1935-11-05 — Page 8

BANKS

HONG KONG AND SHANGHAI | THE CHARTERED BANK OF BANKING CORPORATION INDIA, AUSTRALIA" & CHINA. Authorised Capital ... $50,000,000 Incorporated by Royal Charter, 1553 Issued and Fully Paid-up. 20,000,000: Eeserve Funds:

Sterling

Silver

..£6,500,000

$10,000,000

Reserve Liability of Pro-

prietors

HEAD OFFICE: HONG KONG.

BOARD OF DIRECTORS.

S. E. Dodwell,. Eng.

Chairman

C. C. Inight Enq

Deputy Chairman

Hon. Mr. W. F. Bel

Si

HEAD OFFICES LONDON

Paid-up Capital

£3,000,000

Reserve Fund

Reserve Liability of Pro-

$20,000,000

prietors

£3,000,000

Agencies and Branches:

Vor Star

-Tolo

Rangive

Ipok

Faigoa

Bangkok

Sanchi

Batavia

Bombay

Tabe

Calcina Casson Cawnpore

Avala

Lapa pur

Inching Madena

Colombó

Kanila

Medes

Tongkah

New York

(Bhaker)

Hamburg

Prizing

Cangas

Hankow

(Peking

Yogakatoa

|Harbin

*

Penang

Zamboanga

Tour Tour

Hon Mr. J.J. Paterson | Čebu AH. Compton Esq., T.E. Pearce Est, Colora

M.T. Johnson Esq. J.A. Plummer Esq. Haiphong. G. Miskin Esq., A. L. Shields Esq.

AMOY

TX. Geavours. Enq*****

· Chief Manager.

BRANCHES

LONDON

LIGNS

SEALACCA

MUAR (Johorn)

NTLDEN

NEW YORK

SALCUTIA

ANTONAT

VULOVRO DATHEN POUCHOW

HAMBURG

PEIPING

PENANG

BANGOON

SAIGON

SAN FRANCISCO

SHANGHAI

SINGAFOXE

HANKOW BARKIN HONGKEW

SOURABAYA

ALDALO

SUNGE PATASI

TOKYO

FOST

PHORE

KOBE

TIENTSIN

KOWLOON

MULA LUMPER

TSINGTAO

YUKOBA

Current Accounts opened in Local CurteoEST aud Fixed Depouts, recasted for con your ar marmer perveda sa Lost Currency and Sterling De terms which will be quoted on applicsson ALSO up 30 dulo SAFE. DEPOSTi" BOXES

various TO LET.

Jong Buyut November, 1985.

·HONG KONG SAVINGS BANK

Buizes of the shone Bank is confact- by the HONG KONG AND SHANGHAI ANKING CORPORATION Buiss may be ubiszsed on applicatio

FUR THE HỤNG YONG AND SHANGELI BANKING CORPORATION

Y. M. GRATEURS,

Semarang Seewa.bwa Shanghai Zingapo

Sourabaya Isiping

THE CHINA MAIL, TUESDAY,

Commerce and Finance

LOCAL DOLLAR ADVANCES

Silver Prices Rise

The local dollar has advanced a penny of yesterday's closing rate, opening on demand this morning at 1/7 (nominal).

"Spot" silver rose 3/16 to 29 and "forward” advanced 5/16 to 29 3/16

The London on New York cross-

Formiga Exchange and General Backing business rate was quoted at £--US$4913⁄41⁄4,

Transacted.

as compared with £ US$4.91.

Current Accounts opened; and Fixed Deposita received for one ye or aborter periods at a while the New York on London. which will be quoted on application

A. BREAKLEY,

Manager

Hong Kong, 1st January, 1935.

*:15

AMERICAN EXPRESS COMPANY,

INC.

Head Office:-65; Broadway, New York

Capital

Surplus

Reserves

UL.S.$6,000,000.00

2,183,633.06. 870,731.05

BRANCHES:-

Genos

Glago The Hague .Havana.. Hamburg VEĽATZT

Heidelberg Interlaken Jerumaniera London

Siew Napira Freun Parit Priping Priceg Botterdam Bo Shanghai Testampton

Amsterdam Antwerp

Stbe

A

Harle

Beriin

Bombay

Bremen

Brucia

Chiet Manag.

Hong Kong. 5th February, 198

Cairo Calcetta Содвет Colomba

Liverpool

Lucerne

Copenhag Dublin

1

Marvelles

Monte Carlo.

Maria

Munich.“

Venice

Fokohama. Zurich

Montreux

THE BANK OF EAST ASIA, LTD. Edinburgh

Authorised Capital Pand-up Capital

Xerve and Undivisiod Profits

Florence Gorra

-$20,000,000,00

-$5,506.590.00

-S ZENG,100.0%

HEAD OFFICE:-HONG KONG. 3. De Vous Bond, Central

BOARD OF DIRECTORS:

Sir Show Chow, Chairment.

1 Boom Chun, Esqu F. L. Kwok, Eng Wong The Tong. Eaq. Chan Ching Shek,, Eng. Li Lê -bang. Eng. Wong Chu Dou, Esq. and Kan Ying

Laos

the therive

Co

Censon

Ting Po. Esq. Caiet Manager.

Im Fong. Esq. Manager.

BRANCHES AND AGENCIES >.

Mantle Melbourne. Nagusi

Cevic

New York

Seattle bemarang

Ziggore

tow

Mydary

2

.

Tientsin

Tokyo

Saiphong

Parin

Porzing

Honolulu

Paunty

Kobe

Hanguon

Lowood

Linden

Ban Francisco

Vauctainer

Yokohama

Fowey "description of Banking and Exchangy

Support Tientsia Taormina

・

cross-rate was quoted at US$4.92%.

US$491%. BERLIN SHARE MARKET Nearly All Sections Weaker

as compared with

*CHINA. MAIL" SPECIAL

Berlin, To-day".

The fall in prices which began at the end of last week continued yesterday, and nearly all sections of the market were weaker. Al offered though little stock was

there was no inclination to buy. Fixed interest securities were dull, İ showing no price changes--Tranz- } Ocean Service.

REICHSMARK QUOTATIONS

Berlin, To-day. Reichsmark quotations (without guarantee) yesterday were: New York, 4023; Paris, 610 Amsterdam. 59.26; Branches of American Express and, London, 12.24 The Paris Company in Principal cities of United sterling quotation

was 747, and States of America and Canada.

Trans-Ocean the dollar, 15.175. — Service

All classes of Commercial Banking Transactions undertaken.

Personal investiment accounts hand- NEW YORK STOCK

led.

:

..

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

E. W. DUGGAN,

Manager

Patent trausted. Loans granted on approced THE WING ON BANK

SECUTICLES.

Matrons. Accounts opened in Local Currency and Finnd Deposita, received for, one year o sportne periodu. in Local and. Foreign Currencies |

on series, which will be quoted on application;_t;

le Deposit Boxes To Let

KANTONG PO:

Chist Manager.

THE YOKOHAMA SPECIE BANK

LIMITED

Established: 1880

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

Head Office: TOKOHAMA

Branches and Agencias st

Ma Nagaraki

Alexandria

Batavia

Berlin."---

Bombay

Calcutta

Canton

water Nagoya

Dairen (Daly)

Fong tien (Maiden) Hamburg

Hankow

New York Ozaka

Peiping Rangoon

Rio de Janeiro San Francisco Seattle

LIMITED

Head Office: Hong Kong 26. Des Voeux-Road Central. Authorised Capital $10,000,000 LONDON BANKERS:... Westminster Band, Ltd. Foreign Exchange and every des- cripton of banking business transact ed.

EXCHANGE

Latest Quotations

- November 5. The following quotations, were re- ceived by Reuter:--

11.00 4.914.924 4.9235

LOCAL SHARES

TO-DAY'S QUOTATIONS The following is the list of local

share quotations issired to-day:

Banks

HK Bank $1,300 să HK. Bank (London) £1041⁄2 Chartered Bank 514 Mercantile Bank A. and -

$2314 Mercantile Bank C. £1234 n Bank of East Asia $65 bu

Insurances

Canton Ins. $225 b.

•.

Unions Ins. $510 b. $475 3a. China Underwriters $110 si China Fire Ins. $400 HK Fire Ins. $25 b. International' Assce. $4 1

Shipping

Douglases $96 n. HK Steamboats $4-n. Indo-Chinas. (Pref), $30⋅ n Indo-Chinas (De£} $11 Shell (Bearer) 80/T%1⁄21⁄2 1.7 Union Waterboats $113⁄41⁄2 r

Mining

Antamoks 90 cts. b. Balatons $16 b. Baguio Gold 22 cts. n. Beguet Consolidated $12 b. Benguet Exploration 13 cts. Da Big Wedge 8 cts. 1. Gold Creek 30 cts. n. Gold River 51⁄2 cts. ». Ipo Mining 90 cts. a. Itogons 361⁄2 eta. n. Salscots 15 cts. n. . Kailan Mining Ad. 11/6 n Langkats (Single) Sh-$13 n. S'hai Exploration Sh.$431⁄2- A Shai Loans Sh. $51⁄4 n. Raube $3.30 b, $8 sa ̈ Venz; Goldfield $2.30 n.

"Docks, etc. HK and K. Wharves

$81 b., $81 sa.

NETHERLANDS BANK RATE AGAIN REDEEMSTE

“CHINA "MAILT:SPECIAL Amsterdam, to-day--The Bank of the Nethertanda decided yester- day again, to lower the discount zats by per cent, to 4 per cent The rate has thus been decrease by 2 per cent, since October 21 --Teans-Ocean – Service.

NEW YORK STOCK

MARKET

Security Trading Somewhat Dull

GERMAN POLISH TRADE

Regulated By New Agreement

."CHINA MAIL" SPECIAL

Warsaw, To-dar

ADVE

PUBLIC AUCTIONS

[HE Undersigned have received instructions to sell by Puble

Anction

Од

A new German-Polish trade Thursday, the 7th. November, 1939

agreement was signed here on Monday evening and will pro-1 visionally come into force on.

November 20.

ex-

According to an official com- munique issued here, the agree ment regulates the entire change of goods between the two countries on the most favoured- nation principle and provides for the expansion of mutual com

HIGHER MARKET FORECASTmercial relations, with due regard

FOR NEAR FUTURE -

for each country's special econo- |mic requirements. All payments

commercial 11 m

at their Sales Room,

Duddell Street

A Fine Collection of Satsuma Pottery". comprising: NANN

Vases, Incense Burners, Bo Bowls, Plates, Figures etc, etc. -- Terms: Cash on Delivery

LAMMERT BROS.-

Auctioneers

The following quotations have

Messra White, Weld and Com-will be made by means of clearing COMMODITY PRICES pany New York Correspondenta house methods, which will also for Messrs. S. E. Levy and Co-be applied to the liquidating of pany report

the existing trade indebtedness. been received by Banter. Stocks:--Trading în securities In order to eliminate any diff- to-day was somewhat dull, due to culties which might arise both the holiday in New York to-mor-Governments agree to set up com-New York Cottons-

December row. We are still of the opinion mittees which will co-operate that the trend is favourable and closely in following the course of January that a higher market will be wit-trade and payments--Trans-March nessed in the near future. Busi- Ocean Service.

ness done: 1,750,000 shares.

Wheat: We recommend trad- ers to be on the long-side, asˆ a better consumptive

May

July

October

Spor

demand is FISHING TRADE IN New York Rabber anticipated. Total sales: Wheat 10,986,000 bushels Corn: 3,633- 000 bushels.

KWANGTUNG

December

January March

Government Plans For May

July

Prev. Yesterday

Closing Closiar

1096 10.96

10.87

10.88

10.82

10.79

10.80

10.79

30.79 10.29

·10.627.

10.58

ILIS

IL35

13.234 13.18.

13.29

13.26

13.46

IS.44

*

cause

(old)

Cotton:-Liquidation was com- paratively, well taken. The strong situation in the "spot” market is likely to

the December

Cantun, to-day.... premium to widen:

The Bureau of Agriculture has Flash:-Cram's estimate of the decided to formulate plans for imm-) production of cars and trucks in proving the fishing industry in the United States and Canada this province. Fish raising dis. during the week ended November tricts will be established in Toi- 2nd indicates 76,740 units, against shan and this, it is hoped, will help winepeg, Wheat 62015 units the previous week. to meet the demands for fish in

Steel mill activity is estimated the districts around the West at 50.9 per cent of capacity, cum- River-Central Press pared with 51.8 per cent. "the Previous week.

13.64

13.53

Improvement

INT

13.706+

[Chicago Wheat:-

December

98947

989

May

98

97%

July

895%

Chicago Corn:- December

58

May

58%

Jals

53

December

36

May

9034

New York Sayı

December

2.49

2.51

CIGARETTES IN KWANGTUNG

Yearly Trade Of $10,000,000

January

2.19

2.20

March

2.39

220

May

2:23

2.25

July

2.287

2.09

New York S

December

2.06

2.08

March

2.02

2042

May

2.02

2,04%

Montreal Silve December January March

65.45.

65.43π $5.80%- 65:30 65.201

May

66.30

66.40

HK and K Wharves (new)

$782 11.

HK and W. Docks. $9, n.

General Motors have declared a regular dividend, plus 50 cents

Providents (old) 90 cts. b, 90 per share, extra, both payable on

cts. så.

Providents (new) 20 cta, n Hong Kew Sh. $23722_n. New Engineering Sh.34 ne Shanghai Docks $80 n.

Cotton Mills Ewo Cotton Sh.48 b. Shanghai Cotton (old) Sb.

$65 11. Shanghai Cotton (new) $40 m Zoong Sings Sh. 191⁄2 1. Wing On Textiles Sh. $25 ¤, Lands, Hotels, etc.

December 12th, as of stocks on re- cord on November 14th.

The New York markets will re- main closed on November 5th-| Tuesday

Latest Quotations.

Canton, To-day. According to the latest infor mation, the province of Kwang- The following quotations were tung spends over $10,000,000, « year on cigarettes. There are no received by Reutersmi

Prev. To-day cigarette factories in this pro- close close. Įvince. All cigarettes are either

4.91 492 Shanghai-Central News: N.T. Cotton: Dec. 1. 10.96. 10.96 HK. and S. Hotel $4.10 b, $4.10 N.T. Rubber Dec... 13.231 13:18

Chicago Wheat. Dec. 98 9824 Chicago Corn Dec. 58 584

65.60 Montreal Silver Dec. 65.45 Silver Official 65% 654

Dow Jones Averages

HK Lands: $28 b.

Shanghai Lands Sh$13.90 m. Metropolitan Lands Sh. 310 Humphreys $34 h., 39 sa, HK Realties $434 h. Chinese Estates $86 m.

close

10.20

NY./London

NY. Cotton

Dec.

Мат NY. Rubber

Dee.

Chic Wheat

Dec

1:10.96 10.95 10.96 10.80 70.80 10.83

13.232 13.50

98

13. 32

9836

May

98

972

Chic. Com

Dec.

58

Mar STOCKS

58

584 5872

HK Lands 4% Debentures $100

Amer Smelting 6134

6161

Anaconda Copper

21%

21

21%

29%

3014

16

16

15.71

China Realties $4 m China Debentures Sh.335 n

54

$436

103

10%

Public Utilities

48

HK Tramways $12.90 b., $13/~

34

33%

33%

13:10 sa

22%

227

Peak Trams (old) $5

n

48 46%

THE

49

49

46%

Current Accounts and Savings Ac- counts opened Fixed Deposits re Co. Gas of cerved at rates which will be quoted NY. on application. Special rates given Elec. Bond &

Share for: Special deposits.

Trusteeship and Executorship un-General Motors 54%, dertaken. Safe Deposit Boxes for Int. Tel & Tel: 10% hire.

Loew's Inc. 48%

PHILIP GOCKCHIN Chief Manager

| Montgomery

Ward

L. GOCKCHIN -

Asst. Manage

LI SHU FONG Asst. Manages

THE CHINA & SOUTH SEA BANK.

Harkin

Semarang

Hong Kong

Shanghai

Honolulu

Singapore

Hainking

Sourabaya

Capital

Karachi

Kobe

London

Los Angeles

Manila

Megi

Sydney

Tientsin

Tokyo

Tringtau

Finekow

faterest allowed for Current Ac

counts.

Deposits received for fired perioda rates to be obtained on applicată.

C. KISHINAM

Hong Kong, 12th September, 1986.

POPEYE.

HEAVENS!

LIMITED

(Incorporated in China) Head Office- Shanghai.

$7,500,000.00 Reserve

$1,500,000.00 Branches-All Important: Cities in

Chiza

Foreign Exchange, and General. Banking Business:

Omtrent and Saving Accounts opened and Tíned

Deposits received for one year or shorter pacios | steunton, which will be:quoned on spplíosting.

Mag

HONG KONG BEANCH: 3. Der Voruz Road, Centrali

General Ore

"The Dove Of Peace."

ME NETHER

THAD NO 1 HMS"

IDEA THERE WERE INDIANS LAF

HERE!

-DEAR, INJUNS ME, "THE GREAT DICT

EXECHES HERE WITH PEAC TLOVES

WANTS

NY. Central Standard Oil:

* of NJ, ULS. Steel

465

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED

-EIncorporated-in-China)-

Capital paid up Beserves

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

Capital Savings Dept: $500,000. Reserve Savings Dept.: $800,000. Head Office Shanghai

| A-Bank-having`as is mission „the industrial development on China "and" "the fostering of her -commercial relations abroad. 'Hong Kong Offer

de House St.

Phone 31481-2-3

(SINO FRICTION

ORENMITED- LOVES EVERT FEATHER IN EYER HEADS - YER SWELL GOYS

Peak Trams (new) $41⁄2 n.

Star Ferries $84 7

Yaumati Ferries-$17 n

C. Light $10 b., $92/2014 82 FLK. Electrics $6134 b., $59/-

614 sa

Macao Electrics 520 n Sandakan Light+$3 n.

Telephones (old) $22 b., $21/22|

3.

Telephones (new) $63⁄4% b. China Buses Sh‡111⁄4 n Singapore Traction 15/- n. S'pore Traction Prež 25/~ 1 Industrials

Malabon Sugar $834 1 Cald, Macg. (Ord) Sh.$193⁄41⁄2 m Cald: Marg, (Pref.), Sh-$18 n Canton Ices $1.60 TL

I WANTS EVER BODY TO.

BE HAPPY—AWANTS: NO TROUBLE

1 LOVES PEACE!

NT/London

cross-rate

30 Industrials 141.20 141.07 · 113 of 20 Rails 34.37" 35.06 - 19 up 40 Bonds -96.26 96.35 19 up 27.78 28.00 22 up 20 Utilities.

Index 55.49 56.66 17 up Business Done:-1,750,000 shares.

Cements $434 E

HK Ropes $234 b.

Stares, etc.

Dairy Farms $15 b, $143⁄4%/-

14.80-82.

Watsons $3.10 3. Lane Crawfords $23⁄4 Mackintosh $5′′m Sinceres $1.60 1.“. Wm. Powella:70 ctan Wing On (HK) $40 1.

Miscellaneous Entertainments $2 m

S. C. Enterprises $1.35 n. Macro “Greyhounds” $2 1. Constructions,(old) $1.10 2. Constructions (new) 25 cta. Vibro Piling $4 n.

imported from abroad or from RAW RUBBER PRICES Latest Quotations From

U. S. CONSULAR CHANGES

IN SHANGHAI

Singapore

Messzz H B. Joseph and Co received the following Straits

Shanghai, to-day-Carl Mein-Currency quotations from Singa- hardt, United States consulat}pore for raw rubber yesterday: Shanghai, will retire on Novem-;-Spot 21% Down 1⁄4 by 21% 8.

day. The State Department in Washington Cannounces that F. Russell. Engdahl, Vice-Consul at je Calentta, will be assigned to the position of Vice-Consul in Shang- hai-Union News.

"b. 22% S April-June 23 Down % by 2

July-September 23% Down

Day 2378 3 Market: Qui

Unemployment In Britain

London, To-day. As forecast by Great Britain. This was 16 the Chancellor of the Exchequer, more than at September 23 Mr. Neville Chamberlain, in his 270,000 more than the broadenst election

un flore.

address

Saturday, the figures of unem- At the same date the numbers ployment published

of employed persons on

show a reduction of over 40,000 sisters in Britain totalled 1916- in the number of unemployed in 399, comprising 1,595,689 wholly October, as compared with the unemployed, 238,866 temporarily preceding,myndin.

laid off and 81,535, normally in According to

of casual employment. HK Govt 4% Loan 5% prem. Labour estimat

there

Chi Govt 5% 1925 G&Bd.

91% L

HK Gort 3% % Loan Far be. Wallace Harpers $4;n.

492,000

tween 16

To-morrow

"Long Live The Queen!"

FANIYAM GONER: HAVE PEACE, TOO YA BLASTED SWABS

SMELL THIS!

90%

at October 21, The total was 42.220

imately

10-at September

ploynes

be-less than a year inlWireless Service

HON DOLLAR

1936

IRECTORY