1935-10-30 — Page 8

BANKS

HONG KONG AND SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION.

-INDIA, AUSTRALIA & CHINA,

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

Authorised Capital Issued and Fully Paid-up →

Reserve Funds:----

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

prietors

·HEAD OFFICE:"HONO TONG

BOARD OF DIRECTORS

& Dodweil, Esq. Chairah

CC. Knight, Esq.

Deputy Chairm

Hoa. Mr. W.H.Bell

HEAD OFFICE: LONDON

Paid-up Capital

(Reserve Fund

ES.000.000 __£3,000,000

Reserve Liability of Pro-

prietors

£3,000,000

Agencies and Branches:

Joe Ste

Amritsar

Bangkok

Ipoh Karchi

Bombay

Tobe

Calenta

Xusia

Lampor

Cempore

Colombo

Higher

Fucking Kadran Mani Medan

New York

Priping

Hon Mr.II. Paterson Canton

A. H. Compton Esq., TE Pearce Est, Cros

M. T. Johnson Esq., G. Miskin Es JA. Plammer Esq, AL. Shields. But

ANOT HANGKOK

COLO

HAIPHONG

PLAMIDEG

KASKOW

HARMIN

FONGFEW

WOILO

IPOH

JOKORE

TOBE

KOWLOOK

T. M. Grayburn, Esq.

Chit Manager.

BRANCHES

LONDON

LTONS

MANILA

MCAE Cobore)

KUNDES

NEW YORK

PELPING

PENANG

BANGOON

SAIGON

SAN FRANCISCO

KUALA LUMPUR

SHANGHAI

SINGAPORE

SOCKABAYA

SUNGET PATANI

TTENTSIN

TOKYO TSINGTAO...

YOKOHAMA

Current Accounds opened in Local Carrears and Fixed Deposite received for one year or warter periods in Local Currency and Sterling an tercin which will be quoted on applica Hong Kong, and October, 1933.

HONG KONG SAVINGS BANK

The Basizes of the shove Back in conillant- by the HONG KONG AND SHANGHAI BANKING CORPORATION. Bules may be obtained on application

FOR THE BUSG KONG AND SHANGHAI BANKING CORPORATION

FK GRAYBUEX,

Hamborg Hankow

Hoa Toes

Pesang

Rangoon Emigrenz Semarang Seremban Shanghai Sagapos

Ricia was Surabaya Taiping

Tonckab

• {Elbakar)

Tsingtao

"Zamboanga

Commerce and

Finance

LOCAL DOLLAR DECLINES

“Forward" Silver Down

The local dollar has declined %. opening on demand this mom- ing at 1/11 (nominal).

"Spot" silver was steady at 29- 5/16, bat forward" declined Ito-29.

The London on New York cross-] rate was quoted at £—US$4- 91. as compared with US. Foreign Exchange and General Beating boxin$491, while the New York on Current Accounts opened and Fixed Deponits London cross-rate was quoted at recurved for one year or shorter periods at US$491%, as compared with {which will be quoted en application.

$—US$491.

| Rancancieć.

A. ERKAKLEY,

Manager.

Hong Kong, 1st Jamary, 1935. ·

THE

RAW RUBBER PRICES

AMERICAN EXPRESS COMPANY, Latest Quotations From

INC.

Head Office: 65, Broadway,

New York

Capital Surplus Reserves

Amsterdam Antwerp Albecs

Banke

Berlin Borsby! Bremen

Cairo

Chiet Managet.

Calestia Camors

Hong Kong, 20th February, 1935-

Colombo

Copeningen Lublin

THE BANK OF EAST ASIA, LTD. Emborgh

$10,000,000.00 "Authorised Capital -

Paid-up Capital

56500.00 | Emers and Godinded Profits —— 2400,000,00

HEAD OFFICE:-BONG KONG.

30. Das Veraz Hood, Central

BOARD OF DIRECTORY:-

Sa Shoun Chow, Chariman

Soon Chun. Ex. 7.. Evoc Eng our Yus Tong. Eg Chan Ching bek, Eng. Li Las Sang Esq. Wong Chu Son, Esq. and Sas Ting

Lavery Batavia

Tan Tung Fo. Esq., Chief ManaGIE.

Li. Two Yong. Enjin Managet.

BRANCHES AND AGENCIES:—

Calcutta Capron Maphong

Hoonlu Kɔbe Stowloon Loudou

مانجر

Maibouti

Nagasaki New York Cla Paris Poping

Seati

Shanghai

Singapore

Souteni

Sydney

Printi Bauguce

Talonar

Tentaja

Jokyo

Das YoRECENT

Vaneuver

Yokota.com

Every description of Basicing and Earhangy bunacak konected. Loans granted on: approved securities.

Current Accounis opened in Loon Currency mzid· Fixed Deposita. "repeived for one year. shorter periode in Locatud Foreign Currencie- on terms which will be quoted on application

Sale Deposit Boxes To

ES TONG PO.-

A Chief- Manager.

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1880

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

Head Offer: YOKOHAMA

Branches and Agencies at

Alexandria

Batavia

Berlin

Bembay

Calcutta

Canton

Daizen (Dalny)

Nagasaki Nagoya

Foreson Genera

_TT_S.$6,000,000,00

BRANCHES:

-

Gezoe

Griang

The Hague

Hamburg HATTE Heidelberg Interlaken Jerusaleca Loadett Liverpool

Lowoo Lurzor

Marseilles Monte Carlo

Manila

Xunich

Montreux

2,183,633.06

870,731.05

fiteo

Nior

Saples

Parin

Pripiet Peleemo Botterdam Bome Shanghai Southcapton

Singapore Zatria *Taormina.

Texice Tokohama Zurich

Branches of American Express Company in Principal cities of United States of America and Canada.

All classes of Commercial Banking Transactions undertaken.

Personal investaient accounts hand-

Singapore

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

LOCA

SHARES

TO-DAY'S QUOTATIONS

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

Banka

HK Bank $1,090 b...“

FL.F. Bank (London)- £107% n Chartered Bank £13%1⁄2 1=- Mercantile Bank A. and

$234 TL Mercantile Bank C. £123⁄4IL Bank of East Asia $6234 b.

si Insurances Canton Ins. $197

L

Unions Ins. $405 b. - China Underwriters $1.10 s. China Fire Ins: $400 b. HAK. Fire-Ins, $195 b. International Assce. $4. n.

Shipping

Dongines $36

HE Steamboats $4.

Indo-Chinas (Pref.), $30 D

Indo Chimes (Def) $II +1. __Shell (Bearer) 76/101⁄2 n... Union Waterboats $113⁄41⁄4 12

*Mining

Antamoka 70 cts. Balatocs. $14 m.

Baguio Gold 22 cts. n.

- Benguet Consolidated $10.60 m. Spot 21% Down by 22785Benguet Exploration 13 ctx. n. November/December 22 3/4

Big Wedge 8 cts. Down b. 22 14 8. January/March (1936) 22 %/

Unchanged-b 23 S April/June (1936) 23 Un-

changed b. 23 48. Market:Undertone Firmer.

CANTON'S NEW WAY OF

RAISING BEES

Canton, To-dayThe Bureau of Agriculture has invented & new way of raising bees for! Instead of using the: honey. old way of raising bees in cages. led.

boxes are now employed, and it The Company offers to intending is expected that from an yearly Travellers the use of its Traveller production of 80.000 bales of Cheques" and Letters of Credit and, honey the yield will increase to 12 addition, the world-wide serices of its thoroughly equipped Travel 1,250,000 bales every year.

Central Fress. Department.

E. W. DUGGAN,

Manager.

THE WING ON BANK

LIMITED.

Head Office: Hong Kong

THE MERCANTILE BANK OF ..

INDIA, LTD.

HEAD OFFICE «

15. Graceebwch Street,“Loadori, E.CA. Authorised. Capital £3,000,000

Subscribed Capital

Paid-up Capital

1,200,000

1,050,000

Reserve Fund & Rest. 1,247,830

-USBANKIERS="

The Bank of Engined &. Midland Banks Ltd. BRANCHES:

26, Des Voeux Road Central. Authorised Capital $10,000,000.

LONDON BANKERS: " Westminster Band, Ltd

Bangkok Foreign Exchange and every des- Bombay Calestia cripton of banking business transact- Colombo ed.

Delhi

مالدي

Cafrent Accounts and Savings AC-Hoog Log counts opened Fixed Deposit re-Howrah cerved at rates which will be quoted

Kandy

New York Prang Port Louis

Kota Bharu.

Mmencinitas) Kuala Lipis Rangoon. Kuala Lumpur Shanghai

Konatan (Pabang! Simla Madras

Sizespore

HONG KONG BRANCE.

on application Special rates given Erery description of Basting and Exchange

for Special deposits. A

Trusteeship and Executorship dertaken Safe Deposit Boxes for hire.

...

FEILIE.GOCKCHIN_

- Chief Manaver

New York

Osaka

L. GOCKCHIN

Park

Asst: Manager

Peiping

Rangoon

Fengtien (Mukden) Rio de Janeiro

Hamburg

Hankow

Harbin

Hong Loa

Honolulu

Hainking

Karachi

Kobe

London"

Los Angeles

Manila

Moji

San Francisco

Seattle

Semarang

Shanghai Singapore Sourabay Sydney

Tientsin Tokyo

Tsingtan

Yingkow

Fnterest allowed for Current

counts

business" "testsacted...

Travellers · Chegom Inced,

“Tenten and· Exrmatónships undertaken.

ESTEREST · allowed, on Current: Accounts mad Fixed Deposits at. Bates that may be ascertained on application.

17. Qones's Bond Central LI SHU FONG "Hong Kong. 24th July, 1955,

Asst. Manage **

THE CHINA & SOUTH SEA BANK,

TIMITED

(Incorporated in China) -Head Office-Shanghai

Capital Reserve

500,000.00

MD $1,500,000.00 Branches All Important Cities

Ching

Forriga Erbange and General Basking Business

Carment and Baring, Accounts" opeõed and Phed Ac-Deposite received for one year or shorter periods at rate, which will be quoted-ons application

Deposits received for fixed periods at rates to be obtained on application.

C.-KISHINAMI:

|

BONG KONG BRANCHE- 3D Tag Road, Castes!,

Foreign Exchange Dept.

SƐntimger' = Office

Genes). One:

Hong Kong 1

Manager. ember 1934

POPEYE.

His Man Friday.”

THE

Hanager.

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED- Cincorporated in China)

Capital paid up

$5,000

Beseries contorna $1,800,000. Capital Savings Dept. $500,000. Reserve Savings Dept

600,000.

* Head Office Shanghai

"A Bank having as în mission

the industrial : development China and the fostering commercial relations abroad Hong Kong Office ---

7. Ice House-St. Phone 31481-2-3..

Gold Creek 30 ets. a. Gold River 51⁄2 cts.". Ipo Mining 90 cts. I Itogons 36 cta, u Salasots 15 ets. D. Kailan Mining Ad 11/9 n. Langkats (Single) Sh-$13 S'hai Exploration Sh.$434 n S'hai Loans Sh. $5% n. Raubs" $6.65. n. Venz; Goldfield $2:30 n.

Docks, etc.

HK and K Wharves

$70 b. $70:52.

HK and K. Wharves

$6732`n

HK and W. Docks $9

NEW WAVE SPHERE FOR RADIO

DECIMETRE BAND NOW

ACCESSIBLE

POSSIBLE TO DIRECT LIKE

SEARCH LIGHT

VER since the beginning of our practical knowledge of ether

NOTICE

HONG KONG AND KOWLOON“ WATER SUPPLY.

IS HEREBY NOTLELED that commencing on FRIDAY, 1st

6 AM to 9 PM

new channels for its activities Mile-long waves (still used in ply to all districts will be the Intelligence Service), middle waves for broadcasting and short waves for broadcasting, transoceanie traffic and inter- national intelligence service are three important results of tech- nical progress in the sphere of wireless waves. The waves under 10 metres in length, the so-called "ultra-short waves, are used Public Works Depar for television and to some extent for direction-finding.

In theory, shorter waves had} been known for some considerable time and, in the various countries, where interest in radio techraios was displayed, occasional experi ments had been made. As until now the means of their production, as well as the necessity of their] utilisation, had only attained an imperfect stage of "development, the use of these decimetre waves for practical work had been a very limited one...

German scientists have of late reached a new stage in this realm of technics and the practical re- aults gained have been made public.

Resemblance To Light-Rays

of supr

3. M. HENDERSON,

Water Authority,

Hong Kong 30th October, 1935.

NEW YORK STOCK MARKET

Much Uncertainty Prevails

MARKETS EXPECTED TO CONTINUE RISE

In their market report, Mess S. E. Levy and Company, comrÉS-- pondents for Messrsï White Weld- and Company, New York, state:→→→

Stocks: Moch uncertainty' still". prevails on Wall Street and there is no incentive for traders operate in either direction. We- are still of the opinion that buy- ing opportunities exist should prices take a downward-turn. Business done: 1,710,000 shares.

Wheat: The market acted as 1

to-

By means of demonstrations and experiments the Teleradio Com- pany, Limited, for wireless tele- graphy has shown the remarkable properties of these short electric waves and also how much these properties resemble those of the frequently shorter rays of light. Thus by quite easy methods these decimetre waves can be treated in a similar way to the rays of light (old) in a searchlight Bundles of rays quired for waves of a greater bushels Coru: 7,399,000 bushels.

On a platform on the banks of it is in a sold-out condition. Mills Lake Moeggel a transmitter for jare again buying and the trend decimetre wireless waves was erect-. looks like turning upwards. We ed which sent a conducting ray would advise purchase on my dip. across the lake

(33,085,000 Total sales: Wheat

can be transmitted in any desired length. Further there is the Cotton: It is reported that the (new) direction at a much smaller expen-possibility of utilising the same Producers Pool has transferred diture of energy than would be rewave length at numerous places 80,000 bales of December cotton for different purposes, thus pre-

to July and October December venting receiving and interfer-shorts are now nervous as trade- ence beyond the tightly-bundled short interest for December is

believed to be large.

Providents (old). 65 cts. b. Providents (new) 20 cts, ne Hong Kew Sh. $23772 n. New Engineering Sh.$4 n. Shanghai Docks $80...

Cotton Milla Ewo Cotton Sh.$5.90 b. Shanghai Cotton

$65 11" Shanghai Cotton (new) $40 m. Zoong Sings Sh: $836 1. Wing On Textiles Sh. $25 7

Lands, Hotels, etc..

Cold Sh

- H.K. and S. Hotel $3.15 b. $3.10

12.

HK. Lands $25 b..

HK Lands 4% Debentures $100)

I

Shanghai Lands Sh.$13.90_n. Metropolitan Lands Sh. $10 n. Humphreys $8.10 n HK. Realties $4 n- Chinese Estates $86 n. China Realties $4. China Debentures Sh.$35 2

Public Utilities

HK Tramways $1110 K, $10.70

Peak Trams (old) $5 n Peak Trams (new) $471⁄2 n. Star Ferries $79 .. Yaumati Ferries $17 1. C. Light $8.60 D. HK Electrics $55 b., $55 s Macao Electries 320 n. Sandakan Light $38. Telephones (old) $18.80 b. Telephones (new) $5,05′′ b. China Buses Sh$111⁄4 z "Singapore Traction 13/- 1

S'pore Traction Pret, 25/- 7 Industrials Malabon Sugar 381⁄2 2. Cald, Macg. (Ord.) Sh$19%1⁄2 Cald Macg. (Pret), S. $13 n Canton Ices $160 n. Cements $3.40 b HK: Ropes $232 b.

Stores, etc. Dairy Farms 142

Watsons $314 b Lane, Crawford $2% 1 Mackintosh $1 Sinceres $1.60 2. Wm. Powells 70, cts. n. Wing On (HK) $40 m

Miscellaneous

Entertainments $4 x: S. C. Enterprises $1.35 Macao "Greyhounds". $2 m Constructions (öld) $110 m Constructions (new) 25 cts. 8. Vibro Piling $4 1.

Ch. Govt. 5% 1925 G$Bds.

--91%

HK Govt 4% Loan 5% pren

bi

HK Govt 3% Loan Par b Walace Harpers $4 n.-

BRITISH REVENUE

RETURNS

Increase In Receipts And Expenditure

tay.

Teleradio is developing a great The publication Standard Statis- variety of apparatus for the pro- tice reports

Stocks Traders might lighten duction, transmitting and receiv ing of these decimetre waves, for holdings that have advanced the which there are so many new tasks most rapidly in favour of retail trade, oil and railroad issues on a in store, GRANADAD

medium term basis. For a longer Many Advantages

term basis, we would prefer This technical achievement is chemical, building, equipment and valuable for various reasons: the machinery securities. The markets apparatus is small and handy, the are expected to continue generally, energy sources required are

upward, allowing for seasonable trifling, an accurate wave-tuning variations, but we anticipate. I

·less is rendered possible no easy mat spectacular movements in motor

Habam· ValTES decimetre-wATCK.

and motor-parts shares, awaiting indications of 1936 buying. Forth coming Supreme Court decisions and the re-convening of Congress Tare kely to inject uncertainties into "industrial prospects after the tazi of the year.

Latest Quotations

The following quotations we received by Renter:

NX/London

cross-rate

Prey." To-daw

alosa

姿

NY Cotton Dec... 1027 10.98

London, To-day. The exchequer returns show that the total ordinary revenue, excluding self-balancing items,

producing Y Rabber Dec.-13.86.12.31 amounts to £536,230,467, as com-

198 Chicago Wheat, Dec. 9734 +pared with £321,864,553 – at the

Chicago, Corn Dec. 80% 59% corresponding date of last year, fter with a frequency of more than Montreal Silver Bec, 66.10 65.80 Receipts from income-tax-area milliard Hertz while also an Silver Oficial%2==-65% 65% £62,267,000, as against £60,414,000 accurate wave-adjustment as well Dow Jones Averages - p at this time last year, while the as many other properties distin-30 Industrials 140.78 140

20 Eails 34.90 34.83 total inland reverse-is-£131,221,-guish these new waves from all 20 Utilities 27.45 21.71232 up | 000, as against-£126,644,000.70. others of smaller frequency. As 40 Bonds 716 96.24 98.29 35 up

Receipts from Customs and an experiment a' ship was steered 11 Commodity

Grinder 66:31 56.53 22 mp Erise:are £175,950,000, as against by means of a transmitting-ray, Business Dose:-1,710,000 shares

the clearly proves £169,246,000 at the corresponding which date of last year

superiority of these decimetre The total ordmary expenditure, waves as compared with the usual exclusive of self-balancing items, optical signals, especially in bazy is £461,684,641, as against £384,- weather.

138,074 at the corresponding date: But in the course of years the of 1934-Renter

will be a still greater ran

To-morrow

Bon

the decimetre

·NO LIKE

FOUR CAMS!

POOEY TO YOU FROM ME.

HONG KONG DOLLAR DIRECTORY.

1936

NOW EE

SEND IN Y