMA

Currat Arrounds opened in Iool Currency and Fixed Deposits verived for one year or shorer primis in Local Currency and Sterling on tartte which will be qunced on applications. Hong Kong, Ind "October, "191.

·HONG KONG SAVINGS BANK

The Business of the above Bank 2 condues- ed by the HONG KONG AND SHANGHAI BASSING CULTOZATION.

obtained on application.

FOR THE ONG KONG AND SHANGELAT BASKING CORPORATION

V. X, GRATECEN,

Reserves

Amsterdam Antwerp

BRANCHES

Grezen Glasgow The Magne

Xaples

THE BANK OF EAST ASIA, LTD.

Kuchorined. Capital

Paid-up Capital

Reserve and Undivided Profits

Edinburgh Fioro Genera

Branches

Heidelberg Interlaken

Jerameen Loodua

Liverpook Laverne

Paris. Priping

Polazio

American Express March

$10.000,008.00 Company in Principal cities of United May $200,000.00 States of America and Canada.

$2.590,604,04

HEAD OFFICE: HONG KONG.

30. Des Yeux Boed, Central.

BOARD OF DIRECTORS—–—

Ser Shoumca Chow, Creat

All classes of Commercial Banking!

Transactions undertaken.

Personal investment accounts hand- NEW YORK STOCK

hoo Chun, E. P. L Avik Eas. Tons{led. Jun Tone. Eng Chan Ching Stuck. Et Li Lan Saug. Eng. Wong Chu Soo, Tay, and San Ting Po. Esq.

han Tung Po, Eng, Chirt Xanager. Li Two Fong. Eaqi, Masegur.

BRANCHES AND AGENCIES:-

Scottis

bag Mengha Sinepore

Amey

Manila

Combay Calerat

Melbourne

New York

Canter

Swatom

Haiphong Hanbow Hosciulu

"Pusping

Sydney

Tboku

T'watris

Tokyo

Losiyon: “Londra

San Franciano

Petisag Bangost

Vancouver Yokohamaa

Every dewiption of Banking and Exchange businen: waonected. Losta ganted on spproved

Currut Accounts oproed in Local Currency and Fixed Deposit red for one year or shorter periode in Local and Foreign Currpacien oo 'terios which will be gusted' on application.

Sale Depout Boxen To Let

KAN TONG PO

Chief Manager.

The Company offers to intending Travellers the use of its "Travellers Cheques" sind Letters of Credit and, In addition, the world-wide services of its thoroughly equipped Travel Department.

E. W. DUGGAN,

Manager.

THE WING ON BANK

LIMITED.

EXCHANGE

Latest Quotations

October 26

The following quotations were re- ceived by Reuter:-

NY/London

Last close .10.20 11.00 491 491%. 4914

NY. Cotton

Deci

May

10.96 11:00

10.94 10.98 10.96 10.97

NY. Rubber

Dec.

曲

13.16

13.27

13:26

Chic. Wheat.

Dec

99%

May

99

99%%% 99%2

Chic. Corn

LONDON BANKERS:— Westminster Band, Ltd

Dec.

60%

60%

May

59%

59

56

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

Foreign Exchange and every des2 STOCKS cripton of banking business transact-Amer Smelting 55% 56% ed

THE CHINA & SOUTH SEA BANK, counts opened. Fixed Deposits ze-Con. Gas of

21%

99%

Latest Quotations

The following quotations were Swansea may dissuade them. I

could be placed at $15. Minor received by Reuter

cross-rate

*hope so, at any rate, for this winter in particular Oxford muust Prev. To-davy/control the game forward if they -loss

close hope to counteract the speed and

cleverness of an exceptional Cam 4.91% 49%

bridge back division 10.92

13:43

100% 6131

3:199

with business done up to $3.45. N.Y/Londak Ropes were better with shares changing hands at $3/3.10. China N.Y. Cotton Dec.... 10.96 Lights remained firm with buyers |N.T. Rubber Dec. 13.16 at $810, having been done at Chicago Wheat Dec. 99% |$8.10/8.15- Providents (old) im- Chicago Corn Dec. 60%

Montreal Silver Dec. 66.30 - 66.10 proved slightly and were put silver Oficial 65%** through at 55/60 cents.

- Dow Jones Averages count of easiness in exchange, Hong Kong Banks were with transactions done at rising 30 Industrials 139.42 140.68 1.26 up 3€25 3482 57 p rates from $1,035 to $1,070-20 Utilities 26.66 27:18 .52′′zp Unions closed with buyers at $403.40 Bonds“ 96.16 96.25 10 wo The tone of the market at the 11 Commodity

Index....

56.63 56.87 24 up close is firm.

Business Done:-2,470,000 shares.

One acc

fumer

Business during the week has been done at the following prices:

H.K. Banks $1,035/1,070. H.K. Lands $25/25.10. H.K. Trams $10.65/10.70.. China Lights $8.10/8:15. HK. Electrics $53/634- EK Ropes $210. Telephones (old) $18. Telephones (new) $5.80. Wharves (old) $65. Hotels $3/5.10. · Sinceres $150/1.60 Dairy Farms $15.

Providents (old) 55/60 ets. Watsons $3.10/3.45. | Entertainments $22.

20 Rails

BRITISH RYDER CUP TEAM COST £300 EACH MAN

(Continued from Page 5.)

Larger D.S. Golf Ball

Problem For Wales

CHURCHESE

FIRST CHURCH OF CHRIST, SCIENTIST

of the Mother (A Branch Cliff Jones is still up at Cam-l bridge, and the Welsh selectors Church, The First Church of do Christ, Scientist, in Boston, Mass). must be wondering what to with him. If he is in his best! Macdonnell Road, below Bowen form this year be is obviously & Road Tram Station. strong candidate for the stand-off] half position in the Welsh texm At present, though, Tanner and

Sunday Service: 12:15 am Sunday School: 10.2.m. Subject: PROBATION AFTER

Davies, the Swansea half-backs, DEATH. have made out a very powerful Testimonial Meeting: Wednes claim for themselves by their play days. 6 pm....

against the All Blacks If they Reading Room is located at continue to play well it would be above address and is open: manifestly unwise to break up the Monday and Thursday: 5.30 to

7.p.m

partnership.

Can Cliff Jones be dropped hack

Tuesday and Friday 10 to 12

to the centre, then? Wooller is 1000

practically a certainty there, and All authorised Christian Science.

if Claude Davey's form on Satur Literature is available day was not a flash in the pan, Reading Room

at the

he must surely be the other Welsh The Public is cordially invited to attend the Service and visit the Reading Room

The team took their own supply centre. of golf balls specially made Mini this country to conform to the 1American standard ball:

Cliff Jones On Wing This That leaves the wings, and the ball is of the same weight as the thought of Cliff Jones on the wing is a little startling. I dislike the British, but slightly larger.

modern tendency to experiment Each player had 100. If he had with players out of their proper HK Stock Exchange Weekly wished he could have put down positions, but here, it seems to Report issued

at 3.15 pm yes a new ball at every hole.

me, might be an exception to the terday.

PERCY "ALLISS ONLY SINGLES WINNER

(Continued from Page 5)

Sarazen's putting had been. deadly, and he did some splendid I do not for & moment suppose rule. Jones is a beautiful runner The week under review was

work in getting out of: bunkers. characterised by increased trad-that any player did, though Gene with the necessary speed and foot-

that, in ball sense, and rather than leave Be took the lead at the 27th, and ing with rates being well main-Sarazen once told me tained. Banks and Insurances championships, he tees up a new him out of the team altogether after a hard struggle eventually continued in demand with London ball every three holes. being a consistent buyer and at

he might at least be tried as a

wing three-quarter. Players of his mastered his youthful opponent. In the week of a championship quality are too rare to be dropped Padgham's Exciting Match the close changed hands at slight-Sarazen uses about 100 new balls- tamely from representative foot- Padgham was in fine form

Anaconda

Current Accounts and Savings Ac-

Copper

2121%

LIMITED

ceived at rates which will be quoted) NY.

29.

292

on application. Special rates given Elec. Bond & for Special deposits.

ly over quoted rates..

Share

144

14%

14%

(Incorporated in China)

Head OfficeShanghai -

$7,500,000.00

PHILIP GOCKCHIN Chief Managem China

**L. GOCKCHINA Fareign Exchange and General Banking Bamineer

Asst. Manager - trasacted.

Trusteeship and Exeentorship - General Motors 51% dertaken. Safe Deposit Boxes for Im. Tel & Tel. 10% hire.

52

52

10

10%

48%

48

48

344

LI SHU FONG Asst. Manager

Capital Reserve

$1,500,000.00 Branches-A Important Cīties -in

Current and Saring. Accouzie opstad- und Fixed: Depsite received for our your shorter perioda at zaten, which will be quoted on application. SOU Z.-CHANGIA Manager.

BONG KONG BRANCH: 24, Dem Vorut Boad, Centra....

Manaqui's Office

Foreign: Exchange Depta meman

General Offe

Cashier's 05

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1680 ·

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE:

15. Gracechurch Street, London ECR Authorised Capital£3,000,000 Subscribed Capital .... 1,800,000 Paid-up Capita 1,050,000 Reserve Fund & Rest. 1,247,830 BANKERS: The Bank of England & Midland Bank. It

BEANCHES;

Bangkok

Ipoh

| Bombay-

Calcotta

Farneli

Colombo

Capital (fall paid-up) Yen. 100,000,000 Deli Reserve Fund Yen, 127,450,000 Hong Kong

Head Office: TOKOHAMA

Branches and Agencies at

Alexandria

Bateria

Berba

Bombay

Calcutta

Canton

Nagasaki Nagoya--- New York Osaka Paris Peiping Dairen (Daly) Kangour Fengtien (Makden) Rio de Janeiro”

Hamburg

Hankow

Harbing

San Francisco

Seattle Semarang

Hong Koog

Shanghai

Honolulu

Heinking

Karachi

Kobe London

Los Ange

Mojl

Bowrah

Kota Bharu

Kuala Lipis

Kear Tack Penang

Part Loui

(Mauritiys) Bangoon

- Kuala Laraper 5: Shanghai

Kantan (Pabung) Simin

Singapore

Hadzas

· HONG KONG · BRANCEL. Ecary description of Banking and Exch business trazuacked.

Travellers: Cangoes intoad...

Trustee and Executorships" undertalom. INTEREST allowed on Cazrent Accosta. :end Fised· Deposits at Babes link-may, be ascertained o syplication. ·

Queen's and Central, "..

Hoog Hoog. 24th July, 2014

KESKE

SHANGHAI COMMERCIAL &

SAVINGS BANK LEITED.

fa: China)

Loew's Inc. Montgomery

Ward NY. Central Standard Oil of NJ.- U.S. Steel

33. 34 22K% 2314

493 494 49% 46%

46%% 47%

HK SHAREBROKERS' ASSOCIATION

Stock Report

The following report was iznad

by the Hong Kong Sharabrokers | Association yesterday afternoon.

Bank of East Asia $62 b. Douglases $35-b. Steamboats $3 b. Beng Consolidateda $10.60 b Baguio Gold 141⁄2 cts. b. Antamoks 69% cts. b.. Beng Explorations 81⁄2 cts. b. Big Wedge 84 cts. b. Gold Rivers 5

cts. b.

Salacots 14%. cts. b.

«Raubs $63⁄4. b.

Hotels $3 bil Lands $25.30h. Humphreys $7.90 b.

Providents Old 55 cts. b. *Trams $10.60 b.

Star Ferries $77.ð. „Lights $3.10 b.

Electrics $68 b...

Telephones Old $18% h. Telephones New 35% b Canton Ices $13 b

Dairy Farms $14.85 C.D. bu

Cements*$3×10 bran

Fold $ Bonds 29

One thing at least we may

against Dutra, whom he led by two holes at the ninth Freiting Telephones, Lights and Elec. At 28. each this means a cost of ball trics have also improved over last 10; but, of course, he does not week but there is a dearth of buy them. On the contrary, he is hope that Swansea have led the gulf was seen on the homeward shares and what is offered is paid, to play with the type of ball way to the real Welsh Rugby re-half Padgham quickly lost his readily taken.

Trama remained quiet, sellers holding out for higher rates which buyers are not willing to trade at

Lands and Humphreys showed an improvement on last week and close in good demand.

he uses..

vival which we all long to see

Entries And Handicaps For

Eleventh Extra Race Meeting

lead, Dutra winning the 10th and 11th in par 4 and 3. The British player fought back splendidly to win the next two, and had a birdie at the 12th Padgham, however, dropped a hole at the 14th, but won the short 15th, where Dutra took 4 against 3. Dutra reduced the lead to one at the 16th. where The

Wharves owing to liquidation

The following are the entries; Lamberg (148), Mayflower (156) Fadgham was, one over par. fell away and remain quiet whilst Providents came in for a good and handicaps for next Saturday's Monoplane (163), Night View (140), last two holes were halved.

Pacifc Hall (145), Solfier of China The climax WES 3 magnificent deal of business buyers pre-Eleventh Extra Race Meeting at (156), Trowbridge (155), Valeroms second at the 18th from behind dominating Hotels were neglect the Valley':

(153) Victoria Hall (153) and Ythan

some trees. The ball overshot the ed owing to lack of interest.

Surrey Handicap, "B" ClassOne | (146), (

green, but Padgham played his. Nullah ---Nullah ⠀ Handicap, Star Ferries came to business (Mile, made w

Bay View (148), Hetman (163), Claus-One Mile.

third from stony ground to within at $79 and Watsons from $3.30 tog's Bounty (158), Ribble (153)

Australian Boy (138), Bag Tor a few feet of the cup amid ap $3.45.

and Soldier of Germany (145)./ (168), Boboiak Star (165), Cold planse from about 4,000 people.

Suffolk Handicap, "D" Class-Six Morning (135), Derby Day (105), Padgham, however, was another Furlongs 2000 mest

Goldsmith (188), Night Star (154),

BUSINESS DONE DURING THE WEEK Hong Kong Banks $1090, $1035,

$1040, $1070

Union Insurances $387. Wharves $66, T Hotels. $3.10, $3. - Lands $25, $25.10. Tramways $10.65, $10.70.. Star Ferries $79.

China Lights $81⁄4, $8.20, $8.10. Electrics $53, $68%, 53/53% Telephones (Old) $18. HL. Ropes $2.10. Dairy Farms $15.4 Watsons $5.30/3.45. -^ Sinceres $1.60... CHANGE (345 p.m.) CLOSING. * QUOTATIONS A BUYERS

Banky 51050,4

|

Belmont Star (144), Boxing Eve pacing Heart (157), Rose-Ann (149), Englishman to crack He did not (168), Copper Idol (145), Double Saucy Face (163) Shooting Star win a hole on the homeward half Campce (151), Glad Eyes (155), Gold (160) and Southern Cross (157). In the second round. Bullion (150), Elgh West (140), Iron

Norfolk Handicap, "D" Class-Six Grey (146), Philanderer (140), Prop Filongside bus

tious Time (140), Rousseau (161),,

Seventeenth of September (140), Dr Ebony Idol (140), Festival Eve

Perry's Bad Luck

Perry, the British champion,

Ho (140), Tiny Star (155), West (149), Heart's Glory (168), Jolly had very bad inck against the Parade (161) and Young Chap (140) Eyes (145), King's Parade (140), United States champion, Sam

The American acto Hong Kong Grifits Cap One and Limelight (140), Lion-Hunter (140); Parks

| A Quarter: "Miles:

Mersey (151), Partnership, (340),

Harvest View (161), High Honour Plain View (158), Popular Star (145) Squared the match on the last (161), King's Jubilee (161), Mistake Solar Star (140), Sylvandale (143), by holing a putt from 40ft Perry Bay (161), Night View ((158), Pos Team (140), Wembley Stag (151) was noue too lucky with his put- tiac Bay (161), Rose Queen (158), and William Osler (161) ting, and was two holes down cat He squared at the 18th, Soldier of Victory (161), and Victoria Sussex Handicap-Half Mile Hall (158)

Blacksmith (140), Beginner's Luck and they fought a very close bate ich leading in turn, tintil the Kent Bandicap, “C Class-One (155), Flaming (163), Forgems and A Quarter Miles First Section). (154), Helluvatella (150), Locks

Hall (140), Silver Fox (140), Bistre (155) Bright Star (150),

Dermster (165), What's Foxbridge (145); rest View (162), High Speed

Jungle Jim (168); (160) and Winkeld (140)

Kent Handicap/fCr Miles (Secad **Ceralend

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